Tag Archives: East Coast

Style Set: The Week's Best Dressed

By Randy Miller

Who wasn’t in the Hamptons this weekend? Rag & Bone brought Hilary Rhoda and Cameron Diaz out for dinner with Baby Buggy, while a dramatic crowd – including Lindsey Wixson, Rick Owens, and Polina Proshkina – gathered at the Watermill Center’s annual Summer benefit.

Those who weren’t beaching on the East Coast went glam with Natalia Vodianova in Monaco. At the annual Love Ball, which was made a royal affair with attendees including Princess Charlene of Monaco and Princess Caroline of Hanover, guests donned fittingly romantic gowns for The Naked Heart Foundation. A look at all the stylish parties attended, here in the gallery.

…read more

Source: FULL ARTICLE at fashionologie

Official: Ford hiring 800 more salaried workers than originally expected

By Damon Lowney

Ford US job creation infographic

Filed under:

Ford is on a roll this year, with excellent quarterly earnings and better-than-expected vehicle sales leading to 800 more job opportunities with the Blue Oval. In January, Ford announced that it wanted to hire 2,200 salaried employees, but, since then, that figure has been revised to 3,000, representing a 36-percent increase over original projections. About 1,500 of those jobs remain, 80 percent of which are technical professional positions.

“Engineers and technical professionals are in as much demand as our cars, trucks and SUVs,” says Felicia Fields, Ford Group Vice President for Human Resources. Helping to spur this job growth are increasing market share on both the West and East Coast and robust demand for the Ford Escape and F-150.

To find job candidates, Ford is reaching out to them via Facebook, Twitter and LinkedIn, in addition to the company’s corporate career site. The Blue Oval is also ramping up its presence on college campuses.

One of Fords goals has been to create 12,000 hourly jobs in the US by 2015, and this latest announcement does alter that goal, Ford says, which is sitting the 75-percent mark since the company hired over 6,200 hourly employees last year. Learn more in the press release below.

Continue reading Ford hiring 800 more salaried workers than originally expected

Ford hiring 800 more salaried workers than originally expected originally appeared on Autoblog on Wed, 24 Jul 2013 18:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

…read more

Source: FULL ARTICLE at Autoblog

ModCloth Hits $100 Million In Revenue, Gives Social All The Credit

By Meghan Casserly, Forbes Staff

“The ‘love’ button is the most used button on our site,” ModCloth CEO Eric Koger told me this June on a visit to the East Coast from the company’s San Francisco HQ.  Tuesday’s announcement that the company he founded back in 2002 with wife Susan Gregg Korger has reached $100 million in 2012 revenue makes another thing clear: the check-out button is closing in on ‘Like’ for number one. …read more

Source: FULL ARTICLE at Forbes Latest

HUFFPOST HILL – World Learns ‘Royal Baby’ Isn’t A Line Of Velour Tracksuits

By The Huffington Post News Editors

People everywhere congratulated the Duke and Duchess of Cambridge on the birth of their son, while Republicans vowed to rescue the child from Britain’s socialist health care system. The media’s coverage was a bit breathless, but thankfully the New York Post didn’t report the baby’s name as “Dick Gephardt.” And Mitch McConnell greeted his likely primary challenger by calling him “an East Coast con man” but stopped short of demanding he take his stagecoach full of elixirs back home. This is HUFFPOST HILL for Monday, July 22nd, 2013:

GOP ESTABLISHMENT RALLYING AROUND ENZI – Beleaguered folk hero Mike Enzi is getting some help from the little guy: Koch Industries. Politico: “Sen. Mike Enzi’s fundraising efforts have gotten off to a sluggish start this year, but he’s received support from Republican establishment and heavyweight political action committees ahead of his primary fight against Liz Cheney. The Wyoming Republican received $7,500 from Koch Industries PAC, the committee affiliated with the company owned by megadonors Charles and David Koch, according to a POLITICO review of Enzi’s second quarter campaign finance reports filed with the Federal Election Commission. Other PACs affiliated with major politically active companies and trade associations who gave to Enzi between April and June include: Boeing, Lockheed Martin, Time Warner Cable, Pfizer and National Retail Federation. The three-term incumbent also received support from the leadership PACs of establishment Republicans such as Minority Leader Mitch McConnell of Kentucky and Sens. Jim Inhofe of Oklahoma and Lindsey Graham of South Carolina.” [Politico]

