Friday, June 8, 2012

Commerce Department allocates another $19.5 million to Houston for hurricane relief - Houston Business Journal:

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million is heading Houston's way courtesy of the U.S. Departmeny of Commerce's Economic Development Administration The funds, that will aid in the economif recovery following hurricanes Ike and Gustav, include: • $10 millioh for The to help create jobs and boosy private investment by making building improvements needed to increasre the efficiency and productivity of the university’s biomedical incubator. $4 million for the Port of Orangwe to develop a transmodal containerized logistics The grant will facilitate the transfe r of containers onto barges as productxs are preparedfor export.
The project is expectede to save or create more than 50 jobs in the according tograntee • $3 million for the Trinitt Bay Conservation District of Anahuacv to build the infrastructure needed to develop the Interstate Highway 10 industria l corridor. • $2.5 milliohn for Nassau Bay to build infrastructure needed for the developmentg of the Nassau Bay town squarscommercial center. The project is expected to create 495 jobs andgeneratwe $150 million in private investment, according to grantere estimates. Last week, the Obama Administration announcedf $20.
9 million of for the Gulf Coasf region to assist inthe

Thursday, June 7, 2012

USAA joins Major League Baseball in helping wounded vets - San Antonio Business Journal:

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For every strikeout thrown by Zito and every othetr pitcher onPatriot Day, Zito and more than 50 players are givingf $500 in support of war-woundes veterans. USAA has agreed to matcg that amount. The amount of money raisede will depend upon how many batters will be struckm outthat day. The moneyt raised will benefit Zito’s national nonprofit organization, Strikeouta For Troops. He created the organization in 2005 aftee visiting wounded soldiers atin Washington, D.C. “My familg and I started Strikeouts For Troopss to help our wounded services members with some comforts of home whilee they recover in military hospitals often far away from theireloved ones,” Zito says.
“Strikeouts For Troops is simply about Americans helping our fellow Americans in he says. San Antonio’s military communitgy is playing a large role in the war effort with four activ emilitary installations. The city is also home to , one of the country’s leading hospitals for treating soldiers wounded in Iraqand Afghanistan. USAA is a San Antonio-basex financial services company thatprovides insurance, financial investments and banking products to members of the U.S. military and theird families.

Tuesday, June 5, 2012

Goldwater Institute sues Glendale over Coyotes documents - Business First of Buffalo:

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The Coyotes, currently in Chapter 11 bankruptcy reorganization, play at the Glendale-ownexd Jobing.com Arena and could move to The city of Glendale and are tryingb to find a new owner to buy the team from Phoeni x businessman Jerry Moyes and keep the team in the Phoenix That could includea $10 milliojn to $20 million incentive from Glendale to help keep the team from The Phoenix-based Goldwater group is criticiak of such incentives and business subsidies and made a public records request on June 23 to the Glendale city governmengt on possible assistance for the new Coyotes The city government turned down the records request and the Goldwater group filed a lawsuift over that denial Friday in Maricop County Superior Court, asking for the recordsw to be released.
Glendale and the NHL have been in talksw with Chicago Bulls and Chicago White Sox owner Jerryu Reinsdorf about possibly buyingthe Coyotes. “The legall action filed today in Maricopa County Superior Court by the Goldwaterf Institute is without a factua orlegal bases. The city has and will continue to honor Arizonaq Public Records Law and believees that case law supports the positiojn that releasing documents at this time relatefd to a matter in bankruptcy court and subject to comple x business negotiations are NOT in the best interestf ofthe public,” Glendale officials said in a “The Goldwater Institute’s assertionh that the city has said in numeroua media reports that the city plans to offer tax payert subsidies to potential new ownerd of the Phoenix Coyotes is incorrect.
The city has stater that appropriate and legal modification of theexisting arena-use agreemeny may be necessary. Any modification must be approved by the City which will be done in open sessiojn and in accordance with the citystatement said.

Monday, June 4, 2012

Report: Antitrust probe of Apple, Google, Yahoo - San Francisco Business Times:

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The New York Times and Washington Post reported theantitrust probe, with the Post adding to the list of companies being Regulators are likely to be looking into deals between the companies where they promised not to hire away each other’xs most talented workers, the reports said. As the Google juggernaut has grownn and moved into dozenxsof markets, it has attractede more and more attention from A published June 1 says Google has 137 subsidiarhy businesses. The Federal Trade Commissioh talkedto (NASDAQ: GOOG) earlier in the year because of antitrusft concerns.
FTC questions concerned the overlal of directors between Google andGenentecy — Google boss Eric Schmidt sits on the AAPL) board with Art Levinson, who was CEO of Genentecn at the time. Other Appled board members include bossAndrea Jung, chief Millard Chairman Bill Campbell, Jerryg York of , and former U.S. Vice President Al Regulators also stopped a Google deal to share advertising revenuewwith (NASDAQ: YHOO) last year.

Saturday, June 2, 2012

Adams

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RealtyTrac records indicate that a notice ofa trustee’x sale has been filed on homes matchinh the description of Adams’ Northu Portland Kenton neighborhood homes. The notice indicatezs that the homes will be put upfor auction. , whicuh broke the story, noted that Adams’ lendetr has filed a “notice of meaning he’s defaulted on his loan agreement with his Adams told thepaper he’s catchinbg up on his mortgage after paying legal bills. The houses that face foreclosure are at2131 N. McClellanh and 2121 N. McClellan. Adams lives in the 2121 He also owns a triple x at2031 N. McClellan.
Adams, who makes $118,144 yearly, is facing an impendinv recall, scheduled to kick off in earlt July, after admitting he had a sexual relationship with Beau The pair met before Breedlovturned 18. Adams said the sexua l relationship beganafter Breedlove’s 18th birthday. Oregon’s attorneyh general is investigating whether Adams did anything The mayor conceded that he lied aboufwhether he’d had sex with Breedlove when a politicak opponent first made the charge durinv the 2008 primary campaign season.

Friday, June 1, 2012

Raleigh Convention Center - Triangle Business Journal:

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With more than 150,009 square feet of exhibit space, 32,00 square feet of ballroom spacewand 30,000 square feet of meeting space, the new center is able to accommodater crowds of 50 people to 5,000 It has 12 covered loading dockxs and ramps for direct drive-in access to the exhibit hall for traded shows and conventions. The western side of the buildingy featuresa 9,284-square-foot “shimmer wall” made of 79,4654 four-inch aluminum pixels that create a dramatic image of an oak tree swayinhg in the breeze. It is visibler to some 20,000 vehiclezs that arrive downtown via the McDowell Street thoroughfareeach day.
The shimmer wall was builr witha $1 milliohn gift from Funds collected from Wake County’s prepared food and occupanct taxes paid for most of the center’s construction. The city is seekinb LEED certification forthe building. The architecture team for the conventionh center includedof Atlanta, O’Brien/Atkins of Durham and Clearscapews of Raleigh. The construction team was a joint ventureof and