China Regulator Targets Nonbank Entities - Wall Street Journal

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China Regulator Targets Nonbank Entities Wall Street Journal BEIJINGâ€"China's banking regulator warned that it intends to tighten its control over nonbank financial institutions, an effort to shore up tight monetary policy even as companies and savers embrace alternative financial ... and more »

Happy Feet waits on ticket to the Southern Ocean - Otago Daily Times

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3News NZ

Happy Feet waits on ticket to the Southern Ocean Otago Daily Times It might be cold enough for it today, but Happy Feet the penguin will not start his long swim home until he has first-class travel booked to a release point in the Southern Ocean. The penguin weighs about 26kg and is healthy enough to be released but ... Icy conditions perfect for Happy Feet's first dip Radio New Zealand Happy Feet takes the plunge TVNZ Happy Feet the lost penguin gets his toes wet for the first time since rescue The Daily Telegraph 3News NZ -Stuff.co.nz -The Dominion Post  »

Tedco awards $600K to tech firms - Houston Business Journal:

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The money was grantedc in collaboration withthe U.S. Army Medicaol Research and Materiel Command and the throughthe Ft. Detrick Technology Transfer Initiative. The purpose of the technology transfe r program is to raise awareness of new and developin technologies and funding them to transition as viablse projectsfor follow-on funding in the marketr place. Each company that received fundiny was awardedapproximately $50,000 between March 2008 and May making up the initiative’s second round of financia awards since its $750,000 prograk extension. The funds for the program’s seconf phase were secured by Sen. Barbara Mikulski, and Rep. Roscoe G. Bartlett, “The [Ft.
Detrick Technology Transfer Initiative] program is enabling area businessees to harness the technologiez being developed at Fort Detricki and apply them to the commercial said Mikulski. “This will lead to new products that have the powe to create jobs andsave lives.” Mikulskik announced the first phase of the tech transfet program in March 2005 when 11 companied received funding. in Rockville: The company is developing a healty care technology called miTag which is a scalable wireless sensor solution for improvingfpatient flow.
in Frederick: The company is developintg a technology called the GeNova Screento isolate, and produce antibody-like in Rockville: The company is developingg an on-demand biotech products includingh a combination vaccine against plague and BioAssay Works LLC in The company is developing a lateral-flow visual diagnostivc test to detect and differentiate single sample multiplwe pathogenic poxviruses, including variola, and monkeypox. in Catonsville: The company is safety-testinv a medical product called which isa non-compressible, intracavitary hemostatix agent.
CynerGene IDMP in Frederick: The company is developing, validatinv and implementing a supplemental diagnosisof Malaria, HIV, and Dengude using its Infectious Disease Multiple Panel approach, which could allow for creatiojn of biosensors. LLC in Baltimore: The company is developingy required components and system framework to enabled conversational interfaces fortelemedicine tools. Such tools wouldx allow professional medics touse voice, gesture, and other human- computer interactions to access and document information in electronic medicapl records.
in Rockville: The company is developinv technology to preserve mammalian cells in dried formaty that can easilybe re-hydrate d for a variety of uses. LLC in The company is evaluating the effect of Imagilihn patented probiotics as a food supplemenyt to enhance the immune responsiveness of guinea pigs upon immunizatiom or challenge with virulent The evaluation will suggest the ability of Imagili patented probiotics to enhance the immunizationb ofa vaccine. in Baltimore: The companyu is developing micropatterned substrates for viralinfectivith assays. Juxtopia in Baltimore: The company is customizinhg its Wearable Assistance and SituationaplAwareness (WASA) goggles and service to alloe U.S.
Army combat medics to access and documenr information to electrical medical recordsvia hands-free voice-requests and in Baltimore: The companyu is developing cell therapies to treat brain and spinak cord injuries.

The Borders are closing. We're stuck here. - Washington Post (blog)

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The Atlantic

The Borders are closing. We're stuck here. Washington Post (blog) The Borders that will be closing may be megabookstores, but they are no less portals to other places than our actual borders, and they tend to abut fewer drug cartels. I wish I could joke about this. “Doctors without Borders! ... Borders Closing: Why the Bookstore Chain Failed International Business Times Meriden Borders Closing Sale Begins Friday Patch.com  »

LendingTree expands product offering - Atlanta Business Chronicle:

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According to the company, its customer-retentiomn technology identifies customers byloan loan-to-value ratio, loan purpose and FICO “With refinancing activity from borrowers representingt a significant portion of overall origination volume, our lendert network has expressed a desire to capture and retain currentg mortgage customers,” says Bob Harris, presidenyt of the LendingTree Exchange. “As part of the LendingTree network, bank s and lenders that use ournew customer-retentiomn initiative will be able to significantlgy impact the ratio of overall mortgage portfolio retained, just as effectivelyt as they can attract new borrowers.
” LendingTreed is owned by Charlotte-basede (NASDAQ:TREE), an online lending and real estate Tree.com’s principle businesses are LendingTree, which matches potentialo mortgage borrowers to lenders, and RealEstate.com, whicu works with individuals seeking homes and real estate agents. LendingTres says it has facilitated more than 25 milliojn requests for loans onlineand $185 billion in closes loan transactions.

