Friday, November 30, 2012

College of Nanoscale Science will start undergraduate program - Triangle Business Journal:

tatyanagepoji.blogspot.com
State University of New York Chancellotr Nancy Zimpher made the announcement Friday atthe college’s Fullet Road campus. Currently, the college offers only master’s and doctorapl programs. Some undergraduate courses will be offered in the but the first full class of aboutt 50 students will start inthe spring, said Robert vice president of academic affairs at the school. The college planx to grow the freshman clasd to 300 to 500 in the next four or five saidAlain Kaloyeros, the college’s vice presideng and CEO. The baccalaureate program will be funded througgha $10 million endowment, a donation that includes an undiscloserd amount from G.
Thomax Selfridge, who owns The endowment is expected to coverdtuition costs, Kaloyeros said. Selfridge also made an endowment when the campusz openedin 2001. The state approvefd the four-year program two weeks ago. Initially, Alban Nanotech will not add to its staff of 55 Geer said, but that numbef is expected to grow to 75 over the next five Friday’s announcement was another milestone for the Albany NanoTech campus, where the collegew is located. Earlier this week, officials therde announced that private, federal and state investments at the campus hadtoppedc $5 billion. Employment has also exceededd the 2,500-mark.
That’s the number of researchers, engineers, students and faculty that now work atthe 800,000-square-foot With an average salary of $81,000, thosre numbers translate to an annualk payroll of $202 Albany NanoTech opened its fourtnh building, NanoFab 300 East, this past spring. Zimpherr became chancellor June 1. She is touring SUNY campuses over the nextfew months.

Thursday, November 29, 2012

OPT: Tunnel closures exacerbate Gaza housing crisis - IRINnews.org

sucujovide.wordpress.com


Sydney Morning Herald


OPT: Tunnel closures exacerbate Gaza housing crisis

IRINnews.org


The closure of some of the tunnels (the percentage is uncertain) has exacerbated an existing housing crisis in Gaza caused by rapid population growth and extensive damage and destruction of homes during Israeli military operations, but most of  »

Tuesday, November 27, 2012

Contract award may end dispute with EBS - Triangle Business Journal:

ogarawo.wordpress.com
The Department of Health and Humamn Services has awardedof Meriden, a $35 million contract to create seasonakl and pandemic flu vaccines based on its new developmenft technology. That contract coul be extended for up to five yearsand $147 million in tota l value. Emergent BioSolutions said it hopew Protein Sciences uses that new revenue source to pay off anoutstanding $10 million loan to the smalled company, made to keep Proteimn Sciences’ operations going so Emergenr could ultimately purchase it this time last year for up to $78 But those acquisition plans quickly fell apart, resulting in both companiesz accusing the other of breaching the contract.
Emergen t sued Protein Sciences for fraucd and breach of contract last year in the first of two lawsuits it’s filed against the Connecticut The second, filed earlier this month, was to seizee all of Protein Sciences’ assets as collateral for the $10 milliomn loan, for which Emergenr said in a filing it had givebn two extensions for repayment, one in January and the otheer at the end of May. “I’m hopeful that this [HHS will enable PSC to pay us back,” said Daniel president of Emergent (NYSE: EBS).
“They haven’r come forward with an offer to pay us back at this But Protein Sciences executivesw said their investors had offeres twice to repay theoutstanding loan, but Emergent never responded. “Oufr investors have offered Emergent to be paid off in the last coupler of months on at least twodifferen occasions, where Emergent didn’t give any feedback,” said Manon Cox, chieff operating officer for Protein Sciences, which she said is with the new federal “There is money available to pay them They just haven’t accepted it.
” Abdun-Nabi says that statement is “If they have an offer that they can show [us] to pay us, in full in that would be terrific,” he said. “We haven’t seen that offer.” Emergent said if Protein Sciences were to repaythe loan, which is now more than $10 millionb with interest, it would drop its initia lawsuit and move on. The process had delayecd the HHS contract award by roughly a year as the federap agency determined how the situation woulf play out and whether it would leave Protein Sciences with the means to fulfill thecontract terms.
Underr the contract, the compant would need to fund the initial developmenrt work itself and then submit invoices to the federalk government tobe reimbursed. “We had to do several financiakl auditslast year” of Protein Sciencesd before awarding the said Robin Robinson, director of the Biomedical Advanced Researchg Development Authority, the HHS divisionj that awarded the contract. “We have been aware for almost a year of apossibles takeover.” While Protein Sciences claims that the locall company attempted to block that Robinson said Emergent never spoke to him or the agency about the potential award.
Abdun-Nabi also said his company has no control over the federalcontractinfg process. Earlier this week, Emergent ventured down yet another legall route to win backits money. It was one of threwe creditors to file a bankruptcy petitioj forProtein Sciences, asking the court to relievew the Connecticut company of its current managemeng and replace those executives with an independent trustee. In that bankruptcu filing, which calls for a liquidation and auction ofthe company’s assets, Emergeny said it’s owed $11.5 million, considerablt more than the other two petitioning creditors who are owed $161,009 and $50,000.
The federal agency awarded Protein Sciences the contract to furthere develop its FluBlok seasonal flu vaccine a productin late-stage testing that had been of interesty to Emergent when it offered to buy Protein Sciencesa — as well as a new vaccinre treatment in development for the swine flu.

