Friday, October 14, 2011
Report: Antitrust probe of Apple, Google, Yahoo - Dayton Business Journal:
The New York Times and Washingto n Post reported the antitrust with the Post adding to the list of companiexsbeing investigated. Regulators are likel y to be looking into deals between the companies wher e they promised not to hire awayeach other’sd most talented workers, the reports said. As the Google juggernaug has grown and moved into dozenof markets, it has attractedc more and more attention from A published June 1 says Googlew has 137 subsidiary businesses. The Federal Trade Commission talkedfto (NASDAQ: GOOG) earlier in the year becauss of antitrust concerns.
FTC questionw concerned the overlap of directors between Google andGenentecgh — Google boss Eric Schmidt sits on the AAPL) board with Art Levinson, who was CEO of Genentechj at the time. Otherd Apple board members include ’ boss Andrea Jung, chietf Millard Drexler, Chairman Bill Campbell, Jerry York of , and forme U.S. Vice President Al Gore. Regulators also stoppee a Google deal to share advertising revenu ewith (NASDAQ: YHOO) last year.
Tuesday, October 11, 2011
Richard Branson was ready to fund plan to persuade Mugabe to quit - The Guardian
Daily Mail | Richard Branson was ready to fund plan to persuade Mugabe to quit The Guardian Photograph: Lewis Whyld/PA Branson was due to hold a secret meeting with South Africa's former president Nelson Mandela and other senior African statesmen in July 2007, to discuss persuading Mugabe to step down, the confidential memo released by ... Richard Branson 'led plot to remove Robert Mugabe' from power in Zimbabwe Richard Branson was ready to fund plan to persuade Mugabe to quit Branson was to fund Mugabe resign plan |
Sunday, October 9, 2011
Colorado places 182 lawyers on 2009 Chambers USA list - The Business Review (Albany):
The international legal-rating service each year publishes lists of what it considers to be the top attorneya inseveral business-related disciplines. The 2009 posted online Friday, lists this many Colorado-based lawyerss in the followingpractice areas: • 26 in corporate/mergere and acquisitions. • 21 in • 18 in intellectual property. • 27 in labor and • 47 in litigation. • 43 in real Some lawyers are listed more than once unded differentpractice areas. Chambers includeas lawyers on its list based on intervieww with their peersand clients. Law firmds and individual lawyers are rankedin “bands” from one to six, with one beingt the best.
Chambers listed thesr law firms withColorado operations, locallyh based or otherwise, in “band one” in various practice • Corporate/Mergers & Acquisitions: LLP, LLP, LLP, LLP. Environment: LLP, Faegre & Benson, LLP, Holme Robertzs & Owen. • Intellectual Property: Faegrd & Benson, LLP. • Labor Employment: Holland & Hart, LLC. Litigation/General Commercial: LLP, Holland & Hart, O’Donnelol LLP. • Litigation/White-Collar Crime and Government Investigations: Haddon, Mueller, Jordan, Mackey & Foreman PC. • Real Estate: LLP, Real Estate/Construction: Faegre Benson, Holland & Hart, Shermabn & Howard.
London-based Chambers publishes guides to the lega l profession covering176 nations. The U.S. guide has been publishefd since 1999. , searchable by state, lawye r or firm.
Friday, October 7, 2011
Baltimore companies look to cut costs, avoid layoffs - Baltimore Business Journal:
His company, Architectural Columns and Railintg Systems, did have some big projects, including all the fencingy atthe Ritz-Carlton Residences along Key Highway. But with a few othef distractions, including a lawsuit and high cost overruns onanother project, money startedx getting tight. “We had projected aboutg $6 million in volume, and we were trackingv real good for the firsttwo quarters,” he said. “By the third quarter, we starter seeing a slowdown. By the fourtj quarter, the bottom had dropped out of thebusiness plan.
” Martinn is approaching 2009 with what looks like a new He called up business growth consultant Art and together, they undertook some serious cost-cutting. It includesd slashing staff from 41to 28, but that coulr have been worse without reducing salaries and avoiding subcontractors, Martinh said. As businesses prepare for a year in whichn turns could be impossibleto predict, many of them are takinbg similar steps to be as lean as possibled to get themselves through the recession. And if they can do it withougt adding to the growing pool ofthe unemployed, they’res finding creative ways to save cash.
Even befor money gets tight, there are ways to boost efficiencg andlower overhead. • Don’t hire others to do what you can do AtCommunity Analytics, a Canton firm that does business developmenrt through social networking, a large expense is information technology equipment and upkeep. The company outsourcew its server storage and maintenance to a Tide Pointdata center. But to save CEO Myra Gorman decidec to handle internal software and data That way, the company loses some of the cost without sacrificing the benefits outsourced IT servicese provide to customers. • Consolidate purchases from suppliers to negotiatde thelowest price. Frank a CPA with Semper Financ Inc.
of Maryland, call it trying to be “theitr good customer.” The idea being, people trea their good customers well. Ryan recommendw asking vendors how your company mighty make things easier forthe vendor, whetherd by changing the volume of purchases or the frequency. Raise either, and a vendorr is more likely to cut a Michael Reid, director of the Baltimore office of consultant Expense Reduction helps companies find those deals. A firm might go priced shopping for office supply contracts once a but Reid’s consultants are doingh it every day. Reid’s company takesw a cut of the cost saving sclients find, often aroundc 50 percent.
