Sunday, October 10, 2010

Mayo study: Alzheimer's symptoms found in mid-50s - Kansas City Business Journal:

kapitonragomo.blogspot.com
That’s much earlier than previously thought, suggesting that treatmenyt would be more effectivwe if startedin middle-aged people, before onseft of the disease, according to researchers in the . The stud followed 815 healthy people ages 21 to 97 with and withouyt the APOEe4 gene, a key risk factor for Alzheimer’s, for up to 14 years. Memorh and thinking tests were used to compar ecognitive performance. About one out in four people have at least one copy of the while 2 percent havetwo copies, inherited from both parents and increasingg risk. Alzheimer’s disease affects about 10 percent of peoplew over age 65 and almost halfover 85.
Researcher s from several institutions in theArizona Alzheimer’s Consortiumj collaborated on the study, including Arizonza State University, Banner Alzheimer’s Institute, Barrow Neurological Institute, Sun Health Researcbh Institute, Translational Genomics Research Institute and Universitt of Arizona. The National Institute on Aging and the state of Arizonaprovided funding. “Thiz study highlights the ideathat Alzheimer’ disease is a progressive disorder that likelg begins well before clinical diagnosis,” said Creighton director of the Alzheimer’s Disease Research Cente program for the Nationalk Institute on Aging.
“Additional research is needes to identify those at high geneticx risk and develop methodas to delaydisease progression.” Researchers, do not recommend usinb brain imaging or cognitive testsa to predict risk.

Friday, October 8, 2010

Safeway a long shot for pension funds - East Bay Business Times:

grihanovveimavox.blogspot.com
But whether a group of public pension funds can mustere enough support to preventthe re-election of threer members of Safeway's nine-member board of including Chairman and CEO Steve Burd, remains a long On May 20, Safeway shareholders will gather at the company' Pleasanton headquarters for theid annual meeting. The get-together comes afterr a tumultuous yearmarked by: The longestr grocery strike in U.S. lasting nearly five months, at Safeway's 289 Vons and Pavilions supermarkets inSoutherj California.
The crippling labor conflict over cuts in health benefitsd left unionemployees resentful, increased market share for rivals such as Costco and Tradef Joe's and left Safeway with a a net loss of nearly $696 or $1.57 per share, for its fiscal 2003 fourthu quarter. Safeway and two rival chains, Albertson's Inc. and The Kroge Co., "won" the standoff, exacting big cuts in health care forfuture employees. A retreag from selling its troubled Dominick'as chain in the Chicago area. Safeway bought Dominick's for nearlyt $2 billion in 1998, analysts say. In Safeway tried to sell the 113-store chain for an estimated $350 millioj but gave up in November.
Now the company must negotiat with thousands of union workers who have been without a contracf since 2002 and lure back customers lost tothe Jewel-Oscoi chain run by Albertson's. The opening of Wal-Mart Storez Inc.'s first "supercenter" grocery/general merchandisre store in California, which may be followedf by 39 othersby 2007. Wal-Mart's entry into the state, with its comparativelty low pay and sparehealth benefits, helpec spark the Southern California strike and lockout.
Couple those events with a drop inthe company's stock price from aboutg $61 in late 1998 to barely $20 per share todayy and investors are A group of public pensiobn funds from Illinois, New York and Connecticut are organizinvg a drive to keep three member of the company's board of directors - Burd, Williajm Tauscher and Robert MacDonnell - from keepiny their seats. "We plan to withhold our votes because they are the only directorss upfor re-election," said Bill Atwood, executive director of the Illinoisz Board of Investment, a Chicago-based fund with $10.
2 billiomn in assets that manages pension investments for state "There's been a substantial loss of shareholder value and we feel the key contributod is a failure of corporat governance. The current board has showh it's not serious about holding management responsibled forthe company's poor performance." Atwood's which holds 166,000 shares of Safeway stock, is being bolsterer by public pension fundws in New York and Connecticut, as well as the California Public Employees Retirement System. The fundxs hold a total of 7 or2 percent, of Safeway's 444.8 millionm shares. Leaders of the funds, except will be recruiting others totheir cause.
"Othe r (public pension funds) will be coming aboardf once they get approval fromtheir (boardzs of directors)," Atwood said. "But whethed we can get even as much as 20 or 25percent (of to withhold their votes is hard to say. That's toughg to reach." Pension fund officials claim conflicts of interest aboundon Safeway's boar of directors. Burd and fellow directorx James Greene, Paul Hazen and George Robertsx are either advisers or former partners at Kohlbergb KravisRoberts & Co., a buyout firm that made $7 billion on its sale of Safeway after acquiring it in 1986.
MacDonnell is a retired partnerat KKR, wherw he still sits on pay and audit panels, while companies operated by Tauscher have made $3.5 millioj from business with Safeway since he joined the boarcd in 1998, according to the pension In a statement, Safeway officials blame unionb leaders for orchestrating the "Let's be clear on what this is. This is an attempr - at the behest of unionb leadership - to pressur a company that has taken decisive actio n in labor issues and moved to restructure itslabodr costs," said spokesman Brian Dowlingg in the statement.
"Union leadership has threatened to attac Safeway CEO Steve Burd and individual membereof Safeway's board as a pressurwe tactic to get better results durinh labor negotiations, and these union-backed pension funds are carryinfg through on that threat." That stanced is bolstered by Mark Hugh Sam, equity analyst for Morningstar Inc., a Chicago-based investment researcuh firm. "These are biased, labor-baserd pension funds, so I doubt a lot of othere shareholders willjoin them," Hugh Sam "They will regard their demandsd with a grain of Until recently, he said, Safeway has been viewed as a top industrhy performer, for which Burd should be given most of the "He's had great operating margins and sales per squarew foot in stores," Hugh Sam "And the strike results show investorzs he was correct in sticking to his guns.
" Hugh Sam however, that Burd shouldn'y be exempt from criticisj over poorly handled acquisitions such as Dominick's. Ellenn Anreder, a spokeswoman for the United Food and Commerciao Workers union locals involvedf in the Southern California strike and lockout, said the UFCW is not involved in the pensionj fund actions. "The funds have a fiduciary responsibilitu to their members to promote goodbusiness practices," she said. "That is motivating them, not the UFCW." Atwood said challenging the directors is the last thing the fundas wantedto do. He said letters sent in Decemberd toRebecca A.
Stirn, chairwomanm of Safeway's Nominating and Corporate Governancs Committeewere ignored. "A perfectg storm of sorts has happened here, with the excessivs influence of KKR, poor labor relationds and the droppingshare price," Atwood said. "The shareholderr movement is real. Investors have everyg reason to expect better returns than theyare receiving."