Monday, November 26, 2012

Grocery prices fall 2 percent - Birmingham Business Journal:

ogarawo.wordpress.com
The Alabama Farmers Federation’sx Monthly Food Price Survey found that averagre cost of common grocery items droppedto $50.68 the first week of down 92 cents from the previous month. Whils prices are lower for shoppers – dairy farmers are according tothe survey. The prices of dairy products have been hit hard by thesaggingb economy. Struggling dairy farmersa across the nation are facinban “unprecedented crisis” since the average price paid to farmerx is less than half their cost of production. For the seconrd straight month, milk fell a nickel to $2.70o per half-gallon and eggs dropped 17 centato $1.15 a dozen. Butterr was down 4 cents to $3.43 a pound.
ice cream, received a boost likely attributed to Independence Day was unchangedat $3.72 a

Friday, November 23, 2012

HGTV

ogarawo.wordpress.com
The site is in the seconsd phase of SanPedro Overlook, whichn is part of the sprawling development east of the Sandiq Mountains. Campbell’s developers aggressively sought to be part of the Dream Home show that has a viewshipo of 97million U.S. homes. The Dream Homes are given away annually, but some winners didn’t take them becausee of tax consequences. Campbell Ranchn has guaranteed to HGTV that it will buy back the home from the Home and Gardenn network if the winner does not wantthe $1.5 milliobn home.
Some in the region’s housing industry say the show can throww a national spotlight on the local housing industrhy andpromote higher-end homes that have sufferex in the current downturn. San Pedro Overlook is embarkingg on a third phas of70 lots, but many of its second phased lots have not been built yet because of the sluggisuh economy. The new home was designed by Amy a -trained architect who workerd at . Cedar Cresrt builder Mark Roccaforte of is the This is the firsttime Knoxville, Tenn.-based HGTV has builtr a dream home in the Southwest.
The contemporary Southwesterbn Pueblo-style dwelling features three three bathrooms, a home office, home theater, gourme kitchen and guest casita. It is being builtr to have unobstructed viewa of the Sandia and San Pedrokmountain ranges. “This is our firsy Southwest location for the HGTV dream home and we intensd to show the features that make this locationso It’s a spectacular placw and the house we’re building is going to be a responsiblr example of Southwestern livin g at its best,” said HGTV Dreajm Home planner Jack Thomasson. For more information on the visit HGTV.com, or watch the and the Campbell Ranch dreamhome site.

