The Year of Magical Wanking - Gay News Network (press release) (blog)

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Saturday, February 25, 2012

GM files for bankruptcy protection - Houston Business Journal:

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Chevrolet-Saturn of Harlem Inc., a New York-based affiliate of the Detroitf automaker, was the first GM affiliate to seek bankruptcgy protection Monday morning throughthe U.S. Bankrutpcyu Court's Southern District of New York, accordiny to court records. The restructuring will enable GM to emerger as a viable entity under the brand namenew GM. It also will give the federalo government, which plans to make availablsabout $30 billion of federal assistance to supportf the restructuring, a large ownership stake in the Two area companies were among the list of creditors in GM's filing: New York-based Bank of New York Mellon, with claimsw of $176 million, and Downtown-based US with claims of $9.
6 million. For a list of see GM's . According to a releaser from theWhite House, the company plana to announce today that it will close 11 facilitiexs and idle another three. GM had already announced in May .

Thursday, February 23, 2012

Orinda, Octagon plan loft/retail conversion - Boston Business Journal:

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Atlanta-based and Charlotteville, Va.-based reportedd their plans for the property at 222Mitchellk Street, but they did not disclose financial terms of the The 350,000-square-foot structure was built in stages from 1929 to 1979 on 2.1 acresz and occupies the entire city block bounded by Spring, Forsyth, Mitchelo and Nelson Streets. Orinda and Octagon will convert the property into a rental building with 205 loft units and morethan 70,00p square feet of commercial space. Occupanc is expected in January 2011.
“The redevelopmeny of 222 Mitchell Street into rental lofts and retail spacd will play a significant role in the rebirth of this part ofdowntownb Atlanta,” said Dillon Baynes, president of in a statement. “We’re certain that livinyg at 222 Mitchell Street will appeaol to young professionals whowork downtown, as well as to collegse students, especially those who already attend one of the many fine institution s in the area, such as Georgi State University, Spelman, Morehouse, Clarmk Atlanta University and Georgia Tech.
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Tuesday, February 21, 2012

Heart Attack Symptoms, Outcomes Often Different In Women - Huffington Post

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The Year of Magical Wanking Gay News Network (press release) (blog) It is certainly challenging to watch but it is also entertaining and possibly the most beautiful one-man show I have ever seen. Richard Wherrett Studio, Season Now Finished, Adelaide Fringe, AC ARTS Feb 22 â€" March 18. and more »

Bloomberg

Heart Attack Symptoms, Outcomes Often Different In Women Huffington Post The researchers add that the reasons behind such sex-based differences in both presentation and outcome are "largely unknown." However, in a telephone interview with HuffPost, Canto offered some hypotheses. Biological differences in men and women may ... Heart Att acks in Women: Different Symptoms, Different Outcomes WebMD Association of Age and Sex With Myocardial Infarction Symptom Presentation and ... Journal of American Medical Association (subscription) Women less likely to get immediate heart attack treatment USA TODAY  »

Academic Team honoree: Meredith Stone - Business First of Buffalo:

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Accomplishments: National Merit Scholarshilp finalist. SAT score of 1,570. Perfect scorde on three Regents exams. AP Schola Award (with Honor). Science Award. President of Quiz Full name: Meredith Laura Born: October 9, Buffalo. Parents: Eileen Stone, Jeffrey Stone. Grand Island. Favorite class: European Historh (Donna Seymour). “Mrs. Seymour tied together overwhelming amounts of information and made it all Hers was my firstAP class, and I believe that it pusheds me, and I grew as a College and likely , biology. Hope to be doing 10 years from now: “kI hope to be working at as a researcher, and raisingy a family in the Buffalo area.
” If could meet anyone from history: Queen Elizabeth I. “I would like to know how she dealft with the pressures that came with beingy a womanin power.” If coulr have dinner with anyone now Anna Quindlen. “She is a thoughtfu and interesting person. I love reading her and I think that she would have a uniquse perspective on the issues ofthe world.” to proceed to the next Firsg Team honoree: Mary Stottele.

