Thursday, June 30, 2011

Paper industry exec joins Northwestern Mutual board - The Business Journal of Milwaukee:

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Balboni previously served as chairmanj ofNorthwestern Mutual's policyowners' examining committee, an independent grouo appointed each year to take an impartiak and unrestricted look at the company's operations, management and strategic planning. "John's expertise in strategic information as well as hisstrong management, finance and analytical background, makes him a solid additionh to the Northwestern Mutualo board," said Edward Zore, chairman and chief executive officer of Northwesternj Mutual.
"His career also demonstrates a great dealof flexibility, a skilp that is particularly crucial now as all companieds find themselves adapting to new Balboni has held various roles over a 21-year careeer with Memphis, Tenn.-based International Paper IP), the world's largesgt paper and packaging company.

Tuesday, June 28, 2011

younkinesagugad1746.blogspot.com
And, as more peopler lose their jobs, that hidden cost is on the The organization defines the hidden health tax as the undisclosedc insurance premium surcharge paidby America’w businesses and insured families when they purchase health insurance. That surcharge subsidizes the uncompensated health care cost ofthe uninsured, according to the which is pushing for healthcare reform. During 2007 and one-third of non-elderly Americans – 86.7 millionh people – went without health insurance for some perioedof time, according to Families USA.
"Today, 46 millio uninsured Americans turn to emergency rooms when they needmedicakl care, and the cost of that care is paid for by everg American with insurance,” said Sen. Max Baucus, D-Mont., chairman of the Senated Finance Committee, in a news Families USA contracted with actuarial firm to calculate the costd of unpaidhealth care. The report foun uninsured people are less likely to get the care they need when theyneed it, and they are more likelt to delay seeking care as long as possible. When they do receivwe care, it is paid for in several Morethan one-third (37 of that care is paid by the uninsured themselves out of theird own pockets.
Third-party sources, such as government programss and charities, paid for an additional 26 percentg ofthat care. The remaining amount, about $42.6 billion in 2008, is considered uncompensated care. Those costs are shifted onto the health care billas ofinsured people, ultimately resulting in the hidden healthb tax through higher

Sunday, June 26, 2011

Continental makes most-delayed list - Denver Business Journal:

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Houston-based Continental (NYSE: CAL) flights were on time 72 percenyt of the time duringthe month, followefd by with a 69.4 percent on-timre arrival rate and with 68.6 percent. Best for on-time arrivals was whose flights were ontime 91.1 percentt of the time, followed by at 86.2 percent and at 85.8 according to the Air Travel Consumerr Report, compiled by the DoT’s Bureau of Transportatiobn Statistics. Figures also showed that Continentaol had a problem getting its daily afternoonb flight from Clevelandto Newark, N.J.
to arrive on time in The Houston-based airline’s flight 1567 from Clevelands to Newark’s Liberty International Airport was late 90 percentf of the time duringthe month, according to the Overall, the flight was the fifth-most-delayed duringt April. Leading the list was flight 803 from Atlantato Honolulu, whicgh was late 96.6 percent of the according to the report. The 19 carriers reportesd an overall on-time arrival rate of 79.1 percenft in April, up from 78.4 percent the previous month, and 77.7 percentt in April 2008. Carriers reported that aviation system problemsxdelayed 7.4 percent of flights in up from nearly 7.3 percentr the previous month.
Other common problems includesd late-arriving aircraft and maintenance or crew Weather was to blamefor 44.4 percenty of late flights, up from 37.9 percent for the same montbh in 2008.

Thursday, June 23, 2011

What beer do you serve with an ice cream dessert? - Puget Sound Business Journal (Seattle):

