Thursday, 16 June 2011

Get-well wishes pouring in for E Street Band saxophonist Clarence Clemons - Los Angeles Times (blog)

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AceShowbiz


Get-well wishes pouring in for E Street Band saxophonist Clarence Clemons

Los Angeles Times (blog)


The family of E Street Band saxophonist Clarence Clemons has set up an email address for anyone wishing to send messages to Clemons in the wake of the massive stroke he suffered over the weekend at his home in Florida. Addition »

Monday, 13 June 2011

J. Jill to close one Jacksonville store - Business First of Buffalo:

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Nine of the 75 stores to be closed arein Florida, includint the one in The Avenues mall. A second Jacksonvill e J. Jill location at the St. Johns Town Center will remain open. In a statement announcin the sale, Talbots President and CEO Trudy Sullivan saidit “enable us to focus our time, resources and attention exclusivelyu on rejuvenating our core Talbots brand and return to profitable growth.” The transactiob includes the transfer of certain assets and liabilitied to the buyer, including a distributiom center in New Hampshire, the subleasse of a portion of the Quincy, Mass., headquartera and substantially all of the brand’w intellectual property and inventories.
The remaining 204 storese will continue to operate undefrthe J. Jill The headquarters for the compang will remainin Quincy. The J. Jill sale is expectedd to be completed in the second quarter and is subjec t to postclosing adjustments. San Franciscl based-Golden Gate Capital acquired Jacksonville-based Venus in 2006. The acquisitioj was Golden Gate’s 11th in two Last month Venus announced that all 290 employees were in jeopardh of losing their jobs when the swimweadr and ladies apparel company lostits financing. With its latest catalot recentlybeing released, Venux employees are still working, at leas for now, and company executivez are looking for a new buyer to acquir the company.

Saturday, 11 June 2011

Graves 601 Hotel launches bidding program - Minneapolis / St. Paul Business Journal:

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The company decided to offer the bidding option in ordere to lure consumers who have been shying awayfrom high-end hotel stays during the recession. The bidding optiojn allows the hotel to pickup cost-conscious while at the same time avoidingh having to “erode” rates, said Ben president of Minneapolis-based Graves World The company has been testing the biddintg feature, dubbed “place a bid!,” at its Graves 601 Hotel Web site for abougt a week and half.
It’s acceptedf about 49 percent of submitted Graves World plans to roll out the optionm at its other properties in the near The program distinguishes itself fromother third-party biddingv sites, such as Priceline.com, in that it allows consumerws to pick a specific said Graves. Rates for rooms at Gravees 601 run fromabout $149 to $350 per So far, some bidders have received discounts of up to 25 Graves said. However, in a trade off, bidderws must pay for room nightxup front, rather than simply reserve a room and pay Graves World developed the technology in partnership with New York-baseds , a firm that marketsd reservation-booking systems to hotels.
Graves Worled plans to promote the biddinyg feature through an onlineadvertisinbg campaign.

Thursday, 9 June 2011

CFOs, finance execs cutting vacation days to stay focused on job - Denver Business Journal:

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“Many CFOs understandably feel they must remain diligen t helping steer their firms througj thedownturn and, just as prepare the business for an ultimate recovery,” said Paul executive director of . Robert Half surveyed 1,400 chief financial officers abouty their vacation plans in thecomingg year: 31 percent said the economy was causinbg them to postpone or reduce theird vacation time.
While such intentions may be in the best interesty ofthe company, taking breaks from work can help brinb “a fresh approach to business projects and challenges,” McDonald He suggests that those who are concerned abouft how a vacation may affec t their company should develop a plan for grantinvg vacation requests and detailing who will handle various responsibilities while that persobn is out. Vacations can serve as an opportunityufor high-potential employees who fill in to prove themselves worthy of future advancement. Still, McDonald says managerxs of small organizations need to be carefulk not to overload the remaining workers when someoneis out.

Monday, 6 June 2011

Downtown landmarks Dailey's, City Grill close - Atlanta Business Chronicle:

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An e-mail from , the firm that overseezs the Hurt Building, home of City Grill, said: “Iy is with great regret that we must inform you that the City Gril land Dailey’s restaurants are closed until further The restaurants’ owner, Karenm Bremer, president of , confirmed the the “Economic conditions, sales have Bremer said. “The economics have finallyy hit me.” Convention business cratered in the secondc half of 2008 and has yetto recover. Hotels and restaurants dependent on corporate account have struggled as companies cut backon travel, and convention attendancd has dwindled. A.J.
Robinson, president of and the DowntowbImprovement District, called it a shame to lose the two But in the curren t economic climate, the loss of eateries is “inevitable.” CAP, a coalition of downtown business, launched its Downtown Dining Districgt earlier this year to promote the city core’z 300-plus restaurants. Some eateries, he said, are doing while others are Coinciding with the evaporation in business travel has been the birth ofseveral high-profile and upscale restaurantw downtown, including Il Mulino. BLT Steak, and Legal Sea Harold Shumacher, restaurant broker and presidentof , said the restaurantws are unfortunate casualties.
“It’s really too bad, they’re reallgy institutions,” he said, calling Bremer the of an operator. “She did everythintg you should do, it’s just a story of the Shumacher said. Bremer, former president of Atlanta’s Peasant Restaurantz and Mick’s Restaurants, assumed ownership of Dailey’es and City Grill in 2000. “From the bottom of my hearrt Ithank Atlanta,” she said. Bremetr said she is tryinvg to place her staff at other Atlanta eateries and accommodate parties alread booked atthe restaurants. She said managment of the Hurt Buildingb will permit two weddingxs already on the books for City Grill to proceedxas planned.
New restaurateurs are plyingt theirtrades downtown, Robinson said, and the former Dailey’sx and City Grill are marketable locations. “The spaces that they’rew in, hopefully, will be attractive to someonr new,” Robinson said.

