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  • Hundreds of civil rights protesters jam Mall of America rotunda (Photos)

    National Business News - Local Business News | bizjournals
    Jim Hammerand
    20 Dec 2014 | 1:33 pm
    Hundreds of civil rights protesters shut down the east side of the Mall of America Saturday afternoon on the final shopping weekend before Christmas. The same organizers that led a march from South Minneapolis to City Hall on Interstate 35W as part of nationwide demonstrations against police treatment of black citizens had more than 3,000 people sign up on Facebook to attend the Bloomington megamall the protest. RELATED: Mall of America tells protesters to stay out A crowd of what appeared to…
  • 8 tips for making business friendships work

    National Business News - Local Business News | bizjournals
    Harvey Mackay
    20 Dec 2014 | 1:06 pm
    Aristotle viewed friendship among the highest virtues. It was an essential element in a full, virtuous and worthwhile life. For Aristotle, there were three kinds of friendship: pleasure, in which two people are wonderfully happy in each other's company; utility, in which two people assist each other in everyday aspects of life; and virtue, in which two people mutually admire each other and will be on best behavior in order not to jeopardize their relationship. The value of friendships is perhaps…
  • Hundreds of civil rights protesters jam Mall of America rotunda (Photos)

    Business News from the Midwest - bizjournals.com
    Jim Hammerand
    20 Dec 2014 | 1:33 pm
    Hundreds of civil rights protesters shut down the east side of the Mall of America Saturday afternoon on the final shopping weekend before Christmas. The same organizers that led a march from South Minneapolis to City Hall on Interstate 35W as part of nationwide demonstrations against police treatment of black citizens had more than 3,000 people sign up on Facebook to attend the Bloomington megamall the protest. RELATED: Mall of America tells protesters to stay out A crowd of what appeared to…
  • Home of the Day: Let Reindeer Run Aside Arabian Horses! Own an Ellensburg Equestrian Estate for $12.5 Million.

    Bizjournals.com Northwest RSS Feed
    <strong><a class="ct" ct="RRE: Reporter byline name" href="/seattle/resources/real-estate/home-of-the-day/realogics-sothebys-international-realty">Realogics Sotheby's International Realty</a></strong>
    20 Dec 2014 | 12:51 am
    By Brad Vancour, 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. 280 Orion Road, Ellensburg, WA 98926 | $12,500,000 Less than 2 hours from Seattle, this World-Class Estate on 155 acres includes 72 Horse Stalls, Indoor Arena, guest houses and much more.…
  • Redevelopment of former Austin Energy downtown site into condos adds partner, moves ahead

    Business News from Southwest US - bizjournals.com
    Jan Buchholz
    20 Dec 2014 | 12:08 pm
    Constructive Ventures, which plans to redevelop the former Austin Energy Control Center at Third Street and West Avenue, has a new partner — Austin-based Aspen Heights — and formally named the residential condo tower project "The Independent." The 1.7-acre site, near the hub of the city's most intense construction activity, is owned by the city of Austin. Constructive Ventures — a local development company headed by Perry Lorenz and Larry Warshaw — has had a master development agreement…
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    National Business News - Local Business News | bizjournals

  • Hundreds of civil rights protesters jam Mall of America rotunda (Photos)

    Jim Hammerand
    20 Dec 2014 | 1:33 pm
    Hundreds of civil rights protesters shut down the east side of the Mall of America Saturday afternoon on the final shopping weekend before Christmas. The same organizers that led a march from South Minneapolis to City Hall on Interstate 35W as part of nationwide demonstrations against police treatment of black citizens had more than 3,000 people sign up on Facebook to attend the Bloomington megamall the protest. RELATED: Mall of America tells protesters to stay out A crowd of what appeared to…
  • 8 tips for making business friendships work

    Harvey Mackay
    20 Dec 2014 | 1:06 pm
    Aristotle viewed friendship among the highest virtues. It was an essential element in a full, virtuous and worthwhile life. For Aristotle, there were three kinds of friendship: pleasure, in which two people are wonderfully happy in each other's company; utility, in which two people assist each other in everyday aspects of life; and virtue, in which two people mutually admire each other and will be on best behavior in order not to jeopardize their relationship. The value of friendships is perhaps…
  • Redevelopment of former Austin Energy downtown site into condos adds partner, moves ahead

    Jan Buchholz
    20 Dec 2014 | 12:08 pm
    Constructive Ventures, which plans to redevelop the former Austin Energy Control Center at Third Street and West Avenue, has a new partner — Austin-based Aspen Heights — and formally named the residential condo tower project "The Independent." The 1.7-acre site, near the hub of the city's most intense construction activity, is owned by the city of Austin. Constructive Ventures — a local development company headed by Perry Lorenz and Larry Warshaw — has had a master development agreement…
  • Slideshow: Our favorite Wichita business images from 2014

    Emily Behlmann
    20 Dec 2014 | 8:00 am
    Here at the Wichita Business Journal, we work hard, but we also get to have a lot of fun. We meet everyone from small business owners to powerful CEOs. We get out of the office to fascinating locations. This year, a couple of us even got to take a ride in a historic B-17 Flying Fortress. Visual storyteller Kellen Jenkins often has the most interesting adventures. We asked him to pick out some of his favorite or most memorable photos from 2014. You can see the photos, along with his comments about…
  • Year in Review: Countdown of PBN's top Business Pulse surveys in 2014 - No. 10

    A. Kam Napier
    20 Dec 2014 | 8:00 am
    Our countdown of the top Business Pulse surveys of 2014 continues. Here's No. 10: 10. Should Hawaii replace Aloha Stadium, at a cost of $192 million? In late June, PBN reported on a New York consulting firm's suggestion to the state that it replace the aging Aloha Stadium with a smaller, modern facility, which it estimated would cost $192 million. Should we do so? Of the 710 readers who responded, 57 percent said no, 39 percent said yes. Speaking for the yes side, reader Michael Soucie of Kapolei,…
 
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    Business News from the Midwest - bizjournals.com

  • Hundreds of civil rights protesters jam Mall of America rotunda (Photos)

    Jim Hammerand
    20 Dec 2014 | 1:33 pm
    Hundreds of civil rights protesters shut down the east side of the Mall of America Saturday afternoon on the final shopping weekend before Christmas. The same organizers that led a march from South Minneapolis to City Hall on Interstate 35W as part of nationwide demonstrations against police treatment of black citizens had more than 3,000 people sign up on Facebook to attend the Bloomington megamall the protest. RELATED: Mall of America tells protesters to stay out A crowd of what appeared to…
  • Slideshow: Our favorite Wichita business images from 2014

    Emily Behlmann
    20 Dec 2014 | 8:00 am
    Here at the Wichita Business Journal, we work hard, but we also get to have a lot of fun. We meet everyone from small business owners to powerful CEOs. We get out of the office to fascinating locations. This year, a couple of us even got to take a ride in a historic B-17 Flying Fortress. Visual storyteller Kellen Jenkins often has the most interesting adventures. We asked him to pick out some of his favorite or most memorable photos from 2014. You can see the photos, along with his comments about…
  • Table Trac CEO quits; CFO gets top spot

    Jim Hammerand
    19 Dec 2014 | 2:42 pm
    The CEO of Minnetonka-based casino-systems maker Table Trac has resigned, the company said in a news release Friday. Glenn Goulet resigned Dec. 15. He was named chief executive in 2011. The company did not give a reason for his departure and could not be reached for more information. Table Trac's board promoted Chief Financial Officer Brian Hinchley to CEO. "Table Trac has a strong management team and an experienced board," founder and President Chad Hoehne said in a statement. "As we go into…
  • EDC Report: Streetcar linked to $609 million in development

    Austin Alonzo
    19 Dec 2014 | 2:35 pm
    The Kansas City downtown streetcar project is linked to more than $609 million in private development, according to a report commissioned by the Economic Development Corp. of Kansas City. The report, which was released to the EDC's Board of Directors on Friday, said $609.3 million in private development projects were linked to the Kansas City streetcar project. About 1,110 new jobs, with annual salaries between $51 million and $53 million, were linked to the project, as well. The report was based…
  • Clayton country club to become public golf course

    Joe Cogliano
    19 Dec 2014 | 1:56 pm
    Local golfers will have another option in 2015. Meadowbrook Country Club has been donated to the city of Clayton and it will likely become a public course when the new season starts. The club's owner — businessman Larry Harris, who owns Harco Manufacturing — donated the 171-acre property this week to the city. An environmental study and some legal paperwork still has to be done before Clayton takes possession of Meadowbrook, said Rick Rose, Clayton City Manager. "We've run the numbers...…
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  • Home of the Day: Let Reindeer Run Aside Arabian Horses! Own an Ellensburg Equestrian Estate for $12.5 Million.

    <strong><a class="ct" ct="RRE: Reporter byline name" href="/seattle/resources/real-estate/home-of-the-day/realogics-sothebys-international-realty">Realogics Sotheby's International Realty</a></strong>
    20 Dec 2014 | 12:51 am
    By Brad Vancour, 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. 280 Orion Road, Ellensburg, WA 98926 | $12,500,000 Less than 2 hours from Seattle, this World-Class Estate on 155 acres includes 72 Horse Stalls, Indoor Arena, guest houses and much more.…
  • Home of the Day: Baby it’s cold outside come home to Silver Spurs! Ranch Style Home in Kirkland for $1.135 Million

    <strong><a class="ct" ct="RRE: Reporter byline name" href="/seattle/resources/real-estate/home-of-the-day/realogics-sothebys-international-realty">Realogics Sotheby's International Realty</a></strong>
    20 Dec 2014 | 12:50 am
    By Valerie Burmester, 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. 6006 128th Avenue NE, Kirkland, WA 98033 | $1,135,000 You will feel as if you stepped inside a home depicted in a Classic Christmas Movie in this Silver Spurs Ranch Style Home. Traditions…
  • Juno Therapeutics raises $265 million in IPO, closes high

    Annie Zak
    19 Dec 2014 | 5:21 pm
    To say it was a successful day for Juno Therapeutics would be an understatement. The company's IPO popped this morning as its stock soared 60 percent on its debut to $38 compared to its opening price of $24 a share, set Thursday night. By the close of the stock market today, shares hadn't dropped much. The company closed at $35 a share. Juno, which makes cell-based immunotherapy treatments for cancer, has a market cap of $2.2 billion, giving it the largest market cap of a biotech IPO in 2014, Investors.com…
  • Value of Belltown public health building soars 53 percent in just over 2 years

    Marc Stiles
    19 Dec 2014 | 4:44 pm
    A downtown Seattle building that houses a public health clinic sold Friday for nearly $10.1 million, or around 53 percent more than what the property sold for in 2012. Dave Speers, a commercial real estate broker who marketed the property for sale, said the U.S. affiliate St. Bride's Managers, a global real estate investment manager headquartered in London, bought the property at the southeast corner of Fourth Avenue and Blanchard Street. That's next to where the 41-story hotel/apartment Potala…
  • What's on all those container ships? Here are Washington's top 25 imports

    Sarah Aitchison
    19 Dec 2014 | 4:39 pm
    Containers at ports along the West Coast are stuck on the docks during holiday season slowdowns incited by stalled negotiations between the union dockworkers, the International Longshoreman and Warehouse Union, and the group representing terminal operators, the Pacific Maritime Association. The two parties have been negotiating for more than half the year. And while they are making progress, it is slow progress. Negotiations aren't the only thing that's slow: Between November 2013 and November…
 
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    Business News from Southwest US - bizjournals.com

  • Redevelopment of former Austin Energy downtown site into condos adds partner, moves ahead

    Jan Buchholz
    20 Dec 2014 | 12:08 pm
    Constructive Ventures, which plans to redevelop the former Austin Energy Control Center at Third Street and West Avenue, has a new partner — Austin-based Aspen Heights — and formally named the residential condo tower project "The Independent." The 1.7-acre site, near the hub of the city's most intense construction activity, is owned by the city of Austin. Constructive Ventures — a local development company headed by Perry Lorenz and Larry Warshaw — has had a master development agreement…
  • Home of the Day: ​Beautiful Southern Exposure Beach Retreat

    <strong><a class="ct" ct="RRE: Reporter byline name" href="/sanjose/resources/real-estate/home-of-the-day/pacific-union">Pacific Union and Christie’s International Real Estate</a></strong>
    20 Dec 2014 | 12:51 am
    By Sharon Vallejo, Realtor® Home of the Day is presented by the Silicon Valley Business Journal with Pacific Union and Christie’s International Real Estate. This is your invitation to view some of San Jose's most-luxurious properties. Come inside and take a look around. Click on the gallery image to view today's featured property. 52 Kailua Way, Dillon Beach, CA 94929 | $985,000 Beautiful Southern exposure, Beach retreat with sweeping views of Point Reyes, Dillon Beach and Bodega Head. Beach…
  • Sacramento State appoints new business-school dean

    Allen Young
    19 Dec 2014 | 5:48 pm
    California State University Sacramento has hired a new dean for its College of Business Administration. Pierre Balthazard, a business school dean at St. Bonaventure University in New York, will assume the post on Feb. 2. Balthazard studies "the neuroscience of leadership" and says he has identified the areas of the brain that make someone a leader. His interest is in developing minds for better leadership, and he has performed brain scans on hundreds of subjects. He also has worked with the U.S.…
  • Anschutz's Xanterra gets temporary contract to keep running Grand Canyon services

    Mark Harden
    19 Dec 2014 | 5:10 pm
    A looming showdown between Philip Anschutz's Colorado company that operates hotels and other visitor services at Grand Canyon National Park and the iconic park's administrators that could have led to the shutdown of some facilities has been postponed. But the larger issue of who will run the facilities long term is still unresolved. Greenwood Village-based Xanterra Parks & Resorts Inc. said Friday it has reached an agreement with the National Park Service to continue operating most facilities at…
  • Court overturns ruling, allows $2B energy merger to move forward

    Olivia Pulsinelli
    19 Dec 2014 | 3:45 pm
    Houston-based C&J Energy Services Inc. (NYSE: CJES) said Dec. 19 it is free to move forward with its approximately $2 billion merger with production and completion businesses of Nabors Industries Inc. (NYSE: NBR). The Delaware Supreme Court overturned a ruling and court order that required C&J to seek competing proposals from other companies before closing the deal with Nabors. C&J is immediately terminating the solicitation of alternative proposals that it announced after the ruling. Got Energy?…
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    Business News from the Northeast US - bizjournals

  • Largest MBA Programs in Massachusetts

    20 Dec 2014 | 8:28 am
    Rank Company Total MBA Enrollment Full-time enrollment Part-time enrollment % of male students % of female students Head of MBA program 1 Harvard Business School, Soldiers Field, Boston, MA 02163, 617-495-6128, www.hbs.edu 1,867 1,867 NA 59.0% 41.0% Brit Dewey Executive director, MBA program 2 Northeastern University, D'Amore-McKim School of Business, 360 Huntington…
  • Home of the Day: Ultimate City Condo

    <strong><a class="ct" ct="RRE: Reporter byline name" href="/buffalo/resources/real-estate/home-of-the-day/mj-peterson-real-estate">MJ Peterson Real Estate</a></strong>
    20 Dec 2014 | 12:51 am
    By Susan Lenahan, Lic. Assoc. R.E. Broker Home of the Day is presented by the Buffalo Business First with http://www.mjpeterson.com. This is your invitation to view some of Buffalo's most-luxurious properties. Come inside and take a look around. Click on the gallery image to view today's featured property. 1088 Delaware Avenue #16-HIJ, Buffalo, NY 14029 | $949,900 Stunning! Incredible views from 16th floor along with 2,692 sq. ft. of luxurious living in perfect condition. 5 bedrooms, 3 baths,…
  • Highmark advertising agency decision expected soon

    Patty Tascarella
    19 Dec 2014 | 2:47 pm
    Highmark Inc.'s primary advertising agency review is down to the final stretch with a decision likely in early 2015. Sources said three candidates pitched the account on to the health insurer Dec. 5: Mullen Pittsburgh, which has been the health care insurer's primary advertising agency since 2000; PARTNERS+simons, based in Boston; and Doner, based in Southfield, Mich. Mullen President Brian Bronaugh declined comment; calls to the other agencies were not returned. According to Highmark's 2013 tax…
  • Top 5: Largest Pittsburgh-region printing firms

    Paul J. Gough
    19 Dec 2014 | 1:55 pm
    This week, the Pittsburgh Business Times is ranking the region's largest printing firms. Click on the photograph to see the top 5.
  • EPA unveils new coal ash disposal rules

    Sam Kusic
    19 Dec 2014 | 1:53 pm
    The U.S. Environmental Protection Agency has unveiled its new rules governing coal ash disposal, opting to regulate the material more like garbage than hazardous waste. The rules have been four years in the making and came about following a major accident at a Tennessee Valley Authority coal-fired power plant in December 2008. An impoundment at the plant broke, letting loose thousands of tons of fly ash that spilled over 300 acres and ran into two rivers. The agency chose to write the rules under…
 
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    Business News from Southeast US - bizjournals.com

  • Top SBA Lenders in Nashville

    20 Dec 2014 | 11:34 am
    This List ranks the largest SBA lenders serving the Nashville area. The total amount of SBA loans made during fiscal year 2014 came to $88.6 million.Information was obtained from Small Business Administration representatives. All loans listed were approved for borrowers in the Nashville area in fiscal year 2014 (October 2013 - September 2014). Only lenders with totals of $1 million or more are listed. In case of ties, lenders are listed alphabetically. The Nashville area is defined as: Cheatham,…
  • Top SBA Loans in Nashville

    20 Dec 2014 | 11:31 am
    This List ranks the largest SBA loans made in the Nashville area during the SBA's 2014 fiscal year. Information was obtained from Small Business Administration representatives. All loans listed were approved for borrowers in the Nashville area in fiscal year 2014 (October 2013–September 2014). In case of ties, loans are listed alphabetically. The Nashville area is defined as: Cheatham, Davidson, Dickson, Montgomery, Robertson, Rutherford, Sumner, Williamson and Wilson counties. Rank Borrower…
  • GALLERY: Black Lives Matter protests at The Summit and Riverchase Galleria

    Ryan Phillips
    19 Dec 2014 | 6:35 pm
    GALLERY: Black Lives Matter protests at The Summit and Riverchase Galleria
  • Black Lives Matter protest slows business at The Summit

    Ryan Phillips
    19 Dec 2014 | 5:20 pm
    Despite Friday's peaceful protests by Black Lives Matter-Birmingham, which threatened to shut down one of the area's busiest highways, traffic moved along U.S. 280 at a steady pace and police officers directed traffic into The Summit with little resistance from the crowd for most of the day. At one point late in the protest, however, protesters did make their way onto the road, temporarily slowing traffic on U.S. 280. Protesters at The Summit and Riverchase Galleria called for positive change following…
  • Crescent Cameron apartments sold at record-breaking price

    Amanda Jones Hoyle
    19 Dec 2014 | 3:30 pm
    For the second time this week, a new record price for apartment communities in the Triangle has been recorded with this one shattering all others. The 282-unit Crescent Cameron Village apartment community on Oberlin Road in Raleigh has been sold for $76.8 million, according to county deed records filed Friday. The price equates to about $272,000 per rental unit, or about the same price as a single-family home sold in Wake County during the month of November. The previous record was set earlier…
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    Accounting News - Accounting News Headlines | Bizjournals.com

  • Hundreds of civil rights protesters jam Mall of America rotunda (Photos)

    Jim Hammerand
    20 Dec 2014 | 1:33 pm
    Hundreds of civil rights protesters shut down the east side of the Mall of America Saturday afternoon on the final shopping weekend before Christmas. The same organizers that led a march from South Minneapolis to City Hall on Interstate 35W as part of nationwide demonstrations against police treatment of black citizens had more than 3,000 people sign up on Facebook to attend the Bloomington megamall the protest. RELATED: Mall of America tells protesters to stay out A crowd of what appeared to…
  • 8 tips for making business friendships work

    Harvey Mackay
    20 Dec 2014 | 1:06 pm
    Aristotle viewed friendship among the highest virtues. It was an essential element in a full, virtuous and worthwhile life. For Aristotle, there were three kinds of friendship: pleasure, in which two people are wonderfully happy in each other's company; utility, in which two people assist each other in everyday aspects of life; and virtue, in which two people mutually admire each other and will be on best behavior in order not to jeopardize their relationship. The value of friendships is perhaps…
  • Redevelopment of former Austin Energy downtown site into condos adds partner, moves ahead

    Jan Buchholz
    20 Dec 2014 | 12:08 pm
    Constructive Ventures, which plans to redevelop the former Austin Energy Control Center at Third Street and West Avenue, has a new partner — Austin-based Aspen Heights — and formally named the residential condo tower project "The Independent." The 1.7-acre site, near the hub of the city's most intense construction activity, is owned by the city of Austin. Constructive Ventures — a local development company headed by Perry Lorenz and Larry Warshaw — has had a master development agreement…
  • Slideshow: Our favorite Wichita business images from 2014

    Emily Behlmann
    20 Dec 2014 | 8:00 am
    Here at the Wichita Business Journal, we work hard, but we also get to have a lot of fun. We meet everyone from small business owners to powerful CEOs. We get out of the office to fascinating locations. This year, a couple of us even got to take a ride in a historic B-17 Flying Fortress. Visual storyteller Kellen Jenkins often has the most interesting adventures. We asked him to pick out some of his favorite or most memorable photos from 2014. You can see the photos, along with his comments about…
  • Year in Review: Countdown of PBN's top Business Pulse surveys in 2014 - No. 10

    A. Kam Napier
    20 Dec 2014 | 8:00 am
    Our countdown of the top Business Pulse surveys of 2014 continues. Here's No. 10: 10. Should Hawaii replace Aloha Stadium, at a cost of $192 million? In late June, PBN reported on a New York consulting firm's suggestion to the state that it replace the aging Aloha Stadium with a smaller, modern facility, which it estimated would cost $192 million. Should we do so? Of the 710 readers who responded, 57 percent said no, 39 percent said yes. Speaking for the yes side, reader Michael Soucie of Kapolei,…
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    Agriculture News - Agriculture News Headlines | Bizjournals.com

  • Hundreds of civil rights protesters jam Mall of America rotunda (Photos)

    Jim Hammerand
    20 Dec 2014 | 1:33 pm
    Hundreds of civil rights protesters shut down the east side of the Mall of America Saturday afternoon on the final shopping weekend before Christmas. The same organizers that led a march from South Minneapolis to City Hall on Interstate 35W as part of nationwide demonstrations against police treatment of black citizens had more than 3,000 people sign up on Facebook to attend the Bloomington megamall the protest. RELATED: Mall of America tells protesters to stay out A crowd of what appeared to…
  • 8 tips for making business friendships work

    Harvey Mackay
    20 Dec 2014 | 1:06 pm
    Aristotle viewed friendship among the highest virtues. It was an essential element in a full, virtuous and worthwhile life. For Aristotle, there were three kinds of friendship: pleasure, in which two people are wonderfully happy in each other's company; utility, in which two people assist each other in everyday aspects of life; and virtue, in which two people mutually admire each other and will be on best behavior in order not to jeopardize their relationship. The value of friendships is perhaps…
  • Redevelopment of former Austin Energy downtown site into condos adds partner, moves ahead

    Jan Buchholz
    20 Dec 2014 | 12:08 pm
    Constructive Ventures, which plans to redevelop the former Austin Energy Control Center at Third Street and West Avenue, has a new partner — Austin-based Aspen Heights — and formally named the residential condo tower project "The Independent." The 1.7-acre site, near the hub of the city's most intense construction activity, is owned by the city of Austin. Constructive Ventures — a local development company headed by Perry Lorenz and Larry Warshaw — has had a master development agreement…
  • Slideshow: Our favorite Wichita business images from 2014

    Emily Behlmann
    20 Dec 2014 | 8:00 am
    Here at the Wichita Business Journal, we work hard, but we also get to have a lot of fun. We meet everyone from small business owners to powerful CEOs. We get out of the office to fascinating locations. This year, a couple of us even got to take a ride in a historic B-17 Flying Fortress. Visual storyteller Kellen Jenkins often has the most interesting adventures. We asked him to pick out some of his favorite or most memorable photos from 2014. You can see the photos, along with his comments about…
  • Year in Review: Countdown of PBN's top Business Pulse surveys in 2014 - No. 10

