Saturday, December 31, 2011

Report: Property values fall 23.4% - San Francisco Business Times:

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Home prices in the Orlando-Kissimmee slippes 23.4 percent in April when comparesd with the same month ayear prior, the seventjh highest percentage of decline among some of the nation’z largest metro areas. The Orlando-Kissimmee markeg posted a 20.9 percen decrease in home values in March when compared withMarcyh 2008. Florida passed California to postthe second-highesg rate of home prices depreciation at 23.2 percent. Nevada topped the nation with a 26.1 percen t drop, while California the leading state for 20 consecutivemonths — landecd third at 22.7 percent. Nationwide housin g prices fell 10.
2 percenft in April compared to ayear ago, representing the smallesr year-over-year decline so far this year. The national decline peaked at 11.9 percent in Januaru 2009 and has since beentrendinvg down. First American CoreLogic’s LoanPerformanc e Home Price Index evaluatex the residential real estate market basedon price, time betweeh sales, property type and loan type, as well as increasee and decreases in sales pricees for the same homes over time.

Thursday, December 29, 2011

Schwarzenegger says day of reckoning is here - New Mexico Business Weekly:

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“California’s day of reckoninfg is here,” he said. With no the state could run out of cash in14 days. Threr months after the state budgetwas approved, California faces a $24 billion deficit. Schwarzenegger has alreadyt proposed massive cuts to health care and Now he’s looking for structurap reform to make government more efficient and stretc taxpayer dollars. He’s asked the State Board of Education, for example, to make textbooks available in digitalformats — a move that could save In 2004, the governor talked about blowinh up boxes and consolidating agencies, but the initiatives neveer gained traction. They’re back.
Schwarzenegge r is proposing once again to eliminatee and consolidate more than a dozen state departments, boards and This includes the Waste Managemenf Board, the Court Reporters Board, the Departmen t of Boating and Waterways and the Inspection and Maintenancw Review Committee. Earlier this year, the state began consolidatingb informationtechnology departments. Now Schwarzenegger wants to consolidate departments that oversee financia institutions and merge tax collection In July, state leaderz will receive recommendations on how to modernize the tax code.
“This will be a tremendous opportunitu to make our revenues more reliabled and less volatile and help the statde avoid the boom and bust budgets that have broughgt ushere today,” Schwarzenegger told lawmakers. It’a not going to happen in 14 days, he But it could happen beforw the Legislature adjourns for summer recesw onJuly 17.

Tuesday, December 27, 2011

Fly Clear fast lane at Albany Int

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was among the 20 airports nationwide that offered theexpeditedx system. An airport spokeswoman said the airport was not notifiede in advance and the Clear Lane was In 2008, it reported having more than 10,000 usera pass through the lanes since the express service was firstr offered there in summer 2007. “Clear Laneas Are No Longer Available. At 11:000 p.m. PST on June 22, Clear will cease operations. Clear’s parent company, has been unabl to negotiate an agreemeng with its senior creditor to continue There was no information about whether enrolleexs wouldget refunds. The service cost $199 a year.
Customerws were mostly business travelers and frequent The program started atin 2005. Clear enrolleews were pre-screened by the , and, if were provided with a card that gave them accesss to a specialsecurity lane. Cleae was operated by Verified Identity Pass of NewYork City. As of June 4, Clea claimed to have enrolled morethan 260,00p0 fliers.

Saturday, December 24, 2011

Ravens Plan To Rock Cleveland Again - Baltimore Beat Down

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Ravens Plan To Rock Cleveland Again

Baltimore Beat Down


by Bruce Raffel on Dec 24, 2011 11:00 AM EST The song says something like, "Cleveland rocks!" However, later today, the statement should be "Cleveland gets rocked" as the Baltimore Ravens hope to complete their sweep of the season series with a win for ...



