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Coyne: Caterpillar commentary runs off the rails of logic
Source:
Construction News
Publication Date:
2/6/2012
The Electro-Motive shutdown is being presented in some quarters are the action of cross-border corporate pirates., It isn't, says Andrew Coyne.
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The show will go on for Seattle's Intiman Theatre
Source:
National Business News - Local Business News | bizjournals
Publication Date:
2/6/2012
 The Intiman Theatre will survive. After raising $1 million in pledges, the board of trustees voted unanimously Monday to go forward with a 2012 season.
“There were champagne corks popping,” said Terry Jones, president of the board, just after the group's meeting ended Monday evening (Feb. 6).
Board members had agreed that if they didn't raise enough to meet the $1 million goal, they would close the doors of the theater permanently.
The theater has struggled to come back after abruptly shutting down early in its 2011 season...
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Capitol Business: GOP serious about blocking regulations (even one of their own)
Source:
National Business News - Local Business News | bizjournals
Publication Date:
2/6/2012
Colorado House Republicans vowed to help businesses create jobs by cutting regulation this legislative session. And on Monday, they proved their commitment to that tenet by killing a professional licensing bill that was brought by one of the members of their own caucus.
The House Agriculture, Livestock and Natural Resources Committee voted 7-5 against House Bill 1060, which would have created a voluntary licensing program for dietitians. The vote, which was largely along party lines, came as proponents and opponents gave differing views on what the measure would mean for jobs...
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Microsoft co-founder Paul Allen: most generous living donor
Source:
National Business News - Local Business News | bizjournals
Publication Date:
2/6/2012
 The Chronicle of Philanthropy reported Monday that Microsoft co-founder Paul Allen was the third most generous donor in America last year, and the most generous one still alive.
This is Allen’s 10th year on the list. Only two donors have made the list more times: software billionaire Larry Ellison, and Eli and Edythe L. Broad, whose background is in finance and real estate.
Last year, Allen committed $372.6 million to a variety of foundations, including $295 million to his own Paul G. Allen Family Foundation, which supports the arts, culture, education and social service programs...
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Measure to require oil and gas drilling setbacks dies
Source:
National Business News - Local Business News | bizjournals
Publication Date:
2/6/2012
A bill requiring oil and gas wells to be drilled at least 1,000 feet from nearby schools or homes in Colorado died Monday when the state House Judiciary Committee voted 8-3 to postpone indefinitely further hearings on it.
But the three-hour hearing on House Bill 1176, sponsored by Rep. Su Ryden, D-Aurora, offered the first glimpse of the broad outlines of the Legislature’s 2012 fight over oil and gas operations in Colorado, and how the state’s new Niobrara oil boom has stirred concerns along the populous Front Range...
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Top Congressional stock picks: Microsoft beats Apple
Source:
National Business News - Local Business News | bizjournals
Publication Date:
2/6/2012
 Microsoft ranks No. 4 on a list of the top stocks owned by members of Congress, according to a report by The Center for Responsive Politics.
Stock ownership by members of Congress has been an issue recently after several media reports that were critical of what some viewed as politicians capitalizing on inside information about the financial crisis, including a featured report on CBS news program "60 Minutes."
On Thursday the U.S. Senate approved a bill that prohibits legislators and their family members, as well as staffers, from trading stocks if they have non-public information...
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Could Hawaii ever hope to host the Super Bowl?
Source:
National Business News - Local Business News | bizjournals
Publication Date:
2/6/2012
Sunday’s Super Bowl in Indianapolis was filled with dramatic plays in a hotly contested game that went down to the wire.
It paled in comparison to the Pro Bowl played at Aloha Stadium the week before.
With the all-star game in limbo, could Honolulu actually host a Super Bowl?
If it came down to the one requirement mentioned by NFL commissioner Roger Goodell in an interview on NBC Sports Network, the Gathering Place is officially in the running.
In his one-on-one interview with Bob Costas, the comish said he’d consider a city that had at least 25,000 hotel rooms...
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Rumors swirl as NFL considers Pro Bowl's future in Hawaii
Source:
National Business News - Local Business News | bizjournals
Publication Date:
2/6/2012
The rumor mill is really going regarding Hawaii’s only professional football game — the NFL Pro Bowl.
The Associated Press reported that NFL Commissioner Roger Goodell is talking about sacking the game altogether following the Jan. 29 score fest at Aloha Stadium, which the American Football Conference all-star players won over the National Football Conference by a score of 59-41.
