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  • Barberio talks about the rewards and tribulations of being an angel investor in Buffalo

    National Business News - Local Business News | bizjournals
    Dan Miner
    23 Nov 2014 | 11:22 pm
    Mark Barberio definitely has a plan. His model: You spend a few years getting educated, from 20 to 30 years earninga living and then the rest of your life giving back. Having been hugely successful in the first two segments of that model, it's time for the third. Barberio's "retirement" involves starting a foundation and a consulting business, teaching classes at the University at Buffalo and Rochester Institute of Technology and becoming an angel investor with a focus on Buffalo- and Rochester-based…
  • Zizzo Group open house includes some big news: Slideshow

    Business News from the Midwest - bizjournals.com
    Mark Sabljak
    23 Nov 2014 | 6:51 pm
    When Anne Zizzo moved her offices for Zizzo Group from West Wisconsin Avenue in downtown Milwaukee to the 3rd Ward, she found a space that she expected would be open to gatherings of all types. And in the nearly one year since moving in, that's been true, with committees, brainstorming sessions and even a town hall meeting with Wisconsin Gov. Scott Walker. On Nov. 20, she hosted an open house and more than 200 people, including clients, friends and family, easily mingled, drank and ate. Check out…
  • Nordstrom nixes big semi-annual sales

    Bizjournals.com Northwest RSS Feed
    Rachel Lerman
    21 Nov 2014 | 2:46 pm
    Nordstrom has nixed its four big half-yearly sales in favor of six clearance sales each year, to be set around the holidays. The retailer quietly announced the big shift on the FAQ page on its website. The six clearance sales will be storewide, rather than broken up by specific department, as the half-yearly sales were. The big July Anniversary Sale will remain unchanged. The move comes at a time when Nordstrom is at the front of the retail pack. While big retailers like J.C. Penney and Macy's…
  • San Jose floats fee break to attract new office tower — is it enough?

    Business News from Southwest US - bizjournals.com
    Nathan Donato-Weinstein
    23 Nov 2014 | 6:45 pm
    A couple of years ago, the city of San Jose cut fees for developers of high-rise housing projects. Fast forward, and two towers are under construction with more on the way. Now city officials want to try the same thing, but for commercial towers. Or rather, one tower. "It's for whoever gets in the door first," said Nanci Klein, assistant director of economic development. A proposal to be heard at the Dec. 2 city council meeting would eliminate construction tax for the first commercial high-rise…
  • Barberio talks about the rewards and tribulations of being an angel investor in Buffalo

    Business News from the Northeast US - bizjournals
    Dan Miner
    23 Nov 2014 | 11:22 pm
    Mark Barberio definitely has a plan. His model: You spend a few years getting educated, from 20 to 30 years earninga living and then the rest of your life giving back. Having been hugely successful in the first two segments of that model, it's time for the third. Barberio's "retirement" involves starting a foundation and a consulting business, teaching classes at the University at Buffalo and Rochester Institute of Technology and becoming an angel investor with a focus on Buffalo- and Rochester-based…
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    National Business News - Local Business News | bizjournals

  • Barberio talks about the rewards and tribulations of being an angel investor in Buffalo

    Dan Miner
    23 Nov 2014 | 11:22 pm
    Mark Barberio definitely has a plan. His model: You spend a few years getting educated, from 20 to 30 years earninga living and then the rest of your life giving back. Having been hugely successful in the first two segments of that model, it's time for the third. Barberio's "retirement" involves starting a foundation and a consulting business, teaching classes at the University at Buffalo and Rochester Institute of Technology and becoming an angel investor with a focus on Buffalo- and Rochester-based…
  • Daemen’s visual effects program struggles to attract students

    Dan Miner
    23 Nov 2014 | 10:11 pm
    Daemen College's year-old certificate program in visual effects has been a hit amongst industry employers, with state-of-the-art facilities and a hands-on training program that has few rivals. Empire Visual Effects is hiring many of the Daemen students who graduate and is hungry for more. Everything about the arrangement, supported by a $4.5 million state grant that's part of Gov. Andrew Cuomo's "Buffalo Billion" initiative, has been working great. Except for one big thing: There are barely any…
  • Anonymous messaging app Yik Yak raises a reported $62M

    Urvaksh Karkaria
    23 Nov 2014 | 9:13 pm
    Atlanta-based anonymous messaging service YiK Yak has raised a reported $62 million, even as it battles a lawsuit filed by a former fraternity brother who claims he is a co-founder of the fast-growing startup. The round was raised by Sequoia Capital, the Wall Street Journal reported, citing people familiar with the deal. Yik Yak's valuation is said to be in the low hundreds of millions of dollars, the WSJ noted. In June, Yik Yak raised $10 million in a Series A by Silicon Valley venture capitalist…
  • Google: Bostonians searching for My Little Pony, maple bacon chips this holiday season

    David Harris
    23 Nov 2014 | 9:01 pm
    Google (Nasdaq: GOOG) said Monday that Bostonians like searching the web for tablets and e-readers, L.L. Bean boots, Longchamp bags and My Little Pony. The Menlo Park, Calif.-based tech giant said it analyzed Google search trends and polled shoppers using its own survey tools. According to the company, these are the top trending gifts in Boston this year: 1. Tablets and e-­readers 2. L.L. Bean boots ­ 3. Longchamp bags 4. My Little Pony 5. Waltham watches The company, which launched its…
  • Women to watch this week: Nov. 24 - 30

    Mary Johnson
    23 Nov 2014 | 8:03 pm
    Meg Whitman: While many of us will be ducking out early this week, the HP CEO's got a busy schedule before Thanksgiving. The company is announcing its quarterly earnings Tuesday, and investors are hoping to get more info on the planned split that will carve the company into what Whitman hopes will become "two big Fortune 50 companies." The company has also announced its entrance into the 3D printing business since the last earnings announcement. Those would all make for very interesting topics of…
 
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    Business News from the Midwest - bizjournals.com

  • Zizzo Group open house includes some big news: Slideshow

    Mark Sabljak
    23 Nov 2014 | 6:51 pm
    When Anne Zizzo moved her offices for Zizzo Group from West Wisconsin Avenue in downtown Milwaukee to the 3rd Ward, she found a space that she expected would be open to gatherings of all types. And in the nearly one year since moving in, that's been true, with committees, brainstorming sessions and even a town hall meeting with Wisconsin Gov. Scott Walker. On Nov. 20, she hosted an open house and more than 200 people, including clients, friends and family, easily mingled, drank and ate. Check out…
  • Gorman, Maures, Cardinal among developers competing for library projects

    Sean Ryan
    23 Nov 2014 | 4:00 pm
    The city of Milwaukee received several affordable housing proposals for two library branches that will be sold for redevelopment. Also this week, we have details on a new office building that could kick off the redevelopment of Loomis Crossing in Greenfield. The Milwaukee Public Library is reviewing proposals for several companies to buy and redevelop the Forest Home and Mill Road library branches. In both cases, developers would reserve space in their projects for new, more modern first-floor…
  • See inside: Dave Burk’s Rock Island Lofts

    Josh Heck
    22 Nov 2014 | 6:52 am
    The latest apartment project for Old Town developer Dave Burk is now open. The first residents of the Rock Island Lofts moved in last weekend. Nebraska-based Perry Reid Properties is the management company responsible for the Rock Island Lofts, which are at 143 N. Rock Island. Rock Island Lofts has eight apartments, six of which are two stories. The other two are one-story apartments. Burk offered the Wichita Business Journal a tour of the facility this week. The attached slideshow gives a look…
  • Guide to Black Friday: Malls, department stores and more in the Milwaukee area

    Alison Bauter
    22 Nov 2014 | 6:00 am
    This year's holiday shopping season starts in earnest Friday, or ... is it Thursday? Either way, the Milwaukee Business Journal has your definitive guide to hours and special offerings from malls around the Milwaukee area, plus our biggest department stores. Thanksgiving Day is Nov. 27, and Black Friday falls on Nov. 28 this year. Click the name to jump to each outlet's website and learn more about special promotions, hours and other information. If a can't-miss opening isn't on the list, email…
  • Jefferson County nurse still Ebola-free, to be released

    Diana Barr
    21 Nov 2014 | 4:19 pm
    The condition of a patient being monitored at Mercy Hospital Jefferson in Crystal City for possible infection with the Ebola virus has continued to improve, Jefferson County health officials said late Friday. Further lab test results for the patient, a female nurse who recently returned from West Africa, are still negative for the virus, officials said. Preliminary tests Thursday had also been negative. Local, state and federal medical officials have agreed that the patient is well enough to be…
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    Bizjournals.com Northwest RSS Feed

  • Nordstrom nixes big semi-annual sales

    Rachel Lerman
    21 Nov 2014 | 2:46 pm
    Nordstrom has nixed its four big half-yearly sales in favor of six clearance sales each year, to be set around the holidays. The retailer quietly announced the big shift on the FAQ page on its website. The six clearance sales will be storewide, rather than broken up by specific department, as the half-yearly sales were. The big July Anniversary Sale will remain unchanged. The move comes at a time when Nordstrom is at the front of the retail pack. While big retailers like J.C. Penney and Macy's…
  • List Leaders: Meet Oregon's top 5 highest-revenue hospitals

    Brandon Sawyer
    21 Nov 2014 | 2:44 pm
    Net revenues and operating expenses are both on the rise at hospitals across the state, but according to the 2014 Oregon Community Hospital Report, the difference between those figures — operating margin — is on average the lowest it's been since 2008: just 3.6 percent. Per the report by Apprise Health Insights, a subsidiary of Oregon Association of Hospitals & Health Systems: "Large, urban hospitals, paid under DRG reimbursement, had a better average operating margin, 4.44 percent in 2013,…
  • NASA extends space contract with Bezos' Blue Origin, Boeing

    Sarah Aitchison
    21 Nov 2014 | 2:16 pm
    NASA will extend its contract with Boeing and Kent-based Blue Origin, NASA announced last week. The extensions are good news. It means NASA is happy with the contracted companies progress under the organization's Commercial Crew Program. The extension also applies to the Nevada-based Sierra Nevada Corporation and Elon Musk's California-based SpaceX. As part of the contract, Blue Origin's team of more than 300 will work to complete three more development milestones without funding from NASA, Blue…
  • Price of Addiction: Is this newly approved pain pill actually smarter?

    Elizabeth Hayes
    21 Nov 2014 | 2:15 pm
    The U.S. Food & Drug Administration on Thursday approved a "smart" opioid prescription painkiller that is supposed to be more difficult to abuse. Hysingla ER is an extended-release hydrocodone tablet that's difficult to crush, break or dissolve, and therefore, harder to snort or inject. The approval comes at a time that prescription opioid abuse has reached epidemic levels in Oregon and across the U.S. Price of addiction: Read more stories in our series. Dr. David Russo, a pain management…
  • In $7B quest, Nike opens a women's-only retail store

    Matthew Kish
    21 Nov 2014 | 2:10 pm
    Nike this week opened a California retail location that exclusively serves female customers. The company plans to open another women's-only store this month in China. The new store 6,000-square-foot store is in Newport Beach, California. It features numerous Nike products for women including running, training and sportswear as well as an in-store fitness studio. The studio is a first in a U.S. Nike retail store. Women's sportswear is a key industry battleground. Under Armour also is ramping up…
 
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    Business News from Southwest US - bizjournals.com

  • San Jose floats fee break to attract new office tower — is it enough?

    Nathan Donato-Weinstein
    23 Nov 2014 | 6:45 pm
    A couple of years ago, the city of San Jose cut fees for developers of high-rise housing projects. Fast forward, and two towers are under construction with more on the way. Now city officials want to try the same thing, but for commercial towers. Or rather, one tower. "It's for whoever gets in the door first," said Nanci Klein, assistant director of economic development. A proposal to be heard at the Dec. 2 city council meeting would eliminate construction tax for the first commercial high-rise…
  • 18-story Milpitas tower to rise after Asian investor buys project site

    Nathan Donato-Weinstein
    23 Nov 2014 | 6:13 pm
    A Southern California investment firm has bought a fully approved development site in Milpitas, where it plans to build what would by far be the city's tallest building: an 18-story residential tower rising some 277 feet high. Singpoli Group paid $21 million for the three-acre site at 600 Barber Lane, a former Chevrolet dealership tucked between two Asian-themed shopping centers and behind a clutch of Cisco Systems Inc. buildings. "Look at what's around it — within walking distance, there's a…
  • Danny Hendon pleads guilty in immigration case, gets prison

    Mike Sunnucks
    23 Nov 2014 | 3:54 pm
    Danny's Family Car Wash owner and Paradise Valley businessman Danny Hendon has been sentenced to a year in federal prison, another year of home arrest and has to sell his car wash chain after pleading guilty to knowingly employing unauthorized immigrants. Hendon, 64, also has to pay a $156,000 fine. Prosecutors alleged Hendon and Danny's managers hired undocumented immigrants and then rehired them again with fake identification after an initial federal investigation. Hendon has been a prominent…
  • Arizona students creating 42-story rotating replica of Earth to be built in south-central Arizona

    Angela Gonzales
    23 Nov 2014 | 3:49 pm
    Bryan Beaulieu, a mechanical engineer who teaches at the East Valley Institute of Technology, is leading a project to create a 42-story rotating replica of the earth that eventually will be built in south-central Arizona as an educational tourist attraction. The globe's surface will be made of more than 10 million 4-inch triangular tiles that detail every natural and man-made feature that is higher than 30 feet off the ground. He is recruiting students from Arizona and around the world to help him. Makayla…
  • DBJ Dine-N-Drink Madness: Final day to vote for Colorado's best food or beverage brand (Slideshow)

    Caitlin Hendee
    23 Nov 2014 | 9:41 am
    Weeks of head-to-head battles and nearly 16,000 votes later, it's the finishing lap for the two brands who came out on top as division winners in Dine-N-Drink Madness. And of the more than 1,600 votes that have come in for the championship round alone, one thing is abundantly clear: It's still anyone's game. As it stands Sunday morning, LaMar's Donuts & Coffee, the division winner for the food brands, has 47.4 percent of the votes. Beverage brand winner Avery Brewing Co. holds the lead with 52.6…
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    Business News from the Northeast US - bizjournals

  • Barberio talks about the rewards and tribulations of being an angel investor in Buffalo

    Dan Miner
    23 Nov 2014 | 11:22 pm
    Mark Barberio definitely has a plan. His model: You spend a few years getting educated, from 20 to 30 years earninga living and then the rest of your life giving back. Having been hugely successful in the first two segments of that model, it's time for the third. Barberio's "retirement" involves starting a foundation and a consulting business, teaching classes at the University at Buffalo and Rochester Institute of Technology and becoming an angel investor with a focus on Buffalo- and Rochester-based…
  • Daemen’s visual effects program struggles to attract students

    Dan Miner
    23 Nov 2014 | 10:11 pm
    Daemen College's year-old certificate program in visual effects has been a hit amongst industry employers, with state-of-the-art facilities and a hands-on training program that has few rivals. Empire Visual Effects is hiring many of the Daemen students who graduate and is hungry for more. Everything about the arrangement, supported by a $4.5 million state grant that's part of Gov. Andrew Cuomo's "Buffalo Billion" initiative, has been working great. Except for one big thing: There are barely any…
  • Google: Bostonians searching for My Little Pony, maple bacon chips this holiday season

    David Harris
    23 Nov 2014 | 9:01 pm
    Google (Nasdaq: GOOG) said Monday that Bostonians like searching the web for tablets and e-readers, L.L. Bean boots, Longchamp bags and My Little Pony. The Menlo Park, Calif.-based tech giant said it analyzed Google search trends and polled shoppers using its own survey tools. According to the company, these are the top trending gifts in Boston this year: 1. Tablets and e-­readers 2. L.L. Bean boots ­ 3. Longchamp bags 4. My Little Pony 5. Waltham watches The company, which launched its…
  • FDIC says branch banking declining slightly but not going away

    Mark Holan
    23 Nov 2014 | 5:07 pm
    Bricks and mortar bank branches appear likely to survive further into the 21st century. Though the number of branches has dropped off since the Great Recession, there were 94,725 branches nationwide through June, according to an upcoming report by the Federal Deposit Insurance Corp. (There are 425,000 ATMs in the U.S., many right outside those branches.) "The demise of branch banking has been somewhat exaggerated," FDIC economist Richard Brown told agency's Advisory Committee on Community Banking. The…
  • Exxon Mobil Corp.'s chemical company will get a new president in 2015

    Nicholas Sakelaris
    23 Nov 2014 | 3:33 pm
    Stephen Pryor will retire at the end of the year as president of the ExxonMobil Chemical Co. and vice president of Exxon Mobil Corp. He's been with the Irving-based company and it's predecessor, Mobil, for 44 years, working everywhere from Cyprus and the United Kingdom to New Zealand and Asia. Pryor, 64, joined Exxon in 1971. The New York City native earned a bachelor's degree in biology from Lafayette College and a master's degree in business administration from Harvard Uniersity. Exxon's board…
 
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    Business News from Southeast US - bizjournals.com

  • Anonymous messaging app Yik Yak raises a reported $62M

    Urvaksh Karkaria
    23 Nov 2014 | 9:13 pm
    Atlanta-based anonymous messaging service YiK Yak has raised a reported $62 million, even as it battles a lawsuit filed by a former fraternity brother who claims he is a co-founder of the fast-growing startup. The round was raised by Sequoia Capital, the Wall Street Journal reported, citing people familiar with the deal. Yik Yak's valuation is said to be in the low hundreds of millions of dollars, the WSJ noted. In June, Yik Yak raised $10 million in a Series A by Silicon Valley venture capitalist…
  • Legal and Public Notices - November 21, 2014

    South Florida Business Journal Legal Notices
    23 Nov 2014 | 4:12 pm
    ALL COUNTY TOWING P.O. BOX 878, FT. LAUDERDALE, FL 33302 (954) 564-0486 OFFICE NOTICE OF SALE The following automobiles will be sold at public auction per Fla. Statute 713.78/715.07 for charges due at 10:00 am on December 8, 2014, at All County Towing, 520 Nw 7 St., Ft. Lauderdale, Fl. 33311 Year Make Vehicle Identification Number 2007 Chevrolet 1G1AK55F977233720 2001 Cadillac 1G6KE57Y31U122240 2003 Ford 1FTRE14203HB27198 2004 Hyundai KMHWF25S24A007915 2002 Suzuki JS2RC41H025103506 2007…
  • Legal and Public Notices - November 14, 2014

    South Florida Business Journal Legal Notices
    23 Nov 2014 | 4:02 pm
    NOTICE OF SALE PUBLIC STORAGE, INC. NOTICE IS HEREBY GIVEN that PS ORANGECO, INC. intends to sell at the following locations the personal property described below to enforce a lien imposed on said property under The Florida Self Storage Facility Act Statutes (Section: 83.801-83.809) PERSONAL PROPERTY CONSISTING of items used around the garage or in or outside the home or workplace, clothing, dishes, glassware, furniture, and other misc. items. Purchases must be paid for all the point of sale…
  • Former Charlotte mayor calls for action in Congress

    Erik Spanberg
    23 Nov 2014 | 2:45 pm
    Welcome to AASHTO, land of transportation acronyms and acolytes. As in the American Association of State Highway and Transportation Officials, a Washington-based trade group. Clunky, did you say clunky? I ask you: What rolls off the tongue better than American Association of State Highway and Transportation Officials? Whenever AASHTO, the Lollapalooza of transportation conferences, is in the neighborhood, make it a priority. This weekend, Charlotte hosted the annual conference, which — follow…
  • Franklin-based MedSolutions set to sell in nearly $1B deal

    Eleanor Kennedy
    21 Nov 2014 | 3:30 pm
    MedSolutions, an 1,100-person health care company based in Franklin and one of the region's largest private employers, is selling to South Carolina-based CareCore National. Earlier this month, Moody's Investors Services affirmed ratings for the companies following MedSolutions' definitive agreement to be bought by CareCore National LLC, which is backed by General Atlantic LLC. Sources familiar with the deal have estimated its value at between $800 million and $1 billion. Late last week, a spokeswoman…
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    Accounting News - Accounting News Headlines | Bizjournals.com

  • Barberio talks about the rewards and tribulations of being an angel investor in Buffalo

    Dan Miner
    23 Nov 2014 | 11:22 pm
    Mark Barberio definitely has a plan. His model: You spend a few years getting educated, from 20 to 30 years earninga living and then the rest of your life giving back. Having been hugely successful in the first two segments of that model, it's time for the third. Barberio's "retirement" involves starting a foundation and a consulting business, teaching classes at the University at Buffalo and Rochester Institute of Technology and becoming an angel investor with a focus on Buffalo- and Rochester-based…
  • Daemen’s visual effects program struggles to attract students

    Dan Miner
    23 Nov 2014 | 10:11 pm
    Daemen College's year-old certificate program in visual effects has been a hit amongst industry employers, with state-of-the-art facilities and a hands-on training program that has few rivals. Empire Visual Effects is hiring many of the Daemen students who graduate and is hungry for more. Everything about the arrangement, supported by a $4.5 million state grant that's part of Gov. Andrew Cuomo's "Buffalo Billion" initiative, has been working great. Except for one big thing: There are barely any…
  • Anonymous messaging app Yik Yak raises a reported $62M

    Urvaksh Karkaria
    23 Nov 2014 | 9:13 pm
    Atlanta-based anonymous messaging service YiK Yak has raised a reported $62 million, even as it battles a lawsuit filed by a former fraternity brother who claims he is a co-founder of the fast-growing startup. The round was raised by Sequoia Capital, the Wall Street Journal reported, citing people familiar with the deal. Yik Yak's valuation is said to be in the low hundreds of millions of dollars, the WSJ noted. In June, Yik Yak raised $10 million in a Series A by Silicon Valley venture capitalist…
  • Google: Bostonians searching for My Little Pony, maple bacon chips this holiday season

    David Harris
    23 Nov 2014 | 9:01 pm
    Google (Nasdaq: GOOG) said Monday that Bostonians like searching the web for tablets and e-readers, L.L. Bean boots, Longchamp bags and My Little Pony. The Menlo Park, Calif.-based tech giant said it analyzed Google search trends and polled shoppers using its own survey tools. According to the company, these are the top trending gifts in Boston this year: 1. Tablets and e-­readers 2. L.L. Bean boots ­ 3. Longchamp bags 4. My Little Pony 5. Waltham watches The company, which launched its…
  • Women to watch this week: Nov. 24 - 30

    Mary Johnson
    23 Nov 2014 | 8:03 pm
    Meg Whitman: While many of us will be ducking out early this week, the HP CEO's got a busy schedule before Thanksgiving. The company is announcing its quarterly earnings Tuesday, and investors are hoping to get more info on the planned split that will carve the company into what Whitman hopes will become "two big Fortune 50 companies." The company has also announced its entrance into the 3D printing business since the last earnings announcement. Those would all make for very interesting topics of…
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    Agriculture News - Agriculture News Headlines | Bizjournals.com

  • Barberio talks about the rewards and tribulations of being an angel investor in Buffalo

    Dan Miner
    23 Nov 2014 | 11:22 pm
    Mark Barberio definitely has a plan. His model: You spend a few years getting educated, from 20 to 30 years earninga living and then the rest of your life giving back. Having been hugely successful in the first two segments of that model, it's time for the third. Barberio's "retirement" involves starting a foundation and a consulting business, teaching classes at the University at Buffalo and Rochester Institute of Technology and becoming an angel investor with a focus on Buffalo- and Rochester-based…
  • Daemen’s visual effects program struggles to attract students

    Dan Miner
    23 Nov 2014 | 10:11 pm
    Daemen College's year-old certificate program in visual effects has been a hit amongst industry employers, with state-of-the-art facilities and a hands-on training program that has few rivals. Empire Visual Effects is hiring many of the Daemen students who graduate and is hungry for more. Everything about the arrangement, supported by a $4.5 million state grant that's part of Gov. Andrew Cuomo's "Buffalo Billion" initiative, has been working great. Except for one big thing: There are barely any…
  • Anonymous messaging app Yik Yak raises a reported $62M

    Urvaksh Karkaria
    23 Nov 2014 | 9:13 pm
    Atlanta-based anonymous messaging service YiK Yak has raised a reported $62 million, even as it battles a lawsuit filed by a former fraternity brother who claims he is a co-founder of the fast-growing startup. The round was raised by Sequoia Capital, the Wall Street Journal reported, citing people familiar with the deal. Yik Yak's valuation is said to be in the low hundreds of millions of dollars, the WSJ noted. In June, Yik Yak raised $10 million in a Series A by Silicon Valley venture capitalist…
  • Google: Bostonians searching for My Little Pony, maple bacon chips this holiday season

