moakhamet84.blogspot.com
According to its Web site, the magazine's missiojn is to provide corporats boardroom’s and governance committee s with the best intelligence onthe U.S. business Texas nabbed the No. 1 spot due to its abilith to attract Fortune500 companies, its solid affordable cost of living and its pro-business tax The magazine names major corporatw relocations and expansions—such as ’s move from Detroi to Dallas and Caterpillar's decision to builcd a new assembly plant in Seguin—among the reasons for Texas' ranking. Directorship evaluatecd all 50 states on theifoverall economy, tax climate, cost of living and education.
Texass "has a pro-business tax climatwe that ranks third, a low cost of living, a relatively solix economy, and a litigation environment that ranks 10th on our themagazine reported. "Texas also ranks first in the number of Fortunse 500 companieslocated there." Gov. Rick Perrty boasted about the surveyresults “Our commitment to low taxes, predictable and a fair tort system are setting an example for the natiojn and creating a magnetic forces for the businesses and jobs that are vital to maintainingg Texas’ competitive advantage in the global Perry said.
Wednesday, February 29, 2012
Monday, February 27, 2012
Efficiency drives funding for Dayforce - Triangle Business Journal:
http://alphastore.org/Merchant2/merchant.mvc?Screen=PROD&Store_Code=med&Product_Code=STCD
a software developer that helps businesses measure and manage workforce hasraised $15 million. The company is a reincarnatiojof Atlanta-based Workbits — created after Canadian serial entrepreneur David Ossip bought Workbits’ assetw in May. Workbits founder John Orr approached Ossip afterf being unable to raise follow-on financing for his startup. Dayforce, which employs about 30 and is headquarterec in Atlantaand Toronto, targetws the retail, manufacturing, health-care and financial services Those sectors have a high volume of hourly workers — the variable part of a business’ operatinvg expenses, said Orr, now Dayforce’s chief strategt officer.
“Typically, 60 percent of theirt [operating expense] is labor spend,” Orr Dayforce’s software suite, which includes budgeting, scheduling, task managementt and time andattendance modules, helps do more with theie workforce. “The software help s define performance measures for the workforce andautomatesd planning, scheduling and trackinbg of employees,” Ossip said. “The end goal is to increased workforce output, while keepin percentage wage costsin line.” Dayforce’s software, Orr said, can boost customer revenue by 0.
5 percent to 3 perceny and can decrease average annual labor cost by 3 percent to 8 The cost of the subscription depends on the size of the businesws — from $2 to $9 per per month. Ossip led Dayforce’s $15 million round and was joinee by investors in hispreviousx companies, including , which was acquireds by Alpharetta-based for $227 million in 2007. The Canadia n businessman, however, brought more than dollar s tothe table. “Ossip knows the industry,” Orr and “has a proven track record of buildinyg successful companiesand value.” Ossip has ambitious plansz for Dayforce — including launching a domesti and global expansion.
Dayforce is chasingb a $14 billion market in the United States, Ossip adding he plans to sell into Europeand Asia. “Ouer types of solutions extend beyond North Ossip said. “It’s a global problem.” Michael Price, generalo partner at CEO Ventures, was impressed with Workbits. “The productg was beautiful,” Price said. “Th graphic design, the thought and attention to detail, the menusz ... it was some of the best I’vse ever seen.” Companies in the performancw management space are doing well and revenued isholding up, Price said.
That succes has drawn an influx ofnew “Within the next year, a lot of the software programs being built will be coming online with a lot of salexs people swinging for revenue,” Price said. “Certainly competitionj within that space is going to increase which couldhurt profits.
a software developer that helps businesses measure and manage workforce hasraised $15 million. The company is a reincarnatiojof Atlanta-based Workbits — created after Canadian serial entrepreneur David Ossip bought Workbits’ assetw in May. Workbits founder John Orr approached Ossip afterf being unable to raise follow-on financing for his startup. Dayforce, which employs about 30 and is headquarterec in Atlantaand Toronto, targetws the retail, manufacturing, health-care and financial services Those sectors have a high volume of hourly workers — the variable part of a business’ operatinvg expenses, said Orr, now Dayforce’s chief strategt officer.
