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	<title>Business in the Burbs &#187; Jay Loomis</title>
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	<link>http://burbsbiz.lohudblogs.com</link>
	<description>Movers, shakers and newsmakers</description>
	<lastBuildDate>Tue, 25 Aug 2009 19:13:57 +0000</lastBuildDate>
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		<title>Hamburger chain adds MasterCard PayPass</title>
		<link>http://burbsbiz.lohudblogs.com/2009/08/25/hamburger-chain-adds-mastercard-paypass/</link>
		<comments>http://burbsbiz.lohudblogs.com/2009/08/25/hamburger-chain-adds-mastercard-paypass/#comments</comments>
		<pubDate>Tue, 25 Aug 2009 19:13:37 +0000</pubDate>
		<dc:creator>Jay Loomis</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://burbsbiz.lohudblogs.com/?p=4056</guid>
		<description><![CDATA[ MasterCard Inc., the Purchase-based credit card giant, said that Whataburger, a Texas-based fast food chain,  Whataburger, will accept MasterCard PayPass payments at more than 500 locations across the South.

 PayPass, developed by  MasterCard, allows consumers to tap cards or devices on the special readers at checkout to pay for products quickly. There [...]]]></description>
			<content:encoded><![CDATA[ MasterCard Inc., the Purchase-based credit card giant, said that Whataburger, a Texas-based fast food chain,  Whataburger, will accept MasterCard PayPass payments at more than 500 locations across the South.

 PayPass, developed by  MasterCard, allows consumers to tap cards or devices on the special readers at checkout to pay for products quickly. There are nearly 61 million MasterCard PayPass cards and devices in use at over 153,000 merchants worldwide, including BP, Best Buy, 7-Eleven, CVS and McDonald&#8217;s.


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		<title>New CEO named at Aureon Laboratories</title>
		<link>http://burbsbiz.lohudblogs.com/2009/08/25/new-ceo-named-at-aureon-laboratories/</link>
		<comments>http://burbsbiz.lohudblogs.com/2009/08/25/new-ceo-named-at-aureon-laboratories/#comments</comments>
		<pubDate>Tue, 25 Aug 2009 19:04:13 +0000</pubDate>
		<dc:creator>Jay Loomis</dc:creator>
				<category><![CDATA[Management changes]]></category>

		<guid isPermaLink="false">http://burbsbiz.lohudblogs.com/?p=4054</guid>
		<description><![CDATA[	Aureon Laboratories Inc., a Yonkers-based laboratory that specializes in cancer treatment, said that Robert Shovlin has  been promoted from president to president and chief executive officer. Vijay Aggarwal will step down as CEO, but will remain a member of the company&#8217;s board of directors. Shovlin joined the company in June 2005 as vice president [...]]]></description>
			<content:encoded><![CDATA[	<p>Aureon Laboratories Inc., a Yonkers-based laboratory that specializes in cancer treatment, said that Robert Shovlin has  been promoted from president to president and chief executive officer. Vijay Aggarwal will step down as CEO, but will remain a member of the company&#8217;s board of directors. Shovlin joined the company in June 2005 as vice president of sales and marketing. He was promoted to chief operating officer in 2007.</p>




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		<title>FDA panel to review Acorda drug on Oct. 14</title>
		<link>http://burbsbiz.lohudblogs.com/2009/08/25/fda-panel-to-review-acorda-drug-on-oct-14/</link>
		<comments>http://burbsbiz.lohudblogs.com/2009/08/25/fda-panel-to-review-acorda-drug-on-oct-14/#comments</comments>
		<pubDate>Tue, 25 Aug 2009 18:22:40 +0000</pubDate>
		<dc:creator>Jay Loomis</dc:creator>
				<category><![CDATA[Biopharmaceutical]]></category>

		<guid isPermaLink="false">http://burbsbiz.lohudblogs.com/?p=4050</guid>
		<description><![CDATA[	October 14th will be an important day for Acorda Therapeutics Inc., a Hawthorne-based biotech company.

	That&#8217;s when a U.S. Food and Drug Administration panel is scheduled to conduct a critical review of Fampridine-SR, Acorda&#8217;s new multiple sclerosis drug that is designed to make walking easier for the disease&#8217;s victims. Acorda has been working on the development [...]]]></description>
			<content:encoded><![CDATA[	<p>October 14th will be an important day for Acorda Therapeutics Inc., a Hawthorne-based biotech company.</p>

	<p>That&#8217;s when a U.S. Food and Drug Administration panel is scheduled to conduct a critical review of Fampridine-SR, Acorda&#8217;s new multiple sclerosis drug that is designed to make walking easier for the disease&#8217;s victims. Acorda has been working on the development of the drug since the mid-1990s.</p>

 Investor optimism about the drug&#8217;s potential has helped fuel a rise of more than 800 percent in Acorda&#8217;s stock price since September 2006.

