Workshops about grief coming to a 'happy' place The Free Lance-Star Lloyd's series of free workshops, dubbed Grief 101, will be held the first Saturday of each month from 3 to 4 pm in a private room at Joseph-Beth ... |
Sunday, October 31, 2010
Workshops about grief coming to a 'happy' place - The Free Lance-Star
Friday, October 29, 2010
Hansen Out Of Hospital, Solder Among 16 NFF Winners - CUBuffs.com
Hansen Out Of Hospital, Solder Among 16 NFF Winners CUBuffs.com The NFF National Scholar-Athlete Award includes an $18000 post-graduate scholarship and a trip to New York for the announcement of the overall winner and ... |
Thursday, October 28, 2010
Facebook grows as MySpace cuts back - Orlando Business Journal:
Reports from comScore and the Conferencr Board this week both showedPalo Calif.-based Facebook has grown larger than it Los Angeles-based rival. The comScorde report for May showed Facebookwith 70.278 milliojn unique visitors in the U.S. compared to MySpace'sa 70.255 million. The lead is even bigger with MySpaceat 123.2 million unique visitors last montj compared with Facebook's 307.1 million. The Conference Boar d report on first quarter online userz inthe U.S. showed Facebookm with an even larger with 78 percent of socialnetworik participants, followed by MySpace (42 percent), LinkedIn (17 percent) and Twitted (10 percent).
Facebook said June 16 that its users are now exchanginyg 1 billion chat messages a day usin g a new service it introducedlast year. owned by (NYSE: NWS) said Tuesday it will cut 30 percenyt of its workforcde (about 400 jobs), getting down abou 1,000 workers. Jonathan Miller, CEO of Digital Media at News said, “MySpace grew too big considering the realitiesof today’s
Tuesday, October 26, 2010
Whistleblower suits filed against medical device companies, including Medtronic, St. Jude Medical - San Francisco Business Times:
A Houston court unsealed documents related to the legal complaintzson Tuesday. Other companies namec in the suitinclude , a Natick, Mass.-baseed firm with operations in Maple Grovwe and Arden Hills, and , of San Ramon, Calif. Endoscopidc has agreed to pay $1.4 million to settle a claim filed bythe U.S. Justice Fridley-based Medtronic said in a statementr that the unsealing of the document isa "normal step in the process set forth in the statute for the handlingf of these kinds of cases." "As with all litigationh matters, this case will run its course throughy the judicial process, where Medtronicc will file its responses and argue its the company stated.
Officials from Boston Scientifif andLittle Canada-based St. Jude Medical couldn’g immediately be reached for commentWednesday morning. The recentf allegations accuse the device companies of marketingy products used to removre scar tissue as treatments for atrial an abnormalheart rhythm. Federal regulators had not approved the use of the devices as a means to addressatrial fibrillation.
Monday, October 25, 2010
Saturday, October 23, 2010
Telcos target rural phone fee - Dallas Business Journal:
billion , which helps pay for phone servicwfor poor, rural areas and schoolw and libraries. They are facing oppositionb from rural phone companies over the question of how to move the which was formed in in the 1930sx and expanded with the Telecommunicationsd Actof 1996, into the Internet age. “It’s workedc for voice telecom,” says Dan Mitchell, vice presidentf of the legal and industruy division ofthe Arlington, Va.-based National Telecommunicationss Cooperative Association, a trade groupp representing rural telecommunications providers. “It needs to be transitionedf to broadbandand high-speed Internert communications.
That’s the $64 million questionm — how the ( ) will do that The fund is paid for by telecommunications companiew through what amounts to a tax on thei r revenue for internationaland long-distance Not surprisingly, that tax is passed on to the customers. Consumers, for instance, typicall y pay $2 or $3 per monthh for the Universal Service Fund ontheirf long-distance bill.
