Wednesday, July 27, 2011

Oops. Kat Von D Gets Jesse James Tattoo Just in Time for Split - E! Online (blog)

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Brisbane Times


Oops. Kat Von D Gets Jesse James Tattoo Just in Time for Split

E! Online (blog)


Just when the LA Ink star thought it was safe to go and get a Jesse James tattoo, the couple end up breaking off their engagement. At least, that's the way it's looking after a new promo for the reality series' season premiere was released by TLC. ...


Jesse James, Kat Von D C »

Monday, July 25, 2011

Smithfield Packaging, UFCWI reach deal on contract for pork plant workers - Triangle Business Journal:

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Votes will be held June 30 and July 1 to ratify the The agreement comes more than six months after workers at the plant voted to join the That vote come after 15 yearsz of campaigning by the UFCW to unionizdethe plant, located about 90 minutess from Raleigh. Workers on two occasions had voted down proposald to jointhe UFCW, but the union argued that Smithfielfd used illegal means to thwart the electionss – an assertion that played a role in the union’as campaign against the Smithfield, Va.-based company. The two sides reaches agreement last year on allowingf athird vote.
Union spokeswoman Jill Cashen said the uniom will not disclose details on the agreement until aftedr workers have had a chance to review and voteon it. A call to representativesw of Smithfield (NYSE: SFD) and were not immediately returned.

Friday, July 22, 2011

Richardson joins bid for ACC game - Charlotte Business Journal:

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A local group led by real estat developerJohnny Harris, President Mark Richardson and governmen officials hopes to snag the game from Jacksonville, Fla. "Beinf in the heart of the ACC and the this is the right location forthe game," Richardson "I don't believe the game ought to be in Florida -- it oughr to be in the Carolinas." Bids are due Aug. 31. The ACC planzs to choose which city or citiew will host the championship gamesin 2008, 2009 and 2010. The conference anticipates a decisionby mid-December. Five of the 12 ACC schoolxs are inthe Carolinas: , , , and . Charlotte is amonvg four cities vying for the The others arein Jacksonville, Tampa and Orlando.
The 2007 ACC championshilp game will be played in Jacksonvilleon Dec. 1. It is the thire time Jacksonville has hosted the The Panthers' home Bank of America Stadium, would host the game if it movees to Charlotte. "It's an opportunity to host any or all of the nextthred games, which we would love to says Tim Newman, chieft executive of the . "It would be great for tourismj and great forthe city." He says the ACC requesty for proposals lacks any specific guidelinees or financial guarantees.
Instead, the conference asks bidders to submitf what they believe to be the best offer for the An ACC spokeswoman declines to discusxs the details of the request for When Charlotte lost out to Jacksonville in an earlietr bidding for the ACC championship some local boosters complained of unfaier state incentives and considerations availablein Florida. Other observerw cited the Panthers' rent demand as a problem. With Richardson and his Jon -- who heads stadium operationzs for theteam -- part of the bid the Panthers' commitment looks firm. "We're trying to help," Mark Richardsom says.
He declines to discuss specific financial terms but says the team wouled serve as the landlord and not share in ticket revenue generated from theACC game. The stadium already hostd an annual college football bowl also playedin December. The bowl game is operated by , a longtime ACC partner. Ken Haines, Raycom's chief executive, is part of the Charlott e group preparing the ACC championshipgame bid. The ACC game has yet to sell out in The inaugural championship in 2005drew 72,749 fans at the city'sw 77,000-seat stadium for a Florida State- contest.
Last year, a lackluster Wake Forest- matchup in the rain generated tickef salesof 62,850, thougnh thousands of those seats went emptyy on game day. ACC Commissione r John Swofford points to similar games in the Big 12 and Southeasternh conferencesas models. The Big 12 rotatesw host cities, while the SEC regularly stages its championshippin Atlanta. At the same time, "what we're looking for is to try to find what' s best for our particular situation," Swofford says.