	<p>Analysts said that a final FDA decision on Fampridine-SR may slip past an earlier deadline of Oct. 22.</p>

	<p>&#8220;It would seem nearly impossible for the FDA to approve Fampridine so quickly after the panel&#8221; conducted its review on Oct. 14, Phil Nadeau, a Cowen &#38; Co. analyst, said in a note to clients, according to Bloomberg News. &#8220;Nonetheless, assuming a positive panel, the delay is likely to be modest (three months or so).&#8221;</p>

	<p>Acorda recently reached agreement with another biotech company, Biogen Idec of Cambridge, Mass., to handle the marketing and regulatory approvals for the Fampridine-SR medication in foreign markets. Acorda already sells Zanaflex, a treatment for involuntary muscle movements caused by multiple sclerosis and spinal injuries.</p>




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		<title>PepsiAmericas to open Romanian bottling plant</title>
		<link>http://burbsbiz.lohudblogs.com/2009/08/24/pepsiamericas-to-open-romanian-bottling-plant/</link>
		<comments>http://burbsbiz.lohudblogs.com/2009/08/24/pepsiamericas-to-open-romanian-bottling-plant/#comments</comments>
		<pubDate>Mon, 24 Aug 2009 21:56:47 +0000</pubDate>
		<dc:creator>Jay Loomis</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://burbsbiz.lohudblogs.com/?p=4048</guid>
		<description><![CDATA[	PepsiAmericas, the second largest bottler of Pepsi beverage products, said that it will invest $150 million to build a bottling plant in Romania.

 The factory, expected to open on Sept 1, is the latest investment that the Minneapolis-based company has made in the fast growing region of Eastern Europe. In 2007, PepsiAmericas took control of [...]]]></description>
			<content:encoded><![CDATA[	<p>PepsiAmericas, the second largest bottler of Pepsi beverage products, said that it will invest $150 million to build a bottling plant in Romania.</p>

 The factory, expected to open on Sept 1, is the latest investment that the Minneapolis-based company has made in the fast growing region of Eastern Europe. In 2007, PepsiAmericas took control of  Quadrant-Amroq Bottling QAB, a Pepsi distributor in Romania.

	<p>Earlier this month, Purchase-based PepsiCo said it was buying PepsiAmericas and another major bottler, Somers-based Pepsi Bottling Group, as part of a $7.8 billion deal.</p>




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		<title>Broadview Networks names executive vice president</title>
		<link>http://burbsbiz.lohudblogs.com/2009/08/24/broadview-networks-names-executive-vice-president/</link>
		<comments>http://burbsbiz.lohudblogs.com/2009/08/24/broadview-networks-names-executive-vice-president/#comments</comments>
		<pubDate>Mon, 24 Aug 2009 21:34:39 +0000</pubDate>
		<dc:creator>Jay Loomis</dc:creator>
				<category><![CDATA[Management actions]]></category>

		<guid isPermaLink="false">http://burbsbiz.lohudblogs.com/?p=4046</guid>
		<description><![CDATA[	Broadview Networks, a Rye Brook-based business communications provider, said that Christopher Eldredge is joining the company as executive vice president of alternate channels and carrier sales. 

	Eldredge will be responsible for the day-to-day management of the company&#8217;s agent sales channel and wholesale organizations. He previously was vice president of carrier sales and service for Frontier [...]]]></description>
			<content:encoded><![CDATA[	<p>Broadview Networks, a Rye Brook-based business communications provider, said that Christopher Eldredge is joining the company as executive vice president of alternate channels and carrier sales. </p>

	<p>Eldredge will be responsible for the day-to-day management of the company&#8217;s agent sales channel and wholesale organizations. He previously was vice president of carrier sales and service for Frontier Communications, a rural local exchange telephone company.  </p>




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		<title>IBM expanding program in developing countries</title>
		<link>http://burbsbiz.lohudblogs.com/2009/08/24/ibm-expanding-program-in-developing-countries/</link>
		<comments>http://burbsbiz.lohudblogs.com/2009/08/24/ibm-expanding-program-in-developing-countries/#comments</comments>
		<pubDate>Mon, 24 Aug 2009 21:25:39 +0000</pubDate>
		<dc:creator>Jay Loomis</dc:creator>
				<category><![CDATA[Technology]]></category>

		<guid isPermaLink="false">http://burbsbiz.lohudblogs.com/?p=4044</guid>
		<description><![CDATA[	IBM Corp. said that it is expanding a program that sends employee teams to developing countries to assist local organizations on projects that involve business, social or technology issues.

