efimtsovavadan.blogspot.com
The interim budget will allow the district to pay employee principal and interest on debt and other ordinary expensesd between July 1 and the adoptiojn of thefinal budget. All of the state’se public school districts have been hit hard by statebudget cuts. GCS receivez about 60 percent of its funding from the About 32 percent comes fromlocal sources, and the balanced from the federal government and other sources. The stat budget the district is waiting to seeprobablyh won’t offer much relief. Current proposals couldc result ina $40 million cut in state fundin for GCS, the district estimates.
Among cuts already planned are118 school-basedc positions, including 78 current employees and 40 positions that are currently vacant. More than 500 contract employeesx have been told their renewals have been delayedc because of the but district officials say most of those contracts will ultimatelyube renewed. District staff members are expected to presenf more options for futurd cuts at the next regular boarc meeting onJuly 7.
Monday, January 16, 2012
Friday, January 13, 2012
Freddie Mac: Mortgage rates spike - Triangle Business Journal:
caloloary.blogspot.com
's weekly report says 30 year fixed-ratwe mortgages averaged 5.29 percent this the highest rate this year and up sharplg fromlast week's average of 4.91 Rates still remain well belowe year-ago levels, when the interesr rates on 30-year mortgages were averagin more than 6 percent. "Ratew caught up to the recent risein long-term bond yields this week to reach a 25 week says Freddie Mac (NYSE: FRE) chief economist Frank Nothaft. "The slowdown in the housing market has now detracter from economic growth for the past13 quarters, the longes t quarterly stretch since at least Despite rising rates, the housing marke t continues to show small signs of life.
The housing affordibility index rose in April to its seconed highest level since atleast 1971. The NAR also reported this week that pending sales of existing homes rose for the thirdsstraight month, posting the biggest monthly increase since 2001.
's weekly report says 30 year fixed-ratwe mortgages averaged 5.29 percent this the highest rate this year and up sharplg fromlast week's average of 4.91 Rates still remain well belowe year-ago levels, when the interesr rates on 30-year mortgages were averagin more than 6 percent. "Ratew caught up to the recent risein long-term bond yields this week to reach a 25 week says Freddie Mac (NYSE: FRE) chief economist Frank Nothaft. "The slowdown in the housing market has now detracter from economic growth for the past13 quarters, the longes t quarterly stretch since at least Despite rising rates, the housing marke t continues to show small signs of life.
The housing affordibility index rose in April to its seconed highest level since atleast 1971. The NAR also reported this week that pending sales of existing homes rose for the thirdsstraight month, posting the biggest monthly increase since 2001.
Wednesday, January 11, 2012
Southwest traffic down in June - San Francisco Business Times:
amesit.wordpress.com
Dallas-based (NYSE:LUV) said it flew 6.73 billion revenure passenger miles in downfrom 6.88 billion in the same perio a year ago. Revenue passenger miles, whichu measure one paying passenger flown per is the official measure ofairline traffic. The airline’s capacityh fell 4 percent in June while its load or percentage ofseats filled, grew more than a percentage poiny to 79.5 percent. Southwest in the first half of the year saw traffic drop 2 percenrtto 36.6 billion revenue passenger miles from 37.4 billionm last year.
The airline, whicb carried about 28 percent of all Port Columbus passengersthrough May, also said it is sellingf one-way tickets for as low as $30, $60 and $90, dependingt on how far customers are The fares are available through 11:59 p.m. on Wednesday and are possibles for flights booked for travel in the period runninfgfrom Sept. 9 to Nov. 18. Click for more
Dallas-based (NYSE:LUV) said it flew 6.73 billion revenure passenger miles in downfrom 6.88 billion in the same perio a year ago. Revenue passenger miles, whichu measure one paying passenger flown per is the official measure ofairline traffic. The airline’s capacityh fell 4 percent in June while its load or percentage ofseats filled, grew more than a percentage poiny to 79.5 percent. Southwest in the first half of the year saw traffic drop 2 percenrtto 36.6 billion revenue passenger miles from 37.4 billionm last year.
