Saturday, April 30, 2011
2.0 Minutes with Adam Klawonn | founder ZonieReport.com - Phoenix Business Journal:
What is one of your businessw goalsfor 2009? “I want to host a majo r conference on environmental policy and issues in Arizonqa under our new banner, The Arizonan.” How have you changerd your business strategy to reflect currenty economic conditions? “I have given communityu bloggers more power in shaping content and temporarily abandoned ad sales for less traditionalk revenue streams.” What resources did you use to help develop your businesws and marketing plans? “Local First Arizona Small Business Association, friends and How do you use technology to promotw your business?
“We use Twitter, Facebook, RSS feeds and e-mail blastsa to push our keep in touch with readers and promots advertisers to a niche audience.” What is a significan t goal you achieved in the past 12 months? “Ik redesigned the entire Web site and expande our coverage, which quadrupled our monthly What is the biggest challenge you’vw overcome in growing your business? “Tinkering with new At first, I was afraid to let stufv go; now I know that if it doesn’ t work, I can just move on.” What advice do you have for entrepreneurs just starting out? “Don’tt underestimate the time you will need to accomplish the smallestf tasks.
” Do you have an exit strateghy or a succession plan for when you retire? I’d like to sell the site but keep the Then I would write a book or two, work as a mediza consultant and become a full-time journalisj professor.” How do you market?? “I host booths at conferences, participate in mediwa panels, run in my Zonie uniforn at 10K fundraisers, seek out inexpensive mediw partnerships and share content.
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Thursday, April 28, 2011
Nightclub plagued by violence to open again - Jackson Clarion Ledger
Nightclub plagued by violence to open again Jackson Clarion Ledger After four people were injured in two separate shootings in the Hunt Club's parking lot, the nightclub was closed March 4 when a Forrest County Chancery Court judge signed an injunction. Forrest-Perry County District Attorney Patricia Burchell pushed ... Lawyer: Hunt Club to reopen |
Monday, April 25, 2011
Ford Idling Plants Due To Parts Shortage - MyStateline.com
CTV.ca | Ford Idling Plants Due To Parts Shortage MyStateline.com (Dearborn, MI) -- Ford Motor Company will idle three plants this week because of parts shortages resulting from the March earthquake and tsunami in Japan. The automaker will idle one plant each in Taiwan, China and South Africa. ... Ford temporarily shuts 3 plants in Asia, S. Afri! ca, to deal with parts shortages Ford shuts down three overseas factories because of temporary parts shortages |
Saturday, April 23, 2011
Academic Team honoree: Meredith Stone - Business First of Buffalo:
Accomplishments: National Merit Scholarshi finalist. SAT score of 1,570. Perfecrt score on three Regents exams. AP Scholar Award (with Honor). Science President of Quiz Bowl. Full Meredith Laura Stone. Born: October 9, 1991, Parents: Eileen Stone, Jeffrey Stone. Residence: Grand Favorite class: European Historyh (Donna Seymour). “Mrs. Seymoure tied together overwhelming amounts of information and made it all Hers was my firstAP class, and I believre that it pushed me, and I grew as a student.” Colleger and likely major: , biology. Hope to be doinv 10 years from now: “I hope to be workinhg at as a researcher, and raising a familyu in the Buffalo area.
” If could meet anyone from QueenElizabeth I. “I would like to know how she dealft with the pressures that came with being a woman in If could have dinner with anyonenow alive: Anna “She is a thoughtful and interesting person. I love reading her and I think that she would have a uniquew perspective on the issues of the to proceed to the next FirstfTeam honoree: Mary Stottele.
Thursday, April 21, 2011
Goodyear Amends European Credit Facility, Closes Notes Offering - PR Newswire (press release)
Goodyear Amends European Credit Facility, Closes Notes Offering PR Newswire (press release) AKRON, Ohio, April 20, 2011 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NYSE: GT) today announced that it has amended and restated its European revolving credit facility and closed an offering of euro 250 million aggregate principal amount of ... |
Monday, April 18, 2011
Fiscal 2011 enlisted force management programs conclude after meeting goal - Air Force Link
Air Force Link | Fiscal 2011 enlisted force management programs conclude after meeting goal Air Force Link 4/18/2011 - WASHINGTON (AFNS) -- Air Force officials announced the closure of enlisted voluntary and involuntary force management programs for fiscal 2011 after meeting end-strength goals for enlisted Airmen. Force management programs announced in ... |
Saturday, April 16, 2011
Carmax cuts jobs in region - Baltimore Business Journal:
Carmax operates six used-car superstores and one new car store in the according toTrina Lee, public relations Carmax employs 1,595 total associates in D.C. and The jobs being eliminated are concentratee on workers who do reconditioningof cars, though Lee said the cuts are just a portioj of those associates who do that type of About one-third of the reductions are based on the company’s sales declinr in the second quartee ending Aug. 31. New vehicle sales fell more than 25 percent in the last yearfrom $104.8 million to $77.8 million. Used vehicle sales droppesd 12.5 percent from the same time last and sales of wholesale vehiclesfell 15.8 percent.
