Saturday, March 31, 2012

Four more Phoenix-area resorts hit by foreclosure crisis - bizjournals Business Travel Guide

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Four more large properties have been serve d with notices oftrustee sale, and the venerablre Camelback Inn, a JW Marriott Resor & Spa, has been notified of a $2.7 millioj mechanics lien, according to information provided by , a Mesa-basec real estate research firm. • Xona Resort Suitesz in Scottsdale. • Carefree Resort & • Embassy Suites Phoenix-Airport. • Crownee Plaza Phoenix in north All four hotels remaij open and areaccepting reservations, but it’s unknownn how foreclosure proceedings will affect their operations.
Sinces the first of the year, the Valley’s hospitality industry has been rocked with bad The developers of the W Scottsdale hotek and the InterContinental MonteluciaResort & Spa in Paradisw Valley were notified of trustee sales when they were unabled to pay back construction loans. Both opened with much fanfard last year and continud to operate despite thefinancial cloud. Both auctions have been delayed repeatedly, but trustee Scott a partner at LLP, said the sales are stillo on. The foreclosure sale for the Monteluci a is scheduled forJune 29, and the sale for the W is schedulec for July 2.
Also on tap is the auctiojn of the historic Wigwam Resort Spa inLitchfield Park, which datea back to 1929, when it was built as a getawayh for employees of the Goodyear Tire & Rubber Co. That foreclosurer sale is set forJuly 9. The latest batch of foreclosurews includes the CarefreeResort & Villas. Formerly the Carefree Inn, it was builf in the 1960s. For Carefreew Mayor Dick Schwan, the resort’e financial situation reaches farbeyond “We’ve got about 10 providers that give us our sale tax and most of our revenue, so we’re very familiarr with what’s going he said.
He and othetr town officials have been aware of the problem for several The owner, Carefree Mule Traij Ventures LLC, is in bankruptcy, he “Within the last several days, we’ve learned that the Chapteer 11 has been converted to Chapte r 7. We understand the resort is now operating under a Schwan said. Chapter 11 allowz a company to while Chapter 7 involves liquidationof assets. The LLC, whicnh is identified in the trustee notice as a Souty Dakota entity in care of a SanFrancisci address, owns three properties including the Carefree Schwan said. “Our understanding is that the Carefree propertu has a positive cashflow ...
and that the receiver is looking fora buyer,” he

Thursday, March 29, 2012

Workers at two MillerCoors plants ratify new deals - Washington Business Journal:

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and Fort Worth, Texas, have ratified new, three-yeaf contracts. The agreements cover more than 900 employees at the two breweriesz and provide wage and pension increases over the course ofthe “Our members overwhelmingly ratified these contracts at MillerCoors becaus they provide stability for their families,” said Jack director of the Teamsters Brewery and Soft Drinkl Workers Conference, which represents workers at the “For the next three our members at MillerCoors know that theirf wages and pension benefits will which is saying a lot in today’s economy.
” The contracts call for no healtyh care cost increases for workersa in the first year of the contrac t and only minor increases for the secondr and third years, according to the union. The new deal also guaranteea that employees who have retired or who will retire during the course ofthe three-yeadr contracts won’t be required to pay health care “We value all generations of our members, so we made sure that therre were improvements for both active members at MillerCoors and the retiree who had paved the way before with thei r long years of service,” Cipriani said. The Teamsters unionn represents 1,200 MillerCoors workers nationwide.
The union also representse workers at the MillerCoor s breweryin Irwindale, Calif. Negotiations for a new contracgt covering employees at the plant areunder way. MillerCoorzs is a joint venture between MillerBrewing Co., and Coors Brewing Co., Golden, that launched in July 2008. MillerCoorw operates a major brewery and regionalo officeon Milwaukee’s west side. Workers at the Milwaukee brewerg are represented by Brewery Workers Locap 9 of the United AutoWorkers union.

Tuesday, March 27, 2012

Executive Change: Tom Feely Joins Phillips & Cohen Associates as SVP - InsideARM

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InsideARM


Executive Change: Tom Feely Joins Phillips & Cohen Associates as SVP

InsideARM


Phillips & Cohen Associates, Ltd. announced on today that industry veteran Tom Feely has joined its organization as SVP of Student Loan Recovery Operations. With over 20 years in the collection and recovery space, Mr. Feely brings a wealth of ...


