Monday, April 30, 2012

U.S. Chamber economist: Get ready for another recession - Business First of Buffalo:

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Those odds may seem low, but they’ree actually high since double-dip recessions are rare and the U.S. economhy grows 95 percent of the time, said the chamber’d Marty Regalia. He predicts the current economifc downturn will endaround September, but the unemploymenyt rate will remain high through the first half of next Investment won’t snap back as quickly as it usuall does after a Regalia said. Inflation, however, looms as a potentialp problem because of thefederal government’se huge budget deficits and the massive amounty of dollars pumped into the economy by the Federal he said.
If this stimulus is not unwoun once the economy beginsto recover, higher interest rates coulds choke off improvement in the housing market and businesxs investment, he said. “The economy has got to be runninfg on its own by the middld ofnext year,” Regalia said. Almosr every major inflationary periodin U.S. history was preceded by heavy debt he noted. The chances of a double-dil recession will be lower if Ben Bernanke is reappointed chairman of the Federal Regalia said. If President Barack Obama appoints his economicd adviser Larry Summers to chairthe Fed, that would signalo the monetary spigot would remain open for a longer time, he said.
A coalescing of the Fed and the Obamwa administrationis “not something the markets want to see,” Regaliw said. Obama has declined to say whether he willreappoiny Bernanke, whose term ends in February. more than half of small business ownersd expect the recession to last at leasy anothertwo years, according to a survey of Intuit Payroll customers. But 61 percent expectt their own business to grow in the next12 “Small business owners are bullish on their own abilities, but bearishj on the factors they can’t said Cameron Schmidt, director of marketing for Intuift Employee Management Solutions. “Even in the gloomiest economy therwe are opportunitiesto seize.
” A separate survey of smalo business owners by Discover Financial Servicesw found that 57 percent thought the economy was gettingh worse, while 26 percent thought the economgy was improving. More than half plannex to decrease spending on business development in the nextsix

Wednesday, April 25, 2012

Stillspotting at a Jackson Heights cafe. Akira Yamada - Capital New York

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Stillspotting at a Jackson Heights cafe. Akira Yamada

Capital New York


By Lara Pellegrinelli "Please forgive us! We are urban barbarians. You are hungry and we have offered you no food. Dasha is in the kitchen. She is making a special Czech dish: roast pork with sauerkraut and dumplings." Seated in a spare, modern dining ...



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Monday, April 23, 2012

Calming Tensions With Iran Is the Real Solution on Oil - U.S. News & World Report

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Calming Tensions With Iran Is the Real Solution on Oil

U.S. News & World Report


By Andrew Holland Andrew Holland is the senior fellow for energy and climate at the American Security Project, which recently published Cause and Effect: US Gasoline Prices. The president is right; speculation does impact the price of gasoline.



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Saturday, April 21, 2012

Chinese company to buy Hummer - Birmingham Business Journal:

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When GM, which filed for bankruptcyt protection Monday, announced earlier Tuesday that a buyerr had been found forthe off-roa vehicle line, the name was not immediately disclosed. a major industrial machineru group, will acquire the rights to theHummer brand, alongb with a senior management and operationa l team. It will also assume existing dealerd agreements relatingto HUMMER’s dealership network. It is contemplated that Tengzhong will, as part of the enter into a long-term contract assembly and key component and material supply agreementfwith GM. In an earlier GM said it expects the deal if successfu l to secure morethan 3,009 US jobs.
The finaol terms of the deal, scheduled to closse in the third quarter, are subjec t to final negotiations. The cost of the transactionb wasnot revealed. is acting as exclusive financia advisor and is acting as international legal counsekl to Tengzhong onthis transaction. Citi is actinfg as financial advisorto GM.

Thursday, April 19, 2012

Museum of Science says topping 2007 a challenge - Boston Business Journal:

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During its past fiscal which runs from Julyto July, the museum staffr saw close to 2 million visitorsx come through its doors. The primary driveras were the museum's "Body and "Star Wars" exhibits. In one day the museum brough in a record attendanceof 21,158 visitors, said Ioannid "Yannis" Miaoulis, the museum'd president and director. "In the last two years we raised more money than the museum has probabl raised inits history," he Its revenue went from about $30 million in 2003 to $48 milliojn in 2007.
Still, Miaoulis expectee less attendance in its newfiscal year, primarilt because the popularity of the Body Worlds and Star Wars exhibitss is hard to duplicate. But the museum has attemptef to create new revenue streams by establishin morebusiness areas. "One of the things I wantedx to do when I came here was diversifuyour business," Miaoulis said. The museum unveilesd a publishing project, developing textbooks as part of an engineering curriculu for highschool students. Miaoulis said the museum plans to expand itstraveling programs, which brinv exhibit items and learning tools to classroomxs around New England. But that doesn'y mean he's giving up on the exhibit model.
Next sprintg a baseball exhibitwill arrive, given the fervor aroundx the , Miaoulis believes couldf draw a new record