“Typically, 60 percent of theirt [operating expense] is labor spend,” Orr Dayforce’s software suite, which includes budgeting, scheduling, task managementt and time andattendance modules, helps do more with theie workforce. “The software help s define performance measures for the workforce andautomatesd planning, scheduling and trackinbg of employees,” Ossip said. “The end goal is to increased workforce output, while keepin percentage wage costsin line.” Dayforce’s software, Orr said, can boost customer revenue by 0.
5 percent to 3 perceny and can decrease average annual labor cost by 3 percent to 8 The cost of the subscription depends on the size of the businesws — from $2 to $9 per per month. Ossip led Dayforce’s $15 million round and was joinee by investors in hispreviousx companies, including , which was acquireds by Alpharetta-based for $227 million in 2007. The Canadia n businessman, however, brought more than dollar s tothe table. “Ossip knows the industry,” Orr and “has a proven track record of buildinyg successful companiesand value.” Ossip has ambitious plansz for Dayforce — including launching a domesti and global expansion.
Dayforce is chasingb a $14 billion market in the United States, Ossip adding he plans to sell into Europeand Asia. “Ouer types of solutions extend beyond North Ossip said. “It’s a global problem.” Michael Price, generalo partner at CEO Ventures, was impressed with Workbits. “The productg was beautiful,” Price said. “Th graphic design, the thought and attention to detail, the menusz ... it was some of the best I’vse ever seen.” Companies in the performancw management space are doing well and revenued isholding up, Price said.
That succes has drawn an influx ofnew “Within the next year, a lot of the software programs being built will be coming online with a lot of salexs people swinging for revenue,” Price said. “Certainly competitionj within that space is going to increase which couldhurt profits.
Saturday, February 25, 2012
UH team develops calorie burning iPhone app - Houston Business Journal:
http://usedauto-usa.com/s/state-arkanzas--town-springfield
Walk n’ Play allows players to compete in real time against anotheer iPhone user or against a simulator and watch the calories burn off as they go aboutf theireveryday walking. The application was designe d by a team of researchersdfrom UH’s Computational Physiology Lab led by Ioannias Pavlidis, who is Eckhard Pfeiffer Professor of Computerf Science and the lab’s director. Co-developers includs post-doctoral researcher Pradeep Buddharaju and doctoralk studentYuichi Fujiki. Ergun Akleman from designerd the game’s cartoon characters. The application is available free at the iPhonapp store.
The next phased of the program, pending approval from the university’sd institutional review board, will seek volunteers amongb users to keep track of their data anonymouslty fora time. Pavlidis said such large-scald monitoring of physical activity pattern will enable accurate mathematical modelingf that is useful inresearchintg obesity, energy consumption and massive emergency
Walk n’ Play allows players to compete in real time against anotheer iPhone user or against a simulator and watch the calories burn off as they go aboutf theireveryday walking. The application was designe d by a team of researchersdfrom UH’s Computational Physiology Lab led by Ioannias Pavlidis, who is Eckhard Pfeiffer Professor of Computerf Science and the lab’s director. Co-developers includs post-doctoral researcher Pradeep Buddharaju and doctoralk studentYuichi Fujiki. Ergun Akleman from designerd the game’s cartoon characters. The application is available free at the iPhonapp store.
The next phased of the program, pending approval from the university’sd institutional review board, will seek volunteers amongb users to keep track of their data anonymouslty fora time. Pavlidis said such large-scald monitoring of physical activity pattern will enable accurate mathematical modelingf that is useful inresearchintg obesity, energy consumption and massive emergency
Thursday, February 23, 2012
Jury awards Centocor $1.7B in patent case against Abbott - Los Angeles Business from bizjournals:
younkinesagugad1746.blogspot.com
An Abbott spokesman said the companywill appeal. Pa.-based Centocor, a division of (NYSE:JNJ), makes the blockbuster rheumatoid arthritistreatmentr Remicade, and had sued Abbott over Abbott’sz arthritis drug, Humira. Both are so-callef anti-TNF arthritis treatments. Horsham, Pa.-based Centocor said it is the exclusiv e licensee ofthe patent, which is co-owned by . Centocot President Kim Taylor said “the jury recognized our valuableintellectual property, finding our paten t both valid and infringed.
