Tuesday, January 31, 2012

Survey: Houston No. 1 for manufacturing plants, jobs - Houston Business Journal:

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The guide, published annually by of Evanston, Ill., states that Houston is home to 221,697 manufacturing employeeds spreadacross 3,957 manufacturers. According to the Houston employment in the manufacturing sector has not changed over the past12 “Houston’s combination of low-cosrt living, favorable business climate, educated work force and proximity to the oil industry have made it the choic e of many manufacturers and other Fortune 500 said Tom Dubin, president of MNI.
Industrialp machinery and equipment manufacturintis Houston’s top sector, accounting for 58,71 or about 27 percent of the manufacturingf jobs, with virtually no change in the year to Oil and gas extraction ranksd second with 30,584 up 7.8 percent over the year, while third-rankerd fabricated metals account for down 5.4 percent, according to the The survey numbers are currentg as of the end of April. Some 23,589 manufacturerw call Texas home, employing more than 1.2 million workers. New Chicago, Cincinnati and Los Angeles, rounded out the top five nationwide.
Dallas was sixth on the

Sunday, January 29, 2012

Mitchell

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Michael Batchelor, director of corporatre developmentat Mitchell’s, said the salon will closde its location at the Kenwood Galleria, wheree it has operated for 20 years, at the end of the day Feb. 28. It will then reopen on the other side of Montgomery Road onMarchj 4. “It’s a bittersweet move,” Batchelor since Mitchell’s has had a good relationship withthe Galleria’se owner. But it got to the poingt that Mitchell’s either had to remodel or And KenwoodTowne Place, with its tenanft mix, its location next to the successful Kenwood Towne Centre, and its expandec parking, were all a draw.
Mitchell’s will be on the secondx level, next to Crate & Barrel, and have visibilith from both Kenwood Towne Centre andInterstat 71. “The neatest thing for our clients is ther e is actually an elevator that opens directlu into our salon that also opens in theparkinbg garage,” Batchelor said. “They nevert have to go outside. So it’sa great if you had a pedicureand it’s cold and The new location will be about 2,000 square feet larger than the Galleria site, or 13,50 square feet.
It will include 30 hair stations – the same as now – but a large spa area, with eight pedicure chairs, 10 massage and skin roomsx anda soft-lighted relaxation room for guests receivinh massages and facials. Other tenantsw at Kenwood Towne Place includea , and an . , whichy is co-developing the property, also is working on signing some A source at Bear Creek could notbe Mitchell’s, founded in 1983, operates four other locations in Hyde Springdale, Northgate and West Chester.

Friday, January 27, 2012

Frugal at Fenway? Fat chance - Boston Business Journal:

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Let me try. Quick math tellz me he’s balancing $25 in what will ultimately, easily be a $50 food game. He chomps one of his dogs and hollersx some criticismto J.D. Drew in righty field. And he has every right to yell: He’zs the kind of fan who makes J.D. Drew’e $14 million salary Drew should maybe buy him afrankfurterd — but perhaps not hang around to watcj him inhale it. If everyone spent like this guy, the Sox wouldx bring in about $150 million a year in food concessionws alone. In Nation, the team-fanm relationship is quasi-mystical, and it’s deeplgy financial.
In luring the publi to participate in what most Fenway Faithfulo believe is areligiousw experience, the Sox do their own version of tithing: Come to the ball park, if you’rwe lucky enough to land some seats, and then pay obscense prices to park the car and for basif food. The Sox have deftly monetized every asseftthey have. They continue to find ways to add seats inthe They’ve opened up the ball park as a concert venue and a corporate meeting place.
Corporate sponsorshilp remains solid, even with the economic They’ve even made a deal with state brandishingthe team’s logo on scratch But because demand consistently overwhelmss supply, no fan base, save perhapsa Yankee fans, has borne the financial brunt of a team’s popularityg like Red Sox Faced with a dreadful the Fenway Faithful are getting very little financiap sympathy from the Sox. Put in stark business terms, the Sox continuw to exploit their leverage. They’re the team that’as ahead 19-2 and keeps swinging for the Before the start ofthe game, fans dutifullh line up at the Kenmore ATMs, girding themselves for $4 Crackerjaci and $9.
50 steak tip sandwiches. The Red Sox traditionally have led the leagude in soaking their fans for feedingf atthe park, and it’s hard not to have all of one’ds cash drained from one’s wallet. I foolishly came into the park withonly $60, then boughtr a round of beers and a few hot A bag of peanuts later and my wallet suddenlyg was in the single digits. But it’s worse in New you say?
The dreaded Yankees’ astronomical premium seat prices, including $2,500 front-row seats, have propellesd them to the top of the Fan Cost This year the Yanks brokethe Sox’z seven-year streak, putting the Olde Towne Team a solidf second overall, ahead of Chicago and the New York Mets. In many though, the Sox money men kick New York’xs butt in putting the arm on theirr fans. The Sox charge $7.25 for a beer (abou what you’d pay for a cocktail at Uno Chicagio Grill upthe street), beating a $6 brew at Yankewe Stadium. A hot dog is 50 percengt more atFenway ($4.50 though I paid $4.75 from a vendorf working the seats) than the $3 you pay at Yankere Stadium.
A bottle of water at Fenwaty is ashocking $3.50. The Team Marketing which compiles the FanCost Index, doesn’t record what a waterr costs in New York. As the economy went into free-fal l last year, the Sox recognized they risked backlashh for squeezing their fan baseso hard. They froze tickeft and concession pricesthis year. And through April, they’re offering a 50 percent discount for some food items directlyh after thegates open. But it’s only through Go to Fenway anytime durinb the remaining six months of the regular season and, well, you’re going to strikre out.
The Sox price freeze and April-only discount don’t give anybody a real Many other teams have reducedtheir prices. In the Diamondbacks dropped the price of takingg a family of four to a game by 19 making them, at $114, the least expensive trip to the ball park for a familu of four. In San Diego, price s dropped by about 15 percent. In Cincinnati Reds have a $1 valued menu and offer a $5 ticket to their games. The Sox knew it was politicallg unfeasible toraise prices, although they probably couldr have easily gotten away with it. Prices are so high that raisinbg them a little bitmore wouldn’t faze many fans — they seem cynicallg accepting of the gouging.
All the how does a company arrivd ata $3.50 price for a bottled of water? It’s an exercise in pricingf theory, but with a twist. Because the Sox hold a monopolyy onwater (OK, not counting the water for the three to four hours of game time, presumably they pricw to the point just short of public When I contacted the Sox on this issue, I receivedx an e-mail from Susan Goodenow, the Sox’s vice presiden t of public affairs.
In her e-mail, she acknowledged the pricd freeze and wrote that the Red Sox and food servicse provider set concession pricezs aftera “comprehensive evaluation of industry standards and local market Our goal each year is to make food and beveragd offerings affordable for all patron of Fenway Park.” The Sox face very tough competitiobn in the American League East this and one of the ongoingy rationalizations for fan-gouging is they need the money to compete. But it’s a good bet in this economyy thatthe team’s consecutive sellout streak, which goes back to 2003, will snap this The fan base needed relief, and the Sox didn’yt deliver.

Tuesday, January 24, 2012

FACT CHECK: Obama skims over election-year political realities in laying out plans - Washington Post

http://msnewcomersguide.com/world/bomb-rips-meeting-of-sunnis-shiites/


The Guardian


FACT CHECK: Obama skims over election-year political realities in laying out plans

Washington Post


President Barack Obama laid out an array of plans in his State of the Union speech as if his hands weren't so tied by political realities. There can be little more than wishful thinking behind his c »

Sunday, January 22, 2012

Distressed assets taking center stage among apartment investors - San Antonio Business Journal:

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Now, buyers are looking for something abit uglier. Of the handfupl of investment opportunities that exist in the localapartment market, those assets moving to the top of list these days are the so-called distressed assets, industr y brokers say. Specifically, the cream of that crop are bank-ownesd assets, or REO (real estate assets — foreclosed properties that have gone back to the Also falling intothe “distressed” category are apartment propertiesd put on the market due to the owners’ financial dire straits.
Phoenix and Miami have seen a deluge of REO dealzs over the past18 months, according to Caseyg Fry, an associate with the San Antonio/Austin office of Atlanta-baser (ARA). The first wave of these properties have now surfacede in San Antonioas well, Fry The city’s relatively stable economy makes it unlikelty that the local market will see as many of thesee REOs and distressed property sales as other metros, but as Fry pointxs out: “There will be more to come.
” While transaction velocityy in San Antonio has slowed considerably over the past two there is the likelihooe that more apartment communities will come to marketf — as more owners find themselves needing to adds Will Balthrope, a member of the Balthroper Group of the . Balthrope’ s partner is Ryan Epstein, who is basesd in San Antonio. Balthrope’s office is located in Looking back over the past year athis team’s property assignment s — including those that have alreaduy changed ownership, as well as those still for sale about 90 percent of these propertiezs were being sold by ownersx who had found themselves in financial trouble.
Or as Balthropw puts it, these were ownerd who had “compelling reasons to sell.” What’s the attraction of distressexd assets? Sums up Balthrope: “The opportunitt to profit in a time ofvalur change.” Words like “distressed” and “REO” are like big signs on the assey that say, “Come look at me!” Balthropw says. And for every ownerd that has a compelling reason to there are myriad buyers anxiouslyu waiting to take advantage of a good observesPatton K. Jones, managing director of ARA’ s Austin office. So who are the buyers now?
According to Jones, it’s all privatde money these days — or what he calle “country club money.” “The institutiona l investors are gone,” says Jones, adding that most of these playeras — names like and — have fallen on tougg financial times. “Now it’s the privater investors who are going to theircountrh clubs, to their friends and family and raising It’s a lot of new bloodd coming in, Fry says. “The buyers out they are not on ourregularr Rolodex,” he adds.

Friday, January 20, 2012

Katy office building sold into joint venture - Houston Business Journal:

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The 90,000-square-foot building, developed by Indianapolis-based Duke, is 100 percent lease to Norway-based Det Norske Veritas. Locatexd at 22535 Colonial Parkway, near the intersectionb of Interstate 10 and theGrane Parkway, the building is the first installmen t in the Westside Office The business park is controllex by Giorgio Borlenghi, president of Houston-baseed Interfin Cos.; John McCormack, chief executive officeer of Houston-based Visible Change s Inc.; and hair product guru John Paul DeJoria, co-founderd and CEO of . The recentr transaction is part of thejoint venture’s purchase of thre e buildings with a total of 327,000 squarre feet in Texas and Florida valued at nearly $41.
12 million. All three fully-leased properties — includingt an office building in Orlando and a warehousee inTampa — were previously ownedx by Duke before being transferrerd into the joint venture. The joint venture betwee n CB Richard Ellis Realty Trust and Duke plans to acquirw upto $800 million of newlyt developed, build-to-suit projects over the next threew years. CB Richard Ellis Realty Trusrt is sponsored byLos Angeles-based .

Wednesday, January 18, 2012

Capturing Carbon Dioxide to Create a Cleaner Environment - Business Insider

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Capturing Carbon Dioxide to Create a Cleaner Environment

Business Insider


A group of scientists that include the Nobel Laureate George A. Olah have discovered an improved method of 'capturing' carbon dioxide from the atmosphere. In a recent report for the Journal of the American Chemical Society, Olah and his colleagues ...


Save Lives and Keep Extreme Weather in Check by Cutting Smog, Soot, and CO2 ...

Natural Resources Defense Council (blog)


The Shortcuts To Curbing Climate Change

Fast CoExist



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