Aspiring Army Rangers, Barbie and the first African-American woman to be AG are women to watch this week Ellen Kullman: Criticism with a side of carrot cake was how Fortune described a lunch activist investor Nelson Peltz hosted for DuPont’s largest shareholders and Wall Street analysts last week.
The meeting was proof that Peltz is still on the warpath, and DuPont CEO Ellen Kullman is still in his crosshairs. His firm, Trian Fund Management, owns 2.7 percent of the chemical company, and Peltz has launched a proxy fight in hopes of replacing four of the company’s directors with his own nominees.…
Mon, 27 Apr 2015 00:39:20 +0000 Uber faces lawsuits over service dogs, blind, disabled riders The Uber Technologies Inc. ride sharing businesses is being sued by blind riders in California and a retired judge in Phoenix for alleged violations of the Americans with Disabilities Act.
The Arizona and California lawsuits contend Uber and its network of freelance drivers don’t abide by the ADA and whether they are able to pick up disabled riders who are blind or in wheelchairs.
Title 3 of the federal law requires transportation companies to make reasonable accommodations for the disabled.…
Mon, 27 Apr 2015 00:22:17 +0000 BaltimoreTech website aims to create virtual tech community Betamore leaders envision the nonprofit as the central node of an entrepreneurship network that spans the greater Baltimore area.
The nonprofit’s Federal Hill offices can be a place for startups to set up a small office, or gather for educational training. Meanwhile a new 44-member advisory board will connect all the key players — investors, business advisors, successful business leaders — across the region.
A new website, Baltimoretech.org, is designed to be the virtual welcome mat.
Sun, 26 Apr 2015 23:40:17 +0000 Cuomo predicts disaster in New York City real estate market without rent stabilization extension Gov. Andrew Cuomo predicted disaster for New York City's real estate market if the state Legislature fails to renew a rent stabilization law set to expire in June.
"If we don't extend rent [measures], we will have chaos in the real estate market," Cuomo said Friday to the Association for a Better New York in Midtown. "Without rent regulations and rent stabilization, you'll have chaos in the real estate market unlike anything you've ever seen. Because if it lapses one day, you will see real estate…
Sun, 26 Apr 2015 23:05:15 +0000 Lumberyard redevelopment in Grafton adds more apartments to first phase Shaffer Development LLC added more apartments to the first phase of its Lumberyard development in Grafton, bringing the count to 72.
Also this week, Greenfield officials approved plans for a Meijer store and Cobalt Partners' redevelopment of 42 acres near Interstate 894.
In Grafton, village officials and Mequon developer Cindy Shaffer are working their way toward a fall construction start for the Lumberyard. The project covers 4.7 acres at Wisconsin Avenue and Beech Street, envisioning a neighborhood-style…
Sun, 26 Apr 2015 23:00:00 +0000 The Brooklynization of Allston begins It happened quietly last week.
A sign was painted in big stenciled lettering on top of what used to be the Allston outpost of Somerville's Joshua Tree Bar: "The Bee's Knees Supply Co."
To longtime residents of Allston, the opening of the Bee's Knees market and restaurant — which happens to have quality sandwiches, wines and other foods — heralds the Brooklynization (or Somervillization or Southie-ization) of the neighborhood. Google Brooklynization and you'll find other neighborhoods in other…
Sun, 26 Apr 2015 21:47:23 +0000 Hawaii Senate confirms Suzanne Case to lead state land agency Suzanne Case, who has been with The Nature Conservancy of Hawaii for 28 years, won confirmation from the Hawaii state Senate to serve as the chair of the state Department of Land and Natural Resources.
Case won confirmation by a 23-0 vote on Friday. Two members of the chamber, Sens. Donovan Dela Cruz and Brickwood Galeteria, were excused.
Case was nominated by Gov. David Ige earlier this month after withdrawing his nomination of Castle & Cooke executive Carleton Ching.
She told PBN after her nomination…
Sun, 26 Apr 2015 21:22:48 +0000 Belmont Savings hits $1 billion deposit mark in solid Q1 The total deposits held by BSB Bancorp, the parent of Belmont Savings Bank, surpassed $1 billion for the first time last quarter, tripling what the bank held when CEO Robert Mahoney took the helm five years ago.
Belmont Savings (Nasdaq: BLMT) finished the first quarter of 2015 with $1.04 billion in deposits and $1.47 billion in assets, increases of 6 and 3 percent from the end of 2014, respectively, it said in a statement released Friday. Its earnings more than doubled from the first quarter last…
Sun, 26 Apr 2015 21:01:33 +0000
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