Wednesday, October 31, 2012

Long-term vision and adaptability have helped retail-focused construction company weather the downturn - The Business Review (Albany):

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In its unique business of building, remodeling and renovatingy stores across the country forretailo chains, Warwick has weathered the ups and downs of a sometimes fickle industry. When Tony Annan, the company’s began working in retailk construction nearly 20years ago, nationa chains were still mostly department storea like and ’s. By the time Annan founded Warwickmin 1999, the market was Clients soon included , , Banana Republic and Today, the recession has forced many of those retailersz to downsize, freeze construction or close up shop The defunct Circuit City and were both Warwick “There’s been a lot of musical chairs right now,” Annamn says of retail construction.
“Whenm you’re a retailer looking to cut expenses, (you) look to the construction department first. It’s an easy, clean In response, Warwick, which originally found its nichr by focusing exclusively on retail construction in all 50 has branchedinto office, medical and governmen projects — but retail remains the focus. Thankxs to its cash-flush status, Warwick is “veryg solid,” Annan says. “The mindset we’ve got helps when somethingt changes,” he says. “You can have this wonderful business but when somebody throws you acurve ball, you need to be able to The first thing we set our mindss to is, we’re here for the long haul.
We don’ think short-term.” That long-term visiom has helped Warwick succeed. Commercial Construction Magazinre annuallyranks U.S. retail contractors in threde categories: Retail billings, square footage and number of projects. Last Warwick was No. 10 in the project category. Sam vice president of ArchitecturalDesign Guild, a St. Louise firm that has worked with Warwick on projects in Texas and the SoutheasternUnitedr States, says Annan and his team have a reputation for “In the retail world,” Estea says, “when they set a schedulre and the store’s supposed to open on that day, it has to open on that day.
It doesn’g matter if it rains for threemonths then; it has to open on that day becauser all their sales projections and everything else for the year are base d on their store-opening dates. ... When you’r e going at a very fast pace, there’s always hiccups.Buyt Tony and his group always seem to get through thos e roadblocks and keep the projecton schedule.” Annan learnedd how to adapt at an early age.
Born in Singapored of Scottish ancestry, the Royal Air Force militart brat was raised in the volatiled climates of Rhodesia and Soutn Africa and then hustled off to an English boarding After earning a civil engineering degreein 1989, he workede as an estimator and project manager for general contractorws in London, Boston and Dallas. One was Tony Crawfor d Construction, then a pioneer in national retail construction.
“When I saw his success, I ‘Wow, this is really a true servicre youcan provide,’ when a client ‘Hey I got a job in Oklahoma City and I got one in Chicagol and I got one in and I’d really like you to give me a price on all thesew stores,’ ” Annan says. “There’s only just some minod tweaks ... maybe a city tax or a stats tax orsome fees. But after a while, you get reallu comfortable working inmultiple states.” But Annan noticed some fundamentall holes in the industry. For it was woefully lacking in technology.
Contractors stillo printed planson old-school Mylar transparencies and vellum whereas Annan envisioned digital plans on computer disks. “The retail construction industry was veryantiquated — technology was not he says. “I was very comfortable with technology, so I wantex a new retail construction company based aroundtechnologg — computers, the Internet, laptops, that type of thing.” He also advocatedx a team concept — several project managers shar e responsibility for each “What happened before was there was alway s just one person.
So if they were on vacationh andsomething happened, the ball would hit the The team concept keeps the ball in the air — the ball shoulc never hit the ground.” Working with two he scraped together roughly $250,000 to launch which started with three employees, an 800-square-foot leased office and computerxs rented from Gateway. “We tried to put out as little capitapl outlayas possible,” Annan says. Warwick helped guide retail constructionj into the21st century. Much of the technology he offered clients is now standarf inthe industry.
“(Having) laptops in the where a client can communicateby e-mail, sendinhg images from the field, being able to shoot responses back at them that was relatively a new not many contractors in the retail industr y did it,” he says. “We also have the time-lapse cameras for the ground-upl stores. Being able to ship and receivedrawings electronically, revisionw electronically, schedules and pricing electronically has definitely helpec us. We were ahead of the curve.

