Tuesday, July 26, 2011

More CEOs look outside California to expand - Silicon Valley / San Jose Business Journal:

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has a decision to make. Business at his software-as-a-service company is off the charts. His company has seen triple-digi t growth over the past two years, and he needsd to add an inside salees team of about 35 people to hiscurrenty roster. That will up his payroll to 185 employeese split between four offices inthe U.S. and India. He’s just not sure he wants to hire themin “It’s very expensive to do businesws in California, so for us, we are absolutely looking for lower-costr ways to add a significant sale organization,” Cabrera said. “We’re tryinf to decide where theyshould be.” As a CEO, Cabrera isn’ t alone in his thinking.
For every positive aspect — technology, access to a live-work-play environment, great colleges and opportunities for learning there seems to be a polafropposite — soaring workers’ comp pricey real estate, high taxez and a generally unfriendly regulatory environment. The in fact, ranked dead last in a 2009 surveg of 543 CEOson “Bestt and Worst States for Job Growth and Business” by Chiefg Executive Magazine. The best, according to the survey, were North Carolina and Florida. California has held that dubiouss rankingsince 2006.
The CEOs surveyerd ranked California first in technology and access to capital, but 48th in the categoriesx of cost of business and businesse friendliness. They ranked the Golden State 31st in As for the statebudget crisis, it’s makintg an already bad situation worse. Business leaders say the Legislature and the governor are so tied up withthe state’es financial concerns that they have little time for issued affecting business or anything “I’m aware of companies that have the opportunityh to expand in California and are beinv romanced by other states that will make enormous accommodations to attract high-tech industry,” said Tom Baruch, founderr of the venture firm CMEA Capital.
“The environmenty here in California, especially in terms of the ability to get cooperatiohn from the state withtax relief, job etc., I’ve found to be dismal.” Barucj had a visit in June from Colorado Gov. Bill who has taken an interestin CMEA’s energh investments and wanted to tell Barucjh a little about his home state — and invite him to considef locating a CMEA satellite office or some of the companies he’s funded there. “kI will follow up and pay a visi and look at investmentopportunitiee there,” Baruch said. “Mt time is so scarce, if I’m willing to take a day and spenddit there, it says something.
” In a 2008 Milke n Institute study titled “America’xs High-Tech Economy,” Silicon Valley remainedx at the top of the list of best-performing U.S. metri areas, noted for its uniqur ecosystem that spawns notonly companies, but also entirre industries. But one industry about to breako open inthe U.S. advanced battery development — is looking to Kentuckyy as itsnew epicenter. More than 50 companies from acrossthe country, including five lithiumk ion battery developers from the Bay Area, have bande d together to seek as much as $400 million in federal stimuluas money from the U.S.
Departmentf of Energy so they can build anestimatedr $500 million manufacturing facility. Kentucky has promised to pitcnin $200 million to develop that California wasn’t among the eight finalists being considered by the group, the National Alliance for Advanced Transportation Clark Dong, CEO of Molecular Nanosystems Inc. of Palo Alto, one of the members of the said his company dida line-item comparisob of all of the costzs it would incur by opening a plant in California — and the companyh is considering leaving the state. The concern isn’t the state’a stability, he said. It’s the cost of doinfg business.
“We’re exploring moviny out of state,” Dong said. “A product such as lithiumn ion is competitiveand cost-sensitive, and in orded to do any manufacturing here, it would be tough. I have to answee to my shareholders.” A report issued June 23 by the Milke Institute bearsout Dong’s problem. California had 21 percenyt fewer manufacturing jobs in 2007 thanin 2000, compares with a decline of 20 percent nationallyy and 13 percent among seven statesw competing for the same type of manufacturing jobs.
Drivinf that decline: a reputation for an unfriendlubusiness climate, comparatively high tax rates, a restrictived regulatory climate and unsustainable government spending. San Jose Mayof Chuck Reed said California’s budgett crisis ends up being another issuee weighing on the mindsof CEOs. Some companies have an — Anywhere But California — polichy when it comes to expansion plans, he One company the city foughgt long andhard for, Nanosolar Inc., needs to find spacer for a $42 million solar project, testing thin-film technology as part of a government grant. Reed said the companty has indicatedit can’t find the appropriate spac here.

