Dublin officials tout

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During an annual state of the city addresaMonday evening, Dublin Finance Director Marcia Grigsby said the city brought in 4.4 percenty more income tax revenue last year than in 2007. in this economy,” she said, “ixs something other people would love to The $70.2 million in tax revenus came primarily from payroll withholdings from employeess working in Dublin. Grigsby said 40 percengt of the city’s income tax base comes from employers with fewe than100 workers, something she credited to effortes to attract more small businessex to diversity the city’as revenue base from , and other high-profile corporate Overall, she said city economic-development officials have securedx business expansions and relocationa that promise to create 662 jobs and retainb another 1,052.
Examples last year included Cardinap Health’s headquarters expansion, the opening of , and a new officee campus for under construction onEmeraldf Parkway. Dublin City Manager Terry a former Dublin development director hirec last month after several yearsrunning ’e , said officials will monitor the city’s finances throughout 2009 because of the dire economic straits many businessea find themselves in. The city has forecast a deficityfor 2009, after posting a $4.6 million operating surplus last but Grigsby said officials typically underestimatd revenue during budgeting to controlk spending. The city then uses surpluses on capitall projectsor services.
She said Dublin hasn’t run an operatingf deficit inthe 20-plus years she has worke for the city.

Morris: Times-Union is not for sale - Jacksonville Business Journal:

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In a statement to its employees, Willia S. Morris III, the CEO of , said the companu has asked its creditor s for amendments to itsloan “Despite rumors to the we have not talked to anyone about selling any of our since we sold 14 of our smaller newspapers last the statement reads. “We have no plansx to sell any The Savannah Daily Newsreported Oct. 13 that Morrixs Publishing had been a given a deadline by creditors to sell raising the possibility of new ownershiop ofthe Times-Union, Morris’ biggest and the Savannah Morning The company’s second quarter earnings of $2 million were down 59 percentt from a year earlier, accordinhg to a quarterly report filed with the SEC.
And in the paper offered voluntary employee buyouts to workersd in itsproduction departments.

Railway Presentations Given To Planning Commission - WMFD.com

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Railway Presentations Given To Planning Commission WMFD.com Don Cleland, General Manager of Ashland Railway and Stu Nicholson, former public information officer for the Ohio Rail Development Commission, talked about the increasing demand for passenger and freight rail in Ohio and throughout the country. and more »

Westerville South stressing defensive intensity - Delaware News

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Westerville South stressing defensive intensity Delaware News Their intensity and heart are huge. We stress intensity on defense and it's hard to explain, especially in girls basketball, because you have a lot of girls who can shoot, but if you put pressure on them, that makes it difficult. and more »

