Too much too late? - Business First of Columbus:

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As it quickly took shape, it looked like a ready excus for random government spending masked as an economidrepair effort. But we wantexd to believe – as did most U.S. economists – that pumping $787 billion into circulatioj was vital to oureconomic recovery. But as the money slowly hits the streets, it is becoming obvious that a stimuluz plan may have beenpolitically popular, but it likely will turn out to be economicallyg half-baked. First, here’s the part of the effort that makees sense: rescue funds.
The feds have promised to shovel money into states to help prop up basic Such a rescue means a lot to placex suchas Ohio, where the unemployment rate hit 10 percent in April and could soar higher before this is economic nightmard is over. With the money, the jobs of many firefighters and police will be at leasttemporarily – that was the case in which held onto 25 policr recruits, whose jobs are now in jeopardy becaus of a city budget crunch and it’s hoped that tax revenue will rebound beforer the federal money evaporates.
But as far as jump-startinhg the economy, the money’s distribution is scattershot, and it’as unlikely the nation will be able to pointto much, if after all its billions are Meanwhile, citizens are experiencing the least stimulativ tax cut in the historyt of the nation – $400 per worker beinf slowly disbursed in paychecks. That’s barelt enough to inspire a consumer to invest in a bag of Under pressure to put the stimulus money to work states are approving only the fastesyt and simplestconstruction projects. The stimulus program could ultimatelty be renamed the Road Repaving Actof 2009. Not quitd the vision we heard when the president wassellinbg it.
The New York Times reported recently the federal governmen t has paid out 6 percent of the stimulus cash and it has gone largely for Medicaid reimbursement andunemploymeny benefits. And Columbus Business First reportws this week that small companies have received a measly 10 perceng of contracts funded by thefederap package, even though Washington’s goal is more than twicew that level. Democrats had promised a lofty, Keynesiann multiplier effect from allthe government’s But Jeffrey Fuhrer, an economist for the Federall Reserve Bank in Boston, said a few weeks ago that the multiplierf was looking like it would be abouyt 0.
5 – that’s assuming the deficit doesn’t inflict additional economic damage. And now it lookes like a recovery may grab hold before the stimuluws takesfull effect. Which shoulds lead anyone with a concern about this spending bacchanaoto ask: Is it too late to cancelo some of this stimulus spending? The nation’sd future inflation rate may depend on it.

Union calls on Kaleida to reverse decision - Business First of Buffalo:

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Kaleida this week announced plans to eliminate four programs offered at Womenand Children’sw Hospital in Buffalo: The Early Childhooed Program, Therapeutic Preschool Program, Early Intervention and Therapeutic Aquatic Swim Program. The programs, many designesd for children with disabilities, have been offered for nearlhy40 years. Kaleida says the programs were losing upwardsof $900,000 annually. Those losses, combined with millions of dollars in state budget cuts make continuing theprograms impractical. Additionally, at that at the time when thesde programswere started, there were no other regional That’s no longer the case.
Leadersz from 1199 is urging Kaleida to In aprepared release, special education teacher Norm Kohn calle it the only program of its kind in Erie “This closure would impact hundredw of children with special needs, especially those enrolledr in the Therapeutic Aquatic Swim Program,” he The union hopes to work with parents, staff and the community to save the preschooll programs.

King Soopers, workers heading back to bargaining table - Birmingham Business Journal:

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The contract at hand involved an increase inpreventativee health-care programs and a wage increase, as well as a decreaswe in pension benefits, King Soopers spokeswoman Diane Mulligah said. However, workers had protested the pensionbenefir cuts, with the Unitefd Food and Commercial Workers Union Local No. 7 warninh that some could lose $100,000 over the life of the and said the wage increases werenot enough. “We are ready, willing and able to get back to the bargaining table if the corporatiojn is willing to meetus halfway,” King Sooperes worker Julie Gonzalez said in a news releases put out by the union.
“All we’re asking for is a fair And we really hopethey don’t lock us out for asking for livable wage and a pension plan that recognizes our contribution to company About 17,000 union workers from the area’s three largestr grocery chains — Albertsons, King Soopers and have been in negotiations with the grocers since April 9 on new five-year contracts. Safewaty workers have voted to extend their contract untilJune 26, whichj Albertsons and King Soopers employees currently are working without contracts. The rejectiojn of the latest King Soopers contract proposal came quickl y after votingbegan Monday.
Workers in Colorado Longmont and Boulder arevoting today, while Pueblo workeras are scheduled to cast ballotzs Wednesday. King Soopers spokeswoman Dianse Mulligan said that the rejection of the deal will not have any tangible effect onstore operations. King Soopers workers have not cast ballotxsto strike. “We’re disappointed in the vote, but we look forwars to getting backto negotiations,” Mulligan said Tuesday.
King Sooperws is a unit of Cincinnati-based

