Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/287352005?client_source=feed&format=rss
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Tuesday, February 26, 2013
Column: No big compromises? Blame party power
WASHINGTON (AP) -- These days, it sounds like an improbable fairy tale: politicians with deeply differing visions of America setting aside disagreements to reach a grand compromise on a critical issue.
That's exactly what happened in 1790, when the Founding Fathers overlooked their parochial interests ? and defied their staunchest backers ? by agreeing, for the good of the fledgling union, to put America's capital in a neutral place along the Potomac River.
Would the same outcome happen today? Fat chance.
In this polarized and partisan era, Washington careens from one crisis to the next even as the country faces huge problems that threaten its standing in the world. With power divided on Capitol Hill, bipartisan solutions are necessary. And yet, while both Democrats and Republicans talk a lot about compromise ? a cross-the-aisle, solutions-driven approach ? few seem willing to give ground to fix what ails the nation.
The latest example is the stalemate over deep budget cuts set to take effect Friday, absent a bipartisan deal. The cuts likely will inconvenience average Americans and may slow the nation's fragile economic recovery. Both sides are dug in on their ideological positions. President Barack Obama and his Democrats want more tax increases, while Republicans demand more spending cuts.
This is the fifth fiscal standoff since this period of divided government began in 2011, when Republicans took over the House while Democrats continued to control the Senate. In the other cases, both sides reached mini-deals to avert immediate crisis ? only to ignore the larger issues. Skyrocketing debt and persistent deficits. Rampant waste, fraud and abuse. Budget-busting Social Security and Medicare programs.
Why does Washington get so caught up this cycle of panic ? whether manufactured or real ? only to ultimately put a Band-Aid on the country's biggest gushers without ever mending the underlying wounds?
Politicians have little incentive to take the risk of working with the opposing party to reach solutions that will fundamentally fix a problem. They operate in a system that makes it hard to roll the dice because they're putting their own jobs on the line. Robust Republican and Democratic parties ? and their conservative and liberal activists, whose voices drown out the centrist Americans seeking remedies ? usually rebuke them rather than reward them.
"Rebels, risk takers and creative thinkers are marginalized early and are seldom promoted up the ladder of local/state/national politics," says David A. Drupa of the Society for Risk Analysis.
These days, he says, politicians seem to be allowing the short-term benefit for themselves ? winning re-election ? drive their decision-making, without getting far enough along in their return-on-investment analysis to examine the long-term benefit for the nation.
"They're trying to win the next battle, the next matchup, the next race, at all our peril," Drupa says.
Both parties promise to use their bank accounts to protect lawmakers who stick with their ideological positions, and punish those who don't. Deep-pocketed groups on the far right and far left also go after those deemed unfaithful.
At the same time, party leaders have proven extraordinarily successful in drawing congressional boundaries in a way that actually discourages House members from collaborating and all but ensures their re-elections if they don't. Most districts are stocked with hard-core Republicans and Democrats who typically will vote for lawmakers only if they demonstrate consistent party loyalty.
So the easy thing for lawmakers to do is just that. It's much harder to meet in the middle.
Thus, when Washington's players do end up compromising on the meaty matters, it's usually in a piecemeal way that kicks the larger problems to future generations. Those who dare to try to solve the big problems typically find they lack the juice, lose re-election or get so fed up with the gridlock that they retire.
All this is precisely what George Washington worried would happen if the country devolved into factions.
"He thought political parties would tear up the union and it wouldn't survive," says Willard Sterne Randall, a biographer and historian who has written several books on the Founding Fathers.
The first president's fear of factionalism was so great that he decided on a second term as Alexander Hamilton and Thomas Jefferson, whose political bases were businessmen and farmers, respectively, battled over competing visions for the union.
Yet while they differed, they also compromised when necessary ? as they did during the "Dinner Table Bargain" that resulted in Washington becoming the nation's capital instead of New York, Philadelphia or elsewhere.
"They weren't at each other's throats politically. They could get together on a major issue," Randall says. "They wanted the union to survive, so they compromised where they had to for the good of it. That's the kind of tone there was. They were pragmatic idealists, and in Congress now, they are ideologues."
So how do we get back to those more reasonable roots?
The Democratic and Republican parties are strong, and they probably won't face serious threats from third parties in the near future. They certainly won't eliminate gerrymandering unless voters force it.
So maybe it's time for something radical, or at least radically reasonable. Maybe this is the moment for a few of the frustrated Americans in the middle ? many of whom reject the extremes, complain about stalemate and fear for the nation's future ? to take a risk.
What if they stepped forward as candidates with a promise that they'll do only what they think will solve the country's big problems, regardless of what it could mean for their political careers? What if they rejected the strict adherence to orthodoxy that party bosses demand? What if they promised to only serve one term, choosing explicitly to put the country's future over their own?
And then, by not going to Congress primarily to get re-elected, they just might end up with a surprising reward: getting re-elected.
Wouldn't the country ? not to mention this supposedly neutral city on the banks of the Potomac ? be better for it?
