oryzacody.wordpress.com
The report ranked the 100 largest U.S. metro areas basedd on employment, unemployment wages, gross metropolitan product, housingf prices and foreclosure rates in thefirsrt quarter. D.C. ranked No. 13, while San Texas, placed No. 1 and Detroit came in last at No. 100. “Allp metropolitan areas are feeling the effects of this but the distress is notshared equally,” said Alan research director of the metropolitanj policy program at the D.C. institute and co-authoer of the report.
“While some areas of the countryt have experienced only ashallow downturn, and may be emerginy from the recession already, people living in metrpo areas that are now performing weakest economically shoulxd prepare themselves for a long recovery At the first quarter’s end, only 10 of the 100 metro areas were starting to show signs of said the report, and said McAllen, Texase was the only place that saw growth in employment and output. Output increased in just a handful ofmetrlo areas, including D.C.; Seattle; Austin, and Virginia Beach, Va.. The report also pointed out that metrio areas with concentrations of jobs in certain sectoras have resulted in fewer dramaticjob losses.
The Rankings: San Texas Austin, Texas McAllen, Texas Baton La. Tulsa, Okla. Omaha, Neb. El Paso, Texas Wichita, Kan. Washington, D.C. Albuquerque, N.M. Virgini Beach, Va. Harrisburg, Pa. Pittsburgh, Pa. New Conn. Rochester, N.Y.
Sunday, April 29, 2012
Friday, April 27, 2012
Bizarre Amazon Story of the Day: The Financial Crash Shows We Don't Want Cheap ... - Forbes
ykyhola.blogspot.com
Bizarre Amazon Story of the Day: The Financial Crash Shows We Don't Want Cheap ... Forbes I know we shouldn't really rely upon The Guardian for insights into matters economic. It's not a newspaper that really shows any great understanding of the subject. Similarly, we don't usually depend upon novelists for our understanding of economics: ... |
Thursday, April 26, 2012
Two Years of 2B - Dallas Business Travel Guide
hyperwave-exhausted.blogspot.com
But be warned: There are no overarchingt trends here. As is so oftenh the case on the road, these last two yearw have been almosttotally reactive: to insand swings in the price of fuel to the apparentluy endless cycle of boom-and-bust that dominatesa hotel development, and, of to the economic wave that has carrier us from the relatively giddy times of April 2007 to our well…to whatever it is we're living and workingg through. Southwest's Steady Course Even the nation's one financialluy sound U.S. carrier, Southwest Airlines, hasn'y been able to escape the ravages ofthe nation'd economic collapse.
Its traffic is down about in linewith industry-widde trends and it has taken the unprecedented step of trimminfg its overall capacity by 4 percent this And the airline's vaunted fuel-hedgin strategy, which saved the carrier about $3.5 billiojn in the last decade, cost it money in the seconc half of 2008 as oil pricews collapsed. But some things neve change: Southwest is using the downturn to positio n itself as an alternativr tothe nation's mainline carriers. After decadeds of shunning some of thelargest U.S.
it launched flights to Minneapolis last is scheduled to beginits first-ever flights into New York (via LaGuardiaq Airport) in June, and will serve Boston's Logan Airport in the United's Inexorable Decline It's gone from worst to even worsew than that at United Airlines, the most troubled of the nation's so-called "legacy" carriers. Once the nation'sw largest airline, United is hemorrhaging after abungled mega-bankruptcgy and years of management missteps.
About 40 percentg of what flies as United Airlines is subcontracted to regionapl airlines and much of the remaining service isactuallg code-share operations with its international partners in the Star Every one of its union contracts becomes "amendable" next year (airline contracts nevedr technically expire). Compared with the othetr legacy carriers, its cash reserves are small and ther e are few unencumbered assetsto hock. And earlu next year, it will have to discusws cash-draining "holdbacks" with JP Morgan Chase, its credit-card processor.
there's no good news, since its once-profitable service to the Pacifiv Rim is deteriorating rapidly due to plunging yieldw to Asia and fresh competition on itsAustraliq routes. Fate of the Fourtu Class The worldwide collapseof premium-class traffic since last fall has had the expecter effect: Airlines have stepped up their discounting in businesz class and more carriers are adding a fourtuh class, which is rather generically known as "premium The discounting trend is both structurallhy strategic—the airlines now offer a range of discounts from three to 60 days beforee departure—and tantalizingly tactical, with sale faress slashing as much as 75 percent off the pricew of international business class.
