07/23/2010 (7:09 pm)

38 states press Google on personal data

Filed under: online |

A coalition of 38 states is pressing Google to answer for its unintentional collection of personal data through unsecured private wi-fi networks from its Street View cars.

Connecticut Attorney General Richard Blumenthal, who is leading the multistate investigation, asked the Internet giant whether it had tested its Street View software before use.

That check "should have revealed that the program collected data transmitted over wireless computer network," Blumenthal said in a letter to the company Wednesday.

Blumenthal also asked what Google has done with the data, particularly if it has sold or used the information. He also requested that Google identify the individuals responsible for including the snooping code into the Street View software and the specific locations where the unauthorized data was collected.

"We will take all appropriate steps - including potential legal action if warranted - to obtain complete, comprehensive answers," Blumenthal said payday loans. "Our multistate investigation will determine whether laws were broken and whether legislation is necessary to prevent future privacy breaches."

Google first disclosed that it had mistakenly collected "payload data," which includes what websites people are visiting, from wi-fi networks that were not password-protected in May.

The information was gathered and stored while Google’s Street View cars drove around the world collecting images for the company’s mapping service using local wi-fi hotspots.

Blumenthal launched the investigation last month. Backing the probe are a growing number of states - including Texas, Florida and New York - as well as Washington, D.C.  

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07/23/2010 (12:42 am)

Greenspan: Let Bush tax cuts expire

Filed under: online |

Former Federal Reserve chief Alan Greenspan believes Congress should let the tax cuts enacted by President George W. Bush expire for all Americans in order to address the widening deficit, according to a TV interview airing Friday.

"They should follow the law and let them lapse," Greenspan told Bloomberg TV’s Judy Woodruff.

The 2001 and 2003 tax cuts are due to expire at the end of the year. President Obama had promised to make them permanent for families making less than $250,000. (Read ‘Bush tax cuts up in the air’)

But faced with growing fiscal challenges, there’s debate in Washington about whether the country can afford to permanently extend the tax cuts.

Greenspan, who backed the tax cuts when they were enacted, told Woodruff that allowing the cuts to lapse "probably will" slow growth, but that the risk posed by doing nothing about the deficit is greater.

"I think we misunderstand the momentum of this deficit going forward," the former Fed chairman said in the interview. 

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07/18/2010 (6:18 am)

HTA buys Henry County med building

Filed under: legal |

Healthcare Trust of America Inc. bought a medical office building in Stockbridge, Ga., for $8.1 million.

Overlook at Eagle's Landing, in Henry County, is 100 percent occupied. It opened in 2004 and is less than one-half mile from the 215-bed Henry Medical Center.

Scottsdale, Ariz.-based Healthcare Trust also owns Southcrest Medical Plaza I and II in Stockbridge, Marietta Health Park in Riverdale, Fayette Medical Office in Fayetteville, and 4000 Shakerag Hill Road in Peachtree City payday loan online.

"This acquisition continues our Atlanta expansion focused in attractive sub-markets, bringing our total Atlanta portfolio to over a half million square feet while generating greater market presence for HTA with the region's health-care providers," said Mark D. Engstrom, executive vice president of acquisitions, in a statement.

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07/16/2010 (10:27 am)

Moody’s: Refining sector outlook improving

Filed under: management |

The outlook for the global refining and marketing sector has been upgraded to “stable” from “negative,” according to rating agency Moody’s Investors Service.

Though the agency expects conditions to remain difficult, margins for the sectors will average “significantly higher” over the next 12 to 18 months.

Moody’s says distillate and gasoline inventories remain very high, though gasoline demand will be dogged by high unemployment, rising ethanol use, rising world refining capacity, and the economic slowing in major economies.

“In the absence of clear-cut strong demand and margin momentum for gasoline, distillate and crude oil price differentials, our stable outlook largely reflects that the mix of wider gasoline and distillate margins, and wider crude oil price differentials we’ve seen, supported by firming demand from industrial and freight transport will average out to support a stable outlook,” said Andrew Oram, vice president and senior credit officer with Moody’s corporate finance group payday loan lenders.

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07/11/2010 (2:42 am)

Laguna Development invests $15M in casino upgrades

Filed under: economics |

Laguna Development Corp. unveiled an additional $15 million in expansions and updates at its Route 66 Casino in the past week.

The company opened the new Thunder Road Steakhouse & Cantina, the 360 Lounge, and added more than 200 new slots, bringing its total to 1,700.

It is the culmination of a larger expansion that firm unveiled over the past several months, including an Irish-themed poker room and pub, a new players club, bingo room and snack bar.

Skip Sayre, director of marketing for Laguna Development, said extensive customer surveys found players wanted a steakhouse, more slots and a non-smoking section.

