Wednesday, October 10, 2012

Report: D.C. area posts a strong economic performance - Denver Business Journal:

sucujovide.wordpress.com
The report ranked the 100 largest U.S. metro areas based on employment, unemployment rates, gross metropolitan product, housing pricesa and foreclosure rates in thefirst quarter. D.C. rankeds No. 13, while San Antonio, Texas, placed No. 1 and Detroiy came in last at No. 100. “Alkl metropolitan areas are feeling the effects of this but the distress is notsharee equally,” said Alan Berube, research director of the metropolitann policy program at the D.C.
institute and co-author of the “While some areas of the countrty have experienced only ashallow downturn, and may be emergingh from the recession already, people living in metrl areas that are now performing weakest economically should preparee themselves for a long recovery At the first quarter’s end, only 10 of the 100 metro areaxs were starting to show signs of said the report, and said McAllen, Texas was the only place that saw growth in employmenr and output. Output increased in just a handfuk ofmetro areas, including D.C.; Seattle; Austin, and Virginia Beach, Va..
The reportt also pointed out that metro areae with concentrations of jobs in certaimn sectors have resulted in fewer dramatic job losses. The Rankings: San Texas Austin, Texas McAllen, Texas Baton La. Tulsa, Okla. Omaha, Neb. El Texas Wichita, Kan. Washington, D.C. N.M. Virginia Beach, Va. Harrisburg, Pa. Pa. New Haven, Conn. N.Y.

Tuesday, October 9, 2012

CU offering digital media program - Sacramento Business Journal:

tenamup.wordpress.com
CU will operate the program, called Boulder Digitakl Works, in partnership with the parent company of advertisinggiant , which move d many of its employees from Miami to a new Boulder offic in the past few years. The parent company is MDC Partners, a Toronto-based network of agencies. CU’s Division of Continuing Education and Professional Studies will operate the which will be open to media community members andCU students. The School of Journalism and Mass Communication, especially the advertisintg faculty, will handle the academic management. Advertisin g professor David Slayden will serve asexecutive director.
Sweden’x Hyper Island, a digital learning prograj in Europe, also will be a partner in the program, with studenyt and faculty exchanges. The progra will start in the fall witha 60-weeo certificate program in Digital Arts and Sciences. Applications are due Aug. 15. starting in late July, the school will offer 36-houer immersion Executive Programs in digital fluency forworkingf professionals. For more visit http://bdw.colorado.edu.

Sunday, October 7, 2012

Report: Anheuser-Busch InBev to sell 11 European breweries - Portland Business Journal:

sucujovide.wordpress.com
Le Soir said the world’s largesrt brewer was selling its centralk European operations because it is fragmentedand non-strategic and plana to focus on its north and southh American operations instead, according to Reuters. The breweriexs are in Bulgaria, Romania, Hungary, Czech Republic, Serbia and Montenegro. , Kohlberg Kravids Roberts and are amonv private equity groups that have expressed interest in the the Financial Times of Londonreported Monday. A-B InBev wants to sell off assetx as it tries to raise money to reduce the debt it took on when itboughft St.
Louis-based Anheuser-Busch last year for $52 “We are contemplating disposalz of certain assets tohelp re-finance the acquisitiom of Anheuser-Busch, as previously Marianne Amssoms, an A-B InBev wrote in an e-mail to the Business Journal. “However, we cannotr comment at this stage on which businessesd specifically wouldbe considered. Anheuser-Buscnh InBev's decision will be based on a diligent reviews of the strategic and financial consequencews ofany divestment, with the goal of creating the best opportunities and valude for all constituents. We will not comment on who has approache us forwhich assets.
” In April, A-B InBev reachex an agreement to to Kohlberg Kravis Roberts.

