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Tapping out an S.O.S.

When we last left the Federal Deposit Insurance Corp., the Depression-era aqency that backs up our bank accounts was trying to keep a lid on a ''secret'' list it had compiled of 90 U.S. banks teetering on the edge of failure. FDIC's big brothers over at the Securities and Exchange Commission warned everybody not to spread any unsubstantiated ''false'' rumors about this list, lest it spawn another wave of fi ...

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Trump this, Donald

Does the cube farm in your office have the population density of Shanghai? Do you eat your lunch next to the copy machine because the nearest restaurant is five miles away? When you plug your work address into MapQuest, do you get a response that says ''page not found?'' Well, have we got a deal for you! According to this week's edition of Crain's New York Business, there currently is a whopping 54 blocks o ...

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The Mom and Pop Shop’s Gritty View of Government

Small business owners in the United States are overwhelmingly disillusioned and dissatisfied with the federal government, according to a recent press release from American Management Systems, a 21-year-old organization that provides turnaround services and profitability guidance to more than 6,000 small- to medium-sized business across 400 industries. The clear-cut results of the survey, conducted this year ...

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Biotech, biotech sis boom bah!

When cheerleaders from Ohio and Pennsylvania start shouting at each other, it's usually because Penn State's Nittany Lions and The Ohio State Buckeyes are battling it out for the number one ranking in college football. Well, the cheering has come early this year, and we are pleased to report that the ranking generating all the hoopla is Business Facilities' annual tallying of Overall Biotechnology Strength ...

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Dollar keeps falling, but Tennessee is rising

A few months ago, we reported in this space that there is a silver lining in the generally depressing story of the plummeting U.S. dollar: the corresponding rise of the euro is dramatically increasing the cost of manufacturing cars in Europe, leading overseas car makers to take a close look at shifting production to the United States. German auto giant Volkswagen has now put an exclamation point on this tre ...

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The three-legged frog that ate Nutley

For the past 80 years, Nutley, NJ has been a company town. For as long as anyone can remember, the Swiss pharmaceutical giant Hoffman-La Roche has loomed over the local landscape and served up thousands of jobs along with thousands of little blue and yellow pills. The creator of valium and librium probably saw a spike in sales for the popular sedatives in Northern New Jersey late last month, when it sprung ...

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LEED Gets A Makeover! Americans Get Bored?

Yesterday, I received a press release from the U.S. Green Building Council (USGBC) announcing the new certification bodies for the LEED Green Building Rating System. These organizations are: ABS Quality Evaluations, Inc. BSI Management Systems American, Inc. Bureau Veritas North America, Inc. DNV Certification Interek KEMA-Registered Quality, Inc. Lloyd's Register Quality Assurance, Inc. NSF-International S ...

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Spittin’ in the wind

When we last left Rex Tillerson, chief executive of Exxon Mobil, the $479 billion fossil fuel empire he commands was proudly announcing a 29 percent increase in his annual compensation package. Well, Rex must have finished counting all that moolah, because he took the time last week to submit to a Q & A from The New York Times. In the interview, published in Sunday's Business section and adorned with a ...

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Hottest ticket in town

A rather bizarre sight greeted tax attorney Mark Vulcan when he arrived for work at the Maryland Department of Business and Economic Development (DBED) in Baltimore earlier this month. Stretched out in front of the DBED office were a bunch of rumpled executives, several of whom had slept on the sidewalk all night, waiting for Vulcan to arrive. No, they weren't trying to purchase seats on the 50-yard-line fo ...

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Fannie Moe, Larry and Curly

As panicked depositors lined up in sweltering heat out West to bang on the doors of the shuttered IndyMac banking giant, the U.S. Securities and Exchange Commission emerged over the weekend to announce a major crackdown. The SEC usually doesn't work on weekends, because they are so tired from doing almost nothing during the work week, at least for the past seven years. So this figured to be a momentous anno ...

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