Sunday, October 30, 2011

Gates Foundation, MDC give $1M grant - Business First of Louisville:

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Valencia will get $743,0000 over three years to create a centralizeeremedial program, used across four campuses. It plans to align high school, remediall and college-level standards, expand its remediapl learning communities, and embed reading skills into remedialmath courses. The grants, announced June 22, will supportt remedial programs developed by Valenciwa through Achievingthe Dream: Community Colleges Count, a multiyeaer national initiative aimed at increasing collegew graduation rates among disadvantaged The state will get also get $300,0009 over three years to collaborate with K-12 to reducwe the need for remedial Connecticut, Ohio, Texas and Virginia also got the which will be used to develop new policies acceleratin g the states’ remedial education programs.
The Floridq grants are part ofa $16.t5 million effort to improve remedial education at communityh colleges in five states, reaching about 45,000 studentss nationwide. Four states and 14 other colleges received similar Gates grants for their Achieving theDrean program. Each community college will receive $743,000 over three yearsw to expandits programs. Lumina Foundation for Educatiomn has alsocommitted $1.5 million to this initiative for evaluation and About 375,000 Florida degree-seeking students annually atten a local cmmunity college, with nearly 40 percentg of them taking remedial classes to buildc basic academic skills.
National studies have showjn nearly two-thirds of those taking remedial classexnever graduate, but successful programs at severall colleges demonstrate these numbers can be improved.

Friday, October 28, 2011

Xcel seeks 7.8% summer rate hike to cover higher costs - Tampa Bay Business Journal:

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percent temporary rate hike for smallo businesses and homes to cover higher energy pricesthis summer. The power utility’s so-calle d “electric commodity adjustment” is intended to cover an expected $54.8 million in higher fuel and purchased-energyh prices for the third quarterof 2009. Xcel said that a typica l small-business customer using 1,025 kilowatt-hours a month would see currengt bills increaseby $7.48 a month, to $101.83. A typicall residential customer using625 kilowatt-hours a month would see a $4.56 increase, to $63.05. If approved by the , the rate hike woulcd take effect July 1 and continue forthree months.
Under utility Xcel passes along energy cost increases or decreaseds to customers ona dollar-for-dollar basis throug h the quarterly electric commodityh adjustments. The new request is separate froma $112.1 million Xcel electric-rate hike already approved by the PUC that also takesz effect July 1. That rate increase is to help the Minneapolis-based utility (NYSE: XEL) recoup some $1.7 billion it’s spending on generation, transmissionh and distribution upgradesfor Colorado.

Wednesday, October 26, 2011

Report: Steve Jobs ready to return at Apple - San Antonio Business Journal:

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The Wall Street Journal cited unnamed sources in a report Friday that the nutritional problek that forced the Apple CEO to take medicapl leave in January is nowunder control. The way he departed and subsequent secrectsurrounding Jobs' condition has led to much speculation sincew then about when and if he would returnn to the Cupertino company. Jobs, a surviver of pancreativc cancer, had appeared gauntt at public appearances before taking his a condition he attributed to a nutritionaol problem related to ahormonee imbalance. The Journal quoted an unnamed persoh who it said has seen Jobs inrecent "He was one real sick guy.
Fundamentally he was starving to death overa nine-month He couldn't digest [But] he took corrective action.'' Apple's marketinf chief, Philip Schiller, is scheduled to give the keynote address at the San Francisco conferenc e on Monday, something Jobs would have done before he took his Te company is expected to unveil its new version of the iPhone whicy will reportedly include more processing powet and new features. Until his leave, a rise in concerna about Jobs' health regularly caused a drop inthe company's stock, but it has actuallgy outperformed the market since January. Apple is up 68 percent sincwe sincehis Jan. 14 closing Thursday at $143.74.
The Nasdaq is up only 24 perceny in thatsame period.

Monday, October 24, 2011

Big East Rewind: Syracuse pounds West Virginia; Cincinnati wins No. 6 - USA Today

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USA Today


Big East Rewind: Syracuse pounds West Virginia; Cincinnati wins No. 6

USA Today


What we learned: There still appears to be little rhyme or reason for the happenings in this conference from week to week. West Virginia, dominated 49-23 by Syracuse, looked overrated and confused defensively in a nation »


Government of Jamaica, Jamaica Information Service


Early Stimulation Programme Transforming Lives

Government of Jamaica, Jamaica Information Service


KINGSTON รข€" Since its inception in 1975, the Early Stimulation Programme (ESP) has been transforming lives and making the future brighter for youngsters with varying types of developmental disabilities. Administered by the Ministry of Labour and Social ...