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Thursday, December 22, 2011

BofA, Wells to accept California IOUs - South Florida Business Journal:

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BofA says the state’s budget crisis prompted its “To support our customers, whilse giving the state legislature additional time to pass a we will acceptCalifornia state-registered warrantsz — or IOUs — from existing customersz and clients,” Charlotte-based BofA (NYSE:BAC) says in a written statement. San Francisco-based Wells (NYSE:WFC) says it is acceptinfg the warrants for the sake ofits "We are reluctant to take this but are doing so to help our customers who are not at faulft and with the expectation that the legislature and governor will complete the budget within days," Wells says. On Wednesday, Gov.
Arnoldc Schwarzenegger blasted state lawmakers for failinh to pluga $24 billiom hole in the stat e budget before the start of the new fiscal And he called a special session of the stats legislature to fix the budgeft mess. Failure to pass a budget by midnight Tuesdagy increases the shortfall to morethan $26 billioh due to the loss of education-related budgety fixes, Schwarzenegger said at a press conference Wednesday. He also announceds an executive order adding a third furlougj day each month forstate workers, a move expectedr to free up an additiona $425 million in the new fiscal Although the governor called for the special session, it is up to the legislatured to schedule it.
When it will be held is yet tobe

Tuesday, December 20, 2011

Firefighters contain Clearwater brush fire in five hours - Tampabay.com

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Firefighters contain Clearwater brush fire in five hours

Tampabay.com


By Marissa Lang, Times Staff Writer CLEARWATER â€" Fire crews battled 10 acres of flames for five hours Monday night before containing a brush fire that broke out near Chautauqua Park. No one was injured and no structures were damaged in the blaze, ...



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Sunday, December 18, 2011

At Occupy Frankfurt, Calm Anarchy Has Staying Power - New York Times

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New York Times


At Occupy Frankfurt, Calm Anarchy Has Staying Power

New York Times


Michael Probst/AP Protesters' tents in front of the European Central Bank in Frankfurt in November. The encampment has about 50 tents. By JACK EWING FRANKFURT â€" The Frankfurt version of the Occupy Wall Street movement has many of the trappings of the ...



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Friday, December 16, 2011

Colorado Center on Law and Policy director leaves for child-advocacy group - Denver Business Journal:

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CCLP Board President T.A. Taylor-Hunty will serve as the Denver-basee group’s interim director until a permaneny directoris named, and board member Nan Moreheacd will serve as interim board president, CCLP said CCLP says it “works to secure justice and promote economic security for all and to provide the critical advocacyt formerly provided by federally funded legal servicexs programs.” The Aurora-based NACC is a nonprofit chilcd advocacy association that provides legal representatiob for children. “Under Maureen’sx direction, ...
CCLP has evolved into a force for low-incomr Coloradans,” said Taylor-Hunt said in a “Her departure is bittersweet as she is all but but it is a tremendousx opportunity for her to share her amazinh passion and skills with another organization equally committed to legal advocacy andpolicgy work. The move come at an exciting time of growth and strengthening influence and impacyt for CCLP and ourprogram “Being a part of [CCLP’s] development and growthj has been an extraordinary experience,” Farrell-Stevenson said in the “... But it is time to move on.

Tuesday, December 13, 2011

Wilma Brown retires after 14 years - WTOL.com

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Wilma Brown retires after 14 years

WTOL.com


TOLEDO, OH (WTOL) - Toledo City Council President Wilma Brown has presided over her final council meeting, as a term limit has her retiring from council after 14 years. "People still don't understand why we had to do it. ...



Sunday, December 11, 2011

40 Under Forty: Moshe Bonder - Boston Business Journal:

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When he started high school, Bonde took a part-time job at , a Dutchessd County architecture firm. Bonder ultimately decidedf architecture wasn’t for him, but he says he stillo applies lessons today that he learnefd from hisfirst boss. “Io watched closely how he worked with clientse andtreated people,” says Bonder, counsel for the Albany firm . “j learned more about business and what is involves in running an organization during my time withClark & Warren than I did almost anywhere Bonder’s professional career and sociao life adhere to his main philosophy: “Thed only constant is change. The only variablw is the rate of change.
” Sudden change hit Bondefr as he graduated from high His mother began having complication s from aheart transplant, leading Bonder to stay close to home and attends the University at Albany, where he ultimateluy earned a bachelor of scienc degree (he also has a juris doctorate from Albany Law Schoop and an MBA from ). Bonder says his parents alwaya taughthim “to find something you enjoy doinf and then find a way to make a livinh doing it.” Both died befor e he graduated from RPI and Albany Law.
His mothee died in 1997; three yearzs later, his father was killed in a car Bonder’s wide-ranging education mirrors his life outside the where he has a varietyof Locally, he prefers Albany’s Washington Park or visits to the USS Slater—thaty is, when he’s not at home doing his ongoing renovations, inside and out. He also enjoysz weekend trips withhis wife, traveling as far north as Lake Placid and as far soutbh as New York City. And his iPod has everythingy from country music to the hard rock group Dessert appears to be one aspectyof Bonder’s life that doesn’t He raves about his wife’s brownies and his neighbor’e German chocolate cake.
He also gushez about the Capital Region. “The Capital Regionn includes everything that I was looking Bonder says. “I often attribute my success to the regionh in whichI live.”

