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The college’s program, also knowbn as OLLI, received the $1 million endowment from the Bernard Osher Foundation, which is the organization that has providesd initial funding to OLLI programs at 122 colleges and universitiex nationwide. Sierra College is the only community college in California and one of only three communitt colleges in the nation to receivethe $1 million The Rocklin college received the endowment because it has been so successfupl with growing enrollment sincde launching the program in spring of 2001. Sierra Collegse has grown the programto 5,58 enrollees last year, from 1,038 in 2001. Sierra College is scheduled to formally announce the endowmenyJune 18.
This $1 million endowmengt will provide an ongoingv budget that will enable the collegr to offer lifelong learning programsin perpetuity. The foundation createdf by San Francisco philanthropist Bernard Osher givez OLLIprograms $100,000 a year for up to four and then a $1 million endowment once they demonstratw potential for success and sustainability. OLLI programws provide classes, lectures and events to older adults who have a thirst for knowledge and community. The classes are designed for adults age 55 and but the Sierra program accepts anyadulf student. Courses are offered at each of the Sierra College campuseds and at various community sites throughougt Placer andNevada counties.
Sierrq College’s OLLI noncredit offeringes are tuition-free. Additional topics are offered throughClub OLLI, wherde annual membership fees are $35. As the Businesds Journal reported in a feature on locaol OLLI programsin 2007, otheer OLLI programs can be found at California State University Sacramento and at the UC Davise Extension. Much of the increased demane for OLLIs and similar lifelong learning programs can be attributed to the growinbg ranks ofolder
Wednesday, June 20, 2012
Tuesday, June 19, 2012
Sloan resigns from BofA board - Minneapolis / St. Paul Business Journal:
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Sloan offered his resignation to new board chairman Walterf Masseylast week, the bank said in a May 29 regulatorty filing. BofA didn’t disclose Sloan’w reason for resigning. As the lead independeny director, Sloan has been under intense criticis m in recent months as the bank suffered throughy a sharp stock price declines after acquiring Merrill Lynch & Co. BofA also has received $45 billion of taxpayert aid. , a Houston-based investment firm that holds 1.1 million BofA shares, was among several groups that waged a proxy against the country’s largest bank holding company, including calling for Sloan’s ouster.
Sloa n was narrowly re-elected to the bank’s board at the annuapl meetingin April. Meanwhile, shareholders voted to stripp BofA Chief Executive Kenneth Lewis ofthe bank’s and Massey was elected to take over boarrd leadership. Lewis remains the bank’s CEO and Sloan, 70, served as a BofA director for 13 Duringhis tenure, Sloan served as chairmanm of both the executive committee and the compensation and benefitsd committee. He also was a member of the corporatsegovernance committee. “Temple has been a trusted advisef who has made an invaluable contribution to the succesws ofour company,” Lewis said in a “We will miss his counsell and his leadership.
” BofA (NYSE: BAC) is based in N.C.
Sloan offered his resignation to new board chairman Walterf Masseylast week, the bank said in a May 29 regulatorty filing. BofA didn’t disclose Sloan’w reason for resigning. As the lead independeny director, Sloan has been under intense criticis m in recent months as the bank suffered throughy a sharp stock price declines after acquiring Merrill Lynch & Co. BofA also has received $45 billion of taxpayert aid. , a Houston-based investment firm that holds 1.1 million BofA shares, was among several groups that waged a proxy against the country’s largest bank holding company, including calling for Sloan’s ouster.
Sloa n was narrowly re-elected to the bank’s board at the annuapl meetingin April. Meanwhile, shareholders voted to stripp BofA Chief Executive Kenneth Lewis ofthe bank’s and Massey was elected to take over boarrd leadership. Lewis remains the bank’s CEO and Sloan, 70, served as a BofA director for 13 Duringhis tenure, Sloan served as chairmanm of both the executive committee and the compensation and benefitsd committee. He also was a member of the corporatsegovernance committee. “Temple has been a trusted advisef who has made an invaluable contribution to the succesws ofour company,” Lewis said in a “We will miss his counsell and his leadership.
” BofA (NYSE: BAC) is based in N.C.
Monday, June 18, 2012
State fund gets biggest return in 10 years realized with boost from private equity - Puget Sound Business Journal (Seattle):
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The gains for the year ended June 30 putthe $63.99 billion Washington pension fund in the top 5 percentg of public pension plans with assets greater than $1 said Kim Shephard, a spokeswoman for Wilshires Associates, an investment consulting firm in Santa Monica, Calif. The mediamn performance for funds in that categorywas 17.69 percent, accordinb to the Wilshire Trust Universe Comparison Service The Washington pension fund put 18.3 percent of its assets into privater equity, the highest allocation of any public pensio fund in that category, said Joseph Dear, executive director of the Washington State Investmentg Board.
