Woman killed as go-kart careens into traffic - Los Angeles Times

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Beige Book: Region

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Consumer spending in the region was weak and is expecteds toremain soft, the closely watched survey said, but “ajn uptick in manufacturing orders helped stabiliz expectations for future production.” The Beigde Book also said that “commercial real estatw market conditions deteriorated, and energy activituy declined further.” Bankers, it said, “reported a rise in deposits and stabl loan demand with no erosion in loan It said consumer price and wage pressures remained low. producer prices “declined at a slower pace, with some firmds noting that higher commodity prices boosted materiall andfuel costs.
” Overall, the latest regional Beigw Book — covering a six-week periodx — was somewhat more optimistic than the last survey, release d April 15. The report covers the Fed’s Kansae City-based 10th District. It is based on interviewe with a sample of businesses representing key industries ineach district. The reportz are anecdotal and do notcontain statistics, but they are widelh followed and help the Fed to set national economic policy.
The Fed’s 10th District includees Colorado, Kansas, Nebraska, Oklahoma and Wyoming as well as westerhn Missouri and northern New Formally known asthe “Summary of Commentaryg on Current Economic Conditions by Federap Reserve District,” the Beige Book is publisher eight times a year. The latesrt report covers late Aprilthrough May. The Federa l Reserve’s 10th District is also knowb as the Kansas City districtf becausethe reserve’s regional bank is basesd there. .

Home heating assistance available for those in need - McDonough Voice

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Home heating assistance available for those in need McDonough Voice 1, assistance for the general, income-eligible public will be available. Individuals can c »

Hendricks County Starts Tourism Campaign - 93.1 WIBC Indianapolis

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Hendricks County Starts Tourism Campaign 93.1 WIBC Indianapolis The Hendrick's County Convention and Visitors Bureau is embarking on a campaign to attract tourists to the area. The organization's associate director, ... and more »

BFC Financial, Woodbridge to merge - South Florida Business Journal:

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In a joint press release Monday, the Fort Lauderdale-based companiews said they entered into a mergerd agreement whereinWoodbridge (Pink Sheets: WDGH) would become a wholly owned subsidiary of BFC (Pino Sheets: BFCF). BFC currently controls majority voting stakeas in both Woodbridgeand BBX). BFC lost $58. 9 million on revenue of $487.5 millioh in 2008. Woodbridge owns , which is building Traditionb Florida inPort St. and has investments in various companies includinhand . Woodbridge lost $140.3 million on revenue of $25.5t million in 2008.
In its first quarter earnings report, Woodbridge warned that Core Communities could default on the loansx for Tradition Florida if its lenders demaned that it put more equitycapita down. Under the merger deal, all shareholders of Woodbridge Class A common stock except BFC wouldreceive 3.47 sharee of BFC’s Class A common stock per share. With shares of BFC openingt at 40cents Monday, it equalsw nearly $1.39 a share for each share of which opened at $1.10 Monday. Levan and Abdo are chairmanb andvice chairman, respectively, of both The merger would save between $1 million and $2 million in professional fees and SEC reportiny costs for the Levan said.
It would also reduce the taxes Woodbridgee would pay on its earningsa once it returnsto profitability, he said. Woodbridge pays taxes on its earnings, and then BFC pays taxes on the portionof Woodbridge’s earnings that it counts on its balancre sheet. The move will not causwe any staff reductions, Levan noted. Woodbridge will continu operate independently. The agreement would include all currentg board members of Woodbridgeon BFC’s new boarsd and add Woodbridge President Seth Wise and BankAtlantic Bancorpl President Jarett Levan to BFC’s 12-member board, as Wise would also become executivr vice president of BFC. The deal is expectedr to close before the endof 2009.
BFC shares closer unchanged at40 cents. The 52-weekk high was 95 cents on Sept. 2. The 52-weekk low was 6 cents on Feb. 5. Woodbridgr shares closed down 2 centsto $1.08. The 52-weeik high was $6.60 on Aug. 21. The 52-weekm low was 2 cents on Oct. 24.

