bizjournals

  • Most Topular Stories

  • Bank of Hawaii receives community commitment award from American Bankers Association

    National Business News - Local Business News | bizjournals
    Jason Ubay
    24 Oct 2014 | 2:40 pm
    The American Bankers Association has given Bank of Hawaii the 2014 ABA Community Commitment Award in the community and economic development category. According to the ABA, its selection committed picked six banks from more than 170 entries based on the creativity of programs that embody corporate social responsibility ideals and demonstrate measurable success. Bank of Hawaii has been involved with EPIC Ohanas Hawaii Youth Opportunities Initiative since 2010. The program helps youth leaving foster…
  • Minnesota hospitals picked for Ebola patients

    Business News from the Midwest - bizjournals.com
    Jim Hammerand
    24 Oct 2014 | 2:49 pm
    Ebola patients in Minnesota will be treated at one of four hospitals, the Minnesota Hospital Association said Friday: University of Minnesota Medical Center, West Bank Campus, Minneapolis Mayo Clinic Hospital in Rochester, Saint Marys Campus Allina Health's Unity Hospital in Fridley Children's Hospitals and Clinics of Minnesota, St. Paul campus All of the state's hospitals will be prepared to detect, isolate and provide initial care for suspected Ebola cases before patients are transferred to one…
  • Scenes from PIE's Demo Day: Here comes the pitch (Photos)

    Bizjournals.com Northwest RSS Feed
    Andy Giegerich
    24 Oct 2014 | 2:59 pm
    Who knew that Supportland had so many, um, supporters? Or that the Outdoor Project has already climbed the charts among burgeoning Portland companies? Arguably, Rick Turoczy did. The founder of the Portland Incubator Experiment's fifth annual Demo Day is shining a seriously bright spotlight on such rising star Rose City companies as they roll out their ideas, strategies and business plans to hundreds of onlookers at the Gerding Theater and at eBay's community space. Our photographer Cathy Cheney…
  • The 50 fastest-growing private companies in Silicon Valley (slideshow)

    Business News from Southwest US - bizjournals.com
    Eric Van Susteren
    24 Oct 2014 | 2:53 pm
    In Silicon Valley, it takes explosive growth to get noticed. We've found 50 companies whose sales put them at the top of the heap. This group of the 50 fastest-growing private companies in Silicon Valley spanned the gamut from selling artificial Christmas trees to creating medical devices aimed at markets worth billions of dollars. The cutoff to make this year's list was 35 percent growth over a three-year span — and the No. 1 company topped 3,000 percent sales increases. Click on the accompanying…
  • Zak Inc. acquired by Arizona-based manufacturer

    Business News from the Northeast US - bizjournals
    Krystle S. Morey
    24 Oct 2014 | 2:55 pm
    Zak Inc., a four-generation family-owned manufacturing company, has been acquired by LAI International Inc., an Arizona-based manufacturer of airplane panels, ballistic shields for tanks and turbines. Douglas Zak, the 63-year-old owner of the company, said he sold the Green Island, New York business to prepare for retirement. The company has been in business since 1937. He said his five children are pursuing different careers. Zak said he has agreed to stay with the company for three months. Zak…
  • add this feed to my.Alltop

    National Business News - Local Business News | bizjournals

  • Bank of Hawaii receives community commitment award from American Bankers Association

    Jason Ubay
    24 Oct 2014 | 2:40 pm
    The American Bankers Association has given Bank of Hawaii the 2014 ABA Community Commitment Award in the community and economic development category. According to the ABA, its selection committed picked six banks from more than 170 entries based on the creativity of programs that embody corporate social responsibility ideals and demonstrate measurable success. Bank of Hawaii has been involved with EPIC Ohanas Hawaii Youth Opportunities Initiative since 2010. The program helps youth leaving foster…
  • Tampa Bay Times: No comment on layoffs

    Ashley Gurbal Kritzer
    24 Oct 2014 | 2:38 pm
    The Tampa Bay Times is staying mum on the progress of the " cost-savings plan" it announced in September. "We are proceeding with our plan to adapt our company's operations, as we announced last month," spokeswoman Jounice Nealy-Brown wrote in an email Friday. "While some staffers have announced their departures publicly, we decline to discuss their personal decisions and further details about our company operations." The Times said that it was cutting salaries by 5 percent and was offering employees…
  • FNB Bancorp faces competition in buying Valley Community Bank

    Mark Calvey
    24 Oct 2014 | 2:36 pm
    Valley Community Bank, with offices in Pleasanton, Livermore and San Jose, suddenly finds itself the center of attention as more than one suitor wants to acquire the bank's attractive franchise. This is a nice turn of events for long-suffering shareholders at Valley Community Bank, which got slammed in the 2008 financial crisis. Even today the bank garners just three stars out of five from Bauer Financial. Three stars stands for "adequate." Valley Community Bank struck a deal in May to be acquired…
  • Say what? Riverfront condo model open — for tower not yet built

    Braden Lammers
    24 Oct 2014 | 2:33 pm
    Poe Companies LLC has come up with a clever way to draw interest in its riverfront condominium tower that is not expected to be under construction until early next year. At the company's office on River Road, Poe Companies officials have set up a model of what a fifth-floor, two-bedroom condo will look like in the 16-story EdgeWater at RiverPark Place tower. Not so unusual? Well, this model is complete with images in the window offered a sneak peek at what a condominium will look like in the 16-story…
  • Amazon loses $170M on Fire Phone, but that's not why stock is plunging

    Rachel Lerman
    24 Oct 2014 | 2:29 pm
    Amazon made a big bet on its first smartphone, decking the Fire Phone out with cool features and an updated app store. But it didn't pay off. The company took a $170 million charge related to a write-down of inventory costs, "primarily related to the Fire Phone," Amazon CFO Tom Szkutak said in the third-quarter earnings conference call Thursday. Amazon reported a $437 million loss in its quarterly results Thursday, significantly more than Wall Street was expecting. The stock fell dramatically after…
 
  • add this feed to my.Alltop

    Business News from the Midwest - bizjournals.com

  • Minnesota hospitals picked for Ebola patients

    Jim Hammerand
    24 Oct 2014 | 2:49 pm
    Ebola patients in Minnesota will be treated at one of four hospitals, the Minnesota Hospital Association said Friday: University of Minnesota Medical Center, West Bank Campus, Minneapolis Mayo Clinic Hospital in Rochester, Saint Marys Campus Allina Health's Unity Hospital in Fridley Children's Hospitals and Clinics of Minnesota, St. Paul campus All of the state's hospitals will be prepared to detect, isolate and provide initial care for suspected Ebola cases before patients are transferred to one…
  • Eight Wisconsin companies earn awards from state

    Denise Lockwood
    24 Oct 2014 | 2:47 pm
    Several Wisconsin businesses – owned by minorities, women and service-disabled veterans – were honored with awards from Gov. Scott Walker. The Wisconsin Economic Development Corp., a public-private organization tasked with spurring economic development in the state, presented the awards Thursday at Marketplace 2014, the Governor's Conference on Minority Business Development. "We salute not only the winners and finalists, but also the nearly 200 successful companies that entered this year's…
  • Call center firm Spanlink sold to ConvergeOne

    Katharine Grayson
    24 Oct 2014 | 1:50 pm
    Spanlink Communications, which designs and manages call centers for businesses, has been sold to ConvergeOne for an undisclosed amount. Southport, Conn.-based ConvergeOne, a communications-technology provider and integrator, has most of its operations in Eagan. Golden Valley-based Spanlink will be renamed ConvergeOne Collaboration. Its CEO, Eric LeBow, will serve as the company's managing director. "This acquisition will help propel Spanlink to the next level, and enables us to provide more resources…
  • Trial postponed for Greenpeace protesters who targeted P&G

    Barrett J. Brunsman
    24 Oct 2014 | 1:13 pm
    The trial of Greenpeace activists who face charges of burglary and vandalism related to a protest at the Cincinnati headquarters of Procter & Gamble Co. has been delayed until next year. Eight of the nine activists were expected to stand trial Oct. 27 in Hamilton County Common Pleas Court, but the start of the jury trial has been rescheduled for Jan. 20. One of the activists, Tyler Wilkerson, 27, died Oct. 6 of an undisclosed cause. An Oct. 16 filing asked that the charges be dropped against Wilkerson,…
  • Behind Phil Kirk's behind-the-scenes efforts was a heart of gold

    Rob Roberts
    24 Oct 2014 | 1:06 pm
    After learning of Phil Kirk's death on Thursday, I reflected on meeting him for the first time. It was the spring of 2010, and as I pulled up to his home, in a posh Kirkwood condominium tower near the Country Club Plaza, I felt a bit intimidated. After all, I was just a lowly commercial real estate reporter who had taken over after my successor on that beat, the legendary Jim Davis, had died two years earlier. I had been assigned to interview Phil Kirk, another Kansas City commercial real estate…
  • add this feed to my.Alltop

    Bizjournals.com Northwest RSS Feed

  • Scenes from PIE's Demo Day: Here comes the pitch (Photos)

    Andy Giegerich
    24 Oct 2014 | 2:59 pm
    Who knew that Supportland had so many, um, supporters? Or that the Outdoor Project has already climbed the charts among burgeoning Portland companies? Arguably, Rick Turoczy did. The founder of the Portland Incubator Experiment's fifth annual Demo Day is shining a seriously bright spotlight on such rising star Rose City companies as they roll out their ideas, strategies and business plans to hundreds of onlookers at the Gerding Theater and at eBay's community space. Our photographer Cathy Cheney…
  • The world's largest building — the Boeing plant in Everett — is about to get even bigger

    Steve Wilhelm
    24 Oct 2014 | 2:59 pm
    Boeing's vast Everett final assembly building is about to get even bigger. Already the world's largest building by volume, a 200,000-square-foot addition will add 22.68 million cubic feet of space. The addition will make the interior volume — the space inside the entire building, not just floor space — of the Everett aircraft assembly center 494.68 million cubic feet. The company assembles 767, 777, 787 and 747 aircraft at the plant. The new structure, which is at the southeast corner of…
  • 2 skills that make MBAs relevant in 2014

    Brandon Sawyer
    24 Oct 2014 | 2:55 pm
    When Marylhurst's Susan E. Marcus sat down with us to talk about the value of an MBA, we wanted to how she, and her peers, interact with the local business community. "Part of our work as administrators here is to continually check in with the business community to just do a little pulse check to make sure that we're hitting the mark right with what we're doing in our curriculum," she said. "What we hear consistently from them is the importance of being able to express themselves well in writing…
  • Check out this sweet and savory bunch of tweets from PIE's Demo Day

    Andy Giegerich
    24 Oct 2014 | 2:48 pm
    With the Portland Incubator Experiment's Demo Day comes a wide array of Twitter spikes. That's particularly true among entrepreneurial fans and observers who want to see what the shiniest new companies are up to as they present their goods. So far, such companies as Supportland and the Outdoor Project have made a splash as the Twitterati weigh in with their insta-takes. Which makes sense, given that the event sold out the Gerding Theater, in downtown Portland. A large group is also watching the…
  • Amazon loses $170M on Fire Phone, but that's not why stock is plunging

    Rachel Lerman
    24 Oct 2014 | 2:29 pm
    Amazon made a big bet on its first smartphone, decking the Fire Phone out with cool features and an updated app store. But it didn't pay off. The company took a $170 million charge related to a write-down of inventory costs, "primarily related to the Fire Phone," Amazon CFO Tom Szkutak said in the third-quarter earnings conference call Thursday. Amazon reported a $437 million loss in its quarterly results Thursday, significantly more than Wall Street was expecting. The stock fell dramatically after…
 
  • add this feed to my.Alltop

    Business News from Southwest US - bizjournals.com

  • The 50 fastest-growing private companies in Silicon Valley (slideshow)

    Eric Van Susteren
    24 Oct 2014 | 2:53 pm
    In Silicon Valley, it takes explosive growth to get noticed. We've found 50 companies whose sales put them at the top of the heap. This group of the 50 fastest-growing private companies in Silicon Valley spanned the gamut from selling artificial Christmas trees to creating medical devices aimed at markets worth billions of dollars. The cutoff to make this year's list was 35 percent growth over a three-year span — and the No. 1 company topped 3,000 percent sales increases. Click on the accompanying…
  • Elon Musk: Mars needs men and women

    Sara Castellanos
    24 Oct 2014 | 2:53 pm
    As CEO of California-based SpaceX, Elon Musk aims to build a self-sustaining city on Mars. Think of it as wanting to have a "back-up file" to Planet Earth, where humans can ensure that their species will survive and thrive for a long time, Musk said at MIT's Centennial Symposium today. "A multi-planet version of humanity's future is going to last a lot longer ... than if we were a single-planet species," he said at the event. His critics have asked why he'd focus technological efforts on building…
  • CoorsTek buys battery technology maker, forms new speciality division

    Greg Avery
    24 Oct 2014 | 2:52 pm
    CoorsTek has purchased Boulder Ionics, maker of electrolytes for batteries, and has paired it with another business to form a CoorsTek Specialty Chemicals unit. The Golden-based company announced the deal Friday. Terms were not disclosed. Arvada-based Boulder Ionics, formed in 2011, makes electrolytes sold to makers of batteries and capacitors used in consumer electronics, automobiles and, possibly, for use by utility companies in grid-scale energy storage. The electrolytes are designed to store…
  • Some Bay Area restaurants ready to toss out tipping in favor of flat fee

    Krystal Peak
    24 Oct 2014 | 2:52 pm
    Could tipping be on its way out? As restaurants grapple with costs and rising wages, some are considering adding a 20 percent service charge to all bills in lieu of customers paying a gratuity. The five businesses in the Bay Area: Comal, Camino, Duende, Bar Agricole and Trou Normand each plan make the policy switch within the next few weeks, according to the San Francisco Chronicle. And the Business Times' staff has heard rumblings from several others that this is an attractive option because it…
  • Don't work for free – take your vacation (and help the economy)

    Brandon Brown
    24 Oct 2014 | 2:50 pm
    Americans are working too hard and it is causing the economy to suffer. According to a new study by the U.S. Travel Association, many employees are who receiving paid time off are not taking what is given to them, and it is having an effect on the economy. The research, which was conducted by Oxford Economics, said that nearly five days of paid time off were not used by employees in 2013 – 1.6 of those days were permanently lost to employees. A total of 169 million vacation days were lost last…
  • add this feed to my.Alltop

    Business News from the Northeast US - bizjournals

  • Zak Inc. acquired by Arizona-based manufacturer

    Krystle S. Morey
    24 Oct 2014 | 2:55 pm
    Zak Inc., a four-generation family-owned manufacturing company, has been acquired by LAI International Inc., an Arizona-based manufacturer of airplane panels, ballistic shields for tanks and turbines. Douglas Zak, the 63-year-old owner of the company, said he sold the Green Island, New York business to prepare for retirement. The company has been in business since 1937. He said his five children are pursuing different careers. Zak said he has agreed to stay with the company for three months. Zak…
  • Education Management shares drop 46 percent

    Patty Tascarella
    24 Oct 2014 | 2:12 pm
    Education Management Corp. plunged 46.09 percent to end Friday trading at 62 cents per share. It was not the deepest drop of the day for the Pittsburgh-based company, which hit a new 52-week low of 41 cents. On Thursday, Education Management (Nasdaq:EDMC) announced it plans to voluntarily delist shares from Nasdaq.
  • Fuel cell manufacturer opens expanded facility

    Sam Kusic
    24 Oct 2014 | 2:10 pm
    New York-based Watt Fuel Cell Corp. ceremonially opened its newly acquired and expanded Westmoreland County production facility on Friday. The company, which makes solid oxide fuel cells, cut the ribbon on the facility and the additional 30,000 square feet of space it expanded into at the Mt. Pleasant Glass Center. Friday's ceremony follows Watt's acquisition of Pittsburgh Electric Engines Inc., which was developing solid oxide fuel cells for the heavy-duty truck market. Watt acquired Pittsburgh…
  • D.C. health officials monitoring local doctors serving in Ebola-impacted countries

    Tina Reed
    24 Oct 2014 | 1:57 pm
    The District Department of Health has been in contact with officials in New York City after a doctor there was diagnosed with Ebola, Director Dr. Joxel Garcia said during a hearing Friday. Garcia, testifying in a hearing held by D.C. Councilwoman Yvette Alexander, D-Ward 7 — who chairs the D.C. Council's Health Committee — said health officials are aware of some District-licensed doctors supporting efforts to curb the Ebola epidemic in Africa and are working to identify any other health workers…
  • Pepco plans 'dynamic' substation for Buzzard Point, block from soccer stadium site

    Michael Neibauer
    24 Oct 2014 | 1:54 pm
    "Dynamic" and "substation" are two words rarely seen in the same sentence. But that's how Pepco describes the facility it is bidding to building at Buzzard Point, immediately north of the proposed D.C. United stadium site. Pepco is seeking approvals from the District on multiple fronts to construct a large substation on a 4-acre square bounded by Q Street SW, First Street, R Street and Second Street, in addition to four underground transmission circuits. The site contains several buildings, including…
 
  • add this feed to my.Alltop

    Business News from Southeast US - bizjournals.com

  • Tampa Bay Times: No comment on layoffs

    Ashley Gurbal Kritzer
    24 Oct 2014 | 2:38 pm
    The Tampa Bay Times is staying mum on the progress of the " cost-savings plan" it announced in September. "We are proceeding with our plan to adapt our company's operations, as we announced last month," spokeswoman Jounice Nealy-Brown wrote in an email Friday. "While some staffers have announced their departures publicly, we decline to discuss their personal decisions and further details about our company operations." The Times said that it was cutting salaries by 5 percent and was offering employees…
  • Say what? Riverfront condo model open — for tower not yet built

    Braden Lammers
    24 Oct 2014 | 2:33 pm
    Poe Companies LLC has come up with a clever way to draw interest in its riverfront condominium tower that is not expected to be under construction until early next year. At the company's office on River Road, Poe Companies officials have set up a model of what a fifth-floor, two-bedroom condo will look like in the 16-story EdgeWater at RiverPark Place tower. Not so unusual? Well, this model is complete with images in the window offered a sneak peek at what a condominium will look like in the 16-story…
  • Local investment capital firm sells real estate holdings for $44 million

    Braden Lammers
    24 Oct 2014 | 2:27 pm
    Patoka Capital LLC has sold six Regal Cinema locations for $44 million, according to a news release from the New Albany, Ind.-based private-equity firm. The six commercial properties were located in Missouri, South Carolina, West Virginia, Ohio and Pennsylvania. The properties were sold Sept. 30 to Spirit Realty Capital(NYSE: SRC), an Arizona-based real estate investment trust. Chance Ragains, managing director and CEO of Patoka Capital, said in the release that Patoka Capital will use the proceeds…
  • Take two minutes to watch Michter's column still being installed (Video)

    David A. Mann
    24 Oct 2014 | 2:04 pm
    Yesterday I wrote about Michter's Distillery LLC's new still being installed at its facility in Shively. The new still will allow the company to bring its production in house once the facility is complete, probably around April. We had plenty of photos from the event. Now Michter's has sent us a video we could share. (See video above.) The video lasts about two minutes and shows the effort required to install the new equipment. BTW — The installation process took much longer than two minutes…
  • Winter Park, west Orange dominate 2Q luxury home sales

    Anjali Fluker
    24 Oct 2014 | 1:58 pm
    This year's second quarter was an active one for Central Florida's $1 million-plus home buyers. Orlando Business Journal's parent company collected data on the 20 most-expensive Central Florida homes that were recorded as selling in this year's second quarter. The top 20 homes, all of which were in Orange County, sold for a total of $57.3 million — an average of $2.9 million — with the highest-priced home sale notching $6.9 million. Half of the 20 most-expensive closings were in Winter Park…
  • add this feed to my.Alltop

    Accounting News - Accounting News Headlines | Bizjournals.com

  • Bank of Hawaii receives community commitment award from American Bankers Association

    Jason Ubay
    24 Oct 2014 | 2:40 pm
    The American Bankers Association has given Bank of Hawaii the 2014 ABA Community Commitment Award in the community and economic development category. According to the ABA, its selection committed picked six banks from more than 170 entries based on the creativity of programs that embody corporate social responsibility ideals and demonstrate measurable success. Bank of Hawaii has been involved with EPIC Ohanas Hawaii Youth Opportunities Initiative since 2010. The program helps youth leaving foster…
  • Tampa Bay Times: No comment on layoffs

    Ashley Gurbal Kritzer
    24 Oct 2014 | 2:38 pm
    The Tampa Bay Times is staying mum on the progress of the " cost-savings plan" it announced in September. "We are proceeding with our plan to adapt our company's operations, as we announced last month," spokeswoman Jounice Nealy-Brown wrote in an email Friday. "While some staffers have announced their departures publicly, we decline to discuss their personal decisions and further details about our company operations." The Times said that it was cutting salaries by 5 percent and was offering employees…
  • FNB Bancorp faces competition in buying Valley Community Bank

    Mark Calvey
    24 Oct 2014 | 2:36 pm
    Valley Community Bank, with offices in Pleasanton, Livermore and San Jose, suddenly finds itself the center of attention as more than one suitor wants to acquire the bank's attractive franchise. This is a nice turn of events for long-suffering shareholders at Valley Community Bank, which got slammed in the 2008 financial crisis. Even today the bank garners just three stars out of five from Bauer Financial. Three stars stands for "adequate." Valley Community Bank struck a deal in May to be acquired…
  • Say what? Riverfront condo model open — for tower not yet built

    Braden Lammers
    24 Oct 2014 | 2:33 pm
    Poe Companies LLC has come up with a clever way to draw interest in its riverfront condominium tower that is not expected to be under construction until early next year. At the company's office on River Road, Poe Companies officials have set up a model of what a fifth-floor, two-bedroom condo will look like in the 16-story EdgeWater at RiverPark Place tower. Not so unusual? Well, this model is complete with images in the window offered a sneak peek at what a condominium will look like in the 16-story…
  • Amazon loses $170M on Fire Phone, but that's not why stock is plunging

    Rachel Lerman
    24 Oct 2014 | 2:29 pm
    Amazon made a big bet on its first smartphone, decking the Fire Phone out with cool features and an updated app store. But it didn't pay off. The company took a $170 million charge related to a write-down of inventory costs, "primarily related to the Fire Phone," Amazon CFO Tom Szkutak said in the third-quarter earnings conference call Thursday. Amazon reported a $437 million loss in its quarterly results Thursday, significantly more than Wall Street was expecting. The stock fell dramatically after…
  • add this feed to my.Alltop

    Agriculture News - Agriculture News Headlines | Bizjournals.com

  • Bank of Hawaii receives community commitment award from American Bankers Association

    Jason Ubay
    24 Oct 2014 | 2:40 pm
    The American Bankers Association has given Bank of Hawaii the 2014 ABA Community Commitment Award in the community and economic development category. According to the ABA, its selection committed picked six banks from more than 170 entries based on the creativity of programs that embody corporate social responsibility ideals and demonstrate measurable success. Bank of Hawaii has been involved with EPIC Ohanas Hawaii Youth Opportunities Initiative since 2010. The program helps youth leaving foster…
  • Tampa Bay Times: No comment on layoffs

    Ashley Gurbal Kritzer
    24 Oct 2014 | 2:38 pm
    The Tampa Bay Times is staying mum on the progress of the " cost-savings plan" it announced in September. "We are proceeding with our plan to adapt our company's operations, as we announced last month," spokeswoman Jounice Nealy-Brown wrote in an email Friday. "While some staffers have announced their departures publicly, we decline to discuss their personal decisions and further details about our company operations." The Times said that it was cutting salaries by 5 percent and was offering employees…
  • FNB Bancorp faces competition in buying Valley Community Bank

    Mark Calvey
    24 Oct 2014 | 2:36 pm
    Valley Community Bank, with offices in Pleasanton, Livermore and San Jose, suddenly finds itself the center of attention as more than one suitor wants to acquire the bank's attractive franchise. This is a nice turn of events for long-suffering shareholders at Valley Community Bank, which got slammed in the 2008 financial crisis. Even today the bank garners just three stars out of five from Bauer Financial. Three stars stands for "adequate." Valley Community Bank struck a deal in May to be acquired…
  • Say what? Riverfront condo model open — for tower not yet built