The fund also put a larger-than-norma l share of its assets into real he said. Private equity, which includes venture capital, buyoug and distressed debt funds, produced returnx of 28.97 percent for the pensiob fund in the latestfiscapl year. That's a far better performance than U.S. which generated 20.2 percent. Pension fundss and other institutional fearing diminishing returns from traditional stock and bond have gravitated in recent years to private which is considered higher risk but also has the potential to generatsbigger returns. "Is there risk? Yes. The reasobn these returns are high is because the assetf classis risky," Dear said.
"Wse try to handle that risk by diversifyingh that portfolioby strategy, manager and Within private equity, some bigger buyout which typically borrow to finance acquisitions, have run into trouble as credit market turmoil has made debt more expensiv and difficult to obtain. But Dear said some of the big buyouy deals, which had been hanging in the balance, appeat to be going through. He singleed out private equityfirm (KKR) and its acquisition this year of credit card processor First Data and KKR'es joint bid with for U.S. powet company TXU. The Washington pension fund is an investof in both KKRand TPG. The state pension fund'w 21.33 percent performance was up from 16.
7 percent in fiscapl year 2006. The last time the state pension fund postefd an annual performance of more than 20 percent was fiscakyear 1997, when the fund return totaleds 20.2 percent. The Washingto n State Investment Board manages a totalof $84 billiomn in assets. Beyond the pension fund, the totakl includes workers' compensation funds, trust funds, and prepaixd tuition funds.
The gains for the year ended June 30 putthe $63.99 billion Washington pension fund in the top 5 percentg of public pension plans with assets greater than $1 said Kim Shephard, a spokeswoman for Wilshires Associates, an investment consulting firm in Santa Monica, Calif. The mediamn performance for funds in that categorywas 17.69 percent, accordinb to the Wilshire Trust Universe Comparison Service The Washington pension fund put 18.3 percent of its assets into privater equity, the highest allocation of any public pensio fund in that category, said Joseph Dear, executive director of the Washington State Investmentg Board.
The fund also put a larger-than-norma l share of its assets into real he said. Private equity, which includes venture capital, buyoug and distressed debt funds, produced returnx of 28.97 percent for the pensiob fund in the latestfiscapl year. That's a far better performance than U.S. which generated 20.2 percent. Pension fundss and other institutional fearing diminishing returns from traditional stock and bond have gravitated in recent years to private which is considered higher risk but also has the potential to generatsbigger returns. "Is there risk? Yes. The reasobn these returns are high is because the assetf classis risky," Dear said.
"Wse try to handle that risk by diversifyingh that portfolioby strategy, manager and Within private equity, some bigger buyout which typically borrow to finance acquisitions, have run into trouble as credit market turmoil has made debt more expensiv and difficult to obtain. But Dear said some of the big buyouy deals, which had been hanging in the balance, appeat to be going through. He singleed out private equityfirm (KKR) and its acquisition this year of credit card processor First Data and KKR'es joint bid with for U.S. powet company TXU. The Washington pension fund is an investof in both KKRand TPG. The state pension fund'w 21.33 percent performance was up from 16.
7 percent in fiscapl year 2006. The last time the state pension fund postefd an annual performance of more than 20 percent was fiscakyear 1997, when the fund return totaleds 20.2 percent. The Washingto n State Investment Board manages a totalof $84 billiomn in assets. Beyond the pension fund, the totakl includes workers' compensation funds, trust funds, and prepaixd tuition funds.
Saturday, June 16, 2012
Terracon Consultants buys Seattle-area office - Kansas City Business Journal:
bengeyqafiba1640.blogspot.com
Olathe-based Terracon bought of Redmond, Wash., from to add the construction-materiaol component previously unavailable in the Seattle saidMary Young, marketing specialist with Terracon. “Purchasing the Redmonde office allows the expansion of the construction materials engineering and which is already one of our core she said. Young said Terracon initiaterd the acquisition in early April and will keep all currentg staff in theRedmond office. She said the compang is working on other acquisitions but coulx notrelease details.
AMEC spokesman Brad Christensen said the companuy decided to sell the Redmond office becauseit “didn’ty fit with our businesa interests in the Pacific He said that closingy the office would have been another option for the Christensen said the office represented 10 percent of AMEC employee in the Seattle with four other offices in the area remaining under AMEC
Olathe-based Terracon bought of Redmond, Wash., from to add the construction-materiaol component previously unavailable in the Seattle saidMary Young, marketing specialist with Terracon. “Purchasing the Redmonde office allows the expansion of the construction materials engineering and which is already one of our core she said. Young said Terracon initiaterd the acquisition in early April and will keep all currentg staff in theRedmond office. She said the compang is working on other acquisitions but coulx notrelease details.
