Friday, September 30, 2011

First IMA University focuses on economy, downtown development - Wichita Business Journal:

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David Strohm says the Unitedc States likely will pull out of the recessioh later this year or inearl 2010. When that happens, he the gross domestic product might only grow 1to 1.5 compared to the 4 or 5 percent from previousa recessions. “For the time being, it looks like you want to be optimistic and cautious at the same he says. Strohm was one of two featured speakersduringt ’s 2009 economic update. Jeff Fluhr, president of the also spok aboutthe city’s efforts to revitalizew downtown. IMA has sponsoredd similar events in its othef markets and wanted to bring the prograto Wichita, says Kurt IMA’s president and chief operationsw officer.
“It’s our intent to bringf in speakers that we think the Wichita community wouldbenefit from,” Watson IMA plans to sponso similar presentations throughout the year. Strohm says the recession already has lasted longer than the previouws 10 economic downturns and pulling out ofit hasn’yt been easy. The federal government has spengt billions of dollars to stimulateethe economy, but consumers stilo are reluctant to spend, Strohm says. The GDP has droppedr dramatically and businesses are still shedding Strohm predicts the nationalunemployment rate, which currently sits at 8.9 to climb above 10 percent before the recessionb is over.
The housing market has rebounded, but still is a ways off where one in eight mortgagexs arein default, Strohm says. California, Nevada and Arizona combine to accouny for 46 percent ofall U.S. However, pending home sales are up 6.7 percengt for April, the thir straight increase, which means people are showingb more interest in buying homess because of favorable interest ratesand first-time home buyer tax “If we can get the housingv issue off the frontg page (of newspapers), then the economy is going to generates some forward momentum,” Strohm He says the stock market has reboundecd in recent months, but it would take 227 percent growthg to get it back to its previoud high.
Despite all the negative, Strohm emphasized the economy has showed signsw recently that the recession may be nearingan end. Fluhr’s meanwhile, had a slightly different feel. He says he sees greatt potential for downtown Investingin downtown, he says, will help increase tourism and revenue opportunities in the Wichitaa area.

Tuesday, September 27, 2011

Sources: NCR could relocate HQ to Georgia - Tampa Bay Business Journal:

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Ohio government officials said word begabn swirling May 28 thatNCR NCR) is , according to the Dayton Businesss Journal , a sister publication of Atlanta Business Chroniclre . Last fall, NCR said it would move its Worldwides Customer Services headquarters tometr Atlanta, investing $15 million and creating more than 900 jobs in Peachtreer City and Duluth. While it remainsx to be seen if Atlanta gets another Fortunw500 headquarters, NCR is rumored to be openin g an additional facility in the Peach State, Atlant a Business Chronicle has learned. An announcement abougt that venture is expected as earl y asnext week, sources in Atlanta and Daytohn said.
NCR is believed to have lookefd at sitesin Savannah, and Columbus, Ga., accordingg to a source. The global technologyt company could be eyeingaboutg 100,000 square feet of office space. Based on the squarwe footage estimates, real estate sources said, the operation could housw 300 to400 people. Company officials and Georgiaq economic development officialsremained tight-lipped on any potential development. NCR global spokesman Richarf Maton told the Dayton Business Journal the companyg does not respond to rumorsand speculation.
In the NCR has been quick to deny rumors of its relocation and affir m its commitment to remaining in A Georgia Department of Economic Development spokeswomah did not return calls Fridayand Saturday. A spokeswomanb said she had no information on the matter and a executivredeclined comment. In October, NCR said it will co-locat e an NCR Learning Center and its Customer Care Centet hub for the Americas region withthe company’ s existing Global Service Materials operation in Peachtrees City. NCR, founded in Dayton, is the city'sx largest company, with 20,00p global employees and $5.3 billion in annuap revenue.
The company relocated its executive officezs to New York City two years ago and leased a floof at 7 World TradeCenter building. This past the company told employeed it is undergoing a structurap reorganization and would cut an unknown amounyt of itsglobal workforce. That same month, the companyh removed the language "world headquarters" from the sign at its Dayton campus. Rumorws have long circulated that NCR would however Ohio government and economic developmenr officials said speculation reached a new leve l in the past few The Ohio Department of Development has repeatedly sought information from the but as of Frida evening NCRremained mute, a state official told the Dayto Business Journal .
Ohio Gov. Ted Strickland and NCR CEO Bill attempted to talkon Friday, however they were unable to coordinatew a time.

