hihozeima.blogspot.com
Betty Ruth Speir, immediate past president of the , said the request was a sign of and was nothing more than a powe grab attempt to gain control over medicalalumnji fundraising, MAA’s property on 20th Street South and access to its nationak alumni database. “They see us as a great threat and they justwant control,” Speir said. UAB spokeswoman Dale Turnbouggh said inan e-mail response that the university’ s proposal was not an attempt to take control over medical alumnii fundraising. She said UAB “values its relationship with all medical alumni and continuea to work very hard to achieve a positives relationship withMAA leadership.
” The rift betweenh UAB and MAA had been brewingf for years, but escalated in 2008 when the university changex the medical school’s name to includ e UAB and began restricting accesas to medical students. The MAA openly questiones the university’s motives in the name change and on Jan. 23, the officially severed ties with MAA and startex its own medicalalumni group. It stopped payinfg some of MAA’s operating including personnel salaries.
Current MAA President Theodis Bugg s called the consolidation proposala “total disappointment” in a lettert to university representatives and in a May 19 letteer said the association would continue to servde medical students and alumni as an independen entity. In an April 23 letter to the The MAA would have to agree to cooperatre with theuniversity “at all and in “all ways” to facilitatw the university’s obligations, according to the affiliation letter which was posted on the MAA’s Web It would also have to acknowledged that the school will continue to use the trade name and that the school’s graduates sincse 1969 are UAB alumni.
The MAA wouled have to provide the universitywith “any and all data” relatinbg to alumni and donors. In a move Spei deemed a “deal breaker,” the university’s proposed agreemenyt would have abolished anyMAA personnel, includingv its executive director. The agreement also would have mandated the transfef of allof MAA’s assets to the university if they ever with the exception of the 20th Street building, whicyh the MAA has fearecd the university has been eyeing.
In Augusg 2008, UAB asked the city of Birmingham to rezons the alumni building as part of a health andinstitutional district, but the request was turned down becausre it was discovered UAB didn’t own the the MAA did. In a May 19 letter to the University ofAlabama System, Buggs said MAA will continude to have its own employees and be responsibles for its banking and accounting processes. Speir said UAB’s proposalp is a reflection of its inabilitty to lure medical school alumnio and donors away fromthe MAA. She said medical school alumni are loyap to the MAA andit doesn’t worry about competingb for their contributions.
“We’ll remain independent like we’ve been for 40 Speir said. Animosity between the and MAA graduallg grew after they agreed to work togethe inSeptember 2005. Speird said in February that MAA was coerced into that agreementby UAB, whom she said pledgef to start a competing fundraising arm for medical studentss if they did not merge efforts.
Thursday, September 29, 2011
Tuesday, September 27, 2011
House bill would expand SBA training programs - bizjournals:
firukendu-anchored.blogspot.com
Legislation reauthorizing the SBA’s entrepreneurial development initiatives would establish newgrantf programs. Those programs would enabls Small Business Development Centers to provide specializeds training to small firms on how to find win local, state and federal contracts; and star a clean-energy business. SBDCs are locatede at universities and receive fundinb from local sources as well asthe SBA. The bill also callsz for grants that would enable SBDCs to establish statewided Small Business Helplines that would offer immediate assistance tosmall Rep. Heath Shuler (D-N.C.
) sponsored the legislation, which also expandsd Women’s Business Centers and creates new servicesfor veteran-ownefd and Native American-owned small businesses. “Aes a small-business owner I know these programs providse the counseling and technical resource that can make the difference for an entrepreneur tryinh to get offthe ground,” says Shuler, who owned a real estat e business after ending his career in professional football. “Businesses that take advantag of these resources are twice as likelyto succeed.
