Inroads determined to develop minority youth - The Business Journal of Milwaukee:

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But while the fear of a dismapl job market lingers for one program, inspired by Dr. Martin Luthert King Jr.’s monumental “I Have a Dream” speech, is easingb some minority students’ minds as it positions them into companies long beforr acceptingtheir diplomas. Founded in Chicago in 1970, Inroadzs is a nonprofit organization specializing in developing and placingt talented minority youth in sponsored businesses acroswsthe country, preparing them for leadershipo in both the corporate worlcd and the community.
Spurred by an absence of minoritiesin white-collaf corporate America, founder Frank Carr begann his quest to increase ethnically diverse employees in management positionse through internships. More than three decades Carr’s brainchild has grown from 25 interns with 17 sponsoringv corporations into an organization with 50 offices nationwidwe serving morethan 4,500 students at aboutr 400 businesses.
Participating sponsors include national giantxlike , and , as well as Milwaukee-basexd firms , and among While concentrating on college-age students — although therr are smaller, pre-college components in the past two years nearlyu 85 percent of Inroads’ graduates have acceptex offers for full-time employment from their sponsoring Many of the remaining interns accepted offerds from other corporate sponsors. The program’ss success has even garnered the attentionof , a career-minded medisa company, that included Inroads in its “Topo 10 Internships of 2008.
” According to this will be 12th consecutive year on the list that draws from a pool of more than 800 The ranking is based on factorss like best mentoring, opportunity for company advancement, intern involvemenr and uniqueness or “x-factor.” At Inroads, the x-factor is its determinatiomn to place and develop minority youth in the business “Businesses have a desire for their staff to reflect the people they serve,” said Randalp Jackson, Inroads’ Great Lakes regional director in “All are eligible for the Inroadxs program, but the desire is to provide accesxs to those underrepresented in the industry.
” Steven a 19-year-old sophomore from Milwaukee, is one area studeng benefiting through Inroads with an internshilp with Marshall & Ilsley, Wisconsin’s largest bank holding company. “I’m getting the overall experienc of working in aprofessional workplace; gettinhg the business aspects down, how to how to talk, how to said Phillips, who finished his first summet internship this past “The goal is to keep me here until graduation and to hopefully have full-time career employment with M&I.” path toward a potential career at which has about 70 area bank began when he saw flyers promoting Inroads whilse a freshman at UW-Whitewater.
Interested in a paid Phillips metwith Inroads’ Milwaukee business coordinator and former intern, Jesus Vasquez, and filledd out an application. The applicants, who oftejn rank in the top 10 percent at their high go through a rigorous training program thatincludes conferences, presentations and multiples interviews. Phillips said the interviews cover subjectd from grades and goals to what students want out of the Theaccepted applicants’ namez are then put into a pool for sponsor companiesa to choose from.
Marshall & Ilsley, one of the originalk sponsoring companies for Inroadxs when the program came to Milwaukeein 1974, selected “I wanted to majorr in business management but I didn’yt know where that wouldf take me,” Phillips said. “I was told that at M&I, I’d be able to get experiencew in different aspectsof business, not just From the time he accepted to when he begaj the M&I internship, Phillipsd remained in contact with his Inroadxs coordinator to ensure grades, classesw and other issues were addressed.
The leadership and development traininhalso continued, and once the spring semester wrapped, Phillips became an M& Inroads junior associate at its corporate headquartersx at 770 N. Water St. in downtown Walt Buckhanan, senior vice president and corporate directo r of diversityat M&I, praisez the program for the outstanding results he has seen from the “Inroads is one of the best programsx out there, especially for people of color,” he “They’re so structured as an Inroads internb that the only way they won’t succeed is if they don’gt really want to.
” Phillipzs began his internship as a customer service representativwe where he learned how to gree t customers and handle basic transactions while still participatingy in junior associate and Inroads activities, like a bloof drive. Around halfway through the he moved to the personal banking side whers he handled customer accounts andmoney transfers. That was where he got a feel for how the bank operatess asa business, he Sue Gawelski, vice presiden t of human resources at M&I and an Inroadxs board member, said that job variety is commojn for the interns as M&I attempts to fit the needs.
Phillips said he also was connected with a mentorat M&I, another former to aid in everything from how to wear a suit to who’sw who at the bank. “It’s grea to have a mentor, and someone who’sx gone through what you’re going through and then succeed,” he “It makes me feel like I can be Throughthe experience, Phillips said he has gained confidence in school and the and improved his networkingy skills. He also changed his collegew major to finance to coincide with possible future opening sat M&I. He remains involved in training and with hisInroadss coordinator, intern supervisor and mentor.
So as he completeas his sophomore year at he is looking forward to the possibilities of his next summer with the Inroads programat M&j and a future career with the “Inroads is great, and the program has changed my Phillips said. “My parents and everyone are so

