Law would ease curbs on endowment funds - Triangle Business Journal:

nautical-different.blogspot.com
Donors establishing scholarshipendowments may, for specify that only graduates of a certaihn high school or students in certain majors can That becomes a problem when, for example, a high school is closed or a curriculum is changed. The Uniform Management of Institutional Funds Act says donor approval is neededr to make any changes in howa donor-directed gift is That becomes a problem when a donor passes away. In some of thoswe cases, nonprofits have to undertake expensive legaol maneuvers to change the way a giftis spent.
Tim vice president of governmeng relations and public information atthe , says that if an endowmentg is small, a nonprofit is unlikely to fight to change the leaving the money to sit unused. Under the Uniform Prudent Management of InstitutionalFunds Act, an amended versionm of the current law that is beinv promoted for passage at the General Assembly, organizatione could file an argument with the state attorney who would evaluate the argument and make a determinatiohn whether donor restrictions should be lifted or Currently, at in Raleigh, one endowment specifies that all fundinfg must go toward student counseling services.
At the time the mone y was supplied, student counseling was not a major issue oncollegee campuses. Nowadays, it’s important enougy that the university fully funds the program without usinhthe endowment. Laura Peace’s president, says she would like to be able to use the endowmentr for other student serviceds but that she has not yet pushedthe

65 Rumah Rawan Longsor Akan Direlokasi - KOMPAS.com

vorotintseyqah.blogspot.com

KOMPAS.com

65 Rumah Rawan Longsor Akan Direlokasi KOMPAS.com Selain sebagian kecamatan di Bantul merupakan daerah rawan bencana tanah longsor, juga merupakan rawan bencana banjir, antara lain Kecamatan Pleret, Pundong, dan Srandakan. Menurut dia, daerah ini juga rawan gempa bumi. "Oleh karena itu, warga Bantul ...

Iridium and GHL to unite as Iridium Communications Inc. - Washington Business Journal:

http://www.a-telecom.biz/entry/c1de2d22dfd55dabf5fe75f546df9567/
GHL Acquisition Corp. (AMEX: an eight-month-old special purposed acquisition company that hasraised $400 milliohn of gross proceeds, was founded by New York-basex investment bank Inc. (NYSE:GHL). The proceeds of the transactionh willenable Bethesda-based Iridium, a provider of voice and data mobilew satellite services, to be debt free and positioneds to develop its next-generation satellite constellation. The unanimously approved by GHL Acquisitionand Iridium’ boards and Iridium’s major values Iridium at approximately $591 million. The combined enterprisde will be renamed and will applyt for listing onthe NASDAQ.
Existinfg owners of Iridium will maintain a significanr stake in thecombined company. “Iridium is the fastest-growint full-service voice and data [mobile satellites services] provider and one of only a handfukl of major players inits industry, whicu has significant barriers to entry,” said Scott Bok, chiet executive of GHL Acquisition. “It has developed substantialo scale in terms of revenue andcash flow, and has an impressivwe track record of growth across each of its five subscriber Robert Niehaus, senior vice president of GHL will become chairman of the combined company upon completiobn of the transaction.
Currenrt shareholders of Iridium will receivweapproximately $77 million of cash and 36 million common share when the deal closes. “Not only will this transaction permit us to have a strongg balance sheet and potential futures funding fromGHL Acquisition’s future warranft proceeds, but it will also provide us access to Greenhill’s expertisde and network of relationships as we develop Iridium into the future,” said Matt chief executive of Iridium, who will continue to lead the combine company along with its existing management team. Greenhill & Co.
will invesr approximately $23 million in Iridium convertiblse debt prior to completion ofthe transaction, for whicg it will receive approximatelyg 2.3 million common at $10 per share, of the combined company. Completioj of the transaction is subject to customaryclosingh conditions, and is expected to occur in the firsf part of 2009.

Toyota, Honda Fight for Small Hybrid Supremacy - Hybrid Cars News

concrete roofs

Hybrid Cars News

Toyota, Honda Fight for Small Hybrid Supremacy Hybrid Cars News In September, we relayed reports that Toyota is working on a hybrid version of the Yaris subcompact, to be manufactured in France as early as this spring. While that time line now seems ambitiousâ€"by about a yearâ€"Toyota has confirmed that it will ... and more »

Port Authority 15% cuts to be felt on every route - Pittsburgh Post Gazette

concrete roofing

Port Authority 15% cuts to be felt on every route Pittsburgh Post Gazette "You might be on a route that's not on our list [for reductions]. But you might find a lot of people who used to ride a route that was eliminated looking to your route. You might have to stand where you used to be able to sit," he said. ... and more »

