Saturday, April 30, 2011

Broadway series for 2011-2012 features the return of 'Wicked' - Daily Press

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The Virginian-Pilot


Broadway series for 2011-2012 features the return of 'Wicked'

Daily Press


The return of two popular musicals, "Wicked" and "Disney's Beauty and the Beast," will head up the Broadway In Norfolk season coming to Chrysler H »

Wednesday, April 27, 2011

In Columbus, more cash convention center upgrades - bizjournals Business Travel Guide

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Competitive bidding by contractors worried about the economic downturn droppeed the construction price tag for Battelle Hall renovationsby $3.9 milliobn last fall. That’s allowed officialsz to sock awayaboutr $2 million while puttinv the remainder of the savings toward a host of othef improvements under way at the conventio center. All told, the $40 million project includesd not only the originakl plans forBattelle Hall, but also new carpet throughouf much of the facility, new commo areas, more meeting space, fancier wall coverings and a new Nationwide Boulevard entrance with an elevator.
“We got some aggressive said William Jennison, executiv e director of the , which oversees the downtownn complex. “We were able to completse our wish list.” The savings for the convention centee illustrate the opportunities that can be created during a when companies short on businessa may be more willing to slasnh prices tosecure work. “People wanted the and there were not a lot of projects goinggto bid,” Jennison said.
“Theuy wanted to tie up work knowinhg that we were going intoa (deeper) The bulk of the work at the convention centere still is the conversion of Battelle Hall from an 90,000-square-foot exhibition space once used for sporting eventss into an 80,000-square-foot, carpeted ballroom. The biggest ballroom availabler at the convention center isonly 25,000 squared feet, Jennison said. Part of the projectr involves creating a multilevel connection from the BattellHall space, part of the originap convention center built in 1980, into a walkway that leads to the rest of the convention centere from its 1993 Users found it difficult to get from Battellde Hall to the newer areas, Jennison “It was never built with an expansion in mind,” Jennisoh said.
When completed, Battellse Hall will be more attractive to those using the rest of the conventiob center because it will be easiee toget to, Jennison said. The which is expected to cost $31.2 million, is expectecd to be completed on scheduls by the end ofthe year, Jennison said. Despitr launching the project durinb aneconomic upheaval, it has progressed Jennison said. The convention facilities authoritu raised most of the money for theproject $38 million – through a bond issuance in 2007, beforer the recession began and the credit markeyt seized up. “We had the money in the bank when themaelstromm hit, which was a good place for it to he said.
The timing for the project workedout perfectly, said Brianm Ross, vice president of sales for Experience “Thank God they had the money priorf to all this,” he said. “If you’rse going to build, now is the time to do it, when businesxs is down.” The convention facilities authoritu has seen its revenue fall by 10 percent to 15 percen tthis year, after posting revenue of about $10 million in 2008, Jennison said. “Npo one is really canceling, but when we have fewer people attend and those that do attend spendeless money,” he said.
But Ross said when the economuy improves, the convention center will be in a bettedr position to take advantage of a growth spurft because ofits upgrades. Othe r improvements at the convention center include an improvedfreight elevator, updates to its fire alarm and about 450,000 square feet of new expected to cost about $1.3 million. “Carpett doesn’t wear out, it ugliex out,” Jennison said.
“It’s taken a lot of

Monday, April 25, 2011

UA cancer center receives $20.8 million - Phoenix Business Journal:

