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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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 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 »

December 21, 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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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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Daily Stock Market Commentary

Stock Market: investors are seriously concerned about the economic outlook.
Bond quality spreads are Bearish. LQD/TLT Relative Strength Ratio fell to multi-year new lows on 12/19/08. This implies that Bond investors are seriously concerned about the economic outlook.
Stocks appear vulnerable to renewed decline.
The stock price recovery/consolidation since the low of 11/21/08 appears to be taking the shape of a potential Bearish Rising Wedge Read the rest of this entry »

December 11, 2008 | , , ,
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Exec seeks more money for med school

When William Crist was recruited for the University of Arizona's newly created position of vice president for health affairs, one of his chief duties was to spur the growth of the new medical-school campus in downtown Phoenix.
Crist took the $650,000-a-year position in August with the idea that the startup campus in downtown Phoenix would have nearly $500 million to spend on a health-science education building and a state-of-the-art research building.
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December 10, 2008 | , , , ,
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Business Notes

Manager named: KeyBank has named Bob Reineke to manage the branch at 310 S. Third St. in Harrisburg. He will manage the consumer and business banking service delivery at the branch, and is accountable for the branch’s revenue, expense management and profitability. Prior to joining KeyBank, Reineke worked as an investment representative with Edward Jones and as a loan officer with Infinity Lending Solutions, both in Eugene. He graduated from Read the rest of this entry »

December 9, 2008 | ,
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Inner Harbor Marketplace In Baltimore Up for Sale

For almost three decades, the collection of shops and restaurants housed under three roofs have been a magnet for tourists and given rebirth to what once was a dingy downtown where all but the bars went dark at quitting time.
, which is struggling to raise cash and avoid bankruptcy. General Growth acquired properties that included the Inner Harbor, Tysons Galleria, Landmark Mall and the
for $7.2 billion.
. The broker, DTZ Rockwood, said the Read the rest of this entry »

December 9, 2008 | , , , ,
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Wait. Why Is the FTC After Whole Foods?

need to take their continuing legal spat out of the courtroom and into the grocery store.
That’s right. Pack up the legal briefs. Grab a cab. There’s a
on L Street about a mile north of the F.T.C. headquarters in Washington.
A field trip is in order because the reasoning behind the F.T.C.’s efforts to stop a merger between Whole Foods Market and a smaller competitor, Wild Oats Market, has been undercut by marketplace realities.
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December 7, 2008 | , , ,
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