Thunder Road was influenced by the movie of the same name that starred the late Robert Mitchum. It offers a wide selection of tequilas, as well as barbecue and Mexican dishes. The decor features life-sized cars crashing through walls, neon signs and two-story murals electronic check payday advance. A live entertainment stage, lifted on hydraulics from behind the bar, is another new feature.

This is the third major expansion at Route 66 since 2007. In 2008, a $40 million hotel expansion took place. The Main Street Restaurant, KXX Night Club and Kids Quest, as well as the $4.6 million Buffet 66 opened in 2009. Laguna also renovated its Dancing Eagle Casino last year, to the tune of about $3.9 million, adding 100 more slot machines and a new restaurant and lounge.

Laguna Development Corp. is a wholly owned subsidiary of the Pueblo of Laguna, whose lands are located mostly east of Albuquerque.

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07/07/2010 (2:30 am)

Buffalo will stay hot, hot, hot

Filed under: management |

Temperatures will heat up again Tuesday and continue right through the middle of the week before some cooling and potential rainfall appears in the forecast.

The National Weather Service forecasts highs of around 90 or a little higher through Thursday and leads to a few reminders about the range of temperatures away from lakes Erie and Ontario and air quality payday loan.

For those wondering, the record high for July 6 in Buffalo was 97 degrees in 1988 and the normal high for this date is 79 degrees.

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07/04/2010 (5:00 pm)

Hispanic Chamber hires Rackspace manager as its chief of staff

Filed under: management, marketing |

The manager of community affairs at Rackspace Hosting has decided to leave her high-tech employer to join the San Antonio Hispanic Chamber of Commerce.

Mari Aguirre will become the new chief of staff for the Hispanic Chamber. Currently, as manager of community affairs, Aguirre is also president of the Rackspace Foundation.

In her new role as chief of staff, Aguirre will oversee the Hispanic Chamber’s Leadership Foundation and lead 15 employees. Before joining Rackspace (NYSE: RAX), Aguirre worked for former San Antonio Mayor Phil Hardberger. In the mayor’s office, Aguirre worked on education and workforce initiatives, diversity issues, board and commission appointments and the Hurricane Katrina volunteer effort guaranteed cash advance.

“Mari is very talented, has a tremendous work ethic, has great passion for our small-business community, and we are very excited that she agreed to join our great organization,” says Hispanic Chamber President and CEO Ramiro A. Cavazos.

San Antonio-based Rackspace is the world’s leading information technology infrastructure hosting and cloud computing company.

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06/29/2010 (7:33 pm)

Planet Fitness plans third Triad site

Filed under: marketing |

Planet Fitness has leased about 22,680 square feet of space at the Charlestown Shopping Center in Kernersville, marking the third company location in the Triad.

YOT Fitness Kernersville LLC, which conducts business as Planet Fitness, leased the space from Greenwood and Charles Inc. and joins Rite Aid and other tenants in the shopping center.

Raymond D. Collins Jr., of Collins Commercial Properties Inc., represented YOT Fitness/Planet Fitness in the Kernersville lease.

Ladd Freeman Jr low rate payday loans., of Freeman Commercial Real Estate, represented Greenwood and Charles Inc. as landlord in the lease.

Planet Fitness in Kernersville is slated to open in the fourth quarter with an initial 15 employees. Other Planet Fitness centers are located in Greensboro and High Point.

Martin Sinozich is principal and managing partner of the three Triad locations.

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06/27/2010 (12:30 am)

Wal-Mart, Best Buy, RadioShack: No iPhone 4 for walk-ins

Filed under: technology |

IPhone seekers hoping to avoid days-long lines thought they’d have an ace in the hole: retail outlets other than Apple’s stores. Apple partner AT&T warned potential buyers that it wouldn’t have inventory for walk-in buyers until next week, but Wal-Mart, Best Buy and RadioShack all announced plans to have "limited" supplies available Thursday for shoppers who didn’t pre-order the iPhone 4.

That was the theory. The reality hasn’t played out so smoothly.

Wal-Marts around the country said that their iPhones were in short supply, and Twitter was ablaze with customers reporting from Wal-Mart stores that had just one or two of the devices in stock.

An Evansville, Ill., Wal-Mart said it had exactly one unreserved iPhone 4 available when it opened. But don’t race out the door: It’s already sold.

Only 1,500 of the 3,600 Wal-Mart stores in the United States are offering the phone on Thursday, according to company spokeswoman Ashley Hardie, though more stores will sell the phone after the launch day.

"They can’t get here soon enough!" Wal-Mart (WMT, Fortune 500) spokeswoman Melissa O’Brien added.