CELEBS PROMOTING OBAMACARE – Oprah’s boldly going where the NFL wouldn’t dare. Sarah Kliff: “What do Oprah, Funny or Die and the Grammys have in common? All three, it turns out, have volunteered to promote Obamacare. Senior advisor Valerie Jarrett hosted a meeting Monday with a star-studded group of actors, musicians, writers and producers who have ‘expressed a personal interest in educating young people about the Affordable Care Act,’ according to a White House official.” [WashPost]

Read More…
More on Video

…read more

Source: FULL ARTICLE at Huffington Post

A Drinking Guide To the Open at Muirfield, and Will Poulter Break Through?

By Karl Shmavonian, Forbes Staff

One of the many great things about watching the Open is that you can watch the first group (Peter Senior of Australia, Lloyd Saltman of Scotland and Oliver Fisher of England) tee off at 1:32 in the morning (U.S. East Coast time), a very kinky time for golf. Fire up a pot of coffee and watch the lads try to deal with the bunker-laden links course at Muirfield. …read more

Source: FULL ARTICLE at Forbes Latest

Keeping Cool in the Kitchen

By Sara Bonisteel Keeping cool in the kitchen is imperative especially when the temperatures top the 90 degree mark, as they have on the East Coast this last week. Over at Bon Appétit, they’re sharing a Cantaloupe Gazpacho recipe that requires no cooking and very little prep. The recipe, from Ryan Lowder of The Copper Onion in Salt Lake City, Utah, lets the flavors of the cantaloupe shine through with just the addition of a cucumber, onion, and a bit of mint. Our Community Table members too are finding ways to beat the heat. Michael Ruhlman turns to Alaska for his Summer Ceviche, which spotlights the local halibut. The marinated appetizer requires no cooking. Lesley Stowe shares her Shaved Zucchini and Fennel Salad, which satisfies with the addition of feta cheese and pine nuts. Food Fanatic features an icebox pie–Fresh Strawberry Pie to be exact–that is just the thing to drop your internal thermostat. What summer favorites to you eat or drink to stay cool?

…read more

Source: Epicurious

13 arrested in Zimmerman verdict protests in Los Angeles

Los Angeles Mayor Eric Garcetti said violence and vandalism in city streets resulted in 13 arrests in protests over George Zimmerman’s Florida acquittal in the shooting death of Trayvon Martin.

Speaking at a news conference with Garcetti late Monday, LAPD Chief Charlie Beck said about 150 people broke off from a larger, peaceful protest and began walking through the streets, committing multiple acts of vandalism and several assaults.

The officials didn’t elaborate on the assaults or any potential injuries.

Beck said more than 300 officers were called to the scene. They were slow to directly engage the protesters in an attempt to allow a peaceful end to the demonstration.

He said police would take a much stricter posture if the protests continued for another night.

Protesters ran through Los Angeles streets, stopping traffic, breaking windows and at one point raiding a Wal-Mart store, and a major freeway was blocked in the San Francisco Bay Area in the third night of protests in California over George Zimmerman’s Florida acquittal in the shooting death of Trayvon Martin.

Several hundred mostly peaceful protesters gathered Monday night at Leimert Park southwest of downtown Los Angeles, many of them chanting, praying and singing.

But a smaller group of about 100 people splintered off and began blocking traffic on nearby Crenshaw Boulevard, some of them jumping on cars and breaking windows.

At about 10 p.m., a few hours after the splinter protest began, police declared the group an unlawful assembly, and many in the crowd began to disperse.

Several protesters ran into a Wal-Mart store, where they knocked down displays before store security chased them out, and police began guarding the door.

TV news helicopters showed some people apparently throwing punches along the street. There were no immediate reports of injuries.

