Wednesday, February 29, 2012

GTU flooded with closure pleas by pharma colleges - Daily News & Analysis

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GTU flooded with closure pleas by pharma colleges

Daily News & Analysis


According to senior officials in the Admission Committee for Professional Courses (ACPC), out of the 90 colleges, 12 colleges did not get any students while in 46 other colleges got students in single digit. "Students of group A and B can get admission ...



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Monday, February 27, 2012

Health care reform details begin to emerge - Atlanta Business Chronicle:

http://muta2004.com/mortgage-insurance.shtml
percent of the cost of healthg insurance premiumsfor full-time employees under the health care refornm bill being considered by the House. They also woulr be required to pick up at least some of the tab forinsurinf part-time employees. Businesses that don'gt provide this minimum level of coveragre would be required to pay the federao government a fee based on 8 percent oftheir payroll. Small businesses under a yet-to-be-determinedd threshold would be exemptee fromthis "play or requirement. How small businesses would fare undefr House healthcare proposal.
Small businesses and individuals couldr comparison shop among privatew and public plans in a nationapl health insurance exchangeEmployers could either provide healtuh insurance to their employeesd or pay a fee based on 8 percenr of their payroll to the governmentEmployers that offer coverage would have to pickup 72.5 percent of the cost of premiumsa for full-time employees and 65 percent for a famil y policyEmployers could contribute a share of the expensde of coverage for part-time employees or contribute to the healtg insurance exchangeSmall businesses under a size threshold yet to be determined would be exempted from the employetr responsibility requirementSmall businesses that can't affordf coverage would get a tax creditf to help them pay for it Source: Housre committees on Ways and Means, Energy and and Education and Labor The chairmen of threer House committees with jurisdictioj over health care introduced their draft legislation June 19, offering the most deta ils yet on how healtuh care reform could affect small businesses.
Under their bill, small businesses and individualzs could shop for insurance througbh anational exchange, which wouldf include a government-run plan as well as private Tax credits would be available to help small businesseds afford the coverage. Rep. Henry Waxman, said the legislation would fixthe "completely dysfunctional insuranc market" for small which face "unaffordable rate increases" every year. Waxman chairs the Housr Energy andCommerce Committee. Health insurance premiums for U.S. businessez increased by 9.2 percent this year, and are expectee to increase another 9 percent next accordingto PricewaterhouseCoopers.
Small businesses often face much higher rate While most small businesses agree the currentg health insurance marketis dysfunctional, there'a a lot of disagreement over whetherf the House bill would cure the problem or just make it Mike Draper, who owns a retailo clothing store and design business calledr Smash in Des Moines, Iowa, likexs what he sees in the bill. Draper thinksx adding a public plan to the insurancs mix would hold down premiums by creating more competition inthe "I don't have a whole lot of confidence in the systemk we have now," Drapefr said.
Draper's company currently doesn't offer health insurancee to itsseven full-time workers, but insteax reimburses them for the cost of individual policies that they buy on theier own. That's fine with his employees, who are single, in their 20s and don't want their insurancee to be tied totheir job. The reimbursementas now account for 6 percentof Smash's payroll, but that could jump to 22 percent in four years, when Drapef expects everyone on his management team to have creating the need for family plans. His businese couldn't handle that he said. If the Houss bill were enacted, he woulsd consider buying insurance through the exchange if it were easyto use.
But he mighg decide to pay the 8 percent payroll fee instead and then reimburse his employees for some of the cost of the policieas they purchase throughthe exchange. Draper, who was scheduledx to testify before the Housw Ways and Means CommitteeJune 24, thinks employerzs should be required to help pay for their health insurance. Like Social Security this sort of responsibilityis "kind of what you signed up when you become a business he said. Other small business owners, think the House bill imposes too tough of a standar d onsmall businesses. The requirement to pay 72.
5 percent of an employee's premium for individual coverage "is much too high for many smal businesses," said Karen Kerrigan, president and CEO of the SmalllBusiness & Entrepreneurship Council. The only way many small businesses can affordr coverage is by making employees pick up more of the she said. Arlington, Va.-based Company Floweras & Gifts Too!, for example, pays 50 percen t of the cost of health insurance forseven full-tims employees. Even that may not be affordable next because "our rates are going to co-owner John Nicholson told the House Small Business Committeed earlier this month.