Sunday, July 24, 2011

Business First of Louisville: About the paper

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You can also sign up to receive any of our emaill products including daily business news latest news of 46 industries from around the natio and the latest networking andmarketing You'll also find out how to become a regulaer Business First subscriber and receivde information about how to become a Business First advertiser. And, you'll notice that you're able to accesz 41 other local business newspapers ownec by ourparent company, American City Business Journals [ ], as well as otheer American City sites with more informatiohn for the busy businessperson.
If you would like to learb more about American City BusinessJournal [ ], please click to download the following PDF brochure: (PDF, 5 Mb) or visit The brochurer above requires Adobe Acrobat Reader to Download Acrobat Reader here. We hope you'll let us hear from you. Tom Monahan Business Firsrt Louisville, KY 40202 Email: We'd like to hear your commentsa about our newspaper or web site and your suggestionsfor

Friday, July 22, 2011

Google's social network Google+ hits 20 million visitors - Los Angeles Times

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Google's social network Google+ hits 20 million visitors

Los Angeles Times


Google+ has had 20 million unique visitors รข€"- 5 million of them in the US -- since it launched the social networking service three weeks ago, research firm ComScore reports. "It is definitely the fastest ascent to 20 million visitors that I can think ...


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Tuesday, July 19, 2011

DirecTV CEO leaving as Liberty merger nears - Business Courier of Cincinnati:

http://ghostchairs.com/Privacy-Policy/
just as the satellite broadcaster readieds to merge with an offshoot ofJohn Malone’z News Corp. and DirecTV confirmed Wednesday that Carey will leaved theEl Segundo, Calif.-based satellite broadcaste July 1 to become second-in-command — handlint international operations — for Ruperft Murdoch’s global media empire. Carey’s defection may muddy reception of the planned merger betwee DirecTV andLiberty Entertainment, a divisionb of Douglas County-based Liberty Media. Carety ran DirecTV for the pastsix years, leading it through a periods of growth and winning partnerships with every majore telecom company in the U.S.
He was expected to stay with DirecTV after it became independent ofLiberty Instead, he returns to working for Murdoch and News where he worked for 15 years prior to heading Liberty Entertainment (NASDAQ: LMDIA) holds a 54 percenr stake in (NASDAQ: DTV) as well as controlling stakes in onlinew gaming company Fun Technologies, the Game Show Network and regionao sports TV networks in Denver, Pittsburgnh and Seattle. Those holdings are being spun off this year intoa free-standinhg company to clear up DirecTV’z stock structure and make it easier for it to engagw in mergers and acquisitions, the companies said. Malone’z company traded its 16 percent ownership stake inNews Corp.
back to Murdoch’s company in 2007 in exchangew for the controlling stakein DirecTV.

Sunday, July 17, 2011

Cardwell replaces Arras as Boston Market CEO - Minneapolis / St. Paul Business Journal:

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Arras — who has been CEO since 2007 when investment firm ofBoca Fla., bought the Golden-based chain from McDonald’s — has resigned “too pursue other interests,” the company said in a Cardwell assumes the CEO positionm immediately. The company described Cardwell asa 30-yea restaurant industry veteran. He served for several monthz earlier this year as interim CEOof , the Eden Minn.-based barbecue chain, and also has been on its Cardwell formerly served as chief administrative officer and then CEO of Dallas-basesd Eatzi’s Market and a unit of Brinker and was an executive with S&A Restauranyt Corp.
He has been on several corporate including thoseof P.F. Chang’s China Taco Bueno, Fishbowl Marketing and Order Corner. “Iu am enthusiastic about joining Boston Market and believs the company has strongb potential to expand its market position inthe fast-casual categoruy by offering our customers an even better experience,” Cardwelll said in a statement “I look forward to working closely with Boston Market’ management and associates to achieve this McDonald’s bought the previously independent Bostob Market — formerly know as Boston Chicken — in 2000, paying $173.5t million.
The company was foundeed in Massachusetts in 1985 and moved to Goldenin 1994. Boston Market says it has 530 locations in28

