Friday, February 5, 2010

“More Business - San Francisco Chronicle” plus 3 more

“More Business - San Francisco Chronicle” plus 3 more


More Business - San Francisco Chronicle

Posted: 05 Feb 2010 07:58 AM PST

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Foreign Minister Yang Jiechi told a gathering of the world's top defense officials that negotiations with Iran's government have "entered a crucial stage."

"The parties concerned should, with the overall and long-term interests in mind, step up diplomatic efforts, stay patient and adopt a more flexible, pragmatic and proactive policy," he said. "The purpose is to seek a comprehensive, long-term and proper solution through dialogue and negotiations."

The comments at the Munich Security Conference came after Iranian Foreign Minister Manouchehr Mottaki decided to join the meeting at the last minute. It was not clear whether Mottaki would attend the entire three-day conference, but he was scheduled to hold late-night discussions with Swedish Foreign Minister Carl Bildt.

Iranian President Mahmoud Ahmadinejad earlier this week suggested he would at last agree to export a significant amount of uranium for processing. The U.N. is considering a fourth round of sanctions against the country for failing to rein in its nuclear ambitions.

Iran's moves appeared timed in part to defuse pressure by the U.S., Britain and France for more sanctions against Iran. U.N. Security Council members China and Russia are not convinced.

Yang called for another round of talks involving the Security Council and Germany with the hope that a "mutually acceptable proposal" can be reached with Iran.

But U.S. Secretary of State Hillary Rodham Clinton made it clear on Friday that the Obama administration's position has not changed.

She said the Iranian government has been unclear in its intentions regarding the possibility of accepting international urgings to negotiate on the nuclear matter.

"The fact is we haven't really seen much in the way of response" from Iran, she told reporters in Washington. "Sometimes we see response from a part of the government that is then retracted from another part of the government."

She reiterated that the focus is now on sanctions.

"We have, in good faith, engaged in diplomacy with the Iranians," she said. "We've always had a two-track process, and we think it is important that we move now toward looking at what pressure, what sanctions, can be brought to bear on the Iranians. We're going to continue to reach out to all of our colleagues in this effort, including, of course, China."

Iran now possesses more than enough enriched uranium for at least one nuclear warhead and the U.N. Security Council has demanded the Islamic Republic freeze its enrichment program. An agreement worked out by the International Atomic Energy Agency would delay Tehran's ability to make such a weapon by requiring the country to export 70 percent of its uranium stock and then wait for up to a year for it to be processed and returned as fuel rods for a research reactor.

In Berlin on Friday, Russian Foreign Minister Sergey Lavrov and German Foreign Minister Guido Westerwelle — both of whom are attending the Munich conference — said Iran must answer remaining questions about the nature of its nuclear program.

They stressed that they remained ready to continue negotiations toward a diplomatic solution. Westerwelle warned, however, that the international community's patience was "not infinite."

Lavrov said he planned to meet Mottaki in Munich and urge him to submit information on Iran's nuclear program to the IAEA.

"Under certain circumstances, if there is no other possible solution, then we will have to discuss it in the Security Council," Lavrov told reporters.

The annual conference has long been a strategy session for U.S. and European leaders on defense cooperation. But in its 46th year, the forum's organizers want to reflect Asia's growing role on the world stage.

In addition to the Iranian nuclear program, the gathering, in which world leaders and top diplomats talk policy in an informal setting, is expected to focus on ongoing instability in Pakistan and Afghanistan, and the development of the A400 transport plane, a seven-nation project through the European Aeronautic Defense and Space Company that has been plagued with cost overruns.

The U.S. delegation is more modest than in the past with White House national security adviser, Ret. Gen. James Jones, the senior U.S. official on hand.

The event's chief organizer, Wolfgang Ischinger, has said that trans-Atlantic security will remain the central theme of the conference, but that he has intentionally sought to include Asia.

Stabilizing Afghanistan and Pakistan is likely to again be a focus. Afghan President Hamid Karzai and U.S. special representative Richard Holbrooke are also in the mix among an estimated 300 participants.

