Monday, August 14, 2006

Buffalo, New York —The preliminary hearing for a lawsuit filed against the Elmwood Village Hotel proposal in Buffalo, New York as well as the City of Buffalo has been postponed indefinitely and will take place “as needed” pending the resubmission of the proposal by Savarino Construction also of Buffalo. A request was made to New York State Supreme court Judge Justice Rose Sconiers, the judge to preside over the case, to discuss a “timetable” for resubmission, but the court “decided not to,” said attorney Arthur Giacalone who represents the plaintiffs in the lawsuit.

The hotel would require the demolition of at least five properties, 1109-1121 Elmwood and would cause the closure of several businesses. Already, two businesses, Skunk Tail Glass and Six Nations Native American Gift Shop have relocated, outside the Elmwood Strip. Don apparel, H.O.D. Tattoo and Mondo Video still remain on Elmwood; however, Mondo Video is planning on moving to a new location. The hotel will be 72 rooms and will cost at least 7 million dollars to build. Wyndham Hotels is expected to be the owner/operator of the hotel. The properites are currently owned by Hans Mobius. Two other properties, 605 and 607 Forest might also be part of the proposal. 605 Forest is owned by Pano Georgiadis, owner of Pano’s Restaurant on Elmwood Avenue in Buffalo. 607 Forest is owned by Mobius.

“There’s no new [court] date. The next appearance will be as needed,” said Giacalone.

The proposal was withdrawn by Savarino on July 13, 2006 to undergo “a do-over” and according to the Buffalo News, “shed the lawsuits” against the proposal; however, so far the proposal has “not yet” been resubmitted, but could be in about a “week.”

“With Council being out of session we have a bit of time [before resubmitting]. [We will] Probably resubmit] in a week or so,” said Sam Savarino, CEO of Savarino Construction.

“We welcome some discourse on this project and while we realize that, in all likelihood, we will not make everybody happy, we hope we can develop a consensus that what we provide on that corner will be something that is an enhancement to the neighborhood and the community. Better to have that decided (again?) in a public forum and through the approval process than through a debate over points of law in a courtroom,” added Savarino.

Despite the withdraw of the proposal, Giacalone states that the lawsuit his clients filed is still in effect due to the re-zoning of the properties, which he says are still in place and that he is “frustrated” that his client’s “day in court” has been delayed continuously by Savarino and the city.

Savarino believes that the re-zoning of the properties are “not in effect” because the proposal was withdrawn. He also stated that he is “unsure” on a decision to request the rezoning again because the “city suggested” the rezoning “last time.”

“We have pulled the request [proposal] so I would suppose it [the rezoning] is not in effect. We are as of yet unsure of whether or not to request rezoning of all the parcels. We are communicating with the City on this. You may recall that the City suggested this to us last time. We want to make sure we are doing the correct thing – and the proper thing. I am not sure whether I have a clear indication of that at this juncture,” said Savarino.

Savarino was asked if the proposal was going to be resubmitted or not, but did not answer the question.

Giacalone states that there may be several resons as to why “a new application has not been filed. Is Savarino having a hard time coming to an agreement with Mobius? Has Wyndham Hotels backed out? Is Savarino negotiating with Pano to buy the [605] Forest Avenue property?”

Buffalo’s Common Council is scheduled to meet on September 9, 2006 after Summer recess.

Saturday, March 8, 2008

Satellite Information Services Limited (SIS), the racecourse television company part-owned by William Hill (19%) and Ladbrokes (23%), has been named by the BBC as the preferred bidder for its Outside Broadcasts division, one of three active businesses within BBC Resources Ltd. Other SIS shareholders include, Thales (Racal) (23%), United Business Media (19%), Racecourse Association (10%) and the Tote (6% – all figures rounded).

SIS Chief Executive David Holdgate would not comment on the terms of the deal, thought to be between £20m and £50m, but said it would be “an ideal acquisition for SIS” and “a perfect fit with our existing SISLink and sports coverage”. The company has long-term contracts with other leading broadcasters, such as Sky and ITV and provides satellite links for live sport and news.

In a statement, the BBC said that it intended to exchange contracts and transfer the Outside Broadcasts business and around 300 staff in the near future, with Andrew Thornton, BBC project director for the sale of the division, saying that “SIS offered the BBC a good deal and best value for licence fee payers”. Mark Tugwell, Director, BBC Outside Broadcasts, added “it’s time for our business to flourish under new ownership, without the constraints of BBC ownership”.

The transfer would mean that SIS will be covering major sporting events including the Beijing Olympics for the BBC in August 2008.

The division — part of the BBC’s commercial subsidiary, BBC Resources Ltd — owns a fleet of 15 television production units plus sound, support and communications vehicles (making a total fleet of over 90) and is based in self-contained premises in Langley, three miles north-west of Heathrow. These units cover events ranging from music festivals and state occasions, to Wimbledon and World Cup football.

On 7th March 2008 the surprise announcement was made that the studio operation — employing around 350 staff at Television Centre and Elstree — would be “retained by the Corporation as a commercial business” after failing to find a buyer.

