Salvador Imaging, Inc. Company Profile | Company Information

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The staff of Salvador Imaging has been pioneeringnew CCD, CMOS and EMCCeD imaging systems for over 15 years. Durinbg that time, the individuals on our stafrf have been recognized by numerous agencieswincluding NASA, the US Small Businesss Administration and the White House for our contributions to high-performance imaging. Our offering of low- noise digital camera products is frequently accomplishec withsophisticated multi-output designs which, in some cases, providr composite video rates in excess of Salvador's cameras continually define new industruy standards in speed, resolution and scientifi c image quality.
While Salvador's succesw has always hinged upon ourtechnical leadership, we feel that an equallgy critical aspect is our unwavering commitment to ethicalo business practices and unparalleled customedr support. Salvador offers standard cameras as well as fullyu custom designs to meet the needds of a broad range of scientific and machinevisiob markets. Applications for Salvadoer cameras rangefrom semiconductor, printed circuit-boarc and flat-panel inspection to medical laser-beam profiling and ballistic imaging. All camera products incorporatelow noise, precision analog design coupled with proprietary thermal stabilization to provide unrivaled imagingf performance.
Features such as area-of-interest and external synchronization are standarcd in manySalvador cameras...

After buyout, union workers get a lesson in modern economics - NBCNews.com (blog)

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NBCNews.com (blog)

After buyout, union workers get a lesson in modern economics NBCNews.com (blog) Apollo cut the wages for most of the production and maintenance workers at its Waterford plant. The National Labor Relations Board investigated and tentatively concluded that the company had violated the contract. But with other locals rallying behind ...

Broker Ross Sinclaire expands in Columbus - Business Courier of Cincinnati:

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The Cincinnati-based firm, whicuh started out with one employee workinhgin Columbus, recently brought on the four-employee municipal finance team from Youngstown-based Butler Wick Co. and moved into a new locationm at375 N. Fronrt St. Butler Wick, which operatex 23 offices in Ohio, Pennsylvania and New York, was acquired by for $12 milliohn in January. Stifel maintains an office in Columbus. Omar now the managing director atRoss Sinclaire’s Columbusz office, said he and thred other employees were let go from Butler Wick when the deal Ganoom said the finance team’s move to Ross Sinclairre was a good match. “It was a natural fit for us to come to Ross he said.
One of the benefits of workinvg for a smaller firm like Ross Sinclaire is the greater opportunityt for growth and the abilityto “react to markert environment on a regulard basis,” Ganoom said. Ross Sinclaire CEO Murray Sinclairwe Jr. said employees had a “smooth transition” betweenh the two firms. Ross Sinclaird operates 10 offices, including three in and specializes inmunicipal bonds, stocks and publi c finance. “We’ve been relatively aggressive at expanding our presencrein Ohio,” Sinclaire “We’ve opened up several new offices throughout Ohio.
” Ganoomj said that Ohio is currently suffering from a loss of investmenyt banking firms and hopes Ross Sinclaire will be able to servwe more clients in the Columbus area. “It’s important to me to supporg Ohio,” he said. Ross Sinclaire was ranked the No. 6 municipalo financial advisory firm in the country for transaction lessthan $10 million for 2008 by Thomson Reuterds .

Iridium earnings fall 42%; revenue up - Business Courier of Cincinnati:

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The Bethesda-based provider of satellitre telephone services, which expects to become publicly traded this summer througjan acquisition, posted a 42 percenrt decline in net income in the first quartefr ended March 31, to $9.7 million from $16.7 million a year ago. Th compan y attributed the decline to costs relates toits next-generation satellite program. “Iridium continued to although the pace slowed given the currenteconomiv climate,” said CEO Matt Desch.
“Inj addition to the impactr of phasing outequipment amortization, we believ e the economic climate is affectinyg equipment sales, as is the transition of newlg introduced products into the distribution channel as our partners move existinv inventory to make way for new product.” Companty officials say either Bethesda-based Lockheed Martin or Thales Alenia Spacse will be selected as the program’a lead contractor this summer. The program’s new network of satellites called Iridium NEXT is expected to be deployein 2014. Iridium NEXT will provide highetdata speeds, greater bandwidth and the potentialp to deliver new data services and applicationx to customers.
The company says its EBITDA, or earningzs before interest, taxes, depreciation and increased 4.9 percent to $27.6 million in the firsft quarter, up from $26.3 million a year ago, thougbh most analysts do not use that as a reliablrfinancial measure. Iridium’s revenue rose 2 percent to $75.8 millionn for the quarter, compared to $74.32 million for the first quartert 2008. The slightly higher revenude came from increased commercial servicesx revenueof $36.8 million but was offset by a declins in subscriber equipment revenue to $20.5 million for the Iridium’s commercial markets include maritime, aviation and land mobilse customers, which grew by 11.
5 percent for the The company’s sales to government customers, including the Department of Defense, grew 31 Despite a 31 percent increase in subscribers to compared to 250,000 in the first quarter of 2008, a $2 milliob amortization of equipment relater to prior year equipment sales, adde to the decline in subscriber equipment revenue. The company is planninbg to go publicthis summer, but it is not takinvg the initial public offering It is acquiring a publicly traded investment (NYX: GHQ), an affiliate of Greenhill Co. Iridium has retained Deutschr Bank as its financial adviser forthe transaction.

Distressed assets taking center stage among apartment investors - San Antonio Business Journal:

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Now, buyers are looking for somethint abit uglier. Of the handful of investmenft opportunities that exist in the local apartment those assets moving to the top of list these days arethe so-callesd distressed assets, industry brokers say. Specifically, the cream of that crop are bank-owned assets, or REO (real estate owned) assets foreclosed properties that have gone back to the Also falling intothe “distressed” categorg are apartment properties put on the market due to the financial dire straits. Phoenix and Miami have seen a delugde of REO deals over the past18 months, accordinfg to Casey Fry, an associate with the San Antonio/Austin officse of Atlanta-based (ARA).
The first wave of thesr properties have now surfaced in San Antoniooas well, Fry says. The city’xs relatively stable economy makes it unlikelyu that the local market will see as many of these REOs and distressed property salesa asother metros, but as Fry pointsz out: “There will be more to While transaction velocity in San Antonilo has slowed considerably over the past two years, there is the likelihood that more apartment communities will come to market as more owners find themselves needing to sell, adds Will a member of the Balthrope Group of the . Balthrope’s partner is Ryan Epstein, who is base d in San Antonio. Balthrope’s office is located in Dallas.
Lookinb back over the past year athis team’s property assignmentws — including those that have already changed as well as those still for sale about 90 percent of these propertie s were being sold by owners who had found themselves in financial trouble. Or as Balthrope puts it, thess were owners who had “compelling reasons to sell.” What’s the attraction of distressedc assets? Sums up Balthrope: “The opportunity to profit in a time of value Wordslike “distressed” and “REO” are like big signs on the asseft that say, “Come look at me!” Balthrope says.
And for everhy owner that has a compellinv reasonto sell, there are myriad buyers anxiously waitinyg to take advantage of a good observes Patton K. managing director of ARA’z Austin office. So who are the buyers now? According to it’s all private money thesse days — or what he calls “country club money.” “Thd institutional investors are gone,” says Jones, addingy that most of these players — namesw like and — have fallenh on tough financial times. “Nosw it’s the private investors who are goingb to theircountry clubs, to their friends and family and raising equity.” It’s a lot of new blood cominb in, Fry says.
“The buyers out they are not on ourregularr Rolodex,” he adds. Some of those back in the game includer buyers from the last bad downturn in the Texas market the S&L crisis of the late 1980s and earlyu 1990s, which led to the creation of the (RTC). “Aq lot of (the buyers) from the RTC now they’re back at the table,” Fry In a given sale, there usuallyu exists what is known asthe ask-bid gap — the difference between what the ownert thinks a property is worth versus what buyers are williny to spend. An REO “fully closes the Fry says. “There is no longetr a stand-off. The lender (or ultimately wants the property off their he adds.
“The buyer knowa the property will sell.” And an eager selle r means a bargain deal, brokers say. Adds Jones: “Everyond wants a bargain.” As for what makes for a distressed it could be that the property itself may be in need of some or it may be simply that the ownee is in a financial pinch and needs to raissecapital quickly, Fry says. Case in poingt is the Oaks of MarymontApartments — a 16-acre community located off of Loop 410 and Starcrest Drive in Northeast San Antonio that is being marketedx by ARA. “There’s nothing wrong with the the (owner) is just ... over-leveraged,” Jones says.
All in all, the Texass apartment market has held up better than many in otheer parts ofthe country. The vast majorith of owners here are in a position to be able to hold onto theirt properties a whilelonger — and wait for the market to pick back up and get a better price for their assets. What that means is that in citiee likeSan Antonio, the market has a lot more moneyu in search of apartmentr properties than there are properties to meet that demancd — making for a very competitivew buyer’s market, Marcus & Millichap’s Epstein “You don’t have a lot of sellerse out there today — unless they need to Fry says.
And when that happens, therse is a good deal to be found. Adds Balthrope: “Thise is the best time to buy in20

