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Canada Business News From Enterprises Is FreeBy Kenneth R. BlankenshipYou can give 24 hour customer service without hiring any supplemental employees.
On its own, naturally, commercial enterprise news is only one small piece of a awesome strategic planning puzzle.
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Milwaukee Succeeds hires first director<img src='http://assets.bizjournals.com/pittsburgh/print-edition/04-06-Fort-Couch-Middle-School*100.jpg?v=1'>Mike Soika has been named as the first director of Milwaukee Succeeds, a cradle-to-career educational partnership that aims to improve educational outcomes for all students in Milwaukee.
In his role, Soika will lead and direct the work of the partnership by continuing to recruit and engage partner organizations, oversee the work of the various committees and continue to move the partnership forward. He will start June 25.
?Mike brings a wealth of experience across the government and nonprofit...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=ybcbMhH5rRo:IQh12cMAUoQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=ybcbMhH5rRo:IQh12cMAUoQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=ybcbMhH5rRo:IQh12cMAUoQ:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=ybcbMhH5rRo:IQh12cMAUoQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=ybcbMhH5rRo:IQh12cMAUoQ:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=ybcbMhH5rRo:IQh12cMAUoQ:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
</div>Retired Deloitte partner Condon elected to Roundy's board<img src='http://assets.bizjournals.com/milwaukee/WaukeshaShoppesFoxRiverPickSave-0-255-374-307*100.jpg?v=1'>Roundy's Inc. said Thursday that retired Deloitte & Touche LLP partner Patrick Condon has been elected to the company's board, expanding the number of directors to seven.
Roundy's (NYSE: RNDY) is a Milwaukee-based operator of grocery stores under the Pick 'n Save, Metro Market, Copps, Rainbow and Mariano's Fresh Market names.
Condon has more than 40 years of experience in the accounting and finance industry that includes audit and consulting engagements at large public and private companies, as...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=u6ddQZNRHLU:TzcGHIksD-k:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=u6ddQZNRHLU:TzcGHIksD-k:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=u6ddQZNRHLU:TzcGHIksD-k:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=u6ddQZNRHLU:TzcGHIksD-k:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=u6ddQZNRHLU:TzcGHIksD-k:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=u6ddQZNRHLU:TzcGHIksD-k:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
</div>MGIC sues Freddie Mac <img src='http://assets.bizjournals.com/milwaukee/print-edition/020312_MGIC03-copy*100.jpg?v=1'>Mortgage Guaranty Insurance Corp. said Thursday it filed a lawsuit against Freddie Mac and the Federal Housing Finance Administration in what MGIC said is an effort to resolve a dispute over how MGIC reports losses on pooled loans.
Milwaukee-based private mortgage insurer MGIC, which is a subsidiary of MGIC Investment Corp. (NYSE: MTG), said it has previously disclosed the dispute in regulatory filings. The suit was filed in U.S. District Court in Milwaukee.
?That we took the initiative in seeking...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=Y3M2Z_do9YE:wuHxLMa6qv8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=Y3M2Z_do9YE:wuHxLMa6qv8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=Y3M2Z_do9YE:wuHxLMa6qv8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=Y3M2Z_do9YE:wuHxLMa6qv8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=Y3M2Z_do9YE:wuHxLMa6qv8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=Y3M2Z_do9YE:wuHxLMa6qv8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
</div>Wisconsin drops 6,200 private sector jobs; jobless rate dips<img src='http://assets.bizjournals.com/milwaukee/JobsIconCarousel315*100.jpg?v=1'>The state of Wisconsin lost 6,200 private sector jobs in April, according to a new report from the Wisconsin Department of Workforce Development.
The agency reported U.S. Bureau of Labor Statistics data Thursday that showed the state losing a total of 5,900 public and private nonfarm jobs in April, compared with March. The state's seasonally adjusted unemployment rate, nonetheless, dipped another tenth of a percentage point to 6.7 percent and is now down from 7.5 percent in April 2011.
Reggie Newson,...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=EuboVMjGIAY:Qc9CrRnEnUc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=EuboVMjGIAY:Qc9CrRnEnUc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=EuboVMjGIAY:Qc9CrRnEnUc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=EuboVMjGIAY:Qc9CrRnEnUc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=EuboVMjGIAY:Qc9CrRnEnUc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=EuboVMjGIAY:Qc9CrRnEnUc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
</div>RMT picked to build Colorado wind farm<img src='http://assets.bizjournals.com/milwaukee/news/windfarmturbine600x400*100.jpg?v=1'>RMT Inc., a renewable energy contractor and unit of Alliant Energy Corp., of Madison, said Thursday that it has been awarded a contract to build the Colorado Highlands Wind project in that state's Logan County.
