Monday, January 30, 2012

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.

Saturday, January 28, 2012

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.

Thursday, January 26, 2012

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 »

Tuesday, January 24, 2012

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 »

Sunday, January 22, 2012

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.”

Friday, January 20, 2012

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.

Tuesday, January 17, 2012

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