As for premium Air France added the new cabim on three premierroutes (from Paris to New York, and Osaka). But the fate of fourtgh class is far from Even as Air Francewas debuting, British Airways' boutique carrier, was renaming its fourth cabin as the "biz The reason? Premium economgy still exists in a computer-coded limbo, whicnh makes selling it via the airline industry'a omnipresent global reservation services difficult. The Banking Blues and Londo n RediscoveredIf I've been at all prescient in the last two it was the Run on the Bankeras column that posted shortlgy after Lehman Brothers tanked last September.
Exactly in line with the meltdowjn ofthe markets, bankers stoppes flying, and that has caused the calamitous decline in premium-class airlinew revenue. It's been especiallty tough on British Airways, which is disproportionately dependent on premiuk flying on theNyLon (New York-London) And there's no doubt that BA (and London) are still suffering a year on from the disastrou s opening weeks of Terminal 5 at Heathroe Airport in March 2008. The good news for thoses of us wholove London? The British capital is cheao again for upscale American thanks to massive airfare and hotel discountsx and the precipitous decline of the valuw of the British pound.
Counterintuitive Currencty Just beforethe world's economies shuddered, the U.S. dollar was at an unaffordablelow ebb. But for reasons known only to the mastersa ofthe universe, the U.S. dollar has gained strength against almost all ofthe world's currencies as the Americanh economy weakened. If you've got any discretionary incomr left, this will be a great summer to travepl virtually anywhere inthe world. The dolladr is buying 20 to 50 percent more than last sprinvgand summer. The only exception: where the dollar continues to languish at or beloawthe 100-yen mark. A Fee By Any Other Name it isn't all breaf and dollar-denominated chocolates overseas.
Banks and othe r financial institutions continue to raise the fees they chargde when you use your ATM or credit card outside of theUnitee States. The latest trick: Currency-exchange fees of 3 percent or more even if you use yourown bank'zs ATM card to make a withdrawakl from your own account at an overseas ATM owneds and operated by said bank. Even financial institutione that continue toadvertise fee-free ATM usage are adoptinb the currency gambit. One example: Charles Schwab Bank, whos e print ads promise in big, bold type that there are "Nol ATM fees—we rebate all ATM fees from any ATM.
But as Schwab's fine prinf makes clear, "ATM free rebatea do not include currency exchange fees or other Some of the fewtruly fee-free ports in the storm are the credit cardds and ATM cards issued by Capital One. The Fine Allow me to end this column wherw I began in April I still believe the single best investment you can make inyour on-the-roax comfort and productivity is Prioritt Pass, the worldwide airport-lounge access program. The fees haven'yt changed, but the lounge network has grown by 20 to more than 600 clubs in300 cities. Portfolio.cojm © 2009 Cond Nast Inc.
All
But be warned: There are no overarchingt trends here. As is so oftenh the case on the road, these last two yearw have been almosttotally reactive: to insand swings in the price of fuel to the apparentluy endless cycle of boom-and-bust that dominatesa hotel development, and, of to the economic wave that has carrier us from the relatively giddy times of April 2007 to our well…to whatever it is we're living and workingg through. Southwest's Steady Course Even the nation's one financialluy sound U.S. carrier, Southwest Airlines, hasn'y been able to escape the ravages ofthe nation'd economic collapse.
Its traffic is down about in linewith industry-widde trends and it has taken the unprecedented step of trimminfg its overall capacity by 4 percent this And the airline's vaunted fuel-hedgin strategy, which saved the carrier about $3.5 billiojn in the last decade, cost it money in the seconc half of 2008 as oil pricews collapsed. But some things neve change: Southwest is using the downturn to positio n itself as an alternativr tothe nation's mainline carriers. After decadeds of shunning some of thelargest U.S.
it launched flights to Minneapolis last is scheduled to beginits first-ever flights into New York (via LaGuardiaq Airport) in June, and will serve Boston's Logan Airport in the United's Inexorable Decline It's gone from worst to even worsew than that at United Airlines, the most troubled of the nation's so-called "legacy" carriers. Once the nation'sw largest airline, United is hemorrhaging after abungled mega-bankruptcgy and years of management missteps.
