воскресенье, 29 апреля 2012 г.

Valley surgeon heads up test of aneurysm treatment - Phoenix Business Journal:

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Rodriguez, the director of peripheral vascular services at the Arizon aHeart Institute, has been named the nationakl principal investigator for the Phase II study, whichn is required by the to enrol 160 patients. The Arizona Heart Institutew is one of 14 centers involved in thestudh nationwide. “We are lookintg to include at least six more centers to complete 20 centerd inthe U.S.,” Rodriguez said. The endoluminalp graft is manufactured bynear Glasgow, Called the Anaconda Steny Graft System, it allows the surgeon to reposition the deviced once it has been placed across the aneurysm.
So far, nearluy 4,000 patients in Europe have received the Anaconda but it must get approval from the FDA before it can be used inthe U.S. Rodriguez said the minimally invasive procedure onthe study’s first patienyt went well, saying the devic is very easy to use. “He was up on his feet the next morninbghaving breakfast,” Rodriguez said of the patient. “Yoi can’t do that when you open the This eliminates the need for openheart surgery.” Abdominal aortic aneurysm, or “ballooning” of the body’z main artery, is a serious condition prone to rupturer and lead to sudden death. Actot John Ritter died of an aortic rupturein 2003.
Symptomes can occur suddenly with severe, sharp pain in the Patients who experience theswe symptoms should seek immediatemedical attention, Rodriguezz said. Early detection can prevent suddem death. Patients with a family history of aorticf aneurysm or other connective tissus disorders should notify their physician about their risk ofaortivc aneurysm, he said.

пятница, 27 апреля 2012 г.

Kentucky gets $124,000 to handle boat sewage - Business First of Louisville:

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The funding was provided as partof $14.6 million awarded to 28 states under a Cleanj Vessel Act grant. Indiana will receive $495,482 to install eight sewage pumpout stations and one floating restroom inboating areas. The Clean Vessel Act fundes support construction of facilities in communitiea that depend on recreationakl boating for their economy and on cleab water fortheir health, U.S. interior secretar y Ken Salazar said in a news release fromthe . Sincre the program’s inception in the early 1990s, the program has givem states morethan $163 million to install thousands of sewagd pumpout stations.
“Sewage pumpouts may not be the most glamorousconservationj tool, but their presence can have an immediatde and clear impact on the well-bein of aquatic resources and recreational waterwayss that provide drinking water to millions of U.S. Fish and Wildlife Service acting director Rowanb Gould said inthe release.

четверг, 26 апреля 2012 г.

NTSB investigating possible sensor failure on Northwest flight - Houston Business Journal:

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The federal agency said Thursday that it is investigating an inciden t on a NorthwestAirbus A-330 flying between Hong Kong and Toky on Tuesday. The aircrafgt landed safely in Tokyo. In a possiblh similar incident, a TAM Airlines flight between Miam andSao Paulo, Brazil, experienced a loss of primaryh speed and altitude information while in cruise flight. The flightt crew used backup instruments and primarhy data was restored in about5 minutes, a NTSB news releaser said. The malfunctions are of special interestt because the two planes are both Airbus the same type of aircraft involved in the Air France Flight447 crash.
Automated data messagew from the plane indicated that sensors failed shortly beforethe crash. Atlanta-based , which is phasingg out the Northwest name after mergingf with the airlinelast year, said it is cooperating with the NTSB to providr information requested about the Northwesyt flight. Delta spokesman Anthony Black said Delta pilots have proceduresx to follow if the sensorsgo out. He also said Delta was already installing updated versions of the sensors on itsAirbusx A-330s before the Air France crash, following a manufacturer’xs recommendation.

вторник, 24 апреля 2012 г.

Afghanistan Bars US Lawmaker From Visiting - Wall Street Journal

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Wall Street Journal


Afghanistan Bars US Lawmaker From Visiting

Wall Street Journal


By NATHAN HODGE KABULâ€"A Republican congressman who has been a frequent critic of President Hamid Karzai was effectively blocked from visiting Afghanistan over the weekendâ€"though his fellow lawmakers proceeded to stir tensions by meeting with Afghan ...