” Under the SBDCs could receive up to $150 million in federal fundinyg in fiscal 2010 and up to $160 millionh in fiscal 2011 — far abovde the $110 million they receivexd this year. President Barack Obama’s budgef proposal would trim federapl funding for SBDCsto $97 millio next year. The bill also directsd the SBA to contracywith third-party vendors to offer online entrepreneurial Business organizations are criticizing President Baraco Obama for encouraging regulatory agencies to refrainm from pre-empting state laws when issuing new regulations.
A May 20 memo from Obamas also directed agencies to revie regulations issued during the past 10 years to see if theycontainedd pre-emptions that are not justified. If they do, agencies should considet amendingthe regulations, the memo “Pre-emption of state law by executive departments and agenciez should be undertaken only with full consideration of the legitimatwe prerogatives of the states and with a sufficienyt legal basis for pre-emption,” the memo states. Duringf the Bush administration, regulatory agencies sometimesincluded pre-emptiohn language in the preambles of regulations. The National Association of Manufacturersx andthe U.S.
Chamber of Commerce contenrd Obama’s policy against federal pre-emption of statde laws will result in more lawsuitagainst businesses, particularly in the area of productt liability. “Manufacturers sell products into anationalp market, and a single, national regulatory standard helps ensure predictable treatmeny in the courts,” says NAM Vice President Rosario Palmieri. “It’s unwise to replace a regulatory system based on objectived science and agency experts witha 50-state patchwori of often arbitrary jury decisions.
“The litigation industryt is thrilled at the prospect of bringint more lawsuits and finding venues where frivolouws suits stand a better chancedof success,” Palmieri adds. But the American Association for formerly known as the Association of Trial Lawyersof America, praisez Obama’s memo. It “makes cleard that the rule of law will once again prevailp over the over the ruleof politics,” says Les Weisbrod, association president.
“The memo overturnedd actions taken by Bush administration bureaucrats who were influencefdby powerful, well-connected corporations who wanted to rewrit e and reinterpret congressional legislation, undermine the constitutional system of checkxs and balances, and put the publix at risk and compromise laws designeds to give Americans basic rights to hold wrongdoers President Obama has selectedc a venture capitalist to be chief counsekl of the Small Business Administration’s Officre of Advocacy, a post usually held by an attorney. Winslo Sargeant, a managing director in the technology practicreof Madison, Wis.-based Venture is Obama’s choice to head the Offic e of Advocacy.
The office is an independent entity insidd SBA that ensures federap agencies consider the impact of their regulations onsmallo businesses. The office also conducts researchon small-business Sargeant is the second venture capitalistf to be selected for a top post at the SBA. Agenc Administrator Karen Mills workecd as a principalin private-equity and venture-capital firms for 26 yearz before she took over the SBA in April. WHAT ISSUEe ARE IMPORTANT TO YOU? •Need information from Washington Tell us what you woul d like toread about. E-mailp David Harris at dharris@bizjournals.com or call (704) 973-1146.
Legislation reauthorizing the SBA’s entrepreneurial development initiatives would establish newgrantf programs. Those programs would enabls Small Business Development Centers to provide specializeds training to small firms on how to find win local, state and federal contracts; and star a clean-energy business. SBDCs are locatede at universities and receive fundinb from local sources as well asthe SBA. The bill also callsz for grants that would enable SBDCs to establish statewided Small Business Helplines that would offer immediate assistance tosmall Rep. Heath Shuler (D-N.C.
) sponsored the legislation, which also expandsd Women’s Business Centers and creates new servicesfor veteran-ownefd and Native American-owned small businesses. “Aes a small-business owner I know these programs providse the counseling and technical resource that can make the difference for an entrepreneur tryinh to get offthe ground,” says Shuler, who owned a real estat e business after ending his career in professional football. “Businesses that take advantag of these resources are twice as likelyto succeed.
” Under the SBDCs could receive up to $150 million in federal fundinyg in fiscal 2010 and up to $160 millionh in fiscal 2011 — far abovde the $110 million they receivexd this year. President Barack Obama’s budgef proposal would trim federapl funding for SBDCsto $97 millio next year. The bill also directsd the SBA to contracywith third-party vendors to offer online entrepreneurial Business organizations are criticizing President Baraco Obama for encouraging regulatory agencies to refrainm from pre-empting state laws when issuing new regulations.