___
EDITOR'S NOTE ? Liz Sidoti is the national politics editor for The Associated Press. Follow her on Twitter: http://twitter.com/lsidoti
Source: http://news.yahoo.com/column-no-big-compromises-blame-134634051.html
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Friday, February 22, 2013
Thugs face jail for baseball bat and stabbing attack on soldier
The seven-strong mob used a baseball bat, a knife and a bottle as terrible injuries were inflicted on Alfred Kyei-Baffour outside Guildhall in the City.
Ghanaian Mr Kyei-Baffour, who is in the British Army, was stabbed three times, suffering wounds to his bowel and liver. Royal London Hospital surgeons saved his life and he has since returned to active duty. Six men and a woman were expected to be jailed in connection with the attack in the early hours of July 15 last year.
Mr Kyei-Baffour was on leave and had been out drinking with three friends, the Old Bailey heard. His group tried to chat up some women outside the Cape Bar opposite Wood Street police station, one of whom was Jasmine Nassif, 21, girlfriend of 22-year-old Ismail Francis.
Prosecutor Christopher Hehir said that as Francis made it clear he did not like the group talking to his girlfriend, five other men became involved and police intervened and moved people along.
The soldier and his friends went back to their BMW but as they drove off they passed Francis and Nassif getting into their Vauxhall Astra. Words and gestures were exchanged and Mr Kyei-Baffour and his friends got out of their car, the court heard. The other men involved in the initial exchange stopped the two cabs they were riding in so they could join the attack.
Nassif took a baseball bat from the Astra boot and handed it to Francis who used it to attack Mr Kyei-Baffour and his friends, the court heard. Nassif was also seen hurling a bottle from the boot.
Mr Kyei-Baffour, who was stabbed early in the attack, was also hit with the baseball bat by Colin Mbagwu, 27, as he got back into his car.
The two minicabs from Addison Lee waited as the violence unfolded in Gresham Street. One of the drivers was told to leave and when he refused he was asked: ?Do you want to get stabbed too??
The soldier?s car was stopped by police and he was taken to hospital.? Francis was seen doing a "celebratory jig? with Marlon Brown, one of his group, the Old Bailey heard.
City of London police worked with the Met?s Haringey gangs unit in identifying the suspects.
City of London Police Commander Wayne Chance said: ?We will not tolerate this kind of violent behaviour.
?Anyone coming to the City of London with the intention of being violent should know that they will be dealt with so that those wishing to enjoy the vibrant nightlife in the City can do so without fear.?
Six men admitted violent disorder at an earlier hearing. They are: Francis, of Enfield; Brown, 27, of Tottenham; Mbagwu, of Hornsey; Rowan Lopez, 25, of Muswell Hill; Leonel Streete, 23, of Wood Green, and Riquel Peterson, 24, of Holloway. Nassif, of Enfield, was found guilty of the same charge at the Old Bailey this month.
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Iran move to speed up nuclear program troubles West
VIENNA (Reuters) - Iran has begun installing advanced centrifuges at its main uranium enrichment plant, the U.N. nuclear watchdog said on Thursday, a defiant step that will worry Western powers ahead of a resumption of talks with Tehran next week.
In a confidential report, the International Atomic Energy Agency (IAEA) said 180 so-called IR-2m centrifuges and empty centrifuge casings had been put in place at the facility near the town of Natanz in central Iran. They were not yet operating.
If launched successfully, such machines could enable Iran to speed up significantly its accumulation of material that the West fears could be used to devise a nuclear weapon. Iran says it is refining uranium only for peaceful energy purposes.
Iran's installation of new-generation centrifuges would be "yet another provocative step," U.S. State Department spokeswoman Victoria Nuland said in Washington.
White House spokesman Jay Carney warned Iran that it would face further pressure and isolation if it failed to address international concerns about its nuclear program in the February 26 talks with world powers in the Kazakh city of Almaty.
Britain's Foreign Office said the IAEA's finding was of "serious concern". Israeli Prime Minister Benjamin Netanyahu's office said the report "proves that Iran continues to advance swiftly towards the red line" that he laid down last year.
Netanyahu, who has strongly hinted at possible military action if sanctions and diplomacy fail to halt Iran's nuclear drive, told the United Nations in September Iran must not be allowed to amass enough higher-enriched uranium to make even a single warhead.
Iran denies Western accusations that it is seeking to develop a capability to make atomic bombs. Tehran says it is Israel's assumed nuclear arsenal that threatens peace.
Iran's envoy to the IAEA, Ali Asghar Soltanieh, told Iranian media the U.N. agency's report showed "no evidence of diversion of material and nuclear activities towards military purposes."
U.S. lawmakers meanwhile are crafting a bill designed to stop the European Central Bank from handling business from the Iranian government, a U.S. congressional aide said on Thursday, in an attempt to keep Tehran from using euros to develop its nuclear program.
In the early stages of drafting, it would target the ECB's cross-border payment system and impose U.S. economic penalties on entities that use the European Central Bank to do business with Iran's government, the aide said on condition of anonymity.
