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http://www.people.com/article/hobbit-actor-manu-bennett-arrested-assault

http://web.archive.org/web/20150915201019id_/http://www.people.com/article/hobbit-actor-manu-bennett-arrested-assault

The Hobbit Actor Manu Bennett Arrested for Assault at Comic Con : People.com

By Naja Rayne and Christine Pelisek 09/14/2015 AT 09:00 PM EDT actor Manu Bennett was arrested for assault early Sunday morning after he allegedly punched a 29-year-old male at a Comic Con party in San Antonio, Texas. According to a police report obtained by PEOPLE, Bennett, 45, was asked to leave the party at the Grand Hyatt San Antonio hotel because "he had too much to drink and was causing a scene." A witness told San Antonio police that Bennett agreed to leave the party, but before he did he "picked up a chair in the air and was laughing at the situation," the report states. The witness said everyone thought he was playing around, but several seconds later he set the chair down and "started to stare down everyone inside the room." Before he left the party, Bennett allegedly stopped in front of the victim who was standing by the door, stared him down for several seconds, and then punched him in the nose, the report states. After the alleged attack, police went to Bennett's room and woke him up. Bennett told officers he had no recollection of the incident, but later said he was defending himself. The incident was called in around 4:30 a.m. Sunday, after which Bennett was held on a $1,600 bond. star was scheduled to make an appearance at the event on Saturday and Sunday. Reps for Bennett have not responded to requests for comment on his arrest. Bennett was later released from jail around 1 p.m., He is scheduled to appear in court on Oct. 19, PEOPLE confirms.

The Hobbit actor was taken into custody on Sunday

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http://www.theguardian.com/artanddesign/2008/jun/15/art

http://web.archive.org/web/20150916022801id_/http://www.theguardian.com/artanddesign/2008/jun/15/art

Your letters: reponse to Lennie James's open letter on knife carrying youths

I felt compelled to write to you after reading Lennie James's open letter (Cover story, last week). I am 17 years old and have grown up in south-west London. I'm only just beginning to realise how lucky I am to have never come across knife crime personally. James's letter was understanding rather than accusing and encouraging rather than displaying the suffocating self-righteousness that has become the norm for most young people, be it knife-carriers or 'law-abiding citizens'. I wish I could thank him personally. I have friends who I feel need to see this and whose lives it could change.Anna CondryLondon I work with young people who are subject to intensive supervision in the community. On the weekends they have to report to a youth session in which they have breakfast and touch base. Many of the young people who come have committed offences relating to violent crime or are on bail for offences such as possessing weapons. A few of the lads read the open letter from Lennie James last Sunday and it made them stop and think (at least for a moment). I thought it would of be of interest to Lennie James that some young people did get to read The Observer on Sunday and found his comments interesting.Name and address withheld I was extremely moved by Lennie James's letter. He put into words some of the most profound feelings we all share on these tragedies. I admire his ability to express the complexity of these problems and without denying our collective responsibilities. I thank him for his honesty. It is most certainly a word and a code of honour some of us have long forgotten.Gaelle Warner Paris That is a hell of a letter. Really powerful stuff - let's get it to where it needs to be heard. Spray it on the sidewalk, print it on trainers and stitch it into the seams of every baseball cap and hoodie. Erica Packington Sheffield I well remember my youth growing up in various parts of London. Wherever I looked there were halls and other meeting places which offered boxing, judo, music, dance, amateur theatre, and just about every kind of activity dear to any youngster's heart. Where are they now? Has the land that they occupied been found too valuable for our young to be allowed to use, and must be sold for profit? Well, we are paying the price. We have many elders and young people who would be delighted to lend a hand to gainfully employ our youth and help them to channel their excess testosterone into creative endeavour. Many of these violent youths are looking for a way out other than jail. Let the men and women of this country help our young to channel their endeavours and earn the respect of their fellows. Rayner Garner London What a powerful and honest letter by Lennie James. I shared the article with a few young people and one said: 'But how many of those young men will be reading these articles?' In Africa the saying is: 'It takes a village to raise a child.' We need that here in the UK. We the community need to become the village. My fear is that some of us (myself included) have become too comfortable in our own protected lives to be motivated to do anything about what is happening. Those of us in professional jobs or doing well, who have benefited from our parents' hard labour, have a role to play in what is happening to our young people. We need to speak out when we see gangs congregating. It's not OK to stay silent on buses and trains when young people misbehave and threaten others. We all have blood on our hands. Those children who are taking the lives of another have parents, aunts, uncles etc, people who know them, who have raised or haven't raised them. Part of moving forward will be taking responsibility for our own part in what has been created. It has to begin at home, right on our doorsteps. Feeding our children with material possessions they don't have to work for is leaving our children as hungry souls. Our parents' generation was fuelled by the strong will to better themselves. They didn't always get it right when it came to raising us but there was so much that was good. We cannot allow our history to come to this.Jackee Holder

Letters: Lennie James's impassioned open letter to knife carrying youths drew a huge response ...

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http://www.cnbc.com/2014/01/14/david-rubenstein-of-carlyle-group-says-deals-are-pricey.html

http://web.archive.org/web/20150917113220id_/http://www.cnbc.com/2014/01/14/david-rubenstein-of-carlyle-group-says-deals-are-pricey.html

David Rubenstein of Carlyle Group says deals are pricey

Though the pace of private equity deals is picking up, finding undervalued acquisition targets is "never easy," said David Rubenstein, co-founder of The Carlyle Group. "Things are not cheap," he said in an interview on CNBC's "Squawk Box" Tuesday. "Right before the recession in 2007 and 2008, the average EBITA [earnings before interest, taxes and amortization] multiple for a buyout was 9.7 times." Rubenstein said. "It went as low as maybe six or seven times a couple of years after the recession." Today, he said, the average EBITA multiple for a buyout is back at 9.7 times. "You have to be very judicious looking for things that you can find ways to make 20 percent to 30 percent rates of return," Rubenstein said. (Read more: Charter CEO: TWC offer 'rich and fair') "Last year, there was still a much smaller [number] of global private equity deals, and deals in the United States, than in 2007 or 2008," he said, adding that "we're still only about 50 percent the dollar volume" of that period. Rubenstein said activity is accelerating a bit because "financing is readily available ... on attractive terms." Carlyle has more than $185 billion in assets under management from 1,550 investors in 74 countries. —By CNBC's Matthew J. Belvedere. Follow him on Twitter @Matt_SquawkCNBC.

Private equity deals are picking up, but finding undervalued acquisition targets is "never easy," said the co-founder of The Carlyle Group.

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http://www.people.com/article/john-slattery-felt-enlightened-investigative-journalism-spotlight

http://web.archive.org/web/20150918045038id_/http://www.people.com:80/article/john-slattery-felt-enlightened-investigative-journalism-spotlight

John Slattery Felt 'Enlightened' About Journalism After Making Spotlight : People.com

09/15/2015 AT 08:00 PM EDT Playing one of the real-life reporters who broke the Catholic Church's child molestation coverup story completely changed "It enlightened me to how news is gathered," the actor exclusively told PEOPLE at the , while seated next to his costars "It also made it clear what a shame it is that newspapers, especially local papers, don’t have the resources to commit the people and the time to long term investigative journalism." , Slattery plays Ben Bradlee Jr., one of the reporters who uncovered widespread instances of child molestation and cover-up within the local Catholic Archdiocese. After learning about the hoops that Bradlee Jr. and his fellow reporters were forced to jump through to tell their story, Slattery says he realizes, "how important [it] is to the balance of a society to keep an eye on what needs to be watched, and for people’s stories to be told and for truth to be uncovered." He adds, "It’s difficult for papers. Support you local newspapers is one of the takeaways from this whole thing." James noted that accurately representing the process of reporting a story was equally important as developing their individual characters. "It was important to get not only the people that the actors are portraying right, but the world in which these people live, and how they tell the story, and the politics of editing, and how a story is vetted and how a story eventually ends up on printed page." Schreiber adds that he was struck by the camaraderie among the reporters. "I was really impressed with their generosity towards each other," he says. "It has the potential to be a very heroic story, and one might want to claim credit here or there, but to a man they all sort of pushed it over to the other, which was remarkable to me." opens in theaters Nov. 5.

"Support you local newspapers is one of the takeaways from this whole thing," Slattery tells PEOPLE of his new film Spotlight

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http://www.people.com/article/most-adorable-kids-of-week

http://web.archive.org/web/20150918232747id_/http://www.people.com/article/most-adorable-kids-of-week

Most Adorable Kids of the Week 6.15.15 : People.com

06/17/2015 AT 04:30 PM EDT Anika is a 2-year-old who is seen having a very lively conversation with her grandma over the phone. It is too bad that the only thing we can understand is her exclaiming, "What the heck!" We are dying to know the daycare drama prompting this convo. Next is a little boy who is facing a pretty challenging decision – whether to sleep or eat ice cream. Somehow, he manages to do both – and we are impressed. Lastly, there is big sister "Em," who is very confused as she meets her little sister for the first time. Em was shown baby photos of herself before making her way to the hospital to meet her new little sister, Caitlin, and the resemblance really throws her off – she explains to her family, "That's not Cait! It's me!"

See this week's sassy, hilarious and downright adorable kids

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http://www.theguardian.com/artanddesign/2012/aug/08/olympics-2012-art-jackie-kay/amp

http://web.archive.org/web/20150918234540id_/http://www.theguardian.com/artanddesign/2012/aug/08/olympics-2012-art-jackie-kay/amp

Olympics 2012 in art: Jackie Kay writes her own armchair triathlon

Reading this on a mobile? Click here to view I was inspired by the triathlon today and the Brownlee brothers to try and write a triathlon myself. So I've written three short poems on three different sporting events today: the javelin, the triathlon itself and two events in the velodrome. I was struck by the idea that sharing somebody's disappointment is as intense and intimate as sharing their success. I used to be a long-distance runner, a Scottish school girl champion, until I broke my leg and didn't walk properly for a year and a half. So I was thinking about that too when I wrote the poem. How quickly we move into our unfit futures! i Goldie and the Three No Throws I remember the fancy footwork of the discus or javelin,That feeling as a spear left your body, as if it'd come from withinTo be thrown into the future: the armchair of a middle-aged woman, watching the Olympics, twenty-four seven, shouting instructions!(The only thing worse than an armchair politician is an armchair athlete, who no longer gets athlete's feet; or has to nurse her Achilles heel.)Now, the woman from the Czech Republic, takes the chalk circleAn ancient Amazonian, her spear spikes the flaky air.Then, out comes Goldie and the great bear of the crowd's roar.But Goldie loses the qualification and her despairIs as ancient as it is modern: hindsight is a golden thing –Goldie Sayers' words are wise – and the crowd adores.Belief puts itself on the line; hope is not far behind.My tears for her bravery, the biggest surprise. When the race begins, the swimmers togetherSeem shaped like a great bird in the river,The green-capped feathers all of a quiver.The big bird cracks open; and from the bird's-eye viewSingle swimmers emerge, brothers first – phew!Alistair and Jonny Brownlee – sibling stars,Shedding their wet suits first (the fourth elementSome say, of this transition) and mount the bikes fast.The road to ambition is a road to perdition.All transitions come with great risks.The river, red tarmac and the Serpentine RoadWhere one brother will get crowned with a goldAnd the other brother a bronze, but heyIt is not the swimming, cycling, runningThat is the biggest feat; it's the 15-second penaltyPossibility of defeat – that's the real deal.Sport's biggest test is a character testAnd sport reveals true pluck and natureAs the bird in the river unfurled the swimmers. It was a day of drama in the VelodromeAs you watched agog, OMG,As Trott took the OmniumAgainst the odds of a collapsed lungComing home, coming home.Not one but two golds to her name.You saw the photo of not so long agoWith young Laura and her Bradley hero. Not long later, you watched VictoriaWho rode as close to her rivalAs a synchronised swimmerAnd all the drama was in the lane errorWhere the line was crossed in the VelodromeAs close as step to pets; palindromes,The Mearest of lines, the closing line. So, farewell Victoria dearest, you say.You salute her. She runs her last lap, and bows.The last time I'm going to go through that, she says.And even her brave coach is in bits.We knew it would end in tears, the TV says.And they roll down your cheeks too – you armchair, you.The greatest ever theatre – sport's soap opera.Victoria. Oh Victoria. Collect your silver!Your ordeal is over: take your seat on throne.

Scottish poet Jackie Kay draws inspiration from Team GB's highs and lows in the triathlon, javelin and cycling to create three short poems that capture the spirit of the Games

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http://www.theguardian.com/artanddesign/2012/oct/25/john-everett-millais-dickens-daughter-portrait

http://web.archive.org/web/20150918235506id_/http://www.theguardian.com/artanddesign/2012/oct/25/john-everett-millais-dickens-daughter-portrait

John Everett Millais portrait of Charles Dickens's daughter up for auction

A striking portrait by Sir John Everett Millais of Katey, the favourite child of Charles Dickens, in mourning for her first husband but on the point of a second very happy marriage, is coming up for auction in the bicentenary year of her father's birth. The painting has been included in many exhibitions about both Dickens and Millais, one of the stars of the pre-Raphaelite movement, including the major retrospective at the Tate in 2008. It will be sold at Sotheby's in London next month, estimated at up to £200,000, from the estate of the US collector Katherine Mellon. Millais had already used Katey as the model for a famous painting, The Black Brunswicker, showing her as a distraught girl pleading with her soldier lover not to go to war. According to her biographer, Dickens's great-great-great-granddaughter Lucinda Hawksley, Katey – by then an artist herself – chose the pose for the portrait, walking into the artist's studio then looking slightly back towards him, confident and subtly sexy in her demure black dress. Katey first married aged just 20 to escape the unhappy household after Dickens brutally separated himself and their children from his wife Catherine, moving away to live with his sister-in-law Georgina as housekeeper. She married the much older Charles Collins, brother of the novelist and family friend Wilkie Collins. Another of the family recalled discovering her father weeping into his daughter's wedding dress on the night of the marriage, muttering: "But for me, Katey would not have left home." Dickens died in 1870, and Collins three years later of cancer. The marriage was apparently amicable but sexless and Hawksley believes that during it Katey had an affair with her fellow artist Val Prinsep. Within months of being widowed, she had a secret registry office marriage to another artist, the Italian-born Charles Perugini, and the following year a more formal church wedding at which Millais was a guest. Their only child died as a baby, but the marriage was a very happy one, with a circle of artistic friends including JM Barrie and George Bernard Shaw. She outlived Perugini too, and late in life gave a wealth of biographical information about her father to Gladys Storey. After her death in 1929, Storey's book Dickens and Daughter first revealed his affair with the actress Ellen Ternan – the real cause of the breakup of her parents' marriage.