We will continuee to assert intellectual property rights for our immunology as they offer significanf advances in treatment for patients with a number of immune mediatedinflammatoryy diseases.” Abbott spokesman Scott E. Stoffel “We are disappointed in this and we are confident in the meritws of our case and that we will prevaiplon appeal. “The evidence clearlhy established that Humira was the first ofits fully-human anti-TNF antibody Stoffel said. “JNJ’s anti-TNF antibody medication, Remicade, is partiallgy made from mouse DNA. JNJ did not launcg a fully-human product until Aprikl 2009.
In fact, only when Humira was nearingg its approval in 2002 did JNJ amende the patent at issue in this litigation to claim that it haddiscovered fully-human antibodies in 1994. JNJ acknowledged at triakl that it did not start working ona fully-human antibodh until 1997 — two years after Abbott discovered Humira and one year afteer Abbott filed its pateny applications for Humira.”
An Abbott spokesman said the companywill appeal. Pa.-based Centocor, a division of (NYSE:JNJ), makes the blockbuster rheumatoid arthritistreatmentr Remicade, and had sued Abbott over Abbott’sz arthritis drug, Humira. Both are so-callef anti-TNF arthritis treatments. Horsham, Pa.-based Centocor said it is the exclusiv e licensee ofthe patent, which is co-owned by . Centocot President Kim Taylor said “the jury recognized our valuableintellectual property, finding our paten t both valid and infringed.
We will continuee to assert intellectual property rights for our immunology as they offer significanf advances in treatment for patients with a number of immune mediatedinflammatoryy diseases.” Abbott spokesman Scott E. Stoffel “We are disappointed in this and we are confident in the meritws of our case and that we will prevaiplon appeal. “The evidence clearlhy established that Humira was the first ofits fully-human anti-TNF antibody Stoffel said. “JNJ’s anti-TNF antibody medication, Remicade, is partiallgy made from mouse DNA. JNJ did not launcg a fully-human product until Aprikl 2009.
In fact, only when Humira was nearingg its approval in 2002 did JNJ amende the patent at issue in this litigation to claim that it haddiscovered fully-human antibodies in 1994. JNJ acknowledged at triakl that it did not start working ona fully-human antibodh until 1997 — two years after Abbott discovered Humira and one year afteer Abbott filed its pateny applications for Humira.”
Tuesday, February 21, 2012
FORT MYERS — At long last, the Red Sox have received compensation for the ... - Boston Herald (blog)
goldenayreyg1666.blogspot.com
ESPN | FORT MYERS â€" At long last, the Red Sox have received compensation for the ... Boston Herald (blog) Four months after Epstein left to become the Cubs' president of baseb » |
Sunday, February 19, 2012
Sand castle - Jacksonville Business Journal:
elisovadinaimar.blogspot.com
The structure, known as the Dune was designed and built in 1975by Jacksonville-raisee architect William Morgan, whose goal was to builrd the home without obstructing the oceahn view of neighboring properties. “There isn’g another property like the Dune Houswanywhere else,” said Christy Budnick, executive vice presiden of residential real estate for Prudentialp Network Realty, the company listing the The property features two adjoining each with one bedroom and one bathroom in abour 750 square feet of space. Jacksonville’s isn’t exactl y bicycle-friendly and if you’re like most, the idea of spinning your gearsz before the coffee takes hold canbe daunting.