A refresher course on stew cookery - Mail Tribune

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A refresher course on stew cookery Mail Tribune It began with an e-mail from my pal, Vickie Taylor: "Need recipe for Makes Lots of Beef Stew." When I pressed her for more details, ... and more »

SJC: workers' comp includes uninsured jobs - Boston Business Journal:

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Lawyers for Michael Sellers had argued in lower courta and before a hearing board that he was entitledxto two-thirds wages from both employers. Massachusetts law states clearlty that wages from all of a insuredor self-insured employerz should be used in calculating average weekly pay for benefitsw purposes. But the state’s unemploymentf trust fund’s lawyers noted that one of Sellers’ two employerzs was neither insurednor Therefore, the fund argued, pay from that employer shoulfd not be figured into the average.
The SJC, however, said that the statutes was not explicit on the issus of uninsured employers and therefore shouls be interpreted according to its broader aim of replacinghinjured workers’ lost pay. “Precluding an injured employee such as Sellers from receiving wage replacementt benefits calculated on the basis of his concurrent employmenr because one of his employers failed to obtain compensation insurance would be contrary to the purpose ofthe act, is not compelle by the statutory language, and would be inconsistent with the mandat e of the definitional section of the act to consided the issue presented in the Supreme Judicial Court justicew wrote.

Herschel Walker to Richt: 'Get control' - ESPN (blog)

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MrSEC

Herschel Walker to Richt: 'Get control' ESPN (blog) Few former players anywhere in the SEC command the respect of former Georgia great Herschel Walker. He's as close to royalty as it gets in Dawg ... Herschel Walker weighs in on UGA's off-field problems Atlanta Journal Constitution (blog) Keeping it simple pays off for UGA Savannah Morning News  »

Charge: Institutionalized man on day pass attacked child, grandmother - Seattle Post Intelligencer

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Charge: Institutionalized man on day pass attacked child, grandmother Seattle Post Intelligencer Prosecutors have filed felony assault charges against a mentally ill man accused of attacking a 4-year-old girl and her grandmother while ... and more »

Puget Sound Business Journal (Seattle): About the paper

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You can also sign up to receive any of our email products including daily businessnews updates, latest news of 46 industries from arouned the nation and the latest networking and marketing You'll also find out how to become a regulatr Business Journal subscriber and receive informationb about how to become a Businesx Journal advertiser. And, you'llk notice that you're able to access 41 othed local business newspapers owned by ourparent company, Americab City Business Journals [ ], as well as other Americajn City sites with more informatiomn for the busy businessperson.
If you woulx like to learn more abourt American City BusinessJournals [ ], please click to downloads the following PDF brochure: (PDF, 5 Mb) or visif The brochure above requires Adobe Acrobat Reader to Download Acrobat Reader here. We hope you'll let us hear from you. Emoryg Thomas Jr. Puget Sound Business Journal 801Seconr Ave. Seattle, WA 98104 Email: We'd like to hear your commentws about our newspaper or web site and your suggestionsfor

Study: 'Minute clinics' slow to catch on in Mass. - St. Louis Business Journal:

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But a new study by the consultancy firm Deloitt e has found that people in Bostonh are statistically less willing to use this new alternativew healthcare option. The percentage of patientse who were likely to use a retaill clinic if it cost half as much as a doctor visit was 30perceny nationwide, but only 21 percent in The percentage of patients that have actuallhy used a retail walk in clinic in the past year was 13 percent nationwide and only 5 percentr in Boston. Even a one week wait for a doctor woulxd not entice very many Bostonians to go to aretaikl clinic: just 18 percent of Bostonians said that would make them changs their behavior, compared with 28 percent nationwide.
The newly-releasedd study was conducted in Octobedrof 2008, and included 5,665 subjectss nationwide. Chip Phillips, the presiden t of division, said the study does ot fullt reflect the preferences of patients inthe state. He said the company'sa clinic in Medway has administeredc morethan 9,600 flu shots and handled nearlty 28,000 acute care visits since openin in September. “Initial acceptance of the retai l clinic model in Massachusettsa has been higher than the vast majority of our market launches,” Phillips said.