Portrait of Katey Perugini, Charles Dickens's favourite child, is to be sold at Sotheby's in the bicentenary year of his birth

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http://www.cnbc.com/2014/07/14/cnbc-transcript-the-profits-marcus-lemonis-chairman-ceo-of-camping-world-good-sam-enterprises-speaks-with-cnbcs-power-lunch-today.html

http://web.archive.org/web/20150919105353id_/http://www.cnbc.com/2014/07/14/cnbc-transcript-the-profits-marcus-lemonis-chairman-ceo-of-camping-world-good-sam-enterprises-speaks-with-cnbcs-power-lunch-today.html

CNBC Transcript: "The Profit's" Marcus Lemonis, Chairman & CEO of Camping World & Good Sam Enterprises, Speaks with CNBC's "Power Lunch" Today

WHEN: Today, Monday, July 14th Following is the unofficial transcript of a CNBC interview with "The Profit's" Marcus Lemonis, Chairman & CEO of Camping World and Good Sam Enterprises, on "Power Lunch" today. Following is a link to the interview on CNBC.com: http://video.cnbc.com/gallery/?video=3000292442. All references must be sourced to CNBC. TYLER MATHISEN: CRUMBS BAKE SHOP IF A BANKRUPTCY JUDGE GOES ALONG, HAS BEEN SAVED FROM CRUMBLING BY LEMONIS FISCHER ACQUISITION COMPANY, LED BY MARCUS LENONIS, HE'S THE CHAIRMAN & CEO OF CAMPING WORLD AND GOOD SAM ENTERPISES, AND OF COURSE HE'S THE STAR OF THE CNBC "THE PROFIT" AND A GOOD FRIEND OF "POWER LUNCH." WELCOME MARCUS LIVE FROM L.A. BEFORE MEETING WITH TV CRITICS ABOUT THE NEXT SEASON OF "THE PROFIT." LET'S START BY GETTING ONE QUESTION ON THE TABLE AND OUT OF THE WAY. WILL CRUMBS APPEAR ON "THE PROFIT"? MARCUS LEMONIS: CRUMBS WILL NOT APPEAR ON "THE PROFIT." THIS UNFORTUNATELY HAS REALLY NOTHING TO DO WITH THE SHOW. IT'S REALLY ABOUT TRYING TO SAVE A BUSINESS THAT CLOSED ABOUT A WEEK AGO. MATHISEN: SO LET'S TALK A LITTLE BIT ABOUT WHAT YOUR PLAN IS. WHAT IS THE BIGGEST THING THAT YOU THINK IS WRONG WITH CRUMBS AND WHAT WILL YOU DO TO FIX IT? LEMONIS: WELL YOU KNOW IT'S NOT REALLY JUST ABOUT CRUMBS, IT'S ABOUT THIS WHOLE NICHE SPACE OF OPENING UP THESE FIXED-COST LOCATIONS AROUND THE COUNTRY THAT DELIVER ONE PRODUCT. AND WHILE I'M A FAN OF THE CUPCAKE I DON'T BELIEVE THAT ANY BUSINESS CAN MAKE IT SINGULARLY ON ONE PRODUCT. AND SO THE GOAL ULTIMATELY IS TO REALLY HAVE IT CARRY MULTIPLE PRODUCTS, WHETHER IT'S PIES, COOKIES, ICE CREAM, CAKE, A VARIETY OF THINGS, BECAUSE AS THINGS KIND OF MOVE IN AND OUT OF POPULARITY, WE WANT TO BE ABLE TO BE NIMBLE. SUE HERERA: MARCUS, THIS IS NOT YOUR FIRST INVESTMENT BY A LONG SHOT IN BAKERIES AND BAKING COMPANIES. WHY DO YOU LIKE THAT PARTICULAR SPACE SO MUCH? LEMONIS: WELL I THINK THAT SWEETS ALWAYS MAKE PEOPLE HAPPY. IT'S A THING I DON'T WANT TO SAY IT'S RECESSION PROOF, BUT IT'S LARGELY RECESSIONP ROOF. WE HAD A NUMBER OF EPISODES ON SEASON ONE AND SEASON TWO OF "THE PROFIT", WHETHER IT WAS KEY LIME PIE, WHETHER IT WAS ICE CREAM WHETHER IT WAS CANDY, THAT WILL ALL BE INTEGRATED. AND YOU KNOW IT'S ACTUALLY A REAL ODD THING THIS IS GOING TO BE THE FIRST TIME THAT REALITY TRULY MEETS REALITY. AND PART OF MY MOTIVATION FOR ATTEMPTING TO DO THIS DEAL WAS THE ABILITY TO INTEGRATE SOME OF THE OTHER BRANDS THAT I ALREADY OWN. HERERA: RIGHT. CAN YOU TELL US WHAT THOSE ARE? SO EVERYBODY KNOWS WHAT THEY CAN EXPECT TO SEE. LEMONIS: WHAT WE COULD EXPECT TO SEE THERE IS MR. GREEN TEA ICE CREAM, HOPEFULLY BE MAKING A PRIVATE LABEL PRODUCT FOR CRUMBS USING THEIR CUPCAKE BATTER. WE'LL HAVE SWEET PETE'S CANDY THERE, WE WILL HAVE DIPPIN' DOTS. OUR PARTNERS OWN DIPPIN' DOTS, WE'LL HAVE DOC POPCORN, WE'LL HAVE MATT'S COOKIES. WE'LL HAVE KEY WEST KEY LIME PIE. WE'LL HAVE COFFEE, AND SO REALLY WHAT WE'RE TRYING TO DO IS TAKE CRUMBS BACK TO ITS ORIGINAL INTENTION. IT WAS MEANT TO BE A BAKE SHOP, NOT A CUPCAKE SHOP, SO THE GO-FORWARD PROPOSITION IS THAT CRUMBS WILL BE A SWEETS AND SNACK DESTINATION, NOT A CUPCAKE SHOP. HERERA: SO ABOUT 50 PEOPLE CAME UP TO THE SET TO TELL ME THAT THEY WANT ME TO ASK YOU TO PLEASE REOPEN THE WALL STREET STORE. IT'S ON BROAD STREET. LEMONIS: WELL, YOU KNOW WHAT? AS YOU KNOW, SUE, I TAKE BUSINESS AND MONEY VERY SERIOUSLY. IT'S GOING TO BE A HERCULEAN EFFORT TO MAKE THIS BUSINESS WORK. AND WE'RE GOING TO BE LOOKING THROUGH THE BANKRUPTCY PROCESS AT EVERY SINGLE ONE OF THE LOCATIONS. AND IF THEY'RE NOT PROFITABLE, THEY ARE GOING TO GO ONTO A DRAWING BOARD AND WE'RE GOING TO SEE IF THEY CAN BE MADE PROFITABLE. THIS IS NOT AN OPPORTUNITY JUST TO OPEN UP ALL THESE STORES AND SELL A BUNCH OF PRODUCTS. WE WANT TO BE DISCIPLINED ABOUT IT. AND SO IF THAT STORE IS A MONEY MAKER, THEN IT WILL REOPEN. AND IF IT'S NOT, I CAN'T PROMISE THAT IT WILL. MATHISEN: SO MULTIPRODUCT – AND IT SOUNDS LIKE IT'S GOING TO BE MORE A QUICK FOOD DESTINATION RATHER THAN A BAKE SHOP WHERE YOU COME TO BUY BAKED GOODS. IS THERE ANYTHING ABOUT THE QUALITY OF THE CUPCAKES THAT YOU WOULD CHANGE? I HAVE HEARD CRITICS SAY THAT THEY TASTE COLD AND NOT AS SOFT AND SUCCULENT, LET ME PUT IT, AS THEY EXPECT. LEMONIS: AND I'M ONE OF THOSE CRITICS AS WELL. I THINK ONE OF THE PROBLEMS THAT HAPPEN IS THEY OVEREXPANDED TOO FAST, AND THE KEY TO THE BAKING BUSINESS IS THE ACTUAL MANUFACTURING PROCESS. AND WHEN YOU'RE NOT KIND OF PUTTING THE CARE AND LOVE INTO MAKING A PRODUCT AND YOU'RE MASS PRODUCING IT IN A WAY THAT REQUIRES YOU TO FREEZE IT OVERNIGHT AND THAW IT OUT, IT'S NOT EXACTLY THE BEST SOLUTION. LEMONIS: AND SO IT WON'T BE A PLACE WHERE YOU CAN GET A HAMBURGER, TYLER. IT WILL BE A PLACE WHERE YOU CAN BUY A CUPCAKE, PIE, COFFEE, ICE CREAM. AND SO I WANT YOU TO THINK ABOUT IT AS A SWEET AND SNACK SHOP DESTINATION, BUT THERE WILL BE NO SANDWICHES OR SOUP THERE. MATHISEN: ALRIGHT MARCUS, THANKS AND GOOD LUCK THIS AFTERNOON WITH THOSE HARSH TV CRITICS. With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD , CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to approximately 371 million homes worldwide, including more than 100 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China. The network's 15 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries. CNBC also has a vast portfolio of digital products which deliver real-time financial market news and information across a variety of platforms. These include CNBC.com, the online destination for global business; CNBC PRO, the premium, integrated desktop/mobile service that provides real-time global market data and live access to CNBC global programming; and a suite of CNBC Mobile products including the CNBC Real-Time iPhone and iPad Apps. Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://www.nbcumv.com/programming/cnbc.

CNBC Transcript: "The Profit's" Marcus Lemonis, Chairman & CEO of Camping World & Good Sam Enterprises, Speaks with CNBC's "Power Lunch" Today

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http://www.cnbc.com/2015/04/25/cities-struggle-with-californias-puzzle-of-water-restrictions.html

http://web.archive.org/web/20150919115611id_/http://www.cnbc.com/2015/04/25/cities-struggle-with-californias-puzzle-of-water-restrictions.html

Cities struggle with California's puzzle of water restrictions

Beverly Hills uses its own tiered-pricing system for its water use. The city government is holding it back from the rest of its water use restriction program until the matter is resolved in order to ensure compliance with the law, according to Therese Kosterman, a spokesperson for the city. While tiers aren't the only conservation measure available to cities and localities, some say regulators need them amid limited options in the crisis. "The most important thing is that to get through this historic drought, we are going to have to call on Californians to do a lot of different things, and local agencies are going to need as many tools as they can have," said Michael Lauffer, chief counsel for the State Water Resources Control Board. "We are encouraging local agencies to continue their efforts to send the right price signals. There are local agencies who have adopted block rate structures they think are completely defensible, and this court decision doesn't set those aside," he said. "This was really about San Juan Capistrano." In a statement, Gov. Jerry Brown chided the ruling. "The practical effect of the court's decision is to put a straitjacket on local government at a time when maximum flexibility is needed," he said. "My policy is and will continue to be: employ every method possible to ensure water is conserved across California." Read MorePepsi to ditch aspartame in Diet Pepsi Yet charging different people different prices is just one of several wrinkles in water-use laws and enforcement that Californians need to iron out. Part of the battle will be updating or overturning old policies that exist in various parts of the state, observers say. Sacramento, the state's capital and a city of slightly less than 500,000 people, had previously prohibited water meters on houses in its city charter until the state finally passed a law overturning it, UC Davis' Frank said. The city has been installing meters since then, but they have not reached all of the houses in the area. The city government expects the project to be completed by 2025. Read MoreNY banana mogul sentenced in fatal sex romp A lack of meters in certain regions may complicate demands for citizens to restrict the amount of water they're using, a feature of new conservation regulations. Under the governor's new order, residential and industrial consumers are required to reduce water consumption by 25 percent of what they used in 2013. This threshold does not apply to agricultural users, however, which account for 75-80 percent of all water used in the state. Many California communities already have strict water-restriction measures in place, and have for a long time. Many houses come equipped with low-flush toilets and special shower heads in bathrooms meant to conserve water, for example. "What the governor's announcement does is give cover to local officials who might have been reluctant to impose restrictions, now they can say, 'Golly, we have no choice,' " said Sherry Bebitch Jeffe, a professor at the University of Southern California. "The bottom line here is not whether local communities pass restrictions, it's how will they be enforced." Frank also said the difficulty of enforcement is the other main challenge to conservation efforts. "In California the resources dedicated to enforcement have always been very limited, and that deficiency is coming into starker contrast now that the crisis is so great," he said. Lauffer said existing regulations already capture a lot of "low hanging fruit," and the State Water Resources Control Board directly enforces rules about water conservation affecting larger industries, such as the hospitality industry. Enforcement on a local level is carried about by the roughly 400 water agencies in the state, who can ticket violators or even take them to court. "There are plenty of examples all over the state—Sacramento, the Santa Clara Valley Water District—undertaking a significant hiring effort to bring inspectors on board who can go out and help with that code enforcement." Lauffer of the State Water Resources Board said. "And it is not a 'one-and-done' situation. People are trying to educate their customers, give them notice, and if they see repeated bad behavior, they are issuing fines and penalties," he added.

Challenges have bedeviled some of California water conservation efforts, and experts expect uneven levels of compliance and success.

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http://www.cnbc.com/2015/08/06/gold-stuck-near-2010-low-as-data-backs-sept-fed-hike-view.html

http://web.archive.org/web/20150919231226id_/http://www.cnbc.com/2015/08/06/gold-stuck-near-2010-low-as-data-backs-sept-fed-hike-view.html

Gold edges up as greenback retreats, traders await US jobs data

The dollar was down against a basket of major currencies. Weak earnings dragged stocks lower. "We're seeing a mild consolidation rally," said Bill O'Neill, co-founder of commodities investment firm LOGIC Advisors in New Jersey. "The dollar has lost a little ground and we have nervousness surrounding equities." Investors have abandoned bullion during a broad commodities sell-off and on expectations that the Fed may raise interest rates as early as next month. The looming rise in U.S. rates dims the appeal of non-interest yielding gold, instead pulling more funds towards the dollar. Data on Thursday showed the number of Americans filing new applications for unemployment benefits rose less than expected last week. Read MoreGold under pressure after US data, rate rise in focus Expectations that the Fed could increase rates at its next policy meeting in September gained ground this week after Atlanta Federal Reserve President Dennis Lockhart said only a "significant deterioration" in the U.S. economy would make him not support a rate rise next month. But Fed Governor Jerome Powell said policymakers had not yet decided whether to raise rates next month, adding that more recent employment data had been mixed. Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell to 21.47 million ounces on Wednesday, the lowest since September 2008. "In the medium term, with rising bond yields, EM (emerging markets) currencies collapsing, no safe haven demand and with the dollar potentially going higher on U.S. rate expectations, there is no gold-friendly news out there," Saxo Bank senior manager Ole Hansen said.

Gold edged higher on Thursday, supported by the retreating U.S. dollar and a tumble in global equities as traders awaited U.S. jobs data.

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http://www.cnbc.com/2014/07/10/commercial-space-race-us-lags-europe.html

http://web.archive.org/web/20150920011657id_/http://www.cnbc.com/2014/07/10/commercial-space-race-us-lags-europe.html

Commercial space race: US lags Europe

"Everyone is looking to bring down the cost of space programs because it is incredibly expensive," Ben Bourne, aerospace analyst at Liberum, told CNBC in a phone interview. The European Space Agency and the U.K. Space Agency will be among national and private bodies and companies at the Farnborough Airshow to discuss their activities as the space race heats up. Airbus has been the dominant player in the industry for some time, leading a consortium of companies to build the Ariane space rocket, with the first model being operational in 1979. But the industry has been shaken up by the entry of Elon Musk's SpaceX, which as has successfully created lower cost rockets known as Falcon 9 and Dragon. SpaceX focuses on low manufacturing and operational costs and in 2012 Musk fired a warning shot at the Ariane project, telling BBC News that it had "no chance" against his spacecraft. Read MoreAmerica's weapon in the US-Russia space war Last month, Airbus and Safran, the French aerospace companies, announced plans to team up and work on space launchers to fight off challenges from SpaceX. "Airbus is thinking that if they want to survive and continue to dominate, they need to transform into something different and cannot afford to have the same type of Europe space structure," Damien Lasou, global managing director of aerospace and defence at Accenture, told CNBC in a phone interview. "When you look at the market share, the Europeans are the dominant player. Ariane is now in the position of being the incumbent dominant but with challengers coming from the U.S." Airbus and the European Space Agency who commission the building of Ariane, are working on an upgraded model that will be released over the next few years, with the aim at cutting costs and making it cheaper to fly. Revenues from the satellite launch industry rose between 2010 and 2012 but dropped in 2013 to $3 billion from $3.8 billion the year before, but revenues from U.S. players continued to rise, according to the SIA. While Europe continued to dominate, U.S. companies are clearly catching up. Read MoreWhy are space companies flocking to Colorado? This trend could continue as geopolitical tensions with Russia mean U.S. companies turn away from Russian space launchers and look at the domestic market, according to analyst. "The current dynamic with the Russian has put a new dent on all of this," Wayne Plucker, director of aerospace and defense at Frost and Sullivan, told CNBC in a phone interview. "I think everybody is looking for alternatives to the Russians so I think this is one of those offerings could be SpaceX. Whether they can compete is another matter." - By CNBC's Arjun Kharpal

The space race has moved on from the battle between Cold War rivals, to a contest between companies to blast off in the space market.