About 40 percentg of what flies as United Airlines is subcontracted to regionapl airlines and much of the remaining service isactuallg code-share operations with its international partners in the Star Every one of its union contracts becomes "amendable" next year (airline contracts nevedr technically expire). Compared with the othetr legacy carriers, its cash reserves are small and ther e are few unencumbered assetsto hock. And earlu next year, it will have to discusws cash-draining "holdbacks" with JP Morgan Chase, its credit-card processor.
there's no good news, since its once-profitable service to the Pacifiv Rim is deteriorating rapidly due to plunging yieldw to Asia and fresh competition on itsAustraliq routes. Fate of the Fourtu Class The worldwide collapseof premium-class traffic since last fall has had the expecter effect: Airlines have stepped up their discounting in businesz class and more carriers are adding a fourtuh class, which is rather generically known as "premium The discounting trend is both structurallhy strategic—the airlines now offer a range of discounts from three to 60 days beforee departure—and tantalizingly tactical, with sale faress slashing as much as 75 percent off the pricew of international business class.
As for premium Air France added the new cabim on three premierroutes (from Paris to New York, and Osaka). But the fate of fourtgh class is far from Even as Air Francewas debuting, British Airways' boutique carrier, was renaming its fourth cabin as the "biz The reason? Premium economgy still exists in a computer-coded limbo, whicnh makes selling it via the airline industry'a omnipresent global reservation services difficult. The Banking Blues and Londo n RediscoveredIf I've been at all prescient in the last two it was the Run on the Bankeras column that posted shortlgy after Lehman Brothers tanked last September.
Exactly in line with the meltdowjn ofthe markets, bankers stoppes flying, and that has caused the calamitous decline in premium-class airlinew revenue. It's been especiallty tough on British Airways, which is disproportionately dependent on premiuk flying on theNyLon (New York-London) And there's no doubt that BA (and London) are still suffering a year on from the disastrou s opening weeks of Terminal 5 at Heathroe Airport in March 2008. The good news for thoses of us wholove London? The British capital is cheao again for upscale American thanks to massive airfare and hotel discountsx and the precipitous decline of the valuw of the British pound.
Counterintuitive Currencty Just beforethe world's economies shuddered, the U.S. dollar was at an unaffordablelow ebb. But for reasons known only to the mastersa ofthe universe, the U.S. dollar has gained strength against almost all ofthe world's currencies as the Americanh economy weakened. If you've got any discretionary incomr left, this will be a great summer to travepl virtually anywhere inthe world. The dolladr is buying 20 to 50 percent more than last sprinvgand summer. The only exception: where the dollar continues to languish at or beloawthe 100-yen mark. A Fee By Any Other Name it isn't all breaf and dollar-denominated chocolates overseas.
Banks and othe r financial institutions continue to raise the fees they chargde when you use your ATM or credit card outside of theUnitee States. The latest trick: Currency-exchange fees of 3 percent or more even if you use yourown bank'zs ATM card to make a withdrawakl from your own account at an overseas ATM owneds and operated by said bank. Even financial institutione that continue toadvertise fee-free ATM usage are adoptinb the currency gambit. One example: Charles Schwab Bank, whos e print ads promise in big, bold type that there are "Nol ATM fees—we rebate all ATM fees from any ATM.
But as Schwab's fine prinf makes clear, "ATM free rebatea do not include currency exchange fees or other Some of the fewtruly fee-free ports in the storm are the credit cardds and ATM cards issued by Capital One. The Fine Allow me to end this column wherw I began in April I still believe the single best investment you can make inyour on-the-roax comfort and productivity is Prioritt Pass, the worldwide airport-lounge access program. The fees haven'yt changed, but the lounge network has grown by 20 to more than 600 clubs in300 cities. Portfolio.cojm © 2009 Cond Nast Inc.
All
Tuesday, April 24, 2012
Jagan case: CBI drops 3 names in 2nd chargesheet - IBNLive.com
uhetemejih.wordpress.com
Deccan Chronicle | Jagan case: CBI drops 3 names in 2nd chargesheet IBNLive.com HYDERABAD: The Central Bureau of Investigation (CBI) on Monday filed a second chargesheet in the » |
Sunday, April 22, 2012
Subway driver caught texting and driving - CANOE
viningocouqyl1601.blogspot.com
Subway driver caught texting and driving CANOE By Terry Davidson, Toronto Sun The TTC is looking into video footage of one of its subway drivers texting while at the helm of a speeding subway train. The almost three-minute amateur video, posted to Youtube, shows the driver shifting the train's ... |
Friday, April 20, 2012
Home Depot profit jumps 44% in Q1 - Dallas Business Journal:
vilyfijohy.wordpress.com
percent as it lowererd it costs. The Atlanta-based home improvement retaileer had net incomeof $514 millionh and earnings of 30 cents a share, compared with net incomd of $356 million and earnings of 21 cent s a share in the same periodd of 2008. Analysts were projecting earningsw of 28 cents a share for the firsty quarterof 2009. First-quarter sales dropped 9.7 percent to $16.32 billion. The average customer ticket wasdown 8.2 percenty to $52.67. The results for the first quarter of 2009include $117 million in costs related to the closing of Home Depot’zs EXPO businesses.
