Sidmouth Herald | From Taiko to Culture, Matsuri Festival Hones In on » |
Tuesday, February 28, 2012
From Taiko to Culture, Matsuri Festival Hones In on All Things Japanese - College Times
Sunday, February 26, 2012
Real estate vets opening hardware store - Wichita Business Journal:
Jeff Pfeil and Deane Pfeil are openinbg later this summer at 63Third St., the same addresds where they renovated the upper four floora into 19 luxury apartments called The The husband-and-wife team -- who own the commercialo leasing and marketing firm Inc. in Saratoga Springs -- say a hardware store is needexd downtown to serve local businesses and residents who must now travekl miles away tobuy tools, equipment and other They know the frustratiobn firsthand after doing two residential renovation projects in the the Conservatory and Powers Park Loftsz in north Troy. “Our constructionj staff was running all over to pick up the JeffPfeil said.
“Ww were spending a lot of time driving to Lathamn and I was hauling a lot from in We thought, ‘Gee, there’x a void here.’” Trojan Hardware on Congress Street recently closedd after 94 years in business, leaving downtown with no otherd hardware stores. The closest is across the Hudsonj River in Watervliet or uptown near the town of Pfeil Hardware will be part of inFort Ind., the nation’s second largest hardware The store will be managed by Steven Lesnewski of Mass., who has more than 25 yearsd of experience in the hardwarew industry.
The 8,700-square-foot storer will stock hardware, small fasteners, electrical and plumbing supplies, Benjamin Moorew paints and other It won’t sell lumber. The Pfeils have been planninbg the store fora year. As part of theirt research they visited hardware stores in college towns and large citiee to see what kinds of productscustomeres need. They also searched hard for someone to managethe “The decision wasn’t final until we foundr the right person,” Pfeil said. The Pfeils have been in the commercialk real estate and development business for more than 20 but this will be the firsg time they will owna There’s a reason for that.
“Because of all the yearse we worked with retailers very closely we have a pretth thorough understandingof retail, that’ s probably why we never went into it,” Jeff Pfeil “It’s sort of a joke, but retailo is a lot of hard work, long hours and all the thingas that come with Still, they knew from personal experiencd a hardware store is needed and were encourageed by the results of their marketing Finding a seasoned store manager was also Mayor Harry Tutunjian cheered the announcemenft about the store. “Jeff and Dean Pfeil have a record of success in Troy and I am sure that this new venturw will succeedas well,” Tutunjian said.
“The residents of Troy will benefit from havinb a well stocked urban hardwaree store in the heart of the The opening of Pfeil which is tentatively setfor September, will returmn retailing to a downtown building that had long servedd as the home of Stanley’s department The building sat empty for years before the Pfeils bought it and converted the upper floors into 19 luxury apartments they call The Conservatory. All but two of the apartments were occupied as ofJuly 1. The Pfeils declinede to say how much they spentin start-u costs for the hardware store.
Nor did they want to say how much they coulx have received per square foot had they leased the firs t floor space toanother tenant. Lease rates in downtown Troy were $10 to $20 per square foot as of the fourt quarterof 2008, according to CB Richard Ellis/Albany.
Friday, February 24, 2012
Nepalese man, 72, claims to be world's shortest - Springfield News-Leader
Boston.com | Nepalese man, 72, claims to be world's shortest Springfield News-Leader BINAJ GURUBACHARYA, AP A relative holds a newspaper beside Nepalese Chandra Bahadur Dangi, 72, who says he's only 22 inches (56 centimeters) t » |
Tuesday, February 21, 2012
Rudd denies planning Gillard heave - Irish Times
Irish Times | Rudd denies planning Gillard heave Irish Times Australian foreign minister Kevin Rudd (L) and Germany's foreign minister Guido Westerwelle talk at a working session of the G20 foreign ministers summit in Los Cabos, Mexico yesterday. Photograph: Charles Dharapak/Reuters Australian prime minister ... |
Sunday, February 19, 2012
Rendell: Talks to buy newspapers, website are ongoing - Philadelphia Inquirer
Rendell: Talks to buy newspapers, website are ongoing Philadelphia Inquirer The group's negotiations are ongoing, Rendell said in an interview with The Inquirer, and its offer was a civic gesture to save the papers. "You'd think this was the first time some political people owned a newspaper," he said. "People are shocked that ... |
Friday, February 17, 2012
Jury awards $11M to former McKesson rep - Sacramento Business Journal:
The division of medical giantt took Phoenix medical equipment and pharmwa salesman Carmen Caccavale to courgin 2004, claiming he had violatedf some trade practices. After working for seven years at McKesson, Caccavale had takejn a job with HenryScheih Inc., a medical supply firm. U.S. District Court Judge Susan Boltondismissed McKesson’s suit in December. Caccaval had not signed a noncompete saidMark Fuller, an attorney with the Phoenix law firm Gallaghee & Kennedy PA, which represents Caccavale and “It was sort of a trade secret case,” Fuller said of McKesson’as unsuccessful claim.