Thursday, November 22, 2012

ESPN Zone closes doors in Denver - Denver Business Journal:

martaemimbzini.blogspot.com
The ESPN Zone, part of a nationwidwe chain of what used to be nine ofthe sports-themed bar and interactive game centers acrossd the country, laid off roughly 100 giving each a 60-day administrative leave according to a company statement. Rick Allesandri, an ESPN vice presidentt who overseesZone operations, said in the statemenrt that the restaurant could not survive the recession. This economicd downturn has been marker nationally by reduced consumer spending on eating out and onentertainmenty activities. “A decision like this is nevetr easy. We recognize and appreciats the commitment and years of service of all ofthesed employees,” Allesandri said.
“Unfortunately, the current economic environmentt offered us noother choice.” The ESPN Zone was a 23,000-square-fooft meeting place for sports fanatics, with one room featuringh more than a dozen largwe televisions tuned into contests of all kind and anotheer full of video and sports games ranging from basketbal l to bowling. None of the eighf other ESPN Zone locations willbe closed, as all “arse meeting our expectations,” said Matt Kovacs, a spokesmen for the , which owns the Tabor Center, issued a statement saying it was “sorry to hear of theirr decision to discontinue their Denvee operations.
” But the closing of ESPN Zone “has created a new opportunithy for us to brinvg new concepts to 16th Street,” it said. One of those new conceptxs is TheTilted Kilt, a Celtic-themede restaurant and sports bar with 20 locatione operating nationwide and another 10 planned. The chain, whic h is expected to open its Denver location this fall and to offerd outdoorpatio seating, has signed an 8,300-square-foot leass at Tabor Center, according to a news release.
The Tiltedc Kilt began in Las Vegas in 2003 and is notef for its servers dressedin knee-high short plaid kilts and midriff-baring plaid halter It will be one of a number of new tenantsd opening in the Tabor Center this year. “Thesde new additions to Tabor Center’as retail offering reflect our continuingy efforts to enhance the services and amenities for the customers and visitors to theTabotr Center,” said Steve Budorick, executive vice presidentg and partner at Callahan Capitalk Partners.

Tuesday, November 20, 2012

Report: Zell might lose reins of Tribune - Portland Business Journal:

savimy.blogspot.com
According to the report, the companhy might fall into the hands of a group of banksx and investors thatholds $8.6 billionm in senior debt. The report says that "the plan centeras on a debt-for-equity swap that probably would give the seniorr lenders a large majority ownership stakee in thereorganized company." The plan would also likely wipe out a $90 milliob warrant that Zell holds that would give him the righy to buy 40 percent of Tribunew for about $500 million.
The report says that Zell'z future in the company would likely be determined by the as it is unclear if the group wouls want to bring in anew management, or if Zell himself woulfd want to remain with the The report says that "sources close to both the creditorsw and the company said it is too early to make such decisionx and Tribune management continues to control the process becausr it currently has the exclusive righ t to propose whatever reorganization plan it wishes." Tribun e through a buyout led by The deal left the company with nearly $12 billioj in debt. Tribune has sold off assetds and cut jobs since the close of the deal to help with the debt Thecompany .

Monday, November 19, 2012

New Butler director has big plans to grow IT center into regional leader - Wichita Business Journal:

raisavydyexuwowi.blogspot.com
Weber, the former program director for cybetr security at Oklahoma CityCommunity College, hopes his work can help Butlerf become a regional leader in IT The IT industry is simila to others, such as nursing, that are struggliny to find enough qualifiedd graduates to accommodate work force demand. Weber says his goal is to have a stronbg program that educates more studentw and sends them out into the work as well as provides further educationh to IT professionalsalready working. "I T professionals are kind of likedoctorse -- there's always going to be a Weber says. "Everybody uses computerw these days.
Wherever there's a computer, there's alwayx going to be a need forcomputet support." Butler's IT Center for Excellencse was recently created as a goal of the , a collaboration betweejn Butler, , and the . The KITE consortiujm decided that each school would beginn establishing a centerof expertise. For that expertise is IT. Butler already has eight associate's degree IT programs that operate under its BusinesdPerformance Group. There are 437 students enrolleds inthe program. The courses are beinhg moved under the control of theIT Center, and Weberf plans to expand to 10 to 12 degree programs.
He'll decide what to add after talking with area employerd and finding out what theirneeds are. The center will have a main currentlyunder renovation, at Butler's Andove campus. Eventually -- although Weber says probably not for at leas t fiveyears -- the goal is for the IT center to be in its own which it would share with Butler's other technical Because Butler is a communitu college, it can't offer bachelor's degrees on its own. But a lot of IT jobs required graduateswith bachelor's degrees. Webee hopes to get around that by someday partneringg with a university to offer the classess that will helpits associate's graduates furthed their education.
Another goal of the center is to creat e an entrepreneurship incubator program that wouldf help students learn how to starrt their ownIT business. Along with its growth plans, the centefr is coming up with a set of new criteria to measurwe each programand teacher. Weber says the cente r will check every year to make sure they are meetinbgthose standards. As executive director, Weber's job is to promots the center and work in conjunctiom with other Butler staff to decids how to bestmeet businesses' says Marilyn Mahan, associate dean of the Careerd and Technical Education division at Butler.
And because Weber comes from a strongtechnicap background, Mahan says, he already has a solid background in what the centerf can do to reach those goals. One of the local businesses that stands to win from the creationm of the centeris . Dick Landkamer, a test engineefr and team leaderat LSI, says the companyt hires an average of one IT student -- on a part-timee basis -- a week. Those students usually stay for a year and And from those students who move on and getthei bachelor's degree, many end up returniny to work full-time at LSI. So what happens with Butler' IT program, Landkamer says, is important to his business. Butler Community College Address: 901 S.
Haverhilpl Road, El Dorado, Kan., 67042. Phone: 321-2222. IT center executive Brett Weber.

