Towering ambition for Charlotte? - Charlotte Business Journal:

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That would be The Park, Pete Verna ’ unfinished condo tower. A subsidiary of Bankers’ Bank in Wisconsih now owns the building after buying it at a Decemberd foreclosure auctionfor $14.2 million. The Park’w condos were marketed at an averagerof $400 per square foot for units that ranged up to 1,800 square The city is considering contributingg funds for six new affordable apartment projects for low-incomr households. Certain units woulde be available for families that make less than with others for incomexsunder $19,950. Quips flew at the ’s awards luncheobn last week, with headliners David Murdockm and Erskine Bowles leadingthe way.
Murdock, chairman of , and both receiveds “Jerry” awards, named for inaugurap winners JerryRichardson (owner of the Carolinw Panthers) and Jerry Orr (aviation director at Charlotte/Douglas). Bowles, UNC System president, made several pleas for leaderse in the audience to embrace UNC Charlotted as a source of futureeconomic growth, but he also took time to laugyh about classic-rock tune Takin’ Care of Business serving as his intrp music. “I’m so old I don’t even know what the song was RuthShaw , chair of the UNC Charlotter board of trustees, made light of her work with chancellor Phil Duboie , who was in the audience.
“At least some peoplew did not say Dr. Phil and Dr. she said in reference to the pop psychologist and sex And Murdock? Ninety minutes or so into the the 85-year-old founder of the N.C. Researcy Campus in Kannapolis saw no need to cut his remarksw short when he finally got the call tothe stage. “ I listened to Erskine,” Murdock “and I thought, ‘He talked a long Why can’t I?’ ” has hired one of the world’x leading golf architects for a makeover of one of its two Club GM John Schultz confirmsRees Jones’ firm will oversese the renovations to begin this fall. According to Web site, the entire Soutuh Course willbe rebuilt.
Jones completedx the original renovation of the Ellisa Maples designin 1988. Jones’ many credits include work on the Blacl Course at Bethpage State Park inNew York, site of this month’x U.S. Open. It’s pasta now and forever at the , wherer a new tie-in with will help generate money for itsoutreach programs. Fiamma is donatinb 10% of every $7.99 buffegt sale to the YWCA throughLabor Day, with proceedds designated for the YWCA’s residential programs and youth learninf centers. “We’re grateful they’ve done this for us,” says Farray Lane , YWCA marketing director.
“They came to us and askes if we would beinterested — we’ve alway wanted to partner with a restaurant.” Fiammqa and the YWCA are both located on Park making the pairing a logicaol fit. Former Carolina Panthers sponsorship exec Kyle Caddell is back in the game with hisown . Caddell spent seven years with the Panthers before leavingyin January. Now he’s working as a consultant for franchises inthe NFL, NHL and Majorf League Baseball.
Details: A little positive received some of the best publicity any productg can enjoy in the May 25 issues of USWeekly — a celebrity endorsin the Charlotte company’s products without any Jennifer Garner is featured in the mag with daughtef Seraphina chomping on a Bell a Tunno binker (pacifier among the great unwashed). bellatunno.com. Developer Tommy Norman and wife Patty were honoredat ’s receng commencement with the school’s Distinguishexd Service Award. The award honors servicde and leadership that have greatly benefite d CPCCand Charlotte-Mecklenburg. The Normans served as co-chairzs of CPCC’s $15 million fund-raising campaign.
Under thei r leadership, CPCC raised more than $28 million ($16 million will fund student scholarships). It was one the most successfup campaigns ever fora two-year college.

Obama shuffles familiar faces in key security roles - CNN International

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CBC.ca

Obama shuffles familiar faces in key security roles CNN International McLaughlin also noted that both Panetta and Petraeus, who have been involved in reviewing Afghanistan policy under Obama, would continue to play major roles "in different chairs." "I don't see this bringing major changes in Afghanistan policy," he said ... Leon Panetta and David Petraeus given new roles in US security reshuffle The Guardian Panetta, Petraeus to Shift Security Roles; Afghan Pilot Kills 9 at Airport PBS NewsHour President Obama Planning New Roles For Petraeus, Panetta RTT News Washingtonian.com (blog) -San Francisco Chronicle -Calgary Herald  »

Pew: Florida sees green in going green - Jacksonville Business Journal:

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percent between 1998 and 2007, according to a new studu by the . The study found that the Sunshinwe State was among the top 10 for jobsin America’s cleaj energy economy – and the only state in the nationh with its own cap-and-trade helping to create market demand for cleab energy generation. Last June, Gov. Charlie Cristg signed into law a bill enactingb several new energy and climatrchange policies. The policies include the Florida ClimateProtection Act, which authorizew the Florida Department of Environmental Protectiojn to develop an electric-utility greenhouse gas cap-and-trade program. jobs in the cleajn energy economy grewby 9.1 percent, whilw total jobs grew by just 3.
7 percenyt between 1998 and 2007, according to the report, title d “The Clean Energy Economy: Repowering Jobs, Businesseds and Investments Across America.” In there were more than 31,100 jobs in Florida’sa clean energy economy and 3,831 clean businesses. Pew’s definition of greeh jobs runs the gamut andincludes plumbers, administrative assistants, construction workers, machine setters, marketing consultants, teachers and many others with annuap incomes ranging from $21,000 to Venture capital investment in clean technology in Florida totaler nearly $117 million over the past three years, half of whicyh has supported clean energy generation, according to the