    David Harris
    23 Nov 2014 | 9:01 pm
    Google (Nasdaq: GOOG) said Monday that Bostonians like searching the web for tablets and e-readers, L.L. Bean boots, Longchamp bags and My Little Pony. The Menlo Park, Calif.-based tech giant said it analyzed Google search trends and polled shoppers using its own survey tools. According to the company, these are the top trending gifts in Boston this year: 1. Tablets and e-­readers 2. L.L. Bean boots ­ 3. Longchamp bags 4. My Little Pony 5. Waltham watches The company, which launched its…
  • Women to watch this week: Nov. 24 - 30

    Mary Johnson
    23 Nov 2014 | 8:03 pm
    Meg Whitman: While many of us will be ducking out early this week, the HP CEO's got a busy schedule before Thanksgiving. The company is announcing its quarterly earnings Tuesday, and investors are hoping to get more info on the planned split that will carve the company into what Whitman hopes will become "two big Fortune 50 companies." The company has also announced its entrance into the 3D printing business since the last earnings announcement. Those would all make for very interesting topics of…
 
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    Banking & Financial News - Banking & Financial News Headlines | Bizjournals.com

  • Anonymous messaging app Yik Yak raises a reported $62M

    Urvaksh Karkaria
    23 Nov 2014 | 9:13 pm
    Atlanta-based anonymous messaging service YiK Yak has raised a reported $62 million, even as it battles a lawsuit filed by a former fraternity brother who claims he is a co-founder of the fast-growing startup. The round was raised by Sequoia Capital, the Wall Street Journal reported, citing people familiar with the deal. Yik Yak's valuation is said to be in the low hundreds of millions of dollars, the WSJ noted. In June, Yik Yak raised $10 million in a Series A by Silicon Valley venture capitalist…
  • American Savings Bank to build a new headquarters near Downtown Honolulu

    Duane Shimogawa
    23 Nov 2014 | 6:01 pm
    American Savings Bank plans to build a new corporate campus near Downtown Honolulu that will serve as its new Hawaii headquarters, bringing together 600 of its employees from around the island, including its top executives, in a 100,000-square-foot building, the company's top executives told PBN. The Honolulu-based bank, which is a subsidiary of Hawaiian Electric Industries Inc. and sister company to Hawaiian Electric Co., is buying the 62,595-square-foot parcel at 230 N. Beretania St., just outside…
  • FDIC says branch banking declining slightly but not going away

    Mark Holan
    23 Nov 2014 | 5:07 pm
    Bricks and mortar bank branches appear likely to survive further into the 21st century. Though the number of branches has dropped off since the Great Recession, there were 94,725 branches nationwide through June, according to an upcoming report by the Federal Deposit Insurance Corp. (There are 425,000 ATMs in the U.S., many right outside those branches.) "The demise of branch banking has been somewhat exaggerated," FDIC economist Richard Brown told agency's Advisory Committee on Community Banking. The…
  • Legal and Public Notices - November 21, 2014

    South Florida Business Journal Legal Notices
    23 Nov 2014 | 4:12 pm
    ALL COUNTY TOWING P.O. BOX 878, FT. LAUDERDALE, FL 33302 (954) 564-0486 OFFICE NOTICE OF SALE The following automobiles will be sold at public auction per Fla. Statute 713.78/715.07 for charges due at 10:00 am on December 8, 2014, at All County Towing, 520 Nw 7 St., Ft. Lauderdale, Fl. 33311 Year Make Vehicle Identification Number 2007 Chevrolet 1G1AK55F977233720 2001 Cadillac 1G6KE57Y31U122240 2003 Ford 1FTRE14203HB27198 2004 Hyundai KMHWF25S24A007915 2002 Suzuki JS2RC41H025103506 2007…
  • Aloha Pacific Federal Credit Union wins PBN's 2014 Book of Lists Brand Madness

    A. Kam Napier
    21 Nov 2014 | 4:54 pm
    And so ... the Madness ends! PBN's 2014 Book of Lists Brand Madness, that is. We started out on September 26 with 64 companies competing for your affection in a series of online polls. Eight weeks, dozens of bad puns and tens of thousands of votes later, one company has emerged victorious. Aloha Pacific Federal Credit Union won the final on Friday morning. The credit union scored 52 percent of the vote over Nordic PCL Construction Inc. "That's fantastic!" said Kristopher C. Kono, vice president,…
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    Bankruptcy News - Bankruptcy News Headlines | Bizjournals.com

  • Barberio talks about the rewards and tribulations of being an angel investor in Buffalo

    Dan Miner
    23 Nov 2014 | 11:22 pm
    Mark Barberio definitely has a plan. His model: You spend a few years getting educated, from 20 to 30 years earninga living and then the rest of your life giving back. Having been hugely successful in the first two segments of that model, it's time for the third. Barberio's "retirement" involves starting a foundation and a consulting business, teaching classes at the University at Buffalo and Rochester Institute of Technology and becoming an angel investor with a focus on Buffalo- and Rochester-based…
  • Daemen’s visual effects program struggles to attract students

    Dan Miner
    23 Nov 2014 | 10:11 pm
    Daemen College's year-old certificate program in visual effects has been a hit amongst industry employers, with state-of-the-art facilities and a hands-on training program that has few rivals. Empire Visual Effects is hiring many of the Daemen students who graduate and is hungry for more. Everything about the arrangement, supported by a $4.5 million state grant that's part of Gov. Andrew Cuomo's "Buffalo Billion" initiative, has been working great. Except for one big thing: There are barely any…
  • Anonymous messaging app Yik Yak raises a reported $62M

    Urvaksh Karkaria
    23 Nov 2014 | 9:13 pm
    Atlanta-based anonymous messaging service YiK Yak has raised a reported $62 million, even as it battles a lawsuit filed by a former fraternity brother who claims he is a co-founder of the fast-growing startup. The round was raised by Sequoia Capital, the Wall Street Journal reported, citing people familiar with the deal. Yik Yak's valuation is said to be in the low hundreds of millions of dollars, the WSJ noted. In June, Yik Yak raised $10 million in a Series A by Silicon Valley venture capitalist…
  • Google: Bostonians searching for My Little Pony, maple bacon chips this holiday season

    David Harris
    23 Nov 2014 | 9:01 pm
    Google (Nasdaq: GOOG) said Monday that Bostonians like searching the web for tablets and e-readers, L.L. Bean boots, Longchamp bags and My Little Pony. The Menlo Park, Calif.-based tech giant said it analyzed Google search trends and polled shoppers using its own survey tools. According to the company, these are the top trending gifts in Boston this year: 1. Tablets and e-­readers 2. L.L. Bean boots ­ 3. Longchamp bags 4. My Little Pony 5. Waltham watches The company, which launched its…
  • Women to watch this week: Nov. 24 - 30

    Mary Johnson
    23 Nov 2014 | 8:03 pm
    Meg Whitman: While many of us will be ducking out early this week, the HP CEO's got a busy schedule before Thanksgiving. The company is announcing its quarterly earnings Tuesday, and investors are hoping to get more info on the planned split that will carve the company into what Whitman hopes will become "two big Fortune 50 companies." The company has also announced its entrance into the 3D printing business since the last earnings announcement. Those would all make for very interesting topics of…
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    Commercial Real Estate Industry News Headlines | Bizjournals.com

  • Zizzo Group open house includes some big news: Slideshow

    Mark Sabljak
    23 Nov 2014 | 6:51 pm
    When Anne Zizzo moved her offices for Zizzo Group from West Wisconsin Avenue in downtown Milwaukee to the 3rd Ward, she found a space that she expected would be open to gatherings of all types. And in the nearly one year since moving in, that's been true, with committees, brainstorming sessions and even a town hall meeting with Wisconsin Gov. Scott Walker. On Nov. 20, she hosted an open house and more than 200 people, including clients, friends and family, easily mingled, drank and ate. Check out…
  • San Jose floats fee break to attract new office tower — is it enough?

    Nathan Donato-Weinstein
    23 Nov 2014 | 6:45 pm
    A couple of years ago, the city of San Jose cut fees for developers of high-rise housing projects. Fast forward, and two towers are under construction with more on the way. Now city officials want to try the same thing, but for commercial towers. Or rather, one tower. "It's for whoever gets in the door first," said Nanci Klein, assistant director of economic development. A proposal to be heard at the Dec. 2 city council meeting would eliminate construction tax for the first commercial high-rise…
  • 18-story Milpitas tower to rise after Asian investor buys project site

    Nathan Donato-Weinstein
    23 Nov 2014 | 6:13 pm
    A Southern California investment firm has bought a fully approved development site in Milpitas, where it plans to build what would by far be the city's tallest building: an 18-story residential tower rising some 277 feet high. Singpoli Group paid $21 million for the three-acre site at 600 Barber Lane, a former Chevrolet dealership tucked between two Asian-themed shopping centers and behind a clutch of Cisco Systems Inc. buildings. "Look at what's around it — within walking distance, there's a…
  • Gorman, Maures, Cardinal among developers competing for library projects

    Sean Ryan
    23 Nov 2014 | 4:00 pm
    The city of Milwaukee received several affordable housing proposals for two library branches that will be sold for redevelopment. Also this week, we have details on a new office building that could kick off the redevelopment of Loomis Crossing in Greenfield. The Milwaukee Public Library is reviewing proposals for several companies to buy and redevelop the Forest Home and Mill Road library branches. In both cases, developers would reserve space in their projects for new, more modern first-floor…
  • Exxon Mobil Corp.'s chemical company will get a new president in 2015

    Nicholas Sakelaris
    23 Nov 2014 | 3:33 pm
    Stephen Pryor will retire at the end of the year as president of the ExxonMobil Chemical Co. and vice president of Exxon Mobil Corp. He's been with the Irving-based company and it's predecessor, Mobil, for 44 years, working everywhere from Cyprus and the United Kingdom to New Zealand and Asia. Pryor, 64, joined Exxon in 1971. The New York City native earned a bachelor's degree in biology from Lafayette College and a master's degree in business administration from Harvard Uniersity. Exxon's board…
 
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    Economic Snapshot News - Economic Snapshot News Headlines | Bizjournals.com

  • Barberio talks about the rewards and tribulations of being an angel investor in Buffalo

    Dan Miner
    23 Nov 2014 | 11:22 pm
    Mark Barberio definitely has a plan. His model: You spend a few years getting educated, from 20 to 30 years earninga living and then the rest of your life giving back. Having been hugely successful in the first two segments of that model, it's time for the third. Barberio's "retirement" involves starting a foundation and a consulting business, teaching classes at the University at Buffalo and Rochester Institute of Technology and becoming an angel investor with a focus on Buffalo- and Rochester-based…
  • Daemen’s visual effects program struggles to attract students

    Dan Miner
    23 Nov 2014 | 10:11 pm
    Daemen College's year-old certificate program in visual effects has been a hit amongst industry employers, with state-of-the-art facilities and a hands-on training program that has few rivals. Empire Visual Effects is hiring many of the Daemen students who graduate and is hungry for more. Everything about the arrangement, supported by a $4.5 million state grant that's part of Gov. Andrew Cuomo's "Buffalo Billion" initiative, has been working great. Except for one big thing: There are barely any…
  • Anonymous messaging app Yik Yak raises a reported $62M

    Urvaksh Karkaria
    23 Nov 2014 | 9:13 pm
    Atlanta-based anonymous messaging service YiK Yak has raised a reported $62 million, even as it battles a lawsuit filed by a former fraternity brother who claims he is a co-founder of the fast-growing startup. The round was raised by Sequoia Capital, the Wall Street Journal reported, citing people familiar with the deal. Yik Yak's valuation is said to be in the low hundreds of millions of dollars, the WSJ noted. In June, Yik Yak raised $10 million in a Series A by Silicon Valley venture capitalist…
  • Google: Bostonians searching for My Little Pony, maple bacon chips this holiday season

    David Harris
    23 Nov 2014 | 9:01 pm
    Google (Nasdaq: GOOG) said Monday that Bostonians like searching the web for tablets and e-readers, L.L. Bean boots, Longchamp bags and My Little Pony. The Menlo Park, Calif.-based tech giant said it analyzed Google search trends and polled shoppers using its own survey tools. According to the company, these are the top trending gifts in Boston this year: 1. Tablets and e-­readers 2. L.L. Bean boots ­ 3. Longchamp bags 4. My Little Pony 5. Waltham watches The company, which launched its…
  • Women to watch this week: Nov. 24 - 30

    Mary Johnson
    23 Nov 2014 | 8:03 pm
    Meg Whitman: While many of us will be ducking out early this week, the HP CEO's got a busy schedule before Thanksgiving. The company is announcing its quarterly earnings Tuesday, and investors are hoping to get more info on the planned split that will carve the company into what Whitman hopes will become "two big Fortune 50 companies." The company has also announced its entrance into the 3D printing business since the last earnings announcement. Those would all make for very interesting topics of…
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    Education News - Education News Headlines | Bizjournals.com

  • Daemen’s visual effects program struggles to attract students

    Dan Miner
    23 Nov 2014 | 10:11 pm
    Daemen College's year-old certificate program in visual effects has been a hit amongst industry employers, with state-of-the-art facilities and a hands-on training program that has few rivals. Empire Visual Effects is hiring many of the Daemen students who graduate and is hungry for more. Everything about the arrangement, supported by a $4.5 million state grant that's part of Gov. Andrew Cuomo's "Buffalo Billion" initiative, has been working great. Except for one big thing: There are barely any…
  • Gorman, Maures, Cardinal among developers competing for library projects

    Sean Ryan
    23 Nov 2014 | 4:00 pm
    The city of Milwaukee received several affordable housing proposals for two library branches that will be sold for redevelopment. Also this week, we have details on a new office building that could kick off the redevelopment of Loomis Crossing in Greenfield. The Milwaukee Public Library is reviewing proposals for several companies to buy and redevelop the Forest Home and Mill Road library branches. In both cases, developers would reserve space in their projects for new, more modern first-floor…
  • The good, bad and ugly of Obamacare for small business

    Bill Hethcock
    21 Nov 2014 | 1:58 pm
    Republican gains in the U.S. Senate could spawn a redefinition of who qualifies as a full-time worker under the Affordable Care Act, reducing the number of companies to which Obamacare applies and the number of employees to whom companies are required to offer health insurance coverage, a specialist on the act said Friday in Dallas. But don't expect wholesale changes to the health care law — at least not anytime soon. Under Republican legislative leadership, the definition of full time could…
  • Obama immigration order looks legal, should be good for business, lawyer says

    Bill Hethcock
    21 Nov 2014 | 12:29 pm
    President Obama's announcement that he will use his executive authority to allow nearly 5 million illegal immigrants to remain in the United States without facing the threat of deportation appears to be legal and should be good for business. That's the view of Huyen Pham, a professor who teaches immigration law at Texas A&M School of Law in Fort Worth. Pham, associate dean for faculty research and development at the new law school, told me in an interview that the executive order should make it…
  • Innovation, entrepreneurship evangelist Reg Kelly to spread gospel throughout UC system

    Ron Leuty
    21 Nov 2014 | 12:07 pm
    Regis Kelly preaches about better ways to translate the University of California's lab research into drugs and tools that can help Californians live healthier longer. Now his congregation is getting bigger. Kelly — the director of the three-campus California Institute for Quantitative Biosciences, or QB3 — on Dec. 1 will join the University of California Office of the President as senior advisor on innovation and entrepreneurship. His initial focus will be to help each of the UC system's 10…
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    Energy & the Environment News - Energy News Headlines | Bizjournals.com

  • ​Top HECO executive retiring in January 2015

    Duane Shimogawa
    23 Nov 2014 | 7:23 pm
    Dan Giovanni, who spent nearly three decades as a consultant or employee at Hawaiian Electric Co., most recently as its senior vice president of operations, is retiring early next year, according to a letter from the company's president and CEO to employees and others that was obtained by PBN. Giovanni, whose last day with HECO is January 9, has a total of 42 years of experience in the electric power industry. Alan Oshima, president and CEO of HECO, said in the letter that Giovanni has been a strong,…
  • Exxon Mobil Corp.'s chemical company will get a new president in 2015

    Nicholas Sakelaris
    23 Nov 2014 | 3:33 pm
    Stephen Pryor will retire at the end of the year as president of the ExxonMobil Chemical Co. and vice president of Exxon Mobil Corp. He's been with the Irving-based company and it's predecessor, Mobil, for 44 years, working everywhere from Cyprus and the United Kingdom to New Zealand and Asia. Pryor, 64, joined Exxon in 1971. The New York City native earned a bachelor's degree in biology from Lafayette College and a master's degree in business administration from Harvard Uniersity. Exxon's board…
  • Exxon Mobil Corp.'s chemical company will get a new president in 2015

    Nicholas Sakelaris
    21 Nov 2014 | 3:39 pm
    Stephen Pryor will retire at the end of the year as president of the ExxonMobil Chemical Co. and vice president of Exxon Mobil Corp. He's been with the Irving-based company and it's predecessor, Mobil, for 44 years, working everywhere from Cyprus and the United Kingdom to New Zealand and Asia. Sign up for the free Energy Inc. Texas newsletter here and get the multistate Who's Who in Energy 2014 publication free. Pryor, 64, joined Exxon in 1971. The New York City native earned a bachelor's degree…
  • CenterPoint CEO touts Houston electricity project moving forward

    Jordan Blum
    21 Nov 2014 | 2:13 pm
    CenterPoint Energy Inc. (NYSE: CNP) President and CEO Scott Prochazka said he is pleased its "Houston Import Project" is moving forward despite continued opposition from two of the region's power generators. Prochazka said the project to provide the Houston-area homes and businesses with more long-term electricity capacity is on track to be built by late 2017 or early 2018 if everything goes as planned now that the Public Utility Commission of Texas has unanimously declined complaints by NRG Energy…
  • Diana Frazier spreads the word about oil and gas careers for women

    Nicholas Sakelaris
    21 Nov 2014 | 2:12 pm
    Diana Frazier will talk oil and gas anytime, anywhere. The president of the Women's Energy Network in North Texas speaks with passion about the industry and the role more women are playing in it. "I truly fell in love with oil and gas," the Texas Christian University graduate said. "It's something that's so important to America to relieve our dependence on foreign hydrocarbons. To be able to a part of bringing things back to America, using American goods and providing American jobs is very important…
 
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    Green News - Green News Headlines | Bizjournals.com

  • Roan Plateau agreement: What they’re saying

    Cathy Proctor
    21 Nov 2014 | 3:02 pm
    The years-long legal battle over oil and gas operations on and around the Roan Plateau in western Colorado was watched closely by the oil and gas industry as well as environmental groups. A settlement agreement was announced Friday allowing some drilling on top of the plateau while canceling federal oil and gas leases on about 90 percent of the plateau, which is prized for its wildlife scenic vistas, and the natural gas locked in its rocks. Here's what some are saying about the agreement: U.S.…
  • Roan Plateau settlement allows some drilling; cancels other leases

    Cathy Proctor
    21 Nov 2014 | 1:58 pm
    Oil and gas drilling rigs could be working on and around the Roan Plateau in Western Colorado in two to four years following an agreement to settle a long-running legal battle, unveiled Friday. The settlement — which the Denver Business Journal reported was in the works in October— was announced in a news conference at the Colorado Capitol attended by Gov. John Hickenlooper, U.S. Interior Secretary Sally Jewell and other federal and state officials. The plateau, which soars thousands of feet…
  • Sunoco Logistics cited over accidental clay spills

    Sam Kusic
    21 Nov 2014 | 1:56 pm
    The Pennsylvania Department of Environmental Protection has cited Sunoco Logistics over two accidental spills of bentonite mud into streams in Washington and Allegheny counties. The first spill occurred between Sept. 18 and 22 as an undetermined amount of bentonite made its way into Mingo Creek in Washington County. According to the DEP, the spill occurred as Sunoco contractor Precision Pipeline was running a horizontal directional drilling operation related to construction of Sunoco's Mariner East…
  • Levitated owner: ‘We can decide what Albuquerque will look like’

    Damon Scott
    21 Nov 2014 | 12:53 pm
    Don't count Laurie Tarbell as down on Downtown Albuquerque. She knows there is work to be done, but she's optimistic. Tarbell, chair of Albuquerque's 2030 District exploratory committee, joined Mayor Richard Berry and Architecture 2030 founder Edward Mazria during a Global Entrepreneurship Week ABQ event on Nov. 20 at the Hyatt Regency. The subject was Albuquerque's designation as an emerging 2030 District — a program that engages building-sector stakeholders in the public and private sector…
  • Architecture 2030 leader ready for Albuquerque to become a 2030 District

    Damon Scott
    21 Nov 2014 | 11:59 am
    Edward Mazria says that during parts of the 1970s and 1980s, New Mexico was the center of the universe for solar energy. "We kind of lost that, and the center has moved to Seattle — the cloudiest place maybe in the world," Mazria said. "We need to recapture that here." Mazria's internationally renowned Architecture 2030 organization is based in Santa Fe, where he eventually planted roots after meeting and joining forces with Urban Land Institute founder and fellow Santa Fean Wayne Nichols. The…
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    Health Care News - Health Care News Headlines | Bizjournals.com

  • American Savings Bank to build a new headquarters near Downtown Honolulu

    Duane Shimogawa
    23 Nov 2014 | 6:01 pm
    American Savings Bank plans to build a new corporate campus near Downtown Honolulu that will serve as its new Hawaii headquarters, bringing together 600 of its employees from around the island, including its top executives, in a 100,000-square-foot building, the company's top executives told PBN. The Honolulu-based bank, which is a subsidiary of Hawaiian Electric Industries Inc. and sister company to Hawaiian Electric Co., is buying the 62,595-square-foot parcel at 230 N. Beretania St., just outside…
  • Arizona students creating 42-story rotating replica of Earth to be built in south-central Arizona

    Angela Gonzales
    23 Nov 2014 | 3:49 pm
    Bryan Beaulieu, a mechanical engineer who teaches at the East Valley Institute of Technology, is leading a project to create a 42-story rotating replica of the earth that eventually will be built in south-central Arizona as an educational tourist attraction. The globe's surface will be made of more than 10 million 4-inch triangular tiles that detail every natural and man-made feature that is higher than 30 feet off the ground. He is recruiting students from Arizona and around the world to help him. Makayla…
  • Jefferson County nurse still Ebola-free, to be released

    Diana Barr
    21 Nov 2014 | 4:19 pm
    The condition of a patient being monitored at Mercy Hospital Jefferson in Crystal City for possible infection with the Ebola virus has continued to improve, Jefferson County health officials said late Friday. Further lab test results for the patient, a female nurse who recently returned from West Africa, are still negative for the virus, officials said. Preliminary tests Thursday had also been negative. Local, state and federal medical officials have agreed that the patient is well enough to be…
  • Franklin-based MedSolutions set to sell in nearly $1B deal

    Eleanor Kennedy
    21 Nov 2014 | 3:30 pm
    MedSolutions, an 1,100-person health care company based in Franklin and one of the region's largest private employers, is selling to South Carolina-based CareCore National. Earlier this month, Moody's Investors Services affirmed ratings for the companies following MedSolutions' definitive agreement to be bought by CareCore National LLC, which is backed by General Atlantic LLC. Sources familiar with the deal have estimated its value at between $800 million and $1 billion. Late last week, a spokeswoman…
  • List Leaders: Meet Oregon's top 5 highest-revenue hospitals

    Brandon Sawyer
    21 Nov 2014 | 2:44 pm
    Net revenues and operating expenses are both on the rise at hospitals across the state, but according to the 2014 Oregon Community Hospital Report, the difference between those figures — operating margin — is on average the lowest it's been since 2008: just 3.6 percent. Per the report by Apprise Health Insights, a subsidiary of Oregon Association of Hospitals & Health Systems: "Large, urban hospitals, paid under DRG reimbursement, had a better average operating margin, 4.44 percent in 2013,…
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    Human Resources News - Human Resources News Headlines | Bizjournals.com

  • Google: Bostonians searching for My Little Pony, maple bacon chips this holiday season

    David Harris
    23 Nov 2014 | 9:01 pm
    Google (Nasdaq: GOOG) said Monday that Bostonians like searching the web for tablets and e-readers, L.L. Bean boots, Longchamp bags and My Little Pony. The Menlo Park, Calif.-based tech giant said it analyzed Google search trends and polled shoppers using its own survey tools. According to the company, these are the top trending gifts in Boston this year: 1. Tablets and e-­readers 2. L.L. Bean boots ­ 3. Longchamp bags 4. My Little Pony 5. Waltham watches The company, which launched its…
  • Women to watch this week: Nov. 24 - 30

    Mary Johnson
    23 Nov 2014 | 8:03 pm
    Meg Whitman: While many of us will be ducking out early this week, the HP CEO's got a busy schedule before Thanksgiving. The company is announcing its quarterly earnings Tuesday, and investors are hoping to get more info on the planned split that will carve the company into what Whitman hopes will become "two big Fortune 50 companies." The company has also announced its entrance into the 3D printing business since the last earnings announcement. Those would all make for very interesting topics of…
  • 18-story Milpitas tower to rise after Asian investor buys project site

    Nathan Donato-Weinstein
    23 Nov 2014 | 6:13 pm
    A Southern California investment firm has bought a fully approved development site in Milpitas, where it plans to build what would by far be the city's tallest building: an 18-story residential tower rising some 277 feet high. Singpoli Group paid $21 million for the three-acre site at 600 Barber Lane, a former Chevrolet dealership tucked between two Asian-themed shopping centers and behind a clutch of Cisco Systems Inc. buildings. "Look at what's around it — within walking distance, there's a…
  • Arizona students creating 42-story rotating replica of Earth to be built in south-central Arizona

    Angela Gonzales
    23 Nov 2014 | 3:49 pm
    Bryan Beaulieu, a mechanical engineer who teaches at the East Valley Institute of Technology, is leading a project to create a 42-story rotating replica of the earth that eventually will be built in south-central Arizona as an educational tourist attraction. The globe's surface will be made of more than 10 million 4-inch triangular tiles that detail every natural and man-made feature that is higher than 30 feet off the ground. He is recruiting students from Arizona and around the world to help him. Makayla…
  • Top reasons executive careers stall (Video)

    Sponsor content from CBIZ
    23 Nov 2014 | 3:38 pm
    As you grow in your executive career, understanding potential career stallers and managing them from the start can give you a leg up on the competition. In this video, Karen Fenaroli (CPA and senior VP at EFL Associates) discusses the career stallers that she has seen repeatedly over her successful career in executive recruiting and provides insight on how to avoid them.
 