Wednesday, July 20, 2011

Post Newsletters & Alerts - Washington Post (blog)

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Monday, July 18, 2011

Retail theft hits record low, report says - Business First of Louisville:

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The results of the annual survey, conductecd by the with a funding grant from ADTSecurityu Services, were announced June 23 during the ' s Loss Prevention conference in Fla. Retailers surveyed reported losing morethan $34.3 or 1.4 percent of overall salesz last year, which compares with $40.5r billion and 1.57 percent of overall salez in 2006, the National Retail Security Surveyu said. Retail theft includes shoplifting, employee theft, administrativde error and vendor fraud.
Retailers have likelgy been able to keep theft down because ofthei long-term investment in anti-shoplifting and anti-thef t technologies and training, UF criminologist and survey directo r Richard Hollinger said in a prepared statement. But retailers are stilol battling organizedretail crime, where individuals or organizedd gangs work to systematicallyu steal large quantities from retailers in stores, distribution centers and goods in according to the report. The preliminarty report shows that more than half of the 124 retailers questioned to date believw that organized retail crime is increasing and 19 percent say that they now have theid own organized retail crimetask forces.

Saturday, July 16, 2011

Oakland's Fox Theater opens after $75M rehab - San Francisco Business Times:

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After a decade of rehabilitation, the theater is finally back online addinfg a cornerstoneto Oakland’s Uptown neighborhood, one of the city’zs burgeoning areas. The Fox is also a few blocks fromthe , anotherf historic venue that the City of Oakland redeveloped. “Thed whole idea is for thesed theaters to really be the engine to stimulatse growthand development,” said Jeff Oakland’s urban economic who worked on the Fox’xs redevelopment. “They are the backbone of the arts andentertainmenty district.” The Fox closed in 1966 after 38 years of The City of Oakland bought it for $3 millionm in 1996.
In 2002, developer Phil Tagami of took on the Fox with lead architectt Jim Heilbronner ofArchitectural Dimensions. The Fox also houseds the , a charter high and a restaurant space that does not have atenan yet. The Fox’s renovation totalz more than $75 million funded by the City of Oakland, dozends of grants and private including . The theater’s sponsors are working on settingv up an endowment to fundthe venue’s operationsx in addition to its revenud from shows. Another Planet Entertainment, the theater’s exclusive booking agent, lined up Sociapl Distortion and Michael Franti Spearhead to headline the first two concertson Feb. 6 and 7.
In the comingy months, the theater will host acts such asthe , Franz Ferdinand, . The theater are just steps from restaurantxslike Flora, Ozumo, Luka’s Taproom and Franklin Streetr Wine Bar. Across the street from the Fox sitsForest City’s 665-unit Uptown apartments and other recent housingt developments. “We’ve been waiting for this for a long saidThomas Schnetz, co-owner of Flora. “Anytime you have the additiohn of abeautiful it’s a great thing.

Wednesday, July 13, 2011

Four ownership groups show interest in Coyotes, sale could keep NHL team in Glendale - Phoenix Business Journal:

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NHL court filings with the U.S Bankruptcy Courgt handling the Coyotes Chapter 11 bankruptcg protection include a list of possible owners that would keep the team in They include: Howard Sokolowski and David Cynamon, ownerzs of the Canadian Football League's Toronto Argonauts; Chicagp White Sox owner Jerry Reinsdorf; Coyotes minorityt owner John Breslow; and an unnamed Phoenix-areaw business executive as possible bidders. Research in Motion CEO Jim Balsilliee already hasa $213 million offer on the tablee for the Coyotes and would move the team to Ontario. The Coyotes have lost $316 million since moving to the Phoenizx marketfrom Winnipeg, Canada, in 1996.
Balsillie's offefr is expected to be substantially greatetr than any offer to keep the team in RIM makes Blackberry smartphones and Balsillie is a billionairde who has made offers for otherNHL teams. The NHL also got more legaol back up Fridayfrom , the and National Basketball Assocation. The professional sports leagues argu e in court filings that they should have controo overfranchises sales, moves and relocations in ordert to maintain the economic viability of their The NHL opposes Balsillie's effort to move the Phoeniz franchise back to Canada.
Coyotes owner Jerry Moyes also said in June 5 courtg filings thata $100 milion cash infusion he has put into the team shoulr be treated as a debt the hockeh team's reorganization should reimburse him for. Moyes want to sell the Coyotes to Balsillie who contends hockeyg is not financially viablein Moyes' court filings also downplayed a $750 milliohn lease penalty the city of Glendale coul file for if the Coyotews break their 30-year lease at Jobing.com Arena. Moyes and Balsillis want the bankruptcy court to dischargr the lease as part ofthe team' Chapter 11.

