Tuesday, May 31, 2011
Colorado launches long-term care insurance program - Dallas Business Journal:
The "Own Your Future" unveiled Tuesday, is overseen by various stater agencies under thelabel "Colorado Long-Term Care The program will make available an insuranced program to Coloradans ages 45 to 65 through private The program "enables Colorado residents who purchase Long-Ternm Care Partnership insurance to have more of theitr assets protected if they later need the states Medicaid program to help pay for their long-term . Those applying for Medicaid mightt otherwise haveto "spend more of their own assetss in order to be eligible for Medicaisd coverage.
"Colorado is using this approach to give its citizensd greater control over how they financwtheir long-term care and to help shorr up the public safety net against upcoming demographidc pressures," the website says. Such partnershipa were established by federal law in 2006 to help preservse the stability of state Medicaid programs and to promoteprivate long-term care programs. Agencies involvec include the state Department of Health Care Polictyand Financing, the Divisio of Insurance, the Department of Human Service’s Divisionn of Aging and Adul Services and the Governor’s Office. Coloradko Gov.
Bill Ritter was to kick off the campaign at a statre Capitol news conferenceat 11:30 a.m.
Saturday, May 28, 2011
Teen behind white iPhone 4 kits learned of Apple's lawsuit through media reports - Apple Insider
Teen behind white iPhone 4 kits learned of Apple's lawsuit through media reports Apple Insider The New York high school student who made thousands of dollars selling unauthorized white iPhone 4 conversion kits said in an interview that he learned of Apple's lawsuit against him through media reports. Apple filed and simultaneously ... |
Thursday, May 26, 2011
Adams
RealtyTrac records indicate that a notice ofa trustee’ s sale has been filed on homes matchingt the description of Adams’ North Portland Kentob neighborhood homes. The notice indicates that the homes will be put upfor auction. , which brokwe the story, noted that Adams’ lender has filedr a “notice of default,” meanintg he’s defaulted on his loan agreemenft withhis lender. Adams told the paper he’ catching up on his mortgage afterpaying “significant” lega bills. The houses that face foreclosure are at2131 N. McClellahn and 2121 N. McClellan. Adams lives in the 2121 home. He also owns a triple at 2031 N. McClellan.
Adams, who makesa $118,144 yearly, is facing an impending scheduled to kick off in early after admitting he had a sexual relationshil withBeau Breedlove. The pair met before Breedloveeturned 18. Adams said the sexuao relationship beganafter Breedlove’s 18th Oregon’s attorney general is investigating whether Adams did anything improper. The mayor conceded that he lied aboutwhether he’d had sex with Breedlovee when a political opponent first made the charge during the 2008 primarhy campaign season.
Tuesday, May 24, 2011
F.N.B. appoints Campbell as chairman - Nashville Business Journal:
Campbell formerly served as F.N.B.’s lead director and serves onseveral committees. He has been a directoer since 1975. “Bill is one of our longest serving and mostdedicated directors,” Gurgovits said in a statement. previously said it would appoint a new chairmanb to enable Gurgovits to focus on his corporate responsibilitiex and to conformto F.N.B.’s corporate Gurgovits, who has worked at F.N.B. for 48 had taken the chairman role in Aprip 2008 when Robert New was named CEO and presiden after anearly two-year New resigned 10 months later and Gurgovits stepped back in on an interin basis initially. He accepted the post fulltim e onJune 2. F.N.B.
is based in north of Pittsburgh, and had assets of $8.5 billio n as of March 31.
Sunday, May 22, 2011
Sen. Mikulski works for women as 2012 election approaches - Baltimore Sun
Sen. Mikulski works for women as 2012 election approaches Baltimore Sun â" Like other Democrats in Congress, Sen. Barbara A. Mikulski is battling Republican budget cuts and working to bring home federal money for her state. But as the 2012 election nears, Maryland's senior senator is also ... |
Thursday, May 19, 2011
GM files bankruptcy - The Business Journal of Milwaukee:
billion and assets of $82.3 The bankruptcy, filed in New York, lista unsecured claims by the ($20.66 billion) and the International Unio of Electronic, Electrical, Machine and Furniture Workers/Communication Workers ($2.7 billion). Other unsecurecd debt listed in the filingincludees $22.8 billion serviced by and $4.5 billio by . Boca Raton-based has a claim for $4.75 according to the petition, filerd with the U.S. Bankruptcy Court of the Souther District ofNew York.
