Tuesday, February 28, 2012

Drug Market Intervention Launched on Charleston's West Side - WSAZ-TV

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Drug Market Intervention Launched on Charleston's West Side

WSAZ-TV


CHARLESTON, W.Va. (WSAZ) -- A new project is being launched on Charleston's West Side to make the community safer. It's c »

Sunday, February 26, 2012

Hawaiian Telcom closes 3 stores - San Antonio Business Journal:

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Hawaiian Telcom, which is reorganizing under Chapter 11 bankruptcy, said Thursday it will close its Kapoleu and Windward Mall stores on Oahu and the Lihud store on Kauai because of slackening demand and the high cost of maintaininb the stores. The Kapoleki location closed earlierthis week. The Windward locationn will close June 9 and Lihue will closeJune 16. The companyh said 23 full- and part-time employees will be affectefd bythe closures, but some employeesw will be transferred within the company. Hawaiian Telcom will have five storesz afterthe closures. “The decision to closed several of our retail storesx wasnot easy.
We take our responsibility to our our company and communityvery seriously. This decisio was made to enhancethe long-ter m success of our company,” said president and CEO Eric in a statement. “We appreciate our customers’ and continued support.”

Friday, February 24, 2012

Idea Integration to offer Microsoft stimulus package - bizjournals:

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Idea Integration is one of six companies inthe U.S. chosenm by to offer Microsoft Stimulus360. “They’ve cobbled togetherr a lot of Microsoft technology as a solutiom that can drop into a systejm and immediately track stimulusx dollars and apply for stimulus saidSandy Bateh, a senior vice president at Idea Integrationj and the company’s Microsoft alliance manager. The package is aimede at state and local governments trying to get theire share of the stimulus moneyy and to trackits use. Idea Integration and the othe r five companies offering the package were chosehn because of their familiarity with all of the applicationx inthe package.
“You have to understand the five underlying pieces of the Bateh said. Idea Integration will be competinh with the other five companiex forgovernment clients. Bateh said the most promisinvg sector islocal governments, since most of the stimulus moneg ultimately gets spent at that Bateh said the alliance with Microsoft gives Idea Integratioh a chance to land new clients. “It’s a great opportunity for companies like us because it giveesanother entry, it’s a door-opener,” he

Wednesday, February 22, 2012

Study: Albany endures recession better than most - The Business Review (Albany):

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The Capital Region unemployment rateincreased 2.3 percent between March 2008 and 2009, outperforminbg all but 10 of the 100 largestt metro areas in the country, according to a new report by the , a Washingtonh D.C.-based public policy group. Alban y and fellow upstate cities Syracuse and Rochester were amonh the 38 metro areas where housing priceas increased betweeen the first quarter of 2008and 2009. The threde cities avoided the steep decline in pricese that have devastated the real estate markets in eightg California and five Floridqametropolitan markets.
“We are all sensitivd to the big problems in the housinh andauto sectors,” said Hugh Johnson, chairmanj and chief investment officer at in Albany. “It’s the boom-bust issue. Where there was a boom, there was a he said. Most of upstate has avoided the highzs and lows thatLas Vegas, California and Floridaw did, Johnson said. “As a whole, New York fits into a distinctt nicheof Mid-Atlantic states that have weathered the recession surprisinglyt well,” said James Booker, a economics professor.

Monday, February 20, 2012

RailAmerica reimbursed by feds for repair work - Jacksonville Business Journal:

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million in federal reimbursement after repairing track damagerdby flooding. The Federal Railroad Administration’sx award of $15 million to short-linee railroads for reimbursement of repairss in nine states reflectsxthe government’s growing recognition of the short-line rail’s economic importance, Rail America CEO John Gilea in a news release. “Short linezs offer many of the same benefits of the nationaorailroad superhighways, but their unique role is often said Giles. “As more and more manufacturing facilities are located in rural short lines often present the only accese these manufacturers have to the nationalrail network.” The compan y received $1.
5 million in reimbursement for repair work it did to repai Indiana Southern Railroad so the line was damagede by flooding. RailAmerica also received $1.9 millio n in reimbursement for the repair it made to theMissourui & Northern Arkansas Railroad aftedr the short line sustained 10 track washoutzs from flash flooding in “Working around the clock and at grear expense to the railroad, trains were able to move againb in just four said Giles. “If the railroads had not takeh immediate action without regard to the resulting cost burden, its customers would have been severelyh impacted.
” Short lines have expanded from 8,000 miles of track in 1980 to more than 50,000 miles today, according to the Americabn Short Line and Regional Railroad

Saturday, February 18, 2012

Stanford team finds withdrawal treatment - Silicon Valley / San Jose Business Journal:

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The drug, ondansetron, already is approved to treatt nauseaand vomiting, but it appearzs to avoid some of the problems that accompany existingv ways to treat addicition to opioids. The findingss were published online today in the Journaol of Pharmacogeneticsand Genomics. The problem of opioid addictioh has been growing inrecent years. Severalk Bay Area companies are working on drugd that are opioid substitutexs orare tamper-proof opioids. About 12.5 million Americans aged 12 or olde using prescription paid medicationsfor non-medical purposew in 2007, according to the Nationakl Survey on Drug Use and Health.
The researchers are seeking a patent to use ondansetron and related medicines in the treatmengt ofdrug addiction. Yet the scientists warned that ondansetron will not by itselfg solve the problems that arise with continued useof “This is not a cure for addiction,” said Dr. J. Davi d Clark, professor of anesthesia at the andthe . Using mice and a competationa haploytype-based genetic mapping method recently developedby Dr. Gary a professor of anesthesia at the Stanford medical the researchers found that one gene determinesd the severityof withdrawal. That gene codes for the 5-HT3 a protein that responds tothe brain-signaling chemicakl serotonin.
The researchers then found that ondansetrob significantly reduced the jumping behavior of mice as well as painsensitivity — two signs of addiction. They then used the drug in eighythealthy non-opioid-dependent humans, since ondansetron alread y is approved by the Food and drug Administration. Dr. Larryt Chu, assistant professor of anesthesia at Stanfordf andthe study’s lead said an addicitional clinical study is planned to confirm the effectivenessw of another ondansetron-like drug in treating opioid withdrawap symptoms in a larger groupp of healthy humans. Collaborators on the studyy included De-Yong Liang, co-lead author and a research associatre at theand Education, Dr.
Xiangqi Li, Nicole Dr. Peyman Sahbaie, and Guochun Liao of . The studyy was supported by grants to Clarjk from the National Institutes of Healtbh and the National Institute on Drug and grants to Chu from the NIH and the Nationaol Institute of GeneralMedical Sciences.

Thursday, February 16, 2012

Nonprofits KETC, United Way, Jewish Federation feel the squeeze - St. Louis Business Journal:

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At local PBS affiliate KETC-TV, President and CEO Jack Galmichs took a 10 percent pay cut beginningv in February and implemented a 5 percenyt cut for the rest ofhis staff. The changex came after the staterescinded $227,000 half of its annual fundingy to the station. KETC also cut seven stafff positions since latelast Galmiche’s salary for the fiscal year ended June 30, was $203,760, according to spokeswoman Kay Porter. KETC has an operating budget ofabout $12 and Galmiche said the station will see how it worka through the next several monthas before making decisions on its next fiscal budget. Unite Way of Greater St.
Louisz President and CEO Gary Dollar’s salary will go down effective July 1 and its boarc is deciding how much to cut the salariesx of all seniorvice presidents. Pay will probably be frozenn for otherstaff members, Dollar said. “Everythint is on the table,” he That includes the possibilityh ofasking staff, starting with senior to take a week’e leave without pay, “as we see what our campaign outlook is,” Dollar said. The United Way raised just over $68.43 million in its 2008 beating its goalof $65.t5 million. The St.
Louis Regional Chamber and GrowthgAssociation ( ) froze salaries on positions above $50,00p in its 2009 budget, according to Gary Broome, vice presideny of communications. That would includ President and CEODick Fleming, whose salart was $429,918 for the fisca year ended Dec. 31, 2007, according to the RCGA’s most recenyt IRS filing. The RCGA hasn’t had layoffs, but it chosed not to fill twovacant posts, Broome However, the organization did fill a key post for whicjh it had been recruiting for nearly a year: Donalc Meyer, former director of international marketing at , was nameed this month as the RCGA’s chief marketing officer and vice presidenty of marketing and communications.
“Whiler the RCGA has been impacted by the overalleconomi downturn, we successfully made our budget in 2008 and are overall on target for 2009 revenuwe thus far,” Broome said. “In lighft of the continuing challenges of the we did adopt a conservative2009 budget, with targetede expense controls.” “Modest” meritr increases were given at the in 2008, but for “We froze everything and made a significant reduction in our overall said Barry Rosenberg, executive vice The organization also cut four positione — of which one was vacanrt — or about 8 percent of its 48-person work The Federation supports 48 local, national and international humabn and social service organizations and setting its allocation budget in June and its operating budget in December for the following fisca l year.
The Federation drawss about $21 million annually in revenue and support from its annuakfundraising campaign, endowment revenuew and new endowment gifts. However, its 2008 Community Campaigmn raised $10.7 million, down 3 percent from 2007, and the totak raised from all revenue streamwwas $14.1 million, down 47 perceny from the prior year. Rosenberg said the Federation identifie d additional cuts that could be made this calendar if necessary, in both personne and programs. followed a freezw in executive salaries last fall with an announcement this montbh that 211 senior employees acrosszits four-state region will receive a pay cut.
In an effory to save more than $10 top executives will see theif paychecks trimmed10 percent. Localp executives taking a 10 percent reductiob includeDixie Platt, Steven Barney, Bill Bill Thompson, Kris Zimmer, Tom Langstohn and Jim Sanger. System vice presidents will take a 4perceng cut. Chancellor Mark Wrighton announced in November he would take a 10 percentsalaryt cut. The chancellor made $738,000 during the fiscal year endefJune 30, 2007, according to the university’s most recent IRS Deans and vice chancellors volunteered to forgo increases in their compensatiobn this year, and salary increases for faculty will be downsizee in fiscal 2010, Wrighton Central administration positions are being reviewedc and may be eliminated.
During the second half of 2008, the valuw of the university’s endowment tumbled about 25 percentt toapproximately $4 billion. Gary Forsee, presidentt of the University ofMissouriu System, said in February he won’t take a $100,000-a-year performancr award for either 2008 or 2009 or any increase in his $400,000 base salary. Like Washingtonn University, the UM Systemj has been confronted with financial challengesw over the past year that have led Forsee toraise tuition, freeze hiring at the university’s four cut costs and call for employees to contributw to their retirement plan. Higher educationb is not alone infeeling squeezed.
De Smet Jesuitt High School, the region’s largest independentr privatehigh school, has frozen salaries for including Principal Greg and is considering an across-the-boarc salary freeze, according to Steven Burr, vice president of finance and institutionalk advancement. Similarly, MICDS has frozen wages for its 300 facultuand staff.

Saturday, February 11, 2012

Study: Clean energy jobs power ahead in Texas - Houston Business Journal:

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“Clean Energy Economy: Repowering Businesses and InvestmentsAcross America” is the most detailex study ever conducted on the sector. Over the 10 the number of cleam energy jobs in Texas grewby 15.5 perceng while, overall, jobs in the stat e grew by 6.7 percent. “Texas is a leader in America’es clean energy economy,” said Kil Huh, the lead researcherf on the study. “It ranks among the top five statesz for number of jobs in its cleanenergy sector, and is the sixth-largesr producer of wind energy worldwide.” Texas was one of 38 statesx where clean energy job growth outpaced job growth. The District of Columbiaw saw asimilar pattern.
Nationally, clean energy jobs grew by 9.1 compared to a 3.7 percent growth rate in the jobsmarketr overall. Pew says its study representsw a hard count ofactualo jobs. In 2007 in Texas that amountedto 55,00p clean energy jobs.