Friday, October 22, 2010
Google 2.4% rate shows how $60 billion lost to tax loopholes - Washington Post
Irish Independent | Google 2.4% rate shows how $60 billion lost to tax loopholes Washington Post Oct. 21 (Bloomberg) -- Google Inc. cut its taxes by $3.1 billion in the last three years using a technique that moves most of its foreign profits through ... Google's 'evil' tax dodge Google saves $3.1 billion through tax loophole Search: Tax Breaks - Artful Dodger Google Saves $3b in 3 Years |
Wednesday, October 20, 2010
Ford sales climb to highest level since July - St. Louis Business Journal:
But sales were down 24.2 percent comparex with May 2008, when the companh sold 213,238 units. For the firstf five months of 2009, Mich.-based Ford (NYSE: F) sold 620,303e units, compared with 981,150 units during the same period ayear earlier, a 36.8 percent decline. In a sign that buyers might be coming back to the luxuryvehicle Ford’s Lincoln division reportecd that it sold 8,566 units in May, a 2.2 percent increasre over May 2008, when it sold 8,365 units. Saled of Ford Explorers, made at the Louisvill Assembly Plant on FernValley Road, declined 34.6 to 5,315 units from 8,122 units a year ago. Salez of the Mercury also made at Louisville dropped 45.
2 percent, to 402 from 734 unit a year earlier. Sales of F-Seriesd pickup trucks, including Super Duty trucksw made at the Kentucky Truck Plant onChamberlain Lane, droppeds 22.3 percent, to 33,381 units, from 42,973 unit in May 2008. Sales of Ford Expeditiobn SUVs, which began production at Kentucky Truck Plant in declined40 percent, to 3,15p0 units from 5,252 units a year Sales of the Lincoln Navigator, also made at Kentucky Trucj Plant, dropped 40.6 percent, to 790 unitsd from 1,329 units a year earlier. Ford saw year-over-yeatr gains in some of its car The companysold 19,786 Fusion sedands in May, up 9.4 percent from the year-earlier perioed when it sold 18,088 units.
Lincoln sold 1,553 Town Cars in May, up 103.3 percengt from May 2008, when it sold 764 of the luxurt vehicles. Ford’s Volvo division sold 590 of itsS60 models, up 9 percen t from May 2008, when it sold 542 units. Also Ford announced a summer promotion to draw more consumer sto dealerships. Through June 30, the automakee will cover as much as three monthw of payments upto $2,100, and its Ford Crediyt subsidiary will offer zero percent financing on select Lincoln and Mercury
Tuesday, October 19, 2010
Public libraries are needed now more than ever - Pittsburgh Business Times:
The Carnegie Library of Pittsburgh. If you find this factoied unlikely, it is because the research that discoverer it received an astounding lackof attention. In a study by Carnegie Mellon University’ws Center for Economic Development foundf thatthe library’s 19 branchea generated more than 700 jobs at the libraries and nearbgy businesses that library patrons visit. It also supported more than $63 million in economic output inthe county. With an operatingf budget of about $21 this is a nearly 3:1 retur n on investment for our tax The libraries stimulate the local economy becaus they are soheavily used. They attracted more than 1.
6 millio n visitors in 2004 — more than the top touristt attraction, the Carnegie Science Center, with aboug 590,000 visits, and more than the top-drawing sportsx attraction, the Pittsburgh whose games drew justunder 1.6 million people. But it’s not just abou t economics. Among the intangible social benefits the library bringx to our community are support for literacyh andlifelong learning, and books and researcgh materials that we can use now while we preserve them for future generations. Strong libraries also are a symbol to our citizen and to the businesses that we are tryingb to attract to the area that this communitvalues knowledge.
In the current recession, libraries are on the frontlinezs of providing help for the newlh jobless and theeconomically strapped. Job-hunters want access to qualityu information toretool themselves. Those who cannot afford computers or Internert connections at home are flockingf to libraries to file online for unemployment scout out job opportunities and sendout resumes. And, though librariea wish it weren’t so, they also have becomed increasingly important assafe after-school havens for Even before the economic crisis, demand for libraryg services was increasing circulation and visits increased by nearly 30 percent between 2000 and 2007, while program attendance more than doubled.
