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"The definition if you bought somethingand it’s now worth a grea deal less, you made a And I'm more than willint to say that I made a mistake. I was too optimisticx in terms ofthe newspaper’s ability to preserve its Zell, the chairman and chief executivwe officer of Tribune, said in the interview. the parent of the and KTLA, througu a buyout led by The deal left the company with nearly $12 billion in debt. Tribune has sold off assetds and cut jobs since the close of the deal to help with the debt The company as it hasnearly $12 billiomn in debt.
"We're in a bankruptcuy proceedingright now, the goal of that bankruptcy proceediny is to maintain and preserve as much value as and that's what we're going to Zell said of Tribune's bankruptcy during the interview. He then immediately dismissed the idea of mergingb withanother company. "That's like asking someonw in another business if they want to get vaccinatec with alive virus.
The answer is I don'tf think there's a long list of people who want to buy newspapedrcompanies today, and for it's not likely to be the case untill we reach some kind of a new bottom as to what the newspaper'w role is going to be in our societh going forward," Zell said.
Thursday, June 30, 2011
Tuesday, June 28, 2011
E-reader adoption hits double digits in 2011 - ZDNet (blog)
azajir.wordpress.com
E-reader adoption hits double digits in 2011 ZDNet (blog) E-reader ownership among US adults doubled between November 2010 and May 2011, from 6 percent adoption to 12 percent, according to a Pew study. Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well ... |
Sunday, June 26, 2011
Centene closes on financing for HQ project - Atlanta Business Chronicle:
tenamup.wordpress.com
A U.S. Bank-led consortium committed on June 5 to a constructiomn loan forthe 17-story office tower, whicuh will house the corporate headquarters for Centene, one of St. largest public companies, and , one of the area’s largest law firms. Construction began in October to demolisb the former building on the site and starrt work on the first two The project willhave 460,000 squard feet of office space and 28,12r square feet of retailk space. The , led by chief executive Bill signed on as an equity partnerd in the project earlierthis year.
of Chicago, whicnh had led development effortsfor Centene’s new headquarters, droppe d out as an equity partner but will stilo serve as a The equity partners in the projecf are Centene, and . Centene Center will be Clayton’sw first new office building in nearly a decad when it is completedf inJuly 2010. Centend Center, to be built at the heart of Clayton’ss central business district at Hanley and is one of afew new, large-scale developments to proceed in recent months. Retaining Centene, St. Louis’ 11th-largest publif company, is also a boost for the regionj asa whole, in lighy of job losses at and othert top companies. Centene Corp.’xs 2008 revenue was $3.
4 billiobn and the company has more than 500 local Centene is led by Presidengt and CEO Michael Centene Center’s other main tenant, Armstronhg Teasdale, the city’s third-largest law firm, is movingg its 200 local attorneys there from the Metropolitan Squar building downtown. Centene Corp., one of the nation’s largesft providers of managed care programs and related servicesd to individualsunder Medicaid, firstt sought in 2004 to build a replacemenft building a block away from its existing headquarteras at 7711 Carondelet Ave. That it bought a former bookstore, Librart Ltd., at Forsyth and Hanley from Summiyt Development Group forabout $10 million.
Centene then faced a two-year courrt battle with three commercialpropertyt owners, the late Dan David Danforth and Debbie Pyzyk, who resisted the city of Clayton’x efforts to take their buildings on Forsyth throughn eminent domain to make way for the new , a development firm with projectzs around the world, conducted a nationwidre search for possible sites for Centene’s with proposals from Illinoiw and Colorado in the running for a potentiakl relocation of the company. Centene abruptly changesd course in September 2007 and announcede its plans to be an anchoer tenant in the proposed Ballpark Villagedevelopment downtown.
By Marcb 2008, Centene reversed course again and dropped its planes tomove downtown. After the Missouri Supreme Court ruled in the Claytonpropertty owners’ favor on the eminent domain suit, Centene ultimately bought the threr Forsyth properties in early 2008 for $19 In February, the Clayton Board of Aldermen approver a scaled-down version of the project from the original cost of $215 The planned office tower was reducec in size by several floors as Centenr opted to initially lease just 200,0009 square feet of space instead of 300,000 square feet, and the retail portion was minimizedc to 28,125 square feet from 34,00 0 square feet.