The fate of this third business has yet to be announced with the BBC continuing negotiations with the preferred bidder “understood to be a company based in west London“.

Was not included in the privatisation — in early October 2007 it was announced that the business was to close within six months and the entire stock sold as a complete collection. The sale fell through, and on 14th February 2008 the department ceased trading, with a BBC spokeswoman adding that “the arrangements [the corporation] was pursuing have not worked out and BBC Resources is currently inviting interested parties to consider making an offer to purchase.”

BBC Costume and Wigs — which had been trading as part of BBC Studios — was the second largest collection of its kind in the UK, after the leading suppliers Angels The Costumiers.

Wednesday, March 3, 2010

Ford Motor Company said on Tuesday that its sales in the United States rose 43% in February compared to the same period last year, as the automaker outsold rivals Toyota and General Motors.

Ford said that total sales improved to 142,285 units, compared to 141,951 units sold by GM. Additionally, Ford said that its share of the total US car market rose to 17%, up from 14% a year ago. The increase was better than analysts had predicted, and Ford’s stock rose to a five-year high in morning trading, before declining later in the day. Ford’s sales were significantly influenced by a 74% increase in fleet sales to businesses. Rental car agencies alone accounted for around 30,000 units sold. Sales to retail consumers increased only 28%.

The increases were led by sales of two sedans, the Fusion and Taurus, which rose 166.5 and 93.3% respectively, although sales of other models such as SUVs and pickup trucks also increased. Both models were significantly redesigned last year, and analysts said that improved quality from such cars were driving the increases.

Other companies also reported February sales today, nearly all reporting sales gains as well, although none as large as those of Ford. Toyota was the sole exception to the sales gains, as their sales declined 8.7%, as the company was faced with a global recall during the month that led to a temporary stoppage of production for some models.

“The strength of our new products … are resonating with customers,” said Ken Czubay, Ford’s vice president of sales and marketing. However, he believed that traditional Toyota customers were not buying rival autos, but rather awaiting the results from the recalls.

Tuesday, June 8, 2010

Yesterday, at this year’s Apple Worldwide Developers Conference (WWDC), company CEO Steve Jobs unveiled iPhone 4, along with the new iOS 4 operating system for Apple mobile devices.

The announcement was long-awaited but not a very big surprise. In April, the technology blog Gizmodo obtained a prototype of the new phone and published details of it online. While introducing iPhone 4, at the annual conference, Jobs started by hinting at the incident, saying, “Stop me if you’ve already seen this.”

The new iPhone was praised by Jobs as “the biggest leap we’ve taken since the original iPhone.” It is only 9.3 millimetres (0.37 inches) thick, making it “the thinnest smartphone on the planet”, a 24 percent reduction from Apple’s previous model, the iPhone 3GS. Structure-wise, iPhone 4 has a new stainless steel frame, which acts as an antenna, supposedly boosting its signal reception abilities and possibly reducing the amount of dropped calls. It also has a new screen, dubbed a “retina display,” which displays images at 326 pixels per inch. During the keynote, Jobs demoed the device’s new internal gyroscope as well. Even though it now uses Apple’s faster A4 processor (first used in its iPad tablet), iPhone 4 has a claimed seven hours of 3G talk time, up two hours from the 3GS.

In addition to its design features, Jobs showed off iPhone 4’s new video calling abilities. This feature is called FaceTime, and connects with other iPhone 4s via Wi-Fi. The phone has two cameras: one on the front for video chats, and one on the back for taking pictures and other videos. The rear camera has a resolution of five megapixels, is capable of recording high-definition video, and has an LED flash.

The iPhone 4 will use Apple’s latest mobile operating system, iOS 4. Formerly “iPhone OS,” iOS 4 was first introduced by Apple in April, and includes multitasking capabilities. Jobs called the new software “the most advanced mobile operating system in the world.” iOS will support Apple’s new mobile advertising service, iAd, which goes live on July 1.

iPhone 4 will be available on June 24 in the United States, United Kingdom, France, Germany, and Japan. It comes in two colors—black and white—and two storage capacities. The 16GB version is priced at US$199 and the 32GB version at US$299. The iPhone 3GS’s price will be reduced to US$99, and the iPhone 3G will be discontinued. iOS will be available as a free software update to users of compatible older Apple devices (including the 3GS) on June 21. In the U.S., iPhone 4 will only be available on AT&T’s cellular network, despite calls for Apple to let the iPhone be used on other carriers, such as Verizon.

Competition-wise, the BlackBerry mobile device is still the most popular smartphone right now. Apple is also facing some serious competition from web giant Google’s Android operating system, as well as Palm’s webOS. Earlier this year, Android phones managed to outsell iPhones. iPhone users, however, account for over half of those surfing the Internet on a mobile browser in the U.S. Jobs also noted that over five billion iOS applications, commonly called “apps,” have been purchased from Apple’s App Store. The App Store currently has around 225,000 different apps for sale.