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http://www.cnbc.com/2015/07/23/reuters-america-developer-willing-to-spend-200-mln-to-finish-bahamas-resort.html

http://web.archive.org/web/20150920044302id_/http://www.cnbc.com/2015/07/23/reuters-america-developer-willing-to-spend-200-mln-to-finish-bahamas-resort.html

Developer willing to spend $200 mln to finish Bahamas resort

July 23 (Reuters) - The developer of the $3.5 billion Baha Mar mega-resort is willing to commit up to $200 million to jumpstart the stalled Bahamas project, lawyers told a U.S. bankruptcy judge on Thursday. Baha Mar, which will feature a Las Vegas-style casino and more than 2,000 hotel rooms, is nearly complete, but construction stopped several months ago because of a dispute between the developer and the main contractor, Chinese State Construction Engineering Corp Ltd's China Construction America. The developer of the project is Sarkis Izmirlian, whose Baha Mar Ltd filed for bankruptcy protection in Delaware last month. He is the son of Armenian peanut and real estate tycoon Dikran Izmirlian. The Izmirlians have invested more than $900 million in the project. Izmirlian has been negotiating with China's Export Import Bank, which bankrolled most of the project with a $2.45 billion loan. No deal has been struck, however. During the bankruptcy court hearing on Thursday in Wilmington, Delaware, lawyers for Baha Mar Ltd did not provide details on the terms necessary for Izmirlian's commitment for the $200 million. Other parties did not respond to the comment from the Baha Mar attorney during the hearing, which lasted less than 10 minutes. Izmirlian has blamed the Chinese construction company for the delays that forced the resort to miss its opening in late March. CCA says his development team mismanaged the project. (Reporting by Tom Hals and Tim McLaughlin; Editing by Lisa Von Ahn)

July 23- The developer of the $3.5 billion Baha Mar mega-resort is willing to commit up to $200 million to jumpstart the stalled Bahamas project, lawyers told a U.S. bankruptcy judge on Thursday. The developer of the project is Sarkis Izmirlian, whose Baha Mar Ltd filed for bankruptcy protection in Delaware last month. During the bankruptcy court hearing on...

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http://www.cnbc.com/2014/01/24/emerging-market-opportunity-in-long-term-blankfein.html

http://web.archive.org/web/20150921195233id_/http://www.cnbc.com/2014/01/24/emerging-market-opportunity-in-long-term-blankfein.html

Emerging market opportunity in long term: Blankfein

As for the U.S. economy, Blankfein said he's still optimistic about the economic prospects for U.S. "There's a big tailwind ... the deleveraging that's occurred, the interest rate environment, the housing situation, the energy—all of it favors the United States." But growth here won't exceed the high side of expectations because the bar has been risen. "Expectations are in line with reality." The recent U.S. stock market drop should be viewed relative to the high levels that stocks are still trading, he said. With Thursday's triple-digit drop in the Dow Jones Industrial Average, the blue-chip index is only about 2.4 percent off its all-time highs. While Goldman analysts have predicted the high probability of a stock market correction in 2014, Blankfein said, "We could pull back a lot more and it won't necessarily derail the track that we're on." Explaining the recent market moves, he added that market sentiment shifts happen when investors think they're no longer playing with "house money" and they're using their own. Meanwhile, Blankfein said that China doesn't really have a mechanism for writing off mistakes, and it needs to do more to develop its capital market. "It's a 'chicken-and-egg.' how do you build up those ... [when] you don't have the companies that are public? How do you have institutional investors? And without institutional investors how do you take the companies public? Who buys them? They have to do all of this stuff at once. It's very difficult." (Read more: Lloyd Blankfein: 'This could be China's century') As for Europe, Blankfein said the economy is doing much better than two years ago, but it's still a half a cycle behind the U.S. On the issue of banks paying out big fines to the government, he argued that mistakes are not necessarily crimes. —By CNBC's Matthew J. Belvedere. Follow him on Twitter @Matt_SquawkCNBC .

The Goldman Sachs CEO also says the U.S. economy won't exceed the high side of expectations because the bar has been risen.

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http://www.cnbc.com/2014/10/31/a-tale-of-two-obamacare-price-changes.html

http://web.archive.org/web/20150922115325id_/http://www.cnbc.com/2014/10/31/a-tale-of-two-obamacare-price-changes.html

A tale of two Obamacare price changes

Coleman said he was particularly struck by how high the percentage increases were for young adults. He said it raises the question of "whether this contributed to the low rates of enrollment for younger adults." Young adults make up around 40 percent of the uninsured, who are the main target group for the Affordable Care Act. But they only account for about 28 percent of enrollment on the government-run ACA exchanges this year. When asked about the dramatically higher rates under Obamacare, PwC's Connolly said, "It's just impossible to compare the ACA exchanges with the pre-ACA individual market, which, by the way, was not a market at all. It's really just apples and oranges." Connolly noted that before Obamacare, "individuals could be charged sky-high rates or even denied coverage" if they had pre-existing medical conditions. That's no longer the case." She also pointed to the subsidies that reduce costs for most exchange enrollees, and caps on what people can be forced to pay out-of-pocket for health services. HealthPocket acknowledged those differences from 2013 to 2014 in its report, and also noted that Obamacare now mandates certain minimum health benefits that must be covered by plans with no cost-sharing by enrollees, such as contraception and preventative care. But HealthPocket's Coleman said, "You can't just say it's an apples to oranges market for a consumer of health insurance." "It's a product they're going to buy or not going to buy," Coleman said. He said that people made insurance choices before Obamacare based on affordability and how plans met their health needs, as well as other factors that they valued. Read MoreMicrosoft launches wearable fitness device for $199 "So we have to be careful of being dismissive of the pre-reform market and imagine they were all 'junk plans,' " Coleman said. "That is clearly as much of an unjustifiable position as to say all the plans in the new market are too expensive." Coleman also said that while Obamacare advocates are "quick to say" that most enrollees get subsidies if they buy exchange-sold plans, "it's more complicated than that." Some people are not eligible for the subsidies because they earn too much—the subsidies as a rule are available to people earning between one and four times the federal poverty level, or $11,670 to $46,680 for an individual. And in some places, an available health plan's premium may not be a high enough percent of the customer's income to trigger the right to a subsidy. A previous HealthPocket study of eight cities found that the income range for adults ages 18 to 34 was 41 percent lower than the income range dictated by the Affordable Care Act. In other words, it took significantly less income to reach the point where the subsidy amount decreased to zero. And, Coleman noted, if someone buys off-exchange plans, they get no subsidy, and therefore would feel the full impact of the price increase.

Whether recent price changes in individual insurance plans are a good or a bad thing depends on your perspective.

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http://www.cnbc.com/2015/03/10/solar-energy-and-renewables-five-crazy-things-being-powered-by-the-sun.html

http://web.archive.org/web/20150922120507id_/http://www.cnbc.com/2015/03/10/solar-energy-and-renewables-five-crazy-things-being-powered-by-the-sun.html

Five crazy things being powered by the sun

Why would a city or large company spend $4,000 for a solar-powered trash can? Big picture, people. A company called Big Belly sells expensive, solar-powered trash compactors. By using the sun's power to compact trash, the Big Belly reduces the need for weekly trash pickups, eventually recouping the upfront cost with fuel savings down the road.

The airplane Solar Impulse isn't the only unusual item being powered by the sun. Here are five unusual items already using solar energy.

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http://www.cnbc.com/2014/11/17/the-top-performing-sectors-of-the-us-stock-market.html

http://web.archive.org/web/20150922235926id_/http://www.cnbc.com/2014/11/17/the-top-performing-sectors-of-the-us-stock-market.html

The top-performing sectors of the US stock market

The S&P 500 index was up 9.9 percent this year through Nov. 7. The top two performing sectors of the 10 S&P 500 sectors this year, however, are utilities (up 21.4 percent through Nov. 7) and health care (up 20.7 percent), both defensive sectors of the economy that are supposed to perform better later in the business cycle and in periods of recession. Consumer staples, another defensive sector, has blown away the normally stronger early and midcycle consumer discretionary sector—10.9 percent to 1.7 percent. The three other worst-performing sectors have been energy (–1.4 percent), telecom services (3.6 percent) and materials (4.8 percent). Most analysts attribute the unusually strong performance of utilities at this stage of the business cycle to investors' search for yield in an environment of ultralow interest rates. While the Fed has ended its quantitative easing program, the yield on the 10-year Treasury bond is a paltry 2.3 percent—down from just over 3 percent at the beginning of the year. With their fat dividends and consistent if uninspiring economic performance, utility stocks have become a popular alternative to fixed-income investments. The strength of health-care stocks and consumer staples is likely a reflection of investors' continuing lack of confidence in the economy. Read MoreLike it or not, Obamacare's juicing health stocks "Normally, you want health-care stocks and consumer staples in down markets and consumer discretionary when markets are up," said Jerry Miccolis, manager of the Giralda Fund. He rotates in and out of sector exchange-traded funds based on technical price momentum, not business-cycle indicators. "It's hard to figure."

While the US economy seems to be in midcycle, sectors like utilities and health care continue to buck the historical trend.

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http://www.cnbc.com/2015/08/28/switzerland-avoids-recession-despite-steep-rise-in-franc.html

http://web.archive.org/web/20150923100111id_/http://www.cnbc.com/2015/08/28/switzerland-avoids-recession-despite-steep-rise-in-franc.html

Switzerland avoids recession despite steep rise in franc

On January 15, the Swiss National Bank rocked financial markets and Swiss business when it gave up attempts to cap the franc's value against the euro. Switzerland's export-oriented manufacturers have been hit badly by the franc's strength — a side effect of the European Central Bank's "quantitative easing" programme to prevent the eurozone falling into a deflationary slump. The country was also widely expected to become a casualty of economic turbulence and aggressive monetary policies in other parts of the world. But Swiss hoteliers and tourist resorts have not fared as poorly as expected during the summer season, thanks in part to good weather and tourists from emerging market economies. Unemployment, meanwhile, remains low and second-quarter growth was boosted by consumer spending — even though price-conscious Swiss shoppers are increasingly crossing the border to shop in neighbouring eurozone countries. The steep currency appreciation "was a shock but it was less severe than we expected — and that is a bit of a surprise", said Yngve Abrahamsen, senior analyst at the Zürich-based Kof Swiss economic institute. Thomas Jordan, the SNB's chairman, has warned repeatedly that the franc is overvalued. But despite setting the lowest interest rates in the world, the SNB has failed to weaken the currency significantly. More from the FT: Swiss shoppers stock up on eurozone goods Shock puts question over Swiss credibilityCurrency ceiling enjoyed short-lived success "We have better [growth] data than expected — but 'better' is not 'good'. This is still far below Switzerland's potential growth rate," warned Claude Maurer, economist at Credit Suisse. Switzerland's economy remains gripped by deflation with the franc's steep rise forcing exporters to slash prices and cutting import costs. Annual inflation was minus 1.3 per cent in July. "We don't see any growth impulses in the near future," Mr Maurer added. During the Greece crisis, the franc acted as a haven for investors. Although it lost some of that status during the financial market turbulence of recent weeks, it remains about 11 per cent higher both against the euro and on a trade-weighted basis than before the January 15 decision. The "Frankenschock" has left deep scars on the country's manufacturing sector, and is likely to be a campaign theme ahead of Swiss federal elections on October 18. New orders in the second quarter were the lowest since early 2009, when the world economy was reeling from the collapse of Lehman Brothers, the Swissmem industry association reported last week. "We're still in the middle of this crisis, we don't know when it is going to end," said Ivo Zimmermann, Swissmem executive board member. A Swissmem survey of 400 companies showed 35 per cent expected to report an operating loss in 2015. Among those complaining loudest are Swiss watchmakers, which have seen demand tumbling for their luxury products as a result of the slowdown in Chinese growth and Beijing's crackdown on corruption. Swiss watch exports in July were 9.3 per cent lower than a year earlier with sales to Asia down 21.4 per cent, according to the Swiss watch industry federation. January's "Frankenschock" also alarmed the tourist sector, which feared steep falls in visitor numbers, especially from eurozone countries. Hoteliers in city locations, however, reported their worst fears had not been realised. Patrick Hauser, joint owner of the luxury Schweizerhof hotel in Lucerne — with its historic buildings and breathtaking views of the Alps, a popular destination for Asian visitors — said US visitor numbers had remained stable while there had been a "tremendous increase" in tourists from Gulf states. "On January 15 and 16 it was really hectic around here but looking at the situation now, we're really happy with the way things turned out," Mr Hauser said. In the St Moritz mountain resort, near the Italian border, bookings at the start of the summer were 10 per cent lower than a year before. But the year-on-year drop is expected to be nearer 5 per cent by the end of the season in late October, according to the local tourist association. "The nice weather half-compensated for the strong franc," reported Ariane Ehrat, the association's chief executive. Few in the industry are confident about making predictions for the coming months, however. Ms Ehrat said worries about future tourism flows from China and countries such as Russia "are something that we can feel . . . I'm not ready now to give you a forecast for the winter season".

Switzerland has escaped falling into recession, weathering a steep rise in the value of the Swiss franc, the Financial Times reports.

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http://www.cnbc.com/2014/11/18/senate-defeats-keystone-xl-pipeline.html

http://web.archive.org/web/20150923160125id_/http://www.cnbc.com/2014/11/18/senate-defeats-keystone-xl-pipeline.html

Senate defeats Keystone XL pipeline

"What is everybody upset about?" Landrieu asked from the Senate floor on Tuesday. "We already have 2.6 million miles of pipe in America." She noted that the Keystone project would add "basically 1,000 miles." Landrieu, who faces a runoff against Republican Rep. Bill Cassidy in her home state Dec. 6, has fought to make the issue a top priority during the lame-duck congressional session. However, critics see her efforts as a last-minute attempt to win over voters in Louisiana, where the bill has gained public support. Read MorePrivate equity bets on 'revolution'—in oil and gas The House passed Cassidy's version of the bill on Friday. Earlier in the year, the State Department concluded that the project would create 42,100 jobs and about $2 billion in earnings throughout the country. However, it defined those jobs as lasting for about a year. Proponents of the construction argue it would help the U.S., which still imports about 30 percent of its oil supply, move away from relying on energy sources in unstable areas of the world. However, environmental activist who oppose the pipeline say it would jeopardize public health and spike carbon emissions. The White House has indicated that President Barack Obama would veto the bill if it passed. Read MoreCracks widen at OPEC as oil prices tumble

The Democrat-controlled Senate failed to gather the 60 votes it needed to approve the construction of the Keystone XL pipeline.