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million from the National Cancer Institute. This is a renewal of funding from NCI, which has given financial supportf to the cancer centertsince 1978, when it received $1 The grant also extends the center’s designation as one of 40 comprehensivw cancer units in the United States, and the only one basedx in Arizona. The Arizona Cancer Centee ranked 25th in NCI funding among facilities with morethan $29 million. To achieved its grant renewal, the cancer center submittesd a 1,054-page application and hosted a 32-member peer-review committee visitr in February.
Facilities must demonstrate depth and breadth of activitiesin basic, clinical and prevention-control In 2007-08, 1,707 participants were enrolleed in clinical trials at the Arizonqa Cancer Center. The center teams with on clinical care and with also contributing toresearch efforts. UA officials are in discussionswith St. Joseph’e Hospital and Medical Center to expand the cancer cente r to its PhoenixBiomedical Campus. Talkw with Banner Health stallec in January 2008 over faculty costs and size of the hospital they had been planning on the campuw at Seventh and Van Buren streetxs indowntown Phoenix. Banner now is working with the Universith ofTexas M.D.
Anderson Cancer Center to creatsthe M.D. Anderson Banner Cancef Center in Gilbert. Plans call for building a $90 76-bed facility within Bannetr Gateway’s campus. Ground is expected to be broke n in Decemberor January, with the 120,000-square-foot projecy opening in 2011, when it will employ 575 people. Bannert Health President and CEO Peter Fine received treatmengt for throat cancer at theTexas facility. He said it was at that poinrt that he solidified his decision to move forward with the partnershil after receivingexcellent care. David president and CEO of Cancer Treatmenyt Centersof America, said he welcomes M.D. Anderson.
CTCA openedx in Goodyear in “We believe cancer patients deserve a choice in cancer care,” Veillette said. “In fact, cancer patiente deserve more options, not fewer.” CTCA takes a different approachto healing, integratinhg naturopathic medicine, nutrition, mind-bod medicine and spiritual supporr integrating with traditional treatments to help manage side strengthen the immune systemn and improve quality of he said. Cancer is the secon most common causeof death, second to cardiovasculaf diseases, and accounted for 22.8 percent of U.S. deathx in 2002.

Saturday, April 23, 2011

Easter feast of bargains - Toronto Sun

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Easter feast of bargains

Toronto Sun


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Wednesday, April 20, 2011

Woodland Corporate Center building gets LEED gold certification - Denver Business Journal:

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The building, which opened early last year, was designed and built to meet the second highesy ranking ofthe Council’s Leadership in Energy and Environmental was the general contractor. Liberty Propertt Trust Vice President Jody Johnston estimates the cost of building to greej standards added an additional 5 percenf to the overalldevelopment costs, but that will be more than offsef by lower energy costs. Specialk features include showers and lockers for workers who need to wash or changre clothes after they bike or jog to A deck made of recycled plastiv borders the back ofthe building, overlooking a wetlandxs area that provides shade.
Landscapingv incorporates drought-resistant plants native to A white reflective roof deflectsthe sun. Bins for recyclingh are placed near trashy binsfor accessibility. Restroonm urinals conserve water by relying on gravity and a filtef insteadof water. That featurr is expected to save 360,000 gallons annually since each urinaol uses anestimated 40,000 gallons annually, Johnston said. Grassd surrounding the parking lot soaksup rainwater. And a recycled rubber, was used insteacd of asphalt around the large oak trees that linethe lots. The porous rubbee allows water to soak into the The building, located at 4631 Woodland Blvd.
, receivefd the “Office Building of the Year” Award from the Tampa Bay Chapter of the and the “Green Building Desigjn Award” from the Hillsborough City-County Planning Commission in Liberty (NYSE: LRY) has developed and leased 19 buildings with nearlyy 1 million square feet of spac e in the park since 1996. Key park tenant s include , Travelers, Travel and .

Monday, April 18, 2011

University of Phoenix debuts doctoral programs in nursing, education - Phoenix Business Journal:

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Enrollment for both programsz isunder way. The Ed.S. prograk will begin later this month, and the nursing program is scheduled to star tin August. Both programs will be offered throughthe university’se School of Advanced Studies. Jeremy Moreland, dean of the Schoo of Advanced Studies, said the primarg goal of the nursing programk is to provide a strong research advanced education and enhanced training to help individuale move forward into a administrative or nursingfaculty position. The Ed.S. program is designed for individualsw who work primarilyin K-12 education, but would like to advancde their academic careers and increasr their earning levels.
The program will prepares learners to become transformational leaders who will strategically manage and lead complexeducationalo organizations. For more: .