U.S. and Russian officials will also have the opportunity to discuss the progress of negotiations on a new arms control agreement to replace the Cold War-era START treaty and further reduce arsenals.

Both sides have said that an agreement is near.

___

Associated Press writer Juergen Baetz in Berlin and AP National Security Writer Robert Burns in Washington contributed to this report.

(This version CORRECTS Corrects name of Chinese foreign minister to Jiechi, sted Jieche. UPDATES with comment from Chinese foreign minister and U.S. Secretary of State Hillary Rodham Clinton. RESTORES background, bylines. ADDS photos.)

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Business Editors: - Investors Business Daily

Posted: 05 Feb 2010 08:05 AM PST

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Among the stories for Saturday from The Associated Press:

TOP STORIES

ECONOMY:

WASHINGTON — The outlook for jobs remains bleak despite January's unexpected decline in the unemployment rate, which fell to 9.7 percent from 10 percent as more people said they had jobs. The government raised its estimate for job losses during the Great Recession to 8.4 million, and economists think the nation would be lucky to get back 1.5 million of them this year. By Jeannine Aversa and Christopher S. Rugaber.

TOYOTA RECALL

TOKYO — Toyota's president apologized for the massive global recalls over sticking gas pedals as the automaker scrambles to repair a damaged reputation and sliding sales. But Akio Toyoda, appointed to the top job at Toyota Motor Corp. last June, said the company is still deciding what steps to take to fix brake problems in the popular Prius gas-electric hybrid. By Yuri Kageyama.

MARKETS and the ECONOMY:

WALL STREET

NEW YORK — Stocks fell modestly following mixed news from the Labor Department's monthly employment report. The Dow Jones industrial average dipped below the 10,000 line. By Business Writer Stephen Bernard.

— OIL PRICES — Oil prices were volatile around $73 a barrel, following swings in the dollar's exchange rate and as investors continued to sell off stocks and commodities amid doubts about the global economic recovery.

OBAMA-SMALL BUSINESS

WASHINGTON — In an effort to create more jobs, President Barack Obama will ask Congress to temporarily expand two lending programs for the owners of small businesses, an administration official said Friday. By Philip Elliott.

AP Photo.

EARNINGS:

EARNS-AETNA

INDIANAPOLIS — Insurer Aetna said its fourth-quarter profit fell 15 percent, as it continued to struggle with pricing problems and rising medical costs that plagued it in previous quarters. By Tom Murphy.

BRITAIN-BRITISH AIRWAYS

LONDON — British Airways PLC said Friday that its cost-cutting drive has put the airline on the right course but won't save it from posting record losses in the current year. By Robert Barr.

EARNS-TYSON FOODS

NEW YORK — Tyson Foods Inc. said Friday it returned to a profit in its fiscal first quarter as tough conditions in the meat industry eased. Its chicken segment improved markedly, and its beef and pork units also made money. By Emily Fredrix and Mae Anderson.

EARNS-BEAZER HOMES

ATLANTA — Beazer Homes USA Inc. posted a $48 million profit in its fiscal first quarter thanks to a $101 million tax gain.

See Also
  • Lower Unemployment Rate Drives U.S. Markets Mostly Higher
  • Debt Worries, Jobless Claims Slam U.S. Stocks
  • Acquisition Means More Business For Pharmacy Benefits Manager
  • Pegasystems A Leader In Field
  • Stocks Wipe Out Prior Week's Losses

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MORE FROM THE BUSINESS JOURNAL - Central Penn Business Journal

Posted: 05 Feb 2010 08:33 AM PST

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David Black channeled Bette Davis when he described Harrisburg's business outlook: "You better strap yourself in, it's going to be a bumpy ride."

Black, president and chief executive officer of the Harrisburg Regional Chamber & Capital Region Economic Development Corp., used the silver screen star's quote to describe the city's financial picture because Harrisburg is facing a major financial crisis. The city is nearly $300 million in debt as a result of a mishandled retrofit of its incinerator, and it cannot meet its debt service payments. Harrisburg owes $67 million this year and has to fill an immediate $3.8 million budget gap.

