Sunday, May 29, 2011
Md. colleges given $11M to combat nursing shortage - Triangle Business Journal:
The grants, being divvied among 17 Marylancnursing schools, will be used to lure faculty and and improve technology at the Maryland’s nursing shortage is expectec to reach 10,000 by 2016, according to the . The current vacancy rate of nurses at state hospitals is8 percent. The economic downturn has helped the industryg because many retired nurses have come backto work, but once the recessiohn ends the shortage will said Carmela Coyle, CEO of the Maryland Hospital Association. The firstg round of grants will increase the number of nursess graduating by 300 students and add 20 faculty positiona at nursing programs acrossthe state.
“The number of nursesw graduating from Maryland schools are simply not saidRonald B. Peterson, president of and co-chair of the “Who Will Care?” campaign at a press conference “We cannot take our eye off thenursingb demand.” The campaign’s goal is to add 1,500 new nursinf students. The program has raised $15.5 million to date through the state’ds business community, including funds from the Baltimore constructionform , , the region' largest hospital system, and , the region'as largest health insurer. Greater Baltimore Medicall Center, for example, gave $500,000.
The goal is to raisw $20 million from the private sector by the end of the and then raise anaddition $40 million in state, loca l and federal funds. • • • • • ; and, .
Friday, May 27, 2011
State asks landlords for cuts in office rent - Pacific Business News (Honolulu):
The state spends more than $15.5 million a year to rent 746,870 square feet of office space for various state according to thestatde , which negotiates the leases. Of more than $9.3 million is paid by DAGS, whils some $6.2 million is paid by other state In addition, the state spends more than $6.8 million per year on 304,960 square feet of space under two lease-to-purchase agreements, for the No. 1 Capitolo District building, also known as the , acrossz from the State Capitol, and for the state officse buildingin Kapolei. The Legislature cut the DAGS budger for leasesby $1.36 million for the fiscak year that starts July 1.
“We’re sending letter to landlords explaining the situationthat we’rs in, asking them if they’re willing to consider lowering the lease rents,” said state Comptroller Russ Saito. “Thse people that we’re talking to, we’re getting a sense that most of them, half or would be willing to negotiate something but it’s all playing out right While the majority of state agencies operatse out of just under 1.
5 million squarw feet of office space in publicly owned buildings, agencies from 15 statew departments also occupy office space ranging from 200 square feet to 31,248 square feet leased from landlords on Oahu, the Big Maui, Molokai, Lanai and The largest landlord is , whicyh leases 74,184 square feet of space to the at 420 Waiakamil o Road for $191,000 per month, according to data providede by DAGS. Several divisions of the state Department of Education also leasenearlyt 47,000 square feet from at Dole Cannery in Iwilei for more than $95,000p per month.
Kamehameha Schools said it has received a state reques t for a rent reduction on one property and that it ispresentluy “evaluating the request.” The $1.36 million cut amounts to a 14.5 percengt reduction from the DAGS annual lease It is part of the $800 million slashed by the Legislaturer to balance the two-year, $10 billion budgegt that goes into effect on July 1. Saito note d that everyone has had to adjust budget because of theeconomiv downturn; because state departments have sought to avoid makingt the cuts in personnel, they decidedc to ask for cuts in the lease rents.
“We find that troublinf when most of the statse leases are below marketrent already,” said Steven president of Sofos Realty Corp., who rents space to state agencies but declined to say whethetr any of his client landlords planned to cut theif rent. “Most landlords are not reducing rents but doing rent Sofos said. “They reduce rent for a period of time then come back and get the tenangt to payback rent, with interest.” But Saitol said the state is looking for straightg reductions because it cannot “obligate itselfg to funds it doesn’t have.
” However, it’a rare for landlords to do that, said Larry executive vice president of , which owns the most officre space in Honolulu. The company doesn’y do much business with the stats and Taff said he was not awars of a request for arent discount. Whil e the state tends to pay rents on the lowefr end of the rangs ofmarket rents, landlords are willin g to take the lower rent because government agenciesz are stable tenants with excellenty credit. “I think they’ve already taken advantagre of that, that they have good credit, so further reductionsw beyond that would really make for a low Taff said.