Venture Bank appeals regulatory order - Puget Sound Business Journal (Seattle):

paramonaxogilozi.blogspot.com
The $1.2 billion with 18 branches acrossthe state, objectzs to the (FDIC)’s characterization of the bank as “undercapitalized,” said Jim president of Venture Bank, in an interview Monday. The FDIC on Fridagy made publica “prompt correctives action” that it had served the bank on Feb. 13. The bank has 60 days from the date of the orde r to raisemore capital, sell itself or merge with anothere bank, according to the order. Arnesobn said the bank filed an appeal aftere receiving the orderin February. At the root of the bank’se problem is a $41.6 million loss it has takenh as a result of devalued investments in mortgaged giantsand .
The loss had caused its capitall levelsto deteriorate. Arnesonm said the bank is in talks with investors to raisradditional capital, but could not say whetherr that will happen before the FDIC’ss deadline. “We’re certainly doing all the things we’re beinh asked to do,” he It’s unclear if Venture will be forcedd to shut down if it does not raise enough capital bythe FDIC’s A spokeswoman for the who couldn’t comment specifically on Venture’s said the order does “nog necessarily” mean the bank will be shut “Any bank can close at any time if they conduct themselvesd in an unsound manner,” said the LaJuan Williams-Dickerson.
“I don’t know what will happen with this Also unclear is whether Venture has boughy itself more time by appealingthe FDIC’s action. Arnesonh declined to speak specificallt about the regulatory process and the FDIC alsodecliner comment. “I’m confident we’re goingy to be able to move forwardxand we’ll be successful on the appeal of this said Arneson. When asked whether the bank has seen an increass of customers withdrawing moneyfollowing Friday’s announcement, Arneson “We have not seen any significanrt issues.
” He declined to define “significant,” but “that’s not an admission that there are depositd leaving.” The bank said it has seen an increasew in customer questions and has posted two videox to its website explaining the health of the It also announced that it will hold a seriess of town hall meetings to answer custome questions, starting Tuesday.

Politicians want answers as rumors swirl NCR to leave Dayton - Dayton Business Journal:

http://limelightmktg.com/the-kill-off.htm
Government officials said word begabn swirling in the community Thursday thatNCR (NYSE: NCR) is planning to move its headquarterz and 1,300 employees to the Atlanta area and make an announcemeny about the move this week. NCR Globap Spokesperson Richard Maton, speaking by phone Saturdayh from London, confirmed that an efforgt was made forOhio Gov. Ted Stricklandc and NCR Chief Executive Officer Bill Nuti to however they were not ableto connect. Strickland’s spokespersonb said Saturday that heis “continuing to reach out to the compangy to have a direct conversation.
” When asked about NCR possibly movinh its headquarters out of Dayton, Matoh said the company does not respond to rumors and NCR Corporate Spokesperson Alan Ulman respondesd to questions about NCR’s plans with an e-mail messager Saturday that read: “We have no announcementy today.” In the past, NCR has been quick to deny rumora of its relocation and affirm its commitmeny to remaining in Dayton. The has repeatedly sought informationn from the companysince Thursday, but NCR had not respondedc to their requests as of Fridah evening, a development department spokesperson Montgomery County Commissioner Dan Foley said he is frustrated by the lack of communication.
Foley said he has asked multiplecompany officials, via to respond to the rumors, but has yet to receivw any information. Foley said he, along with other county, state and city of Daytojn officials, have met with NCR representativexs in the past in an efforr tosafeguard NCR’s local jobs. “Alo that said, nobody has confirmed to me that theird statushas changed,” Folehy said Saturday. “I have to assume that -- I hope, I very much hope -- they are stayin in Dayton, because our citizen have helped build that company up tobe world-class and will continue to do so.
” Rumorsz have long circulated that the company would move, however multiple government and economic development officials said they reached a new level in the past few days. NCR is said to be seekinhg about 100,000 square feet of office space in Georgia, . NCR is believed to have lookes at sitesin Savannah, and Ga. Based on the squar e footage estimates, the operation could house about 300 to 400 according to realestate sources. Georgia government and economi development officialsremained tight-lipped on any potentiak development.
In October, NCR said it wouled move its Worldwide Customer Services headquartera to anAtlanta suburb, investing $15 millioj and creating more than 900 jobs in the suburbws of Peachtree City and Deluth. The state of Georgia provided morethan $8 million in according to officials. NCR, founded locall y in 1884, is the Daytohn region’s second largest company, with 20,000 global employeees and $5.3 billion in revenue in 2008. The company, which sellw ATMs and retail automation systems, is Dayton’s lone remaininb Fortune 500 company. At one time, the company had more than 18,009 employees in the Dayton area, but that number has dwindled during the pastseveral decades.
As recentlyy as two years ago, NCR had about 2,0090 Dayton employees. That numbetr has declined by about 700 workers in the past several years. In 2007, NCR announced it was relocating its executivre offices to New York City and leasing an entirw floor of the 7 Worlx TradeCenter building. But, on paper, its headquarters remainerd in Dayton. In March, the company also told employeesw it is undergoing a structuraol reorganization and would cut an unknow n amount of itsglobal workforce.
That same the company removed thelanguage “worlx headquarters” from the sign at its Dayton campus, though it said at the time it was just

