Friday, March 8, 2013

SAS airline three-month loss down to $100 million

STOCKHOLM (AP) ? Scandinavian airline group SAS says it narrowed its net loss in the November-January period to 630 million kronor ($100 million) from 2.5 billion kronor a year earlier, mainly through cost cuts.

Revenue in the period was up to 9.6 billion kronor from 9.3 billion kronor as overall traffic grew 4.3 percent.

Facing stiff competition from budget airlines and high expenses, SAS AB in November embarked on a wide restructuring plan to streamline operations and announced 800 job cuts aimed at saving 3 billion kronor annually.

CEO Rickard Gustafson said Friday he was not satisfied with the performance but was upbeat about 2013, saying SAS is committed to completing its action plan. Its aim to achieve positive income before tax for the full-year "remains firmly in place."

Source: http://news.yahoo.com/sas-airline-three-month-loss-down-100-million-092107684--finance.html

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Allentown School District may cut 161 jobs

The Allentown School District is considering eliminating as many 150 teaching positions and 11 administration jobs, according to Superintendent Russ Mayo.

He made the announcement at the end of a school board Education Committee meeting Thursday night that drew a standing-room-only crowd. Mayo acknowledged the cuts would be difficult but said districts like Allentown no longer have the money to be all things to all students.

"This has been personally excruciatingly painful," Mayo said.

The district is facing a budget gap of $22.5 million. The cuts would reduce the deficit by $11 million.

Deb Tretter, president of the teachers union, says the cuts would lead to increased class sizes, discipline problems and lower student test scores. She estimated the teacher cuts would result in an average of 31 students per class in elementary school and 33 in secondary schools.

The reductions would touch many areas of the district, including full-day kindergarten, English as a second language, special education programs, and middle school reading and math intervention programs.

Among the proposed layoffs would be 21 teaching positions in arts, music, library and physical education at the elementary level.

Tretter said regular classroom teachers would be placed in charge of those subjects.

Eric Wilburn, a social studies teacher at Harrison-Morton Middle School, spoke about the importance of arts and physical education in schools.

"As a teacher I see firsthand the effects of students losing related-arts classes," he said. "They don't get time to release energy that was built up by sitting still and focusing hard in the classroom. I want them bouncing off the walls in phys ed, not in my social studies class."

School Director Scott Armstrong talked about the need to prioritize.

"None of us want to cut art. None of us want to cut music. None of us want larger class sizes. We have to meet the budget," Armstrong said.

Mayo suggested the district would try to increase community partnerships; For example, an arts organization might be asked to provide arts programs for elementary school students.

Tretter blamed Gov. Tom Corbett's administration for not sufficiently funding education. Corbett's budget for 2013-1014 ties an increase in education funding to the privatization of state liquor stores.

"We do not fault the board or the district for causing this crisis," Tretter said.

The proposed cuts could be the second round of massive layoffs in three years, coming after Allentown eliminated 204 positions, including 112 teachers, in the 2011-12 school year.

"The 150 teacher layoffs are a worst-scenario," said School Director Robert Smith Jr., adding that the board would be continue to work on the budget until June.

Teachers began worrying about layoffs in January, when the school board approved a staff audit to identify which positions could be cut and the pros and cons of eliminating them.

Mayo warned in December that layoffs could hit the district next school year because of a projected 26 percent cut in federal funding. Mayo blamed the lingering effects of a poor economy, reasoning that school districts are the last to feel the effects of a recession on federal funding. As a result, temporary federal grants that Allentown had received are scheduled to run out and not be renewed, Mayo said.

Teacher salaries were frozen this year under the terms of a three-year contract agreed to in January 2012, but the contract calls for about 2 percent raises next year and 2.5 percent raises in 2014-15.

Margie Peterson is a freelance writer.

Source: http://www.mcall.com/news/breaking/mc-allentown-school-district-layoffs-20130307,0,3011270.story?track=rss

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Wave Small Business Blog - Wave Small ... - Wave Accounting

This post is written by guest blogger Josh Zweig, CA and member of the Wave Pro Network.

Accounting used to be all about the numbers. You would give your books to your accountant and they would check the figures, make a few adjustments and then tell you how much you owe in taxes. Today?s accounting is less about the number crunching and more about what you can do with that information. Software companies such as Wave are making it easier for business owners to automate their accounting functions and focus more on the big picture of running a business. Technology has changed the way we do accounting.

Accountants today have the power not just to reduce a client?s tax bill and organize their books, but also to actually improve the efficiency and growth of their clients? businesses. A client who still tracks expenses with Excel sheets and?manually matches invoices to deposit books is wasting valuable hours, which could be put into more important areas of the business. Even a client who has switched to cloud accounting software may not be taking advantage of all the functions available. An accountant who thoroughly understands the software their clients are using can add tremendous value to a business.