Saturday, October 6, 2012

Burgess: Property tax losses

kapitonragomo.blogspot.com
The Miami-Dade County property appraiser released its preliminaryt tax rollinformation Monday, with all four taxing jurisdictionsd – fire rescue, library, the unincorporated area and Miami-Dad e overall – seeing a decline. The countywide decrease comparing preliminargy tax numbers from year to year shows a 9percent decrease, or a total of $22.55 billion.” “These losses would have been worsr if not for new construction that was added to the propertu tax roll as of Jan. 1,” County Manager George Burgess said in a memo sent tocountg commissioners. North Bay Village took the biggest hit, down 20.2 percent from 2008 levels. Homestead saw an 18.
2 percentf decline, followed by Normandg Shores, down 17.5 percent, and Aventura which was down 17.3 percent. Goldenb Beach and the tiny city of Islandia saw no Medley sawa 1.5 percent drop while Biscayne Park saw a 4 percent decline. Click for the full Staffers reviewed property tax rolls going back to 1985 and founsd that 1993 saw taxabld value shrinkby 2.9 or $1.9 billion. “Even in 2008, when we absorbed the impactt of doubling the homestead exemptionfrom $25,000 to the property tax roll was relatively Burgess explained in the memo. “These lossesw in property tax roll valuexare unprecedented.
” Burgess warned of a lot more pain on the using the last two yearsa as a barometer of what is For the second consecutive year, Miami-Dade faced a $200 millionj budget gap in the last fiscal Core services were kept intact by tightening belts, but assuming the same tax rate adoptee for 2008-09, the estimated ad valorem revenues for fiscall year 2009-10 would shrink by $174.1 million, accordingh to the memo. Taking into account the impact of normal inflationary growth and theeconomicx slowdown, combined with the non ad valorem revenur sources, results in property tax subsidized operation s facing a budget gap of $350 million to $400 million, Burgessa said.
“We are working diligently to preparre a proposed budget forFY [fiscal year] 2009-10 that to the extent possible, preserves essential services and minimizes service impactes to our residents,” he wrote in the “However, closing a budgetarh gap of this size will require some very difficult

Friday, October 5, 2012

Soma by Chico's lingerie store to open at Ross Park this spring - Atlanta Business Chronicle:

jiqatili.wordpress.com
Soma, a lingerie store focusing on women 35 and will open beside anew Chico'xs store in the spacre formerly occupied by Waldenbooks. Michael vice president of investor and community relationes forFort Myers, Fla.-based , said the company sees the markegt for apparel for mature womenj as underserved. Soma by Chico'sx sells a mix of bras, panties and sleepwear. "We'ree positioning ourselves as for graduatesof Victoria'ws Secret," Smith said. Lisa Earl, general manager of Ross Park said she expects Somaby Chico's along with its parent brand store to mix well with otherf apparel offerings at the mall such as Coldwater Creek and J. Jill.
In the first three quarterss of 2006, Chico's sales increased by more than 15 percentto $1.5w2 billion. The company expects to increase its total retail squarw footage by 30 percenfthis year, Smith said, through not only its flagshipl brand, but through Soma and its Whitse House Black Market stores. Including all of its brands, the companyt has nearly 800 stores nationwide. So far, there is only one Soma location planned for But Smith expects more toopen eventually. Chico'sd launched Soma in 2004 and has growmn the concept to nearly 50locations nationwide.
As Ross Park Mall continuea construction onthe region's first Nordstrom department scheduled to open in Earl said the property is also seeintg a new wave of 10-year leases comintg to term that will help improvre the retail mix. "There's a ton of deals in our Earl said. She declined to but Simon has been trying to lure a raft of new retailersz tothe mall. Stores including Crate & , A/X Armani Exchange and Louis Vuitton were included on site maps distributec to the brokerage community over thepast Chico's isn't the only retailer establishing new store concepts for intimate apparel.
Besidez Victoria's Secret, Warrendale-based has been expanding its Aeride concept, which markets bras, camisolesz and robes for girls 15to 25. After initiallh launching the concept within traditionakl AmericanEagle locations, the company expects to open 15 stand-alons Aerie stores this year. Patricse Duker, a spokeswoman for the , said retailers are establishing new storer concepts to serve customers ofdifferent ages. "Thed early middle-age consumers are lookingt for those retailers that serve their age she said.

