| Milroy conversion gets OK from city council
At least one city councillor said it was the hardest decision they've made as a group. Faced by several rows of worried senior citizens in the public gallery, a majority of city councillors nevertheless agreed Monday night to approve a local developer's application to convert the Milroy Apartments, a downtown highrise, into condominiums. "It's caused me some sleepless nights," Coun. Gord Wyant said before voting to approve the application. Four councillors - Charlie Clark, Bob Pringle, Pat Lorje and Darren Hill - voted to turn it down. .
What is the Iraq war's carbon footprint?
We are updated on a daily basis about the ever mounting human cost of the Iraq war, but even the US military is now starting to ask questions about how much oil the "war over oil" is consuming. Last year, Major General Richard Zilmer sent the Pentagon a "priority one" request from Iraq for "a self-sustainable energy solution" that would include "solar panels and wind turbines". The US military's carbon footprint was not his concern - rather, that "by reducing the need for [petrol] at our outlying bases, we can decrease the frequency of logistics convoys on the road, thereby reducing the danger to our marines, soldiers, and sailors". Amory Lovins, the world-renowned energy consultant, agrees that the US military has a "fat fuel-logistics tail" and believes that this is a "very teachable moment for the military" on reducing its immense fossil fuel consumption.
Antigenics Reports Fourth Quarter and Year-End 2007 Financial Results
For the three months ended December 31, 2007, the company incurred a net loss attributable to common stockholders of $7.7 million, or $0.16 per share, basic and diluted, compared with a net loss attributable to common stockholders of $11.7 million, or $0.26 per share, basic and diluted, for the same period in 2006. For the year ended December 31, 2007, Antigenics incurred a net loss attributable to common stockholders of $37.6 million, or $0.81 per share, basic and diluted, compared with a net loss attributable to common stockholders of $52.7 million, or $1.15 per share, basic and diluted, for the same period in 2006. The company's net cash burn (cash used in operating activities plus capital expenditures, debt repayments and dividend payments) for the year ended December 31, 2007 was $27.5 million, which represented a reduction of approximately 45% from the net cash burn of $50.1 million for the year ended December 31, 2006.
Iowa Business Briefs
The first in a series of Renew Rural Iowa Business Development seminars will be held 8 a.m.-6 p.m. Thursday, at the Iowa Farm Bureau Auditorium in West Des Moines.
Renew Rural Iowa is designed to help existing and start-up businesses in communities with fewer than 30,000 people develop their businesses by education and mentoring.
Topics to be discussed include legal structures, accounting, banking and equity capitalization, marketing and financial and technical resources. .
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