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  • Magpul officially gone from Colorado in Q1 2015

    National Business News - Local Business News | bizjournals
    26 Nov 2014 | 1:46 pm
    Magpul Industries, the Erie-based gun magazine maker that decided to move out of Colorado because of strict new gun control laws adopted here in 2013, will finally complete the move of its operations to Wyoming and Texas early next year. Earlier this month, Magpul closed on a piece of property in Austin, Texas, where it intends to locate its corporate headquarters. A dozen or so senior executives and managers have already moved there. Manufacturing and distribution operations will be in an industrial…
  • Brass Rooster's new hat shop for women moves ahead after relocation

    Business News from the Midwest - bizjournals.com
    Rob Gebelhoff
    26 Nov 2014 | 12:39 pm
    The Brass Rooster, Bay View's haberdasher and custom hat maker, has opened its recently relocated headquarters and is working on developing a new millinery shop exclusively for women called The Hen House. "Things are wonderful," said Kate McLaughlin, who co-owns the business on Milwaukee's south side with her husband John. "The big change is we have space to move around." The two shops, which are next door to one another, sit in the building that formerly was home to Boulevard Playhouse at the…
  • Microsoft vs. Getty rages on: Judge denies Microsoft’s motion to throw out the case

    Bizjournals.com Northwest RSS Feed
    Rachel Lerman
    26 Nov 2014 | 1:43 pm
    A judge denied Microsoft's motion to dismiss a lawsuit filed against the tech company by Seattle's Getty Images, which alleges "massive" copyright infringement. Getty's complaint, filed in September in New York federal court, takes issue with the Bing Image Widget allows website owners to display photos pulled from Bing search results on their sites. Getty says the widget disregards copyright laws and endangers its business model, and the business of the photographers who work with it. Microsoft…
  • Colorado banks report slight uptick in Q3 profits

    Business News from Southwest US - bizjournals.com
    Heather Draper
    26 Nov 2014 | 1:38 pm
    Colorado banks' third-quarter profits rose slightly from a year ago, to $379 million from $374 million, according to federal figures released Tuesday. As of Sept. 30, the state's 97 federally insured banks also employed fewer workers than they did at the end of the third quarter of 2013 — down 2 percent to 9,188 employees from 9,386 employees. the Federal Deposit Insurance Corp. said in its quarterly bank performance report. Colorado banks' total assets rose to $47.2 billion in the third quarter…
  • Moving? Bellhops is expanding its tech-driven service in Pittsburgh

    Business News from the Northeast US - bizjournals
    Justine Coyne
    26 Nov 2014 | 12:34 pm
    While moving into a new home can be an exciting experience, nothing quells the excitement quite like the actual act of moving your personal items and furniture from one location to another. Enter Bellhops, an Uber-like service that provides help to get your things from point A to point B. The Chattanooga, Tenn.-based startup quietly entered the Pittsburgh market in July. But after raising $6 million recently, Matt Patterson, chief operating officer at Bellhops, said the company is looking to build…
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    National Business News - Local Business News | bizjournals

  • Magpul officially gone from Colorado in Q1 2015

    26 Nov 2014 | 1:46 pm
    Magpul Industries, the Erie-based gun magazine maker that decided to move out of Colorado because of strict new gun control laws adopted here in 2013, will finally complete the move of its operations to Wyoming and Texas early next year. Earlier this month, Magpul closed on a piece of property in Austin, Texas, where it intends to locate its corporate headquarters. A dozen or so senior executives and managers have already moved there. Manufacturing and distribution operations will be in an industrial…
  • Microsoft vs. Getty rages on: Judge denies Microsoft’s motion to throw out the case

    Rachel Lerman
    26 Nov 2014 | 1:43 pm
    A judge denied Microsoft's motion to dismiss a lawsuit filed against the tech company by Seattle's Getty Images, which alleges "massive" copyright infringement. Getty's complaint, filed in September in New York federal court, takes issue with the Bing Image Widget allows website owners to display photos pulled from Bing search results on their sites. Getty says the widget disregards copyright laws and endangers its business model, and the business of the photographers who work with it. Microsoft…
  • Colorado banks report slight uptick in Q3 profits

    Heather Draper
    26 Nov 2014 | 1:38 pm
    Colorado banks' third-quarter profits rose slightly from a year ago, to $379 million from $374 million, according to federal figures released Tuesday. As of Sept. 30, the state's 97 federally insured banks also employed fewer workers than they did at the end of the third quarter of 2013 — down 2 percent to 9,188 employees from 9,386 employees. the Federal Deposit Insurance Corp. said in its quarterly bank performance report. Colorado banks' total assets rose to $47.2 billion in the third quarter…
  • Hilton Grand Vacations Club's Hokulani Waikiki earns LEED certified status

    Jason Ubay
    26 Nov 2014 | 1:38 pm
    The U.G. Green Building Council has recognized Hokulani Waikiki by Hilton Grand Vacations Club for its sustainable design, construction and operations with a Leadership in Energy and Environmental Design certification. The 143-room timeshare resort at 2181 Kalakaua Ave. opened in December 2013. "Hokulani Waikiki was built and designed with a strong focus on honoring Hawaii's unique cultural heritage," said Kim Kreiger, senior vice president club and resorts for Hilton Grand Vacations, in a statement.…
  • Union walks off the job at Port of Portland: Is a strike or lockout next?

    Sarah Aitchison
    26 Nov 2014 | 1:36 pm
    On Monday, the International Longshoreman and Warehouse Union walked off the job at the Port of Portland, said Peter Friedmann, executive director of the Agricultural Trade Coalition. Spokesman for the port managing authority, the Pacific Maritime Association, Wade Gates confirmed this but didn't have further details aside from the fact that the terminal has operated for the last two days. Craig Merrilees, spokesman for the ILWU, couldn't confirm whether union workers walked off. It's been 12…
 
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    Business News from the Midwest - bizjournals.com

  • Brass Rooster's new hat shop for women moves ahead after relocation

    Rob Gebelhoff
    26 Nov 2014 | 12:39 pm
    The Brass Rooster, Bay View's haberdasher and custom hat maker, has opened its recently relocated headquarters and is working on developing a new millinery shop exclusively for women called The Hen House. "Things are wonderful," said Kate McLaughlin, who co-owns the business on Milwaukee's south side with her husband John. "The big change is we have space to move around." The two shops, which are next door to one another, sit in the building that formerly was home to Boulevard Playhouse at the…
  • Rupp to remain involved in auction business as J.P. Weigand president

    Josh Heck
    26 Nov 2014 | 12:35 pm
    John Rupp is preparing for a new role with J.P. Weigand & Sons Inc., but he's not giving up his duties as a commercial real estate agent. Rupp, an auctioneer who specializes in farm and ranch sales, will remain active within Weigand's auction division. In January, Rupp also will take over overseeing day-to-day operations as Weigand's president, a change that was announced earlier on Wednesday. The shuffling of Weigand's leadership also will move Dawn Truman to general manager of the company's…
  • Boeing opens its photo vault to consumers

    Daniel McCoy
    26 Nov 2014 | 12:32 pm
    Looking for that perfect gift for the aviation enthusiast in you life? If so, the Boeing Co. may have the answer for you. Boeing (NYSE: BA) this week announced it has made its redesigned photography and video website available for worldwide access. The site hosts 15,000 photos, more than 2,500 of which are now available for purchase either as prints or as framed artwork. Prices run from as low as $16 for an 8x10 print to several hundred dollars for large, framed images.
  • Verdant Tea will open a bigger tea room in 2015, original location sold

    Clare Kennedy
    26 Nov 2014 | 12:23 pm
    The owners of Verdant Tea have sold their tea room and restaurant on East Franklin Street in Minneapolis, and will be opening a new, larger teahouse and brewery a few blocks south. "Our Seward location has been an incubator for a number of businesses since we first opened in July of 2013—a bar, a restaurant, a teahouse, a shop, a wholesale operation and a space for our bottled beverages—but it's necessary now to give each of those businesses even more room to breathe and meet growing demand,"…
  • Flights head back on track at MSP after snow clears (Video)

    Katharine Grayson
    26 Nov 2014 | 12:23 pm
    Snow delayed a few dozen flights out of Minneapolis-St. Paul International Airport on Wednesday morning, but clearing skies should improve air travel heading into the Thanksgiving weekend. The airport was busy this morning, but most travelers take evening flights, said Metropolitan Airports Commission spokesman Patrick Hogan. Sunday will likely be the busiest day of the weekend at the airport. Minnesota travelers heading out of town by road had a tough time this morning, thanks to snow and rain…
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    Bizjournals.com Northwest RSS Feed

  • Microsoft vs. Getty rages on: Judge denies Microsoft’s motion to throw out the case

    Rachel Lerman
    26 Nov 2014 | 1:43 pm
    A judge denied Microsoft's motion to dismiss a lawsuit filed against the tech company by Seattle's Getty Images, which alleges "massive" copyright infringement. Getty's complaint, filed in September in New York federal court, takes issue with the Bing Image Widget allows website owners to display photos pulled from Bing search results on their sites. Getty says the widget disregards copyright laws and endangers its business model, and the business of the photographers who work with it. Microsoft…
  • Union walks off the job at Port of Portland: Is a strike or lockout next?

    Sarah Aitchison
    26 Nov 2014 | 1:36 pm
    On Monday, the International Longshoreman and Warehouse Union walked off the job at the Port of Portland, said Peter Friedmann, executive director of the Agricultural Trade Coalition. Spokesman for the port managing authority, the Pacific Maritime Association, Wade Gates confirmed this but didn't have further details aside from the fact that the terminal has operated for the last two days. Craig Merrilees, spokesman for the ILWU, couldn't confirm whether union workers walked off. It's been 12…
  • Alcohol and Christmas lights: Holidays mean job security for emergency room workers

    Annie Zak
    26 Nov 2014 | 1:19 pm
    Have you ever had an embarrassing accident in front of your whole extended family on Thanksgiving after too many glasses of wine? Or fallen off a ladder hanging up festive lights? Those are two common things Ian Doten, medical director for Swedish Medical Center's First Hill and Cherry Hill facilities' emergency departments, sees a lot of during the holidays. Doten chatted with me today to share what other problems people head to the ER for during the most wonderful time of the year. What is the…
  • Greg Johnson talks about Wright Runstad's one big miss: PacMed tower

    Marc Stiles
    26 Nov 2014 | 12:59 pm
    In its 42-year history, Seattle commercial real estate company Wright Runstad has lost just one project: The Pacific Medical Center tower that was once Amazon.com's headquarters. After Amazon moved out several years ago, Wright Runstad was unable to keep making lease payments to the quasi-public Pacific Hospital Preservation & Development Authority (PDA), which owns the property. It shocked the commercial real estate industry when Wright Runstad, known for its financial savvy, defaulted on a loan…
  • Portland creative agency Downstream surges as clients open new offices

    Malia Spencer
    26 Nov 2014 | 12:58 pm
    Tim Larson's creative agency, Downstream, has grown at a significant clip since January, driven by the recovering U.S. economy and growth with international clients. His team is now roughly 90 people, up 65 percent since January. "That sort of growth is not typical," said Larson, design principle at Downstream. "I'm not sure it will repeat next year, but we see our regular growth pattern of 15 to 20 percent and anticipate that for next year's growth." The company specializes in office and environmental…
 
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    Business News from Southwest US - bizjournals.com

  • Colorado banks report slight uptick in Q3 profits

    Heather Draper
    26 Nov 2014 | 1:38 pm
    Colorado banks' third-quarter profits rose slightly from a year ago, to $379 million from $374 million, according to federal figures released Tuesday. As of Sept. 30, the state's 97 federally insured banks also employed fewer workers than they did at the end of the third quarter of 2013 — down 2 percent to 9,188 employees from 9,386 employees. the Federal Deposit Insurance Corp. said in its quarterly bank performance report. Colorado banks' total assets rose to $47.2 billion in the third quarter…
  • Albuquerque apartment vacancy rate one of the best in U.S.

    Damon Scott
    26 Nov 2014 | 1:20 pm
    A national commercial real estate group gave Albuquerque some notable kudos this month. The Chicago-based Certified Commercial Investment Member (CCIM) organization says its most recent crunching of the numbers showed the Duke City has the third best drop in year-over-year apartment vacancy rates. Albuquerque came in at a 3.3 percent vacancy rate, from Q2 2013 to Q2 2014 — for a 100 basis point decrease. At the top is Sacramento with a 2.6 percent vacancy rate and Houston at 5.4 percent. Although…
  • Look for your DBJ email newsletters to resume on Monday

    Lance Murray
    26 Nov 2014 | 1:17 pm
    Because of the Thanksgiving holiday, you will not be receiving the Dallas Business Journals' regular email alerts on Thursday or Friday. Those include the Morning Edition, TechFlash and Afternoon Edition newsletters. All of those email features will resume on Monday.
  • Kinder Morgan megadeal closes

    Jordan Blum
    26 Nov 2014 | 1:15 pm
    The megadeal to consolidate the Kinder Morgan family of companies closed as planned on Nov. 26. Founder, Chairman and CEO Rich Kinder succeeded in his push for Kinder Morgan Inc. (NYSE: KMI) to acquire Kinder Morgan Energy Partners LP (NYSE: KMP), Kinder Morgan Management LLC (NYSE: KMR) and El Paso Pipeline Partners LP (NYSE: EPB). The deal makes Kinder Morgan a single, publicly traded organization and no longer part of the master limited partnership structure that helped the Kinder fortune grow…
  • Seventh Street infill development sold for $6.1 million

    Mike Sunnucks
    26 Nov 2014 | 1:13 pm
    An infill shopping center that was previously a Methodist Church and school built in the 19th century at Seventh Street and Osborn Road has been sold for $6.1 million. The Old School 07 center is now home to a Starbucks (SBUX), Buffalo Exchange and Taco Guild, which is located in the former church building. Phoenix-based Wetta Ventures sold the 9,300-square-foot retail center for $656 per square foot. The buyer was Beverly Hills-based Old School Property LLC. CBRE Groups' Joe Compagno represented…
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    Business News from the Northeast US - bizjournals

  • Moving? Bellhops is expanding its tech-driven service in Pittsburgh

    Justine Coyne
    26 Nov 2014 | 12:34 pm
    While moving into a new home can be an exciting experience, nothing quells the excitement quite like the actual act of moving your personal items and furniture from one location to another. Enter Bellhops, an Uber-like service that provides help to get your things from point A to point B. The Chattanooga, Tenn.-based startup quietly entered the Pittsburgh market in July. But after raising $6 million recently, Matt Patterson, chief operating officer at Bellhops, said the company is looking to build…
  • EPA proposes new smog rules

    Sam Kusic
    26 Nov 2014 | 12:09 pm
    The U.S. Environmental Protection Agency's proposed smog rules likely would cost jobs and may be impossible to implement, according to Jack Gerard, president and CEO of the American Petroleum Institute. "Careful review of the science shows that the current standards already protect public health. Tightening these standards could be the most expensive regulation ever imposed on the American public, with potentially enormous costs to the economy, jobs, and consumers," he said in a statement. "Tightened…
  • Developer planning to build 110 upscale apartments off Wolf Road

    Michael DeMasi
    26 Nov 2014 | 11:58 am
    The Wolf Road corridor in Colonie, New York is filled with stores, hotels, restaurants and office buildings. Now a developer wants to bring something else: 110 upscale apartments. Crisafulli Associates LLC is targeting nearly eight acres on Aviation Road, a parallel street to the east of Wolf Road where the traffic volume is much lighter but starting to grow as more development heads that way. The two parcels at 32 and 40 Aviation Road, which are mostly woods, sit between Metro Park Road and the…
  • Pittsburgh International Airmall to open to the public for one-day event

    Sam Kusic
    26 Nov 2014 | 11:55 am
    Pittsburgh International Airport's Airmall will be open to the public on Dec. 6., the Allegheny County Airport Authority announced Wednesday. The shopping mall inside the airside terminal usually is open only to travelers with boarding passes. However, the authority said it was able to work out a one-day exception with the Transportation Security Administration. "It's really an effort to give local stakeholders the opportunity to see what's going on at the airport without having to be traveling.…
  • People on the Move - 2014-11-26

    26 Nov 2014 | 11:54 am
    Henry is responsible for driving sales growth across Linden's business solutions for print, warehousing/fulfillment, shredding and call centers. Linden Resources, an Arlington nonprofit, expands employment opportunities for veterans and people with disabilities within the Washington regionBuddy Woerner, AIA, joined WDG in 1998 and manages some of the firm’s most complex projects, including office, multifamily, mixed-use, hospitality and student housing. Woerner has been instrumental in significant…
 
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    Business News from Southeast US - bizjournals.com

  • St. Pete museum readies for craft beer, touchscreens, bitcoins

    Wade Tyler Millward
    26 Nov 2014 | 1:17 pm
    When Babe Ruth, a mummy and local beer drinkers collide at the St. Petersburg Museum of History next month, Executive Director Rui Farias says he hopes it's a metaphorical collision. The museum risks spills and overzealous selfies in the exhibit rooms Dec. 12 to host "Beers on the Pier." The event is one of a few moves "taking it into the 21st century" before the museum's 93rd anniversary in January, Farias said. Setting up stations at the museum's beer festival are 11 local craft breweries, including…
  • Medical device executive joins Tampa-Hillsborough County Expressway Authority

    Margie Manning
    26 Nov 2014 | 1:11 pm
    Gov. Rick Scott has appointed John Garcia to the Tampa-Hillsborough County Expressway Authority. Garcia is the president and CEO of World Wide Medical Services Inc., a Tampa company that provides physician prescribed home electrotherapy and orthotic devices. Garcia succeeds Stephen Diaco and is appointed for a term beginning today and ending July 1, 2018, a statement from the governor's office said. The appointment is subject to confirmation by the Florida Senate. The Tampa-Hillsborough County…
  • More data breaches expected this holiday season

    Brian Feldt
    26 Nov 2014 | 1:05 pm
    More data breaches are expected this holiday season, according to industry experts. "It's just a matter of when they're going to get hacked, not if," said Robert Twitchell in an International Business Times report. Twitchell is president and CEO of cyber-security firm Dispersive Technologies, and a cyber-warfare consultant for the U.S. Department of Defense. Attacks on businesses are growing at a faster clip, with crimes such as identity theft, stolen information and fraud costing the global economy…
  • Viewpoint: What Birmingham businesses can learn from the Ferguson riots

    Ryan Phillips
    26 Nov 2014 | 1:04 pm
    If the flames and rubble resulting from the protests in Ferguson, Mo., taught American business owners anything, it was that no business is safe in a conflict zone - even if you support the cause. Millions around the world watched in shock on Monday as angry protestors tore through the cold Missouri night following the decision not to indict Police Officer Darren Wilson in the shooting death of unarmed teenager Michael Brown. Some businesses in Ferguson decided to board up, others in support of…
  • Healthcare.gov kicks off better than last year, with more options for N.C.

    Jason deBruyn
    26 Nov 2014 | 12:58 pm
    The Obama Administration touted a good first week of Healthcare.gov, a stark contrast to last year's rollout, which had more than a few glitches. In the first week this year(Nov. 15-21) some 1.6 million people window shopped for a plan, 1 million submitted an application and 462,125 chose a plan. In North Carolina, shoppers will see more competition this year. Joining Blue Cross and Blue Shield of N.C. and Coventry Health Care of the Carolinas (part of Aetna) this year on the North Carolina marketplace…
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    Accounting News - Accounting News Headlines | Bizjournals.com

  • Magpul officially gone from Colorado in Q1 2015

    26 Nov 2014 | 1:46 pm
    Magpul Industries, the Erie-based gun magazine maker that decided to move out of Colorado because of strict new gun control laws adopted here in 2013, will finally complete the move of its operations to Wyoming and Texas early next year. Earlier this month, Magpul closed on a piece of property in Austin, Texas, where it intends to locate its corporate headquarters. A dozen or so senior executives and managers have already moved there. Manufacturing and distribution operations will be in an industrial…
  • Microsoft vs. Getty rages on: Judge denies Microsoft’s motion to throw out the case

    Rachel Lerman
    26 Nov 2014 | 1:43 pm
    A judge denied Microsoft's motion to dismiss a lawsuit filed against the tech company by Seattle's Getty Images, which alleges "massive" copyright infringement. Getty's complaint, filed in September in New York federal court, takes issue with the Bing Image Widget allows website owners to display photos pulled from Bing search results on their sites. Getty says the widget disregards copyright laws and endangers its business model, and the business of the photographers who work with it. Microsoft…
  • Colorado banks report slight uptick in Q3 profits

    Heather Draper
    26 Nov 2014 | 1:38 pm
    Colorado banks' third-quarter profits rose slightly from a year ago, to $379 million from $374 million, according to federal figures released Tuesday. As of Sept. 30, the state's 97 federally insured banks also employed fewer workers than they did at the end of the third quarter of 2013 — down 2 percent to 9,188 employees from 9,386 employees. the Federal Deposit Insurance Corp. said in its quarterly bank performance report. Colorado banks' total assets rose to $47.2 billion in the third quarter…
  • Hilton Grand Vacations Club's Hokulani Waikiki earns LEED certified status

    Jason Ubay
    26 Nov 2014 | 1:38 pm
    The U.G. Green Building Council has recognized Hokulani Waikiki by Hilton Grand Vacations Club for its sustainable design, construction and operations with a Leadership in Energy and Environmental Design certification. The 143-room timeshare resort at 2181 Kalakaua Ave. opened in December 2013. "Hokulani Waikiki was built and designed with a strong focus on honoring Hawaii's unique cultural heritage," said Kim Kreiger, senior vice president club and resorts for Hilton Grand Vacations, in a statement.…
  • Union walks off the job at Port of Portland: Is a strike or lockout next?

    Sarah Aitchison
    26 Nov 2014 | 1:36 pm
    On Monday, the International Longshoreman and Warehouse Union walked off the job at the Port of Portland, said Peter Friedmann, executive director of the Agricultural Trade Coalition. Spokesman for the port managing authority, the Pacific Maritime Association, Wade Gates confirmed this but didn't have further details aside from the fact that the terminal has operated for the last two days. Craig Merrilees, spokesman for the ILWU, couldn't confirm whether union workers walked off. It's been 12…
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    Agriculture News - Agriculture News Headlines | Bizjournals.com

  • Visitor arrivals and expenditures still on pace for record year

    Jason Ubay
    26 Nov 2014 | 1:22 pm
    Visitor arrivals increased 3 percent to 659,821 and total expenditures rose 2.2 percent to $1.14 million in October compared to the same month in 2013, according to monthly visitor statistics released by the Hawaii Tourism Authority. For the year, visitor arrivals are up 0.7 percent compared to the same time period last year to 6,879,749, and total expenditures gained 2.2 percent to $12.2 billion. "While we are still on track to surpass last year's record breaking numbers, the growth trend in visitor…
  • Albuquerque apartment vacancy rate one of the best in U.S.