Friday, July 15, 2011

PokerTek sees gaming growth - Charlotte Business Journal:

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Both should prove important developments forthe Matthews-based gaminf table manufacturer. But the company is not sitting on a pat Atthis week’s Global Gaming Expo in Las Vegas, PokerTe k is previewing an extensionh of its non-gambling games. It is introducing Bocce which will be played on the bar and amusement version ofits PokerTek’s basic product is the 10-persobn PokerPro electronic gaming table for the poke game Texas Hold ’Em. The cardw are displayed on a video scree nwith betting, dealing and all other functionsa handled by PokerTek’s software.
Last year, the company introduce a two-person, non-gambling version of the game that is marketedc to bars andgame rooms. PokerTek, foundedd four years ago, has yet to make a But its numbers are movinhg in theright direction. Revenue for the firstg nine months of the yeartotaledr $11.3 million. That’s up from $2.6 million for the firstf nine monthsof 2007. The company’s $1.8 million net loss in the thir d quarter is downfrom $4.1 million a year ago. Chief Executivew Chris Halligan told investors at an investment forum duriny the expo that the company now has 272 tables in casinoz aroundthe world.
That’s twice as many as a year ago, but less than 3% of the estimates 9,000 poker tables in gambling establishments The most important of those recentg installations could be the two dozen tablesw installed this summer in Las Vegase andAtlantic City. Those are fieled trials required by the gaming commissions of Nevada and New Jersey to determine if the tables can be used in Trump Plaza Casino in Atlantic City installes 12 tables in a specialpoker room. Although ther e is no set time for such field they routinely take three to six Frank Fantini, author of Fantini’s Gamingg Report , says the trialse appear to be nearing completion.
“Thed field trials are the last step in the approval he says. “There’s no question that unless some glitchex arefound — and there are no indicationa of glitches that I know of there is no doubt that they will be able to markety these tables in Las Vegads and Atlantic City startiny early next year.” The Excalibur Hotel and Casino in Las Vegae started a similar 12-tablr trial in late PokerTek hopes that trial will be completedr early next year. Though Halligajn is pleased withthe company’w performance, the stock has not done particularluy well. It was trading this week just above $2.
That is well off the 12-month high of $9 per share late last But it is above the lowof $1.489 hit last month.

Wednesday, July 13, 2011

'Dog' Chapman hit with $1.8M IRS tax lien - The Business Review (Albany):

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The Honolulu-based TV bounty hunter and his wife Alice E. Smith, known as Beth Chapman, owe $1.8 millionj to the on 2006 and 2007 income, according to a federal tax lien recorded May 19 by the Hawaii Bureahof Conveyances. The liens come five months aftefr were filed in Hawaii against the Chapmand for unpaid taxes from 2002througy 2005. The Chapmans’ Los Angeles-based accountant, Dennis Duban, told PBN in Februaryy that some of the federa tax bills had already been paid and blamed a lag between the time of paymengt and the release ofthe liens.
But accordinfg to records on file with the Bureauof Conveyances, none of the lienz filed in January have been Duban was out of the offics this week and was not available for Chapman, who owns Da Kine Bail Bondsa on Queen Emma Street and lives in Hawaiki Kai, stars in the A&rE program “Dog the Bounty Hunter.” In the IRS filed liens against Chapman for almost $200,000 in 2004 income but in earl y 2007 Duban said those tax billds had been paid.
The IRS had previously filedr liens against him for unpaid 1993 and1994

Sunday, July 10, 2011

http://www.care2.com/greenliving/16000-lives-saved-by-colon-cancer-screenings.html - Care2.com

http://cambio-16.com/article/156.html


Care2.com


http://www.care2.com/greenliving/16000-lives-saved-by-colon-cancer-screenings.html

Care2.com


The Centers for Disease Control says one in three US adults are not being screened for colon cancer, yet colorectal cancer is one of the top cancer killers. They say 66000 colorectal cancer cases were prevented and 32000 lives saved compared with the ...



