Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/B_iIoHsvtFM/130730193535.htm
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Tuesday, July 30, 2013
Controlling contagion by restricting mobility: In the face of an epidemic, even moderate travel restrictions would slow contagion
[unable to retrieve full-text content]In an epidemic or a bioterrorist attack, the response of government officials could range from a drastic restriction of mobility -- imposed isolation or total lockdown of a city -- to moderate travel restrictions in some areas or simple suggestions that people remain at home. Deciding to institute any measure would require officials to weigh the costs and benefits of action, but at present there's little data to guide them on the question of how disease spreads through transportation networks. However, a new study comparing contagion rates in two scenarios -- with and without travel restrictions -- shows that even moderate measures of mobility restriction would be effective in controlling contagion in densely populated areas with highly interconnected road and transit networks.
Will Apple's new budget iPhone be called the iPhone 5C?
Apple's forthcoming budget iPhone could be labelled the iPhone 5C, according to a piece of evidence that has recently come to light.
For months now we've been referring to Apple's forthcoming affordable smartphone as the 'budget iPhone,' but now we might have an idea of what its final name will be thanks to a photo posted on a WeiPhone forum.
As you can see, the above image appears to show a bunch of smartphone boxes. Each one contains the name iPhone 5C in a convincing Apple font.
With the next full price iPhone seemingly set to go by the name of the iPhone 5S, this name would certainly slot smoothly into Apple's naming scheme. But what could 'C' stand for?
The 'S' in the iPhone 4S stood for 'speed,' as it was a faster version of the iPhone 4. The iPhone 5S would be the same in relation to the iPhone 5. So how about that 'C'?
One possibility being bandied around is that the 'C' could stand for 'colour.' After all, numerous reports and leaks have suggested that the budget iPhone will come in a variety of colours beyond black and white, rather like Apple's iPod touch range.
Or could the 'C' relate to the phone's wallet-friendly credentials - so 'cost' or 'cheap.' Somehow, though, we doubt Apple would ever label any of its products cheap. It's more likely to be some vague expression such as 'cool,' or the aforementioned 'colour,' we reckon.
With the iPhone 5S rumoured for a September 6 launch date and an iPhone 5C surely set follow soon after - if not launch on the same day - we shouldn't have long to wait to see what that 'C' means, if it proves to be true.
Read More: iPhone 6 rumours
Via: CNET
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Saturday, July 27, 2013
Someone Attending The International Property ... - Business Insider
Those attending the iProperty.com International Property Expo in Singapore, to learn about "the best property in Asia" can win a free house by attending.
Guess where the house is located.
One might think somewhere in Asia because that's the focus of the expo. But No! The free house is located in the mother of all choice spots, Detroit, Michigan.
Check out the image.
Mish's Global Economic Trend Analysis
Note the creative description: "Yes, it?s true we are giving away a home! This is a gorgeous 3 bedroom brick home located in an excellent neighbourhood just a stone?s throw away from key facilities like the Triumph Hospital and the Bel Air Shopping Centre. It boasts a garage and basement and has just been newly furnished. It?s Freehold Landed U.S property with 3 bedroom and 1 bathroom. A lot size of 4,225 sq ft with Garage, basement and tenant included! This property has a net selling price US $38,000."
Is this ad supposed to entice people to attend or scare them away?
For other creative property descriptions, please see Vancouver B.C. vs. Donegal Ireland Real Estate: What Will $890,000 Buy?
It's Too Late
The iProperty promotion clearly needs a nice corresponding "better buy now before it's too late" message.
And I have just the right promotional idea in mind. It's from my December 13, 2005 article It's Too Late.
I think it's too late.
In fact I know it's too late.
How do I know?
The following Email I received tonight should explain it nicely.
When you see stuff like this, not only is it too late, it's way too late.
Mish's Global Economic Trend Analysis
Source: http://www.businessinsider.com/property-expo-free-detroit-house-prize-2013-7
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Arrival of new CIBC Pink Collection? signals official kick off of the 2013 CIBC Run for the Cure in branches across Canada
Scott McGillivray and Tracy Moore join Team CIBC's campaign for a future without breast cancer
TORONTO, July 25, 2013 /CNW/ - (TSX: CM) (NYSE: CM) kicks-off the Canadian Breast Cancer Foundation CIBC Run for the Cure campaign with the 2013 edition of the CIBC Pink Collection?, now available exclusively in CIBC branches across Canada. All net proceeds from the Collection support the Foundation's goal to achieve a future without breast cancer.
"CIBC is proud to support the vital work of the Canadian Breast Cancer Foundation, not only in raising funds that will help find a cure for breast cancer, but in prevention and early detection education as well," said Christina Kramer, CIBC Executive Vice-President and National Run Champion. "Our long-term involvement in the CIBC Run for the Cure includes taking a lead role in promoting the Run across the country, employee volunteers providing leadership at every site and CIBC employees and clients helping to raise $30 million for the Canadian Breast Cancer Foundation last year alone."
As part of an integrated campaign to encourage Canadians to participate, CIBC is working with Scott McGillivray, Host and Executive Producer of HGTV Canada's Income Property, and Tracy Moore, Host of Cityline.
"As the faces of the CIBC Run for the Cure campaign this year, we are thrilled that Scott and Tracy are helping Team CIBC bring awareness to a cause that affects one in nine Canadian women and their families," added Kramer.
"I know cancer can be beat and I plan on being part of the solution," said McGillivray, who has lost family members and friends to cancer. "I am excited to help generate awareness and promote participation in the CIBC Run for Cure.? I'm hoping to inspire more Canadians to get involved."
The 2013 CIBC Pink Collection features a number of items for a suggested contribution:
- Charm key chain for $6
- Journal for $7
- Cooler tote for $12
- Wristlet wallet for $20
"We wish to extend our gratitude to CIBC for their continued support and ongoing commitment to the Canadian Breast Cancer Foundation CIBC Run for the Cure. The funds raised by the CIBC Pink Collection in addition to Team CIBC fundraising and volunteer support, allows us to continue to fund relevant, innovative research and support and advocate for the breast cancer community," said Deborah Dubenofsky, National Board Chair, Canadian Breast Cancer Foundation.
CIBC is in its 17th year as title sponsor of Canadian Breast Cancer Foundation CIBC Run for the Cure. "CIBC's involvement started with a group of supportive and dedicated employees, and has grown into an important part of the fabric of our organization. Today, our employees remain at the heart of our continued support for the Canadian Breast Cancer Foundation's vision of creating a world without breast cancer," said Kramer.
Every contribution counts, which is why CIBC donates 100% of the net proceeds from the Pink Collection to the CBCF for breast cancer research, education and awareness programs. Visit your nearest CIBC branch to see the Collection and show your support.
About the Canadian Breast Cancer Foundation CIBC Run for the Cure
Since 1992, the annual Canadian Breast Cancer Foundation CIBC Run for the Cure has been the largest, single-day, volunteer-led national event in support of creating a future without breast cancer. In 2012, close to 170,000 participants raised over $30 million to fund innovative breast cancer research, education and awareness programs. On October 6, 2013 this national movement will again connect participants and volunteers in 66 communities across the country. For more information, visit www.runforthecure.com.
