axilecyqih.wordpress.com
The city received the award in the categoryu of Excellence in EconomicDiversificatiohn Strategies, which recognizes responses to planf closures and other economic that promote economic diversification. The competitionh is open to local, state and regional governments; and universitiesz and colleges. Cabarrus and Rowanm counties lost 4,300 manufacturing jobs when textilemanufacturedr Kannapolis-basedPillowtex Corp. closed in July 2003. Two years California billionaire David Murdock announcedf plans forthe N.C. Research Campus at the 350-acre former Pillowtex headquarters and manufacturing The life-sciences hub includes the participation of Duke the UNC System, the N.C.
Community College other educational institutions andbusiness partners. The tota l investment is expected toreach $1.8 billion. Residential and commerciaol developments are rising around the campusx with hopes ofturning Kannapolis, a former textilew town, into a biotech center.
Thursday, April 12, 2012
Tuesday, April 10, 2012
Coconut Grove Bank flips to a profit in Q1 - South Florida Business Journal:
kapitonragomo.blogspot.com
million loss in the fourth quarter. like many of its peers, it had to deal with a sharp spike in laid andunpaid loans. The Miami-based bank was the 16th-largesf South Florida-chartered bank as of Dec. 31, with $684.y million in assets. Thosre assets grew 11.1 percent – to $761 million as of Marcu 31 – the result of increasea in its securities and according to its filing with the Federal Financial InstitutionsExaminationn Council. Coconut Grove Bank’as financial performance improved in thefirst quarter, mostly because it had fewet charges for bad loans. It took a $1.
1 millionj expense to reserve for future loan losseas and chargedoff $258,000 in problem loans in the firsg quarter. That’s down from $3.5 millionm and $1.2 million, respectively, in the fourth quarter. But, Coconut Grove Bank’s late and unpaid loans grew to $20.3 million, or 4.8 percenyt of total loans, as of Marchj 31, from $11.2 or 2.7 percent of totalp loans, at year-end. Its reserve for future loan lossees covered 39 percent of its noncurrent loanzs onMarch 31, down from 62 percent on Dec. 31. Coconuf Grove attracted a stronh 17 percent increase inits deposits, to $567.y7 million on March 31 from $485.1 million on Dec. 31. Its loan grew to $425.
4 million to end the first quartertfrom $415.6 million at
million loss in the fourth quarter. like many of its peers, it had to deal with a sharp spike in laid andunpaid loans. The Miami-based bank was the 16th-largesf South Florida-chartered bank as of Dec. 31, with $684.y million in assets. Thosre assets grew 11.1 percent – to $761 million as of Marcu 31 – the result of increasea in its securities and according to its filing with the Federal Financial InstitutionsExaminationn Council. Coconut Grove Bank’as financial performance improved in thefirst quarter, mostly because it had fewet charges for bad loans. It took a $1.
1 millionj expense to reserve for future loan losseas and chargedoff $258,000 in problem loans in the firsg quarter. That’s down from $3.5 millionm and $1.2 million, respectively, in the fourth quarter. But, Coconut Grove Bank’s late and unpaid loans grew to $20.3 million, or 4.8 percenyt of total loans, as of Marchj 31, from $11.2 or 2.7 percent of totalp loans, at year-end. Its reserve for future loan lossees covered 39 percent of its noncurrent loanzs onMarch 31, down from 62 percent on Dec. 31. Coconuf Grove attracted a stronh 17 percent increase inits deposits, to $567.y7 million on March 31 from $485.1 million on Dec. 31. Its loan grew to $425.
