Assisted living sites face legal challenges Sunwest Management CEO

In a last-ditch effort to save his company, Sunwest Management CEO Jon Harder placed himself and 14 individual assisted living centers — including Alpine Court in Eugene — into Chapter 11 bankruptcy.
In legal maneuvering that unfolded in the waning days of 2008, Harder sought an injunction to stop nine big investment banks from seizing the most profitable of the company’s nearly 270 assisted living centers across the country.
Read the rest of this entry »

Patient care not as good at for-profit nursing homes, analysis shows

For-profit nursing homes are more likely to provide worse care than their nonprofit rivals, according to a USA TODAY analysis of the government’s first ranking of nearly 16,000 nursing homes.
The new Zagat-like rating system, released Thursday by the Centers for Medicare & Medicaid Services, assigns homes one to five stars for their quality, staffing and health inspections, plus an overall score.
The scores reflect tens of thousands of inspection Read the rest of this entry »

EMS Technologies sees 2009 profit above analysts

EMS Technologies Inc.
on Monday issued a full-year profit forecast above Wall Street expectations, saying it expects improving results across all its businesses.
The Atlanta-based maker of wireless communications technology expects per-share earnings from continuing operations in the range of $1.55 to $1.65 in 2009, based on accounting standards used in 2008 and prior years.
The bottom end of the company's expected profit range is just above Read the rest of this entry »

Ira Millstein’s Opinion Helped Steer Yeshiva’s Money to Madoff

Dec. 31 (Bloomberg) -- A legal opinion from
, a corporate-governance specialist for four decades,
helped set the stage for
’s millions of dollars
in losses in the Madoff scandal.
Millstein, a senior partner of Weil, Gotshal & Manges, said
in a letter seen by Bloomberg News that Yeshiva had “followed
procedures adequate to prevent either the appearance or the
reality of a conflict of interest.” The September 2000 opinion
cleared financier
Read the rest of this entry »

Online Journalism: Donations Accepted

Amid traditional media's bloodletting, nonprofit news outfits like Spot.Us are experimenting with community-funded journalism on the Web
The news business is in disarray. Thousands of journalists have been left jobless by deep cuts at
), Gannett (
), Viacom (
), and other large media properties. Small newspapers and trade publications around the country are shutting down operations, and many that survive have eliminated bureaus, reduced Read the rest of this entry »

Profit strategies program aids long-term success

Is your dairy positioned for long-term success? Not sure how to answer this question? Understanding the factors that limit profitability in different herd sizes and how shifts in management strategies can improve profitability can help you establish long-term viability in your operation.
"Profit Strategies," a Penn State Dairy Alliance program, will show producers how to select a business model that will position their dairy business to be more Read the rest of this entry »

Every company needs a viable online presence

Published: January 5, 2009
If your business does not have a presence online, better get with it.
Every business should have a Web presence, experts say. Increasingly that's where shoppers, competitors and prospective business partners can be found.
For $1,000 to $5,000, you can put your company online, either by yourself if you're savvy or by hiring a professional Web development team, said Hardy Koska, a counselor at Richmond SCORE, which advises Read the rest of this entry »

Callidus Software Recognized With “Positive” Rating From Leading

Callidus Software Inc. (NASDAQ: CALD), the
leader in
(SPM), today announced that it received a "positive" rating
in the latest North American MarketScope for Insurance
(ICM) Applications(1) by Gartner, Inc. (NYSE: IT), the
world's leading information technology research and advisory company.
Authored by Steven Leigh, Kimberly Harris-Ferrante and Michael Dunne,
Callidus Software was recognized with a "positive" rating in this important
report Read the rest of this entry »

Bettenhausen to head California Emergency Management Agency

December 24, 2008
12:03am
Matthew Bettenhausen has been appointed acting secretary for the California Emergency Management Agency by Gov. Arnold Schwarzenegger
Mr. Bettenhausen has served as director for the Governor’s Office of Homeland Security since 2005. Additionally, he is currently co-chairman of the National Homeland Security Consortium and vice-chairman of the National Governors Association Homeland Security Advisors Council.
Prior Read the rest of this entry »

A marketplace in the middle

The cash-strapped operator of Faneuil Hall Marketplace has put its rights to run the popular outdoor mall up for sale as it battles to shore up its finances and avoid declaring bankruptcy.
, the second-largest US mall operator, is offering to sell the rights to operate Faneuil Hall, as well as two other well-known East Coast tourist destinations, South Street Seaport in Manhattan and Harborplace & the Gallery on Baltimore's Inner Harbor.
General Read the rest of this entry »