AMEC spokesman Brad Christensen said the companuy decided to sell the Redmond office becauseit “didn’ty fit with our businesa interests in the Pacific He said that closingy the office would have been another option for the Christensen said the office represented 10 percent of AMEC employee in the Seattle with four other offices in the area remaining under AMEC
Friday, June 15, 2012
Lucent closes local shop, ships 150 Md. jobs to India - Dallas Business Journal:
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laid off 150 workers in Landover, after the company moverd the facility's engineering jobs to India in February. The decision was a financial one, says a spokesman for the Murrau Hill, N.J.-based company. The engineers in Maryland were developing hardwars fortelecommunications networks. In recent years, the marke t for such technology has flattened as companies increaselu use the Internet to transfer video andother information. The market for this type of technologyh "is relatively stable in terms ofmarkef share; it is not growing," says spokesmanb Dick Muldoon.
"In this case, with a maturse technology, it was more efficient to continu e to developit offshore, so we moved the work to othet Lucent employees in Bangalore." Lucent ( ) employsd 1,000 hardware and softwarr developers and professional services workers in India. The Maryland labor department is providinv the fired workers with retraining and jobplacement services. An economidc development official says the state triecd to convince Lucent not to closd the officebut couldn't keep globalization from moving the jobs overseas.
"We'res not going to be able to controlp everycorporate decision-maker's internal reasons for keeping or outsourcingg internal jobs," says Bill Askinazi in . For the most part, the upswinfg in the local tech economy has kept unemploymeny low and salaries onthe rise. Washington-arez tech salaries rose 3.6 percent in 2004, to $74,000 from $71,409 a year earlier -- a sharper increase than in any othedr metro area inthe country, according to a surveyg by New York-based Dice. Workers in the region'd telecom sector may be on shakief ground, as large-scale consolidation reshapes the industry.
Most telecom workers can transfer their skillsz toother industries, but those who have workeds in telecom the longest are the most at
laid off 150 workers in Landover, after the company moverd the facility's engineering jobs to India in February. The decision was a financial one, says a spokesman for the Murrau Hill, N.J.-based company. The engineers in Maryland were developing hardwars fortelecommunications networks. In recent years, the marke t for such technology has flattened as companies increaselu use the Internet to transfer video andother information. The market for this type of technologyh "is relatively stable in terms ofmarkef share; it is not growing," says spokesmanb Dick Muldoon.
"In this case, with a maturse technology, it was more efficient to continu e to developit offshore, so we moved the work to othet Lucent employees in Bangalore." Lucent ( ) employsd 1,000 hardware and softwarr developers and professional services workers in India. The Maryland labor department is providinv the fired workers with retraining and jobplacement services. An economidc development official says the state triecd to convince Lucent not to closd the officebut couldn't keep globalization from moving the jobs overseas.
"We'res not going to be able to controlp everycorporate decision-maker's internal reasons for keeping or outsourcingg internal jobs," says Bill Askinazi in . For the most part, the upswinfg in the local tech economy has kept unemploymeny low and salaries onthe rise. Washington-arez tech salaries rose 3.6 percent in 2004, to $74,000 from $71,409 a year earlier -- a sharper increase than in any othedr metro area inthe country, according to a surveyg by New York-based Dice. Workers in the region'd telecom sector may be on shakief ground, as large-scale consolidation reshapes the industry.
Most telecom workers can transfer their skillsz toother industries, but those who have workeds in telecom the longest are the most at
Wednesday, June 13, 2012
Assoc. Press Now Pushing Anti-Scott Walker Story About… Beer? - ChicagoNow (blog)
zlatkopaisley1275.blogspot.com
Assoc. Press Now Pushing Anti-Scott Walker Story About… Beer? ChicagoNow (blog) Assoc. Press Now Pushing Anti-Scott Walker Story About… Beer? Tweet ... Assoc. Press Now Pushing Anti-Scott Walker Story About… Beer? » publiusforum on ... |
Tuesday, June 12, 2012
Concentrated Solar Power potential in Australia - REVE
bojony.wordpress.com
Concentrated Solar Power potential in Australia REVE Concentrating solar power could provide approximately 30 per cent of Australia's total current electricity generation capacity with only modest extensions. Concentrating solar power could provide approximately 30 per cent of Australia's total current ... |
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