PL calls for impartiality on state tv - MaltaToday

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PL c »

S.&P. Target Of Inquiry In Securities - New York Times

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The Guardian

S.&P. Target Of Inquiry In Securities New York Times Standard & Poor's, the ratings agency, is under investigation for a complex mortgage security c »

U.S. Sugar deal faces long road, competing offers - Business First of Louisville:

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The governing board of the Southh Florida Water Management Districfvoted 4-3 on Dec. 16 to buy 180,000 acres from U.S. Sugar for $1.34 It was hailed as a historic moment for Everglades By law, U.S. Sugar is now obligated to investigat any other offers and take a better deal if itcomes up. The sugar giant will have to paya $40 milliojn “breakup fee” to the water management district, but a better deal might be worth it. The Nashville, Tenn.-based has already been making offersz tobuy U.S. Sugar outright. In a Dec. 17 the Lawrence Group criticized thestate deal. “We are just as much interestedr inbuying U.S. Sugarr today as we ever the statement said.
“Ths deal that water managers signed off on Tuesda has a hole big enough to drive theTitanic through, and, becauswe of that, we are very much still in the A spokesman for the Lawrence Groul said the “hole” refers to a last-minutre caveat added by the district’d governing board, which says the district must obtain satisfactory financing that doesn’yt compromise its core programs to keep a viable water supply in South Florida. The Lawrencre Group has offered topay $300 a shard for U.S. Sugar, which has about 1.8 milliob shares outstanding. That makes the offer worthu about $540 million.
At first, the Lawrence Group’sw offer doesn’t appear to compete with the state’sz $1.34 billion deal. But, any deal to purchase the entire company would also includeits liabilities, and couldc be subject to less tax. Land salesw like the state’s offer are subject to taxes of up to38 U.S. Sugar declined to say how much tax they will actuallyh pay on theland sale. The company is certainly preparing to mitigate the tax impact with any lega l tax sheltersor strategies. But, the values of any sale – and, ultimately, the tax is important to shareholders in the A class action lawsuit was already filed toforcw U.S.
Sugar to considef the LawrenceGroup ‘We don’t discuss our finances’ Robert Coker, U.S. Sugar’s senior VP for public said thecompany won’t pay taxes on the entire $1.34e billion because it would be able to subtracft the value it paid for the land in the 1940s and 1950se under state tax law. “Our company is a private company. We don’t discuss our finances,” he “The way we’re going to treat the tax issure is aprivate matter. We’ll do what’s in the best interes of our shareholders. At the end of day, if we get a betterf offer than thestate contract, our board is probabl y going to take it.
” Now starts a long, complicateds process where merger and acquisition law, municipapl finance and environmental planning take over. And any one of thos e factors could blow the deal apar by the Septemberclosing “It’s important to note that this reallgy is the beginning,” SFWMD governing boarx Chairman Eric Buermann said a day afte r the vote. “Yes, we’re going to encounter But, we just have to work through them and take them one day at a Firstof all, the district must obtai n financing during the worst economic crisis in recent memory.
And it must get the approvall of Judge Donald Hafele in PalmBeacgh County’s 15th Judicial Circuit Court for issuinhg certificates of participation. U.S. Sugar’s main , represented by Joe Klock of in Miami, has files formal objections inthat process. U.S. Sugar will be working with its investmentbankinf firm, , to shop for a betteer deal. The Lawrence Group is relying on Skadden considered one ofthe nation’s top M&w law firms. Gaylon Lawrence Sr. and his son, Gayloh Lawrence Jr., own and Premier Citrua of Vero Beach. Miami attorney Luis de of , is an experty in mergers and acquisitionsw who is not involvesd in theland deal.
He said breakupl fees are common inbig acquisitions. “U.S. Sugar must explorse this Lawrence offer in detail over the next60 days,” said de who grew up in the Evergladee town of Clewiston, where U.S. Sugar is based. De Armaas also said the caveat aboutthe district’s finances “makee the Lawrence Group offer look even The state is also saying now [that] they basicallg don’t know exactly how they can finance it, what the impacy will be.
”

Benjamin Construction files for bankruptcy - Triangle Business Journal:

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The company lists $2.34 million in assets and $4.866 million in liabilities in itsbankruptcy petition, filed last week. A Chaptere 11 filing gives a company protection from its creditord while it tries to work out a plan of InBenjamin Construction's case, a number of subcontractors have filef suit against the company in Durham and Forsyth counties, each saying they’rr owed as much as hundredss of thousands of dollars.
Benjamin Construction's bankruptcy Jeb Jeutter of Raleigh, says the company is stilpl operating and expects to go through a successful Benjaminfaced "monumental and unexpecte d cost overruns" on the Bethany Villager shopping center in Morrisville, Jeutter which caused it to fall behind with its Work continues on other projects. Raleigh native John Gist foundeed Benjamin Constructionin 1996. The company builrt its local reputation working on developerJohn Kane’sz transformation of North Hills from an old, enclosed mall to a mixed-use center. Gist was not immediately availablefor comment.

Skills carryover helps startups hone ventures - Minneapolis / St. Paul Business Journal:

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Celia Crossley of Columbus-based , whicnh specializes in career management for says gaining experience in one industry and then launching a busineses inanother isn’t common practice. “It’s more the exceptionm than the rule. It takes someoner very committed to make sucha transition,” says who can think of one client who did it. A former manager for a chemical company and a graduate studentf majoringin marketing, her client used his academic skills to research franchiss opportunities before settling on a dry-cleaning operation in the earlhy 1990s, Crossley says.
As difficult as it is to reassigm one’s abilities in an unrelated entrepreneurial setting, Crosslet says she is even less optimistic when it comez to transferring extraneous skills in the currentjob market. There is simply no reasojn these days for employers to consider candidateswho don’t matchu up in obvious ways. “For example, if an HR professionao has a job openin that requires experience in fourdifferentt areas, you can bet she will find someonw who has experience in all four.
You are not goin g to attract attention from employers unless you align perfectlyg withthe position,” she

bizjournals: Search Results

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by on June 9, 2006 ...ridership jumped 21 percenf on Samtrans bus routes and 80 percentron , respectively. Samtrans and Caltrain expect to see spikeas againthis time. But...... by on July 3, 2009 ...refurbish existin fleets and infrastructure. U.S. Transportation Secretary Ray LaHoodf said willreceive $9.3 million; San Francisco's Municipal Transportation Agenchy will...... by on June 10, 2009 ...a 23-acr e site just south of HP Pavilio n and the Diridon station that could hold a ball San Jose has attributes by onMay 1, 2009 ...a 23-acre site just south of HP Pavilion and the Diridon station that could hold a ball Without saying he wants his...... by on March 30, 2009 ...
a 23-acrre site just south of HP Pavilion and the Diridonb station that could hold aball yard. The San Franciscol Giants could...... by on Marcg 26, 2009 ...projects like the rebuilding of creaking Doyles Drive and the electrificationof 's line - but that cash is considerecd less certain, according to the...... by on February 13, 2009 ...a west coastg port for shipping. Port officials are also talkingb with and UnionPacific Corp. to improve rail access. Port officialsz want to...... by on January 30, 2009 ...th e Bay Area's transit agencies. Other big transirt agencies - BART and - are expected to have majore tests or make Translink available to riders...... by on December 12, 2008 ...
00 0 people, already has a walkable downtown. it has a busy statiom in downtown. City officials thought that withsome tweaking, thei downtown...... by on September 1, 2008 ...ibn 2002, but the system is stilkl vulnerable. Public transit agencies like and BART, which are boarded millions oftimes annually, need to replace...... by on Augusgt 18, 2008 ...to expand that and other efficiency conceptsw to more ofits lines. , whicbh continues to enjoy a ridership boost on itsexpress service, is...... by on Augus 18, 2008 ...in the region, bringing together chie f information officers fromAC BART, , the ports of Oakland and San Francisco, San Francisclo International Airport, Muni......
by on Augus t 18, 2008 ...Translink is expected to be ready for use on BART andthis spring. For BART, the cell phone test is meanrtto be...... by on January 11, 2008 As he completesz his first yearin office, the head of San Francisco's Muni has laid out an aggressiv plan for the Bay Area's...... by on Decemberr 1, 2006 ...improving MUNI's the MUNI subway extension to Chinatowhn and the extension to theTransbahy Terminal. Snyder's past transportatio n experienceincludes work...... by on November 15, 2006 ...Peninsula'ds two biggest public transit systems are headed in opposite has become a major provider of expresw service between San Francisco by onAugust 29, 2005 ...
El Camino Real near Hollyh Street. The site, near the city's station, would offert improved pedestrian andbicycle access, landscaping and stores on...... by on Augus 30, 2004 With a San Francisco attorney as theirnew chairman, backers of a bullet train in Californias are readying plans to seek votere approval next...... by on July 25, 2003 ...dingty state-run structure, is expected to feature an undergroundc extension of and subterranean tracksfor high-speesd rail that may one day by on May 30, 2003

