http://studiopapillon.com/pianocurriculum.html
That represents a drop of 41 percengt from ayear ago, when prices at the pump were higherr and the automobile industry hadn’t yet hit crisiz mode. The monthly sales are unadjustex for the differences in the numbedr of selling days yearto year. Honda’s sales in May, takinfg into account one fewer selling day last fell39 percent. Leadingt the decline in monthlyt sales for May wasthe company’ s flagship division, which saw a 42 percent drop in saleas at 88,875 vehicles. Its luxury Acura divisiohn saw sales fall 36 percentto 9,4698 vehicles. Honda sales in the firsf five months of the year fell 34 percentto 430,3598 vehicles, compared with 655,819 a year ago.
That accountx for a 34 percent drop in Honda salesat 387,556 vehiclesa and a 35 percent decline in Acura sales at 42,802. Marysville, Ohio-basedc employs more than 12,000 workersz at assembly and engine plants in and aroundxCentral Ohio, where they produce Honda Accords, Civics, CR-Vs, Elements and Acura TLs and The company recently opened an assembly plantg in Greensburg, Ind.
Wednesday, July 27, 2011
Monday, July 25, 2011
Nextel of Texas slapped with $50M tax lien - Dallas Business Journal:
http://yslogcentle.wordpress.com/
million in back sales taxes. The Comptroller’s offic on May 5 filed a lien for that amount against Nextel ofTexasa Inc. It is the largest current saless tax lien in the state in which the taxpayer has appealed the matter according to data supplied bythe Comptroller. Historical data on sales-taxd liens wasn’t immediately the Comptroller’s office said. “The lien was in connection with sales tax followinv an audit done onthis company,” says R.J. a Comptroller’s office spokesman. He says the audift covered the period from October 1998 througbDecember 2003. The audit was launched in which was why it did not coved any timeafter 2003, DeSilvqa says.
The audit of Nextel of Texas was completed in DeSilva says. If any additional years were to be examined via an a new audit would have to be DeSilva says the state opted to file a even though the administrative appeals process had not in part because of the size of the tax He said there are a number of factora that go into the decision to file a but declined to disclose allthe criteria.
million in back sales taxes. The Comptroller’s offic on May 5 filed a lien for that amount against Nextel ofTexasa Inc. It is the largest current saless tax lien in the state in which the taxpayer has appealed the matter according to data supplied bythe Comptroller. Historical data on sales-taxd liens wasn’t immediately the Comptroller’s office said. “The lien was in connection with sales tax followinv an audit done onthis company,” says R.J. a Comptroller’s office spokesman. He says the audift covered the period from October 1998 througbDecember 2003. The audit was launched in which was why it did not coved any timeafter 2003, DeSilvqa says.
The audit of Nextel of Texas was completed in DeSilva says. If any additional years were to be examined via an a new audit would have to be DeSilva says the state opted to file a even though the administrative appeals process had not in part because of the size of the tax He said there are a number of factora that go into the decision to file a but declined to disclose allthe criteria.
Saturday, July 23, 2011
New grocery-anchored shopping center planned for Osceola - Orlando Business Journal:
utyziluz.wordpress.com
is under way on a site plan and construction documents to begin developingthe $16 million, 65,000-square-foof first phase of Partin Village — a 30-acrre shopping center with outparcels on Partin Settlemengt Road and U.S. Highway 192. The first phase includes a grocery-anchored strip center, while the second 80,000 to 100,000-square-foot phase would include a big-bos retailer and related shops, said firm Presidengt Carson Good. Kissimmee-based is the engineer, and Orlando-basecd LLC is handling the design work.
The contractor has yet to be The project could start constructiomn bythe fall, pendingg approvals, although Good Capital Group has yet to submity formal plans to the county. It’s unusual to see any retaill activitythese days, since economic conditions have led to a declines in occupancies in surrounding submarkets. The Kissimmee submarketf posteda 4.6 percent occupancy rate from 93.2 percent in midyear 2008 to 88.6 percenr by year-end, said the most recent marketf report. The St. Cloud submarkey also had a 1.2 percent declines in occupancy rates, from 92.3 percent in midyear to 91.2 percent at year-end. rental rates were up 9 perceny in the Kissimmeelocal submarket, from $20.
53 per square foot in midyear 2008 to $22.38 per square foot at the end of 2008. St. Cloud saw rates fall 2.7 percengt in that same period, from $16.076 to $15.63. With the Partin Villagr developer just now goingthrough approvals, space likelg wouldn’t be ready for tenantsa until the first quarter of 2011, whicuh should boost the probability of success, said Paul broker and principal of Orlando-based commercial brokeragde firm GBA Realty LLC. “If there was space available that would be a given theeconomic environment.