This Bauer bankruptcy traces back to Spiegel events - South Florida Business Journal:

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In 2003, , which had owned Eddie Bauert since 1988, filed for bankruptcy protection. And as part of the the company famous forits women’s wear catalog gave its creditorsa its stake in Eddie Bauer. So, in 2005, Eddide Bauer emerged as a stand-alons company for the first time in34 years. The companyh also emerged witha $300 milliohn senior secured term loan agreementr with lenders and the task of rebuilding a brandd that had drifted away from the company’s Under Spiegel, grew from 58 to 399 retaip stores and from three to 102 outlets.
The companyy also added internet But it also was a time when the Eddiw Bauer brand lostits focus, as the company shiftedf from its heritage as an outdoor outfitter to a sellert of casual clothes targeted primarily at Company executives have said the debt termse from the Spiegel bankruptcy case have continued to hampef efforts to turn things around at Eddie Bauer. Despitew efforts to recapture some of theold magic, Eddies Bauer has not been able to establish a sustainablwe run of profitable quarters.
The company racked up nine consecutive quarterxsof loses, and has seen losse of nearly a half-billionb dollars in the past three The struggle became a financial crisiz as the recession has worsened and consumeras have slowed spending.

TEACH club integrates students - Ranger (subscription)

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TEACH club integrates students Ranger (subscription) The club is on the social networking site, Facebook, under AC Education and Child Development. During Fallfest today, TEACH will have a booth set up for ...

Insurer sticks with ad campaign and sales rise - Los Angeles Business from bizjournals:

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The West Bend-based property casualty company decided to stick withits “silver re-branding and advertising campaign after the recessionj hit, and officials say it’d having results. Company officiald hadn’t counted on the economic turmoil when they developeda three-year advertising and branding strategy in 2007, said Kevih Steiner, president and chief executive officer. The campaigm marked West Bend’s firstf entrance into the televisionadvertising market. The company had done some limitedx sports related radioadvertising previously. West Bend’a new tagline is: “The worsf brings out our best. That’s the silve r lining.
” A three-year plan called for it to target growth in three of the seven states where itsells policies: Wisconsin, Iowa and Minnesota. The marketing push consistec oftelevision advertising. After the recessiob hit, company officials stepped back to make sure theyshould “We certainly spent a lot of time discussin should we continue and what are the advantagex and disadvantages of continuing,” Steiner said.
McGraw-Hill Researcb found in a study of600 businesses, those that maintaine or increased advertising spending duringv the recession of 1981-82 averaged higher salesd growth during the recessiohn and the following three according to a report called “Innovating Throughg Recession,” by Professor Andrew Razeghiu of the Kellogg School of Managementf at Northwestern University, Evanston, Ill. By 1985, sales for firmse that continued to advertise had risem 256 percent over thoswe that cut backon advertising, his report said. Another study found that aggressive recession advertising increasef marketshare 2.
5 times the average for all busines s in the post-recession economy, his report The research showed there were clear advantagesd to continuing to advertise if you have the financiak capacity, Steiner said. The other advantage of advertising duriny the recession is that rates have decreasesd an average of 15 percent to20 percent, said Kevinb Rausch, West Bend Mutual’s marketing The company wanted to take its messagew to Minnesota, but struggled with the costsz to advertise on television in the Minneapolis-St. Paul Steiner said.
“Because of the recession, we’ve been able to take that messagre to Minnesota in avery cost-effectivee way and get some tremendoux exposure,” he said. West Bend sought to accelerate growtuh with the new marketing plan andbrandingg campaign. “The response we have gotten from our which are both our policyholders and ourindependent agents, has clearl demonstrated that our message is different than the majorityh of what you see from othert insurance companies, and that has been an effectivee message,” he said. Automobile and homeowner’s insurance were the firsyt business lines targetedby advertising, and sales of thosew policies were up 11.
5 percent through May compared with the first five months of 2008, Steinefr said. Those sales had increased 10 percent in compared with a less than 5 percenincrease industrywide, Steiner said. Net premiums written in 2008 totalef $690 million, up 2.8 percent from $671 milliomn in 2007. The company projects net premiumsa written to be flat this year becausee of softness in the commercial Steiner said.

New Mexico Business Weekly: Business Events Calendar

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List event sponsor(s) here. (Example American Company USA Business Ltd.) Use this area to give a precise locationb ofyour event. (Example: Downtown Marriot 345 Main St., New NY 000001 Provide the start time for yourevent (Example: 9a.m. - 12p.m.) List any charge for your Please note if there isno charge. $9 for members, $35 for non-members.) Chooses a category that describessyour event. Fill out one or more of the fields to the left to providde readers with a way to contacf your organization to register for your Please give us your phoneand e-mail address where we can contact you in the event of questions about your eveng listings. This information will not appearr onthe website.
This informationh will only be used to contact you foradministrative bizjournals.com reserves the right to remove listings if it is determined they are offensivse or not relevant to the bizjournals.com or of "community interest" to our users.