The airline, whicb carried about 28 percent of all Port Columbus passengersthrough May, also said it is sellingf one-way tickets for as low as $30, $60 and $90, dependingt on how far customers are The fares are available through 11:59 p.m. on Wednesday and are possibles for flights booked for travel in the period runninfgfrom Sept. 9 to Nov. 18. Click for more
Monday, January 9, 2012
Treasury limits bonuses at TARP recipients - Sacramento Business Journal:
ycoguqi.wordpress.com
The new rules encourage these companies to awarxd executives stock that must be held for a long periods of timeand can’t be entirely converted to cash untio the TARP money is repaid to the This, the department will align “executives’ incentives with those of shareholders and Kenneth Feinberg, a mediator who led the Septembee 11th Victim Compensation Fund, will review payments and compensationh plans at companies that have received “exceptional including AIG, Citigroup, Bank of America, General Motors, GMAC and Chrysle Financial. TARP recipients must allow shareholders to vote on executivewcompensation packages.
They also must disclose any perkse worth morethan $25,0090 made to highly compensated employees and justifh the benefit. The rules prohibit companies fromproviding “gross-up” paymentsx to senior executives to cover taxes due on Treasury Secretary Tim Geithner said the Obamaz administration also supports legislation that would require all public companiesz to give shareholders a non-binding vote on executivw compensation packages. Congress also shouled give the Securities and Exchange Commission the powerd to make compensation committees more similar to standards in place for audit committees established bythe Sarbanes-Oxley Act.
Geithner blamef executive compensation practices asa “contributing factor” for the financiao crisis. “Incentives for short-terjm gains overwhelmed the checkzs and balances meant to mitigate against the risk ofexcesse leverage,” he said. But, he added, “Wse are not capping pay. We are not settinv forth precise prescriptions for how companie s shouldset compensation, which can often be Instead, we will continue to work to develol standards that reward innovation and prudent risk-taking, withoutf creating misaligned incentives.
”
The new rules encourage these companies to awarxd executives stock that must be held for a long periods of timeand can’t be entirely converted to cash untio the TARP money is repaid to the This, the department will align “executives’ incentives with those of shareholders and Kenneth Feinberg, a mediator who led the Septembee 11th Victim Compensation Fund, will review payments and compensationh plans at companies that have received “exceptional including AIG, Citigroup, Bank of America, General Motors, GMAC and Chrysle Financial. TARP recipients must allow shareholders to vote on executivewcompensation packages.
They also must disclose any perkse worth morethan $25,0090 made to highly compensated employees and justifh the benefit. The rules prohibit companies fromproviding “gross-up” paymentsx to senior executives to cover taxes due on Treasury Secretary Tim Geithner said the Obamaz administration also supports legislation that would require all public companiesz to give shareholders a non-binding vote on executivw compensation packages. Congress also shouled give the Securities and Exchange Commission the powerd to make compensation committees more similar to standards in place for audit committees established bythe Sarbanes-Oxley Act.
Geithner blamef executive compensation practices asa “contributing factor” for the financiao crisis. “Incentives for short-terjm gains overwhelmed the checkzs and balances meant to mitigate against the risk ofexcesse leverage,” he said. But, he added, “Wse are not capping pay. We are not settinv forth precise prescriptions for how companie s shouldset compensation, which can often be Instead, we will continue to work to develol standards that reward innovation and prudent risk-taking, withoutf creating misaligned incentives.
”
Saturday, January 7, 2012
Cooper proposes domicile move to Ireland - Birmingham Business Journal:
domnaofyvisyhojo.blogspot.com
The electrical products maker’s board has approver moving the company’s domicile to Ireland from “The decision to change Cooper’s place of incorporation was impacted by the unprecedenter global economic conditions that have led to a dramatic reduction in global demand in virtually all markets that we serve and was made tomaintain Cooper’ global competitive position,” Kirk chairman and chief executive officer, said Tuesday in a statement. Cooper CBE) said it had established tax residencuy in Ireland as ofDecember 2008. The company, which has its administrative headquartersin Houston, is asking shareholdersz to approve the switch.
If approved, a new Irish entityt known as Cooper Industries plc will replace CoopetrIndustries Ltd. as the parentr company. Cooper’s move to change its placed of incorporation follows several other Houstoh companiesincluding , and , though Cooper is the firsg non-energy company to make the move. Anothe r high-profile local energy company, (NYSE: NBR), remainsx incorporated in Bermuda.
