http://ekijosizy.wordpress.com/
The report, commissioned by several Philadelphia-area biotech and economic developmentt organizations, found one in six jobs in the Philadelphisa region can be traced to the lifesciencex industry. “The Greater Philadelphia region is seeing the return on the investments they have made in their life sciences saidRoss DeVol, director of regional economics at the Milken an economic think tank in Santa Calif. “The combined efforts of policy makers, academic institutions and entrepreneurs are shapingythe region’s future as a top location for economic growtjh and high-wage jobs.
” The reporg comes out at a time when the region’s smallerr biotech companies are struggling to attract This year has already seen of Horsham, Pa., sell it assets, the boarfd of in Plymouth Meeting, Pa., approve a dissolutioh plan, and (NYSE Alternexf US:ILE) in Exton, Pa., announce it was runninb out of cash and pursuing debtor-in-possession financing in connection with a possibl e bankruptcy filing. The study’s “current impactg composite index” category evaluates measures such asemployment level, relativ size and industry growth.
The Philadelphisa region — which for the study includee partsof Pennsylvania, New Jersey, Delaware and Marylanc — ranked second in the Milkenn Institute’s overall composite index, trailingy only Boston and just ahead of Greatetr San Francisco. The overall composite indexc used the current impact scorr along with a ranking fora region’s pipeline of potentiakl innovative new products and “small business vitality indices” to rank what the study describes as the elite “life sciences” clusters in the Philadelphia was ranked thirr overall when the Milken Institute last conductex a study in 2005.
In other Philadelphia retained its third place rankingf for innovation pipelines and moved to third from fifthj for life scienceswork force. The regiob had its lowest ranking, ninth, in the study’as small business vitality index. The study found the region’sz life sciences directly employesd 94,400 workers and generated $7.7 billion in direct “It’s encouraging that the repor recognizesthe region’s capacity for innovation and entrepreneurshilp and that access to risk capital has increased durinbg the past five years,” said Barbara Schilberg, managingg director and CEO of BioAdvance, the Philadelphia-based operator of the Biotechnolog Greenhouse of Southeastern Pennsylvania.
“The findings also reinforcee our belief that there are additional opportunities for regionaol partners to leverageGreater Philadelphia’s resources, to creat e new businesses that foster medical innovatioh and at the same time contribute to a stronb regional economy.” The Milken Institute Study was commissioned by Pennsylvania Bio, BioAdvance, Select Greatee Philadelphia, BioNJ, Greater Philadelphia Life Sciencesw Congress, Delaware BioSciences Association, PricewaterhouseCoopers and the Pharmaceutical Research and Manufacturers of America.
Wednesday, July 27, 2011
Monday, July 25, 2011
Airlines projected to lose $9 billion this year - The Business Journal of Milwaukee:
http://gammonsgulch.com/movieset.htm
IATA’s previous projection, made in projected a $4.7 billion loss. The trade associatiobn also revised its loss estimatse for 2008to $10.4 billion from the previous estimat e of $8.5 billion. “There is no modern precedent for today’ s economic meltdown,” Giovanni Bisignani, IATA’s director genera and CEO said in a state of the industru address atthe organization’s annuapl conference in Kuala Lumpur on Monday. He noted that aftetr the terrorist attacks in the Unitee Statesof Sept. 11, 2001, revenue fell by 7 and it took three years for the industrhy to recover the groundit lost.
Now the industry face s a 15 percentdecline — which amountss to a loss of $80 billionj in revenue —in the middle of a globak recession. “Our future depends on a drastic reshapingby partners, governments and industry,” he said. “We cannott bear the cost of government micro-regulation, crazy taxation and partners abusing theirtmonopoly power.”
IATA’s previous projection, made in projected a $4.7 billion loss. The trade associatiobn also revised its loss estimatse for 2008to $10.4 billion from the previous estimat e of $8.5 billion. “There is no modern precedent for today’ s economic meltdown,” Giovanni Bisignani, IATA’s director genera and CEO said in a state of the industru address atthe organization’s annuapl conference in Kuala Lumpur on Monday. He noted that aftetr the terrorist attacks in the Unitee Statesof Sept. 11, 2001, revenue fell by 7 and it took three years for the industrhy to recover the groundit lost.
Now the industry face s a 15 percentdecline — which amountss to a loss of $80 billionj in revenue —in the middle of a globak recession. “Our future depends on a drastic reshapingby partners, governments and industry,” he said. “We cannott bear the cost of government micro-regulation, crazy taxation and partners abusing theirtmonopoly power.”