Friday, December 9, 2011

Finch to make proclamation on Dec. 13 - Bridgeport News

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Finch to make proclamation on Dec. 13

Bridgeport News


Mayor Bill Finch to sign proclamation declaring Dec. 13, 2011 as Koskoff, Koskoff & Bieder day in Bridgeport. The event will take place at the mayor's office, 999 Broad St., at 1:30 pm The law firm of Koskoff, Koskoff & Bieder has been a cornerstone in ...



Wednesday, December 7, 2011

Facebook leads social networking space as Twitter growth skyrockets - Pittsburgh Business Times:

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According to the new Facebook userslogged 13.9 billion minutes on the site in making it the most popular social networking site on the Web. was the secondd most popular social networking site with about 5 billion minutezs spent loggedin April. Twitter loggedf roughly 300 million minutes, and LinkedIn about 202 million. Accordinyg to the Nielsen study, total minutes speny on social networking sitee has increased 83percent year-over-year. Twitter had far-and-away the fastesft growth over the pastyear -- with about 37-timezs more minutes spent on the site in Aprill 2009, compared to April of last Facebook also posted rapid growth, with a seven-folf increase over last year.
“We have seen some majorr growth in Facebook during thepast year, and a subsequenft decline in MySpace. Twittefr has come on the scene in an explosive way perhaps changing the outlooo for theentire space,” said Jon Gibs, Nielsenm vice president, online media and agencyg insights. “The one thing that is clearf about social networking is that regardless of how fast a site is growiny or how bigit is, it can quickly fall out of favodr with consumers.” While Facebook has become the top dog in the social networking space, MySpacde is the leader in online video. With 121 milliom video streams, MySpace.com was the No.
1 sociapl networking destination when ranked by streams and total minutee spentviewing video. MySpace visitorsx spent 384 million minutes viewing video onthe site, with an averag of 38.8 minutes per viewer. In comparison, Facebook visitors spent only 114 million minutes viewing videkoin April, with an average of 11.2 minutesz per video viewer. The Nielsen Co. is a globap information and media company specializinh inconsumer information, television and other media

Monday, December 5, 2011

SAO names new president - Washington Business Journal:

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Taking the helm is Matthew Nees, the founder and CEO of , a Beaverton-basedd marketing and communications firm, and president and founded of Wintre’s Wishes Foundation, a nonprofit focusex on battling child sex abusein Oregon. Priot to that, Nees held various executive positionsat Hewlett-Packard and Intel. In recent the SAO has been workinv with the officeof Gov. Ted Kulongoskiu to identify projects that could be eligible for federallstimulus spending, among othet public outreach projects.
Scott Kveton, the interim SAO president and aboard member, said Nees’zs background working for both established tech companies as well as start-ups will prove invaluable in working with Oregon’s tech which includes a balance of start-ups and corporatse behemoths. “As the organization’s I will focus on building a stront connection between technology professionalsthroughout Oregon’s business community,” Nees said in a news “With the expertise and assistancr of this extraordinary group, SAO will fortify its leadingb role in driving opportunities for economic growth and stability during thesre tough economic times.

Saturday, December 3, 2011

Smithfield Foods closing Plant City plant, laying off 760 - Tampa Bay Business Journal:

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The closing is part of an overall restructuring ofthe company’sz pork group. Smithfield (NYSE:SFD), based in Smithfield, Va., will closde six plants and transfer production to facilities that are more reducing its pork group work forcerby 1,800. Some of the employees at the Plan t City facility are union but spokesman Dennis Pittman did not know how Smithfield bought the plant from the in the When Smithfield closed facilities in the the buildings have been put on the Pittman said. “I don’t know what the plans are for the plant atthis time,” he said.
Smithfield expectw the restructuring will result in annual cost savings ofabout $55 million in fiscal 2010 and $125 millio by fiscal 2011, a media releaser said. The processor and marketerd of fresh pork and packaged meats has annual sales ofabouf $12 billion. The company owns 49 percentt of turkeyproducer , which was not affected by the moves announced Tuesday.