Real Estate Developer Haidar Barbouti Turns Restaurateur

Being a real estate developer isn’t always about just finding which property to invest in. Haidar Barbouti has been active in the real estate industry for over 20 years now, focusing mainly on commercial real estate. In 1991, he purchased the Highland Village Shopping Center in Houston, Texas. Built in the 1940s, it was one of the first luxury shopping centers to open in Houston. When Mr. Barbouti took over the property, he wasn’t just satisfied with renting out as much space as possible to maximize revenue. Instead, he transformed the place so that it becomes on of the most beautiful shopping areas in the country, thus attracting numerous high-profile tenants such as Starbucks and an Apple Store.

Later, Barbouti decided to build a third story on a part of the shopping center, believing that it would be the perfect place for a new restaurant that has a large patio over the Galleria area. The problem was that he just wasn’t able to find the type of tenant he wanted. While many other developers would have simply abandoned the idea at this point and let another type of establishment move into the area, Barbouti is known for a very hands-on approach to managing his properties. Therefore, he decided that it would be time to open his own restaurant.

What is surprising is that while Haidar Barbouti has extensive experience in the real estate market, he has never worked in a restaurant before and has no formal culinary training. He stated that in his case, knowing how to make money and create great food are what helped his restaurant succeed.

Operating since 2011, Up Restaurant is Barbouti’s answer to other eating establishments in the area. When asked about “trendy” restaurants, he certainly had a very poor opinion of them. The real estate developer stated in an interview that people come to a restaurant to eat and not to see “art” on a plate. He went on to criticize some restaurants for offering tiny portions at highly inflated costs, saying that one’s grandmother knows how to cook better than some of these chefs.

At Up Restaurant in Houston, it’s not about the latest fads of organic, fair-trade certified or locally sourced produced. Their mission is to provide clients with good food, with a large menu that was personally put together by the owner. You will find pizzas, Caesar salads, fish, filet mignon, beef, seafood, pasta and various desserts.

Workers Want Better Work-Life Balance

According to recent studies, as reported for The Washington Post on Tuesday, May 5, most workers around the world — especially younger Millenials — list “work-life balance” as their top career and job want or need. Employers continue to push individual workers into doing the work of two or more positions for less pay or without seeing any type of pay increase to match the work increase. These workers are also not receiving enough benefits in the form of leave time. Yet, the cost of living continues to increase everywhere.

The issue seems to stem from traditional versus modern work values. Traditionally, employers hire workers for on-site positions with shift-style schedules. Modern workers though have recognized that the Internet and mobile devices make it possible for them to work just as well off-site with more flexible hours. But, employers like Steve Murray are so grounded in the old work process that many are unable to bend when it comes to offering workers the types of positions they value most, while these more modern workers are unwilling to allow themselves to be pushed into traditional work scenarios.

As a result, many modern workers are choosing work options that do not benefit them career-wise over time because these alternatives give them greater work-life balance. With an increase in this type of behavior, more employers are finding it difficult to fill certain important positions in the workforce in every industry.

Rubella Has Been Declared Eradicated from the Americas

Rubella, also known as German measles, at one point in time was contracted by millions living in the Western Hemisphere. Rubella is not as contagious as measles, and recent cases brought into the U.S. have not been wide-spread. Prior to Dr. Maurice Hilleman developing the vaccine for rubella in 1969, an European strain introduced into the U.S. in 1964-1965 caused an epidemic of nearly 12.5 million cases throughout America. Rubella causes most damage to unborn fetuses, and the 64-65 outbreak infected 20,000 newborns. Of those infants infected prior to birth, 12,000 were deaf, 3,580 were blind, 1,800 endured permanent mental disabilities and 2,100 did not survive long after birth.