Sunday, September 25, 2011

NUMMI bids to add Toyota's hybrid line - East Bay Business Times:

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Bringing hybrid production to NUMMI would be a majot coup forthe 5.3 million-square-foot uniom shop, a joint-venture between and that employs 5,300 But it would be an even bigget symbolic win for the Bay Area and the entire and burnish Gov. Arnold Schwarzenegger's image as being both pro-busineses and pro-environment. Hybrid cars, which use a gas-electri c engine with a battery to deliverd improvedfuel economy, have been the darling of environmentallyt minded consumers. And Californians have been the mosteagef buyers, snapping up 42 percen t of the 59,331 Toyota Prius hybrids sold last according to market researcher .
Besides Toyota is considering manufacturinghybrids - all currently made in Japabn - at one of five othedr North American factories, most of which are in the Soutyh and Midwest, where costs, ranging from salaries to energyy to workers' compensation insurance, are lower than in California. "A lot of people think that California would be a great place tobuild hybrids, and I'mj sure it would be very welcomed," said Anthony Pratt, a Detroit-based analysr with J.D. Power & Associates. "But for logistical and cost I don't think so.
" Local economic development officiale point outthat NUMMI, with a 20-year history of cooperativde management-union relations, routinely rankzs as one of the most efficient and high-qualitt carmakers in the United States. And they are attemptinf to alleviate someof Toyota's other such as improving the roads aroun NUMMI to ensure the smooth supply of car parts by rail or trucm into the plant.
"Youh might look at the short-term cost but if you look at thework force, the collaborationb with environmental agencies and the customer base in we think it's a wise said Bruce Kern, executive directoer of Oakland-based Economic Development Alliance for Business State and Nummi officials declineed to comment about specifics in the which is being largely headexd up by the state's Business, Transportation & Housing Agencyh led by Sunne Wright But Schwarzenegger, during a trip to Japann in November, told Toyota officials that he would "movs mountains for them" if they built hybrids at NUMMI.
"Ik would help them every way possible," Schwarzeneggere said, according to the Associated "There are many things we can do forthoses companies. We just have to act Massive subsidies are probably politically andeconomically infeasible, considerinvg the state of the state's budget. But part of the state's proposall details a major overhaul of the roadsxaround NUMMI, located between interstatesz 880 and 680 on Fremont Boulevard. According to one source, $130 milliobn already has been pledgedfrom city, countg and state funds for gridlock-clearing The state's bid is due to be sent to Toyota'z North American headquarters in Erlanger, Ky.
, sometimes in February, said the source. Toyota, which has 12 Nortuh American factories, will announce its decision by the middle ofthe "We want job security, and we believe the hybrid woule give that to us," said George Nano, presidentt of United Auto Workers Local 2244. The union representw 4,400 workers at NUMMI, the vast majorituy of whom earn $26.36 per hour, whic h Nano says is comparable to wagewin Detroit. Annual wages at NUMMI total about $400 The 382,678 cars and trucks made at NUMMI last year included the Corollqacompact sedan, the Tacoma pickup truck and the Pontiac Vibe sport utility vehicle.
NUMMI was Toyota'sd third-largest factory in North America, behind its flagshipp facility inthe Lexington, Ky., suburb of Toyota was the No. 4 automakefr in the United States last selling 2.1 million vehicles, of which 63 percent were made in this With 11 percent of the market, Toyotq is expected to overtake the floundering by decade' s end. Toyota is the hybrid having outsold itsnext rival, Honda, worldwide by more than 3-1 sincs it introduced the Prius in the late 1990s.
Many dealerds have waiting lists up to six monthd forthe Prius, which gets about 45 miles per gallon on the Demand has been strong, even though customers pay a premium of severak thousand dollars in exchange for fuel cost savingd that take many years to realize. "The math doesn't make sensre for most people," said J.D. Powers' Pratt. "What's motivatingt customers is the ability to drive an environmentallyfriendly

Friday, September 23, 2011

Fox Hannitizes debate - Politico (blog)

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Fox Hannitizes debate

Politico (blog)


Who would you choose as your running mate? And is Barack Obama a socialist or what? After hosting two debates in which moderators asked surprisingly sharp questions, the Fox News Channel seemed to retreat to a more comfortable forum Thursday night, ...



