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  • Collin County Top 50: See the highest-paid county employees and what they do

    National Business News - Local Business News | bizjournals
    Erin Amburgey-Sood
    1 Sep 2015 | 8:35 am
    Are you interested in how local tax dollars are spent on city and county pay? Now you can explore the most comprehensive local tool for city and county public salaries with the Dallas Business Journal's new searchable database. The data is derived from information compiled using the Texas Public Information Act and covers everyone from county clerks to city managers. Flip through the slideshow for a look at the Top 50 highest-paid employees for Collin County. Search the database below for other…
  • Aubrey McClendon teaming with Vicente Fox to drill in Mexico

    Business News from the Midwest - bizjournals.com
    Tom Knox
    1 Sep 2015 | 8:25 am
    Aubrey McClendon is teaming up with the former president of Mexico to drill for oil and gas south of the border. What was an anomaly two weeks ago is now becoming a trend. McClendon, the U.S. shale wildcatter who helped bring Ohio's Utica shale play to prominence, continues going international in his quest for more oil and gas. American Energy Partners LP, the company McClendon founded after leaving Chesapeake Energy Corp. (NYSE:CHK), is targeting shale in Mexico, which could have as much as 60…
  • Study: Seattle drivers are some of the worst in the country

    Bizjournals.com Northwest RSS Feed
    Emily Parkhurst
    1 Sep 2015 | 7:58 am
    You've cursed them. You've shaken your head as they meander between lanes or watched them drive for miles with their blinkers on. You may have even been one at some point. Seattle drivers were ranked some of the worst in the country in a new report out this week from Allstate Insurance. The report found Seattle drivers were worse than drivers in 184 other cities. The ranking looked at 200 cities. Bellevue drivers were slightly better – they were only worse than 174 other cities – and Tacoma…
  • New store brewing in South Austin, and it smells like coffee

    Business News from Southwest US - bizjournals.com
    Jan Buchholz
    1 Sep 2015 | 8:30 am
    The former Popeye's at 516 W. Oltorf St. has been sitting empty for awhile, but there's life ready to percolate at the site. Starbucks Corp. (Nasdaq: SBUX) confirmed that it is opening a new store at the busy intersection at South First Street. "Starbucks is always looking for great locations to better meet the needs of our customers, and we are happy to confirm that we will be opening a new location at 516 W. Oltorf in Austin," a spokeswoman for Starbucks said. So far the only public documents…
  • Developer of planned 4-star University of Maryland hotel lands financing

    Business News from the Northeast US - bizjournals
    Jeff Clabaugh
    1 Sep 2015 | 8:18 am
    McLean-based Capital One Financial Corp. (NYSE: COF) has arranged an $80 million syndicated loan for Vienna-based Southern Management Corp. for its construction of a four-star hotel at the University of Maryland's flagship College Park campus. The 10-story, 297-room hotel is expected to open in 2017. Southern Management will lease the 3-acre property on Route 1 from the University of Maryland College Park Foundation. The hotel, part of the university’s East Campus, will also include a conference…
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    National Business News - Local Business News | bizjournals

  • Collin County Top 50: See the highest-paid county employees and what they do

    Erin Amburgey-Sood
    1 Sep 2015 | 8:35 am
    Are you interested in how local tax dollars are spent on city and county pay? Now you can explore the most comprehensive local tool for city and county public salaries with the Dallas Business Journal's new searchable database. The data is derived from information compiled using the Texas Public Information Act and covers everyone from county clerks to city managers. Flip through the slideshow for a look at the Top 50 highest-paid employees for Collin County. Search the database below for other…
  • Duquesne names director of athletics

    Justine Coyne
    1 Sep 2015 | 8:33 am
    Duquesne University has hired David Harper to serve as its director of athletics, the university announced Tuesday. Harper, who will start in October, currently serves as vice president for advancement at the University of Dayton. Under his leadership, the university raised a record-breaking $66 million, including the largest single individual gift and largest corporate gift in Dayton’s history, according to Duquesne. “It was very clear to me, and to those who met with Dave during the process,…
  • Franklin tech startup looks to London for growth

    Eleanor Kennedy
    1 Sep 2015 | 8:33 am
    Fresh off a $16 million investment round, Franklin-based tech startup LeanKit is looking to London for its next office. Chris Hefley, the company's co-founder and CEO, said about a third of LeanKit's revenue already comes from Europe despite the fact that the company's "never had anybody on the ground tying to make the most of it." So, supported in part by that $16 million raise announced in mid-July, co-founder Jon Terry will move across the pond in a few weeks with his family to start establishing…
  • Insider transactions lead to hope for SunEdison despite stock’s fall

    Brian Feldt
    1 Sep 2015 | 8:33 am
    At least one analyst is encouraged by the fact that SunEdison’s top two executives — and three of its board members — are buying shares of the Maryland Heights-based renewable energy developer. Angelo Zino, an analyst at S&P Capital IQ, has maintained a “Strong Buy” rating on SunEdison even though its stock has tumbled more than 60 percent over the past several months — from $33.46 in June down to $8.80 in late August, with the stock trading at $11.22 a share early Tuesday. Over the…
  • Two Jacksonville restaurants and a food cart closed temporarily for roach, wastewater violations

    Robert Ward
    1 Sep 2015 | 8:32 am
    Two Jacksonville restaurants and a hot dog vendor were closed temporarily last week, the restaurants for roach violations and the hot dog vendor for wastewater issues. • Roma’s Italian Restaurant & Pizzeria, 14965 Old St. Augustine Road An inspector with the Florida Department of Business & Professional Regulation’s division of hotels and restaurants closed the restaurant Aug. 25 because of live and dead roaches and flies in the kitchen. The inspector found at least 18 live roaches: at least…
 
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    Business News from the Midwest - bizjournals.com

  • Aubrey McClendon teaming with Vicente Fox to drill in Mexico

    Tom Knox
    1 Sep 2015 | 8:25 am
    Aubrey McClendon is teaming up with the former president of Mexico to drill for oil and gas south of the border. What was an anomaly two weeks ago is now becoming a trend. McClendon, the U.S. shale wildcatter who helped bring Ohio's Utica shale play to prominence, continues going international in his quest for more oil and gas. American Energy Partners LP, the company McClendon founded after leaving Chesapeake Energy Corp. (NYSE:CHK), is targeting shale in Mexico, which could have as much as 60…
  • Startup pairs young immigrants with seniors to help language barrier

    By Jim Bafaro
    1 Sep 2015 | 8:24 am
    Two life-shaping events formed the foundation of St. Louis entrepreneur Rey Castuciano’s startup, Table Wisdom. The first event happened in 1989, when Castuciano, along with his mother, father and sister, immigrated to the United States from the Philippines. Among the frustrations experienced by the then-15-year-old boy were those that dealt with learning a new language. “My issues were accent and vocabulary,” he said. “It was difficult to maintain a conversation flow. When I tried to converse…
  • Jordy Nelson, Randall Cobb, Davante Adams replace Aaron Rodgers in Associated Bank ads

    Rich Kirchen
    1 Sep 2015 | 8:23 am
    It’s official: Aaron Rodgers no longer is the commercial spokesman for Associated Bank. He is being replaced by the Green Bay Packers receiving trio of Randall Cobb, Jordy Nelson and Davante Adams. Green Bay-based Associated Bank (NYSE: ASB) announced Tuesday the three receivers will participate in “fan and customer engagement activities, a wide range of marketing projects as well as community initiatives”. The bank will launch the new arrangement with the beginning of the Packers' regular…
  • St. Louis Fed’s Bullard says he’s rethinking inflation

    Greg Edwards
    1 Sep 2015 | 8:23 am
    Inflation fell less than expected during the recession, when unemployment was high. It has also risen less in the recovery as employment increased, leading Jim Bullard, president of the Federal Reserve Bank of St. Louis, and other top Fed bankers to reconsider widely held theories on inflation. “There is definitely less confidence, a lot less confidence” about how inflation works, Bullard told The Wall Street Journal during an economic symposium in Jackson Hole, Wyoming, last week. The topic…
  • EXCLUSIVE: Free video visits with doctors? UC Health gives it a shot

    Barrett J. Brunsman
    1 Sep 2015 | 8:19 am
    UC Health is launching a pilot program this month that will enable patients who need urgent care to consult for free with doctors via a smartphone, tablet or desktop computer. Current patients of some primary care doctors will be able to discuss what ails them – and show symptoms if necessary – by using any device with a video camera and an Internet connection. A weight-loss specialist also will participate in the pilot. The first patients are expected to be seen Sept. 30, said Dr. Anya Sanchez,…
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    Bizjournals.com Northwest RSS Feed

  • Study: Seattle drivers are some of the worst in the country

    Emily Parkhurst
    1 Sep 2015 | 7:58 am
    You've cursed them. You've shaken your head as they meander between lanes or watched them drive for miles with their blinkers on. You may have even been one at some point. Seattle drivers were ranked some of the worst in the country in a new report out this week from Allstate Insurance. The report found Seattle drivers were worse than drivers in 184 other cities. The ranking looked at 200 cities. Bellevue drivers were slightly better – they were only worse than 174 other cities – and Tacoma…
  • Shorty's, Rocco's, Tula's buildings slated for redevelopment, new Belltown apartments

    Emily Parkhurst
    1 Sep 2015 | 7:47 am
    An Atlanta real estate development company is planning a 124-unit building at the site where Tula's Restaurant and Jazz Club, Rocco's and Shorty's are located in Seattle's Belltown neighborhood. The buildings where the three popular restaurants and bars, including Shorty's, which is a Cony Island-themed pinball bar, will be demolished as part of a plan to redevelop the sites at 2214, 2216 and 2224 Second Ave. Wood Partners, which has a Seattle office, is a reportedly planning a new building on…
  • Portland senior care facility sold for $6.7M to Tennessee trust

    Andy Giegerich
    1 Sep 2015 | 7:36 am
    A Portland senior living facility has changed hands. Golden Age Senior Living was one of two companies that National Health Investors (NYSE: NHI) purchased. Golden Age sold for $6.7 million. The company also bought a Roscommon, Michigan facility for $6 million. "These acquisitions are representative of our desire to continue our practice of partnering with strong regional operators,” said Eric Mendelsohn, NHI’s president and CEO, in a release. The 40-bed Portland spot was renovated in 2010…
  • Oregon's senators want corporations to disclose political gifts

    Andy Giegerich
    1 Sep 2015 | 7:18 am
    Oregon's two U.S. senators joined 42 of their peers in calling on the Securities and Exchange Commission for tighter transparency rules. Essentially, Jeff Merkley and Ron Wyden want public companies to disclose political spending to their shareholders. The call comes five years after the Supreme Court’s 2010 Citizens United decision. "The Citizens United decision unleashed unlimited corporate spending into American elections," the senators said. "Without requirements for disclosure, that spending…
  • Rainstorm ahead: Kirkland company's new big data system predicts bad road conditions

    Emily Parkhurst
    1 Sep 2015 | 7:06 am
    Hundreds of cars turning on their windshield wipers at once likely means it's raining. Multiple cars using traction control can be an indicator of black ice. Combine that data with information about the weather and the location, and Inrix has developed a way to predict driving conditions and alert drivers. The Kirkland traffic data company already collects anonymized data provided via systems embedded in many new cars. That data feeds into Inrix's big data system, which crunches the numbers and…
 
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    Business News from Southwest US - bizjournals.com

  • New store brewing in South Austin, and it smells like coffee

    Jan Buchholz
    1 Sep 2015 | 8:30 am
    The former Popeye's at 516 W. Oltorf St. has been sitting empty for awhile, but there's life ready to percolate at the site. Starbucks Corp. (Nasdaq: SBUX) confirmed that it is opening a new store at the busy intersection at South First Street. "Starbucks is always looking for great locations to better meet the needs of our customers, and we are happy to confirm that we will be opening a new location at 516 W. Oltorf in Austin," a spokeswoman for Starbucks said. So far the only public documents…
  • People on the Move - 2015-09-01

    1 Sep 2015 | 8:27 am
    George Dave Giddens has been included in the 2016 Edition of The Best Lawyers in America. Giddens was selected by his peers in the following practice areas: Bankruptcy and Creditor Debtor Rights, Insolvency and Reorganization Law, and Commercial Litigation.SMPC Architects has hired Jacqueline Bryan as an Architectural Intern. Jacqueline is currently completing dual Masters degrees in Architecture and Landscape Architecture at the University of New Mexico. Her interests include neighborhood design…
  • Apple partners with Cisco, explores new relationship with Hollywood

    Gina Hall
    1 Sep 2015 | 8:26 am
    Apple is looking for some big partners to beef up its massive brand. The Cupertino-based company is courting major Hollywood producers to create original content to compete with Netflix, according to a report from Variety on Monday. While the company is not commenting on those meetings, Apple did confirm Monday that it is teaming up with Cisco to bring more iPhones and iPads to business users. So what will these new partnerships mean for the company? Here are some answers. How serious is Apple…
  • 5 things to know in Colorado energy this week

    Cathy Proctor
    1 Sep 2015 | 8:24 am
    Here’s your five things to know about Colorado’s energy sector this week, short and sweet: 1) Subscribers to the DBJ can check out a profile of Denver’s Extraction Oil & Gas LLC, a fast-growing energy company that in less than three years has zoomed from a tiny subsidiary to the top tier of oil and gas companies working the sprawling Denver-Julesburg Basin north of Denver. (Need a subscription? Click here) 2) What do Colorado’s groundbreaking rules designed to reduce leaks of methane, a…
  • Austin catches Gay Softball World Series for 2016

    Colin Pope
    1 Sep 2015 | 8:15 am
    About 5,000 more visitors are expected in Austin next year when the Gay Softball World Series debuts. More than 2,000 players and coaches will face off on fields throughout Austin, but the attendees — from across the U.S. and Canada — are being booked mostly downtown at the JW Marriott, Hilton Hotel, Radisson and other hotels in that area, said Rick McLinden, executive director of the annual event that was held in Columbus, Ohio, last year. Austin will host the 2016 world series from Aug. 15-20. Members…
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    Business News from the Northeast US - bizjournals

  • Developer of planned 4-star University of Maryland hotel lands financing

    Jeff Clabaugh
    1 Sep 2015 | 8:18 am
    McLean-based Capital One Financial Corp. (NYSE: COF) has arranged an $80 million syndicated loan for Vienna-based Southern Management Corp. for its construction of a four-star hotel at the University of Maryland's flagship College Park campus. The 10-story, 297-room hotel is expected to open in 2017. Southern Management will lease the 3-acre property on Route 1 from the University of Maryland College Park Foundation. The hotel, part of the university’s East Campus, will also include a conference…
  • New apartments in NoMa, Italian dining in Mount Vernon Triangle and a hospital healing garden lead permits

    Michael Neibauer
    1 Sep 2015 | 8:12 am
    Welcome back to permits. We've been in a bit of a lull recently, but September is here, and that means we are back to business. Let's build something. 911 Second St. NE: New construction from the Fortis Cos. of a six-story, 42-unit, wood-frame multifamily building in NoMa. Per the Fortis website, which notes a winter groundbreaking, the project "draws on contemporary industrial warehouse design with the exterior skin consisting of sustainable, European-engineered materials that will be a first of…
  • Restaurant reservation app from Uber, Foursquare founders hits Philly

    Kenneth Hilario
    1 Sep 2015 | 8:05 am
    A new dining app combining table reservation and payment, and founded by Uber and Foursquare cofounders, has hit Philadelphia's dining scene. Reserve, cofounded by Garrett Camp of Uber and Naveen Selvadurai of Foursquare, has launched in more than 20 of Philadelphia's restaurants, including Bing Bing Dim Sum, Zahav, Vetri, Sbraga and Distrito, with more to come. Reserve joins OpenTable as one of Philadelphia's table-reservation platforms. Court order to force Star Group to file for Chapter 7 bankruptcy "Reserve…
  • Harry Styles had a craving for pizza, so he stopped by Villanova

    Dan Norton
    1 Sep 2015 | 7:56 am
    Harry Styles was headed in One Direction... toward pizza. To be more specific, he stopped by Villanova University pizza joint Campus Corner in Radnor, Pa. on Monday night. Styles' popular band One Direction plays Tuesday night at Lincoln Financial Field. If you're taking the kids to South Philadelphia for the show (or you're going for a business meeting...), impress the youngsters with your pop star knowledge by checking out Twitter reacted to his pizza craving. Harry Styles with some of our customers!!!!…
  • People on the Move - 2015-09-01

    1 Sep 2015 | 7:56 am
    Keith A. Cataldo has been appointed Director of Trading at Fenimore Asset Management, the investment advisor to FAM Funds. He previously was Global Head of Trading for TIG Advisors LLC in New York City. Mr. Cataldo holds a B.A. in Economics from the University of Massachusetts, Amherst.Fedden has supervised all phases of audits ranging from not-for-profit entities and commercial entities to employee benefit plans. She is experienced in providing tax services for corporations, partnerships, and not-for-profits.…
 
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    Business News from Southeast US - bizjournals.com

  • ArtsGreensboro renews $15K agreement to underwrite news coverage

    Mark Sutter
    1 Sep 2015 | 8:28 am
    ArtsGreensboro has renewed its agreement with Greensboro’s daily newspaper to underwrite expanded arts coverage in the coming year. Tom Philion, ArtsGreensboro CEO, confirmed Tuesday that the terms of the deal are the same as last year. That would mean the nonprofit arts group will pay the News & Record $15,000 to write at least 70 articles above and beyond its “normal” level of coverage. That amounts to $214 an article, assuming the paper did the minimum required. Philip says the N&R actually…
  • Triangle loses jobs in July and unemployment ticks up again

    Jason deBruyn
    1 Sep 2015 | 8:28 am
    The Triangle area lost 5,300 jobs from June to July and the unemployment rate in the area again ticked upward. Triangle area figures match the statewide trend of increasing unemployment rates, something that has been happening for almost a year. In the Triangle, the unemployment rate is up more than a full percentage point since December. On Tuesday, the N.C. Department of Commerce released local figures for July. Beginning late last year, large Triangle companies – particularly in the pharmaceutical…
  • Take a look around Louisville's newest event venue

    Marty Finley
    1 Sep 2015 | 8:27 am
    A new event venue has opened up in Louisville, hoping to take advantage of its location to attract business along the I-64 corridor as far as Lexington. Utah-based Noah Corp. has opened an event venue at 12451 Plantside Drive in the business park, which is located off Interstate 64 near Blankenbaker Parkway. The building is just shy of 10,000 square feet and hosted its first event, a wedding, on Aug. 22. It cost about $5 million to construct, said building manager Ashley Tuggle. The event center…
  • People on the Move - 2015-09-01

    1 Sep 2015 | 8:22 am
    Crye-Leike, REALTORS® welcomes Amber Bell Jones to the team at their McDonough office. Jones comes to Crye-Leike from previously working in the mortgage industry and a Bachelors Degree in Marketing from Valdosta State University.Jacob has more than 4 years of recruiting experience that includes multiple medium-sized to Fortune 500 clients. Jacob is looking forward to learning the engineering job market and helping NOVA grow to reach the goals we have in place for the upcoming years.Will Gravlee…
  • Four Oaks Bank CFO resigns

    Lauren K. Ohnesorge
    1 Sep 2015 | 8:21 am
    Nancy Wise, chief financial officer for the parent company of Four Oaks Bank, has resigned, effective Tuesday. According to a company statement, she resigned “to spend time caring for aging family members.” In connection with the resignation, Four Oaks management proposed a severance agreement, effective Sept. 15, which puts Wise in the position to get a lump sum payout by Sept. 30. Specifically, she’ll be entitled to receive $10,000 in addition to an amount equal to 16 months of her current…
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    Accounting News - Accounting News Headlines | Bizjournals.com

  • 5 things to know in Colorado energy this week

    Cathy Proctor
    1 Sep 2015 | 8:24 am
    Here’s your five things to know about Colorado’s energy sector this week, short and sweet: 1) Subscribers to the DBJ can check out a profile of Denver’s Extraction Oil & Gas LLC, a fast-growing energy company that in less than three years has zoomed from a tiny subsidiary to the top tier of oil and gas companies working the sprawling Denver-Julesburg Basin north of Denver. (Need a subscription? Click here) 2) What do Colorado’s groundbreaking rules designed to reduce leaks of methane, a…
  • Startup pairs young immigrants with seniors to help language barrier

    By Jim Bafaro
    1 Sep 2015 | 8:24 am
    Two life-shaping events formed the foundation of St. Louis entrepreneur Rey Castuciano’s startup, Table Wisdom. The first event happened in 1989, when Castuciano, along with his mother, father and sister, immigrated to the United States from the Philippines. Among the frustrations experienced by the then-15-year-old boy were those that dealt with learning a new language. “My issues were accent and vocabulary,” he said. “It was difficult to maintain a conversation flow. When I tried to converse…
  • Explosive ‘alternative finance’ conference growth shows how fed up many borrowers are with banks

    Michael del Castillo
    1 Sep 2015 | 8:23 am
    In the two years since New York City-based LendIt’s alternative financing conference kicked off, it has grown by 612 percent, according to a blog post Monday by Orchard Platform, which helps fintech startups build out their infrastructure. The grand-daddy of so-called “p2p lending conferences,” Lendit jumped from 350 attendees in June 2013 to 2,493 attendees this April, paving the way for dozens of similar conferences for people looking for alternatives to banks to raise capital. “LendIt…
  • Jordy Nelson, Randall Cobb, Davante Adams replace Aaron Rodgers in Associated Bank ads

    Rich Kirchen
    1 Sep 2015 | 8:23 am
    It’s official: Aaron Rodgers no longer is the commercial spokesman for Associated Bank. He is being replaced by the Green Bay Packers receiving trio of Randall Cobb, Jordy Nelson and Davante Adams. Green Bay-based Associated Bank (NYSE: ASB) announced Tuesday the three receivers will participate in “fan and customer engagement activities, a wide range of marketing projects as well as community initiatives”. The bank will launch the new arrangement with the beginning of the Packers' regular…
  • St. Louis Fed’s Bullard says he’s rethinking inflation

    Greg Edwards
    1 Sep 2015 | 8:23 am
    Inflation fell less than expected during the recession, when unemployment was high. It has also risen less in the recovery as employment increased, leading Jim Bullard, president of the Federal Reserve Bank of St. Louis, and other top Fed bankers to reconsider widely held theories on inflation. “There is definitely less confidence, a lot less confidence” about how inflation works, Bullard told The Wall Street Journal during an economic symposium in Jackson Hole, Wyoming, last week. The topic…
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    Agriculture News - Agriculture News Headlines | Bizjournals.com

  • Collin County Top 50: See the highest-paid county employees and what they do

    Erin Amburgey-Sood
    1 Sep 2015 | 8:35 am
    Are you interested in how local tax dollars are spent on city and county pay? Now you can explore the most comprehensive local tool for city and county public salaries with the Dallas Business Journal's new searchable database. The data is derived from information compiled using the Texas Public Information Act and covers everyone from county clerks to city managers. Flip through the slideshow for a look at the Top 50 highest-paid employees for Collin County. Search the database below for other…
  • Duquesne names director of athletics

    Justine Coyne
    1 Sep 2015 | 8:33 am
    Duquesne University has hired David Harper to serve as its director of athletics, the university announced Tuesday. Harper, who will start in October, currently serves as vice president for advancement at the University of Dayton. Under his leadership, the university raised a record-breaking $66 million, including the largest single individual gift and largest corporate gift in Dayton’s history, according to Duquesne. “It was very clear to me, and to those who met with Dave during the process,…
  • Franklin tech startup looks to London for growth

    Eleanor Kennedy
    1 Sep 2015 | 8:33 am
    Fresh off a $16 million investment round, Franklin-based tech startup LeanKit is looking to London for its next office. Chris Hefley, the company's co-founder and CEO, said about a third of LeanKit's revenue already comes from Europe despite the fact that the company's "never had anybody on the ground tying to make the most of it." So, supported in part by that $16 million raise announced in mid-July, co-founder Jon Terry will move across the pond in a few weeks with his family to start establishing…
  • Insider transactions lead to hope for SunEdison despite stock’s fall

    Brian Feldt
    1 Sep 2015 | 8:33 am
    At least one analyst is encouraged by the fact that SunEdison’s top two executives — and three of its board members — are buying shares of the Maryland Heights-based renewable energy developer. Angelo Zino, an analyst at S&P Capital IQ, has maintained a “Strong Buy” rating on SunEdison even though its stock has tumbled more than 60 percent over the past several months — from $33.46 in June down to $8.80 in late August, with the stock trading at $11.22 a share early Tuesday. Over the…
  • Two Jacksonville restaurants and a food cart closed temporarily for roach, wastewater violations