Rents at some of the buildingx where the state leases space have come down since the lastlease negotiation, so the statde is attempting to renegotiate to the loweer level, Saito said. A listing for the at 333 Queen St. — where the statee leases 17,113 square feet for three agenciea under the Department of the Attornehy General and the Department of Land andNatural Resources’ Division of Boating and Ocean Recreation — notesd rent has been reduced there. Asking base rent for the buildingvis $1.30 per squarew foot per month, with common area maintenance charges of $1.25 per square foot per for a monthly gross rent of $2.55 per squarew foot.
Wednesday, May 25, 2011
Commodities Gain as Goldman Turns Bull; US Stocks Retreat - Bloomberg
Commodities Gain as Goldman Turns Bull; US Stocks Retreat Bloomberg Traders work on the floor of the New York Stock Exchange. Photographer: Robert Caplin for Bloomberg.com May 24 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the US equity market today. US stocks retreated, sending benchmark ... Commodities Gain as Goldman Turns Bull; U.S. Stocks Retreat ! Commodities Gain as Goldman Turns Bull; US Stocks Retreat |
Sunday, May 22, 2011
Eaton: Legal tactics are de facto push for shutdown of Vermont Yankee - vtdigger.org
Eaton: Legal tactics are de facto push for shutdown of Vermont Yankee vtdigger.org Not surprisingly, the State is seeking âmore timeâ in a transparent attempt to force a de facto shutdown. The state's lawyers know Entergy must buy fuel this summer for delivery in time to be able to refuel to operate past March 2012. ... |
Friday, May 20, 2011
Cytokinetics muscles up after rejection - Puget Sound Business Journal (Seattle):
The South San Francisco company is working on data from a Phasse II heart drug safety study that it will deliverf this quarter to biotech powerhousre Amgen thenhas “a limitecd amount of time” to exercisd its option on the drug, which activates a proteijn that causes the heart to contract, said Cytokineticse President and CEO Robert Blum. If Amgen takees the drug, it would pay Cytokinetics an immediate $50 million, plus anothet $600 million in milestone and royalty payments, and take on developmenty costs. “The Amgen exercise can be transformationak forour business,” Blum said.
If that sounds it’s because Cytokinetics had a similar high-promisd deal with for two early-stage cancer-fightinh drugs. But GSK opted last month not to pick up the optionh onthe drugs. “From a strategic standpoint, we saw the handwriting on the wall some time Blum said. “We’ve built the business with the recognitionn they maynot (exercise the options), and they did GSK has been pruning its oncology portfolio.
It decidec in October not to take a cancerr drug under developmentby , which then signed to a $240 millionm deal for two cancer Cytokinetics put the brake on its canced research programs in September — cutting its overall workforce from 160 peoplre to 111 — to focus on druges that inhibit or activat proteins associated with the skeleton and smooth muscles. That coulxd lead to treatments for conditions such asthe muscle-wastingh Lou Gehrig’s Disease. Those potential drugss cost less to bringto market, Blum said. “The dynamics (of are better understood and (the drugs) are less volatiled with the FDAand reimbursement,” Blum said.
“The oncologg area has become extremely crowded.” The savings could mean much for the bottok lineof Cytokinetics, which through September had lost $325.1 million in its 11-plus-year history. It has no approvec drugs to show for that The Amgen cardiac drug deal is the only partnershipo Cytokinetics has inked with its new focus onmusclr drugs. Some of the diseases could bring accelerated approval status fromthe FDA. “You’ree still talking years, but you may not be talking five to 10 Blum said. “You may be talking three to five years.
”
Wednesday, May 18, 2011
Lee decides against reverse stock split - Baltimore Business Journal:
Mary Junck, chairman and chief executived officer, said the board considered currentmarketr conditions, business forecasts and other factors that coulde affect shareholder value, includinhg the prospect of remaining in compliances with rules for continued The NYSE notified Lee (NYSE: LEE) in Decembe 2008 that the company was not in compliancd with its continued listintg standard of at leasf $1 a share. Since then, the NYSE announced that the standars has been temporarily suspended throughJuly 31. As a Lee has until Dec. 3, 2009, to returj to compliance. Lee was trading at 55 centsx a shareWednesday morning.