The aide disclosed the new push for sanctions ahead of fresh talks on Tuesday in which major powers hope to persuade the Iranian government to rein in its atomic activities, which the West suspects may be a cover to develop a bomb capability.
RISING WESTERN PRESSURE
It was not clear how many of the new centrifuges Iran aims to install at Natanz, which is designed for tens of thousands.
An IAEA note informing member states late last month about Iran's plans implied that it could be up to 3,000 or so.
Iran has for years been trying to develop centrifuges more efficient than the erratic 1970s IR-1 model it now uses, but their introduction for full-scale production has been dogged by delays and technical hurdles, experts and diplomats say.
The deployment of the new centrifuges underlines Iran's continued refusal to bow to Western pressure to curb its nuclear program, and may further complicate efforts to resolve the dispute diplomatically, without a spiral into Middle East war.
Iran has also started testing two new centrifuge types, the IR-6 and IR-6s, at a research and development facility, the IAEA report said. Centrifuges spin at supersonic speed to increase the ratio of the fissile isotope in uranium.
In a more encouraging sign for the powers, however, the IAEA report said Iran in December resumed converting some of its uranium refined to a fissile concentration of 20 percent to oxide powder for the production of reactor fuel.
That helped restrain the growth of Iran's higher-grade uranium stockpile since the previous report in November, a development that could buy more time for diplomacy.
The report said Iran had increased to 167 kg (367 pounds) its stockpile of 20 percent uranium - a level it says it needs to make fuel for a Tehran research reactor but which also takes it much closer to weapons-grade material if processed further.
NEW OFFER TO IRAN
One diplomat familiar with the report said this represented a rise of about 18-19 kg since November, a notable slowdown from the previous three-month period when the stockpile jumped by nearly 50 percent after Iran halted conversion.
Israel last year gave a rough deadline of mid-2013 as the date by which Tehran could have enough higher-grade uranium to produce a single atomic bomb if processed further. Experts say about 240-250 kg of 20 percent enriched uranium would be needed.
But a resumption of conversion, experts say, means the Israeli "red line" for action could be postponed.
Refined uranium can fuel nuclear energy plants, which is Iran's stated aim, or provide the core of an atomic bomb, which the United States and Israel suspect may be its ultimate goal.
Next week's talks between the six powers and Iran to try again to break the impasse in the decade-old dispute are their first since mid-2012, but analysts expect no real progress toward defusing suspicions that Iran is seeking atomic bomb capability.
The United States, Russia, China, France, Britain and Germany - a group known as the P5+1 - want Iran to halt 20 percent enrichment and shut the Fordow underground plant where this takes place.
Iran wants them to recognize what it regards as its right to refine uranium for peaceful purpose and to relax increasingly strict sanctions battering its oil-dependent economy.
The powers plan to offer to ease sanctions that bar trade in gold and other precious metals with Iran in return for Iranian steps to shut down the nation's newly expanded Fordow uranium enrichment plant, Western officials told Reuters on Friday.
A U.S. official said the United States was ready to meet bilaterally with Iran in Almaty, something he said Tehran had not agreed to since 2009, when Iranian officials initially appeared to accept a deal on curbing the nuclear program and then backed away.
"You've heard us say repeatedly we are open to meeting bilaterally within the context of P5+1," said the official, speaking on condition of anonymity. "I fully expect we'll be ready to meet them bilaterally if they are willing. We'll see in Almaty."
In Paris, deputy foreign ministry spokesman Vincent Floreani said the powers were ready to make a new offer to Iran with "significant new elements" and that they hoped Tehran would engage seriously in the negotiations.
Iran has suggested that shutting down Fordow in exchange for a lifting of gold sanctions would not be acceptable.L6N0BI4A3]
(Additional reporting by John Irish in Paris,; Zahra Hosseinian in Zurich,; Rachelle Younglai, Arshad Mohammed and Matt Spetalnick in Washington and Paul Carrel in Frankfurt; Editing by Roger Atwood and David Brunnstrom)
Source: http://news.yahoo.com/iran-move-speed-nuclear-program-troubles-west-003949850.html
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Thursday, February 21, 2013
Hawaii to suffer most as global seas rise -- study
NASA
The Hawaiian Islands, seen from space, are the most vulnerable to uneven global sea level rise due to melting glaciers and ice sheets.
By John Roach, Contributing Writer, NBC News
Melting ice in Greenland, Antarctica and elsewhere will push up seas unevenly around the world, according to a new study that finds some of the highest waters will inundate Honolulu, Hawaii.?
At the poles, sea levels will actually fall because of the way sea, land and ice interact. For example, the sheer mass of water held in ice in Greenland and Antarctica generates a gravitational field that pulls in the surrounding water. As ice there melts, the gravitational pull weakens and the water is redistributed.
In addition, the melting ice on Antarctica and Greenland will lighten the load on the land beneath it, allowing the land to rebound up and the seafloor to drop a corresponding amount.
"Meaning that as the seafloor deepens, there is another component of sea-level fall, ironically, around these piles of ice," Charles Fletcher, a geologist at the University of Hawaii at Manoa, explained to NBC News.