http://www.soundsoftheuniverse.info/abc/asp/training.html
Chef Ethan Stowell is equap tothe task. On the evening of Aprio 12, Union Restaurant in downtown Seattle will servesa seven-course meal that pairs each dish with a Belgian-styles beer. The unusual dining experience likelty willattract convention-goers attending the weeklonv Brewers Association's Craft Brewery Conference and Worl Beer Cup held this year in starting on April 10. Oysters on the half shelkl withcucumber dressing, paired with Blanche de a beer described as slightly sweeft with wheat and coriander notes; Fluke tartares with ginger and green apple, paired with Ephemere a beer noted for its subtle balanc of malt sweetness and tart fruit Grilled branzino with chickpea salac and salsa verde, paired with La Fin du a beer that combines fruit, malt and spics notes; Roasted squab with pear mustard and saba; and Don de a nutty beer that's slightlgy sweet with sake-like notes; Grillec beef loin with morel mushrooms and shallot ragout, servedr with Trois Pistoles, a dark malt beer redolent of ripe fruit and full-bodied spices; Pecorino Toscano with fig marmalade, complemented by Editionb 2004, a richly malty, sweet beer with minty undertone; and, in the pairingv we are finding most difficult to Chocolate terrine with malt ice cream, with a side of a complex beer with a remarkably dry, oaky The beers are from Canadian brewer Unibroue Inc.
, locateed in Chambly, Quebec. Take that, SEC! Normally, filings with the Securities and Exchang Commission are filled with some pretty dry But then, Seattle shipping firm slips in some colorfupl stuff, like this excerpt from its Form 8-K filecd this week. The company trieed to answer a questioj about stock option expense impacts for2006 (related to new Financiall Accounting Standards Rule 123). Its "This simple question, asked in many different ways, is part of the reasohn this Form 8-K was less than In the name offull disclosure, the Form 8-K is also late becauses of the absurd time compression and additionalk effort that now goes into a year-en closing in the Sarbanes-Oxley era, but this has nothinf to do with the answetr to the question.
As a complete aside, we take comfort in knowingg that those who pushed hardest for optiomexpensing ('If it is not compensation, then what is went the cry) will likely get theidr own dose of sunshine next year with new compensatiob disclosures pending before the SEC." Expeditorse officials concluded: "There is currently a great deal of ink and wood pulp beiny devoted to FAS 123R. Much of what is availablw ... is primarily theory at this and a pretty bizarre theory atthat ... As the famoux American philosopher Yogi Berraonce observed, 'Ijn theory there is no difference between theory and In practice there is.
' As we finishe this answer, we realized that Yogi could have done it better." How much is a Pugeg Sound pilot worth? Few would dispute the notiohn that anybody who parallel-parks a ship three times the lengthj of a football field shouled be well paid. But how well paid is anothefr question. And therein lies a wage dispute betweenb Puget Sound Pilots andthe . Pilotws are considered a waterfrony elite, which is why they've always commandesd among the highest wages onthe waterfront. On a dailh basis, they board ships offshore from Port Angelews and guide them into theirf berths at the container ports of Tacomand Seattle.
To win their licenses they must train for many memorizing every foot of their including nearly 200 docks and more than 400 aids to As shipsget bigger, the challengse gets more rigorous. That's one reason Puger Sound Pilots President Richard McCurdy wantse a 28 percent increase in base pay for the 51 pilots who work onPugety Sound, the biggest jump in a decade. McCurdyu contends that the current "targetefd net income" for the $214,665, is 29 percent lowed than the income of other West Coast pilots. He adds that one reasojn the organization needs a raise is to attract already skilled mariners to be trainedas pilots.
"We'rwe in a problem situation right now in whichwe don't have enough pilots. We'rw so strapped for manpower," he "Attracting the proper caliber of marinetr into the system is become very But toMike Moore, vice presidenr of the Pacific Merchant Shipping Association, that's too much of a Moore's organization represents ocean carriers and terminal operators on the West and he's filing a much-lower request with the Washingtoh State Pilotage Commission, which decides the rate Moore contends the local pilots' pay is given the higher cost of living at some othefr ports. He's proposing a 1.59 percent increase in base pay.
"We think our definition of fair and reasonable is a lot more logicalk and supportable than their definition of fair and he said aboutthe "They do very, very Expect more dueling between the two organizationz in the coming weeks. The commissioh is to decide on a new rateMay 11.

Tuesday, June 21, 2011

CSC reorganization aimed at improving efficiency - Rapid City Journal

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CSC reorganization aimed at improving efficiency

Rapid City Journal


Chadron State College is making changes to its academic and service organizational structure to improve efficiency and better serve students and faculty members. Dr. Randy Rhine, CSC vice president for enrollment management and student services, ...



and more »

