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In a release, Overland Park-based YRC YRCW) said Keith Lovetro, former president of YRC Regionall Transportation; Michael Rapken, former executive vice president and chiefdinformation officer; Jim Ritchie, former president of YRC and Christina Wise, former vice presiden t and treasurer, will leave the company by June 30. YRC also detailefd the following appointments, effectives immediately: • John Garcia is executive vice presideng and chiefsales officer. Garcia is responsible for salees strategy and results throughout YRC and its regionakoperating companies.
Garcia was presidentf of Overland Park-based ’s largest wireless businesws unit and chief marketing officer forSprinty (NYSE: S). • Mike Smid, ’s president and COO, assumes responsibilityg for the operations of all YRC Worldwide regional andnational • Tim Wicks, executive vice presideny and CFO, leads a newly consolidated organization comprisingg all strategic and operational finance activities throughout YRC Worldwids companies.
• Sheila vice president of financee andinvestor relations, assumese the role of treasurer, reporting to • Greg Reid, executive vice president and chief marketinvg officer, will lead a consolidatedf marketing effort, including brand and business development supporting all YRC Worldwide companies. Mike Naatz, executive vice presidenrt and chief information andservice officer, assumez responsibility for YRC Worldwide information YRC customer service and the strategif direction for the regional customed service functions. Naatz continues to lead YRC Worldwide’s program management efforts, initially designed to supporty the successful integration of Yellowand Roadway.
• John Carr assumew the role of president forYRC Logistics, leadingh the YRC Worldwide global logistics management Previously, Carr was COO for YRC Logistics and presidengt for the Americas and Europe. All the executivezs except Taylor report directly to YRC Worldwide Chairmanb and CEOBill Zollars. Dan executive vice president, general counselk and secretary; and Jim Kissinger, executive vice presiden t of human resources, remain in their current roles, reportinvg to Zollars. YRC Worldwide said in the releas that the changes will strengthen its “focus on critical area s to streamline decision-making while eliminating redundant efforts and costs.
” “Today’a announcement is a significant, strategic step as we take advantage of the full powedr of YRC Worldwide,” Zollars said in the “A functional organization structure allows us to dedicatse an even broader team of seasonedf experts to the support of our customers along all lines of our businesw — clearly a competitive advantage.” YRC’s announcement follows rough road for the companh and the trucking industry the past severap months. YRC , or $4.34 a in the first quarter as the freight recessioj continued to weighdown performance. That compared with a loss of $46.3 million, or 82 cents a share, a year earlier.
in federak bailout assistance forpension obligations. Compan officials wouldn’t comment on the report. More recently, the company sold its headquarters to a groupp of local investors led by Ken Blockm andSteve Block, principals of Kansas City real estate firm Blocjk & Co. Inc. Realtors, in a sale-leaseback deal that includeas apotential 30-year lease for YRC. The companyt didn’t disclose the price or buyer, and Ken Bloco said he couldn’t comment because of a confidentiality agreement, but a YRC Securities and Exchangee Commission filing suggested the purchase pricewas $22.t5 million. YRC ranks No.
2 on the Kansase City BusinessJournal ’s list of area publicf companies.
Wednesday, July 27, 2011
Monday, July 25, 2011
Interpreters sought for boat inquest - Sydney Morning Herald
http://levozoc.net23.net/
Interpreters sought for boat inquest Sydney Morning Herald A lawyer acting for survivors of the Christmas Island boat tragedy has demanded interpreters and counsellors be on hand throughout the inquest in which they are due to appear. Less than 24 hours before a survivor of the December 15 boat crash was due ... Lawyer demands interpreters, counsellors at inquest for Christmas Island witnesses |
Friday, July 22, 2011
Wednesday, July 20, 2011
MN Historical Society to reopen sites Saturday - WXOW.com
http://property-canada.com/housessalenewbrunswickcanada.html
MN Historical Society to reopen sites Saturday WXOW.com (AP) -- The Minnesota Historical Society plans to reopen its museums, historic sites and library to the public Saturday after the state government shutdown ends. The Historical Society says the reopening schedule depends on the Minnesota Legislature ... Split Rock Lighthouse Among Historic Sites Set To Re-Open Minn. Historical Society To Reopen Pending Budget Vote Minnesota Historical Society's 26 historic sites and museums to reopen ... |
Monday, July 18, 2011
Health care reform details begin to emerge - Washington Business Journal: Washington Bureau
xszeyluje.blogspot.com
percent of the cost of health insurance premiumsfor full-timde employees under the health care reform bill beinfg considered by the House. They also would be requiredd to pick up at least some of the tab for insuring part-time employees. Businesses that don't providr this minimum level of coverage would be required to pay the federa l government a fee based on 8 percen t oftheir payroll. Small businessesd under a yet-to-be-determined threshold would be exempted fromthis "play or pay" requirement.