    A. Kam Napier
    20 Dec 2014 | 8:00 am
    Our countdown of the top Business Pulse surveys of 2014 continues. Here's No. 10: 10. Should Hawaii replace Aloha Stadium, at a cost of $192 million? In late June, PBN reported on a New York consulting firm's suggestion to the state that it replace the aging Aloha Stadium with a smaller, modern facility, which it estimated would cost $192 million. Should we do so? Of the 710 readers who responded, 57 percent said no, 39 percent said yes. Speaking for the yes side, reader Michael Soucie of Kapolei,…
 
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    Banking & Financial News - Banking & Financial News Headlines | Bizjournals.com

  • Juno Therapeutics raises $265 million in IPO, closes high

    Annie Zak
    19 Dec 2014 | 5:21 pm
    To say it was a successful day for Juno Therapeutics would be an understatement. The company's IPO popped this morning as its stock soared 60 percent on its debut to $38 compared to its opening price of $24 a share, set Thursday night. By the close of the stock market today, shares hadn't dropped much. The company closed at $35 a share. Juno, which makes cell-based immunotherapy treatments for cancer, has a market cap of $2.2 billion, giving it the largest market cap of a biotech IPO in 2014, Investors.com…
  • Duke Energy CEO Lynn Good, Premier CEO Susan DeVore talk health care, capital and interest rates for 2015

    Caroline McMillan Portillo
    19 Dec 2014 | 4:01 pm
    Two of the nation's most prominent female executives took the stage Friday in Charlotte, N.C., to give their economic forecasts for 2015. On stage at the event, which was sponsored by the Charlotte Chamber, were Lynn Good — the CEO of Duke Energy, the nation's largest electric utility — and Susan DeVore, president and CEO of Premier, Inc., a hospital-system alliance that provides supply chain, technology and other services to lower costs. One of our women to watch this week, Devore is annually…
  • Diocese of San Jose buys long-vacant downtown lot behind Basilica of St. Joseph

    Nathan Donato-Weinstein
    19 Dec 2014 | 2:58 pm
    The Diocese of San Jose has bought a downtown parcel that's over a half-acre in size, the former site of a historic building that has sat vacant since a 2008 blaze. The Diocese paid $4.65 million to acquire the 23,581-square-foot parcel at 91 S. First St. from Barry Swenson Builder and a local family, according to public records. The land sits behind the iconic Cathedral Basilica of St. Joseph, and could allow for expanded parking for the church. But downtown observers said they hope to see some…
  • Hawaii nutraceutical company Cyanotech Corp. settles lawsuit with Florida firm, University of Illinois

    Duane Shimogawa
    19 Dec 2014 | 2:35 pm
    Cyanotech Corp., a Kailua-Kona, Big Island-based nutraceutical company that produces BioAstin Natural Astaxanthin and Hawaiian Spirulina Pacifica products, has settled its patent infringement dispute with a Florida-based nutraceutical company and the Board of Trustees for the University of Illinois. PBN first reported on the dispute in July 2012, which began when Valensa International and the university claimed that Cyanotech's marketing of a product using the antioxidant supplement Astaxanthin…
  • Good Technology narrowed loss in Q3, ahead of next year's expected IPO

    Cromwell Schubarth
    19 Dec 2014 | 2:33 pm
    Good Technology narrowed its net loss in the third quarter as its revenue growth slowed, according to an updated IPO filing on Friday. The Sunnyvale mobile security company led by CEO Christy Wyatt was expected to try to raise up to $100 million by going public earlier this year. But it joined a number of others — including Los Altos-based online storage and collaboration company Box — who chose to put off their Wall Street debuts and raise more private funding after investors started demanding…
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    Bankruptcy News - Bankruptcy News Headlines | Bizjournals.com

  • Hundreds of civil rights protesters jam Mall of America rotunda (Photos)

    Jim Hammerand
    20 Dec 2014 | 1:33 pm
    Hundreds of civil rights protesters shut down the east side of the Mall of America Saturday afternoon on the final shopping weekend before Christmas. The same organizers that led a march from South Minneapolis to City Hall on Interstate 35W as part of nationwide demonstrations against police treatment of black citizens had more than 3,000 people sign up on Facebook to attend the Bloomington megamall the protest. RELATED: Mall of America tells protesters to stay out A crowd of what appeared to…
  • 8 tips for making business friendships work

    Harvey Mackay
    20 Dec 2014 | 1:06 pm
    Aristotle viewed friendship among the highest virtues. It was an essential element in a full, virtuous and worthwhile life. For Aristotle, there were three kinds of friendship: pleasure, in which two people are wonderfully happy in each other's company; utility, in which two people assist each other in everyday aspects of life; and virtue, in which two people mutually admire each other and will be on best behavior in order not to jeopardize their relationship. The value of friendships is perhaps…
  • Redevelopment of former Austin Energy downtown site into condos adds partner, moves ahead

    Jan Buchholz
    20 Dec 2014 | 12:08 pm
    Constructive Ventures, which plans to redevelop the former Austin Energy Control Center at Third Street and West Avenue, has a new partner — Austin-based Aspen Heights — and formally named the residential condo tower project "The Independent." The 1.7-acre site, near the hub of the city's most intense construction activity, is owned by the city of Austin. Constructive Ventures — a local development company headed by Perry Lorenz and Larry Warshaw — has had a master development agreement…
  • Slideshow: Our favorite Wichita business images from 2014

    Emily Behlmann
    20 Dec 2014 | 8:00 am
    Here at the Wichita Business Journal, we work hard, but we also get to have a lot of fun. We meet everyone from small business owners to powerful CEOs. We get out of the office to fascinating locations. This year, a couple of us even got to take a ride in a historic B-17 Flying Fortress. Visual storyteller Kellen Jenkins often has the most interesting adventures. We asked him to pick out some of his favorite or most memorable photos from 2014. You can see the photos, along with his comments about…
  • Year in Review: Countdown of PBN's top Business Pulse surveys in 2014 - No. 10

    A. Kam Napier
    20 Dec 2014 | 8:00 am
    Our countdown of the top Business Pulse surveys of 2014 continues. Here's No. 10: 10. Should Hawaii replace Aloha Stadium, at a cost of $192 million? In late June, PBN reported on a New York consulting firm's suggestion to the state that it replace the aging Aloha Stadium with a smaller, modern facility, which it estimated would cost $192 million. Should we do so? Of the 710 readers who responded, 57 percent said no, 39 percent said yes. Speaking for the yes side, reader Michael Soucie of Kapolei,…
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    Commercial Real Estate Industry News Headlines | Bizjournals.com

  • Redevelopment of former Austin Energy downtown site into condos adds partner, moves ahead

    Jan Buchholz
    20 Dec 2014 | 12:08 pm
    Constructive Ventures, which plans to redevelop the former Austin Energy Control Center at Third Street and West Avenue, has a new partner — Austin-based Aspen Heights — and formally named the residential condo tower project "The Independent." The 1.7-acre site, near the hub of the city's most intense construction activity, is owned by the city of Austin. Constructive Ventures — a local development company headed by Perry Lorenz and Larry Warshaw — has had a master development agreement…
  • Juno Therapeutics raises $265 million in IPO, closes high

    Annie Zak
    19 Dec 2014 | 5:21 pm
    To say it was a successful day for Juno Therapeutics would be an understatement. The company's IPO popped this morning as its stock soared 60 percent on its debut to $38 compared to its opening price of $24 a share, set Thursday night. By the close of the stock market today, shares hadn't dropped much. The company closed at $35 a share. Juno, which makes cell-based immunotherapy treatments for cancer, has a market cap of $2.2 billion, giving it the largest market cap of a biotech IPO in 2014, Investors.com…
  • Value of Belltown public health building soars 53 percent in just over 2 years

    Marc Stiles
    19 Dec 2014 | 4:44 pm
    A downtown Seattle building that houses a public health clinic sold Friday for nearly $10.1 million, or around 53 percent more than what the property sold for in 2012. Dave Speers, a commercial real estate broker who marketed the property for sale, said the U.S. affiliate St. Bride's Managers, a global real estate investment manager headquartered in London, bought the property at the southeast corner of Fourth Avenue and Blanchard Street. That's next to where the 41-story hotel/apartment Potala…
  • Hawaii's $90M Kona Judiciary Complex designs, renderings revealed

    Duane Shimogawa
    19 Dec 2014 | 4:11 pm
    Preliminary designs for the planned $90 million Kona Judiciary Complex on Hawaii's Big Island were revealed this week. The Hawaii State Judiciary held an open house at the West Hawaii Civic Center to release the preliminary renderings and design plans for the 10-acre, 143,000-square-foot courthouse, which is being designed by Honolulu-based Architects Hawaii Ltd., and is expected to start construction in March 2016, with a completion date targeted for 2019. The complex, which will be located close…
  • Duke Energy CEO Lynn Good, Premier CEO Susan DeVore talk health care, capital and interest rates for 2015

    Caroline McMillan Portillo
    19 Dec 2014 | 4:01 pm
    Two of the nation's most prominent female executives took the stage Friday in Charlotte, N.C., to give their economic forecasts for 2015. On stage at the event, which was sponsored by the Charlotte Chamber, were Lynn Good — the CEO of Duke Energy, the nation's largest electric utility — and Susan DeVore, president and CEO of Premier, Inc., a hospital-system alliance that provides supply chain, technology and other services to lower costs. One of our women to watch this week, Devore is annually…
 
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  • Hundreds of civil rights protesters jam Mall of America rotunda (Photos)

    Jim Hammerand
    20 Dec 2014 | 1:33 pm
    Hundreds of civil rights protesters shut down the east side of the Mall of America Saturday afternoon on the final shopping weekend before Christmas. The same organizers that led a march from South Minneapolis to City Hall on Interstate 35W as part of nationwide demonstrations against police treatment of black citizens had more than 3,000 people sign up on Facebook to attend the Bloomington megamall the protest. RELATED: Mall of America tells protesters to stay out A crowd of what appeared to…
  • 8 tips for making business friendships work

    Harvey Mackay
    20 Dec 2014 | 1:06 pm
    Aristotle viewed friendship among the highest virtues. It was an essential element in a full, virtuous and worthwhile life. For Aristotle, there were three kinds of friendship: pleasure, in which two people are wonderfully happy in each other's company; utility, in which two people assist each other in everyday aspects of life; and virtue, in which two people mutually admire each other and will be on best behavior in order not to jeopardize their relationship. The value of friendships is perhaps…
  • Redevelopment of former Austin Energy downtown site into condos adds partner, moves ahead

    Jan Buchholz
    20 Dec 2014 | 12:08 pm
    Constructive Ventures, which plans to redevelop the former Austin Energy Control Center at Third Street and West Avenue, has a new partner — Austin-based Aspen Heights — and formally named the residential condo tower project "The Independent." The 1.7-acre site, near the hub of the city's most intense construction activity, is owned by the city of Austin. Constructive Ventures — a local development company headed by Perry Lorenz and Larry Warshaw — has had a master development agreement…
  • Slideshow: Our favorite Wichita business images from 2014

    Emily Behlmann
    20 Dec 2014 | 8:00 am
    Here at the Wichita Business Journal, we work hard, but we also get to have a lot of fun. We meet everyone from small business owners to powerful CEOs. We get out of the office to fascinating locations. This year, a couple of us even got to take a ride in a historic B-17 Flying Fortress. Visual storyteller Kellen Jenkins often has the most interesting adventures. We asked him to pick out some of his favorite or most memorable photos from 2014. You can see the photos, along with his comments about…
  • Year in Review: Countdown of PBN's top Business Pulse surveys in 2014 - No. 10

    A. Kam Napier
    20 Dec 2014 | 8:00 am
    Our countdown of the top Business Pulse surveys of 2014 continues. Here's No. 10: 10. Should Hawaii replace Aloha Stadium, at a cost of $192 million? In late June, PBN reported on a New York consulting firm's suggestion to the state that it replace the aging Aloha Stadium with a smaller, modern facility, which it estimated would cost $192 million. Should we do so? Of the 710 readers who responded, 57 percent said no, 39 percent said yes. Speaking for the yes side, reader Michael Soucie of Kapolei,…
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    Education News - Education News Headlines | Bizjournals.com

  • Sacramento State appoints new business-school dean

    Allen Young
    19 Dec 2014 | 5:48 pm
    California State University Sacramento has hired a new dean for its College of Business Administration. Pierre Balthazard, a business school dean at St. Bonaventure University in New York, will assume the post on Feb. 2. Balthazard studies "the neuroscience of leadership" and says he has identified the areas of the brain that make someone a leader. His interest is in developing minds for better leadership, and he has performed brain scans on hundreds of subjects. He also has worked with the U.S.…
  • Incoming USM Chancellor Caret: Returning to Maryland a "personal and professional endeavor"

    Sarah Gantz
    19 Dec 2014 | 1:53 pm
    Incoming University System of Maryland Chancellor Robert Caret and University of Maryland, Baltimore County President Freeman Hrabowski embraced in a back-slapping hug. Caret's wife, Elizabeth, greeted familiar faces with outstretched arms. A press conference in Baltimore Friday to formally introduce Caret, currently the president of the University of Massachusetts System, as the university system's fourth chancellor was not the cordial meet-and-greet these gatherings usually are. This was a welcome…
  • Everyone wants an MBA: Washington programs see big jump in 2014

    Stephanie Forshee
    19 Dec 2014 | 1:44 pm
    More and more students and professionals want to have their own business degree. Enrollment for students pursuing a Master in Business Administration was up this fall across most campuses in Washington state. The largest business program saw an increase in enrollment of 7.7 percent. The University of Washington's Seattle campus had 898 students enroll for an MBA this fall, up from 834 students the prior year. Each of the Top 5 largest MBA programs have higher enrollment than last year, specifically…
  • The list: check out which NM schools have the highest MBA enrollment

    Brandon J. Call
    19 Dec 2014 | 1:34 pm
    This week's list looks at MBA enrollment numbers in New Mexico. With 558 MBA students, the Anderson Graduate School of Management at the University of New Mexico tops our list. Founded in 1969, the school also boasts 60 full-time faculty members and more than 1,200 undergraduate business students. See which other MBA programs made the top five on our list in the accompanying slideshow. For a full list of MBA programs in New Mexico, check out our Dec. 19 print edition. (Subscribers can click here.) Information…
  • See which schools have the biggest alumni associations in New Mexico

    Brandon J. Call
    19 Dec 2014 | 1:15 pm
    This week's list takes a look at New Mexico's largest alumni associations. With 91,200 members, the University of New Mexico Alumni Association tops our list of alumni associations in New Mexico. Founded in 1897, the school boasts an annual publication, a weekly e-newsletter and several association-hosted events. See which other alumni associations made the top five on our list in the accompanying slideshow. For a full list of alumni associations in New Mexico, check out our Dec. 19 print edition.…
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    Energy & the Environment News - Energy News Headlines | Bizjournals.com

  • Court overturns ruling, allows $2B energy merger to move forward

    Olivia Pulsinelli
    19 Dec 2014 | 3:45 pm
    Houston-based C&J Energy Services Inc. (NYSE: CJES) said Dec. 19 it is free to move forward with its approximately $2 billion merger with production and completion businesses of Nabors Industries Inc. (NYSE: NBR). The Delaware Supreme Court overturned a ruling and court order that required C&J to seek competing proposals from other companies before closing the deal with Nabors. C&J is immediately terminating the solicitation of alternative proposals that it announced after the ruling. Got Energy?…
  • Hu Honua Bioenergy settles dispute with Hawaiian Dredging, resumes work on Big Island plant

    Duane Shimogawa
    19 Dec 2014 | 3:31 pm
    Hu Honua Bioenergy expects to resume onsite operations with a full team of employees and contractors before the end of the year on its planned Big Island biomass plant after reaching a settlement to resolve a contractual dispute with Honolulu-based Hawaiian Dredging Construction Co. Hu Honua said Friday that specific terms of the settlement won't be divulged because of a confidentiality agreement signed by the two firms. "We are pleased to be back on course, moving forward with construction and…
  • EPA says coal ash will not be regulated as a hazardous waste

    John Downey
    19 Dec 2014 | 2:28 pm
    The Environmental Protection Agency will regulate coal ash as a solid waste rather than as a hazardous waste. The long-awaited rule disappoints some environmental groups but leaves the way open for the reuse of ash in industrial products such as cement and gypsum board. Charlotte-based Duke Energy (NYSE:DUK), which is under a legal mandate to clean up the ash in 32 ponds across North Carolina, was noncommittal. "EPA's new coal combustion residuals ("coal ash") rule is lengthy and complex, requiring…
  • NADBank approves financing for California solar park

    James Aldridge
    19 Dec 2014 | 2:17 pm
    North American Development Bank (NADBank) officials approved a $41 million loan for Imperial Valley Solar Company 2 LLC that will be used toward the construction of a 20-megawatt solar park in Niland, California. The Imperial Irrigation District will be buying all of the renewable energy produced by the SunPeak Solar Park 2. Twenty megawatts is enough energy to power 7,200 homes annually. Imperial Valley will build the park using polycrystalline photovoltaic modules with a capacity of between 295…
  • Want to ban fracking? Be ready to pay up under Colorado Legislature bill

    Cathy Proctor
    19 Dec 2014 | 1:59 pm
    Counties that enact a ban on fracking would have to compensate the owners of mineral rights under a bill Rep. Perry Buck, R-Windsor, plans to introduce during the 2015 legislative session. Senator-elect Jerry Sonnenberg, R-Sterling, will sponsor the bill in the Senate, Buck said. "It's only fair, if you have an asset like mineral rights, that you're allowed to receive the value for it," Buck said. Last summer, Sonnenberg, as a state Representative, backed a ballot proposal called Initiative 121…
 
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    Green News - Green News Headlines | Bizjournals.com

  • Anschutz's Xanterra gets temporary contract to keep running Grand Canyon services

    Mark Harden
    19 Dec 2014 | 5:10 pm
    A looming showdown between Philip Anschutz's Colorado company that operates hotels and other visitor services at Grand Canyon National Park and the iconic park's administrators that could have led to the shutdown of some facilities has been postponed. But the larger issue of who will run the facilities long term is still unresolved. Greenwood Village-based Xanterra Parks & Resorts Inc. said Friday it has reached an agreement with the National Park Service to continue operating most facilities at…
  • EPA says coal ash will not be regulated as a hazardous waste

    John Downey
    19 Dec 2014 | 2:28 pm
    The Environmental Protection Agency will regulate coal ash as a solid waste rather than as a hazardous waste. The long-awaited rule disappoints some environmental groups but leaves the way open for the reuse of ash in industrial products such as cement and gypsum board. Charlotte-based Duke Energy (NYSE:DUK), which is under a legal mandate to clean up the ash in 32 ponds across North Carolina, was noncommittal. "EPA's new coal combustion residuals ("coal ash") rule is lengthy and complex, requiring…
  • Want to ban fracking? Be ready to pay up under Colorado Legislature bill

    Cathy Proctor
    19 Dec 2014 | 1:59 pm
    Counties that enact a ban on fracking would have to compensate the owners of mineral rights under a bill Rep. Perry Buck, R-Windsor, plans to introduce during the 2015 legislative session. Senator-elect Jerry Sonnenberg, R-Sterling, will sponsor the bill in the Senate, Buck said. "It's only fair, if you have an asset like mineral rights, that you're allowed to receive the value for it," Buck said. Last summer, Sonnenberg, as a state Representative, backed a ballot proposal called Initiative 121…
  • Duke Energy puts latest 20-megawatt solar project on line

    John Downey
    19 Dec 2014 | 10:48 am
    Duke Energy Renewables has closed its purchase of the 20-megawatt HXOap solar farm at the old Halifax County Airport, built by Charlotte-based Geenex Solar and ET Solar Energy Corp. The 100-acre project went on line this week, shortly after Duke completed the purchase. The Charlotte Business Journal reported on Duke Renewables' plan to buy the project in August. "ET Solar and Geenex have created a quality solar facility, and we are excited to add it to our more than 60-megawatts of successful operating…
  • Hawaii governor tours lava flow area as businesses close ahead of its arrival

    19 Dec 2014 | 9:30 am
    Hawaii Gov. David Ige spent Thursday flying over the lava flow from Kilauea volcano that is making its way toward the Pahoa Marketplace and met with business owners and members of the rural community as they anticipate the lava's arrival sometime next week. KITV reports Ige met with Hawaii County Civil Defense administrator Darryl Oliveira, who told him officials expected the lava to arrive in Pahoa in the next six to eight days, before touring the area by helicopter and on the ground. "I am amazed…
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    Health Care News - Health Care News Headlines | Bizjournals.com

  • Juno Therapeutics raises $265 million in IPO, closes high

    Annie Zak
    19 Dec 2014 | 5:21 pm
    To say it was a successful day for Juno Therapeutics would be an understatement. The company's IPO popped this morning as its stock soared 60 percent on its debut to $38 compared to its opening price of $24 a share, set Thursday night. By the close of the stock market today, shares hadn't dropped much. The company closed at $35 a share. Juno, which makes cell-based immunotherapy treatments for cancer, has a market cap of $2.2 billion, giving it the largest market cap of a biotech IPO in 2014, Investors.com…
  • Waikiki Health will open second pharmacy by next year

    Lorin Eleni Gill
    19 Dec 2014 | 4:59 pm
    Local community health center Waikiki Health has received a license to operate its new pharmacy at the health center's clinic in Moiliili, and is set to open by Dec. 31. Waikiki Health opened the Makahiki Medical and Dental Clinic in February. Providing affordable medication was a natural next step, according to Tammy Kai, the pharmacy's director. The nonprofit considered contracting with nearby pharmacies, but ultimately chose to open one on location. "It started as an idea in July," Kai said.…
  • Value of Belltown public health building soars 53 percent in just over 2 years

    Marc Stiles
    19 Dec 2014 | 4:44 pm
    A downtown Seattle building that houses a public health clinic sold Friday for nearly $10.1 million, or around 53 percent more than what the property sold for in 2012. Dave Speers, a commercial real estate broker who marketed the property for sale, said the U.S. affiliate St. Bride's Managers, a global real estate investment manager headquartered in London, bought the property at the southeast corner of Fourth Avenue and Blanchard Street. That's next to where the 41-story hotel/apartment Potala…
  • Duke Energy CEO Lynn Good, Premier CEO Susan DeVore talk health care, capital and interest rates for 2015

    Caroline McMillan Portillo
    19 Dec 2014 | 4:01 pm
    Two of the nation's most prominent female executives took the stage Friday in Charlotte, N.C., to give their economic forecasts for 2015. On stage at the event, which was sponsored by the Charlotte Chamber, were Lynn Good — the CEO of Duke Energy, the nation's largest electric utility — and Susan DeVore, president and CEO of Premier, Inc., a hospital-system alliance that provides supply chain, technology and other services to lower costs. One of our women to watch this week, Devore is annually…
  • Morrisville's Fujifilm Diosynth acquires Texas A&M bioterror defense spinout

    Jason deBruyn
    19 Dec 2014 | 2:50 pm
    Fujifilm Diosynth Biotechnologies U.S.A. acquired nearly half of Kalon Biotherapeutics, expanding Fujifilm's vaccine and bioterror defense capacity. It subcontracts with the federal government through BARDA (the Biomedical Advanced Research and Development Authority, part of the Department of Health and Human Services) to protect public health in emergencies, including incidents of bioterrorism or an outbreak of pandemic influenza. Fujifilm acquired 49 percent of the total membership interests…
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    Human Resources News - Human Resources News Headlines | Bizjournals.com

  • Anschutz's Xanterra gets temporary contract to keep running Grand Canyon services

    Mark Harden
    19 Dec 2014 | 5:10 pm
    A looming showdown between Philip Anschutz's Colorado company that operates hotels and other visitor services at Grand Canyon National Park and the iconic park's administrators that could have led to the shutdown of some facilities has been postponed. But the larger issue of who will run the facilities long term is still unresolved. Greenwood Village-based Xanterra Parks & Resorts Inc. said Friday it has reached an agreement with the National Park Service to continue operating most facilities at…
  • What's on all those container ships? Here are Washington's top 25 imports

    Sarah Aitchison
    19 Dec 2014 | 4:39 pm
    Containers at ports along the West Coast are stuck on the docks during holiday season slowdowns incited by stalled negotiations between the union dockworkers, the International Longshoreman and Warehouse Union, and the group representing terminal operators, the Pacific Maritime Association. The two parties have been negotiating for more than half the year. And while they are making progress, it is slow progress. Negotiations aren't the only thing that's slow: Between November 2013 and November…
  • Nadella's 'karma-gate' flap launched a discussion of diversity in tech: Here are 5 provocative responses