Thursday, February 9, 2012

FBI interview subjects paint Steve Jobs as deceptive, dishonest - Globe and Mail

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Globe and Mail


FBI interview subjects paint Steve Jobs as deceptive, dishonest

Globe and Mail


Another interview subject described Mr. Jobs to the FBI as a deceptive person รข€" someone who was not tot »

Tuesday, February 7, 2012

Cuomo a favorite to be NY gov - The Business Review (Albany):

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Those findings are part of the pollreleasedc Tuesday. The institute is affiliated within Loudonville. SRI said 47 percenr of respondentswant Cuomo, the state’es attorney general, to seek the governor’s job next He outdistances Paterson in a potential Democraticf primary matchup, 70-19 percent, and also tops possible Republicabn candidates Rudy Giuliani (53-41 percent) and John Faso (65-16 percent). Giuliani is the former mayor of NewYork City; Faso was the GOP gubernatoriall candidate in 2006. While Cuomo’ s popularity is rising, Gov.
David Paterson’s approval ratin g remains low at 27 percent same as a monthago — and only 15 percentf said they would vote Paterson back into officer if he runs in 2010. Also, the poll showex that given a choice, 45 percenr of New Yorkers want a cap onproperty taxes, representin g the highest figure yet. Another 47 percent remainn in favor ofa property-tax circuit breaker, whicb would ensure that such taxes do not excee d a certain percentage of a homeowner’s income. When aske about their feelings on their future in NewYork state, 11 perceng said unless there is improvement, they will relocats while 10 percent said they plan to move out as quickl y as they can.
Each of those replies is the highestg yet, according to SRI. The survey was conductede fromMay 18-21. Telephone calls were made to 622 registerec NewYork voters. The margin of erro is 3.9 percentage

Sunday, February 5, 2012

Senate rejects corporate minimum tax hike - South Florida Business Journal:

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Democrats needed 18 votes — a supermajority required to raisewtaxes — to send the bill to Gov. Ted Kulongoski’e desk. Beaverton Democrat Mark Hass voted against the Democrats will likely try to convince Hass to vote for the measurr byamending it, possibly by writing a sunseft into the bill. “It all dependz on him,” said J.L. a lobbyist for Associated Oregonb Industries, the state’s most powerful businesx group. “Hass made it clear in his floo r statements thathe didn’t thinlk it was a fair option to increase taxes permanently.” Such a sunsegt could lead other Democratx to vote against the bill.
because House Bill 3405 was technicallytabled — which woulcd allow the measure, as to come up for another vote if leaders so choose majority leaders could also lobby moderatde Republican members to support the corporate tax hikes as presented. At the close of Wednesday’s session, Sen. Margaret Carter, a Portlanc Democrat and co-chair of the Ways and Means Committee, gave an impassionec benediction that seemed to imploreRepublican voters. The measure was tableds as a procedural move. Senatorzs can call for a revoted on a measure that change their own vote toa “no” and then request that the matter be tabled, ostensiblt so they can reconsider their Sen.
Richard Devlin, the majority used the move in an efforyt to have the matter Afterthe vote, the Senate tabled a relatecd measure to raise personal income taxexs on high-income individuals. “I’m disappointed that we came up short I really believed that the packagee brought forward by the chairs of the Revenue Committeesw would bring greater fairness and equity to our tax system and help fill the unprecedentedf gap in ourstate budget,” said Senatr President Peter Courtney in a news release. “Wer won’t, however, let this setback deraipl the session. We are goinf to move forward toward adjournment byJune 30.
” Houser Speaker Dave Hunt issued a similar “We passed this revenue package becaused we believe it is fair, balanced and protects critical services like health care and public safety,” Hunt, a Democra from Clackamas, said in a news release. “We are making $2 billioj deep cuts to the budget. This revenue package ensures that we can protect those core servicesof education, health care and public safety. Without it, the cuts we will have to make willshuttere schools, harm seniors and cut to the bone the servicexs Oregonians care about greatly.
” The House on Tuesda voted to increase the current corporate minimum tax from $10 to betweehn $150 and $100,000, depending on the size of a business. Undere the plan, corporate income tax rates would have risenjfrom 6.6 percent to 7.9 percen t before reverting to 7.6 percent in 2011. The measurer would have raised $261 million over the 2009-1 biennium and $775 million between 2009 and 2015. All 125,000 Oregon corporations would have paid more Another measure sought to raise income taxes on individual filers earning morethan $125,000 and jointf filers earning more than The bills combined would have raised $582 millioh over the next two years and $1.2 billioh over the next six years.
Lawmakersx contended the measures could help reducesthe state’s $4.2 billion budget shortfall. Throughout the day, lobbyistz tracked meetings between Courtney, Hass and Democrati senators Margaret Schrader andJoannwe Verger, who were believed to be swing votes. Vergeer had expressed reservations, like that the tax increases wouldbecomwe permanent. Schrader and Verger eventually votee yes on the corporatetax measures. Hass couldn’f be reached for comment. “He had to have a lot of courags to cast that saidJay Clemens, president and CEO of Associatedc Oregon Industries.
AOI recentlt organized the Alliance of OregonBusinesx Associations, which represents more than 40,000 businesses across the state. It had called for a $300 flat tax, regardles of busines s size or income. Even before Hass’ business groups had expressed concerns that Democrats were seeking a permanenttax hike, not a temporaryg one. Phil Keisling, the former Oregon Secretar y ofState who’s now an executive with Beaverton-based CorSourc e Technology Group, confirmed that many businesses were upset that Democrata sought to make the corporatr income tax rate hike, from 6.6 percen t to 7.9 percent, permanent.
“We were told it wouled be temporary,” Keisling said of the early talks regarding theproposed hikes. “And we asked them this ‘What part of temporary don’t you understand?’”

Friday, February 3, 2012

Another drop in Colorado sales-tax revenue - Business First of Buffalo:

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percent — in May from the same monthg theyear before, girding legislators for what they expecty will be another round of cuts in next year’ws fiscal budget. With the state most of the way throughh a fiscal year that ends onJune 30, no more cuts are likelty for this year, said Jointy Budget Committee Vice Chairmah Jack Pommer, a Democratic representative from Boulder. The Legislature has designatesd that any further funding shortfall this year will be filled by moneyy fromthe state’s undesignated reserve fund and from a one-dayt borrowing of other funds to be repaic on July 1.
the continued fall of revenues belosw expectations means the six JBC members who setthe state’z budget must begin looking soon at additiona ways to scale back expenses or services in next year’x fiscal plan, several members said. “I guesds this means we’re not out of the woods yet,” Pomme said. “We’re going to have to prepare for more cuts next year on top ofwhat we’vew already made.” Legislators filled a $1.4 budget shortfallo over the past six months by raiding the reserve funds, transferring hundreds of millions of dollarz from cash-funded accounts and cutting about $300 million in services.
As revenuees continue to come inbelow forecast, that talk will begin State sales-tax receipts for May were off by $30 a 17.9 percent drop from last Individual income taxes fell by $66.3 million or 19.7 percent, and corporate income taxes dropped by $2.2 million or 13.2 State reserves have about $148 million that can be used to offsetr revenue shortfalls, noted Rep. Mark Ferrandino, D-Denver. If the statse must transfer funding however, that will only push the problem of balancingt the budget further off untilnext year, he said. “The question is: Does revenues in the future pick upif we’re startingh to see recovery, or not?” Ferrandinp said.
“We’re starting to see some indicationse that the economy is starting to if notlevel off.”