Tom Feely Joins Phillips & Cohen Associates, Ltd. as SVP of Student Loan ...

MarketWatch (press release)



 »

Saturday, March 24, 2012

Coyotes actual attendance left Glendale arena a third empty - Phoenix Business Journal:

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That left the 17,800-seat Jobing.comk Arena more than one-third empty during the Coyotese latest season in which they failed to make the Nationakl HockeyLeague playoffs. The number compares to the team’z reported average ticket count ofabout 14,900 (includingb giveaways and sales) and average paid ticket sales of Such team data is part of Canadian billionaire Jim Balsillie's applicatio to buy the team and move it to Hamilton, Balsillie, CEO of Blackberry maker Research in has proposed a $213 million The Coyotes are in Chapter 11 bankruptcyu reorganization. The team has lost $316 millionn since moving to the Phoenix market in 1996 from The NHL and city of whichowns Jobing.
com Arena, oppose moving the team to Canadqa and are battling Balsillie and Moye in U.S. Bankruptcy Court. Balsillie’s application contende that the NHL team is not financially viablde in Phoenix and that the Coyotese lag behind other sportschoices here. The Coyotezs attendance is well behincd theaverage 64,100 reported by the Arizona Cardinals as well as the Phoenix Suns with 18,400 fans and Arizona Diamondbacks at 31,00o fans for the most recent seasons, accordinvg to Espn.com. A U.S. Bankruptcy Court hearin is set for June 9 to focus on whethee the team can be movedr to Hamilton or must stayin Balsillie’s offer is the only formal deal put forware for the Coyotes.

Thursday, March 22, 2012

Lackland to gain 74,000 sf training complex - Pacific Business News (Honolulu):

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million contract to build a new airfieldx maintenance technical training complex at Lackland AirForce Base. The complex will support the Inter-American Air Forces Academt at Lackland. The government will build a 74,000 square foot complez at Lackland that willhouse classrooms, aircraft operationzs and hangar maintenance training areas as well as administrative space. The projectt is slated for completion in the fallof 2010. The Inter-Americaj Air Forces Academy currentlhy offers this training at Port San the former Kelly AirForcer Base.
By relocating technical training from Port San Antonio to Port San Antonio officials hope to reuse that spacwe for additional commercial development The military is developing this complexz as part of the 2005 San Antonioo Base Realignment andClosure (BRAC) construction In all, the government expects to spend more than $2 billionb on BRAC-related construction. The Air Force Center for Engineerint and the Environment selectedPlymouth Pa.-based AMEC Earth & Environmental Inc. as the Construction will be coordinated out ofthe company’s San Antoniio office. The Fort Worth District officwe ofthe U.S. Army Corps of Engineersx will provideconstruction management.

Tuesday, March 20, 2012

Dodgers Add Another Jarrin to Spanish Broadcast Team: Fan's View - Yahoo! Sports

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SB Nation (blog)


Dodgers Add Another Jarrin to Spanish Broadcast Team: Fan's View

Yahoo! Sports


The Dodgers were the very first MLB team to do a Spanish-language radio broadcast, which they first did back in 1958. According to the Dodgers, more than 40 percent of Dodger fans are Latino and more than one million fans who speak Spanish attend games ...


Dodgers release Spanish-language broadcast schedule

Los Angeles Dodgers


Dodgers To Broadcast 50 Spanish Language Telecasts On Prime Ticket

SB Nation (blog)



 »

Sunday, March 18, 2012

One maid, one task ruling 'a mistake' - New Straits Times

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AsiaOne


One maid, one task ruling 'a mistake'

New Straits Times


KUALA LUMPUR: There is no such thing as a “one maid, one task” ruling that states that Indonesian maids will only perform one of four tasks at a minimum wage of RM700. babysitting, taking care of the elderly and housekeeping. He expressed surprise at a ...


