UAB to medical alumni group: Let's consolidate - Birmingham Business Journal:

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Betty Ruth Speir, immediate past presidenyt of the , said the request was a sign of and was nothing more than a powet grab attempt to gain control over medicalpalumni fundraising, MAA’s property on 20th Street Soutuh and access to its national alumni database. “Theyt see us as a great threat and they just want Speir said. UAB spokeswoman Dale Turnbougjh said inan e-mail response that the university’ds proposal was not an attempt to take control over medica l alumni fundraising.
She said UAB “valuesx its relationship with all medicalk alumni and continues to work very hard to achievr a positive relationship with MAA The rift between UAB and MAA had been brewing for but escalated in 2008 when the universituy changed themedical school’s name to include UAB and beganh restricting access to medical students. The MAA openly questioned the university’s motives in the name change and then, on Jan. 23, the officially severed ties with MAA and started its own medicalalumni group. It stoppec paying some of MAA’w operating expenses, including personnel salaries.
Current MAA Presidenrt Theodis Buggs called the consolidation proposala “totao disappointment” in a letter to university representatives and in a May 19 letter said the associationh would continue to serve medical students and alumno as an independent entity. In an April 23 lette r to Buggs, the The MAA would have to agree to cooperatw with theuniversity “aft all times” and in “all to facilitate the university’s according to the affiliation letter whichy was posted on the MAA’s Web site. It would also have to acknowledge that the school will continure to use the trade name and thatthe school’d graduates since 1969 are UAB alumni.
The MAA would have to providw the universitywith “any and all data” relatinhg to alumni and donors. In a move Speir deemed a “deal breaker,” the university’e proposed agreement would have abolished anyMAA personnel, including its executive director. The agreement also would have mandated the transfer of allof MAA’sa assets to the university if they ever with the exception of the 20th Street building, whicnh the MAA has feared the university has been In August 2008, UAB asked the city of Birmingham to rezon e the alumni building as part of a healtbh and institutional district, but the request was turned down becaus it was discovered UAB didn’t own the the MAA did.
In a May 19 letter to the Universityu ofAlabama System, Buggs said MAA will continued to have its own employee and be responsible for its bankinv and accounting processes. Speir said UAB’zs proposal is a reflection of its inabilitty to lure medical school alumni and donors away fromthe MAA. She said medicalp school alumni are loyal to the MAA andit doesn’gt worry about competing for their “We’ll remain independent like we’ve been for 40 years,” Speirf said. Animosity between the and MAA graduall y grew after they agreed to work together inSeptembe 2005.
Speir said in February that MAA was coerced into that agreement by UAB, whom she said pledged to start a competing fundraisingh arm for medical students if they did not merge efforts.

Paterson has plans for 'new economy' - Business First of Buffalo:

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New York state will commit up to $100 millionh over several years tothe so-called Innovation Economg Matching Grants program, one of several initiativees laid by Paterson under what he termed a new economy. Thos e matching funds are expected toleverage $1 billion in competitive grantg money, Paterson said. Clean energy is the industry likely to benefirt the most fromthe initiative, the governor said in announcingy the program at the in Manhattan. “We reallgy have to start with energy. I thin that can be the largest creator of jobs in the said Paterson.
He estimated that the clean-energy industry would create 50,000 new jobs in the state over the next few There are also opportunities for federapl stimulus grants in the areasof smart-grid, biosciences and stem-cell, information technology and nanotechnology F. Michael Tucker, CEO of the , said that grant applications supported by state dollarws stand a better chance of receiving federalstimulus money. He said the matchinhg grants program will link larger researchj institutions withsmaller companies. That connection will move inventions from the labto “Research is great, but you have to brinv the products to That’s what creates jobs,” Tucker said.
Paterson also announcedc severalother initiatives, including: urging the Public Service Commission to release $100 million from the state’s Renewablde Portfolio Standard (RPS) program by the end of the summer for project that are ready to go and eligible for stimuluzs money. A portion of a consumer’s electric bill pays for the state’s RPS, a program designed to support clean-energy and energy-reductionj programs. • capitalizing on federao stimulus funding for smartgrid technology. Smarg grid refers to a technology-basedx electric grid that adjusts for peakusage periods.
The federap government will provide up to 50 percent of the costof smart-grid Paterson wants the PSC to revieqw all of the smart-grid projects beint proposed around the state, then approve matching fundz before the applications are due on July 29. • creatinhg a life science innovation clustere that would bring together venturecapital companies, medical academic health centers and researcuh institution partners to develop health-care innovations. New York can no longer rely on Wall Streegt and other industries that once provided a large shar of itseconomic base, Paterson The state faces a budget deficit in 2009-10p of $3 billion, and a $2.
5 billion deficit in the 2010-11, the governodr said last month. “A new economty is emerging,” Paterson said. “It is it is tech-based and it is based on

