The Black Chandelier stores at Fashion Place mall in Murray and the Shops at Riverwoods in Provo are closing.

The two stores are the newest in the four-store chain.

Black Chandelier's parent company Nexia Holdings Inc., a subsidiary of Gold Fusion Laboratories Inc., was unable to raise sufficient capital to properly stock all the locations and sales suffered. About 20 people will lose their jobs, Nexia said in a news release this week.

Black Chandelier will ship merchandise from the closed stores to the remaining stores and will save $50,000 in negative cash flow per month.

Nexia, a Salt Lake City-based health, beauty, fashion and real-estate company, had attempted to raise up to $10 million in an equity line of credit but was unable to get the registration statement cleared through the Securities and Exchange Commission for more than 20 months.

Ascension Orthopedics Closes $21 Million Financing and Recruits an ...

AUSTIN, Texas, Jan. 21 /PRNewswire/ -- Ascension Orthopedics, Inc., an emerging medical device company that develops, manufactures and markets joint replacement, trauma and tissue regeneration surgical implants for use in upper and lower extremities, announced today that it has secured $21 million in a Series D financing. This new round of funding will be used primarily to expand the current product line and enhance the Company's product marketing and distribution network.

Leading this Series D financing as the majority investor is Frazier Healthcare Ventures, one of the nation's leading providers of venture and growth equity capital to emerging healthcare companies. Alan Frazier, General Partner and Founder of Frazier Healthcare Ventures will join Trevor Moody, General Partner of Frazier Healthcare, and Steven Tallman, Venture Partner of Frazier Healthcare on Ascension's Board of Directors.

Revising late-term abortions proposed

TOPEKA | Abortion opponents announced planned legislation Thursday that they say would enhance enforcement of late-term abortion laws and prevent women from getting coerced abortions.</p><p>The measure would give district and county attorneys the ability to see abortion records and pursue a case if they think a crime was committed.</p><p>The announcement came a day after a judge allowed a grand jury to examine the medical records of 2,000 women who sought late-term abortions at Wichita physician George Tiller's clinic.</p><p>Women who sought abortions and their families also would be allowed to file civil suits against those they think violated the state's abortion law, said Rep. Lance Kinzer, a Republican from Olathe.</p><p>“A very good and limited late-term abortion law in the state of Kansas is not being followed and enforced,” Kinzer said.</p><p>But the proposed measure “trivializes the real pain and heartache that women and their families go through when they have to make a decision” to have an abortion, said Julie Burkhardt, chief operating officer for ProKanDo, which supports abortion rights.</p><p>She highlighted a part of the proposal that would allow citizens to take the Kansas Department of Health and Environment to court if it did not issue the public abortion data it is required to disclose.</p><p>Burkhardt said the measure was an effort to restrict legal access to abortion and intimidate abortion providers.</p><p>Kansans for Life said the proposed new measure would help prevent coerced abortions.</p><p>One of the provisions would require women to have at least 30 minutes of reflection time beforehand and be given a copy of the doctor's determination about the baby's viability.</p><p>Other provisions include:</p><p>- Allowing women the chance to see any ultrasound images of their fetus or hear a fetal heartbeat.</p><p>- Requiring the Kansas Board of Healing Arts to revoke the medical license of a doctor who breaks the state's late-term abortion law.</p><p>- Requiring doctors to retain abortion records for 10 years instead of the current five.</p><p>- Allowing the attorney general or district or county attorney to prosecute a reported violation in the county where the abortion was performed or where the woman lives.

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Xbox 360 team skipped quality testing of console to beat Sony to ...

Last summer, amidst a flurry of reports from Xbox 360 gamers, DailyTech exposed retailers' estimates that up to one-third of Xbox 360 consoles experience hardware failures within the first year of ownership. Just days after the report, Microsoft extended its warranty to cover the specific hardware failure for three years from purchase.

Although Microsoft now covers all Xbox 360 consoles for three years against the Red Ring of Death (RROD) – the sign of a hardware failure – there is no specific time frame for the defect to appear.

Moderator says anti-English bigotry is 'like sectarianism'

There is no place for discrimination or extremism of any kind in 21st-century Scotland and the Scottish Government is determined to do everything it can to stamp it out. A modern Scotland should be all about acceptance and celebrating diversity."COMMENT: The union jocks .

Father Foley Cape Cod abuse case settled For $550,000

The Archdiocese of Hartford agreed this week to pay $550,000 to a man who accused the Rev. Stephen Foley of using his position as Hartford County fire chaplain to sodomize him when he was a 14-year-old parishioner in Windsor Locks. Foley, who has been accused of abuse by at least 11 men since 1993 and was removed from public ministry in 2002, is still affiliated with the county fire organization he belonged to when the alleged assault occurred. He now holds the title of "chaplain emeritus" of the group, according to board members... The current president of the group is Windsor Locks Fire Chief Gary Ruggiero. Haber said Ruggiero sent an e-mail to the board of directors Friday criticizing the newspaper for publishing a story last Sunday that exposed Foley's continued use of a police-equipped Crown Victoria with flashing lights, sirens and scanners... abuse took place on a weekend when the boy and his friend accompanied Foley to a home on Cape Cod, which Foley said was owned by his aunt, the brief said.