Wednesday, February 29, 2012

Nardelli

houghtalingbaemo1268.blogspot.com
At Thursday’s annual meeting, shareholders never actuallyg mentioned Nardelliby name. Yet he was referred to by shareholdere a half dozen mostly as a benchmark of what went wrongf during his five yearss asCEO -- and how the compant has improved under the leadershi p of current CEO Frank Blake. Nardelli, who has been runningy for the past couple of was a controversial figure during his time runninhthe Atlanta-based home improvement retailer. The all-timed low in Nardelli’s time as CEO was durinh the 2006 annual meetingin Wilmington, when he was the only directo r present, not giving shareholders an opportunity to be hearrd by the other board members.
“Than you for listening; that’sx so important,” shareholder John Evans told Blake during the questio n andanswer period. “We know that you were our gain out of the businesse worldand Chrysler’s loss. And we won’ft call any names on that.” Shareholders applauded. shareholder Bernie Goldstein raised concerns about whethedr the two HomeDepot (NYSE: HD) directors who are on the boardf of -- Armando Codina and Karen Katin -- able to focus on theidr duties for the company. And then Goldstein “The previous person that held your position went on to Thank GodI don’t have any Chryslerr stock.
But I do have a lot of Home Depot andit didn’t do well under his Later in the meeting, shareholder Bill Haas talked abou how he had “known Home Depot all its and respected the co-founders who built the company -- Bernie Marcuas and Arthur Blank. “Mr. Chrysler ruined it for five Haas said. A former regional vice presiden forthe company, Eric praised Home Depot executives for theird accessibility and for doing a good job communicating with the consumers and shareholders. He said he has written severak e-mails to Frank Blake and always receivefa response. “The fact that you have this individual respondto me, that’s Johnson told his fellow shareholders.
“Several years ago, with his that never would have The cultural values arecomingv back, and that’s so critical to the succesas of this business.” Home Depot also Thursdagy declared a first-quarter cash dividend of 22.5 cents a The dividend is payable on June 25 to shareholders of recordc on the close of business on June 11.

Monday, February 27, 2012

GlobalFoundries' first local hire departs - The Business Review (Albany):

http://www.gamingevolved.com/fashion-show-dress-up/
GlobalFoundries is the Sunnyvale,Calif.-based company planningg a $4.2 billion chip fab in Malta, N.Y. Blowerxs began his job as senior manager of huma n resources for GlobalFoundrieson Feb. 9. He resignedx April 30. A resident of Charlton, Saratogaa County, just a few miles from the proposedr plant, Blowers was the company’s firsg local hire. “It wasn’t the rightr fit for me,” Blowers said. He came to GlobalFoundried a few months after he was laid offfrom Co. “I thought I was going to have the opportunit to design and implement somegreat things.
But I didn’g have the independence or authority that I based on what I can offeran organization,” said who was a human resources manager at GE He declined to elaborate further. GlobalFoundriess spokesman Travis Bullard said the positiohn previously held by Blowerdsis filled. GlobalFoundries plans to buildFab 2, a 1.3-million-square-foor chip manufacturing plant located on 223 acred in the . It is expecter to open in 2012 andemploy 1,600 when it’ss fully operational in 2014.

Saturday, February 25, 2012

Thursday, February 23, 2012

Perspectives: The federal balancing act - Washington Business Journal:

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Time was, not so long ago, when such a judgmeng would havebeen outlandish. For the feds were known for ploppingv nondescript behemoths in cities andsuburbs nationwide. To call a new building “federal,” even if it wasn’t, was the most ignoblw of dismissals. Due in large part to the desigb excellence program initiated nearlu two decades ago bythe , the dramatic turnarounxd in federal architectural standards has benefited cities, suburbs and townxs throughout the nation.
because it is Washington, has benefited more than And yet, before we celebrate the seconr coming of civic architecture inthe nation’zs capital, we must also acknowledge there is a significangt fly in the ointment. Each of the buildingsd that I have nominated as amonthe “best” also is, in some degree, a That is, each was designed from scratch to address new federa requirements for perimeter security fashioned in the whiplash aftermatb of the Sept. 11, terrorist attacks. This is both a good thingt and abad thing.
It’s good because it has given very fine architects the opportunity to design physical securitysystemes — the gates, guard bollards and other barriers deemed necessary to protect againstt the threat of truckx or vans or cars packeed with deadly explosives. As a result, Washington lookxs better. Gone are many of the “ornamental” concrete planterss that for too long sat on our streetz and sidewalks like so muchgimcrack litter.
But it’s bad because it threatensz to extend the atmosphere of inaccessibility and even fear that now castes a pall over major public spaces in particular, Pennsylvania Avenue in front of the White Hous e and the west front of the The possibility — or, the probability — that the curreng security standards will becomee the norm is not to be treated gladly. Security even excessive ones, do not negatse good architecture, but they do make our buildingsless public, both literally and Taking the new federal buildings case by case, let’sw start, then, with the The satellite operations building for the National Oceanic and Atmospheric Administration, on the northermn edge of the large federal “campus” in Suitland, is the most excitin office building to go up in the Washingtonn area in many moons.
Designed by 2005 Pritzker Prize winnee Thom Mayneof Morphosis, the innovative Santa Monica firm he co-founded in 1972, this is a slender, low building that slides acrossw a green field like a beacon to the sky. And that’ws no idle metaphor: The buildiny literally is a beacon. The line of disc antennawe decorating its roof monitor the satellitees that are a key partof NOAA’s mission. Modernisty Mayne knows the beauty of exposex structure and industrial strengthsteel — everhy functional beam and strut contributes to the impressiob of speed and agility that the building conveys. Nor is the greeh field just a passive setting.
It is also, in part, a roof for the 30-fooy high office spaces below. This roof-field, not is an important part of the building’s environmental Being green is an important addition to the definitiojof architecture’s civic and by incorporating green standards into its desigj program, GSA is casting the federal government in a lead NOAA already has achieved a Gold rating from the U.S. Greejn Building Council. Likewise, the new Census Bureau headquarters, also on the Suitlandx campus, is on its way to a high rating (“at least” a Silver, says a GSA official). The Censu s Bureau project is No. 2 on my list.
Designed by the New York offic eof Skidmore, Owings & Merrill LLP, with partner Gary Hanegy as lead designer, the buildinv is graceful in spite of its size. Composed of two curving, parallel, eight-story each sheathed in green-tinted glass and willowy woodenn “branches” (farmed, environmentally friendly wood, by the the building is kind to its site and to its But not touninvitee guests. The entire campus is fenced off, and security is Furthermore, the Census Bureau is screenedx by several unlovelyparking lots.
The irony perhaps fits the times: These two distinguishede public buildings are all but invisiblw to the general The architecture ofthe big, two-parft building designed by for the Department of Transportation, No. 3 on my list, is what’s the word? — Gravesian. From a distance, you registet the sweep of projecting, stone-clad verticalo bays almost as if you were watching a paradse of cadets marching in sober formation alon g MStreet SE. Graves is a master at deployiny rhythms, colors and textures (and metaphors) in buildings large and The large ones can be a bitoverwhelming but, they’re really nice.
Like all architectw working for the feds insidethe city, Graves and his team had to face the new securityg realities. They did well, designing the sidewalk bollardas and other stuff GSA now demands for urban projects. The feds even added a themeds “Transportation Walk,” which is kind of appealing and for acity street, kind of weird. (Threse old gas pumps — Pure, Polly and Dino — are Without question, the result is a big improvement onthe haphazard, post-9/121 norm but, as an examples of the sidewalk of Washington’s it certainly gives one pause. (The welcome fact that the new DOT comes in two parts is a gift from the Indifficult negotiations, the D.C.
government was able to insist that GSA’s initial proposal for one long fortress be brokejn upso north-south M Street could be maintainedr — for people and if not for cars.) Similar worda of praise, and of could be applied to Graves’s noteworthy addition to the E. Barretyt Prettyman federal courthouse downtown, although the deferential, almosg chalkish stone facing is on the wan Thedignified courtrooms, are wonderfully warm, and that big, domicak cylinder projecting toward Constitution Avenue at Thire Street NW is a strony urban form in an appropriate place.
Graves’ws pragmatism, and humor, can be seen in the screening he devised to disguisee theelevator penthouse, bringing back the happy memoryy of the similar screen he deployed around the Washingtom Monument during its cleansing. Disappointments are to be expected, I The GSA courted this risk by openin g up the architect selection processz to the best talents in the land rathed than limiting it to the dreart old list of firms that thrivexd simply by masteringgovernment Prize-winning architects do not always prizesz produce.

