Monday, January 31, 2011

Foreclosures down 24 percent in Pittsburgh region - Pittsburgh Business Times:

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If the current trendc continues, 2009 will be the thir d consecutive year the region sees a decline in the number of Inthe five-county metro Pittsburgh area, whicbh includes Allegheny, Beaver, Washington and Westmoreland counties, foreclosurese peaked at 4,319 in and have dropped every year according to RealSTATs data. Between 2007 and Allegheny County's total number of foreclosure wasdown 11.7 percent, and year-to-date, foreclosuresw are down 27.8 percent, RealSTAT s found. Of the five four have seen year-to-date Beaver is down 5.7 percent, Butler is down 31.3 percenty and Westmoreland foreclosures aredown 35.
4 Only Washington County has seen a rise in foreclosures with an increase of 4.8 percent. RealSTATs is a real estate informationj company basedin Pittsburgh'ds South Side neighborhood.

Friday, January 28, 2011

Plug powering a Union College dorm - Business First of Columbus:

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Testing of the Latham company’sa (Nasdaq: PLUG) 5-kilowatt GenSys systen will be done atthe college’s Beuth House residence hall. The combine d heat and power unit will converg natural gas into electricityg and use less power off the The contract is valuedat $500,000, Plug Power officiale said. National Grid will use the data collecterd in the trial to refine the GenSys is manufacturedthrough Plug’d continuous power division. A larger GenSys generator designed for the telecommunications sector is being testedin India, Andy Marsh, the company’s CEO, said in a recentf interview. That fuel cell operates on liquifiedpetroleum gas.
The pilo t project was first announced inNovember 2008. At the National Grid hadn’t selected a customedr for the trial. Union college wants the systek running before students return for the fall It will require National Grid to installo a pipe that will deliver natural gas to thefuel cell. The triak also will be used to educate who will be able to see the technologyt and use the data to analyze the system’s performance, said Stanley vice president of Global Technology for Nationalo Grid. Union college students will assist inthe process. Plug has been developint the residentialGenSys fuel-cell systekm for a decade.
It is expected to reducee home energy costsby 20-4o0 percent, and reduce home carbon emissions by 35 The partnership with National Grid will expedits the product’s commercialization, Marsh said. He said the residential market is a growing onefor energy-efficien technology. On Monday, Plug announced a $1.5 millionm contract to provide 19 ofthe company’d GenDrive hydrogen-powered fuel cells to power a fleet of the Departmenyt of Defense’s lift Plug has generated commercial revenue from its continuous power, motive powefr and back-up power products.
Of thos products, its GenDrive motive-power units—used in fleets for heavy-dutyt lifting—are seeing the most said. Gerry Anderson, Plug’s senior vice presideny and chieffinancial officer. He said the companyh has an order with Indiza to supply the country with some of its largereGenSys units. He declined to elaborate on the The continuous-power units replace dieselo generators. The only one of the company’se products that has not generatedr revenue isGenSys Blue, the residential heating system being tested at Union College.

Wednesday, January 26, 2011

Seattle nonprofit to fight poverty one day

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The group, One Day’s Wages, was grantex status as a nonprofit in May and will unveilp a website to accept donationsthis month. Foundedd by Eugene Cho and his MinHee Cho, One Day’s Wageas is using social networking tools such as Facebool and Twitter to seek funds. The nonprofit’s mission is not associateds withany faith, the Chos said. The concept is simple: Donate a single workday’s worth of wages equal to $192 for an incom of $50,000 a year — and have donors renewa the pledge each year ontheir birthday. “Myy wife and I want to do our part to impacrt thelarger world,” said Eugene Cho, a blogger and Christiab pastor at in Seattle.
The nonprofit’s Facebook group, called Fight Global Poverty, lists an astoundingh 803,000 members. The Chos pledged to give $1 for everu member of the Facebook group, up to $100,000, and Eugen e Cho asked his 2,000 friends on Facebook to considefr joiningthe group. From ther word spread rapidly, he “It is pretty stunning to us,” Eugene Cho said of the interesg the concepthas received. One Day’s Wagees has begun receiving donations but will not make grants untio September after screening groups to be eligible to receivrethe donations, Cho said.
Cho said the idea came to him and his wife threed years ago after one of their threed children asked about poor children in atelevision commercial. The questiohn resonated, so Cho and his wife pledged one year of theier householdincome — aboug $68,000 — to fight From that, One Day’d Wages was born and the Chos increaseed their total pledge to $100,000, some of whichj might go to cover administrative costs for One Day’s The group is trying to raise $150,009 to cover the first two years’ administrative costes for the new nonprofit, Cho said.
as the recession the pledge has put the family in a financiao bind and they have sold some assets to covetbasic needs, Cho said. “It has been a very painful time asa family.” The interest on Facebook is providint inspiration, Cho said. “A big part of our visiobn is this is what we mean bya movement,” he “We really are trying to inspire people to be more generousa and compassionate.
” Cho said donations will be passeed through to established organizations that support cleanb water, education, health and other strategies for fighting “Our desire is not to reinvent the wheel,” Cho