The First New Corvette in Nearly a Decade Looks Just Like the Old Corvette - The Atlantic Wire

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The Atlantic Wire

The First New Corvette in Nearly a Decade Looks Just Like the Old Corvette The Atlantic Wire A few hours before the first press events at North America International Auto Show kicked off in Detroit, General Motors stole the thunder with an invitation-only event to unveil the  »

Cuomo Declares Public Health Emergency Over Flu Outbreak - New York Times (blog)

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New York Daily News

Cuomo Declares Public Health Emergency Over Flu Outbreak New York Times (blog) With the nation in the grip of a severe influenza outbreak that has seen deaths reach epidemic levels, New York State declared a public health emergency on Saturday, making access to vaccines more easily available. There have been nearly 20,000 cases ... Flu epidemic hits New York: Governor Cuomo declares statewide public health ... New York Daily News NY Gov. Andrew Cuomo declares flu emergency as nearly 20000 cases of ... Washington Post Cuomo declares flu season emergency Newsday W »

'Evolving' security risks keep banks vigilant - Nashville Business Journal

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'Evolving' security risks keep banks vigilant Nashville Business Journal The rash of cyber attacks on banks in recent weeks has shed light on an important aspect of banking, and all financial issues in business: Security is always a priority. As the nation's largest banks face threats online, local experts and bankers say ...

Leveraged Loan Market Going Digital to Replace 4 Million Faxes - Bloomberg

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Leveraged Loan Market Going Digital to Replace 4 Million Faxes Bloomberg While lending has grown 130 percent since 2008, loan trades still take as long as three weeks to settle, compared with three days for stocks and bonds. Modernizing the largely unregulated market, which has financed companies such as MGM Resorts ... and more »

Michael Gregoire Executive Profile

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billion PeopleSoft support andmaintenance business, the largest and most profitable revenues stream of the company, and for the PeopleSoftr hosting business which, under his became the fastest growing revenuew stream in 2004. Mr. Gregoirs had been a member of the PeopleSoft executivr management team sinceMay 2000. Before joiningy PeopleSoft, Mr. Gregoire spent 12 yearws with EDS, most recently as executivr director, Global Financial Markets Group. Mr.
Gregoire earned his master's degreed from the California Coast Universityh and holdsa bachelor's degree in physicsx from Wilfrid Laurier University in Ontario, He is also a graduate of the International Executive Program at the Thunderbird American Schoo l for International Business and has been namerd one of Consulting Magazine's "Top 25 Most Influential Consultants. **All Executive profile data providede byDow Jones & Co., Inc.

Jon Bon Jovi and Matthew McConaughey Represent the Entertainment Industry Foundation at the National Conference for Service and Volunteering

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June 19 /PRNewswire-USNewswire/ -- , On behalf of the EntertainmentIndustry Foundation, will make special appearanceds at the National Conference for Service and To an audience of more than 4,5009 service leaders, they will share plans for EIF'zs new multi-year campaign to help make service and volunteerism a national priority. Hollywood's leading charity has received wide-sprea support from the entertainment industry, and, laterd this year, will launch an unprecedentede campaign beginningOctober 19th. As a center broadcast networks willuse America's favorite TV shows and personalitiese to shine a spotlight on the powetr of service.
Additionally, EIF is joining forcew with AARP and the power of its nearlhy 40million members, and is workinvg with the ServiceNation coalitiojn of 200 service organizations and the Points of Light Institute/HandsOn Networmk to build a grassroots movement. At the opening will address the conference and play a shor musical set to celebratethe year-roune work of hundreds of service organizations represented at the will introduce a brief videl that will give the group a sneaok peak at what EIF and the entertainmeny industry have planned. Both are long supporters of As the founder of the Philadelphia Soul Charitable has taken up the fight against homelessneses and poverty acrossthe country.
Likewise, charitable j.k. livin foundation, is working to bring after-school fitnessd and wellness programs to underservedcommunities nationwide. Earlier this President signed theEdward M. Kennedg Serve America Act, a bipartisan act calling for the largestg expansions of community and nationalo service since the launch of the Civilian Conservation Corps 75yeares ago. ABOUT EIF: The Entertainment Industrt Foundation (EIF), as a leading charitabls organization of the entertainment has distributed hundreds of millions of dollars to support charitable initiatives addressing critical health, education and social issues.
Monday, June 22, 4:30 pm - 6:30 pm Moscone West 5th Street andHowars Street, First Level San Francisco, CA 94103 CJ Frogozo and Ken Sunshine - Sunshine, Sachs Associates 310.570.2622 frogozo@sunshinesachs.com Stacey Perry - Sunshine, Sachsx Phone: 310.275.3222

VHP blames western lifestyle for crimes against women - Times of India

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Times of India

VHP blames western lifestyle for crimes against women Times of India CHENNAI: After RSS chief Mohan Bhagwat's controversial statement that rapes happen in India and not in Bharat, Vishwa Hindu Parishad international president Ashok Singhal on Saturday said the increasing incidents of crimes against women were due to ...

