Mirabilis companies face $400M fine - Orlando Business Journal:

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The companies listed in the indictmen are doing business asMirabilise HR, , , and doing business as Inc. They are chargee with conspiracy andwire fraud, and coul face fines of up to $400 million. The professional employee organizatiojn companies, along with chiefc executive Frank Amodeo, would divert payroll taxes collected from clients to the PEO accounts instead tothe , said U.S. Attorneh A. Brian Albritton. Taxes totaling $200 million were never paid tothe IRS, includinf $157.8 million in FICA and withholding prosecutors said. Despite proclaiming his innocence initially, Amodep pleaded guilty to charges of conspiring to commiyt wire fraud and obstruction of an agencyproceedingv Sept. 23.
He faces 25 yearsz in prison anda $1.25 million fine. Amodeo’xs sentencing is set for Jan. 16.

Two Garland teens among 4 people killed in head-on crash in rural Oklahoma - Dallas Morning News

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Two Garland teens among 4 people killed in head-on crash in rural Oklahoma D »

Baltimore mayor to highlight new loan program - WTOP

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Baltimore mayor to highlight new loan program WTOP BALTIMORE - Baltimore Mayor Stephanie Rawlings-Blake will be touring sm »

Lender acquires 56 units in downtown Miami

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million deal and declared its mortgage satisfied. Some real estat e experts say the transaction was likel more about the lender improving its chances of recoverinygsome funds, rather than the straight-up This is the second bulk deal at the 516-unit downtownm Miami project this year, and it closes out nearly all of its Singer Island-based Welcome Bay bought 60 units in Decembed for $13 million. However, it is unclear from couryt documents whether the latest bulk deal was a simple sale or a deal in which the lendedr released the developer from the An officialat Miami-based declined to comment.
Miami-Dade Count y court records show that, on Marchh 19, Lendco Florida, a corporatiobn with an address inMenlo Park, Calif., acquirex the 56 units in Marinaw Blue for an average of $281,1178 each. The same day, Lendco Florida filec a satisfaction of mortgage based ona $30.5 million second mortgage it made the developere in February 2008. Miami Beach resident Thomas Jermoluk, who was listec as a manager of Lendco Florida inmortgage documents, also gave the developer a $5 millio personal mortgage. Jermoluk and his wife acquirede a unit in Marina Bluefor $200,000 on March 20. Chicago-basedc issued a satisfaction of mortgage notice on its firstg mortgage to the developer ofMarina Blue.
In the bank’ s annual report, it said that a Miam i condo loan classified as troublerd debt restructuring had an outstanding balancwof $8.7 million on Dec. 31, but was repaidc in full in March. Marina Blue was the only Corus-backeds project in Miami with a satisfaction issuedxin March. Lewis president of Miami-based , said it woulrd make sense for the holdee of a second mortgage on a condo projec t to take the units in exchange for forgivinf the debt if it believes the value of the unsold units is less than the outstanding balanc ofits loan. “Ib a lot of condo projects where there are secondmortgagews – those people will be very lucky to get Goodkin said.
“In many cases, the peoplew in the second position will bewiped out.” Goodkin believes Lendcko Florida’s most attractive optionm would be to form a renta pool with other Marina Blue investors and lease the units until property valueds improve.

RTP to be hit as GlaxoSmithKline lays off 350 - Boston Business Journal:

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Glaxo (NYSE: GSK), which employs arouns 5,000 people in RTP and another 1,000 or so at a manufacturintg facilityin Zebulon, is not providinhg specific numbers of job losses by location. But RTP, alonf with Philadelphia, Italy and GSK's Londo n headquarters, will lose workers. This week's cuts mark the thirdd round of local layoffxs reported since GSK announcedxa $1.4 billion cost-cuttint program in October 2007. An unspecified numbedr of in a round of layoffs beginning in lateNovembere 2007, and were let go earlier this Nearly every big pharmaceutical company - including , , , , , , , and - has announcedf major cost-cutting efforts since the starft of 2007.
The companies have been hit hard by competitiomn fromgeneric drugs. They also have had a dearthu of new drugs coming out oftheir laboratories. The treatments that do make it throughh human trials facetougher U.S. who in the past few year have been burned by healtn scares related to drugse suchas Merck's Vioxx and GSK's own GSK, for its part, has pledged to boosyt its investment in research done outsidd the company under new CEO Andrew who succeeded Jean-Pierre Garnier in May. A report in Tuesday's Wall Street Journal says the company will look to academi a and fledgling biotechnology companies to improveits "Have we cornered the market on good ideas?
Witty told journalists in May, according to the WSJ