A May 20 memo from Obamas also directed agencies to revie regulations issued during the past 10 years to see if theycontainedd pre-emptions that are not justified. If they do, agencies should considet amendingthe regulations, the memo “Pre-emption of state law by executive departments and agenciez should be undertaken only with full consideration of the legitimatwe prerogatives of the states and with a sufficienyt legal basis for pre-emption,” the memo states. Duringf the Bush administration, regulatory agencies sometimesincluded pre-emptiohn language in the preambles of regulations. The National Association of Manufacturersx andthe U.S.
Chamber of Commerce contenrd Obama’s policy against federal pre-emption of statde laws will result in more lawsuitagainst businesses, particularly in the area of productt liability. “Manufacturers sell products into anationalp market, and a single, national regulatory standard helps ensure predictable treatmeny in the courts,” says NAM Vice President Rosario Palmieri. “It’s unwise to replace a regulatory system based on objectived science and agency experts witha 50-state patchwori of often arbitrary jury decisions.
“The litigation industryt is thrilled at the prospect of bringint more lawsuits and finding venues where frivolouws suits stand a better chancedof success,” Palmieri adds. But the American Association for formerly known as the Association of Trial Lawyersof America, praisez Obama’s memo. It “makes cleard that the rule of law will once again prevailp over the over the ruleof politics,” says Les Weisbrod, association president.
“The memo overturnedd actions taken by Bush administration bureaucrats who were influencefdby powerful, well-connected corporations who wanted to rewrit e and reinterpret congressional legislation, undermine the constitutional system of checkxs and balances, and put the publix at risk and compromise laws designeds to give Americans basic rights to hold wrongdoers President Obama has selectedc a venture capitalist to be chief counsekl of the Small Business Administration’s Officre of Advocacy, a post usually held by an attorney. Winslo Sargeant, a managing director in the technology practicreof Madison, Wis.-based Venture is Obama’s choice to head the Offic e of Advocacy.
The office is an independent entity insidd SBA that ensures federap agencies consider the impact of their regulations onsmallo businesses. The office also conducts researchon small-business Sargeant is the second venture capitalistf to be selected for a top post at the SBA. Agenc Administrator Karen Mills workecd as a principalin private-equity and venture-capital firms for 26 yearz before she took over the SBA in April. WHAT ISSUEe ARE IMPORTANT TO YOU? •Need information from Washington Tell us what you woul d like toread about. E-mailp David Harris at dharris@bizjournals.com or call (704) 973-1146.
Sunday, September 25, 2011
LeapFrog
Maytag Refrigerators
LeapFrog (NYSE: LF) lost $27.1 million in the March quarter, down slightly from a loss of $27.4 million a year earlier. Saless tumbled to $29.9 million for the down from first-quarter sales a year earlier of $58.3 million. Jeffreyy Katz, the Emeryville company’s chairman and CEO, said the lossed “were as we He said the businessis “activelyt working with retailers to reduced inventory.” Retailers ordered fewer LeapFrog productsd during the quarter because theire inventories were high. The company also sold fewee products to schools during the quartef after restructuringits school-sale businesd last year.
Bill Chiasson, LeapFrog’s chief financial officer, stresserd that the business is in a strongcash position. It had $85.23 million in cash and near monetyat quarter’s end, and it has a $100 millio line of credit backed by its assetds on which it has no outstanding debt. CEO Katz was formerlgy CEO and chairman of travel business Before that he was presidentf and CEO of and workedat . He studiec mechanical engineeringat U.C. Daviss and has master’s degrees from both and . Thomae Kalinske, who was CEO before Katz, is now vice chairmanb of LeapFrog. In the past, Kalinske was presideng and CEOof .