    Damon Scott
    26 Nov 2014 | 1:20 pm
    A national commercial real estate group gave Albuquerque some notable kudos this month. The Chicago-based Certified Commercial Investment Member (CCIM) organization says its most recent crunching of the numbers showed the Duke City has the third best drop in year-over-year apartment vacancy rates. Albuquerque came in at a 3.3 percent vacancy rate, from Q2 2013 to Q2 2014 — for a 100 basis point decrease. At the top is Sacramento with a 2.6 percent vacancy rate and Houston at 5.4 percent. Although…
  • Alcohol and Christmas lights: Holidays mean job security for emergency room workers

    Annie Zak
    26 Nov 2014 | 1:19 pm
    Have you ever had an embarrassing accident in front of your whole extended family on Thanksgiving after too many glasses of wine? Or fallen off a ladder hanging up festive lights? Those are two common things Ian Doten, medical director for Swedish Medical Center's First Hill and Cherry Hill facilities' emergency departments, sees a lot of during the holidays. Doten chatted with me today to share what other problems people head to the ER for during the most wonderful time of the year. What is the…
  • Duly Noted: Emanuel is a coal-tale teller, say some; a different kind of one card (Video)

    26 Nov 2014 | 1:18 pm
    Critics say Mayor Rahm Emanuel may be taking too much credit in shutting down coal plants in new ads touting him for re-election. Some say they were already fighting for closures years before he took office. -- Chicagoist Stratos created a card that will replace all of the credit and debit cards in your wallet. The company has been working on it for more than two years and will debut it in early 2015. -- Bloomberg video above The city's annual winter overnight parking ban will commence at 3 a.m.…
  • St. Pete museum readies for craft beer, touchscreens, bitcoins

    Wade Tyler Millward
    26 Nov 2014 | 1:17 pm
    When Babe Ruth, a mummy and local beer drinkers collide at the St. Petersburg Museum of History next month, Executive Director Rui Farias says he hopes it's a metaphorical collision. The museum risks spills and overzealous selfies in the exhibit rooms Dec. 12 to host "Beers on the Pier." The event is one of a few moves "taking it into the 21st century" before the museum's 93rd anniversary in January, Farias said. Setting up stations at the museum's beer festival are 11 local craft breweries, including…
 
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    Banking & Financial News - Banking & Financial News Headlines | Bizjournals.com

  • Arizona, Phoenix rank among slowest housing markets

    Mike Sunnucks
    26 Nov 2014 | 1:50 pm
    Arizona and the Phoenix metro region both rank among the slowest housing markets in the U.S., according to a new report from Freddie Mac (FMCC). The monthly report came out today and looks at September housing, mortgage and employment data. Arizona ranks 45th among U.S. states and the District of Columbia, Phoenix ranks 39th among the largest 50 U.S. markets. Employment indicators both statewide and around Phoenix are lagging the national job market. Two-thirds of Phoenix borrowers and 69 percent…
  • Colorado banks report slight uptick in Q3 profits

    Heather Draper
    26 Nov 2014 | 1:38 pm
    Colorado banks' third-quarter profits rose slightly from a year ago, to $379 million from $374 million, according to federal figures released Tuesday. As of Sept. 30, the state's 97 federally insured banks also employed fewer workers than they did at the end of the third quarter of 2013 — down 2 percent to 9,188 employees from 9,386 employees. the Federal Deposit Insurance Corp. said in its quarterly bank performance report. Colorado banks' total assets rose to $47.2 billion in the third quarter…
  • Duly Noted: Emanuel is a coal-tale teller, say some; a different kind of one card (Video)

    26 Nov 2014 | 1:18 pm
    Critics say Mayor Rahm Emanuel may be taking too much credit in shutting down coal plants in new ads touting him for re-election. Some say they were already fighting for closures years before he took office. -- Chicagoist Stratos created a card that will replace all of the credit and debit cards in your wallet. The company has been working on it for more than two years and will debut it in early 2015. -- Bloomberg video above The city's annual winter overnight parking ban will commence at 3 a.m.…
  • Guilford rises in N.C. economic development tier designations

    Lauren K. Ohnesorge
    26 Nov 2014 | 12:48 pm
    Tier designations – which determine many of a county's economic development funding opportunities – have been issued across the state by the N.C. Department of Commerce, with Guilford County moving up a tier. "No matter where you live in North Carolina, our goal is to spark economic development and enhance job opportunities all across the state," said Commerce Secretary Sharon Decker in prepared statement. "The tier rankings help us in various economic development programs to attract businesses…
  • Western Union offers 'voluntary separation' to undisclosed number of employees

    Heather Draper
    26 Nov 2014 | 12:43 pm
    The Western Union Co. confirmed Wednesday that it has offered "voluntary separation" packages to employees, but the company refused to disclose how many workers were affected or any other details about its downsizing efforts. The Douglas County-based global money transfer company said the action, which reportedly happened in early November, was part of Western Union's efforts to move "toward a more sustainable workforce model." In an emailed statement to the Denver Business Journal, Western Union…
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    Bankruptcy News - Bankruptcy News Headlines | Bizjournals.com

  • Magpul officially gone from Colorado in Q1 2015

    26 Nov 2014 | 1:46 pm
    Magpul Industries, the Erie-based gun magazine maker that decided to move out of Colorado because of strict new gun control laws adopted here in 2013, will finally complete the move of its operations to Wyoming and Texas early next year. Earlier this month, Magpul closed on a piece of property in Austin, Texas, where it intends to locate its corporate headquarters. A dozen or so senior executives and managers have already moved there. Manufacturing and distribution operations will be in an industrial…
  • Microsoft vs. Getty rages on: Judge denies Microsoft’s motion to throw out the case

    Rachel Lerman
    26 Nov 2014 | 1:43 pm
    A judge denied Microsoft's motion to dismiss a lawsuit filed against the tech company by Seattle's Getty Images, which alleges "massive" copyright infringement. Getty's complaint, filed in September in New York federal court, takes issue with the Bing Image Widget allows website owners to display photos pulled from Bing search results on their sites. Getty says the widget disregards copyright laws and endangers its business model, and the business of the photographers who work with it. Microsoft…
  • Colorado banks report slight uptick in Q3 profits

    Heather Draper
    26 Nov 2014 | 1:38 pm
    Colorado banks' third-quarter profits rose slightly from a year ago, to $379 million from $374 million, according to federal figures released Tuesday. As of Sept. 30, the state's 97 federally insured banks also employed fewer workers than they did at the end of the third quarter of 2013 — down 2 percent to 9,188 employees from 9,386 employees. the Federal Deposit Insurance Corp. said in its quarterly bank performance report. Colorado banks' total assets rose to $47.2 billion in the third quarter…
  • Hilton Grand Vacations Club's Hokulani Waikiki earns LEED certified status

    Jason Ubay
    26 Nov 2014 | 1:38 pm
    The U.G. Green Building Council has recognized Hokulani Waikiki by Hilton Grand Vacations Club for its sustainable design, construction and operations with a Leadership in Energy and Environmental Design certification. The 143-room timeshare resort at 2181 Kalakaua Ave. opened in December 2013. "Hokulani Waikiki was built and designed with a strong focus on honoring Hawaii's unique cultural heritage," said Kim Kreiger, senior vice president club and resorts for Hilton Grand Vacations, in a statement.…
  • Union walks off the job at Port of Portland: Is a strike or lockout next?

    Sarah Aitchison
    26 Nov 2014 | 1:36 pm
    On Monday, the International Longshoreman and Warehouse Union walked off the job at the Port of Portland, said Peter Friedmann, executive director of the Agricultural Trade Coalition. Spokesman for the port managing authority, the Pacific Maritime Association, Wade Gates confirmed this but didn't have further details aside from the fact that the terminal has operated for the last two days. Craig Merrilees, spokesman for the ILWU, couldn't confirm whether union workers walked off. It's been 12…
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    Commercial Real Estate Industry News Headlines | Bizjournals.com

  • Tempe names developer for Hayden Flour Mill project

    Eric Jay Toll
    26 Nov 2014 | 1:53 pm
    A team led by Baum Development has been awarded the city of Tempe contract to redevelop the Hayden Flour Mill at the corner of Mill Avenue and Rio Salado Parkway. The five-acre project is a lease purchase and will preserve the existing grain elevator and four-story building, adapting it to a new use. Baum is partnered with Aparium Hotel Group, SmithGroupJJR and Sundt Construction. Three other teams bid for the project. Baum Development is a Chicago-based real estate developer with a specialty in…
  • Albuquerque apartment vacancy rate one of the best in U.S.

    Damon Scott
    26 Nov 2014 | 1:20 pm
    A national commercial real estate group gave Albuquerque some notable kudos this month. The Chicago-based Certified Commercial Investment Member (CCIM) organization says its most recent crunching of the numbers showed the Duke City has the third best drop in year-over-year apartment vacancy rates. Albuquerque came in at a 3.3 percent vacancy rate, from Q2 2013 to Q2 2014 — for a 100 basis point decrease. At the top is Sacramento with a 2.6 percent vacancy rate and Houston at 5.4 percent. Although…
  • Buzz Oates leases over 400,000 square feet in two deals

    Ben van der Meer
    26 Nov 2014 | 1:00 pm
    The Buzz Oates Group of Cos. has signed a pair of leases that absorbs more than 400,000 square feet of industrial space in the capital region. The larger of the two leases went to Rex Moore Electric. The company expects to move into 260,000 square feet at 8825 Elder Creek Road around Jan. 1. Zac Sweet, first vice president at Buzz Oates, said the company currently occupies about 150,000 square feet at other Buzz Oates properties on short-term leases. This lease, signed earlier this month, represents…
  • Greg Johnson talks about Wright Runstad's one big miss: PacMed tower

    Marc Stiles
    26 Nov 2014 | 12:59 pm
    In its 42-year history, Seattle commercial real estate company Wright Runstad has lost just one project: The Pacific Medical Center tower that was once Amazon.com's headquarters. After Amazon moved out several years ago, Wright Runstad was unable to keep making lease payments to the quasi-public Pacific Hospital Preservation & Development Authority (PDA), which owns the property. It shocked the commercial real estate industry when Wright Runstad, known for its financial savvy, defaulted on a loan…
  • Portland creative agency Downstream surges as clients open new offices

    Malia Spencer
    26 Nov 2014 | 12:58 pm
    Tim Larson's creative agency, Downstream, has grown at a significant clip since January, driven by the recovering U.S. economy and growth with international clients. His team is now roughly 90 people, up 65 percent since January. "That sort of growth is not typical," said Larson, design principle at Downstream. "I'm not sure it will repeat next year, but we see our regular growth pattern of 15 to 20 percent and anticipate that for next year's growth." The company specializes in office and environmental…
 
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    Economic Snapshot News - Economic Snapshot News Headlines | Bizjournals.com

  • Visitor arrivals and expenditures still on pace for record year

    Jason Ubay
    26 Nov 2014 | 1:22 pm
    Visitor arrivals increased 3 percent to 659,821 and total expenditures rose 2.2 percent to $1.14 million in October compared to the same month in 2013, according to monthly visitor statistics released by the Hawaii Tourism Authority. For the year, visitor arrivals are up 0.7 percent compared to the same time period last year to 6,879,749, and total expenditures gained 2.2 percent to $12.2 billion. "While we are still on track to surpass last year's record breaking numbers, the growth trend in visitor…
  • Albuquerque apartment vacancy rate one of the best in U.S.

    Damon Scott
    26 Nov 2014 | 1:20 pm
    A national commercial real estate group gave Albuquerque some notable kudos this month. The Chicago-based Certified Commercial Investment Member (CCIM) organization says its most recent crunching of the numbers showed the Duke City has the third best drop in year-over-year apartment vacancy rates. Albuquerque came in at a 3.3 percent vacancy rate, from Q2 2013 to Q2 2014 — for a 100 basis point decrease. At the top is Sacramento with a 2.6 percent vacancy rate and Houston at 5.4 percent. Although…
  • Alcohol and Christmas lights: Holidays mean job security for emergency room workers

    Annie Zak
    26 Nov 2014 | 1:19 pm
    Have you ever had an embarrassing accident in front of your whole extended family on Thanksgiving after too many glasses of wine? Or fallen off a ladder hanging up festive lights? Those are two common things Ian Doten, medical director for Swedish Medical Center's First Hill and Cherry Hill facilities' emergency departments, sees a lot of during the holidays. Doten chatted with me today to share what other problems people head to the ER for during the most wonderful time of the year. What is the…
  • Duly Noted: Emanuel is a coal-tale teller, say some; a different kind of one card (Video)

    26 Nov 2014 | 1:18 pm
    Critics say Mayor Rahm Emanuel may be taking too much credit in shutting down coal plants in new ads touting him for re-election. Some say they were already fighting for closures years before he took office. -- Chicagoist Stratos created a card that will replace all of the credit and debit cards in your wallet. The company has been working on it for more than two years and will debut it in early 2015. -- Bloomberg video above The city's annual winter overnight parking ban will commence at 3 a.m.…
  • St. Pete museum readies for craft beer, touchscreens, bitcoins

    Wade Tyler Millward
    26 Nov 2014 | 1:17 pm
    When Babe Ruth, a mummy and local beer drinkers collide at the St. Petersburg Museum of History next month, Executive Director Rui Farias says he hopes it's a metaphorical collision. The museum risks spills and overzealous selfies in the exhibit rooms Dec. 12 to host "Beers on the Pier." The event is one of a few moves "taking it into the 21st century" before the museum's 93rd anniversary in January, Farias said. Setting up stations at the museum's beer festival are 11 local craft breweries, including…
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    Education News - Education News Headlines | Bizjournals.com

  • Five UT professors selected as national science fellows

    Chad Swiatecki
    26 Nov 2014 | 12:46 pm
    Five science and engineering academics from the University of Texas have been elected to positions as fellows of the American Association for the Advancement of Science. Fellows are chosen in recognition of their work to advance science or its applications. The UT fellows are: • Richard Aldrich– a professor in UT's neurology department who was recognized for contributions in understanding gated conformational changes in ion channels. He is a member of the National Academy of Sciences and a…
  • Central Christian College in McPherson to offer new risk management and insurance major

    Daniel McCoy
    26 Nov 2014 | 11:55 am
    Central Christian College in McPherson is launching a risk management and insurance major as part of a partnership with Farmers Alliance of McPherson. It will make the college the first in the state to offer a specific four-year major in risk management and insurance. David Ferrell, chair of the school's business department, says insurance is a field with an aging work force that is beginning to exit the industry. That makes it a good landing spot for younger people looking for a career. Greg…
  • Kickstarter campaign for earbuds gizmo closing in on $38K, nearly five times initial goal

    Carrie Ghose
    26 Nov 2014 | 11:28 am
    Spoolee, a simple colorful gizmo for keeping earbuds untangled yet easy to unwind, is closing in on $38,000 as of Wednesday on a Kickstarter campaign ending Monday, nearly five times its initial goal. The campaign is being run by the team at Columbus-based Juiceboxx Inc., Ohio State University students who had their own Kickstarter smash and now give talks on how to put together a crowdfunding campaign. Spoolee inventor Ray Walker is an industrial designer who recently moved back to Central Ohio.…
  • N.C. pension fund assets valued at $88.4B, down from $90.1B

    Lauren K. Ohnesorge
    26 Nov 2014 | 10:47 am
    North Carolina's pension fund returned 9.4 percent for the 12 month period ending September 30, but lost 1 percent for the third quarter of 2014. That's according to a new report coming out of Treasurer Janet Cowell's office. Pension fund assets were valued at $88.4 billion at the end of the quarter, down from $90.1 billion at the end of the fiscal year. "North Carolina's pension continue to be solid and that's good news for the families depending on it," Cowell says via prepared statement. "The…
  • Freed-Hardeman pulls plug on Bill Cosby, names new keynote speaker

    Ryan Poe
    26 Nov 2014 | 10:10 am
    In the wake of multiple rape accusations, Freed-Hardeman University has canceled Bill Cosby's speaking engagement at its 50th anniversary benefit dinner. Cosby, a well-known TV star and comedian who has recently faced new and resurfacing rape allegations, was scheduled to speak to some 2,800 attendees Dec. 5 at FHU's campus in Henderson, Tennessee, about an hour-and-a-half drive from Memphis. "As important as this event is to our students, we know that names we have seen in the media represent…
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    Energy & the Environment News - Energy News Headlines | Bizjournals.com

  • EPA's proposed tougher ozone rules could pose a challenge for metro Denver

    Caitlin Hendee
    26 Nov 2014 | 1:54 pm
    The Obama administration has proposed tougher rules on ozone emissions, saying the regulations are needed to protect children and seniors from respiratory illness. Colorado's top air pollution official said Wednesday that, while state officials haven't fully studied the proposal yet, any lowering of ozone air standards could pose "additional challenges for the state of Colorado." Ground-level ozone is produced by fossil fuels, largely at power plants, factories and car exhausts and is the main…
  • Kinder Morgan megadeal closes

    Jordan Blum
    26 Nov 2014 | 1:15 pm
    The megadeal to consolidate the Kinder Morgan family of companies closed as planned on Nov. 26. Founder, Chairman and CEO Rich Kinder succeeded in his push for Kinder Morgan Inc. (NYSE: KMI) to acquire Kinder Morgan Energy Partners LP (NYSE: KMP), Kinder Morgan Management LLC (NYSE: KMR) and El Paso Pipeline Partners LP (NYSE: EPB). The deal makes Kinder Morgan a single, publicly traded organization and no longer part of the master limited partnership structure that helped the Kinder fortune grow…
  • Former Enron CFO: ‘I wasn’t thinking this was fraud’

    Dan Mayfield
    26 Nov 2014 | 12:57 pm
    In 2001 the seventh-largest company in the U.S. blew up. One minute, Enron had $100 billion in revenue, and $1 billion in net profit, and the next it was bankrupt and thousands were out of work. On Nov. 24, the company's CFO, a guy who takes credit for much of what happened at Enron, Andy Fastow, spoke at the University of New Mexico as part of the Daniels Fund Ethics Initiative about what happened. Sign up for the free Energy Inc. Texas newsletter here and get the multistate Who's Who in Energy…
  • Colorado's Civergy acquired by New York firm, changes name

    26 Nov 2014 | 12:16 pm
    Civergy Inc. — an Arapahoe County-based company involved in clean energy, smart grid technologies and cybersecurity — says it has been acquired by New York-based Mount Knowledge Holdings Inc. in a stock transaction. With the acquisition, Civergy has changed its name to Cybergy Partners Inc. In a statement, Cybergy Partners said it will remained focused "on providing products and services to build and protect the nation's critical information and energy infrastructure." The company says it…
  • EPA proposes new smog rules

    Sam Kusic
    26 Nov 2014 | 12:09 pm
    The U.S. Environmental Protection Agency's proposed smog rules likely would cost jobs and may be impossible to implement, according to Jack Gerard, president and CEO of the American Petroleum Institute. "Careful review of the science shows that the current standards already protect public health. Tightening these standards could be the most expensive regulation ever imposed on the American public, with potentially enormous costs to the economy, jobs, and consumers," he said in a statement. "Tightened…
 
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    Green News - Green News Headlines | Bizjournals.com

  • Hilton Grand Vacations Club's Hokulani Waikiki earns LEED certified status

    Jason Ubay
    26 Nov 2014 | 1:38 pm
    The U.G. Green Building Council has recognized Hokulani Waikiki by Hilton Grand Vacations Club for its sustainable design, construction and operations with a Leadership in Energy and Environmental Design certification. The 143-room timeshare resort at 2181 Kalakaua Ave. opened in December 2013. "Hokulani Waikiki was built and designed with a strong focus on honoring Hawaii's unique cultural heritage," said Kim Kreiger, senior vice president club and resorts for Hilton Grand Vacations, in a statement.…
  • Duly Noted: Emanuel is a coal-tale teller, say some; a different kind of one card (Video)

    26 Nov 2014 | 1:18 pm
    Critics say Mayor Rahm Emanuel may be taking too much credit in shutting down coal plants in new ads touting him for re-election. Some say they were already fighting for closures years before he took office. -- Chicagoist Stratos created a card that will replace all of the credit and debit cards in your wallet. The company has been working on it for more than two years and will debut it in early 2015. -- Bloomberg video above The city's annual winter overnight parking ban will commence at 3 a.m.…
  • Ad Council, Stephen Colbert honor FedEx's Fred Smith

    Greg Akers
    26 Nov 2014 | 12:30 pm
    FedEx Corp. chairman and CEO Fred Smith was feted at the 61st annual Ad Council Public Service Award Dinner last week. The 70-year-old corporate leader and Memphian was given the 2014 Public Service Award for Personal and Corporate Commitment to Philanthropy. Stephen Colbert, host of Comedy Central's "The Colbert Report," emceed the event. You can see a video of Colbert's funny opening remarks, courtesy of Adweek, below. When he got to the subject of Smith, Colbert said, "Give it up for Fred. Fred…
  • Could Puget Sound become too acidic for shellfish? New website tracks ocean acidification in real time

    Steve Wilhelm
    26 Nov 2014 | 12:12 pm
    You can stave off some of the impact of increasingly acidic oceans if you can see the acid rising. That's the premise behind a just-launched website, a joint effort between the government and private-sector shellfish growers, that is for the first time providing real-time data about increasingly acidic oceans. The Integrated Ocean Observation System (IOOS), a National Oceanic and Atmospheric Administration-led national-regional partnership, is providing data through the site, called the IOOS Pacific…
  • EPA proposes new smog rules

    Sam Kusic
    26 Nov 2014 | 12:09 pm
    The U.S. Environmental Protection Agency's proposed smog rules likely would cost jobs and may be impossible to implement, according to Jack Gerard, president and CEO of the American Petroleum Institute. "Careful review of the science shows that the current standards already protect public health. Tightening these standards could be the most expensive regulation ever imposed on the American public, with potentially enormous costs to the economy, jobs, and consumers," he said in a statement. "Tightened…
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    Health Care News - Health Care News Headlines | Bizjournals.com

  • Alcohol and Christmas lights: Holidays mean job security for emergency room workers

    Annie Zak
    26 Nov 2014 | 1:19 pm
    Have you ever had an embarrassing accident in front of your whole extended family on Thanksgiving after too many glasses of wine? Or fallen off a ladder hanging up festive lights? Those are two common things Ian Doten, medical director for Swedish Medical Center's First Hill and Cherry Hill facilities' emergency departments, sees a lot of during the holidays. Doten chatted with me today to share what other problems people head to the ER for during the most wonderful time of the year. What is the…
  • Greg Johnson talks about Wright Runstad's one big miss: PacMed tower

    Marc Stiles
    26 Nov 2014 | 12:59 pm
    In its 42-year history, Seattle commercial real estate company Wright Runstad has lost just one project: The Pacific Medical Center tower that was once Amazon.com's headquarters. After Amazon moved out several years ago, Wright Runstad was unable to keep making lease payments to the quasi-public Pacific Hospital Preservation & Development Authority (PDA), which owns the property. It shocked the commercial real estate industry when Wright Runstad, known for its financial savvy, defaulted on a loan…
  • Healthcare.gov kicks off better than last year, with more options for N.C.

    Jason deBruyn
    26 Nov 2014 | 12:58 pm
    The Obama Administration touted a good first week of Healthcare.gov, a stark contrast to last year's rollout, which had more than a few glitches. In the first week this year(Nov. 15-21) some 1.6 million people window shopped for a plan, 1 million submitted an application and 462,125 chose a plan. In North Carolina, shoppers will see more competition this year. Joining Blue Cross and Blue Shield of N.C. and Coventry Health Care of the Carolinas (part of Aetna) this year on the North Carolina marketplace…
  • Five UT professors selected as national science fellows

    Chad Swiatecki
    26 Nov 2014 | 12:46 pm
    Five science and engineering academics from the University of Texas have been elected to positions as fellows of the American Association for the Advancement of Science. Fellows are chosen in recognition of their work to advance science or its applications. The UT fellows are: • Richard Aldrich– a professor in UT's neurology department who was recognized for contributions in understanding gated conformational changes in ion channels. He is a member of the National Academy of Sciences and a…
  • The reason behind a $10M boost to Legacy Health's financial health this year

    Elizabeth Hayes
    26 Nov 2014 | 12:45 pm
    As I was researching hospital finances for last week's cover story, I learned about an anticipated $10 million boost to Legacy Health's ledger this fiscal year. It turns out that the funds are an unrestricted award from the Centers for Medicare & Medicaid Services. The reason is that Legacy got to the top level of implementing electronic health records at its six-hospital system. It all goes back to the U.S. government's stimulus package in 2009. The Centers for Medicare and Medicaid Services at…
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    Human Resources News - Human Resources News Headlines | Bizjournals.com

  • Union walks off the job at Port of Portland: Is a strike or lockout next?