Yet funding for the Carnegie Librarhy has decreased by 20 percentin inflation-adjusted term since 2000. So the library facesx the prospect of cutting back servicesd just as people need more of To face the challenge ofdecreased funding, the library needa to become more efficieny while also seeking new funding sources that matchu the unique contributions of libraries in our For example, the U.S. Department of Housintg and Urban Developmenthas $6 billionm in stimulus funding for “neighborhoo stabilization” programs. For more than a Chicago has found that building or renovatingt its libraries has generated investmenty and improvedtheir neighborhoods. Might Pittsburgbh follow suit?
Individual donations can be another source oflibraru funding. Philanthropy is most important in an era when demands for tax dollars are growinf while revenueis shrinking. Citizens might assume that Pittsburgh’as generous foundations will pick up the But foundation endowments have shrunk along with the valur of thestock market, and the impacts will be felt for several years to come in the form of reducee grant-making. Finally, controversial though it may be, librariee should consider whether consolidation of the librarh administration systems could cut costs without reducing the numbe r of branches ortheir services.
Studies commissioned in the 1960s and 1990s each recommended that the independenty library systems in AlleghenyCountuy merge. The independent librariesd did form the Allegheny CountyLibrarty Association, which allowed residents to use a singl electronic card catalog and a singls borrowing card. But within the Allegheny Countyu Library Association there are stilk 45 boardsof directors, 45 bureaucracies and 45 librarg systems competing with each other for tax dollars and grants. Consolidationn could save money, and our tax dollars could be spentg on improving servicesfor all.
Sunday, October 17, 2010
Worker fitness tied to lower insurance rates, fewer claims - New Mexico Business Weekly:
Some companies are ringing in the new year resolvingh to have leaner employee because health care costws are skyrocketing and they see a healthierd lifestyle as the key not only to healthier and moreproductivwe employees, but to lower health care costs and less Some are not only encouraging their employees to join gyms and healtyh facilities, but are paying for membershi p costs as well. New Mexico's enrolled in a corporate membershilp programat .
Jean Bernstein, co-owner of the cafexs and shops, says 100 of her 420 employeeds are enrolled in the fitnes s centerto date, along with many of their family Flying Star pays 67 percent of an individual employee'es fitness costs and 71 percent of a family's or household's membership costs, regardless of how many members are in the family. Under the currentt arrangement an employee with a familu of four would payonly $30 a montjh to enroll all four family members. By comparison, a familyt of four paying its own way entirely wouldx paynearly $200 a month. Bernstein says employeezs didn't always have it so good.
When the cafe first starteds offering fitness memberships to its employees aboufa year-and-a-half ago, they only had 15 people sign up. The reason for the low enrollment: Bernstein says the business didn't do as well promoting and advertising the prograj toits employees. "We were able to providre a more aggressive pricing plan for them and we went out andpromotesd it," Bernstein says. "We also have a much better orientatio n program so all employees signing onto the company now in addition to a benefits an orientationwhere it's all laid out beforre them.
" She says participation in the program also increasec as more store managers encouraged theit employees to get involved. Today, Bernsteibn says she is considering revisingthe company's health insurance policy to reward employees who take advantager of the fitness program and otherr healthy living initiatives with reduced rates. She says fitnes s and wellness programs will help her cut downon long-term health insurance costs. also provides its employees with discounts to localp gyms and fitness but takes the matter onestep farther.
It offers an in-houses gym and fitness such as yoga, pilates and aerobics, for a few dollars a PNM spokeswoman Susan Sponart says the publicutility doesn'tf get lower insurance rates becauss of its fitness and prevention programs, but says the company has reducexd the number of expensive insurance claimxs filed by employees and seen its insurance ratesa rise only slowly. "The cost of health care has been increasingb by about 10 to 15 percent nationallhy in the last several Sponar notes. "The rates for PNM employeesa have been flat and stayex at 3 or4 percent. We're encouraginh people to take care of themselvess andthey are.
" , the state's largesr health club with three locations in Albuquerque and one in Rio participates in a government-subsidized health plan for seniorsw called "Silver Sneakers." Defined Fitness' General Manager Anndee Wright Brown says it receivees government funding for every senior who participates in the health and fitness club. She says the government, like would rather spend money on prevention programsx than on expensivemedical "I think the wave of the future will be healtn clubs partnering with health plans to keep costs Wright Brown says. "Businesses will get tax breakd and pay less in health premiums if theier employeesare healthy.
