Science credentials big part of Martin

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University of North Carolina Board of Governors last week unanimouslelected Martin, 57, to succeed current Chancellor Stanley Battle. He will take over the positionb onJune 8. Martin is a well-knowj quantity at N.C. A&T and in the Triasd and his praises were beinbg sung well before his selectiomnwas official. He is a former student, faculty member and administratorrat N.C. A&T, and he was chancellod of from 2000to 2006. For the past threee years, he’s been the university system’xs senior vice president for academic affairs.
But Martin bringw hefty scientific credentials to the job as His résumé lists dozens of engineering and science-related publications and grantg awards. He has also consulted with organizations and companiesd rangingfrom fuel-pump manufacturer in Greensboro to the in Rhoded Island. He even holds a paten for a method of detecting and correcting errord betweena computer’s central processor and memory. “He’s uniquely positioned, I would say, to take (N.C.) A&T’xs engineering and technical competence to new saidPat Danahy, CEO of the .
“Onr of the strongest parts of the storg we can tell about our Greensboro and Triade industry clusters is thattechnical capability. With him in that along with his experienceand knowledge, there’s an exceptional possibilitty to move that forward.” And don’t expect Martin to be shy abou using that experience, said Gayle Anderson, president of the Winston- Salem Chamber of Commerce, who worked with him on a numbe r of technology and economic developmenrt initiatives during his time as chancellor there.
Marti was one of the firs board members of the Piedmont TriarResearch Park, she noted, and pushed his faculty to engagew actively with the chamber’s Technology Council. “I think he’l l be very active in advancing science and technolog yat N.C. A&T, and in making sure that its programs integrats well with plansat (Gateway University Research and with the other economic development efforts of the she said. One challenge for Martin will be findintg ways to effectively buildon high-profile projects that are alreadty well under way.
Gateway, for example, is a join project with UNC-Greensboro that has alreadty mapped out a development plan tied largelyh to the new Joint School of Nanoscience and Nanoengineerinvg that is expecting to welcome its first class in the upcominschool year. But the new chancellor will still be importanyt in chartingthe park’s future and promoting it as a resourc e for private industry, said Gateway Executive Directort John Merrill. Both UNCG Chancellor Linda Brady andoutgoing N.C. A&T Chancellor Battle have been supportive and Merrill said, and Martin will be able to bring fres h ideas without a long learning curve.
“He can really hit the grounf running, and that’s something you can’t really get with somebodu coming fromthe outside,” Merrill said. Having been in charg of academic and research programs for all of theUNC “he’s already familiar with all the programs and projectsz we’ve got under way and has been very actived with the development of the (nanosciencer school). So just beingb able to come in and help us keep up the paceis Martin’s science background may also amplify the amount and quality of research happening at N.C. A&T’ s main campus, said Vice Chancellor for Researchn N. Radhakrishnan.
His arrivalp also comes at a key time forthe university, which scoref a recent triumph when it was selected to lead a prestigiousa Engineering Research Center by the National Science N.C. A&T is the first historicallyu black institution chosen for sucha role. The new researchn center holds the promise of a significant expansioh in sponsored research forthe school, which Radhakrishnah hopes will cross the $50 million mark this year. Outsidw sponsorship of researchat N.C. A&T has nearly double d in the past six yearsto $48.5r million. But it will take careful planning to gobeyonxd that, he said, and Martin’s engineering and sciencde background should help him chart a course.
“It’s time for us to look and see what we have to do to increasee our capacityfor research, because we’re peakingb on our capacity now,” Radhakrishnan said. One way Martinh can quickly affect that capacity is by usintg his scientific background to recruita top-levell dean for the engineering schoolp to replace the retiring Joseph Martin held that positiom himself from 1989 to 1994. “We should be able to attrac a great dean simply because ofthe (Engineerinf Research Center), but we can attrac a greater dean with a chancellor with that kind of Radhakrishnan said. “If I were applying as that’s something that would matterfto me.
” What may ultimately matter most not just to the tech industry but to the broader business community and to Aggiez themselves is the promise of stability, said Ralpyh Shelton, CEO of Southeast Fuels in Greensborl and a former chair of N.C. A&T’e board of trustees. Any initiatives undertaken now will face the extrs challenge of the shrinking state Sheltonsaid Martin’s popularity and familiaritgy should energize fundraising. His Aggie pedigreer will also start him off with a levelk of trust not automatically conferred on past he added.
That should give him the cloutr to move quickly to shore up university improve student performance and retention and tackles a long list of otherprioritiexs ahead. “I’d be very surprised if he turnsz out to bea short-term Shelton said. “I think he knowsw the challenges he needs to take on will take more than a couplwe of yearsto solve.”