About CIBC
CIBC is a leading North American financial institution with nearly 11 million personal banking and business clients. CIBC is committed to supporting causes that matter to our clients, our employees and our communities. We aim to make a difference in communities through corporate donations, sponsorships and the volunteer spirit of employees. In 2012, CIBC contributed more than $38 million to over 1,900 charitable and non-profit initiatives in 450 communities. You can find other news releases and information about CIBC in our Press Centre on our corporate website at www.cibc.com.
About the Canadian Breast Cancer Foundation
The Canadian Breast Cancer Foundation is the leading community-driven organization in Canada dedicated to creating a future without breast cancer.? Our investments in innovative and relevant research and education have led to progress in breast cancer prevention, diagnosis, treatment and care. Since 1986, we have been at the forefront of a nationwide movement supporting and advocating for the breast cancer community. Join us at www.cbcf.org.
Attention Editors: Regional CIBC Run Champions are available for interviews and can share their personal stories about why they became involved in the Canadian Breast Cancer Foundation CIBC Run for a Cure.
SOURCE CIBC
For further information: Media contact: Roderick Cumming, Senior Director, Communications & Public Affairs, CIBC, 416-304-5567 or Kevin Dove, Senior Director, External Communications & Media Relations, CIBC, 416-980-8835.
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Friday, July 26, 2013
Watchdog sharply critical of Afghan justice training program
By Erin McClam and M. Alex Johnson, NBC News
A nonprofit legal training organization contracted to teach Afghans about the rule of law told NBC News on Thursday that it strongly contested a federal investigator's accusation that it was being allowed to spend almost $50 million without any oversight.
In an "alert letter" sent Monday to the State Department, John Sopko, the special inspector general overseeing Afghan reconstruction programs, alleged that the organization is ill-prepared to handle taxpayer money and refuses to provide U.S. investigators with any accounting of how the cash is being spent.
"You can't make this up," Sopko wrote.
The letter says that an audit of legal programs administered by a State Department agency revealed that the $47.8 million Afghanistan justice training program had been awarded to the Rome-based International Development Law Organization without competition and lacking "basic provisions that would allow (the State Department) to ensure proper monitoring and evaluation."
"The irony here is that State violated its own written policy and gave them a huge check to teach the Afghans about the 'rule of law,'" Sopko wrote. "We're going to get to the bottom of this and hold people accountable."
(An earlier version of this story referred to the special inspector general's office as a Defense Department agency. It is an interagency office overseeing Afghanistan operations across the Defense and State departments and the U.S. Agency for International Development. The earlier version also incorrectly referred to Sopko's letter as a "report." It is an alert letter informing the State Department that a formal report would be one step Sopko could take if it fails to address his concerns.)
IDLO isn't a new or little-known organization. Founded in 1983 by international development lawyers in Africa, it has permanent observer status at the United Nations, which lists it as a partner organization.?
Watch US News videos on NBCNews.com
In a statement to NBC News on Thursday, IDLO contended that Sopko's letter was filled with "factual errors and speculative assertions based on incorrect or incomplete information."
"Both IDLO and (the Bureau of International Narcotics and Law Enforcement Affairs, or INL) focused on including robust oversight, monitoring, and evaluation provisions during the program design phase into those documents," it said, including requiring "detailed review by INL."?
It said IDLO is required to submit "detailed explanations of proposed budget expenditure" and must submit to independent third-party audits at any time.
A State Department spokeswoman, Marie Harf, agreed that IDLO's contract included a "robust monitoring and evaluation plan."
"We would also note that while this program is new, there have been no allegations or evidence of fraud, waste or mismanagement," she said.
IDLO also said Sopko was wrong when he wrote that its budget has been declining even as it has taken on more projects.?
"IDLO's budget has been increasing over the past few years, reflecting continuing confidence and trust in IDLO's work from our donors," it said.
That's true, but only to a point. The organization's 2012 financial report (.pdf) does show that its 2012 budget represented a 15 percent increase over what it had projected in its 2011 budget. But it actually represented a 5 percent decline from the final approved budget for 2011.
And that came after significant cuts in financial, operational and human resources spending, made necessary by shortfalls in 2009 and 2010, "to bring about a balanced budget for 2011," according to the documents.
"These reductions have been significant for the Organization," it said in its 2011 financial report (.pdf).
Jim Miklaszewski and Catherine Chomiak of NBC News contributed to this report.
This story was originally published on Thu Jul 25, 2013 2:16 PM EDT
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Thursday, July 25, 2013
Fully-assembled low-cost polycarbonate iPhone shown next to iPhone 5 (with photo)
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Source: http://www.facebook.com/permalink.php?story_fbid=613921218641490&id=115705605129723
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Wednesday, July 24, 2013
ABC Family Stars Set for Live Twitter Chat + Twisted Discussion Post
[unable to retrieve full-text content]The series is produced by Prodco, Inc. Part of the Disney/ABC Television Group, ABC Family is distributed in over 97 million homes. ABC Family features programming reflecting today's families, entertaining and connecting ...
Source: http://ohnotheydidnt.livejournal.com/79873542.html
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Tuesday, July 23, 2013
How to survive without sex: Rotifer genome reveals its strategies
[unable to retrieve full-text content]How a group of animals can abandon sex, yet produce more than 460 species over evolutionary time, became a little less mysterious this week with the publication of the complete genome of a bdelloid rotifer (Adineta vaga).
Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/9rX3IZeg7to/130722123210.htm
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South Africa rebukes officials over Zimbabwe
HARARE, Zimbabwe -- South African President Jacob Zuma, the chief regional mediator on Zimbabwe, said Monday he has rebuked his aides for making "unfortunate statements" on Zimbabwe's lack of readiness to hold crucial elections on July 31.
Significantly softening its stance on the Zimbabwean elections, Zuma's office said in a statement that was released in Zimbabwe that only Zuma was authorized to speak for regional mediators.
Zimbabwean President Robert Mugabe, campaigning for the poll, has criticized Lindiwe Zulu, Zuma's international relations advisor, for questioning the southern African nation's ability to hold credible polls in July.
After a chaotic early vote for police and the military officers who will be on duty on polling day, Mugabe described Zulu as "a stupid, idiotic street woman" ? local parlance for a prostitute ? raising the ire of women's equality groups in South Africa and Zimbabwe.
The statement said Zuma had noted with "great concern" remarks attributed to his officials in regional media. It made no mention of Mugabe's slur against Zulu.
Regional leaders of the 15-nation economic and political bloc, the Southern African Development Community, or SADC, at their last summit in June, had urged Mugabe to delay the polls until at least after August 14 to address claims that vetting of accurate voters' lists, democratic reforms demanded by SADC and other preparations were far from completion.
Zuma's office said his officials had made "a number of statements have been made which have been unauthorized and which are regrettable and unfortunate. Some of the utterances have also been inaccurate."