Under the contract awarded by developer Alliance Power Inc., Madison-based RMT will design and construct the 67-megawatt wind farm, providing engineering, procurement and construction of the civil and electrical infrastructure to support the installation of 42 GE 1.6-megawatt wind turbines...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=v5_Q5_J_fGg:Wzlj3W7TmFo:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=v5_Q5_J_fGg:Wzlj3W7TmFo:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=v5_Q5_J_fGg:Wzlj3W7TmFo:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=v5_Q5_J_fGg:Wzlj3W7TmFo:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=v5_Q5_J_fGg:Wzlj3W7TmFo:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=v5_Q5_J_fGg:Wzlj3W7TmFo:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
</div>BID consultant says filling dead space, arena are keys to downtown<img src='http://assets.bizjournals.com/milwaukee/blog/real_estate/051712-DowntownBID1BradleySegal_Ryan340*100.jpg?v=1'>Downtown Milwaukee?s biggest challenge is not an economic or business issue, but rather the problem of wide-open dead spaces with little activity dividing the livelier areas, according to a consultant hired by the Downtown BID.
?That?s not bad news,? said M. Bradley Segal, president of Progressive Urban Management Associates, of Denver. ?There?s a lot of cities that have a lot more fundamental weaknesses in their economic structure.?
Segal is working with the Milwaukee Downtown Business...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=NZy6VKrk1fE:Eu65v_6evD4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=NZy6VKrk1fE:Eu65v_6evD4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=NZy6VKrk1fE:Eu65v_6evD4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=NZy6VKrk1fE:Eu65v_6evD4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=NZy6VKrk1fE:Eu65v_6evD4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=NZy6VKrk1fE:Eu65v_6evD4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
</div>MPS graduation rate improves <img src='http://assets.bizjournals.com/milwaukee/news/ThorntonGregory_mug_4c*100.jpg?v=1'>The graduation rate at Milwaukee Public Schools has increased 17 percent since the 1999-2000 school year, according to data released by the state Thursday.
The district's graduation rate now stands at approximately 69 percent for 2010-11, up 1.9 percent from 2009-10 and 17 percent, from a 52 percent graduation rate, in 1999-2000, according to the Wisconsin Department of Public Instruction.
?We have much more work to do, but these numbers ? along with ACT score growth and growth in 10th grade...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=3nQsrH2oTVk:uudp98WDnWo:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=3nQsrH2oTVk:uudp98WDnWo:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=3nQsrH2oTVk:uudp98WDnWo:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=3nQsrH2oTVk:uudp98WDnWo:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=3nQsrH2oTVk:uudp98WDnWo:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=3nQsrH2oTVk:uudp98WDnWo:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
</div>Wisconsin cities among worst in 12-month jobs data<img src='http://assets.bizjournals.com/milwaukee/Wisconsin_Madison_540_309*100.jpg?v=1'>All but 14 of the nation's 100 biggest metropolitan areas added jobs during the past 12 months, and two of the three worst performing metros were in Wisconsin.
According to the latest figures from the U.S. Bureau of Labor Statistics and compiled by Bizjournals On Numbers columnist G. Scott Thomas, two Wisconsin metros were among three top-100 markets to lose more than 4,000 jobs during the past year: Madison (down 4,600) and Milwaukee (down 4,300). Only Augusta, Ga., fared worse, ranking last in...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=I7kAFPljU7Q:K1gUG4JUMCE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=I7kAFPljU7Q:K1gUG4JUMCE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=I7kAFPljU7Q:K1gUG4JUMCE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=I7kAFPljU7Q:K1gUG4JUMCE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=I7kAFPljU7Q:K1gUG4JUMCE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=I7kAFPljU7Q:K1gUG4JUMCE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
</div>Bon-Ton's 1Q loss widens<img src='http://assets.bizjournals.com/milwaukee/news/BostonStoreMayfair315x304*100.jpg?v=1'>The Bon-Ton Stores Inc., the parent of Boston Store and other department store chains, said Thursday that its net loss for the fiscal first quarter widened because of aggressive markdowns on merchandise, resulting on reduced margins for the quarter.