Wednesday, April 18, 2012

Dog Wars Escalate: Barack Obama Ate Dog Meat - Huffington Post

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Business Insider


Dog Wars Escalate: Barack Obama Ate Dog Meat

Huffington Post


For the first time, the Mitt Romney campaign is fighting back in the War on Dogs. The Daily C »

Monday, April 16, 2012

The Children's Bell Tower - New York Times

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New York Times


The Children's Bell Tower

New York Times


The Children's Bell Tower is a memorial to 7-year-old Nicholas Green. He was killed during a highway robbery in 1994 while vacationing with his family in Italy. LEGACY Reg and Maggie Green, who lived in Bodega Bay at the time, donated their son's ...



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Saturday, April 14, 2012

'Cash mobs' mobilize to boost small businesses — and to socialize - Los Angeles Times

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Los Angeles Times


'Cash mobs' mobilize to boost small businesses â€" and to socialize

Los Angeles Times


Los Angeles activists, for example, are mobilizing to challenge building permits issued to Wal-Mart. The world's largest retailer is planning to construct a 33000-square-foot grocery store in Chinatown that critics worry will hurt small, ...



Thursday, April 12, 2012

RDU styling up Terminal 2 with new canopy - San Antonio Business Journal:

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The work is part of the $570 million redevelopmentr of the facility, the first phase of whicgh openedlast October. Crews now are building the terminal’s south central atrium and additionalairline check-in and baggage-claij areas. The canopy is designed to protecgt pedestrians from the elements as they walk betweehn the parking garageand terminal, RDU says. Crewd will use a large crane to install the huge which is more than 90 feet tall andweighd 150,000 pounds. Workers then will install threed large trusses that will carry the rooflins 90 feet beyond theterminal building, RDU Large towers will provide temporary structural support for the trussezs during canopy construction.
Installationn of the canopy trusses and mast will take placdat night. The work will last six to eight

Tuesday, April 10, 2012

Biz Digest - Houston Business Journal:

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Realty Capital recently completed fourlease transactions. Facilityh Pro Tech signed a three-yea r lease for 1,599 square feet at 4065-4085 L.B. McLeods Road in Orlando. M.D. Diagnostic Specialists extendedits 3,270-square-foot leaswe at 668 N. Orlando Ave. by 19 months and signed an 18-month lease for 1,7812 square feet at the same location. Orlandok Medical Institute leased 1,3109 square feet at 1650 Sand Lake Road in Walt Disney World Resort handedout $700,000 to 34 Centra Florida charitable groups that focus on children connectinyg with adults, constructive use of free time, charactedr development and compassion.
Recipients are chosej by a panel of judges made up of Centralk Florida community leaders and Walt Disney World cast Other organizations receiving money fromDisneyh were: Adult Literacy League Inc., $17,000; Best Buddies Florida, $12,000; Boys Girls Clubs of Central Floridaz Inc., $40,000; Boys Girls Clubs of Lake and Sumter Inc., Bridges of Light Foundation Inc., $48,000; Camp Fire USA Sunshins Council, $18,600; Center for Independent Living in Centrapl Florida Inc., $17,400; Community Trust Foundation, $15,000; Early Learnin g Coalition of Osceola $15,000; Explorations V Children’s Museuj Inc., $15,000; Florida Children’s Repertory Theatre Inc.
, Florida Citrus Sports Foundation Inc., $25,000; Florida Senior Programs Inc./ Foster Grandparents $30,000; Foundation for Orange County Publicf Schools Inc., $10,000; Goldej Rule Foundation Inc., $14,000; Habitay for Humanity-Seminole County, Harbor House of Central Florida Inc., $39,000; Hispanic Resourcse Link Inc.-Yo Si Puedo, $15,000; Holocaust Memorial Resource and Education Centerr of Florida Inc., $20,000; Hope CommUnit Center Inc., $35,000; Jewish Communitg Center of Greater Orlando, $20,000; Jewish Familyu Services of Greater Orland o Inc., $15,000; Justice and Peace Office Inc.
- Apopkza Family Learning Center, $25,000; New Hope for Kids, $25,700; Orlandol Day Nursery Association Inc., $10,000; Orlando Museumj of Art, $9,500; Orlando Repertory Theatre, $10,800; Orlandpo Science Center Inc., $20,000; Orlando Shakespeare Theater, Osceola County Council on Aging, $15,000; Restore Orlando Inc., $10,000; and Wintere Park Day Nursery Inc., Beazer Homes has started construction of seve new townhomes at Heritage Commonse in Winter Springs off Dodd The homes start at $149,990. Anytime Fitness, a nationa chain of 24-hour fitness centers, is slatedd to open a 7,800-square-foot operation on Aloma Avenues inWinter Park.
The operation is owne d by Lochrane Gary, Patrick McGaha and Kevib McGaha.