Zuma said he also corrected weekend reports that he telephoned Mugabe to express his dissatisfaction with preparations for the Zimbabwe poll.
"No such telephone call has been made," the statement said.
South Africa remains "fully committed" to warm relations with Zimbabwe and wishes the country well as it prepares for elections, the statement added.
A meeting of Zuma, Tanzanian President Jakaya Kikwete and President Armando Guebeza of Mozambique, a SADC triumvirate on regional security, in South Africa on Saturday also backed away from criticizing Zimbabwe for rushing toward hasty polls.
In its communique Sunday, it said it noted "problems" that arose during the early police and uniformed services vote on July 13-14 but commended the official state Zimbabwe election commission "for taking up these challenges to be overcome on July 31."
More than half the 70,000 police, soldiers and government officials eligible to cast early ballots failed to vote. The commission said they were turned away when ballot papers and voting materials were not printed and delivered in time at 210 special voting posts.
About 9,600 voting stations are to be set up countrywide for the full election by 6.2 million people listed as registered voters in the population of 13 million.
The communique said regional leaders congratulated Zuma for his "tireless efforts in ensuring that Zimbabwe's political stakeholders hold successful elections" on July 31.
Source: http://www.miamiherald.com/2013/07/22/3514202/south-africa-rebukes-officials.html
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Monday, July 22, 2013
Charlotte church members protest pastor's leadership
CHARLOTTE, N.C. -- Tensions ran high at a north Charlotte church Sunday morning as members protested Pastor Andrew Rollinson?s leadership, saying he was fired nearly three months ago but refuses to leave.
?Rollinson must go!? about a dozen people chanted outside Morningstar Baptist Church at 5623 Phillips St., off West Sugar Creek Road in the Derita area. ?When? Today!?
Rollinson said he has no intention of leaving the church. He said the members who fired him did not follow church bylaws, and therefore the decision is invalid. He did not say how the members violated the bylaws.
?I?m the pastor. I will be the pastor until people want to follow the bylaws,? he said. ?This is a group of irate individuals who want what they want and are not able to get it according to the bylaws, and they became irate.?
Several Mecklenburg County sheriff?s deputies remained parked outside the church for hours Sunday. At least twice, opposing sides of the protest argued face to face before services.
?I?m the pastor,? Rollinson told a group of protesters.
?No, you?re not. You?ve been dismissed,? one responded.
Some of the church?s 200 members say they fired Rollinson in April but that he refuses to leave.
?Due to his character that is not becoming of a pastor, his dishonesty, controlling demeanor, using the pulpit to disrespect his members ... we are removing Pastor Andrew J. Rollinson from his duties effective immediately,? says the April 28 letter signed by five church leaders. ?May God continue to bless you and your family and we hate things had to end this way.?
Since Rollinson was hired three years ago, some at the church say he has given himself more power and used it to ban members who don?t agree with him. Some also say Rollinson has given himself more control over church finances.
?All we want is for him to leave,? said Vernell Miller-Thompson.
Nobody was arrested at the church Sunday.
Deputies told Rollinson that after talking with the Sheriff?s Office attorney, they determined he was not trespassing.
Donald Fontenot, one of Rollinson?s deacons, read a statement Sunday in response to the protest.
?We love our pastor Andrew J. Rollinson and the leadership he brings,? the letter said. ?He has not done anything wrong and he leads us in the fear of our Lord and Savior Jesus Christ.?
The statement also acknowledges that the church has banned 19 members for reasons including ?violating our First Amendment Right, participating (in) and encouraging a public disturbance (and) continuous outbursts of false accusations from the pew.?
Jackie Black, chairman of the board of deacons, said he?s lost trust in church leadership.
?I have a different perspective on preachers now,? he said. ?I see this as a business for them and not a place of worship.?
By the time services began shortly after 11 a.m., the two sides appeared to have reached a truce. Law enforcement left and many members headed into the church for worship.
Dwayne President, who was attending the church for the first time Sunday, said he did not know which side to believe. He also said the tension was distracting from the true purpose of Sunday.
?Gandhi said, ?I like your Christ. I don?t like your Christians.? I can see why he said that now,? President said. ?I?m apologizing for the church. The church is supposed to be an example and a light amongst nonbelievers.?
Black acknowledged that the drama has taken away from the church?s mission.
He said the church plans to involve its attorney more when drafting a contract for the next pastor to ensure nothing like this happens again.
?We?re going to make sure it?s very specific so nobody can take advantage of us again,? he said.
Some of the church?s 200 members say they fired Rollinson in April but that he refuses to leave.
?Due to his character that is not becoming of a pastor, his dishonesty, controlling demeanor, using the pulpit to disrespect his members ... we are removing Pastor Andrew J. Rollinson from his duties effective immediately,? says the April 28 letter signed by five church leaders. ?May God continue to bless you and your family and we hate things had to end this way.?
Since Rollinson was hired three years ago, some at the church say he has given himself more power and used it to ban members who don?t agree with him. Some also say Rollinson has given himself more control over church finances.
?All we want is for him to leave,? said Vernell Miller-Thompson.
Nobody was arrested at the church Sunday.
Deputies told Rollinson that after talking with the Sheriff?s Office attorney, they determined he was not trespassing.
Donald Fontenot, one of Rollinson?s deacons, read a statement Sunday in response to the protest.
?We love our pastor Andrew J. Rollinson and the leadership he brings,? the letter said. ?He has not done anything wrong and he leads us in the fear of our Lord and Savior Jesus Christ.?
The statement also acknowledges that the church has banned 19 members for reasons including ?violating our First Amendment Right, participating (in) and encouraging a public disturbance (and) continuous outbursts of false accusations from the pew.?
Jackie Black, chairman of the board of deacons, said he?s lost trust in church leadership.
?I have a different perspective on preachers now,? he said. ?I see this as a business for them and not a place of worship.?
By the time services began shortly after 11 a.m., the two sides appeared to have reached a truce. Law enforcement left and many members headed into the church for worship.
Dwayne President, who was attending the church for the first time Sunday, said he did not know which side to believe. He also said the tension was distracting from the true purpose of Sunday.
?Gandhi said, ?I like your Christ. I don?t like your Christians.? I can see why he said that now,? President said. ?I?m apologizing for the church. The church is supposed to be an example and a light amongst nonbelievers.?
Black acknowledged that the drama has taken away from the church?s mission.
He said the church plans to involve its attorney more when drafting a contract for the next pastor to ensure nothing like this happens again.
?We?re going to make sure it?s very specific so nobody can take advantage of us again,? he said.
Source: http://www.wcnc.com/news/local/Charlotte-churchs-members-protest-pastors-leadership-216435561.html
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Kerry Washington's 'simple and sweet' wedding details
Details of Kerry Washington's secret wedding to Nnamdi Asomugha are slowly coming out.
After tying the knot June 24 in Hailey, Idaho, little has been said about the ceremony.
Now, according to a source who reportedly attended the "Scandal" star's nuptials to the San Francisco 49ers cornerback, the wedding was "simple and sweet."