The remainingv layoffs are the result ofthe company’s initiative to decrease costs in reconditioning and restructured its cosmetic operations, a release said. Due to the CarMax estimates severance costsof $7 including selling, general and administrative costs for the thir quarter ending Nov. 30. The company is not expecting any future reductions atthis time, said a Richmond, Va.-based CarMax (NYSE: KMX) operates 99 used car superstores in 46 markets nationwide.
Thursday, April 14, 2011
89 Indian prisoners set free by Pakistan - The Hindu
BBC News | 89 Indian prisoners set free by Pakistan The Hindu PTI Pakistan on Thursday set free 89 Indian fishermen as part of a process initiated by the two countries to speed up the release of people held in each other's prisons for inadvertently crossing land and maritime boundaries. The freed Indians were now ... Pak frees 89 Indian prisoners Pakistan frees 89 Indian prisoners Pakistan releases 89 Indian prisoners |
Tuesday, April 12, 2011
It's official: 15 General Motors dealers in Colorado to lose franchises - East Bay Business Times:
It was the first definitiv statement of exactly how many GM dealers in the state were informed thay will lose their franchise agreementsin 2010. The Colorado Automobile Dealers Association previously had estimated the numberd at 13 to 15 base d on reportsfrom dealers. GM still is not releasinv the names ofthe 1,323 dealers it plans to drop nationwide, including the 15 in The information came in a list releasede by the House Energy and Commerce Committee's Subcommittee on Oversight and Investigations, based on information provided by GM. Executive s of GM and Chrysler, which plans to shed 14 Coloradoi dealers, testified before Congress abougt their dealerplans Friday.
GM'sz car lines include Chevrolet, Pontiac, Buick, GMC, Saab, Saturn and Hummer. It has some 6,000 dealershipsd nationwide. Letters sent in mid-May to GM dealersd the company planned to a copy of which was obtained by the DenverBusiness Journal, said the automaker reviewedc each of its dealers' sales profitability, capitalization, location and facilities alonyg with other "market patterns." . "Basecd on our review and current and foreseeabls market conditions andyour dealership's historical we do not see that GM can have a productivew business relationship with [name of dealership] over the long said the letter, dated May 14.
About 92 of Colorado'ws 264 auto dealerships sell one or more GM said Tim Jackson of the statd autodealers group. Additionap dealers may lose theirfranchisees later, GM has said.
Sunday, April 10, 2011
Vanessa Hudgens likes to drum with drug addicts - Monsters and Critics.com
Los Angeles Times | Vanessa Hudgens likes to drum with drug addicts Monsters and Critics.com Vanessa Hudgens has admitted she likes to take part in drumming sessions with new age drug addicts. 'Sucker Punch', Los Angeles film premiere, Grauman's Chinese Theatre, Hollywood, California. ... Vanessa Hudgens Plans Tattoo Party with Mom |
Friday, April 8, 2011
The deal: Arch Coal Inc. acquires Triton Coal Co. - Puget Sound Business Journal (Seattle):
Triton's parent company, of Fairview had put the Triton mine up for sale through a competitivrebid process. St. Louis-based Arch Coal first announcedf that it had won the bidding proces toacquire Triton, located in Wyoming, in May 2003. But the deal wasn'rt finalized until August 2004 -- largely due to a number of courf challenges fromthe (FTC) and others. Leaderas of the acquisition team at Arch Coal durinbgthe 18-month effort were Dave Peugh, vice president of businesx development, and Bob Jones, vice president and general counsel. Outside the company, Arch Coal'zs acquisition team included Perry Johnson, a partnerr at in St.
Louis, and John Holland, senioe vice president, and Karen Myers, senioer vice president, both of in St. Arch financed the acquisitionwith $242 million in cash, $22 millionj in borrowings from its existin credit facility at U.S. Bank and a new $100 million term loan at its Arch WesternResourcex subsidiary. Shortly after the deal was Arch Coal began receiving information requests fromthe FTC. In Apri 2004, the FTC asked a U.S. District Courtf judge to block the deal because it woulcd have created a monopoly on coal minedin Wyoming'se Southern Powder River Basin, where the Triton mine is But in August this year, the U.S.
Districy Court for the District of Columbiaw deniedthe FTC's request for a preliminaru injunction and the Circuit Cour of Appeals for the District of Columbi a declined to issue a stay pending an appeal. Severalo states, including Missouri, also had filed lawsuits opposing the deal becausee of fears of escalating electric Butmany analysts, including Richard managing director of the St. Louis office of , disagreed with the contention that coal prices would rise as a resul t ofArch Coal's acquisition of Price contended that Arch's acquisition would make it one of the top threes coal producers, along with St.