	The Armonk-based computer services giant said that the expanded program, known as the Corporate Service Corps,  will result in 1,500 employees working in the various countries [...]]]></description>
			<content:encoded><![CDATA[	<p>IBM Corp. said that it is expanding a program that sends employee teams to developing countries to assist local organizations on projects that involve business, social or technology issues.</p>

	<p>The Armonk-based computer services giant said that the expanded program, known as the Corporate Service Corps,  will result in 1,500 employees working in the various countries by 2010, up from 600 currently.</p>

	<p>By the end of 2009, IBM will deploy 52 global teams of eight to 10 employees to countries that include the Philippines, Vietnam, China, Malaysia, Brazil, Tanzania, Ghana, South Africa, Nigeria, Egypt, Romania and Turkey.</p>

	<p>&#8220;Participants benefit via a once-in-a-life-time, problem-solving exercise in the developing world, communities gain by obtaining hundreds of thousands of dollars in pro bono expert consulting services, and IBM benefits by growing its next generation of leaders with the skills required to lead in a globally-integrated world,&#8221; said Stanley S. Litow, vice president of corporate citizenship and corporate affairs at IBM.</p>

	<p>Nigeria&#8212;a new countty that IBM is adding to the program this year&#8212;provides examples of the type of projects that are receiving assistance from IBM. In that African country, IBM workers will help the government devise an information system for monitoring child and maternal health and help create an information technology platform that will link 18 government departments.</p>




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		<title>Haights Cross reaches agreement on debt restructuring</title>
		<link>http://burbsbiz.lohudblogs.com/2009/08/21/haights-cross-reaches-agreement-on-debt-restructuring/</link>
		<comments>http://burbsbiz.lohudblogs.com/2009/08/21/haights-cross-reaches-agreement-on-debt-restructuring/#comments</comments>
		<pubDate>Fri, 21 Aug 2009 18:59:15 +0000</pubDate>
		<dc:creator>Jay Loomis</dc:creator>
				<category><![CDATA[Credit]]></category>

		<guid isPermaLink="false">http://burbsbiz.lohudblogs.com/?p=4042</guid>
		<description><![CDATA[	Haights Cross Communications Inc., a White Plains-based library and educational publisher, said that it has reached agreement with major lenders on a restructuting of the company&#8217;s debt and credit agreement that should improve its financial outlook.

 The company added that the restructuring is not expected to lead to changes in its Triumph Learning and Recorded [...]]]></description>
			<content:encoded><![CDATA[	<p>Haights Cross Communications Inc., a White Plains-based library and educational publisher, said that it has reached agreement with major lenders on a restructuting of the company&#8217;s debt and credit agreement that should improve its financial outlook.</p>

 The company added that the restructuring is not expected to lead to changes in its Triumph Learning and Recorded Books businesses.

	<p>&#8220;We will continue to acquire rights and publish new products, market and sell all our products to all customer segments, and plan to continue to pay our vendors, licensors and employees on a timely basis,&#8221; Chief Executive Officer Paul J. Crecca said in a written statement. &#8220;Once the restructuring of the Haights Cross debt is complete, the enterprise will be significantly deleveraged, a very positive outcome for our businesses.&#8221;</p>




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		<title>Barter service expands in Rockland County</title>
		<link>http://burbsbiz.lohudblogs.com/2009/08/21/barter-service-expands-in-rockland-county/</link>
		<comments>http://burbsbiz.lohudblogs.com/2009/08/21/barter-service-expands-in-rockland-county/#comments</comments>
		<pubDate>Fri, 21 Aug 2009 18:38:37 +0000</pubDate>
		<dc:creator>Jay Loomis</dc:creator>
				<category><![CDATA[Expansion]]></category>

		<guid isPermaLink="false">http://burbsbiz.lohudblogs.com/?p=4040</guid>
		<description><![CDATA[	Hudson Barter Exchange, a recent business startup that brings businesses together to make deals without cash, is expanding from its initial service territory of Westchester County into Rockland County.