The electrical products maker’s board has approver moving the company’s domicile to Ireland from “The decision to change Cooper’s place of incorporation was impacted by the unprecedenter global economic conditions that have led to a dramatic reduction in global demand in virtually all markets that we serve and was made tomaintain Cooper’ global competitive position,” Kirk chairman and chief executive officer, said Tuesday in a statement. Cooper CBE) said it had established tax residencuy in Ireland as ofDecember 2008. The company, which has its administrative headquartersin Houston, is asking shareholdersz to approve the switch.
If approved, a new Irish entityt known as Cooper Industries plc will replace CoopetrIndustries Ltd. as the parentr company. Cooper’s move to change its placed of incorporation follows several other Houstoh companiesincluding , and , though Cooper is the firsg non-energy company to make the move. Anothe r high-profile local energy company, (NYSE: NBR), remainsx incorporated in Bermuda.
Thursday, January 5, 2012
Sources: NCR could relocate HQ to Georgia - Atlanta Business Chronicle:
xagawu.wordpress.com
Ohio government officials said word began swirling May 28 thatNCR NCR) is , according to the Daytob Business Journal , a sister publication of Atlantas Business Chronicle . Last fall, NCR said it woulcd move its Worldwide Customer Services headquarters to metro investing $15 million and creating more than 900 jobs in Peachtreed City and Duluth. While it remainsz to be seen if Atlantaa gets another Fortune500 headquarters, NCR is rumored to be opening an additional facility in the Peach State, Atlanta Business Chronicle has learned.
An announcement about that venture is expected as early asnext week, sourceds in Atlanta and Dayton NCR is believed to have looked at sitess in Savannah, and Columbus, Ga., according to a source. The global technology company could be eyeingabout 100,000 square feet of office Based on the square footage estimates, real estate sourced said, the operation could house 300 to 400 people. Compang officials and Georgia economixc development officialsremained tight-lipped on any potential NCR global spokesman Richard Maton told the Dayton Businesss Journal the company does not respond to rumors and In the past, NCR has been quico to deny rumors of its relocatiob and affirm its commitment to remaining in A Georgia Department of Economic Development spokeswomab did not return calls Friday and Saturday.
A spokeswoman said she had no information on the matte r and a executivedeclined comment. In NCR said it will co-locate an NCR Learning Centefr and its Customer Care Center hub for the Americads region withthe company’s existing Global Service Materials operation in Peachtreed City. NCR, founded in Dayton, is the city' largest company, with 20,000 globa l employees and $5.3 billion in annuak revenue. The company relocated its executive officeas to New York City two years ago and leased a floor at 7 Worldf TradeCenter building. This past March, the company told employees it is undergoing a structura l reorganization and would cut an unknown amount of itsglobal workforce.
That same the company removed thelanguage "worlds headquarters" from the sign at its Dayton Rumors have long circulated that NCR would move, howevetr Ohio government and economic development officialx said speculation reached a new leve l in the past few days. The Ohio Departmenyt of Development has repeatedlyh sought information fromthe company, but as of Fridayh evening NCR remained mute, a state official told the Dayton Businesws Journal . Ohio Gov. Ted Strickland and NCR CEO Bill Nuti, attempteed to talk on however they were unable to coordinatra time.
Ohio government officials said word began swirling May 28 thatNCR NCR) is , according to the Daytob Business Journal , a sister publication of Atlantas Business Chronicle . Last fall, NCR said it woulcd move its Worldwide Customer Services headquarters to metro investing $15 million and creating more than 900 jobs in Peachtreed City and Duluth. While it remainsz to be seen if Atlantaa gets another Fortune500 headquarters, NCR is rumored to be opening an additional facility in the Peach State, Atlanta Business Chronicle has learned.
An announcement about that venture is expected as early asnext week, sourceds in Atlanta and Dayton NCR is believed to have looked at sitess in Savannah, and Columbus, Ga., according to a source. The global technology company could be eyeingabout 100,000 square feet of office Based on the square footage estimates, real estate sourced said, the operation could house 300 to 400 people. Compang officials and Georgia economixc development officialsremained tight-lipped on any potential NCR global spokesman Richard Maton told the Dayton Businesss Journal the company does not respond to rumors and In the past, NCR has been quico to deny rumors of its relocatiob and affirm its commitment to remaining in A Georgia Department of Economic Development spokeswomab did not return calls Friday and Saturday.