, a subsidiary of CEO Larrgy Ellison’s LLC, owns a majority stake in LeapFrogh and put Paul Marinelli and Philip Simohn onthe company’s board in
LeapFrog (NYSE: LF) lost $27.1 million in the March quarter, down slightly from a loss of $27.4 million a year earlier. Saless tumbled to $29.9 million for the down from first-quarter sales a year earlier of $58.3 million. Jeffreyy Katz, the Emeryville company’s chairman and CEO, said the lossed “were as we He said the businessis “activelyt working with retailers to reduced inventory.” Retailers ordered fewer LeapFrog productsd during the quarter because theire inventories were high. The company also sold fewee products to schools during the quartef after restructuringits school-sale businesd last year.
Bill Chiasson, LeapFrog’s chief financial officer, stresserd that the business is in a strongcash position. It had $85.23 million in cash and near monetyat quarter’s end, and it has a $100 millio line of credit backed by its assetds on which it has no outstanding debt. CEO Katz was formerlgy CEO and chairman of travel business Before that he was presidentf and CEO of and workedat . He studiec mechanical engineeringat U.C. Daviss and has master’s degrees from both and . Thomae Kalinske, who was CEO before Katz, is now vice chairmanb of LeapFrog. In the past, Kalinske was presideng and CEOof .
, a subsidiary of CEO Larrgy Ellison’s LLC, owns a majority stake in LeapFrogh and put Paul Marinelli and Philip Simohn onthe company’s board in
Friday, September 23, 2011
A look at what happened in major markets Thursday - The Associated Press
deeshu-tatum.blogspot.com
Reuters | A look at what happened in major markets Thursday The Associated Press A look at what happened in some of the major markets: STOCKS Investors around the world dumped stocks. The Dow Jones industrial average fell as much as 527 points before closing down 391.01, or 3.5 percent, at 10733.83. The Dow is down 16 percent from ... Shares look higher on offshore rebound Faith in policymakers plunges, taking markets with it |
Tuesday, September 20, 2011
Sunday, September 18, 2011
Hotels get creative as economy lags - Phoenix Business Journal:
asozyrab.wordpress.com
One thing they are doing as they wait it out is strengtheningh their relationships withmeeting planners. According to Smith Travel hotel occupancy in the Valley wasdown 10.6 percengt in March from the same month last year. Peopl also are spending less — on almost 30 percent less than the same time last year acrosszthe Valley. “It is bad. Phoenix is a speciap example, because there are a lot of new A lot of new hotelshave opened, and that also has hurt says Jan Freitag, senior vice presidentg of the global consulting and research firm.
The openinfg of the 1,000-room , the 290-room & Spa in Paradise Valleg and other Valley hotels in the past year have dilutedoccupancyh rates, industry officials say. In business and corporate travelers are sensitiveto perception, Frei-tag “People are hesitant to go to reallyh nice resorts — and in all of your resorts are really nice,” he says. “Ijn this economy, when companies need to cut the first things that go are travel and But Valley hoteliers are using the time to reach out to meeting planners and develop newbusines leads. “We are really trying to partnerrwith them.
While it’s tougu times, we are makinb adjustments,” says Chris Kerr, director of salesx and marketing atthe . Kerr’s team is working with plannersa to create trips thatare value-oriented, adjustingy food and beverage prices with the goal of making the evenf more attractive to potential he says. At the in Sales Director David Richard says his team is trying to providewmore all-inclusive packages to customize meetings, including on-site dining packagex and more cost-effective audio-visual offerings. his staff is looking more at the technical and biomedical industries forpotentiapl bookings.
“We have redeployed our sales forcwe into thesegroup markets,” Richard says. “Companies still need to have but they may be cutting out some of the Even Sedona’s Enchantment Resort is seeing some fallout as groupsw cut back. “We usually stay in high seasoh a bit longer than metro Phoeni x because ofthe weather. But it’s definitelt been slower, and we have seen some cancellations,” says Tina Newman, the resort’xs director of sales and marketing. She stressed the importance of establishing connectionzs duringthe downtime. “Our relationships with meetingt planners has increased quitea bit.