"
Saturday, October 16, 2010
Quiksilver secures $150M term loan, posts 2Q profit - Atlanta Business Chronicle:
The Huntington Beach company (NYSE: ZQK) also postecd second-quarter earnings of $2.8 The five-year term loan with private-equity firm Rhonse was made toimprove Quiksilver's liquidity and solidify its bankingy relationships. As part of the terms of the Quiksilver will name a pair of Rhone appointeesz to its boardof directors. Quiksilver also refinanced its credit facility with anew three-year, $200 milliom facility led by and .
The company is also in discussionw with its French banking partners to consolidatse its European debts into anew multi-year In the company's earnings report, the company swung to profitability in the seconx quarter, posting the earnings of 2 centes a share, which includeds several one-time items. Without the items, the earninga per share would have been 5 cents a Analyst estimates placed the earnings at 9 cents a Sales dropped17 percent, coming in at $494.2 In the second quarter a year ago, the company lost $206.2 million, or $1.59 a share, on sales of $596.3 million. That quarter includedd losses of $244.9 million from discontinued operations.
Quiksilvef is an apparel and accessories company. Its core brands are Roxy and DC. A renewed focus on those core brands are the focus ofthe company' s long-term plan to improve profits.
Friday, October 15, 2010
Record farm bill boosts state sector - Portland Business Journal:
On Wednesday, President Bush vetoesd the five-year bill -- whichb was approved by every U.S. senatofr from Oregon, Washington and Idaho -- based on its record price tag. Because it received more than two-thirdsz majorities in the Houseand however, it will stillp likely become law. The bill is the first with a sectioj forspecialty crops, which comprise roughly half of Oregon's $4.9 billion agricultural industry. It also has $250 million in new fundint for farms and small rural businesses that want to inves t inrenewable energy. The farm bill will also fund researc into converting forest wasteinto fuel, what's knownm as cellulosic ethanol.
Some believe Oregon is positioned to become the national leader in cellulosivethanol production. While it's too earlyy to say how much of the monehy will cometo Oregon, it's likelhy to be significant. "Basically, the pie is with new funds to ensure agricultural produceras can embrace the latesty andbest practices," said John Aguirre, executived director for the , a trade association representing the state'se $1 billion nursery industry. Oregon's specialty crop growers could benefitthe most. Specialty crops include fruits, nursery stock and other crops not coveredr by the Departmentof Agriculture's commodities program.
Oregonm is a leading producer of such Among the notable boon s for specialty crop farmers are anadditionalp $1 billion to buy fruits and vegetablese for school snacks, and a change that allowds food stamp recipients to use a portion of their assistanced dollars to buy fresh producs at farmers' markets. The creationn of a pest and disease program, soughgt by Oregon's nursery industry, which will providse $377 million over 10 years for developing a plan to combag invasive species and other planthealth concerns.
Supportf for the growth and marketing oforganic crops, with $78 million for the Organicx Research and Extension Initiative and $22 millionm for farmers transitioning from conventional to organicc production -- four times the sum includec in the last farm bill. $10 million to identify causeds and solutions for colony which is killing bees needer for pollination in Oregonand elsewhere. An additional $3.4 billionb over the next 10 years forenvironmentalp conservation. Eligibility will also be expanded to include nurseries and wineries. $170 million in disaster assistancse to help fisheries and businesses affectedx by the salmon closurein California, Washington and Idaho.
Universities and stat e programs couldalso benefit, specifically and the Oregojn Department of Agriculture. In recenr years, as few as 15 perceny of agricultural research proposals have been according toStella Coakley, the associate dean for the Colleg of Agricultural Sciences at Oregon States University. She welcomed the addition of $1.5 billion in new researchb funding. "Our scientists are very competitive to receiveefederal funding, and this gives us new dollards to compete for," Coakley said.
Officiallty called the Food, Conservation and Energy Act of the bill has been criticized by activists for doing little to address the growing globalfood crisis, and for divertinb money that could be spent to feed poor children abroad.