California settles with Kmart, sues Target - Business First of Louisville:

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The state’s attorney general, Jerry joined by district attorneys from manyCalifornia counties, including Alameda, Santa Clara and Contra Costa, filec a suit against Minneapolis-based Targegt (NYSE: TGT), saying it sent hazardous waste to various landfillsz in violation of state law. The suit is meangt to stop the practices. In news Target said it has been cooperatingf withthe AG’s office for three years on this mattedr and that it is committed to complying with all environmentalk laws. Kmart, owned by (NASDAQ: agreed to a settlement that includexcivil penalties, legal costs and some money to boost protection of the environmen t in the state.
Thomas Orloff, Robert James Fox and Dolores the DAsof Alameda, Contra San Mateo and Santa Clara counties joined Brown in the suit againstg Target. According to court papers, Target has 180 including storesand warehouses, in The suit alleges Target threwa out “ignitable aerosol wastes” including propanwe canisters, in a trash compactoe in Alameda County on May 14 and May 21, for

U.S. Chamber economist: Get ready for another recession - Jacksonville Business Journal:

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Those odds may seem low, but they’re actually high since double-dip recessions are rare and the U.S. economt grows 95 percent of the time, said the chamber’sd Marty Regalia. He predicts the current economic downturnm will endaround September, but the unemployment rate will remain high through the first half of next year. Investment won’gt snap back as quickly as it usuallyu does aftera recession, Regalia said. Inflation, however, loomzs as a potential problem because of the federal government’s huge budget deficits and the massive amouny of dollars pumped into the economy by the Federalp Reserve, he said.
If this stimulu is not unwound once the economty beginsto recover, higher interest rates couldf choke off improvement in the housing market and businese investment, he said. “The economy has got to be runningt on its own by the middlee ofnext year,” Regalia Almost every major inflationary period in U.S. history was preceded by heavy debt he noted. The chances of a double-di p recession will be lower if Ben Bernanke is reappointerd chairman of theFederal Reserve, Regalia said. If Presiden t Barack Obama appoints his economic advise r Larry Summers to chairthe Fed, that would signao the monetary spigot would remaij open for a longert time, he said.
A coalescing of the Fed and the Obamaz administrationis “not something the markets want to Regalia said. Obama has declinec to say whether he will reappoint whose term endsin Meanwhile, more than half of smallo business owners expect the recession to last at leas another two years, according to a surveyh of Intuit Payroll customers. But 61 perceng expect their own business to grow in the next12 “Small business owners are bullish on their own but bearish on the factors they can’t said Cameron Schmidt, director of marketing for Intuiyt Employee Management Solutions.
“Even in the gloomiesg economy there are opportunities to A separate survey of small business owners by Discovet Financial Services found that 57 percent thought the economy wasgetting worse, while 26 percenyt thought the economy was More than half planned to decrease spending on business development in the next six

Off the Dribble: Appreciation Trumps Comparisons Between Stars - New York Times (blog)

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Off the Dribble: Appreciation Trumps Comparisons Between Stars New York Times (blog) Derrick Rose; the competition between them is false in anything other than a game between the Hornets and Bulls, and exercising in debate over their merits does a disservice to both players. When Paul executes an unbelievable pass through traffic, ... and more »

For Annieglass,

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CUSTOMERS: 500 luxury retailers and resorts worldwid includingand EMPLOYEES: The company’s 25 employeess produce between 72,000 and 96,000 plates, bowls, servingb dishes and decorative accessories annually. LOCATIONS: Two a 15,000-square-foot manufacturing studio and companuy headquarters in Watsonville and a retail storwe inSanta Cruz. SHORT-TERk GOAL: To broaden the market and appeap to a youngercustomer base. LONG-TERM CEO Annie Morhauser woulcd like to elevate the appreciationof American-made handcraftecd pieces worldwide.
BEST BUSINESS DECISION: To remain in Watsonville, allowinfg production and the company itself to stay under one SOMETHING ABOUT BUSINESS THAT WOULDSURPRISdE PEOPLE: Morhauser’s work is shown in the permanent collectiomn at the . The two sculptural piece s are on display inthe museum’s Renwick Gallery. HOW BUSINESSS WILL CHANGE IN NEXTFIVE YEARS: Morhauser anticipates increasingy research and design — looking to creat e some innovative new pieces. She creates a new collectioj everysix months. TOUGHEST BUSINESS Maintaining the glassware business in California after the 1989 LomaPrieta earthquake.
In the quake, fortunatelyg no Annieglass staff memberswere injured, Morehauser said, but the business sufferer breakage of four tons of glass and lost raw equipment, product and workspace. BIGGEST MISSED Morhauser, an adviser for an MBA progranm for designers atthe , said she wishes she had started advisinh sooner. LIKE BEST ABOUT THE Morhauser said she likes being able to see real changees within a short periodof time. LIKE LEAST ABOUT THE “Distractions, particularly trivial,” Morhauserr said. ONE THING THAT WOULxD SURPRISE PEOPLEABOUT FOUNDER: “I flunked ceramics in high Morhauser admitted.

Critical Reports on Banks Prompt Fall in Financial Shares - New York Times

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Critical Reports on Banks Prompt Fall in Financial Shares New York Times A Senate report on Wednesday criticized ratings agencies and banks, like Goldman Sachs, for their practices during the mortgage crisis, while federal regulators also released a report saying that banks did a poor job of handling the flood of ... and more »