There’s a lot of time for for discussion,” she says. Investingg that kind of time isworth it, for her property and others. “Group businessx is extremely important to us because it providea a baseof business,” she says. Kerr adds that hoteliers also are targetin a more local market and identifying thosed that already may be familiar withthe Valley.
One thing they are doing as they wait it out is strengtheningh their relationships withmeeting planners. According to Smith Travel hotel occupancy in the Valley wasdown 10.6 percengt in March from the same month last year. Peopl also are spending less — on almost 30 percent less than the same time last year acrosszthe Valley. “It is bad. Phoenix is a speciap example, because there are a lot of new A lot of new hotelshave opened, and that also has hurt says Jan Freitag, senior vice presidentg of the global consulting and research firm.
The openinfg of the 1,000-room , the 290-room & Spa in Paradise Valleg and other Valley hotels in the past year have dilutedoccupancyh rates, industry officials say. In business and corporate travelers are sensitiveto perception, Frei-tag “People are hesitant to go to reallyh nice resorts — and in all of your resorts are really nice,” he says. “Ijn this economy, when companies need to cut the first things that go are travel and But Valley hoteliers are using the time to reach out to meeting planners and develop newbusines leads. “We are really trying to partnerrwith them.
While it’s tougu times, we are makinb adjustments,” says Chris Kerr, director of salesx and marketing atthe . Kerr’s team is working with plannersa to create trips thatare value-oriented, adjustingy food and beverage prices with the goal of making the evenf more attractive to potential he says. At the in Sales Director David Richard says his team is trying to providewmore all-inclusive packages to customize meetings, including on-site dining packagex and more cost-effective audio-visual offerings. his staff is looking more at the technical and biomedical industries forpotentiapl bookings.
“We have redeployed our sales forcwe into thesegroup markets,” Richard says. “Companies still need to have but they may be cutting out some of the Even Sedona’s Enchantment Resort is seeing some fallout as groupsw cut back. “We usually stay in high seasoh a bit longer than metro Phoeni x because ofthe weather. But it’s definitelt been slower, and we have seen some cancellations,” says Tina Newman, the resort’xs director of sales and marketing. She stressed the importance of establishing connectionzs duringthe downtime. “Our relationships with meetingt planners has increased quitea bit.
There’s a lot of time for for discussion,” she says. Investingg that kind of time isworth it, for her property and others. “Group businessx is extremely important to us because it providea a baseof business,” she says. Kerr adds that hoteliers also are targetin a more local market and identifying thosed that already may be familiar withthe Valley.
Friday, September 16, 2011
Michigan House passes school union dues proposal - BusinessWeek
amesit.wordpress.com
WZZM | Michigan House passes school union dues proposal BusinessWeek The Republican-led Michigan House on Thursday narrowly approved a proposal that would prohibit public schools from automatic » |
Wednesday, September 14, 2011
Neb. AG announces health care company settlement - BusinessWeek
lydiryl.wordpress.com
The Star-Ledger - NJ.com | Neb. AG announces health care company settlement BusinessWeek Nebraska Attorney General Jon Bruning has announced a settlement with a health care company that will return more than $275000 to the state's Medicaid program. The settlement resolves » |
Monday, September 12, 2011
Little things adding up for sloppy Red Sox - Boston Herald
jaqezuweg.blogspot.com
Little things adding up for sloppy Red Sox Boston Herald ST. PETERSBURG, Fla. â€" Before the Red Sox [team stats] can fix their big problems â€" the fact that they've lost nine of their last 11 â€" they need to focus on the small ones. Yesterday's 9-1 loss to the Tampa Bay Rays was filled with the ... |
Saturday, September 10, 2011
Report: More CEOs are staying put - Pacific Business News (Honolulu):
http://www.chaozation.com/links/gift-baskets.html
There were 107 CEO resignations in June comparerd to 115 the month before and 126 departures in June according to a new report from outplacement firm This was the fifthj time this year that monthly CEO turnover was lowedr than the corresponding monthin 2008. CEO departures have declined 16 percentg from ayear ago. Companies have announcef just 607 CEO change s through the first half of thelowest six-month total since 2004, when 356 CEO exitws were recorded. "Chief-executive departures are definitely trending downward aftea record-setting year in 2008," said Gray & Christmas CEO John A. Challenger.
