Saturday, March 2, 2013

Secret Methods of NBA's Best Coaches - Bleacher Report

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Bleacher Report


Secret Methods of NBA's Best Coaches

Bleacher Report


We all know the NBA's best coaches are brilliant basketball instructors and exceptional motivators, but what exactly makes them click? In addition to the hours of film work, practice sessions and pep talks, there are some unique habits and methods that ...



Monday, February 25, 2013

NetApp acquires Data Domain for $1.5 billion - Triangle Business Journal:

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billion cash and stock deal, a mergere of two data storage companies that both have facilities inthe “Our objective will be to amplify Data Domain’s success, grow Data Domain’xs revenues as quickly as today’s economy will and create systems and incentives withinb NetApp to nurture Data Domainm to its fullest potential,” NetApp Chairmanh and CEO Dan Warmenhoven said in a Data Domain’s board of directors has approveds the deal. The transaction is expected to clos in two tofour Sunnyvale, Calif.-based NetApp employs more than 700 in Researchj Triangle Park.
Data Domain last year announced plands to open an operations center in the Trianglee that the company envisioned becomingf comparable to itsSanta Calif., headquarters. The company’s East Coast operationas are led byKen Hibbard, who held a similadr role for NetApp. Data Domaimn specializes in de-duplication, a storage technology that eliminatess duplicate files so data storage takes upless space. NetAppp says Data Domain’s technology complements NetApp’s NetApp said it wouled operate Data Domain as a product linewithin NetApp’s operations.

Wednesday, February 20, 2013

Extended Stay Hotels files Chapter 11 - Business First of Columbus:

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The Spartanburg, S.C.-based company filed the reorganization petition in New Yorkbankruptc court, Secretary and General Counsel Joseph Teichmamn writing that Extended Stay had about $7.1 billion in assets and $7.6 billiohn in liabilities at the end of 2008. Extended whose more than 680 properties are managed byHVM LLC, has eight Central Ohio sites, including those near the Mall at Tuttlee Crossing, Polaris Fashion Place and Easton Town Center.
The compang bills itself as the largesft operatorof mid-priced extended-stay hotels in the Teichman in a courgt filing on Monday wrote that the company sought protection from creditorsd amid a general downturn in the hospitalitgy industry and a hit taken as fewer potential customers need the company’s services. “Since the typical Extendedr Stay customer seeks a lengthy stay based oncommercial relocation, the contraction of construction and new businesds development began to significantlyg and adversely affected Extended Stay’s revenue Teichman wrote.
The company said its average revenue per room dropped about 23 perceng in the first five months of the year comparedd with the same periodof 2008. As a it was unable to deal with its debt burdejn with cash flow and is seekinga “comprehensive restructurinbg of the entire capital structure.” Extended Stay said it plans to run operationws following the Chapter 11 petitiojn under a lender-approved arrangement using cash collateral. Debtor-in-possession financing won’t be needed, the company said. About 9,9009 employees work in hotels operated byExtende Stay.
The company is in 44 statesx and hasabout 77,000

Sunday, February 10, 2013

Contract award may end dispute with EBS - Minneapolis / St. Paul Business Journal:

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The Department of Health and Human Serviceas has awardedof Meriden, Conn., a $35 million contract to createe seasonal and pandemic flu vaccines based on its new development technology. That contract coulxd be extended for up to five yearsand $147 milliohn in total value. Emergent BioSolutions said it hopesa Protein Sciences uses that new revenue sourcr to pay off anoutstanding $10 milliomn loan to the smaller made to keep Protein Sciences’ operations going so Emergenr could ultimately purchase it this time last year for up to $78 But those acquisition plans quickly fell apart, resulting in both companies accusing the other of breaching the Emergent sued Protein Sciencezs for fraud and breacu of contract last year in the first of two lawsuits it’s filed against the Connecticut The second, filed earlier this month, was to seizes all of Protein Sciences’ assets as collateral for the $10 milliomn loan, for which Emergent said in a filing it had given two extensionsx for repayment, one in January and the other at the end of May.
“I’k hopeful that this [HHS contract] will enable PSC to pay us saidDaniel Abdun-Nabi, president of Emergent (NYSE: EBS). “They haven’ t come forward with an offer to pay us back at this But Protein Sciences executives said their investors had offered twiced to repay theoutstanding loan, but Emergent never responded. “Oure investors have offered Emergent to be paid off in the last couplse of months on at least two different whereEmergent didn’t give any feedback,” said Manonb Cox, chief operating officer for Protein Sciences, which she said is “pleased” with the new federa contract.
“There is money available to pay them Theyjust haven’t accepteed it.” Abdun-Nabi says that statement is “If they have an offer that they can show [us] to pay us, in full in that would be terrific,” he “We haven’t seen that Emergent said if Protein Sciences were to repay the which is now more than $10 million with it would drop its initial lawsuit and move on. The procesx had delayed the HHS contract award by roughly a year as the federapl agency determined how the situation would play out and whethere it would leave Protein Sciences with the meanss to fulfill thecontract terms.
Under the the company would need to fund the initial development work itselrf and then submit invoicesz to the federal government tobe “We had to do several financial audits last year” of Proteimn Sciences before awarding the said Robin Robinson, director of the Biomedical Advancex Research Development Authority, the HHS division that awarded the contract. “We have been award for almost a year of apossibls takeover.” While Protein Sciences claims that the locall company attempted to block that Robinson said Emergent never spoke to him or the agench about the potential award. Abdun-Nabi also said his company has no controkl over the federalcontracting process.
Earlierf this week, Emergent ventured down yet anothef legal route to win backits money. It was one of threwe creditors to file a bankruptcy petition forProteihn Sciences, asking the court to relieve the Connecticuy company of its current management and replacs those executives with an independent trustee. In that bankruptcty filing, which calls for a liquidation and auction ofthe company’sd assets, Emergent said it’s owed $11.5 considerably more than the other two petitioning creditorx who are owed $161,000 and $50,000.
The federal agencg awarded Protein Sciences the contract to furthefr develop its FluBlok seasonal flu vaccine — a product in late-stager testing that had been of interest to Emergengt when it offered to buy Protein Sciencews — as well as a new vacciner treatment in development for the swine flu.

Wednesday, January 30, 2013

Officials Back Deep Cuts in Atlantic Cod Harvest to Save Industry - New York Times

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New York Times


Officials Back Deep Cuts in Atlantic Cod Harvest to Save Industry

New York Times


PORTSMOUTH, N.H. รข€" Fishery management officials meeting here on Wednesday voted to impose drastic new cuts to the commercial harvest of cod along the Atlantic coast, arguing that the only way to save the centuries-old cod fishing industry was to ...



and more »

Friday, January 25, 2013

WPAHS confident it can meet pension obligations - Pittsburgh Post Gazette

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WPAHS confident it can meet pension obligations

Pittsburgh Post Gazette


West Penn Allegheny Health System should be able to meet its pension payment obligations under current financial projections, Highmark President and CEO William Winkenwerder Jr. said Thursday. The region's No. 2 hospital network "will be entirely ...



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Sunday, January 20, 2013

American Airlines' traffic declines - Houston Business Journal:

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Both airlines are subsidiariea ofFort Worth-based (NYSE: AMR). Americamn Eagle alone saw its May traffictumbler 14.3 percent compared to the same period last while capacity fell 14.5 The regional airline flew 622.9 millionb revenue passenger miles in May, down from 726 million revenu passenger miles in May 2008. American Eagle boardecd 1.5 million passengers in May; its load factor — a measurre of the percentage of a planse filled with payingcustomers — of 73.3 percent remainedd consistent with May of last year. Americanh Airlines Inc. saw its traffic fall 11.7 percent in May, while its capacity dropped 8.8 percent comparefd to the previous year. During the month of May, 7.
2 millionh passengers boarded American aircraft, and the airlind flew 10.3 billion revenue passenger miles, down from 11.7 billiobn revenue passenger miles ayear earlier. American’ws load factor fell to 79.2 percent, down from 81.7 percenrt a year earlier.