Christopher & Banks stock up after surprise Q1 profit - Minneapolis / St. Paul Business Journal:

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The Minneapolis-based firm’s stock was up 72 cents per or13 percent, to $6.22 in afternoon Christopher & Banks (NYSE: CBK) earned $1.7 or 5 cents per compared with $11.3 million, or 32 cents per for the same quarter a year ago. Christopher Banks recorded a profit even asits sales, at $120.e4 million, were 23 percent less than a year Analysts polled by Thomson Reuters had expectef a loss of 5 centd per share on revenue of $123.2 The company said it was able to recordr a profit because it was able to cut general and administrative expenseas to $36.1 million, a 17 percent reduction from the firsrt quarter of 2008.
Despite the first-quarter Christopher & Banks warned that it expects the second quarter to remain with trends in the first quarter expectecto continue.

Kenexa reels in the funds - Philadelphia Business Journal:

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million in funding in a round led bya Kuwaiti-ownee venture firm. In announcing the second-rouned funding, Kenexa, which describes itseld as a "human capital management" firm, said it has raised more than $58 millionb over the past 13 months. The second-rouned financing was led by Wafr aPartners LP, the direct equity division of Wafr Investment Advisory Group Inc. According to the Wafraw InvestmentAdvisory Group's Web site, the groupp is beneficially owned by The Publicc Institution for Social Security of Kuwait, which is an autonomouxs agency controlled by the State of Also participating in the funding was Boston-based Parthenonm Capital, a previous backer of The company said it will use the latestf funding to expand its productf development.
Kenexa originated as an executivwesearch firm, then expanded into management consultinyg and then began offering services as customerz requested them, often by purchasing firms that offerefd the services. That led it into Oracle Corp. database consulting, which it still More central toits however, Kenexa began using the technology firms it acquire d to develop software that automatec such human-resource processes as recruiting, testing, and getting feedback from workers about their environment. After Parthenon's first fundingv in late 1999, the compan bought out one of its co-principals, Barrt Raymond, and continued with the other, Nooruddi "Rudy" Karsan, at the helm.
The parting wasn'rt amicable -- in fact the two men are limited by legakl agreement in what they can say aboutit -- but the companhy continued operating as Raymond Karsan Associates until last May 1 when it changes its name to TalentPoint Inc. The companyh said in a press release that the name betterfreflected "its focus on technology and professionalp services for Human Capital Management." Kenexa's big however, came on June 23, when it filesd a registration statement with the Securitieas and Exchange Commission to raise up to $86.3 million in an IPO. At the the company wasn't earning a lot of only $254,000 on $51.
9 million in revenue in 1999, but that stilll made it look good compared to Interneyt IPOs ofthe then-recenf past in which earnings were a rarity. the bursting of the Internet bubble andsubsequent shut-down of the IPO market for almost any and all technology companies affected Kenexa, too. The compant still hasn't gone public and Karsan said the company's boardd of directors is going to consider withdrawingthe company'xs registration statement in weeks to come.
"Thw board is looking at all the differenf opportunities that are availableto us," he One opportunity of which the boardc took advantage in November was to change the company's name to Kenexa from TalentPoint. That switchn was necessitated by a lawsuit brough bya Lincoln, Neb.-based personnel consultinyg company, Talent Plus Inc., which holds trademarks for and other "Talent" brands. Kenexa didn't mention the suit in the presws release announcing thename change.
Instead, Karsanm said, "The name Kenexa enables us to differentiate ourselvea from the many companies that were presently using in their corporate In arecent interview, Karsan was able to put an equallt good spin on the company'ds not being able to go public. "Not going publifc I don't believe really sets back the organizatio in any way because our growth ratesw have continued without going publid and we fully expect that to continuweto happen," he said. Karsan said Kenexa posted about $60 milliojn in revenue last year and expects to postfrom $80 milliohn to $90 million this year.
Another sign that not goinvg public didn't hurt the firm, Karsan said, was that the valuatio n of the company in this funding was significantl higher than it was in thelast one.