    Robert Ward
    1 Sep 2015 | 8:32 am
    Two Jacksonville restaurants and a hot dog vendor were closed temporarily last week, the restaurants for roach violations and the hot dog vendor for wastewater issues. • Roma’s Italian Restaurant & Pizzeria, 14965 Old St. Augustine Road An inspector with the Florida Department of Business & Professional Regulation’s division of hotels and restaurants closed the restaurant Aug. 25 because of live and dead roaches and flies in the kitchen. The inspector found at least 18 live roaches: at least…
 
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    Banking & Financial News - Banking & Financial News Headlines | Bizjournals.com

  • ArtsGreensboro renews $15K agreement to underwrite news coverage

    Mark Sutter
    1 Sep 2015 | 8:28 am
    ArtsGreensboro has renewed its agreement with Greensboro’s daily newspaper to underwrite expanded arts coverage in the coming year. Tom Philion, ArtsGreensboro CEO, confirmed Tuesday that the terms of the deal are the same as last year. That would mean the nonprofit arts group will pay the News & Record $15,000 to write at least 70 articles above and beyond its “normal” level of coverage. That amounts to $214 an article, assuming the paper did the minimum required. Philip says the N&R actually…
  • Aubrey McClendon teaming with Vicente Fox to drill in Mexico

    Tom Knox
    1 Sep 2015 | 8:25 am
    Aubrey McClendon is teaming up with the former president of Mexico to drill for oil and gas south of the border. What was an anomaly two weeks ago is now becoming a trend. McClendon, the U.S. shale wildcatter who helped bring Ohio's Utica shale play to prominence, continues going international in his quest for more oil and gas. American Energy Partners LP, the company McClendon founded after leaving Chesapeake Energy Corp. (NYSE:CHK), is targeting shale in Mexico, which could have as much as 60…
  • Explosive ‘alternative finance’ conference growth shows how fed up many borrowers are with banks

    Michael del Castillo
    1 Sep 2015 | 8:23 am
    In the two years since New York City-based LendIt’s alternative financing conference kicked off, it has grown by 612 percent, according to a blog post Monday by Orchard Platform, which helps fintech startups build out their infrastructure. The grand-daddy of so-called “p2p lending conferences,” Lendit jumped from 350 attendees in June 2013 to 2,493 attendees this April, paving the way for dozens of similar conferences for people looking for alternatives to banks to raise capital. “LendIt…
  • Four Oaks Bank CFO resigns

    Lauren K. Ohnesorge
    1 Sep 2015 | 8:21 am
    Nancy Wise, chief financial officer for the parent company of Four Oaks Bank, has resigned, effective Tuesday. According to a company statement, she resigned “to spend time caring for aging family members.” In connection with the resignation, Four Oaks management proposed a severance agreement, effective Sept. 15, which puts Wise in the position to get a lump sum payout by Sept. 30. Specifically, she’ll be entitled to receive $10,000 in addition to an amount equal to 16 months of her current…
  • Atlanta wallboard distributor GMS Inc. plans $200M IPO

    David Allison
    1 Sep 2015 | 7:55 am
    Volatile world stock markets aren't keeping at least one Atlanta company from planning an IPO. GMS Inc., a 44-year-old Tucker, Ga.-based distributor of of wallboard and suspended ceilings systems, says in filings with the Securities and Exchange Commission that it hopes to raise up to $200 million in an initial public stock offering. Founded in 1971, GMS says it's grown from a single location to more than 155 branches across 36 states through a combination of both organic growth and acquisitions.…
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    Bankruptcy News - Bankruptcy News Headlines | Bizjournals.com

  • Seattle Sounders FC stays onboard with Delta

    Phil W. Hudson
    1 Sep 2015 | 8:10 am
    Delta Air Lines Inc. (NYSE: DAL) signed a partnership extension with the Seattle Sounders FC, which keeps Delta as the official airline of the team. The Atlanta-based airline also chill continue to be the presenting partner of the Starting XI. Delta said Seattle is its fastest-growing international hub with more than 120 peak-day flights to 36 destinations. Delta has also invested $15 million in its facilities at Sea-Tac. Delta, a founding member of the SkyTeam global alliance, employs about 80,000…
  • AFP Alabama names 2015 National Philanthropy Day winners

    Ty West
    1 Sep 2015 | 8:08 am
    The Alabama chapter of the Association of Fundraising Professionals has unveiled the winners in its 2015 National Philanthropy Day Awards. They will be honored at the National Philanthropy Day Luncheon on Nov. 12 at the Harbert Center and recognized in a special edition of the BBJ on Nov. 13. Here's the list of this year's winners and a summary of their accomplishments, courtesy of AFP: Outstanding Youth in Philanthropy: Aaron Brazelton, nominated by YWCA Central Alabama. Brazelton has supported…
  • Former President Jimmy Carter could miss annual Habitat For Humanity project

    1 Sep 2015 | 8:08 am
    For the first time in 32 years, former President Jimmy Carter might have to skip Habitat For Humanity’s Jimmy & Rosalynn Carter Work Project. During the week, Atlanta-based Habitat volunteers will build 100 homes in partnership with low-income families in need of permanent shelter. This year, it’s in the Chitwan district in Nepal, Nov. 1-6, 2015. But for Carter, who recently started treatment for melanoma, participation in this year’s build project will depend on counsel from his medical…
  • This local university ranks best for salary potential, entrepreneurship

    Erin Caproni
    1 Sep 2015 | 8:07 am
    One university in Greater Cincinnati is being recognized for its success in business education. Miami University was No. 10 in the nation in a recent Princeton Review ranking of the best colleges for future entrepreneurs. That recognition was followed by Payscale.com naming it the top public university in Ohio for salary potential. Miami’s ranking among the best colleges for entrepreneurs is based on institutional data from its Farmer School of Business, which received props from Business Insider…
  • Premium areas of Churchill Downs to get $18 million overhaul

    Marty Finley
    1 Sep 2015 | 8:06 am
    After a record-setting Kentucky Derby that drew a little more than 170,000 fans this year, Churchill Downs Racetrack said Tuesday that it will undertake an $18 million project to improve the fan experience. The project at the historic Louisville track will primarily focus on overhauling the Turf Club and other premium locations. Plans call for it to be completed before the 2016 Spring Meet, which starts Saturday, April 30. Known as The Clubhouse Enhancements Project will upgrade 82,000 square feet…
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    Commercial Real Estate Industry News Headlines | Bizjournals.com

  • New store brewing in South Austin, and it smells like coffee

    Jan Buchholz
    1 Sep 2015 | 8:30 am
    The former Popeye's at 516 W. Oltorf St. has been sitting empty for awhile, but there's life ready to percolate at the site. Starbucks Corp. (Nasdaq: SBUX) confirmed that it is opening a new store at the busy intersection at South First Street. "Starbucks is always looking for great locations to better meet the needs of our customers, and we are happy to confirm that we will be opening a new location at 516 W. Oltorf in Austin," a spokeswoman for Starbucks said. So far the only public documents…
  • Take a look around Louisville's newest event venue

    Marty Finley
    1 Sep 2015 | 8:27 am
    A new event venue has opened up in Louisville, hoping to take advantage of its location to attract business along the I-64 corridor as far as Lexington. Utah-based Noah Corp. has opened an event venue at 12451 Plantside Drive in the business park, which is located off Interstate 64 near Blankenbaker Parkway. The building is just shy of 10,000 square feet and hosted its first event, a wedding, on Aug. 22. It cost about $5 million to construct, said building manager Ashley Tuggle. The event center…
  • New apartments in NoMa, Italian dining in Mount Vernon Triangle and a hospital healing garden lead permits

    Michael Neibauer
    1 Sep 2015 | 8:12 am
    Welcome back to permits. We've been in a bit of a lull recently, but September is here, and that means we are back to business. Let's build something. 911 Second St. NE: New construction from the Fortis Cos. of a six-story, 42-unit, wood-frame multifamily building in NoMa. Per the Fortis website, which notes a winter groundbreaking, the project "draws on contemporary industrial warehouse design with the exterior skin consisting of sustainable, European-engineered materials that will be a first of…
  • Atlanta wallboard distributor GMS Inc. plans $200M IPO

    David Allison
    1 Sep 2015 | 7:55 am
    Volatile world stock markets aren't keeping at least one Atlanta company from planning an IPO. GMS Inc., a 44-year-old Tucker, Ga.-based distributor of of wallboard and suspended ceilings systems, says in filings with the Securities and Exchange Commission that it hopes to raise up to $200 million in an initial public stock offering. Founded in 1971, GMS says it's grown from a single location to more than 155 branches across 36 states through a combination of both organic growth and acquisitions.…
  • Subcontractor bids to open soon for Orange County's new $71M school

    Rachel Williams
    1 Sep 2015 | 7:48 am
    Subcontractor opportunities with a new $71 million high school coming to Orange County will open soon. Early site package bids will open in October, and main project bids will open in December, said Micaela Riseling, spokeswoman for Wharton-Smith Inc. Wharton-Smith was named the construction manager of the 385,000-square-foot, multi-story high school being built on 68 acres near Windermere. The West Orange relief high school, as the project is now called, will hold up to 2,800 students. This is…
 
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  • 5 things to know in Colorado energy this week

    Cathy Proctor
    1 Sep 2015 | 8:24 am
    Here’s your five things to know about Colorado’s energy sector this week, short and sweet: 1) Subscribers to the DBJ can check out a profile of Denver’s Extraction Oil & Gas LLC, a fast-growing energy company that in less than three years has zoomed from a tiny subsidiary to the top tier of oil and gas companies working the sprawling Denver-Julesburg Basin north of Denver. (Need a subscription? Click here) 2) What do Colorado’s groundbreaking rules designed to reduce leaks of methane, a…
  • Startup pairs young immigrants with seniors to help language barrier

    By Jim Bafaro
    1 Sep 2015 | 8:24 am
    Two life-shaping events formed the foundation of St. Louis entrepreneur Rey Castuciano’s startup, Table Wisdom. The first event happened in 1989, when Castuciano, along with his mother, father and sister, immigrated to the United States from the Philippines. Among the frustrations experienced by the then-15-year-old boy were those that dealt with learning a new language. “My issues were accent and vocabulary,” he said. “It was difficult to maintain a conversation flow. When I tried to converse…
  • Explosive ‘alternative finance’ conference growth shows how fed up many borrowers are with banks

    Michael del Castillo
    1 Sep 2015 | 8:23 am
    In the two years since New York City-based LendIt’s alternative financing conference kicked off, it has grown by 612 percent, according to a blog post Monday by Orchard Platform, which helps fintech startups build out their infrastructure. The grand-daddy of so-called “p2p lending conferences,” Lendit jumped from 350 attendees in June 2013 to 2,493 attendees this April, paving the way for dozens of similar conferences for people looking for alternatives to banks to raise capital. “LendIt…
  • Jordy Nelson, Randall Cobb, Davante Adams replace Aaron Rodgers in Associated Bank ads

    Rich Kirchen
    1 Sep 2015 | 8:23 am
    It’s official: Aaron Rodgers no longer is the commercial spokesman for Associated Bank. He is being replaced by the Green Bay Packers receiving trio of Randall Cobb, Jordy Nelson and Davante Adams. Green Bay-based Associated Bank (NYSE: ASB) announced Tuesday the three receivers will participate in “fan and customer engagement activities, a wide range of marketing projects as well as community initiatives”. The bank will launch the new arrangement with the beginning of the Packers' regular…
  • St. Louis Fed’s Bullard says he’s rethinking inflation

    Greg Edwards
    1 Sep 2015 | 8:23 am
    Inflation fell less than expected during the recession, when unemployment was high. It has also risen less in the recovery as employment increased, leading Jim Bullard, president of the Federal Reserve Bank of St. Louis, and other top Fed bankers to reconsider widely held theories on inflation. “There is definitely less confidence, a lot less confidence” about how inflation works, Bullard told The Wall Street Journal during an economic symposium in Jackson Hole, Wyoming, last week. The topic…
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    Education News - Education News Headlines | Bizjournals.com

  • Burgard, BOCES receive cars from Ford Dealers of WNY

    David Bertola
    1 Sep 2015 | 8:30 am
    The Western New York Ford Dealers have selected four educational institutions to receive vehicles and related technical and computer support items as part of the Ford Future Techs initiative. The Ford Dealers program, launched in June, is geared toward educating Buffalo and surrounding area high school students on the latest in automobile technology for their careers in the automotive technical-repair industry. The four recipients are Burgard High School, Erie 1 BOCES Potter Career & Technical…
  • Startup pairs young immigrants with seniors to help language barrier

    By Jim Bafaro
    1 Sep 2015 | 8:24 am
    Two life-shaping events formed the foundation of St. Louis entrepreneur Rey Castuciano’s startup, Table Wisdom. The first event happened in 1989, when Castuciano, along with his mother, father and sister, immigrated to the United States from the Philippines. Among the frustrations experienced by the then-15-year-old boy were those that dealt with learning a new language. “My issues were accent and vocabulary,” he said. “It was difficult to maintain a conversation flow. When I tried to converse…
  • Agreement helps students transfer from community college to private U.

    Jason deBruyn
    1 Sep 2015 | 8:14 am
    An agreement signed by leaders of community colleges and private universities will make it easier for a student to transfer between the two. The N.C. Independent Colleges and Universities Board approved the revised agreement at its annual meeting in March, and the State Board of Community Colleges officially adopted the revised articulation agreement in May. The agreement moves community college students toward a four-year degree completion by more clearly defining transfer pathways and how earned…
  • AFP Alabama names 2015 National Philanthropy Day winners

    Ty West
    1 Sep 2015 | 8:08 am
    The Alabama chapter of the Association of Fundraising Professionals has unveiled the winners in its 2015 National Philanthropy Day Awards. They will be honored at the National Philanthropy Day Luncheon on Nov. 12 at the Harbert Center and recognized in a special edition of the BBJ on Nov. 13. Here's the list of this year's winners and a summary of their accomplishments, courtesy of AFP: Outstanding Youth in Philanthropy: Aaron Brazelton, nominated by YWCA Central Alabama. Brazelton has supported…
  • This local university ranks best for salary potential, entrepreneurship

    Erin Caproni
    1 Sep 2015 | 8:07 am
    One university in Greater Cincinnati is being recognized for its success in business education. Miami University was No. 10 in the nation in a recent Princeton Review ranking of the best colleges for future entrepreneurs. That recognition was followed by Payscale.com naming it the top public university in Ohio for salary potential. Miami’s ranking among the best colleges for entrepreneurs is based on institutional data from its Farmer School of Business, which received props from Business Insider…
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    Energy & the Environment News - Energy News Headlines | Bizjournals.com

  • Insider transactions lead to hope for SunEdison despite stock’s fall

    Brian Feldt
    1 Sep 2015 | 8:33 am
    At least one analyst is encouraged by the fact that SunEdison’s top two executives — and three of its board members — are buying shares of the Maryland Heights-based renewable energy developer. Angelo Zino, an analyst at S&P Capital IQ, has maintained a “Strong Buy” rating on SunEdison even though its stock has tumbled more than 60 percent over the past several months — from $33.46 in June down to $8.80 in late August, with the stock trading at $11.22 a share early Tuesday. Over the…
  • Aubrey McClendon teaming with Vicente Fox to drill in Mexico

    Tom Knox
    1 Sep 2015 | 8:25 am
    Aubrey McClendon is teaming up with the former president of Mexico to drill for oil and gas south of the border. What was an anomaly two weeks ago is now becoming a trend. McClendon, the U.S. shale wildcatter who helped bring Ohio's Utica shale play to prominence, continues going international in his quest for more oil and gas. American Energy Partners LP, the company McClendon founded after leaving Chesapeake Energy Corp. (NYSE:CHK), is targeting shale in Mexico, which could have as much as 60…
  • 5 things to know in Colorado energy this week

    Cathy Proctor
    1 Sep 2015 | 8:24 am
    Here’s your five things to know about Colorado’s energy sector this week, short and sweet: 1) Subscribers to the DBJ can check out a profile of Denver’s Extraction Oil & Gas LLC, a fast-growing energy company that in less than three years has zoomed from a tiny subsidiary to the top tier of oil and gas companies working the sprawling Denver-Julesburg Basin north of Denver. (Need a subscription? Click here) 2) What do Colorado’s groundbreaking rules designed to reduce leaks of methane, a…
  • Latest wind project acquisition complete, Duke Energy powers maker of Snickers, M&Ms

    John Downey
    1 Sep 2015 | 7:46 am
    Duke Energy Renewables has closed on its purchase of half Sumitomo Corp.’s 211-megawatt Mesquite Creek Wind Project, which sells its power to candy maker Mars Inc. With the purchase, the renewables arm of Charlotte-based Duke Energy Corp. (NYSE:DUK) has more than 1,920 megawatts of wind capacity operating in the United States. More than 1,200 megawatts of that is in the state of Texas. And next year, Duke Renewables will add the 200-megawatt Los Vientos IV Wind Project in Texas to its totals. That…
  • Brenham gets boost from federal government following Blue Bell job losses

    Laura Furr
    1 Sep 2015 | 5:59 am
    The federal branch of the Economic Development Administration is taking action in Brenham, Texas, to create more jobs and diversify the city's labor force. The home of Blue Bell Creameries, which recently saw a large spike in unemployment due to the recall of the company's ice cream products coupled with the downturn in oil prices, was awarded a $1.4 million grant from the EDA. The money will go toward the construction of a new 12,750-square-foot classroom, laboratory and workforce training center,…
 
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    Green News - Green News Headlines | Bizjournals.com

  • 5 things to know in Colorado energy this week

    Cathy Proctor
    1 Sep 2015 | 8:24 am
    Here’s your five things to know about Colorado’s energy sector this week, short and sweet: 1) Subscribers to the DBJ can check out a profile of Denver’s Extraction Oil & Gas LLC, a fast-growing energy company that in less than three years has zoomed from a tiny subsidiary to the top tier of oil and gas companies working the sprawling Denver-Julesburg Basin north of Denver. (Need a subscription? Click here) 2) What do Colorado’s groundbreaking rules designed to reduce leaks of methane, a…
  • Latest wind project acquisition complete, Duke Energy powers maker of Snickers, M&Ms

    John Downey
    1 Sep 2015 | 7:46 am
    Duke Energy Renewables has closed on its purchase of half Sumitomo Corp.’s 211-megawatt Mesquite Creek Wind Project, which sells its power to candy maker Mars Inc. With the purchase, the renewables arm of Charlotte-based Duke Energy Corp. (NYSE:DUK) has more than 1,920 megawatts of wind capacity operating in the United States. More than 1,200 megawatts of that is in the state of Texas. And next year, Duke Renewables will add the 200-megawatt Los Vientos IV Wind Project in Texas to its totals. That…
  • Charlotte pest-control company acquired for $425M

    Steve Cranford
    1 Sep 2015 | 6:14 am
    Steritech Group Inc. of Charlotte is being acquired by a Pennsylvania company that also specializes in pest control. The buyer is Rentokil North America of Reading, Pa. The acquisition will strengthen Rentokil’s position as the third-largest pest-control business in the country, a market valued at $7.5 billion annually. Rentokil North America is part of Rentokil Initial plc, a British company that provides diverse services in more than 60 countries. The British parent acquired J.C. Ehrlich Co.…
  • Pittsburgh scores a C for business friendliness

    Patty Tascarella
    1 Sep 2015 | 5:22 am
    Pittsburgh scored a C grade for small business friendliness in Thumbtack.com’s annual evaluation of cities and states gauged by surveying 18,000 small business owners nationwide. If the middling score sounds mediocre, it’s the city’s best showing. Pittsburgh scored an overall D+ in 2013 and a solid D in 2014, and last year’s report card was riddled with three Fs —in ease of starting a business, ease of hiring, and training and network programs. No Fs this time around in the 10 categories.…
  • Apple, The Conservation Fund in early stages of 'working forest' project in N.C.

    Lauren K. Ohnesorge
    1 Sep 2015 | 4:12 am
    A conservation manager is planning a North Carolina forestry project that could package your next iPhone. Apple Inc. (NASDAQ:AAPL) purchased 3,600 acres of forest land in Brunswick County earlier this year and has plans to use the timber in paper that will serve as packaging for future products. But the tech company is not doing it alone. The Chapel Hill office of Arlington, Va.-based The Conservation Fund is managing the effort. Brian Dangler, director for The Conservation Fund’s Working Forest…
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    Health Care News - Health Care News Headlines | Bizjournals.com

  • EXCLUSIVE: Free video visits with doctors? UC Health gives it a shot

    Barrett J. Brunsman
    1 Sep 2015 | 8:19 am
    UC Health is launching a pilot program this month that will enable patients who need urgent care to consult for free with doctors via a smartphone, tablet or desktop computer. Current patients of some primary care doctors will be able to discuss what ails them – and show symptoms if necessary – by using any device with a video camera and an Internet connection. A weight-loss specialist also will participate in the pilot. The first patients are expected to be seen Sept. 30, said Dr. Anya Sanchez,…
  • Animal Health Corridor adds new player to the herd

    Brian Kaberline
    1 Sep 2015 | 8:17 am
    A company focusing on stem-cell therapies is joining the Kansas City Animal Health Corridor. MediVet Biologics announced it will open a lab in Manhattan in early October. The lab will develop patented technology that the company bought from Kansas State University earlier this year. MediVet has dual headquarters in central Kentucky and Sydney, Australia. The company specializes in regenerative medicine, including a process for using an animal’s stem cells for pain relief and a vaccine designed…
  • Stereotaxis awarded U.S. patent for user interface system

    Brian Feldt
    1 Sep 2015 | 8:15 am
    Stereotaxis, the St. Louis-based medical device company that has found difficulty gaining traction with shareholders, received a U.S. patent that allows for future development of features within its Odyssey device. That’s used with the company’s Niobe device, which magnetically guides catheters through a patient’s leg and into the heart. The Odyssey is the user interface that provides lab information during the Niobe procedures, displaying video of the surgery across networks or institutions. “As…
  • HCA's TriStar wants another freestanding emergency room, this time in Mt. Juliet

    Eleanor Kennedy
    1 Sep 2015 | 8:02 am
    While the battle over a freestanding emergency department south of town in Brentwood lives on, Nashville-based HCA Holdings Inc.'s hometown system TriStar Health has its eyes on broadening its reach east of Nashville. TriStar Summit Medical Center, located in Hermitage, is seeking permission to build a freestanding emergency department at the intersection of I-40 and Beckwith Road in Mt. Juliet, according to a news release. It's the latest of several efforts from the health care giant's local system…
  • Durham's Heat Biologics enrolls first patient in lung cancer trial

    Jason deBruyn
    1 Sep 2015 | 7:57 am
    Durham cancer treatment developer Heat Biologics, Inc. (Nasdaq: HTBX) enrolled its first patient in a clinical trial to test a combination therapy against lunch cancer. Enrolling the first patient in a trial is an important milestone because it serves as a sort of bookend to the trial, but simply enrolling a patient indicates nothing about a treatment’s safety or efficacy. Read: Durham's Heat Biologics expects to raise $10M Monday for drug development The trial combines Heat’s therapeutic…
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    Human Resources News - Human Resources News Headlines | Bizjournals.com

  • Longtime BB&T executive dies

    Owen Covington
    1 Sep 2015 | 8:18 am
    Charles Leon Wilson III, who got his start with Winston-Salem-based BB&T Corp. in 1977, has passed away at the age of 60. Wilson served as senior executive vice president and operations division manager for BB&T (NYSE: BBT) and had been a member of the bank's executive management team since 1999. "As part of the BB&T family for 38 years, Leon Wilson was much more than a colleague or a friend," said BB&T Chairman and CEO Kelly King. "He loved the people he worked with, and he loved BB&T. To many…
  • Ogletree Deakins opens newest office

    1 Sep 2015 | 7:42 am
    Labor and employment law firm Ogletree, Deakins, Nash, Smoak & Stewart PC has opened a Seattle office. Shareholder Tony Byergo, who co-founded Ogletree Deakins’ Kansas City office in 2005, and attorney Sarah Evans, who has practiced at Ogletree Deakins since 2012, man the new office. The Seattle office will collaborate with Ogletree Deakins’ Portland, Ore., office, where many of the lawyers are licensed to practice law in Washington. Byergo is chair of Ogletree Deakins’ collective bargaining…
  • Microsoft wins patent case that threatened to block the sale of Nokia phones

    Greg Lamm
    1 Sep 2015 | 7:36 am
    Microsoft has prevailed in a years-long patent complaint filed by a company that was seeking royalties on technology used in Nokia phones. The U.S. International Trade Commission has issued its final order in an eight-year-long case involving complaints that Nokia phones were illegally using InterDigital Inc. patents related to 3G cellular technology. If the ruling had gone against Microsoft (Nasdaq: MSFT), it could have blocked the company from selling its smartphones abroad, according to Bloomberg…
  • American Airlines affiliate's financials get closer scrutiny as standoff with pilots intensifies

    Lewis Lazare
    1 Sep 2015 | 7:36 am
    The standoff between International Brotherhood of Teamsters Local 357 and Republic Airways showed no sign of ending today. Meanwhile some 2,200 Local 357 pilots who work for Indianapolis, Ind.-based Republic Airways (Nasdaq: RJET) are studying a detailed four-page document from the seven-member Local 357 executive board sent out late Friday. The document explains why the board decided not to send out for a rank and file vote the proposed last, best and final contract offer that Republic presented…
  • Marissa Mayer expecting twin girls, plans limited time off from Yahoo

    Cromwell Schubarth
    1 Sep 2015 | 7:20 am
    Yahoo CEO Marissa Mayer announced on Tuesday that she is expecting identical twin girls later this year. “I plan to approach the pregnancy and delivery as I did with my son three years ago, taking limited time away and working throughout," Mayer said in a blog, referring to the child she had just three months into her job at Yahoo. Get A.M. business scoops. Subscribe to SVBJ's free morning email newsletter. The company's stock continues to track that of Chinese e-commerce giant Alibaba,…
 
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    Insurance News - Insurance News Headlines | Bizjournals.com

  • As Humana deal looms, a fight is brewing in Washington, D.C.