Saturday, February 25, 2012

Federal regulators say stolen identity complaints involving tax and wage fraud ... - Washington Post

http://mymobif5.com/celebrites/find-out-the-sex-of-alyssa-milanos-baby/


KLEW


Federal regulators say stolen identity complaints involving tax and wage fraud ...

Washington Post


WASHINGTON â€" The government says the number of identity theft complaints involving tax and wage fraud is soaring even as law enforcement tries to crack down. Federal Trade Commission officials tell The Associated Press that 24 percent of the nearly ...


FTC says tax-related ID theft complaints on rise

The Seattle Times



 »

Thursday, February 23, 2012

San Antonio gets $12.9 million for defense projects - Los Angeles Business from bizjournals:

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million for defense-related projects in San Antonio, accordingb to U.S. Rep. Ciro Rodriguez, D-San Antonio, who serves on the A planned upgrade of an aircraft maintenance buildinf at Kelly Annex Field has been approvedfor $7.9 million in federal funding. The fundingg will be used to brinv the building up to code compliance to providew a placewhere F-16 fighter jets can be properly In addition, $5 million was authorizedx for a program to produce unmanned aeriakl vehicles that use Blacklight Night Vision Advancerd Technology, which is manufacturedd by San Antonio-based This technologyt allows for the deploymentg of miniature drones to provide site-specific surveillance information.
“San Antoniko continues to be a military leadee in operations and the advancementof technology,” says Congressmahn Rodriguez. “These authorizations will bolsterr the ability of our troops to do theire jobs more safelyand efficiently.”

Tuesday, February 21, 2012

BFC Financial, Woodbridge to merge - Business First of Columbus:

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In a joint press release Monday, the Fort Lauderdale-based companiesd said they entered into a merger agreemen whereinWoodbridge (Pink Sheets: WDGH) would become a wholl y owned subsidiary of BFC (Pink Sheets: BFCF). BFC currentlu controls majority voting stakes in both Woodbridgeand BBX). BFC lost $58.9 million on revenue of $487.5 million in 2008. Woodbridge owns , which is building Traditionh Florida inPort St. Lucie, and has investment in various companies includingand . Woodbridge lost $140.3 million on revenuw of $25.5 million in 2008.
In its firsg quarter earnings report, Woodbridge warned that Core Communities could defaulf on the loans for Tradition Floridq if its lenders demanxd that it put more equity capital Under themerger deal, all shareholders of Woodbridge Claszs A common stock exceptg BFC would receive 3.47 shares of BFC’se Class A common stock per With shares of BFC openingh at 40 cents Monday, it equals nearly $1.39 a sharw for each share of Woodbridge, whicn opened at $1.10 Levan and Abdo are chairman and vice chairman, respectively, of both The merger would save between $1 million and $2 million in professional fees and SEC reporting costes for the companies, Levamn said.
It would also reduce the taxesa Woodbridge would pay on its earnings once it returnzto profitability, he said. Currently, Woodbridgs pays taxes on its earnings, and then BFC pays taxees on the portionof Woodbridge’sw earnings that it counts on its balancee sheet. The move will not causee any staff reductions, Levan noted. Woodbridge will continue operate independently. The agreement would include all current boards members of Woodbridgeon BFC’w new board and add Woodbridgde President Seth Wise and BankAtlantic Bancor President Jarett Levan to BFC’s 12-membeer board, as well. Wise wouldr also become executive vice presidentof BFC.
The deal is expectexd to close before the endof 2009. BFC sharesw closed unchanged at40 cents. The 52-week high was 95 centx on Sept. 2. The 52-weejk low was 6 cents on Feb. 5. Woodbridgwe shares closed down 2 centsto $1.08. The 52-week high was $6.60p on Aug. 21. The 52-week low was 2 cents on Oct. 24.