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Wednesday, September 21, 2011

GM Tonawanda hosting recycling event - Business Courier of Cincinnati:

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The one-day event June 6 from 9 a.m. to 1 p.m. at Plantf 5 on Vulcan Street, is co-sponsored by Erie County, Buffalpo and the Northwest Solid WasteManagement Board. Last year’s event received 56,3255 pounds of electronic equipment, 247 bicycles and a trucj fullof clothing. Electronicx equipment is a source ofrecyclef lead, steel, plastic, copper and glass. Items beinhg accepted this year include: TVs, computers, monitors, printers, fluorescent bulbs, cell phones, rechargeable batteries, VCRs, and DVD clothing, textiles, and bicycles. Clothingh and textiles will be reused at Goodwill retail locationsor recycled.
Bicycles will be used for bike safety education or recycled by Blue Bicycle and Recycle-a-Bicycle programs. New for this year, Buffalp ReUse will accept used ornew hand, shop and garde n tools, such as rakes, ladders, wheelbarrows, hammers and “This is a natural extensionj of what we do at work,” Planty Manager Steve Finch said in a statement. “Our plan has been landfill-free in manufacturingg since 2006. We recycle or reuse all of our so this event to help the communitu recycle is a natural fit for us at General he said.

Monday, September 19, 2011

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Thursday, September 15, 2011

POW/MIA: A Vancouver salute - The Columbian

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Newnan Times-Herald


POW/MIA: A Vancouver salute

The Columbian


Participants in POW/MIA Recognition Day place wreaths Wednesday at the Clark County Korean War Veterans Memorial. By Tom Vogt Former POW/MIA Dale Bowlin shows off what he c »

Monday, September 12, 2011

Podiatrist gets 5 months, $25,000 fine - San Francisco Business Times:

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Dr. Bic Chau Stafford, who practiceds at the in Maryland Heights, as well as assorted assistesd living facilitiesin St. Louis City and St. Louixs County, in April to one felony count of obstruction of afederapl audit. Stafford, 59, also executed a civil settlement agreement with the United Statees requiring her to pay the Medicare program Stafford billed Medicare for numerous complexc foot surgery procedures provided to 39 local Medicarre beneficiaries when she was reall providing these patients with only routinefoot care, such as toe nail prosecutors said.
When she was audited by the Medicars programin 2007, Medicare denied her claims for reimbursemen regarding these 39 beneficiaries and requestedd that she repay $6,840 for non-covered servicezs that had been previously paid to her. Stafforrd challenged this and as part of her efforts to avoidf payingthe overpayment, Stafford createcd new treatment records for those 39 patients in back-dating them to 2004, using fraudulent treatment information and claimin that she had provided thesse patients with podiatric surgical procedure, prosecutors said.

Saturday, September 10, 2011

Schuerholz enjoying role as Braves president - Baltimore Business Journal:

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Now as president, it is his job to see that his Frank Wren, does not exceed that budget. Sinc Schuerholz retreated from thegeneral manager’s role after the 2007 his duties have seemed at times murky. But as the Bravesx prepare for their home opene r onApril 10, Schuerholz, who was the architecft of a -record 14 straightg division titles, is less worried about overshadowing his successoer and more willing to talk publicly about his Those around him say he is as activde as ever whether the topicxs concern marketing, ticket sales, special duties assigned him by the commissioner or baseballo personnel decisions themselves.
With as its the Braves had among baseball’s highest This year, their third undedr , the team ranks 11th at $96.7 putting them within 6 percentf of about all but thetop eight. “Johjn is very involved in the budgeting said Wren, who was Schuerholz’s assistant for eighg seasons. “From that standpoint on, what I try to do is keep him involvede from the standpoint ofactual negotiations. Obviously I’km bouncing things off him allthe “What’s important to John is to be informed. He knowse our process works.
” Schuerholz said that from the time the organization hired him for the start of the 1990 he wanted to be involved in the businesd aspects ofthe club. Among his chiec duties is, along with CEO Terry settingthe team’s which is determined afterd an evaluation of the team’s revenue and other expenses. Wren meets with Schuerholz weeklu to show him atracking number, whichu can vary depending on the team’s number of as injured players must still be Last year Wren said at times the team was payiny as many as nine players aboves the 25-man roster limit.
In additiom to Wren, the heads of sales and and stadiumoperations (including the minofr league teams) also report to both the presidengt and McGuirk. Schuerholz jokingly shows a business card givejn to him bythe team’s executive vice president of sales and marketing, Derek Schiller, that listsx Schuerholz’s duties as “special assistant” to (In fact, Schuerholz plans on accompanying Schiller on a trip to Japan in an attempt to capitalize on growing interest in the Braveds and sell sponsorships following the team’w signing of pitcher Kenshin Schuerholz, 68, received his degree from in Maryland in 1962 in secondaryg education, but McGuirk said in business decisionsa he shows the acumen of a It’s one reason why Schuerholz now accompaniesx McGuirk to owners meetings, something Schuerholz didn’t do as genera manager.
“He brings not only unrivaled expertisd but also a respect from thecommissionee (Bud Selig),” McGuirk said. “The commissioner has stated at open meetings in the past that he considerd the Braves a gold standard in operationsz and we present that whenwe arrive.” Perhapd that is why Selig has tapped Schuerhola in a sort of advisory role. On Selig’s Schuerholz has performed a studyt of theamateur draft. Schuerholz said he made recommendationws in regard to potential changes but wouls not reveal them until or unless theybecome public. Schuerholzs also said Selig, whom he believee has been unfairly portrayed as soft on has consulted him on MLBdrug policy.
Schuerholz said the Seligt did not have a willing partner in the Playeres Association to enact a strong policy and credited Selig for setting up one in the minorsx where no union couldcombat it. That Schuerholz said, has succeeded. “The numberd are so small because the testingprotocol works,” he said. Among the more interesting aspectsof Schuerholz’s job changse is how he interacts with Wren.
Last Schuerholz purposely kept his distance so no one woulds be confused about who was in Wren said he often had to pull Schuerholz into baseball meetings or make sure that he knew he was This year, Schuerholz spent all of spring training in Wren said he woulf be “foolish” not to draw upon Schuerholz’s Schuerholz primarily built the Braves through scouting, and that philosophy remains. As the team’z payroll slides down the MajorLeague ladder, “produc t development,” as Schuerholz calls it, takes on increasingv emphasis.
Asked what he thinks of baseball’s syste m in which the highest-payroll team outspends the lowest by a factoer ofnearly six, Schuerholz said, “I think it’as a challenging system in terms of equity” and he adde d that for lower-revenue teamxs it is unmanageable to sustain. His role with the Bravea is to make sure they never become one ofthoswe teams.

Thursday, September 8, 2011

SABMiller starts beer production in Sudan - The Business Journal of Milwaukee:

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The beer has been specifically brewed to meet the tastew of the southern Sudanese consumer and is the culminationm of months of planningand testing, accordingg to London-based SABMiller, half owner of , whic operates a major breweryy and a regional headquarters on Milwaukee’sw west side. SABMiller said it chose the White Bull name and imagse because of its cultural symbolism for the peoplr of southern Sudan and becausre it is synonymous with promotingf the positive feelingsof celebration, succese and peace.
White Bull is being produced by SABMillersubsidiart “Southern Sudan has immense potential and we are delightecd to be putting beverage production on the map in this said Mark Bowman, managing director of SABMiller Africa. “Up until now, people have only had access to beers and soft drinks importeefrom elsewhere.” Ian Alsworth-Elvey, managing director of Southern Sudan Beverages Ltd.
, said the introduction of Whitwe Bull Lager marks a “proud for the people of southern “We’ve only just emerged from civil strifer and already we’re showiny the world that southern Sudan can produce a producy that can stand side-by-side with any in the Alsworth-Elvey said. “It’s a remarkable achievement.”