PHOTOS: SHHH! SECRET CELEBRITY WEDDINGS
"Everything was held at one of Kerry's friend's houses," the insider told People. "They flew a few people out on this little private plane. The house was beautiful."
The ceremony reportedly took place outside on the grounds of the property.
"It was small, just family and close friends," the source added. "They said their own vows, people stayed at the house. It was really simple and sweet."
RELATED: KERRY WASHINGTON MARRIES NFL PLAYER NNAMDI ASOMUGHA
The 36-year-old actress was reportedly dating Asomugha, 32, for a little over a year before they got hitched in the hushed matrimony.
Like the intimate and low key ceremony, Washington supposedly kept it simple with her wedding gown as well.
"The dress was plain white, slim-fitting, like it could have been off a rack," the attendee described. "It was really regular."
Anything but regular, the Emmy nominee, who plays Olivia Pope on the ABC hit series, has captivated audiences on and off the screen.
"I'm blessed," Washington told People after news broke of her nomination for "Scandal." "I'm really happy in all areas of my life."
zrivera@nydailynews.com
Source: http://feedproxy.google.com/~r/nydnrss/gossip/~3/9XiNoUDS9C4/story01.htm
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Falling US stockpiles hot money influx keeps oil above $108 a barrel
The Securities Exchange Board of India has been given legal permission to regulate any scheme involving the pooling of funds, similar to Ponzi schemes. The SEC India has been given search and seizure powers which will allow agents to seek any information in relation to suspect securities transactions. It will also be able to seize call data records and will be able to retain assets in ...
The Conjuring tops box office weekend chart with $41.5m
Warner Bros' horror movie 'The Conjuring' opened up at first place at US weekend box office with earnings amounting to 41.5-million-dollars, according to studio estimates. The Vera Farmiga, Lili Taylor, Patrick Wilson and Ron Livingston starrer displaced three-week box-office champ, 'Despicable Me 2,' which dropped to second place with 25-million-dollar-earning, the Sydney Morning Herald ...
GlaxoSmithKline in China bribe probe says some executives may have broken Chinese law
BEIJING -- Drug manufacturer GlaxoSmithKline, under investigation on suspicion its employees bribed Chinese doctors, said Monday some of its executives may have broken the law. The British company said its president for Asia-Pacific and emerging markets met with Chinese police officials who are investigating whether GSK employees bribed doctors and hospital administrators to prescribe its ...
Asian Stocks End Broadly Higher After Japan Elections
Asian stocks ended mostly higher on Monday, with regional sentiment boosted by hopes that Japan will move out of deflation after Prime Minister Shinzo Abe's ruling Liberal Democratic Party won a decisive victory in upper house elections. Most analysts said the election represents an endorsement of Abenomics, which was implemented by Abe since he took office in December last year. Chinese ...
Oil rally rekindles ?flash crash? fears
U.S. crude futures is growing after a four-week rally sent prices to 16-month highs and money managers amassed record bullish bets, defying an economic slowdown in China and the North American shale energy supply boom. WTI (West Texas Intermediate, the oil grade unpinning the U.S. crude futures benchmark) on Friday flipped to a slight premium over its Brent counterpart for the first time in ...
Earnings growth to drive equity markets Goldman Sachs
Earnings growth will be the main driver for global equity markets over the next year as the world economy picks up, the chief global equity strategist at Goldman Sachs told CNBC. Peter Oppenheimer ...
Vivendi to discuss Activision special dividend WSJ
ATVI.O ) video games division to pay a special dividend that would net the French group around $2 billion to help it cut its debt pile, the Wall Street Journal reported on ...
Mackay Take pride in your work not in yourself
Joe DiMaggio of the New York Yankees had a fierce pride about always doing his best. The Yankees were on the road for a doubleheader against the St. Louis Browns. The day was not only boiling hot, the Browns were also last place in the league. Despite this, DiMaggio made an offhand comment that he was looking forward to playing that ...
Japan voters give Abe coalition parliamentary heft adding to pressure to deliver on reforms
TOKYO -- After winning control of both houses of parliament, Prime Minister Shinzo Abe's government has the potential to be one of Japan's most influential and effective administrations in years. Abe devoted the first seven months of his premiership to convincing a public weary of revolving door prime ministers that he has the wherewithal to lead a revival in the world's No. 3 ...
United States does not have to resign itself to sluggish growth
Four years after the official end of the Great Recession, US economic growth remains lacklustre. But there is more at work here than simply the business cycle: strains in the labour market were apparent long before 2008. Today, labour-force participation is at a 34-year low, and the United States has 2m fewer jobs than it did when the recession began. Weak investment, demographic shifts, ...
GSK Admits China Execs Flouted Law Over Drugs
GlaxoSmithKline (GSK) has said that some of its executives in China appeared to have broken the law as part of a major bribery scandal that has ensnared the UK pharmaceutical firm. The company also said that new proposed changes to its operations would result in lower prices of its medicines in China. "Certain senior executives of GSK China, who know our systems well, appear to have ...
Asia stocks gain on Abe as yen to gold jump amid earnings
on Friday at 0.47%. - Yen Could Weaken as Abenomics Affirmed by Japanese Elections. Japanese Prime Minister Shinzo Abe's ruling coalition scored a decisive victory in an ...
After 3 years House Republicans still voting to repeal Obamacare but have no replacement
WASHINGTON -- Three years after campaigning on a vow to "repeal and replace" President Barack Obama's health care law, House Republicans have yet to advance an alternative for the system they have voted more than three dozen times to abolish in whole or in part. Officially, the effort is "in progress" -- and has been since Jan. 19, 2011, according to GOP.gov, a ...
NSA spying revelations prompt some ordinary citizens to rethink computing habits
In Louisiana, the wife of a former soldier is scaling back on Facebook posts and considering unfriending old acquaintances, worried an innocuous joke or long-lost associate might one day land her in a government probe. In California, a college student encrypts chats and emails, saying he's not planning anything sinister but shouldn't have to sweat snoopers. And in Canada, a lawyer is ...
UBS has reached an agreement in principle with US over mortgages Q2 profit up 62 percent
GENEVA -- Swiss banking giant UBS AG says it has reached "an agreement in principle" to settle a U.S. lawsuit over billions of dollars in mortgage bonds. The U.S. Federal Housing Finance Agency, which was created in July 2008, sued UBS and 17 other banks in 2011 over some $200 billion mortgage securities sold to Fannie Mae and Freddie Mac, two U.S. agencies that provide funding for ...
Diary - Weu Earnings Events - Part 3
*** TO SEE THE DATES BEFORE Aug 13- PLEASE CLICK ON TO SEE THE DATES BEFORE JUL 31- PLEASE CLICK ON TO SEE THE DATES AFTER AUG 26- PLEASE CLICK ...
Irish Budget 2014 Former IMF official says austerity should be put on ice
Irish Budget 2014: Former IMF official says austerity should be put on ice By Michael Hennigan, Finfacts founder and editor Jul 22, 2013 - 8:14 AM ...