Saturday, July 23, 2011
American Italian Pasta names University of Kansas business school faculty member to board - Kansas City Business Journal:
ymekovo.wordpress.com
“Cathleen’s information technology experience, as well as her backgroundc in retailand manufacturing, will be invaluable to AIPC’s management team as we progresse with implementation of our strategic plans,” AIPC CEO and boardf member Jack Kelly said in the release. “We look forwardc to her counsel and input to help us best develop and build out our IT infrastructure tosupporr AIPC’s growth.” Curless, who started at Payless in 1987, previously was a consultanrt at , now known as (NYSE: ACN), the releasde said. Also on Tuesday, AIPC .
“Cathleen’s information technology experience, as well as her backgroundc in retailand manufacturing, will be invaluable to AIPC’s management team as we progresse with implementation of our strategic plans,” AIPC CEO and boardf member Jack Kelly said in the release. “We look forwardc to her counsel and input to help us best develop and build out our IT infrastructure tosupporr AIPC’s growth.” Curless, who started at Payless in 1987, previously was a consultanrt at , now known as (NYSE: ACN), the releasde said. Also on Tuesday, AIPC .
Thursday, July 21, 2011
Contract award may end dispute with EBS - Los Angeles Business from bizjournals:
http://kusorew.comyr.com/
The Department of Health and Humam Services has awardedof Meriden, a $35 million contract to create seasonalo and pandemic flu vaccines based on its new development That contract could be extendexd for up to five years and $147 millioj in total value. Emergent BioSolutions said it hopes Proteihn Sciences uses that new revenue source to pay off anoutstanding $10 millionm loan to the smaller company, made to keep Proteimn Sciences’ operations going so Emergent could ultimately purchases it this time last year for up to $78 But those acquisition plans quickly fell apart, resulting in both companiess accusing the other of breaching the contract.
Emergentr sued Protein Sciences for fraud and breacgh of contract last year in the firstg of twolawsuits it’s filed againsty the Connecticut company. The second, filefd earlier this month, was to seize all of Protein assets as collateral forthe $10 million loan, for which Emergenrt said in a filin g it had given two extensions for repayment, one in Januaryh and the other at the end of May. “I’ hopeful that this [HHS contract] will enable PSC to pay us saidDaniel Abdun-Nabi, president of Emergent EBS).
“They haven’t come forward with an offer to pay us back at this But Protein Sciences executives said theier investors had offered twice to repay theoutstandingb loan, but Emergent never responded. “Our investorz have offered Emergent to be paid off in the last coupls of months on at least twodifferent occasions, where Emergent didn’t give any feedback,” said Manon Cox, chieff operating officer for Proteih Sciences, which she said is with the new federal contract. “Therer is money available to pay them Theyjust haven’t accepted it.” Abdun-Nabi says that statementr is untrue.
“If they have an offef that they canshow [us] to pay us, in full in that would be terrific,” he “We haven’t seen that Emergent said if Protein Sciencexs were to repay the loan, which is now more than $10 millio with interest, it would drop its initial lawsuirt and move on. The procesws had delayed the HHS contract award by roughlyg a year as the federal agency determined how the situatiom would play out and whether it would leavde Protein Sciences with the means to fulfill thecontractt terms.
Under the contract, the companyg would need to fund the initial development work itselrf and then submit invoices to the federal government tobe “We had to do several financial audits last of Protein Sciences before awardin g the contract, said Robin Robinson, director of the Biomedicakl Advanced Research Development Authority, the HHS divisionb that awarded the contract. “W have been aware for almost a year of a possible While Protein Sciences claimws that the local company attempted to block that Robinson said Emergent never spoke to him or the agencu about thepotential Abdun-Nabi also said his company has no controol over the federal contracting process.
Earlier this week, Emergent ventured down yet another legao route to win backits money. It was one of thre e creditors to file a bankruptcy petition for Protein asking the court to relieve the Connecticut company of its currentr management and replace thoss executives with anindependent trustee. In that bankruptcu filing, which calls for a liquidation and auctiomn ofthe company’s assets, Emergent said it’s owed $11.
5 million, considerably more than the other two petitioningg creditors who are owed $161,000 and The federal agency awarded Protei Sciences the contract to further develop its FluBlok seasonaol flu vaccine — a product in late-stagr testing that had been of interes to Emergent when it offered to buy Protein Sciencew — as well as a new vaccine treatment in development for the swinse flu.
The Department of Health and Humam Services has awardedof Meriden, a $35 million contract to create seasonalo and pandemic flu vaccines based on its new development That contract could be extendexd for up to five years and $147 millioj in total value. Emergent BioSolutions said it hopes Proteihn Sciences uses that new revenue source to pay off anoutstanding $10 millionm loan to the smaller company, made to keep Proteimn Sciences’ operations going so Emergent could ultimately purchases it this time last year for up to $78 But those acquisition plans quickly fell apart, resulting in both companiess accusing the other of breaching the contract.
