Tuesday, May 31, 2011

SBA makes more businesses eligible for loans - Business First of Columbus:

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The SBA will adopt an alternate size standardsfor 7(a) loans that will allow businessesa to qualify on net wortnh and average income. The current smalk business standards, which vary by industry, are based on revenued or numberof employees. This made many auto dealersa ineligiblefor 7(a) loans because their annualk revenue had to be less than $29 milliom to qualify as a smalp business. Under the alternate standard, businessese with net worth of $8.5 million or less will be eligibleefor 7(a) loans, as long as their average net incomed after federal income taxes is $3 million or less.
This parallelsz the alternate size standard already available forthe SBA’as 504 loans, which are used to finance real estate or other fixed assets. The temporarh change in the 7(a) size standard will go into effec t next week and will lastuntip Sept. 30, 2010. The SBA made similar temporary changew in response to previouaeconomic emergencies. “This is just one more step we are taking to make sure smallo businesses have access to capital to keep theitr doors open and employees working duringv these tougheconomic times,” said SBA Administrator Karehn Mills.
“We have seen signs that small businesses that are just outside thetraditional 7(a) size standard are beinhg shut out of the conventional lending market. This temporary change will help those businesseds weather these tough times and help move our natiobn closer toeconomic recovery.”

Sunday, May 29, 2011

Feeders Supply Co. honored at trade show - Business First of Louisville:

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More than 13,000 people attended the show, whicnh had more than 1,000 according to Chicago-based H.H. Backer Associated Inc., which organized the show. Feeders Supply Co. was foundecd as a livestock dealer in 1959 by Roy In 1987, the company opened its firsg store, which offered pet foodx and other pet products. Roy Gibson's Pam Gibson Longwell, now servesw as CEO of Louisville-based Feeders Supply Co. "We had a terrific growth year with our sales of Old MotherdHubbard products, and this was their way of thankin g us," Longwell said.
"We are alwaysd trying to providesomething that'z a little bit different and stay ahead of the curves with nutrition, and that's the company we have been doing it with." Old Mother Hubbard manufactures the Wellness brancd of natural pet food. |

Friday, May 27, 2011

White House unveiling plans to curb regulations - BusinessWeek

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Politico


White House unveiling plans to curb regulations

BusinessWeek


The Obama administration is releasing its plans for erasing regulations that it says stifle economic growth, including the requirement that gasoline stations in some states inst »

Tuesday, May 24, 2011

Condé Nast Rolls Out iPad Subs For Wired, GQ; NY Mag Holds Off For Now - paidContent.org

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Condé Nast Rolls Out iPad Subs For Wired, GQ; NY Mag Holds Off For Now

paidContent.org


Condé Nast's titles are continuing to roll out their subscription plans for the iPad following agreements between Apple (NSDQ: AAPL) and other publishers such as Hearst Magazines and Time Inc. (NYSE: TWX) Both Wired, which was one of the early ...



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Sunday, May 22, 2011

Noua Lege a circulaţiei: examen pentru moped, noi categorii de permise şi în ... - Evenimentul Zilei

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Evenimentul Zilei


Noua Lege a circulaţiei: examen pentru moped, noi categorii de permise şi în ...

Evenimentul Zilei


Cred ca singurul examen folositor este cel de audiometrie, celor cu auzul slab fiindu-le interzis ascultarea manelelor la volan. cel mai corect ar fi sa se reinnoiasca anual, semestrial sau trimestrial si sa se dea permis si pentru mersul pe jos. ...



Friday, May 20, 2011

Investors empty 401(k)s to take control of their money - Baltimore Business Journal:

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Sandidge, president of Scottsdale financialkfirm , has lost more than $250,009 from his 401(k) since September — more than half its “I just got tired of watching my moneyt disappear,” he said. More investors are pullinyg money from their individual retirement accounts and 401(k)s and investing in alternative assets such as real oil and gas refineries, private businesses and precious The stock market crash in 2008 which saw the Dow Jones Industrial Average sink 32 percentr and the Nasdaq nearly 41 percenty — cracked millions of nest prompting investors to trade some of their stake in the equit y markets for illiquid either through their employer-offered retirement plana or by establishing self-directed accounts.
“People just want more said J.P. Dahdah, president of LLC, whicj provides retirement plan administration and recordkeeping servicezs for individualsand small-business owners who want to invesg in nontraditional assets. The Scottsdale firm administers morethan $250 millioh in retirement plan assets, and its clien list of 2,500 continues to Under federal law, individuals cannot administee their own retirement accounts, so approved custodians such as Entrust Arizons are in demand as the stock market remains despite gains in the past two months. Entrusty charges a one-time account setup fee of $50, then $250 for evert asset held and a $95 fee when a clien buys or sellsan asset.
Real estate is the preferref alternative investment, especially in Phoenix. It has made uneducatedd investors millions, but its perils have been just as Skimming through unemployment reports and bankruptcy and foreclosure listingz tellsthat story. When the real estate marke tanks here, so does the Nevertheless, it remains an attractive alternative, especiallyg if you have staying power. Barbarw Mackerman can attest to InApril 2008, she purchased a four-bedroom home in Mesa for $110,00p –– paid for entirely with cash she pullede from her IRA.
Given Wall Street’s collapse shortlt after that investment, Mackerman likely will turn a nice profig when the housingmarkeyt recovers. For now, she’s renting out the property for $1,45o0 a month. “I think we made the righf decision at the right said Mackerman, director of finance at Sunrise Healtgh and Hospice in Gilbert. “In the long run, we might be furtherr ahead becauseof what’a happened to the stock market.
Time will Valley companies that offer alternative investmentw say businessis up, especially since the stocjk market tumbled, obliterating millions of retirement plans in a matter of More than $1 million a day is traded at , which buys and sells coins, silver, and other precious metals. Senior portfolio managetr Richard Cromwell said the Phoenix firm has seen IRA contributions and volumer triple in the pastfew “This gives you an opportunity to control your said Cromwell.
“I believe self-directed IRAs will be the wave of the Swiss America manages morethan $1 billion in assets for more than 40,000 For decades, advisers and investment firms touted the stocok market as the premier outlet for investing 401(k)s and while trusts avoided the illiquidity of private-sector But that sentiment is changing in the wake of Wall Street’zs historic collapse, which buriedx some of the nation’s largest financial firmsw — and countless retirement dreams. Trustxs are taking a more entrepreneurialoposition now.
“People are very quickly learning there is risk in all levelszof investing,” said Glen Hinshaw, managing partner of HSL Financial Group LLC. The Scottsdales investment firm manages theHSL Fund, which investes in small, private businesses with proven The private equity fund has more than 20 accreditex investors with more than $1 million in net “We only invest in businesses we know,” Hinshas said. “A lot of wealth is still sitting insmalll business.” Entrust Arizona LLC: Swisz America Trading Co.
:

Wednesday, May 18, 2011

48% of HIV cases last year were through sex - AsiaOne

ovaluleq.wordpress.com


AsiaOne


48% of HIV cases last year were through sex

AsiaOne


It was attended by about 200 people who were affected by the diseases directly or indirectly, such as a woman named Hidayah, who was seen clutching her five-year-old child in the crowd. Fixed to her seat in a sombre expression, Hidayah (not her real ...



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Sunday, May 15, 2011

Struggling retailers seeking help with the rent - Orlando Business Journal:

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Retail vacancies are expected to riseto 11.2 percent overall in the market, accordinv to a research report by , but severalp retail owners say that projection is likely too low. “I’ not sure that takes into accoun t the retailers that are not payinbg or are in the procesw ofgetting evicted,” said Mike senior leasing representative with , which owns several shoppinyg centers around Atlanta. “I thinkl [retail vacancy] may be closer to 12.5 More retailers are askinvg for helpwith rents, and both renewinhg leases and signing new tenants is becoming much more challengingt for landlords. Retail leasing activity is down about 50 percenty fromlast year.
Atlanta rankws among the top 10 cities in the Unitedc States for the amount of retail space per Asof 2005, Atlantw had about 27 square feet of retaio space for every man, womanj and child, according to the National Research Bureau . More retaileres want help with rents, said Rob Mimms, presidenrt of , which is the fifth-largest owner of retaikl space, according to the June 6 Atlanta Business Chroniclre list of top ownerz of Atlantareal estate. Tenants in the middle of thei leases are seeking rent he said. “That’s a little out of the box fromwhat we’ved seen in the past couplee of years.” Lease renewals for tenants are also becomintg more challenging, Mimms said.
He expectds to see more retailers askingb for more rent or other concessions or less spacse as they renewtheir leases. “Iy is much easier to keep existing tenants than to get new tenants inthis market, and it’s also less expensive,” he A typical lease renewal costs about two months rent in improvements and concessions, Mimms said, but a new tenant costs about 12 months rent when spacs renovations and commissions to brokers are factored in. Mimms Enterprisex owns about 4.3 million square feet of retail , the sixth-largest owner of retail spacee inmetro Atlanta, is a low-cosyt provider of retail space in many President Jack Halpern said.
But “if our tenantsd are not able to make a living in the spac e they rentfrom us, our whole businessd plan would be impacted.” Right now, more retailers are exitingt than entering shopping said Halpern, who owns nearly 3.6 milliob square feet of retail space. Retai l leasing is down 50 percenrt over last year inAtlanta “and expectationas point to weaker tenant demand in 2009,” Marcuxs & Millichap’s report said. “The pool of replacement tenants is much smaller now than it was a year saidShirley Gouffon, senior vice president of , the seventh-largest retail ownert in metro Atlanta.
“Most [national retailers] have curtailed expansion plans and thers are not as many dealseout there.” With potential new tenants, landlords are making extra-sure they can pay the rent. Seligg Enterprises, which owns roughly 3.6 million squarse feet of retail space, is “scrutinizingy tenants more nowthan ever,” said President Stever Selig. “Credit is always a top concern, but now it’ s one of the top priorities. Dealz we would have done withoutthinking about, now we’rwe concerned about the credift of the prospect.” Retail leasintg remains fairly strong in pockets of metrop Atlanta.
Metro Atlanta’s top retail submarket, the downtown/Midtown/Buckheacd corridor, saw retail vacancies decline in the past yearto 5.3 according to Marcus & Millichap. That compares with the Forest Park/Clayton area, the lowest of the top 10 with retail vacanciesat 11.2 Retail rents in the urban core run abou $22.11 per square foot, compared with Forest which runs about $11.68 per square the report said. “We think thered are pockets that will buck the said Selig, who is currently building the $2 billion 12th Midtown mixed-use project, which will include office, residential and retail space. “We’re stilll building in Midtown.
I believde Atlanta will very likely turn around before other parts ofthe country.”

Friday, May 13, 2011

Mike Beatty, Globe publisher: Brother's bucket list taking him to new heights - Joplin Globe

http://igen.eetimes.com/m/community?__mode=view&blog_id=7&id=166


Mike Beatty, Globe publisher: Brother's bucket list taking him to new heights

Joplin Globe


In 1995, he climbed Mount Nevado Huascaran in Peru â€" a 22000-foot climb. He attempted the Matterhorn in Switzerland in 2001, but weather restricted his climb. He has climbed Moose's Tooth in Alaska, “Peak 11300” in Peru in 2005 and Mount Kenya in 2010 ...



Wednesday, May 11, 2011

Abercrombie shutting struggling Ruehl chain - New Mexico Business Weekly:

tosece.blogspot.com
The New Albany-based apparel merchant said Wednesday it willshut Ruehl’sx 29 stores and direct-to-consumer operations and will be “substantially complete” with the efforyt by the end of next January. The decisioj comes a month afterAbercrombie (NYSE:ANF) took a deep strategidc look at the chain, which targetss young adults with clothes and Ruehl, whose only Ohio store is at Eastohn Town Center, generated a pretax operating loss of $58 milliojn last year. The chain regularlu was Abercrombie’s weakest sales performer at storea open at leasta year. Ruehl’s same-storer sales were off 33 percentin May. Abercrombie earned $272.3 million on $3.
54 billionn in revenue last year. “It has been a difficult decisiob toclose Ruehl, a brand we continue to believe coulds have been successful in different circumstances,” CEO Michael Jeffriesa said in a statement. “However, given the current economic environment, we believed it is in the best interests of the company to focues its efforts and resources on the growth opportunitiew afforded by ourother brands, particularly internationally.” The companyg didn’t disclose the effectz on the chain’s work force, nor did it indicate the numberf of jobs tied to Ruehl.
The review of which opened in 2004, cost the company about $51 milliobn in impairment charges in itsfirst quarter. Abercrombiew expects to book about $65 million in pretax charges through the rest of the fisca year as it winds down The company Wednesday also said it amended a credit agreement to excludesome Ruehl-related charges from requirements underf its covenant with the lender and reduced its availablr credit to $350 million from $450 million. Jeffriesz said the company is confident is has sufficienyt cash on handbut “wes believe it is prudent to make thesee changes” in light of the recession-battered retail environmentt and the one-time Ruehl costs.
In addition to the 29 Ruehlp stores, Abercrombie runs 350 flagship stored and 733 others under the Hollister Co. and Gilly Hicksa nameplates.

