U.S. asks court to name Solyndra trustee
September 30, 2011
The Justice Department has asked for a court-appointed trustee to take over control of failed solar panel maker Solyndra LLC. The department said that a trustee should be appointed because company officials have refused to answer “material questions” about its finances and operations. The company has refused to answer questions “about its contracts based on concerns about investigations and possible litigation,” the Justice Department said. Solyndra executives also exercised their Fifth Amendment right to refuse to answer questions at a Congressional hearing last week..
See the article here:
U.S. asks court to name Solyndra trustee
Boca lawyer goes on offensive against Chase
September 30, 2011
Using state racketeering law, Florida lawyer W. Jeffrey Barnes has launched an offensive against JPMorgan Chase, which Barnes claims engaged in a national pattern of “fraudulent foreclosure proceedings based on false and fraudulent misrepresentations.”
Visit link:
Boca lawyer goes on offensive against Chase
Court Revives Suit Claiming Newark’s Residency Rules Have Non-White Bias
September 30, 2011
A federal appeals court has reinstated a reverse-discrimination challenge to a residents-only hiring policy for city employees, finding that a lower court judge conducted a faulty analysis in granting summary judgment to the city of Newark, N.J.
Go here to read the rest:
Court Revives Suit Claiming Newark’s Residency Rules Have Non-White Bias
Li-Ning, still in Portland, creating a ping-pong club
September 30, 2011
Li-Ning Sports USA Inc., the U.S. division of Chinese sporting goods brand Li-Ning Co. Ltd., is still based in Portland, despite what the company’s Facebook page says. That the company’s U.S
Go here to see the original:
Li-Ning, still in Portland, creating a ping-pong club
Boeing to deliver first 747-8 freighters in October
September 30, 2011
October may become the month for deliveries of 747-8 freighters built by The Boeing Co., with both Cargolux Airlines International SA and Atlas Air Worldwide Holdings Inc. now expected to begin accepting aircraft. Boeing suffered an embarrassing setback in the week preceding its successful 787 hand over Sept. 25, when both Cargolux and Atlas Air decided to not accept 747-8 freighters as scheduled, due to an array of efficiency and “unresolved contractual issues,” the latter phrase from a Cargolux statement…
Link:
Boeing to deliver first 747-8 freighters in October
Kaboodle, StyleSpot announce merger
September 30, 2011
Social shopping company Kaboodle Inc. said Friday it has merged with Los Angeles-based startup StyleSpot, a multi-platform fashion publisher and shopping engine. StyleSpot is backed by Idealab. San Mateo-based Kaboodle is a subsidiary of Hearst Corp., with Hearst now being the largest shareholder of the combined company. Financial details of the transaction were not disclosed.
More:
Kaboodle, StyleSpot announce merger
Outdoor industry to ‘Rendezvous’ in Portland next week
September 30, 2011
As many as 450 executives from outdoor-focused companies will converge upon Portland next week for one of the industry’s biggest annual events. The Outdoor Industry Association’s Rendezvous education conference hits downtown Portland’s The Nines Hotel for three days starting Tuesday. Unlike the OIA’s twice-a-year Salt Lake City trade shows, a forum used by brands to showcase new product, Rendezvous is the time when the industry’s top brass gather to discuss pressing issues. “The focus of this conference is on education and leadership building, bringing the industry together to focus on top issues to succeed and grow as leaders,” said I Ling Thompson, vice president of communications at the Boulder, Colo…
Follow this link:
Outdoor industry to ‘Rendezvous’ in Portland next week
No, Elon Musk’s mom, 63, isn’t really pregnant
September 30, 2011
Yes, that is Tesla Motors CEO Elon Musk’s mother on the cover of New York magazine in the take-off of the famous nude and pregnant Vanity Fair photo of Demi Moore. But no, she isn’t actually pregnant nor did she actually pose totally nude for the photo, as it would appear. The shot has is what is known as a photo illustration, meaning it was altered to fit the theme of the story it is teasing, about moms who have children later in life. Maye Musk is a professional model and told Lindsay Riddell, a reporter for our affiliated paper, the San Francisco Business Times, that she wore skin-colored underwear and bosom covers for the shot..
See more here:
No, Elon Musk’s mom, 63, isn’t really pregnant
Portland companies named finalist for Bend Venture Conference
September 30, 2011
Four Portland-based companies where selected as finalist for the Bend Venture Conference. Athletepath, Indow Windows and Pneu-Logic were named as finalist for the BVC in the Launch Stage category. Launch Stage companies are typically post-revenue. Winner of the Launch Stage will earn an estimated prize of $200,000, of which $40,000 comes from the Oregon Growth Account.
Read this article:
Portland companies named finalist for Bend Venture Conference
Kress Building sold, JC Penney in the wings
September 30, 2011
The Kress Building, a largely vacant retail building in downtown Seattle, has been sold to a real estate investment trust for $28.7 million. The building, which includes a Kress IGA grocery store in the basement, is located on the southwest corner of Third Avenue and Pike Street. The seller is Paul Etsekson through B&W Investments LLC. While $28.7 million might seem a high price in this case, the word among Seattle area brokers is that JC Penney plans to open a department store there
Read the rest here:
Kress Building sold, JC Penney in the wings