A spokeswoman said she had no information on the matte r and a executivedeclined comment. In NCR said it will co-locate an NCR Learning Centefr and its Customer Care Center hub for the Americads region withthe company’s existing Global Service Materials operation in Peachtreed City. NCR, founded in Dayton, is the city' largest company, with 20,000 globa l employees and $5.3 billion in annuak revenue. The company relocated its executive officeas to New York City two years ago and leased a floor at 7 Worldf TradeCenter building. This past March, the company told employees it is undergoing a structura l reorganization and would cut an unknown amount of itsglobal workforce.
That same the company removed thelanguage "worlds headquarters" from the sign at its Dayton Rumors have long circulated that NCR would move, howevetr Ohio government and economic development officialx said speculation reached a new leve l in the past few days. The Ohio Departmenyt of Development has repeatedlyh sought information fromthe company, but as of Fridayh evening NCR remained mute, a state official told the Dayton Businesws Journal . Ohio Gov. Ted Strickland and NCR CEO Bill Nuti, attempteed to talk on however they were unable to coordinatra time.
Tuesday, January 3, 2012
Landlords don
coeragnheidur3778.blogspot.com
For most businesses, waste is an inevitable byproduct of By minimizing waste where possible and handling wastde in anefficient manner, properties can realize including increased tenant satisfaction, decreased operationakl expenses and reduced harmful effects on the The following are several ways propertt owners and tenants can save money by reducing wastde and implementing sustainable practices. E-cycle: With the ever-changinh technological landscape, today’s “new and improved” computeras and electronics are tomorrow’s Many of these items have toxicv components making their safe disposal complicated and often regulateeby laws.
By encouraging tenants to participate inan e-cyclingy program, these machines can be disassemblerd and reborn into valuable parts and resourcezs for the next generation of technological Reduce traffic: There are easy, free incentivees that building owners can offer tenants (and tenants can in turn offer employees) to help reduce traffic and shrinm a business’ carbon footprint. Designates parking spots, bike racks and publicf transportation passes are just some of the incentivess that have helped lessen the numbers of cars on the road andharmfull emissions. Carpooling is another great way to reducew car travel and can foster coworker camaraderie outsided ofthe workplace.
These “trip” reductions are especially helpful when employees driv company vehicles that requir expendituresfor gas, maintenance and upkeep. Accoung for your waste: Most waste managementg companies can perform awastse audit, comparing a building’s waste output versus recycled amounts. These audits can help property ownersd glean insights into opportunities for reducinga building’s wastw and discovering educational needs for Low-cost programs can encourage tenants to be more strategix with their waste, including recycling “challenges,” eliminating plastic wate r bottles from a cafeteria, increasing the number of recycling bins and so on.
Implemeng easy-to-follow programs for recycling, such as a comingledr program where plastic, paper, cardboard and glass can go inone container, and provides tenants periodic reminders aboutf recycling to keep it fresh in their Also, if you don’t bid out recycling and trash start. It’s a competitivr world out there. Sustainable practices: Even without a wast e audit, there are several low-cost tactics that can increase efficiencyt and save moneyon waste-disposal and management expenses. Share documents electronically with your rather than printing 10 copies ofa 40-page report.
When you do need hard copies of your print on both sidea ofthe paper, print two PowerPoint slides per sheet and limit the number of hard copies to thoser who really need them. Keep old documentsa for use as scrap paper orpackin material. • Purchase recycled-conten t paper for printers, copier s and fax machines. Select otherd recycled-content or biodegradable products, such as paper toilet paper and disposable cupsand plates. Participate in equipment take-back programs offered by officeproductg manufacturers. For example, most old printeer ink cartridges may be returned to the manufacturetr for recycling atno cost.
• Donate unwanted office supplies and reusable electronivc equipment to local schools ornonprofit organizations. Arrange to donate cafeteria or wet waste food scrape to an organics program for use asanimak feed. • Reduce waste from plastixc bottles, paper cups and Styrofoam by providing reusablsdrinkware (coffee mugs, reusable plastic bottles, for employees. Install a purified water systemk to eliminate the need forbottled water. Implement a recycling or waste-saving challenge in the office, with prizew such as reusable coffee mugs orwater • Get less mail; switcn to electronic bill payments and bank statements whereve r possible.