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http://www.cnbc.com/2014/12/16/fed-should-focus-on-us-strength-not-russia-lavorgna.html

http://web.archive.org/web/20150924103152id_/http://www.cnbc.com/2014/12/16/fed-should-focus-on-us-strength-not-russia-lavorgna.html

Fed should focus on US strength, not Russia: LaVorgna

The Federal Reserve should not worry about debt concerns abroad and should instead focus on the strength of the U.S. economy at its Federal Open Market Committee meeting, Deutsche Bank's chief economist told CNBC on Tuesday. Russian companies face $160 billion in dollar-denominated debt repayments in the next 12 to 18 months, raising concerns of default as the ruble plummets. The Russian central bank hiked rates 6.5 percentage points on Monday night, but the action failed to stem a rapid depreciation of the ruble against the dollar. Plunging crude prices also worry some market watchers because a number of oil-producing nations may have trouble servicing their debt. Read More Ticking time bombs: Where oil's fall is dangerous Deutsche Bank's Joseph LaVorgna said there is little chance of contagion because banks are better capitalized and are not as leveraged as they were during the 1998 Russian financial crisis. The Fed should base a decision on interest rate policy on conditions in the U.S. economy, rather than financial markets, he told "Squawk on the Street." It has become more likely that unemployment will move lower and wage pressures and core inflation will ultimately move higher, LaVorgna added, giving the Fed a reason to alert the market that it will begin to let interest rates rise. "I hope they do it, but again, this Fed has generally aired on the side of being dovish, and they've chickened out a few times, so we'll see," said LaVorgna. A Fed decision to remove language that it will wait a considerable amount of time to take action on interest rates is unlikely to impact equities significantly because traders widely anticipate that announcement, said Mark Luschini, chief investment strategist at Janney Capital Management. Read More Cashin: Why it's not like 1998 all over again Recent comments by Fed Vice Chair Stanley Fischer suggest that the central bank is ignoring what is happening abroad, he told "Squawk on the Street." Consequently, the Fed's domestic focus gives it the cover to remove dovish language and hint that expectations for rate hikes beginning in mid-2015 are appropriate. The current downturn in stock prices should be viewed optimistically as the U.S. economy shows signs of strengthening, said Luschini. "We still believe equities six to 12 months out are going to be a far more rewarding experience for investors than bonds or cash," he said. Provided the U.S. does not import weak growth from abroad, equity markets should get their legs back after the New Year if not before Christmas, Luschini said. While the strong dollar and suppressed growth overseas are cause for concern among multinationals, U.S. corporate profits ought to remain reasonably healthy in light of the domestic situation, he said.

The strength of the U.S. economy should outweigh weakness abroad as the Fed considers interest rates, Deutsche Bank's Joseph LaVorgna said.

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http://www.theguardian.com/artanddesign/2010/jan/04/dubai-tower-opening/amp

http://web.archive.org/web/20150925013937id_/http://www.theguardian.com/artanddesign/2010/jan/04/dubai-tower-opening/amp

Burj Dubai set to open as world's tallest building

Crews of cleaners today rushed to finalise preparations for the grand inauguration of the Burj Dubai, the tallest building in the world. With batteries of fireworks and an invited crowd of 6,000 guests, the rulers of the Gulf emirate will tonight attempt to convince the world that their financial troubles have been overstated with a lavish celebration of a glass and steel building that tapers almost a kilometre into the sky. Dubai's ruler, Sheikh Mohammed bin Rashid al-Maktoum, is expected to make a triumphal ascent of the spire-shaped tower which rises over 800m from the Arabian desert. He will announce the exact height this evening in a move intended to draw a line under the country's financial crisis, which has left a trail of outstanding creditors. "Crises come and go, and cities move on," said Mohamed Alabbar, chairman of Emaar Properties, the state-owned developer of the building. "You have to move on. Because if you stop taking decisions, you stop growing." With swimming pools on floors 43 and 76 and plans for the world's highest mosque on the 158th floor, the $1bn "superscraper" dwarfs both the world's previous tallest building, the 508m tall tower 101 in Taipei, and the 629m KVLY-TV mast in North Dakota, the tallest man-made structure. It is so high, the temperature is said to be 10C cooler at the zenith than at the base. But with many investors in the building's 1,044 apartments already facing losses after property prices in Dubai slumped, the Burj's owners are struggling to present their architectural achievement as anything but a pyrrhic victory. The offices and most of the flats are still an estimated two months from completion and the emirate's neighbours in Saudi Arabia and Abu Dhabi, which provided Dubai with a £15bn bailout last year, are also understood to be unimpressed at the ostentation of the building. The fountain outside cost a reported £133m and the 160 room hotel was designed by fashion designer Georgio Armani and boasts a nightclub, two restaurants and a spa. Meanwhile, labourers on the project, including many immigrants from Pakistan, India and Bangladesh, earned low wages. Skilled carpenters took home just £4.34 a day and labourers, £2.84. Security is expected to be tight. Local newspapers quoted Major General Mohammed Eid al-Mansouri, head of the protective security and emergency unit for Dubai police, saying more than 1,000 security personnel, including plainclothes police and sharpshooters, will be deployed to secure the site for the opening. But even by the standards of an emirate which has created miles more beach front by building vast islands from millions of tonnes of sand in the shapes of palms, the tower stands out as Dubai's most remarkable achievement. Around 12,000 people are expected to live and work in the tower which is part of a 500-acre development known as "downtown" Burj Dubai. Alabbar said Burj Dubai was "another demonstration of Dubai's ability to achieve what few people thought possible". "The tower is a global icon," he said. "It represents the determination and optimism of Dubai as a truly world city. It is a powerful symbol for the entire Arab world."

Sheikh Mohammed bin Rashid al-Maktoum expected to ascend the 800m Burj Dubai during lavish opening party

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http://www.cnbc.com/2014/11/07/from-shampoo-to-start-ups-jj-joins-tech-frenzy.html

http://web.archive.org/web/20150925063359id_/http://www.cnbc.com/2014/11/07/from-shampoo-to-start-ups-jj-joins-tech-frenzy.html

From Shampoo to start-ups: J&J joins tech frenzy

Co-working spaces and tech incubators have popped up across the country (and world) in recent years with names like Atlanta Tech Village, The Brandery in Cincinnati, 1871 in Chicago (named after the year of the Great Chicago Fire) and Arkansas Regional Innovation Hub. Silicon Valley's Y Combinator remains the best known, thanks to helping launch start-ups like Dropbox, Airbnb and Stripe. Plug and Play needs to attract the top entrepreneurs, because its success and reputation will be determined by the fortunes of its participants. Companies that have been housed at Plug and Play in the past include online lender LendingClub and Zong, a payments start-up acquired by PayPal. In addition to its history in Silicon Valley and connections to all the major regional institutions, Plug and Play has global reach, with operations in Europe, the Middle East and Latin America. Amidi still makes money from renting desk space to start-ups that call Plug and Play home, but he's also becoming a bigger part of the investing game with select companies. Kohl's, a 52-year-old retailer based in Menomonee Falls, Wisconsin, is about the farthest thing from an agile Silicon Valley start-up. Like Johnson & Johnson, Kohl's is elbowing its way into the tech community, seeking an edge in a brutally competitive market that's evident when driving by any American strip mall. Read MoreKohl's having a renaissance: Cramer In May, Kohl's joined Plug and Play's retail accelerator. That led to a deal with Augmented Pixels, a start-up in the program that's focused on augmented and virtual reality. There's not much Augmented Pixels can do for actual products from Kohl's. A shirt is a shirt, couch is a couch. But the buying experience is a different matter. What if you could take a spin through the Kohl's online catalog using an iPad, find a recliner that you like and see almost exactly how it would look in your living room, or if blue would go better than green? If you don't like it by the coffee table, slide it over by the fire place. Vitaliy Goncharuk, the Ukrainian founder of Augmented Pixels, allows exactly that. His company, which has raised less than $1 million in private capital, would have struggled to connect with Kohl's on its own. Starting in early 2015, Kohl's customers will see and virtually touch Goncharuk's technology because of Plug and Play. "They bring clients to me," said Goncharuk. "You meet with high level, C-level people. It's very efficient for start-ups." Here's what State Farm, the 92-year-old insurer, said in an e-mailed statement: "Our relationship with Plug and Play helps us in a number of ways, including providing early awareness and access to start-ups, opportunities to collaborate with other non-competing corporate entities, and a forum for discussions with the Silicon Valley venture capital and educational communities."

Johnson & Johnson is partnering with Plug and Play's Internet of Things Accelerator, joining Bosch and State Farm in the start-up hunt.

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http://www.cnbc.com/2015/08/12/reuters-america-update-1-safricas-biggest-coal-sector-union-rejects-revised-wage-offer.html

http://web.archive.org/web/20150925130840id_/http://www.cnbc.com/2015/08/12/reuters-america-update-1-safricas-biggest-coal-sector-union-rejects-revised-wage-offer.html

UPDATE 1-S.Africa's biggest coal sector union rejects revised wage offer

(Adds union comment and background) JOHANNESBURG, Aug 12 (Reuters) - South Africa's National Union of Mineworkers (NUM) rejected salary increases between of 5 percent to 6.5 percent on Wednesday from the employers' body, the Chamber of Mines, and said the offer was "insulting." Workers want pay increases of up to 15 percent, while the chamber - which represents firms such as Glencore, Anglo American Coal and Exxaro - had offered a revised wage hike from its initial offer of between 4 to 6.5 percent. "We feel that offer is an insult. We know that commodity prices are low but we have a mandate from our members and we have to fight for better increases," the NUM's acting spokesman Livhuwani Mammburu told Reuters. The Chamber of Mines tabled its revised offer on Tuesday and is meeting with unions again on Wednesday and could possibly offer a further increase. Coal prices are at near-decade lows and have fallen around 10 percent this year on a supply glut and expectations are that demand from top consumer China will shrink further. The smaller Solidarity union, which represents mostly professional workers in the sector, is asking for a 9 percent pay hike. (Reporting by Peroshni Govender; Editing by James Macharia)

JOHANNESBURG, Aug 12- South Africa's National Union of Mineworkers rejected salary increases between of 5 percent to 6.5 percent on Wednesday from the employers' body, the Chamber of Mines, and said the offer was "insulting." Workers want pay increases of up to 15 percent, while the chamber- which represents firms such as Glencore, Anglo American Coal and Exxaro- had...

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http://www.cnbc.com/2015/08/27/pr-newswire-back-to-school-boost-duke-energy-awards-3-million-in-education-grants.html

http://web.archive.org/web/20150925190414id_/http://www.cnbc.com/2015/08/27/pr-newswire-back-to-school-boost-duke-energy-awards-3-million-in-education-grants.html

Back-to-school boost: Duke Energy awards $3 million in education grants

RALEIGH, N.C., Aug. 27, 2015 /PRNewswire/ -- Students and teachers are getting a back-to-school boost through grants totaling $3 million to more than 50 schools and educational organizations in North Carolina. The grants, from the Duke Energy Foundation, will enhance programs and initiatives focused on childhood reading proficiency, along with science, technology, engineering and math (STEM). "It is essential that our children are well-equipped with the basic skills needed to thrive in the classroom and in life," said David Fountain, Duke Energy's incoming North Carolina president. "We're proud to support these organizations and their efforts to give our students the best chance for success – from kindergarten through high school." The Duke Energy Foundation awarded $865,000 to childhood literacy programs aimed at closing the achievement gap and ending the cycle of poverty that often separates low-income students from their peers. The remaining $2.17 million supports STEM initiatives that provide real-world relevancy and engaging experiences to prepare students to enter math and engineering career fields. Three recipients include NC New Schools/Breakthrough Learning, Communities In Schools of North Carolina, and Teach for America. "Duke Energy recognizes that a deep foundation in science and mathematics for all students is essential for our state's competitive edge," said Tony Habit, president of NC New Schools/Breakthrough Learning. "We value our partnership with Duke Energy to support our teachers and provide them the resources they need to build their knowledge and skills in delivering high-quality STEM education. The generous investment by Duke Energy over the years represents a promise of a bright future for North Carolina students." "Communities In Schools of North Carolina has had a long-standing partnership with public schools all across our state to bring dynamic wraparound services into schools to drive strong student outcomes in attendance, behavior and coursework – the best predictors of student success," said Dr. Eric Hall, president and CEO of Communities In Schools of North Carolina. "Thanks to a grant from Duke Energy, CISNC is closing the summer reading gap for students living in poverty in Western North Carolina. Also, at the beginning of the school year, we will launch a reading program in Eastern North Carolina using technology to propel reading success in the elementary setting. Together, CISNC and Duke Energy are working to change the picture of education for students all across North Carolina." "Duke Energy is helping to build the next generation of scientists, engineers, doctors, and innovators in our state," said Tim Hurley, Teach For America-Charlotte executive director. "Thanks to their support, we've been able to increase the number of STEM teachers we bring to North Carolina, thereby helping to address a serious gap in STEM educational opportunity, particularly in our rural communities. These talented educators spark imagination, curiosity and creativity in their students, all while preparing them to be the leaders on which our shared future depends." The Duke Energy Foundation provides philanthropic support to address the needs vital to the health of its communities. Annually, the Foundation funds more than $25 million in charitable grants, with a focus on education, environment, economic and workforce development, and community impact. Duke Energy has long been committed to supporting the communities where its customers and employees live and work, and will continue to build on this legacy. For more information, visit www.duke-energy.com/foundation. Follow Duke Energy on Twitter, LinkedIn and Facebook. Contact: Meredith Archie Office: 919.546.2109 24-Hour: 800.559.3853 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/back-to-school-boost-duke-energy-awards-3-million-in-education-grants-300134303.html

"It is essential that our children are well-equipped with the basic skills needed to thrive in the classroom and in life," said David Fountain, Duke Energy's incoming North Carolina president. We value our partnership with Duke Energy to support our teachers and provide them the resources they need to build their knowledge and skills in delivering...

