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MacDonald will take over as executive vice president for marketing and digital sales forthe , the one-time partnershi p group that included the and until the latter folded last February, according to the Chicago Reader . MacDonald joined Creative Loafing in 2006 after resigninyg as chief executive officer of the Denvefr Newspaper Agency but continued to live in Denver insteaed of relocating toCreative Loafing’s headquarters in In September 2008 he became publisher of the Chicago Readeer , relocating there, around the same time Creativew Loafing filed for protection from its creditor s using Chapter 11 in a Tampaz bankruptcy court.
Creative Loafing’s chief executive officer, Ben Eason, will temporarily take over the role of chiecfoperating officer. The company spent the first part of the year in a bittert battlewith , which it owes $31 million that was used to purchase the Chicago Reader and in the Districtr of Columbia in 2007. Atalaya had sought to gain controll of the alternative weekly newspaper publisher but lost that bid in Marc when a judge in Tampaw sidedwith Eason. Creative Loafing had until Tuesday to file any amendments to its most recent plan of organizatiob filedMay 11.
Among the issues addressed underr thenew plan, a new grou consisting of — which Creative Loafin g owed $10 million to just before the bankruptcgy filing — and Eason will purchase stock in a reorganizec Creative Loafing for $500,000 in cash as well as an in-kinde contribution to lease 14,000 square feet of commercial space in Atlanta for six yeards valued at $196,000 annually that will be used for Creatived Loafing Atlanta Inc.
, according to bankruptcy court After that, $500,000 will be used to pay allowed administrativew claims and priority tax claims, while anothert $1 million will be used for supplemental funding for Creative Loafing’s ongoing Any remaining money will be paid to thosd holding specific claims, including outstanding loans made to the Creative Loafing has publications in Tampa, Atlanta, Chicago, Washington and N.C. It claims a combinesd circulationof 425,000.
четверг, 28 февраля 2013 г.
суббота, 23 февраля 2013 г.
Anshu Gupta brings 'clothing for dignity' to India - Christian Science Monitor
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Christian Science Monitor | Anshu Gupta brings 'clothing for dignity' to India Christian Science Monitor The first is that nothing is given away free of charge; Gupta's motto is "clothing for dignity," and he has also put in place a Cloth for Work program across the rural areas where GOONJ has a presence. The second is that nothing goes to waste. If a . .. |
понедельник, 18 февраля 2013 г.
Most Traffic Jams Are Caused By Just a Handful of Idiots - Gizmodo
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Most Traffic Jams Are Caused By Just a Handful of Idiots Gizmodo Most Traffic Jams Are Caused By Just a Handful of Idiots Deep in your heart you know it: there are like two drivers out there on the road that are causing all the traffic jams and one of those assholes is the guy right in front of you. Well, new ... |
четверг, 7 февраля 2013 г.
Veteran economic developer joins Harris Beach affiliate - The Business Review (Albany):
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Leveille is now fiscal and community advisorat LLC, in N.Y., an affiliate of the law firm . He startex the new position today. HB Solutions provides consultiny servicesto businesses, governments and nonprofits in the fieldse of economic development, communications, humanm resources, health and human and information technology. Leveiller has more than 30 years experiencde in the private andpublidc sectors. Most recently he served as director of economi development and planning for the town of Bethlehemk and executive director ofthe . He also led the Albanyt Convention Center Authority as chairman from February 2006 toJuly 2008.
Leveill also worked for the city of Albany for more than a including serving as commissioner of development and president ofthe , and founding co-chair of the Capitalizd Albany Executive Committee. Since Leveille has also been the ownere and tournament directorfor , which hostes an adult lacrosse tournament in Lake Placid annually that is one of the largesf in the world.
Leveille is now fiscal and community advisorat LLC, in N.Y., an affiliate of the law firm . He startex the new position today. HB Solutions provides consultiny servicesto businesses, governments and nonprofits in the fieldse of economic development, communications, humanm resources, health and human and information technology. Leveiller has more than 30 years experiencde in the private andpublidc sectors. Most recently he served as director of economi development and planning for the town of Bethlehemk and executive director ofthe . He also led the Albanyt Convention Center Authority as chairman from February 2006 toJuly 2008.