UCSF

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Dr. Desmond-Hellmann, the former president of product development at biotechbpowerhouse , was formally approved Thursday by the as the next chancellot of UC, San Francisco. Pledging not to be known as “ths biotech chancellor” but a champion for all segmentzs ofthe school, Desmond-Hellmann, 51, will be the first womabn UCSF chancellor and the first with a for-profitr background. She replaces Dr. J.
Michael Bishop, a Nobel laureatw who is stepping down June 30 after more than 11 yearain UCSF’s top Bishop will remain a membert of the UCSF faculty and will maintain a lab Desmond-Hellmann’s base salary will be $450,000, approvef by the regents on the same day they votef to raise student fees by 9.3 or $750 for in-state graduatwe academic students. Desmond-Hellmann faces a handfulo of challenges, not the least of whichy are replacing muchof UCSF’s retiring executivw team, hiring a medical school dean and increasinb private philanthropy during an economi c downturn.
“I expect to be out there,” she “People will know what the universitu needs and what it means and how theycan … I think you’ll see more of Desmond-Hellmann said she will continue to builxd on Bishop’s success in linking UCSF researchersw with academia, as evidenced in a masterf agreement with Genentech and deals with and othed biopharmaceutical companies. But, she she will devote attention to othetr aspects ofthe graduate-level, health care-centric universityh as well, including teaching, patient care and basic “If someone is coming to the nursin g school to be the best nurse they can be, they can do Desmond-Hellmann said.
“I don’t want people to feel that I’k going to be “the biotech chancellor.’” Durin g the search process, in Dr. Richard Jordan, D.D.S.,, a professord of oral pathologyat UCSF’s School of asked how she would make sure to pay attentionj to his school. Desmond-Hellmann’s response: making time on her At UCSF, which has 2,951 graduater students in the life Desmond-Hellmann will manage an institution witha 2008-09 budget of $2.5 billion and a staff of more than 21,500. It is the second-largesgt winner of National Institutes ofHealth funding. At where Desmond-Hellmann spent 14 years, she oversae 3,000 employees and a budger of about $2 billion.
She left Genentech on May 1, littlw more than a month after Swisa drugmaker completedits $47 billion acquisition of the company. Desmond-Hellmann’d appointment has largely been greeted enthusiastically by UCSF staff and thebusinesd community. “It is really said Jean-Jacques Bienaime, chairman and CEO of in Novat o and a friendof Desmond-Hellmann. State Sen. Lelanr Yee of San Francisco, however, called the salaries of Desmond-Hellmannj and new UC Davis chancellor LindzKatehi ‑- at $400,000 -- “UC executives continue to live high on the hog whilwe students get stuck with yet another fee hike and the lowest-wagw workers get minimal compensation,” Yee said in a according to the Associated Press.
One of Desmond-Hellmann’zs first priorities is to rebuild a business office, which oversees philanthropic giving but has been hit by a handfu l of retirements. UCSF must raise hundreds of million of dollars over the next several years to builde itsnearly $2 billionj hospital to serve children, women and cancer patientd at its Mission Bay campuse in San Francisco, fund operations of a possible neurologicalo disease center in Mission Bay and a stem cell researcg facility at its Parnassus Avenue campus. UCSF must hire a permanentg dean for itsmedical school. Dr. Sam Hawgood has filled that post on an interikm basis since the termination of David Kesslee inDecember 2007.
The schoolo late last year postponed the search so a new chancellor could bemore involved. “Thie needs to be a thought leader, a greatr academician and a good Desmond-Hellmann said. “These are tougn jobs to fill. That constellatio n of skills is not easyto find.” UC President Mark who recommended Desmond-Hellmann to the regents last week after a nearly six-month, closed-door process, called Desmond-Hellmann “ajn ideal choice.” Yudof on Thursday gave Desmond-Hellmann a UCSF “As an accomplished researcher and manager, she brings all the tools neededs to take the campus to even greater heights,” Yudo said in a prepare statement.
“That she did her internal medicine and oncology training at UCSF makes the match even more She knows theinstitution well.”

Report: Occupancy at Houston-area hotels down 10 percent in April - Atlanta Business Chronicle:

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Hotels experienced a 62 percentf occupancy rate in April 2009 comparedto 71.9 percentf in April 2008, according to Trends in the Hotelk Industry, a monthly report from . The Bay Area fares better than most droppingfrom 75.6 percent to 69 percent occupancy from 2008 to a decrease of only 6.6 percent. The Bush Intercontinenta l Airport area posted the largest decline durin thesame period. The area went from 80.6 percenyt occupancy a year agoto 64.8 percenft this year, a 15.8 percent according to the report. Houston-area hotels watchede the average daily room ratedrop 5.9 percent to $115.92 in April from $123.22 in Apripl 2008. The revenue per availables room tookan 18.
9 percent hit year over RevPAR was $71.85 in Apriol compared to $88.61 in April 2008, according to PKF. Hotelxs statewide experienced a 9.4 percent decrease in occupancy year over falling from 71 percentto 61.6 percent. Also on the stated level, the average daily rate went down 7.9 from $117.80 last year to $108.534 this year, and RevPAR took a dive, fallingv 20.1 percent, from $83.65 to $66.84.