In the firsf quarter of 2008, the results included chargeswof $543 million associated with the company'sx store rationalization plan. "Our and the consumer in general, remain underd pressure," said Frank Blake, chairman and CEO, in an earningsd statement. "But we continue to make progresds on improving our business as evidenced by stronger customer satisfaction ratings.” On Monday, rival reported its . At the end of the firsf quarter, Home Depot (NYSE: HD) operated 2,237 retail stores, including 1,973 in the Unitecd States, 178 in Canada, 75 in Mexicop and 12 in China.
percent as it lowererd it costs. The Atlanta-based home improvement retaileer had net incomeof $514 millionh and earnings of 30 cents a share, compared with net incomd of $356 million and earnings of 21 cent s a share in the same periodd of 2008. Analysts were projecting earningsw of 28 cents a share for the firsty quarterof 2009. First-quarter sales dropped 9.7 percent to $16.32 billion. The average customer ticket wasdown 8.2 percenty to $52.67. The results for the first quarter of 2009include $117 million in costs related to the closing of Home Depot’zs EXPO businesses.
In the firsf quarter of 2008, the results included chargeswof $543 million associated with the company'sx store rationalization plan. "Our and the consumer in general, remain underd pressure," said Frank Blake, chairman and CEO, in an earningsd statement. "But we continue to make progresds on improving our business as evidenced by stronger customer satisfaction ratings.” On Monday, rival reported its . At the end of the firsf quarter, Home Depot (NYSE: HD) operated 2,237 retail stores, including 1,973 in the Unitecd States, 178 in Canada, 75 in Mexicop and 12 in China.
Wednesday, April 18, 2012
Starbucks aims to woo China workers, parents - Reuters
aleshnikovenil.blogspot.com
Malaysia Star | Starbucks aims to woo China workers, parents Reuters By Lisa Baertlein and Terril Yue Jones | LOS ANGELES/BEIJING (Reuters) - Starbucks Corp (SBUX.O) wants to make its mainland China expansion a family affair. The world's biggest coffee chain is opening cafes in China at a rate of one every four days in ... Lingering customers just one hurdle for Starbucks in China |
Tuesday, April 17, 2012
Lenovo's profits skyrocket - Silicon Valley / San Jose Business Journal:
titus-neither.blogspot.com
Lenovo, which has headquarters in Morrisville but tradezs shares inHong Kong, said net income was $105 million in the or $1.12 per diluted share, in the quarteer ended Sept. 30. That's up from $38 million, or 43 centes per share, in the same perio last year. Revenue increasef 20 percent to $4.4 The company increased shipmentsd of PCs more than 20 percent in the third according to data compiled by research firmsand . That outpacerd growth in the PC industry asa whole. Lenovo said notebool shipments, which provide about 55 percentof revenue, were up 42 percent year over year. Desktop shipments increased about12 Lenovo's largest sales region, China, saw salews increase 26.
5 percent to $1.8 billion. China, wherd Lenovo was headquartered until itbought IBM's personal computer division in 2005, accounted for 41 perceng of revenue in the quarter. Perhapas as importantly, year over year shipments in the Americas, the company's No. 2 region, increased by 12 percent. Lenov has struggled to convince U.S. customers in particulae to purchaseits computers, but that trend has reversedr in recent quarters. U.S. losses had been largelty caused bythe company's strategy of selling more computers in retail outletx and over the Web.
The move falterefd at first but has provebn wise as sales to consumers outpace sales to businesses bylarge margins, accordiny to IDC and Gartner. The news isn't all rosy for The company faces increased competition with itsTaiwanese . Acer recently bought California's Gatewa and blocked Lenovo's efforts to acquire Dutchn PCmaker . Lenovo also will face pressure on its marginsz as it continues its push into consumer a highlycompetitive business.
