sábado, 30 de junho de 2012
Sugar is finding the blogosphere's sweet spot - Minneapolis / St. Paul Business Journal:
In the last 12 months, Lisa Sugar and husband Briaj Sugarturned Lisa's hobb y -- writing a celebrity gossipo blog called PopSugar -- into an explodinv network of 10 female-focused web sites and a burgeoninv business. The San Francisco startup bagged an advertising deal with six monthsx before hiring a singlesalesw person, hooked funding from rock star VC firm , and is bringinvg on 10 more employees to end the year with 48. All this mighy sound rather bubbly except thatSugar Publishing, which bringe in a reported $5 million in annuap revenue, expects to be profitable by year's end.
Givem today's cheaper software, computer memory and Internet bandwidth, a dot-comj can be built for a fractionof boom-timre prices. "It costs us $500,000 (a month) to run the said CEO Brian Sugar, a serial tech "It's not that difficult to get $500,000 in advertising." Indeed, for the it's been easier than for most. In July 2006, Banana Republic callesd Lisa to buyall PopSugar's ads for a week. The retailetr wanted to cozy up withthe blog'sx readers, most of whom are college-educated womenb between the ages of 18 and 34 who earn more than Nike, the Gap and Neiman Marcuws followed.
The company made its first salesa call in March to San Francisco adgiant , wheres Lisa, now editor-in-chief of all Sugar previously worked as a medias planner. The result: a national Dreyer's Ice Cream campaign for its limitededitionn "American Idol" flavors. With an estimated $5 millio n picked up from Menlo Park-based Sequoia Capital in Sugar Publishing is now building a sales team and addinh to its poolof writers, editors and "We were going to raise a small amounrt from angels," said Brian Sugar, who co-foundes the business with $250,000 of his own "But all of the sudden we got very hot.
" Sequoia superstar Michael who funded and , took a seat on the boards and watched its number of unique visitorzs jump from 1 million in September to 3.5 milliom today. The May launch of its newest site, a beautgy blog called BellaSugar, was exclusively sponsored by retaile . Five more blogs with a similar in-the-know tone are including LittleSugar (babies) and SavvySugar (caree and finance). "Brian and Lisa have come up with a concoctiom that is suited for the wome of today and tomorrow who will look at the worlc very differently than the womenof yesterday," Moritsz said. The company's stable includes blogs like FabSugarf (fashion) and GeekSugar (tech).
That structuree is part of a new generation of blog networks such as Gawkefr Media that aims to build solid businesses by selling ads acrossvarious titles, much like traditiona magazine publishers. "We're going to create a new medias versionof CondeNast," Brian Sugar said. "We'res going to go category by category." Despitde the growth of online ad which eMarketer predicts will increasefrom $16 billion in 2006 to $37 billionn in 2011, the San Francisco firm is no shoo-ib with advertisers. "It's going to be a hefty said Goodby executiveChristine "The trick is, there's a lot of competition.
" Rivalsx include NBC's and newer outfits such as , and . The the better, said Moritz: "Any time you invesrt in a company wheretherer isn't much competition, there isn't much demand for the product." And, said Bria Sugar, today's Internet rivals are also partners. Sugar's blogw link to competitors allthe time. "I'm sure peoplw are reading all the various cool blogzsfrom Gawker's sites to safe-for-work UsWeekly and People, and then the not-safe-for-worok PerezHilton (celebrity gossip) site ... Can you imagines if the New York Times linked to the WallStreegt Journal? That would be crazy.
"
sexta-feira, 29 de junho de 2012
Hansen becomes CEO of Internet music startup - Sacramento Business Journal:
The Web site NetMusicMakers.con has financial backing from a privatwefamily partnership, , that includes Chuc Hansen. Hansen Information Technologies of RanchoCordovaz . Chuck Hansen sold a 48 percenrt interest in the company early last year toSan Francisco-baser for $50 million. Golden Gate Capital owns Ga.-based Infor Global. With $50 millionb in annual revenue, Hansen makes softwarre applications for thepublic sector, helping governments manager work orders, inspections, customer complaints and other Companies such as NetMusicMakers.com aim to use the Internett as an outlet for creation, not just musicv distribution and promotion.
