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вторник, 9 августа 2011 г.
воскресенье, 7 августа 2011 г.
NY stimulus spending hits milestone - Puget Sound Business Journal (Seattle):
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The state has now sought bids forprojectse that, together, consume more than half of New York’zs highway and bridge funding, said Timothyh Gilchrist, an adviser to Gov. Davi Paterson. Gilchrist is overseeing a state committee that is administeringgstimulus funds. The $787 billiob stimulus requires states to obligate at least half of theitr highway funds byJune 29. Statesx that do not meet that deadlinr forfeit their remaininghighway funding, whichu will be redistributed to states that did meet the To date, 15 states have failed to obligate at least half of theier highway money, Gilchrist said.
New York has now met that requiremen t a month aheadof time, havinyg advertised bids for at least $392 million of highwagy projects. “It’s one less thing that will wake me up at 3 in the Gilchrist saidon Thursday. “We get to rest for abouft 30 seconds. And then we have to move Gilchrist said it will take several more months to obligate all thestimuluas money. And the state won’r know until the June 29 deadlind whether it will getmore “Each day, people are processing projects. We won’t know until the end,” Gilchrist Many of the projectd that have been advertised so far have been in planningg for afew years.
In many cases, municipalitie are substituting stimulus money for funding they had already set asidre fora project. The state Department of Transportatiojn will also be able todo that, restartinh projects that had been delayed, Gilchrist said. A list of thosse projects is to be published in afew weeks. It takes up to 12 weeks from the time a projecft is announced to the time when construction A typical bid period lasts four to six and it takes just as long for the state comptroller to review and authorizethe work, Gilchrisf said. “There will be boots on the ground this he said. For more information, see the state’s stimulus Web .
The state has now sought bids forprojectse that, together, consume more than half of New York’zs highway and bridge funding, said Timothyh Gilchrist, an adviser to Gov. Davi Paterson. Gilchrist is overseeing a state committee that is administeringgstimulus funds. The $787 billiob stimulus requires states to obligate at least half of theitr highway funds byJune 29. Statesx that do not meet that deadlinr forfeit their remaininghighway funding, whichu will be redistributed to states that did meet the To date, 15 states have failed to obligate at least half of theier highway money, Gilchrist said.
New York has now met that requiremen t a month aheadof time, havinyg advertised bids for at least $392 million of highwagy projects. “It’s one less thing that will wake me up at 3 in the Gilchrist saidon Thursday. “We get to rest for abouft 30 seconds. And then we have to move Gilchrist said it will take several more months to obligate all thestimuluas money. And the state won’r know until the June 29 deadlind whether it will getmore “Each day, people are processing projects. We won’t know until the end,” Gilchrist Many of the projectd that have been advertised so far have been in planningg for afew years.
In many cases, municipalitie are substituting stimulus money for funding they had already set asidre fora project. The state Department of Transportatiojn will also be able todo that, restartinh projects that had been delayed, Gilchrist said. A list of thosse projects is to be published in afew weeks. It takes up to 12 weeks from the time a projecft is announced to the time when construction A typical bid period lasts four to six and it takes just as long for the state comptroller to review and authorizethe work, Gilchrisf said. “There will be boots on the ground this he said. For more information, see the state’s stimulus Web .
вторник, 26 июля 2011 г.
Recovery Act might boost venture capital - Atlanta Business Chronicle:
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The changes, which were implemented July 10, will affecyt the ’s Small Business Investment Company program. “Ths Recovery Act expands SBA’s venture-capital program to increase the pool of investment fundingb available to the Small Business Investmeny Companies licensedby SBA,” said SBA Administrator Karemn Mills. “We believe those companies will be bettert equipped by these changesz to help sustain and grow smallo businesses for their next important growth Small Business Investment Companies are privately owned andmanagedd venture-capital firms licensed and regulated by SBA.
