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Business

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Business

Kansas City s Harley-Davidson plant makes newest model to hit the market

Assembly of the Harley-Davidson Sport Glide motorcycle began this summer at the company’s assembly plant east of Kansas City International Airport.

Business first

Kale smoothies, avocado toast among the offerings at this new Troost restaurant

New Overland Park restaurant serves Indian barbecue kebabs (and sides)

Updates: Veterans Day free meals, deals discounts in the Kansas City area

It s like darts, but with axes: Ax throwing club hits West Bottoms

Thrillist picks Plaza area steakhouse as one of the 31 best in the nation

Business first

TV News & Reviews

KCTV and KSMO replace general manager with former business manager

Meredith Corp., which owns the two stations, did not say why its own vice president of finance has succeeded Kansas City general manager Mike Cukyne.

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Health Care

Kansas City area medical practice falls into bankruptcy

Kansas City Internal Medicine filed for bankruptcy on Wednesday. Some of its doctors are joining the HCA Midwest Physicians network.

Business first

Government & Politics

How about another election? KC council plans to ask for key vote in April

The City Council set in motion plans for an April election to extend the one-cent sales tax for capital improvements. The city collects about $70 million a year from the tax, first approved by voters in 2007 and which is up for renewal next year.

Business first

Cityscape

Updates: Veterans Day free meals, deals discounts in the Kansas City area

Discounts for veterans and active duty military run through Nov. 13. They include free or discounted meals, free haircuts and discounts on merchandise.

Business first

Government & Politics

Poll showed new KCI had big lead but supporters kept it under wraps

As Election Day loomed, “cautiously optimistic” was the mantra chanted by advocates for a transformed Kansas City International Airport. They expected a win, but said it would be close.

Business first

Government & Politics

With KCI votes counted, when will we see the wrecking ball?

Kansas City voters strongly approved a new terminal at KCI, but don’t expect to see construction at the airport just yet.

Business first

National & International

A look at Trump’s business associates across Asia

A look at some of President Donald Trump’s business partners and contacts in Asia.

Business first

National & International

The Latest: In tweets, Trump criticizes ‘haters and fools’

President Donald Trump is bashing the “haters and fools” he says are questioning his efforts to improve relations with Russia.

Business first

Entertainment

George Takei, Richard Dreyfuss respond in harassment scandal

George Takei, Richard Dreyfuss latest celebrities swept up in Hollywood sexual harassment, assault scandal.

Business first

Entertainment

The Latest: Warner Bros. suspends Supergirl showrunner

“Supergrirl’ and “Arrow” executive producer Andrew Kreisberg has been suspended amid sexual harassment, misconduct accusations by 19 former and current employees.

National & International

Baltimore losing thousands in parking fines

Baltimore is losing out on collecting hundreds of thousands of dollars in parking fines because city officials have not implemented a new law for more than two months.

Business first

Cityscape

Kale smoothies, avocado toast among the offerings at this new Troost restaurant

Ruby Jean’s Juicery plans a Nov. 11 opening at 3000 Troost. A new convenience store gas station plans to open later this year at 5901 Troost.

Business first

National & International

Trump calls Putin sincere, ex-US intelligence heads ‘hacks’

President Donald Trump is back on the defensive over Russian election meddling, saying he considers President Vladimir Putin’s denials sincere, dismissing former U.S. intelligence officials as “hacks” and accusing Democrats of trying to sabotage relations.

National & International

Hawaii judge dismisses lawsuit against seed company, board

A judge in Hawaii dismissed a lawsuit that sought an environmental review of the actions by a seed company operating on the island of Kauai.

National & International

Lawmakers seek review of Eversource’s response to wind storm

Two Connecticut senators want General Assembly to hold public forum on Eversource Energy’s response to October wind storm.

National & International

Report: Inspection found 13 defects on CSX track last year

A federal inspection in June of last year reportedly found 13 defects on CSX track in Bergen County, a route that has become a corridor for shipping crude oil and ethanol to refineries.