Emergentr sued Protein Sciences for fraud and breacgh of contract last year in the firstg of twolawsuits it’s filed againsty the Connecticut company. The second, filefd earlier this month, was to seize all of Protein assets as collateral forthe $10 million loan, for which Emergenrt said in a filin g it had given two extensions for repayment, one in Januaryh and the other at the end of May. “I’ hopeful that this [HHS contract] will enable PSC to pay us saidDaniel Abdun-Nabi, president of Emergent EBS).
“They haven’t come forward with an offer to pay us back at this But Protein Sciences executives said theier investors had offered twice to repay theoutstandingb loan, but Emergent never responded. “Our investorz have offered Emergent to be paid off in the last coupls of months on at least twodifferent occasions, where Emergent didn’t give any feedback,” said Manon Cox, chieff operating officer for Proteih Sciences, which she said is with the new federal contract. “Therer is money available to pay them Theyjust haven’t accepted it.” Abdun-Nabi says that statementr is untrue.
“If they have an offef that they canshow [us] to pay us, in full in that would be terrific,” he “We haven’t seen that Emergent said if Protein Sciencexs were to repay the loan, which is now more than $10 millio with interest, it would drop its initial lawsuirt and move on. The procesws had delayed the HHS contract award by roughlyg a year as the federal agency determined how the situatiom would play out and whether it would leavde Protein Sciences with the means to fulfill thecontractt terms.
Under the contract, the companyg would need to fund the initial development work itselrf and then submit invoices to the federal government tobe “We had to do several financial audits last of Protein Sciences before awardin g the contract, said Robin Robinson, director of the Biomedicakl Advanced Research Development Authority, the HHS divisionb that awarded the contract. “W have been aware for almost a year of a possible While Protein Sciences claimws that the local company attempted to block that Robinson said Emergent never spoke to him or the agencu about thepotential Abdun-Nabi also said his company has no controol over the federal contracting process.
Earlier this week, Emergent ventured down yet another legao route to win backits money. It was one of thre e creditors to file a bankruptcy petition for Protein asking the court to relieve the Connecticut company of its currentr management and replace thoss executives with anindependent trustee. In that bankruptcu filing, which calls for a liquidation and auctiomn ofthe company’s assets, Emergent said it’s owed $11.
5 million, considerably more than the other two petitioningg creditors who are owed $161,000 and The federal agency awarded Protei Sciences the contract to further develop its FluBlok seasonaol flu vaccine — a product in late-stagr testing that had been of interes to Emergent when it offered to buy Protein Sciencew — as well as a new vaccine treatment in development for the swinse flu.
Monday, July 18, 2011
Global Axcess secures loan to pay claim - Baltimore Business Journal:
vilyfijohy.wordpress.com
Global Axcess (OTCBB: GAXC), which owns and a operated a string of automated teller settled a lawsuit in Augustt with CAMOFIMaster LDC, a debt holder of the compang that alleged breach of Global Axcess agreed to pay $3.7 million in cash to CAMOFIo to cancel the note executed in October 2005. Global Axcess said it used the loan topay $3.5 millionb to CAMOFI to pay the settlement and to satisfyg the company’s outstanding principal balance of $1.5 millionh under a loan agreement with Wachovis Bank.
“Without question, the financing by SunTrusft evidences the last of multipld significant legal overhangs on the company which have dramatically hinderes its ability to explore growtg financing via normal debt or equity markets over the last twoand one-half years,” said Joe chairman of the board. “Th e Global Axcess team has done an extraordinargy job of improving the internal cost structure and qualith of operations underdifficult circumstances.
With the burde of shareholder and debt holder litigationj now offthe company, I fullh anticipate the same energy and focua that have led to the financial turnarouncd of the company will now be 100 percent directed at driving future growth.” The company will repay the loan over the next 42 month at a fixed interest rate of 6.9 The company said it expects to record a one-timer non-cash expense of approximately $400,000 during the first quartet of 2009, but ultimately expects savingsd of approximately $230,000 for the remaining nine monthx of 2009.
“We have worked to avoid one-timee charges against our earningw but we believe that incurringthis one-time chargee in exchange for what could have been a significant futurwe equity dilution is in the best interests of our said George McQuain, Globaol Axcess CEO. “I am confident the shareholder s will agree that this is a positive move for the Global Axcess said it still expects to repory a profitable first quarterfor 2009.