    Sarah Aitchison
    26 Nov 2014 | 1:36 pm
    On Monday, the International Longshoreman and Warehouse Union walked off the job at the Port of Portland, said Peter Friedmann, executive director of the Agricultural Trade Coalition. Spokesman for the port managing authority, the Pacific Maritime Association, Wade Gates confirmed this but didn't have further details aside from the fact that the terminal has operated for the last two days. Craig Merrilees, spokesman for the ILWU, couldn't confirm whether union workers walked off. It's been 12…
  • Alcohol and Christmas lights: Holidays mean job security for emergency room workers

    Annie Zak
    26 Nov 2014 | 1:19 pm
    Have you ever had an embarrassing accident in front of your whole extended family on Thanksgiving after too many glasses of wine? Or fallen off a ladder hanging up festive lights? Those are two common things Ian Doten, medical director for Swedish Medical Center's First Hill and Cherry Hill facilities' emergency departments, sees a lot of during the holidays. Doten chatted with me today to share what other problems people head to the ER for during the most wonderful time of the year. What is the…
  • Viewpoint: What Birmingham businesses can learn from the Ferguson riots

    Ryan Phillips
    26 Nov 2014 | 1:04 pm
    If the flames and rubble resulting from the protests in Ferguson, Mo., taught American business owners anything, it was that no business is safe in a conflict zone - even if you support the cause. Millions around the world watched in shock on Monday as angry protestors tore through the cold Missouri night following the decision not to indict Police Officer Darren Wilson in the shooting death of unarmed teenager Michael Brown. Some businesses in Ferguson decided to board up, others in support of…
  • How to bring Zen leadership to Thanksgiving dinner

    Pete Walsh
    26 Nov 2014 | 1:01 pm
    I find it ironic that the one holiday intended to help us stop and be grateful can be such a source of anxiety for families. It doesn't have to be that way. Most of the anxiety comes from our inherent displeasure or discontent with others' personalities, styles and personal preferences. Clients often ask me, "How can I be my authentic self when I don't really like some of the people at the family dinner?" I encourage them to take a bigger perspective. While we don't always have appreciation and…
  • Evonik to add 30 jobs in Birmingham

    Bryan Davis
    26 Nov 2014 | 12:44 pm
    Evonik Corp. will continue to expand its Birmingham footprint in the coming months by adding 30 additional jobs to its Magic City operation. The jobs, which range in salaries from $35,000 to $100,000, will include a variety of positions, according to a report from AL.com. This announcement comes months after the German-based company announced it would add 25 new jobs as part of its first global innovation center, which will be built in Birmingham. Evonik bought out SurModics in 2011 and has added…
 
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    Insurance News - Insurance News Headlines | Bizjournals.com

  • Central Christian College in McPherson to offer new risk management and insurance major

    Daniel McCoy
    26 Nov 2014 | 11:55 am
    Central Christian College in McPherson is launching a risk management and insurance major as part of a partnership with Farmers Alliance of McPherson. It will make the college the first in the state to offer a specific four-year major in risk management and insurance. David Ferrell, chair of the school's business department, says insurance is a field with an aging work force that is beginning to exit the industry. That makes it a good landing spot for younger people looking for a career. Greg…
  • General Electric reaches major surgery deal with Midwest hospital

    Barrett J. Brunsman
    26 Nov 2014 | 11:03 am
    General Electric has reached an agreement with Christ Hospital that could make the Cincinnati medical center a destination for nationwide GE employees who need total hip or knee replacement surgery. Mike Keating, CEO of the hospital, said the GE deal is one of several the hospital has negotiated in recent months with large employers that want a fixed price for health care. Keating, who oversees 5,300 employees and an annual budget of $800 million at the second-largest hospital in Greater Cincinnati,…
  • EPIC gobbles up another insurance brokerage

    Chris Rauber
    26 Nov 2014 | 11:01 am
    San Francisco's EPIC Insurance Brokers and Consultants made its sixth acquisition since December 2013 on Tuesday, nabbing Atlanta's Greyling Insurance Brokerage & Risk Consulting Inc. EPIC, led by CEO and co-founder John Hahn, has roughly 200 Bay Area staffers, boasted $843 million in 2013 premium volume and $76 million in 2013 revenue, and has bold plans to more than triple in size to $250 million by 2018, officials say. As of a few months ago, they were projecting 2014 revenue of roughly $160…
  • EXCLUSIVE: Christ Hospital lands major surgery deal with General Electric

    Barrett J. Brunsman
    26 Nov 2014 | 9:41 am
    Christ Hospital has negotiated a contract with General Electric that could make the Mount Auburn medical center a destination for GE employees nationwide who need total hip or knee replacement surgery. Mike Keating, CEO of the hospital, said the GE deal is one of several the hospital has negotiated in recent months with large employers that want a fixed price for health care. Keating, who oversees 5,300 employees and an annual budget of $800 million at the second-largest hospital in Greater Cincinnati,…
  • What to do if your business faces rioting and looting like we have seen in Ferguson

    Paul Jaeb
    26 Nov 2014 | 8:37 am
    Each generation has images of civil unrest seared in their memories. For my father, it was the Detroit and Los Angeles riots of the 1960s. And I recall in stark detail the shock I felt witnessing the looting and violence after the Rodney King verdict. Will today's generation remember the incidents in Ferguson, Mo., as their moment? Perhaps, especially if it is not put under control soon. Civil unrest makes for great television. Predictably, the images we see include business owners arming themselves…
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    Legal Services News - Legal Services News Headlines | Bizjournals.com

  • Portland creative agency Downstream surges as clients open new offices

    Malia Spencer
    26 Nov 2014 | 12:58 pm
    Tim Larson's creative agency, Downstream, has grown at a significant clip since January, driven by the recovering U.S. economy and growth with international clients. His team is now roughly 90 people, up 65 percent since January. "That sort of growth is not typical," said Larson, design principle at Downstream. "I'm not sure it will repeat next year, but we see our regular growth pattern of 15 to 20 percent and anticipate that for next year's growth." The company specializes in office and environmental…
  • Duly Noted: Icahn to rescue Taj Mahal, Giuliani's firm may be headed to China (Video)

    26 Nov 2014 | 11:58 am
    Carl Icahn has agreed to lend up to $5 million to Trump Entertainment Resorts Inc. the owner of the Trump Taj Mahal Casino in Atlantic City can pay bankruptcy expenses. If the bankruptcy plan was approved, Icahn would take control of the casino. -- Philadelphia Inquirer Rudy Giuliani's law firm, Bracewell & Giuliani LLP, is considering a move to China. He told media the growing energy sector was driving business at the firm's London office to double after only a year, so there is a need. -- Bloomberg Celebrity…
  • Lathrop lawyer: one day, two Supreme Court wins

    Brianne Pfannenstiel
    26 Nov 2014 | 11:57 am
    It was an unexpectedly good day for Lathrop & Gage LLP associate Chad Blomberg. He got not one, but two favorable rulings from the Missouri Supreme Court on the first two cases he'd ever taken to the state high court. "As a young lawyer who's excited to see whether or not he was going to get a ruling in his first two Supreme Court cases, I was watching those hand-down dates every time," Blomberg said. "One was a little delayed when it came down, and then when they both came down it was kind of…
  • Chatham Park backers fire back against Pittsboro Matters

    Lauren K. Ohnesorge
    26 Nov 2014 | 11:51 am
    A new motion has been filed in a zoning challenge to the 7,120-acre development planned for Pittsboro – and this time it's the investor group behind the project that's throwing the legal punches. Chatham Park Investors, which, according to the N.C. Secretary of State's website has the same management as Preston Development Co., is fighting back against a community group that has filed a lawsuit against the plan. The private development company, which submitted the master plan for the Chatham Park…
  • Baker Botts promotes two Austin attorneys to partner

    Michael Theis
    26 Nov 2014 | 11:34 am
    Baker Botts LLP, a Houston-based law firm with a significant Austin presence, promoted several new partners, including two here in Austin. Jon Nelsen was among the group of 11 attorneys promoted by Baker Botts to partner status. Working out of Austin, he focuses on federal income tax issues, representing clients in tax controversies and planning corporate mergers and acquisitions. New Austin partner Nick Schunenman covers intellectual property issues, specifically patent infringement litigation. "The…
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    Logistics & Transportation News - Logistics & Transportation News Headlines | Bizjournals.com

  • Duly Noted: Emanuel is a coal-tale teller, say some; a different kind of one card (Video)

    26 Nov 2014 | 1:18 pm
    Critics say Mayor Rahm Emanuel may be taking too much credit in shutting down coal plants in new ads touting him for re-election. Some say they were already fighting for closures years before he took office. -- Chicagoist Stratos created a card that will replace all of the credit and debit cards in your wallet. The company has been working on it for more than two years and will debut it in early 2015. -- Bloomberg video above The city's annual winter overnight parking ban will commence at 3 a.m.…
  • Medical device executive joins Tampa-Hillsborough County Expressway Authority

    Margie Manning
    26 Nov 2014 | 1:11 pm
    Gov. Rick Scott has appointed John Garcia to the Tampa-Hillsborough County Expressway Authority. Garcia is the president and CEO of World Wide Medical Services Inc., a Tampa company that provides physician prescribed home electrotherapy and orthotic devices. Garcia succeeds Stephen Diaco and is appointed for a term beginning today and ending July 1, 2018, a statement from the governor's office said. The appointment is subject to confirmation by the Florida Senate. The Tampa-Hillsborough County…
  • New bus system for a new time: JTA launches first route revamp in 30 years on Dec. 1

    Jensen Werley
    26 Nov 2014 | 12:08 pm
    On 2:45 a.m. Monday morning, many of the Jacksonville Transportation Authority will gather for breakfast. At 3:01 a.m., the first bus will leave the station, heralding in a new era for public transit in the city. The bus route optimization, a project long in the works for the JTA, is a complete restructuring of the city's bus system. "It's a transformation," said Leigh Ann Rassler, public relations manager for the JTA. Rassler, and many others, have been working around the clock to bring the new…
  • Victory Casino Cruises sees smooth sailing in first months

    Jensen Werley
    26 Nov 2014 | 12:02 pm
    Victory Casino Cruises, the new casino ship that came to Mayport this summer, has had a banner year. With over 50,000 passengers, regulars who have sailed 50 times since the ship's debut and a turnout that has been on par with its sister ship in Canaveral, the ship has hit smooth sailing. "We are right on course," said Victory CEO Lester Bullock in a statement. "We offer an unprecedented experience on any casino cruise — from gaming to dining and the overall customer service provided. We could…
  • Pittsburgh International Airmall to open to the public for one-day event

    Sam Kusic
    26 Nov 2014 | 11:55 am
    Pittsburgh International Airport's Airmall will be open to the public on Dec. 6., the Allegheny County Airport Authority announced Wednesday. The shopping mall inside the airside terminal usually is open only to travelers with boarding passes. However, the authority said it was able to work out a one-day exception with the Transportation Security Administration. "It's really an effort to give local stakeholders the opportunity to see what's going on at the airport without having to be traveling.…
 
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    Manufacturing News - Manufacturing News Headlines | Bizjournals.com

  • Verdant Tea will open a bigger tea room in 2015, original location sold

    Clare Kennedy
    26 Nov 2014 | 12:23 pm
    The owners of Verdant Tea have sold their tea room and restaurant on East Franklin Street in Minneapolis, and will be opening a new, larger teahouse and brewery a few blocks south. "Our Seward location has been an incubator for a number of businesses since we first opened in July of 2013—a bar, a restaurant, a teahouse, a shop, a wholesale operation and a space for our bottled beverages—but it's necessary now to give each of those businesses even more room to breathe and meet growing demand,"…
  • Kinkisharyo inks deal to build light rail cars in the county

    26 Nov 2014 | 11:54 am
    After battling with labor groups over the past few years, Japanese company Kinkisharyo International LLC has agreed to a deal to maintain and expand its light-rail manufacturing facility in Los Angeles County. In 2012, the L.A. County Metropolitan Transportation Authority awarded Kinkisharyo a $890 million to build 175 light rail vehicles. As part of the deal, Kinkisharyo agreed to assemble light rail cars at a new facility in Palmdale. However, the company and local labor groups locked horns over…
  • Talking turkey: North Carolina's role in the Thanksgiving meal

    Rebecca Troyer
    26 Nov 2014 | 11:32 am
    Wherever you sit down to dinner on Thursday, chances are you'll have a bit of North Carolina with you, as the Tar Heel State is a top producer of both turkeys and sweet potatoes. Here's a by-the-numbers look, courtesy of the Carolina Population Center at UNC Chapel Hill: North Carolina is projected to produce 14 percent of the nation's turkeys in 2014. N.C. turkey production peaked in 1992, at 62 million birds. The Tar Heel State produced 1.2 billion pounds of turkey in 2013, a decline of 20 percent…
  • How one Jacksonville creator is using robotics to fuel innovation in students

    Colleen Michele Jones
    26 Nov 2014 | 11:28 am
    There are invaluable skills that can be learned in the toying and tinkering required to build custom robots. Things like problem-solving, programming, engineering and teamwork. They're the same skills Mark McCombs says Jacksonville's workforce needs more of in order to make the city a true "hotbed" of technology and innovation. To help meet that demand, McCombs, a multimedia artist and engineering whiz, has begun forming local robotics teams. His goal: to have FIRST Robotics teams in every school…
  • General Electric reaches major surgery deal with Midwest hospital

    Barrett J. Brunsman
    26 Nov 2014 | 11:03 am
    General Electric has reached an agreement with Christ Hospital that could make the Cincinnati medical center a destination for nationwide GE employees who need total hip or knee replacement surgery. Mike Keating, CEO of the hospital, said the GE deal is one of several the hospital has negotiated in recent months with large employers that want a fixed price for health care. Keating, who oversees 5,300 employees and an annual budget of $800 million at the second-largest hospital in Greater Cincinnati,…
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    Media & Marketing News - Media & Marketing News Headlines | Bizjournals.com

  • St. Pete museum readies for craft beer, touchscreens, bitcoins

    Wade Tyler Millward
    26 Nov 2014 | 1:17 pm
    When Babe Ruth, a mummy and local beer drinkers collide at the St. Petersburg Museum of History next month, Executive Director Rui Farias says he hopes it's a metaphorical collision. The museum risks spills and overzealous selfies in the exhibit rooms Dec. 12 to host "Beers on the Pier." The event is one of a few moves "taking it into the 21st century" before the museum's 93rd anniversary in January, Farias said. Setting up stations at the museum's beer festival are 11 local craft breweries, including…
  • Your guide to five days of shopping and giving

    Sonya Sorich
    26 Nov 2014 | 1:12 pm
    Each of the five days between Friday and Tuesday has a name, but the catchy labels aren't only references to shopping. Here's a guide for what to expect. Black Friday This year's big Black Friday news is that there's a growing consensus that deals advertised on the big shopping day might be overrated. Plus, many experts say Black Friday is now actually Thanksgiving, since major retailers such as Wal-Mart are starting their sales earlier than ever. Small Business Saturday This shopping holiday,…
  • Western Union offers 'voluntary separation' to undisclosed number of employees

    Heather Draper
    26 Nov 2014 | 12:43 pm
    The Western Union Co. confirmed Wednesday that it has offered "voluntary separation" packages to employees, but the company refused to disclose how many workers were affected or any other details about its downsizing efforts. The Douglas County-based global money transfer company said the action, which reportedly happened in early November, was part of Western Union's efforts to move "toward a more sustainable workforce model." In an emailed statement to the Denver Business Journal, Western Union…
  • New way for Chicago Cubs fans to get a piece of Wrigley

    Lewis Lazare
    26 Nov 2014 | 11:48 am
    The Chicago Cubs are calling it the Wrigley Field Collection. That's an expensive-sounding name for a variety of things being removed from Wrigley Field and put on sale to the public as the iconic ballpark is in the early stages of a multi-year, $575-million renovation and expansion. The Collection, as its been dubbed, includes items such as bleacher seats, "W" flags (that's "W" as in "win") flown following Cubs at-home wins, scoreboard tiles and even aisle markers — the kind of stuff that some…
  • Yellow Pages wants to hire digital media representatives in West Palm Beach

    Emon Reiser
    26 Nov 2014 | 11:28 am
    Yellow Pages is aiming to hire seven to 10 digital media representatives for its South Florida office. The sales positions start Jan. 12 at 500 Columbia Drive in West Palm Beach. The company employs about 40 people at that office. Responsibilities include selling digital advertising solutions and meeting monthly sales goals. The company will host a cocktail party Dec. 11 to meet potential applicants. For more information on the event, contact Linda Sheppard at Linda.Sheppard@yp.com. The positions…
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    Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com

  • Arizona, Phoenix rank among slowest housing markets

    Mike Sunnucks
    26 Nov 2014 | 1:50 pm
    Arizona and the Phoenix metro region both rank among the slowest housing markets in the U.S., according to a new report from Freddie Mac (FMCC). The monthly report came out today and looks at September housing, mortgage and employment data. Arizona ranks 45th among U.S. states and the District of Columbia, Phoenix ranks 39th among the largest 50 U.S. markets. Employment indicators both statewide and around Phoenix are lagging the national job market. Two-thirds of Phoenix borrowers and 69 percent…
  • Albuquerque apartment vacancy rate one of the best in U.S.

    Damon Scott
    26 Nov 2014 | 1:20 pm
    A national commercial real estate group gave Albuquerque some notable kudos this month. The Chicago-based Certified Commercial Investment Member (CCIM) organization says its most recent crunching of the numbers showed the Duke City has the third best drop in year-over-year apartment vacancy rates. Albuquerque came in at a 3.3 percent vacancy rate, from Q2 2013 to Q2 2014 — for a 100 basis point decrease. At the top is Sacramento with a 2.6 percent vacancy rate and Houston at 5.4 percent. Although…
  • Greg Johnson talks about Wright Runstad's one big miss: PacMed tower

    Marc Stiles
    26 Nov 2014 | 12:59 pm
    In its 42-year history, Seattle commercial real estate company Wright Runstad has lost just one project: The Pacific Medical Center tower that was once Amazon.com's headquarters. After Amazon moved out several years ago, Wright Runstad was unable to keep making lease payments to the quasi-public Pacific Hospital Preservation & Development Authority (PDA), which owns the property. It shocked the commercial real estate industry when Wright Runstad, known for its financial savvy, defaulted on a loan…
  • Four things Birmingham should be thankful for

    Ty West
    26 Nov 2014 | 12:57 pm
    Like almost all metro areas, Birmingham has plenty of things that could be better. Our population and job growth hasn't been as strong as our peers in recent years. We need better public transit and less competition among local municipalities. But unlike many other places, we have an unhealthy tendency to magnify and internalize those problems – often to our detriment. Crime is a great example. Like many major metro areas, there are pockets of our region that struggle with crime. Unlike many…
  • Rupp to remain involved in auction business as J.P. Weigand president

    Josh Heck
    26 Nov 2014 | 12:35 pm
    John Rupp is preparing for a new role with J.P. Weigand & Sons Inc., but he's not giving up his duties as a commercial real estate agent. Rupp, an auctioneer who specializes in farm and ranch sales, will remain active within Weigand's auction division. In January, Rupp also will take over overseeing day-to-day operations as Weigand's president, a change that was announced earlier on Wednesday. The shuffling of Weigand's leadership also will move Dawn Truman to general manager of the company's…
 
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    Retailing & Restaurants News - Retailing & Restaurants News Headlines | Bizjournals.com

  • Your guide to five days of shopping and giving

    Sonya Sorich
    26 Nov 2014 | 1:12 pm
    Each of the five days between Friday and Tuesday has a name, but the catchy labels aren't only references to shopping. Here's a guide for what to expect. Black Friday This year's big Black Friday news is that there's a growing consensus that deals advertised on the big shopping day might be overrated. Plus, many experts say Black Friday is now actually Thanksgiving, since major retailers such as Wal-Mart are starting their sales earlier than ever. Small Business Saturday This shopping holiday,…
  • Curtain going up on The Aristocrat bar on Burnet Road (Slideshow)

    Chad Swiatecki
    26 Nov 2014 | 1:00 pm
    It's almost showtime for The Aristocrat, which at least three generations of Austinites have known as the Poodle Dog Lounge on Burnet Road. The reinvented bar, which was purchased last year by serial downtown bar and restaurant owner Randall Stockton, will open its doors Friday after a year-long renovation and a name change. Stockton has said the name change was necessary to transform the business away from its years as a neighborhood beer bar. A full liquor license lets The Aristocrat sell cocktails,…
  • Austin startups collect tons of canned goods for area food banks

    John Egan
    26 Nov 2014 | 12:48 pm
    In the past couple of weeks, SpareFoot's office in downtown Austin has been overrun by cans of green beans, packages of spaghetti and cans of corn. No, it wasn't a scene from some terrible sci-fi movie. During the just-completed SpareFoot CANpaign, the company collected about 12 tons of food for the Capital Area Food Bank of Texas, including the green beans, spaghetti and corn. To give you a sense of how much food that is, the average U.S. car weighs about 2 tons. In all, SpareFoot employees donated…
  • Will you use Apple Pay to make holiday purchases?

    James Aldridge
    26 Nov 2014 | 12:48 pm
    Every holiday season, consumers are often warned about the dangers and pitfalls associated with holiday spending. This year is no different. But for a number of retailers, this shopping season will be different because of the advent of Apple Inc.'s new iPhone 6 mobile device. As part of the rollout of the new smartphone, the Cupertino, California-based company also debuted its Apply Pay service, which enables consumers to make purchases using their iPhone 6, iPhone 6 Plus, iPad Air 2 and iPad mini…
  • Brass Rooster's new hat shop for women moves ahead after relocation

    Rob Gebelhoff
    26 Nov 2014 | 12:39 pm
    The Brass Rooster, Bay View's haberdasher and custom hat maker, has opened its recently relocated headquarters and is working on developing a new millinery shop exclusively for women called The Hen House. "Things are wonderful," said Kate McLaughlin, who co-owns the business on Milwaukee's south side with her husband John. "The big change is we have space to move around." The two shops, which are next door to one another, sit in the building that formerly was home to Boulevard Playhouse at the…
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    Sports Business News - Sports Business News Headlines | Bizjournals.com

  • Duly Noted: Emanuel is a coal-tale teller, say some; a different kind of one card (Video)

    26 Nov 2014 | 1:18 pm
    Critics say Mayor Rahm Emanuel may be taking too much credit in shutting down coal plants in new ads touting him for re-election. Some say they were already fighting for closures years before he took office. -- Chicagoist Stratos created a card that will replace all of the credit and debit cards in your wallet. The company has been working on it for more than two years and will debut it in early 2015. -- Bloomberg video above The city's annual winter overnight parking ban will commence at 3 a.m.…
  • Guilford rises in N.C. economic development tier designations

    Lauren K. Ohnesorge
    26 Nov 2014 | 12:48 pm
    Tier designations – which determine many of a county's economic development funding opportunities – have been issued across the state by the N.C. Department of Commerce, with Guilford County moving up a tier. "No matter where you live in North Carolina, our goal is to spark economic development and enhance job opportunities all across the state," said Commerce Secretary Sharon Decker in prepared statement. "The tier rankings help us in various economic development programs to attract businesses…
  • Green space, other features detailed for planned arena tower

    Ben van der Meer
    26 Nov 2014 | 12:21 pm
    The official application and associated renderings for the 16-story tower next to the future arena in Sacramento shows quite a bit of green space on a vertical, steel structure. A handful of renderings included in the application show an entry-level garden area; garden terraces for hotel, office and special-event spaces; an edible garden on the fourth floor; planted balconies and gardens for the residential units on upper floors. Slideshow: Renderings for tower next to arena Those features…
  • Dynamo Peter Feigin scores early for Bucks, will play the point on arena project

    Rich Kirchen
    26 Nov 2014 | 12:00 pm
    During my first interview with Peter Feigin at courtside before a Milwaukee Bucks home game, Bucks co-owner Marc Lasry stopped by and greeted Feigin. The two did a "bro-hug" and chatted for a minute before we resumed the interview for a profile on Feigin in Friday's Milwaukee Business Journal print edition. The embrace was one example of the mutual admiration that developed between Lasry and Feigin in the years before the Bucks hired Feigin as team presiden t in October. Lasry and Feigin met some…
  • Hornets, Knights help Charlotte families with Thanksgiving dinner (PHOTOS)

    Jen Wilson
    26 Nov 2014 | 11:52 am
    Charlotte's pro sports teams and other local employers have spent the week making sure many of the area's less-fortunate residents will have turkey and all the fixin's on Thanksgiving Day. The Charlotte Knights, along with mascot Homer the Dragon, loaded up a caravan on Tuesday and delivered birds — plus thermometers and gravy, of course — to five stops on what the team called the "Homer Turkey Drive." Stops included the Men's Shelter of Charlotte, First Baptist Church, Safe Alliance, Urban…
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    Technology News - Technology News Headlines | Bizjournals.com

  • Magpul officially gone from Colorado in Q1 2015

    26 Nov 2014 | 1:46 pm
    Magpul Industries, the Erie-based gun magazine maker that decided to move out of Colorado because of strict new gun control laws adopted here in 2013, will finally complete the move of its operations to Wyoming and Texas early next year. Earlier this month, Magpul closed on a piece of property in Austin, Texas, where it intends to locate its corporate headquarters. A dozen or so senior executives and managers have already moved there. Manufacturing and distribution operations will be in an industrial…
  • Microsoft vs. Getty rages on: Judge denies Microsoft’s motion to throw out the case