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    Insurance News - Insurance News Headlines | Bizjournals.com

  • Hawaii insurance commissioner re-elected chair of National Association of Insurance Commisioners' West Region

    Jason Ubay
    21 Nov 2014 | 2:36 pm
    Hawaii insurance commissioner Gordon Ito has been re-elected as chairman of the National Association of Insurance Commissioners' Western Region. It is his third term as the chairman, which officially begins on Jan. 1. The NAIC's West region members include Alaska, American Samoa, Arizona, California, Colorado, Guam, Idaho, Montana, Nevada, New Mexico, N. Mariana Islands, Oregon, Texas, Utah, Washington and Wyoming. The Western Zone has the most states and territories compared to the other zones,…
  • The good, bad and ugly of Obamacare for small business

    Bill Hethcock
    21 Nov 2014 | 1:58 pm
    Republican gains in the U.S. Senate could spawn a redefinition of who qualifies as a full-time worker under the Affordable Care Act, reducing the number of companies to which Obamacare applies and the number of employees to whom companies are required to offer health insurance coverage, a specialist on the act said Friday in Dallas. But don't expect wholesale changes to the health care law — at least not anytime soon. Under Republican legislative leadership, the definition of full time could…
  • Pharmacist condemns generic price increases

    Kris B. Mamula
    21 Nov 2014 | 12:33 pm
    Only generic drug makers are benefitting from the run-up in generic medications, a Pennsylvania pharmacist testified Thursday at a hearing in Washington, D.C. Rob Frankil of Sellersville Pharmacy near Philadelphia said the reasons behind the increase in drug prices include shortages of raw materials, consolidation in the industry, and fewer manufacturers. The result is skyrocketing prices on medications that had been a money-saving strategy for consumers in the past. "What we're seeing across the…
  • CEO of Rose & Kiernan says some businesses, workers simply can't afford coverage

    David Robinson
    21 Nov 2014 | 12:05 pm
    John Murray, president and CEO of Rose & Kiernan Inc., sees some troubling trends emerging for businesses under the Affordable Care Act. Murray, who oversees the largest health insurance agency in the Albany, New York region, says employers are asking employees to share more of the burden of rising health care cost. During an interview at the 200-plus employee company's headquarters in East Greenbush, Murray discussed the Affordable Care Act landscape heading into 2015. That includes concerns being…
  • Old Republic National Title Insurance moves executive office to Tampa

    Margie Manning
    21 Nov 2014 | 9:07 am
    Tampa has landed the executive administrative office of one of the oldest and largest title insurance underwriters in the nation. Florida already was the No. 1 market for Old Republic National Title Insurance Co., and "the timing was right for the company to redomicile in Florida, as it is a very important state for us," said Rande Yeager, Old Republic's chairman and CEO, in a statement. Nearly 14 percent of the company's two million policies are written in Florida. The company employs 251 in the…
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    Legal Services News - Legal Services News Headlines | Bizjournals.com

  • Legal and Public Notices - November 21, 2014

    South Florida Business Journal Legal Notices
    23 Nov 2014 | 4:12 pm
    ALL COUNTY TOWING P.O. BOX 878, FT. LAUDERDALE, FL 33302 (954) 564-0486 OFFICE NOTICE OF SALE The following automobiles will be sold at public auction per Fla. Statute 713.78/715.07 for charges due at 10:00 am on December 8, 2014, at All County Towing, 520 Nw 7 St., Ft. Lauderdale, Fl. 33311 Year Make Vehicle Identification Number 2007 Chevrolet 1G1AK55F977233720 2001 Cadillac 1G6KE57Y31U122240 2003 Ford 1FTRE14203HB27198 2004 Hyundai KMHWF25S24A007915 2002 Suzuki JS2RC41H025103506 2007…
  • Legal and Public Notices - November 14, 2014

    South Florida Business Journal Legal Notices
    23 Nov 2014 | 4:02 pm
    NOTICE OF SALE PUBLIC STORAGE, INC. NOTICE IS HEREBY GIVEN that PS ORANGECO, INC. intends to sell at the following locations the personal property described below to enforce a lien imposed on said property under The Florida Self Storage Facility Act Statutes (Section: 83.801-83.809) PERSONAL PROPERTY CONSISTING of items used around the garage or in or outside the home or workplace, clothing, dishes, glassware, furniture, and other misc. items. Purchases must be paid for all the point of sale…
  • Roan Plateau settlement allows some drilling; cancels other leases

    Cathy Proctor
    21 Nov 2014 | 1:58 pm
    Oil and gas drilling rigs could be working on and around the Roan Plateau in Western Colorado in two to four years following an agreement to settle a long-running legal battle, unveiled Friday. The settlement — which the Denver Business Journal reported was in the works in October— was announced in a news conference at the Colorado Capitol attended by Gov. John Hickenlooper, U.S. Interior Secretary Sally Jewell and other federal and state officials. The plateau, which soars thousands of feet…
  • The good, bad and ugly of Obamacare for small business

    Bill Hethcock
    21 Nov 2014 | 1:58 pm
    Republican gains in the U.S. Senate could spawn a redefinition of who qualifies as a full-time worker under the Affordable Care Act, reducing the number of companies to which Obamacare applies and the number of employees to whom companies are required to offer health insurance coverage, a specialist on the act said Friday in Dallas. But don't expect wholesale changes to the health care law — at least not anytime soon. Under Republican legislative leadership, the definition of full time could…
  • Organizers of first marijuana credit union confident they'll get insurance, access to Fed

    Heather Draper
    21 Nov 2014 | 1:58 pm
    The attorneys representing Colorado's first financial institution created for the marijuana industry are confident they'll get the insurance and master account from the Federal Reserve they'll need to provide services for legal marijuana businesses in the state. Attorneys Doug Friednash, a shareholder at Brownstein Hyatt Farber Schreck, and Mark Mason, who has his own law firm in South Carolina, got a charter approved by the state on Wednesday for Fourth Corner Credit Union. Marijuana remains a…
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    Logistics & Transportation News - Logistics & Transportation News Headlines | Bizjournals.com

  • Former Charlotte mayor calls for action in Congress

    Erik Spanberg
    23 Nov 2014 | 2:45 pm
    Welcome to AASHTO, land of transportation acronyms and acolytes. As in the American Association of State Highway and Transportation Officials, a Washington-based trade group. Clunky, did you say clunky? I ask you: What rolls off the tongue better than American Association of State Highway and Transportation Officials? Whenever AASHTO, the Lollapalooza of transportation conferences, is in the neighborhood, make it a priority. This weekend, Charlotte hosted the annual conference, which — follow…
  • Watch out for a different kind of reindeer on Chicago streets in weeks to come

    Lewis Lazare
    21 Nov 2014 | 12:58 pm
    The Chicago Transit Authority is introducing a specially-decorated holiday bus this season. The 60-foot bus is outfitted with hundreds of colored lights and a festive reindeer wrap, as well as antlers and a glowing red nose protruding from the vehicle's front end. The bus will now join the popular CTA Holiday Train that has been making the rounds for a number of years. CTA executives said the specially-decorated bus is another way for the public transport system and its employees to say "thank…
  • Are city leaders trying to block East Side commuter rail?

    Chris Wetterich
    21 Nov 2014 | 12:33 pm
    City Manager Harry Black asked that legislation that would have preserved the Wasson Way rail line for both a bike trail and a future commuter rail be removed from the Cincinnati Planning Commission's agenda on Friday morning. The move has sparked concerns from the planning commission's chairman, Caleb Faux, and others that Mayor John Cranley, through Black, is seeking to block rail from the corridor before a serious discussion about it even begins. But Cranley said he only wants more time for…
  • REIT pays $33.5M for Franklin County distribution centers

    Brian R. Ball
    21 Nov 2014 | 12:11 pm
    A Boston-based REIT has slid into the Columbus market with the purchase of three fully leased distribution centers in Franklin County for a combined $33.5 million as part of a broader expansion strategy. Plymouth Industrial REIT purchased the 520,514-square-foot distribution center at 3500 Southwest Blvd. in Grove City for $20 million and the 3100 Creekside Pkwy. for $11.5 million. It also purchased the 54,100-square-foot 7001 Americana Pkwy. for $2 mllion. Plymouth REIT President Pendleton White…
  • Who does Jacksonville trade the most with?

    Jensen Werley
    21 Nov 2014 | 11:53 am
    When it comes to shipping freight from Jacksonville, the city doesn't send it that far. When looking at trade flows (imports plus exports) for the city by dollar value of all commodities between Jacksonville and its trade partners, Orlando is the biggest partner, with over $4.1 billion in trade, according to a study by the Brookings Institution. Jacksonville has a total trade value of $77 billion, and most of its top trade partners by value are all in the Southeast U.S. The city trades just over…
 
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    Manufacturing News - Manufacturing News Headlines | Bizjournals.com

  • Google: Bostonians searching for My Little Pony, maple bacon chips this holiday season

    David Harris
    23 Nov 2014 | 9:01 pm
    Google (Nasdaq: GOOG) said Monday that Bostonians like searching the web for tablets and e-readers, L.L. Bean boots, Longchamp bags and My Little Pony. The Menlo Park, Calif.-based tech giant said it analyzed Google search trends and polled shoppers using its own survey tools. According to the company, these are the top trending gifts in Boston this year: 1. Tablets and e-­readers 2. L.L. Bean boots ­ 3. Longchamp bags 4. My Little Pony 5. Waltham watches The company, which launched its…
  • Female CEOs share 3 keys to exponential growth

    Sponsor content from PNC Bank
    23 Nov 2014 | 3:20 pm
    How do you grow a business into a multimillion or billion-dollar enterprise? Ask the CEOs who participated in a recent webcast hosted by the EY Entrepreneurial Winning Women program. "Starting and growing a business is one thing, scaling it is another," said Kari Warberg Block, founder and CEO of Earth-Kind, a manufacturer of natural pest prevention products. "You can grow your business as big as your vision, but you need to push boundaries." Although women entrepreneurs are a powerful force in…
  • Startups rally to pitch at ABQid's Demo Day event

    Dan Mayfield
    21 Nov 2014 | 1:12 pm
    ABQid, the city's first business accelerator, reached its apex on Friday with its first Demo Day. Eleven companies were set to present at the event on Friday, which was at the Hotel Andaluz Downtown and was part of Global Entrepreneurship Week. The event kicked off with several speakers talking about the city's new commitment to entrepreneurship and startups. "I love manufacturing plants, I love call centers because that's the breeding ground for the employees we need, and I love the jobs that…
  • Boulevard, Mars power CRB's growing engineering niche

    Austin Alonzo
    21 Nov 2014 | 1:02 pm
    CRB Consulting Engineers Inc. is growing in a tasty new sector: food and beverage work. The Kansas City-based engineering firm is helping Kansas City's Boulevard Brewing Co. expand its production capabilities with its work on the brewer's $12 million Cellar Five project. CRB is providing engineering, architecture and pre-construction services. The project will boost production capacity by 40 percent. Charles Jabara, a senior project manager at CRB, is leading the firm's work on the Cellar Five…
  • Crowdfunding fueling growth of leather goods maker Satchel & Page

    Chad Swiatecki
    21 Nov 2014 | 12:56 pm
    Austin's Satchel & Page leather goods brands has struck upon a way to use the Kickstarter crowdfunding site to crowd test its new product offerings and figure out its best opportunities for growth. The three-year-old startup, which will reach $500,000 in revenue this year, has raised more than $80,000 on its still-active Kickstarter campaign for a new line of custom leather jackets. The donations to the campaign are in effect pre-orders for the Turkish-made jackets, allowing the company to produce…
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  • Zizzo Group open house includes some big news: Slideshow

    Mark Sabljak
    23 Nov 2014 | 6:51 pm
    When Anne Zizzo moved her offices for Zizzo Group from West Wisconsin Avenue in downtown Milwaukee to the 3rd Ward, she found a space that she expected would be open to gatherings of all types. And in the nearly one year since moving in, that's been true, with committees, brainstorming sessions and even a town hall meeting with Wisconsin Gov. Scott Walker. On Nov. 20, she hosted an open house and more than 200 people, including clients, friends and family, easily mingled, drank and ate. Check out…
  • Sotheby's CEO to step down, months after activist battle

    23 Nov 2014 | 3:30 pm
    Sotheby's CEO William Ruprecht will step down from that role in a move that the company says was a mutual decision, but that also appears to have been prompted by recent changes to the auction house's board. The Wall Street Journal reported that Ruprecht has been CEO of Sotheby's (NYSE: BID) since 2000, and is expected to remain in his chief executive, chairman, and president positions until a successor is named. The WSJ added that his announcement surprised many staffers, since the company has…
  • DBJ Dine-N-Drink Madness: Final day to vote for Colorado's best food or beverage brand (Slideshow)

    Caitlin Hendee
    23 Nov 2014 | 9:41 am
    Weeks of head-to-head battles and nearly 16,000 votes later, it's the finishing lap for the two brands who came out on top as division winners in Dine-N-Drink Madness. And of the more than 1,600 votes that have come in for the championship round alone, one thing is abundantly clear: It's still anyone's game. As it stands Sunday morning, LaMar's Donuts & Coffee, the division winner for the food brands, has 47.4 percent of the votes. Beverage brand winner Avery Brewing Co. holds the lead with 52.6…
  • Flick picks: ‘Mockingjay’ sings unhopeful tune

    Annlee Ellingson
    21 Nov 2014 | 4:24 pm
    None of the "Hunger Games" movies, not even the first one, has ended with any sense of finality. Sure, Katniss and Peeta may have outsmarted President Snow with a handful of toxic berries in the first film, ensuring they'd both survive the televised fight to the death, but the very ruse that saved them — that they were in love — meant that at the very least they'd be living a lie for the rest of their days. And Katniss may have escaped the arena, again, in "Catching Fire," only to discover she…
  • Health exchange makes advertising effort to reach Spanish speakers

    Annie Zak
    21 Nov 2014 | 2:02 pm
    "Ronchas. Hombro dislocado. Apendicitis. Cuando no tiene seguro médico, un accidente o una enfermedad podría costarle mucho." Not a Spanish speaker? Here's what that says: "Rash. Dislocated shoulder. Appendicitis. When you don't have health insurance, an accident or illness can cost a lot." That's just one message the Washington Health Benefit Exchange is delivering in a new ad campaign designed to reach both English and non-English speakers to inform them about the availability of insurance…
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  • San Jose floats fee break to attract new office tower — is it enough?

    Nathan Donato-Weinstein
    23 Nov 2014 | 6:45 pm
    A couple of years ago, the city of San Jose cut fees for developers of high-rise housing projects. Fast forward, and two towers are under construction with more on the way. Now city officials want to try the same thing, but for commercial towers. Or rather, one tower. "It's for whoever gets in the door first," said Nanci Klein, assistant director of economic development. A proposal to be heard at the Dec. 2 city council meeting would eliminate construction tax for the first commercial high-rise…
  • 18-story Milpitas tower to rise after Asian investor buys project site

    Nathan Donato-Weinstein
    23 Nov 2014 | 6:13 pm
    A Southern California investment firm has bought a fully approved development site in Milpitas, where it plans to build what would by far be the city's tallest building: an 18-story residential tower rising some 277 feet high. Singpoli Group paid $21 million for the three-acre site at 600 Barber Lane, a former Chevrolet dealership tucked between two Asian-themed shopping centers and behind a clutch of Cisco Systems Inc. buildings. "Look at what's around it — within walking distance, there's a…
  • Gorman, Maures, Cardinal among developers competing for library projects

    Sean Ryan
    23 Nov 2014 | 4:00 pm
    The city of Milwaukee received several affordable housing proposals for two library branches that will be sold for redevelopment. Also this week, we have details on a new office building that could kick off the redevelopment of Loomis Crossing in Greenfield. The Milwaukee Public Library is reviewing proposals for several companies to buy and redevelop the Forest Home and Mill Road library branches. In both cases, developers would reserve space in their projects for new, more modern first-floor…
  • Harvey Mackay: 3 ways to inspire an attitude of gratitude

    Harvey Mackay
    23 Nov 2014 | 5:13 am
    Think that you have little to be thankful for this month? Haven't taken time to think about the blessings you have? For starters, you can be grateful that you weren't one of the pilgrims who broke bread together that first Thanksgiving in 1621. I clipped these facts from the Arizona Republic years ago, just to remind myself that even on the toughest days, I have nothing to complain about. Here's what some of our ancestors encountered to come to America. They had uprooted themselves from their lives…
  • See inside: Dave Burk’s Rock Island Lofts

    Josh Heck
    22 Nov 2014 | 6:52 am
    The latest apartment project for Old Town developer Dave Burk is now open. The first residents of the Rock Island Lofts moved in last weekend. Nebraska-based Perry Reid Properties is the management company responsible for the Rock Island Lofts, which are at 143 N. Rock Island. Rock Island Lofts has eight apartments, six of which are two stories. The other two are one-story apartments. Burk offered the Wichita Business Journal a tour of the facility this week. The attached slideshow gives a look…
 
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  • Women to watch this week: Nov. 24 - 30

    Mary Johnson
    23 Nov 2014 | 8:03 pm
    Meg Whitman: While many of us will be ducking out early this week, the HP CEO's got a busy schedule before Thanksgiving. The company is announcing its quarterly earnings Tuesday, and investors are hoping to get more info on the planned split that will carve the company into what Whitman hopes will become "two big Fortune 50 companies." The company has also announced its entrance into the 3D printing business since the last earnings announcement. Those would all make for very interesting topics of…
  • Gorman, Maures, Cardinal among developers competing for library projects

    Sean Ryan
    23 Nov 2014 | 4:00 pm
    The city of Milwaukee received several affordable housing proposals for two library branches that will be sold for redevelopment. Also this week, we have details on a new office building that could kick off the redevelopment of Loomis Crossing in Greenfield. The Milwaukee Public Library is reviewing proposals for several companies to buy and redevelop the Forest Home and Mill Road library branches. In both cases, developers would reserve space in their projects for new, more modern first-floor…
  • Sotheby's CEO to step down, months after activist battle

    23 Nov 2014 | 3:30 pm
    Sotheby's CEO William Ruprecht will step down from that role in a move that the company says was a mutual decision, but that also appears to have been prompted by recent changes to the auction house's board. The Wall Street Journal reported that Ruprecht has been CEO of Sotheby's (NYSE: BID) since 2000, and is expected to remain in his chief executive, chairman, and president positions until a successor is named. The WSJ added that his announcement surprised many staffers, since the company has…
  • DBJ Dine-N-Drink Madness: Final day to vote for Colorado's best food or beverage brand (Slideshow)

    Caitlin Hendee
    23 Nov 2014 | 9:41 am
    Weeks of head-to-head battles and nearly 16,000 votes later, it's the finishing lap for the two brands who came out on top as division winners in Dine-N-Drink Madness. And of the more than 1,600 votes that have come in for the championship round alone, one thing is abundantly clear: It's still anyone's game. As it stands Sunday morning, LaMar's Donuts & Coffee, the division winner for the food brands, has 47.4 percent of the votes. Beverage brand winner Avery Brewing Co. holds the lead with 52.6…
  • Guide to Black Friday: Malls, department stores and more in the Milwaukee area

    Alison Bauter
    22 Nov 2014 | 6:00 am
    This year's holiday shopping season starts in earnest Friday, or ... is it Thursday? Either way, the Milwaukee Business Journal has your definitive guide to hours and special offerings from malls around the Milwaukee area, plus our biggest department stores. Thanksgiving Day is Nov. 27, and Black Friday falls on Nov. 28 this year. Click the name to jump to each outlet's website and learn more about special promotions, hours and other information. If a can't-miss opening isn't on the list, email…
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    Sports Business News - Sports Business News Headlines | Bizjournals.com

  • Women to watch this week: Nov. 24 - 30

    Mary Johnson
    23 Nov 2014 | 8:03 pm
    Meg Whitman: While many of us will be ducking out early this week, the HP CEO's got a busy schedule before Thanksgiving. The company is announcing its quarterly earnings Tuesday, and investors are hoping to get more info on the planned split that will carve the company into what Whitman hopes will become "two big Fortune 50 companies." The company has also announced its entrance into the 3D printing business since the last earnings announcement. Those would all make for very interesting topics of…
  • NBA union chief Michele Roberts is 'itching for a fight' — and that's not all

    Caroline McMillan Portillo
    22 Nov 2014 | 11:29 am
    The first female chief of the National Basketball Players Association, Michele Roberts — one of our women to watch this week— caught our attention when she told ESPN The Magazine last week that the league's current salary cap is "incredibly un-American." And this week, Roberts was grabbing headlines for a slew of different reasons. Here are some of the best finds from around the web: 'She's serious, she's impressive…she's itching for a fight": One agent told Sporting News that Roberts, who…
  • In $7B quest, Nike opens a women's-only retail store

    Matthew Kish
    21 Nov 2014 | 2:10 pm
    Nike this week opened a California retail location that exclusively serves female customers. The company plans to open another women's-only store this month in China. The new store 6,000-square-foot store is in Newport Beach, California. It features numerous Nike products for women including running, training and sportswear as well as an in-store fitness studio. The studio is a first in a U.S. Nike retail store. Women's sportswear is a key industry battleground. Under Armour also is ramping up…
  • Under Armour senior advisor to Kevin Plank leaves post

    Sarah Meehan
    21 Nov 2014 | 1:57 pm
    Byron K. Adams Jr. has left his post as Under Armour Inc.'s senior advisor to Chairman and CEO Kevin Plank, effective Friday, according to a federal filing. Adams was responsible for advising on the Baltimore sportswear maker's digital business "and other related matters," the company said, adding that his departure follows the completion of his work. Adams, 59, has served on the company's board of directors since 2003, and he will remain on the board. He was named Under Armour's chief performance…
  • Fitness company expands in America Place

    Marty Finley
    21 Nov 2014 | 1:36 pm
    A local fitness company has more than doubled its training and workout space in Southern Indiana. Championship Athletic Performance, which launched two years ago, now has 9,320 square feet available for training programs, classes and individualized workouts at America Place Business Park in Jeffersonville. CAP is an affiliate of CrossFit Inc. and is owned and operated by strength and conditioning specialist Andy Cymbalist. The facility offers youth coaching and adult fitness options. "The additional…
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    Technology News - Technology News Headlines | Bizjournals.com

  • Daemen’s visual effects program struggles to attract students

    Dan Miner
    23 Nov 2014 | 10:11 pm
    Daemen College's year-old certificate program in visual effects has been a hit amongst industry employers, with state-of-the-art facilities and a hands-on training program that has few rivals. Empire Visual Effects is hiring many of the Daemen students who graduate and is hungry for more. Everything about the arrangement, supported by a $4.5 million state grant that's part of Gov. Andrew Cuomo's "Buffalo Billion" initiative, has been working great. Except for one big thing: There are barely any…
  • Anonymous messaging app Yik Yak raises a reported $62M