    David A. Mann
    1 Sep 2015 | 7:36 am
    A fight has been brewing all summer over insurance industry consolidation. Now we're starting to see each side getting armed. There are two major acquisition deals that would leave the U.S. health insurance market in a much more consolidated state. Hartford, Conn.-based Aetna Inc. announced it would purchase Louisville-based Humana Inc. for $37 billion on July 3. A few weeks later Indianapolis-based Anthem Inc. announced it had agreed to purchase Bloomfield, Conn.-based Cigna Corp. for $54 billion. Because…
  • Best and worst states for drivers: How Florida measures up

    Cindy Barth
    1 Sep 2015 | 6:27 am
    Good news Floridians: We are not among the top 10 worst states for drivers, according to new research from Bankrate.com. The bad news: We're also not among the top 10 best states for drivers, either. To come up with the rankings, Bankrate.com looked at the number of fatal crashes, the number of car thefts, car repair costs, gasoline spending, insurance premiums and commute times. Here's how Florida scored: Commute each way in minutes: 25.50 Insurance premium (five-year average): $1,138 Annual…
  • Covered California releases bid for peak-time call center contractor in Sacramento

    Kathy Robertson
    1 Sep 2015 | 6:22 am
    Covered California is shopping for a contractor to provide peak-time call center support staff in the Sacramento region for its upcoming open enrollment period. The state health benefits exchange wants the equivalent of up to 600 full-time staff for about six months — and will pay the contractor up to $12 million, according to a request for proposals released last week. This is the deal In-Sync Consulting Services in Roseville and Virginia-based call center operator Faneuil have been waiting…
  • Where are Colorado's safest drivers?

    Ben Miller
    1 Sep 2015 | 5:34 am
    The safest drivers in the state, according to the Allstate Insurance Company, are driving the streets of Fort Collins. And the worst drivers in the state are in Aurora. A Fort Collins driver will end up in an accident once in every 12.7 years, according to the insurance company, which is the fourth safest among the 200 large cities included in the "Allstate America's Best Drivers Report." An Aurora drivers will have an accident once every 8.5 years, which is 118th of the 200 cities in the survey. Colorado…
  • State's biggest health care system opens first urgent care facility

    Jessica Bartlett
    1 Sep 2015 | 3:27 am
    Nearly nine months after announcing it would dip its toes into urgent care, Partners Healthcare has officially opened its first urgent care location. The new site is located in Brookline at 1285 Beacon St. Additional locations in Newton and Watertown are underway. “Partners Urgent Care will provide a new resource to the people of Eastern Massachusetts who seek convenient and affordable care close to home or work seven days a week,” said Dr. Gregg Meyer, chief clinical officer at Partners HealthCare,…
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  • Dinsmore & Shohl merges with Michigan law firm

    Andy Brownfield
    1 Sep 2015 | 7:46 am
    Dinsmore & Shohl LLP is merging with a Michigan-based boutique practice that specializes in intellectual property. Cincinnati-based Dinsmore & Shohl is merging with Detroit-based Gifford, Krass, Sprinkle, Anderson & Citkowski, effective Tuesday. Gifford Krass has offices in Detroit and Ann Arbor in Michigan as well as Mystic, Conn. The merger adds 17 attorneys and 32 professional staff, increasing Dinsmore's intellectual property department to 75 attorneys. Gifford Krass shareholder Tom Anderson…
  • Ogletree Deakins opens newest office

    1 Sep 2015 | 7:42 am
    Labor and employment law firm Ogletree, Deakins, Nash, Smoak & Stewart PC has opened a Seattle office. Shareholder Tony Byergo, who co-founded Ogletree Deakins’ Kansas City office in 2005, and attorney Sarah Evans, who has practiced at Ogletree Deakins since 2012, man the new office. The Seattle office will collaborate with Ogletree Deakins’ Portland, Ore., office, where many of the lawyers are licensed to practice law in Washington. Byergo is chair of Ogletree Deakins’ collective bargaining…
  • Cincinnati's largest law firm merges with Michigan group

    Andy Brownfield
    1 Sep 2015 | 7:26 am
    Cincinnati's largest law firm is merging with a Michigan-based boutique practice that specializes in intellectual property. Dinsmore & Shohl is merging with Detroit-based Gifford, Krass, Sprinkle, Anderson & Citkowski, effective Tuesday. Gifford Krass has offices in Detroit and Ann Arbor in Michigan as well as Mystic, Conn. The merger adds 17 attorneys and 32 professional staff, increasing Dinsmore's intellectual property department to 75 attorneys. Gifford Krass shareholder Tom Anderson will serve…
  • Payday lender blocked from doing business in North Carolina

    Jeff Jeffrey
    1 Sep 2015 | 6:46 am
    The N.C. Business Court has blocked online lender Western Sky Financial L.L.C. and several of its affiliates from doing business in the state, saying that allowing them to continuing issuing and collecting loans would be “adverse to the public interest.” The state sued Western Sky Financial, CashCall Inc. WS Funding Inc., Delbert Services Corp. and CashCall founder John Paul Reddam in 2013, alleging the companies collaborated in a scheme to issue loans to N.C. consumers while charging exceptionally…
  • Is DU law school paying female professors less than males?

    Ben Miller
    1 Sep 2015 | 6:29 am
    Is the University of Denver's law school discriminating against women by paying professors less than their male counterparts? The Equal Employment Opportunity Commission believes so, and threatens to sue the school if remedial actions aren't taken. The Denver Post reports the EEOC was alerted to the possible pay disparity by DU law professor Lucy Marsh, who filed a complaint two years ago. The EEOC, the school and Marsh will try an hash out a settlement before any legal action takes place, the…
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    Logistics & Transportation News - Logistics & Transportation News Headlines | Bizjournals.com

  • Is your afternoon commute about to get easier?

    David A. Mann
    1 Sep 2015 | 8:16 am
    Is the afternoon commute about to get easier? The Kentucky Transportation Cabinet seems to think so. A news release from the cabinet said crews from Walsh Construction are making progress on the downtown portion of the Ohio River Bridges Project. As a result, new ramps to area interstates are opening and should mean significant traffic changes for drivers. Both the changes described below are expected to be in place by 5 a.m. tomorrow. New ramp from Interstate 65 South to I-64 East and I-71 North Drivers…
  • Study: Seattle drivers are some of the worst in the country

    Emily Parkhurst
    1 Sep 2015 | 7:58 am
    You've cursed them. You've shaken your head as they meander between lanes or watched them drive for miles with their blinkers on. You may have even been one at some point. Seattle drivers were ranked some of the worst in the country in a new report out this week from Allstate Insurance. The report found Seattle drivers were worse than drivers in 184 other cities. The ranking looked at 200 cities. Bellevue drivers were slightly better – they were only worse than 174 other cities – and Tacoma…
  • A Houston company now owns all St. Louis Porsche dealerships

    Diana Barr
    1 Sep 2015 | 6:36 am
    Houston-based indiGO Auto Group has purchased its second St. Louis Porsche dealership and plans to consolidate it with another Porsche dealership it bought there this spring. Duluth, Georgia-based Asbury Automotive Group Inc. (NYSE: ABG) sold St. Louis-based Plaza Porsche for an undisclosed amount. The deal, completed this week, was the fourth Porsche franchise acquisition for 5-year-old indiGO. "We looked at this deal two years ago, and we weren't able to put the pieces together," indiGO Chairman…
  • Best and worst states for drivers: How Florida measures up

    Cindy Barth
    1 Sep 2015 | 6:27 am
    Good news Floridians: We are not among the top 10 worst states for drivers, according to new research from Bankrate.com. The bad news: We're also not among the top 10 best states for drivers, either. To come up with the rankings, Bankrate.com looked at the number of fatal crashes, the number of car thefts, car repair costs, gasoline spending, insurance premiums and commute times. Here's how Florida scored: Commute each way in minutes: 25.50 Insurance premium (five-year average): $1,138 Annual…
  • Twin Eagle begins construction for new frac sand rail facility

    Sergio Chapa
    1 Sep 2015 | 5:38 am
    Logistics company Twin Eagle continues to grow despite six-year low crude oil prices and the company is building a new rail park to deliver frac sand to its customers just a few hours northwest of San Antonio. The Houston-based company broke ground on Monday for the 530-acre Permian Rail Park just eight miles west of Big Spring in West Texas. Phase I of the multi-million dollar project will use 33,000 feet of track to set up rail-to-truck sand trans-loading services and is expected to be completed…
 
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    Manufacturing News - Manufacturing News Headlines | Bizjournals.com

  • British firm to open $4M heat-treating facility in Mooresville

    Ken Elkins
    1 Sep 2015 | 7:02 am
    A metals heat-treating company from Britain plans to hire up to 15 employees in Mooresville as it opens a facility there to serve various industries, including automotive. Bodycote plc will spend $4 million to open the plant in an existing building at 128 Speedway Lane in Talbert Point Business Park. “We are proud to have them join our existing industry base,” says Robert Carney, executive director of the Mooresville-South Iredell Economic Development Corp. Bodycote will receive slightly more…
  • Durham company approved to operate within federal Foreign Trade Zone

    Jeff Jeffrey
    1 Sep 2015 | 6:45 am
    Cormetech Inc., a Durham-based manufacturer of pollution mitigation, has received approval to operate within a federal Foreign Trade Zone, which allows it to defer and reduce certain duty payments. The Foreign-Trade Zone Program was set up by the U.S. government in the 1930s to facilitate international trade and increase the global competitiveness of U.S.-based companies. The goal of the program is to offset customs advantages available to overseas producers competing with domestic industries. Cormetech…
  • Bayer MaterialScience now officially Covestro

    Justine Coyne
    1 Sep 2015 | 6:30 am
    Bayer MaterialScience is now officially operating under the Covestro name, the company announced Tuesday. Covestro, which is now legally and economically independent, will remain a 100 percent subsidiary of Bayer AG until it is floated on the stock market in the coming months. Bayer has said it wants to float Covestro on the stock market by mid-2016 at the latest in order to concentrate exclusively on its life sciences business. Bayer announced in September its intentions to spin out the MaterialScience…
  • Eaton Corp. cutting 83 jobs in Pewaukee

    Olivia Barrow
    1 Sep 2015 | 6:15 am
    Eaton Corp. is shutting down one of its production lines, laying off dozens of workers in Pewaukee. The high tech power systems manufacturer announced Monday it will permanently close its molded rubber products line at 1045 Hickory St. in Pewaukee. The closing will result in 83 layoffs, beginning on Oct. 30 and continuing through Dec. 31. Eaton Corp. is a global company based in Dublin, Ohio, with 102,000 employees. Its 2014 revenue was $22.6 billion.
  • Feds take control of Standard Register pension plan

    Joe Cogliano
    1 Sep 2015 | 6:01 am
    A federal agency has taken over the Standard Register Co. retirement plan. The Pension Benefit Guaranty Corp. on Monday said it will now be making payments to more than 8,500 current and future retirees of The Stanreco Plan, which was sponsored by the Dayton-based company. According to agency estimates, the plan was underfunded by $322 million as it has $289 million in assets to pay about $611 million in benefit liabilities. The agency is stepping in because the company sold the majority of its…
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    Media & Marketing News - Media & Marketing News Headlines | Bizjournals.com

  • A Portland maker-driven broadcast ends after 9 years

    Andy Giegerich
    1 Sep 2015 | 7:05 am
    Producers of a popular Portland nine-year-old audio program have dialed down the pods for a final time. The show "Rendered," formerly known as “Destination DIY," released its final episode on Monday. The Portland-based radio show and podcast focused on stories about makers and creativity. Check out scenes from a hopping Destination DIY event here Host Julie Sabatier began the program in 2006 on KBOO Community Radio. She eventually took the operation to Oregon Public Broadcasting, at which…
  • Tinder owner InterActiveCorp jilted Ashley Madison with 'a flat out no'

    Anthony Noto
    1 Sep 2015 | 7:02 am
    Ashley Madison just couldn't tempt The Match Group — the IAC-owned parent company of Tinder, Match.com and OkCupid — into a deal. In the months leading up to the infamous hacking of Ashley Madison, the company tried to strike up a conversation with New York City-based IAC/InterActiveCorp(Nasdaq: IACI) to see if it would be interesting in buying the adultery site, which connects married people with others looking to have an affair. "They did reach out, but given the nature of their business,…
  • Hallmark announces new VP of marketing

    1 Sep 2015 | 6:28 am
    Hallmark Cards Inc. has named a new vice president of marketing. Anita Newton begins her new role Sept. 28 and most recently worked in the same role at Adknowledge, a Kansas City-based advertising tech firm. Her previous experience also includes serving as vice president of digital and retail marketing at AMC Theaters and chief marketing officer at Zave Networks, a digital coupon company owned by Google. Newton also was inducted into the 2015 Women Who Mean Business program. In her new role, Newton…
  • Netflix and Hulu’s swap for Epix gives clues to their long-term plans

    Annlee Ellingson
    1 Sep 2015 | 5:59 am
    Over the weekend, Netflix broke the news that it was giving up streaming rights to some big movies including “Transformers: Age of Extinction,” “The Hunger Games: Catching Fire” and “World War Z.” The online video service did not renew its licensing agreement with Epix, the joint venture between Lionsgate, MGM and Paramount, which expires at the end of September. Hulu, though, was quick to swoop in and will start streaming those films plus many more on Oct. 1. The rights swap is likely…
  • 5 things to know, and breastaurants: The ups and downs

    Dell Poncet
    1 Sep 2015 | 5:32 am
    Good morning, Philadelphia regionites! Yesterday was the last day in August, which means today is Popetember 1st! Let's see what's what. Catch a falling Star Star Group Communications went out of business two months ago. It'd been doing its thing for about three decades and back in its heyday it was fairly high-profile in its field out in the wilds of South Jersey. Things happen. Now three groups are petitioning the court to force the defunct PR firm into Chapter 7. The court filings list debts…
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    Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com

  • New apartments in NoMa, Italian dining in Mount Vernon Triangle and a hospital healing garden lead permits

    Michael Neibauer
    1 Sep 2015 | 8:12 am
    Welcome back to permits. We've been in a bit of a lull recently, but September is here, and that means we are back to business. Let's build something. 911 Second St. NE: New construction from the Fortis Cos. of a six-story, 42-unit, wood-frame multifamily building in NoMa. Per the Fortis website, which notes a winter groundbreaking, the project "draws on contemporary industrial warehouse design with the exterior skin consisting of sustainable, European-engineered materials that will be a first of…
  • Former President Jimmy Carter could miss annual Habitat For Humanity project

    1 Sep 2015 | 8:08 am
    For the first time in 32 years, former President Jimmy Carter might have to skip Habitat For Humanity’s Jimmy & Rosalynn Carter Work Project. During the week, Atlanta-based Habitat volunteers will build 100 homes in partnership with low-income families in need of permanent shelter. This year, it’s in the Chitwan district in Nepal, Nov. 1-6, 2015. But for Carter, who recently started treatment for melanoma, participation in this year’s build project will depend on counsel from his medical…
  • Shorty's, Rocco's, Tula's buildings slated for redevelopment, new Belltown apartments

    Emily Parkhurst
    1 Sep 2015 | 7:47 am
    An Atlanta real estate development company is planning a 124-unit building at the site where Tula's Restaurant and Jazz Club, Rocco's and Shorty's are located in Seattle's Belltown neighborhood. The buildings where the three popular restaurants and bars, including Shorty's, which is a Cony Island-themed pinball bar, will be demolished as part of a plan to redevelop the sites at 2214, 2216 and 2224 Second Ave. Wood Partners, which has a Seattle office, is a reportedly planning a new building on…
  • Englert, Farha unveil Pinnacle Apartments

    Bill Wilson
    1 Sep 2015 | 7:34 am
    Pinnacle Lofts & Apartments, a 70-unit property developed by Jeff Englert and Nathan Farha, is under construction at Central and Waco. The property will include 33 lofts, 20 one-bedroom units and 17 two-bedroom units. Each will feature flexible open floor plans with modern finishes, exposed duct work, wood grain flooring, granite countertops and washers and dryers. Project architect is 3ten Studios and Icon Structures is the general contractor. Union State Bank is financing the project. Construction…
  • Copley Place mall renovations to start this month as part of $500M project

    Catherine Carlock
    1 Sep 2015 | 6:59 am
    Simon Property Group this month will start its renovation of the retail portion of Copley Place, the high-end retail center in Boston's Back Bay. The renovations will include physical upgrades such as new flooring and ceiling treatments, upgraded escalators and glass handrails and an upscale food court component. "Simon continues to reinvest in our properties, and the renovation of Copley Place is another strong example of that," said David Contis, president of Simon Malls, in a prepared statement.…
 
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    Retailing & Restaurants News - Retailing & Restaurants News Headlines | Bizjournals.com

  • Two Jacksonville restaurants and a food cart closed temporarily for roach, wastewater violations

    Robert Ward
    1 Sep 2015 | 8:32 am
    Two Jacksonville restaurants and a hot dog vendor were closed temporarily last week, the restaurants for roach violations and the hot dog vendor for wastewater issues. • Roma’s Italian Restaurant & Pizzeria, 14965 Old St. Augustine Road An inspector with the Florida Department of Business & Professional Regulation’s division of hotels and restaurants closed the restaurant Aug. 25 because of live and dead roaches and flies in the kitchen. The inspector found at least 18 live roaches: at least…
  • New store brewing in South Austin, and it smells like coffee

    Jan Buchholz
    1 Sep 2015 | 8:30 am
    The former Popeye's at 516 W. Oltorf St. has been sitting empty for awhile, but there's life ready to percolate at the site. Starbucks Corp. (Nasdaq: SBUX) confirmed that it is opening a new store at the busy intersection at South First Street. "Starbucks is always looking for great locations to better meet the needs of our customers, and we are happy to confirm that we will be opening a new location at 516 W. Oltorf in Austin," a spokeswoman for Starbucks said. So far the only public documents…
  • Retailers 'astounded' DOL won't extend overtime rule's comment period

    Kent Hoover
    1 Sep 2015 | 8:29 am
    If you want to weigh in on the Department of Labor’s plans to make more workers eligible for overtime pay, you have until Friday to do so — the agency has rejected requests to extend the deadline. Business groups and the Small Business Administration’s Office of Advocacy urged the Department of Labor to extend the deadline, saying businesses needed more time to consider how the agency’s proposed regulation would affect them. Under the proposed rule, workers who make less than $970 a week…
  • Developer of planned 4-star University of Maryland hotel lands financing

    Jeff Clabaugh
    1 Sep 2015 | 8:18 am
    McLean-based Capital One Financial Corp. (NYSE: COF) has arranged an $80 million syndicated loan for Vienna-based Southern Management Corp. for its construction of a four-star hotel at the University of Maryland's flagship College Park campus. The 10-story, 297-room hotel is expected to open in 2017. Southern Management will lease the 3-acre property on Route 1 from the University of Maryland College Park Foundation. The hotel, part of the university’s East Campus, will also include a conference…
  • New apartments in NoMa, Italian dining in Mount Vernon Triangle and a hospital healing garden lead permits

    Michael Neibauer
    1 Sep 2015 | 8:12 am
    Welcome back to permits. We've been in a bit of a lull recently, but September is here, and that means we are back to business. Let's build something. 911 Second St. NE: New construction from the Fortis Cos. of a six-story, 42-unit, wood-frame multifamily building in NoMa. Per the Fortis website, which notes a winter groundbreaking, the project "draws on contemporary industrial warehouse design with the exterior skin consisting of sustainable, European-engineered materials that will be a first of…
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    Sports Business News - Sports Business News Headlines | Bizjournals.com

  • Jordy Nelson, Randall Cobb, Davante Adams replace Aaron Rodgers in Associated Bank ads

    Rich Kirchen
    1 Sep 2015 | 8:23 am
    It’s official: Aaron Rodgers no longer is the commercial spokesman for Associated Bank. He is being replaced by the Green Bay Packers receiving trio of Randall Cobb, Jordy Nelson and Davante Adams. Green Bay-based Associated Bank (NYSE: ASB) announced Tuesday the three receivers will participate in “fan and customer engagement activities, a wide range of marketing projects as well as community initiatives”. The bank will launch the new arrangement with the beginning of the Packers' regular…
  • Austin catches Gay Softball World Series for 2016

    Colin Pope
    1 Sep 2015 | 8:15 am
    About 5,000 more visitors are expected in Austin next year when the Gay Softball World Series debuts. More than 2,000 players and coaches will face off on fields throughout Austin, but the attendees — from across the U.S. and Canada — are being booked mostly downtown at the JW Marriott, Hilton Hotel, Radisson and other hotels in that area, said Rick McLinden, executive director of the annual event that was held in Columbus, Ohio, last year. Austin will host the 2016 world series from Aug. 15-20. Members…
  • EXCLUSIVE: Ohio State losing about $200,000 a year on Jack Nicklaus Museum

    Evan Weese
    1 Sep 2015 | 7:55 am
    Ten years since becoming part of Ohio State University, the Jack Nicklaus Museum still needs significant subsidies from the Buckeyes athletics department. The shrine to golf’s greatest player and a former national champion at Ohio State was transferred by the private Jack Nicklaus Museum Inc. to Ohio State in 2005 in a seemingly natural move for a building that sits on campus and honors one of the university’s most-accomplished former stars. While it's seen as a community asset instead of a…
  • Who's hiring in Colorado? Here are the top 10 help-wanted advertisers (Slideshow)

    Mark Harden
    1 Sep 2015 | 7:05 am
    Who has the most jobs to fill in Colorado? One indication is which large employers are running the most help-wanted ads online. The Colorado Department of Labor and Employment each month lists the 10 employers who have the most online help-wanted ads in to fill positions in the state. The CDLE draws on data from The Conference Board's Help Wanted OnLine program. Here's the list for July. Click on the big image above to see which Colorado employers are doing the most hiring.
  • Under Armour, Nike, Adidas form rare partnership to boost shoe designer diversity

    Matthew Kish
    1 Sep 2015 | 6:47 am
    Nike Inc., Adidas AG and Under Armour Inc. aren't often in the same room together, unless it's a courtroom. But last week the sportswear giants set aside differences to support increased diversity in the footwear business. Final presentations for Pensole Footwear Design Academy's first class in partnership with BMe Community took place in Portland, Ore., on Friday. Pensole educates aspiring footwear designers. BMe Community is a support network for black men and others committed to community improvement. The…
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    Technology News - Technology News Headlines | Bizjournals.com