“I commend the prayer rally attendees in Leimert Park for practicing peace,” tweeted LA Mayor Eric Garcetti, who returned early from an East Coast visit. “I call on people in street on Crenshaw to follow their example.”

In Oakland, dozens of demonstrators briefly blocked all lanes of Interstate 880 at the tail end of rush hour Monday evening, stopping traffic in both directions for several minutes before they were cleared by authorities. Several protesters laid their bicycles on the ground in front of stopped cars.

“You’ve got to go. You will go to jail,” one police officer shouted at demonstrators who were blocking traffic, the Oakland Tribune reported. However, police decided not to make arrests as the marchers, chanting “Justice for Trayvon Martin,” were directed back to surface streets.

Later, another group tried to march up the onramp to Interstate 580 before being turned away by Oakland police and California Highway Patrol officers.

The freeway protesters broke off from a larger group organized via social media that gathered at Oakland City Hall about an hour earlier. Several people were arrested for acts of violence and vandalism while marching from City Hall, authorities said.

Over the weekend, demonstrators in Oakland and Los Angeles blocked traffic and clashed with police in protests over a Florida jury’s acquittal of neighborhood watch volunteer Zimmerman in …read more

Source: FULL ARTICLE at Fox US News

Zimmerman protesters raid Wal-Mart, stop freeway

Protesters ran through Los Angeles streets, stopping traffic, breaking windows and at one point raiding a Wal-Mart store, and a major freeway was blocked in the San Francisco Bay Area in the third night of protests in California over George Zimmerman’s Florida acquittal in the shooting death of Trayvon Martin.

In Los Angeles, several hundred mostly peaceful protesters gathered Monday night at Leimert Park southwest of downtown, many of them chanting, praying and singing.

But a smaller group of about 100 people splintered off and began blocking traffic on nearby Crenshaw Boulevard, some of them jumping on cars and breaking windows.

There was at least one arrest and more were expected, Los Angeles Police Lt. Andrew Neiman said. At about 10 p.m., a few hours after the splinter protest began, police declared the group an unlawful assembly, and many in the crowd began to disperse.

Several protesters ran into a Wal-Mart store, where they knocked down displays before store security chased them out, and police began guarding the door.

TV news helicopters showed some people apparently throwing punches along the street. There were no immediate reports of injuries.

“I commend the prayer rally attendees in Leimert Park for practicing peace,” tweeted LA Mayor Eric Garcetti, who returned early from an East Coast visit. “I call on people in street on Crenshaw to follow their example.”

In Oakland, dozens of demonstrators briefly blocked all lanes of Interstate 880 at the tail end of rush hour Monday evening, stopping traffic in both directions for several minutes before they were cleared by authorities. Several protesters laid their bicycles on the ground in front of stopped cars.

“You’ve got to go. You will go to jail,” one police officer shouted at demonstrators who were blocking traffic, the Oakland Tribune reported. However, police decided not to make arrests as the marchers, chanting “Justice for Trayvon Martin,” were directed back to surface streets.

Later, another group tried to march up the onramp to Interstate 580 before being turned away by Oakland police and California Highway Patrol officers.

The freeway protesters broke off from a larger group organized via social media that gathered at Oakland City Hall about an hour earlier. Several people were arrested for acts …read more

Source: FULL ARTICLE at Fox US News

Protests of Zimmerman verdict mostly peaceful, sporadic violence, vandalism reported

Communities nationwide braced for a day of demonstration, and possibly even dissent, as the public awoke Sunday to learn a six-person Florida jury had acquitted George Zimmerman of second-degree murder, overnight, in the February 2012 killing of 17-year-old Trayvon Martin.

Protesters on the West Coast massed, and in some cases marched, in four California cities, beneath the lingering sunshine that had already yielded to twilight and nightfall by the time the decision had been rendered shortly before 10 p.m. on the mostly quiescent East Coast.

Mostly, the California demonstrations proved peaceful, although matters were marred by sporadic reports of stray violence and vandalism, including the halt of a passenger train, the burning of American and California flags, the lighting of small fires in city roadways, shattered storefront windows and the spray painting of a courthouse, as well as the damaging of a police squad car.

