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Tuesday, November 29, 2011
Sunday, November 27, 2011
Landmark health reform bill passes Senate - Jacksonville Business Journal:
stelauguqdinec.blogspot.com
Also winning passage on Thursday was a the creationb of a state agency charged with improving the delivery of healthu care acrossthe state. The “Healthy Kids Healthy Oregon” bill, which will increase taxeas on hospitals and health insurersaby $150 million per marks a major victory for Gov. Ted Kulongoski, who proposed the measure. It faceds fierce opposition byhospital groups, who were pacifiecd when their proposed tax hike was moderated. Insurersw still maintain that the measure will increasew the cost of healt coverage for thousandsof Oregonians, by addiny a 1 percent premium to the cost of commerciakl health insurance.
By raising additional however, the state will receive $500 millioj in unclaimed federal health care Thesecond bill, which allocates two-year funding of $3 million from the state’xs general fund, creates the Oregon Health Authority to oversee existingt state programs that touch on healtb care. The new state agency is charged with establishinb health industry cost control measures and with promotingg health care reform at anational level.
Both bills now head to the governor forhis
Also winning passage on Thursday was a the creationb of a state agency charged with improving the delivery of healthu care acrossthe state. The “Healthy Kids Healthy Oregon” bill, which will increase taxeas on hospitals and health insurersaby $150 million per marks a major victory for Gov. Ted Kulongoski, who proposed the measure. It faceds fierce opposition byhospital groups, who were pacifiecd when their proposed tax hike was moderated. Insurersw still maintain that the measure will increasew the cost of healt coverage for thousandsof Oregonians, by addiny a 1 percent premium to the cost of commerciakl health insurance.
By raising additional however, the state will receive $500 millioj in unclaimed federal health care Thesecond bill, which allocates two-year funding of $3 million from the state’xs general fund, creates the Oregon Health Authority to oversee existingt state programs that touch on healtb care. The new state agency is charged with establishinb health industry cost control measures and with promotingg health care reform at anational level.
Both bills now head to the governor forhis
Friday, November 25, 2011
Price Chopper shoppers can save money at Sunoco - Charlotte Business Journal:
http://property-canada.com/intellectualpropertycanada.html
region can now save on gasolins for their car when they spend money in thesupermarkef chain. Price Chopper has teamed up with more than 70 stations to offerFuel AdvantEdge, a progran that has been available for more than two yearz in other areas servicex by the grocery chain. Consumers can save 10 cents per galloj at participating Sunoco stationds forevery $50 of qualified groceries they The points/dollars can be accumulated over a 90-dayg period and spent on up to 20 gallonw of gas. Sunoco customers in other areas have savesd upwards of 50 cent to 60 andeven $1 or more per gallon, through the according to Jeff Hassman, channel marketing manager for the gas stations.
The numbet of participating stationswill grow, said Neil Golub, president and CEO of Pricw Chopper. Customers must use their Prics Chopper AdvantEdge card to qualify for the The supermarket automatically tracks the purchases that can be applied toward the fuelsavings program. Certaib restrictions apply. For purchases of alcohol, tobacco, gift cards, lotter y tickets, video rentals and some othet items don’t count toward the $50
region can now save on gasolins for their car when they spend money in thesupermarkef chain. Price Chopper has teamed up with more than 70 stations to offerFuel AdvantEdge, a progran that has been available for more than two yearz in other areas servicex by the grocery chain. Consumers can save 10 cents per galloj at participating Sunoco stationds forevery $50 of qualified groceries they The points/dollars can be accumulated over a 90-dayg period and spent on up to 20 gallonw of gas. Sunoco customers in other areas have savesd upwards of 50 cent to 60 andeven $1 or more per gallon, through the according to Jeff Hassman, channel marketing manager for the gas stations.
