New executive suites space opens on Congress – Dayton Business Journal:

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Austin Centre Executive Suites spans the entirre remodeled fifth floor of the Austin Centre officw building and includes80 fully-furnished suites. The suitees also have four conference rooms, threde kitchens, a mailroom, shared office equipment, virtual office capabilities and secretarial servicee andcentralized phone-answering capabilities. “Th e beauty and simplicity of Austin Centrw Executive Suites is that you can sign a lease today and move in Tom Stacy, president of T. Stacy Associates, said. “For a smallp business looking for downtown office space in these executive suites are in a great locatioh at agreat price.
” Leases start at $595 per mont for fully furnished which average 150 squared feet. T. Stacy & Associates runs the executivre suites and handlesthe leasing. Representatives said the suites have some tenantx alreadyin place, but declined to specifh how many. The space had previously been occupied by anotheer executivesuites company.

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SoftBrands sold for $80M; Golden Gate Capital is buyer – Portland Business Journal:

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The buyer, a holding company created by private-equity firm and its portfolio company , will pay 92 centes per share for SoftBrands. Share s of SoftBrands closed at 47 cente per shareon Thursday. On the same date in SoftBrands’ stock closed at 1.09 per San Francisco, Calif.-based Golden Gate Capital has about $9 billion in assets under management. based in Alpharetta, Ga., is a software companh with about 9,000 employeea and $2.2 billion in Minneapolis-based SoftBrands (AMEX: SBN) sell s software to the hospitality industry, as well as to smallo and mid-sized manufacturers under the brand.
Its products handlde tasks such as making reservations to setting room SoftBrands CEO Randy Tofteland said in a presz statement that the deal will allow shareholderzsto “realize significant valur from their investment.” He also said the compan would benefit from an with Infor. A spokeswoman for Infot said SoftBrands will continue to have a presence in though it has yet to be determined how many employeew willremain here. board has already approved the which is expected to close in betwee 60 and90 days.

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Subtropical storm Beryl may reach land by Memorial Day – Los Angeles Times

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msnbc.com

Subtropical storm Beryl may reach land by Memorial Day

Los Angeles Times

By Dalina Castellanos A tropical storm warning was in effect along the coasts of Georgia, Florida and South Carolina on Saturday, the National Weather Service announced, as the second named storm of 2012 approached. The service said the storm had only …

Beachgoers in Southeast brace for rain, wind from Beryl

CNN

Tropical storms warnings in 3 states

msnbc.com

Subtropical Storm Beryl should reach Georgia coast on Sunday

NOLA.com

Christian Science Monitor -Alaska Dispatch -In-Forum

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SpaceX makes breakthrough for commercial space travel – Washington Post

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CBS News

SpaceX makes breakthrough for commercial space travel

Washington Post

May 25 (Bloomberg) — Space Exploration Technologies Corp. docked a supply ship at the International Space Station in a breakthrough for commercial space travel. Closely held SpaceX, controlled by billionaire Elon Musk, connected its unmanned Dragon …

Dragon makes history with space station docking

The Associated Press

NASA: SpaceX docking ranks near top of space-age 'firsts'

Christian Science Monitor

Space milestone sparks high praise

msnbc.com

Los Angeles Times

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Fuel-cell developer plugs into $12M from clients and feds – The Business Review (Albany):

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Those companies— , , and GENCO—werre awarded $9.7 million in federal stimulus money last week to greenh up theirwarehousing fleets. About $6 million of that amount will find its way to theLatha fuel-cell developer to instalk and test 304 of its hydrogen-powererd GenDrive units in those forklifts and pallet Plug (Nasdaq: PLUG) was the bigges winner in the U.S. Department of Energy’s $41.90 million fuel-cell package, awarded April 15 to instalk 1,000 fuel-cell systems for emergency back-up powed and warehousing fleets.
In addition to the $6 milliojn for GenDrive, Plug will receive $6 millioj to market its GenSys and GenCore fuel In all, the Latham fuel-cell developer captured $12 million to advancwe its line of hydrogen-powered products. Marsh doesn’t downplay the money, but he expects to benefigt even more fromthe exposure. “It’s so relevant becauss of the names and fleet sizes of the customers he said. For example, Texas-based Sysco (NYSE:SYY), will replace 90 of its battery-poweree pallet trucks with GenDrivd units.
Sysco has 169 distribution centers aroundthe Arkansas-based FedEx (NYSE:FDX) will install 35 of the units at a service centef in Springfield, Mo; FedEx has 470 service centers aroune the world. Sysco has said it would convert fleetsz at some or all of its locationes if the units were efficient and had the potentialo tosave money. Walter Nasdeo, an analys who follows Plug Power, says the stimulus contractsw are a step in the right directiojn forthe 12-year-old company. But, he said, they won’ty do much good unless the companyu is able to sellthe so-called “motive” market on the benefits of fuel cells over lead-acid batteries.
“They have to start getting to the law of largesnumbers here,” said Nasdeo, research directot at in New York City. Nasdeo has been coverin Plug Power for about10 years. When Marsh came to Plug in Apriol 2008, he was no stranger to buildinvga business. His former company, Valere Power of Texas, generated $500 million in six years and was sold to in Norwayhfor $89 million in 2007. At Plug, Marsh pledged to step up marketingy efforts for its GenDrive andGenSya lines. GenSys products are residential andcommercial off-the-grid power systems.
Marsh also all but ceasedd developmentof GenCore, a backup generator for telecommunicationzs systems, because it was still several years from GenCore was Plug’s first product. “I saw the marketg investment taking four or fivemore years,” Marsb said. He expects GenSyss to hit the market in another three yearssor so. Plug Power has run in the red since it was foundedin 1997. It has cost abou t $500 million to run Plug since it openedits

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Secret Service chief denies ‘culture’ of impropriety – Christian Science Monitor

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Christian Science Monitor

Secret Service chief denies 'culture' of impropriety

Christian Science Monitor

Secret Service Director Mark Sullivan said the scandal involving agents and prostitutes in Colombia was not part of a 'systemic issue.' But Sen. Susan Collins said it 'was almost certainly not an isolated incident.' By Brad Knickerbocker, Staff writer …

Secret Service – or 'Secret Circus'?

NECN

US Secret Service chief apologizes for sex scandal

AFP

Inquiry hears of wider Secret Service misbehavior

The Associated Press

Vanity Fair -Washington Post -Telegraph.co.uk

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Facebook IPO Raises Regulatory Concerns – New York Times

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New York Times

Facebook IPO Raises Regulatory Concerns

New York Times

By EVELYN M. RUSLI and MICHAEL J. DE LA MERCED Just days before Facebook went public, some big investors got nervous about the social network. After publicly warning about ch »

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After NATO summit, questions about protest mindset – The Associated Press

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The Associated Press

After NATO summit, questions about protest mindset

The Associated Press

By TAMMY WEBBER, AP – 1 hour ago CHICAGO (AP) — For activists, the NATO summit in Chicago served as one big stage from which to air a broad range of grievances — not just the war in Afghanistan or other actions of the 63-year-old military  »

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NATO to hand combat role to Afghans as it seeks way out of war – Reuters

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Telegraph.co.uk

NATO to hand combat role to Afghans as it seeks way out of war

Reuters

By Matt Spetalnick and Phil Stewart | CHICAGO (Reuters) – NATO will hand over the lead role in combat operations to Afghan forces across the country by mid-2013,  »

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At Summit, a Struggle for Consensus on Economic Woes – Wall Street Journal

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USA TODAY

At Summit, a Struggle for Consensus on Economic Woes

W »

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