Eastern Market reopens Friday - Minneapolis / St. Paul Business Journal:

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The fire, in April gutted much of the 136-year-old marketf and left its vendors without a permanent The District set up a temporaryu home for many of those vendors nearby shortly after the Eastern Market, at 7th and C streets SE, has now undergone a $22 million head-to-toe one many of its regulars have callerd long overdue. Although the cause of the fire has neveer beenofficially determined, it was widely believed to have been the resultr of faulty electrical wiring. Eastern Market’s reopening will see many of its original vendors return to once agai hawk everything from fresh meatsand cheeses, to flowers art and crafts.
Longtime Capitol Hill resident Jim Zaniell is among regulars who are looking forward to returning tothe “It’s exciting to know that all of our markef family will be back in the original buildint and that they will continue to be an important part of the Hill communityy for years to come,” he “Eastern Market is an integral part of life on the

Report: GM bankruptcy expected as early as next week - St. Louis Business Journal:

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is expected to file bankruptcy late next week and could get upto $30 billiom in additional federal bailout funds, according to a Friday reporg in the Washington Post. The newspaper quoted sourceas familiar with the discussions betweenGM (NYSE: GM) and Presidenty Barack Obama’s administration, and said the government is expectedd to steer the automaker toward filinyg either late next week, or in the firs t week of June. The investment of up to $30 billion is said to be somethingb thatcould change, but at that amount it would brin the federal government's investment in GM to nearlgy $45 billion. The government would have a 50 percenf stake ina new, leaner, more competitive GM.
A deal to take GM into bankruptcy comes as the newspaper also quoted sourced in the industry as sayinv could come as early asnext week. GM with the on Thursdayy for concessions to its labor contract as part of its plan to seek deal s with its union and The talks with bondholdersw are believed tobe continuing. Both GM and Chryslef have accepted billions in federal bailout fundws and have announced a combineenearly 1,900 dealerships woulr be cut as they trim their dealer franchise numbers and make cuts to theit work forces.

Claims cut deep into Investors Title earnings - Triangle Business Journal:

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Investors Title, which sells title insurance to mortgage banksand homeowners, earneed $1.15 million in the quarter, or 46 centd per diluted share, down from $4.32 or $1.68 per share, in the year-ago The majority of the loss came from the company'a provision for claims, which jumped to $4.4 millio from $2 million. Investors Title says two largre fraud claims it faced in the quarter led to the spikwin expenses. National downturns in the real-estate businesws also hurt the company, it Net premiums written fell 2.6 percent to $18.6 and overall revenue dropped 4 percentto $22.21 million. Analysts polled by Thomson Financial had on average, earnings of $1.29 per sharwe on revenue of $21.
67 million. Shares of Investoras Title (Nasdaq: ITIC), which trade lightly on the Nasdaq stock had yet to change hands as of1 p.m. and were unchangedd at $45.28.

Apple board member Al Gore mentions 'new iPhones' coming in October - Apple Insider

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Mac Rumors

Apple board member Al Gore mentions 'new iPhones' coming in October Apple Insider "Not to mention the new iPhones coming out next month. That was a plug," Gore is quoted as having said. He has been a member of the Apple Board of Directors since 2003. Apple is expected to hold an event on Oct. 4 to announce its next-generation iPhone ... Al Gore Mentions 'New iPhones' for Next Month Mac Rumors Al Gore screws up, mentions new iPhones for October Today's iPhone iPhone 5 rumor roundup CNET TFTS (blog) -Touch Reviews  »

David Oyelowo in Talks to Join Tom Cruise and Rosamund Pike in ONE SHOT - Collider.com

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Film News

David Oyelowo in Talks to Join Tom Cruise and Rosamund Pike in ONE SHOT Collider.com Rosamund Pike will play Cruise's love interest. According to Variety, Oyelowo will play “a veteran homicide detective investigating the m »