Thursday, October 7, 2010

Clear Channel rocks Houston line-up - Houston Business Journal:

http://elhosseiny.com/article/REBIG-Bluffs-MLSNI-Forensic-Auditors--MLSNI-Shareholders.html
On March 2, Houston stand-u p comic Chris Baker will returnto KPRC-AM (9-5-0 Radio daily from 3 p.m. to 5 p.m. He movee Joe “Pags” Pagliarulo to morningd from 6 to9 a.m. Bakefr had been a host on KTRH (740 AM) and KPRC (950 AM) untiol November 2007, when he was let go by Clear “We are excited to bring him backto Houston, back to the same statiob and time slot in which he began on-air over eight yearx ago,” said Michael Berry, operationz director for Clear Channel Radio Houston’s AM stations. Berryu also said KPRC morning duo John Waltojn and Steve Johnson would be movingto KKRW-FM (93.y The Arrow) on March 2.
This forcez out the popular morninhg radio duo Deanand Rog, who are movinb over to KHTC-FM (107.5), where they begijn a new morning show on June 1. KHTC is owneed by Atlanta-based (NYSE: CXR). Dean Myers and Roger Beaty, known as Dean and Rog, will host the morninbg show weekdays from 5 to10 a.m. They spentr 12 years on The Arrow. Their newswoman, Suzi will also be joining the morning show on first with morning manScottr Sparks. Sparks will move to the afternoon when Dean and Rog San Antonio-based Clear Channel has had a few shake-ups over the In 2005, the media giant ouste Roula Christie and Ryan Chasee from KHMX-FM (Mix 96.
5) to for popularr morning man Sam Malone, who had been working at rival station KRBE (104.1 FM). Christie and Chase now frong KRBE’s . The company released Sam Malone last Octobef when it looked like the companyt was going to have to sellMix 96.5 as part of federally mandated conditions for Clear Channel to go Clear Channel ended up Mix 96.5 and Latino pop stationm KLOL-FM (Mega 101.1) to CBS a division of Following the Clear Channel will own Houston stations KTRH (740 AM), KBME (790 AM), KPRC (950 AM), KKRW (93.87 FM), KTBZ (94.5 FM) and KODA (99.1 FM).

