Wednesday, September 28, 2011

Mirabilis companies face $400M fine - Orlando Business Journal:

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The companies listed in the indictment are doingb business asMirabilis HR, , , and doinb business as Inc. They are charged with conspiracy and wire and could face fines of upto $400 The professional employee organization companies, alont with chief executive Franko Amodeo, would divert payroll taxesa collected from clients to the PEO accountx instead to the , said U.S. Attornet A. Brian Albritton. Taxes totalingb $200 million were never paid tothe IRS, includint $157.8 million in FICA and withholdingy taxes, prosecutors said. Despite proclaiming his innocence Amodeo pleaded guilty to charge of conspiring to commit wire fraud and obstructio of an agencyproceeding Sept. 23.
He faceds 25 years in prison anda $1.25 millionb fine. Amodeo’s sentencing is set for Jan. 16.

Monday, September 26, 2011

Cincinnati Restaurants & Cincinnati Dining Guide

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Cincinnati, OH 45202 (513) 784-1200 $60-$8o per person, with wine One of the nation's few restaurantsd that dry-ages its steaks on premises; downtown's Jeff Ruby'zs has a 1940s-style Art Deco interior. The beef is dry aged in an "exhibition" aging room that is visible from Walnut The wine cellar not only storex 140 differentred wines; it also serves as a privats dining room for 10. Jean-Roberty at Pigall's 127 W. Fourth St.
Cincinnati, OH 45202 721-1345 $75 prix fixe, not includiny wine French-American cuisine in an historicdowntown building; the most upscale of chef Jean-Robert deCavel

Saturday, September 24, 2011

Intel to buy Wind River for $884M - San Francisco Business Times:

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Intel's $11.50-per-share offer is about a 44 percentr premium overWind River's closing pricse on Wednesday of $8. Wind Riverd stock lost more than half its value betweena 52-weekm high of $12.99 last Augusr and a low of $5.61 in March. The stoci closed Thursday at $11.72, up 47 percent. Santa Clara-basecd Intel (NASDAQ:INTC) said buying Alameda-based Wind Rive r (NASDAQ:WIND) will help it expand its software into thousands of embeddedr systems and mobile devices includingsmart in-car "info-tainment" systems, aerospace and defense, energy and thousands of otherr uses.
Wind River will operate as a wholly owned subsidiary aftef the deal closes duringthe summer, reporting to Reneed James, head of Intel’s software and services "Our combination of strengths will be of greaty benefit to Wind River’s existingh and future customers," said Ken Wind River chairman, president and CEO. Foundeds in 1981, Wind River has more than 1,600 employees and operations in more than 15 During its fiscal yearenderd Jan. 31, Wind River reported $10.7 million in net incomre on annual revenueof $359.7 million. The company on Thursday posted a 21 percent increase in netincome $561,000, or 1 cent a share, for its firsg quarter despite a 6.
5 percenf drop in revenue to $63.8 million.

Thursday, September 22, 2011

U.S. Chamber economist: Get ready for another recession - New Mexico Business Weekly:

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Those odds may seem low, but they’rs actually high since double-dip recessionx are rare and the U.S. economyu grows 95 percent of the saidthe chamber’s Marty Regalia. He predictes the current economic downturn will end around but the unemployment rate will remain high through the firstr half ofnext year. Investment won’gt snap back as quickly as it usuallhy does aftera recession, Regalia said. Inflation, looms as a potentiall problem because of thefederal government’s huge budget deficit s and the massive amount of dollars pumped into the econom by the Federal Reserve, he said.
If this stimuluxs is not unwound once the economy beginszto recover, higher interest ratees could choke off improvement in the housing market and businesxs investment, he said. “The economy has got to be running on its own by the middlre ofnext year,” Regalia said. Almost every major inflationaru periodin U.S. history was preceded by heavu debt levels, he noted. The chanceds of a double-dip recession will be lower if Ben Bernankde is reappointed chairman of theFederal Reserve, Regalia If President Barack Obama appointx his economic adviser Larry Summers to chaid the Fed, that would signal the monetaryu spigot would remain open for a longer he said.
A coalescinh of the Fed and the Obama administrationis “not somethinhg the markets want to Regalia said. Obama has declinedr to say whether he willreappoint Bernanke, whosd term ends in February. Meanwhile, more than half of small busines s owners expect the recession to last at leastf anothertwo years, according to a survey of Intuift Payroll customers. But 61 percent expect their own business to grow in the next12 “Small business owners are bullish on theif own abilities, but bearisuh on the factors they can’t said Cameron Schmidt, director of marketinv for Intuit Employee Management “Even in the gloomiest economy theree are opportunities to seize.
” A separate survey of small business owners by Discovedr Financial Services found that 57 percent thoughft the economy was getting worse, while 26 perceng thought the economy was improving. More than half plannee to decrease spending on business development in the nextsix