Armstrong Teasdale has signed a leasdfor 125,000 square feet of space, making it one of the largestr local office lease deald announced in 2009.
A U.S. Bank-led consortium committed on June 5 to a constructiomn loan forthe 17-story office tower, whicuh will house the corporate headquarters for Centene, one of St. largest public companies, and , one of the area’s largest law firms. Construction began in October to demolisb the former building on the site and starrt work on the first two The project willhave 460,000 squard feet of office space and 28,12r square feet of retailk space. The , led by chief executive Bill signed on as an equity partnerd in the project earlierthis year.
of Chicago, whicnh had led development effortsfor Centene’s new headquarters, droppe d out as an equity partner but will stilo serve as a The equity partners in the projecf are Centene, and . Centene Center will be Clayton’sw first new office building in nearly a decad when it is completedf inJuly 2010. Centend Center, to be built at the heart of Clayton’ss central business district at Hanley and is one of afew new, large-scale developments to proceed in recent months. Retaining Centene, St. Louis’ 11th-largest publif company, is also a boost for the regionj asa whole, in lighy of job losses at and othert top companies. Centene Corp.’xs 2008 revenue was $3.
4 billiobn and the company has more than 500 local Centene is led by Presidengt and CEO Michael Centene Center’s other main tenant, Armstronhg Teasdale, the city’s third-largest law firm, is movingg its 200 local attorneys there from the Metropolitan Squar building downtown. Centene Corp., one of the nation’s largesft providers of managed care programs and related servicesd to individualsunder Medicaid, firstt sought in 2004 to build a replacemenft building a block away from its existing headquarteras at 7711 Carondelet Ave. That it bought a former bookstore, Librart Ltd., at Forsyth and Hanley from Summiyt Development Group forabout $10 million.
Centene then faced a two-year courrt battle with three commercialpropertyt owners, the late Dan David Danforth and Debbie Pyzyk, who resisted the city of Clayton’x efforts to take their buildings on Forsyth throughn eminent domain to make way for the new , a development firm with projectzs around the world, conducted a nationwidre search for possible sites for Centene’s with proposals from Illinoiw and Colorado in the running for a potentiakl relocation of the company. Centene abruptly changesd course in September 2007 and announcede its plans to be an anchoer tenant in the proposed Ballpark Villagedevelopment downtown.
By Marcb 2008, Centene reversed course again and dropped its planes tomove downtown. After the Missouri Supreme Court ruled in the Claytonpropertty owners’ favor on the eminent domain suit, Centene ultimately bought the threr Forsyth properties in early 2008 for $19 In February, the Clayton Board of Aldermen approver a scaled-down version of the project from the original cost of $215 The planned office tower was reducec in size by several floors as Centenr opted to initially lease just 200,0009 square feet of space instead of 300,000 square feet, and the retail portion was minimizedc to 28,125 square feet from 34,00 0 square feet.
Armstrong Teasdale has signed a leasdfor 125,000 square feet of space, making it one of the largestr local office lease deald announced in 2009.
Thursday, June 23, 2011
Families feel relief, anger at Bulger's capture - Boston Globe
http://shaheenproductions.com/?p=24
ABC News | Families feel relief, anger at Bulger's capture Boston Globe AP / June 23, 2011 BOSTONâ€"The families of people » |
Tuesday, June 21, 2011
The Swedish Enforcement Authority Expands Its Use of QlikView to Save Nearly a ... - MarketWatch (press release)
ocybakenos.wordpress.com
The Swedish Enforcement Authority Expands Its Use of QlikView to Save Nearly a ... MarketWatch (press release) With the help of QlikView, the agency will save six million Swedish crones in total by using hundreds of parameters to give specific information for the evaluation of the debtors. Four departments and 250 users will be using QlikView for instant ... |
Sunday, June 19, 2011
Cubs' aggressiveness proves costly against Yankees - Chicago Sun-Times
http://nobleworld.biz/biom.html
Boston Globe | Cubs' aggressiveness proves costly against Yankees Chicago Sun-Times The Cubs then had the tying run at first against Rivera when ex-Yankee Alfonso Soriano singled. Conventional baseb » |
Thursday, June 16, 2011
China Urges End to Myanmar Strife - Wall Street Journal
http://pattinsonfan.net/hot/47-robert-pattinsons-toilet-fan.html
The Guardian | China Urges End to Myanmar Strife W » |
Tuesday, June 14, 2011
It's official: 15 General Motors dealers in Colorado to lose franchises - Nashville Business Journal:
bajbiha.blogspot.com
It was the first definitive statement of exactlyg how many GM dealers in the state were informef thay will lose their franchiser agreementsin 2010. The Colorado Automobile Dealers Associatioh previously had estimated the numbe at 13 to 15 based on reportsfrom dealers. GM stilll is not releasing the names ofthe 1,323 dealers it plan to drop nationwide, including the 15 in The information came in a list releaserd by the House Energy and Commerce Committee'x Subcommittee on Oversight and Investigations, based on informatio n provided by GM. Executives of GM and which plans to shed 14Colorado dealers, testifieed before Congress about their dealerf plans Friday.
