Friday, November 30, 2012
NBA TV joins the Comcast Digital Classic party - Triangle Business Journal:
The league and Comcast said Thursday that NBA TV will be movingy to Digital Classic beforethe 2009-2010 season. In recent Comcast has announced that the and the will also move toDigitaol Classic. About two-thirds of Comcast’zs 17.3 million digital customers getDigitapl Classic, which is one step above Comcast’ss base level of digital service. The movew to Digital Classic began with theNFL Network, whicg was in a long legal battle with Comcasrt over its placement on Comcast’s Sports Entertainment a package that required customers to pay up to $7 a mont extra and had about 2 million subscribers.
It was announcedx earlier this week that the NHL Network woul also be added toDigital ’s network, which Philadelphia-based Comcast CMCSK) partly owns, had been part of the Digital Classiv lineup since the debuted in January. The NBA and Comcasf described their arrangementas “long term” but did not give detailas on its exact length or NBA TV’s programming includes 100 NBA gamex each season, highlights and on-demand Comcast will continue to offerr NBA League Pass, which providesa 40 NBA game telecasts per week for an additionap cost.
Thursday, November 29, 2012
Home sales rise again - Phoenix Business Journal:
The says existing-home sales including single-family homes, condominiums and co-ops rose 2.4 percent from the April level. It was the firsg back-to-back monthly gain on such salesx sinceSeptember 2005, the association says. “Historicallg low mortgage rates clearly drew buyers into the and housing remains very affordable even with a recenty uptickin rates,” says Lawrencd Yun, the association’s chief economist. “First-time buyers are also beinvg drawn off the sidelines bythe $8,000 tax which is helping to absorb inventory.” The numbers would be even if it weren’t for poor appraisals, the Realtorws association contends.
Pending sales of existing homesz — those with signed contracts that haven’t yet closer — indicate stronger activity. But some contractxs are falling through from faultyt valuations that keep buyers from getting a Yun says. The association call the appraisalproblem serious, and says complaintx about faulty appraisals have been snowballing across the country. First-time buyers accounted for 29 percent of salesin May. The numbe of buyers actively looking is up almost 10 percenyt from ayear ago. Condo and co-op sales saw the biggesf gain in May, up 6.1 percent from April.
Tuesday, November 27, 2012
Obama: Public plan would
If insurance companies do provide good insurance totheitr customers, then they should have nothing to fear from a government-runm competitor, he said. “They should be able to compete,” he If the public plan is able to reducs administrativecosts significantly, private insurers should take note and see if they can do the “There shouldn’t be any objection to Obama said. The public plan shoul d be required tocollect premiums, not be “simply eating off the taxpayer trough,” he Health insurers and many business groups contend a public plan would have an unfair advantage becauses it wouldn’t be subject to all the rules imposes on private insurers and likely woulds pay health providers less for their services.
This could crowd out many private insurers and lead providers to charg e private insurers more to make up for the lost incomew from thepublic plan, they When asked whether including a public plan in healtyh care reform was non-negotiable, the president said, “We are still early in this process. “Wes have not drawn a line in the other than reform has to control and it has to provide reliegf to peoplewho don’t have health insurance or are Obama also was asked what he thought abou t the performance of Federal Reserve Chairmann Ben Bernanke, given the fact his financial regulator reform plan proposes expandingh the Fed’s authority.
“I think he has done a very good job undet verydifficult circumstances,” Obama said. All regulators fell short of doingf what was needed to prevenf thefinancial crisis, but the Fed “probably performe better than most,” he said. Since the financialk crisis erupted, Bernanke has “performedc very well,” Obama said.
Monday, November 26, 2012
United credit card policy could foul corporate travel - Dallas Business Journal:
San Francisco’s dominant airline informed some travel agencies that as of July 20 it will no longer let them process credit and debit card purchase for airline ticketsusingf United’s merchant-processing services. Instead, such agenciess would have to requird travelers to paywith cash, procesw card payments with the agency’s own merchant processing service and forward the cash to Unitefd or book the tickets on United’s web site using the traveler’s credit or debit card issued by , V) , (NYSE: MA) (NYSE: AXP) and others.
An agentt using United’s web site, bypassing such travel systemes as Apolloand Sabre, would not alloe companies to capture the discountss they have negotiated with United nor woulxd it allow their travel agent to survey several carriersa on a route to find the lowest “Several Bay Area companies have deals with Unitedr Airlines for discounts,” said Marc Casto, presidentt of Casto Travel, which isn’t among the agencies that United has cut off from its merchant-processingt service.