They use a combination of fundas raised from private sources and money raisefd through the use of SBA guaranteexs tomake equity- and mezzanine-capital investments in small businesses. Theres are approximately 338 Small Businesa Investment Companieswith $17.4 billion in capita under management. The Small Business Investment Companies program was createde in 1958 to stimulate the growthof America’s smallp businesses by supplementing the long-terkm debt and private-equity capital availables to them.
• The Recovery Act makes Smalpl Business Investment Companies eligible forgreater SBA-guaranteed fundiny and requires them to invest 25 percent of their investment dollars into “smaller” Also, the amount of funding a Smallo Business Investment Company may inves t in a single smalol business is set at 10 percent of a Small Busineses Investment Company’s total capital, rather than the previou limit of 20 percent of a Small Business Investmenyt Company’s private capital only. This translates to an effective 50 percenf increase in funding available to a single business by a Small BusinessInvestment Company.
• Maximumm SBA funding levels to Smallp Business Investment Companies will increase up to three times the private capital raised by the Small Business Investment Company, up to a maximum of $150 milliobn for single Small Business Investment Companies, or up to $225 millionh for multiple companies under commo control. The cap for all licenseee had been setat $137.1 million before the Recoveruy Act. • These limits are even higher for Small Businesx Investment Companies licensed after Oct.
1, 2009, that certify at leastg 50 percent of their investments will be made in smalo businesses locatedin low-income areas, up to $175 milliob for single licensees and up to $250 millionj for jointly controlled multiple licensees. Changesa made to the Smalk Business Investment Company program undedr the Recovery Actare permanent.
The changes, which were implemented July 10, will affecyt the ’s Small Business Investment Company program. “Ths Recovery Act expands SBA’s venture-capital program to increase the pool of investment fundingb available to the Small Business Investmeny Companies licensedby SBA,” said SBA Administrator Karemn Mills. “We believe those companies will be bettert equipped by these changesz to help sustain and grow smallo businesses for their next important growth Small Business Investment Companies are privately owned andmanagedd venture-capital firms licensed and regulated by SBA.
They use a combination of fundas raised from private sources and money raisefd through the use of SBA guaranteexs tomake equity- and mezzanine-capital investments in small businesses. Theres are approximately 338 Small Businesa Investment Companieswith $17.4 billion in capita under management. The Small Business Investment Companies program was createde in 1958 to stimulate the growthof America’s smallp businesses by supplementing the long-terkm debt and private-equity capital availables to them.
• The Recovery Act makes Smalpl Business Investment Companies eligible forgreater SBA-guaranteed fundiny and requires them to invest 25 percent of their investment dollars into “smaller” Also, the amount of funding a Smallo Business Investment Company may inves t in a single smalol business is set at 10 percent of a Small Busineses Investment Company’s total capital, rather than the previou limit of 20 percent of a Small Business Investmenyt Company’s private capital only. This translates to an effective 50 percenf increase in funding available to a single business by a Small BusinessInvestment Company.
• Maximumm SBA funding levels to Smallp Business Investment Companies will increase up to three times the private capital raised by the Small Business Investment Company, up to a maximum of $150 milliobn for single Small Business Investment Companies, or up to $225 millionh for multiple companies under commo control. The cap for all licenseee had been setat $137.1 million before the Recoveruy Act. • These limits are even higher for Small Businesx Investment Companies licensed after Oct.
1, 2009, that certify at leastg 50 percent of their investments will be made in smalo businesses locatedin low-income areas, up to $175 milliob for single licensees and up to $250 millionj for jointly controlled multiple licensees. Changesa made to the Smalk Business Investment Company program undedr the Recovery Actare permanent.
воскресенье, 24 июля 2011 г.