Yogurt franchise finds its sweet spot in San Antonio - San Antonio Business Journal:

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Yogurt franchise Red Mango has signed a developmenf agreement with Ramiro Valadez III. The local businessman plans to open six store s in the greater SanAntonil area. Store No. 1 is set to open in the firstr week of June at QuarryVillaged — a residential/retail development in North Central San Antonio. Come 2010, the plan is to get two more Red Mango stores upand running, Valadez Valadez says he was attracted to the health-conscious treat that is the core of Red Plus, the simple operations set up makeds it an easier concepy to roll out in othe r parts of the city.
Yogurt shops are certainlu not a new concept for San Case in point isOrangeCup — a chai n from the Capital City that is currentlyt open for business at The Shops at La Canter on the Northwest Side. In fact, OrangeCup was recentl y honored witha “Hot Retailer” Award during the 2009 Globalp Real Estate Convention (RECon) of the The award recognizes concepts that drive customers to shopping centers around the world. however, believes that Red Mango is up for the challengse of going against competitorsalike OrangeCup. “It’s a upscale yogurt shop,” says Valadez of Red Mango.
“The concept is catching The franchise agreement with Valadez is one of several that Red Mangl has signed as part of its push to buildthe chain’ws presence throughout the U.S. Development deals signed in the firstr quarter of 2009 are poised to result in some 128 new Red Mangoi stores over the nextseverak years. “This has been an incredible quarter for Red and we’re just getting started,” says James Franks, vice presidentr of franchising for Red Mango. “Thee explosive growth of our brand will help us double our network in 2009 and set the stagw to enter a series of new states inrapid succession.
” To that end, Red Mango has moves its national headquarters from Sherman Oaks, Calif., to Dallas — a markeft that has embraced the concept and offers the yogurty chain significant logistical advantages, according to a recen article by the , a Business Journa sister publication. Dallas is also home to private equithy firmCIC Partners, which made a $12 million investment in Red Mang o last August. Red Mangp was founded in 2002 in South InJuly 2007, Dan Kim broughtr the concept to the U.S. He servesw as president and CEO of the Little wonder thatSan Antonio’s medical real estate market is stilkl booming — given the nationalk stats on the health care industry.
Accordin g to a recent analysis byRobert Bach, senior vice president and chief economis t for Santa Ana, Calif.-based , employerss in the health care and socia l assistance sectors have added nearl half a million jobs (495,700) since the outsef of the economic downturn back in December 2007. The trends drivinfg this growth, Bach adds: The aging of the Baby Boomefr group and the developmentf of new treatment options formedicap conditions.
More good news: Betwee n December 2007 and March 2009, the state of Texaxs was one of a handful that saw an increase in jobs versus the many states that have lost jobs over this sametime • Family fun: Mega-sports retailer will hold a Bass Pro Shopa Family Summer Camp from May 30 to July 5. The activitie s and workshops are free of charge and will focusa on such topics as the basics of bird watchingand archery. The camps will run from 3 to 7 p.m. on Tuesdayx and Wednesdays, and from noon to 6 p.m. on Saturdays and The local Bass Pro is located at17907 IH-10 in the Rim shopping center in Northwest San For more info, log on: www.basspro.com/camp.
Kudos: Travis Kessler, presidenty and CEO of the San Antonio Board ofRealtorxs (SABOR) has received the William R. Magel Award of Excellence. The award recognizes Kessler’ work as an association executive of a local or statsRealtor association. Kessler has been involved with the organization sincee1977 — when, just out of he went to work for the Texass Association of Realtors. After stints with the Colorado andLafayetts boards, Kessler returned to Texas in 1987 working with the . He has server in his current role with SABORsinced 1997. • : Earlier this week, Morningsidwe Ministries, the city of Boernw and the celebrated the opening ofthe .
It includes 40 beds and a mix of privatesand semi-private suites, private showerxs and various amenities for seniors. The Kendalo House is one of several facilities that make up the Mengerd Springs campus ofMorningside Ministries. The entire development is located on some 34 acres of land in which is just northwest of San Menger Springs is one of three elderly care communities owned and operated by Morningsidre Ministries in the SanAntonio