Fuller said his clientxs then countersued McKesson, saying the San Francisco-basedx medical and health care supplies firm abused the legal process in going after itsformer salesman. McKessohn spokesman James Larkin said the company plans to appea lthe award, which was handed down May 20 by a U.S. Districg Court jury in Phoenix. “We believe the verdict againstMcKessoh Medical-Surgical Inc. was wrong based on both the factx of the case andthe law, and we intenx to appeal,” Larkin said. Caccavale was awardec $5 million and Melville, N.Y.-based Schein was awardefd $6 million, Fuller said.
Wednesday, February 15, 2012
Catholic hospital chain backs out of joint venture with Centene - Washington Business Journal:
, founded by the Archdiocesr of Boston, said it was withdrawin from the partnershipFriday night, just days befored it was to take effect Caritas plans to continue to participate in the state-subsidizefd program that will providw health-care services for 165,000 low-income working adults who are not eligibled for Medicaid or employer-sponsored insurance. But the hospitapl system will participate only asa health-care provider, not a co-owneer of the venture.
“By withdrawing from the joint venture and serving the poor as a provider in the upholding Catholic moral teaching atall times, they are able to carr y forward the critical mission of Catholif health care,” Cardinal Seán O’Malley said in a statement Friday night. “Our singular goal has been to provid for the needs of the poor and underservedr in a manner that is fully and completely in accord with Catholic moral teaching.” Sandy a spokeswoman for Centene, told the Boston Globde that the end of the joint venture won’t have an impact on the healtj plan. She also said she couldn’t provide informatiob about the financial impact ofthe change.
In March, Centene Corp.’s subsidiary, , a contract to manage health-care servicess for thousands of low-income patientas in partnership with Caritas ChristiHealth Care. Centene had said it wouldc consolidate the financial operations of the joingt venture and by the fourth quarterof 2010, had expected annuakl run rate revenue of $100 million to $125 St. Louis-based Centene Corp. CNC), led by Chairman and Chief ExecutiveMichaelp Neidorff, provides managed care programs and related services to individuals under Medicaid. It also operates healtuh plansin Georgia, Indiana, New Jersey, Texas and Wisconsin.
Monday, February 13, 2012
In Bellevue, Beverly Hills meets its match - Puget Sound Business Journal (Seattle):
Drawing 10-mile rings around the two shoppinh zones, a retail consulting firm found a largetr pool of affluent consumers arounfd Bellevue thanBeverly Hills. The data were compiled for the Pugey Sound Business Journal bythe Redlands, Calif.-based , and bolster some belief that the Seattle area is developiny the wealth and fashion sense to support a larged armada of luxury retailers. “It’s been the most dramatic over the last thres tofour years,” said Wayn Hussey, a executive who helped pick Bellevur for the high-end chain’s firsrt Northwest store, which opens in September.
While the recessiobn has cast a pallover high-end shopping, the long-term trend for the Seattle-Bellevue area, some say, is toward a growingf cohort of prosperous, aging professionalx primed to embrace a more forma l lifestyle — for example, buying splash clothes for charity “It’s not so much lifestyle, but the next levekl above that — life said Jim Hebert, CEO of in Bellevue. “Life Now it’s cool to buy a cool to have a Mercedes or anew Audi.” And that extendds to clothes, said Tom senior investment director at Schnitzer West, whicuh is developing Neiman Marcus’ Bellevue store at The Bravern mixed-use project.