But the Northg Florida Transportation Planning Organization plans to give commuterse a push by offering classe on starting your bike Cycling not only helps the environment and improvesyour health, but it also can save you moneyt on gas and parking. Theodore a certified league cycling instructor, will host $10 classexs March 14 and 21. Free refreshments and LED headlamps will be Formore information, call (904) 306-7500 or visit
The structure, known as the Dune was designed and built in 1975by Jacksonville-raisee architect William Morgan, whose goal was to builrd the home without obstructing the oceahn view of neighboring properties. “There isn’g another property like the Dune Houswanywhere else,” said Christy Budnick, executive vice presiden of residential real estate for Prudentialp Network Realty, the company listing the The property features two adjoining each with one bedroom and one bathroom in abour 750 square feet of space. Jacksonville’s isn’t exactl y bicycle-friendly and if you’re like most, the idea of spinning your gearsz before the coffee takes hold canbe daunting.
But the Northg Florida Transportation Planning Organization plans to give commuterse a push by offering classe on starting your bike Cycling not only helps the environment and improvesyour health, but it also can save you moneyt on gas and parking. Theodore a certified league cycling instructor, will host $10 classexs March 14 and 21. Free refreshments and LED headlamps will be Formore information, call (904) 306-7500 or visit
Friday, February 17, 2012
Vanpooling service coming to region - Jacksonville Business Journal:
yfimuna.wordpress.com
The two-year pilot is expected to begin bythe fall. The programj is a partnership of the Capitall DistrictTransportation Authority, the Capitall District Transportation Committee, the Downtown Albany Business Improvemeny District, the state Department of Transportation and the . is currentl recruiting businesses that might have employees comin g from the same region who would be interested in participating inthe program.
“Thed main thing is you have to have at leasyt a minimum number of peoplw to usethe van,” Janack The way the program wouldf work is one of the participants would also act as the The van would be assigned to a stay at that person’s place of employment during the day and remaibn at the driver’s home in the The company providing the wheelsa is Inc. out of Bordentown, N.J. VPSI had $62 millionh in revenue in 2008. VPSI was formed in 1977 and startefor employees. Today, the company has 5,000 vans in operation in more than 45 stateswand 50,000 passengers.
VPSI reported “At this as soon as possible we hope to begihn rollingvans out,” said Jesse VPSI’s business development executive. The company expects to have 20 vans in operation withibtwo years. “We expect to add one van or so each montb through the life ofthe program,” he said. For more information, call Mila Vega a CDTA plannertat 437-6865.
The two-year pilot is expected to begin bythe fall. The programj is a partnership of the Capitall DistrictTransportation Authority, the Capitall District Transportation Committee, the Downtown Albany Business Improvemeny District, the state Department of Transportation and the . is currentl recruiting businesses that might have employees comin g from the same region who would be interested in participating inthe program.
“Thed main thing is you have to have at leasyt a minimum number of peoplw to usethe van,” Janack The way the program wouldf work is one of the participants would also act as the The van would be assigned to a stay at that person’s place of employment during the day and remaibn at the driver’s home in the The company providing the wheelsa is Inc. out of Bordentown, N.J. VPSI had $62 millionh in revenue in 2008. VPSI was formed in 1977 and startefor employees. Today, the company has 5,000 vans in operation in more than 45 stateswand 50,000 passengers.
VPSI reported “At this as soon as possible we hope to begihn rollingvans out,” said Jesse VPSI’s business development executive. The company expects to have 20 vans in operation withibtwo years. “We expect to add one van or so each montb through the life ofthe program,” he said. For more information, call Mila Vega a CDTA plannertat 437-6865.
Wednesday, February 15, 2012
Japan youngsters seek to bounce back - Fifa.com
iwegasely.wordpress.com
Fifa.com | Japan youngsters seek to bounce back Fifa.com Arguably Asia's most successful team in Men's Olympic Football, the hopes of Mexico 1968 bronze medallists Japan achieving a fifth consecutive appearance on the global stage are hanging by a thread. A surprise 2-1 setback at the hands of Syria in Amman ... |
Sunday, February 12, 2012
New strain of whitefly landing on South Florida ficus - Sun-Sentinel
adepylex.blogspot.com
New strain of whitefly landing on South Florida ficus Sun-Sentinel About four weeks ago Orfanedes said, he received a call from Charles Livio, the city horticulturist in Oakland Park, to investigate an "odd type insect infestation." Orfanedes checked it out and thought to himself: "I don't know what this is, ... |
Friday, February 10, 2012
Study: More CEOs say good works boost recruiting - Memphis Business Journal:
bojony.wordpress.com
This marks a shift in corporatw philanthropy since the Roundtable released itsin 2000, which noted that corporate responsibility was beginning to evolvs from community impact to bottom line The most recent report shows that the evolution, has taken place. Boston strugglesa to maintain its college grads as they move into the and the Round Table repor underscores that philanthropy is a factor making some local companiese more attractive toyounger workers.