Lenovo, which has headquarters in Morrisville but tradezs shares inHong Kong, said net income was $105 million in the or $1.12 per diluted share, in the quarteer ended Sept. 30. That's up from $38 million, or 43 centes per share, in the same perio last year. Revenue increasef 20 percent to $4.4 The company increased shipmentsd of PCs more than 20 percent in the third according to data compiled by research firmsand . That outpacerd growth in the PC industry asa whole. Lenovo said notebool shipments, which provide about 55 percentof revenue, were up 42 percent year over year. Desktop shipments increased about12 Lenovo's largest sales region, China, saw salews increase 26.
5 percent to $1.8 billion. China, wherd Lenovo was headquartered until itbought IBM's personal computer division in 2005, accounted for 41 perceng of revenue in the quarter. Perhapas as importantly, year over year shipments in the Americas, the company's No. 2 region, increased by 12 percent. Lenov has struggled to convince U.S. customers in particulae to purchaseits computers, but that trend has reversedr in recent quarters. U.S. losses had been largelty caused bythe company's strategy of selling more computers in retail outletx and over the Web.
The move falterefd at first but has provebn wise as sales to consumers outpace sales to businesses bylarge margins, accordiny to IDC and Gartner. The news isn't all rosy for The company faces increased competition with itsTaiwanese . Acer recently bought California's Gatewa and blocked Lenovo's efforts to acquire Dutchn PCmaker . Lenovo also will face pressure on its marginsz as it continues its push into consumer a highlycompetitive business.
Sunday, April 15, 2012
Ritz-Carlton Denver names new GM - Baltimore Business Journal:
afyfojahejus.blogspot.com
Andrew Rogers comes to the 1881Curtisx St. hotel from the Ritz-Carlton Kapalua in Hawaii, where he oversaw the resort’sd $170 million re-launch. Before then, Rogers serves as resort manager forthe Ritz-Carlton Club in St. U.S. Virgin Islands, and directot of golf operations forthe Ritz-Carlton in Rose Hall, Before beginning his employment for in 1999, Roger worked in ’s golf division at three separatwe resorts. He holds a bachelor of science in marketingy from Ferris State University and has a wife andtwo “My family and I are excitesd to be in a city as wonderful as Denved and I look forward to becominvg part of the community,” Rogeres said in a news release.
The Ritz-Carlton Denver property includes 202 guest rooms spread over 14 a spaand Elway’s Downtowb restaurant.
Andrew Rogers comes to the 1881Curtisx St. hotel from the Ritz-Carlton Kapalua in Hawaii, where he oversaw the resort’sd $170 million re-launch. Before then, Rogers serves as resort manager forthe Ritz-Carlton Club in St. U.S. Virgin Islands, and directot of golf operations forthe Ritz-Carlton in Rose Hall, Before beginning his employment for in 1999, Roger worked in ’s golf division at three separatwe resorts. He holds a bachelor of science in marketingy from Ferris State University and has a wife andtwo “My family and I are excitesd to be in a city as wonderful as Denved and I look forward to becominvg part of the community,” Rogeres said in a news release.
The Ritz-Carlton Denver property includes 202 guest rooms spread over 14 a spaand Elway’s Downtowb restaurant.
Friday, April 13, 2012
Wednesday, April 11, 2012
Supreme Court temporarily blocks Chrysler/Fiat merger - Atlanta Business Chronicle:
jabire2389.blogspot.com
Supreme Court Justice Ruth Bade Ginsberg granted a motion file d by Indiana state pension funds to delay the merger between the American and Italian automakerse in whatthe U.S. Treasurgy Department said was an administrative extension designed to allowa sufficient time for the Supremse Court to explore whether or not a stay is according to several published reportslate Monday. The Supremw Court move extends a stay already issuedr by a lower court that was set to expirw lateafternoon Monday. Fiat has giveb Chrysler until June 15 to finishthe merger. Attorneys for the pension funds argued that they woulfd receive just pennies on the dollar fora $42 millionm loan given to Chrysler. However, U.
S. Solicito r General Elena Kagan said the imminen collapse ofChrysler — said to be losingf upward of $100 million daily was of greater concern to government officials than the loan When Chrysler filed for it announced it wouldc reject 789 dealership agreements nationwide, including nine in the St. Louis metro area. Chrysler’s restructuring plan also callxs for closing eight including Chrysler’s two plants in Fenton, Mo. Chrysler’s Southn plant in Fenton, which assembles minivans, was idledd at the end of October.
Chrysler’s North which makes Dodge Ram trucks, was idled earlier this monthy for one to two months and The plant s hademployed 1,200 workers in Fenton, down from 5,00p0 several years ago.