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http://www.cnbc.com/2015/06/04/inequality-troubles-americans-across-party-lines-timescbs-poll-finds.html

http://web.archive.org/web/20150925234003id_/http://www.cnbc.com/2015/06/04/inequality-troubles-americans-across-party-lines-timescbs-poll-finds.html

Inequality troubles Americans across party lines, Times/CBS poll finds

These findings help explain the populist appeals from politicians of both parties, but particularly Democrats, who are seeking to capitalize on the sense among Americans that the economic recovery is benefiting only a handful at the very top. Far from a strictly partisan issue, inequality looms large in the minds of almost half of Republicans and two-thirds of independents, suggesting that it will outlive the presidential primary contests and become a central theme in next year's general election campaign. Americans overwhelmingly favor a variety of proposals aimed at strengthening workers' rights, including paid sick leave and paid family leave, the latest New York Times/CBS News poll finds. A majority, moreover, continues to support raising the federal minimum wage to $10.10. "There is a small group of people in our country who own or control a vast majority of the wealth," Stephanie Alteneder, 28, a Democrat and a high school teacher from Los Angeles, said in a follow-up interview. "There are a lot of systems set up so that the people who have money get to make more of it." The percentage of Americans who say everyone has a fair chance to get ahead in today's economy has fallen 17 percentage points since early 2014. Six in 10 Americans now say that only a few people at the top have an opportunity to advance. The nationwide telephone poll, conducted on landlines and cellphones May 28-31 with 1,022 adults, has a margin of sampling error of plus or minus three percentage points. More from the New York Times: The survey touched on several issues relating to the economy and the workplace, showing that four in five Americans support requiring employers to offer paid parental leave, and even more support paid sick leave. A majority also favors requiring chain stores and fast-food restaurants to inform workers of scheduling changes two weeks in advance or to compensate them with additional pay if they fail to do so. Seven in 10 Americans support an increase in the federal minimum wage to $10.10 from $7.25 an hour, although Republicans are about evenly divided on the question. Americans were also skeptical of free trade. Nearly two-thirds favored some form of trade restrictions, and more than half opposed giving the president authority to negotiate trade agreements that Congress could only vote up or down without amending, a White House priority. Nearly six in 10 Americans said government should do more to reduce the gap between the rich and the poor, but they split sharply along partisan lines, according to a New York Times/CBS News poll. Still, it was Americans' views on the distribution of money and opportunity in the country that were most striking. More than half of higher-income Americans said that money and wealth should be more evenly distributed. Across party lines, most Americans said the chance to get ahead was mainly a luxury for those at the top. "People have to get a high school education and they have to go to college as well, and then they go out there and can only get a low-paying job," said Betty Burgess, 70, a retired textile worker from Lincolnton, N.C., who is a Republican. Almost three-quarters of respondents say that large corporations have too much influence in the country, about double the amount that said the same of unions. However, a majority of Americans said that workers who did not want to join a union at their workplace should be able to opt out of paying union fees, even as they benefit from the union's protection and bargaining efforts. Unions generally oppose these right-to-work measures. The phenomenon of public frustration about inequality rising several years into a recovery is not unprecedented. According to data that Leslie McCall, a professor at Northwestern University, has culled from the General Social Survey, a biennial survey by the National Opinion Research Center at the University of Chicago, some measures of concern about inequality rose steadily after the 1990-91 recession and did not peak until 1996, after which they fell for several years. The source of the resentment, Professor McCall said, was that "people think the returns to economic growth should be going to people like them as much as they should be going to people at the top." The poll also included a variety of intriguing findings about what Americans think should be done to reduce inequality. Six in 10 Americans opposed requiring fast-food chains and other employers of hourly workers to raise wages to at least $15 an hour, the aim of a two-and-a-half year nationwide campaign led in part by a major union. (On Tuesday, Francis Slay, the mayor of St. Louis, threw his weight behind an effort to gradually raise the minimum wage there to $15 an hour by 2020, following similar moves in Los Angeles, San Francisco and Seattle in recent years.) When asked about the other end of the income spectrum, two-thirds of Americans favored raising taxes on people with annual salaries exceeding $1 million. By 50 to 45 percent, they favored capping the income of top executives at large corporations, a measure that more than one-third of Republicans supported as well. —Megan Thee-Brenan and Marina Stefan contributed reporting.

Americans are broadly concerned about inequality of wealth and income and this is driving the 2016 presidential contest, according to a New York Times/CBS News poll. The NYT reports.

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http://www.cnbc.com/2013/09/25/wal-mart-cutting-us-orders-amid-inventory-backlog-report.html

http://web.archive.org/web/20150926135011id_/http://www.cnbc.com/2013/09/25/wal-mart-cutting-us-orders-amid-inventory-backlog-report.html

Wal-Mart cutting US orders amid inventory backlog: report

Amid an inventory backlog, Wal-Mart Stores is cutting U.S. orders, but not across the board, according to a Bloomberg report on Wednesday that the discount giant called "misleading." Wal-Mart shares rebounded from a drop of almost three percent after Wal-Mart's response. Wal-Mart spokesperson David Tovar told CNBC "the entire story is misleading" and the claim that Wal-Mart is cutting orders because inventories were piling up is "completely false." He added that the company has hundreds of inventory categories and that it is constantly managing inventory levels based on consumer demand in different markets. (Read more: Wal-Mart's holiday hiring plans) Bloomberg reported that an ordering manager at its Bentonville, Ark., headquarters described the pullback to a supplier, who said other suppliers got similar messages. "We are looking at reducing inventory for Q3 and Q4," said the email, Bloomberg reported.

Amid an inventory backlog, Wal-Mart Stores is cutting US orders, according to a Bloomberg report that the discount giant called "misleading."

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http://www.cnbc.com/2015/07/28/reuters-america-update-1-dairy-trade-impasse-holding-up-pacific-trade-deal-nz-envoy.html

http://web.archive.org/web/20150926225916id_/http://www.cnbc.com/2015/07/28/reuters-america-update-1-dairy-trade-impasse-holding-up-pacific-trade-deal-nz-envoy.html

UPDATE 1-Dairy trade impasse holding up Pacific trade deal -NZ envoy

(Adds U.S. dairy industry view) LAHAINA, Hawaii, July 28 (Reuters) - The United States, Canada and Japan have to make concessions on dairy trade before a wider Pacific trade deal can be wrapped up, New Zealand's agricultural trade envoy said on Tuesday. Mike Petersen, a farmer who represents the interests of New Zealand agriculture, said the dairy part of the Trans-Pacific Partnership negotiations was at an impasse. During four days of meetings in Hawaii this week, TPP ministers hope to wrap up the 12-nation deal, which would cut tariffs and set common ground on issues such as environmental standards and intellectual property protections for 40 percent of the world economy. "It's like a set of dominos, we are waiting for one country to effectively make a move and that will trigger a whole lot of other things for other countries in the talks," he told Reuters. "The level of ambition for the dairy part of these talks is just not where we need it to be, and so we need some real movement over the next few days if we are going to get these talks concluded. "We have got to see movement with Canada and the USA, Japan and New Zealand and Australia in particular, that's where the dairy things lie," Petersen said. One TPP diplomat said countries were closing out issues of less importance, which boded well for reaching agreement on more contested issues this week. While New Zealand and Australia are pressing for more dairy exports to U.S., Canadian and Japanese markets, U.S. milk producers are eyeing more access to Japan and Canada to make up for any extra imports into the United States from countries such as New Zealand. Jaime Castaneda, senior vice president at the U.S. Dairy Export Council, said the U.S. industry was prepared to match other countries in cutting tariffs. "Once Canada makes a credible market access offer, all the other pieces will fall into place," he said. According to material prepared for the meetings by the Dairy Companies Association of New Zealand, the European Union has 30 percent of global dairy trade, New Zealand has 17 percent and the United States 13 percent, with the U.S. share having tripled since 2003. Within the 12-nation TPP trade network, the United States has nearly half the dairy market, compared with New Zealand at 30 percent. The majority of New Zealand dairy farmers will not break even this year, the presentation said. (Editing by Louise Ireland and Ken Wills)

LAHAINA, Hawaii, July 28- The United States, Canada and Japan have to make concessions on dairy trade before a wider Pacific trade deal can be wrapped up, New Zealand's agricultural trade envoy said on Tuesday. "We have got to see movement with Canada and the USA, Japan and New Zealand and Australia in particular, that's where the dairy things lie," Petersen said.

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http://www.cnbc.com/2015/09/02/pr-newswire-nextlesson-raises-seed-round-from-prominent-silicon-valley-entrepreneurs-to-accelerate-personalized-learning.html

http://web.archive.org/web/20150927062455id_/http://www.cnbc.com/2015/09/02/pr-newswire-nextlesson-raises-seed-round-from-prominent-silicon-valley-entrepreneurs-to-accelerate-personalized-learning.html

NextLesson Raises Seed Round from Prominent Silicon Valley Entrepreneurs to Accelerate Personalized Learning

SAN FRANCISCO, Sept. 2, 2015 /PRNewswire/ -- NextLesson, a K-12 developer of personally relevant curriculum, today announced a $2.9 million convertible note seed financing from leading Silicon Valley entrepreneurs. NextLesson will use these funds to accelerate school district sales nationwide, expand its interactive platform and grow curriculum coverage. Notable participants in the round include: Marc Benioff, Chairman and CEO of SalesforceMichael Birch, CEO and Co-Founder of BeboDrew Houston, CEO and Co-Founder of DropboxThomas Layton, Executive Chairman of Upwork, Former CEO of OpenTableMarissa Mayer, CEO and President of Yahoo!Jeremy Stoppelman, CEO and Co-Founder of YelpNirav Tolia, CEO and Co-Founder of Nextdoor "Our vision is to make learning relevant by engaging students in real world problem solving through topics they care about," said Dion Lim, Founder and CEO of NextLesson. "This funding represents a confirmation of NextLesson's vision and vote of confidence in our long-term strategy." Since 2013, NextLesson has focused on engaging students by combining personal relevance, rigor and real world context -- engaging over 2 million students and 50,000 teachers in school districts across the country. "Education technology arms students with the tools and skills they need to succeed in the real world," said Marc Benioff, Chairman and CEO of Salesforce. "NextLesson has developed an innovative platform for teachers to engage their students at a deeper level." NextLesson's platform also recommends lessons to teachers using relevancy algorithms based on students' interests. The company recently released InterestID, a free student interest discovery tool which highlights lessons tied to students' top interests. "People are always most engaged and effective when their work feels relevant. Students are no different," said Thomas Layton, Executive Chairman of Upwork. "They want their learning to have significance and meaning to their goals and dreams." "Educators have consistently told us their top priorities are engaging students, developing critical thinking and connecting students to the real world. NextLesson is building a comprehensive solution to map the world into the classroom with a personalized curriculum for students, easy standards-based lesson planning for teachers and effective administration tools for school districts," said Lim. NextLesson is a K-12 developer of personally relevant curriculum utilized by 2 million students and 50,000 teachers in school districts across the country. NextLesson offers teachers 8,000 standards-aligned projects and lessons that are relevant, rigorous and based on real world scenarios. Founded in 2013, NextLesson was the #1 app in the Edmodo Store in 2013 and 2014, and its Performance Tasks line was named a 2015 REVERE Awards finalist for Supplementary Mathematics Resources. The company is privately held and based in San Francisco, Calif. Learn more at http://www.nextlesson.org. Media Contact: NextLessonBonnie Burgart [email protected](415) 766-7927 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/nextlesson-raises-seed-round-from-prominent-silicon-valley-entrepreneurs-to-accelerate-personalized-learning-300136550.html

SAN FRANCISCO, Sept. 2, 2015/ PRNewswire/-- NextLesson, a K-12 developer of personally relevant curriculum, today announced a $2.9 million convertible note seed financing from leading Silicon Valley entrepreneurs. Marc Benioff, Chairman and CEO of Salesforce Michael Birch, CEO and Co-Founder of Bebo Drew Houston, CEO and Co-Founder of Dropbox Thomas Layton,...

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http://www.cnbc.com/2013/06/18/Job-Hunting-Gifts-for-Graduates.html

http://web.archive.org/web/20150927063839id_/http://www.cnbc.com/2013/06/18/Job-Hunting-Gifts-for-Graduates.html

Job Hunting Gifts for Graduates

Wondering what to get your favorite graduate? Chances are he or she could use some help getting started in the world of work. Unemployment among college graduates is under 4 percent, but a significant share of those employed are not working in their chosen fields. Whether for a graduate heading to a hot job or one hunting for career gratification, these accoutrement will come in handy. —By CNBC's Kelley Holland Posted 18 June 2013

Whether a graduate is heading to a hot job or hunting for career gratification, these accoutrement will come in handy.

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http://www.cnbc.com/2015/05/25/singapore-1q-gdp-up-26-on-year-beating-expectations.html

http://web.archive.org/web/20150927072138id_/http://www.cnbc.com/2015/05/25/singapore-1q-gdp-up-26-on-year-beating-expectations.html

Singapore 1Q GDP up 2.6% on-year, beating expectations

Singapore's economy grew at a faster than expected pace in the first quarter than earlier thought, data showed on Tuesday. The city-state's gross domestic product (GDP) expanded an annualized 2.6 percent from the year before, the Ministry of Trade and Industry (MTI) said, beating the advance estimate of 2.1 percent and better than the 2.2 percent forecast in a Reuters poll. Quarter on quarter, the economy expanded an annualized 3.2 percent, much stronger than the 1.1 percent advance estimate and topping the 1.8 percent print expected. The figure was boosted by resilience in the manufacturing and services sectors. Manufacturing activity shrank 2.7 percent from a year earlier, but that was still an upward revision from a 3.4 percent contraction in the advance estimate. Growth in services-producing industries was revised up to 3.8 percent on year from the advance estimate of 3.1 percent. "The better out-turn was driven by the services sector – led by wholesale and retail trade – which was supported by a surge in exports towards the end of the quarter," according to a note from Barclays. "Manufacturing output was also not as weak as initially feared, with the q/q contraction in the advance estimate revised to a flat reading," it added.

Gross domestic product expanded an annualized 2.6 percent from the year before, topping the advance estimate of 2.1 percent.

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http://www.cnbc.com/2015/05/27/americans-more-optimistic-despite-mild-improvements-in-well-being-fed-survey.html

http://web.archive.org/web/20150927083154id_/http://www.cnbc.com/2015/05/27/americans-more-optimistic-despite-mild-improvements-in-well-being-fed-survey.html

Americans more optimistic despite 'mild improvements' in well-being: Fed survey

Still, the central bank found pain points in examining factors including housing, savings, student loans and retirement, among others. The most common reason for renters not being able to afford a home was inability to pay a down payment. Read MoreEconomists, markets mixed on 2015 rate hike Nearly half of part-time workers said they would prefer to work more hours at their current wage. While 63 percent of respondents noted that they had saved at least some money in the year leading up to the survey, 20 percent said they spent more than they made in that period. Roughly 40 percent of non-retirees had given little or no thought to retirement planning, while 31 percent had no retirement savings or pension. About 5,900 responded to the survey, which the Fed conducted last October. It emphasized surveying individuals with incomes under $40,000 to accurately compare demographics. Read MoreRates rising in 2015 if economy improves: Yellen

Americans took a more optimistic outlook on their economic future last year despite only "mild improvements" in their well-being.

