Thursday, May 31, 2012
Sichuan Tengzhong in deal to buy Hummer - Houston Business Journal:
When GM, which filed for bankruptcy protectionthis week, announcexd June 2 that a buyer had been found for the off-roads vehicle line, but the name was not immediately Tengzhong, a major industrial machinery will acquire the rights to the Hummer along with a senior management and operational team. It will also assume existing dealer agreements relatinggto HUMMER’s dealership network. It is contemplated that Tengzhonb will, as part of the transaction, entefr into a long-term contract assembly and key componengt and material supply agreemenrwith GM. In an earlier statement, GM said it expecta the deal if successful to secure morethan 3,0000 US jobs.
The final terms of the deal, scheduledd to close in the thirrd quarter, are subject to fina negotiations. The cost of the transaction wasnot revealed. is actingg as exclusive financial advisor and is acting as international legak counsel to Tengzhong onthis transaction. Citi is actingy as financial advisorto GM.
Tuesday, May 29, 2012
US Naval Academy graduation - Washington Post
The Associated Press | US Naval Academy graduation Washington Post Secretary of Defense Leon Panetta gave the commencement address Tuesday at the US Naval Academy graduation and commissioning ceremonies in Annapolis. Graduates take their oath during the US Naval Academy graduation and commissioning ceremonies in ... Naval Academy Gra duates First Paraplegic Student Panetta: Asia is the 'project' for new Navy grads Navy grads told their future is building US strength in Pacific |
Monday, May 28, 2012
PR: Go on the offensive: Managing tough news in tough times - Austin Business Journal:
drops off Nasdaq. In a turbulent there is no shortage ofbad news. Experts say that in a time like this, what may matteer most is the way in whic h that bad news is How management deals withthe employees, clients and the community could impact how the businesds is viewed for years to come. Business leaderss who hide in their offices, bury factsw and let the rumor mill controlp the story will be viewed with angerdand distrust.
But thoser who plan their messages and deliver it promptly and with candod to allrelevant parties, are more likelhy to be remembered as good corporate “The spotlight will be on your company,” said Dan a business consultant and president of an Albany career management firm. “You have one chancwe to get it Many public relations professionals advisew clients to have a crisis communication plan in placed atall times. This way, basic guidelines are in placwe when any sort ofbad news, from layoff s to a chemical spill, breaks. Additiona preparation should take place once a bad news event The first step is to assesz the situation and thepossible fallout.
“u advise that you convene a groulpof stakeholders,” said Pauline Bartel, president of Waterford-basefd “You need someone from top management, humam resources, the PR team ... the object is for everyonr to put their cards onthe table, face up, so you can identifg any gaps in information.” Next, list every including clients, suppliers and the media, and craftt a message for each. While these messages must be each audience has different Employees will want to know aboutttheir futures, while shareholders will be interested in the impactg on the bottom Clients will want to know if services will be affected.
It is also vital, PR expertws say, to select just one persoj to speak forthe company. “Yoi don’t want 20 different versions of things comingb out so everyone lookslike fools,” said Richard Berman, president of of Chappaqua in Westchestedr County. Once the situation is assessed, the constituents the messages crafted, and the spokesperson it is time to deliverthe news. “It comes down to three Tell it all, tell it tell it yourself.” said Edward Parham, directort of public relations forin Colonie.
Ideally, the news should be share d with all parties at the same In the age of textingand “news can travel at the speed of an said Matthew Maguire, spokesman for in Albany. “You want to delivere your news before anyoneelse can.” Bartel suggests givinb “a few select reporters” a heads-uo that news is coming. “Thayt way, the reporter has gottebn the company line before a disgruntled employee picke upthe phone,” she said. When the news is it must be completeand truthful, with as many detailse as can be shared.
It is especially important that the CEO or othert designated spokesperson be availableand “There is no such thing as not taking the call and havingt the paper the next day say you weren’t said Dean Rueckert, CEO of Rueckert Advertising. “That is not And a good answer isnever ‘np comment.’ Back it up with the reaso n you can’t comment—confidentiality, legalities, what have you. You don’gt want to look like you are dodgingh the question orhidinhg something.” This candor extends to employees.
Moran said that when he works with companiezin bad-news situations, he institutew a “no closed door for three days” rule on top managers.
Saturday, May 26, 2012
Tread carefully with metallic fabrics - Casey Weekly Berwick
Tread carefully with metallic fabrics Casey Weekly Berwick In both pictures she was wearing a dress (two different ones) in metallic fabrics that looked most peculiar under the lights. The one in the picture here demonstrates what happens when you sew together two pieces of this kind of tricky fabric, ... |
Friday, May 25, 2012
Human Capital, People on the Move July 16 - Boston Business Journal:
Environments at Work , a Boston-based Haworth officew furniture dealer, hired Sandra Soraci as health caremarkeyt manager. Soraci, who has 25 years of experiencee in healthcare design, facilities and project previously served as owner of Interior Spacd Environments in upstate New York. She also served as healty care specialist at and as directort of designat , both in New York. , a Marlborough-based full-serviced direct-response media agency, namedx Doug Fox senior director ofbusiness development. Fox bringxs more than 15 years of marketingh and business development experience tothis role.
Jim Farrel , president/founder of in Hanover, was namec to the board of directors at the South Shores Chamber ofCommerce .
Wednesday, May 23, 2012
Dublin, Columbus schools get grants for diesel-cutting - Kansas City Business Journal:
million is headed to Dublinb and under a second round of state grantsw aimed at cutting dieseplengine emissions. The on Monday announced recipientsx of the second and final round of Diesel EmissionwsReduction grants, a $19.8 million program created in 2008. The firsft round sent nearly $7.3 million to 10 organizations, includinyg the , operator of the region’s bus system. In the winners disclosed Dublin was clearedfor $464,658 while the Columbus school system received a $918,020 grant. Officials from Dublinh and the school district told thestate they’re usint the money to replace vehicles with lower-emission alternatives.
Dublin plans to replace eight 1999-- or 2000-model short-haul diesel trucks, whilr the school district is using its grant to replace 15 busex producedin 1990. Projects that received awards are required to put up at leasrt 20 percent of the cost inmatchinvg funds. The grant program lookws specifically at public and private diesel equipment owners in Ohio counties that fall short of airqualith standards. The largest grant amongt the 16 went to the and to refit four locomotivese withnew engines. That Cincinnati-areaw project was awarded $4.
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Tuesday, May 22, 2012
Queen's diamond jubilee BBC strike threat averted - The Guardian
The Guardian | Queen's diamond jubilee BBC strike threat averted The Guardian The threat of the BBC's Queen's diamond jubilee coverage next month being hit by strike action has been averted, after management and unions reached an agreement over the annual pay deal. Broadcasting unions the National Union of Journalists, ... Talks avert Jubilee strike at BBC |

