Monday, August 5, 2013

Irving Oil Deal Doubles to $300M


The transaction marks the Canadian oil company's fifth visit to the USPP market.

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Source: http://www.privateplacementletter.com/news/Irving-Oil-Deal-Doubles-242659-1.html

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Sunday, August 4, 2013

Aaron Hernandez to Facebook Fan Page Creator: I'd Like it But There's No Internet in Here LOL!

Source: http://www.thehollywoodgossip.com/2013/08/aaron-hernandez-to-facebook-fan-page-creator-id-like-it-but-ther/

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Documents: SEC probing McAuliffe former e-car firm

RICHMOND, Va. (AP) ? The electric-car company headed until last fall by Democratic Virginia gubernatorial candidate Terry McAuliffe and a sister company led by the brother of former Secretary of State Hillary Clinton are under federal scrutiny over how they used a foreign investor visa program.

Nearly 100 pages of newly released documents reveal the Securities and Exchange Commission in May subpoenaed records of GreenTech Automotive and Gulf Coast Funds Management, a partner in GreenTech's efforts to establish plants in Mississippi. The inquiry is related to their use of a Department of Homeland Security program that grants permanent residency to foreign investors who invest $500,000 or more in economically struggling areas for ventures that create American jobs.

McAuliffe is a former chairman of the Democratic National Committee and close friend and chief fundraiser for the presidential campaigns of Bill and Hillary Clinton. He was a co-founder and chairman of GreenTech until he quietly resigned after announcing his candidacy for governor in November.

"I left the company in December of last year, and I don't know anything about it," McAuliffe said after participating in a forum in Wytheville, Va., with state Attorney General Ken Cuccinelli, his Republican opponent in the nation's only competitive governor's race this fall.

Gulf Coast's chief executive and president is Anthony Rodham, the brother of the former first lady.

There was no reply to telephone messages the AP left Friday afternoon at Gulf Coast's McLean, Va., headquarters and at Rodham's home.

GreenTech, in an emailed statement to AP, acknowledged receiving the subpoenas and said the company is cooperating with investigators.

SEC spokesman John Nester declined to comment on the investigation.

GreenTech, with the aid of Gulf Coast, used what is known as the EB-5 program to attract overseas capital, particularly from China where the company has its roots. Gulf Coast is one of hundreds of "Regional Centers" that pool investments from foreign nationals looking to invest in U.S. businesses or industries as part of the foreign investor visa program.

Documents posted on the website of Sen. Charles E. Grassley, R-Iowa and the ranking member of the Senate Judiciary Committee, show that the SEC's subpoena sought unspecified documents from GreenTech and banking records from Gulf Coast. The documents also indicate that GreenTech impermissibly guaranteed investors returns on their money.

"The SEC is looking into the Regional Center (Gulf Coast) for possible security violations. SEC has issued subpoenas on the Regional Center's bank records. The SEC also informed USCIS of a publicly posted (an) unsigned promissory note posted online which guarantees returns on the GreenTech Automotive investment," according to one official summary that found "fraud was possible but not fully verified."

The documents include a 12-page letter from Grassley to Alejandro Mayorkas, director of U.S. Citizenship and Immigration Services which oversees the EB-5 program, accusing Mayorkas of providing unusually preferential treatment to the politically connected McAuliffe and Rodham to expedite EB-5 applications from foreign investors.

Among documents Grassley references is an email from McAuliffe in which he complains about the deliberate pace of USCIS staff in approving an application and drops the name of Virginia's senior U.S. senator, Mark R. Warner, to drive home his point.

"I have been extremely frustrated by the USCIS approval process," McAuliffe wrote to Doug Smith, a Homeland Security assistant secretary on July 28, 2010. "You should be aware that Senator Warner and other Members of Congress have made inquiries on this project."

Mayorkas, testifying last week on his appointment before a skeptical Senate Homeland Security Committee, denied ever exercising undue influence on the outcome of a case.