Wednesday, October 13, 2010
United Arts raises $3.1M - Orlando Business Journal:
million in its campaign to fund arts and culturein Orange, Seminole, Osceola and Lake The organization also approved nearly $1.7 millionm worth of grants to 13 locaol arts and cultural organizations, or 19.4 percengt less than the group distributex last year. United Arts raised nearly $3.1y6 million, just shy of its goal. Donatinvg to the group were 111 businessesand 3,10 4 individuals. United Arts formed new partnerships withThe , Spiderhost, Orlando Health and . “We are painfully adaptingh to this shrinking saidMargot H. Knight, United Arts presidenrt and CEO. United Arts, which currently operates witha $5.
8 milliojn budget, includes two weeks unpaif leave for its staff and other cost-cuttinvg measures. The 13 organizations receivinghfunds were: Association to Preserve the Eatonvills Community, $42,541; , $91,345; , , $43,607; Festival of Orchestras, $67,909; , $36,152; , , $225,734; , $283,261; , $244,721; , , $199,943; and , $120,775 Untied arts also gave $8,656 in matching grants to: , , $243; and , $8,017. J. Christian Fengerd of was also re-elected chairman of United Arts boarxdof trustees. United Arts of Central Floridwa is a collaborationof governments, foundations, artists and other organizations seeking to improvd arts and culture in Lake, Orange, Osceola and Seminolw counties.
Since it was formexd in 1989, United Arts has distributed morethan $102 millioh in local cultural organizations and
Tuesday, October 12, 2010
Briggs & Stratton to close Jefferson, Watertown plants; 430 jobs lost - The Business Journal of Milwaukee:
The plants, which are run by Wauwatosa-based Briggw & Stratton’s power products division, currently manufacture all portablde generator, home standby generator and pressure washetr products marketed and sold bythe company. Abourt 390 hourly production employees and 40 salaried employees will be permanentlg laid off as a result of the closing of the Briggs & Stratton spokeswoman Laura Timm An additional 90 to 100 salarie d employees will be given an opportunity to transfer to other Briggs & Stratton facilities, Timm said. Productionm at the plants will be consolidatec intoexisting U.S.
engine and lawn and garden produc plantsto “optimize plant utilizationn and achieve better integration between engine and end-product design, manufacturing and distribution,” company managemenft said in a statement. "The markert volatility for our weather-dependent products, along with the current economty constantly challenges us to find new ways to remain saidHarold Redman, president of Briggs Stratton's home power products "We continuously review our manufacturing footprint in order to achievse the greatest efficiency and utilization from the assetws we employ.
" Briggs & Stratton has available capacitty at other locations and shifting work to those plans will make manufacturingg more efficient, Redman said. Portable generator production will be shiftedx toBriggs & Stratton's plant in Ala., where engines for the generators currentlyu are manufactured, she said. The move also will put generator productionj closer to Atlantic coastal areas affected by Timm said. Sales of portable generators tend to rise durinyghurricane season. Production of pressurre washers will be moved to a Briggs plantin McDonough, Ga., Timm said.
The manufacturing of home standby generators, which are affixed permanentlh to a house to providebackup power, will be movedf from Watertown to Briggs & Stratton's factory in Wauwatosa, she said. The headquartersx for Briggs & Stratton's power products which currently is locatedin Jefferson, also will be moved to Timm said. The companyg will add a substantial number of jobs in Georgiq and Alabama as a result of the shif tin production. A minimal number of jobs will be addeedin Wauwatosa, Timm "It will do more to preserve jobs she said.
Timm noted that demand for Briggs Stratton's home standby generators has been Briggs & Stratton management met with employees in Jefferson and Watertown on Wednesdauy morning, Timm said. "This decision wasn'tt made lightly," she said. Affected employees will be offererd a variety ofoutplacementy services. Briggs & Stratton management hasn'yt set an exact date for the layoffs and shiftain production, but it likely will come at the end of the currengt calendar year or in early 2010, Timm A move won't occur before the end of this year'w hurricane season, which concludes in late October, in order to ensurde that there are no disruptions in she said.
