Wal-Mart to hire 22,000 - Houston Business Journal:

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Wal-Mart’s announcement came on a day the government released mildly encouraging weeklyunemployment figures. But it also hit as the retailo industry reported some overalldismal results, with same stores sales figures falling an average of 4.8 percenty for May. The discount retail giant says it willhire 22,000 people to staff new or expanded storew this year. “During this difficult economicx time, we’re proud to be able to create qualit y jobs for thousands of Americans this Eduardo Castro-Wright, vice chairman of , said in a But even Wal-Mart (NYSE: WMT) isn’t hiring at the same pace it has in the past. The Ark.-based retailer added 33,000 jobs in the U.S.
last Still, Wal-Mart’s low prices on everything from food to electronics have allowedd it to gain market share and have kept it positionedc asthe nation’s number one Unlike its peers, Wal-Mart did not releasw monthly sales figures, instead focusing its attentionm on its hiring announcement. Wal-Mart’ds announcement, on the eve of its annual shareholder’s came as the U.S. Labor Department releasefd jobless figures showing the recessionb may be losing at least some of its Initial claims for state unemploymentfell 4,000 to 621,000 in the week that ende May 30. That’s the third straight week fewe workers filednew claims.
And the tally of claimss drawn by workers for more than one week in the week endedf May 23fell 15,000 to 6,735,000 -- the first decline in that figure since Jan. 3. But that news isn’t exactly good. It’s just less bad than othert developments, and experts expect plentu more painto come. Chief financial officerss polled recently by and CFO magazine expecrt the recession to last through the endof 2009. CFOs in the U.S. and Europr expect unemployment to keep rising in the next12 months, perhapsa to as high as 12 percenty domestically.
Meanwhile, the nonfarm payrolls report from the governmenr Friday is expected toshow 550,000 jobs lost in May, and unemploymenf climbing above 9 While Wal-Mart announced its hiring plans, otherd retailers reported dismal results for May same-store Sales fell 4.8 percent at the 30 retailers tracked by . Sales fell 6.1 percent at Macy’s sales fell more than 9 and sales dipped7 percent. Such pessimismn adds weight to Wal-Mart’s decision to keep on hiring, despite the fact that othee U.S. retailers like and Macy’s have slashede payrolls in recent months.
Wal-Mart this year will fill positionas from cashiers and salesa associatesto pharmacists, human resource managers and customer service associates. The company will add 1,000 or more worker s in Arizona, California, Michigan, New Jersey, South Carolina, Utah and But the generally grim climate raisexsthe question: Is anybodyu out there other than Wal-Mart on the hunt for new employees? The answer in one majore Southeast market is encouraging.
The Charlotts Business Journal reports that there are jobs to be had evenin ’xs hard-hit hometown, where local unemployment is over 11 You just have to know where to “The defining feature for who is hiring is not the size of the but quite frankly, what is that firm N.C. State economist Mike Walden told thebusinesw journal. Notably, among the firms the Charlotte Business Journal citedd as in thehiring game: discount retailers, just like Wal-Mart.

High Desert Pediatrics opens doors June 15 - Sacramento Business Journal:

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Located at 8650 Alameda NE., the 4,100-square-foott medical office is the first tenant inthe two-buildingg office plaza built by Hoech Real Estate The project includes two officr buildings totaling more than 42,000 squar e feet and a new church for Hope The new clinic’s operators did their residenciese at the and specialize in acutelyh ill children. Hope Plaza is seekinbg a silver certification from the in its Leadership in Energty and EnvironmentalDesign (LEED) program. Father-soh team Don and Justin Hoech partnerede with the church to develop the parcel adjacent to La Cueva High Schoolo in the Far Northeasr Heightsof Albuquerque.
The office buildings are beingg offered for sale as office condominiums or can be represents half ofthe $7.5 million which was built by Enterprise Builders. High Desery Pediatrics is the lone tenany to date far inthe project.

Argentina reclama la restauración del orden constitucional en Mali - Univisión

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Intereconomía

Argentina reclama la restauración del orden constitucional en Mali Univisión El Gobierno argentino condenó hoy "enérgicamente" el golpe de Estado perpetrado en Mali el pasado miércoles y reclamó la "inmediata restauración del legítimo orden constitucional", informaron fuentes oficiales. "Dicha ruptura del orden democrático se ... Cancillería llamó a "la inmediata restauración del legítimo orden ... Ambito.com Incertidumbre en Malí tras el golpe, los golpistas cada vez más aislados AFP Argentina condena "golpe de Estado" en Malí Pueblo en linea Semana.com  »

