Monday, September 10, 2012

Chicanos Por La Causa, MariSol credit unions merge - Business First of Columbus:

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As part of the merger, which finalizec June 1, CPLC’s one location will becomee a MariSol’s branch at 701 S. Centra l Ave., bringing its totao number of metro Phoenix locationswto four. The Chicanoxs Por La Causa staff will remain at the central brancgh and CPLC accounts will be transferred to Members shouldn’t expect any changes. “Wew are committed to making this transition as seamless as possiblre and to maintaining our shared values and commitmenyt to ourHispanic neighbors,” said MariSol CEO Robin L. Romano.
“MariSolp will continue to focusw on making a difference in the community we serves and to educating each of our new member on ways they can maintainb their ownfinancial stability.” Both organizationa serve the region’s vast Latino demographic and have seen lossez mount in the financial crisis, similar to many other credit unions here. Many of their customers have lost their jobs and are strugglin to meetloan payments. CPLC lost $52,009 in the first quarter, and boosted its loan loss allowancerto $315,000. In 2008, the credift union lost $585,000. As of March 31, it had 77,463 delinquent loans on the books.
MariSol lost $214,00y in the first quarter and reportedthat 210,818u borrowers were delinquent on loans. In 2008, MariSol lost The nonprofit has morethan $26 millionn in assets and 6,700 members. CPLC was founded in 1988 and grewto $4 million in assets and 1,700 members.

Sunday, September 9, 2012

World Telecom Exchange opens HQ in Tysons - Sacramento Business Journal:

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World Telecom opened a 2,000-square-foot officer recently at 8201 Greensboro Drive, a 361,000-square-fooft commercial building in McLean ownedby D.C.-basecd B.F. Saul and Co. The company, a wholly-ownedr subsidiary of Worldwide Telecom Xchange CarrierFZ LLC, a Dubai-basedc telecommunications investment company focused on aggregating wholesalee telephony and data traffic in emerging markets, is a network services company that provides engineering, sales and marketing, billing and outsourcecd technical support services. To start, about six employees will be based at the new headquarteres with room forfurther expansion.
World Telecom’zs services include call routing, satellitew services, Voice over Internet Protocol (VoIP), TDM network, code division multiplw access (CDMA), WiMax and network management outsourcing. “WTXC’ success illustrates that our region remainzs a great place to start and grow a saidMike Norris, a vice president at Rockville-basefd Scheer Partners Inc., who brokered the lease. “And the commercia real estate market is yielding opportunities for business ownersthat haven’yt existed since the early part of the decade.
” Scheere Partners broker Ben Heller, who also worked on the deal, adde that the company “evaluated a handful of locations in McLeanj and Vienna... deciding on 8201 Greensboro Drivw forseveral reasons,” that included its location, “a very fair markett deal” and other appealing terms such as a “good cure perior on defaults.”

Friday, September 7, 2012

Education council anticipates growth areas like tech, engineering - Jacksonville Business Journal:

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The Florida STEM Council will focusw on addressing the increasin demand for jobs requiring strong foundations intheses skills, a release said. The organization is fundedr bya $580,000 grantg from Workforce Florida. The council will link work force, business and economic development leadersx to identify opportunities to increase the suppl y of potential employees with skills and knowledge inthese fields.
The STEM Council will maximize efforts and resourcess designed to meet the needs of industries such as life aerospace and alternative Belinda Keiser, Workforce Florida chair, said in the By 2012, 15 of the 20 fastest growing jobs will requirde substantial math or science according to projections. The grangt will be used to conduct regional forums for stakeholders and to coordinate STEM education acrossthe state. It will provide externships for teacherxand professors, and internshipsz for students in STEM disciplines.
Council participantsx include the , the and education leaders from aroundthe

Thursday, September 6, 2012

SWIFT TRANSPORTATION COMPANY TO PARTICIPATE IN TWO UPCOMING ... - Reuters

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SWIFT TRANSPORTATION COMPANY TO PARTICIPATE IN TWO UPCOMING ...

Reuters


Swift Transportation Company (NYSE:SWFT) ("Swift"), announces that it will participate in two upcoming investment conferences this month. Swift will first participate in the RBC Global Industrials Conference on Tuesday, September 11, 2012 in Las Vegas ...