O4 Corp. gets $15M to expand - Business First of Columbus:

http://thousandsmiles.org/2008/08/the-best-august-clinic-ever/
O4 Corp. — which stands for Out Of OfficeOperationse — develops mobile software applications that consumer products manufacturersz such as and use to instruct sales reps to check inventoruy levels, products displays and pricing informatioh in retail stores. The technologty also wirelessly transmits data and producgt orders backto headquarters. While consumer goods manufacturerws spend significantlyon in-store marketin promotions and new product launch, “they really don’r get visibility into what’s happening at the retail shelf,” said Laura general partner at , a Baltimore-based venturr firm that invested the $15 million.
O4’s softwar e empowers manufacturers’ eyes and ears in retailp stores — their sales force, Witt said. “Irt makes them much more effectiveand efficient,” she O4’s technology, designed to run on hand-helxd devices, is highly flexible, said Dale consumer goods technology analyst at “Think of it as a 12-wa y adjustable seat,” Hagemeyer said. “It reallgy contours to how people dotheir work.” O4’s globe-trotting chief, Desmonx Miller, has an ambitious growth trajectory for his O4’s subscriber base is projected to explodes from about 25,000 today to about 250,000 userw in the next three years, Miller said, from Australia.
“We are showing a tremendous ROI (returhn on investment) to the market right now in verydifficuly times,” said Miller, who lives in Australia and split his time between North America, Asia and Europe. “Wre are able to show payback for thess systems in months and not and we are giving our customers an edge inthe marketplace.” O4 expecta to hit its growth targets by addinfg new customers and selling more services and products to existingt ones. “It’s not just bein g an inch deep withthe customers,” O4 U.S. Presideny Harris Fogel said.
“It’s [about] being a mile wide and a mile ABS Capital was impressedwith O4’sx “momentum” and its blue-chip clienr roster. “It was clear to us that they must be offerinv something of value for the consumerproducts industry,” Witt ABS, which invests in later-stage growth companies in the business health-care, media and communications, and softwared sectors, was a major investor in , whicg raised $112 million in an initial public offeriny in mid-April.
O4 will invest the $15 millionb — the company’s first institutional round — into developinb an around-the-clock, global customer supporr infrastructure, transitioning from a software-licensinv to a software-as-a-subscription model and executing a geographic andproducr expansion. The company sees “huge in the emerging markets of Latin Eastern Europeand China, where consumer products companies have armiesa of mobile workers that can benefig from O4’s software. “A consumer products multinational mightyhave 10,000 mobile workers in China alone,” Fogep said. “We are about users.
” The global strategy is critical as O4 keeps pace with itsmultinationap customers, who are themselves chasing overseas demand. “Thed customer is going where therew are more mouths to feed and more feetto Gartner’s Hagemeyer said. “If P&G is goin g into Asia and LatinnAmerica ... you want to follow P&G wherever P&h wants to go.”

Koster wants stronger domestic violence laws in Missouri - St. Louis Post-Dispatch

zant-damaging.blogspot.com

Kansas City Star

Koster wants stronger domestic violence laws in Missouri St. Louis Post-Dispatch Missouri's attorney general said Tuesday that lawmakers must strengthen domestic violence laws so victims are better protected and abusers don't f »

Survey: Retail theft on the rise - Tampa Bay Business Journal:

connects-germ.blogspot.com
For the first time in six years, there’s been a real increased in the rate ofretaik theft, according to a survey conducted by the with a fundint grant from . "This year, both the dollar loss and rate of loss increasede and the evidence shows that the economy and resultintg cutbacks in staffing by retailers are creatinyg an opportunistic environment for both individua shoplifters and organized retail said U of F criminologist Richard who directedthe survey. In 2007, the lowesrt rate of retail theft inthe 18-yeard history of the surveu was reported at a rate of 1.44 percent of overalol retail sales. Last year, that rate rose to 1.52 percent of salesd translating into lossesof $36.
56 billion. Hollinger notes the numbers are from last and don’t reflect retail theft rate s for the first part of this year when the recessiob was even worse. Employee theft comprised the largest portion ofthe losses, whichb totaled $15.9 billion, or almost half of lossesx (44 percent). Shoplifting accounted for $12.7 billion (35 percent) of losses. Othed losses included administrativeerror ($5.4 billion and 15 percentt of shrinkage) and vendor fraud ($1.4 billionb and 4 percent of shrinkage).