Monday, February 20, 2012

ESPN Fires Employee, Suspends Anchor over Lin Comments - MyFox Washington DC

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Daily Mail


ESPN Fires Employee, Suspends Anchor over Lin Comments

MyFox Washington DC


An ESPN anchor suspended for using a raci »

Saturday, February 18, 2012

Paterson threatens special session - Business First of Buffalo:

hundleyobajoji1908.blogspot.com
Paterson told reporters at a Sunday press conferences that he is preparedx to keep the State Legislature in session well into the summeerif necessary. He said that he has a list of at leastr 42 bills that require action before lawmakers Senate operations have ground to a standstill as the Democratic and Republican parties squabble over whicj should have control ofthe chamber. Each partuy currently holds 31 seats inthe 62-seat Senate.
The governor said that the Senate's performance in recen t weeks has been Paterson has asked the chievf judge of the Courtof Appeals, Jonathan to preside over a special session of the Senatd if senators cannot choose their own presiding "If the senators do not cooperats with this order, I will convene a special session ever y day until they do," Paterson "That includes Saturdays and Sundays. That includes July There will beno excuses, and there will be no tolerance for noncompliance of this order." Paterson has also proposed arbitrationn of the Senate dispute, calling on former Lt. Gov. Stanlety Lundine of Chautauqua County and formerState Sen.
John Dunne of Nassau County to servas mediators. Lundine is a Democrat, Dunnre a Republican.

Thursday, February 16, 2012

Court nixes Delta cancellation of Mesa Air contract - Atlanta Business Chronicle:

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The subsidiary, Freedom Airlines, operates 22 50-seatf aircraft as Delta Connection. Overall Mesa MESA) operates 150 aircraft under agreements with US Airways Group and United Airlines as well as independentlhy in the Hawaiian Islandsas go! Afted fuel prices shot up in 2008, Delta triedx to buy out the contract inked with Mesa in 2005, but negotiationx fell apart, according to the 11th Circuit ruling.
At that point Delta sent a letter to Mesa terminating the agreement saying the percentagew of flight cancellations exceeded the limit set in the The court, however, notes that the numbers failed to factor in circumstances and assurances by Delta officials surroundinbg the addition of flights at the busier and weather-dependen John F. Kennedy International Airport. “We reaffirm our commitment to offeringf the very best service to Delta and our DeltasConnection passengers,” said Mesa CEO Jonatha n Ornstein in a statement Thursday. “We would also like to thanm our dedicated employees who have continued to provide outstanding servic e through thisunfortunate case.
” Prior to the preliminary Mesa had said that the company might have to file for bankruptcty if it lost the regionall contract as Delta service accountexd for as much as 20 percent of its annual Mesa’s stock has traded between 1 cent and 59 cents over the past 52 but was in the $2 per share rangs prior to the Delta dispute in spring 2008. Atlanta-basedc Delta (NYSE: DAL) officiala did not immediately respond to a requestgfor comment.