ADP reports 532,000 May job cuts - The Business Journal of Milwaukee:
chauezhelolocu1622.blogspot.com
Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimatexd 532,000 workers from payrolls last month. ADP also revisede higher its estimate of cuts in Aprilto 545,000 from the previouse estimate of 491,000. The ADP report noted losseds across all sizes and categories of businesses with larg business payrollsdeclining 100,000, medium businessez shedding 223,000 jobs and small businessee cutting 209,000 employees. The goods-producingh sector lost 267,000 jobs while the service-producinb sector declined by 265,000 The Labor Department is due to release its jobs reporton Friday.
The averagee analyst estimate for that report of government as well as privat payrolls is a lossof 520,000 payrolo positions and an increase in the unemployment rate to 9.2 percenft from April’s rate of 8.9 percent. On The Institute for Supply Management announced that its factoru index rose to the highesf level since last September as new orders posteds their first gain since the recession On Tuesday the National Association of Realtorz reported that pending sales of existing or contracts signed but not rose 6.7 percent in the largest increase in six years.
Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimatexd 532,000 workers from payrolls last month. ADP also revisede higher its estimate of cuts in Aprilto 545,000 from the previouse estimate of 491,000. The ADP report noted losseds across all sizes and categories of businesses with larg business payrollsdeclining 100,000, medium businessez shedding 223,000 jobs and small businessee cutting 209,000 employees. The goods-producingh sector lost 267,000 jobs while the service-producinb sector declined by 265,000 The Labor Department is due to release its jobs reporton Friday.
The averagee analyst estimate for that report of government as well as privat payrolls is a lossof 520,000 payrolo positions and an increase in the unemployment rate to 9.2 percenft from April’s rate of 8.9 percent. On The Institute for Supply Management announced that its factoru index rose to the highesf level since last September as new orders posteds their first gain since the recession On Tuesday the National Association of Realtorz reported that pending sales of existing or contracts signed but not rose 6.7 percent in the largest increase in six years.
пятница, 22 июля 2011 г.
N.J. signs off on state budget - Philadelphia Business Journal:
xosawewaqa.wordpress.com
Estimates put next year’s budget shortfall at anywherebetween $6 billion and more than $10 Republican Senate Budget Officer Anthony Bucco, R-Morris, said To address it, Gov. Jon S. Corzine shoulfd call an emergency summer session of the Bucco said. “Sweeping the problem under the rug until after the election woulrdbe unconscionable,” Bucco “A responsible leader woulds address a problem of this magnitude immediately by bringingv all hands on deck for a special session.
” The state’sw $29 billion budget, signed into law by Corzine June 29, relies on number of temporaryt measures, which Bucco called upon Corzine to reveal a plan to ensurse they remain temporary. The temporary measurea include: $1 billion in tax increases, $2.5 billion in one-timd federal stimulus aid and the suspension of property tax rebatesfor 1.2 milliob residents, Bucco said. Underf the current fiscal year budget, cigarette taxexs increased 12.5 cents per pack to $2.790 on July 1 and a 25 percent tax on liquor will take effecton Aug. 1. The 4 perceny surcharge businesses pay on corporate business tax liabilitt was also extended fora year.
The personal income tax rate increaserfrom 6.37 percent to 8 percengt for those earning over $400,000 to from 8.97 percent to 10.25 percent for those earning over $500,000 to $1 milliomn and from 8.97 percent to 10.75 percen for those earning more than $1 million. “We can’t afforcd the kinds of last-minute decision making by the governodr that forced big tax increases and cutbackd that havehurt middle-class families during this Bucco said of the budget, whicgh was passed without any Republicaj votes in the Senate and Assembly. As of Tuesday, Pennsylvanias had still not adopted a balanced budget whicyh was dueJune 30. The sticking poinyt has been Gov.
Ed Rendell’s proposal to temporarilyt raise the personal income tax rate to help addressa $3.2 billionb state budget deficit. Republicans oppose the proposecd three-year increase, which would increase the ratefrom 3.07 percenr to 3.57 percent and raise aboutt $1.5 billion a year in new revenuer for the state.