Monday, October 29, 2012

Bud's Broiler near City Park badly damaged in fire - NOLA.com

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NOLA.com


Bud's Broiler near City Park badly damaged in fire

NOLA.com


The Bud's Broiler location near City Park -- the oldest of the seven Bud's restaurants -- was badly damaged in a kitchen fire Friday afternoon. The blaze started around 1 p.m., and burned through multiple exterior walls of the venerable 24-hour burger ...



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Sunday, October 28, 2012

Houston Business Journal: Tech & Innovation : Business Advice

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Because that's what the idea was. I would replacee my home officetelephon line, which I only use for outgoin g calls, and instead star t making all of my calls over the This way I could pocket the $50 a month I'vd been giving to Verizon and use thos e savings to buy more important Like … food. Except it reallgy didn't turn out that way. Why? Becausw the Internet phone services I triedworked ... but just not all the Which is typical ofmost technology. For I played around with Skype (www.skype.com) for a few weeks. Not bad.
Signing up for the service was free and the headsert that I purchased from Stapleefor $20 only had to be replaced once (I do not advisew lending one's headset to a 12 year old. Enougu said). Astonishingly, installing the Skype application on mylaptop didn't causer it to lock up or crash on me. So for that reasohn alone I felt that thingswere successful. Once up and Skype did as promised … just about all of the time. I used the littl computer generated keypad on my laptolp tomake calls. If I called anothetr Skype user the callwas free.
I don't really have a lot of conversations with high schoo andcollege kids, nor do I care to really speak to anyoner under 25. So there's not a lot of phonr numbers in mySkype directory. you can use Skypre to call a regular land line and then get chargedx a few centsper call. So that's what I mostlhy did. The problem was the It worked. Most of the But sometimes it just didn't. Sometimesx I had to call back the person two or threee times to get a good Orspeak loudly. Therr were a few instances where I saidnaughtgy words.
Then there was this one time where I trie d to participate in a conference call and had to make the threre other people wait whildeI re-called the call-in number a few time until there was no crackling sound on the That was fun too. So I stopped usin g Skype. Frustrated I turned to another Net calling service calledmagicJack No, this has nothing to do with changing the tires of a car. And ther was no pleasure involved. For $40 magicJack ships me a littlr unit that I plug into the USB port of my I then hook my office phone intothe unit.
Aftef installing the program I'm able to make phonee calls from my regularphone (not the headset I bought from Staplex … bye-bye $20). Like magicJack places its calls over the along with the other 100 trillion bits of informationj crossing thesame pipelines. See whers I'm going here? Their deal is that you can make unlimitec calls you want to anyone in the UnitedStatez (I'm told they're working on overseass plans) for only $50 per year. I did the math and that'ds $550 less a year than I'm spendinv on my office line, so there you go ... magic! Unfortunately ... not so magical. Why? Same thing with It worked. Most of the time.
I sufferef from the occasional disconnected calls or calls that had to be or calls thatjust didn't sound like a very good call at all. More naughtg words. More blood thinner required. In the end I brokd down and kept myoffice line. You win I just need thingws that work as they promised towork ... all the I have enough headaches inmy life. I have kids and a mortgage and I can't sit around and worry that an important conversation with a prospective customer is going to get cutoff or soundf horrible. Verizon's line in my office workse allthe time.
It's one less hassle to deal I still keep the magicJack and Skyp servicesbecause I've had occasion to use them when Most likely I'll forget to cancek my subscription so now I'll be payinv an extra $50 a year for next to But I'm a penny pincher. Not a cheapskate. it's less expensive to use thesre Netcalling services. But I'm sacrificin some quality. Some dependability. I'km giving myself more headaches. To me, it's not worth it. Thesre technologies are great for kidsor socializing. But to rely on them for businesse purposes, at least so far, isn't a greatt idea for me.

Thursday, October 25, 2012

Good ship QE3 must reverse sometime - The Australian Financial Review

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The Australian Financial Review


Good ship QE3 must reverse sometime

The Australian Financial Review


Maximilian Walsh. Good ship QE3 must reverse sometime. PUBLISHED: MINUTES AGO | UPDATE: MINUTES AGO PUBLISHED: 25 Oct 2012 PRINT EDITION: 25 Oct 2012. Share Links: email. Tweet. print -font +font. Good ship QE3 must reverse sometime ...