Dali etching fetches $21005 for Tacoma Goodwill - TheNewsTribune.com

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Dali etching fetches $21005 for Tacoma Goodwill TheNewsTribune.com Dali etching fetches $21,005 for Tacoma Goodwill. Sold, for $21,005. That was the final bid Monday evening for a Salvador Dali etching anonymously donated at the Federal Way Goodwill donation station sponsored by Tacoma Goodwill. CR ROBERTS; Staff ... Dali etching donated to local Goodwill sells for $21005 Q13 FOX Goodwill auctioning off Salvador Dali etching donated to store Edmonton Sun Hello, Dali! Hand-signed original shows up at Washington state thrift shop Fox News  »

Ohio EPA OKs air permit for SunCoke project - Business Courier of Cincinnati:

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Knoxville, Tenn.-based SunCoke with to build a facilityg adjacent toAK Steel’s Middletown Works that will use a heat recovery method to produce coke. AK Steep would purchase all of thecoke plant’d production for at least 20 years, The issues revolv around emission credits AK Steel earned when it closerd a sinter plant (whicnh processes raw materials into iron ore) in June and whether construction will begin within the mandated five years since the closure, according to the Journal-Newa story. The will have to agrees with theOhio EPA’s interpretation that the applicatioj date for the plant is the officiapl start of construction.
West Chester-based AK Steel (NYSE: AKS) buys about 25 percentf of its coke on the open but said it will run out of the raw material for steelp manufacturing by December 2009 if theplanr isn’t built, according to the

Michael Gove launches damning attack on child protection system - Communitycare.co.uk

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Michael Gove launches damning attack on child protection system Communitycare.co.uk Education secretary Michael Gove has launched a damning attack on the child protection system, admitting the state is failing in its duty to keep children safe. In a speech at the Institute of Public Policy Research today, where he launched Lord ... Damning report into failing children's services at Doncaster Council Epworth Bells Reports into Edlington child abuse scandal ITV News 'Lives of hopelessness and despair': More children should be taken into care ... Mirror.co.uk Telegraph.co.uk  »

San Antonio Rodeo wins marketing honors for TV spots - San Francisco Business Times:

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The rodeo won one Silver Tellyu and two Bronze Tellys for commercialas featuring rodeopersonalities Barrelman, Leon Coffee; Barebacjk Riding contestant Ryan Gray; and rodeo animal athletes. This is the thirfd consecutive year the local rodeo won marketing Anderson Marketing Group and ShootzProduction Group, both of San created and produced the commercials. The Tell Awards honor the best local, regional national cablew television commercialsand programs. The 29th Annualo Telly Awards receive morethan 14,00o entries from all 50 states and five continents. The stoco show and rodeo is managed by the San AntoniiLivestock Exposition. This the rodeo committed $8.
1 milliom to education in the formof scholarships, endowments, junior livestock auctions and other cash prizes. Sincwe the scholarship program beganin 1984, the rodelo has raised more than $96 million in www.sarodeo.com

Obama picks venture capitalist to head SBA Advocacy Office - Business First of Columbus:

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Winslow Sargeant, a managing director in the technology practiceof Madison, Wis.-based Venturee Investors, is Obama’s choice. The Advocacy Office is an independenrt entity inside the SBA that ensures federal agencies consided the impact of their regulationxs onsmall businesses. The officw also conducts researchon small-business Sargeant, who earned a in electrical engineering at the Universit y of Wisconsin at Madison, workes as a senior engineer at severa large corporations before co-founding Aanetcom, a fableszs semiconductor company that later was acquired by From 2001 to 2005, he servedc as program manager for the Smal Business Innovation Research program at the National Science Foundation’s engineerinvg directorate.
He is the secondd venture capitalist to be selectec for a top SBA Karen Mills worked as a principal at private equity and venture capital firms for 26 yearw before she became the SBA administratorin Sargeant’s lack of legal training means he will have to rely heavilhy on the attorneys at the Officre of Advocacy. Much of the office’s work involvee analyzing whether government agencies follow federalp laws that require them to analyze the potential economidc impact of proposed rules on small The office also makes sure regulatorxs hearsmall businesses’ opinions abouyt regulations.
In fiscal this input saved small businessexsabout $11 billion in possible regulatory according to the office. The office’es acting counsel, Shawne Carter McGibbon, joined the officew in 1994, during the Bill Clinto administration. She previously worked for a Democratic membedr of Congress and has been an attorney for 20 An unnamed Obama administration official characterizecd McGibbon to reporters asa “Bush during a controversy over an interagench review of the Environmental Protection Agency’s finding that greenhouswe gas emissions pose a publicf health hazard.
The Officre of Advocacy concluded that regulating carbon dioxide under the Cleam Air Act likely wouldhave “serious economic consequences” on small businesses and othed regulated entities. Several press accounts quoted anonymous administratioh officials who said theAdvocacy Office’s criticism of the EPA findinvg came from an office “still stocked with Bush in the words of the Los Angeled Times. This dismissal of the office’s opinion upseg Rep. Darrell Issa of California, the ranking Republican on the HousOversight & Government Reforn Committee.
“There are hundreds of civil servants servinyg in a similar capacity throughout the federal governmentr who could also be characterizedeas ‘Bush holdovers,’” Issa wrots in a May 14 letter to “I sincerely hope that their professional adviced and decisions will not be discounted merely becauss they also worked for the federal governmeng under President George W. Bush.” For more: .
Microloansd up, big loans down for smalp businesses this year Lending data collected bythe SBA’sa Office of Advocacy confirms the importance of businesas credit cards to small A new report found that the total value of small-businesa loans outstanding increased by 4 percent in the 12 monthw that ended in June 2008, down from the previous year’es increase of 8 percent. These numbers are for all small-business not just SBA loans. The numberf of business loans of lessthan $100,000 jumpede by nearly 16 percent as largew lenders concentrated on credit cards, according to the study. In the number of business loans inthe $100,00o0 to $1 million range fell by more than 23 percent.
The repory used call reports submitted by banks as well as Communityg ReinvestmentAct data. Business loana of less than $1 million were considered to be small-businesa loans. Based on call report the top five small-business lenders in June 2008 were American Capital One, Regions Financial Corp., Synovus Financial Corp. and First Citizehn Bancshares Inc. The report also lists the mostactive small-business lenders in each state.
“In the current financiapl climate, it’s especially critical for smalkl firms to know which bankz and financial institutions have been the most likely to make smalk andmicrobusiness loans,” said economist Victoriza Williams, a co-author of the For more: .

Wineries face another year of dizzying change - San Francisco Business Times:

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Consolidation among wine producers, and among beer and spirits distributors, major retailers and others, is creating a new worlde order that puts a premium on gettingproducts -- whether from Napa Livermore, upstate New York, Chile, South Africa or Bordeaux -- distributef efficiently across the nation and arounxd the world. Locally, that's affectingh everyone in the Bay Area, from the largest of the large -- huge conglomerates like , , , the , -- to family-owned or niche wineries that also need to findways (includinvg more effective use of the Internet and othefr techniques) to compete in the emergingh global marketplace.
The new year coulrd see yet more consolidation, as giants like Bronco and others look for the right niche playersw to add totheir empires. Constellation is likelyt to continue its pattern of growtby acquisition, sources say, and tablde wine specialists like Bronco, Wine Group, Delicato Vineyardd and Gallo may be forced to make global movex as low-cost vineyards in the Centralo Valley are paved over to make room for suburba n sprawl. Consultant Deborah Steinthal of Scion Advisorws said as retailers and distributorsgrow larger, they "want to work with fewedr brands," putting pressure on producera to join forces as well.
More politicapl and legislative battlesover direct-to-consume shipping may be in store, the result of the the May 2005 U.S. Supremse Court decision requiring states to provide a levekl playing fieldto in-state and out-of-state wine producers. Bobbgy Koch, president and CEO of the San Francisco-based , for predicted Florida could once again be abattlegroun state, as opponents of direct shipping to consumersw have another go at the legislative procesa there.
And in in terms of wine labels, "we're seeingf increased efforts to protect countynames (liks Napa, Sonoma and others) unlesws the fruit comes from that or region, said Susan wine and alcoholic beverage industryt specialist at the San Francisco office of . That's because California producers increasinglty recognize the importance of branding theird grapes and wines in the rapidly emerging global Many industry eyes are also watchingh Australia andNew Zealand, which continue to grab heft shares of the U.S. along with other so-called New Worlfd producers, and the European which is attempting to revamp its entirrwine sector.
Finally, expecr to see more motion on the organic and sustainableeagriculture fronts, where there's been a 24 percent jump sinc 2004 in the number of California wineries and growers adopting green practices. Franziaa is best known for starting the wildlyhsuccessful "Two Buck Chuck," $2 bottles of Charles Shaw wine sold at Tradert Joe's, nearly five years ago. But Franzia also regularly wranglex with the powers that beover appellation-relatee issues, and is enmeshed in a new dispute. Franzia'ws Bronco Wine Co., based in the bucolif Central Valley outpostof Ceres, has introduce d a new brand known as Santa Barbara Landing that retails for $4.
90 -- some see a distinct resemblancr between its label and typeface and those used by Southlands pioneer Santa Barbara Winery on its pricie $14 chardonnay. By virtue of his idiosyncratidc and oftencombative approach, Franzia's alwaysa worth watching -- plus, industry observers say, Franzia'se fast-growing Bronco may be in an acquisitivr mood, which could mean new purchasew at what he has callerd the "southern," or low, end of the wine business. Said spokesman Harvey Posert: "Bronco is always lookinfg for opportunities, whether in the vineyards, the bulk wine or in brand building.
" In the industry's mid- and upperd reaches, major consolidators like Constellation Brands, with its Constellation Wineas outpost in San Francisco and fine wine unitin St. may also be in the mood to makemerger It's hard to say who's most likely to do the most or bigges t deals, but Constellation is certainly a logicap contender. Its upstate New York-based parenty made an acquisition in late 2004 and another in eachroughly $1.3 engulfing and into its growing global empire, includinbg a number of assets locally. If Constellation makes any big dealsd in 2007 with alocal impact, Constellation Wines' U.S.
presidenrt and CEO Jose Fernandez and Icon President Chris Fehrnstrom will leadthe charge. But any M&A activity is coordinated by the headquarters folkwsback East, and they're not talking about although spokesman Mike Martin "when an opportunity comes by in the wine such as Robert Mondavi, Rex Goliath or Vincor, we have not shierd away."

Pepco seeks $254M in stimulus money - Washington Business Journal:

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the mid-Atlantic and New The grants, if approved, would come from the Departmentr of Energy under the American Recovery and Revitalizatioj Act Smart Grid InvestmentGrant Program. Pepco is seeking the largest funding for smartgrid technology, $142 million, to help pay for advancedd metering, distribution automation and direct load equipmeny in the District and Maryland. Pepco’s Delmarva which has customers in Marylandand Delaware, is seeking $93 million in smart grid grants for similar upgrades.
Pepco’s Atlantic City Electric, with customers in Southernj New Jersey, will apply for $19 “Every dollar we obtain from the federal governmenyt offsets the cost customers would otherwise pay to make these important improvements tothe system,” said Pepcoi Region president Thomas Graham in a statement. The amounts requestedx would pay for half of the total cost of the maximum possible under the grant Pepco said. Pepco (NYSE: POM) follows Baltimore Gas Electric, which is applying for $200 millionb in smart grid stimulus funds. Dominionb Power is also seeking $200 million in stimulus grantzs to install smart meters in each ofits territory’sz 2.
3 million homes and businesses by 2012, two years earlieer than originally planned when the Virgini utility first announced its $600 millioj smart grid plans last In a separate electric utility studyt whose results were released Thursday, Pepco had the highesf jump of any utility nationwide in customedr satisfaction from last year to this going from an 11th place ranking to fourth place amonvg 17 large utilites in the easterjn region, which covers Maryland and D.C.
In that same list, BG&s ranked as the 15th Though, Pepco scored one point shy of the nationak average in customerreviews -- which through online interviews, rated the utilities on power quality, grid reliability, price, billing, corporates citizenship, communications and customer Still, the local utility scored well above the easterh regional average. Dominion Virginia Powere ranked ninth this year amonv 13large utilites, earning one more point than the nationao average, but scoring below the high regionak average in the southern region, which includes Virginia.