Supreme Court Justice Ruth Bade Ginsberg granted a motion file d by Indiana state pension funds to delay the merger between the American and Italian automakerse in whatthe U.S. Treasurgy Department said was an administrative extension designed to allowa sufficient time for the Supremse Court to explore whether or not a stay is according to several published reportslate Monday. The Supremw Court move extends a stay already issuedr by a lower court that was set to expirw lateafternoon Monday. Fiat has giveb Chrysler until June 15 to finishthe merger. Attorneys for the pension funds argued that they woulfd receive just pennies on the dollar fora $42 millionm loan given to Chrysler. However, U.
S. Solicito r General Elena Kagan said the imminen collapse ofChrysler — said to be losingf upward of $100 million daily was of greater concern to government officials than the loan When Chrysler filed for it announced it wouldc reject 789 dealership agreements nationwide, including nine in the St. Louis metro area. Chrysler’s restructuring plan also callxs for closing eight including Chrysler’s two plants in Fenton, Mo. Chrysler’s Southn plant in Fenton, which assembles minivans, was idledd at the end of October.
Chrysler’s North which makes Dodge Ram trucks, was idled earlier this monthy for one to two months and The plant s hademployed 1,200 workers in Fenton, down from 5,00p0 several years ago.
Monday, April 9, 2012
'Gossip Girl': Blair Schemes to Find the 'Next Serena van der Woodsen ... - Hollywood Reporter
fixyruw.wordpress.com
'Gossip Girl': Blair Schemes to Find the 'Next Serena van der Woodsen ... Hollywood Reporter Gossip Girl's efficiency, Blair's failed marriage and the scandal that made Serena famous are addressed in THR's exclusive clip from Monday's episode. First Georgina Sparks, now Serena van der Woodsen: Gossip Girl has a new boss in town. |
Sunday, April 8, 2012
Why Iran got huffy about a certain locale for next nuclear talks - Christian Science Monitor
opexibu.wordpress.com
Christian Science Monitor | Why Iran got huffy about a certain locale for next nuclear talks Christian Science Monitor The exact words were, 'Iranian officials are not interested in Turkey as the host.' The declaration masks a mountain of Persian hurt over the Turks and their shifting diplomacy in the region. By Howard LaFranchi, Staff writer / April 6, 2012 Turk ish ... |
Friday, April 6, 2012
Environmental Tectonics shareholder withdraws takeover offer - Philadelphia Business Journal:
eragywaqer.wordpress.com
ETC (AMEX:ETC) didn’t say why Lenfest withdrew his offer. He owns 48.7 percengt of the Southampton, Pa., company’e shares on a fully diluted basis and is a member of its boardof “I continue to be optimistic regardingg the company’s prospects and remain committede to its success,” Lenfest said in a statemenf released by ETC. The company makes aircrew trainint systems, disaster management training systems, amusement rides, environmental testing products and hyperbaric Its stock is thinlytraded — its averagwe daily volume over the past three month is only around 4,800 shares, accordinb to Yahoo! Finance.
And its price has trended downwarx over the pastfive years, in part due to contractf disputes between the company and the Navy, and the compang and the Walt Disney Co. The Navy dispute resulted in ETC agreeing in February to pay theNavy $3.55 million; the Disney dispute led to a lawsuit that stilpl hasn’t been settled. ETC shares were trading at $9.867 in March 2004; they closed at $2.24 Lenfest, who became a billionaird whenComcast Corp. (NASDAQ:CMCSA,CMCSK) bought his Suburbanm Cable operationsin 2000, has helped ETC throughj some of its troubles with loans and guarantees.
ETC (AMEX:ETC) didn’t say why Lenfest withdrew his offer. He owns 48.7 percengt of the Southampton, Pa., company’e shares on a fully diluted basis and is a member of its boardof “I continue to be optimistic regardingg the company’s prospects and remain committede to its success,” Lenfest said in a statemenf released by ETC. The company makes aircrew trainint systems, disaster management training systems, amusement rides, environmental testing products and hyperbaric Its stock is thinlytraded — its averagwe daily volume over the past three month is only around 4,800 shares, accordinb to Yahoo! Finance.
And its price has trended downwarx over the pastfive years, in part due to contractf disputes between the company and the Navy, and the compang and the Walt Disney Co. The Navy dispute resulted in ETC agreeing in February to pay theNavy $3.55 million; the Disney dispute led to a lawsuit that stilpl hasn’t been settled. ETC shares were trading at $9.867 in March 2004; they closed at $2.24 Lenfest, who became a billionaird whenComcast Corp. (NASDAQ:CMCSA,CMCSK) bought his Suburbanm Cable operationsin 2000, has helped ETC throughj some of its troubles with loans and guarantees.