Falling US stockpiles hot money influx keeps oil above $108 a barrel
BANGKOK -- Oil added to gains above $108 a barrel Monday, underpinned by three weeks of declining U.S. stockpiles and a rush of speculative money into the crude futures market. Benchmark crude for September delivery was up 34 cents to $108.21 a barrel at early afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The now expired August contract closed up 1 cent at ...
Famed Spanish restaurant Can Fabes to close another to succumb to the deep financial crisis
MADRID -- Spain's bitter financial crisis is eating away at the country's high-end restaurant scene, with the owners of another top establishment saying it will have to close at the end of August. A statement published on the website of the famed eatery outside Barcelona is blunt: "Can Fabes says goodbye." Can Fabes' closure is the latest in a small but growing list ...
Boot up Microsofts challenge Apples buys Amazons rejection and more
Apple 's recent purchase of crowdsourced location data company Locationary was part of a twofer mapping acquisition. The company also acquired online transit-navigation appmaker HopStop. HopStop's area of cartographic expertise: Mass transit directions, something Apple's mapping service doesn't currently ...
BA cancellation flying into turbulence trying to land an invoice
British Airways from London to Faro for my wife using my Halifax debit card. The flight was for the end of May but my debit card had an expiry date in January. Nothing on the BA website pointed out the significance of this, and my card was renewed in the normal way. Earlier this year my wife was discovered to be suffering from an aortic aneurysm and, after major surgery, was advised not to ...
From BTs Infinity to beyond repair
We are dealing with numerous complaints about Infinity and what seems to be a shortage of engineers to deal with problems. It is understandable that you are disappointed given that this "all-frills" service offers 24/7 telephone support as well as optional extras like TV and online storage. There was indeed a fault in the BT infinity roadside cabinet, but due to the G8 summit in your ...
Source: http://www.australiannews.net/index.php/sid/215979589/scat/3a8a80d6f705f8cc
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Sunday, July 21, 2013
DTE Energy: Crews working hard to restore power
Utility officials say crews have been working with help from neighboring states to restore power to customers in southeastern Michigan after severe storms.
As of 4:30 p.m. Sunday, DTE Energy says about 24,000 customers remain in the dark after the strong winds and rain moved through Friday afternoon and overnight.
Viewer images of Friday's storm damage.
Majority of the outages:
- Oakland County: 8,000
- Wayne County: 7,000
- Macomb County: 6,000
The remainder are scattered throughout southeast Michigan.
DTE Energy says about 145,000 customers lost power when the storms brought winds up to 45 mph. The utility says 90 percent of customers are expected to have their power back on by Sunday night. All available crews are working 16-hour shifts around the clock to restore service.?
DTE Energy says they understands how difficult it is to be without power, and they are asking customers to remain patience while repairs are made.
Customers are encouraged to call DTE Energy at (800) 477-4747 to report power outages or downed lines.
Customers can use the mobile website at dteenergy.com, or their iPhone or Android phone to report a power problem using the DTE Energy Outage Center app. The app is available free of charge from the Apple Store or Google Play.
Customers can report an outage, check on the status of an outage, and view our outage map, all from their smart phones.
Additional information on the current storm ? including our on-line Power Outage Map ? is available at www.dteenergy.com/outage.
Stay away from downed power lines and anything with which they come in contact, especially metal fences. Treat every downed power line as if it were energized
Source: http://feedproxy.google.com/~r/clickondetroit/local/~3/FCpG_avhtcE/index.html
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Miracle Of Medinah stuns rivals in Rose Bowl Stakes ? Horseracing ...
Miracle Of Medinah stuns rivals in Rose Bowl Stakes ? Horseracing news
Miracle Of Medinah shocked his rivals in the Rose Bowl Stakes - Sponsored by Compton Beauchamp Estates Ltd (Listed Race) at Newbury in England on Friday, July 19, 2013.
A total of five runners had been attracted towards the all important competition and the winning colt was the least favourite of them all. He was priced 33 to 1 by the bookies and the punters did not take much interest in gambling money on him. However, he came out with a stunning run, which silenced all of his critics.
Since the overall distance to cover was only six furlongs, it was important for all of the participants to start off quickly. Stamina was not going to come into play much, so all eyes were on the opening stages.
When the traps were opened, Miracle Of Medinah looked impressive right from that point. He was quick and did not look under any pressure at all because of the fact that he was not rated as the favourite to succeed. He continued improving his speed with the passage of time and came into a very strong position, entering the final furlong.
Although his rivals tried hard to match him, they were not good enough to come anywhere closer to him in the end, which allowed the young runner to win comfortably by a margin of almost four lengths.
The winning trainer Mark Usher said after the race, ?People like myself don't dare to think too much of our horses but he is obviously improving and loves this ground but he is very much a two-year-old and loves his racing for a little colt.?
He went onto say, ?I didn't put him in the Gimcrack this week but whether we go for the Richmond at Goodwood with the ground still fast I don't know. He cost 3,000gns and is in the Doncaster sales race at York which is big money on August 22, so that is most appealing but he could take in Goodwood as he takes his racing so well.?
This was the third consecutive victory for Miracle Of Medinah this year. He has now improved his strike rate further, going above 50 percent, which is quite an impressive thing.
Source: http://blogs.bettor.com/Miracle-Of-Medinah-stuns-rivals-in-Rose-Bowl-Stakes-Horseracing-news-a217737
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New El Paso Mayor Takes On List of Challenges
Newly elected El Paso Mayor Oscar Leeser in the El Paso City Hall, Jul. 16, 2013.
EL PASO ? When Oscar Leeser, an immigrant from across the border in Chihuahua, Mexico, was a boy here, he played football to help him assimilate into American culture.
Four decades later, Leeser, 55, is the new mayor of his adopted city, and he faces a challenge similar to the one he faced when he wore a helmet and cleats: moving forward to the goal line while navigating tricky obstacles.
And Leeser, who runs a car dealership, is doing so by stressing partnerships with local business groups and former adversaries on the campaign trail.
But the challenges are daunting. El Paso, the state?s sixth-largest city, lags behind Texas? average in household income and high school graduation rates. Twenty-five percent of its residents live below the poverty line, com- pared with 17 percent statewide.
El Paso has been divided over an effort to lure a Triple-A baseball team to a new stadium being built at the site of the former City Hall building, which the city demolished. The Mountain- Star Sports Group, a private company, is building the $64 million stadium, and it is being partially financed by the taxpayers.
Supporters of the plan said the project would modernize El Paso and revitalize its economy. But others criticized the City Council for not putting the matter before voters.
Leeser says that El Paso needs to stop dwelling on past conflict and move forward on the stadium and new initiatives to improve the city.
?I told people from the start that I didn?t like the process ? I would have never destroyed City Hall,? he said. ?But now we?re not looking backwards any longer because you cannot succeed in life by looking backwards. As the figurehead of the city, we need to make sure? the stadium is successful.
During his campaign, Leeser, who was elected last month, was accused of lacking a platform, and he was short on specifics during a recent interview in his office. But he pointed out that he had been in office less than a month, and said that he was still learning the intricacies of El Paso politics.
