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Articles - The Nitrous For An Online Home Based Business Opportunity By Len Bartholomew I have written quite a few articles about articles and their benefits, thinking to myself that I really understood the nature of articles and article marketing. For certain, after what I have experienced in the past couple of months with my own online home based business opportunity, I did not. As a matter of fact, I knew very little as to why I had to write and submit articles as the gurus instructed. I heard that it was because of the one way back links to my own web site. But that was not enough to motivate me. Eight months ago, I did not even know what a back link was. Instead, I focused on other aspects of internet marketing like Adwords, blogging, linking, list building and email marketing. These are all excellent endeavors, and they will help build the long term foundation that will eventually lead to success, but if you do incorporate article marketing into the repertoire of your internet marketing efforts, you will see improvements in the volume of website traffic to the tune of thousands, not the leanness that most marketers experience.
Articles are important for anyone with a website, big or small. Even an established online home based business opportunity is like a basketball with a leak in it. You have to keep pumping it up on a regular basis. There is a reason they say that the search engines like fresh content. The fresh content gets the most attention. The submission of one article to one article directory does not equal one back link to your website. It could mean thousands of back links to your website.
This can be explained by looking at a typical article directory. Each article is assigned a unique URL which is equal to one back link. Did you ever notice the article contents surroundings? These are the places that article back links multiply.
1. Featured (front page) - If your article is fortunate enough to land in the featured section of an article directory it is worth an additional back link in the search engines, the front page of an article directory is a web page
Our articles continue...
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Freedom Communications sells four papersFreedom 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">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=aBb8ZvlZS_g:NrIvh2fKmiA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=aBb8ZvlZS_g:NrIvh2fKmiA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>CalPERS ups contributions for state employee pensionsCalifornia 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">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=_RVw2BUwLRY:ERjWSAsss0I:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=_RVw2BUwLRY:ERjWSAsss0I:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=_RVw2BUwLRY:ERjWSAsss0I:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=_RVw2BUwLRY:ERjWSAsss0I:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=_RVw2BUwLRY:ERjWSAsss0I:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=_RVw2BUwLRY:ERjWSAsss0I:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>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">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=QhsdwHCtvMY:A9HnEoY5Sso:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=QhsdwHCtvMY:A9HnEoY5Sso:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=QhsdwHCtvMY:A9HnEoY5Sso:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=QhsdwHCtvMY:A9HnEoY5Sso:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=QhsdwHCtvMY:A9HnEoY5Sso:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=QhsdwHCtvMY:A9HnEoY5Sso:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>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">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=DNvTW70S6p8:bPgHL3kDGIc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=DNvTW70S6p8:bPgHL3kDGIc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=DNvTW70S6p8:bPgHL3kDGIc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=DNvTW70S6p8:bPgHL3kDGIc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=DNvTW70S6p8:bPgHL3kDGIc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=DNvTW70S6p8:bPgHL3kDGIc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>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">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=5AB-sRuysW8:29Foq2w_K1I:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=5AB-sRuysW8:29Foq2w_K1I:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=5AB-sRuysW8:29Foq2w_K1I:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=5AB-sRuysW8:29Foq2w_K1I:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=5AB-sRuysW8:29Foq2w_K1I:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=5AB-sRuysW8:29Foq2w_K1I:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>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">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=K7BXQhKxRn0:OhN_rTYy2Hs:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=K7BXQhKxRn0:OhN_rTYy2Hs:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=K7BXQhKxRn0:OhN_rTYy2Hs:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=K7BXQhKxRn0:OhN_rTYy2Hs:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=K7BXQhKxRn0:OhN_rTYy2Hs:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=K7BXQhKxRn0:OhN_rTYy2Hs:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>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">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Lqi1g1ZSWA0:QYXo4ozfQa8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Lqi1g1ZSWA0:QYXo4ozfQa8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=Lqi1g1ZSWA0:QYXo4ozfQa8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Lqi1g1ZSWA0:QYXo4ozfQa8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=Lqi1g1ZSWA0:QYXo4ozfQa8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Lqi1g1ZSWA0:QYXo4ozfQa8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>Boeing prepares for U.S. defense spending cutsBoeing 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">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=4Wz9SEs_H88:HK8zHW-brg8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=4Wz9SEs_H88:HK8zHW-brg8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=4Wz9SEs_H88:HK8zHW-brg8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=4Wz9SEs_H88:HK8zHW-brg8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=4Wz9SEs_H88:HK8zHW-brg8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=4Wz9SEs_H88:HK8zHW-brg8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>USC on cusp of Coliseum controlThe 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">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=dgcncRzKWXU:FSR_70orqg8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=dgcncRzKWXU:FSR_70orqg8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=dgcncRzKWXU:FSR_70orqg8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=dgcncRzKWXU:FSR_70orqg8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=dgcncRzKWXU:FSR_70orqg8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=dgcncRzKWXU:FSR_70orqg8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>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">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Tx5aovgek8M:Xt9nHtJT1mA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Tx5aovgek8M:Xt9nHtJT1mA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=Tx5aovgek8M:Xt9nHtJT1mA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Tx5aovgek8M:Xt9nHtJT1mA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=Tx5aovgek8M:Xt9nHtJT1mA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Tx5aovgek8M:Xt9nHtJT1mA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