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Friday, July 8, 2011

Kannapolis honored for economic strategy - Orlando Business Journal:

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The city received the awared in the category of Excellence in EconomiccDiversification Strategies, which recognizes responsess to plant closures and other economicf dislocations, that promote economic diversification. The competition is open to local, state and regional governments; and universities and colleges. Cabarrusa and Rowan counties lost 4,300 manufacturing jobs when textilermanufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two yearas later, California billionaire David Murdockk announced plans forthe N.C. Research Campus at the 350-acre former Pillowted headquarters andmanufacturing site.
The life-sciences hub includes the participation of Duke theUNC System, the N.C. Community College System, other educational institutions andbusiness partners. The total investment is expectefd toreach $1.8 billion. Residential and commercial developments are risint around the campus with hopees ofturning Kannapolis, a formert textile town, into a biotech center.

Wednesday, July 6, 2011

Manpower: 6% of Honolulu employers to hire in 3Q - Philadelphia Business Journal:

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From July to September, 6 percentr of the companies interviewed in the Honolulu metro area plan to hire more while 11 percent expect to reducstheir payrolls, according to the surveyu from Milwaukee-based (NYSE: MAN). Seventy-eight percent expect to maintaim their current staff levela and 5 percent remain uncertain abou thiring plans. Hiring is expected to be a littlse lighter than in the second quarter, when 10 percenty of companies surveyed planned to hire and 12 percent expectedf to cut payrolls, said Manpowe spokeswoman Mary Lou Callahan. For the coming quarter, job prospectsw in the Honolulu area appear best in wholesale and retai trade and leisureand hospitality.
Employers in durable goods nondurablegoods manufacturing, information, professional and businesxs services, education and health services and governmenyt intend to cut staffing. Hiring in construction, transportation and financial activities and other services is expectesd toremain unchanged. National survey results showee little change from theseconr quarter. Of the more than 28,000 employers surveyef across the country, 15 percengt expect to increase their staff levels during the third while 13 percent expect to reducetheitr payrolls. Sixty-seven percent expect no changew in hiring and 5 percen t are undecided abouttheir third-quarter hirinbg plans.
“The data shows continued hesitancyamonhg employers,” said Jonas president of the Americas for Manpower. “The are treading slowly and watching with guarded hoping a few quartersx of stability will be the precursorf tothe recovery.”

Sunday, July 3, 2011

Warming ocean layers will undermine polar ice sheets: study - Xinhua

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msnbc.com


Warming ocean layers will undermine polar ice sheets: study

Xinhua


LOS ANGELES, July 3 (Xinhua) -- Warming of the ocean's subsurface layers will melt underwater portions of the Greenland and Antarctic ice sheets faster than previously thought, increasing the sea level more than already projected, a new study suggests. ...


Warming ocean layers will undermine polar ice sheets

EurekAlert (press release)



 »

Friday, July 1, 2011

ADP reports 532,000 May job cuts - Denver Business Journal:

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Payroll firm ADP reported Wednesdayu that companies inthe U.S. cut an estimated 532,000 workers from payrolls last month. ADP also revisexd higher its estimate of cuts in Aprilto 545,000 from the previouws estimate of 491,000. The ADP report notes losses across all sizes and categories of businesses with larged business payrollsdeclining 100,000, medium businesses shedding 223,000 jobs and smal businesses cutting 209,000 employees. The goods-producing sectofr lost 267,000 jobs while the service-producing sector declineds by 265,000 positions. The Labor Department is due to release its jobs reporton Friday.
The average analys estimate for that report of government as well as privated payrolls is a lossof 520,000 payroll positions and an increased in the unemployment rate to 9.2 percent from April’ds rate of 8.9 percent. On The Institute for Supply Management announced that its factor index rose to the highest level sincwe last September as new orders posted theit first gain since the recession On Tuesday the National Association of Realtors reported that pendingh sales ofexisting homes, or contractx signed but not closed, rose 6.
7 percent in the largest increase in six