    Rachel Lerman
    26 Nov 2014 | 1:43 pm
    A judge denied Microsoft's motion to dismiss a lawsuit filed against the tech company by Seattle's Getty Images, which alleges "massive" copyright infringement. Getty's complaint, filed in September in New York federal court, takes issue with the Bing Image Widget allows website owners to display photos pulled from Bing search results on their sites. Getty says the widget disregards copyright laws and endangers its business model, and the business of the photographers who work with it. Microsoft…
  • More data breaches expected this holiday season

    Brian Feldt
    26 Nov 2014 | 1:05 pm
    More data breaches are expected this holiday season, according to industry experts. "It's just a matter of when they're going to get hacked, not if," said Robert Twitchell in an International Business Times report. Twitchell is president and CEO of cyber-security firm Dispersive Technologies, and a cyber-warfare consultant for the U.S. Department of Defense. Attacks on businesses are growing at a faster clip, with crimes such as identity theft, stolen information and fraud costing the global economy…
  • Greg Johnson talks about Wright Runstad's one big miss: PacMed tower

    Marc Stiles
    26 Nov 2014 | 12:59 pm
    In its 42-year history, Seattle commercial real estate company Wright Runstad has lost just one project: The Pacific Medical Center tower that was once Amazon.com's headquarters. After Amazon moved out several years ago, Wright Runstad was unable to keep making lease payments to the quasi-public Pacific Hospital Preservation & Development Authority (PDA), which owns the property. It shocked the commercial real estate industry when Wright Runstad, known for its financial savvy, defaulted on a loan…
  • Portland creative agency Downstream surges as clients open new offices

    Malia Spencer
    26 Nov 2014 | 12:58 pm
    Tim Larson's creative agency, Downstream, has grown at a significant clip since January, driven by the recovering U.S. economy and growth with international clients. His team is now roughly 90 people, up 65 percent since January. "That sort of growth is not typical," said Larson, design principle at Downstream. "I'm not sure it will repeat next year, but we see our regular growth pattern of 15 to 20 percent and anticipate that for next year's growth." The company specializes in office and environmental…
 
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    Travel Business News - Travel Business News Headlines | Bizjournals.com

  • Visitor arrivals and expenditures still on pace for record year

    Jason Ubay
    26 Nov 2014 | 1:22 pm
    Visitor arrivals increased 3 percent to 659,821 and total expenditures rose 2.2 percent to $1.14 million in October compared to the same month in 2013, according to monthly visitor statistics released by the Hawaii Tourism Authority. For the year, visitor arrivals are up 0.7 percent compared to the same time period last year to 6,879,749, and total expenditures gained 2.2 percent to $12.2 billion. "While we are still on track to surpass last year's record breaking numbers, the growth trend in visitor…
  • Guilford rises in N.C. economic development tier designations

    Lauren K. Ohnesorge
    26 Nov 2014 | 12:48 pm
    Tier designations – which determine many of a county's economic development funding opportunities – have been issued across the state by the N.C. Department of Commerce, with Guilford County moving up a tier. "No matter where you live in North Carolina, our goal is to spark economic development and enhance job opportunities all across the state," said Commerce Secretary Sharon Decker in prepared statement. "The tier rankings help us in various economic development programs to attract businesses…
  • Pittsburgh International Airmall to open to the public for one-day event

    Sam Kusic
    26 Nov 2014 | 11:55 am
    Pittsburgh International Airport's Airmall will be open to the public on Dec. 6., the Allegheny County Airport Authority announced Wednesday. The shopping mall inside the airside terminal usually is open only to travelers with boarding passes. However, the authority said it was able to work out a one-day exception with the Transportation Security Administration. "It's really an effort to give local stakeholders the opportunity to see what's going on at the airport without having to be traveling.…
  • R&R Limousine Service gets positive feedback about its apps

    Rachel Aretakis
    26 Nov 2014 | 11:23 am
    Ride-sharing services such as Lyft and Uber are changing the way we think of taxis and chauffeur services. But they're not the only companies to use technology to make the transaction easier and more casual. Take, for example, Louisville-based R&R Limousine Service, which has begun offering a consumer app called iLivery. The app lets customers book reservations, track the limousine and make changes to the reservation. iLivery works for both the passenger and the person who made the reservation,…
  • Rawlings-Blake aims to keep the Charm City Circulator free despite deficit

    Rick Seltzer
    26 Nov 2014 | 10:07 am
    Mayor Stephanie Rawlings-Blake wants to try to close an $11.6 million Charm City Circulator deficit without raising parking taxes or charging riders — but those options could be on the table if all else fails. Rawlings-Blake said Wednesday she intends to make the free circulator system more efficient in order to close an annual budget deficit that's forced it to rely on city general funding to pay its bills. She addressed the topic a day after a city report projected continued losses building…
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    Small Business RSS Feed

  • Restaurants get a boost for Small Business Saturday

    Gary Gerew
    26 Nov 2014 | 7:14 am
    The U.S. Small Business Administration is launching a social media campaign to draw patrons to local restaurants this week for Small Business Saturday. The campaign, called #ShowUsYourMenu will be running on Facebook, Twitter and other social media sites. The SBA also has a map that lists area restaurants participating in the program. "Local restaurants pack a big punch to our nation's economy, as part of the economic powerhouse that is American small businesses," SBA Administrator Maria Contreras-Sweet…
  • Denver-area merchants hope to draw shoppers on Small Business Saturday

    Caitlin Hendee
    26 Nov 2014 | 4:00 am
    Denver-area small businesses are looking to get their piece of the holiday shopping pie on Small Business Saturday. The annual promotion was founded by American Express in 2010 to serve as a counterpart to Black Friday and Cyber Monday. It aims to help promote small locally-owned shops as an alternative to large retailers. "I'm inviting you to share in this special occasion to amplify the lifeblood of our economy," Maria Contreras, administrator of the Small Business Administration, said in a statement.…
  • 5 things: Liberty Bridge inspection underway (Video)

    Patty Tascarella
    25 Nov 2014 | 5:18 am
    Here are 5 things to know on Tuesday, Nov. 25, 2014: Liberty Bridge inspection underway PennDOT's inspection of the Liberty Bridge conducted by HDR Engineering and the Sofis Co. continues Tuesday and Wednesday, WTAE-TV reported, calling for single-lane closures as needed both days from 9 a.m. to 1:30 p.m. The timing is coincidental but Steve Kroft of "60 Minutes" flew in a helicopter over the Liberty Bridge in the first stop on a segment that aired Sunday about America's neglected infrastructure…
  • KC's reverse pitch: big problems, big opportunities

    Bobby Burch
    24 Nov 2014 | 12:44 pm
    You outdid yourself again, Kansas City. The congenial relationship between area entrepreneurs and corporate behemoths on display Thursday at KCnext's Reverse Pitch continues to serve as an example for other cities hoping to foster a more collaborative, symbiotic community. More than 200 people packed a room at Union Station for the opportunity to respond to larger companies' problems. Such area companies as Perceptive Software Inc., Adknowledge Inc., Black & Veatch, Pinsight Media+ and BATS Global…
  • Local love: Your guide to Milwaukee-area shopping on Small Business Saturday

    Alison Bauter
    24 Nov 2014 | 10:59 am
    Milwaukee and the surrounding counties offer a wealth of ways to show your love for local and pick up a few unique gifts this holiday season, on Small Business Saturday and beyond. Starting in the city of Milwaukee proper, look to resources like this list of companies supported by the Wisconsin Women's Business Initiative Corp. here. Local First Milwaukee has a directory for businesses across the metro area here, and its 2014 Buy Local Gift Fair is Sunday, Nov. 30, at the Domes in Milwaukee, 524…
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    Albany Business News - Local Albany News | Business Review of Albany

  • Developer planning to build 110 upscale apartments off Wolf Road

    Michael DeMasi
    26 Nov 2014 | 11:58 am
    The Wolf Road corridor in Colonie, New York is filled with stores, hotels, restaurants and office buildings. Now a developer wants to bring something else: 110 upscale apartments. Crisafulli Associates LLC is targeting nearly eight acres on Aviation Road, a parallel street to the east of Wolf Road where the traffic volume is much lighter but starting to grow as more development heads that way. The two parcels at 32 and 40 Aviation Road, which are mostly woods, sit between Metro Park Road and the…
  • General Electric reaches major surgery deal with Midwest hospital

    Barrett J. Brunsman
    26 Nov 2014 | 11:03 am
    General Electric has reached an agreement with Christ Hospital that could make the Cincinnati medical center a destination for nationwide GE employees who need total hip or knee replacement surgery. Mike Keating, CEO of the hospital, said the GE deal is one of several the hospital has negotiated in recent months with large employers that want a fixed price for health care. Keating, who oversees 5,300 employees and an annual budget of $800 million at the second-largest hospital in Greater Cincinnati,…
  • Amazon slashes price of slow-selling Fire phone

    Ben Miller
    26 Nov 2014 | 10:32 am
    Amazon.com Inc. is slashing the price of its slow-selling Fire device to $199 for an unlocked phone, which is $250 less than its previous price. Amazon admitted that it priced the Fire phone incorrectly when it introduced the phone earlier this year, and the latest price cut indicates that consumers haven't been attracted to Fire. In September, Amazon (NASDAQ: AMZN) cut the price of the phone to $449 for an unlocked version. The Fire's price was originally $649 unlocked. Media outlets are saying…
  • TEDx coming to Albany next week

    Chelsea Diana
    26 Nov 2014 | 10:26 am
    TEDx is coming to Albany on Thursday, Dec. 4 with a roster of national and local speakers. TEDx is a program of independently organized events modeled after TED, a nonprofit that combines video and live speakers to encourage discussion and connection in small groups. TEDx events have been held in most major cities worldwide, including one also scheduled for next week at Skidmore College in Saratoga Springs, New York. TEDx Albany will feature talks on global health, cyber security, a love letter…
  • Trampoline park owner shows off new 25,000-square-foot center (Slideshow)

    26 Nov 2014 | 9:11 am
    Sky Zone Trampoline Park franchise owner Colleen Fitzgerald and her staff are gearing up for the Nov. 28 opening of the 25,000-square-foot indoor park. Fitzgerald, a graduate of Catholic Central High School and Rensselaer Polytechnic Institute in Troy, is opening the trampoline park at 50 Simmons Lane in Menands, off Exit 6 of Interstate 787. Sky Zone held a job fair earlier this month to help Fitzgerald find 50 employees. Fitzgerald gave Albany Business Review photographer Donna Abbott-Vlahos…
 
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    Albuquerque Business News - Local Albuquerque News | Albuquerque Business First

  • Albuquerque apartment vacancy rate one of the best in U.S.

    Damon Scott
    26 Nov 2014 | 1:20 pm
    A national commercial real estate group gave Albuquerque some notable kudos this month. The Chicago-based Certified Commercial Investment Member (CCIM) organization says its most recent crunching of the numbers showed the Duke City has the third best drop in year-over-year apartment vacancy rates. Albuquerque came in at a 3.3 percent vacancy rate, from Q2 2013 to Q2 2014 — for a 100 basis point decrease. At the top is Sacramento with a 2.6 percent vacancy rate and Houston at 5.4 percent. Although…
  • New partners could up the ante for UNM business plan competition

    Dan Mayfield
    26 Nov 2014 | 12:42 pm
    Registration for the 2015 University of New Mexico Business Plan Competition is open, and the prizes this year will include bonuses from Sandia National Labs and ABQid. The annual competition, hosted by UNM's Anderson School of Management, encourages students to start, plan and develop new companies. Instead of pitching to venture capitalists or bankers, however, students can win up to $30,000 to launch their companies. Since the competition began, students involved in 37 companies have won $475,000…
  • Nisly steps down from TEDxABQ, but board stepping up

    Dan Mayfield
    26 Nov 2014 | 11:11 am
    The longtime curator and head of TEDxABQ, Tim Nisly, said he is stepping down to focus on creating new nonprofits and will let a new team take over the event series he brought to the city. Nisly launched the TEDxABQ events here in 2009 and built a team of volunteers who have hosted several events over the last five years under the TEDxABQ banner. But Nisly is also taking the reigns at the Rio Grande Community Development Corp., and he said he has decided to focus on the growing nonprofit incubator. "Over…
  • Berkshire Hathaway affiliate to buy NE Heights office building

    Damon Scott
    26 Nov 2014 | 10:41 am
    The New Mexico residential real estate arm of Berkshire Hathaway's HomeServices of America is acquiring an Albuquerque Northeast Heights office building to consolidate its operations. HomeServices is in the process of buying the Ingles/Campbell building at the Academy Office Park complex located at 6711 Academy Blvd. NE. Jim Pitts, qualifying broker, managing partner and president of the affiliate in New Mexico, said he expects the deal to close in January, when a 60-day remodel will start on the…
  • Kynor reflects on GAAR presidency and state’s first ‘triple crown’

    Damon Scott
    26 Nov 2014 | 10:27 am
    John Kynor is in the final weeks of a one-year stint as the president of the Greater Albuquerque Association of Realtors. The founder of Q Realty said it's been a productive year and that incoming president Paul Wilson is gearing up to take the helm in 2015. Kynor, known by his colleagues as a collaborator, credits those he's worked with for an effective run. He singles out many, including longtime GAAR Executive Vice President Janice McCrary and others on the staff and board of the more than 3,000-member…
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    Atlanta Business News - Local Atlanta News | Atlanta Business Chronicle

  • ​Buckhead Beef sues former executives over competing meat company

    Amy Wenk
    26 Nov 2014 | 10:49 am
    A longtime Atlanta meat company has a big beef with a new venture that two former executives just launched. The Buckhead Beef Co., a more than 30-year-old meat purveyor now based in College Park, on Nov. 24 filed a compliant in federal court in Atlanta against the newly-opened Revere Meat Co. in Forest Park and its owners Chad Stine and Jason Lees. The lawsuit alleges Stine, former president of Buckhead Beef, and Lees, a former buyer, stole the company's trade secrets and confidential information…
  • AAA: 1.3M Georgians to travel for Thanksgiving

    26 Nov 2014 | 7:16 am
    AAA Travel predicts 46.3 million Americans will travel 50 miles or more from home during the Thanksgiving weekend -- the highest volume for the holiday since 2007 and a 4.2 percent increase over 2013. And of that crowd, 1.3 million will be from Georgia. About 1.2 million Peach State travelers will do road trips, thanks to the lowest Thanksgiving gas prices in four years. Another 96,812 will fly, while 49,540 will find another way to visit family and friends. The average distance traveled this…
  • Snapshot: Ferguson officer’s first interview + Protests + Uber’s racy posts on rider activity

    Carla Caldwell
    26 Nov 2014 | 5:16 am
    Weather Light rain is expected early Wednesday with clearing laterin the day. High: 54. Low: 37. Click here to read more. Thanksgiving Day Mostly sunny skies and a high of 50 degrees. Low: 35. Today's Talkers Ferguson, Missouri, police officer Darren Wilson discussed his account of the moment he shot and killed black teenager Michael Brown in an exclusive interview with ABC News. Click here to view interview. Protests sprouted up across the country Tuesday to protest the Ferguson, Missouri,…
  • Coke holiday TV ad debuts, encourages ‘small, but meaningful’ gestures (VIDEO)

    Carla Caldwell
    26 Nov 2014 | 5:08 am
    Coca-Cola Inc.'s new holiday advertising campaign encourages people to look beyond the presents and focus on the true spirit of the holidays to "Make Someone Happy." The campaign's TV spot debuts Thanksgiving Day on NBC. The 60-second spot opens with the return of Coke's classic Santa Claus enjoying a Coca-Cola in his North Pole workshop. (Click here to view the ad on YouTube.) Through Santa's "Make Someone Happy" book, he watches from afar as several scenes unfold - a young girl gives her mother…
  • Report: King of Pops plans to open “dessert alley” in 2015

    Carla Caldwell
    26 Nov 2014 | 4:40 am
    The brothers behind King of Pops are working to build a "dessert alley" in Inman Park or Old 4th Ward where they would sell their popular frozen pops along with ice cream, cookies, pies and coffee Steven and Nick Carse told Atlanta Magazine that while they have not yet signed a lease, or leases, they are working on it and hope to open in April 2015. Meanwhile, they are testing recipes and the King of Pops team is working on their farm, growing strawberries and herbs for next year's pops, Atlanta…
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    Austin Business News - Local Austin News | Austin Business Journal

  • Curtain going up on The Aristocrat bar on Burnet Road (Slideshow)

    Chad Swiatecki
    26 Nov 2014 | 1:00 pm
    It's almost showtime for The Aristocrat, which at least three generations of Austinites have known as the Poodle Dog Lounge on Burnet Road. The reinvented bar, which was purchased last year by serial downtown bar and restaurant owner Randall Stockton, will open its doors Friday after a year-long renovation and a name change. Stockton has said the name change was necessary to transform the business away from its years as a neighborhood beer bar. A full liquor license lets The Aristocrat sell cocktails,…
  • Austin startups collect tons of canned goods for area food banks

    John Egan
    26 Nov 2014 | 12:48 pm
    In the past couple of weeks, SpareFoot's office in downtown Austin has been overrun by cans of green beans, packages of spaghetti and cans of corn. No, it wasn't a scene from some terrible sci-fi movie. During the just-completed SpareFoot CANpaign, the company collected about 12 tons of food for the Capital Area Food Bank of Texas, including the green beans, spaghetti and corn. To give you a sense of how much food that is, the average U.S. car weighs about 2 tons. In all, SpareFoot employees donated…
  • Five UT professors selected as national science fellows

    Chad Swiatecki
    26 Nov 2014 | 12:46 pm
    Five science and engineering academics from the University of Texas have been elected to positions as fellows of the American Association for the Advancement of Science. Fellows are chosen in recognition of their work to advance science or its applications. The UT fellows are: • Richard Aldrich– a professor in UT's neurology department who was recognized for contributions in understanding gated conformational changes in ion channels. He is a member of the National Academy of Sciences and a…
  • Real Estate Roundup: Wendy's to Kyle? New ice cream shop in East Austin

    Jan Buchholz
    26 Nov 2014 | 11:35 am
    Here is a roundup of deals and announcements in the Austin-area real estate market during the past week that weren't included in other Austin Business Journal real estate online coverage. • An unidentified San Francisco-based partnership purchased the Wickersham Green apartment community at 2310 Wickersham Lane. Forrest Bass of Berkadia represented the seller, who was not identified. This is the buyer's third multifamily acquisition in 2014, according to Berkadia, and the company plans to conduct…
  • Baker Botts promotes two Austin attorneys to partner

    Michael Theis
    26 Nov 2014 | 11:34 am
    Baker Botts LLP, a Houston-based law firm with a significant Austin presence, promoted several new partners, including two here in Austin. Jon Nelsen was among the group of 11 attorneys promoted by Baker Botts to partner status. Working out of Austin, he focuses on federal income tax issues, representing clients in tax controversies and planning corporate mergers and acquisitions. New Austin partner Nick Schunenman covers intellectual property issues, specifically patent infringement litigation. "The…
 
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    Baltimore Business News - Local Baltimore News | Baltimore Business Journal

  • Pimlico owner wants to partner with tracks in other states to get more eyes on Maryland horse racing

    Sarah Meehan
    26 Nov 2014 | 11:00 am
    As Tom Chuckas steps down from his position as head of the Maryland Jockey Club, the group that owns the state's race tracks is looking for ways to continue his work growing Maryland's horse racing industry. Chuckas will resign Nov. 30 as president and chief operating officer of the Maryland Jockey Club after six years in the role. Salvatore "Sal" Sinatra will step in Dec. 1 to oversee the tracks at Pimlico Race Course and Laurel Park as vice president and general manager of the Jockey Club. "We…
  • Rawlings-Blake aims to keep the Charm City Circulator free despite deficit

    Rick Seltzer
    26 Nov 2014 | 10:07 am
    Mayor Stephanie Rawlings-Blake wants to try to close an $11.6 million Charm City Circulator deficit without raising parking taxes or charging riders — but those options could be on the table if all else fails. Rawlings-Blake said Wednesday she intends to make the free circulator system more efficient in order to close an annual budget deficit that's forced it to rely on city general funding to pay its bills. She addressed the topic a day after a city report projected continued losses building…
  • 2014 Festival of Trees photos

    Ryan Sharrow
    26 Nov 2014 | 9:41 am
    Kennedy Krieger Institute's Festival of Trees fundraiser returns to the Timonium Fairgrounds Nov. 28-30. The festival features more than 100 vendors, toy train gardens, entertainment and children's attractions in a space also known for housing cows and pigs. This year's event, presented by BB&T, costs $13 for adults and $7 for children. Scroll a photo gallery to the right for photos of the corporate-sponsored decorated trees on display at the festival.
  • Court filings show MASN is taking aim at $25M advance MLB made to Nationals

    Eric Fisher
    26 Nov 2014 | 9:17 am
    New court filings for MASN's ongoing media-rights battle against Major League Baseball and the Washington Nationals show the network has taken particular aim at a $25 million advance MLB made to the team in August 2003. The advance, to be repaid by the Nationals after a ruling in the case by MLB's Revenue Sharing Definitions Committee, had been previously disclosed. And in prior court filings with the New York Supreme Court, MLB described the advance as a necessary step to aid settlement discussions…
  • More details about Cisco's big Sourcefire lease in Maple Lawn

    Ryan Sharrow
    26 Nov 2014 | 8:31 am
    More details have emerged about Cisco Systems Inc.'s big lease in Maple Lawn. The Business Journal first reported on Tuesday the tech giant's new 10-year lease in Howard County but some specifics were still fuzzy. The office, part of a consolidation and expansion for Cisco subsidiary Sourcefire, will span 97,100 square feet at 8315 Maple Lawn Boulevard in Fulton. The space is part of a recently completed four-story, 131,300-square foot office building in the massive mixed-use Maple Lawn community. The…
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    Birmingham Business News - Local Birmingham News | Birmingham Business Journal

  • Viewpoint: What Birmingham businesses can learn from the Ferguson riots

    Ryan Phillips
    26 Nov 2014 | 1:04 pm
    If the flames and rubble resulting from the protests in Ferguson, Mo., taught American business owners anything, it was that no business is safe in a conflict zone - even if you support the cause. Millions around the world watched in shock on Monday as angry protestors tore through the cold Missouri night following the decision not to indict Police Officer Darren Wilson in the shooting death of unarmed teenager Michael Brown. Some businesses in Ferguson decided to board up, others in support of…
  • Four things Birmingham should be thankful for

    Ty West
    26 Nov 2014 | 12:57 pm
    Like almost all metro areas, Birmingham has plenty of things that could be better. Our population and job growth hasn't been as strong as our peers in recent years. We need better public transit and less competition among local municipalities. But unlike many other places, we have an unhealthy tendency to magnify and internalize those problems – often to our detriment. Crime is a great example. Like many major metro areas, there are pockets of our region that struggle with crime. Unlike many…
  • Evonik to add 30 jobs in Birmingham

    Bryan Davis
    26 Nov 2014 | 12:44 pm
    Evonik Corp. will continue to expand its Birmingham footprint in the coming months by adding 30 additional jobs to its Magic City operation. The jobs, which range in salaries from $35,000 to $100,000, will include a variety of positions, according to a report from AL.com. This announcement comes months after the German-based company announced it would add 25 new jobs as part of its first global innovation center, which will be built in Birmingham. Evonik bought out SurModics in 2011 and has added…
  • Oyster and burger bar coming to Avondale

    Bryan Davis
    26 Nov 2014 | 12:34 pm
    Fancy's on Fifth, a new oyster and burger dive, will open at the corner of 41st Street and Fifth Ave. S. in Avondale in late spring early summer 2015. According to a report from AL.com, Melt co-owner Paget Pizitz saw the brick and glass building was open next to Parkside Cafe and Avondale Park and could not pass the opportunity to open a second restaurant in the district. Pizitz and Harriet Reis began operating a food truck last year, which eventually led to the opening of Melt in Avondale earlier…
  • Developer plans Alabaster Holiday Inn

    Bryan Davis
    26 Nov 2014 | 11:19 am
    Alabaster will have a new Holiday Inn Express by December 2015. According to a report from AL.com, Hasitkumar 'Harry' Patel plans to build and open a 70-room Holiday Inn Express. Construction will begin before the end of the year, and it should be completed by next December, the report said. Holiday Inn Express recently redesigned its model for future hotels, and this will be the first in Birmingham to be constructed under the new model. The hotel will be located near the intersection of I-65…
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    Boston Business News - Local Boston News | Boston Business Journal

  • Massachusetts restaurants, eateries ready for new labeling requirements

    Jessica Bartlett
    26 Nov 2014 | 11:14 am
    Massachusetts chain restaurants may have to start putting calorie counts on their menus, but they aren't too upset about it. Just days before America's biggest food feast of the year, the Food and Drug Administration handed down regulations requiring chain restaurants, grocers and movie theaters to post calorie content on menus and on single-serving items. Massachusetts Restaurant Association CEO Bob Luz anticipates that 20-to-25 percent of Massachusetts restaurants will be impacted by the rules,…
  • Verizon pushes back: We're not the Fox in the henhouse

    Greg Walsh
    26 Nov 2014 | 10:51 am
    Despite reports that Verizon plans to pull the plug on WFXT Fox25 from FiOS TV on Thanksgiving Day, a Verizon spokesperson points out that the station's new owner, Cox Media Group, is the one doing the pulling. As in pulling the wool over viewers' eyes. "Cox has the ability to remove their station from our network. We can't pull the plug; only they can," said Phil Santoro of Verizon. According to Santoro, when Cox took over the station last month, the Atlanta-based outfit asked Verizon to pay a…
  • Massachusetts turkey farmers are gobbling up 'buy local' business

    Jay Fitzgerald
    26 Nov 2014 | 10:47 am
    The "buy local" movement among food consumers appears to be helping otherwise beleaguered turkey farmers across Massachusetts, home to the nation's very first Thanksgiving. The Massachusetts Department of Agricultural Resources reports that there were about 176 large and small turkey farms across the state as of 2012, down from about 198 farms in 2007. Most would qualify as small farm operators who have taken advantage of the growing consumer demand for locally grown foods in general. Large turkey…
  • Decades-old Merrimack Valley contractor and developer files for bankruptcy

    Eric Convey
    26 Nov 2014 | 10:31 am
    A decades-old contractor in the Merrimack Valley filed today under chapter 7 of the federal bankruptcy code — a step that usually results in liquidation. L.J. DiPalma Inc. listed assets of $407,996 and liabilities of $2.58 million. An entry in a bankruptcy schedule included in today's filing indicates a major source of potential debt for L.J. DiPalma is a long-running lawsuit playing out in Middlesex Superior Court. The company's president is Maureen DiPalma. L.J. DiPalma's lawyer in the bankruptcy…
  • Will Wayfair go brick-and-mortar? Probably not.