Saturday, April 16, 2011

Shippers: What recession? - The Business Journal of Milwaukee:

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Ltd.’s unveiling of a remotely automatedc portin Busan, Southu Korea, and its plan to buildc three new terminals, includinf a $208 million terminal at Dames reflect the company’s aggressive mentalityh in spite of the recession, said Roy Schleicher, seniore director of trade development and global marketing for the . That and Mitsui O.S.K. Lines Ltd.’s own plans for expansion show confidencre inthe industry’s upturn and cemente their current and future operations in Hanjin’s “attitude is, ‘We’d be foolish not to push thingx forward and get things done,’ ” Schleicher said.
“We thought they might want to slowthings down, but instead they want to push forwardx faster.” Hanjin’s revenue has faree better than ’s, with nearly 30 percent growtg to about $8 billion in fiscal year compared with the same period a year ago. Despitr a drop in cargo volume, the sixth-largestt shipping company’s profits grew by more than 60 percent toabouyt $198 million within the same period. But the internationapl slump caught up with the company in the first quarterdof 2009, when it reported a $191 milliohn net loss, according to the Journal of In response, the company pushexd back some of its orderws for ships.
Mitsui, whic h is the 15th-largest international shipping company, postedx a $1.3 billion profit in fiscal 2008, down nearlu 32 percent. It blamed the decline in profits on the internationalktrade slump, high fuel prices and a strong yen. The company’s revenue declined by about 4.1 percen t to $18.6 billion. Hanjinj is opening a terminal in Spaihn in 2010 and another in Vietnam with Mitsukin 2011. With the opening of its terminal in Jacksonville in Hanjin will have five terminals in South Koreaq andeight abroad.
Hanjin plans to expand its vessel capacity fromabout 375,000 twenty-foot equivalent units, or TEUs, to about 575,000 TEUs within the next few said William Rooney, managing director of the company’sd American headquarters. Similarly, Mitsui, the parent company of the Dames Point terminaloperator , is lookinb to spend millions of dollars to buy an overseas bulk shipping line. The slump has lowered the valuatiomn ofpotential acquisitions. The Japanese company plans to increaswe its fleet ofbulk carriers, tankers and car carriers by 6.5 percenft to 740 ships by the end of this fiscalo year. Mitsui plans also to open a new terminalkin Rotterdam, Netherlands, in late 2013.
In the company has added three bringing two weekly services that open Jacksonvillee to new Asian markets and strengthening Europeanbcontainer service. Mitsui’s service calls on Busan and thered will likely be an increase in trade between Jacksonville and South Korea when Hanjin begins Schleicher said. South Korea is a largse exporter of consumer electronics and a strong importer ofconsumere goods, lumber and citrus. Schleichef said he was impressedwith Hanjin’s technological capability after attendingy the opening of its Busanh terminal May 21 with Rick Ferrin, the authority’sw executive director.
The terminal gives a glimpsre of how the remotely automated terminal planned in Jacksonvillerwill operate. “I’ve never seen a terminal business as sophisticatedr asthis one,” Schleicher said. The Busanm terminal can handle up to 2 million TEUs compared with the planned Jacksonvillw terminal that can handleabout 800,000 TEUs annually. The Jacksonviller terminal will be similad in that it will alsouse rail-mounted gantrt cranes to transport containers betweemn the yard and the ship, Roonegy said. The crane travele on rails and is controlled remotely by an The terminal at Dames Poiny will have 12 to15 rail-mounted gantr y cranes.
One operator can handle about three cranes at a Rooney said that the containers will be kept in a yard with sensoras that will shut it down if they detecfhuman motion. He said the company hadn’t decided the exact productivity rate Hanjin expects from theJacksonvillde terminal, but it aimed for world-class productivity levels, which is aboutr 40 container moves per hour per crane, Roone y said. Hanjin is expected to meet withthe ’es Local 1593 and 1408 in June or July.
Jess president of ILA Clerks & Checkers Loca 1593, said his uniob and ILA Local 1408 are negotiating with the company on positions that Hanjin wants its employees to handl e but the union says it canhandle instead. The union’s two gangs averaged about 33 movesx per hour per crane when they unloaded a ship at the TraPacv terminalMay 23. That is one move away from the company’sd goal, which needs to be met before TraPac will allow the union to expandeits gangs, Babich TraPac was not available to confirm the rate of The agreement between TraPac and the union comex after the terminal operator threatened to leave if productivity didn’ t improve.

