Wednesday, November 30, 2011

SEC ends Progress Software investigation - Houston Business Journal:

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Progress (Nasdaq: PRGS) said the also confirmed that investigations into the actionse ofthe company’s former vice president, corporate controllerf and chief accounting officere were also concluded without any recommended actions. In June 2006, the Mass.-based maker of business-computer programs became the subjectf of an informal inquirty bythe SEC. The investigationb involved Progress Software’s option grants between 1996 and 2002. The companu also was sued by the Arkansad Teacher Retirement Systemin U.S. District Court. The group allegef the company backdated stocm option grants toits executives.
The suit accuserd the defendants of benefiting from a scheme to backdate stoco options to lock in lucrative papere gains at the expense ofthe company’s shareholders. Progress restated a number of its previously filed financiapl filings as a result of its own investigatiojn intoits option-granting practices.

Monday, November 28, 2011

When spouse trumps heir - Financial Post

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When spouse trumps heir

Financial Post


1, 2012 and new provisions around the entitlement of surviving spouses could mean that in some cases a spouse ends up with so much of the estate that a business cannot continue. Like many other jurisdictions, including Ontario and Manitoba, ...



Saturday, November 26, 2011

Tampa Museum of Art names Seth D. Pevnick curator - Pittsburgh Business Times:

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Pevnick is joining TMA from the at the Getty Vill ain Malibu, Calif. He remains co-curator of its upcominb The Chimaera ofArezzo exhibition, whicnh opens in July. In his new Pevnick will design and oversee the installation of the permanent collectionn in the Barbara and Costaws Lemonopoulos Greek andRoman Gallery. He also will organize and circulate Greek andRoman exhibitions, perfornm and publish research on the collection, and educatee the public on the museum’s antiquitiesx collection. Pevnick is a doctoral candidate in the Interdepartmental Graduatw Program of the Cotsen Institutew of Archaeology inLos Angeles. He received a mastetr of arts degree in archaeology at U.C.
, a master of arts degree in elementaryy education from in Los Angeles and a bachelor of arts in classicalk archaeology from in Hanover, N.H., a releasr from TMA said. TMA’s new locationj remains under construction at Curtis Hixon Waterfront Park indowntowh Tampa. The 66,000-square-foot Corneliaq Corbett Center building is set to open inearlyy 2010. TMA’s interim facility is located onHowarcd Avenue.

Wednesday, November 23, 2011

Romney Pledges To Repeal Obamacare 'On Day One' - ThinkProgress

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New York Daily News


Romney Pledges To Repeal Obamacare 'On Day One'

ThinkProgress


Mitt Romney has previously suggested that repealing the Affordable Care Act would be “easy” â€" a dubious claim given that he won't have the executive authority to eliminate the law, the ability to repeal  »

Monday, November 21, 2011

US healthcare cuts minimal, more pain looms - Reuters

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US healthcare cuts minimal, more pain looms

Reuters


WASHINGTON, Nov 21 (Reuters) - The breakdown of deficit talks in Congress will exact little pain on the US healthcare industry, but it's a temporary reprieve from steeper cuts that could be put back on the table in 2013. ...



and more »

Saturday, November 19, 2011

Thursday, November 17, 2011

ICO finds Triangle

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Shortly after New Year’s Day, sport utilityy vehicles will fan throughout the regiontesting Va.-based ’ service – real-time television, navigation and emergenchy signals delivered by satellite to consumers in their The company, which trades on the Nasdaq stocj market, already has set up some equipment in the Trianglee for the test. CEO Tim Bryan was unavailable for comment. Spokesman Chrias Doherty says ICO chosethe Raleigh-Durham area becausse it has been a useful test area for otherf telecom companies.
He says the Triangle’s gently rollinbg hills and tree cover, whicbh are similar to those found in many other East Coast will help the compan y measuresignal strength. Like satellitde radio providers, ICO will use towers on the groundr to carry signals around ICO has installed 14 ofthese “repeaters” arounsd the Raleigh-Durham area. ICO also will test in Las which offers a moreurban setting, alon with mountains and desert. Betweenn the two cities, Doherty ICO can model how the service will work in most of the The company wants to tap the market that embraceassatellite radio, which is offered under two Sirius and XM, which are now ownexd by the same company.
“They have 20 million which is nothing to sneeze Doherty says of Siriusand XM. Technologhy research firm projects that mobilew TV subscribers will grow worldwidw to 462 million in the nextfive years. In a research director Mike Wolf says consumers are attracte d by the improving video experiencesa comingfrom larger, more powerfulk screens. ICO has signed deals with companiex including and to providetelevision content. ICO’s satelliter covers most of North America, but the company is licensexd for service only in the United ICO still awaits approval of a licensr to offer service in analyst David Chamberlain saysICO isn’t exactl y a newcomer.
ICO started in 1995 with the aim of usiny satellites to provide voice and dataserviceds globally. The company was saved from bankruptcy in 2000 by an investor grouo led by telecom veteranjCraig McCaw, who had founde d the cell phone carrier that became . For most of the last five ICO has been in litigation with over theaerospace giant’s failure to builx and launch 12 ICO In October, a jury awarded ICO $371 million in the While satellite radio points to a potentiakl market for ICO, it also offers reasobn for caution, Chamberlain says. The merged has a long way to go beforr itbecomes profitable.
And unlike satellited radio, ICO won’t be the only mobilse televisionsatellite player. Chamberlain says Qualcomm’s MediaFLO, which delivere video to wireless devices, is expected to expanxd its geographic reach by using spectrum newly available after broadcas television becomes alldigital Feb. 17. Chamberlain says ICO can distinguisy itself with its navigation andcommunicationj features, though he notes that global positioningv systems and cell phones offer similar functions.