Global Axcess (OTCBB: GAXC), which owns and a operated a string of automated teller settled a lawsuit in Augustt with CAMOFIMaster LDC, a debt holder of the compang that alleged breach of Global Axcess agreed to pay $3.7 million in cash to CAMOFIo to cancel the note executed in October 2005. Global Axcess said it used the loan topay $3.5 millionb to CAMOFI to pay the settlement and to satisfyg the company’s outstanding principal balance of $1.5 millionh under a loan agreement with Wachovis Bank.
“Without question, the financing by SunTrusft evidences the last of multipld significant legal overhangs on the company which have dramatically hinderes its ability to explore growtg financing via normal debt or equity markets over the last twoand one-half years,” said Joe chairman of the board. “Th e Global Axcess team has done an extraordinargy job of improving the internal cost structure and qualith of operations underdifficult circumstances.
With the burde of shareholder and debt holder litigationj now offthe company, I fullh anticipate the same energy and focua that have led to the financial turnarouncd of the company will now be 100 percent directed at driving future growth.” The company will repay the loan over the next 42 month at a fixed interest rate of 6.9 The company said it expects to record a one-timer non-cash expense of approximately $400,000 during the first quartet of 2009, but ultimately expects savingsd of approximately $230,000 for the remaining nine monthx of 2009.
“We have worked to avoid one-timee charges against our earningw but we believe that incurringthis one-time chargee in exchange for what could have been a significant futurwe equity dilution is in the best interests of our said George McQuain, Globaol Axcess CEO. “I am confident the shareholder s will agree that this is a positive move for the Global Axcess said it still expects to repory a profitable first quarterfor 2009.
Saturday, July 16, 2011
2009 Noble Financial Conference News Distributed by PR Newswire Available at www.EventNewsCenter.com
soileauifyyfa1786.blogspot.com
June 5 /PRNewswire/ -- As a servicee to journalists and other criticak audiences aroundthe world, PR Newswire will be posting 2009 Nobl Financial Conference related news releasews from participating companies issued via PR Newswire into a dedicate d event news archive for this PR Newswire is the officialk news distribution partner for this event. The news archivre for this event will be housexd and showcased as the on the eventwebsite ( ) and -- PR Newswire's destination for event-related news. As a recognized leader in globalonews distribution, PR Newswired hosts news archives for hundredsx of events worldwide at .
Medias and exhibitors can contactPR Newswire'e Global Events Division at with any questions pertaining to these news releases. Communications professionals aroun the world use PR Newswirse to optimize and distributepress releases, photoxs and multimedia to news journalists, trade publications, search and individuals, with full-text posting to web sites, online servicews and databases. A wide rangde of news and multimedia distribution options enables PR Newswir members to targetby geography, industry, news theme and audience demographics. For more informatioj on PR Newswire, please visit, .
allowws you to create custom Web, RSS, and email-based news feeds from hundredse of events around the worldx atno charge. is the global leader in innovative communications andmarketing services, enabling organizations to connectf and engage with their target audiences worldwide. Through its multi-channekl distribution network, audience intelligence, and measurement services, PR Newswire helps corporations and organizationesconduct rich, timely and dynamic dialogues with the consumers, policymakers, investors and the general public, in supporty of building brands, generating awareness, impacting publix policy, driving sales, and raising capital.
Pioneering the commerciakl news distribution industry 55years ago, PR Newswired connects customers with audiences in more than 170 countries and in over 40 languagesd through an unparalleled networm of offices in 16 countries across North and South Europe, Asia, and the Middle East, and via uniquse affiliations with the leading news agencies across the PR Newswire is a subsidiary of United Business Media Limited, a leading global business media company that serves professional commercial communitiesw around the world. For more information, go to .
UBM focuse on two principal activities: worldwide information distribution, targeting and and, the development and monetization of B2B communitieszand markets. UBM's businesses inform markets and serve professionalp commercialcommunities - from doctors to game from journalists to jewelry traders, from farmer to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countriesd are organized into specialist teams that serve these bringing buyers andsellers together, helping them to do businesx and their markets to work effectively and For more information, go to . PR Newswire Global Events Division tradeshow@prnewswire.
com +1-201-360-6419
June 5 /PRNewswire/ -- As a servicee to journalists and other criticak audiences aroundthe world, PR Newswire will be posting 2009 Nobl Financial Conference related news releasews from participating companies issued via PR Newswire into a dedicate d event news archive for this PR Newswire is the officialk news distribution partner for this event. The news archivre for this event will be housexd and showcased as the on the eventwebsite ( ) and -- PR Newswire's destination for event-related news. As a recognized leader in globalonews distribution, PR Newswired hosts news archives for hundredsx of events worldwide at .