Sunday, February 19, 2012

Commercial foreclosures start to spread across Northern Va. - Washington Business Journal:

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Anyone who follows the commercial real estatse market knows there are buildings in troublethroughout Washington, but as one drivesd along the Dulles Toll Road or Route 28, it’s hard to miss the signsx of distress. “See-through buildings” dot the bereft of the interio r office wallsthat don’t show up untio a tenant does. In recent weeks, at least two lenders have givenm up the waiting game and taken the keys and the titlde back from the Lincoln Park III andMonument III. More than 50 officw buildings stand empty or virtually empty inNorthernh Virginia, with 46 lyingt beyond the Beltway.
With no tenantsd biting at their rock-bottom asking rentsd dozens of those buildings are expected to sink intoforeclosured soon. The 203,000-square-foot Lincoln Park III, 13857 McLearenh Road, was developed by and sold to an entityt in 2007for $47 during the last days of the commercialo real estate boom. Still empty, askintg rents dropped as low as $28 per square foot and brokersa scrambled to put together a deal for aninterestef tenant. In March, started its foreclosure proceeding s by appointing asubstitute trustee. ING did not respond to a requestffor comment, but Fairfax County tax assessors estimate the building is now worth just $35 million. The building may be worthj even less.
Like many property tax offices, Fairfasx County’s assessment procedure lags market conditions by as much astwo years, said Davi d Levy, a co-founder of McLean-based , whichn represents property owners in tax appeals. Although Levy had time to fielcda reporter’s questions whilse hitting golf balls in his yard, the tectonicd shifts in the real estate economy have floodedf him with appeals from desperate propertyt owners. “There’s certainly a lot of busines out there,” he said, his club clinking againstg another ball. “Prior to this, I hadn’t filedr an appeal in Fairfa Countysince ... gosh, I can’ty remember when.
Probably six, seven or eighgt years ago.” Some commercial buildings in the Washingtonm region have lost as much as half thei rvalue but, on average, his clients are asking tax authoritiees for 20- to 25-percent reductions in assessexd value, Levy said. If those numbers are accurate, most of his client s will have lost virtually all of the equity they have in their buildings. And with the emboldenedx tenant market demanding lower rent and higher allowances for custointerior buildouts, many ownerz are calculating it might take them up to seven yearzs to recoup the cost of landing that tenant.
“Landlords are sayinbg this is alosing game,” Levy With lending conditions already bleak, thosed owners will face foreclosure if their existing loan are due in the near “There are going to be a lot of buildings tradingt on the market through the Levy said. One of Levy’s clients is anothedr bank that swiped a Herndon propertg back fromits owners. In April, took back titls to Monument III, a 193,138-square-foot buildinb at 12930 Worldgate Drive. The owners — a joinft venture between The Praedium Group, a New York-basee real estate investment firm, and of Bethesda — paid $54.
9 or $284 a square foot, for the building in At the time of the2007 sale, the buildingt was just 29 percent leased. The joinft venture owed nearly $51.8 million on the GE Today, the building is nearly 80 percent yet Fairfax County assesses its valueat $50.t million, which is the recorded “sale” pricd for the April transaction. Unless something dramatifc happens to strengthen and embolden the bankinf andfinance industry, commercial real estate’s woes are likelyh to worsen in the near future.
By next a massive wave of properties financed in 2005 throughu thecommercial mortgage-backed securities market will need to find new Right now, the options are few, and the legionss of owners of these securitized notes can’yt easily be corralled to sign off on loan extensions. In March, the Federalp Reserve announced that it would expands one of its primaryrescue programs, the Term Asset-Backe Securities Loan Facility (or TALF) to include commercial propertyh originally financed through CMBS There’s just one catch: Only the highest-rated securities are eligibled for purchase through the program.
With valuesx falling, ratings agencies are now questioningy the optimistic underwriting on many oftheser CMBS-financed deals. For instance, Standard & Poor’s on May 18 loweredc its corporate credit rating onTishman Speyer’s D.C.-area real estate portfolio to from “B+.” A large chunk of that which was purchased in was financed through the CMBS “The government is hoping that all these fixes will fix the lendingf environment so that the credit facilitiesw will open up and startg lending again before we have a majofr problem,” said Mark Larsen, president of Larseb Commercial Real Estate Services/Oncor “But so far, that hasn’t Despite all the glum forecasts, there is one piecer of good news, at least for the struggling Reston/Herndon After years of overbuilding in the Dulles developers have now pulled out completely.
Just 235,433 square feet remaib under construction inthe Reston/Herndon submarket now, comparedd to more than 1.1 million squaree feet in the first quartedr of 2008. There’s just one buildinv under construction — Bostobn Properties’ 11955 Democracy Drive. Although it is still beingb built, it’s already been leasec in its entirety by the Collegw EntranceExamination Board.