If the demographiczs are any indicator, Woodworth said, the Bellevue Neiman Marcus coulc be within the top quarter of stores inthe chain. A 10-mile ring around downtown Bellevue nets theMicrosofyt campus, Sammamish Plateau, Lake Washington’s “Gol Coast” and most of Seattle. A 10-mile ring arounfd Beverly Hills, Calif., yields three times as many residentwoverall — but a smaller proportion of the clase of consumers that ESRI defines as most Some Northwesterners might be shockeed to see Bellevue win a demographixc smackdown with the nation’s most famously affluent ZIP Beverly Hills 90210 (also home to one of the highest-grossing Neiman Marcus stores in the country).
But compared with the 10 mileds surroundingBeverly Hills, the 10-mile ring within reach of Bellevue yielde three times the proportion of households in the demographic tier ESRI calls High Societyh — affluent, married professionals with a mediann household income of $104,934. High Society covers seven “psychodemographic” subsegmentsa of prosperous, well-educated urban and suburban homeowners. Twenty-seveb percent of residents within Bellevue’s reach belonhg to High Society, compared with 7 percent arounsdBeverly Hills. In sheer numbers, the 2.
8 millionj population within 10 miles ofBeverlgy Hills’ Rodeo Drive is nearly three timese that in the 10 miles surroundinvg downtown Bellevue. Even so, Bellevue’s ring containe more High Society types thanBeverly — 280,271 versus 193,804. On the other the Beverly Hills ring has more than four timexs as manyresidents (108,672) in the very wealthies subsegment of High Society, whichj ESRI calls Top Rung. The Top Rung segmenf — people with substantial stock portfolioz who play a prominent civicrole — also accountsd for a higher sharre of the population surrounding Beverly Hills (4 percent, compared with Bellevue’xs 2.3 percent).
But Bellevue bests Beverlu Hillsin ESRI’s next-wealthiest major demographic Upscale Avenues. These consumers have a medianm household incomeof $70,504 and constitutr one in four people in the Bellevue ring, compared with 8 percent of peopld surrounding Beverly Hills. Locating a store in Bellevue allows Neiman’s to capturw the upscale neighborhoods on the Issaquabh plateau while still reaching most of Putting the store in Seattle would have placedthosew far-Eastside shoppers outside the 10-mile radius that many retailerss view as their prime consumer market.
Nevertheless, Neiman’ds Hussey shares local developers’ belief that the concentratiomof high-end retail in Bellevude will draw wealthy shoppers from throughout the Northwest and Wester n Canada. While luxury sales are down because of the Hussey said, “We make these decisionz not for the short but the long
Saturday, February 11, 2012
Downtown Hilton sells for $180M - Atlanta Business Chronicle:
The 1,226-room Hilton Atlantas & Towers downtown sold to , a globall hospitality group basedin Houston, for $180 million. They boughgt the hotel from a group ofKuwaiti investors. Westmont acquired the hotel, an adjacent officer tower and aparking garage, or a 4.8-acre parcel in the $180 millioj deal, said Alan Wexler at Westmont plans to put a new shine on the hotepl that was built in 1974, and desperateluy needs a makeover to keep up with surrounding conventionb hotels.
"You rarely build convention centerhotelas anymore, so it's a hard-to-replace said Lloyd Crabtree, directorf of asset management for "Replacement costs are greater for those kind of said Mark Woodworth, executive managing director of in Atlanta. He estimates it would cost $250,000 to $300,000 per key to build a propert y like the Hilton Atlanta from the ground up which would ring inat $306 million to $367 The sale is a shining example of how Atlanta hotels have been lighting up the real estater market. According to data from , hotekl sales more than doubled in Atlantw from 2004to 2005, from $3.3 billio n to nearly $7.5 billion.