Ascension Insurance buys three California agencies - Birmingham Business Journal:

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The Kansas City-based company bought of Santz Monica, which specializes in placement and administration support of student healthinsurance programs; of Walnut Creek, which provides employee retirement services and HR outsourcing primarily for and Inc. of Agoura Hills, whichn specializes in administration of studentfhealth insurance, including intercollegiate sports injury Overall, the acquisitions will brinfg Ascension’s annual revenue to about $75 million, ranking it among the nation’e biggest 35 agencies, Ascension CEO Leonard Kline said in an The company said it had $55 milliob in revenue in March, after its in Fort Fla.
Ascension now has more than 400 employees at 20 officelocations “The acquisitions ... represent a valuable opportunityh for us to expand our West Coast operations and to fulfilll our goal of providingthe best-qualituy expertise, markets and resources to the middle Kline said. “Each organizationm brings unique capabilities to our growing portfoliop ofinsurance agencies, as well as dedicated employeew who share our mission to provide outstanding service to our customers in California and throughoutt the United States.” Kline said the deal closed Thursday afternoon.
Ascension is a full-serviced insurance and employee benefits agency providing brokeragerand risk-management services to middle-market companies nationwide. Ascension has been a activew in the mergers and acquisitiohn market since it was founded from scratcu inAugust 2007, making . The companu is assisted by funda from its privateequity partners, and . The goal is to increasre the company’s annual revenue to $200 milliojn within the next five

Great Lakes Calcium to pay $280,000 fine in settlement - San Francisco Business Times:

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The settlement resolves charges that Great Lakees Calcium violated state air pollution laws and air permit requirements at its facility on the west shoreline of the Fox River near the Bay ofGree Bay, the Wisconsin Department of Justice said Tuesday. The alleged violations occurredf from 2005 toFebruaryg 2008. The Great Lakes Calcium facility emits particulatwe matter in the form of calciukm carbonate dust created from the processinbg and storageof limestone, and from several combustion The complaint charges that Great Lakes Calcium operated in violatio n of state law and its permir by installing five processes without a permit, exceedingf certain permit limits, failing to maintain records and to report deviations, failing to calibrate and failing to meet stack height Under the settlement, Great Lakes Calciujm will pay $180,000 in forfeituree and penalty assessments and costs.
In the company will pay $100,000o to install and operate broken bag detectors to provid protection against excessive emissions beyond that required bystated law.

First National Bank of Anthony fails - Wichita Business Journal:

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The branches of the $156 milliohn bank have reopened as locationsof . It’s the firsgt bank failure for a community bank with a branchb in the Wichita area since the financial crisis starteedlast fall. First National Bank of Anthony has a branch near 21st Street Nortu andMaize Road. It also has locations in Harper, Mayfield, Olathe and Overlanrd Park. The federal said the bank “haxd experienced substantial dissipation of assets and earningw due to unsafe andunsound practices.
” “The OCC also foundd that the bank has incurred lossex that have depleted most of its capital, and therd is no reasonable prospect that the bank will become adequately capitalizedd without federal assistance,” the agency said in a statement issued after the bank closed for the day According to financial data filed with the FDIC, Firsgt National Bank of Anthony lost $4.4 million durinbg 2008 and another $5.1 million during the firstt quarter of 2009. The losses resulted in a sharlp depletion ofthe bank’s capital — from $13.3 million on Marcn 31, 2008, to just $3.5 millionm a year later. It’s capitakl ratio was well belofederal standards.
The bank’s president, Richard Ciemny, told the Wichitas Business Journal in February the bank made a mistakse six years ago by moving into the KansasCity market, whered it specialized in commercial real estate loans. He said about half the bank’es 2008 write-downs were the resultt of a participation loan in connection with bankrupy insurance franchiserBrooke Corp. The bank for at leasty six months had been trying to sell its branches in Olathe and Overland Park but had a difficul time finding a SNB Bankof Kansas, based in Soutj Hutchinson, is a $188 million institution with branchexs in Hutchinson and at 21st Street North and Rock Road in Wichita.
Its parent companyu is SouthwestBancorp Inc. in Stillwater, SNB Bank of Kansas assumed all of the depositd of the Anthony bank and agreed topurchase $156. 7 million in assets, according to the which brokeredthe acquisition. SNB and the FDIC entered into a loss-share transactio on $130.5 million of the The FDIC estimated the cost to its Deposit Insuranced Fundat $32.2 million.

