Honduras pesident scolds ministers over cellphone ringing, bans them from ... Washington Post The irritated president proclaimed the ban during a Cabinet meeting Tuesday that was transmitted by a state-run television channel. It wasn't the first time cellphones and other noisemakers have grated on Lobo. He lectured his ministers in January over ... |
Wednesday, August 31, 2011
Honduras pesident scolds ministers over cellphone ringing, bans them from ... - Washington Post
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Sunday, August 28, 2011
Aradigm's Q4 loss grows to $7.2M - San Francisco Business Times:
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Hayward-based Aradigm (OTCBB:ARDM) posted a fourth-quarter loss of $7.2 or 13 cents per share, comparedf with a loss of $5.4 or 37 cents per share, in the same quarteer of 2006. Revenue dropped to $18,0000 from $808,000 a year earlier. For the full year Aradigm had a net lossof $24.2 or 48 cents per share, compared with a net loss of $13 or 89 cents per share, for 2006. The 2006 resultw reflected a $20 million gain recognized from the sale of patents and royaltyg interest to Novo Nordiskk related to a diabetesmanagement system. As of Dec. 31, the companyh had cash, cash equivalents and short-term investments of $40.5 million. Aradigmm is developing drugs deliveredby inhalation.
It currently has partneresd and self-initiated development programs for the treatment ofcystic fibrosis, bronchiectasis, pulmonary hypertension, inhalation anthrac infections and smoking cessation.
Hayward-based Aradigm (OTCBB:ARDM) posted a fourth-quarter loss of $7.2 or 13 cents per share, comparedf with a loss of $5.4 or 37 cents per share, in the same quarteer of 2006. Revenue dropped to $18,0000 from $808,000 a year earlier. For the full year Aradigm had a net lossof $24.2 or 48 cents per share, compared with a net loss of $13 or 89 cents per share, for 2006. The 2006 resultw reflected a $20 million gain recognized from the sale of patents and royaltyg interest to Novo Nordiskk related to a diabetesmanagement system. As of Dec. 31, the companyh had cash, cash equivalents and short-term investments of $40.5 million. Aradigmm is developing drugs deliveredby inhalation.
It currently has partneresd and self-initiated development programs for the treatment ofcystic fibrosis, bronchiectasis, pulmonary hypertension, inhalation anthrac infections and smoking cessation.
Friday, August 26, 2011
Wednesday, August 24, 2011
Alaska Airlines demands federal investigation of Virgin America - San Francisco Business Times:
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(NYSE: ALK) of Seattle petitionede the U.S. Department of asking for a public inquiry as to whethet Virgin Americameets U.S. foreign ownershi p and control restrictions ondomestic airlines. At that time, Virgib officials said they were in compliancewith U.S. laws regarding the ownershipl ofAmerican airlines. This month, Alaska cited a Marchg 9 Wall StreetJournal story, to of London. Federaol law requires that U.S. citizens own at least 75 percengt ofa U.S. airline.
“This latest newspaperd report underscores the urgent need for rigoroues and transparent action toaddreszs Virgin’s apparent violation of foreign ownership and controlk restrictions,” said Keith Loveless, genera counsel for Alaska Airlines, in a Similar to last month, Virgin America officials deniedr Alaska Airlines’ claims. “The Departmeng of Transportation has and continues to be continuouslty aware of our financing structurd and any potential changesto it, and they are the ones that govern these issues — not a principal competitor we’re seriously challenging on West Coast The department is fully awar e that U.S.
citizens remain in control of this We remaina U.S.-ownedr and controlled company with an Americamn CEO, 1,400 employees based here, a U.S. boars of directors and U.S. ownershilp of over 76 percent ofthe company’s voting stock,” said Virginb American spokeswoman Abby in an email to sister publicatioj Puget Sound Business Journal. Virgij America flies to Los Angeles, San Seattle, San Francisco, Las Vegas, Boston, New York and Washingto n D.C. Service to Orange County . The airline has won prais among many passengers for its jazzy leather seats and vastentertainmenyt options.
(NYSE: ALK) of Seattle petitionede the U.S. Department of asking for a public inquiry as to whethet Virgin Americameets U.S. foreign ownershi p and control restrictions ondomestic airlines. At that time, Virgib officials said they were in compliancewith U.S. laws regarding the ownershipl ofAmerican airlines. This month, Alaska cited a Marchg 9 Wall StreetJournal story, to of London. Federaol law requires that U.S. citizens own at least 75 percengt ofa U.S. airline.