    Jacob Demmitt
    19 Dec 2014 | 3:57 pm
    Freshly appointed Microsoft CEO Satya Nadella was fairly new to the national spotlight when he took the stage at the Grace Hopper Celebration of Women in Computing event in October. That's when he suggested women shouldn't ask for raises, but rather "have faith in the system." Needless to say, Nadella was about to get the taste of his first foot-in-mouth moment. Nadella's comment's sparked a national conversation and shined a spotlight on how vastly underrepresented minorities and women are in…
  • Diocese of San Jose buys long-vacant downtown lot behind Basilica of St. Joseph

    Nathan Donato-Weinstein
    19 Dec 2014 | 2:58 pm
    The Diocese of San Jose has bought a downtown parcel that's over a half-acre in size, the former site of a historic building that has sat vacant since a 2008 blaze. The Diocese paid $4.65 million to acquire the 23,581-square-foot parcel at 91 S. First St. from Barry Swenson Builder and a local family, according to public records. The land sits behind the iconic Cathedral Basilica of St. Joseph, and could allow for expanded parking for the church. But downtown observers said they hope to see some…
  • Laura Glading just gained altitude with the surprise deal she got for American Airlines' flight attendants

    Hilary Burns
    19 Dec 2014 | 2:57 pm
    Just a few weeks ago, Laura Glading's standing as a union leader was getting knocked around. Today, by comparison, it's positively airborne. She just got her flight attendants a pay raise despite them. As president of the Association of Professional Flight Attendants, Glading was a major player throughout American Airlines' merger with US Airways. Once the merger was officially announced, Glading started negotiating a contract for all 24,000 flight attendants. That contract was voted down in November…
 
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    Insurance News - Insurance News Headlines | Bizjournals.com

  • Highmark advertising agency decision expected soon

    Patty Tascarella
    19 Dec 2014 | 2:47 pm
    Highmark Inc.'s primary advertising agency review is down to the final stretch with a decision likely in early 2015. Sources said three candidates pitched the account on to the health insurer Dec. 5: Mullen Pittsburgh, which has been the health care insurer's primary advertising agency since 2000; PARTNERS+simons, based in Boston; and Doner, based in Southfield, Mich. Mullen President Brian Bronaugh declined comment; calls to the other agencies were not returned. According to Highmark's 2013 tax…
  • Confusing questions, crashing websites and other Healthplanfinder frustrations: A personal take on signing up for the exchange

    Annie Zak
    19 Dec 2014 | 2:00 pm
    My boyfriend is a soon-to-be-26-year-old full-time graduate student. He is exactly the type of person the Affordable Care Act and the Washington Health Benefit Exchange are trying to reach and encourage to sign up for health insurance. That's because he's a young, healthy person who doesn't have access to health insurance otherwise as soon as he turns 26. But sometimes, the system doesn't make it easy. He is allowed under the ACA to stay on his family's plan until he turns 26, but he doesn't have…
  • Oregon insurance signups through HealthCare.gov inch up again

    Elizabeth Hayes
    19 Dec 2014 | 1:33 pm
    A little more than half of the number of people who enrolled in insurance plans through Cover Oregon last year enrolled through the federal exchange as of last Friday. There were 40,581 signups through HealthCare.gov, and likely many more on Monday, which was the deadline for continuous coverage. The final tally won't be available until next week. Another 26,799 enrolled outside of HealthCare.gov, for a total of 67,380. Last year, almost 77,000 people enrolled in individual coverage through Cover…
  • CareSource makes first-of-its-kind $250K donation to March of Dimes

    Tristan Navera
    19 Dec 2014 | 12:30 pm
    In a new shift in philanthropic efforts, CareSource is donating a quarter-million dollars to fight infant mortality. The Dayton-based Medicaid managed care plan company donated $250,000 Friday to the March of Dimes. With the funding, the group hopes that several medical schools and hospital groups in the state will be able to conduct research on causes and prevention for premature childbirth. The 2-year grant funds the March of Dimes Prematurity Research Center Ohio Collaborative, which will be…
  • Charlotte CEOs 'more optimistic' about 2015 economic growth

    Adam O'Daniel
    19 Dec 2014 | 11:49 am
    For years, the Charlotte Chamber's annual economic forecast luncheon has delivered the same theme: Expect another year of slow, unimpressive growth. Not this year. Some of Charlotte's top-ranking corporate executives seemed to agree that 2015 looks better than recent years. Businesses are growing. Consumers are feeling better about spending. And uncertainty about regulation is more manageable than each previous year since 2010. "This year seems a bit different," said Jeffrey Lacker, president…
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  • Hawaii's $90M Kona Judiciary Complex designs, renderings revealed

    Duane Shimogawa
    19 Dec 2014 | 4:11 pm
    Preliminary designs for the planned $90 million Kona Judiciary Complex on Hawaii's Big Island were revealed this week. The Hawaii State Judiciary held an open house at the West Hawaii Civic Center to release the preliminary renderings and design plans for the 10-acre, 143,000-square-foot courthouse, which is being designed by Honolulu-based Architects Hawaii Ltd., and is expected to start construction in March 2016, with a completion date targeted for 2019. The complex, which will be located close…
  • Tech company brings divorce platform to region

    Kathy Robertson
    19 Dec 2014 | 2:26 pm
    A San Mateo company that offers a technology platform and mediation support for amicable divorce out of court has entered the Davis market. Wevorce provides a step-by-step, family-centric process that helps couples automate the paperwork and work with a lawyer to untangle complex issues. The company hires attorneys as independent contractors. They offer the process to clients interested in the approach, which the company says costs a third of the price for a typical divorce. Automation and a streamlined…
  • Managing partner breaks the glass ceiling at large Sacramento law firm

    Kathy Robertson
    19 Dec 2014 | 2:12 pm
    Julia Jenness will become managing partner of the fifth-largest law firm in Sacramento, effective Feb. 1. She'll become the first woman to lead a sizable local firm in two decades. The executive committee at Boutin Jones Inc. chose Jenness as its first female managing partner last week. The firm has 45 lawyers. Other women lawyers have leadership roles at Sacramento firms, but this appears to be the first time a women will head a locally based firm of this size since 1998. The announcement comes…
  • Want to ban fracking? Be ready to pay up under Colorado Legislature bill

    Cathy Proctor
    19 Dec 2014 | 1:59 pm
    Counties that enact a ban on fracking would have to compensate the owners of mineral rights under a bill Rep. Perry Buck, R-Windsor, plans to introduce during the 2015 legislative session. Senator-elect Jerry Sonnenberg, R-Sterling, will sponsor the bill in the Senate, Buck said. "It's only fair, if you have an asset like mineral rights, that you're allowed to receive the value for it," Buck said. Last summer, Sonnenberg, as a state Representative, backed a ballot proposal called Initiative 121…
  • Oracle v. Oregon: Pre-trial issues hint at a glacial resolution pace

    Elizabeth Hayes
    19 Dec 2014 | 1:41 pm
    The legal battle between Oregon and Oracle Corp. over the botched Cover Oregon health exchange is far from over — or even close to going to trial. U.S. District Judge Anna Brown today granted the state's motion to dismiss Oracle's federal lawsuit on certain grounds, but she also allowed Oracle to file a second amended complaint to try again. At issue is whether the state has "sovereign immunity" for Oracle's copyright claim against it. The judge found Oracle didn't adequately support its argument…
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    Logistics & Transportation News - Logistics & Transportation News Headlines | Bizjournals.com

  • Honolulu rail agency solicits bids for station construction

    Bill Cresenzo
    19 Dec 2014 | 4:40 pm
    One day after the Honolulu Authority for Rapid Transportation said the cost of Honolulu's $5.16 billion rail transit project could increase by $700 million, the agency put out a solicitation for bids for the first of three rail station contract packages. In August, HART unsealed bids for the construction first nine stations along the 20-mile, 21-station route, but the lowest one came in more than $110 million more than HART had originally budgeted for. HART then decided to " repackage and recalibrate"…
  • EDC Report: Streetcar linked to $609 million in development

    Austin Alonzo
    19 Dec 2014 | 2:35 pm
    The Kansas City downtown streetcar project is linked to more than $609 million in private development, according to a report commissioned by the Economic Development Corp. of Kansas City. The report, which was released to the EDC's Board of Directors on Friday, said $609.3 million in private development projects were linked to the Kansas City streetcar project. About 1,110 new jobs, with annual salaries between $51 million and $53 million, were linked to the project, as well. The report was based…
  • UPS's growing supply chain division has expanded into Shepherdsville

    David A. Mann
    19 Dec 2014 | 1:43 pm
    Atlanta-based United Parcel Service Inc. (NYSE: UPS) has opened space in the Cedar Grove Business Park in Shepherdsville. The company issued a news release earlier this week that made note of the facility as one of four new Supply Chain Solutions Center openings in North America. Supply Chain Solutions is UPS' warehousing and distribution business. Its clients in the Louisville area include Sprint Corp., Toshiba Corp. and Merck & Co. Justin Luther, a company spokesman, told me in an email that…
  • Sierra Northern Railway chooses CEO

    Mark Anderson
    19 Dec 2014 | 1:39 pm
    The Sierra Northern Railway announced Friday that Kennan Beard III is the company's new CEO. Beard has more than 20 years of experience in railroad operations, most recently as the chief operating officer of the Modesto & Empire Traction Co. and also of Beard Land Improvement Co. in Modesto. He's a fifth-generation railroader, and his experience includes track design and construction, locomotive design and operation and intermodal operations. Sierra Northern is based in Woodland and operates 75…
  • This startup wants to build Elon Musk's Hyperloop across the country

    Eric Van Susteren
    19 Dec 2014 | 12:49 pm
    There's a startup that's actually serious about building Elon Musk's Hyperloop, a conceptual transportation system that rockets pods of people from one city to another at dizzying speeds. Simple, right? Well the means to that end aren't. JumpStartFund is essentially a combination crowdfunding and crowdsourcing site that tackles really big ideas. According to Wired, that means around 100 engineers across the country — with day jobs at places like NASA, Airbus and SpaceX — are working together…
 
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    Manufacturing News - Manufacturing News Headlines | Bizjournals.com

  • Aloha Tofu opening new venture at Honolulu’s Dole Cannery

    Duane Shimogawa
    19 Dec 2014 | 3:51 pm
    Aloha Tofu, one of Hawaii's largest producers of fresh tofu, is starting a new venture at Honolulu's Dole Cannery that includes three components — retail, a commercial kitchen and frying operations, the head of the more than 60-year-old Honolulu-based company told PBN. "This is a foray into something new for us," Paul Uyehara, president of Aloha Tofu, which has been owned by his family for generations. "We are trying a couple of new things at that space." The 5,000-square-foot space, which will…
  • Trade with Cuba could mean opportunities for Sacramento-area businesses

    Allen Young
    19 Dec 2014 | 2:31 pm
    President Barack Obama's move to restore diplomatic relations with Cuba could some day create opportunities for Sacramento businesses, experts say. Renee Taylor, CEO of the Northern California World Trade Center, has studied the Cuban market. She said that the country struggles with crumbling infrastructure and may look to the U.S. for construction expertise and equipment. And as Cuba raises its agricultural profile, it will need food manufacturing parts and education on effective practices, Taylor…
  • Clayton country club to become public golf course

    Joe Cogliano
    19 Dec 2014 | 1:56 pm
    Local golfers will have another option in 2015. Meadowbrook Country Club has been donated to the city of Clayton and it will likely become a public course when the new season starts. The club's owner — businessman Larry Harris, who owns Harco Manufacturing — donated the 171-acre property this week to the city. An environmental study and some legal paperwork still has to be done before Clayton takes possession of Meadowbrook, said Rick Rose, Clayton City Manager. "We've run the numbers...…
  • Impinj retail center aims to bring the online shopping experience to the store

    Rachel Lerman
    19 Dec 2014 | 1:51 pm
    When Seattle tech company Impinj moves its headquarters to South Lake Union next fall, it will leave behind one office in Fremont — and it's not what you would expect for a company that makes RFID technology. Impinj's Retail Experience Center is packed full of nearly 500 products, including snowboards, ski jackets and shoes of all types. Each one is tagged with a highly sensitive RFID tag. The retail center occupies nearly 10,000 square feet in downtown Fremont, across the street from Impinj's…
  • From Golden State to Lone Star State: Here's how California firms are faring after relocating to Texas

    Paul O'Donnell
    19 Dec 2014 | 12:33 pm
    Our affiliated publication, the Sacramento Business Journal, set out to discover what California companies experience when they make the big move from the Pacific Coast to the American Prairie. Staff Writer Allen Young's introductory paragraph in his subscriber content story takes away all of the suspense: Here's a rude shock for anyone who thinks companies might regret moving from California to Texas: They don't. Young interviewed a handful of Californians who made the move, including executives…
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  • Year in Review: Our toughest Business Pulse quizzes of the year

    Ty West
    19 Dec 2014 | 3:12 pm
    Birmingham residents really know their beer and their city's history. But they could stand do a little more research on the airport and, surprisingly, SEC football. That's according to the results of our Business Pulse quizzes from 2014. As part of our Year in Review, we're looking back at some of the most difficult quizzes of the year, based on the average scores from readers. Readers scored highest on quizzes about Birmingham's craft beer industry and the city's history. We launched the quiz…
  • Donna Brazile to kick off Black History Month in San Antonio

    James Aldridge
    19 Dec 2014 | 2:53 pm
    San Antonio Public Library and Carver Community Cultural Center officials have invited Democratic political strategist, professor and columnist Donna Brazile to kick off Black History Month on January 22. She will host an hour-long presentation at 7:15 p.m. at the Carver's Jo Long Theatre. The evening will culminate with an open mic Q&A session. The event is free but guests will need to reserve a ticket by visiting this link. Brazile is one of the most influential African American women in politics…
  • Highmark advertising agency decision expected soon

    Patty Tascarella
    19 Dec 2014 | 2:47 pm
    Highmark Inc.'s primary advertising agency review is down to the final stretch with a decision likely in early 2015. Sources said three candidates pitched the account on to the health insurer Dec. 5: Mullen Pittsburgh, which has been the health care insurer's primary advertising agency since 2000; PARTNERS+simons, based in Boston; and Doner, based in Southfield, Mich. Mullen President Brian Bronaugh declined comment; calls to the other agencies were not returned. According to Highmark's 2013 tax…
  • Slideshow: What the 2024 San Francisco Olympics could look like

    Marlize van Romburgh
    19 Dec 2014 | 2:42 pm
    San Francisco and the Bay Area are in the running to be pitched as the U.S.' nominee to host the 2024 Olympics. Take a look at what the stadiums and venues could look like. [Click on the photo to start a slideshow of renderings and maps.]
  • Big lease: Disney expands downtown Seattle footprint by 40 percent

    Marc Stiles
    19 Dec 2014 | 2:05 pm
    A new lease by the Walt Disney Co. in downtown Seattle is further proof that tech and media companies are at home in high-rise office buildings. Disney not only renewed its lease at the 40-story Fourth & Madison tower, it's taking additional space, going from five floors to seven. The deal expands the company's footprint to 170,000 square feet, said Disney's Seattle real estate broker, Peter Truex of JLL. Disney's decision to stay put in the 40-story tower is validation that skyscrapers aren't…
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  • Redevelopment of former Austin Energy downtown site into condos adds partner, moves ahead

    Jan Buchholz
    20 Dec 2014 | 12:08 pm
    Constructive Ventures, which plans to redevelop the former Austin Energy Control Center at Third Street and West Avenue, has a new partner — Austin-based Aspen Heights — and formally named the residential condo tower project "The Independent." The 1.7-acre site, near the hub of the city's most intense construction activity, is owned by the city of Austin. Constructive Ventures — a local development company headed by Perry Lorenz and Larry Warshaw — has had a master development agreement…
  • Value of Belltown public health building soars 53 percent in just over 2 years

    Marc Stiles
    19 Dec 2014 | 4:44 pm
    A downtown Seattle building that houses a public health clinic sold Friday for nearly $10.1 million, or around 53 percent more than what the property sold for in 2012. Dave Speers, a commercial real estate broker who marketed the property for sale, said the U.S. affiliate St. Bride's Managers, a global real estate investment manager headquartered in London, bought the property at the southeast corner of Fourth Avenue and Blanchard Street. That's next to where the 41-story hotel/apartment Potala…
  • Meet the real estate broker who will lead Redfin's launch into San Antonio's housing market

    Stephanie Guzman
    19 Dec 2014 | 3:23 pm
    Redfin Corp., the national online real estate brokerage company, is in nearly 50 markets across the U.S. and today marked their debut into San Antonio. The company has grown quickly, as Redfin was only in 22 markets about two years ago. The Seattle-based company's recent string of new markets include San Antonio, Detroit, New Jersey and Richmond, Virginia. Melanie Salas has been tapped to lead Redfin services in San Antonio. She has been a real estate broker for her own firm, Epic Realty. Salas…
  • Diocese of San Jose buys long-vacant downtown lot behind Basilica of St. Joseph

    Nathan Donato-Weinstein
    19 Dec 2014 | 2:58 pm
    The Diocese of San Jose has bought a downtown parcel that's over a half-acre in size, the former site of a historic building that has sat vacant since a 2008 blaze. The Diocese paid $4.65 million to acquire the 23,581-square-foot parcel at 91 S. First St. from Barry Swenson Builder and a local family, according to public records. The land sits behind the iconic Cathedral Basilica of St. Joseph, and could allow for expanded parking for the church. But downtown observers said they hope to see some…
  • Mack Urban buys South Lake Union property

    Marc Stiles
    19 Dec 2014 | 2:53 pm
    Mack Urban on Friday paid $11.5 million for a development site in Seattle's South Lake Union area. Records show that Alexandria Real Estate, a publicly traded company that develops life-science projects, sold the property, an old warehouse at 124 Terry Ave. N. Earlier this year, a company spokesperson said that Alexandria l ikely would do a project with a mix of uses on the site, and city records showed that Alexandria was seeking a master-use permit to develop a 238-unit residential tower with…
 
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  • Hundreds of civil rights protesters jam Mall of America rotunda (Photos)

    Jim Hammerand
    20 Dec 2014 | 1:33 pm
    Hundreds of civil rights protesters shut down the east side of the Mall of America Saturday afternoon on the final shopping weekend before Christmas. The same organizers that led a march from South Minneapolis to City Hall on Interstate 35W as part of nationwide demonstrations against police treatment of black citizens had more than 3,000 people sign up on Facebook to attend the Bloomington megamall the protest. RELATED: Mall of America tells protesters to stay out A crowd of what appeared to…
  • Redevelopment of former Austin Energy downtown site into condos adds partner, moves ahead

    Jan Buchholz
    20 Dec 2014 | 12:08 pm
    Constructive Ventures, which plans to redevelop the former Austin Energy Control Center at Third Street and West Avenue, has a new partner — Austin-based Aspen Heights — and formally named the residential condo tower project "The Independent." The 1.7-acre site, near the hub of the city's most intense construction activity, is owned by the city of Austin. Constructive Ventures — a local development company headed by Perry Lorenz and Larry Warshaw — has had a master development agreement…
  • Black Lives Matter protest slows business at The Summit

    Ryan Phillips
    19 Dec 2014 | 5:20 pm
    Despite Friday's peaceful protests by Black Lives Matter-Birmingham, which threatened to shut down one of the area's busiest highways, traffic moved along U.S. 280 at a steady pace and police officers directed traffic into The Summit with little resistance from the crowd for most of the day. At one point late in the protest, however, protesters did make their way onto the road, temporarily slowing traffic on U.S. 280. Protesters at The Summit and Riverchase Galleria called for positive change following…
  • What's on all those container ships? Here are Washington's top 25 imports

    Sarah Aitchison
    19 Dec 2014 | 4:39 pm
    Containers at ports along the West Coast are stuck on the docks during holiday season slowdowns incited by stalled negotiations between the union dockworkers, the International Longshoreman and Warehouse Union, and the group representing terminal operators, the Pacific Maritime Association. The two parties have been negotiating for more than half the year. And while they are making progress, it is slow progress. Negotiations aren't the only thing that's slow: Between November 2013 and November…
  • Aloha Tofu opening new venture at Honolulu’s Dole Cannery

    Duane Shimogawa
    19 Dec 2014 | 3:51 pm
    Aloha Tofu, one of Hawaii's largest producers of fresh tofu, is starting a new venture at Honolulu's Dole Cannery that includes three components — retail, a commercial kitchen and frying operations, the head of the more than 60-year-old Honolulu-based company told PBN. "This is a foray into something new for us," Paul Uyehara, president of Aloha Tofu, which has been owned by his family for generations. "We are trying a couple of new things at that space." The 5,000-square-foot space, which will…
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  • Year in Review: Countdown of PBN's top Business Pulse surveys in 2014 - No. 10

    A. Kam Napier
    20 Dec 2014 | 8:00 am
    Our countdown of the top Business Pulse surveys of 2014 continues. Here's No. 10: 10. Should Hawaii replace Aloha Stadium, at a cost of $192 million? In late June, PBN reported on a New York consulting firm's suggestion to the state that it replace the aging Aloha Stadium with a smaller, modern facility, which it estimated would cost $192 million. Should we do so? Of the 710 readers who responded, 57 percent said no, 39 percent said yes. Speaking for the yes side, reader Michael Soucie of Kapolei,…
  • Clayton country club to become public golf course

    Joe Cogliano
    19 Dec 2014 | 1:56 pm
    Local golfers will have another option in 2015. Meadowbrook Country Club has been donated to the city of Clayton and it will likely become a public course when the new season starts. The club's owner — businessman Larry Harris, who owns Harco Manufacturing — donated the 171-acre property this week to the city. An environmental study and some legal paperwork still has to be done before Clayton takes possession of Meadowbrook, said Rick Rose, Clayton City Manager. "We've run the numbers...…
  • 4 Colorado ski bars are among top 10 in U.S. (Slideshow)

    Caitlin Hendee
    19 Dec 2014 | 1:10 pm
    There's nothing quite like tossing back a crisp craft brew with friends after a long day carving lines down the slopes. Seriously. The aprés-ski scene is just as important to resorts as the feet of snow piled up on the ground. Of the thousands of spots in the country where skiers can check in for a bite or beer with friends, four Colorado bars found a place on Foursquare's top 10 aprés-ski bars in the nation. Click the image above to view the top 10 aprés-ski bars in the country, according…
  • Urban Om opens with the New Year on Milwaukee’s east side

    Alison Bauter
    19 Dec 2014 | 12:44 pm
    New yoga studio Urban Om opens Jan. 5 near Whole Foods on Milwaukee's east side, with hopes to build what its co-owners call a "yoga community." Kelsey Weaver, 26, and Jozi Tatham, 30, have taught classes at various studios around town. "We both had been wanting to open a studio at some point in our lives, and it just happened to work out that our visions were the same, and we found the space," Weaver said. Urban Om will offer all levels of classes, Weaver said. Their style is Vinyasa flow yoga,…
  • Milwaukee's WCGV-TV 'My 24' adds Badgers hockey, UWM Panthers hoops games

    Rich Kirchen
    19 Dec 2014 | 12:41 pm
    Milwaukee television station WCGV-TV ("MY 24") has expanded its sports programming with University of Wisconsin Badgers hockey and Horizon League college basketball including two UW-Milwaukee games. The games are courtesy of station owner Sinclair Broadcast Group's new American Sports Network that launched this fall. The remaining Badger hockey games will run Feb. 7, 2015, vs. Penn State, Feb. 14 vs. Ohio State and March 13 vs. Ohio State. The UWM Panthers men's basketball games will air Jan. 4,…
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  • What's on all those container ships? Here are Washington's top 25 imports

    Sarah Aitchison
    19 Dec 2014 | 4:39 pm
    Containers at ports along the West Coast are stuck on the docks during holiday season slowdowns incited by stalled negotiations between the union dockworkers, the International Longshoreman and Warehouse Union, and the group representing terminal operators, the Pacific Maritime Association. The two parties have been negotiating for more than half the year. And while they are making progress, it is slow progress. Negotiations aren't the only thing that's slow: Between November 2013 and November…
  • Nadella's 'karma-gate' flap launched a discussion of diversity in tech: Here are 5 provocative responses