National & International

US Senate passes Veteran’s Administration bill by Oklahomans

A bill by Republican Sens. James Lankford and Jim Inhofe intended to address the care of military veterans in Veteran’s Administration hospitals has passed the U.S. Senate.

Technology

The Latest: Outside firm to look into harassment allegations

Minnesota’s House speaker says an outside firm will investigate allegations of sexual harassment by a lawmaker.

National & International

Southern California plant flourishing under bomber program

Southern California aerospace flourishing thanks to bomber boom.



The Straits Times

Ezion details refinancing proposals for bond holders

Liftboats are used to maintain and repair production platforms in shallow-water oil fields. Currently, seven of Ezion’s 14 liftboats are deployed. PHOTO: EZION HOLDINGS

Liftboat operator offers options, from six to 10 years, before investors can get back $575m

Ezion Holdings wants holders of its bonds and perpetuals to stick it out for another six to 10 years before they get their $575 million paid back in full.

The cash-poor liftboat operator said it is in talks with lenders to bring down its debt, and has been promised a fresh line of up to US$100 million (S$136 million) from six banks to help fund the modification and deployment of vessels over the next 12 months. But the lenders – DBS Bank, United Overseas Bank, OCBC Bank, Maybank, CIMB, RHB and Caterpillar Finance – need to see bond holders bite the bullet too before talks can proceed.

Also waiting in the wings is a strategic investor – an industry-based conglomerate – that is keen to work with Ezion, but wants to see the refinancing completed first.

Ezion has a fleet of 14 liftboats, 20 rigs and 45 small vessels. At present, seven liftboats and nine rigs are deployed, but the contractors for six rigs are not paying.

According to an illustration of cash flows presented by financial adviser RSM, Ezion could make a net cash flow of US$933 million over the next six years, based on current charter rates.

Ezion chief executive Chew Thiam Keng told The Straits Times: “Our liftboats are all new. The oldest is about seven years old, and the average age is two years. God willing, we should have all deployed by the middle of next year.”

Some people depend on interest income and have counted on that. To go to 0.25 per cent could be hardship and there may not be liquidity to sell their bonds. With Option B, they could partially liquefy their holdings and get their principal back in six years rather than seven.

MR ALEXANDER ZEEH, chief executive of SEA Asset Management, who believes the option to swap debt for equity could make more sense for investors.

RSM assumed an 80 to 85 per cent liftboat utilisation rate in its illustration. Liftboats are used to maintain and repair production platforms in shallow-water oil fields. Work is expected to pick up from next year since oil majors have cut capital expenditure, Mr Chew said.

As for the small vessels division, Ezion has warned of a substantial impairment. Rigs, tugs and barges will have to be scrapped or stacked.

“We were hoping the rates would recover this year but they did not. It’s problematic,” said Mr Chew.

Series 003 to Series 007 bond holders have two options. Option A is to defer their principal for seven years, and collect a small 0.25 per cent coupon per annum and 5 per cent redemption premium at the end of seven years. Option B shortens the wait to six years, and instead of a redemption premium, bond holders can swap their holdings for equity. If a bond holder opts to convert his entire principal into shares, he would take a 36 per cent haircut based on an initial conversion price of 30.8 cents. Ezion shares last traded at 19.7 cents.

For Series 008 perpetuities holders, Option C is similar to Option A except they have to wait 10 years instead of seven. Or they can choose Option D, where they continue to hold a perp but can also swap their holdings for equity.

Shareholders face dilution of up to 47.5 per cent from this proposal. Ezion’s DBS-backed bonds are not part of the restructuring.

Mr Alexander Zeeh, chief executive of SEA Asset Management, which holds some of the 2018 bonds in the S.E.A. Asian High Yield Bond Fund, said: “The terms for the perp holders seem to be too generous compared with the senior debt holders’. Perp holders get the option to be repaid in 10 years, that’s shorter than a perpetuity.”