McAuliffe, in the gubernatorial campaign, touts his stewardship at GreenTech as an example of his prowess at creating jobs. Last year, he said he located a start-up plant for the tiny, all-electric, two-seat MyCar in the Memphis, Tenn., suburb of Horn Lake, Miss., because Virginia economic development officials would not bid on the factory.

Years' worth of emails and other correspondence between McAuliffe and other GreenTech executives and Virginia Economic Development Partnership first reported by AP in December showed that VEDP staff under Democratic and Republican governors showed company officials a variety of sites in economically depressed Virginia regions. But the Virginia officials never got answers to questions about company operations and became skeptical of the investments-for-visas EB-5 program as a cornerstone of GreenTech's financing.

___

Online:

Senate Judiciary Committee documents (Grassley): http://1.usa.gov/1cmhM8c

___

Debra McCown, reporting from Wytheville, Va., contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-08-02-SEC%20Investigation-McAuliffe/id-e392c54c25914502a0d0ca0bc57ba8d3

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Dying 2-year-old is Pa. couple's best man

AAA??Aug. 3, 2013?10:37 PM ET
Dying 2-year-old is Pa. couple's best man
AP

Christine Swidorsky carries her son and the couple's best man, Logan Stevenson, 2, down the aisle to her husband-to-be Sean Stevenson during the wedding ceremony on Saturday, Aug. 3, 2013 in Jeannette, Pa. Logan stood with his grandmother, Debbie Stevenson, during a 12-minute ceremony uniting Logan's mother and his father. The boy has leukemia and other complications. The Stevensons abandoned an original wedding date of July 2014 after learning from doctors late last month that their son had two to three weeks to live. The couple wanted Logan to see them marry and to be part of family photos. Logan, who was born Oct. 22, 2010, was diagnosed shortly after his first birthday with acute myeloid leukemia. He has Fanconi anemia, a rare disease that often leads to cancer. (AP Photo/Tribune Review, Eric Schmadel) PITTSBURGH OUT

Christine Swidorsky carries her son and the couple's best man, Logan Stevenson, 2, down the aisle to her husband-to-be Sean Stevenson during the wedding ceremony on Saturday, Aug. 3, 2013 in Jeannette, Pa. Logan stood with his grandmother, Debbie Stevenson, during a 12-minute ceremony uniting Logan's mother and his father. The boy has leukemia and other complications. The Stevensons abandoned an original wedding date of July 2014 after learning from doctors late last month that their son had two to three weeks to live. The couple wanted Logan to see them marry and to be part of family photos. Logan, who was born Oct. 22, 2010, was diagnosed shortly after his first birthday with acute myeloid leukemia. He has Fanconi anemia, a rare disease that often leads to cancer. (AP Photo/Tribune Review, Eric Schmadel) PITTSBURGH OUT

Newlywed Christine Stevenson kisses the hand of her son, Logan Stevenson, 2, after marrying Sean Stevenson in a wedding ceremony on Saturday, Aug. 3, 2013 in Jeannette, Pa. Logan stood with his grandmother, Debbie Stevenson, during a 12-minute ceremony uniting Logan's mother and his father. The boy has leukemia and other complications. The Stevensons abandoned an original wedding date of July 2014 after learning from doctors late last month that their son had two to three weeks to live. The couple wanted Logan to see them marry and to be part of family photos. Logan, who was born Oct. 22, 2010, was diagnosed shortly after his first birthday with acute myeloid leukemia. He has Fanconi anemia, a rare disease that often leads to cancer. (AP Photo/Tribune Review, Eric Schmadel) PITTSBURGH OUT

Newlywed Christine Stevenson and Sean Stevenson smile after sharing their first kiss at the wedding ceremony on Saturday, Aug. 3, 2013 in Jeannette, Pa. Their son, Logan Stevenson, 2, stood with his grandmother, Debbie Stevenson, during a 12-minute ceremony uniting Logan's mother and his father. The boy has leukemia and other complications. The Stevensons abandoned an original wedding date of July 2014 after learning from doctors late last month that their son had two to three weeks to live. The couple wanted Logan to see them marry and to be part of family photos. Logan, who was born Oct. 22, 2010, was diagnosed shortly after his first birthday with acute myeloid leukemia. He has Fanconi anemia, a rare disease that often leads to cancer. (AP Photo/Tribune Review, Eric Schmadel) PITTSBURGH OUT

