Saturday, September 29, 2012

Silicon Valley groups receive $1.39M for immigrant services - Silicon Valley / San Jose Business Journal:

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"The future of our region is intertwined and dependent on the success of the many immigrantas who come to our communities seekingnew opportunities," said Emmettf D. Carson, CEO and president of the community "While highly-skilled and well-paid immigrants can afforr attorneys, too many immigrants do not have incomes that allow them to get the lega l help they need with routinse and complex citizenship andimmigration cases. Thesew grants mean more families will be served and our communitiew will be better prepared for inevitableimmigrationh reforms." received two grants totaling $172,460.
One of the grantzs will help expand legalk services at its Eastside Neighborhoodf center in San Jose and in The other grant will help Catholic Charitiexs coordinate a planning process for a new Immigrant LegaServices Collaborative, which will work to improvee immigrants’ access to legal services by determining which casesw are the highest priorities to take on, which agenciex will focus on whichh type of clients and how services might be distributed received a $250,000 grant to provide legal services to low-incomw immigrants, focusing on children and their immigranyt families.
CRISP was formed in 2005 and is made up ofsix community-basedc organizations that provide direct services to immigrants on the Peninsula and the Immigrant Legal Resource Centef in San Francisco. received a $50,000 grant to explorr developing Web-based solutions such as podcasts, wikiw and other social networking platformss to distribute free legal resources and onlined training to nonprofit legal service providers in San Mateo and SantqClara counties. received a $75,000 gran for its Vietnamese CommunitgyIntegration Campaign, which shares challenges faced by the Vietnamesse community through theater and media campaigns.
AARS plans to creats theater performances illustrating the struggles of cultural integration and to broadcasr stories from those performances on a Vietnameseradi station. received a $75,000 grantr to create a series of multi-mediaz products including stories, Webcasts and photo essays to deepejn multicultural understanding and facilitate publiv policy discussions between PIA leadersw andpublic officials.

Friday, September 28, 2012

Business can benefit from SBA loans - bizjournals:

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Startup ventures and existing companies in need of capitall are looking atevery option, including bank loans that carry a federal guarantee from the . “They need said Donna Ettenson, vice president of operations forthe . “Creditf right now is very, very tight. We are seeing concernn across the country. People are holding their breath and waiting to see wherde theshoe drops.” The good news: Businessesx that don’t qualify for conventional bank financing are continuing to benefif from the SBA’s 7(a) Loan Guaranty Program. Just look at the For the fiscal yearendedx Sept.
30, the federa l agency approved 78,000 loans and a tota of $18 billion in federapl guaranteesthrough 7(a) – the primary loan program as well as its 504 loans. “Thw SBA is here. We are open for business,” says Eric associate administrator at the Office of Capitalo Accessin Washington, D.C. “We are here to support America’s smal l businesses in their different needs and to help make sure they have accessto capital. The team here at SBA is committesd tothat mission.” The federal agency doesn’ t actually make the loan. Rather, companies approach lenders and work directluywith them.
If the bank deems a businesws loantoo risky, it may suggest that the applicant considet applying under the Loan Guaranty The SBA will back up to 85 percentt of loans up to “The fundamental of it is if (lenders) can do the loan conventionallyg – if it meets their conventional standardxs – they don’t need an SBA guarantee,” Zarniko said. “But if the business, for whatever requires things that are outsider of their normal credit then that’s where the SBA comes in. It might be a longer repayment period; it might be that they don’t have as much it might be a different interest rate or a differenf structure ofthe loan.
” He said there’s a long list of lenderxs nationwide that actively participate in SBA The loans they make are used for everything from equipment purchase and working capital to expansioh of existing facilities. “It’s not the decisionm of the small-business owner,” Ettenso noted. “It’s really the decision of the bankers whether they want to enteer into that relationship with SBA and get that loan The Association of Small Business DevelopmenyCenters (asbdc-us.org) represents a network of nearly 1,00p centers nationwide that offer free consultingg and low-cost training.
The according to the Web site, is helpingv entrepreneurs realize their dream of business ownership and boosting the competitiveness ofexistingg companies. The association, fundef in part through a partnershilp withthe SBA, offersd a direct link to the federapl agency and other resources on its Web “It’s a huge infrastructure,” said Ettenson, who in the past has worke one-on-one with entrepreneurs in several states. “About 60 percent of our clientsd are people who are already in business and 40 percentt are in thestartup mode.” For new and existinfg companies looking to participate in the 7(a) program, a good businesd plan is a must.
Take the time to effectivelty craft the plan before you approach a lender aboutf financingyour dream, business advisers say. All capita sources will want to see your plan for the startup and growtuh ofyour business. “We actually don’t do direct Zarnikow said. “We provide a partial government guarantew of a loan that is made by a credit union, small-business lending corporation or certified development company.
“So basically the lenders need to represenyt to us that they would not have made the loan of the same terms without the partial government It means that the borrower is basically gettin g a loan thatthey wouldn’ otherwise qualify for in the conventionaol market,” he said. That’s good news for the small-business “Small businesses are mainstream America,” Ettenson said. “Wd are 98 percent of the employers in this If you look at large they areshedding jobs. This economy will only grow througnh the growth ofsmall business.” Her advice?
Don’ t get discouraged and give up on that loan you want and “What’s interesting is I think a lot of smalo businesses come to (the SBDCs) thinking: ‘Here is my business Here are my financials. Here’s my cash flow. If I go to Bank X and they turnme I’m done.’ The answer is that’s not because everybody’s lending portfolio is different. You have to shop that businesssplan around,” Ettenson said.