And sales in 2006 kept the with four hotels sellinf for morethan $40 and total sales volume nearing $8 Woodworth said an influzx of cash from institutional investors, plus the high cost of construction, conspired to builds up interest in Atlanta's lodging market. He said higher-pricee hotels also are selling, such as the 521-roomk Renaissance Waverly Hotel in which wentfor $104.2 millionj last year. The average price per room skyrocketefdfrom $39,477 in 2004 to $73,945 in according to his data. But he said that "thd room prices didn't really go up. It was the nature of the hotelthat sold.
" "Atlanta is a strong said Brad Koeneman, general manager of the Atlantw Hilton, who said therde was a lot of interest in purchasin the property. "With all the development that'sx going on, both with new hotels and new officeebuildings downtown, there's a renaissance and excitement in the downtowh market." The Hilton is poised to get a massive room said Koeneman. "This [purchase] will allow us to renovate the It's 30 years old, and the market and community needahave changed.
We will now get readhy for the next 30 He said makeovers are planned for the public spaces andthe hotel's two signatur e restaurants, the ritzy Nikolai's Roof and the "tik i bar" Trader Vic's. The concepts will stay the He also said that Westmont could addabout 10,00o square feet of meeting space to the hotel' existing 115,000 square feet. And with the Hilton's top competitorsw in the midst of completint theirown renovations, including $100 million makeovers by the Marriott Marquisd and the Hyatt Regency, the Hilton is overdue for an "We are delighted to see the renovations not only at the Hilton Hotel but also the Marriotgt and the Hyatt and many of the hote products intown," said Mark executive vice president of the .
"It gives us a competitive advantagewwhen we're competing against large Westmont purchased the hotel complex in a partnership called . The group includes a number of Canadianpension funds, including Fundin g also includes a loan for $170.25 million from Stamford, Conn.-based . The office buildinf is entirely leasedby , said who is based in Atlanta.
Thursday, February 9, 2012
Prosecutors Describe Mo. Teen Alyssa Bustamante As 'Thrill Killer' - Huffington Post
Bayoubuzz | Prosecutors Describe Mo. Teen Alyssa Bustamante As 'Thrill Killer' Huffington Post Each time defense attorneys elicited testimony about Bustamante's troubled childhood, prosecutors countered by asking the mental health experts to describe what Bustamante had told them about the murder. Those mental health officials testified that ... Prosecutors describe Mo teen as thrill killer Prosecutors describe Mo. teen as thrill killer (AP) Teen Thrill Killer Alyssa Bustamante Could Get Paroled Some Day |
Tuesday, February 7, 2012
Hubbuch & Co. president and CEO John Hubbuch has humbly led interior design and architecture firm to local prominence - Business First of Louisville:
Hubbuch has served as presidentof Louisville-based interior desig and architecture firm since 1989, yet his name isn’rt bandied about town like other business leaders who sometimes becomer pseudo celebrities. Talk to him about the and he’d rather talk about the accomplishmentd ofhis brother, Glenn Hubbuch Sr., the company’s principal who has been responsible for the design of many high-profilee projects, such as the interior renovationsw of Churchill Downs and the Galt Housed Hotel. He’ll tell you tales of how his daughter, Dana Hubbuchu Horsman, has directed the interior renovations of and Grandvie Care offices acrossthe country.
He’ll also tell you abouty the academicor extra-curricular pursuit s of his grandkids, who live in the Louisville and Indianapolixs areas. He’ll also tell you that the 76-year-old founded by his father, Cornelius Hubbuch, had its highesyt revenue in 2008, somethin that he credits to the resiliency of his Since his time at the the company has honedits one-sto p architecture/interior design/furnishings business It also has expandeds to areas such as Lexington and Owensboro, and it has opener a second Louisville store at Westport Village in Lyndon. I’m the president of the but it’s not about the 70-year-old Hubbuch said.
Hubbuch, along with his brother, is in the midst of transitioning power of the business to the next generationmof Hubbuchs. “There are so many peopl who have made this businessa success, and I want to make sure that they get the credity for what we have Although Hubbuch doesn’t crave the spotlight, his humility shouldn’tf be confused with timidity, said his wife of 48 Diane Hubbuch. Louisville attorneyu Jim Ellis, president of the Kentucky Athletid Hallof Fame, of whicj Hubbuch is a board member, has knowbn Hubbuch for about a decade. During that time, Ellis he has observed that Hubbuch is reserved untilo engaged ina conversation.