?One of our main focuses moving forward is economic development,? he said. ?We?ve been in office 20 days. The biggest thing we need to do is work with the city and make sure we have a good game plan moving forward, and we?re going to have a master plan.?
According to U.S. census data from 2007 to 2011, El Paso fell behind the state?s averages in the percentage of people with a high school education or higher, and in household income.
Asked how to eradicate such gaps and the poverty level, Leeser simply said that change would come with greater economic development and an emphasis on manufacturing.
Part of his outreach on that front is the newly created Borderplex Binational Economic Alliance, a merger between two economic coalitions ? the El Paso Regional Economic Development Corporation and Paso del Norte Group ? that was created in late 2012.
The alliance seeks to pool the economic potential of Ciudad Ju?rez, Mexico; southern New Mexico; and El Paso to develop projects and improve the quality of life for the region?s nearly 3 million people.
?I talked to the Borderplex when I was running for office and I said, ?Tell me the biggest thing people are competing for,?? said Leeser, who identifies himself as a Democrat. The response, he said, was manufacturing, and he added that the alliance would create both high-tech and low- skilled jobs.
A key figure in that merger is Rolando Pablos, the Borderplex alliance?s chief executive. He is a former member of the state?s Public Utility Commission and a member of the board of the His- panic Republicans of Texas political action committee. But he said that partisan politics would not help El Paso realize its full potential and that city leaders realized that.
?El Paso, Texas, is on the cusp of an economic renaissance,? Pablos said. ?As we get all of the negativity behind us, I only see a bright future. This is all about economic development.?
Leeser is also looking to establish a strong bond with U.S. Rep. Beto O?Rourke, a Democrat who supported Leeser?s opponent and was a key member of El Paso?s progressive city leader ship until his election to Congress last year.
O?Rourke said the new mayor could count on his support. He acknowledged that during his time on the City Council, he and his colleagues were so dedicated to getting things moving that they may have neglected to clearly voice their goals.
?Many of us had grown up in an El Paso that seemed comfortable with mediocrity,? he said. ?And I think, partly, our campaigns and our time in office was to become, as a community, much more ambitious. We moved a lot of things and didn?t always do the best job of communicating why we were doing something or how this played in.?
Leeser also takes the reins in the Sun City after it garnered national attention for the former leadership?s stance on socially sensitive issues.
The City Council was mired in controversy in 2011 after overturning a city ordinance that rejected benefits for the partners of unmarried city employees, including those in same-sex couples.
Leeser said he would not be the death knell for progressive growth in El Paso. But he did say he believed social issues should be left up to the individual.
?It?s not for me in life to tell people how to live their life behind the closed doors,? he said. ?It?s for me to treat people equally and respect everybody.?
Anna L. Perez, an El Paso transplant who spoke during public comments at last week?s City Council meeting, said she saw a new direction for the city, but only if elected officials were courageous enough to speak out.
?The hopes that I have is for transparency, that they ask for specific details,? Perez said. ?The past council simply gave their own power away. This is what the voters wanted was change, and this is what the new council appears to have ? the citizens at large, at heart.?
Texas Tribune donors or members may be quoted or mentioned in our stories, or may be the subject of them. For a complete list of contributors, click here.
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Saturday, July 20, 2013
Sony reportedly close to releasing a high-end camera attachment for smartphones
According to Sony Alpha Rumors, Sony is planning a "lens camera" accessory for mobile devices. The lens camera features the same 1-Inch 20.2-megapixel Exmor R sensor and f/1.8 Carl Zeiss lens as the Sony RX100 II. Sony Alpha Rumors cites "two trusted sources" confirming the lens-camera-hybrid will have a built-in battery, NFC, and Wi-Fi. It'll be able to pair with (and mount onto) a number of smartphones, which will then act as a "live view" screen for the camera.
As incredibly unlikely as it seems, Sony Alpha Rumors is adamant that this is a real product that will be released soon. The site says the rumor has a "6" level of certainty ? its rumor scale usually tops out at 5. The lens camera detailed above will apparently be part of a range of screenless cameras ? a future product will feature a smaller sensor and larger zoom.
Source: http://www.theverge.com/2013/7/19/4537632/sony-wireless-camera-lens-for-smartphones-rumor
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Will contempt order melt DQ's resolve not to pay? ? Business ...
Back in December 2011, the operator of a Dairy Queen restaurant in Winston-Salem?s Hanes Mall agreed to settle an EEOC lawsuit involving a teen worker who claimed she was retaliated against for complaining about sexual harassment. The deal called for YS&J Enterprises to pay $17,500 to the teenager and train its managers and supervisors how to spot and stop harassment and retaliation.
A year and a half later, none of those things has happened?no pay to the teen, no training?and the EEOC has decided to up the ante. It filed a civil contempt motion in an attempt to force compliance. A federal judge agreed and ordered a $1,000 per day penalty until the employer honors the settlement agreement?s terms.
Note: Always ask your attorney about your rights and obligations when signing any agreement.
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Royal baby: Prince William gets paternity leave like all UK dads
Royal baby father Prince William will get two weeks of paternity leave. All UK dads since 2003 go on leave, but some say two weeks isn't enough for the royal baby's father, or anyone's father for that matter.?
Royal baby: Prince William, seen here in December with wife Kate Middleton, is getting paternity leave; a whole two weeks.
AP/Alastair Grant, File
EnlargeHe may be royal, but when it comes to paternity leave Prince William is in the same boat as everyone else. Like thousands of other new fathers in Britain, he will get two weeks off when his child is born.
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Along with British society, the royal family has been gradually modernizing its attitudes to birth and parenting. William's father, Prince Charles, was present at the birth of his two sons, who were born in a hospital rather than a palace ? both breaks from royal tradition. But William is the first senior royal to receive?statutory paternity leave, which was introduced in Britain in 2003.
Some family campaigners say William, a Royal Air Force search-and-rescue helicopter pilot, is setting a good example in a country where until recently new fathers have taken little time off.
But others say two weeks is not enough, and argue social and economic pressures still discourage fathers from spending time looking after their newborns.
"There is an element that employers ? and men themselves ? are thinking of them as the ones who earn the money and stick in that role when children come along," said Jeremy Davies of the Fatherhood Institute think tank. "It can be quite difficult to set yourself apart from that."
Under British law, William is entitled to two weeks off at a flat pay rate of just under 137 pounds ($206) a week. He's lucky ? the military is among employers that pay more, and he will receive his full salary for the fortnight.
The government says two-thirds of new fathers take some paternity leave, but less than half take the full two weeks. Some are ineligible because they are self-employed or haven't been at a job for at least six months. Others just can't afford it.
Mothers, who receive the bulk of parental leave, can take up to a year off, though only 39 weeks of it is paid, and not at full salary.
The rules are changing. Under recent changes, new fathers can take up to six months leave by using up some of the year of a partner who has returned to work.
But few do. Elizabeth Gardiner of campaign group Working Families said that in the first year the flexible leave was offered, only 1,650 men in Britain took it.