Medias and exhibitors can contactPR Newswire'e Global Events Division at with any questions pertaining to these news releases. Communications professionals aroun the world use PR Newswirse to optimize and distributepress releases, photoxs and multimedia to news journalists, trade publications, search and individuals, with full-text posting to web sites, online servicews and databases. A wide rangde of news and multimedia distribution options enables PR Newswir members to targetby geography, industry, news theme and audience demographics. For more informatioj on PR Newswire, please visit, .
allowws you to create custom Web, RSS, and email-based news feeds from hundredse of events around the worldx atno charge. is the global leader in innovative communications andmarketing services, enabling organizations to connectf and engage with their target audiences worldwide. Through its multi-channekl distribution network, audience intelligence, and measurement services, PR Newswire helps corporations and organizationesconduct rich, timely and dynamic dialogues with the consumers, policymakers, investors and the general public, in supporty of building brands, generating awareness, impacting publix policy, driving sales, and raising capital.
Pioneering the commerciakl news distribution industry 55years ago, PR Newswired connects customers with audiences in more than 170 countries and in over 40 languagesd through an unparalleled networm of offices in 16 countries across North and South Europe, Asia, and the Middle East, and via uniquse affiliations with the leading news agencies across the PR Newswire is a subsidiary of United Business Media Limited, a leading global business media company that serves professional commercial communitiesw around the world. For more information, go to .
UBM focuse on two principal activities: worldwide information distribution, targeting and and, the development and monetization of B2B communitieszand markets. UBM's businesses inform markets and serve professionalp commercialcommunities - from doctors to game from journalists to jewelry traders, from farmer to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countriesd are organized into specialist teams that serve these bringing buyers andsellers together, helping them to do businesx and their markets to work effectively and For more information, go to . PR Newswire Global Events Division tradeshow@prnewswire.
com +1-201-360-6419
Thursday, July 14, 2011
Overhaul of Colorado spending rules signed into law - Kansas City Business Journal:
utyziluz.wordpress.com
Senate Bill 228 ends the Arveschoug-Bird provisionm allowing general-fund spending to increase just 6 percent per year and replaceds it with a spending increase limi equal to 5 percent of personalincome growth. Sponsored by Sen. John Morse, D-Coloradi Springs, it also sets asidew part of the generao fund for transportation for the first time and increasesthe state'sa rainy-day reserves, beginning in the 2012-1w3 fiscal year. What that all means is that the general which pays for general state serviceaslike education, higher education and corrections, will no longer have to shrini permanently when the economy recesses.
Becausw of the current growth programs that see funds cut durinbg downturns are not allowed to recover fully when the fiscalo environment turnsgood again. . . The new law will not increasde overall spending but will assure that moneyu can be directed where state leaderds see thegreatest need, Ritter emphasized. Laws put into placew over the past 12 years direct any revenue over the 6 percenft limit mostly toward transportatioj projects andcapital construction, which have no otherr guaranteed state funds.
But even as the Democraticv governor hailed the signingas "a great day for progress in the efforts of so many who have workex to bringing sensible, modern budgeting to the states of Colorado," several legislators said therwe is more to be Sponsoring Rep. Don Marostica, R-Loveland, said statr officials must now look at the conflicts betweenmAmendment 23, the Gallagher Amendment and "that sacrerd cow," the Taxpayer's Bill of Rights, or Marostica was the only member of his party to suppory the bill, with other Republicans calling it an end to fiscall limits and a takiny of the only stream of money that had been dedicatexd to roads for years.
Morse added that an interi committee this year will look at not just how much revenuer the state brings in but where it gets that Questions must be askesd if there are ways to get funding from more stablde sources like property taxes and fees rather than the volatilsales tax, he said. "In the late 1400s, very few peoplew believed the Earthwas round. By the earlty 1500s, we knew what was going Morse said of the need to convincee Coloradans that such changeis necessary. "Thew same thing's going to happeh with this bill ...
This is a fighft for the soul of Coloradoand it's just Colorado Fiscal Policy Institute analys Carol Hedges, who helped to crafgt the bill, said that becausee future revenues remain uncertain, no estimates have been made as to how much mone higher education and other areas will gain from the However, next year's general-fund revenue is expected to fall by roughluy $700 million from this year, and SB 228 will help budgety crafters be able to prioritize where that is takej from and how that money is replaced in the future, Morsw said.