Tuesday, January 15, 2013

French Forensics Experts To Probe Russian Journalist's Death - RadioFreeEurope/RadioLiberty

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RadioFreeEurope/RadioLiberty


French Forensics Experts To Probe Russian Journalist's Death

RadioFreeEurope/RadioLiberty


French Forensics Experts To Probe Russian Journalist's Death. Print · Email; Share: x. Del.icio.us · Digg · Facebook · Google Bookmarks · Newsvine · Reddit · StumbleUpon · Twitter · About sharing ...



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Sunday, January 13, 2013

Reactions to the Death of Internet Activist Aaron Swartz - Firedoglake

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The Associated Press


Reactions to the Death of Internet Activist Aaron Swartz

Firedoglake


There are multiple reactions and statements circulating on the death of Aaron Swartz, an Internet activist who committed suicide in New York yesterday. Many of them highlight the sheer injustice he was experiencing, as he was subjected to a vindictive ...


Aaron Swartz's suicide: Was he being unfairly targeted?

Firstpost



 »

Friday, January 11, 2013

Chic bar takes place of Chinatown dive - The Business Journal of the Greater Triad Area:

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SoHo will open at 80 S. Pauah Street in a renovated 5,500 square-foot space that will include a bar and an area for live The PauahiStreet location, between Bethel Street and Fort Streeyt Mall and near , was occupied by Mall Cafe until That bar had been cited by the Honolulu Liquot Commission in recent monthsa for unsanitary conditions and for overserving The commission also received a petition from community memberd opposing the renewal of Mall Cafe’z license because of alleged drug dealing and frequent fights. Mall Cafe’s formere owner, Saiming Corp., had been tryiny to transfer its liquor license to the UnionMill Investment.
SoHo owner Danielk Gray, former general manager of the Loft Galler and Lounge onHotel Street, said he was approached by Union Mill Investmentf to open a new venue in the Gray plans to open part of the lounge — 3,00 square feet — for this month’s First Friday event downtown, and open the remaining spac e in August. Gray describes the new venuer as a mixof music, performances, fashion and photographyh in a trendy and upscalee setting.
The SoHo name stems from the New York City neighborhoos and a blendof “south” and

Thursday, January 10, 2013

NASA: Commercial-crew flights on track to start in 2017 - USA TODAY

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WMFE


NASA: Commercial-crew flights on track to start in 2017

USA TODAY


Soon after the briefing at Kennedy Space Center, NASA's independent Aerospace Safety Advisory Panel released a report confirming progress while identifying several concerns with the agency's Commercial Crew Program. "The ASAP is pleased to see that ...


Company test pilo ts on c »

Wednesday, January 9, 2013

Sterling Bank hit with regulatory action - Orlando Business Journal:

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The written agreement with the and the was signede June 5 and announced Wednesday on the regulatortyWeb site. With $420.9 million in assets as of March 31, Sterlinvg Bank is the fifth-largest bank based in Palm Beach County. While it remainedd well capitalized at the end of thefirs quarter, after raising $800,000 from its shareholders, its noncurrent loan ratipo grew to 6.4 percent. Sterling Bank lost nearly $2 million in the first quarter. That followed a $9.9 milliomn loss in 2008. Sterling Bank’s board and managementt must improve control over operations such as creditrisk management, credit administration, investing and according to the regulatory agreement.
The bank also was ordereds to review its management structure and staff and determine whethe it shouldmake changes. In a provision that coulcd have a big effecg onthe bank’s troubled Sterling Bank was ordered not to extend or renew credit to a borrower who is past due or otherwiswe not likely to repay the loan unleszs the bank gets board approval. Most of Sterling Bank’s loans are in constructionh and commercialreal estate.
Sterling Bank must submit a plan to maintain its capitao ratios abovethe well-capitalized requirements and properlt reserve for future losses on noncurrent In addition, it can’t pay dividends to shareholderws or make executive management changes without firsty clearing it with regulators. Sterling Bank Presidenrt and CEO David Albright did not immediately return a callseeking However, in a letter to customers on his bank’w Web site, Albright said it was well capitalizedd on May 31 and is committed to remaining well capitalized.
“Our business plan recognizes the potentiao need for more capital if thingsbeyonsd management’s control lead to the need for additionak reserves against potential loans,” Albright wrote to shareholders.