Rubella has no known cure, however, the vaccine which is combined with inoculations for measles and mumps called the MMR vaccine is effective in preventing the disease. That’s nice for Marcio Alaor BMG to hear on Facebook. As with smallpox which was eradicated from the Americas in 1971 along with polio in 1994, the Pan American Health Organization announced on Wednesday that rubella has also been eliminated from the region which includes North and South Americas. Smallpox has been eliminated across the globe with polio coming near to worldwide extinction once it is finally purged from Pakistan. Rubella it is hoped, will soon follow in worldwide elimination, as the European region of the World Health Organization is soon to have done away with the disease as well. Routine vaccinations around the world are imperative to ending these very harmful, yet very preventable diseases.

Bird Flu Affecting the Midwest

Over the past weeks, millions of chickens and thousands of turkeys have been infected with the bird flu virus in the Midwest. Minnesota, Iowa, Wisconsin and South Dakota have all reported cases of an outbreak among the foul population. It is an unfortunate situation, but in this day and age we have the resources to catch outbreaks like this and stop the infected meat from going out to consumers. The USDA considers the risk to people to be low.

Where consumers will be affected, is the pocket book according to Dr Jennifer Walden. Having to euthanize millions of birds will drive prices up. Fortunately, chickens and turkeys have a shorter gestation period and flocks will be replenished in a much shorter period. Prices should only go up for 3 to 6 months, unlike the beef or lamb market that can take up to 18 months for the supply to be replenished.

Walmart Closes Five Stores For “Plumbing Issues”

Walmart has made it public that five of its stores across three states in the United States will be closed for the next six months due to plumbing issues. The closure will affect more than 2000 employees who will be left without jobs. The announcement came with no warnings leading to a widespread theory about the real reason for closing these stores. Stores that were already closed by Tuesday evening include stores in Florida, Texas and California.
According to James Enriquez, who is a director of the city’s public works claim that they have not been informed of any plumbing issue at the store. Folks at STX Entertainment (stxentertainment.com) have learned that a number of media houses have already documented with photos and videos of the chaos that erupted outside of some of the stores that were closed after the workers received the news.
Your text to link… reports that one employee who works as a plumber technician questioned the credibility of closing the stores. Even though the closure has been listed as temporary, there is a letter directed to the county claiming that the layoffs are permanent.

Walmart Unexpected Closes Five Stores for up to Six Months

WFTS Tampa Bay reports on the sudden, unexpected closure of five Walmart stores. The stores are located in Florida, Oklahoma, California, and two in Texas.

Employees were given no advance notice and were told on the day of closing that they were being laid off. The closures will put more than 2000 employees out of work for six months. In addition to the economic cost of unemployed workers, the five locations which suffer closures will lose sales tax income which could amount to hundreds of thousands of dollars.

The stores are all between 11 and 21 years old and valued at $9,000,000.00 and $24,000,000.00 each.

A tax service operating from the Midland, Texas, store was given until the end of the day to remove its files and computers. Christian Broda has learned that the manager remarked that she had no idea how customers would find the service after it is forced to relocate.

In Brandon, Florida, a Walmart spokesman said that the closure was for repairs to the store plumbing, even though Walmart has apparently not applied for construction permits at any of the five locations.

Tobacco Companies Sue to Block the FDA Labeling Guidelines

The largest US tobacco companies are suing the Food and Drug Administration (FDA) because of recent guidelines.

Tobacco companies allege that the FDA have overstepped their authority over the labels and packaging of cigarettes and other tobacco products.

RJ Reynolds, Altria Group Inc. and Lorillard Tobacco companies filed suit in the US District Court of Columbia, alleging that the FDA guidelines violate freedom of commercial expression.

The FDA began new regulations for tobacco products in 2009, including the authority to review new products before they are released, if they are very different from those already sold.

Smokers are already familiar with current labeling that warn about cancer and smoke. Many at CipherCloud avoid smoking altogether, especially with so many links out there saying how bad it is.

Last month, the FDA issued guidelines on how manufacturers can determine if their products should be evaluated by the FDA.