    Braden Lammers
    24 Oct 2014 | 2:33 pm
    Poe Companies LLC has come up with a clever way to draw interest in its riverfront condominium tower that is not expected to be under construction until early next year. At the company's office on River Road, Poe Companies officials have set up a model of what a fifth-floor, two-bedroom condo will look like in the 16-story EdgeWater at RiverPark Place tower. Not so unusual? Well, this model is complete with images in the window offered a sneak peek at what a condominium will look like in the 16-story…
  • Amazon loses $170M on Fire Phone, but that's not why stock is plunging

    Rachel Lerman
    24 Oct 2014 | 2:29 pm
    Amazon made a big bet on its first smartphone, decking the Fire Phone out with cool features and an updated app store. But it didn't pay off. The company took a $170 million charge related to a write-down of inventory costs, "primarily related to the Fire Phone," Amazon CFO Tom Szkutak said in the third-quarter earnings conference call Thursday. Amazon reported a $437 million loss in its quarterly results Thursday, significantly more than Wall Street was expecting. The stock fell dramatically after…
 
  • add this feed to my.Alltop

    Banking & Financial News - Banking & Financial News Headlines | Bizjournals.com

  • Bank of Hawaii receives community commitment award from American Bankers Association

    Jason Ubay
    24 Oct 2014 | 2:40 pm
    The American Bankers Association has given Bank of Hawaii the 2014 ABA Community Commitment Award in the community and economic development category. According to the ABA, its selection committed picked six banks from more than 170 entries based on the creativity of programs that embody corporate social responsibility ideals and demonstrate measurable success. Bank of Hawaii has been involved with EPIC Ohanas Hawaii Youth Opportunities Initiative since 2010. The program helps youth leaving foster…
  • FNB Bancorp faces competition in buying Valley Community Bank

    Mark Calvey
    24 Oct 2014 | 2:36 pm
    Valley Community Bank, with offices in Pleasanton, Livermore and San Jose, suddenly finds itself the center of attention as more than one suitor wants to acquire the bank's attractive franchise. This is a nice turn of events for long-suffering shareholders at Valley Community Bank, which got slammed in the 2008 financial crisis. Even today the bank garners just three stars out of five from Bauer Financial. Three stars stands for "adequate." Valley Community Bank struck a deal in May to be acquired…
  • Tower of the Americas will close for repairs next week

    James Aldridge
    24 Oct 2014 | 2:08 pm
    San Antonio's iconic Tower of the Americas will be closed for 72 hours so that crews can make needed electrical repairs to the structure. The tower will close on Oct. 27 to so that repairs can begin, and will re-open on Thursday, Oct. 30. The tower's main electrical buss duct failed at two joint locations about 90 feet up the shaft. Temporary repairs have kept the tower open to the public until workers could coordinate a permanent fix. During the closure, the main buss duct that feeds power to the…
  • Crowdfunding portals gearing up for small investors

    Mike W. Thomas
    24 Oct 2014 | 1:56 pm
    Now that the Texas State Securities Board has approved new rules for equity-based crowdfunding, the gears are turning on a local plan to give small investors a way to put their money to work backing startups. Nathan Roach, an attorney with RAM Law Firm PLLC in San Antonio, said potential investors can start signing up on the portal that he and his partners have put together. However, it will be mid-November before the new rules formally take effect, after they are published in the Texas Register. "We…
  • SEC fine and suspend Boca Raton auditor for violations

    Brian Bandell
    24 Oct 2014 | 1:44 pm
    The Securities and Exchange Commission fined Boca Raton auditor Eliot Berman $15,000 and suspended him from performing accounting for public companies for one year after settling a civil complaint. The regulator accused Berman and his accounting firm, Berman & Co., of violating federal laws that require lead audit partners to periodically rotate off their engagements with public companies. An accountant can't serve as the lead auditor for the same company for more than five consecutive fiscal years. The…
  • add this feed to my.Alltop

    Bankruptcy News - Bankruptcy News Headlines | Bizjournals.com

  • Bank of Hawaii receives community commitment award from American Bankers Association

    Jason Ubay
    24 Oct 2014 | 2:40 pm
    The American Bankers Association has given Bank of Hawaii the 2014 ABA Community Commitment Award in the community and economic development category. According to the ABA, its selection committed picked six banks from more than 170 entries based on the creativity of programs that embody corporate social responsibility ideals and demonstrate measurable success. Bank of Hawaii has been involved with EPIC Ohanas Hawaii Youth Opportunities Initiative since 2010. The program helps youth leaving foster…
  • Tampa Bay Times: No comment on layoffs

    Ashley Gurbal Kritzer
    24 Oct 2014 | 2:38 pm
    The Tampa Bay Times is staying mum on the progress of the " cost-savings plan" it announced in September. "We are proceeding with our plan to adapt our company's operations, as we announced last month," spokeswoman Jounice Nealy-Brown wrote in an email Friday. "While some staffers have announced their departures publicly, we decline to discuss their personal decisions and further details about our company operations." The Times said that it was cutting salaries by 5 percent and was offering employees…
  • FNB Bancorp faces competition in buying Valley Community Bank

    Mark Calvey
    24 Oct 2014 | 2:36 pm
    Valley Community Bank, with offices in Pleasanton, Livermore and San Jose, suddenly finds itself the center of attention as more than one suitor wants to acquire the bank's attractive franchise. This is a nice turn of events for long-suffering shareholders at Valley Community Bank, which got slammed in the 2008 financial crisis. Even today the bank garners just three stars out of five from Bauer Financial. Three stars stands for "adequate." Valley Community Bank struck a deal in May to be acquired…
  • Say what? Riverfront condo model open — for tower not yet built

    Braden Lammers
    24 Oct 2014 | 2:33 pm
    Poe Companies LLC has come up with a clever way to draw interest in its riverfront condominium tower that is not expected to be under construction until early next year. At the company's office on River Road, Poe Companies officials have set up a model of what a fifth-floor, two-bedroom condo will look like in the 16-story EdgeWater at RiverPark Place tower. Not so unusual? Well, this model is complete with images in the window offered a sneak peek at what a condominium will look like in the 16-story…
  • Amazon loses $170M on Fire Phone, but that's not why stock is plunging

    Rachel Lerman
    24 Oct 2014 | 2:29 pm
    Amazon made a big bet on its first smartphone, decking the Fire Phone out with cool features and an updated app store. But it didn't pay off. The company took a $170 million charge related to a write-down of inventory costs, "primarily related to the Fire Phone," Amazon CFO Tom Szkutak said in the third-quarter earnings conference call Thursday. Amazon reported a $437 million loss in its quarterly results Thursday, significantly more than Wall Street was expecting. The stock fell dramatically after…
  • add this feed to my.Alltop

    Commercial Real Estate Industry News Headlines | Bizjournals.com

  • The 50 fastest-growing private companies in Silicon Valley (slideshow)

    Eric Van Susteren
    24 Oct 2014 | 2:53 pm
    In Silicon Valley, it takes explosive growth to get noticed. We've found 50 companies whose sales put them at the top of the heap. This group of the 50 fastest-growing private companies in Silicon Valley spanned the gamut from selling artificial Christmas trees to creating medical devices aimed at markets worth billions of dollars. The cutoff to make this year's list was 35 percent growth over a three-year span — and the No. 1 company topped 3,000 percent sales increases. Click on the accompanying…
  • Check out this sweet and savory bunch of tweets from PIE's Demo Day

    Andy Giegerich
    24 Oct 2014 | 2:48 pm
    With the Portland Incubator Experiment's Demo Day comes a wide array of Twitter spikes. That's particularly true among entrepreneurial fans and observers who want to see what the shiniest new companies are up to as they present their goods. So far, such companies as Supportland and the Outdoor Project have made a splash as the Twitterati weigh in with their insta-takes. Which makes sense, given that the event sold out the Gerding Theater, in downtown Portland. A large group is also watching the…
  • ​Dispute over state-owned buildings heads to trial

    Allen Young
    24 Oct 2014 | 2:47 pm
    After nearly four years in limbo, a dispute over the purchase of 11 state-owned buildings in Sacramento and elsewhere heads to trial next month. A group of real estate interests are suing the state of California over a canceled deal that would have allowed them purchase state-owned buildings and then lease back the office space. The jury trial is set for Nov. 10 in San Francisco Superior Court. The original deal was approved by then-Gov. Arnold Schwarzenegger to help close a large budget gap by…
  • Tampa Bay Times: No comment on layoffs

    Ashley Gurbal Kritzer
    24 Oct 2014 | 2:38 pm
    The Tampa Bay Times is staying mum on the progress of the " cost-savings plan" it announced in September. "We are proceeding with our plan to adapt our company's operations, as we announced last month," spokeswoman Jounice Nealy-Brown wrote in an email Friday. "While some staffers have announced their departures publicly, we decline to discuss their personal decisions and further details about our company operations." The Times said that it was cutting salaries by 5 percent and was offering employees…
  • Local investment capital firm sells real estate holdings for $44 million

    Braden Lammers
    24 Oct 2014 | 2:27 pm
    Patoka Capital LLC has sold six Regal Cinema locations for $44 million, according to a news release from the New Albany, Ind.-based private-equity firm. The six commercial properties were located in Missouri, South Carolina, West Virginia, Ohio and Pennsylvania. The properties were sold Sept. 30 to Spirit Realty Capital(NYSE: SRC), an Arizona-based real estate investment trust. Chance Ragains, managing director and CEO of Patoka Capital, said in the release that Patoka Capital will use the proceeds…
 
  • add this feed to my.Alltop

    Economic Snapshot News - Economic Snapshot News Headlines | Bizjournals.com

  • Bank of Hawaii receives community commitment award from American Bankers Association

    Jason Ubay
    24 Oct 2014 | 2:40 pm
    The American Bankers Association has given Bank of Hawaii the 2014 ABA Community Commitment Award in the community and economic development category. According to the ABA, its selection committed picked six banks from more than 170 entries based on the creativity of programs that embody corporate social responsibility ideals and demonstrate measurable success. Bank of Hawaii has been involved with EPIC Ohanas Hawaii Youth Opportunities Initiative since 2010. The program helps youth leaving foster…
  • Tampa Bay Times: No comment on layoffs

    Ashley Gurbal Kritzer
    24 Oct 2014 | 2:38 pm
    The Tampa Bay Times is staying mum on the progress of the " cost-savings plan" it announced in September. "We are proceeding with our plan to adapt our company's operations, as we announced last month," spokeswoman Jounice Nealy-Brown wrote in an email Friday. "While some staffers have announced their departures publicly, we decline to discuss their personal decisions and further details about our company operations." The Times said that it was cutting salaries by 5 percent and was offering employees…
  • FNB Bancorp faces competition in buying Valley Community Bank

    Mark Calvey
    24 Oct 2014 | 2:36 pm
    Valley Community Bank, with offices in Pleasanton, Livermore and San Jose, suddenly finds itself the center of attention as more than one suitor wants to acquire the bank's attractive franchise. This is a nice turn of events for long-suffering shareholders at Valley Community Bank, which got slammed in the 2008 financial crisis. Even today the bank garners just three stars out of five from Bauer Financial. Three stars stands for "adequate." Valley Community Bank struck a deal in May to be acquired…
  • Say what? Riverfront condo model open — for tower not yet built

    Braden Lammers
    24 Oct 2014 | 2:33 pm
    Poe Companies LLC has come up with a clever way to draw interest in its riverfront condominium tower that is not expected to be under construction until early next year. At the company's office on River Road, Poe Companies officials have set up a model of what a fifth-floor, two-bedroom condo will look like in the 16-story EdgeWater at RiverPark Place tower. Not so unusual? Well, this model is complete with images in the window offered a sneak peek at what a condominium will look like in the 16-story…
  • Amazon loses $170M on Fire Phone, but that's not why stock is plunging

    Rachel Lerman
    24 Oct 2014 | 2:29 pm
    Amazon made a big bet on its first smartphone, decking the Fire Phone out with cool features and an updated app store. But it didn't pay off. The company took a $170 million charge related to a write-down of inventory costs, "primarily related to the Fire Phone," Amazon CFO Tom Szkutak said in the third-quarter earnings conference call Thursday. Amazon reported a $437 million loss in its quarterly results Thursday, significantly more than Wall Street was expecting. The stock fell dramatically after…
  • add this feed to my.Alltop

    Education News - Education News Headlines | Bizjournals.com

  • Grand Canyon University to manage, renovate Phoenix golf course

    Mike Sunnucks
    24 Oct 2014 | 2:28 pm
    Grand Canyon University is taking over management of Maryvale Golf Course and will undertake an $8 million renovation of the city-owned property. GCU President and CEO Brian Mueller said the city of Phoenix course loses as much as $300,000 annually and he hopes the school's management will turn the financial situation around. "It's just a beautiful peace of property," Mueller said in telephone interview. The city will still own the golf course but GCU will manage the property in a 30-year deal. Mueller…
  • Education Management shares drop 46 percent

    Patty Tascarella
    24 Oct 2014 | 2:12 pm
    Education Management Corp. plunged 46.09 percent to end Friday trading at 62 cents per share. It was not the deepest drop of the day for the Pittsburgh-based company, which hit a new 52-week low of 41 cents. On Thursday, Education Management (Nasdaq:EDMC) announced it plans to voluntarily delist shares from Nasdaq.
  • How much are JCPS employees paid?

    Rachel Aretakis
    24 Oct 2014 | 1:45 pm
    Starting today, Business First will be publishing employee compensation information for area institutions. The database below contains a searchable list of Jefferson County Public Schools annual salaries paid to faculty and staff members. The salary information was current as of Oct. 15, 2014. This includes substitute teachers who have no contract salary (their contract salaries are listed as $0.00), but they are paid on a salary schedule that is based on education attainment and years of experience…
  • Daniels Fund's Ethics Summit addresses how Colorado business tackles social media

    Caitlin Hendee
    24 Oct 2014 | 1:33 pm
    With everything out there on social media, is it OK to comb through a potential job candidate's accounts during the hiring process? Not if you want to respect them ... and make sure all your legal bases are covered, said Mike Severns, president and CEO of Mountain States Employers Council Inc. at an ethics forum Friday. Severns adds that more and more companies are looking to third-party firms to check out social media accounts of candidates. "The best practice is to have someone else use the…
  • Boehringer, Blue Valley CAPS prep future animal health workers

    Brianne Pfannenstiel
    24 Oct 2014 | 12:59 pm
    Kevin Christiansen knew he had the Blue Valley School District students' attention when he showed up to class with a 5-gallon bucket of animal hearts. "They just dove right in," he said. "There's no fear with these students." Christiansen, a senior scientist with Boehringer Ingelheim Vetmedica Inc. in Saint Joseph, had been invited by a friend in the school district to speak with her students about career opportunities in veterinary medicine. He presented to students in the district's Center for…
  • add this feed to my.Alltop

    Energy & the Environment News - Energy News Headlines | Bizjournals.com

  • Fuel cell manufacturer opens expanded facility

    Sam Kusic
    24 Oct 2014 | 2:10 pm
    New York-based Watt Fuel Cell Corp. ceremonially opened its newly acquired and expanded Westmoreland County production facility on Friday. The company, which makes solid oxide fuel cells, cut the ribbon on the facility and the additional 30,000 square feet of space it expanded into at the Mt. Pleasant Glass Center. Friday's ceremony follows Watt's acquisition of Pittsburgh Electric Engines Inc., which was developing solid oxide fuel cells for the heavy-duty truck market. Watt acquired Pittsburgh…
  • Pepco plans 'dynamic' substation for Buzzard Point, block from soccer stadium site

    Michael Neibauer
    24 Oct 2014 | 1:54 pm
    "Dynamic" and "substation" are two words rarely seen in the same sentence. But that's how Pepco describes the facility it is bidding to building at Buzzard Point, immediately north of the proposed D.C. United stadium site. Pepco is seeking approvals from the District on multiple fronts to construct a large substation on a 4-acre square bounded by Q Street SW, First Street, R Street and Second Street, in addition to four underground transmission circuits. The site contains several buildings, including…
  • Pay-by-the-mile driving? Idea resurfaces in Colorado election campaigns

    Ed Sealover
    24 Oct 2014 | 1:53 pm
    Long a buzzword among policy wonks and transportation planners, the idea of creating a vehicle-miles-traveled fee to supplement or replace the gasoline tax has surfaced again in both federal and statewide political races in Colorado. The VMT fee would measure the distance traveled by a car or truck and charge the vehicle owner accordingly in order to raise money for road repairs and highway-building. It's an idea that cuts across party lines. Democrats and Republicans who back it say that it could…
  • Experts: Real estate and energy sectors to be most affected by crowdfunding

    Christopher Calnan
    24 Oct 2014 | 12:42 pm
    Real estate and energy deals are expected to dominate the transactions prompted by the equity crowdfunding rules approved in Texas earlier this week. Such investments will probably attract attention because they're not as risky and more attractive to unaccredited investors. Also, it's likely that the new rules will result in about 100 listing portals in Texas, many dedicated to specific sectors such as real estate or oil and gas, industry observers said. Got Energy? Sign up for our Energy Inc.…
  • Newly launched London energy company to open Houston office

    Jordan Blum
    24 Oct 2014 | 12:26 pm
    International energy consulting company Xodus Group launched a new London-based subsea engineering company that will soon establish its North American headquarters in Houston. Xodus Subsea is currently working with CresaPartners LLC to find about 20,000 square feet of office space in the Energy Corridor within the next few months to serve as the North American headquarters for the new company, said Matt Kirk, Xodus Subsea's managing director. "There's significant operations to be built up in Houston,"…
 
  • add this feed to my.Alltop

    Green News - Green News Headlines | Bizjournals.com

  • How a doll and being a STAR cut worker compensation rates and boosted morale

    Eric Jay Toll
    24 Oct 2014 | 11:41 am
    Under the towering concrete dome protecting the Palo Verde nuclear reactor, there's a doll in the building. Watching the parade of nuclear power specialists moving in and out of the building it's hard to imagine that Bob B. Safe is regarded with fondness and a commitment to safety. According to some, Bob B. Safe is actually Arizona Public Service Co. Senior Vice President of Plant Operations, Robert Bement. Bob B. Safe represents an employee-driven industrial safety campaign so effective that an…
  • Texas governor candidates Abbott, Davis talk education, immigration

    Bill Hethcock
    24 Oct 2014 | 11:15 am
    A state judge ruled in August that the Texas Legislature has "failed to meet its constitutional duty to suitably provide for Texas public schools." College costs are skyrocketing. Businesses are complaining that they can't find enough college-educated workers to grow in an increasingly high-tech economy — especially in the areas of science, technology, engineering and math. And the struggle to balance the employment of workers essential to Texas companies with the need to secure the border continues…
  • Chief sustainability officers becoming more common, survey finds, including 2 in Ohio

    Tom Knox
    24 Oct 2014 | 10:35 am
    Central Ohio is home to two chief sustainability officers of public companies, not a bad feat when there are just 36 members with the C-suite title in the country. They are Delaware's Greif Inc. and Toledo-based Owens Corning Corp., which has plants throughout the state and a CSO in Granville. The findings come from a new report from the Weinreb Group, an executive search firm that specializes in sustainable jobs. Scott Griffin handles sustainability for Greif(NYSE:GEF), the international industrial…
  • Indianapolis Motor Speedway wants to sell solar power to Ohio

    Tom Knox
    24 Oct 2014 | 8:35 am
    Ohioans, start your renewable energy credits. OK, so it's not as catchy as "Gentlemen, start your engines." But the world-renowned raceway that made the phrase famous wants Ohio to use its new solar energy farm. The Indianapolis Motor Speedway is asking state regulators for certification as a generating facility for renewable energy in Ohio. That means its solar panels would be able to generate solar renewable energy credits, or SRECs, that Ohio power companies can buy to meet state standards. A…
  • How SMUD turned a landfill site into a $4M solar-power plant

    Mark Anderson
    24 Oct 2014 | 7:22 am
    Sacramento Municipal Utility District has built a 1.5-megawatt solar array at Sutter's Landing park, the site of a former landfill. This $4 million project is meant not only to generate power, but also to demonstrate how solar power arrays can fit into an urban landscape. The site is close to power users on land that can't be used for much else, said Kathleen Ave, project manager with SMUD. Slideshow: Solar array at Sutter's Landing It was built by SMUD and the German solar company Conergy…
  • add this feed to my.Alltop

    Health Care News - Health Care News Headlines | Bizjournals.com

  • Four Minnesota hospitals picked for Ebola patients

    Jim Hammerand
    24 Oct 2014 | 2:49 pm
    Ebola patients in Minnesota will be treated at one of four hospitals, the Minnesota Hospital Association said Friday: University of Minnesota Medical Center, West Bank Campus, Minneapolis Mayo Clinic Hospital in Rochester, Saint Marys Campus Allina Health's Unity Hospital in Fridley Children's Hospitals and Clinics of Minnesota, St. Paul campus All of the state's hospitals will be prepared to detect, isolate and provide initial care for suspected Ebola cases before patients are transferred to one…
  • Eight Wisconsin companies earn awards from state

    Denise Lockwood
    24 Oct 2014 | 2:47 pm
    Several Wisconsin businesses – owned by minorities, women and service-disabled veterans – were honored with awards from Gov. Scott Walker. The Wisconsin Economic Development Corp., a public-private organization tasked with spurring economic development in the state, presented the awards Thursday at Marketplace 2014, the Governor's Conference on Minority Business Development. "We salute not only the winners and finalists, but also the nearly 200 successful companies that entered this year's…
  • New Cambia facility to bring health care, insurance, biotech industries together

    Annie Zak
    24 Oct 2014 | 2:20 pm
    Imagine a massive space where members of the Seattle-area health care community, from startups to health insurance companies to heavy-hitting research universities, could collaborate to solve pressing health care problems. That's the vision for the Cambia Grove, a 9,000-square-foot facility that is currently under construction and set to open in 2015 at the corner of Ninth Avenue and Olive Way. The new facility won't be far from where Amazon is building its new campus and where several new biotech…
  • UC says its five medical centers are ready to take Ebola patients

    Chris Rauber
    24 Oct 2014 | 2:03 pm
    The University of California has told California public health officials that its five medical centers, including UCSF Medical Center and UC Davis Medical Center in Northern California, are "positioned" to provide necessary specialty care for any potential Ebola patients in the Golden State. In effect, the UC hospitals have volunteered to take such cases, officials told the California Department of Public Health. "All of the UC Medical Centers specialize in complex care and operate as or staff…
  • Exclusive: Intel shares details on its new Providence and Kaiser health plans

    Elizabeth Hayes
    24 Oct 2014 | 1:59 pm
    Like every employer out there, Intel Corp. found that a small percentage of workers accounted for a large percentage of its health costs. To get a better handle on that dynamic, Intel about 10 years ago started trying out different initiatives — such as wellness programs, biometric screenings and generic drugs — all of which helped drive down costs. Then they started trending up again about three years ago, so the chipmaker decided to experiment by going directly to the doctors and bypassing…
  • add this feed to my.Alltop

    Human Resources News - Human Resources News Headlines | Bizjournals.com

  • Some Bay Area restaurants ready to toss out tipping in favor of flat fee

    Krystal Peak
    24 Oct 2014 | 2:52 pm
    Could tipping be on its way out? As restaurants grapple with costs and rising wages, some are considering adding a 20 percent service charge to all bills in lieu of customers paying a gratuity. The five businesses in the Bay Area: Comal, Camino, Duende, Bar Agricole and Trou Normand each plan make the policy switch within the next few weeks, according to the San Francisco Chronicle. And the Business Times' staff has heard rumblings from several others that this is an attractive option because it…
  • Grand Canyon University to manage, renovate Phoenix golf course

    Mike Sunnucks
    24 Oct 2014 | 2:28 pm
    Grand Canyon University is taking over management of Maryvale Golf Course and will undertake an $8 million renovation of the city-owned property. GCU President and CEO Brian Mueller said the city of Phoenix course loses as much as $300,000 annually and he hopes the school's management will turn the financial situation around. "It's just a beautiful peace of property," Mueller said in telephone interview. The city will still own the golf course but GCU will manage the property in a 30-year deal. Mueller…
  • Local investment capital firm sells real estate holdings for $44 million

    Braden Lammers
    24 Oct 2014 | 2:27 pm
    Patoka Capital LLC has sold six Regal Cinema locations for $44 million, according to a news release from the New Albany, Ind.-based private-equity firm. The six commercial properties were located in Missouri, South Carolina, West Virginia, Ohio and Pennsylvania. The properties were sold Sept. 30 to Spirit Realty Capital(NYSE: SRC), an Arizona-based real estate investment trust. Chance Ragains, managing director and CEO of Patoka Capital, said in the release that Patoka Capital will use the proceeds…
  • Exclusive: Intel shares details on its new Providence and Kaiser health plans