GM's car lines includwe Chevrolet, Pontiac, Buick, GMC, Cadillac, Saturn and Hummer. It has some 6,00p0 dealerships nationwide. Letters sent in mid-May to GM dealers the company plannedto drop, a copy of whicg was obtained by the Denvetr Business Journal, said the automaket reviewed each of its dealers' salesw volume, profitability, capitalization, location and facilitiess along with other "market patterns." . "Based on our reviee and current and foreseeable market conditions andyour dealership's historicapl performance, we do not see that GM can have a productivd business relationship with [name of dealership] over the long said the letter, dated May 14.
Abour 92 of Colorado's 264 auto dealerships sell one or more GM said Tim Jackson of the state autodealerds group. Additional dealers may lose theirfranchises later, GM has
It was the first definitive statement of exactlyg how many GM dealers in the state were informef thay will lose their franchiser agreementsin 2010. The Colorado Automobile Dealers Associatioh previously had estimated the numbe at 13 to 15 based on reportsfrom dealers. GM stilll is not releasing the names ofthe 1,323 dealers it plan to drop nationwide, including the 15 in The information came in a list releaserd by the House Energy and Commerce Committee'x Subcommittee on Oversight and Investigations, based on informatio n provided by GM. Executives of GM and which plans to shed 14Colorado dealers, testifieed before Congress about their dealerf plans Friday.
GM's car lines includwe Chevrolet, Pontiac, Buick, GMC, Cadillac, Saturn and Hummer. It has some 6,00p0 dealerships nationwide. Letters sent in mid-May to GM dealers the company plannedto drop, a copy of whicg was obtained by the Denvetr Business Journal, said the automaket reviewed each of its dealers' salesw volume, profitability, capitalization, location and facilitiess along with other "market patterns." . "Based on our reviee and current and foreseeable market conditions andyour dealership's historicapl performance, we do not see that GM can have a productivd business relationship with [name of dealership] over the long said the letter, dated May 14.
Abour 92 of Colorado's 264 auto dealerships sell one or more GM said Tim Jackson of the state autodealerds group. Additional dealers may lose theirfranchises later, GM has
Sunday, June 12, 2011
TENNIS: Williams sisters eyeing Wimbledon comeback - TheNewsTribune.com
hyperwave-exhausted.blogspot.com
Globe and Mail | TENNIS: Williams sisters eyeing Wimbledon comeback TheNewsTribune.com She will be joined at the Wimbledon warm-up by younger sister Serena, who hasn't played in nearly a year since winning a fourth singles title at the » |
Friday, June 10, 2011
Apple adds DUI checkpoint finders to its growing list of banned apps - New York Daily News
ujunyp.blogspot.com
Globe and Mail | Apple adds DUI checkpoint finders to its growing list of banned apps New York Daily News Apple has added DUI checkpoint finders, like PhantomAlert, to its growing list of banned apps. Do you support Apple's decision to ban apps that locate police checkpoints? Yes, it promotes drunk driving and creates danger on the road. ... Apple's new iCloud lets you get back banned apps Banned apps back from beyond with iCloud Gasp! iCloud » |
Tuesday, June 7, 2011
On eve of signing deadline, Ritter OKs bills for truckers, movies, restaurants - Phoenix Business Journal:
ivyhofy.wordpress.com
But economic developers and investors must continuse to wait to see if the governor will come to theid aidbefore Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainablre Colorado Center in downtown Denver, signing thres bills that he said will continus to build the state’s “New Energy House Bill 1298, sponsored by Reps. Buffie McFadyen, D-Pueblo and Cory Gardner, R-Yuma, lets truckingb companies get 25 percent reimbursement of the cost of buying andinstallinvg fuel-efficient technologies and emission-controp devices.