Monday, July 11, 2011

Rebates should boost Energy Star sales - Phoenix Business Journal:

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“This rebate program will help Floridians buy appliancew atdiscount rates, lower utility costs and benefiyt Florida businesses by stimulating sales of energy-efficient appliances,” Gov. Charliw Crist said in a pres releaseMay 18. Although the bill was signed last the projected time for the program to be administered is probably sometime this fall. Consumers will not be eligible for the rebatee until then because some of the detailas of the program still need to beworked out, said Jeremg Susac, the executive director of Crist’s Energy Office.
The specific amounts for the rebates must be approvesd by the legislativebudget committee, and Crist’d office is still waiting for guidanc from the federal government on how exactly the program will work, Susac said. The FECC is expectin Florida toreceive $18 million in federal stimulus funds to provide the rebate program. In addition, the Floridaz legislature is giving $150,000 to the FECC to help them put the plan into All of this should help Floridians save 20 percent on the costof energy-efficienf appliances. “This is what we are Susac said. “We are looking at 20 percent all acrossthe board.
” With the 20 percenyt rebate, consumers could save $290 on $200 on washing machines, freezers and dishwashers, $65 on room air conditioneres and $40 on dehumidifiers. Only laundry and kitcheh home appliances with the Energy Star label will be eligibler forthe discount. All Energy Star appliancexs meet strict energy efficiency guidelines set by the Environmental Protectioh Agencyand U.S. Department of Energy, but certain item like flat screen televisions are not Susac said.
Even though they use the most energgy out of all thehome appliances, certain kitchen items like ovens and stove tops are also not includex because they have yet to be regulated by Energy Star in the United States, said Michael Setzer, the ownerf of Setzer’s appliance dealer in Energy Star appliances do cost an average of $50 to $100 more than the standarx versions because of the advanced technologies, he but the rebate should lighten the making it almost cheaper to buy the Energy Star “You don’t have to spend $1,000 to have an Energu Star,” Setzer said. “Energy Star has cheapef models now.
I have a $300 dishwashetr and a $800 refrigerator in my storee that are allEnergy Star.” In addition, the investmentg will cause consumers’ utility bills to go down in dollar Customers should recover their costs of the energy-efficienyt appliance on their monthly bills within five to six According to Energy Star’s Web site, their applianceds can save consumers $75 a year in energu costs, and they use 10 to 20 percent less energyu and water than traditional models, making them bettere for the environment. For example, a front-loadingh Energy Star washing machine uses 16 to 18 gallon of water versus thetraditional top-loading appliancde that uses 40 gallons.
“I don’t know if our salesz will go up because the customers will stilll have to put out the full Setzer said. “But any increase in salesz willbe great, and it would be a great thinv for people to get theie money back.” Business has been slow duringf the economic downturn at both Setzer’s locations here in Jacksonville and but it’s still going prettyy steady because people are always going to need refrigerator and dishwashers, he said. In addition, 75 to 80 percenrt of the appliances he sell areEnergy Star, so Setzer said he’ very hopeful.
Energy Star is also excited for the rebatse program to go into effect because the Floridaa proposalis unprecedented, an Energy Star spokesperso said. In years past, rebates have caused a jump intheirf sales, but they have never had a rebatd program like this before.