    Elizabeth Hayes
    24 Oct 2014 | 1:59 pm
    Like every employer out there, Intel Corp. found that a small percentage of workers accounted for a large percentage of its health costs. To get a better handle on that dynamic, Intel about 10 years ago started trying out different initiatives — such as wellness programs, biometric screenings and generic drugs — all of which helped drive down costs. Then they started trending up again about three years ago, so the chipmaker decided to experiment by going directly to the doctors and bypassing…
  • Daniels Fund's Ethics Summit addresses how Colorado business tackles social media

    Caitlin Hendee
    24 Oct 2014 | 1:33 pm
    With everything out there on social media, is it OK to comb through a potential job candidate's accounts during the hiring process? Not if you want to respect them ... and make sure all your legal bases are covered, said Mike Severns, president and CEO of Mountain States Employers Council Inc. at an ethics forum Friday. Severns adds that more and more companies are looking to third-party firms to check out social media accounts of candidates. "The best practice is to have someone else use the…
 
  • add this feed to my.Alltop

    Insurance News - Insurance News Headlines | Bizjournals.com

  • Top of the List: Central Ohio’s biggest office buildings

    Laura Newpoff
    24 Oct 2014 | 9:14 am
    The largest office building in the region is home to thousands of employees who enjoy amenities ranging from a Starbucks coffee shop to a dry cleaner to more than 7,000 parking spots. It was named for a man who was the first to nationally distribute the precursor to the Visa credit card and lived until the age of 97. We recently published a list of the area's biggest office buildings ranked by square footage. Weekly edition subscribers can find the full list in the Oct. 10 edition by clicking here. Click…
  • Health insurance illiteracy, just in time for plan enrollment

    Kris B. Mamula
    24 Oct 2014 | 8:45 am
    Just in time for health insurer's big open enrollment season and a survey finds that Americans know much less about health insurance than they think they know. The nonpartisan, nonprofit American Institutes for Research found a wide gap between what Americans think they know about health insurance and what they actually know. The findings come as Pittsburgh-area residents are getting bombarded with health insurance advertising and a flurry of new plan offerings for 2015. Here's an example of the…
  • California is most expensive state for workers' comp

    Scott Bridges
    24 Oct 2014 | 7:21 am
    Ouch -- the cost of workers' compensation in California is more expensive than any other state in the nation, a new study says. The Workers' Compensation Premium Rate Ranking Summary from Oregon's Department of Consumer and Business Services reveals that California businesses spend $3.48 for every $100 of payroll issue on workers' comp expenses. The ranking demonstrates a trend, as California was the third-most expensive state in 2012 and the fifth-most expensive in 2010, the Los Angeles Daily…
  • Kansas school districts considering earthquake insurance

    24 Oct 2014 | 5:45 am
    Seismic activity has increased significantly in south-central Kansas in the past few years, and it has some school district leaders thinking about whether they need to purchase earthquake insurance. KWCH News reports the Wellington school district is among those considering the issue. The district plans to take a quote for earthquake insurance to the school board next week.
  • MetLife growing in Ballantyne

    Will Boye
    24 Oct 2014 | 3:00 am
    MetLife Inc. has exercised its option to take the fifth floor of the Woodward building in Ballantyne Corporate Park. With the additional 28,371 square feet, MetLife will have 15 floors totaling 426,000 square feet at the twin Gragg and Woodward buildings in the south Charlotte office park. MetLife occupies the entire 10-story Gragg Building and will now have the first five floors in Woodward. The twin buildings are at the northwest corner of Ballantyne Commons Parkway and North Community House Road. A…
  • add this feed to my.Alltop

    Legal Services News - Legal Services News Headlines | Bizjournals.com

  • SEC fine and suspend Boca Raton auditor for violations

    Brian Bandell
    24 Oct 2014 | 1:44 pm
    The Securities and Exchange Commission fined Boca Raton auditor Eliot Berman $15,000 and suspended him from performing accounting for public companies for one year after settling a civil complaint. The regulator accused Berman and his accounting firm, Berman & Co., of violating federal laws that require lead audit partners to periodically rotate off their engagements with public companies. An accountant can't serve as the lead auditor for the same company for more than five consecutive fiscal years. The…
  • Daniels Fund's Ethics Summit addresses how Colorado business tackles social media

    Caitlin Hendee
    24 Oct 2014 | 1:33 pm
    With everything out there on social media, is it OK to comb through a potential job candidate's accounts during the hiring process? Not if you want to respect them ... and make sure all your legal bases are covered, said Mike Severns, president and CEO of Mountain States Employers Council Inc. at an ethics forum Friday. Severns adds that more and more companies are looking to third-party firms to check out social media accounts of candidates. "The best practice is to have someone else use the…
  • Report: Edwards Wildman to lose much of its IP practice in Boston

    Mary Moore
    24 Oct 2014 | 1:27 pm
    Edwards Wildman could be losing as many as 20 lawyers in its intellectual property practice in Boston as a result of a proposed merger with Locke Lord, according to a report by American Lawyer. The lawyers are moving to Mintz Levin Cohn Ferris Glovsky and Popeo, according to the trade publication. A local legal source interview by the BBJ said the move is more likely to affect 10 lawyers in Edwards Wildman's local IP practice. That would leave the firm with between 11 and 13 IP lawyers in Boston…
  • Houston companies hiring more in-house lawyers to save money

    Suzanne Edwards
    24 Oct 2014 | 1:18 pm
    Houston has drawn the interest and business of many top American law firms that want to capitalize on the high volume of energy transactions and litigation. But with those big-time national firms comes big-time national price tags. As a result, some Houston companies are reconsidering outsourcing their legal needs in favor of keeping in-house lawyers, said Alysa Schildcrout, managing principal at Houston-based Amicus Search Group, an executive search firm with an emphasis on legal services. Companies…
  • Davis-based Sierra Railroad wins additional $13M in suit against rival

    Mark Anderson
    24 Oct 2014 | 1:05 pm
    A federal judge in Sacramento on Thursday awarded Davis-based Sierra Railroad Co. $13.1 million in punitive damages in a dispute over freight shipments at McClellan Business Park. The award, by U.S. District Judge Troy Nunley, is for willful misappropriation of Sierra's trade secrets by a larger company, Patriot Rail Co. LLC of Jacksonville, Fla. The award is in addition to$22.2 million in compensatory damages and another punitive award of $17.4 million awarded earlier this year. The most recent…
  • add this feed to my.Alltop

    Logistics & Transportation News - Logistics & Transportation News Headlines | Bizjournals.com

  • Pay-by-the-mile driving? Idea resurfaces in Colorado election campaigns

    Ed Sealover
    24 Oct 2014 | 1:53 pm
    Long a buzzword among policy wonks and transportation planners, the idea of creating a vehicle-miles-traveled fee to supplement or replace the gasoline tax has surfaced again in both federal and statewide political races in Colorado. The VMT fee would measure the distance traveled by a car or truck and charge the vehicle owner accordingly in order to raise money for road repairs and highway-building. It's an idea that cuts across party lines. Democrats and Republicans who back it say that it could…
  • Davis-based Sierra Railroad wins additional $13M in suit against rival

    Mark Anderson
    24 Oct 2014 | 1:05 pm
    A federal judge in Sacramento on Thursday awarded Davis-based Sierra Railroad Co. $13.1 million in punitive damages in a dispute over freight shipments at McClellan Business Park. The award, by U.S. District Judge Troy Nunley, is for willful misappropriation of Sierra's trade secrets by a larger company, Patriot Rail Co. LLC of Jacksonville, Fla. The award is in addition to$22.2 million in compensatory damages and another punitive award of $17.4 million awarded earlier this year. The most recent…
  • Weekend parking proposal for downtown Milwaukee draws skepticism from alderman

    Sean Ryan
    24 Oct 2014 | 12:40 pm
    Downtown Ald. Robert Bauman was skeptical of the call for a study on whether to change Milwaukee's more lax street parking policies on the weekends. Ald. Joe Dudzik drafted a resolution asking the Milwaukee Department of Public Works to study whether changing the weekend parking hours and rates would make street spaces more available and attract more people downtown, to the 3rd Ward and Mitchell Street. The concept is to encourage higher turnover in parking spots. The city on Saturday and Sunday…
  • Regional carriers shuffling facilities, jobs at CLT

    Jen Wilson
    24 Oct 2014 | 12:01 pm
    As American Airlines Group Inc. (NASDAQ:AAL) continues to realign its post-merger operations, some changes are coming to the regional carriers that serve Charlotte Douglas International Airport. A Worker Adjustment and Retraining Notification, or WARN notice, filed with the N.C. Department of Commerce indicates more than 600 workers will be affected by a permanent closure of Mesa Airlines' facility at CLT. But a spokesman for that company says not much will actually change at the local airport. That's…
  • Ebay to hire 2,000 locally for the holidays

    Andy Brownfield
    24 Oct 2014 | 11:58 am
    Ecommerce giant Ebay is looking to hire more than 2,000 locally at its new Walton, Ky. fulfillment center, which is hosting a ribbon cutting on Oct. 28. Ebay Enterprise – the commerce technologies, warehouse and store-based fulfillment arm of Ebay – is hosting a job fair to fill the 2,000 seasonal positions at its new 630,000-square-foot fulfillment facility after the Oct. 28 ribbon cutting. The center will create 300 full-time jobs. The company is looking to hire pickers, packers, shippers,…
 
  • add this feed to my.Alltop

    Manufacturing News - Manufacturing News Headlines | Bizjournals.com

  • Seattle startup Tred shifts gears, arrives at new business model

    Stephanie Forshee
    24 Oct 2014 | 1:25 pm
    Seattleites might be looking to sell their cars, but who has the time or the know-how? Enter: Tred. The Seattle startup completely hit the brakes on its three-year-old business model of delivering vehicles for customers to test drive and it is now in the car-selling business. Tred now helps customers sell their car behind-the-scenes to a private party. Customers fill out a form online with the specifics on their vehicle – year, make, model, condition – and then Tred provides a quote. If…
  • NCSU textile spinout is out to conquer stinky socks

    Dawn Wallace
    24 Oct 2014 | 1:24 pm
    An N.C. State University College of Textiles spin-out company has designed a product that make socks smell better. Two College of Textiles professors create SmellySox, created by Textilescents. The socks have designs on them, and can be infused with aroma therapeutic scents such as jasmine and chamomile. The best part is you can inject the smell back into the socks when it wears out. The company is on the verge of creating a Kickstarter campaign to garner funds to get the company off the ground,…
  • Standard Register continues to sell its turnaround

    Joe Cogliano
    24 Oct 2014 | 1:02 pm
    The reinvention of Standard Register is taking longer than expected, but it's coming. At least that's the message I took away from a conference call by company President and CEO Joe Morgan Jr. on Friday following the Dayton-based company's earnings release. Standard Register posted a $5.6 million loss in its third quarter, but that's a big improvement from the $23.2 million loss it took in the same period last year. It also reported more than $219 million in revenue for the quarter, a 10 percent…
  • Benz Oil expands, under new leadership

    Denise Lockwood
    24 Oct 2014 | 1:02 pm
    Some in manufacturing call the use of lubricants in the manufacturing process the "black magic" of the industry and that's what Milwaukee-based Benz Oil, which makes specialty lubricants, provides its customers. Use the right lubricant and you can get more life out of a machine, reduce energy and tooling costs, or get a different type of sheen on a piece of metal. And with companies emphasizing advanced manufacturing, this is what is fueling much of the growth at this 50-employee shop. The company…
  • Ashley Furniture now has 657 jobs at Davie County facility

    Katie Arcieri
    24 Oct 2014 | 12:03 pm
    Ashley Furniture Industries Inc. now has 657 new jobs at its recently unveiled 2.8 million-square-foot manufacturing and distribution center in Davie County, with plans to have 800 by the end of the year. The Arcadia, Wis.-based company recently celebrated the grand opening of the manufacturing and distribution center in Advance. Gov. Pat McCrory, Sen. Richard Burr and Congresswoman Virginia Foxx were among the government officials and business representatives who attended the Oct. 17 event. The…
  • add this feed to my.Alltop

    Media & Marketing News - Media & Marketing News Headlines | Bizjournals.com

  • Southwest Airlines rolling out four weddings and a lot of dance moves in new TV campaign

    Lewis Lazare
    24 Oct 2014 | 1:33 pm
    Did you ever think Southwest Airlines (NYSE: LUV) would totally abandon its wildly unconventional way of doing advertising? Of course not. For four decades Dallas-based Southwest was synonymous with outlandish TV spots. The airline only got a little more buttoned down, so to speak, when 18 months or so ago it turned to TBWA/Chiat/Day in Los Angeles to do a brand campaign intended to suggest Southwest had grown up after more than 40 years in the skies. But not so fast. Grown up it may be, but…
  • Daniels Fund's Ethics Summit addresses how Colorado business tackles social media

    Caitlin Hendee
    24 Oct 2014 | 1:33 pm
    With everything out there on social media, is it OK to comb through a potential job candidate's accounts during the hiring process? Not if you want to respect them ... and make sure all your legal bases are covered, said Mike Severns, president and CEO of Mountain States Employers Council Inc. at an ethics forum Friday. Severns adds that more and more companies are looking to third-party firms to check out social media accounts of candidates. "The best practice is to have someone else use the…
  • Southwest Airlines rolling out four weddings and a lot of dance moves in new TV campaign

    Lewis Lazare
    24 Oct 2014 | 12:48 pm
    Did you ever think Southwest Airlines (NYSE: LUV) would totally abandon its wildly unconventional way of doing advertising? Of course not. For four decades Southwest was synonymous with outlandish TV spots. The airline only got a little more buttoned down, so to speak, when 18 months or so ago it turned to TBWA/Chiat/Day in Los Angeles to do a brand campaign intended to suggest Southwest had grown up after more than 40 years in the skies. But not so fast. Grown up it may be, but starting Sunday,…
  • Box-office preview: ‘Ouija’ to scare off ‘John Wick’

    Annlee Ellingson
    24 Oct 2014 | 12:47 pm
    With Halloween right around the corner, moviegoers are primed to play "Ouija." Universal's horror flick based on the Hasbro game is tracking in the $20 million range while Keanu Reeves' return to action in "John Wick" should make about half that behind "Fury" and "Gone Girl." Haunting 2,858 movie houses, per Box Office Mojo data, "Ouija" centers on a group of friends who use the titular "spirit board" to try to communicate with a dead friend. Produced by Michael Bay's Platinum Dunes and Jason Blum's…
  • Condé Nast Traveler lists Baltimore among 10 'most underrated cities'

    Joanna Sullivan
    24 Oct 2014 | 12:12 pm
    Baltimoreans tired of defending their city have a little more ammunition. Condé Nast Traveler named Baltimore No. 2 on its list of "10 Most Underrated American Cities." The list focuses on small and midsize cities that people often ignore in favor of ritzier locales like San Francisco, New York and Washington, D.C. The travel magazine has plenty of nice things to say about the city's architecture, food, beer and culture. "Culture vultures have their pick of parks, festivals, and museums, including…
  • add this feed to my.Alltop

    Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com

  • Eight Wisconsin companies earn awards from state

    Denise Lockwood
    24 Oct 2014 | 2:47 pm
    Several Wisconsin businesses – owned by minorities, women and service-disabled veterans – were honored with awards from Gov. Scott Walker. The Wisconsin Economic Development Corp., a public-private organization tasked with spurring economic development in the state, presented the awards Thursday at Marketplace 2014, the Governor's Conference on Minority Business Development. "We salute not only the winners and finalists, but also the nearly 200 successful companies that entered this year's…
  • Shorenstein seeks right to turn Oakland office project into housing

    Cory Weinberg
    24 Oct 2014 | 1:59 pm
    The owner of the largest proposed office tower that's under construction in Oakland – 601 City Center – wants the right to convert all or part of the stalled project to housing. Shorenstein Properties and MetLife Real Estate Investments took control of the vacant property in 2007 from Oakland's redevelopment agency with the promise it would build offices there, but has failed to attract an anchor tenant to the premium downtown sites. The 601 City Center site is now an empty hole across form…
  • Winter Park, west Orange dominate 2Q luxury home sales

    Anjali Fluker
    24 Oct 2014 | 1:58 pm
    This year's second quarter was an active one for Central Florida's $1 million-plus home buyers. Orlando Business Journal's parent company collected data on the 20 most-expensive Central Florida homes that were recorded as selling in this year's second quarter. The top 20 homes, all of which were in Orange County, sold for a total of $57.3 million — an average of $2.9 million — with the highest-priced home sale notching $6.9 million. Half of the 20 most-expensive closings were in Winter Park…
  • Horn Lake vehicle auction company finds dry spot near Memphis airport

    Ryan Poe
    24 Oct 2014 | 1:37 pm
    Horn Lake, Mississippi, auction company Dealer's Auto Auction will move close to Memphis International Airport in early 2015, bringing 100 jobs, according to a news report. The auction, which is currently at 6723 U.S. 51 in Horn Lake, will pay the airport $400,000 in annual rent for up to about five years for 24 acres north of Democrat near the FedEx Express world hub, The Commercial Appeal reported Friday. After three years, either the airport or auction can end the lease. The auction is also…
  • Behind Phil Kirk's behind-the-scenes efforts was a heart of gold

    Rob Roberts
    24 Oct 2014 | 1:06 pm
    After learning of Phil Kirk's death on Thursday, I reflected on meeting him for the first time. It was the spring of 2010, and as I pulled up to his home, in a posh Kirkwood condominium tower near the Country Club Plaza, I felt a bit intimidated. After all, I was just a lowly commercial real estate reporter who had taken over after my successor on that beat, the legendary Jim Davis, had died two years earlier. I had been assigned to interview Phil Kirk, another Kansas City commercial real estate…
 
  • add this feed to my.Alltop

    Retailing & Restaurants News - Retailing & Restaurants News Headlines | Bizjournals.com

  • The 50 fastest-growing private companies in Silicon Valley (slideshow)

    Eric Van Susteren
    24 Oct 2014 | 2:53 pm
    In Silicon Valley, it takes explosive growth to get noticed. We've found 50 companies whose sales put them at the top of the heap. This group of the 50 fastest-growing private companies in Silicon Valley spanned the gamut from selling artificial Christmas trees to creating medical devices aimed at markets worth billions of dollars. The cutoff to make this year's list was 35 percent growth over a three-year span — and the No. 1 company topped 3,000 percent sales increases. Click on the accompanying…
  • She put women in tech in their undies. Now she's back, and going after history's greatest women

    Mary Johnson
    24 Oct 2014 | 1:46 pm
    Remember that underwear company that caused a ruckus a few months back when it featured women in tech in their skivvies? It's baaack. And this time, it's turning great women from history into lingerie models — so to speak. History class was a long time ago, but we all remember learning about Harriet Tubman, Marie Curie, Amelia Earhart and Frida Kahlo. (If it feels like a really long time ago, click on each of their names for a brief synopsis.) Well, Julie Sygiel, founder of Dear Kate, has dedicated…
  • San Francisco's 'Bar Car' serves booze food-truck style

    Annie Sciacca
    24 Oct 2014 | 1:45 pm
    There's a food truck serving bugs, a food truck for dogs, and now, there's one serving booze. Bar Car, a 1965 Airstream trailer-turned-mobile bar is making its debut in the Bay Area. While it won't be parked on the street as some of the area's many food trucks are, the Bar Car's catering liquor license will allow it to pour at any sort of private event such as weddings, corporate events and birthday parties. The booze-centric truck is the brainchild of restaurant and bar entrepreneur Greg Medow,…
  • Tumbleweed to leave waterfront store, but money settlement up in the air

    Caitlin Bowling
    24 Oct 2014 | 1:42 pm
    Tumbleweed Restaurants Inc. has agreed to vacate its waterfront store at 1201 River Road. But it is still unclear who will have to pay up in a dispute between the restaurant company and its landlord, Waterweed LLC. "We are going to seek all past due rent and damages," said Greg Berman, an attorney with Wyatt, Tarrant and Combs LLP who represents Waterweed LLC. Berman said he and his client, Waterweed, is satisfied with the outcome of the eviction case. The agreement filed with Jefferson County…
  • Elk Grove outlet mall may have legal challenge

    Ben van der Meer
    24 Oct 2014 | 1:39 pm
    A newly approved plan for an outlet mall in Elk Grove could draw legal challenges from a neighboring property owner. Mike Grehl, vice president of M&H Realty, which owns property designated for retail development next to the outlet-mall site, said in a statement Thursday the city of Elk Grove is picking winners and losers when it approved the outlet mall plan. "We are not opposed to the outlet project," Grehl said in an email statement. "However, it is troubling that the city rejected our repeated…
  • add this feed to my.Alltop

    Sports Business News - Sports Business News Headlines | Bizjournals.com

  • Joe Maddon's partnership in Ava restaurant stays intact

    Eric Snider
    24 Oct 2014 | 1:34 pm
    Joe Maddon may have opted out of his contract with the Tampa Bay Rays, but his partnership in Ava, the new Italian restaurant scheduled open in South Tampa next month, remains unchanged. Ava's principal owner, Michael Stewart, who also owns 717 South across Howard Avenue from Ava (AH-va), confirmed Maddon's continued involvement in the venture. "Joe's going to be at our opening," Stewart said. "We had a nice dinner last night and he's really excited about Ava. He's keeping his house in Tampa. His…
  • Daniels Fund's Ethics Summit addresses how Colorado business tackles social media

    Caitlin Hendee
    24 Oct 2014 | 1:33 pm
    With everything out there on social media, is it OK to comb through a potential job candidate's accounts during the hiring process? Not if you want to respect them ... and make sure all your legal bases are covered, said Mike Severns, president and CEO of Mountain States Employers Council Inc. at an ethics forum Friday. Severns adds that more and more companies are looking to third-party firms to check out social media accounts of candidates. "The best practice is to have someone else use the…
  • Weekend playbook: The NFL scratches its itch for London this weekend

    Rick Johnston
    24 Oct 2014 | 1:06 pm
    The National Football League is king in America, but there is the irksome matter of the rest of the world, where it is not king. At least, not yet. So imagine the league's inner joy as it hears that the British government is willing to do "anything" to get the NFL across the pond. As Wembley Stadium is posed to host the Atlanta Falcons and the Detroit Lions on Sunday, Chancellor of the Exchequer George Osborne told the Evening Standard, "This is primarily a decision for the owners of the clubs and…
  • The highest-paid St. Louis Blues players

    Brian Feldt
    24 Oct 2014 | 12:53 pm
    Paul Stastny, the native-St. Louisan and high profile free agent acquisition, is also the highest-paid player on the St. Louis Blues this season. Stastny, a center who signed a four-year, $28 million contract with the Blues in July, is earning $7 million per season. Defenseman Alex Pietrangelo ($6.5 million) and left winger Alexander Steen ($5.8 million) are the second and third highest-paid players on the Blues, respectively. The Blues, which have an estimated annual revenue of $110 million, have…
  • Area businesses show off Royals pride (Part 3)

    Leslie Collins
    24 Oct 2014 | 12:40 pm
    And the Royals fever continues. Area businesses didn't disappoint when we asked them to submit photos of their Kansas City Royals pride. For round three, we saw everything from Royals banners to a company website going royal blue to employees showing off their "Dyson Dance" moves. We'd like to give a big thanks to all of the companies who participated. Here's gallery No. 3. Enjoy.
  • add this feed to my.Alltop

    Technology News - Technology News Headlines | Bizjournals.com

  • The 50 fastest-growing private companies in Silicon Valley (slideshow)

    Eric Van Susteren
    24 Oct 2014 | 2:53 pm
    In Silicon Valley, it takes explosive growth to get noticed. We've found 50 companies whose sales put them at the top of the heap. This group of the 50 fastest-growing private companies in Silicon Valley spanned the gamut from selling artificial Christmas trees to creating medical devices aimed at markets worth billions of dollars. The cutoff to make this year's list was 35 percent growth over a three-year span — and the No. 1 company topped 3,000 percent sales increases. Click on the accompanying…
  • Elon Musk: Mars needs men and women

    Sara Castellanos
    24 Oct 2014 | 2:53 pm
    As CEO of California-based SpaceX, Elon Musk aims to build a self-sustaining city on Mars. Think of it as wanting to have a "back-up file" to Planet Earth, where humans can ensure that their species will survive and thrive for a long time, Musk said at MIT's Centennial Symposium today. "A multi-planet version of humanity's future is going to last a lot longer ... than if we were a single-planet species," he said at the event. His critics have asked why he'd focus technological efforts on building…
  • CoorsTek buys battery technology maker, forms new speciality division