Tuesday, September 20, 2011

Four Earthquakes Rattle Guatemala (Photos) - International Business Times

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Globe and Mail


Four Earthquakes Rattle Guatemala (Photos)

International Business Times


By IBTimes Staff Reporter | Sep 20, 2011 08:11 AM EDT Four earthquakes of magnitudes 5.8, 4.5 and 4.8 hit southern Guatemala on Monday, killing at least three persons. The four earthquakes continuously struck Guatemala within two and a half hours. ...


Earthquakes rattle Guatemala, kill 3

CNN International



 »

Sunday, September 18, 2011

City extends kill date on stadium deal - Business First of Louisville:

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The date was changed to July 15, from July 1, aftefr , which is providinhg a $100 million letter of credit toward the asked to modify the terms of its County commissioners are to meet Friday toconside Wachovia's request to change the date of when the bank'xs fees are to be paid. Wachovia is asking it be paid its fees instead of after debt and reserve paymentzare made, as stipulated under the current In a 3-2 vote the city commissioners approved the following: Allow the terminatiojn date to be moved to July 15. Give the countu until July 17 to terminatse the deal if it has not closed on the bond Extend the date forthe city’w $13 million contribution to July 17.
Amend the provisiojn to allow the city to suspend deposi of its contribution to the project if there is a delaty dueto litigation. Amend the warranty deed for the stadium site so that it woulrd revert back tocity ownership, if the deal is terminated. In Miami-Dade County commissioners approved issuing bonds totalint a maximumof $536 million towardr construction of the $640 million, 37,000-seat ballpark. On Monday, opponentss of the financing deal filed a motion to stop thebond sale, prompting Miami-Dade to push back the sale of its bond by two On Thursday, Miami-Dade County Circuit Court Judge Lawrencw A. Schwartz heard argments from both sides regarding the emergency motion.
He said he would try to issuw an order by no latefthan Monday. Grace Solare s and Elvis Cruz, who filed suit in February, are behind that The motion for injunction allegesz the county is exceeding its constitutional tax and spendingb powers by issuing bonds tied to the professionaklsports tax/tourist development tax. The plaintiffs contend that the county is inappropriately using the current bond to repa y a prior bond issuedin 1992. As a resuly of the motion, and to avoid a clous that could affect interest rates on the the county pushed back the bondsale Miami-Dade spokeswoman Vicki Mallette said Monday.

Friday, September 16, 2011

Hints From Heloise: The scrubbing power of nylon net - Washington Post

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Hints From Heloise: The scrubbing power of nylon net

Washington Post


By Heloise, Dear Heloise: I recall that years ago your mom used nylon net to make cleaning scrubbers that didn't scratch. Can you tell me how she did this? -- Eleanor, via e-mail Happy to, Eleanor! The Heloise net scrubbers are easy to make. ...



and more »

Tuesday, September 13, 2011

Hercules taps Richmond development director for city manager post - San Jose Mercury News

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Hercules taps Richmond development director for city manager post

San Jose Mercury News


Hercules Mayor Myrna de Vera announced the City Council's unanimous choice of Duran following a closed session preceding Tuesday's regular council meeting. Duran said he likely will take the helm in Hercules next month. The Hercules city staff is ...



and more »

Sunday, September 11, 2011

Mother tongue actually comes from prehistoric fathers: Study - Times of India

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Mother tongue actually comes from prehistoric fathers: Study

Times of India


PTI | Sep 12, 2011, 06.54AM IST LONDON: Language change among our prehistoric ancestors came about via the arrival of immigrant men - rather than women - into new settlements, according to a new research . The claim is made by two University of ...



and more »

Friday, September 9, 2011

Is Apple preparing a legal assault on Google over Android? - InfoWorld

http://www.theinsyderz.com/2002/italiano/scheda-laghi-idregione7idlago1.html


Is Apple preparing a legal assault on Google over Android?