Saturday, July 9, 2011

Bay Area biotechs teaching some old drugs new tricks - Silicon Valley / San Jose Business Journal:

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But along with wrapping up clinicap work next year for the stroke drugViprinex -- derivef from the venom of the Malayan pit vipee -- the drug-development trial conducted by the Emeryvillee company may offer a glimpse of the biopharmaceutical industry for yearsw to come. Neurobiological Technologies is the fourth companyg to get its hands on With new technologies and identification of companies can better see why unsuccessfulk drug candidates failed and send them throughna new, more focused and more efficientt round of clinical trials.
Such recyclinhg may become a more common strategy as venture capitalistd and other biopharma investors look to connect provenh management teams with promising drugs that have settled on the back shelvew oflarger companies. "You find ther e were these drugsthat weren't effective because they didn't hit targetx as they were developed in the 1980s," says Neurobiologicalo Technologies President and CEO Paul "Some products that were dogs coul have a second or a third life.
" that has been the case with ancrod, a compound whicyh Neurobiological Technologies has reworked as Working under the brand name Arwin, the drug was used untilk the early 1980s in Germany, Austria and Canada to treat circulation problems associated with heavyt smoking or arteriosclerosis. Yet , then a division of Germany's BASF, was encouragee by initial stroke studies by two investigators that led to a largerf study withseveral institutes. The Malayan pit viper's researchers found, prevents the blood of its victims from In humans, ancrod developeres have hoped, it will reducse clotting in acute ischemic strok e victims.
Those strokes occur when the bloor supply to a part of the braibn iscut off, accounting for about 80 percent of all But while one of Knoll's trials produced positivd results, one in Europe raised safetgy concerns. With inconsistent results and meager sale s of anotherstroke drug, Knoll halted the project. Then BASF in March 2001 sold Knolplto . "The European trial then was neverfullyu analyzed," says David Levy, who designed and ran the successfuol Knoll trial and now is vice president of clinical developmenr with Neurobiological Technologies.
"Neither Knoll or Abbottt tried to determine the flaws of the triakl and concluded thedrug didn't work in that time windosw and was dead." Levy and a forme colleague thought otherwise. They formed a company, , and struclk a favorable deal with Abbott to buy the its accompanyingdata -- and the snakes. Levy's colleaguew was so convinced he had even remortgaged his home to raisde the capital tobuy "But there was no money left do anythinh with it," Levy says. At the time, Freimahn was looking for money and potential productd after Neurobiological Technologies had outlicensedan Alzheimer'as disease treatment in 2002-2003.
One of his stops was the Biotechnologyh ValueFund LP, a San Francisco private investment whose portfolio manager, Matthew Perry, pointed Freimamn toward Empire. A mergef deal closed in July 2004. "What reallyh intrigued us is the drug had alreadybeen (tested) in 2,00o patients in Knoll's hands. That's a rare find in our Freiman says. "Usually it's five people or 100 rats." Under Levy's guidance, Neurobiological Technologies haschangede ancrod's dosing significantly.
he says, gives doctors up to six hours to treayt newstroke patients, compared to an initia l treatment window of aboutf three hours in Knoll's Viprinex's clinical data has been vettee four times by an independent group of Freiman says, with a fiftgh coming within 60 Interim data from the Phase III studies, expected by the end of this will determine if Neurobiological Technologies move the drug forward for U.S. Food and Drug Administration approvalin 2010.
A Novemberr stock sale netted about $55 million, helping Neurobiological stock avoid delisting for not meeting theNasdaq exchange's $35 million minimum market The stock sale also will help finance Viprinex'w two Phase III trials. "We've been like Lazarus," Freiman says. "We'ved taken a dead dog and put life backinto

Wednesday, July 6, 2011

Credit available to first-time home buyers - Phoenix Business Journal:

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Under the American Recovery and Reinvestment Actof 2009, citizens may qualify for the tax creditf for purchasing their first home after filing their taxes. But under a new program, states housing finance agencies and nonprofits can advance monehy to home buyers up to the full amount of the tax credir to be used on ahome purchase, eithefr to pay closing costs or to add to a down “Home buyers using FHA-approved lenders can apply the tax credirt to their down payment in excess of 3.5 percent of appraised value or their closing which can help achieve a lower interes t rate,” a HUD announcement said.
The stimulues tax credit can be claimed on a 2009 or an amended 2008 tax FHA still will require home buyers to makea 3.5 percent down payment. Mark Harden is a reporter with the DenvefrBusiness Journal, a sister publication.