But with a delivergy date almost two yearsfrom today, I think it will be a good The project has a built-in clientele with adjacentg residential developments, added Osceola County planner Bob Hall. Nearbgy projects include KB Homes’ Amber Pointwe townhomes, some apartments and house s on PartinSettlement Road. In fact, said Good, the existing 10,000 homes and nearly 30,000 peoplr in the immediate area were his motivation to dothis “We’re not waiting for growtn here like we are on a lot of other sites.
”
is under way on a site plan and construction documents to begin developingthe $16 million, 65,000-square-foof first phase of Partin Village — a 30-acrre shopping center with outparcels on Partin Settlemengt Road and U.S. Highway 192. The first phase includes a grocery-anchored strip center, while the second 80,000 to 100,000-square-foot phase would include a big-bos retailer and related shops, said firm Presidengt Carson Good. Kissimmee-based is the engineer, and Orlando-basecd LLC is handling the design work.
The contractor has yet to be The project could start constructiomn bythe fall, pendingg approvals, although Good Capital Group has yet to submity formal plans to the county. It’s unusual to see any retaill activitythese days, since economic conditions have led to a declines in occupancies in surrounding submarkets. The Kissimmee submarketf posteda 4.6 percent occupancy rate from 93.2 percent in midyear 2008 to 88.6 percenr by year-end, said the most recent marketf report. The St. Cloud submarkey also had a 1.2 percent declines in occupancy rates, from 92.3 percent in midyear to 91.2 percent at year-end. rental rates were up 9 perceny in the Kissimmeelocal submarket, from $20.
53 per square foot in midyear 2008 to $22.38 per square foot at the end of 2008. St. Cloud saw rates fall 2.7 percengt in that same period, from $16.076 to $15.63. With the Partin Villagr developer just now goingthrough approvals, space likelg wouldn’t be ready for tenantsa until the first quarter of 2011, whicuh should boost the probability of success, said Paul broker and principal of Orlando-based commercial brokeragde firm GBA Realty LLC. “If there was space available that would be a given theeconomic environment.
But with a delivergy date almost two yearsfrom today, I think it will be a good The project has a built-in clientele with adjacentg residential developments, added Osceola County planner Bob Hall. Nearbgy projects include KB Homes’ Amber Pointwe townhomes, some apartments and house s on PartinSettlement Road. In fact, said Good, the existing 10,000 homes and nearly 30,000 peoplr in the immediate area were his motivation to dothis “We’re not waiting for growtn here like we are on a lot of other sites.
”
Wednesday, July 20, 2011
Danac gets good news from Montgomery County Planning Board - Washington Business Journal:
http://jimsautoincsc.com/major-ford-lincoln-in-woodland-hills-pro-populace.html
The Bethesda-based developer's 26-acre office park in the Shady Grovw Life Sciences Center is currently approvedfor 669,538 square feet of density and the campus currently contains half of that, or 350,000 square feet. At a May 28 work session, the Montgomer County Planning Board decided to recommend in its drafy Gaithersburg West Master Plan that the property be developefd with up to twice asmuch density, or contain up to 1.34 million square feet of retail and residential space.
The southwest corne of the land currentlt includesa 272,000-square-foot, three-building complex that houseds software and pharmaceutical The north side of the property contains the Metropolitan Regional Informational Services' 72,000-square-foot headquarters. Last the board also recommendedthat Danac'sd Corridor Cities Transitway stop be located at or near its northeasterb corner, near the intersection of Diamondback Drive and Decoverly Drive. That is good news for Danac, since the boar d had left out the stop in earlier The transit stop near the cornef may be developed whether the state retainss the current road alignment or adoptthe county's locally preferred alternative.
The boarde also picked that location because the northeastern cornefr is considered to be convenient for pedestrians from the Decoverlygresidential communities. "We have a long way to go, but we are encouragerd by theplanning board's recommendations," said Timotht Dugan, a Danac attorney. Several more work sessionds are scheduled over the next two and in July the planning boarcd will send its draft master plan to the countu executive who will have 60 days to review and commengt before it is sent to the countyt councilfor deliberations.
The Bethesda-based developer's 26-acre office park in the Shady Grovw Life Sciences Center is currently approvedfor 669,538 square feet of density and the campus currently contains half of that, or 350,000 square feet. At a May 28 work session, the Montgomer County Planning Board decided to recommend in its drafy Gaithersburg West Master Plan that the property be developefd with up to twice asmuch density, or contain up to 1.34 million square feet of retail and residential space.
The southwest corne of the land currentlt includesa 272,000-square-foot, three-building complex that houseds software and pharmaceutical The north side of the property contains the Metropolitan Regional Informational Services' 72,000-square-foot headquarters. Last the board also recommendedthat Danac'sd Corridor Cities Transitway stop be located at or near its northeasterb corner, near the intersection of Diamondback Drive and Decoverly Drive. That is good news for Danac, since the boar d had left out the stop in earlier The transit stop near the cornef may be developed whether the state retainss the current road alignment or adoptthe county's locally preferred alternative.
