Wednesday, January 30, 2013

New Vine Logistics situation gets murkier - San Francisco Business Times:

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“For us to disclose any information aboutthe buyer, New Vine’s board would have to accept or rejectf an offer,” New Vine spokeswomajn Charlotte Milan told the San Francisco Business Times , adding that no further informatiohn about New Vine’s negotiations with two or thres potential buyers is likely to be availablw June 4. Late Wednesday and very early Thursday morning, informed sourcew told the Business Timesthat 1-800-Flowers.
comj appeared set to win the sweepstakes to buy the broken pieces of New Vine, which startledd the wine industry late last week by abruptly suspending As of early Thursday morning, an announcement of a deal with which owns the Wine Tasting Networkk Services shipping company, appeared to be imminent. But that deal brokew down sometime in thewee hours, leavintg New Vine’s future uncertain. Wine Tasting according to itsLinkedIn profile, provideds winery and wine club direct marketing as well as fulfillmenft and e-commerce services to wineriex and wine retailers.
Officials at WTN did not immediatelty respond to requestsfor comment, but many in the industrh see WTN as the most logical playef to pick up some of New Vine’s pieces. New Vine, whicnh two years ago seemed poised to ship 20 percentof California’x direct-to-consumer wine market, laid off much of its staff on Fridayy and brusquely told customers over the weekende that it was no longer receiving or processing The move left many Wine Country providersa scrambling to gather information and to figurw out how to get back inventory at New Vine’s Americabn Canyon warehouse so they coul ship it to customers another way.
Publisheed accounts said some ofthe company’sd venture capital investors effectively pulled the plug last by declining to invest additiona capital in New Vine. “Some people changed theirt minds at the last saidBarbara Insel, a wine industry analystr who has served on New Vine’s advisoryg board. Kathleen Hoertkorn, New Vine Logistics’ founder and former CEO, and Chairmanm of the Board Homer Dunn said Tuesdaty that New Vine is working with customers “to transfer all services to another means of legal direcg shipping, and in the meantime, is finalizintg all work, including compiling of reconciling inventory and invoices, and performinfg all of the necessary business operations for the monthh (sic) of May and Hoertkorn added, in response to reportsa that the company knew or must have known it was in financial trouble, that officials “truly believed that they wouldr have been funded and were not expecting to have to ceaswe operations.
” The company had more than 200 customeres and roughly 110 employees as of last sources say. It now has a skeleton crew of abou t 30 staffers at its Napa headquarters and Americamn Canyonshipping facility, including a handful of executives who are workinfg to wind down New Vine was started in 2001 on the notion that it couldr help expedite shipments to consumers in various statew with confusing and complicatee legal restrictions on wine shipments, a lingering legacy of the Prohibitiojn years in America. Financial backers includse Menlo Park’s , Altos and San Francisco’s LLC, which reportedlhy pulled its people out ofNew Vine’ offices late last Thursday.

Friday, January 25, 2013

Virginia Tech dining hall to serve locally sourced milk - WSLS

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Virginia Tech dining hall to serve locally sourced milk

WSLS


... on the Blacksburg campus already use meats from the College of Agriculture and Life. Director Ted Faulkner of Dining Services says the locally sourced foods are in response to students' requests for locally sourced products and for sustainable ...



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Sunday, January 20, 2013

Government-insured mortgages skyrocket - Orlando Business Journal:

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FHA and VA loan applications roseto 35.9 percentg in June, up from 25.7 percent a month earlier and 27 percent a year earlier. Since the MBA survey'xs inception in January 1990, the lowesgt recorded share was 5.8 percent in August 2005. The government-insurexd share of applications to purchase homes last month was 38.6 percent, up from 27.8 percent one year ago. Thosew applications have averaged 36.6 percent to date, compared to an averagew of 21.8 percent during the same periodclast year. The low point was in August 2005 when itwas 6.8 the MBA reported.
"Aw primary reason government-insured loans have retained a high share of the purchas e market is that these loans typically require lowetr down payments thanconventional loans," Orawin MBA's associate VP of economiv forecasting, said in a news release. "In lending standards tend to be tightet forconventional loans, especially for loanxs that require private mortgage

Tuesday, January 15, 2013

Bon Jovi's New Single "Because We Can" Available At iTunes Today, Coinciding ... - Sacramento Bee

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Bon Jovi's New Single "Because We Can" Available At iTunes Today, Coinciding ...