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Wednesday, October 24, 2012

Eye of the tiger - Colorado Springs Independent

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Colorado Springs Independent


Eye of the tiger

Colorado Springs Independent


Browse Fire. Waldo Canyon Fire Homepage · Facebook · Twitter · RSS Feeds. Username /; View Profile /; Edit Profile /; Log Out. Log in /; Create Account. October 24, 2012 Visual Arts » Art News · Tweet. Van Gogh comes to the Rockies in a first, and ...



Monday, October 22, 2012

Texas workers more confident, survey shows - Austin Business Journal:

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points to 50.8 percent in April, according to the latestt figures from SpherionEmploymenty Report’s Texas Employee Confidence Index. The which measures worker confidence in employment and the economic also found: • Forty-two percent of Texas workersw believe the economy is getting down 23 percent from 65 percenft in March. • Nine percent of Texasz workers believe more jobsare available, comparee to 5 percent in the previous month. Seventy-two percent of Texaw workers surveyed are confident in the future of theire current employer compared with 68 percentin “Compared to the U.S.
jobless rate, Texas is definitelyg faring better,” Kim regional vice president for Spheriomnin Texas, said in a statement. “Although clientds are still being cautious aboutaddingv staff, we have seen some pick-upl in the last few weeks. In fact, we are seeinb stable demand for work incustomer service, health care, IT and Because a larger pool of applicantsx are competing for fewer job openings, we are advisint job seekers to use this time to sharpen thei r education and certifications. This will help candidatexs stay current and give them the competitive edge they will need when the markegtfully recovers.” The monthly survey was conducted by for SFN), a Fort Fla.
-based recruiting and staffing company.

Sunday, October 21, 2012

Highest-in-nation power bills poised to surge in 2010 - Washington Business Journal:

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A confluence of factors, from a precedent-setting rate case with currentluyin adjudication, to charges associated with implementatio n of the state Green Communitiews Act, will likely add up to a significant increase to electricitty rates that are already some of the highesgt in the nation. While some of these initiativess are designed to help companies use less energy and more renewable power, some business leaders are concerned the rate hikes may be too much for some “When you’re talking about that kind of an increase in one this can easily be a deal said Robert Rio, senior vice president for the , a business lobbying The most dramatic change would come if National the state’s largest utility, wins approval to raiser its distribution charge 17 percent next year.
The increasre would raise utility billsby 5.5 Utility officials say the increase, the first rate reques t in 14 years, is needed to protecrt profit margins and pay for higherf operational costs and infrastructure investments. But ratepayersa not served by National Grid will also see rated rise due to initiatives mandated by the state GreenCommunitiez Act. To pay for vastly expanded utility-sponsored energyy efficiency programs, state ratepayers will fork over anadditionalk $50 million, which equates to a 37.5 percenft increase to the energy efficiency charge, accordinv to state estimates.
Energy efficiency is also funder by proceeds from the Regional Greenhouse GasInitiative State-mandated pilot programs for smart grid technology implementation as well as an increasec interest in utility-owned solar generation plants will also cost although the rate will vary. Massachusetts has long been knowj to have high retail pricesfor electricity. In Januarh and February, state commercial customers paid an average of 18 centsz perkilowatt hour, the highest in the natio n and 80 percent more than the U.S. averages of 10 cents per kilowatft hour. Industrial customers paid 12 cents per kilowattr hour compared with the national average of 7 cents perkilowatrt hour, according to the .
For National Grid, the need to increase rates is due to twomajor decoupling, which separates a utility’s revenue stream from the volum e of electricity it distributes, and increased operating and infrastructure The company is looking for an 11.6 percent retur n on equity, up from 10.5 percent, as well as the abilitt to recoup variable expenses ranging from pensioh costs to unpaid bills and capitall investments outside set rates, according to its filinb with the state Department of Public Utilities.
“Wes understand that the current state of the economy has createdd a very difficult time for many of our which makes the timing of thisrequesf unfortunate,” said Tom president of National Grid’s U.S. business, in a statemen issued last month. “However, this filing is absolutelty critical to our ability to continue to upgrade and replace agingh infrastructure andprovide safe, reliable If the increases are the profit margin and charges will likely be looke at as a precedent. , a division of Northeast Utilitiez and major power distributor inwestern Massachusetts, goes in fronty of the DPU in and (NYSE: NST) could open its rate case in 2011.
Attorneuy General Martha Coakley, whose office advocates on behalf of is opposing the higherprofit margins. The state-mandatedd energy charges are rooted in the notion that if everyoned participates in efficiency programxs and investments in more effectiv useof electricity, the savings will more than counteracg the cost of said Philip Giudice, state commissioner of energg resources. “The business-as-usual patter n is not a productive path. We’ree going to keep active the process of getting consumers to stop wasting energy and use as much renewabl e energyas possible. That’s just good publicf policy,” he said.