    Sara Castellanos
    26 Nov 2014 | 10:00 am
    Don't expect to see any of Wayfair's couches and mirrors for sale in the real world. Boston-based online home furnishings giant Wayfair (NYSE: W) might be impervious to the trend of e-commerce companies opening brick-and-mortar stores to supplement their online sales. Why? Just look at their slogan: "A Zillion Things Home." While a "zillion" might be a stretch, it is true that Wayfair offers a wide range of home furnishing products on its website — about 7 million from 7,000 suppliers to be…
 
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    Buffalo Business News - Local Buffalo News | Business First of Buffalo

  • Buffalo banker returns to lead Wilmington Trust office

    Allissa Kline
    26 Nov 2014 | 10:39 am
    A former Buffalo banker has returned to Western New York to lead the local Wilmington Trust N.A. office. Patricia Farrell came on board this fall as regional market director, overseeing a team of 300 professionals who provide wealth strategies and investment offerings. Wilmington Trust is the wealth management subsidiary of M&T Bank. Farrell, who formerly worked at KeyBank N.A. and Bank of America, left the area in 2008. She was most recently a private client adviser at U.S. Trust, the private…
  • "Cautious optimism" remains on delayed Innovation Center 2 project

    Dan Miner
    26 Nov 2014 | 10:20 am
    Buffalo Niagara Medical Campus Inc. remains stuck in a holding pattern over the desired location of its long-planned project, Innovation Center 2. BNMC Inc. wants to purchase and demolish the city-owned parking garage that faces Ellicott Street, between Goodrich and East North streets, then build a newer parking garage with IC2 on top of it in that location. But talks with the city have stretched months longer than initially planned, and BNMC Inc. has a dire need to establish parking accommodations…
  • Tops gearing up for $16M investment in CNG fleet

    David Bertola
    26 Nov 2014 | 9:54 am
    Tops Friendly Markets will spend $16 million in the coming years to convert its 55 tractors to compressed natural gas and build a fueling station in Lancaster. Ron Ferri, Tops' senior vice president of distribution and logistics, said that the company began exploring the conversion to compressed natural gas about eight months ago. He said that initially, it was thought that they'd convert only a few tractors. "As we got into it, the more the economics and the reduction in diesel fuel use from a…
  • Buffalo Sabres worth $288M according to Forbes

    James Fink
    26 Nov 2014 | 9:45 am
    On ice, the Buffalo Sabres have one of the worst records in the National Hockey League. Off ice, it's a different matter. Since Terry Pegula bought the Sabres in early 2011 for $189 million, the value of the team has risen by more than 52 percent. According to Forbes' just-released data detailing the value of all 30 NHL franchises, the Sabres are now worth $288 million, up $99 million in the past three years. Forbes lists the Sabres as the league's 23rd most valuable franchise. The value of…
  • Five questions with... Sarah Balogh of New Direction Youth & Family Services

    Michael Petro
    26 Nov 2014 | 7:33 am
    What can you tell us about your Association of Family and Conciliation Courts award-winning family law paper? Writing this paper was one of the requirements for getting my certificate in family law as a concentration. It was about that it takes too long in New York for a case to progress from the filing of the determination of parental rights to a disposition. In my personal experience and through my internships and my job, I have seen that it has taken years. And in doing my research, it borne…
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    Charlotte Business News - Local Charlotte News | Charlotte Business Journal

  • 'Pig pickin' cake' and other most-Googled Thanksgiving recipes in N.C.

    James Ritchie
    26 Nov 2014 | 11:57 am
    You might recall a recent news item identifying sweet potato cornbread as North Carolina's signature Thanksgiving dish. That may be true, but there's more than one way to look at the question. In a sense, pig pickin' cake might be more deserving of the title. The original report was based on the picks of The New York Times' food section staff. They listed the top Thanksgiving dish for each state. Now another Times report, this one from a different newsroom team, examines which foods are "unusually…
  • Virginia company proposes $200 million solar project in Concord

    John Downey
    26 Nov 2014 | 11:55 am
    N.C. regulators have approved a Bristol, Va., company's application for an 80-megawatt solar project near Concord to be built at a cost of $180 million to $200 million. The proposed solar farm would start operating by the end of 2015, according to McBride Energy Services' application for a certificate of public necessity and convenience. The N.C. Utilities Commission issued an order approving that certificate Wednesday. The farm is called the McBride Place Energy project. Many projects that are…
  • Hornets, Knights help Charlotte families with Thanksgiving dinner (PHOTOS)

    Jen Wilson
    26 Nov 2014 | 11:52 am
    Charlotte's pro sports teams and other local employers have spent the week making sure many of the area's less-fortunate residents will have turkey and all the fixin's on Thanksgiving Day. The Charlotte Knights, along with mascot Homer the Dragon, loaded up a caravan on Tuesday and delivered birds — plus thermometers and gravy, of course — to five stops on what the team called the "Homer Turkey Drive." Stops included the Men's Shelter of Charlotte, First Baptist Church, Safe Alliance, Urban…
  • Talking turkey: North Carolina's role in the Thanksgiving meal

    Rebecca Troyer
    26 Nov 2014 | 11:32 am
    Wherever you sit down to dinner on Thursday, chances are you'll have a bit of North Carolina with you, as the Tar Heel State is a top producer of both turkeys and sweet potatoes. Here's a by-the-numbers look, courtesy of the Carolina Population Center at UNC Chapel Hill: North Carolina is projected to produce 14 percent of the nation's turkeys in 2014. N.C. turkey production peaked in 1992, at 62 million birds. The Tar Heel State produced 1.2 billion pounds of turkey in 2013, a decline of 20 percent…
  • Bottom Dollar sale by Delhaize means loss of 65 jobs in Rowan County

    Ken Elkins
    26 Nov 2014 | 11:04 am
    Delhaize America, the parent of Salisbury-based Food Lion, will cut 65 jobs in Rowan County as part of its sale of Bottom Dollar Food Stores. The layoffs were disclosed in a federally required Worker Adjustment and Retraining Notice filed with the state of North Carolina. The layoffs are effective Dec. 31, according to the notice. Earlier this month, Delhaize agreed to sell Bottom Dollar to Aldi Inc. for $15 million, plus the assumption of store leases. The deal is expected to close during the…
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    Cincinnati Business News - Local Cincinnati News | Business Courier of Cincinnati

  • Buyer reveals plan for 309 Vine, appetite for more Cincinnati projects

    Tom Demeropolis
    26 Nov 2014 | 11:46 am
    After I broke the news about the upcoming redevelopment of the 309 Vine building by developer Village Green Cos., CEO Jonathan Holtzman and Mayor John Cranley made an official announcement about the project last week. Holtzman and Cranley, standing in the lobby of the 309 Vine building, were flanked by images from two previous Village Green projects, the 254-unit Soo Line Building City Apartments in Minneapolis and the 312-unit Randolph Tower in Chicago. "309 will get the next step," Holtzman said.…
  • Cincinnati jobseekers give thanks! Unemployment rate is lowest in a decade

    Steve Watkins
    26 Nov 2014 | 11:14 am
    Greater Cincinnati's unemployment rate plunged in October to its best level in 13 years. The 15-county local region's jobless rate hit 4.3 percent, down from 4.8 percent in September, according to newly released figures from the Ohio Department of Job and Family Services. The unemployment picture in Greater Cincinnati has improved to historic levels. The September figure was already the region's best in six years. The local jobless rate was at 4.2 percent in October 2001 just after 9/11. It ticked…
  • Rookwood Pottery owner plans $75 million development in Over-the-Rhine

    Tom Demeropolis
    26 Nov 2014 | 10:57 am
    Martin Wade has big plans for a corner of Cincinnati's Over-the-Rhine neighborhood. Big might be an understatement. Wade, the owner of Rookwood Pottery Co., plans to develop a large chunk of properties around the historic Grammer's German restaurant at Walnut and East Liberty streets. The three-phase project would include nearly 100 apartments, 40,000 square feet of office space, retail space and four single-family townhomes. In total, he's looking to make an investment of about $75 million. It's…
  • Iconic Greater Cincinnati bar to close

    Andy Brownfield
    26 Nov 2014 | 10:39 am
    An iconic Covington sports bar is closing its doors for good on Sunday. Willie's Sports Cafe will permanently close its doors on Nov. 30 after 24 years in business, owner Brad Orr told me. "(It's closing) for obvious reasons," Orr said. "The dirt becomes more valuable than the investment." The 1,300-square-foot bar and the three-and-a-half acres it sits on will go up for auction before the end of the year, Orr said. Penny Worley Auctioneers is handling the online auction. A starting price hasn't…
  • Here are Cincinnati’s newest bars and restaurants: SLIDESHOW

    Andy Brownfield
    26 Nov 2014 | 10:18 am
    It's been a busy season for Cincinnati's bar and restaurant scenes. New establishments opening, old ones getting new life and expansions all around can get hard to keep up with. Barbecue, Tex-Mex, European-Italian fusion and spiked punch are some of the things Cincinnatians can look forward to, as well as expansion from some beloved chains into new areas. And who can forget the Lachey brothers' upcoming bar? Click the photo at right to see a roundup of Cincinnati's newest bars and restaurants,…
 
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    Columbus Business News - Local Columbus News | Business First of Columbus

  • Self-storage operator buying 6 facilities in Central Ohio

    Doug Buchanan
    26 Nov 2014 | 11:43 am
    One of the country's largest operators of self-storage facilities is buying six locations in Central Ohio as part of a multi-state deal. CubeSmart (NYSE: CUBE) is paying $223 million for 26 self-storage facilities in seven states, according to a press release. The seller is Chicago-based private equity fund Harrison Street Real Estate Capital. The six in Central Ohio have 2,944 units collectively. The deal brings CubeSmart to about 15 locations locally, according to its website. The Malvern, Pennsylvania-based…
  • Kickstarter campaign for earbuds gizmo closing in on $38K, nearly five times initial goal

    Carrie Ghose
    26 Nov 2014 | 11:28 am
    Spoolee, a simple colorful gizmo for keeping earbuds untangled yet easy to unwind, is closing in on $38,000 as of Wednesday on a Kickstarter campaign ending Monday, nearly five times its initial goal. The campaign is being run by the team at Columbus-based Juiceboxx Inc., Ohio State University students who had their own Kickstarter smash and now give talks on how to put together a crowdfunding campaign. Spoolee inventor Ray Walker is an industrial designer who recently moved back to Central Ohio.…
  • Infographic: Banks' revenue growth booming in 3Q

    Evan Weese
    26 Nov 2014 | 10:36 am
    U.S. banks posted their biggest year-over-year growth in revenue since 2009 during the third quarter, and top-line performance - not improving loan quality - drove earnings for the first time since the Great Recession. See more from the Federal Deposit Insurance Corp.'s Quarterly Banking Profile in the graphic below.
  • 2 big Central Ohio retailers making first forays into Mexico

    Dan Eaton
    26 Nov 2014 | 10:23 am
    While plenty of attention in the retail world is focused on China, two of Central Ohio's most prominent merchants have turned their focus south of the border. L Brands Inc. (NYSE:LB) has opened 14 Victoria's Secret Beauty & Accessories stores in Mexico in the past six months, its first venture into that country. Abercrombie & Fitch Co. will enter Mexico in 2015 through its first-ever franchisee. Both companies are working with Mexico City-based Grupo AXO. "Mexico is a market where we are just…
  • 2014 Central Ohio Chapter Association of Fundraising Professionals (AFP)

    26 Nov 2014 | 9:53 am
    AFP Chapter Meetings: The Central Ohio AFP Chapter hosts numerous educational, professional development and networking activities each year. A complete list of educational offerings can be found on our website www.centralohioafp.org. 2014 Central Ohio Chapter Association of Fundraising Professionals (AFP) Executive Committee President Erich J. Hunker Columbus Academy President Elect Donna Zuiderweg Columbus Metropolitan Library Treasurer Brian Canavan American Cancer Society Secretary …
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    Dallas Business News - Local Dallas News | Dallas Business Journal

  • Look for your DBJ email newsletters to resume on Monday

    Lance Murray
    26 Nov 2014 | 1:17 pm
    Because of the Thanksgiving holiday, you will not be receiving the Dallas Business Journals' regular email alerts on Thursday or Friday. Those include the Morning Edition, TechFlash and Afternoon Edition newsletters. All of those email features will resume on Monday.
  • Illinois investor buys Flower Mound retail property

    Candace Carlisle
    26 Nov 2014 | 12:15 pm
    An Illinois-based real estate investor has bought Highlands Plaza II, a retail shopping center near The Shops at Highland Village in Flower Mound for an undisclosed sum. The 10,450-square-foot shopping center sits near F.M. 407 ad F.M. 4299 and is 100 percent leased to tenants like Smash Burger, Mod Market and Jersey Mike's. The Highlands Plaza II property is in a shopping district in Flower Mound with more than 3 million square feet of retail space within a 1-mile radius of the retail center. …
  • An inside look at Lucy Billingsley's next $100 million in projects

    Candace Carlisle
    26 Nov 2014 | 11:36 am
    Lucy Billingsley has been a busy woman with projects such as the $3.5 billion Cypress Waters corporate hub, landing big tenants like EnLink at One Arts Plaza and developing Mercer Business Park. But she likes to strike while the market is hot, and Dallas-Fort Worth commercial real estate is on fire. That has Billingsley, a partner at Dallas-based development firm Billingsley Co., looking at her next big projects totaling $100 million that she plans to kick off early next year with the help of…
  • Dollar-Flowers awards leasing of former Navistar facility

    Candace Carlisle
    26 Nov 2014 | 10:39 am
    Dallas-based real estate investment firm Dollar-Flowers Realty Partners — which recently picked up the former Navistar property in Garland— has awarded the leasing of the four-building complex to Dallas-based Holt Lunsford Commercial. The real estate brokerage is tasked with signing tenants and re-outfitting the property for future tenants. "Any kind of renovation project will be tenant driven," Pete Flowers, a partner at Dollar-Flowers told the Dallas Business Journal."There will be some…
  • Amazon slashes price of slow-selling Fire phone

    Ben Miller
    26 Nov 2014 | 8:58 am
    Amazon.com Inc. is slashing the price of its slow-selling Fire device to $199 for an unlocked phone, which is $250 less than its previous price. Amazon admitted that it priced the Fire phone incorrectly when it introduced the phone earlier this year, and the latest price cut indicates that consumers haven't been attracted to Fire. In September, Amazon (NASDAQ: AMZN) cut the price of the phone to $449 for an unlocked version. The Fire's price was originally $649 unlocked. Media outlets are saying…
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    Dayton Business News - Local Dayton News | Dayton Business Journal

  • Local breweries try their hands at holiday seasonal beers (slideshow)

    Olivia Barrow
    26 Nov 2014 | 10:09 am
    Local craft beer lovers have a lot to give thanks for in Dayton, as most of the breweries in the area have introduced or plan to bring out a holiday seasonal beer. Holiday beers are becoming ubiquitous in the craft beer scene and it can be hard for breweries to distinguish themselves — how many different ways can there really be to spice up a beer with cinnamon and nutmeg? But it's still smart business to tap into the holiday spirit with something a little darker, and a little different from the…
  • Dayton sign company lands huge contract

    Olivia Barrow
    26 Nov 2014 | 9:53 am
    The Dayton region's largest sign company has landed one of the biggest deals in its history. Sign Dynamics, based in Dayton, signed a contract to fabricate new interior lobby signs for all Holiday Inn brands. The four styles of Holiday Inn have about 1,400 locations in the U.S., and whenever each location renews its franchise, it will be required to convert to the new interior branding, said Jeff Becht, owner of Sign Dynamics. That amounts to a multimillion dollar contract that should keep Sign…
  • Wright Brothers’ grandniece shows off famous Oakwood home (Video)

    26 Nov 2014 | 7:57 am
    Wright Brothers’ grandniece shows off famous Oakwood home (Video)
  • This week in print: Eyes on the Dayton Flyers

    Tristan Navera
    26 Nov 2014 | 7:04 am
    With basketball season heating up again, you'll hear a lot more people around the country saying the name "Dayton." With University of Dayton's men's basketball team now 3-1 and heating up for the season, the region is capitalizing on the continued success of a team whose unlikely run into the NCAA Elite Eight in last year's playoffs generated nationwide attention and serious interest from the national media. "The national media is now saying what we've been saying all along: Dayton's college basketball…
  • Dayton’s hotbed of pizza greatness grows

    Caleb Stephens
    26 Nov 2014 | 6:29 am
    The editor of Pizza Today Magazine once told me Dayton is one of the most-congested pizza towns in America. Our city has several successful chains in Cassano's and Marion's, a slew of top-notch independent restaurants, all the national chains, not to mention a new wave of Cincinnati chains; first with LaRosa's and now with Dewey's. Dewey's recently opened its second area store at Austin Landing, and will likely open more. I figured I would venture down to the new Dewey's and check it out. Here's…
 
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    Denver Business News - Local Denver News | Denver Business Journal

  • Magpul officially gone from Colorado in Q1 2015

    26 Nov 2014 | 1:46 pm
    Magpul Industries, the Erie-based gun magazine maker that decided to move out of Colorado because of strict new gun control laws adopted here in 2013, will finally complete the move of its operations to Wyoming and Texas early next year. Earlier this month, Magpul closed on a piece of property in Austin, Texas, where it intends to locate its corporate headquarters. A dozen or so senior executives and managers have already moved there. Manufacturing and distribution operations will be in an industrial…
  • Colorado banks report slight uptick in Q3 profits

    Heather Draper
    26 Nov 2014 | 1:38 pm
    Colorado banks' third-quarter profits rose slightly from a year ago, to $379 million from $374 million, according to federal figures released Tuesday. As of Sept. 30, the state's 97 federally insured banks also employed fewer workers than they did at the end of the third quarter of 2013 — down 2 percent to 9,188 employees from 9,386 employees. the Federal Deposit Insurance Corp. said in its quarterly bank performance report. Colorado banks' total assets rose to $47.2 billion in the third quarter…
  • Western Union offers 'voluntary separation' to undisclosed number of employees

    Heather Draper
    26 Nov 2014 | 12:43 pm
    The Western Union Co. confirmed Wednesday that it has offered "voluntary separation" packages to employees, but the company refused to disclose how many workers were affected or any other details about its downsizing efforts. The Douglas County-based global money transfer company said the action, which reportedly happened in early November, was part of Western Union's efforts to move "toward a more sustainable workforce model." In an emailed statement to the Denver Business Journal, Western Union…
  • Colorado's Civergy acquired by New York firm, changes name

    26 Nov 2014 | 12:16 pm
    Civergy Inc. — an Arapahoe County-based company involved in clean energy, smart grid technologies and cybersecurity — says it has been acquired by New York-based Mount Knowledge Holdings Inc. in a stock transaction. With the acquisition, Civergy has changed its name to Cybergy Partners Inc. In a statement, Cybergy Partners said it will remained focused "on providing products and services to build and protect the nation's critical information and energy infrastructure." The company says it…
  • Supreme Court to review EPA's power plant rules

    Wichita Business Journal
    26 Nov 2014 | 11:45 am
    The U.S. Supreme Court will consider several challenges utility companies have raised against new Environmental Protection Agency standards on power plants. The Wall Street Journal reports the rules in question require power plants to reduce emissions of mercury and other toxic pollutants. The report says the regulations are among President Barack Obama's signature environmental achievements. A decision is expected in June, a time when the Obama administration aims to complete a separate proposal…
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    Greensboro Business News - Local Greensboro News | The Business Journal of the Greater Triad Area

  • More data breaches expected this holiday season

    Brian Feldt
    26 Nov 2014 | 1:05 pm
    More data breaches are expected this holiday season, according to industry experts. "It's just a matter of when they're going to get hacked, not if," said Robert Twitchell in an International Business Times report. Twitchell is president and CEO of cyber-security firm Dispersive Technologies, and a cyber-warfare consultant for the U.S. Department of Defense. Attacks on businesses are growing at a faster clip, with crimes such as identity theft, stolen information and fraud costing the global economy…
  • Healthcare.gov kicks off better than last year, with more options for N.C.