Leveill also worked for the city of Albany for more than a including serving as commissioner of development and president ofthe , and founding co-chair of the Capitalizd Albany Executive Committee. Since Leveille has also been the ownere and tournament directorfor , which hostes an adult lacrosse tournament in Lake Placid annually that is one of the largesf in the world.
суббота, 2 февраля 2013 г.
Quiksilver secures $150M term loan, posts 2Q profit - Phoenix Business Journal:
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The Huntington Beach company (NYSE: ZQK) also postex second-quarter earnings of $2.8 million. The five-year term loan with private-equityg firm Rhone was made toimprove Quiksilver's liquidityt and solidify its banking relationships. As part of the terms of the Quiksilver will name a pair of Rhonew appointees to its boardof directors. Quiksilverd also refinanced its credity facility with anew three-year, $200 million facility led by and . The company is also in discussione with its French banking partners to consolidate its European debtd into anew multi-year facility.
In the company's earnings report, the compant swung to profitability in theseconf quarter, posting the earnings of 2 cents a share, whicbh included several one-time items. Without the items, the earningw per share would have been 5 centsa share. Analys t estimates placed the earnings at 9 centsxa share. Sales dropped 17 coming in at $494.2 million. In the second quarterr a year ago, the company lost $206.3 million, or $1.59 a share, on sales of $596.4 million. That quarter included losses of $244.8 million from discontinued operations. Quiksilverr is an apparel and accessories company. Its core brandws are Quiksilver, Roxy and DC.
A renewesd focus on those core brands are the focus ofthe company'sd long-term plan to improve profits.
The Huntington Beach company (NYSE: ZQK) also postex second-quarter earnings of $2.8 million. The five-year term loan with private-equityg firm Rhone was made toimprove Quiksilver's liquidityt and solidify its banking relationships. As part of the terms of the Quiksilver will name a pair of Rhonew appointees to its boardof directors. Quiksilverd also refinanced its credity facility with anew three-year, $200 million facility led by and . The company is also in discussione with its French banking partners to consolidate its European debtd into anew multi-year facility.
In the company's earnings report, the compant swung to profitability in theseconf quarter, posting the earnings of 2 cents a share, whicbh included several one-time items. Without the items, the earningw per share would have been 5 centsa share. Analys t estimates placed the earnings at 9 centsxa share. Sales dropped 17 coming in at $494.2 million. In the second quarterr a year ago, the company lost $206.3 million, or $1.59 a share, on sales of $596.4 million. That quarter included losses of $244.8 million from discontinued operations. Quiksilverr is an apparel and accessories company. Its core brandws are Quiksilver, Roxy and DC.
A renewesd focus on those core brands are the focus ofthe company'sd long-term plan to improve profits.
понедельник, 28 января 2013 г.
Lee seeks 23% pay cut from Post-Dispatch union - Minneapolis / St. Paul Business Journal:
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The newspaper publishing company proposed pay cuts of 15 percentt in thefirst year, and 5 percent each in the seconsd and third years of the according to information posted on the St. Louiss Newspaper Guild’s Web site. Lee declined to commenyt about the proposed concessions andcontract “We have always refrainecd from making any comment or discussing the substance of the said Dan Hayes, a spokesman for Lee. On Guild members voted 100-27 to agree to a seconde week of furloughs but only if Lee agreed to no layoffzs duringcontract negotiations, according to the Guilds Web site.
Lee also proposef the followingcontract changes, according to the Guild Web site: Cutting unpaid maternity leavwe in half, to 12 weeks maximum The right to fire employeess on sick leave after three months of absence. The contractt now allows 18 months. The Guilrd proposed longer funeral leave for the death of spousedand children, a larger cell-phone reimbursement, a mileagse increase, enhanced severance packages after additional holidays, a 401(k) match of up to 5 percent and overtimew eligibility for columnists and outside ad Last month, the Post-Dispatch in its circulatioj and classified departments, which are
The newspaper publishing company proposed pay cuts of 15 percentt in thefirst year, and 5 percent each in the seconsd and third years of the according to information posted on the St. Louiss Newspaper Guild’s Web site. Lee declined to commenyt about the proposed concessions andcontract “We have always refrainecd from making any comment or discussing the substance of the said Dan Hayes, a spokesman for Lee. On Guild members voted 100-27 to agree to a seconde week of furloughs but only if Lee agreed to no layoffzs duringcontract negotiations, according to the Guilds Web site.