In San Francisco, raucous, yet peaceful protesters marched on the city’s Mission District neighborhood; while about 200 in Los Angeles convened for a vigil in Leimart Park, or the city’s historically black neighborhood. City News Service in Los Angeles said, at one point, a smaller group halted an Expo Line train, somewhere within the city, but police could not immediately confirm details of that account.

Los Angeles Police Department Lt. Andy Neiman said another group of 50 to 100 demonstrators marched around midnight.

“There was a period where crowds were running among vehicles, but police dissuaded them,” he reportedly said, although he added that he knew of no arrests.

Meanwhile, in Oakland, police reported about 100 people protested, with some among the crowd breaking windows and starting fires in the streets. As the protest eventually fizzled, the office of police information added that it had no word of any arrests as of 2 a.m., PST.

However, some Oakland marchers reportedly vandalized a police squad car, and police were — at one point – forced to form a line to block the protesters’ path.

The Oakland Tribune reported some downtown office windows had been shattered, and footage from a television helicopter portrayed people starting fires in the street and spray painting anti-police graffiti. Protesters, there, also reportedly burned an American, and California state flag and spray painted Alameda County’s Davidson courthouse.

In Sacramento, more than 40 people gathered at City Hall, and the Sacramento Bee reported protesters riotously chanting: “What do we want? Justice. When do you we want it? Now. For who? Trayvon.” Meanwhile, a banner unfurled behind the speakers read, “No justice, no peace!” as the crowd cried out in unison.

Meanwhile, in Florida, media outlets reported mostly subdued sadness, and no violence or large gatherings.

“I’m sad,” was the only response Miami Gardens barber Steve Bass could muster to the Miami Herald, when asked for his opinion regarding the verdict. Bass had reportedly cut Trayvon Martin’s hair since the teen was a toddler.

Outside the Seminole County courthouse, where the trial took place, the Orlando Sentinel reported that a bewildered crowd of about 150 received the not-guilty verdict with chants of, “No justice, no peace.”

“He …read more

Source: FULL ARTICLE at Fox US News

Online support grows for North Dakota newscaster suspended for salty start

A North Dakota newscaster who uttered a profanity to begin is debut as anchor has been suspended, but online support for the young newsman is growing as the clip goes viral.

A.J. Clemente made his debut as co-anchor for Bismarck NBC affiliate KFYR on Sunday, but the University of West Virginia graduate was seemingly unaware his microphone was on as colleague Van Tieu began the newscast.

“F—— s—,” Clemente said seconds after Tieu kicked off the broadcast and mumbled incoherently. He later stammered through introducing himself at the station.

“Ummm, thanks Van, I’m very excited,” he said. “I graduated from West Virginia University and I’m used to, um, you know, from being, from in the East Coast.”

Clemente then reports on a fatal ATV crash in Williams County. He later summarized his performance on Twitter.

“That couldn’t have gone any worse!” he wrote.

Clemente did not join Tieu for the following newscast and has been suspended, according to a post on the station’s Facebook page.

“He did not realize his microphone was on, but still, that’s no excuse,” said KFYR-TV news director Monica Hannan. “We train our reporters to always assume that any microphone is live at any time. Unfortunately, that was not enough in this case. We can’t take back what was said. The person involved has been suspended until we resolve the situation. All we can do at this point is ask for your forgiveness, and I can offer my personal assurance that I will do my best to ensure that nothing like this ever happens again under my watch.”

Clemente, who briefly erased his Twitter account late Sunday, later thanked viewers for supporting him through the “tough” debut.

“I’ll try my hardest to come back better and learn from this,” he wrote.

Many fans on the station’s Facebook page, meanwhile, have asked management not to fire the young newscaster.

“While this is definitely spreading across the country, please consider not firing him,” one posting read. “The kid screwed up big time, but he shouldn’t have to have his early career ruined because of it, especially after moving all the way to North Dakota from West Virginia.”