He believes the option to swap debt for equity could make more sense for investors: “Some people depend on interest income and have counted on that. To go to 0.25 per cent could be hardship and there may not be liquidity to sell their bonds. With Option B, they could partially liquefy their holdings and get their principal back in six years rather than seven.”

He added: “I think there’s a good chance they (Ezion) survive. We do expect repayment.”

Ezion will use the next week to fine-tune the refinancing terms. It plans to launch a consent solicitation exercise by the middle of this month, where it needs a 75 per cent majority from bond holders. Shareholder approval will be sought at a later date. Mr Chew estimates that 70 per cent of bonds were sold to private banking clients.



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Business

Businesses can do much to prepare for the impact of the many hazards they face in today’s world including natural hazards like floods, hurricanes, tornadoes, earthquakes and widespread serious illness such as the H1N1 flu virus pandemic. Human-caused hazards include accidents, acts of violence by people and acts of terrorism. Examples of technology-related hazards are the failure or malfunction of systems, equipment or software.

Ready Business will assist businesses in developing a preparedness program by providing tools to create a plan that addresses the impact of many hazards. This website and its tools utilize an “all hazards approach” and follows the program elements within National Fire Protection Association 1600, Standard on Disaster/Emergency Management and Business Continuity Programs. NFPA 1600 is an American National Standard and has been adopted by the U.S. Department of Homeland Security.

The five steps in developing a preparedness program are Program Management, Planning, Implementation, Testing and Exercises, and Program Improvement. Find out more about the five steps below.

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Digital Media Law Project

Naming a business

A trademark is a sign, mark, or indicator used by an individual, business, or organization to identify a product or service as its own and to distinguish the product or service from those of its competitors. A business name generally can be protected as a trademark under federal and state trademark law.

Trademark law is designed to avoid consumer confusion over the trademarks that businesses or other organizations use in connection with their goods and services. Stated briefly, trademark law makes it unlawful for a business to use a trademark (e.g., a slogan, a logo, a name) in connection with a good or service if that use is confusingly similar to another business’s use of a trademark. To see how this works, imagine a consumer – Sally. If Sally buys a Dell computer, she can be pretty sure that the computer was made by Dell Computer and nobody else. She can take Dell’s reputation into account without worrying that a knockoff company is making shoddy computers with the Dell logo on them because trademark law prohibits that kind of confusing commercial activity and it gives Dell the right to sue for money damages and an injunction if someone does it.

As a general rule, if someone in a similar field to yours is already using a particular business or organization name, you should not use it, nor should you use a name that would be confusingly similar. Traditionally, there was nothing to prevent someone from using a trademarked name in a completely unrelated field or industry (for instance, Delta Faucet and Delta Airlines) because there was no possibility that consumers would confuse one for the other. However, the emergence of something called anti-dilution law means that the owner of a famous trademark (it means pretty much what is sounds like) can prevent you from using it even in an unrelated industry. Therefore, it probably would not be a good idea to call a blog Kodak News or McDonald’sBlog, unless your website is actually about Kodak or McDonald’s (in which case you should read Using the Trademarks of Others section closely). Traditionally, the law also permitted multiple companies to use a given name in different geographical areas of the country, but the global nature of the Internet breaks down the importance of geographical isolation and makes it more likely that an Internet use of a name or trademark could be confusing regardless of where the brick-and-mortar businesses or organizations are physically located. Thus, you probably want to steer clear of a name that is the same or similar to a name used by someone else in your field, even if that person or organization is located far away from you.

The process of naming your business and securing trademark rights can be summarized in three basic points:

  1. Choose a name for your business. It should be distinctive, not generic, and should not be close to the name of anyone in a similar business. For details, please see the Naming Your Business: Choosing A Name Capable of Trademark Protection section.

  • Search for others using your chosen name or similar ones. You should search the Internet and federal and state trademark databases, at the very least. You should not use the name if someone in your field or a similar one is using it. You may be able to use the name if someone in an unrelated field is using it, but you should try not to use similar logos, styles, or colors. For details, please see the Naming Your Business: Searching for Trademarks of Others section.