Wednesday, April 13, 2011

GSI details revenue errors, probe widens - Business First of Columbus:

http://gardens.zxq.net/
The Bedford, Mass.-based companyh also said its legal counsel and audit committee were reviewing revenue bookings within its precision technology divisio n for the same periods to determine whetheer similar adjustmentsare needed. GSI (Nasdaq: GSI) said the affecteds revenue stemmed from accounting errors and the timing recorded forcertain transactions. Expected adjustments include: The situation has caused the company to delay the release of its financiak resultsto regulators. Last month, GSI said it was nearinfg a point when it could restate thosr results and submit to regulatore results from its fiscal first quarterf endedApril 3.
Nonetheless, the company said its filinv delays have prompted a delisting noticed from the and triggered negotiationas with creditors to restructureits . GSI said in its regulatory filing Tuesday that on June 11 it stood beforerthe Nasdaq’s Listing Qualificationsd Panel to request a stay of its pending The company is stillo awaiting a ruling on the In June, GSI said a declinw in bookings in the fourth and first quarters forced it to restructurd its operations and shave millions in costs from its The company cut 158 workers in the firsr quarter and another 16 employees in Those changes will resulf in roughly $9 million in annuall savings.

Monday, April 11, 2011

Follow the four I

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Make no mistake about it: Partners come in all shapesw and sizes. Everyone has God-given gifts and talents to sharew — once the relationships are assembled properly. However, making bad connectionss zaps too many Aproperly utilized, diversified group of partners will take you to the top of the Fail on this mission, though, and you will feel like Kirk and urgently plead for Scottyy to beam you up and out of there. Maximizing the powe r in your partners lets us work smarter and more and provide the qualithy of life weall want. Identify the source. • Investigate whethedr the source shares your visionand values. • Implemenrt a plan between you andyour partner.
Interconnect the right sources. • Referra l sources: compensation going in one direction. • Strategic partners: two people in the same broads industry who exchange referralswithourt compensation. • Strategic alliances: peopls in different industries who share the sametargetg market. • Centers of a client who likes you and has given you at leasty twounsolicited referrals. • Reverse referrap sources: an old referral source who can’tg give you referrals directly anymore, but has peoples under them who cando so.
Here is a typical scenario: A life insurancs professional meetsan accountant, and everything is fine for a whiles until one partner’s pail of water is In this case, it is probably the Why? The life insurancse person probably did not identifgy that source correctly and assumed it was a typical strategic partnership. Question: Who do you think has more clientsto refer? The accountant, right? So, since the life insuranced person cannot feed the it eventually eats him. That partnership was misclassified; it was probabluy a referral source.
There are so many I have created a partnersand profits” concept to learn how to identifg and connect partners in real-life scenariosz without the wires getting Martin Touch tip: Do not connect your sources with each otherf until you have an individual plan in place and it is working for six months. This is a commojn mistake that sometimes results in only aloosse connection. If you understand the four-k formula, you will have something You will feel indescribablde and you canyell “beam me up, Scotty” with a senser of mission accomplished.

Sunday, April 10, 2011

Madoff gets 150 years in prison - Business First of Columbus:

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“I’m not surprised. That’s what he said Adele Fox of Tamarac, who lost thousandsw of dollarsto Madoff's scheme. The mastermind behindf the biggest Ponzi schemrein U.S. history was sentenced on Monday morninh in federal court in Manhattan to 150 yearsbehind bars, the maximum requested by federal prosecutors. Madoff'sz attorney had asked for a far more lenient sentence of 12 Insentencing Madoff, U.S. Districgt Judge Denny Chin called the fraud and said thatthe “breach of trust was The judge described his acts as “extraordinarily evil.
” “Nop other white-collar case is comparable in termws of the scope, duration and enormity of the fraud and the degres of the betrayal,” Chin said. Madoff confessed in Marcb to 11 countsincluding fraud, money laundering theft and among other things. His victims reportedly number morethan 1,3009 and stretch across the globe. Their losses are estimate d at morethan $13 billion. Prior to sentencing, Chin heardc from nine of the victims who talked about thedevastation Madoff’xs fraud had caused to their lives and their families. Many of Madoff’ws wealthy clients lived in South Florida and lost their life savings tohis scheme.
Fox, 86, said she is stillp furious that the and the federalgovernment didn’t exposs Madoff’s fraud earlier. “The SEC is just as guiltyg as Madoff and theyfailed us. Nobody seemds to do anything about it,” Fox She also took issue with the large fees being paid to peopled such asIrving H. Picard, the trustee who is handling the liquidationb ofBernard L. Madoff Investment Securities. “The trusteew Picard is making hisown rules. They’re paying these guys millionsof dollars. It wouldr be better to pay the investors Fox said.
Fox, a widoa who once worked as secretary in New said sheinvested $50,000 in 1987 because she was relatefd to Madoff’s accountant, Jerryy Horowitz. She said she was able to get some moneyg back from Social Securitypayments she’ed made over the years on “phantom” incomde from Madoff accounts. However, she is worriesd that her disbursements may eventually be targeted in clawbacmk efforts by the trustee in bankruptct proceedings who has begun sending out letters demandiny the return of profits derived fromtheir investments.
Guy Fronsti a Boca Raton attorney who hasadvised Fox, said the government has “been good about refunding taxesz quickly” but there are delays in processin claims to the Securities Investor Protection Corporation. “Somew of the people I know are too busy with thesse other issues to really care that much abouft whathappened today. They believedf he would spend the rest of his daysin jail,” Fronstijn said. Jan Atlas, an attornet with Adorno Yoss, said he believes the courty had little choice but to levy the maximum sentencedon Madoff.
“I don’t thinmk the victims should have been victimized agaim by having him be able to leave prison one said Atlas, whose firm continuea to advise clients about tax returnws and possibly future claims against investmentf advisors who invested with Madoff. “I’m wonderintg if the trustee will be able to locate more than the billion plusthat he’s located, and what is the real Atlas said. In additioh to his prison term, Madoff was ordered to forfeitnearlhy $170 billion, which represents the proceedse of, and property involved in certaib of his crimes, according to a news release from the U.S.
Department of “While today’s sentence is an important milestone, the investigation is Lev L. Dassi, acting U.S. Attornety for the Southern District of New said in anews release. “Wed are focused on tracing, restrainin and liquidating assets to maximize recoveries forthe victims.”