Giants ground Jets, keep playoff hopes alive - Toronto Sun

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TSN	Giants ground Jets, keep playoff hopes alive Toronto Sun New York Giants Victor Cruz (C) celebrates in front of the New York Jets bench after making a pass reception in the third quarter during their NFL footb »

Human Capital: People on the move, June 2 - Tampa Bay Business Journal:

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Goodwin Procter's Budd elected vice chairmamn of AAA national board WayneBudd , senio r counsel with the Boston law firm of and a membe of the board of directors of , was electexd vice chairman of AAA’s national boars of directors. Turbine taps Paradowski as CFO , a Westwood-based onlin gaming technology company, appointed M. Beau Paradowski chief financial officer. Clough to run Leerink Swann's MEDACorp division Healtj care investment bank Leerink Swann of Boston appointedr Brent Clough senior managing director and head of itsMEDACorpp division. Prior to joiningv Leerink Swann, Clough was president and CEO of IntrinsiwQLLC , an oncology software and data analytica firm.
promotes Stys as VP of marketing andbusinesa dev. Shawmut Design and Construction in Boston promotes BrianStys , a 16-year veteran of the to the newly-created role of vice president of marketinhg and business development. The Protector Group Insurancwe Agency adds Mullery as director of compliance and wellnesw of Worcester added Laura Ann Mullery as directofr of complianceand wellness. Mullery previously served as assistant vice president at in Boston and vice presidenyt of major accounts at Thorbahn Associatesin

Duke University Company Profile | Company Information

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Fulbright & Jaworski: Businesses warm to idea of litigation in cold economy - St. Louis Business Journal:

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Law firm issued a 2008 annuao report that found 31 percent of the companiee surveyed expected an increase in the numbed of legal disputes they woulcd face in 2009 due to the economic Jack Walsh, a partner in the St. Louis officer of , agreed that companies facing financial hardship would be more likely during a stagnantg period to pursue commercial lawsuits they might otherwise Although litigious action lags behind the economy and is hard to Walsh saidthe firm’s billable hourse were up significantly in the litigation department in 2008.
“Whejn business is good, people are less likelhy to fight over small amountsof money,” he But when cash flows businesses are unwilling to shoulder more risk or take on Walsh said that a compan might forego a breach of warranty suit on defunct machinery if good businesas was consuming a significant amount of the company’ds time and generating enough money to replace the However, decreased operations means the companty is more sensitive to costs and able to devots energy to recouping losses. Recently, a franchiser brought suit against oneof Walsh’ clients, claiming nonperformance for the installatio n of lighting fixtures.
According to motives for the action includesd a lack of funding to updatethe franchisee’s facility. “Thety didn’t have enough money put in the bank, so they sued my clien who had madethe fixtures, saying the producyt didn’t perform well,” Walsh Brett Brandenberg, practice leader for financial forensics and valuation serviced at accounting firm , said companies in industriesd perceived to be hit harder by the downtur n are most in danger. “It’s a downward spiral whered the perception of further troublesis self-fulfilling,” Brandenberg “If you perceive that a supplier is goinb bankrupt, it will encourage you to act pre-emptively.
” Stephen Rovak, a partner and chair of the litigatiobn practice at ’s St. Louis office, said a slowintg economy gives rise to defaults on loans and an inabilituy tocomplete contracts. At the companies are cautiouslymanagingv cash, which in turn keeps legal actions in according to Rovak. But as the economic slowdown worsens, more defaults and more layoffz lead to more disputes and evenmore “These are followed by litigation as partiess seek to recover their losses,” Rovak “That litigation, and especially the fallout of major is really starting to increase.
”

Elevator Was Serviced Just Before Accident - New York Times

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ABC News (blog)

Elevator Was Serviced Just Before Accident New York Times The Madison Avenue building where Suzanne Hart was killed in an elevator accident was closed on Thursday and was expected to remain so on Friday. By CARA BUCKLEY Electrical maintenance work was being performed on an elevator just hours before it ... Fatal Accident Ele vator Underwent Maintenance Hours Before ABC News (blog) Elevator Work Under Review W »

NFL kicker earns degree from ASU - Boston Business Journal:

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During breaks at NFL training camp, Cundiff would open his laptolpand study, many times putting in 30 to 40 hour s each week on the MBA through the W.P. Caret School of Business at ASU. Cundiff still is workinvg out withNFL teams, this week with the Indianapoliz Colts and two weeks ago with the Clevelandx Browns. He’s not sure if he’ll get a job with eithetr of the teams, but has solidified a position within “This is the best two-year investment I probably coulc have ever made in myself,” he “The W.P. Carey MBA Online Program gave me the flexibilityy to attend training camp with the Atlanta Falcond while still pursuingmy degree.
” With five years of regular seasom experience under his belt, the 29-year-old kicker was releaseds from the Atlanta Falcons and the Kansas City Chiefs while working on his “I’ve got to be the only guy in the MBA prograjm who got fired from two jobs whild in the MBA program,” he said. The last time he playeed a regular season game was in the NFC Championshipp during the2006 season. He playeds during the preseasonin 2007, but was releasede last year before training Cundiff said he knew he had to start thinking about his future for when his footballp career was over.
He and his wife, an had just bought a home in Phoenix when he decidee to enrollin ASU’s MBA program. “Believe it or not, my onlind MBA team was a lot more functional than some of my NFL he said. “The onlins program also really helps you work on your communications andinterpersonao skills, since you’re not dealing with peopld on a face-to-face

Residential real estate news- View Real estate news in the US

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| | | | | | | | | | | | | | | | | | | | | | Generall Motors Corporation | | | | | | | | | | Home Buildersa Association of Greater KansasCity | | | | | | | | | | | | | | | J.E. Dunn Constructionn Group, Inc. | | | | | | | Kansax City Council | | | | Kansas City Regionaol Association ofRealtors | | | Kansad Speedway Corporation | | | | Las Vegas Sands | | | | | | | | | | Missourji Housing Development Commission | | | | | | | | Nationak Association of Realtors | | | | | | | | | | | | | | | | | | | | | | | RealtyTracx Inc.
| | | | | | | | | | | | | Sprinft Nextel Corporation | | | | | | | | | | | | | The Conferenc Board | The Conference Board Consumer ResearcyCenter | | | | | | | | | | | | | | U.S. Censuz Bureau | | | U.S. Departmenr of Housing and UrbanDevelopment | U.S. Department of Laboe

Hiring tips from people who know - The Business Review (Albany):

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Being able to answer that question intelligentlyu might get you a job atBob Godgart, the foundedr and CEO of Autotask, isn't so interested in applicants who might actually know the answer, but he wantws to see them figure out an Godgart says that sort of question shows the analytical abilities the applicant would bring to the job. He wantse to get a sense of theird problem-solving abilities before he brings them into the Everything we do inour businesses, whethetr it is serving fast food through drive-through windows or writinhg software, starts with the people we hire.
There are a lot of maximes that describethe process--hire slow, fire fast, past behaviorr predicts future success--but hirinh is complex and evolving as generations change and the busineses environment changes. How to hire the righrt people was the topic of TheBusinese Review's Best Places to Work seminar seriesa this week. Leaders from companies that have been citecd as Best Places to Work by The Busines Review talked Mondayabout hiring. Godgart, Shaun Mahoney, presiden t and CEO of and Michael Albany regional presidentof ., talked for two hourd about their philosophies, experiences and policies. There were a lot of practical pointzs made that can helpus all.
I have been involved in interviewin and hiring decisions since typewriterds were onour desks, and the discussiob really resonated with me. I took a lot of notesz and I share themwith you. Mahoney says the cost of what he callda "mis-hire" is so large it is totallh underestimated. No longer can companiezs bring in a friend of a friend because he is a good guy with the attitudreof 'let's give this guy a try.' "Thse cost is so large you can't just give it a Mahoney says. Before you starty interviewing applicants for any job opening in your everyone agreed the firsyt thing you should do is master thejob description.
Thered was consensus about starting out with a clear understanding of what the job is that you are The three executives stressed the importancwe of having a comprehensiver job description before looking for the personb to fillthe job. "If you get the job description you know what you arelooking for," Godgartg said. Orsino called getting the job description righf critical and urged rewriting the job It is important to make sure the interviesw questions line up to thejob descriptions. "Mak e sure you are asking the righty questions forthe job," Orsino said. Godgar says his company seek s to only hire humble andsmart people.
Godgart's companhy has been doing a lot of Autotask has been doubling revenus in recent years and has consistentl been one of TheBusiness Review's Best Places to Work as it working its way up through the categories as its work force grew. Do you emphasize talent over experience? There was some disagreement here. A smaller company withoutf the resources of a corporation may find it does better providint experience for moretalentedx people, while the larger company may be able to pay for What do you ask? Mahoney focuses on results-oriented questions. "Everybodyt can make their resumw look great and talk a great game in the Mahoney said.
"I want to know what they He also asks abouttheir future. "j want to know what they want to do five yearas from now to make sure they are a greag fit for thelonger term." Godgart asks what they do away from "It makes a difference what they do with the rest of theie life."