  • EXCLUSIVE: Free video visits with doctors? UC Health gives it a shot

    Barrett J. Brunsman
    1 Sep 2015 | 8:19 am
    UC Health is launching a pilot program this month that will enable patients who need urgent care to consult for free with doctors via a smartphone, tablet or desktop computer. Current patients of some primary care doctors will be able to discuss what ails them – and show symptoms if necessary – by using any device with a video camera and an Internet connection. A weight-loss specialist also will participate in the pilot. The first patients are expected to be seen Sept. 30, said Dr. Anya Sanchez,…
  • Animal Health Corridor adds new player to the herd

    Brian Kaberline
    1 Sep 2015 | 8:17 am
    A company focusing on stem-cell therapies is joining the Kansas City Animal Health Corridor. MediVet Biologics announced it will open a lab in Manhattan in early October. The lab will develop patented technology that the company bought from Kansas State University earlier this year. MediVet has dual headquarters in central Kentucky and Sydney, Australia. The company specializes in regenerative medicine, including a process for using an animal’s stem cells for pain relief and a vaccine designed…
  • Stereotaxis awarded U.S. patent for user interface system

    Brian Feldt
    1 Sep 2015 | 8:15 am
    Stereotaxis, the St. Louis-based medical device company that has found difficulty gaining traction with shareholders, received a U.S. patent that allows for future development of features within its Odyssey device. That’s used with the company’s Niobe device, which magnetically guides catheters through a patient’s leg and into the heart. The Odyssey is the user interface that provides lab information during the Niobe procedures, displaying video of the surgery across networks or institutions. “As…
  • Restaurant reservation app from Uber, Foursquare founders hits Philly

    Kenneth Hilario
    1 Sep 2015 | 8:05 am
    A new dining app combining table reservation and payment, and founded by Uber and Foursquare cofounders, has hit Philadelphia's dining scene. Reserve, cofounded by Garrett Camp of Uber and Naveen Selvadurai of Foursquare, has launched in more than 20 of Philadelphia's restaurants, including Bing Bing Dim Sum, Zahav, Vetri, Sbraga and Distrito, with more to come. Reserve joins OpenTable as one of Philadelphia's table-reservation platforms. Court order to force Star Group to file for Chapter 7 bankruptcy "Reserve…
  • Austin chipmaker loads up with $10M more funding

    Christopher Calnan
    1 Sep 2015 | 8:00 am
    Chipmaker Vorago Technologies Inc. has completed a $10 million round of funding to be used for new product and technology development. The financing was led by New York firm New Science Ventures LLC, according to a Tuesday announcement. The funding increases to $20 million the amount of investment capital Vorago has raised since launching. The company is labeling the latest investment as a Series A-5 round of funding, executives said. Austin-based Vorago Technologies, founded in 2004 as Silicon…
 
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    Travel Business News - Travel Business News Headlines | Bizjournals.com

  • EXCLUSIVE: Ohio State losing about $200,000 a year on Jack Nicklaus Museum

    Evan Weese
    1 Sep 2015 | 7:55 am
    Ten years since becoming part of Ohio State University, the Jack Nicklaus Museum still needs significant subsidies from the Buckeyes athletics department. The shrine to golf’s greatest player and a former national champion at Ohio State was transferred by the private Jack Nicklaus Museum Inc. to Ohio State in 2005 in a seemingly natural move for a building that sits on campus and honors one of the university’s most-accomplished former stars. While it's seen as a community asset instead of a…
  • American Airlines affiliate's financials get closer scrutiny as standoff with pilots intensifies

    Lewis Lazare
    1 Sep 2015 | 7:36 am
    The standoff between International Brotherhood of Teamsters Local 357 and Republic Airways showed no sign of ending today. Meanwhile some 2,200 Local 357 pilots who work for Indianapolis, Ind.-based Republic Airways (Nasdaq: RJET) are studying a detailed four-page document from the seven-member Local 357 executive board sent out late Friday. The document explains why the board decided not to send out for a rank and file vote the proposed last, best and final contract offer that Republic presented…
  • Marcus Hotels names Gerald Rappaport GM at Oklahoma City hotel

    Olivia Barrow
    1 Sep 2015 | 7:20 am
    Marcus Hotels & Resorts has promoted one of its own to a new post in Oklahoma City. The Milwaukee-based hospitality group named Gerald Rappaport, a familiar name in the hotel business in Milwaukee, to be the new general manager for the Skirvin Hilton Hotel in Oklahoma City. Rappaport will make the move from serving as general manager of the Hotel Phillips in Kansas City, Mo. He has had a long career in Milwaukee-area hotels, managing downtown properties Hilton Milwaukee City Center, the Intercontinental…
  • Best and worst states for drivers: How Florida measures up

    Cindy Barth
    1 Sep 2015 | 6:27 am
    Good news Floridians: We are not among the top 10 worst states for drivers, according to new research from Bankrate.com. The bad news: We're also not among the top 10 best states for drivers, either. To come up with the rankings, Bankrate.com looked at the number of fatal crashes, the number of car thefts, car repair costs, gasoline spending, insurance premiums and commute times. Here's how Florida scored: Commute each way in minutes: 25.50 Insurance premium (five-year average): $1,138 Annual…
  • Average price of gas in Kansas continues fall

    1 Sep 2015 | 5:19 am
    The average price of regular unleaded gas in Kansas has hit $2.39 a gallon, and some expect it to go much lower. The statewide average fell 13 cents in a week and is down 90 cents a gallon compared to a year ago, the Topeka Capital-Journal reports. Some analysts say gas prices could fall to $2 a gallon or less this month.
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  • Colorado's small business hiring slows, but state beats national trend

    Mark Harden
    1 Sep 2015 | 6:54 am
    Colorado's small businesses added workers in August at just half the pace of July, but that was good enough to beat the national average for the month, according to the latest monthly Small Business Indexes report from Intuit Inc. Today's report said small-business jobs in Colorado grew by 0.07 percent in August from the previous month, down from July's growth rate of 0.14 percent. But nationally, small business jobs declined by 0.02 percent last month, Intuit said. Colorado small-business employment…
  • How an interim executive role gave me new insights into business execution

    Ingar Grev
    1 Sep 2015 | 6:35 am
    A couple of years ago, a mentor gave me a great piece of advice. He told me that, despite my decades of experience, I should consider taking interim executive roles (CEO/COO/CFO) from time to time to keep me at the top of my profession. So, I folded executive work into our service offerings (it’s our top service), and last year a coaching client asked me to be the COO for his international consulting and law firm. My mentor missed telling me one thing: The experience would be incredible! Why?…
  • Pittsburgh scores a C for business friendliness

    Patty Tascarella
    1 Sep 2015 | 5:22 am
    Pittsburgh scored a C grade for small business friendliness in Thumbtack.com’s annual evaluation of cities and states gauged by surveying 18,000 small business owners nationwide. If the middling score sounds mediocre, it’s the city’s best showing. Pittsburgh scored an overall D+ in 2013 and a solid D in 2014, and last year’s report card was riddled with three Fs —in ease of starting a business, ease of hiring, and training and network programs. No Fs this time around in the 10 categories.…
  • Designer fashion boutique Mynt expands to Durham

    Rebecca Troyer
    1 Sep 2015 | 3:30 am
    Mynt, a designer fashion boutique with a decade-old shop in Elon, is expanding to Durham. The new shop is in the Rockwood shopping center at 2501 University Drive, Suite 3. It opens Tuesday, with a grand opening event scheduled for Sept. 18. The store features such brands as Rebecca Taylor, Shoshanna, Jbrand and Tory Burch. Mynt was founded by Durham resident Whitney Brown Sandor in 2004, a graduate of N.C. State University with a bachelor’s degree in business, according to the boutique's website.
  • GoDaddy expands its small business online store offerings

    Hayley Ringle
    31 Aug 2015 | 1:52 pm
    GoDaddy Inc. is expanding its online store offering to small businesses through new partnerships with Shippo and McAfee Inc. The Scottsdale-based technology provider announced today it has added email marketing, a customized shipping solution and secure certification with its GoDaddy Online Store. GoDaddy’s e-commerce offerings to help small businesses set up online stores have been on the market for over a year and has more than 40,000 customers, but the company is always adding features to…
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    Albany Business News - Local Albany News | Business Review of Albany

  • State education commissioner: Parents have the right to opt children out of state tests

    Andrew H. Roiter
    1 Sep 2015 | 7:29 am
    New York State Education Commissioner Mary Ellen Elia said parents have the right to have their children skip the state's standardized tests, WAMC reports. Results from the statewide Common Core tests were generally better than last year, but the number of students in grades third through eighth opting out of the rest quadrupled to 20 percent. Following the higher opt-out rates, there were fears that schools would be punished by federal or state agencies. But Merryl H. Tisch, chancellor of the…
  • Malta Town Board to vote on Luther Forest zoning changes soon

    1 Sep 2015 | 4:34 am
    Less than a week after Luther Forest Technology Campus's former president Mike Relyea predicted changes would come soon to the area, the Malta, New York, town board has set a vote for Oct. 5, the Daily Gazette reports. Developers from the campus, which is currently home to the $12 billion GlobalFoundries plant, are seeking zoning changes so they can offer tax breaks as an incentive to attract more nanotechnology and semiconductor companies. The vote will come following a final public hearing on…
  • Renovations begin to open a butchery in downtown Troy

    Megan Rogers
    1 Sep 2015 | 4:10 am
    Construction is beginning to renovate a former clothing boutique into a whole animal butchery in downtown Troy. Emily Petersen will open Sentinel Butchery on River Street in Troy, New York, this fall. She decided to locate in downtown Troy because of the growth the city has been experiencing in recent years, as more residents and businesses move into the city. “This isn’t the Troy I know from 20 years ago,” Petersen said. “This isn’t even the Troy from 10 years ago. It’s a whole new…
  • Syracuse, New York, laundry company laying off 150 workers in upstate New York

    Chelsea Diana
    1 Sep 2015 | 4:03 am
    Coyne Textile Services, a commercial laundry and uniform rental company, is laying off 150 workers across four cities in upstate New York, according to a notice filed with the New York State Department of Labor. The Syracuse-based business is laying off workers in Albany as well as its Syracuse headquarters, a facility outside of Binghamton and Buffalo. The notice said the company has filed for Chapter 11 bankruptcy with a possible sale of facility. The plants are scheduled to close Oct. 31. The…
  • How Google looks to change the management of diabetes

    Ron Leuty
    1 Sep 2015 | 4:00 am
    Google Inc. and drug developer Sanofi are joining forces to develop and streamline tools for managing diabetes. The end game: reducing the risk of complications and ultimately lowering the cost of managing type 1 and type 2 diabetes for nearly 30 million patients in the United States and nearly 400 million worldwide. The move comes as questions swirl about Google's future in health care, following the Mountain View-based company's (NASDAQ: GOOG) decision to move its life sciences unit from the…
 
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    Albuquerque Business News - Local Albuquerque News | Albuquerque Business First

  • Meet SAM the brick-laying robot and watch him in action (Video)

    Emily Mekinc
    1 Sep 2015 | 6:22 am
    The construction of a new high school in Washington, D.C., may look pretty typical — until you meet the most unique worker on the site. SAM100, which stands for semi-automated mason, is increasing productivity for Clark Construction Group LLC as the world's first commercially available robot used for on-site brick placement. Clark began work in November 2014 on a 29,000-square-foot high school and was joined by SAM about a week ago. Construction Robotics, based out of Victor, N.Y., began developing…
  • Spaceport America signs aerospace firm to launch contract

    Mike English
    1 Sep 2015 | 5:54 am
    Spaceport America has struck a deal with Las Cruces-based ARCA Space Corporation to serve as that company's site for launching high altitude autonomous aircraft tests, the companies announced today. ARCA, originally established in 1999 as a non-profit space-launch organization in Romania, plans to engineer, manufacture, test and bring to market rockets and other aerospace products. ARCA founder and CEO Dumitru Popescu said Spaceport America's facilities and access to protected airspace offer a…
  • SunZia transmission line project back on track after review

    Mike English
    1 Sep 2015 | 5:39 am
    The SunZia transmission line is moving forward again after completion of a review requested by New Mexico Land Commissioner Aubrey Dunn, according to a report in the Las Cruces Sun-News. Dunn had asked for a study of an alternate route that would bypass the White Sands Missile Range to the north. A spokesman for SunZia said the company has completed that study and decided against the route because it would be more expensive and not "materially benefit" the missile range's operations. “At the…
  • Santa Fe Olive Oil, with location in Nob Hill, bought by young entrepreneur

    Stephanie Guzman
    1 Sep 2015 | 5:12 am
    An olive oil and balsamic vinegar retail store with locations in Nob Hill and Santa Fe was recently sold. Santa Fe Olive Oil & Balsamic Company was purchased by Michael Aranda, a Santa Fe native and young entrepreneur. The 24 year old who studied hotel management and events planning in Switzerland returned to his hometown with an interest in running a business related to the hospitality and food industry. Aranda also wanted to continue his family's legacy of doing business in Santa Fe. His family…
  • High Finance building owners ask Forest Service OK for teardown, rebuild

    Mike English
    1 Sep 2015 | 5:10 am
    The owners of High Finance at the crest of the Sandia Mountains want to tear down the dated restaurant and rebuild it from the ground up. Sandia Peak Tram Co., the firm that owns the building, has leased the space to the owners of High Finance. Under the proposal the tram company would tear down the 7,000-square-foot building after that lease expires next year and rebuild a 12,800-square-foot restaurant in its place. Sandia Peak Tram Co. would operate the new restaurant, according to a report in…
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    Atlanta Business News - Local Atlanta News | Atlanta Business Chronicle

  • Seattle Sounders FC stays on board with Delta

    Phil W. Hudson
    1 Sep 2015 | 8:10 am
    Delta Air Lines Inc. (NYSE: DAL) signed a partnership extension with the Seattle Sounders FC, which keeps Delta as the official airline of the team. The Atlanta-based airline also chill continue to be the presenting partner of the Starting XI. Delta said Seattle is its fastest-growing international hub with more than 120 peak-day flights to 36 destinations. Delta has also invested $15 million in its facilities at Sea-Tac. Delta, a founding member of the SkyTeam global alliance, employs about 80,000…
  • Former President Jimmy Carter could miss annual Habitat For Humanity project

    1 Sep 2015 | 8:08 am
    For the first time in 32 years, former President Jimmy Carter might have to skip Habitat For Humanity’s Jimmy & Rosalynn Carter Work Project. During the week, Atlanta-based Habitat volunteers will build 100 homes in partnership with low-income families in need of permanent shelter. This year, it’s in the Chitwan district in Nepal, Nov. 1-6, 2015. But for Carter, who recently started treatment for melanoma, participation in this year’s build project will depend on counsel from his medical…
  • Atlanta wallboard distributor GMS Inc. plans $200M IPO

    David Allison
    1 Sep 2015 | 7:55 am
    Volatile world stock markets aren't keeping at least one Atlanta company from planning an IPO. GMS Inc., a 44-year-old Tucker, Ga.-based distributor of of wallboard and suspended ceilings systems, says in filings with the Securities and Exchange Commission that it hopes to raise up to $200 million in an initial public stock offering. Founded in 1971, GMS says it's grown from a single location to more than 155 branches across 36 states through a combination of both organic growth and acquisitions.…
  • Ogletree Deakins opens newest office

    1 Sep 2015 | 7:42 am
    Labor and employment law firm Ogletree, Deakins, Nash, Smoak & Stewart PC has opened a Seattle office. Shareholder Tony Byergo, who co-founded Ogletree Deakins’ Kansas City office in 2005, and attorney Sarah Evans, who has practiced at Ogletree Deakins since 2012, man the new office. The Seattle office will collaborate with Ogletree Deakins’ Portland, Ore., office, where many of the lawyers are licensed to practice law in Washington. Byergo is chair of Ogletree Deakins’ collective bargaining…
  • TSYS inks payments deal with U.K.’s Metro Bank

    1 Sep 2015 | 6:19 am
    TSYS inked a deal to process London-based Metro Bank’s credit and debit card portfolios and provide it fraud management services. Financial terms were not disclosed. Metro Bank is the U.K.’s first new high street bank in more than 100 years. “Metro Bank has a unique, customer-focused business that looks to reinvent the rules of banking,” said Gaylon Jowers, president of TSYS’ International Services segment. “At TSYS, we are constantly looking to change payments for the future, and…
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    Austin Business News - Local Austin News | Austin Business Journal

  • Austin catches Gay Softball World Series for 2016

    Colin Pope
    1 Sep 2015 | 8:15 am
    About 5,000 more visitors are expected in Austin next year when the Gay Softball World Series debuts. More than 2,000 players and coaches will face off on fields throughout Austin, but the attendees — from across the U.S. and Canada — are being booked mostly downtown at the JW Marriott, Hilton Hotel, Radisson and other hotels in that area, said Rick McLinden, executive director of the annual event that was held in Columbus, Ohio, last year. Austin will host the 2016 world series from Aug. 15-20. Members…
  • Austin chipmaker loads up with $10M more funding

    Christopher Calnan
    1 Sep 2015 | 8:00 am
    Chipmaker Vorago Technologies Inc. has completed a $10 million round of funding to be used for new product and technology development. The financing was led by New York firm New Science Ventures LLC, according to a Tuesday announcement. The funding increases to $20 million the amount of investment capital Vorago has raised since launching. The company is labeling the latest investment as a Series A-5 round of funding, executives said. Austin-based Vorago Technologies, founded in 2004 as Silicon…
  • Instacart unveils partnership with major grocery store chain

    Christopher Calnan
    1 Sep 2015 | 6:00 am
    Food delivery service Instacart Inc. has partnered with HEB Grocery Co. stores in the Austin and Houston areas. The California-based service enables customers to place their orders online and personal shoppers retrieve the details on their smartphones. The approach is designed to reduce operating costs by eliminating the need for inventory, warehouses, trucks and full-time drivers, according to a Tuesday announcement. San Antonio-based HEB, which operates more than 360 stores in Texas and Mexico,…
  • Blue Bell ice cream gets hot reception in return to store shelves

    Staff report
    1 Sep 2015 | 5:52 am
    Blue Bell Creameries' frozen desserts got an enthusiastic reception on Monday in Central Texas when the products went on sale for the first time since a listeria outbreak occurred in April. The Austin American-Statesman reports that lines had formed at some stores early Monday morning as shoppers waited to grab the familiar-looking tubs of ice cream. H-E-B Grocery Co. was limiting shoppers to a maximum of four containers but several stores sold out quickly, according to a company spokeswoman quoted…
  • Bazaarvoice narrows Q1 losses; C-suite exec resigns

    Greg Barr
    1 Sep 2015 | 5:30 am
    Bazaarvoice Inc. reported better-than-expected financial results on Monday for its first fiscal quarter of 2016, beating analysts' expectations. Austin-based Bazaarvoice (Nasdaq: BV) reported a non-GAAP net loss of $5 million, or 6 cents a share, for the three months ended July 31, compared to a net loss of $6.7 million,or 9 cents a share, according to a regulatory filing. Analysts were anticipating a loss of 8 cents a share. Revenue for the quarter was $48.9 million, a gain of 6 percent from the…
 
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    Baltimore Business News - Local Baltimore News | Baltimore Business Journal

  • The BBJ wants your best 'Baltimore' in text photo

    Jaclyn Borowski
    1 Sep 2015 | 6:52 am
    For this year's Book of Lists publication, we're on the hunt for Baltimore in text. Post a photo on social media of the word "Baltimore," including the location with the hashtag #baltimoreintext and we may use your photo in the book! We'll be checking Twitter, Facebook and Instagram for submissions. You may also send photos to Baltimore@Bizjournals.com.
  • Under Armour, Nike, Adidas form rare partnership to boost shoe designer diversity

    Matthew Kish
    1 Sep 2015 | 6:47 am
    Nike Inc., Adidas AG and Under Armour Inc. aren't often in the same room together, unless it's a courtroom. But last week the sportswear giants set aside differences to support increased diversity in the footwear business. Final presentations for Pensole Footwear Design Academy's first class in partnership with BMe Community took place in Portland, Ore., on Friday. Pensole educates aspiring footwear designers. BMe Community is a support network for black men and others committed to community improvement. The…
  • 8 things you need to know this morning

    Ryan Sharrow
    1 Sep 2015 | 4:24 am
    Baltimore's police department takes precautionary measures and Ravens head coach addressing his testy interview over the weekend are among the eight things you need to know this morning. • Baltimore's police department has canceled leave for all officers on Wednesday and Sept. 10, when hearings are scheduled for the six police officers charged in the April death of Freddie Gray. [Baltimore Sun] • Former Maryland governor Marvin Mandel will lie in repose Wednesday at the State House in Annapolis.…
  • Orioles attendance continues to pick up

    Ryan Sharrow
    1 Sep 2015 | 4:06 am
    Baltimore Orioles attendance continues to rise from a drop-off early in the season amid civil unrest in the city. The Orioles have drawn 1,933,545 fans through the Aug. 23 homestand, an increase of 1 percent compared with the same period last season, according to data compiled by SportsBusiness Journal. The 63 games have drawn an average of 30,691 people, or 67.8 percent toward Oriole Park at Camden Yards' capacity. The slight increase is up from a 0.1 percent decline through the 46 home games…
  • Fully leased Belvedere Medical Center sells for $2.4 million

    Emily Bregel
    1 Sep 2015 | 3:56 am
    The Belvedere Medical Center at 5820 York Road has sold for $2.45 million. The 25,000-square-foot, three-story medical building is fully leased. The building is a few blocks from the Senator Theatre and Belvedere Square Market. Brokers David Paulson and Patrick Smith of Blue & Obrecht Realty LLC/CORFAC International brokered the sale on behalf of local company Tsunami LLC. The asking price was $2.75 million. Baltimore resident Lou Denrich was the buyer, who plans to keep the building operating…
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    Birmingham Business News - Local Birmingham News | Birmingham Business Journal

  • AFP Alabama names 2015 National Philanthropy Day winners

    Ty West
    1 Sep 2015 | 8:08 am
    The Alabama chapter of the Association of Fundraising Professionals has unveiled the winners in its 2015 National Philanthropy Day Awards. They will be honored at the National Philanthropy Day Luncheon on Nov. 12 at the Harbert Center and recognized in a special edition of the BBJ on Nov. 13. Here's the list of this year's winners and a summary of their accomplishments, courtesy of AFP: Outstanding Youth in Philanthropy: Aaron Brazelton, nominated by YWCA Central Alabama. Brazelton has supported…
  • Two Alabama rib joints make list of 35 Best Ribs in America

    Ryan Phillips
    1 Sep 2015 | 6:23 am
    Two of America's best rib spots come from Alabama, according to the Daily Meal, which recently released its 35 Best Ribs in America for 2015. Decatur's Big Bob Gibson Bar-B-Q ranked 5th on the list, while Archibald's Bar B.Q. of Northport is 25th. Thirteen states were represented by their rib joints in The Daily Meal's list. Texas had the most restaurants on the list with 10. Forty experts voted for the Daily Meal's Best Ribs of 2015. Daily Meal editor Kate Kolenda referred to Chris Lilly of…
  • Lawsuit filed against Vestavia Hills school board over mascot rebranding

    Ryan Phillips
    1 Sep 2015 | 6:01 am
    A lawsuit has been filed against Vestavia Hills Superintendent Sheila Philips and the school board that alleges a lack of transparency and wasteful spending by Phillips and the school board during the process of removing the school's Rebel mascot. Roger Harris of Vestavia Hills on Monday filed the five-page lawsuit in Jefferson County Circuit Court, according to a report from Fox 6. Harris said he is acting on behalf of concerned citizens and alumni of Vestavia Hills High School. Phillips made…
  • Inside the Continued Erosion in China Stocks (Video)

    31 Aug 2015 | 7:50 pm
    Inside the Continued Erosion in China Stocks (Video)
  • Dick's Sporting Goods to open Cullman location on Sept. 11

    Ryan Phillips
    31 Aug 2015 | 7:14 pm
    Pittsburgh-based Dick's Sporting Goods (NYSE: DKS) on Friday, Sept. 11 will open its 14th Alabama location at 1216 Cullman Shopping Center NW in Cullman. Dick's three-day grand opening at the Cullman Shopping Center will be from Saturday, Sept. 11 through Sunday, Sept. 13., the company said in a release on Monday. The store will open at 8 a.m. Friday and Saturday, and 9 a.m. on Sunday. On Friday, the first 100 people in line at the opening will be eligible to win a free Reebok Play Dry T-Shirt. Visitors…
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    Boston Business News - Local Boston News | Boston Business Journal

  • Mass. is home to more than 60 marketing and advertising tech firms — here's why

    Sara Castellanos
    1 Sep 2015 | 8:30 am
    Companies in the field of marketing and advertising technology have been in the news lately because they're growing significantly in the Boston area. In fact, according to marketing technology startup Jebbit, the Bay State is home to more than 60 companies in the marketing and ad-tech space. That's largely because the Boston area breeds the kinds of candidates that companies in this space are looking for: People with analytical and technical skills who are also "great storytellers," according to…
  • Boston Mayor Marty Walsh proposes raising own salary, City Council pay

    By Gintautas Dumcius
    1 Sep 2015 | 7:32 am
    Mayor Marty Walsh on Monday proposed hiking the mayoral salary to $199,000 a year and increasing the annual salary of city councilors by $12,000. The proposal comes as some members of the 13-member City Council push for higher pay and the council president calls the body “ undervalued.” While Walsh is proposing an increase to the salary that comes with holding the mayor’s office, a Walsh spokeswoman said in an email that Walsh will not accept an increase “at this time.” The mayor currently…
  • ​L.A. strikes deal with USOC on 2024 Olympics

    1 Sep 2015 | 7:19 am
    Los Angeles has reportedly struck a deal with the U.S. Olympic Committee to make the city the nation’s candidate for the 2024 Olympic Games. The USOC will make the announcement on L.A. as the bid city if the deal is approved by the city council on Tuesday, reports the Associated Press, citing a person familiar with the process. Las week, a city council subcommittee approved the proposal and sent it to the full council for a vote. Mayor Eric Garcetti has already said he would support L.A.’s…
  • Copley Place mall renovations to start this month as part of $500M project

    Catherine Carlock
    1 Sep 2015 | 6:59 am
    Simon Property Group this month will start its renovation of the retail portion of Copley Place, the high-end retail center in Boston's Back Bay. The renovations will include physical upgrades such as new flooring and ceiling treatments, upgraded escalators and glass handrails and an upscale food court component. "Simon continues to reinvest in our properties, and the renovation of Copley Place is another strong example of that," said David Contis, president of Simon Malls, in a prepared statement.…
  • Observations from a Donald Trump encounter of the first kind

    Craig Douglas
    1 Sep 2015 | 4:44 am
    It was hard not to chuckle as Donald Trump strode to the press-tent podium outside of Ernie Boch Jr.’s mansion Friday night and nonchalantly wave away questions on immigration, taxes and women’s health as if he were down wind from a cow pasture. The scene was surreal, as was the fact that media of all stripes remained bent on treating this most-unconventional candidate as if he were some sort of run-of-the-mill politician. I’ve attended enough political rallies over the years to affirm that…
 
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    Buffalo Business News - Local Buffalo News | Business First of Buffalo

  • General Mills plans $100M investment to cut greenhouse gases

    Mark Reilly
    1 Sep 2015 | 4:47 am
    General Mills Inc. is pushing big cuts in greenhouse gas emissions emissions over the next decade — not just within its own operations, but at the supplier and consumer stages of the food chain, too. The company announced a $100 million investment by Golden Valley-based General Mills (NYSE: GIS) in making its own facilities more energy efficient. General Mills operates a plant in Buffalo, known primarily for production of Cheerios. The company also plans to encourage suppliers to use sustainable…
  • How much interest is there in One Seneca Tower?