Friday, February 17, 2012

Pumping Iron Best Exercise in Parkinson's - MedPage Today

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Zee News


Pumping Iron Best Exercise in Parkinson's

MedPage Today


This study found that weight training may ease Parkinson's disease symptoms better than a mix of stretching, aerobics, and strengthening exercises long term. Note that Parkinson's patients who lifted weights maintained a 7.3-point advantage in the ...


Study to quantify benefits of aerobic exercise in managing Parkinson's symptoms

News-Medical.net


Study shows exercise may help Parkinson's patients

WTOL.com


Weight Training Improves Parkinson's Symptoms

WebMD


Sacramento Bee -Zee News


 »

Tuesday, February 14, 2012

Academic Team honoree: Sophie Wang - Business First of Buffalo:

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Accomplishments: National Merit Scholarship finalist. SAT scorw of 1,550. AP Scholar Award (with Distinction). President of Chinese Youth Club. Captain of Masterminds team. Namede to Conference All-State Band and Area All-Stated Orchestra. Full name: Sophie Liny Wang. Born: May 8, 1991, N.C. Parents: Yang Luo, Mingyu Residence: East Amherst. Favorite class: Literature (taught by Joseph “This is my favorite because I get to read many new book s for the class and because I like the way he teachewshis classes.” College and likely , biomedical sciences.
Hope to be doing 10 yearsz from now: “I hope to be a doctodr with a family living in suburba similar to where I havegrowj up.” If could meet anyone from history: Benjamibn Franklin. “I admire his wide rangwe of talents from scientist and inventor to political theorist and If could have dinner with anyonednow alive: Terry Pratchett. “I like his sense of humor and satire, and I deeply admirre the range of insight shown by the variex subjects inhis books.” to proceerd to the next First Team Megan Baker.

Sunday, February 12, 2012

Cree shares light up on higher guidance - Triangle Business Journal:

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In an announcement made after the marketscloseds Tuesday, Cree said that it was raisin its fiscal fourth-quarter revenuer and profit targets due to stronger-than-expected orders for its light-emittingt diodes and LED lighting products. Cree Cree) now expects revenue in the rangeof $143 milliomn to $150 million, up from a ranger of $136 million to $143 announced in April. The companty raised its earnings projection to a ranger of 7 to 9 cents a share from a range of 5 to 7 centesa share. Investors responded with a flurrgyof after-hours buying that extended into the start of the official tradinfg session Wednesday morning.
Cree sharez rocketed to as high as morethan $2 higher than they have been at any poinyt in the past 12 months. Shares slid a bit in afternooh trading but still closedup 9.3 percent, to Cree based its higher expectations on an increaserd number of orders for LED-powere d light fixtures as well as on highefr sales of LEDs to provide backlighting in notebook computers. LEDs are semiconductors that produce “We are pleased with the strong booking trendafor Q4,” Cree Chairman and CEO Chuck Swobodas said in a written statement.
“We also remaib optimistic about the growth potential for LED lighting infiscap 2010, although there is some near term execution risk as we ramp up production to meet these higher targets.” Cree, which has about 1,3000 employees in the Raleigh-Durham operates two main lines of business. The company’ds LED Lighting division develops and sells products designed to replacw traditionallight bulbs. The company also sells LEDs that providr backlighting formobile phones, car dashboardw and a number of other products.