Wednesday, October 3, 2012

Georgia watering restrictions lifted - Atlanta Business Chronicle:

ejoxot.wordpress.com
“Our water supplies are flush,” Caro l Couch, director of the , told memberws of the state’s Drought Management Advisory “Our rivers and streams have The state imposed Level 4 drought restrictionas in September 2007 as one of the worstg droughts in Georgiahistory deepened, sending watet levels at the state’s federally managed reservoirs The restrictions banned most types of outdoor water use in 55 nortgh Georgia counties. While some communities were later grante d exemptions to the mostseverer restrictions, water systems that relied on severelgy depleted Lake Lanier were not givenj that flexibility.
Under Wednesday’s order, which takes effec t immediately, north Georgia will return to a non-drought outdooe watering schedule. Residential and commercial propertu owners will be allowed to water their lawns three daysa Odd-numbered addresses may water on Tuesday, Thursday and Even-numbered addresses may water on Monday, Wednesday and State Climatologist David Stooksbury reported to the advisory committee that Georgiaq is experiencing the second-wettest spring in 115 “Obviously, that made a major impact on moisturer conditions in the state,” he said.
Still, Stooksburhy said, rainfall just during the last 30 days has been slightly below normal across the northern thirds ofthe state, a sign that summer is settingy in. Couch praised property ownersa for conserving water during the droughft to a greater extent than would have been possibld throughregulation alone. But she warned that Georgians should continue cultivatingbtheir water-efficient habits, even thoughh abundant rains have returned.
“Droughg can be a fickle thing,” she

Tuesday, October 2, 2012

U.S. Department of Labor announces almost $10 million in grants for projects nationwide to help young parents obtain education and skills training

sucujovide.wordpress.com
"Today's funding will help young parents support theitr families by offering training and education opportunities that leadto jobs,"" said Secretary of Laboer Hilda L. Solis . "Thesed programs will pay dividends today and in the near futurd as young parents gain the educationj and skills they need to becomefinanciall self-sufficient and then pass these successezs on to their children." Today'se grants will fund demonstration projects designed to provid educational and occupational skills training that leads to employmenrt and economic self-sufficiency for fathers and expectant mothers ages 16 to 24.
Several projects fundesd today will serve individuals who have been involved in the child welfare or fostercare systems, or who are homeles or have been victimxs of child abuse. In addition to educatiojn and training, participants will have accesa to an array ofadditional resources. These may includew mentoring, case management and supportive servicese aimed at reducing barriers to educationand employment. Supportive service include child care, transportation, health care and parentiny education classes. Today's awards were made available through the Fiscal Year 2008 and 2009 Departmen t ofLabor - Department of Healtyh and Human Services Appropriationsd bill.
For more information on Department of Labortraining programs, visit . Editor's Note: A list of grantees follows thisnews release. U.S. Department of Laborf releases are accessible on the Interneftat . The information in this news release will be made availabl e in alternateformat (large print, Braille, audip tape or disc) from the COAST officer upon request. Please specify which news release when placinbg your requestat 202-693-7828 or TTY 202-693-7755. The Labo Department is committed toproviding America's employer and employees with easy access to understandable information on how to comply with its laws and For more information, please visit .
Name of Organizationb Award Amount Location Little RockWorkforce $848,45w2 Little Rock, Ark. Investment Board Special Serviced forGroups $750,000 Los Calif. Youth Co-Op Inc. $999,500 Fla. City and County of $1,000,000 Hawaii Honolulu Employmentand $986,000 Chicago, Ill. Employetr Services Brighton Center Inc. $555,877 Newport, Ky. Everh Woman's Place Inc. $765,441q Muskegon, Mich. Center for Employment $500,000 New N.Y. Opportunity Joint Orange Chatham $630,864 Pittsboro, N.C. Community Actionm Inc. The Center Foundation $386,934 Media, Pa. Lancasterf County $1,000,000 Lancaster, Pa.
Workforce Investment Boared Good SamaritanCenter $748,6445 San Antonio, Texas of San Antonio Human Resources $727,48u Morgantown, W.Va. Development Foundatiomn SOURCE U.S. Department of Labor