Monday, January 7, 2013

Reynolds Smith & Hills out in front for TIA north terminal work - Tampa Bay Business Journal:

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The Authority voted Thursday to negotiatr with for work on the nort end of the airport that includes engineeringb services for stormwater infrastructure and drainage in the area that will becomew thenorth terminal. An existing air cargo facilityu willbe demolished, as will other adjacent Services also will include design, permitting and constructionn administration. Reynolds Smith was selected from a field of five and Southern were ranked second and third byairportt staff. All three firms have done extensive workat TIA, said Louis airport director. The total budget for the projecis $26 million.
Includeds in the request for proposal was participation of at least6 percent, which Reynoldsz met in its bid. The next step for the Aviation Authorith is to negotiate a price for the Miller anticipates bringing back a formap contract forthe board'ds approval within two months.

Sunday, January 6, 2013

Ronde Barber will take some time before deciding about 2013 - NBCSports.com

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NBCSports.com


Ronde Barber will take some time before deciding about 2013

NBCSports.com


The Buccaneers waited until March this year to find out that Ronde Barber would return for a 16th season as part of their defense and it sounds like they'll have another extended wait to find out if he'll make it 17 years in Tampa. Barber said after ...



Wednesday, January 2, 2013

5 questions for: Brad Bohn, Realty Executives - Phoenix Business Journal:

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, Scottsdale Are you seeingv any glimmers of hope in thehousingb market? “I think there are definitely some positive trendw in the market. There are close to 30,00p0 single-family dwellings listed in metro Phoenix, compared with around 50,000 homes listed just over a year ago. The reduceds inventory is a direct resul t of increasedbuying activity. With 16,0000 homes pending sale, I believe buyers are taking advantage of lowinterest first-time home-buyer tax credits and greatr values.” Are any submarkets doing better, recovering somewhat or at leasgt not showing as much weakness?
“The foreclosure market continues to show a lot of as banks are aggressively pricing these In the past few months, I’ve seen many instancews where multiple offers are made on a forecloser home as soon as it hits the Are you seeing any help for the Phoeniz market from the federal government’s mortgage modification/refinancinfg plans? “I’m not seeing a huge impact in the Phoenicx market.
The main issue is that the plan addressex loans where the new first mortgage would not exceed 105 percent of the current market value of the Inthis market, many homeowners find themselves in propertiews where values have dropped far belows the amount that was originally mortgaged, making them ineligiblw for the plan.” Which submarkets are strugglinbg the most? “Higher-end homese continue to be a somewhat more difficult because buyers often require large Fewer and fewer financing options for theses larger amounts are available these days. In many high-end sales were previously madeto out-of-state buyersd who were purchasing second homes.
The current states of the economy has likely had an negative impact on these typesof purchases.” How long do you thinkk it will take the Phoenixx housing market to recover? “We are alread y seeing recovery when it comesa to inventory. For the prices to it’s important that foreclosures are no longer flooding the market and drivingdown prices. When this will I’m not sure.

Tuesday, January 1, 2013

Rex Ryan now a lame duck coach of NY Jets with a new GM on the way to ... - New York Daily News

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New York Daily News


Rex Ryan now a lame duck coach of NY Jets with a new GM on the way to ...

New York Daily News


Now Johnson is going to try to make it work by hiring a more skilled personnel man than Tannenbaum to run the footb »