Another user wrote: “I really don’t think suspension is going to help anything. The kid is super green, and he needs practice more than anything. If you yank him off the air immediately, that’s going to create a huge obstacle for him to climb. You hired him. He needs to know he has the support of his station when he makes a mistake. Not to have the carpet pulled out beneath him. Get him back on the air, so he can learn from this and get better.”

From: http://feeds.foxnews.com/~r/foxnews/national/~3/FLYwhQG09uQ/

Scientists: Superstorm Sandy jolted United States

Superstorm Sandy didn’t just rattle the East Coast, it also jiggled the ground across the country ever so slightly, scientists reported Thursday.

Earthquake sensors located as far away as the Pacific Northwest detected the storm’s energy as it surged toward the New York metropolitan region last year. The network typically records the sudden release of energy in the Earth’s crust, but it can pick up shaking triggered by ocean waves, mine cave-ins and tornadoes.

As Sandy lashed at New York City and New Jersey, the force of waves slamming into other waves shook the seafloor, which was recorded by the system of 500 sensors.

The energy generated by Sandy was similar to small earthquakes between magnitudes 2 and 3, seismologists at the University of Utah estimated.

While they did not track Sandy’s strength last October, they went back and analyzed seismic data before and after the storm churned ashore. The findings were presented at a meeting of the Seismological Society of America in Salt Lake City.

Sandy, which started off as a hurricane that later merged with another storm system, caused widespread property damage, swamping homes and businesses along the jersey shore and parts of New York City.

Sandy wasn’t the first storm to be sensed by quake stations. When Hurricane Katrina took aim at New Orleans in 2005, instruments in California tracked the path of the punishing waves.

Other events also have been captured by seismic sensors in recent years. A deadly coal mine collapse in Utah in 2007 registered as a magnitude-3.9 quake. Earlier this year, a meteor that exploded over Siberia’s Ural Mountains sent rippling shock waves that were detected by ground instruments.

___

Online:

Seismological Society of America: http://www.seismosoc.org/

From: http://feeds.foxnews.com/~r/foxnews/national/~3/fmJ-LFwTKTI/

Managing Your Data Growth by Migrating to Cloud Storage

By Michael Goodenough, AdVoice

Despite attempts to limit and even delete stored data, archived business data continues to grow exponentially. Once companies have eliminated unnecessary data and implemented an information lifecycle management solution, they’ll eventually need a data storage solution. Compliance, data retention requirements, and the rising cost of hardware infrastructure are pushing businesses to explore alternatives to traditional storage. At some point, it makes sense to investigate the realities of a cloud storage solution. You must follow the cloud migration best practices in order to begin moving your data to cloud storage. Preparing to Store Files in Cloud Storage Once you make the decision to store data in the cloud, it’s time to create a migration plan, including a diagram to help organize your files, data sets, and current onsite storage systems. Ask your website administrators to catalog your current storage volumes and file types in use to determine which files you need to store in the cloud. Next give some consideration as to where your files currently reside and determine if storing them in U.S. East Coast and/or U.S. West Coast location(s) would help improve your geographic redundancy and end-user access time to extract data from cloud storage. Also, have your staff consider the authorization structure for managing these files (images, html, text, audio or video files) since you will have the ability to use permissions to manage files securely in cloud storage. Do I Need a File Upload Application? The actual data migration process is actually the next step in managing data growth in the cloud. Because the file size for an initial upload can be large (100GB to 500GB) and might use a sizeable percentage of your total Internet connection (1.54 Mbps, 10Mbps, 100Mbps,>100Mbps LAN speed), you’ll want to schedule the data upload event during off-business hours to avoid service interruptions. In order to simplify the file migration process, ask your IT administrator to investigate the installation and configuration of a file upload and manage application, such as EMC GeoDrive, Google Chrome Atmos, or AtmosFox plug-ins. Accessing Cloud Storage: 3 Use Cases Following are three examples of how various user types can potentially access cloud storage, depending upon the service and how your IT department sets it up. 1)      Software Developer Application Writing to Cloud Storage through RESTful API Many software developers want cloud-based storage that will accept a RESTful Web Services API call to target storage for code and related assets. In this case they’ll find several services that do accept RESTful commands that integrate into development routines, giving flexible options for managing objects in the cloud. Software programming language bindings are also available to accelerate code development for popular languages, such as Python, Java, Ruby and others. The Python wrapper, for example, performs string signing, sends the HTTP requests, and parses the responses. 2)      IT Administrators Can Use Cloud Storage to Address Data Growth and Protections Administrators can add additional security to their files with many cloud storage services by applying 256 bit AES encryption using the letter