"Ther e remains a lot of uncertainty about how long this recessiob will last and how much damage it will With the futureso unclear, boards may be tryinh to maintain some stability," Challengerr said. According to the report, only six industrie s have seen more CEO departures this year than throughjJune 2008: Energy, Media, Food, Transportation, Automotiv and Aerospace/Defense.
There were 107 CEO resignations in June comparerd to 115 the month before and 126 departures in June according to a new report from outplacement firm This was the fifthj time this year that monthly CEO turnover was lowedr than the corresponding monthin 2008. CEO departures have declined 16 percentg from ayear ago. Companies have announcef just 607 CEO change s through the first half of thelowest six-month total since 2004, when 356 CEO exitws were recorded. "Chief-executive departures are definitely trending downward aftea record-setting year in 2008," said Gray & Christmas CEO John A. Challenger.
"Ther e remains a lot of uncertainty about how long this recessiob will last and how much damage it will With the futureso unclear, boards may be tryinh to maintain some stability," Challengerr said. According to the report, only six industrie s have seen more CEO departures this year than throughjJune 2008: Energy, Media, Food, Transportation, Automotiv and Aerospace/Defense.
Wednesday, September 7, 2011
Colleges take different tacks for handling recession - Business Courier of Cincinnati:
steinberg-virus.blogspot.com
Next year, however, appears murkier. Moody’s Global Public U.S. Financre estimated in a Nov. 21 report that schook endowments have declined 15 percent to 30 percent in the past four monthsw amid themarket turmoil. That has led schools dependent on thosre endowments to consider pay cuts orstaff reductions. Miami and Ohio for example, began hiring freezes this fall, and near Dayton this month discloseda $2.8 million shortfall. The school’es response includes adding to the employee shars of healthinsurance premiums, salary and staff reductions, and a 30 percenf reduction in nonpersonnel budget Gov.
Ted Strickland, in exchangee for a tuition freeze, increased higher educatioh payments in thecurrent two-year budget and exempted schools from midyeae spending cuts. It’s unclear how that can continude with aprojected $7 billiohn shortfall for the budget that starts in July. “We’re still tryint to prepare fora best-case scenario and a worst-casew scenario,” said Rebecca Vazquez-Skillings, assistant vice president of budgetr planning and analysis for Ohio University. Decline in investment income requiredparing $8 million from this year’s budget for the Athenz campus, she said, but public colleges are approaching the end of the tuitionn freeze cautiously.
“We still have to be aware of the goal of she said. Ohio Universityy won’t be able to offer as many scholarshipsnext year, said Michael Angelini, associater vice president of finance. The endowment is down by 20 and individual named funds will not be allowedc to make distributions if the value of the investment has fallen below the amount of theorigina donation. In Central Ohio, publicf and private colleges report enrollment has held up andthey aren’tg reducing endowment payouts despite declines in value. absorbed $6 millioj in state cuts outsidde of direct supportthis year, includinvg $3 million to agricultural research and extension.
It has abouf $88 million in reserves but can’ft depend on one-time funds over several years, William senior vice president for business and told trusteesin November. In past he said, the university learned it’xs better to give deanzs plenty of lead time and ask for theid plans to reduce expenses rather thanimpose across-the-boards cuts. stands out. The two-year schookl has a $3.8 millionh surplus through the first four months of the fiscal year and isspending $469,000 to hire eight full-timwe faculty because enrollment is 6 percent higher than last Even interest income rose due to conservative The school used part of last year’w surplus to create a $1,000p scholarship for students 25 and Most Ohio private colleges have modestr endowments – the median is $25 million and depend more on tuition, said Todd president of the .