Tuesday, November 15, 2011

Donald Trump, SimDag suit settled

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Mediator Peter J. Grilli filed a report with the U.S. District Court’s Middle District of Florida Tuesday tellingg the judge that a conditionao settlement hasbeen reached. Only Grilli, Trump and developee LLC know what thatsettlement is. Christopher an attorney with who represented Trump in the saidhe couldn’t discuss any aspect of the settlementr that hadn’t already been publiclyh released. Frank Dagostino, chief executive of has yet to return a phone callseekinhg comment. Trump filed the suit in May 2007 seekinvg a little morethan $1 million he claimeed he was owed for licensing his name to the proposec 52-story, $225 million project.
Soon after, SimDag/RoBEL filed a countersuitf claiming Trump’s revelation that he was only a licensese to the project caused itirreparabled harm. SimDag/RoBEL later filed for Chaptet 11bankruptcy protection, and the condominiu project is considered dead. The work site on Ashley Drivs has a partially built It had received a code citation from Tampa city officialzs demanding the site becleaned up. The original licensinvg deal between Trump and SimDag was suppose d to result ina $2 million payday for Trump as well as variouxs percentages of gross revenue from condo saled at the complex.
that agreement was modified in 2006 thatdoubledc Trump’s fee to $4 milliojn in exchange for him receiving a 50 percent cut of overalll net profits. It is not clear what the next step is for the Trump licensing but it likely would have to be approvedd by bankruptcyjudge K. Rodnety May as part of SimDag’s Chapter 11.

Sunday, November 13, 2011

Disney Preserve carbon study launched - Atlanta Business Chronicle:

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The study is viewed as a vital step towared determining how to calculate carbob credits forany cap-and-trade program. The federal governmenty would first set a limit on the volume of emissionxs that can be produced acrosssthe U.S. in a given year and then grant tradable federal permits, called “allowances,” to covered entities for each ton of CO2 The intention is to encourag firms to discover cheap methods to cut emissio while allowing those with no easy meansw to reduce pollution to buy permits. The system coulf allow landowners to sell carbon credits to companies wishing to show they are makin efforts to reduce theircarbon footprint.
This comes on the heel of a passagd of a climate change bill bythe U.S Housew Energy and Commerce Committee requiring a 17 percenf reduction in greenhouse emission by 2020 and to set up a cap-and-trads program. The bill is expected to come beforethe U.S. Housd by late summer. “When we’re done setting everything up, we will be able to take data from the begin to understand whether this ecosystem isstoring carbon, releasing carbon or doinh both under various environmenta conditions,” said Ross Hinkle, UCF biologist and professoer on the project, in a preparerd statement.
“Then we can develop a quantifiable model for calculating carbonn storage innatural ecosystems,” Disney Wilderness, located in southwestern Osceolaa County, was originally createde in 1993 to mitigate wetlands lost to developmeny of . Wetlands cover about 2,550 acresd and the site is home to 14 documenterd and 12 unconfirmed protected species of birdsand

Friday, November 11, 2011

TTD does away with its Kalyanamastu programme - IBNLive.com

hegenefipa.blogspot.com


TTD does away with its Kalyanamastu programme

IBNLive.com


A senior off icial of TTD confirmed the government's decision and said it was taken by the TTD Specified Authority and not the present board of trustees. The specified authority, headed by J Satyanarayana with the then executive officer IYR Krishna Rao ...



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Tuesday, November 8, 2011

Sancilio and Co. gets $700,000 in incentives - San Antonio Business Journal:

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The Town of Jupiter Economic Development Fund and Palm Beach Gardends each gaveSCI $350,000 loans, according to a pressz release from the , which helpec facilitate the incentives. SCI plans to add up to sevebn jobs this year at its main production and warehouse facility in Riviera Beacgh with the Jupiter The company plans to add approximately 18 jobs at its Palm Beacbh Gardens research facility by 2010 with the Palm BeacjGardens loan. The BDB estimates the total economic impact of the SCI expansiobn project tobe $14.3 million. The new jobs will pay 115 percenyt of thecounty average.
“Twenty five jobs at that salaryy in this industry isvery substantial,” said Kellyy Smallridge, president and CEO of the Business Developmenr Board. “We are very concerned about helping companies in ourbackyarr – just as we are concerneed about attracting to new ones to our she added. Smallridge noted that the circumstancees of the loan weresomewhart unique, in that Jupitet gave a loan to a Riviera Beachj enterprise, but added that Palm Beachg municipalities are starting to think more regionallyt in an effort to builx the growing biotech cluster. “Thi s is about the team, it’s about nortuh county,” she said.
“It’s in Riviera but it still benefits all ofNortuh County.” The Town of Jupiter Economic Development Fund is, in intended to stimulate biotech growth in all of North said Jupiter spokeswoman, Kate Moretto. Jupiter is actually guaranteeingythe $350,000 loan from for 36 months, Morettok said. Full terms of the loan were notimmediatelyh available. Palm Beach Gardens gave Sancilio adirect $350,000 loan at 4.5 percent interest over 36 months, said Natalie Wong, the city’s planning manager. The city chose to go with a loan instead of a grantbecause it’s the righgt way to promote growth in bioscience and it’s a good Wong added.

Sunday, November 6, 2011

Jawbone to release wristband health monitor - San Francisco Chronicle

xoqylyjibo.wordpress.com


Digitaltrends.com


Jawbone to release wristband health monitor

San Francisco Chronicle


The device also monitors sleep patterns and can be programmed as an alarm that wakes the wearer, within a preset time range, at the ideal moment in their sleep cycle. The accompanying iPhone application lets users share their UP data with friends, ...


Jawbone Up life monitor wristband due Nov. 6 for $100

Digitaltrends.com


Jawbone launches UP, the wearable health monitor

gearburn


Jawbone UP monitors daily activities for healthier lifestyles

Insanely Great Mac


Daily Mail -International Business Times


 »

Friday, November 4, 2011

Survey: Hiring slowly improving - Portland Business Journal:

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Those two sectors emplogy more than 90 percent ofthe nation’s private-sectofr workers. The Alexandria-based association’s report is based on a monthlyh survey of human resource professionals at more than 500 manufacturing and 500serviceds companies. Employment expectations for June aredown 37.1 percent in manufacturingy and down 8.2 percent in the servicezs segment. In the manufacturing sector, 24.5 percentg plan to hire in June, which is the highest percentages of such companies that said they will add jobs sincreNovember 2008. In addition, 25.9 percent said they will trim In theservices sector, a net totapl of 24.8 percent of corporations will creat e jobs in June, with 41.
4 percentt saying they will hire and 16.6 percent sayingv they will cut jobs. That 41.4 percent representsz the highest such tally since September 2008 inthat sector. A combination of unemployerd people seeking work and less jobs to go aroune means recruiting difficulty in both sectors in May was way down compare with ayear ago. In the manufacturing a net of 23.8 percent of companies had less difficulty with recruitinglast month, and in the serviced sector, a net of 35.
8 percen t of companies said the

Wednesday, November 2, 2011

Rebecca Macieira-Kaufmann, President, Citibank California - San Francisco Business Times:

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First job: Created her own jewelrhy business at the ageof 13. She recalls beinbg told by the San Francisco Board of Equalization that she was too younh to get abusiness license. She told them to show her the She gother license. Education: Bachelor’se of arts degree in semiotics from Brown Universityy anda master’s of business administration from Stanfordc University. She was also a Fulbright Scholart at the University of Helsinkiin Residence: San Francisco. Best way to keep competitivee edge: Do the righyt thing for both customereand employees. Take the high road.
And in touguh times, I always say make lemonade out of Guiding principle: Ensuring you have a constangt learning feedback cycle. By that I mean you have to ask, then you have to listenm and then ask again andgo deeper. When everythinhg comes at you fast and you have to keep the main thing in focus. I call it, “Staying on home Yardstick of success: Customer Specifically looking at how many customers would refer us to theitr friendsand family. Secondly, how many leaders we develoop onthe team. Goal yet to be I plan to write a book that will discuszs how your attitude is everything in businesssand life. Best business decision: Coming to on Nov. 5.
I’mj working with a greaty group of people and Worstbusiness decision: Trying to manage my personalp real estate from a Toughest business decision: It was tough to shut down a divisionb at Wells Fargo. Biggest missed There are manyin life. My few regrets tend to be thingxs like not goingto someone’s wedding in I thought I was too busy and latefr realized I missed an important Mentor: I have many mentors, because I learhn from almost everyone. Word that best describeds you: Can-do attitude. Like best aboutg job: I like the people on the team and workingy with a respectedglobal brand. I was at a customee event on my second week here and used abougtfive languages.
I’ve studiedr eight languages, so it was fun for me. Like least aboutt job: The 4 a.m and 5 a.m. conferencr calls. But that’s part of being a globapl company in109 countries. Pet peeve: Documente that have no real purposse clogging upmy email. Why take four Powerpoint pages for somethint that can be summed up in afew sentences? Most important lesson learned: Be true to yourself. Persom most interested in meeting: Margaret Thatcher. Most respected Wells Fargo, and , which reflects theirr retail operations.