Lazard names insider Jacobs as CEO and chairman Nov 18, 2009
NEW YORK (AP) Lazard Ltd. is naming Kenneth M. Jacobs as CEO and chairman, choosing a longtime executive at the investment advisory firm to fill vacancies from last month's sudden death of Chairman and CEO Bruce Wasserstein. Jacobs, 51, joined Lazard in 1988 and most recently served as CEO of Lazard's North American business, a position he assumed in 2002. (KGW Northwest NewsChannel 8, OR -- Business)
Analysts: Phoenix growth rate flat since '07 Nov 18, 2009
Housing vacancies had grown so much that building permits became a misleading indicator of actual population ... In order to generate more accurate population estimates and projections, authors of the report recommend focusing on other key indicators: employment; live births; deaths; undocumented immigrants; school enrollment; utility customers; and, most importantly, household size and available housing, or total number of homes, instead of housing vacancies and building permits. (AZCentral)
Dial L for lingerie Nov 18, 2009
Upgrading to high quality space because of vacancies at higher quality malls. The vacancies left by bankrupt retailers has 00004000 enabled strong retailers occupying retail property of lesser quality to upgrade to better digs on terms they would not have been able to get close to just two years ago. (Sydney Morning Herald -- Business)
Dallas economist: Commercial real estate sector will experience decline, but not as deep as in the 1980s Nov 18, 2009
Vacancies in the commercial real estate sector are high, and weak cash flows do suggest that Federal Reserve Chairman Ben Bernanke s warning this week about the commercial real estate market is a valid one, but North Texas won't see a repeat of the late 1980s, a Dallas-Fort Worth area economist said Tuesday. Federal Reserve Chairman Ben Bernanke said in a speech this week that demand for commercial property is down, causing a sharp deterioration in the credit quality of commercial real estate... (Dallas Business Journal, TX)
UMW to cut costs, raise tuition midyear Nov 18, 2009
For now, UMW will save about $1 million by not filling vacancies, including seven professors and eight support staff positions (groundskeepers, accountants, etc. . (Fredericksburg.com, VA)
Australian Wage Growth Slows on Reduced Hours, Easing Rate-Rise Pressure Nov 18, 2009
Advertisements for job vacancies on the Internet and in newspapers fell in October for the first time in three months, an Australia & New Zealand Banking Group Ltd. index showed on Nov. 9. Ads dropped 1. (Bloomberg -- Australia & New Zealand)
Too many vacancies? Nov 17, 2009
The World Link : Too many vacancies. Too many vacancies. (Coos Bay-North Bend The World, OR)
Election for River board up for grabs Nov 17, 2009
Candidates running for two vacancies in the residential property owner category are Rex Good, Tom Lynch and Ken Wikle ... Candidates for two vacancies in the residential tenant (renter) category are Chris Auzston, Dawn Robinson-Warner, and Amber Twitchell ... Both were appointed to vacancies in 2008. (Sebastopol Sonoma West Publishing, CA)
Deal signals price gap closing for industrial sales Nov 17, 2009
The Woodland buildings, in particular, have higher vacancies. But Amir Development already is starting to find tenants, Wolens said. (Sacramento Business Journal, CA)
MY VIEW: Widewaters why them and not us? Nov 17, 2009
It s not just our homes that are dropping in value, mall vacancies are at their highest in over a decade. It s why you are seeing former retail stores turn into office or dance spaces, game arcades or temporary costume outlets. (Hudson Register Star, NY)
online_editor Nov 17, 2009
rgecke wrote on Nov 15, 2009 2:10 PM:" Jefferson City is beautiful in its core, age and vacancies notwithstanding, and only gets ugly once you head to newer areas. Too much quick development sprawl has pulled money away from our prime economic engine, like opening a cookfire too far. In-building for business and residence will let the economy take off again. I really disagree about the quality of local eats and bars, and particularly service. Ive hosted regional meetings here, and attended many... (Jefferson City News Tribune, MO)
Ronald McDonald House salutes Outrigger hotels Nov 16, 2009
"We use the rooms, and we use the rooms a lot," said Chong, who explained that the house might have vacancies one day but overflow the next because of emergency medical situations. "There's nothing more frightening than having a child who is sick," said Dr. Richard Kelley, Outrigger's chairman. (Honolulu Advertiser)
School personnel cuts still possible Nov 15, 2009
If that happens, the district would have to raise ad valorem taxes again and lay off people or not hire new employees when vacancies occur, he said. Arledge said his district, and other agencies across the state, also are dealing with financial issues that aren't related to ad valorem dollars. (The Clarion-Ledger)