Pupil-service provider ratios - Wichita Business Journal:

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pupils per provider 2. Wellsville, 66.4 pupils per provider • 3. Nort Collins, 74.8 pupils per providefr • 4. Dunkirk, 75.1 pupils per provider • 5. 84.5 pupils per provider • 6. Cattaraugus-Little Valley, 85.5 pupilsa per provider • 7. Pavilion, 85.6 pupils per providef • 8. Friendship, 85.7 pupils per provider • 9. Salamanca, 87.2 pupils per providefr • 10. Clymer, 88.8 pupilds per provider • 11. West Valley, 89.1 pupilse per provider • 12. Gowanda, 90.4 pupild per provider • 13. Brocton, 91.0 pupilsa per provider • 14. Byron-Bergen, 93.9 pupils per provided • 15. Olean, 94.2 pupils per provider 16. Perry, 99.
1 pupils per provider 17. Chautauqua Lake, 99.3 pupils per provider • 18. 101.0 pupils per provider • 18. Forestville, 101.0 pupils per provided

Bay Area pension funds hammered - San Francisco Business Times:

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On Oct. 1, after watching investmentg results for the funderode “substantially,” Reed said the Sacramento-basec hospital chain injected $150 million. It put in anothedr $90 million later last With further lossesin November, it is considerintg an additional $100 million contribution. Sutter’s board has authorized managemen t tocommit $160 million more, if to keep the plan fully funded, bringing this year’ potential contributions to as much as half a billionm dollars. Sutter has plenty of company in battlinbg the rising tide of pensionfund losses.
The market’d downturn has put pensionm funds under pressure at a numbef of BayArea institutions, public and private, largse and small, at giants like and the Universitt of California and at much smaller organizations like in San Francisco, wher e pension liabilities helped drivde it out of the new-car Ellis Brooks cut 45 jobs as a result, and it’s unclear how many more Bay Area jobs will be lost due to the pension funding crisis. The nation’s largest public pension the Sacramento-based California Public Retirement System, said it lost 20 percent of its valur from July 1through Oct. 10.
It, too, expectss that losses have risen since then and recentlyg announced it will require highert paymentsfrom California’s public employers if those lossexs don’t reverse. At the Universituy of California, 122,000 employees will be requirede to start contributing to pensiobn accounts for the first time in 19 As a tidal wave of losses has rolled downWall Street, $900 billion was wiped off the valuew of pension funds across the country in the 12 monthsa to Oct. 9, says Boston College’z Center for Retirement Research. Pensiobn plans across the country were about 85 percent fundedon Oct. 9, accordin g to the center.
That’s down from 120 percent in and 98 percentat year-en 2007. A pension fund is considered 100 percentf funded if its assets cover the projected costes ofits retirees. At 60 percenty or below, funds are frozenn — meaning existing fund members can’t accrue more benefits, and new memberd can’t join. “It’s important to remember that pension fund obligationxs arelong term,” said Christinw Tozzi, San Francisco retirement practicd leader for .
“Employers have time to get the funds fundes up and allow for the possibility for some recovery in the Even so, many are hoping Congress will tweakl recent regulations, to give them more leeway in dealinh with unprecedented stock market declines. Still, with the economyu turning down and a wave of babyboomeres retiring, the need to find tens or hundredds of millions of dollars to prop up pensiom funds couldn’t come at a worse time for many In the last two decades, 401(k) plans have overtakenj pension plans as the retirement accounyt of choice in the private 401(k) plans are “defined contribution,” where employeeds shoulder investment gains and losses.
Pension pland are “defined benefit,” in which the pension fund is responsibl e for providing retired workers with benefitse based on years of service and Asof 2006, 8 percent of the U.S. workforce was coveresd by a company-run pension compared to 70 percent who hada plan. But 20 million U.S. workers are still coveredx by pension plans, including relatively largd numbers in the heavily unionizedBay Area.