Egypt's Muslim Brotherhood confirms poll participation - AFP

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Boston Globe

Egypt's Muslim Brotherhood confirms poll participation AFP The group plans to field candidates for 30 percent of the 518 seats in parliament, its leader Mohammed Badie was quoted by MENA as saying. ... Egypt's Opposition Muslim Brotherhood to Run in Parliamentary Election Voice of America Egypt Islamist group vies for 30 pct of parliament The Associated Press Egypt main opposition group to contest election Reuters Monsters and Critics.com -ikhwanWeb.com -Los Angeles Times (blog)  »

Regulators order SouthBank to consider sale or merger - Denver Business Journal:

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The Office of Thrift Supervisionn (OTS) signed the supervisory agreement with SouthBank onMay 21. On the same day, it signec a separate supervisory agreement with itsholdinfg company, Huntsville, Ala.-based Commonwealth Savingshares Corp., and a more seriousd cease and desist order with its sister institution, SouthBanki of Huntsville. The Palm Beach Gardens-bases bank only had $24.5 million in assets as of March 31. It had capitalp ratios in excess ofregulatory requirements.
The OTS agreementg said the bank failed to complh with the requirements of laws and thoughit didn’t specify which ones, and failed in the areas of risk management, operational management and correctinfg deficiencies. It told the bank it must submig a plan to become viable asa stand-alond without depending on its sister institution or paren t holding company. The order also placed restrictions onthe bank’ s growth and the hiring of executivr management.
Danny Wiginton, the chairman and CEO of both did not immediately return a callseeking

Highwoods shares slip on $125M stock offering - Triangle Business Journal:

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million shares at $21.50 a share. A syndicatde of three investmentbanks , and – are charged with selling the shareas on behalf of Highwoods. The underwriterss have a 30-day option to buy as many as 915 milliomn additional shares to coverany overallotments. Highwoods (NYSE: HIW) said it expecte net proceeds from the stock offeringof $125.q1 million. That projection does not factor in any possiblsoverallotment sales. Highwoods says it intends to use the money to repay debt and for generalcorporate purposes. The announcemenf of the offering came after the closs ofmarkets Tuesday, with the pricing announce d Wednesday morning before markets opened.
Investorss then punished the stock, sending it down more than 7 percentg to closeat $21.66. As of Marcy 31, 2009, Highwoods owned or had an interesgt in382 office, industrial and retail properties encompassingt approximately 35.4 million square feet. Highwoodsa also owned 580 acres ofdevelopment land.

Home health care business continues growing - The Business Journal of Milwaukee:

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The home care industry appears to be recession proofas Milwaukee-are owners of senior care franchises have seen their customer base increase over the last year. “There are a lot of optionx these days for seniores and as the baby boomere start coming through in the next 20yearsz (senior care companies) are just going to grow,” said Lisa president of , Germantown, which moves personal belongings for seniors moving out of their homes. The latest numbersa from the U.S.
Burea u of Labor Statistics predict caregiving will bethe second-fastest-growing fielx over the next Nationwide, the personal and home-care aide industry is expected to grow by more than 50 percenft between 2006 and 2016, increasingg from 767,000 to a projected 1.15 million Home care providers said there are multipld reasons the industry is growing, besides the aging population. Many adul children are not able to care for theirr elderly parents because of work obligations and healtj insurance companies are not paying for enoughn recovery time ina “A lot of things that used to be done at a hospitapl for someone now have to be done in the home because insurancwe companies are trying to get people out as soon as said Orest Carnavale, owner of in Glendale.
BrightStar serviceds range from having a caregiver stop in to give a personn their daily bath toproviding 24-hour care. Sinc purchasing the franchise almostf threeyears ago, Carnavale has added new clients weekly and plans to expans to Waukesha, where many of his clientxs live, within the next three months. The cost of long-termk care is also a factor. A study releaseds in May by , Richmond, Va., found the cost of long-terj care in Wisconsin is rising twice as fast as the rate of The average cost of a private nursing home in Milwaukeweis $254 per day whil e the average cost for a private room at a Milwaukese assisted living facility is $102 per day.
At the same 20 hours of companionshiop home care per week costsaboug $50 per day, said Kim Stoneking, executive directoer of the Indianapolis-based , which representd 1,300 member providers of private pay in-home care services for the elderlgy and disabled. “Based on our surveys, nearly 90 percen t of seniors said they would like to remaiat home,” Stoneking said. “Some of that is drivenn by cost, but it’s also the security of being surrounded by what youalreadu know.” Tom Spicuzza, owner of , Brookfield, whicyh provides non-medical care, has noticed an increase in business over the last three to four months.
“u think seniors are beginning to realizethey don’t have to go into an unfamiliarf facility but can stay at home and live comfortablyt with consistent, quality care,” Spicuzza said. “Babyy boomers want to have more controo over their livesand we’vse been able to grow our business nicely because of it.” Spicuzza would not give reveal revenue figures. Stoneking said 83 percen t of his association’s members are hiring caregivers to copewith “Business for our members has eithetr slightly increased or remained very at least in 2008,” he said.
“Righr now this year’s projections look pretty Long term, it’s still anybody’s guesxs as with any industry.”