Fletcher was not involved in the new study but is familiar with its findings, particularly the vulnerabilities of Hawaii ? and, more broadly, tropical islands in the Pacific Ocean ? to global sea-level rise.?
Modelling glacier wastage
The research was co-led by Giorgio Spada, a professor of Earth physics at the University of Urbino in Italy. It is "the first study to examine a regional pattern of sea-level changes using sophisticated model predictions of the wastage of glaciers and ice sheets over the next century," he told NBC News via email.
He and colleagues used the model to investigate sea level under two future scenarios of sea-level rise: a mid-range, likely-to-happen one and one closer to the upper limit of what?s plausible. Under both, maximum sea-level rise is expected at Honolulu, the researchers reported Feb. 13 in the journal Geophysical Research Letters.?
In the mid-range scenario, worst-affected equatorial oceans could see as much as two feet of sea-level rise, when the fact that water expands as it warms is taken into account. Under the high end, the rate of sea-level change in Honolulu will exceed 0.3 inches a year during the second half of this century.?
Sea-level rise will also be greater than average in Western Australia and throughout the atolls and islands in the tropical Pacific Ocean. In Europe, sea levels will rise, but will likely be lower than the global average given the continent?s proximity to Greenland and the dropping sea levels there.
Incomplete picture
But the picture is far from complete, cautioned Fletcher.
"What this paper and other models have not been able to do because, ultimately, it is too chaotic, is to predict what the winds will be doing," he explained.?
For example, enhanced trade winds associated with a phenomenon called the Pacific Decadal Oscillation are pushing the Pacific Ocean surface westward. As a result, annual sea-level rise in Hawaii is currently about half the global average rate of about 0.1 inch a year, while in the western Pacific the rate is more than 0.3 inch a year.
This may, or may not, change with the next phase of the oscillation, noted Fletcher, whose own research recently highlighted how groundwater beneath land rises with sea levels and could breach the surface, causing severe flooding in places such as Honolulu.
"Overall, the (new) paper is one more twig in the bundle of concerns that low-lying coastal cities, and especially Pacific islands, are highly vulnerable to this problem of sea-level rise," he said, adding that "these Pacific islands have contributed almost nothing to the problem of global warming."
Related stories:
John Roach is a contributing writer for NBC News. To learn more about him, check out his website.?
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Hitachi Power Tools Stanley tool bag ? Hellofor facebook profiles ...
Like pocketknife, one can fold the makita tool bag blade of this saw. However, these hand saws are especially designed for cutting cordless drills softer metals like copper. It helps the users when they insert snapped blades or have to control the stroke length. These hand tools are majorly used by jewelers, roofers bench grinder and plumbers for various cutting purposes. It is quite tool chest easy to adjust the length of jeweler's saw.
A pipe is cut when long, steady strokes are executed with sawing back and forth. tool bag
Users garden tools can easily replace the blades when they get. One can employ the blade in a straight position.
However, if you are going to work on a specific metal cutting project, woodworking hand tools then it is very important ryobi power tools to select the correct tool among various metal cutting hand saws in order hitachi power tools to ensure maximum possible positive results. Tri fold Saw A tri fold saw is a fine compact folding saw that primarily serves the purpose of cutting fine metal using standard reciprocating saw blades. Lou Drennan tool box has been credited with the achievement ryobi tools fein power tools 63127384010 tool of writing different types of content on a wide range of rotary and oscillating power tools. These hand tools are majorly used by jewelers, roofers and plumbers for band saw various cutting purposes. When you take an initiative for refurbished toshiba power tools tool cutting wood, plaster or PVC, the metal blade gets switched out with other several types of bandsaw blades.
A hacksaw comes with a blade and primarily used for cutting metal pipe or sheet metal. Hand saws are primarily used for cutting metal whether it wooden tool boxes plans boxe plan is a soft metal or is a thin sheet. Most Vie in the Home Improvement:Tools and Equipment Category (60 days)
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Most Published in the Home Improvement:Tools and Equipment Category (60 days)
Hand saws are primarily used for cutting metal whether it is a soft metal or is a thin sheet.
The For more information visit Hand saws.
They also come with cordless drills machine oil that helps refurbished garden tools tool add lubrication in order to eliminate vibration. Hacksaw A hacksaw comes with a blade and primarily used for cutting metal pipe or sheet metal. One can also set hand tool the blade at an angle that is ideal for cutting something in a hard to reach place.
Users can easily replace the blades when they get bandsaw 14 quot w enclosed stand delta 28 475x blunt. As cordless power tools far as the structure of this hand tool is concerned, it comes with an open frame and includes pins that are located at either end of the frame securing a thin, strip like blade. Jeweler's Saw A jeweler's saw resembles the hacksaw in configuration. rolling tool bag
Most Recent from the Home Improvement:Tools and Equipment Category. As far as the structure of this hand tool is concerned, it comes with an open frame and includes pins that are located at either end of the frame securing a thin, strip like blade.
However, if you are going to work on a specific metal cutting project, then it is very important to select the correct tool among various metal cutting hand saws in order to ensure maximum possible positive results.