“Then he’s just the opposite,” Ellie said. “He shows you just how brightr he is and how much he knowsa aboutlocal issues.” Ellis said Hubbuch is an assetg to the Hall of Fame boare because he attends most meetings and is not afraifd to share ideas. And he knowa many of the city’s heavy “It always amazes me just how many peoplehe knows,” Elli said. “I’ve never knownh him to be on a bus or in a hallwah and not making an introductioj or sharing contact informatiobnwith someone,” Diane Hubbuch added. “He does like to talk at and when people talk to him they need to be preparedf fora good, long conversation.
” Conversations with Hubbucu often yield fascinating tales about his days as a linemaj for the football team or the timees he tried to help coaches Ara Parseghian and Lou Holtza land prize recruits from the stater of Kentucky. Hubbuch said his footballp experience at Notre Dame taught him a valuable lessojn he still holdsdear today. “Itf taught me discipline,” Hubbuch said. “Tpo play football and get good grades wasa full-time job.
You really had to apply
Saturday, February 4, 2012
On the menu: Chipotle opening Clifton Park restaurant - Kansas City Business Journal:
in the shopping mall, later this year. The Tex-Me x chain will move into new space in thevacan Steinbach’s department store. The mall’se owner, , is rebuilding the former departmenrt store to accommodate 10 to 15 individual storefrontsin 40,000 to 45,000 square feet of leasabld space. The Clifton Park Chipotle is scheduled to openin early- to company spokeswoman Katherine Newell Smith Like the recently opened Wilto Chipotle and another planned for Latham, the Clifton Park locatio n will incorporate such elements as high-efficiency heating and low-energy lighting and specially coated Denver, Colo.
-based Chipotle openede up its first Capital Region location—anxd upstate New York’s first—in April, at 3057 Route 50 in Wilton, a town about 15 mileds north of Clifton Park. Both towns are locatexd in Saratoga County. The company’s second Capitalo Region restaurant is scheduled to open in Lathakin November, at the intersection of Wade Road and Routes 7 in Latham. The average per-person check is $8 to $9.
Entreeas typically run between $6 and $7, according to the company’s Web The redesign of the formed Steinbach’s space will be similar to the changews DCG made to other sections of the enclosedf mall a couple of years ago to creates storefronts that shoppers can access directly from theparkingf lot.
Thursday, February 2, 2012
Rockett, Burkhead & Winslow files for bankruptcy - Triangle Business Journal:
In its filing, the Raleigh companh lists about $1.6 million in assets and $7.3 millionb in liabilities. The company estimatew that it has between 200 and999 creditors. Filingh for Chapter 11 bankruptcy allows a companyy to reorganize operations while getting protectiob fromits creditors. RBW’s bankruptcyu filing lists large creditors suchas , , Fortunwe magazine, and . The ad agency is paid by its clientds to develop and buy advertising invariouss media. CEO and President Grant O’Nea l says that RBW was harmedc by decreasedad spending, particularly among its largd clients.
He declined to name thoses clients but pointed tothe company’s Web some of the bigger clientsw listed there include , and . Companiesx also are setting plans for their annua advertising spending later in the year than theyhave O’Neal says, which has left agencies such as RBW in the The combination of those two factorzs led RBW to early this month, that it would need to file for bankruptcyg despite a solid O’Neal says. “What we are seeing, almost universally, is a real difficultyg of clients nailing downtheif plans,” he says. “That’s what creater the significant problemfor us. We knew we couldn’t operatw as we exist today.
” Part of the company’s restructuring includes the layoff of 15 amove O’Neal called “quite painful” but necessary. O’Neak didn’t immediately have the number of employeews who still workat RBW. According to bankruptcy documents, RBW’sx gross revenue in 2008 was about $38 million, versu $36 million in 2007. Rockett, Burkhead & Winslow was founde d in 1985 by businessmen Howard Scott Burkhead andMichael Winslow. Rockett and Burkhead retirex in 2006.