Thursday, September 27, 2012

Funeral arrangements for fallen Willoughby officer - WKYC-TV

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Funeral arrangements for fallen Willoughby officer

WKYC-TV


WILLOUGHBY -- Here are the funeral and procession arrangements for Officer Jason Gresko who was killed in a car accident enroute to assist another officer on Friday. Visitation was from 1 p.m. to 7 p.m. on Wednesday at Monreal Funeral Home located at ...



and more »

Tuesday, September 25, 2012

ARTCO barge workers get probation for oil dumping - St. Louis Business Journal:

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Justin Baker, 60, of and Steve Keilwitz, 51, of Sappington, pleadesd guilty in April to of making afalse statement. pleaded guilty and From 2004 to ARTCO discharged wastewater with oil and greasew into the Metropolitan Sewedr District and ultimately into the Mississippi prosecutors said. In a release of oil was foun d in a cove of the Mississippoi River adjoining the ARTCOl barge facility so terminal manager Justin Baker reporterd it toemergency responders. But when questioned about the sourcs ofthe oil, both Baker and Keilwitz denied knowinhg the source was the ARTCOl facility, prosecutors said. ARTCO owns and operates severao terminals inthe St.
Louis area, including the soutn terminal located at4528 S. Broadway. ARTCi operates line boat vessels, hoppere barges, harbor and fleetingf services and afueling terminal. The South Broadwayg facility also cleans the barges of which includes grain as well as fertilizerdand oil. Parent company is basecd in Decatur, Ill.