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http://www.cnbc.com/2015/05/27/dollar-could-be-getting-ready-to-roar.html

http://web.archive.org/web/20150927083628id_/http://www.cnbc.com/2015/05/27/dollar-could-be-getting-ready-to-roar.html

Dollar could be getting ready to roar

One of the more dramatic moves of the dollar has been against the yen, which hit a more than 12-year low overnight of 124.30. The dollar index was also higher Thursday, as the euro slid back to $1.08. "To us, it seems like that's the cleanest trade on U.S. rates. The reason it kind of moved as much as it did over the last several days ... is our positioning indicator was telling us people were the least short of yen since the start of Abenomics," Serebriakov said, referring to the economics and easy money policy of Japanese Prime Minister Shinzo Abe. Serebriakov and other strategists said the dollar's course could be determined in the next several days by a number of important events, not the least of which will be the May employment report June 5. Read MoreChina steps closer to giving the dollar a run "It (the dollar) went sideways to lower for two months and look what happened. The euro just fell 6 cents in seven sessions," said Marc Chandler, chief currency strategist at Brown Brothers Harriman. He said the reasons for the reversal include the European Central Bank decision to move up its bond-buying schedule ahead of the summer as well as recent comments from Fed Chair Janet Yellen and Vice Chairman Stanley Fischer about the potential for rate hikes by the U.S. central bank this year. Read MoreThe most important sign a dollar breakout is coming "Next week is going to be the mother of all weeks," said Chandler, noting there's an ECB meeting, jobs data Friday, OPEC gathering Friday and Australian central bank meeting Wednesday. On top of that, Greece has a debt payment due. This week, there is also revised first-quarter GDP Friday, and a G-7 meeting underway this week in Dresden, Germany. The dollar could consolidate into the big events, such as next Friday's jobs data, said Chandler. If the employment report is solid enough, it could also launch the greenback on another move higher as traders speculate the economy could be strong enough to move up the anticipated timing of a Fed rate increase. While a number of factors drove the rally, what will keep the dollar moving higher is the difference between the Federal Reserve's moves toward tightening as other central banks, like the ECB and Bank of Japan, remain easy. "The divergence of monetary policy gives the dollar rally longer legs—if not in time, in magnitude," Chandler said. Boris Schlossberg, managing director, foreign exchange strategy at BK Asset Management, said Yellen was the biggest factor pushing the dollar higher. While her comments were not a new view from the Fed, Schlossberg said the fact that Yellen on Friday was more strident in comments about a rate hike helped send the dollar higher. "She's the only one that matters. The chairwoman is now of the mind that, 'Yes, we are probably going to raise rates before the end of the year,'" said Schlossberg. "Basically her view is: 'It's just a matter of us getting a couple of better data points, and we're ready to go.'" Schlossberg said he believes bond yields are actually leading the move higher in the dollar. The two-year yield has edged higher—to about 0.65 percent—in recent sessions, while rates at the long end stayed contained, closing the gap between the two—or flattening the curve. A flatter curve is seen as a sign of higher rates. "I think the question is are we going back to those March/April (euro) lows of around $1.05," said Serebriakov. "I don't think it will be as fast as the last couple of days. At this point, we might need to wait until the next nonfarm payrolls before getting momentum, and from there, if the market reprices September, which we think is likely ... I think we should be back at those levels by the end of June." The market is currently pricing in the first Fed rate hike for December, while previously it had been September. The expectations shifted slightly back toward September after Yellen spoke Friday. The euro seesawed against the dollar Wednesday on a variety of headlines related to Greece's debt talks. That helped push the dollar index lower. But it was the move in dollar/yen that strategists were watching. Dollar/yen temporarily crossed above the psychologically important level of 124 for the first time since June 2007, setting the stage for Thursday's move higher. Bank of Japan Governor Haruhiko Kuroda said early Thursday from Dresden that he does not believe major exchange rates deviate substantially from economic fundamentals. But Serebriakov does not see the move in U.S. rates as being aggressive enough to support the dollar's recent rally. "Rates flattened since last week, but in terms of what's priced into the U.S. curve, it's still very dovish in terms of both the starting point and the trajectory." He said the two-year had a high yield of 0.70 in March and it's still well below that. "If market's do start repricing, we should be breaking through that level," Serebriakov said. On Wednesday, buying in the long end of the curve drove the 10-year yield to 2.13 percent in late afternoon, while selling supported yields at the short end. The 10-year was flat Thursday morning, and the 2-year continued to find support above 0.64 percent. Serebriakov said the dollar rally, if it continues, will be a different kind than that previously led by other central bank easing. The dollar index is up 21 percent in the last year. "There's Greece, back and forth in terms of headlines. It moves the market intraday, but it's not very directional. We're really looking to the U.S. to give us direction," he said. "The question is, is this a different dollar rally. I think it should be if the Fed is hiking in September." Read MoreThe Street wanted more from Yellen

With a potential Fed rate hike as a tailwind, the dollar rally looks set to resume and it could be powerful.

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http://www.cnbc.com/2015/06/04/a-solution-to-working-couples-chore-wars.html

http://web.archive.org/web/20150928000429id_/http://www.cnbc.com/2015/06/04/a-solution-to-working-couples-chore-wars.html

A solution to working couples' 'chore wars'?

Women may be leaning in and climbing corporate ladders, but on the homefront, couples often still divide chores like it's 1965. It turns out that same-sex couples are much less likely to use traditional standards for allocating chores. A newly released survey by the Families and Work Institute of 225 dual-earner couples found that, for the most part, same-sex couples used "a lot of mixing and matching" to divvy up household duties, said Kenneth Matos, the institute's senior director of research. While that doesn't mean they share all responsibilities, there are lessons straight couples might learn from the process many same-sex couples use to divvy up household tasks. Read MoreChore wars for working parents Overall, the study found that same-sex couples tend to share more duties and assign various chores based on personal preference, while straight couples tend to slip back into traditional gender roles, with women, lower earners, and those with fewer work hours, taking primary responsibility for stereotypical female chores. While the survey, which included 103 same-sex couples and 122 straight couples, found that same-sex couples did not have an "overabundance" of shared responsibilities, it found a greater proportion of same-sex couples do share the laundry, household repair and child care responsibilities than dual-income straight couples do. In fact, same-sex couples were much more likely to share child care duties, the study found. About 74 percent of the same-sex couples shared routine child care and 62 percent shared sick child care, versus 38 percent of straight couples sharing routine child care and just 32 percent sharing the care of sick children. (Tweet this) Part of the difference may stem from the fact that same-sex couples have already broken out of the normative family structure, said Matos. Male-female couples "sort of have a template," he said. "There is a lot of going ... really fast into the traditional gender roles and then saying, 'Wait a second, this isn't really where I want to be.' " Same-sex couples, in contrast, have already broken a mold, so they can have "a richness of imagination" when they divide domestic chores.

Opposite-sex couples tend to divide housework more traditionally than gay couples, but is that really a problem? You'd be surprised.

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http://www.cnbc.com/2015/06/08/how-to-control-health-costs-like-a-boss-pass-the-buck.html

http://web.archive.org/web/20150928123149id_/http://www.cnbc.com/2015/06/08/how-to-control-health-costs-like-a-boss-pass-the-buck.html

How to control health costs like a boss: Pass the buck

While the cost-sharing trend began before Obamacare, researchers say more employers are making changes to lower plans' costs before the so-called Cadillac tax takes affect in three years. One in four large companies has dropped traditional health plan coverage and now offers only high-deductible plans, according to PwC's "Behind The Numbers 2016" report. That's up 40 percent from a year ago, and an increase of 300 percent from 2009. Read MoreInflection point for health-care costs For workers, the shift has meant a big jump in out-of-pocket costs. Health-plan deductibles for in-network care have gone from an average of $600 in 2009 to $1,200 this year, according to PwC, citing data from Gallup. Along with benefit changes, employers have added more health-care advisors, support programs and mobile search tools to help workers choose more affordable medical care options. "It's certainly putting consumers in the driver's seat, whether they want to be there or not," said Thompson. Read MoreWill these big Obamacare rates get approved? The report cautioned employers to be careful about shifting too much of the cost burden to workers, because it could backfire. Some employees may avoid getting care for chronic ailments until they're sick, which could make treating their disease costlier in the long run.

Employer health-care costs will rise 6.5 percent, the slowest rate in 10 years, according to a forecast from PwC on medical cost trends.

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http://www.cnbc.com/2015/06/10/el-nino-cloud-hangs-over-asian-stimulus.html

http://web.archive.org/web/20150928144043id_/http://www.cnbc.com/2015/06/10/el-nino-cloud-hangs-over-asian-stimulus.html

El Niño cloud hangs over Asian stimulus

This year's rainfall is already expected to be below average and the additional impact from El Niño could see a return of high consumer price inflation, said Radhika Rao, economist at DBS. "Assuming food inflation quickens to 7.5 percent on year in 2015, headline inflation could rise above the RBI's 2-6 percent inflation target." That will derail India's disinflationary trend, and delay rate cuts until the end of the year, she added. Read MoreRBI cuts rates forthird time this year In the Philippines, drier-than-normal weather conditions have seen vegetable prices rise and with a strong El Niño looming, the central bank won't be taking any chances despite a drop in near-term inflationary pressures, Barclays said in note. "We continue to think it is unlikely the BSP will join other central banks in easing monetary policy. We forecast the next policy move to be a hike, most likely in the fourth-quarter." Bucking the trend, the Bank of Thailand will likely be less concerned about price pressures, said BoFA's Chua. "Thailand may be better placed this time given the large rice inventory (which will benefit from higher food prices), a more diversified economy, and negative headline inflation." The central bank left its benchmark interest rate unchanged at its policy review on Wednesday following two straight cuts.

Severe weather shocks could hit central banks' scope for stimulating emerging markets, economists have warned.

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http://www.cnbc.com/2015/06/10/iron-ore-holds-four-month-peak.html

http://web.archive.org/web/20150928151125id_/http://www.cnbc.com/2015/06/10/iron-ore-holds-four-month-peak.html

Iron ore holds four-month peak

"The available choice of cargoes for some mills is still rather limited, but I don't think they're in a rush to buy now," said an iron ore trader in Shanghai. Iron ore for immediate delivery to China's Tianjin port added 10 cents to $63.90 a ton on Tuesday, the highest since Feb. 16, according to The Steel Index (TSI). Some traders at China's ports cut prices slightly "to stimulate sales," said TSI. Inventory of imported iron ore at China's ports fell to 83.8 million tonnes as of June 5, according to consultancy SteelHome, which tracks the data. The port inventory, which has fallen 17.5 percent this year, is at its lowest since November 2013. Read MoreChina's bid to lock in cheap iron ore Among steel mills covered in a survey by Chinese consultancy Mysteel, the average inventory level of iron ore has dropped to 20 days of consumption from an average of 23 days in the first quarter, Goldman Sachs said in a report on Monday. "Although the decline in inventory is relatively modest, the Chinese steel industry was operating with a lean supply chain that minimizes working capital, but that exposes steel mills to unexpected supply disruptions," Goldman Sachs said. On Wednesday, the most-traded September iron ore contract on the Dalian Commodity Exchange was up 0.2 percent at 437 yuan ($70) a ton by the midday break. c

Iron ore held at its highest level in nearly four months as stocks of the commodity at China's ports dropped for the eighth consecutive week.

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http://www.cnbc.com/2015/06/17/target-ceo-cvs-deal-gets-us-back-to-our-core-dna.html

http://web.archive.org/web/20150929052027id_/http://www.cnbc.com/2015/06/17/target-ceo-cvs-deal-gets-us-back-to-our-core-dna.html

Target CEO: CVS deal gets us back to our core DNA

Cornell said Target would benefit from CVS' scale, expertise and deep experience, as well as its large pharmacy benefit management network, which will now be shopping inside Target locations. That gives Target the opportunity to leverage its wellness-related products, including over-the-counter health and beauty merchandise, wearables, fitness apparel and food offerings, he added. Read MoreWhat CVS-Target deal means for you "We think it complements our strategy, our focus on wellness, and we now have an expert in that space and a long-term partner that I think is going to help us drive traffic and growth," Cornell said. The retailer is in the early stages of reinventing its food selection, and is acting on customer feedback by enhancing its assortment and presentation of natural, organic and gluten-free products, he said. Target is testing the initiative and will accelerate the changes early next year, he added. —Reuters contributed to this story.

Target CEO Brian Cornell said a deal announced this week with CVS will help his company focus on signature categories.

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http://www.cnbc.com/2015/06/19/why-gold-is-sighing-in-relief.html

http://web.archive.org/web/20150929101452id_/http://www.cnbc.com/2015/06/19/why-gold-is-sighing-in-relief.html

Why gold is sighing in relief

With the Fed leaving rates put for the time being, then, gold is sighing in relief. However, at this point, gold is facing resistance at the $1,205.80 and $1,204.70 levels, according to a note to clients issued by Chicago-based firm iiTrader. With the yellow metal topping out at $1,204.00 on Friday morning, any further gains may be hard-won. Additionally, the long-term fundamentals may not look too favorable. The U.S. central bank's statement "is good for gold in the short term, but quite frankly, the long term still supports gold going down," said Gina Sanchez of Chantico Global. "The Fed does have to raise rates at some point just for credibility purposes, so you can expect that there would be a rate hike," and that will keep gold on its recent losing streak, Sanchez said.

With the Fed keeping rates low, gold is finding upside.

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http://www.theguardian.com/artanddesign/2011/jul/06/cy-twombly-nicolas-poussin-exhibition

http://web.archive.org/web/20150930105806id_/http://www.theguardian.com/artanddesign/2011/jul/06/cy-twombly-nicolas-poussin-exhibition