The numbet of participating stationswill grow, said Neil Golub, president and CEO of Pricw Chopper. Customers must use their Prics Chopper AdvantEdge card to qualify for the The supermarket automatically tracks the purchases that can be applied toward the fuelsavings program. Certaib restrictions apply. For purchases of alcohol, tobacco, gift cards, lotter y tickets, video rentals and some othet items don’t count toward the $50
Wednesday, November 23, 2011
Economists: Start of end in job cuts? - Kansas City Business Journal:
artemchuksykitas.blogspot.com
Some local economists, however, said that this recession is following a script and that the tragix climax may havecome Jan. 26, when more than 75,000 additionaol job cuts were announcefd by and at least 10otheer U.S. companies. Those cuts could mean a happy ending the start ofrecovery — is not so far “I’m with the group that thinks we’rd looking at probably the worsrt of it this quarter and next, and that we’llk see a slow rebound start in the third and fourthj quarters of this year,” said Chris Kuehl, managinhg director of in Kansas City. Of not everyone agrees. L. Randall an economics professor atthe , called this “thde mother of all recessions.
” “It’s going to take many yearzs for just the real estate bust to turn around,” Wray “But we’re also in the middle of a globao financial collapse. Nothing like this has happened since the SoI don’t think we can look at any post-wat recession and say this one is goinvg to be like that.” But some generalizationzs can be made, said Randell Moore, who edits Blue Chip Economicf Indicators from his Kansas City He referenced a recent paper by economists Kenneth Rogoff of and Carmeh Reinhart of the that looks at the aftermat of 18 big financial crises that have occurreds since World War II.
According to the financial crises generally followthese steps: • asset markets experience deep and prolongef collapses. Housing price declines averagee 35 percent over six and equity price collapses averagw 55 percent during a downturn of aboutt three and ahalf years. Second, the unemployment rate riseds an average of 7 percentage points durinfg a down cycle that lastd an average offour years, and outpugt declines an average of 9 percent during a roughly two-yeaf downturn. • Third, government debt explodes an average of 86 percenyt because of the costs of bailingb out the banking system and the inevitable collapse in tax revenue thatgovernmenta suffer.
Frank Lenk, chief economist for the , agreec that the current recession appeared to be following that sequenceof progression. But everything is happening within a yearor two, not thre to six years, he said. “Iu think this recession is happening onInternet time,” Lenk “That’s what makes it seem different.” The determined late last year that the currenr recession began with the Decemberf 2007 peak in economic activity, which cappe an expansion that began in November 2001. If this recessio n ends by the fourthb quarter ofthis year, which Lenk said may be a littlwe too optimistic, he projected that it will cost the Kansas City area 14,000 jobs.
About 9,000 already have been cut during the If the recession lasts througuh the fourth quarterof 2010, the area’s jobless toll coulf reach 34,000, Lenk said. Moorew said the consensus of the 50top U.S. business economists he pollsa each month is that real GDP growthwill barely, in the third quarter of this followed by growth at an annualized rate of aboutg 2 percent in the fourty quarter.
“Of course, every time I’ve done the survey over the lastfew they’ve pushed that (estimated beginning of the a little farther out,” Moore In addition, Moore any kind of rosy prognostications regarding recovery must be temperedc by the depth of the hole the economy will be climbingf out of. The recession already has cost the nation morethan 2.5 million jobs, and if the national unemploymenyt rate rises to 10 percent, that will mean 2 millionb more layoffs, he said. Charlie Sunderland, CEO of Overland Park-basex , said the company is trying to limig layoffs to the 45 already made at one of itsnine U.S. But storage facilities at thosd plants are 85percent filled.
“Once we’re full, we can’t run our plantds anymore until there’s some demand for our said Sunderland, a member of the ’s . “Since the peak of our demanx in 2006 tothe trough, which we believe we’ll hit in late 2009 or early this will be, by far, the deepest declinre in demand for our producty since the Depression.”
Some local economists, however, said that this recession is following a script and that the tragix climax may havecome Jan. 26, when more than 75,000 additionaol job cuts were announcefd by and at least 10otheer U.S. companies. Those cuts could mean a happy ending the start ofrecovery — is not so far “I’m with the group that thinks we’rd looking at probably the worsrt of it this quarter and next, and that we’llk see a slow rebound start in the third and fourthj quarters of this year,” said Chris Kuehl, managinhg director of in Kansas City. Of not everyone agrees. L. Randall an economics professor atthe , called this “thde mother of all recessions.
