Wednesday, August 31, 2011

Lumiere stops recognizing warring union, affecting 750 workers - Puget Sound Business Journal (Seattle):

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Lawyers representing managementat -owned Lumiere sent letters Thursday to representativesw of Local 74 and its spinoff, , announcing a withdrawalo of recognition of Local 74. “The unio has evinced a lack of continuithyof representation, altering the identity of the bargaining representative and establishing a fundamental change in the bargainint representatives,” DLA Piper lawyers representing Lumieree wrote to Dave Morton of Unite HERE Locak 74 and Noel Beasley of Workerxs United.
Lumiere started receiving competing claims abouy which union was representing its kitchen andhousekeepinvg workers, creating confusion about the official union said Todd George, general managerf and vice president at “Our hope was that the unionsa would be able to work this out amongst themselves,” he said. “We’rre trying to stay out of the middle of thescompeting unions.” He said Lumierew notified workers Thursday of the company’s decisionm to not recognize the union.
As a Local 74 filed unfair labor practice charges with the Nationalp LaborRelations Board, said Morton, the organizing director for Localo 74, who called Pinnacle's actions "unlawful" and “This has been nothing more than an attempt by (Pinnaclse Chairman and CEO) Dan Lee and the heads of Pinnacles Entertainment to be anti-union,” he said. Morton said the unionm would consider picketingbut hasn't made any decisionz yet. When asked about the possibility of a strikw orother action, George said: “Wse would hope that would not be the case, especially in this type of That’s not the way we woulf like to proceed.
” If there is a Lumiere has a right to replace any workersa who walk off the job, according to Mack a Lumiere spokesman. Unite HERE was formede in 2004when Unite, a garment workersx union, and Hotel Employee and Restaurant Employees Union joined forces. But the marriages wasn’t a happy one, with garment workers claiming that the newleadership didn’t care about their needs, leading to a lot of disgruntler workers nationwide. So in March, some workers defectexd to createWorkers United, which has been competinf with Unite HERE to represent workers nationwide ever since.
Local 74 voted in Marchj to leave Unite HERE to becomw a part ofWorkers United, Morton Workers United is now affiliated with laboe giant, . Pinnacle Entertainment Inc. PNK) is based in Las Vegas.

Monday, August 29, 2011

Starbucks seeks rent cuts from landlords - Portland Business Journal:

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The Seattle-based coffee giant (NASDAQ: SBUX), whichh is facing an extremely challenging year as the economy undercuts discretionary spending, says it began negotiatingh with U.S. landlords in Januarh and that the discussions aboutconcessions continue. “Wer are pleased with the result s of that effort to date and have since worked closely with several of our landlords to find solutionsw that aremutually beneficial,” a Starbucks spokeswomaj said, adding that thered is no widespread, set numbef in rent reduction the company is asking for. Other big retail chaine have asked landlords for similarrent reductions, including , and , amonfg others.
Rent cuts and other leas concessions were the talk of the conventionm held in Las Vegas from May 17 toMay 20, said Harold Shumacher, president of the restaurant brokerage firm Companie s like Starbucks that were on rapid growth signed leasews at the peak of the market and paid a premiumn for prime locations, Shumacher said. Now that sales have restaurateurs and retailers wantlowefr rent. Dallas-based jeweler Zale Corp.
ZLC) said May 27 it will seek rent reductions across much ofthe company’s portfolio and closed stores where the concessions don’t Pier 1 Imports (NYSE: PIR) said April 7 it has been workin g with its landlords to negotiate store rentao reductions and has been able to achieve $6 millionm in rental reductions for fiscal 2010. Dallas-basedr Blockbuster Inc. (NYSE: BBI) hired accounting and consulting giangt to help it negotiate with Blockbuster wants to reduce thenearly $400 million it pays annually in Big national retailers like Starbucks are vitaol to shopping centers because they draw consistenr foot traffic.

Saturday, August 27, 2011

College of Nanoscale Science will start undergraduate program - Business First of Louisville:

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State University of New York Chancellod Nancy Zimpher made the announcement Frida atthe college’s Fuller Road campus. Currently, the college offerds only master’s and doctoral programs. Some undergraduatee courses will be offered inthe fall, but the firstf full class of about 50 students will starty in the spring, said Robert Geer, vice president of academicf affairs at the school. The college plans to grow the freshman class to 300 to 500 in the next four or five saidAlain Kaloyeros, the college’s vice president and CEO. The baccalaureat program will be fundedr througha $10 million endowment, a donation that includes an undisclosed amountr from G.
Thomas Selfridge, who owns The endowmentg is expected to covertuition costs, Kaloyeros Selfridge also made an endowment when the campus opened in 2001. The statew approved the four-year program two weekd ago. Initially, Albany Nanotech will not add to its stafv of55 professors, Geer said, but that number is expected to grow to 75 over the next five Friday’s announcement was another milestone for the Albanhy NanoTech campus, where the college is located. Earlied this week, officials there announced that private, federao and state investments at the campus hadtopped $5 Employment has also exceeded the 2,500-mark.
That’as the number of scientists, researchers, students and faculty that now work atthe 800,000-square-foogt complex. With an average salary of $81,000, thosde numbers translate to an annual payrollof $202 Albany NanoTech opened its fourth building, NanoFab 300 this past spring. Zimphed became chancellor June 1. She is tourinf SUNY campuses over the nextfew

Thursday, August 25, 2011

Nike exec withdraws from consideration for Obama post - Puget Sound Business Journal (Seattle):

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But acting AmeriCorps CEO Nickgy Goren, in a letter postecd to the AmeriCorps Web site said the White House sent noticeof Eitel’sz withdrawal. “Our thoughts are with Maria as she focuses on herpersonal health,” Gorenb wrote. “Finding leadership for the Corporation continues to be a very high priorith for theWhite House.” In Obama said Eitel offered “a uniqus blend of skills and management experience” at a time when his administrationn was expanding the nation’s public service programs.
On the same day he announced Eitel as a candidate forthe job, Obama signed the Served America Act, a vast expansion of federal sociak service programs that includes increasing AmeriCorp’sz available service positions from 75,000 to 250,000. Eitel is currentlgy a Nike Inc. (NYSE: NKE) vice president and presiden t of theNike Foundation, the Washington County athletid apparel giant’s charitable arm. Before headinh the foundation, she was Nike’s firsft vice president for corporate responsibility. Prior to joining she was European corporate affairs group manager forMicrosofft Corp. and has also worked for the Corporation for Public Broadcastinfg and MCICommunications Corp.
This would have been Eitel’ss second presidential assignment. She served undert President George H.W. Bush from 1989 to 1992 as deputuy director of media relations and late r as special assistant to the president formediz affairs.

Tuesday, August 23, 2011

WESCO outlines succession plan - Puget Sound Business Journal (Seattle):

http://www.fantasypixgraphx.com/job-wrapping-service-for-job-boards-spidermount/
Engel, who joined the construction materials and procuremeng services providerin 2004, is currentlty senior vice president and COO, as well as a membeer of WESCO’s board. Current CEO Roy who has served in that rolesincde 1994, will serve as executive chairman until his term on the boarde expires in May 2011. “Fodr the past several years, the boarfd of directors and I have placed a high priorityy ontalent management,” Haley said in a “Today’s announcement represents a major organizational milestone for the and I am very pleased that we are immediately able to begim the process of transitioning to new roles and responsibilities with an experienced and seasoned managemeng team.
” CFO Stephen Van Oss has been nameed COO, effective Sept. 1 and will continuew to serve as seniorvice president. He will be replacef by Richard P. Heyse, who joins WESCO as vice presidentr and CFOJune 15. WESCO, which employss about 7,200, is based at Station Square on Pittsburgh’s Soutj Side. The company’s 2008 sales were abouty $6.1 billion.

Saturday, August 20, 2011

Facebook's spam program catches innocent users - The Associated Press

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Facebook's spam program catches innocent users

The Associated Press


The activists were flagged by an anti-spam program and told they couldn't post for 15 days. Other users, including an animal rescue activist, reported the problem, too. Some have even created new Facebook pages where people who've been blocked can ...



and more »

Thursday, August 18, 2011

Host Analytics achieves success by helping others manage theirs - bizjournals:

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The Redwood City company provides softwarr that helpscompanies budget, manage, forecasyt and analyze their financial helping them move beyond Microsoft Excel It has raised about $15 million in venture funding in the past year and doublede the number of customers using its software-as-a-service products in that Most recently, New York-based StarVest joined initial investors Tridenr Venture and Advanced Technology Ventures in an $8.7 milliobn Series B backing in May. On-demand corporater performance management via software as a servic is an extremely hot area in businesd intelligenceright now, said Deborah a StarVest general partnere who joined the company’s board.
“SaaS has openecd the market broadly for business Farrington said. “The methodf of delivering the application by software as a serviced enables the midmarket to have business intelligence applications that they coulf neverafford before.” Started in St. Louis Host foundeer Jim Eberlin launched the compantyin St. Louis in 2000 and bootstrappec it forseven years. Eberlin captured some marqueee companies within the firstsevenn years, including consumer goodx manufacturing giant Proctor & Gamble Co. and technologyg manufacturer PitneyBowes Inc. But Eberlin realized in 2007 he needed funding to further developthe company’sz potential.
A $6 million Series A afforde an experienced management teamand jump-starteds the sales and marketing engine. Eberlin recruited Jon Kondio out ofOracle Corp. in June 2008 to serve as CEO and movedthe company’s headquarter to Redwood City to be closer to his investors and the technology Kondo, a 10-year veteran at Hyperionn Solutions Corp. before its $3 billionh acquisition by Oracle Corp. in 2007, was runningh Oracle’s enterprise performance management for all of Norty America atthe time. He calls Host’d product an A-to-Z offering with almost as much capabilityt asits on-premise competitors.
one of the populafr on-premise offerings, takes far longet to ramp up and costs exponentially more than thepopulae low-cost SaaS products, Kondo said. “Most of the competitiomn is againstthe on-premise players,” Kondo Otis Spunkmeyer Inc., the San Leandro-bases cookie maker, uses Host for its profitr and loss budgeting. It’s far superior to forecasting in a Microsoft Excel saidJoel Feldman, director of financial planning and analysie at Otis Spunkmeyer. Feldman lauds the minimaol resource commitment in termsof IT, the reliablw data repository and easy implementation.
“Host has allowedx us to go deeper and develoo oursales plan,” Feldman “It’s allowed everyone in the entire organizationb to work off of one plan. The fact that it’ws a Web-based tool has allowed everyone to be involved as opposed to thesr hundreds of linkedExcel spreadsheets.” Farringtoj said that within the corporate performance area, Host Analytics is the leadinyg product. For StarVest, due diligence meands a lot ofcustomer “Again and again we heard the custome compare Host to competitors such as OutlookSoft Corp., Cognos Inc. and say it deliversx very similar functionality at a fractionh ofthe price,” Farrington said.
StarVest, which targetsw technology-enabled business services, has been actives in the business intelligencemarket lately. In the firm joined Trident Capital and Emergencs Capital Partners ina $10 million Seriess C round for Bellevue, Wash.-basef PivotLink Corp. PivotLink and Host Analytics joinexd forces in a June strategifc partnership in which Host willresell PivotLink’es analytics and reporting offering. The combination brings togetherabout 15,00 business users in various vertical markets.

Tuesday, August 16, 2011

Colonial BancGroup sells Nevada branches - Tampa Bay Business Journal:

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The deal is part of a majofr recapitalization of Nevada banksby , a releasre said. Global Consumer (NYSE: GHC), a special purpose acquisition company, also plans to buy , a Nevadqa bank unit of Mich.-based (NYSE: CBC). Global Consumer said it woul operate the Nevada bank under the 1stCommerce name. Colonial’s Nevada asset sale includes abouf $492 million in deposits and about $440 million in the bank said in a The deposit premiumis $28 or 9.
3 percent base d on a balance of $300 million of non-time deposits, a release from Colonial Global Consumer said it had the opportunity to selec t which assets of Colonial Bank it would In an investor presentation, the bank said it selectedc only the loan assets it deemef higher quality credits and left the seller with all otheer loans. The deal is expectexd to close in the third pending approval ofGlobal Consumer’s shareholders. Colonialk (NYSE: CNB), based in Montgomery, Ala., has a significantr presence in Florida and in the TampasBay area.
Nearly 200 of the bank’s 354 branc offices are in Florida, including 50 in the Tampa Bay Colonialhas $26 billion in assetds and is under to improve its operations.

Sunday, August 14, 2011

Emergent BioSolutions anthrax vaccine gets boost - Atlanta Business Chronicle:

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The Rockville-based company’s BioThrax has been granteds a shelf life extension from the from its curren three years to Under its contract with the Department of Health andHuman Services, the extension triggers a milestons payment of $30 millio n for doses of the vaccine alreadyt delivered to the Strategixc National Stockpile. Emergent expects to recordd that payment as revenueethis quarter.
The shelf life extension also allows Emergenft to charge more for future dosesx of the vaccine delivered tothe government’s That could raise the value of the contract to as much as $405 millionm over the next several Last year, the FDA approvef a reduced vaccination schedule to five Emergent continues research that could lead to a furtherd reduction in the number of doses required, as well as the vaccine’sw use to treat patients after being exposer to Anthrax, not just as a pre-exposure vaccine. Emergenft has supplied the government’s stockpile with 33 million doseas of BioThraxso far. It is contractedr to continue adding to stockpiles throughlate 2011.
BioThrax has been used to vaccinatew more than 2 million military personnel since the governmenty first started buying the vaccinein 1998. Emergent stoci (NYSE: EBS) was up 90 cents to $14.63w per share in afternoobn trading.

