Monday, March 5, 2012

Tyco Electronics shareholders approve name change

NEW YORK (AP) — Tyco Electronics Ltd. said Thursday it will officially change its name to TE Connectivity Ltd. by March 25.

The company said shareholders approved the change on Wednesday. The Swiss company, which makes electronic components, network products and undersea telecommunications systems, first proposed the name change …

State Rep. Howard pushes criminal expungement bill

State Rep. Howard pushes criminal expungement bill

State Rep. Constance "Connie" Howard (D-32nd) is urging African Americans to lobby her white peers to support legislation that if passed will help expunge criminal records for certain crimes so ex-offenders can find employment.

That, she said during WVON's "Mo in the Midday" show, is needed so people of color can obtain employment once they've served their time.

Howard, who introduced HB-2033, had to amend it under HB-3654. She admitted it was "watered down" by her opponents to eliminating just misdemeanors.

"The initial bill called for greater time periods, those with misdemeanors could expunge their records …

Attracting more eyeballs: digital ad insertion poised for revenue greatness. (Networking: advance networking technology).

Recent advances in digital advertising insertion technology and the corresponding adoption of the gear by cable operators is leading the industry into the unexplored territory of digital-to-digital, addressable and interactive advertising models--which some believe could spark a revolution of sorts in the massive video advertising market.

Until 1993, analog-to-analog commercial ad insertions were the norm. That all changed when a handful of cable systems and equipment vendors began tinkering with digital ad insertion gear. What followed was a momentous shift by the cable industry toward digital networks, and the birthing of the digital ad insertion process.

And why not? With the local spot ad market climbing above $5 billion, the national cable ad market above $10 billion, and with cable getting just 15 percent of the $60 billion TV ad market (according to Universal McCann Futures), inserting commercials over expanding digital networks was bound to attract attention.

Embedded triggering systems (a specification known as DVS 253) are now being deployed that allow systems to automatically respond to ad insertion opportunities and maximize high value inventory. Tighter targeted ads, higher reliability, greater use of bandwidth and better cost efficiencies are additional upsides to digital ad insertion technology and the DVS 253 specs. In addition, experts maintain, advanced digital-to-digital technology will allow streaming and grooming into MPEG bit streams (DPI), now considered the next generation of ad insertion technology.

"In the early 1990s, cable ad sales were all analog-to-analog and used tape machines to insert local ad spots. That was the beginning of a business for cable because it was with local advertisers. That's when the business became real," said John Boland, VP and GM …

Sunday, March 4, 2012

Risk mapping helps in visualizing exposures. (technique in risk management)

SAN DIEGO - Risk mapping can help identify a company's exposures, determine the interrelationships among those risks and aid in determining which risks to mitigate or transfer, two risk managers say.

Risk mapping is a relatively new tool and an effective preliminary step for integrating a corporate risk management strategy, said James D. Noble, director of corporate risk management and insurance for Colgate-Palmolive Co. in New York.

Risk mapping also can heighten management's awareness of an organization's risks, identify inconsistencies in an overall approach to risk, and allow the adjustment of costs and profitability-based risk measurement.

Mr. Noble, with the help of about 30 consultants …

ENVIRONMENTAL BOND ACT BACKED.(Local)

The state's premier organization of business leaders voted Thursday to endorse the proposed $1.45 billion Environmental Quality Bond Act.

The ballot proposal, which goes before voters in November, is designed to clean up hazardous waste sites and provide the money to buy more public park and forest preserve land.

The Business Council's endorsement of the issue is important because the 3,200 council members include chemical …

ERLAU G. CARROLL, 78.(CAPITAL REGION)

COLONIE Erlau ``Blacky'' G. Carroll, 78, of Timberland Drive, Loudonville, died Saturday at Albany Memorial Hospital.

Mr. Carroll was born in Worcester, Otsego County. He was raised in Ilion, Herkimer County, and graduated from Ilion High School in 1936. He had been a resident of the Capital Region since 1952.

He was initially a sales representative for the C.F. Mueller Co. and subsequently a sales representative for SOFCO Inc. of Scotia for 25 years before retiring in 1991.

Mr. Carroll was a member of St. Michael's Episcopal Church of Colonie and its first vestry.

He was an avid bowler and golfer. He coached junior bowling at the …

Hot new export: the pupusa.(El Salvador)(Brief Article)

HOT NEW EXPORT: THE PUPUSA. One thousand times a day, Miriam Rivera flattens a dollop of soft corn flour in her hands, folds in savory cheese or meat and drops it onto a hot grill, giving birth to another pupusa bound for the United States, reports The Washington Post (Jan. 10, 2004). Pupusas are a national dish in El Salvador, a taste as well known as tacos in Mexico or hamburgers in the U.S. Salvadoran immigrants introduced the pillowy tortillas to the U.S. years ago, but the white-aproned workers in Rivera's factory are about to give them a huge boost north of the border, sending 300,000 frozen pupusas a month …