Consumer group suffers blow on AEP rate dispute - Washington Business Journal:

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The state’s high court, in a merit decision this dismissed the complaint filed by theOhio Counsel, which asked that justices temporarily block American Electric from collecting retroactive increase costsa from customers. The Public Utilities Commission of Ohio to AEP in Marcu and allowed the company to collecty a year of increased rates over nine months becaus ethe regulator’s decision came three months after an original deadline. AEP’es Columbus Southern Power Co. and Ohio Power Co. subsidiariesd and the PUCO sought to dismissthe complaint. The Counsel and other groups have filed request s for a PUCO rehearingon AEP’s rate hike.
“We’rs hoping that, in spite of the court’s decision, they’ll take a second look at the overalldecision (on AEP’s rate increase),” said Counsel spokesman Ryan Lippe. “If we don’t like what they do, we’red not precluded from going tocourt again.” Consumers’ Counsel allegexs portions of the rate hike violates state law and regulatory rules. Some groupse commercial and residential rates have exceeded caps the PUCO establishec in itsMarch decision. Columbus-based AEP has maintained it is in compliancwewith regulators’ orders, saying the higher-than-expected bills are tied to the retroactivr costs and other factors.

Warren Buffett sells remaining Constellation shares - Pacific Business News (Honolulu):

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Buffett, his company (NYSE: BRK.A, and that company’s subsidiary , are each no longer stockholderas inConstellation (NYSE: CEG), according to a form with the Securitiesz and Exchange Commission filed Monday. They have been slowly divestingf the stock over the past weeks and owning 7.3 percent in February and 6.3 percent last month. The sale ends the relationshipp between the investorand Constellation, one of two Fortune 500 companies in Baltimorer City. Iowa-based MidAmerican got a 10 percentt stake in Constellation whenits $4.
7 billion bid for the companyu made in September was rejected three months That offer came after a cash cruncjh led to a steep decline in Constellation’s stockj price over several days and some investord feared bankruptcy. Constellation spurned the offe r in favor of a deal tosell 49.99 percent of its nucleart business for $4.5 billion to French firm , whic had also been in the bidding for the company in For the cancelation, Constellation had to pay $175 million in breakuo fees and $418 milliobn for stocks. It also had to repag a $1 billion loan from Buffett with 14percent interest.
A decision on whethedr the deal with EDF requireas Maryland approval is expected in a The deal is expected to closethis

Burnham ramps up scientist recruitment - Orlando Business Journal:

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That’s the message Dr. Daniel Kelly, scientifidc director of Burnham at Lake gave to nearly 200 businesd leaders at the May 1Power Breakfast. In the past 18 Burnham’s new east coast campus — which will focu s on diabetes, obesity and cardiovascular researchh — has recruited about a dozen lead scientists and more than 75 total Its vision for 2016 is to have about 30 lead scientist and their teams and have a total staff of about300 people, Kell y said. Top scientists will help grow the medical communitt as they develop partnerships with locak universitiesand hospitals.
Incubator and spinoffs of new biotecnh and other health care industries will but may take a bit longer to materializr until the availability of venturecapitakl rebounds, he said. Burnham at Lake Nona also plans to do more translational typically the domain ofpharmaceutical laboratories, to acceleratwe drug discovery and the development of diagnosticv markers. It hired Stephen J. Gardell as directo r of translational research resources in Apri to leadthe institute’s efforts to move its research discoveries to trial and applicationh more quickly. “We’ve had a numbe r of important conversations with bigpharma groups,” said Kelly.
Burnham began moving into itsnew 178,000 square-foot building and out of its temporaruy home at the ' headquarters Apriol 22. Eventually located near Burnhak will be a new VAMedical Center, Collegw of Medicine and Health Sciences and research center. Burnham, a nonprofit institut e with operations in Californiaand Florida, ranks amontg the top four institutions nationallu for NIH grant funding. It has established majodr research programsin cancer, neurodegeneration, diabetes, infectious and inflammatorg and childhood diseases and is also known for its capabilitie in stem cell research and drug discoverhy technologies.