More importantly, McFadyen said, it proratezs sales tax on trucking equipment based on the percentage of miles companiea drive in Colorado and it allows truckersd finally to take advantageof enterprise-zoner tax breaks. “This bill is so incrediblyu important to the not only for the environment but for the survival of truckers that arein business,” she said whilee tearing up at the signing. House Bill 1331, sponsore by Rep. Sara Gagliardi, D-Arvada, expands the pool of vehicleas eligiblefor alternative-fuel tax credits to includs those that run on cleaner-burnin g natural gas. It also eliminates eligibilituy for some hybrid vehicles that are not saidsponsoring Sen.
Betty D-Lakewood. Ritter noted that the Coloradpo Oil and Gas Association and the nonprofit group Environmenft Colorado both supportedthe measure. “If COGA and Environmengt Colorado agree, it has to be a great he said. And Senate Bill 75, championedd by the company Aspen Electric Cars and allows drivers tooperate low-speed electric vehicles on most roads with speed limits of 35 mph or From there, Ritter went to the officesx in Denver and signed a measure to re-establish the Coloradi Office of Film, Television and Media. Houss Bill 1010, sponsored by Rep. Tom Massey, R-Ponch a Springs, and former Rep.
Anne McGihon, D-Denver, allows the office to solicift gifts and donations to offer incentives to producerd to make films inthe “I believe this move signalw that Colorado is becoming serious about attractingv production to the state once said Kevin Shand, executive directort of the Colorado Film Commission. “Byt becoming part of the stat once again, the film offic e will once again have resources to markety Colorado effectively and help expand our economic developmenrt efforts in a new anddifferent direction.” Ritter returned to his Capitol office to sign nine separates bills, including measures to help the restaurant and broadband Senate Bill 121, sponsored by Sen.
Al R-Hayden, eliminates the sales and use tax restaurants must pay when offerinv freeor reduced-price meals to employees. Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Office of Information Technology to creater a map of where broadband technology is availablew and not available inthe state. Ritterd has not announced his intentions on at leastg two bills being watched closel by thebusiness community, however. One is Senates Bill 173, which woul d allow local governments to work with the statr Economic Development Commission to offer incentives to attract andbuildc tourism-generating projects.
The bill is consideres key to landing either of twopotential auto-racetrack project east of Aurora. The other is House Bill which limitsthe Colorado-source capital gains subtractiomn to the first $100,000 of gainse on assets held for five years or more. If the bill would generate $15.8 million to help balancr the budget.
But economic developers and investors must continuse to wait to see if the governor will come to theid aidbefore Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainablre Colorado Center in downtown Denver, signing thres bills that he said will continus to build the state’s “New Energy House Bill 1298, sponsored by Reps. Buffie McFadyen, D-Pueblo and Cory Gardner, R-Yuma, lets truckingb companies get 25 percent reimbursement of the cost of buying andinstallinvg fuel-efficient technologies and emission-controp devices.
More importantly, McFadyen said, it proratezs sales tax on trucking equipment based on the percentage of miles companiea drive in Colorado and it allows truckersd finally to take advantageof enterprise-zoner tax breaks. “This bill is so incrediblyu important to the not only for the environment but for the survival of truckers that arein business,” she said whilee tearing up at the signing. House Bill 1331, sponsore by Rep. Sara Gagliardi, D-Arvada, expands the pool of vehicleas eligiblefor alternative-fuel tax credits to includs those that run on cleaner-burnin g natural gas. It also eliminates eligibilituy for some hybrid vehicles that are not saidsponsoring Sen.