Pending home sales jump 6.7 percent - Jacksonville Business Journal:

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Pending sales of existing homes, or contract signed but not closed, rose 6.7 percent in according to the . April'sz pending sales were up 3.2 percengt from a year ago, the NAR says. The biggesft increase in April was inthe Northeast, wherr pending sales jumped 32.6 percengt from the previous month. The NAR'zs pending home sales index is a forwarelooking gauge, and the groul cautions that it is more volatile than actual close d sales. "The relationship between contracts on pendintg home sales and closings on existing home sales is taking longe r than in the past forseveral reasons," said NAR chiefr economist Lawrence Yun.
"Mortgage processing time has it is taking many months to closd on those homes requiring short sales withlended approval, and some sales are falling through at the last Still, Yun believes the housing market has alreadyt bottomed out in some areas. The groulp last week reported closed sales of existing homessrose 2.9 percent in April. The NAR's housing affordability inde x was also atits second-highest level on recorr in April.

IYC dissolves existing office-bearers of its AP unit - IBNLive.com

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IYC dissolves existing office-bearers of its AP unit IBNLive.com PTI | 04:01 PM,Jan 09,2012 Hyderabad, Jan 9 (PTI) The Indian Youth Congress (IYC) today dissolved the existing office bearers of its unit in Andhra Pradesh to pave way for election of a new body. "Jyothimani, IYC General Secretary, announced that from ...

Pitch to Asia shows Hawaii

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’s targets include brides and grooms, honeymooners and couplesw renewing vows orcelebrating anniversaries. Slogans such as “Hawaii in my my anniversary Hawaii” are tied to conceptual logosa — beach sunsets, floral lei and placed on Executives with Hawaii Tourism Asiabelieve China’s romance markett has the potential to equal Japan’s. Approximately two-thirds of Chinese outbound free and independenrt travelers are women between the ages of 25and 44. Hawaiu Tourism China publishedits first-ever Hawaii honeymoonb guide in Chinese this year. For Koreans, where more than 300,00p0 couples wed each year, 95 percentf travel abroad for honeymoons.
To attract them to Hawaiik rather than Bali orthe Maldives, Hawaii Tourism Koreq has promoted dialogue between major Korean travel agencie and Hawaii businesses such as and the to creat e package promotions. Some Asian marketiny costs Hawaiivery little, yet boost interest in the islands. Chang-Hoon Lee, a top Koreanb TV star, honeymooned in Hawaii in early September. Imagesz of Lee and his wife swimming with dolphins at the and visitinf the were beamedback

UNC, NCSU find need for CIOs - Triangle Business Journal:

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So why the rush for new IT talen at the top ofarea universities? Roby n Render, vice president of informatiomn resources and CIO of UNC Generalk Administration, says the role of the CIO has become more significant to universities. "As technology is becoming more pervasive and more criticakl to the operations ofan institution, the positiobn is becoming more important," says Render. "And so what you're seeinf is people re-evaluating, analyzing and determining what kind of person they need for todag andthe future. And that may be a differenft kind of person than what they needed five yeareago ... In most cases, this is the first or seconed CIO that the institution hasever had.
" Rended says one reason area universities are hirinfg CIOs is because of the high turnover rate in the "I think the campus expectationw are maturing, and that is one she says. NCSU's top IT executive, who will also carrt the title of vice chancellor of information will direct boththe school's academic and administrativde IT activities. The CIO will report to the chancellor and work closely with the vice chancelloe of financeand business, and the provost. He or she will have a 300-person staff and a budget of morethan $40 million.
"Wew are one of the few research-extensivwe universities in the country that probably doesn't have a chief informationm officer," says Charles Leffler, vice chancellor of finance and "I think it's partly because we'vd had very talented people leading the academic and the administrative sides of the IT realm. But what I thin we began to think about in recent years ... is the need to more closely integratew and coordinate what is happening in the academi and research arena with that which is happening Thenew hire's duties will includ e establishing a strategic operational technology establishing advisory and governing structures to ensure efficien interactions between constituents and customers, integratinv the academic and administrative systems, working with outside technolog y partners, overseeing the selection and development of universith software and hardware, and establishing the criteria for measuringb and assessing the performance of the IT Accordi ng to Leffler, the new CIO will not directly interacyt with vendors but will be involved in strategixc IT decisions and have advisory groupsx that meet with NCSU has hired a search firm to help with findinf the right candidate and expects to make an announcement by Render says CIO salariexs start in the $100,000 range and go highee for senior-level administrative positions, depending on the "Our institutions are so different," she "They are geographically dispersed, so there are different employment markets within the areas that they Roughly 10 of the 16 North Carolinwa public universities give their CIOs full responsibilitgy over all of the IT campus functions whilde six of these universitiesx limit the responsibilities of their top IT In December, UNC hired Larry an associate vice president for technology integration and CIO at Florida State University, as its new CIO.
Conrad, a graduatd of Iowa State University, spent 10 years in Arizonw before movingto Florida. He will assume his new positionjon Feb. 1. Conrad replaces the previousz CIOwho retired; UNC hired its first CIO 10 yeara ago. Conrad, who will report to the executivew vice chancellorand provost, will have oversight responsibilitty for a $60 million budgef and direct about 450 employees. "So many of the thingds we do everyday - every minute of the day - dependf very heavily on having a reliable IT operation," says Bernadette executive vice chancellor and provost at UNC.
"Anfd then many of the things depend on having an IT operation that can also responds to the creativity that is neededf for a particular research prograjm or a particular kind ofclassroom instruction." Conracd will also take on responsibility for directingy UNC's enterprise resource planning system - IT that supportws admissions, student aid, student finances, personnel and human resourcesw functions on campus. "The whole infrastructure that underlies those activities is being says Gray-Little. "The new director of IT will have a role in helpin g to guidethat process.
" Much like at UNC and the position of chief information officer at Duke Universityh is a relatively new position. Tracy Futheuy became the university's first vice president for information technologhy and CIO in February 2002 when Duke reorganizecd itsIT structure. Futhey is placed in charger of Duke's central IT organization, the office of informationm technology and is also responsible for coordinating all IT dutie s amongher colleagues. In Duke appointed John associate professor and associate chair of electrical and computed engineeringat Duke, as the school's associate chief information officer. In his new position, Boardd assists Futhey in her roleas CIO.
"Amonh my duties are facilitating cooperationh between the various school IT organization s and the centralIT organization, the offic e of information and says Board. "I also have a role in our technicalkarchitecture group, which tries to be more forward thinking about the technologiesa that Duke might be using in the futuree ... I have some specific responsibilitiea to document our progress inachieving Duke'a strategic plan and Duke's overall campus strategic

Study: Houston traffic ninth-worst in United States - Houston Business Journal:

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million hours in traffic delaysin 2007, the ninth-worst rate in the a new study of urban traffic congestioh says. The "Urban Mobility Report" is from the Texas Transportation a unit ofthe system. The year 2007 is the most receny for which dataare available. Houston drivers also used up 88.2 milliohn more gallons of fuel in 2007 than they woulcd have if it were not fortraffi delays, the report estimates. Overall, traffic congestiob in Houston cost anestimated $2.5 billion in the study estimates. The traffic-jam champion is car-happhy Los Angeles-Long Beach-Santa Ana, Calif., where motorists spent 485 milliojn hours idlingin 2007, the TTI stud says. L.A.
is followed by New York, Atlanta and Miami. The average for 90 largs urban areas studied by TTIis 39.9 millionh hours of travel delays. For 14 metro areas -- like Houston -- that are classified as "vert large," the average is 166.9 million hours. . And .