Wednesday, October 19, 2011

Australia pricing in higher bank-default risk - MarketWatch

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MarketWatch


Australia pricing in higher bank-default risk

MarketWatch


Credit default swap premiums for Australian lenders haven't climbed as sharply as for some French banks, but since August they have risen to levels above that of some US, German and Canadian banks, according to Reserve Bank of Australia data out ...


RBA's Edey Says Australian Bank Exposure to EU Debt Is 'Limited'

BusinessWeek


RBA distances Australia from eurozone crisis

ABC Online


Australian RBA Sold A$641M In Forex Market In September

W »

Monday, October 17, 2011

Saving the world, one campaign at a time - San Francisco Business Times:

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The move is part of a new advertising campaign cooked up pro bono for the by San Franciscoi advertisingfirm . The Food Bank paid $10,000 for installation of billboards andradiio time; the total value of the campaignh exceeds $110,000. "We're not looking for a catchuy phrase that makes peoplethink we're something we're not," said Paul Ash, executive director of the Food "We're trying to share our values so peopled make a donation, come volunteer, call theitr senator.
" The Food Bank is fortunate enough to do a campaign every few years, and their cause is appealingh enough that it's never been very hard to find an agency willing to devote six or more monthws to devising a creative campaign. Similarly, went shoppingh for an agency to do a pro bono campaign in 2003 and was able to choosed among three contenders eager to work for Last year, that creative team reunitedd to create a new campaign. Almost all agenciesa do pro bono work fornonprofit clients.
Whiles it's a lot of work to come up with the creativw and to call in favoras to keep production and placemengtcosts low, agencies love the Clients grateful for free services usuall y give the agencies more leeway, allowing the ad folks to flex theirr creative muscle and potentially win "Pro bono work tends to be more cutting A campaign about savingf Darfur has the potential to be a lot more shocking and compelling that sellinyg Windex," said Scott Aal, a principal and co-creativse director at Grant, Scott & Hurley. Grant, Scott Hurley tries to do one majord pro bono campaigna year; past clients include the Americam Cancer Society and Glide Memorial Church.
"I t sometimes balances out the realities ofour business: That you're not alwayxs selling products you love to sell," Aal said. Last Project Open Hand paid about $30,000 for a campaignn whose street value was wellover $200,000, said Bob director of development and marketing at Project Open Hand. "II feel firmly it brought us new donorswho hadn't supporteds us yet, and new volunteers as well," Brenneman said. "Unfortunatelg for the small, less-known nonprofits, it's hard to get a foot in the "Even the best brands are constantlh working to improve their Ash said. "Apple Computer shouldn't have to have huge billboards if you thinkabout it.
We feel the same way. Even if peoples know what you do and support whatyou do, you have to keep talkingb to people to stay on their minds."

Saturday, October 15, 2011

Farmland won't cover cost for refinery shopper - Kansas City Business Journal:

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operation. , an equity investmeny firm based inCos Cob, Conn., approached the Kansa City-based cooperative two weeksd ago saying it was interested in biddintg on the operation, which includes a fertilizer plant and a petroleum The firm's letter of inteny requested a 45-day "exclusivity period," during which Pegasuse could study the plant and be firs t in bidding on the site. Such a bid wouled then kick off apotential auction.
Farmland, which has spenr months unsuccessfully marketing the property as part of itsbankruptcy proceedings, agreed to offset the firm's costs of investigating the site by But the court-appointed committee of unsecured creditors objected to the payment, worrying that it might signal to otherd potential suitors that Pegasus had the insidr track on the Coffeyville property and dissuadre them from bidding. "We were concerned with makingv sure this is an open process so othert parties will come in and we can reac h thehighest price" for the plants, committee attorney Christopher Redmondf of Husch & Eppenberger LLC told U.S.
Bankruptcy Judge Jerry Venters Larry Frazen, an attornehy with Bryan Cave LLP and Farmland' lead bankruptcy lawyer, cautioned that the lette of intent did not wed Farmland to Pegasuas and that other companies could studty the plant during the exclusivity period. Frazen addec that the payment seemed reasonable because of the many environmentall and regulatory issues tied tothe site. "They'rew going to have to put in substantiao time and money to evaluatethis asset," Frazen told the In the end, however, Frazej said Pegasus was willing to do without the paymentf as long as it retained the exclusivithy period.
An attorney for Pegasus also agreec to notify Farmland and the creditodr committees if the firm lost interesgt in the deal before the 45 dayswere up, so as not to blocki the site from other bidders. Venters on Tuesday also approved the biddingy and auction procedures for Farmland to sell its porkprocessing business. Smithfield Foods Inc., based in Va., has proposed to buy the divisionmfor $363 million. Other potentia l bidders have until Sept. 12 to submit highetr offers, after which there would be an The deal must be completedby Dec. 14, Frazeb said. Farmland already has sold most of its with the Coffeyville complec its lastmajor component.
The which filed for Chapter 11 bankruptcy protection onMay 31, sold its fertilizer business in May to Koch Nitrogem of Wichita and agreed to sell its majority interest in Farmland National Beef to minoritu partner U.S. Premium Farmland officials are scheduled on Thursday to release a disclosures statement in which the company will detail its future and show how it plan to payback creditors.

Thursday, October 13, 2011

Facebook leads social networking space as Twitter growth skyrockets - Kansas City Business Journal:

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According to the new Facebook userslogged 13.9 billion minutes on the site in making it the most popular social networkinv site on the Web. was the second most populatr social networking site with about 5 billion minutes spenrt loggedin April. Twitter logged roughly 300 milliobn minutes, and LinkedIn about 202 million. According to the Nielsem study, total minutes spent on social networking sites has increasec 83percent year-over-year. Twitter had far-and-away the fastest growt h over the pastyear -- with abouty 37-times more minutes spent on the site in Apri 2009, compared to April of last Facebook also posted rapid growth, with a seven-fol increase over last year.
“We have seen some majorf growth in Facebook during the past and a subsequent declinein MySpace. Twitter has come on the scende in an explosive way perhaps changing the outlook for theentirse space,” said Jon Gibs, Nielsen vice president, onlines media and agency insights. “The one thinvg that is clear about social networking is that regardleses of how fast a site is growinyg or how bigit is, it can quicklhy fall out of favor with While Facebook has become the top dog in the socialo networking space, MySpace is the leader in onlinew video. With 121 million video MySpace.com was the No.
1 sociall networking destination when ranked by streams and tota l minutes spentviewing video. MySpace visitors spen 384 million minutes viewing video onthe site, with an averagr of 38.8 minutes per viewer. In Facebook visitors spent only 114 million minuteas viewing videoin April, with an average of 11.2 minute s per video viewer. The Nielsen Co. is a globap information and media company specializing inconsumer information, television and other media measurement.

Tuesday, October 11, 2011

Colonial BancGroup names new execs to replace Lowder - San Antonio Business Journal:

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The Montgomery-based bank also appointed longtimer bank director SimuelSippialp Jr. as its new chairman of the board of therebysplitting Lowder’s dual role as both chairmamn and CEO into two positions. The changes will take effecf immediately, according to a written statement released by the banklate Beville, who is the forme r chairman of the bank’s audit committee, said the companuy has “developed solid strategies designed to get us beyoncd the current economic crises.
” “While ther are clearly ongoing issues related to credigt quality that must be addressed and resolved, I believ e the foundation of the Colonial Bank franchise continues to be a vibrant and powerful source of he said in a writtenh statement. Sippial, who serves as chairman of the compensation committee atthe bank, has been with the company for 20 He retired in 1992 after 26 years with IBM and later formed a real estatwe investment and construction firm in based in Montgomery.
who founded the company in 1981 with the acquisitiojn of one bankin Birmingham, announced planw to step down from his post last Under his leadership, the bank grew to new heightss with 68 acquisitions and 352 financial centerw within a 27-year time span. However, the bank ran into strugglexs after the housing crisis ravisherd theFlorida market, which is where a majorityh of the banks assets are located. The bank recentlu made a deal with Florida-based to receivse $300 million in cash in exchange for giving the firm a 75 percent controlling interest in the bank and five seats on its Without the extra the bank will not be eligiblew forthe government’s Troubled Asseyt Relief Program.
Federal regulators said the bank must firstraisw $300 million before it can participate. The company CNB) operates 26 branches in the Birmingham-Hoovef metro area.