	The Elmsford-based company said that it has added over 160 members since it opened nine months ago.  Trading volume on the barter site has doubled every [...]]]></description>
			<content:encoded><![CDATA[	<p>Hudson Barter Exchange, a recent business startup that brings businesses together to make deals without cash, is expanding from its initial service territory of Westchester County into Rockland County.</p>

	<p>The Elmsford-based company said that it has added over 160 members since it opened nine months ago.  Trading volume on the barter site has doubled every month during that time, according to the company.</p>

	<p>In Rockland, businesses that have signed up to use the barter service include an advertising company, a pest control buiness, a photography studio, a pet spa and a dental office.</p>

	<p>Barter has become a popular way for many businesses to trade services with each other during the recession that has eroded sales and dried up available cash to make standard purchases.</p>

	<p>Nearly 400,000 businesses nationally now barter for services,  according to the National Association of of Trade Exchanges. Across the country, 350 local barter exchanges allow thousands of small and mid-sized businesses to exchange services with each other. The exchange takes a 6 percent commission from each side in a transaction.</p>

	<p>Kevin Brown, co-principal of Hudson Barter Exchange, said that the barter service can help businesses attract new customers and manage cash flow.</p>

 &#8220;These are just two of the many benefits of bartering that (the exchange) now brings to Rockland County,&#8221; Brown said.




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		<title>Real estate firm founder receives ethics award</title>
		<link>http://burbsbiz.lohudblogs.com/2009/08/21/real-estate-firm-founder-receives-ethics-award/</link>
		<comments>http://burbsbiz.lohudblogs.com/2009/08/21/real-estate-firm-founder-receives-ethics-award/#comments</comments>
		<pubDate>Fri, 21 Aug 2009 17:04:58 +0000</pubDate>
		<dc:creator>Jay Loomis</dc:creator>
				<category><![CDATA[Awards]]></category>

		<guid isPermaLink="false">http://burbsbiz.lohudblogs.com/?p=4038</guid>
		<description><![CDATA[ Rick Rakow, founder of Rakow Commercial Realty Group Inc. in White Plains, recently received  the &#8220;Business Ethics Award&#8221; from The White Plains Rotary Club in recognition of his business career and involvement in the community.

 Rakow, who has worked in the real estate business for 25 years, handles about 100 real estate transactions [...]]]></description>
			<content:encoded><![CDATA[ Rick Rakow, founder of Rakow Commercial Realty Group Inc. in White Plains, recently received  the &#8220;Business Ethics Award&#8221; from The White Plains Rotary Club in recognition of his business career and involvement in the community.

 Rakow, who has worked in the real estate business for 25 years, handles about 100 real estate transactions a year. He also has been active as a local board member at the March of Dimes Birth Defects Foundation, The Business Council of Westchester, the American Heart Association, The Food Bank of Westchester and other organizations.




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		<title>Accounting firm launches financial blog</title>
		<link>http://burbsbiz.lohudblogs.com/2009/08/21/accounting-firm-launches-financial-blog/</link>
		<comments>http://burbsbiz.lohudblogs.com/2009/08/21/accounting-firm-launches-financial-blog/#comments</comments>
		<pubDate>Fri, 21 Aug 2009 16:40:57 +0000</pubDate>
		<dc:creator>Jay Loomis</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://burbsbiz.lohudblogs.com/?p=4036</guid>
		<description><![CDATA[	D&#8217;Arcangelo &#38; Co. LLP, a regional accounting firm, has launched an online blog to keep businesses, organizations and individuals updated with financial news and information.

 The blog can be found at http://www.darcangelo.com/blog. D&#8217;Arcangelo also publishes financial articles in a bimonthly e-newsletter. D&#8217;Arcangelo &#38; Co. LLP has five offices in Purchase, Poughkeepsie, Millbrook, Utica, and Rome.

	&#8220;This [...]]]></description>
			<content:encoded><![CDATA[	<p>D&#8217;Arcangelo &#38; Co. LLP, a regional accounting firm, has launched an online blog to keep businesses, organizations and individuals updated with financial news and information.</p>

 The blog can be found at http://www.darcangelo.com/blog. D&#8217;Arcangelo also publishes financial articles in a bimonthly e-newsletter. D&#8217;Arcangelo &#38; Co. LLP has five offices in Purchase, Poughkeepsie, Millbrook, Utica, and Rome.

	<p>&#8220;This is a way for our clients and friends to stay current with new tax laws, federal guidelines and innovative ways to save money,&#8221; explained Rich Kleban, D&#8217;Arcangelo&#8217;s director of business development. </p>




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