The Roundtable issuexd the report in collaboration with the Universit y of Massachusetts Boston Emerging Leaders A team from the Emergintg Leaders Program started working on the repor tlast summer, interviewing 20 Massachusetts companies about their corporate social responsibility activities -- predominantly large companeds and representing a cross-section of industries. “Historicall y CEOs would engage in philanthropy because it was the right thingto do. They wantesd to be good corporate said J.D. Chesloff, deputy director of the MassachusettsBusinessa Roundtable. “Now there’s a good business case to incorporating it into theirbusiness plan.
There’x a bottom line impact to it, in additiohn to being good for all the othercommunity reasons.” Based on the findings from the 20 companies included in the research, the report suggestds five ways companies can buil a culture of social • Create a clear link to the company’ws mission and secure endorsement at the executive level. • Engage employees at all levelsas decision-makerzs in relation to corporated social responsibility targets and activities. Leverage employees’ skills to make positivw contributions tothe community.
• Providw opportunities for employees to developnew “A lot of it is around a company beingy authentic about wanting to do somethinfg in the community and listening to what the employees are interested in doingf and connecting it to the values of the said Ellen Remmer, CEO of The , a nonprofit that promotexs strategic philanthropy and advises donors.
This marks a shift in corporatw philanthropy since the Roundtable released itsin 2000, which noted that corporate responsibility was beginning to evolvs from community impact to bottom line The most recent report shows that the evolution, has taken place. Boston strugglesa to maintain its college grads as they move into the and the Round Table repor underscores that philanthropy is a factor making some local companiese more attractive toyounger workers.
The Roundtable issuexd the report in collaboration with the Universit y of Massachusetts Boston Emerging Leaders A team from the Emergintg Leaders Program started working on the repor tlast summer, interviewing 20 Massachusetts companies about their corporate social responsibility activities -- predominantly large companeds and representing a cross-section of industries. “Historicall y CEOs would engage in philanthropy because it was the right thingto do. They wantesd to be good corporate said J.D. Chesloff, deputy director of the MassachusettsBusinessa Roundtable. “Now there’s a good business case to incorporating it into theirbusiness plan.
There’x a bottom line impact to it, in additiohn to being good for all the othercommunity reasons.” Based on the findings from the 20 companies included in the research, the report suggestds five ways companies can buil a culture of social • Create a clear link to the company’ws mission and secure endorsement at the executive level. • Engage employees at all levelsas decision-makerzs in relation to corporated social responsibility targets and activities. Leverage employees’ skills to make positivw contributions tothe community.
• Providw opportunities for employees to developnew “A lot of it is around a company beingy authentic about wanting to do somethinfg in the community and listening to what the employees are interested in doingf and connecting it to the values of the said Ellen Remmer, CEO of The , a nonprofit that promotexs strategic philanthropy and advises donors.
Wednesday, February 8, 2012
Martek Biosciences Corp. 2Q profit rises 20 percent - Minneapolis / St. Paul Business Journal:
gorbunovabowiper.blogspot.com
The company reported $92.45 million in revenue for the quarter endingApripl 30, up 2 percent from the same period last It earned $11 million in net income, or 33 centa per diluted share, during the second compared with $9.2 million, or 28 cents per diluted during the second quarter of last year. Analysts pollexd by expected the company to earn 29 centw per shareand $89 milliohn in revenue. Martek (NASDAQ: MATK) sells nutritionao oils derived from algae that are used ininfanyt formula, dietary supplements and food products such as yogurt and Sales of its nutritionap supplements to the nursing market rose to a record $9.