The debt may cause increases in taxes and service fees on businesses and a reduction in city services. Still, Black remained positive. The financial emergency might not look good to investors in the short term, he said, but the capital city will remain a magnet for business when it figures out how to address its debt.

"The only good thing about this happening at this time is that the economy is still coming out of a recession. But it's never a good time for this to happen," Black said. "Are we missing a lot of development opportunities? I would say, not yet."

A lot will depend on how city officials move forward from here, he said.

Businesses sweat it out

Harrisburg business owners said the financial crisis makes them nervous because they already are dealing with a tough business environment and increased electric prices. The caps came off electric providers Dec. 31 and some businesses are paying 30 percent more for electricity. The higher costs threatened by the city's debt could drive businesses to move elsewhere.

"I was just talking about this with my dad and his wife last night. They both asked if we were thinking about getting out of Harrisburg," said Chris Hoke, who owns a city-based graphic design company. "We are growing our business, and we cannot afford extra overhead."

Hoke owns Choke Design Co. at 325 N. Front St. He has been in business for almost two years and doesn't have immediate plans to leave. But Hoke said he leases his office space and is afraid that his landlord might increase rent to help cover higher taxes and fees. Hoke said he has to renegotiate his lease in March and might consider another location outside of the city if he cannot afford to continue doing business in Harrisburg.

If freshman mayor Linda Thompson's amended 2010 budget is approved by the City Council on Feb. 11, property owners would pay an additional 2 mills in tax per $1,000 of assessed property value. That would cost an extra $200 per year on a $100,000 house. They'd also pay 40 percent more for water. Thompson submitted the plan to the council last week. It calls for $5 million more in spending over the $64.7 million general fund budget the council adopted in December under former Mayor Stephen R. Reed.

Thompson also wants to cut overtime hours for police and fire personnel, yet she increased the salaries for her appointed staff by 37 percent over what Reed had budgeted. Her appointments include a new $83,000-a-year chief-of-staff position.

The mayor's plan is based on guidance from an independent consulting firm that was retained by the former mayor, Thompson's senior adviser and communications director, Joyce Davis, said in an e-mail.

Thompson couldn't be reached for comment.

Reed used a state grant to hire Cincinnati-based Management Partners Inc. last year to conduct an independent audit of the city's financial situation. MPI confirmed the city is in a financial emergency and revealed its findings Jan. 25. The firm made 21 recommendations to the city on how it could get back on its feet.

"In addition to the plan (Thompson) has proposed, she has asked each and every (city) department director to identify further cuts," Davis said.

Whether city departments make cuts, Thompson's tax and fee increases would stand under her plan. Those increases, coupled with less police protection, would affect Midtown restaurant owners Ramond and Grace Diaz several ways, Ramond Diaz said.

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Starting a home-based business - Gather.com

Posted: 05 Feb 2010 06:53 AM PST

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Hi All:

Learning and trying new posts and varied posts as an experiment...may start to actually have some fun with this stuff!


I have to confess that more and more I'm following politics as much as business and home based business services. Will try to be a little more focused on business this time out.


If you have been looking for a fast way to
find a home-based business, this is a site that you might want to check out. It's a streamlined way to request information. The site is well-done and appears to function properly. In addition, it's to the point and very straight-forward.

If you have ideas for follow-up articles, please feel free to post your comments as I'd like to hear from people who are making a go of it and are finding ways to keep their heads above water.


Until Obama and leading progressives are voted out...and unfortunately, even after, we're likely to have some lean times. So much for Keynesian-Voodoo Economics (hot sure of the correct spelling for Keynesian...)


Someone once said that if you want to write about something and have the desire that it should be helpful or meaningful, that you ought to write about something you're qualified to write about.

I suppose that makes sense but I wonder if the person that wrote that was actually qualified to make that assertion - LOL!


Could it be that a little collaboration might help?


Have thought about new businesses and invariably "Twitter" comes to mind. I think that service is a stroke of genius. If nothing else, there are probably a lot of ways to improve things that might a make a huge difference. Maybe we could find a way to help specialists collaborate.


Till Later!

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