State advocate for blind fired (10) Nov 15, 2009
Eveland said he isn t authorized to fill vacancies, or even to recruit to fill vacant positions, and that Kaua i s blind clients will be served by teachers who will travel from O ahu or the Big Island. We ll provide services (to Kaua i) as best we can, said Eveland. (Lihue Garden Island, HA)
Signs of hope Nov 14, 2009
Vacancies at properties owned by the alliance are at a minimum, and Turner said he's fielding inquiries from prospective tenants. "We are holding our own," he said. (Erie Times-News, PA)
Australia's October Employment Unexpectedly Rises 24,500; Currency Gains Nov 12, 2009
chief executive officer of Australias largest retailer, told Bloomberg in an Oct. 20 telephone interview the company has 6,000 job vacancies. Global Contrast. (Bloomberg -- Australia & New Zealand)
Big Island commercial vacancies rise, rents fall Nov 12, 2009
for free extra services. Friday, October 2, 2009. (Pacific Business News, HI)
Rise in UK jobless slowing Nov 12, 2009
And the total of vacancies in the economy continues to shrink. While there is some evidence of the labour market showing signs of life, the jobs being created are part-time, and being taken by women, rather than spread between the sexes. (BBC News -- Business)
Renting Your House Back: A Solution to Foreclosures? Nov 12, 2009
Neighborhoods ostensibly benefit, too, since it's safe and better for property prices when blocks aren't full of foreclosure-related vacancies. And lenders. (Time.com)
Ways to help our veterans Nov 12, 2009
org) vocational rehabilitation program, a public-private partnership, is empowering hundreds of veterans with the services and counseling they need to get good jobs and careers, and matches them with employers who have vacancies. This Veterans Day, as we honor all generations of veterans, please let's take a minute in our very busy lives to think about the opportunities to make every day, a day for veterans. (Montana Standard, MT)
Zell: Predictions of commercial real estate crash 'greatly exaggerated' Nov 12, 2009
By 2011 or 2012 they will likely be able to fill their vacancies, albeit at rates 30% below their peaks, because demand will catch up to supply, he said. Hotels, though, are in a different position, said Mr. Zell, who recently raised $625 million to invest in credit opportunities. (Crain's Chicago Business)
Economics focus: Pay for delay Nov 11, 2009
More generous benefits will mean vacancies are filled less quickly, pushing up unemployment. Active help for those on benefitstraining, counselling and so oncan also be neglected in recession. (The Economist)
County board drops 2 health board members Nov 11, 2009
There are now three vacancies on the seven-member mental health board following the recent resignation of member Mike Neal. The remaining members are Metzger, Eugene Bauer, Betty Coffrin and Mark Donnell. (Mattoon Journal-Gazette, IL)
2010 Will Not Be Like 1994 Nov 11, 2009
SIR the biggest contributor to the GOP sweep in 1994 was the number of retirements or vacancies in Southern seats. WIth the lost of multi-decade incumbents (in many cases), the ideological sorting was completed, with conservative Democrats replaced by even more conservative Republicans. (The American Conservative)
Openings shut Nov 11, 2009
The Conference Board's Help Wanted Online report, released last week, found that sales jobs saw the largest increase in vacancies among the 10 largest occupations, with a jump of about 11 percent. But overall, total jobs posted fell by 83,200 last month to nearly 3. (MSNBC -- Business)
why toddlers help Nov 10, 2009
Psychology vacancies. Reach 50,000 psychologists. (Harper's Magazine)
Feds tell inspectors to back off on current loans Nov 10, 2009
In the Sacramento area, where commercial, office and retail vacancies are increasing, the policy shift could have far-reaching implications for banks and their customers. The recession has caused collateral underlying many loans to fall enough in value that it no longer covers the loan. (Sacramento Business Journal, CA)
State House Weekly Roundup: Elections result, Oct. 31-Nov. 6 Nov 10, 2009
Vallee was eyed as a strong contender for the seat, which is expected to be filled through the preference of House Speaker Robert DeLeo, because the Legislature chooses who fills vacancies. The Franklin Democrat worked in the Norfolk County district attorney s office and serves in the U.S. Army Reserves. (Malden Observer, MA)
Dirt's moving in Las Cruces Nov 10, 2009
Office vacancies have spiked in the last year, but our medical office sector has been vibrant. City branches out. (New Mexico Business Weekly, NM)
Senate Approves Pair of Judicial Nominees Nov 10, 2009
lambasted Democrats for holding up President George W. Bush s lower-court picks and leaving vacancies. I certainly don t think that we need to have outrage from the other side about vacancies on this court since they are a direct product of the efforts of my colleagues to be those vacancies open, Sessions said. (Roll Call)
