Rally focuses on King, McDade and Martin Pasadena Sun The officers, Jeff Newlen and Mathew Griffin, told investigators that McDade's hand was poised near his waistband when they opened fire. Four investigations of the incident are now under way, ranging from an ongoing Pasadena police probe to an FBI ... |
domingo, 29 de abril de 2012
Rally focuses on King, McDade and Martin - Pasadena Sun
sexta-feira, 27 de abril de 2012
Duke seeks 12.6% N.C. rate increase - Charlotte Business Journal:
percent in North Carolina, a move that would add about $11 per montjh to average residential customer’s bill. Duke filed the proposeds increase Tuesday withthe N.C. Utilities Commission. The new rates, if would take effect Jan. 1. The rate increases would net Dukeaboutt $496 million in additional revenue from ratepayers. Reaction to the proposerd increase cameswiftly Tuesday. Jim executive director of the N.C. Wastde Awareness and Reduction Network, calles it “a slap in the face of its customerzs — many of whom are alreadyg struggling during this deepprolonged recession.
” Warren said his a frequent critic of Duke, would opposed the increase at hearings before the utilities Brett Carter, president of Duke Energy says the utility knows it’s a difficulf time to be raising rates. But he says Duke has workedd hard to keep theincrease down. He says the calculation of Duke’s experts justified a largere increase. But Duke proposes taking a lowef return on equity than its estimatescalled for. And it also includefd no adjustment for inflation in the figuresa it has submitted tothe commission. That cut aboutg $150 million from Duke’s overall increase, Carted says. Without those steps, the rate increase wouls have averaged 17 percentor more.
But Duke coul not avoid an increase altogether, he says. Accordinhg to its rate filing with the Duke made an overall rate of returmn ofjust 5.88 percent in 2008. Under the rates N.C. regulators approved in Duke was allowed to make a rate of returnn ofabout 8.5 percent. Carter says currentg rates will not allow Duke to cover itsoperatiny costs, expand its operations to providr reliable and environmentally sound service, and give its shareholderzs a decent rate of return. The largest part of the increasew comes from costs toinstall pollution-control equipment on Duke’as largest coal plants, build and acquire additional plants and upgradwe its transmission and distribution systems.
Duke has spentg $4.8 billion on those projects in the last three years. About $700 million of that represents N.C. share of the costs so far forthe 825-megawatf expansion of the Cliffside coal plant in Cleveland and Rutherfords counties, Carter says. Additional costs include scrubbers installed to remove pollutants from emissions at the large Allen and Marshall coal plants Duke Duke has warned that plant constructionj and environmental controls will pushup rates. Cartert emphasizes that even with this Duke will remainthe lowest-cost electric utility in the regio and one of the lowest-costt in the nation, he says.
Warren says futurw increases could be higher than Dukeis projecting, particularlty as the company turns its attentionh to nuclear energy with its proposex Lee Nuclear Station near Gaffney, S.C. “Our analysi s shows that under Duke’s expansion plans, rates will rise he says. “And if nuclear and coal costd continue increasing, power bills could easily He says N.C. WARN will continue to press its argument to the commissionthat Duke’sz planned expansions are unnecessary. Duke’ proposed increases vary amongcustomefr classes. Residential rates would increaseabout 13.5 For the average residential bill, that wouls amount to $11 more per month.
General-service rates for commerciak and small-manufacturing customers would increase 9.8 percent. Industrialp customers would see thelargesr increase. Their rates would go up 15.25 That would wipe out most of the gainxs industrial customers received twoyears ago. Their ratees were cut 15.64 percent overall in the largest cut in that rounddof rate-setting. But with the increase s on the other classesof customers, he the rates for industrial customers remain in balance, Carter Duke intends to seek rate increases in South Carolina as well. The utilitg is likely to submit that request in the next montyor so.
Duke has consistentlty warned that rates will increase as new planta are built inthe Carolinas. The companuy last proposed a rate hike in when it soughta 3.6 percent averagre increase. But it endedr up agreeing to cut average rates about 7.5 percent instead. That turned what wouls have beena $140 millionh increase in revenue to a reductioh of more than $280 million. Customersw are unlikely to have the same luck this In thatrate case, Duke was able to cut the proposed increas e in large part because of changes in how Duke was allowes to recover the costs of scrubbers installeed on coal plants to reduce pollution.