Source: http://www.hellofour.com/blog/34325/hitachi-power-tools-stanley-tool-bag/
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Researchers 'nanoweld' by applying light to aligned nanorods in solid materials
Feb. 21, 2013 ? Researchers from North Carolina State University have developed a way to melt or "weld" specific portions of polymers by embedding aligned nanoparticles within the materials. Their technique, which melts fibers along a chosen direction within a material, may lead to stronger, more resilient nanofibers and materials.
Physicists Jason Bochinski and Laura Clarke, with materials scientist Joe Tracy, placed specifically aligned gold nanorods within a solid material. Gold nanorods absorb light at different wavelengths, depending upon the size and orientation of the nanorod, and then they convert that absorbed light directly into heat. In this case, the nanorods were designed to respond to light wavelengths of 520 nanometers (nm) in a horizontal alignment and 800 nm when vertically aligned. Human beings can see light at 520 nm (it looks green), while 808 nm is in the near infrared spectrum, invisible to our eyes.
When the different wavelengths of light were applied to the material, they melted the fibers along the chosen directions, while leaving surrounding fibers largely intact.
"Being able to heat materials spatially in this way gives us the ability to manipulate very specific portions of these materials, because nanorods localize heat -- that is, the heat they produce only affects the nanorod and its immediate surroundings," Tracy says.
According to Bochinski, the work also has implications for optimizing materials that have already been manufactured: "We can use heat at the nanoscale to change mechanical characteristics of objects postproduction without affecting their physical properties, which means more efficiency and less waste."
The researchers' findings appear in Particle & Particle Systems Characterization. The work was funded by grants from the National Science Foundation and Sigma Xi. Graduate students Wei-Chen Wu and Somsubhra Maity and former undergraduate student Krystian Kozek contributed to the work.
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The above story is reprinted from materials provided by North Carolina State University.
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Journal Reference:
- Somsubhra Maity, Krystian A. Kozek, Wei-Chen Wu, Joseph B. Tracy, Jason R. Bochinski, Laura I. Clarke. Anisotropic Thermal Processing of Polymer Nanocomposites via the Photothermal Effect of Gold Nanorods. Particle & Particle Systems Characterization, 2013; DOI: 10.1002/ppsc.201200084
Note: If no author is given, the source is cited instead.
Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.
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Friday, February 15, 2013
IMF extends $7.6 mln credit to boost Burundi economy
BUJUMBURA (Reuters) - The International Monetary Fund (IMF) has released about $7.6 million to Burundi in the latest part of an ongoing credit facility to boost the country's flagging economy.
The IMF says real gross domestic product growth in the central African country that relies on coffee and tea for 85 percent of its exports is estimated to have decelerated to 4 percent in 2012.
"Lower liquidity within the banking system contributed to a slowdown in growth in credit to the private sector," the IMF said in a statement on Thursday.
The central African government predicts the economy will grow 6.6 percent this year, up from an estimated 4.7 percent in 2012. The IMF did not give its own estimate for 2012 growth.
The IMF was in the country for a review of Burundi's performance under the programme supported by the Extended Credit Facility (ECF). The new facility had brought aid under the arrangement to a total of about $15.3 million, the IMF said.
Burundi's franc fell 14.3 percent against the dollar in 2012, the central bank reported last week.
Inflation peaked at 25.3 percent in March 2012 before declining sharply to 7.6 percent in January, owing in part to tight monetary policy and the temporary removal of taxes on food products.
The IMF said it expected growth of economic activities to rebound and that inflation would continue to ease owing to lower international food and fuel prices.
Source: http://news.yahoo.com/imf-extends-7-6-mln-credit-boost-burundi-060102513--business.html
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Mr. and Mrs. Kenneth Collier of West Unity are celebrating their 40th wedding an...
Mr. and Mrs. Kenneth Collier of West Unity are celebrating their 40th wedding anniversary. Kenneth Collier and Patsy Sharp were united in marriage on Feb. 17, 1973 at St. Peter's Church in Hillsdale, MI. They are the parents of a daughter, Hope and husband Trent McClellan of Hurricane, W.V. and have two granddaughters.
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Alabama running back stable is deep, but who will contribute first? (Alabama Football Podcast)
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On this week's Alabama Football Podcast, sports producer Matt Scalici and Marc Torrence from The Crimson White discuss the view from campus on this week's arrests and break down the running back position heading into the spring.
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Wednesday, February 13, 2013
Tech Stocks: Facebook, Apple fall; Netflix gains ground
By Rex Crum, MarketWatch
SAN FRANCISCO (MarketWatch) ? Tech stocks continued to muddle their way through afternoon trading Tuesday, with losses coming from Facebook Inc., Apple Inc., Qualcomm Inc. and Netflix Inc.
The Nasdaq Composite Index /quotes/zigman/12633936 COMP +0.02% ?fell 4 points to 3,187, and the Philadelphia Semiconductor Index /quotes/zigman/1468249 SOX +0.40% ?and the Morgan Stanley High Tech 35 Index /quotes/zigman/6015481 MSH +0.19% ?each slipped into the red.