  • Consider registering your chosen business name as a trademark. Registering a state and/or federal trademark has advantages. It is relatively cheap and easy to register a state trademark. Federal registration is more costly, but it is worth considering because of its nationwide effect. For details, please see the Securing Trademark Rights: Ownership and Federal Registration section.


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  • Blogger Shane Dowling jailed for contempt for naming Tim Worner’s alleged lovers

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    Naming a business Blogger Shane Dowling is serving a four-month prison sentence for contempt of court. Photo: YOUTUBE

    A rogue blogger who named two women accused of having affairs with Network Seven boss Tim Worner has been jailed for four months for contempt of court, after a judge found his conduct “borders on obsession”.

    In a judgment delivered on Thursday, Supreme Court Justice Ian Harrison said Shane Dowling “flagrantly” and “enthusiastically” breached non-publication orders in naming the women on his website.

    He was led from the court in handcuffs by three corrective services officers.

    The women, given the pseudonyms Jane Doe 1 and 2, were named in court documents during the height of the legal battle between Mr Worner and his former lover Amber Harrison.

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    Naming a business “It hasn’t been a stellar year,” says Seven West Media chief executive Tim Worner. Photo: Ben Rushton

    The women strenuously denied the allegations and their names were suppressed by the court ahead of their defamation proceedings.

    Supreme Court Justice Ian Harrison found Dowling guilty on March 15 of contempt of court after he flouted court orders to remove the names of the women from his website and refrain from re-publishing the allegations.

    The court heard Dowling had published fresh stories naming the women as recently as July 15.

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    During the sentencing on Thursday, Justice Harrison told Dowling: “If you are currently publishing matters on your phone . I’d ask you to stop.”

    “OK then,” Dowling replied.

    Justice Harrison said Dowling had “deliberately set out to disobey” the court’s orders.

    He said Dowling appeared to see himself as a “fierce proponent of free speech” and was “ferociously committed to the righteousness” of his views.

    Justice Harrison said Dowling’s “enthusiasm for the cause as he perceives it borders on obsession” but he was “nonetheless to my observation a man of some intelligence who doubtless appreciates the proper legal foundation for his contempt”.

    “It is regrettable that his written protestations elide self-righteous indignation with innocence,” he said of Dowling’s submissions to the court.

    Justice Harrison said it was an “available inference” that Dowling sought “to benefit from the publication of the . [women’s] names by attracting public interest to his website and by soliciting financial support”.

    “It is a further available conclusion that he seeks to draw attention to his defiance of the court orders, as a way to gain sympathy and notoriety or simply public attention, which he apparently perceives as being a benefit to him, perhaps because he considers it will increase his public profile,” he said.

    In submissions to the court, Dowling said he believed he would be classified “correctly” as a “political prisoner” by social media users if he was jailed.

    Dowling wrote that he had done “nothing more than any journalist does everyday [sic] around the country”, as the women’s names “were in legal documents”.

    But Justice Harrison said he had “done more” than journalists do on a daily basis and had disobeyed court orders to remove the offending articles.

    A spokesman for Seven said the women “had been falsely accused by Amber Harrison of having relationships with Tim Worner”.

    “The blogger himself had no defence or evidence to support his defamatory articles and didn’t check for accuracy and had no relevant defence as to why he breached the court’s orders,” the spokesman said.

    Naming a business



    Personality Test – Jung, Briggs Myers Types

    Types of business

    Take free, tried-and-true personality test to identify your Jung, Briggs Myers personality type and obtain its description. Discover career choices and schools suitable for your type. Read more.