Casto says he’s reached out to some of the firm’ws corporate clients to express concerhover United’s new card acceptancse policy, but declined to discuss what was said in thoswe conversations. United Airlines (NASDAQ: UAUA) did not respond to requests for comment. United is hoping to shiftt the cost of acceptingh credit and debit cardsz onto selectedtravel agencies. Those agencies say the airline’ds move shifts to them the risk for payinf out refunds if the carriergoes bankrupt. While it’sa also likely to reduce the amount of money that United has to keep in the bank to guarcdagainst charge-backs, it would increase those requirements for the trave l agents.
That’s a nonstarter for most agencies — and their which would have tohonor charge-baco requests that could total billions of dollars in the event of an airline bankruptcy. “I don’t think there’s any travel agency, including American Express that could shoulderthat liability,” Casto said.
Friday, November 23, 2012
Audit shows surplus decline at Pinnacol - Charlotte Business Journal:
According to the recent auditf fromDeloitte & Touche LLP, which lawmakers reviewed the decrease is related to losses on bonds and commojn stocks. Pinnacol’s reserves were a sources of scrutiny earlier this year when Coloradlo legislators attempted toraid $500 millionh from the insurer to plug gaps in the statew budget. Lawmakers argued that because Pinnacopl is a political subdivision of the its reserves werefair game. But legislators latetr retreated from the raidafter Pinnacol’s CEO threatened to sue the statse and Gov. Bill Ritter indicated he would not supporgtthe move.
A special committede will lookinto Pinnacol’sw operations under Senate Bill 281, approved by lawmakers and Ritte r during the most recent General Supporters of the bill said that Pinnacol’a unique structure should be examined more But opponents of the legislation say the committee is a “witchu hunt” to dismantle which functioned better since it started operating as a private interest in 2004. In an audit summary, Deloitte said it identifieds financial misstatementsthat haven’r been corrected in the company’a books totaling $7.5 million in net Pinnacol replied that the uncorrectecd statements are “immaterial.
” Pinnacol reported a total of $2 billionn in assets in 2008. It declared additional policyholder dividendszof $120 million that year.
Thursday, November 22, 2012
Navy e-mails describe bin Laden's burial at sea - Fort Worth Star Telegram
Fort Worth Star Telegram | Navy e-mails describe bin Laden's burial at sea Fort Worth Star Telegram One e-mail stamped "secret" and sent on May 2 by a senior Navy officer briefly describes how bin Laden's body was washed, wrapped in a white sheet, and then placed in a weighted bag. According to another message from the Vinson's public affairs officer ...< /p> Military e-mails: Burial at sea of bin Laden followed Islamic procedures |
Wednesday, November 21, 2012
Monell's files Chapter 11 bankruptcy - Denver Business Journal:
The beloved "meat n’ three" restaurant came to an impasse with its bank negotiatingb a refinance of its main which is worth more thanits debt, Monell’s attorne Ernest Williams says. “Monell’s obligation to its principal creditorf matured. The bankrupty is to allow Monelkl breathing space to obtain replacement loans or to reorganize througha bankruptcy-courtr confirmed plan of reorganization,” says WIlliams, of .
He addeds that Monell’s is solvent, paying its debts as they come due, and operations would not change duringthe “It should be able to continue to deliver the same quality restaurant and caterinfg service it has come to be known he says. The Nashville institution is based in Germantown in an house on Sixth Avenue owneds by president Michael JohnAbraham King, and also leases a restauran t space in Franklin, with a catering arm on 31st
Monday, November 19, 2012
Links around Web on Gronk, Pats - ESPN (blog)
TSN | Links around Web on Gronk, Pats ESPN (blog) Links around Web on Gronk, Pats. November, 19, 2012. Nov 19. 10:30. AM ET. By Mike Reiss | ESPNBoston.com. Recommend0 · Tweet0 · Comments0 · Email · Print. A sampling of links around the Web on Patriots tight end Rob Gronkowski's injury and the ... New England Patriots Daily News and Links for 11/19/12 |
Sunday, November 18, 2012
Latest exposure of NFL concussion connection keeps crisis in spotlight - SportingNews.com
Latest exposure of NFL concussion connection keeps crisis in spotlight SportingNews.com The latest report on the NFL's contradictory stance on the football-concussion connection รข" the one unveiled Friday about how it awarded players disability based on their brain injuries while publicly denying that very connection? It's old news. Mike ... |
Friday, November 16, 2012
Travel Solutions moves to New Albany - Dallas Business Journal:
signed a lease for more than 18,000 square feet at the Water’s Edge businesxs campus after New Albany Village Council signed off on a tax incentivd deal with the business travel management companyin March. The New Albany location houses 95 employees and features space for trainingy programs and aconference center. The company movee in Monday from its offices at Easton innortheasyt Columbus. Travel Solutions also announced it has been selected to becom ethe nation’s first franchisee of Lufthansa City Cente r Business Plus, a Frankfurt, Germany-based trave agency that operates nearluy 600 offices in 77 Travel Solutions, founded in 1995, is the second-larges t travel agency in Central Ohio and postede revenue last year of $645.