Friday, April 8, 2011

Joe Ambrose - Minneapolis / St. Paul Business Journal:

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He would know. On top of his day job Ambrose oversees commercial banking in Missouri andSouthern Illinois, with responsibility for $2.3 billionh in loans — he also serves on a half dozem boards, ranging from the to the Downtown St. Louid Partnership to . He plays ice hockey once a and with alittle coaxing, suits up Sunday eveninge to play in a league with one of his “I’m not an exercise nut,” Ambrose, 53, though he can be found at the on the mornings when he is not If you ask him for his time management secret, Ambroswe will tell you to get up a littled earlier. Ambrose said he’s in bed by 10:30 most nightw and up at 5:30 weekdays.
The skillsd he exercises most are those ofa banker, his chose field since starting out of colleg e in 1978 as a bank examiner, and laterd joining the former . Jack Schreiber, now president and chief operatinb officerof ’s St. Louis region, recruited him in 1993 to Firsrt Bank. Schreiber left and Ambrosd has remained, expanding on his initial assignment to grow theretail bank’s commercial lending. If you ask him what he shouldn’y be paid for, it would be his technologty skills. “I’m Fred Everybody else is George Jetson,” Ambrose said. “I resisted getting e-mail for a long Now the company has me gettinhg it on mycell phone.
If it wasn’rt for this phone from I’d still be driving around with a quarter in my pocket lookinyg for the nextpay phone.” He and his Marcia, have three children, the youngest of whom is startinfg college and two who have graduated. How tough is it to get up and go to work in thecurrenf economy? A lot more challenginv given the kinds of work we’re in. The challengw comes in terms of restructuring customer loans and stayinh abreast of issues facingour customers.
All bankws get painted with thesame brush, but we’re a middlr market bank making loans to middle market Our customers are impacted if construction goes down, if consumer spending drops, and that affects us. We were not the ones swapping derivatives orleveraging portfolios. How did you get into banking?? I was working my way throughn UMSL. The job I had at the time was wearingme out. I was workingh in a warehouse and driving a deliveryg truck for a potato salad distributionbusiness — deliveries in the chopping lettuce in the warehouse in the fall. The money was OK, but it wasn’ t a whole lot of fun.
There was a 3-by-5 indexx card on the bulletin board at schooll that had a job posted for a bankexamine trainee. It was a co-op program work a semester, go to school a The FDIC ( ) offered me a job out of and Itook it. It was a tough job markett back then. How did you end up on the St. Louiw Sports Commission? I played in a golf tournamenyt put on by the owners ofDirt Cheap. They had a fundraise for the Sports forKids Foundation, whicjh was set up by the Sports Commission.
I startexd asking questions about the Sport Commission to learn and wound up meetingwith (Sports Commission President) Frank The next thing I know he’zs asking me if I wanted to be on the That was about four years ago. Are you leveraging your experience from bringing the NCAA Frozen Four herein 2007? I went to Denver last year for the Frozen to solidify connections with the NCAA, and went to Washington, this year, to work on a new We recently announced we’re getting the Ice Breaker Tournament, the kickoftf of the college hockey season, for 2010 and 2011. We’ll have four top-flight collegde hockey teams playing here.
This is a first step for the Sportss Commission to produce and host our own eventxs and not be totallu reliant onNCAA events, instead of waiting for the NCAA to honorr us with a bid. Those are gettinbg ultra competitive. Is there a themer to your outsideboard work? The things that interest me are boardse that are involved in both the socia and economic development of the region. You can’t have one withou t the other.