Most workers employed by state, local or federalk governments are still covered by traditional as are many universityand health-care workers Most pensionj funds have about 70 percent of total assets tied to stockw and about 30 percent in more conservativd investments like bonds. That strategyt worked well as the stock market continue to turn in steady gains for most of the last two with good years far outnumberingtbad years. Traditionally, organizations that offere pension plans have been able to balance out good years and bad sometimes overfunding and sometimesz underfundingtheir plans. But the recent which began inlate 2007, has played havocx with investment results.
Some Bay Area companies said their pensionj plans were underfunded even at the startrof 2008, before the worst stagesw of the recent multi-stage stock market collapse. Chevron, for said its pension plan was underfunded byabout $1.7 billio n at the beginning of this The company said it expected to contribute $500 million to employee pension funds in 2008 — a goal that has “noy changed as a result of market said spokesman Lloyd Avram. Volatility is a politw way of sayingthe S&P 500 had lost more than 40 percent of its value this year, as of Nov. 24.
“This is happening so quickly that I doubt the market has completelyu absorbed the ramifications of the said Sutter’s Reed. His system operates , , , and Peninsula Medicap Center, among other hospitals in the Bay Area. meanwhile, has tightened most notably in the Pension Protectiom Actof 2006. It requirezs pension plans to eliminate any underfunding overa seven-yeatr period starting this year. A number of the nation’sd biggest businesses are pushing Congress to change those sayingthey shouldn’t have to put more money into theire pension funds at such an inopportune time. , and are among those signing a letter asking for the rulesa tobe relaxed.
Unless such a changes is made, the current law requires companies to meet tougher funding requirements this yearand next, whicnh could put some Northern California companies on the hot “Absent reform, they would have to put more cash in, becausew of the situation we have with asset losses,” said Watsobn Wyatt’s Tozzi. The exacg amounts won’t be known until the year is complete. It will vary by and even the current law includesasome asset-averaging provisions to “soften the impacts of the actual losses,” she said. Health-care organizations, with big staffs of largelyt unionized employees, are strugglinf with pension-fund losses.
has a hole estimatecd at $30 million to $40 due to 2008 investment losses. ’s pensiohn fund, meanwhile, was underfunded by $295 millioj at the end of its 2008fiscak year, on June 30, well befores the worst of the stock market’s recent crashes, according to an Oct. 17 report by . Moody’sw notes that as a so-called “church CHW’s has more flexibility than but says its gap infundinvg “is sizeable compared with other large systemes and we view the obligation as a

Hawaii sets SBA loan record - Pacific Business News (Honolulu):

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Lending topped $57.9 million in 7(a) business up 6 percent over last year, for the fiscal year ended 30. “Our banks continue to work with small businesses andwe haven’t seen a slowdown of lendingf in our territory,” said Andrewe Poepoe, SBA district director, in a “My thanks go out to all the participatinyg lenders for their commitment to small businesses. We hope to see this importany support continue into 2009 to help us througb the economicchallenges we’re facing.” The was named the loca 2008 SBA lender of the year for the sixtu year in a row, with a tota l of 87 loans. provided $5.9 million in loanws to 65 smallbusiness borrowers.
made 78 SBA up from 42 last year. approvede 53 loans, more than double their numbe r of SBA loanslast year. the SBA saw declines from the recorrd highs offiscal 2007. The numbefr of loans approved was down29 percent, from 110,27t5 to 78,317.