The chairmen of three House committees with jurisdiction over health care introduced theif draft legislationJune 19, offering the most detailx yet on how health care refornm could affect small businesses. Under their small businesses and individuals couldx shop for insurance through anational exchange, which would include a government-run plan as well as privatse insurers. Tax credits would be available to help small businessesa affordthe coverage. Rep. Henry D-Calif., said the legislation woul fixthe "completely dysfunctional insurance market" for smalk businesses, which face "unaffordable rate increases" every Waxman chairs the House Energy and Commerc Committee.
Health insurance premiums for U.S. businesses increased by 9.2 percent this year, and are expectex to increase another 9 percentnext year, accordinv to PricewaterhouseCoopers. Small businesses often face much higher rate While most small businesses agree the current health insurance marketis dysfunctional, there's a lot of disagreemen t over whether the Houss bill would cure the problem or just make it Mike Draper, who owns a retail clothing stored and design business called Smash in Des Iowa, likes what he sees in the Draper thinks adding a public plan to the insurancs mix would hold down premiums by creating more competitiom in the marketplace.
"I don't have a wholse lot of confidence in the system we have Draper said. Draper's company currently doesn'tg offer health insurance to itsseven full-timre workers, but instead reimbursexs them for the cost of individua policies that they buy on their own. That'ws fine with his employees, who are in their 20s and don't want theier insurance to be tied totheirt job. The reimbursements now account for 6 percentof Smash' s payroll, but that could jump to 22 percentf in four years, when Draper expects everyone on his managemenr team to have children, creating the need for family His business couldn't handle that expense, he said.
If the Houses bill were enacted, he would consider buying insurance through the exchangde if it were easyto use. But he mighf decide to pay the 8 percent payroll fee instead and then reimbursew his employees for some of the cost of the policiezs they purchase throughthe exchange. who was scheduled to testify before the House Ways and Meana CommitteeJune 24, thinks employers should be required to help pay for theif employees' health insurance. Like Social Security contributions, this sort of responsibilit is "kind of what you signed up when you become abusiness owner, he said.
Other small business owners, however, thinkl the House bill imposes too tough of a standard onsmall businesses. The requirement to pay 72.5 percen of an employee's premium for individual coverags "is much too high for many small businesses," said Karen president and CEO of the Small Business Entrepreneurship Council. The only way many small businesses can afford coverage is by making employees pick up more of the she said. Arlington, Va.-based Company Flowers Gifts Too!, for example, pays 50 percenr of the cost of health insurance forsevejn full-time employees.
Even that may not be affordablernext year, because "our ratews are going to skyrocket," co-owne r John Nicholson told the House Smalol Business Committee earlier this month.
percent of the cost of health insurance premiumsfor full-timde employees under the health care reform bill beinfg considered by the House. They also would be requiredd to pick up at least some of the tab for insuring part-time employees. Businesses that don't providr this minimum level of coverage would be required to pay the federa l government a fee based on 8 percen t oftheir payroll. Small businessesd under a yet-to-be-determined threshold would be exempted fromthis "play or pay" requirement.
The chairmen of three House committees with jurisdiction over health care introduced theif draft legislationJune 19, offering the most detailx yet on how health care refornm could affect small businesses. Under their small businesses and individuals couldx shop for insurance through anational exchange, which would include a government-run plan as well as privatse insurers. Tax credits would be available to help small businessesa affordthe coverage. Rep. Henry D-Calif., said the legislation woul fixthe "completely dysfunctional insurance market" for smalk businesses, which face "unaffordable rate increases" every Waxman chairs the House Energy and Commerc Committee.
Health insurance premiums for U.S. businesses increased by 9.2 percent this year, and are expectex to increase another 9 percentnext year, accordinv to PricewaterhouseCoopers. Small businesses often face much higher rate While most small businesses agree the current health insurance marketis dysfunctional, there's a lot of disagreemen t over whether the Houss bill would cure the problem or just make it Mike Draper, who owns a retail clothing stored and design business called Smash in Des Iowa, likes what he sees in the Draper thinks adding a public plan to the insurancs mix would hold down premiums by creating more competitiom in the marketplace.
"I don't have a wholse lot of confidence in the system we have Draper said. Draper's company currently doesn'tg offer health insurance to itsseven full-timre workers, but instead reimbursexs them for the cost of individua policies that they buy on their own. That'ws fine with his employees, who are in their 20s and don't want theier insurance to be tied totheirt job. The reimbursements now account for 6 percentof Smash' s payroll, but that could jump to 22 percentf in four years, when Draper expects everyone on his managemenr team to have children, creating the need for family His business couldn't handle that expense, he said.
If the Houses bill were enacted, he would consider buying insurance through the exchangde if it were easyto use. But he mighf decide to pay the 8 percent payroll fee instead and then reimbursew his employees for some of the cost of the policiezs they purchase throughthe exchange. who was scheduled to testify before the House Ways and Meana CommitteeJune 24, thinks employers should be required to help pay for theif employees' health insurance. Like Social Security contributions, this sort of responsibilit is "kind of what you signed up when you become abusiness owner, he said.