Australian Job Advertisements in October Fall First Time in Three Months Nov 9, 2009
Nov. 9 (Bloomberg) -- Australian advertisements for job vacancies fell in October for the first time in three months, a sign a boost to the nations economy from government spending may be waning ... National vacancies advertised in newspapers and on the Internet averaged 133,709 a week last month, todays report showed. (Bloomberg -- Australia & New Zealand)
Law firms shop for rent deals Nov 9, 2009
For firms looking to move before their leases expire, landlords are eager to offer free rent and other concessions for early occupancy because of rising vacancies and the glut of new construction, lawyers and tenant representatives say. Roger Quillen, chairman and managing partner of Fisher ips headquartered in Atlanta with 21 locations nationwide said the Atlanta office is in the market for the equivalent of two office floors of space, or about 50,000 square feet. (Atlanta Journal-Constitution -- Business)
Anglo appoints RBS chairman Hampton to board Nov 9, 2009
Anglo, the world's fourth biggest diversified mining group by market value, had previously said that there would be two other vacancies since board members Sir Rob Margetts and Dr Chris Fay will retire from the board next April. Hampton was appointed chairman of RBS in February 2009 and on October 31 stepped down as chairman of J Sainsbury PLC, a position he had held since 2004. (Business Report, South Africa)
New Zealand, Australian Dollars Climb on Milk Payout, Home Loans Reports Nov 9, 2009
Advertisements for job vacancies in the nation fell in October for the first time in three months. Jobs advertised in newspapers and on the Internet dropped 1. (Bloomberg -- Australia & New Zealand)
> Creekside Landing in Fremont is placed on hold after losing partner Nov 9, 2009
But Pacific Commons, an 839,000-square-foot retail power center a few miles north of the Creekside Landing property along I-880, has vacancies at former Circuit City and Linens n Things stores about the size of an average Nordstrom Rack. The retailer has opened two Nordstrom Rack locations in Silicon Valley this year, at Ravenswood 101 shopping center in East Palo Alto and Westfield Oakridge Mall in San Jose. (San Jose Business Journal, CA)
NCP, Congress finally stake claim Nov 7, 2009
The Congress, on the other hand, may accommodate only 15-20 ministers from its quota and fill up the other vacancies in a cabinet expansion later, sources said. From the Congress party, only the senior leaders including as Patangrao Kadam, Narayan Rane, and Harshavardhan Patil are likely to be sworn in. (India Times)
Soldiers, health system under strain Nov 7, 2009
The vacancies occur as the Army in particular struggles with a soaring suicide rate. In 2009 so far, 117 active-duty Army soldiers were reported to have committed suicide, with 81 of those cases confirmed -- up from 103 suicides a year earlier. (MSNBC -- Terrorism)
Davis Voters' Top Choice in Southbury Election Nov 7, 2009
There were five candidates for three vacancies on the Region 15 Board of Education, and the minority party took the hit ... Candidates for the remaining board and commissions matched the number of vacancies, with Republicans out-polling Democrats. (Voices, CT)
My View: Fund gap cripples state's universities Nov 7, 2009
This year, the university has virtually stopped recruiting young scholars to fill research and teaching vacancies, directly threatening its ability to stay at the forefront of research and knowledge. In recent years the University of California has been asked to step up to the challenge of helping to inspire and prepare California's K-12 students, especially those in low-performing schools, to pursue a college dream. (Sacramento Bee -- Opinion)
Downtown landlords dig in for long recovery Nov 7, 2009
Goldman said vacancies sometimes occur because businesses become obsolete or marginalized ... "Palo Alto is in the same league as Burlingame Avenue, Fourth Avenue in San Mateo, Union Street or Chestnut Street in San Francisco. They all have more vacancies than they ever have before." ... minimizing vacancies. (Palo Alto Online, CA)
Gloomy times for commercial real estate Nov 6, 2009
Values will plunge, vacancies will rise and rents will decrease across all types of commercial property before the market hits bottom in 2010, according to the "Emerging Trends in Real Estate" forecast from the Urban Land Institute and PricewaterhouseCoopers LLP.. Based on interviews with 900 industry leaders, including investors, developers and financiers, the report was released at an Urban Land Institute conference for developers, planners and other real estate professionals taking place this... (San Francisco Chronicle -- Business)
United States Claims #1 Spot For First Time as World's Top Country Brand Nov 6, 2009
