2 to get pink slips over alleged DUIs Philadelphia Inquirer 2 to get pink slips over alleged DUIs. TWO CITY Council employees will receive termination letters Monday for allegedly driving drunk when they used city-owned vehicles without authorization Saturday, according to police and a Council spokeswoman ... |
Monday, September 10, 2012
2 to get pink slips over alleged DUIs - Philadelphia Inquirer
uraa-quartely.blogspot.com
Saturday, September 8, 2012
Alameda seeks move into old City sports bar site - San Francisco Business Times:
gault-rickettsias.blogspot.com
According to the , a business calledd the Alameda Brewhouse Annex has filede for a liquor license at424 S.W. Fourth Ave. An Alamedaq employee confirmed that brewery owner Matt Schumacher also owns the The site is the former home of The a sports bar that closed last The liquor commission canceledthe bar’s license on Jan. 6 after several “seriouws and persistent problems.” The ordetr came less than a week afte a homicide that apparently took place earlhyNew Year’s Day. The City surrendered its liquot license amonth later. The Alameda Brewhouse Annexz license request isstill pending, said Christiee Scott, a commission spokeswoman.
The ownerzs filed the liquor license request in The company DBO LLC purchasefd the building containing the proposed Annexz in 1999for $606,120. It has a currentt market valueof $1.25 million. Alameda’s primary brewpub is at 4765 N.E. Fremont St.
According to the , a business calledd the Alameda Brewhouse Annex has filede for a liquor license at424 S.W. Fourth Ave. An Alamedaq employee confirmed that brewery owner Matt Schumacher also owns the The site is the former home of The a sports bar that closed last The liquor commission canceledthe bar’s license on Jan. 6 after several “seriouws and persistent problems.” The ordetr came less than a week afte a homicide that apparently took place earlhyNew Year’s Day. The City surrendered its liquot license amonth later. The Alameda Brewhouse Annexz license request isstill pending, said Christiee Scott, a commission spokeswoman.
The ownerzs filed the liquor license request in The company DBO LLC purchasefd the building containing the proposed Annexz in 1999for $606,120. It has a currentt market valueof $1.25 million. Alameda’s primary brewpub is at 4765 N.E. Fremont St.
Friday, September 7, 2012
Al Ressler Executive Profile
ogarawo.wordpress.com
**All Executive profile data provided byDow Jones & Co., Inc.
**All Executive profile data provided byDow Jones & Co., Inc.
Wednesday, September 5, 2012
Japanese visitors still spooked by flu - Charlotte Business Journal:
vuwodu.wordpress.com
According to preliminary counts, a total of 8,8700 passengers arrived June 1-4 on flights to Hawaii from That’s a 32 percent drop from the same period in about 1,000 fewer visitors per day. The Japaneswe visitor falloff begin the seconf week in May and was directly attributef toswine flu, also called H1N1 influenza A. Even thouguh Japan has reported, as of Wednesday, 385 swinee flu cases of its own, rankinv it among the top six countries affected by the many Japanese companies have bannerd employees fromoverseas travel.
The swine flu outbreakm is also affecting travel from other Asian countriexs to North Americaand Europe, according to Hawaii Tourism The South Korean travel industry reports 15-30 percentr cancellation rates in trips to U.S. destinations sincs the end of April. Cancellations to Hawaii are under 10 The Chinesetravel industry, said cancellations in outbound travelk are increasing, with fewer new-booked packages to the U.S.
According to preliminary counts, a total of 8,8700 passengers arrived June 1-4 on flights to Hawaii from That’s a 32 percent drop from the same period in about 1,000 fewer visitors per day. The Japaneswe visitor falloff begin the seconf week in May and was directly attributef toswine flu, also called H1N1 influenza A. Even thouguh Japan has reported, as of Wednesday, 385 swinee flu cases of its own, rankinv it among the top six countries affected by the many Japanese companies have bannerd employees fromoverseas travel.
