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.
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December 31, 2008 | , , , , , , ,
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Sebelius not interested in Obama’s Commerce opening

— Gov. Kathleen Sebelius said Monday she is not interested in becoming secretary of Commerce as President-elect Barack Obama searches for a new appointee.
Some national news organizations mentioned Sebelius as a possible replacement for New Mexico Gov. Bill Richardson, who withdrew because of a federal investigation into how some of his political donors received a lucrative state contract. Richardson has denied any wrongdoing but said the probe Read the rest of this entry »

December 27, 2008 | , , , ,
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New York Community Bancorp, Inc. to Issue Fourth Quarter 2008 …

New York Community Bancorp, Inc. (NYSE: NYB) (the "Company”) today
announced that it expects to issue its earnings release for the three
and twelve months ended December 31, 2008 at approximately 8:00 a.m.
Eastern Time (ET) on Tuesday, January 27, 2009. The release will be
posted to the Company’s web site,
,
upon issuance.
The Company will conduct a post-earnings conference call at 9:30 a.m.
(ET) on January 27th, during which Chairman, President, Read the rest of this entry »

December 24, 2008 | , , , , , ,
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Los Angeles-area small-business lender receives cash infusion

The Merrill Lynch funds are meant for microloans of $5,000 to $50,000, he said. Half the $1 million has already been tapped for loans. Merrill Lynch also gave the center a $50,000 grant to create a streamlined, computer-based loan approval process it hopes other microlenders can copy. The money will also pay for a new loan officer in the center's downtown L.A. office.
In addition to running its own loan funds, which are often set up by banks or Read the rest of this entry »

December 22, 2008 | , , , , , , ,
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Online court records a lucrative business

FAIRHOPE, Ala. — Today marks the end of the non-bid contract between the Alabama Administrative Office of Courts and the Mobile-based company that provides technical support for electronic access to public court records in Alabama.
“We are currently negotiating a renewal contract with (On Line Information Services Inc.),” said Griffin Sikes Jr., AOC’s legal division director in Montgomery. “They are a private contractor which, working Read the rest of this entry »

December 19, 2008 | , , , ,
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Arizona may run out of money in February

Arizona could run out of money to pay its bills as early as next month, state Treasurer Dean Martin says.
And unlike last spring, when the treasurer issued a similar alarm, this time there won't be reserves to cover the bills. Martin says the state will be forced to borrow money in the short term - the first time since World War II - and adds that there is little that lawmakers can do to avert it.
"No matter what they do with the budget, we'll Read the rest of this entry »

December 19, 2008 | , ,
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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 »

December 17, 2008 | , , , , ,
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Transwestern adds nearly 900000 sf to management portfolio

has taken on nearly 900,000 square feet of new property management assignments.
As of Jan. 1, Transwestern is handling property management on:
Lavaca Plaza, a 119,338-square-foot downtown office building
MetCenter 4-9, a six-building portfolio totaling 336,695 square feet of flex and data center space on State Highway 71 in Southeast Austin
Riata Gateway, a three-story, 148,000-square-foot office building in Northwest Austin
1101 Trinity Read the rest of this entry »

December 17, 2008 | , , , , ,
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Eaton Revises 4Q Earnings Guidance

-- Diversified industrial manufacturer Eaton Corp. has announced revised
earnings guidance for the fourth quarter, reflecting the impact of the
global economic crisis on its end markets.
"We have experienced recent, dramatic deceleration in global demand in
our Automotive, Truck and Hydraulics segments," said Alexander M.
Cutler, Eaton chairman and chief executive officer. "The weakness in
these segments has been accentuated by customer decisions Read the rest of this entry »

December 16, 2008 | , , ,
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BREAKING: M-5 Closed in Commerce Twp.

COMMERCE TOWNSHIP, Mich. (WXYZ) - The north and south lanes of M-5 in Commerce Township are closed because the "Star Clipper" dinner train ran off the tracks.
Police say the train derailed at M-5 near 15 Mile shortly before 9 p.m., locking down a crossing gate and snarling traffic. Authorities say the train could be there for the next several hours.
Sergeant Christopher S. Miller of the Oakland County Sheriff's Office said there's no word on Read the rest of this entry »

December 15, 2008 | , ,
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