| TOUSA chairman sells last of his shares
TOUSA's chairman sold the last of his shares in the company for 10.5 cents a share each, a Securities and Exchange Commission filing showed. Harry Engelstein said he sold the 7,500 shares on Wednesday. On April 9, he owned 63,750 -- less than 1 percent -- of the company's 59.6 million outstanding shares. The New York Stock Exchange suspended trading of the Hollywood-based home builder's common stock and debt securities a week ago. It now trades on the Pinks Sheets under the symbol "TOUS." TOUSA has said it is considering restructuring and reorganizing options, including Chapter 11 bankruptcy, after posting a third quarter loss of $619.7 million. Shares were down 2 cents to 9 cents in afternoon trading. No 52-week high/low information was available.
Car Chase Ends in Crash on Clifford
A car chase in the city early Monday morning, ended with a vehicle crashing into a two family home on Clifford Avenue. Rochester police say a car traveling north on Alexander Street around 3 a.m. ran a red light, and nearly struck a police cruiser. By the time the officer caught up with the vehicle, it nearly struck another police car. The chase ended on Rohr Street and Clifford Avenue, when the car struck a house. Two people in the vehicle were taken to the hospital. A third is in custody. Charges are pending against all three. No one inside the home was injured. The building is being checked to see if it is structurally sound. cc/yc City of Rochester
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Firm helps small businesses go paperless
A rising U.S. dollar in the early 1990s scuttled Ray Thorpe's business selling American-built motorhomes to Canadian customers. Yes, that surely was a different era. Glancing through the newspaper one day, Thorpe spotted an ad placed by the Alberta government offering free two-week computer training courses to anyone without a job. Thorpe decided to get computer savvy. Today, his company, Less Paper Now Inc. -- www.lesspapernow.com -- sees his computerized paperless filing system in use by thousands of people in hundreds of companies on three continents, ranging from a six-person chartered accountant's office in Aurora, north of Toronto, to a corporation in Melbourne, Australia. Basically put, his system allows clients, using a very small, ultra-high-speed scanner, to computerize in seconds a seven-page document or in a very few minutes a 100-page document, then see them stacked in sequential order ready for page-turning.
Healthy ways of doing business
For the second year in a row, the voters couldn't decide which Little Elm business deserved top honors.Apple Orthodontix and Little Elm Pharmacy were named co-businesses of the year at the Best of Little Elm celebration sponsored by the Chamber of Commerce on Saturday in Denton.Chamber board members nominated three businesses for the award and sent the nominees out to chamber members for a vote.When Apple Orthodontix and Little Elm Pharmacy tied above the third nominee, Garcia Law Firm, members voted on the top two businesses again and came up with the same result.The owners of both organizations were thrilled to be selected as a business of the year."It's quite an honor to be named that, but more importantly people recognize that Brad [Brennan of Little Elm Pharmacy] and I are both out doing what's good for the community," said Dr.
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