From: http://www.forbes.com/sites/centurylink/2013/04/16/managing-your-data-growth-by-migrating-to-cloud-storage/

CSX's Earnings Should Keep Chugging Along

By Dan Caplinger, The Motley Fool

Filed under:

On Tuesday, CSX will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they’ll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you’ll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.

As a major railroad company, CSX has benefited from high energy prices in recent years that have made rail transportation a more efficient way of moving goods over long distances. But the decline in demand for commodities like coal has crimped the railroad‘s results lately. Let’s take an early look at what’s been happening with CSX over the past quarter and what we’re likely to see in its quarterly report.

Stats on CSX

Analyst EPS Estimate

$0.40

Change From Year-Ago EPS

(7%)

Revenue Estimate

$2.91 billion

Change From Year-Ago Revenue

(1.7%)

Earnings Beats in Past 4 Quarters

4

Source: Yahoo! Finance.

Will CSX fire up its engines this quarter?
Analysts have gotten more pessimistic about CSX‘s earnings over the past few months, as they’ve cut back on their estimates for the just-ended quarter by $0.03 per share and chopped $0.07 per share off their full-year 2013 consensus. But the stock has kept motoring ahead, climbing more than 20% since early January.

Railroads have done extremely well in recent years by capitalizing on the big boom in commodities demand, especially overseas. For CSX, coal was a big driver of its major efficiency gains, as more than 70% of coal delivered to electricity-generating power plants goes by rail. But when rock-bottom natural-gas prices led electric utilities to shift from coal to gas to fuel their power plants, CSX and many of its rivals took big hits. In particular, Norfolk Southern , with similar geographic exposure to the Appalachian coal-producing region, shared CSX‘s declines.

But CSX has a couple of options to pursue to rebound. One way would be to take advantage of growing export demand for coal, as natural-gas prices in other areas of the world are far less competitive than they are within the U.S., and low shipping costs make global coal transport economically viable. The other alternative is to borrow a page from other railroads and seek to transport cheap domestic oil by rail from hard-to-reach areas to existing refineries, especially on the East Coast. Union Pacific and Canadian National have found high demand for their services in the oil-producing areas of Alberta and the Bakken, and although CSX‘s home territory is better served by existing pipelines, it could nevertheless have an opportunity to boost demand by meeting other needs.

In CSX‘s earnings report, watch to see how the railroad responds to the growing trend toward considering relocation of manufacturing capacity back into the U.S., as

From: http://www.dailyfinance.com/2013/04/14/csxs-earnings-should-keep-chugging-along/

Secrets of Successful Airlines

By Asit Sharma, The Motley Fool

Filed under:

The airline industry has a singular talent for draining the pockets of well-intentioned investors. Highly leveraged balance sheets and bankruptcies are the norm. Significant labor costs and unpredictable jet fuel prices wreak havoc on variable costs. Yet some airlines generate solid returns quarter after quarter. Alaska Air Group , Ryanair , Southwest Airlines , and Copa Holdings each manage to be consistently profitable. Let’s examine a few themes they share in common, and zero in on their individual strategic ideas.

1. Go regional
None of the four airlines above tries to compete on a grand international scale, with presence in every metropolitan area that looks enticing on a map. Instead, each confines itself more or less to a geographical theme. Alaska Air, for example, primarily focuses on the West Coast of the U.S., along with Alaska (naturally) and Hawaii, with some coverage in the Midwest and on the East Coast. Ryanair operates as a European carrier, with comprehensive coverage across the continent.