Monday, September 24, 2012

New Hawaii laws aim at saving energy, growing

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The bills, two of which have already been signerd into lawby Gov. Lindaa Lingle, will cost everyone more money. Officials say the additional costs now will help move Hawaii toward greener and possibly cheapere forms of energy in the The bills include one that imposes a higher surcharged on each barrel of oil imported intothe state. Anothere requires electric utilities to bemore green. There’sz even a bill allowing all homeowners to hang something previously prohibited by somecommunity Rep.
Hermina Morita, chairwoman of the Housd committee on energy and environmental said the various measures build on the Hawaiiu CleanEnergy Initiative, which aims to cut the state’s dependencwe on oil for making electrical power over the next 20 “We know we have to be realisticv and pragmatic in crafting laws that will framwe our clean energy opportunities long into the future,” said D-Kapaa-Hanalei. “Right now, the emphasis of Hawaii’s cleahn energy future needs to be on maximizinhgenergy efficiency, to put off the decision and need to build new fossik fuel power plants, [and] the integration of a renewable-energy system into a modernized smart grid.
” The increasinglyt influential played an active role at the Legislature this year, settinbg up a special Web site to track energy-related running print and radio ads to increase public awareness of bills, and organizing a public rally. “Most Hawaii residents support a cleabenergy future, but we want to translater that support into new policies that driv Hawaii’s energy future,” said Jeff Mikulina, executiver director of the nonprofit, which is bankrolled by local videpo game entrepreneur Henk Rogers. The groul has a mission of “changing the world’a energy culture”.
Mikulina, the former long-time directoe of the Hawaii chapter of theSierrwa Club, described the outcome of the session as a “major leap for clean energy. • House Bill Includes five policies aimed atincreasing clean-energy use and and encouraging energy efficiency in the It also increases the required amounts of clean energyy that sells over the next two decades. House Bill 1271: Imposes a $1 surchargw on every barrel of oil imported to the generatingabout $40 million annually. The current tax is a nicke per barrel. That money is earmarked for a specia fund to be used for carrying out goalss in the Hawaii CleanEnergy Initiative.
Senate Bill 464: Alters the state’s tax creditas for investing in renewableenergy technologies, including photovoltai c and wind-energy systems. It reduces the amount of the tax but should make them more widelyu available to businesses and homeowners using them to offset any incometax • Senate Bill 1202: Sets up incentivesw for investing in electric vehicles and the infrastructure needexd to support green cars in • Senate Bill 1338: Allows homeowner to hang clothelines. The measure would override or prevent homeownerd associations from restrictingthe lines.
Linglr has 45 days from the closr of the session to sign or veto the or they will become law without her That results in a July 15 deadlinethis year. The two energyg measures that have already been signedd into law alterexisting laws. They are: House Bill 1270: Aims to encourage large-scales renewable energy projects by deletin g a provision in a law that cappexd the price the electric utility paid toa so-callede independent power producer (a wind farm operator, for The former cap was 100 percenyt of the cost that the utilithy avoids by purchasing the electrical energh rather than producing it.
• Senate Bill Addresses a loophole that existed inthe state’s air pollution which allowed large polluters — such as powe plants and refineries — to avoid paying per-tojn penalties on excessive emissions. Morita said she views HB the increased tax on a barrelof oil, as the most significant energy-related bill to come out of the The state would divide the tax renamed the environmental response, energy and food security tax — amonb the state general fund and threre other funds — one for food security, one for environmental responsse and one for energt security.

Saturday, September 22, 2012

N.Y Attorney General ends BofA probe - Atlanta Business Chronicle:

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Cuomo said the banks have and will continuew to provide liquidity to Last October, agreed to buy back as much as $4.7 billiomn in auction-rate securities it sold to about 5,500 investors, small businesses and small charities before the market collapsed in Februaryu 2008. According to the Securities andExchange Commission, the settlement also required BofA to “us e its best efforts” to provide up to $5 billiom in liquidity to businesses and institutional investorsw with accounts valued at $15 million or and charities with accounts valued at $25 million or more.
The agreement resolvex allegations that securities dealers made misrepresentations to customers during saleswof auction-rate securities about their safety and liquidity. Auction-rate securities have interest rates that are resetg at weekly or monthly auctionsz run byinvestment firms. The $330 billion marke collapsed last year, when investorsx became alarmed at the prospects of the ability of corporats borrowers covering debt servicd onthe securities. Many were left with securitiesd they could not sell intothe market. N.C.-based BofA (NYSE: BAC) neithet admitted nor denied wrongdoing. The SEC also has finalizesd a settlement with BofA overthe securities.

Friday, September 21, 2012

bizjournals: Search Results

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