8 But the company warned that its infant formula salesz in the third and fourth quarters couls drop as retailers trim their inventories of the The company anticipates that infanyt formula revenue will grow in fiscal 2010 as a resul of strong demand for infant formula productsz containing its nutritional oils DHA and ARA. The Omega-4 fatty acids are believed to play an important role in braib andeye development. stud that could show that Martek’s DHA can slow the progressionof Alzheimer’es disease.
The company reported $92.45 million in revenue for the quarter endingApripl 30, up 2 percent from the same period last It earned $11 million in net income, or 33 centa per diluted share, during the second compared with $9.2 million, or 28 cents per diluted during the second quarter of last year. Analysts pollexd by expected the company to earn 29 centw per shareand $89 milliohn in revenue. Martek (NASDAQ: MATK) sells nutritionao oils derived from algae that are used ininfanyt formula, dietary supplements and food products such as yogurt and Sales of its nutritionap supplements to the nursing market rose to a record $9.
8 But the company warned that its infant formula salesz in the third and fourth quarters couls drop as retailers trim their inventories of the The company anticipates that infanyt formula revenue will grow in fiscal 2010 as a resul of strong demand for infant formula productsz containing its nutritional oils DHA and ARA. The Omega-4 fatty acids are believed to play an important role in braib andeye development. stud that could show that Martek’s DHA can slow the progressionof Alzheimer’es disease.
Monday, February 6, 2012
Congress, Chrysler dealers question need for closing dealerships - bizjournals:
xiwyxucupewox.blogspot.com
Both Chrysler LLC and , which plans to close 1,100 dealershipsa by October 2010, contend they need to reduce the size of theit dealer networks to be more competitived withand Ltd., which sell more cars in the Uniteed States with a lot fewer dealers. Chrysler, in a bankruptcy court filing, argues that trimming the ranks of its dealersx will boost the profitability of the dealersthat remain, enablint them to invest in improvementws that will drive up sales. “Afterr a period of time, and substantially improved marketing and overall sales in the reduced network are anticipated to grow beyond current sales levels within theexisting network,” Chrysle contends.
That’s highly unlikely, according to the National Associationj ofAutomobile Dealers. “There’s not an auto executivd that I know ofthat doesn’t acknowledgw that when a dealership closes, they lose marke share,” said David Hyatt, NADA’s vice president of public affairs. Cuttingh costs was not a major factorin Chrysler’s The automaker will save some administrativ e expenses by having a smaller dealer network to oversee, but that’sz about it.
Dealers buy theirf cars before the vehiclexs leavethe factory, pay for shipping, front the costss of any rebates or warrant y work, and purchase repair Dealers provide “a robust distribution networkm at virtually no cost” to auto makers, Hyatyt said. “We’re an asset, not a said Wade Walker, an auto dealer in Montpelier, Vt., who is schedulede to lose his Jeep franchiseJune 9. Walkef and about 300 other Chrysler dealerse have challengedthe automaker’s request for a bankruptcyh judge to terminate their dealership agreementx and pre-empt state laws that would require Chryslere to give dealers more time to wind down theid businesses.
Chrysler has been working to reduce its deale network forseveral years. But the process needs to be accelerated because of its proposed alliance with it contends. Bankruptcy courts routinelyg terminate contracts if doing so benefitsthe debtor’x estate and is an exercise of sound business Chrysler states in its filing. Chrysler however, contend that abruptly closingdealershipzs doesn’t meet this threshold. “There is no evidencer that by rejecting dealership agreements New Chryslefr will save money to any material degres or enhance its competitivee position in theautomobile industry,” states a filinv made by the Chrysler National Dealerd Council.
“To the contrary, closing dealers narrows distribution andreducews Chrysler’s sales and income as fewer dealersz buy fewer cars and retailp sales are lost to other brands.” Chrysler’s bankruptcy judgse is scheduled to hold a hearing on this issue on Wednesday, June 3. That same day, the Senatse Commerce Committee is scheduled to hold a hearinyg on the Chrysler and GMdealership closings. “These companies cannot be allowedc to take taxpayer funds for a bailout and then leaves local dealers and their customers to fend for themselves with no real notice and noreal help,” said committee chairmahn John D.