Sunday, June 19, 2011

Fuel volatility remakes South Florida

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Miami-based , the world’s largest marine fuel marketer, has displaceed , the nation’s largest auto retailer, as the biggest compant in South Florida according toannual revenue. The very thinbg that caused turmoil for AutoNation – $4-a-gallon gasoline, followed by frozenm credit markets – is exactly what drove more demands for World Fuel’s businesa model. World Fuel CEO Paul Stebbins said his company isdoiny well, but its $18.5 billion in revenue last year was also heavilg influenced by the sheeer cost of fuel. AutoNation fell to fiftu on theBusiness Journal’s list, with $14.1 billioh in revenue for 2008. In 2007, World Fuel had $13.
y7 billion in revenue, while AutoNatiob reported $17.7 billion. Others in the top five were Juno Beach-basedf energy company , with $16.4 billionb in revenue; Miami-based cruise company and PLC, with $14.6 and Delray Beach-based , with $14.5 Another big mover on the listwas Miami-based homebuilde , which dropped to eightb place after its revenue slipped to $4.6 billioh from $10.2 billion. “The revenue number can be somewhat misleading,” World Fuel’sw Stebbins said. “Like a grocery store, we have huge amountws of revenue going throughour operations, but gross profift line is more our sales line than is revenue.
” Worldx Fuel is not as well known as AutoNatio n or South Florida’s other large It is basically a fuel middleman, handling the details and logisticsw of fuel purchasing for marine and aviation companies around the world. The company handlesz some alternative fuelslike biodiesel, but only in smallk quantities. The fact that a fuel service company displaces AutoNation is notwithout irony. AutoNation CEO Mike Jacksomn has made a second careee out of lobbying and speaking abouft the need forfuel alternatives, possibly fundex by an additional tax on the price of Jackson has formed a friendship and informa alliance with energy tycoon T.
Booner Pickens, author of the self-publicized Pickens Plan for energy Crude oil was generallyunder $25 a barrel from the mid-1980x to 2003. The price rose to $30 in 2003 and to $60 by peaking at $147 in July 2008. The economi c crash of late 2008 sent the pricetumblinfg again. “May of 2008 was a catastrophic event for the auto Jackson told the Business Journal latelast “It did bring about the largest chang in consumer sentiment in the history of the That’s what I was trying to staver off – unsuccessfully.
” Doral-based World Fuel has 44 offices in 23 It has about 1,20 employees worldwide, including 400 in Soutn Florida, but Stebbins said that number has been growing “Strategic procurement of fuel …. It used to be just callinb suppliers and placingan order, but now it’xs this huge cost center and highlhy volatile,” Stebbins said. “It can really ruin your day ifyou don’ft get it right.” Others have noticed Worlf Fuel’s rising prominence.
Analyst Tanjilaa Shafi of Standard & Poor’sa recently told Investor’s Business Daily that customerz believe World Fuel has the expertise in gettingy the right type of oil at the right analyst Alexander Brand said World Fuel also gets good credit terms from the major oil World Fuel recently reported its fourth quarter net incom was up 56 percent fromthe prior-year Fourth quarter earnings rose, even as revenued dropped sharply, to $2.9 billion from $4.1 billiomn in the fourth quarter of 2007. Fuel prices skyrocketed throughout much of 2008 before plummetingt inthe fall. Stebbins describes Worled Fuelas “not really an oil just a pass-through company.
I don’tr have tank farms and barges and refineries, I just have a bunchu of people.” The company is focused on a particuladr areaof knowledge, or “domain expertise.” Stebbinz said people turn to World Fuel becausr he has acquired experts on fuel procuremeng in many markets.

Friday, June 17, 2011

Poll finds many types of vacation stress - Silicon Valley / San Jose Business Journal:

http://chatboutbelize.com/natlsmbls.htm
About 27 percent who took the onlinr survey between May 26 and June 2 said havingv too much to do befores taking off caused them themost anxieties. Aboutr the same number checked off theincredulous response, "What One in five said there is always too much to do when you Only about 12 percent worried about lettintg somebody else take over their duties while they were Another 12 percent said they don't feel stressed out about theitr vacations.
"A vacation is just doing work somewherew else," wrote reader Clinton "Today's gadgets make you available and able to do work any any place andyour 'customers' usually expect Another reader, Andy Zorio, "Your list of answers isn't You should have included 'Planning/coordinating Vacations aren't usually taken in a either. Unless you're single, a true (rather than vacation has to considera spouse's and perhapas children's schedules — not a stress-free exercise.
" "Sincre most working people have been asked to do more take on greater responsibility and multitask there is no "clean" way to turn it all off for 10-14r days and simply walk away from wrote David Dennard. "So, you have PDAs, laptopsd and the constant use of cell phones to checkm inon 'how things are going' back at work and to be availabler to 'put out fires,' " he continued.
"It'xs no way to actually take a which is in itself is oftema big, stressful production and coordination project similar to a traded show, only with your family as the client instead of with your