In February, the Iowa-based company it took on when it boughgthe Post-Dispatch and restructured future paymentd under its $1.1 billion bank financing arrangements. The remainintg debt balance of $186 million has been refinanced by the lenderxuntil 2012. Newspaper publishers nationwide are struggling with decliningv advertising revenue as readers flockk tothe Internet.
Sunday, May 15, 2011
URA re-releases RFP for Heppenstall site in Lawrenceville - San Francisco Business Times:
The URA is re-releasing a request for proposals after its previouslyychosen developer, Urban Village working with Botero Development decided not to go forward with the Urban Villages and Botero were selected over one other finalist, S&A Homes, in partnership with the Lawrencevill e Corporation, a community nonprofit. The football field-sized parcel includes the site on which the office buildin g for the Heppenstall plant once was located as well as a formefwarehouse property. In a preparer statement, mayor Luke Ravenstahl describedthe property’s redevelopment as an important part of the city’sd larger revisioning of the Alleghen riverfront.
“We have begun a planning process to create a vision for the Alleghenyu riverfront and reconnect our neighborhoods to ournaturalp amenities,” he said. "The Hatfield Street site is one of the great opportunities to see this vision come to The URA wants adeveloper “to design, develop and operate or resell the site.” The URA’s effort comes as the Regional Industrialp Development Corporation (RIDC) continues to redevelop the Heppenstall complex itself. Hatfield Streef is considered a dividing line betweenthe neighborhood’s residential community and its industrial zone.
As a selling the URA notes that the median home price in centra Lawrenceville has increased 64 percent in the pastthre years, a growth rate it claims is second highest in the city to the South “We are excited with the real estates appreciation that were seeing in the said Rob Stephany, Executive Directofr of the URA, as well as a Lawrencevillee resident. “And (we’re) very excited about the prospecf of a new residential product and how that will add fuel tothe
Friday, May 13, 2011
Will Ferrell wins Mark Twain prize for humor. Was he the best pick? - Christian Science Monitor
Reuters | Will Ferrell wins Mark Twain prize for humor. Was he the best pick? Christian Science Monitor Now that Will Ferrell has nabbed the nation's top comedy prize, the Kennedy Center Mark Twain Prize for American Humor, it is somehow fitting that he steps out in his most un-funny movie role to date. ... Will Ferrell: worthy winner of the Mark Twain Prize Quick Takes: Will Ferrell to receive Mark Twain Prize Mark Twain Award: past winners [Pictures] |
Wednesday, May 11, 2011
Jazz breaking news: John McLaughlin Booked For Rare Ronnie Scott's Appearance ... - Jazzwise magazine
Jazz breaking news: John McLaughlin Booked For Rare Ronnie Scott's Appearance ... Jazzwise magazine It's the third outing of the festival which has proved a big success at the club, and is sponsored by Jazzwise. While not all confirmed bookings have been released just yet Ronnie's has confirmed that the opening night will feature the Ronnie Scott's ... |
Metro Birmingham forecast: Rain coming but severe weather threat lower al.com (blog) By The Birmingham News It was 67 degrees at 6 am in Birmingham and central Alabama will see a new round of rain and storms today although the severe weather threat is low, according to the National Weather Service. In the forecast, today will see some ... |
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- Md. colleges given $11M to combat nursing shortage...
- State asks landlords for cuts in office rent - Pac...
- Commodities Gain as Goldman Turns Bull; US Stocks ...
- Eaton: Legal tactics are de facto push for shutdow...
- Cytokinetics muscles up after rejection - Puget So...
- Lee decides against reverse stock split - Baltimor...
- URA re-releases RFP for Heppenstall site in Lawren...
- Will Ferrell wins Mark Twain prize for humor. Was ...
- Jazz breaking news: John McLaughlin Booked For Rar...
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