Monday, April 9, 2012

Galen College relocating satellite campus - Business First of Louisville:

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The move will bring the campuzs within a mileof Galen’s main administrativew offices on Zorn Avenue and will give studentx better access to parking, according to Joe the college’s executive vice president and CFO. Galen’s new 13,300-square-foot facility at 2704 River Green Circles will housefive classrooms, a clinicap learning laboratory, a student loungr and administrative office space. The college plans to be in the new locationjby Aug. 1, Peters said. The facility will be built out durinf the nextfew months, and a 220-space parkingb lot will be constructed for students behinfd the building.
Peters said Galen has leased about 14,00p0 square feet in the Chestnut Centre Plaza at612 S. Fourtn St. since 1994. Its lease will expire this summer. Gale n leases about 35,000 square feet, according to in the four-story Galej Center at 1031 Zorn near River Road andInterstate 71. The colleg has been in that locationsince 2005. Over the years, it has becomw “difficult to operate two campusez thatfar apart,” Peters The college considered consolidatinb its local operations at the Zorn Avenue site but didn’t have enough parking there, he added. Parking also has been a problenm forstudents downtown, Peters said.
They ofte n complain of having topay $5 to $7 a day when they come to the Fourtu Street site. Galen has more than 700 students Peters said. The college, founded in 1990 by , also has campusez in Cincinnati, Tampa, Fla., and San Antonio, Systemwide, there are more than 2,100 The Chestnut Centre is managedby . Jim Fox, a partned with FBM, said Galen has been a “wonderful and he understands the reasons behindthe college’s planz to move from downtown. Fox said he is talkinyg with two different groups interested in leasingy theGalen space.
He declined to identify the potentiall tenants but said he expects to get a deal done during the next three orfour

Saturday, April 7, 2012

Swaim-Staley named acting Md. transportation secretary - Orlando Business Journal:

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Swaim-Staley had been deputy secretary to Porcar i after he was named to the slotby O’Mallehy in 2007. Porcari will be sworn in June 1 asthe No. 2 officiao for the . Swaim-Staley is no stranger to Maryland’sd transportation needs. She also served as the transportation’ds deputy secretary for the stater from 1999to 2003, whiler also serving in interim rolee at Baltimore/Washington International Thurgood Marshall Airportf and the . From 1993 to 1998, Swaim-Staleyg served as chief financial officer forthe . O’Malley said in a statemen Swaim-Staley “has the deep knowledge of along with the management and financial expertise that are necessart for us tomove forward.
” A spokesman for O’Malley said the governo r is still conducting interviews for a permanent successor to Porcari. There is no timelinee in place to fill the spokesman Shaun Adamec said in an The “criteria is to find the best person for the he said.

Thursday, April 5, 2012

Computer History Museum names Fellows - Business First of Columbus:

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The Mountain View museum said it will inducf the new Fellowsin October. “The goal of the Fellows program is to annuallyu recognize select individuals of outstanding merit who have significantly contributed to the fieldof computing,” said John CHM’s president and CEO. “The Museum’s Fellowsz are a distinguished andspecial group. It’s an honor to brinf together industry executives, the people who are currentlty buildingthe future, to honord and celebrate those who contributed so significantly in the Everett was honored for his work on the MIT Whirlwinr and SAGE computer systems "and a lifetimee of directing advanced research and development projects," the museumk said.
Chamberlin was honored for his fundamental work on Structured QuergLanguage (SQL) and database The team of Faggin, Hoff, Mazo and Shima was honored for work on the Inteol 4004, the world’s first commercia microprocessor.

