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Is Business Coaching Really An Investment
By Kris Koonar
As the business world has become progressively more competitive, the demand for business coaching has also increased. Hiring a business coach is considered to be a very smart investment because it can provide any business a very high return on investment. Most business leaders are under a tremendous amount of pressure, as they have to work very hard to manage their businesses and employees. Business coaching not only helps these leaders work more efficiently but also help them prioritize their goals. In addition, business coaching can also increase the productivity and profitability of any business. A few years ago just a few small businesses used business coaching as a means to enhance their business. But today, most businesses are using coaching because it is a cost effective way of achieving desired results. An experienced business coach can assist a manager in expanding his business, in increasing his profits and in identifying his long-term goals.
Professional business coaches focus all their attention on the business and the goals of the manager and try to set up a plan that can help the business move forward at a faster pace. Business coaches train managers in time management and also teach them various leadership strategies. Fortune 500 companies have also been signing up for business coaching to double or even triple their company productivity. Investing in its own people is the most important investment any business can make. Coaches train managers in business strategies that can work for them in very definite and
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UMSL to acquire Quincy Public Radio StationThe University of Missouri?St. Louis is acquiring Quincy University?s public radio station WQUB 90.3 FM in Quincy, Ill., St. Louis Public Radio officials said today.
The sale of WQUB is expected to be completed in the next three to four months, at which point, St. Louis Public Radio, 90.7 KWMU, will handle operations and programming of the station. Financial terms of the deal were not disclosed.
As part of the St. Louis Public Radio network, WQUB will be called Quincy Public Radio.<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=XobODV-4DvA:qwf_AxDtrdo:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=XobODV-4DvA:qwf_AxDtrdo:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=XobODV-4DvA:qwf_AxDtrdo:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=XobODV-4DvA:qwf_AxDtrdo:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=XobODV-4DvA:qwf_AxDtrdo:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=XobODV-4DvA:qwf_AxDtrdo:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Peabody Energy leases 402 million tons of coal in Wyoming<img src='http://assets.bizjournals.com/tampabay/CoalTrainPromo*100.jpg?v=1'>Peabody Energy Corp. announced today the lease of 402 million tons of ultra low sulfur coal reserves adjacent to its North Antelope Rochelle Mine (NARM) in the Southern Powder River Basin of Wyoming.
The company bid $1.11 per mineable ton for control of the South Porcupine reserve area. The bid was conducted through a sealed bid auction process.
Peabody plans to incorporate the 5 square-mile block into its mine plan, following a permitting process. The South Porcupine tract adjacent to NARM was...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=yJhBZ3HESf8:uY7kvvt0I14:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=yJhBZ3HESf8:uY7kvvt0I14:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=yJhBZ3HESf8:uY7kvvt0I14:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=yJhBZ3HESf8:uY7kvvt0I14:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=yJhBZ3HESf8:uY7kvvt0I14:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=yJhBZ3HESf8:uY7kvvt0I14:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Antitrust review ends for Viasystems? acquisition of DDi <img src='http://assets.bizjournals.com/stlouis/news/Sindelar,DavidPromo2011*100.jpg?v=1'>Officials from Viasystems Group Inc. and DDi Corp. said today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 relating to the previously announced acquisition of DDi by Viasystems has expired without a request for more information by the U.S. Department of Justice or the Federal Trade Commission.
The transaction still requires approval by DDi?s stockholders, and the companies expect the transaction to close by May 31.
Viasystems Group Inc. agreed to acquire...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=nmnVmh-Biqg:q1wZAI0whdY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=nmnVmh-Biqg:q1wZAI0whdY:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=nmnVmh-Biqg:q1wZAI0whdY:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=nmnVmh-Biqg:q1wZAI0whdY:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=nmnVmh-Biqg:q1wZAI0whdY:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=nmnVmh-Biqg:q1wZAI0whdY:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Gateway Classic Cars to open Chicago location June 1<img src='http://assets.bizjournals.com/stlouis/news/GoldMustangWeb*100.jpg?v=1'>Officials from Fairmont City, Ill.-based Gateway Classic Cars said today that the company is opening a location in the Chicago market.
The company has operated a showroom in Fairmont City since 1999. It opened a location in Louisville, Ky., in August, and it will be opening a 45,000 square-foot facility Tinley Park, Ill., next month and hiring two new employees for that location this year.