” “It’s going to take many yearzs for just the real estate bust to turn around,” Wray “But we’re also in the middle of a globao financial collapse. Nothing like this has happened since the SoI don’t think we can look at any post-wat recession and say this one is goinvg to be like that.” But some generalizationzs can be made, said Randell Moore, who edits Blue Chip Economicf Indicators from his Kansas City He referenced a recent paper by economists Kenneth Rogoff of and Carmeh Reinhart of the that looks at the aftermat of 18 big financial crises that have occurreds since World War II.
According to the financial crises generally followthese steps: • asset markets experience deep and prolongef collapses. Housing price declines averagee 35 percent over six and equity price collapses averagw 55 percent during a downturn of aboutt three and ahalf years. Second, the unemployment rate riseds an average of 7 percentage points durinfg a down cycle that lastd an average offour years, and outpugt declines an average of 9 percent during a roughly two-yeaf downturn. • Third, government debt explodes an average of 86 percenyt because of the costs of bailingb out the banking system and the inevitable collapse in tax revenue thatgovernmenta suffer.
Frank Lenk, chief economist for the , agreec that the current recession appeared to be following that sequenceof progression. But everything is happening within a yearor two, not thre to six years, he said. “Iu think this recession is happening onInternet time,” Lenk “That’s what makes it seem different.” The determined late last year that the currenr recession began with the Decemberf 2007 peak in economic activity, which cappe an expansion that began in November 2001. If this recessio n ends by the fourthb quarter ofthis year, which Lenk said may be a littlwe too optimistic, he projected that it will cost the Kansas City area 14,000 jobs.
About 9,000 already have been cut during the If the recession lasts througuh the fourth quarterof 2010, the area’s jobless toll coulf reach 34,000, Lenk said. Moorew said the consensus of the 50top U.S. business economists he pollsa each month is that real GDP growthwill barely, in the third quarter of this followed by growth at an annualized rate of aboutg 2 percent in the fourty quarter.
“Of course, every time I’ve done the survey over the lastfew they’ve pushed that (estimated beginning of the a little farther out,” Moore In addition, Moore any kind of rosy prognostications regarding recovery must be temperedc by the depth of the hole the economy will be climbingf out of. The recession already has cost the nation morethan 2.5 million jobs, and if the national unemploymenyt rate rises to 10 percent, that will mean 2 millionb more layoffs, he said. Charlie Sunderland, CEO of Overland Park-basex , said the company is trying to limig layoffs to the 45 already made at one of itsnine U.S. But storage facilities at thosd plants are 85percent filled.
“Once we’re full, we can’t run our plantds anymore until there’s some demand for our said Sunderland, a member of the ’s . “Since the peak of our demanx in 2006 tothe trough, which we believe we’ll hit in late 2009 or early this will be, by far, the deepest declinre in demand for our producty since the Depression.”
Monday, November 21, 2011
Defense business gets on the radar with method for quantifying growth - Tampa Bay Business Journal:
gorbunovabowiper.blogspot.com
The PCE Florida Aerospacs & Defense Industry Index includes Florida-basex companies with a market valuebetween $1 million and $250 annual revenue of at least $500,000, and timely filings with the . Five of the 13 companied currently included in the indexd are from theBay area: (OTC BB: AACS) in (AMEX: AIM) in Clearwater; (OTC BB: in Clearwater; ( : TRCI) in Clearwater; and (OTC BB: in St. Petersburg. The new indezx is the seventh developedby , which is part of the Orlando-basexd PCE family of companies. It focuses on aerospace and defense because that sector is an important part of theFloridw economy, especially central Florida, said J. Clay who directs the indexes.
"These kinds of companies are a mainstay of the Florida Singleton said. "They don't get the attentio that or Disney do, and they'rre certainly not a household name, but there's a lot of them in Small companies, such as Aerosonic with a market cap ofabout $27.5 million, have a hard time attractinv analyst attention, said Mark executive VP of sales and marketingt at the aircraft instrument manufacturingy firm. He is among the executives who welcome the investor focus the indexcoulf bring. "It brings attention to what we'rse doing, and puts us in fronrt of people who may have not been aware of saidBilly Robinson, CEO of Cyber Defens e Systems.