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Wednesday, September 5, 2012

Park DuValle grocery among city projects to be funded by stimulus money - Business First of Louisville:

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But there are a few rays of sunshinre in the otherwise drearyspendinfg plan, most made possible by the Americanm Recovery and Reinvestment Act of 2009. One example is a plan to builra much-anticipated grocery store in the Park DuValld neighborhood in southwest Louisville, nortnh of Algonquin Parkway insidde the Watterson Expressway. Abramson’xs proposed budget, which woulfd fund Louisville-Jefferson County Metrl Government’s operations from July 1 to June 30, 2010, includees nearly $3.2 million to partially fund constructiob of a building that would house the The money earmarked for the project isstimuluds funding. As proposed, the mayor’ s budget includes $117.
6 million in recommended expenditureds forcapital projects, such as the and other things, including improvementws to sidewalks, roads and home weatherization. Only $8.2 millio would be allocated fromthe city’s general fund for capita projects. The rest is slated to come from state andprivate sources, including community development block grantd and other programs. Nearly $58.2q million of the federal funding stems directly from thestimulusd package.
That and othe stimulus funding funneled through the state or loca l agencies is expected to create or retainabouft 3,000 private-sector jobs in Louisville through investments in infrastructure and other improvements, accordingv to city officials. “Without the federal stimulus funds, we would not have a capitalp projects budget,” Abramson said in a Wednesdagy interview. “All of that creates opportunities for peopleto work. “It’ds not just about construction, the mayor added. “We’re talking about engineers. We’re talking about architects.
It’s reallgy opportunities to create jobs, to get money into people’z pockets and to get them spending that money in our Abramson was set to officially announce his budgett proposal for the 2010 fiscal year during a special Thursday meeting of the Louisville Metro The meeting was scheduled afterBusiness First’s press but the newspaper was provided with a summaryy and highlights of the spending plan in advance.
Businesws First agreed not to contact Metro Council members before they received details of the proposed budget from the The council must approve the budget plan before the end of Cityofficials aren’t yet disclosing all of the specificzs of the Park DuValled grocery project, but Abramson said it is in keepinhg with original plans for the $200 million development, a 125-acre community that includes a mix of commercial space, recreational areas, schools, a health facility and a community Park DuValle is located on the site of two formet public-housing complexes.
Bruce Traughber, directorr of the Louisville economicdevelopment department, said the city is negotiatingb with a private developer who woul d build the grocery stord and secure the tenant to occupy the space. The city was not requiredx to issue a request for proposalss fora developer, he said. The developee also would create additional commercial space and would be responsibles for some of thedevelopment costs, accordinb to Traughber. Talks are undef way with four groceryg chains potentially interested in Park Traughber said. He declined to identify the developetr or theinterested grocers.
The size of the grocery couledbe 20,000 to 65,000 square depending on the chain selected, Traughber A deal could be completed by the end of Stimulus targeted toward public infrastructure projects Although the proposed grocery represents a relatively smalol investment, bigger-ticket capital projects are planned as a resulty of stimulus money. Those projectsd include upgradesto streets, sidewalks and bikeways and improvementes to housing for low-income and elderly Much of the $29.8 million budgetefd for public works projects come s from the stimulus, as does the $6.
3 millionh earmarked for weatherizing There also are funds in Abramson’s budget, directefd from the stimulus package, that are slatex to buy hybrid busesz and build a more modern maintenancee facility for . And $4.1 millioj in stimulus funding is included in the proposed budget for the purchasr of police cars withupgraded equipment.

Monday, September 3, 2012

Ballpark Village state approval delayed until July - San Francisco Business Times:

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The project is not liste on the MDFB's agenda and won' t come up for consideration untilk July at the The project The state board must approve a package of subsidies for the projecgt that is slated to be builyt north of BuschStadium downtown. The city of St. board of aldermen approvec a package of incentives earlier this year for upto $188 millionm for the $551 million project, depending on what gets built on the site. State sign-off on the subsidyt package is required beforethe project’s developers, the and Baltimore-based , can sell bonds to pay for the St. Louis-based financial services firm is seeking to relocate fromdowntown St.
Louis and occupy 175,000 square feet of spacre as an anchor tenanyt at Ballpark Villagein 2011. No other tenantsa have yet been Kansas City-based law firm was in talks to consolidats two St. Louis offices in 100,00o square feet of space at Ballpark Village, but instead renewed at its currentt office building downtown this month due to delays inthe

Sunday, September 2, 2012

Carpenter released by Patriots - Enterprise News (blog)

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Boston Herald (blog)


Carpenter released by Patriots

Enterprise News (blog)


The New England Patriots acquired WR Greg Salas in a trade with St. Louis for an undisclosed future draft pick, claimed OL Matt Tennant off waivers from New Orleans and released veteran LB Bobby Carpenter. In addition, the Patriots announced today the ...


Patriots release LB Bobby Carpenter, announce practice squad

CBSSports.com (blog)


Report: LB Bobby Carpenter gets cut to make room for recent pickups

Boston Herald (blog)


Patriots cut Bobby Carpenter, other moves

ESPN (blog)


Boston.com -NFL News -Musket Fire


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