    Jason deBruyn
    26 Nov 2014 | 12:58 pm
    The Obama Administration touted a good first week of Healthcare.gov, a stark contrast to last year's rollout, which had more than a few glitches. In the first week this year(Nov. 15-21) some 1.6 million people window shopped for a plan, 1 million submitted an application and 462,125 chose a plan. In North Carolina, shoppers will see more competition this year. Joining Blue Cross and Blue Shield of N.C. and Coventry Health Care of the Carolinas (part of Aetna) this year on the North Carolina marketplace…
  • Guilford rises in N.C. economic development tier designations

    Lauren K. Ohnesorge
    26 Nov 2014 | 12:48 pm
    Tier designations – which determine many of a county's economic development funding opportunities – have been issued across the state by the N.C. Department of Commerce, with Guilford County moving up a tier. "No matter where you live in North Carolina, our goal is to spark economic development and enhance job opportunities all across the state," said Commerce Secretary Sharon Decker in prepared statement. "The tier rankings help us in various economic development programs to attract businesses…
  • One of Triad's largest health systems returns to profitability

    Owen Covington
    26 Nov 2014 | 12:04 pm
    Cone Health saw a financial turnaround in its most recent fiscal year, posting an operating profit of $42 million just a year after losing nearly $48 million. The Greensboro-based health system outperformed its own estimates for the fiscal year that ended Sept. 30 while generating operating revenue of $1.4 billion, according to a disclosure related to the health system's bonds. When investment income is factored in, the health system ended the year more than $61 million in the black, even while…
  • Triad per capita income rises, but not by much

    James Ritchie
    26 Nov 2014 | 12:02 pm
    Per capita income in the Triad increased in 2013, but just barely. In Winston-Salem, per capita income grew 0.3 percent year-over-year to $37,943, according to a report from the Bureau of Economic Analysis. In Greensboro-High Point, it increased 0.2 percent to $37,092. In general, North Carolina's metros underperformed compared to the rest of the country, the Triangle Business Journal noted. Jacksonville had the highest per capita income, at $45,041, but still ranked only 77th in the U.S. Winston-Salem…
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    Honolulu Business News - Local Honolulu News | Pacific Business News of Honolulu

  • Kinsella leaves Burns & McDonnell to take job with Bureau Veritas

    Duane Shimogawa
    26 Nov 2014 | 1:52 pm
    Eamonn Kinsella, who had been the head of Burns & McDonnell's Pacific Region office in Honolulu, which opened a little more than a year ago, has left the Kansas City, Missouri-based engineering firm to take a similar position with Bureau Veritas. "I first said 'no' to this company [and] I wasn't ready to move, but something changed at Burns and there's a big job to be done with Bureau Veritas," the building trades industry veteran told PBN on Wednesday. "I think this is my last stop. I have the…
  • Hilton Grand Vacations Club's Hokulani Waikiki earns LEED certified status

    Jason Ubay
    26 Nov 2014 | 1:38 pm
    The U.G. Green Building Council has recognized Hokulani Waikiki by Hilton Grand Vacations Club for its sustainable design, construction and operations with a Leadership in Energy and Environmental Design certification. The 143-room timeshare resort at 2181 Kalakaua Ave. opened in December 2013. "Hokulani Waikiki was built and designed with a strong focus on honoring Hawaii's unique cultural heritage," said Kim Kreiger, senior vice president club and resorts for Hilton Grand Vacations, in a statement.…
  • Visitor arrivals and expenditures still on pace for record year

    Jason Ubay
    26 Nov 2014 | 1:22 pm
    Visitor arrivals increased 3 percent to 659,821 and total expenditures rose 2.2 percent to $1.14 million in October compared to the same month in 2013, according to monthly visitor statistics released by the Hawaii Tourism Authority. For the year, visitor arrivals are up 0.7 percent compared to the same time period last year to 6,879,749, and total expenditures gained 2.2 percent to $12.2 billion. "While we are still on track to surpass last year's record breaking numbers, the growth trend in visitor…
  • Keurig Green Mountain Inc. releases 100% Kona Coffee K-Cups

    Jason Ubay
    26 Nov 2014 | 1:07 pm
    Keurig Green Mountain, Inc., the makers of the K-Cup coffee system, released a special reserve 100 percent Kona coffee sourced from Greenwell Farms, the company announced Tuesday. The company had a limited run of the 100 percent Kona coffee last year and has offered it at other times in the past, a spokesperson said. Keurig Green Mountain purchased the coffee from Greenwell Farms in Kealakekua this year and last year. "The coffee is only available for a limited time (until it sells out)," the spokesperson…
  • Construction to begin on guideway of Honolulu's rail project over H-1

    Bill Cresenzo
    26 Nov 2014 | 2:45 am
    Lanes in sections of H-1 and H-2 near Leeward Community College will be closed at night beginning next week as workers begin building a section of Honolulu's $5.16 billion elevated rail guideway that will connect Waipahu to Pearl City, officials with the Honolulu Authority for Rapid Transportation said. The closures will occur on weeknights between 8 p.m. and 4 a.m., HART said. Up to four lanes could be closed each night for the next year. Workers with Kiewit Infrastructure West Co., which has…
 
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    Houston Business News - Local Houston News | Houston Business Journal

  • Kinder Morgan megadeal closes

    Jordan Blum
    26 Nov 2014 | 1:15 pm
    The megadeal to consolidate the Kinder Morgan family of companies closed as planned on Nov. 26. Founder, Chairman and CEO Rich Kinder succeeded in his push for Kinder Morgan Inc. (NYSE: KMI) to acquire Kinder Morgan Energy Partners LP (NYSE: KMP), Kinder Morgan Management LLC (NYSE: KMR) and El Paso Pipeline Partners LP (NYSE: EPB). The deal makes Kinder Morgan a single, publicly traded organization and no longer part of the master limited partnership structure that helped the Kinder fortune grow…
  • Former Enron CFO: ‘I wasn’t thinking this was fraud’

    Dan Mayfield
    26 Nov 2014 | 12:57 pm
    In 2001 the seventh-largest company in the U.S. blew up. One minute, Enron had $100 billion in revenue, and $1 billion in net profit, and the next it was bankrupt and thousands were out of work. On Nov. 24, the company's CFO, a guy who takes credit for much of what happened at Enron, Andy Fastow, spoke at the University of New Mexico as part of the Daniels Fund Ethics Initiative about what happened. Sign up for the free Energy Inc. Texas newsletter here and get the multistate Who's Who in Energy…
  • Houston companies often outgrow community banks, says Bank of America Houston president (Video)

    Suzanne Edwards
    26 Nov 2014 | 12:30 pm
    You may have heard that Texas business leaders like their Texan banks. The state has a decorated community lending history and is proud of it. But in light of a booming local economy, rampant consolidation in the banking sector and an onslaught of wealth management firms moving into Houston, large multinational, or bulge class, banks have a chance to redraw their roles in Houston. To better understand how a multinational bank positions itself in a growth market like Houston, I sat down with Hong…
  • HBJ's Afternoon Edition to resume Dec. 1

    Olivia Pulsinelli
    26 Nov 2014 | 12:30 pm
    Due to the Thanksgiving holiday, the Houston Business Journal's Afternoon Edition email news product will not be published on Thursday, Nov. 27 or Friday, Nov. 28. Look for the Afternoon Edition compilation of HBJ's local business news to resume on Dec. 1. Watch for breaking news over the holiday at HoustonBusinessJournal.com. Click here to subscribe to HBJ's Morning Edition or Afternoon Edition daily email news products. Click here to subscribe to the Energy Inc. Texas newsletter. The HBJ offices…
  • Year in Review: Rodeo and real estate news kick off January

    Olivia Pulsinelli
    26 Nov 2014 | 11:21 am
    As the holiday season gets into full swing, Houston Business Journal is kicking off its 2014 Year in Review coverage. Through the rest of the year, we'll be looking back at the biggest deals, trends and stories of the year. To start things off, we're taking a look at the top stories from January. Click through the slideshow for links to HBJ's top stories from January 2014. Once again, the Houston Livestock Show and Rodeo's annual entertainment announcement was the top story of the month.…
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    Jacksonville Business News - Local Jacksonville News | Jacksonville Business Journal

  • New bus system for a new time: JTA launches first route revamp in 30 years on Dec. 1

    Jensen Werley
    26 Nov 2014 | 12:08 pm
    On 2:45 a.m. Monday morning, many of the Jacksonville Transportation Authority will gather for breakfast. At 3:01 a.m., the first bus will leave the station, heralding in a new era for public transit in the city. The bus route optimization, a project long in the works for the JTA, is a complete restructuring of the city's bus system. "It's a transformation," said Leigh Ann Rassler, public relations manager for the JTA. Rassler, and many others, have been working around the clock to bring the new…
  • Victory Casino Cruises sees smooth sailing in first months

    Jensen Werley
    26 Nov 2014 | 12:02 pm
    Victory Casino Cruises, the new casino ship that came to Mayport this summer, has had a banner year. With over 50,000 passengers, regulars who have sailed 50 times since the ship's debut and a turnout that has been on par with its sister ship in Canaveral, the ship has hit smooth sailing. "We are right on course," said Victory CEO Lester Bullock in a statement. "We offer an unprecedented experience on any casino cruise — from gaming to dining and the overall customer service provided. We could…
  • The 26 best drinks in Jacksonville

    Andrew Thurlow
    26 Nov 2014 | 11:34 am
    Whether you prefer classy cocktails or a craft beers, h ere is a list of the top 26 drinks in town that should not be missed this holiday season, according to Visit Jacksonville. The list is organized by neighborhood, so feel free to rank them yourself. Cheers! Downtown 1. Dos Gatos: Stolen Fish 2. The Volstead: Baked Apple Sazerac 3. Mark's: Blue Long Island 4. River City Brewing Company: Red Rooster Ale Riverside 5. Intuition Ale Works: I-10 IPA 6. Bold City Brewery: Dukes Cold Nose Brown…
  • Video: A day at Black Hog Farm (Video)

    Colleen Michele Jones
    26 Nov 2014 | 11:31 am
    The good folks at Black Hog Farm recently invited the Business Journal out to their 40-acre ranch in East Palatka. They also took us on a tractor ride around the property, where hogs, donkeys, sheep and cattle coexist with turkeys, chicken and even an ornery ranch dog they call Roy. The Watkins family — Paul and Sharon and their two sons Aaron and Luke — showed us some of the natural farming methods they use to raise livestock, including their famous heritage variety black hogs. On the day we…
  • How one Jacksonville creator is using robotics to fuel innovation in students

    Colleen Michele Jones
    26 Nov 2014 | 11:28 am
    There are invaluable skills that can be learned in the toying and tinkering required to build custom robots. Things like problem-solving, programming, engineering and teamwork. They're the same skills Mark McCombs says Jacksonville's workforce needs more of in order to make the city a true "hotbed" of technology and innovation. To help meet that demand, McCombs, a multimedia artist and engineering whiz, has begun forming local robotics teams. His goal: to have FIRST Robotics teams in every school…
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    Kansas City Business News - Local Kansas City News | Kansas City Business Journal

  • Lathrop lawyer: one day, two Supreme Court wins

    Brianne Pfannenstiel
    26 Nov 2014 | 11:57 am
    It was an unexpectedly good day for Lathrop & Gage LLP associate Chad Blomberg. He got not one, but two favorable rulings from the Missouri Supreme Court on the first two cases he'd ever taken to the state high court. "As a young lawyer who's excited to see whether or not he was going to get a ruling in his first two Supreme Court cases, I was watching those hand-down dates every time," Blomberg said. "One was a little delayed when it came down, and then when they both came down it was kind of…
  • Missouri county prosecutor pleads guilty to stealing from elderly woman

    Brianne Pfannenstiel
    26 Nov 2014 | 11:44 am
    Richard Turner, who was re-elected Harrison County prosecutor earlier this month, pleaded guilty Wednesday to embezzling about half a million dollars from an elderly woman for whom he held power of attorney. Turner is a lawyer in Bethany. According to the plea agreement, he obtained power of attorney for his client, Dorothy Bush, in October 2004. In March 2011, Turner created a trust, naming himself as the trustee. He was not a beneficiary and was not authorized to make personal expenditures. One…
  • Chamber dinner brings out local business stars

    Brianne Pfannenstiel
    26 Nov 2014 | 11:32 am
    At an event that brings out Kansas City business luminaries year in and year out, the Greater Kansas City Chamber of Commerce got an early start on the new year on Tuesday night. The chamber, which celebrated its 127th anniversary, recognized the work that Chairwoman Roshann Parris, CEO of public relations firm Parris Communications Inc., put in during the year, including the addition of its next "Big 5" initiative— ensuring that every child in the greater Kansas City area is kindergarten-ready. RELATED:…
  • Barkley sets Cargill Turkey apart with 'Know Your Food' campaign

    Leslie Collins
    26 Nov 2014 | 11:12 am
    Thanksgiving is less than a day away, but advertising agency Barkley has been talking turkey for months. The Kansas City-based agency announced this week that it won the advertising, social media and public relations account for Cargill Turkey and Cooked Meats' Shady Brook Farms and Honeysuckle White brands. Cargill Turkey awarded the contract in March, but Barkley delayed a public announcement so it wouldn't tip off Cargill's competitors to new things in development, said Brad Hanna, executive…
  • YRC Worldwide exec will resign

    Leslie Collins
    26 Nov 2014 | 10:33 am
    YRC Worldwide Inc.'s executive vice president and general counsel is resigning. Michelle Friel, who has been with YRC for nearly 15 years, notified the company on Friday that she planned to resign, according to a Securities and Exchange Commission filing. Her resignation is effective on or before Jan. 2. Upon resignation, Friel will receive her monthly base salary of $36,416 for 18 months. In 2013, Friel earned $966,161, a decrease from $1,166,508 in 2012. As part of the agreement, she will also…
 
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    Los Angeles Business News - Local Los Angeles News | Los Angeles Business from bizjournals

  • ​Herbalife CEO boosts stake in company

    26 Nov 2014 | 11:59 am
    Herbalife Ltd. Chairman and Chief Executive Michael Johnson has increased his personal share in the beleagured nutritional products company, citing "complete confidence" in the company's future. Los Angeles-based Herbalife(NYSE: HLF), which is facing federal and state investigations over claims that it is operating a pyramid scheme, said Johnson exercised 750,000 stock options that were granted to him in December 2004 and were due to expire next month. "Because of his complete confidence in the…
  • Pending home sales continue to rise

    26 Nov 2014 | 11:58 am
    Pending home sales in California picked up the pace in October and rose for the second straight month, with the trend likely to continue through the rest of the year, according to the California Association of Realtors. Pending home sales, based on signed contracts, rose 2 percent in October from September, the first back-to-back increase since early this year, when pending sales rose for three straight months beginning in January, Los Angeles-based C.A.R. said. Compared with a year ago, pending…
  • Kinkisharyo inks deal to build light rail cars in the county

    26 Nov 2014 | 11:54 am
    After battling with labor groups over the past few years, Japanese company Kinkisharyo International LLC has agreed to a deal to maintain and expand its light-rail manufacturing facility in Los Angeles County. In 2012, the L.A. County Metropolitan Transportation Authority awarded Kinkisharyo a $890 million to build 175 light rail vehicles. As part of the deal, Kinkisharyo agreed to assemble light rail cars at a new facility in Palmdale. However, the company and local labor groups locked horns over…
  • Proposed California law would mandate double pay on Thanksgiving, Christmas

    Allen Young
    26 Nov 2014 | 11:49 am
    Every California worker would receive double pay on Thanksgiving and Christmas under legislation to be proposed by Assemblywoman Lorena Gonzalez. The bill takes aim at big-box stores and restaurants that are expanding holiday hours but also would apply to workers in other industries. Gonzales, a San Diego Democrat, roused the ire of business groups this year by successfully pushing a law to mandate that every employer provide three days of paid sick leave each year. The holiday pay bill, which…
  • Box-office preview: 'Mockingjay' to win over 'Penguins,' 'Bosses'

    Annlee Ellingson
    26 Nov 2014 | 10:29 am
    Last year at this time, Thanksgiving moviegoers devoured "The Hunger Games: Catching Fire" and the first weekend of "Frozen" in wide release, driving the titles to record box-office levels for the holiday frame. With "Mockingjay — Part 1" falling far short of its predecessor with a $122.0 million launch last weekend, this weekend won't reach 2013's levels, but there's still plenty of fare for hungry film fans to feast on. "Mockingjay" will top ticket sales again. "Catching Fire" slipped 30.5 percent…
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    Louisville Business News - Local Louisville News | Business First of Louisville

  • R&R Limousine Service gets positive feedback about its apps

    Rachel Aretakis
    26 Nov 2014 | 11:23 am
    Ride-sharing services such as Lyft and Uber are changing the way we think of taxis and chauffeur services. But they're not the only companies to use technology to make the transaction easier and more casual. Take, for example, Louisville-based R&R Limousine Service, which has begun offering a consumer app called iLivery. The app lets customers book reservations, track the limousine and make changes to the reservation. iLivery works for both the passenger and the person who made the reservation,…
  • Hikes Lane apartment complex sold and will be renovated

    Braden Lammers
    26 Nov 2014 | 10:55 am
    An 180-unit apartment complex off of Hikes Lane sold Tuesday for $4 million. Metropolitan Associates KY LLC, purchased Whitehall Terrace Apartments from Kastan Real Estate LLC and Myray LLC, according to documents on file with the Jefferson County Clerk's office. Kim Meehan and Louisa Lewandowski, investment sales associates with PRG Investments, represented the sellers in the deal. The buyers, Metropolitan Associates KY, who represented themselves, is made up of Thomas Greenwood III and Thomas…
  • What chefs like to eat can differ wildly from what they like to cook

    Caitlin Bowling
    26 Nov 2014 | 10:39 am
    With Thanksgiving less than 12 hours away, I thought the most appropriate information to share about the chef's Business First is profiling this Friday was what the food they most like to make and to eat. We posed both questions to the chefs and got a variety of answers. Their favorite foods to make tended to be more complex dishes, but what they like to eat was sometimes more simple. St. Charles Exchange executive chef Mark Ford, for example, said he enjoys making hasenpfeffer, a.k.a. rabbit stew.…
  • It was another good quarter for the nation's banks

    Braden Lammers
    26 Nov 2014 | 10:35 am
    Nationwide, profitability has improved for institutions insured by the Federal Deposit Insurance Corp. According to the FDIC quarterly banking report released this week, earnings totaled $38.7 billion in the third quarter, up 7.3 percent from a year earlier. The FDIC collected data from 6,589 banks nationwide for the report. "The banking industry had another positive quarter," FDIC chairman Martin J. Gruenberg said in the report. "Community banks, in particular, performed better than a year ago.…
  • Anthony Lamas goes to Washington (to lobby)

    Caitlin Bowling
    26 Nov 2014 | 10:06 am
    Seviche, A Latin Restaurant owner Anthony Lamas will lobby on Capitol Hill on Tuesday. Dec. 2. The topic: mandatory labeling for genetically engineered foods. Lamas, along with more than two dozen other prominent chefs and U.S. Sen. Jon Tester (D-Montana) will present a petition addressed to Congress and signed by 500 chefs, according to a news release. The petition asks congressional leaders to pass legislation that would require food manufacturers to label items that have been genetically modified. Currently,…
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    Memphis Business News - Local Memphis News | Memphis Business Journal

  • Ad Council, Stephen Colbert honor FedEx's Fred Smith

    Greg Akers
    26 Nov 2014 | 12:30 pm
    FedEx Corp. chairman and CEO Fred Smith was feted at the 61st annual Ad Council Public Service Award Dinner last week. The 70-year-old corporate leader and Memphian was given the 2014 Public Service Award for Personal and Corporate Commitment to Philanthropy. Stephen Colbert, host of Comedy Central's "The Colbert Report," emceed the event. You can see a video of Colbert's funny opening remarks, courtesy of Adweek, below. When he got to the subject of Smith, Colbert said, "Give it up for Fred. Fred…
  • Bass Pro seeks permit for 13 bowling lanes in Pyramid

    Ryan Poe
    26 Nov 2014 | 10:32 am
    Bass Pro Shops has applied for a $600,000 permit to build an underwater-themed bowling alley in the Downtown Memphis Pyramid. The retailer, which is spending well over $180 million to convert the Pyramid into its largest outdoors-themed center in the U.S., plans to install 13 Brunswick bowling lanes, 13 pinsetters and 13 pieces of computer scoring equipment, according to the public permit. The opening date for the bowling alley, along with the rest of the center, was recently pushed back to May…
  • Freed-Hardeman pulls plug on Bill Cosby, names new keynote speaker

    Ryan Poe
    26 Nov 2014 | 10:10 am
    In the wake of multiple rape accusations, Freed-Hardeman University has canceled Bill Cosby's speaking engagement at its 50th anniversary benefit dinner. Cosby, a well-known TV star and comedian who has recently faced new and resurfacing rape allegations, was scheduled to speak to some 2,800 attendees Dec. 5 at FHU's campus in Henderson, Tennessee, about an hour-and-a-half drive from Memphis. "As important as this event is to our students, we know that names we have seen in the media represent…
  • Conway Services plans to add new branches, create 20+ jobs

    Ryan Poe
    26 Nov 2014 | 9:24 am
    Conway Services is looking to acquire smaller businesses in the Memphis area as it expands its footprint with branches in North Mississippi and Jackson, Tennessee. The heating, air conditioning and pluming company, which is a subsidiary of Memphis-based American Residential Services LLC dba ARS/Rescue Rooter, plans to open in either Southaven or Olive Branch, Mississippi, in late 2015, and in Jackson in 2016. Together, those locations will create 20 or more jobs, said general manager John Conway,…
  • Study finds narrow margin between hospital rankings

    Ed Arnold
    26 Nov 2014 | 9:19 am
    A new study sponsored by the RAND Corporation finds that the differences between above-average and below-average hospitals is almost too narrow to count. Regularly, hospitals are ranked by public report card designers like U.S. News & World Report, who hope to shine some light on each hospitals' overall performance to consumers, but the RAND study shows that the devil is really in the details. "Across the six outcomes, 1.3 percent to 6.1 percent of hospitals were classified in the top tier. Each…
 
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    Milwaukee Business News - Local Milwaukee News | The Business Journal of Milwaukee

  • Brass Rooster's new hat shop for women moves ahead after relocation

    Rob Gebelhoff
    26 Nov 2014 | 12:39 pm
    The Brass Rooster, Bay View's haberdasher and custom hat maker, has opened its recently relocated headquarters and is working on developing a new millinery shop exclusively for women called The Hen House. "Things are wonderful," said Kate McLaughlin, who co-owns the business on Milwaukee's south side with her husband John. "The big change is we have space to move around." The two shops, which are next door to one another, sit in the building that formerly was home to Boulevard Playhouse at the…
  • Dynamo Peter Feigin scores early for Bucks, will play the point on arena project

    Rich Kirchen
    26 Nov 2014 | 12:00 pm
    During my first interview with Peter Feigin at courtside before a Milwaukee Bucks home game, Bucks co-owner Marc Lasry stopped by and greeted Feigin. The two did a "bro-hug" and chatted for a minute before we resumed the interview for a profile on Feigin in Friday's Milwaukee Business Journal print edition. The embrace was one example of the mutual admiration that developed between Lasry and Feigin in the years before the Bucks hired Feigin as team presiden t in October. Lasry and Feigin met some…
  • New way for Chicago Cubs fans to get a piece of Wrigley

    Lewis Lazare
    26 Nov 2014 | 11:48 am
    The Chicago Cubs are calling it the Wrigley Field Collection. That's an expensive-sounding name for a variety of things being removed from Wrigley Field and put on sale to the public as the iconic ballpark is in the early stages of a multi-year, $575-million renovation and expansion. The Collection, as its been dubbed, includes items such as bleacher seats, "W" flags (that's "W" as in "win") flown following Cubs at-home wins, scoreboard tiles and even aisle markers — the kind of stuff that some…
  • Highest-paid executives: Part II of the top 100 at Milwaukee area-based public companies: Slideshow

    Barb Zaferos
    26 Nov 2014 | 11:33 am
    The List this week reveals the second half of the always popular list of 100 highest-paid executives at publicly held companies based in the seven-county Milwaukee area. Those executives that landed in the second tier (51-100) all had a total compensation package for their company's latest fiscal year of $1.08 million or greater. The executive in the No. 51 slot of the list reaped $2,231,164 from his total compensation package. Check out the attached slideshow to see eight of the next nine on this…
  • Two major business parks await December votes on Racine County border deal

    Sean Ryan
    26 Nov 2014 | 10:36 am
    Mount Pleasant and Sturtevant in early December will review a border agreement to pave the way for more than 3 million square feet of new industrial development in two business parks. The agreement covers land on both sides of Durand Avenue near Highway H. It would open hundreds of acres to join the blitz of industrial development along Interstate 94 between Milwaukee and the Illinois state border. "There are a lot of eyes out in the Chicago market that are keeping close watch on what's going on…
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    Minneapolis Business News - Local Minneapolis News | The Minneapolis / St Paul Business Journal

  • Verdant Tea will open a bigger tea room in 2015, original location sold

    Clare Kennedy
    26 Nov 2014 | 12:23 pm
    The owners of Verdant Tea have sold their tea room and restaurant on East Franklin Street in Minneapolis, and will be opening a new, larger teahouse and brewery a few blocks south. "Our Seward location has been an incubator for a number of businesses since we first opened in July of 2013—a bar, a restaurant, a teahouse, a shop, a wholesale operation and a space for our bottled beverages—but it's necessary now to give each of those businesses even more room to breathe and meet growing demand,"…
  • Flights head back on track at MSP after snow clears (Video)

    Katharine Grayson
    26 Nov 2014 | 12:23 pm
    Snow delayed a few dozen flights out of Minneapolis-St. Paul International Airport on Wednesday morning, but clearing skies should improve air travel heading into the Thanksgiving weekend. The airport was busy this morning, but most travelers take evening flights, said Metropolitan Airports Commission spokesman Patrick Hogan. Sunday will likely be the busiest day of the weekend at the airport. Minnesota travelers heading out of town by road had a tough time this morning, thanks to snow and rain…
  • Medicare will pay $502 a pop for Mayo's at-home colon cancer test