    Urvaksh Karkaria
    23 Nov 2014 | 9:13 pm
    Atlanta-based anonymous messaging service YiK Yak has raised a reported $62 million, even as it battles a lawsuit filed by a former fraternity brother who claims he is a co-founder of the fast-growing startup. The round was raised by Sequoia Capital, the Wall Street Journal reported, citing people familiar with the deal. Yik Yak's valuation is said to be in the low hundreds of millions of dollars, the WSJ noted. In June, Yik Yak raised $10 million in a Series A by Silicon Valley venture capitalist…
  • Dell opens Internet of Things Lab to lure partners

    Jose Fermoso, Twitter: @fermoso
    21 Nov 2014 | 3:07 pm
    Internet of Things devices hold out the promise of making routine daily tasks more efficient by gathering ever more specific data. For legacy companies like Dell Inc., these devices offer a more immediate promise: The opportunity to establish its brand as a leader in an industry still taking baby steps. This week, Dell opened its first Internet of Things Lab, a collaborative facility for hardware and software developers to build, test and release IoT products. The lab is located at the company's…
  • NASDAQ warns Marrone Bio of delisting over late financial report

    Mark Anderson
    21 Nov 2014 | 2:26 pm
    Marrone Bio Innovations Inc. reported Friday it has received a delisting warning from the NASDAQ Stock Market LLC as a result of the company's late filing of financial statements. The Davis-based bio-pesticide company last week told the Securities and Exchange Commission its third-quarter earnings report will be late — and that it cannot predict when it will catch up. The company said today it anticipated the action from the NASDAQ. It still offers no timeline for when it will file. Marrone…
  • CenterPoint CEO touts Houston electricity project moving forward

    Jordan Blum
    21 Nov 2014 | 2:13 pm
    CenterPoint Energy Inc. (NYSE: CNP) President and CEO Scott Prochazka said he is pleased its "Houston Import Project" is moving forward despite continued opposition from two of the region's power generators. Prochazka said the project to provide the Houston-area homes and businesses with more long-term electricity capacity is on track to be built by late 2017 or early 2018 if everything goes as planned now that the Public Utility Commission of Texas has unanimously declined complaints by NRG Energy…
 
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    Travel Business News - Travel Business News Headlines | Bizjournals.com

  • Former Charlotte mayor calls for action in Congress

    Erik Spanberg
    23 Nov 2014 | 2:45 pm
    Welcome to AASHTO, land of transportation acronyms and acolytes. As in the American Association of State Highway and Transportation Officials, a Washington-based trade group. Clunky, did you say clunky? I ask you: What rolls off the tongue better than American Association of State Highway and Transportation Officials? Whenever AASHTO, the Lollapalooza of transportation conferences, is in the neighborhood, make it a priority. This weekend, Charlotte hosted the annual conference, which — follow…
  • Waikiki sets new September hotel occupancy record

    Jason Ubay
    21 Nov 2014 | 7:58 pm
    Waikiki set a new occupancy record of 87.5 percent for the month of September, a 1.4 percentage-point rise from the same a month in 2013 according to data released by Hospitality Advisors LLC and STR Inc. During the month, Waikiki had an average daily rate of $216.15, a 5.8 percent gain from the year before, and a revenue per available room of $189.13, a 7.5 percent increase. Oahu hotels performed well due to a 4.5 percent increase in visitor arrivals and a 9.9 percent gain in honeymoons and 4.1…
  • Air Canada rouge flies first flight to Hawaii

    Jason Ubay
    21 Nov 2014 | 7:16 pm
    Air Canada rouge, the low-fare subsidiary of Air Canada, launched its first flight from Vancouver to Honolulu on Friday, with a scheduled arrival of 9:40 p.m. Air Canada rouge will begin flying a Vancouver to Kahului, Maui, flight starting in December. Both flights, which use Boeing 767 aircraft, have an air seat capacity of 280 passengers, and will fly seasonally from November 2014 through April 2015. A Toronto to Honolulu route also is expected to begin flying in November and will operate twice…
  • Aloha Pacific Federal Credit Union wins PBN's 2014 Book of Lists Brand Madness

    A. Kam Napier
    21 Nov 2014 | 4:54 pm
    And so ... the Madness ends! PBN's 2014 Book of Lists Brand Madness, that is. We started out on September 26 with 64 companies competing for your affection in a series of online polls. Eight weeks, dozens of bad puns and tens of thousands of votes later, one company has emerged victorious. Aloha Pacific Federal Credit Union won the final on Friday morning. The credit union scored 52 percent of the vote over Nordic PCL Construction Inc. "That's fantastic!" said Kristopher C. Kono, vice president,…
  • Mille Lacs tribe buys hotel in Oklahoma City

    Sam Black
    21 Nov 2014 | 2:48 pm
    Mille Lacs Corporate Ventures has acquired a 236-room Embassy Suites hotel in Oklahoma City for an undisclosed sum. The deal is the latest business venture for Minnesota's Mille Lacs Band of Ojibwe as it continues to diversify beyond gambling and into the hospitality industry. The Embassy Suites hotel is six miles from downtown Oklahoma City and four miles from the Will Rogers World Airport, according to a press release. It has a business center, fitness room, indoor pool and 10,000 square feet…
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  • Centre for Women in Tampa hires business center leader

    Pam Huff
    21 Nov 2014 | 12:55 pm
    The Centre for Women in Tampa has hired Stacy Banks-Houston as director of its business center. As reported in the Tampa Bay Business Journal's Morning Edition, the new Helen Gordon Davis Women's Business Centre will have a grand opening on Nov. 24. Grant funding of $750,000 has helped the business center expand its training programs. It is the only Small Business Administration Women's Business Centre on the west coast of Florida, according to the Centre for Women. Banks-Houston has experience…
  • Back to the drawing board: VA cancels its contract award for management of its veteran-owned small business program

    Jill R. Aitoro
    21 Nov 2014 | 11:17 am
    Once again, the Department of Veteran Affairs is trying to figure out what company will manage the process of getting veteran-owned small businesses verified. The agency decided to rescind its September $39.9 million contract award to Monterey Consultants Inc. of Dayton, Ohio, to manage its Center for Veterans Enterprise. That award, the bulk of which was for processing contractor applications to be verified as veteran-owned, which in turn allows them to be able to compete for work set aside by…
  • "Right time for us to move on," former SnapRetail COO says

    Patty Tascarella
    21 Nov 2014 | 10:30 am
    The departure of two top officers at one of Pittsburgh's fastest-growing software firms surprised many in the local technology and venture capital communities, but the pair are low-key about leaving. "It was the right time for us to move on and do something different," said Suzy Teele, SnapRetail's former COO. She and her husband Ted, who was CEO, parted ways with the online marketing and social commerce site for independent retailers that he founded four years ago. "We're looking at other opportunities,"…
  • Three keys to getting a small-business loan

    Joe McClure
    21 Nov 2014 | 3:00 am
    The small-business community employs half of the private workforce and creates two out of every three net new jobs. The challenge for many small businesses is finding capital to grow. Since the financial crisis, many small-business owners have become very debt-averse. They simply don't want to sign up for long-term financial obligations until they absolutely must. But of course borrowing often is necessary for any business to thrive. And one tool to consider is alternatives to traditional lenders. Alternative…
  • A clever idea became big business for Kamp-Rite

    Cheryl Sarfaty
    21 Nov 2014 | 3:00 am
    How many families can say they grew a business out of something they love to do? The owners of Kamp-Rite Tent Cot Inc. sure can. "I have three sons who are all avid outdoorsmen," said Andrea Visger-Ferrari, vice president of Kamp-Rite. "When I saw this product, I realized how useful it would have been for them throughout their growing-up years." In 1999 she and her husband, Bill Ferrari, launched Kamp-Rite with "The Original Tent Cot," which combines two staples of camping. Easily transportable…
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    Albany Business News - Local Albany News | Business Review of Albany

  • Exxon Mobil Corp.'s chemical company will get a new president in 2015

    Nicholas Sakelaris
    23 Nov 2014 | 3:33 pm
    Stephen Pryor will retire at the end of the year as president of the ExxonMobil Chemical Co. and vice president of Exxon Mobil Corp. He's been with the Irving-based company and it's predecessor, Mobil, for 44 years, working everywhere from Cyprus and the United Kingdom to New Zealand and Asia. Pryor, 64, joined Exxon in 1971. The New York City native earned a bachelor's degree in biology from Lafayette College and a master's degree in business administration from Harvard Uniersity. Exxon's board…
  • Sotheby's CEO to step down, months after activist battle

    23 Nov 2014 | 3:30 pm
    Sotheby's CEO William Ruprecht will step down from that role in a move that the company says was a mutual decision, but that also appears to have been prompted by recent changes to the auction house's board. The Wall Street Journal reported that Ruprecht has been CEO of Sotheby's (NYSE: BID) since 2000, and is expected to remain in his chief executive, chairman, and president positions until a successor is named. The WSJ added that his announcement surprised many staffers, since the company has…
  • CEO of Rose & Kiernan says some businesses, workers simply can't afford coverage

    David Robinson
    21 Nov 2014 | 12:05 pm
    John Murray, president and CEO of Rose & Kiernan Inc., sees some troubling trends emerging for businesses under the Affordable Care Act. Murray, who oversees the largest health insurance agency in the Albany, New York region, says employers are asking employees to share more of the burden of rising health care cost. During an interview at the 200-plus employee company's headquarters in East Greenbush, Murray discussed the Affordable Care Act landscape heading into 2015. That includes concerns being…
  • 'Hudson Arthaus' is name for new, $19.4 million apartments in downtown Troy

    Michael DeMasi
    21 Nov 2014 | 11:45 am
    The development team that will convert the former Kelly Clothes in downtown Troy, New York into 80 apartments released new details Friday, including the project's cost, name and timeline. The five-story former textile building at 621-623 River St. will be renamed Hudson Arthaus as part of a $19.4 million renovation that will include gallery space, art studios, computer programming labs, libraries and cultural displays. The apartments are expected to be ready for occupancy in fall 2015. The development…
  • Next step for EYP: science and technology

    Krystle S. Morey
    21 Nov 2014 | 11:40 am
    As demand for cleanrooms and technology research labs grows in the Albany, New York region, Tom Birdsey sees potential for his firm to get a cut of the building projects. Birdsey, CEO of EYP Architecture & Engineering in Albany, New York , the largest architecture firm in the region, says the firm is evaluating opportunities in the science and technology architecture market. "We do some of that work right now, but we are interested in doing more," said Birdsey, who sees EYP winning projects working…
 
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    Albuquerque Business News - Local Albuquerque News | Albuquerque Business First

  • Startups rally to pitch at ABQid's Demo Day event

    Dan Mayfield
    21 Nov 2014 | 1:12 pm
    ABQid, the city's first business accelerator, reached its apex on Friday with its first Demo Day. Eleven companies were set to present at the event on Friday, which was at the Hotel Andaluz Downtown and was part of Global Entrepreneurship Week. The event kicked off with several speakers talking about the city's new commitment to entrepreneurship and startups. "I love manufacturing plants, I love call centers because that's the breeding ground for the employees we need, and I love the jobs that…
  • PiFi co-founder readies pitch for ABQid Demo Day (Video)

    Dan Mayfield
    21 Nov 2014 | 12:58 pm
    Local company PiFi has designed a way for parents to monitor their kids' Internet behavior — and the kids can learn something at the same time. PiFi has designed a hardware and software cloud platform that makes it easy for parents to manage when, and for how long, their children use the Internet. Kids can "earn" time on the Internet by doing homework problems. On Friday, PiFi and 11 other firms will present their ideas at ABQid's Demo Day at Hotel Andaluz. The event is part of Global Entrepreneurship…
  • Levitated owner: ‘We can decide what Albuquerque will look like’

    Damon Scott
    21 Nov 2014 | 12:53 pm
    Don't count Laurie Tarbell as down on Downtown Albuquerque. She knows there is work to be done, but she's optimistic. Tarbell, chair of Albuquerque's 2030 District exploratory committee, joined Mayor Richard Berry and Architecture 2030 founder Edward Mazria during a Global Entrepreneurship Week ABQ event on Nov. 20 at the Hyatt Regency. The subject was Albuquerque's designation as an emerging 2030 District — a program that engages building-sector stakeholders in the public and private sector…
  • Kanoodl CEO pitches interactive music service at ABQid's Demo Day (Video)

    Dan Mayfield
    21 Nov 2014 | 12:30 pm
    Kanoodl CEO Matthew Ayoub is a self-professed music fan, and he said he's created a way to bring royalty-free music for commercial spaces. On Friday at Hotel Andaluz, he and 11 other firm leaders will present their companies at ABQid's Demo Day, which is part of Global Entrepreneurship Week. Demo Day is the final step for the companies in the city's first high-tech accelerator program. "Music is something we're all emotional about. When customers go into a store and hear music they like, it can…
  • Architecture 2030 leader ready for Albuquerque to become a 2030 District

    Damon Scott
    21 Nov 2014 | 11:59 am
    Edward Mazria says that during parts of the 1970s and 1980s, New Mexico was the center of the universe for solar energy. "We kind of lost that, and the center has moved to Seattle — the cloudiest place maybe in the world," Mazria said. "We need to recapture that here." Mazria's internationally renowned Architecture 2030 organization is based in Santa Fe, where he eventually planted roots after meeting and joining forces with Urban Land Institute founder and fellow Santa Fean Wayne Nichols. The…
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    Atlanta Business News - Local Atlanta News | Atlanta Business Chronicle

  • Anonymous messaging app Yik Yak raises a reported $62M

    Urvaksh Karkaria
    23 Nov 2014 | 9:13 pm
    Atlanta-based anonymous messaging service YiK Yak has raised a reported $62 million, even as it battles a lawsuit filed by a former fraternity brother who claims he is a co-founder of the fast-growing startup. The round was raised by Sequoia Capital, the Wall Street Journal reported, citing people familiar with the deal. Yik Yak's valuation is said to be in the low hundreds of millions of dollars, the WSJ noted. In June, Yik Yak raised $10 million in a Series A by Silicon Valley venture capitalist…
  • Home of the Day: Beautiful Mountain Estate on Three Acres

    Coldwell Banker Residential Brokerage
    21 Nov 2014 | 1:21 pm
    By Vicki Treadwell, Agent Home of the Day is presented by the Atlanta Business Chronicle with Coldwell Banker Residential Brokerage. This is your invitation to view some of Atlanta's most-luxurious properties. Come inside and take a look around. Click on the gallery image to view today's featured property. 435 Mystic Trail Lane, Jasper, GA 30143 | $849,900 This distinctive estate home is on 3 acres of gently sloped mountain land with views of the Cohutta Wilderness. The home's design is specific…
  • Emory's John T. Fox elected chair of Georgia Hospital Association

    Ellie Hensley
    21 Nov 2014 | 12:05 pm
    John T. Fox, president and CEO of Emory Healthcare, is the new chairman of the Georgia Hospital Association's Board of Trustees. Fox succeeds Cindy Turner, president and CEO of Bacon County Hospital and Health System in Alma, Ga., who served as 2013 chair. Prior to joining Emory Healthcare in 1999, Fox was executive vice president of Clarian Health in Indianapolis, Ind. He has a bachelor's in economics and history from Washington University in St. Louis and a master's degree in finance. Fox was…
  • Look inside Restoration Hardware's new RH Atlanta design gallery (SLIDESHOW)

    Amy Wenk
    21 Nov 2014 | 11:58 am
    A massive home furnishings store opened today in Buckhead that aims to blur the lines between retail and residential. On Nov. 21, Restoration Hardware Holdings Inc. (NYSE:RH) revealed its largest store to date — the 70,000-square-foot RH Atlanta, The Gallery at the Estate in Buckhead. It's located across Peachtree Road from the upscale Buckhead Atlanta development, a spot that formerly housed ESPN Zone. "This is really important to us what we are opening today," RH CEO and Chairman Gary Friedman…
  • Architect SLAM Collaborative relocates to Ponce City Market

    Douglas Sams
    21 Nov 2014 | 11:57 am
    Connecticut-based architect The SLAM Collaborative Inc. has moved its Southeast office to Ponce City Market. The firm is occupying 7,000 square feet on the fourth floor of Ponce City Market, the redevelopment of the 1920s-era Sears, Roebuck & Co. building in the city's historic Old Fourth Ward neighborhood. SLAM will open its new 20-person office Nov. 24. The Southeast office has been based in Atlanta for the past 16 years. Sidney Ward, director of the Atlanta office, called Ponce City Market…
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    Austin Business News - Local Austin News | Austin Business Journal

  • Texas breaks monthly job record again; Austin market tightens

    Korri Kezar
    21 Nov 2014 | 1:54 pm
    Texas set a record for annual annual job growth while seeing its unemployment rate drop in October. Numbers released by the Texas Workforce Commission show the state added 35,200 seasonally-adjusted jobs for the month, bringing its total to 421,900 total non-farm jobs for the year. Those figures set the record for jobs added for the third consecutive month. Texas' seasonally-adjusted unemployment rate also fell to 5.1 percent in October, down from 5.2 percent in October and down more than a point…
  • Crowdfunding fueling growth of leather goods maker Satchel & Page

    Chad Swiatecki
    21 Nov 2014 | 12:56 pm
    Austin's Satchel & Page leather goods brands has struck upon a way to use the Kickstarter crowdfunding site to crowd test its new product offerings and figure out its best opportunities for growth. The three-year-old startup, which will reach $500,000 in revenue this year, has raised more than $80,000 on its still-active Kickstarter campaign for a new line of custom leather jackets. The donations to the campaign are in effect pre-orders for the Turkish-made jackets, allowing the company to produce…
  • Austin law firm eyes growth spurt after opening latest office in Colorado

    Greg Barr
    21 Nov 2014 | 12:46 pm
    Barron & Newburger PC, an Austin law firm specializing in commercial and bankruptcy litigation as well as compliance and regulatory issues, has just wrapped up the third leg of a national expansion plan that has pushed the firm into new markets from coast to coast. Thomas Good, the firm's recently hired managing attorney, heads up Barron & Newburger's newest office in Colorado, that opened in September. Earlier this year, the firm added offices in New York City and in Santa Ana, California. The…
  • Houston investor buys prime Leander land for someone to develop

    Jan Buchholz
    21 Nov 2014 | 12:26 pm
    The increasing development activity in Leander has attracted Rockspring Capital to purchase a 28-acre land parcel near Old FM 2243 and U.S. Highway 183. Rockspring Capital is a Houston-based Texas land investment firm founded by The McAlister Co.Rockspring plans to take the Leander land through the platting process and then sell it to a multifamily developer. Currently the land is zoned for apartments and retail uses. Leander is one of the most active homebuilding markets in Central Texas, and…
  • Investor takes big stake in Forestar, wants to see changes

    Michael Theis
    21 Nov 2014 | 12:20 pm
    Forestar Group Inc. — an Austin-based oil, gas and natural resources company — has a new large stakeholder in Springowl Associates LLC, which reported in a recent Securities and Exchange Commission filing that it now owns more than 5 percent of Forestar's shares. The move could signal the start of a proxy fight, which could see Springowl nominate an alternate slate of candidates for Forestar's board of directors. Sign up for the free Energy Inc. Texas newsletter here and get the multistate…
 
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    Baltimore Business News - Local Baltimore News | Baltimore Business Journal

  • FDIC says branch banking declining slightly but not going away

    Mark Holan
    23 Nov 2014 | 5:07 pm
    Bricks and mortar bank branches appear likely to survive further into the 21st century. Though the number of branches has dropped off since the Great Recession, there were 94,725 branches nationwide through June, according to an upcoming report by the Federal Deposit Insurance Corp. (There are 425,000 ATMs in the U.S., many right outside those branches.) "The demise of branch banking has been somewhat exaggerated," FDIC economist Richard Brown told agency's Advisory Committee on Community Banking. The…
  • Under Armour senior advisor to Kevin Plank leaves post

    Sarah Meehan
    21 Nov 2014 | 1:57 pm
    Byron K. Adams Jr. has left his post as Under Armour Inc.'s senior advisor to Chairman and CEO Kevin Plank, effective Friday, according to a federal filing. Adams was responsible for advising on the Baltimore sportswear maker's digital business "and other related matters," the company said, adding that his departure follows the completion of his work. Adams, 59, has served on the company's board of directors since 2003, and he will remain on the board. He was named Under Armour's chief performance…
  • Judge dismisses Pat Turner's Westport bankruptcy case, clearing way for foreclosure

    Kevin Litten
    21 Nov 2014 | 12:41 pm
    A federal judge on Friday dismissed developer Patrick Turner's bankruptcy case involving the $1.5 billion Westport Waterfront project and handed down a stinging rebuke of Turner's attorneys in a ruling that clears the property for foreclosure. The ruling by U.S. Bankruptcy Court Judge Robert A. Gordon means Turner is out of options in bankruptcy court and will almost certainly lose the South Baltimore property in foreclosure after he stopped making payments on a $30 million loan in 2010. That loan…
  • Inner Harbor ice rink opens with support of local sponsors; no national names

    Sarah Meehan
    21 Nov 2014 | 11:49 am
    The Waterfront Partnership of Baltimore did not secure a national sponsor for the city's ice rink, but the organization did amass a group of local sponsors to support the $250,000 skating venue. The ice rink at McKeldin Plaza opened to the public Nov. 21. Mayor Stephanie Rawlings-Blake and Olympic skater Kimmie Meissner christened the rink Friday morning. Initially the Waterfront Partnership was seeking a national sponsor to front the bulk of the $250,000. No national company came forward, but…
  • Coppin State in the hunt for new president

    Ryan Sharrow
    21 Nov 2014 | 11:33 am
    The University System of Maryland has formed a search committee to help find the next president of Coppin State University. The group of 14 will be chaired by Michael E. Cryor, president of the Cryor Group, a communications firm in Baltimore. Mortimer H. Neufville started a a two-year term as president of the Baltimore university in July 2013 and had been interim president for six months following Reginald Avery's resignation from the presidency. USM's goal is to have a new president named by…
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    Birmingham Business News - Local Birmingham News | Birmingham Business Journal

  • Empire Building could become Marriott Autograph Collection hotel

    Bryan Davis
    21 Nov 2014 | 1:58 pm
    Since downtown's Empire Building was sold in 2012, there's been plenty of speculation about what the future holds for the historic skyscraper that sits at what was once called the "heaviest corner on earth." Now, it appears the 16-story building could become a hotel as part of Marriott's Autograph Collection. That's according to the website of New Orleans-based architecture firm John T. Campo & Associates, which claims the firm is working to convert the historic office building at 20th Street and…
  • Birmingham to host Chinese ambassador to the U.S. in January 2015

    Ryan Phillips
    21 Nov 2014 | 12:56 pm
    The Birmingham International Center recently revealed China as the country for its 2015 Spotlight, and as an added bonus, the Magic City will welcome the Chinese Ambassador to the United States, His Excellency Cui Tainkai. The announcement was made at an event Friday, which was attended by Yang Song, the Consul for Cultural Affairs from the Chinese Consulate General, according to a release from The Birmingham International Center. Many believe the 2015 Spotlight will strengthen ties between the…
  • Jim 'N Nick's, Dinosaur form partnership, look to cut labor costs

    Bryan Davis
    21 Nov 2014 | 12:05 pm
    Birmingham's Jim 'N Nick's Community Bar-B-Q and New York-based Dinosaur Bar-B-Q have formed a business partnership aimed at cutting costs and increasing buying power. AL.com is reporting the two regional Bar-B-Q brands will not be affected by the partnership, but the two will use their new agreement to cut labor and healthcare costs. Jim 'N Nick's currently has 34 restaurants across seven states, six of those in the South and one in Colorado. The Birmingham eatery's co-founder, Nick Pihakis,…
  • What BBVA Compass' Bham city president had to say about future of HQ

    Antrenise Cole
    21 Nov 2014 | 10:01 am
    BBVA Compass Birmingham City President Alan Register spoke about the bank's commitment to keeping its headquarters in the Magic City, during the Urban Land Institute Birmingham's recent panel discussion. Register, who was one of three panelists for the event last week, was asked about a possible headquarters move in the future. Birmingham lost a public company after the bank's holding company was acquired by Spain's Banco Bilbao Vizcaya Argentaria S.A. in 2007. While BBVA Compass Bancshares Inc.…
  • Investors sink $51 million into International Park, Blue Lake Center

