Santa Clara approves financing for 49ers stadium - Atlanta Business Chronicle:

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City Councilors Will Kennedy and Jamie McLeo were the only ones to side with the dissentera in the audience who opposed any publiv subsidy forthe stadium. The 5-2 vote on a $79 million subsidyg for the project came aftera two-and-a-half-hour presentationm and lengthy public comments that included concernx raised by the owner of California’zs Great America, Cedar Fair of Ohio, has been negotiating to sell the sprawling thrill-ridre park which is next to the proposeed stadium site to the 49ers.
An attorney representing the park John Hickeyof , asked for a delay on the “We want to reach an agreement (to sell the park), but while you have been working on the term sheet for we and members of the public have only had two businese days to read this complex document.” Hickey said he was surprisedr at earlier comments made by Jenniferr Sparacino, Santa Clara’s City Manager, that he regarde d as overly optimistic about the closenessw of an agreement betweenh Cedar Fair and the 49ers to sell the Jed York, president of the praised Santa Clara officials for creatinvg “the best infrastructure in the Bay Area” and told city officialsw and a crowd of more than 150 onlookerse that the proposed 68,500-seat stadium to be built on an overfloe parking lot at the amusement park would not only host up to 10 NFL gamed annually, but possibly a variety of glamorous including the World Cup soccer tournament, in the Stadium proponents also view it as a likelyg venue for major concerts, collegwe football bowl games and even the Super “I feel the excitement in this city about the York said.
“This deal will make Santa Clarw a better placeto live, work and play in the As part of a 40-year agreement with the 49ers, city officials agreed to contribute $79 million to the including $42 million in redevelopment agency $20 million from the city-owned utilithy district to relocate an electrical substation near the site and $17 millionm to build a parking That figure is well below the $222 milliohn city officials proposed spending on the project when it was firstr proposed two years ago, as they citec the poor economy and shrinking city revenuwe as reasons for a much-reduced contribution.
Another $35 million woulxd be raised by a tax on guests stayingh at any one of eight hotels inthe city’s North Bayshore redevelopment area surrounding Great City officials stress no General Fund monehy -- which pays for city services such as police, fire, parkds and libraries — will be used to pay for stadium constructiohn or operations. A Stadium Authority, a joint powers governing body comprised of city and team along with the 49erse and the NFL would be responsiblefor $825 million in stadium constructiohn costs under the agreement.

Bernards blanks North Plainfield - MyCentralJersey.com

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Bernards blanks North Plainfield MyCentralJersey.com As Bernards coach Joe Laspada explained, the goal came at exactly the right time. “It was very important because we stopped their momentum,” Laspada said. “We've been playing close games like this all year but after halftime we didn't panic, ... and more »

Broadway renews Matrix, MultiPlan leases - Puget Sound Business Journal (Seattle):

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The private real estate investmentf and management firm is renegotiating leases with tenantzs at the same time it is trying to cleart up debt issues withits Broadway, which lost ownership of the Hancock Towedr after it defaulted on a loan, has debt that matures this month. The financing in question is securesd byseveral properties, including the 980,000-square-foof Bay Colony. Broadway is in discussions with lenders to renegotiate the terms ofthe loan. Broadway was given an extensiob onthe loan, which was due earlier this month, according to a source with knowledgd of the situation. However, the landlorf renewed MultiPlan Inc.
, which leasews 105,062 square feet, and Matrix Partners, which leases 11,421 square feet, at the officre complex. CB Richard Ellies represented MultiPlan. DTZ/FHO Partners represented Broadwayh Partners and Matrix in thelease negotiations. Broadwa y acquired Bay Colony from Beacoj Capital Partners LLC in May 2007 as part of a larged portfolioof assets. The four-buildinf complex office park sits ona 58-acre site overlookingy Route 128.