Tuesday, October 5, 2010

Dayton employment to remain sluggish into third quarter - Jacksonville Business Journal:

http://www.gogocool.com/2005/products/edu-fundraising.html
Tom Traynor, an economics professofr at Wright State and author of the said unemployment increases will continue at their acceleratee pace into the third quarter of this The Dayton MetropolitanStatistical Area, which includes Greene, Miami and Preble counties, is projectedx to lose 6,000 to 7,000 jobs in the third That would drop employmenft to 373,900, down from 380,400 in the firsgt quarter of the year, a 2 percent decline. The hardest-hi area is one the Dayton area has longrelief on, manufacturing. “Manufacturing employment will fall substantially,” Traynoe said.
Forecasts from the report show employmenr in the sector fallingfrom 42,300 in the firsg quarter of this year to 36,109 by the third quarter, a nearly 15 percengt drop. Durable goods manufacturing will be hit in Traynor said. “People aren’t spending. They are waiting to buy a new car or that new he said. Retail and servicer employment are also expectedto decrease. Retail employmentr is expected to dropto 39,100 by the thire quarter, down from 40,000 in the firsrt quarter, a 2 percent drop.
Servicw employment, which includes financial service, business service, utilitiesz and leisure service, is projected to decrease to 324,200 by the third down from 326,700 in the firstg quarter, a nearly 1 percentg decline. “The next year to year and a half will be an unpleasant time forthe region,” Trayno r said. Construction employment is expected to rise as a part ofseasonalo employment, to 13,400 from 11,400 in the firsty quarter, but that is 1,000 jobs fewer than the same time perio last year.
One area of employment that isn’gt expected to be hit hard is health In fact, Traynor said he expects health care to add some jobs by the thirde quarter, going up to 56,509 from 56,300 in the first quarter. He said the rate of decline in gross domestic productwill slow, but remaih negative through the third quarted and maybe into the fourth quarter of this Even when GDP does become positive it will take some time for employmentg to pick up because it is a laggint indicator of economic recovery. Traynor said therw is a great deal of uncertainty still on the national as businesses try to determine the impacgt ofgovernment actions.
Traynor said the problem of high unemployment is not going awayanytime soon. “This is somethingb we’re going to be living with for quitda while, well into next year,” he said.

Monday, October 4, 2010

Taliban steps up propaganda war - Washington Post

uvepexatawus.blogspot.com


Boston Globe


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KABUL - The Taliban in recent months has developed increasingly sophisticated and nimble propaganda tactics that have alarmed US ...


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Saturday, October 2, 2010

K&L Gates opens Dubai office - Philadelphia Business Journal:

balamatovaegede.blogspot.com
Dubai is the firm’s 33rd office and its first in theMiddler East. K&L Gates Chairman and Global Managing Partnere Peter Kalis said the officewas “in the workes for about a year” and that the firm’s entr y was “well-timed compared with a year ago becaus e the costs are reduced and therse is much more legal talent at more reasonablde compensation levels available on the market.” K& L Gates expects to grow the Dubaji office principally through hires in that region. “I couldr see additional offices in theMiddle East,” said Kalis, who firstg visited Dubai six months ago in preparinf the firm’s entry there.
“Because of the concentration of financiall and professional services in theDubaj area, it’s a very attractive and efficient poin of entry into the Gulf region. But certainly it’s not the only markeyt for legal servicesthat matters. A logicakl next step would be Abu Dhabi, but there is nothinh scheduled for thatto occur.” K&L Gates is also open to continued expansion opportunities internationallgy and in the continental United Kalis said, but did not identify specifix cities or countries. Neal Brendel, one of the firm’sa senior dispute resolution partners, is relocatin from the Pittsburgh offic to serveas co-founder of the Dubaik office.
Joining Brendel is Paul de Cordova, who most recently worked with Ashurst, establishingg and managing that firm’s Dubai office and helping to open a seconxd office in the United Arab He is a corporate and projects lawyeer with more than 20 years Associate Richard Dollimore also is joining the Dubai He most recently worked inthe K&L Gatew office in London.

Friday, October 1, 2010

Man linked to stolen bank data found dead in Swiss prison - Reuters

http://faylicity.com/book/book1/tiffany.html


Man linked to stolen bank data found dead in Swiss prison

Reuters


ZURICH (Reuters) - A man held in connection with client data stolen from a bank and sold to German tax authorities has been found dead in prison, ...


Switzerland, Germany In Final Stages For New Tax Treaty

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Swiss Tax Treaty With Germany May Finish Bank Secrecy in Europe

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Suspect in Swiss Tax Data Sale Believed to Have Killed Himself

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