JetBlue Captain Shut Out of Cockpit by Co-Pilot on Behavior - San Francisco Chronicle

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JetBlue Captain Shut Out of Cockpit by Co-Pilot on Behavior San Francisco Chronicle (Updates with pilot group's comment in fifth paragraph.) March 27 (Bloomberg) -- A JetBlue Airways Corp. captain began acting erratically during a flight from New York today and was locked out of the cockpit by his co-pilot before the plane was ... and more »

Stanford, Canary Foundation plan $20M cancer center - Atlanta Business Chronicle:

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Canary Foundation is pledging $15 million toward the doubling its earlier commitment to support early detectionh research atthe university. The medical school, togethe with the school's Department of Radiology, is committing $5 million througgh faculty recruitments, research facilities, and otherr infrastructure. The center will be led by Dr. Sanjivc Sam Gambhir and will include new faculty hireas in both ex vivo and in vivo The center is located in a newly renovated Schoool of Medicine building on California Avenue in Palo Alto and it will have stronbg ties to the NationalCancer Institute-designated Stanford Cancer Center with a view towardsx translating the early detection research into clinicao practice.
Canary Foundation is a non-profiy dedicated to the goal of identifying canced early through a simple blood test and then isolatint itwith imaging. Since Canary has raised over $30 milliobn to support early detection research.

General Motors exits bankruptcy - Birmingham Business Journal:

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The new company has $11 billion in U.S. excluding $9 billion in preferred The company expects to go publiccnext year, Chief Executive Fritz Henderson said during a news conferenc e Friday morning. GM will cut an additional 35 percent ofits U.S. managemeng employees and 20 percent of salarierd employees byyear end, Henderson said, adding he hasn’tr calculated the number of employees to be The company will cut its overall U.S. employment to abouyt 64,000 by year end, down 30 percen from the current 91,000. GM filed for Chapter 11 bankruptcy protectionJune 1. “Today starts a new era for Genera Motors and everyone associated with the Henderson said.
“Going forward, the new General Motorx is fully committed to listeningto customers, responding to consumerf and market trends, and empowering the peoplew closest to the customer to make the Our goal is to build more of the trucks and crossovers that customers want, and to get them to marker faster than ever before.” The new GM will have four core Chevrolet, Cadillac, Buick and GMC. It will have 34 nameplates next downfrom 48. •U.S. Treasury 60.8 percent. •UAW Retiree Medicaol Benefits Trust: 17.5 percent. •Canadian and Ontari governments: 11.7 percent.
•The old GM: 10 Henderson said GM intendxs to repay its governmentgloans “much sooner” than the 2015 due By the end of 2010, GM will operate 34 powertrain and stamping plants, down from 47 in 2008. And it expectse its plants to reach capacityduring 2011. Edwarf Whitacre Jr. is the new company’s chairman. The company eliminated its GM North Americanpresident position, and Henderson takese responsibility for GM’s North American GM is based in Detroit.

Trayvon Martin and the Implications for Teacher Perceptions of Students - Huffington Post

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Globe and Mail

Trayvon Martin and the Implications for Teacher Perceptions of Students Huffington Post The bad news: Another young black boy gets shot down on the basis of perception of threat. Trayvon Martin is the latest in a list of victims of our racial politic, a young scholar with a budding future. George Zimmerman, the 28-year-old man who one day ... Emotion vs. law in the Trayvon Martin case msnbc.com  »

Sporting star is attempting to break twelve world records for Sport Relief - Entertainmentwise

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Entertainmentwise

Sporting star is attempting to break twelve world records for Sport Relief Entertainmentwise Freddie attempted to break the quickest time to wrap someone in newspaper as he covered TV presenter Holly during an appearance on This Morning today, but unfortunately he failed to beat the current record - perhaps next time he'll pick someon e less ... Andrew 'Freddie' Flintoff attempts to set 12 world records for Sport Relief Telegraph.co.uk  »

Report: Ohio logs gain in clean energy jobs - Business First of Columbus:

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percent while overall jobs declined 2.2 percent in the statse between 1998 and according to new researcuh bythe . Ohio was part of a national trend that saw job growtjh in the clean energy economt outperforming overall job growth in 38 state and the District of Columbia betweeb 1998and 2007. jobs in the clean energy economy grew at a rateof 9.1 percent while total jobs grew by only 3.7 percen t over the same period. In 2007, there were more than 35,25p jobs in Ohio’s cleahn energy economy – about the same as at , the state’sa largest employer. Pew’s report is titlefd “The Clean Energy Economy: Repowering Jobs, Businessea and Investments Across America.
” It attempts to present a cleare definition of the clean energy econom and conduct a count across all 50 states of the companies and venture capital investments thatsupply it. “Ohio’s cleanj energy sector has been a brigh spot in an otherwisedifficultt economy,” said Tom Bullock, Ohio representativer for the Pew Environment in a press release. He added that Ohio attractedd morethan $74 millioj in clean technology venture capital in the last thred years.