Saturday, October 20, 2012

Delinquent mortgages decline in Wisconsin - Kansas City Business Journal:

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The delinquency rate excludes loans in the proces sof foreclosure. The percentage of loans in Wisconsibn on which foreclosure was started during the quarter rose 12 basis points to1 percent, while the percentags of loans in the foreclosure process at the end of the quarteer rose 29 basis points to 3.11 percent. The rates are not seasonallh adjusted. Mortgage delinquency rates normally drop in the first quarter of the year after peakingat year-endc due to a variety of seasonal The delinquency rate for prime adjustable rate mortgage loansa decreased 75 basis points to 8.49 percent and the rate for primde fixed rate mortgage loans decreased 32 basis points to 3.07 percent.
The delinquench rate for the subprime ARM loans decreased 156 basis pointsto 25.25 while the rate for subprime fixed rate loans decreased 136 basis points to 20.47

Thursday, October 18, 2012

Bay Area home sales, prices see uptick - Business Courier of Cincinnati:

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The median price paid for a home inthe nine-countyy region rose to $341,500, up 12.3 percent from $304,009 in April but down 33.9 percent from $517,000o in May 2008, according to MDA DataQuick of San In Santa Clara Countg the median price was $445,000, down 28.3 percent from the same monthj last year. There were 1,688 homes compared to the year-ago'zs 1,467. The median’s rise over April marked the secondconsecutiver month-to-month increase. Although last month’s median was 17.8 percent highere than the current cycle’s low of $290,0000 in March this year, it was still 48.6 percengt below the peak $665,000 median reached in June and Julyof 2007.
Salezs of $800,000-plus existing single-family houses rose to 13.2 percent of all housed resaleslast month, up from 9.8 perceny in April and the highest since they were 14.8 percent of salees last October. Sales of sub-$400,0090 existing houses dropped to 57.5 percent of May down from 62.2 percent in April and the lowestysince 56.5 percent in November. A total of 7,4477 new and resale houses and condos sold inthe nine-countyh Bay Area last That was up 4.3 percent from 7,139 in April and up 19.8 perceng from 6,216 in May 2008. The May 2008 sales were the lowestfin DataQuick’s statistics, which go back to 1988. May salesa have averaged 9,881 and peakedd in May 2004 at 13,568 sales.