    Bryan Davis
    21 Nov 2014 | 9:49 am
    Two of Birmingham's large Class A office buildings in the 280/459 submarket have been sold. Hollywood, Fla-based PointOne Holdings and ESJ Capital Partners came together to acquire International Park and Blue Lake Center for a combined $51 million purchase. The three buildings included in the portfolio total 377,921 square feet, selling for $135 per square foot. "We are extremely excited to be entering the Birmingham market with such high-quality properties as our initial acquisition" said David…
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    Boston Business News - Local Boston News | Boston Business Journal

  • Google: Bostonians searching for My Little Pony, maple bacon chips this holiday season

    David Harris
    23 Nov 2014 | 9:01 pm
    Google (Nasdaq: GOOG) said Monday that Bostonians like searching the web for tablets and e-readers, L.L. Bean boots, Longchamp bags and My Little Pony. The Menlo Park, Calif.-based tech giant said it analyzed Google search trends and polled shoppers using its own survey tools. According to the company, these are the top trending gifts in Boston this year: 1. Tablets and e-­readers 2. L.L. Bean boots ­ 3. Longchamp bags 4. My Little Pony 5. Waltham watches The company, which launched its…
  • Boys & Girls Clubs of Boston turns former Mattapan library into new teen center

    Mary Moore
    21 Nov 2014 | 3:43 pm
    The Boys & Girls Clubs of Boston has turned the old Mattapan Library into a center for teenagers, a $2.6 million project that will serve as many as 250 teens a year. Early this year, after a public process, the City of Boston sold the old Mattapan branch of the Boston Public Library – located at 10 Hazelton St. – to the Boys & Girls Clubs of Boston for $100. The city had closed the Hazelton Street library in 2009 and replaced it with a $16.7 million library elsewhere in Mattapan the same year. Renovations…
  • Man behind Harvard admissions policies lawsuit details reasons for filing

    Mary Moore
    21 Nov 2014 | 11:57 am
    Harvard University was hit with a federal lawsuit this week, alleging that its admissions policies discriminate based on race and ethnicity, particularly against Asian-Americans. Filed in U.S. District Court for Massachusetts by the Students for Fair Admissions, the lawsuit compares Harvard's treatment of Asian-American applicants today to the way it considered Jewish applicants years ago. And it suggests ways Harvard could go about creating racial and ethnic balance in its student population, including…
  • On the move: Recent hires in Mass. tech at CarGurus, Wanderu, True Fit and more

    David Harris
    21 Nov 2014 | 11:31 am
    The following is a summary of recent hiring news in the Mass. tech world. CarGurus, a Cambridge-based auto shopping website, said Sam Zales has joined the company as president of international and dealer operations. Zales will oversee international expansion and worldwide dealer sales, reporting to CarGurus CEO Langley Steinert. Prior to joining CarGurus, Zales was CEO of ClickSquared, a marketing software company that was acquired by Zeta Interactive in January. He has also led fast-growth Boston-based…
  • Merrimack Pharmaceuticals to begin application for approval of pancreatic cancer drug

    Don Seiffert
    21 Nov 2014 | 11:26 am
    Merrimack Pharmaceuticals plans to start submitting parts of its application for approval of its promising drug to treat pancreatic cancer before the end of the year after that drug earned fast-track designation from U.S. regulators. The news this week out of the Cambridge biotech helped spur a 9 percent share-price hike over the course of the week to $9.12 as of 2 p.m., just shy of the company's recent high last month. That stock surge was thanks in part to a $100 million license deal for the drug…
 
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    Buffalo Business News - Local Buffalo News | Business First of Buffalo

  • Barberio talks about the rewards and tribulations of being an angel investor in Buffalo

    Dan Miner
    23 Nov 2014 | 11:22 pm
    Mark Barberio definitely has a plan. His model: You spend a few years getting educated, from 20 to 30 years earninga living and then the rest of your life giving back. Having been hugely successful in the first two segments of that model, it's time for the third. Barberio's "retirement" involves starting a foundation and a consulting business, teaching classes at the University at Buffalo and Rochester Institute of Technology and becoming an angel investor with a focus on Buffalo- and Rochester-based…
  • Daemen’s visual effects program struggles to attract students

    Dan Miner
    23 Nov 2014 | 10:11 pm
    Daemen College's year-old certificate program in visual effects has been a hit amongst industry employers, with state-of-the-art facilities and a hands-on training program that has few rivals. Empire Visual Effects is hiring many of the Daemen students who graduate and is hungry for more. Everything about the arrangement, supported by a $4.5 million state grant that's part of Gov. Andrew Cuomo's "Buffalo Billion" initiative, has been working great. Except for one big thing: There are barely any…
  • Shovel Brigade attracts 200 volunteers for Saturday cleanup

    Tracey Drury
    21 Nov 2014 | 12:17 pm
    South Buffalo: Help is on the way. A small army of more than 200 volunteers have signed up to participate Saturday in a shovel brigade aimed at helping dig out homes and cars from more than five feet of snow. Organized in less than 24 hours through a Facebook event, volunteers by the dozens have signed up to bring shovels, snowblowers and muscle to the job, giving tired homeowners a break from the back-breaking work of shoveling out from Winter Storm Knife. The response so far has been massive,…
  • Cuomo leads three-hour tour of snowy South Buffalo and Southtowns

    James Fink
    21 Nov 2014 | 11:54 am
    Shortly after noon today, Gov. Andrew Cuomo and an entourage of local leaders, media and National Guardsmen came face-to-face with, perhaps, one of the most human aspects of this week's winter storm. It came in the form of five-foot, five-inch Stacey Pettigrew, an aide in a state-run group home for the disabled along Big Tree Road, maybe a long pass from Ralph Wilson Stadium. Pettigrew's eight-hour shift was supposed to end Monday evening, but the storm trapped her and the home's four residents…
  • VSP is a ‘complete loss’ after roof collapse

    Tracey Drury
    21 Nov 2014 | 11:39 am
    VSP Marketing Graphics Group has suffered significant losses at its West Seneca corporate marketing facility following a roof collapse Thursday. Trace George, owner of the marketing company, said heavy snow caused the cave-in, which led to broken water lines that affected its entire production equipment facility. Damages are estimated at between $800,000 and $1 million, he said. The losses include at least half-a-dozen large-scale printers valued at more than $500,000, as well as major structural…
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    Charlotte Business News - Local Charlotte News | Charlotte Business Journal

  • Former Charlotte mayor calls for action in Congress

    Erik Spanberg
    23 Nov 2014 | 2:45 pm
    Welcome to AASHTO, land of transportation acronyms and acolytes. As in the American Association of State Highway and Transportation Officials, a Washington-based trade group. Clunky, did you say clunky? I ask you: What rolls off the tongue better than American Association of State Highway and Transportation Officials? Whenever AASHTO, the Lollapalooza of transportation conferences, is in the neighborhood, make it a priority. This weekend, Charlotte hosted the annual conference, which — follow…
  • Bill Cosby still scheduled to perform in Charlotte

    Erik Spanberg
    21 Nov 2014 | 3:23 pm
    Based on news surrounding Bill Cosby during the past week, it's hard to imagine people lining up to see him perform. For the moment, though, the comedian and sitcom star remains scheduled for two shows at the Belk Theater in Charlotte on Feb. 22. Tickets for the shows cost $45 to $65. Tom Gabbard, president of Blumenthal Performing Arts, told me this week, "To the best of our knowledge, the promoter plans to continue as announced." He said an outside promoter is handling the event and rented the…
  • PNC Bank gives top company honor to Charlotte's Rhondale Haywood

    Adam O'Daniel
    21 Nov 2014 | 1:19 pm
    Charlotte investment adviser Rhondale Haywood has earned PNC Bank's top honor for employee achievement. The PNC Performance Award, the highest recognition given to employees by The PNC Financial Services Group Inc., was presented to eight individuals this year, out of 54,000 employees. The award program, now in its 22nd year, cites PNC employees who "demonstrate a pattern of significant achievement and deliver a consistent level of extraordinary performance," the bank says. Haywood has been an…
  • Clean energy and grass-fed lamb to be produced at Rockwell Solar site

    John Downey
    21 Nov 2014 | 12:56 pm
    Sustainability was the word of the day on Friday as solar developer Joel Olsen celebrated the start of O2 Energies' latest project, a 4.5-megawatt solar farm in Rowan County. The $10 million project is being built on 20 acres owned by the Weant family. The power will be sold to Duke Energy for about 7 cents per kilowatt-hour — less than the roughly 10 cents per kilowatt-hour residential customers pay. T&D Farms of China Grove will graze sheep and cows on the property, with the grass-fed lamb…
  • Aptar named Industry of the Year in Lincoln County

    Ken Elkins
    21 Nov 2014 | 12:37 pm
    Aptar Lincolnton is the Lincoln Economic Development Association's 2014 Industry of the Year. LEDA presented the award to company executives during the association's annual banquet, held Thursday. "Aptar has certainly set a positive example of what corporate responsibility is all about," says Bo King, chair of the LEDA board of directors. Aptar executives have worked on educational projects for the local Industrial Manager's Association. The company also has supported the Child Advocacy Center,…
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    Cincinnati Business News - Local Cincinnati News | Business Courier of Cincinnati

  • EXCLUSIVE: Cincinnati investor buys Carew Tower

    Tom Demeropolis
    21 Nov 2014 | 1:59 pm
    Carew Tower, one of Cincinnati's most iconic buildings, has a new owner. Greg Power, a Cincinnati native and commercial real estate broker and investor, purchased Belvedere Corp., the local real estate company whose most significant holding is the Carew Tower complex at the corner of Fifth and Vine streets. Financial terms of the agreement were not disclosed. "The Carew Tower Complex is one of the most unique and special properties in the country, and a jewel in Cincinnati's crown," Power said…
  • Are city leaders trying to block East Side commuter rail?

    Chris Wetterich
    21 Nov 2014 | 12:33 pm
    City Manager Harry Black asked that legislation that would have preserved the Wasson Way rail line for both a bike trail and a future commuter rail be removed from the Cincinnati Planning Commission's agenda on Friday morning. The move has sparked concerns from the planning commission's chairman, Caleb Faux, and others that Mayor John Cranley, through Black, is seeking to block rail from the corridor before a serious discussion about it even begins. But Cranley said he only wants more time for…
  • EXCLUSIVE: Fast-growing engineering firm relocating headquarters

    Tom Demeropolis
    21 Nov 2014 | 11:56 am
    BSI Engineering Inc., one of the fastest growing private companies in Greater Cincinnati for the past five years, is moving its headquarters to Sharonville from Blue Ash. The full-service consulting and design engineering firm signed a six-year lease for about 21,000 square feet of space at Summit Woods II, located at 300 E Business Way. Dan Prickel, chief financial officer for BSI Engineering, said he can't calculate what the move will do for the company in terms of employee attraction and retention…
  • Here's how Cincinnati doctors reduced false alarms for patients

    Barrett J. Brunsman
    21 Nov 2014 | 11:00 am
    Researchers at Cincinnati Children's Hospital Medical Center figured out how to reduce false alarms on patients' heart monitors by nearly 80 percent, which could help save lives. The process developed at the hospital based in Avondale reduced the median number of daily cardiac alarms from 180 to 40. The researchers developed a standardized care process for monitors on the 24-bed pediatric bone marrow transplant unit at Cincinnati Children's. The project included daily replacement of electrodes…
  • Here's the holiday edition of I Spy Cincinnati

    Hannah McCartney
    21 Nov 2014 | 10:43 am
    Welcome to a brand new week of I Spy Cincinnati! Next week's a nice short holiday week, but since I Spy Cincinnati isn't technically work, it's not taking a holiday either. Will you be the first to ID this Cincinnati landmark? If so, hurry up and send me your guess so you can join the Business Courier I Spy Cincinnati Hall of Fame and receive a cool gift we've curated just for you — a sturdy catch-all to toss in your car. If you're not ready to guess yet, check back on Monday and every day next…
 
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    Columbus Business News - Local Columbus News | Business First of Columbus

  • REIT pays $33.5M for Franklin County distribution centers

    Brian R. Ball
    21 Nov 2014 | 12:11 pm
    A Boston-based REIT has slid into the Columbus market with the purchase of three fully leased distribution centers in Franklin County for a combined $33.5 million as part of a broader expansion strategy. Plymouth Industrial REIT purchased the 520,514-square-foot distribution center at 3500 Southwest Blvd. in Grove City for $20 million and the 3100 Creekside Pkwy. for $11.5 million. It also purchased the 54,100-square-foot 7001 Americana Pkwy. for $2 mllion. Plymouth REIT President Pendleton White…
  • Cardinal Health, Henry Schein join to get medical supplies in doc offices

    Carrie Ghose
    21 Nov 2014 | 11:21 am
    Cardinal Health Inc.'s $300 million business selling medical supplies to physician practices is to be acquired by Henry Schein Inc. in a collaboration expected to increase sales for both distributors, the companies said Friday. Melville, New York-based Henry Schein (NASDAQ:HSIC) is the largest supplier to medical and dental offices – a market Dublin-based Cardinal (NYSE:CAH) has been trying to better penetrate. It commits to buy Cardinal's branded medical supplies and use it as a primary source…
  • Bank-regulator relationship under fire in Senate hearing

    Evan Weese
    21 Nov 2014 | 10:12 am
    The relationship between megabanks and their regulators came under fire Friday at a Senate hearing chaired by Sen. Sherrod Brown, D-Ohio, who chairs the Financial Institutions and Consumer Protection Subcommittee. The hearing came as Congress questions the Federal Reserve's policing of Wall Street in light of reports that oversight continues to be lax even after the U.S. financial crisis. Reports this fall suggested JPMorgan Chase & Co.'s $6 billion "London whale" trading loss could have been avoided…
  • Ohio unemployment hits post-recession low in October

    Evan Weese
    21 Nov 2014 | 10:02 am
    Ohio's jobless rate reached a post-recession low 5.3 percent in October, according to estimates released Friday by the Ohio Department of Job and Family Services. A survey of business payrolls suggests not much changed from September to October, but a separate survey of households shows notable improvement. "The household survey is telling us that 93,000 more people are employed than was the case this time a year ago, but the increase in the number of jobs (per the payroll survey) within the state…
  • Which Ohio cities have the most-expensive homes for sale? – COUNTDOWN

    Laura Newpoff
    21 Nov 2014 | 9:14 am
    Central Ohio is home to six of the top 10 cities in Ohio with the most-expensive homes for sale, including No. 1. That's according to Coldwell Banker which recently analyzed 2,000 towns and cities and ranked them by the average listing prices of four-bedroom, two-bathroom homes. The No. 1 most-expensive market nationally for home buyers is Los Altos, California, where the average listing price was $1.96 million. Cleveland was the most affordable market at $64,993. Click on the slideshow to see…
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    Dallas Business News - Local Dallas News | Dallas Business Journal

  • Envoy will lose aircraft as American Airlines scales back, outsources

    Nicholas Sakelaris
    21 Nov 2014 | 3:47 pm
    Envoy Air will lose at least 50 Embraer 145 jets as American Airlines shifts its regional aircraft to other carriers, the Dallas Morning News reported. At least 20 of the 50-seat aircraft will go to Piedmont Airlines, which is owned by Fort Worth-based American (Nasdaq: AAL), the newspaper reported. The remainder will be outsourced to other carriers. Kenji Hashimoto, senior vice president of American, said in a letter to employees that Envoy Air doesn't have enough pilots to fly the planes. The…
  • Exxon Mobil Corp.'s chemical company will get a new president in 2015

    Nicholas Sakelaris
    21 Nov 2014 | 3:39 pm
    Stephen Pryor will retire at the end of the year as president of the ExxonMobil Chemical Co. and vice president of Exxon Mobil Corp. He's been with the Irving-based company and it's predecessor, Mobil, for 44 years, working everywhere from Cyprus and the United Kingdom to New Zealand and Asia. Sign up for the free Energy Inc. Texas newsletter here and get the multistate Who's Who in Energy 2014 publication free. Pryor, 64, joined Exxon in 1971. The New York City native earned a bachelor's degree…
  • Diana Frazier spreads the word about oil and gas careers for women

    Nicholas Sakelaris
    21 Nov 2014 | 2:12 pm
    Diana Frazier will talk oil and gas anytime, anywhere. The president of the Women's Energy Network in North Texas speaks with passion about the industry and the role more women are playing in it. "I truly fell in love with oil and gas," the Texas Christian University graduate said. "It's something that's so important to America to relieve our dependence on foreign hydrocarbons. To be able to a part of bringing things back to America, using American goods and providing American jobs is very important…
  • The good, bad and ugly of Obamacare for small business

    Bill Hethcock
    21 Nov 2014 | 1:58 pm
    Republican gains in the U.S. Senate could spawn a redefinition of who qualifies as a full-time worker under the Affordable Care Act, reducing the number of companies to which Obamacare applies and the number of employees to whom companies are required to offer health insurance coverage, a specialist on the act said Friday in Dallas. But don't expect wholesale changes to the health care law — at least not anytime soon. Under Republican legislative leadership, the definition of full time could…
  • It's official: Boeing loses out to Airbus in massive Delta deal

    Sarah Aitchison
    21 Nov 2014 | 1:50 pm
    Boeing's loss of a 50-plane deal to Airbus became official Thursday after an announcement from Delta Air Lines. Delta ordered 50 wide-body planes from Airbus to replace the older generations of Boeing's 747 or 767 planes. The two companies had been competing for the deal since March, said aviation analyst Scott Hamilton, who originally reported that Airbus had won the deal earlier this week. Delta will start using Airbus' A350-900 and A330-900neo in 2017 and 2019, respectively. Delta operates…
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    Dayton Business News - Local Dayton News | Dayton Business Journal

  • Dayton-area defense firm loses $40M VA contract

    Joe Cogliano
    21 Nov 2014 | 1:25 pm
    Monterey Consultants Inc. — which has been fighting to keep two VA contracts worth a combined $80 million — has lost one of those deals. The U.S. Department of Veterans Affairs pulled its $40 million contract to Washington Township-based Monterey to manage the process of getting veteran-owned small businesses verified, according to the Washington Business Journal, an affiliated publication. ( Click here to read the full report.) The report says the VA will re-evaluate a proposal from a company…
  • Dayton's Midtown developer seeks input on project

    Olivia Barrow
    21 Nov 2014 | 12:44 pm
    The developer for the proposed $75 million Midtown project at the Montgomery County fairgrounds is looking for public input on the type of tenants the center should attract as the deal gets closer to reality. Miller-Valentine Group is conducting an online survey to gauge what kind of retail and restaurant tenants nearby residents and workers want at the site. The survey offers interested parties a chance to make their voice heard about how the area should be developed. Joo said the most helpful…
  • Lockheed Martin, Air Force scolded over C-5 program

    Joe Cogliano
    21 Nov 2014 | 12:34 pm
    The U.S. Air Force and Lockheed Martin have been reprimanded over the C-5 upgrade program, which has ties to Wright-Patterson Air Force Base. A report released this week by the Department of Defense Inspector General says four of six allegations called into a hotline in May 2013 were legitimate. That includes the Air Force failing to discourage Lockheed Martin from providing problem parts and that the Air Force spent its own money to fix the problems. The C-5 is a large cargo plane, which has been…
  • Decision paves way for early use of $1B intel contract at Wright-Patt

    Joe Cogliano
    21 Nov 2014 | 11:57 am
    The federal government has shot down a protest of the new National Air and Space Intelligence Center support contract, paving the way for it to be used quicker than expected. In less than six weeks, the U.S. Government Accountability Office dismissed the complaint by Reston, Va.-based SOS International Ltd. The company, which has an office in Beavercreek, filed a protest because it was left off ATEP II, an eight-year, $960 million deal to support NASIC at Wright-Patterson Air Force Base. ATEP II…
  • Thompson Hine puts focus on LGBT equality to recruit top talent

    Olivia Barrow
    21 Nov 2014 | 11:51 am
    Dayton's largest law firm is ranked among the most inclusive firms in the state for LGBT equality for the third year in a row, and uses that to recruit top talent. Thompson Hine LLP, based in Cincinnati, but with an office at Austin Landing, received a perfect rating of 100 percent in the Human Rights Campaign's Corporate Equality Index for 2015, along with 12 other Ohio-based companies. The index ranks companies according to their hiring, retention and promotion practices and their health benefits…
 
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    Denver Business News - Local Denver News | Denver Business Journal

  • DBJ Dine-N-Drink Madness: Final day to vote for Colorado's best food or beverage brand (Slideshow)

    Caitlin Hendee
    23 Nov 2014 | 9:41 am
    Weeks of head-to-head battles and nearly 16,000 votes later, it's the finishing lap for the two brands who came out on top as division winners in Dine-N-Drink Madness. And of the more than 1,600 votes that have come in for the championship round alone, one thing is abundantly clear: It's still anyone's game. As it stands Sunday morning, LaMar's Donuts & Coffee, the division winner for the food brands, has 47.4 percent of the votes. Beverage brand winner Avery Brewing Co. holds the lead with 52.6…
  • Roan Plateau agreement: What they’re saying

    Cathy Proctor
    21 Nov 2014 | 3:02 pm
    The years-long legal battle over oil and gas operations on and around the Roan Plateau in western Colorado was watched closely by the oil and gas industry as well as environmental groups. A settlement agreement was announced Friday allowing some drilling on top of the plateau while canceling federal oil and gas leases on about 90 percent of the plateau, which is prized for its wildlife scenic vistas, and the natural gas locked in its rocks. Here's what some are saying about the agreement: U.S.…
  • Roan Plateau settlement allows some drilling; cancels other leases

    Cathy Proctor
    21 Nov 2014 | 1:58 pm
    Oil and gas drilling rigs could be working on and around the Roan Plateau in Western Colorado in two to four years following an agreement to settle a long-running legal battle, unveiled Friday. The settlement — which the Denver Business Journal reported was in the works in October— was announced in a news conference at the Colorado Capitol attended by Gov. John Hickenlooper, U.S. Interior Secretary Sally Jewell and other federal and state officials. The plateau, which soars thousands of feet…
  • Organizers of first marijuana credit union confident they'll get insurance, access to Fed

    Heather Draper
    21 Nov 2014 | 1:58 pm
    The attorneys representing Colorado's first financial institution created for the marijuana industry are confident they'll get the insurance and master account from the Federal Reserve they'll need to provide services for legal marijuana businesses in the state. Attorneys Doug Friednash, a shareholder at Brownstein Hyatt Farber Schreck, and Mark Mason, who has his own law firm in South Carolina, got a charter approved by the state on Wednesday for Fourth Corner Credit Union. Marijuana remains a…
  • Earls' downtown Denver location reopens after $4 million renovation

    Ed Sealover
    21 Nov 2014 | 1:41 pm
    Earls Kitchen + Bar has finished a $4 million renovation of its downtown Denver location — a major investment for a restaurant that is just seven years old aimed at reinforcing its appeal to business leaders and conventioneers and increase weekend traffic. The popular restaurant closed on Aug. 18 and reopened its upstairs bar and eating area on Thursday, about one month after it reopened its downstairs dining room. The renovations began after it closed its Cherry Creek location in June. O wners…
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    Greensboro Business News - Local Greensboro News | The Business Journal of the Greater Triad Area

  • LabCorp completes buyout of Raleigh's LipoScience

    Jason deBruyn
    21 Nov 2014 | 12:08 pm
    Laboratory Corporation of America Holdings completed its acquisition of Raleigh's LipoScience Inc, buying the Raleigh company for less than half its peak value. On Sept. 25, LipoScience (Nasdaq: LPDX) announced it agreed to sell to Burlington-based Laboratory Corporation of America (NYSE: LH) for $5.25 per share, a deal with an enterprise value of $63 million. On Jan. 25, 2013, the company went public with an initial offering price of $9 and saw shares increase to more than $11, giving it a market…
  • Fresh Market boosts profit, sales in third quarter

    Catherine Carlock
    21 Nov 2014 | 12:05 pm
    Greensboro-based specialty grocer The Fresh Market Inc. reported third quarter net income of $14.9 million, up nearly 35 percent from $11.1 million a year prior, and sales of $419.5 million, up 15.1 percent from sales of $364.5 million in the year-ago period. Comparable same-store sales, a key metric of retail performance, grew 3 percent from the same quarter a year ago to just over $350 million. "We benefited from our efforts to drive customer traffic and grow basket size in a more competitive…
  • Here's what BB&T analysts think about VF Corp.