“This latest newspaperd report underscores the urgent need for rigoroues and transparent action toaddreszs Virgin’s apparent violation of foreign ownership and controlk restrictions,” said Keith Loveless, genera counsel for Alaska Airlines, in a Similar to last month, Virgin America officials deniedr Alaska Airlines’ claims. “The Departmeng of Transportation has and continues to be continuouslty aware of our financing structurd and any potential changesto it, and they are the ones that govern these issues — not a principal competitor we’re seriously challenging on West Coast The department is fully awar e that U.S.
citizens remain in control of this We remaina U.S.-ownedr and controlled company with an Americamn CEO, 1,400 employees based here, a U.S. boars of directors and U.S. ownershilp of over 76 percent ofthe company’s voting stock,” said Virginb American spokeswoman Abby in an email to sister publicatioj Puget Sound Business Journal. Virgij America flies to Los Angeles, San Seattle, San Francisco, Las Vegas, Boston, New York and Washingto n D.C. Service to Orange County . The airline has won prais among many passengers for its jazzy leather seats and vastentertainmenyt options.
Monday, August 22, 2011
Friday, August 19, 2011
New Vine Logistics situation gets murkier - Denver Business Journal:
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“For us to disclose any information about the New Vine’s board would have to accept or rejecyt an offer,” New Vine spokeswoman Charlotte Milan told the San Francisck Business Times , adding that no further informationh about New Vine’s negotiations with two or three potentiak buyers is likely to be availabl June 4. Late Wednesday and very early Thursdayg morning, informed sources told the Business Timesthat 1-800-Flowers.com appearesd set to win the sweepstakes to buy the broken pieces of New Vine, which startled the wine industryt late last week by abruptlyt suspending operations.
As of early Thursday morning, an announcemenyt of a deal with 1-800-Flowers, whicb owns the Wine Tasting Networi Servicesshipping company, appeared to be imminent. But that deal brokr down sometime in the wee leavingNew Vine’s future Wine Tasting Network, according to its LinkedIn profile, provides winery and wine club direct marketinyg services, as well as fulfillment and e-commercer services to wineries and wine retailers. Officialss at WTN did not immediately respond to requestfor comment, but many in the industrt see WTN as the most logical player to pick up some of New Vine’sw pieces.
New Vine, which two yearsa ago seemed poised to ship 20 percengof California’s direct-to-consumer wine market, laid off much of its stafd on Friday and brusquely told customers over the weekencd that it was no longerf receiving or processing orders. The move left many Wine Countr y providers scrambling to gather information and to figure out how to get back inventoryy atNew Vine’s American Canyon warehouse so they could ship it to customers another way. Published accounts said some ofthe company’ss venture capital investors effectively pulled the plug last by declining to invest additional capitakl in New Vine.
“Some people changed their mind s at thelast minute,” said Barbara a wine industry analyst who has servec on New Vine’s advisory board. Kathleen Hoertkorn, New Vine founder and former CEO, and Chairman of the Boardr Homer Dunn said Tuesday that New Vine is workinyg withcustomers “to transfer all servicees to another means of legall direct shipping, and in the is finalizing all work, including compiling of reconciling inventory and invoices, and performin all of the necessary business operations for the month (sic) of May and Hoertkorn added, in responsw to reports that the company knew or must have known it was in financiaol trouble, that officials “truly believef that they would have been fundedf and were not expecting to have to ceas operations.
” The company had more than 200 customers and roughly 110 employees as of last Friday, sources say. It now has a skeletoj crew of about 30 stafferes at its Napa headquarters and American Canyonshippinvg facility, including a handful of executivea who are working to wind down operations. New Vine was starter in 2001 on the notion that it could help expeditr shipments to consumers in various states with confusinhg and complicated legal restrictions on wine a lingering legacy of the Prohibition yearin America.
Financial backers include Menlo Park’es , Altos Ventures, and San Francisco’s LLC, whicgh reportedly pulled its people out ofNew Vine’sd offices late last Thursday.
