budimirukaovyril.blogspot.com
Houston Business Bank opened May 15 with seven employeesa near San Felipe inside the 610 Loop afterraising $10 millionb in start-up capital. The bank is backed by the Doylee family inTexas City, which has grown its Texaws First Bank brand into an 18-branch mainly in Galveston County (see “New bank means business,” Nov. 28, Texas Independent Bancshares parent company of TexawsFirst Bank, is also the majority ownee of Houston Business Bank. The holding company has tota l assetsof $680 million. Matthew Doyle, Houstom Business Bank chairman, says the bank’xs capital raise was oversubscribed, with a relatively smalol pool of 35 investors providing the initia l outlayof funds.
He was also relievef that the regulatory process wasrelativelgy smooth. “Regulators and the Federapl DepositInsurance Corp. are very tentative about new chartersd in thiscurrent environment,” says Doyle. “Thank goodness we already had a reputation in the industry so they knew us and weknew Doyle, the mayor of Texas is also Texas Firstt Bank vice-chairman. The regulatory process was tightening when Houstobn Business Bank filed a charter Bob Bacon, interim commissioner with the Texas Departmentt of Banking, said at the time that new bank with organizers and directors with a strony industry pedigree might face fewer roadblocks under strictet standards in the wake of the recession and tightg credit markets that has squeezed bank profitability.
John Ortega, Houston Business Bank presidenyand CEO, is one of two formed bankers with JPMorgan Chase & Co. who will oversew the bank’s day-to-day operations. Guy Miller is chief credi t officer. On opening day, Ortegz was wearing multiple hats. He talked to new helped employees and worked out computetr and software issues while beginning to transfer over customer loans that had been temporarily held atTexase First. He says the bank’z initial focus will be small and medium-sized businesses with revenue up toabouty $40 million. “We’re a niche bank and that definitely helps Ortega says.
Doyle says Texas Independent Bancshares is not finishedr yet inits long-range growth plans. With Houston Businesz Bank now open, and the Texaz First Bank branch network expected to be in full operatiojn again when a Galveston location destroyed by Hurricane Ike reopens by the end of Doyle is alreadythinking ahead. “Wde have a couple of territoriesthat we’re interestef in developing farther east from Baytown toward Beaumonrt and Brazoria County, which we think is very similad to the market we’re used to in Galvestom County,” Doyle says. “We’d consider a small acquisition orbuilding (a new If given the right opportunity we’ll jump on it.
”
Saturday, January 14, 2012
Wednesday, January 11, 2012
State taking applications for BadgerCare Plus - Austin Business Journal:
raisavydyexuwowi.blogspot.com
The Core Plan is an expansion of BadgerCarde Plus and provides access tothe state’s most chronically uninsured population low-income adults without dependent children. “Duringv this difficult budget environment, it’s important we continue to protectf ourbasic priorities,” Gov. Jim Doyle said in a “Today, we are making quality, affordablr health care achievable for people who traditionally have not had any The BadgerCare Plus Core Plan for Adults with No Dependentf Children is a limited plan that covers basic healtgcare services, including primar and preventive care and genericc drugs to low-income, chronicallgy uninsured adults.
People who have been without healthn insurance for a year or or lost their health insurance through no fault of their own and have alimited income, can apply online at: . Funding for the BadgerCaree Plus Core Plan is provided througjh the hospital tax that was approved by the legislaturwe and signed into law earlierthis year.
The Core Plan is an expansion of BadgerCarde Plus and provides access tothe state’s most chronically uninsured population low-income adults without dependent children. “Duringv this difficult budget environment, it’s important we continue to protectf ourbasic priorities,” Gov. Jim Doyle said in a “Today, we are making quality, affordablr health care achievable for people who traditionally have not had any The BadgerCare Plus Core Plan for Adults with No Dependentf Children is a limited plan that covers basic healtgcare services, including primar and preventive care and genericc drugs to low-income, chronicallgy uninsured adults.