2. Maintain a uniform fleet
Southwest pioneered the practice of buying a single type of aircraft from the same manufacturer, which cuts down on maintenance costs significantly, as less specialization of maintenance is required and a standard extra-parts inventory can be maintained at various airports. Large carriers that choose to service a variety of hubs and both short- and long-haul flights can end up like US Airways, which stocks its fleet with multiple model series from at least three different airline manufacturers.

3. Invest in a fuel-efficient platform
The actual aircraft that makes up a uniform fleet is a significant decision. All four airlines have invested heavily in the fuel-efficient Boeing 737 platform. Variants of the 737 represent nearly all of the these companies’ active fleets. The 737 has been in continuous production since 1967, and it has been marked by continuous evolution in fuel efficiency and performance in the short-to-medium-range flight segment. So after choosing to implement a uniform fleet strategy, each of this group has voted the venerable 737 series with their checkbooks and long-term debt capacity.

Beyond these three key points, each airline has a strategic bet fueling its returns:

Alaska Airways
Alaska Airways focuses on return on invested capital, or ROIC, as a key performance metric. ROIC is an excellent metric for an airline to consider, as it counts all invested capital, including debt a company must repay, as the base on which financial returns are earned. ROIC forces a company to understand its returns in the context of its debt. In 2012, the airline achieved an ROIC of 13% .

Alaska Airways also invests in its people. In 2012, Alaska’s net income as a percentage of revenues was 6.8%. It could have been 8.6%, but the company paid out $88 million of variable incentive pay to its workforce. By making such a significant discretionary payment, the company is proving the premise that giving its workforce an incentive to work around a “common set of goals” will

From: http://www.dailyfinance.com/2013/04/12/secrets-of-successful-airlines/

Limitless: Ted Cruz Values Freedom

By Judy B. Lloyd

Ford Racing Aluminum Driveshaft

U.S. Senator Ted Cruz recently visited California and was among the featured guests at the Lincoln Club of Northern California’s spring seminar. He spoke of his vision for America which stands in striking contrast with Barack Obama’s.

Senator Cruz was the youngest Solicitor General in Texas; trained at Ivy League Schools (Princeton and Harvard) on the East Coast. He has authored more than 80 U.S. Supreme Court briefs and argued 43 oral arguments, according to his website.

Senator Cruz introduced his wife Heidi, who worked for Condoleezza Rice when Rice served in the White House as National Security Adviser. Then, Heidi handled Western Hemisphere policy. Now, she is Vice President of Goldman Sachs in Houston, Texas.

When Senator Cruz first met Heidi’s family – missionaries who were vegetarians – he celebrated Christmas dinner with them. When asked how a vegetarian Christmas differs from Christmas in Cuba, Senator Cruz said that it’s mostly the same – except that the entree never arrives.  He talked of the Cuban tradition which includes roasting an entire pig.

It’s stories like these that endear you to Ted Cruz, who, liked any good Texan, is polite, likable and approachable.

Cruz spoke of protests of a speech he gave at U.C. Berkeley right when Facebook began. He talked about Berkeley’s passionate involvement and suggested students stay engaged and make it a better world. Unlike some on the left who criticize Cruz, he feels that people who disagree with him are not stupid or evil. He suggests approaching people with a more friendly debate demeanor –

“Pretend it is your mother. You cannot convince anyone otherwise.”

Unlike most liberals who’d like to stick a fork in the GOP, stating that the party is “done”, Cruz doesn’t think Republicans will give up –

“Just because we got clobbered in 2012 doesn’t mean we’re done”.

Senator Cruz defines the economic pie as ever-changing. It doesn’t stay stagnant with 47 percent dependent on government.  His philosophy, much like other job-creating Republicans is to have a larger economic pie by creating jobs and more taxpayers, enabling more people get a piece of the pie.

He has advice for Republicans who got caught up in the 2012 rhetoric. He believes the party focused too much on acknowledging those who have already succeeded rather than convincing those who want to achieve –

“Rather than saying ‘You built that’ – say – ‘You can build that.’ “

Cruz discussed debt to his young daughters and says that debt has gone from 10 trillion to 16 trillion in the last four years. It clearly troubles him to think that the cost of our bloated government today will be passed on to his kids to pay.