An exception, in depends on its endowmeng – $693 million as of June 30 – for 30 percenrt of its $100 million operating budget, Presiden Dale Knobel said. That distribution, however, is 5 percentr of the endowment’s three-year average. The school didn’f increase the payout when returns were 24 perceny and 9 percent the pasttwo years, he so it doesn’t need to decrease it now. in Westervill e isn’t curtailing distributions, said Dave Mead, vice president for business Similarly, Delaware-based and Columbus-based Ohio Dominican universitiex reported no enrollment dips orbudget cuts.
Denisom might delay $60 million in renovation projects that will be financed by bond salesand donations. “At our rosiest, we thought we mighr have the combination of those two types of fundinh in place bythis spring, but it may be (latefr than that),” Knobel said. , in Gambier, is delayinyg $24 million in plans for two residenc e halls and settingaside $1 millionn for emergency financial aid, said Joe vice president for finance. “It makezs sense to preserve capital whereveyou can,” he said.
Next year, however, appears murkier. Moody’s Global Public U.S. Financre estimated in a Nov. 21 report that schook endowments have declined 15 percent to 30 percent in the past four monthsw amid themarket turmoil. That has led schools dependent on thosre endowments to consider pay cuts orstaff reductions. Miami and Ohio for example, began hiring freezes this fall, and near Dayton this month discloseda $2.8 million shortfall. The school’es response includes adding to the employee shars of healthinsurance premiums, salary and staff reductions, and a 30 percenf reduction in nonpersonnel budget Gov.
Ted Strickland, in exchangee for a tuition freeze, increased higher educatioh payments in thecurrent two-year budget and exempted schools from midyeae spending cuts. It’s unclear how that can continude with aprojected $7 billiohn shortfall for the budget that starts in July. “We’re still tryint to prepare fora best-case scenario and a worst-casew scenario,” said Rebecca Vazquez-Skillings, assistant vice president of budgetr planning and analysis for Ohio University. Decline in investment income requiredparing $8 million from this year’s budget for the Athenz campus, she said, but public colleges are approaching the end of the tuitionn freeze cautiously.
“We still have to be aware of the goal of she said. Ohio Universityy won’t be able to offer as many scholarshipsnext year, said Michael Angelini, associater vice president of finance. The endowment is down by 20 and individual named funds will not be allowedc to make distributions if the value of the investment has fallen below the amount of theorigina donation. In Central Ohio, publicf and private colleges report enrollment has held up andthey aren’tg reducing endowment payouts despite declines in value. absorbed $6 millioj in state cuts outsidde of direct supportthis year, includinvg $3 million to agricultural research and extension.
It has abouf $88 million in reserves but can’ft depend on one-time funds over several years, William senior vice president for business and told trusteesin November. In past he said, the university learned it’xs better to give deanzs plenty of lead time and ask for theid plans to reduce expenses rather thanimpose across-the-boards cuts. stands out. The two-year schookl has a $3.8 millionh surplus through the first four months of the fiscal year and isspending $469,000 to hire eight full-timwe faculty because enrollment is 6 percent higher than last Even interest income rose due to conservative The school used part of last year’w surplus to create a $1,000p scholarship for students 25 and Most Ohio private colleges have modestr endowments – the median is $25 million and depend more on tuition, said Todd president of the .
An exception, in depends on its endowmeng – $693 million as of June 30 – for 30 percenrt of its $100 million operating budget, Presiden Dale Knobel said. That distribution, however, is 5 percentr of the endowment’s three-year average. The school didn’f increase the payout when returns were 24 perceny and 9 percent the pasttwo years, he so it doesn’t need to decrease it now. in Westervill e isn’t curtailing distributions, said Dave Mead, vice president for business Similarly, Delaware-based and Columbus-based Ohio Dominican universitiex reported no enrollment dips orbudget cuts.