Suspenseful 'Hunger Games' satiates - San Francisco Examiner

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San Francisco Examiner

Suspenseful 'Hunger Games' satiates San Francisco Examiner Based on novelist Suzanne Collins' wildly popular futuristic thriller for young adults, the film adaptation of “The Hunger Games” gets by chiefly on raw, sinister suspense. For those who haven't read the book â€" the first in a trilogy â€" it takes place ... Books and internet popularity build suspense before “The Hunger Games” Ames247 Breathless suspense in impressive adaptation This is North Devon Review: 'The Hunger Games' is irresistible CNN International NewsOK.com -Detroit Metro Times (blog) -Globe and Mail  »

Pottstown Memorial sets up as next for-profit hospital - Philadelphia Business Journal:

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Last year CHS bought the 58-bed Souther Chester County Medical Centerfor $21 millio n and 176-bed Brandywine Hospital and Trauma Center for $40 million. The proposexd price for Pottstown Memorial wasnot disclosed. As part of the CHS would also acquire Pottstown Scanning and Treatmenf Center and all three locations of Pottstown Family With morethan 1,200 employees, Pottstown Healthcare is one of the largesty employers in western Montgomery County. "The decision to sell Pottstowm Memorial was taken very seriously by the boarsdof directors," Chairman Henry Pollaik said.
"After months of review and and somesoul searching, we have concluded that it is in the best interesyt of Pottstown Regional Healthcarw Network, its employees and medical and the community to sell the health-care network to an organization which best fits our understands our community and ensures our futurwe viability. We are confidenyt that Community Health Systemw isthat partner." Pottstowbn started the process of findint a merger partner about six months ago. At that time, John J. president and CEO of Pottstown said the board wanted to explore alternativesa forthe long-term survivall of the organization.
"One of thoses options may be todo nothing," Buckley said durinf the summer. "We are stable right now, from a financiakl perspective, but we thoughtt it would be prudent to see what options are out We want a cleafr understanding of what ouroptionxs are." In fiscal 1999 and 2000, Pottstown Memorial lost a combined $3.5 Last year, following cost-cutting measures that includedf layoffs, the hospital bounced back with a $2.5 millioj profit, according to figures from the Pennsylvania Health Care Cost Containmenyt Council.
According to industry sources, hospital groups that receivex requests-for-proposals from Pottstown included the University of Pennsylvania Health System, Main Line Healthb and Tenet Healthcare Corp. Tenet Healthcare is finalizing itsproposed $22 million acquisition of Roxboroughg Memorial Hospital in Philadelphia. A hearin on the sale was schedulesfor Dec. 13 at Philadelphia Orphans Court. Tenert and Roxborough expect to complete the transaction before the end ofthe month. Pottstownm officials said a key to their deal was the willingness by CHS to commiy the resources needed for capital improvements atthe hospital.
"Ajn important consideration for us when choosing to move forwarsd with the letter of intent is that CHS acquires hospitals only in communitieslike ours, and they understanrd and respect the communities they serve," Pollak "They have a strong balance sheegt and are willing to invest millions of dollare of capital into our communitty for the expansion of facilities and services, as well as technologg that is vital to the continues provision of health care for this community.
"Pottstown is a growing community and one of our firsft projects will be to expand our ER capabilities to meet this This is good news for the communit y because it means improved access to care and he said. The transactionn is subject toregulatory approvals. CHS, which operates 63 hospitalxs in22 states, intendsa to convert Pottstown Memorial to a for-profift hospital. They expect the sale to close next

Northwest Florida's Emerald Coast Launches National Search for 'America's Most ... - MarketWatch (press release)

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Northwest Florida's Emerald Coast Launches National Search for 'America's Most ... MarketWatch (press release) DESTIN, FORT WALTON BEACH, OKALOOSA ISLAND, Fla., March 19, 2012 /PRNewswire via COMTEX/ -- The search launches today to find 'America's Most Deserving Dad' and Northwest Florida's Emerald Coast Convention & Visitors Bureau challenges families from ... and more »

Lars Rebien Sorensen Executive Profile

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"Lars Rebien Srensen joined Novo Nordisk

Arizona Cardinals close in on Phoenix Suns, Diamondbacks, Coyotes lag all - Phoenix Business Journal:

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Market research conducted as part of a possiblde relocation of the to Canads shows the Cardinals and National Football League catapultinvg in popularity among localsportsw consumers. Canadian billionaire Jim Balsillie wantzs to buy the Coyotesfor $213 million and move the team to Ontario. His relocation plan submitte to the National Hockey League includes market the The surveys, conducted in late May for Balsillier by Hotspex Inc., show the Cardinalas gaining favor in a Phoenixd sports market traditionally dominatedd by the and .
One survey lookedf at the overall appeal amonhg fans forthe region’s four major sports The Cardinals garnered 53 percent supportg — equal to the Diamondbackds and just behind the 54 percent mark receivex by the Phoenix Suns. The Coyotes came in at 29 The survey did not say how many fans were The survey also found that footballk is the most populart sport in the Phoenix area with 53 percent of residentse following the NFL on aregular basis. Majorf League Baseball was second at 45 percenrt followed by the National Basketballl Association at 44 percent and National Hockey Leagud at 20 percentof Phoenix, accordiny to the survey and Balsillie’s applicatiob to move the team.
The Cardinalsz and NFL also did the best when it comesa to consumers choice of sportsto attend. Fifty-sevenm percent of those surveyed showedc a strong desire to attend an NFL That compares to 51 percent who strongly wanted to see a Majofr LeagueBaseball game, 46 percenr an NBA game and 30 percent for hockey. The Cardinals traditionall have been a doormat both in the NFL and the Phoeni sports market wherethe D-Backs and Suns have made multiple playoff appearances. The Cards, which movee to University of Phoenizx Stadiumin 2006, had not hosted a home playoffg game since 1947 and team owners the Bidwill familyu were unpopular among local fans.
But the Cardinals playofrf winslast season, a National Footbalp Conference championship and last-second Super Bowl loss pushe d them higher in a market struggling with cuts in consumef spending. The Cardinals playoff success also compares withthis season’s failurexs by Suns and Coyotes to make their playoffws and a slow 2009 season startg by the D-backs.

Global Partnerships gets microfinance grant - Puget Sound Business Journal (Seattle):

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The organization received the three-year grant from the in Wash. The grant will primarilu be used to hire a director of investment More broadly, it will allow the nonprofitg to better manage its threes investment funds and improved its management and tracking of fund data. Since Global Partnership’s funds under management have increasedxfrom $2.5 million to . Some of the nonprofit’ds existing loan fund investorsinclude . A Global Partnership spokeswoman says the microlenderf is currently raising capital for its fourth loan which is targeted to bebetween $15 millio n and $25 million.
Global Partnerships lends money to microfinance institutions in LatinAmerican countries, which in turn make smalk loans to borrowers, typicallgy women. This summer, Global Partnerships will expand into itseighth country.

Peace talks on agenda as violence escalates - Sydney Morning Herald

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Sydney Morning Herald

Peace talks on agenda as violence escalates Sydney Morning Herald Photo: Reuters JERUSALEM: Amid the worst outbreak of Israeli-Palestinian violence in a year, the quartet of Middle East negotiators will meet today at the United Nations to discuss how to revive st »

'John Carter' Cheat Sheet: Everything You Need To Know - MTV.com

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New York Daily News

'John Carter' Cheat Sheet: Everything You Need To Know MTV.com By Kevin P. Sullivan "John Carter" may look like other sci-fi and fantasy films that you know, but there's a good reason for that. The original Edgar Rice Burroughs stories that inspired the film and dozens others like it have been stuck in development ... Review: 'John Carter' is a quirky sci-fi adventure CNN International "John Carter" is a bloated sci-fi epic from Disney that's made watchable by ... Detroit Free Press 'John Carter': Just relax and enjoy the ride MiamiHerald.com New York Daily News -Daily Mail  »

Cushman & Wakefield loses third Miami exec - Atlanta Business Chronicle:

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Caplin’s exit is the latest of severalrecent high-profils departures at C&W in Miami. The firm is one of Southh Florida's largest real estate brokerages and, like other brokerages, has seen few investment deals in the last Former branch manager Tere Blanca left in the sprinb tolaunch , a firm focused on office leasing and Hank Klein, executive director of C&sW in Florida, was notified last month that his positionb was being eliminated. Steelbridge owns and manages propertythroughout Florida. It sold , on Miami’s Brickel Key, for $150 million in 2007 afte r an eight-year hold.
Steelbridge founder Gavin Campbell will continuer asmanaging principal, sharing the helm with Caplin is one of a handfulk of commercial brokers involved in South Florida’ largest commercial transactions. Caplin said his exit is in responsr to a paradigm shift in local investmenr that comes at the tail end of a where leasing and management for institutional investors became secondaru tomarket momentum. During the boom yearse leading upto 2006, the expectatiom was that assets with stronh track records could be purchased and flipped quickly for big returns.
For a shorty period of time, some owners made the strategt work, but then the economic meltdown put the brakes onthe Some, who bought in the last few years, were holdingf assets that cost too much compared to market The market has now shiftefd back to fundamental principles of with institutional investors and private capital “seekin to co-invest with strong, local operating partners,” Caplin said. “Ther market and investors mostlybelieve it’s aboutt operations on the ground and knowing how to position a building in a particular he said.
Caplin oversaw more than $7 billion in transactionz at C&W, including ’ $307 million purchasee of a half-stake in downtownb Miami’s landmark and full ownership of the 1221 Brickel buildingin 2006. He was involved in the sale of 355 Alhambrwa in Coral Gablesfor $87.3 million in 2008 and is currentlyt working with Hines to refinance its debt at . Caplibn is a graduate of south Miami-Dadr County’s Palmetto High School. He graduated from in 1985 witha bachelor’a degree in finance and real Two years later, he left C&W’s appraisa group to launch the company’s locao investment sales operation.
Caplin was part of a team in the late 1980 s that first specialized in investment sales in Duringthe mid-1990s, Steelbridge Capital had 2 million square feet of commerciapl real estate in its portfolio in seven Floridza markets including Jacksonville, Naplesa and Miami. They sold much of it from 2005to 2007. Caplin’sz arrival marks another periodof opportunity-investment for the Steelbridge’s Campbell said.
"We think valuations are finallyu starting to lookattractive again,” Campbelol said in a “The opportunity to buy Florida assets at significant discountx to replacement cost is imminent, while the long-term job and demographixc prospects for Florida and the Caribbean basin are as strong as ever. Jay’s leadership will be the linchpi ofour strategy."

Highmark faces sharp criticism in hearings on pending merger - Kansas City Business Journal:

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State Sen. Don White sharply criticized the benevolencse ofHighmark Inc. and Independencs Blue Cross, saying the donatee money is as much of a marketinyg tool as help to community groups and other Inprepared remarks, a Republican from Indiana who chairse the Senate Banking and Insurance Committee, told Insurance Departmeny officials that charitable donations by the healthu insurance carriers are excess premiujm dollars, not the result of generosity. "To be such benevolence does not exist becausd these entitiesare kind-hearteds -- it is a product of the preferentiao tax status they enjoy as nonprofitt entities," White wrote.
"Such status not only provides them with a competitivre advantageover for-profit insurers, but also obligates them to be the benevolentt institutions their limitless advertising budget says they White was scheduled to testify at the second of threee hearings the Insurance Department scheduled on the proposefd merger of Highmark and Independence Blue Cross. Hearings were held this week in Pittsburghuand Harrisburg, and the last hearing will be held July 15 in The department is expected to make a decision on the merge r proposal by the end of the At the Pittsburgh hearing, Highmark President and CEO Dr.
Ken Melano testified that the new company willachieve $1 billio in savings and net economic benefits while allowing the new compan to compete against bigger such as Wellpoint and . "There's a need to be a multi-markegt company and a multi-markeg product," Melani said. He was also critical of the duplicatio n of servicesin Blues' companies competing in Pennsylvania, "There's a lot of wastde and duplicated services between the four plans in the state, a lot of wastedf resources.
" But an economist hiredx by Harrisburg-based said a combined Highmark and Independence Blue Cross will have a much bigge r share of Pennsylvania's commercial insurance marketr than previously disclosed. Monica Noether, executivse vice president of Boston-based , said the new companhy would have 72 percent ofthe state'ws insurance market, far more than the 53 percenr cited by Highmark, Independence Blue Cross and presa accounts. If the deal is approved, more than seven of everg 10 commercially insured Pennsylvanians will get theire health insurance through thenew company.
"From an economicf perspective, such a market power is likely to have an anticompetitive effecyton pricing, innovation, choice and quality and therebyg harm consumers," Noether wrote in preparesd remarks. Highmark spokesman Michael Weinstei nchallenged Noether's market saying it was unclear how she arrived at her If the merger is not Highmark is perfectly positioned to sell healthy insurance in the five counties arounde Philadelphia that comprise Independence Blue Cross' service Noether said.
Highmark has competed againsty Independence for these customers in the past and has the statewidde BlueShield license, which allows the company to sell Blue-branded products anywherr in Pennsylvania. Capital's franchise is limited to the 21 counties ofcentrakl Pennsylvania. Helping Capital get permission from the tosell Blue-brande products statewide is a way to preserve competition after the merger of Highmark and White testified. The Chicago-based association licenses Blues and the state could make its approval of the deal contingentt upon Capital being able to sell Blueproductd statewide, he said.

Electric aggregation discussed - Canton Daily Ledger

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Electric aggregation discussed Canton Daily Ledger By JOHN FROEHLING An informational session for Canton residents about the referendum on electric aggregation was held Wednesday at the Donaldson Community Center in Wallace Park. The session was taped and will air on local cable Channel 22 beginning at ... and more »