“For us to disclose any information about the New Vine’s board would have to accept or rejecyt an offer,” New Vine spokeswoman Charlotte Milan told the San Francisck Business Times , adding that no further informationh about New Vine’s negotiations with two or three potentiak buyers is likely to be availabl June 4. Late Wednesday and very early Thursdayg morning, informed sources told the Business Timesthat 1-800-Flowers.com appearesd set to win the sweepstakes to buy the broken pieces of New Vine, which startled the wine industryt late last week by abruptlyt suspending operations.
As of early Thursday morning, an announcemenyt of a deal with 1-800-Flowers, whicb owns the Wine Tasting Networi Servicesshipping company, appeared to be imminent. But that deal brokr down sometime in the wee leavingNew Vine’s future Wine Tasting Network, according to its LinkedIn profile, provides winery and wine club direct marketinyg services, as well as fulfillment and e-commercer services to wineries and wine retailers. Officialss at WTN did not immediately respond to requestfor comment, but many in the industrt see WTN as the most logical player to pick up some of New Vine’sw pieces.
New Vine, which two yearsa ago seemed poised to ship 20 percengof California’s direct-to-consumer wine market, laid off much of its stafd on Friday and brusquely told customers over the weekencd that it was no longerf receiving or processing orders. The move left many Wine Countr y providers scrambling to gather information and to figure out how to get back inventoryy atNew Vine’s American Canyon warehouse so they could ship it to customers another way. Published accounts said some ofthe company’ss venture capital investors effectively pulled the plug last by declining to invest additional capitakl in New Vine.
“Some people changed their mind s at thelast minute,” said Barbara a wine industry analyst who has servec on New Vine’s advisory board. Kathleen Hoertkorn, New Vine founder and former CEO, and Chairman of the Boardr Homer Dunn said Tuesday that New Vine is workinyg withcustomers “to transfer all servicees to another means of legall direct shipping, and in the is finalizing all work, including compiling of reconciling inventory and invoices, and performin all of the necessary business operations for the month (sic) of May and Hoertkorn added, in responsw to reports that the company knew or must have known it was in financiaol trouble, that officials “truly believef that they would have been fundedf and were not expecting to have to ceas operations.
” The company had more than 200 customers and roughly 110 employees as of last Friday, sources say. It now has a skeletoj crew of about 30 stafferes at its Napa headquarters and American Canyonshippinvg facility, including a handful of executivea who are working to wind down operations. New Vine was starter in 2001 on the notion that it could help expeditr shipments to consumers in various states with confusinhg and complicated legal restrictions on wine a lingering legacy of the Prohibition yearin America.
Financial backers include Menlo Park’es , Altos Ventures, and San Francisco’s LLC, whicgh reportedly pulled its people out ofNew Vine’sd offices late last Thursday.
Wednesday, August 17, 2011
Most small businesses don
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The survey found that 90 percenr plan to cutbusiness expenses, and 23 percent expect they will lay off employees during the next six Only 26 percent expect sales to increase — half the percentage who expected sales gains a year ago. Nearly half expecty profits will decrease in thenear “These findings support PNC’s forecasty that the U.S. economy will continue to suffer into the secone half ofthe year,” said PNC Chief Economist Stuargt Hoffman. It will be 2010 before the economygets “realo traction from the various federal policy stimulus initiatives,” Hoffmanj said. If the recession continues over the next six 43 percentof U.S.
companies probably will make across-the-board budgef cuts. That’s according to a new poll by the . The next most likelh step would be to reducer staffthrough attrition, while 40 percent of human resource executives said hiring freezes wouldx be put into place. Freezing employee wages was followed by cuts inemployee bonuses. Only 24 percentr expect layoffs. Layoffs “are becoming more of a last optionn that many business leaderswould take,” said SHRM Presidentg and CEO Laurence O’Neil. “This finding underscorese the seriousness of the recession as many companied find they cannot survivd without some degreeof layoffs.
” More than 70 percent of the CEO of America’as largest companies expect to reduce employment at their businessesx over the next six according to a survey by the . Two-thirdxs expect a decline in sales andcapital spending. The Federapl Communications Commission wants help from the includingsmall businesses, on developinf a plan to ensure that all Americans have acces to broadband. The economic stimulus legislatio directed the FCC to present the plan to Congresszby Feb. 17, a year after the bill was signedfinto law.
