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One more political setpiece from Boris Johnson, then down to business
Still, at least there's now some sense of the flim-flam fading and business being got down to. Following the debacle of Ray Lewis's departure Sir Simon Milton has at last bowed to the inevitable, announcing that he's stepping down from Westminster city council and the chair of the Local Government Association to become Johnson's adviser on planning in the orthodox way. This follows two months of trying to fudge his way around the so-called "Widdecombe rules" against conflicts of interest.
He appeared before the assembly's planning committee this morning - at the same time as his boss was talking to the Commons home affairs committee - to explain the mayor's policy on affordable housing and the London plan and revealing that from now on the mayor himself will be taking all the planning decisions, delegating to him only when he's away. more
Sports Business Battle Is Being Won by Business: Scott Soshnick
There are a few things you need to know about the baseball business. First, the Yankees are a tremendous road draw. The cash registers ring in the parking lots and concession stands. And, more people watch TV at night, enabling a team's broadcast partner to charge more for advertising. In short, the Pirates make more money by playing the Yankees at night.
Game Rained Out
``I'm displeased because we didn't play at 1:00,'' said Mussina, who, as it turns out, tossed two innings before rain wiped out the game with the Yankees leading, 3-1. ``It's frustrating.''
The Los Angeles Lakers and Boston Celtics, who met in the National Basketball Association Finals, know the feeling.
Under the 2-3-2 format, the teams crisscross the country twice during the series -- after Games 2 and 5. more
Express Scripts finishes $248M purchase of pharmacy benefit
Express Scripts said Tuesday that it's finished its $248 million acquisition of the workers' compensation pharmacy benefit management business of privately held Medical Services Co. from Monitor Clipper Partners, a private equity investment firm.
MSC was founded in 1985, and its pharmacy services division focuses on serving the pharmacy benefit needs of workers' compensation organizations, including leading workers' compensation insurers and third-party administrators, as well as self-insured corporations and government insurance entities.
MSC Pharmacy Services Division serves more than 500,000 workers' compensation beneficiaries.
Express Scripts (NASDAQ: ESRX), headquartered in Maryland Heights, manages pharmacy benefits for employers, governments, unions and managed care plans. more
Mary Robinson: Human rights are good for business
Net Impact brings together corporate leaders, civil society representatives and business students with the aim of developing a community of new leaders who will make a positive impact on society.
The architect and president of Realizing Rights: The Ethical Globalization Initiative, Robinson says that Realizing Rights has been focusing on the need for the private sector to recognise and act on its responsibilities in making globalisation a positive force for all – and that includes respecting human rights.
Robinson spoke to INSEAD Knowledge about corporate social responsibility (CSR) and human rights on the sidelines of the conference.
Knowledge: When we think of CSR, we normally think of issues such as CO2 emissions and supply chains. Where do human rights, traditionally accepted as the government’s responsibility to protect, fit in the business arena? What is the connection between human rights and CSR?
Robinson: More and more business leaders understand that many of the issues they address already are of direct relevance to human rights. more
‘Smart’ Firm Gets Into Fund Of Funds Business
A division of Japan's biggest bank is planning a fund of hedge funds, focusing on managers who thrive when the going gets tough.
Mitsubishi Asset Brains Co.—which is owned in part by Mitsubishi UFJ Financial Group—hopes to begin advising a fund of funds within the next two or three years, Akihiro Nishi, executive director of its investment advisory division, told Bloomberg News. The fund will seek out managers who perform well in falling markets, and will invest in both Japanese and offshore funds, including those in the U.S.
MAB is designing the fund for high net-worth individuals, Nishi said.
“We're looking at fund managers with high investment skills, especially at boutique firms, for the fund of hedge funds," Nishi told Bloomberg. “When the overall market is bad, some hedge funds tend to stand out in the crowd."
He added that the firm had hired a hedge fund manager, who starts next month. more
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Canada's Largest All-Franchise Show Comes to Toronto February 20 & 21 ... - Market Wire
... starting their own business and every year, thousands of Canadians consider franchising as a way to realize their dreams. For more than a decade, The Franchise Show has helped Canadians discover the many rewarding franchise opportunities ...
Read moreSouth Africa 20 years after Mandela’s release - World Socialist Web Site
... of black South Africans are still living in poverty, but a tiny minority of those at the top of the ruling African National Congress ... The franchise is now universal, but this offers little more than a formal show of democracy.
Read moreFinancial & Corporate - Seattle Post Intelligencer
In this Nov. 14, 2001, photo, signs at Microsoft's Redmond campus are illuminated green to commemorate the launch of the company's then-new Xbox gaming console. At Microsoft, internal competition has created a "dysfunctional corporate culture" that ...
Read moreThe Texas Longhorns Two-Step: Big Ten or Pac-10? - Bleacherreport.com
“What starts here changes the world.” The age of the college football superconference appears inevitable. Who will the Big 10 lure to share in its cable network riches and join its elite academic consortium, the Committee on Institutional ...
Read moreJunior Johnson: Draft expert to grand marshal - ESPN.com
DAYTONA BEACH, Fla. -- Junior Johnson is arguably the most appropriate grand marshal of this race ever. Fifty years ago, Johnson discovered the draft, won the second Daytona 500 and invented the technique that would launch NASCAR to popularity ...
Read moreA Congressman wants to know why a qualified 18-year-old cannot play in ... - Examiner
It was inevitable that one day Congress would be calling on National Basketball Association Commissioner ... high-school grads in his league because he says it's not good for his business to have his franchises send scouts to high school basketball ...
Read moreUS Airways Teams up with Charlotte Bobcats in New Partnership - Businesswire.com
BUSINESS WIRE )--Charlotte’s hometown airline, US Airways (NYSE: LCC), teams up today with the city’s NBA franchise, the Charlotte Bobcats ... US Airways will also have client hospitality opportunities at Bobcats home games. US Airways’ Senior ...
Read moreEarnhardt Jr. reloaded: Pivotal season looming - NASCAR
One year later, he still can't believe it happened. For a driver it should have been instinctive, as involuntary as a heartbeat, as natural as pressing the accelerator to pick up speed. For someone with 18 victories and hundreds of starts on NASCAR's ...
Read moreHawaiian Electric Industries, Inc. Q4 2009 Earnings Call Transcript - Seekingalpha.com
In addition, in the fourth quarter when we saw market opportunity, we made the strategic decision referenced ... Total gross capital expenditures remain at historically high levels with $1.6 billion planned for the next five years providing ...
Read moreDetroit Boat Show Reports Upswing in Sales and Strong Interest in ... - dBusinessNews.com
... Arbor, MI – Across the nation, Molly Maid franchise ... of the show. Serious buyers are coming to the Detroit Boat Show as they realize this is a perfect time to buy a boat while interest rates are low and great buying opportunities exist ...
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