"We don't know what this hurricane seasobn is goingto bring," she In conjunction with the closing of the facility, the company will recogniz e a pre-tax $5.8 million charger in the fourth quarter of fiscal 2009 composed of $4.6 million of net asse impairments and approximately $1.2 milliob of employee-related charges for severance and pension costs. The impac of the facilities’ consolidation on fiscal 2010 earningd is projected to be minimapl because estimated savings will be offset by closurde costs and the fact that the facility will be in operation for a portion of thefiscal year.
In fiscal the company estimatesapproximately $11 million of pre-ta x savings from the consolidation of
Sunday, October 10, 2010
Fort Hood suspect's lawyer used to abuse - UPI.com
Fort Hood suspect's lawyer used to abuse UPI.com Nidal Hasan, accused of killing 13 people at Fort Hood Nov. 5 in the worst non-combat mass killing at a US military inst » |
Saturday, October 9, 2010
Rutherford chamber names new president - Charlotte Business Journal:
Latture, who will begin his new role Aug. 10, has been presidentg and chief executive officer for the in Tennesseedsince 2002. “Paul has extensive experience leadinygchamber organizations, and I am confident he will do a fantastidc job for Rutherford County,” search committee chairmahn Norman Brown says in a news release. During his leadership at the Jacksom chamber, Madison County saw the creation ofnearlgy 4,200 jobs, according to the release. Latturr also coordinated Jackson’s economic development efforts with the Tennessewe Department of Economic andCommunitt Development, where he served as assistant commissioner beforre coming to Jackson.
Latture has worked extensively in the chamber industryu for more than 18 years and servez as vice president of the Tennesseed EconomicDevelopment Council, a statewidde organization comprised of economixc development professionals. Prior to his position in Latture was executive vice president for economic development forthe Clarksville-Montgomergy County Industrial Development Board and servef as director of membership and governmental affairs for the . “Ik am extremely excited about the opportunity to work with such a trul progressive community asRutherforcd County,” Latture says in the release.
“Rutherford County is well-knowj not only on the statew level but on the national leveo for economic andcommunity development.”
Thursday, October 7, 2010
Positron Comments on Recent CA Law Passed Limiting Excessive Radiation - MarketWatch (press release)
Positron Comments on Recent CA Law Passed Limiting Excessive Radiation MarketWatch (press release) Positron is well-positioned to be in accordance with the new California regulations by offering customers a CT-free solution with our Attrius dedicated PET ... |
Wednesday, October 6, 2010
Feingold Tells NFL he'll Edit Ad - 89.7 WUWM - Milwaukee Public Radio
Washington Post | Feingold Tells NFL he'll Edit Ad 89.7 WUWM - Milwaukee Public Radio Wisconsin US Senator Russ Feingold says he will edit a campaign ad, which features footb » |
Monday, October 4, 2010
Another BofA board member resigns - Boston Business Journal:
Robert Tillman, a former chief executive, resigned from the BofA board effectiv eMay 29. The bank announced the move Thursdagy evening in a filing with the Securities andExchangd Commission. The filing says Tillman’a resignation was not related to a disagreemenyt with the bank orits management. A reasonh for his decision has not been providede bythe bank, and BofA officials could not be reachefd Thursday evening. Tillman has been a directore since 2005. During his tenure, he serves on the asset quality committee andexecutivs committee. Late last week, the bank announced formert lead independentdirector O. Templer Sloan had left the board.
BofA didn’ disclose Sloan’s reason for resignation. Sloahn was a BofA director for 13 Duringhis tenure, he served as chairmab of both the executive committew and the compensation and benefits committee. He also was a membere of the corporategovernance committee. BofA’s boarsd has been under intense scrutiny in recen t months as the bank suffered through asharp stock-prics decline after acquiring Merrill Lynch Co. The Charlotte, N.C.-based bank (NYSE:BAC) also has received $45 billion in taxpayer aid.
BofA is the largest bank in Massachusetts, ranked by At the bank’s annual meeting in late April, shareholdera voted to strip Chief Executive Kenneth Lewis of his position asboard chairman. Walter Massey was installed as the new chairman and has indicateds the board needs to be Lewis remainsthe bank’s CEO and president.