    Greg Avery
    24 Oct 2014 | 2:52 pm
    CoorsTek has purchased Boulder Ionics, maker of electrolytes for batteries, and has paired it with another business to form a CoorsTek Specialty Chemicals unit. The Golden-based company announced the deal Friday. Terms were not disclosed. Arvada-based Boulder Ionics, formed in 2011, makes electrolytes sold to makers of batteries and capacitors used in consumer electronics, automobiles and, possibly, for use by utility companies in grid-scale energy storage. The electrolytes are designed to store…
  • Amazon loses $170M on Fire Phone, but that's not why stock is plunging

    Rachel Lerman
    24 Oct 2014 | 2:29 pm
    Amazon made a big bet on its first smartphone, decking the Fire Phone out with cool features and an updated app store. But it didn't pay off. The company took a $170 million charge related to a write-down of inventory costs, "primarily related to the Fire Phone," Amazon CFO Tom Szkutak said in the third-quarter earnings conference call Thursday. Amazon reported a $437 million loss in its quarterly results Thursday, significantly more than Wall Street was expecting. The stock fell dramatically after…
  • Roku reported to be working on confidential IPO filing

    Cromwell Schubarth
    24 Oct 2014 | 2:14 pm
    Roku is reportedly working on a confidential filing for plans to raise as much as $150 million in an IPO. The Wall Street Journal cited unnamed sources who said that the Saratoga-based streaming content device maker is working with Bank of America, Merrill Lynch, Citigroup and others on the filing. It isn't clear when Roku might plan to go public. A number of tech companies, including Box and Good Technology, have put off their IPOs until next year due to market volatility after filing publicly…
 
  • add this feed to my.Alltop

    Travel Business News - Travel Business News Headlines | Bizjournals.com

  • Don't work for free – take your vacation (and help the economy)

    Brandon Brown
    24 Oct 2014 | 2:50 pm
    Americans are working too hard and it is causing the economy to suffer. According to a new study by the U.S. Travel Association, many employees are who receiving paid time off are not taking what is given to them, and it is having an effect on the economy. The research, which was conducted by Oxford Economics, said that nearly five days of paid time off were not used by employees in 2013 – 1.6 of those days were permanently lost to employees. A total of 169 million vacation days were lost last…
  • Pay-by-the-mile driving? Idea resurfaces in Colorado election campaigns

    Ed Sealover
    24 Oct 2014 | 1:53 pm
    Long a buzzword among policy wonks and transportation planners, the idea of creating a vehicle-miles-traveled fee to supplement or replace the gasoline tax has surfaced again in both federal and statewide political races in Colorado. The VMT fee would measure the distance traveled by a car or truck and charge the vehicle owner accordingly in order to raise money for road repairs and highway-building. It's an idea that cuts across party lines. Democrats and Republicans who back it say that it could…
  • Confirmed: Disney ditching iconic sorcerer’s hat at Hollywood Studios next year

    Megan Ribbens
    24 Oct 2014 | 1:40 pm
    It's time to take your final photos and say your goodbyes, as the iconic Mickey's sorcerer's hat at Disney's Hollywood Studios will be removed. Walt Disney World confirmed to Orlando Business Journal on Oct. 24 that the 122-foot-tall hat, which has been the centerpiece of the theme park since 2001, will be removed. "Work continues on bringing new experiences to life at Disney's Hollywood Studios and we look forward to sharing more information at a later date," said Disney spokesman Bryan Malenius,…
  • Savvy holiday travelers know how to avoid flight delays at L.A.-area airports, and now you will too

    Scott Bridges
    24 Oct 2014 | 1:39 pm
    What's the best airport in the Los Angeles metropolitan area for you to fly in and out of this holiday season if you're concerned about delays or cancellations? A new study by Nerdwallet has ranked airports locally and nationally in terms of their reliability. While you might get delayed in traffic getting to an airport, you'll be relieved with the knowledge that as a city, L.A. ranks a respectable ninth in delays and cancellations. The study took into account delays or cancellations caused by…
  • Horn Lake vehicle auction company finds dry spot near Memphis airport

    Ryan Poe
    24 Oct 2014 | 1:37 pm
    Horn Lake, Mississippi, auction company Dealer's Auto Auction will move close to Memphis International Airport in early 2015, bringing 100 jobs, according to a news report. The auction, which is currently at 6723 U.S. 51 in Horn Lake, will pay the airport $400,000 in annual rent for up to about five years for 24 acres north of Democrat near the FedEx Express world hub, The Commercial Appeal reported Friday. After three years, either the airport or auction can end the lease. The auction is also…
  • add this feed to my.Alltop

    Small Business RSS Feed

  • Birmingham businesses’ asking price decrease in 3Q

    Antrenise Cole
    24 Oct 2014 | 1:02 pm
    The median asking price of Birmingham businesses slightly dipped in the third quarter from the previous year, according to BizBuySell.com. However, local small businesses experienced higher revenue and cash flow. The median asking price of businesses for sale in the Magic City was $299,000 in the quarter ended Sept. 30, compared to $300,000 a year ago. The Birmingham economic data is based on 65 Birmingham-area businesses listed at BizBuySell.com in the third quarter. The statistics are based on…
  • How to use pay-per-click advertising to grow your business

    Shama Hyder
    24 Oct 2014 | 9:43 am
    Shama Hyder is a Dallas-based entrepreneur and tech expert who answers questions about the marriage of technology and marketing. Question: I'm the owner of an online women's clothing boutique, and I'm looking for new ways to market my business. Could you please elaborate on what exactly PPC is,and how I can use it to expand my reach online affordably? Answer: PPC, or pay-per-click, can be a very effective way to market your business online. Basically, PPC is a type of online ad that you pay…
  • Here's who's making SBA loans in Tampa Bay

    Margie Manning
    24 Oct 2014 | 8:40 am
    Nineteen Tampa Bay lenders approved a total of 175 Small Business Administration 7(a) loans in the fiscal year ended Sept. 30. The approved dollar amount of all the loans was $141.4 million, and the approved SBA guaranty dollar amount was $105.8 million, according to data from the National Association of Government Guaranteed Lenders. Topping the list was HomeBanc, part of Tampa-based HomeBancorp Inc. HomeBanc approved 51 loans totaling $47 million, with the SBA guaranteeing $35.3 million. C1…
  • Toomey: Ebola-related travel ban 'makes sense' (Video)

    Patty Tascarella
    24 Oct 2014 | 5:13 am
    U.S. Sen. Pat Toomey favors restricting travel by West Africans to the United States to stop further spread of the Ebola virus and said he sent a letter to Sylvia Mathews Burwell, Secretary of Health and Human Services, about his concerns. "For now, it makes a lot of sense to put a pause on this," the Republican senator from Pennsylvania said Thursday during a visit to the Pittsburgh Business Times. "We know who's been in these countries and we know this disease is asymptomatic for a period that…
  • DIA's bid process for retail concessions is raising concerns

    Cathy Proctor
    24 Oct 2014 | 3:30 am
    Allegations of bid rigging for a contract to run duty-free shops at Denver International Airport are swirling at a crucial time, with the airport preparing to launch 11 requests for proposals seeking businesses to run 14 shops and restaurants. The upcoming concessions contracts will mean millions of dollars in revenue for the airport, and millions more to the businesses that win exclusive rights to sell food and retail items to travelers passing through DIA, the fifth-busiest airport in the nation. DIA…
  • add this feed to my.Alltop

    Albany Business News - Local Albany News | Business Review of Albany

  • Albany business leaders take steps to avoid Burlington, Vermont's fate

    David Robinson
    24 Oct 2014 | 12:02 pm
    John Hartzell contemplated the future of GlobalFoundries' $10 billion complex in Malta, New York before a speech Thursday by the computer chip manufacturing company's top regional executive, Thomas Caulfield. Hartzell, an attorney and Malta Town Board member, thought about the high-stakes world of semiconductors. He talked about other states and countries hungry for the thousands of jobs and billions of dollars in investments tied to GlobalFoundries, just north of Albany. Hartzell also focused…
  • Metal recycler expanding at Port of Albany, again

    Krystle S. Morey
    24 Oct 2014 | 11:12 am
    Upstate Shredding is expanding its metal recycling operations at the Port of Albany. The Owego, New York-based metal recycler has spent the last year expanding its footprint in the Albany, New York market, acquiring several competitors. This adds to Upstate Shredding's current 19-acre scrap yard at the port. Rich Hendrick, general manager at the port, said he and Upstate Shredding are negotiating a 10-acre lease worth $15,000 an acre. The lease will be rolled into Upstate Shredding's current lease,…
  • Aereo loses again, but the game still might not be over

    24 Oct 2014 | 10:58 am
    Aereo, the Long Island City streaming video startup that lost a Supreme Court case over its practice of retransmitting over-the-air television, has been denied a license to operate as a cable company, though the company may still have other options for moving forward. Gigaom explained that the ruling by US District Judge Alison Nathan means Aereo most likely has no way of relaunching its live-streaming business, even if it paid retransmission fees to broadcasters. However, that post continued, Judge…
  • Airbnb value set to jump to $13B in employee stock sale

    Cromwell Schubarth
    24 Oct 2014 | 10:52 am
    Airbnb is reportedly pitching an employee stock sale to investors that would jump its valuation to about $13 billion, up from the $10 billion it was valued at in April. The San Francisco-based hotel alternative is looking for a way for some of its employees to cash in some of their private stock and isn't raising any cash in the move, unnamed sources told the Wall Street Journal. But it continues to face pushback from regulators in some important travel destinations, including New York where Attorney…
  • Who and what you missed at the 2014 Partners in Philanthropy event (Slideshow)

    Donna Abbott Vlahos
    24 Oct 2014 | 10:32 am
    Who and what you missed at the 2014 Partners in Philanthropy event (Slideshow)
 
  • add this feed to my.Alltop

    Albuquerque Business News - Local Albuquerque News | Albuquerque Business First

  • After 90 days on the job, Grindatto has 5 big takeaways

    Dan Mayfield
    24 Oct 2014 | 12:27 pm
    The first 90 days as the interim president and CEO of the new Sandoval Economic Alliance have been a crash course in identifying and solving Sandoval County's economic woes for Jami Grindatto. Grindatto helped launch the new SEA after the Rio Rancho Economic Development Corp. downsized early this year. A former Intel Corp. executive, Grindatto helped the Fortune 100 firm find sites for its plants and, he said, he understands the behind-the-scenes machinations that companies like Intel go through…
  • National Institute of Flamenco finds new Albuquerque headquarters

    Damon Scott
    24 Oct 2014 | 12:07 pm
    The fire happened last December, and since then the internationally renowned National Institute of Flamenco has been without a permanent home. A fire that began in the ceiling of its former Downtown Albuquerque headquarters at 214 Gold Ave. SW made the building a total loss. It has since been demolished. Students and teachers have been using temporary space for several months but have now located a new home for three dance studios, administrative offices and retail and performance space. The new…
  • See who joined us for Top CEOs 2014

    Andy Beale
    24 Oct 2014 | 10:48 am
    We had quite the turnout at our Top CEOs of 2014 event. More than 350 people joined us at the Sandia Resort & Casino to see who we picked as our honorees for 2014. Out of a highly competitive pool of nominees, our judges chose 20 business leaders to honor as this year's Top CEOs. Honorees were selected in the categories of Business Services, Health, Nonprofit, Technology and Tribal companies. Nominations were made by the public and nominated CEOs were asked to submit an application detailing their…
  • H&M zeroes in on opening date at Coronado Center

    Damon Scott
    24 Oct 2014 | 10:05 am
    H&M fans, can you wait at least a few more weeks? Coronado Center senior general manager Randy Sanchez said he's hopeful the estimable international fashion retailer will open by mid-November — Thanksgiving Day at the latest. Sanchez would like to merge the H&M opening with the grand re-opening of the mall, as it puts the final touches on a multimillion-dollar renovation that began in January. H&M was a big catch for Coronado, which saw its Gap stores leave for ABQ Uptown but reeled in Bonefish…
  • La Cumbre pulls ahead early in Beer Madness round three

    Andy Beale
    24 Oct 2014 | 9:23 am
    It's only been a little more than 24 hours since voting opened for Beer Madness round three, and La Cumbre is already clearly in the lead. La Cumbre brews are featured in three out of the four matchups in round three, and the brewery is winning all three of them. La Cumbre's Elevated IPA is smashing Marble's IPA with 67 percent of the vote, and La Cumbre's Malpais Stout is way ahead of the Canteen Brewhouse Panama Joe Coffee Stout, with 55.3 percent of the vote compared to Canteen's 27.7 percent…
  • add this feed to my.Alltop

    Atlanta Business News - Local Atlanta News | Atlanta Business Chronicle

  • A Q&A with Zach Velmer of Sound Tribe Sector 9 (SLIDESHOW)

    Phil W. Hudson
    24 Oct 2014 | 11:49 am
    On Oct. 19, Atlanta Business Chronicle spoke to Sound Tribe Sector 9's (STS9) drummer, Zach Velmer, about the bands upcoming record, its tour and how the band has adapted to its new bassist Alana Rocklin after the band's founding member and former bassist, David Murphy, took an exit. STS9 is an instrumental, electronic rock band that originated in Atlanta. Atlanta Business Chronicle: When is the next record expected to come out and what kind of style are y'all going with? Zach Velmer: Hopefully…
  • Investment bankers hired to sell Atlanta Hawks

    Maria Saporta
    24 Oct 2014 | 11:48 am
    The Atlanta Hawks have retained investment banking team with Goldman Sachs Group Inc. and Inner Circle Sports to sell the team. The only problem is no one is exactly sure how much of the team is for sale. Bruce Levenson, the managing partner of the Atlanta Hawks who represented an ownership group with 50.1 percent interest in the team, is definitely selling that share. Levenson wants to sell at least his share of the Atlanta Hawks, according to a published report in Bloomberg, which was confirmed…
  • UPS: We're ready for the holiday shopping rush

    David Allison
    24 Oct 2014 | 11:47 am
    UPS won't get caught by surprise by an unexpected crush of holiday packages, like it did last year, the company promised Friday. Speaking to analysts Oct. 24 as the company announced third quarter results, Myron Gray, president of U.S. Operations for UPS (NYSE: UPS), said the company has been preparing for this year's holiday shipping rush -- since December 26th last year. "We've made significant investments in new technology as well as both permanent and temporary capacity," he said. "The improvements…
  • Eighth exec charged in Carter’s insider trading case

    24 Oct 2014 | 11:40 am
    The Securities and Exchange Commission filed insider trading charges against a New Jersey-based hedge fund manager who allegedly used material, nonpublic information to trade in advance of market-moving news about Carter's Inc. Stephen Slawson, who lives in Lebanon, N.J., and was co-founder and former manager to a hedge fund named TCMP3 Partners LP, is now the eighth individual the SEC has charged in connection with the agency's investigation into insider trading and other misconduct involving the…
  • Georgia Power will invest $12M to drive electric vehicle sales

    Urvaksh Karkaria
    24 Oct 2014 | 11:21 am
    Georgia leads the nation in electric vehicle adoption — one of out about every 60 new cars registered in the Peach State, in the first six months, was an all-electric vehicle. Now, the state's electric utility, Georgia Power Co., will invest $12 million to accelerate that momentum by adding EV charging infrastructure. Georgia Power will beef up electric vehicle charging infrastructure through 2016 via electric bill credits and 50 new public charging locations. The two-year pilot program is not…
  • add this feed to my.Alltop

    Austin Business News - Local Austin News | Austin Business Journal

  • Owners: New Dog and Duck Pub at least two months away

    Chad Swiatecki
    24 Oct 2014 | 12:54 pm
    Owners of the Dog and Duck Pub near the University of Texas campus hope to close a deal on the lease for a new East Austin location next week, following the decision by owners of the property to tear down the building for redevelopment. The business, which opened in 1990, is set to close on Oct. 31. Jeff McKillop, one of the co-owners of the bar and restaurant, wouldn't confirm reports that the business' new location will be on East Seventh Street but said he and his partners have been working hard…
  • ABIA security line waits tracked with your Wi-Fi devices

    Michael Theis
    24 Oct 2014 | 12:53 pm
    For the past year, every time you've queued up for the security lines at Austin-Bergstrom International Airport, your mobile devices are helping other travelers decide which security line they want to stand in, reports PC World. That's because Cisco Systems Inc. and Boingo Wireless have, for the past year, partnered to use your mobile devices' Wi-Fi or Bluetooth signals to calculate how many people are waiting in a given part of the airport. The system works because, even if you are not connected…
  • ACC considers offering bachelor's of nursing degrees to meet demand

    Chad Swiatecki
    24 Oct 2014 | 12:52 pm
    Austin Community College could start producing more nurses with advanced training in the coming years if the state of Texas opts to let it issue bachelors degrees in nursing to graduates with associate degrees. The higher level of medical training could come about if the state moves forward with a change in higher education law that would let two-year community colleges offer more advanced degrees for careers that are facing a drastic shortfall of candidates. The matter will be one of several decided…
  • Experts: Real estate and energy sectors to be most affected by crowdfunding

    Christopher Calnan
    24 Oct 2014 | 12:42 pm
    Real estate and energy deals are expected to dominate the transactions prompted by the equity crowdfunding rules approved in Texas earlier this week. Such investments will probably attract attention because they're not as risky and more attractive to unaccredited investors. Also, it's likely that the new rules will result in about 100 listing portals in Texas, many dedicated to specific sectors such as real estate or oil and gas, industry observers said. Got Energy? Sign up for our Energy Inc.…
  • Analyst: Sprouts Farmers Market lags Whole Foods in values mission

    24 Oct 2014 | 10:18 am
    Sprouts Farmers Market's growth prospects may look appetizing to an investor while its Austin-based rival, Whole Foods, has lost some shine due to competitive pressures, but one analyst with the Motley Fool argues the Phoenix-based natural/organic grocer still falls way behind in business values and purpose. While Sprouts (Nasdaq:SFM) competes aggressively on price, Whole Foods (Nasdaq:WFM) is about more than the food it sells, writes Alyce Lomax of the Motley Fool. Whole Foods makes a point of…
 
  • add this feed to my.Alltop

    Baltimore Business News - Local Baltimore News | Baltimore Business Journal

  • Here's how much the new Sparrows Point owner paid for the site

    Kevin Litten
    24 Oct 2014 | 12:14 pm
    Redwood Capital Investments paid $110 million for the 3,100 acres of land at Sparrows Point, a sprawling piece of industrial real estate state and local officials have been touting as unlike any on the east coast. The Hanover-based company, which is owned by Allegis staffing company executive Jim Davis, was acquired using a newly formed company called Sparrows Point Terminal LLC. You can read my interview with that company's COO here. The price Redwood Capital paid works out to about $35,000 per…
  • Condé Nast Traveler lists Baltimore among 10 'most underrated cities'

    Joanna Sullivan
    24 Oct 2014 | 12:12 pm
    Baltimoreans tired of defending their city have a little more ammunition. Condé Nast Traveler named Baltimore No. 2 on its list of "10 Most Underrated American Cities." The list focuses on small and midsize cities that people often ignore in favor of ritzier locales like San Francisco, New York and Washington, D.C. The travel magazine has plenty of nice things to say about the city's architecture, food, beer and culture. "Culture vultures have their pick of parks, festivals, and museums, including…
  • Ed Hale's super-sized indoor soccer league is about to debut

    Sarah Meehan
    24 Oct 2014 | 11:58 am
    When the Baltimore Blast kicks off its season in two weeks, the team will be playing in a league more than three times the size of its former league. The stakes are higher for the team this year. The seven-team Major Indoor Soccer League, the Blast's previous league, and the Professional Arena Soccer League merged earlier this year to form the 23-team Major Arena Soccer League. Blast owner Edwin F. Hale Sr. is one of six owners of the newly formed league. The mega-league league gives indoor soccer…
  • Dutch Ruppersberger: The F-35 is important, but we also need to worry about cyber security (Video)

    Rick Seltzer
    24 Oct 2014 | 10:14 am
    U.S. Rep. C.A. Dutch Ruppersberger had some kind words for Lockheed Martin's oft-maligned F-35 Thursday — and some harsh ones for cyber security. Ruppersberger flew an F-35 flight simulator at Raloid Corp., a Reisterstown manufacturer that makes parts for the under-development Joint Strike Fighter. Lockheed rolled out the simulator as part of a visit designed to show workers the plane they're building parts for and to plug the F-35 program — a program that's been under scrutiny for cost overruns…
  • CAA is still seeking a title sponsor for its Baltimore basketball tournament

    Sarah Meehan
    24 Oct 2014 | 9:49 am
    As basketball season approaches, the Colonial Athletic Association is on the hunt for a title sponsor for its men's basketball championship in Baltimore. The CAA tournament will return to the newly named Royal Farms Arena March 6-9 for its second run in Baltimore. The league, which includes teams from 10 schools, signed a three-year deal to bring the championship to Baltimore through 2016 after 24 years in Richmond, Va. Robert Goodman, the CAA's senior associate commissioner, said the association…
  • add this feed to my.Alltop

    Birmingham Business News - Local Birmingham News | Birmingham Business Journal

  • Birmingham businesses’ asking price decrease in 3Q

    Antrenise Cole
    24 Oct 2014 | 1:02 pm
    The median asking price of Birmingham businesses slightly dipped in the third quarter from the previous year, according to BizBuySell.com. However, local small businesses experienced higher revenue and cash flow. The median asking price of businesses for sale in the Magic City was $299,000 in the quarter ended Sept. 30, compared to $300,000 a year ago. The Birmingham economic data is based on 65 Birmingham-area businesses listed at BizBuySell.com in the third quarter. The statistics are based on…
  • DDHealthcare Group to build $10 million facility in Albuquerque

    Bryan Davis
    24 Oct 2014 | 12:28 pm
    Naples, Fla.-based DeAngelis Diamond Healthcare Group's Birmingham office will build a new residential treatment center in Albuquerque, New Mexico. The $10.4 million construction job for Acadia Healthcare on the Desert Hills of New Mexico campus will be complete in April 2015, according to a release from DDHealthcare Group's Birmingham office. This will be phase one of a two-phase project. Phase one will bring the new 120-bed treatment center online, offering a modernized living and learning area…
  • Carr Riggs chairman on firm's growth plans, M&A strategy

    Antrenise Cole
    24 Oct 2014 | 12:23 pm
    Carr Riggs & Ingram LLC's aggressive growth strategy has resulted in its expansion in Birmingham. As we reported earlier this week, the Enterprise-based firm, which already had an office in the Magic City, has acquired Birmingham's Boohaker Schillaci and Co. The merger announcement follows seven others the firm has made since January of 2013. CRI Chairman and Managing Partner William H. "Bill" Carr recently spoke to the Birmingham Business Journal about the firm's strategic moves and how merger…
  • Chicago-based Coyote Logistics to occupy downtown Saks building

    Bryan Davis
    24 Oct 2014 | 12:21 pm
    Chicago-based Coyote Logistics has inked a lease to occupy the Saks building on First Ave. N. in downtown Birmingham. Currently located at Two Perimeter Park, Suite 305 West, the transportation and logistics service provider plans to move its 54 current employees to its new location at 1904 First Ave. N. by the end of January or first of February 2015. "We wanted to have a presence in the downtown area," Coyote manager of branch operations Eddie Claridy said in an email response this week. "When…
  • Alabama’s income gap hurting the state’s economy

    Antrenise Cole
    24 Oct 2014 | 11:44 am
    Alabama's growing income gap has produced an uneven playing field between the richest and everyone else and is hurting the state's economy, according to a new report. Arise Citizens' Policy Project recently released a report, The State of Working Alabama 2014, said the level of income inequality in Alabama has resulted in reduced consumer spending and made it tough for entrepreneurs to start and grow their businesses. The report noted - and as we previously reported- the wealthiest 1 percent of…
  • add this feed to my.Alltop

    Boston Business News - Local Boston News | Boston Business Journal

  • Report: Edwards Wildman to lose much of its IP practice in Boston

    Mary Moore
    24 Oct 2014 | 1:27 pm
    Edwards Wildman could be losing as many as 20 lawyers in its intellectual property practice in Boston as a result of a proposed merger with Locke Lord, according to a report by American Lawyer. The lawyers are moving to Mintz Levin Cohn Ferris Glovsky and Popeo, according to the trade publication. A local legal source interview by the BBJ said the move is more likely to affect 10 lawyers in Edwards Wildman's local IP practice. That would leave the firm with between 11 and 13 IP lawyers in Boston…
  • ​Pro-marijuana groups step up advocacy, awareness