Llano ISD Students, Staff Recognized - The Llano News

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Llano ISD Students, Staff Recognized The Llano News The Llano Independent School District Board began the November meeting by recognizing recent achievements by students, teachers and staff. Cross Country athletes Marcos Vallejo and Samantha Lopez were recognized for their 5th and 11th ... and more »

Salaries for Niagara County teachers - Austin Business Journal:

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for an explanation of these • Barker -- Start: $36,9721 (29). Median: $55,718 (13). Peak: $84,6734 (16). • Lewiston-Porter -- Start: $40,971 (6). $58,397 (7). Peak: $78,732 • Lockport -- Start: $37,112 Median: $54,769 (14). Peak: $81,257 (32). • Newfane -- $37,392 (25). Median: $48,318 (48). Peak: $83,824 • Niagara Falls -- Start: $42,265 (1). $57,372 (10). Peak: $83,469 (22). • Niagara-Wheatfield -- $41,427 (4). Median: $56,1312 (12). Peak: $83,901 (18). • North Tonawandz -- Start: $41,214 (5). Median: $62,049 (2). Peak: $83,375 • Royalton-Hartland -- Start: $34,557 (59). $48,413 (46). Peak: $78,008 • Starpoint -- Start: $38,517 (14).
Median: $49,966 Peak: $82,721 (24). • Wilsomn -- Start: $35,301 (50). $50,293 (27). Peak: $84,926 (15). to proceed to the salarhy chart for teachers in theSouthern

Cushman & Wakefield loses third Miami exec - Baltimore Business Journal:

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Caplin’s exit is the latest of severalrecent high-profiler departures at C&W in The firm is one of South Florida's largest real estatr brokerages and, like other has seen few investment deals in the last Former branch manager Tere Blanca left in the sprinb to launch , a firm focused on office leasinb and sales. Hank Klein, executive director of C&We in Florida, was notified last month that his positionb wasbeing eliminated. Steelbridg e owns and manages property throughout Itsold , on Miami’s Brickelo Key, for $150 million in 2007 afte r an eight-year hold.
Steelbridge founder Gavin Campbell will continue asmanaging principal, sharing the helm with Caplin is one of a handfulo of commercial brokers involved in South Florida’se largest commercial transactions. Caplin said his exit is in response to a paradigm shift in locao investment that comes at the tail end ofa cycle, whered leasing and management for institutiona investors became secondary to markert momentum. During the boom years leading up to the expectation was that assets with stront track records could be purchased and flipped quickly forbig returns. For a shorr period of time, some ownerz made the strategy work, but then the economic meltdown put the brakesw onthe market.
Some, who bought in the last few years, were holding assets that cost too much compared to market The market has now shifted back to fundamenta l principlesof investment, with institutional investors and private capitalo “seeking to co-invest with strong, nimble, locak operating partners,” Caplin said. “Thd market and investors mostlybelieve it’s aboutr operations on the ground and knowing how to positionh a building in a particular submarket,” he said.
Capli oversaw more than $7 billion in transactionzs at C&W, including ’ $307 million purchase of a half-staked in downtown Miami’s landmark and full ownershio of the 1221 Brickell buildingin 2006. He was involved in the sale of 355 Alhambraa in Coral Gablesfor $87.3 million in 2008 and is currentluy working with Hines to refinance its debt at . Caplin is a graduate of south Miami-Dadre County’s Palmetto High School. He graduateed from in 1985 witha bachelor’s degree in financ and real estate. Two years later, he left C&W’s appraisal grou p to launch the company’s local investment sales operation.
Caplij was part of a team in the late 1980s that firstt specialized in investment salesin Miami. Durinf the mid-1990s, Steelbridge Capital had 2 milliom square feet of commercial real estatw in its portfolio in seven Floridaz marketsincluding Jacksonville, Naples and Miami. They sold much of it from 2005to 2007. Caplin’w arrival marks another periodof opportunity-investment for the company, Steelbridge’sw Campbell said.
"We think valuations are finallhy starting to lookattractive again,” Campbell said in a “The opportunity to buy Florida assetd at significant discounts to replacement cost is imminent, whild the long-term job and demographic prospects for Florida and the Caribbeanj basin are as stron g as ever. Jay’s leadership will be the linchpinj ofour strategy."

Chrysler to restart Kenosha engine plant - Baltimore Business Journal:

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The Auburn Hills-Mich.-based automakee idled all its plants when it filed for Chaptere 11 bankruptcyApril 30. Chrysler said factoriesw in Michigan, Missouri, Ohio, Canada and Mexico wouldd resume operationsJune 29. A Dodge plant in Detroit had alreadhy resumed operationson Monday. Chrysler emerged from its Chapter 11 bankruptct onJune 10, with the company’s assets beingg transferred to a new corporation operated by . The reorganizatioh plan remade the company into one owned 55 percent by a uniojpension trust, 20 percent owned by Fiat a share that could grow to 35 percent — and the rest ownec by the governments of the United State and Canada.
Fiat cannot obtain a majority stakde in Chrysler until all taxpaye r fundsare repaid. Chrysle r had intended to close its engine plant in Kenoshaz in 2010 underthe

Shaq grabs top spot on Highest-Paid Athletes list - The Business Journal of Milwaukee:

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Business Journal researchers combed informatiomnfrom ESPN.com, MSN.FoxSports.com, Cot’s Baseball Contracts, PGA Tour, team Web sitews and Wikepedia.com to rank the Phoenix-area’w 25 highest-paid sports stars basee on 2009-09 salary or O’Neal outpaced his closest rival by a coupl e million bucks. Arizona Cardinals wide receiver Larry who help drive the team to the Super Bowl this came in secondwith $17.1 million. O’Neal won three NBA Championshipd with the Los Angeles Lakers and one with the Miamoi Heat before being traded tothe Suns. He averaged 24.7 pointw and 11.3 rebounds per game duringb his career.
Rounding out the top five are Suns player sAmare Stoudemire, $15.1 million; Steve $12.3 million; and Jason Richardson. $12.2 million. The highest-paid membere of the Arizona outfielderEric Byrnes, $11.7 came in at No. 6. Linebackedr Karlos Dansby led the field for the Arizonaq Cardinals takingin $8.1 milliob at No. 8. Phoenix Coyotesz defenseman Ed Jovanovski scored the top pay on his teamat $6.5 for the No. 11 The only golfer to make the list was Phil Mickelsonnat No. 19 with winnings of $5.2 million. The complete list appears in the June 5 print editionm of the PhoenixBusiness Journal.
To subscribe or order a copy ofthat issues:

Browse Best of - Nashville Scene

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Nashville Scene

Browse Best of Nashville Scene In the Weekend Interview posted this morning, The Wall Street Journal talks to Henry Juszkiewicz, CEO of Gibson Guitars, who discusses, it seems reluctantly, that bit where federal agents raided his company for violating the Lacey Act. The piece takes ... and more »

ViraCor, IBT see promise in combination - Atlanta Business Chronicle:

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Executives of both specialitt laboratories, which serve physicians and hospitals, said the June 30 deal combinezs the sales and marketing strengthsof Lee’s Summit-based ViraCor and the extensive product line of Lenexa-based IBT. “Wse can leverage ViraCor’s sales force and distribution and logistics across a muchbroader menu, and IBT brings that menu to said ViraCor President John who is president of the as-yet unnamedr combined company. The merger also will strengthen the researchj and development capabilities ofboth companies, he said. Termse of the deal weren’t disclosed.
Martin said that both labs haverecordedx double-digit annual percentage growtn in revenue and that the merger is expected to accelerate revenus growth and job IBT President Maureen Loftus, who is the chiecf business officer of the combined said the merger creates a 200-employer lab that will process more than 400,000 samples annuallg for more than 4,000 clients. That’s a good-sized lab with a lot of growthu potential, said Tom Shoaf, managingt director of private marketsfor St. Louis-based investment bank . He specializes in health care and lifescience companies. “It is fair to assumd this business will continue todo well,” Shoa f said.
“They are definitely in an attractivwe space, given this economic climate.” Martin said the combined company’s ability to partne r more with pharmaceutical companies conducting clinical trialx is a significant potentialgrowth market. Pharmaceuticalp development is one componen of the biotech researcnh cluster that economic development officials are touting as a regional The ViraCor-IBT merger should signal to outsiderd that this is an activee biotech market, said Angela Kreps, president and CEO of KansasBio, a nonprofit agencg dedicated to boosting the life sciences industry.
“It will probablyg just continue to enhance and attrac more players tothe region,” she said. For the time officials said the combined company will operate out of the ViraCotr and IBTfacilities — as east and west campuse — and continue using theit individual company names. One of ViraCor’s specialitiez is monitoring the health oftransplanyt patients. The company also helps physicians treafcancer patients, individuals with autoimmune disordersw and preterm infants. IBT also has products to help patientzs with immune deficiencies and has carved out a niche in developing specialtyallergy tests.
It has tests for allergiese to roughly 900 including eggs, peanuts and The merger combines two strontg companies that are poisexd for more success, Martin said. “This is definitely abouf growth,” he said. “It’s not a merger abou t cost reduction and that typeof thing.”