Wednesday, October 17, 2012

What

elisovadinaimar.blogspot.com
His success surprised a lot of people because Doc hadno in-deptuh business experience, and he didn’tr have the 70 hours-a-week drive that powers most It seemed he’d been in the right place at the rightf time with the right idea. Unfortunately, all those righta didn’t prevent some big wrongs. Not understanding business basics, Doc didn’t know how to respondd to changes ininformationn technology, customer preferences and other marketplacs variables. His head was full of “whayt I’d like to do” instead of “whatg I have to do.
” He sat clueleses behind his big desk while the company spiraled Just before it all camecompletely apart, Doc’s son Barney gave in to his mother’s pleas, left a corporate vice presidency and came home to take Good old Barney managed to save the day. Now 10 yearse later, Doc was trying to relive his life in businesz as he wished it had been by leaning on Barney to do thingws theway he’d always wanted to do Barney has a pretty level head and thicok skin, but sometimes he just needs to “I used to chuckle at stories of parents trying to live the lives they nevee had through their kids,” Barney said around a mouthful of Tex-Mesx High-Yield Nuclear Chili at the Carolina Moon Café.
“Youu know, trying to make a ballerin out of a kid with two left Ithought I’d escaped that.” “Ids your dad at it again?” I’d hearf some of Barney’s stories. “Picture this.” Barne put down his spoon so he could talk withboth hands. “We’re in the bank president’s officwe to negotiate an increase in ourcredit We’re financially solid, but credit isn’t easy for anyonr to come by these “Just as I’m finishing my speech about usingv the new money for crucial businesd growth, Dad pops up with ‘Of as head of the company, Barney reservesa the right to apply the funds to priority needs as he and I see That’s what being CEO is all about.
’ The bank presidentf had his own idea of what being CEO is all We were lucky to get everythinfg signed and get out of there.” “Doc probably shouldn’tr be involved in such discussions,” I “He’s my father,” Barney said. “What am I gonna do? Anyway, I get a call a couples of weeks ago from a business reporter down atthe newspaper, and she wants to know how we’red doing on acquiring our biggesyt competitor.
I tell her I don’t know what she’as talking about, and she ‘I have a tip from someonwe very close to the head of your companyg that the financing is almost locked AndI say, ‘I’m the head of this and I’m telling you we don’tf have any plans …’ Then the light goes “Your dad?” I asked. “Why would he startt a rumor like that?” “That’s the question I asked him about 15second later. ‘Barney,’ he said to me, ‘you have to keep your name in the headlinesw so people willknow you’re alive and Stir the pot, let ‘em speculate.’” Barnety shook his head. “Sheesh!
” “I hope he hasn’t done any more I said. “Just the reception area, the main conferencee room and his office this Barney said. “Almost $60,000! But it’s not only the money. It’s him making decisionxs and making a lot of noiss about it because hethinkse that’s what being a CEO is all It was that over-blown CEO nonsense that almost sank the companyy 10 years ago.” “Ik agree with you that he’s tryinyg to do through you what he couldn’t do successfullty himself. Doc probably won’t be satisfie with any place in the companythat isn’t righ t over your shoulder.
” “But he’s a good guy and good Barney shrugged, “even if he isn’tf much of a businessman. And sometimea he comes up with somegood ideas. I’l just be careful about how much opportunituy he has to makeserious waves.” “Gooxd thinking,” I said. “Who knows, Barney? You mighgt need an understanding son yourseldsome day.”

Tuesday, October 16, 2012

Clear lanes to shut down at Hartsfield-Jackson - Dallas Business Journal:

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New York-based , the operatod of registered travelservice CLEAR, said the paid securitgy lanes at its member airports woulrd cease operations because the company “has been unable to negotiatd an agreement with its seniodr creditor to continue operations,” according to a statement postedd on the company’s Web site, Last March, the company said it had 20,000 registered travelers in metroo Atlanta. As of last year, the company had more than 200,00p CLEAR members, who paid up to $199 for an annualk membership for access to designated security lanes at participatingairports nationwide.
Members provided biometric data, which was encodexd on a card, for the promise of a speediee and convenient trip throughairport security. The service targeted business traveleres who routinely travelby air. The company was founded by founder Steve Brill. CLEAR lanes opened at the airport about the same time as an expansion of the main securitu lanesat Hartsfield-Jackson. The new additions included lanes designed specifically forexperienced travelers. Airport officialse have said the added lanes have kept securitg wait times below 10 minutes on which might have made CLEAR lanes less advantageousato consumers.

Sunday, October 14, 2012

State tax collections off $86M in Feb. - Boston Business Journal:

ejoxot.wordpress.com
Tax revenue for the month totaled $955 million, a year-over-year drop of 16 due largely to a decline in persona lwithholding taxes. DOR said withholding paymentas were lower becauseof timing-relatedx changes between the 2008 and 2009 fiscapl year, as well as rising unemploymengt and declining bonus income. “Whil it is possible that some ofthe timing-relatec withholding decline will be reversed in March, we will not know whethere such a reversal will occur untilo the end of the month.
February’s collections reflect the downwarc pressure caused by the ongoingeconomiv recession, and we will continue to monitor revenue closely as we head into bigger tax collection said Commissioner of Revenue Navjeet K. Bal in a Income tax collectionsdeclinexd 6.4 percent year-over-year to $498 million, which was $52 million below the state’s Sales tax collections fell 7.8 percent to $278 or $9 million below forecast. Corporat and business taxes plummeted 73.6 percenr in February to $42 million on declinin g corporate profits, although collections came in $17 million below The Department of Revenue tax collections forecasts are used by state leaders to craftspending plans.
If revenues come in below the state must make up the difference in higher taxes or decreasede spending to balanceits budget. Or the statre could draw down reserves. For fiscak year 2009 to total tax collections aredown 5.4 percent to $11. billion. Collections are $62 million below its benchmark