People who have been without healthn insurance for a year or or lost their health insurance through no fault of their own and have alimited income, can apply online at: . Funding for the BadgerCaree Plus Core Plan is provided througjh the hospital tax that was approved by the legislaturwe and signed into law earlierthis year.
Monday, January 9, 2012
Power Shortages Will Adversely Impact Zimbabwe's Economic Growth - Bernama
iwegasely.wordpress.com
Power Shortages Will Adversely Impact Zimbabwe's Economic Growth Bernama HARARE, Jan 9 (BERNAMA- NNN-NEW ZIANA) -- Persistent power shortages being experienced in the country will have an adverse effect on Zimbabwe's economic growth envisaged in the country's Medium Term Plan, a senior Government official says. ... |
Saturday, January 7, 2012
How the Miami Dolphins landed a shark - Silicon Valley / San Jose Business Journal:
bertayfybuqutyp.blogspot.com
“You’ve got fins to the left, fins to the and you’re the only bait in Ross, a real estate developer who hadpaid $1 billion and took over the team in knew that on-field performance was the most important aspecg to his team’s bottom line. Nonetheless, despit the team’s success undef first-year executive Bill Parcells and coach Tony he saw figures showing thatthe season-ticket sales had dipped to from a high of 60,000 as recentlg as five years ago.
Ross knew he needed an off-the-field game plan, and set out to add star power to infuse a new entertainment experiencwe throughout DolphinStadium “Football is not continuous like soccer, and theree are so many TV timeouts,” Ross said. “You have to keep the peoplre entertained ¬ from tailgate to leavingt theparking lot.’’ The plan was to recruitr some of the biggest names in pop musicf to join his team. First, he went hard after team owner Jon Bon but the last ofthe ’80e big-hair stars insisted upon an exclusive arrangemenr during their talks late last Ross, recalling the familiar tune, then turned to Buffett, a Floridaa icon with national appeal.
Talkss started last year about apromotional partnership, and Buffetgt bought into the concept immediately. The relationship grew to included naming rights tothe Dolphins’ home Buffett explained the attraction in early May at a concerft when the lid was takemn off the deal that rechristened the Dolphinsd home as Land Shark Stadium. “We gave half the tickets to Parrotf Head clubs and halfto Dol-fans, and you can’t tell the said an ebullient referring to the moniker of each group’s fan In a business where combining sports and entertainmenft is incessantly discussed, but almost never Ross wanted to put fins on Dolphin Stadiunm and give fans reasons to attend a game that go well beyondf a passion for football.
The NFL’s reputationj as America’s most popular sports propertu is largely based on its symbiotic relationship with and the advent of HDTV could make the NFL largelg astudio sport. For Ross, the solution is to make the NFL in-venuer experience an even bigger show. “What’s Miami about?” he asked. “Entertainment, celebritiex and lifestyle. So we have to play to those I know what puts people in the seatdsis winning, but you need to do these thingsa to compete and get peoplee in the stadium.
” The Dolphins have sold 6,000 to 7,000o additional season tickets this Whether it was the addition of or the turnaround from a 1-15 season to an 11-5 playofvf squad ¬ tying the biggest single-season turnaroundc in league history ¬ isn’t If NFL football is the steak, then Ross sees entertainerz like Buffett and his new minority Gloria and Emilio Estefan, as the sizzle in the Dolphinsx brand.
The parallels between interest in expanding the live experience at an NFL game and the populafr music business forged an early bondwith “There’s not as much money left in recorded music, so our emphasia has been to make the live experience somethinfg fun and memorable,” said John Cohlan, Buffett’s manager and CEO of Margaritavillse Holdings, the singer’s marketing and merchandising company. “Thwe tailgating that is now such a big part of our shows originatedd atfootball games.
So maybe we’ve come full Even as the Dolphins and Buffett were initially combiningforcesa promotionally, the team was also seeking a more traditionakl path in selling naming rights to theidr facility. A package in the marketplace for month wasseeking $15 million a year for namingv rights to a building that is home to the as well as the , the footballo team, the FedEx Orange Bowl and next year’s Pro Bowl and Super Bowl. Companies includin g , MetroPCS and Hard Rock, which operates a hotel/casino in nearbu Hollywood, Fla.