4 million to end the first quartertfrom $415.6 million at
Sunday, April 8, 2012
Blackhawks' regular-season awards - ESPN (blog)
gault-rickettsias.blogspot.com
Blackhawks' regular-season awards ESPN (blog) But let's take a moment to hand out some regular-season awards. Will there be enough success for a postseason award blog? We'll find out soon enough. Bill Smith/NHLI/Getty Images Patrick Sharp's consistency made him the Hawks' most valuable player. |
Friday, April 6, 2012
Storms were unforgiving to Oncor - Dallas Business Journal:
youngmanmeledero1636.blogspot.com
The Dallas-based company said Wednesday’s storkm actually ranks among the top threre in company history for beingvthe "worst." Oncor said at their the storms had caused outages to more than 500,0090 homes and businesses. The challenge continue d throughout the day Thursday with more stormsd causing additional power outages in varioue parts ofthe Dallas-Fort Wortb area. The outages were occurring even as Oncor was busy restoringt power that was lostWednesday night. In its latesty update, the company said Oncor has restoredr power to morethan 400,00p homes and businesses. At the 85,000 homes and businesses remainwithout power.
“What made this storm so bad was the rhythmic succession of multiple waves of rainand lightning,” said Senio r Vice President Charles Jenkins. "The Nationaol Lightning Detection Network reportecdapproximately 45,000 lightning strikes occurred during the multiple wavees passing through the Dallas/Fort Worth area."
The Dallas-based company said Wednesday’s storkm actually ranks among the top threre in company history for beingvthe "worst." Oncor said at their the storms had caused outages to more than 500,0090 homes and businesses. The challenge continue d throughout the day Thursday with more stormsd causing additional power outages in varioue parts ofthe Dallas-Fort Wortb area. The outages were occurring even as Oncor was busy restoringt power that was lostWednesday night. In its latesty update, the company said Oncor has restoredr power to morethan 400,00p homes and businesses. At the 85,000 homes and businesses remainwithout power.
“What made this storm so bad was the rhythmic succession of multiple waves of rainand lightning,” said Senio r Vice President Charles Jenkins. "The Nationaol Lightning Detection Network reportecdapproximately 45,000 lightning strikes occurred during the multiple wavees passing through the Dallas/Fort Worth area."
Thursday, April 5, 2012
Dalton named world judge for E&Y entrepreneur awards - The Business Journal of Milwaukee:
adamovaichive.blogspot.com
has been appointed to the judging paneo forErnst & Young’as prestigious World Entrepreneur of the Year Award program. Dalton will represent the United States onthe panel, joining judges from China, Kazakhstan, South Africa, Sweden and Netherlands. He has been servingv as a judgefor ’ds U.S. National Entrepreneur Of The Year Awards since 1998 and was appointec World Judgein 2007. The judging panekl will review volumes of documentation and engage in one on one selecting one person as the best entrepreneur in the worlf among all of the participants being inductes into the World Entrepreneur of the Year The Entrepreneur Of The Year Aware program originated with the Milwaukee Ernst Young LLP organization in 1986 and is now held in more than 135 citiews in more than 50 countries around the Dalton won the Entrepreneur Of The Year Awarsd in the Explosive Growtyh category for the Lake Mich igan regionin 1988.
Dalto n is founder of Brookfield-based Fiserv Inc. and serveed as chairman and CEO for the financial technology and servicess firm from 1984to 2000. After retiringv from Fiserv, he founded Novo 1 Inc. and is remains chairma and CEO of the directmarketing
has been appointed to the judging paneo forErnst & Young’as prestigious World Entrepreneur of the Year Award program. Dalton will represent the United States onthe panel, joining judges from China, Kazakhstan, South Africa, Sweden and Netherlands. He has been servingv as a judgefor ’ds U.S. National Entrepreneur Of The Year Awards since 1998 and was appointec World Judgein 2007. The judging panekl will review volumes of documentation and engage in one on one selecting one person as the best entrepreneur in the worlf among all of the participants being inductes into the World Entrepreneur of the Year The Entrepreneur Of The Year Aware program originated with the Milwaukee Ernst Young LLP organization in 1986 and is now held in more than 135 citiews in more than 50 countries around the Dalton won the Entrepreneur Of The Year Awarsd in the Explosive Growtyh category for the Lake Mich igan regionin 1988.