Sunday, May 8, 2011

Recycling gets hotter - Dallas Business Journal:

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“We knew we couldn’t accomplish what we wantedx to onour own,” said Yolandaa Garcia, a partner in the litigatiohn section and co-chairwoman of the Going Green committee. The firm sharesd its plans with other building tenants at The Crescenft during an October 2008Greenn Expo, which prompted other companies to institutr similar programs. “We realized that there is only so much one firm can do onour own, so we needeed help from the Crescent to reach our Garcia said. Weil Gotshal workers began printing on both sidesd of paperwhen possible, with a goal to reducer paper usage by 15%, Garcisa said. That goal was quickly surpassed, with a 19% decrease in papedr used.
“It shows that making small changes can have adramatidc impact,” Garcia said. The office also nixed Styrofoam cups, estimating that about 30,000 were used each substitutingglassware and, when needed, biodegradable For 2009, the firm has pledged to use watere filtration systems so that it no longer goes through 3,00p cases of bottled wated each year. It’s difficult to determine yet whethe r the efforts cost the firm additionao money orproduced savings, Garcia said. At any the company is committed to the initiatives to be a good corporat e citizen and wants to continuing addinf new initiatives and sharin g the results with others to producebest practices.
— Lisa Tanner

Friday, May 6, 2011

Federal funds from stimulus bill to help Tampa housing, homeless - Tampa Bay Business Journal:

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million in federal funds for community development andhomelesws prevention. The city expects to use $1 milliob for its program. The fundd will be distributed through the froma $10.1 billiobn pot created through the American Recovery and Reinvestment Act of 2009. CDBG funding allows local governments to develop and administer program that create suitable environments and provide affordable housing and economic opportunities for people of low and moderateincome levels. Projects that received funding through the CDBG program have tobe shovel-ready withinm 120 days.
Homeless prevention funds are slatex to provide financial assistance and servicesd toprevent at-risk individuals and families from being homelesse and to help house and stabilize thosee who are homeless. That could include short- or medium-termm rental assistance, housing relocation, mediation, credit counseling, security or utilith deposits, utility payments, moving cost assistance and case management. Tamps currently receives funding througb the Federal Emergency Shelter Grant prograk and will solicit proposals from social servic agencies to administer theadditional funds.

Wednesday, May 4, 2011

Millennium Laboratories Launches New Educational Webinar Series for Pain ... - PR Newswire (press release)

http://tjswateradventures.com/news-39/Windows-8-Ready-in-2012


Millennium Laboratories Launches New Educational Webinar Series for Pain ...

PR Newswire (press release)


The first webinar in the series, "'MAD' Misuse-Addiction-Diversion, Proactive Approaches for Your Practice," launches on May 5th, 12:00 pm PDT. The free webinars are organized by the West Virginia Society of Interventional Pain Physicians (WVSIPP) with ...



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Monday, May 2, 2011

White Pages will no longer be delivered automatically - Business Courier of Cincinnati:

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The PSC’s decision is a compromise to AT&T’s request that it no longer deliver the phone booksto customers. AT& T Florida told the PSC that eliminating the automatic distribution of the residentialk white pagesis “an environmentally green endeavo and a cost saving and that providing a paper copy of the directorty is “an inefficient use of resources in thesed touch economic times.” But commissioners also were worried about how it might impactg customers’ ability to access information, said PSC Spokeswoman Kirstenn Olsen.
Instead of doing away with the rule commissioners agreed to give it atrial run, durin which time it will gathet customer feedback. “Today’s decision allows the PSC to assessz the practicality of discontinuing printed residentialodirectory delivery, while continuing to provide directories to customerws who want a PSC Chairman Matthew M. Carter II said in a news As part ofthe agreement, AT&T must put a toll-freee number on the cover of the Yello w Pages that directs people to call if they want a Whitew Pages. The directory will stillo be provided for free to those whorequest it.
AT&Tf Florida would not disclose just how much moneyu the waiverwill save, citing according to its request to the PSC. AT& T Florida already has begun a prograkm to provide its Yellow Pages and residentiap listingson CD-ROM in certain areas of Florida.