    James Ritchie
    21 Nov 2014 | 12:00 pm
    BB&T Capital Markets analysts have begun coverage of VF Corp., maker of The North Face, Wrangler and other apparel brands, and they sound bullish. The company has given VF (NYSE: VFC) a "buy" rating and an $82-per-share price target. As of mid-afternoon Friday, shares of the Greensboro-based clothing company were trading at $73.62, and over 52 weeks they've ranged from $55.14 to $74.35. "Long term, we are positive on management, superior execution, and cash generation," writes Corinna Freedman,…
  • Triad apartments sell for $9.8M

    Catherine Carlock
    21 Nov 2014 | 10:20 am
    A Connecticut-based private investment group has bought the 144-unit Sedgefield Apartments complex in Winston-Salem for $9.8 million. An entity managed by Greenwich, Conn.-based Starwood Capital Group LLC on Oct. 30 closed on the apartment purchase from a group managed by Boston-based Berkshire Property Advisors LLC, according to a Forsyth County deed. Berkshire Property Advisors had owned the complex, at 4755 Country Club Road, since January 2008, when the real estate investment management company…
  • Yadkin Riverkeeper prepares for continued growth with leadership change

    Owen Covington
    21 Nov 2014 | 8:34 am
    The Yadkin Riverkeeper, a water quality watchdog nonprofit that focuses on the Yadkin River basin in the western Triad, has been busy. It was called into action following the recent high-profile coal ash spill along the Dan River in Rockingham County. The Winston-Salem-based nonprofit continues to be involved in legal actions related to the impact of the Alcoa plant along the Yadkin and to sewer discharges by the city of Thomasville into the Yadkin. Then there are new water quality concerns reported…
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    Honolulu Business News - Local Honolulu News | Pacific Business News of Honolulu

  • ​Top HECO executive retiring in January 2015

    Duane Shimogawa
    23 Nov 2014 | 7:23 pm
    Dan Giovanni, who spent nearly three decades as a consultant or employee at Hawaiian Electric Co., most recently as its senior vice president of operations, is retiring early next year, according to a letter from the company's president and CEO to employees and others that was obtained by PBN. Giovanni, whose last day with HECO is January 9, has a total of 42 years of experience in the electric power industry. Alan Oshima, president and CEO of HECO, said in the letter that Giovanni has been a strong,…
  • American Savings Bank to build a new headquarters near Downtown Honolulu

    Duane Shimogawa
    23 Nov 2014 | 6:01 pm
    American Savings Bank plans to build a new corporate campus near Downtown Honolulu that will serve as its new Hawaii headquarters, bringing together 600 of its employees from around the island, including its top executives, in a 100,000-square-foot building, the company's top executives told PBN. The Honolulu-based bank, which is a subsidiary of Hawaiian Electric Industries Inc. and sister company to Hawaiian Electric Co., is buying the 62,595-square-foot parcel at 230 N. Beretania St., just outside…
  • Waikiki sets new September hotel occupancy record

    Jason Ubay
    21 Nov 2014 | 7:58 pm
    Waikiki set a new occupancy record of 87.5 percent for the month of September, a 1.4 percentage-point rise from the same a month in 2013 according to data released by Hospitality Advisors LLC and STR Inc. During the month, Waikiki had an average daily rate of $216.15, a 5.8 percent gain from the year before, and a revenue per available room of $189.13, a 7.5 percent increase. Oahu hotels performed well due to a 4.5 percent increase in visitor arrivals and a 9.9 percent gain in honeymoons and 4.1…
  • Air Canada rouge flies first flight to Hawaii

    Jason Ubay
    21 Nov 2014 | 7:16 pm
    Air Canada rouge, the low-fare subsidiary of Air Canada, launched its first flight from Vancouver to Honolulu on Friday, with a scheduled arrival of 9:40 p.m. Air Canada rouge will begin flying a Vancouver to Kahului, Maui, flight starting in December. Both flights, which use Boeing 767 aircraft, have an air seat capacity of 280 passengers, and will fly seasonally from November 2014 through April 2015. A Toronto to Honolulu route also is expected to begin flying in November and will operate twice…
  • Hawaii Thanksgiving dinners are most expensive to prepare, NerdWallet says

    Bill Cresenzo
    21 Nov 2014 | 6:33 pm
    The city of Hilo on the Big Island of Hawaii is the most expensive place in the U.S. to prepare a Thanksgiving meal in the country and Honolulu ranks second, according to consumer financial website NerdWallet. The site says a survey from the American Farm Bureau Federation found that the national average cost of a Thanksgiving meal for 10 is $49.41. The meal includes a turkey, stuffing, sweet potatoes, rolls with butter, peas, cranberries, a relish tray of carrots and celery, pumpkin pie with whipped…
 
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    Houston Business News - Local Houston News | Houston Business Journal

  • Popular seafood restaurant plans expansion in The Woodlands

    Nora Olabi
    21 Nov 2014 | 2:14 pm
    After more than two years in Houston, the popular Mexican seafood restaurant La Fisheria will open its second Houston-area location in The Woodlands. La Fisheria signed a lease in The Woodlands and is expected to open in April at 6777 Woodlands Parkway, according to the Houston Chronicle. Beatriz Martines will be promoted from sous chef to chef at The Woodlands restaurant, but the menu and recipes will continue to come from chef and former TV star Aquiles Chavez, the Chronicle reported. Last year,…
  • CenterPoint CEO touts Houston electricity project moving forward

    Jordan Blum
    21 Nov 2014 | 2:13 pm
    CenterPoint Energy Inc. (NYSE: CNP) President and CEO Scott Prochazka said he is pleased its "Houston Import Project" is moving forward despite continued opposition from two of the region's power generators. Prochazka said the project to provide the Houston-area homes and businesses with more long-term electricity capacity is on track to be built by late 2017 or early 2018 if everything goes as planned now that the Public Utility Commission of Texas has unanimously declined complaints by NRG Energy…
  • Houston HVAC heir sentenced in DUI manslaughter retrial

    Olivia Pulsinelli
    21 Nov 2014 | 2:01 pm
    John Goodman, founder of a high-profile Florida polo club and son of the founder of Houston-based Goodman Global Group Inc., has been sentenced to 16 years in prison following the guilty verdict in his retrial last month, the Palm Beach Post reports. That's the same sentence he received in 2012 before his retrial was granted. In both trials, he was found guilty of DUI manslaughter and vehicular homicide, with "failure to render aid" included on both counts. Goodman was charged after his Bentley…
  • Apache to cut spending next year

    Olivia Pulsinelli
    21 Nov 2014 | 12:57 pm
    Houston-based Apache Corp. (NYSE: APA) plans to reduce its 2015 North American onshore budget by $1.4 billion, according to reports. Apache pegged the 2015 figure at $4 billion, down from its 2014 North American onshore budget of $5.4 billion. However, the company expects to exceed this year's budget, possibly ending the year at $6.5 billion, Reuters reports. And it expects a 12 percent to 15 percent increase in oil and natural gas liquids output in North America next year, after adjusting for…
  • After Houston launch of banking group, KeyBanc aims to bulk up other sectors

    Suzanne Edwards
    21 Nov 2014 | 12:56 pm
    After KeyBanc Capital Markets Inc., the corporate and investment banking arm of Cleveland-based KeyCorp.(NYSE: KEY), launched its Houston corporate banking group Nov. 20, Jeff Geuther, the group's new managing partner, discussed the group's strategy and growth targets for 2015. The new group will oversee business in the Southwest region of the U.S. Why did KeyBanc decide to bring this corporate banking group to Houston now? It's part of a growth initiative to expand their corporate banking business…
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    Jacksonville Business News - Local Jacksonville News | Jacksonville Business Journal

  • Florida retailers looking to outshine national gains this holiday season

    Andrew Thurlow
    21 Nov 2014 | 11:54 am
    The Florida Retail Federation is forecasting a 5 percent increase in sales during the holiday season – outpacing the National Retail Federation prediction of a 4.1 percent increase over last year. In a recent report, Florida Retail named several key economic indicators that have retailers preparing for an active holiday shopping season. Consumer spending, which accounts for about 75 percent of Florida's gross domestic product, is the engine that drives the states economy, FRF President and CEO…
  • Who does Jacksonville trade the most with?

    Jensen Werley
    21 Nov 2014 | 11:53 am
    When it comes to shipping freight from Jacksonville, the city doesn't send it that far. When looking at trade flows (imports plus exports) for the city by dollar value of all commodities between Jacksonville and its trade partners, Orlando is the biggest partner, with over $4.1 billion in trade, according to a study by the Brookings Institution. Jacksonville has a total trade value of $77 billion, and most of its top trade partners by value are all in the Southeast U.S. The city trades just over…
  • Chatting with Executive Chef Tom Gray as Moxie turns 1 year old

    Andrew Thurlow
    21 Nov 2014 | 11:30 am
    A year ago, Chef Tom Gray was putting the finishing touches on Moxie Kitchen + Cocktails, staring down the deadline of Black Friday, when he hoped to be serving lunch to the throngs of shoppers descending on the St. Johns Town Center. If everything didn't come together in the kitchen, said the chef, who has been named one of the best in America, customers could at least get a drink. "We'll just open up the bar," Gray joked. "Come in for martinis." But they made that deadline— and in the 12 months…
  • Jacksonville credit union mergers sign of larger M&A trend

    Colleen Michele Jones
    21 Nov 2014 | 11:11 am
    The economic climate is ripe for banks using mergers and acquisitions as a growth vehicle — as evidenced by the many credit union deals the Business Journal has written about in recent months. According to a recent survey of top banking officers conducted by industry organization Banking Director, two-thirds of respondents see a favorable market for M&As, now and going into 2015. In fact, 47 percent of the bank CEOs, senior officers and board members interviewed said they planned to purchase a…
  • Carnival shows promising results in sustainability report

    Jensen Werley
    21 Nov 2014 | 10:10 am
    Carnival Corp. says it's reducing its carbon dioxide emissions and increasing workforce diversity, according to its most recent sustainability report. The Miami-based cruise line, which sails its Fascination ship from the port of Jacksonville, issues the report every two years. Results found that the company is reducing CO2 emissions by 20 percent from its 2005 baseline, 20 percent of the company's ships are equipped with shore power connection plug-ins and water use per person per day has decreased…
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    Kansas City Business News - Local Kansas City News | Kansas City Business Journal

  • Business Journal salutes 2014 award winners

    Brian Kaberline
    21 Nov 2014 | 1:03 pm
    The cream of the local business community gathered at the top of the InterContinental Kansas City at the Plaza on Thursday afternoon for the Kansas City Business Journal's Winner's Circle reception. The Winner's Circle is a gathering of companies and people who have been honored in the Business Journal's various awards programs this year, including Healthiest Employers, Capstone Real Estate Awards, Champions of Business, CFO of the Year, Women Who Mean Business, Best Places to Work, ImpacT Awards…
  • Boulevard, Mars power CRB's growing engineering niche

    Austin Alonzo
    21 Nov 2014 | 1:02 pm
    CRB Consulting Engineers Inc. is growing in a tasty new sector: food and beverage work. The Kansas City-based engineering firm is helping Kansas City's Boulevard Brewing Co. expand its production capabilities with its work on the brewer's $12 million Cellar Five project. CRB is providing engineering, architecture and pre-construction services. The project will boost production capacity by 40 percent. Charles Jabara, a senior project manager at CRB, is leading the firm's work on the Cellar Five…
  • U.S. Bank plans to hire 3,000 nationwide

    James Dornbrook
    21 Nov 2014 | 12:26 pm
    Richard Davis, CEO of U.S. Bancorp, announced the company plans to hire 3,000 new employees in 2015, boosting its overall employment to about 69,000. Davis said most of the jobs will be in compliance and auditing, the Minneapolis/St. Paul Business Journal reports. There was no information about the potential impact of the hiring spree here in the Kansas City area. U.S. Bank already has a major presence in the Kansas City area, with 1,700 employees. The company added about 1,000 new employees in…
  • 3 business consequences from Obama's immigration plan

    Brianne Pfannenstiel
    21 Nov 2014 | 12:23 pm
    President Barack Obama announced sweeping changes to immigration policy Thursday night. Jeff Bell, an attorney at Polsinelli PC with a focus on immigration and labor and employment, provides a breakdown of some provisions and how they could affect your company. 1. Employers may have new administrative issues Obama's plan includes granting deferred-action status to as many as 5 million people already in the United States. "A lot of those people are already working for employers in the U.S.," Bell…
  • AIA KC recognizes local achievements at 2014 Design Excellence Awards

    Austin Alonzo
    21 Nov 2014 | 12:04 pm
    The Kansas City chapter of the American Institute of Architects has picked the eight best projects designed by area architects. AIA Kansas City's Design Excellence Awards, presented on Nov. 14, recognized projects in three categories: general design excellence, sport venue design and people's choice. General Design Excellence The design excellence category recognizes general projects demonstrating exemplary skill and creativity with a strong sense of place, ecology, environmental sustainability,…
 
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    Los Angeles Business News - Local Los Angeles News | Los Angeles Business from bizjournals

  • Flick picks: ‘Mockingjay’ sings unhopeful tune

    Annlee Ellingson
    21 Nov 2014 | 4:24 pm
    None of the "Hunger Games" movies, not even the first one, has ended with any sense of finality. Sure, Katniss and Peeta may have outsmarted President Snow with a handful of toxic berries in the first film, ensuring they'd both survive the televised fight to the death, but the very ruse that saved them — that they were in love — meant that at the very least they'd be living a lie for the rest of their days. And Katniss may have escaped the arena, again, in "Catching Fire," only to discover she…
  • Wesco Aircraft profits miss forecasts, CFO to resign

    21 Nov 2014 | 1:08 pm
    Aerospace parts supplier Wesco Aircraft Holdings Inc. posted a 18 percent fall in profits for its fourth quarter despite a revenue surge and said Chief Financial Officer Gregory Hann plans to retire. Valencia-based Wesco(NYSE: WAIR) said earnings for its quarter ended Sept. 30 decreased to $24.65 million, or 25 cents per share, from $29.97 million, or 31 cents per share, in the year-ago period. Earnings excluding one-time items was 30 cents per share, lower than the 37 cents per share expected by…
  • SEC suspends trading in 2 SoCal Ebola-related companies

    21 Nov 2014 | 1:03 pm
    The U.S. Securities and Exchange Commission is warning investors of possibly fraudulent claims made by small companies about products used to test or treat the deadly Ebola virus and has suspended trading in four such companies, including two in Southern California. The SEC suspended trading in the over-the-counter stocks of Monrovia-based Immunotech Laboratories Inc. (OTC Pink: IMMB) and Anaheim-based Wholehealth Products Inc. (OTC: GWPC), along with Bravo Enterprises Ltd., based in Patchogue,…
  • Wet Seal names Hillebrandt as interim CFO

    21 Nov 2014 | 11:42 am
    Teen clothing retailer The Wet Seal Inc. has named Thomas R. Hillebrandt as interim chief financial officer, effective Dec. 1. Hillebrandt has been vice president and corporate controller at Wet Seal(Nasdaq: WTSL) since September 2013, said the Foothill Ranch-based company. He replacing Steven H. Benrubi as CFO, who announced his resignation in October after nine years with the company. Before joining Wet Seal, Hillebrandt was vice president of finance/IT for apparel retailer The Territory Ahead.…
  • Box-office preview: 'Mockingjay' to fly to year's biggest bow

    Annlee Ellingson
    21 Nov 2014 | 9:10 am
    2014's flagging box office is about to get a big shot of adrenaline. Launching in a market-saturating 4,151 theaters, "The Hunger Games: Mockingjay — Part 1" is aiming at $150 million in domestic ticket sales this weekend. Even if the third installment in Lionsgate's dystopian YA franchise doesn't hit that threshold, it will surely dwarf the year's previous record-holder "Transformers: Age of Extinction," which claims the best opener so far with $100 million. The first "Hunger Games" debuted to…
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    Louisville Business News - Local Louisville News | Business First of Louisville

  • Ever wonder how chefs like to relax during their odd off hours?

    Caitlin Bowling
    21 Nov 2014 | 1:45 pm
    Restaurant employees often work odd hours. Sure, they get to go into "the office" later in the day, but they also often work until late in the evening or the wee hours of the morning. And they usually work on the weekends. Knowing that their schedules are offbeat, Business First asked the eight millennial chefs we are profiling what they like to do to relax during their time off. (An apropos question as we head into the weekend.) This is the fourth in a series of blog posts leading up to Business…
  • Fitness company expands in America Place

    Marty Finley
    21 Nov 2014 | 1:36 pm
    A local fitness company has more than doubled its training and workout space in Southern Indiana. Championship Athletic Performance, which launched two years ago, now has 9,320 square feet available for training programs, classes and individualized workouts at America Place Business Park in Jeffersonville. CAP is an affiliate of CrossFit Inc. and is owned and operated by strength and conditioning specialist Andy Cymbalist. The facility offers youth coaching and adult fitness options. "The additional…
  • Kentucky's unemployment rate drop leads the nation

    Carolyn Tribble Greer
    21 Nov 2014 | 1:22 pm
    Kentucky's month-to-month unemployment rate decline in October led the nation. The state's seasonally adjusted preliminary unemployment rate fell to 6.2 percent in October from a revised 6.7 percent in September. The Kentucky Education and Workforce Development Cabinet said in a news release that it was the biggest one-month drop in the unemployment rate since 1976, when the current methodology for measuring the rate was adopted. It's also bigger than last month's record breaking drop of 0.4 percentage…
  • Will mobile payments boom?

    Braden Lammers
    21 Nov 2014 | 1:13 pm
    Mobile-based payments are expected to boom by 2019, according to a recent report in The New York Times. Forrester Research Inc., (NASDAQ: FORR) a Massachusetts-based global research and advisory firm, predicted mobile payments in the United States will reach $142 billion by 2019, as cited in The New York Times report. According to the report, mobile payments currently make up about $50 billion worth of transactions annually. Forrester claims that the market has matured during the last five years,…
  • Tech company sells former New Albany HQ to powersports dealer

    Marty Finley
    21 Nov 2014 | 12:25 pm
    The former Indatus headquarters at 432 State St. in New Albany sold Thursday during an absolute auction for $385,000. The new owner is Chris McCarty, who operates CC Powersports dealerships in Clarksville and Brooks, Ky. McCarty told Business First he plans to expand the website portion of his business and that he needs more space. He said he's been looking for a suitable site to relocate staff from crowded space in Clarksville. The old Indatus office is a great fit, he said, and he plans to move…
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    Memphis Business News - Local Memphis News | Memphis Business Journal

  • Wang's closes following Thursday fire

    Ryan Poe
    21 Nov 2014 | 1:26 pm
    The well-known Wang's Mandarin House on Park Avenue close to Ridgeway in East Memphis is shuttered following a fire Thursday morning. Wang's, which is at 6065 Park Ave. in the shopping center Park Place Centre, has been closed since a vent over the stove area caught fire, according to news reports. It's unclear when the restaurant will reopen.
  • Top 40 Under 40 brings out some of Memphis' most talented

    21 Nov 2014 | 12:38 pm
    Some of the most impressive young professionals in Memphis were on display on Thursday at Memphis Business Journal's Top 40 Under 40 event at Hilton Memphis. With a twist on the typical awards ceremony, Top 40 Under 40 winners were asked to show off a hidden talent to the audience. Among those on display: Mauricio Calvo made pico de gallo salsa on stage; David Ferguson played a drum set; JT Malasri performed the Carlton; Rachel Sumner spoke Khmer; Lecolion Washington played bassoon; Tyler White…
  • Southwest Tennessee nursing building opens

    Michael Sheffield
    21 Nov 2014 | 12:03 pm
    Southwest Tennessee Community College's new Nursing, Natural Sciences and Biotechnology Building is complete and will host its first group of nursing students in January. The school held a ribbon cutting for the facility Nov. 20, which included tours. Southwest began raising money for the $18.2 million project in 2005 and received contributions from Medtronic Inc., FedEx Corp., Baptist Memorial Health Care Corp. and Methodist Le Bonheur Healthcare. Corporate support, according to Nathan Essex,…
  • Gov. Haslam elected chairman of Republican Governors Association

    Eric Snyder
    21 Nov 2014 | 12:02 pm
    Tennessee Gov. Bill Haslam was elected chairman of the Republican Governors Association Thursday. Haslam succeeds New Jersey Gov. Chris Christie, who helped the group raise $100 million, money that was used in 36 governors races. As The Washington Post writes, "Haslam's job is a lot easier than Christie's," as Haslam will only oversee three gubernatorial races during his one-year term.
  • Is Federal Reserve a little too cozy with big banks?

    21 Nov 2014 | 12:02 pm
    Claims that the Federal Reserve may be a little too intimate with big U.S. banks have prompted the central banker to promise a review of how it supervises those institutions, USA Today reports. The news Thursday comes after a report that the New York Fed knew of the risks JPMorgan Chase was taking four years before a derivatives trading scandal caused $6.2 billion in losses, the report says. In addition, other reports suggest that Fed officials were too easy on Goldman Sachs in reviewing a deal…
 
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    Milwaukee Business News - Local Milwaukee News | The Business Journal of Milwaukee

  • Zizzo Group open house includes some big news: Slideshow

    Mark Sabljak
    23 Nov 2014 | 6:51 pm
    When Anne Zizzo moved her offices for Zizzo Group from West Wisconsin Avenue in downtown Milwaukee to the 3rd Ward, she found a space that she expected would be open to gatherings of all types. And in the nearly one year since moving in, that's been true, with committees, brainstorming sessions and even a town hall meeting with Wisconsin Gov. Scott Walker. On Nov. 20, she hosted an open house and more than 200 people, including clients, friends and family, easily mingled, drank and ate. Check out…
  • Gorman, Maures, Cardinal among developers competing for library projects

    Sean Ryan
    23 Nov 2014 | 4:00 pm
    The city of Milwaukee received several affordable housing proposals for two library branches that will be sold for redevelopment. Also this week, we have details on a new office building that could kick off the redevelopment of Loomis Crossing in Greenfield. The Milwaukee Public Library is reviewing proposals for several companies to buy and redevelop the Forest Home and Mill Road library branches. In both cases, developers would reserve space in their projects for new, more modern first-floor…
  • Guide to Black Friday: Malls, department stores and more in the Milwaukee area

    Alison Bauter
    22 Nov 2014 | 6:00 am
    This year's holiday shopping season starts in earnest Friday, or ... is it Thursday? Either way, the Milwaukee Business Journal has your definitive guide to hours and special offerings from malls around the Milwaukee area, plus our biggest department stores. Thanksgiving Day is Nov. 27, and Black Friday falls on Nov. 28 this year. Click the name to jump to each outlet's website and learn more about special promotions, hours and other information. If a can't-miss opening isn't on the list, email…
  • Shareholders approve Wisconsin Energy acquisition of Integrys

    Rich Kirchen
    21 Nov 2014 | 12:35 pm
    Wisconsin Energy Corp.'s planned $9.1 billion acquisition of Integrys Energy Group Inc. received approvals from the shareholders of both companies Friday, moving the public-utility firms one step closer to completing the transaction. The approvals were expected but are necessary to complete the deal. The transaction, which executives anticipate will close in 2015, still needs to win approvals from state public service commissions where both companies do business, including Wisconsin and Illinois. Shareholders…
  • Trek Bicycle to move warehouse from Oconomowoc to Johnson Creek

    Sean Ryan
    21 Nov 2014 | 12:16 pm
    Trek Bicycle Corp. plans to move its warehousing operations from Oconomowoc to a new 250,000-square-foot facility in Johnson Creek. The company is building the Johnson Creek facility in partnership with Briohn Building Corp. of Brookfield. The building would have about 80 employees and cost $7 million, said Mark Johnsrud, Johnson Creek village administrator. It will be 50 percent larger than the existing facility in Oconomowoc. Trek, based in Waterloo, plans to begin moving its inventory to the…
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    Minneapolis Business News - Local Minneapolis News | The Minneapolis / St Paul Business Journal

  • Mille Lacs tribe buys hotel in Oklahoma City

    Sam Black
    21 Nov 2014 | 2:48 pm
    Mille Lacs Corporate Ventures has acquired a 236-room Embassy Suites hotel in Oklahoma City for an undisclosed sum. The deal is the latest business venture for Minnesota's Mille Lacs Band of Ojibwe as it continues to diversify beyond gambling and into the hospitality industry. The Embassy Suites hotel is six miles from downtown Oklahoma City and four miles from the Will Rogers World Airport, according to a press release. It has a business center, fitness room, indoor pool and 10,000 square feet…
  • Suburban Twin Cities apartment portfolio sells for $78 million