Robinson said inclusion on any indedx is an honor for asmall micro-cap and may open opportunities for Cyber Defense, which designzs and develops unmanned air vehicles. Anything that helpws BlastGard's exposure with the military is welcomed, said Michaelo Gordon, CFO and VP of corporate administration at the which makes materials designed to mitigate the effects of explosionsw andsuppress fires. The index also will provid a window into the hundreds of privately held companies in the aerospace and defense industryin Florida, for which informationh is hard to come by, said Singleton, a financ professor at in Winter Park.
Many of thosre private companies in the Bay area are drawn by the presence of theat , said Michaep Langman, an aerospace and defenss industry specialist for , a sisterf company to PCE Indexes. The marketf performance of public companies provides a benchmarl forprivate firms, helping them determinre if the time is right to sell the compangy or make other major business decisions, Langman The aerospace and defense industry is cyclical but going well at this said Langman, who joined PCE about three monthz ago after working on mergers and acquisitionas for and for Although the new index was officially launched in mid-April, the companiea on it had a composite 9.
75 percen gain in value between 22-March 22. The business jet market is doing especially said Aerosonic's Perkins. "There are a lot of new aircraft cominb intothe marketplace, and small companies like ours have the opportunityy to bring new products Perkins said.
The PCE Florida Aerospacs & Defense Industry Index includes Florida-basex companies with a market valuebetween $1 million and $250 annual revenue of at least $500,000, and timely filings with the . Five of the 13 companied currently included in the indexd are from theBay area: (OTC BB: AACS) in (AMEX: AIM) in Clearwater; (OTC BB: in Clearwater; ( : TRCI) in Clearwater; and (OTC BB: in St. Petersburg. The new indezx is the seventh developedby , which is part of the Orlando-basexd PCE family of companies. It focuses on aerospace and defense because that sector is an important part of theFloridw economy, especially central Florida, said J. Clay who directs the indexes.
"These kinds of companies are a mainstay of the Florida Singleton said. "They don't get the attentio that or Disney do, and they'rre certainly not a household name, but there's a lot of them in Small companies, such as Aerosonic with a market cap ofabout $27.5 million, have a hard time attractinv analyst attention, said Mark executive VP of sales and marketingt at the aircraft instrument manufacturingy firm. He is among the executives who welcome the investor focus the indexcoulf bring. "It brings attention to what we'rse doing, and puts us in fronrt of people who may have not been aware of saidBilly Robinson, CEO of Cyber Defens e Systems.
Robinson said inclusion on any indedx is an honor for asmall micro-cap and may open opportunities for Cyber Defense, which designzs and develops unmanned air vehicles. Anything that helpws BlastGard's exposure with the military is welcomed, said Michaelo Gordon, CFO and VP of corporate administration at the which makes materials designed to mitigate the effects of explosionsw andsuppress fires. The index also will provid a window into the hundreds of privately held companies in the aerospace and defense industryin Florida, for which informationh is hard to come by, said Singleton, a financ professor at in Winter Park.
Many of thosre private companies in the Bay area are drawn by the presence of theat , said Michaep Langman, an aerospace and defenss industry specialist for , a sisterf company to PCE Indexes. The marketf performance of public companies provides a benchmarl forprivate firms, helping them determinre if the time is right to sell the compangy or make other major business decisions, Langman The aerospace and defense industry is cyclical but going well at this said Langman, who joined PCE about three monthz ago after working on mergers and acquisitionas for and for Although the new index was officially launched in mid-April, the companiea on it had a composite 9.
75 percen gain in value between 22-March 22. The business jet market is doing especially said Aerosonic's Perkins. "There are a lot of new aircraft cominb intothe marketplace, and small companies like ours have the opportunityy to bring new products Perkins said.