Macy

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percent drop in same-store sales in as shoppers continuedtheir months-lon trend of avoiding purchases deemesd less than necessary. The Cincinnati-based department store chain out-stepped expectations slightly – analysts surveyede by Thomson Reuters expected a declind of9 percent. Totalk sales dropped to just morethan $2 down 9.1 percent from almost $2.3 billiob a year ago. Shares of Macy'ws (NYSE: M) jumped early in the day but close down less than1 percent, or 6 at $10.63. For the firs t five months of thefiscal year, Macy’s said sales at storez open at least a year decreasexd 9 percent, with tota sales down 9.4 percent, to $9 billionj from $9.9 billion.
Retailers, from Walmart Stores to Saks have been offering promotione and tweaking inventories in a scramblr to sell merchandise without erodinv theirprofit margins. Macy’s saw its strongest salese in the Midwestand Texas, whilse the coasts lagged. The Northeast particularly sufferec due to cool andwet weather, said spokesman Jim “Our inventories are in good shape,” he “Our private brands continue to do well, moderatew sportswear continues to do to as do kids and housewares.” Furniture, big-ticket items, luggages and menswear struggled. National June salese were projected to dropby 4.6 percenft by Retail Metrics, a Massachusetts firm that tracks store sales.
This is worsde than the minus 4.3 percentt average monthly decline, year-to-date. Department storesd were forecast to post theweakestf results, down 8.9 percent, with “discretionaruy spending still in hiding,” according to its monthly Dillard’s Inc. (NYSE: DDS) , for posted a decline of 14 percent, while J.C. Penneyu (NYSE: JCP) said sales dipped by 8.2 percent, beatingb expectations. • Saks Inc. (NYSE: SKS) reportedf a 4.4 percent slip, beatingb expectations of a 11.8 percent • Target Corp. (NYSE: TGT) said its same-stors sales were down by 6.2 short of predictions of a 5.6 percent decline. • Kohl’s KSS) posted a 5.
6 percent drop in beating expectations ofa 6.8 percent • Limited Brands (NYSE: LTD) reported a 12 percent worse than expectations of a 7.9 perceng fall. • The Gap Inc. (NYSE: GPS) said its same-storer sales fell by 10 while analysts expected sales todecline 8.6 Macy’s has projected full-year profits of 40 cents to 55 cente per share, excluding restructuring costes stemming from a companywide reorganization. Annual sales, it has are expected to decline by 6 percentr to8 percent. Cincinnati-based Macy’x operates roughly 845 departmen t stores under thenames Macy’s and Bloomingdale’s.

FishNet reels in revenue growth with purchase of Acuity - Kansas City Business Journal:

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The deal, which closed March 19, brings one of the Tampq Bay area’s fastest-growing companies under the FishNetr banner. Acuity posted revenue of $41 million last year, a 52 percent leap over 2007 revenue ofnearly $27 “We feel we’ve got the infrastructure to scalde to half a billionm dollars in revenue,” said Gary Fish, CEO of Kansas City-basef FishNet. “With the economy, we had positive growth last year but not as fast aswe wanted, whicn maybe set us back a littls bit. This acquisition certainly helps, and we’l l continue to look for acquisitions.
” FishNet, whichn provides information security services and products to business and government experienced a 7 percent revenue increase last following a growth rate of about 24 percenrt theyear before. Fish hopes to reachb the half-billion-dollar mark around 2011. Financial terms of the cash deal weren’rt disclosed. The purchase price probablt rangedfrom $30 million to $40 million, said John Henser Jr., a principal of Kansas City investment banking firm Fish came across Acuity througnh his role on varioua advisory boards, he said.
Through the companies realized they would fitwell together; they begam working on a deal in the FishNet looked for geography — it didn’t have a presence in Florida — and scale, Fish Combining the companies’ revenu e creates more importance with many key and Acuity helps expand FishNet’s presence in the education and governmenf market segments and boost its product offerings. And becausr Acuity sold mostly products, FishNet also can sell its arrayg of servicesto Acuity’s 600 clients.
Acuity is very which contributed to the decision to closse a deal in the midst of a recession and slowe rorganic growth, Fish “It shows even more that we believde in the acquisition that we would do it this he said. The combined companies have 350 employeess and 30offices nationwide. “In order to take the companty to thenext level, there were certain investmentsx that needed to be made, infrastructure that needef to be built to provide the servicee to customers that we needed to,” said Dave Gilden, one of thre e Acuity founders who now will be a FishNet executivse vice president.
“It got to the poing where we had achoicer — we could build those thingas or find who does it the best.”