- Canada Holds on to Second Spot and Australia Slips to Number Three - - Global Study Expanded to Cover Regional Rankings Including Asia Pacific, Sub-Sahara Africa and the Americas. This category remains one with tremendous potential not only for tourism but investment, trade and policy. (Canada Newswire)
Calloway Real Estate Investment Trust Releases Third Quarter Results Nov 6, 2009
"Strong centres deliver strong results," said Mr. Simon Nyilassy, President and CEO. "So far this year, we have filled 250,000 square feet of previously vacant space representing over 75% of the vacancies arising this year as a result of the economic downturn. In addition, we have opened 200,000 square feet of new stores with tenants such as Winners, Lowes, Golf Town and Dollarama. With one quarter of the year still remaining, we have already brought our occupancy levels close to the 99% plus... (CCNMatthews Press Releases)
University expects fewer resignations Nov 6, 2009
Although several high profile University officials are set to leave GW at the end of the academic year, a University financial officer said other GW employees are reluctant to leave their positions in the sluggish economy, and the University will not save any funds this year due to vacancies. Executive Vice President and Treasurer Lou Katz said the University traditionally plans for $5 million in salary savings each year, and usually saves between $3 million and $7 million annually when... (GW Hatchet, Washington DC)
Denver vacancy rates decline Nov 5, 2009
Despite the second-to-third-quarter decrease in apartment vacancies, average metrowide rent went up only about $10 per square foot for the same time span ... For the last several quarters, apartment vacancies had been increasing, and the prevailing wisdom was that they were going to increase more, said Gordon Von Stroh, University of Denver business professor and researcher/author of the housing division report ... Apartment experts believe vacancies will go back up in the fourth quarter,... (Denver Business Journal, CO)
Increase of new businesses seen in West Hartford Nov 5, 2009
Although the vacancy rate in West Hartford Center is low - Rowlson estimated it at about 6 percent, which he said was "extremely good given the conditions" - it was once unusual to see vacancies there at all. "It's been a volatile period, obviously, with businesses coming and going," said Van Winkle, an economist by training. (West Hartford News, CT)
Inspection, assurances after Red Line warning Nov 5, 2009
Patrick and Mullan promised to step up efforts to find permanent professional leadership for the MBTA, which has several vacancies at the top of its operations management. The House and Senate cochairmen of the Transportation Committee said they would like further review of D Alessandro s findings. (Boston Globe)
It's Klein, Price, Holman, Shepherd and Scharff Nov 5, 2009
Taking one spot out for shoe-in Larry Klein, women won 80% of the available council vacancies. Posted by Marvin, a resident of the Charleston Gardens neighborhood, 17 hours ago. (Palo Alto Online, CA)
Climate Change And Copenhagen Nov 4, 2009
Renters Wanted Why property owners have more vacancies despite the housing market turmoil. Raising Red Flags On Madoff Erin Arvedlund's 2001 article raised questions about Madoff's business. (Forbes -- Business)
Future is bright for the area's downtown business districts Nov 4, 2009
Unlike shopping centers developed for national retail chains, which are now experiencing vacancies, downtowns serve different functions that allow one sector to rise even as another declines. Many downtowns have recession-proof draws, Chuck Law, community planning and design specialist with UW-Extension, said. (Watertown Daily Times, WI)
County Charter amendments move forward Nov 4, 2009
A related proposal that would change the policy for filling council vacancies to bring it into alignment with the procedure for replacing a mayor any vacancy in the first half of a four-year term would require a special election at the next election, while a vacancy after that point would be filled by the council until the term is up was considered. In the end, commission members decided that it would be confusing for voters to roll the issue into the ballot question for the term change and... (Lihue Garden Island, HA)
Open restaurant spaces find new life Nov 4, 2009
A silver lining, though, is that some covetedspaces are opening up and rental rates are coming down as competitors close and landlords look to fill vacancies. The good news is a business may find a good price for rent, but the downside is it might have trouble filling tables. (Atlanta Journal-Constitution -- Business)
Modest gains for Bush at Summit of Americas / Sweeping promises, sharp divisions as 34-nation meeting ends Nov 4, 2009