Cy Twombly and Nicolas Poussin: the odd couple

The curator Nicholas Cullinan has had the bold and lovely idea of interspersing paintings, drawings and sculptures by Cy Twombly with paintings and drawings by Nicolas Poussin, in a compact exhibition at the Dulwich Picture Gallery. Arcadian Painters, he bills the pairing, his working premise being that the veteran American artist (who died on 5 July 2011) shares with the 17th-century Frenchman a devotion to classical antiquity. Whether or not you feel that such an affinity comes through visually, the experiment in juxtaposition gives you much to reflect on. Above all, it refreshes your eyes. We expect Poussins to inhabit a zone of studious murmuring and fusty hauteur. (We know they are in their element in the Dulwich, the country's most venerable public picture gallery.) And we suppose that the Twomblys will be hanging out across town in the no less snooty cool of the modernist White Cube. But thrust them together and you're forced to think anew about how things made for looking at actually work. Twentieth-century paint juts outward and 17th-century paint draws in: that's the first impression you receive, from the placing of a Poussin between a pair of Twomblys that meets you as you enter. The latter are big quasi-octagonal panels that might have been carpentered for some hieratic medieval interior. Each is cream above and green-black below, colours which meet along a ragged descending border that disrupts the panel's symmetry; and loose white paint has been slathered and sprayed across that border, here being worked with fingers, there left to dribble. This act and the physical fact of it are what the pictures principally announce, even if the caption claims that they are impressions of the countryside around Rome and that this is what connects them to the Poussin canvas. Into that picture, by contrast, you plunge, seeking spatial footholds in its deep-sunk browns. You close in on a tree, a couple of resting travellers, a swan in a pond, the towers of a small town. Gradually adjusting to a summer evening's long shadows, you register that all those elements are held in place by a single, dead straight Roman road, hurtling away from the canvas's foreground to far-off mountains. To pick out its converging lines is to peel the picture back to its structure – which is almost comic in its simplicity. One symmetrical form, a triangle, has been inscribed on the base of another, a rectangle. The latter doubles up as a canvas of the Roman Campagna and the former as a perspective recession of Roman civilisation's most famous token. Poussin draws you inwards only to get you looking on, or at, the structures that comprise his canvas. Twombly for his part thrusts handfuls of paint in your face only to invite you into a mist, a dissolve, a trackless indeterminacy. If there's any notion of landscape informing those panels of his, it's more Chinese than Italian: its spaces come about as the soft aftershocks of gestures, rather than through geometries of objects and light. In fact, each of these operators has an eccentric take on the standards supplied by his forebears – in Poussin's case, the transparent pictorial window of Renaissance art, in Twombly's the in-your-face vehemence of the Abstract Expressionists. For that reason they won't be reduced to period representatives, the Grand Old Master versus the Good Old Modernist. Arcadian Painters turns out to be a study in twinned forms of vivid awkwardness. Twombly more or less set out cussed. Arguably it was the shrewdest strategy for a young American in the 1950s to adopt. He had the luck to study at Black Mountain College, the North Carolina forcing-house for aesthetic innovation, alongside Robert Rauschenberg, with whom he then went on to tour Italy. Rauschenberg soon achieved stardom with an art that was a whole bend more urban, abrupt and grungy than anything Pollock and De Kooning had come up with. But Twombly was drawn to the dreaminess of those big boys – their debts to surrealism, their Jungian notions of "myth". He set his hand to run loose, by literally drawing in the dark. Pencil loops and nicks cover two 1956 sheets on show at Dulwich. Their intent, it seems, is to hold back intent, to not yet mean anything in particular – at the same time, to walk that tightrope with pace and panache. Suchlike scribbling formed a seedbed for the art Twombly developed after he returned to Italy in 1957 and married an heiress. He unpacked a whole puppet-show of about-to-be-significant manoeuvres, spreading them out over big cream-primed canvases: the child's impulse to smear some intrusion on the clean expanse; the romantic's impulse to mouth some antique name or choice line of verse; quick coarse grunts of lust; then the impulse to stock-take, to reason, embodied in numbers and diagrams, and the impulse to round on yourself, to erase. It was the manner of the spread that was charming and chancy, the way Twombly's blurts coexisted with a broad, bright spaciousness. With all those romantic cues, he became something of a writer's painter. John Berger cherished Twombly's slurred quotes as pointers to that great hinterland of unknown texts that lies beyond each individual reader. Roland Barthes wrote an arch meditation on the "indolence" of his scrawls, which for him bore the erotic redolence of some crumpled pair of pants discarded by a rent-boy. Living it up in a dream of Italian aristocratic languor, the Twombly of the 60s was, in a sense, pursuing a classic American lifeplan – but by the same token, he was quite out of step with the American avant-garde. Donald Judd, its toughest spokesman, a foe to all things European, dismissed his work as goofy whimsy in 1964, and for years to come Rauschenberg's former buddy had no more than a toehold in curators' schemes of contemporary American art. With the advent of postmodernist criticism in the 80s, "marginal" began to mean "central", and "bad" – the way Twombly aped Pollock's messiness, rather than his swagger – to mean "good". For its part, Twombly's studio practice got more old-fashioned-painterly. He turned from scribbling to lading his canvases with lush oils. Dulwich exhibits Hero and Leandro, painted like those landscape panels in 1985 – their dribbles and fingerworking here orchestrated into a deliquescent collapse of mist-greys and cerise. And it shows four lofty canvases from the early 90s, Twombly's Quattro Stagioni, in which the root muscular impulses of his art – to blurt, to scratch, to dangle, to let go – get upgraded to a monumental dignity. They demand to be admitted into the hall of fame, and its doors are thrust wide. Inside, curators stand waiting, eager to take the grand old man at his word when he claims: "I would've liked to have been Poussin, if I'd had a choice, in another time." In another time, a pushy, brainy young Norman made his way to Europe's art metropolis: Poussin would make Rome his base until his death 41 years later in 1665. His production there started out along familiar Italian guidelines. At Dulwich there's an assiduous School-of-Raphael-style battle drawing from 1625 and more attractively, a 1628 canvas, The Arcadian Shepherds, echoing Titian at his most sensuous and poetic. Yet it's not their flocks that Poussin's Arcadians attend to, but an inscription on a tomb. By now, he was a draughtsman participating in an early scientific project to codify the diversity of nature: henceforward, text would always be a behind-the-scenes presence in his work. The question for him became how to deliver a self-contained analogue to verbal thinking by means of his own "mute art". The distinctiveness of Poussin's aesthetic becomes clear if you consider the customary way he came to conduct his business. Every couple of months or so Bertholin the courier would call at his house on the Monte Pincio and collect from its straitlaced and thrifty proprietor – a one-man operation, with hardly an assistant to hand – a sealed case containing a rolled up canvas. A few weeks later this would get unfurled and restretched in the mansion of some Parisian patron. In such a way, Poussin compressed his consummate knowledge of Rome's buildings, artworks and landscapes, and his deep, careful reading of scripture, epics, histories and science, into forms that would pass permanently out of his sight – since after 1642, he made no move to visit his native land again. Courier-packet painting became a highly self-conscious procedure. You wanted to ensure that whatever thoughts went into the picture would come out the other end, but you also got singularly caught up with the canvas as a confined rectangular object. You arrived at your image by partitioning that rectangle. Hence Poussin's insistent structuring (which becomes strikingly experimental in a series of canvases sent to Cardinal Richelieu, the Seven Sacraments: the Dulwich has managed to borrow five of them to display alongside Cullinan's exhibition). It's matched by his fine-tuning of colour – there's a gorgeous interplay of blues and oranges in many of the canvases included in the show. But all this was intended to assist the painting's meaning, which on a certain level became political. Poussin was exiling himself from France the better to serve her. Dispatching his distillations of history and religion to men of discernment, he hoped to open up a new, virtuous cultural space opposed to the corruption epitomised by Mazarin, Richelieu's successor as chief minister. The scriptures, histories and legends of the ancient world provided an exemplary model against which the present could be held to account. Classical antiquity provided Poussin with a form of critique. What does classical antiquity provide Cy Twombly with? Mystique. Twombly adores its lostness. He goes after its baffling, mellifluous names – Smintheus, Agyieus, Platanistius, Theoxenius – his pencil languidly scratches, in a whimsical mock-invocation of Apollo from 1975. The letterings trail and expire, and that sighing of the hand reflects Twombly's self-declared romanticism ("I would've liked to have been Poussin") and the overall psychophysical drift towards release and collapse that is the level on which meaning actually comes through in his art. For these reasons, it seems to me misleading to pair up, say, a 1635 The Triumph of Pan and a 1975 collage labelled Pan as if they were ancient and modern treatments of the same theme. (The exhibition captioning and catalogue toy with this tactic extensively, if irresolutely, mythologically annotating every scribble and grunt: quite frankly, they're best ignored.) Twombly may feel his way around classical subjects and his adopted terrain of Italy, but his mental activities are remote from the moral and intellectual focusing of Poussin. Despite this, the two artists' paintings actually hang together brilliantly. You might consider Twombly's a lightweight schmoozing up to one of the great heavyweights of western painting. But a truly stylish gatecrasher makes the party swing better. Twombly's nimble hops about the canvas, his instinct to surprise himself, the pizzazz of his rudeness, all pep up his companion: the near-manic idiosyncrasy of that doughty loner starts to shine through. (The bizarre knot of branches top left in that Triumph of Pan and the foreboding chunk of pediment signing off The Triumph of David feel like Poussin's attempts at repartee.) To better appreciate the duo's fundamental good neighbourliness, step outside the Dulwich's exhibition galleries to watch Edwin Parker, a recently made short film in which Tacita Dean trains her camera on the octagenarian Twombly. He's seen sitting about in a studio and a canteen in his hometown of Lexington, Virginia: he's seen muttering to assistants, taking a letter from an envelope and slowly rolling his wry brown eyes. Beyond the studio blinds there are bright leaves, then there are bare branches. Time does a ferocious amount of passing in the course of the film's 10 minutes, and Twombly does a ferocious amount of being. He "be"s so intensely that I had to rush out, gasping for breath, back to the exhibits of canvas and paper. Give me those singing blues and oranges, those swooning creams and cerises. I'll opt for those weird and stubborn wall-hangings to take on Time, that grim inspector. I get the feeling they might just win.

A new exhibition juxtaposes the work of Cy Twombly with paintings by Poussin. A Good Old Modernist meets a Grand Old Master. Julian Bell on a bold pairing that works brilliantly

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http://www.9news.com.au/world/2015/09/29/09/03/south-america-outraged-as-surgeon-hurls-dog-shoves-nanny-in-front-of-young-daughters

http://web.archive.org/web/20151001181110id_/http://www.9news.com.au:80/world/2015/09/29/09/03/south-america-outraged-as-surgeon-hurls-dog-shoves-nanny-in-front-of-young-daughters

South America outraged as surgeon hurls dog, shoves nanny in front of young daughters

A campaign is on to name and shame a well-known Chilean doctor who was caught on camera hurling an injured guide dog out of an elevator. Footage of the incident shows maid Patricia Valdebenito waiting in an elevator with a border collie, believed to be an assistance dog named Alai, which had just had surgery on its leg. The doctor, a respected ophthalmologist from Vina Del Mar called Carlos Schiappacasse, then enters the lift, shepherding his two young daughters in with him. Apparently enraged by the presence of a domestic servant and her canine companion, the doctor grabs the recovering pooch by the scruff of the neck and flings it out of the lift. Dr Schiappacasse then attempts to shove Ms Valdebenito back through the doors as well but to no avail – the stolid woman takes the shock in her stride and proceeds to argue with the aggressive doctor. What sparked the encounter is unclear but Ms Valdebenito and Dr Schiappacasse appear to have words prior to his entering the lift. Carlos Schiappacasse...His actions have sparked widespread anger in Latin America, with animal lovers publishing his personal details online. (Twitter) "(He) started to attack me and (told me to) leave the elevator, that was not my place, I told him I would not go down, so suddenly take the animal and throws off lift and then push me," Ms Valdebenito is quoted by the uploader, Compare Moreno, as saying. "I told him where (is) his education and why…discriminate against me for being a nana." The man believed to be Alai's owner, Carlos Salgado, described Dr Schiappacasse's actions as unacceptable. "It is an act of cowardice and discrimination," Mr Salgado said. "(He) took the dog, assaulted and tossed away, then pushed the nanny, that's a cowardly act." Dr Schiappacasse has reportedly travelled to Miami in the wake of the incident, though that detail is yet to be confirmed. Do you have any news photos or videos?

A campaign is on to name and shame a well-known Chilean doctor who was caught on camera hurling an injured guide dog out of an elevator.

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http://www.theguardian.com/advertising/research-sites-sections-jobs

http://web.archive.org/web/20151002100639id_/http://www.theguardian.com/advertising/research-sites-sections-jobs

Sites & sections: Jobs

Sites and Sections was commissioned to give us an in-depth understanding of how GNM consumers interact with our content across print and online. The research provides an unrivalled insight into the readership of all individual print sections in the Guardian and Observer and all sites within guardian.co.uk. Sites and Sections employs an innovative methodology to provide us for the first time with a detailed view on the audience cross-over between individual sites and sections, enabling us to size our total audience by content area across print and online. Sites and Sections was conducted in conjunction with BMRB, the suppliers of the TGI database. Its unique and innovative approach combines both self-reported recall data with web analytics tracking data to give an accurate picture of how GNM content is consumed. The survey is based on a sample size of nearly 8,500 respondents, whose responses were linked to behavioural data on guardian.co.uk. This enabled us to accurately gauge online usage and it's cross-over with print. • Topline readership and demographic profiles of all Guardian and Observer sections and guardian.co.uk sites within the last 7 days and the past 4 weeks• Cross-over readership of all GNM print and online sections• Rating of all sites and sections by interest• Frequency of reading / usage• Engagement with sites and sections, including time-spent• Media consumption habits • 44% of Monday Guardian readers read MediaGuardian, whilst 43% of Wednesday readers read SocietyGuardian• Of the four weekly recruitment supplements, SocietyGuardian has the most positive influence on newspaper purchase, with a third of readers claiming that it positively influences their decision to buy Wednesday's Guardian• 37% of EducationGuardian* readers have also visited guardianjobs.co.uk in the past four weeks *Base: Those currently looking for a job 62% of jobseekers who look in the Guardian's recruitment supplements do not look at guardianjobs.co.uk, giving you a pool of jobseekers that cannot be reached online guardianjobs.co.uk offers a unique audience. Proportion of guardianjobs.co.uk users who have not looked at the following sites in the last 4 weeks: • fish4jobs.co.uk - 76%• totaljobs.com - 64%• jobs.ac.uk – 71%• monster.co.uk - 64%• reed.co.uk - 66% • MediaGuardian/guardianjobs.co.uk has a past four week reach of 1.9 million in the UK• 60% of guardianjobs.co.uk users do not read MediaGuardian, enabling advertisers to really extend their reach by running cross-media campaigns across guardian platforms• Cross media insights are available across all Guardian sites and sections in print and online For more information about Sites and Sections, please contact:

Find out about readership of each of our supplements or vertical sites

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http://www.bostonglobe.com/business/2015/10/01/fight-over-gas-pipelines-decsions-are-hand-feds/PCofcxSkG9UdcXlus6C5HP/story.html

http://web.archive.org/web/20151002163508id_/http://www.bostonglobe.com/business/2015/10/01/fight-over-gas-pipelines-decsions-are-hand-feds/PCofcxSkG9UdcXlus6C5HP/story.html

In fight over gas pipelines, decsions are in the hand of feds

Mayor Martin J. Walsh and other critics of new natural gas pipelines just learned a lesson: What the Federal Energy Regulatory Commission approves, it usually gets. The city’s loss of a lawsuit last month — an effort to stop Spectra Energy of Houston from building a pipeline spur in West Roxbury — is a reminder that state and local governments have few legal or regulatory options when it comes to interstate pipeline construction once the federal agency gives its blessing to a project. The FERC’s broad powers to override local authorities, as in the West Roxbury case, will be closely monitored in Massachusetts and the rest of New England over the next 18 months, as energy companies and utilities seek to build multibillion-dollar pipelines throughout the region to meet growing demand for natural gas and transmission lines to transport hydroelectricity from Canada. “At the end of the day, it’s FERC’s decision whether to proceed with any project,” said Andrew Kaplan, a partner and energy attorney at Pierce Atwood LLP in Boston. “After they decide something, things start to move fast.” Under the federal Natural Gas Act of 1938, the FERC is charged with regulating interstate pipelines, with the power to preempt state and local objections. Its pipeline authority is similar to what’s granted to the agency in the Federal Power Act, which also dates to 1938 and which governs the construction of interstate power lines. The blunt intent of both acts: Get energy projects built across state lines, without state and local governments blocking upgrades deemed vital for regions or for the country. “It’s not such a bad thing,” said Tim Boersma, an energy specialist at the Brookings Institution, a Washington think tank. “You need to have someone making the assessments and final decisions on these things, or nothing would get done.” The FERC has a powerful tool to enforce its rulings: Projects approved by the agency can take property under US eminent domain powers. That was the issue in the West Roxbury lawsuit. Residents and politicians expressed concerns about burying pipelines close to a quarry where, opponents say, dynamite explosions often occur. But those concerns didn’t caryy the day. In July, Spectra sued the city in federal court for not giving it easement rights — and won the case because of the FERC’s eminent domain powers. Earlier this week, construction on the spur got underway. The city does not plan to appeal the court ruling. But US Representative Stephen Lynch, a South Boston Democrat, said the court was wrong. “Sure, FERC has approved it, but by dismissing the serious concerns of the people I represent they poisoned the relationship for every other gas line project in my district,” Lynch said. “I will do everything I can to prevent this pipeline from happening, as well as future projects that put my constituents at risk.” Though the FERC has been granted tremendous powers by Congress, energy specialists stress that the agency is not empowered to run roughshod over state and local concerns. Indeed, the Natural Gas Act lays out stringent requirements that must be followed — from holding public hearings to requiring companies to submit specific economic and environmental data about a project — before plans can be approved. In addition, the FERC must listen to objections raised by state and local governments. State and local officials and residents can sue if they believe the agency is not following the act’s intent, legal specialists say. In a statement, the FERC insisted that it “encourages everyone to make their views known through the many public comment processes available” and carefully weighs such comments. It added that it must also comply with the National Environmental Policy Act, which requires the agency to weigh environmental effects. One of the projects the FERC will soon tackle is a proposal by Houston’s Kinder Morgan Inc. to build a natural gas pipeline from upstate New York across Western Massachusetts and through Southern New Hampshire. That project has spurred intense opposition from local residents and politicians — and Kinder Morgan has made several changes to its plans as a result. Curt Moffatt, deputy legal counsel at Kinder Morgan, said the FERC frowns upon companies that ignore the concerns of state and local authorities during the permitting process. “We’ve already made changes to our plans and any orders [from FERC] will have hundreds of conditions attached to them,” he said. Kinder Morgan is expected to file its pipeline proposal this year. Spectra Energy and its partners, including National Grid and Eversource, are also expected to file plans this year for a major upgrade to the existing Algonquin pipeline. Greg Cunningham, a senior attorney at the Conservation Law Foundation, said he doesn’t believe the FERC is thorough in its final decisions, particularly on environmental matters. But he acknowledged that once the agency rules, it’s hard to stop a project. “FERC is still the preeminent decider,” he said. “There is no doubt about the preeminence of the federal government over states.” Natural gas pipeline opponents protested against the West Roxbury project in July. Construction on the spur got underway earlier this week.