Cobra Electronics Expands AURA Camera & Driving Hazard Database Line of Products

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(Photo: "The SL3 GPS Safety Locator providessa simple, safe way to warn drivers of potential dangersd at a price that is less than most traffid violations or deductibles," said , senior vice presideny of marketing and sales." An audible and visuak alert provides the driver added awareness." Drive by the proprietary AURA the SL3 uses a seriesw of LED lights and tones to alertf the driver to both the type of threat and its relativse proximity. The 3-Zone Notification System escalates the alertsd based onthe driver's speed ensuring enough time is given beford the intersection is reached.
The AURA database stores GPS coordinatesa of speed and red light cameras and driving Users can access this database online and download daily updates 24 hourz a day 7 days a The SL3 Safety Locator connectsvia USB, synchronizinhg the coordinates for the most current and accurate camera and dangerous intersection Drivers can also add up to 1,000 location-baseds alerts to ensure that they are alerted to temporargy or moveable driving threats. With dedicated professional research teamsd working out of its Chicagoworlr headquarters, Cobra has succeedef in developing a systematic verification process to minimize false alerts and establish the most dependable database on the market.
In North America, Cobrq verifies 100 percent ofthe database's speed and red-lightr cameras and dangerous intersections by communicating directly with municipal polic departments, traffic bureaus, state transportatiob agencies and proprietary data partnera to guarantee that every single alertg is accurate. The SL3 will be on display in the CobrqaBooth #C-9 at the CEA Line June 10-11, 2009 in New NY. The SL3 is legal in all states and providencezs in Canada and has an introductory price of $99.95 that includews one-year of free updates to the AURA database. The SL3 Safeth Locator is available nowat .
To learn more abouyt the AURA Camera & Driving Hazard Database and othert AURA-enabled products, visit . Cobra Electronics is a leadinf global designer and marketer of communicationm andnavigation products, with a tracj record of delivering innovative and award-winning products. Building upon its leadershipp position inthe GMRS/FRSe two-way radio, radar detector and Citizens Band radiio industries, Cobra identified new growth opportunities and has aggressivelh expanded into the marine market and has expander its European operations.
The Consumer Electronics Association, Forbes and Deloitte & Touche have all recently recognized Cobra forthe company' s innovation and industry leadership. To learh more about Cobra Electronics, please visit the Cobra site at .

TV recycling bill awaits Perry

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The Texas Senate passed the Television TakeBack which requires television manufacturers to provid e Texas residents with free and convenient recycling forused TVs. Authored by Rep. Davied Leibowitz, D-San Antonio, and sponsored by Sen. Kirk Watson, the bill follows one passec in 2007 that set up a recycling prograkm for computersand monitors. Olde r televisions typically contain between four and eight pounds of which can cause health problems when it enters the water or according to the Texas Campaign forthe Meanwhile, newer flat screens contain mercury, and almost all electronicsa are coated with brominated fire retardants and otherr chemicals.
Current programs for recycling televisionsis limited. Goodwill locationsx across the state will accept old TVs thatstill work, but the cost or recyclin is sometimes prohibitive for non-working

IAR Systems provides C99 compliance to 8051 software tools - MarketWatch (press release)

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IAR Systems provides C99 compliance to 8051 software tools MarketWatch (press release) IAR Embedded Workbench for 8051 is a set of reliable and powerful C and C++ tools for building and debugging embedded system software for embedded systems. It provides a user friendly integrated development environment including a project manager, ... and more »

Copan Systems gets $18.5M in venture capital - Denver Business Journal:

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million round of financing from venture-capital The money will help expand the company’s product developmenty and sales efforts. Longmont-based Copan announced the new investmentglate Monday. New investor , baed in N.Y, led the investmenyt round. It included funding from previous Copaj Systemsinvestors Texas-based , Boston-basex , New York City-based Firstmark Capital and Boston-basesd . Copan makes electronic data storage devices that store massives amountsof information. Its products are designed to require less energy to power and cool the devices than traditionak datastorage products.
Most of Copan’s clients are in healthu care, media, technology, education, financial services and About a thirdof Copan’s revenus comes from federal government agencies. That part of the company’a business is expected to grow as mandates on preservingy more information and cutting energy use affect moregovernment work, Copan’s announcement said.

Michal Anne Rogondino, Founder and CEO, Rocket Communications Inc. - San Francisco Business Times:

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Favorite task: Talking to the clients I do Because it’s fun to try to help them figure out a Leastfavorite task: Paperwork. Dealing with financial numbers. Biggesft frustration: The small things that come up unexpectedly that ruin your plan forthe day. Sourcre of support in a businessd crisis: My partner, Karen. Key goal yet to Creating a product. (We have one and) it’z going to come out in the Apple Store, but I’k not sure when. Firsg move with capital windfall: I have specifi people I’d like to hire. Five-year Very modest steps. We want to make sure we stay that everything we do is focused ondelivering high-quality solutions and providing good value.
Inducement to It would definitely need to be with theintentg I’d have something else to do. Firs t choice for new career or Software company. Most interested in meeting: Thomas Edison. Stresss reducers: Being outdoors. Sharing time with my two Favorite book: “East of Eden.” Favorite “Pat and Mike.” Favorite restaurant: Suppenküche in San Favorite destination: Tahoe. What’s on iPod: Mozart to U2. 1997 Land Rover Discovery.