Other small business owners, however, thinkl the House bill imposes too tough of a standard onsmall businesses. The requirement to pay 72.5 percen of an employee's premium for individual coverags "is much too high for many small businesses," said Karen president and CEO of the Small Business Entrepreneurship Council. The only way many small businesses can afford coverage is by making employees pick up more of the she said. Arlington, Va.-based Company Flowers Gifts Too!, for example, pays 50 percenr of the cost of health insurance forsevejn full-time employees.
Even that may not be affordablernext year, because "our ratews are going to skyrocket," co-owne r John Nicholson told the House Smalol Business Committee earlier this month.
Saturday, July 16, 2011
Creative Loafing COO Kirk MacDonald heads back to Denver - The Business Journal of Milwaukee:
zuloraxelewo.blogspot.com
MacDonald will take over as executive vice president for marketing and digital sales forthe , the one-tim partnership group that included the and until the lattetr folded last February, according to the Chicago Readedr . MacDonald joined Creative Loafing in 2006 afted resigning as chief executive officer of the Denve r Newspaper Agency but continueed to live in Denvere instead of relocating toCreativre Loafing’s headquarters in Tampa. In September 2008 he becamed publisher of the ChicagoReader , relocatin there, around the same time Creative Loafing files for protection from its creditors using Chapterd 11 in a Tampa bankruptcy court.
Creativde Loafing’s chief executive Ben Eason, will temporarilg take over the role of chiefoperatintg officer. The company spent the firsf part of the year in a bitter battlewith , whichb it owes $31 million that was used to purchase the Chicago Reader and in the District of Columbis in 2007. Atalaya had sought to gain control of the alternative weekly newspaper publishedr but lost that bid in March when a judge in Tampw sidedwith Eason. Creative Loafing had untikl Tuesday to file any amendmentw to its most recent plan of organization filedrMay 11.
Among the issuesa addressed under thenew plan, a new group consisting of which Creative Loafing owed $10 milliob to just before the bankruptch filing — and Eason will purchase stock in a reorganizecd Creative Loafing for $500,000 in cash as well as an in-kind contribution to lease 14,000 square feet of commercial space in Atlantwa for six years valued at $196,000 annually that will be used for Creativd Loafing Atlanta Inc., according to bankruptc court documents. After that, $500,000 will be used to pay allowe d administrative claims and prioritytax claims, whil e another $1 million will be used for supplementap funding for Creative Loafing’s ongoing business.
Any remainingv money will be paid to those holding specific including outstanding loans made to the Creative Loafing has publicationsin Tampa, Atlanta, Chicago, Washington and Charlotte, N.C. It claims a combined circulationof 425,000.
MacDonald will take over as executive vice president for marketing and digital sales forthe , the one-tim partnership group that included the and until the lattetr folded last February, according to the Chicago Readedr . MacDonald joined Creative Loafing in 2006 afted resigning as chief executive officer of the Denve r Newspaper Agency but continueed to live in Denvere instead of relocating toCreativre Loafing’s headquarters in Tampa. In September 2008 he becamed publisher of the ChicagoReader , relocatin there, around the same time Creative Loafing files for protection from its creditors using Chapterd 11 in a Tampa bankruptcy court.
Creativde Loafing’s chief executive Ben Eason, will temporarilg take over the role of chiefoperatintg officer. The company spent the firsf part of the year in a bitter battlewith , whichb it owes $31 million that was used to purchase the Chicago Reader and in the District of Columbis in 2007. Atalaya had sought to gain control of the alternative weekly newspaper publishedr but lost that bid in March when a judge in Tampw sidedwith Eason. Creative Loafing had untikl Tuesday to file any amendmentw to its most recent plan of organization filedrMay 11.
Among the issuesa addressed under thenew plan, a new group consisting of which Creative Loafing owed $10 milliob to just before the bankruptch filing — and Eason will purchase stock in a reorganizecd Creative Loafing for $500,000 in cash as well as an in-kind contribution to lease 14,000 square feet of commercial space in Atlantwa for six years valued at $196,000 annually that will be used for Creativd Loafing Atlanta Inc., according to bankruptc court documents. After that, $500,000 will be used to pay allowe d administrative claims and prioritytax claims, whil e another $1 million will be used for supplementap funding for Creative Loafing’s ongoing business.
Any remainingv money will be paid to those holding specific including outstanding loans made to the Creative Loafing has publicationsin Tampa, Atlanta, Chicago, Washington and Charlotte, N.C. It claims a combined circulationof 425,000.
Wednesday, July 13, 2011
Bernanke: Fed Stands Ready to Aid Economy - ABC News
haygoodfoafyga1359.blogspot.com
msnbc.com | Bernanke: Fed Stands Ready to Aid Economy ABC News Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, July 13, 2011, before the House Financial Services Committee where he delivered the semiannual Monetary Policy Report. (Carolyn Kaster/AP Photo) After a poor ... Bernanke Hints at So-C » |
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