Apple CEO Tim Cook is addressing a Goldman Sachs conference Tuesday.Facebook /quotes/zigman/9962609/quotes/nls/fb FB -2.20% ?shares shed more than 2% to $27.62 after Bernstein Research analyst Carlos Kirjner cut his rating on the stock to market perform, or neutral, from outperform. Kirjner also took down his price target on Facebook?s stock to $27 a share from $33.
In a research note, Kirjner said that mobile inventory and exchange issues were at the heart of his rating downgrade.
Apple /quotes/zigman/68270/quotes/nls/aapl AAPL -1.53% ?shares gave up 2% to trade at $470 after Chief Executive Tim Cook addressed a Goldman Sachs technology conference in San Francisco Tuesday. Also speaking at the conference are Yahoo Inc. /quotes/zigman/59898/quotes/nls/yhoo YHOO +1.79% ?CEO Marissa Mayer and eBay Inc. /quotes/zigman/76117/quotes/nls/ebay EBAY +1.01% ?Chief Executive John Donahoe. See: Tim Cook: Apple is not a hardware company.
Qualcomm Inc. /quotes/zigman/77257/quotes/nls/qcom QCOM -1.21% ?shares gave up almost 2% to fall to $65.98. J.P. Morgan analyst Rod Hall cut his rating on the communications technology company to neutral from overweight over the chances that smartphone adoption rates will begin to slow down by 2014.
Apple investors could see cash coming their way
Here?s how a plan from billionaire hedge-fund manager David Einhorn could create a windfall of cash for Apple investors. Photo: Getty Images.
Netflix Inc. /quotes/zigman/87598/quotes/nls/nflx NFLX -1.20% ?shares fell 36 cents to $177.60 after the company said it signed a deal with DreamWorks Animation /quotes/zigman/94726/quotes/nls/dwa DWA +2.85% ?to create its first original series for children. The show, ?Turbo F.A.S.T.? will debut in December and is based on the DreamWorks movie ?Turbo,? which premieres in theaters this summer.
Netflix?s newest content deal came one day after it lost out to cable TV network Starz /quotes/zigman/13671225/quotes/nls/strza STRZA +0.66% ?for the exclusive right to movies from Sony Pictures /quotes/zigman/197524/quotes/nls/sne SNE -1.95% . See: Netflix gains stalled as Sony extends agreement with Starz.
AOL Inc. /quotes/zigman/577531/quotes/nls/aol AOL +5.05% ?posted one of the tech sector?s bigger gains of the day, rising more than 4% to $37.78 and adding to Monday?s gains, which came after RBC Capital Markets analyst Mark Mahaney raised his rating on the online media company?s stock to outperform from sector perform.
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Market Cap$115.42 billion
Rev. per Employee$769,060
/quotes/zigman/87598/quotes/nls/nflx US : U.S.: Nasdaq
Volume: 3.46M
Feb. 12, 2013 1:18p
/quotes/zigman/94726/quotes/nls/dwa US : U.S.: Nasdaq
Volume: 1.25M
Feb. 12, 2013 1:18p
Rev. per Employee$335,311
/quotes/zigman/13671225/quotes/nls/strza US : U.S.: Nasdaq
Volume: 1.05M
Feb. 12, 2013 1:18p
/quotes/zigman/197524/quotes/nls/sne US : U.S.: NYSE
Volume: 1.60M
Feb. 12, 2013 1:18p
Rev. per Employee$513,683
/quotes/zigman/577531/quotes/nls/aol US : U.S.: NYSE
Volume: 5.32M
Feb. 12, 2013 1:17p
Rev. per Employee$387,226
Rex Crum is a reporter for MarketWatch in San Francisco. Follow him on Twitter @mktwcrum.
Source: http://feeds.marketwatch.com/~r/marketwatch/software/~3/azv6XxEVTTg/story.asp
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U.S. probes ICAP, R.P. Martin over Libor - WSJ
(Reuters) - U.S. authorities are probing British interdealer brokers ICAP PLC and R.P. Martin Holdings Ltd over their role in a global interest rate-rigging scandal, the Wall Street Journal reported, citing people close to the investigation.
The U.S. Justice Department and Commodity Futures Trading Commission (CFTC) have widened their probe to include the two UK brokerage firms, the Journal said, although neither firm has been accused of wrongdoing. (http://link.reuters.com/jen85t)
ICAP, which disclosed last month that it is under scrutiny by Britain's Financial Services Authority, has received requests for information from the Justice Department and the CFTC, the paper said, citing a person familiar with the matter.
Interdealer brokers help some banks decide their submissions for the London interbank offered rate, or Libor, and other benchmarks which are used to price trillions of dollars' worth of loans.
Regulators allege that some employees of the two firms were crucial in helping specific traders rig submissions by banks of estimated borrowing costs in different currencies, the Wall Street Journal said.
ICAP chief executive Michael Spencer said last week that the group was conducting an internal probe into possible interest rate-fixing and was sharing relevant information with the FSA. ICAP had suspended one employee and put three more on administrative leave.
The brokerage reiterated those remarks to the newspaper.