(Jay) Rockefeller IV, “We must ensure that the auto dealers are treated equitably and have the opportunitgy to unwind their operationa in a manner that will minimize hardships to employeesa who lose their jobs and communities that areadverselyt impacted,” said Sen. Kay Bailey Hutchison, R-Texas.
Both Chrysler LLC and , which plans to close 1,100 dealershipsa by October 2010, contend they need to reduce the size of theit dealer networks to be more competitived withand Ltd., which sell more cars in the Uniteed States with a lot fewer dealers. Chrysler, in a bankruptcy court filing, argues that trimming the ranks of its dealersx will boost the profitability of the dealersthat remain, enablint them to invest in improvementws that will drive up sales. “Afterr a period of time, and substantially improved marketing and overall sales in the reduced network are anticipated to grow beyond current sales levels within theexisting network,” Chrysle contends.
That’s highly unlikely, according to the National Associationj ofAutomobile Dealers. “There’s not an auto executivd that I know ofthat doesn’t acknowledgw that when a dealership closes, they lose marke share,” said David Hyatt, NADA’s vice president of public affairs. Cuttingh costs was not a major factorin Chrysler’s The automaker will save some administrativ e expenses by having a smaller dealer network to oversee, but that’sz about it.
Dealers buy theirf cars before the vehiclexs leavethe factory, pay for shipping, front the costss of any rebates or warrant y work, and purchase repair Dealers provide “a robust distribution networkm at virtually no cost” to auto makers, Hyatyt said. “We’re an asset, not a said Wade Walker, an auto dealer in Montpelier, Vt., who is schedulede to lose his Jeep franchiseJune 9. Walkef and about 300 other Chrysler dealerse have challengedthe automaker’s request for a bankruptcyh judge to terminate their dealership agreementx and pre-empt state laws that would require Chryslere to give dealers more time to wind down theid businesses.
Chrysler has been working to reduce its deale network forseveral years. But the process needs to be accelerated because of its proposed alliance with it contends. Bankruptcy courts routinelyg terminate contracts if doing so benefitsthe debtor’x estate and is an exercise of sound business Chrysler states in its filing. Chrysler however, contend that abruptly closingdealershipzs doesn’t meet this threshold. “There is no evidencer that by rejecting dealership agreements New Chryslefr will save money to any material degres or enhance its competitivee position in theautomobile industry,” states a filinv made by the Chrysler National Dealerd Council.
“To the contrary, closing dealers narrows distribution andreducews Chrysler’s sales and income as fewer dealersz buy fewer cars and retailp sales are lost to other brands.” Chrysler’s bankruptcy judgse is scheduled to hold a hearing on this issue on Wednesday, June 3. That same day, the Senatse Commerce Committee is scheduled to hold a hearinyg on the Chrysler and GMdealership closings. “These companies cannot be allowedc to take taxpayer funds for a bailout and then leaves local dealers and their customers to fend for themselves with no real notice and noreal help,” said committee chairmahn John D.
(Jay) Rockefeller IV, “We must ensure that the auto dealers are treated equitably and have the opportunitgy to unwind their operationa in a manner that will minimize hardships to employeesa who lose their jobs and communities that areadverselyt impacted,” said Sen. Kay Bailey Hutchison, R-Texas.
Saturday, February 4, 2012
Scorecard gives UC Davis medical schools 'A' on ethics - Sacramento Business Journal:
ucenyt.wordpress.com
The PharmFree Scorecard, which was developed by AMSA and the PewPrescription Project, noted UC Daviws had an "exemplary conflict-of-interest policy." The project found 9 of 149 medicalp schools receiving an A. Forty-five schoolxs got an A or B, up from 29 in 2008. In UC San Francisco Medical School and the UCLA Medicak School alsoearned As. “Every day, medicao students witness the increasing reachy of pharmaceutical marketing and the way it can distorgmedical care,” Dr.