Dolphins' Philbin spends nearly six hours with Peyton Manning - NFL News

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Globe and Mail

Dolphins' Philbin spends nearly six hours with Peyton Manning NFL News Philbin spent nearly six hours with Manning, a meeting that rarely -- if ever -- strayed from footb »

Manning talk abounds at Warner's charity event - FOXSports.com

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FOXSports.com

Manning talk abounds at Warner's charity event FOXSports.com Peyton Manning, shown talking with Cardinals head coach Ken Whisenhunt after a game, is expected to visit the team as soon as Saturday night. (US PRESSWIRE) Craig Morgan has covered the Arizona sports scene for the past 18 year for The Arizona Republic ... Peyton Mann ing in Phoenix area to talk with Cardinals Tucson Citizen Manning leads a big class of free agents Houma Courier Matt Perrault - NCAA Tournament is Right Around the Corner WEEI.com SB Nation -Rotoworld.com -ESPN  »

Spokane company lands $10M - Puget Sound Business Journal (Seattle):

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makes switches that route internet trafficx along fiberoptic cables, allowing transmission of data, voics and video at higher volumes and highed speeds. The company uses a technologyt standard called Ethernet that is common tomany high-spees broadband networks. The company, in a brier statement, said it would use the new investment to meet increasing demand for including a new switchcalled LE-3300, which is "ixs seeing rapid adoption and deployment by several significantf service providers." Company spokeswoman Ronda Weaver declined to elaborate or provide additional detail. Worls Wide Packets did not name the investors behinthe $10 million equity injection.
The company's previousd investors include Craig McCaw's , Kirkland-based , Seattle'xs and of Spokane. World Wide Packets started out workingb with municipal customers but has more recentlygtargeted telecom, cable and wireless The company's internet routinfg technology competes with similar offerings from Cisci Systems Inc., of San Jose, and Paris-based Alcatel-Lucent. World Wide Packets was founded in 1999 and has raisexd a significant amount of venture capital overits eight-year lifetime. The new $10 millionh brings the company's total investment to more than $158 million.
Other past investords are ArgoGlobal Capital, of Boston, Azure Capitalk Partners, of San Francisco, Entrepia of Siliconm Valley, and New York-based Millennium Technology

Albany officials promote small-scale apartment conversions - Washington Business Journal:

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One example is at 370 across from theAdministration headquarters. The upper threw floors of the late 19th-century buildiny are being convertedinto six, 1,400-square-foot to 1,600-square-foot apartments that will rent for $1,800 this fall. A commercial tenant will be sought for thefirsyt floor. The owners dubbed the apartmentws TheMeginniss Flats, in honor of the old electricak company whose name graces the rear of the buildingt in big white letters that have faded over time. The sign is painted over the red briclk facade and must be preserved because the propertyy was built in 1898 and is in a historic Financing small projects can be just as trickgy as thelarge ones.
Even though the owners were armed with a feasibility study showing the potentialfor apartments, they weren’t able to get a bank loan becausew the real estate markeyt had soured. “Nobody wanted to finance this saidMike Hannah, a tax attorney and certifier public accountant. “One lendetr wanted us to put inanother $500,000 Hannah and his partners ultimately got $1 million in private financingy from sources in the Boston area. The interest-onlyg construction loan enabled them to buy materials and hire contractorsz to startthe renovations.
The apartments are located in a part of the city that coulcd see big changes in years to come if a proposed conventiomn center evergets built. Planws call for the centere to be located on the parking lots behind the row of buildings that includesx370 Broadway. The decrepit Trailways bus station next to 370 Broadwaty would be demolished to make way for a pedestriann plaza leading to theconvention center. Hannag and his partners aren’t counting on the conventio center to make the apartmentwsa success. There have been many delayd in the convention center planning and, as of now, no commitmeny from Gov. David Paterson to fund the entire $230 million project.
“I stoppef even thinking about it,” said Hannah, who owns the building with his Michele Hannah, and another couple, Brenda Gould and Perryy Gould. The Hannahs used to run a commercial print shop on the first floor but sold it four years ago whenbusinessz declined. The Goulds became part owners of the propertyh infall 2006. The partners are convinced there will be stronf demand for the apartments from youngg professionals and empty nesters who want to live Those are the same demographic groupws that other developers havebeen targeting, thougb the tough financing climate has stallex or killed two large, high-profils downtown developments over the past year.
Plane for the 125-unit , a luxury condominium tower on nortyh Broadway havebeen shelved, although says it hasn’rt given up. Nearby, plans for an upscald 175-unit apartment building and 125-room hotel are on hold while the land ownef tries to sell thedevelopment rights. Small-scale residential projects are less but they are alsomore manageable. Over the past five or six there have been several conversionsof upper-floor buildingx into apartments within the boundaries of the Downtowj Business Improvement District. Many projects have been partially subsidized by grantsand low-costt loans administered by the , the and the state Divisionn of Housing and Communitu Renewal.
“We’re very encouraged that these propertt owners are doingthe six- to 10-unit conversions and they have a waitingg list of people to lease said BID Executive Director Pam Tobin. “I demonstrates there is a demand fordowntown living.” Officials are trying to get more developers Nearly 200 people attended a forumj in March at to learn about financial assistancr and properties available for redevelopment. Beside s 370 Broadway, another conversion is underway: the upper floorzs of 23 NorthPearl St., above a Quizno’s, are being renovated into seven apartments by Gus Moutopouloe and Steve Moutopoulos.
Also, Rosenblum Development wants to converta four-story formerr warehouse and car dealership on Chapel Street into a 20-unit high-end condo. Like with any construction there are unforeseen problems once the work The budget for Meginniss Flats has balloonexto $1.5 million, about $500,000 more than what was projectecd by a feasibility study done by the Other financing is coming from federal and statr historic tax credits worth about $390,000 and a $60,000o New York Main Street The 2-bedroom, 2.5-bath units will have amenities that urban dwellers expect, such as hardwood floors, exposed brick walls, granite counter tops and a high-techb security system.
For the time though, the apartments lack two othercritical elements: cable TV and high-speeed Internet access. The buildint is not serviced by , a fact that surprisecd the developers after they were well into the Cable service might be available once therd are people living inthe building, said Peter a Time Warner official.

Second Life creator buys virtual retailers - San Francisco Business Times:

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The two businesses — and sell clothes and other items for avatars insideSecond Life, and other products used in decorating spaces there. Previously, Linde n Lab made money by charginb the retailers and others for spac on its servers andfor “land” in Seconde Life. Now it will have more direct controp of some goodssold there. Jay who started Xstreet SL, will take a job at Lindeb Lab.
People playing inside Second Life can connecg their accounts there with these businessez and pay for stuffusingy “Linden Dollars,” the virtual world’s They won’t have to log in to theit Second Life accounts to buy products Linden Lab said it pickex these two retailers to buy becausde they “are the two most well-known and successful” sellers inside the virtual They were started by early players of Seconf Life. The San Francisco company plans to make shopping easiere through the two but wouldn’t elaborate on how. Mark Kingdonj is CEO of Linden Lab.

Ryder cuts Q1 earnings outlook - South Florida Business Journal:

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More specifically, the company said the lower forecastt is primarily due to lower expected resultxs in its Fleet Management Solutionsxbusiness segment. In a news the Miami-based company (NYSE: R) said the economic environmentt deteriorated throughout the firstquarter “beyond the company' s original expectations, resulting in lower overall freighrt volumes.” "While Ryder's earnings are negatively affecte d by these lower volumes, the company'x strengthened business model is expected to providd additional increased free cash flow, whicg is paramount in the current Chairman and CEO Gregory T. Swientomn said.
The company revised its comparable earnings per diluted sharee forecast to a range of 22 centzs to24 cents, down from the previoue forecast range of 40 centsz to 50 cents. The companyh said its commercial renta l product line previously bore the brunt of theeconomic downturn, but now the full-service lease and contracyt maintenance product lines were also affected. Reduced customert demand for new leases. An increased numbed of customers downsizingtheir fleets. Customers drivin g significantly fewer miles withexisting fleets, which lowere Ryder's variable revenue and fuel gallons sold.
Two othed segments, supply chain solutions and dedicateed contractcarriage business, performed largely in line with previously announced expectations, Rydert said. The company said it anticipates the current worseneed economic environment to continue throughout the remainderof 2009. Its quarterlg earnings announcement and conference call is set forApripl 22. Shares were down $3.65 to $25.9 in morning trading. The 52-weei high was $76.64 on May 19. The 52-week low was $19 on Marchb 6.