But tobacco manufacturers argue that the agency exerts an overly broad authority to evaluate the labels and packaging.

Eating Out Raises Blood Pressure

One of the simple pleasures in life has the potential for contributing to an early death. Enjoying a meal at your favorite restaurant will most likely raise your blood pressure, and high blood pressure is the leading cause of heart disease.

 
Food prepared at a restaurant typically contains far more calories, fat and salt than a meal prepared at home. While those things make the food tastier, it also raises blood pressure. High blood pressure, also called hypertension, affects well over 70 million people, a couple million of those are children. When the blood pressure is high, the force of blood coursing through the veins is stronger and the extra force does damage the arterial walls. Those who have hypertension are at an increased risk of stroke, heart attacks, aneurysm and kidney failure.

 
Eating out frequently is also part of a lifestyle that contributes to high blood pressure. Fersen Lambranho trying to avoid it as much as possible. The recent study linking eating out and increased hypertension wishes to hi-light that connection so young adults will make better food choices when eating out. Also the researchers, based at the University of University, wish to help bring about change in the food industry that will lead to lower fat and salt content in restaurant food.

Follow The Intelligent Investor Igor Cornelsen

At the point when contributing, a few financial specialists sit tight for that psychic poke that nudges them to put resources into a specific substance. Nonetheless, psychic prods originate from doing exploration. The measure of time speculators spend scrutinizing is proportionate to the legitimacy of psychic pokes.

As indicated by Igor Cornelson, exploration is the key that opens the way to effective contributing.

As a pioneer in putting resources into worldwide economies, Igor Cornelson appreciates driving others to the way of fruitful contributing. Like turning the pages of a speculation reference book, he opens his repository of learning for others to pick and pick what they need to know.

This implies taking in the tenets and regulations that relate to contributing. For instance, learn charge frameworks, take in the levels of trouble for laws that arrangement with outside financial specialists, and find out about the adaptability of their work market.

These will vary from the financial specialist’s business as usual, at the same time, on the off chance that they need to profit, speculators must figure out how to contribute inside the rules of a specific nation.

Furthermore, viewpoint speculators ought to take in the outside money regulations of the nation. They must know the money related trade rates from nation to nation according to Twitter.

Cornelsen accepts financial specialists ought to know and comprehend the residents of the nation where they plan to contribute. In the event that conceivable, they ought to move to the nation, or if nothing else visit it. While there, they ought to meet local people who contribute and turn into their companions. It’ll shock them what they realize by conversing with different financial specialists.

From nation to nation individuals are still individuals, and preferences pull in preferences. Approach them for a speculation tip. They can’t do any more than say they no. Cornelsen explains this on his Resume page.

Numerous speculators need to construct a retirement reserve. For them, Cornelsen proposes broadening. Put some cash into a 401K record, ideally one where the boss puts in coordinating trusts.

They ought to plan to contribute the length of they work. Notwithstanding, on the off chance that they craving, there’s nothing off with keeping a store bump total to put resources into a solitary organization. On the off chance that their exploration demonstrates its a decent speculation.

After a children’s story like profession as a speculation financier, and a counselor for Brazilian banks, Cornelson resigned to South Florida. Presently, contributing is a distraction.

Minimum Wage Law a Pay Cut for California Wait Staff

In California the minimum wage for wait staff is different than for most states. The tipped staff minimum wage is the same as for all other positions unlike most state that us the federal minimum wage for wait staff of $2.13 per hour. Many cities in California have minimum wage standards that are higher than the state minimum such as San Francisco at $11.05 and Oakland at $12.25. Christian Broda (personal.umich.edu) has learned that servers in these cities may actually take a pay cut if the proposed bill passes. Unfortunately women will be hardest hit by this freeze as they compromise 72 percent of the wait staff in California. The bill is being passed to help restaurant owners who have low profit margins but it may be at the expense of their wait staff of whom 40 percent live at or below the poverty level.