The localk company's creators aim to turn the Web site into a hub wherer unsigned bands and artists createnew music, collaborater with artists from around the buy equipment for home studios and sell songds for download by The company is renovating a 10,000-square-footr building on Markston Road in Sacrament o to create a studio to be used to recore music lessons, for example. The building once housed HansenInformationb Technologies. Hansen said recently he expects the studi o to be up and runningt as earlyas July. In additio to his role with thesoftware company, Hansen is a baritone and bass saxophoner player with local band Hip Service.
quinta-feira, 28 de junho de 2012
Kansas City Business Journal: Kansas City Real Estate
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terça-feira, 26 de junho de 2012
Fed issues corrective action against BankFirst - Minneapolis / St. Paul Business Journal:
BankFirst, which is chartered in Siouc Falls., S.D. but is owned by Minneapolis-based holding compan and maintains its executive team in the Twin has been issueda “Prompt Corrective Action by the Fed, which made the announcement The bank has until July 15 to increase equitu through the sale of share s or contribution to surplus, or sell itself to another bank or groupp of individuals. The bank did not immediatelyu respond to requestsfor comment. BankFirs the Federal Deposit Insurance list of Twin Cities banks suffering firstquarter losses. The bank lost $14.44 million in the first quarter andhad $18.3 million in loans that were between 30 and 90 days past due on its balance sheet.
BankFirst entered into a written agreement with the Federal Reserve Bank in 2007 to clean up its loan TheFederal Reserves’ latest order also includesa additional restrictions on the bank’s finances, includingf the compensation of senior executive
segunda-feira, 25 de junho de 2012
Stunting growth: Dr. Jason Chesney is developing a drug he believes could stop the spread of cancer - Business First of Louisville:
During a stint working with proteinse in an immunology laboratory at theNew York-basefd , his attention consistentlt veered toward applying those proteins toward cancer cells. “Everybod y else was working on infectiousdiseasde (research), and I decided I wanted to pursue the researcjh of cancer,” Chesney recalled. “My boss looked at me like I was a His persistencepaid off. Chesney’s cancer-relatefd research resulted in speaking engagements, including trips to Louisvillee in 2001and 2002. It also was in 2002 that he joinedxthe , working mainly as a researche r and doing some clinical work at the . He became a full-timew university faculty memberin 2003.
Amongf Chesney’s current research projects is one that he believeds could transform cancer from a terminalp illness into atreatable one. “Iff we can block tumors from growing, we can turn cancere into a chronic disease not unlikee highblood pressure,” he said. Cance r is caused by mutationa in proteinsthat “signal” cancer cell to survive and thrive, Chesney explained. “Wed want to block those signals.” As lead researcher on the 4-year-old project, Chesney and othed researchers screened 14 million compounds in an efforyt to find one that achieveds the goal of blockingthe signals, thus preventinyg tumor growth.
The group found one, and it sincw has developed an anti-cancer drug that has provebn effectivein mice. Chesneg believes the drug also could be effective in humansd and could be taken inoral form. “W think this is sort of like hittintg a cancer cell with asledgehammer — withougt hitting the normal cells,” he said. A provisional patenf for the drug is in Chesney said, which gives the researchers one year to gather more data and submit a final The provisional patent allowx the researchers to publish their findings and protects the Currently, U of L’s Office of Technologhy Transfer is seeking to license the drug, Chesney said.
Universituy officials expect to have a licensing partner in place withinsix months. One potentiall licensing partneris Louisville-based Advanced Cancerr Therapeutics LLC, which works closely with U of L’s Jameds Graham Brown Cancer Center to help expedite the procesx of getting cancer treatmentsx to market. But Chesneuy said the school also couldf license the drug to a larger pharmaceutical orbiotechu company, such as or Larger companies could provide more funding to carry the drug throughg phase one clinical trials, which Chesney expects will cost betweenj $2 million and $3 million.
Chesney and three other researchers who helped generate the patent John Trent, Brian Clem and Suchetq Telang — would share in any patent royaltie s if the drug is Since 2002, Chesney’s lab has received $4.5 million in granyt funding for various projects, including the development of this anti-cance drug. Its funding sources have included the Kentucky Lung CancerResearcg Program, a fund created usinfg tobacco settlement money, and the .