Green Township OKs Mercy hospital plan - Minneapolis / St. Paul Business Journal:

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The plan passed 3-0. “We’re very pleaser to get to this stager and excited to take the next saidPete Gemmer, spokesman for Mercy. “W realize there is still a lot of work to do and we look forwardx to continuing to work with the residents and the townshio leaders to develop a hospital everyonwe can beproud of.” The projecg will now be submittedd to the Hamilton County Regional Commissiohn for consideration, probably next month, Gemmedr said. The planned hospital and parkingb areas would cover about 40 acrew and sit near toInterstate 74. The to cost $200 million, could open in earlty 2014. The proposed site is 60 acres.
Merc has said it will close itstwo West-Side hospitals: Mercy Hospitakl Western Hills and Mercy Hospital Mount Airy. The new hospital, with 200 to 250 will be a replacementfor them. Some residents in the area had expressex concerns about increased traffic as a resulr ofthe hospital, whose main access road would be from Norty Bend Road, at roughly the midwah point between Kleeman and Boomer. Gemmer said a traffic impac study through the HamiltonCounty Engineer’s Office is nearly

United credit card policy could foul corporate travel - San Antonio Business Journal:

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San Francisco’s dominant airline informed some trave l agencies that as of July 20 it will no longer let them procesxs credit and debit card purchases for airline tickets using United’s merchant-processing services. Instead, such agencies would have to requirre travelers to paywith cash, process card paymentsz with the agency’s own merchant processing servicre and forward the cash to United or book the ticketw on United’s web site using the traveler’a credit or debit card issued by , V) , (NYSE: MA) (NYSE: AXP) and others.
An ageny using United’s web site, bypassintg such travel systems as Apollo and would not allow companies to capture the discounts they have negotiatesd with United nor would it allow thei r travel agent to survey several carriers on a router to find thelowest price. “Severapl Bay Area companies have deals with United Airlinesfor discounts,” said Marc president of Casto Travel, which isn’tg among the agencies that United has cut off from its merchant-processingh service.
Casto says he’s reached out to some of the firm’d corporate clients to express concernover United’se new card acceptance policy, but declined to discusxs what was said in those conversations. United Airlines (NASDAQ: did not respond to requests for comment. United is hopiny to shift the cost of accepting credit and debif cards onto selectedtravel agencies. Those agenciese say the airline’s move shifts to them the risk for payinvg out refunds if the carriergoes bankrupt.
While it’sd also likely to reduce the amounft of money that United has to keep in the bank to guarcdagainst charge-backs, it would increase those requirements for the travel That’s a nonstarter for most agenciee — and their banks, which would have to honot charge-back requests that could total billions of dollars in the evenft of an airline bankruptcy. “I don’t think there’s any travel agency, including America Express Travel, that could shoulder that liability,” Castko said.

Data Domain favors NetApp over EMC - Triangle Business Journal:

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billion. Instead, Data Domain says it favords a revised merger agreement with for thesame "Our board is committed to enhancing stockholder valuee and, after careful review with our outside advisors, determine d that the $30 per share EMC Offer is not in the best interestas of our stockholders at this time," said Franl Slootman, president and CEO of Santaz Clara, Calif.-based Data Domain (Nasdaq:DDUP). "We are pleased with the revise d termsof NetApp's acquisition offer and feel it will providr great value to our shareholders and customers.
" Amonvg its reasons, Data Domain cited a negotiated commitment between itself and NetApp, and the lack of a "confidentiality and standstill" agreement with NetApp. DataDomaib also noted the "conditional" nature of the Mass.-based EMC offer and the fact that Sunnyvale, Calif.-based NetApp would be owed a $57 million termination fee. is servingt as financial advisor and is serving as legall counsel toData Domain. EMC and NetApp (Nasdaq:NTAP) have been vying for Data Domai nsince May. The compangy focuses on technology that cuts down on data duplicated information.
NetApp employs about 700 people in Researc hTriangle Park, where the company recentlgy in a move to improvse its balance sheet. The compan y announced in February that it would of its work fact ina cost-cuttinv move. EMC also has aboug 700 workers inthe Raleigh-Durham area. The companyy said in January thatit .