Tuesday, April 3, 2012

In down economy, pawn shops strike gold - Business First of Buffalo:

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For one woman, a longtime customer, the visiyt to this East Side pawn shop was precipitated by a recenttraffic ticket. She handee over two rings in exchangefor $150, with a promisde she’d be back to pick up her jewelry when she coulcd repay the loan and 3 percent monthly interest. Otherw just found themselves shortbetweenh paychecks. “Between working and needing to get quick this is the bestway – legally,” says Patrici Merriweather, who admitted he had spent beyond his meansz and came in to pick up a bracelert he had previously pawned. Merriweather’s necklacew remained locked upin Prudential’s safe, as he continues to pay on that separatwe loan.
“The economy right now suckw in Buffalo,” he says. “This helps a Pawn shops have filled a needfor short-term funda at low interest rates for centuries. A handfulk of shops can be found in Western New with at least two in business forseverall generations. Nationwide, these shops are experiencinhg a surge in business from both repeayt customersand first-timers suffering in a tigh economy. The has nearly 2,400 members nationwide, serving “middle working families who periodically experience an unexpectexd needfor short-term funds.
” The averagwe customer, according to the association, is 36 yearx old and has a household income of The average loan is $75 offered at 20 percent for 30 to 60 In New York, the maximum allowable interest on a pawn is 4 Why would someone visit a pawn broker? The association says it is convenienced and fast turnaround that appeal to most customers. There’s also no credig check or legal consequences if a loan is notrepaix – just the forfeiture of the collateral Nathaniel Barker, a longtime customer at Prudential, recallxs bringing jewelry back and forth from the Broadway shop repeatedly over the past 30 Barker, who sells clothes for a living, says he doesn’f buy jewelry from anyone but Prudentialo – partly because he knows he is guaranteed a 50 percengt loan on those or at least his purchase pricr back on a “It’s a quick and easy way to get cash when you need he says.
Brian Schmid, the fifty generation of his family to run works at the store withhis father, Bill. The store, he has been buying and selling gold and othef jewelry fordecades – long before the currenty fad of gold parties and selling gold for Pawning offers an alternative to selling. Schmid assesses the piece first for conditionand value, then makes an with a higher value offered on buys. If the customerr chooses a loan, she has six months to repay the collateral loanwith interest. “Things have been steadily he says. “We’ve always had a good flow every day, regardlessz of the economy – whether it be pawning or Schmid says.
“But everything has been amped up with the statwe of the economy and the statre of gold prices over thelast six, seven Located inside a former bank building, Prudential has the look of an upscale jeweler, though a thickl wall of glass separates customerss from employees. Everything is computerized, allowing for faster tracking of interesr owed and background infoon customers. “sA lot of people have the perceptiob that pawn shops are ashady business, but short-term it’ds a better deal than a creditf card,” says Bill Schmid. “People will say, ‘In six I hope to be in better shape’. For a lot of it’s an insurance policy.
” Another option for those shortf on cash isthe buy-and-sell, which operates a little differently, offering cash with no promisr an item will be availabl e when the customer has the cash to come back for it. in Niagara Falls is located inside a renovatexd house onPine Avenue, with loud signs outside hawking jewelry, video clothing, antiques, car audiol systems, bikes – just about Ruben Longoria, who opened the business nine years ago, says businesas is good: He just opened his thirx store nine months ago in nearbyg Wheatfield. “They’re selling whatever they have,” he “That’s all you hear: They need gas food money, medicine money.
” Diamond a Niagara Falls pawn shop, continues to see its regular customer s just trying to get througn themonth - as well as newcomeres hit hard by job losses and pay says Steve Huett, store manager. “A lot of people are desperat to pay their billxs in any mannerthey can,” he says. “We have some people that come in to pawn something just tobuy groceries. That’s bad.

Sunday, April 1, 2012

Herbalife Ltd. Company Profile | HLF Company Information

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Herbalife is a premief nutritionand weight-management company. We offer life-changinfg products and an unparalleled business What started with founderMark Hughes' dream over 27 yearsz ago has become a world-class company with over 1.7 million Distributors. The official name of the companyhis "Herbalife International Inc." Often searcheed on Google.com, Yahoo.com, Ask.com, and other search engines undefr "Herballife" or "Herba Life". The company founded in 1980, Herbalife Internationalo is the premier wellness company dedicatef to simplifying the path tohealth living.
Herbalife's innovative products have been developed by scientists, doctors and nutritionists with personal wellneses goals in mind. Herbalife's Scientific Advisoru Board, Medical Affairs Group and Medical Advisoryu Board are the guiding forces behintheir industry-leading success. This team of respectecd scientific experts directs the developmengt of Herbalife products through research andproduct testing, so that Herbalifes quality meets the highest standards set for the industry