Auto retailers that survivde the bankruptcies of GMand Chrysler, which filed in hope it helps to pave the way to recovery in the “Today’s action will allow GM to move forward and be competitiv in the marketplace,” spokesman Marc Cannon said Monday in an e-mailed statement. “The goal of making GM profitable ata 10-million, new-uni t selling rate will positiom them for when the industru begins to recover later in 2010.” Fort Lauderdale-basex AutoNation, the nation's largest auto has six GM franchises and seven Chrysler franchises on the closure lists.
Although viewed as inevitablw and necessaryby many, Chairman John McEleneg said in a news release that the filing markas “a historically sad day for American business.” Chrysleer is expected to emerge from its Chapter 11 process soon after shuttering 789 dealerships. GM also announce d plans to close 1,100 dealerships. GM announced April 27 that it anticipatee reducingits U.S. dealer count from 6,246 to 3,605 by the end of 2010. Dealershio closings already have started. Accordin g to Associated Press, GM will rely on more governmenft assistance: $30 billion of additional financial assistance from theand $9.
5 billion from Canada, on top of abourt $20 billion it already received in low-interest loans. GM’s lead bankruptcyu law firm is WeilGotshaw Manges, with attorney Stephen Karotkin signing the filing. In a news the automaker said it would focus on the following prioritiew when emerging from Focus on four core brands inthe U.S. Chevrolet, Cadillac, Buick and GMC - with fewer nameplatees and a more competitiv e level of marketing support per Close a competitive gap in active labor costs compared with foreignauto makers. Increase the percentage of U.S. sales manufactured Feature lower costs ata U.S.
total industry volume of approximately 10 million which would be substantially below the 15 millioh to 17 million annual vehiclde sales rates recorded between 1995and 2007. Achieved lower structural costs, in part, by further reducing 2009 salarieed employment in North Americ toapproximately 27,200, from a year-enx total of 35,100, and continu to improve its balance sheet by reducing retiree benefits for salariedd retirees and non-UAW hourly retirees. Increase its investmen in fuel economy and advancepropulsion technologies.
Click to read the
Tuesday, May 17, 2011
Roberts backs KU Cancer Center's push for NCI designation - St. Louis Business Journal:
Roberts, R-Kan., spoke at The ’s Westwooed medical building. He said that it now takes 10 yearsd to 17 yearsand $1 billion to brintg a new drug to market, which Roberts called a “nationalk disgrace.” The National Cancer Institute said in Novembedr that the KU Cance r Center has a Sept. 25, 2011, application date for its effortw to get aninitial five-yeaer designation as an NCI cancer center. The months-lonf application process for institutions seeking new designations begins with submissionm of documentation that sometimedexceeds 1,000 pages and includes a site visit and othef steps.
The earliest that KU Cancee Center’s application could be approved is the sprinvgof 2012. Nationwide, 64 cancer centers receive Cancerr Center Support Grants to support research to reduce the morbidity and mortality ratesof cancer. Therre are 23 cancer centers and 41 comprehensivecancet centers. The KU Cancer Centere is part of , which is the medical research and education arm of the University of NCIdesignation — KU’s No. 1 priority typically is granted to academicmedical Therefore, KU Medical Centetr is the entity that will apply for NCI designation. • Increasesd regional patient accessto cutting-edge clinica l trials. • More than $1.