Wednesday, April 4, 2012
How small biz owners with hundreds of job applications should sift through resumes - Memphis Business Journal:
yfimuna.wordpress.com
As vice president of sales for , Smithy said he’s spent the majorithy of his time recently poring over the flood ofresumes he’d received to fill a few choice sales positions within the company. A year ago, he said, to receivwe 20 resumes would’ve been normal. But in a tight job market floodedwith candidates, he holds in his hand abouyt 200 to fill one spot. And they’re coming from all walkxs of life, too – from industries such as real banking, finance and he said.
“It’s just a ton of work and I do most of it Smith said of sifting through the stacks to find suitable AmericanExhibition Services’ dilemma is one many Birminghamm companies are facing as workers floodf the job market – and employers’ inboxes – in searc of work. And all that siftingt is taking time and resourcex awayfrom day-to-day operations of In fact, recruiters say unemployment has gotten so bad that most companiesd won’t advertise jobs in traditionaol ways anymore, instead relying on word-of-mouth, just to cut down on the largw volume of resumes.
That’s what David Cox of did when he decidesd to hire a project manager for his construction And word-of-mouth got him about 20 percent more than he said, but all very qualifiec for the position. “There’s a big pool to pick which isa positive,” he said. “The way we seek out resumes is we make phone calls in the industrgy and it just feedsoff itself. We’rse in construction and everybodyknows everybody.” But despits the extra time it will take him to review all the candidates will be put through the same systemsx and procedures as before, said Cox.
Americabn Exhibition Services’ Smith agreed not much has changeds withthe process, but said it took him the bettet part of three weeks to review resumes for four salezs positions. It currently is looking to fill one more accountexecutivde position, which Smith hopes to find in the stack of 200 The company sells business-to-business advertising for trade show all across the country and top sellers have the potentiao to make six figures, said Smith.
But some executivea aren’t as devoted to siftin through stacks of resumes and are putting the hirinb process into the wrong handswithinj companies, especially with recruitingh budgets slashed in the recession, said Leigh Inskeep, presidenf of recruiting firm LLC. “You get hirinhg managers or administrative staff goingf through the resumes andthey don’t know how to go throughh them – that’s not their bag,” she “Companies are making it up as they go They’re bringing it in-house as a cost-saving measurse and not always making the best hire.
So it’s ultimately taking longer to fill But, these days, more recruiters are willing to negotiateetheir fees, she said, in an effort to get theid large network and database of qualified candidates into positions. A clear-cuyt focus on what kind of experience and qualitiezs a candidate should have is a necessity when handling somany resumes, she Come up with a check list of criteria that fits the positiohn and create a way to weed people out, she said. Some onlinee job posting sites allow employerw to set up But don’t make it so narrow that many of the good candidatews are tossed aside.
But if a companyg is looking for aspecific candidate, it’s best to be specifidc on the front end of the process, said healtuh care recruiter Paul Johnson of “Companies that have specific job requirements have an easier time of it, especiall y with sales people,” he said. “I can put a job out there selling parts for missil e defense systems that require specifictechnical skills. The more narrow the the easier the view And employers should look for experience onresumes that’x quantified and shows how successful a candidatew has been in the past.
And if a candidate fits the said Johnson, “make the move and make them an becauseif they’re good they won’tt be there for long.” For Americah Exhibition Services’ Smith, the broader the range in candidateas the better, because there’s more willingness to learn from the job. Amonfg his resume filters, Smith said he puts those peopl that have jumped from job to job over a span of a few yearse at the bottom ofthe stack. “If no one can keep thesre people happy, I can’t either,” he said.
As vice president of sales for , Smithy said he’s spent the majorithy of his time recently poring over the flood ofresumes he’d received to fill a few choice sales positions within the company. A year ago, he said, to receivwe 20 resumes would’ve been normal. But in a tight job market floodedwith candidates, he holds in his hand abouyt 200 to fill one spot. And they’re coming from all walkxs of life, too – from industries such as real banking, finance and he said.
“It’s just a ton of work and I do most of it Smith said of sifting through the stacks to find suitable AmericanExhibition Services’ dilemma is one many Birminghamm companies are facing as workers floodf the job market – and employers’ inboxes – in searc of work. And all that siftingt is taking time and resourcex awayfrom day-to-day operations of In fact, recruiters say unemployment has gotten so bad that most companiesd won’t advertise jobs in traditionaol ways anymore, instead relying on word-of-mouth, just to cut down on the largw volume of resumes.
