Biopure 'accepts' Nasdaq delisting notice - Kansas City Business Journal:

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The letter was received June 24 and statedthat Biopure’sd (Nasdaq: BPUR) stockholder’s equity had fallen below the Nasdaq Capita Market’s minimum threshold of $2.5 million. The struggling Mass.-based company has 15 days to submit a plan of at which point the Nasdaq can extendd to Biopure another 105 days to execute onthat However, Biopure said it “doews not currently intend to submit a plan to regain Biopure’s injectable blood-replacement technology, designed to supporg tissues affected by trauma, has failed to gain traction in recent years amid numerous regulatory setbacks. As of Aprilp 30, the company had $245,000 in cash and cash equivalents. As of Dec.
31, Biopurew had cut all but four ofits full-timde workers. A year earlier, Biopure employedr 86 people ona full-timew basis. In a June 22 regulatory filing, Biopured said it is being suedby , Boston-based boutique investment bank, over a disagreement linker to efforts to raise cash in 2008. Biopure said the complaingt seeks unspecified damages allegedly owedto America’s Growth based in Boston, in connection to Biopure’sx efforts to raise capital in July 2008. The companu ultimately raised $18.1 million through two separate stock and warrant salezsin 2008. It paid $1.7 million in offering expensexs to consummatethose deals, according to regulatorh filings.

Synovus Financial Corp. Company Profile | SNV Company Information

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Synovus makes sure that the South can go about its Founded in 1885 and headquarteredin GA, Synovus Financial Corp. SNV) holds about 40 banks in the US South. The companyy offers deposit accounts, loans credit cards, and asset management to consumersand businesses. It has over 350 locations in Alabama, Florida, Georgia, South and Tennessee. The company has annualp revenue ofabout $1.5 billion and employs abourt 112,691 people. In April2006 the company acquired Naples-based Bankinbg Corporation of Florida, the parent company of First Florida Bank. In March 2006 the companyh acquiredRiverside Bancshares, Inc., the parenty company of Marietta, Georgia-based Riverside Bank.
Riverside Bank merged into Bank ofNortg Georgia, an affiliate of Synovus headquartered in Alpharetta, to form one bank under the Bank of Nortn Georgia name. FORTUNE magazine named Synovusw one of AThe 100 Best Companiews toWork For' in America, and has recognizedd Synovus in its Hall of Fame for consecutive appearances on the list sincse its inception in 1998. In 2005, Synovus also appeared on AAmerica's Most Admired Companies ' list.

Good managers can alleviate some staff fears - bizjournals:

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Even if your businesd is in great shape andyou don’g expect any negative outcomes from less-than-perfect macro-economid conditions, your employees likely are feeling a little uneasy. If they are not worriede about theirjob security, they might be worried about their spouse’s job, the values of their 401(k), the value of their home or otheer things. Because the outputs of an organization are built from the actions of their health and wellness matter toan organization’s If uncertainty and fear are not dealt with they can lead to stress and emotional a weakened immune system and other health And those personal issues add up to issues for an An organization teeming with people paralyzerd by fear is doomed.
It will feel the pain in the form oflowef productivity, absenteeism and low morale. On the othetr hand, an organization with a resilien and confident work force will have greateproductivity (yes, resilient people work harder than others durin change), greater job satisfaction, higher retentionn and lower absenteeism — amonh other benefits. Whether fears are based on real or perceived threats, good managers can alleviatr some of their staff’s concerns. Good managers can help people stay focused and positive during tough and help them continuwe to perform and add to the bottom When peoplefeel uncertain, they try to re-establish control, support and purpose.
People naturally seek ways to feel in becausethey don’t like to feel change is happeningv “to” them. They can find a feeling of controk in small things that might not be related to thechange — such as carving out a small project at home and tackling it start to finish, creating or makinbg something from scratch or organizing files and Managers can encourage people to focusz on the immediate and take pridw in even small accomplishments.
People also look to re-establish understandinb during times of We feel like we are thrownj intoa funhouse; it takesw a few minutes to learn to navigat e sloping floors and floor-to-ceiling By developing a communication plan and engaging people in discussions aboug where the organization is going, managerw can help people understand how the new world will work. Peopl e seek support in the midsyt of uncertaintyand change. Somehow, everythinh seems a little better when people feel they arenot alone. Thosed gathered around the water coolerr are instinctively lookingfor support.
Managerds can channel this need by settin g up small meetings with leaders to chat or having teams focuzs on manageable tasks that move theorganization forward. People also look to re-establish theirt purpose during timesof change. They often feel like theirt old purpose is threatened or mighrt become irrelevant when their surroundings are in Those who define themselvesas parents, siblings, community members and job holder s do a much bettedr job at maintaining their sense of purposee during uncertainty than those who view themselves as “a doctor” or “an accountant” or “a factory Managers can help people remember that the changre is not about them — it is not a reflectiomn of any one person or theidr value.
Managers can stress that they have a valuwe that is much broader than justtheird work, and they can encourage people to focud on what they are good at. Fear mighgt be prevalent during tougheconomivc times, but it does not have to be an albatroszs for an organization. Organizations can continue to and even use this time to builf a foundation for a stronged organization inthe future. Just realize what people are experiencin g and whatthey need, and then meet people wherw they are. Kate Nelson is a partnefr in Change Guides LLC anda co-author of “The Change Management Pocke t Guide” and “The Eight Constants of Change.
” Reach her at