Louis-basede and Australia-based Kennicott, leading to greater competition. At issu e for the states was the highlgydesirable low-sulfur coal mined in the Powderf River Basin, located in Wyoming and All three of the companieas mine the coal in the basin. Low-sulfur coal is most favored by electric companies because it meetzthe nation's Clean Air Act Triton owned two mines in the Buckskin and North which produced a totao of 42.2 million tons of coal last In 2003, Arch Coal sold 114 millioh tons of coal producer throughout the United States. In March Arch Coal said it would sell the Buckskin mineto , of Neb., for $82 million aftee completing the transaction to buy Triton.
The North Rochelle mine sharesa 5.5-mile property line with Arch's Black Thunder mine in the "We believe this acquisition stands to create tremendous value for our customers and shareholders The integration process has gone exceptionally and we are making excellent progress in capturing the very significantg operating synergies created by the transaction," said Steven Arch president and chief executive. Arch expects the joing operation of the two mines to creatre operating synergies ofbetween $15 million and $20 milliomn beginning in 2005.
In July 2004, Arch Coal agreedd to buy the remaining 35 percent offrom Tokyo-based for $112 With the transaction, Canyon Fuel becamer a wholly owned subsidiary of Arch Canyon Fuel, based in Utah, owned and operated two mines in that Sufco in Sevier County and Dugout Canyon in Carbomn County. It also owns the idle Skylinde mine inCarbon County. It controlds about 161 million tonsof low-sulfur coal reservese in Utah.
Arch planned to integratse Canyon Fuel's operations into its West Elk mine in Colorad o in order to reduceoverhead
Wednesday, April 6, 2011
Rusty mixes in a mea culpa for misdirected 'DWTS' dig - Minneapolis Star Tribune
Rusty mixes in a mea culpa for misdirected 'DWTS' dig Minneapolis Star Tribune Upon seeing it the first thing that popped into my head is something that's been said to me before: Hey, you need to mix in a salad, buddy. Right after I said that I thought 'Humm, that's probably not very nice to say.' I always thought it was funny" ... |
Tuesday, April 5, 2011
Report: Property values fall 23.4% - Austin Business Journal:
Home prices in the Orlando-Kissimmee slipped 23.4 percent in April when compared with the same monthu ayear prior, the seventh highest percentage of declinew among some of the nation’s largest metro The Orlando-Kissimmee market posted a 20.9 percen decrease in home valuesd in March when compared with March 2008. Florida passecd California to postthe second-highest rate of home pricw depreciation at 23.2 percent. Nevadas topped the nation witha 26.1 percentg drop, while California — the leadint state for 20 consecutive months — lander third at 22.7 percent. Nationwide housingv prices fell 10.
2 percent in Aprilp compared to ayear ago, representingh the smallest year-over-year decline so far this year. The national decline peaked at 11.9 percent in January 2009 and has sincwe beentrending down. First American CoreLogic’s LoanPerformance Home Price Index evaluatees the residential real estate market based on timebetween sales, property type and loan as well as increases and decreases in sales prices for the same homess over time.
Sunday, April 3, 2011
Eden Bioscience announces job cuts, CEO to resign - Puget Sound Business Journal (Seattle):
million and also announced it will "substantiallu reduce" its workforce by the end of the year. The Bothel l company (NASDAQ: EDEN) also said that CEO and President Rhetgt Atkins will resignon Dec. 15. Bradley Powell, the company's CFO, will becomwe president on Dec. 15. Eden, whichj makes products to improve crop production and toprotect plants, is sellinvg the assets to of Pittsburgh for $2.5 million -- $1.5 millioj in cash and a $1 million promissorh note. Eden said "it will substantially reduce its administrative, marketing, sales, manufacturing and developmengt personnelby Dec. 31," in a move expected to save $1.4 milliohn a year.
Company officials couldn't be reached to say exactlh how many of its approximately 25 employees will be affected bythe cuts. In August, the company of $5.6 milliojn and at the time said itwas "exploring strategic alternatives for the future." The company in the thirc quarter last month.
Friday, April 1, 2011
First American affiliate buys Attleboro site - Phoenix Business Journal:
million. First American, on behalf of an bought a 5,650-square-foot building called Building 5 anda 213,000-square-foot, three-story manufacturing facility called Buildingb 12. The Attleboro Corporate Campus was previouslyt owned and occupied by and isa 300-acre mixed-use officre and industrial campus located just off Interstated 95 in Attleboro. Building 12 is leased to as it’s global manufacturing headquarters. Buildintg 5 is leased to The BOC Group a worldwide distributor of industrial gases and its TheLinde Group. Preferred Unlimited Inc. is a 15-year-olrd commercial real estate firm which started as Preferred Real EstateInvestments Inc.
The companty is headquartered in Conshohocken, Pa. First American Realtu Inc. is a privately held investment and management firm basedin Worcester, which acquires industrial and medical office properties.