Bon-Ton (Nasdaq: BONT), which is based in Milwaukee and York, Pa., reported a net loss of $40.8 million, or $2.23 per share, compared with a net loss of $36 million, or $2.01 per share, for the same period a year ago. First-quarter sales declined 1.4...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=gZB0YUJhotQ:IDgQB6ssQKI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=gZB0YUJhotQ:IDgQB6ssQKI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=gZB0YUJhotQ:IDgQB6ssQKI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=gZB0YUJhotQ:IDgQB6ssQKI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=gZB0YUJhotQ:IDgQB6ssQKI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=gZB0YUJhotQ:IDgQB6ssQKI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
</div>Warren Buffett increases stake in Wells FargoBerkshire Hathaway, which is owned by Warren Buffett, continues to increase its ownership stake in Wells Fargo & Co. The firm bought 10.6 million shares of Wells Fargo in the first quarter.<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=aqmjtDZ6j8M:qPZbPcxlp44:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=aqmjtDZ6j8M:qPZbPcxlp44:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=aqmjtDZ6j8M:qPZbPcxlp44:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=aqmjtDZ6j8M:qPZbPcxlp44:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=aqmjtDZ6j8M:qPZbPcxlp44:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=aqmjtDZ6j8M:qPZbPcxlp44:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a>
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Obtain to understand local syndicate commonage whereas he make the corporation news area of your newspaper. Sign up for breaking news headlines to be alerted in which time a major story develops. In any case you put a link in your news story for various information everyone other-directed by what your news story or press release is saying are just one click away from being a customer.
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Learn about breaking corporation news originally, with your local BizJournal's RSS feed or subscriber based email alert system. Take in the purpose industrial is playing and you'll totally agree that co partnership is the come back to global poverty.
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Kenny is an experienced family business consultant and business coach who specialized in helping business owners and farmers understand the power of effective communications. Day to day decisions add up to create life long strategies so they are the most important ones any of us is likely to have. To have strategic conversations means to talk about what's important constructively so every decision takes you closer to your objectives. Click here for a free report that will help build your company's capabilities for a brighter future.
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PJM plans $2B in grid upgrades
PJM Interconnection said Thursday that its board of directors has approved more than 130 upgrades worth nearly $2 billion to the transmission grid it manages.
The Valley Forge, Pa.-based grid operator and power wholesaler said the upgrades are necessary because of plans by generation companies on its grid to retire nearly 14,000 megawatts of generation capacity between May 2012 and the end of 2015. The capacity being retired consists mostly of older, coal-burning power plants, which are dirty and...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=yJKJZBKdmXI:r5tDAzFH9-M:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=yJKJZBKdmXI:r5tDAzFH9-M:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=yJKJZBKdmXI:r5tDAzFH9-M:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=yJKJZBKdmXI:r5tDAzFH9-M:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=yJKJZBKdmXI:r5tDAzFH9-M:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=yJKJZBKdmXI:r5tDAzFH9-M:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=qj6IDK7rITs" border="0"></img></a>
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Comcast to test two Internet data plans
Ding dong, the cap is dead.
As I wrote earlier this afternoon, Comcast has lifted the 250 gigabyte-per-month data-transmission cap it imposed on its residential Internet customers four years ago.
The cap may not stay off, but it won?t be 250 GB again.
Comcast officials said on the company?s blog and in a conference call that Comcast plans to test at least two data-management approaches ? giving all its residential customers a 300 GB-per-month cap; and giving the customers who subscribe to...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=wLANAp3DRwo:RWkQB6tfQW4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=wLANAp3DRwo:RWkQB6tfQW4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=wLANAp3DRwo:RWkQB6tfQW4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=wLANAp3DRwo:RWkQB6tfQW4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=wLANAp3DRwo:RWkQB6tfQW4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=wLANAp3DRwo:RWkQB6tfQW4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=qj6IDK7rITs" border="0"></img></a>
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Firm trying to fight off GlaxoSmithKline takeover
<img src='http://assets.bizjournals.com/washington/news/2010/11/16/Human-Genome-Sciences-HQ_web*100.jpg?v=1'>Human Genome Sciences Inc, which has rejected a hostile $13-per-share offer from GlaxoSmithKline, has adopted a short-term stockholder rights plan to fend off such unwanted attention.
Rockville, Md.-based Human Genome (NASDAQ:HGSI) said in a statement announcing the plan that it had declared a dividend of one share purchase right for each share of the company's common stock held of record at the close of business on May 29.
Human Genome said that the rights plan was "intended to allow the company...<div class="feedflare">
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The Barnes Foundation?s new home: Slideshow
<img src='http://assets.bizjournals.com/philadelphia/blog/peter-van-allen/1%20barnes%20and%20skyline*100.jpg?v=1'>The Barnes Foundation?s new site in Philadelphia will open this weekend.