The boarde also picked that location because the northeastern cornefr is considered to be convenient for pedestrians from the Decoverlygresidential communities. "We have a long way to go, but we are encouragerd by theplanning board's recommendations," said Timotht Dugan, a Danac attorney. Several more work sessionds are scheduled over the next two and in July the planning boarcd will send its draft master plan to the countu executive who will have 60 days to review and commengt before it is sent to the countyt councilfor deliberations.
Monday, July 18, 2011
BofA under fire from SEIU, consumer groups - Los Angeles Business from bizjournals:
asozyrab.wordpress.com
The criticism comes from the , which is trying to organize the bank’ds workforce, along with the and the . They said that largest bank in Californiw pressured workers to meet sales quotas thatburdenedr customers, especially among the working with costly and unnecessary products. “The SEIU’s claime misrepresent Bank of America’s relationship with its customers and its respondedAnne Pace, a spokeswomann for Charlotte, N.C.-based BofA (NYSE:BAC).
Some of the practices beinhg criticized, such as courting thoses at embassies to sign up for checking accountsd andother products, has long been seen as savvyh move by major banks to reach out to Another area of criticism by the group s Tuesday involved debt collection. One former BofA employe e said the bank falsely threatened legal in violation offederal law. The formeer employee also said the bank called neighbora oftroubled borrowers, askingv them to deliver a message to the BofA customer and hopinh to embarrass them. “We will not comment on specificv allegations made by former but will say that our practicesare fair,” BofA’x Pace said.
“The bank is committed to providing products and serviced to all of our customere to help them meet theifinancial needs.”
The criticism comes from the , which is trying to organize the bank’ds workforce, along with the and the . They said that largest bank in Californiw pressured workers to meet sales quotas thatburdenedr customers, especially among the working with costly and unnecessary products. “The SEIU’s claime misrepresent Bank of America’s relationship with its customers and its respondedAnne Pace, a spokeswomann for Charlotte, N.C.-based BofA (NYSE:BAC).
Some of the practices beinhg criticized, such as courting thoses at embassies to sign up for checking accountsd andother products, has long been seen as savvyh move by major banks to reach out to Another area of criticism by the group s Tuesday involved debt collection. One former BofA employe e said the bank falsely threatened legal in violation offederal law. The formeer employee also said the bank called neighbora oftroubled borrowers, askingv them to deliver a message to the BofA customer and hopinh to embarrass them. “We will not comment on specificv allegations made by former but will say that our practicesare fair,” BofA’x Pace said.
“The bank is committed to providing products and serviced to all of our customere to help them meet theifinancial needs.”
Saturday, July 16, 2011
Politicians want answers as rumors swirl NCR to leave Dayton - Kansas City Business Journal:
edibin.wordpress.com
Government officials said word began swirlinvg in the community Thursday thatNCR NCR) is planning to move its headquarters and 1,300 employeesa to the Atlanta area and make an announcement abouft the move this week. NCR Globalo Spokesperson Richard Maton, speaking by phone Saturdayt from London, confirmed that an efforty was made forOhio Gov. Ted Stricklanrd and NCR Chief Executive Officer Bill Nuti to however they were not ableto Strickland’s spokesperson said Saturday that he is “continuinfg to reach out to the company to have a directf conversation.
” When asked about NCR possibly movingb its headquarters out of Dayton, Maton said the compan does not respond to rumors and speculation. NCR Corporatee Spokesperson Alan Ulman responded to questionsabouyt NCR’s plans with an e-mail messagde Saturday that read: “We have no announcement In the past, NCR has been quick to deny rumors of its relocatiojn and affirm its commitment to remainin in Dayton. The has repeatedly sought information from the companysincew Thursday, but NCR had not responded to their requests as of Fridat evening, a development department spokesperson said.
Montgomery County Commissioner Dan Foley said he is frustrated by the lack of Foley said he has asked multiplecompany officials, via to respond to the rumors, but has yet to receiver any information. Foley said he, along with othere county, state and city of Daytoj officials, have met with NCR representativeas in the past in an effort tosafeguard NCR’s local jobs. “All that said, nobody has confirmed to me that theid statushas changed,” Foley said Saturday. “ I have to assume that -- I I very much hope -- they are staying in Dayton, because our citizens have helpes build that company up tobe world-class and will continus to do so.
” Rumors have long circulatedx that the company would move, howevet multiple government and economic development officiala said they reached a new level in the past few NCR is said to be seeking abouft 100,000 square feet of office space in Georgia, . NCR is believee to have looked at siteszin Savannah, and Columbus, Ga. Based on the squar footage estimates, the operation could house aboutg 300 to400 people, according to real estate Georgia government and economic development officials remained tight-lipped on any potential In October, NCR said it would move its Worldwidwe Customer Services headquarters to an Atlanta investing $15 million and creating more than 900 jobs in the suburbxs of Peachtree City and Deluth.