    James Fink
    1 Sep 2015 | 3:22 am
    It remains to be seen whether interest in One Seneca Tower translates into actual bidders for the downtown Buffalo building next month. The auction for the city tallest -- and largely vacant -- office building has been set for Oct. 1, beginning at 3 p.m. The auction was set by State Supreme Court Justice Timothy Walker as part of a complex series of legal actions surrounding the 38-story, 851,000-square-foot structure. “We have had some overtures,” said Richard Schechter, the court-appointer…
  • Buffalo Planning Board to review two Termini projects

    James Fink
    1 Sep 2015 | 3:19 am
    As expected, developer Rocco Termini will be bringing his two latest projects to the Buffalo Planning Board, launching the process for the dual developments. Combined the projects represent more than $8.5 million in private-sector investment. Termini, as originally reported in July in Business First, is on the planning board’s Sept. 8 agenda to gain approval for developing a 76-unit apartment complex on N. Oak Street, just down the street from several of his other developments. The project will…
  • Counting down the Western New York adult brainpower rankings

    G. Scott Thomas
    1 Sep 2015 | 2:55 am
    Counting down the Western New York adult brainpower rankings
  • Alfred is No. 1 on the list of WNY's smartest communities; where does your town rank?

    G. Scott Thomas
    1 Sep 2015 | 2:55 am
    Alfred boasts the best brainpower score of any Western New York community. That's according to Business First's new ratings of educational attainment by adult residents of all 175 cities and towns in the eight-county region. • Click here to see a rundown of the top 50 communities in the Western New York brainpower rankings. • Click here to see the top-to-bottom standings of all 175 Western New York cities and towns. Alfred, a small town in eastern Allegany County, holds first place because…
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    Charlotte Business News - Local Charlotte News | Charlotte Business Journal

  • Latest wind project acquisition complete, Duke Energy powers maker of Snickers, M&Ms

    John Downey
    1 Sep 2015 | 7:46 am
    Duke Energy Renewables has closed on its purchase of half Sumitomo Corp.’s 211-megawatt Mesquite Creek Wind Project, which sells its power to candy maker Mars Inc. With the purchase, the renewables arm of Charlotte-based Duke Energy Corp. (NYSE:DUK) has more than 1,920 megawatts of wind capacity operating in the United States. More than 1,200 megawatts of that is in the state of Texas. And next year, Duke Renewables will add the 200-megawatt Los Vientos IV Wind Project in Texas to its totals. That…
  • Two big dogs join the fight against Moynihan’s dual roles

    Hilary Burns
    1 Sep 2015 | 7:36 am
    Two of the country’s largest pension funds are voting against Bank of America’s wishes on Sept. 22. The Wall Street Journal reported last night that two pension funds, California Public Employees’ Retirement System and California State Teachers’ Retirement System, are voting down BofA’s (NYSE:BAC) attempt to ratify changes to its corporate bylaws. Last fall, the Charlotte-based bank overruled a 2009 shareholder vote to separate the CEO and chairman roles by giving CEO Brian Moynihan the…
  • British firm to open $4M heat-treating facility in Mooresville

    Ken Elkins
    1 Sep 2015 | 7:02 am
    A metals heat-treating company from Britain plans to hire up to 15 employees in Mooresville as it opens a facility there to serve various industries, including automotive. Bodycote plc will spend $4 million to open the plant in an existing building at 128 Speedway Lane in Talbert Point Business Park. “We are proud to have them join our existing industry base,” says Robert Carney, executive director of the Mooresville-South Iredell Economic Development Corp. Bodycote will receive slightly more…
  • Payday lender blocked from doing business in North Carolina

    Jeff Jeffrey
    1 Sep 2015 | 6:46 am
    The N.C. Business Court has blocked online lender Western Sky Financial L.L.C. and several of its affiliates from doing business in the state, saying that allowing them to continuing issuing and collecting loans would be “adverse to the public interest.” The state sued Western Sky Financial, CashCall Inc. WS Funding Inc., Delbert Services Corp. and CashCall founder John Paul Reddam in 2013, alleging the companies collaborated in a scheme to issue loans to N.C. consumers while charging exceptionally…
  • Local organization and partners honored for helping Charlotte nonprofits

    Hilary Burns
    1 Sep 2015 | 6:24 am
    Apparo, the firm that connects nonprofits with tech solutions, announced two awards today. Two of its “skilled volunteer engagement” teams have won Consulting Magazine’s Excellence in Social and Community Investment Awards. This year, Jabian Consulting was honored for its pro bono work for Girl Scouts Hornet’s Nest Council and North Highland was awarded for it pro bono work for Alexander Youth Network. The organizations will be honored in New York City on Sept. 10. “We are excited,”…
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    Cincinnati Business News - Local Cincinnati News | Business Courier of Cincinnati

  • EXCLUSIVE: Free video visits with doctors? UC Health gives it a shot

    Barrett J. Brunsman
    1 Sep 2015 | 8:19 am
    UC Health is launching a pilot program this month that will enable patients who need urgent care to consult for free with doctors via a smartphone, tablet or desktop computer. Current patients of some primary care doctors will be able to discuss what ails them – and show symptoms if necessary – by using any device with a video camera and an Internet connection. A weight-loss specialist also will participate in the pilot. The first patients are expected to be seen Sept. 30, said Dr. Anya Sanchez,…
  • This local university ranks best for salary potential, entrepreneurship

    Erin Caproni
    1 Sep 2015 | 8:07 am
    One university in Greater Cincinnati is being recognized for its success in business education. Miami University was No. 10 in the nation in a recent Princeton Review ranking of the best colleges for future entrepreneurs. That recognition was followed by Payscale.com naming it the top public university in Ohio for salary potential. Miami’s ranking among the best colleges for entrepreneurs is based on institutional data from its Farmer School of Business, which received props from Business Insider…
  • Cincinnati's largest law firm merges with Michigan group

    Andy Brownfield
    1 Sep 2015 | 7:26 am
    Cincinnati's largest law firm is merging with a Michigan-based boutique practice that specializes in intellectual property. Dinsmore & Shohl is merging with Detroit-based Gifford, Krass, Sprinkle, Anderson & Citkowski, effective Tuesday. Gifford Krass has offices in Detroit and Ann Arbor in Michigan as well as Mystic, Conn. The merger adds 17 attorneys and 32 professional staff, increasing Dinsmore's intellectual property department to 75 attorneys. Gifford Krass shareholder Tom Anderson will serve…
  • EXCLUSIVE: Cincinnati hospital slashes ICU costs in GE software test

    Barrett J. Brunsman
    1 Sep 2015 | 7:15 am
    Jewish Hospital reduced the average length of stay in its intensive care unit by 28 percent and saved nearly $9,000 per patient using new nutrition-monitoring software designed by General Electric Healthcare. The hospital in Kenwood was the first in the nation to use GE Healthcare’s calorie-counting software. Installed in a GE ventilator that helps ICU patients breathe, the software is controlled via a touch screen that can be swiped with a finger like a smartphone. Data provided in real time…
  • Five things you need to know today, and scream it with me: We're No. 24!

    Rob Daumeyer
    1 Sep 2015 | 4:47 am
    Good morning, Cincinnati! Traffic note: Avoid the Roebling Suspension Bridge this morning. Here are the five most important things you need to know to help start your busy business day: Chinese firm to open local manufacturing facility Here's a "man bites dog" story for you: Tom Demeropolis reports that a fast-growing specialty textile firm based in China will open its first U.S. manufacturing operation in the Tri-State. Legend Athletic Wear, whose clients include Nike and Adidas, got approval…
 
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    Columbus Business News - Local Columbus News | Business First of Columbus

  • Aubrey McClendon teaming with Vicente Fox to drill in Mexico

    Tom Knox
    1 Sep 2015 | 8:25 am
    Aubrey McClendon is teaming up with the former president of Mexico to drill for oil and gas south of the border. What was an anomaly two weeks ago is now becoming a trend. McClendon, the U.S. shale wildcatter who helped bring Ohio's Utica shale play to prominence, continues going international in his quest for more oil and gas. American Energy Partners LP, the company McClendon founded after leaving Chesapeake Energy Corp. (NYSE:CHK), is targeting shale in Mexico, which could have as much as 60…
  • EXCLUSIVE: Ohio State losing about $200,000 a year on Jack Nicklaus Museum

    Evan Weese
    1 Sep 2015 | 7:55 am
    Ten years since becoming part of Ohio State University, the Jack Nicklaus Museum still needs significant subsidies from the Buckeyes athletics department. The shrine to golf’s greatest player and a former national champion at Ohio State was transferred by the private Jack Nicklaus Museum Inc. to Ohio State in 2005 in a seemingly natural move for a building that sits on campus and honors one of the university’s most-accomplished former stars. While it's seen as a community asset instead of a…
  • Morning Roundup: Central Ohio's most-dangerous intersections, meters return to highway on-ramps, and Honda's depriving us of a sweet mini convertible

    Doug Buchanan
    1 Sep 2015 | 4:59 am
    Be careful out there, especially in certain areas around Central Ohio. The Mid-Ohio Regional Planning Commission has released its list of Columbus' 40 most-dangerous intersections. The ranking is based on the number of crashes, traffic volume and severity. Here are the top three – see the MORPC website for the full list: East Livingston Avenue and Hamilton Road/Route 317. Broad Street/Route 16 at James Road. Dublin Granville Road/Route 161 at Maple Canyon Drive. Here are some sobering stats to…
  • Amazon and Microsoft will host FAA data in the cloud

    Greg Lamm
    1 Sep 2015 | 4:32 am
    Microsoft and Amazon are rivals in the lucrative cloud-computing business, but the two tech giants are showing that they can also rake in big money by teaming up. The Federal Aviation Administration has awarded Amazon Web Services and Microsoft Azure a $108 million contract – that could be worth $1 billion over the next decade – to consolidate FAA data centers and move the federal agency’s data to the cloud-computing centers hosted by the two tech giants. Amazon Web Services is in the midst…
  • ​Lifestyle Communities to resume work on stalled apartments downtown

    Brian R. Ball
    31 Aug 2015 | 1:25 pm
    Lifestyle Communities expects to relaunch construction of 243 apartments downtown after resolving nagging foundation issues with neighboring properties that had shut down the projects for the last few months. Lifestyle Communities CEO Michael DeAscentis Jr. assured me the project will be restarted in the coming days after excavation issues arose in May with the 137-unit Annex III project at 229-245 S. High St. Apparently the excavation for what DeAscentis called the project’s Beatty section had…
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    Dallas Business News - Local Dallas News | Dallas Business Journal

  • Collin County Top 50: See the highest-paid county employees and what they do

    Erin Amburgey-Sood
    1 Sep 2015 | 8:35 am
    Are you interested in how local tax dollars are spent on city and county pay? Now you can explore the most comprehensive local tool for city and county public salaries with the Dallas Business Journal's new searchable database. The data is derived from information compiled using the Texas Public Information Act and covers everyone from county clerks to city managers. Flip through the slideshow for a look at the Top 50 highest-paid employees for Collin County. Search the database below for other…
  • Tenet completes sale of Saint Louis University Hospital in St. Louis

    Angela Mueller
    1 Sep 2015 | 7:53 am
    Saint Louis University Hospital will officially become part of SSM Health today. Dallas-based Tenet Healthcare Corp. (NYSE: THC) on Monday finalized its previously announced sale of SLU Hospital to Saint Louis University. On Tuesday, Saint Louis University will contribute the hospital to SSM Health St. Louis in exchange for a minority financial interest and governance rights in SSM St. Louis. SSM will own and operate the hospital, with SLU Hospital employees becoming SSM employees. SSM and SLU…
  • Microsoft wins patent case that threatened to block the sale of Nokia phones

    Greg Lamm
    1 Sep 2015 | 7:36 am
    Microsoft has prevailed in a years-long patent complaint filed by a company that was seeking royalties on technology used in Nokia phones. The U.S. International Trade Commission has issued its final order in an eight-year-long case involving complaints that Nokia phones were illegally using InterDigital Inc. patents related to 3G cellular technology. If the ruling had gone against Microsoft (Nasdaq: MSFT), it could have blocked the company from selling its smartphones abroad, according to Bloomberg…
  • American Airlines affiliate's financials get closer scrutiny as standoff with pilots intensifies

    Lewis Lazare
    1 Sep 2015 | 7:36 am
    The standoff between International Brotherhood of Teamsters Local 357 and Republic Airways showed no sign of ending today. Meanwhile some 2,200 Local 357 pilots who work for Indianapolis, Ind.-based Republic Airways (Nasdaq: RJET) are studying a detailed four-page document from the seven-member Local 357 executive board sent out late Friday. The document explains why the board decided not to send out for a rank and file vote the proposed last, best and final contract offer that Republic presented…
  • Microsoft, Amazon land $108M cloud contract for FAA

    Greg Lamm
    1 Sep 2015 | 7:33 am
    Microsoft and Amazon are rivals in the lucrative cloud-computing business, but the two local tech giants are showing that they can also rake in big money by teaming up. The Federal Aviation Administration has awarded Amazon Web Services and Microsoft Azure a $108 million contract – that could be worth $1 billion over the next decade – to consolidate FAA data centers and move the federal agency’s data to the cloud-computing centers hosted by the two tech giants. The contract was announced…
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    Dayton Business News - Local Dayton News | Dayton Business Journal

  • Feds take control of Standard Register pension plan

    Joe Cogliano
    1 Sep 2015 | 6:01 am
    A federal agency has taken over the Standard Register Co. retirement plan. The Pension Benefit Guaranty Corp. on Monday said it will now be making payments to more than 8,500 current and future retirees of The Stanreco Plan, which was sponsored by the Dayton-based company. According to agency estimates, the plan is underfunded by $322 million as it has $289 million in assets to pay about $611 million in benefit liabilities. The agency is stepping in because the company sold the majority of its…
  • U.S. mortgage rates fall again, still under 4 percent

    1 Sep 2015 | 3:33 am
    U.S. mortgage rates took a tumble in the past week bringing good news to home buyers, according to Freddie Mac. The average 30-year fixed mortgage averaged 3.84 percent for the week ending Aug. 27, a significant decrease from 3.93 percent the previous week. A year ago, 30-year rates averaged 4.1 percent. A big factor in the mortgage rate decline stemmed from economic uncertainty coming out of China. “Events in China generated eye-catching volatility in equity markets worldwide over the past…
  • Are you working on Labor Day? A new survey shows you're not alone

    Cindy Barth
    1 Sep 2015 | 3:22 am
    With Labor Day fast approaching, 97 percent of employers will provide a paid day off for all or most employees on the holiday — Sept. 7 — according to a nationwide Bloomberg BNA survey of more than 100 human resource professionals. However, more than two in five employers, or 41 percent, said they will require some employees to work on the holiday. “Our research indicates that once again the preponderance of employers will provide a paid day off on Labor Day,” said Tony Harris, managing…
  • Which communities have the highest home values in the Dayton region? (We rank all of them)

    1 Sep 2015 | 3:12 am
    The Dayton Business Journal has compiled a ranking by 2015 average home values for areas in the nine counties that surround Dayton, with the information in a new searchable database. Note: Click here for the full list of areas with highest average home values. Darke County is home to the ZIP code with the highest average home value. In fact, Darke County is home to two of the top three highest home value ZIP codes. The Top 10 by county are Warren County with four in the Top 10, followed by Darke…
  • Ohio legislators introduce bill for tax-free textbooks

    Tristan Navera
    1 Sep 2015 | 2:58 am
    Ohio legislators introduced a bill Monday to make college textbooks tax-free. The bill, introduced in the Ohio House of Representatives by State Rep. Niraj Antani, R-Miamisburg, and two Columbus-area legislators, would exempt all college textbooks from sales tax if passed. Students would be required to be enrolled in an Ohio college or university and the textbook must be required by a course the student is enrolled in. The move comes on the heels of a sales tax holiday — the first in Ohio —…
 
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    Denver Business News - Local Denver News | Denver Business Journal

  • 5 things to know in Colorado energy this week

    Cathy Proctor
    1 Sep 2015 | 8:24 am
    Here’s your five things to know about Colorado’s energy sector this week, short and sweet: 1) Subscribers to the DBJ can check out a profile of Denver’s Extraction Oil & Gas LLC, a fast-growing energy company that in less than three years has zoomed from a tiny subsidiary to the top tier of oil and gas companies working the sprawling Denver-Julesburg Basin north of Denver. (Need a subscription? Click here) 2) What do Colorado’s groundbreaking rules designed to reduce leaks of methane, a…
  • Who's hiring in Colorado? Here are the top 10 help-wanted advertisers (Slideshow)

    Mark Harden
    1 Sep 2015 | 7:05 am
    Who has the most jobs to fill in Colorado? One indication is which large employers are running the most help-wanted ads online. The Colorado Department of Labor and Employment each month lists the 10 employers who have the most online help-wanted ads in to fill positions in the state. The CDLE draws on data from The Conference Board's Help Wanted OnLine program. Here's the list for July. Click on the big image above to see which Colorado employers are doing the most hiring.
  • Colorado's small business hiring slows, but state beats national trend

    Mark Harden
    1 Sep 2015 | 6:54 am
    Colorado's small businesses added workers in August at just half the pace of July, but that was good enough to beat the national average for the month, according to the latest monthly Small Business Indexes report from Intuit Inc. Today's report said small-business jobs in Colorado grew by 0.07 percent in August from the previous month, down from July's growth rate of 0.14 percent. But nationally, small business jobs declined by 0.02 percent last month, Intuit said. Colorado small-business employment…
  • 'Healthy' restaurant chain promises 25 new Colorado locations

    Ben Miller
    1 Sep 2015 | 6:44 am
    Grabbagreen, an Arizona-based restaurant chain selling organic foods said it's expanding into Colorado with 25 new restaurants. The Scottsdale-based chain said it's signed a franchise deal with Mike, Jerry and Tim Fitzgerald of Verdure LLC, who said they'll open one of the first Grabbagreens in the state in the Denver Tech Center. The company didn't indicate a timeline as to when the new Colorado restaurants would open. Grabbagreen said the food it sells is preservative free, gluten free and GMO…
  • Is DU law school paying female professors less than males?

    Ben Miller
    1 Sep 2015 | 6:29 am
    Is the University of Denver's law school discriminating against women by paying professors less than their male counterparts? The Equal Employment Opportunity Commission believes so, and threatens to sue the school if remedial actions aren't taken. The Denver Post reports the EEOC was alerted to the possible pay disparity by DU law professor Lucy Marsh, who filed a complaint two years ago. The EEOC, the school and Marsh will try an hash out a settlement before any legal action takes place, the…
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    Greensboro Business News - Local Greensboro News | The Business Journal of the Greater Triad Area

  • Longtime BB&T executive dies

    Owen Covington
    1 Sep 2015 | 8:18 am
    Charles Leon Wilson III, who got his start with Winston-Salem-based BB&T Corp. in 1977, has passed away at the age of 60. Wilson served as senior executive vice president and operations division manager for BB&T (NYSE: BBT) and had been a member of the bank's executive management team since 1999. "As part of the BB&T family for 38 years, Leon Wilson was much more than a colleague or a friend," said BB&T Chairman and CEO Kelly King. "He loved the people he worked with, and he loved BB&T. To many…
  • Agreement helps students transfer from community college to private U.