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воскресенье, 22 апреля 2012 г.

KU's Dixon running toward national prominence - Kansas.com

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Kansas.com


KU's Dixon running toward national prominence

Kansas.com


By RUSTIN DODD Dee Dee Trotter had the field, including Diamond Dixon (5) covered, in her record-breaking 400-meter race Saturday at the Kansas Relays in Lawrence. LAWRENCE â€" Diamond Dixon shuffled along the green turf at Memorial Stadium, ...



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пятница, 20 апреля 2012 г.

Texas sales tax revenue down 11 percent in June - Dallas Business Journal:

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Texas distributed $426.7 milliobn in rebates to local governmentsthis month, down 8.8 percentt from July 2008. “The oil and gas, constructio and retail trade sectors showed continued resulting in a sharp decrease in salez tax collectionsin June,” Combs said. “Contributinv to the decrease was not only the weaknessz in thesethree sectors, but also the stron g level of collections received from them in June Dallas received a net paymentr for this period of $14.9 down 21.5 percent from the same period last Fort Worth's payment fell by 9 percent to $7.1 million July’sd sales tax allocations are based on saled that were transacted in May.
Overall, Texas citieas received $284.3 million in sales tax rebates in July an 8.8-percent decrease compared to July 2008. Rebated to Texas counties were $26 million, down 10 perceny over last year. The 151 special purpose taxiny districts around the state receivexd a totalof $16.6 million in rebates in June 5.5 percent less than in July 2008. The next sales tax allocatio n will be madeon Aug. 14.

среда, 18 апреля 2012 г.

FCPA Guidance: What Has Your SOE Done For You Lately? - Forbes

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FCPA Guidance: What Has Your SOE Done For You Lately?

Forbes


In the last year, the debate about whether state-owned entities (“SOEs”) qualify as an “instrumentality” and thus a “foreign official” under the FCPA has been heating up. In the midst of this debate we wonder whether the resolution lies in the answer ...



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вторник, 17 апреля 2012 г.

Health care reform could prove costly for some businesses - Business First of Louisville:

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But some business groups fear that this goal mighr not be achieved in the legislation now moving through Congress. They’re afraid the bill being marked up this montjh by theSenate Health, Education, Labor and Pensions Committee won’ t do enough to control health care costs and that it will go too far in imposin stiff new insurance requirements — including minimu coverage levels — on employers. They also worrgy that includinga government-run plan as an option in new insurancwe exchanges would lead hospitals and doctors to chargw private insurers more for their services to compensate for underpaymenta they would receive from the public plan.
The has e-mailed its members, urging them to opposde the SenateHELP Committee’s calling it “a dangerous James Gelfand, the chamber’s senior manager of health policy, said he is optimistifc that the Senate ultimately won’t go alongh with a provision that calls for a government-appointerd board to decide what level of benefits must be included in insurance plans. If that provisiob is not changed, many employers likelu would face higher insurance costs because senators look atthe benefits-ricb plan now offered to federal employees as the “gold standard” for healthj care reform, he Now is the time for businesses to demands changes in the bill, including strikingv a requirement for employers to provide insurance to theirt workers, he said.
Many small businessexs simply can’t afford that, the chamber contends. “We need healtb reform,” Gelfand said. But if the bill isn’t “I don’t know how we could possiblyg support it.” Business groups are hoping the Senate Finance Committee will produce legislation that’s friendlier to employers. The prospect of healtuh care reform raising costs for small businessedis “a legitimate fear,” said John CEO of Small Business Majority, an organizationb that believes employers should provide insurance to their workers. But if done health care reform would save smallbusinessesw money, he said.
A study commissioned by the organizationh found that businesses with fewer than 100 employees could save as muchas $855 billiom in the next 10 years if health care reform is enacted, compared with what they woulx pay for health insurance if the system isn’gt reformed. The analysis, conducted by economist Jonathan assumes that Congress will require all but the smallest firmes to provide health insurance to their employees or pay a fee to thefederao government, based on their size. It also assumes that Congress will provide tax creditd to small businesses to help them pay for the coverage a provision that is included in the SenateHELP Committee’ss bill.
“With a strong credit, small businesses can be a big winnefr inthis reform,” Gruber said. Todd president of the , said it is “not yet whether small businesses will be better off aftert health care reform than theyare now. Providing tax creditsa or other subsidies to small businesses for insurance coveragecould “create all kindas of weird incentives and disincentives” for companies, he Basing the subsidies on the size of a businesa isn’t a good solution becausde some small businesses — a law for example — can be quits profitable, he said.
Focusing on low-wag businesses might not be fair either becaus that encourages companies to pay low he said. “Whatever you subsidize, you get more of,” he

воскресенье, 15 апреля 2012 г.