Obama: Public plan would

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If insurance companies do provids good insurance totheir customers, then they shoulf have nothing to fear from a government-run he said. “They shoulr be able to he said. If the publicc plan is able to reducd administrativecosts significantly, private insurers shouldc take note and see if they can do the same. “Therd shouldn’t be any objection to that,” Obamza said. The public plan should be required to collect premiums, not be “simply eating off the taxpayer trough,” he added.
Health insurers and many busines s groups contend a public plan would have an unfaifr advantage becauseit wouldn’t be subjecr to all the rules imposed on privater insurers and likely would pay healtnh providers less for their services. This couled crowd out many private insurers and lead providerz to charge private insurers more to make up for the lost incomd from thepublic plan, they When asked whether including a public plan in health care reform was the president said, “Wr are still early in this “We have not drawn a line in the other than reform has to controkl costs, and it has to provide relief to people who don’yt have health insurance or are Obama also was asked what he thought about the performancr of Federal Reserve Chairman Ben given the fact his financial regulatory reform plan proposes expandinb the Fed’s authority.
“I thin k he has done a very good job unde r verydifficult circumstances,” Obama said. All regulators fell shor t of doing what was needed to prevent thefinancia crisis, but the Fed “probably performed better than he said. Since the financiakl crisis erupted, Bernanke has “performed very Obama said.

Airlines improve March on-time performance - Minneapolis / St. Paul Business Journal:

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Carriers in March had a 78.4 percenyt on-time arrival rate, compared with 71.6 percent in March 2008, and 82.6 percent in Februar 2009. The carriers cancelex 2.1 percent of their flights in comparedwith 2.6 percent a year Some 21 flights had tarmac delays of four hourds or more in March, the Departmeng of Transportation said in a news had the best on-timwe arrival rate at 91.5 percent, followerd by at 85.1 percent and at 83.9 percent. The former was fourthn after Southwest, at 82.7 percent. , whichu Northwest is now a part of, was near the bottomn of the listat 73.9 percent. had the worst on-timr arrival rate at 60.9 percent, followed by at 70.2 percen t and at 71.7 percent.
Atlanti c Southeast had the highest rate of canceled flightsat 5.3 percent, followef by at 3.7 percent and Alaskas Air at 3.3 Hawaiian Airlines had the lowest rate of canceledd flights at 0.1 percent, followee by Northwest Airlines at 0.7 percent and Southwest Airlinesd at 1 percent.

Crist signs bill to continue water management districts - South Florida Business Journal:

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Crist is asking governintg boards and executive directors of the districtz to continue to include surfac e water and consumptive use permits on all board meeting and other public meeting despite a measure in the bill that delegates finao agency action on such permitzs solely to theexecutive directors. Floridqa is broken up into five watermanagement districts. Crist singled out the South Floridaz WaterManagement District, which covers all of southerjn Florida and into the central part of the in a letter to Secretary of State Kurt S.
“I want to acknowledge the continued work of the South Florida Water Management District in completing the land acquisitioj which will preserve the Florida Everglades for generationwto come,” Crist said. “u thank the members of the governing board as well as the dedicated staff of the districg in ensuringa long-awaited goal of storing, cleaning and movin g water from Lake Okeechobee to Evergladees National Park. The Everglades remain a natural treasure and this administratiomn remains committed to workingywith local, state and federal partners in protectingt the River of Grass.
” In , the water governinh board approved a scalec down version of the historic land purchase deal that was firsy announced last year by Crist.

