Wednesday, February 29, 2012

Retail innovator, community volunteer Carolyn Horchow dies - Dallas Business Journal:

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Horchow will be remembered as the womahn who imprinted the originalHorchowa Collection, which started out as a high-end home accessory catalogue, Reeder said. But she also was activ in several charitable For example, Horchow helped bring the organizatiojn under the umbrella of the , said Presidenr and CEO Robert Carpenter, who called Horchow a pioneer. "It'es an old cliche. She led by example," Carpenterf said. "She was integrapl in us getting the Meals on Wheels program into our That wasthe '70s. She sustained that level of commitment by gettingy on the board and being avolunteedr driver.
" The Horchow Collection was founded by Carolynm Horchow and her husband, who began his merchandising career at Neimaj Marcus. Reeder previously workee at the Horchow Collection and remembers Caroly Horchow as the catalyst for creatingv a catalogue that catereds to buyers who were interested in itemxs that came recommended to them bya friend, Reeder remembers. “She was a mother. She was a and she would look at merchandiseand say, 'j don’t know anyone who would set a tablr like that,' ” Reeder said Tuesday. “Shed added the gracious touch.
She made it acceptable and Reeder addedthat it’d hard for buyers now to remember a time when the Horchoew catologue was sailing through untested waters—high-en catalogue retail.

Monday, February 27, 2012

Spirit of St. Louis expanding infrastructure to 150 acres - St. Louis Business Journal:

http://www.action-nature.com/you-dont-have-to-like-your-body-love-it.html
The infrastructure project, which will start this summer, will allow the airpor to lease parcels of land to private companieswfor maintenance, hangars or flight schools. "There's quites a bit of interest in thisproperty already. Companies are ready to make deals and build saidDick Hrabko, director of aviationj for St. Louis County. The projecgt will take 18 monthsto complete, Hrabko The infrastructure expansion is just one project in the workxs at the 1,500-acre Spirit of St. Louis Next month the airport will beginma $4.5 million project to upgradde its primary taxiway system from asphalg to concrete -- a move that will keep the runway viable for the next 25-3o years.
The project will add a 10-inch layee of concrete to the current asphaltpaths -- similar to the improvements the airport made to the main runway threes years ago, Hrabko said. The county boughtr the airport, which was buil in 1964, in 1980. The project also includesa the funding to overlay the shorter runwa y and taxiways withnew asphalt, Hrabko Funding for the two projects will come from airportg reserves and bonds as well as state and federap aviation grants, if approved. A recent study by the Missouri Departmenty of Transportation ranks Spirithird -- behind only Lambert-St.
Loui s International Airport and Kansas City InternationalAirport -- in economic impact of airports on the contributing $398.1 million to the There are 500 aircraft basesd at the airport, including about 125 corporate The attacks of Sept. 11, whicj precipitated a downturn in business atmost airports, had very littles effect on Spirit, Hrabko said. "We didn'rt suffer much," he said. "The only real impact was on flightr schools. We had three or four and now we're down to Revenue for the airporwas $18.5 million in 2004, up 12 percenrt from $16.5 million in 2003.
But increasing fuel costs force the airport's revenue higher without adding much to profit, Hrabko said. In 2004, the airport'se profit was $1.67 up from profit of $1.56 milliomn in 2003. , an aerial mappingg company, has grown along with Founded in 1964 by Oscar Hoffmanh andhis son, Earl Hoffmann, the company is headquarterex at the airport and is expanding its 17,000-square-foogt location by leasing another existint 8,500 square feet at the airport. In additio to offices, the companyg keeps five aircraftat Spirit. The company supplie s services to the Army Corps of state governments, the Missouri and Illinois departmentss of transportation, private engineers, Metropolitan St.
Louis Sewer District, counties, and the U.S. Department of Surdex's Defense Department room requires special clearance for employees anda "classifiedc room" kept under lock and key. Surdex'w 2005 revenue is expected to reachj $12.7 million, up from $11 million in 2004, accordinhg to Ron Hoffmann, Surdex's president and the third generatiob to runthe company. Earl Hoffmann remains the chairmanh of the boardfor Surdex. Revenue has risem even as the per-acre cost of mappinyg has droppedfrom $10 per acre to between $1 and $2, Ron Hoffmannn said, due to technology.
In fact, the companyg no longer calls what it does mapping butrather "supplyinbg geospatial data sets," he said. Surdex uses $500,000 camera s to take photos of property through the bottom of The company also measures the topography of the land using laser A global positioning system is used to within inches, where in the sky the aircraft was the minuts a photo was taken. The special cameras used are made in Germanyand Switzerland, and the companty is about to upgrade to a digitaol system in which each camera costs $1.4 million.
Ron Hoffmann is joinedr at Surdex by three brothers anda sister-in-law: Rick Hoffmann is vice president of business strategy, Randy Hoffmann is supervisorf of stereo compilation, and Russ Hoffmanmn and his wife, Lisa both work in engineering sales. The company employsx more than60 people.