    Jacob Demmitt
    19 Dec 2014 | 3:57 pm
    Freshly appointed Microsoft CEO Satya Nadella was fairly new to the national spotlight when he took the stage at the Grace Hopper Celebration of Women in Computing event in October. That's when he suggested women shouldn't ask for raises, but rather "have faith in the system." Needless to say, Nadella was about to get the taste of his first foot-in-mouth moment. Nadella's comment's sparked a national conversation and shined a spotlight on how vastly underrepresented minorities and women are in…
  • Diocese of San Jose buys long-vacant downtown lot behind Basilica of St. Joseph

    Nathan Donato-Weinstein
    19 Dec 2014 | 2:58 pm
    The Diocese of San Jose has bought a downtown parcel that's over a half-acre in size, the former site of a historic building that has sat vacant since a 2008 blaze. The Diocese paid $4.65 million to acquire the 23,581-square-foot parcel at 91 S. First St. from Barry Swenson Builder and a local family, according to public records. The land sits behind the iconic Cathedral Basilica of St. Joseph, and could allow for expanded parking for the church. But downtown observers said they hope to see some…
  • Table Trac CEO quits; CFO gets top spot

    Jim Hammerand
    19 Dec 2014 | 2:42 pm
    The CEO of Minnetonka-based casino-systems maker Table Trac has resigned, the company said in a news release Friday. Glenn Goulet resigned Dec. 15. He was named chief executive in 2011. The company did not give a reason for his departure and could not be reached for more information. Table Trac's board promoted Chief Financial Officer Brian Hinchley to CEO. "Table Trac has a strong management team and an experienced board," founder and President Chad Hoehne said in a statement. "As we go into…
  • Good Technology narrowed loss in Q3, ahead of next year's expected IPO

    Cromwell Schubarth
    19 Dec 2014 | 2:33 pm
    Good Technology narrowed its net loss in the third quarter as its revenue growth slowed, according to an updated IPO filing on Friday. The Sunnyvale mobile security company led by CEO Christy Wyatt was expected to try to raise up to $100 million by going public earlier this year. But it joined a number of others — including Los Altos-based online storage and collaboration company Box — who chose to put off their Wall Street debuts and raise more private funding after investors started demanding…
 
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  • Anschutz's Xanterra gets temporary contract to keep running Grand Canyon services

    Mark Harden
    19 Dec 2014 | 5:10 pm
    A looming showdown between Philip Anschutz's Colorado company that operates hotels and other visitor services at Grand Canyon National Park and the iconic park's administrators that could have led to the shutdown of some facilities has been postponed. But the larger issue of who will run the facilities long term is still unresolved. Greenwood Village-based Xanterra Parks & Resorts Inc. said Friday it has reached an agreement with the National Park Service to continue operating most facilities at…
  • Travel Weekly honors Hawaii and Richard Kelley of Outrigger

    Jason Ubay
    19 Dec 2014 | 4:49 pm
    Travel Weekly magazine recently honored Dr. Richard R. Kelley, chairman emeritus of Outrigger Enterprises Inc., with its Lifetime Achievement Award. Kelley was presented with the award on Tuesday night at Travel Weekly's annual Readers' Choice Gala Awards Dinner at the Plaza Hotel in New York City. On the same night, it honored the winners of its 12th Annual Readers Choice Awards, and in the destination category named Hawaii the best U.S. state and Maui the best destination in Hawaii. The lifetime…
  • George Lucas finds force isn't always with him in 2014 bid for new Chicago lakefront museum

    Lewis Lazare
    19 Dec 2014 | 2:04 pm
    This story part of Year in Review, which looks back at the biggest news, most influential newsmakers and top photos of 2014. Read more Year in Review articles here. Who would have thunk? None other than famed filmmaker George Lucas gave Chicago a high-profile reason in 2014 to focus attention on what the future should be for the city's prime lakefront land and — perhaps just as importantly — on whether Chicago Mayor Rahm Emanuel is pushing too relentlessly — and recklessly some might say —…
  • City completes new $9M traffic improvements on north I-Drive

    Richard Bilbao
    19 Dec 2014 | 1:46 pm
    North International Drive should run smoother – well, at least when the holidays end — now that the city has capped off work on improvements to alleviate the traffic congestion. On Dec. 18, the city held an event to commemorate the end of a $9 million transportation project started back in July 2013 that adds exclusive lanes for buses and right turns, new bike lanes, a 10-foot sidewalk and new streetscaping. The 1.5-mile stretch of International Drive from Universal Boulevard to Oak Ridge Road…
  • Golden Moon owners hope to buck casino trend

    Michael Sheffield
    19 Dec 2014 | 12:59 pm
    The owners of Golden Moon Hotel and Casino are taking a gamble of their own, with a $70 renovation of the property. But they're confident they'll win. More than two years after taking over the property, Pearl River Resort is reopening its Philadelphia, Mississippi-based casino full time Jan. 31. It has been open on weekends only since 2009. In addition to renovating all 571 of the hotel rooms on the property, gaming floor renovations will also add 1,150 slot machines, 25 table games and an elevated…
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  • Yelp launches new app for business owners

    Ed Arnold
    19 Dec 2014 | 5:00 am
    San Francisco-based online review site Yelp is launching a new app targeted not at its base of review users, but for businesses owners. Yelp says the new app is designed to help keep business owners in touch with customers and to make it easier to keep tabs on their Yelp reviews. Previously, business owners had to visit Yelp through a web browser to check their reviews and message reviewers. "Consumers are now sending an average of 55,000 messages each month to businesses through our free Message…
  • Brandon Sawyer: A big boost for small business

    Brandon Sawyer
    19 Dec 2014 | 3:00 am
    Federal Small Business Administration programs offer a rather large source of startup capital for Portland's homegrown businesses. In the fiscal year ended in September, the Portland District SBA office partnered with lenders to provide almost $450 million to area businesses. Though the total number of loans supported grew from 830 in the last fiscal year to 865 this fiscal year, total volume of those loans fell 1.8 percent. However, 7(a) loans, the SBA's main multi-purpose program to fund startup…
  • Bringing a touch of home to drab dorm rooms

    Bea Quirk
    19 Dec 2014 | 3:00 am
    Most entrepreneurs say they will do whatever it takes to make their business succeed. Leigh-ann Sprock and Leigh Goodwyn, co-owners of LeighDeux, a company they began in 2013 to provide upscale dorm furnishings, found out early on the importance of commitment. The two were getting ready for the debut of their products — including bed linens, rugs and pillows — for a trunk show in Atlanta. About a day beforehand, they traveled to the North Carolina mountains to visit the mill they contracted…
  • Harness the power of teams

    Terri Davis
    19 Dec 2014 | 3:00 am
    Businesses perform best when run like a winning team. We know this intuitively, but in practice often find it difficult to change to a team model of operating a business. Many businesses grow from one person's dream and skills — but out of this excellent beginning morph into an autocratic business model. At some point growth demands that this model be shifted to a more productive and sustainable model. A team-centric business model has many advantages: Ideas flow from multiple sources. Team…
  • To find lasting rewards in business, an emphasis on fun should be a priority

    Jim Verdonik
    19 Dec 2014 | 3:00 am
    I often find Christmas-gift inspiration in unusual places. This year, it happened when I was sitting in a conference room talking to an investment banker. (I know! Who would expect that? Investment bankers are many things, but few people would confuse them with Santa Claus.) But he said something so wonderful that I have to share it as a Christmas present. In describing his business, he said, "We're looking to do fun deals." He explained his firm was full of people who had done other things at…
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  • Albany, New York logistics company adding warehouses in Waterford, Guilderland

    Krystle S. Morey
    19 Dec 2014 | 11:43 am
    New customers and demand for raw material storage near technology companies including GlobalFoundries are pushing Stone Management Inc. to add two additional warehouses. So much so that the Watervliet, New York logistics company is running out of storage space at its three warehouses in the region. Brian Helf, president and CEO said he is in negotiations with property owners in Waterford and Guilderland to lease an additional 110,000 square feet of space. Stone stores and ships products and raw…
  • CommerceHub CEO: Acquisition of Seattle-based Mercent broadens marketing abilities

    Chelsea Diana
    19 Dec 2014 | 11:40 am
    CommerceHub's acquisition of Mercent, a Seattle e-commerce company, will open up new doors for the Albany-based software company, with big names like Amazon and Ebay. CommerceHub uses a cloud-based platform that allows retailers to list their products online and ship them to customers directly from the manufacturer. In the last 12 months, CommerceHub processed more than $8 billion in retail sales for online retailers in the United States and Canada. The company works with about 8,500 suppliers and…
  • Cuomo celebrates with Schenectady after casino pick (Slideshow)

    Michael DeMasi
    19 Dec 2014 | 11:12 am
    Gov. Andrew Cuomo told business and community leaders in Schenectady that a new, $300 million casino will be a step toward reversing decades of decline in the upstate New York city. "What you have started doing today is started writing the chapter of what we will be, and that chapter has been a long time coming," Cuomo told more than 200 people who filled The GE Theater at Proctors downtown, "and you gave yourselves a beautiful Christmas present." Click the photo on this pasge to see who was there…
  • UAlbany names second-in-command

    Megan Rogers
    19 Dec 2014 | 11:06 am
    Robert Jones, president of University at Albany, has tapped City University of New York vice president James Stellar as the number two leader at UAlbany. Stellar will started at UAlbany as provost and vice president for academic affairs on February 2, 2015. He is currently the vice president for academic innovation and experiential education at Queens College of the City University of New York. Stellar replaces Susan Philips. Tim Mulcahy has served as interim vice president and provost for the…
  • The year in photos (Slideshow)

    Robin K. Cooper
    19 Dec 2014 | 10:33 am
    As you click through the slideshow, you will find a striking photo of Susan Bivone, an architecture student with her senior thesis project at Rensselaer Polytechnic Institute, the private research school in Troy, New York. Albany Business Review photographer Donna Abbott-Vlahos points to Bivone's photo as one of her favorites from 2014. Donna picked through some of her best work from throughout the year, selecting photos of Albany CEOs and founders of ambitious startup companies. The attached…
 
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  • Year in review: the top tech deals of 2014

    Dan Mayfield
    19 Dec 2014 | 1:52 pm
    In the tech world, 2014 will go down as the year that Google came to New Mexico and the year we lost some major companies and legendary names. Sure, we'll no longer see EMCORE's name in the Sandia Science & Technology Park. We can't call Lumidigm a New Mexico company anymore. And Titan Aerospace is gone, replaced with just one word: Google. But the record number of exits created new wealth, brought experienced managers back into the city and most important, many say, made money for investors to…
  • Exit interview: State Treasurer James Lewis prepares for big transition

    Dan Mayfield
    19 Dec 2014 | 1:48 pm
    The New Mexico State Treasurer's Office is finally back on track, and James Lewis has spent the last six months preparing for a new treasurer, Tim Eichenberg, to take over in January. It will be the first easy transition in the office since corruption scandals rocked the state in the mid 2000s. Now, Lewis said, the office is back in shape and he's prepared a first-ever two-inch-think book for Eichenberg that details every role, every position and every rule the Treasurer must follow. Each division…
  • The list: check out which NM schools have the highest MBA enrollment

    Brandon J. Call
    19 Dec 2014 | 1:34 pm
    This week's list looks at MBA enrollment numbers in New Mexico. With 558 MBA students, the Anderson Graduate School of Management at the University of New Mexico tops our list. Founded in 1969, the school also boasts 60 full-time faculty members and more than 1,200 undergraduate business students. See which other MBA programs made the top five on our list in the accompanying slideshow. For a full list of MBA programs in New Mexico, check out our Dec. 19 print edition. (Subscribers can click here.) Information…
  • NM unemployment falls slightly as transportation jobs grow

    Tina Orem
    19 Dec 2014 | 1:17 pm
    According to new data from the Bureau of Labor Statistics, the seasonally-adjusted unemployment rate in New Mexico fell from 6.5 percent in October to 6.4 percent in November. Unemployment is also down year-over-year. In November 2013, it was at 6.7 percent. New Mexico's unemployment rate is still higher than the national rate, which was 5.8 percent in November, according to the Bureau of Labor Statistics. The trade, transportation and utilities sector added 3,700 jobs over the year, showing the…
  • See which schools have the biggest alumni associations in New Mexico

    Brandon J. Call
    19 Dec 2014 | 1:15 pm
    This week's list takes a look at New Mexico's largest alumni associations. With 91,200 members, the University of New Mexico Alumni Association tops our list of alumni associations in New Mexico. Founded in 1897, the school boasts an annual publication, a weekly e-newsletter and several association-hosted events. See which other alumni associations made the top five on our list in the accompanying slideshow. For a full list of alumni associations in New Mexico, check out our Dec. 19 print edition.…
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    Atlanta Business News - Local Atlanta News | Atlanta Business Chronicle

  • TPA Group affiliate buys Nashville flex office building portfolio for $38 million

    Phil W. Hudson
    19 Dec 2014 | 12:22 pm
    An affiliate of the TPA Group acquired a portfolio of Nashville flex office buildings for $38 million from the California State Teachers' Retirement System. The Atlanta-based private real estate investment firm's acquisition was reported to include eight buildings with 556,404 square feet of space in MetroCenter and Nashville's southeast industrial submarket and MetroCenter. About 24 percent of the office space is vacant, The Tennessean reported. TPA is a development partner in Oldacre McDonald…
  • Chick-fl-A drops off food at Washington Wizards practice after player says he wants chicken

    Phil W. Hudson
    19 Dec 2014 | 12:14 pm
    The Washington Wizards have a pretty sweet promotion that give fans a chance to win a free Chick-fil-A chicken sandwich if an opposing player misses two consecutive shots at the free throw line. But shouldn't players be able to eat chicken from one of Atlanta's most popular restaurant chains? They think so. "I want to get chicken, too, of course," Wizards center Marcin Gortat told the Washington Post. "I mean, just because I play, I can't get chicken? Whoever is listening, I want 12 nuggets, double…
  • Russia's Putin says Coca-Cola may be harmful for children to drink

    Phil W. Hudson
    19 Dec 2014 | 11:49 am
    Vladimir Putin lashed out against the Coca-Cola Co. Dec. 18 at his annual press conference on the state of Russia in Moscow. The Russian president suggested that Coke could represent a health threat. "[I] did not know whether Coca-Cola is a harmful drink, but many experts say it is [harmful] for children," the former KGB officer said. ""The thing is we have our own national drinks." The comment was made after a man from Kirov asked whether Russian supermarkets should stock kvas, a fermented beverage…
  • Year in Review 2014: Atlanta's top 10 sports business stories

    Mark Meltzer
    19 Dec 2014 | 11:46 am
    Atlanta's major sports teams lost more games than they won in 2014, but there was plenty of excitement off the field. Both the Atlanta Braves and Atlanta Falcons started construction of new stadiums, even though Turner Field is just 17 years old and the Georgia Dome just 22 years old. Both stadiums are scheduled to open in 2017. The Atlanta Hawks, who got off to a good start on the court at the end of 2014, announced that a majority interest in the club is for sale. No buyer has been found yet. 1.…
  • Group: Home Depot data breach cost community banks $90M

    Phil W. Hudson
    19 Dec 2014 | 11:44 am
    The nation's community banks reissued nearly 7.5 million credit and debit cards --costing more than $90 million -- as a result of The Home Depot Inc.'s (NYSE: HD) data breach, the Independent Community Bankers of America (ICBA) reported. Additionally, ICBA reported that more than 4 percent of community banks it surveyed reported fraud on accounts that were compromised by the April-September breach. This number would have been higher had community banks not reissued cards as quickly as they did. "Community…
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    Austin Business News - Local Austin News | Austin Business Journal

  • Redevelopment of former Austin Energy downtown site into condos adds partner, moves ahead

    Jan Buchholz
    20 Dec 2014 | 12:08 pm
    Constructive Ventures, which plans to redevelop the former Austin Energy Control Center at Third Street and West Avenue, has a new partner — Austin-based Aspen Heights — and formally named the residential condo tower project "The Independent." The 1.7-acre site, near the hub of the city's most intense construction activity, is owned by the city of Austin. Constructive Ventures — a local development company headed by Perry Lorenz and Larry Warshaw — has had a master development agreement…
  • The Capital Factory raises nearly $3M, part of larger financing

    Christopher Calnan
    19 Dec 2014 | 1:21 pm
    The Capital Factory, a downtown co-working space and incubator, has raised $2.7 million of a planned $9 million financing. The Austin-based venture collected the capital from 34 investors, according to a Friday filing with the U.S. Securities and Exchange Commission. The filing is an update to a November 2013 filing in which the Capital Factory reported raising $550,000 of the financing. TechFlash: Austin's best tech news in your inbox, every weekday. Subscribe for free here. In October 2013,…
  • Platinum 50 names top Austin residential real estate winners

    Jan Buchholz
    19 Dec 2014 | 12:49 pm
    The 2015 Platinum Top 50 Austin awards were handed out this week at a ceremony at the Sheraton Austin Hotel at the Capitol. The program, which is supported by a variety of real estate-related firms, is based on agents' special achievements in sales, education, industry participation and civic leadership. The program was started in San Antonio and is in its fourth year in Austin. Special awards also were handed out. Here's a look at this year's winners: • Career achievement: Terese Peabody, Stanberry…
  • Здравствуйте (Hello) Schlotzky's: Austin chain expands to Russia

    Michael Theis
    19 Dec 2014 | 12:46 pm
    Schlotzky's, the Austin-based fast food chain, is expanding its brand to Russia, the company announced Friday, just as Western investment in that country has slowed in the wake of economic sanctions imposed against it. According to Kelly Roddy, president of Schlotzky's, negotiations with franchisee Mehmet Akpinar to bring the chain to Russia began more than a year ago, before Russia incurred international condemnation for its actions in support of Ukrainian separatist movements in and around the…
  • Live Nation buys ownership stake in Austin's C3 Presents

    Chad Swiatecki
    19 Dec 2014 | 12:40 pm
    Live Nation Entertainment has completed a long-anticipated deal to take a controlling interest in C3 Presents, the Austin-based festival promoter that produces Austin City Limits Fest and Lollapalooza and over 1,700 other concerts and events. The deal, which has been expected for more than a year and attracted national headlines when it was rumored to be nearly complete during this year's ACL Fest, was reportedly for a 51 percent stake in the company. Anonymous sources at the time told the New York…
 
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    Baltimore Business News - Local Baltimore News | Baltimore Business Journal

  • Incoming USM Chancellor Caret: Returning to Maryland a "personal and professional endeavor"

    Sarah Gantz
    19 Dec 2014 | 1:53 pm
    Incoming University System of Maryland Chancellor Robert Caret and University of Maryland, Baltimore County President Freeman Hrabowski embraced in a back-slapping hug. Caret's wife, Elizabeth, greeted familiar faces with outstretched arms. A press conference in Baltimore Friday to formally introduce Caret, currently the president of the University of Massachusetts System, as the university system's fourth chancellor was not the cordial meet-and-greet these gatherings usually are. This was a welcome…
  • Everyman Theatre is looking for a new managing director

    Sarah Meehan
    19 Dec 2014 | 11:59 am
    Everyman Theatre is on the hunt for a new managing director as Ian Tresselt steps down from the position. Tresselt, the theater's managing director since 2008, is leaving to pursue a double master's degree in design leadership at Johns Hopkins Carey Business School and the Maryland Institute College of Art. "Everyman has always been more than just a job for me," Tresselt said in a statement. "I am so honored to have been a part of Everyman's growth – both artistically and administratively –…
  • MediaGlu acquisition will bring new player to Baltimore ad-tech scene

    Sarah Gantz
    19 Dec 2014 | 11:53 am
    AppNexus' pending acquisition of Baltimore's MediaGlu brings a new player — and one with big plans for growth — to Baltimore's advertising-technology community. New York City digital advertising firm AppNexus sought out MediaGlu for its cross-device tracking technology, which will give AppNexus advertisers valuable information about where users see their ads. The deal is expected to close Dec. 19. Financial terms have not been disclosed. But AppNexus wasn't after MediaGlu just for its technology.…
  • Under Armour named Yahoo Finance Company of the Year

    Sarah Meehan
    19 Dec 2014 | 11:29 am
    Under Armour Inc. is raking in the trophies. The Baltimore sportswear maker has been named Yahoo Finance's Company of the Year. Under Armour earned the distinction because of its fast-paced growth, strong stock performance and the way the company "turned potential setbacks into wins" in 2014. The BBJ highlighted some of those those turning points in this post. Under Armour (NYSE: UA) continued to see quarterly revenue growth of at least 20 percent in 2014 and the company's share price grew 62.5…
  • A Howard County startup is moving to Texas because of a new medical school

    Christopher Calnan
    19 Dec 2014 | 10:42 am
    A Baltimore software company is relocating to Austin, Texas, based largely on the building of the University of Texas' new medical school. The seven-person startup, called vitaTrackr Inc., develops software designed to improve the use of data in health care by improving access and outcomes while lowering costs. The company, founded in 2011, is developing a health data marketplace designed to enable the movement of health data from the point at which it is created to qualified destinations, according…
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    Birmingham Business News - Local Birmingham News | Birmingham Business Journal

  • GALLERY: Black Lives Matter protests at The Summit and Riverchase Galleria

    Ryan Phillips
    19 Dec 2014 | 6:35 pm
    GALLERY: Black Lives Matter protests at The Summit and Riverchase Galleria
  • Black Lives Matter protest slows business at The Summit

    Ryan Phillips
    19 Dec 2014 | 5:20 pm
    Despite Friday's peaceful protests by Black Lives Matter-Birmingham, which threatened to shut down one of the area's busiest highways, traffic moved along U.S. 280 at a steady pace and police officers directed traffic into The Summit with little resistance from the crowd for most of the day. At one point late in the protest, however, protesters did make their way onto the road, temporarily slowing traffic on U.S. 280. Protesters at The Summit and Riverchase Galleria called for positive change following…
  • Year in Review: Our toughest Business Pulse quizzes of the year

    Ty West
    19 Dec 2014 | 3:12 pm
    Birmingham residents really know their beer and their city's history. But they could stand do a little more research on the airport and, surprisingly, SEC football. That's according to the results of our Business Pulse quizzes from 2014. As part of our Year in Review, we're looking back at some of the most difficult quizzes of the year, based on the average scores from readers. Readers scored highest on quizzes about Birmingham's craft beer industry and the city's history. We launched the quiz…
  • ConcertCare hires Bradley Arant partner as president and COO

    Alan Alexander
    19 Dec 2014 | 1:04 pm
    Birmingham-based ConcertCare, a consulting firm for the medical industry, has hired Jonathan Kipp to serve as president and chief operating officer. Kipp will leave his position as partner at Bradley Arant Boult Cummings, where he practiced in areas such as business entity formation, capitalization, private securities placements, private equity and venture capital investments. He also served as vice chairman of the firm's emerging growth companies team. Kipp said his long-held desire to become…
  • State looks to schools for construction labor after immigration fallout

    Bryan Davis
    19 Dec 2014 | 1:03 pm
    Alabama's controversial immigration law, HB 56, was signed into law in 2011, a time when most of the country was starting to emerge from the Great Recession. Contractors and construction industry leaders said the law spurred an almost immediate depletion of immigrant labor in Alabama. Even laborers who had come to country legally preferred other states to Alabama, which has one of the stiffest immigration laws in the nation. "We had subcontractors telling us that not only could they not get their…
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    Boston Business News - Local Boston News | Boston Business Journal

  • Staples says data breach affected 1.16M cards

    David Harris
    19 Dec 2014 | 1:27 pm
    Office supply retailer Staples (Nasdaq: SPLS) said a data breach announced earlier this year affected 1.16 million cards. According to the Framingham-based company: At 113 stores, the malware may have allowed access to this data for purchases made from August 10, 2014 throughSeptember 16, 2014. At two stores, the malware may have allowed access to data from purchases made from July 20, 2014 through September 16, 2014. Staples' data security experts detected that criminals deployed malware to some…
  • Report: Boston fantasy sports site DraftKings may go public in 2016

    David Harris
    19 Dec 2014 | 1:16 pm
    Boston-based fantasy sports site DraftKings may go public in the next two years. The company, which has 121 employees, also may generate $100 million in revenue at the end of next year, according to a report on the finance website TheStreet.com. The startup, which launched in 2012, has raised $76 million in venture funding and won high marks from users for its technology, user experience and payouts, Femi Wasserman, vice president of communications for DraftKings, has previously said.
  • AbbVie gets approval for hep C drug partnered with Enanta