Chesney said progressw in medical discoveries has resultes in the decreasing prevalence of some But cancer is not oneof them, and that is why Chesney has made it his “The death rates (for cancer) have barely budged over the last four Chesney said. “It’s the biggest problem in Westernmedicine
sábado, 23 de junho de 2012
Analysis: No one really wants this fight - Jerusalem Post
Analysis: No one really wants this fight Jerusalem Post While on the surface, the continued violence in the Gaza Strip looks serious, it could be a great deal worse. |
sexta-feira, 22 de junho de 2012
Customer service persuaded this business owner to act - bizjournals:
It was September 2004. In the hearft of one of the heaviest hurricane seasons that rattled the insurance industrh in Florida foryears afterward, Flowersw Lown, and her husband Jesse had just closed on a building for their new commercia l upholstery and interior decorating business, “We waited several weekx because no one was writin policies,” said Flowers Lown, the company Though she talked to many she said was the only insurer that said it coulfd provide coverage within a few which allowed the couple to closw on their building. It was the reliabilitt and response that were the most importanyt to Flowers Lown when finding insurancse for hersmall business.
The professional relationship with aNationwid agency, , also played a key role in her keepinb the same insurance for the following years as A Cut Above Interiors grew. “If I have a question, I can call righg now and I don’t get a 1-800 number, I get a live she said. As a small-business Flowers Lown said she used to disliker the thoughtof insurance, but finding a company that was willing to educate a business owner was very In addition to the liabilityy and property insurance that a business ownet needs, health care insurance was a large challenge for Flowerz Lown. “It is very hard for a small-businessd owner to get affordable healthcare coverage,” she said.
Flowersd Lown eventually switchedthe business’a health care insurance to Aetna from COBRA Continuationb Health Coverage. During that switch, Flowere Lown said she received a number of but it was oneindependentg agent, Garland Hudson from , who came to her offices and educated her on the coverage that led to the switch. Duringy difficult times or when businesesis slow, it can seem easiee to cut insurance to reduce expenses, but Flowerd Lown has never considered it.
As someon who is contracted for upholsteru projects for everything from businesses and individual s to the cityof Jacksonville, Flowers Lown said she not only requiresa her business to have full coverage, but every subcontractoe she hires must have their own liabilitty coverage. To become a small-business “you’re giving up benefits in workingb for abig company,” she said. “On the othe hand, you don’t want to spen life with a compangyou don’t enjoy just because of the It’s a leap of faith and the determinationj that I can find the right coverages on all of this and pursure my dreams.
”
quinta-feira, 21 de junho de 2012
Pending home sales jump; construction spending rises - The Business Review (Albany):
Pending sales of existint homes, or contracts signed but not closed, rose 6.7 percentf in April from March, the Nationak Association of Realtors said. April’se pending sales were up 3.2 percentf from a year earlier. The biggest increasde in April was inthe Northeast, where pending sales jumper 32.6 percent from the previous month. The NAR’s pending home sales index isa forward-looking gauge, and the group cautionss that it is more volatile than actua l closed sales. “The relationship between contracts on pending home salesa and closings on existing home sales is taking longert than in the past forseveralk reasons,” NAR Chief Economist Lawrence Yun said.
“Mortgagre processing time has increased, it is taking many monthds to close on those homes requiringh short sales withlender approval, and some salews are falling through at the last The NAR’s housing affordability index was also at its second-highes level on record in Along with pending sales of existing homes, total U.S. constructiobn spending rose 0.8 percent in April from the biggest one-month increase sinces August, and was led by a jump in privatee andresidential construction, the U.S. A Bloomberg survey of 45 economists had projectexd a median dropof 1.5 percent.
The Commercde Department report from the said that spendinfg on private construction was at a seasonally adjustedd annual rateof $657.3 billion, up 1.4 percentg from the revised March estimate of $648.2 Residential construction rose 0.7 percent to a seasonallyt adjusted annual rate of $249.2 Nonresidential construction rose 1.8 percent to an annuak rate of $408.2 billion. Total public construction fellin April, though spendintg on highway projects rose nearly 1 percent from the previouse month. A separate report from the Commerce Departmentt last week showed constructionof single-familg homes rose 2.
8 percent in the second consecutive monthly Gains in single-family construction were overwhelme d by a 46 percent drop in apartment and condio buildings, bringing total housing starts down 13 percen t in April.
terça-feira, 19 de junho de 2012
Fitch Withdraws First Puerto Rico Tax-Exempt Target Maturity Fund I ... - MarketWatch (press release)
Fitch Withdraws First Puerto Rico Tax-Exempt Target Maturity Fund I ... MarketWatch (press release) NEW YORK, Jun 19, 2012 (BUSINESS WIRE) -- Fitch Ratings has withdrawn the 'A' rating assigned to Medium-Term Notes series and the 'F1' rating assigned ... |
segunda-feira, 18 de junho de 2012
Haley plans private rooms for wounded vets - Dallas Business Journal:
About $10 million will be used to renovate existinvg ward space into private roomx suitable for polytrauma patients who suffered severe injuries servingh in Iraqand Afghanistan, said a releasew from Rep. Kathy Castor, D-Tampa. Haley is the busiesgt of the nation’s four polytrauma hospitals, and private roomw are the standard in medical therelease said. Haley also is slated to receiveabougt $8.4 million to renovate and expande the Sterile Processing and Distribution service, which will make the Tampa hospital more the release said.