    Katharine Grayson
    26 Nov 2014 | 11:43 am
    Medicare has set a reimbursement rate of $502 for the Cologuard at-home colon cancer test developed by Mayo Clinic and Exact Sciences Corp. Madison, Wis.-based Exact Sciences partnered with Mayo gastroenterologist Dr. David Ahlquist to develop the product, which tests stool samples for DNA mutations and blood biomarkers that indicate a patient may have cancer. The Centers for Medicare and Medicaid Services previously announced it would cover the test, though it didn't reveal a final reimbursement…
  • Kings Wine Bar changes hands

    Clare Kennedy
    26 Nov 2014 | 11:05 am
    Kings Wine Bar is under new ownership. Michael and Nu Zosel purchased the south Minneapolis business from founders Molly Duffin and Samantha Loesch in late October. Duffin and Loesch opened the eatery at the corner of 46th Street and Grand Avenue in 2009. Michael Zosel did not disclose the terms of the deal. The couple work for a medical technology company, but became interested in owning a restaurant after Nu Zosel got a crash course in the business from her niece, Jamie Inzunza, a successful…
  • State cancels HexFuel job subsidy over delay; company eyes Minneapolis instead of Hastings

    Sam Black
    26 Nov 2014 | 11:01 am
    A company that promised 150 to 300 jobs for the city of Hastings has scrubbed its plans for that city and lost a $740,000 grant announced in April from the Minnesota Department of Employment and Economic Development. Hexfuel, described "as a Maplewood startup" in the April press release from Gov. Mark Dayton's office, didn't break ground on the $10 million factory it planned in Hastings within the required six month period, so the state rescinded its Minnesota Job Creation Fund award, according…
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    Nashville Business News - Local Nashville News | The Nashville Business Journal

  • Working the Room: The latest to join the academy

    26 Nov 2014 | 12:30 pm
    Working the Room features business and networking photos from across Nashville. Today's edition, available in the slideshow with this story, features The YWCA of Nashville & Middle Tennessee hosted its 23rd annual Academy for Women of Achievement celebration and induction dinner, an event hosted by Junior Achievement of Middle Tennessee to honor Jack Bovender Jr., retired chairman of HCA Holdings Inc. and more.
  • Fed data: Bank deposits fall in October

    Scott Harrison
    26 Nov 2014 | 12:29 pm
    Deposits at U.S. commercial banks fell in October, dropping by an annualized rate of 7.1 percent, according to a report by SNL Financial based on a recent Federal Reserve data. Average deposits among U.S. commercial lenders was $10.3 trillion in October, according to the report. Fed data indicates loans and leases held by U.S. commercial banks averaged $7.8 trillion in October, up 5.2 percent on an annualized basis. Meanwhile, at the close of the third quarter in September, Nashville-based banks…
  • FAA drone rules expected to disappoint; may require pilot license, training

    26 Nov 2014 | 11:31 am
    Rules governing the commercial use of drones, under development by the Federal Aviation Administration, are expected to be more restrictive than those the industry is seeking, according to a report from the Wall Street Journal. The report, which cites sources familiar with the rule-making process, says it's likely the FAA will require drone operators to secure a license, limit flights to daylight hours, fly at an altitude of less than 400 feet and keep the drone in sight of the person at the controls. Drone…
  • SunTrust's Nashville chief says business lending jumped in year's second half

    Scott Harrison
    26 Nov 2014 | 10:15 am
    SunTrust Bank, Nashville's third-largest bank by local deposits, has had a strong uptick in commercial lending in Middle Tennessee during the second half of 2014. Nashville market president Rob McNeilly told me yesterday that there has been double-digit loan growth at the bank this year, which falls in line with what's happening at SunTrust's regional bank peers in Middle Tennessee and the larger Nashville-based banks so far this year. Throughout the year, more local bankers have pointed to improved…
  • Nashville’s hotel rates are the fastest growing in the nation

    Scott Harrison
    26 Nov 2014 | 9:13 am
    Hotel rooms in Nashville are getting pricier. Two key measures for the hotel industry — daily hotel rates and revenue per available room — grew faster in Nashville in October than any of the nation's top 25 markets in the past year, according to a new report by Hendersonville-based hotel research firm STR. In STR's data on the 25 largest hotel markets in the U.S., Nashville's hotel industry posted the strongest gains in revenue per available room, climbing 23.4 percent during the past year…
 
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    Orlando Business News - Local Orlando News | The Orlando Business Journal

  • Sea Life Orlando installs 360-degree tunnel at I-Drive 360

    Richard Bilbao
    26 Nov 2014 | 9:22 am
    Sea Life Orlando Aquarium is slowly coming together at the $200 million I-Drive 360 entertainment complex. On Nov. 26, the marine attraction revealed that it has installed the 360-degree viewing tunnel guests will experience come next year. The tunnel will be glass-encased, allowing guests to walk through a massive aquarium built around them and see marine and plant life at the attraction. Check out a picture of the tunnel and a rendering of what it will look like upon completion above. The tunnel…
  • Construction bid alert: Orlando's Merita facility to make way for truck sales/maintenance center

    Jim Carchidi
    26 Nov 2014 | 7:31 am
    After two years of vacancy and silence, things are moving quickly for Orlando's Merita Bread facility. The property, which closed in November 2012 after the bankruptcy of parent company Hostess Brands Inc., was bought by Maudlin International Trucks in early November 2014. Plans for the demolition of the 50-year-old Merita facility are now in the works with a tentative production schedule in place. "Our timetable isn't 100 percent accurate, but nonetheless, we are accepting demolition quotes at…
  • Orlando City Soccer Club preps for upcoming MLS drafts

    Richard Bilbao
    26 Nov 2014 | 7:16 am
    The next couple of months are critical for Orlando City Soccer Club's 2015 debut season — it's draft time. The new Major League Soccer team, which already has signed Brazilian soccer star Kaká, will take part in many upcoming player drafts that will allow the team to put together the roster it will put on the field to compete come next spring. It's a vital two months of prospecting and decision-making that can make or break the Orlando team's first season. The MLS has put together a list of…
  • Del Monte dishes out top states for green bean casserole lovers

    Megan Ribbens
    26 Nov 2014 | 6:59 am
    Which states will consume the most green been casseroles this Thanksgiving? Florida is one of the top, according to Del Monte Foods. The Del Monte Green Bean Index surveyed 1,500 Americans and ranked the top 20 states where the green bean casserole is most popular. The Sunshine State was ranked No. 7 and the survey said Florida residents like to add mushrooms to the recipe, as 25 percent name that as their favorite secret ingredient. Meanwhile, nationwide, bacon was the most popular secret ingredient. The…
  • 900 jobs up for grabs at career fair next week

    Megan Ribbens
    26 Nov 2014 | 6:57 am
    Job News is kicking December off with plenty of opportunities for job seekers — roughly 900 openings, to be exact. About 30 major companies in Central Florida will be a part of job fair on Dec. 2 at the DoubleTree by Hilton Orlando SeaWorld at 10100 International Drive. Open positions range from industries such as construction to customer service, retail, restaurants and sales. Some of the companies participating in the job fair include: Coastal Mechanical, which is hiring for 60 construction…
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    Philadelphia Business News - Local Philadelphia News | The Philadelphia Business Journal

  • Philadelphia Union adding a beer garden and 'official apple sauce' for 2015 soccer season

    John George
    26 Nov 2014 | 10:45 am
    The Philadelphia Union will have an official apple sauce next season, along with a beer garden, at its Chester, Pa., soccer stadium as a part of a trio of new sponsorship deals it has signed. The soccer club said Wednesday it has formed new multiyear corporate partnerships for the 2015 season with three new sponsors: Dogfish Head Brewery, Musselman's and Delaware Express. Dogfish Head Brewery in Milton, Del., will open a beer garden at PPL Park as part of its partnership, which also includes in-stadium…
  • American Heart Association chooses Philadelphia for its 2019 convention

    Francis Hilario
    26 Nov 2014 | 10:00 am
    The American Heart Association has selected Philadelphia as the host city for its 2019 annual meeting, which would be one of the largest citywide conventions the city has booked. Citing the new work rules put in place earlier this year, the association has selected the Pennsylvania Convention Center to holds its convention that will take place on Nov. 16-20, 2019, which is expected to fill more than 51,000 hotel room nights and generate more than $67 million in economic impact for the region. It…
  • Local restaurateurs stand behind closing on Thanksgiving

    Francis Hilario
    26 Nov 2014 | 10:00 am
    Not feeling the pressure of staying open during a time when retailers are deciding to open their doors earlier on Thanksgiving, some of Philadelphia's restaurants are keeping with the tradition of staying closed on Turkey Day. "It seems like Thanksgiving is morphing into a shopping day," said Dave Magrogan, owner of Kildare's Irish Pub. "As retailers start opening on 8 p.m., which was previously unheard of, that will drive how restaurant's move and what restaurants do. … [but] I'm still a big…
  • Philadelphians paying less for Thanksgiving than national average

    Francis Hilario
    26 Nov 2014 | 9:15 am
    Those celebrating Turkey Day in Philadelphia are paying less for their meals than the rest of the country, according to a new report. The average Thanksgiving meal will cost $46.41 in Philadelphia, which is at least $3 less than the national average, according to a report by City Controller Alan Butkovitz. The lower average cost is mainly due to residents paying approximately $19.44 for a 16-pound turkey, $2.21 less than the national average of $21.65. Here's other traditional fixings that Philadelphians…
  • Unisys gets $19M contract with Justice Department

    Lauren Hertzler
    26 Nov 2014 | 8:45 am
    Information technology company Unisys Corp. has been selected by the Department of Justice to upgrade the National Criminal Justice Reference Service systems. The new three-year contract is worth up to $19 million, the Blue Bell, Pa.-based company said Tuesday. Unisys will advance NCJRS by moving its Web services to a "secure cloud environment," a press release explained. The upgrade will also provide shared Web services managed through a common Web content management system. NCJRS is used by the…
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    Phoenix Business News - Local Phoenix News | The Business Journal of Phoenix

  • Tempe names developer for Hayden Flour Mill project

    Eric Jay Toll
    26 Nov 2014 | 1:53 pm
    A team led by Baum Development has been awarded the city of Tempe contract to redevelop the Hayden Flour Mill at the corner of Mill Avenue and Rio Salado Parkway. The five-acre project is a lease purchase and will preserve the existing grain elevator and four-story building, adapting it to a new use. Baum is partnered with Aparium Hotel Group, SmithGroupJJR and Sundt Construction. Three other teams bid for the project. Baum Development is a Chicago-based real estate developer with a specialty in…
  • Arizona, Phoenix rank among slowest housing markets

    Mike Sunnucks
    26 Nov 2014 | 1:50 pm
    Arizona and the Phoenix metro region both rank among the slowest housing markets in the U.S., according to a new report from Freddie Mac (FMCC). The monthly report came out today and looks at September housing, mortgage and employment data. Arizona ranks 45th among U.S. states and the District of Columbia, Phoenix ranks 39th among the largest 50 U.S. markets. Employment indicators both statewide and around Phoenix are lagging the national job market. Two-thirds of Phoenix borrowers and 69 percent…
  • Seventh Street infill development sold for $6.1 million

    Mike Sunnucks
    26 Nov 2014 | 1:13 pm
    An infill shopping center that was previously a Methodist Church and school built in the 19th century at Seventh Street and Osborn Road has been sold for $6.1 million. The Old School 07 center is now home to a Starbucks (SBUX), Buffalo Exchange and Taco Guild, which is located in the former church building. Phoenix-based Wetta Ventures sold the 9,300-square-foot retail center for $656 per square foot. The buyer was Beverly Hills-based Old School Property LLC. CBRE Groups' Joe Compagno represented…
  • Succession planning: When to turn down that offer you can't refuse

    Eric Jay Toll
    26 Nov 2014 | 1:11 pm
    Family businesses or any closely held business needs to start succession planning practically after opening the doors. Of course, it's one of the last things on the mind of the new entrepreneur, but how a business is passed from the founder or current owner to the next has a big impact on lifestyle, taxes and the value of the business itself, said Jason Miller, market manager and regional director of financial planning for BMO Private Bank. "It can take five or more years to put a succession plan…
  • How to bring Zen leadership to Thanksgiving dinner

    Pete Walsh
    26 Nov 2014 | 1:01 pm
    I find it ironic that the one holiday intended to help us stop and be grateful can be such a source of anxiety for families. It doesn't have to be that way. Most of the anxiety comes from our inherent displeasure or discontent with others' personalities, styles and personal preferences. Clients often ask me, "How can I be my authentic self when I don't really like some of the people at the family dinner?" I encourage them to take a bigger perspective. While we don't always have appreciation and…
 
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    Pittsburgh Business News - Local Pittsburgh News | The Pittsburgh Business Times

  • Moving? Bellhops is expanding its tech-driven service in Pittsburgh

    Justine Coyne
    26 Nov 2014 | 12:34 pm
    While moving into a new home can be an exciting experience, nothing quells the excitement quite like the actual act of moving your personal items and furniture from one location to another. Enter Bellhops, an Uber-like service that provides help to get your things from point A to point B. The Chattanooga, Tenn.-based startup quietly entered the Pittsburgh market in July. But after raising $6 million recently, Matt Patterson, chief operating officer at Bellhops, said the company is looking to build…
  • EPA proposes new smog rules

    Sam Kusic
    26 Nov 2014 | 12:09 pm
    The U.S. Environmental Protection Agency's proposed smog rules likely would cost jobs and may be impossible to implement, according to Jack Gerard, president and CEO of the American Petroleum Institute. "Careful review of the science shows that the current standards already protect public health. Tightening these standards could be the most expensive regulation ever imposed on the American public, with potentially enormous costs to the economy, jobs, and consumers," he said in a statement. "Tightened…
  • Pittsburgh International Airmall to open to the public for one-day event

    Sam Kusic
    26 Nov 2014 | 11:55 am
    Pittsburgh International Airport's Airmall will be open to the public on Dec. 6., the Allegheny County Airport Authority announced Wednesday. The shopping mall inside the airside terminal usually is open only to travelers with boarding passes. However, the authority said it was able to work out a one-day exception with the Transportation Security Administration. "It's really an effort to give local stakeholders the opportunity to see what's going on at the airport without having to be traveling.…
  • RIDC sells Pittsburgh Technology Center building

    Justine Coyne
    26 Nov 2014 | 11:49 am
    The Regional Industrial Development Corporation announced Wednesday it has sold its Pittsburgh Technology Center building at 2000 Technology Drive to Tech Drive Partners LLC for an undisclosed amount. The building sites on 3.86 acres and contains 200 parking spaces, according to RIDC. It is fully occupied with multiple tenants that include the Pittsburgh Technology Council and Catalyst Connection. The building was an early catalyst for the Pittsburgh Technology Center redevelopment. The building…
  • PNC's Demchak exercises stock options for $2.5M pretax

    Patty Tascarella
    26 Nov 2014 | 11:35 am
    William Demchak, chairman, president and CEO of PNC Financial Services Group Inc. realized about $2.5 million before taxes in his largest transaction since taking the helm in April 2013, according to a U.S. Securities and Exchange Commission filing. According to the filing, Demchak exercised options on 110,000 shares of stock at $65.45 per share on Nov. 24 and then conducted a direct sale of the shares, which were trading at $87.95 per share. PNC (NYSE:PNC) declined comment. It gives a snapshot…
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    Portland Business News - Local Portland News | The Portland Business Journal

  • Portland creative agency Downstream surges as clients open new offices

    Malia Spencer
    26 Nov 2014 | 12:58 pm
    Tim Larson's creative agency, Downstream, has grown at a significant clip since January, driven by the recovering U.S. economy and growth with international clients. His team is now roughly 90 people, up 65 percent since January. "That sort of growth is not typical," said Larson, design principle at Downstream. "I'm not sure it will repeat next year, but we see our regular growth pattern of 15 to 20 percent and anticipate that for next year's growth." The company specializes in office and environmental…
  • The reason behind a $10M boost to Legacy Health's financial health this year

    Elizabeth Hayes
    26 Nov 2014 | 12:45 pm
    As I was researching hospital finances for last week's cover story, I learned about an anticipated $10 million boost to Legacy Health's ledger this fiscal year. It turns out that the funds are an unrestricted award from the Centers for Medicare & Medicaid Services. The reason is that Legacy got to the top level of implementing electronic health records at its six-hospital system. It all goes back to the U.S. government's stimulus package in 2009. The Centers for Medicare and Medicaid Services at…
  • Meet 10 Portland designers that make the city's coolest office spaces (Photos)

    Jon Bell
    26 Nov 2014 | 11:23 am
    Pet portals. Drop-down ceiling monitors. Spa-like showers. Million-dollar mountain views. Some of the coolest office spaces in Portland, which the Business Journal has cataloged in our Cool Spaces collection of photo galleries, feature amazing amenities that are enough to give just about anyone a little office envy. Click through the gallery to meet 10 of Portland's top office designers — and see projects they've worked on Beyond the cool factor, though, the best office designs also dig…
  • Paul Allen bankrolls a federal lawsuit to limit coal mining

    Steve Wilhelm
    26 Nov 2014 | 10:55 am
    Microsoft co-founder Paul Allen is making a big investment in fighting climate change, by bankrolling a lawsuit that aims to limit coal mining on federal lands. The lawsuit, filed Tuesday by Friends of the Earth and the Western Organization of Resource Councils against the Department of the Interior's Bureau of Land Management (BLM), is being completely financed by the Paul G. Allen Family Foundation. In an opinion piece entitled "This land is our land" published by the Huffington Post Monday,…
  • Tater Tots no more: DADO Labs unveils new name, new partner

    Malia Spencer
    26 Nov 2014 | 10:23 am
    Portland design firm Tater Tot Designs is officially dropping its name and taking up the identity of its product DADO. The DADO platform is hardware and software that integrates with existing home electronics allowing incumbent brands to add intelligence to their products and create connected devices. The devices communicate either by bluetooth or WiFi with an accompanying free mobile app. By partnering with DADO those brands don't have to invent their own platform and can easily use DADO's technology,…
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    Raleigh Business News - Local Raleigh News | The Triangle Business Journal

  • Image of the day: November rain

    John West
    26 Nov 2014 | 11:57 am
    A parking lot along Glenwood Avenue depicts the meteorological forecast for Nov. 26, the day before the Thanksgiving holiday, which called for continued showers and lower temperatures into Thanksgiving Day.
  • Chatham Park backers fire back against Pittsboro Matters

    Lauren K. Ohnesorge
    26 Nov 2014 | 11:51 am
    A new motion has been filed in a zoning challenge to the 7,120-acre development planned for Pittsboro – and this time it's the investor group behind the project that's throwing the legal punches. Chatham Park Investors, which, according to the N.C. Secretary of State's website has the same management as Preston Development Co., is fighting back against a community group that has filed a lawsuit against the plan. The private development company, which submitted the master plan for the Chatham Park…
  • N.C. pension fund assets valued at $88.4B, down from $90.1B

    Lauren K. Ohnesorge
    26 Nov 2014 | 10:47 am
    North Carolina's pension fund returned 9.4 percent for the 12 month period ending September 30, but lost 1 percent for the third quarter of 2014. That's according to a new report coming out of Treasurer Janet Cowell's office. Pension fund assets were valued at $88.4 billion at the end of the quarter, down from $90.1 billion at the end of the fiscal year. "North Carolina's pension continue to be solid and that's good news for the families depending on it," Cowell says via prepared statement. "The…
  • Healthcare.gov kicks off better than last year, with more options for N.C.

    Jason deBruyn
    26 Nov 2014 | 10:42 am
    Heading into Thanksgiving, the Obama Administration touted a good first week of healthcare.gov, a stark contrast to last year's rollout which had more than a few glitches. In the first week this year(Nov. 15-Nov. 21) some 1.6 million people window shopped for a plan, 1 million submitted an application and 462,125 actually chose a plan. In North Carolina, shoppers will see more competition this year. Joining Blue Cross and Blue Shield of North Carolina and Coventry Health Care of the Carolinas (part…
  • House-Autry grits maker expands product line for 2014 holiday season

    Dawn Wallace
    26 Nov 2014 | 10:40 am
    The makers of House-Autry Mills Inc. grits in Four Oaks are taking steps to make sure their product is on the table this holiday season. It's not just a Southern breakfast food anymore. The 200-year-old company has expanded its line of dinner grits to include cheddar cheese and roasted garlic and herb flavors in September. Sold in 37 states, the number of store the grits are sold in has grown by 30 percent in the last two years to 13,000 stores. Read: Talking turkey: North Carolina's role in the…
 
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    Sacramento Business News - Local Sacramento News | The Sacramento Business Journal

  • Sacramento mayor to convene committee on minimum-wage issue

    Allen Young
    26 Nov 2014 | 1:51 pm
    Sacramento Mayor Kevin Johnson plans to convene a working group next year to explore the possibility of raising Sacramento's minimum wage above the $9 an hour required under state law. Johnson declared his support last month for raising the federal minimum wage to $10.10 an hour – the amount championed by President Obama. But in remarks at Tuesday's City Council meeting, the mayor stopped short of saying he thought Sacramento should set its own minimum. Instead, Johnson argued that further study…
  • Your guide to five days of shopping and giving

    Sonya Sorich
    26 Nov 2014 | 1:12 pm
    Each of the five days between Friday and Tuesday has a name, but the catchy labels aren't only references to shopping. Here's a guide for what to expect. Black Friday This year's big Black Friday news is that there's a growing consensus that deals advertised on the big shopping day might be overrated. Plus, many experts say Black Friday is now actually Thanksgiving, since major retailers such as Wal-Mart are starting their sales earlier than ever. Small Business Saturday This shopping holiday,…
  • Buzz Oates leases over 400,000 square feet in two deals

    Ben van der Meer
    26 Nov 2014 | 1:00 pm
    The Buzz Oates Group of Cos. has signed a pair of leases that absorbs more than 400,000 square feet of industrial space in the capital region. The larger of the two leases went to Rex Moore Electric. The company expects to move into 260,000 square feet at 8825 Elder Creek Road around Jan. 1. Zac Sweet, first vice president at Buzz Oates, said the company currently occupies about 150,000 square feet at other Buzz Oates properties on short-term leases. This lease, signed earlier this month, represents…
  • Two Sacramento hackathon startups advance to global competition

    Mark Anderson
    26 Nov 2014 | 12:43 pm
    Two of the teams that formed at Startup Weekend Sacramento Women's Edition earlier this month have advanced to join an international startup competition. The local teams behind Dash-Bar and Bark will compete in the Global Startup Battle, a nonprofit venture sponsored by Google, among other companies. The contest pits startups from around the world to get views on their videos and to earn votes from judges. Voting begins Wednesday afternoon and continues through Dec. 3. Dash-Bar is an app and hardware…
  • Green space, other features detailed for planned arena tower

    Ben van der Meer
    26 Nov 2014 | 12:21 pm
    The official application and associated renderings for the 16-story tower next to the future arena in Sacramento shows quite a bit of green space on a vertical, steel structure. A handful of renderings included in the application show an entry-level garden area; garden terraces for hotel, office and special-event spaces; an edible garden on the fourth floor; planted balconies and gardens for the residential units on upper floors. Slideshow: Renderings for tower next to arena Those features…
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    St. Louis Business News - Local St. Louis News | The St. Louis Business Journal

  • New Yorker’s Ferguson cover shows black and white Arch

    Jacob Kirn
    26 Nov 2014 | 11:15 am
    The New Yorker's Dec. 8 cover will feature a disconnected Arch that's white on its south leg and black on its north. In the wake of Michael Brown's shooting death, the region has received an overwhelming amount of negative press, the subject of this week's Business Journal cover story, which will be published Friday. Bob Staake, who lived in St. Louis for 17 years before moving to Massachusetts, designed the cover for the magazine. "At first glance, one might see a representation of the Gateway…
  • Pat Sajak wants to make deals with St. Louisans

    Angela Mueller
    26 Nov 2014 | 11:12 am
    Pat Sajak — yes, that Pat Sajak — is working to bring a new daily deals business to the St. Louis market. The TV game show host is seeking franchisees for his latest venture, Great American Deals, a company that Sajak said differs from the large daily deal sites such as Groupon and LivingSocial due to its hyper-local approach. "It's no secret that the daily deal market is flooded," Sajak said. "We're trying to make this unique by stressing the local angle." Great American Deals is seeking…
  • Social media fuels growing push to boycott Black Friday following grand jury decision

    Kelly Moffitt
    26 Nov 2014 | 11:06 am
    Nationwide calls to boycott Black Friday and for consumers to "protest with you money" are growing following the grand jury's decision not to indict Darren Wilson in the shooting death of Michael Brown. Several Facebook pages have emerged calling for shoppers to push for change by boycotting Black Friday shopping. Most have been pushing for the boycott since early this fall, but efforts to get consumers to quit spending on the day in protest have intensified since Monday. Users on social media…
  • Slideshow: Artists breathe life into boarded windows on South Grand

    Kelly Moffitt
    26 Nov 2014 | 10:45 am
    Tuesday morning on South Grand Avenue was a scene of shattered glass and somber wooden boards over shop windows. Wednesday saw customers bustling in and out of brightly-painted store and restaurant facades. Yesterday and into Wednesday morning, local artists painted the boards covering businesses that incurred damage during Monday night's protests that took place up and down Grand in south St. Louis. "Why? We need our jobs," was a common refrain painted on boarded windows along the street in regard…
  • RotoMetrics acquired by Sentinel Capital Partners

    Joe Dwyer
    26 Nov 2014 | 10:38 am
    RotoMetrics, a Eureka-based global provider of precision rotary tooling and accessories, has been acquired by private equity firm Sentinel Capital Partners. Terms of the deal were not disclosed. RotoMetrics had been owned by Morgenthaler Private Equity. Bob Spiller, CEO of RotoMetrics, will stay on with the company. While under the ownership of Morgenthaler, RotoMetrics invested in equipment, expanding its manufacturing presence in Europe and Asia, and realigning its global organizational structure. "Sentinel's…
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    San Antonio Business News - Local San Antonio News | The San Antonio Business Journal

  • Will you use Apple Pay to make holiday purchases?