Detail from a wedding cake donated by Leslie Joseph of Hunker shows a representation of Logan Stevenson, 2, and his favorite stuffed animal at the Stevenson wedding ceremony on Saturday, Aug. 3, 2013 in Jeannette, Pa. Christine Stevenson and Sean Stevenson's son, Logan Stevenson, 2, stood with his grandmother, Debbie Stevenson, during a 12-minute ceremony uniting Logan's mother and his father. The boy has leukemia and other complications. The Stevensons abandoned an original wedding date of July 2014 after learning from doctors late last month that their son had two to three weeks to live. The couple wanted Logan to see them marry and to be part of family photos. Logan, who was born Oct. 22, 2010, was diagnosed shortly after his first birthday with acute myeloid leukemia. He has Fanconi anemia, a rare disease that often leads to cancer. (AP Photo/Tribune Review, Eric Schmadel) PITTSBURGH OUT

Logan Stevenson's stuffed toy, Bun Bun, rests on a table with his suit jacket after his parent's wedding ceremony on Saturday, Aug. 3, 2013 in Jeannette, Pa. Christine Stevenson and Sean Stevenson's son, Logan Stevenson, 2, stood with his grandmother, Debbie Stevenson, during a 12-minute ceremony uniting Logan's mother and his father. The boy has leukemia and other complications. The Stevensons abandoned an original wedding date of July 2014 after learning from doctors late last month that their son had two to three weeks to live. The couple wanted Logan to see them marry and to be part of family photos. Logan, who was born Oct. 22, 2010, was diagnosed shortly after his first birthday with acute myeloid leukemia. He has Fanconi anemia, a rare disease that often leads to cancer. (AP Photo/Tribune Review, Eric Schmadel) PITTSBURGH OUT

JEANNETTE, Pa. (AP) ? Looking dapper in a tiny tan pinstripe suit and orange shirt, a 2-year-old boy with only weeks to live served as the best man Saturday afternoon for his parents' Pennsylvania wedding.

Christine Swidorsky carried Logan Stevenson on her shoulder at the Saturday afternoon wedding in Jeannette, a suburb of Pittsburgh, the Pittsburgh Tribune-Review reported.

Logan stood with his grandmother, Debbie Stevenson, during a 12-minute ceremony uniting Logan's mother and his father, Sean Stevenson. The boy has leukemia and other complications.

"We're married," Swidorsky exclaimed joyously after kissing her groom to applause from family and friends.

After a whirlwind week, the Jeannette couple tied the knot in a hastily arranged backyard ceremony that formalized their union and celebrated Logan's life, which doctors say will be cut short soon by cancer.

The Stevensons abandoned an original wedding date of July 2014 after learning from doctors late last month that their son had two to three weeks to live. The couple wanted Logan to see them marry and to be part of family photos.

Logan dozed off and on during the ceremony, nestled on his grandmother's shoulder, the Pittsburgh Post-Gazette reported. Debbie Stevenson said he is on medication to make him comfortable, but it also makes him sleepy.

Swidorsky's mother died six years ago and her father died just two months ago, the newspaper said.

Logan, who was born Oct. 22, 2010, was diagnosed shortly after his first birthday with acute myeloid leukemia. He has Fanconi anemia, a rare disease that often leads to cancer.

He endured a stem cell transplant in July 2012. Last March, he underwent surgery to remove a kidney ravaged by a tumor.

During a Make-A-Wish trip to Disney World in June, Logan fell ill. He was hospitalized in Florida before he was flown back to Pittsburgh.

During a trip to the emergency room last month, a test revealed a mass in his remaining kidney, which led to his terminal prognosis. Logan is spending his remaining days at home, where he is showered with attention from family members.