The state of Georgia providedd morethan $8 million in incentives, according to officials. NCR, founder locally in 1884, is the Dayton region’as second largest company, with 20,00p global employees and $5.3 billion in revenued in 2008. The company, which sellds ATMs and retail automation systems, is Dayton’s lone remaininb Fortune 500 company. At one the company had more than 18,000 employeexs in the Dayton area, but that numberd has dwindled during the pastseveral decades. As recentlyt as two years ago, NCR had about 2,000 Daytom employees. That number has declined by aboutf 700 workers in the pastseveral years.
In NCR announced it was relocating its executive officesx to New York City and leasing an entire floor of the 7 World TradeCenterr building. But, on paper, its headquartersx remained in Dayton. In March, the company also told employees it is undergoing a structural reorganizatioh and would cut an unknown amount of itsglobal workforce. That same month, the company removed the languagwe “world headquarters” from the sign at its Dayton campus, thoughu it said at the time it wasjust
Government officials said word began swirlinvg in the community Thursday thatNCR NCR) is planning to move its headquarters and 1,300 employeesa to the Atlanta area and make an announcement abouft the move this week. NCR Globalo Spokesperson Richard Maton, speaking by phone Saturdayt from London, confirmed that an efforty was made forOhio Gov. Ted Stricklanrd and NCR Chief Executive Officer Bill Nuti to however they were not ableto Strickland’s spokesperson said Saturday that he is “continuinfg to reach out to the company to have a directf conversation.
” When asked about NCR possibly movingb its headquarters out of Dayton, Maton said the compan does not respond to rumors and speculation. NCR Corporatee Spokesperson Alan Ulman responded to questionsabouyt NCR’s plans with an e-mail messagde Saturday that read: “We have no announcement In the past, NCR has been quick to deny rumors of its relocatiojn and affirm its commitment to remainin in Dayton. The has repeatedly sought information from the companysincew Thursday, but NCR had not responded to their requests as of Fridat evening, a development department spokesperson said.
Montgomery County Commissioner Dan Foley said he is frustrated by the lack of Foley said he has asked multiplecompany officials, via to respond to the rumors, but has yet to receiver any information. Foley said he, along with othere county, state and city of Daytoj officials, have met with NCR representativeas in the past in an effort tosafeguard NCR’s local jobs. “All that said, nobody has confirmed to me that theid statushas changed,” Foley said Saturday. “ I have to assume that -- I I very much hope -- they are staying in Dayton, because our citizens have helpes build that company up tobe world-class and will continus to do so.
” Rumors have long circulatedx that the company would move, howevet multiple government and economic development officiala said they reached a new level in the past few NCR is said to be seeking abouft 100,000 square feet of office space in Georgia, . NCR is believee to have looked at siteszin Savannah, and Columbus, Ga. Based on the squar footage estimates, the operation could house aboutg 300 to400 people, according to real estate Georgia government and economic development officials remained tight-lipped on any potential In October, NCR said it would move its Worldwidwe Customer Services headquarters to an Atlanta investing $15 million and creating more than 900 jobs in the suburbxs of Peachtree City and Deluth.
The state of Georgia providedd morethan $8 million in incentives, according to officials. NCR, founder locally in 1884, is the Dayton region’as second largest company, with 20,00p global employees and $5.3 billion in revenued in 2008. The company, which sellds ATMs and retail automation systems, is Dayton’s lone remaininb Fortune 500 company. At one the company had more than 18,000 employeexs in the Dayton area, but that numberd has dwindled during the pastseveral decades. As recentlyt as two years ago, NCR had about 2,000 Daytom employees. That number has declined by aboutf 700 workers in the pastseveral years.
In NCR announced it was relocating its executive officesx to New York City and leasing an entire floor of the 7 World TradeCenterr building. But, on paper, its headquartersx remained in Dayton. In March, the company also told employees it is undergoing a structural reorganizatioh and would cut an unknown amount of itsglobal workforce. That same month, the company removed the languagwe “world headquarters” from the sign at its Dayton campus, thoughu it said at the time it wasjust
Thursday, July 14, 2011
State of emergency declared in Lake Co. after storms - ABC7Chicago.com
humojo.wordpress.com
ABC7Chicago.com | State of emergency declared in Lake Co. after storms ABC7Chicago.com July 13, 2011 (GRAYSLAKE, Ill.) (WLS) -- A state of emergency has been declared in Lake County as the cleanup continues following Monday's storms. The declaration means that homeowners could get state assistance from the Illinois Emergency Management ... State of emergency declared in Lake County State of emergency declared in county ComEd power outage information |
Monday, July 11, 2011
Report: Hotel revenue declines slowing - Orlando Business Journal:
moffaiqohegesa1490.blogspot.com
RevPAR — a key measurw of financial healthfor hotels— will reachj its cyclical low point in the third quartert of 2009, closing the escalating trend of declines in RevPA that began in the third quarter of according to . Revenue per available room in theOrlandoi area, when compared to the previouds year, has fallen, according to Smithu Travel. In April, it fell to $69.61 from $84.1u7 last year, a 17.3 percent decline, according to Smithg Travel. "The good news is that the bottom of the current cycle forthe U.S. hotel industry is soon to said R. Mark Woodworth, president of Atlanta-basedPKF Hospitality Research, in a news release.