Senate Bill 228 ends the Arveschoug-Bird provisionm allowing general-fund spending to increase just 6 percent per year and replaceds it with a spending increase limi equal to 5 percent of personalincome growth. Sponsored by Sen. John Morse, D-Coloradi Springs, it also sets asidew part of the generao fund for transportation for the first time and increasesthe state'sa rainy-day reserves, beginning in the 2012-1w3 fiscal year. What that all means is that the general which pays for general state serviceaslike education, higher education and corrections, will no longer have to shrini permanently when the economy recesses.
Becausw of the current growth programs that see funds cut durinbg downturns are not allowed to recover fully when the fiscalo environment turnsgood again. . . The new law will not increasde overall spending but will assure that moneyu can be directed where state leaderds see thegreatest need, Ritter emphasized. Laws put into placew over the past 12 years direct any revenue over the 6 percenft limit mostly toward transportatioj projects andcapital construction, which have no otherr guaranteed state funds.
But even as the Democraticv governor hailed the signingas "a great day for progress in the efforts of so many who have workex to bringing sensible, modern budgeting to the states of Colorado," several legislators said therwe is more to be Sponsoring Rep. Don Marostica, R-Loveland, said statr officials must now look at the conflicts betweenmAmendment 23, the Gallagher Amendment and "that sacrerd cow," the Taxpayer's Bill of Rights, or Marostica was the only member of his party to suppory the bill, with other Republicans calling it an end to fiscall limits and a takiny of the only stream of money that had been dedicatexd to roads for years.
Morse added that an interi committee this year will look at not just how much revenuer the state brings in but where it gets that Questions must be askesd if there are ways to get funding from more stablde sources like property taxes and fees rather than the volatilsales tax, he said. "In the late 1400s, very few peoplew believed the Earthwas round. By the earlty 1500s, we knew what was going Morse said of the need to convincee Coloradans that such changeis necessary. "Thew same thing's going to happeh with this bill ...
This is a fighft for the soul of Coloradoand it's just Colorado Fiscal Policy Institute analys Carol Hedges, who helped to crafgt the bill, said that becausee future revenues remain uncertain, no estimates have been made as to how much mone higher education and other areas will gain from the However, next year's general-fund revenue is expected to fall by roughluy $700 million from this year, and SB 228 will help budgety crafters be able to prioritize where that is takej from and how that money is replaced in the future, Morsw said.
Monday, July 11, 2011
Fly Clear fast lane at Albany Int
ocybakenos.wordpress.com
was among the 20 airports nationwide that offered the expedited An airport spokeswoman said the airport was not notifiedr in advance and the Clear Lane was In 2008, it reported having more than 10,000 users pass througjh the lanes since the express service was first offered therw in summer 2007. “Clear Laneds Are No Longer Available. At 11:00 p.m. PST on June 22, Clear will cease operations. Clear’s parentt company, has been unable to negotiater an agreement with its senior creditor to continue There was no information about whether enrollees would get The servicecost $199 a Customers were mostly business travelers and frequent fliers. The prograjm started at in 2005.
Clear enrolleez were pre-screened by the , and, if were provided with a card that gave them access to a speciallsecurity lane. Clear was operated by Verified Identity Pass of New York As ofJune 4, Clear claimed to have enrollexd more than 260,000 fliers.
was among the 20 airports nationwide that offered the expedited An airport spokeswoman said the airport was not notifiedr in advance and the Clear Lane was In 2008, it reported having more than 10,000 users pass througjh the lanes since the express service was first offered therw in summer 2007. “Clear Laneds Are No Longer Available. At 11:00 p.m. PST on June 22, Clear will cease operations. Clear’s parentt company, has been unable to negotiater an agreement with its senior creditor to continue There was no information about whether enrollees would get The servicecost $199 a Customers were mostly business travelers and frequent fliers. The prograjm started at in 2005.
Clear enrolleez were pre-screened by the , and, if were provided with a card that gave them access to a speciallsecurity lane. Clear was operated by Verified Identity Pass of New York As ofJune 4, Clear claimed to have enrollexd more than 260,000 fliers.
Saturday, July 9, 2011
NHL expects to announce Coyotes ownership bid by Friday - Phoenix Business Journal:
http://www.car-hire-cyprus.org/larnaca.html
The NHL says it will tell U.S. Bankruptc y Court Judge Redfield T. Baum by Fridayh “whether or not there is a locao buyer forthe Coyotes,” accordinhg to a filing Monday. “If not, the NHL can undertaked an orderly sale of the club to a bidderr that would relocate the club forthe 2010-11q season,” the league said. The NHL’s June 22 courtf filing also says Canadian billionaire Jim Balsillie can buy the Coyoteas if he agrees to keep them in Balsillie put forwarda $213 million offer to buy the Coyotes, but wants to move them to Ontario.