The company, which had $5.5 million in revenue last year, is investing $209,000 in start-up costs for the...<div class="feedflare">
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</div>OUTTAKES: May 18<img src='http://assets.bizjournals.com/stlouis/blog/MatejkaCheryl*100.jpg?v=1'>Who knew hanging out with CFOs could be so much fun and so interesting!
That?s Business Journal Brian Cassidy?s takeaway this week. Cassidy got some great shots of our CFO Award winners and finalists and along the way discovered he lives in CFO Award winner Steve Appelbaum?s old house in Kirkwood. It?s a small world, indeed.
Click the photo on the right to see Appelbaum?s picture and more.<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=En39SK2QZwU:ImMSjqbCRv0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=En39SK2QZwU:ImMSjqbCRv0:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=En39SK2QZwU:ImMSjqbCRv0:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=En39SK2QZwU:ImMSjqbCRv0:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=En39SK2QZwU:ImMSjqbCRv0:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=En39SK2QZwU:ImMSjqbCRv0:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Miriam Foundation establishes Cornelsen Diagnostic Center<img src='http://assets.bizjournals.com/stlouis/news/MiriamFoundationJoeZapf_Web*100.jpg?v=1'>A $100,000 grant by the Cornelsen Family Charitable Foundation has established the Cornelsen Diagnostic Center, which will be part of the Miriam Learning Center, Miriam Foundation officials said today.
The diagnostic center will provide free and reduced-cost assessment services for children who do not qualify for testing in the school setting and have limited resources to access private assessment services.
The Cornelsen Family Charitable Foundation is providing $25,000 for the next four years...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=NcPC-CiyOBs:1XkqsGnafzE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=NcPC-CiyOBs:1XkqsGnafzE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=NcPC-CiyOBs:1XkqsGnafzE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=NcPC-CiyOBs:1XkqsGnafzE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=NcPC-CiyOBs:1XkqsGnafzE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=NcPC-CiyOBs:1XkqsGnafzE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Barnes-Jewish to refund $725,185 to Wisconsin Physician Services<img src='http://assets.bizjournals.com/stlouis/print-edition/Liekweg,Richard--Prime__web*100.jpg?v=1'>Barnes-Jewish Hospital overbilled Medicare for 58 claims between 2008 and 2011, resulting in an overpayment of $725,185, according to a report from the Department of Health and Human Services.
The hospital is refunding the amount of the overpayment to the Medicare contractor involved, Wisconsin Physician Services, as recommended by the HHS report.
The HHS? Office of the Inspector General conducted an audit of Medicare payments made to Barnes-Jewish in 2009 and 2010, specifically looking at $5.6...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=e6Lz9zSnJro:UDusbxtayHg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=e6Lz9zSnJro:UDusbxtayHg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=e6Lz9zSnJro:UDusbxtayHg:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=e6Lz9zSnJro:UDusbxtayHg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=e6Lz9zSnJro:UDusbxtayHg:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=e6Lz9zSnJro:UDusbxtayHg:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>MC Industrial opens office in Indiana<img src='http://assets.bizjournals.com/stlouis/news/indianalr*100.jpg?v=1'>St. Louis-based MC Industrial, a national construction firm, has opened a 4,300-square-foot office in Portage, Ind. in the northwest region of the state.
MC Industrial will focus on serving metals, petrochemical, power, steel and other industrial markets and clients in the region.
?Northwest Indiana is a thriving industrial construction hub,? MC Industrial President Tom Felton said in a statement. ?The time is right for us to establish a solid, more permanent presence in the region, both...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ixSCpHw0imQ:lWsGRt-_5UU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ixSCpHw0imQ:lWsGRt-_5UU:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=ixSCpHw0imQ:lWsGRt-_5UU:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ixSCpHw0imQ:lWsGRt-_5UU:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=ixSCpHw0imQ:lWsGRt-_5UU:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ixSCpHw0imQ:lWsGRt-_5UU:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Brown Shoe Q1 profit drops 54 percent<img src='http://assets.bizjournals.com/stlouis/sullivan,dianePromo2012*100.jpg?v=1'>Brown Shoe Co. Inc. today reported net earnings of $1.7 million for the quarter ended April 28, down 54 percent from $3.7 million during the same quarter in 2011.
The drop in profit was primarily due to higher markdowns at both the wholesale and retail level, the company said in a statement.