Spokesmen for the Justice Department, CFTC and R.P. Martin declined to comment to the paper.
None of the parties could immediately be reached for comment by Reuters.
(Reporting by Aditi Shrivastava in Bangalore; Editing by Richard Pullin)
Source: http://news.yahoo.com/u-probes-icap-r-p-martin-over-libor-061142475--business.html
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1,000 clues in manhunt for ex-LAPD officer
LAPD media relations spokesman Andy Neiman briefs the media in the latest in the search for ex-LAPD officer Christopher Dorner, suspected of killing three people.
By Tracy Connor, Staff Writer, NBC News
LAPD officials admitted Tuesday that the manhunt for ex-cop Christopher Dorner -- now in its sixth day -- has turned "frustrating" as they sift through a mountain of clues, including a video that may show the suspect stocking up on scuba gear before the killing spree.
LAPD via AP
Former LAPD officer Christopher Dorner, who is suspected of killing three people in a revenge rampage.
"With a thousand clues or tips, you have to prioritize," LAPD Lt. Andy Neiman said at a briefing.
Dorner, 33, may not even be in the United States any longer. Police confirmed that they are looking into the possibility he fled to Mexico -- the destination he mentioned when he tried to steal a boat in San Diego last Wednesday.
Dorner, who was in the Navy Reserves, is accused of killing a retired captain's daughter and her fiance in Irvine on Feb. 3 and charged with killing a police officer in Riverside, Calif., last Thursday.
Investigators say he is seeking revenge for being fired from the LAPD in 2008. A manifesto posted online details his grievances and sets forth a plan to execute police figures and their families.
Police have recovered his burned-out truck near the Big Bear Lake ski resort, but a door-to-door search there -- along with a $1 million reward -- has turned up no sign of him.
"It is frustrating," Neiman said. "We are hopeful that these investigative leads will lead to a conclusion."
Among the newest leads, a video that was posted on TMZ that appears to show Dorner purchasing scuba equipment at Sport Chalet in Torrance, Calif., on Feb. 1. Neiman said police had not nailed down if it was Dorner and could not say why he would be buying underwater gear.
A criminal complaint filed in federal court last week says Dorner may have fled to Mexico, but provides no specifics. It also revealed that investigators have been tracking an associate of Dorner -- someone with the initials J.Y. -- whose family has property not far from where Dorner's vehicle was abandoned and torched.
NBC News' Jessica Benson contributed to this report.
Jorge Duenes / Reuters
U.S. Customs and Border Protection officers check vehicles approaching the U.S.-Mexico border in their search for Christopher Dorner.
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Tuesday, February 12, 2013
Toshiba Satellite Pro C660D Realtek WLAN Driver 2.00.0020_120829 for Windows 8
The Toshiba Satellite Pro C660D Realtek WLAN Driver enables a connection to your Wireless Access Point or to another wireless-enabled PC by using your wireless network card.
It is highly recommended to always use the most recent driver version available.
Do not forget to check with our site as often as possible in order to stay updated on the latest drivers, software and games.
Try to set a system restore point before installing a device driver. This will help if you installed a wrong driver. Problems can arise when your hardware device is too old or not supported any longer.
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Dragon Nest CN: Chinese New Year 2013 Events
The events below are tranlated by Freedom guild leader v2seraph. Thanks fro the translation, v2seraph!
Chinese New Year Events
Donating Red Envelopes to Shanda
Requirement: Spend cash!
Date: 5th Feb ~ 15th Feb
Details:
?New tattoos added to Ancestor Gem Shop. Can be exchanged with 1,000 Ancestor Gems each.
?You may now exchange Halloween, Christmas 3 sets parts with 'Special Exchange Coupons' at Chocobo (Unique Merchant Pania). Coupons obtained from opening Pandora Hearts.
?USED ?1,000 Diamond Pandora Keys, get 1x Block-Your-Vision Majestic White Wings (Permanent)
Happy Chinese New Year!
Requirement: Level 60 characters
Date: 9th Feb ~ 15th Feb
Details: Login daily to claim your goodies! Goodies will only stay in your cash storage for 3 days.
Reward(s)
?9th Feb - 1x Pandora Key & Heart , 1x Majestic Red Wings (7 days) , 1x Red Hare Mount (7 days)
?10th Feb - 1x Pandora Key & Heart
?11-12th Feb - 12x Item Protection Jellies (7 days)
?13-15th Feb - 5x Seal Stamps
Yummy Dumplings
Requirement: VIP, have access to farm
Details: Login daily to get 1x Wheat Seed & Dumpling Recipe. Plant the seed in farm plot, can be harvested in 90 minutes. Cook Dumplings with Wheat, Rock Blue Fish ????? & Grass Carp ??.
Yummy Dumpling (Will be deleted from inventory after March update)
?Buff last for 1 hour: +5% Patk, Matk, Max HP, Max MP & Critical (Cannot be used in DDN & Dragon Expedition, tradable)
Hunting For Red Envelops
Requirement: Level 60 characters
Date: 5th Feb ~ Next Update
Details: Enter 'Goblin Chef's New Year Eve Dinner' in Daredevil Faire. 2nd stage, open all 4 chests in 15 seconds. Open 5 chests at 3rd stage using following order.
