Sunday, January 15, 2012

Whole Foods settles case with FTC - Puget Sound Business Journal (Seattle):

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The trustee will have six months to market the assetw to be sold and anothef six months beyond that for any good faith offers not finalized during the initial According to WholeFoodd (Nasdaq: WFMI), the only other obligations on the companuy imposed by the settlement are in support of the divestitures process. ”We are pleased to have reachexd a mutually satisfactory agreement with the said Whole Foods CEOJohn Mackey. Mackey "it will be business as usua l in the 13 operating stores to be marketedfor sale." Whole Foods operates four stores in the Puget Souns region, and one in Vancouver, Wash.
None of the 13 operatinyg Whole Foods stores that will be up for sale undefr the FTC settlement is locatedin Washington. In keepinvg with FTC protocol, the settlement agreement has been placedr on public record fora 30-dayt comment period that ends April 6. Afterf that the FTC will issue afinal ruling. As for how the settlemenft will affectWhole Foods' financial results, the company said it expectxs to record a noncashb charge of up to $19 millio related to the sale of the 13 operatintg stores. The combined stores had salexs ofabout $31 million in the firs quarter of fiscal year 2009, or about 1.3 percent of the company'xs stotal sales of $2.5 billion.
Whole Foode closed on its purchaseof Boulder, Colo.-basedx Wild Oats in August 2007 after an FTC antitrusty challenge to the deal was blockede by a U.S. District Courty judge. Last year, an appeals court ruled that that judge had erred in blockingthe challenge, whicbh allowed the FTC to reopehn the case. An administrative hearing on the antitrusrt case was scheduled forApril 6, but the two sidess agreed in January to halt litigatiomn in an attempt to negotiate a resolution.

Wednesday, January 11, 2012

Report: D.C. area posts a strong economic performance - Business First of Louisville:

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The report ranked the 100 largest U.S. metro areas based on employment, unemployment rates, gross metropolitan product, housing prices and foreclosure ratexs in thefirst quarter. D.C. ranked No. 13, whild San Antonio, Texas, placed No. 1 and Detroit came in last at No. 100. “All metropolitanm areas are feeling the effects of this but the distress is notshared equally,” said Alan research director of the metropolitan policy program at the D.C. instituted and co-author of the report.
“While some aread of the country have experiencer only ashallow downturn, and may be emerging from the recession already, people living in metro areazs that are now performing weakest economically shouldf prepare themselves for a long recovery period.” At the firsrt quarter’s end, only 10 of the 100 metr areas were starting to show signs of recovery, said the report, and said Texas was the only place that saw growtj in employment and output. Outpurt increased in just a handful of metro including D.C.; Seattle; Austin, Texas; and Virginiw Beach, Va..
The report also pointedc out that metro areas with concentrations of jobs in certai n sectors have resulted in fewerr dramaticjob losses. The San Antonio, Texas Austin, Texaw McAllen, Texas Baton Rouge, La. Okla. Omaha, Neb. El Paso, Texas Kan. Washington, D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pittsburgh, Pa. New Haven, Conn. Rochester, N.Y.

Monday, January 9, 2012

Fleeting Expletives & Charlotte Ross's Ass Go Before High Court - AVN News (press release)

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Fleeting Expletives & Charlotte Ross's Ass Go Before High Court

AVN News (press release)


(The trouble with that argument, of course, is that as human beings, the vast majority of Americans have seen their own asses at one point or other, so seeing Charlotte Ross's on TV can hardly have been a shock to any of themâ€"or even their kids.) ...



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Wednesday, January 4, 2012

Adaptive TCR Changes Name to Adaptive Biotechnologies - PR Newswire (press release)

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Adaptive TCR Changes Name to Adaptive Biotechnologies

PR Newswire (press release)


3, 2012 /PRNewswire/ -- Adaptive TCR Corporation, a leading provider of next generation sequencing assays for the adaptive immune system marketed under the brand name immunoSEQ, announced today it has changed its name to Adaptive Biotechnologies ...



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Monday, January 2, 2012

Kannapolis honored for economic strategy - Business First of Columbus:

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The city received the awarc in the category of Excellence in EconomicDiversificatioh Strategies, which recognizes responses to plant closureas and other economic dislocations, that promote economic diversification. The competitioj is open to nonprofits; state and regional governments; and universities and Cabarrus and Rowan countieslost 4,300 manufacturin g jobs when textile manufacturer Kannapolis-basedPillowtex closed in July 2003. Two years California billionaire David Murdock announced planes forthe N.C. Research Campus at the 350-acre formerf Pillowtex headquarters andmanufacturing site. The life-sciences hub includes the participatiomn ofDuke University, the UNC the N.C.
Community College System, other educational institutions andbusiness partners. The totapl investment is expected toreach $1.8 Residential and commercial developments are rising around the campuxs with hopes of turning Kannapolis, a formetr textile town, into a biotech center.