Sunday, November 18, 2012

Cities and counties prepare for potential lawsuits over California gas tax - Business First of Columbus:

jiqatili.wordpress.com
billion budget gap with theird money, organizations representing cities and countiez prepared to go to the mat to keepalmost $3 billiobn in entitlements from being diverted. “What the state is doing is making it virtuallt impossible for cities to engagre in soundfiscal planning,” said Ruthannm Ziegler, chair of the public law practice at Meyerd Nave PC, a public agency law firm with lawyerz serving as city attorneyes to more than 25 California municipalities. The 50-membef board of the League of California Citiez voted unanimously June 22 to organize a lawsuit if the state budgetg diverts gas tax funds from municipalities tostat coffers.
Dan Furtado, Campbell city councilman and leagueboarx member, said the money grab prolongs state budge t woes. “Taking money from localk government inthis way, whether it’s just taken or officially really doesn’t solve the state’s long-terj budget problem,” Furtado said. “It only hurts local governmentr that much more because we provide the vital services closes to the peoplewe serve.” Californians pay an 18-cent-per-gallon gas tax, of whichj one-third goes to cities and counties. Santaa Clara County stands to lose $45.4 million in fiscaol year 2009-10 and San Mateo County coulf lose $19.6 million.
The Joint Budget Conference Committee, a bipartisanb legislative group, recommended June 11 to redirecft $1.7 billion in city and county gas taxesz in fiscalyears 2009-10 and beyond. The actiomn was first proposedin Gov. Arnolf Schwarzenegger’s budget revision. Legislators are “talking about violating the constitution and summarily using that moneg to pay offthe state’s highway bond to save the general fund that expense,” said Chris the league’s executive director. Voters have twicr restricted the state’s use of theswe funds: once in 1974 with Propositiomn 5, and again in 1998 with Proposition 2, McKenzis said.
“They’re ignoring both of those ballot and it’s unconstitutional,” McKenzie said. Taking the moneyt would force municipalities to suspende plans for routine road maintenancsexpansion projects, Ziegler said. Cities and countie s maintain 81 percent ofthe state’ws roadways. John Shirey, executive director of the California Redevelopment is battle tested andbattle ready. In the association sued the state forusing $350 millionh of local redevelopment funds to plug a budge t gap. The court ruled the state’s attempt unconstitutional, savingb nine redevelopment agencies in Santa ClaraCounty $21.2 million and San Mateko County agencies $8.3 million.
But many expecf Sacramento to take another run at local including San Jose Mayor Chuck whose city stands tolose $13 million in redevelopment funds if the state is successful. “The constitutionm says redevelopment money should go for redevelopmenfagency purposes,” said Reed, calling the attemp t just a “different dance.” To shirm the court’s ruling, Shirey said legislators have reworded the languag e and could try On June 15 the Conference Committee approvedx a recommendation to take $1.
054 billion from redevelopment agencies in the current fiscaol year, plus fiscal years 2009-10 and The redevelopment association’s board votef to authorize a lawsuit if the state makes an attempt. Shiregy called the state’s move an “act of desperation.” “We continue to say that the statr must do what our members haveto do, which is balance their budgets within theie own means,” Shirey said. “Nevertheless, we’r prepared to go the legal route if they forceeus to.” Ziegler said the state is failinbg to address fundamental structural issues.
“Thw state stealing the money from cities and its redevelopmeny agencies isa stop-gap measure,” she “They’re taking someone else’s entitlement, and leaving citiesx and their residents twisting in the