Continental makes most-delayed list - Baltimore Business Journal:

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Houston-based Continental (NYSE: CAL) flights were on time 72 percent of the time duringfthe month, followed by with a 69.4 percen t on-time arrival rate and with 68.6 Best for on-time arrivals was whose flighta were on time 91.1 percent of the followed by at 86.2 percent and at 85.8 according to the Air Travel Consumer Report, compiled by the DoT’ss Bureau of Transportation Statistics. Figures also showed that Continental had a problemm getting its daily afternoon flight from Clevelanddto Newark, N.J.
to arrive on time in The Houston-based airline’s flight 1567 from Clevelanr to Newark’s Liberty Internationap Airport was late 90 percent of the time durinthe month, according to the report. the flight was the fifth-most-delayed during April. Leadingy the list was ’ flight 803 from Atlantaw to Honolulu, which was late 96.6 percent of the according tothe report. The 19 carriers reported an overall on-timer arrival rate of 79.1 percent in April, up from 78.4 percen the previous month, and 77.7 percentr in April 2008. Carriers reported that aviatiob system problemsdelayed 7.4 percent of flightsz in April, up from nearly 7.3 percengt the previous month.
Other common problems includecd late-arriving aircraft and maintenance orcrew problems. Weather was to blamed for 44.4 percent of late flights, up from 37.9 percent for the same montg in 2008.

Equitable Building auctioned for $30M - Dayton Business Journal:

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The new owner, , an affiliate of Capmark boughtthe 33-story tower for $29.5 said attorney William Rothschild, with law firm . Sutherland was representingh the lender, , which was foreclosing on the Equitable Building. Capmarkj was the only bidder onEquitabls Building, as most commercial real estate observers Equitable's former owner, San Diego-based , paid aboutt $57 million to acquire the building in 2007, but its valur plummeted to $42 million by earlyh 2009.
Equastone received 90 percent financing from Capmark toacquire Equitable, but plans to stabilize the building's occupancy and turn it into an income-producing asset never materialized amid the worst commercial real estatse crisis in 20 The tower -- designed by renowned architecturalk firm -- has remained abouy half occupied this year. is managing and leasinb the building. It's expected to cour the Fulton Countypublicc defender’s office, which is seekingf at least a 50,000-square-foot lease The public defender's office was lookinbg at the Equitable Building, but the financial crisiz facing the tower helped derail the Rothschild was assisted in the transaction by Sutherland's Jason Kirkham.

Would you like a gun with that Hummer? - St. Louis Business Journal:

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million, 34,000-square-foot dealership. Stock and Associatesx has been tapped as thecivil engineer. Lynch owns Adventure Accessories, with more than $3 millionm in annual sales of Hummer accessories and he expects that will doubler by expanding it to Adventure Accessories andShootingb Sports, adding firearms and outdoore equipment. Kent Turner, president of , was rackinv up frequent flier miles between his officwein St. Louis and that toddling town as he executeed a complex deal that led to the acquistiojof OWP/P, a Chicag design firm. The termsa were not announced, but the combined architecturakl firm would bethe nation’s 11th largest, bases on Cannon’s annual revenue of $95.
4 millio and OWP/P’s $52.9 million. rankedr as the fifth best capitalized holdinv company with assetsof $1 billion to $100 billionb in a stress test conducted by SNL It has an estimated $170 million in excesss Tier 1 capital; ranked 13th, with $74 millionh in excess. Tom Chulick is St. Louis chairmann of UMB, and Tom Collines is St. Louis president of Northern St. Louis’ was among the institutions with thelargestf shortfalls. Dr. Shawn a chiropractor in Cedar Hill inJefferson County, has openes two AllergiCare Relief Centers, in Cedar Hill and in Chesterfielc Valley.
The centers diagnose allergy symptomsausing radio-wave technology and treatf them with an accupressure laser therapy. Lavigne chargew a flat rate of $1,000 for the which are not coveredby insurance. He invested $60,000 to launch the centers and plans to open a third byyear end. There’zs no scrimping on audio and video technology at the new at the at At 83,000 square feet, the 27 rooms and 220-seaf auditorium have six flat-panel televisions, 28 Sanyo projectors and 28 Drapere projection screens. The equipment was installed by , whicuh completed 22 health-care related projects valuef at $4.
5 million in its 2008 fiscal year, said Dan Schaeffer, Patsy Duncan, owner of mold testing firm is launching a secondd environmentalconsulting business. Duncan’s will distribute EZ Breathd homeventilation systems, which retail for about $5,000, to complementg her mold inspections. Last Fungus-A-Mungus sales topped $220,000, and she’s currentl y tracking a 20 percentsale increase. Both startups were Brothers Scott and Ben Scully andtheif mom, Cammie Scully, debut their new Benton Park art Abstrakt, from 8 to 11 p.m. June 6 with free drinkd and entertainment and the art ofPaco Rosic.
The galler y is in the shadow of the at the corner of Arsenal and next to Benton Park Salesof $250,000 are projected in the firs year, with a portion of each sale going to charity. The is the beneficiart for the opener. Scott is founder and presiden of ; Ben is senior vice presiden t of salesat Emdeon; and thei mom is the executive directotr of the in Waterloo, Ill.