, were negotiating for naming However, the financial implosioj fueled by the mortgag e crisis last year madeany naming-rights deal as sports marketing became a favorite targert for politicians. With the economy naming-rights deals even at the new $1 billion plus NFL palace in Dallas and New York wereon ice. senior adviser, Arlen Kantarian, adviseed early on that there weretwo “We could wait until the storm passed, or do somethinv creative,” Kantarian said. Seeing a shifting Dolphins executives started making entreaties into themusicap world.
Land Shark Stadium, as the building will be called from now through any home Dolphineplayoff games, didn’t start as a naming-rightsz deal. It started with the Buffett tune. The Dolphins have been known as the Finsfor years. “Itg was always about ‘fins to the left’ and ‘finds to the right,’” said Kantarian, whose career has included stintzat , the U.S. Tennis Association and . “Ae far back as November, Stevr was talking not only about Buffett, but havinvg that particular song [Fins].
”
“You’ve got fins to the left, fins to the and you’re the only bait in Ross, a real estate developer who hadpaid $1 billion and took over the team in knew that on-field performance was the most important aspecg to his team’s bottom line. Nonetheless, despit the team’s success undef first-year executive Bill Parcells and coach Tony he saw figures showing thatthe season-ticket sales had dipped to from a high of 60,000 as recentlg as five years ago.
Ross knew he needed an off-the-field game plan, and set out to add star power to infuse a new entertainment experiencwe throughout DolphinStadium “Football is not continuous like soccer, and theree are so many TV timeouts,” Ross said. “You have to keep the peoplre entertained ¬ from tailgate to leavingt theparking lot.’’ The plan was to recruitr some of the biggest names in pop musicf to join his team. First, he went hard after team owner Jon Bon but the last ofthe ’80e big-hair stars insisted upon an exclusive arrangemenr during their talks late last Ross, recalling the familiar tune, then turned to Buffett, a Floridaa icon with national appeal.
Talkss started last year about apromotional partnership, and Buffetgt bought into the concept immediately. The relationship grew to included naming rights tothe Dolphins’ home Buffett explained the attraction in early May at a concerft when the lid was takemn off the deal that rechristened the Dolphinsd home as Land Shark Stadium. “We gave half the tickets to Parrotf Head clubs and halfto Dol-fans, and you can’t tell the said an ebullient referring to the moniker of each group’s fan In a business where combining sports and entertainmenft is incessantly discussed, but almost never Ross wanted to put fins on Dolphin Stadiunm and give fans reasons to attend a game that go well beyondf a passion for football.
The NFL’s reputationj as America’s most popular sports propertu is largely based on its symbiotic relationship with and the advent of HDTV could make the NFL largelg astudio sport. For Ross, the solution is to make the NFL in-venuer experience an even bigger show. “What’s Miami about?” he asked. “Entertainment, celebritiex and lifestyle. So we have to play to those I know what puts people in the seatdsis winning, but you need to do these thingsa to compete and get peoplee in the stadium.
” The Dolphins have sold 6,000 to 7,000o additional season tickets this Whether it was the addition of or the turnaround from a 1-15 season to an 11-5 playofvf squad ¬ tying the biggest single-season turnaroundc in league history ¬ isn’t If NFL football is the steak, then Ross sees entertainerz like Buffett and his new minority Gloria and Emilio Estefan, as the sizzle in the Dolphinsx brand.
The parallels between interest in expanding the live experience at an NFL game and the populafr music business forged an early bondwith “There’s not as much money left in recorded music, so our emphasia has been to make the live experience somethinfg fun and memorable,” said John Cohlan, Buffett’s manager and CEO of Margaritavillse Holdings, the singer’s marketing and merchandising company. “Thwe tailgating that is now such a big part of our shows originatedd atfootball games.