As accountants, we need to think of ourselves as not only experts in tax and accounting standards, but also in accounting software. Just as we attend professional development courses to stay up to date in tax trends, we need to do the same in accounting technology. As businesses embrace new applications and become more mobile, we need to shift our practices to suit their needs. The more we embrace technology, the more we see accounting as a dynamic process, the more value we can provide to our clients.?

Continue Reading

Source: https://www.waveapps.com/blog/

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Thursday, March 7, 2013

GateWay Community College to launch center for entrepreneurs

The new GateWay Community College Center for Entrepreneurial Innovation.

GateWay Community College?s Center for Entrepreneurial Innovation will hold its formal grand opening and ribbon-cutting ceremony at 10 a.m. March 7.

The new center is a business incubator for early-stage and startup companies that will offer business development services, educational programming and management resources. Its facility is on the GateWay campus on the southeast corner of 38th and Van Buren streets.

The goal is to help companies grow and commercialize their business, ?championing small business job creation for the region,? according to a statement.

Planned speakers include GateWay Community College President Eugene Giovannini, Economic Development Administration Representative Jacob Macias and Center for Entrepreneurial Innovation Executive Director Jeff Saville. Jasper Welch is also expected to speak in one of his first public appearances since being named president and CEO of the National Business Incubation Association.

The 11 client companies of the new center will also be featured, representing a wide range of industries, including bioscience, clean energy and software.

?Our clients are the reason we exist,? said Saville in a statement. ?What better venue than an open house in front of stakeholders and the general public to showcase these entrepreneurs who have dedicated themselves to positively impacting jobs in the state and the region.?

The new center features more than 30 offices, wet lab and light manufacturing spaces, state-of-the-art presentation technology, a client server room and meeting areas.

It?s a partnership between the city of Phoenix, the Economic Development Administration and the Maricopa County Community College District, along with other public and private partners.

For more information, click here.

Hayley Ringle covers technology and startups for the Phoenix Business Journal.

Source: http://feedproxy.google.com/~r/vertical_44/~3/Dhy9W4FPL-I/gateway-community-college-to-launch.html

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Box Windows Phone, Windows 8 apps get new features, including file previews and more

Box Windows Phone, Windows 8 apps get new features, including file previews and more

Box has done a pretty decent job at bringing novel features to its apps on the various platforms they are present in, and today it's turn for a couple of Microsoft's properties to get some fresh tidbits from the cloud storage service. For starters, both of Box's Windows Phone and Windows 8 applications will now have the ability to see easily preview files (Box says more than 75 types) -- a feature that's been available on Android since late last year, and one that'll surely come in handy to Redmond's user base. Additionally, Box also announced a few platform-specific goodies, with the Windows 8 app seeing the addition of a new navigation bar for quick access to docs, while the Windows Phone equivalent nabbed a revamped wide cycle tile which allows for updates to be viewed via its own Live Tile (so long as it's the largest size). These changes are live now, so check' em out and give 'em a whirl the next time you open your Box app.

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Via: The Next Web

Source: Box (Windows 8), (Windows Phone)

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/ZN82rFrYv_Y/

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Sunday, March 3, 2013

Good Reads: Ideas for Obama, the creep of capitalism, millionaire count, work at the top

This week's round-up of Good Reads include foreign policy advice for President Obama, how entrepreneurs are slowly revitalizing North Korea, a look at what makes a millionaire in the United States, and a dizzying visit to the window washers who clean the nation's highest buildings.

By David T. Cook,?Staff writer / February 21, 2013

Private access gates surround multimillion- dollar homes in Dana Point, Calif.

Reed Saxon/AP/File

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US presidents traditionally turn to foreign policy in their second terms. The executive branch operates with greater freedom in the international realm than in domestic policy, and world affairs are an appealing arena in which to cement a presidential legacy.

Skip to next paragraph David T. Cook

Senior Editor and Washington Bureau Chief

Cook is senior editor and Washington bureau chief of The Christian Science Monitor and host of the Monitor's newsmaker breakfasts.

Recent posts

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The January/February issue of Foreign Policy magazine observes tongue in cheek that the paper required to print all of the white papers and op-eds urging President Obama to take various actions on the international scene ?would probably require chopping down the Amazon rain forest.?

The magazine counters with 10 tightly written essays on what Foreign Policy editor Susan Glasser calls ?ideas for what Obama could really accomplish in these next four years to make the world a better place ? concrete, achievable goals that, for the most part, wouldn?t even require the cooperation of Congress.?

Among the recommended actions: having Mr. Obama send the Senate the 1997 treaty on banning land mines (as 161 countries have already done); taking a tougher stance toward allies ? like Saudi Arabia and Bahrain ? with less-than-stellar human rights records; and working with Russia to reduce the hair-trigger, launch-ready alert status on both nations? nuclear-tipped missiles.

Capitalism and North Korea?s leaders

With North Korean leader Kim Jong-un having just overseen his nation?s third nuclear weapons test, The Economist magazine?s Feb. 9 cover story takes a very timely look at how ?capitalism is seeping through the bamboo curtain? with consequences the despotic Mr. Kim may not be able to control.