    Jason deBruyn
    1 Sep 2015 | 8:14 am
    An agreement signed by leaders of community colleges and private universities will make it easier for a student to transfer between the two. The N.C. Independent Colleges and Universities Board approved the revised agreement at its annual meeting in March, and the State Board of Community Colleges officially adopted the revised articulation agreement in May. The agreement moves community college students toward a four-year degree completion by more clearly defining transfer pathways and how earned…
  • Longtime Carolinian promoted to lead Wells Fargo's commercial banking in the region

    Hilary Burns
    1 Sep 2015 | 7:33 am
    Suzanne Morrison has lived in the Carolinas for over 30 years. She’s also been with Wells Fargo (and before that Wachovia) for 22 years. Now she’s merging those two parts of her life with a new role overseeing Wells Fargo's (NYSE: WFC) commercial banking in North and South Carolina. “I’m really excited,” Morrison told the Charlotte Business Journal, a sister publication, in an interview recently. “It’s a great market with great people across the Carolinas. The Carolinas have changed…
  • School gets $3.9M to study the 'morally exceptional'

    1 Sep 2015 | 5:15 am
    A team of researchers at Wake Forest University will be looking for "moral superstars." A $3.9 million grant from the Templeton Religion Trust will fund a three-year initiative "to find and define the morally exceptional and better understand how to improve moral character," according to the university. The grant is among the largest ever received for social sciences research at Wake Forest. "A lot of attention has been paid to intellectual genius, but the morally exceptional represent a form…
  • Southern Co. to be partner on Atlantic Coast Pipeline with Duke Energy, Piedmont

    John Downey
    1 Sep 2015 | 4:46 am
    Southern Cos.' proposed $12 billion purchase of AGL Resources makes the Georgia-based power company a partner with other Southeastern power giants Duke Energy and Dominion Resources in the $5 billion Atlantic Coast Pipeline. If the deal goes through, Southern (NYSE: SO) will acquire the 5 percent interest that AGL, also based in Georgia, owns in the 550-mile pipeline. The ACP is designed to transport natural gas from the Utica and Marcellus shale fields in the Northeast through a transport point…
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    Honolulu Business News - Local Honolulu News | Pacific Business News of Honolulu

  • NextEra Energy outlines 50 new commitments in Hawaiian Electric deal

    Duane Shimogawa
    31 Aug 2015 | 7:48 pm
    NextEra Energy Inc., the Florida company proposing to buy Hawaiian Electric Co. for $4.3 billion, outlined 50 new commitments Monday, including nearly $1 billion in customer savings and economic benefits in the first five years after the deal closes that are aimed at addressing concerns from Gov. David Ige, the Consumer Advocate and the 28 intervenors in the case before state regulators. NextEra (NYSE: NEE), whose commitments in the deal now number 85, also expects to accelerate the development…
  • ​Hawaii Association for Independent Schools’ new director, new ideas

    Lorin Eleni Gill
    31 Aug 2015 | 5:51 pm
    Robert Landau took the reins at the Hawaii Association for Independent Schools just last month, and thoughts on how to expand the nonprofit’s impact are already forming. “I’m meeting all kinds of interesting people from the government, education and business world, and at same time I’m starting to formulate new ideas around programs we can offer including new activities and new events,” he said. In the short five weeks he’s been executive director at HAIS, he has met with First Lady…
  • Sky Waikiki bar, lounge in Hawaii opens on Oahu: Slideshow

    Darin Moriki
    31 Aug 2015 | 5:39 pm
    Even before Sky Waikiki was officially open for business, the bar and lounge space on the 19th floor of the Waikiki Business Plaza was billed by its owners as an unprecedented addition to Hawaii's nightlife scene. So when the first of three grand openings kicked off on Friday, it seemed only fitting for the 7,000-square-foot venue to live up to the hype. "It's a dream that has become a reality," said Sky Waikiki partner Alika Mau, who, along with his three other business partners — Leighton Mau,…
  • University of Hawaii at Manoa ROTC program is best in the West

    Lorin Eleni Gill
    31 Aug 2015 | 5:13 pm
    The University of Hawaii at Manoa’s Army Reserve Officers’ Training Corps program was recognized this week as one of the best in the nation by the U.S. Army Cadet Command and the Gen. Douglas MacArthur Foundation. The UH Manoa ROTC program was named the best battalion of the Eight Brigade, among 30 senior ROTC programs on the West Coast, including Alaska and Guam. This year’s award marks the fourth in 15 years for the UH Manoa program. Lt. Col. John P. Carson IV, professor of military science…
  • Hawaii developer sells Waikiki property to Japanese investor for $30M

    Duane Shimogawa
    31 Aug 2015 | 4:48 pm
    Hawaii developer Kevin Showe and a group of investors have sold the property that was once the home to Kyo-ya Restaurant in Waikiki to a Japanese firm for $30.5 million in a deal that closed last week, according to the sales deed obtained by PBN. Tokyo-based Tsukada Global Holdings, which owns several different companies, including Best Bridal Hawaii Inc., an upscale wedding chapel owner, formed Best Hospitality LLC for the purchase of the two-story, 28,761-square-foot property and 36,858-square-foot…
 
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    Houston Business News - Local Houston News | Houston Business Journal

  • A Houston company now owns all St. Louis Porsche dealerships

    Diana Barr
    1 Sep 2015 | 6:36 am
    Houston-based indiGO Auto Group has purchased its second St. Louis Porsche dealership and plans to consolidate it with another Porsche dealership it bought there this spring. Duluth, Georgia-based Asbury Automotive Group Inc. (NYSE: ABG) sold St. Louis-based Plaza Porsche for an undisclosed amount. The deal, completed this week, was the fourth Porsche franchise acquisition for 5-year-old indiGO. "We looked at this deal two years ago, and we weren't able to put the pieces together," indiGO Chairman…
  • Brenham gets boost from federal government following Blue Bell job losses

    Laura Furr
    1 Sep 2015 | 5:59 am
    The federal branch of the Economic Development Administration is taking action in Brenham, Texas, to create more jobs and diversify the city's labor force. The home of Blue Bell Creameries, which recently saw a large spike in unemployment due to the recall of the company's ice cream products coupled with the downturn in oil prices, was awarded a $1.4 million grant from the EDA. The money will go toward the construction of a new 12,750-square-foot classroom, laboratory and workforce training center,…
  • Exclusive: Ohio firm acquires Houston construction company

    Roxanna Asgarian
    1 Sep 2015 | 5:32 am
    Akron, Ohio-based Welty Building Co. has entered Houston with an acquisition. The company scooped up Brae Burn Construction, a Houston-based firm that was established in 1977. The Houston office will operate under the name Welty - Brae Burn Construction. Tim Pixley and Eddie Heikkila, principals at the combined firm, will remain in charge of Houston operations. Brae Burn currently has eight Houston employees, but the Houston office is currently looking to staff five new positions. With this acquisition,…
  • Grocery delivery service inks partnership with HEB, expands service to two popular suburbs

    Joe Martin
    1 Sep 2015 | 5:28 am
    San Francisco-based grocery delivery service, Instacart, announced Sept. 1 it signed an official partnership with San Antonio-based H-E-B Grocery Co. LP, and will expand its service to Katy and The Woodlands, as well. Instacart already provided service from H-E-B in the past under an informal partnership, but this new deal solidifies the arrangement and allows users to shop for nearly every product in the store, according to Instacart spokeswoman, Michelle Faulkner. As part of the new arrangement,…
  • Hobby Airport opens first phase of Southwest Airlines concourse (Video)

    Joe Martin
    1 Sep 2015 | 5:21 am
    The Houston Airport System and Southwest Airlines Co. (NYSE: LUV) have opened the first phase of its international terminal and concourse. The 280,000-square-foot West Concourse, as the whole international terminal, federal inspection station and new Southwest ticket station is being called, is being opened in two phases. On Sept. 1, Southwest opened its new ticket station, which includes self-service stations, as well as international and domestic flight check-in, according to project manager Bill…
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    Jacksonville Business News - Local Jacksonville News | Jacksonville Business Journal

  • Two Jacksonville restaurants and a food cart closed temporarily for roach, wastewater violations

    Robert Ward
    1 Sep 2015 | 8:32 am
    Two Jacksonville restaurants and a hot dog vendor were closed temporarily last week, the restaurants for roach violations and the hot dog vendor for wastewater issues. • Roma’s Italian Restaurant & Pizzeria, 14965 Old St. Augustine Road An inspector with the Florida Department of Business & Professional Regulation’s division of hotels and restaurants closed the restaurant Aug. 25 because of live and dead roaches and flies in the kitchen. The inspector found at least 18 live roaches: at least…
  • FSCJ named a 'best' community college in recent ranking

    Alexa Epitropoulos
    1 Sep 2015 | 5:33 am
    Local community college Florida State College at Jacksonville is among the best in the country, according to a recent WalletHub ranking. FSCJ came in at No. 84 on the list of best and worst community colleges, tying with Shoreline Community College in Washington. FSCJ performed the best in the education outcomes and the career outcomes categories, ranking at No. 59 and No. 85 respectively. The Jacksonville community college was joined by several other Florida institutions, including North Florida…
  • Forget McDonald's, Denny's wants to make a "peace burger" with Burger King instead

    Emon Reiser
    1 Sep 2015 | 5:12 am
    It's been a good week for print advertising and world peace. Denny's bought a full-page ad in USA Today on Monday in response to Burger King's full-age ads in the Chicago Tribune and The New York Times last week asking McDonald's to make a "McWhopper" in the name of the International Day of Peace. Last week, Burger King proposed a collaboration with McDonald's to sell the "McWhopper" at a temporary store in Atlanta, and then donate the proceeds to Peace One Day, a non-profit promoting International…
  • Florida exports drop 9.9% in June

    Cindy Barth
    1 Sep 2015 | 5:08 am
    The latest international trade numbers show that $4.54 billion worth of goods left Florida for international markets in June, a decrease of 9.9 percent from May, according to Durham, N.H.-based e-forecasting.com. The June data is the most recent available. Exports of manufactured goods contributed significantly to the state's international trade, accounting for 75 percent of all state exports in June. Exports from state manufacturers decreased in June by 11.3 percent from the previous month to…
  • St. Augustine company shakes up the digital dining experience

    Colleen Michele Jones
    1 Sep 2015 | 4:00 am
    A year ago, St. Augustine startup Menuat had just begun looking beyond the boundaries of the Sunshine State for more businesses to sign on to its digital menu board service. Now, Menuat, an alumni of Jacksonville’s One Spark and the former Kyn business accelerator program, is scaling new heights, geographically and otherwise. The company, which produces electronic menu and signage systems for restaurants and entertainment venues, now counts clients in 17 states, as well as Spain, Canada and the…
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    Kansas City Business News - Local Kansas City News | Kansas City Business Journal

  • Animal Health Corridor adds new player to the herd

    Brian Kaberline
    1 Sep 2015 | 8:17 am
    A company focusing on stem-cell therapies is joining the Kansas City Animal Health Corridor. MediVet Biologics announced it will open a lab in Manhattan in early October. The lab will develop patented technology that the company bought from Kansas State University earlier this year. MediVet has dual headquarters in central Kentucky and Sydney, Australia. The company specializes in regenerative medicine, including a process for using an animal’s stem cells for pain relief and a vaccine designed…
  • Hansen abandons nomination for Kansas commerce secretary

    Austin Alonzo
    1 Sep 2015 | 8:04 am
    A day before his confirmation hearing, George Hansen has removed his name from consideration as the next Kansas commerce secretary. On Tuesday, Gov. Sam Brownback's office announced Hansen, CEO of the Enterprise Center of Johnson County, withdrew his name from consideration because "a member of his extended family has extensive business dealings with the Department of Commerce." In a statement provided by the governor's office, Hansen said he has too much respect for the governor and Kansas to accept…
  • TedxKC reimagines the future: 5 takeaways

    Leslie Collins
    1 Sep 2015 | 6:28 am
    This year's TEDxKC event asked attendees to reimagine the future, "to see the world as it isn't." Ten speakers shared their insight on a variety of topics, ranging from perseverance to the power of words and the human connection. Here are five takeaways from Saturday's event at the Kauffman Center for the Performing Arts: 1. The Kauffman Center itself How blessed is Kansas City to have a venue like the Kauffman Center for the Performing Arts? Every time I walk into the building, I am blown away…
  • Hallmark announces new VP of marketing

    1 Sep 2015 | 6:28 am
    Hallmark Cards Inc. has named a new vice president of marketing. Anita Newton begins her new role Sept. 28 and most recently worked in the same role at Adknowledge, a Kansas City-based advertising tech firm. Her previous experience also includes serving as vice president of digital and retail marketing at AMC Theaters and chief marketing officer at Zave Networks, a digital coupon company owned by Google. Newton also was inducted into the 2015 Women Who Mean Business program. In her new role, Newton…
  • Is H&R Block working to make taxes tougher?

    1 Sep 2015 | 6:26 am
    Kansas City-based H&R Block Inc. is pushing for more paperwork for the Earned Income Tax Credit, effectively making it harder for low-income people to claim the credit, Mother Jones reports. H&R Block has been lobbying for the changes for more than a year and could benefit greatly. The proposed changes, which are included in a bill approved by the Senate Appropriations Committee, would require the Internal Revenue Service to increase the paperwork for the EITC. The one-page form would become five…
 
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    Los Angeles Business News - Local Los Angeles News | Los Angeles Business from bizjournals

  • Apple partners with Cisco, explores new relationship with Hollywood

    Gina Hall
    1 Sep 2015 | 8:26 am
    Apple is looking for some big partners to beef up its massive brand. The Cupertino-based company is courting major Hollywood producers to create original content to compete with Netflix, according to a report from Variety on Monday. While the company is not commenting on those meetings, Apple did confirm Monday that it is teaming up with Cisco to bring more iPhones and iPads to business users. So what will these new partnerships mean for the company? Here are some answers. How serious is Apple…
  • CalPERS, CalSTRS urge Bank of America to keep CEO, chairman roles separate

    Riley McDermid
    1 Sep 2015 | 7:34 am
    Two of California’s largest pension funds have notified Bank of America that they will not support a new bylaw change that allows the bank to combine its chairman and CEO roles for current leader Brian Moynihan, reports The Wall Street Journal. California Public Employees’ Retirement System and California State Teachers’ Retirement System made their objections clear in a letter to California’s largest bank on Monday. Shareholders have been revolting against the new rule since the board…
  • Governor signs order to strengthen cyber security

    Allen Young
    1 Sep 2015 | 7:29 am
    Gov. Jerry Brown released an executive order on Monday that seeks to improve the state's preparation and response to cyber attacks that threaten both personal privacy and the California economy. The order creates a new office within the Governor's Office of Emergency Services to become the state's lead on detecting cyber threats. The California Cybersecurity Integration Center will develop a statewide strategy by facilitating communication and information sharing across numerous government agencies…
  • VSP Global hiring engineers after research pact with USC

    Kathy Robertson
    1 Sep 2015 | 7:29 am
    VSP Global is staffing up at its Sacramento innovation center, thanks to a new research partnership with the University of Southern California. The Center for Body Computing — a mobile health and wearable technology think tank at USC — will work with the lab to explore ways to bring VSP’s prototype wearable health monitoring eyeglass frames to market. There’s no concrete “to-market” timeline , but a next-generation product is expected in 2016, VSP spokesman Jon Schuller said. To help…
  • Dollar Shave Club sharpens signature wit in gross new ad campaign

    Annlee Ellingson
    31 Aug 2015 | 2:58 pm
    Dollar Shave Club has one word for Gillette’s one-cartridge-per-month pitch: ew. The Venice, California, men’s grooming startup has launched another irreverent ad campaign, this time focusing on how gross razor blades get when they’re too expensive to replace. Four new 30-second TV spots in which “The Crusty Razor” terrorizes bathrooms are part of the company’s first fully integrated advertising campaign that will include outdoor media, radio, social and online display. Founder and…
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    Louisville Business News - Local Louisville News | Business First of Louisville

  • Is your afternoon commute about to get easier?

    David A. Mann
    1 Sep 2015 | 8:16 am
    Is the afternoon commute about to get easier? The Kentucky Transportation Cabinet seems to think so. A news release from the cabinet said crews from Walsh Construction are making progress on the downtown portion of the Ohio River Bridges Project. As a result, new ramps to area interstates are opening and should mean significant traffic changes for drivers. Both the changes described below are expected to be in place by 5 a.m. tomorrow. New ramp from Interstate 65 South to I-64 East and I-71 North Drivers…
  • Premium areas of Churchill Downs to get $18 million overhaul

    Marty Finley
    1 Sep 2015 | 8:06 am
    After a record-setting Kentucky Derby that drew a little more than 170,000 fans this year, Churchill Downs Racetrack said Tuesday that it will undertake an $18 million project to improve the fan experience. The project at the historic Louisville track will primarily focus on overhauling the Turf Club and other premium locations. Plans call for it to be completed before the 2016 Spring Meet, which starts Saturday, April 30. Known as The Clubhouse Enhancements Project will upgrade 82,000 square feet…
  • Dinsmore & Shohl merges with Michigan law firm

    Andy Brownfield
    1 Sep 2015 | 7:46 am
    Dinsmore & Shohl LLP is merging with a Michigan-based boutique practice that specializes in intellectual property. Cincinnati-based Dinsmore & Shohl is merging with Detroit-based Gifford, Krass, Sprinkle, Anderson & Citkowski, effective Tuesday. Gifford Krass has offices in Detroit and Ann Arbor in Michigan as well as Mystic, Conn. The merger adds 17 attorneys and 32 professional staff, increasing Dinsmore's intellectual property department to 75 attorneys. Gifford Krass shareholder Tom Anderson…
  • As Humana deal looms, a fight is brewing in Washington, D.C.

    David A. Mann
    1 Sep 2015 | 7:36 am
    A fight has been brewing all summer over insurance industry consolidation. Now we're starting to see each side getting armed. There are two major acquisition deals that would leave the U.S. health insurance market in a much more consolidated state. Hartford, Conn.-based Aetna Inc. announced it would purchase Louisville-based Humana Inc. for $37 billion on July 3. A few weeks later Indianapolis-based Anthem Inc. announced it had agreed to purchase Bloomfield, Conn.-based Cigna Corp. for $54 billion. Because…
  • Google looks to change the management of diabetes

    Ron Leuty
    1 Sep 2015 | 4:24 am
    Google Inc. and drug developer Sanofi are joining forces to develop and streamline tools for managing diabetes. The end game: reducing the risk of complications and ultimately lowering the cost of managing type 1 and type 2 diabetes for nearly 30 million patients in the United States and nearly 400 million worldwide. The move comes as questions swirl about Google's future in health care, following the Mountain View-based company's (NASDAQ: GOOG) decision to move its life sciences unit from the…
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    Memphis Business News - Local Memphis News | Memphis Business Journal

  • Despite volatility, Fed officials back interest hikes

    1 Sep 2015 | 4:18 am
    Despite world stock prices rising and falling like the mountains surrounding them, Federal Reserve officials closed their meetings at Jackson Hole, Wyo., convinced that they’ll soon need to increase interest rates, The Wall Street Journal reports. Officials at the annual meeting sponsored by the Federal Reserve Bank of Kansas City said recent volatility and signs of a slowdown in China aren’t likely to slow down the U.S. economy’s expansion. The Fed has held off on rate increases until it…
  • Doctors get closer to throwing the genetic obesity switch

    1 Sep 2015 | 4:17 am
    Researchers at the Massachusetts Institute of Technology and Harvard Medical School say they have found a genetic pathway that controls human metabolism, a switchboard of sorts that can help address obesity, the Boston Business Journal reports. The study found that two key genes act as master controllers of how fat cells either burn or store fat. Researchers proved their findings using mice, reprogramming the rodents’ genes and seeing subsequent dramatic changes in body weight and fat storage.…
  • Twitter promises to hire more women, minorities by end of 2016

    Gina Hall
    1 Sep 2015 | 4:13 am
    Twitter promises it will do slightly better by the close of 2016 when it comes to gender and ethnic diversity. “We considered simply setting company-wide hiring goals, but we don’t want to stop at that,” Janet Van Huysse, Twitter’s vice president of diversity and inclusion, wrote in a blog post Friday. “If our aim is to build a company we can really be proud of — one that’s more inclusive and diverse — we need to make sure it’s a great place for both new and current employees to…
  • Are you working on Labor Day? A new survey shows you're not alone

    Cindy Barth
    1 Sep 2015 | 4:11 am
    With Labor Day fast approaching, 97 percent of employers will provide a paid day off for all or most employees on the holiday — Sept. 7 — according to a nationwide Bloomberg BNA survey of more than 100 human resource professionals. However, more than two in five employers, or 41 percent, said they will require some employees to work on the holiday. “Our research indicates that once again the preponderance of employers will provide a paid day off on Labor Day,” said Tony Harris, managing…
  • HCD names interim director after Lipscomb's suspension

    Michelle Corbet
    31 Aug 2015 | 2:50 pm
    Debbie Singleton has officially been named interim director of Housing & Community Development after long-time director Robert Lipscomb was suspended. Singleton has served as the department’s deputy director. Dewanna Smith, director of communications, Office of Mayor A C Wharton, said the Memphis Housing Authority Board is scheduled to meet Wednesday to determine an interim director for that department, which Lipscomb also headed up. Lipscomb was suspended from his positions with the Housing…
 
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    Milwaukee Business News - Local Milwaukee News | The Business Journal of Milwaukee

  • Jordy Nelson, Randall Cobb, Davante Adams replace Aaron Rodgers in Associated Bank ads

    Rich Kirchen
    1 Sep 2015 | 8:23 am
    It’s official: Aaron Rodgers no longer is the commercial spokesman for Associated Bank. He is being replaced by the Green Bay Packers receiving trio of Randall Cobb, Jordy Nelson and Davante Adams. Green Bay-based Associated Bank (NYSE: ASB) announced Tuesday the three receivers will participate in “fan and customer engagement activities, a wide range of marketing projects as well as community initiatives”. The bank will launch the new arrangement with the beginning of the Packers' regular…
  • Marcus Hotels names Gerald Rappaport GM at Oklahoma City hotel

    Olivia Barrow
    1 Sep 2015 | 7:20 am
    Marcus Hotels & Resorts has promoted one of its own to a new post in Oklahoma City. The Milwaukee-based hospitality group named Gerald Rappaport, a familiar name in the hotel business in Milwaukee, to be the new general manager for the Skirvin Hilton Hotel in Oklahoma City. Rappaport will make the move from serving as general manager of the Hotel Phillips in Kansas City, Mo. He has had a long career in Milwaukee-area hotels, managing downtown properties Hilton Milwaukee City Center, the Intercontinental…
  • Eaton Corp. cutting 83 jobs in Pewaukee

    Olivia Barrow
    1 Sep 2015 | 6:15 am
    Eaton Corp. is shutting down one of its production lines, laying off dozens of workers in Pewaukee. The high tech power systems manufacturer announced Monday it will permanently close its molded rubber products line at 1045 Hickory St. in Pewaukee. The closing will result in 83 layoffs, beginning on Oct. 30 and continuing through Dec. 31. Eaton Corp. is a global company based in Dublin, Ohio, with 102,000 employees. Its 2014 revenue was $22.6 billion.
  • Mayor Soglin recommends delay in Madison Council vote on Judge Doyle Square

    1 Sep 2015 | 5:17 am
    Madison Mayor Paul Soglin is requesting City Council members to refrain from voting on the fast-tracked $200 million Judge Doyle Square development agreement until all of the remaining issues have been resolved. Soglin's recommendation most likely will delay a council vote on the massive deal until Sept. 15. City approval on that date will allow Exact Sciences Corp., which will move its headquarters into the project, to break ground in December. The negotiations with developer JDS Development have…
  • Racine CVS may not yet be dead, with alderman planning a reversal

    1 Sep 2015 | 5:15 am
    A Racine alderman is moving ahead with an effort to have the City Council reconsider a CVS Pharmacy proposal for a drugstore on the corner of Washington and Ohio that the city rejected a month ago. The council voted down a request to rezone the property for CVS on a 7-6 vote, but that vote didn't include two aldermen who support the plan. The council will consider the request to rescind that vote Tuesday, raising the possibility that the vote could be rescinded and the rezoning approved in the same…
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    Minneapolis Business News - Local Minneapolis News | The Minneapolis / St Paul Business Journal

  • Home of the Day: Classic French Country Estate

    <strong><a href="/twincities/resources/real-estate/home-of-the-day/coldwell-banker-burnet">Coldwell Banker Burnet</a></strong>
    1 Sep 2015 | 7:58 am
    By Pat McGrath, Agent Home of the Day is presented by the Minneapolis / St. Paul Business Journal with Coldwell Banker Burnet. This is your invitation to view some of Minneapolis/St. Paul's most-luxurious properties. Come inside and take a look around. Click on the gallery image to view today's featured property. 1 Red Forest Lane, North Oaks, MN 55127 | $2,200,000 North Oaks most picturesque property. Classic French Country estate style home loaded with magnificent detail inside and out. Perfect…
  • Donaldson buys Engineered Products, beats outlook in Q4

    Mark Reilly
    1 Sep 2015 | 5:25 am
    Donaldson Co. Inc. said Tuesday that it has acquired Engineered Products Co., an Iowa maker of indicators and gauges used in filtration systems. Bloomington-based Donaldson (NYSE: DCI) didn't disclose terms of the deal for Engineered Products, which it will bundle in its engine-products segment. Engineered Products, based in Waterloo, Iowa, had revenue of about $9 million. Donaldson also announced fourth-quarter results that beat Wall Street estimates.
  • Best Buy catches up to Amazon (on prices, anyway)

    Mark Reilly
    1 Sep 2015 | 5:22 am
    Best Buy Co. Inc. made price-matching with Amazon.com Inc. a key element of its effort to rebuild the company in a shifting retail market. Judging from recent price checks by analysts and Best Buy's own performance, it looks like the strategy is working. CNBC reports on comments by SunTrust Robinson Humphrey Managing Director David Magee, who has kept a sharp eye on prices at Richfield-based Best Buy (NYSE: BBY) and its rival Amazon for years. A recent basket check of 50 accessories and more expensive…
  • SNAPSHOT: Hot; Chant uproar; Butterfly boost; Postal slowdown; Fair manure measured; Netflix's bets (Video)