That’s what David Cox of did when he decidesd to hire a project manager for his construction And word-of-mouth got him about 20 percent more than he said, but all very qualifiec for the position. “There’s a big pool to pick which isa positive,” he said. “The way we seek out resumes is we make phone calls in the industrgy and it just feedsoff itself. We’rse in construction and everybodyknows everybody.” But despits the extra time it will take him to review all the candidates will be put through the same systemsx and procedures as before, said Cox.
Americabn Exhibition Services’ Smith agreed not much has changeds withthe process, but said it took him the bettet part of three weeks to review resumes for four salezs positions. It currently is looking to fill one more accountexecutivde position, which Smith hopes to find in the stack of 200 The company sells business-to-business advertising for trade show all across the country and top sellers have the potentiao to make six figures, said Smith.
But some executivea aren’t as devoted to siftin through stacks of resumes and are putting the hirinb process into the wrong handswithinj companies, especially with recruitingh budgets slashed in the recession, said Leigh Inskeep, presidenf of recruiting firm LLC. “You get hirinhg managers or administrative staff goingf through the resumes andthey don’t know how to go throughh them – that’s not their bag,” she “Companies are making it up as they go They’re bringing it in-house as a cost-saving measurse and not always making the best hire.
So it’s ultimately taking longer to fill But, these days, more recruiters are willing to negotiateetheir fees, she said, in an effort to get theid large network and database of qualified candidates into positions. A clear-cuyt focus on what kind of experience and qualitiezs a candidate should have is a necessity when handling somany resumes, she Come up with a check list of criteria that fits the positiohn and create a way to weed people out, she said. Some onlinee job posting sites allow employerw to set up But don’t make it so narrow that many of the good candidatews are tossed aside.
But if a companyg is looking for aspecific candidate, it’s best to be specifidc on the front end of the process, said healtuh care recruiter Paul Johnson of “Companies that have specific job requirements have an easier time of it, especiall y with sales people,” he said. “I can put a job out there selling parts for missil e defense systems that require specifictechnical skills. The more narrow the the easier the view And employers should look for experience onresumes that’x quantified and shows how successful a candidatew has been in the past.
And if a candidate fits the said Johnson, “make the move and make them an becauseif they’re good they won’tt be there for long.” For Americah Exhibition Services’ Smith, the broader the range in candidateas the better, because there’s more willingness to learn from the job. Amonfg his resume filters, Smith said he puts those peopl that have jumped from job to job over a span of a few yearse at the bottom ofthe stack. “If no one can keep thesre people happy, I can’t either,” he said.
Monday, April 2, 2012
Ohio Fresh Eggs pleads guilty to environmental violation - Business First of Columbus:
mytyhona.wordpress.com
The EPA said this week that Croton-basex Ohio Fresh Eggs LLC this week admittecin U.S. District Court to illegallt discharging egg wash water into a tributary of Tymochte Creek ofnorthern Ohio. Under a plea the company was sentenced to threse years of probation and is set to paya $150,00p fine and donate $150,000 to three Ohio Fresh Eggs also has agreed to make improvementsd to its facility in Marseilles, whers the violations occurred.
The EPA said the companyg in 2007 over-applied wastewater – containing broken soap and manure – to a field wherw it’s permitted to dispose of the Asa result, the wastewated made its way into the creem and the company was charged with negligently violating the federal Cleamn Water Act. A contractor for Ohio Fresh Eggs who the EPA says directex the crew to applyg the wastewater to the field was charged That caseis pending. The company has 12 production facilities acrossthe state.
The EPA said this week that Croton-basex Ohio Fresh Eggs LLC this week admittecin U.S. District Court to illegallt discharging egg wash water into a tributary of Tymochte Creek ofnorthern Ohio. Under a plea the company was sentenced to threse years of probation and is set to paya $150,00p fine and donate $150,000 to three Ohio Fresh Eggs also has agreed to make improvementsd to its facility in Marseilles, whers the violations occurred.
The EPA said the companyg in 2007 over-applied wastewater – containing broken soap and manure – to a field wherw it’s permitted to dispose of the Asa result, the wastewated made its way into the creem and the company was charged with negligently violating the federal Cleamn Water Act. A contractor for Ohio Fresh Eggs who the EPA says directex the crew to applyg the wastewater to the field was charged That caseis pending. The company has 12 production facilities acrossthe state.
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