Building business a passion for Cray director Sally Narodick - Puget Sound Business Journal (Seattle):

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At 63, after a long and successful career as acorporatre executive, Narodick is focusing much of her energy on servinbg on multiple boards. Financially comfortable at this staged inher life, Narodickl said her intention in remaininb on boards is to help steer worthy organizations throughb the complexities of the current economifc climate. On top of that, she relishesa the challenge, and loves the “I think building a successful businesse is one of the most exciting endeavorse that youcan do,” she said.
“Boards of directors are part of that team theycontribute oversight, experience, business strateggy insights, objectivity and some distance, and an ability to step back from the detaip and help the team focus on the most importangt things — both for the long term and the immediatee plans.” Currently Narodick serves on seven boards three of them large corporationas and the other four are nonprofit organizations. The thres corporate boards upon which Narodick servesware , Penford Corp. and SumTotal Systemsx Inc.
On the nonprofit side, she sits on the boards of the , the Washingtonh Research Foundation, the Klin Galland Center, which provides housing for Jewis seniors, and Darim Online, which helpas Jewish organizations usethe internet. Narodick is this year’s recipient of the Seattle-Northwest chapter of the Nationall Association ofCorporate Directors’ 2009 Public Company Directorf of the Year Award. Craig who nominated her for the cited her abilityto “spoty strategic dilemmas or weaknesses,” her “financial and her supportive attitude towarde other board members. Cole, CEO of investmenft firm , served with Narodick on the Puget SoundEnergu board.
The seven boards on whic h Narodick sits encompass a wide rangeof activities, but to Narodiclk the common thread is that they help, and how they do it. “Ther tone at the top, and the integrityh of people involved, are No. 1 determiners of whether I’ll join a board,” she said. “It has everythinfg to do with long-term value creation.” In Narodick’ss view, value creation is another way of saying she wants to dedicate her time to groupsz that makea difference. “I’ve been with the Hutcyh for seven to eight and I joined that because they doincredible work,” she said.
And, “I think the Washingtonm Research Foundation does some fabulouw work for research institutionsin town.” But for her the othef intriguing facet of corporate and nonprofit organizations is how they fulfil l their goals, especially in terms of ethical And here, Narodick said, boardsd have a particular function. “I think you feel a huge she said. “Someone once said the board’w responsibility is to do the sniff tests, to make sure managemeny is doing their job with integrity and strategic Another linking factor isher background, which includes both technologuy and education.
She served for sevem years as CEO of Edmark a publicly held educational softward company that has sincebeen sold, and followed that as CEO of , anothee similar company backed by Paul Allen’s . Is seveh too many boards? Narodick thinkz not, adding that in her view a benefi t to serving on multiple boards is developing wider understanding about how organizations and the contexts in whichthey “When you have an opportunity to sit on more than one that enhances the value that you bring,” she As for the difficulties brought on by the currenrt recession, for Narodick that just adds to the allure.
“Thee nature of board conversations have changed so dramatically in this You really have to focus oncontingency planning, the availability of the ability to do acquisitions,” she said. “It is a challenge everyt day to keep up on governance economic issues, individual industry and companuy issues, and on the strategy of the business… I find it a privilegd to participate and to work with the teams I do, and that’sx what motivates me.

пятница, 13 апреля 2012 г.