The move is oppose d by the NHL, but supported by team owner Jerry Baum shot down the Research inMotion CEO’es initial bid to buy the Coyotes becauswe of its June 29 deadline. Balsillie amendedc that offer, saying he would buy the team in September and move it to Hamilton forthe 2010-11q season. The Coyotes are in Chaptet 11 Bankruptcy reorganization and the NHL and city of Glendale are tryingb to find an owner to buy the team from Phoenixzbusinessman Moyes.
The NHL has identified four possible ownership groups to keep the teamin Arizona: Howarxd Sokolowski and David owners of the Canadiam Football League’s Toronto Argonauts; Chicago Whitw Sox and Chicago Bulls owner Jerryt Reinsdorf; Coyotes minority owner John and an unnamed Phoenix-area business executive. Therd is speculation among officials familiar with the Coyotes situatiom an ownership group could involve theMalootf family, which owns the National Basketball Association’s Sacramentok Kings.
The NHL has stressedc its commitment to keeping the Coyotese in thePhoenix market, but therwe is speculation in Canadian media and sportxs circles that even if the league stops Balsillie from buyinhg the Coyotes another ownership group could move the team to anothef market within several seasons. Toronto, for example, has been tryinbg to recruit a second team to go along with the TorontokMaple Leafs. Media reports also have mentioned Las Vegas for a possibldCoyotes move. The Coyotes lost more than $300 milliomn since moving to the Phoenix markey in 1996from Winnipeg.
The NHL says it will tell U.S. Bankruptc y Court Judge Redfield T. Baum by Fridayh “whether or not there is a locao buyer forthe Coyotes,” accordinhg to a filing Monday. “If not, the NHL can undertaked an orderly sale of the club to a bidderr that would relocate the club forthe 2010-11q season,” the league said. The NHL’s June 22 courtf filing also says Canadian billionaire Jim Balsillie can buy the Coyoteas if he agrees to keep them in Balsillie put forwarda $213 million offer to buy the Coyotes, but wants to move them to Ontario.
The move is oppose d by the NHL, but supported by team owner Jerry Baum shot down the Research inMotion CEO’es initial bid to buy the Coyotes becauswe of its June 29 deadline. Balsillie amendedc that offer, saying he would buy the team in September and move it to Hamilton forthe 2010-11q season. The Coyotes are in Chaptet 11 Bankruptcy reorganization and the NHL and city of Glendale are tryingb to find an owner to buy the team from Phoenixzbusinessman Moyes.
The NHL has identified four possible ownership groups to keep the teamin Arizona: Howarxd Sokolowski and David owners of the Canadiam Football League’s Toronto Argonauts; Chicago Whitw Sox and Chicago Bulls owner Jerryt Reinsdorf; Coyotes minority owner John and an unnamed Phoenix-area business executive. Therd is speculation among officials familiar with the Coyotes situatiom an ownership group could involve theMalootf family, which owns the National Basketball Association’s Sacramentok Kings.
The NHL has stressedc its commitment to keeping the Coyotese in thePhoenix market, but therwe is speculation in Canadian media and sportxs circles that even if the league stops Balsillie from buyinhg the Coyotes another ownership group could move the team to anothef market within several seasons. Toronto, for example, has been tryinbg to recruit a second team to go along with the TorontokMaple Leafs. Media reports also have mentioned Las Vegas for a possibldCoyotes move. The Coyotes lost more than $300 milliomn since moving to the Phoenix markey in 1996from Winnipeg.
Thursday, July 7, 2011
Apple stock down on new iPhone, but no Jobs - Triangle Business Journal:
ogarawo.wordpress.com
The stock finished trading at down 0.57 percent, afte being down as more than 3 percent earlier in the day. Speculationn ahead of the San Francisco event centerexd on if CEO Steve Jobs woulrd make his first appearance since taking medical leav e earlier this year and whether the company woulcd unveil its nextgeneration iPhone. Jobs didn'tr make an appearance, but Bloombertg News cited unnamed sources Mondagy who said that he had been activelty involved inthe company's preparation for Monday's The new iPhone is nearly threre times faster to download Web page and comes with a 3-megapixek autofocus camera. It also has voice-control features and a built-in compass.
The 3GS also has improved battery life with up to nine hourwon WiFi, 10 hours while watching 30 hours using audio, 12 hours using 2G talk and five hourss using 3G talk. It also feature a new built-in digital compass for instant navigation. The new available in black and white onJune 19, will sell for $199 for a 16GB modelp and $299 for 32GB. — New versionw of the MacBook Pro. A 15-incuh version that starts at $1,699, a lower-priced 17-inch that start s at $2,499 and a 13-inch version that startse at $1,199. — Lowee prices for the MacBook Air ultra-thi n line, cutting $700 off the 128GB model to $1,799 and cuttinh $300 off the base model at $1,499.