    Dirk DeYoung
    1 Sep 2015 | 5:16 am
    Today's Twin Cities weather, sports scores and schedules, conversation starters, traffic and flight information: Local weather Partly sunny, high of 87 National weather Heavy rain possible over parts of Florida Today's headlines Police union official critical of 'disgusting' chant at Black Lives Matter march More than 50 guests fall ill after Minneapolis wedding St. Croix Valley coalition vows to help butterflies, bees and other pollinators As Postal Service cuts back, mail delivery gets slower…
  • Stadium subcontractors pleaded with MSFA to be paid

    Mark Reilly
    1 Sep 2015 | 5:08 am
    As a dispute festered between the Minnesota Sports Facilities Authority and chief stadium contractor Mortenson Construction over changes to the Minnesota Vikings stadium, unpaid front-line subcontracting companies teetered on the verge of bankruptcy. The Star Tribune reports on letters from at least two subcontractors working on U.S. Bank Stadium, who told MSFA leaders that they were in financial distress because they couldn't bill for the work they were doing. MSFA rebuffed their pleas, saying…
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    Nashville Business News - Local Nashville News | The Nashville Business Journal

  • HCA's TriStar wants another freestanding emergency room, this time in Mt. Juliet

    Eleanor Kennedy
    1 Sep 2015 | 8:02 am
    While the battle over a freestanding emergency department south of town in Brentwood lives on, Nashville-based HCA Holdings Inc.'s hometown system TriStar Health has its eyes on broadening its reach east of Nashville. TriStar Summit Medical Center, located in Hermitage, is seeking permission to build a freestanding emergency department at the intersection of I-40 and Beckwith Road in Mt. Juliet, according to a news release. It's the latest of several efforts from the health care giant's local system…
  • Another downtown Franklin development takes shape

    Adam Sichko
    1 Sep 2015 | 6:15 am
    A group of Franklin-based developers are under contract to buy 2.3 acres in the city's historic downtown, with plans for a mixed-use development. The roughly $5 million acquisition of the property from Franklin United Methodist Church is set to close in December. The buyers include Jay Franks and Rod Heller — a duo tackling a separate, $82 million development elsewhere downtown — as well as local preservationist and contractor Bill Powell. The plans for the church property, announced late Aug.…
  • Nielsen developing program to track Netflix, Amazon ratings

    1 Sep 2015 | 6:08 am
    The ratings tracking company Nielsen has said it will scale up a program to track the ratings of Netflix, Amazon Prime and other streaming services, according to the Wall Street Journal. Prior to this, Netflix has been very secretive of its ratings and dismissive of Nielsen's ratings. It has said that Nielsen's ratings wouldn't include data from mobile devices and overseas. If the revealed information shows that streaming is performing well, it could give Netflix and others more leverage in licencing…
  • Nashville music company makes Texas acquisition

    E.J. Boyer
    1 Sep 2015 | 6:05 am
    Nashville-based Thirty Tigers, an independent music marketing, management and distribution company, has bought Unrest Music Group, out of Texas. The acquisition, announced Monday, marks the company's continued push into commercial country music, Nashville's traditional bread and butter. Thirty Tigers, which will distribute close to 80 albums this year, is better known for working with indie rock and Americana acts, including Jason Isbell and St. Paul and the Broken Bones. Financial terms were not…
  • Online car dealer to open 'vending-machine' location in Nashville

    Alison Nash
    1 Sep 2015 | 6:04 am
    Carvana, a national online auto retailer, will soon be opening its car vending-machine concept in Nashville. According to The Tennessean, the Phoenix-based retailer plans to open a 7,192-square-foot customer center at 4270 Kenilwood Drive in October. Carvana plans to employ 20 people at the location. In May 2014, Carvana opened a distribution center in Nashville, marking the company's first expansion. Construction is already underway. The vending-machine concept will include a customer center,…
 
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    Orlando Business News - Local Orlando News | The Orlando Business Journal

  • Subcontractor bids to open soon for Orange County's new $71M school

    Rachel Williams
    1 Sep 2015 | 7:48 am
    Subcontractor opportunities with a new $71 million high school coming to Orange County will open soon. Early site package bids will open in October, and main project bids will open in December, said Micaela Riseling, spokeswoman for Wharton-Smith Inc. Wharton-Smith was named the construction manager of the 385,000-square-foot, multi-story high school being built on 68 acres near Windermere. The West Orange relief high school, as the project is now called, will hold up to 2,800 students. This is…
  • What's next for David Siegel's student drug-testing plan

    Rachel Williams
    1 Sep 2015 | 7:46 am
    David Siegel has a plan to push his student drug-testing plan, and it includes the Supreme Court. This comes after the University of Central Florida declined Siegel's proposal to randomly drug test students, an idea he formed after his 18-year-old daughter, Victoria, died of an accidental drug overdose. President John Hitt and other UCF leaders met with Siegel, but on Aug. 28 announced the college would not adopt the plan because of legal issues. "Courts have consistently ruled that programs such…
  • Best and worst states for drivers: How Florida measures up

    Cindy Barth
    1 Sep 2015 | 6:27 am
    Good news Floridians: We are not among the top 10 worst states for drivers, according to new research from Bankrate.com. The bad news: We're also not among the top 10 best states for drivers, either. To come up with the rankings, Bankrate.com looked at the number of fatal crashes, the number of car thefts, car repair costs, gasoline spending, insurance premiums and commute times. Here's how Florida scored: Commute each way in minutes: 25.50 Insurance premium (five-year average): $1,138 Annual…
  • Orlando-area home prices increase in July

    Cindy Barth
    1 Sep 2015 | 6:26 am
    Home prices in the Orlando-Kissimmee-Sanford metropolitan statistical area, including distressed sales, increased by 5.9 percent in July compared to the year-ago period, a new report from CoreLogic shows. On a month-over-month basis, home prices increased by 1.3 percent in July compared with June. Excluding distressed sales, year-over-year prices increased by 5.5 percent in July compared with July 2014, while on a month-over-month basis, home prices increased by 0.7 percent in July compared with…
  • 7 things to know about today, plus 2 local attorneys disciplined

    Cindy Barth
    1 Sep 2015 | 3:58 am
    Good morning, fellow Orlandoans! Looks like we'll be back in a typical summertime weather pattern today, which means that you can expect a heavy downpour about the time you leave the office on your way home. At least that's how it always seems to go these days. I remember when I first came to Florida that you could almost set your watch by the afternoon rain; i.e., 3-3:30 p.m. Alas, now it seems to always hit right about commute time. And with all the roadwork going on ... well, you get the picture. Anyway,…
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    Philadelphia Business News - Local Philadelphia News | The Philadelphia Business Journal

  • Restaurant reservation app from Uber, Foursquare founders hits Philly

    Kenneth Hilario
    1 Sep 2015 | 8:05 am
    A new dining app combining table reservation and payment, and founded by Uber and Foursquare cofounders, has hit Philadelphia's dining scene. Reserve, cofounded by Garrett Camp of Uber and Naveen Selvadurai of Foursquare, has launched in more than 20 of Philadelphia's restaurants, including Bing Bing Dim Sum, Zahav, Vetri, Sbraga and Distrito, with more to come. Reserve joins OpenTable as one of Philadelphia's table-reservation platforms. Court order to force Star Group to file for Chapter 7 bankruptcy "Reserve…
  • Harry Styles makes surprise stop at Villanova pizza joint

    Dan Norton
    1 Sep 2015 | 7:56 am
    Harry Styles was headed in One Direction... toward pizza. To be more specific, he stopped by Villanova University pizza joint Campus Corner in Radnor, Pa. on Monday night. Styles' popular band One Direction plays Tuesday night at Lincoln Financial Field. If you're taking the kids to South Philadelphia for the show (or you're going for a business meeting...), impress the youngsters with your pop star knowledge by checking out Twitter reacted to his pizza craving. Harry Styles with some of our customers!!!!…
  • Bucks County firm uses 3D printing tech to make drugs, raises $39M

    John George
    1 Sep 2015 | 7:29 am
    A Bucks County specialty pharmaceutical company that is using three-dimensional technology to make drugs that are easier to swallow has raised $38.75 million through a debt sale, according to documents filed with the Securities and Exchange Commission. Aprecia Pharmaceuticals Co. is seeking to raise a total of $52 million, according to the filing. Camden research center opens world’s largest public stem cell collection The Langhorne, Pa., company’s proprietary ZipDose platform leverages three-dimensional…
  • Interested buyers emerge for Stockton's Showboat property

    Alison Burdo
    1 Sep 2015 | 5:56 am
    One year after the Showboat casino closed its doors and after nearly nine months of ownership limbo, Stockton University may have a buyer for the vacant property. Local startup leader launches new venture behind $2.7M in funding Stockton University officials said Monday they have received "several" expressions of interest, according to the Asbury Park Press. The university’s board of trustees held a special meeting to consider the offers. Acting president Harvey Kesselman said afterward it could…
  • ApprenNet CEO talks taking over after death of Rachel Jacobs

    Dan Norton
    1 Sep 2015 | 5:54 am
    Paul Freedman took over as ApprenNet's CEO following the death of his predecessor, Rachel Jacobs, who was killed in the tragic Amtrak derailment in mid-May. Prior to her death, Jacobs and Freedman were wrapping up plans to merge ApprenNet, a local ed-tech startup focused on hands-on learning, and his company, San Francisco-based Handsfree Learning. While Freedman is based on the West Coast, ApprenNet's headquarters will remain in Philadelphia, along with most of its 16 employees. The new company…
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    Phoenix Business News - Local Phoenix News | The Business Journal of Phoenix

  • Wal-Mart Stores cutting back on hours at some locations as it hikes wages

    Patrick O'Grady
    1 Sep 2015 | 6:40 am
    Wal-Mart Stores Inc. is cutting back on workers' hours, just as it was beginning to raise their pay. That's according to a report by CNBC, which says the company is doing it in select stores, but didn't say where. Earlier this year, Wal-Mart announced plans to increase wages on average to about $10 an hour for employees in its Arizona stores and around the country. That change was to occur by early 2016. Wal-Mart officials told CNBC the cuts would only affect stores that were exceeding their budgets…
  • Thousands of residents, businesses still dealing with power outages from Monday's storm

    Patrick O'Grady
    1 Sep 2015 | 6:21 am
    Utility crews were working through the night to restore power to hundreds of businesses that lost power as a result of the powerful storm that passed through Phoenix on Monday night. Arizona Public Service Co. was reporting thousands without power in select areas of the Valley, but areas hardest hit included those near downtown and some areas from Indian School to Thomas Road beyond 24th Avenue. Salt River Project was reporting multiple outages along a corridor that ran primarily between McDowell…
  • Storms create havoc in Phoenix, shut down Sky Harbor

    Patrick O'Grady
    31 Aug 2015 | 10:12 pm
    Air travelers at Phoenix Sky Harbor International Airport got stuck in a massive storm on Monday night that put a halt on flights coming to or leaving the airport and damaged one terminal. Phoenix airport officials called for the ground stop — a term used when an airport is essentially shut down — at about 7:30 p.m. as the storm ripped through central Phoenix. The ground stop was lifted about 8:45 p.m. and flights began to resume. Officials said the storm damaged the roof on Terminal 3, but…
  • Apple looks at potential for original programming, new Apple TV

    Patrick O'Grady
    31 Aug 2015 | 9:58 pm
    Apple Inc. may be getting ready to move into digital programming, and its Mesa data center may be coming into play just in time. The Los Angeles Times was reporting the Cupertino, California-based Apple (Nasdaq: AAPL) reported the company was in talks with with Hollywood executives to potentially develop original video programming. That comes after reports from sites including 9to5Mac.com were reporting a new Apple TV may be among the big announcements coming at the company's planned media event…
  • HMO 2.0 coming soon to a worksite near you

    Angela Gonzales
    31 Aug 2015 | 9:15 pm
    Health maintenance organizations have died a slow death during the past several years — mainly because people didn't like the way insurers skimped on care. But a new improved version of the HMO is making a comeback. Accountable care organizations are basically smaller networks like HMOs. If you want to sound like you know the lingo, call it a narrow network. That will impress your insurance broker. The HMO 2.0 is gaining a stronghold in the Medicare market, which means as the operators of ACOs…
 
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    Pittsburgh Business News - Local Pittsburgh News | The Pittsburgh Business Times

  • Auditor General to investigate financial impact of budget impasse on school districts

    Justine Coyne
    1 Sep 2015 | 7:32 am
    Pennsylvania Auditor General Eugene DePasquale announced Tuesday his department will begin collecting information from schools districts in the state to determine the financial fall-out from missed school funding payments due to the ongoing state budget impasse. “Students across the state are returning to school now, but much-needed state funding has been stalled by the budget impasse in Harrisburg,” DePasquale said in a statement. “It’s causing administrative uncertainty in schools throughout…
  • Bayer MaterialScience now officially Covestro

    Justine Coyne
    1 Sep 2015 | 6:30 am
    Bayer MaterialScience is now officially operating under the Covestro name, the company announced Tuesday. Covestro, which is now legally and economically independent, will remain a 100 percent subsidiary of Bayer AG until it is floated on the stock market in the coming months. Bayer has said it wants to float Covestro on the stock market by mid-2016 at the latest in order to concentrate exclusively on its life sciences business. Bayer announced in September its intentions to spin out the MaterialScience…
  • Five Things to know today, and why Kraft Heinz is consolidating its media buying

    Justine Coyne
    1 Sep 2015 | 5:28 am
    Happy Tuesday and welcome back, back-to-school traffic. Here's five things to know to start your day. Kraft Heinz consolidates media buying, planning The recently merged Kraft Heinz Co. (Nasdaq: KFC) will consolidate media planning and buying in the U.S., according to a report by Advertising Age. The company has selected Publicis Groupe's Starcom, which had been the incumbent for the former Kraft Foods Group Co., to handle its combined media planning and buying. Heinz's media buying had previously…
  • Pittsburgh scores a C for business friendliness

    Patty Tascarella
    1 Sep 2015 | 5:22 am
    Pittsburgh scored a C grade for small business friendliness in Thumbtack.com’s annual evaluation of cities and states gauged by surveying 18,000 small business owners nationwide. If the middling score sounds mediocre, it’s the city’s best showing. Pittsburgh scored an overall D+ in 2013 and a solid D in 2014, and last year’s report card was riddled with three Fs —in ease of starting a business, ease of hiring, and training and network programs. No Fs this time around in the 10 categories.…
  • MSA to acquire UK-based fall-protection company

    Justine Coyne
    1 Sep 2015 | 5:19 am
    MSA Safety Inc. announced plans Tuesday to acquire United Kingdom-based Latchways plc in a deal valued at about $191 million. MSA (NYSE: MSA) said the transaction represents a key step in its corporate strategy by expanding its investment in one of the largest and fastest-growing product segments of the global safety market. Latchways is a global market leader of permanent engineered fall-protection systems, which includes both horizontal lifelines and vertical lifelines. The acquisition will double…
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    Portland Business News - Local Portland News | The Portland Business Journal

  • Portland senior care facility sold for $6.7M to Tennessee trust

    Andy Giegerich
    1 Sep 2015 | 7:36 am
    A Portland senior living facility has changed hands. Golden Age Senior Living was one of two companies that National Health Investors (NYSE: NHI) purchased. Golden Age sold for $6.7 million. The company also bought a Roscommon, Michigan facility for $6 million. "These acquisitions are representative of our desire to continue our practice of partnering with strong regional operators,” said Eric Mendelsohn, NHI’s president and CEO, in a release. The 40-bed Portland spot was renovated in 2010…
  • Oregon's senators want corporations to disclose political gifts

    Andy Giegerich
    1 Sep 2015 | 7:18 am
    Oregon's two U.S. senators joined 42 of their peers in calling on the Securities and Exchange Commission for tighter transparency rules. Essentially, Jeff Merkley and Ron Wyden want public companies to disclose political spending to their shareholders. The call comes five years after the Supreme Court’s 2010 Citizens United decision. "The Citizens United decision unleashed unlimited corporate spending into American elections," the senators said. "Without requirements for disclosure, that spending…
  • A Portland maker-driven broadcast ends after 9 years

    Andy Giegerich
    1 Sep 2015 | 7:05 am
    Producers of a popular Portland nine-year-old audio program have dialed down the pods for a final time. The show "Rendered," formerly known as “Destination DIY," released its final episode on Monday. The Portland-based radio show and podcast focused on stories about makers and creativity. Check out scenes from a hopping Destination DIY event here Host Julie Sabatier began the program in 2006 on KBOO Community Radio. She eventually took the operation to Oregon Public Broadcasting, at which…
  • An architectural legend's appearance highlights Japanese Garden groundbreaking

    Andy Giegerich
    1 Sep 2015 | 6:43 am
    Yesterday's groundbreaking ceremony for work on the Japanese Garden drew some big names. From the local government realm, Portland City Commissioner Nick Fish grabbed a shovel. As did, from Portland's business world, commercial real estate giant Jordan Schnitzer of Harsch Investment Properties. Click here for renderings of the proposed Japanese Garden renovation However no guest at the ceremony, which launches what organizers hope will be a $33.5 million renovation, received more respect than…
  • Behind the scenes at 'A Prairie Home Companion's' Portland show (Photos)

    Cathy Cheney
    1 Sep 2015 | 6:21 am
    Labor Day's almost here, which, of course, spells both the end of summer and the end of tourist season. With the long weekend in sight, I thought would be a great time to check in on one of Oregon's biggest tourist attractions. The Oregon Zoo was the first in the nation to host a summer concert series, starting its concert series in 1979. The Oregon Zoo Summer Concert series not only offers a welcome diversion, it benefits the Zoo's animal welfare, education and conservation programs. This year's…
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    Raleigh Business News - Local Raleigh News | The Triangle Business Journal

  • Durham's Heat Biologics enrolls first patient in lung cancer trial

    Jason deBruyn
    1 Sep 2015 | 7:57 am
    Durham cancer treatment developer Heat Biologics, Inc. (Nasdaq: HTBX) enrolled its first patient in a clinical trial to test a combination therapy against lunch cancer. Enrolling the first patient in a trial is an important milestone because it serves as a sort of bookend to the trial, but simply enrolling a patient indicates nothing about a treatment’s safety or efficacy. Read: Durham's Heat Biologics expects to raise $10M Monday for drug development The trial combines Heat’s therapeutic…
  • Durham company approved to operate within federal Foreign Trade Zone

    Jeff Jeffrey
    1 Sep 2015 | 6:45 am
    Cormetech Inc., a Durham-based manufacturer of pollution mitigation, has received approval to operate within a federal Foreign Trade Zone, which allows it to defer and reduce certain duty payments. The Foreign-Trade Zone Program was set up by the U.S. government in the 1930s to facilitate international trade and increase the global competitiveness of U.S.-based companies. The goal of the program is to offset customs advantages available to overseas producers competing with domestic industries. Cormetech…
  • Chipotle non-GMO? No, says lawsuit

    Mark Harden
    1 Sep 2015 | 4:54 am
    Chipotle Mexican Grill Inc.'s heavily promoted claim that it does not serve genetically-modified food is untrue, says a national law firm that has sued the Denver-based monster-burrito chain. Kaplan Fox & Kilsheimer LLP said it filed the federal suit Friday in San Francisco on behalf of plaintiff Colleen Gallagher and other Californians who have eaten Chipotle food since April 27. The firm often represents plaintiffs in class-action suits against companies. April 27 is when the company (NYSE: CMG)…
  • 5 questions with 'Love It or List It' producer about new season, now filming in Triangle

    Rebecca Troyer
    1 Sep 2015 | 4:00 am
    As Triangle Business Journal has previously reported, production of HGTV's popular home makeover show, "Love It or List It," has been filming this year in the Raleigh-Durham area. On the show, homeowners decide whether to "love" their existing homes after a design makeover by designer and co-host Hilary Farr, or "list" their home with the assistance of realtor and co-host David Visentin. Read: Inside the filming of 'Love it or List it' in the Triangle (photos) As the new season prepares to launch…
  • New Indian restaurant now open in Cary

    Rebecca Troyer
    1 Sep 2015 | 3:45 am
    Nazara Indian Bistro, a new restaurant featuring Indian cuisine, opened last week at 1945 High House Road in Cary. The site is the former East Coast Wings & Grill near the corner of Davis Drive and High House Road. Currently the restaurant is open from noon to 3 p.m. for lunch and from 5 p.m. to 11 p.m. for dinner, according to its Facebook page.
 
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    Sacramento Business News - Local Sacramento News | The Sacramento Business Journal

  • Tuesday cheat sheet: Uber gets airport deal; U.S. stocks plunge on Chinese economy news

    1 Sep 2015 | 7:06 am
    Happy Tuesday! The weather is cooling off (slightly), it's the first day of September and a three-day weekend is on the horizon. Here are five things people will be chatting about today at the office. Weather: High of 91 today before cooling into the 80s by midweek. Temperatures should rise back into the low 90s for Labor Day weekend. Stocks plunge: The Dow Jones index cratered roughly 340 points in early trading Tuesday. More bad news on the weak Chinese economy is to blame. Stocks also tumbled…
  • Governor signs order to strengthen cyber security

    Allen Young
    1 Sep 2015 | 6:45 am
    Gov. Jerry Brown released an executive order on Monday that seeks to improve the state's preparation and response to cyber attacks that threaten both personal privacy and the California economy. The order creates a new office within the Governor's Office of Emergency Services to become the state's lead on detecting cyber threats. The California Cybersecurity Integration Center will develop a statewide strategy by facilitating communication and information sharing across numerous government agencies…
  • New Galleria restaurant expected to open this week

    1 Sep 2015 | 6:25 am
    A major new addition to the dining lineup at the Westfield Galleria in Roseville is almost ready to serve customers. Locally owned restaurant Land Ocean is scheduled to open at 11 a.m. Friday, pending final approvals, according to a post on the eatery's Facebook page. It's the second location for Land Ocean, which is co-owned by Mark Platt and Karoline Platt. Land Ocean covers 4,082 square feet between Nordstrom and The Cheesecake Factory on the Galleria's upper level. It fills a space once expected…
  • Covered California releases bid for peak-time call center contractor in Sacramento

    Kathy Robertson
    1 Sep 2015 | 6:22 am
    Covered California is shopping for a contractor to provide peak-time call center support staff in the Sacramento region for its upcoming open enrollment period. The state health benefits exchange wants the equivalent of up to 600 full-time staff for about six months — and will pay the contractor up to $12 million, according to a request for proposals released last week. This is the deal In-Sync Consulting Services in Roseville and Virginia-based call center operator Faneuil have been waiting…
  • Novozymes picks UC Davis for its first U.S. research conference

    Mark Anderson
    1 Sep 2015 | 6:17 am
    Danish enzyme-maker Novozymes Inc. is holding its annual international conference at the University of California Davis this week. The global research and development conference is expected to draw about 250 scientists from around the world for three days. The conference started Monday on campus. Novozymes is based in Bagsværd, Denmark. The company usually hosts its annual meeting in Denmark and this year marks the first time it is not being held there, said company spokeswoman Paige Donnelly. The…
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    St. Louis Business News - Local St. Louis News | The St. Louis Business Journal

  • Insider transactions lead to hope for SunEdison despite stock’s fall

    Brian Feldt
    1 Sep 2015 | 8:33 am
    At least one analyst is encouraged by the fact that SunEdison’s top two executives — and three of its board members — are buying shares of the Maryland Heights-based renewable energy developer. Angelo Zino, an analyst at S&P Capital IQ, has maintained a “Strong Buy” rating on SunEdison even though its stock has tumbled more than 60 percent over the past several months — from $33.46 in June down to $8.80 in late August, with the stock trading at $11.22 a share early Tuesday. Over the…
  • Startup pairs young immigrants with seniors to help language barrier

    By Jim Bafaro
    1 Sep 2015 | 8:24 am
    Two life-shaping events formed the foundation of St. Louis entrepreneur Rey Castuciano’s startup, Table Wisdom. The first event happened in 1989, when Castuciano, along with his mother, father and sister, immigrated to the United States from the Philippines. Among the frustrations experienced by the then-15-year-old boy were those that dealt with learning a new language. “My issues were accent and vocabulary,” he said. “It was difficult to maintain a conversation flow. When I tried to converse…
  • St. Louis Fed’s Bullard says he’s rethinking inflation