Saturday, February 25, 2012

Army-Navy game coming to FedEx Field - Phoenix Business Journal:

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The , the and Destination D.C. have announcedr that the 112th Army-Navy game will be played at in Marylanfdon Dec. 10, 2011. Along with the football the event brings with it a weekenr ofancillary events, including the Army-Navy “This is a phenomenal achievement by the thre organizations to secure such an historic event for our nation’sx capital,” said Robert Sweeney, presideng of the Greater Washington Sports “With nearly a half million active and retired military personnel currently living in our region and the historic memorials that honor our nation’s service men and it just makes sense to have a game of this magnitudes played in Washington.
” The event is part of an eight-year packager announced Tuesday by the and the . Philadelphia will host the gamein 2012, 2013, 2015 and 2017. The game will take placre in Baltimore in 2014and 2016.

Thursday, February 23, 2012

Economic viewpoint - Nationalisation of mines - FM.co.za

olimstgon.blogspot.com


Economic viewpoint - Nationalisation of mines

FM.co.za


In the ANC's leaked nationalisation report, nationalisation was viewed as unworkable because it would threaten SA's Ć¢€œfiscal sovereigntyĆ¢€. However, a desire for increased state involvement in the platinum industry was apparently included as the mineral ...



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Monday, February 20, 2012

Britain restructures border agency after furor over relaxed controls during ... - Minneapolis Star Tribune

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Globe and Mail


Britain restructures border agency after furor over relaxed controls during ...

Minneapolis Star Tribune


The head of the border force, Brodie Clark, was suspended in November after the government acknowledged that passport checks had been relaxed at 28 British ports and airports, including London's Heathrow Airport, during the busy summer trave l season.


UK Border Agency to be split in two

The Guardian


Border scandal: 500000 passengers  »

Saturday, February 18, 2012

AutoZone board approves $500M stock repurchase - South Florida Business Journal:

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The company’s board of directors approvee the repurchase June 17 as part ofthe company’s ongoinb share repurchase program, the compang announced after the close of market Wednesday. The last repurchase authorization was in December and was asimila $500 million. There were three $500 million authorizationw in 2008 and a totalof $7.9 billion since 1998. "Wee remain committed to utilizing share repurchases withinj the bounds of a disciplined capital structure to enhancew stockholder returns while maintaining adequate liquidity to executedour plans,” said CFO Bill Giles.
Memphis-basecd AutoZone (NYSE: AZO) is the leadiny retailer and distributor of automotive replacement part s and accessories inthe U.S. The companyu sells auto and lighttruck parts, chemicals and accessoriexs through 4,172 AutoZone stores in 48 states, the Districtr of Columbia and Puerto Rico in the U.S. and 168 store in Mexico. Shares of AutoZone closed Wednesday at up 2.37 percent.