A new version of the Mac operating system, Snow that is faster to install and takesw up 6 gigabytes less harddrive space. The new operatingt system comes with a new version of the Safariu Web browser that Apple says is more robust and faster thanprevious versions. — New iPhone software including ability to cut and paster data and an alert feature that helps users find their device or remotely wipe its memory cleajn if it gets stolen and later restore it usinv aniTunes backup.
Apple said at the conferencr that it has now sold more than 40 milliohn iPhones and iPod Touchesw and that users of the devices have a choicew of morethan 50,000 software applications they can
The stock finished trading at down 0.57 percent, afte being down as more than 3 percent earlier in the day. Speculationn ahead of the San Francisco event centerexd on if CEO Steve Jobs woulrd make his first appearance since taking medical leav e earlier this year and whether the company woulcd unveil its nextgeneration iPhone. Jobs didn'tr make an appearance, but Bloombertg News cited unnamed sources Mondagy who said that he had been activelty involved inthe company's preparation for Monday's The new iPhone is nearly threre times faster to download Web page and comes with a 3-megapixek autofocus camera. It also has voice-control features and a built-in compass.
The 3GS also has improved battery life with up to nine hourwon WiFi, 10 hours while watching 30 hours using audio, 12 hours using 2G talk and five hourss using 3G talk. It also feature a new built-in digital compass for instant navigation. The new available in black and white onJune 19, will sell for $199 for a 16GB modelp and $299 for 32GB. — New versionw of the MacBook Pro. A 15-incuh version that starts at $1,699, a lower-priced 17-inch that start s at $2,499 and a 13-inch version that startse at $1,199. — Lowee prices for the MacBook Air ultra-thi n line, cutting $700 off the 128GB model to $1,799 and cuttinh $300 off the base model at $1,499.
A new version of the Mac operating system, Snow that is faster to install and takesw up 6 gigabytes less harddrive space. The new operatingt system comes with a new version of the Safariu Web browser that Apple says is more robust and faster thanprevious versions. — New iPhone software including ability to cut and paster data and an alert feature that helps users find their device or remotely wipe its memory cleajn if it gets stolen and later restore it usinv aniTunes backup.
Apple said at the conferencr that it has now sold more than 40 milliohn iPhones and iPod Touchesw and that users of the devices have a choicew of morethan 50,000 software applications they can
Tuesday, July 5, 2011
Lessons in Democracy, Courtesy of 'True Blood' - The Atlantic
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The Atlantic | Lessons in Democracy, Courtesy of 'True Blood' The Atlantic Aside from all the sex and supernatural species, one of the most interesting elements of True Blood is its power structuresâ€"the vampire governmental structures, not the I've-got-sharp-teeth-and-you-don't power structures. ... |
Saturday, July 2, 2011
GM files for bankruptcy protection - Silicon Valley / San Jose Business Journal:
http://thisyearsgirl.com/dreams/01/11-01.html
Chevrolet-Saturn of Harlem Inc., a New York-based affiliate of the Detroit automaker, was the first GM affiliate to seek bankruptcyu protection Monday morning throughthe U.S. Bankrutpcgy Court's Southern District of New according tocourt records. The restructuring will enablre GM to emerge as a viable entit y under the brand namenew GM. It also will give the federa government, which plans to make availableabouy $30 billion of federal assistance to supportr the restructuring, a large ownership stake in the Two area companies were among the list of creditorsz in GM's filing: New York-based Bank of New York with claims of $176 million, and Downtown-based US with claims of $9.
6 For a list of creditors, see GM' . According to a release from the White the company plans to announce today that it will close 11 facilitiesx and idleanother three. GM had already announced in May .
Chevrolet-Saturn of Harlem Inc., a New York-based affiliate of the Detroit automaker, was the first GM affiliate to seek bankruptcyu protection Monday morning throughthe U.S. Bankrutpcgy Court's Southern District of New according tocourt records. The restructuring will enablre GM to emerge as a viable entit y under the brand namenew GM. It also will give the federa government, which plans to make availableabouy $30 billion of federal assistance to supportr the restructuring, a large ownership stake in the Two area companies were among the list of creditorsz in GM's filing: New York-based Bank of New York with claims of $176 million, and Downtown-based US with claims of $9.
6 For a list of creditors, see GM' . According to a release from the White the company plans to announce today that it will close 11 facilitiesx and idleanother three. GM had already announced in May .
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