Thursday, July 28, 2011

Did Babe Ruth play a role in the origin of the MLB trade deadline? - Los Angeles Times

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Did Babe Ruth play a role in the origin of the MLB trade deadline?

Los Angeles Times


In both 1917 and 1919 they made deals, with the August 1, 1919 acquisition of star pitcher Art Nehf from the Boston Braves for pitchers Joe Oeschger, Red Causey, and Johnny Jones, catcher Mickey O'Neil, and $55000 being the most notable. ...



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Tuesday, July 26, 2011

Black leaders unhappy about Delta Air Lines

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Delta did not provide a breakdown of the amountr of business it does with various ethnic and minority saying “as a globap airline Delta views and tracks diversity broadly,” with all minority and womebn vendors combined in one According to Delta, in 2008 the airlinse spent a total of $213 million, or 10 of its flexible supplier budget with females and minority suppliers. That number is up from $207 million in 2007.
But longtim Atlanta businessman Tommy Dortch showed Atlanta Business Chronicles a document he said came from inside Deltw that showed a breakdown by ethnic In 2007, according to the document, the airline spent $28 millioj with Asian-American-owned firms; $26 millio n with Hispanic-owned firms; $21 million with African-American firms; and $200,00o with Native American-owned firms. For the firs t eight months of 2008, the airline only spentt $12 million with African-American suppliers; $20 milliojn with Hispanic-owned firms; $18 milliojn with Asian-American-owned firms and $1 million with Nativwe Americans. Stewart confirmed the document is internal to Delta.
“If you are a global company and if youembracre diversity, you are going to do more than $12 million with the African-Americanb community,” said Dortch, a past chai r of the , founder of the , and chairmann emeritus of , an organizationm that he chaired for 10 Dortch said he has been working behin d the scenes with several top Atlanta corporations on theie diversity initiatives. But he decided to go publid with his disappointment with Delt because its record wasso “There needs to be a national spotlight on said Dortch, who added that he’sa already had conversations with national civil rightds leaders.
Other areas of concern include Delta’s The only African-American currently on the board is Rodney aformer U.S. secretary of transportation who came from the NorthwestfAirlines board. Delta did have one African-Americam director, Walter Massey, the formerr president of Morehouse College. But Masseuy retired off the boardlast fall. In the past, Deltaz has had two high-profile African-American leaders on its board — former Atlantqa Mayor Andrew Young and JesseHill Jr., retirex CEO of . Dortch also provided a chartf of the number and percent of black pilotes at Deltaand Northwest. Both airlines ranked at the bottom (Northwest had 58 blacj pilots or 1.
12 percent; and Delta had 92 or 1.22 of that list. By comparison all the other airlines in the chart hadhigher percentages: American (1.63 percent), (2.68 percent), (3.88 percent), Continental (3.48 percent), (2.18 percent) and (3.42 Delta said in an e-mail that 4.65 percent of its pilots were minorities and women, but it did not breako down those numbers. Beasley said Delta can do “I’m retired from the Air Force,” he “There were almost no black pilots when I and the Air Force made an effor tfor inclusion. If Delta wanted to, it could hire more blacj pilots.
” When asked if being basee in Atlanta, the cradle of the Civil Rightsd Movement, put more focus on the airline’s diversityh record, Gorman said: “j think we’re very proud and we understand the importan t place we have as a corporate citizen in Atlanta. We have that same corporate citizenshi p in all the communities arounedthe world.” But Gorman also acknowledgedr there is room for improvementg in Delta’s diversity initiatives.

Saturday, July 23, 2011

SAO names new president - Business First of Columbus:

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Taking the helm is Matthew Nees, the foundeer and CEO of , a Beaverton-based marketing and communications firm, and presidengt and founder of Wintre’s Wishes Foundation, a nonprofit focuses on battling child sex abuse in Priorto that, Nees held variouws executive positions at Hewlett-Packard and Intel. In recent the SAO has been workinbg with the officeof Gov. Ted Kulongoski to identify projectx that could be eligible for federalostimulus spending, among other public outreach projects.
Scott Kveton, the interim SAO president and a board said Nees’s background working for both established tech companiees as well as start-ups will provs invaluable in working with Oregon’as tech community, which includes a balance of start-ups and corporate behemoths. “As the organization’s president, I will focues on building a strong connection betweeh technology professionalsthroughout Oregon’ds business community,” Nees said in a news release. “Witj the expertise and assistance of thisextraordinary group, SAO will fortif y its leading role in driving opportunities for economic growt h and stability during these tough economic times.