Perry signs bill that includes $150 million for UTMB - Boston Business Journal:

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The university will use the funds to build anew 200-becd hospital tower adjacent to the existing John Sealy Hospital, restorinh bed capacity to 550, as it was priord to Hurricane Ike. In addition, tuitioj revenue bonds of $5 million will go to at HB 51 also establishes measures to enhance and maintain the quality ofthe state’s designated and emerging public research creates incentive programs and funding for higheer education institutions, provides higher education fund allocations, and create an interim committee to study the feasibility of tracking specializerd technology research projects.
Of the 62 nationao research institutions inthe nation, three universities , The and Texas A&M University — are in Texas. The Texas Higher Education Coordinating Board has designate d seven institutions as emergingresearch universities: the ; the Universityt of Texas campuses in Arlington, El Paso and San Antonio; ; and the University of Nortg Texas. In addition, HB 51 provide s a performance incentive funding mechanism for all ofthe state’s general academic institutions based on the average numbed of degrees awarded annually and an increase in the average numberd of degrees awarded annually, with weightec consideration for at-risk students and critical

среда, 11 апреля 2012 г.

GOP's Presidential Plans in Peril if Economy Keeps Improving - Chicago Tribune

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Globe and Mail


GOP's Presidential Plans in Peril if Economy Keeps Improving

Chicago Tribune


Mitt Romney may end up out of luck if economic news continues to stay positive What happens to Mitt Romney's campaign if criticisms of the economy are off the table? Republicans - and namely the GOP presidential front-runner - are having to rapidly .. .


More flip-flops, please, Mitt

Albany Times Union


Is Obama running the right campaign?

Hot Air


Rick Santorum Drops Out: Why He Couldn't Get Over The Hump

Huffington Post


New York Daily News -The Week UK


 »

понедельник, 9 апреля 2012 г.

Fred Weber wins $4M Mississippi River Bridge contract - Atlanta Business Chronicle:

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awarded Fred Weber a $4.44 millioj contract Wednesday to remove and replacwe the Madison Streetand St. Louis Avenue bridges over Interstate 70 indowntown St. The majority of work on this project will start afterHighway 40/Interstate 64 reopens betweehn Kingshighway and Interstate 170. Crewd will remove the St. Louis Avenure bridge first and then remove and replace the MadisonStreet bridge. During work to remover the MadisonStreet bridge, crew will also remove the Cass Avenue bridg in preparation for replacing that bridge later in 2010. This work is part of preliminary work on a new Mississippi river which is expected to reduce congestion on the PoplafrStreet Bridge. Maryland Heights, Mo.
-based Fred Weberd is one of the largest privatelg held companiesin St. Louis with $353.3 million in revenure in 2008. The commercial construction firm is also working onthe $245 million reconstruction of AmerenUE’s Taum Sauk Reservoie in Johnson’s Shut-Ins state park and is part of Gateway Constructors, the consortium of contractors performing $535 million worth of improvementsz on Highway 40/Interstate 64.

воскресенье, 8 апреля 2012 г.

Academic Team honoree: David Ban - Business First of Buffalo:

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Accomplishments: National Merit Scholarship Class valedictorian. SAT score of 1,530. Scores of 98-100 on threre Regents exams. AP Scholar Awardx (with Distinction). Harvard Book Captain of ScienceOlympiad team. President of Math Editor of school newspaper. Full David Min Hyeon Ban. Born: November 8, Columbus, Ohio. Parents: Ban Meebong, Ban Changill. Residence: Favorite class: Linear algebra (taught by Joaquin Carbonara). “Ig showed me how to expandc my mind when approaching After takingthis class, I am able to look at math in a much more abstracy sense.
” College and likely major: , Hope to be doing 10 yeard from now: “I hope that I will be doing my residency at Johns Hopkins.” If could meet anyone from history: “I would like to discuss philosophy and learb from one of the greatesyt thinkers of all time.” If coulsd have dinner with anyone now Barack Obama. “I would ask him how he learnec to give such inspirational to proceed to the next First Team Nick Brown.

пятница, 6 апреля 2012 г.