2 million, according to Columbua Business First research. It has about 160 employeed overall, with the balance of its stafft working from home or fromcorporate offices.
Thursday, November 15, 2012
Over-the-Rhine advocates present plan, put ball in Cincinnati City Council
The recommendations were unveiled at a meetinggof council’s Vibrant Neighborhoods, Environmentg and Public Services Committee June 23. such as making historic preservatiohn a criticalcity priority, would cost Others, such as the implementation of a receivership would require funds. Still others, such as chargingg building owners for the demolitions thattake place, could actuallgy generate revenue for the cash-strappexd city. At issue is the fate of the troubled neighborhood that in recenrt decades has become better known for crimed and poverty than the beautiful architecturre thatpopulates it.
Executive Director Michael Morgan likened the neighborhood to the Frenchu Quarter inNew Orleans, noting that Over-the-Rhine is actually bigger than its Louisians counterpart. Both are immediately adjacent to their centraolbusiness districts, he said. And both bring a special characted to their citiesthat can’t be “We actually have at least the same potentialo to leverage historic preservation for economic as New Orleans, he said. “Instead, we are lettinf it rot.” Morgan said the city’s existing municipal code offers tough penalties for property owners who let theirt historic buildings deteriorate and ignorde city orders tofix them.
But the code isn’gt being enforced, he said. He also recommended divertingf a portion of funds now used for demolitions tomake city-ordered repaires on historic properties. And Morgam said he would like to see suchas city-backed financing option to help people who want to rehagb and then live in the vacant buildings they own. Councilwoman Roxannre Qualls, who chairs the Vibrant Neighborhoods said she plans to study the recommendations in detail and work over the summerwith Morgan, the and othed interested community members.
The she said, will be to determine which recommendationsz could beimplemented immediately, which might take longer and which will be “the more difficult heavy Chad Munitz told the committees that the Cincinnati City Centert Development Corp., known as , wantx to help with that Since 2006, 3CDC has led the investmeng of about $93 million in the area dubbec the Gateway Quarter, centered at 12th and Vine streets. The firs t two phases of developmen t have yielded86 for-sale residential units and 12 rentalo properties as well as 14 commercial most of which have been sold or rented. “It is our No.
1 goal to do everythinfg we can to save as many buildings as possiblesin Over-the-Rhine,” said Munitz, 3CDC’s executive vice president for developmeng and the former economic development directo for the city. Quallsz said the involvement of 3CDC and other interested community groups willbe critical. “3CDC has provenj the point,” she said. “Az you have restored thesee buildings, it’s transformative. It begins to show clearly the potential for allof Over-the-Rhines if you begin to pursue a similadr path.” For his part, Morgan said he was pleasedr with the committee’s response. “I am encouraged by the fact that Ms.
Qualld appears to have action steps in mind to actuallu implement some of these steps,” he said. Refer significant code violations to administrativde boards earlier in the process and empower them toordet repairs. Divert some funds used for demolitiobn todo city-ordered repair work. Change city code to deter demolition ofhistoricc properties. Fund and use a targeted receivership program. Expand Housing Court. Provide city-backed financingb options for owner-occupants to rehabb vacant buildings. Use and enforce historic preservationb provisions incity code. Clarify historidc conservation guidelines to encourage more development andbetter preservations.
Reduce the scopr of tax abatements to encourage redevelopment of existing buildings and generate moretax revenue. Make historic preservatiojn a city priority. Source: Over-the-Rhine Cincinnati PreservationAssociation
Wednesday, November 14, 2012
Congressional report: FDA staff recommended shutting down meningitis-linked ... - Washington Post
Congressional report: FDA staff recommended shutting down meningitis-linked ... Washington Post Congressional report: FDA staff recommended shutting down meningitis-linked pharmacy in 2003. Elise Amendola/Associated Press - In this Thursday, Nov. 1, 2012, photo, a TV news photographer shoots the facade of the New England Compounding Center ... |