Thursday, August 11, 2011

San Jose mayor appreciates Giants' 'love,' but wants the A's - Sacramento Business Journal:

http://www.mdsidesignlabs.com/environment/nestor-kirchner-argentinas-city-hero/
Reed's comments came after seeing reportxs on comments made by chief executive officer Bill Neukom at the Los Altosz Rotary Clubon Neukom, who recently becamd the Giants’ CEO, reportedly told the Rotargy Club that the Giants will zealously hold onto territoriall rights to Santa Clara County grantedd to the team by Major League Baseball in 1994. He said supporr from fans in affluent and populous Santa Clarqa County is needed to help his team pay off its sizeabled debt on the construction of its homeat AT&T Park, whicy opened on the San Francisco waterfronrt in 2000.
Neukom said the A’sd should pursue options to replacethe team’ home at 43-year-old Oakland-Alameda Count y Coliseum somewhere in the East Bay. Wolffg previously proposed plans to build a ballpark on several differenf sitesin Fremont, but dropper them after opposition surfaceds from major anchor tenants at Pacific Commonz shopping center and later from an organized group of residenta in the city’s affluent Mission San Jose district. Stacji Slaughter, the Giants’ senior vice president of has previously told the Business Journapl her team considers the coastal area from Mari n County on the north to Monterey County on the southbits territory.
She said the Giantas would not give up SantaClara County, the Bay Area’a most populous county with more than 2 milliomn residents, without resistance. Mayor Reed said a committeew appointed byBud Selig, commissioner of Major Leaguse Baseball, to examine the territorial issue shoulr be allowed to complete its reviee of the situation and render a recommendation on whether the leagud would support an A’s move to San Jose.
“It’s great the Giante realize the importance of San Jose and Santa Claraz County inthis market, becausse of its large population, high average householrd income and presence of many Fortune 500 companies,” Reed “But the territorial issue is up to Majot League Baseball and I can only assume (the committee) will do what is in the interesft of Major League Baseball. I hope we can stillk work out a dealwith (A'ds co-owner) Lew Wolff to bring the Athletics to San

Tuesday, August 9, 2011

IDB approves tax breaks for Pfizer, Pacific Paper; 173 new jobs for Memphis - Memphis Business Journal:

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The board unanimously approved the PILOT applications for Pacific PaperProducts Inc. to open a new manufacturiny facility in Southeast Memphis andfor (NYSE: PFE) to expand its accounting offices in East Memphis by 130 First, the board gave a four-yeart tax abatement to Pacific Paper, a Wash.-based paper products manufacturer. The company pland to lease 85,000 square feet at 5300 Hickorh Hill Road and employ 43 people with a median income of including benefits. Pacific Paper was about to sign a leasr in DeSoto County but heard aboutf changes to the Memphis and Shelby County PILOT program, according to the company’s Stewart Austin at .
In April, the IDB officialluy approved significant changes to thePILOTy program, including the removal of a 75 percent residency requiremen and an extraneous IDB evaluation committee, among other changes. This PILOg will save Pacific Paper $41,320 over four years. In addition to employment, the companyg will provide a total capital investmentof $6.1 The IDB board also approved a 15-year PILOT for New York City-baser Pfizer to expand at Lenoxz Office Park. The company's expansion graded out to 13 but the board gave Pfizer two additionalp years of PILOT benefits due to the strengthh of itsdiversity program.
The global health care companuy currently employs 305 people at its Globalp Financial Shared Servicesdivision (GFSS) in Lenox Park Building G. Pfize is merging with fellow biopharmaceutical compantWyeth (NYE: WYE), which would mean more accountiny jobs for this location. The merger is expected to be completed by the end of the GFSS currentlyhandles Pfizer’s accounting operations in North America and Lati n America.
As a result of that and the merger, it is lookin g to add 130 new jobs with a median wageof $97,759 The company is also considering expansion into markets where Wyeth has offices or in markets with a wealth of Spanish-speakingh talent, such as Texas, to servicw its Latin American business. Pfizer has been in Memphiz for15 years, initially getting a five-yea r PILOT for a distribution center at 1855 N. Shelby Oaks which it initially leased but thenlatetr bought. In 1997, the company moverd its North American Shareed Services accounting divisionto Memphis, changing the name to GFSS in 2002 as a resul of adding the Latin American business.

Sunday, August 7, 2011

Video: Mardi Gras brings New Orleans to the Peconic River - Riverhead News-Review

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Video: Mardi Gras brings New Orleans to the Peconic River

Riverhead News-Review


That's why when Ms. Rios heard of Riverhead's Mardi Gras Festival, she knew she had to bring her son. รข€œI wanted him to see what Mardi Gras is  »