    Greg Edwards
    1 Sep 2015 | 8:23 am
    Inflation fell less than expected during the recession, when unemployment was high. It has also risen less in the recovery as employment increased, leading Jim Bullard, president of the Federal Reserve Bank of St. Louis, and other top Fed bankers to reconsider widely held theories on inflation. “There is definitely less confidence, a lot less confidence” about how inflation works, Bullard told The Wall Street Journal during an economic symposium in Jackson Hole, Wyoming, last week. The topic…
  • Stereotaxis awarded U.S. patent for user interface system

    Brian Feldt
    1 Sep 2015 | 8:15 am
    Stereotaxis, the St. Louis-based medical device company that has found difficulty gaining traction with shareholders, received a U.S. patent that allows for future development of features within its Odyssey device. That’s used with the company’s Niobe device, which magnetically guides catheters through a patient’s leg and into the heart. The Odyssey is the user interface that provides lab information during the Niobe procedures, displaying video of the surgery across networks or institutions. “As…
  • Home of the Day: Lovely Des Peres Custom Low Country Home

    <strong><a href="/stlouis/resources/real-estate/home-of-the-day/dielmann-sothebys-international-realty">Dielmann Sotheby's International Realty</a></strong>
    1 Sep 2015 | 7:30 am
    By Warner Hall Thornhill, Agents Home of the Day is presented by the St. Louis Business Journal with Dielmann Sotheby's International Realty. This is your invitation to view some of St. Louis's most-luxurious properties. Come inside and take a look around. Click on the gallery image to view today's featured property. 2 Briarbrook Trail, Des Peres, MO 63131 | $799,900 I'll see you after work with your drink waiting for you on the front porch! Oh the joys of a Southern Low Country home are unsurpassed.…
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    San Antonio Business News - Local San Antonio News | The San Antonio Business Journal

  • Oilfield data analytics firm raises latest round of private capital

    James Aldridge
    1 Sep 2015 | 6:48 am
    San Antonio-based WellAware has raised $16 million in Series B1 financing from Mitsui & Co. (U.S.A.) Inc. and Genscape Inc. WellAware, an oil-and-gas technology company, will use the capital to expand operations and augment its oilfield analytics product development efforts. The company utilizes a Wi-Fi-based well monitoring and notification system in the Eagle Ford Shale. “We are excited to have globally recognized strategic partners Mitsui and Genscape as part of our impressive roster of investors,”…
  • H-E-B, Instacart form food-delivery partnership

    Christopher Calnan
    1 Sep 2015 | 6:26 am
    Food delivery service Instacart Inc. has partnered with H-E-B stores in the Austin and Houston areas, but not San Antonio. The California-based service enables customers to place their orders online and personal shoppers retrieve the details on their smartphones. The approach is designed to reduce operating costs by eliminating the need for inventory, warehouses, trucks and full-time drivers, according to a Tuesday announcement. San Antonio-based H-E-B, which operates more than 360 stores in Texas…
  • Oil industry asks Texas Supreme Court to reconsider decision in royalties case

    Sergio Chapa
    1 Sep 2015 | 5:50 am
    A coalition of energy companies and oil industry leaders is asking the Texas Supreme Court to reconsider a 5-4 decision that it recently handed down against Chesapeake Energy Corp. in a royalties dispute. In a June 12 decision, the Texas Supreme Court upheld a lower court ruling that Chesepeake (NYSE: CHK) owed the Hyder family of Fort Worth more than $575,00 in royalties for natural gas leases on their land. The court ruled that the Oklahoma City-based company improperly deducted post-production…
  • Twin Eagle begins construction for new frac sand rail facility

    Sergio Chapa
    1 Sep 2015 | 5:38 am
    Logistics company Twin Eagle continues to grow despite six-year low crude oil prices and the company is building a new rail park to deliver frac sand to its customers just a few hours northwest of San Antonio. The Houston-based company broke ground on Monday for the 530-acre Permian Rail Park just eight miles west of Big Spring in West Texas. Phase I of the multi-million dollar project will use 33,000 feet of track to set up rail-to-truck sand trans-loading services and is expected to be completed…
  • CodeUp signs lease in the downtown Vogue Building

    James Aldridge
    1 Sep 2015 | 5:26 am
    Now that CodeUp has a solid footing and an eye on future growth, it’s only fitting that the startup moves into some space of its own. Now that it has outgrown its space in the former Geekdom office at the Weston Centre, CodeUp has leased 5,775 square feet in the Vogue Building at 600 Navarro St. in downtown San Antonio. CodeUp CEO Michael Girdley told me that the startup had gotten too big to move with the rest of Geekdom over to the Rand Building back in April, so it started looking for additional…
 
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    San Francisco Business News - Local San Francisco News | The San Francisco Business Times

  • How 5 tech giants' shares are faring Tuesday in a down market

    Leia Parker
    1 Sep 2015 | 8:06 am
    Fasten your seatbelts, Silicon Valley, we could be in for a bumpy ride today as a broad selloff in U.S. stock markets — following more weak Chinese manufacturing data — hit tech giants' shares at the open. After a sharper drop in pre-market trading, however, technology stocks had come off their pre-market lows within minutes of the New York exchanges opening Tuesday. The Nasdaq Composite was down by 1.5 percent. The Dow Jones Industrial Average was down by around 1.9 percent at 6:55 a.m. PDT. Below,…
  • Marissa Mayer expecting twin girls, plans limited time off from Yahoo

    Cromwell Schubarth
    1 Sep 2015 | 6:59 am
    Yahoo CEO Marissa Mayer is expecting identical twin girls later this year. “I plan to approach the pregnancy and delivery as I did with my son three years ago, taking limited time away and working throughout," Mayer said in a blog, referring to the child she had just three months into her job at Yahoo (NASDAQ: YHOO). That pregnancy was a hot topic of discussion at the time but there has been little evidence that her first baby was an issue at Yahoo. Soon after Mayer had her first child, Yahoo…
  • S.F.'s SharesPost 100 chief on how he helps common man get into startup investing

    Cromwell Schubarth
    1 Sep 2015 | 6:51 am
    Sven Weber, the former president of SVB Capital at Silicon Valley Bank, these days is doing his venture investing for the moms and pops of the world who don't have the wealth needed to legally invest in startups. As president of the San Francisco-based SharesPost 100 mutual fund, he buys up stakes in late-stage venture-backed businesses in hopes of cashing in when they exit within two or three years. Anybody willing to invest at least $2,500 in Weber's fund gets to play along. Get the free daily…
  • Newest Nest Thermostat comes with high-res screen, slimmer profile

    Angela Swartz
    1 Sep 2015 | 6:46 am
    After releasing a slew of new products in June, Nest Labs is releasing a revamped version of its first product: its thermostat. The third-generation Nest Learning Thermostat, released Tuesday, comes with a slimmer profile, a high-resolution screen that’s 40 percent bigger than the previous model and a user interface that makes it easier to read temperatures, alerts and messages. Nest says third-party researchers have proven that the smart thermostats save people about 10 to 12 percent on their…
  • CalPERS, CalSTERS urge Bank of America to keep CEO, chairman roles separate

    Riley McDermid
    1 Sep 2015 | 6:40 am
    Two of California’s largest pension funds have notified Bank of America that they will not support a new bylaw change that allows the bank to combine its chairman and CEO roles for current leader Brian Moynihan, reports The Wall Street Journal. California Public Employees’ Retirement System and California State Teachers’ Retirement System made their objections clear in a letter to California’s largest bank on Monday. Shareholders have been revolting against the new rule since the board…
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    San Jose Business News - Local San Jose News | The Silicon Valley / San Jose Business Journal

  • Apple partners with Cisco, explores new relationship with Hollywood

    Gina Hall
    1 Sep 2015 | 7:43 am
    Apple is looking for some big partners to beef up its massive brand. The Cupertino-based company is courting major Hollywood producers to create original content to compete with Netflix, according to a report from Variety on Monday. While the company is not commenting on those meetings, Apple did confirm Monday that it is teaming up with Cisco to bring more iPhones and iPads to business users. Get A.M. business scoops. Subscribe to SVBJ's free morning email newsletter. So what will these new…
  • Marissa Mayer expecting twin girls, plans limited time off from Yahoo

    Cromwell Schubarth
    1 Sep 2015 | 7:20 am
    Yahoo CEO Marissa Mayer announced on Tuesday that she is expecting identical twin girls later this year. “I plan to approach the pregnancy and delivery as I did with my son three years ago, taking limited time away and working throughout," Mayer said in a blog, referring to the child she had just three months into her job at Yahoo. Get A.M. business scoops. Subscribe to SVBJ's free morning email newsletter. The company's stock continues to track that of Chinese e-commerce giant Alibaba,…
  • Sales software developer Apttus joins $1B unicorns with $108M funding

    Cromwell Schubarth
    1 Sep 2015 | 7:16 am
    Apttus, whose sales-management software is built on Salesforce's platform, has vaulted past a value of $1 billion with the latest in the megarounds of funding that Silicon Valley businesses have been attracting. The San Mateo company led by CEO Kirk Krappe raised $108 million in a Series C round led by the Kuwait Investment Authority, or KIA, and joined by Salesforce Ventures, Iconiq Capital and K1 Capital. Get the free daily TechFlash Silicon Valley newsletter The new money comes less than…
  • How 5 Silicon Valley tech giants' shares are faring Tuesday in a down market

    Leia Parker
    1 Sep 2015 | 7:01 am
    Fasten your seatbelts, Silicon Valley, we could be in for a bumpy ride today as a broad selloff in U.S. stock markets — following more weak Chinese manufacturing data — hit tech giants' shares at the open. After a sharper drop in pre-market trading, however, technology stocks had come off their pre-market lows within minutes of the New York exchanges opening Tuesday. The Nasdaq Composite was down by 1.5 percent. The Dow Jones Industrial Average was down by around 1.9 percent at 6:55 a.m. PDT. Below,…
  • Newest Nest Thermostat comes with high-res screen, slimmer profile

    Angela Swartz
    1 Sep 2015 | 6:00 am
    After releasing a slew of new products in June, Nest Labs is releasing a revamped version of its first product: its thermostat. The third-generation Nest Learning Thermostat, released Tuesday, comes with a slimmer profile, a high-resolution screen that’s 40 percent bigger than the previous model and a user interface that makes it easier to read temperatures, alerts and messages. Nest says third-party researchers have proven that the smart thermostats save people about 10 to 12 percent on their…
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    Seattle Business News - Local Seattle News | The Puget Sound Business Journal

  • Study: Seattle drivers are some of the worst in the country

    Emily Parkhurst
    1 Sep 2015 | 7:58 am
    You've cursed them. You've shaken your head as they meander between lanes or watched them drive for miles with their blinkers on. You may have even been one at some point. Seattle drivers were ranked some of the worst in the country in a new report out this week from Allstate Insurance. The report found Seattle drivers were worse than drivers in 184 other cities. The ranking looked at 200 cities. Bellevue drivers were slightly better – they were only worse than 174 other cities – and Tacoma…
  • Shorty's, Rocco's, Tula's buildings slated for redevelopment, new Belltown apartments

    Emily Parkhurst
    1 Sep 2015 | 7:47 am
    An Atlanta real estate development company is planning a 124-unit building at the site where Tula's Restaurant and Jazz Club, Rocco's and Shorty's are located in Seattle's Belltown neighborhood. The buildings where the three popular restaurants and bars, including Shorty's, which is a Cony Island-themed pinball bar, will be demolished as part of a plan to redevelop the sites at 2214, 2216 and 2224 Second Ave. Wood Partners, which has a Seattle office, is a reportedly planning a new building on…
  • Rainstorm ahead: Kirkland company's new big data system predicts bad road conditions

    Emily Parkhurst
    1 Sep 2015 | 7:06 am
    Hundreds of cars turning on their windshield wipers at once likely means it's raining. Multiple cars using traction control can be an indicator of black ice. Combine that data with information about the weather and the location, and Inrix has developed a way to predict driving conditions and alert drivers. The Kirkland traffic data company already collects anonymized data provided via systems embedded in many new cars. That data feeds into Inrix's big data system, which crunches the numbers and…
  • Seattle mobile payments startup Remitly plans big expansion, doubles office space

    Marc Stiles
    1 Sep 2015 | 6:43 am
    Remitly, a Seattle international mobile payments service, on Tuesday announced that it has secured a $12 million line of credit from Silicon Valley Bank, and is more than doubling the size of its office space Earlier this year, Remitly raised a $12.5 million series B financing round to hire engineers and expand to other countries, and last month the company acquired Seattle mobile messaging startup Talio. More than 50 people work at the Seattle headquarters, and the company plans to hire more than…
  • Home of the Day: Private Retreat Just South of Suncadia & Nestled on the Banks of the Cle Elum River

    <strong><a href="/seattle/resources/real-estate/home-of-the-day/realogics-sothebys-international-realty">Realogics Sotheby's International Realty</a></strong>
    1 Sep 2015 | 12:54 am
    By Jason Gibbons, Broker Home of the Day is presented by the Puget Sound Business Journal with Realogics Sotheby's International Realty. This is your invitation to view some of Seattle's most-luxurious properties. Come inside and take a look around. Click on the gallery image to view today's featured property. 1031 Wood Duck Road, Cle Elum, WA 98922 | $1,490,000 The perfect private location just South of Suncadia entrance & resting along the dam-controlled Cle Elum River. Amongst towering evergreens…
 
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    South Florida Business News - Local South Florida News | The South Florida Business Journal

  • American Dream Miami developer secures more land for mega mall

    Brian Bandell
    1 Sep 2015 | 7:29 am
    Triple Five Group has locked up an additional 24.6 acres in northwest Miami-Dade County, where it plans to build American Dream Miami, the largest mall and theme park in North America. International Atlantic, an affiliate of the Edmonton, Alberta-based company, recently purchased a 15-acre site for $6.8 million from Rocoo Inc., managed by L. Michael Osman in Hialeah, and a 9.6-acre site for $3.15 million from Tract 32 LLC, managed by Frank and Gloria Ippolito in Marco Island. Both properties were…
  • 5 things to know, and Chipotle’s GMO-free claims getting grilled in court

    Al Lewis
    1 Sep 2015 | 4:52 am
    Good morning, South Florida. 1. Challenging the GMO-free burrito If you've ever walked by a Chipotle Mexican Grille, you've probably seen a line out the door. The chain charges a premium price for burritos it claims are free of genetically modified organisms, but a California woman has accused the popular chain of false advertising, saying it has never been GMO-free. The company says it will fight the lawsuit. Click here to read more from Reuters. Perhaps nothing that is mass produced can be truly…
  • Attorney discipline: 8 punished in South Florida

    Shaun Bevan
    1 Sep 2015 | 4:31 am
    The Florida Supreme Court disciplined eight South Florida attorneys in recent actions brought by The Florida Bar: David Joseph Berger, of North Miami Beach, was suspended until further order, effective immediately, following a July 6 court order. According to the petition for emergency suspension, Berger appeared to be causing great public harm by misappropriation and or diversion of funds entrusted to him; his misrepresentation of material facts to a trial court; abandonment of his law firm; and…
  • AT&T unleashes 1-gigabit Internet to another South Florida city

    Shaun Bevan
    1 Sep 2015 | 4:21 am
    AT&T said Monday that it is expanding its U-verse with AT&T GigaPower service to Pompano Beach. The service, with Internet speeds up to 1 gigabit per second, is already available in parts of Fort Lauderdale, Hollywood, Hialeah, Miami and surrounding communities. AT&T is in the process of exploring service to Homestead and Opa-Locka, the company said. To give you an idea of how fast a 1Gbit per second connection could be, U-verse users can now download a 14 GB movie in under two minutes and 25…
  • Uniforms Direct to relocate 200 employees to downtown Fort Lauderdale

    Brian Bandell
    31 Aug 2015 | 2:39 pm
    Uniforms Direct will move from Plantation to downtown Fort Lauderdale’s Tower 101, where it expects to house 200 employees. JLL’s Alicia Lucia Jackson and Brady Titcomb represented landlord Banyan Street Capital in the 52,683-square-foot headquarters lease while Cresa’s Matthew Cheezem and Zach Wendelin represented the uniform company. They said it’s the largest lease in downtown Fort Lauderdale so far this year. “Exceptional collaboration amongst the landlord, tenant, the City of Fort…
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    Tampa Business News - Local Tampa News | The Tampa Bay Business Journal

  • On the precipice of a major vacancy, downtown Tampa office tower wins two new tenants

    Ashley Gurbal Kritzer
    1 Sep 2015 | 4:40 am
    The office tower at 501 E. Kennedy Blvd. in downtown Tampa has recently scored two new tenants. The Anvil Group, which offers security services risk management and security services for international business travelers, will move into about 8,000 square feet next week, said Mercedes Angell, a senior director of office brokerage services with Cushman & Wakefield of Florida Inc. Mary Clare Codd, a director with Colliers International Tampa Bay, represented Anvil in the transaction. The company was…
  • 5 things to start the day: Scott targets Kentucky businesses, and do you like movies with your beer?

    Pam Huff
    1 Sep 2015 | 4:08 am
    Good morning from the TBBJ newsroom. In case you missed it, wrestler Hulk Hogan, a Bay area resident whose real name is Terry Bollea, tearfully told ABC's "Good Morning America" yesterday that his upbringing in South Tampa taught him the racist words he was caught on video using. Here are five things to start your day: Heading to the Bluegrass State Gov. Rick Scott will lead a domestic economic development mission to yet another state this fall to encourage companies there to move to Florida.…
  • Orbital ATK closing Clearwater operation, up to 100 jobs lost

    Chris Wilkerson
    1 Sep 2015 | 3:57 am
    A Virginia-based aerospace and defense contracting company will close its Clearwater manufacturing plant this spring, according to company officials, a move influenced by a drawdown in defense spending. There could be as many as 99 jobs lost at Orbital ATK's 13133 34th St. N facility, according to the Tampa Bay Times. The Clearwater site specializes in missile-warning systems and laser-warning systems used by military aircraft. The Pinellas operation is being relocated to another facility near…
  • Florida investment banker fires up bank versus credit union tax debate

    Margie Manning
    1 Sep 2015 | 3:42 am
    Credit unions have become commercial banks and should no longer be tax-exempt, according to the chairman of one of Florida’s leading investment banks. Benjamin Bishop Jr., chairman of Allen C. Ewing & Co. in Jacksonville, spells out a plan to convert non-taxable credit unions to taxable commercial banks in an editorial in Ewing’s just-released Florida banking industry update. It’s a hot issue in the financial services industry and especially relevant in Tampa Bay, home to some of the largest…
  • This is why you're reading about so many new restaurants in Tampa Bay

    Ashley Gurbal Kritzer
    1 Sep 2015 | 3:36 am
    Another day, another new restaurant concept is on its way to Tampa Bay — or so it seems. Jimmy Hula's, Fuzzy's Taco Shop and Marlow's Tavern have all recently announced their first locations in the Bay region. The Brass Tap is coming to Tyrone Square Mall. Hofbrauhaus is about to open in downtown St. Petersburg. Restaurants are on the move in Tampa Bay and Florida, according to data that JLL unveiled Monday at the International Council of Shopping Centers Florida convention in Orlando. Here's…
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    Washington, D.C. Business News - Local Washington, D.C. News | The Washington Business Journal

  • Developer of planned 4-star University of Maryland hotel lands financing

    Jeff Clabaugh
    1 Sep 2015 | 8:18 am
    McLean-based Capital One Financial Corp. (NYSE: COF) has arranged an $80 million syndicated loan for Vienna-based Southern Management Corp. for its construction of a four-star hotel at the University of Maryland's flagship College Park campus. The 10-story, 297-room hotel is expected to open in 2017. Southern Management will lease the 3-acre property on Route 1 from the University of Maryland College Park Foundation. The hotel, part of the university’s East Campus, will also include a conference…
  • New apartments in NoMa, Italian dining in Mount Vernon Triangle and a hospital healing garden lead permits

    Michael Neibauer
    1 Sep 2015 | 8:12 am
    Welcome back to permits. We've been in a bit of a lull recently, but September is here, and that means we are back to business. Let's build something. 911 Second St. NE: New construction from the Fortis Cos. of a six-story, 42-unit, wood-frame multifamily building in NoMa. Per the Fortis website, which notes a winter groundbreaking, the project "draws on contemporary industrial warehouse design with the exterior skin consisting of sustainable, European-engineered materials that will be a first of…
  • How major hotel chains are fighting back against Expedia, Priceline

    Bob Niedt
    1 Sep 2015 | 7:48 am
    The major hotel chains aren't taking the online battle for booking rooms lying down. They're fighting back against the likes of Orbitz, Travelocity, Expedia and Priceline. The New York Times reports the chains, including Bethesda-based Marriott International Inc. (NASDAQ: MAR) and McLean-based Hilton Worldwide Holdings Inc. (NYSE: HLT), are beginning to serve travelers a wealth of perks if they book directly on the hotel chain's websites — and not through the online booking giants. It's a turnaround…
  • Hilton hails Uber for new partnership

    Jeff Clabaugh
    1 Sep 2015 | 7:44 am
    Hilton guests can skip the taxi lines and have an Uber waiting to whisk them to their hotel, under a new partnership announced between the ride-sharing service and Hilton Worldwide Holdings Inc. The partnership will also offer guides for restaurants and nightlife spots based on the most frequented destinations with Uber riders in the cities it serves. Financial terms of the deal weren’t disclosed. “This is the first time any company has leveraged Uber riders’ most frequented destinations…
  • Crestline Hotels adds another lucky 13

    Jennifer Nycz-Conner
    1 Sep 2015 | 4:55 am
    Crestline Hotels & Resorts LLC has added a baker's dozen of hotels owned by American Realty Capital Hospitality Trust to its management portfolio, the companies said in a statement. Fairfax-based Crestline will begin managing 13 hotels in eight states, which will boost its portfolio of rooms by 1,493, bringing it to a total of more than 13,500 rooms. The hotels are located throughout the U.S. and include a number of brand families, such as Marriott, Hilton and Hyatt. "These properties are a welcome…
 
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    Wichita Business News - Local Wichita News | The Wichita Business Journal

  • Kansas State Fair board launches GM search

    1 Sep 2015 | 8:18 am
    The Kansas State Fair board has launched its search for a new general manager to replace Denny Stoecklein. The board's five-person subcommittee leading the search will begin reviewing resumes and submissions on Oct. 1. Fair Board President Harmon Bliss says that the candidate need not only maintain the previous success of the Kansas State Fair, but ideally also increase it. “We’re looking for a candidate who has the operational experience to manage an annual event of this size and who’s…
  • Wesley renaming Galichia Heart Hospital

    Josh Heck
    1 Sep 2015 | 7:36 am
    Galichia Heart Hospital will soon be no more. The facility is being renamed Wesley Woodlawn Hospital & ER to better reflect its scope of services and to incorporate the Wesley brand, hospital executives say. Galichia has operated as a sister hospital to Wesley Medical Center since 2011. Galichia is known for its cardiovascular and emergency care, but service lines have been expanded to include orthopedics, robotic and general surgery, advanced imaging and bariatrics. The hospital also has placed…
  • Englert, Farha unveil Pinnacle Apartments

    Bill Wilson
    1 Sep 2015 | 7:34 am
    Pinnacle Lofts & Apartments, a 70-unit property developed by Jeff Englert and Nathan Farha, is under construction at Central and Waco. The property will include 33 lofts, 20 one-bedroom units and 17 two-bedroom units. Each will feature flexible open floor plans with modern finishes, exposed duct work, wood grain flooring, granite countertops and washers and dryers. Project architect is 3ten Studios and Icon Structures is the general contractor. Union State Bank is financing the project. Construction…
  • Garden City, Great Bend finalists for state-funded shipping center

    1 Sep 2015 | 7:23 am
    Garden City and Great Bend are finalists to develop transload shipping centers in Kansas. The two communities emerged from a group of seven cities whose representatives made formal presentations in August before the Transload Facility Site Analysis Selection Committee, which includes private sector representatives. The seven cities are among 111 sites that were initially proposed. The Kansas Department of Transportation, along with the Kansas Turnpike Authority and state departments of commerce…
  • JA lands Topeka-based grant

    1 Sep 2015 | 7:18 am
    Junior Achievement of Kansas has received a $25,000 grant from FHLBank Topeka's Joint Opportunities for Building Success grant program. Meritrust Credit Union applied for the grant for JA of Kansas. The grant program promotes economic development initiatives that assist its members in promoting employment growth in their communities. JA of Kansas provides workforce development programming to students to inspire and prepare children to succeed in a global economy. In the Wichita area, about 10,000…
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