Saturday, November 19, 2011
Restaurateur Norman Brinker dies - Los Angeles Business from bizjournals:
judonebolayb1394.blogspot.com
Brinker passed away Monday nighyt leaving a legacy casual dining restaurants built on what Phil Romano callex a vision of developing the casualp dining restaurant concept where diners are treated not to fast foodor full-outy fine dining, but to a place wherr people can eat everyday. “One of Norman’sw biggest attributes was that he was a great leader anda cheerleader,” Romano said. “He would take people’ds talents and develop them beyond their grew into a restaurant compant that guided chainslike , On and Maggiano’s Littl Italy. Dallas-based Brinker (NYSE: EAT) in the past year sold the restaurantg chain created byPhil Romano: Romano’s Macaronj Grill.
Romano credits his friend Norman Brinker for taking his creative visionm and growing it into a majornationalp chain. “The industry is going to miss him,” Romank said. “Norman had the ability to take somethinh andgrow it. That’s his talent,” Romano adderd that Norman Brinker wasa “good man” who taughty him quite a bit about the restaurant industrh and also quite a bit about leadership.
Brinker passed away Monday nighyt leaving a legacy casual dining restaurants built on what Phil Romano callex a vision of developing the casualp dining restaurant concept where diners are treated not to fast foodor full-outy fine dining, but to a place wherr people can eat everyday. “One of Norman’sw biggest attributes was that he was a great leader anda cheerleader,” Romano said. “He would take people’ds talents and develop them beyond their grew into a restaurant compant that guided chainslike , On and Maggiano’s Littl Italy. Dallas-based Brinker (NYSE: EAT) in the past year sold the restaurantg chain created byPhil Romano: Romano’s Macaronj Grill.
Romano credits his friend Norman Brinker for taking his creative visionm and growing it into a majornationalp chain. “The industry is going to miss him,” Romank said. “Norman had the ability to take somethinh andgrow it. That’s his talent,” Romano adderd that Norman Brinker wasa “good man” who taughty him quite a bit about the restaurant industrh and also quite a bit about leadership.
Wednesday, November 16, 2011
Kansas approves first casino supplier - Wichita Business Journal:
vuwodu.wordpress.com
says Konami is the first company to applyg to become a gaming supplier understate regulations. The company was issued its temporar y certificationon Wednesday. “We are please d to receive the first of what we hope are many applicationds from slotmachine manufacturers,” said KRGC Executivee Director Stephen Martino, in a news release. State rulea require gaming suppliers to any ofthe state-owned casino to meet certain conditions before they can operater here. Among them, suppliers must be licensed or certifiex to do businessin Indiana, Iowa, Missouri and New They also must complete disclosure form s and submit to background Konami still must receive its permanentf certification.
Only suppliers of gaming equipment, such as slot tables and money-counting machines, must submiyt to the certification process, says Don director of administration forthe KRGC. Othet vendors, like for kitchen equipment orfood service, have fewerr requirements to meet. A casino currentlyh is under construction inDodge City, and proposals have been submittecd for facilities in Sumner and Wyandotte counties. A tota l of four casinos could be built in Kansas under a 2007 expandedgambling law.
says Konami is the first company to applyg to become a gaming supplier understate regulations. The company was issued its temporar y certificationon Wednesday. “We are please d to receive the first of what we hope are many applicationds from slotmachine manufacturers,” said KRGC Executivee Director Stephen Martino, in a news release. State rulea require gaming suppliers to any ofthe state-owned casino to meet certain conditions before they can operater here. Among them, suppliers must be licensed or certifiex to do businessin Indiana, Iowa, Missouri and New They also must complete disclosure form s and submit to background Konami still must receive its permanentf certification.
Only suppliers of gaming equipment, such as slot tables and money-counting machines, must submiyt to the certification process, says Don director of administration forthe KRGC. Othet vendors, like for kitchen equipment orfood service, have fewerr requirements to meet. A casino currentlyh is under construction inDodge City, and proposals have been submittecd for facilities in Sumner and Wyandotte counties. A tota l of four casinos could be built in Kansas under a 2007 expandedgambling law.
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