Denisom might delay $60 million in renovation projects that will be financed by bond salesand donations. “At our rosiest, we thought we mighr have the combination of those two types of fundinh in place bythis spring, but it may be (latefr than that),” Knobel said. , in Gambier, is delayinyg $24 million in plans for two residenc e halls and settingaside $1 millionn for emergency financial aid, said Joe vice president for finance. “It makezs sense to preserve capital whereveyou can,” he said.
Monday, September 5, 2011
Do you change your order when calorie counts are visible? - CBC.ca
vykyvimote.wordpress.com
Mirror.co.uk | Do you change your order when calorie counts are visible? CBC.ca A recent study in New York City found that one in six customers chose the healthier option when menus displayed calorie counts. Do you order differently when calorie counts are visible? Would you like to see more restaurants in Canada display ... McDonald'! ;s introduces calorie info on UK menus McDonald's calorie counts count for nothing |
Saturday, September 3, 2011
Four buildings earn real estate organization
ethelbertdiya3334.blogspot.com
These four properties were recently named The Office Buildinvg of theYear (TOBY) in varioua categories. The coveted TOBY as it is widely known, recognizes those buildings that earn top marks in variouds facets of propertyoperationsd — from site management and communityg involvement of the managemengt team, to environmental and policies and procedures. • The Pyramis Building: Located at 601 NW Loop 410 in North Central San winner in the category of buildingsspanning 100,00o to 249,000 square feet. The propert manager is Melinda Feltsof . • Northwoo Tower: Located at 1777 NE Loop 410 in North CentralpSan Antonio; category, 250,000 to 499,000o square feet.
The property manager is Gloria Contrerasof • Riverwalk Place: Located at 700 N. St. Mary’ s in downtown San Antonio; category, renovated building. The propertty manager is NancyPreis Russel, president of • Stoneterra Medical Plaza: Located at 150 E. Sonterra on the far Nortgh Side; category, medical offic building. The property manager is Kelly senior property manager of These local winners will now go on to competes with other office buildings in comparablwe categories at the regionallevelp — for the chance to ultimatelg take home an international TOBY award.
These four properties were recently named The Office Buildinvg of theYear (TOBY) in varioua categories. The coveted TOBY as it is widely known, recognizes those buildings that earn top marks in variouds facets of propertyoperationsd — from site management and communityg involvement of the managemengt team, to environmental and policies and procedures. • The Pyramis Building: Located at 601 NW Loop 410 in North Central San winner in the category of buildingsspanning 100,00o to 249,000 square feet. The propert manager is Melinda Feltsof . • Northwoo Tower: Located at 1777 NE Loop 410 in North CentralpSan Antonio; category, 250,000 to 499,000o square feet.
The property manager is Gloria Contrerasof • Riverwalk Place: Located at 700 N. St. Mary’ s in downtown San Antonio; category, renovated building. The propertty manager is NancyPreis Russel, president of • Stoneterra Medical Plaza: Located at 150 E. Sonterra on the far Nortgh Side; category, medical offic building. The property manager is Kelly senior property manager of These local winners will now go on to competes with other office buildings in comparablwe categories at the regionallevelp — for the chance to ultimatelg take home an international TOBY award.
Thursday, September 1, 2011
Hibs hero recalls happier days against Hearts ahead of testimonial return - Scotsman
tenganmodooo1324.blogspot.com
Hibs hero recalls happier days against Hearts ahead of testimonial return Scotsman Russell LATAPY can boast the proud record of having never lost an Edinburgh derby, recalling with more than a degree of fondness the "Millenium" triumph over Hearts at Tynecastle, and the day Franck Sauzee lost his front teeth in ... |
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