“We are going to either have to improve the quality of what we are doing in the Pro Bowl or consider other changes, or even consider eliminating the game if that is the kind of quality of game we are going to provide,” the AP quoted Goodell as saying...
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Hoku Corp. gets loan-term extension
Source:
National Business News - Local Business News | bizjournals
Publication Date:
2/6/2012
 Hoku Corp. said Monday that the maturity date of $50 million in loans from a Chinese investor has been extended for one year until the first quarter of 2013.
Honolulu-based Hoku (Nasdaq: HOKU) said the $20 million and $30 million two-year loans provided by Tianwei New Energy Holdings Co., Ltd. through China Construction Bank in early 2010 were scheduled to mature this quarter. China’s State Administration of Foreign Exchange, which approved the extensions, also preauthorized Tianwei and China Construction to extend the maturity date another year to the first quarter of 2014...
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Bank of America investors win class-action status in suit over Merrill Lynch deal
Source:
National Business News - Local Business News | bizjournals
Publication Date:
2/6/2012
 Bank of America got more bad news Monday when a federal judge approved class-action status for a lawsuit accusing the bank and some of its senior executives and directors of fraudulently misleading them about the 2008 takeover of Merrill Lynch.
The shareholder suit takes issue with the size of Merrill Lynch’s losses and bonus payments made at the time.
U.S. District Judge Kevin Castel rejected BofA’s arguments that the case should not be granted class-action status.
Class-action status increases the likelihood of a substantial award if shareholders win their case...
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FTA: Honolulu may spend $185M on rail project
Source:
National Business News - Local Business News | bizjournals
Publication Date:
2/6/2012
 Honolulu received assurance Monday from the Federal Transit Administration that it may spend $184.7 million to start heavy construction for its $5.1 billion rail transit project ahead of final approval for an anticipated $1.55 billion in federal funding.
The assurance was contained in a “Letter of No Prejudice” from the FTA delivered to the City and County, according to a statement from Hawaii’s congressional delegation.
The letter will allow the city to begin construction on the foundation and pillars for the concrete elevated railway on the West Oahu-Farrington Highway and Kamehameha Highway segments of the route, Sens...
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U.S. Stocks Decline Amid Concern About Greek Debt Negotiations
Source:
Construction News
Publication Date:
2/6/2012
U.S. stocks declined, following a five-week advance for the Standard & Poor's 500 Index, amid concern about Europe's debt crisis as Greek leaders wrestled with spending cuts to get aid and avert a default.
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Momentum builds in construction
Source:
Construction News
Publication Date:
2/6/2012
The nation's construction industry is beginning to stabilize, with fewer firms expected to make layoffs this year and projects in the private sector expected to expand, according to survey results released recently by the Associated General Contractors of America.
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Products Snapshot: Concrete Trucks and an Inspection Camera
Source:
Top Stories from ENR.com
Publication Date:
2/6/2012
This week we look at a lighter concrete truck and a hand-held inspection camera.
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Culture shift for Wells Fargo
Source:
Construction News
Publication Date:
2/6/2012
It was about a year after Wells Fargo and Kovacevich, the bank's chairman at the time, had announced a plan to purchase Wachovia Corp., and now he was reaching out to Warren Buffett for help.
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Construction Defect Center Expands Its Initiative For California & US ...
Source:
Construction News
Publication Date:
2/6/2012
The Construction Defect Center is expanding its national initiative focused on identifying any US homeowner, who has a home built after 2005, that has defective wood trim boards, or fascia boards in California, as well as the Mountain West, the Pacific Northwest, and the US Northeast.
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Berkshire Hathaway firm swoops on Freo Group
Source:
Construction News
Publication Date:
2/6/2012
Freo Group boss Tony Canci says he is looking forward to the future after the company was acquired by Canada's Sterling Crane.
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Fiscal 2013 DOD Budget to Call for Another Round of Base Closures
Source:
Top Stories from ENR.com
Publication Date:
2/6/2012
Base realignment and closures could generate near-term work for environmental consultants, but new military construction programs could take a hit.
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Best-Ever Officer and Overhead Personnel Compensation Report Available
Source:
National Electrical Contractors Association: News
Publication Date:
2/6/2012
The 2011 edition of NECA's Officer and Overhead Personnel Compensation Study is the most accurate and indepth tool we've ever produced for benchmarking compensation and benefit levels in the electrical contractor industry. Order yours today!
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