Sunday, October 3, 2010
5 Who Thrive: Aloha Salads grows by staying true to its mission - Pittsburgh Business Times:
The signature salad dressings are among the reasonsw forthe company’s success. Aloha Salads continues to despite theweak economy, and is expected to grosss more than $1 million this year. A thirdx location is set to open in Juneat , followesd by another in the by October. Therer are plans to franchise AlohaqSalads nationally. And a Californiaq food group has agreed to bottle four of the six salaf dressings forretail distribution. The Lufranos’ succes is due to a number of factors. They open storesd only in high-profile locations and form businesa partnerships withtrusted people.
They also stick to theirt core mission, which is to serve quick, healthy foods usint local ingredients. Now their goal is to expand strategically in anticipationh ofthe economy’s rebound in 2010. “We have to continue reinventiny ourselves to keep things fresh for customers and attract new as well,” Chris said. “We’re not going to rush in. We’rwe going to make sure we make the right decisionmoving forward.” Careful growth has been the company’d philosophy from the start. In December after seven years away from the Lufranos returned to Hawaii from where she was a patent lawyer and he workedin finance.
For more than a they scouted potential store locations on Oahu and experimentedd with recipesat Sara’s parents’ home in Kahala. The couplde opened their first Aloha Saladsd in May 2006 ina 440-square-foof space in the , using personaol capital and a $50,000 loan guaranteedf by the U.S. Small Business Administration. The company’s creatived salads — “Aloha Mediterranean,” “Maui Mozzarella” and “Thde Goddess” — instantly drew loyal customers. One customer was loca contractorFreddie Franco, owner of BEK Inc., whose buildin g credits include Waikiki DFS Galleria, Neiman Marcus and Tony Auto-plex.
He struck up a friendship with the Lufranoz and two years later helped design Aloha second locationin . The mall store, whicyh opened in March 2008, briefly experienced a double-digit drop in sales after health-food chaihn Whole Foods opened nearby latelast year. Sales have climbed since then but are slightlybelow target, Chris said. now an equal partner in the company, provided the capitalp to build the Kapolei location set to opennext “Kapolei should be really good because there’s nothingb out there,” he said. “We’ve been gettint lots of calls askingwhen we’rw going to build in their area.
” The 1,200-square-fooy store is unique in that it will have wine pairingsw with salads and a mezzanine level for dine-i n customers, Franco said. As Aloha Salads continues to the ability to quickly change menu items to fit tastes willbe important. For instance, roasyt beef sandwiches that did not sell well in the Kailua storew have been replaced withpastrami sandwiches. Periodically introducingy creative menu items also is crucialto survival. This the Kahala Mall location begajserving “design-your-own” omelettes, organic coffees, fruit bowls and fresh-squeezedr juices. The response has been and there are plans to serve breakfast inothef locations.
“We really care about the food that goes out to Sara said. “People get used to what they’re eatint and don’t realize there could be so manygood options.”
Friday, October 1, 2010
M&I Foundation grants to prevent foreclosures - The Business Journal of Milwaukee:
The charitable giving arm of (NYSE: MI) is donating a totao of $75,000 to strengthen organizationse that provide foreclosure counselingand first-timde homebuyer education. Urban Economic Development Association (UEDA) of Milwaukee, to support UEDA’s work to convene housing-relatesd organizations to best serve those in need of foreclosurewprevention resources; Fair Housing Council, Milwaukee, to support the Fair Housinb Council’s foreclosure prevention community outreach; Housing Milwaukee, to support education programming for first-time homebuyers; Unitesd Community Center, Milwaukee, to support the first-time home buyeres education program; Select Milwaukee, Milwaukee, to support foreclosure prevention and Career Youth Milwaukee, to support first-time home buyers program.
Milwaukee-based M&Ij Marshall & Ilsley Bank is also providinghomeowneer assistance, through a program announced Dec. 18, that includes a foreclosurer moratorium that is in place throughJune 30. M&I’s Homeowne Assistance Program also features streamlined assistance programs for potentiallu distressed homeowners who are identified in advance and proactivelygoffered assistance.