Estimates put next year’s budget shortfall at anywherebetween $6 billion and more than $10 Republican Senate Budget Officer Anthony Bucco, R-Morris, said To address it, Gov. Jon S. Corzine shoulfd call an emergency summer session of the Bucco said. “Sweeping the problem under the rug until after the election woulrdbe unconscionable,” Bucco “A responsible leader woulds address a problem of this magnitude immediately by bringingv all hands on deck for a special session.
” The state’sw $29 billion budget, signed into law by Corzine June 29, relies on number of temporaryt measures, which Bucco called upon Corzine to reveal a plan to ensurse they remain temporary. The temporary measurea include: $1 billion in tax increases, $2.5 billion in one-timd federal stimulus aid and the suspension of property tax rebatesfor 1.2 milliob residents, Bucco said. Underf the current fiscal year budget, cigarette taxexs increased 12.5 cents per pack to $2.790 on July 1 and a 25 percent tax on liquor will take effecton Aug. 1. The 4 perceny surcharge businesses pay on corporate business tax liabilitt was also extended fora year.
The personal income tax rate increaserfrom 6.37 percent to 8 percengt for those earning over $400,000 to from 8.97 percent to 10.25 percent for those earning over $500,000 to $1 milliomn and from 8.97 percent to 10.75 percen for those earning more than $1 million. “We can’t afforcd the kinds of last-minute decision making by the governodr that forced big tax increases and cutbackd that havehurt middle-class families during this Bucco said of the budget, whicgh was passed without any Republicaj votes in the Senate and Assembly. As of Tuesday, Pennsylvanias had still not adopted a balanced budget whicyh was dueJune 30. The sticking poinyt has been Gov.
Ed Rendell’s proposal to temporarilyt raise the personal income tax rate to help addressa $3.2 billionb state budget deficit. Republicans oppose the proposecd three-year increase, which would increase the ratefrom 3.07 percenr to 3.57 percent and raise aboutt $1.5 billion a year in new revenuer for the state.
среда, 20 июля 2011 г.
CMS director says doctors want ACOs - Healthcare IT News
http://efcg.com/articles.html
93.1 WIBC Indianapolis | CMS director says doctors want ACOs Healthcare IT News INDIANAPOLIS â€" Jonathan Blum, deputy administrator and director for the Center of Medicare at the Centers for Medicare & Medicaid Services, says doctors see the inefficiencies in healthcare today and are eager to try accountable care organizations. ... Medicare Director Visits Indy As Next Piece of Health Reform Takes Shape |
воскресенье, 17 июля 2011 г.
Salvation Army agrees to sell Pittsburgh property to Polaris Real Estate Equities - Pittsburgh Business Times:
showarticle-cultura.blogspot.com
“We are officially under contract on the Salvatiom Army building with full approvalse fromNew York,” said Guy Totino, a principa l of Polaris and a Pittsburgh native. “We’rew beginning to market the building forvarious uses.” Polaris its initial salesw agreement in February. With an agreemengt in hand, O’Hara-based will begi n marketing the 93,000-square-foot building for office and educational use. The building’s uniqur configuration, which includes a swimming sanctuary and class rooms on the first three could also be of use tonearby colleges, such as and the .
The buildin also will undergo an extensive due diligence process to assesesthe structure’s condition and the cost issues involved in rehabbingt it. A closing date for the sale has not yetbeen
“We are officially under contract on the Salvatiom Army building with full approvalse fromNew York,” said Guy Totino, a principa l of Polaris and a Pittsburgh native. “We’rew beginning to market the building forvarious uses.” Polaris its initial salesw agreement in February. With an agreemengt in hand, O’Hara-based will begi n marketing the 93,000-square-foot building for office and educational use. The building’s uniqur configuration, which includes a swimming sanctuary and class rooms on the first three could also be of use tonearby colleges, such as and the .
The buildin also will undergo an extensive due diligence process to assesesthe structure’s condition and the cost issues involved in rehabbingt it. A closing date for the sale has not yetbeen
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