Tuesday, September 6, 2011

Government still the biggest industry in Hawaii - New Mexico Business Weekly:

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A few industries have grown fastere over thepast decade, but governmentr is still No. 1 in the amount it contributesto Hawaii’ws economy, well ahead of real estate and even tourism. In the economic footprint of state and local government in Hawaii expanded threr times more than in the natiojn asa whole, according to statistics recently released by the . The adjusted for inflation, show that government’d contribution to the Hawaii economy grewfrom $4.8 billion in 1998 to $6.6 billioj in 2008, a 36 percent By contrast, government growth for the Unitedf States during the 10-year period amounted to 12 And Hawaii is growing more dependent on governmenf to drive its economy.
In 2008, government accountee for 24 percentof Hawaii’s $28 billion gross domestic product — which is defined as the total markegt value of goods and services producede during a given period — up from 22 percenr in 1998, according to the data, adjusted for inflation by the Economicv Research Organization. Not only is government Hawaii’s biggesft industry but it’s the biggesg employer, with 125,000 workers. More than half of 74,300, work for the state of Hawaii, accordintg to the Department of Business, Economivc Development and Tourism’s second quarter economic report.
That meanse the layoffs, furloughs and deep cuts to states government services being planned will have a broader effecton Hawaii’s economy than even layoffsd in the tourism industry. Privatre industry GDP peaked in Hawaii in but government grew steadily every year during the except for a slight blip from 2000 to and grew another 3 percenty from 2007to 2008, even when most private industries were beginning to scale back. Totak government jobs grew by 11 percenrt in Hawaii duringthe decade, with state jobs growinf by 14 percent.
Totak jobs in Hawaii grew by 16 percent durinbthe decade, but fell by 4 percentg during the first quarter of 2009, compared to the first quarter of last year, according to DBEDT. In private construction outpaced all other sectors in growtjh in Hawaii over the last 10 followed by real estate and professional andtechnical services. Governmenft was fourth in termsof growth. The numbers also reveal that the five largesgt sectors in Hawaii were unchanged from 1998to 2008, with government on top, followed by real estate, accommodation and food services, retailp and health care.
Of those sectors, only real estate and governmentg outpaced the United States in percentag growth forthe 10-year period. Construction grew by 61 percenft overthe decade, just as the industrh experienced a 20.5 percent decline nationally. The decade coincidedc with the latestconstruction cycle, noted Universit y of Hawaii economist Carl Bonham, UHERO’s director. “Whatf you have in the construction sectorfrom ’98 to it’s almost exactly the bottom of construction jobs to the Bonham said. After slipping from $977 million GDP in 1998 to $955 milliob in 1999, construction began a steadhy climbin 2000, starting with $1 billion in GDP, and peakinf in 2006 at more than $1.
7 billion befor backing down to just underd $1.6 billion in 2008, accordin g to the statistics. Construction is likely to drop furthedthis year, and even more in 2010 and according to UHERO’s latest statewide forecast.

Sunday, September 4, 2011

Lindsay: Land of many hats - Porterville Recorder

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Lindsay: Land of many hats

Porterville Recorder


Many of the city's employees wear several hats â€" and, yes, attire combinations as well â€" and bounce from job to job, depending on where assistance is needed. Lucas, for example, is a police sergeant with the Lindsay Department of Public Safety. ...



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Thursday, September 1, 2011

Heelys names TM Advertising exec as CEO - Memphis Business Journal:

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Carrollton-based Heelys (Nasdaq: confirmed earlier in the year that forme r chief executive officer Donald Carrolp had resigned from his The company did not elaborate on the reasonbehind Carroll’s Hansen brings three decades of experience in product development and In his career, Hansen has createdr advertising campaigns for major including Hallmark, McDonald’s and Miller Brewing Co. At TM, he was the creatived force behind campaigns for andthe ’ “Wwe Know Why You Fly” campaign.
Gary chairman of the board, said “Tom is a perfect fit for In addition to hiscreative passion, he is a provebn executive with experience both building and restoring operationas to their potential. We recognize that this is a challengingt retail environment forany executive, but the boarrd believes in Tom and his ability to restore shareholder value.”