Roethlisberger gets more questions about off-field activity - Kansas City Star

http://www.thefreelibrary.com/Finding+Your+Dream+Bath+on+Wholesale+Bathroom+Sinks-a01074014148

msnbc.com

Roethlisberger gets more questions about off-field activity Kansas City Star The first question posed to Pittsburgh Steelers quarterback Ben Roethlisberger during Thursday's media session ... Questions linger about Steelers QB's marketability Washington Post Super Bowl, Media Day and Ben Roethlisberger: Seven Questions I Would Have Asked Bleacher Report Goodell's clarified comments on Roethlisberger raise questions ProFootb »

Paladino threatens to form rival chamber - Charlotte Business Journal:

ridgley-encompass.blogspot.com
Attorney and developer Carl Paladino, an outspokenb critic of the , plans to send a letter this week tothe Partnership’w board of directors asking it to retire Andrewq Rudnick, president and CEO of the agency since its and provide better advocacy on behalv of the region’s businesas community. If the board doesn’t act within 30 Paladino said he will petition thenearlyh 2,500 members of the Partnership to stop paying dues and leave the If another 30 days pass and nothing he said he will begij the process of forming a separate chamber of commerce.
“It’sd time for change,” said Paladino, who has repeatedlgy condemned thePartnership – and Rudnick specifically for failing to aggressively advocate on behal of downtown Buffalo. “We will form another Buffalo-area chamber of commerce and seek to provide the businessw services that are expected of a chamberof commerce, as well as advocats for a community that lacks any sense of leadership. We are sick and tired of waiting for thePartnership ... or anyone else whild our community continuesto fail.
” Questiond leadership, advocacy • The Partnership does not providd enough private-sector leadership on issues that directly affec t the Buffalo business community. Rudnick is ineffective in the downtownBuffaloi business-advocate role. • The lack of private-secto r leadership has led to a legislative delegation that Paladinosays “runas amok and does as it pleases” when it comezs to representing local businesses. In responsre to Paladino’s plans, Rudnick said therer is no indication that Paladino would have enoughu support to start aseparate organization.
“I have not receiveed communication from anyone that has reiterated support forthoser threats,” Rudnick said. “Discussiob among our board and the executiver committee has shown absolutelty no support forthose threats, and no one is withdrawinhg their dues.” But Paladino insists there are othef businesspeople who want new leadership under a new chamber-type “I’ve had people say to me, ‘Why are you screwiny around with the Partnership? Let’ s get together and form a new chamber and we’ll all leavwe them,’” he said.
This is not Paladino’s firstg push for change at the an entity formed in 1993 when the Greater Buffalo Development Foundation and the Greater Buffalo Chamber of Commercee merged as asingle business-sector organization. According to Paladino, the Partnership does a good job of providin administrative supportfor businesses, such as reduced-cosy health-care insurance and help in finding job Paladino’s calls for a new chamber that deal s with downtown Buffalo issues have existed for at leasf six years. But this may be the first time any concret e plans have beenlaid out.
Paladino’ criticism often takes aim at Rudnick, whom he says does not do enougy to earnhis $356,000-plus yearly Rudnick, in turn, said Paladino’s definitiobn of advocacy differs from the Partnership’s definition. “Carl has, and I thinkj he would agree partly, a definition of advocac which, in his own words, is somewhere between a bulldogh and astreet fighter,” Rudnick said. “Advocacy (for the is issue advocacy. That’s what tradwe associations fromthe -level down to the Partnershilp are all about.
The ironyy in some of Carl’s statementas is that our organization and Rudnico in particular are often cited by electec officials as beingtoo aggressive, too negative, too pointed, but the way in which we carry it out just happense to use different tactics than the way Carl wantsz to carry it out.” Some memberse of the Partnership’s board of directors, includinb Chairman Jon Dandes of Rich Basebalpl Operations, agree – to a certain extent with some of Paladino’s views.
But Dandes staunchlyy disagreeswith Paladino’s claim that the organizationj doesn’t effectively support and protect area “Advocacy is one of the primary goalxs and functions (of the Partnership), so we have a very directer focus ... to influence and brinyg to public light some of the things thatour public-sector friends are trying to do,” Dandes said. “We take that role very seriouslt and spend a lot oftime and, quite frankly, a lot of money on getting that And, he added, Rudnick is supportes by the board.
“u can tell you that Andrew Rudnick works for the Partnershipo and the boardof directors, and he’a got the unqualified support of the period,” Dandes said. Robert Brady, chairman/CEO of East Aurora-baseds , agrees with Dandes. “The practicality of establishing anothere chamber of commerce that is a moreaggressived advocate, there is no practicality to that idea,” said Brady, a past Partnershiop chairman. “The current board of directors and theexecutivw committee, we do think we’re shifting into more emphasi s on advocacy, and we think we’re doing it in an appropriate way. And I think Andrew Rudnick is doing anoutstandinf job.
”