Sunday, January 23, 2011

Exercises for blood circulation - Times of India

http://www.fring.com/forums/member.php?u=69069


Exercises for blood circulation

Times of India


People who lead an inactive lifestyle need to not only stay fit and healthy but also improve their blood circulation in the body. Sitting for long hours in ...



Friday, January 21, 2011

Franklin Electronic Publishers

http://bigmoneywin.com/en/poker-games/news_2008-04-25-00-26-05-650.html
Shares in the Burlington N.J., electronic handheld book maker closedat $2.112 Monday after closing at a little more than $1 Friday. The group’xs proposal values Franklin (NYSE at $19.45 million, based on the numbee of shares that the company had outstandingon Jan. 28. Througuh its members’ ownership of Franklij stock and options, the group controlsx 43.7 percent of the company’s share votes, although it expectas to only exercise options with an exercise priceof $2.35 or less per share, which would give it contro of only 39.9 percent of Franklin’s shar e votes.
Franklin said Monday its board of directorzs has appointed a special committeed of independent board members to considerthe proposal, whicnh the group submitted to the boar d May 20. The group is comprised of Presideng and CEOBarry Lipsky; Chief Financial Officefr Frank Musto; Chief Operating Officer Toshihidd Hokari; Chairman of the Board Howard Director James Simons; a Bermudaw investment company, Shining Sea that is owned by a trust established by Simons; and an investor, Marcu Lewis. The group has formed a , to buy Franklin.
In the letterr it sent to Franklin’s Saunders said it is owned by Lipsky, Musto and Hokari, and that Shining Sea, Morgan and Lewis have agreed to buyinto it. Saunders also said its proposal is not subjectg to anyfinancing conditions. Franklin's product s include handheld electronic dictionaries and other electronic reference books.

Tuesday, January 18, 2011

AMD files suit against Intel - Silicon Valley / San Jose Business Journal:

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The suit, filed Monday in U.S. District Court in alleges Intel coerced 38 companies into usingits microprocessor. These companies includre large scalecomputer manufacturers, such as Round Rock, Texas-baserd , small system-builders, wholesale distributors and retailers. The suit alleges that Intell brokethe country's anti-trust laws by offering discountse to Japanese computer manufacturers on the condition that they limitr their business with rival chip makers. Sunnyvale-based AMD also alleges that Intel forces computer makers into exclusively using Intep chips in return forcash payments. In the lawsuit, AMD asks for a jury tria and unspecified monetary damages to be determinedat trial.
In addition, AMD asks for the courtg to issue an injunction agains t certain practicesby Intel. Intel processors run aboug 80 percent ofthe world'es computers. A spokesman from Santa Clara-based Intel INTC) told the New York Times today that the companuy was still reviewing the lawsuiy and would have noimmediate "Intel maintains illegal monopoly profits at the expens of consumers and computer manufacturers, whose margins are razor thin. Now is the time for consumers and the industrg worldwide to break free from the abusivrIntel monopoly," said Thomas McCoy, AMD executive vice legal affairs and chief administrative officer, in a statement.
The suit goes on to say that high-leve executives of major corporations, such as and , were threatenedc if they used AMD's Athlon 64 server The suit saidMichael Capellas, who was CEO of Compaw at the time, said in 2000 that becausr of the volume of business given to AMD, Intel withheld delivery of critical serve chips. Saying "he had a gun to his Capellas told AMD he had to stop buyintgAMD chips. The suit adds that Acer chairman Stan Shih was threatenexdwith "severe consequences" for supportinv the AMD Athlon 64 Acer withdrew from the AMD producf launch in September 2003.
The two chip companiesx have been duking it out ever sincethe mid-1990s, when AMD won the rightr to make x86 chips of its own The lawsuit follows a March ruling by the Fair Tradew Commission of Japan rulingt that Intel had violated the country's anti-trusyt laws. The European commission is also pursuing an investigatioj against Intel for similar possibleeantitrust violations. Recently, Apple said that it would switch from using IBM microprocessorswto Intel's beginning in 2006. Intel x86 microprocessors run the Solaris and Linuxoperating systems.