    Jessica Bartlett
    24 Oct 2014 | 12:08 pm
    Mickey Martin opened the Northeastern Institute of Cannabis at the end of September, and already he has 50 people enrolled. The class, taught by the "Medical Marijuana 101" author himself, is intended to offer enrollees 50 hours of training through the 12-course program all about working in the marijuana industry, capped by a two-hour exam. Martin is one of the many looking to move the marijuana industry from the shadows into the light of legitimacy, yet it's an initiative running into problems. "I've…
  • Vantage finishes new headquarters for Halloran Consulting

    Eric Convey
    24 Oct 2014 | 11:44 am
    Vantage Builders says it has completed a new headquarters on Summer Street in Boston's Innovation District Halloran Consulting, a management-consulting company focused on the life sciences industry. The offices occupy 6,200 square feet on the top floor of the building owned by Bill and Gary Vanderweil. "We had outgrown our previous office in Waltham and moving to the Innovation District placed us much closer to our life sciences clients, many of whom are in either Boston or nearby Cambridge," Greg…
  • Buyer found for Beverly's historic Cabot Cinema

    Eric Convey
    24 Oct 2014 | 11:12 am
    The Cabot Cinema, a landmark in downtown Beverly for decades, has been sold. The historic building with an ornate vaudevillian theater inside fetched $1.2 million, according to documents filed at the South Essex Registry of Deeds. The buyer was a newly created company called Cabot Street Theatre LLC. The Salem News, which first reported the transaction, said one of the buyers is Henry Bertolon but that Bertolon declined to provide details when asked at the site. Incorporating documents for the…
  • Health Policy Commission doles out $60M in funding to community hospitals

    Jessica Bartlett
    24 Oct 2014 | 10:53 am
    The Health Policy Commission has given 28 community hospitals $60 million in the most recent round of state funding. Developed through the state's health care cost containment law in 2012, this year the program is slated to help enhance access to behavioral health services and ready hospitals to participate in accountable care rather than fee for service. More broadly, hospitals eligible under the Community Hospital Acceleration, Rehabilitation and Transformation (CHART) Investment Program receive…
 
  • add this feed to my.Alltop

    Buffalo Business News - Local Buffalo News | Business First of Buffalo

  • First Niagara CEO addresses $800M write-down

    Allissa Kline
    24 Oct 2014 | 11:50 am
    When First Niagara Financial Group Inc. dove into acquisition mode a few years ago, it made certain assumptions about the future of the macro-economy that haven't come true. Those assumptions were "too optimistic" given the persistent low interest rate market and other macroeconomic conditions, according to company president and CEO Gary Crosby, who on Friday explained why the parent company of First Niagara Bank N.A. recorded a third-quarter $800 million impairment charge that resulted in a net…
  • With eye toward future, Chautauqua County buys ConAgra site

    David Bertola
    24 Oct 2014 | 11:33 am
    The Chautauqua County Industrial Development Agency received approval Wednesday on $2 million in bonds to purchase the ConAgra building in Dunkirk. ConAgra is the largest private-label packaged food business in the nation, and one of the largest employers in Chautauqua County. On March 19, however, ConAgra informed 425 employees that it would be closing its Dunkirk and Fredonia Carriage House Co. plants in phases. Both plants are set to close by February 2015. After the announcement Chautauqua…
  • What We Earn #24: Here's how the salaries of WNY's nurse practitioners stack up with 20 other metros

    G. Scott Thomas
    24 Oct 2014 | 9:30 am
    Business First is focusing on paychecks this month, comparing pay levels in the Buffalo area and 20 comparable markets for a different occupation each day. Today's report is about the average annual pay for nurse practitioners. Click on the View Photos button above for a slideshow that ranks the pay levels for nurse practitioners in all 21 metropolitan areas. We've collected salary figures for the two-county Buffalo metro, as well as 20 other markets of similar size. All of these areas have populations…
  • Red Cross names new local director; begins layoffs

    Tracey Drury
    24 Oct 2014 | 9:16 am
    As it continues a reorganization locally and across the country, the American Red Cross has named Chuck Marra as executive director for the Western New York Chapter. The announcement, issued Friday, follows the exit of Nancy Blaschak, who announced her retirement earlier this month after 35 years with the agency. She had served as regional CEO for a 17-county territory covering Western New York and the Finger Lakes. Those territories will now be managed by Rosie Taravella, regional CEO of the Central…
  • City of Buffalo In-Rem foreclosure auction set for Oct. 27-29

    Michael Petro
    24 Oct 2014 | 8:41 am
    It's been called the last chance to save a house or building and revive a neighborhood, as well as an opportunity to find an affordable fixer-upper to live in or to sell. The annual City of Buffalo In-Rem foreclosure auction will be held Oct. 27-29 at the Buffalo Convention Center. Delinquent homes in foreclosure due to failure to pay taxes, water bills, sewer rents and other user fees will be sold as-is at the public auction to the highest bidders. As of Oct. 20, there were 3,717 houses listed.…
  • add this feed to my.Alltop

    Charlotte Business News - Local Charlotte News | Charlotte Business Journal

  • Legion Brewing signs lease in Plaza-Midwood, plans to open next year

    Will Boye
    24 Oct 2014 | 12:47 pm
    A new brewery has signed a lease for a 10,000-square-foot building in Plaza Midwood where it plans to open next year. Legion Brewing has leased the Brodt Music Co. building at 1906 Commonwealth Avenue, between Pecan Avenue and The Plaza, says Phil Buchy, who heads the planned brewery. Legion will remodel the building to allow for onsite brewing and a taproom. It also plans to build a patio between the sidewalk and the front of the building, according to real estate records. Buchy, who has been…
  • Regional carriers shuffling facilities, jobs at CLT

    Jen Wilson
    24 Oct 2014 | 12:01 pm
    As American Airlines Group Inc. (NASDAQ:AAL) continues to realign its post-merger operations, some changes are coming to the regional carriers that serve Charlotte Douglas International Airport. A Worker Adjustment and Retraining Notification, or WARN notice, filed with the N.C. Department of Commerce indicates more than 600 workers will be affected by a permanent closure of Mesa Airlines' facility at CLT. But a spokesman for that company says not much will actually change at the local airport. That's…
  • Dominion Power won’t lower eastern N.C. rates after winning tax ruling

    John Downey
    24 Oct 2014 | 11:42 am
    While several major utilities have lowered rates to account for an N.C. corporate income tax cut, Dominion North Carolina Power will continue to collect slightly higher charges for income taxes it no longer pays. Under an order issued by the N.C. Utilities Commission on Oct. 9, the commission cannot require a utility to reduce its rates for the cut in taxes until the commission reviews the utility's costs in a general rate-setting case. The commission had in May ordered state utilities to adjust…
  • Grubb Properties discussing renovations at 330 S. Tryon in effort to keep Charlotte Chamber

    Will Boye
    24 Oct 2014 | 11:27 am
    In an effort to retain the Charlotte Chamber as a tenant, Grubb Properties is talking with the organization about making some renovations at the 330 South Tryon building. The proposed renovations at the uptown office building would include the installation of a new 14-foot curtain wall, or outer skin, at the street level of the building, as well as an expanded exterior patio with flamed granite pavers and a glass guardrail system, according to real estate records. Grubb Properties purchased the…
  • Red Clay Ciderworks finalizes plans for South End, seeks to raise $25K

    Jennifer Thomas
    24 Oct 2014 | 11:18 am
    Red Clay Ciderworks got its start in Jay and Deanna Bradish's garage. Now, after 20 years of home-brewing cider for family and friends, the couple is on target to open Charlotte's first cidery early next year. "It just kept growing," Deanna says. "We thought, 'Let's try to make a go of it commercially.' " The couple has spent the past three years fine-tuning a business plan, raising financing and seeking a perfect location for the cidery. They signed a lease for a 10,000-square-foot facility at…
  • add this feed to my.Alltop

    Cincinnati Business News - Local Cincinnati News | Business Courier of Cincinnati

  • Trial postponed for Greenpeace protesters who targeted P&G

    Barrett J. Brunsman
    24 Oct 2014 | 1:13 pm
    The trial of Greenpeace activists who face charges of burglary and vandalism related to a protest at the Cincinnati headquarters of Procter & Gamble Co. has been delayed until next year. Eight of the nine activists were expected to stand trial Oct. 27 in Hamilton County Common Pleas Court, but the start of the jury trial has been rescheduled for Jan. 20. One of the activists, Tyler Wilkerson, 27, died Oct. 6 of an undisclosed cause. An Oct. 16 filing asked that the charges be dropped against Wilkerson,…
  • ​EXCLUSIVE: Urban Sites considers development near streetcar line

    Chris Wetterich
    24 Oct 2014 | 12:44 pm
    Urban Sites, a developer that has put in more than 400 apartments in Over-the-Rhine, is considering turning a large vacant building across from the Samuel Adams brewery on Central Parkway into apartments or commercial space. In September, the Cincinnati City Council approved a preferred developer agreement with Urban Sites to develop the vacant, city-owned property at 1632 Central Parkway. The building used to house the Cincinnati Business Incubator. Historically, the structure, which Urban Sites…
  • Ebay to hire 2,000 locally for the holidays

    Andy Brownfield
    24 Oct 2014 | 11:58 am
    Ecommerce giant Ebay is looking to hire more than 2,000 locally at its new Walton, Ky. fulfillment center, which is hosting a ribbon cutting on Oct. 28. Ebay Enterprise – the commerce technologies, warehouse and store-based fulfillment arm of Ebay – is hosting a job fair to fill the 2,000 seasonal positions at its new 630,000-square-foot fulfillment facility after the Oct. 28 ribbon cutting. The center will create 300 full-time jobs. The company is looking to hire pickers, packers, shippers,…
  • ​Here's how many people would favor a sales tax increase for better bus service

    Chris Wetterich
    24 Oct 2014 | 11:55 am
    A slight plurality of Hamilton County residents favors a 10-year, 0.25 percentage point sales tax increase in order to improve Metro's bus service, according to poll results released Friday by the agency. The percentage rose from 48 percent in favor to 56 percent in favor once the pollster described how Metro plans to improve its bus service using revenue from the tax increase. The results indicate that people in Hamilton County are persuadable on taxing themselves for a bus service expansion –…
  • P&G distribution center ready to hire hundreds

    Barrett J. Brunsman
    24 Oct 2014 | 11:50 am
    The first job interviews to fill hundreds of positions at Procter & Gamble's new distribution center near Dayton will be held Oct. 27, but many more hiring opportunities will be scheduled before it opens in the next few months. Several hundred people have signed up to apply Monday for about 80 jobs with subcontractor Exel Inc., including clerical, administrative, so-called picker packers and fork-lift operators, said Mark Anderson, spokesman for the Workforce Development agency of Montgomery County. "Monday…
 
  • add this feed to my.Alltop

    Columbus Business News - Local Columbus News | Business First of Columbus

  • Spotlight: Joshua Dandurand, Vorisek Financial Corp.

    Laura Newpoff
    24 Oct 2014 | 12:05 pm
    Joshua Dandurand, Financial adviser and director of business development, Vorisek Financial Corp. Age: 31 Vitals: Joined Vorisek in May after spending eight years as major account sales manager with a Fortune 500 company. Graduated from Otterbein University with a Bachelor of Arts degree in psychology. Why this business: When I chose to study psychology in college I intended to spend my career counseling people in some capacity. However, I was recruited to work in sales and I spent the early years…
  • Biz1st anniversary issue: 30 years of Columbus business history, plus a look ahead

    Carrie Ghose
    24 Oct 2014 | 11:50 am
    CompuServe Corp. was the first to envision reading a newspaper online – and here you are. Columbus Business First celebrated its 30th anniversary this year, having evolved from a weekly newspaper to a daily digital news service with a deeper read in a print edition. The stories from our Sept. 19 anniversary edition are now free to read – a fun and compact tour through 30 years of Central Ohio history as well as a look ahead to 2044, when " companies today that we haven't heard of will be very…
  • Mikey’s Late Night Slice teaming with Katalina’s at its Oddfellows Liquor Bar

    Dan Eaton
    24 Oct 2014 | 11:25 am
    Now here's a twist: Mikey's Late Night Slice – the pizza slingers known for running the kitchens for other bars – turned the kitchen of its own bar over to Katalina's. That crew, led by namesake Mikey Sorboro, opened Oddfellows Liquor Bar at 1038 N. High St. this summer (see the attached slideshow). The original Mikey's Late Night Slice still operates in the shack next to Oddfellows, but the bar's kitchen is now in the hands of Victorian Village cafe Katalina's and owner Kathleen Day. "We initially…
  • Music-focused Walrus bar coming to East Main

    Dan Eaton
    24 Oct 2014 | 10:52 am
    The Walrus aims to offer bar-goers a little bit of everything, but its main goal is to bring a little music to downtown. It's a new venture from Brad Hobbs and the Tavern Group, owners of Olde Towne East ventures the Tavern restaurant and Corner Stone Craft Beer & Wine store, expected to open in the next few months at 143 E. Main St. "It's going to be an all-encompassing bar with a similar vibe to the Tavern," Hobbs told me. "You can come here to play pool, watch the game or listen to some good…
  • Exacter planning 13 new jobs from Third Frontier grant

    Carrie Ghose
    24 Oct 2014 | 10:45 am
    A Columbus company seeking to help utilities prevent blackouts by targeting preventative maintenance is planning to roll out a new product customers have asked for under its share of an Ohio Third Frontier grant to the University of Akron. Exacter Inc. has grown revenue by more than one-third over last year as it adds utility clients across the country and overseas for a system that remotely detects fluctuations in radiofrequency that indicates troubles with insulators and transformers along power…
  • add this feed to my.Alltop

    Dallas Business News - Local Dallas News | Dallas Business Journal

  • Southwest Airlines rolling out four weddings and a lot of dance moves in new TV campaign

    Lewis Lazare
    24 Oct 2014 | 1:33 pm
    Did you ever think Southwest Airlines (NYSE: LUV) would totally abandon its wildly unconventional way of doing advertising? Of course not. For four decades Dallas-based Southwest was synonymous with outlandish TV spots. The airline only got a little more buttoned down, so to speak, when 18 months or so ago it turned to TBWA/Chiat/Day in Los Angeles to do a brand campaign intended to suggest Southwest had grown up after more than 40 years in the skies. But not so fast. Grown up it may be, but…
  • MediGain lands $38M from Prudential for acquisitions, growth

    Bill Hethcock
    24 Oct 2014 | 1:24 pm
    Plano-based MediGain has obtained $38 million in funding from Prudential Capital Group to continue the nationwide expansion of its revenue cycle management, medical billing and reimbursement services. MediGain plans to continue its organic growth and complete two acquisitions in the months ahead, Greg Hackney, MediGain president and CEO, told the Dallas Business Journal in an interview. He declined to reveal what companies MediGain will acquire, but did say the acquisitions "will open up MediGain's…
  • Exclusive: Turkish developer to buy land near Dallas City Hall for $1.2B multitower project

    Candace Carlisle
    24 Oct 2014 | 12:53 pm
    Roughly five acres of land behind Dallas City Hall is under contract by Turkish developer Mike Sarimsakci, who has started designing plans to build a $1.2 billion ground-up development to put four mixed-use towers in downtown Dallas. The four towers include two 80-story towers and two 60-story towers originally conceived by Sarimsakci for the proposed redevelopment of Pacific Plaza Park(except he'd like to double the project). If the deal goes through, the project would be developed at 1701 Cadiz…
  • 5 questions about DFW startup community with U.S. innovation, entrepreneur expert

    Danielle Abril
    24 Oct 2014 | 12:19 pm
    The Addison TreeHouse welcomed Julie Lenzer Kirk, Office of Innovation an Entrepreneurship director at the U.S. Department of Commerce, who took some time to discuss the state of the Dallas-Fort Worth startup community before the incubator's grand opening celebration. The TreeHouse is the product of a collaboration between the Dallas Entrepreneur Center and the Addison Economic Development Department. Kirk was appointed to her position in Washington, D.C., in May and is charged with overseeing…
  • Elon Musk on why it's important to build a city on Mars, extend life beyond Earth

    Sara Castellanos
    24 Oct 2014 | 11:37 am
    As CEO of California-based SpaceX, Elon Musk aims to build a self-sustaining city on Mars. Think of it as wanting to have a "back-up file" to Planet Earth, where humans can ensure that their species will survive and thrive for a long time, Musk said at MIT's Centennial Symposium today. "A multi-planet version of humanity's future is going to last a lot longer ... than if we were a single-planet species," he said at the event. His critics have asked why he'd focus technological efforts on building…
  • add this feed to my.Alltop

    Dayton Business News - Local Dayton News | Dayton Business Journal

  • Standard Register continues to sell its turnaround

    Joe Cogliano
    24 Oct 2014 | 1:02 pm
    The reinvention of Standard Register is taking longer than expected, but it's coming. At least that's the message I took away from a conference call by company President and CEO Joe Morgan Jr. on Friday following the Dayton-based company's earnings release. Standard Register posted a $5.6 million loss in its third quarter, but that's a big improvement from the $23.2 million loss it took in the same period last year. It also reported more than $219 million in revenue for the quarter, a 10 percent…
  • Fourth round set for Dayton Brand Madness (Updated bracket)

    Don Baker
    24 Oct 2014 | 11:21 am
    The fourth round of the Dayton Brand Madness 2014 competition is all set and will kick off on Monday with two of the four match-ups in the quarterfinals. The third round closed out Thursday with nearly 8,500 total votes across the eight matches that saw some big names go down and some surprising upsets. Several of the contests had multiple lead changes, as the third round included some of the closest races yet. Kicking off the fourth round on Monday will be Esther Price and Wright State University…
  • This week in print: Enthusiasts search for new ‘Silicon Valley’ of drones

    Tristan Navera
    24 Oct 2014 | 10:36 am
    Brandon Youngblood got an introduction to drones in the military. Now he's hoping that experience will bring prosperity to Dayton. "We're not even scratching the surface of what we can do with these things," Youngblood said as he talked about his experiences on the military side, as a sensor operator for the MQ-1 Predator. Now he's with 3D Aerial Solutions LLC, founded in Dayton, which has taken to provide data processing and flight services for unmanned systems in the area. With so many uses for…
  • Downtown Dayton turns a corner

    Olivia Barrow
    24 Oct 2014 | 9:58 am
    Dayton has had a lot of huge wins in job creation and development in the region in 2014. But to see the smiles on the faces of some of the top regional leaders at Proto Build Bar at 534 E. First St. last night, you'd have thought Boeing had just announced it's moving its headquarters to downtown Dayton. Instead, they were celebrating what they fully believe — and I agree — are two events that mark a turning point for Dayton: the opening of the world's first Build Bar, and the purchase of the…
  • Firestopping business grows with women-owned accreditation

    Olivia Barrow
    24 Oct 2014 | 9:18 am
    A firestopping contracting company in Fairborn is poised for growth after attaining a minority business certification as a women-owned business. Dalton Protection Inc., led by President Amanda Minton, has doubled its employee count since the beginning of the year as interest in hiring firestopping specialists has grown, especially in the health care industry. The company currently has nine employees working out of its 1,800-square-foot facility at 706 W. Xenia Drive in Fairborn. Dalton Protection…
 
  • add this feed to my.Alltop

    Denver Business News - Local Denver News | Denver Business Journal

  • Pay-by-the-mile driving? Idea resurfaces in Colorado election campaigns

    Ed Sealover
    24 Oct 2014 | 1:53 pm
    Long a buzzword among policy wonks and transportation planners, the idea of creating a vehicle-miles-traveled fee to supplement or replace the gasoline tax has surfaced again in both federal and statewide political races in Colorado. The VMT fee would measure the distance traveled by a car or truck and charge the vehicle owner accordingly in order to raise money for road repairs and highway-building. It's an idea that cuts across party lines. Democrats and Republicans who back it say that it could…
  • Daniels Fund's Ethics Summit addresses how Colorado business tackles social media

    Caitlin Hendee
    24 Oct 2014 | 1:33 pm
    With everything out there on social media, is it OK to comb through a potential job candidate's accounts during the hiring process? Not if you want to respect them ... and make sure all your legal bases are covered, said Mike Severns, president and CEO of Mountain States Employers Council Inc. at an ethics forum Friday. Severns adds that more and more companies are looking to third-party firms to check out social media accounts of candidates. "The best practice is to have someone else use the…
  • Luxury brownstones planned in Denver's Five Points

    Molly Armbrister
    24 Oct 2014 | 1:00 pm
    Add one more project to the flurry of activity in Five Points. Clear Creek Homes, along with Palisade Partners and Civil Technology Inc., will build 26 luxury brownstones at 2400 Washington St. in Denver's Five Points neighborhood. The homes will each be three stories tall and will range in price from the high $300,000s to the high $400,000s. The development will be dubbed the Brownstones at King Stroud Court, according to Clear Creek Homes, a Denver-based home builder. Palisade Partners is a…
  • 6 ideas for increasing your philanthropy

    David Miller
    24 Oct 2014 | 12:23 pm
    Measured in money, Americans today are by far the most generous people in the history of the world. We voluntarily give away an extraordinary amount — more than $300 billion per year. No other country or civilization has come close to that. The number of nonprofit organizations in the U.S. exceeds 1.5 million. Yet, despite our generosity, we have huge unmet needs in our communities, our nation, and our world. Even here in the wealthiest nation on earth, people suffer from hunger, homelessness…
  • Colorado families can make the best home in these 10 communities (Slideshow)

    Caitlin Hendee
    24 Oct 2014 | 11:18 am
    Attracting new businesses and well-educated residents is something Denver officials say is a top priority for the city, but it's important for surrounding suburbs, too. That's because it fuels growth, K-12 education and home affordability, which NerdWallet said are key factors it used to rank Colorado communities that are best for young families in a recent study. > Click the image above to view a slideshow of the 10 best communities for young Colorado families, including blurbs from NerdWallet…
  • add this feed to my.Alltop

    Greensboro Business News - Local Greensboro News | The Business Journal of the Greater Triad Area

  • What’s at stake in the Triad as FTC eyes Dollar Tree and Dollar General bids for Family Dollar?