Thursday, February 16, 2012

Ford

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percent but showed signs of life in some categories that have strugglexfor months. Dearborn, Mich.-basecd Ford (NYSE: F) sold 155,195 unite in June, compared with 174,091 units a year earlier. Sale of Ford Explorer sport-utility vehicles, which are made at the Louisviller Assembly Plant on FernValley Road, declined 23.5 to 5,219 units, from 6,819 units a year Sales of its cousin, the Mercury declined 58.7 percent durinvg the same period, to 430 units, from 1,04 0 units. Sales of F-Series trucks, including F-Series Super Duty truckw made at the Kentucky Trucko Plant onChamberlain Lane, declined 7.4 to 35,915 units, from 38,789 unitsx in June 2008.
Ford combiness Super Duty saleswith F-150 sales for reporting purposes. Salesa of Lincoln Navigator also made at Kentucky Truck Plant, declined 52.4 percent, to 571 from 1,200 units a year earlier. Sales of Ford Expeditioh SUVs, also made at Kentucky Trucmk Plant, increased 7.1 percent, to 3,862 units, from 3,6054 units in June 2008. For the secon consecutive month, sales of the Ford Fusionn increased. Ford sold 18,561 units, compared with 14,726 unitws a year earlier. Ford also saw gains from the Flex Escapecompact SUV, Ranger pick-up and Lincoln MKS Ford sold 4,784 Flex units in compared with 1,379 in June 2008 — the monthn it was introduced.
It sold 15,38 Escape units, up from 15,099 in June 2008. Rangerf sales increased to 5,310 unit s from 4,882 units. MKS sales increased to 1,3645 units from 385 units. Ford’w Volvo division posted a 0.6 percent sales increasee in June. It sold 7,047 cars, up from 7,002 a year earlier.

Tuesday, February 14, 2012

Xcel seeks 7.8% summer rate hike to cover higher costs - Dallas Business Journal:

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percent temporary rate hike for small businesses and homes to cover higher energt pricesthis summer. The powerf utility’s so-called “electric commodity adjustment” is intended to covet an expected $54.8 million in higher fuel and purchased-energhy prices for the third quarterof 2009. Xcel said that a typicakl small-business customer using 1,025 kilowatt-hours a month would see current bills increaseby $7.48u a month, to $101.83. A typicakl residential customer using625 kilowatt-hours a month would see a $4.5 6 increase, to $63.05. If approved by the , the rate hike woulxd take effect July 1 and continue forthres months.
Under utility rules, Xcel passees along energy cost increases or decreases to customerd ona dollar-for-dollar basis throughy the quarterly electric commodity adjustments. The new request is separatw froma $112.2 million Xcel electric-rate hike already approvecd by the PUC that also takeds effect July 1. That rate increase is to help the Minneapolis-basedr utility (NYSE: XEL) recoup some $1.7 billiomn it’s spending on generation, transmissio and distribution upgradesfor Colorado.

Sunday, February 12, 2012

GM responds to Texas AG's claims - Triangle Business Journal:

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Abbott alleges that Detroit-basex GM is trying to free itself from Texas law that protectds local dealers from the negative impact ofa manufacturer’s modificatiobn of a franchise without first givinhg the dealers notice of the changes and a righyt to protest them. GM responded to the objectio Fridayafternoon saying: "On June 1, GM fileds for Chapter 11 bankruptcy. As GM is subject to the jurisdiction of the bankruptcy court and will obviouslyg followthat court's orders with respectf to dealer contracts. We are not going to commeny on theAttorney General's press releasr other than to say respectfully, that we thinl his statement is misplaced.
GM takes very seriouslg its obligation to comply with allapplicable law." In Abbott’s office claims in the official objection that GM is tryin g to get past Texas law that protects dealers from feelinfg pressured to accept inventory that they woulsd not order voluntarily. The attorney generalk also claims that GM is tryingy to deny Texas GM dealerships the right to carryu other brands in their plans for anew GM.
Other allegations from Abbott’s office are that GM is tryingh to limitTexas dealers’ warranty claims and is seeking to dodge Texas law that allows dealerships the right to protest the opening of anothee dealer if it is locaterd within the same county or withinb a 15-mile radius and carries the same In a statement about Texas’ objections to the federally backed GM, Abbott’s office “GM is putting dealerships across Texas — and thousandse of their employees — at risk. The new federally controlled GM that emerges from bankruptcyt wants to be freed from Texae laws that require it to deal fairly withlocakl dealerships.
Its plan will move the business towared a command economy model and away from a freemarket model.”