She said the solution is to set aside some time off for fathers only ? a practice in Scandinavia known as "daddy months."
"If you really want fathers to take up leave you have to earmark it for them and you have to pay it properly," she said.
That's what they do in Sweden, where new parents can take 16 months' paid leave, divided between the parents as they like. Two months can only be taken by the mother and two months by the father ? if not, the time cannot be transferred to the partner and is forfeited.
As an incentive, it works ? In 2000, Swedish men took out only 12.4 percent of parental leave; by 2010 their share had nearly doubled to 23.1 percent, according to government statistics.
At the other end of the scale is the United States, where there is no government-subsidized nationwide paid paternity leave, though some companies and a few states including California offer it. Many companies and the public sector offer unpaid leave to new fathers.
Britain is moving to offer fathers more time. Under legislation currently before Parliament, from 2015 parents will be able to split the 50 weeks of paid leave as they like.
Changing attitudes may be harder than changing the law. A recent study by the Rotman School of Management at the University of Toronto found that men who take on caregiving duties at home receive more abuse at work than men who stick to conventional gender roles.
"It was a pretty powerful result," said Jennifer Berdahl, professor of organizational behavior at the Rotman School. "Men who did relatively more caregiving at home experienced a lot more 'not man enough' harassment and teasing that threatens their status in the workplace."
Prime Minister David Cameron took two weeks' leave when his daughter Florence was born in 2010, and it drew comment ? some approving, some critical of a national leader stepping back for 14 days to look after a baby.
Jeremy Davies of the Fatherhood Institute said William was setting a good example ? up to a point.
"What would be fantastic would be to see Prince William to take some time where he was the primary carer at some time during the first year," Davies said. "That's the stuff that leads to a really strong relationship with the child."
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Friday, July 19, 2013
AuthenTec patent revealed by USPTO shows fingerprint scanner could be in the Apple iPhone display
Despite Apple's purchase of AuthenTec almost a year ago, there are many who believe that we will never see a fingerprint sensor on the Apple iPhone. This year though, there are too many smoke signals indicating that the long rumored feature might actually be found in the next iteration of Apple's iconic smartphone.
source: USPTO via AppleInsider
The fingerprint scanner isn't looked at as a toy or a gimmick. Apple plans on using it as a way to help make it easier and more secure to send mobile payments. So when the Chief Information Security Officer at PayPal says that there will be multiple phones out this year with fingerprint readers, and points out the speculation involving Apple, you have to consider a fingerprint scanner to be a strong possibility for the next iPhone.
Add to that the Thursday morning release by the USPTO. The agency published an application made by AuthenTec that was assigned over to Apple. The patent details a technology that can fit inside an iPhone and can also read a fingerprint from a longer distance than other methods. While current rumors suggest that the scanner would be placed inside the phone's home button, the patent application shows the scanner being placed inside the display.
The application, titled "Finger sensor having pixel sensing circuitry for coupling electrodes and pixel sensing traces and related methods," names the inventor as being AuthenTec co-founder Dale R. Setlak. The complex process uses different metallization layers and a method for measuring electrical flux (no, not a flux capacitor!). When not being used to scan a fingerprint, the technology used for the feature helps the touchscreen do its thing.
We could see a fingerprint sensor eventually replace passwords and PINs. But before that happens, it will have to face real world usage to see how well it will work out of the lab.
AuthenTec fingerprint scanner patent assigned to Apple Fullscreen
source: USPTO via AppleInsider
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SPORTS: Thinking of home; Indiana's just ahead
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The 75-mile time trial into Wichita, Kan., that seemed like an easy ride quickly turned left into oncoming headwinds and crosswinds, slowing our speed significantly and lasting nearly the entire trip.
As soon as it seemed that our pace line and the one directly in front of us were going to make rack point, which was 60 miles one hour before we were scheduled to arrive at our friendship visit, we were pulled over by one??????? of our vans.
We were told a turn that should have been marked about 7 miles behind us wasn?t and that we would have to rack our bikes and be driven back. The six of us all became frustrated once we realized we would no longer be able to make rack point and finish the ride. We were driven about 3 miles past rack point to a point where we would be able to finish in time, but a large downpour had started.
This story appears in the print edition of The Tribune. Subscribers can read the entire story online by signing in here or in our e-Edition by clicking here.
Source: http://www.tribtown.com/view/local_story/Thinking-of-home-Indiana-s-jus_1374204773
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Clemson player named on NCAA lawsuit
Six college football players have been added as plaintiffs to a high-profile lawsuit that claims the NCAA owes billions of dollars to former players for allowing their likenesses to be used without compensation.
The players are: Vanderbilt linebacker Chase Garnham; Clemson cornerback Darius Robinson; linebacker Jake Fischer and kicker Jake Smith from Arizona; and tight end Moses Alipate and wide receiver Victor Keise of Minnesota.
Former UCLA basketball star Ed O'Bannon is the lead plaintiff in the long-running legal battle that could fundamentally alter how the NCAA operates.
A federal judge in Oakland, Calif., on July 5 allowed the attorneys to update their lawsuit to fix legal technicalities, including adding at least one active player to the lawsuit.
The judge is still mulling whether to turn the lawsuit into a class action.
Earlier this week the NCAA announced it will no longer allow Electronic Arts Inc. to use its logo and name in video games.
In the announcement NCAA said it will not enter into a new contract with EA Sports, and NCAA Football 2014 will be the last edition of the popular game.
The move comes as the NCAA fights a lawsuit that demands the NCAA find a way to cut players in on the billions of dollars earned from live broadcasts, memorabilia sales, video games and in other areas.
The NCAA said in a statement it is confident in its legal position regarding the use of trademarks in video games, but ?we determined participating in this game is not in the best interests of the NCAA.?
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Thursday, July 18, 2013
Apple May Delay the New iPhone Because of a Change in Screen Size
Bloomberg is reporting, citing Taiwanese newspaper Commercial Times, that Apple may delay the next iPhone?after it allegedly decided to tweak its design to feature a bigger 4.3-inch retina display screen.
Source: http://gizmodo.com/apple-may-delay-the-new-iphone-because-of-a-change-in-s-811005941
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Microsoft OneNote 2010- Essentials
Description
Learn how to use Microsoft OneNote to gather, edit and organize information. Find out how to create notebooks and access them from home or the office. Discover how to capture screenshots and text. Find out how to insert documents, images, audio files, and shapes. Create hyperlinks between notes and learn how to share notebooks. Learn how to print and save notes as Word documents or PDF files. To register visit http://EODinfo.tamu.edu/ and select Course Schedule.
Contact
Employee & Organizational Development
845-4153
Additional Information
This is a one-day course (7/18) from 8:30-11:30am. To register, go to Employee & Organizational Development?s website at http://EODinfo.tamu.edu/ and select Course Schedule.