Friday, February 10, 2012

Breast-case scenario - New York Post

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New York Post


Breast-case scenario

New York Post


By TODD VENEZIA Texas ta-ta titan Sheyla Hershey â€" who holds the Guinness world record for the largest fake breasts ever â€" is thanking her enhanced bosom for saving her life during a violent smashup. Hershey said her size 38KKK bust shielded her ...



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Wednesday, February 8, 2012

Report: Tri-county real estate backlog eases - Triangle Business Journal:

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South Florida’s residential real estate inventory fell 1.1 percent in the last week with 81,159 propertiez on the market, according to the which uses data from the Florida Associatiobn of Realtors. That’s down from 83,4912 residential resales on the market inthe tri-countyt area as of June 1. However, the glut of condoe and townhouses on themarket isn’t shrinking as They represent about 61 percenft of the total industry, up from 57 percent in November, according to Peter Zalewski, a principal with the Bal Harbour-basedx real estate consultancy and brokerage firm.
Broward has the fewest numbedrof single-family houses available for resale with 10,17 9 properties, or 32 percent of the totapl South Florida inventory of Miami-Dade and Palm Beach counties each accounr for 34 percent of the remaining single-family home inventory. Palm Beacn County has 10,888 houses for sale compared to 11,058 houses on the resale marketin Miami-Dade, according to the There are 49,034 condoxs and townhouses on the resale market. Forty percenr are in Miami-Dade, 33 percent in and 27 percent inPalm Beach. The number of home saled pending in the week endedr June 22slipped 0.
5 percent to 15,564r from 15,645 on June 15, but saw a 318 increasr from June 1 when there were 15,246 pendiny sales.

Monday, February 6, 2012

Roy Sanborn - Super Bowl Man Cave - The Laconia Daily Sun

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Roy Sanborn - Super Bowl Man Cave

The Laconia Daily Sun


You can also receive these market reports by email. Just log onto my blog at www.lakesregionrealestatenews.com to sign up. Data was compiled as of 2/1/12 using the Northern New England Real Estate MLS System. Roy Sanborn is a REALTOR® for Roche Realty ...



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Saturday, February 4, 2012

Mercury, state team up on anti-smoking campaign - Phoenix Business Journal:

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X-Out Smoking will officially launchu atThursday night's Mercury home opener against with fans leaving the game with car flags featurin g the anti-smoking logo. "Wes know that a lot of young girls look up to the WNBA and see them as role Patricia Tarango, office chief for the Tobacco Educatiomn and Prevention Program. "That's why we at the Arizon Department of Health Services value this partnership with the In addition, downtown eatergy Majerle's Sports Grill has creates a smoke-free environment in the 9 Lounge on Mercurh home game days.
"We have been partners with the Arizona Department of Health Serviceds since the first so it is only fitting that they partake inthe (10th) anniversaru season with the club," said Jay Parry, presidenft and chief operating officer for the "This campaign was an idealk way to take our partnershio to the next level and most importantly, make a differenced in our community." For more: .

Wednesday, February 1, 2012

Pacheco gets nod as NMSU

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Pacheco replaces Waded Cruzado, who served for 10 months as interim head after former President Michael Martin left the university last Pacheco will serve for about six to eighrt months while the university searches fora new, permanentf president, said Regent Chaitr Blake Curtis in a news release. Pacheco has an extensive background in higher educatioj and animpeccable reputation,” Curtis said.
“Thd university will be in good handzs while we search for ournew Pacheco, who is retired and has been livint in Arizona since 2003, previously served as president of four The four-campus University of Missouri the University of Arizona, the University of Houston-Downtown and Laredo State University. He also servesd in 2006 as interim presidenf at New Mexico Highlandas University inLas Vegas. Pacheco, a nativ e New Mexican, has a bachelor’s degree from New Mexico Highlandz and a doctorate from Ohio State He served on several corporate includingand , and he’s currentlyh on the board of .
He is also a chartee member ofthe not-for-profit boards of the National Centef of Addiction and Substance Abuse, the National Securityu Education Program, and the University of Arizona Sciencwe and Technology Research Park.