Friday, November 16, 2012

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

mastering-input.blogspot.com
CCLP Board President T.A. Taylor-Hunt will serve as the Denver-basede group’s interim director until a permanentt directoris named, and board member Nan Morehead will server as interim board president, CCLP said Thursday. CCLP says it “workws to secure justice and promotr economic security forall Coloradans, and to providr the critical advocacy formerly provided by federally funderd legal services programs.” The Aurora-based NACC is a nonprofitf child advocacy association that provides legal representation for children. “Under Maureen’s direction, ... CCLP has evolveds into a forcefor low-income said Taylor-Hunt said in a statement.
“Her departure is bittersweet as she is allbut irreplaceable, but it is a tremendouzs opportunity for her to share her amazing passion and skills with another organization equally committed to legal advocacg and policy work. The move comes at an excitinhg time of growth and strengthening influence and impacr for CCLP and ourprogram areas.” “Being a part of development and growth has been an extraordinary Farrell-Stevenson said in the statement. “...
But it is time to move

Thursday, November 15, 2012

New Hampshire School Bus Drivers and Monitors Choose Teamsters

ejoxot.wordpress.com
"We are all thrilled to become Teamsters," said Firsr Student driver . "We hope to get a contract that will guaranteer usbetter wages, benefits and work conditions." Other main priorities are betterf and more affordable health care and respecrt from management. "The Teamsters welcomde the First Student drivers and will work hard to negotiatde for thema good, first contract that will give them the wageds and benefits they deserve for the hard work they do," said Davie W. Laughton , Secretary-Treasurer of Teamstersw Local 633 and of Joint Council 10. The victory is the lates in an effort to organize private school bus and transit workers acroswthe country.
Drive Up Standards is a national campaign toimprove safety, service and work standards in the privated school bus and transity industry. Since the campaign began in 2006, more than 18,50 drivers, monitors, aides, mechanics and attendants havebecomwe Teamsters. Founded in 1903, the Teamsters Union representsz morethan 1.4 million hardworking men and women in the Uniteds States, Canada and Puerto

Wednesday, November 14, 2012

40 Under Forty: Shawn Allan - New Mexico Business Weekly:

ogarawo.wordpress.com
While he focuses nowadays on ceramics andmaterials technology, in high school Allah thought of majoring in Russian studies and linguistics, or polymer or ceramic engineering—“not really knowing what the latterd two were all about.” It was his impressionsz of a senior-year campus tour of , the Finger Lakes-arewa school so famous for its ceramics that led him to choose his current At Alfred, Allan met an important Dr. Al Meier, who encourageed him to continue withmaterials science. Meiere recommended him for an internshipwith , a well-knowm research center in California. Allan also went to for a master’ws degree.
Academics and career were not his only interestxin college, however; Allan also pursued sociak activism. “I am quite proud of my work durinf college that directly resulteds in a constitutional broadening of myinternational fraternity’s non-discrimination Allan says. His writtehn arguments to the fraternity were published ina “Brotherhood.” At Ceralink, Allan has helped writre funding proposals for projects such as energy-efficient manufacturint of laminated glass. He has been with the company forfour “I enjoy the flexibility of my job, both in what I do and how I Allan says, “and also the flexibility to juggle personalo life.
” Originally from Niagara Allan lives with his partner and cat in He enjoys snowboarding, cross-country skiing, cycling, running, hiking and backpacking, the Troy Farmer’ Market, various Asian cuisines and literature. Recently, he has been readinv “Ulysses” by James Joyce and “Crime and by Dostoyevsky. Allan has been taking Spanish at Troy High School and volunteerz with Capital DistrictCommunity Gardens. He also plays variouws instruments, including bagpipes, flute and saxophone.
What does he think the region needs mostA light-rail public transit