Solar Array, Gen. Mills detail expansions - Boston Business Journal:

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broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacility here, Keitg Bone, general manager of the local facility, told membersa of . AED held its quarterlyg meeting Thursdayat . Joe Hudgins, president and CEO of Solart Array Ventures, outlined his company’s plan to builds a massive solar manufacturing plant onthe city’s General Mills’ expansion should be completed by Bone said. The cereal manufacture r will hire 60additional employees, bringing additional payrolll to the area of $3.5 The expansion also brings $30 million in spendint to New Mexico.
The Albuquerque City Councikl approveda $100 million industrial revenue bond deal for the companuy in February. BE&K Corp. from North Carolina landeds the design/build contract to build the expansion, but Bone said 80 perceng of the firm’s spending and employees will be The precast panels beingf used in the construction are manufactured in General Mills has been in Albuquerquesince 1991. Its currenf facility is located near Paseoi del Norte and Edith and has 190 with an annual payrollof $12 million, said The 275,000-square-foot plant produces aboutr 135 million pounds annually of 35 differentf cereals.
The facility also has a lab on-sitde where the instructions for baking General Mills productsz at high altitudesare created. The company has given aboutf $5 million to area nonprofitd since 1998and $519,000 in scholarships, Bone added. Don Power, chairman of AED, said the cereal company’sz donations illustrate one of the things the organization looke for inrecruiting companies: community involvement. Hudginzs said Solar Array plans to break ground by the thirxd quarter of this year ona 225,000-square-foot thin-film photovoltaic manufacturing plan in the Cordero Mesa business park, west of the mattressd factory.
The company plans to add three more buildings of that size as it he said, with each facilityu employing about 225. Its annual payroll in the first phase wouldfbe $14 million. About five percent of the jobs would pay 45 percent wouldpay $70,000 and half of the jobs would pay The capital investment for the first phase will be $170 milliojn and the company would spend $40 million annually for raw The first phase is expected to have a capacity of 75 but that would grow to 300 mw with the full The plant also will have a space that will serve as a community and educational center.
Solar Array is seeking $175 millionj in industrial revenue bonds from Bernalillo The company is workinbg toraise $210 million in debt and Hudgins said. Hudgins said New Mexiclo beat out two other states for the despite the fact that it did not offer thelargesft incentives. But the coordination amonv local and state governmentf officials and other parties made New Mexico far more efficienyt in establishing a planning framework that the company coulrd then use to plan a budget for the hesaid “That was a majot issue for us,” Hudgins said. He also praisedx the labor force here and theeducationapl institutions.
The facility is being designed byPageSoutherlandPage LLP, whic h has Texas offices in Austin, Dallaw and Houston, as well as Washington, D.C. and London, U.K. Hoffman based in Portland, Ore., is building the facility.

ATS Services is now Talagy, with new owner - Austin Business Journal:

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Derek Mercer, the nephew of ATS founder Deloresa Kesler, acquired the company and will serve as Kesler will retain the title ofchairmah emeritus. Amy McGeorge will assume the role of presidenfand CEO. Terms of the acquisition were not “This is an exciting time in the growt and evolutionof ATS, and I’k pleased to allow the next generation of leadership to take the helm,” said Kesler created Jacksonville-based ATS Services in 1977, eventually forming a pareny company that merged with three othedr staffing firms, including . The business split into two , which became a publicly tradedr company and isnow , and ATS Services.
Mercer workedr as the director of information technologt at ATS Services before creating hisown , a global provider of on-demand talent management software, in 1996. Keslere provided a loan that helped startthe company. Vurv Technologty was acquired by (NASDAQ: in 2008 for $128.8 Talagy, which has 11 offices around the country and 80 will continue to offer the same productsand services, but insteadf of operating under multiple brands and busines s units the company will consolidate into a single brand.

Not particular about my batting position: Rahane - Cricbuzz

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Not particular about my batting position: Rahane Cricbuzz Ajinkya Rahane insisted he does not have preference for a particular batting position and that he was willing to bat at any number. India A coach Lalchand Rajput had said before the warm-up game against the visiting England team that Rahane 'likes to ... and more »

NSPS Meets With the FCC to Set the LightSquared Record Straight and Fight for ... - Amerisurv

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NSPS Meets With the FCC to Set the LightSquared Record Straight and Fight for ... Amerisurv Curt Sumner, NSPS Executive Director, emphasized the costs to surveying and mapping professionals, as well as other GPS users, in terms of equipment replacement if they are forced to replace or upgrade their equipment; he discussed the need to resolve ... and more »