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Hostage standoff ends in Venezuela; gunmen arrested after fleeing in ...
The hostage standoff at the Banco Provincial branch was the longest in at least a decade in Venezuela, and every twist and turn became a spectacle in TV and radio news across the country and in neighboring Colombia. In the final hours, some hostages inside the bank held up signs in the windows with desperate pleas for help and used cell phones to call their relatives. Under the deal with police, the gunmen were permitted to leave with five hostages who agreed to accompany them, freeing the rest of the captives at the bank. Police allowed the gunmen to flee because "they threatened to start killing the hostages in 20 minutes," Manuitt said. One of the hostages who later left with the gunmen, Vanessa Saavedra, spoke quietly and haltingly to Colombia's Caracol Radio by cell phone from inside the bank, saying: "We don't want them to shoot ...
Renaissance Square sold in a $270.9 million deal
A Houston-based real-estate firm has bought Renaissance Square, a downtown Phoenix landmark. The selling price was $270.9 million according to a U.S. Securities and Exchange Commission filing, making it the most expensive deal for a Valley office complex in more than a year.
Renaissance Square features two high-rise buildings with a total 965,508 square feet that are situated on a city block between Central Avenue and First Avenue.
The complex was bought by a subsidiary of Hines U.S. Core Office Fund, a limited partnership operated by real-estate firm Hines. A joint venture of Pauls Corp. and GE Asset Management sold the property.
Renaissance Square is 95 percent leased to tenants that include legal and accounting firms.
The Renaissance Square transaction eclipses the $176.8 million sale of Collier Center at 201 E.
BEST OF THE WEB TODAY
Truce Is Stranger Than Fiction The New York Sun reports that Barack Obama and Hillary Clinton, who've been trading racially charged attacks for the past 10 days or so, have called a "truce": Mrs. Clinton issued a statement last night calling for leading Democratic hopefuls to "seek common ground," hours after Mr. Obama praised President Clinton and his wife for their records on civil rights. The statements from both sides were efforts to cool tensions. . . . "Our party and our nation is bigger than this," Mrs. Clinton said in her statement. "We differ on a lot of things," she added. "And it is critical to have the right kind of discussion on where we stand. But when it comes to civil rights and our commitment to diversity, when it comes to our heroes--President John F.
Tax burden shifts from homeowners
Property owners have until March 20 to file appeals.
Last year's revaluation, the first in seven years, enraged some homeowners, who saw the share of residential real estate accounting for the Grand List grow from 56 percent to 65 percent. Republicans said that revaluation was flawed, and city legislators voted to phase it in over five years to soften the blow.
If this year's revaluation is phased in, too, the formula for determining the result is taking the difference between its full value and the full value of the 2006 revaluation and adding it to the 2006 phased-in value. If this year's revaluation is not phased in, then last year's revaluation would get tossed.
How much homeowners will pay depends mostly on the city budget, and on the tax rate set by the Board of Finance in May.
Top cops: A few bad apples don't spoil the whole bunch, officials say
Quinn was fired from the department earlier in 2007.
Cooke said the incidents haven't yet given his department a black eye.
"The two incidents haven't tainted law enforcement in general," Cooke said. "We try to weed them out, and unfortunately a few get through."
Greeley Police Chief Jerry Garner said he immediately tells young officers they do not have same amount of rights as the average citizen -- they have less because they are highly visible in the community.
"Someone who enforces the law for others has to obey it themselves," Garner said. "We place those higher expectations on them, and occasionally they are too much for some."
Garner and Cooke agree that law enforcement officials need to act differently than the general public.
Aberdeen land Boro prospect
The highly-rated 18-year-old made his only first-team appearance so far for Boro in May 2006, when he played against Fulham in the Barclays Premier League. Walker, who has captained England at under-16 and under-17 level, had a loan spell with Bournemouth last season. .
Friday 13th October
The one group of IPTV providers not sharing in the current success of IPTV is comprised of those that have selected Microsoft's software," states Bob Larribeau, IPTV Director for MRG. "Deployments at AT&T, Bell Canada, Deutsche Telekom, and Swisscom are on hold waiting for Microsoft's software."
Microsoft's slowness to market has had a strong negative effect on the forecast for North America in particular, which has not been offset by the stronger growth of small independent operators and of Verizon's VOD services.
The forecast projects that there will be 50.5 million IPTV subscribers by the end of 2010 (about half Alcatels prediction thus week) with global IPTV revenue of $16.7 billion in 2010 - $12.8 billion in service revenue and $3.9 billion in system and software revenue.
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