After a 10-year process that included legal wrangling and the raising of $200 million, the Barnes moved its art collection from suburban Merion, Pa., to a brand new, 93,000-square-foot building on the Ben Franklin Parkway.
The collection includes works by Matisse, Picasso, van Gogh, Cezanne, Renoir, Prendergast, Monet and other masters.
It will open to the public on Saturday.
On Wednesday, officials unveiled the new site...<div class="feedflare">
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Comcast raising customers' Internet data limit
Comcast Corp. said Thursday it will raise its data transmission limit on residential Internet customers from 250 gigabytes per month.
The Philadelphia-based telecommunications, media and entertainment giant said in a post on its blog that it will test two approaches, both of which will allow customers to send and receive at least 300 GB of data per month.
One approach will give customers of its three cheapest Internet service plans a cap of 300 GB and give customers of more expensive plans higher...<div class="feedflare">
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Foreclosure filings up in Phila. region, down nationally: RealtyTrac
<img src='http://assets.bizjournals.com/denver/THINKSTOCKForeclosureForecloseCar315*100.jpg?v=1'>Foreclosure filings declined nationally in April but rose locally, according to RealtyTrac, the California company that tracks the data.
RealtyTrac said foreclosure filings ? default notices, scheduled auctions and bank repossessions ? were reported on 188,780 U.S. properties in April, the lowest monthly total since July 2007.
April foreclosure activity decreased 5 percent from the previous month and was down 14 percent from April 2011. One in every 698 U.S. housing units had a foreclosure...<div class="feedflare">
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IBC Foundation donates money to PCOM center in Phila.
The Philadelphia College of Osteopathic Medicine Healthcare Center, Lancaster Avenue division, received a $50,000 grant from the Independence Blue Cross Foundation to implement a patient-centered medical home to improve primary-care services to residents in what the medical school described as an ?underserved and at-risk? West Philadelphia community.
A patient-centered medical home is a team-based model of care led by a personal physician who provides continuous and coordinated care throughout...<div class="feedflare">
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Auxilium says new patent further protects its Testim testosterone gel
The U.S. Patent and Trademark office issued another patent for Testim Thursday to Auxilium Inc. and FCB.
Auxilium, a testosterone gel, is marketed by Auxilium (NASDAQ:AUXL) under a license from FCB of Mahwah, N.J.
The patent, which the companies said claims certain pharmaceutical compositions comprising testosterone, is expected to expire in April 2023.
?We are very pleased that, in addition to the nine previously issued patents covering methods using Testim, the franchise is now further protected...<div class="feedflare">
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Atlas Resource to buy Barnett Shale reserves, raises guidance
Atlas Resource Partners LP said Thursday it has agreed to acquire 250 billion cubic feet equivalent of natural-gas reserves in the Barnett Shale formation in Texas for $184 million in limited partner units.
The Philadelphia-based partnership struck the agreement with Titan Operating LLC, a privately held company based in Fort Worth, Texas.
Atlas Resource (NYSE:ARP) said the deal has been approved by its board of directors and will be effective as of Jan. 1, 2012. It expects the deal to close in...<div class="feedflare">
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Peco announces tree pruning locations in Delco
Peco Energy Co. said Thursday it will spend $1.4 million pruning trees along 300 miles of aerial electric lines in Philadelphia and Delaware County.
The Philadelphia-based electric-and-gas utility said the pruning will begin at the end of May and continue through early September. A list of the Delaware County communities that will see the pruning is here.
The subsidiary of Chicago-based Exelon Corp. (NYSE:EXC) will spend $28 million on its vegetation management program this year.<div class="feedflare">
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Freedom Communications sells four papers
Freedom Communications Inc. has sold four papers in the Midwest to an affiliate of Philadelphia private equity firm Versa Capital Management LLC.
The four papers are:
The Telegraph in Alton, Ill.The Journal-Courier in Jacksonville, Ill.The Sedalia Democrat in Sedalia, Mo. The Lima News in Lima, Ohio
Terms of the deal were not disclosed. The sale is expected to close within 30 days.
According to a release from Freedom, "(s)ubstantially all current employees will transition to the new company."
The...<div class="feedflare">
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CalPERS ups contributions for state employee pensions
California will pay 5.7 percent more in the next fiscal year for state employee pensions, according to the California Public Employees? Retirement System.
The state of California will pay $3.7 billion in fiscal 2012-2013, which begins in July, up from $3.5 billion it is paying in the current fiscal year.
The CalPERS board of administration approved the new rates Wednesday. They will go into effect July 1.