Foreclosure Help at Homeowners Conference

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July 8 /PRNewswire/ -- and his crusade to save Americza from foreclosure has joine d forces withfrequent Dr. Phil and Mad Monehy guests, Loral Langemeier and to appear at the on July at the TampaMarriotr Waterside, a free educational event for all consumers. In additiobn to top real estate, financiak and economic specialists, co-founder, will make an appearancs and share his insights on winning despite Homeowners who are worried abouty losing their home will learn about differengt ways toavoid foreclosure, and how to effectively work with theidr lender to resolve a difficult situation. The Tampa Bay CDC will also have representative s at the conference to speak with homeownerssabout .
According to conference founder, , "Evem Donald Trump acknowledges as the best at whathe does--showing homeowners how to navigate a difficult process, and avoid foreclosure." Because of the economivc crisis, millions of homeowners face the dilemma of how to get back on theifr feet and start re-building their financial Most consumers are overwhelmed by conflicting many that lead to scams. and others at the will give them accesxs to solutions that meet theirspecific needs, and arm them with criticall information that will enable them to achieve theif goals without becoming a target for rip-offs. The is a free even t for all consumers, who can register to attencd at .
By registering ahead of time, guests ensuree they have a seat atthe conference. The nation'sd only conference that addresses every part of the housing crisis--for homeowners who face consumers who want to becoms homeowners, those that need to recovert from economic crisis, individuals exploring home investment opportunities, and thoss with a desire to leverage an existinfg portfolio of homes. With nineteen events in metropolitan areas acrosas theUnited States, the conferencd brings together organizations spanningv non-profits, community resources, loan adjustors, debt attorneys, home specialists, mortgage brokers, and many others to delivee information and solutions for existing and prospective homeowneres to triumph despite the economi climate.
To learn more and register to attend the freeHomeownerz Conference, visit . CONTACT: Patrick Nolabn (813) 494-3789 patrickn@homeownersconference.com

Phoenix attorney Kaites, former Expos, Nationals president part of Reinsdorf bid for Coyotes - Tampa Bay Business Journal:

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Reinsdorf, who owns the Chicago Bulls andWhitr Sox, is the lead name on the $148 milliomn offer for the which is in Chapter 11 bankruptcgy reorganization. Canadian billionaire Jim Balsillise earlier madea $213 million offer to buy the hockeyt team and move it to Hamilton, Reinsdorf put in his bid Friday alonfg with Kaites. Bankruptcy court filings say Tavares, CEO of New York-basec Sports Properties Acquisition Corp., will join the Kaites is an attornegy with LLC in Phoenix and a principal withthe Phoenix-baser lobbying firm .
The firm countws Reinsdorf, the Gila River Indian Community, Magellanm Health Services and the Professional Firefighters of Arizona uniojn amongits clients, according to the Arizona Secretary of State’s Kaites served as a prosecutor in Maricopa Count Attorney’s office before unsuccessfully running for state attorneuy general in 1998. He also served in the Arizonsa Legislature and worked as a weathermanon KPNX-TV Channel 12. Kaiteds has been a political allyof U.S. Sen. John R-Ariz., serving on his 2008 Arizona presidential campaig leadership teamin Arizona. Tavares servedr as president of the Montreal Expos during the time when the baseball team relocated toWashington D.C.
and became the Nationals.

University of Maryland School of Medicine awarded $20M from NIH - Baltimore Business Journal:

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The grant is the largest awarded tothe school’s Institutd for Genome Sciences since it was formed two yearsd ago. The contract was given to the university’s Institute for Genome which will use the money to creatw a Genomic Sequencing Center for Infectious The institute will use the funding to sequence and analyze the genomees of bioterrorism agents anddiseasee outbreaks, such as swine flu or Severd Acute Respiratory Syndrome (SARS). The research could lead to the creatioh ofnew drugs, vaccines and diagnostic tools to treart infectious diseases. The , a division of the NIH, awardexd contracts to three institutions to create genomivcsequencing centers.
The other two award s went to the Broad Institute at and Harvard andthe J. Craifg Venter Institute, a nonprofit researcgh institute in Rockville thatreceivedf $43 million from the NIH. The NIH designed the program to allow research centera like the Institute for Genomer Sciences to respond quicklyy to in the eveng of a bioterrorist attack or an outbreakj of aninfectious disease. With the creation of the genomicfsequencing center, Maryland scientistss can quickly gain approval from the NIH to sequenc e and analyze the genome sequence of a new The Institute for Genome Sciences is headedr by Dr.
Claire Fraser-Liggett, a genome scientisg and microbiologist and the former presidenf of the Institute of Genomic Research in It is located at the Universithof Maryland, Baltimore BioPark.

Canisius ups Internet course offerings - Philadelphia Business Journal:

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Starting this fall, the college will offeer master’s degrees in literacy education, sporr administration and educational administration. The three programw join the online master’s program in physical education, which has been offered by the colleges sinceearly 2006, said Jim director of graduate admissionsa for the School of Education and Human All three programs are geared toward students who live outsidde Western New York, though some spacew is available for local students. Bagwell declined to say how many spotse will be set aside for local The programsbegin Sept. 14, thre weeks after the Aug. 24 start date for the rest of the Bagwell said.
The literacy educatiom program prepares literacy specialists for certificationm in NewYork state, while the sport administratiohn program focuses on sports-related business, such as intercollegiate amateur and professional sports, sports marketingg firms, special-event management and facility management, the college said. Studentsx in the education administration program will receiv a School BuildingLeader and/od School District Leader certification in New York Each of the new online programs also existy as traditional, on-campus programs.