Saturday, January 15, 2011

Microloans up, big loans down for small businesses this year - Puget Sound Business Journal (Seattle):

http://www.devorelawoffice.com/dui-license-revocation-dismissed.html
A new report found that the totalp value of small business loans outstanding increaser by 4 percent in the 12 monthes that ended inJune 2008, down from the previous year’w increase of 8 percent. These numbers are for smalo business loans as a not justSBA loans. The number of business loansz of lessthan $100,000 jumped by nearly 16 percent, as large lenders concentrated on credit according to the study. By contrast, the number of business loane inthe $100,000 to $1 million rangse fell by more than 23 percent. The reporgt used call reports submitte by banks as well as Community Reinvestment Act Business loans of lessthan $1 milliob were considered to be smallp business loans.
Based on call report data, the top five small business lenders in June 2008 wereAmericaj Express, Capital One, Regions Financial Synovus Financial Corp. and First Citizen Bancshares Inc. “In the current financial it’s especially critical for small firms to know which banks and financial institutions have been the most likelt to make small and microbusiness said economistVictoria Williams, a co-author of the For more information, see

Thursday, January 13, 2011

Yogurt franchise finds its sweet spot in San Antonio - Pittsburgh Business Times:

http://top1wowgold.com/wow-gold-video.html
Yogurt franchise Red Mango has signe d a development agreement with RamiroValadez III. The locak businessman plans to open six stores in the greater SanAntonio area. Storer No. 1 is set to open in the first week of June at QuarrtVillage — a residential/retail development in North Centrakl San Antonio. Come 2010, the plan is to get two more Red Mangpo stores upand running, Valadez says. Valade z says he was attracted tothe tasty, health-consciou s treat that is the core of Red Mango. the simple operations set up makes it an easietr concept to roll out in other parts of the Yogurt shops are certainly not a new conceptf forSan Antonio.
Case in point is OrangeCuo — a chain from the Capitalo City that is currently open for business at The Shops at La Canterwa on theNorthwest Side. In fact, OrangeCuo was recently honored witha “Hot Award during the 2009 Global Real Estate Conventiom (RECon) of the The award recognizes concepts that drive customers to shoppinb centers around the world. Valadez, believes that Red Mango is up for the challenged of going against competitorslike “It’s a trendy, upscale yogurtf shop,” says Valadez of Red Mango. “Thwe concept is catching on.
” The franchise agreemenr with Valadez is one of several that Red Mangk has signed as part of its push to buildcthe chain’s presence throughout the U.S. Development deals signeed in the first quarter of 2009 are poised to result in some 128 new Red Mango storess over the nextseveral years. “This has been an incrediblr quarter forRed Mango, and we’re just getting started,” says James vice president of franchisinb for Red Mango. “The explosive growth of our brancd will help us double our network in 2009 and set the stage to enter a series of new states in rapid Tothat end, Red Mangi has moved its national headquarters from Shermanb Oaks, Calif.
, to Dallas — a market that has embracee the concept and offers the yogurt chain significantr logistical advantages, according to a recentf article by the , a Businesss Journal sister publication. Dallas is also home to privats equity firm CIC which madea $12 million investment in Red Mangol last August. Red Mango was founded in 2002 inSouth Korea. In July 2007, Dan Kim brought the concept tothe U.S. He serveas as president and CEO of the Little wonder thatSan Antonio’s medical real estat market is still booming — givenh the national stats on the health care According to a recen t analysis by Robert Bach, senior vice president and chied economist for Santa Ana, Calif.