A spot check of two Best Buys and multiple RadioShack stores in New York City found no phones available for customers who hadn’t claimed them in advance.

But a few pockets of inventory emerged: A Best Buy on 62nd Street had a stash of 16 GB iPhone 4s available for sale mid-afternoon. Store employees wouldn’t say how many were left.

"Inventory remains constrained, and it is expected that many of the iPhones that Best Buy receives will go first to customers who reserved one during presale," Best Buy (BBY, Fortune 500) warned Wednesday in a statement. The company said availability would vary store by store, and that customers should call before heading out to pick up a phone.

To prevent long lines at Apple and AT&T stores — the only places to get the iPhone on the first day of sale in past years — Apple (AAPL, Fortune 500) delivered devices to Best Buy, RadioShack and Wal-Mart stores across the country. But the inventory was not enough to meet the wild demand for the phone.

One RadioShack on 23rd Street in Manhattan said Apple had given it just eight iPhones — total. They were all reserved for pre-orders, but the store said that it would make them available to walk-ins at noon if they weren’t yet claimed.

Another RadioShack, on 57th Street, went through its scant inventory so fast it wasn’t able to fulfill all of its pre-orders. One block away, a RadioShack store that didn’t accept pre-orders — it stuck with first-come, first-served — sold out fast amid hectic demand.

Best Buy, which planned to have very limited iPhone stocks on hand, had no one in line at its Fifth Avenue outpost right before its opening.

But that was for the best, since that store didn’t have a single iPhone 4 on hand for walk-in customers, according to a manager preparing for an early open. Customers who pre-ordered through Best Buy would be able to pick up their phones at scheduled appointment times throughout the morning, he said.

RadioShack (RSH, Fortune 500) did not immediately return requests for comment.

AT&T (T, Fortune 500) announced last week that it won’t start selling the iPhone 4 to walk-in buyers until June 29, and it stuck by that statement Thursday morning. Customers who turned up seeking one were set away.

Daniel Karbowitz, 32, lost his iPhone 3G last week and hoped to replace it with the latest model. When the AT&T store broke the bad news, Karbowitz set out for the nearby Apple store.

"I’m not optimistic," he said. "I hope I can get one today, but Apple likes keeping a scarce supply of their newest products."

Demand for Apple’s new phone was 10 times higher than it was for the previous version, the iPhone 3GS, according to AT&T. Apples said it sold 600,000 devices on the first day of pre-sales.

The unanticipated demand crashed AT&T’s servers, and a number of customers were unable to pre-order the iPhone 4 last week. AT&T stopped accepting pre-orders after just one day. It’s waiting for Apple to restock its inventory.

Meanwhile, the iPhone’s availability — or unavailability — at other retail outlets did nothing to quell demand at Apple’s flagship store on Fifth Avenue in Manhattan. Thousands lined up at the store Thursday morning, with many saying they came because they heard the phones would be in short supply.

With a line still out the door, the Apple store on 67th Street in Manhattan ran out of inventory mid-afternoon for customers who didn’t pre-order. Just after 2 p.m., the store closed down its walk-in line. Managers said they would take stock of their remaining supplies and see if the could re-open the queue later Thursday.  

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06/23/2010 (10:51 pm)

Tesla projects vans, SUVs to follow sedan

Filed under: money |

Tesla Motors Inc. has shown potential investors "freaking bad ass" plans for electric SUVs, cabriolets and vans to follow its planned sedan.

The potential new models are shown in a road show given by CEO Elon Musk leading up to the expected $185 million initial public offering by the company on June 29. Toyota Motor Corp. has pledged to buy another $50 million in Tesla stock after the IPO.

"Freaking bad ass" is how he describes the variations on the Model S sedan the Palo Alto expects to start making in 2012 at the former New United Motor Manufacturing Inc. plant in Fremont. To see the Tesla IPO presentation click here.

Unlike the company's only existing electric car that it has actually delivered, the Roadster, the sedan and other models shown in the road show would be completely built by Tesla. The sports car body and frame is now produced by Lotus, whose British factory is closing for renovations before Tesla can produce its sedan, causing a gap during which the company will be delivering no cars.

Tesla last week discussed in a blog posting how it plans to build the sedan at the NUMMI plant.

If the Toyota-Tesla partnership proceeds as outlined, the companies could also be producing electric vehicles together in Fremont, with speculation centering on an all-electric version of the hybrid Prius.

Toyota's announcement last week that it plans to restart a plant in Mississippi to build Corollas has fueled further speculation that hybrid Prius manufacturing could happen at the plant the Japanese auto maker abandoned in April. The Mississippi plant had once been touted for Prius production as well.

To read more of the Business Journal's in-depth coverage of Tesla, click here.

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