He talks about Obamacare stating that those who will be hurt most by Obamacare are those who may need help the most.  Many of them are of Hispanic origin, living in Texas. He talks of the court cases against Obama, stating that in the end we’ve got to win the argument, because the future of America’s economic health depends

From: http://www.westernjournalism.com/limitless-ted-cruz-values-freedom/

Sandy retired from tropical storm name list

Sandy is being retired from the list of tropical storm names because of the catastrophic damage its massive size and strength caused along the East Coast last year.

National Oceanic and Atmospheric Administration officials say the name Sara will take its place. Sandy was retired Thursday from the official list of Atlantic Basin tropical storm names by the World Meteorological Organization‘s hurricane committee.

Storm names are recycled every six years unless they’re retired because of extreme damage or a considerable number of casualties.

Sandy is the 77th storm name taken off the list since 1954. The National Hurricane Center has attributed 72 deaths from Maryland to New Hampshire directly to Sandy, though some estimates were higher. It wiped out entire neighborhoods and was one of the country’s costliest natural disasters.

From: http://feeds.foxnews.com/~r/foxnews/national/~3/UGEYK610JKU/

U.S. Retailers Report March Sales Rose Modestly

By The Associated Press

Filed under: , , , ,

Mike Groll/AP

NEW YORK — U.S. retailers are reporting a key revenue figure rose slightly in March, as shoppers held back on spending because of the cold weather across the nation, particularly the Midwest and East Coast, and continued fears about the economy.

Overall, 14 retailers reported on Thursday that revenue at stores open at least a year — a key indicator of retail health — rose an average of 0.6 percent, according to research firm Retail Metrics. Including drugstores, the number was slightly higher, up 1.5 percent.

“While clearly that’s not a great number by any stretch, it could have been worse,” said Ken Perkins, president of Retail Metrics. “Wintry weather conditions persisted deep into March depressing spring apparel, home and garden, and seasonal merchandise sales.”

He expects April to be stronger, as the weather improves and customers respond to strong fashion trends such as colorful jeans. An earlier Easter, which meant one less selling day in March, will also help April results, he said.

The number of retailers reporting monthly sales figures has been shrinking. Big names like Target Corp. (TGT), Macy’s Inc. (M) and Nordstrom Inc. (JWN) have recently stopped reporting. Walmart Stores Inc. (WMT), the world’s largest retailer, hasn’t reported monthly sales figures in several years.

Revenue in stores open at least one year is a key measure of a retailer’s financial health, because it excludes stores that open or close during the year.

Retailers who do report had a mixed month, with those with more stores on the East Coast, where the weather was cold and wet, faring worse than stores on the West Coast.

Sponsored Linksadsonar_placementId=1505951;adsonar_pid=1990767;adsonar_ps=-1;adsonar_zw=242;adsonar_zh=252;adsonar_jv=’ads.tw.adsonar.com’;

TJX Cos. (TJX), which operates TJX and Home Goods stores, said revenue in stores open at least one year fell 2 percent, while analysts expected a 1 percent drop. The company said that the drop was due to the weather and the Easter shift, and they expect a stronger April.

“Overall business trends improved as the weather became warmer,” said CEO Carol Meyrowitz. “April is off to a good start, our inventories are in great shape, and we are seeing an enormous amount of desirable product in the marketplace.”

L Brands, formerly Limited Brands Inc. (LTD), the parent of Victoria’s Secret and Bath and Body Works, says the revenue figure was flat, above analyst expectations for a drop, according to Thomson Reuters.

Warehouse club operator Costco Wholesale Corp.’s (COST) revenue figure rose 4 percent in March, short of expectations for a 5.2 percent rise.

Department store operator Stein Mart Inc. (SMRT) said revenue at stores open at least a year dropped 2.8 percent in March, falling short of Wall Street predictions. The company said sales were hurt by cold

From: http://www.dailyfinance.com/2013/04/11/march-retail-sales-rise/