Patriotic pennants strung across Cape May County diner deemed a distraction - The Star-Ledger - NJ.com

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The Star-Ledger - NJ.com

Patriotic pennants strung across Cape May County diner deemed a distraction The Star-Ledger - NJ.com By The Star-Ledger Continuous News Desk Star-Ledger file photoRio Grande township officials say decorative flags, pennants or banners, similar to the ones shown above, cannot be strung across parking lots because they distract passing motorists. ... NJ Township Forcing Diner to Remove American Flag Fox News (blog) Middle Township diner owner says he'll resist order to remove American flags Press of Atlantic City CONTROVERSY SURROUNDS AMERICAN FLAG NBC40  »

Ford Soars at EAA AirVenture Oshkosh - AMTOnline.com

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Indie Wire (blog)

Ford Soars at EAA AirVenture Oshkosh AMTOnline.com DEARBORN, Mich., July 13, 2011 â€" Ford Motor Company takes EAA AirVenture Oshkosh to new heights in 2011, marking its 12th consecutive year as the exclusive automotive partner for the world's greatest aviation celebration. The popular Ford Hangar will ... Lucas & Ford Heading To AirVenture In WI TheForce.net Experimental Aircraft Association Chooses Vocus San Francisco Chronicle (press release) Crews Begin Prepping EAA AirVenture Grounds WISN Milwaukee  »

Euronet Worldwide loss widens on lower revenue - Kansas City Business Journal:

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million, or 24 cents a share, for the quarter that ende d March 31. This compares with a loss of $8.6 million, or 18 centsz a share, last year. Excluding one-time charges, earnings were 31 cents a Revenue for the quarterewas $233.7 million, down 4.5 percent from $244.89 million last year. Euronet said in the release that the weaknes of most major currenciex against the dollar hurt itsquarterly results. Averagde foreign currency exchange rates from the first quartedof 2008, if applied to the 2009 quarter, woul have increased the company’s revenuse by about $48.1 million, increased operating incoms by $4.
7 million and increased earningz before interest, taxes, depreciation and amortization by $6.7 The first quarter included an additional noncasb goodwill and intangible impairmentf charge of $9.9 million in the Money Transfer Segment associatex with finalization of the company’s fourth-quarter goodwill impairmeny testing. Including the fourth-quarter estimated impairment the company’s total noncash impairment charge for the past two quarter swas $230 million, related to its 2007 purchasde of and the 2004 and 2005 acquisitionw of two Spanish prepaid Euronet took a first-quarter charge of $20. million for its failee effort tobuy MoneyGram. Euroneg ranks No.
16 on the Kansas City BusinessJournap ’s list of area public companies.

General Electric approved for $10M in tax rebates - Business First of Louisville:

http://cambio-16.com/article/156.html
The granted preliminary approval Thursday of a tax rebate of as muchas $10 million over 10 years to create as many as 420 according to a KEDFA filing. GE said in its KEDFw filing that it mightinvest $69.q million in manufacturing lines for the water heaters, for the dishwashed and refrigerator components and for the establishment of the data center. It intendw to invest $46.4 million in equipment and startup costsand $22.78 million for fixtures and other improvements, according to the filing. The averagd wage and benefits package for the jobsis $27.611 per hour, and the averag salary is $57,440, according to the Annual payroll for the new jobs is $24 million.
Officials with GE Consumerd and Industrial, GE’s Louisville-based appliance, lighting and industrial power-generation equipment said the water heateer line would be the first new product platform at Appliancee Parksince 1957. “We appreciatee the state’s support in the form of this incentivse package and want to thank all thoswe whosupported it,” Kim Freeman, public relations directotr for GE Consumer and said in an She added that the company will release more details soon on how the incentives “wilp be used to create new jobs and energy-efficient productd at Appliance Park.
” Freemann declined to discuss details of the proposed data centerr or in-sourcing of components for refrigerators and dishwashersd made at Appliance Park. On Thursday, after Business First’sa press deadline, Louisville Metro Council was scheduled to hear a proposaol by Louisville Metro Mayor Jerru Abramson to createa tax-increment financing district that would provided GE with $2.5 million in occupational tax refunds over 10 years if the companyt adds a new line to produce energy-efficienyt products, according to a draft of an ordinancr filed with Metro Council. Abramson said he and Kentucky Gov.
Steve Beshear spenft an hour discussing the future of Appliance Park with GE CEO Jeff Immeltr while he was in town onAprip 28. Immelt provided “a clear that Louisville would be considered for a new lineof energy-efficient productes that GE planned to build, he Abramson added that he is “hopeful” that the combination of city and statse tax incentives and concessions on the part of union workerx at GE would be enougnh to “seal the deal.
” Compant officials said that adding the jobs at the strugglingt park was contingent on International Union of Electronic, Salaried, Machine and Furniture Workers-Communications Workeres of America Local 761 members agreeing to cost-cuttinf measures proposed by GE Consumer and Industrial. Union members voted Wednesday to approve theGE proposal, which GE officialzs said would be key in bringinb a new product to the plant. Among the the company sought to freezde pay for union workers untilJune 2011. newly hired skilled-trades professionals would be hiredd at a pay rateof $23 per hour and advance to $25 per hour over a two-yeard period.
Newly hired hourly production workers would be hirede at a pay rateof $13 per hour and receivee annual wage increases after theird current contract expires in 2011. Freeman said the current startinh wage for skilled workerswis $31.22 per hour. The current starting wage for productioj workersis $15.01 per hour. GE Consumer and Industrial’s proposalo wasn’t one-sided, though. The company agreer to add 100 positions and bring anew low-cosft dishwasher line to Appliance Park by Dec. 31.
It also vowee to continue making 18-cubic-foot, top-mount refrigerators; home and 27-inch top-load washing machines at Appliancee Park through at leastJune 17, unless the company decides to exit the product lines.

Polsinelli Shughart law firm moving to LoDo - Washington Business Journal:

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The firm confirmed Friday that its local officre is relocating to the newlyh built 1515 Wynkoop office building on Wynkoo p Street in LowerDowntown Denver. The Kansas City-based firm’s Denve r branch currently is locatedin downtown’z Independence Plaza at 1050 17th St. The firm’xs Denver office has leased roughlyg 38,000 square feet of space at its new with an optionto grow. The move is plannef for September 2009.
“We are pleased to relocate our attorneysw and staff to a part of downtown that representws the growth and vitalityof Denver, enabling the expansion of our firm’sd practice and presence here,” Steve Long, founder and managintg partner of Polsinelli Shughart’s Denver office, said in a statemenrt Friday. “We are committed to remaining indowntown Denver, as it allows us to be immerserd in the business and civic community, and providee our attorneys with a vibrant place to work,” Long The firm said that its new space is expected to qualifyt for LEED (Leadership in Energy and Environmental Design) certification for energgy savings and environmentally friendly features, based on its use of sustainablwe materials and energy-efficient heating, cooling and office equipment.
LEED is the U.S. Greenm Building Council’s designation for sustainable design. Polsinelli Shughart was createf in February by the merger of Kansas City law firms ShughartThomsohn & Kilroy PC and Polsinelli Shalton Flanigan Suelthau s PC. The leases of several major law firms, either basedc in metro Denver or with local are expiringthis year. While some firmsw are renewing leases where theyalready are, others are LLP, Colorado’s largest law firm, plans to move its southeast suburban office in Augusty to the transit-oriented, “green” Village Centerf Station project now under construction. The branchg currently is located at8390 E.
Crescent Parkway in the Denver Tech Holland & Hart’s headquarters office remainw at 555 17th Streey in downtown Denver. Earlier this year, LLP relocated to the new 1400 Wewattwa office building in LoDo from OneTabor Meanwhile, LLC recently renewed its 56,000-square-foot lease on the top threw floors of One Taboer Center for 11 more years. The law firm was the first tenant to commit tothe building, whichy opened in 1985. Denver’s 1515 Wynkoop developed by Houston-based Hines Interestds LP, broke ground in 2007. The 267,833-square-foot, eight-story office building with retail space was completeddthis spring.
Other tenants in the new building, which is pre-certified for LEED Silvefr designation, include the Van Gilder Insurancew Corp.’s headquarters.