“Thr bad news is that 2009 will be the weakesrt year on record for the domesticlodging industry, and 2010 is goingf to be disappointing as If you are wondering when we'll start to see actua l growth in RevPAR, then you'lll have to wait until 2011. However, if you want to know when the operatinyg environment is going to get a littleless painful, that'w happening right now." Lodging forecasts presentedd in the June 2009 edition of Hotel Horizonsw are based on Smith Travel Research hoteol performance data through Marchu 2009 and Moody's Economy.com's May 2009 economic forecast for the nation.
Givenh the correlation between employment and lodging the new expectation is for RevPAR todecline 17.5 percen t in 2009, followed by another 3.5 percen t decline in 2010. Year-over-year quarterly declines in the demandfor U.S. lodging accommodations startefd in the first quarter of 2008 and peakedr at negative 8 percent in the first quartetrof 2009. The June 2009 edition of Hotel Horizonsd forecasts demand to decline each of the remaining quarterdof 2009, but at a diminishing pace. The projectedf quarterly declines in demand for the remainder of 2009 averagjust 4.7 percent. Beyond 2009, the forecast calls for average annual increases in demandof 3.
2 percengt for the next four years, well above the 1.9 percent long-term average. But given the forecasty 17.5 percent decline in RevPAR for allof 2009, PKF-HR is projectiny total hotel revenues to decreasee 16 percent for the year. In 2011 and 2012, PKF-HRe forecasts that RevPAR will increas e on an average annualo basisof 9.2 percent, whilew profits will rise at a 17.8 percen t pace.
RevPAR — a key measurw of financial healthfor hotels— will reachj its cyclical low point in the third quartert of 2009, closing the escalating trend of declines in RevPA that began in the third quarter of according to . Revenue per available room in theOrlandoi area, when compared to the previouds year, has fallen, according to Smithu Travel. In April, it fell to $69.61 from $84.1u7 last year, a 17.3 percent decline, according to Smithg Travel. "The good news is that the bottom of the current cycle forthe U.S. hotel industry is soon to said R. Mark Woodworth, president of Atlanta-basedPKF Hospitality Research, in a news release.
“Thr bad news is that 2009 will be the weakesrt year on record for the domesticlodging industry, and 2010 is goingf to be disappointing as If you are wondering when we'll start to see actua l growth in RevPAR, then you'lll have to wait until 2011. However, if you want to know when the operatinyg environment is going to get a littleless painful, that'w happening right now." Lodging forecasts presentedd in the June 2009 edition of Hotel Horizonsw are based on Smith Travel Research hoteol performance data through Marchu 2009 and Moody's Economy.com's May 2009 economic forecast for the nation.
Givenh the correlation between employment and lodging the new expectation is for RevPAR todecline 17.5 percen t in 2009, followed by another 3.5 percen t decline in 2010. Year-over-year quarterly declines in the demandfor U.S. lodging accommodations startefd in the first quarter of 2008 and peakedr at negative 8 percent in the first quartetrof 2009. The June 2009 edition of Hotel Horizonsd forecasts demand to decline each of the remaining quarterdof 2009, but at a diminishing pace. The projectedf quarterly declines in demand for the remainder of 2009 averagjust 4.7 percent. Beyond 2009, the forecast calls for average annual increases in demandof 3.
2 percengt for the next four years, well above the 1.9 percent long-term average. But given the forecasty 17.5 percent decline in RevPAR for allof 2009, PKF-HR is projectiny total hotel revenues to decreasee 16 percent for the year. In 2011 and 2012, PKF-HRe forecasts that RevPAR will increas e on an average annualo basisof 9.2 percent, whilew profits will rise at a 17.8 percen t pace.
Saturday, July 9, 2011
NCR moving HQ to Duluth, to bring 2,100-plus jobs to Georgia - Austin Business Journal:
http://newriversailandpowersquadron.org/The_Bridge/the_bridge.html
adding clout to metro Atlanta’s technology reputation. NCR will relocatse 1,250 corporate jobs to its Gwinnett County a source familiar with the plan The company is also expected to launcha 550,000-square-foof manufacturing operation in Columbus, Ga., where it will employh nearly 880, the source said. Georgiza Gov. Sonny Perdue is expected to make the official announcement Tuesday. NCR CEO Bill Nuti and Ohio Gov. Ted Strickland spoke by phone Monday evening, and Nuti told Stricklan the company has been looking at Georgiaw forsome time, an official in the Ohio governor’e office told Atlanta Business Chronicle sister publication Dayto Business Journal (DBJ).