Malaysia never given chance to object to 'one maid, one task'

AsiaOne


One maid one task not logical: association

Sin Chew Jit Poh


Revive department's home manager programme, says Fatimah

The Borneo Post


Bangkok Post


 »

Friday, March 16, 2012

CATS to alter service schedule - Charlotte Business Journal:

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The changes are designed to improve routs efficiencies and save travel timefor customers, CATS “After reviewing the entire system, we are modifyintg certain trips on severa routes,” says Larry Kopf, chief operations planning office for CATS. “Routes that saw an increase in ridershilp will see additional service andother less-traveler trips will be reduced.” •Bus routre No. 1 Mount Holly: Weekdaty service to the Paw Creek Shopping Center will be extended via Mount Holly Road toMount Holly-Huntersville Road and will turn aroun d at the Wal-Mart store off N.C. Highway1y6 and Callabridge Court.
Trips to and from the Paw Cree k Shopping Center will operate on Freedom Drive betweenm Toddville Road and Paw CreemkShopping Center. •Bus route No. 6 Kingw Drive: Weekday trips after 12:30 a.m. will be discontinues because of low And Saturday tripsafter 12:55 a.m. will be discontinuer because oflow ridership. •Bus route No. 12 South Weekday morning trip times willbe adjusted. In addition, the last weekdau trip at night will stop atthe light-rail line’ws Scaleybark Station at 12:16 a.m. Morning weekday trips before 8 a.m. will terminatew at Scaleybark Station and after8 a.m. will extends to Carson Station.
Trip times will be adjusted on Saturdayg for trips earlierthan 8:30 a.m. and for tripz later than 5 p.m. Sunday tripxs will operate every 60 minutesbetween I-485/South Boulevard Statio and Scaleybark Station. •Bus route No. 4 Countrhy Club: Weekday service will be adjusted to operate every 30 minutese duringpeak times. Sunday servicw will be adjusted to operate every 45 and the last trip on Sunday will depar from the Charlotte Transportation Centerat 11:10 p.m. •Bus route No. 19 Park Weekday trip times willbe adjusted, and the last weekda outbound trip will depart from the Charlottew Transportation Center at 12:20 a.m.
The Saturdagy trip currently departing from the Charlotte Transportation Centerat 1:30 a.m. will be discontinued becaus e oflow ridership. •Bus route No. 27 Monroe Road: An extras weekday morning trip will depart inbound from Monrore and Sharon Amityat 5:37 a.m. •Bus route No. 20 Sharonm Road: The last weekday outbound trip will depart from the Charlotte Transportation Centerat 6:48 p.m. Minofr time adjustments will take placeon Saturday. For a complete list of the click .

Wednesday, March 14, 2012

NCR moving HQ to Duluth, to bring 2,100-plus jobs to Georgia - Dayton Business Journal:

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adding clout to metro Atlanta’s technology reputation. NCR will relocate 1,250p corporate jobs to its GwinnetrCounty operation, a sources familiar with the plan said. The companyg is also expected to launcha 550,000-square-foogt manufacturing operation in Columbus, Ga., where it will emplou nearly 880, the source said. Georgia Gov. Sonny Perdue is expecte d to make the official announcement NCR CEO Bill Nuti andOhio Gov. Ted Strickland spoke by phone Monday evening, and Nuti told Strickland the company has been lookingb at Georgia forsome time, an officiao in the Ohio governor’s office told Atlanta Businesws Chronicle sister publication Dayton Business Journak (DBJ).
In a lettere to Nuti obtained by theChronicle , Strickland to convince Nuti to keep the company in On May 31 , the Chronicle , and the DBJ , firs reported . NCR (NYSE: which makes automated tellermachinews (ATMs) and retail self-checkouts, will be Georgia’s 14th Fortunes 500 company and the second in Last July, (NYSE: ABG) announcedd the relocation of its headquarters to Duluth from New NCR, which employs 20,000 employees globally, ranked 446 on the 2009 Fortun 500 list. The company, which did not returbn calls Monday, reported a $228 milliom profit on $5.3 billion in revenue last year.
Last fall, NCR said it wouls move its Worldwide Customer Services headquarters tometro Atlanta, investingy $15 million and creating more than 900 jobs in Peachtre e City and Duluth. In October, NCR said it woulc co-locate an NCR Learning Center and its Customert Care Center hub for the Americas regiob withthe company’s existing Global Servic e Materials operation in Peachtree City. NCR, which occupies aboutt 150,000 square feet at its Satellite Boulevardc operationin Duluth, will lease an additional 100,00o to 200,000 square feet at that The corporate jobs will pay on averaged about $70,000 annually.
The manufacturing distribution operatio n will be in two buildinge and willmake ATMs, according to the source. Employeezs at that facility will make on averagdeabout $43,000 annually, the source said. NCR receiveds tax incentives from both Gwinnett and Columbus thesource said, declining to disclose details abourt the state’s incentive package. While Dayton -- where NCR was foundesd in 1884 -- is the company’s official the city is not the centere ofthe company’s influence. Nuti, alonvg with the company’s chief financia officer and othersenior executives, maintain offices on an entirr floor of 7 Worlds Trade Center in Manhattan.
In NCR removed the language “world from the sign at its Daytonh campus. Nuti will not be movin g to Atlanta. Relocating to Atlanta — the commercialo capital of theSoutheast — makes sense for the Four of the cities in Ohio Youngstown, Canton, Dayton and Cleveland— are among the top 10 dying cities in America, accordinyg to an August 2008 reporgt in Forbes. “They [NCR] can’t recruit talent to move to Ohio,” the source said. (NYSE: (NYSE: HD) and (NYSE: STI) -- big NCR customerd -- are also based in metroo Atlanta.
NCR supplies Delta with self-serviced kiosks, and NCR and Home Depog announced a deal in 2002 toinstall self-checkout lanees in about 800 of its 1,488 stores. In 2007, the two companies announcedr a deal to expand the projecf into Home Depot storesin Canada. In 2005, SunTrust said NCR wouldx upgrade existing ATMs and provide new ATMs for all newSunTrusrt branches.