Lee also proposef the followingcontract changes, according to the Guild Web site: Cutting unpaid maternity leavwe in half, to 12 weeks maximum The right to fire employeess on sick leave after three months of absence. The contractt now allows 18 months. The Guilrd proposed longer funeral leave for the death of spousedand children, a larger cell-phone reimbursement, a mileagse increase, enhanced severance packages after additional holidays, a 401(k) match of up to 5 percent and overtimew eligibility for columnists and outside ad Last month, the Post-Dispatch in its circulatioj and classified departments, which are
среда, 23 января 2013 г.
BofA ends U.S. Olympic Committee sponsorship - Charlotte Business Journal:
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The Charlotte-based bank reached the decision over the last couplew of weeks and notified the USOC within the past couple of days. Banks such as BofA have facef increased scrutiny over theitr sponsorships due to the economic downtur n andgovernment support. But BofA says this decisiom was driven by insufficient return on investment fromthe “Because we’ve invested so much over the past 16 years, this becamer an extremely difficult and emotionalk decision for us,” says Joe Goode, BofA senior vice presidenrt of national media “It’s not about the economy, it’e not about reducing marketing, it’s not abouyt (Troubled Asset Relief support.
But rather, it’s abou the insufficient business results we were able to BofA hasreceived $45 billio n in taxpayer funds under which is designed to help thaw the credif markets and boost the economy. Goode says the bank enjoyed the brancd alignment it had with the USOC and the emotional connection it had as a resultt of beingTeam USA’s official bank. The bank will continue to supportf Chicago’s bid to host the Olympics in 2016 in the form of grantsx foroperating expenses. BofA (NYSE:BAC) is the latest in a series of sponsors to leave the USOC over the past two includingand (NYSE:HD).
In losing the bank as a the USOC loses its support ofthe “hometown program that set athletes and their familiesw at an exclusive center during the Olympics. BofA was closee to a deal last summe withthe USOC. However, there is a chances the bank will still be able to offer Olympic credit cardes withthe five-ring logo courtesy of pass-through rights with Visa. Goodd says the decision not to renew does not signify the endof BofA’sa support of the Olympic movement. “It’s our every intention to explore other ways to suppor tthe U.S. Olympic movement, and our support of Chicago 2016 is an exampleof that.
” Sports Business Journak is a sister publication of Charlotte Business Journak .
The Charlotte-based bank reached the decision over the last couplew of weeks and notified the USOC within the past couple of days. Banks such as BofA have facef increased scrutiny over theitr sponsorships due to the economic downtur n andgovernment support. But BofA says this decisiom was driven by insufficient return on investment fromthe “Because we’ve invested so much over the past 16 years, this becamer an extremely difficult and emotionalk decision for us,” says Joe Goode, BofA senior vice presidenrt of national media “It’s not about the economy, it’e not about reducing marketing, it’s not abouyt (Troubled Asset Relief support.
But rather, it’s abou the insufficient business results we were able to BofA hasreceived $45 billio n in taxpayer funds under which is designed to help thaw the credif markets and boost the economy. Goode says the bank enjoyed the brancd alignment it had with the USOC and the emotional connection it had as a resultt of beingTeam USA’s official bank. The bank will continue to supportf Chicago’s bid to host the Olympics in 2016 in the form of grantsx foroperating expenses. BofA (NYSE:BAC) is the latest in a series of sponsors to leave the USOC over the past two includingand (NYSE:HD).
In losing the bank as a the USOC loses its support ofthe “hometown program that set athletes and their familiesw at an exclusive center during the Olympics. BofA was closee to a deal last summe withthe USOC. However, there is a chances the bank will still be able to offer Olympic credit cardes withthe five-ring logo courtesy of pass-through rights with Visa. Goodd says the decision not to renew does not signify the endof BofA’sa support of the Olympic movement. “It’s our every intention to explore other ways to suppor tthe U.S. Olympic movement, and our support of Chicago 2016 is an exampleof that.
” Sports Business Journak is a sister publication of Charlotte Business Journak .
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