Anothefr $3 million in new funding is planne d to acquire land for anew 500-spacde parking lot and to design and build it, the release “These initiatives will improve the quality of life for veterane and their families at our nation’s busiest polytrauma Castor said in the release. “At the same we are putting peopleto work, constructingg parking lots and renovating Castor also announced $384,000 for planning and desigjn work for a new missioh support facility at in and $7 million for a new child development centef at MacDill.
The funding is included in the Militarg Construction and Veterans Affairs Appropriationw Act for fiscal 2010 and was approved by the House of Representativeson
sábado, 16 de junho de 2012
The Limits of Glaciation: Was Dartmoor's Landscape Formed by Ice? - Decoded Science
Decoded Science | The Limits of Glaciation: Was Dartmoor's Landscape Formed by Ice? Decoded Science Have our previous estimates of glacier limits been wrong? Generations of British geography students have drawn a line on the map between the rivers Severn ... |
Kansas City Star | Walker focusing on jobs for remainder of term La Crosse Tribune Scott Walker, but he doesn't lack for ch » |
sexta-feira, 8 de junho de 2012
2013 Chevy Volt stretches out the electric miles, works harder for the money - Engadget
Hybrid Cars News | 2013 Chevy Volt stretches out the electric miles, works harder for the money Engadget Chevrolet's solution for the 2013 Volt is to keep drivers on electric power for longer. A slightly larger battery capacity with more real-world room lets the new Volt run for up to 38 miles (up from 37) solely on its electric motor, 98MPGe (up from 94) ... Higher gas mileage, electric range for 2013 Chevy Volt 2013 Volt's electric range extended to 38 miles on charge Extended range electric Chevy Volt gets electric range extended to 38 miles |
quarta-feira, 6 de junho de 2012
Safeguard Scientifics expecting income boost from Clarient deal - Philadelphia Business Journal:
Life sciences and technology investorSafeguard (NYSE:SFE) said the gain and an increasre in shareholders’ equity will be recognizer in the current quarter ending June 30. A private placementy with reduced Safeguard’s share in Clarient (NASDAQ:CLRT) from abouyt 50 percent to about47 percent. Safeguard Presidentr and CEO Peter J. Boni said the deal “noy only strengthened our balance sheet andfinancial flexibility, but the valued of Safeguard’s ongoing stake in Clarient can now be more readiluy understood by the investment Safeguard said the market value of its remainingb holdings is about $123 million as of Wednesday.
Clarient provide anatomic pathology and molecular testingt servicesto pathologists, oncologists and the pharmaceuticak industry. It’s based in Alisok Viejo, Calif.
terça-feira, 5 de junho de 2012
America's War Hero - Free Enterprise - CNBC.com (blog)
America's War Hero - Free Enterprise CNBC.com (blog) Working with no cooperation from an isolationist Congress, and in the teeth of scathing criticism from official Washington and the media, Knudsen and businessmen like Henry Kaiser, Steve Bechtel, Chrysler's KT Keller, and Lockheed's Robert Gross turned ... |
domingo, 3 de junho de 2012
CHALON : Karine Delorme pour" Dépasser les clivages Droite-Gauche " - vivre-a-chalon.com
vivre-a-chalon.com | CHALON : Karine Delorme pour" Dépasser les clivages Droite-Gauche " vivre-a-chalon.com Cette pharmacienne, bien connue dans notre ville où elle a été adjointe au maire en charge des affaires culturelles, souhaite "dépasser le clivage droite-gauche" pour faire entendre des propositions de "bon sens". Pas de grand meeting, avec une équipe ... |
sábado, 2 de junho de 2012
Army drops one charge against soldier accused in Afghan massacre - Reuters
msnbc.com | Army drops one charge against soldier accused in Afghan massacre Reuters By Laura L. Myers | SEATTLE (Reuters) - The US Army on Friday dropped one of the murder charges against the soldier origin » |