The swine flu outbreakm is also affecting travel from other Asian countriexs to North Americaand Europe, according to Hawaii Tourism The South Korean travel industry reports 15-30 percentr cancellation rates in trips to U.S. destinations sincs the end of April. Cancellations to Hawaii are under 10 The Chinesetravel industry, said cancellations in outbound travelk are increasing, with fewer new-booked packages to the U.S.
Tuesday, September 4, 2012
Small business bridge loans likely to go quickly - Triangle Business Journal:
esivyjifag.wordpress.com
The SBA will begin acceptin applications from lenders for itsnew America’s Recovery Capitao loans June 15. The which were created by the economic stimulus legislation, will help smalkl businesses make payments on existing loans. Through this small businesses can borrow upto $35,000 to make up to six months of payments on qualifyint loans, including credit cards if that debt was used for businesds purposes. The loans will be made throughg private-sector lenders, not the SBA itself.
Borrowers won’t have to starty repaying the ARC loans until a year aftef they receive their last ARC loan They then will pay back the principal on the ARC loan in five Smallbusinesses won’t have to pay interesf on the loans. Instead, the SBA will pay the lende a monthly interest rate of prime plus 2percentager points. The SBA also will guarantee 100 percenrt ofthe loan’s amount. To be eligible for the loans, smalll businesses must show they were profitable or had positivee cash flow in at least one of the past two Future cash flow projections must demonstrate that the businesses will be able to repay their debts, including the ARC loan.
Borrowerx can’t be more than 60 days past due on any loan being paid through anARC loan, and they must have a businesse credit score that is acceptable to the SBA. ARC loanw can’t be used to make payments on an SBA loan made prior to Feb. 17, 2009, the date the economic stimulusx billbecame law. To be small businesses also must showthat they’re experiencingg an immediate financial hardship, such as decliningg sales or difficulty making payroll.
The SBA hopes small businesses will use the ARC loansas “breathing room to reworkk their business strategy in order to position themselves for futurw success,” said Eric Zarnikow, who heads the agency’s Office of Capitall Access. Most of the loans probablyu will be made through lenders that alreadt have a business relationship with the Zarnikow said. Small businesses that are interested in an ARC loan shouldf first contact theircurrent lender, according to the SBA. Lenders that currently don’t make SBA-guaranteed loans can join the in a process that takes abouta week, he said. The agency has enoughh funding for the ARC program to makeabout 10,000 loans.
Zarnikow expects high demansd forthese loans, but said it may take some time for some lendere to ramp up for this new program. The loans will be availables until the money for the program runs out oruntilp Sept. 30, 2010, whichever comex first. Zarnikow expects the loanxs “will go pretty quickly.” Tony Wilkinson, presidenty and CEO of the National Associationn of GovernmentGuaranteed Lenders, agreed the “funding will be exhaustede rather quickly.
” For lenders who have customeres who were profitable in 2007, took a hit in 2008 and couldd survive this year with a little “this is the product,” Wilkinson The chair of the House committee that overseexs the Small Business Administration criticized the agency’e new loan program for automobile dealers. The SBA recentlyh announced that it temporarilyy will allow auto dealers to useits 7(a) businesas loan program to finance vehicle inventory. Many lenderse had stopped makingthess so-called “floorplan” loans to auto Rep. Nydia Velazquez, D-N.Y.
, who chairs the Housde Small Business Committee, fearsw “there is a significantly higher risk of loan on thesefloorplan loans. This could forcse the SBA to increase the subsidy ratefor 7(a) which would make the loans costlier for future borrowers. In a June 2 letter to SBA AdministratodrKaren Mills, Velazquez noted the SBA had “long prohibitee the use of its financing programs for the purpose of wholesalr lending, and for good reason. Because lender s are limited in their ability to exercise full controo over thefinanced items, the exposure to loss in floorplamn loans is greater than in other types of financing.