    Catherine Carlock
    24 Oct 2014 | 1:20 pm
    There is much at stake in the Triad in either the merger of Matthews-based Family Dollar Stores Inc. with Dollar Tree Inc., or a successful hostile takeover from Dollar General Corp. Both bids are making their way through the Federal Trade Commission, and in either case, there's likely to be some overlap. Together, these three discount retailers have a combined 189 stores in the 12-county region, with stores often in the same community or ZIP code. To get a sense of where the stores are clustered,…
  • Who earns how much in Guilford County government? A look at salaries

    Lloyd Whittington
    24 Oct 2014 | 1:11 pm
    As a follow-up to my earlier election-season blog examining government salaries in Forsyth County, we take a look now at salaries paid to full-time employees in Guilford County. The slideshow above counts down the 20 highest-paid in reverse order, but we also share below information about 2,205 full-time Guilford County government employees. The table includes name, annualized salary, position and department. The default setting is ordered from highest salary to least, but you can re-sort by clicking…
  • Heart of N.C. MegaPark wins international award

    Catherine Carlock
    24 Oct 2014 | 12:05 pm
    The Montgomery County Economic Development Corp. and Moore County Partners in Progress have received a silver excellence in economic development award from the International Economic Development Council for the Heart of N.C. MegaPark. The 3,000-acre megapark is a joint project of the two economic development organizations. The park, which is fully optioned, spans the border of both Montgomery and Moore counties between the interchanges of Interstate 73/74 near Biscoe. A 117-acre tract fronting…
  • Ashley Furniture now has 657 jobs at Davie County facility

    Katie Arcieri
    24 Oct 2014 | 12:03 pm
    Ashley Furniture Industries Inc. now has 657 new jobs at its recently unveiled 2.8 million-square-foot manufacturing and distribution center in Davie County, with plans to have 800 by the end of the year. The Arcadia, Wis.-based company recently celebrated the grand opening of the manufacturing and distribution center in Advance. Gov. Pat McCrory, Sen. Richard Burr and Congresswoman Virginia Foxx were among the government officials and business representatives who attended the Oct. 17 event. The…
  • NASCAR’s Kevin Harvick sells Oak Ridge land for $3.2M

    Catherine Carlock
    24 Oct 2014 | 11:58 am
    NASCAR driver Kevin Harvick and his wife, Women In Business winner DeLana Harvick, have sold 110.5 acres adjacent to their Oak Ridge estate for $3.2 million. The Harvicks' 12,000-square-foot mansion at 8419 Haw River Road is listed with Tyler Redhead & McAlister Real Estate for $3.5 million. The effusive listing describes the estate as "extraordinary" with "architectural details beyond description." Features of the opulent estate include "soaring ceilings on all levels," "European-inspired balconies"…
  • add this feed to my.Alltop

    Honolulu Business News - Local Honolulu News | Pacific Business News of Honolulu

  • Bank of Hawaii receives community commitment award from American Bankers Association

    Jason Ubay
    24 Oct 2014 | 2:40 pm
    The American Bankers Association has given Bank of Hawaii the 2014 ABA Community Commitment Award in the community and economic development category. According to the ABA, its selection committed picked six banks from more than 170 entries based on the creativity of programs that embody corporate social responsibility ideals and demonstrate measurable success. Bank of Hawaii has been involved with EPIC Ohanas Hawaii Youth Opportunities Initiative since 2010. The program helps youth leaving foster…
  • Honolulu rail agency OKs $14M in change order costs

    24 Oct 2014 | 9:19 am
    The Honolulu Authority for Rapid Transportation has approved another $14 million in change orders, and officials with Honolulu's rail transit project acknowledged that some of the contracts went out to bid earlier than they should have. Hawaii News Now reports HART CEO and Executive Director Dan Grabauskas said Thursday that some designs were based on assumptions provided by the city's contractors back in 2009. Meanwhile, a draft of the agency's annual report said the project was on budget despite…
  • Big Island room rates soar 24%, Hawaii hotel occupancy rate reaches 79%

    Jason Ubay
    24 Oct 2014 | 6:00 am
    Led by a 23.6 percent rise in room rates on the Big Island, the statewide average room rate at Hawaii hotels last week rose 8.6 percent to $232.58 compared to the same week a year before, according to the latest Hawaii Hotel Industry Snapshot from Hospitality Advisors LLC and STR Inc. The average hotel occupancy rate reached 79.1 percent during the week of Oct. 12-18, a 2.9 percentage-point increase. Maui had the highest average daily room rate at $259.74, a 4.8 percent jump from the year before;…
  • Honolulu rail construction to close stretch of highway for three months

    Bill Cresenzo
    24 Oct 2014 | 5:00 am
    The drive from West Oahu to downtown will take a little longer for commuters during the next three months as the Honolulu Authority for Rapid Transportation closes a stretch of Farrington Highway in Ewa because of rail construction. The closure of the highway between Kualakai Parkway, also known as North-South Road, and Old Fort Weaver Road will begin Nov. 1 and last through Jan. 31 so workers can relocate utility lines and perform shaft and column work along the two-lane stretch for the $5.16 billion…
  • First Hawaiian Bank reports Q3 profit of $55.8M, reaches record levels in loans, deposits and assets

    Jason Ubay
    24 Oct 2014 | 4:30 am
    First Hawaiian Bank reported net income of $55.8 million in the third quarter of 2014, a 9.6 percent rise from the same quarter in 2013. Net income for the nine months ending Sept. 30, was $164.9 million, a 6.1 percent climb from the same time period a year ago. In the third quarter, the bank reached milestones in total assets, total loans and leases and total deposits. For the first nine months of the year, First Hawaiian Bank reported total assets of $18.1 billion, an 8.2 percent increase from…
 
  • add this feed to my.Alltop

    Houston Business News - Local Houston News | Houston Business Journal

  • Houston companies hiring more in-house lawyers to save money

    Suzanne Edwards
    24 Oct 2014 | 1:18 pm
    Houston has drawn the interest and business of many top American law firms that want to capitalize on the high volume of energy transactions and litigation. But with those big-time national firms comes big-time national price tags. As a result, some Houston companies are reconsidering outsourcing their legal needs in favor of keeping in-house lawyers, said Alysa Schildcrout, managing principal at Houston-based Amicus Search Group, an executive search firm with an emphasis on legal services. Companies…
  • Update: League City clinic reopens, patient does not have Ebola

    Olivia Pulsinelli
    24 Oct 2014 | 12:53 pm
    Update: UTMB at Galveston said Oct. 24 that the patient does not have Ebola, and the League City clinic reopened around 3 p.m., according to reports. An emergency clinic in League City reportedly closed on Oct. 24 in response to a patient with symptoms that could be consistent with Ebola, though the patient was considered very low risk for having the virus, according to reports. Although the patient recently traveled from Africa, the Centers for Disease Control and Prevention said it believes…
  • Newly launched London energy company to open Houston office

    Jordan Blum
    24 Oct 2014 | 12:26 pm
    International energy consulting company Xodus Group launched a new London-based subsea engineering company that will soon establish its North American headquarters in Houston. Xodus Subsea is currently working with CresaPartners LLC to find about 20,000 square feet of office space in the Energy Corridor within the next few months to serve as the North American headquarters for the new company, said Matt Kirk, Xodus Subsea's managing director. "There's significant operations to be built up in Houston,"…
  • Meet the 40 Under 40 who wants to inspire the next generation of real estate developers

    Lisa Holmes
    24 Oct 2014 | 12:16 pm
    To say Brandon Houston is passionate about real estate would be an understatement. Houston, who was chosen as a 2014 Houston Business Journal 40 Under 40, is the senior vice president of Trammell Crow Co. He is no stranger to jumping into major, complicated projects. When he joined Trammell Crow in 2012, he was asked to step into a complicated transaction and negotiate an expansion lease for a $130 million office development. Houston spoke with HBJ in August about the ways local developers are…
  • Dozens of Houston-area businesses make 2014 Aggie 100

    Olivia Pulsinelli
    24 Oct 2014 | 11:59 am
    More than a third of the companies on the 2014 Aggie 100 list are based in the Houston area. Through the awards, Texas A&M University's Center for New Ventures and Entrepreneurship in the Mays Business School recognizes the 100 fastest-growing Aggie-owned or -managed businesses in the world. The companies are ranked by compound annual revenue growth from 2011 to 2013. To qualify, companies must be at least five years old, have revenue of $250,000 or more for 2011 and have operations consistent…
  • add this feed to my.Alltop

    Jacksonville Business News - Local Jacksonville News | Jacksonville Business Journal

  • Two of innovation's heavy-hitters will speak tonight at Alpha Lab's 'Let's Get Digital Series'

    Colleen Michele Jones
    24 Oct 2014 | 12:03 pm
    IDEO is one of the biggest innovation and design firms to come out of Palo Alto. Tonight, two superstars from the company's design team will speak at the Marble Bank Building in Jacksonville from 7 to 10 p.m. as part of Alpha Lab: Let's Get Digital. The two-day event sponsored by Ignite and AIGA Jacksonville is meant to help local entrepreneurs, designers, coders and other creative types learn more about the world of app-making. Saturday is a hackathon that will break out into groups that will workshop…
  • Uptown Market adding full service bar, changing name

    Andrew Thurlow
    24 Oct 2014 | 11:59 am
    Uptown Market has plans to open a full service bar in the next six weeks, Craig Audibert, the store's general manager, said Friday. The store, located at 1303 N Main St., will be the only restaurant off Main Street in Springfield that offers a full service bar, as well as one of the first in Springfield that offers beer, wine and liquor, Audibert said. Although the business has not yet obtained a liquor license, Audibert said the restaurant seats well over 150 people -- the minimum to obtain a…
  • First look behind the scenes at the NAS Jacksonville Air Show

    Jensen Werley
    24 Oct 2014 | 11:18 am
    First look behind the scenes at the NAS Jacksonville Air Show
  • Remington at Ponte Vedra Beach sold for $35 million

    Andrew Thurlow
    24 Oct 2014 | 9:06 am
    The Remington at Ponte Vedra Beach sold today for $35.35 million in one of the largest apartment deals to trade in Ponte Vedra Beach in years. Cocke Finkelstein Inc. (CFI), an Atlanta-based real estate and investment management firm, purchased the property at 611 Ponte Vedra Lakes Blvd. The apartment was built in 1985 and holds 336 units, which equates to $105,208 per unit. CBRE Senior Vice Presidents Brian Moulder and Dhaval Patel represented seller AIMCO in the transaction. The new owners plan…
  • Memorial Hospital to open inpatient mental health unit for seniors

    Colleen Michele Jones
    24 Oct 2014 | 9:05 am
    Memorial Hospital is constructing an inpatient geriatric behavioral health unit that will be open by the end of the year. The unit is an expansion of the facility's behavioral health services department and will be staffed by physicians specially trained in geriatric medicine to treat older patients for a variety of mental health issues, such as mood disorders, anxiety, grief and addiction. "As our population ages, the need for geriatric behavioral health services is growing," Dr. Anika Forbes,…
  • add this feed to my.Alltop

    Kansas City Business News - Local Kansas City News | Kansas City Business Journal

  • Behind Phil Kirk's behind-the-scenes efforts was a heart of gold

    Rob Roberts
    24 Oct 2014 | 1:06 pm
    After learning of Phil Kirk's death on Thursday, I reflected on meeting him for the first time. It was the spring of 2010, and as I pulled up to his home, in a posh Kirkwood condominium tower near the Country Club Plaza, I felt a bit intimidated. After all, I was just a lowly commercial real estate reporter who had taken over after my successor on that beat, the legendary Jim Davis, had died two years earlier. I had been assigned to interview Phil Kirk, another Kansas City commercial real estate…
  • Boehringer, Blue Valley CAPS prep future animal health workers

    Brianne Pfannenstiel
    24 Oct 2014 | 12:59 pm
    Kevin Christiansen knew he had the Blue Valley School District students' attention when he showed up to class with a 5-gallon bucket of animal hearts. "They just dove right in," he said. "There's no fear with these students." Christiansen, a senior scientist with Boehringer Ingelheim Vetmedica Inc. in Saint Joseph, had been invited by a friend in the school district to speak with her students about career opportunities in veterinary medicine. He presented to students in the district's Center for…
  • Screenland, other businesses prepare to lift curtain in Crossroads site

    Austin Alonzo
    24 Oct 2014 | 12:49 pm
    Screenland Crossroads Theatre will debut its new downtown location, which will be joined by a number of small businesses, in November. Screenland owner Butch Rigby said the new theater will open in a newly renovated 23,000-square-foot building at 1701 McGee St. in the Crossroads Arts District on Nov. 14. The theater chain's last downtown location, at 1656 Washington St., closed in 2013. The 1701 McGee structure originally was built as an auto dealership and was used as a circulation building for…
  • Menorah Medical CEO announces retirement

    Brianne Pfannenstiel
    24 Oct 2014 | 12:48 pm
    Steven Wilkinson, president and CEO of Menorah Medical Center, announced his retirement Friday. Wilkinson has held the position for 17 years and said his time at Menorah was the "absolute highlight" of his career. NEWSMAKER: Accidental career in health care leads Wilkinson to Menorah "Steve Wilkinson's name is synonymous with quality health care in Kansas City," HCA Midwest Health President Mel Lagarde said in a statement. "I know the important decision Steve made was a difficult one — after…
  • Area businesses show off Royals pride (Part 3)

    Leslie Collins
    24 Oct 2014 | 12:40 pm
    And the Royals fever continues. Area businesses didn't disappoint when we asked them to submit photos of their Kansas City Royals pride. For round three, we saw everything from Royals banners to a company website going royal blue to employees showing off their "Dyson Dance" moves. We'd like to give a big thanks to all of the companies who participated. Here's gallery No. 3. Enjoy.
 
  • add this feed to my.Alltop

    Los Angeles Business News - Local Los Angeles News | Los Angeles Business from bizjournals

  • Savvy holiday travelers know how to avoid flight delays at L.A.-area airports, and now you will too

    Scott Bridges
    24 Oct 2014 | 1:39 pm
    What's the best airport in the Los Angeles metropolitan area for you to fly in and out of this holiday season if you're concerned about delays or cancellations? A new study by Nerdwallet has ranked airports locally and nationally in terms of their reliability. While you might get delayed in traffic getting to an airport, you'll be relieved with the knowledge that as a city, L.A. ranks a respectable ninth in delays and cancellations. The study took into account delays or cancellations caused by…
  • Bar Bouchon is the go-to spot

    Scott Bridges
    24 Oct 2014 | 1:34 pm
    If a list were to be compiled of the best meet-for-a-drink spots, at or near the top of the list would be Bar Bouchon. And I'm talking about a go-to joint, not a wait-for-payday one. The Bouchon brand is as solid as they come and Beverly Hills' Golden Triangle is the epicenter of Southern California fine dining. And while it is certainly possible to whittle down one's bank account wining and dining here, it is not necessary, as the Thomas Keller establishment offers daily deals and Happy Hour specials. Why…
  • Box-office preview: ‘Ouija’ to scare off ‘John Wick’

    Annlee Ellingson
    24 Oct 2014 | 12:47 pm
    With Halloween right around the corner, moviegoers are primed to play "Ouija." Universal's horror flick based on the Hasbro game is tracking in the $20 million range while Keanu Reeves' return to action in "John Wick" should make about half that behind "Fury" and "Gone Girl." Haunting 2,858 movie houses, per Box Office Mojo data, "Ouija" centers on a group of friends who use the titular "spirit board" to try to communicate with a dead friend. Produced by Michael Bay's Platinum Dunes and Jason Blum's…
  • AMC Networks takes control of BBC America with $200 million investment

    Annlee Ellingson
    24 Oct 2014 | 11:39 am
    Don Draper, meet Doctor Who. AMC Networks and BBC America, the networks behind some of TV's most critically acclaimed dramas and geekdom's biggest hit shows, are going into business together. AMC has invested $200 million to acquire a 49.9 equity stake in BBC America. Under the deal, AMC will take operational control over BBC America, including affiliate and advertising sales. The pact enhances AMC Networks' attractiveness to advertisers, adding BBC America to its portfolio alongside AMC, IFC,…
  • More women in gaming — 'gender aside, it makes a lot of business sense'

    Annlee Ellingson
    23 Oct 2014 | 4:41 pm
    Over the past couple of months, as Gamergate has raged in message boards, Twitter, and industry and mainstream media, the controversy has shed bright, harsh light on sexism and misogyny in gaming and the tech sector as a whole. It's been a difficult, painful discussion that has only just started but not a new issue in a business most closely associated with young, male consumers. From its founding in early 2010, SGN has taken a different approach, developing casual cross-platform games that tend…
  • add this feed to my.Alltop

    Louisville Business News - Local Louisville News | Business First of Louisville

  • Say what? Riverfront condo model open — for tower not yet built

    Braden Lammers
    24 Oct 2014 | 2:33 pm
    Poe Companies LLC has come up with a clever way to draw interest in its riverfront condominium tower that is not expected to be under construction until early next year. At the company's office on River Road, Poe Companies officials have set up a model of what a fifth-floor, two-bedroom condo will look like in the 16-story EdgeWater at RiverPark Place tower. Not so unusual? Well, this model is complete with images in the window offered a sneak peek at what a condominium will look like in the 16-story…
  • Local investment capital firm sells real estate holdings for $44 million

    Braden Lammers
    24 Oct 2014 | 2:27 pm
    Patoka Capital LLC has sold six Regal Cinema locations for $44 million, according to a news release from the New Albany, Ind.-based private-equity firm. The six commercial properties were located in Missouri, South Carolina, West Virginia, Ohio and Pennsylvania. The properties were sold Sept. 30 to Spirit Realty Capital(NYSE: SRC), an Arizona-based real estate investment trust. Chance Ragains, managing director and CEO of Patoka Capital, said in the release that Patoka Capital will use the proceeds…
  • Take two minutes to watch Michter's column still being installed (Video)

    David A. Mann
    24 Oct 2014 | 2:04 pm
    Yesterday I wrote about Michter's Distillery LLC's new still being installed at its facility in Shively. The new still will allow the company to bring its production in house once the facility is complete, probably around April. We had plenty of photos from the event. Now Michter's has sent us a video we could share. (See video above.) The video lasts about two minutes and shows the effort required to install the new equipment. BTW — The installation process took much longer than two minutes…
  • How much are JCPS employees paid?

    Rachel Aretakis
    24 Oct 2014 | 1:45 pm
    Starting today, Business First will be publishing employee compensation information for area institutions. The database below contains a searchable list of Jefferson County Public Schools annual salaries paid to faculty and staff members. The salary information was current as of Oct. 15, 2014. This includes substitute teachers who have no contract salary (their contract salaries are listed as $0.00), but they are paid on a salary schedule that is based on education attainment and years of experience…
  • Tumbleweed to leave waterfront store, but money settlement up in the air

    Caitlin Bowling
    24 Oct 2014 | 1:42 pm
    Tumbleweed Restaurants Inc. has agreed to vacate its waterfront store at 1201 River Road. But it is still unclear who will have to pay up in a dispute between the restaurant company and its landlord, Waterweed LLC. "We are going to seek all past due rent and damages," said Greg Berman, an attorney with Wyatt, Tarrant and Combs LLP who represents Waterweed LLC. Berman said he and his client, Waterweed, is satisfied with the outcome of the eviction case. The agreement filed with Jefferson County…
  • add this feed to my.Alltop

    Memphis Business News - Local Memphis News | Memphis Business Journal

  • Horn Lake vehicle auction company finds dry spot near Memphis airport

    Ryan Poe
    24 Oct 2014 | 1:37 pm
    Horn Lake, Mississippi, auction company Dealer's Auto Auction will move close to Memphis International Airport in early 2015, bringing 100 jobs, according to a news report. The auction, which is currently at 6723 U.S. 51 in Horn Lake, will pay the airport $400,000 in annual rent for up to about five years for 24 acres north of Democrat near the FedEx Express world hub, The Commercial Appeal reported Friday. After three years, either the airport or auction can end the lease. The auction is also…
  • Best BBQ, King Kong edition: 8 on the Plate

    Greg Akers
    24 Oct 2014 | 1:35 pm
    The Best BBQ in the Mid-South's Sweet Heat 16 has been played, and the survivors move on to the next round: 8 on the Plate. To vote in the 8 on the Plate round of Best BBQ in the Mid-South, go here. After 56 matches, it's just straight up juggernauts slugging it out with each other: Blue Pig Division: Corky's Ribs and BBQ vs. Germantown Commissary Green Pig Division: Tops Bar-B-Q vs. One and Only BBQ Red Pig Division: Central BBQ vs. The Bar-B-Q Shop Purple Pig Division: Charles Vergos' Rendezvous…
  • Newby's plans major changes to avoid closure

    Ryan Poe
    24 Oct 2014 | 1:22 pm
    After losing its property to the bank, popular Memphis college bar Newby's is facing closure — unless, that is, its owner can buy back the property, demolish its theater for parking and begin serving lunch. Todd Adams, who bought the bar, restaurant and music venue in 1997, said he's working with investors to repurchase the bar's 5,000-square-foot building at 539 S. Highland St. and its connected 6,000-square-foot theater-turned-events-venue building at 535 S. Highland. Paragon National Bank…
  • FedEx CIO addresses Greater Memphis IT Council (Video)

    Michael Sheffield
    24 Oct 2014 | 12:08 pm
    Rob Carter, executive vice president of information services and CIO of FedEx Corp., delivered the keynote address to the Greater Memphis IT Council's monthly leadership luncheon at the FedEx Institute of Technology at the University of Memphis. Carter discussed the past, present and future of data use and storage, focusing on the rise of cloud network storage.
  • St. Jude expanding with new wing

    Michael Sheffield
    24 Oct 2014 | 11:54 am
    St. Jude Children's Research Hospital has filed a Certificate of Need with the State of Tennessee to build out three floors of its previously announced Tower II. The nine-floor, $62.5 million Tower II is currently under construction, but the latest CON was filed to build out the third through fifth floors, which hadn't been designated for a specific use when the project was originally announced in 2011. The Certificate of Need said those floors will now be assigned for acute care use, with a total…
 
  • add this feed to my.Alltop

    Milwaukee Business News - Local Milwaukee News | The Business Journal of Milwaukee

  • Eight Wisconsin companies earn awards from state

    Denise Lockwood
    24 Oct 2014 | 2:47 pm
    Several Wisconsin businesses – owned by minorities, women and service-disabled veterans – were honored with awards from Gov. Scott Walker. The Wisconsin Economic Development Corp., a public-private organization tasked with spurring economic development in the state, presented the awards Thursday at Marketplace 2014, the Governor's Conference on Minority Business Development. "We salute not only the winners and finalists, but also the nearly 200 successful companies that entered this year's…
  • Benz Oil expands, under new leadership

    Denise Lockwood
    24 Oct 2014 | 1:02 pm
    Some in manufacturing call the use of lubricants in the manufacturing process the "black magic" of the industry and that's what Milwaukee-based Benz Oil, which makes specialty lubricants, provides its customers. Use the right lubricant and you can get more life out of a machine, reduce energy and tooling costs, or get a different type of sheen on a piece of metal. And with companies emphasizing advanced manufacturing, this is what is fueling much of the growth at this 50-employee shop. The company…
  • President Clinton joins list of notables stumping for Burke in Milwaukee: Slideshow

    Alison Bauter
    24 Oct 2014 | 12:51 pm
    In the final weeks of a gubernatorial race where polls promise a nail-biting finish, challenger Mary Burke's campaign brought former President Bill Clinton to Milwaukee Friday in an end-of-the-line effort to fire up the party base. Despite being out of office for nearly two decades and carrying memories of a White House scandal, it was clear Milwaukee Democrats have little but love for "Bubba." "I'd like to get an invitation to the inauguration of Mary Burke," Clinton told the crowd, reminding…
  • Marketing firm renovating Pewaukee Masonic temple for new office

    Sean Ryan
    24 Oct 2014 | 12:41 pm
    Growing marketing firm Mangold Creative is planning to move into its new office — a former Masonic temple in Pewaukee — in March after a renovation project is completed. The Waukesha company bought the brick building earlier this month from the local Masonic Lodge organization that owned it since it was built in the 1920s, said Heather Mangold, who owns the company with her husband, Mike. The property is at 126 N. Main St. The building, vacant for two years, will get an extensive renovation,…
  • Weekend parking proposal for downtown Milwaukee draws skepticism from alderman

    Sean Ryan
    24 Oct 2014 | 12:40 pm
    Downtown Ald. Robert Bauman was skeptical of the call for a study on whether to change Milwaukee's more lax street parking policies on the weekends. Ald. Joe Dudzik drafted a resolution asking the Milwaukee Department of Public Works to study whether changing the weekend parking hours and rates would make street spaces more available and attract more people downtown, to the 3rd Ward and Mitchell Street. The concept is to encourage higher turnover in parking spots. The city on Saturday and Sunday…
  • add this feed to my.Alltop

    Minneapolis Business News - Local Minneapolis News | The Minneapolis / St Paul Business Journal

  • Minnesota hospitals picked for Ebola patients

    Jim Hammerand
    24 Oct 2014 | 2:49 pm
    Ebola patients in Minnesota will be treated at one of four hospitals, the Minnesota Hospital Association said Friday: University of Minnesota Medical Center, West Bank Campus, Minneapolis Mayo Clinic Hospital in Rochester, Saint Marys Campus Allina Health's Unity Hospital in Fridley Children's Hospitals and Clinics of Minnesota, St. Paul campus All of the state's hospitals will be prepared to detect, isolate and provide initial care for suspected Ebola cases before patients are transferred to one…
  • Call center firm Spanlink sold to ConvergeOne

    Katharine Grayson
    24 Oct 2014 | 1:50 pm
    Spanlink Communications, which designs and manages call centers for businesses, has been sold to ConvergeOne for an undisclosed amount. Southport, Conn.-based ConvergeOne, a communications-technology provider and integrator, has most of its operations in Eagan. Golden Valley-based Spanlink will be renamed ConvergeOne Collaboration. Its CEO, Eric LeBow, will serve as the company's managing director. "This acquisition will help propel Spanlink to the next level, and enables us to provide more resources…
  • Ecumen aims younger with new Minnetonka senior co-op

    Sam Black
    24 Oct 2014 | 1:00 pm
    Senior housing provider Ecumen is developing a 58-unit cooperative in the Glen Lake neighborhood of Minnetonka. The proposed $20 million project is at 14217 Stewart Lane, on the north shore of Glen Lake near two other senior housing developments. The Minnetonka Planning Commission had an informal review of the concept plan Thursday. Senior cooperatives are "for sale" communities in which the residents own shares of the corporation that owns the building. This arrangement gives them tax advantages…
  • Who's who at the 2014 Fast 50 awards (Photos)

    Jim Hammerand
    24 Oct 2014 | 12:55 pm
    The Business Journal Fast 50 awards party Thursday featured fire-breathing entertainers and smoking cocktails to recognize the red-hot private companies that are the fastest-growing in the Twin Cities. RELATED: 2014 Fast 50 winner profiles and photos Business Journal photographer Nancy Kuehn captured the scene at Muse in Minneapolis' North Loop neighborhood. View a gallery of her photos here.
  • Digital River’s exit leaves just one software company on MN’s Top 100 Public List

    Katharine Grayson
    24 Oct 2014 | 12:36 pm
    SPS Commerce will become the sole software company on the Business Journal's Top 100 Public Companies List following Digital River Inc.'s sale to an investor group. Minnetonka-based Digital River, which ranked No. 47 on the 2014 list, will transition to a private company following its $840 million sale to a group led by private equity firm Siris Capital Partners. The e-commerce firm is the second software business to leave the Top 100 over the past two months. Fleet-management tech company XRS Corp.…
  • add this feed to my.Alltop

    Nashville Business News - Local Nashville News | The Nashville Business Journal

  • American Banker: Pinnacle, Avenue ranked among best banks to work for nationwide

    Scott Harrison
    24 Oct 2014 | 12:54 pm
    Two Nashville banks appear near the the top of American Banker Magazine's "Best Banks to Work For," a ranking of the top 40 firms nationwide featured in the publication's November edition. Pinnacle Bank ranked as the second-best bank to work for nationwide, according to American Banker. Avenue Bank ranked No. 4 on the magazine's list. "It's a validation of what we've set out to do," said Avenue Chairman and CEO Ron Samuels. "Our whole model is centered with a stake in the ground on service. It…
  • Is your Halloween costume a Top 10 for 2014?