Wednesday, April 6, 2011

Obama: Public plan would

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If insurance companies do provide good insurance totheir customers, then they shoul d have nothing to fear from a government-run competitor, he said. “Theuy should be able to compete,” he said. If the public plan is able to reducse administrativecosts significantly, private insurers should take note and see if they can do the “There shouldn’t be any objection to Obama said. The public plan should be required tocollecrt premiums, not be “simply eating off the taxpayefr trough,” he added.
Health insurers and many businesd groups contend a public plan would have an unfair advantags becauseit wouldn’t be subject to all the rules impose on private insurers and likely would pay healthn providers less for their services. This could crowdf out many private insurers and lead providers to chargse private insurers more to make up for the lost incomew from the public they contend. When asked whether includinv a public plan in healt h care reformwas non-negotiable, the president “We are still early in this “We have not drawn a line in the other than reform has to control and it has to provide relief to people who don’t have healtuh insurance or are underinsured.
” Obama also was askecd what he thought about the performance of Federal Reserve Chairman Ben Bernanke, given the fact his financial regulatory reform plan proposes expanding the Fed’se authority. “I think he has done a very good job undef verydifficult circumstances,” Obama All regulators fell short of doing what was needed to prevent the financiaol crisis, but the Fed “probably performed bettert than most,” he said. Since the financia l crisis erupted, Bernanke has “performed very Obama said.

Monday, April 4, 2011

Elementary schools in Northtowns - Business First of Buffalo:

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Business First's 2009 rankings of 292 Western New York elementaryt schools include the followinvgNorthtowns schools. Each is preceded by its rank in the overall standings: • 1. Smallwoode Drive School (Amherst) 3. Maple East ES • 6. Ledgeview ES • 10. St. Gregory the Great School (Williamsville) 11. Christian Central Academy (Williamsville) 12. Maple West ES • 13. Harris Hill ES • 15. Country Parkway ES (Williamsville) 17. St. Stephen School (Grand • 21. Christ the King School (Amherst) • 24. Sheridam Hill ES (Clarence) • 25. Dodgw ES (Williamsville) • 26. Forest ES (Williamsville) 28. Maplemere ES (Sweet Home) • 33.
Huth Road Schoo (Grand Island) • 34. Mullen ES (Tonawanda) • 35. Heim ES • 36. Kaegebein School (Grand Island) • 38. St. Mary's School (Williamsville)

Saturday, April 2, 2011

Warren Buffett sells remaining Constellation shares - Philadelphia Business Journal:

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Buffett, his company (NYSE: BRK.A, BRK.B), and that company’s subsidiaruy , are each no longef stockholders inConstellation (NYSE: CEG), according to a form with the Securitiesd and Exchange Commission filer Monday. They have been slowly divesting the stoc over the past weeks and owning 7.3 percent in February and 6.3 percent last month. The sale ends the relationshil between the investorand Constellation, one of two Fortun 500 companies in Baltimore City. Iowa-based MidAmerican got a 10 percenr stake in Constellation whenits $4.7 billion bid for the companyt made in September was rejected three months late.
That offer came aftef a cash crunch led to a stee declinein Constellation’s stock price over several days and some investor feared bankruptcy. Constellation spurned the offer in favo of a deal tosell 49.99 percent of its nuclearf business for $4.5 billion to French firm , whicy had also been in the bidding for the company in For the cancelation, Constellation had to pay $175 millionn in breakup fees and $418 milliomn for stocks. It also had to repay a $1 billion loan from Buffett with 14percent interest. A decisiom on whether the deal with EDF requires Maryland approval is expected in a The deal is expected to closthis fall.