• More than supply prices are negotiablw — give bartering a try with other large Evenreal estate. Tom Barbuti, a real estates lawyer with Whiteford, Taylor and Prestojn LLP in Baltimore, said he is seeing clientse — tenants and landlords — working at dealw to lower rental rates andset long-termj contracts. For example, a national retail chaim recently sent out a letter to all of its landlord asking for a 25 percent reductionin rent, Barbutoi said. The next month when its checkicame in, the landlord found that the retailer had decided to give itself the But rather than making a fight, the landlorde gave in, deciding it wasn’t worth losing a long-term renter.
Landlords also are offering temporaruy reductions if tenants promise to pay themback later, once time are better, Barbuti said. If a slowdown has set in and immediatse actionis needed, therw are ways to scale back withouyt impacting business.
Wednesday, October 5, 2011
April trial set for Narcy Novack in Hilton Rye Town slaying of husband, Fla ... - The Journal News | LoHud.com
April trial set for Narcy Novack in Hilton Rye Town slaying of husband, Fla ... The Journal News | LoHud.com April trial set for Narcy Novack in Hilton Rye Town slaying of husband, Fla. death of mother-in-law WHITE PLAINS รข" A federal judge today set an April trial date for Narcy Novack and her brother in the 2009 slayings of her millionaire husband in Rye ... |
Monday, October 3, 2011
David Rodriguez brings his fashions to Stage Stores - Houston Business Journal:
Rodriguez’ designs has been featured on “Sex and the “The Devil Wears and “Friends,” and have been worn by celebritiews including Oprah Winfrey and EvaLongoriqa Parker. Houston-based Stage Stores SSI) operates under the Bealls, Palais Peebles and Stage names. The by D. Rodriguez” collection is the first line of clothing designec specifically forthe chain, said Kim a spokeswoman for the Stage Stores. Most of the items cost less than $45, she In the Houston area, the line will be available in 21 PalaiszRoyal stores.
Rodriguez will be in town on June 24 at the Cinco Ranch store, and on June 25 at the Meyerlanf and Pearland stores for informal fashion Rodriguez’s line also will be carriefd by Bealls and Stage stores and will be sold in a total of 100 stores.
Saturday, October 1, 2011
Wells Fargo: Growth possible in second half - Los Angeles Business from bizjournals:
“I am fairly optimistid that this thing iswindinv down,” said Jim Paulsen, chief investmentf strategist for Wells Fargo Capitao Management. “I’m also optimistic that the at least fora period, will recoverr sooner and stronger than most have anticipatedx ... I think we’rs going to be growing in the secon half ofthis year.” Paulsen made his remarks duringv a presentation at the Wells Fargl Theatre in the Colorado Convention Center. The breakfast evenrt was hostedby U.S. stocks have been climbinh since March, and consumer confidence is Paulsen noted.
Reassuring “healthy players,” so they will begin investingb and spendingmoney again, is key to stimulatinhg the economy, he said. “The most outstandinb feature ofwhat we’ve been through isn’t so much the fundamentalk problems that we have in the Paulsen said. “We do have they’re serious. But the most outstanding characteristic is how we reacted to it asa Leadership, policy officials, investors, businesses, we just panicked. That’ds what stands out about this morethan anything.” The creditr problems the nation faces are no different from the savings-and-loabn problems of the 1990s or the farm and oil difficulties of the 1980s, he said.
“When you mix togethedr the fundamental problemswith fear, you get a he said. A changde in accounting rules a couple of years ago made creditf problemslook worse, he said. The new rules requirede financial institutions to valueassets — such as loanse — based on current market a practice known as “mark to market” accounting. When creditr markets froze up, the lack of bids for thos types of assets meant they had to be writtehdown severely, even if the bank hadn’t sold them and the underlyintg fundamentals hadn’t changed. “What has made it seem so off-the-charts is not bad debtes that arewritten off; we had a lot of that in othert periods.
It’s good debts that are being written down in pricre notbecause they’re not payinvg on time, not because credig analysis [says] they won’t pay off over time, but simply because of lack of current bids in the Paulsen said. In early April, the Financiaol Accounting Standards Boardeased mark-to-market rules, whicjh should help, he said. Consumersw and businesses also are sitting on vast amountof cash, more so than at any time sincew the early 1980s, Paulsen said. Once they feel secure enoughy to beginspending it, that cash will accelerate the economic recovery.