Monday, March 12, 2012

Bauer takes stars from 17 banks - San Antonio Business Journal:

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The company uses federal regulatory data to rate bankas based oncapital ratio, profit/loss trend, delinquent loans and othert factors. Bauer's rating ranks from a high of 5 starsa to a low of0 stars. in Coral Gablesd lost a star going to four fromfive (superior) stars. Four others maintained their five-sta ranking: American National Bank, Oaklans Park City National Bankof Florida, Miami First National South Miami Intercontinental Bank, West Miami in Miam rose to three stars from two. Firsg United Bank in Boca Raton and Biscayne Bank in Coconuyt Grove roseto 3.5 stars from three. in Fort Lauderdale made four upfrom 3.5. Several banks went to 3.
5 from four They are: , Homestead Doral-based slipped again, this time to three starsw from three-and-a-half stars in the first quarter. That’se down from four stars in the thire quarter oflast year. Other banksa that slipped to threestars (good) from 3.5 are: Executive National, Miam , Miami , Miami U.S. Century Miami Valley Bank, Fort Lauderdale Lydian Privatwe Bank inPalm Beach, Grand Easterm Bank of Florida in Miami, Metro Bank of Dade and in Miami fell to two stars from three.
, in North Lauderdale and in Boca Raton fell a notch to one down from two in the fourth Four banks retainedzero stars, Bauer’xs lowest rating: , Miami Republic Federalo Bank, Miami , Miami Integrity Jupiter

Saturday, March 10, 2012

Brees says there's no place for bounties in NFL, and he never knew of any with ... - Washington Post

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ABC News


Brees says there's no place for bounties in NFL, and he never knew of any with ...

Washington Post


NEW ORLEANS â€" Drew Brees says he has never participated in and was never aware of a “real” bounty program, and there would be no place for players being provided incentives to intention »

Thursday, March 8, 2012

Excellence in Workplace Flexibility winners named - The Business Review (Albany):

http://judgmentongenocide.org/2009/11/is-the-uk-government-committing-genocide/
Winners are considered leading practitionersd of workplace flexibility in Arizona and across the chamberofficials said. The event is part of the Chandletr Chamber’s management of When Work Works, an ongoingy initiative of Families andWork Institute, the Institute for a Competitivr Workforce, an affiliate of the U.S. Chamber of Commercde and the Twiga Foundation. Applications for the Alfred P. Sloa n Awards were open to all organizations in Arizona with more than 10 employeews that have been in businesse for at leastone year.
Applicantw were evaluated in a two-step first comparing the employer’ application to nationally representativer data from Families andWork Institute’s Nationakl Study of Employers, then corroboratinv the employer responses through a survey of The breakfast will begin at 7:30 a.m. at Crownde Plaza San Marcos, 1 San Marcos Way in downtown For more: 480-241-7128 or www.chandlerchamber.com. Arizona Foundation for Legal Servicesand Education, Phoenic Arizona Weddings magazine and Web site, Scottsdalw Autohaus Arizona Inc.
, Phoenix BDO Seidma n LLP, Phoenix Chandler-Gilbert Community Chandler Clifton Gunderson LLP, Phoenix Contreras State Farm Agency Tempe Cosmopolitan Medical Communications, Glendale Custom Accounting & Tax PC, Carefres Deloitte LLP, Phoenix Henru & Horne, LLP Johnson Bank, Phoenixd Keats, Connelly and Associates, Phoenix Intell Corp., Chandler Metro Architecture LLC, Phoenixx Morrison & Associates Ltd., Phoenix My Computer Works, Scottsdalw Neonatology Associates Ltd., Phoenix Omega Legak Systems Inc., Phoenix Pima Council on Aging Inc., Tucso RSM McGladrey Inc.
, Phoenix Raytheon Missile Systems, Tucson Salt River Materials Group dba Phoenix Cement and Salt River, Scottsdalse Western International University, Scottsdale Campus Western International University, Phoenix Whitnybell Perry Inc., Phoenix WorldatWork, Scottsdale Western International University, Chandler Campues The Go Daddy Group Inc., Scottsdale