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after all. It is probably the most important and the highest pr web page of the article directory. 2. Article categories - Most article directories have a category column. If you go into the category that you chose when submitting the article, you will find your article. The same one that has not only the unique, but also the featured url. This makes 3 back links. 3. Author profile - All of your articles will show up under the author's page or profile. 4. Most popular - If an article directory has one, the most popular articles, those having been read the most, will also have a web page of it's own. This makes 5 back links for one article. 5. Recent - Most article directories display a list of the most recent article submissions on their front page. Of course, since so many articles are submitted, they usually do not stay there for very long. Yet for a few days you will have 6 back links for the same article. 6. RSS or copying- this is where the internet shines. Five or six back links per article is never enough. You ever hear that webmasters are looking for fresh content for their WebPages? If nothing else, your article is being found sitting in an article directory, usually a very popular and high pr article directory, and "scraped" into a new web page by a very different website. Actually this is repeated by the thousands, especially if you submit the article to a couple of hundred high pr article directories. This is mostly done to build additional Adsense web pages and is income motivated. They are not stealing your article, only borrowing it on the condition that they leave your author's information intact, and thus creating yet another back link. It is these thousands of back links that actually push your web page to the top of the search engines quickly. Seem like a lot of work? Use one of the popular article submitter applications. Once your online home based business opportunity web page is on page one of the search engines it just becomes a matter of keeping it there. This is where regular article maintenance comes in. Monitor an article title's back links by searching it in the search engines with quotes around it to find the total number of back links the one article is creating. Count the number of days it takes to reach it's peak and start back down. That is when you will need to submit another article. Depending on the size of your niche market this could be daily, every few days, weekly, or even monthly. With regular traffic you should start making some money from your online home based business opportunity. You don't have to write all of these articles yourself. There are many ghost writing services that are more than willing to help you on your way to success. Just keep up the routine and your online home based business opportunity will behave like an automobile that is being injected with nitrous. Article Source: http://www.articles-galore.com Leonard Bartholomew, B.S. Computer Science, is an affiliate marketer for an organization that has been in business for more than six years. Find all of the qualification of an extraordinary online home based business opportunity. This is an original content publication authored personally by Leonard Bartholomew, 2006 and may be republished freely with the author's information included.
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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">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=aBb8ZvlZS_g:NrIvh2fKmiA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=aBb8ZvlZS_g:NrIvh2fKmiA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div> 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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</div> 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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</div> 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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</div> 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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</div> 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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</div> 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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</div> 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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</div> 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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</div> 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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</div>
Health care, economy top concerns of Bay Area small business, Bank of America survey says <img src='http://assets.bizjournals.com/sanfrancisco/Shanks,Emily_supl*100.jpg?v=1'>Bay Area small business owners' greatest concerns center on health care costs, credit availability and a recovery in consumer spending, according to Bank of America's inaugural survey of small business owners that the bank plans to conduct twice a year.
On an optimistic note, BofA's (NYSE: BAC) survey found Bay Area small business owners are more confident about prospects for the local economy than their counterparts in other markets surveyed.
In the Bay Area, 52 percent of respondents said the...<div class="feedflare">
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</div> Caveat crowdfunder! California warns investors to beware <img src='http://assets.bizjournals.com/sanfrancisco/news/California_state_flag*100.jpg?v=1'>Though the Internet has made raising money for business ideas very easy, California's government has warned investors to be "extremely cautious about crowdfunding."
"Unfortunately, the potential for fraud is significant," said Jan Lynn Owen, commissioner of California's department of corporations.
Crowdfunding is a way for many small businesses or creative people like artists, musicians or film makers to easily raise capital by soliciting small amounts from lots of people. (The Business Times will...<div class="feedflare">
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</div> Red Bull could fill America's Cup with cool <img src='http://assets.bizjournals.com/sanfrancisco/blog/red%20bull%20am%20cup*100.jpg?v=3'>San Franciscans love a party.