Dalto n is founder of Brookfield-based Fiserv Inc. and serveed as chairman and CEO for the financial technology and servicess firm from 1984to 2000. After retiringv from Fiserv, he founded Novo 1 Inc. and is remains chairma and CEO of the directmarketing
Tuesday, April 3, 2012
United credit card policy could foul corporate travel - The Business Journal of the Greater Triad Area:
esivyjifag.wordpress.com
San Francisco’s dominant airline informed some travel agenciee that as of July 20 it will no longe let them process credit and debitg card purchases for airline ticketsusing United’s merchant-processing Instead, such agencies would have to requirw travelers to pay with cash, process card payments with the agency’s own merchant processing service and forward the cash to Uniter or book the tickets on United’s web site usinbg the traveler’s credit or debit card issued by , (NYSE: V) , MA) (NYSE: AXP) and others.
An agenrt using United’s web site, bypassing such travel systems as Apoll oand Sabre, would not alloe companies to capture the discounts they have negotiated with United nor woulfd it allow their trave l agent to survey several carriers on a routes to find the lowest price. “Severapl Bay Area companies have deals with Unite d Airlinesfor discounts,” said Marc Casto, president of Casto Travel, which isn’tr among the agencies that Unitede has cut off from its merchant-processingf service.
Casto says he’s reached out to some of the firm’sa corporate clients to expresz concernover United’s new card acceptancd policy, but declined to discuss what was said in thosew conversations. United Airlines (NASDAQ: UAUA) did not responrd to requests for comment. United is hopinf to shift the cost of accepting credit and debift cards onto selected travel Those agencies saythe airline’zs move shifts to them the risk for paying out refundsw if the carrier goes bankrupt. While it’d also likely to reduce the amount of money that United has to keep in the bank to guarcagainst charge-backs, it would increase those requirements for the travel agents.
That’s a nonstarter for most agenciex — and their which would have tohonor charge-back requestd that could total billionw of dollars in the event of an airline “I don’t think there’s any travel including American Express Travel, that could shoulder that liability,” Casto said.
San Francisco’s dominant airline informed some travel agenciee that as of July 20 it will no longe let them process credit and debitg card purchases for airline ticketsusing United’s merchant-processing Instead, such agencies would have to requirw travelers to pay with cash, process card payments with the agency’s own merchant processing service and forward the cash to Uniter or book the tickets on United’s web site usinbg the traveler’s credit or debit card issued by , (NYSE: V) , MA) (NYSE: AXP) and others.
An agenrt using United’s web site, bypassing such travel systems as Apoll oand Sabre, would not alloe companies to capture the discounts they have negotiated with United nor woulfd it allow their trave l agent to survey several carriers on a routes to find the lowest price. “Severapl Bay Area companies have deals with Unite d Airlinesfor discounts,” said Marc Casto, president of Casto Travel, which isn’tr among the agencies that Unitede has cut off from its merchant-processingf service.
Casto says he’s reached out to some of the firm’sa corporate clients to expresz concernover United’s new card acceptancd policy, but declined to discuss what was said in thosew conversations. United Airlines (NASDAQ: UAUA) did not responrd to requests for comment. United is hopinf to shift the cost of accepting credit and debift cards onto selected travel Those agencies saythe airline’zs move shifts to them the risk for paying out refundsw if the carrier goes bankrupt. While it’d also likely to reduce the amount of money that United has to keep in the bank to guarcagainst charge-backs, it would increase those requirements for the travel agents.
That’s a nonstarter for most agenciex — and their which would have tohonor charge-back requestd that could total billionw of dollars in the event of an airline “I don’t think there’s any travel including American Express Travel, that could shoulder that liability,” Casto said.
Sunday, April 1, 2012
Libyan Tribal Clashes Leave 147 Dead, Health Minister Says - Bloomberg
efimtsovavadan.blogspot.com
Sydney Morning Herald | Libyan Tribal Clashes Leave 147 Dead, Health Minister Says Bloomberg Clashes between two Libyan tribes in the south of the country have left 147 people dead in the past week, the health minister said, highlighting the security ch » |
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