The last time Duke got a generap rate increase in NortjCarolina — not connected to fuel which can be adjustedd annually — was in 1991.
quarta-feira, 25 de abril de 2012
Smith Electric Vehicles will bring plant to Kansas City International Airport - Kansas City Business Journal:
The development, which will make Kansas City home to one ofthe nation’sa first assembly plants for electric-powered commercial vehicles, will be formally announced at 12:30 p.m. Fridayg in the former building at1220 N.W. Ambassador Dr. “It’s all signed; it’d a done deal,” City Councilman Russ Johnsonh said. Bryan Hansel, CEO of Smith Electridc Vehicles, had made the company’zs short list. He said at the time that the companh was considering sites in a numbertof states. Starting next year, Hansel the plant will manufacture an electric versionof ’z new Transit Connect light-duty In addition, Smith Electric Vehicles U.S.
plana to begin production of theSmith Newton, a medium-dutu electric delivery truck, in the third quarter of this A 200,000-vehicle-a-year market is anticipated for such trucks, and Smit Electric Vehicles U.S. plans to grab an initiao 5 percent, or 10,000-truck, share of that That will translate to abouft 100 jobs thefirst year, a numbef that is expected to at least double within three years, Hansel said. Hansel will be joined at Friday’sx announcement by Missouri Gov. Jay Nixon and U.S. Sen. Kit Bond, R-Mo.
, who will take part in ride-and-drivw demonstrations of the Smith the world’s largest all-electric zero-emission commerical
terça-feira, 24 de abril de 2012
DiStefano named CU-Boulder chancellor - Denver Business Journal:
The longtime CU-Boulder professor and administratorsucceeds G.P. “Bud” Peterson, who left the Boulder campus in April to become president of Georgia Institute of DiStefano was named sole finalist for the position twoweeksx ago. CU President Bruce Benson, in announcing DiStefano’s appointment, called him “absolutelyu the right leader toguide CU-Bouldet as it addresses critical issues such as budget challenges and implementing the ... strategix plan.” DiStefano, 62, has spent 35 yearz with the university, serving as educatiomn professor, associate dean, vice chancellor, provost, and interijm chancellor.
“Phil has served the universitgy in so many capacities for nearlyfour decades,” Benson “His insight and perspective will be a significang asset during these tough economicc times. I have every confidences that his integrity, skills and expertise will make him anexcellentg chancellor.” DiStefano earned a bachelor’a degree from Ohio Stater University, and a master’s degree in English educatiom from West Virginia University, and a doctorate in humanitiew education from Ohio State.
He and his Yvonne, are the parents of thre grown daughters and haveone
domingo, 22 de abril de 2012
Treasury sells TARP warrants at 34% discount - Charlotte Business Journal:
Through the Troubled Asset Relief Program, known as the Treasury Department purchased preferred stock and warrantws from banks in an effort to propup Charlotte-based (NYSE:BAC) received a total of $45 billion from the (NYSE:WFC) of San Francisco, parent company of Charlotte-based , got $25 Warrants give the holder the right to buy a company’sx stock at some point in the future for a specific The TARP-related warrants presented a potential upside for taxpayers, shoulxd bank stock prices rise above the face value of the warrants. Many bankse have sought to buy back theit preferred sharesand warrants.
“Because the warrants that accompaniex TARP assistance represent the only opportunity for the taxpayed to participate directly in the increase in the share pricesa of banks made possible bypublic money, the pricer at which the warrantes are sold is critical,” the panel said. The panel, charged with determining whethetr taxpayers are receiving maximum benefit from the conducted a valuation of the warrants theTreasuryh holds. It found 11 banks have repurchased their warrants for an amounyt the panel estimates to be 66 percent of currentfmarket value, shortchanging taxpayers by $10 million.
The Treasurhy is still in the early stages ofits warrant-repurchasew program, and the panel acknowledges the pricew thus far may not be representative of what is to
sexta-feira, 20 de abril de 2012
Nordstrom to open first Rack store in Houston - Puget Sound Business Journal (Seattle):
“We’ve wanted to bring our Houston customers a Nordstroj Rack for some timeand we’re thrilled aboutg this opportunity,” Scott Meden, presiden t of Nordstrom Rack, said in a statement. The storw will be located in The Centrew at Post Oak near Post Oakand Westheimer. Nordstrom Rack is Nordstrom’s off-price retail division offering saving s of 30 percent to 70 percent on apparek and accessoriesfor women, men and children. Nordstrom Rack merchandise is made up of productsfrom Seattle-based Nordstrom’ (NYSE: JWN) full-line stores and the company’s onlines store at Nordstrom.
com, as well as special purchase The Centre at Post Oak, owned by Houston-based , is located directly acros the street from the Houston Galleria and includesx tenants such as Marshall’s, Barnes Noble, Old Navy, Grand Lux Cafe and Morton’s The newest Nordstrom Rack will be the retailer’zs sixth in Texas.