Article:Modest gains for Bush at Summit of Americas / Sweeping :/c/a/2004/01/14/MNGS649LV91. DTL Article:Modest gains for Bush at Summit of Americas / Sweeping :/c/a/2004/01/14/MNGS649LV91. (Yahoo News -- Summit of the Americas)
Newbury St. home to latest British invasion Nov 4, 2009
In one four-block stretch, there are now at least 16 vacancies. Another gaping hole is expected on what is considered Boston s most coveted retail address next spring when Louis Boston leaves its space at the corner of Newbury and Berkeley streets. (Boston Globe)
Malad election results Nov 4, 2009
MALAD -- Joan Williams and Larry Thomas, both running to fill two vacancies on Malad City Council, effectively running unopposed, were each elected to a four-year term Tuesday. City Council. (Pocatello Idaho State Journal, ID)
West Hawk Announces Appointment of Director Nov 4, 2009
The Company is continuing to actively search for suitable candidates to fill the remaining vacancies on the board. Gonzalo Torres Macchiavello, President and Chief Executive Officer. (CCNMatthews Press Releases)
New Zealand's Third-Quarter Wages Rise 0.4% Amid Recovery From Recession Nov 3, 2009
As the economy recovers, filling vacancies isnt as easy as it was three months earlier. A net 25 percent of companies said it was easier to find skilled workers in the third quarter, down from 42 percent in the second quarter, according to a survey by the New Zealand Institute of Economic Research Inc. Forty eight percent said it was easier to find unskilled employees. (Bloomberg -- Australia & New Zealand)
China voices concern over India's visa policy Nov 3, 2009
Pan Xiaoyong, a technician with Huawei Technologies, a major Chinese telecommunications equipment supplier based in Shenzhen, said the firm was currently staging an urgent hunt for technicians holding India business visas to fill up the vacancies created by the new visa policy. Chinese businesses in South Asia generated $18 billion in 2008, mostly in India, according to Chinese experts. (India Times)
Congressional panel tackles bank woes Nov 3, 2009
Now vacancies in small and large retail centers and office buildings are beginning to threaten banks, too. Small Georgia banks provide the capital for home builders and small businesses to put the economy back to work, but they cannot deploy capital because of a tightened regulatory environment and a lack of access to a facility like the Troubled Asset Relief Program, that put capital in the hands of the nation s biggest banks, Brannen said. (Atlanta Business Chronicle, GA)
Key Eskom jobs empty Nov 3, 2009
Schmidt said in a statement the report showed in clinical detail how Eskom's management had comprehensively failed to address "critical vacancies" in two critical areas senior management posts, and short and long term coal procurement positions. This report supplemented the conclusions drawn by an internal Eskom memo, released by the DA in September, and authored by Susan Olsen, a leading international expert who had been recruited by Eskom, he said. (iAfrica.com)
CUPE BC: Paramedics Legislation a Shameful First Nov 3, 2009
"Doney says they want to fill vacancies but can't train new employees during the strike. The reality is that paramedics are leaving the service in droves because they pay for their own training, they pay for their own travel to and from the job and they cannot afford to remain paramedics," Strohmaier explained. Contact. (CCNMatthews Press Releases)
Pakistan: Taliban Defeated by Mid-December Nov 2, 2009
KUALA LUMPUR, Malaysia, Nov. 1, 2009. Foreign Minister Says Militants in Afghan Border Region Are in "Disarray," Predicts Victory Before Winter Sets In. (CBS News -- World)
Bank regulators seek real estate workouts Nov 2, 2009
Bankers are now grappling with scenarios where borrowers are upside down in terms of loan to property value because of the dropoff in real estate valuations and diminished cash flow from vacancies or rent concessions. The 33-page regulatory policy statement said examiners will take a balanced approach when assessing a bank s loan workouts. (Denver Business Journal, CO)
LMA asks Supreme Court to review horse slaugher ruling (11) Nov 1, 2009
Janine Starykowicz wrote on Feb 22, 2008 4:55 PM:" On their home page LMA states: As theyve done following other recall incidents, federal meat inspectors say they are so short-staffed that they fear sick and downed cows are getting into the human food supply. A USDA spokeswoman admitted the agency has been struggling to fill vacancies but denied the food supply is at risk. So why does the LMA want to spread their duties further by including horse slaughterhouses? ". Comment on this story. (Great Falls Prairie Star, MT)
Land attitude may have shifted Nov 1, 2009
Six vacancies will open on the same committee when terms expire next fall. Commissioners "thumbed their noses at the people they represent," wrote Tom Kozusko, a committee applicant who holds a master's degree in biology and scored highly. (Florida Today)