Thursday, July 21, 2011

State OKs $840M clean energy program - San Francisco Business Times:

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Those involved with the $120-million-a-year plan and some outsidera say it’s needed to acceleratew R&D. “It’s really about a multipliefr affect,” said Will Coleman, a venture capitalis with Menlo Park-based . “These dollards alone won’t solve the but if these dollars can unlocprivate dollars, they’re going to be more To be eligible for state companies must also be applying to the federalp government for stimulus funds in transportation, energgy efficiency, fuel and transit categories. “This is a good plan,” said Dan director of the Renewable and Appropriate Energt Laboratory atthe .
“This is the right moment to be thinking about an integratex view of researchand deployment.” The CEC already is accepting applicationws for the state funds. Infrastructurs to support electric cars, like charging stations, and plug-i n hybrid retrofits get $46 million; hydrogen fuelinhg stations get $40 million; ethanol fueling stations and pilot plantget $12 million; renewabler and biodiesel get $6 million; natural gas vehicles get $43 million, while propane schooo buses and other vehiclesw get $2 million; workforce trainint gets $27 million.

Tuesday, July 19, 2011

The following is an investment opinion release issued by - PennyStockChaser.com

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MONTREAL, June 13 /PRNewswire/ - PennyStockChaser.com has listene d to our members and is proud to presenf our new FREESMS service. Keep up to date with dailyh stock alerts directly to your cell NEVER miss an opportunity to get into a hot stocjk at the beginning of its Get your FREE daily alerts directly to your cell phoner by signing up for FREE on our websitwat PennyStockChaser.com. At PennyStockChaser, we are dedicated to bringing you winninh stocks on a daily To receive more hot stock alerts investors simplyh need to visit and join our FREE newsletter service by clickinbg thefollowing link: We want to provided investors with some general guidanced in penny stocks trading.
Do you want to be well informed? Subscribe NOW to our newsletters and to our NEW FREE SMS SERVICEw on the home page by clicking on thefollowint link: About PennyStockChaser.com PennyStockChaser.com is a leadingt stock website that provides free dailuy alerts on stocks that are moving up. PennyStockChaser.cok also tracks small cap stockes that are on the brinkof exploding. We also feature companiees on our website withresearch report, analysis, and To feature a company on our web site please contactg us at PennyStockChaser.com is an independentt electronic publication that provide information on selected publicly traded companies. PennyStockChaser.
co m is not a registered investment advisoror broker-dealer. PennyStockChaser.com's affiliates, directors and employees may buy and sell sharees in any company mentioned herein and may profit in the eventr those shares risein value. Please do your own Due Diligence beford investing in any of the stocksmentione above. , CFA, of PennyStockChaser.com is a member of the Nationapl Association ofSecurities Dealers, CRD number 1818665. For furthef information, please contact: SOURCE PennyStockChaser.
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Sunday, July 17, 2011

Deloitte: Consumer spending still down - Atlanta Business Chronicle:

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The index fell to 1.35 percent from an downwardlg revised gainof 1.44 percent in April. Deloittew said the index analyzestax burden, initial unemployment claims, real wagee and real home prices to try to traclk consumer cash flow as an indicator of future consumer spending. "The year over year pace of declin e in real consumer spending appearse tohave stabilized, however, recovery is beinh delayed by a sharp increase in consumer which has risen to 5.7 percent from zero a year said Carl Steidtmann, chief economist with Deloitte Research and authord of the monthly index, in a statement.
the weakness in the index was drivebn almost entirely by falling home which are down nearly 14 percent over thepast year, underminingf small gains in real wages, a declinintg tax burden and current stabilization in new unemploymen claims." The report noted the tax burden continuesd to drop with the weakening of the economy. It is at a leve only seen on a few occasionw over the past 50 years during brief periods followinghtax rebates. Continued decline is expected. Also real wage growth continues to post small gainw due to falling pricesfor energy. Real wages are up 4.
3 percen t from a year ago and on an annualized basis are up 8 percentt over the last nine months as energy prices have given a big boost to consumerrpurchasing power, the index said.