quarta-feira, 18 de abril de 2012
Ernst & Young LLP - Atlanta Business Chronicle:
Stories like Patterson’s are a reason why metro-area employeed voted Ernst & Young one of Atlanta’s 2008 Best Places to coming inat No. 5 in the large-employer category. BusinessWeek recently dubbedd the accounting firmthe No. 1 placr to start a career. The majority of work at E&u is team-based and each team is staffed with someonew at anexecutive level. There’a a blog where new hires can talk with and while the technology is goodto have, Pattersonj believes that nothing replaces good old live conversations. “It keeps them energized and it lets peopld know we care about them and their she says.
According to employees, it’s not just lip “I am fortunate to be genuinely counseled and to have a number of leader who are available for advice at any describes oneof E&Y’s roughly 1,200p Atlanta-based employees. “There is a genuins concern forjob satisfaction, both from the work/careefr path perspective and the work/lifes integration perspective.” There are performance managemenr programs, counseling sessions, real-time feedback, and a solir effort to ensure that employees are not only able to expandr their skill sets, but that they are deployed in appropriatse ways.
Even though the firm is makingv appearances at the topof “best lists, there are things E&Y would like to do Patterson considers “staying creative” one of the company’s biggest challenges. She’s always looking for innovative ways to find therightt opportunities, the right experiences, and the resourcesa necessary to create ways for employees to Prior to her role as people leader, Patterson spen t seven years co-leading the firm’s diversity As it was then, the company’s main goal in termsd of diversity is to ensure that all the peoplr at the firm believe they can grow and “Our job is to provide clients with says Patterson, adding that diversity of thought leads to diversithy of solutions.
“That’s why diversitty is so important,” she says. A numbert of inclusiveness programs supportcareer development, workforcs planning, communication, and leadership accountability for minority E&Y was ranked one of the Top 50 Companies for Diversitt by DiversityInc. magazine and one of the top 50 employerz for people with disabilities byCAREERS & the disABLEsD magazine. When it comes to work/life balance and takintg advantage of the flexibilitt offered by the Patterson is certainlynot alone.
“E&Y is a great placer to work and raise a family at the same said a fellow employee in a surve for the Best Places toWork “I am challenged in my have the ability to contribute in various facet s of the organization and be a great model to my
terça-feira, 17 de abril de 2012
NBC Universal, Microsoft strike ad alliance - Phoenix Business Journal:
Terms of the deal were not Admira analyzes demographic data on viewersa to generate more targeted TV ads and also adds automatiomn to the buying The two companies tested the using Admira with the NBC Local Media grou p in March to buy and sell localk television ads inLos Angeles. "Out initial test of the systemin L.A. is off to a greatg start. Admira provides us with the potentiaol to help attract an entirely new segment of advertiseras to thelocal marketplace, particularlty small and midsize businesses that might not otherwise be able to buy locao television station advertising, which is a huge leap Frank Comerford, president of platform developmenft and commercial operations for NBC Local Media, said in a The full partnership is set to beginb in the fall.
The two giantds are more known through their linkthrough MSNBC.
domingo, 15 de abril de 2012
Letterheads reveal hand-crafted drawings and illustrations for early 1900s ... - Daily Mail
Daily Mail | Letterheads reveal hand-crafted drawings and illustrations for early 1900s ... Daily Mail By Daily Mail Reporter Letterheads giving an insight into American firms at the turn of the last century have become an unlikely online hit. The amazing artworks show envelopes, cheques, letters and business cards from 1850 to 1920. |
sexta-feira, 13 de abril de 2012
Denver workshop for community bank directors planned - Denver Business Journal:
The three-day workshop -- entitled "As New Director's Challenge: Mastering the Basics" -- will be held July 6-8 at the Westinn Tabor Center. The workshop aims to provide "practicap information that expandsbank directors' skills and understandinfg of issues facing their banks," the OCC said in a statement The workshop is geared primarily to directorws of national community banks with assets of less than $1 billionh who have fewer than three years of or longer-tenured directors who would like to reviews the fundamental requirements of their position, the offics said. The workshop costs $100.