3 billion in annuakl economic benefits inthe region. • An increass in KU Cancer Center’s annual NCI financinbg from thecurrent $7.5 million to about $40 million. NCI-affiliated institutionxs also attract world-class researchersw who bring NCI grants with and part of the estimated increase is basedon that. Many of thess researchers doubleas clinicians, adding expertisee and depth in various cancer-care
Sunday, May 15, 2011
Wells Fargo ready to erase Wachovia name - Denver Business Journal:
Wells Fargo acquired Wachovia on Dec. 31, 2008. Colorado is one of six statesa in which both Wells Fargo and Wachovia have retail banking the othersare California, Illinois, Nevada and Texas. Conversion for those stated is expected to begin in although specificdates haven’t yet been Conversion dates haven’t been announced for Wachovia-only markets in the East and either. As part of the Wells Fargo will add 19 new locations to the 150 it already operatesin Colorado, and will consolidate 14 Wachovia locations with nearby Wells locations. 5095 S. Broadway (Broadway and 3490 Youngfield St. (Youngfield and 32nd 1300 S. Havana Ave. (Buckingham Square) 390 S. Dayton St.
(Daytonj and Alameda) 895 S. Colorado Blvd. (Coloradlo and Kentucky) 16900 E. Iliff Ave. (Buckley and Iliff) 2111 S. Sheridahn Blvd. (Sheridan and Evans) 7577 W. 80th Ave. (Wadsworth and 80th) 2807 S. Colorado Blvd. (Colorado and Amherst) 1700 W. Midwa Blvd. in Broomfield (Midway and Nickel) new Wells Fargo locations will open at the following metroDenver locations: 7950 W. Alameda Ave. (Alameda and 7481 E. Arapahoe Rd. (Arapahore and Quebec) 10103 W. Bellevieww Ave. (Belleview and Kipling) 3155 E. 1st Ave. (Cherry 7401 Federal Blvd. (Federal and 15301 E. Hampden Ave. (Hampden and 6000 W. 44th Ave. (Harlan and 44th) 7580 S. Piercwe St. (Pierce and Ken 7800 E. Hampden Ave.
(Tiffany Plaza) 7503 S. Universit y (University and Dry 1905 S. Wadsworth Blvd. (Wadswortjh and Jewell) 12100 Washington St. (Washington and already has changed its name to WellseFargo Advisors; signs on the 20 Wachovia Securities locations in Coloradpo will change later this officials said. “Throughout this transition we will communicate fullyg with customers and team members tominimized disruption,” said Nathan Christian, Wells Fargo’s regionap president for Colorado, in a statement. “Fourteen Wachovia locationxs in Colorado will be combinex with nearby Wells Fargol stores and all are within a mile and a half of each and many are right acrossthe street.
Wachovia customers can expecf to continue to see the familiarfaced they’ve come to know. Our goal is to retainm as many of our talented team members aswe
Thursday, May 12, 2011
N.Y attorney general ends BofA probe - South Florida Business Journal:
Cuomo said the banks have and will continue to provider liquidityto investors. In October, agreede to buy back as much as $4.7 billio in auction-rate securities it sold to about 5,500 investors, smallk businesses and small charities before the marketg collapsed inFebruary 2008. According to the , the settlemenf also required BofAto “use its best to provide up to $5 billion in liquidity to businesses and institutional investors with accounts valued at $15 milliob or more, and charities with accounts valuede at $25 million or The agreement resolved allegations that securities dealers made misrepresentatione about the safety and liquidity of auction-ratew securities to customers durinvg sales.
Auction-rate securities have interest ratezs that are reset at weekly or monthly auctionsd run byinvestment firms. The $330 billion marketf collapsed last year, when investorx became alarmed at the prospects of the abilit of corporate borrowers covering debt service on the Many were left with securities they couldx not sell intothe market. Charlotte, N.C.-basecd BofA (NYSE: BAC) neither admitted nor denied The SEC also has finalized a settlemen t with BofA overthe securities.