1 = Chef standing location
(Special thanks to ? from duowan)
Reward(s)
?4x Red Envelops (6 runs per week, 30-70 golds per Red Envelop, total of ~800 golds per week)
?Dimensional Keys (Random)
Donating to Shanda Part 2
Requirement: Donate >5,000 golds to Beggar Luffy
Date: 5th Feb ~ Next Update
Reward(s)
?Title: ????? (How do I even translate this title >.>)
- 70 Patk & Matk, 60 all stats, 600 critical
Supporting Guild Growth
Uniting the Guild
Requirement: Level 60 characters, guild level 20.
Date: 6th Feb ~ 15th Feb
Details:
?You will get certain amount of 'Guild Grass' by completing certain task daily. Mail or trade 'Guild Grass' to your guild leader. (Storing into guild vault may work too) Guild leader delete 300 grass per day and he will get 3x 1,000 Dragon Coins Vouchers. (Freedom - Chaos , ArchAngel - Pika)
?Top 4 guilds with most deleted grass get Grand Chinese New Year Package after event.
?Freedom's DC vouchers will be used for lucky draw among guild members. We shall discuss this further after the event.
?Not sure if we have to do it with 4 guild members or not.
Daily Task (Once per day, get grasses next day)
?Complete all 4 Abyss Mode Tel Numara Dungeons. (3 Guild Grasses)
?Complete Typhoon / Prof.K Nest (Normal) once. (3 Guild Grasses)
?Complete Fake Base (Lv 60 Nests) 2 times. (5 Guild Grasses)
?Complete Flying Ship stage in Desert Dragon Nest. (5 Guild Grasses)
?Won 3 times 3v3 ladder (3 Guild Grasses)
?Spent 2,000 Cash Points (5 Guild Grasses)
Grand Chinese New Year Package
Requirement: Top 4 guild with most deleted Guild Grasses
Date: 23rd Feb ~ 1st Mar
Reward(s)
?23rd Feb - 1x Pandora Key
?24th Feb - 20x Seal Stamps
?25th Feb - 1x Majestic Red Wings (7 days)
?26th Feb - 1x Pandora Key
?27th Feb - 1x Bunny Ears + Tail (7 days)
?28th Feb - 1x 300 Dragon Coins Voucher
?1st Mar - 30x Item Protection Jellies (7 days)
NOTE: You won't get these event rewards right away. GMs will give out your rewards next day (Daily Event) or after events end. DON'T ASK when because none other than the staffs know the exact date!
Didn't translate the G? event, pretty pointless.
Source:
http://act.dn.sdo.com/201302huodong/
http://act.dn.sdo.com/ghhelp2/
Source: http://dn.mmosite.com/news/2013-02-05/dragon_nest_cn_chinese_new_year_2013_events.shtml
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SBA head Mills to leave Obama administration
WASHINGTON (AP) ? Karen Mills is leaving her post as head of the Small Business Administration, opening yet another Cabinet-rank job for President Barack Obama to fill at the start of his second term. Obama says Mills played a leading role supporting start-up businesses and entrepreneurs.
Mills has served as SBA administrator since 2009.
The SBA arranges loans, loan guarantees and other assistance to small businesses. Most recently, the SBA stepped in to assist businesses hurt by Superstorm Sandy, approving more than $1.1 billion in disaster loans to residents and businesses in states affected by the storm.
Mills is the latest executive branch official to leave during the traditional turnover at the beginning of a second term.
In a statement Monday, Obama credited Mills with helping businesses recover from the damaging recession.
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Sunday, February 10, 2013
The Lede: Updates on the Winter Storm
A ferocious storm system buried some some parts of the Northeast in more than two feet of snow and left more than 650,000 homes and businesses without power. Journalists from The Times are reporting on the storm and its aftermath and providing updates. Related Article
Source: http://thelede.blogs.nytimes.com/2013/02/08/updates-on-the-winter-storm/?partner=rss&emc=rss
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The Lede: Updates on the Winter Storm
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Source: http://thelede.blogs.nytimes.com/2013/02/08/updates-on-the-winter-storm/?partner=rss&emc=rss
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Heavy Snow and Winds Batter Northeast
[unable to retrieve full-text content]A powerful storm swept across the Northeast, dumping more than three feet of snow in parts of Connecticut and more than two feet on Long Island and Massachusetts and leaving hundreds of thousands of people without power.
Source: http://www.nytimes.com/2013/02/10/nyregion/winter-storm-northeast.html?partner=rss&emc=rss
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Saturday, February 9, 2013
STM cache for iPad review
I’ve seen several reports recently saying that Apple leads the PC market if you count iPads as a PC. ?Most people won’t count them as PCs; I certainly don’t, but there is a market for which the iPad represents all the “PC” they need. ?So, if your iPad is the only PC you need, you [...]
Source: http://the-gadgeteer.com/2013/02/09/stm-cache-for-ipad-review/
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