Sacramento Bee


Bon Jovi's New Single "Because We Can" Available At iTunes Today, Coinciding With Global Radio Launch! New Album, "What About Now" Set For March 26th Release On Island Records!, Bon Jovi App Available Now!, "Not Running Anymore" By Jon Bon ...



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Sunday, January 13, 2013

SunPower Corp. and Xcel to build plant in Colorado - San Francisco Business Times:

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San Jose-based SunPower (NASDAQ: SPWRA) will work with Minneapolis-based XEL) on the 17-megawatt power facility, to be built in Alamosas County by the endof 2010. That area of Colorad o is high altitude desert and gets a lot of making it ideal forsolart projects. The San Luis Valley around Alamoswa includes Great Sand DunesNational Park, where prevailinhg winds blow sand up against the Sangrse De Cristo Mountains. Visitors walking in the park will find that stronvg sunshine makes the sand too hot for bare feet by No price was given bythe companies. Xcel owns the utilityy , led by CEO Tim Taylor. It alreadt has one plant in the area, an 8.
2-megawatg solar project that costabout $60 That plant’s run by of Beltsville, Md. Speciall SunPower technology will increase the efficiencyh of this project by tilting panels to trackthe sun. which has a major office in Richmond’s Ford Point is also building a big power plant in due to be finished by the end of this That plant, at 25 megawatts, will be largee than this one in Right now, the biggest plant of this type is a 12-megawatr one at Nellis Air Forcwe Base in Nevada — whicnh SunPower also built.
The company has a contractt fora 210-megawatt plant for local utility

Wednesday, January 9, 2013

Ohio Senate OKs budget bill - Business First of Columbus:

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In a 20-11 vote alonyg party lines, the Senate approved a budge that calls for morethan $113 billion in state spendinbg over the two-year period beginningb July 1. That is nearly $1 billion less than the budgeg approved earlier bythe Democrat-controllee House. “This budget protects taxpayers, fundzs basic services and puts seniors andchildremn first,” said state Sen. John R-Wellston, chairman of the Senate’s Finance and Financiak Institutions Committee. Senate Republicanb leaders their budget planMay 29. The bill passed Wednesdau was consistent with that version and remainsd at odds on many issues with the one approvefd byHouse Democrats.
Differences between the bills will need to be reconciler by a House and Senate conferencee committee in thecoming weeks. The legislaturr needs to present a balanced budgetffor Gov. Ted Strickland’s signatures by a June 30 deadline. Complicating the budgett process is thatthe House-Senatwe conference committee is expected to receive updatex state revenue estimates from Gov. Ted Strickland’ss administration that are likely to require additionaol cuts to the budget passe bythe Senate. The finalk version of the Senate bill containesd an amendment that protects Ohio hospitalzs from being hurt by a new franchisee fee called for inthe House-passed budget bill.
Designed to allow the statre to receiveapproximately $1.7 billion in matchint federal funds for Ohio’s Medicaid health-carre program for the poor, the franchise fee would have cost hospitals an estimates $333 million over the two-year budget cycle. The Senate bill retain the franchise fee but returns all the assessment dollarato hospitals, the said. That woulfd be done through a 5 percent Medicaie payment increasefor hospitals, higher paymentsz for hospital-owned home health services and potentially increased paymentxs for ambulance and hospice services owne by the hospitals. The othert big amendment in the bill would open statw parkland to drilling for oil andnatural gas.
Revenue from well leasea would be used to maintain and improvestate parks.

Monday, January 7, 2013

How we control our destiny - Evening Observer

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How we control our destiny

Evening Observer


The secret we often miss is that there is no such thing as happenstance, except in fairy tales and unproven scientific theories. The rule of the universe is cause and effect. We call things we don't understand well enough to control, "happenstance." It ...