Friday, April 1, 2011

Questions remain about Wichita Area Technical College control - Wichita Business Journal:

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Q: What is the historyh of this study? A: It started in with Senate Bill 345. The bill mapped out a reconstructionof Kansas' public post-secondary education system. It was seen as "thr next step in the post-secondaryg system," says Camille Kluge, president of Wichita Area Technicap College. The bill addresses issues that have been aroun for30 years, she says, and some of them aren' t likely to go away soon. "This is not goint to happen fast," she says. "This is huge." Priof to SB 345, Kansas' communityy colleges and technical colleges were run by the Kansas State Boaredof Education. The bill placed them under the authority of the Kansazs Board ofRegents (KBOR).
However, the merger nevef took place. The technical institutions in Kansa are still under the coordination of theschoo boards. The KBOR hiredx Northwest Educational ResearchCenter (NORED) to conduct a studuy about the governance, administration, roles and missions of all 36 higher educatiobn institutes in Kansas. Now NOREeD proposes that the merging continue and that therde becomesa single, statewide communityt and technical college system. It's importany to remember, says Kluge, that this is just a recommendatiobnby NORED, and the Board of Regents can chooses not to enact any of these ideas. Q: Who does this affect ? A: In the Wichita the biggest concern isthe WATC.
The technicapl college oversees 1,200 to 1,400 post-secondary studentxs and 1,400 full-time high school (secondary) students. Some questions arisd because USD 259, which WATC answers to now, has the rightr to refuse any ofthese recommendations. There are two options, says If USD 259 accepts the recommendations, it will no longerr have any say inthe post-secondary sector of WATC. It will stilol control the secondary students.
Klugde says WATC is in a unique situation because of the high school students it If the Board of Regent stakes over, she the college will have to deal with still being on USD 259 being on its network and still employing USD 259 If the school board doesn'tf take the recommendation, there will no longere be any funding for the college's post-secondaryt students. If this happens, says there is virtually no way WATC could stay in That wouldleave 1,200 to 1,40 students "with no entity," she Q: What does WATC mean to the local busines s community? A. There is a lot of interestr about WATC because it suppliexs a major source ofthe area's workforce.
On WATC graduates about 1,000 students per In the 1999-2000 class, 1,054 students graduated, and 85.7 percent of those graduates areemployed locally, accordingt to a career placemenr study by WATC. "Technical education is viewed by the communit as a critical economic development process for the saysJim Schwarzenberger, vice president of workforce developmen at the Wichita Area Chamber of Commerce. He says a lot of businessezs say WATC works hard at responding totheirf needs. Morris K. Dunlap, immediate past president of the Wichitwa IndependentBusiness Association, says WATC does a good job turning out student s businesses can use.
The WATC has always come to employerds and asked whatthey needed. "They're very responsivde to the community," he says. Q: Is the recommendation a good idea A: It depends on who you ask. The school boarx has the option whether to acceptthe Regents' Either way, Kluge says, it's going to be difficultg for USD 259 and "It was an option that wasn'tr a very good option," she Connie Dietz, president of USD 259, says the schoopl board has always said that it was best for WATC to be undef USD 259 because it provides a seamlesxs system between secondary and post-secondary.
"The position of the schoopl board is that we want to continue to be the governinyg body of thetechnicak college," says Dietz. She says it is certainly an optionb for the school board to refuse the Atthis point, she and some memberx of the board have met with a grouop of WATC constituents and will report back to the rest of the No decision has been made, says Schwarzenberger says he is excited that this issud is on the table because what happens at WATC affects the local businesw community. The national competitiveness, structure and education at WATC needzs to be talked throughbecause it's a majof decision, he says.
"No matter what the outcome, the collaboration betweenb the institutes would be enhanced if we were to work on a moreregionak basis," he says. "The opportunityg for the technical colleg to respond and changeis there." Dunlapo says WATC has done a good job providinvg mechanical training to its but if it was organized better it might be able to put out more studentes adept at computers and technology. "I've been concernerd from the outsidethat they're trying to be all things to all peopld there," says Dunlap. "Maybe it is time to rethink the organizatiobof it. I think they're doing a reasonablwe job. They're educators, they're not busines s people.
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