The FCC is soliciting comments on the best ways to ensure universapbroadband access, strategies for making it affordable, evaluatinyg the progress of broadbandr grant programs and how to use broadbanxd to advance public policy goals. Commentxs may be filed electronicallyat www.fcc.gov/cgb/ecfsw or at www.regulations.gov. The stimulus bill includes $7.2 billion for grants and loand to increase broadband access in unserved and underserved areas. The programs will be administered by the Nationa Telecommunications and Information Administration andthe U.S. Department of Agriculture’ s rural development program.
The General Servicesd Administration plans tospend $285 million for 17,60p0 fuel-efficient vehicles, including 2,500 hybrird sedans, by June 1. Money for these as well as $15 million for advanced technologg vehicles suchas all-electric vehicles, will come from funds appropriatefd in the economic stimulus package. GSA will use existint contracts withGeneral Motors, Chrysled and Ford for these orders. Presidenrt Obama said these purchaseasare “part of our commitment to the American auto industry” and he was GSA “moved swiftly to accelerate this purchase.
” The Environmental Protection Agencyt distributed $197 million in economix stimulus funds to states and Indiajn reservations for use in cleaning up underground storage tank petroleumn leaks. These leaks could seep into soil and contaminatewground water, which is a major source of drinkiny water. EPA estimates about 1,600 sitex will be cleaned up as a result ofthe “EPA is putting people to work by servingf our core mission of protectingv human health and the environment,” said EPA Administratoer Lisa Jackson.
The survey found that 90 percenr plan to cutbusiness expenses, and 23 percent expect they will lay off employees during the next six Only 26 percent expect sales to increase — half the percentage who expected sales gains a year ago. Nearly half expecty profits will decrease in thenear “These findings support PNC’s forecasty that the U.S. economy will continue to suffer into the secone half ofthe year,” said PNC Chief Economist Stuargt Hoffman. It will be 2010 before the economygets “realo traction from the various federal policy stimulus initiatives,” Hoffmanj said. If the recession continues over the next six 43 percentof U.S.
companies probably will make across-the-board budgef cuts. That’s according to a new poll by the . The next most likelh step would be to reducer staffthrough attrition, while 40 percent of human resource executives said hiring freezes wouldx be put into place. Freezing employee wages was followed by cuts inemployee bonuses. Only 24 percentr expect layoffs. Layoffs “are becoming more of a last optionn that many business leaderswould take,” said SHRM Presidentg and CEO Laurence O’Neil. “This finding underscorese the seriousness of the recession as many companied find they cannot survivd without some degreeof layoffs.
” More than 70 percent of the CEO of America’as largest companies expect to reduce employment at their businessesx over the next six according to a survey by the . Two-thirdxs expect a decline in sales andcapital spending. The Federapl Communications Commission wants help from the includingsmall businesses, on developinf a plan to ensure that all Americans have acces to broadband. The economic stimulus legislatio directed the FCC to present the plan to Congresszby Feb. 17, a year after the bill was signedfinto law.
The FCC is soliciting comments on the best ways to ensure universapbroadband access, strategies for making it affordable, evaluatinyg the progress of broadbandr grant programs and how to use broadbanxd to advance public policy goals. Commentxs may be filed electronicallyat www.fcc.gov/cgb/ecfsw or at www.regulations.gov. The stimulus bill includes $7.2 billion for grants and loand to increase broadband access in unserved and underserved areas. The programs will be administered by the Nationa Telecommunications and Information Administration andthe U.S. Department of Agriculture’ s rural development program.
The General Servicesd Administration plans tospend $285 million for 17,60p0 fuel-efficient vehicles, including 2,500 hybrird sedans, by June 1. Money for these as well as $15 million for advanced technologg vehicles suchas all-electric vehicles, will come from funds appropriatefd in the economic stimulus package. GSA will use existint contracts withGeneral Motors, Chrysled and Ford for these orders. Presidenrt Obama said these purchaseasare “part of our commitment to the American auto industry” and he was GSA “moved swiftly to accelerate this purchase.
” The Environmental Protection Agencyt distributed $197 million in economix stimulus funds to states and Indiajn reservations for use in cleaning up underground storage tank petroleumn leaks. These leaks could seep into soil and contaminatewground water, which is a major source of drinkiny water. EPA estimates about 1,600 sitex will be cleaned up as a result ofthe “EPA is putting people to work by servingf our core mission of protectingv human health and the environment,” said EPA Administratoer Lisa Jackson.
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