Blow up some fireworks. Pump loud music in the streets. Blaze klieg lights outside a theater.
These are the kinds of things that pique our curiosity, draw us out of our homes and to where the action is.
Yacht racing won't do that -- not for long stretches of time such as the July to September period in 2013 when dozens of races will be held in San Francisco Bay to determine the boat that will challenge for the America's Cup.
A big party? That's another story.
That's...<div class="feedflare">
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</div> U.S. puts 30% tariff on solar panels The United States is sticking it to Chinese solar panel makers and will enforce tariffs of 30 percent or more on equipment manufactured there and sold into the United States.
The U.S. Commerce Department decided to impose the tariffs, which are in addition to a 2.9 percent to 4.73 percent already imposed in March ? and the new tariffs will be retroactively applied 90 days.
"(The Department of) Commerce has now confirmed that Chinese manufacturers are guilty of illegally dumping solar cells and...<div class="feedflare">
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</div> Facebook prices stock at $38 Facebook priced its shares Friday at $38, giving the company a valuation of more than $100 billion, and the stock will start trading Friday morning on the NASDAQ under the symbol FB.
The world?s largest social networking Web site raised $16 billion at the price, which was above the initial $28 to $35 share price the company had initially sought. Of that, $6.84 billion will go to Facebook, while $9.16 billion will go to selling stockholders.<div class="feedflare">
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</div> Big Hewlett-Packard layoffs rumored Huge layoffs could be coming to Hewlett-Packard Co., according to rumors that are being widely reported Thursday.
Numbers being thrown around range as high as 35,000 -- according to Business Insider, which cited an unnamed source -- but HP (NYSE: HPQ) has not provided any confirmation or details.
HP's stock is down by more than half from what it was in early 2011, and the company employed a whopping 349,600 employees as of October 31, 2011, notes 24/7 Wall Street Wire.
The anticipated cuts are...<div class="feedflare">
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</div> UC Berkeley to consolidate HR, admin staff at West Berkeley site <img src='http://assets.bizjournals.com/sanfrancisco/news/Cal_Campanile_Yellow_Roses*100.jpg?v=1'>The University of California, Berkeley picked a site at Cedar and Fourth streets in the West Berkeley flatlands for a "shared services" center that will handle consolidated personnel, finance, research administration and information technology work now done in 200 separate places on the campus.
This new center, near Berkeley's Fourth Street shopping district, is "projected to generate significant savings for the campus," the university said.
Cal's division of biological sciences and its colleges...<div class="feedflare">
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</div> Heller Manus settles into its new office under the Transamerica Tower <img src='http://assets.bizjournals.com/sanfrancisco/blog/real-estate/Heller_Manus5*100.JPG?v=5'>Heller Manus Architects has debuted its new digs in the shadow of the Transamerica Tower in San Francisco.
The architecture firm took an unusual space for its new headquarters at 600 Montgomery St., which formerly housed restaurants.
Click the image to start a slideshow of the new Heller Manus headquarters. >>>
The space has been empty since 2002 when Redwood Park closed.
Jeffrey Heller, president of Heller Manus, said the firm was thrilled to find a such a unique structure for its new...<div class="feedflare">
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</div> Ross raises the roof on earnings guidance, seeks 1,300 more stores Discount clothing seller Ross Stores Inc. raised its guess about this year's earnings after sales and profit grew in the first quarter ended April 28.
The Pleasanton company (NASDAQ: ROST) now thinks it is likely to earn $3.26 to $3.37 a share for the year ending Feb. 2, 2013, up from an earlier guess of $3.12 to $3.27 per share.
Ross, which has 1,146 stores now in 30 states, thinks it could expand to 2,500 stores all over the country. That would be 1,500 Ross Dress For Less stores and 500 DD's...<div class="feedflare">
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</div> MarkLogic appoints Gary Bloom CEO <img src='http://assets.bizjournals.com/sanfrancisco/blog/Gary_Bloom_Mark_Logic*100.jpg?v=1'>MarkLogic Corp., a San Carlos maker of hardware and software for managing and interpreting data, hired Gary Bloom as chief executive officer.
Bloom was most recently CEO and president at eMeter, the San Mateo maker of software for electrical, gas and water utilities that was recently acquired by Siemens Corp. Prior to that, he was a vice chair and president of Symantec Corp. and chairman and CEO of Veritas Software.
He replaces MarkLogic co-founder Christopher Lindblad, who had quietly retaken...<div class="feedflare">
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