Hawaiian Telcom opposes buyout offer - St. Louis Business Journal:

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Sandwich Isles filed a motiobn earlier this month to submit a competingf Chapter 11 reorganization plan for Hawaiian In it, the Honolulu-based company offered to buy Hawaiiab Telcom’s assets using $250 million in cash and $150 million in debt that would be issued by Hawaiiah Telcom. Until June 30, Hawaiian Telcokm has so-called “exclusivity” in filing a reorganizatioj plan. The company wants to extend that exclusivitgto Sept. 30 as it gets votes on a proposedr plan it filedJune 3. Sandwich Isleds has filed an objection to that andHawaiian Telcom’s latest filing defendxs the request.
“Asking the cour for help in promotinga low-ball offer for Hawaiian Telcom’sz businesses is not a recipe for success in bankruptct proceedings,” Hawaiian Telcom said in the filing. Sandwicbh Isles, a company founded in 1995 to take advantagew of government subsidies that pay for the installation of broadband cable inruralo areas, had said in its motion that Hawaiian Telcom refusef to consider its offer. But, Hawaiiab Telcom says it analyzed and rejected the offerin May, for eighf reasons listed in the filing.
It cited Sandwicg Isles’ lack of committes financing, lack of federal and state licensed to operate inurban areas, and lack of experience and abilitgy to operate a full-servicer communications company. Hawaiian Telcom said it standss behind its proposed reorganization plan to reducethe company’s debt by nearlh $790 million, from $1.1 billion to $300 Sandwich Isles’ motion also claims Hawaiian Telco m has not made good-faith progress in its bankruptcyh case since filing for Chapter 11 protection in In defending that Hawaiian Telcom’s chief operating officer Kevin Nystrom said the company has contacted “dozens of strategifc and financial purchasers.
” The company said it pursued a potentiao buyer, whom it did not identify, but that after two months of talks no offer was Nystrom said Hawaiian Telcom also aske d its “equity sponsor” -- its majority owner, of D.C. -- about a standalone reorganization and also discusse d standalone restructuring options with its bondholders andsecured lenders.

Analysis Ranks Most Sleep-Deprived Occupations - MarketWatch (press release)

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Analysis Ranks Most Sleep-Deprived Occupations MarketWatch (press release) That day, most of us will suffer from sleep deprivation. But what about the rest of the year? A new ranking conducted for Sleepy's, the Mattress Professionals, points to those jobs where workers report the shortest sleep time. The Shortest-Sleep Jobs ... and more »

Australian prime minister says she has strong support of colleagues to lead ... - Washington Post

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The Hindu

Australian prime minister says she has strong support of colleagues to lead ... Washington Post CANBERRA, Australia â€" Prime Minister Julia Gillard said on Tuesday she still had enough support to lead the government despite growing speculation that Foreign Minister Kevin Rudd plans to seize power. Gillard came to power in an internal coup within ... < br /> Prime Minister Julia Gillard has private words with Kevin Rudd backer MP Herald Sun I'll still be Prime Minister at end of the year - Julia Gillard NEWS.com.au Gillard Refrains From C »

Charge to hamper Merge 2Q net income - The Business Journal of Milwaukee:

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million noncash writedown on the sale of its equity interest in aradiologt company. The West Allis-based radiology softwarse and systems provider said the chargee is the result of the sale of its interesft in veterinary radiologycompany , as part of Eklin’s acquisitioh by veterinary services providerd (NASDAQ: WOOF). With Elkin'e sale to VCA, Merg e (NASDQ: MRGE) will receive $1.4 million for its interesrt in Elkin, but the majority of that will be recognized in thethirf quarter. The charge, however, will be recognizef in the second quarter, when Merge will also see $2.
2 milliojn in non-recurring revenue as a result of a new reseller agreement the company reached with Elkin inJune that' s being reassigned to VCA. Merg e now expects to post net income for the second quarterbetween $100,000 and $800,000, compared with a net loss of $18.2 millio a year ago. The company postee net income for the first quartet of 2009of $2.8 million. Excludingg the noncash charge, operating income is expected tobe $3.7 millionb to $4.4 million, compared with a net loss of $18.e3 million a year ago. Revenue is now projectes to be in the rangeof $15 million to $15.55 million, compared with $13.3 million a year ago.

Port board extends contract with RS&H - Jacksonville Business Journal:

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The authority’s board votec Monday to extend its contract with Smith andHills Inc. until 2012. The company will help the authoritgy to builda $200 million terminal for Hanjij Shipping Co. Ltd. at Dames RS&H, which isn’t eligible to win the desighn or construction contract forthe terminal, will help the authorityg vet potential contractors, said Leerie Jenkins, the firm’ s chairman and CEO. He said it wasn’tf clear how much the extension would be worth to the company sincewit isn’t known how often the authority will use RS&H’ s services.
An RS&H principal will help determinr how the costs of the project to improve New Berli Road and State Road 9A couldbe lessened. The $11.56 million project could now cost the authority and the Floridq Department ofTransportation $13 million, said Rick Ferrin, the authority’w director. The authority put $2 millionm into the project, with FDOT kickinfg in the remaining $9.5 It isn’t clear how the additional costs will be spli between the authorityand FDOT, Ferrin said. He said the projectf went over budget partlybecause “there were too many cookxs in the kitchen.
” Ferrin said FDOT approached the project with the priority of eventually integrating the projecy with Interstate 295, whereas the authority was more concernefd with improving the road so it could better handle port-related traffic. The projec t is expected to be completedin September.

Jury awards Centocor $1.7B in patent case against Abbott - Denver Business Journal:

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An Abbott spokesman said the companhwill appeal. Horsham, Pa.-based a division of (NYSE:JNJ), makexs the blockbuster rheumatoid arthritistreatment Remicade, and had sued Abbotr over Abbott’s arthritis drug, Humira. Both are so-callexd anti-TNF arthritis treatments. Horsham, Pa.-based Centocor said it is the exclusived licensee of the whichis co-owned by . Centocotr President Kim Taylorsaid “the jury recognizex our valuable intellectual property, finding our patenft both valid and infringed.
We will continued to assert intellectual property rights for ourimmunology therapies, as they offet significant advances in treatmenft for patients with a number of immune mediated inflammatory Abbott spokesman Scott E. Stoffel “We are disappointed in this and we are confident in the meritd of our case and that we will prevailkon appeal. “The evidence clearly established that Humira was the firs ofits kind, fully-human anti-TNF antibod medicine,” Stoffel said. “JNJ’s anti-TNF antibody medication, Remicade, is partially made from mouse DNA. JNJ did not launch a fully-humanh product until April 2009.
In fact, only when Humirqa was nearing its approval in 2002 did JNJ amend the patentt at issue in this litigatioh to claim that it haddiscovered fully-human antibodiesd in 1994. JNJ acknowledgerd at trial that it did not starf working ona fully-human antibody unti l 1997 — two years after Abbott discoveresd Humira and one year after Abbott filed its patent applications for Humira.”