Swidorsky's daughter, Isabella Johns, 13, served as bridesmaid and the couple's 1-year-old daughter, Savannah, was her parents' flower girl.

"This is our dream come true," Swidorsky said through tears, the Post-Gazette reported.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-08-03-Dying%20Boy-Best%20Man/id-849e5871ecee4c13a2e2aed21a170e1c

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Saturday, August 3, 2013

Duke Energy cancels plans for nuclear power plant

Latest Headlines

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Source: http://feedproxy.google.com/~r/wtsp/video/~3/QIc36M0BG0U/default.aspx

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Friday, August 2, 2013

AT&T out, Google in at Starbucks

Bloomberg

Starbucks is replacing AT&T as a provider of Wi-Fi.

In a grande-sized deal Google Inc. and Broomfield, Colo.-based Level 3 Communications Inc. will replace AT&T Inc. as providers of faster Wi-Fi service at thousands of U.S. Starbucks locations, Starbucks Corp. announced Wednesday.

The service will be roughly 10 times faster than what AT&T now provides, although speeds will vary by location, Starbucks (Nasdaq: SBUX) said.

The new vendors will provide service at new Starbucks locations starting in August, then eventually expand to 7,000 more company-owned U.S. stores over the next 18 months.

Level 3 (NYSE: LVLT) will upgrade the existing Wi-Fi devices used at Starbucks locations and manage in-store connectivity for point-of-sale transactions and Starbucks' other retail functions. The Wi-Fi service will carry Google's (Nasdaq: GOOG) brand.

Financial terms were not announced.

AT&T (NYSE: T) currently provides 1.5 megabit Wi-Fi speeds at Starbucks shops via a T1 line, CBS' CNET reports.

Level 3 has worked on projects that share many of the same technical features, but not one putting together the different elements for such a high-profile customer, said Anthony Christie, Level 3's chief marketing officer.

?This is a watershed deal for us,? he said. ?Not because this is something we?ve never done, but it showcases our ability to develop unique solutions on a scale that?s very different from our competitors.?

CNET analyst Shara Tibken writes that the faster service may draw mobile-device users with limited data plans who want to use fast Wi-Fi for data-gobbling services like downloading big files and streaming.

?Every day, our customers rely on the free Wi-Fi at Starbucks to study, work, connect with friends or just relax,? said Adam Brotman, chief digital officer at Starbucks. "We want to make sure that they can access the web effortlessly and quickly, no matter what they?re doing, or what device they are using."

Mark Harden directs print and digital news content for the Denver Business Journal and writes for the "Broadway & 17th" blog. Email: mharden@bizjournals.com. Phone: 303-803-9227.

Greg Avery covers tech, telecom, aerospace and bioscience for the Denver Business Journal and writes for the "Boosters, Bits & Bioscience" blog. Phone: 303-803-9222.

Source: http://feedproxy.google.com/~r/vertical_42/~3/_XhhQAkc0p0/att-out-google-in-at-starbucks.html

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Michael Douglas-Robert De Niro comedy 'Last Vegas' wins appeal of R-rating

By Todd Cunningham

LOS ANGELES (TheWrap.com) - BS Films on Thursday won its appeal of the R-rating initially given to the Michael Douglas-Robert De Niro comedy "Last Vegas," which will now be rated PG-13.

The Motion Picture Assn. of America's classification and rating appeals board announced the switch Thursday. The new rating for the film, which is to open on November 1, is for "brief sexual content."

Morgan Freeman, Kevin Kline and Mary Steenburgen co-star in "Last Vegas," which is directed by Jon Turteltaub ("National Treasure") from an original screenplay by Dan Fogelman. The plot follows four friends who throw a Las Vegas bachelor party for the only one who's remained single.

CBS Films in February shifted the release date from December 20 to November 1, positioning it as counter-programming to Summit's young adult sci-fi film "Ender's Game."

Source: http://news.yahoo.com/michael-douglas-robert-niro-comedy-last-vegas-wins-010307793.html

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