    Alison Nash
    24 Oct 2014 | 12:50 pm
    Just last week, reporter E.J. Boyer shared a report naming Nashville as a Top 10 city for Halloween based on Music City's party offerings, whether or not people we going to them and the average cost. We've also been looking for photos of Halloweens past, asking readers to submit pictures of themselves dressed up as children. It made us wonder, who's dressing up next week, and what types of costumes should we expect to see? Just how many "Frozen" characters will there be trick-or-treating in your…
  • IPO among options as Avenue Bank plots future growth, CEO Samuels says

    Scott Harrison
    24 Oct 2014 | 12:48 pm
    Avenue Bank is growing fast. So fast that Chairman and CEO Ron Samuels is looking at new sources of capital, including a potential public offering. Avenue has grown 18 percent in the past year, with assets nearing $1 billion. To support its continued growth, Samuels knows the bank will need to raise more capital down the road. That could come from institutional investors, additional private stock or going to the public markets. "There are a lot of ways to continue to provide growth capital," Samuels…
  • Iroquois’ new CEO builds his library faster than he can read it (Video)

    Scott Harrison
    24 Oct 2014 | 11:47 am
    Bill McGugin has a problem with his nightstand. There are too many books. When I caught up with him a few weeks ago for our "Boss" executive profile interview, McGugin — who will take over as Iroquois Capital Group's president and CEO in 2015 — said he had around a dozen titles sitting on his nightstand. McGugin's a voracious reader. He tries to tackle at book a week. And he's pretty specific on what he likes to read: business books, biographies and "modern-day thrillers." "I've almost put…
  • Musicians Hall of Fame eyes partnership with Grammy Museum

    E.J. Boyer
    24 Oct 2014 | 10:59 am
    Nashville city and tourism officials are in talks with the Los Angeles-based Grammy Museum to open an interactive, educational exhibit at the Musicians Hall of Fame and Museum. Talks, which began in May, are just that right now, but Grammy Museum officials will be in town next week to meet with city officials, coinciding with the Hall of Fame's unveiling of its new Roy Orbison exhibit. A more formal blueprint for how the partnership could work would be discussed, said Peter Heidenreich, with public…
 
  • add this feed to my.Alltop

    Orlando Business News - Local Orlando News | The Orlando Business Journal

  • Winter Park, west Orange dominate 2Q luxury home sales

    Anjali Fluker
    24 Oct 2014 | 1:58 pm
    This year's second quarter was an active one for Central Florida's $1 million-plus home buyers. Orlando Business Journal's parent company collected data on the 20 most-expensive Central Florida homes that were recorded as selling in this year's second quarter. The top 20 homes, all of which were in Orange County, sold for a total of $57.3 million — an average of $2.9 million — with the highest-priced home sale notching $6.9 million. Half of the 20 most-expensive closings were in Winter Park…
  • Confirmed: Disney ditching iconic sorcerer’s hat at Hollywood Studios next year

    Megan Ribbens
    24 Oct 2014 | 1:40 pm
    It's time to take your final photos and say your goodbyes, as the iconic Mickey's sorcerer's hat at Disney's Hollywood Studios will be removed. Walt Disney World confirmed to Orlando Business Journal on Oct. 24 that the 122-foot-tall hat, which has been the centerpiece of the theme park since 2001, will be removed. "Work continues on bringing new experiences to life at Disney's Hollywood Studios and we look forward to sharing more information at a later date," said Disney spokesman Bryan Malenius,…
  • Exclusive: Trustco Bank planning more branches, jobs

    Susan Lundine
    24 Oct 2014 | 1:07 pm
    Trustco Bank, the 16th largest bank in Central Florida, is about to get a little bigger. The bank, which now has 48 Florida branches and about 200 employees, plans to add up to another seven locations by the end of 2015, creating up to 35 new jobs, Eric Schreck, Florida regional president, said in an exclusive interview with Orlando Business Journal. That includes a new branch slated to open in Orlando's MetroWest area on Hiawassee Road in early January and a second Sarasota branch by the end of…
  • The List: Highest-paid nonprofit execs in C. Fla.

    Denise Hicks
    24 Oct 2014 | 12:07 pm
    Central Florida has a number of nonprofit organizations that serve the communities in which they're located in numerous ways. Heading up these organizations is no easy task, considering the job typically entails not only being a good fundraiser but also having keen business insight in guiding the ship. Here, we take a look at the highest-paid nonprofit executives in Central Florida. Check out our slideshow to see how much the top executives at Central Florida's nonprofits earn. And for more salary…
  • Nashville’s Tin Roof bar, eatery coming to I-Drive

    Megan Ribbens
    24 Oct 2014 | 11:39 am
    A new bar and restaurant from Nashville's Music Row is coming to Orlando by year's end. Live music joint and eatery Tin Roof will open its first Florida location in December at the $200 million I-Drive 360 entertainment development in the city's tourist district. The Orlando location will be the Nashville, Tenn.-based chain's 14th location in the U.S. The 5,000-square-foot bar and restaurant will seat 210, with 155 indoor seats and 55 outdoor seats. The location will hire about 25-50 workers, and…
  • add this feed to my.Alltop

    Philadelphia Business News - Local Philadelphia News | The Philadelphia Business Journal

  • Wash Cycle Laundry founder to pitch at first Blackstone LaunchPad Demo Day

    Lauren Hertzler
    24 Oct 2014 | 12:47 pm
    It's Gabriel Mandujano's mission to expand his company Wash Cycle Laundry as quickly as possible. To do that, he's going to need additional funding. That means he needs more than what he's making running his eco-friendly laundry pick-up and delivery service in Philadelphia, Washington, D.C., and Austin, Texas. Mandujano is gearing up to pitch his business at the first Blackstone LaunchPad Demo Day, slated to take place Oct. 28 in New York. He is one of 20 national finalists — and the only person…
  • Sources: SEPTA not striking Monday but tensions still high

    Jared Shelly
    24 Oct 2014 | 11:38 am
    Although SEPTA's largest union is calling for a strike authorization vote on Sunday, don't expect a strike on Monday, according to sources close the situation. SEPTA negotiators have dug in on certain issues, sources say, and furious members of the TWU union are likely to pass the strike authorization easily. A strike would shut down subway and bus service. TWU President Willie Brown will hold a press conference on Monday to update the public on the negotiations. Brown told me earlier this month…
  • Young leaders Philadelphia can't afford to lose

    Liz Dow
    24 Oct 2014 | 11:34 am
    During my 20 years of running Leadership Philadelphia I have become a talent scout. Working intensely with over 2,000 professionals, we have become intrigued by a skill set that is particularly useful as you climb the corporate ladder: Lateral leadership. This ability to move a group of peers toward a goal without using formal authority is crucial for effective project teams and boards of directors. The people who excel at this talent are called Connectors. They tend to have a very wide circle of…
  • Globus Medical acquires Texas human tissue products company

    John George
    24 Oct 2014 | 11:25 am
    Globus Medical Inc. has acquired Transplant Technologies, a provider of human tissue products for use in the spine, orthopedics, sports medicine, dental and wound care markets. Terms of the deal were not disclosed. Globus Medical (NYSE: GMED) of Audubon, Pa., which specializes in developing and manufacturing musculoskeletal implant products, said it will provide additional details about the transaction during its quarterly earnings conference call on Oct. 30. "This acquisition will complement…
  • Former hospital council president returning to Philadelphia for lobbying firm post

    John George
    24 Oct 2014 | 11:00 am
    Andrew Wigglesworth, the former CEO of the Delaware Valley Healthcare Council, is joining S. R. Wojdak & Associates next month as an executive vice president in charge of the Philadelphia lobbying firm's health care consulting practice. For the last five years, Wigglesworth has served as CEO of MedicAlert Foundation, an international nonprofit organization based in California that pioneered the use of medical ID products. Before that, he was a partner at the Philadelphia health-care consulting firm…
  • add this feed to my.Alltop

    Phoenix Business News - Local Phoenix News | The Business Journal of Phoenix

  • Apple supplier GT Advanced’s bankruptcy puts big hurt on staffing firms

    Mike Sunnucks
    24 Oct 2014 | 3:09 pm
    Many of the doomed workers at bankrupt Apple supplier GT Advanced Technologies' Mesa plant were never paid by either company. Instead, production, professional and administrative workers at the soon-to-be shuttered factory were temporary or contracts workers. That means they were paid by temporary staffing and employment services companies hired by New Hampshire-based GT. GT's Chapter 11 bankruptcy filing has left staffing and other contractors who did work for the Mesa plant in a lurch. Local…
  • Co+Hoots hosts its first Co+Exchanger for Pro Bono Week

    Hayley Ringle
    24 Oct 2014 | 2:56 pm
    Co+Hoots Foundation has started Co+Exchanges as an entrepreneur and co-worker exchange program and welcomed its first co+exchanger this week. The foundation is celebrating Pro Bono Week this week, Oct. 20-25, with its first co+exchanger Matthew Manos, founder and managing partner of verynice, a global design and innovation consultancy that dedicates over 50 percent of its efforts toward free services for non-profit organizations. Manos gave a presentation Wednesday at Co+Hoots on "How to give away…
  • Don't work for free – take your vacation (and help the economy)

    Brandon Brown
    24 Oct 2014 | 2:50 pm
    Americans are working too hard and it is causing the economy to suffer. According to a new study by the U.S. Travel Association, many employees are who receiving paid time off are not taking what is given to them, and it is having an effect on the economy. The research, which was conducted by Oxford Economics, said that nearly five days of paid time off were not used by employees in 2013 – 1.6 of those days were permanently lost to employees. A total of 169 million vacation days were lost last…
  • Grand Canyon University to manage, renovate Phoenix golf course

    Mike Sunnucks
    24 Oct 2014 | 2:28 pm
    Grand Canyon University is taking over management of Maryvale Golf Course and will undertake an $8 million renovation of the city-owned property. GCU President and CEO Brian Mueller said the city of Phoenix course loses as much as $300,000 annually and he hopes the school's management will turn the financial situation around. "It's just a beautiful peace of property," Mueller said in telephone interview. The city will still own the golf course but GCU will manage the property in a 30-year deal. Mueller…
  • Tallwave Capital raises $13.15 million in first tech seed fund

    Hayley Ringle
    24 Oct 2014 | 2:06 pm
    Scottsdale-based Tallwave Capital has raised $13.15 million in its first seed fund focused exclusively on the technology sector. The investment firm is investing in software-as-a-service platforms, mobile applications, ad tech and eCommerce platforms across the country. Seed investments will be made between $125,000 to $400,000 in early-stage consumer and enterprise focused businesses. "This is an exciting time for Arizona's entrepreneurial ecosystem," Jeffrey Pruitt, CEO of Tallwave LLC and managing…
 
  • add this feed to my.Alltop

    Pittsburgh Business News - Local Pittsburgh News | The Pittsburgh Business Times

  • Education Management shares drop 46 percent

    Patty Tascarella
    24 Oct 2014 | 2:12 pm
    Education Management Corp. plunged 46.09 percent to end Friday trading at 62 cents per share. It was not the deepest drop of the day for the Pittsburgh-based company, which hit a new 52-week low of 41 cents. On Thursday, Education Management (Nasdaq:EDMC) announced it plans to voluntarily delist shares from Nasdaq.
  • Fuel cell manufacturer opens expanded facility

    Sam Kusic
    24 Oct 2014 | 2:10 pm
    New York-based Watt Fuel Cell Corp. ceremonially opened its newly acquired and expanded Westmoreland County production facility on Friday. The company, which makes solid oxide fuel cells, cut the ribbon on the facility and the additional 30,000 square feet of space it expanded into at the Mt. Pleasant Glass Center. Friday's ceremony follows Watt's acquisition of Pittsburgh Electric Engines Inc., which was developing solid oxide fuel cells for the heavy-duty truck market. Watt acquired Pittsburgh…
  • Natural gas fueled towboats face technical challenges

    Sam Kusic
    24 Oct 2014 | 11:53 am
    Converting the river towboat fleet to run on natural gas poses some challenges, but those challenges are not insurmountable, according to naval architect Gregory Beers, president of The Shearer Group Inc. Speaking Friday during the Clean Fuels/Clean Rivers' LNG marine forum, Beers said there are several challenges to getting towboats to run on liquefied natural gas. Among them, he said, is finding the onboard space to place storage tanks. The power plants are also a problem, he said. No one has…
  • Southwestern Energy CEO: Marcellus acquisition "not a call on gas. It is a call on quality. Quality wins in every price environment."

    Sam Kusic
    24 Oct 2014 | 11:39 am
    Southwestern Energy Co. Chairman and CEO Steven Mueller put off questions about his company's announced Marcellus Shale acquisition during its third-quarter earnings call on Friday, but he took time to address one point. Mueller said he he's heard and read that the deal with Chesapeake Energy Corp. (NYSE: CHK) represents Southwestern's call on gas. "While we believe gas fundamentals are improving, the acquisition is not a call on gas. It is a call on quality. Quality wins in every price environment,"…
  • Photos: VIP reception and Who's Who in Energy Gala

    24 Oct 2014 | 11:38 am
    The Pittsburgh Business Times held a VIP reception and then the Who's Who in Energy gala Thursday night at the Meadows Casino in North Strabane. Click on the photograph to start the slideshow.
  • add this feed to my.Alltop

    Portland Business News - Local Portland News | The Portland Business Journal

  • Scenes from PIE's Demo Day: Here comes the pitch (Photos)

    Andy Giegerich
    24 Oct 2014 | 2:59 pm
    Who knew that Supportland had so many, um, supporters? Or that the Outdoor Project has already climbed the charts among burgeoning Portland companies? Arguably, Rick Turoczy did. The founder of the Portland Incubator Experiment's fifth annual Demo Day is shining a seriously bright spotlight on such rising star Rose City companies as they roll out their ideas, strategies and business plans to hundreds of onlookers at the Gerding Theater and at eBay's community space. Our photographer Cathy Cheney…
  • 2 skills that make MBAs relevant in 2014

    Brandon Sawyer
    24 Oct 2014 | 2:55 pm
    When Marylhurst's Susan E. Marcus sat down with us to talk about the value of an MBA, we wanted to how she, and her peers, interact with the local business community. "Part of our work as administrators here is to continually check in with the business community to just do a little pulse check to make sure that we're hitting the mark right with what we're doing in our curriculum," she said. "What we hear consistently from them is the importance of being able to express themselves well in writing…
  • Check out this sweet and savory bunch of tweets from PIE's Demo Day

    Andy Giegerich
    24 Oct 2014 | 2:48 pm
    With the Portland Incubator Experiment's Demo Day comes a wide array of Twitter spikes. That's particularly true among entrepreneurial fans and observers who want to see what the shiniest new companies are up to as they present their goods. So far, such companies as Supportland and the Outdoor Project have made a splash as the Twitterati weigh in with their insta-takes. Which makes sense, given that the event sold out the Gerding Theater, in downtown Portland. A large group is also watching the…
  • OSU’s accelerator is on the hunt for its next class

    Malia Spencer
    24 Oct 2014 | 2:02 pm
    Oregon State University's Advantage Accelerator is looking to fill its next class with applications to the program open and available now. The next class begins in January and runs for five months. Companies do not have to be traditional university spin-outs but must have high-growth potential with products or services that could exported out of the region. The OSU accelerator is part of the Regional Accelerator and Innovation Network that also includes a program at University of Oregon. Taken…
  • Exclusive: Intel shares details on its new Providence and Kaiser health plans

    Elizabeth Hayes
    24 Oct 2014 | 1:59 pm
    Like every employer out there, Intel Corp. found that a small percentage of workers accounted for a large percentage of its health costs. To get a better handle on that dynamic, Intel about 10 years ago started trying out different initiatives — such as wellness programs, biometric screenings and generic drugs — all of which helped drive down costs. Then they started trending up again about three years ago, so the chipmaker decided to experiment by going directly to the doctors and bypassing…
  • add this feed to my.Alltop

    Raleigh Business News - Local Raleigh News | The Triangle Business Journal

  • NCSU textile spinout is out to conquer stinky socks

    Dawn Wallace
    24 Oct 2014 | 1:24 pm
    An N.C. State University College of Textiles spin-out company has designed a product that make socks smell better. Two College of Textiles professors create SmellySox, created by Textilescents. The socks have designs on them, and can be infused with aroma therapeutic scents such as jasmine and chamomile. The best part is you can inject the smell back into the socks when it wears out. The company is on the verge of creating a Kickstarter campaign to garner funds to get the company off the ground,…
  • American Underground's downtown Durham expansion wil include bar, rooftop patio

    Lauren K. Ohnesorge
    24 Oct 2014 | 1:10 pm
    Friday, the third floor of the American Underground's @Main complex in downtown Durham looked like a metal cage. Rows and rows of steel divide a cement floor. It's dusty, with pipes and nails scattered on the floor. By "mid to late January," it will be an entrepreneurial zoo – and by that I mean offices, windows, a bar. Innovation. American Underground is doubling its space in downtown Durham– a move that will include a rooftop patio and a lounge area to overlook Main Street. "The bar will…
  • Heavner-led University Directories files for bankruptcy

    Sougata Mukherjee
    24 Oct 2014 | 11:56 am
    Prominent Triangle businessman Jim Heavner, a household name in Chapel Hill, has pushed his company, University Directories, into Chapter 11 bankruptcy to ward off what he calls a hostile takeover attempt. "This company has never missed a bank payment and is current on every loan," says the 75-year old Heavner. "We chose to take this action with reluctance because it may cause anxiety among our stakeholders." The filing was made in the middle district of the U.S. Bankruptcy Court in North Carolina. Through…
  • Frontier CEO: How Durham fits into our fiber strategy

    Lauren K. Ohnesorge
    24 Oct 2014 | 11:07 am
    Frontier Communications picked Durham to be its first fiber market, but a lot went into the decision, says CEO Maggie Wilderotter, who was in town for the first time in five years to announce the new high-speed plan. "We did see the opportunity for growth in this area," she says, adding that "strong" private-public partnership, too, were a factor. "We don't have a lot of that in our markets. We're mostly in rural America, so this is considered a bigger city for us." While the company started building…
  • Krispy Kreme opens first store in key international market

    James Ritchie
    24 Oct 2014 | 10:28 am
    Krispy Kreme Doughnuts Inc. has a new store in Bogota, Colombia — its first in South America. The franchisee shop has 5,100 square feet, according to a press release. Under an agreement with Bogota-based IRCC Ltda., a subsidiary of the VA! Group, 25 Krispy Kreme stores will be opened over the next five years in major cities throughout Colombia, including Bogota, Medellin and Barranquilla. VA! Group operates several major restaurant brands in the market, including Papa John's, Hamburguesas El…
 
  • add this feed to my.Alltop

    Sacramento Business News - Local Sacramento News | The Sacramento Business Journal

  • ​Dispute over state-owned buildings heads to trial

    Allen Young
    24 Oct 2014 | 2:47 pm
    After nearly four years in limbo, a dispute over the purchase of 11 state-owned buildings in Sacramento and elsewhere heads to trial next month. A group of real estate interests are suing the state of California over a canceled deal that would have allowed them purchase state-owned buildings and then lease back the office space. The jury trial is set for Nov. 10 in San Francisco Superior Court. The original deal was approved by then-Gov. Arnold Schwarzenegger to help close a large budget gap by…
  • UC says its five medical centers are ready to take Ebola patients

    Chris Rauber
    24 Oct 2014 | 2:03 pm
    The University of California has told California public health officials that its five medical centers, including UCSF Medical Center and UC Davis Medical Center in Northern California, are "positioned" to provide necessary specialty care for any potential Ebola patients in the Golden State. In effect, the UC hospitals have volunteered to take such cases, officials told the California Department of Public Health. "All of the UC Medical Centers specialize in complex care and operate as or staff…
  • Elk Grove outlet mall may have legal challenge

    Ben van der Meer
    24 Oct 2014 | 1:39 pm
    A newly approved plan for an outlet mall in Elk Grove could draw legal challenges from a neighboring property owner. Mike Grehl, vice president of M&H Realty, which owns property designated for retail development next to the outlet-mall site, said in a statement Thursday the city of Elk Grove is picking winners and losers when it approved the outlet mall plan. "We are not opposed to the outlet project," Grehl said in an email statement. "However, it is troubling that the city rejected our repeated…
  • Davis-based Sierra Railroad wins additional $13M in suit against rival

    Mark Anderson
    24 Oct 2014 | 1:05 pm
    A federal judge in Sacramento on Thursday awarded Davis-based Sierra Railroad Co. $13.1 million in punitive damages in a dispute over freight shipments at McClellan Business Park. The award, by U.S. District Judge Troy Nunley, is for willful misappropriation of Sierra's trade secrets by a larger company, Patriot Rail Co. LLC of Jacksonville, Fla. The award is in addition to$22.2 million in compensatory damages and another punitive award of $17.4 million awarded earlier this year. The most recent…
  • Kings games are fourth cheapest in the NBA, analysis finds

    Ben van der Meer
    24 Oct 2014 | 12:34 pm
    For at least the upcoming 2014-15 season, the Sacramento Kings are still a relative bargain compared to most NBA teams, according to a new analysis by NerdWallet. The San Francisco-based personal finance site found a family of four would pay about $377 to attend a game, including not only tickets but hot dogs, beer, soda and parking. That was the fourth-lowest average price in a league. The average is $654.90, according to NerdWallet. Chris Rein, an analyst with NerdWallet, said the relatively…
  • add this feed to my.Alltop

    St. Louis Business News - Local St. Louis News | The St. Louis Business Journal

  • Plaza Motor accuses ex-employee of stealing trade secrets

    Jacob Kirn
    24 Oct 2014 | 12:58 pm
    When Jason Catlin's job at Plaza Motor Co. ended in August, he left with more than his personal belongings, according to a lawsuit filed Thursday in U.S. District Court in St. Louis. Asbury Automotive St. Louis, which does business as Plaza Motor Co., alleges that Catlin downloaded "confidential customer information and customer lists," then accepted a job at competitor Travers Automotive Group. Both operate in the "fierce and ultra-competitive St. Louis market for high-end luxury vehicles," according…
  • The highest-paid St. Louis Blues players

    Brian Feldt
    24 Oct 2014 | 12:53 pm
    Paul Stastny, the native-St. Louisan and high profile free agent acquisition, is also the highest-paid player on the St. Louis Blues this season. Stastny, a center who signed a four-year, $28 million contract with the Blues in July, is earning $7 million per season. Defenseman Alex Pietrangelo ($6.5 million) and left winger Alexander Steen ($5.8 million) are the second and third highest-paid players on the Blues, respectively. The Blues, which have an estimated annual revenue of $110 million, have…
  • What it’s like to have a tattoo in the workplace in 2014

    Alison Green
    24 Oct 2014 | 12:21 pm
    While the business world is getting slightly more progressive to cater to Millennials, looking professional and making a great impression is still imperative to landing that first job. When I got the call for an initial interview at the Business Journal, I was 22, had pink in my hair, a pierced nose and a few visible tattoos. I immediately dyed my hair to a "normal" color, took out my nose ring and dressed the part of a professional. Would I have gotten the job if I kept the pink in my hair? What…
  • Westmoreland homes are most expensive buys in St. Louis city

    Jacob Kirn
    24 Oct 2014 | 11:04 am
    The most expensive residential real estate purchases in the city of St. Louis in the second quarter were both on the same street: Westmoreland Place, a private drive just off Kingshighway Boulevard near Straub's in the Central West End. The properties are listed below. — 51 Westmoreland Place, $2,050,000, June 3, buyer: Rick S. and Jean M. Mofsen, seller: Porta Living Trust. Dr. Rick Mofsen, owner of St. Louis Clinical Trials LC, is board certified in psychiatry and pain management. — 28 Westmoreland…
  • ‘So, did you get a tattoo?’