Brown reported net sales of $626.4 million for the quarter, an increase of 1 percent from $619.6 million during the same quarter last year. Improved weather, both on a quarterly sequential and year-over-year...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=SJ0bt3Mn_fQ:zf_VkH5-hvc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=SJ0bt3Mn_fQ:zf_VkH5-hvc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=SJ0bt3Mn_fQ:zf_VkH5-hvc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=SJ0bt3Mn_fQ:zf_VkH5-hvc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=SJ0bt3Mn_fQ:zf_VkH5-hvc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=SJ0bt3Mn_fQ:zf_VkH5-hvc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Monsanto commits $50 million to African agricultural growthMonsanto Co. said today the company is committing $50 million over the next 10 years to support sustained Africa agricultural development and growth. The company is supporting the New Vision for Agriculture Initiative, the Grow Africa Partnership and the G8's New Alliance for Food Security and Nutrition. Creve Coeur-based seed company Monsanto (NYSE: MON), led by Chairman, President and CEO Hugh Grant, reported a $1.6 billion profit on sales of $11.8 billion in fiscal 2011.<div class="feedflare">
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precise ways. A business coach will set specific goals for the business and then will come up with a plan of action to achieve those goals. There are two basic approaches to coaching, change oriented coaching and growth oriented coaching. Change oriented coaching focuses on changing skills and behaviors while growth oriented coaching focuses on enhancing performance. Coaching helps to develop personnel skills and individual performance. A business coach can offer new insights into daily business activities and can also help improve new methods and procedures. Companies undertaking business coaching have reported a steady increase in the quality of work. With an increase in productivity and quality, customer complaints will also reduce considerably. Coaching also helps to improve team relationships. It also deals with people issues and enhances human interactions. It is a known fact that satisfied employees always perform better. Business coaching is said to be the fastest way of achieving growth and change in any individual or organization. It is the best way to unleash the maximum potential that each employee possesses. The cost of business coaching can vary anywhere from a few hundred dollars per month to about $30,000 a year. The cost will vary depending on the size of the company and the services that were provided by the coach. Professional business coaches can be hired to work with employees, managers or both. They can also be hired to act as a counselor or a personal adviser. A business coach is not a contractor. A coach is not paid to do the work for a manager; he is simply paid to help a manager achieve his or her goals. For this, a manager will have to make every effort to achieve those goals and commit a lot of his time and energy. Article Source: http://www.articleblender.com Have you ever wanted to Become Business Coach? www.businesscoach.com offers Business Coach Training. Visit our website for more information or email info@businesscoach.com. Phone 1.866.354.7766
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Facebook shares fall flat on IPO debut
<img src='http://assets.bizjournals.com/sanjose/news/Nasdaq_FacebookIPO*100.jpg?v=1'>Facebook Inc. barely moved the needle on its first day of trading, ending up essentially flat near its IPO price of $38 a share.
The stock jumped 12 percent in the opening minutes of trading on Friday before slipping back from $43 to close to the $38 price IPO investors paid on Thursday.
The Wall Street Journal cited an unnamed source who said that the underwriters on the deal stepped in to prevent it from dropping below the $38 a share price that was set for initial investors on Thursday.
Facebook's...<div class="feedflare">
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Spangler pleads not guilty in $48M fraud case
<img src='http://assets.bizjournals.com/seattle/blog/spanglerindictmentpic*100.jpg?v=1'>Seattle financial adviser Mark Spangler has pleaded not guilty to federal criminal charges accusing him of defrauding investors of nearly $48 million by secretly diverting their money to startup companies he co-founded.
Spangler, the former head of the National Association of Personal Finance Advisors, founded an investment advisory company called The Spangler Group that he ran from his home in Seattle.
On Thursday, a Seattle grand jury indicted the 57-year-old Spangler on 23 criminal charges,...<div class="feedflare">
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Expect more debate between A320neo and 737 Max as Boeing tries to catch up to Airbus in orders
<img src='http://assets.bizjournals.com/seattle/news/737%20MAX-8*100.jpg?v=1'>Expect to see a brass-knuckle battle for orders in coming months as Boeing and Airbus vie for market share in the all-important narrow body jet market.
Here in Boeing country, people may take comfort in Boeing claims that the 737 Max will be more fuel efficient than the competing Airbus A320neo.