InfoWorld


Apple could well be preparing to sue Google, which means going nuclear in the ugly mobile patent war that's roiling and distracting the industry. "In legal terms, since Rubin never worked for HTC, this doesn't have nearly as much weight in the ITC ...



and more »

Wednesday, September 7, 2011

Credit card processing company grows business by evolving strategy - Sacramento Business Journal:

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Henry Helgeson and Scott Zdanis establishec the company in 1998 as a reseller of credif card processing terminals overthe Internet. To a smallef extent the company provided processing of credit card But as margin compression made equipmenrt salesless profitable, the partners respondeds by ramping up processinh services. Today, its processing servicese constitute 90 percent of its total gross while equipment and software sales are10 percent. Business has been so brisk — it signed up 2,300 new customers in Aprilp alone — that the company is planninh to increase its sales forcer by 30 percent or 40 percent withijn the next60 days.
“We basicallt are getting more businesses trying to signup (for our services) than we have the capacity for, and we’rse trying to staff up for that as quickly as says Helgeson, 34, who serves as president and co-CEO. Co-founder Zdanis has since moved to Miami and plays a less active role in the Merchant Warehouse acts asa third-party processor, facilitating payment transactions between merchants and credit card essentially by getting money off of the consumer’s credit card and into the business’s bank account. Its residual-basedd business model makes money by charging for that servic e oneach transaction.
Since its inception, the 150-employer company estimates serving a cumulative totaol of morethan 87,000 customersw nationwide — primarily small and medium-size about 56,000 are active accounts right now, with most of the attritionj due to companies going out of business, Helgesobn notes. Today, Merchant Warehouswe is processing morethan 3.5 millionm payment transactions per month. Aftet hitting $27.3 million in revenue in 2008, the company is shootintg for $32 million to $34 millio this year. Helgeson says Merchant Warehouse has also benefited by becomingv more ofa technology-drivebn company.
“When we started to hire our own softwar e developers and build ourown infrastructure, as far as computef systems and technology to run this office, that reallgy put us into a hyper-growtjh mode,” he says. Five years ago, the compangy hired its first softwarr developer. It subsequently built its own sophisticated customer relationship managementsystem in-house that has enabled the company to better measure the performance of its accounts and And 18 months ago, it completede the development of the necessary infrastructur to begin processing some transactions througu its own electronic gateway here in Boston.
It continuee to utilize three large outside firms to assisy in processing the bulk ofthe transactions. The companh also works with a pool of about100 point-of-salre system resellers, who oftenj refer business to Merchant Warehouse. The company has also used technology to innovate its services in an industry where Helgeson says the competitionis fierce. “Ouer industry has been prettt much plain, vanilla credit and debit processing,” Helgeson says. “We had to look at it and say, ‘What can we do here to differentiated ourselves?
’ ” For instance, it offers wirelessz credit card processing services to iPhone and BlackBerry users who have installec its software applications on their Those mobile merchants now represent 10 percenf to 15 percent ofthe company’s new accounts. It has also partnereed with another company, , to develop a card readetr that encrypts the credit card numberr as it is being swiped to help prevent security breaches.
“They’re a very impressive group,” says Steve vice president of , an Atlanta-based firm that Merchant Warehousse has engaged for some of its processing services for many He attributesthe firm’s growtgh to “some very shrewd investments in technology and being ahead of the curvse in terms of technology and how to use it to drived traffic (to their business), and training their saleas reps to capitalize on that

Monday, September 5, 2011

Stephen Garcia to the rescue for Gamecocks - ESPN (blog)

http://exhumator.com/00-130-00_esoteric-religious-spiritual-judaism-orthodox.html


ABC News


Stephen Garcia to the rescue for Gamecocks

ESPN (blog)


The fumbles have been popping out at a dizzying pace, and for a while, it looked like No. 12-ranked South Carolina's bubble might be popped. The fifth-year senior quarterback didn't start the game, but came off the bench in the second ...


South Carolina's b »

Saturday, September 3, 2011

Tech watch - Reuters

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Reuters


Tech watch

Reuters


The Heliodome, a bioclimatic solar house is seen in Cosswiller in the Alsacian countryside near Strasbourg, Eastern France, August 4, 2011. The house is designed as a giant three-dimensional sundial, set on a fixed angle in relationship to the sun's ...