    Greg Edwards
    24 Oct 2014 | 9:51 am
    It's the first thing people asked me once they found out I was writing about the tattoo industry. Apparently they instinctively knew I didn't previously have a tattoo. Maybe it's the Brooks Brothers shirts and Weejun loafers. Admittedly, at 62, I was perhaps the least likely member of the staff to report and write a package of tattoo stories. But, boy, was it fun. As Christa Osborne, owner of Enigma Tattoos in University City, told me, "For years, tattooing was a counter-cultural thing, but that…
  • add this feed to my.Alltop

    San Antonio Business News - Local San Antonio News | The San Antonio Business Journal

  • Tower of the Americas will close for repairs next week

    James Aldridge
    24 Oct 2014 | 2:08 pm
    San Antonio's iconic Tower of the Americas will be closed for 72 hours so that crews can make needed electrical repairs to the structure. The tower will close on Oct. 27 to so that repairs can begin, and will re-open on Thursday, Oct. 30. The tower's main electrical buss duct failed at two joint locations about 90 feet up the shaft. Temporary repairs have kept the tower open to the public until workers could coordinate a permanent fix. During the closure, the main buss duct that feeds power to the…
  • Crowdfunding portals gearing up for small investors

    Mike W. Thomas
    24 Oct 2014 | 1:56 pm
    Now that the Texas State Securities Board has approved new rules for equity-based crowdfunding, the gears are turning on a local plan to give small investors a way to put their money to work backing startups. Nathan Roach, an attorney with RAM Law Firm PLLC in San Antonio, said potential investors can start signing up on the portal that he and his partners have put together. However, it will be mid-November before the new rules formally take effect, after they are published in the Texas Register. "We…
  • Morning Meeting Madness bracket finals set

    Tony Quesada
    24 Oct 2014 | 12:58 pm
    And then there were eight. Morning Meeting Madness — the San Antonio Business Journal's reader poll-based tournament to find the favorite place to meet in the morning — has reached the bracket finals with four matchups. Voting will begin Monday. Voting ended today in the second round of the Bowie and Dickinson brackets, which featured some notable matchups: In the Bowie Bracket, Green Vegetarian Cuisine at Pearl defeated Hearthstone Bakery Cafe in the most-voted on matchup of the tournament…
  • Brackenridge at Midtown luxury high-rise now accepting tenants

    James Aldridge
    24 Oct 2014 | 12:46 pm
    Officials with Embrey Partners will release new details next week on the company's newest development along the Broadway corridor, The Brackenridge at Midtown. The 282-unit luxury community, announced last year, is substantially complete and accepting tenants. The Brackenridge at MidTown was built with $3.4 million in city incentives and fee waivers and represents a $32 million investment. City of San Antonio officials have made downtown housing and neighborhood revitalization along Broadway Street…
  • Best CFOs honored in San Antonio, slideshow

    James Aldridge
    24 Oct 2014 | 9:59 am
    Nearly 250 guests helped congratulate the 10 winners from the San Antonio Business Journal's 2014 Best CFO Awards & Financial Executives on Thursday, Oct. 23 at Oak Hills Country Club. To be selected, companies had to nominate chief financial officers and finance executives who are considered outstanding in their field. Publisher Jimmy Holmes presented the awards at the celebration. The full publication appears as a special pull-out section in the Friday, Oct. 24 edition of the newspaper and online…
 
  • add this feed to my.Alltop

    San Francisco Business News - Local San Francisco News | The San Francisco Business Times

  • FNB Bancorp faces competition in buying Valley Community Bank

    Mark Calvey
    24 Oct 2014 | 2:36 pm
    Valley Community Bank, with offices in Pleasanton, Livermore and San Jose, suddenly finds itself the center of attention as more than one suitor wants to acquire the bank's attractive franchise. This is a nice turn of events for long-suffering shareholders at Valley Community Bank, which got slammed in the 2008 financial crisis. Even today the bank garners just three stars out of five from Bauer Financial. Three stars stands for "adequate." Valley Community Bank struck a deal in May to be acquired…
  • Shorenstein seeks right to turn Oakland office project into housing

    Cory Weinberg
    24 Oct 2014 | 1:59 pm
    The owner of the largest proposed office tower that's under construction in Oakland – 601 City Center – wants the right to convert all or part of the stalled project to housing. Shorenstein Properties and MetLife Real Estate Investments took control of the vacant property in 2007 from Oakland's redevelopment agency with the promise it would build offices there, but has failed to attract an anchor tenant to the premium downtown sites. The 601 City Center site is now an empty hole across form…
  • Medivation lines up cancer drug deal — with an escape

    Ron Leuty
    24 Oct 2014 | 1:48 pm
    Medivation Inc. broadened its cancer drug portfolio in a low-risk deal with a $5 million upfront payment and an escape hatch. The San Francisco company (NASDAQ: MDVN), which developed the prostate cancer drug Xtandi with Astellas Pharma Inc., said Friday that it licensed exclusive worldwide rights to an immune system-modulating drug from CureTech Ltd. So-called immuno-oncology drugs, including "checkpoint inhibitors" that rev up patients' own immune systems to attack cancer, are a white-hot area…
  • San Francisco's 'Bar Car' serves booze food-truck style

    Annie Sciacca
    24 Oct 2014 | 1:45 pm
    There's a food truck serving bugs, a food truck for dogs, and now, there's one serving booze. Bar Car, a 1965 Airstream trailer-turned-mobile bar is making its debut in the Bay Area. While it won't be parked on the street as some of the area's many food trucks are, the Bar Car's catering liquor license will allow it to pour at any sort of private event such as weddings, corporate events and birthday parties. The booze-centric truck is the brainchild of restaurant and bar entrepreneur Greg Medow,…
  • UC says its five medical centers are ready to take Ebola patients

    Chris Rauber
    24 Oct 2014 | 1:43 pm
    The University of California has told California public health officials that its five medical centers, including UCSF Medical Center and UC Davis Medical Center in Northern California, are "positioned" to provide necessary specialty care for any potential Ebola patients in the Golden State. In effect, the UC hospitals have volunteered to take such cases, officials told the California Department of Public Health. As many as 1.5 million cases, and hundreds of thousands of additional deaths could…
  • add this feed to my.Alltop

    San Jose Business News - Local San Jose News | The Silicon Valley / San Jose Business Journal

  • The 50 fastest-growing private companies in Silicon Valley (slideshow)

    Eric Van Susteren
    24 Oct 2014 | 2:53 pm
    In Silicon Valley, it takes explosive growth to get noticed. We've found 50 companies whose sales put them at the top of the heap. This group of the 50 fastest-growing private companies in Silicon Valley spanned the gamut from selling artificial Christmas trees to creating medical devices aimed at markets worth billions of dollars. The cutoff to make this year's list was 35 percent growth over a three-year span — and the No. 1 company topped 3,000 percent sales increases. Click on the accompanying…
  • Elon Musk: Mars needs men and women

    Sara Castellanos
    24 Oct 2014 | 2:53 pm
    As CEO of California-based SpaceX, Elon Musk aims to build a self-sustaining city on Mars. Think of it as wanting to have a "back-up file" to Planet Earth, where humans can ensure that their species will survive and thrive for a long time, Musk said at MIT's Centennial Symposium today. "A multi-planet version of humanity's future is going to last a lot longer ... than if we were a single-planet species," he said at the event. His critics have asked why he'd focus technological efforts on building…
  • Some Bay Area restaurants ready to toss out tipping in favor of flat fee

    Krystal Peak
    24 Oct 2014 | 2:52 pm
    Could tipping be on its way out? As restaurants grapple with costs and rising wages, some are considering adding a 20 percent service charge to all bills in lieu of customers paying a gratuity. The five businesses in the Bay Area: Comal, Camino, Duende, Bar Agricole and Trou Normand each plan make the policy switch within the next few weeks, according to the San Francisco Chronicle. And the Business Times' staff has heard rumblings from several others that this is an attractive option because it…
  • Roku reported to be working on confidential IPO filing

    Cromwell Schubarth
    24 Oct 2014 | 2:14 pm
    Roku is reportedly working on a confidential filing for plans to raise as much as $150 million in an IPO. The Wall Street Journal cited unnamed sources who said that the Saratoga-based streaming content device maker is working with Bank of America, Merrill Lynch, Citigroup and others on the filing. It isn't clear when Roku might plan to go public. A number of tech companies, including Box and Good Technology, have put off their IPOs until next year due to market volatility after filing publicly…
  • Synaptics shares fall 15% after earnings miss, report of weak demand for smartphone chips

    Jose Fermoso, @fermoso
    24 Oct 2014 | 1:48 pm
    Synaptics Inc. reported weak demand for its smartphone chips and lower-than-expected revenue and profit in its first fiscal quarter, leading to a 15 percent drop in its shares. The company, which employs about 700 people in Silicon Valley, makes the chip technology for touchpads and touchscreens for device manufacturers like Samsung Electronics, Microsoft Corp., Google Inc., and Sony Corp. Synaptics' shares fell $11.16 to $62.10 today. Rick Bergman, president and CEO of San Jose-based Synaptics,…
  • add this feed to my.Alltop

    Seattle Business News - Local Seattle News | The Puget Sound Business Journal

  • Amazon loses $170M on Fire Phone, but that's not why stock is plunging

    Rachel Lerman
    24 Oct 2014 | 2:29 pm
    Amazon made a big bet on its first smartphone, decking the Fire Phone out with cool features and an updated app store. But it didn't pay off. The company took a $170 million charge related to a write-down of inventory costs, "primarily related to the Fire Phone," Amazon CFO Tom Szkutak said in the third-quarter earnings conference call Thursday. Amazon reported a $437 million loss in its quarterly results Thursday, significantly more than Wall Street was expecting. The stock fell dramatically after…
  • New Cambia facility to bring health care, insurance, biotech industries together

    Annie Zak
    24 Oct 2014 | 2:20 pm
    Imagine a massive space where members of the Seattle-area health care community, from startups to health insurance companies to heavy-hitting research universities, could collaborate to solve pressing health care problems. That's the vision for the Cambia Grove, a 9,000-square-foot facility that is currently under construction and set to open in 2015 at the corner of Ninth Avenue and Olive Way. The new facility won't be far from where Amazon is building its new campus and where several new biotech…
  • ​List Leaders: The biggest of the Big Data Software Companies

    Stephanie Forshee
    24 Oct 2014 | 2:08 pm
    Big data. It's one of the hottest sectors in tech, and the greater Seattle area has been at the forefront of this aggressively growing industry. Many in the industry have long predicted that Seattle is poised to be the big data capital of the world, with big players including Apptio, Inrix and Zonar Systems making headlines for receiving major investments and leading innovation in the industry. No. 1 on The List of big data software companies has been a public company for just more than a year…
  • Alibaba ramps up recruiting for Seattle office

    Rachel Lerman
    24 Oct 2014 | 1:54 pm
    Chinese e-commerce giant Alibaba may have quietly opened an office in downtown Seattle, in competitor Amazon's own backyard. Rumors have been swirling for months that the company was preparing to launch a Seattle office, which would be its second U.S. office, in addition to a Silicon Valley location. Alibaba has been recruiting this week for engineers in Seattle, job postings on LinkedIn show. Postings went up Wednesday for an algorithms engineer and a software development engineer in Seattle…
  • A third of passenger Boeing 747-8s go to the wealthy; first completed one rolls out

    Steve Wilhelm
    24 Oct 2014 | 1:44 pm
    Some very wealthy person is going to be very happy, when they finally get to use their personal 747-8, after waiting three long years. This week Kirkland-based Greenpoint Technologies announced the roll-out of the first completed 747-8 personal jet, after the detailed interior work that converted it into a luxury aircraft. The 747-8 is Boeing's newest version of its iconic four-engine jumbo jet, which Boeing has been delivering since 1969. While the commercial aircraft carries about 450 paying…
 
  • add this feed to my.Alltop

    South Florida Business News - Local South Florida News | The South Florida Business Journal

  • SEC fine and suspend Boca Raton auditor for violations

    Brian Bandell
    24 Oct 2014 | 1:44 pm
    The Securities and Exchange Commission fined Boca Raton auditor Eliot Berman $15,000 and suspended him from performing accounting for public companies for one year after settling a civil complaint. The regulator accused Berman and his accounting firm, Berman & Co., of violating federal laws that require lead audit partners to periodically rotate off their engagements with public companies. An accountant can't serve as the lead auditor for the same company for more than five consecutive fiscal years. The…
  • The Mall at Wellington Green sold for $341M

    Brian Bandell
    24 Oct 2014 | 1:08 pm
    Starwood Capital Group completed its purchase of the Mall at Wellington Green from Taubman Centers. The Greenwich, Conn.-based company, through affiliate TM Wellington Green Mall, paid $341 million for the 1.27 million-square-foot retail center. The deal included the Nordstrom and City Furniture anchor spaces, but not the buildings owned by Macy's, J.C. Penney and Dillard's. Starwood Capital previously announced that it would acquire the Mall at Wellington Green as part of seven malls it's buying…
  • Public company pays $52M for senior living center

    Brian Bandell
    24 Oct 2014 | 11:53 am
    American Realty Capital Healthcare Trust made its second major acquisition of a senior living center in Palm Beach County in October. An affiliate of the Jenkintown, Pa.-based REIT (NYSE: HCT) called ARHC ALJUPFL01 LLC paid $51.78 million for the Allegro at Abacoa in Jupiter. The seller its part of St. Louis-based Allegro Senior Living and the Love Cos. The facility has 145 units in 160,033 square feet at 1031 Community Drive. It was built on the 6.9-acre site in 2012. Allegro at Abacoa offers…
  • Paradise Bank raises $4.3M in capital for growth

    Brian Bandell
    24 Oct 2014 | 11:05 am
    Paradise Bank wants to place its loans on a bigger piece of paradise after it raised $4.3 million in capital from stock sales in the third quarter. The Boca Raton-based bank, with $322.6 million in assets as of Sept. 30, will be the largest based in Palm Beach County soon. Boca Raton-based 1st United Bank's sale to Valley National Bank will close Nov. 1, leaving Paradise Bank as the biggest local lender. Paradise Bank President President and COO William J. Burke said the capital injection came…
  • 156-room Residence Inn opens in Dania Beach

    Emon Reiser
    24 Oct 2014 | 11:04 am
    Residence Inn by Marriott opened Friday in Dania Beach near the Fort Lauderdale-Hollywood International Airport. The 156-room hotel at 4801 Anglers Ave., Hollywood will add more than 60 new jobs to the area. The $23 million property is managed and developed by Alabama-based LBA Hospitality and owned by Apple Hospitality REIT in Virginia. The hotel was designed by Coral Gables-based Rodriguez Architect Inc. RELATED CONTENT: Hollywood hotel sells for $10M There is 512 square feet of meeting space…
  • add this feed to my.Alltop

    Tampa Business News - Local Tampa News | The Tampa Bay Business Journal

  • Tampa Bay Times: No comment on layoffs

    Ashley Gurbal Kritzer
    24 Oct 2014 | 2:38 pm
    The Tampa Bay Times is staying mum on the progress of the " cost-savings plan" it announced in September. "We are proceeding with our plan to adapt our company's operations, as we announced last month," spokeswoman Jounice Nealy-Brown wrote in an email Friday. "While some staffers have announced their departures publicly, we decline to discuss their personal decisions and further details about our company operations." The Times said that it was cutting salaries by 5 percent and was offering employees…
  • Joe Maddon's partnership in Ava restaurant stays intact

    Eric Snider
    24 Oct 2014 | 1:34 pm
    Joe Maddon may have opted out of his contract with the Tampa Bay Rays, but his partnership in Ava, the new Italian restaurant scheduled open in South Tampa next month, remains unchanged. Ava's principal owner, Michael Stewart, who also owns 717 South across Howard Avenue from Ava (AH-va), confirmed Maddon's continued involvement in the venture. "Joe's going to be at our opening," Stewart said. "We had a nice dinner last night and he's really excited about Ava. He's keeping his house in Tampa. His…
  • South Tampa Tijuana Flats opens Monday

    Eric Snider
    24 Oct 2014 | 11:59 am
    The new Tijuana Flats on Platt Street in South Tampa was mobbed during Friday's lunch hour, in part because the restaurant was giving away food. The fast-casual eatery was doing a friends-and-family run-through. There's quite a bit of anticipation for the return of the Orlando-based chain to the location at Platt and Rome Avenue. The site used to house a franchised Tijuana Flats. When that deal went south, it became a Stacked Burgers, which also failed. On Monday at 11 a.m., the new, corporate-owned…
  • Maddon's Tampa Bay tenure by the numbers

    Chris Wilkerson
    24 Oct 2014 | 11:49 am
    Joe Maddon ended his tenure in Tampa Bay on Friday by opting out of the final year of his contract with the Tampa Bay Rays. Here's a look at his time here by the numbers. 8 seasons, 1,297 games 1 American League pennant – Tampa Bay's only one. .522 winning percentage (highest in history as a Rays manager), .413 playoff winning percentage $1.76 million – Amount paid for his house on Bayshore in 2012 $30,000 – As part of his annual Thanksmas project, Maddon and crew gave $7,500 each to Salvation…
  • First look: NYC-bred Del Frisco's Grille set to open next week in Tampa

    Eric Snider
    24 Oct 2014 | 11:34 am
    Founded in Rockefeller Center in the heart of New York City, the upscale casual Del Frisco's Grille opens Nov. 1 on Boy Scout Boulevard's restaurant row. The place was a hive of activity Friday, with workers finishing the buildout, landscapers manicuring the grounds and staff in training. The eatery's ace-in-the-hole, if you will, is a spacious rooftop lounge that can accommodate about 100. Click through the photo gallery for a sneak peek inside. General Manager Beth Weisman said Del Frisco's employs…
  • add this feed to my.Alltop

    Washington, D.C. Business News - Local Washington, D.C. News | The Washington Business Journal

  • D.C. health officials monitoring local doctors serving in Ebola-impacted countries

    Tina Reed
    24 Oct 2014 | 1:57 pm
    The District Department of Health has been in contact with officials in New York City after a doctor there was diagnosed with Ebola, Director Dr. Joxel Garcia said during a hearing Friday. Garcia, testifying in a hearing held by D.C. Councilwoman Yvette Alexander, D-Ward 7 — who chairs the D.C. Council's Health Committee — said health officials are aware of some District-licensed doctors supporting efforts to curb the Ebola epidemic in Africa and are working to identify any other health workers…
  • Pepco plans 'dynamic' substation for Buzzard Point, block from soccer stadium site

    Michael Neibauer
    24 Oct 2014 | 1:54 pm
    "Dynamic" and "substation" are two words rarely seen in the same sentence. But that's how Pepco describes the facility it is bidding to building at Buzzard Point, immediately north of the proposed D.C. United stadium site. Pepco is seeking approvals from the District on multiple fronts to construct a large substation on a 4-acre square bounded by Q Street SW, First Street, R Street and Second Street, in addition to four underground transmission circuits. The site contains several buildings, including…
  • District hospitals say they're prepared to respond to Ebola, but questions linger about equipment (Video)

    Tina Reed
    24 Oct 2014 | 12:03 pm
    Officials from every District hospital say they've distributed information, held training drills for staff and designated teams that could safely care for any cases of Ebola. But questions were raised Friday at a hearing held by D.C. Councilwoman Yvette Alexander, D-Ward 7, about whether there is enough proper equipment to do so. Health department officials said they felt confident in the response, particularly considering the isolated nature of cases in the U.S. so far and how difficult it is to…
  • CareFirst's exchange prices aren't the cheapest anymore, but Chet Burrell isn't worried

    Sarah Gantz
    24 Oct 2014 | 11:53 am
    CareFirst BlueCross BlueShield won't have the lowest prices when Maryland's online insurance marketplace opens for business Nov. 15. But CEO Chet Burrell isn't worried. He thinks CareFirst's prices are right — or at least closer to right than the insurer's competitors. Chet Burrell is a member of the Washington Business Journal Power 100. See who else made the list. Insurers determine premium prices by estimating how much they think it will cost to care for those members. Last year, nearly…
  • Two Washington CEOs on list of world’s best

    Jeff Clabaugh
    24 Oct 2014 | 11:43 am
    Harvard Business Review has compiled a list of what it calls The Best-Performing CEOs in the World, and two at the helm of Washington-area companies make the top 100 list. H. Lawrence Culp Jr., chief executive of D.C.-based conglomerate Danaher Corp. ranks No. 38 on the list. Silver Spring-based Discovery Communications Inc. CEO David Zaslav ranks No. 77. The top CEO on the list certainly has a Washington connection now. Amazon founder and chief executive Jeff Bezos, who bought the Washington Post…
 
  • add this feed to my.Alltop

    Wichita Business News - Local Wichita News | The Wichita Business Journal

  • Tax lien, bankruptcy snapshot suggests economic improvement in Wichita

    Emily Behlmann
    24 Oct 2014 | 12:50 pm
    The number of federal tax liens filed against Wichita area businesses continues to decline. The WBJ's parent company, American City Business Journals, collects tax lien, bankruptcy and other data for the Leads section of our weekly edition. They compiled some second-quarter statistics for us as a measure of how these metrics are trending. The number of tax liens in Wichita has been delining steadily. In the second quarter of 2014, 50 were filed, compared with 59 in the same period last year. Second-quarter…
  • Tad Sticker named Ambassador Hotel GM

    Josh Heck
    24 Oct 2014 | 12:43 pm
    Hotel developer Paul Coury has selected Tad Stricker as the general manager of the Ambassador Hotel Wichita. Stricker has spent the past year as the director of operations for AG Hospitality in Wichita. He came back to Wichita after working at hotels in Illinois for five years. Stricker spent nearly years as the general manager of the Courtyard by Marriott-Wichita at Old Town before that. He replaces Sheila Cole as the Ambassador's general manager. The hotel is located at the corner of Douglas…
  • Stoney Pointe Apartments developer preps for start of second building near K-96, Greenwich

    Josh Heck
    24 Oct 2014 | 12:40 pm
    With one building nearly complete, the developer of the Stoney Pointe Apartments in northeast Wichita is progressing with plans for another. Edward Rose & Sons, based in Kalamazoo, Mich., is developing a 436-unit apartment complex near 29th Street North and Greenwich, north of Highway K-96. The apartment buildings are being constructed in phases. Construction director Tom Wheatley says work on the first building, which has 36 one- and two-bedroom apartments, should be finished in the first quarter…
  • Waterfront development bustling with commercial activity

    Josh Heck
    24 Oct 2014 | 11:53 am
    Those involved with the Waterfront development can't help but be pleased with the recent influx of commercial activity in that area. The Waterfront and Waterfront Plaza developments near 13th Street North and Webb Road are bustling with new construction projects and leases. The list of projects seems to grow by the week. I asked Stephen Clark II, vice president of Clark Investment Group, a partner in the Waterfront developments, for an update this week on the recent goings on and was provided…
  • NBAA drew more than 26,000 attendees

    Daniel McCoy
    24 Oct 2014 | 11:43 am
    The National Business Aviation Association has wrapped up its annual convention in Orlando, and the overall feel of the industry in its wake is a positive one. NBAA President Ed Bolen recapped the event in this report from the organization as "an enormous success" and "one for the record books." The event drew more than 26,000 attendees, up from the 25,425 counted at NBAA 2013 in Las Vegas. In all, attendees represented 49 U.S. states and 95 countries. The 2014 convention also included about…
Log in