    Sam Black
    21 Nov 2014 | 2:14 pm
    Weidner Investment Services has purchased three suburban Twin Cities apartment complexes for a combined $78 million. It's the latest in a string of big apartment sales and adds further momentum to what appears to be a record-breaking year for the Twin Cities in terms of apartment sales volume. Kirkland, Wash.-based Weidner bought the properties from Chicago-based Levin Realty Advisors. Abe Appert, Keith Collins and Laura Hanneman of CBRE's Minneapolis office represented Levin. Weidner, which owns…
  • 'Broth bar' coming to south Minneapolis

    Clare Kennedy
    21 Nov 2014 | 1:03 pm
    A new south Minneapolis restaurant will have an unusual amenity when it opens this winter: A broth bar. Owner Tamara Brown announced this week that her restaurant, Sassy Spoon, will devote a substantial part of its menu to the item. She said broth was a natural fit with the ethos of Sassy Spoon, which started out as a food truck specializing in simple foods. Brown decided to turn Sassy Spoon into a bricks-and-mortar restaurant because the high-volume food truck trade did not allow her enough cooking…
  • Minnesota real estate sales data now sortable

    Sam Black
    21 Nov 2014 | 12:56 pm
    The Minnesota Department of Revenue on Friday unveiled an enhanced version of its Electronic Certificate of Real Estate Value website that makes it easier to sort data by size and by names of buyers and sellers. There are still kinks to work out; a quick check of the eCRV search for November isn't loading any documents, including deals that had already been posted. But the overhaul is a welcome search for someone (such as a reporter) who's trying to keep on top of the bigger deals. In the past,…
  • United FC president is tight-lipped on soccer plans

    Nick Halter
    21 Nov 2014 | 12:54 pm
    While the Vikings have been publicly making their case for how and why they should get a Major League Soccer team, the competing group led by Bill McGuire has been much quieter. Minnesota United FC President Nick Rogers expanded on some of what his group is up to in an interview Friday. Rogers confirmed that he and Minnesota United FC owner McGuire were in New York Thursday to meet with the MLS. The Star Tribune reported that Hennepin County Commissioner Mike Opat joined them, but Rogers would…
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    Nashville Business News - Local Nashville News | The Nashville Business Journal

  • Franklin-based MedSolutions set to sell in nearly $1B deal

    Eleanor Kennedy
    21 Nov 2014 | 3:30 pm
    MedSolutions, an 1,100-person health care company based in Franklin and one of the region's largest private employers, is selling to South Carolina-based CareCore National. Earlier this month, Moody's Investors Services affirmed ratings for the companies following MedSolutions' definitive agreement to be bought by CareCore National LLC, which is backed by General Atlantic LLC. Sources familiar with the deal have estimated its value at between $800 million and $1 billion. Late last week, a spokeswoman…
  • Want public aid? MDHA now requiring developers to formally apply

    Adam Sichko
    21 Nov 2014 | 12:57 pm
    For the first time, developers will need to formally apply for a key incentive that is helping fund several of the most high-profile construction projects in Nashville. The requirement comes during the thick of Nashville's building boom, with more looming on the horizon. The construction surge has sparked higher interest and demand for public aid called tax-increment financing, which is commonly abbreviated as TIF. The aid is granted by the Metropolitan Development and Housing Agency. In recent…
  • Slideshow: NBJ's 'The Boss' cocktail reception

    Nathan Morgan
    21 Nov 2014 | 12:51 pm
    You may call them the CEO, the president, a manager, a leader; in our regular executive profile feature, we refer to them all as "The Boss." We had a party at Twelve|Twelve Thursday night to celebrate everyone we've profiled over the past year. To see who was there, check out the slideshow with this story. You can look for more collective coverage of this incredible group in an upcoming print edition later this year. Until then, if you're curious to learn about some of Nashville's most influential…
  • New Charlotte Avenue retailer set to open on Black Friday

    E.J. Boyer
    21 Nov 2014 | 12:43 pm
    The Charlotte Avenue corridor between downtown and White Bridge Road has already seen a handful of new stores and restaurants open in the past year, and more is on the way, with Flip Burger and H.G. Hill's mixed-use complex just a few of the forthcoming options. But in the more immediate future, OAK Nashville, a locally owned home goods and furniture store, will open its doors at 4200 Charlotte Ave. next week. Owner Ginny Pope is taking advantage of one of the year's busiest shopping weekends, bowing…
  • With more money in hand, O'Charley's parent American Blue Ribbon Holdings eyes expansion

    E.J. Boyer
    21 Nov 2014 | 11:49 am
    American Blue Ribbon Holdings is two years into a three-year turnaround of the Nashville-based family casual dining chain O'Charley's. The restaurant operator, whose parent company Fidelity National Financial Inc. bought O'Charley's in 2012, has renovated, redesigned and refreshed half of the chain's 200-plus restaurants, to the tune of about $250,000 per restaurant. So far, it's working. O'Charleys posted year-over-year same-store sales growth of 1.7 percent in the most recent quarter, outperforming…
 
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    Orlando Business News - Local Orlando News | The Orlando Business Journal

  • Royal Oak Homes building new community in Winter Garden

    Cindy Barth
    21 Nov 2014 | 1:08 pm
    Royal Oak Homes plans to offer 75-foot homesites starting in January at Black Lake Preserve, a new gated community on Avalon Road in Winter Garden. The homebuilder is building 91 new three-, four-, five- and six-bedroom homes ranging from 3,000 to 5,0000-plus square feet of living area priced from the mid-$300,000s. Founded in 2011, Royal Oak Homes currently is building in 14 active communities in the region.
  • Timeshare king David Siegel grows domain with more office space

    Anjali Fluker
    21 Nov 2014 | 11:54 am
    The former headquarters building of Island One Resorts now belongs to Orlando's timeshare king David Siegel — and he plans to expand his administrative domain into the complex. Siegel, founder, president and CEO of Westgate Resorts, and his real estate business partner Jim Gissy spent $3.3 million to buy a 56,182-square-foot, bank-owned Class A office building at 8680 Commodity Circle in southwest Orlando. The building was previously owned by principals of timeshare firm Island One Resorts, which…
  • Inside IAAPA: One last hurrah inside Orlando's big attractions expo

    Richard Bilbao
    21 Nov 2014 | 11:27 am
    It's been a long week for anyone in the tourism and attractions industry with the International Association of Amusement Parks & Attractions Expo in town. For the past week, tourism professionals have been showcasing new ride cars, food, arcade games, technology and more. But on Nov. 20, I had a chance to put that all aside and check out the fun spots of the convention — which you can see in the photo gallery above. The first stop was visiting the booth of Orlando-based Works Unlimited, which…
  • Florida Hospital East Orlando unveils simulation center

    Cindy Barth
    21 Nov 2014 | 11:24 am
    Florida Hospital East Orlando unveiled its new simulation center this week, designed to help physicians, nurses and medical students refine their skills on mannequins or patient simulators that can mimic heart attacks, birth and any number of other medical conditions encountered in real life. The simulation center includes three hospital simulation rooms, a skills laboratory with 16 work stations and a high-tech lecture hall. The simulation rooms are linked together by a central command center where…
  • Azul Brazilian Airlines starting service between Orlando International, Campinas

    Cindy Barth
    21 Nov 2014 | 11:10 am
    Brazil's third-largest air carrier will be flying into Orlando starting Dec. 15 as part of a U.S. launch. Azul Brazilian Airlines received approval from the U.S. Department of Transportation and the Federal Aviation Administration to start sales on its first international flights to and from the United States. Azul will begin daily nonstop service between Fort Lauderdale International Airport and Sao Paulo/Campinas International Airport on Dec. 2. The service to Orlando starts two weeks later. Flights…
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    Philadelphia Business News - Local Philadelphia News | The Philadelphia Business Journal

  • Home of the Day: Stone Harbor Money Making Gem

    Long & Foster Luxury Homes, Exclusive Christie's International Affiliate
    22 Nov 2014 | 2:47 am
    By Mike Mavromates, Luxury Property Specialist Home of the Day is presented by the Philadelphia Business Journal with Long & Foster and Christie's International Real Estate. This is your invitation to view some of the most-luxurious properties for sale. Come inside and take a look around. Click on the gallery image view today's featured property. 258 83rd Street, Stone Harbor, NJ 08247 | $679,000 One of the lowest and best priced homes in Stone Harbor for this Gorgeous, well maintained two story…
  • Home of the Day: Elegance and Privacy on the Delaware Bay

    Long & Foster Luxury Homes, Exclusive Christie's International Affiliate
    22 Nov 2014 | 2:43 am
    By Sheila Erikson, Luxury Property Specialist Home of the Day is presented by the Philadelphia Business Journal with Long & Foster and Christie's International Real Estate. This is your invitation to view some of the most-luxurious properties for sale. Come inside and take a look around. Click on the gallery image view today's featured property. 205 Route 47 North, Goshen, NJ 08210 | $1,995,000 To everything there is a season, and the owners are looking to pass their custodianship of their magnificent…
  • Local business owners to be featured in National Geographic Traveler editorial

    Francis Hilario
    21 Nov 2014 | 1:00 pm
    The Philadelphia Convention & Visitors Bureau has partnered with National Geographic Traveler magazine for an editorial project centered on showcasing the city and some of its movers and shakers. The 10-page editorial will showcase 12 profiles of "Philadelphia originals" — restaurateurs, jewelry makers, artists and craft brewers, among others — that have had a hand at reviving the city. Here's who made the list: Anna Bario and Page Neal Ben Volta Ellen Yin Eric and Ryan Berley Dan and Trish…
  • Women of Distinction event photos

    21 Nov 2014 | 12:04 pm
    This year's Women of Distinction were honored at a PBJ awards dinner Tuesday at Vie. Thirty-one women and two companies received recognition for empowering women in the business community. Each winner was acknowledged on stage and recited a six-word memoir. For example, Robin Widdis said: "Pulled my bootstraps broke all ceilings." Denise Christian said: "Quiet competence, fortitude with overarching compassion." Each Women of Distinction winner was nominated by a peer for their career and community…
  • Villanova basketball teams up with secondary ticket marketplace

    John George
    21 Nov 2014 | 10:59 am
    Villanova Athletics has entered into a deal with Chicago-based Vivid Seats Ltd. to serve as the university basketball team's secondary ticket marketplace partner. The partnership was created to provide Wildcat fans who are not season-ticket holders with an opportunity to securely purchase tickets to sold-out men's basketball games. It also gives season-ticket holders looking to sell seats an alternative to the ticket transfer system offered through Villanova's online ticket office. Vince Nicastro,…
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    Phoenix Business News - Local Phoenix News | The Business Journal of Phoenix

  • Danny Hendon pleads guilty in immigration case, gets prison

    Mike Sunnucks
    23 Nov 2014 | 3:54 pm
    Danny's Family Car Wash owner and Paradise Valley businessman Danny Hendon has been sentenced to a year in federal prison, another year of home arrest and has to sell his car wash chain after pleading guilty to knowingly employing unauthorized immigrants. Hendon, 64, also has to pay a $156,000 fine. Prosecutors alleged Hendon and Danny's managers hired undocumented immigrants and then rehired them again with fake identification after an initial federal investigation. Hendon has been a prominent…
  • Arizona students creating 42-story rotating replica of Earth to be built in south-central Arizona

    Angela Gonzales
    23 Nov 2014 | 3:49 pm
    Bryan Beaulieu, a mechanical engineer who teaches at the East Valley Institute of Technology, is leading a project to create a 42-story rotating replica of the earth that eventually will be built in south-central Arizona as an educational tourist attraction. The globe's surface will be made of more than 10 million 4-inch triangular tiles that detail every natural and man-made feature that is higher than 30 feet off the ground. He is recruiting students from Arizona and around the world to help him. Makayla…
  • BioAccel CEO gaining ground on GCU's Mueller in Businessperson of the Year

    Tim Gallen
    21 Nov 2014 | 2:01 pm
    Grand Canyon University President Brian Mueller's lead in our Businessperson of the Year poll may not be safe. BioAccel CEO MaryAnn Guerra has garnered a lot of support this week to bring her to within 3 percentage points of Mueller in our year-end poll. Guerra started the day behind Arizona State University President Michael Crow but has leapfrogged the ASU leader today for second place. She has amassed 20 percent of the vote as of 3 p.m. Mueller has 23 percent. Crow is in third place with 18…
  • Employers might see new names, IDs from immigrant workers protected by Obama actions

    Mike Sunnucks
    21 Nov 2014 | 1:58 pm
    President Barack Obama's immigration decrees offer businesses greater ability to hire more legalized foreign workers and gives them greater protections against workplace raids as well as state and federal laws aimed at employers who hire illegal workers. Employers will also see some new names and identification from immigrant workers who may now be working with fake identification. One of Obama's actions is to allow the spouses of H-1B visa holders to also have employment legal status in the U.S.…
  • ASU announces latest Spirit of Enterprises Award winners

    Hayley Ringle
    21 Nov 2014 | 1:56 pm
    Local technology, landscaping and construction companies, along with a local pharmacy, were the winners announced today at the 18th annual Spirit of Enterprise Awards from Arizona State University's W.P. Carey School of Business. Twelve businesses were recognized for their positive role in the community during a luncheon attended by hundreds at the JW Marriott Desert Ridge Resort & Spa in Phoenix. "It's been a true honor to plan this for the first time," said Sidnee Peck, director of the Center…
 
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    Pittsburgh Business News - Local Pittsburgh News | The Pittsburgh Business Times

  • Sunoco Logistics cited over accidental clay spills

    Sam Kusic
    21 Nov 2014 | 1:56 pm
    The Pennsylvania Department of Environmental Protection has cited Sunoco Logistics over two accidental spills of bentonite mud into streams in Washington and Allegheny counties. The first spill occurred between Sept. 18 and 22 as an undetermined amount of bentonite made its way into Mingo Creek in Washington County. According to the DEP, the spill occurred as Sunoco contractor Precision Pipeline was running a horizontal directional drilling operation related to construction of Sunoco's Mariner East…
  • Top 5: Largest employers in Steubenville/Weirton metro region

    Paul J. Gough
    21 Nov 2014 | 1:16 pm
    Who are the top employers in the Steubenville, Ohio/Weirton, W.Va., metro area?
  • Pharmacist condemns generic price increases

    Kris B. Mamula
    21 Nov 2014 | 12:33 pm
    Only generic drug makers are benefitting from the run-up in generic medications, a Pennsylvania pharmacist testified Thursday at a hearing in Washington, D.C. Rob Frankil of Sellersville Pharmacy near Philadelphia said the reasons behind the increase in drug prices include shortages of raw materials, consolidation in the industry, and fewer manufacturers. The result is skyrocketing prices on medications that had been a money-saving strategy for consumers in the past. "What we're seeing across the…
  • Corbett administration puts state prison in Hempfield up for sale

    Tim Schooley
    21 Nov 2014 | 12:30 pm
    The Pennsylvania Department of General Services is putting the State Correctional Institution in Hempfield Township up for sale. The department will accept bids for the property until Feb. 18, 2015. The property, which closed as a prison in June 2013, includes a 285,000-square-foot building on 104 acres of land. Sheri Phillips, the secretary of the Department of General Services, described the plan to sell the property as part of the administration of Gov. Tom Corbett's "aggressive approach of…
  • Court orders reopening of closed health centers

    Kris B. Mamula
    21 Nov 2014 | 11:52 am
    The Pennsylvania Supreme Court ruled against the Corbett administration, ordering the reopening of public health centers that were closed. The decision Thursday reversed an April Commonwealth Court decision, which denied an injunction of Corbett's plans to close the clinics in a belt-tightening move. Nine nursing positions were to be eliminated and clinics in Westmoreland and Beaver counties were among the clinics slated for closure. "Today, the Pennsylvania Supreme Court unequivocally ruled on…
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    Portland Business News - Local Portland News | The Portland Business Journal

  • List Leaders: Meet Oregon's top 5 highest-revenue hospitals

    Brandon Sawyer
    21 Nov 2014 | 2:44 pm
    Net revenues and operating expenses are both on the rise at hospitals across the state, but according to the 2014 Oregon Community Hospital Report, the difference between those figures — operating margin — is on average the lowest it's been since 2008: just 3.6 percent. Per the report by Apprise Health Insights, a subsidiary of Oregon Association of Hospitals & Health Systems: "Large, urban hospitals, paid under DRG reimbursement, had a better average operating margin, 4.44 percent in 2013,…
  • Price of Addiction: Is this newly approved pain pill actually smarter?

    Elizabeth Hayes
    21 Nov 2014 | 2:15 pm
    The U.S. Food & Drug Administration on Thursday approved a "smart" opioid prescription painkiller that is supposed to be more difficult to abuse. Hysingla ER is an extended-release hydrocodone tablet that's difficult to crush, break or dissolve, and therefore, harder to snort or inject. The approval comes at a time that prescription opioid abuse has reached epidemic levels in Oregon and across the U.S. Price of addiction: Read more stories in our series. Dr. David Russo, a pain management…
  • In $7B quest, Nike opens a women's-only retail store

    Matthew Kish
    21 Nov 2014 | 2:10 pm
    Nike this week opened a California retail location that exclusively serves female customers. The company plans to open another women's-only store this month in China. The new store 6,000-square-foot store is in Newport Beach, California. It features numerous Nike products for women including running, training and sportswear as well as an in-store fitness studio. The studio is a first in a U.S. Nike retail store. Women's sportswear is a key industry battleground. Under Armour also is ramping up…
  • How OHSU Hospital prepares for Ebola and 4 other high-tech health trends to watch (Video)

    Mason Walker
    21 Nov 2014 | 2:08 pm
    OHSU Hospital CEO Peter Rapp is not shy with his excitement about health care. Yesterday, we highlighted a portion of our broad-ranging interview with Rapp in which he discussed what the future of health care may look like. He ended his answer highlighting his optimism for the growing — and rapidly changing — field. During the discussion, we also asked Rapp to share the single technology that he is most enthusiastic about. He had trouble answering the question. That's because Rapp works in…
  • Oracle v. Oregon: State wins round one, but it's still early

    Elizabeth Hayes
    21 Nov 2014 | 1:53 pm
    The state of Oregon won round one in U.S. District Court today in Oracle Corp.'s lawsuit over the Cover Oregon IT mess. At issue was whether the state's separate lawsuit against Oracle, filed in Marion County District Court, should be sent back to that court. Oracle had the state lawsuit "removed" to federal court, arguing that it should be consolidated into Oracle's federal complaint. District Judge Anna Brown agreed it would make sense for the two lawsuits to be combined at some point; however,…
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    Raleigh Business News - Local Raleigh News | The Triangle Business Journal

  • South Hills developer wins Cary leadership award

    Lauren K. Ohnesorge
    21 Nov 2014 | 2:32 pm
    A longtime Cary real estate developer was recognized for "leaving lasting impression" on the town. David Martin, who developed Cary's first shopping mall, South Hills, has been a Cary resident since 1936. Founder and president of Martin Properties, Martin opened the then-called Southland Center in 1963. Thursday, he was awarded the Hometown Spirit Award. "Chicken coops or commercial centers, David's thumbprint is leaving a lasting impression on Cary, one our community is so grateful to receive,"…
  • N.C. recoups jobs from recession; still long way to go for full recovery

    Jason deBruyn
    21 Nov 2014 | 2:09 pm
    North Carolina added slightly more than 17,000 jobs in October pushing it over a symbolic threshold: The state officially has recovered the number of nonfarm jobs lost since the Great Recession. The state's unemployment rate dropped to 6.3 percent with only April's 6.2 percent rate coming in lower since the economic downturn. Employment data since April had been mixed at best, and Gov. Pat McCrory's office had been mostly quiet with each month's jobs report. Friday, McCrory said, "North Carolina…
  • Oberlin Road project could mean more apartments

    Amanda Jones Hoyle
    21 Nov 2014 | 11:55 am
    The longtime owner of a 2-acre piece of undeveloped land along Oberlin Road, north of Cameron Village, has filed a rezoning request in Raleigh for plans to build a new multifamily apartment building. The plan shows a building that is not the towering hulk of some of the other projects that have been proposed and built in the last year near Cameron Village, but the project will none-the-less generate attention from its neighbors along Oberlin Road. The five-story Crescent Cameron Village and five-story…
  • Belk Bowl hoping for luck o' the Fighting Irish

    Erik Spanberg
    21 Nov 2014 | 11:43 am
    Somebody call Rudy and book him a flight to Charlotte. The Fighting Irish might be on their way to Bank of America Stadium. Notre Dame, if it's not part of the four-team College Football Playoff or the major bowls, then goes into the pool for Atlantic Coast Conference-affiliated games. That lineup includes the Belk Bowl, which pairs an ACC school against one from the SEC. This marks the first year the SEC is in the Charlotte bowl. Before that, the Big East and, later, the remnants of the Big East,…
  • AG: Duke Energy impersonator scamming N.C. small business owners

    Lauren K. Ohnesorge
    21 Nov 2014 | 11:36 am
    A scammer claiming to be a Duke Energy representative has bilked North Carolinians out of thousands of dollars. That's according to North Carolina Attorney General Roy Cooper, who is planning a press conference Monday with Duke Energy and the Better Business Bureau to warn consumers about the scam. The way the scam works is simple. You get a phone call from someone claiming to be a representative of Duke Energy. The caller threatens to disconnect your power if you don't pay immediately. According…
 
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    Sacramento Business News - Local Sacramento News | The Sacramento Business Journal

  • California business leaders say they want Congress, not Obama, to solve immigration problem

    Kathy Robertson
    21 Nov 2014 | 2:58 pm
    Business interests in Sacramento said Friday they want Congress — not the president — to find a long-term solution to the nation's immigration problems. Most business groups declined to offer detailed reaction to the steps President Obama announced this week, citing a need to digest the news and get member reaction. Labor unions heralded the news on behalf of workers and their families, but farm and restaurant association leaders said they hope the President's action will not stall a comprehensive…
  • NASDAQ warns Marrone Bio of delisting over late financial report

    Mark Anderson
    21 Nov 2014 | 2:26 pm
    Marrone Bio Innovations Inc. reported Friday it has received a delisting warning from the NASDAQ Stock Market LLC as a result of the company's late filing of financial statements. The Davis-based bio-pesticide company last week told the Securities and Exchange Commission its third-quarter earnings report will be late — and that it cannot predict when it will catch up. The company said today it anticipated the action from the NASDAQ. It still offers no timeline for when it will file. Marrone…
  • Nation's burger restaurant proposed for former Sonic site in Natomas

    Ben van der Meer
    21 Nov 2014 | 2:25 pm
    Nation's Giant Hamburgers is planning its first Sacramento location on undeveloped land in Natomas. The restaurant chain has submitted plans for a multi-restaurant development on 2.93 acres at the southeastern corner of Truxel Road and Gateway Park Boulevard. The San Pablo-based company seeks to divide the lot into four parcels. One would accommodate a 3,593-square-foot Nation's restaurant. The other three would be for other restaurants of 1,800 square feet, 6,750 square feet and 2,200 square feet…
  • Campus Crest puts Sacramento apartment project up for sale

    Ben van der Meer
    21 Nov 2014 | 12:17 pm
    Campus Crest has put property near California State University Sacramento up for sale, including entitlements to build a 213-unit apartment project. The Charlotte, N.C.-based company is accepting bids for the 13.6-acre site at 3075 Redding Ave. through Dec. 3 and will give priority to a buyer who can close escrow by Feb. 13, the company said. Earlier this month, Campus Crest announced it was suspending its Sacramento project and others around the country in the midst of an executive shakeup and…
  • ​Sacramento region adds 8,000 jobs, mostly in public sector

    Allen Young
    21 Nov 2014 | 12:16 pm
    The four-county Sacramento region added 8,000 jobs in October, with gains mostly driven by public education and state government. Sacramento's unemployment rate was 6.6 percent, an amount unchanged from September, reported the state Employment Development Department on Friday. As of October the region has a total of 901,500 jobs, which is only 32,000 jobs short of the region's pre-recession peak. The region has added 22,700 jobs over the past 12 months. "We're trending in the right direction (and)…
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    St. Louis Business News - Local St. Louis News | The St. Louis Business Journal

  • Jefferson County nurse still Ebola-free, to be released

    Diana Barr
    21 Nov 2014 | 4:19 pm
    The condition of a patient being monitored at Mercy Hospital Jefferson in Crystal City for possible infection with the Ebola virus has continued to improve, Jefferson County health officials said late Friday. Further lab test results for the patient, a female nurse who recently returned from West Africa, are still negative for the virus, officials said. Preliminary tests Thursday had also been negative. Local, state and federal medical officials have agreed that the patient is well enough to be…
  • Anheuser-Busch InBev layoffs hit many departments

    Jacob Kirn
    21 Nov 2014 | 1:07 pm
    Anheuser-Busch InBev's recent layoffs have affected at minimum many dozens of employees across numerous departments, according to people familiar with the matter. The brewer cut jobs in information technology; field sales; procurement; and brand, experiential and trade marketing, according to Mark Greenspahn, a résumé writer at St. Louis-based Two Feet In The Sand who's fielded calls from many A-B employees. At least 20 marketing employees were let go, according to people familiar with the matter. Members…
  • MOGene creates spinoff lab targeting personalized medicine

    Ben Unglesbee
    21 Nov 2014 | 12:52 pm
    Genomic services company MOgene LC has launched a spinoff aimed at establishing a footprint in the growing field of personalized medicine. Called MOgeneDx, the company became operational two weeks ago and is providing diagnostics services out of a lab adjacent to its parent company's facilities in Bio-Research & Development Growth (BRDG) Park, at the Donald Danforth Plant Science Center. At the helm of MOGeneDx is Dun Liang, who had previously worked as a post-doctoral researcher with the National…
  • Leaders talk future of education in St. Louis, Ferguson (Video)

    Kelly Moffitt
    21 Nov 2014 | 12:33 pm
    The future of education in the region will depend not only on strategic investing and partnerships between businesses and school districts, but also on St. Louisans' ability to keep a sense of urgency about making sure all schools in the region have educational equality. This concern has been amplified in the wake of Michael Brown's shooting and protests in the area that followed, calling for equal treatment for all, and it was a sentiment echoed at a panel of business and education leaders held…
  • How does your student loan debt stack up?