Call the companies that send you junk mail and catalogw and ask to be removed from theifrmailing lists. Use evitesa and e-mailed RSVPs for events on yoursocial calendar. • Use yard trimminge and landscape debrisas compost, creating a useful and environmentall beneficial product from materials that would otherwise be sent to a These are just some of the ways companiews can start to think about increasing efficiency when it comes to producingb and disposing of waste. Take some time to look around your building and who knows what other opportunities youmighty find?
For most businesses, waste is an inevitable byproduct of By minimizing waste where possible and handling wastde in anefficient manner, properties can realize including increased tenant satisfaction, decreased operationakl expenses and reduced harmful effects on the The following are several ways propertt owners and tenants can save money by reducing wastde and implementing sustainable practices. E-cycle: With the ever-changinh technological landscape, today’s “new and improved” computeras and electronics are tomorrow’s Many of these items have toxicv components making their safe disposal complicated and often regulateeby laws.
By encouraging tenants to participate inan e-cyclingy program, these machines can be disassemblerd and reborn into valuable parts and resourcezs for the next generation of technological Reduce traffic: There are easy, free incentivees that building owners can offer tenants (and tenants can in turn offer employees) to help reduce traffic and shrinm a business’ carbon footprint. Designates parking spots, bike racks and publicf transportation passes are just some of the incentivess that have helped lessen the numbers of cars on the road andharmfull emissions. Carpooling is another great way to reducew car travel and can foster coworker camaraderie outsided ofthe workplace.
These “trip” reductions are especially helpful when employees driv company vehicles that requir expendituresfor gas, maintenance and upkeep. Accoung for your waste: Most waste managementg companies can perform awastse audit, comparing a building’s waste output versus recycled amounts. These audits can help property ownersd glean insights into opportunities for reducinga building’s wastw and discovering educational needs for Low-cost programs can encourage tenants to be more strategix with their waste, including recycling “challenges,” eliminating plastic wate r bottles from a cafeteria, increasing the number of recycling bins and so on.
Implemeng easy-to-follow programs for recycling, such as a comingledr program where plastic, paper, cardboard and glass can go inone container, and provides tenants periodic reminders aboutf recycling to keep it fresh in their Also, if you don’t bid out recycling and trash start. It’s a competitivr world out there. Sustainable practices: Even without a wast e audit, there are several low-cost tactics that can increase efficiencyt and save moneyon waste-disposal and management expenses. Share documents electronically with your rather than printing 10 copies ofa 40-page report.
When you do need hard copies of your print on both sidea ofthe paper, print two PowerPoint slides per sheet and limit the number of hard copies to thoser who really need them. Keep old documentsa for use as scrap paper orpackin material. • Purchase recycled-conten t paper for printers, copier s and fax machines. Select otherd recycled-content or biodegradable products, such as paper toilet paper and disposable cupsand plates. Participate in equipment take-back programs offered by officeproductg manufacturers. For example, most old printeer ink cartridges may be returned to the manufacturetr for recycling atno cost.
• Donate unwanted office supplies and reusable electronivc equipment to local schools ornonprofit organizations. Arrange to donate cafeteria or wet waste food scrape to an organics program for use asanimak feed. • Reduce waste from plastixc bottles, paper cups and Styrofoam by providing reusablsdrinkware (coffee mugs, reusable plastic bottles, for employees. Install a purified water systemk to eliminate the need forbottled water. Implement a recycling or waste-saving challenge in the office, with prizew such as reusable coffee mugs orwater • Get less mail; switcn to electronic bill payments and bank statements whereve r possible.
Call the companies that send you junk mail and catalogw and ask to be removed from theifrmailing lists. Use evitesa and e-mailed RSVPs for events on yoursocial calendar. • Use yard trimminge and landscape debrisas compost, creating a useful and environmentall beneficial product from materials that would otherwise be sent to a These are just some of the ways companiews can start to think about increasing efficiency when it comes to producingb and disposing of waste. Take some time to look around your building and who knows what other opportunities youmighty find?
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