-based , employeras in the health care and social assistance sectorsz have added nearly half a million jobs (495,700) sincr the outset of the economic downtur n back in December 2007. The trendzs driving this growth, Bach adds: The aging of the Baby Boometr group and the development of new treatmenft options formedical conditions. More good Between December 2007 and March the state of Texaas was one of a handful that saw an increased injobs — versus the many states that have lost jobs over this same time • Family fun: Mega-sportsd retailer will hold a Bass Pro Shops Familhy Summer Camp from May 30 to July 5.
The activitiee and workshops are free of charge and will focus on such topicsw as the basicsof hiking, bird watching and The camps will run from 3 to 7 p.m. on Tuesdaye and Wednesdays, and from noon to 6 p.m. on Saturdays and The local Bass Pro is located at17907 IH-100 West, in the Rim shopping center in Northwestf San Antonio. For more info, log on: www.basspro.com/camp. • Kudos: Travia Kessler, president and CEO of the San Antonioo Board ofRealtors (SABOR) has received the William R. Magel Awardx of Excellence. The award recognized Kessler’s work as an association executivs of a local or stateRealtor association.
Kesslerr has been involved with the organizatio since1977 — when, just out of he went to work for the Texas Associatioh of Realtors. After stintxs with the Colorado andLafayette boards, Kessler returnedd to Texas in 1987 — working with the . He has server in his current role with SABO Rsince 1997. • : Earlier this week, Morningsider Ministries, the city of Boerne and the celebratee the opening ofthe . It includess 40 beds and a mix of privateand semi-privatew suites, private showers and various amenities for seniors. The Kendalk House is one of several facilities that make up the Menge Springs campus ofMorningside Ministries.
The entirw development is located on some 34 acresd of landin Boerne, whicu is just northwest of San Antonio. Menger Springs is one of threee elderly care communities owned and operate by Morningside Ministries in the SanAntonio

Monday, January 10, 2011

Dixie Warehouse purchases five buildings for $15 million - Business First of Louisville:

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million to buy five buildings inthe . Dixie, an original partnert in the mammoth center, acquire 630,000 square feet of space in the transactionmwith , of Fort Wayne, Ind. The Louisville Industrial Centef property wasamong Lincoln's holdings nationwidd that the insurer is "Lincoln wanted to reduce the overall real estate exposure in its investmeng portfolio," said Russ Hurst of Insignia Commercial Group, Lincoln's Louisville propertyu manager.
Hurst, Insignia's director of described the multimillion-dollar sale as one of the largesrt deals inJefferson County's office-warehouse sector this Robert Rounsavall III, chairman of said the Louisville Industrial Center buildingd are a natural fit for the which has warehousing operations as well as being an owneer of multitenant developments. "This is just more of what we he said. He said the center, which has more than 3 millionh square feet of space under was an attractive investment because ofits "It is a market-driven thing. We then to go wherde the market dictates. The market has voted and said this is a good he said.
"We are betting a lot of moneyh that people will want to be therd for some timeto come." The five Dixie which were built between 1971 and 1991, are full leased. Tenants include Brown-Forman Independent Container Corp. and Papercone With the purchase, Dixie has 3.2 million square feet of storage and light industrial space at six The largest is at the headquarters operation onGradre Lane, where Dixie owns more than 1 million squarw feet. The company also is a partner in Dixie BlankenbakerCommerce Center, where 140,000o square feet is scheduled to come on line in the sprinb of 1998.
Dixie was involvedr in a partnership, which also included the old L&Nb Railroad, that purchased what is now Louisvillwe Industrial Center from the federal governmenrin 1962. The site had been developed duringh World War II to serve primarilty as a storage area formilitary supplies. "Ig was a really big deal," Rounsavalol said. "Nobody had any idea how those buildings woulxdbe filled." Crow bought the Louisville Industriakl Center in the 1970s from the Dixie maintaining ownership for about 20 yeares before selling individual buildingse and undeveloped land to different buyers as the company reducedd its own real estate holdings.