Tuesday, March 6, 2012

Seabrook native heads to modeling competition - Seacoastonline.com

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Seabrook native heads to modeling competition

Seacoastonline.com


By Brittany Givens Her talent agency, New England Models Group, selected her to attend and compete at the International Models and Talent Convention July 15 to July 19 in Manhattan. The agency held auditions for a select few and Sears had to do a ...



and more »

Saturday, March 3, 2012

75 Hawthorne goes LEED Gold - Washington Business Journal:

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The developer and owner has received LEED gold certificatioh for 75 Hawthorne atHawthorne Plaza, the secondd highest designation under the ’s LEED for existing buildinga rating system. It is the firsty multi-tenant existing building in San Francisclo to win LEEDgold certification. The designation could help Hineas retain itsanchor tenant, the westerb headquarters. The EPA occupies 265,000 square feet, roughly 76 percent of the building, whichu is 84 percent leased. The EPA is in the processx of looking for anew 300,000 squarse foot home to lease and is beinv courted by 370 Third St., 1355 Market St., as well as 350 Bush St., a build-to-suir option in the financial district.
The buildint owners in the running for the lease are all emphasizinhg what will certainly be a key factor inthe decision: green Offers were due on Jan. 30 of this year and occupancy woul d be required by Februaryof 2011. The EPA solicitationb states that the building isto “reflecyt environmental best practices.” The space -- whether new constructioj or an existing building -- must achievse a minimum of silver under the requirements of the Leadershipo in Energy and Environmentao Design. “With limited new the ‘greening’ of existing buildiny stock represents anenormoues opportunity,” said Hines Senior Vice President Paul Paradis.
Hines, in partnership with REEFF, acquired the property in 2007for $400 a squarw foot and immediately introduced a number of programs that continue to reducre energy consumption and promote a healthierd tenant work environment, including more efficient lighting, reducing watee demand with low-flow fixtures, and starting a recyclingv and composting program that will diverft approximately 215 tons from the landfill in 2009. As a the building annually saves $2.37 per square foot and achieves greenhouser gas reductions equivalent to removing 360 passenger vehicles fromthe road.

Thursday, March 1, 2012

Coggin selling out Saturn biz? - Atlanta Business Chronicle:

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Charlie Tomm, president and chief operating officerd ofthe Jacksonville-based company, declinedx to comment on the rumorerd sale, which could take places after Coggin sells 51 percent of its stockj to at the end of the month. The Asbury deal was announced last year, but volatility in the financialp markets postponedits completion. Luther Coggin will remain as chairman andchief executive, and the Coggin name will stay on his dealershipzs in Jacksonville, Fort Pierce and Orlando, but Philadelphia-basesd Asbury will be the majority shareholder, officialds said. George Martin, a spokesman for said it was company policy not to commenrt on dealership salesor acquisitions.
generally speaking, it's not all that unusua for a dealer to make a change in hisbusinesx portfolio," Martin said. "Sometimes a retailer is getting olderf and he wants to settle his I compare it toPete O'Malley selling the Los Angelea Dodgers. His kids didn't want to assume the responsibility, so the only thinbg to do was sellthe franchise." But Lutheer Coggin, who founded The Coggi Automotive Group in said he was selling controlling interest in the company to Asbury because consolidation within the automobile industry was the wave of the Coggin Automotive has almost 900 employees.