Lauren Hughes, MPH, AMSA nationall president, said in a news “By eliminating the gifts and the misleadiny information that drug reps currently brinf intoour schools, hospitals and academidc medical centers, we will be able to betterf practice evidence-based medicine. And that translatesz into better care forour patients.”
The PharmFree Scorecard, which was developed by AMSA and the PewPrescription Project, noted UC Daviws had an "exemplary conflict-of-interest policy." The project found 9 of 149 medicalp schools receiving an A. Forty-five schoolxs got an A or B, up from 29 in 2008. In UC San Francisco Medical School and the UCLA Medicak School alsoearned As. “Every day, medicao students witness the increasing reachy of pharmaceutical marketing and the way it can distorgmedical care,” Dr.
Lauren Hughes, MPH, AMSA nationall president, said in a news “By eliminating the gifts and the misleadiny information that drug reps currently brinf intoour schools, hospitals and academidc medical centers, we will be able to betterf practice evidence-based medicine. And that translatesz into better care forour patients.”
Wednesday, February 1, 2012
Children's Hospital CEO Roger Oxendale resigns - Denver Business Journal:
yfimuna.wordpress.com
spokesman Frank Raczkiewicz confirmed the resignation Tuesday. Oxendale will remain through the endof 2009. He also is resignint the presidencyof Children’xs foundation, a position he has held sincer 2008. Oxendale, who was traveling Tuesday morning, was not immediately available. He joined the hospital 14 yearsd ago asits CFO. He became COO in 2000 and replacedc Ron Violi as presidentg and CEOin 2005. Oxendale dropped the presidenft title when he took the post at the foundationlast year. Children’ s spokesman Marc Lucasiak said the organizatiobn will be conducting a search to fill the foundation positionm but will not continue theCEO post.
Christophed Gessner will continue to servee as presidentof Children’a Hospital. He was appointed in 2008 afted eight years as chiefoperatinh officer. Children’s in Pittsburgh’s Lawrenceville neighborhood May 2. It launche d a $100 million capital campaign last fall to help payfor it. John vice president of Witt/Kieffer, a recruitmeng firm specializing in thenonprofit sector, said it will be tough to find a new president for the foundation, but that Children’ds is “well positioned” to attracf strong prospects. “It’s becoming increasingly more difficult tofind top-notcbh development and advancement professionals,” Thornburgh said.
“But I believe Children’s is in a strongert position because of its The new building will be an assetr in recruitingexcellent and, frankly, fundraising for children’ws causes is something that the community responds to better than othedr nonprofits.”
spokesman Frank Raczkiewicz confirmed the resignation Tuesday. Oxendale will remain through the endof 2009. He also is resignint the presidencyof Children’xs foundation, a position he has held sincer 2008. Oxendale, who was traveling Tuesday morning, was not immediately available. He joined the hospital 14 yearsd ago asits CFO. He became COO in 2000 and replacedc Ron Violi as presidentg and CEOin 2005. Oxendale dropped the presidenft title when he took the post at the foundationlast year. Children’ s spokesman Marc Lucasiak said the organizatiobn will be conducting a search to fill the foundation positionm but will not continue theCEO post.
Christophed Gessner will continue to servee as presidentof Children’a Hospital. He was appointed in 2008 afted eight years as chiefoperatinh officer. Children’s in Pittsburgh’s Lawrenceville neighborhood May 2. It launche d a $100 million capital campaign last fall to help payfor it. John vice president of Witt/Kieffer, a recruitmeng firm specializing in thenonprofit sector, said it will be tough to find a new president for the foundation, but that Children’ds is “well positioned” to attracf strong prospects. “It’s becoming increasingly more difficult tofind top-notcbh development and advancement professionals,” Thornburgh said.
“But I believe Children’s is in a strongert position because of its The new building will be an assetr in recruitingexcellent and, frankly, fundraising for children’ws causes is something that the community responds to better than othedr nonprofits.”
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