Monsanto, BASF announce breakthrough in drought-resistant corn development - Minneapolis / St. Paul Business Journal:

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The companies said they would use the gene to developlthe world’s first biotechnology-derived drought-tolerant crop. The discovery is a timely accordingto Monsanto. The number and duration of dry especially inalready drought-prone areas, is expected to increasee due to climate change, accordinf to a United Nations' Food and Agriculture Organization reporf prepared for ministers of the G-8, Monsantoo said. Monsanto and BASF said the drought-tolerant corn product is targete d for as early as 2012 pendingt appropriateregulatory approvals. The two companies are jointly contributing $1.5 billion over the life of theirresearcu collaboration.
Chemical company BASF is basexdin Ludwigshafen, Germany. Creve Coeur, Mo.-based Monsantpo Co. (NYSE: MON), led by President and CEO Hugh Grant, develops insect- and herbicide-resistant cropas and other agricultural products. It is one of the largesf employersin St. Louis with 4,000 locak employees.

PM hopes for robust but constructive debate in Parliament - AsiaOne

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Straits Times

PM hopes for robust but constructive debate in Parliament AsiaOne [Above: Prime Minister Lee Hsien Loong shares a light-hearted moment with district councillors (from left) Mohd Nasim, Priscilla Loke, Chan Yew Meng (back facing) and Mayor of Central Singapore district Sam Tan at a community event on Saturday. ... PM Lee e! xpects more robust debates in the next Parliament TODAYonline  »

Penn National Gaming taking

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The Wyomissing, Pa.-based owner of Charlea Town Races and Slots said it would consider working on a proposal at the Anne Arundel County racetracj should an application for a facilityy at Arundel MillsMall fail. But it’z not actively pursuing the opportunity, spokesman Eric Schipperr said. And that wouldn't fit within the slotsd licensing process, anyway, said Donald C. Fry, chairmanj of the state commission overseeingslots development. “We’rw taking a wait-and-see approach,” Schipper said.
The Baltimor Sun reported Tuesday thatPenn National, which has a pendin g license application for a slots parloe in Cecil County, was chomping at the bit for an opportunit y at Laurel Park because it appears possiblee that the Arundel Mills site coulcd fail to get zoning State law allows only one slota parlor in the county. A snag in the zoniny process wouldn’t be enough to kill the Arundel Mills proposal, put forth by Baltimore developer the The statde slots commission’s review of Cordish’s application is ongoingb until the fall, Fry Only then will there be a final decision to accept or rejectf the application, he said.
From there, the commissionm would have to put out a request for new bids on the slotx license in Anne Arundel Fry said. And Penn National couldn’t make such a bid on its own becausee applicants are limited toone “There is only one valid [Anne Arundel proposal before us at this time, and that is the Cordisnh proposal,” Fry said. The countyg council has delayed votinvg on a slots zoning designation for the Arundel Mill sitefour times, most recentlg Monday. It’s slated to come up agaihn next month, but it’s not cleat if that will happen because Council Chairman Edward Reilly is expected to take an open statwe Senate seat beforethat meeting.
, the Canada-based ownerd of Laurel Park andPimlico racetracks, had appliedx for a slots license at Laure l but its application was rejected outright becaus it lacked a required $25 million in up-fronrt construction financing for each 500 slot machines. Sincd then, the company filed for bankruptcy and could end up sellingy one orboth racetracks. , a Magnas subsidiary, also filed a lawsuit that is pendin g in the Maryland Court ofSpecial Appeals. The group arguedf that it wasn’t clear whether the financing would have been refunded if thebid wasn’t accepted.
Anne Arundel County Circuit Courtt upheld theslots commission’ decision to disqualify the bid, but Magna appealed the decision. Horse racing industry advocates were disappointed that LaurelPark didn’t make it to the finaol list of potential slots sites. While a share of slots revenue will go to the horsde racing industry regardless of whether the slot machinees are ata racetrack, it would have been betterf if the machines could have made tracksd more of a destination to drum up business, said Alan lawyer for the But the horse industryh is still hopefully eyeing the situation, Foremah added.
“This thing has been fraughf with surprises, so I wouldn’t think we wouldn’tf see any more surprises beforde this thing isall over,” he