    Don Seiffert
    19 Dec 2014 | 12:47 pm
    Watertown-based Enanta Pharmaceuticals has earned its first-ever drug approval today with its multi-pill hepatitis C regimen partnered with AbbVie. Enanta (Nasdaq: ENTA) developed a key part of the Chicago-area drug giant's treatment, which will be the first competition for Gilead's drugs, Sovaldi and Harvoni. AbbVie has already paid Enanta $160 million so far in recent years for development of the drug, and is expected to pony up more now that it's been approved.
  • Cubist, Enanta and Vertex still await FDA approval decisions this year

    Don Seiffert
    19 Dec 2014 | 11:46 am
    In almost every industry, by the Friday before Christmas, all the major news events that will happen during the course of the year have already happened. Not so in the pharmaceutical industry. For reasons I don't fully understand, the U.S. Food and Drug Administration sets deadlines for the approval of drugs right up to the last day of the year. Some of the biggest Boston-area drug developers are expecting major approval decisions in coming days. Here are the three biggest ones: Cubist Pharmaceuticals…
  • Mass. funds $15M for supportive housing

    Catherine Carlock
    19 Dec 2014 | 10:14 am
    The state department of housing and community development on Friday announced it would provide $15 million in funding to create 235 supportive housing units for veterans, homeless people and low-income households. With the new funding, Massachusetts Gov. Deval Patrick's administration has funded 3,065 supportive housing units across the commonwealth. Patrick in December 2012 had announced a goal of creating 1,000 supportive housing units by December 2015. "Gov. Patrick has made permanent supportive…
 
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    Buffalo Business News - Local Buffalo News | Business First of Buffalo

  • Home of the Day: Ultimate City Condo

    <strong><a class="ct" ct="RRE: Reporter byline name" href="/buffalo/resources/real-estate/home-of-the-day/mj-peterson-real-estate">MJ Peterson Real Estate</a></strong>
    20 Dec 2014 | 12:51 am
    By Susan Lenahan, Lic. Assoc. R.E. Broker Home of the Day is presented by the Buffalo Business First with http://www.mjpeterson.com. This is your invitation to view some of Buffalo's most-luxurious properties. Come inside and take a look around. Click on the gallery image to view today's featured property. 1088 Delaware Avenue #16-HIJ, Buffalo, NY 14029 | $949,900 Stunning! Incredible views from 16th floor along with 2,692 sq. ft. of luxurious living in perfect condition. 5 bedrooms, 3 baths,…
  • Derrick plans second expansion in less than one year

    James Fink
    19 Dec 2014 | 9:54 am
    For the second time in less than one year, the Derrick Corp. is planning an expansion of its Cheektowaga operations. In its latest expansion proposal, the company wants to add nearly 5,500-square-feet to its testing center. The $1.1 million project will be subject of a Dec. 29 public hearing, set by the Erie County Industrial Development Agency. The ECIDA is offering sales tax breaks for the project and its full board is expected to vote on the incentive package when it meets in January. The expansion…
  • YMCA delays Niagara Falls site closing, for now

    Tracey Drury
    19 Dec 2014 | 9:25 am
    The YMCA Buffalo Niagara is not yet ready to close the doors on its Niagara Falls branch. Last spring agency officials said the aging site on Portage Road would likely close by January, following a strategic study that determined the branch facility was financially unsustainable. Olin "Buddy" Campbell, CEO, said Friday plans still call for closing the facility soon, but not quite yet. "We're winding down but we've got to go through some processes still get to where we need to be," he said. Already,…
  • More of the same in ‘15 for employee benefits

    Michael Petro
    19 Dec 2014 | 9:17 am
    It used to be that there were robust changes in the employee benefits statute nearly every year, according to Phillips Lytle partner David Kernan. But for nearly a decade, the years have gone by without much legislative change. Expect more of the same in 2015, he said. "As far as new legislation is concerned, there's really not any," said Kernan, a 30-year attorney who concentrates on federal and state taxation, employee benefits, executive compensation and tax-exempt organizations. "We have been…
  • Next UB football coach tries for another national title

    Dan Miner
    19 Dec 2014 | 9:15 am
    Want a preview on the University at Buffalo's new head football coach? Check out ESPNU at 7 p.m. Friday night for the Amos Alonzo Stagg Bowl, the Division III national championship. Lance Leipold, who is prepared to take over as permanent coach of the UB Bulls, will try for one last national championship at Wisconsin-Whitewater. He's already won five of them. Leipold's 14-0 squad will take on another undefeated powerhouse — Mount Union of Ohio, which got to the Stagg Bowl by trouncing Wesley,…
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    Charlotte Business News - Local Charlotte News | Charlotte Business Journal

  • EPA says coal ash will not be regulated as a hazardous waste

    John Downey
    19 Dec 2014 | 2:28 pm
    The Environmental Protection Agency will regulate coal ash as a solid waste rather than as a hazardous waste. The long-awaited rule disappoints some environmental groups but leaves the way open for the reuse of ash in industrial products such as cement and gypsum board. Charlotte-based Duke Energy (NYSE:DUK), which is under a legal mandate to clean up the ash in 32 ponds across North Carolina, was noncommittal. "EPA's new coal combustion residuals ("coal ash") rule is lengthy and complex, requiring…
  • Top Stories of 2014: Concord gets charge from battery plant

    Steve Cranford
    19 Dec 2014 | 11:55 am
    Concord can breathe easier now that a massive and empty cigarette plant has found a new tenant. The former Philip Morris plant, which had employed thousands to make Marlboros until 2009, is entering a new era as the manufacturing base of Alevo Group's grid-management products. The company will make large batteries that release stored energy into the electrical grid. The business will be essentially a subscription service. It will offer utilities and governments a package of programs for energy storage,…
  • Charlotte CEOs 'more optimistic' about 2015 economic growth

    Adam O'Daniel
    19 Dec 2014 | 11:49 am
    For years, the Charlotte Chamber's annual economic forecast luncheon has delivered the same theme: Expect another year of slow, unimpressive growth. Not this year. Some of Charlotte's top-ranking corporate executives seemed to agree that 2015 looks better than recent years. Businesses are growing. Consumers are feeling better about spending. And uncertainty about regulation is more manageable than each previous year since 2010. "This year seems a bit different," said Jeffrey Lacker, president…
  • Chris Rock finds future NBA star in Charlotte

    Erik Spanberg
    19 Dec 2014 | 9:12 am
    Comedian and actor Chris Rock, a devoted NBA fan and the voice of Nike basketball shoe ads in the mid-1990s, told ESPN this week that he had a chance to scout Stephen Curry long before the rest of the basketball world. Rock, during an interview on The B.S. Report, a popular podcast hosted by ESPN's Bill Simmons, recalled meeting the current Golden State Warriors star and Charlotte native many years ago. At the time, Rock said, he was on tour and came to Charlotte, where he spent some time with Dell…
  • N.C. unemployment falls to 5.8%

    David Harris
    19 Dec 2014 | 8:56 am
    North Carolina's seasonally adjusted unemployment rate was 5.8 percent in November, dropping from 6.3 percent in October, according to data released Friday by the N.C. Department of Commerce. A year ago, North Carolina's jobless rate was 7.2 percent, the department noted. The number of persons employed statewide increased by 9,964 in November to a total of 4.36 million individuals in the North Carolina labor force. The N.C. industry sector that saw the largest job gain during the month was professional…
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    Cincinnati Business News - Local Cincinnati News | Business Courier of Cincinnati

  • ​EXCLUSIVE: Former Metro CEO paid hundreds of thousands in severance agreement

    Chris Wetterich
    19 Dec 2014 | 11:59 am
    The Southwest Ohio Regional Transit Authority will pay its former CEO more than $200,000 in severance under an agreement it struck with her after she resigned from the agency in July, the Courier has learned. Terry Garcia Crews will receive $210,798, and SORTA will pay for most of her health and dental insurance premium under the agreement, which says it "is a compromise of a disputed claim." Crews received half of the money after the agreement was signed and is set to get the other half between…
  • Cincinnatian Hotel loses its executive chef

    Tom Demeropolis
    19 Dec 2014 | 11:54 am
    After less than a year as the executive chef at the Cincinnatian Hotel and Palace restaurant, Joe West is moving on. West, a Kansas City native, joined the Cincinnatian in January. In a message posted on Facebook, West said he is moving back to Kansas City. "Thank you, Cincinnati, for making this fat kid feel at home. I know my stay here was way too short, and I wish I could have had a better run here but I'm running out of time. I got to do what I got to do. Thank you to all of the chef friends…
  • Allegiant adds even more flights from CVG Airport

    Lisa Benson
    19 Dec 2014 | 11:49 am
    Allegiant Travel Co. is beefing up its offerings from the Cincinnati/Northern Kentucky International Airport to a popular vacation destination. Starting in May, the low-cost carrier will grow its service to Orlando/Sanford, Fla. to nine weekly flights and to Punta Gorda, Fla. to eight weekly flights. CVG Airport CEO Candace McGraw said the addition of seven weekly flights from the airport will add more than 2,300 seats in and out of the local airport weekly. "We are proud Allegiant is expanding…
  • ​Cincinnati's new parking meters installed, hours extended starting Jan. 2

    Chris Wetterich
    19 Dec 2014 | 11:41 am
    The city of Cincinnati is installing new smart meters in Over-the-Rhine that take credit cards in time for new rates and hours to go into effect Jan. 2. The hours motorists will have to pay parking meters in downtown and OTR will run from 9 a.m. to 9 p.m. Monday through Saturday and 2 p.m. to 9 p.m. on Sunday. Parking meters in OTR will increase from 50 cents an hour to $1 an hour. Rates downtown will remain $2 an hour for now. By mid-January, neighborhood districts, including Clifton, Hyde Park,…
  • Mystery solved: The Beat is coming to Cincinnati, but not on 102.7-FM

    Andy Brownfield
    19 Dec 2014 | 11:27 am
    Last week we reported that WEBN parents iHeartMedia registered a website for a new radio station they were calling 102.7 The Beat, which would play classic hip-hop and R&B. Soon after I started making calls, the website was taken down. The website for 102.7 The Beat was nearly identical to a sister website for Toledo's 94.9 The Beat. IHeartMedia, formerly Clear Channel Communications, declined to comment. That left us with more questions than answers: What was The Beat Cincy? What was happening…
 
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    Columbus Business News - Local Columbus News | Business First of Columbus

  • Peeing on Mars: OU wastewater treatment invention a finalist for space mission

    Carrie Ghose
    19 Dec 2014 | 12:11 pm
    Ohio University wastewater technology that converts urine to clean water and hydrogen fuel has a shot at going to Mars, but the more-immediate destination is military bases, sewage treatment plants and diesel truck exhaust systems. GreenBox is one of 10 university projects named as finalists to send a research payload on the privately funded Mars One space flight in 2018. The winner will be determined by popular vote. OU has set up a resource for how to vote here, which includes sending a tweet…
  • EXCLUSIVE: Aladdin Shrine moving to Grove City as it exits Easton

    Brian R. Ball
    19 Dec 2014 | 11:27 am
    The Aladdin Shrine Event & Conference Center has bought land in Grove City for a relocation and expansion next fall. Public records show Aladdin Shriners Holdings Corp. paid $3.6 million this week for the Grand Oaks Event & Business Center at 1801 Gateway Circle. It also bought an adjoining 5.1-acre parcel for $370,400 and paid $150,400 for another one that's 1.1 acres. As we first reported about this time last year, the Shriners need to move because they sold their long-time home at 3850 Stelzer…
  • Nationwide Children’s gene therapy lands TechColumbus investment

    Carrie Ghose
    19 Dec 2014 | 10:43 am
    Gene therapy developed at Nationwide Children's Hospital that has shown early promise in improving muscle strength in children with a form of muscular dystrophy is headed into more clinical trials, bolstered by investments over the past two months from muscular dystrophy foundations and TechColumbus. Milo Biotechnology Inc. in 2012 became the first spinout from the Center for Gene Therapy at the Columbus hospital's Research Institute. Two more got licensing deals last year. "We anticipate there…
  • White Castle ready to roll out Veggie Sliders

    Dan Eaton
    19 Dec 2014 | 9:28 am
    White Castle will help you eat your broccoli. The newest creation from the folks who gave fast-food fans sliders, chicken rings and the Surf & Turf is a Veggie Slider. And it's arriving earlier than expected. Columbus-based White Castle System Inc. had declared the meatless creation would hit menus in 2015. It'll beat that projection by two days – the sandwich will be on menus Dec. 30. Word leaked out this fall about the veggie testing in New York and New Jersey. Spokesman Jamie Richardson told…
  • Top of the List: Central Ohio’s top home mortgage lenders

    Laura Newpoff
    19 Dec 2014 | 9:24 am
    Rising interest rates and surging home prices took a toll on the mortgage lending industry in 2013. Market conditions caused companies like Wells Fargo (NYSE:WFC) to let go of thousands of employees who worked on home loans. In Central Ohio, the top five home mortgage lenders saw a decline in the number of mortgages closed from 2012 to 2013, with one posting a 62.2 percent drop. We recently published a list of the area's top home mortgage lenders, ranked by local mortgage loans closed at area offices.…
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    Dallas Business News - Local Dallas News | Dallas Business Journal

  • From Golden State to Lone Star State: Here's how California firms are faring after relocating to Texas

    Paul O'Donnell
    19 Dec 2014 | 12:33 pm
    Our affiliated publication, the Sacramento Business Journal, set out to discover what California companies experience when they make the big move from the Pacific Coast to the American Prairie. Staff Writer Allen Young's introductory paragraph in his subscriber content story takes away all of the suspense: Here's a rude shock for anyone who thinks companies might regret moving from California to Texas: They don't. Young interviewed a handful of Californians who made the move, including executives…
  • How the living space at 500 S. Ervay will cater to entrepreneurs

    Danielle Abril
    19 Dec 2014 | 12:16 pm
    In his attempts to build an entrepreneurial ecosystem in downtown Dallas, San Francisco developer Mike Sarimsakci believes providing living space is integral to the plan. So similar to his plans at Alto 211, the creative office space he calls the "Tech Mecca," Sarimsakci will provide modern living space with flexible lease terms at his residential project at 500 S. Ervay. Also just like Alto 211, tenants don't have to provide a personal guarantee to occupy space, allowing them to move if their venture…
  • Tim Headington-inspired Highland Park mansion sells for $5.7M in bolstered luxury market

    Candace Carlisle
    19 Dec 2014 | 12:07 pm
    As one of a flurry of $5 million-and-up deals in Highland Park, the luxury mansion once built for the oil tycoon Tim Headington has sold for $5.7 million. The deal is a significant one, with the property at 4236 Lorraine Ave. selling as part of a market frenzy for luxury real estate in Highland Park, said Caroline Summers, a Realtor with Briggs Freeman Sotheby's International Realty, who represented the seller, Albert Hill. "Since the beginning of November, I've been involved in three $5 million+…
  • Texas to get $1.06 million as part of $90M T-Mobile settlement

    Mike W. Thomas
    19 Dec 2014 | 11:38 am
    The State of Texas will receive $1.06 million as its part of a $90 million legal settlement with T-Mobile USA Inc. over alleged cellphone cramming practices. T-Mobile agreed to settle claims that it placed unauthorized third-party charges on mobile phone accounts. The practice of cramming occurs when third-party content providers enroll and bill mobile phone customers for services without their knowledge or consent. As part of the settlement, T-Mobile has agreed to no longer bill for third-party…
  • Dallas company muscles into Seattle's Capitol Hill apartment development scrum

    Marc Stiles
    19 Dec 2014 | 10:38 am
    Don't mess with Texas, the saying goes. On Seattle's Capitol Hill, a Dallas apartment development company isn't messing around. On Monday, Mill Creek Residential, which has a Bellevue office, not only bought a large property but started building a six-story apartment project on the land at 1427 11th Ave., next to the Wildrose bar, a neighborhood institution, and across the street from the new Chophouse Row mixed-use office project. The 135-unit apartment project, which is called Modera Capitol…
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    Dayton Business News - Local Dayton News | Dayton Business Journal

  • Clayton country club to become public golf course

    Joe Cogliano
    19 Dec 2014 | 1:56 pm
    Local golfers will have another option in 2015. Meadowbrook Country Club has been donated to the city of Clayton and it will likely become a public course when the new season starts. The club's owner — businessman Larry Harris, who owns Harco Manufacturing — donated the 171-acre property this week to the city. An environmental study and some legal paperwork still has to be done before Clayton takes possession of Meadowbrook, said Rick Rose, Clayton City Manager. "We've run the numbers...…
  • Air Force taps Beavercreek firm for $1.5M research effort

    Joe Cogliano
    19 Dec 2014 | 1:21 pm
    UES Inc. has won a $1.5 military contract to advance an electrical system generation technology that can be added to future aerospace systems. Air Force Research Laboratory awarded the contract to the Beavercreek-based company to boost performance of the dual-mode electrical accumulator unit, an electrical component. The work will be done under the Air Force's Small Business Innovation Research program. Through a previous SBIR contract, UES demonstrated the unit has promise. AFRL is headquartered…
  • CareSource makes first-of-its-kind $250K donation to March of Dimes

    Tristan Navera
    19 Dec 2014 | 12:30 pm
    In a new shift in philanthropic efforts, CareSource is donating a quarter-million dollars to fight infant mortality. The Dayton-based Medicaid managed care plan company donated $250,000 Friday to the March of Dimes. With the funding, the group hopes that several medical schools and hospital groups in the state will be able to conduct research on causes and prevention for premature childbirth. The 2-year grant funds the March of Dimes Prematurity Research Center Ohio Collaborative, which will be…
  • Dayton International Airport continues yearlong traffic dip

    Tristan Navera
    19 Dec 2014 | 12:23 pm
    Traffic at Dayton International Airport continued a yearlong dip in November. The city-owned airport posted an 8 percent decline in passengers for November, with 85,800 passengers during the month. The airport is set to finish out the year with about an 8.5 percent decline, with nearly 100,000 fewer passengers having moved through the airport in the first 11 months of 2014 compared to a year prior. Double-digit declines in traffic from what were formerly the three busiest air carriers at the airport…
  • Colleen Ryan shares her journey to Dayton

    Olivia Barrow
    19 Dec 2014 | 12:19 pm
    When the Air Force told Colleen Ryan her next assignment would be commanding Wright-Patterson Air Force Base, she called her mother in tears. "I thought, who did I piss off and why are they doing this to me?" said Ryan, now the president of Vectren Energy Delivery of Ohio. "But it turned out to be the best assignment I ever had." Ryan now owns a house in the Oregon District, has lived in Dayton longer than anywhere else in her life, and proudly calls the city home. Ryan, 54, is just one of many…
 
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    Denver Business News - Local Denver News | Denver Business Journal

  • Anschutz's Xanterra gets temporary contract to keep running Grand Canyon services

    Mark Harden
    19 Dec 2014 | 5:10 pm
    A looming showdown between Philip Anschutz's Colorado company that operates hotels and other visitor services at Grand Canyon National Park and the iconic park's administrators that could have led to the shutdown of some facilities has been postponed. But the larger issue of who will run the facilities long term is still unresolved. Greenwood Village-based Xanterra Parks & Resorts Inc. said Friday it has reached an agreement with the National Park Service to continue operating most facilities at…
  • Want to ban fracking? Be ready to pay up under Colorado Legislature bill

    Cathy Proctor
    19 Dec 2014 | 1:59 pm
    Counties that enact a ban on fracking would have to compensate the owners of mineral rights under a bill Rep. Perry Buck, R-Windsor, plans to introduce during the 2015 legislative session. Senator-elect Jerry Sonnenberg, R-Sterling, will sponsor the bill in the Senate, Buck said. "It's only fair, if you have an asset like mineral rights, that you're allowed to receive the value for it," Buck said. Last summer, Sonnenberg, as a state Representative, backed a ballot proposal called Initiative 121…
  • 4 Colorado ski bars are among top 10 in U.S. (Slideshow)

    Caitlin Hendee
    19 Dec 2014 | 1:10 pm
    There's nothing quite like tossing back a crisp craft brew with friends after a long day carving lines down the slopes. Seriously. The aprés-ski scene is just as important to resorts as the feet of snow piled up on the ground. Of the thousands of spots in the country where skiers can check in for a bite or beer with friends, four Colorado bars found a place on Foursquare's top 10 aprés-ski bars in the nation. Click the image above to view the top 10 aprés-ski bars in the country, according…
  • Greenbriar Plaza Shopping Center in Denver sells for $8.2 million

    Molly Armbrister
    19 Dec 2014 | 12:56 pm
    Greenbriar Plaza Shopping Center in Denver has sold for $8.2 million to a California-based investment company, JS Western Retail Investments. The shopping center encompasses 114,120-square-feet and is situated on nine acres from 7041 to 7181 Pecos St. It is fully occupied by tenants such as Family Dollar, Ace Hardware and Pizza Hut. "We liked this property as it suited our investment appetite to acquire well-located retail assets in growing markets in the Western States," said Scott Tiano, president…
  • Wells Fargo opens first new branch in metro Denver since 2009

    Heather Draper
    19 Dec 2014 | 12:51 pm
    Wells Fargo & Co. (NYSE: WFC) has opened a new branch in Highlands Ranch — its first new Colorado location since the Wells Fargo-Wachovia merger in 2009, the bank said in a statement Friday. The new store, at 8677 S. Quebec St., is a LEED-certified building using — among other things — sustainably grown, harvested and manufactured wood materials, low-toxic paints; and a light harvesting system that cuts energy use by automatically adjusting indoor lighting for maximum use of available daylight. "Our…
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    Greensboro Business News - Local Greensboro News | The Business Journal of the Greater Triad Area

  • Bank chairman to retire Dec. 31, transition to nonexecutive chairman

    Katie Arcieri
    19 Dec 2014 | 1:20 pm
    Danville-based American National Bankshares Inc. announced Friday that its executive chairman, Charles H. Majors, will retire from his role Dec. 31, and transition to nonexecutive chairman of the boards of both the bank and its parent company. Majors became president of American National Bankshares and American National Bank and Trust Co. in January 1993 and CEO of both entities in January 1994. During his tenure, American National's assets have increased from $240 million to $1.3 billion today…
  • Dollar General 'actively engaged' in talks with FTC to acquire Family Dollar

    Jennifer Thomas
    19 Dec 2014 | 11:44 am
    Dollar General Corp. says it remains "actively engaged" in discussions with the Federal Trade Commission tied to its efforts to acquire Family Dollar Stores Inc. Dollar General's statement comes just days in advance of a planned vote in which Family Dollar (NYSE: FDO) shareholders will decide whether to approve a pending $8.5 billion offer from Dollar Tree Inc. (NASDAQ: DLTR). The proposed Family Dollar-Dollar Tree deal was announced in late July. Since then, Dollar General (NYSE: DG) has come…
  • 2014 was the year for partnerships in the Triad health care industry

    Owen Covington
    19 Dec 2014 | 11:32 am
    There's no doubt that 2013 was the year for mergers in the Triad health care industry, with Alamance Regional Medical Center joining Greensboro's Cone Health, and High Point Regional Health becoming part of UNC Health Care. But while "merger" might have been the word of the year in 2013, this past year it was "partnership." The year saw more hospitals and health systems pairing up, entering joint ventures and leaning on one another while stopping short of consolidation. Health systems launched…
  • Survey finds holiday shoppers plan to spend more this year, but still waiting for deals

    Owen Covington
    19 Dec 2014 | 11:03 am
    Holiday shoppers plan to spend at least as much this holiday season as last, but are still scouting deals and relying on coupons to get the best price, according to a survey by Winston-Salem-based retail technology firm Inmar. As of Dec. 1 and 2, about 90 percent of the 520 shoppers surveyed had already begun their holiday shopping, with half of those planning to spend at least as much as last year, and 25 percent definitely planning to spend more. And they're savvy, cost-conscious buyers. Of those…
  • Duke Energy puts latest 20-megawatt solar project on line

    John Downey
    19 Dec 2014 | 10:48 am
    Duke Energy Renewables has closed its purchase of the 20-megawatt HXOap solar farm at the old Halifax County Airport, built by Charlotte-based Geenex Solar and ET Solar Energy Corp. The 100-acre project went on line this week, shortly after Duke completed the purchase. The Charlotte Business Journal reported on Duke Renewables' plan to buy the project in August. "ET Solar and Geenex have created a quality solar facility, and we are excited to add it to our more than 60-megawatts of successful operating…
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    Honolulu Business News - Local Honolulu News | Pacific Business News of Honolulu