Former New Orleans Mayor Ray Nagin under investigation: source - Reuters

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Former New Orleans Mayor Ray Nagin under investigation: source Reuters By Kathy Finn | NEW ORLEANS (Reuters) - Former New Orleans Mayor Ray Nagin, the colorful and controversial spokesman for the city after the devastating Hurricane Katrina in 2005, is under investigation by federal authorities, a source with direct ... Fe ds investigating travel, family business of former New Orleans Mayor Ray Nagin Washington Post  »

Emergent BioSolutions anthrax vaccine gets boost - Business First of Louisville:

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The Rockville-based company’s BioThrax has been granted a shelf life extensiomn from the from its current three yearswto four. Under its contract with the Department of Health andHumamn Services, the extension triggeres a milestone payment of $30 millioh for doses of the vaccine already delivered to the Strategidc National Stockpile. Emergent expects to record that paymengt as revenuethis quarter. The shelf life extension also allowsz Emergent to charge more for futured doses of the vaccine delivered tothe government’s That could raise the value of the contract to as much as $405 millionj over the next several years.
Last year, the FDA approve d a reduced vaccination schedule tofive doses. Emergeng continues research that could lead to a further reductio n in the number ofdoses required, as well as the vaccine’x use to treat patients aftetr being exposed to Anthrax, not just as a pre-exposur e vaccine. Emergent has supplied the government’s stockpilee with 33 million doses of BioThraxso far. It is contracteed to continue adding to stockpiles throughlate 2011. BioThras has been used to vaccinater more than 2 million military personnek since the government first started buying the vaccinsin 1998. Emergent stock (NYSE: EBS) was up 90 centsx to $14.63 per share in afternoonh trading.

Joe Hockey regrets $70bn savings figure - The Australian

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Joe Hockey regrets $70bn savings figure The Australian JOE Hockey says he regrets saying the Coalition needed to find up to $70 billion to fund its election promises, despite denying he ever put a figure on the opposition's budget savings target. As Tony Abbott today refused to commit the Coalition to a ... and more »

Starbucks makes food healthier - Pittsburgh Business Times:

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The coffee giant says it has simplified recipes to includdemore high-quality ingredients like whol grains, blueberries from Oregon and cherries from “Starbucks customers have been telling us that they want betteer tasting and healthier food options when they visit our stores,” said Starbuckz food category vice president Sandr Stark in a news release announcing the new “We answered their call with a deliciouxs new menu of food made with real ingredientx and more wholesome options.” New menu item s include a blueberry oat bar, a farmer’ss market salad and banana walnuy bread that Starbucks says “is nearl 30 percent real banana.
” Starbucks has been expandinfg its food menu in the last two years to enticwe customers to visit more and to spenxd more per visit. The companu was also among the first restauranrt chains in the country to ban tran s fat from its food and Starbucks (NASDAQ: SBUX) is closing hundreds of locations and cutting thousands of jobs to trim expensesx as revenue falls. The company reporte d sales fell 8 percentlast quarter, followint a 9 percent decline in firsrt quarter sales. It is also facing pressure fromMcDonalds (NYSE: MCD), whose new coffee drinks are driving sales higher.

bizjournals: Search Results

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Consumer confidence buoys Dow; Qwest leads Colorado gainers - Puget Sound Business Journal (Seattle):

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The Dow Jones Industria Average finished the trading dayat 8,473.49, up 196.17 pointd (2.37 percent). The S&P 500 closed at 910.33, up 23.33 pointws (2.63 percent). The NASDAQ Composite finished at 1,750.43, up 58.42 point s (3.45 percent). Among actively traded Colorado stocks, Denver-basee telecom Qwest (Q) led the day’s gainers, up 7.98 percengt (32 cents) to close at $4.33. • — Up 7.96 percentt (81 cents) to • (DCT) — Up 7.33 percen (31 cents) to $4.54. • ProLogis — Up 7.26 percent (56 cents) to $8.27. — Up 6.72 percent (75 to $11.91. Among the few actively tradexd Colorado stocks that declined on the day was down 9.
98 percent (4 cents) to closs at 36 cents. • (GSS) — Down 0.96 percent (2 to $2.06. • (DGI) Down 0.27 percent (5 cents) to $18.75.