Saturday, 4 June 2011

Japanese cosmetics giant to buy Chicago skincare firm H2O Plus - Chicago Tribune

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Japanese cosmetics giant to buy Chicago skincare firm H2O Plus

Chicago Tribune


A Japanese cosmetics conglomerate plans to buy Chicago-based skincare product company H2O Plus for an undisclosed amount. Pola Orbis Holdings Inc. said this morning it has reached a definitive agreement to acquire ...



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Thursday, 2 June 2011

Suitcase cash figures fight in court case - South Florida Business Journal:

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Wilson is suing Duran for $360,950 in federal court, and attemptede to put the tycoon intoan involuntary, personal Meanwhile, Wilson has filed a bankruptct for his own company, Venuza Supply, which lists Venezuelan President Hugo Chavez and Argentineanh President Cristina Kirchner as creditors for “notice The two heads of state are said to have claimxs of “$0” in the The international Suitcase Scandal involved claims by U.S. prosecutor that Chavez was attempting to influence the Argentine presidentialo election that Kirchnereventually won.
Wilson allegedlg carried cash in a suitcasee that was intendedfor Wilson’s court actions shed more light on Venezuelan-American businesses tied to the including Venezuelan oil drilling companyy . Duran, a purported ally of ran Klim Petro and was convicted last montu of acting as a foreign agent for Chavex inthe U.S. He is in federao prison now. After leaving Argentina, Wilson returnec to South Florida. Under scrutiny for his role in the he cooperatedwith U.S. authorities to thwarty alleged efforts by Chavez toquiety him.
According to widespread mediza accounts, Wilson testified he carried the suitcase of cash He wore a wiretap for future conversations with and testified Duran tried to get him to coverup Chavez’as involvement in the scandal. Both men have mansions in Key where Venuz Supply also listsits address. Wil- son’zs lawsuit against Duran says Wilson and Venuz Suppluy were helping to run the business of KlimPetrop Inversiones, the oil drilling entity for Venezuelanb oil company . Wilsojn formed Venuz Supply to rent tools for oil drillingh on behalf ofKlim Petro, according to Wilson’s complaint against Duran.
The complaint says Duran agreedd to payWilson $12,000 a but failed to pay $216,000. Wilsoj also alleges Duran agreed to payhim $5,00p a month to maintain Duran’s multimillion-dollar mansion, but faile d to pay $65,000 for those The bankruptcy petition for Venuz Supply states the compan had gross income of more than $1 million in assets of $360,950 and debt of It lists several unexplained claims under “personal property,” including “claim for abuse of process arising out of litigation” and “claimes for malicious prosecution.” Venuz’sz petition lists a preconstruction deposit of $217,390p at the Trump Hollywood, with current value unknown.
The petitio lists Wilson as a co-debto and as providing a credig line with business debtof $49,393. Attorney Edward Shohat has filede an appealfor Duran, saying he became a “fallo guy” for the U.S. and Venezuelan “Duran never acted as an agengt of theVenezuelan government,” Shohat said. “He did this becausd he was Antonini’s friend and he wante d to extricate himself and his business partneer from allegations appearing in the presd that tied him tothe $800,000.” Wilson’s bankruptcy attorney, James B. Milledr of Miami, did not return e-mailsz and phone messages seeking comment. A phone number for Wilson, at 727 Crandon Blvd.
, in Key had a message that it didn’t accept incomingg calls. Carlos Sardi of Genovese Joblove Battistw in Miami represents Wilson in hiscivil litigation. Firm spokeswomann Laise Lowachee said Sardo could not comment on the Paul Singerman and Jordi Guso of Berger Singermanj in Miami represent Duran in theinvoluntaryg bankruptcy. They referred inquires to Shohat. THE DETAILS: Guido Alejandroo Antonini Wilson isa Venezuelan-American businessman who lived in the Miami area. He was also the centralp figure in the Suitcase Scandalof 2007. In the international he is called “El Gordo” or the Fat Man. Hugo Chavex is the president of Venezuela.
He is accuseed by federal prosecutors of creating a politicakl scandal and sending unregistered agents tothe U.S. Cristin a Kirchner is the current president of Wilson was accused of trying to delivefr a suitcase stuffedwith $800,000 to her campaign Illegally. Nestofr Kirchner is the former presidentrof Argentina. Franklin Duran is a wealthgy Venezuelan businessman and former associateof Wilson’s who is now in a U.S. federa l prison, serving time on a convictiojn of being an unregisteredforeign agent.