  • Year in Review: Countdown of PBN's top Business Pulse surveys in 2014 - No. 10

    A. Kam Napier
    20 Dec 2014 | 8:00 am
    Our countdown of the top Business Pulse surveys of 2014 continues. Here's No. 10: 10. Should Hawaii replace Aloha Stadium, at a cost of $192 million? In late June, PBN reported on a New York consulting firm's suggestion to the state that it replace the aging Aloha Stadium with a smaller, modern facility, which it estimated would cost $192 million. Should we do so? Of the 710 readers who responded, 57 percent said no, 39 percent said yes. Speaking for the yes side, reader Michael Soucie of Kapolei,…
  • Hawaii Medical Service Association sets out make Hawaii a Blue Zone

    Lorin Eleni Gill
    19 Dec 2014 | 7:35 pm
    The Hawaii Medical Service Association is initiating a health and well-being project in Hawaii to inspire more healthy living choices as part of its ten-year agreement with Healthways. In 2005, National Geographic Explorer Dan Buettner started the Blue Zone Project after researching the links between demographics and longevity, and dubbed the areas with the longest life spans "Blue Zones" throughout the world, including places like Okinawa, Japan. HMSA, a newly designated Blue Zone Employer, is…
  • Waikiki Health will open second pharmacy by next year

    Lorin Eleni Gill
    19 Dec 2014 | 4:59 pm
    Local community health center Waikiki Health has received a license to operate its new pharmacy at the health center's clinic in Moiliili, and is set to open by Dec. 31. Waikiki Health opened the Makahiki Medical and Dental Clinic in February. Providing affordable medication was a natural next step, according to Tammy Kai, the pharmacy's director. The nonprofit considered contracting with nearby pharmacies, but ultimately chose to open one on location. "It started as an idea in July," Kai said.…
  • Travel Weekly honors Hawaii and Richard Kelley of Outrigger

    Jason Ubay
    19 Dec 2014 | 4:49 pm
    Travel Weekly magazine recently honored Dr. Richard R. Kelley, chairman emeritus of Outrigger Enterprises Inc., with its Lifetime Achievement Award. Kelley was presented with the award on Tuesday night at Travel Weekly's annual Readers' Choice Gala Awards Dinner at the Plaza Hotel in New York City. On the same night, it honored the winners of its 12th Annual Readers Choice Awards, and in the destination category named Hawaii the best U.S. state and Maui the best destination in Hawaii. The lifetime…
  • Hawaii's Mokulele Airlines offering same-day rush shipping service between Islands

    Jason Ubay
    19 Dec 2014 | 4:43 pm
    Mokulele Airlines now offers same-day rush shipping service for enveloped up to 5 pounds and boxes under 70 pounds to and from its 10 airport locations on Oahu, Maui, the Big Island, Lanai and Molokai. Customers can drop off a package at a Mokulele ticket counter, and it will be available for pickup at the destination airport a few hours later. The service, which launched on Monday, currently is available at Honolulu International Airport and Kalaeloa on Oahu, Kahului, Kapalua and Hana on Maui,…
 
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    Houston Business News - Local Houston News | Houston Business Journal

  • Court overturns ruling, allows $2B energy merger to move forward

    Olivia Pulsinelli
    19 Dec 2014 | 3:45 pm
    Houston-based C&J Energy Services Inc. (NYSE: CJES) said Dec. 19 it is free to move forward with its approximately $2 billion merger with production and completion businesses of Nabors Industries Inc. (NYSE: NBR). The Delaware Supreme Court overturned a ruling and court order that required C&J to seek competing proposals from other companies before closing the deal with Nabors. C&J is immediately terminating the solicitation of alternative proposals that it announced after the ruling. Got Energy?…
  • NYC's Halal Guys chain coming to Houston

    Rebecca Cooper
    19 Dec 2014 | 2:54 pm
    Coming soon to a Houston neighborhood near you: The Halal Guys, a kabob chain straight from the streets of New York City. The Halal Guys chain, which for years has only served food from a series of carts in midtown Manhattan, is expanding through franchises and plans to open as many as 10 stores in the Houston area. A new franchisee signed a deal to develop five locations in the area, representing half of the total available market, according to a press release. Neither the local franchisee nor…
  • Year in Review: Mattress Firm goes on buying spree

    Nora Olabi
    19 Dec 2014 | 12:51 pm
    Houston-based Mattress Firm Holding Corp. (NYSE: MFRM) has been making a big name for itself on the national mattress retail stage with its aggressive M&A strategy. All year, Mattress Firm has bought out competitors left and right, cornering new markets and expanding old ones, to become the largest U.S. mattress retailer. One of the biggest Deals of the Year in retail was the company's $425 million acquisition of major rival The Sleep Train Inc. in October to expand its West Coast presence. The…
  • Fewer homes underwater, but foreclosures rising in Houston

    Paul Takahashi
    19 Dec 2014 | 12:48 pm
    Houston has fewer homes underwater, but foreclosure filings are rising, according to two recent reports. The Bayou City has 68,222 homes underwater, meaning these homeowners owe more on their mortgage than their home is worth. About 7.4 percent of all Houston homeowners with a mortgage are underwater, according to the Seattle-based online real estate company (Nasdaq: Z). The negative equity rate in Houston is lower than the national average of 16.9 percent and has been declining since 2011, mirroring…
  • Headed west this summer? Southwest adds new seasonal flights from Houston

    Nicholas Sakelaris
    19 Dec 2014 | 12:42 pm
    Southwest Airlines Co. this week announced new seasonal routes from Houston's William P. Hobby Airport. Among several new summer flights nationwide June 7 are: Houston (Hobby) and Portland, Oregon: Once daily service Houston (Hobby) and Salt Lake City: Once on Saturdays Houston (Hobby) and Seattle/Tacoma: Twice daily service The season flights are effective beginning June 7. Also this week, Dallas-based Southwest (NYSE: LUV) added new nonstop routes throughout the country that will start operating…
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    Jacksonville Business News - Local Jacksonville News | Jacksonville Business Journal

  • Done deal? VA could finally have a contractor to help verify veteran-owned small businesses

    Jill R. Aitoro
    19 Dec 2014 | 11:56 am
    It appears the Department of Veterans Affairs will move forward with a new contract supporting its program for verifying veteran-owned small businesses, more than a year after the VA ended the old contract and following a number of bizarre delays spurred by legal and regulatory wrangling. The Small Business Administration has determined that Loch Harbour Group in Alexandria does indeed qualify to perform the work as a small business, according to the company's attorney in the matter. That determination…
  • Florida unemployment continues to tick down

    Alexa Epitropoulos
    19 Dec 2014 | 11:52 am
    After dipping down to 6 percent unemployment in late summer, the unemployment rate has declined again in Duval County in November. Jacksonville is situated below the national unemployment average, coming in at 5.5 percent unemployment. In addition, about 17,000 jobs were added in the metropolitan area. The big winner is the private sector, particularly professional and business services: The industry added 7,000 jobs last month. The leisure and hospitality industry was a distant second, adding…
  • New World of Beer coming to Jacksonville Beach

    Alexa Epitropoulos
    19 Dec 2014 | 11:45 am
    A second World of Beer is coming to Jacksonville Beach, marking the beer emporium's 29th location in Florida. The franchise, which started in Tampa and has 65 taverns across 19 states, will be located at 311 3rd St. North and will be housed in a 4,700-square-foot building. The new tavern will feature more than 50 rotating taps and 500 varieties of bottled beer, and will partner with area favorites like Engine 15 Brewing Co., Green Room Brewing, Intuition Ale Works, Aardwolf Brewing Company and…
  • New flights could create a "JetBlue Effect" in Jacksonville, driving prices down

    Jensen Werley
    19 Dec 2014 | 11:41 am
    With JetBlue's start of direct flights from Jacksonville International Airport to Washington D.C. — and flights from Jacksonville to Ft. Lauderdale announced earlier this year — some industry sources believe there is room for the "JetBlue Effect" to take place in Jacksonville. "The JetBlue Effect" is the phenomenon that takes place in some airports when JetBlue deems a city a market with potential. JetBlue adds flights, and the prices plummet. Its effect can be seen clearly in a market like…
  • Year in Review: The biggest banking news of the year

    19 Dec 2014 | 11:37 am
    In 2013, there were a handful of retail locations of JPMorgan Chase across the Jacksonville metro area. Twelve months later, there are 16, with more in the works for next year as the banking giant uses the area as an "early adopter market" for the rollout of its technologically advanced, sleekly designed new model branches. JPMorgan's ambitious penetration of Northeast Florida has undoubtedly been one of the bigger news stories in banking over the course of 2014 – mostly because of how it elevates…
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    Kansas City Business News - Local Kansas City News | Kansas City Business Journal

  • EDC Report: Streetcar linked to $609 million in development

    Austin Alonzo
    19 Dec 2014 | 2:35 pm
    The Kansas City downtown streetcar project is linked to more than $609 million in private development, according to a report commissioned by the Economic Development Corp. of Kansas City. The report, which was released to the EDC's Board of Directors on Friday, said $609.3 million in private development projects were linked to the Kansas City streetcar project. About 1,110 new jobs, with annual salaries between $51 million and $53 million, were linked to the project, as well. The report was based…
  • KC hospitals penalized for high rates of infection, injury

    Brianne Pfannenstiel
    19 Dec 2014 | 12:56 pm
    Ten Kansas City hospitals with high rates of infection and patient injury are facing payment cuts from the Centers for Medicare and Medicaid Services. As part of a program designed to reduce injuries and infections acquired by patients while they're in the hospital, CMS will dock 1 percent of its payments to hospitals with the highest rates of hospital-acquired conditions (HAC). The system gives each hospital a score from one to 10 and is based on rates of central line-associated bloodstream infections…
  • Kansas Citian makes list of 130 'women leaders to know'

    Leslie Collins
    19 Dec 2014 | 12:45 pm
    A Kansas Citian has earned a spot on the list of 130 women "leaders to know" in the U.S. hospital and health system. Becker's Hospital Review released the list and chose individuals who exemplified strong management and leadership skills. According to Becker's, the list includes "some of the largest and most prominent hospitals and health systems in the nation." FLASHBACK: Saint Luke's CEO discusses 'fundamental problem in health care' Among those listed was Melinda Estes, CEO of Saint Luke's…
  • Sprint network team meets 2014 goals, sets new targets

    Bobby Burch
    19 Dec 2014 | 12:10 pm
    As its parent company's engineers settle into homes throughout the metro area, Sprint Corp. says that its network is improving and that it's setting New Year's resolutions. Parent SoftBank Corp. sent about 100 network engineers to the area to help revamp Sprint's grid about a month ago. The extra hands seem to have helped because Sprint (NYSE: S) said it has met its 2014 goals. Among the goals were replacing its 3G, 1.9-gigahertz network; expanding HD voice nationwide; and reaching more than 100…
  • Exclusive: Missouri senator offers road map for I-70 tolling proposal

    Austin Alonzo
    19 Dec 2014 | 11:55 am
    Making Interstate 70 a toll road will not be easy, according to a top Missouri lawmaker. In an exclusive interview with the Kansas City Business Journal, State Sen. Mike Kehoe, R-Jefferson City, said a tolling proposal will likely require the General Assembly to pass a resolution granting the state's highway commission the authority to toll the interstate. Given the unpopularity of the idea, that might not be easy. Earlier in December, Gov. Jay Nixon asked the Missouri Highways and Transportation…
 
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    Los Angeles Business News - Local Los Angeles News | Los Angeles Business from bizjournals

  • Flick picks: ‘The Hobbit’ lumbers, ‘Mr. Turner’ glows through 2 1/2-hour runtimes

    Annlee Ellingson
    19 Dec 2014 | 2:14 pm
    In the conclusion to what has been a 13-year journey for moviegoers (16 years for the filmmakers), "The Hobbit: The Battle of the Five Armies" is the culmination of a series of films that peaked with the Oscar-winning "The Lord of the Rings: The Return of the King" in 2003. Unfortunately, a decade later, the final "Hobbit" movie demonstrates what has gone wrong with Peter Jackson's bloated follow-up trilogy, shoehorning scenes to set up the events of "The Lord of the Rings" 60 years hence into what's…
  • ​ProCon.org names Lincy Foundation's Rakow as CEO

    19 Dec 2014 | 1:06 pm
    ProCon.org, a nonprofit educational website that focuses controversial topics, has named Jay Rakow as its new chief executive, replacing founder Steven C. Markoff. ProCon.org, a Santa Monica-based nonpartisan group, said Rakow, who also has been elected to its board, previously was president of the Lincy Foundation, a charitable foundation created by industrialist Kirk Kerkorian. Under Rakow's stewardship, the foundation granted more than $600 million to charities before dissolving and transferring…
  • Minecraft billionaire buys Beverly Hills home for record $70M

    19 Dec 2014 | 1:03 pm
    Swedish billionaire Markus Persson, creator of the popular Minecraft game, outbid the likes of Beyonce and Jay Z to purchase a Beverly Hills mansion for $70 million. According to luxury residential brokerage John Aaroe Group, the sale -- which closed in a lightning-fast six days -- is the highest price ever paid for a home in Beverly Hills. Persson's purchase included everything in the house from luxury furnishings to exotic electronics such as an automated 54–foot curved glass door in the living…
  • UPDATED: Obama: Sony ‘made a mistake’ by pulling ‘The Interview’

    Annlee Ellingson
    19 Dec 2014 | 11:51 am
    The very first question from the news corps at President Obama's year-end press conference was about the cyber attack that has wracked Sony over the past several weeks and the studio's subsequent decision to cancel its Christmas Day release of "The Interview." "I think they made a mistake," the president said about Sony pulling the movie from theaters. Just this morning, the FBI confirmed that North Korea is behind the hack that has rocked Hollywood since Thanksgiving week. Obama reiterated these…
  • LA Airport commission OKs $4 bln train project

    19 Dec 2014 | 11:26 am
    The Los Angeles Board of Airport Commissioners has unanimously approved moving forward with a $4 billion project at Los Angeles International Airport that includes a people mover that would connect to the Metro light-rail line. The project will now undergo an environmental review process beginning in January, with construction expected to begin in 2017. The board, which oversees Los Angeles World Airports and LAX, said the plan includes a new automated LAX train that will connect passengers to…
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    Louisville Business News - Local Louisville News | Business First of Louisville

  • Now hiring: Walmart looking for 300 workers for Shepherdsville store

    Carolyn Tribble Greer
    19 Dec 2014 | 2:44 pm
    Wal-mart Stores Inc. has begun accepting applications for its new store in Shepherdsville. The company plans to hire about 300 people to work at the store, which is slated to open in this spring, according to a news release. WDRB-TV reported in June that the store is Bullitt County's first and will be located on Conestoga Parkway. The store will be about 180,000 square feet and will have a fuel center, according to the report. Most of the new hires will begin working in January to prepare the…
  • Restaurant, store owners see varying impacts from minimum wage increase

    Caitlin Bowling
    19 Dec 2014 | 1:55 pm
    The Louisville Metro Council voted to raise the minimum wage in the city to $9 an hour, and store and restaurant owners have been weighing the impact the decision could have on their businesses. "As far as our business is concerned, it is not going to be a huge impact on our bottom line," said Greg Scheller, who owns Scheller Fitness and Cycling with his brothers, Tim Scheller and Marty Scheller. The Louisville-based company has two stores in Louisville and one each in Lexington, Ky., Clarksville…
  • UPS's growing supply chain division has expanded into Shepherdsville

    David A. Mann
    19 Dec 2014 | 1:43 pm
    Atlanta-based United Parcel Service Inc. (NYSE: UPS) has opened space in the Cedar Grove Business Park in Shepherdsville. The company issued a news release earlier this week that made note of the facility as one of four new Supply Chain Solutions Center openings in North America. Supply Chain Solutions is UPS' warehousing and distribution business. Its clients in the Louisville area include Sprint Corp., Toshiba Corp. and Merck & Co. Justin Luther, a company spokesman, told me in an email that…
  • Churchill Downs puts a new guy in the announcer's booth

    Marty Finley
    19 Dec 2014 | 12:06 pm
    Churchill Downs Racetrack has named its latest track announcer. Travis Stone, a former race announcer at Monmouth Park Racetrack in New Jersey and backup announcer at the New York Racing Association this winter, will man the announcing booth for the racetrack and voice the Kentucky Derby, according to a news release. Stone, 30, will take over when racing returns at the 2015 Spring Meet in April. He is the eighth announcer in Churchill Downs history and replaces Larry Collmus, who left the racetrack…
  • Former U of L executive pleads guilty to tax fraud, embezzlement

    Carolyn Tribble Greer
    19 Dec 2014 | 11:56 am
    The former executive director of the Department of Family and Geriatric Medicine at the University of Louisville School of Medicine has pleaded guilty in U.S. District Court to a seven count federal indictment, including charges of theft, bribery, money laundering, mail fraud and filing false federal income tax returns. According to a news release from Acting U.S. Attorney John E. Kuhn Jr., Perry Chadwick Vaughn admitted to diverting contractual checks and patient payments to the University Family…
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    Memphis Business News - Local Memphis News | Memphis Business Journal

  • Caesars operating unit to file bankruptcy

    Terry Hollahan
    19 Dec 2014 | 2:59 pm
    The main operating unit of Caesars Entertainment Corp., Caesars Entertainment Operating Co., will file for Chapter 11 bankruptcy protection by next month, according to a Reuters report. The action does not affect Caesars Entertainment Resort Properties, Caesars Growth Partners or Caesars Entertainment, which owns and operates Horseshoe and Tunica Roadhouse casinos in Tunica, Mississippi. The bankruptcy filing will reduce Caesars Entertainment Operating Co.'s debt from about $18.4 billion to $8.6…
  • H&M confirms Collierville location

    Ed Arnold
    19 Dec 2014 | 1:40 pm
    Earlier this week, Memphis Business Journal was the first local source to report on a possible new H&M location in the Memphis market. Today, the clothing retailer confirmed it. In a news release, H&M confirmed it would be opening a new, 20,000-square-foot location in Carriage Crossing mall in Collierville. The store is scheduled to open in the fall of 2015. The news for Memphis retail has been fast and furious this week. Ikea announced its plans to build a Memphis location on Tuesday.
  • Golden Moon owners hope to buck casino trend

    Michael Sheffield
    19 Dec 2014 | 12:59 pm
    The owners of Golden Moon Hotel and Casino are taking a gamble of their own, with a $70 renovation of the property. But they're confident they'll win. More than two years after taking over the property, Pearl River Resort is reopening its Philadelphia, Mississippi-based casino full time Jan. 31. It has been open on weekends only since 2009. In addition to renovating all 571 of the hotel rooms on the property, gaming floor renovations will also add 1,150 slot machines, 25 table games and an elevated…
  • Home Depot data breach cost community banks $90M

    Phil W. Hudson
    19 Dec 2014 | 11:56 am
    The nation's community banks reissued nearly 7.5 million credit and debit cards --costing more than $90 million -- as a result of The Home Depot Inc.'s (NYSE: HD) data breach, the Independent Community Bankers of America (ICBA) reported. Additionally, ICBA reported that more than 4 percent of community banks it surveyed reported fraud on accounts that were compromised by the April-September breach. This number would have been higher had community banks not reissued cards as quickly as they did. "Community…
  • These airlines lose your luggage the most

    Mike English
    19 Dec 2014 | 11:51 am
    Ever wonder which airlines are the most likely to lose your luggage? Some get you to your destination without your suitcase more than others, according to a report in the Washington Post. The U.S. Department of Transportation keeps track of the number of mishandled bagged reports, which includes "lost, damaged, delayed or pilfered baggage." And there are plenty. In the first nine months of 2014, there were more than 1.6 million cases filed, according to records. And that's but a mere glimpse of…
 
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    Milwaukee Business News - Local Milwaukee News | The Business Journal of Milwaukee

  • Urban Om opens with the New Year on Milwaukee’s east side

    Alison Bauter
    19 Dec 2014 | 12:44 pm
    New yoga studio Urban Om opens Jan. 5 near Whole Foods on Milwaukee's east side, with hopes to build what its co-owners call a "yoga community." Kelsey Weaver, 26, and Jozi Tatham, 30, have taught classes at various studios around town. "We both had been wanting to open a studio at some point in our lives, and it just happened to work out that our visions were the same, and we found the space," Weaver said. Urban Om will offer all levels of classes, Weaver said. Their style is Vinyasa flow yoga,…
  • Milwaukee's WCGV-TV 'My 24' adds Badgers hockey, UWM Panthers hoops games

    Rich Kirchen
    19 Dec 2014 | 12:41 pm
    Milwaukee television station WCGV-TV ("MY 24") has expanded its sports programming with University of Wisconsin Badgers hockey and Horizon League college basketball including two UW-Milwaukee games. The games are courtesy of station owner Sinclair Broadcast Group's new American Sports Network that launched this fall. The remaining Badger hockey games will run Feb. 7, 2015, vs. Penn State, Feb. 14 vs. Ohio State and March 13 vs. Ohio State. The UWM Panthers men's basketball games will air Jan. 4,…
  • Milwaukee archdiocese reaches $2.3M settlement with insurers; half proposed for abuse victims

    Rich Kirchen
    19 Dec 2014 | 8:56 am
    The Roman Catholic Archdiocese of Milwaukee has reached a $2.3 million settlement with insurers in the archdiocese bankruptcy case, and half of that amount would go to a proposed settlement of allegations of clergy sexual abuse. The latest settlement would bring to $5.15 million the total amount available to people who have sought compensation. The new settlement figure was included in a motion filed Wednesday and is subject to approval by U.S. Bankruptcy Court Judge Susan Kelley in Milwaukee. "Our…
  • Zeon Solutions acquired for $35.7M

    Alison Bauter
    19 Dec 2014 | 8:48 am
    Milwaukee's Zeon Solutions Inc. is en route to acquisition, bought by a St. Louis-based IT services provider in a cash and stock deal worth $35.7 million. St. Louis-based Perficient said Thursday Zeon has agreed to the acquisition, which includes its Ann Arbor, Mich.-based subsidiary, Grand River Interactive LLC, and an Indian affiliate that are collectively called Zeon Solutions. Zeon, a $23 million annual services revenue business and IT consulting firm, specializes in the development, implementation,…
  • Filmmaker Jack Turner: Lack of tax incentives hurts Milwaukee film industry

    Mark Sabljak
    19 Dec 2014 | 8:27 am
    Jack Turner might be considered one of the godfathers of Milwaukee's film industry. Raised in the Milwaukee area, and involved with dozens of award-nominated films, he has frequently returned from offices on the East Coast and West Coast to provide guidance and recently produced an ESPN "30 for 30" film on the MECCA floor once used in the downtown arena. And while Turner would like to see Milwaukee's film industry able to work within the region, he said that without some help through tax incentives,…
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    Minneapolis Business News - Local Minneapolis News | The Minneapolis / St Paul Business Journal

  • Hundreds of civil rights protesters jam Mall of America rotunda (Photos)

    Jim Hammerand
    20 Dec 2014 | 1:33 pm
    Hundreds of civil rights protesters shut down the east side of the Mall of America Saturday afternoon on the final shopping weekend before Christmas. The same organizers that led a march from South Minneapolis to City Hall on Interstate 35W as part of nationwide demonstrations against police treatment of black citizens had more than 3,000 people sign up on Facebook to attend the Bloomington megamall the protest. RELATED: Mall of America tells protesters to stay out A crowd of what appeared to…
  • Table Trac CEO quits; CFO gets top spot

    Jim Hammerand
    19 Dec 2014 | 2:42 pm
    The CEO of Minnetonka-based casino-systems maker Table Trac has resigned, the company said in a news release Friday. Glenn Goulet resigned Dec. 15. He was named chief executive in 2011. The company did not give a reason for his departure and could not be reached for more information. Table Trac's board promoted Chief Financial Officer Brian Hinchley to CEO. "Table Trac has a strong management team and an experienced board," founder and President Chad Hoehne said in a statement. "As we go into…
  • Minnesota Credit Union Network CEO named chairman of national PAC

    Katharine Grayson
    19 Dec 2014 | 12:57 pm
    Mark Cummins, president and CEO of the Minnesota Credit Union Network, has been named chairman of a national political action committee that lobbies on behalf of credit unions. The Minnesota Credit Union Network (MnCUN) announced Cummins' appointment as chair of the Credit Union Legislative Action Council (CULAC) on Friday. The political action committee represents the Credit Union National Association, a trade group based in Madison, Wis. "The work CULAC does to support credit union-friendly federal…
  • Retiring Xcel exec David Sparby applies to lead Metropolitan Council