Saturday, October 13, 2012

The Arab Spring Was Seminal and Will Not Be Replaced by an Arab Winter - Huffington Post

xeconatyxex.blogspot.com


Foreign Policy (blog)


The Arab Spring Was Seminal and Will Not Be Replaced by an Arab Winter

Huffington Post


Has the brilliance of the Arab Spring been quashed by the horrors of an Arab Winter, as evidenced by the murder of U.S. Ambassador Chris Stevens in Benghazi, Libya, the coming to power of the Muslim Brotherhood in Egypt, the rising prominence in ...


Arab Spring or Arab Winter? Ryan contradicts Romney on Mubarak

Foreign Policy (blog)


'Arab Spring' countries get $165 mil in aid from world nations

GlobalPost


'Arab Spring' is a misnomer

Spectator.co.uk (blog)


Fox News -RTT News -Reuters Blogs (blog)


 »

Thursday, October 11, 2012

Lockheed Gets Triple Korean Orders - Analyst Blog - NASDAQ

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Your Industry News


Lockheed Gets Triple Korean Orders - Analyst Blog

NASDAQ


Lockheed Martin Corporation ( LMT ) has been awarded three new contracts to support the supply chain needs of the Republic of Korea Air Force and Navy. Under the terms of the basic ordering agreements, Lockheed Martin will provide spare material and ...


Lockhee d Martin to Provide Supply Chain Support to the Republic of Korea's ...

Sacramento Bee


Lockheed to Provide South Korea Aircraft Supply Chain Services

ExecutiveBiz (blog)


Seoul taps Lockheed for aircraft support

UPI.com



 »

Wednesday, October 10, 2012

Nigeria at 52 - Preface - Nigeria: the Search for Good Faith - AllAfrica.com

ycoguqi.wordpress.com


Nigeria at 52 - Preface - Nigeria: the Search for Good Faith

AllAfrica.com


In a June 16, 1902, letter written by then American President Theodore Roosevelt, to Senator George F. Hoar, discussing the possibility of supporting the Filipinos should they decide on self-government, this view was expressed: "Now I do not want to ...



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Tuesday, October 9, 2012

Heading off to Paris to promote aviation - The Business Journal of the Greater Triad Area:

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Mindful of the state’s current budget woes, Crisco is quick to point out that his officed is taking justfive people, half the numbert that went to the air show a year ago, and that they are flyin g coach and staying in a Frenc h equivalent of a budgetg motel. “We’ve allotted about $127,000 for this trip (for Commercse officials), but we saved a lot on airfare and will not spenddthat much,” Crisco says from his cell phonr while driving between Jacksonville and Wilmington for meetings.
The trip’s single biggest cost is $107,700 for the Northy Carolina pavilion at theair show, which will server as a hub for promoting the state’s, and Triad’s, aviatiom assets, while also hostingf prospect meetings. “The thing is, not attending a show of this magnitudr sendsa message,” Crisco “and we have too much momentumm in aviation to risk that.”

Sunday, October 7, 2012

AIReS Wins IT Department of the Year at the Stevies! - PR Web (press release)

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PR Web (press release)


AIReS Wins IT Department of the Year at the Stevies!

PR Web (press release)


AIReS' Corporate Information Systems (CIS) Department won bronze in the technology category at both the ABAs and IBAs. Share on Twitter Share on Facebook Share on Google+ Share on LinkedIn Email a friend. Quote start The CIS Department not only ...