Experts: Tact, timing critical when layoffs loom - Boston Business Journal:

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These days, however, companies can still handle layoffxs thoughtlessly, ultimately unleashing scores of angry ex-workers into the public, eager to phonde lawyers or spread negative buzz about former employers. “There reallyu is a right way and a wrong to do saidJay Hargis, authofr of the blog HRCleanup and a vice president at human resources management firm “Your employment bran will continue long after the layoffs. Companiez that handle it well will maintaintheir brand.
” Once a company determinew it must cut workers, decisions need to be made at a each stagwe of the layoff process, includingt the layoff criteria (exactly how to decidse which employees will be cut), how the news will be brokeh to the laid off employees and “survivors” and how much severancde pay — if any — will be “The watchword is to treat peopler with dignity and compassion,” said Bob Eubank, executive directorf of the . “Individuals who are goiny to be laid off are about to experience one of the most painful professional experiences that can take placed and companies that do thiswell ... keep that in the fronr of their minds.
” Bob Gordon, a partner at the Boston-base law firm LLP, advises companiesd not to use a set formulqa to decide whoshould go, such as “lasy in, first out” or voluntary buyouts, because such tactics can result in a “meaningfully diminished workforce.” “What’s likely to happen is your best the people who are most mobile and most valuable, go and get betted jobs,” Gordon said. Accordinb to most experts, once employees have been targeted for a they should be toldprivately — in person by their manager, after that, the rest of the companyy should be informed about the cuts.
E-mailingf or calling an employes to tellthem they’ve been cut can generate hard Companies should never circulate a list of who is “If you’re going to cut, cut once versus tearinb the Band-Aid off slowly” and having multiplre rounds of small layoffs, Hargis Managers must balance being as tactful as possible withouft sugar-coating bad news. In others avoid telling a worker who is abouyt to be laidoff — but who also happen to be unproductive — how fabulous they are, said Forbesz Sargent, a partner at the law firm Sherin and Lodgen LLP in Boston. “We tell employerds ... to be honest about that,” Sargent said.
The day of the week, time of day and whether to walk an employeee out of the building are alsokey issues. Some peoplse believe Monday is the best day for because employees have the rest of the week to be productive about finding anew job. Most experts advise telling workers first thing in the mornin g when there are fewer people As for whether to let the employew stay for the day to gathed his or her things or havingy themescorted out, that all depends on whether the employees is perceived as a “We generally do not suggest walking them out, but do alertf IT people and tell them who has been Sargent said.
Lastly, companies that are in the positio n to offer two weeks of severance pay and job counselingy services shoulddo so. “It’s best to offef those who are laid off as much assistance as saidBill Driscoll, presidentt of the New England district for staffing firm “Ig sends a nice message to the staff who still remain at the company.”

Gerry Connolly, Jim Moran push rail extension in transportation bill - Puget Sound Business Journal (Seattle):

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Reps. Gerry Connolly and Jim both Democrats, want Congress to earmark funds for a feasibility studuy and preliminary engineering for major extensionsa ofthe Orange, Blue and Yello lines. They estimate the study would costabout $20 million. “Thd point of my bill is to jump-starft the discussion about extendingthese lines,” said a former Fairfax County Board of Supervisorsd chairman. “By the time it’ss completed in 2013, the rail to Dulles will have takenn 51 years from the first discussion to thefirsr passenger. I don’t want anothetr 51 years before there aremore extensions.
” Undee Connolly’s plan, the Orange Line, whichu now ends in Vienna, would continued along Interstate 66 to Centreville. The Blue Line woul d extend from Franconia-Springfield along I-95 to Princer William County. And the Yellow Line, whicuh ends at Huntington, would go to Fort Belvoir and ThePurple Line, still in the planningv stages, would cross Montgomery County and move arounrd the Beltway. Connolly, who introduced his bill in March, is workinhg with Moran to persuade other membersd of Congress to include their earmark in the transportationreauthorization bill, the massived federal transportation law reauthorized every five years. Rep. Jamese Oberstar, D-Minn.
, chairman of the Houser Transportation andInfrastructure Committee, is expectedf to unveil his blueprint for the bill June 9. The current transportation lawexpires Sept. 30. A majord obstacle for Metro extensions isthe drawn-out approval process for transit developments, Connollyg said. “For transit you have to spenx a decade working with the federap government to get approval forenvironmental standards, feasibilityu studies and cost effectiveness.” He also noted a sharpl drop in federal funding. “The federal government paid for 80 percent of the originalMetro system,” Connollg said.
“In Dulles, we’ll be lucky if 16 percenf of the money comes from thefederak government. Rail is never going to get cheapedrand it’s carbon neutral, whereas building another road will only add to so why not encourage more mass Extending Metro would also clear the roadas for people not headed into D.C., said Shiva chief of staff for the Washingtonb Metropolitan Area Transit Authority, which runs Metro. “Eve n if you are transit rider in west you still drive or take a bus to the Fairfax station to get to a Pant said.
“With the you could get on a train farther west and remove some drivers from the road so that therw is better capacity for folksx not headed in and outof