SkySong celebrates achievements of first year - Phoenix Business Journal:

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The 37-acre former site of Los Arcods Mall now is a center designed tospur innovation, global business interactionn and technology leadership. It is an amenity for Scottsdale, greatetr Phoenix and the entire state, directlt connected to ArizonaState University’s initiatives in innovation, entrepreneurship and global partnerships. More than 40 companies and organizationes have established a presenceat SkySong, creatinh new technologies, capital networks, business education and a skilledx work force. SkySong is an example of the tremendouzs potential in this part ofthe city.
Much hard work was done to find commobn goals and mutual benefits in redevelopingh thisunderutilized property, strategically located between ASU’a main campus in Tempe and Scottsdale’s downtown. In addition to the employment opportunities with innovative companies at many jobs were created through the construction of the firsr phase ofthe project. The next phas of development is under way and will pump more dollarse intothe economy.
SkySong’s shade structure has become a landmark for It can be seen for miles when crossing through the Papagko Buttes on McDowell Drive or traveling alongScottsdaled Road, and from the air as visitors and business travelers fly into and out of Phoenixd Sky Harbor International Airport. The native and desertr landscaping at the site is a welcomde change from the acres of asphalt and concrete that onceexistecd there. There also are intangible benefits being realizedby SkySong’x presence in Scottsdale.
The center has reache out to collaborate with local schools througn formal andinformal programs; it has engaged in severalp partnerships with the Scottsdale Unified School District; and the developmentt team is commemorating the recent dedication by establishinh a grant for a local school Bricks and mortar aside, it really is the peoplr and ideas at SkySong that will make the center vitao and will put it on the map. Whether it is a one-person startup company or a globapl corporation, new technologies and creative solutionsz for the future are being explored This is what we are really Scottsdale Mayor Jim Lane can be reachefat jlane@scottsdaleaz.gov.
Sharon Harper, CEO of the Plaza co-developer of SkySong, can be reached at sharonharper@theplazaco.com.

Ohio has second-biggest hit from GM dealer closings - Dayton Business Journal:

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A total of 79 dealerships are expected to closdein Ohio, according to a list of dealerships whoses franchise agreements are not expected to be renewed by the fall of 2010. The list was releasedr by the ’s subcommittee on oversight and investigationsw and was based on information provided byGM GM). The automaker will have 2,300o fewer dealerships after it reorganizes. through a combination of not renewinffranchise agreements, as well as attrition and othee factors. GM has notified 1,32w3 dealerships that they will not have theird franchiseagreement renewed.
GM has declinef to identify the dealerships that will not be allowe d to continue selling itsnew products, lettinyg individual franchisees make the decision. GM used a dealer performancd score to determine which dealers would not be a part of thenew GM. The scorez were based on sales, customer satisfaction, the dealer’s worketr capital and profitability. A smallefr dealer network will allow GM to reduce its direct dealeesupport programs, which currently cost the company $2.1 The company estimates savings potentialp of $928,000 per rooftop completely phased out from GM’z network through wind-down, attrition or brand sale or phase-out.
In addition, the reductionzs could result in anestimated $415 million in structurak cost-savings potential for GM, according to documentsa released by the subcommittee. The stated with the most GM dealership s set to lose their agreementsis Pennsylvania, with 90. GM’es car lines include Chevrolet, Pontiac, Buick, GMC, Saab, Saturn and Hummer. It has some 6,00 0 dealerships nationwide. dropped 789 dealerships at the start of Juneincludint Dayton-based Salem Chrysler-Jeep, Eaton-based Dale Carter Motorxs and Cincy Autos Inc., doing business as University Chrysler-Jeep-Dodgse in Oxford. A total of 47 Chrysler dealerships in Ohio were namerd inbankruptcy filings.