Sunday, January 6, 2013

Nestl Purina to All-Stars: Play ball - Silicon Valley / San Jose Business Journal:

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Giant images of a dog and cat, with the tagline “play ball,” appear on the 96-foot by 160-foot wrap that stretchexs across the north face of thetoweer building, at 1 Checkerboard Square, near Ninthh Street and Chouteau Avenue in downtown St. Five vertical panels of the mesh which allows office occupants to see throughthe signage, coversx the top eight floors of the 15-story tower’ss north face. The signage is expected to be The petproduct company’s internal CheckMark, came up with the creative desigmn and copy. International outdoor marketingfirm , baserd in the United Kingdom, did the production. The project was undedr 30 days from startto finish.
The building’ s high visibility from downtown and BuschStadium “makesx a great canvas for this kind of company spokesman Keith Schopp told the Businesa Journal in a statement. St. Louis is a baseballo town and Purina's been here for well over a so this is a way to demonstrated our support of the game and let fans and visitor s know what Purina is doingto Nestlé Purina PetCare, a global manufacturer of pet is part of Swiss-based , the world'sw largest food company. St. Louis sign meanwhile, are creating banners touting the All-Stadr game.

Thursday, January 3, 2013

Montgomery County growth policy to boost infill development - Washington Business Journal:

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A draft of the county’s 2009-20121 Growth Policy recommends that all new residentiap projects be a minimum of 75 percenrt of the allowed densituy under thezoning rules, provide a minimumm of half of the floor area for residentiap use, include affordable and work forcde housing, and meet energy efficiency standard of 17.5 percent for new construction or 10.5 percenr for renovations. The county Planning Board will begibn considering the draftrepory Thursday. It will go to the County Council laterthis year. A public hearing is planned forJune 22.
The new policty and smart growth push come as the county projects its populatioj to growby 195,000 people by 2030 when only 4 percengt of the county’s land zoned for developmen remains. “There is no room left for larged single- family home tracts, nor is the markegt for such growth the same as it was just twoyearz ago,” the draft says. Single-family detached houses currently account for 30 percent ofthe county’se land area. Planners propose taking advantage ofexistinv infrastructure, surface parking lots and redevelopment aroundf Metro stations to accommodate growth.
Betweenm now and 2030, they project, 80 percent of new Montgomeryh housing units will bemultifamily units, which use abour 40 percent less energy than single-family detachedf houses. The plan cites Silvetr Spring and Bethesda as areas that have successfullg fosteredsmart growth. The proposed policy, whicy would go into effect in July 2010 if approvec by the board andthe council, would providwe incentives for Montgomery developments within a half mile of transirt stations and within a half mile of 10 basic serviced such as grocery stores and libraries. These incentivees would reduce the number of trips residents take andpromotes walking.
Traffic would be furtherf reduced by the proposed increasedin high-rise residential units, which generatre 28 percent of the peak hour traffic created by officwe buildings of comparable sizes. The new growthb policy was released the same day the planninhg board it would not approve residential subdivisionsin Bethesda, Chevhy Chase, Clarksburg and Seneca Valley because of overcrowde schools. The moratorium came after the board received resultas of the annualschool test, which compares projectex 2014 enrollment figures against classroom capacity in the county’sa public schools.
The test showed that the number of students expected to be enrolledr by 2014 is greater than the 120 percentr cap set bycounty law.

Wednesday, January 2, 2013

Wisconsin Clopay plant to be closed - Business Courier of Cincinnati:

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, the garage doors manufacturing busines sof Jericho, N.Y.-based Griffon (NYSE: GFF), is consolidating operationds of the Baldwin plant, in St. Croix County, and the operation s from a plantin Russia, Ohio, into its planrt in Troy, Ohio. "These actions will enabls us to centralize production at our most technologicallu advanced facility so that Clopay can improvee its manufacturing efficiency while improving our ability to serve the needsz ofour customers," said Stevw Lynch, president of Clopay.
"Bt consolidating our manufacturing, we will streamlines operations, lower costs and maintai n the flexibility to meet supply demands now and in the The company estimates that it willincur pre-tasx exit and restructuring costs of approximatelyy $12 million, nearly all of which will be in Charges will include approximately $2 million for one-time termination benefits and other personnel-related