    Sam Black
    19 Dec 2014 | 12:56 pm
    David Sparby, the regional CEO of Xcel Energy, is one of five people who have applied to become chair of the Metropolitan Council planning and transportation agency. Sparby, 60, announced in November that he would retire after 33 years at Xcel (NYSE: XCL). He spent the past year-and-a-half as the CEO of Northern States Power Co., Xcel's Minnesota division. Gov. Mark Dayton is expected to make an appointment for the position in early January. The Minnesota Senate must confirm the appointment. "I…
  • RANKED: The fastest and slowest Twin Cities ERs (Photos)

    Katharine Grayson
    19 Dec 2014 | 12:48 pm
    The average wait for emergency room care in Minnesota is 31 minutes, but patients may spend a lot less — or more — time than that depending on which hospital they visit. At Buffalo Hospital, for instance, patients wait an average of just seven minutes to see an ER doctor, according to an analysis by ProPublica, a nonprofit news organization with an emphasis on investigative journalism. Meanwhile, at St. John's Hospital in Maplewood, patients will spend an average of 50 minutes — the longest…
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    Nashville Business News - Local Nashville News | The Nashville Business Journal

  • Metro cements incentives for Bridgestone's downtown headquarters

    Adam Sichko
    19 Dec 2014 | 12:59 pm
    Right before Christmas, Nashville's Metro government finished approving its share of a roughly $100 million incentives deal that motivated Bridgestone to keep its U.S. headquarters in town. Bridgestone Americas already employs 1,112 people at headquarters along Briley Parkway, near Nashville International Airport. In one of this year's signature economic development moves, Bridgestone is moving six miles to SoBro, landing on a corner of Fourth Avenue South and Demonbreun Street. As part of the…
  • What I learned about Lee Beaman, 2014's Newsmaker of the Year

    Adam Sichko
    19 Dec 2014 | 12:51 pm
    Lee Beaman gave me nearly three hours of his time, over three interviews, for the profile of him as 2014's Newsmaker of the Year (as seen in our Dec. 19 print edition). When you spend that much time with someone, you can cover a lot of ground. And that means there's an awful lot of great info that must be squeezed out of the final story. This post isn't mean to be all that serious, really. I'm not trying to rehash the meat of that profile, or delve into a postmortem on the Amp. I just thought it'd…
  • Iroquois Capital Group launches next venture

    Scott Harrison
    19 Dec 2014 | 12:38 pm
    Another business line has been born at Iroquois Capital Group. The venture is in an entirely new – and highly competitive – space for the Nashville finance company, which has started a string of portfolio companies in recent years: Electronic payment processing. Iroquois plans to fully roll out its new company, Iroquois Merchant Services, in January, Daniel McGugin, president of IMS and managing director at Iroquois Capital, told me this week. It will be Iroquois' ninth portfolio company, and…
  • Slideshow: NBJ's photos of the year

    Nathan Morgan
    19 Dec 2014 | 11:46 am
    Some of these photos you may have seen before on our website, some in my weekly photo feature on Page 3 of our print edition or on my Instagram account. Several, however, are being published for the first time. That's not as earth shattering as I just made it sound, but this collection is everything but a "quick photo." Getting feedback from others in our editorial department to make my edits, these are some of the most compelling photos I made this year in an effort to capture you and your surrounding…
  • Why Rockbridge Capital sees opportunity to turn Noel Place into a four-star independent hotel

    E.J. Boyer
    19 Dec 2014 | 10:37 am
    An 80-room Le Meridien Hotel, which is under the Starwood Hotels & Resorts flag, is not headed for the Noel Place building located at 4th Ave and Church St., contrary to what previous reports have indicated. Rockbridge Capital, the Ohio-based private equity firm and the owner of Noel Place, has plans to renovate the property into a 165-room, four-star independent hotel, name forthcoming. "I'm not sure where the Le Meridien came from, that is not the direction we are going with the hotel," said…
 
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    Orlando Business News - Local Orlando News | The Orlando Business Journal

  • City completes new $9M traffic improvements on north I-Drive

    Richard Bilbao
    19 Dec 2014 | 1:46 pm
    North International Drive should run smoother – well, at least when the holidays end — now that the city has capped off work on improvements to alleviate the traffic congestion. On Dec. 18, the city held an event to commemorate the end of a $9 million transportation project started back in July 2013 that adds exclusive lanes for buses and right turns, new bike lanes, a 10-foot sidewalk and new streetscaping. The 1.5-mile stretch of International Drive from Universal Boulevard to Oak Ridge Road…
  • Raleigh engineering firm S&ME to acquire Littlejohn

    Amanda Jones Hoyle
    19 Dec 2014 | 1:30 pm
    One of Raleigh, N.C.'s largest engineering consulting firms, S&ME Inc., announced that it will be acquiring the Littlejohn planning and design firm in a deal that will rank the combined company among the 100 largest design firms in the country. Terms of the deal were not disclosed, but the merger of operations between S&ME and Nashville-based Littlejohn will create a company with more than 1,100 employees at about 30 office locations, including its office in Orlando. As part of the acquisition,…
  • Trader Joe’s, Unicorp restaurant in Dr. Phillips on track for 1Q opening

    Anjali Fluker
    19 Dec 2014 | 12:49 pm
    Never fear, Trader Joe's fans: Orlando's store No. 2 is headed for a first-quarter opening. The niche grocery store under construction in Dr. Phillips, which originally was slated for an opening by year's end, is now targeting early 2015 for its grand opening at the $12 million Parkside at Dr. Phillips retail complex on Sand Lake Road. The project is expected to create 300 jobs. Along with that, a new independent restaurant that will be owned and operated by Parkside's developer, Orlando-based…
  • Skyplex developer buys 7 extra Perkins sites just to get one on I-Drive

    Anjali Fluker
    19 Dec 2014 | 11:46 am
    The Perkins restaurant on Sand Lake Road and International Drive is now part of the $250 million Skyplex development — and seven other Perkins restaurants in the Sunshine State came along with the deal. Skyplex developer Wallack Holdings LLC bought an eight-restaurant portfolio of Perkins restaurants for $29 million from General Electric in an effort to secure just one site at 6813 W. Sand Lake Road in Orlando, to include in the Skyplex entertainment and retail development. The firm's related…
  • Orlando Tree Trek Adventure Park opening in Kissimmee

    Cindy Barth
    19 Dec 2014 | 11:45 am
    A new aerial adventure course is opening in Kissimmee on Dec. 20, near Walt Disney World. Orlando Tree Trek Adventure Park will include six coded courses, each with obstacles for kids and adults. The obstacles include Tarzan-like swings, ladders, suspended bridges, scramble nets, swinging logs, surf boards and more. Altogether, the park has 97 games or elements for the various challenge levels. According to a release, the highlight of the course is a pair of giant 425-foot ziplines that take you…
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    Philadelphia Business News - Local Philadelphia News | The Philadelphia Business Journal

  • Why Pope Francis' visit should inspire Philadelphia business leaders

    Steven Krupp and Paul J.H. Schoemaker
    19 Dec 2014 | 8:09 am
    In a recent forum on strategic thinking at Philadelphia's Barnes Foundation, executives lamented that today's organizations don't have enough leaders who do well in times of change and ambiguity. One participant said, "We want our people to think strategically, but we don't have a definition of what that means in practice." Another remarked, "You know it when you see it [strategic leadership], but it's not clear how to develop it." With the recent announcement of Pope Francis' visit to Philadelphia…
  • Inovio begins human testing of cancer therapy

    John George
    19 Dec 2014 | 8:00 am
    Inovio Pharmaceuticals Inc. initiated a phase-I clinical trial this week of its DNA-based immunotherapy in cancer patients. Phase-I studies are the first time a new drug candidate is tested in humans. Inovio (NASDAQ: INO) of Plymouth Meeting, Pa., is testing its new drug candidate, called INO-1400, in adults with breast, lung, or pancreatic cancer at high risk of relapse after surgery and other cancer treatments. The company expects to enroll 54 subjects who will receive INO-1400 alone or in combination…
  • Blatstein appeals second casino license award

    Francis Hilario
    19 Dec 2014 | 7:32 am
    The operators behind the proposed Provence Resort & Casino have filed documents to appeal the decision to award Philadelphia's final casino license. Tower Entertainment is appealing the Pennsylvania Gaming Control Board's decision to award the city's second and final casino license to Live! Hotel and Casino owned by Stadium Casino, a joint venture between Cordish Cos. and Greenwood Gaming and Entertainment Inc. (owner of Parx Casino). The basis for the appeal are as follows: Pennsylvania's gaming…
  • 5 things to know today (12-19)

    Jared Shelly
    19 Dec 2014 | 5:54 am
    Here's what's happening today: 1. Lyft(a ride-sharing company) has been approved in Pennsylvania, but not Philadelphia. If it sounds familiar, UberX is facing a similar fate. 2. Philadelphia Union soccer to join the Phillies at spring training in Clearwater. 3. A local whistleblower talks about defense contractor's fraud. 4. Whole Foods, Wegmans, Acme local stores sued over claim of "fresh baked" goods. 5. Five notable Series B financing efforts from 2014. WEATHER: Mostly sunny. High 40. Low…
  • Wolf discusses bleak financial state of Pennsylvania

    Edward deSciora
    19 Dec 2014 | 5:33 am
    Believing he is inheriting a debt of $2 billion, incoming Governor Tom Wolf presented a frank but hopeful financial picture of the commonwealth. In a game of political fingerpointing, Wolf blames the state's budgetary deficit on the Corbett Administration's reliance on non-recurring revenues. Tom Corbett and Co. used the same excuse when he entered office four years ago, implicating former Governor Ed Rendell. "We have a structural deficit and it's a big one," Wolf said. "We need to think about…
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    Phoenix Business News - Local Phoenix News | The Business Journal of Phoenix

  • Online mattress retailer opens showroom in downtown Phoenix

    Brandon Brown
    19 Dec 2014 | 1:25 pm
    Online mattress retailer, Tuft and Needle, opened a showroom in their office in the Warehouse District in downtown Phoenix. "This is an experiment, which we are fairly confident will be successful." said Tuft and Needle co-founder John-Thomas Marino. "We are definitely excited about going offline." Up until this point, Tuft and Needle mattresses were only available through their website or on Amazon.com. But now customers can see and feel their mattress before buying it. The showroom is set up…
  • Silicon Valley Bank’s deposits grow 55% on tide of venture, IPO boom

    Bryce Druzin
    19 Dec 2014 | 1:05 pm
    Tech companies weren't the only ones to benefit from 2014's robust venture funding and IPO launches. Tech and venture bank Silicon Valley Bank's deposits totaled $31.47 billion as of Sept. 30, a 55 percent increase from the year before. The California-based bank has a presence in Tempe. "It's an industry-wide trend," said D.A. Davidson & Co. analyst Gary Tenner of the bank sector's deposits growth. "It's just that at Silicon Valley Bank, it's been a little more extreme, which I think would be a…
  • Republic Services acquires Canadian company

    Tim Gallen
    19 Dec 2014 | 12:59 pm
    Republic Services Inc. announced today it will acquire a the U.S. operations of Tervita Corp. The Phoenix-based waste management and recycling firm has agreed to buy Tervita LLC, a subsidiary of Calgary, Alberta-based Tervita, which is an environmental waste solutions provider serving oil and natural gas producers. "The acquisition of this vertically integrated operation allows Republic Services to establish a significant platform in the E&P waste sector and positions us well for future growth…
  • Engineering firm Littlejohn to be bought by rival company

    Scott Harrison
    19 Dec 2014 | 12:48 pm
    Engineering firm Littlejohn is being bought by Raleigh-based S&ME Inc. The two firms, which both have offices in Phoenix, announced the agreement Thursday afternoon. The acquisition is expected to close on Dec. 31, according to a news release. Financial terms of the deal were not disclosed. Littlejohn, which has played a role in several Arizona developments over the years, will become a wholly owned subsidiary of S&ME and maintain its name and personnel. "This acquisition is a great fit for Littlejohn,…
  • Nailing Jell-O to the wall: Evolution of the Barry Broome scoop

    Eric Jay Toll
    19 Dec 2014 | 12:01 pm
    As the afternoon waned on Dec. 18, I walked under a gray sky across the street from Renaissance Center to the Phoenix Business Journal offices in the U.S. Bank building. Tucked in my hand was a notebook filled with pithy Barry Broome quotes. After a week of chasing rumors, bits and pieces, off the record quotes and an anonymous tip verified by a dog, an exclusive story was about to hit the Internet. Notebook in one hand, in the other, my iPhone was texting information to Sacramento Business Journa…
 
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    Pittsburgh Business News - Local Pittsburgh News | The Pittsburgh Business Times

  • Highmark advertising agency decision expected soon

    Patty Tascarella
    19 Dec 2014 | 2:47 pm
    Highmark Inc.'s primary advertising agency review is down to the final stretch with a decision likely in early 2015. Sources said three candidates pitched the account on to the health insurer Dec. 5: Mullen Pittsburgh, which has been the health care insurer's primary advertising agency since 2000; PARTNERS+simons, based in Boston; and Doner, based in Southfield, Mich. Mullen President Brian Bronaugh declined comment; calls to the other agencies were not returned. According to Highmark's 2013 tax…
  • Top 5: Largest Pittsburgh-region printing firms

    Paul J. Gough
    19 Dec 2014 | 1:55 pm
    This week, the Pittsburgh Business Times is ranking the region's largest printing firms. Click on the photograph to see the top 5.
  • EPA unveils new coal ash disposal rules

    Sam Kusic
    19 Dec 2014 | 1:53 pm
    The U.S. Environmental Protection Agency has unveiled its new rules governing coal ash disposal, opting to regulate the material more like garbage than hazardous waste. The rules have been four years in the making and came about following a major accident at a Tennessee Valley Authority coal-fired power plant in December 2008. An impoundment at the plant broke, letting loose thousands of tons of fly ash that spilled over 300 acres and ran into two rivers. The agency chose to write the rules under…
  • Top 5: Largest Tri-State region newspapers

    Paul J. Gough
    19 Dec 2014 | 1:30 pm
    The Pittsburgh Business Times ranked the largest tri-state region newspapers in its Dec. 19 edition. What newspaper came out on top? Click on the photograph to find out.
  • Howard Hanna Commercial, Langholz Wilson Ellis to merge

    Tim Schooley
    19 Dec 2014 | 12:48 pm
    In a move that raises its profile in the Pittsburgh commercial real estate market, Howard Hanna Real Estate Services has merged with downtown-based Langholz Wilson Ellis, Inc., a commercial firm that brings deep relationships and experience in retail, site assemblage and other services. "We could not be more excited about being a part of Langholz Wilson Ellis," said Hoddy Hanna, chairman of O'Hara-based Howard Hanna Real Estate. The four partners of Langholz Wilson Ellis — the new combined firm…
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    Portland Business News - Local Portland News | The Portland Business Journal

  • Grocery chain Haggen plans massive expansion from 18 to 164 stores, hiring thousands

    Rachel Lerman
    19 Dec 2014 | 2:59 pm
    Bellingham-based grocery store chain Haggen announced plans Friday to embark on a major expansion that will take the store from 18 locations to 164 across Washington, Oregon, California, Nevada and Arizona. Haggen is set to acquire the additional 146 stores as part of an Federal Trade Commission-mandated divestment when Albertson's and Safeway merge. The FTC needs to approve Haggen's acquisition. Haggen's locally sourced foods, combined with this major expansion could make the company a fierce…
  • Latest Portland budget forecast: Economic boon could steer extra $18M to city coffers

    Andy Giegerich
    19 Dec 2014 | 2:42 pm
    Portland's budget office on Friday revealed that the city could have as much as $14.4 million extra to spend on one-time resources in its next fiscal year. On top of that, the City Budget Office estimates http://www.portlandoregon.gov/cbo/article/513138 that Portland could enjoy an extra $4.6 milion for ongoing resources. The projections came during the office's five-year General Fund forecast, which goes through fiscal year 2019-20. City forecasters said the influx could arrive because of the…
  • Oracle v. Oregon: Pre-trial issues hint at a glacial resolution pace

    Elizabeth Hayes
    19 Dec 2014 | 1:41 pm
    The legal battle between Oregon and Oracle Corp. over the botched Cover Oregon health exchange is far from over — or even close to going to trial. U.S. District Judge Anna Brown today granted the state's motion to dismiss Oracle's federal lawsuit on certain grounds, but she also allowed Oracle to file a second amended complaint to try again. At issue is whether the state has "sovereign immunity" for Oracle's copyright claim against it. The judge found Oracle didn't adequately support its argument…
  • Oregon insurance signups through HealthCare.gov inch up again

    Elizabeth Hayes
    19 Dec 2014 | 1:33 pm
    A little more than half of the number of people who enrolled in insurance plans through Cover Oregon last year enrolled through the federal exchange as of last Friday. There were 40,581 signups through HealthCare.gov, and likely many more on Monday, which was the deadline for continuous coverage. The final tally won't be available until next week. Another 26,799 enrolled outside of HealthCare.gov, for a total of 67,380. Last year, almost 77,000 people enrolled in individual coverage through Cover…
  • County chooses property next to VQ as its first pick for a new courthouse

    Jon Bell
    19 Dec 2014 | 10:26 am
    The Veritable Quandary restaurant could very well have a new county courthouse for a neighbor, thanks to a unanimous vote by Multnomah County commissioners yesterday. As the Oregonian reported, commissioners picked the site next to the long-time Portland restaurant as its preferred site for a new courthouse. The county already owns the property, which sits at the west end of the Hawthorne Bridge. Commissioners also chose a backup site, a city block in between the KOIN Center and the Marriott Hotel. Earlier…
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    Raleigh Business News - Local Raleigh News | The Triangle Business Journal

  • Crescent Cameron apartments sold at record-breaking price

    Amanda Jones Hoyle
    19 Dec 2014 | 3:30 pm
    For the second time this week, a new record price for apartment communities in the Triangle has been recorded with this one shattering all others. The 282-unit Crescent Cameron Village apartment community on Oberlin Road in Raleigh has been sold for $76.8 million, according to county deed records filed Friday. The price equates to about $272,000 per rental unit, or about the same price as a single-family home sold in Wake County during the month of November. The previous record was set earlier…
  • Morrisville's Fujifilm Diosynth acquires Texas A&M bioterror defense spinout

    Jason deBruyn
    19 Dec 2014 | 2:50 pm
    Fujifilm Diosynth Biotechnologies U.S.A. acquired nearly half of Kalon Biotherapeutics, expanding Fujifilm's vaccine and bioterror defense capacity. It subcontracts with the federal government through BARDA (the Biomedical Advanced Research and Development Authority, part of the Department of Health and Human Services) to protect public health in emergencies, including incidents of bioterrorism or an outbreak of pandemic influenza. Fujifilm acquired 49 percent of the total membership interests…
  • How North Carolinians can get their piece of T-Mobile's $90M pay out

    Lauren K. Ohnesorge
    19 Dec 2014 | 1:57 pm
    A $90 million settlement for unauthorized charges on T-Mobile cellphone bills will include at least $67.5 million in consumer refunds. About 167,038 North Carolinians are eligible for a pay out. North Carolina Attorney General Roy Cooper joined other state attorneys general, the Federal Trade Commission and the Federal Communications Commission to reach the settlement with T-Mobile USA, resolving allegations that T-mobile engaged in what's called mobile cramming. Mobile cramming is when unauthorized…
  • Christensen leads by example in promoting downtown Raleigh food scene (Slideshow)

    Amanda Jones Hoyle
    19 Dec 2014 | 12:10 pm
    Shortly after the Triangle Business Journal news team finished its last round of voting and selected Raleigh chef and restaurant entrepreneur Ashley Christensen as its 2014 Businessperson of the Year honoree, I figured it was time to finally pay a visit to Poole's Diner, Christensen's flagship restaurant on McDowell Street. (Click the slideshow on the right for a few of the photos from our day with Ashley Christensen.) I had always heard about its creative dishes, the laid-back atmosphere with…
  • RDU's Terminal 1 achieves LEED certification

    Dawn Wallace
    19 Dec 2014 | 11:38 am
    Raleigh-Durham International Airport's newly renovated Terminal 1 joins the ranks among airports with LEED (Leadership in Energy & Environmental Design) certified buildings. To achieve the sustainability needed for the U.S. Green Building Council to award the certification, the Airport Authority implemented LEED guidelines during the renovation of Terminal 1, which reopened this summer. That includes sustainable water-usage practices, energy efficiency, and building materials. Interactive: 10 things…
 
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    Sacramento Business News - Local Sacramento News | The Sacramento Business Journal

  • Sacramento State appoints new business-school dean

    Allen Young
    19 Dec 2014 | 5:48 pm
    California State University Sacramento has hired a new dean for its College of Business Administration. Pierre Balthazard, a business school dean at St. Bonaventure University in New York, will assume the post on Feb. 2. Balthazard studies "the neuroscience of leadership" and says he has identified the areas of the brain that make someone a leader. His interest is in developing minds for better leadership, and he has performed brain scans on hundreds of subjects. He also has worked with the U.S.…
  • Jack's Urban Eats coming to Elk Grove

    Sonya Sorich
    19 Dec 2014 | 2:37 pm
    Jack's Urban Eats is opening an Elk Grove restaurant, the city of Elk Grove announced on Facebook on Friday. The restaurant will cover 3,339 square feet at the Laguna Crossroads shopping center at 7701 Laguna Blvd., according to city of Elk Grove spokeswoman Christine Brainerd. An estimated opening date was not immediately available. Jack's Urban Eats is a fast-casual restaurant that began in midtown Sacramento. At a front counter, guests order entrees such as sandwiches, meats, side dishes and…
  • Trade with Cuba could mean opportunities for Sacramento-area businesses

    Allen Young
    19 Dec 2014 | 2:31 pm
    President Barack Obama's move to restore diplomatic relations with Cuba could some day create opportunities for Sacramento businesses, experts say. Renee Taylor, CEO of the Northern California World Trade Center, has studied the Cuban market. She said that the country struggles with crumbling infrastructure and may look to the U.S. for construction expertise and equipment. And as Cuba raises its agricultural profile, it will need food manufacturing parts and education on effective practices, Taylor…
  • Tech company brings divorce platform to region

    Kathy Robertson
    19 Dec 2014 | 2:26 pm
    A San Mateo company that offers a technology platform and mediation support for amicable divorce out of court has entered the Davis market. Wevorce provides a step-by-step, family-centric process that helps couples automate the paperwork and work with a lawyer to untangle complex issues. The company hires attorneys as independent contractors. They offer the process to clients interested in the approach, which the company says costs a third of the price for a typical divorce. Automation and a streamlined…
  • Managing partner breaks the glass ceiling at large Sacramento law firm

    Kathy Robertson
    19 Dec 2014 | 2:12 pm
    Julia Jenness will become managing partner of the fifth-largest law firm in Sacramento, effective Feb. 1. She'll become the first woman to lead a sizable local firm in two decades. The executive committee at Boutin Jones Inc. chose Jenness as its first female managing partner last week. The firm has 45 lawyers. Other women lawyers have leadership roles at Sacramento firms, but this appears to be the first time a women will head a locally based firm of this size since 1998. The announcement comes…
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    St. Louis Business News - Local St. Louis News | The St. Louis Business Journal

  • Downtown St. Louis wants workers to stick around after work

    Ben Unglesbee
    19 Dec 2014 | 12:55 pm
    A new initiative that was started this fall to lure crowds to downtown St. Louis with live music couldn't have come at a better time. Lindsay Van Quaethem, marketing manager for Downtown STL Inc., sent out an email to downtown businesses this week encouraging the 80,000 employees who work at downtown businesses to stick around the area after work on Friday and hang out at the venues participating in the music initiative, dubbed STLive. In her email, Van Quaethem noted the impact on the region from…
  • Year in Review: Sigma-Aldrich acquired by Merck

    Ben Unglesbee
    19 Dec 2014 | 12:52 pm
    This September the German pharmaceutical giant Merck KGaA agreed to buy Sigma-Aldrich, one of St. Louis' oldest and largest life sciences companies. The $17 billion dollar deal for Sigma, which was founded in 1934 by brothers Aaron Fischer and Bernard Fischlowitz, is expected to close next year. The acquisition could add billions in revenue to Merck's books and hundreds of thousands of life sciences products to its portfolio. Meanwhile Sigma-Aldrich gets the backing of a massive $13.5 billion conglomerate.…
  • Laclede Gas tops 2013 with Alabama Gas acquisition