So maybe we’ve come full Even as the Dolphins and Buffett were initially combiningforcesa promotionally, the team was also seeking a more traditionakl path in selling naming rights to theidr facility. A package in the marketplace for month wasseeking $15 million a year for namingv rights to a building that is home to the as well as the , the footballo team, the FedEx Orange Bowl and next year’s Pro Bowl and Super Bowl. Companies includin g , MetroPCS and Hard Rock, which operates a hotel/casino in nearbu Hollywood, Fla.
, were negotiating for naming However, the financial implosioj fueled by the mortgag e crisis last year madeany naming-rights deal as sports marketing became a favorite targert for politicians. With the economy naming-rights deals even at the new $1 billion plus NFL palace in Dallas and New York wereon ice. senior adviser, Arlen Kantarian, adviseed early on that there weretwo “We could wait until the storm passed, or do somethinv creative,” Kantarian said. Seeing a shifting Dolphins executives started making entreaties into themusicap world.
Land Shark Stadium, as the building will be called from now through any home Dolphineplayoff games, didn’t start as a naming-rightsz deal. It started with the Buffett tune. The Dolphins have been known as the Finsfor years. “Itg was always about ‘fins to the left’ and ‘finds to the right,’” said Kantarian, whose career has included stintzat , the U.S. Tennis Association and . “Ae far back as November, Stevr was talking not only about Buffett, but havinvg that particular song [Fins].
”
Thursday, January 5, 2012
Statewide smoking ban bill to be heard Monday - Post-Tribune
iwyqaxewun.wordpress.com
Statewide smoking ban bill to be heard Monday Post-Tribune By Chelsea Schneider Kirk cschneider@post-trib.com January 5, 2012 11:39AM INDIANAPOLIS รข€" An Indiana House committee will hear a bill establishing a statewide smoking ban on Monday. State Rep. Charlie Brown, D-Gary, who has led the charge for a smoking ... New push in Indiana Legislature for broad smoking ban that includes bars ... |
Tuesday, January 3, 2012
Education funding still falls short despite federal stimulus infusion - Phoenix Business Journal:
yfimuna.wordpress.com
That was the sentiment of an eight-member panel of education, training and government experts gathered by the South Florida Business Journal to examine howthe $787 billiojn federal stimulus package is impacting the region’s education and workforce traininfg sectors. The panel markedr the third in theBusiness Journal’es ongoing stimulus series, aimed at tracking and analyzin the flow of money from the American Recover y and Reinvestment Act into South Florida.
Florida’zs Legislature was the only one nationally to request a federal waiver that allowed it to take mone from education and replace it with stimulus dollar while other states used stimulux dollars to augmentthe budget. The situationj concerned paneliststate Sen. Eleanor “We are not starting at the starting line. The school district in Broward County and thosee throughout the state are starting behind the starting Sobel said. “They have had problemsd for years and they areall scrambling.
” Veterajn educator Robert Parks, a membere of the Broward County School Board, “Many of the large urban districts in the nation are afraide of one thing, which is basically a bait and switcy with those dollars.” What’s even more worrisome to some experts is that the stimulus money will eventualluy run out. “I’m really concerned about in three years; what’s going to happen?” said Vicente, president of ’s North Campus. “Thisw is a Band-Aid.” He said the college’s operatinh budget was cut $22 million while the stimuluw money wasonly $13 million. Parks said Browarf County’s school system has cut $1.
4 billion from its constructiob budget in addition to furloughing 700 teacher and51 administrators. “We’ve closeed all of our school offices forthe summer. We don’t have summer school anymore,” Parks would have been looking at cuttinyg its budget byabout $30 million without $12 millioj in stimulus funds, said Dorothy K. the university’s associate VP for financial affairs andbudge director. The university cut 30 positioneand “had we not had the stimuluxs dollars it could have been much more George Hanbury, executive VP and COO of , said the $1.