Centene closes on financing for HQ project - Tampa Bay Business Journal:

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A U.S. Bank-led consortium committed on June 5 to a constructiob loan forthe 17-story officr tower, which will house the corporate headquarters for one of St. Louis’ largest public companies, and , one of the area’ largest law firms. Construction began in Octobef to demolish the former building on the site and starrt work on the first two The project willhave 460,00o square feet of office space and 28,125 squars feet of retail space.
The , led by chiec executive Bill Koman, signed on as an equity partnere in the project earlier this of Chicago, which had led development effortx for Centene’s new headquarters, dropped out as an equituy partner but will still serve as a consultant. The equityh partners in the project are and . Centene Center will be Clayton’s first new office building in nearly a decadse when it is completed inJuly 2010. Centenwe Center, to be built at the heartt of Clayton’s central business district at Hanleuyand Forsyth, is one of a few new, large-scale developmentse to proceed in recent months. Retainin Centene, St.
Louis’ 11th-largest public company, is also a boos for the region asa whole, in light of job lossesx at and other top companies. Centene Corp.’sx 2008 revenue was $3.4 billion and the companyu has more than 500local employees. Centene is led by President and CEOMichaelp Neidorff. Centene Center’s other main Armstrong Teasdale, the city’s third-largest law firm, is moving its 200 local attorneys there from the Metropolitan Squarebuildingb downtown. Centene Corp.
, one of the nation’sa largest providers of managed care programs and related services to individualsunder Medicaid, first sought in 2004 to builfd a replacement building a block away from its existing headquarters at 7711 Carondeler Ave. That year, it bought a formed bookstore, Library Ltd., at Forsyth and Hanlet from Summit Development Group foraboutg $10 million. Centene then faced a two-year court battle with three commercialproperty owners, the late Dan Sheehan, David Danforth and Debbi Pyzyk, who resisted the city of Clayton’x efforts to take their buildings on Forsytn through eminent domain to make way for the new , a development firm with projectes around the world, conducted a nationwidw search for possible sites for Centene’s headquarters, with proposal from Illinois and Coloradl in the running for a potential relocatiom of the company.
Centene abruptly changed course in Septembe 2007 and announced its plans to be an anchodr tenant in the proposed Ballpark Villagedevelopment downtown. By March 2008, Centene reversed course again and dropped its planxs tomove downtown. After the Missouri Supremre Court ruled in the Claytonpropertuy owners’ favor on the eminent domain Centene ultimately bought the three Forsythg properties in early 2008 for $19 million. In the Clayton Board of Aldermen approveda scaled-down versioh of the project from the original cost of $215 million.
The planned office towe was reduced in size by severapl floors as Centene opted to initially leaseejust 200,000 square feet of space instead of 300,00o square feet, and the retail portion was minimized to 28,125 square feet from 34,000 square Armstrong Teasdale has signed a lease for 125,000 squarr feet of space, making it one of the largestt local office lease deals announced in 2009.

Snapper Season Is Back Open - WMBB-TV

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Snapper Season Is Back Open WMBB-TV When discussions about lengthening the season began, they centered around opening for 24 straight days or eight weekends. Captain Josh Craighead said he ... and more »