    Kerry Smith
    19 Dec 2014 | 12:46 pm
    This story is part of our Biggest Deals focus in this week's print edition of the Business Journal. Check out the issue, which features the biggest M&A deals of the year involving St. Louis' most prominent companies. On Sept. 1, St. Louis-based The Laclede Group closed the largest out-of-state acquisition in its 150-year history with the natural gas company's purchase of Energen subsidiary Alagasco for $1.6 billion. Suzanne Sitherwood, Laclede Group president and CEO, said the Alagasco deal closed…
  • Global Pharmaceutical Solutions acquired by Salt Lake City firm

    Brian Feldt
    19 Dec 2014 | 12:29 pm
    Clayton-based Global Pharmaceutical Solutions has been acquired by Veridicus Health, a pharmacy management company from Salt Lake City. Terms were not disclosed. Veridicus is expected to maintain Global Pharmaceutical Solutions' operations in St. Louis. Here, the company will work closely with Granite Alliance Insurance Company (GAIC), a Veridicus Health subsidiary, in providing group coverage for Medicare Part D members, Medicare's prescription drug benefit. Veridicus CEO Douglas Burgoyne said…
  • St. Charles Convention Center renews management contract

    Ben Unglesbee
    19 Dec 2014 | 12:22 pm
    The St. Charles Convention Center renewed its contract with Philadelphia-based Global Spectrum to operate the center. The St. Charles County Convention and Sports Facilities Authority and city of St. Charles announced Friday that they extended Global Spectrum's contract for three years and made it eligible for another two-year renewal in 2018. Global Spectrum has managed the center since it opened in April 2005. Terms were not disclosed. The original convention center building, which features a…
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    San Antonio Business News - Local San Antonio News | The San Antonio Business Journal

  • Meet the real estate broker who will lead Redfin's launch into San Antonio's housing market

    Stephanie Guzman
    19 Dec 2014 | 3:23 pm
    Redfin Corp., the national online real estate brokerage company, is in nearly 50 markets across the U.S. and today marked their debut into San Antonio. The company has grown quickly, as Redfin was only in 22 markets about two years ago. The Seattle-based company's recent string of new markets include San Antonio, Detroit, New Jersey and Richmond, Virginia. Melanie Salas has been tapped to lead Redfin services in San Antonio. She has been a real estate broker for her own firm, Epic Realty. Salas…
  • Transaction Action: Investment company buys industrial park in Schertz

    Stephanie Guzman
    19 Dec 2014 | 3:14 pm
    This weekly blog details the real-estate sales, leases, new assignments and other deals that have recently taken place in San Antonio and other parts of Texas. Every week, we will post a new listing of some of the latest real estate news for our readers. Have some newsworthy real estate news to share? Contact real estate reporter Stephanie Guzman at sguzman@bizjournals.com. Leases Carral Ventures LLC completed two leases totaling 1,580 square feet in the King William Center at 711 and 721 S. St.…
  • Donna Brazile to kick off Black History Month in San Antonio

    James Aldridge
    19 Dec 2014 | 2:53 pm
    San Antonio Public Library and Carver Community Cultural Center officials have invited Democratic political strategist, professor and columnist Donna Brazile to kick off Black History Month on January 22. She will host an hour-long presentation at 7:15 p.m. at the Carver's Jo Long Theatre. The evening will culminate with an open mic Q&A session. The event is free but guests will need to reserve a ticket by visiting this link. Brazile is one of the most influential African American women in politics…
  • NADBank approves financing for California solar park

    James Aldridge
    19 Dec 2014 | 2:17 pm
    North American Development Bank (NADBank) officials approved a $41 million loan for Imperial Valley Solar Company 2 LLC that will be used toward the construction of a 20-megawatt solar park in Niland, California. The Imperial Irrigation District will be buying all of the renewable energy produced by the SunPeak Solar Park 2. Twenty megawatts is enough energy to power 7,200 homes annually. Imperial Valley will build the park using polycrystalline photovoltaic modules with a capacity of between 295…
  • Lori Houston talks about decade of downtown and possible incentives for commercial developers

    Stephanie Guzman
    19 Dec 2014 | 1:02 pm
    Lori Houston is a champion of San Antonio's downtown. Her biography on the city's website says she believes "great cities have great downtowns." Though former mayor Julian Castro has left the Alamo City, his vision for the "decade of downtown" is still going strong, in part because of the Center City Development Office and the downtown advocacy organization Centro San Antonio. The San Antonio Business Journal spoke with Houston, director of Center City Development Office, about downtown's revitalization…
 
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    San Francisco Business News - Local San Francisco News | The San Francisco Business Times

  • Slideshow: What the 2024 San Francisco Olympics could look like

    Marlize van Romburgh
    19 Dec 2014 | 2:42 pm
    San Francisco and the Bay Area are in the running to be pitched as the U.S.' nominee to host the 2024 Olympics. Take a look at what the stadiums and venues could look like. [Click on the photo to start a slideshow of renderings and maps.]
  • Tri-Valley Bank's $2.5 million raise will plump up capital, but dilute current investors

    Mark Calvey
    19 Dec 2014 | 2:05 pm
    San Ramon-based Tri-Valley Bank, one of the Bay Area's smallest community banks with $100 million in assets, reached a definitive agreement to sell 7.58 million shares for $2.5 million, subject to regulatory approval. The buyer is Stephen Taylor and two other individuals the bank did not identify except to say that one of them is a current board member. Taylor is chairman and CEO of Taylor Asset Management in Chicago. He also serves on the boards of Pan Pacific Bank in Fremont and Coast National…
  • George Lucas finds force isn't always with him in 2014 bid for new Chicago lakefront museum

    Lewis Lazare
    19 Dec 2014 | 2:04 pm
    This story part of Year in Review, which looks back at the biggest news, most influential newsmakers and top photos of 2014. Read more Year in Review articles here. Who would have thunk? None other than famed filmmaker George Lucas gave Chicago a high-profile reason in 2014 to focus attention on what the future should be for the city's prime lakefront land and — perhaps just as importantly — on whether Chicago Mayor Rahm Emanuel is pushing too relentlessly — and recklessly some might say —…
  • Still for sale, San Francisco's historic Payne Mansion now a hotel and event space

    Annie Sciacca
    19 Dec 2014 | 1:42 pm
    The last time we heard about the historic Payne Mansion, the property at 1409 Sutter St. in San Francisco was going back on the market in May, just six months after its owners won city approval to convert the property into a boutique hotel and restaurant. It's still up for sale, but it's also now up and running as a hotel and event space, complete with two professional kitchens, 10 luxury guest rooms and multiple spaces for parties, weddings and corporate events. Photos: Most expensive homes sold…
  • This startup wants to build Elon Musk's Hyperloop across the country

    Eric Van Susteren
    19 Dec 2014 | 12:49 pm
    There's a startup that's actually serious about building Elon Musk's Hyperloop, a conceptual transportation system that rockets pods of people from one city to another at dizzying speeds. Simple, right? Well the means to that end aren't. JumpStartFund is essentially a combination crowdfunding and crowdsourcing site that tackles really big ideas. According to Wired, that means around 100 engineers across the country — with day jobs at places like NASA, Airbus and SpaceX — are working together…
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    San Jose Business News - Local San Jose News | The Silicon Valley / San Jose Business Journal

  • Home of the Day: ​Beautiful Southern Exposure Beach Retreat

    <strong><a class="ct" ct="RRE: Reporter byline name" href="/sanjose/resources/real-estate/home-of-the-day/pacific-union">Pacific Union and Christie’s International Real Estate</a></strong>
    20 Dec 2014 | 12:51 am
    By Sharon Vallejo, Realtor® Home of the Day is presented by the Silicon Valley Business Journal with Pacific Union and Christie’s International Real Estate. This is your invitation to view some of San Jose's most-luxurious properties. Come inside and take a look around. Click on the gallery image to view today's featured property. 52 Kailua Way, Dillon Beach, CA 94929 | $985,000 Beautiful Southern exposure, Beach retreat with sweeping views of Point Reyes, Dillon Beach and Bodega Head. Beach…
  • Diocese of San Jose buys long-vacant downtown lot behind Basilica of St. Joseph

    Nathan Donato-Weinstein
    19 Dec 2014 | 2:58 pm
    The Diocese of San Jose has bought a downtown parcel that's over a half-acre in size, the former site of a historic building that has sat vacant since a 2008 blaze. The Diocese paid $4.65 million to acquire the 23,581-square-foot parcel at 91 S. First St. from Barry Swenson Builder and a local family, according to public records. The land sits behind the iconic Cathedral Basilica of St. Joseph, and could allow for expanded parking for the church. But downtown observers said they hope to see some…
  • Good Technology narrowed loss in Q3, ahead of next year's expected IPO

    Cromwell Schubarth
    19 Dec 2014 | 2:33 pm
    Good Technology narrowed its net loss in the third quarter as its revenue growth slowed, according to an updated IPO filing on Friday. The Sunnyvale mobile security company led by CEO Christy Wyatt was expected to try to raise up to $100 million by going public earlier this year. But it joined a number of others — including Los Altos-based online storage and collaboration company Box — who chose to put off their Wall Street debuts and raise more private funding after investors started demanding…
  • Coalition Against Payday Predators holds protest outside check cashing store

    Philip Beadle
    19 Dec 2014 | 2:21 pm
    The Coalition Against Payday Predators staged a demonstration Thursday afternoon in front of a California Check Cashing Stores location in downtown San Jose. The coalition of more than 40 organizations joined U.S. Rep. Zoe Lofgren at the event, which aimed to educate people on the dangers of payday lending and alternative solutions. "We are trying to inform people that there are alternative options to payday lending during the holiday season," said Emmett Carson, CEO of the Silicon Valley Community…
  • Food trucks poised to descend on San Jose's Cesar Chavez park

    Eric Van Susteren
    19 Dec 2014 | 1:50 pm
    Food truck organizer Moveable Feast is poised to send trucks to downtown San Jose's Plaza de Cesar Chavez — the site that currently holds Christmas in the Park — bringing spicy, greasy, foil-wrapped happiness to office workers yearning to be fed. Ryan Sebastian, the founder of Moveable Feast, wants to bring five to six food trucks to the park every Friday, with live music in tow. All he needs is the final sign-off of the Parks Department, something he said is all but assured. Why's he so confident…
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    Seattle Business News - Local Seattle News | The Puget Sound Business Journal

  • Home of the Day: Let Reindeer Run Aside Arabian Horses! Own an Ellensburg Equestrian Estate for $12.5 Million.

    <strong><a class="ct" ct="RRE: Reporter byline name" href="/seattle/resources/real-estate/home-of-the-day/realogics-sothebys-international-realty">Realogics Sotheby's International Realty</a></strong>
    20 Dec 2014 | 12:51 am
    By Brad Vancour, 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. 280 Orion Road, Ellensburg, WA 98926 | $12,500,000 Less than 2 hours from Seattle, this World-Class Estate on 155 acres includes 72 Horse Stalls, Indoor Arena, guest houses and much more.…
  • Home of the Day: Baby it’s cold outside come home to Silver Spurs! Ranch Style Home in Kirkland for $1.135 Million

    <strong><a class="ct" ct="RRE: Reporter byline name" href="/seattle/resources/real-estate/home-of-the-day/realogics-sothebys-international-realty">Realogics Sotheby's International Realty</a></strong>
    20 Dec 2014 | 12:50 am
    By Valerie Burmester, 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. 6006 128th Avenue NE, Kirkland, WA 98033 | $1,135,000 You will feel as if you stepped inside a home depicted in a Classic Christmas Movie in this Silver Spurs Ranch Style Home. Traditions…
  • Juno Therapeutics raises $265 million in IPO, closes high

    Annie Zak
    19 Dec 2014 | 5:21 pm
    To say it was a successful day for Juno Therapeutics would be an understatement. The company's IPO popped this morning as its stock soared 60 percent on its debut to $38 compared to its opening price of $24 a share, set Thursday night. By the close of the stock market today, shares hadn't dropped much. The company closed at $35 a share. Juno, which makes cell-based immunotherapy treatments for cancer, has a market cap of $2.2 billion, giving it the largest market cap of a biotech IPO in 2014, Investors.com…
  • Value of Belltown public health building soars 53 percent in just over 2 years

    Marc Stiles
    19 Dec 2014 | 4:44 pm
    A downtown Seattle building that houses a public health clinic sold Friday for nearly $10.1 million, or around 53 percent more than what the property sold for in 2012. Dave Speers, a commercial real estate broker who marketed the property for sale, said the U.S. affiliate St. Bride's Managers, a global real estate investment manager headquartered in London, bought the property at the southeast corner of Fourth Avenue and Blanchard Street. That's next to where the 41-story hotel/apartment Potala…
  • What's on all those container ships? Here are Washington's top 25 imports

    Sarah Aitchison
    19 Dec 2014 | 4:39 pm
    Containers at ports along the West Coast are stuck on the docks during holiday season slowdowns incited by stalled negotiations between the union dockworkers, the International Longshoreman and Warehouse Union, and the group representing terminal operators, the Pacific Maritime Association. The two parties have been negotiating for more than half the year. And while they are making progress, it is slow progress. Negotiations aren't the only thing that's slow: Between November 2013 and November…
 
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    South Florida Business News - Local South Florida News | The South Florida Business Journal

  • South Florida's 'Best Places to Work' medium company finalists announced for 2015

    Shaun Bevan
    19 Dec 2014 | 12:01 pm
    Each year, we ask employees across South Florida why their company should be named one of the "Best Places to Work," and, wow, did we get a response. Out of more than 200 nominations, only 40 made the cut and we've begun revealing those companies — today, we release the names of the medium-sized companies. Yesterday, we unveiled the small-sized companies, which you can find here. Click on the attached slideshow to meet the medium-sized company finalists. The "Best Places to Work" program is…
  • Origins Behavioral Health buys 90-bed Hanley Center

    Brian Bandell
    19 Dec 2014 | 11:53 am
    Origin Behavioral HealthCare acquired the Hanley Center, a 90-bed substance abuse recovery facility in West Palm Beach. The company didn't announce how much it paid in the purchase from non-profit Caron Treatment Centers. The deal also included the 20-bed Gate Lodge in Vero Beach. The Hanley Center has 125 employees. "Origins is known for providing its clients with the most advanced and evolved treatment methods available today in synergy with a 12-step immersive program," Origins' President and…
  • Foreclosure Roundup: Developer could lose properties in three counties

    Brian Bandell
    19 Dec 2014 | 11:40 am
    Miami developer Victor Seijas Jr. could lose land in Miami-Dade, Orange and Osceola counties to foreclosure. Coral Gables-based Banif Finance USA Corp. filed a foreclosure lawsuit on Dec. 16 against 328 LLC, Mercy Drive Development, Mercy Drive Development II, and Osceola Holdings. Seijas, the head of Precious Homes, was not named in the lawsuit but he's the managing member of the companies. He was also the guarantor on the mortgage, which was last modified at $3.47 million in 2008. Seijas has…
  • Fort Lauderdale firm’s stock jumps 15% after Ebola announcement

    Celia Ampel
    19 Dec 2014 | 11:24 am
    A Fort Lauderdale-based disinfectant company's stock increased almost 15 percent Friday after its CEO said one of its products had been sent to Africa to fight Ebola. Ocean Bio-Chem (Nasdaq: OBCI)'s stock rose to $5.09 at about 1 p.m. Friday from $4.44 a few minutes after trading opened. The company sells Performacide, a patented system that generates chlorine dioxide disinfectant. Performacide has been approved and registered with the Environmental Protection Agency and was sent to Africa to help…
  • Whole Foods to open four South Florida stores in early 2015

    Emon Reiser
    19 Dec 2014 | 11:22 am
    Whole Foods Market will kick off its South Florida expansion with a store opening in downtown Miami on Jan. 14. The 41,000-square-foot store at 299 S.E. Third St. in Miami will be the brand's 22nd location in Florida. Details about its grand opening ceremony will be announced in the coming weeks. The Texas-based natural and organic food retailer has plans to open three more stores in the region early next year: Whole Foods Market Pompano Beach at 2411 N. Federal Highway is expected to open Jan.…
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    Tampa Business News - Local Tampa News | The Tampa Bay Business Journal

  • Fodder & Shine forced to delay opening date a week

    Eric Snider
    19 Dec 2014 | 12:39 pm
    Gonna have to wait a week for that "cracker cuisine." Fodder & Shine, the new concept owned by the founders of The Refinery, was scheduled to open Friday — today — at 3 p.m., but that date has been pushed back to Dec. 26. "That [new] date is firm," said co-owner Michelle Baker, sounding cheerfully sanguine about the delay this afternoon. The culprit: Fodder & Shine, located in Seminole Heights, did not receive its liquor license from the state on time, Baker said. "We didn't want to open up…
  • Losing the Rays would hurt, but would we lose cred?

    Chris Wilkerson
    19 Dec 2014 | 11:53 am
    Here's something to stew on as Tampa Bay debates what will happen next to the Rays. Would we be worse off? St. Petersburg's city council last night rejected a deal Mayor Rick Kriseman negotiated with the Rays that would have charged them millions for each year they did not complete on their Tropicana Field contract in exchange for permission to scout locations in Pinellas and Hillsborough counties. Rays Owner Stuart Sternberg has said if he can't look for stadium sites, he will have to sell the…
  • Public High School Grades

    Chris Erickson
    19 Dec 2014 | 11:45 am
    The State of Florida released 2014 grades for public high schools. The schools in the seven-county Tampa Bay area saw no schools with a F grade, one with a D, and the rest split almost evenly between As, Bs and Cs. This was a decline from 2013 which saw 43% with As, 33% with Bs, 23% with Cs and 1% with Ds. Sarasota County had the highest percentage of schools with an A grade, at 62.5%, followed by Manatee with 50% and Pasco with 38.5%. Pine View School in Sarasota County was the only school in…
  • Gov. Scott names new FDOT secretary

    Eric Snider
    19 Dec 2014 | 11:15 am
    Gov. Rick Scott gave Jim Boxold a nice promotion to close out 2014, naming him secretary of the Florida Department of Transportation, effective Jan. 3. Boxold had previously been the agency's chief of staff for 18 months, under outgoing FDOT Secretary Ananth Prasad. He served as director of cabinet affairs for the Florida Commission of Agricultlure from 2003 to 2013 and was deputy director of cabinet affairs for Gov. Jeb Bush from 2001 to 2002. Prior to that, he spent six years as legislative affairs…
  • St. Pete mayor clarifies Tropicana Field rights issue

    Wade Tyler Millward
    19 Dec 2014 | 11:10 am
    St. Petersburg Mayor Rick Kriseman released a statement today following the city council's Thursday night vote against letting the Tampa Bay Rays scout new stadiums. The council voted 5-3, with one of the key issues being the fate of the Major League Baseball team's stadium, Tropicana Field. "Last night, City Council clouded this issue," Kriseman said in the emailed statement. "To be clear, the City retains 100 percent of all development rights once the Rays leave Tropicana Field. The team is only…
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    Washington, D.C. Business News - Local Washington, D.C. News | The Washington Business Journal

  • Victor Hoskins to lead Arlington economic development

    Michael Neibauer
    19 Dec 2014 | 1:19 pm
    Victor Hoskins is taking his economic development talents to his third Washington-area jurisdiction in a year. The District's former deputy mayor for economic development, only six months into his job as a top economic development aide to Prince George's County Executive Rushern Baker, has been appointed Arlington County economic development director. Hoskins will be the permanent replacement for Terry Holzheimer, who died in March after nearly two decades with the department. "Victor will bring…
  • Why K2M's CEO wants his company to be the Tesla of spinal devices

    Tina Reed
    19 Dec 2014 | 12:01 pm
    Models of human vertebra were strewn across tables and hung from coat racks at Leesburg spinal surgery company K2M when I toured its headquarters this week. Scattered across desks were colorful devices made of plastic and bits of steel resembling toys. They were prototypes for implants and stabilizing systems. These work areas — where product designers at K2M come up with new ways to manipulate and repair the broken human spine, particularly when the problem is caused by scoliosis — looked just…
  • Under Armour named Yahoo Finance Company of the Year

    Sarah Meehan
    19 Dec 2014 | 12:00 pm
    Under Armour Inc. is raking in the trophies. The Baltimore sportswear maker has been named Yahoo Finance's Company of the Year. Under Armour earned the distinction because of its fast-paced growth, strong stock performance and the way the company "turned potential setbacks into wins" in 2014. The BBJ highlighted some of those those turning points in this post. Under Armour (NYSE: UA) continued to see quarterly revenue growth of at least 20 percent in 2014 and the company's share price grew 62.5…
  • Hilton and Marriott eye Cuba, but lots of questions remain

    Rebecca Cooper
    19 Dec 2014 | 11:53 am
    The news this week that the U.S. would re-open diplomatic ties with Cuba likely has the American hospitality industry saying one thing: por fin. The Caribbean country has been a nonstarter for American hotel companies since the 1960s, though that hasn't stopped the industry from keeping an eye on the market. Our sister publication, the South Florida Business Journal, reported that Hyatt officials were looking around Havana as early as 2007. Locally, both Hilton and Marriott acknowledged this week…
  • Could the Sony hack press Congress to pass cyber legislation? Obama hopes so.

    Jill R. Aitoro
    19 Dec 2014 | 11:44 am
    President Barack Obama spoke about the importance of cybersecurity legislation that encourages sharing information between private and public sector, all in the context of explaining why Sony made the wrong choice by pulling its film from theaters. During a Friday afternoon press conference, Obama was asked whether Sony made a mistake when it pulled the comedy "The Interview," a satire of North Korea and its dictator, after hackers infiltrated its systems and threatened Sony executives not to release…
 
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    Wichita Business News - Local Wichita News | The Wichita Business Journal

  • Slideshow: Our favorite Wichita business images from 2014

    Emily Behlmann
    20 Dec 2014 | 8:00 am
    Here at the Wichita Business Journal, we work hard, but we also get to have a lot of fun. We meet everyone from small business owners to powerful CEOs. We get out of the office to fascinating locations. This year, a couple of us even got to take a ride in a historic B-17 Flying Fortress. Visual storyteller Kellen Jenkins often has the most interesting adventures. We asked him to pick out some of his favorite or most memorable photos from 2014. You can see the photos, along with his comments about…
  • Friends University to offer tuition-lock program

    Josh Heck
    19 Dec 2014 | 11:52 am
    Friends University is launching an initiative that will allow students to lock in their tuition rate for four years. The university says the offer is available for the incoming class of 2015 freshmen. Students entering Friends University in fall 2015 will have their tuition rate locked in for four years as long as they maintain their status as a full-time student. The university's board of trustees also has decided to freeze tuition rates at the 2014 rate for the 2015-2016 academic year. Friends'…
  • The added ingredient to the Wichita innovation community this year: Buy-in

    Emily Behlmann
    19 Dec 2014 | 11:51 am
    An innovation movement has been building in Wichita for the past few years, but in 2014, it gained some new resources. This year, long-established organizations like the Wichita Metro Chamber of Commerce and the Wichita Community Foundation, always supporters of entrepreneurship, began to buy into some new grassroots projects. One example was the chamber Entrepreneurship Council's decision to fund the completion of StartupWichita.com, an online hub where entrepreneurs, investors and other business…
  • Wichita State business plan competition kicks off

    Josh Heck
    19 Dec 2014 | 10:33 am
    A prize pool worth more than $30,000 is up for grabs as Wichita State University kicks off its annual Shocker New Venture Competition. Put on by WSU's Center for Entrepreneurship, the competition encourages students to work toward commercializing new venture ideas. During the competition, students will develop a business plan for their idea and make a pitch to investors. The competition gives students a real-world application to put entrepreneurial principles into practice. The competition is…
  • Tinkering, building, messing up are encouraged at Exploration Place’s new Creator Space

    Emily Behlmann
    19 Dec 2014 | 10:19 am
    Kids don't have to look far to find a screen to engage with or software to play with. But amid all that technology, something is lost, says Jason Cox, chief technical officer at Cox Machine and vice chairman of the board at Sedgwick County's Exploration Place museum. "We've lost our connection to the physical world," he said Friday morning at the unveiling of Exploration Place's new Creator Space. "Kids have more screen time and less time building with their hands." Hands-on building is what Creator…
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