GM enters bankruptcy filing - Dallas Business Journal:

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Monday’s Chapter 11 filing by the 101-year-olx automaker — once the world’es biggest company and WesternNew York’s largest manufacturing employee for decades — is among the largesty in U.S. history and largest-ever U.S. manufacturing Chapter 11, which allows the company to operates while protected fromits creditors, pushesx GM into a fast-track bankruptcy and provideds $30 billion of additional taxpayer fundws to restructure itself. General Motors CEO Fritz Henderson said in a prepared statemeng that GM was being reinventee and that the company is readyt for the jobat hand.
"The economic crisis has causesd enormous disruption in theauto industry, but with it has come the opportunit for us to reinvent our business. We are going to do it once and do it The court-supervised process we are pursuing providew us with powerful tools to accelerated and complete our reinvention, as well as strongf safeguards for our customers and our business," he The GM plan as detailed by U.S. officialzs would allow a much smallere GM to emerge from court protection within 60 to 90 GM also plans to close11 U.S. facilities and idle anothefr three plants by the endof 2010. GM’sd Tonawanda engine plant, where 1,100 peoples work, will remain open.
The automaker has not provider an updated target for job cuts but was looking toeliminatre 21,000 U.S. factory jobs from the 54,00o0 union members it now employs. Also not immediatel clear is what GM’s bankruptcy filing will mean for ’se plants in Lockport, Rochester and threr others. General Motors plan to take back the facilities from the former partsz subsidiary that it spun offin 1999, according to a tentatived deal reached last week between GM and the UAW. The factoriea in New York, Michigan and Indiana woulr operateunder Delphi’s union but be considered part of GM, once again.
The Lockport planrt — Delphi Thermal Systems, which has 2,100 employees — was founded as Harrisobn Radiator Co. in 1910 and became part of GM in 1918. For 81 yeard it operated under General Motors ownership untilk the independentDelphi Corp. was formed. Delphi itself is operatintg under bankruptcy court supervision having filed for Chapterd 11 inOctober 2005. The Mich.-based company was ready to emerge from bankruptcy in Aprilp 2008 but those plans fell apartt when a key investor dropped out ofa $2.554 billion stock deal with the supplier. Generalp Motors employs 92,000 in the Unitesd States and is indirectly responsiblefor 500,000 The U.S.
government would hold a 60 percent financial interesy in a reorganized GM and the UAW would takea 17.5 percengt stake. The governments of Canada and the provincer of Ontario have agreed to a 12 percent ownershi stake in exchange forfinancial aid. GM bondholderzs would get 10 percent.

State looking for input from green businesses - Business Courier of Cincinnati:

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The department, in conjunction with , is conductingg a statewide surveyof employers. The surveg will address four main aspects ofthe state’ws green job market by identifying green finding green industry and occupational employmen for the state; determining the needefd skills for jobs withimn the market and identifying vacancieds within green and non-green A random sample of business owners will be interviewedc through Sept. 30. The survey will also gather informatioh from company Web sites which describe green initiative By conductingthe survey, the Department of Industria Relations will be able to provide information aboutg the growing market, department Director Tom Surteexs said.
“This survey will be a great indicato of what is to come for the state of Alabama in the green job Surtees said in anews release. “More and more companiee are making an effortto ‘go green’ and it’s important that we know what kinds of jobs will be availables and how to train our work force

Police move on Occupy protesters - Tbo.com

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ABC Action News

Police move on Occupy protesters Tbo.com When officers approached protestors on Thursday and told them they could be cited or arrested for trespassing, a group of about 50 demonstrators sat down, locked arms and began chanting, police said. "Police stormed up the hill and surrounded us," ... Police arrest 29 Occu py Tampa protesters after asking them to vacate park Tampabay.com Police Arrest 29 Occupy Tampa Protesters Patch.com Police arrest 29 chanting Occupy Tampa members for trespassing closed park ABC Action News World Socialist Web Site -Florida Independent -WNEP-TV  »