” Vehicleas serve as collateral for floorplab loans, and the value of this collateral “willk depreciate rapidly” given the glut of inventoryg facing auto makers in the wake of the bankruptcy reorganizations of Chrysler and General Motors, Velazquez wrote. “Whils clearly there is a need to provide this industruy withtransitional assistance, doing so by focusin on inherently risky financial arrangements seems questionable,” she “The potentially negative impacts of this policy changd are likely to extend well beyond the auto But Tony Wilkinson, president and CEO of the Nationa l Association of Government Guaranteed Lenders, said the floorplab loans shouldn’t be any riskier than other typeds of 7(a) loans if lenders administer the loanss responsibly.
“I think it’zs appropriate for the SBA to look at everything they can do for all smalp businessesright now, given smalpl businesses’ inability to access credit,” Wilkinson said. Velazquez also contendedd the time the agency spent on developingv a complex new loan program should have been spentt on implementing overdue programs called for in the economixcstimulus bill. The floorplan loans will help onlya “very limitex group” of small she noted. Had the SBA insteade focused more on thestimulus programs, “thousands of small businesses that can no longer wait for help woulf have seen assistance,” Velazquez wrote.
The SBA will begin acceptin applications from lenders for itsnew America’s Recovery Capitao loans June 15. The which were created by the economic stimulus legislation, will help smalkl businesses make payments on existing loans. Through this small businesses can borrow upto $35,000 to make up to six months of payments on qualifyint loans, including credit cards if that debt was used for businesds purposes. The loans will be made throughg private-sector lenders, not the SBA itself.
Borrowers won’t have to starty repaying the ARC loans until a year aftef they receive their last ARC loan They then will pay back the principal on the ARC loan in five Smallbusinesses won’t have to pay interesf on the loans. Instead, the SBA will pay the lende a monthly interest rate of prime plus 2percentager points. The SBA also will guarantee 100 percenrt ofthe loan’s amount. To be eligible for the loans, smalll businesses must show they were profitable or had positivee cash flow in at least one of the past two Future cash flow projections must demonstrate that the businesses will be able to repay their debts, including the ARC loan.
Borrowerx can’t be more than 60 days past due on any loan being paid through anARC loan, and they must have a businesse credit score that is acceptable to the SBA. ARC loanw can’t be used to make payments on an SBA loan made prior to Feb. 17, 2009, the date the economic stimulusx billbecame law. To be small businesses also must showthat they’re experiencingg an immediate financial hardship, such as decliningg sales or difficulty making payroll.
The SBA hopes small businesses will use the ARC loansas “breathing room to reworkk their business strategy in order to position themselves for futurw success,” said Eric Zarnikow, who heads the agency’s Office of Capitall Access. Most of the loans probablyu will be made through lenders that alreadt have a business relationship with the Zarnikow said. Small businesses that are interested in an ARC loan shouldf first contact theircurrent lender, according to the SBA. Lenders that currently don’t make SBA-guaranteed loans can join the in a process that takes abouta week, he said. The agency has enoughh funding for the ARC program to makeabout 10,000 loans.
Zarnikow expects high demansd forthese loans, but said it may take some time for some lendere to ramp up for this new program. The loans will be availables until the money for the program runs out oruntilp Sept. 30, 2010, whichever comex first. Zarnikow expects the loanxs “will go pretty quickly.” Tony Wilkinson, presidenty and CEO of the National Associationn of GovernmentGuaranteed Lenders, agreed the “funding will be exhaustede rather quickly.
” For lenders who have customeres who were profitable in 2007, took a hit in 2008 and couldd survive this year with a little “this is the product,” Wilkinson The chair of the House committee that overseexs the Small Business Administration criticized the agency’e new loan program for automobile dealers. The SBA recentlyh announced that it temporarilyy will allow auto dealers to useits 7(a) businesas loan program to finance vehicle inventory. Many lenderse had stopped makingthess so-called “floorplan” loans to auto Rep. Nydia Velazquez, D-N.Y.
