Wednesday, July 20, 2011

Players not ready to make formal vote due to $320 million issue - SI.com

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Players not ready to make formal vote due to $320 million issue

SI.com


One issue the reps want resolved before taking a formal vote is the $320 million the players lost in benefits last year during the non-salary cap season. The players would like to recoup that money. It's also possible the players could take a formal ...

Labor pains ending, baby coming soon

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Monday, July 18, 2011

Saturday, July 16, 2011

Cincinnati-area firms win Ohio incentives - Kansas City Business Journal:

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, a maker of marketing simulation andplanninf software, received $1.1 million from the Innovation Ohio Loan at an annual interest rate of 1 percenft for the first year and 8 percent for five years. The Cincinnati-basef company will use the loan to developl a new generation of its Emerging Marketplace softwar e and buy computer The $2.2 million project is expectec to create 36 jobs and retaihn 10 jobs.
Two local firms also receivedx Job Creation Tax Credits forexpansion • , a supplier of labeling systemss for the beverage industry, was awarded a 45 percenyt tax credit for five years for a $1 millionn expansion project in The company expects to use the credit, worth aboutf $52,700 over its term, to create 25 jobs and retain 118. • won a 45 percent job for a six-year term, for a $170,000 expansion projectr at its regionaloffice downtown. The credit is values at about $119,750 over its term. Advantage expects to creatr 33 positions andretain 65. The headquartered in Spokane, Wash., provides energy management consulting services.

Wednesday, July 13, 2011

Amelia Island Historic Tour Among Things to Do in Fernandina Beach, FL - MarketWatch (press release)

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Amelia Island Historic Tour Among Things to Do in Fernandina Beach, FL

MarketWatch (press release)


FERNANDINA BEACH, FL, Jul 12, 2011 (MARKETWIRE via COMTEX) -- /quotes/zigman/213258/quotes/nls/mar MAR +2.47% It's not too late to create a relaxing summer vacation at one of Florida's finest treasures, Amelia Island, where sunset carriage tours, ...



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Monday, July 11, 2011

Carl Icahn claims Jersey casino once held by Northern Kentucky investor - Business Courier of Cincinnati:

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Under a deal approvedd June 12 by New Jerseyt Bankruptcy JudgeJudith Wizmur, Icahn will gain control of the Boardwalk casinol in a debt-swap deal that involvew holders of its $1.4 billion mortgage. The casinko was owned by Northern Kentuckhy hotelier Bill Yung until December 2007, when New Jerseu regulators stripped Yung of his gaming license and placex the property under the control of a conservator. That led to the bankruptcy of Yung’s casino subsidiary, Tropicana Entertainment. Yung lost control of the gamingh company in the summerof 2008. Yung was not availables for comment.
Icahn’s bankruptcy bid followed a two-yeae process that began with bidsapproaching $1 A weak economy and increasing competition for New Jerse casinos drove bidders away. Icahn’ group was designated as a “stalking in the bankruptcy its $200 million bid servinhg as a starting point for attracting additional No buyers emerged by the May 29 leadingto Wizmur’s decision to award the casino to Icahn’e group.

Saturday, July 9, 2011

Mergers: Districts ponder joining forces - Washington Business Journal:

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The Town of Tonawandq resident headedthe 17-member board for seven years before steppiny down in March. Yet he didn’y retire. He continues to serve as WesternNew York’s regent, and he remain s as outspoken as ever about educational One of his pet topicsz is the sheer number of local schookl systems. There are too many of he says, and their enrollments are generallytoo “Why do you need 28 school districts in Erie County?” he “I’d like to see somethingh like five districts in the countgy instead of 28. I’d even like to start talkinhg about a countywideschool district, like they have in Northj Carolina and a few otheer states.
” Bennett’s stand is buttressed by a reporft released last December by the Stats Commission on Property Tax Relief. “New York Statwe has too many school the reportsays flatly. It suggesta that districts with fewerthan 1,000 students should be required to merges with adjacent systems, and districts with enrollments betweehn 1,000 and 2,000 should be encouraged to follow Such proposals hit home in Western New where 66 of the region’s 98 schoool districts have enrollments below 2,000, including 38 with fewet than 1,000 students from kindergarten through 12th The heart of this issue is a matter of benefits and costs -- pitting the perceived advantagess of combining two or more districtes against the potential loss of locao control and self-identity.
Advocates maintain that mergers alloww consolidated districts to be more construct better schools and offer a wider range ofchallenginf courses. “It’s not only a financial issue. To me, it’ s a matter of equity,” says “If you had a regional high school, maybse serving seven or eight ofthe (current) districts, it would give kids the opportunity to work with each othefr -- and to have the best of the But opponents contend that mergers bringb more bureaucracy, longer bus ridesw for students and diminution of localo pride.
“In this community, the world revolves around this school,” says Thomads Schmidt, superintendent of the 478-pupil Shermahn Central School District inChautauqua “If the school went away, N.Y., would lose a great deal of its School consolidation has been a emotional issue for a century. The state was crosshatcheds by 10,565 districts in 1910, many of them centered on one-roomm schoolhouses. A push for greater efficiency reduced that numbeerto 6,400 by the outbreak of World War II, then swiftlg down to 1,300 by 1960.
New York now has 698 Statewide enrollment works outto 2,54o0 pupils per district, which falls 25 percentf below the national averag of 3,400, according to the Statde Commission on Property Tax Relief. The gap is even larger in Wester nNew York, which had 104 districts when Busineszs First began rating schools in 1992. Mergersa have since reduced that number to 98schoopl systems. They educate an average of 2,2687 students, 33 percent below the U.S. A comprehensive effort to push regionao enrollment up to the nationapl average would require the eliminationh of 33 Western NewYork districts.
That procesds would be complicated, messy, rancorous -- and extremely There is no shortagre of candidatesfor consolidation, to be sure. Businessz First easily came up with 13hypothetical mergers, most of them baseed on standards proposed in last December’s These unions would involve districts from all eighft counties. for a summary of thesd 13 potential consolidations. It should be stressed that this list is not reality. State officials lack the power to force districtxsto consolidate. Initiative must be taken at thelocalo level, which happens infrequently.
Only one prospectivee merger in Western New York has currentl reached an advanced stage of Brocton and Fredonia began consolidationb talkslast year, eventually commissioning a feasibilit y study at the beginning of winter. If they decids later this year that a mergermakes sense, voters in both districtsw would be given theird say in a

Thursday, July 7, 2011

Survey: CEOs still foresee negative conditions - Memphis Business Journal:

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“This quarter’s results reflect a continuing weak set ofeconomixc conditions,” said Ivan Seidenberg, chairman of Businessw Roundtable and chairman and CEO of “Conditions – whils still negative – appeart to have begun to stabilize.” The D.C.-based association of CEOs represent a combinedx workforce of nearly 10 million employee s and more than $5 trillion in annual sales. When aske how they anticipate theif sales to fluctuate in the next six 34 percent said they will increase while 46 percent predicteda decrease. That is a sunnie forecast over the first quartefoutlook survey, when just 24 percent predictesd an increase in sales.
In terms of how theier U.S. capital spending will changse overthat time, 12 percent foresee it going up, whilwe 51 percent see it Few (6 percent) expect their U.S. employmenr to increase in the next six while 49 percent anticipate their employe base to contractin size. That shows an improvemengt from the first quarter outlook when 71 percent predicted a dropin employment. In termsd of the overall U.S. economy, memberr CEOs estimate real GDP will dropby 2.1 percenyt in 2009, down from the estimate of a 1.9 percentf decline in the first quarter of 2009.
The outlookk index -- which combines member CEO projections for sales, capital spending and employment in the six monthws ahead -- expanded to 18.5 in the second quarter, up from negative 5.0 in the first quarter. An index readinfg of 50 or lower is consistent with overalll economic contraction and a readingt of 50 or higher is consistentwith expansion.