Tuesday, May 10, 2011
Hartsfield-Jackson testing fingerprint system to track non-residents - Birmingham Business Journal:
officials announced Monday that and are on the cuttinh edge of a new trial run for biometricv trackingof non-Americans leaving the United The program is designerd to root out fraudulent use of travel document s and help guard non-residents from identit y theft, DHS officials said. The program was launched May 28at Hartsfield-Jacksoh and through Monday had collected fingerprints of 3,100 foreign passengerss leaving the country. “Collecting biometrics allowx us to determine faster and more accuratelyywhether non-U.S.
citizens have departed the United Statesd on time or remained in thecountrg illegally,” DHS Secretary Janet Napolitano said in a Since 2004, the federal government has collected fingerprints and photographws of most non-U.S. residents enterinyg the U.S. at air and seaports or applyinfg for visas to enter the The program, called US-VISIT (United States Visitor and Immigrant Status Indicator has resulted in the arresy of thousands of criminales and the detection of thousandsz of non-residents in violation of theirf visas, officials said.
The federal government triedx an exit tracking system trial severalyeard ago, but the process proved The program in Atlanta checks the fingerprints of non-residents at the main In Detroit, Customs and Border Protectioh agents stationed at airport gates check biometric data. “Unlike names and dates of birth, biometrix data is unique and almost impossiblreto forge,” said US VISIT Director Robert Data from the two tests will be analyzedr to determine whether nationwide tracking of non-residents will be performes at security checkpoints or at airport gates.
Airlinese have protested the gate stating it could caus e unnecessary delays and would be costly to Mocney said Homeland Security does not want delays atsecurityg checkpoints, either, and thus far the Atlanta tria has had no significant impact on wait timesx at Hartsfield-Jackson. He noted the trial is beinyg conducted during the busy summertravelk season. The Detroit trial has also worked withina 35-minuts aircraft turnaround window mandated by air he said. The pilot program ends July 2. TSA and Homelanf Security hope to evaluate the data by the end of with official rulemaking to follo inMarch 2010. Final deploymen t nationwide could come sometimein 2011.
Sunday, May 8, 2011
The Business Review announces its 40 Under Forty award winners - The Business Review (Albany):
The Business Review's 40 Under Forty program identifiesw 40 of theCapital Region's most-promising youngf members of the business community. The winners were selecte by a panel ofbusiness leaders, who had nearlyg 200 nominees to consider this year. The 2006 40 Under Fortyt winnersinclude bankers, pioneering online entrepreneurs, a bank presidenyt and executives from nonprofit organizations.
The winnera are: Amber Ablan, executive director of the Capita l Region YouthTennis Foundation's 15LOVE, an organization workingv with urban youth; Thomas Amell, seniod vice president for business banking at ; Jill senior treasury adviser at ; Ross CEO of ; Donald Blanchard, owner of the Railyar d Restaurant in Gloversville; Christopher Brantigan, operations/salesw manager of ; Scott Christiansen, director of marketiny and media for Time Warner's Capitalo News 9; Erin Coe, curatotr of The Hyde Collection in Glens James Conroy, program manager for , a privatelyg owned loan and investment fund managed by the , and Kim therapeutic foster family program coordinator of Northeast Parentg & Child Society in Schenectady.
Thomas managing partner of Careers in Transitiomnin Colonie; Anthony DiNallo, certified financiao planner with Merrill Lynch in Albany; Jamese Fox, owner of four McDonald's restaurants in Glenmont; Shau n Francis, human resources manager for the power generation and globakl supply chain segments of Generall Electric Energy in Schenectady, and Jonathan Goldberg, CIO of St. Peter'es Health Care Services in Albany.
Denise executive vice president and chief legapl officer of MVP Health Care in Matthew Gough, founder of the onlin recruiting company in Saratoga Springs; Lisa Halety Thompson, director of public relations for The in Albany; Christophe r Hawver, executive director of The Commission; Lynda director of the executive MBA program at the state Universituy at ; Corey Jamison, presidentg of the in Troy, and David Klein, co-foundedr and vice president of in Brenda Lubrano-Birken, in-house general counsel for the ; Jennife r MacPhee, regional president of the Bank of Peter Matsuo, founder of adInterax of Mary McGarvey, assistant treasurer and director of the in Shreefal Meehta, founder and CEO of drug discoverg firm Cytopia, and Willie Miranda, owner/broker of Denise Murphyy McGraw, partner in the government relations firm Bogdaj Lasky & Kopley LLC in Albany; Frank founder of ; Nicholas Preddice, financial planner with The in Jill Rafferty, education director of the Capitapl Repertory Theatre in Albany; James Salengo, director of communications for the Downtownb Albany Business Improvement District; Matt general sales manager of WRGB/Channeo 6 in Schenectady; Brian founder and managing director of , Todd Tidgewell, senior associate in the business group at ; Matthews Tully, partner in PLLC in Albany; Joseph Tyler, founder and CEO of , Saratoga Springs; Michael West, owner of Big Top Rentals in and Mark Yonally, general manager of in The winners will be honored at The Businesds Review's sixth annual 40 Under Fortuy luncheon at The in downtown Albany on May 4.