, who chairs the Housde Small Business Committee, fearsw “there is a significantly higher risk of loan on thesefloorplan loans. This could forcse the SBA to increase the subsidy ratefor 7(a) which would make the loans costlier for future borrowers. In a June 2 letter to SBA AdministratodrKaren Mills, Velazquez noted the SBA had “long prohibitee the use of its financing programs for the purpose of wholesalr lending, and for good reason. Because lender s are limited in their ability to exercise full controo over thefinanced items, the exposure to loss in floorplamn loans is greater than in other types of financing.
” Vehicleas serve as collateral for floorplab loans, and the value of this collateral “willk depreciate rapidly” given the glut of inventoryg facing auto makers in the wake of the bankruptcy reorganizations of Chrysler and General Motors, Velazquez wrote. “Whils clearly there is a need to provide this industruy withtransitional assistance, doing so by focusin on inherently risky financial arrangements seems questionable,” she “The potentially negative impacts of this policy changd are likely to extend well beyond the auto But Tony Wilkinson, president and CEO of the Nationa l Association of Government Guaranteed Lenders, said the floorplab loans shouldn’t be any riskier than other typeds of 7(a) loans if lenders administer the loanss responsibly.
“I think it’zs appropriate for the SBA to look at everything they can do for all smalp businessesright now, given smalpl businesses’ inability to access credit,” Wilkinson said. Velazquez also contendedd the time the agency spent on developingv a complex new loan program should have been spentt on implementing overdue programs called for in the economixcstimulus bill. The floorplan loans will help onlya “very limitex group” of small she noted. Had the SBA insteade focused more on thestimulus programs, “thousands of small businesses that can no longer wait for help woulf have seen assistance,” Velazquez wrote.
Monday, September 3, 2012
Gehl secures new 2-year credit pact - The Business Journal of the Greater Triad Area:
pemp66seb.blogspot.com
The agreement with U.S. bank lenders provides for a total credigt commitmentof $105 millionb and a term of 24 months. The credit line consists of an $80 millio n revolving line based on North Americabn inventories and accounts receivable and a term loanof $25 million payable in quarterly installments. The credit pact replacese the company's October 2006 $125 million unsecuref credit facility. As part of the amended credit agreement, Gehl Co. has granted to its bank lendere a security interest in all of its NorthAmericaj assets.
The amended credit agreemeng addresses matters that gave rise to an April 16 forbearancw agreement with the lended group that rescinds and withdraws a notice of debt repayment deliverex onMarch 31. That agreement with lenders extendeed the repaymentof $117 million in debt under a revolving credift agreement, which serves as the company'es principal source of liquidity. Gehl said it has significantlyu reduced its outstanding borrowings using operating cash flows creater in part by the cost savingsa initiatives implemented over thepast
The agreement with U.S. bank lenders provides for a total credigt commitmentof $105 millionb and a term of 24 months. The credit line consists of an $80 millio n revolving line based on North Americabn inventories and accounts receivable and a term loanof $25 million payable in quarterly installments. The credit pact replacese the company's October 2006 $125 million unsecuref credit facility. As part of the amended credit agreement, Gehl Co. has granted to its bank lendere a security interest in all of its NorthAmericaj assets.
The amended credit agreemeng addresses matters that gave rise to an April 16 forbearancw agreement with the lended group that rescinds and withdraws a notice of debt repayment deliverex onMarch 31. That agreement with lenders extendeed the repaymentof $117 million in debt under a revolving credift agreement, which serves as the company'es principal source of liquidity. Gehl said it has significantlyu reduced its outstanding borrowings using operating cash flows creater in part by the cost savingsa initiatives implemented over thepast
Saturday, September 1, 2012
Antonio Villaraigosa: Latino 'window dressing' at DNC? - VOXXI
ejoxot.wordpress.com
Antonio Villaraigosa: Latino 'window dressing' at DNC? VOXXI Among the Merriam-Webster dictionary definitions for the word token is this: “Member of a group (as a minority) that is included within a larger group through tokenism; especially : a token employee.†I wanted to look it up to see if the definition had ... |
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