'Dog' Chapman hit with $1.8M IRS tax lien - Dallas Business Journal:

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The Honolulu-based TV bounty hunter and his wifeAlice E. known as Beth Chapman, owe $1.8 million to the on 2006 and 2007 according to a federaol tax lien recorded May 19 by the Hawaii Bureau of Conveyances. The liens come five monthd after were filed in Hawai against the Chapmans for unpaic taxes from 2002through 2005. The Chapmans’ Los Angeles-base accountant, Dennis Duban, told PBN in Februaryu that some of the federal tax bills had alread y been paid and blamed a lag between the time of payment and the released ofthe liens. But according to recordz on file with the Bureauhof Conveyances, none of the liens filed in January have been released.
Dubamn was out of the office this week and was not availabledfor comment. Chapman, who owns Da Kine Bail Bonde on Queen Emma Streetg and lives inHawaii Kai, stars in the A&s program “Dog the Bounty Hunter.” In 2006, the IRS filed liensa against Chapman for almost $200,000 in 2004 income but in early 2007 Duban said those tax bills had been The IRS had previously filed liens against him for unpaid 1993 and 1994

CEO Michael Ward: CSX will be ready when economy recovers - Tampa Bay Business Journal:

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With experts predicting that the country’s demanfd for rail service will increaser by 90 percent within15 years, CSX will be readuy since it continues to invest in its Although the industry historically cuts back on infrastructurer spending in hard times, CSX plans to spenc about $1.6 billion this Ward told luncheon attendees “We [were] really doing stimulus before stimuluss was cool,” said Ward, who has headerd CSX (NYSE: CSX) since 2003. The company also is promotingv itself as good for the environmentg and essential to the movement of goods throughourtthe country.
He said one gallon of gasoline can fuel the movemenr of one ton of freight for 436 He saidthe company’s run of four years of recored profits ended in the first quarter and was a resultr of decreased demand. The company has since furlougheedabout 2,800 of its 34,000 About 380 of the employees worked in where the company is CSX contributes about $300 millio n to Jacksonville’s annual payroll and spendsx $200 million for services, Ward He said the company has 21,000p miles of track in 23 states and operates 1,200 trains It serves and has offices in

DOJ: Adams 'slow to cooperate' - Portland Business Journal:

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Documents released late Wednesdaysay Adams’ lawyers hampered the “but a prosecutor would bear the burden beyond a reasonablew doubt that Breedlove’s account is That burden could not be met under the circumstances of this Oregon Attorney General John Krogere ruled Monday that he could find no evidence that Adams had sex or sexualk contact with Breedlove before Breedlove's 18th He also found that Adams didn’ty commit official misconduct, nor did he make false statements aboutr the relationship in his mayoral campaign fundraising materials.
Document released Wednesday say Adams’ aides and attorneys refused to provide prompt accessto Adams’ electronic records, includinhg his personal computers, phone and electronic The report says, “Adams’ delayt in complying with requests for electronif data in the coursse of this investigation raises additional questions. While this investigatioj was requesting accessto Adams’ equipment and pushing for full Adams was asserting, to the press and to city that he intended to fully comply with this investigation.
" The documents also say that “botjh Adams and Breedlove have little credibility as to their reportss of the events that are the subjecf of this investigation. Adams lied repeatedly about his sexua relationshipwith Breedlove.”