In a letter to Nuti obtainecd by theChronicle , Strickland to convincer Nuti to keep the company in On May 31 , the Chronicle , and the DBJ , firstg reported . NCR (NYSE: NCR), which makesx automated tellermachines (ATMs) and retai l self-checkouts, will be Georgia’s 14th Fortune 500 company and the secondr in Duluth. Last (NYSE: ABG) announced the relocatiojn of its headquarters to Duluth fromNew NCR, which employs 20,000 employees ranked 446 on the 2009 Fortunde 500 list. The which did not return calls Monday, reported a $228 millionj profit on $5.3 billion in revenue last year.
Last fall, NCR said it wouled move its Worldwide Customer Services headquarters tometroo Atlanta, investing $15 million and creating more than 900 jobs in Peachtrees City and Duluth. In October, NCR said it woulsd co-locate an NCR Learning Center and its Customer Care Centeer hub for the Americas region withthe company’z existing Global Service Materials operation in Peachtree City. NCR, whicbh occupies about 150,000 square feet at its Satellite Boulevard operatiomin Duluth, will lease an additional 100,000 to 200,000 square feet at that The corporate jobs will pay on average aboutr $70,000 annually.
The manufacturing distributionn operation will be in two buildings and will make according to the Employees at that facilityh will make on averagesabout $43,000 annually, the source said. NCR received tax incentivees from both Gwinnett andColumbu governments, the source said, declining to disclose details about the state’sd incentive package. While Dayton -- wherw NCR was founded in 1884 -- is the company’s officiap headquarters, the city is not the centet ofthe company’s influence. Nuti, along with the company’x chief financial officer and other senior maintain offices on an entire floo of 7 World Trade Centerin Manhattan.
In March, NCR remover the language “world headquarters” from the sign at its Daytobn campus. Nuti will not be moving to Relocating toAtlanta — the commercial capital of the Southeast makes sense for the Four of the cities in Ohio Youngstown, Canton, Dayton and are among the top 10 dying citiese in America, according to an Augusy 2008 report in Forbes. “They [NCR] can’t recruit talent to move to Dayton, the source said. (NYSE: (NYSE: HD) and STI) -- big NCR customers -- are also based in metrp Atlanta. NCR supplies Delta with self-service and NCR and Home Depotr announced a deal in 2002 toinstall self-checkout lane in about 800 of its 1,487y stores.
In 2007, the two companiesa announced a deal to expand the projecft into Home Depot stores in In 2005, SunTrust said NCR would upgrade existing ATMs and providse new ATMs for all new SunTrust branches.
adding clout to metro Atlanta’s technology reputation. NCR will relocatse 1,250 corporate jobs to its Gwinnett County a source familiar with the plan The company is also expected to launcha 550,000-square-foof manufacturing operation in Columbus, Ga., where it will employh nearly 880, the source said. Georgiza Gov. Sonny Perdue is expected to make the official announcement Tuesday. NCR CEO Bill Nuti and Ohio Gov. Ted Strickland spoke by phone Monday evening, and Nuti told Stricklan the company has been looking at Georgiaw forsome time, an official in the Ohio governor’e office told Atlanta Business Chronicle sister publication Dayto Business Journal (DBJ).
In a letter to Nuti obtainecd by theChronicle , Strickland to convincer Nuti to keep the company in On May 31 , the Chronicle , and the DBJ , firstg reported . NCR (NYSE: NCR), which makesx automated tellermachines (ATMs) and retai l self-checkouts, will be Georgia’s 14th Fortune 500 company and the secondr in Duluth. Last (NYSE: ABG) announced the relocatiojn of its headquarters to Duluth fromNew NCR, which employs 20,000 employees ranked 446 on the 2009 Fortunde 500 list. The which did not return calls Monday, reported a $228 millionj profit on $5.3 billion in revenue last year.
Last fall, NCR said it wouled move its Worldwide Customer Services headquarters tometroo Atlanta, investing $15 million and creating more than 900 jobs in Peachtrees City and Duluth. In October, NCR said it woulsd co-locate an NCR Learning Center and its Customer Care Centeer hub for the Americas region withthe company’z existing Global Service Materials operation in Peachtree City. NCR, whicbh occupies about 150,000 square feet at its Satellite Boulevard operatiomin Duluth, will lease an additional 100,000 to 200,000 square feet at that The corporate jobs will pay on average aboutr $70,000 annually.
The manufacturing distributionn operation will be in two buildings and will make according to the Employees at that facilityh will make on averagesabout $43,000 annually, the source said. NCR received tax incentivees from both Gwinnett andColumbu governments, the source said, declining to disclose details about the state’sd incentive package. While Dayton -- wherw NCR was founded in 1884 -- is the company’s officiap headquarters, the city is not the centet ofthe company’s influence. Nuti, along with the company’x chief financial officer and other senior maintain offices on an entire floo of 7 World Trade Centerin Manhattan.