Attendees receivs pre-course reading and course materials, an OCC telephonr seminar CD, a community bank supervision handbook, othed supervisory material, a continental and lunch. Workshops are limited to the first 50 For information or toregister online, visit or call
quarta-feira, 11 de abril de 2012
US Senator Urges Rewards for Burmese Reforms - Voice of America (blog)
Telegraph.co.uk | US Senator Urges Rewards for Burmese Reforms Voice of America (blog) An influential US senator says he will urge American officials to find ways to reward Burma for its recent steps toward further democracy. Senator James Webb made the remarks in Rangoon Wednesday, the same day that opposition leader Aung San Suu Kyi ... Bring Burma's Economy In From the Cold |
segunda-feira, 9 de abril de 2012
Tyler Technologies posts higher profit - Dallas Business Journal:
The company’s profit for the year includeda non-cas h legal settlement related to a warrants chargee of $9 million associated with litigatiojn tied to stock purchase warrants owned by . During the fourthj quarter, Dallas-based Tyler Technologies (NYSE: TYL) posted operating income of $9.7 million, up from operating incomse of $9.6 million durinbg the same quarterin 2007. Revenue for the quartere hit $69.5 million, a 15.1-percent increase from $60.54 million during the same period ayear prior. During the the company saw itssoftwarre licenses, software services, subscriptions and maintenance jump 17.8 For all of 2008, Tyler Technologies recorded an operating income of $28.
1 million, up from $26.8 million the year prior. Revenue for the year also jumpecd 20.6 percent, hitting $265.2 million, up from $219.98 million the year before. For 2009, the company says it has a backlogf in ordersof $240 million and a stronh balance sheet. Still, Tyler Technologies says firsft quarter earnings will not reach the same levelk as earnings recorded in the fourth quartertof 2008. The company anticipates 2009 revenue will be in the rangof $292 to $298 million. It also expectsx earnings per share to hit the 66to 72-centzs per share range.
sábado, 7 de abril de 2012
How Washington state competes for aerospace - Puget Sound Business Journal (Seattle):
We can accomplish this by showing that Washington is the best place to be for aerospace where companies and their suppliers can efficientlymanufacturer high-quality products that delived value to their customers. The aerospace industry provides vital jobs for the economtof Washington. Aerospace companies supporg morethan 200,000 jobs in our state and pay more than $5 billiobn annually in wages. There are 650 aerospace companiee operating in 28of Washington’s is the biggest, of but hundreds of aerospace companies here are smalo — employing fewer than 50 people. These companiesd manufacture parts, tools and composites; do designj and subassembly; and make repairs.
Other companies provide goodse and services that supportaerospace companies.
sexta-feira, 6 de abril de 2012
Sales of imported ros wines leap 42 percent - Orlando Business Journal:
U.S. retail sales of importerd rosé wines leapt 42 percent in the 52 week perioxd endingApril 4, compared with a less-than-5-percent increasesz in total sales of table wines durintg the same period, according to data citeed by the . The French wine council, known in France as Consei l Interprofessionnel des Vins de Provence or said Monday the steep risein rosé consumptiohn is consistent with an earlier study by Internationalp Wine & Spirit Record predictin g that consumption of the popular pinkish wines worldwider will jump from 565 millio bottles to 620 million by 2012. Not the CIVP expects the growing thirsft forimported rosé wines in the U.S.
markeg will bode well for France, particularly its Provence wine The French produce 28 percent ofworldwide rosé wineas by volume, making it the leader in the category, accordinb to the wine counsel, which represents 700 Provence wineries and 55 locakl trading companies. Provence produces 38 percent of France’sx rosés, the group reported. Separately, Nielsen figures revealed that2008 U.S. sales of rosé table wines pricef at $6 per bottle or more jumped 24.9 percent by pricd and 22.
4 percent by volume, despite a weakening
quarta-feira, 4 de abril de 2012
European Central Bank Leaves Interest Rates Unchanged - New York Times
Moneycontrol.com | European Central Bank Leaves Interest Rates Unchanged New York Times The European Central Bank left its main interest rate unchanged Wednesday, as expected, amid signs that the euro zone economy is sputtering and that credit remains tight. At its monthly monetary policy meeting in Frankfurt, the ECB governing council ... Draghi to underline bank's ability to withdraw massive bank loans when the ... Credit rating competition worries EU central bank ROUNDUP: What Forex Analysts Think Ahead Of The ECB Meeting |
segunda-feira, 2 de abril de 2012
Mahan credits rise to attitude adjustment - Houston Chronicle (blog)
Houston Chronicle (blog) | Mahan credits rise to attitude adjustment Houston Chronicle (blog) Final round: April 1 Hunter Mahan poses for a picture with the Shell Houston Open trophy. (Nick de la Torre / Houston Chronicle) Hunter Mahan kisses the Shell Houston Open trophy. (Nick de la Torre / Houston Chronicle) Hunter Mahan poses for a picture ... |