By Soyoung Kim and Alwyn Scott NEW YORK (Reuters) – Blackstone Group LP (BX.N) hired former senior Boeing Co (BA.N) executive Jim Albaugh to boost the firm’s private equity activities in the aerospace and defense sector. Continue reading
Tag Archives: businesses
Liberty Mutual to Phase Out 8 Regional Insurance Brands
Liberty Mutual Insurance announced it is planning to retire its regional brands in 2013 to focus on the more recognizable Liberty Mutual brand. Continue reading
Acorn Growth Companies & The Edgewater Funds Partner to Acquire UK Aerospace Firm
OKLAHOMA CITY–(BUSINESS WIRE)– Acorn Growth Companies, a private equity firm focused exclusively in the aerospace and defense sectors, has partnered with The Edgewater Funds to acquire Paul Fabrications, based in Derby, United Kingdom, which specializes in the manufacture of high-precision and complex metal assemblies for the aerospace, power generation and nuclear fueling industries. The acquisition is the second venture for Acorn Growth Companies and The Edgewater Funds since the partnership was announced early this year. Continue reading
Kansai International Airport – Wiki Article – Video
Kansai International Airport – Wiki Article Kansai International Airport ( is located on the west side of Kansai Airport Station. It includes a hotel, restaurants, rental car counters, and other businesses Hotel Nikko Kansai Airport (north po… Continue reading
Business outlook mixed, health care a top concern at economic summit
Concerns about health-care costs and uncertainty about implementation of Obamacare may have held down growth projections in this years Economic Climate Study, presented Friday at an Economic Summit in Johnstown. Health-care costs topped the list of legislative priorities among 126 area businesses participating in the study presented by Pitt-Johnstown associate professors John McGrath and Ron Vickroy during the Greater Johnstown-Cambria County Chamber of Commerce summit at the Pasquerilla Conference Center in Johnstown. Employers are very, very concerned about this, Vickroy told the audience of several hundred business and government leaders. Continue reading
Shooting in Koreatown Ca. – Video
Shooting in Koreatown Ca. One person was transported to the hospital in critical condition after shots were fired in an office building at Wilshire Boulevard and Mariposa Avenue in Koreatown on Thursday afternoon. The shooting happened around 3:45 pm in a realty office on the fourth floor of the high rise, located in the 3400 block of Wilshire Boulervard Continue reading
Freedom Boulevard Intersection In Bryan Closing For Weekend
Traffic tie-ups are coming to Bryan’s busiest street this weekend as contractors shut down Freedom Boulevard at the Briarcrest Drive intersection for the whole weekend. Several local businesses are expecting to take a hit. Driving in Bryan is getting more difficult and a busy weekend will bring detours to a major shopping area. Continue reading
GKN Aerospace's Extended Engine Structures Support Business Features at MRO Europe, 2012
GKN Aerospaces extended aero-engine aftermarket operation is a focus for the company on booth 11250 at MRO Europe, 9 11 October in Amsterdam, alongside its established MRO activities across transparencies, composites and ice protection. GKN Aerospace completed the acquisition of Volvo Aero on 1st October, 2012, and created GKN Aerospace Engine Systems – an operation that takes its place among the leading three aero engine component suppliers globally and includes an established OEM authorised facility that services some 200 engines each year and has a team of skilled field service personnel Continue reading
Health Care: The Next China Boom?
SYDNEY — China’s move from an emerging industrial nation to one with a large middle-class society and an ageing population is likely to see many Australian health care companies benefit. According to the Australian Financial Review, China plans to triple annual spending on health care to US$1 trillion by 2020, to become the second-largest health care market in the world, behind the U.S. Continue reading
Liberty Media to Spin Off Starz
By Jon Lafayette — Broadcasting & Cable, 8/8/2012 9:07:37 AM Liberty Media Wednesday announced plans to spin off Starz LLC into a separate publicly traded company. Executives said that spinoff would give investors a better view of Starz’ operations while creating added liquidity at Liberty Media. “The senior Starz team and I are very energized by the decision to make Starz its own independent company Continue reading
Gay Marketing Group Launches New LGBT Travel Research Program
World Travel Market (WTM), the leading global event for the travel industry and Out Now, the leading marketing organization to reach LGBT (lesbian, gay, bisexual, and transgender) consumers, are expanding their partnership including the unveiling of the world’s largest LGBT research program. In 2012, there will be a combination of options for those seeking to reach the LGBT tourism consumer market – and to network with other businesses globally in a new B2B initiative to be showcased by Out Now at WTM. Continue reading
Republicans talk health care, Obama economy in weekly address
(CNN) – President Barack Obama advocated for his jobs package while Rep. Bill Cassidy argued against the health reform law as they stood by their parties’ positions Saturday during their weekly addresses Continue reading
DCC gets teachers friendly with nanotechnology
Encouraging students to study nanotechnology can be intimidating. Continue reading
Peru warns against beaches due to bird deaths
Since February, some 877 dolphins and, more recently, at least 1,200 pelicans have been found dead on Peruvian beaches for unexplained reasons. Local fishermen and restaurant owners said Saturdays warning hasnt had much effect on their businesses. Its the low season for Peruvian beach-goers, in any case. Continue reading
Peru warns against visiting Pacific beaches due to deaths of pelicans, dolphins
LIMA, Peru Peru’s Health Ministry is urging people to stay away from Pacific beaches from Lima northward after recent large-scale deaths of pelicans and dolphins. Neither the Health Ministry nor Peru’s oceanographic institute has determined the cause of the deaths, and there is no indication the deaths of the birds and the mammals are related. And Saturday’s warning did not indicate why it might be dangerous to visit beaches Continue reading