But the bottom line is aircraft sold, and at this moment, Boeing is still playing catch-up.
The tightness of the race is indicated by Boeing's announcement Thursday that it plans to increase the fan size...<div class="feedflare">
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Judge: Mastro creditor Hazelrigg must redo bankruptcy papers
U.S. Bankruptcy Court Judge Timothy Dore ruled against Bellevue businessman Tom Hazelrigg III Friday morning, saying Hazelrigg could not refuse to answer questions about his finances in his involuntary bankruptcy by making a blanket assertion of his Fifth Amendment privilege against self-incrimination.
Hazelrigg had turned in largely blank bankruptcy schedules earlier with a notation that he was asserting his Fifth Amendment right.
?It?s hard to imagine some of these questions are protected...<div class="feedflare">
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ITC sides with Microsoft in Motorola patent infringement case
Motorola will have to modify its Android smartphones or pay Microsoft a licensing fee if it wants to continue selling them in the United States.
After postponing its decision several times, the U.S. International Trade Commission ruled Friday that Motorola?s Android phones violate a Microsoft patent, and ordered an import ban for the offending devices.
?Microsoft sued Motorola in the ITC only after Motorola chose to refuse Microsoft?s efforts to renew a patent license for well over a year,?...<div class="feedflare">
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For tech companies, patents can be cash cows, huge legal expense
<img src='http://assets.bizjournals.com/seattle/news/Patent_law_gavel*100.jpg?v=1'>While most people?s eyes glaze over when you mention patents and intellectual property law, they can have a significant impact on a company?s bottom line ? both in revenues and legal fees.
Microsoft, to name one Puget Sound-area company, is involved in more than 60 patent infringement lawsuits, according to recent Securities and Exchange Commission filings.
While the company wouldn?t tell me how much it spends on legal fees, a survey published by the American Intellectual Property Law Association...<div class="feedflare">
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5 warning signs that time to invest in Facebook is over
<img src='http://assets.bizjournals.com/jacksonville/facebook%20stock%20mockup*100.jpg?v=1'>Facebook Inc.?s performance as a public company wasn?t exactly a showstopper. The stock jumped 12 percent in the opening minutes of trading on Friday before slipping back close to the $38 price IPO investors paid on Thursday, despite reported efforts by underwriters to prop it up.
This raises some interesting points that skeptics have been shouting about for months. Just how great of a buy is Facebook stock? What is its long-term sustainability?
With the help of PrivCo, we?ve put together...<div class="feedflare">
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Facebook jumps 12% on IPO debut, then slips
<img src='http://assets.bizjournals.com/sanjose/news/Facebook_OpeningBell*100.jpg?v=1'>Now it is Nasdaq investors' turn to weigh in on what Facebook Inc. stock is worth.
The stock (NASDAQ:FB) jumped 12 percent in the opening minutes of trading on Friday before slipping back from $43 to close to the $38 price IPO investors paid on Thursday. It rebounded to more than $41 after that.
The Wall Street Journal cited an unnamed source who said that the underwriters on the deal stepped in to prevent it from dropping below the $38 a share price that was set for initial investors on Thursday.
The...<div class="feedflare">
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12th Avenue Iron: Modern day blacksmiths (slide show)
<img src='http://assets.bizjournals.com/seattle/news/GYB-12th-Ave-Iron-01-Mark-Christiansen-Stephen-Marks-for-WEB*100.jpg?v=1'>Turning a metal rod into something useful and beautiful still takes heat and muscle; the rhythmic clang of metal striking metal still rings through the smithy ? even though the blacksmith?s hammer and anvil have been replaced by a large, foot-operated machine.
But instead of swords and horseshoes, 12th Avenue Iron on Seattle's Capitol Hill makes custom gates, staircase railings and other furnishings for high-end homes and businesses.
For more on these modern day blacksmiths, see Jeanne Lang...<div class="feedflare">
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Foreclosures fall in Washington state, West
A new report says foreclosures are declining nationally, particularly in the West.
According to RealtyTrac, a California-based foreclosure listing service, foreclosure filings nationwide in April hit their lowest monthly total since July 2007, and foreclosure activity declined sharply in several Western states.
Foreclosure activity nationwide was down 14 percent in April from April of 2011, with one in every 698 U.S. residences having a foreclosure filing during the month.
Washington state's foreclosure...<div class="feedflare">
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