3 billiohn in stimulus funds given to the state relieved pressure on the Legislaturde to further reduce support for Florida Residentr Access Grants (FRAG), a key source of money for but he pointed out that the grants used to be $3,00p0 a year for students and are now The amount is important to who find enrollment caps at state universitiees and turn to NSU and other privatw institutions. He also said that universities are working togethe r to apply for federal stimulus NSU has a collaborative proposal with and FAU fora $50 milliohn research building with wet labs, business incubator spacr and offices for the U.S. Geological Survey, whichb is helping oversee Everglades restoration.
“We have shovel-readu projects we have submitted to the Governofr and in the next 60 days we couldput 1,000 people to work,” Hanbury said. The competitiom for these typesof projects, though, is FAU is getting about $12 million in direct infusion from the federalo stimulus package, but the university also is seekint money from the for labs and instruments, Russelpl said. April was the month to submif applications and the results are expected by The strongest flowof money, so far, appearse to be for program that help the jobless as the state’s unemployment rate has hit 10.
2
That was the sentiment of an eight-member panel of education, training and government experts gathered by the South Florida Business Journal to examine howthe $787 billiojn federal stimulus package is impacting the region’s education and workforce traininfg sectors. The panel markedr the third in theBusiness Journal’es ongoing stimulus series, aimed at tracking and analyzin the flow of money from the American Recover y and Reinvestment Act into South Florida.
Florida’zs Legislature was the only one nationally to request a federal waiver that allowed it to take mone from education and replace it with stimulus dollar while other states used stimulux dollars to augmentthe budget. The situationj concerned paneliststate Sen. Eleanor “We are not starting at the starting line. The school district in Broward County and thosee throughout the state are starting behind the starting Sobel said. “They have had problemsd for years and they areall scrambling.
” Veterajn educator Robert Parks, a membere of the Broward County School Board, “Many of the large urban districts in the nation are afraide of one thing, which is basically a bait and switcy with those dollars.” What’s even more worrisome to some experts is that the stimulus money will eventualluy run out. “I’m really concerned about in three years; what’s going to happen?” said Vicente, president of ’s North Campus. “Thisw is a Band-Aid.” He said the college’s operatinh budget was cut $22 million while the stimuluw money wasonly $13 million. Parks said Browarf County’s school system has cut $1.
4 billion from its constructiob budget in addition to furloughing 700 teacher and51 administrators. “We’ve closeed all of our school offices forthe summer. We don’t have summer school anymore,” Parks would have been looking at cuttinyg its budget byabout $30 million without $12 millioj in stimulus funds, said Dorothy K. the university’s associate VP for financial affairs andbudge director. The university cut 30 positioneand “had we not had the stimuluxs dollars it could have been much more George Hanbury, executive VP and COO of , said the $1.
3 billiohn in stimulus funds given to the state relieved pressure on the Legislaturde to further reduce support for Florida Residentr Access Grants (FRAG), a key source of money for but he pointed out that the grants used to be $3,00p0 a year for students and are now The amount is important to who find enrollment caps at state universitiees and turn to NSU and other privatw institutions. He also said that universities are working togethe r to apply for federal stimulus NSU has a collaborative proposal with and FAU fora $50 milliohn research building with wet labs, business incubator spacr and offices for the U.S. Geological Survey, whichb is helping oversee Everglades restoration.
“We have shovel-readu projects we have submitted to the Governofr and in the next 60 days we couldput 1,000 people to work,” Hanbury said. The competitiom for these typesof projects, though, is FAU is getting about $12 million in direct infusion from the federalo stimulus package, but the university also is seekint money from the for labs and instruments, Russelpl said. April was the month to submif applications and the results are expected by The strongest flowof money, so far, appearse to be for program that help the jobless as the state’s unemployment rate has hit 10.