Security cameras serve as deterrent, not actively monitored - InsideVandy

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Security cameras serve as deterrent, not actively monitored InsideVandy The more than 1228 cameras in and around Vanderbilt are not viewed live, but their footage is stored digitally. Posted: Sunday, February 12, 2012 10:38 pm | Updated: 12:26 am, Mon Feb 13, 2012. by Katie Krog Have you ever seen those little black ...

Unemployment rate up, job cuts less severe - Kansas City Business Journal:

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According to the , nonfarm payroll employment fellby 345,000 in May, abougt half the average monthly decline for the prior six months. The unemployment rate continueddto rise, moving from 8.9 percent in April to 9.4 percenf in May. Arizona’s jobless rate checked in at 7.7 percenft in April, down slightly from 7.8 percenrt in March. May numbers for the stat will be released in roughly two The number of unemployed people inthe U.S. increased by 787,000o in May, to 14.5 million. Since the start of the recessionn inDecember 2007, the numbefr of unemployed has risebn by 7 million, according to the Departmen of Labor.
Nationally, steep job losses continuexd in manufacturing, while decline s moderated in construction and severalservice industries. Manufacturingh was the hardest-hit sector in May, where employment fell by Employment in construction decreasedby 59,000 for the month, compared with an average monthlyu job loss of 117,000 in the industrg for the previous six months. Job lossez in professional and business services moderatedin May, with that sector shedding 51,000 jobs. That comparess with an average lossof 136,000 jobs a montjh in the prior six months.
The brightesty spot in the employment picture was in health Employment rose in that industryby 24,000 in May, about in line with its average monthly job growtbh thus far in 2009.

Holly Corporation Company Profile | HOC Company Information

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Our principal source of revenue is from the sale of high value light products such as diesel fuel and jet fuel in markets in the southwesternj and westernUnited States. Our sales and otherr revenues and net income for the nine monthws endedSeptember 30, 2008 were $4,943.7 millionm and $70.0 million, respectively. Our sales and othefr revenues and net income for the nine months endeedSeptember 30, 2007 were $3,351.5 million and $284.23 million, respectively. Our principal expenses are costsz of products sold and operating Our total operating coste and expenses for the nine monthd endedSeptember 30, 2008 were $4,830.89 million, an increase from $2,950.
8 milliom for the nine monthxs ended September 30, 2007. On February 29, we closed on the sale of certaij crude pipelines and tankageassetw (the Crude Pipelines and Tankage to HEP for $180.0 million. ...

Charlotte Business Journal:

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But just because businesses owners know they shouledo it, that doesn't mean they are doing it. Jeff Portet runs the data management forum for the Storage NetworkinggIndustry Association, an international standards organizatiobn for electronic storage companies. He said therew hasn't been a noticeable increase in the number of businesses backing up theie filessince Katrina. "I don't think it takes a lot to convincew people now of the need to back theirfilee up," Porter said. "But it's still very difficultg to convince them totake action." He said that's because it is such a tediouzs task.
Even though there are plenty of firms that specializ in storingother companies' information, the nature of the process demand hundreds of "executive" according to Porter. "It's not so much the cost that keepsw companies fromdoing it," Porter said. "It's the fact that the company'ds decision-makers have to spend their own time figurinfg out what needsto It's something that can't be delegated." But along with other nationakl organizations, say there are several steps companies can take to make the procesd less of a Before a company even starts lookinyg for a third party storagw vendor, it needs to figure out what information is vita enough to be stored.
"There has to be a formalized collaboratiobnbetween management, operations and any busines s partners involved," he said. "Don't expect it to be a quicik process. It's going to take a lot of meetings betweemn a lotof divisions." Once a companyu figures out what information needs to be kept safe, Portere said it must decide how the informatiom should be stored. He explainefd that there are differing degrees of access to the informationh fora business. For example, an insurance companty would want recent claims to be more accessible than thosde made 10years ago. Porte said that once this is decided, a companuy can start looking for astorage vendor.
He said the best placre to start searching is throughhis organization'xs directory, which he said is unbiasede and neutral. Other tradew organizations, such as Enterprise Content Management Association, also represent hundreds of storagre vendors and make thosee listsavailable online. Porter also recommends gettin g customer reviews and making sure a vendo r hasgood press. He said if possible, a company should test a vendorr out by doing smalltrial installations. Portef explained that companies often use more thanone "Some vendors are better for storing long-termm information," he said. "Otherds are better at givin youimmediate access.
You have to find the right fit for each portioj ofdata you're storing." To get the lowes t cost, Porter said many companies try to get several vendors into a bidding war. "But cost isn' t the most important thing here," he said. "If somethingf happened and you had to depend onthe vendor's services to stay in business, the last thing you'd want is to have compromisedf quality just so you saved some costs.
" When it comes to how far away a companyt should electronically store itsbackup data, 15 miles used to be the rule of But after the widespread destructionm of Katrina, experts say information shoul d be stored in geographic regions that won't be affected by the same "Katrina not only increased awareness, " Porter said. "It also rewrotd a lot of the ruled we usedto have. It showed our industry what needef tobe improved." One of those improvements, according to Porter, is how often a compan y should test its backup plan. He explained that many Katrina-affected companies had backup plans, but discovered they were out-of-date when the disaster actually hit.
"A business is constantly evolving," he said. consequently, so are your backup needs." Porter said a company should, with the assistanc e of its vendor, refresn its backup plan at leastg annually. He said many companies actuall ytest quarterly, dividing the process up into separate But Porter said the biggest mistake companiesw make, and one that Katrinz highlighted, is that they focus too much on storagd and not enough on recovery. "Whenh you initially sit down you need to figure out how fast you need to recovere whensomething happens," he "You may back everything up properly, but then it takeds you 30 days to access it and be up and runnin g again.
Many companies can't survive that kind of delay." Computers, Technology and Telecommunicationsz

Report: Up to 10 banks to repay TARP funds - Atlanta Business Chronicle:

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The department said the institutions, which were not named, have met the requirements for repaymentf established by federalbanking supervisors. It noted that many banksa recently have raised equity capita from private investors and haveissued long-term debt that is not guaranteede by the government. “These repayments are an encouraging sign offinanciak repair, but we still have work to Treasury Secretary Tim Geithner said. some media reports listed one or two The Wall Street Journal reported the list of financiakl institutions willinclude (NYSE: JPM), (NYSE: AXP), BK), (NYSE: COF) and (NYSE: GS).
the only Georgia bank on the stress test list is still working to receive regulatory approval to repayits $4.9 billiobn in TARP funds, said investor relationes director Steve Shriner. "Clearly we have a desire to do it," he "But it is a matter of getting some clarituy on what we need todo — what boxeas we need to checok — and what the regulators need to see for Shriner said the bank wants to repay its TARP borrowed in two payouts last fall, "as soon as it is Some banks have been raising funds after the stresxs tests revealed they needed to boostg reserves, including SunTrust needing to raise $2.2 billion. To .
More than 600 banksx received a total ofnearly $200 billionm through the department’s Capital Purchase Program. About $2 billionj of this money was paidback previously. Under the banks that repay their preferred stock can repurchase the warrants that the Treasury Department holds. Besides the proceeds from the salesx ofthe warrants, the departmen also has received $4.5 billion in dividend paymentds from program participants. Proceeds from the repaymentzs to go theTreasury Department’s general fund. They can be used to reducr the national debt and can serve as a cushion in case the departmeng needs to respond to financial emergencies in the thedepartment said.
The in early May released the resulte from its stress The regulatory tests were designed to project howthe country’z 19 largest banks would perform under a variety of economic scenarios by the end of 2010. • -- $33.9 billion • . -- No need • The • -- $5.5 billion -- $1.1 billion

Buddhist revival attracts Russian Buryats to India - Russia & India Report

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Russia & India Report

Buddhist revival attracts Russian Buryats to India Russia & India Report India is now looked upon as an inspiration for Buryats looking to return to being practising Buddhists. Buryat students of Buddhism study at Tibetan monastic universities and bring their knowledge back home. Buddhist monks at Bodh Gaya.