    Carl Jung characterized people using three criteria:

    • Extraversion – Introversion
    • Sensing – Intuition
    • Thinking – Feeling

    Isabel Briggs Myers added a fourth criterion:

    The first letters of the different combinations of the four criteria denote personality type formula. For example:

    ISTJ – I ntrovert S ensing T hinking J udging

    Upon completing the Jung Typology Test you will obtain your type formula, the strength of each of the preferences and the description of your type. It may help you to identify your lifestyle both in general, and with respect to specific areas of activity. You will also obtain a list of the most suitable career choices based on your personality, along with some educational institutions where you can receive a relevant degree or training. « less

    Jung Marriage Test

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    Are you compatible with your soul mate? Looking for a perfect dating partner? Will you have a good and stable relationship? The answer is in the Jung Marriage Test . Read more .

    A good and stable relationship between partners is conducive to a happy marriage, and we often don’t know what the underlying cause of our conflicts is. The ability to assess the likelihood of a healthy long term relationship is one of the main challenges in dating and matchmaking. Jung Marriage Test™ addresses this challenge. The test identifies potentially successful and potentially problematic matches by comparing and analysing personality types of the partners. Personality type is defined by the three criteria introduced by Carl Jung:

    • Extraversion – Introversion
    • Sensing – Intuition
    • Thinking – Feeling

    And the fourth criterion added by Isabel Briggs Myers *:

    The different combinations of these four criteria define sixteen possible personality types. The type formula is denoted by the first letters of the combination, e.g.

    ENFP – Extravert iNtuitive Feeling Perceiving

    Once you know the type formula and strengths of the preferences of both partners (or prospective partners), it is possible to calculate the index of compatibility (MatchIndex) between the partners. The MatchIndex represents potential for a successful and mutually satisfying long term relationship.

    A high MatchIndex ensures a good and stable long-term relationship. If the partners’ MatchIndex is low, then in the vast majority of cases the relationship will be subject to conflict.

    Upon completing the test, you will get a MatchIndex for your couple as well as tips on how to maintain a healthy and stable relationship and avoid “bumps”.« less

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    Starting up or running a small business? Determine the kinds of businesses and franchises that are most favorable for you with the Small Business Entrepreneur Profiler Read more.

    One of the most important factors that determine the success of a small business is the right choice of line of business from personality fit standpoint, i.e. the extent to which it corresponds with your personality’s “business type”. We distinguish several basic personality business types, such as business leader, freelancer, analyst etc.

    The knowledge of your personality’s business type is crucial. If the nature of the business does not match up with your personality’s business type, you run the risk of losing your business, together with all the money and effort invested, never mind all the frustration and loss of self-confidence incurred. At the end of the test, you will obtain:

    • your personality’s business type and its description including strong and weak points
    • what kind of business partner, in terms of his or her personality’s business type, you can benefit from partnering with
    • a list of the most favourable occupations you are most likely to succeed as a small business, alone or in a partnership
    • some examples of franchises that match up your personality’s business profile

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    Organizations and Business Users

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    Apply advanced Jung’s, Briggs Myers’ typology for pre-employment assessment, team building, personal and professional development of employees and more. Visit HRPersonality.com

    Risk Attitudes Profiler

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    Why does trouble stick to you? Can you control your fortune? How can you leverage the knowledge of your “risk type”? You’ll find the answers in the Risk Attitudes Profile . Read more .

    Some people want stability, order and safety in their life. Others have an unconscious drive for a dynamic life, keen excitement, and risk-taking. The reason for many life troubles and lost fortunes is the huge gap between a person’s inherent attitudes toward risk and his or her actual lifestyle, occupation, objectives and how he/she realizes those objectives.

    Knowing your own “risk profile” and risk attitude index is crucial because inconsistencies between your natural risk attitudes and your life lead to stress and emotional discomfort, negatively affect your career and business, your private life, and your confidence in your abilities.

    At the end of the test, you will obtain your risk attitude index, the description of your risk type, its strong and weak points, ways of personal growth and strategies for success. « less

    Career Development Assessment

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    Leverage your personality traits for your success in the workplace, in business, or in a team setting. Complete career development assessment now to obtain your personal Career Development profile

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    Types of business

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    Types of business

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    Types of business

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    Click Here to get all Humanmetrics tests (except Career Development Assessment ) at the discounted price.