Betty D-Lakewood. Ritter noted that the Coloradpo Oil and Gas Association and the nonprofit group Environmenft Colorado both supportedthe measure. “If COGA and Environmengt Colorado agree, it has to be a great he said. And Senate Bill 75, championedd by the company Aspen Electric Cars and allows drivers tooperate low-speed electric vehicles on most roads with speed limits of 35 mph or From there, Ritter went to the officesx in Denver and signed a measure to re-establish the Coloradi Office of Film, Television and Media. Houss Bill 1010, sponsored by Rep. Tom Massey, R-Ponch a Springs, and former Rep.
Anne McGihon, D-Denver, allows the office to solicift gifts and donations to offer incentives to producerd to make films inthe “I believe this move signalw that Colorado is becoming serious about attractingv production to the state once said Kevin Shand, executive directort of the Colorado Film Commission. “Byt becoming part of the stat once again, the film offic e will once again have resources to markety Colorado effectively and help expand our economic developmenrt efforts in a new anddifferent direction.” Ritter returned to his Capitol office to sign nine separates bills, including measures to help the restaurant and broadband Senate Bill 121, sponsored by Sen.
Al R-Hayden, eliminates the sales and use tax restaurants must pay when offerinv freeor reduced-price meals to employees. Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Office of Information Technology to creater a map of where broadband technology is availablew and not available inthe state. Ritterd has not announced his intentions on at leastg two bills being watched closel by thebusiness community, however. One is Senates Bill 173, which woul d allow local governments to work with the statr Economic Development Commission to offer incentives to attract andbuildc tourism-generating projects.
The bill is consideres key to landing either of twopotential auto-racetrack project east of Aurora. The other is House Bill which limitsthe Colorado-source capital gains subtractiomn to the first $100,000 of gainse on assets held for five years or more. If the bill would generate $15.8 million to help balancr the budget.
Sunday, June 5, 2011
Exploration program continues at Glacial Park - Northwest Herald
cicugaha.wordpress.com
Exploration program continues at Glacial Park Northwest Herald Families are encouraged to participate in this exploration program that will meet from 2 to 3:30 pm and June 11, 18 and 25 at the Lost Valley Visitor Center in Glacial Park, MCCD officials said in a news release. Glacial Park is on Harts Road west of ... |
Friday, June 3, 2011
Best Buy's @15 partners with Taylor Swift tour - Minneapolis / St. Paul Business Journal:
qozadaunu.blogspot.com
Richfield-based Best Buy (NYSE: BBY) started @15 last year to “inspire teen-led social change.” The nonprofitt also provides scholarships and otherf philanthropic donations aimed athelping teens. “We’re thrilled that @15 is joining forcesw with Taylor Swift,” Best Buy President and Chief Operatingy Officer Brian Dunn said ina “At its core, @15 is designed to empower and give teenx a voice, and we believe Ms. Swiftr is one of the brightest, most inspiring teen voices right now.” Swift, 19, is a country-pop singer and songwriter. She was the top-selling U.S. artisy of 2008, selling more than 4 million albums.
As part of her partnership with @15, Swify filmed a public service announcement that will be playe d at each of her Northb Americantour stops. In the she encourages teens to “own their originalit and appreciate theirunique qualities.” Also, 15 Best Buy storesw in cities along Swift’s tour will each donate 40 concerr tickets and a guitar autographed by Swift to a teen-focused charity.
Richfield-based Best Buy (NYSE: BBY) started @15 last year to “inspire teen-led social change.” The nonprofitt also provides scholarships and otherf philanthropic donations aimed athelping teens. “We’re thrilled that @15 is joining forcesw with Taylor Swift,” Best Buy President and Chief Operatingy Officer Brian Dunn said ina “At its core, @15 is designed to empower and give teenx a voice, and we believe Ms. Swiftr is one of the brightest, most inspiring teen voices right now.” Swift, 19, is a country-pop singer and songwriter. She was the top-selling U.S. artisy of 2008, selling more than 4 million albums.
As part of her partnership with @15, Swify filmed a public service announcement that will be playe d at each of her Northb Americantour stops. In the she encourages teens to “own their originalit and appreciate theirunique qualities.” Also, 15 Best Buy storesw in cities along Swift’s tour will each donate 40 concerr tickets and a guitar autographed by Swift to a teen-focused charity.
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