Saturday, October 8, 2011

Five Enterprise & Developer Implications of iPhone 4S, iOS 5, Siri - ZDNet (blog)

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Globe and Mail


Five Enterprise & Developer Implications of iPhone 4S, iOS 5, Siri

ZDNet (blog)


Summary: Apple is a consumer company but its reach is so large that there are always implications for big businesses and developers. As the headline promises a listicle, let's just get to it, sh »

Thursday, October 6, 2011

UW researcher wins $3M federal grant - Washington Business Journal:

http://www.lamontanita.org/itchygreenthumb2.htm
The grant from the U.S. Department of Education'zs Institute of Education Sciences will allowq Heinrich to employ academic staff and at leastr four graduate students each year to work on expandinf the project oother cities. Heinrich will continue an evaluation of the tutorin g programs MPS offers as part ofthe district'e fulfillment of the federal No Chilc Left Behind law. The law requires public schools that have not adequately increasedr student academic achievement for three years to offer childrebin low-income families the opportunity to receive extraw academic assistance such as tutoring.
Heinrich's initiak research found that Milwaukee's federally mandated and funded tutoring program is not necessarily reaching the people who need the most nor is it effective in increasingstudent "Our preliminary results suggestt that the students in the tutoring programs are not performing any bettefr on Wisconsin's standardized tests than eligible students not involvex with the tutoring," Heinrich said. Heinrich and her co-workersz have been conducting the MPS studyt sinceApril 2006. The next phase will involve five urban school districts infour states: Minneapolis, Chicago, Dallas and Austin, Texas.

Tuesday, October 4, 2011

Express lane popularity waning - South Florida Business Journal:

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According the most recent statistics fromthe (FDOT) Districtr 6 office, about 23,500 vehicles used the toll lanes in May. “We’rw about 10 percent less than we had projected at this saidRory Santana, the FDOT engineer in chargre of the project. he said, “I’m not unhappy with the results we’rer having at all.” Tolling along the two-lane, 7-mile stretch, whichy runs northbound from I-195 to the Goldejn Glades interchange, began in early December. Totaol express lane traffic from Dec. 5 througb Jan. 3 was 516,000 vehicles. For May, traffic fell to somewhere inthe mid-400,000s, Santanw said.
Revenue from the however, rose to $438,000 in May from $380,0090 in January. While revenue fell from the peakof $472,000p in March, it has remained above $400,000 sincer then. Tolls vary from 25 cents to depending on the levek of congestion onthe highway. Also, the number of people registered to use the lanes for free hasincreasexd steadily, said Jim Udvardy, project director, whosd agency oversees registration. About 4,400 individuals are registered, he said. That’s up from 3,500 in January, when therse was a rush to take advantage of the new Registered commuters with three or more people in theie vehicles can use the express lanesfor free.
The same appliesd to registered hybrid vehiclesand motorcycles. “Thde commuters who are actually using the lanesI don’ t think could be any more Udvardy said. The express lanes may be gettingg slightly less usage than anticipated due to the fact that more peopl e are out of work or usinggpublic transit, Santana said. He said more people may use the northboundc express lanes once the southbounsd express lanes open for tollingh before the end ofthe year, making driving easie in both directions, he The southbound lanes will run from the Goldenm Glades interchange to downtown Miami, he There are also plans to eventuallyh extend the northbound express lanes nortn into Broward County, Santana said.
FDOT is also studyinvg the possibility of one day extendinh the express lanes north into PalmBeach County, FDOT spokeswomann Barbara Kelleher said.

Sunday, October 2, 2011

Lack of Political Will Should Not Deter Preventive Diplomacy Efforts ... - IEWY News

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Lack of Political Will Should Not Deter Preventive Diplomacy Efforts ...

IEWY News


Preventive diplomacy's time has come once again. I am grateful to the presidency of Lebanon, President [Michel] Suleiman, for this opportunity to take stock and chart the way forward. I also want to thank Nigeria, which helped re?energize and re?focus ...



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