At Monk Competition, a Sound Worth Returning To - New York Times

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New York Times

At Monk Competition, a Sound Worth Returning To New York Times Kris Bowers, 22, won the $25000 first prize Monday at the Thelonious Monk Institute of Jazz competition at the Kennedy Center for the Performing Arts in Washington. By BEN RATLIFF WASHINGTON â€" Hod Moshonov, a 22-year-old pianist from Israel, ... Kris Bowers Wins 2011 Thelonious Monk Competition Washington City Paper (blog) And the winner of the Monk jazz piano competition is…Posted on Sep 13, 2011 Ottawa Citizen (blog) Joshua White performs Sunday in the semfinals of the Thelonious Monk ... SignOnSanDiego.com Daily Herald -San Diego Reader (blog)  »

Despite loss, don't write off Federer's glory days just yet - SI.com

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Sydney Morning Herald

Despite loss, don't write off Federer's glory days just yet SI.com NEW YORK -- The temptation is to write off Roger Federer after Saturday's most recent come-from-ahead capitulation, a 6-7 (7), 4-6, 6-3, 6-2, 7-5 loss to Novak Djokovic that ensures the 30-year-old Swiss will finish without a Grand Slam title for the ... US Open Tennis: Ultimate Heartbreak for Roger Federer Fans Bleacher Report US Open Live Blog: Federer-Djokovic W »

Patrick Cudahy fire 'devastating,' exec says - Los Angeles Business from bizjournals:

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More than 130 firefighters from 27 area fire departments continuedf to battle the blaze lateMonday afternoon. "Wre have a lot of sore and stifft firefighters," Mayer said. As of earlyt Monday afternoon, no injuries to firefighters had been Mayer said firefighters hadbeen "gaining on the until winds shifted to the northwest after blowing to the southeasrt earlier in the day. The shift preventedr the fire, for the time being, from spreading to other buildingws at the PatrickCudahy complex, Mayer However, the change in wind directionj allowed the fire to spread to anothedr part of the buildint where the blaze is focused.
Firefightersx have been unable to get water into part of the which has caused the fire to continue to he said. "This is a very old and large Mayer said. McCue had calles on all residents and businessew in Cudahyand St. Francis to curb theirf use of water while firefighters continue to battlre a blaze that repeatedly flared up throughoutthe day. At about McCue considered requesting a National Guarfd presence in Cudahyto "secure the city's should the fire continue on into the nighty and force residents to remain away from their But later in the day, he said he no longere anticipated that the National Guard would be In addition to the evacuation of residentz in the area, businesses within the evacuationj area also have closed, includiny the vast majority along Packard Avenue, McCue said.
The closurese include the city's largest employers. In addition to the city'xs largest single employer, Patrick Cudahy, the fire has forcedf the temporary closuresof , , and the Pick 'b Save location on Packard Avenue south of the The chain's operator, Roundy's Supermarketsa Inc. of Milwaukee, said its Pick 'nm Save store in St. Francis, on Whitnalpl Avenue, remained open and provided water to the Ladish Co. sent its first shif t of workers home Monday and is askingits second-shift workerz not to report to work. The forging operationm has yet to decide whether tohave third-shift workersa report to the plant, 5481 S. Packards Ave.
Patrick Cudahy posted on its Web , to provide more informatio n for neighbors, employees and customers.

Staycations could boost state's tourism industry - Boston Business Journal:

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Last year at this time, gas prices rose to more than $4 per putting the brakes on traditional summereroad trips. Now gas is back around $2 a but a deep recession lingers after putting hundreds of thousands of Americans out of work and causing millionx more to rein intheir spending. “Gax prices are not as much of a concern righg now as theoverall economy, consumer confidence and people’s concernes about their jobs and retirements,” said John Edman, who has been executiver director of for the past nine years. Consequently, this will be a particularlh challenging year for Minnesota though there is hope that Minnesotanxs who travel will do so closeeto home.
At Madden’s on Gull Lake in Brainerd, ownerd and General Manager C. Briah Thuringer said this has beenthe “mosgt serious” of the four or five recessions he has seen during his 36 yearsw at the resort. “This is the first time that the bottomn has reallyfallen out,” Thuringer “Before, there was always that feeling that there was a slump and things weren’t flowing, but tomorrowq was going to be great.
This is the firstr time when people don’t really know when tomorrow A recent survey conducted by Explore Minnesotaq found that 57 percent ofthe state’s lodging businesses saw revenue and occupanchy decline in April and May as comparexd to a year ago. However, 51 percent of Minnesotz hotel and campground operatoras said they expect business to remaij flat or increase this summer compared tolast summer. Abou 60 percent of survey respondentes described the financial health of their businessesas “growing” or but positive.
” There are some concerns aboutf declining rates, but overall, Edman expects this to be a relativelhy strong summer for the state’s $11 billion-a-year tourismn industry. The state typically generates about 37 percent ofits travel-related revenues during the months of July and August, and he thinks those peak months will be busy agaij this year. “People are still goingh to want to Edman said. “They’re just going to travelo differently than they did in the People still need to get away for stress relief andhealtj reasons.” The biggest difference this Edman predicts, will be where people decidew to go.
He expects that most peopl will stay closer to home andbook less-expensive trips within driving distancr of where they live. That’s why Explore Minnesota is changing itsmarketing Typically, it spends about 80 percenft of its marketing budget to promote the statwe to nonresidents, with the remaining 20 percent aimed at this year, that split is closer to “We don’t have oceans and we don’t have but we do have a lot of things that are Edman said. “Whether it’s fishing or hiking or biking, thosee are relatively low-cost activities that you can do You don’t have to go far.
” That couldf bode well for Minnesota resorts, as Twin Citie residents book trips to Duluth or instead of venturing on week-long, cross-countryh trips, said Dave Siegel, president and CEO of Hospitality Minnesota, whic h oversees the state’s restaurant, lodging, and resortt and campground associations. “I think it’s goinb to be a good summer,” he “… I’m not projecting an but I expect [resorts] to hold their Camping and fishing also couldx see a boost in popularity this Siegel said.
Meanwhile, officials at convention and visitors Meet Minneapolis, remains “cautiously optimistic” about business this said President and CEO Melvin “A lot of our hospitality-industry executives believw we’ve either hit bottom or are closwe to hitting bottom, and that from this point on, we’re going to be able to see some very modestr growth. … I think this summeer could be very goodfor us.
” Meet Minneapolis advertiserd its “Downtown Sizzle” campaign, which includesz discount packages at 12 participating hotelas through September, with 450,000 promotionalp inserts in newspapers in the Twin Cities; Des Moines, Iowa; Fargo, Madison, Wis.; Milwaukee; and Manitoba. Getting a true read on the summer hospitalitg businessis difficult, however, because people are waitinf longer to book their So even the northern Minnesota resorts that anticipatwe a busy summer stillk have numerous openings during peak “It’s a much more last-minute vacation-planning Siegel said.
“I think that’s If people are nervous aboug their jobs or theireconomic futures, they’re waiting until they have a greatert degree of security before they make that

Loss, sales, shares fall at Toll Brothers - East Bay Business Times:

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million, and has decided to discontinur givingearnings guidance. The Pa., company’s net loss was 52 cents a whichincluded pre-tax write-downs totaling $119.6 During the same period last year, Toll reported a $93.7 million, or 59 centss a share, loss, which included pre-tax write-downs totaling $288.1q million. Revenue for the quarter came inat $398.3 a plunge of 51 percent. The average analyst estimatre forthis year’s fiscal second quarter was a loss of 50 cents per share and revenuwe of $395 million, according to Thomsonh Reuters. Toll shares were trading 6 percentt lower Wednesdayat $18.35.
Though the housing markegt continues to bea challenge, Toll said it has experiencedx an uptick in activity and traffix at its communities. The company will not provid e earnings guidance becauseof “thd numerous uncertainties related to our business,” said Joel H. chief financial officer.

Filene

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Last month, Columbus, Ohio-based Retail Venturese Inc. sold the iconic chain to , a Californiz company that bills itself as one of the largest retail liquidatoras inNorth America. This month, Filene’w filed for Chapter 11 bankruptcy protection, citinh weak sales during the downturn. The fate of the downtown Baltimorr store depends on the outcome of the bankruptcy The entire company is up for sale and at leasyt three companies are biddingon it. They include , a Californiza real estate investment and fellow discount storewSyms Corp.
and Men’s “It’s still business as said Bill Parness, a Buxbaum But during a recent visit, it was apparent that severalp areas of the storelacked merchandise. A store clerk told the that the storer has not received any new inventorysince April. Earlied this year, Filene’s shuttered 11 of its 26 storee nationwide. The closures included Columbia, Towsojn and Hunt Valley stores. It kept its two-year-old downtown Baltimore store open.
Filene’s executives could not be reachedfor