    James Aldridge
    26 Nov 2014 | 12:48 pm
    Every holiday season, consumers are often warned about the dangers and pitfalls associated with holiday spending. This year is no different. But for a number of retailers, this shopping season will be different because of the advent of Apple Inc.'s new iPhone 6 mobile device. As part of the rollout of the new smartphone, the Cupertino, California-based company also debuted its Apply Pay service, which enables consumers to make purchases using their iPhone 6, iPhone 6 Plus, iPad Air 2 and iPad mini…
  • San Antonio Police and Fire Pension Fund beneficiaries to get an extra holiday gift

    W. Scott Bailey
    26 Nov 2014 | 12:39 pm
    The San Antonio Fire and Police Pension Fund Board voted unanimously on Wednesday to distribute an additional $9 million among its 2,374 retirees and beneficiaries for the 2014 benefits year. For its fiscal year ended Sept. 30, the pension fund gained 9.2 percent. Over the last five years, the fund has increased in value by $900 million, with total assets of $2.7 billion now under management. The five-year activity surpassed the average 7.65 percent assumed rate of return required by state law for…
  • Japan to be a big player at San Antonio’s World Stem Cell Summit

    W. Scott Bailey
    26 Nov 2014 | 12:23 pm
    Editor's note: The San Antonio Business Journal will provide ongoing coverage of the 2014 World Stem Cell Summit, scheduled for Dec. 3-5. Japan will have the largest presence — other than the United States — among the organizations from several nations that are expected to participate in the 2014 World Stem Cell Summit, which will be held in San Antonio next week. Nearly a dozen Japanese institutions will be represented at the three-day summit. That comes as little surprise to San Antonio officials,…
  • San Antonio Pets Alive! to kick off Black FURday weekend this Friday

    Tricia Lynn Silva
    26 Nov 2014 | 11:23 am
    What's better than Black Friday? How about Black FURday! San Antonio Pets Alive! (SAPA!) will host Black FURday weekend — starting Friday, Nov. 28 and running through Sunday, Nov. 30. Enjoy a chance to give a second chance to a cat or dog needing a good home. The added bonus — all black dogs and cats are available at 50-percent off. As SAPA explains, it often takes longer to find a new home for black dogs and cats. They are seen as being too plain or they appear to be less friendly. "To…
  • IBEX Global ups ante on San Antonio call center jobs to 1,000

    Mike W. Thomas
    26 Nov 2014 | 11:20 am
    I'm sorry, did IBEX Global say they would be adding 600 jobs? They meant 1,000. IBEX, the Washington, D.C.-based call center firm that announced yesterday that it will open a new call center in San Antonio creating up to 600 jobs, has now revised that number upwards to 1,000. The company plans initially to hire 300 customer service and technical support agents in December to support a major telecommunications client, with additional hiring to follow early next year. Once fully operational, the…
 
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    San Francisco Business News - Local San Francisco News | The San Francisco Business Times

  • Oh, behave! Do's and don'ts of holiday parties

    Upstart Business Journal editors
    26 Nov 2014 | 11:34 am
    Who doesn't love a good office party to ring in some holiday cheer? You might not if your behavior at that party goes too far and leads you to lose or job. So, before the nog starts flowing, check out these tips from G&A Partners, a professional employer organization.
  • GoPro plans line of consumer drones with built-in cameras

    Marlize van Romburgh
    26 Nov 2014 | 11:01 am
    Wearable camera maker GoPro is entering the growing market for consumer drones, the Wall Street Journal reported. The San Mateo-based company plans to sell the remote-controlled helicopters, equipped with high-def cameras, next year, sources told the Journal. Expect prices in the $500 to $1,000 range. GoPro's line of rugged, take-anywhere wearable video cameras have gained it a following among action-sports enthusiasts such as surfers and snowboarders. The company was founded in 2003 and raised…
  • EPIC gobbles up another insurance brokerage

    Chris Rauber
    26 Nov 2014 | 11:01 am
    San Francisco's EPIC Insurance Brokers and Consultants made its sixth acquisition since December 2013 on Tuesday, nabbing Atlanta's Greyling Insurance Brokerage & Risk Consulting Inc. EPIC, led by CEO and co-founder John Hahn, has roughly 200 Bay Area staffers, boasted $843 million in 2013 premium volume and $76 million in 2013 revenue, and has bold plans to more than triple in size to $250 million by 2018, officials say. As of a few months ago, they were projecting 2014 revenue of roughly $160…
  • Twitter reportedly in talks to buy Justin Bieber-backed selfie app

    Marlize van Romburgh
    26 Nov 2014 | 9:55 am
    San Francisco-based Twitter has an acquisition up its sleeve. That much we know from CFO Anthony Noto's tweeting gaffe on Monday, when he accidentally sent out a public tweet indicating that the company was pursuing an acquisition target. Twitter (NYSE: TWTR) has been in talks with Shots, a selfie app backed by pop star Justin Bieber, a source told CNBC on Tuesday. The social media giant is interested in Shots' mostly-female user base of 3 million people, the source told CNBC. Most of Shots' users…
  • Slideshow: The 2014 Upstart holiday gift guide

    Upstart Business Journal editors
    26 Nov 2014 | 9:22 am
    T he holidays are right around the corner, whether you're ready for it or not. We know that in your busy life, it can be difficult to find that perfect gift for everyone on your list. So whether you're still looking for that perfect something or haven't even started your Christmas shopping, these are gifts we think an entrepreneur would proud to give, and love to get.
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    San Jose Business News - Local San Jose News | The Silicon Valley / San Jose Business Journal

  • Startups buying startups is getting more expensive

    Cromwell Schubarth
    26 Nov 2014 | 12:49 pm
    Some startups are buying a lot of other startups and they are paying more than ever, according to a new study. Investment research firm CB Insights reports that the number of acquisitions of startups by venture-backed companies has held fairly constant in the past four years but the median amount paid has skyrocketed to around $32 million to $34 million in the past two years from just $11 million in 2011. This is happening at the same time that funding and valuations have mushroomed, which is probably…
  • Twitter reportedly in talks to buy Justin Bieber-backed selfie app

    Marlize van Romburgh
    26 Nov 2014 | 12:39 pm
    San Francisco-based Twitter has an acquisition up its sleeve. That much we know from CFO Anthony Noto's tweeting gaffe on Monday, when he accidentally sent out a public tweet indicating that the company was pursuing an acquisition target. Twitter (NYSE: TWTR) has been in talks with Shots, a selfie app backed by pop star Justin Bieber, a source told CNBC on Tuesday. The social media giant is interested in Shots' mostly-female user base of 3 million people, the source told CNBC. Most of Shots' users…
  • GoPro plans line of consumer drones with built-in cameras

    Marlize van Romburgh
    26 Nov 2014 | 11:23 am
    Wearable camera maker GoPro is entering the growing market for consumer drones, the Wall Street Journal reported. The San Mateo-based company plans to sell the remote-controlled helicopters, equipped with high-def cameras, next year, sources told the Journal. Expect prices in the $500 to $1,000 range. GoPro's line of rugged, take-anywhere wearable video cameras have gained it a following among action-sports enthusiasts such as surfers and snowboarders. The company was founded in 2003 and raised…
  • 500 Startups Dave McClure gets star role in Scyfy's docuseries 'Bazillion Dollar Club'

    Cromwell Schubarth
    26 Nov 2014 | 10:39 am
    Dave McClure, billed as the "relentless and foul-mouthed drill sergeant" of 500 Startups, will get a shot at a national TV audience in an upcoming cable docuseries called "Bazillion Dollar Club." The folks at the Scyfy channel — the NBCUniversal-owned network that brought you "Sharknado" — probably came up with that name in a story meeting that went something like: "You know what is cooler than a 'Million Dollar Club?' A 'Billion Dollar Club!'" "Oh yeah? How about a 'Bazillion Dollar Club?'" But…
  • Take the money or run? Founders wary of unethical funders, study says

    Michael Theis
    26 Nov 2014 | 9:30 am
    If you're a venture capitalist struggling to find partners for your next project, you may need to ask yourself if you've been ethical in past business dealings, according to a study from Baylor University. According to the study, which examined more than 550 decisions and responses from 144 entrepreneurs, " knowledge of explicit ethical or unethical behavior (by venture capitalists) profoundly shapes the entrepreneurs' willingness to partner." The study, titled "Take the money or run? Investors'…
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    Seattle Business News - Local Seattle News | The Puget Sound Business Journal

  • Microsoft vs. Getty rages on: Judge denies Microsoft’s motion to throw out the case

    Rachel Lerman
    26 Nov 2014 | 1:43 pm
    A judge denied Microsoft's motion to dismiss a lawsuit filed against the tech company by Seattle's Getty Images, which alleges "massive" copyright infringement. Getty's complaint, filed in September in New York federal court, takes issue with the Bing Image Widget allows website owners to display photos pulled from Bing search results on their sites. Getty says the widget disregards copyright laws and endangers its business model, and the business of the photographers who work with it. Microsoft…
  • Union walks off the job at Port of Portland: Is a strike or lockout next?

    Sarah Aitchison
    26 Nov 2014 | 1:36 pm
    On Monday, the International Longshoreman and Warehouse Union walked off the job at the Port of Portland, said Peter Friedmann, executive director of the Agricultural Trade Coalition. Spokesman for the port managing authority, the Pacific Maritime Association, Wade Gates confirmed this but didn't have further details aside from the fact that the terminal has operated for the last two days. Craig Merrilees, spokesman for the ILWU, couldn't confirm whether union workers walked off. It's been 12…
  • Alcohol and Christmas lights: Holidays mean job security for emergency room workers

    Annie Zak
    26 Nov 2014 | 1:19 pm
    Have you ever had an embarrassing accident in front of your whole extended family on Thanksgiving after too many glasses of wine? Or fallen off a ladder hanging up festive lights? Those are two common things Ian Doten, medical director for Swedish Medical Center's First Hill and Cherry Hill facilities' emergency departments, sees a lot of during the holidays. Doten chatted with me today to share what other problems people head to the ER for during the most wonderful time of the year. What is the…
  • Greg Johnson talks about Wright Runstad's one big miss: PacMed tower

    Marc Stiles
    26 Nov 2014 | 12:59 pm
    In its 42-year history, Seattle commercial real estate company Wright Runstad has lost just one project: The Pacific Medical Center tower that was once Amazon.com's headquarters. After Amazon moved out several years ago, Wright Runstad was unable to keep making lease payments to the quasi-public Pacific Hospital Preservation & Development Authority (PDA), which owns the property. It shocked the commercial real estate industry when Wright Runstad, known for its financial savvy, defaulted on a loan…
  • Skip the lines: 10 quirky gift ideas from Seattle companies

    Rachel Lerman
    26 Nov 2014 | 12:25 pm
    It's a time for a reflection, it's a time for joy, it's a time for standing in ridiculously long lines to buy gifts for everyone you know. Sure, you may really want that Xbox, but is it worth braving Wal-Mart on Black Friday? We've put together a gift guide that require no lines, and add a personal touch to your holiday gift list. Plus, these local gifts are made in the area and sold in town, so you can feel good about supporting the local economy. As Bill Stamey, co-owner of Ken's Markets, a…
 
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    South Florida Business News - Local South Florida News | The South Florida Business Journal

  • Miami office building in foreclosure a second time; Broward office to auction

    Brian Bandell
    26 Nov 2014 | 11:35 am
    An office building in Miami's Little Havana neighborhood has been hit with a foreclosure lawsuit for the second time in three years. Beneficial Funding Corp. filed a foreclosure lawsuit on Nov. 25 against Hibiscus Properties and managing member Nancy Babe. It targets the three-story, 51,100-square-foot office building at 42 N.W. 27th Ave. JGB Bank filed a foreclosure lawsuit against Hibiscus Properties in 2012 but that lawsuit was resolved in July 2014 when the property owner obtained a $2.88 million…
  • Yellow Pages wants to hire digital media representatives in West Palm Beach

    Emon Reiser
    26 Nov 2014 | 11:28 am
    Yellow Pages is aiming to hire seven to 10 digital media representatives for its South Florida office. The sales positions start Jan. 12 at 500 Columbia Drive in West Palm Beach. The company employs about 40 people at that office. Responsibilities include selling digital advertising solutions and meeting monthly sales goals. The company will host a cocktail party Dec. 11 to meet potential applicants. For more information on the event, contact Linda Sheppard at Linda.Sheppard@yp.com. The positions…
  • U.S. Century Bank granted stay in shareholders lawsuit

    Nina Lincoff
    26 Nov 2014 | 11:01 am
    For U.S. Century Bank, Thanksgiving came a day early. The 3rd District Court of Appeal stayed a case involving the bank, the Federal Deposit Insurance Corp. (FDIC), the Florida Office of Financial Regulation (OFR), and the bank's shareholders. The Doral-based bank, which is "undercapitalized" and is seeking to be recapitalized by new investors and repay its taxpayer bailout, has been tied up with a settlement agreement in a shareholder lawsuit. Miami-Dade County Judge John W. Thornton had ordered…
  • Black Friday: What time are the big retailers opening this year?

    Emon Reiser
    26 Nov 2014 | 9:49 am
    Some national retailers will kick off their Black Friday sales earlier than ever, citing pressure to stay competitive. Target, Kohl's, Macy's and J.C. Penney, for instance, will all open at 6 p.m. on Thanksgiving Day (Nov. 27), which is one to two hours earlier than they opened last year. 'Doorbusters' are creeping up earlier on the holiday too. Shopping starts first thing in the morning at some big brands and others are cutting closer into the traditional times that families eat together for the…
  • Related Group inks $17M apartment deal

    Brian Bandell
    26 Nov 2014 | 9:46 am
    Related Group was involved on both sides of a $16.75 million apartment sale in northwest Miami-Dade County. Related Club West Housing Associates, a partnership between Related Group and Miami-based Jubilee Community Development Corp., sold the complex at 6800 N.W. 179th Street in the Palm Springs/Country Club arena to Golfside Villas Preservation. The buyer is majority owned by Miami-based residential giant Related Group with a minority interest to Jubilee, Related Group COO Matt Allen said. "We…
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    Tampa Business News - Local Tampa News | The Tampa Bay Business Journal

  • St. Pete museum readies for craft beer, touchscreens, bitcoins

    Wade Tyler Millward
    26 Nov 2014 | 1:17 pm
    When Babe Ruth, a mummy and local beer drinkers collide at the St. Petersburg Museum of History next month, Executive Director Rui Farias says he hopes it's a metaphorical collision. The museum risks spills and overzealous selfies in the exhibit rooms Dec. 12 to host "Beers on the Pier." The event is one of a few moves "taking it into the 21st century" before the museum's 93rd anniversary in January, Farias said. Setting up stations at the museum's beer festival are 11 local craft breweries, including…
  • Medical device executive joins Tampa-Hillsborough County Expressway Authority

    Margie Manning
    26 Nov 2014 | 1:11 pm
    Gov. Rick Scott has appointed John Garcia to the Tampa-Hillsborough County Expressway Authority. Garcia is the president and CEO of World Wide Medical Services Inc., a Tampa company that provides physician prescribed home electrotherapy and orthotic devices. Garcia succeeds Stephen Diaco and is appointed for a term beginning today and ending July 1, 2018, a statement from the governor's office said. The appointment is subject to confirmation by the Florida Senate. The Tampa-Hillsborough County…
  • Wells Fargo Center in downtown Tampa sold for $78 million

    Ashley Gurbal Kritzer
    26 Nov 2014 | 12:30 pm
    A partnership between Feldman Equities and Goldman Sachs has sold the Wells Fargo Center in downtown Tampa for $33 million more than it paid for the tower two years ago. Connecticut-based Greenfield Partners has acquired the office tower for $78 milllion or $192 per square foot, according to a Hillsborough County deed filed Wednesday. The Tampa Bay Business Journal first reported the property was for sale in September. Feldman Equities and Tower Realty Partners will continue to manage the property. When…
  • Columbia Journalism Review takes on 'bad, sad news' at Tampa Bay Times, Tampa Tribune

    Ashley Gurbal Kritzer
    26 Nov 2014 | 11:41 am
    A former Miami Herald staffer bemoans the trouble at the Tampa Bay Times and Tampa Tribune in a post on Columbia Journalism Review. Susannah Nesmith, who spent almost 17 years as a journalist in Florida, describes watching reporters leave each of the daily newspapers in a near constant flow on her Facebook feed in recent weeks. "While the bad, sad news has been coming mostly from the Times recently, the Trib had its share of tribulations over the summer, with far too many photos of going-away cakes…
  • Tampa Bay Partnership looks for ‘models of success’ in CEO search

    Margie Manning
    26 Nov 2014 | 11:14 am
    More than 20 years after hiring its first and only CEO, the Tampa Bay Partnership is about to begin a search for a new leader. The resignation of Stuart Rogel as Partnership CEO is an opportunity to take a fresh look at the market, said Brian Lamb, chair of the Partnership and president and CEO of Fifth Third Bank (North Florida). "What does regional leadership look like in economic development? What are the models of success and how can we leverage some of that expertise and leadership in our…
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    Washington, D.C. Business News - Local Washington, D.C. News | The Washington Business Journal

  • X marks the spot on Elon Musk's 'autonomous spaceport drone ship'

    Drew Hansen
    26 Nov 2014 | 10:54 am
    Elon Musk's Twitter feed can really be something to behold. This week, the SpaceX CEO tweeted out an aerial photo of an "autonomous spaceport drone ship" that will be used as a landing pad for the company's reusable rockets. NASA has relied on disposable launch systems for much of its history, with external tanks falling into the ocean during space shuttle liftoffs never to be used again. As space operations have shifted to industry, companies like SpaceX are researching ways to cut down expenses…
  • Ruth Bader Ginsburg gets emergency stent surgery at MedStar Washington Hospital Center

    Tina Reed
    26 Nov 2014 | 9:17 am
    Supreme Court Justice Ruth Bader Ginsburg had a stent implanted in her heart Wednesday morning at MedStar Washington Hospital Center. USA Today reported Ginsburg, 81, underwent the surgery to address a blockage in her right coronary artery and was resting comfortably at the hospital Wednesday morning. The hospital center is also the site where Ginsburg received care for colon cancer in 1999. The hospital center's MedStar heart institute affiliated with Cleveland Clinic in 2013. Last week, one of…
  • Post-election, Ken Ulman vows to continue to play a role in Maryland's 'innovation economy'

    Rick Seltzer
    26 Nov 2014 | 9:14 am
    The empty boxes sit stacked in the Howard County executive's office, ready to be packed. County Executive Ken Ulman, 40, is preparing to move out when his two terms end at the beginning of next week. It's a time of transition for Ulman, who three weeks ago was campaigning in an ultimately unsuccessful bid to become Maryland's next lieutenant governor under Anthony Brown. Ulman set aside time earlier this week to answer questions for one of the first times since Republican Larry Hogan defeated Democrat…
  • Sixth and H Bar and Grill, Big Bear's bigger patio, beer at Pizza Parts & Service all coming soon

    Rebecca Cooper
    26 Nov 2014 | 8:33 am
    Some new restaurant news but more existing restaurant updates in this edition of the restaurant roundup: Sixth and H Bar and Grill: A new restaurant on H Street NE called Sixth and H Bar and Grill plans to open at 523 H St. NE in December, according to a liquor license application filed with the D.C. Alcoholic Beverage Control Board. The restaurant will be the latest offering on the western end of H Street NE, which stands to see quite a bit of development in the coming months. Sixth and H will…
  • Massive Mastro's steakhouse, Embassy Row overhaul lead permits

    Michael Neibauer
    26 Nov 2014 | 8:29 am
    Welcome to this Thanksgiving Eve edition of permits. We lead it, with steak. Enjoy the holiday, and we'll see you next week. 600 13th St. NW: Interior renovation and demolition of 14,055 square feet on the ground floor, concourse level and first parking level of this Hines Interests LP office building for a new restaurant, Mastro's. The West Coast steakhouse will fill the vacant space left by former occupant M&S Grill. The restaurant will have a total occupancy of 517 and well over 400 seats. 2015…
 
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    Wichita Business News - Local Wichita News | The Wichita Business Journal

  • Rupp to remain involved in auction business as J.P. Weigand president

    Josh Heck
    26 Nov 2014 | 12:35 pm
    John Rupp is preparing for a new role with J.P. Weigand & Sons Inc., but he's not giving up his duties as a commercial real estate agent. Rupp, an auctioneer who specializes in farm and ranch sales, will remain active within Weigand's auction division. In January, Rupp also will take over overseeing day-to-day operations as Weigand's president, a change that was announced earlier on Wednesday. The shuffling of Weigand's leadership also will move Dawn Truman to general manager of the company's…
  • Boeing opens its photo vault to consumers

    Daniel McCoy
    26 Nov 2014 | 12:32 pm
    Looking for that perfect gift for the aviation enthusiast in you life? If so, the Boeing Co. may have the answer for you. Boeing (NYSE: BA) this week announced it has made its redesigned photography and video website available for worldwide access. The site hosts 15,000 photos, more than 2,500 of which are now available for purchase either as prints or as framed artwork. Prices run from as low as $16 for an 8x10 print to several hundred dollars for large, framed images.
  • Central Christian College in McPherson to offer new risk management and insurance major

    Daniel McCoy
    26 Nov 2014 | 11:55 am
    Central Christian College in McPherson is launching a risk management and insurance major as part of a partnership with Farmers Alliance of McPherson. It will make the college the first in the state to offer a specific four-year major in risk management and insurance. David Ferrell, chair of the school's business department, says insurance is a field with an aging work force that is beginning to exit the industry. That makes it a good landing spot for younger people looking for a career. Greg…
  • Medicalodges to assume Deseret Health’s interest in 12 Kansas facilities

    Daniel McCoy
    26 Nov 2014 | 10:01 am
    Coffeyville, Kan.-based Medicalodges Inc. on Friday announced it has reached a tentative deal to assume the interest in 12 long-term care facilities in Kansas from Utah-based Deseret Health Group. Medicalodges CEO Garen Cox said in a news release that a review of the transaction is being done by both companies. Terms of the deal were not disclosed. It's expected to be finalized by the first of the year, at which time affiliates of Medicalodges will enter into new leases for the facilities. The…
  • Key’s Wells voted Wichita’s most admired construction CEO

    Emily Behlmann
    26 Nov 2014 | 9:54 am
    Dave Wells, CEO of Key Construction, is the construction chief executive our readers picked as their most admired. Last month, we put out a call for suggestions of admired CEOs. Since then, we've been asking you to choose an admired CEO or top local executive from among reader and staff suggestions in each of several local industries. We gave you some ideas of what might constitute an admirable CEO, such as someone who's a good leader with great vision, someone who is helping a business achieve…
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