Source: http://feedproxy.google.com/~r/tamuEventHeadlines/~3/FbCreYs0ClM/
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Stocks eke out gains after Fed vows to keep ?stimulus
stocks 
15 hours ago
Stocks squeezed out modest gains in choppy trading Wednesday, following comments from Fed Chairman Ben Bernanke that monetary policy supporting the markets will remain in place even while the central bank could start to scale back its bond buying later this year.
The Dow Jones Industrial Average finished 18 points higher. Bank of America led the gainers and Caterpillar slumped to lead the Dow laggards.
The S&P 500 and the Nasdaq also closed modestly higher. Both indexes had finished lower for the first time in nine sessions on Tuesday. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 14.
(Read More: Thanks to QE, bubbleof 2000 looks like 'day at beach')
The markets had initially risen sharply on Wednesday after Bernanke reiterated the central bank's plan to start paring back its bond-purchase program later this year, but said that could change if the economic outlook shifted.
"Our asset purchases depend on economic and financial developments, but they are by no means on a preset course," Bernanke said in prepared remarks to the U.S. House of Representatives Financial Services Committee.
The Federal Reserve chief said the pace of asset purchases could be reduced "somewhat more quickly" if economic conditions were to improve faster than expected. On the other hand, the current $85 billion monthly pace "could be maintained for longer" if the labor market outlook darkened, or inflation did not look like it was rising back toward the Fed's 2 percent goal.
Meanwhile, the U.S. economy continued to grow at a modest to moderate pace in June and early July, with manufacturing expanding in most areas of the country, according to the Federal Reserve's Beige Book report.
(Read more:Fed's Bernanke Gets What He Wants: A Big Yawn)
The Fed's stimulus policies have buoyed the markets and Bernanke's words on Wednesday appeared to cheer investors.
"U.S. equities have recouped their spring swoon as a litany of Fed governors' pronouncements have on balance calmed fears QE tapering might begin before the U.S. recovery is strong enough to handle it," said Alec Young, global equity strategist at S&P Capital IQ.
This more dovish Fed perception, coupled with a recent softening in economic news flow, has hit bond yields and the greenback, Young noted. "Turning back to the U.S., second-quarter beats will now need to take the lead in fueling stocks, as we think a more dovish Fed is now priced into a very overbought market."
Most key S&P sectors remained in positive territory, led by materials, while utilities turned lower.
On the economic front, housing starts tumbled 9.9 percent in June to a seasonally adjusted annual rate of 836,000 units, according to the Commerce Department, the lowest level since last August. Economists polled by Reuters had expected groundbreaking to rise to a 959,000-unit rate last month.
Mortgage applications fell last week, due to a decline in demand for refinancing loans as mortgage interest rates remained at a two-year high, according to the Mortgage Bankers Association.
Among earnings, Bank of America climbed after the financial giant posted a 70 percent jump in earnings, thanks to lower operating expenses.
(Read More:Enjoy it while it lasts: Bank earnings face trouble)
Analysts expect S&P 500 companies' second-quarter earnings to have grown 3 percent from a year earlier, with revenue up 1.5 percent, according to the latest data from Thomson Reuters.
? 2013 CNBC LLC. All Rights Reserved
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Wednesday, July 17, 2013
142nd Open Golf Championship
July 18-21, 2013
Muirfield Golf Links -
East Lothian
- Par: 71?
- Yardage: 7192?
- Purse: $8,000,000
- Champion: Ernie Els (D)
Source: http://www.golfchannel.com/tours/ra/2013/142nd-open-golf-championship/
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U.S. FDA cancels advisory committee on Merck's drug sugammadex
(Reuters) - The U.S. Food and Drug Administration canceled an advisory committee meeting set for Thursday to discuss Merck & Co's sugammadex, a drug designed to reverse the effects of muscle-relaxants used during surgery.
The FDA declined to say why the meeting had been canceled, referring questions to Merck. A spokeswoman for Merck did not immediately return a phone call or email seeking comment.
Sugammadex is the first in a new class of drugs, known as selective relaxant binding agents, that are designed to reverse the effects of the muscle-relaxants rocuronium and vecuronium.
Merck acquired sugammadex when it bought Schering-Plough for $41 billion in 2009.
(Reporting by Toni Clarke in Washington; Editing by Gerald E. McCormick)
Source: http://news.yahoo.com/u-fda-cancels-advisory-committee-mercks-drug-sugammadex-155532552.html
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Auto Insurance coverage Tips | governorelectchafee.org
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Useful Links For Authors Author Guidelines Article Writing Tips Why Submit Articles HomeFinance ArticlesInsurance ArticlesAuto Insurance TipsAuto Insurance Tips By Aonghus O Domhnaill on October 23, 2010 0
Auto insurance can be a very expensive payment and although the price is dependent on several factors, including the company and the type of vehicle, Most times people pay more simply because they did not do adequate research. Here are some essential auto insurance tips that can help you find the most affordable yet effective options on the market.
The first tip is to get a quote. Look for a list of insurance companies online or in the yellow pages and make a few calls. You can also visit the necessary sites, fill out the required information and obtain a free quote. An important auto insurance tip is to ask questions regarding the types of coverage that can be deleted from the quote to lower the price. These auto insurance tips low auto policy deals include omitting services such as medical payments, towing, high risk drivers and roadside assistant from the policy.
Make sure to ask each company about the discounts that they offer such as multiple policy discounts, homeowners discount, prior coverage or student discount. Try to take advantage of whichever deal apply to you as it can save a bundle in insurance cost. Make sure to ask all the companies that you contact about their deals and compare them to see which ones are cheaper and can still adequately provide the coverage that you need.
One of the greatest tips is that you can pay a lot less for your insurance by simply making a few modifications to the current policy. You can also add devices to the vehicle that can lower the insurance cost. Geico, one of the most popular insurance companies on the market offers a lower cost for vehicles that are equipped with an electronic key that cuts off the ignition at opportune times.
Other anti theft devices such as anti- lock brakes and other safety features can be very beneficial in acquiring a low rate. Remember to keep these auto insurance tips in mind when trying to find insurance deals.
For more great tips please go to Tips On Buying A Car
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Understanding Ins Guide For The Most Common Types Of Policies
Auto insurance covers damages caused by vehicle accidents. Liability insurance policies cover Low Auto Policy Deals http://cheapautoinsurancenow.net any damage caused by the insured, while comprehensive and collision policies cover damages to the insured person?s vehicle.
Written by: Martin Mallett
Be Sure To Get Auto Insurance For Your Car
Following these tips will help you locate affordable auto insurance. There are several things that insurance companies factor in when they?re deciding rates.
Written by: Chaitanya Kothiya
Is it Really Possible to Get High Risk Auto Insurance?
How will a driver with a previous bad driving record get high risk auto insurance coverage? These days, there are lots of people with a not so stellar driving record; the good news is they can still be allowed to drive a car after a series of legalese.
Written by: Cullen Nedrich
Easy Application And Renewal of Car Insurance Policies
A desirable car insurance policy can be easily purchased from a reliable insurance company at affordable cost. No matter what brand car you own, insuring it the day when you purchase it is the need of the hour.
Written by: Nidhi Varma
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