Monday, November 12, 2012

Accelera buys Kenexa unit - Baltimore Business Journal:

goldenayreyg1666.blogspot.com
Accelera plans to keep Kenexa's Learning Solutionsz Group intact atits Lawrenceville, N.J. headquartere while combining thetwo companies' strengths in medical producft sales and marketing. "Like Accelera, Kenexa's Learninhg Solutions Group has top-notch client servicer and productdevelopment professionals," said Accelera Presideng Deborah Ung. "They also have a numbe r of proprietary disease state and therapeutic care productsz andeconomical off-the-shelf products that complement ours to provide a broader range of learning solutions to pharmaceutical, medical and biotechnology companies as well as medicap associations.
" Terms of the deal were not Accelera executives said its company's revenues grew 150 perceng last year. The company has a licensing agreement with Johnds Hopkins University to develop medical videol toolsand e-learning Accelera is a subsidiary of privately held Alpha Genesis LLC. Kenexa is basefd in Wayne, Penn.

Sunday, November 11, 2012

Jacksonville Business Journal: Nomination

lebexab.wordpress.com
Winners will be recognized in a speciak section in The Business Journalon 11. To be eligible for a company must have: – A workforce in Northeasy Florida (Duval, St. Johns, Nassau, Clay, Baker, Flagler or Putnaj counties) – A volunteef program, formal or that enables, encourages or allows full-time, permanentt employees to volunteer in the community Forprofiyt businesses, nonprofits and local government organizations are Self-nominations are welcome. HandsOn Jacksonville awards will be givenbto small, medium and large companies with some companies from each size group also receiving a Jefferson award. DEADLINE FOR NOMINATIONS IS JULY 23.
If you have any please contact Eleanor Sniteat esnite@bizjournals.com. Jeffersoj Awards for CorporateVolunteeringy Deadline: July 23, 2009 *Description of the larges project in the past Include how it was organized and the impacr on the community

Friday, November 9, 2012

Control Components CEO, Sales Manager Sentenced in FCPA Case - Wall Street Journal (blog)

ejoxot.wordpress.com


Control Components CEO, Sales Manager Sentenced in FCPA Case

Wall Street Journal (blog)


Control Components CEO, Sales Manager Sentenced in FCPA Case. Article · Comments · Corruption Currents HOME PAGE ». By C.M. Matthews. U.S. District Judge James V. Selna handed down the sentences to Stuart Carson, the former CEO, and Hong ...



and more »

Thursday, November 8, 2012

Totalitarianism, Famine and Us - The Nation.

kapitonragomo.blogspot.com


Totalitarianism, Famine and Us

The Nation.


But the famines caused by totalitarian regimes can easily become a sensationalized distraction from considering the other causes of mass starvation. After all, mass hunger is older than totalitarianism, and in the most ancient records of human hunger, ...



Wednesday, November 7, 2012

Kannapolis honored for economic strategy - Pacific Business News (Honolulu):

ejoxot.wordpress.com
The city received the award in the categorhy of Excellence in EconomicDiversificationm Strategies, which recognizes responses to plant closures and other economifc dislocations, that promote economic diversification. The competitiom is open to local, state and regional governments; and universities and Cabarrus and Rowan countieslost 4,300 manufacturing jobs when textilse manufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two years California billionaire David Murdock announced plans forthe N.C. Researcj Campus at the 350-acre former Pillowtexz headquarters andmanufacturing site. The life-sciences hub includes the participatiob ofDuke University, the UNC the N.C.
Community College System, other educationalo institutions andbusiness partners. The tota investment is expected toreach $1.8 billion. Residential and commerciao developments are rising around the campus with hopea ofturning Kannapolis, a former textile into a biotech center.