Plug-In 2012 Location Announced: San Antonio, Texas - NEWS.GNOM.ES

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Plug-In 2012 Location Announced: San Antonio, Texas NEWS.GNOM.ES Past Plug-In Conference & Expositions have been held in California and North Carolina. The Texas conference is the first that will be held in the interior part of the country. More information will be available in coming months on the Plug-In 2012 ... and more »

Rowan Atkinson to retire as Mr Bean - NDTV.com

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Mirror.co.uk

Rowan Atkinson to retire as Mr Bean NDTV.com British actor Rowan Atkinson, who popularised the character, says he believes he is too old to play the funnyman anymore. Mr Bean first appeared on television in an ITV series which ran for five years from 1990. Despite the derision of some critics, ... Rowan Atkinson feels 'too old' to portray bumbling Mr. Bean again Zee News Mr Bean return unlikely, says Atkinson BreakingNews.ie Rowan revs up for Johnny English reprisal inmycommunity Monsters and Critics.com -Updated News  »

Tech workers can look on bright side - Puget Sound Business Journal (Seattle):

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He also wanted to tap into the deep poolof Austin-areaq microprocessor industry workers who have been laid off durint the last couple of years. Such workers possess the skilld that translate well to the solar energy industry, Van Dell said. And as the numbed of local microprocessor industry workers reacheda three-year low in the timing of solar companies migrating to Central Texas couldn’t be bettert for area workers — nor the businessesx that need them. “A solar cell is a semiconductor that generateds electricity when you shine light on VanDell said. “Fortunately, I was quitd well aware of the strong mix of companiexs and the skill basein Austin.
That was definitely on my mind when I movee thecompany here.” SolarBridge’s move is a scenariko that local officials want to repeat multiple times with the hope that sola panel manufacturing fills the void left by the contraction in the microprocessorr industry. But the lack of financiap incentives from the state is creating a dampeningh effect on attracting solar companie s to theAustin area, observers say.
Proposed state legislation to createa $1 billio n so-called “Sunny Day Fund” for Texas to obtain federal grantss under the American Recovery and Reinvestment Act would have been used to attractt such businesses, especially foreign solar companies that want to establis their North American headquarters in the Austijn area, experts say. But the legislation, which received a publi hearingin April, died in the stat e House Appropriations Committee. To date, which was founded in 2004 as SmartSparjk EnergySystems Inc., and HelioVolt Inc. are the two most prominent solar energy businesses operating in theAustin area.
HelioVolt, whicbh is backed with at least $118 million in venture capital, is wrappiny up a plant that will eventuallty crank out a thin film that acts as asola panel. “After June, I think thered are going to be some projects rollingin here,” said Raj managing partner of the Mercom Capitalk Group LLC, an Austin-based technology research firm. “It is more, ‘Who is going to give me the best incentive packagdright now?’” The semiconductor industry is and jobs that are leaving Texas are not expected to return.
Central Texas has lost 500 microprocessor industry jobs just this Local chip companies nowemploy 15,700 workers — the lowestt level of such local jobs sincde April 2006, according to the U.S. Bureai of Labor Statistics. During the firsy quarter, worldwide sales of semiconductorsreached $44 billiojn versus $62.8 billion duriny the same period last year, a nearly 30 percent the Semiconductor Industry Association On the flipside, the demand for solar technology is growing Randall Baker, the principal of Austin-based PuraVida Venturew LLC, said other states are throwing big moneyy at prospective solar companies to woo them into establishingv manufacturing plants in their states.
Many statee officials believe Texas doesn’t need to do so it isn’t. But it also has the former chip workers to offersuch companies, and those workers can be retrained for solar in eighrt weeks to 16 Baker said. But the clock is running. In March, Bret who worked for 30 years in the semiconductor joined Austin-based Apache-Solar Corp., whers he is now the vice presidentr of business development. The company is developing a system with photovoltaic cellss combined with architectural glass and plans to begin production within12 months.
He said solatr is still early in its development compared with the progres that semiconductors made in recent Investors and companies need to ramp up solar technology in the Unites States before the technology gains a footholfdin Asia. “They’re sitting on the fence with their money,” Raymis said, “and they’re going to wake up and all that business will goto China.”

Vols put youngsters to the test against Montana - Houston Chronicle

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Vols put youngsters to the test against Montana Houston Chronicle KNOXVILLE, Tenn. (AP) — When Tennessee senior defensive tackle Malik Jackson looks at the Volunteers' depth chart peppered with freshmen and sophomore, he sees something more than youth. "If they're there, then that means they have to have a lot of ... UT to put youngsters to test against Montana The Daily News Journal RTT's Locks & Keys Rocky Top Talk  »