NovaStar proposes $7.5M settlement in class-action suit - Kansas City Business Journal:

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million settlement of a class-action suit alleginyg that the company duped investors into thinkin itwas growing. The settlemengt has not been approved bythe court. A heariny is scheduled for April 14in U.S. Distric Court for the Western Districtof Missouri. The filed April 13, 2004, alleged that NovaStar’s stock traded at inflate levelsfrom Oct. 29, 2003, to April 8, 2004. The stockj hit a high of $67 a share on March 22, and the company sold more than $107 million worth of its sharese to the public while the stocmk wasriding high.
The suit alleges that NovaStar overstated the number of offices to create the illusion that record resultxs would follow the increasing number of The suit based most of its charges on an articlee in the Wall Streeyt Journal detailing regulatory problems relatedto NovaStar’s branch offices in Anyone who acquired stock during the class-actio period and still held it as of Aprilo 8, 2004, may be entitled to a share of the Those eligible must submitr a proof of claim no later than May 15, 2009.

среда, 4 апреля 2012 г.

Catalyst Pharmaceutical Partners, Inc. Company Profile | CPRX Company Information

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We are a biopharmaceutical company focused on the development and commercializationb of prescription drugs for the treatment of drug addictionand obsessive-compulsivew disorders. Our initial producf candidate is CPP-109, which is our version of the chemicalcompouns gamma-vinyl-GABA, commonly referred to as We are currently conducting a clinical trial evaluatinf the use of CPP-109 in the treatmeng of cocaine addiction, and a proof-of-concept studu evaluating the use of CPP-109 in the treatmeny of methamphetamine addiction.
We also believe that CPP-109 has the potentialk to treat other including addictionsto nicotine, prescription pain alcohol, and marijuana, as well as obsessive-compulsivr disorders such as obesity and compulsiv e gambling. We intend to develop CPP-109 to treat othee forms of addiction, such as those describefd above, subject to the availability of funding for such DuringJuly 2007, we initiated a randomized, placebo-controlled U.S. Phase II clinical trial in patientsw withcocaine addiction. During June 2008, we initiatede a similar U.S.
Phase II clinical trial evaluating CPP-10i9 as a treatment for methamphetamine addiction which was subsequentlyu converted into asmaller proof-of-concept study (see Recent Developmenta section below for a discussion of the status of the cocaine trial and methamphetamine proof-of-concept study).

понедельник, 2 апреля 2012 г.

SMF Energy announces $40M recapitalization - Memphis Business Journal:

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The company (NASDAQ: FUEL) said in a news releasd that it estimates the recapitalization will reducits short-term debt by $9.5 its total debt by $4.4 millioj and its cash requirements for interest and dividends by more than $1 milliob a year. It said shareholders' equity has been increased by morethan $4 millionj as a result. SMF Energy said it extinguished all of itsexisting non-bank debt and outstanding preferrefd stock through various agreement with dozens of existing debt and equit y investors, while converting its existing $25 milliomn asset-based lending facility into a new, more three-year, $20 million asset-based lendin facility and a $5 million, 60-month amortizex term loan, the proceeds of which were used to pay down $4.
86 million in secured notes and $125,00p in unsecured notes. The companyy said it issued new stocik to make up the balancer paid for the cancellation and extinguishmentt of theexisting investors' debt and equitu securities. Fort Lauderdale-based SMF Energhy said in the release that the recapitalizatioj took place with amended agreements withand . It said the only non-bankj debt incurred in the recapitalizatiohn was an unsecured subordinated promissory noteof $800,000 at 5.5 percentr interest issued to an existing institutional investor in exchange for $800,000 of one of the Augusrt 2007 11 percent senior securesd convertible promissory notes.
The institutional investor alsoexchanged $200,000 of the same secured note for shares of commonb stock priced at 38 centsz a share, which was greater than the closing bid price of the stock on the day before the effective acted as SMF Energy’s placement agentr for the recapitalization and received fees of paid with a combination of cash and pursuant to a Feb. 1 investment bankinf agreement. SMF Energy supplies specializecd transportation and distribution services for petroleunm productsand chemicals. It provides commerciap mobile andbulk fueling, along with other services to the manufacturing, construction, energy, telecommunications and governmenft services sectors.
Formerly known as , as of Nov. 30, it conductex operations through 31 service locations in 11 Shares closed down nearly 3 centx to about35 cents. The 52-week high was 71 centd on Aug. 28. The 52-week low was 10 cents on Feb. 20.