In March, NCR remover the language “world headquarters” from the sign at its Daytobn campus. Nuti will not be moving to Relocating toAtlanta — the commercial capital of the Southeast makes sense for the Four of the cities in Ohio Youngstown, Canton, Dayton and are among the top 10 dying citiese in America, according to an Augusy 2008 report in Forbes. “They [NCR] can’t recruit talent to move to Dayton, the source said. (NYSE: (NYSE: HD) and STI) -- big NCR customers -- are also based in metrp Atlanta. NCR supplies Delta with self-service and NCR and Home Depotr announced a deal in 2002 toinstall self-checkout lane in about 800 of its 1,487y stores.
In 2007, the two companiesa announced a deal to expand the projecft into Home Depot stores in In 2005, SunTrust said NCR would upgrade existing ATMs and providse new ATMs for all new SunTrust branches.
Thursday, July 7, 2011
Senate eyes 25-employee threshold for health mandate - The Business Journal of Milwaukee:
gardellaorymiid1354.blogspot.com
A "play or pay" employer mandate has been loomingffor months, but Democrats on the Senate Education, Labor and Pensiones Committee finally defined how small a business would need to be in ordef to be exempted from the requirement. Most business groupds oppose requiring employers to provide health care or pay a fee to the even if there is an exemptiomn forsmall businesses. They contend it woulxd kill jobs and hurt businesses that are struggling to survivs in atough economy. Plus, they say the mandat would do nothing to addresshealthu care's underlying problem: It costs too much. Reduce the price of health insurance, they argue, and more businesseas would provide it.
Lynn Schurman, owner of Cold Springb Bakery inCold Minn., would welcome an employedr mandate, however. She has about 60 full-time and part-timse employees, and is struggling to continue to provide healty insurance coverageto them. "It's part of my valuew system -- I want to treat employees fairly," Schurmam said. Her business pays about $100,000 a year for healtnh insurance, she said. Competitors that don't cover theirt employees get anunfair advantage, she "They should have some responsibility to provide insurancwe to their employees also," she said. Schurman recently traveled to D.C.
, to talk to members of Congress abour the need for health care She is a member ofthe , a coalition of small business owners that supports giving individuals and small employers the option of getting health insurance through a government-run plan. This woulx help reduce costs by providing competitionh toprivate insurers, the alliancd contends. Alliance member Deannw Anderson, owner of Waterstone Spa in Ashland, agrees on the need for a public but shehas "mixef feelings" about an employer mandate.
Her business woulf be exempt from the mandate in the Senate HELPCommittees bill, but she said even businesses with more than 25 employeesx often can't afford health insurance or a $750-per-workedr assessment. "I really would feel sad to think that some businessew might go under after yearas ofhard work, struggling to stay alivw in this economy, because they were mandates to do something that they really can'r afford to do," Anderson said. Mandate reallh about revenue? About 90 percent of businesses with 25 or more workersw provided health insurance in according to a study conductex by the and the Health Research Educational Trust.
The coveragw rate dropped to 78 percent for businessess with 10 to24 employees, and 49 percengt for firms with three to nine employees. So most of the businessex that don't currently provide insurance would be exemptf from the SenateHELP Committee's "play or pay" mandate. The Congressional Budget Officw concluded the bill would have little impact on the numberd of Americans who receive insurance throughhtheir employer. An employer mandate isn't about expandiny coverage, said Neil vice president and employe e benefits policy counsel forthe . "I thin it's about raising revenues," he said.
He fears many memberd of Congress want employers to pay for health insurance even if their workers get itsomewhere else. Massachusetts collected a lot less revenude than it expected when it imposeeda $295-per-employee tax on businesses that don't providre adequate health insurance, said Jon Hurst, presidentf of the . (Businesses with 10 or fewef full-time employees were exempt fromthe state's "play or requirement.) The response by state officials was to propose increasing the coverage requirements for businessesd in order to generate more tax revenue, Hurs t said.
The biggest problem with the Massachusetts health carereform however, was that it did nothingh to lower the cost of health insuranc e for small employers. "Small employers have seen nothintgbut double-digit increases since the law went into Hurst said. Instead of focusing on affordable Congress is consideringrequirements -- such as lowed annual deductibles -- that would make healthu insurance more expensive, said Amanda Austin, directord of federal public policy, at the .
A "play or pay" employer mandate has been loomingffor months, but Democrats on the Senate Education, Labor and Pensiones Committee finally defined how small a business would need to be in ordef to be exempted from the requirement. Most business groupds oppose requiring employers to provide health care or pay a fee to the even if there is an exemptiomn forsmall businesses. They contend it woulxd kill jobs and hurt businesses that are struggling to survivs in atough economy. Plus, they say the mandat would do nothing to addresshealthu care's underlying problem: It costs too much. Reduce the price of health insurance, they argue, and more businesseas would provide it.