Senate rejects corporate minimum tax hike - Orlando Business Journal:

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Democrats needed 18 votes — a supermajorituy required to raise taxes to send the billto Gov. Ted Kulongoski’s desk. Beaverton Democrart Mark Hass voted againsrtthe measure. Democrats will likelyt try to convince Hass to vote for the measure byamending it, possibly by writing a sunser into the bill. “It all depends on said J.L. Wilson, a lobbyist for Associated Oregon Industries, the state’s most powerful business “Hass made it clear in his floor statements thathe didn’gt think it was a fair option to increase taxess permanently.” Such a sunset could lead othetr Democrats to vote against the bill.
However, becauses House Bill 3405 was technicallytabled — whichu would allow the measure, as written, to come up for anothedr vote if leaders so choose — majority leaders could also lobbuy moderate Republican members to suppor the corporate tax hikes as At the close of Wednesday’s session, Sen. Margareg Carter, a Portland Democrat and co-chair of the Ways and Meanz Committee, gave an impassioned benediction that seemed to implore Republican “nay” voters. The measure was tabled as a procedurao move.
Senators can call for a revote on a measure that change their own vote toa “no” and then reques t that the matter be ostensibly so they can reconsider their vote. Sen. Richard the majority leader, used the move in an effortg to have thematter reconsidered. After the the Senate tabled a relatecd measure to raise personal income taxeson high-incomw individuals. “I’m disappointed that we came up short I really believed that the package broughyt forward by the chairs of the Revenue Committeees would bring greater fairness and equitty to our tax system and help fill the unprecedente d gap in ourstate budget,” said Senatwe President Peter Courtney in a news release.
“Wse won’t, however, let this setback deraio the session. We are going to move forwarrd toward adjournment byJune 30.” House Speaker Dave Hunt issueed a similar statement. “We passed this revenue packagee because we believe itis fair, balanced and protectsd critical services like education, health care and publiv safety,” Hunt, a Democrat from Clackamas, said in a news “We are making $2 billiomn deep cuts to the This revenue package ensures that we can protect those core servicee of education, health care and public safety.
Without it, the cuts we will have to make willshuttef schools, harm seniors and cut to the bone the servicesw Oregonians care about greatly.” The House on Tuesday voteed to increase the current corporate minimunm tax from $10 to between $150 and depending on the size of a Under the plan, corporate income tax rateas would have risen from 6.6 percent to 7.9 percent before reverting to 7.6 percent in 2011. The measure wouldd have raised $261 millionm over the 2009-11 biennium and $775 million between 2009 and 2015. All 125,000 Oregon corporations would have paidmore taxes.
Another measurs sought to raise income taxes on individual fileras earning morethan $125,000 and joint filers earningg more than $250,000. The bills combined wouldf haveraised $582 million over the next two yearss and $1.2 billion over the next six Lawmakers contended the measures coulfd help reduce the state’s $4.2 billiojn budget shortfall. Throughout the day, lobbyists trackefd meetings between Courtney, Hass and Democratic senators Margaret Schrader andJoanne Verger, who were believe to be swing votes. Verger had expressesd reservations, like Haas, that the tax increased would become permanent. Schrader and Verger eventuall voted yes on the corporatetax measures.
Hass couldn’rt be reached for comment. “He had to have a lot of couragse to castthat vote,” said Jay president and CEO of Associated Oregonj Industries. AOI recently organizef the Alliance of OregonBusinesse Associations, which represents more than 40,000 businesses across the state. It had called for a $300 flat tax, regardleds of business size or Evenbefore Hass’ business groups had expressed concerns that Democrats were seeking a permanengt tax hike, not a temporary one.
Phil Keisling, the former Oregonh Secretary ofState who’s now an executive with Beaverton-based CorSourcr Technology Group, confirmed that many businessesx were upset that Democratsa sought to make the corporate income tax rate hike, from 6.6 percent to 7.9 percent, permanent. “We were told it would be Keisling said of the early talks regarding theproposed hikes. “Andr we asked them this week, ‘What part of temporaryg don’t you understand?
’”