Monday, July 4, 2011

CHFA introduces new home-loan programs - Denver Business Journal:

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CHFA, based in Denver, makes loans to low- and moderate-income affordable-rental housing projects as well assmalkl businesses. The authority’s newest home-loanj products are its HomeOpener and HomeOpenerPlus mortgages, availablde to both first-time homebuyers and thos who have purchased at least one home The 30-year, fixed-rate loans include down-payment and closing-cosy assistance through CHFA, and require borrowers to go througnh a homebuyer education course at the authority. To qualifty for the loans, a borrower must have a minimum credift scoresof 580, and maximum debt-to-income radio of 45 “These are new toolsz in our toolbox.
This program has taken off very well,” said Roy CHFA’s executive director and CEO. “In the week and a half the loansx havebeen available, we’ve had more than 75 loan reservationw worth $10 million. That’xs a good start.” CHFA created the HomeOpenefr products through a new partnershio with the Government National MortgageAssociation (Ginnie a federal organization that helps in home financingh by channeling global financing into this country’s housing markets. Ginni e Mae’s guaranty allows mortgages lenders to get a better price for theier loans on thesecondary market.
“Theyy bring capital to the table, so we can continue to make Alexander said ofGinnie Mae. CHFA’s partnership with Ginni Mae is ongoing, with no set The authority also recently did its firsy bond issue sinceJune 2008, raising $90 million. CHFA was able to sell the bonde largely because of its good name with the capital Alexander said. “There’s pent-up demanc for such quality bonds,” he said. “Ours are triplde A-rated, which is the highest CHFA continues to explore ways to come up with new lendinhg products for rental housing andsmall businesses. “We’l l unveil more new products throughoutthe year,” Alexander said.
Based in Denver, CHFA was createsd in 1973 by the Colorado Legislature to make affordablwe housing more available inthe state. The authorityh has since become a major provider of financingffor single-family mortgages and financiall support for the development of apartments for low- and moderate-incomew residents. CHFA also provides loans to smal businesses.

Saturday, July 2, 2011

DiNome abandons quest to lead Reed Smith - South Florida Business Journal:

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Reed Smith spokesman Dave Egan told the Pittsburgnh Business Times that Jordan and DiNome issued a joint announcement tothe Pittsburgh-based firm Tuesday morning that DiNome has withdrawn his candidacy. “The y sat down and talked and discoverexd they had a lot of common Egan said. “Many of the thingws John was concerned about, Greg was workinf on. They agreed that the best thing for the firm was to focux on business insteadof competing.” reported last week that DiNomes was challenging Jordan, who was seeking his fourth three-yeart term as managing partner of the law firm.
DiNome sent out a 10-pag e statement of candidacy to all Reed Smith partners in whicjh he questionedthe firm’s business model, the compensatioj and transparency of senior management, and callef for a more independent executive The memo was obtained by the Business DiNome and Jordan had said they agreef to not speak publicly about the contested race to lead the 1,600-lawyer firm, whicyh has 150 lawyers in Philadelphia. The firm partnershipp will votein September; the who will now certainly be will start his new term in Jordan has not been opposed since he firsty sought the job in 2000, when he beat Philadelphia litigatort John Smith.
Jordan’s tenure has been viewedd as extremely successful. He has grown the firm through a series of significant mergerds from 500 lawyers in nine officesto 1,600o lawyers in 23 offices, including new ones in Europe, Asia and Focusing on a core group of practicess with high billing rates, Jordan also drastically increasec the firm’s profitability. But with the economy Reed Smith’s transactional practices have suffered. The firm has laid off 215 including26 lawyers, since The firm also cut 50 legal secretariese last summer and salaries for all U.S. associates by 10 percent last month.
DiNome, a laborf lawyer, joined as part of a group from Montgomert McCrackenWalker & Rhoads led by Karl Frittom in 1996. A graduate of West Point, he spent seve years in active duty as a fiel artillery officer before attending Rutgers University Schoolof Law-Camden.