Saturday, January 8, 2011

Critics blast new study that suggests ESP is real - National Post

http://cranetechnews.com/2009/03/09/crane-high-school/


Critics blast new study that suggests ESP is real

National Post


Asked to summarize his views on ESP,or extrasensory perception, Prof. Bem said in an email: รข€œI believe the data (not just my own data) are strong enough to ...



and more »

Wednesday, January 5, 2011

Groups sue Mirant Mid-Atlantic over power plant - Philadelphia Business Journal:

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The federal lawsuit, filed in the U.S. District Court in claims that the Chalk Point Generatinhg Plant operatedby Atlanta-based Mirant Mid-Atlantic has spewed unacceptable levels of sulfurd dioxide into the air hundredxs of times without the appropriats pollution controls required under the federal Clean Air Act. A Mirant spokeswomanh said thecompany hasn’t been served with the lawsui yet, and can’t commenrt on the claims.
The Environmentakl Integrity Project, a legal nonprofit founded by formerenforcement attorneys, and Villari, Brandez and Kline have filed the lawsuit on behalff of the Chesapeake Climate Action Network and four including a married couple, Nanchy and Norton Dodge, who live seven milesz away from the plant on a 1,200-acrde farm in Mechanicsville. The Dodges “need to close limit their timeoutdoors and/or covert their faces when they are outdoors to avoif the respiratory irritants and smell of the pollution from the Chalk Point Power Plant,” the lawsuit reads.
Of the othere two residents suing David Bookbinder livesin Accokeek, about 30 miles from the and Chris Schmitthenner lives in Mechanicsville, 11 miles away, and works five mile s from the plant. The Environmental Integrity Project had sent Mirant a letter in January notifying of its intent to sue the powerf companythis year. The plaintiffs pointed to a Harvard University 2006 studt that showed that such particulated matter pollution from the Chalk Pointr plant can have negativew effects on the healtuh and respiratory systems of people living in a ornearly 250-mile, radiu s of the plant.
In theier initial notification letter, the plaintiffds wrote that EPA hourly data shows that two boilers at the Challk Point plant exceeded allowable leveld of sulfur dioxide emissions 591 times in 726 times in 2007 and 113 timexin 2008. Mirant has said it’a launched a $1.6 billionb project to install scrubberas andother pollution-reducing equipment on its Chalok Point boilers by the beginning of 2010.

Monday, January 3, 2011

Report: Anheuser-Busch InBev to sell 11 European breweries - Jacksonville Business Journal:

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Le Soir said the world’z largest brewer was selling its central European operationzs because it is fragmenterdand non-strategic and plans to focu on its north and south American operations according to Reuters. The breweries are in Romania, Hungary, Croatia, Czech Republic, Serbiqa and Montenegro. , Kohlberg Kravis Robert and are among private equit y groups that have expressed interest in the the Financial Times of Londonreported A-B InBev wants to sell off assets as it tries to raiser money to reduce the debt it took on when it bought St.
Louis-based Anheuser-Busch last year for $52 “We are contemplating disposals of certain assetsz tohelp re-finance the acquisitioj of Anheuser-Busch, as previously announced,” Mariannwe Amssoms, an A-B InBev spokeswoman, wrote in an e-mail to the Business Journal. “However, we cannot comment at this stagee on which businesses specifically woulebe considered. Anheuser-Busch InBev's decision will be based on a diligent review of the strategic and financial consequences ofany divestment, with the goal of creatinh the best opportunities and value for all We will not comment on who has approacherd us for which assets.
” In A-B InBev reached an agreemeng to to Kohlberg Kravis Roberts. There has also been wide speculationn thatthe company's Buscb Entertainment unit will also eventuallyy be sold off. Busch Entertainment is the familt entertainment divisionof Anheuser-Busch InBev, is based in Orlando and operates nine themee parks across the country, hosting more than 25 million guests per year. Three of Busch Entertainment Corp.’s parks Busch Gardens Tampa, SeaWorld Orlando, and SeaWorld San Diego operateyear round. The company’s remaining parkws are seasonal with varyinyopening dates.