The $213 million increase is needed because of the change in economic assumptions approved...<div class="feedflare">
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California jobless claims rise by 1,600
<img src='http://assets.bizjournals.com/boston/jobsearch*100.jpg?v=3'>The number of people filing new jobless claims across the country was stagnant at 370,000, with no change from the previous week, according to a weekly report from the U.S. Department of Labor. California, however, saw an increase in new claims.
The four-week moving average was 375,000, or a drop of 4,750 from the previous week.
The number of people claiming unemployment benefits was 6,273,624, a decrease of 149,759 from the previous week.
The Golden State reported an increase in claims of 1,613....<div class="feedflare">
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MIG Real Estate makes first buy in Texas
<img src='http://assets.bizjournals.com/houston/news/Logo_MIG*100.jpg?v=1'>MIG Real Estate LLC has bought its first Texas property, Wynhaven at Willowbrook, a multifamily community in Houston.
The Newport Beach-based real estate investment company is expanding its investment strategy and looking into opportunities in the Sunbelt and the Western U.S., the company said in a May 16 statement.
Wynhaven is a 372-unit community with an occupancy rate of 96 percent.
The local submarket experienced 4 percent rent growth last year, and growth is projected at 10 to 15 percent...<div class="feedflare">
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California mortgage, consumer debt drops
<img src='http://assets.bizjournals.com/stlouis/creditcards3*100.jpg?v=1'>The average Californian owes less in credit card and mortgage debt than they did last year, according to a new report, but credit scores still dropped a little.
According a monthly report from Credit Karma, Californians owed $303,745 in mortgage debt in April, compared to $309,579 in March and $311,551 in April 2011.
Californians also owed an average $5,674 in credit card debt, compared to $5,900 in March and $6,384 in the year earlier period. Student loan debt fell to $29,069, but auto debt rose...<div class="feedflare">
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Warren Buffett?s Berkshire Hathaway boosts stake in Wells Fargo
<img src='http://assets.bizjournals.com/charlotte/warren%20buffett%201%20315*100.jpg?v=1'>A regulatory filing from Warren Buffett?s Berkshire Hathaway Inc. shows the legendary investor has increased his holdings in Wells Fargo & Co. and several other companies, The Wall Street Journal reports.
Buffett raised his longtime stake Wells Fargo (NYSE:WFC) at the end of 2011 as well.
Berkshire Hathaway?s filing also reveals new investments in Viacom Inc. and General Motors Co., though the WSJ speculates that those might have been made by the company?s new portfolio managers, Todd Combs...<div class="feedflare">
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Skechers settles false advertising suit
<img src='http://assets.bizjournals.com/losangeles/news/kimkardashian*100.jpg?v=1'>Manhattan Beach's Skechers USA Inc. shoe company has settled a lawsuit accusing the company of false claims that its ?rocker-bottom? shoes promote weight loss and muscle strength. The company has also allocated as much as $40 million for consumer refunds nationwide.
Details about obtaining a refund are available on the Federal Trade Commission?s website.
The FTC, the District of Columbia and 44 attorneys general nationwide were involved in the lawsuit.
Skechers chose not to fight the lawsuit,...<div class="feedflare">
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Boeing prepares for U.S. defense spending cuts
Boeing Co., which has operations from its Defense, Space and Security division throughout Southern California, said it is preparing for the "distinct possibility" that U.S. defense spending will be cut by a total of $1 trillion over the next decade, the Chicago Tribune reports.
The defense division has laid off about 8,000 of 60,000 jobs over the past 18 months, but most of those positions have been shifted to other departments inside the company, such as the commercial sector.
If $500 million...<div class="feedflare">
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USC on cusp of Coliseum control
The University of Southern California is on the cusp of controlling its home football venue -- the Los Angeles Memorial Coliseum -- as the Coliseum Commission approved a measure that would give USC control of the venue, according to the Los Angeles Times.
The vote was approved 8-to-1, the report said.
Under the new lease, USC would control the facility until 2054. USC would fun $70 million in upgrades and take control of the revenue.
For more on the deal, read the original Times report.<div class="feedflare">
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Proposed budget cuts hit court system
<img src='http://assets.bizjournals.com/sanfrancisco/news/California_state_flag*100.jpg?v=1'>Gov. Jerry Brown?s proposal to whack trial court funding by $544 million this fiscal year will seriously compromise public access to justice, members of the judiciary said Monday.
The governor?s proposed May revision of the state of California budget includes a $300 million cut in trial court funding. It also delays $240 in spending on trial court construction and seeks to save $4 million by increasing retirement contribution for state court employees.
Chief Justice Tani Cantil-Sakauye said...<div class="feedflare">
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