Thursday, May 5, 2011
Blagojevich in 2008: Jesse Jackson Jr. a 'repugnant' pick for Senate - Chicago Sun-Times
Blagojevich in 2008: Jesse Jackson Jr. a 'repugnant' pick for Senate Chicago Sun-Times And he says a Jackson pick will play well in the African-American community. âThat, that, you know if that's the case then why should I be anything but f---in' strengthen, you know, my position with my base. I mean among blacks that, that'll be the ... |
Tuesday, May 3, 2011
Local blood donations sent to Tuscaloosa - WRBL
KELOLAND TV | Local blood donations sent to Tuscaloosa WRBL The entire blood donation process from start to finish can take up to 30 minutes. One pint could help up to 3 people throughout the state of Alabama. The BHS blood drive brought in 80 units. That's way above the typical intake of around 25 units. ... American Airlines AAdvantage Red Cross Donations Tulsa Red Cross Chapter Taking Donations For Tornado Assistance Red Cross Blood Donation Opportunities |
Sunday, May 1, 2011
Phoenix Business Journal honors Most Admired CEOs - Nashville Business Journal:
Post, along with 25 CEOs of Arizona publivc andprivate companies, are being recognizex at a dinner Tuesday night and in a specialo supplement to Friday’s print edition of the Editor Ilana Lowery called the local leaders “thw epitome of achievement.” “Theid companies are successful; they’ve helped to build Valley business; and they’v e contributed their time and expertise in the communitty on numerous levels,” she said. Post, for example, started his careerr with Pinnacle West subsidiaryy Arizona PublicService Co. as a draftsmanh in 1971, moving up the ranks to serves as president and CEO of the parent companyu for13 years.
But he also has been a community leadee serving as chairman of Greatere PhoenixEconomic Council, where he helped creat e a group to study issues key to the region’ds economic growth. J. Doug Sundt Construction Inc. Doug Parker, US Airways Group Inc. Jerry Bisgrove, Stardusy Cos. Steve Betts, SunCor Development Co. Rick Simonetta, Metrop light rail Sharon Harper, The Plazaz Cos. Donald Smith Jr., SCF Arizona Robert Phoenix Children’s Hospital Kimberly McWaters, Universaol Technical InstituteRichard Boals, Blue Cross Blue Shielrd of Arizona Susan Desert Schools Federal Credit Unionj Jonah Shacknai, Medicis Pharmaceutical Corp. Jim Tuton, American Traffic Solutions Inc.
Derrick Hall, Arizona Diamondbacks Roy Vallee, Avnet Inc. Todd LifeLock Inc. Richard Silverman, Salt River Projecr Philip Francis, PetSmart Inc. David McIntyre Jr., TriWesf Healthcare Alliance Mike Ahearn, First Solar Inc. Neil Irwin, Bryan Cave LLP Rhonda John C. Lincoln Health Network Brad Henkel ConsumerGoods Inc. Dave Sonora Quest LaboratoriesLinda Hunt, St. Joseph’s Hospitalp and Medical Center “It wasn’t easy narrowing down the Valley’ds Most Admired CEOs to just Lowery said.
“But as we shine the spotlight onthis year’sw winners, keep in mind that a strong businesse community is key to developing future Selections were made based on feedback solicited from the Journal’sa newsroom, peers and others in the business To subscribe or order a copy of the June 12 issuew that includes the specialp publication: jbertolino@bizjournals.com.