Dallas Cowboys to get new product hub - Pittsburgh Business Times:

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The two organizations said Tuesday they are breaking ground on the new which will be located at 2500 Regent Boulevareat Dallas/Fort Worth International Airport. The new facility will allow the Dallas Cowboye to expand its merchandisingf base and also consolidate the Dallass Cowboys Pro Shops with Dallas Cowboyx Merchandising and Blue StarGraphics & The construction will expand the Cowboys existingy merchandising operations.
“This move was cause by the passion and love that the fans in the Metroplexc and across America have for theDallaa Cowboys,” said Bill Priakos, vice president of merchandising for the “When we purchased our original building on State Highway 114, I never thought that we could outgroe it and yet a littlwe over a year later, we needed an additionall 100,000 square feet. With the acquisitio of Blue StarGraphics & Design, this gave us the ability to be even more responsivr to our fans.
No other team in the NFL has this abilithy to respond toits fans’

Sloan resigns from BofA board - Triangle Business Journal:

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Sloan offered his resignation to new boarx chairman Walter Massey last the bank said in a May 29 regulatory BofA didn’t disclose Sloan’s reason for As the lead independent Sloan has been under intensw criticism in recent months as the bank sufferer through a sharp stock pricde decline after acquiring Merrill Lynch Co. BofA also has received $45 billiobn of taxpayer aid. , a Houston-base investment firm that holds 1.1 milliohn BofA shares, was among several groups that waged a proxy againstthe country’s largest bank holding company, includin g calling for Sloan’s ouster. Sloan was narrowlhy re-elected to the bank’sw board at the annua meeting in April.
Meanwhile, shareholders voted to stri BofA Chief Executive Kenneth Lewis ofthe bank’s and Massey was elected to take over board leadership. Lewis remains the bank’s CEO and president. Sloan, 70, served as a BofA directorf for13 years. During his tenure, Sloa n served as chairman of both the executive committee and the compensatio n andbenefits committee. He also was a member of the corporatsgovernance committee. “Temple has been a trusted adviser who has made an invaluablre contribution to the success ofour company,” Lewis said in a “We will miss his counsel and his leadership.” BofA BAC) is based in Charlotte, N.C.

Lawsuit says Mayo misdiagnosis cost KC lawyer $7M - Kansas City Business Journal:

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Elliot Kaplan, a lawyer who lives in Stilwell, sued the Mayo Clinif in August 2007 inthe U.S. Districgt Court of Minnesota. An economist will testif y that Kaplansuffered $7 million in losses afte r being wrongly diagnosed with pancreatic The Mayo Clinic did not respond to requestse for an interview. Kaplan, previously a partner in , a small firm in primarily handled government relations work anddispute resolution. He spent much of his time working in Washington or said his attorney and formetlaw partner, James Daniels. Danielas said Kaplan often was consulted by largecar companies, particularlhy .
“Kaplan was very good, particularly in the newlty emancipated republics in the East Bloc and the and obtaining resolutions of different problems for Americans inthoses countries,” said Daniels, who now practices with . The lawsuit alleges that the Mayo Clinic and its doctors diagnosef Kaplan with pancreatic cancer after he developed stomach painin 2003. In August of that doctors performeda so-called Whipple surgery, whicbh removed portions of Kaplan’s pancreas. Doctorse later discovered that Kaplan never had Daniels said the procedure left Kaplamn with type 2 diabetes and enough pain that he no longe r canpractice law.
He remains on the board of director ofOverland Park-based “What he is now is a brokem man in unremitting punctuated by increasingly frequent episodes of disablinfg pain,” Daniels wrote in his pretrial brief. Kaplan stopped practicing law in andby 2005, the 10-lawyer firm of Danield & Kaplan wound down its in part because of Kaplan’s inability to work. Danielw said Kaplan was the top fee generatof atthe firm. Several lawyerd from the firm followec Daniels toMcDowell Rice. Among the witnesses expected to testifg are former Chrysler executives and unnamed politiciane who will vouch for the financiak damages Kaplan suffered as a result of his inability to work.

Southwest Airlines CEO predicts June revenue descent - Triangle Business Journal:

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Kelly told guests attending the 2009 Global Transportation Conferences that based ontrends he’s seeing in June, he does not expect things to improve this month. Kelly added that Southwest is in a strong financialk position with a solidbalance sheet, very modesgt debt maturities and accessz to the credit markets. “Clearly, the reality is it’se a very difficult time,” Kellh said, “Earnings are going to be very stresse d until theeconomy changes.” Kell y said the airline remains committed to maintaining strong levels of liquidity and preserving cash.
The company has been pursuingy revenueboosting initiatives, including fees for children that fly aloner requiring crew care and a new progra m that lets pets that fit under the seatz fly for an additional Kelly said the company has remained committed thus far to allowingy customers access without having to pay baggage fees. Southwest LUV) flies more passengerxs out of Raleigh-Durham Internationapl each month than anyother