The North Korean famine of the 1990s, which killed up to 1 million people, triggered a breakdown in the government?s control over food distribution. So individual entrepreneurs began selling food grown in family plots. That market impulse has grown. ?It has become clear that other merchants today operate on a far more ambitious scale, exporting raw materials to China and bringing back consumer goods,? the Economist reports. So, the magazine says, money talks in today?s North Korea in ways that have a variety of destabilizing consequences.

For example, traders bring in computers, radios, and mobile phones, which diminish the Kim regime?s control of information. That allows some North Koreans to have a more acute sense of how impoverished their lives are compared with those of citizens of neighboring South Korea.

The role of the sexes has changed as women, who run some black markets, have become the breadwinners in their families. And there is a widening gap between the lives of market-involved elites centered in Pyongyang and the lives of the chronically underfed rest of the country.

Who are the millionaires?

The debate over how to reform the US tax code will be one of the top political stories of 2013. Whether America?s richest individuals are paying their fair share will be a key aspect of the debate. So it is useful to get a clearer picture of the financially fortunate.

?[T]he common conception of millionaires, on whom so much of the nation?s long-term fiscal viability depends, is largely a caricature,? writes Graeme Wood in the conservative National Review.

The first step in understanding millionaires, Mr. Wood writes, is a matter of definition. One group of millionaires are those who have assets like homes, savings accounts, and pensions that are worth a million dollars. ?The majority are working people,? Wood writes, and some 5.26 million households meet that definition.
The second group of millionaires consists of those who earn a million dollars or more a year. This much more rarefied group includes fewer than half a million households a year. Wood notes that many in this group are ?lucky one-timers,? folks who won the lottery or inherited from wealthy parents.

Only the 200,000 households with $20 million or more in assets have ?the financial equivalent of a perpetual-motion machine, capable of spontaneously replenishing itself and fairly reliably producing large amounts of money for its fortunate owner,? Wood says.

The window washers? life at the top

The New Yorker provides a vicarious glimpse into the dangerous, silent, and exhilarating world of skyscraper window washers for readers whose own jobs may offer less excitement.

The advent of computer design software made it practical for architects to create buildings with a different window configuration on every floor, ?turning Manhattan into a crystal garden of geometric forms and irregular shapes,? writes Adam Higginbotham. At the same time, the work of men with buckets and squeegees has remained just outside the reach of automation.

Thus it is that window washers still have to step out onto an 18-inch-wide walkway outside the 103rd floor of the Empire State Building.
When Mr. Higginbotham joined a window washer there, briefly, he writes, ?I sank to my knees in what may have resembled an attitude of pure terror.?

Source: http://rss.csmonitor.com/~r/csmonitor/globalnews/~3/VFwXX_bn08w/Good-Reads-Ideas-for-Obama-the-creep-of-capitalism-millionaire-count-work-at-the-top

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Lotus Bud - Meditation Timer

[prMac.com] San Francisco, California - Independent developer, Chad Sager, announced Lotus Bud - Meditation Timer 1.5, an update to the meditation timers, with new features to support a strong, healthy, lasting meditation practice.

Goals allows a user to set up a Challenge or an Ongoing goal which presents an easy to read chart, showing a user their progress. Options to integrate with the Apple's Reminders app and auto-incrementing the meditation time help to build a strong meditation practice.

There are four ways to meditate: Timed, to count down a specific number of minutes; Until, to end at a specific time and; Untimed, for the times a user wants to stretch their meditation muscles. For more structure users can create a retreat with multiple sessions. This allows them to alternate between different meditations like sitting and walking, just like an actual meditation retreat.

Timeline shows a heat-map that changes color based on how consistent the practice is, to put their larger efforts in perspective.

"I created Lotus Bud to help with the difficult task of establishing and maintaining a meditation practice that embodied the simplicity I found in meditation. This is the app I wanted for myself, and know others will feel the same," says Chad Sager, Lotus Bud developer and designer.

Device Requirements:
* iPhone 3GS/4/4S/5, iPod touch (3rd/4th/5th generation), and iPad
* Requires iOS 6.0 or later
* Universal app optimized for display on all iOS devices
* 5.3 MB

Pricing and Availability:
Lotus Bud - Meditation Timer 1.5 is $1.99 USD (or equivalent amount in other currencies) and available worldwide exclusively through the App Store in the Health & Fitness category.

Chad Sager's day job is making iOS apps for the 'man.' In San Francisco, California. He works on Lotus Bud - Meditation Timer in his spare time. He started building Lotus Bud in 2011. Serving as the sole developer and designer for Lotus Bud, his focus on extremely simple and and high quality iOS apps. Other productivity apps are in their early planning stages and will be debuting in the next couple of months. Copyright (C) 2013 Chad Sager. All Rights Reserved. Apple, the Apple logo, iPhone, iPod and iPad are registered trademarks of Apple Inc. in the U.S. and/or other countries.

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Source: http://prmac.com/release-id-54983.htm

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