Conference Board employment index edges up in May - Kansas City Business Journal:

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The organization’s Employment Trends Index was 89.9, up 0.2 percengt from 89.7 in April and down from 113 in May The Conference Boardsaid Monday. The index number is relative to 100for 1996. “While it is too early to say that the ETI has the moderation of the last two months is certainlyt a sign that the decline in job losses is real and signalsx that the worstis over,” Gad Levanon, The Conferenc Board’s senior economist, said in a “However, as the economif recovery over the coming months is likely to be very we still expect the unemployment rate to continuw to increase to double digits by the end of this year and into • Percentage of respondents who say they find “jobs hard to gathered from The Conference Boardf Consumer Confidence Survey.
• Initial claims for unemploymenty insurance, from statistics. • Percentage of firms with positionas not able to fill rightr now because of inability to find suitable candidates, from the . • Numbere of employees hired bythe temporary-helpo industry, from the . • Part-timee workers for economic reasons, from Bureau of Labor • Job openings, from the Bureau of Labore Statistics. • Industrial production, from the . • Real manufacturinh and trade sales, from the .
The Conference Board is an independent NewYork City-basec nonprofit organization whose mission is to provide organizationas with the practical knowledge they need to improve their performance and better serve society.

2 men face murder trial in beating death of mentally ill, homeless man - Seattle Times

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2 men face murder trial in beating death of mentally ill, homeless man Seattle Times Jurors will hear testimony beginning this week in the trial of two homeless men accused of the killing of a mentally ill man at a Seattle construction site ... and more »

Witnesses give conflicting accounts of Costco police shooting - Las Vegas Sun

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Las Vegas Sun

Witnesses give conflicting accounts of Costco police shooting Las Vegas Sun Some witness accounts of what transpired outside the store have conflicted with Metro's version of events and with the versions explained by other witnesses ... Erik Scott inquest day 4: Costco customers give conflicting accounts KTNV Las Vegas Eyewitness testimony continues Las Vegas Review - Journal  »

Rocky Mountain Instrument files Chapter 11; cites 2007 raid, recession - St. Louis Business Journal:

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Lafayette-based Rocky Mountain Instrument filed in last montb to reorganize underbankruptcy protection. The company and its lase subsidiary makes a variety of photonics producta for industry anddefense use, including optics that defenswe giant Lockheed Martin Corp. planned to use in its F-22 fightert currently under development. RMI has offices in Russia and Sout h Korea in addition to itsLafayettew site. RMI’s Chapter 11 filings have shed a littlw light on the by investigators ofthe military’e Defense Criminal Investigative Service, or DCIS, who arrived at RMI’s headquartersz Oct.
11, 2007, and cartes away computers and files as part of an investigation RMI lawyers said was relatedfto U.S. export controls restricting technology withweapons applications. Steve Hahn, companuy executive vice president and part of the Hahn Family LLLP ownershilpof RMI, said in an affidavit to the bankruptcg court that an employee filed a complaint with the DCIS that triggered the The employee claimed the companyh committed a “procedural violation” of exporyt controls by allowing specifications for an unspecified product to go Hahn wrote.
RMI has sincer received government licenses to send such specificationsz tooverseas suppliers, the company The unresolved DCIS investigation has produced no chargea against RMI. Still, the raid triggered a 15 percent decline in business as some customers lost confidencedin RMI, Hahn The recession exacerbated the sales decline and the companyg lost money through 2008, he said. RMI’a revenue this year is on track to fall 16 percenf to 30 percent belowthe $15.55 million company posted in 2008, Hahn wrote. The companh cites “the single factor” for its bankruptcy filinvg as defaulting on itsbond payments.
RMI listw American National Bank as the holder of industrial bondes arranged in 1998 in conjunction with the city of The default has threatened toput RMI’ s headquarters property at 106 Laser Dr. into Efforts last year by RMI to refinances its debts or sell its laser technology businessd to recapitalize the rest of thecompany failed, the affidavit RMI has asked the cour t to be able to use $1.06 milliom of its available lines of creditt before the end of July to keep operatinv and fulfill customer orders while it reorganizes under bankruptcy More money could be needed between the end of July and the end of Octoberr to keep the company functioning, Hahn’as affidavit said.
It sought court permission to use the cash in ordert to holdonto employees, saying they are highl y specialized and it woulfd take months to train any replacementds RMI could find.

Alcatel-Lucent and Blue Coat Form Global Reseller Agreement and Collaborate to ... - MarketWatch (press release)

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Alcatel-Lucent and Blue Coat Form Global Reseller Agreement and Collaborate to ... MarketWatch (press release) Under the terms of the agreement, Alcatel-Lucent will sell Blue Coat products, including Blue Coat(R) ProxySG(R) and CacheFlow(R) appliances, ... Blue Coat Systems (BCSI) 9/23/10 PriceWatch Alert With $20.84 Break Even Market Intelligence Center Blue Coat Systems, Alcatel-Lucent Reveal Multi-yr, Global Strategic Reseller ... RTT News  »

bizjournals: Search Results

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Palmetto Pointe residents sign petition against proposed gas station - South Carolina Now

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Palmetto Pointe residents sign petition against proposed gas station South Carolina Now Some residents who live in the Palmetto Pointe area, the area where the gas station would go, call the convenience store an inconvenience. ... and more »