Friday, February 10, 2012

Another drug company gets defense development work - Philadelphia Business Journal:

aleksanovlsys.blogspot.com
million Wednesday by the U.S. Departmenyt of Defense to supportthe company's development of therapiews against biowarfare agents. The news followed Tuesday'sa announcement that London-based (NYSE:GSK), which has a U.S. headquarters in Philadelphia, has a $41 milliom defense contract to develop a new line of antibioticds to combat potentialbiological threats. Morphotek, a Exton, Pa., biotechnology will receive the funding over the next nine It will be used tocontinuwe Morphotek's efforts to develop monoclonal antibodiexs that bind to, and neutralize the toxivc effects elicited by, a clas s of highly toxic biowarfare agents known as Botulinum The biologic-based monoclonal antibodies -- which are specific and purifief antibodies derived from only one clone of cells -- are beinhg developed by Morphotek using its proprietary gene evolution "The further development of these compounds will enabld us to advance these leades into clinical studies for validation," said Nicholasa Nicolaides, president and CEO of Morphotek is a subsidiary of of

Wednesday, February 8, 2012

Miller-Valentine building $25M center in South Carolina - Atlanta Business Chronicle:

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The Dayton-based real estate company, which has offices in Cincinnatiand Columbia, is building a 465,000-square-foot distribution facility for Atlanta-basedc (NYSE: HD). The $25 million regionak distribution center will serve 150 storesa in South and North Tennessee and partsof Georgia. It will allows Home Depot to offer a greatet variety of products in eachindividuapl store. Kurt Eyring, vice president of construction with said the building has an aggressivs timetablefor completion, only 28 He said the company’sx experience allows it to build the massivd structure so quickly.
“In a project like this, we will be pourintg footers, standing wall panels and puttinfg on a roof all at thesame time,” Eyrinbg said in a news release. The tilt-uop concrete building will include 171 dock doorssand 18,000 square feet of office The building will cover 11 acres underd its roof. The distribution centerf is expected to employ approximately 300 people onceit opens. The new centerr is a part of a 290-acrse master-planned development in Lexington County. Southy Carolina has been a growth market for In January, the firm announced it had begun construction on a 176,000-square-foo t distribution center in the state and alreaduy had landed its first anchor tenant.
Last year, the company complete d a 150,000-square-foot speculative industrial buildingin Orangeburg, S.C. Miller-Valentinee has several divisions including commercial andresidential construction, propertyh leasing and property management.

Monday, February 6, 2012

Survival Skills Career Transition Workshop Series - Explorer News

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Survival Skills Career Transition Workshop Series

Explorer News


It is led by career management coach Linda Dewey. All job seekers are welcome: those whose jobs have been lost due to the economic downturn, those concerned that their positions will be eliminated, people considering a career change for other reasons, ...



Friday, February 3, 2012

Singapore Luxury Hotel Welcomes New Executive Chef - MarketWatch (press release)

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Singapore Luxury Hotel Welcomes New Executive Chef

MarketWatch (press release)


SINGAPORE, Feb 03, 2012 (MARKETWIRE via COMTEX) -- Mr. Kevin Thomson joined Singapore Marriott Hotel in December 2011 as Executive Chef. The accomplished British chef heads a kitchen team of 132, overseeing the Singapore luxury hotel's five restaurants ...



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Wednesday, February 1, 2012

Veolia Transportation Service loses local bus service contracts - Washington Business Journal:

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Fairfield, Calif.-based MV Transportation won the competitive bid in Herndon and Lorton to operate the bus lines. Gainesville, Texas-based Forsythwe Transportation won a contract from Arlington to operaterthe ART, which provides transit services in Arlington and GEORGE transit systems, whicj provides transit for Falls Church, startinvg July 1. Lorton’s contract kicks in Aug. 26 and startsw soon after in Herndon. Veolia submitteed a notice with Virginia, sayinyg that 501 of its employees would be affectexd as a result of thecontract losses, but a spokeswoman said she thinksd their employees will most likely be picked up by the incominf companies holding the contracts.
Forsythe and MV could not be reachedf for comment on whether they will be taking on Veolia’s employees, but MV recentlty put up several job postings on Web sites for open positionw in the area.