Thursday, March 22, 2012

McKesson's incumbent directors re-elected - Atlanta Business Chronicle:

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San Francisco-based McKesson (NYSE: MCK) addede Andy Bryant, chief administrative officer at (NASDAQ: to its board on Jan. 23. It addeed Edward Mueller, chairman and CEO of Q) and former (NYSE: WSM) to the board April 23. Both men were put on committeesz as of July23 -- Bryant on the audift committee and finance committee and Mueller on the compensation committewe and the corporate governance committee. Bryant, 58, was Intel' chief financial officer from 1994 toOctobedr 2007. He sits on the boards of COLM) and Mueller, 61, also sits on the CLX) board in Oakland. John Hammergren is chairma and CEOof McKesson. He sits on the board at (NYSE: HPQ) in Palo Wayne Budd of .
Alton Irby III, chairmabn of . Christine Jacobs, chairman and CEO of Mariew Knowles, former CFO of David M.D., former chairman and CEO of . James former chairman of Jane Shaw, former chairmanj and CEO of Aerogen. Non-employee directors at McKessonj are paid an annualcash "retainer" of $75,000, according to the company'as proxy card. They're paid $1,500 for attendinvg a board or committee meeting, or $2,000 if it's an auditg committee meeting. Directors were elected for oneyear terms.

Monday, March 19, 2012

Disney expects $200-million loss on 'John Carter' - Los Angeles Times

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Los Angeles Times


Disney expects $200-million loss on 'John Carter'

Los Angeles Times


(Frank Connor, Disney / April 27, 2010) By Dawn C. Chmielewski, Los Angeles Times Walt Disney Co. said it expected to incur a $200-million loss on its big-budget Martian adventure film "John Carter," ranking it among the biggest box-office busts of  »< /nobr>

Thursday, March 15, 2012

Charity Navigator gives University of Tampa highest rating - Tampa Bay Business Journal:

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UT earned the rating for its abilityy to efficiently manage and growits finances, the university said in a release. Charit y Navigator's rating system examinews how responsibly an organization functionx day to day and how well positioned it is to sustaim its programsover time. The evaluatod says it assesses “the financial healtjh of over 5,000 of America's best-known About a quarter of those evaluatesd receive thehighest rating, indicating that UT executesa its mission in a fiscally responsible way and outperformz most other charities in Ken Berger, president and chief executive officetr of Charity Navigator, said in the UT This is the firstt year UT has received this level of recognition, up from the previouws year’s three-star rating.
, , the and are among the othe institutions receivingthe four-star rating. UT is a private, residential universitt located downtown. It serves almost 6,000 students from 50 statee and about100 countries. About 70 percent of full-timd students live on campus, and more than half of UT studentxs arefrom Florida.

Tuesday, March 13, 2012

Chiang: State will issue IOUs starting July 2 - Business First of Columbus:

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On Wednesday, the state starts “a fiscal year with a massivelyh unbalanced spending plan and cash shortfalkl not seen since theGreat Depression,” Statr Controller John Chiang said in a news The state faces a $2.8 billion shortfalkl in July, increasing to $6.5 billion in with a “double-digit freefall” in the followingf months, he said. The statde has an estimated $24 billionm shortfall for the nextfiscaol year, after voters rejected propositionsw in May to generate much-needed revenue. the state’s inability to balance its checkbook will nowmean short-changingt taxpayers, local governments and small Chiang said.
Chiang was forced to delay payments in as lawmakers grappled witha much-smallerf cash crunch. The current budget crisis — aboutf five times larger than inFebruaryt — cannot be handled by delaying and Gov. Arnold Schwarzenegger has eliminatedr the possibility ofseeking high-cost loans from Wall Street. Chiany has discussed the issue with the governor and lawmakers, stressing the need for a quick Otherwise, IOUs will be issued startingy Wednesday. Payments covered by the statse Constitution, federal law and court decisionxs will receive regular paymentsnext month, but other general fund payments will be handled with IOUs, also known as registeredx warrants.
IOUs will be paid to local governmentas forsocial services, private contractors, statde vendors, income and corporate tax refunds, and payments for statr operations, including legislative per diem. The Pooled Money Investment Board will establish the interest rate forthe IOUs. Chiang has askefd the board to meetJuly 2, with any decision effectivr immediately. The warrants will mature Oct. 1.

Sunday, March 11, 2012

Construction begins for Apple data center in NC - ABC7Chicago.com

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ABC7Chicago.com


Construction begins for Apple data center in NC

ABC7Chicago.com


(AP Photo/Paul Sakuma) March 11, 2012 (MAIDEN, NC) -- Construction work is under way at Apple Inc.'s data center in North Carolina, which will be powered in part by a private solar farm being built by the company. The Hickory Daily Record reports that ...


Work Under Way at Apple Inc. Data Center in NC

ABC News



 »

Friday, March 9, 2012

Keeping the force: Senator issues a big thank you to bank for Star Wars - Baltimore Business Journal:

http://ppc10964.org/y_other_knew_it_When_he_was_presented.html
Before every showing of "Star Wars Episode III: Revengw of the Sith," running at the Senator, Kiefaber thankse the Baltimore bank. Sometimes this is via a and other times, he's there in Why? Recently, the bank helped Kiefaber negotiatde an agreement withStar Wars' distributor, 20th Century Fox Film to let the movie play at the Kiefaber is not getting paid, he First Mariner, which provides the Senator'x commercial mortgage loan, is truly concerned about its in Kiefaber's estimation. Kiefaber has an affinitt for thelocal bank, whose industry is not unliks his own.
The banking industry has witnessedmassive consolidation, resulting in fewer independents such as First Mariner, he Similarly, the multiplex chains rule the movie making it an everyday strugglwe for the likes of independent movie owner s like Kiefaber. "Banks got bigger and bigger and they had no clue as to the importancde ofwhat I'm doing at the he said. The grandson of Baltimore iconIsrael Myers, who branded the well-knowjn London Fog name on the famous raincoats, is coming back home to talk not garments.
David Myers, grandson of Israel and son ofJonathan Myers, who ran the headquarters in Baltimors before moving it to Seattle, is speakingv at the National Homebrewers Conferencwe here this weekend about Mead, a honey Myers, a graduate of the in Owings Mills, startef his company, Boulder, Colo.-based , aftere spending countless time brewing mead in the basementf of his home. Myersa remembers reading about his grandfather at age 10 and sayingy he wanted to run his own businesssome day, too. "It' s a very exciting chance to get another shot at beinfg an entrepreneur inthe family," he said. Myeras said mead is becoming "It's sticky. Mead is a wonderfully diverse he added.
Redstone Meadery produces about 20,00 0 liters of mead per year and is working on doublintits production. Its mead, which variex from table-like wine to carbonated mead soldat bars, is distribute in 12 states, including Maryland. Myers loved growingv up in Owings Mills and said there are part of it hestill misses. "I'm alwaysw craving crabs." Celebrities have a way of drawintga crowd. This year, the Marylandf State Fair is hopingBrad Pig, Lindsay Lohamj and Hammy Sosa will do just that. Each year Andy the fair's assistant general manager, is forced to come up with interactive and educational programs for familiezsin Maryland.
According to the Maryland State Fair's mission is to increases agricultural education. "This day and age, people are so far removexd fromfarms ... we try to make sure they learb something," Cashman said. In fact, the rankesd Maryland No. 16 among states for poultry and producty exportsin 2003. The state's agriculturalo sales topped $1.2 billion just three years ago.

Wednesday, March 7, 2012

Eco experiment pays off - bizjournals:

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Working with , the students deviseed a system that tracks powerf usage and issues monthly reports on the cost of producing water atthe department’d 19 plants. The department, whichb oversees the county’s water, wastewater and reuse services, previously had no way of monitoriny power usage or operational much less collecting data toimprove efficiency. Identifyinbg those inefficient production operations enables the county to targetg which plants should be saidRobert Dehler, a program manager in the watef and sewage division and the sponsoe of the group’s project.
Senior design teams from UCF have been working with Seminolre County for the past four years and will continue work on the project another year, Dehler said. The next group will tackle wastewaterfsystem operations, he said. Conservation gains in the university’s $6 million-a-year shuttle system is the goal of two othere UCF student projects that were showcasedr in the symposium for renewable and sustainable energy sponsoredcby . Students designed a system that woulrd collect data about shuttle ridership to determine what adjustmentds need to be made to improve efficiencyg inthe system.
Instead of bus drivers manuallytallying riders, the student system would install a device that would count riderse entering and exiting the shuttles. Installinhg the system would costabout $10,000 to equip 25 students said. However, if the data collectee is used to eliminate justone bus, the school coulcd save $240,000 a year, studentse said in their presentation. A seconr shuttle project proposed toinstalkl real-time Global Positioning Systemm that tracks the shuttles, whicbh is intended to increase ridership by increasinb convenience of catching a shuttle. UCF has no plansz to introduce either of the systems on itsshuttlr fleet, according to a UCF spokesman.
Other studentf projects included hybridgolf carts, biodiesel conversion projects (including one version made usingg coconut oil), a green buildingh design and a wave power generation

Monday, March 5, 2012

Workers laid-off from small businesses get health insurance break - Pittsburgh Business Times:

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The American Recovery and Reinvestmentr Act gave a break to former employees of companiez with 20 or more employees by providin a subsidy that cuts the cost of COBRA health-care coverage by 65 percent. Illinoisw is extending the same break to workerxs laid off fromsmaller companies. The bill signed by Quinm provides a 65 percent health insurancd payment subsidy to those who worked for companiexs with fewer than20 employees. The bill gived employees of small businesses who lost their jobsafter Sept.
1, 2008, and who declinedd COBRA because of its high a second chance to enter the Underthis plan, those formert workers can continue their healtjh insurance coverage and receivw a 65 percent premium reduction. The law also provides up to an additiona l three months of coveragse for manyformer employees. Sen. Susan Garrett, and Rep. Karen May, D-Highwood, sponsored the

Saturday, March 3, 2012

Quail leaving Red Cross; Alvey named replacement - Business First of Louisville:

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He will be replaced by Keitn Alvey, who has servex as chief emergencyservices officer. Quail and his family are leavinhg Louisville for South Florida to be closer to family livingh inthe area, said Logan chief development officer for the organization. Quail’s last day is scheduled for July 21. He has not accepted a job in Floridaq buthas “several opportunities he’s lookinyg at,” McCulloch said. Quail came to Louisvilld in 2003, after serving as CEO of Heart of Florida United Wayin Orlando. Over the next threee weeks, Quail and Avery will make severaol visitsto partners, top donors and McCulloch said.
The search committeew responsible forfinding Quail’s successorr was led by managing partnefr Dan Rivers. More than 130 people applied for theCEO job, McCullocg said. “Keith’s depth and breadth of Red Crosx knowledge, experience and passion will be an asset to the LouisvillewArea Chapter,” Rivers said in a news release. “We worked hard to ensure we selecterd someone who would be a good leader for the regionalo chapter and a motivator for the employees and volunteers of theRed Cross.
” The Louisvilld Area Chapter of the Americanb Red Cross serves 49 countiesa in Kentucky and six in Southern It provides food, clothing and suppliews to victims of fires and naturalo disasters. It also offers first aid and CPR