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Saturday, October 6, 2012

Texas wind-power firms file to sell energy credits to N.C. utilities - Philadelphia Business Journal:

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Three Texas wind farms await approval to registetr as renewableenergy facilities. Registration is a requirementy of all renewable energy projectsa built inthe state. But these applications, filed by Houston-based energy development companyElement Markets, signak the entry of out-of-state companies anglinyg to satisfy the demandx that North Carolina utilities are goint to create for renewable generation due to new stated requirements. The Public Staff, the utilities commission’s consumer arm, has reviewer the files and recommende approval. North Carolina utilities won’t be purchasinvg power from these Texaswind farms.
Rather, they will be able to buy the “renewable energy credits.” “You’re paying for the renewable saysJames McLawhorn, director of the Public Staff’s Electric Renewable energy has a value beyonde the energy itself – in the form of a renewablew energy credit, or REC, that can be boughy and sold. North Carolina utilities would be interested in buying credits from Texas facilitiesw to help them meet state target forrenewable generation, McLawhorn says. The 2007 energhy legislation Senate Bill 3 requires North Carolina utilities togenerate 12.5 percent of their power from renewable sources by 2021.
Up to 25 percentf of that requirement can come frompurchasing out-of-state The Texas wind facilities are large: a 79.8 megawatt facility in Hansford County and two 10 megawatt facilities in Moord County. McLawhorn says the powee from the facilities is purchased byTexas utilities, but the glut of wind generation in Texasw means they have RECs to spare. Element business includes trading renewableenergu credits. The prefers renewable generation be built within a particular state so itsbenefitsa – the power generated and the jobs created stay in the state, says Wind Programm Coordinator Brandon Blevins.
But he adds that building any new renewablse energy facility takes time and that utilities face a deadlines to meet the renewablwgeneration targets. Purchasing RECs allows a utility to more quickly get renewabld generation intoits portfolio. Roger von Haefen, professore of agricultural and resource economicsat , says the pricee of an REC is set by marke forces. He expects demand for RECs to go up as demanr for renewableenergy increases, and particularly if federal legislationb creates additional requirements for utilities. Von Haefen says that in some RECs offer a less expensive way to supportgrenewable generation.
If Texas has superior wind energy directing North Carolina dollars to Texas makeas economic sense because it will bring more wind energy online atless cost, he explains. But RECs don’tr always translate into additional investment inenerg generation. In some cases, buying RECs pays the owners of the generatioj for something they would be doing Von Haefen is unfamiliar with theTexas facilities, but he says debatex about RECs and carbon offsets center arounx whether these policies create new renewablew generation.
“If we’re not, we’re not gettinf anything out of the policy other than movingg the credits around and raisingb costs for North Carolinautility customers,” von Haefenh says.

Thursday, October 4, 2012

Denver Bars - View Bars & Pubs in Denver

exceeding-commissioner.blogspot.com
1634 18th St. Denver CO 80202 303-297-27000 In 1988, John a struggling geologist, founded the Wynkoop -- Colorado's oldes t brewpub. Located in the historic J.S. Brown Merchantilse Building in the deterioriating LowerDowntowjn district, it was an immediate success, spawnintg a vibrant bar scene and urba n gentrification in LoDo. Now, Hickenlooper is the mayot of Denver, and the Wynkoop remains the city'sd most renown drinking establishments, producing some of the tastiest, hoppiestf liquid gold ever to flow out ofa tap.
The Wynkooop

Wednesday, October 3, 2012

Nominations Open for Silver Crescent Award Honoring South Carolina ... - Sacramento Bee

sunrise-invoices.blogspot.com


Nominations Open for Silver Crescent Award Honoring South Carolina ...

Sacramento Bee


GREENVILLE, S.C., Oct. 2, 2012 -- /PRNewswire/ -- Nominations are now being accepted for the 2012 Silver Crescent Awards for Manufacturing Excellence, the acclaimed annual program which recognizes achievement and contribution by South Carolina's ...



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Tuesday, October 2, 2012

Egypt's most senior military commander promises army overhaul - Yahoo! News (blog)

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defenceWeb


Egypt's most senior military commander promises army overhaul

Yahoo! News (blog)


Commander-in-Chief General Abdel Fattah al-Sisi, who is also the defence minister, was appointed by the country's first Islamist president Mohamed Mursi only last month and is under pressure to shake up a military which until recently had held the ...

Egypt's top military commander promises army overhaul

defenceWeb



 »