    Greg Edwards
    21 Nov 2014 | 9:26 am
    Here are the staggering numbers: The number of people with student loan debt in the U.S. totals 42 million out of 270 million adults. They owe $1.2 trillion in all. Seventy percent graduate with debt. The debt averages $28,400. The impact on the economy is massive. Consider how many of those people can't afford to buy a house, a new car or start a family. Don't miss the comprehensive report on student debt and its economic implications in the Friday edition of the Business Journal.
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    San Antonio Business News - Local San Antonio News | The San Antonio Business Journal

  • Alamo Quarry shopping center kicks out farmers market

    Stephanie Guzman
    21 Nov 2014 | 3:53 pm
    Organizers of the Alamo Quarry farmers market were shocked to learn this week that the shopping center has terminated their lease. The Quarry Farmers and Ranchers Market, which takes place on Sundays at the Alamo Quarry Shopping Center, said their last day will be Dec. 7. The market has been at the shopping center since May 2011. Neither shopping center general manager Al Underwood nor American Assets Trusts, the California-based company that owns the shopping center, could not be reached. F.…
  • San Antonio named a top 10 NBA destination

    W. Scott Bailey
    21 Nov 2014 | 3:36 pm
    San Antonio has been named one of the top 10 NBA destinations by USA Today readers. The home of the defending NBA champion Spurs ranks fifth on the publication's 10 Best list. Memphis and Oklahoma City were ranked first and second, respectively. The lowdown on San Antonio, according to USA Today: "The city ... oozes history," and the Tex-Mex food is "worth a trip itself." The rankings were based on a four-week reader survey. By the way, the photo accompanying Oklahoma City's ranking shows that…
  • How helping 'Shark Tank' companies led to this entrepreneur's startup landing Mark Cuban as an investor

    Tony Quesada
    21 Nov 2014 | 3:23 pm
    Rob Collazo is getting used to being an entrepreneur, and an injection of venture capital from Mark Cuban — spurred by Collazo's relationship with "Shark Tank" companies — has helped speed that adjustment. It wasn't long ago that Collazo — chief technology officer at HelpSocial Inc., which helps businesses use social media to improve customer service — was at Rackspace, where he developed a tool used internally by that company's social media team. And even before that tool became the basis…
  • Owners of Gruene Hall to build restaurant in San Antonio

    Stephanie Guzman
    21 Nov 2014 | 2:24 pm
    The owners of the historic Gruene Hall will build a new restaurant on a vacant lot behind the Josephine Street Cafe near Pearl. The Molak Corp., which owns Gruene Hall and the Josephine Street Cafe, will revamp the 15,000 square foot vacant lot at 301 E. Grayson Street. The restaurant itself will be 7,000 square feet, and the remaining space will be an outdoor seating and lounge area. Katie Molak of the Molak Corp. said in an email today that the company is in the process of submitting building…
  • Mock to depart San Antonio Chamber of Commerce

    W. Scott Bailey
    21 Nov 2014 | 2:15 pm
    The San Antonio Chamber of Commerce is losing some veteran leadership. Executive Vice President Bill Mock will retire from the business advocacy organization, effective Jan. 2. "His knowledge of how to build a stronger community through economic development initiatives, in addition to how to ensure strong relationships with the military, are especially important as we look at the legacy he leaves," said San Antonio Chamber President and CEO Richard Perez about Mock in a statement. Mock began his…
 
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    San Francisco Business News - Local San Francisco News | The San Francisco Business Times

  • Millbrae developers discover the drawbacks of building next to SFO

    Cory Weinberg
    21 Nov 2014 | 2:16 pm
    The opportunity to build next to San Francisco International Airport will likely mean big money for Republic Urban Properties and the city of Millbrae. The hotel the developers are planning to put there by 2020 as part of a 10-acre mixed-use project ( which I wrote about Wednesday) will get plenty of use from business travelers and extended-stay workers, adding to profits and pouring needed tax dollars into the city's operating budget. But building next to an airport also presents plenty of development…
  • Google breakup suggested by European parliament, Financial Times says

    Greg Baumann
    21 Nov 2014 | 1:11 pm
    The parliament of the European Union has drafted a motion calling for a breakup of Google Inc., the Financial Times reported. The motion may increase pressure on the European Commission, the EU's executive arm, to take a tougher line against the world's biggest Web-search advertising company. The Financial Times reported that the draft motion says that "unbundling [of] search engines from other commercial services" should be considered. The motion has the backing of two political groups, the European…
  • Need more construction workers? Fly them in

    Cory Weinberg
    21 Nov 2014 | 12:55 pm
    The building boom is not only ratcheting up costs as our cover story detailed this week, but also changing the face of San Francisco's construction industry. Sub-contractors have started trying to make up for labor shortages by bringing in workers from other states like Texas and Oklahoma. The construction labor market has tightened as job growth swelled by 13 percent between 2011 and 2013, according to the Bureau of Labor Statistics. That has helped raise costs of construction 5 percent in back…
  • Video: Who are Uber's rivals?

    21 Nov 2014 | 12:37 pm
    Uber, the fast-moving San Francisco-based car-hailing app that has been at the center of continued controversy over its aggressive business tactics, isn't the only game in town. Upstart Business Journal takes a closer look at six U.S.-based competitors to Uber. (Research firm CB Insights says there are at least 27 alternatives to Uber operating around the world.)
  • Home of the Day: Custom Modern Design in Fairmount Heights

    Pacific Union and Christie's International Real Estate
    21 Nov 2014 | 12:35 pm
    By Mollie Poe, Luxury Property Specialists Home of the Day is presented by the San Francisco Business Times and Pacific Union International. This is your invitation to view some of Bay Area's most-luxurious properties. Come inside and take a look around. Click on the gallery image to the right to view today's featured property. 233 Laidley Street, San Francisco, CA 94131 | $4,200,000 Located in Fairmount Heights on one of San Francisco's favorite boutique and sought-after streets, bordering Noe…
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    San Jose Business News - Local San Jose News | The Silicon Valley / San Jose Business Journal

  • San Jose floats fee break to attract new office tower — is it enough?

    Nathan Donato-Weinstein
    23 Nov 2014 | 6:45 pm
    A couple of years ago, the city of San Jose cut fees for developers of high-rise housing projects. Fast forward, and two towers are under construction with more on the way. Now city officials want to try the same thing, but for commercial towers. Or rather, one tower. "It's for whoever gets in the door first," said Nanci Klein, assistant director of economic development. A proposal to be heard at the Dec. 2 city council meeting would eliminate construction tax for the first commercial high-rise…
  • 18-story Milpitas tower to rise after Asian investor buys project site

    Nathan Donato-Weinstein
    23 Nov 2014 | 6:13 pm
    A Southern California investment firm has bought a fully approved development site in Milpitas, where it plans to build what would by far be the city's tallest building: an 18-story residential tower rising some 277 feet high. Singpoli Group paid $21 million for the three-acre site at 600 Barber Lane, a former Chevrolet dealership tucked between two Asian-themed shopping centers and behind a clutch of Cisco Systems Inc. buildings. "Look at what's around it — within walking distance, there's a…
  • Home of the Day: Rare Vintage Gem in Downtown Mill Valley

    Pacific Union International
    22 Nov 2014 | 3:02 am
    By Barr Haney & Whitney Potter, Luxury Property Specialists Home of the Day is presented by the Silicon Valley Business Journal and Pacific Union International. This is your invitation to view some of Silicon Valley's most-luxurious properties. Come inside and take a look around. Click on the gallery image to the right to view today's featured property. 235 Ethel Avenue, Mill Valley, CA 94941 | $2,500,000 Nestled just blocks from the vibrant community of Downtown Mill Valley, 235 Ethel Avenue…
  • Dell opens Internet of Things Lab to lure partners

    Jose Fermoso, Twitter: @fermoso
    21 Nov 2014 | 3:07 pm
    Internet of Things devices hold out the promise of making routine daily tasks more efficient by gathering ever more specific data. For legacy companies like Dell Inc., these devices offer a more immediate promise: The opportunity to establish its brand as a leader in an industry still taking baby steps. This week, Dell opened its first Internet of Things Lab, a collaborative facility for hardware and software developers to build, test and release IoT products. The lab is located at the company's…
  • Graphic: How much more renters pay to be near BART stations

    Marlize van Romburgh
    21 Nov 2014 | 2:53 pm
    How much is it worth to live next to a BART station? A study by apartment listing and rental payment app RadPad found that 1-bedroom apartments near San Francisco's Embarcadero BART station averaged a whopping $3,548 per month — about twice as much as similar apartments further away from the downtown core. Living by the nearby Montgomery BART station shaved off only a tiny bit, with 1-bedroom apartments there averaging $3,490. In fact, you have to travel to the East Bay or down the Peninsula…
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    Seattle Business News - Local Seattle News | The Puget Sound Business Journal

  • Nordstrom nixes big semi-annual sales

    Rachel Lerman
    21 Nov 2014 | 2:46 pm
    Nordstrom has nixed its four big half-yearly sales in favor of six clearance sales each year, to be set around the holidays. The retailer quietly announced the big shift on the FAQ page on its website. The six clearance sales will be storewide, rather than broken up by specific department, as the half-yearly sales were. The big July Anniversary Sale will remain unchanged. The move comes at a time when Nordstrom is at the front of the retail pack. While big retailers like J.C. Penney and Macy's…
  • NASA extends space contract with Bezos' Blue Origin, Boeing

    Sarah Aitchison
    21 Nov 2014 | 2:16 pm
    NASA will extend its contract with Boeing and Kent-based Blue Origin, NASA announced last week. The extensions are good news. It means NASA is happy with the contracted companies progress under the organization's Commercial Crew Program. The extension also applies to the Nevada-based Sierra Nevada Corporation and Elon Musk's California-based SpaceX. As part of the contract, Blue Origin's team of more than 300 will work to complete three more development milestones without funding from NASA, Blue…
  • Health exchange makes advertising effort to reach Spanish speakers

    Annie Zak
    21 Nov 2014 | 2:02 pm
    "Ronchas. Hombro dislocado. Apendicitis. Cuando no tiene seguro médico, un accidente o una enfermedad podría costarle mucho." Not a Spanish speaker? Here's what that says: "Rash. Dislocated shoulder. Appendicitis. When you don't have health insurance, an accident or illness can cost a lot." That's just one message the Washington Health Benefit Exchange is delivering in a new ad campaign designed to reach both English and non-English speakers to inform them about the availability of insurance…
  • Monroe's Valley General Hospital to become part of EvergreenHealth

    Annie Zak
    21 Nov 2014 | 1:23 pm
    Monroe's Valley General Hospital will officially become a part of Kirkland's EvergreenHealth effective March 1. An alliance agreement reached earlier this week will result in the hospital changing its name to EvergreenHealth Monroe, more physicians being added to the hospital and more sharing of services like trauma care, emergency care and inpatient services between the two entities. EvergreenHealth's medical center is the ninth largest hospital in the state, based on 2012 net patient services…
  • It's official: Boeing loses out to Airbus in massive Delta deal

    Sarah Aitchison
    21 Nov 2014 | 1:00 pm
    Boeing's loss of a 50-plane deal to Airbus became official Thursday after an announcement from Delta Air Lines. Delta ordered 50 wide-body planes from Airbus to replace the older generations of Boeing's 747 or 767 planes. The two companies had been competing for the deal since March, said aviation analyst Scott Hamilton, who originally reported that Airbus had won the deal earlier this week. Delta will start using Airbus' A350-900 and A330-900neo in 2017 and 2019, respectively. Delta's release…
 
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    South Florida Business News - Local South Florida News | The South Florida Business Journal

  • Legal and Public Notices - November 21, 2014

    South Florida Business Journal Legal Notices
    23 Nov 2014 | 4:12 pm
    ALL COUNTY TOWING P.O. BOX 878, FT. LAUDERDALE, FL 33302 (954) 564-0486 OFFICE NOTICE OF SALE The following automobiles will be sold at public auction per Fla. Statute 713.78/715.07 for charges due at 10:00 am on December 8, 2014, at All County Towing, 520 Nw 7 St., Ft. Lauderdale, Fl. 33311 Year Make Vehicle Identification Number 2007 Chevrolet 1G1AK55F977233720 2001 Cadillac 1G6KE57Y31U122240 2003 Ford 1FTRE14203HB27198 2004 Hyundai KMHWF25S24A007915 2002 Suzuki JS2RC41H025103506 2007…
  • Legal and Public Notices - November 14, 2014

    South Florida Business Journal Legal Notices
    23 Nov 2014 | 4:02 pm
    NOTICE OF SALE PUBLIC STORAGE, INC. NOTICE IS HEREBY GIVEN that PS ORANGECO, INC. intends to sell at the following locations the personal property described below to enforce a lien imposed on said property under The Florida Self Storage Facility Act Statutes (Section: 83.801-83.809) PERSONAL PROPERTY CONSISTING of items used around the garage or in or outside the home or workplace, clothing, dishes, glassware, furniture, and other misc. items. Purchases must be paid for all the point of sale…
  • Number of South Florida households with bank accounts on the rise

    Nina Lincoff
    21 Nov 2014 | 1:53 pm
    There were fewer households without a bank account in South Florida in 2013 than in 2011, and of the banked households, the majority had both checking and savings accounts. A survey by the Federal Deposit Insurance Corporation and the U.S. Bureau of the Census reported that 7.3 percent of the total 2.37 million households in South Florida were without a bank account, slightly less than the national proportion of 7.6 percent. In 2011, 9 percent of South Florida households were unbanked. The good…
  • Experts discuss status of real estate in South Florida at SFBJ's Market Review

    Nina Lincoff
    21 Nov 2014 | 12:21 pm
    A little rain didn't put a damper on the South Florida Business Journal's 2014 Real Estate Market Review Friday morning, where expert panelists discussed the current and future status of residential and commercial real estate in the region. The event, presented by the Related Group, was held at the SLS Lux sales office in Brickell and drew 80 attendees from industries like real estate, development, and banking. Carlos Rosso, president of condominium development for the Related Group, spoke to the…
  • Thompson Miami Beach opens on Collins Avenue

    Emon Reiser
    21 Nov 2014 | 11:58 am
    More than 200 people attended a ribbon cutting ceremony for the official opening of the Thompson Miami Beach hotel on Friday. Celebrity Chef Michelle Bernstein, who created the hotel's Seagrape restaurant, Miami Beach Chamber of Commerce Chair Michael Goldberg and Greater Miami Convention & Visitors Bureau CEO William Talbert III were among the officials in attendance. The 380-room hotel at 4041 Collins Ave. is the first Thompson brand in the South Florida. About 460 locals were hired to staff…
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    Tampa Business News - Local Tampa News | The Tampa Bay Business Journal

  • Much-lauded 4 Rivers Smokehouse on track to open in Tampa 'week of Dec. 15'

    Eric Snider
    21 Nov 2014 | 1:09 pm
    Tampa Bay's first, highly-anticipated 4 Rivers Smokehouse should open "the week of Dec. 15, pending inspection approvals," said Owner John Rivers via text message Friday afternoon. "Making great progress on the site." The restaurant has generated a fervent cult of fans and amassed a slew of awards. Rivers credits his focus on Texas-style brisket rather than pulled pork as a strong catalyst for his brand's success. In August, when Rivers told the Tampa Bay Business Journal about the restaurant's…
  • Centre for Women in Tampa hires business center leader

    Pam Huff
    21 Nov 2014 | 12:55 pm
    The Centre for Women in Tampa has hired Stacy Banks-Houston as director of its business center. As reported in the Tampa Bay Business Journal's Morning Edition, the new Helen Gordon Davis Women's Business Centre will have a grand opening on Nov. 24. Grant funding of $750,000 has helped the business center expand its training programs. It is the only Small Business Administration Women's Business Centre on the west coast of Florida, according to the Centre for Women. Banks-Houston has experience…
  • Top 5 feeder markets for Pinellas County tourism

    Eric Snider
    21 Nov 2014 | 11:59 am
    Of the top tourist feeder markets to Pinellas County, the farthest west is Minneapolis/St. Paul. This and other factoids are part of the Annual Plan issued by Visit St. Pete/Clearwater, the county agency that promotes tourism. Seventy-one percent of visitors in 2013 were domestic: 18 percent from Florida, 9 percent from the Southeast, 32 percent from the Northeast and 41 percent from the Midwest. European travelers made up 18 percent of the county's tourists in '13; 6 percent hailed from Canada;…
  • The secrets behind Visit St. Pete Clearwater's winter marketing campaign in NYC

    Eric Snider
    21 Nov 2014 | 11:54 am
    Imagine jumping on the Q train in Union Station in Manhattan, heading to work. It's late January, 22 degrees. The train is devoid of chatter, just commuters sardined together, avoiding eye contact. You gaze upward — 'cause that's what you do on a New York subway — and there it is: a backlit sign running the length of the car showing sun, sand, beautiful people and a message that says "St. Petersburg Clearwater: Live Amplified." That's just one of the "touch points" that Visit St. Pete Clearwater…
  • Tampa Bay Partnership’s annual update message: broad advocacy

    Alexis Muellner
    21 Nov 2014 | 11:51 am
    Telling the business success stories, money for transit advocacy, centers of health care excellence and why retaining the Rays with the right kind of new stadium dominated the Tampa Bay Partnership's 2014 annual community update. About 500 people were on hand at the Hilton St. Petersburg Carillon Park Friday for a luncheon that included a series of panels and speakers, including Florida CFO Jeff Atwater. Outgoing chairman Barry Alpert questioned a panel of some of the organization's most engaged…
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    Washington, D.C. Business News - Local Washington, D.C. News | The Washington Business Journal

  • From Obama to Holder to Schwartz: Reaction to Marion Barry's death pours in

    Michael Neibauer
    23 Nov 2014 | 2:05 pm
    The death of Marion Barry, D.C.'s iconic but troubled former mayor, has generated an outpouring of statements from local and national leaders. Most vaguely acknowledge Barry's troubles while focusing on his work on behalf of "the least, the last and the lost," as the ex-mayor was known to say. Below is a snippet of a few of them. President Barack Obam a Marion was born a sharecropper's son, came of age during the Civil Rights movement, and became a fixture in D.C. politics for decades. As a leader…
  • Marion Barry dead at 78

    Michael Neibauer
    23 Nov 2014 | 5:23 am
    Marion Barry, the four-term District mayor whose public life was fraught with controversy but who never lost the vehement support of his core constituency, died around midnight Sunday at United Medical Center. He was 78. His family released a statement confirming with "deep regret" that Barry, a civil rights icon and the current Ward 8 D.C. councilman, had passed away. "Marion was not just a colleague but also was a friend with whom I shared many fond moments about governing the city," Mayor Vincent…
  • Home of the Day: Luxurious Waterfront Residence Rental Property

    Long & Foster Luxury Homes, Exclusive Christie's International Affiliate
    21 Nov 2014 | 1:51 pm
    By Vince Antonellie, Agent Home of the Day is presented by the Washington Business Journal with Long & Foster and Christie's International Real Estate. This is your invitation to view some of the D.C.'s most-luxurious properties. Come inside and take a look around. Click on the gallery image to view today's featured property. 601 Fairfax St N Unit 401, Alexandria, VA 22314 | $12,400 per month Exclusive luxury rental residence, $12,400 per month. This amazing property offers views of the Potomac…
  • Ex-board member sues Nonprofit Roundtable and its former CEO for defamation, fraud

    Mark Holan
    21 Nov 2014 | 11:50 am
    A former board member at the Nonprofit Roundtable of Greater Washington is suing the organization, its chairman and its former president and CEO, saying he was falsely accused of sexual harassment by the president and CEO and wrongly ousted from the board by its chairman. Chad Williams filed the suit Wednesday in D.C. Superior Court. He is seeking a range of relief, including public statements clearing his name of the accusation and more than $1.25 million for his "loss of earnings, general damages,…
  • Salvation Army weighing redeployment from D.C. to Northern Virginia

    Daniel J. Sernovitz
    21 Nov 2014 | 11:47 am
    The Salvation Army command overseeing the D.C. region is considering pulling up the stakes on its Pennsylvania Avenue NW headquarters and relocating to Northern Virginia — for the right price. The Salvation Army sits on prime land at 2626 Pennsylvania Ave. NW, the last piece of developable real estate on the south side of the avenue before crossing over Rock Creek and into Georgetown. By virtue of that, it has received offers from developers and investors for the property pretty much since the…
 
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    Wichita Business News - Local Wichita News | The Wichita Business Journal

  • See inside: Dave Burk’s Rock Island Lofts

    Josh Heck
    22 Nov 2014 | 6:52 am
    The latest apartment project for Old Town developer Dave Burk is now open. The first residents of the Rock Island Lofts moved in last weekend. Nebraska-based Perry Reid Properties is the management company responsible for the Rock Island Lofts, which are at 143 N. Rock Island. Rock Island Lofts has eight apartments, six of which are two stories. The other two are one-story apartments. Burk offered the Wichita Business Journal a tour of the facility this week. The attached slideshow gives a look…
  • Meitzner: No mayoral run in 2015

    Bill Wilson
    21 Nov 2014 | 2:20 pm
    Wichita City Council member Pete Meitzner will not seek the vacant mayoral seat this spring. Meitzner told the Wichita Business Journal Friday afternoon, "Simply put, it's just not the right time for me and my family." Instead, he plans to seek a second term representing District 2 on the city council. "In my first term on city council, I have gained a sincere awareness of the challenges we face as a city, as well as the vast opportunities to improve and create value for Wichita," Meitzner says.…
  • United Way fundraiser tops $15.1M

    Josh Heck
    21 Nov 2014 | 2:11 pm
    The United Way of the Plains surpassed its 2014 fundraising goal. The organization announced during a Friday luncheon it has raised $15.1 million this year. Two local companies topped $2 million in combined gifts. Here's a run-down of the United Way's top fundraisers, which reflect corporate and employee giving. Textron Aviation — $2.2 million. Spirit AeroSystems Inc. — $2 million. Cargill — $740,000. Intrust Bank — $522,715. Airbus Americas Engineering Inc. — $362,268. QuikTrip…
  • LSI Staffing opening new location in Texas

    Daniel McCoy
    21 Nov 2014 | 1:33 pm
    Wichita-based LSI Staffing will have 10 locations throughout the Midwest next week with the opening of its newest office in Mesquite, Texas. Ron King, LSI president and co-owner, says the company previously had a staffing office there that it moved to Irving, Texas. But, a "sizable new client" is allowing them to reopen the office. "We got another opportunity to be back in Mesquite," he says. "We'll continue to look at other opportunities, too." The company also has offices in Missouri, Nebraska…
  • The list: The biggest wind energy projects in Kansas

    Stephanie Bloyd
    21 Nov 2014 | 12:41 pm
    Wind energy generation in Kansas increased at nearly double the national average during 2013. The state's existing wind projects are featured on a new list in this week's paper. Wind potential in Kansas is estimated to be 952,371 megawatts, making it the second-best wind resource in the country, according to the National Renewable Energy Laboratory. Such potential is capable of meeting more than 90 times the state's current electricity needs. During the past decade, around $8 billion has been invested…
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