Monday, November 5, 2012

Orlando Business Journal: Most emailed Stories

azajir.wordpress.com
Declines in revenue per available hotel room will begin to fade laterthis year, according to a PKF Hospitality Research report. Florida posted fewer foreclosure filings last but still finished second in the accordingto RealtyTrac. Gov. Charlie Crist signed one of the more controversialp bills to come out of the recentrlegislative session. Federal regulators hit Colonial Bank with a ceaswe anddesist order, which set high demands for the companh to turn around its juice up its capital levels and overhaupl its business strategy.
Regions Financial

Sunday, November 4, 2012

Intel to buy Wind River for $884M - The Business Review (Albany):

ekaterinaiuvo.blogspot.com
Intel's $11.50-per-share offer is about a 44 perceny premium overWind River's closing price on Wednesday of $8. Wind Rivef stock lost more than half its valude betweena 52-week high of $12.999 last August and a low of $5.61 in March. Santa Clara-basesd Intel (Nasdaq: INTC) said buying Alameda-based Wind River WIND) will help it expand its softwarer into thousands of embedded systems and mobile deviced includingsmart phones, in-car "info-tainment" aerospace and defense, energy and thousands of otherf uses.
Wind River will operate as a whollyt owned subsidiary after the deal closews duringthe summer, reporting to Renee James, head of Intel’s software and servicezs group. "Our combination of strengths will be of great benefit toWind River’sw existing and future customers," said Ken Klein, Wind Rivere chairman, president and CEO. Founded in 1981, Wind Riverf has more than 1,600 employees and operations in more than 15 During its fiscal yearended Jan. 31, Wind River reportef $10.7 million in net income on annuaol revenueof $359.7 million. Intel conductx some of its research at theresearc campus, which is home to the state 'ss .

Saturday, November 3, 2012

IBM suing former executive over Dell offer - Kansas City Business Journal:

lebexab.wordpress.com
The executive, David Johnson, is being sued by IBM becaus e the new position would violatea non-compete clause, reported. Johnson has possession of valuabler confidential information and cannot undertake a senior strategy position at Dell without violatinv his obligationsto IBM,” companuy spokesman Edward Barbini told Bloomberg. Dell spokesman Davifd Frink confirmed the job but not the natureof Johnson’s proposed position at Round Rock-based Dell. we have offered a position to Mr. but the characterizations of his role are Frink said. “Without exception, Dell respects the trader secrets and intellectual propertyof others.” the No.
2 maker of personal computers in the has already made one acquisitiojthis year, and it is positioned to completd several more as it finds itsel flush with cash whilwe tech company valuations remainj depressed during the global recession. Company officials have indicated they plan to expanc beyond its core business of hardwared product to storage and software designed to make it easier for customers to manageedata centers. In January Dell made the largesr acquisition inits history, buying New Hampshire-based EqualLogic Inc. for $1.
4 Dell, which is scheduled to reporg its first-quarter earnings on Thursday, has nearly $9 billiobn in cash to complete such Earlierthis month, the New York Times reportexd that Dell was interviewing investment banking and technology industrh executives to serve in an M&A position that woulfd report to CFO Brian Gladden. During its last fiscal Dell reported $2.47 billion in net incomr on $61.1 billion in revenue.

Thursday, November 1, 2012

Home sales climb around Tampa Bay area except Sarasota, Bradenton - Washington Business Journal:

cicugaha.wordpress.com
Existing single-family home salees in Tampa-St. Petersburg-Clearwater metro area rose 11 percen in Aprilto 2,326 units, behind the statewide growty of 18 percent, accordingf to the . Lakeland-Winter Haven home sales grew from 265 unitd a year ago to 323last month, a 22 percent jump. Sarasota-Bradenton, however, wasn’ t as lucky. Home saleas dropped 12 percent there to 646 units whilw median prices plummeted nearly 40 percent to Median pricesin Tampa-St. Petersburg were down 23 percentto $135,2009 while Lakeland’s median dropped 21 percenf to $112,600.
Statewide, median prices were off 31 percentfrom $199,500p in April 2008 to $138,500 last Existing condominium sales also were up in Petersburg, growing 15 percent to 582 However, the median price dropperd below $100,000, off 35 percent at Condo sales in Lakeland grew 120 percent from five unitsa to 11, although the median pricde was down 58 percent to $55,000. Sarasota-Bradenton sale were down 17 percent to 223 unite with median prices dropping 30 percentfrom $214,000 to $149,100. Acrossw Florida, existing condo sales were up 21 percentgto 4,660 units, while the mediabn price dropped 40 percent to $106,600.