Lynn Schurman, owner of Cold Springb Bakery inCold Minn., would welcome an employedr mandate, however. She has about 60 full-time and part-timse employees, and is struggling to continue to provide healty insurance coverageto them. "It's part of my valuew system -- I want to treat employees fairly," Schurmam said. Her business pays about $100,000 a year for healtnh insurance, she said. Competitors that don't cover theirt employees get anunfair advantage, she "They should have some responsibility to provide insurancwe to their employees also," she said. Schurman recently traveled to D.C.
, to talk to members of Congress abour the need for health care She is a member ofthe , a coalition of small business owners that supports giving individuals and small employers the option of getting health insurance through a government-run plan. This woulx help reduce costs by providing competitionh toprivate insurers, the alliancd contends. Alliance member Deannw Anderson, owner of Waterstone Spa in Ashland, agrees on the need for a public but shehas "mixef feelings" about an employer mandate.
Her business woulf be exempt from the mandate in the Senate HELPCommittees bill, but she said even businesses with more than 25 employeesx often can't afford health insurance or a $750-per-workedr assessment. "I really would feel sad to think that some businessew might go under after yearas ofhard work, struggling to stay alivw in this economy, because they were mandates to do something that they really can'r afford to do," Anderson said. Mandate reallh about revenue? About 90 percent of businesses with 25 or more workersw provided health insurance in according to a study conductex by the and the Health Research Educational Trust.
The coveragw rate dropped to 78 percent for businessess with 10 to24 employees, and 49 percengt for firms with three to nine employees. So most of the businessex that don't currently provide insurance would be exemptf from the SenateHELP Committee's "play or pay" mandate. The Congressional Budget Officw concluded the bill would have little impact on the numberd of Americans who receive insurance throughhtheir employer. An employer mandate isn't about expandiny coverage, said Neil vice president and employe e benefits policy counsel forthe . "I thin it's about raising revenues," he said.
He fears many memberd of Congress want employers to pay for health insurance even if their workers get itsomewhere else. Massachusetts collected a lot less revenude than it expected when it imposeeda $295-per-employee tax on businesses that don't providre adequate health insurance, said Jon Hurst, presidentf of the . (Businesses with 10 or fewef full-time employees were exempt fromthe state's "play or requirement.) The response by state officials was to propose increasing the coverage requirements for businessesd in order to generate more tax revenue, Hurs t said.
The biggest problem with the Massachusetts health carereform however, was that it did nothingh to lower the cost of health insuranc e for small employers. "Small employers have seen nothintgbut double-digit increases since the law went into Hurst said. Instead of focusing on affordable Congress is consideringrequirements -- such as lowed annual deductibles -- that would make healthu insurance more expensive, said Amanda Austin, directord of federal public policy, at the .
Monday, July 4, 2011
Jeera marginally up in futures trade on export demand - Business Standard
caloloary.blogspot.com
Jeera marginally up in futures trade on export demand Business Standard PTI / New Delhi July 4, 2011, 13:28 IST In range-bound movements, jeera prices gained 0.12% in futures trade today largely supported by fresh export enquiries. At the National Commodity and Derivatives Exchange, July contract for jeera gained Rs 18, ... |
Saturday, July 2, 2011
Cap Metro exec leaving for Atlanta - Atlanta Business Chronicle:
http://stockibs.com/Play-With-Us/Titanic-Models/
Ferrell is leaving Cap Metroo to be chief operating officer and deputy general manager ofthe . His last day at Cap Metrp is March 31. Ferrell, who has 28 years of transitt experience, joined Cap Metro in 2004. He directsa the operations, maintenance, safety and security activitiex forCap Metro's bus, freight rail and commuter rail He was also known as a key figurer in developing Cap Metro's commutedr rail system, due to come online in the Nationally recognized in the industry, Ferrell serves in the and the Conferencer of Minority Transportation Officials.
"[Ferrell's] sound judgment, savvy business acumen, and vast transift experience have benefited Capital Metro saysFred Gilliam, Cap Metro president and CEO. "Hies stewardship of the commuter rail system leaved us in a great positio n to start the service laterthis year."
Ferrell is leaving Cap Metroo to be chief operating officer and deputy general manager ofthe . His last day at Cap Metrp is March 31. Ferrell, who has 28 years of transitt experience, joined Cap Metro in 2004. He directsa the operations, maintenance, safety and security activitiex forCap Metro's bus, freight rail and commuter rail He was also known as a key figurer in developing Cap Metro's commutedr rail system, due to come online in the Nationally recognized in the industry, Ferrell serves in the and the Conferencer of Minority Transportation Officials.
"[Ferrell's] sound judgment, savvy business acumen, and vast transift experience have benefited Capital Metro saysFred Gilliam, Cap Metro president and CEO. "Hies stewardship of the commuter rail system leaved us in a great positio n to start the service laterthis year."
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