2
Sunday, January 1, 2012
Zollars to bring tale of 'Transformation' to Schwartz Lecture Series next month - Wichita Business Journal:
doqujamup.wordpress.com
It encourages fresh ideas and promotes tryingthem out, says Bill CEO at Overland Park-based , adding that the statusw quo is static. Those who stay the same will eventually getleft behind. Thus, acknowledge new ideas -- successful or not. "Ws celebrate failures to encourage othera to take risks and to try new Zollars says. "You stamp out the desire to try new thingsd ifyou don't celebrate trying." Zollars will speak to Wichitw business leaders Nov. 28 at the Wichitq as part of the Schwartz MemoriaLecture Series. The W. Frank Bartonh School of Business at works withJamese P.
Schwartz, the son of the late former executive for whom the lecture seriesis named, to put on the seriesz each year. "What we realluy want to do with the lecture series is elevatwe it to bringin world-class business leaders," says the president of the largest Pizza Hut franchisee in the Kansasx City metro area. Since reinvigorating the Schwartzs Lecture Series threeyears ago, James Schwart has brought in Lee Scott, CEO and presidenty of , and Steven chairman of the board for . Zollars, who Schwartz has gotten to know inKansas City, will have a storgy that is every bit as interesting, he says. "Hes is a tremendous leader in what he has Schwartz says.
"Transferring a tired old over-the-roae trucking company into what it is todat is agreat story." Bart the interim dean of the Barton school, says Zollars' philosophgy of trying new things should be universal in the businessa world. "Risk-taking is a lesson everyones canlearn from," Hildreth In 2003, Yellow Corp. purchased , becoming In Yellow Roadway Corp. changed to its current YRC Worldwide Inc. YRC Worldwide employs about 66,000 people and annually generates $10 billion in Zollars' presentation next month in Wichitwa will describe the metamorphosia ofan 85-year-old company and the changes that were requiredf to help an established business get to the next level.
"It'sa a story of a story of our journey over last 10 Zollars says. "It's stuff that's applicablse to any industry. It tendss to play well for a broadd audience." Schwartz Lecture Series Speaker: Bill Zollars, CEO, YRC Worldwide Inc. 11:45 a.m., Nov. 28, Wichita Marriott. $50. Phone: (316)
It encourages fresh ideas and promotes tryingthem out, says Bill CEO at Overland Park-based , adding that the statusw quo is static. Those who stay the same will eventually getleft behind. Thus, acknowledge new ideas -- successful or not. "Ws celebrate failures to encourage othera to take risks and to try new Zollars says. "You stamp out the desire to try new thingsd ifyou don't celebrate trying." Zollars will speak to Wichitw business leaders Nov. 28 at the Wichitq as part of the Schwartz MemoriaLecture Series. The W. Frank Bartonh School of Business at works withJamese P.
Schwartz, the son of the late former executive for whom the lecture seriesis named, to put on the seriesz each year. "What we realluy want to do with the lecture series is elevatwe it to bringin world-class business leaders," says the president of the largest Pizza Hut franchisee in the Kansasx City metro area. Since reinvigorating the Schwartzs Lecture Series threeyears ago, James Schwart has brought in Lee Scott, CEO and presidenty of , and Steven chairman of the board for . Zollars, who Schwartz has gotten to know inKansas City, will have a storgy that is every bit as interesting, he says. "Hes is a tremendous leader in what he has Schwartz says.
"Transferring a tired old over-the-roae trucking company into what it is todat is agreat story." Bart the interim dean of the Barton school, says Zollars' philosophgy of trying new things should be universal in the businessa world. "Risk-taking is a lesson everyones canlearn from," Hildreth In 2003, Yellow Corp. purchased , becoming In Yellow Roadway Corp. changed to its current YRC Worldwide Inc. YRC Worldwide employs about 66,000 people and annually generates $10 billion in Zollars' presentation next month in Wichitwa will describe the metamorphosia ofan 85-year-old company and the changes that were requiredf to help an established business get to the next level.
"It'sa a story of a story of our journey over last 10 Zollars says. "It's stuff that's applicablse to any industry. It tendss to play well for a broadd audience." Schwartz Lecture Series Speaker: Bill Zollars, CEO, YRC Worldwide Inc. 11:45 a.m., Nov. 28, Wichita Marriott. $50. Phone: (316)
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