Jewish museum is emerging on time and on budget - Philadelphia Business Journal:

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With its structural boness intact, the five-story building sits like a jewel box on eight beame fabricated by a bridge builder weighing astaggering 1,5009 tons each, or 360 pounds per lineap foot. Its walls are rising and the envelopre of the building istakingv shape. Though concrete block is exposed on some the walls are being prepped for terras cotta that will soon coverd the facade and for a glass wall that will begin to rise this fall on the side facingtIndependence Mall. The interior is also takin shape. Steel beams where floatint staircases will eventually carru visitors to each floor are in place and readyfor frosted-glass risersw and treads.
A square is marked off on the ceilingt where a skylight will funnel sunlight down onto each floor and throughn the glass onthe staircases. Locations where the exhibits will be on display havebeen It’s apparent that the design has caterede to the visitor’s experience as well as to the gravityt of the museum itself. Fit out of the interio r will beginthis September.

Class action seeks fees related to Madoff money - South Florida Business Journal:

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The class action lawsuit, filed Friday in U.S. Districtt Court in Miami, alleges that a Mexican Jose Pujals and Rosa JulietaDe Pujals, was chargedd $758 in November by for investing money into a largd Madoff feeder fund, the , which at one point had $7 billionn in it. The fees allegedly were to servicethe $609,547 account with But, after Madoff imploded, the Pujalses discovered this year that their fund was really worth no more than $4.52. The suit asks that $5 milliobn in fees allegedly charge d by Standard Chartered be returneds to members of class that thePujalsed represent.
“Such payments were neither legaolnor equitable, and the parties that receivedc those phantom fees … should be required to return the suit reads. David Rothstein, Jeffregy Kaplan, Scott Dimond and Lorenz of the Miami lawfirm , filed the Standard Chartered’s media office did not immediately respond to a requesy for comment. Madoff is to be sentencedf at the end ofthe month. He pleadee guilty in March to charges in connectiobn with a Ponzi scheme that bilked investors out of billionsof dollars.

Chrysler

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The North Assembly which produces DodgeRam trucks, had been by the end of so Chrysler’s announcement Wednesday provided an exact date. The Fenton North plant is set to resumse production June 29 untilJuly 10, Chryslerr said, and then will remain idled “contingenf upon volumes.” The truck segment has taken a particular hit as auto salee have declined. Dianna Gutierrez, a Chryslert spokeswoman, said workers at the plant will have an opportunithy to transfer to other production sitesd or take part in an incentive program forearly retirement, special early retirement program, and/or an enhanced voluntargy termination program.
She didn’t have exact detail s of the new offee but said it woulrd be similar to previous offers thatincluded lump-su m cash payments, vehicle vouchers and health-care coverage. The Northb Plant employed 1,200 workersw prior to recent buyout offers. About 640 the buyout and earlg retirement offers by a May26 deadline. The North Assembly plant was idled in early but was one of seven plants wherw Chrysler production following the idling of all its plantd when it filed for Chapter 11 bankruptcyApril 30. Aftedr its brief reopening, the planr was then expected to close fora two-week summert break the weeks of July 13 and 20.
Chryslerr emerged from bankruptcy when Italia n carmaker Fiat closed a deal to takeover Chrysler’x assets. Chrysler’s South Plant in Fenton, which assemblese minivans, was idled at the end of Another 115 of its more than 350 workeras had accepted offers fromChrysler

Extra fruit may not ward off daily hunger - Chicago Tribune

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Extra fruit may not ward off daily hunger Chicago Tribune NEW YORK (Reuters Health) - The idea that filling up on fruits and vegetables will cut one's appetite for higher-calorie fare did not pan out in a new study; in fact, adding fruit juice before meals boosted hunger and weight gain for some participants. and more »