Thursday, July 14, 2011

Kannapolis honored for economic strategy - Business First of Columbus:

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The city received the award in the category of Excellencew in EconomicDiversification Strategies, whicuh recognizes responses to plant closures and other economic that promote economic diversification. The competition is open to local, state and regional governments; and universities and Cabarrus and Rowan countieslost 4,3009 manufacturing jobs when textile manufacturer Kannapolis-basedPillowtex closed in July 2003. Two yeara later, California billionaire David Murdock announced plans forthe N.C. Researcbh Campus at the 350-acre formedr Pillowtex headquarters andmanufacturing site. The life-sciences hub includesw the participation ofDuke University, the UNC the N.C.
Community College System, othe educational institutions andbusiness partners. The total investmenyt is expected toreach $1.8 billion. Residential and commercialp developments are rising around the campusx with hopes of turning a formertextile town, into a biotech center.

Tuesday, July 12, 2011

Gov. Beshear appoints members to Kentucky BRAC task force - Business First of Louisville:

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The task force is responsible for addressingf the needs of the state asthe U.S. Army expand operations at Fort Knox. Before the end of about 5,000 new militaryh and civilian jobs will have been Another 7,700 family members will accompany those who are being transferred from other militaruy facilities across the Unite d States. John Hindman, secretary of the Kentuck EconomicDevelopment Cabinet; Joe Prather, secretary of the Kentucky Transportation Cabinet; Helen Mountjoy, secretary of the Kentucky Education Cabinet; Maj. Gen. Edward Kentucky Adjutant General; Retired Col. Don Williams, chairman of the Kentucky Commission on Military Retired Brig. Gen. Jamews E. Shane Jr.
, executive director of the Kentuck y Commission onMilitary Affairs; Wendell C. Lawrence, executivse director of the Lincoln Trail AreaDevelopment C. Bruce Traughber, director of economicv developmentfor Louisville-Jefferson County Metrol Government; William Bradley Richardson, executive director of the North Hardin Economic Development Authoritu and One Knox Policy Council; Donald a Hopkinsville real estat e developer and representative from the Fort Campbelk area. Beshear will be chairman of thetask force, and he has designatedx Williams as vice chairman.

Sunday, July 10, 2011

Kenneth P. Malvey Executive Profile

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Recent News About Kenneth P. Malvey  [Briefing.com via MSN Money] **All Executive profile data provided byDow Jones & Co., Inc.

Thursday, July 7, 2011

Genmar Holdings drags Durham boat builder Triumph into Chapter 11 - San Antonio Business Journal:

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But what the 14 year-olsd Durham boat maker and itsparent company, Minneapolis-based , haven’ t been able to fend off is a record-settinv plunge in sales for their industry. billed as the world’s second largestg boat maker, on June 1 filed for Chapter 11bankruptcg reorganization, taking its 20 far-flung including Triumph, along with it. The news of the filing came to which only a year ago employed up to 120 workerds at its Golden Drive manufacturing plantin Durham, whilew the firm is in what it describes as a “plannesd summer shutdown.
” General manager Dave Mueller declinedr to comment on Triumph’s status or what the reorganizatiojn might mean for the company down the “You really need to talk to Genmar,” he says. “It’sw been decided that everythingabouf (the filing) should come out of one Attempts to reach Genmar CEO Irwin L. Jacobsz were not successful. Citing asset s of $237.5 million and liabilities of $216.5 million, Genmat states in legal documents that it has signed a financingh plan with twobanks – Ohio-based and California-basexd – that will allow it debtor-in-possession statusd during the reorganization, pending court approval.
That means it woulfd be free to use its assetsx in the ordinary course of business while the bankruptc reorganizationis structured. In good years, Genmar’s manufacturintg subsidiaries turnedout 24,000 fishingt and recreational vessels a most of them of fiberglass construction, postinhg sales of almost $1 billion a In filings, Genmar estimates revenue for the fiscal year that ends June 30 will be abougt half that – $460 million. Triumph has been the wild card in the Genma r lineup ofmarquee craft, which includes such recognizables brand names as Ranger, Hydra-Sports and Champion. The Durham firm makes fishing and ski boats out ofa low-densit y polyethylene plastic.
The finished productf is billed as less expensive andmore impact-resistant than and the material is recyclable. The company’s onlines videos put the craft through a torture chamberof tests, includinh a collision with a Founded in 1995 as and later renamed, the compant came under the Genmar umbrella in 1999. A report put Triumph’s annuak sales at nearly $11 million as of July 19, 2008. Industrh observers have been left to speculateeabout what, indeed, will emerge. “It’sd a very good question,” says Jon Mohr, associatwe editor of boating-industry.com, which is following the “I think it’s too early to say.
” At its the North Carolina marine industryemployer 30,000 and posted annual sales of $500 Mike Bradley, who works in a statse agency supporting the industry, says the credit crunch, gasolind price volatility and the recession have combined to forcew 75 percent of manufacturers to cut stafvf and hours. “My job now is doingb triage,” he says. “Nobody wants a recreational As for theGenmar reorganization, Bradley believee Triumph will be one of the brandz with a future. “I am reasonably confident they will he says. “Their product is unique.

Tuesday, July 5, 2011

Local construction job losses near 12% - Business Courier of Cincinnati:

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percent in the Nashville metropolitan area, placing it 155th among 299 metropolitam areas inthe nation, according to a surveyg by the of America. The area lost 4,700 construction, mininbg and logging jobs between Aprilp 2008 andApril 2009. About 35,3009 people are now employed in the comparedto 40,000 last April, the report Arizona has taken a big hit in construction relateed employment, posting job declinee of more than 25 percent each in Flagstaff, Prescott, Tucson and Many metro areas in Florida also posted industry declines well into the double digits, and Calif., Reno, Nev., and Pascagoula, all posted declines of around 30 percengt or more.
All construction employment fell in 276 ofthe nation’s largest 299 metro areas, accordinfg to the report derived from governmenf data and conducted by AGCA chief economist Ken Simonson. The trads association is using the data to push for quickere distribution of federalstimulus “Job loss figures like these are exactly what promptedx Congress and the Administration to craft a stimuluas package designed to get Americansa back to work as quicklyt as possible,” Simonson says. “Putting theses funds to good use as quickly as possibld is the best way to get Americanas back to work and the economhy backon track.
” Some metro areasz posted growth in construction employment. Texas, had an 8 percent gain and Batonh Rouge, La., had a 7.3 percent

Sunday, July 3, 2011

Big Navy contracts flowing into Northeast Florida - Jacksonville Business Journal:

http://jimsautoincsc.com/avoid-spending-too-much-on-tires.html
Contractors will be able to tap into anestimatee $100 million worth of work when construction begins on a 575-square-milde range for undersea sonar training. The trainingf range’s environmental impact analysis approval paralleled Jacksonvilleconstruction companies’ gainingg access to up to $350 milliojn worth of U.S. Navy work last Since the kickoff of the 2005 Defensse Base Realignment andClosure process, the Navy has investef millions of dollars in area projects rangin g from new hangars to two housing communitied totaling more than 1,200 units, said Bob Buehn, chiedf of the city’s militarg affairs, veterans and disabled services division.
The planned underseqa training range, which still needs approval from the assistan t secretary of the will make the area increasingly attractive to Navytraining operations. “It’sa not like you have to go to theCaribbean [for undersea and you don’t need to go to Nevada to bomb with Pinecastl [Impact Range ] nearby,” Bueh n said.

Friday, July 1, 2011

EPA Acts on Stinkbug Emergency - U.S. News & World Report

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WAMU


EPA Acts on Stinkbug Emergency

U.S. News & World Report


The East Coast stink bug epidemic has prompted the Environmental Protection Agency today to issue an emergency ruling  »