The Federal Energy Regulatory Commission has broad power to override local authorities. It will be closely monitored as energy companies seek to build multibillion-dollar pipelines here.

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http://www.people.com/article/lana-del-rey-bikini-music-to-watch-boys-to-video

http://web.archive.org/web/20151002235105id_/http://www.people.com:80/article/lana-del-rey-bikini-music-to-watch-boys-to-video

Lana Del Rey Rocks Swimsuit in 'Music to Watch Boys To' Music Video : People.com

10/01/2015 AT 04:45 PM EDT 's new single is titled "Music to Watch Boys To," but the singer puts her own physique on display in the video. Rey, 30, dons a bikini for a swim with girlfriends in the dreamy clip. The eye candy doesn't stop there – various scenes show the songstress lounging in a luxe backyard as her handsome man works his muscles on the basketball court. Although the plot isn't clear, there's no denying this video pays homage to California – a staple of Rey's work. The new single follows up "High By the Beach," the It's been an exciting year for Rey. Prior to releasing new music in August, she took a trip to Italy for the , Pierre Casiraghi and Beatrice Borromeo, and inspired pal

The songstress shares endless eye candy in her new clip

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http://www.cnbc.com/2014/03/31/foreign-cloud-companies-will-win-big-from-nsa-spying-revelations.html

http://web.archive.org/web/20151003063200id_/http://www.cnbc.com/2014/03/31/foreign-cloud-companies-will-win-big-from-nsa-spying-revelations.html

Foreign cloud companies will win big from NSA spying revelations

"Data is being courted by overseas cloud providers, so this is clearly hurting U.S. cloud providers," said Elad Yoran, chairman and CEO of Valutive, a cloud security solutions company. "Many places around the world are seeing this as an opportunity." Another factor likely to accelerate the trend: Countries like Brazil and Germany are strengthening their data residency laws, which force companies to keep their data stored locally. In other words, if a company wants to store data in the cloud, it needs to do so on servers in the country in question. A recent survey of 1,000 information and communications technology decision-makers from France, Germany, Hong Kong, the UK and the U.S. revealed that many businesses are in fact aggressively changing the way they store their data. According to the survey, which was carried out by NTT Communications, 90 percent of respondents had changed the way they use the cloud and 16 percent had delayed or canceled contracts with cloud service providers. "This is a big deal. It's a terrible problem being foisted on companies. And it's the Achilles' heel of cloud computing. It forces them to replicate their infrastructure around the world in the countries that are implementing these laws," Yoran said. "The U.S. had such a strong position which is being in effect weakened by the proliferation of these laws and creates an opening for global competitors to get into the cloud market at the expense of business that would have otherwise gone to the U.S." —By CNBC's Cadie Thompson. Follow her on Twitter @CadieThompson.

Snowden revelations about the NSA may be costing U.S. cloud companies billions, and their loss means big business for firms outside the country.

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http://www.cnbc.com/2015/08/12/russias-burning-dutch-flowers-in-sanctions-war.html

http://web.archive.org/web/20151003133645id_/http://www.cnbc.com/2015/08/12/russias-burning-dutch-flowers-in-sanctions-war.html

Russia’s burning Dutch flowers in sanctions war

Last week, Russia seized and destroyed tons of foods due to an import ban on Western foods. The ban was a reaction to sanctions imposed on Russia by the international community after it annexed Ukraine in March 2014. Earlier this week, Russia authorities hinted that new countries may be added to its list of banned food import ban. According to Reuters, the watchdog's chief sanitary inspector, Yekaterina Slakova, appeared on Russian television earlier this week to show workers setting fire to boxes of roses while stating: "These are freshly cut flowers from the Netherlands infected with western Californian flower thrips." Read MoreRussia's 'dreadful' recession set to continue Russia has not directly imported Dutch flowers since 2007, as the Netherlands does not have fields free from flower thrips and thus stopped issuing certificates for cut flowers. Instead, shipments are sent through nearby EU countries (such as Bulgaria, Latvia and Lithuania) which check and certify the flowers. However, Rosselkhoznadzor has claimed that Latvia and Lithuania will consult with Russia over the future of certifying Dutch flower imports; Latvia may remove Dutch flowers from shipments heading to Russia. "We saw the pictures of Russian authorities burning flowers. According to their information these were Ecuadorian, Spanish, Italian and a small amount of Dutch flowers," Robert Roodenburg, director of the Dutch Association of Wholesale Floricultural Products, told CNBC via email. "We would very much like to discuss the matter with the Russian authorities to assess how we could comply with the Russian demands." - By Luke Graham, special to CNBC. Follow him on Twitter @LukeWGraham

After bulldozing a mountain of imported cheese from the West, Russian authorities have now turned to burning flowers from the Netherlands.

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http://www.theguardian.com/artanddesign/2009/oct/16/stirling-prize-architecture/amp

http://web.archive.org/web/20151006085841id_/http://www.theguardian.com/artanddesign/2009/oct/16/stirling-prize-architecture/amp

Is the Stirling prize for architecture ageist?

The winner of the 2009 Stirling prize for architecture will be announced tomorrow night. Now in its 14th year, the prize is named in memory of James Stirling – one of Britain's most original and audacious modern architects – and sponsored by the Royal Institute of British Architects and the Architects' Journal. It's awarded to the "building that has made the greatest contribution to British architecture in the past year". This week I revisited the 1998 winner for the first time in – well, three months, actually. In fact, I think I must have visited at least a dozen times, and glimpsed it many more times. This is the American Air Museum at the Imperial War Museum, Duxford, a thoughtfully landscaped, handsomely designed aircraft hangar of a building by Foster and Partners. The graceful structure is designed to fit around the wingspan of the terrifying Boeing B-52 Stratofortress bomber that broods, like some mechanical moray eel, at its heart. This is a highly popular venue, and a building that will endure both aesthetically and functionally for as long as it's called on to continue housing a superb display of US military aircraft. Even pacifists can enjoy it. The building is the modern equivalent of a medieval tithe barn, or some great 19th-century warehouse or train shed. Its handsome-is-as-handsome-does looks will endure, even if its use is changed. Admittedly, it's unlikely to be used for storing clapped-out tractors or bales of hay, but it would do the job all too well. While I was there, I took the opportunity to ask people ambling through which was their favourite Stirling prize winner. Sadly, not one had heard of the prize, although one chap in a tweed jacket and immaculately pressed cavalry twills told me he had, for a brief while, been a navigator in a Stirling – a four-engined second-world-war bomber rather than a leading-edge architectural award. While we shouldn't be surprised that the Stirling prize is a mystery to most people wandering in and out of the latest buildings – which of us could list the winners of the Turner or the Mercury prize from years gone by? – we might stop for a moment to wonder what has happened to the reputation of other prize winners over the past 14 years, and what the prize is really about. Can you, for example, conjure the Centenary Building at the University of Salford by Stephen Hodder, the first Stirling prize winner, from 1996, in your mind's eye? Without looking it up, can you recall the Music School in Stuttgart by Michael Wilford, which won in 1997? Although both Hodder and Wilford are active today, both have been overshadowed by louder talents over the past decade. As the prize got into its stride, buildings that are hard to ignore came to the fore, such as the truly eye-catching Lord's Media Centre (1999) by Future Systems, the Gateshead "Winking Eye" Millennium Bridge (2002) by Wilkinson Eyre, 30 St Mary Axe (aka "the Gherkin") by Foster and Partners (2004), and the hugely controversial, costly and yet undeniably fascinating Scottish Parliament Building (2005) by Enric Miralles, Bernadetta Tagliabue and RMJM. Looking back on the Stirling's history does provide a kind of barometer of architectural fashions – what was hot at a particular point, what wasn't. But fashion is a fickle thing; architecture, on the other hand, takes a long while to settle down. What was all the rage in 1996 might seem outdated in 2009 – although who knows how such design might be judged 20 years from now? This is, in fact, my issue with the Stirling prize: it's all about instant appeal, the latest buildings. By its very nature, it is barely concerned with the life of buildings and their architects years down the line. I'd certainly be happier with the idea of the Stirling if it was awarded either for a building that had proved its worth, or one that had done the most to make some place – a street, a village, a town, a city – substantially and measurably better. But I'd be interested to know what you think. Should we continue to award prizes and publicity to the most fashionable new buildings, or should we think more carefully about old ones that have served us well, even if – or perhaps especially because – they've been around for years?

Jonathan Glancey: Instead of rewarding the latest architecture, we should honour buildings that have had time to prove their worth

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http://www.theguardian.com/artanddesign/2013/mar/24/colin-andrew-obituary

http://web.archive.org/web/20151009014325id_/http://www.theguardian.com/artanddesign/2013/mar/24/colin-andrew-obituary

Colin Andrew obituary

Colin Andrew, who has died aged 79, was a gifted artist, a dedicated socialist and a decent, principled man with a gift for friendship and a wry wit. He was born in Dundee to working-class parents who were both Tories. He started work as a teenager at the DC Thomson newspaper and comics publishing firm in his home town and Bill McCail's Mallard Features Studio in Glasgow. His first published work was in Lilliput magazine and in the local newspaper. Colin was entirely self-taught but his gifts were recognised by his fellow cartoonists early on and it was from one of them that he came to his lifelong commitment to leftwing politics. After doing his national service in the RAF in his late teens, Colin moved to Kentish Town, north London, and spent the rest of his life in the area. He worked for the King-Ganteaume company, for whom he produced historical and western drawings for the L Miller and Son publications Pancho Villa and Rocky Mountain King. He met his future wife, Janet Quesnel, through mutual friends and they married in the early 1960s. Colin was employed by a number of publications including Zip (for whom he did the Captain Morgan strip), the Daily Express (for whom he worked on the Jeff Hawke strip), the New English Library (for whom he did many book covers) and the comics Buster, Boys' World, Eagle, Lion and Tiger. Colin was a member of the Kentish Town Communist party but he sided with China in the Sino-Soviet dispute of the 1960s. This led him and Janet to go to China in 1965. They ended up in the south-west province of Sichuan teaching English. Later they moved to Tientsin (now known as Tianjin) in northern China, and ultimately to the capital Beijing. That was at the height of the Cultural Revolution and, faced with the closure of all the schools, they decided to return to London in the late 1960s. Colin worked in this period for a variety of publications including the Doctor Who Magazine, for which he did strips, while also developing his considerable gifts as an oil painter. He drew cartoons for the campaigning Camden New Journal from its inception in the 1980s. Though Colin ceased to be politically active, he never wavered from his socialist principles or forgot whose side he was on. Although he and Janet had led separate lives for a number of years, they remained close. She and their daughters, Catriona and Shona, survive him.

Other lives: Illustrator and cartoonist who worked on magazines, newspapers and comics

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http://www.cnbc.com/2014/10/31/stocks-bounce-into-november-with-central-banks-in-focus.html

http://web.archive.org/web/20151009111046id_/http://www.cnbc.com/2014/10/31/stocks-bounce-into-november-with-central-banks-in-focus.html

Stocks bounce into November, focus turns to global economy

Earnings: AIG, Marathon Oil, Anglogold Ashanti, Tenet Healthcare, Sysco, CNA Financial, Ryan Air, Sysco, Herbalife 9:30 a.m.: Chicago Fed President Charles Evans 12:40 p.m.: Dallas Fed President Richard Fisher 2:00 p.m.: Senior loan officer survey Earnings: Albibaba, Archer Daniels Midland, Burger King, Discovery Communications, Michael Kors, Estee Lauder, Intercontinental Exchange, Transcanada, Valero Energy, FireEye, Activision Blizzard, Regeneron, Motorola Solutions, Talisman Energy, Time Inc, Red Robin Gourmet Burger, Priceline, Dish Networks Earnings: Time Warner, Tesla, Mondelez, Qualcomm, CBS, Toyota Motors, Tim Hortons, Holly Frontier, ING Group, Chesapeake Energy, Duke Energy, Towers Watson, Lamar Advertising, Rowan Cos, NRG, Scotts Mircale-Gro, Whole Foods, Tesla Motors, News Corp, Soar City, Zillow 9:15 am Minneapolis Fed President Narayana Kocherlakota 9:30 am Richmond Fed President Jeffrey Lacker 10:00 am Boston Fed President Eric Rosengren Earnings: Disney, AstraZeneca, Siemens, AOL, AMC Networks, Molson Coors Brewing, Advance Auto Parts, First Solar, Cablevision, Echostar, Henry Schein, Apache, Scripps Networks, Wendy's El Pollo Loco, Lionsgate, Zynga, Biocryst Pharma, Cablevision, Enbraer, Calpine, Windstream, Con Ed, Tekmira 8:30 a.m.: Productivity and costs 10:40 a.m.: Chicago Fed's Evans 7:05 p.m.:Cleveland Fed President Loretta Mester Earnings: Berkshire Hathaway, Allianz, Nippon Telegraph, ArcelorMittal, Humana 9:15 a.m.: Chicago Fed's Evans 10:15 a.m.: Fed Chair Janet Yellen on policy in Paris 1:00 p.m.: Chicago Fed's Evans 2:30 p.m.: Fed Vice Chair Daniel Tarullo

Stocks launch into November at record highs, but that does not mean the volatility that punctuated October's roller-coaster trading will end.

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http://www.cnbc.com/2015/06/26/reuters-america-update-1-vietnam-removes-foreign-ownership-caps-on-most-equities-state-tv.html

http://web.archive.org/web/20151009120107id_/http://www.cnbc.com/2015/06/26/reuters-america-update-1-vietnam-removes-foreign-ownership-caps-on-most-equities-state-tv.html

UPDATE 1-Vietnam removes foreign ownership caps on most equities -state TV

* Foreigners will be able to buy 100 percent of most companies * Certain sectors of state interest to be excluded * Proposal to raise caps made 2 years ago HANOI, June 26 (Reuters) - Vietnam's government approved the removal of foreign ownership caps on most listed firms on Friday, state TV said, scrapping the current 49 percent limit in one of its most liberal economic reforms yet, although some sectors will be excluded. The communist government is stepping up reforms to the $184 billion economy after years of delay that have frustrated foreign investors keen to tap the potential of its private sector, with future Pacific and European Union free trade pacts adding to the allure. In a news bulletin, Vietnam Television said the government had signed a directive to amend the rules but did not say when the change would come into effect. It gave few details, but said the new rules would not apply to certain firms or sectors in which the state needed to retain controls, without elaborating. Brokers and fund managers contacted by Reuters said they had not seen the directive and it was not released to the media. Long criticized for protectionism, Vietnam has eased limits in areas such as banking and property and is pursuing the partial privatization of hundreds of state-run firms from airports and textile companies to breweries and ports, which will eventually list on its stock markets. Duong Vuong, a director at Vinacapital, one of Vietnam's biggest funds, said foreign investors were interested in the market but had long been shackled by the ownership limits. "Everyone has been waiting for this for a long time ... It's good timing with everything going on in Vietnam." Debate on raising the ownership cap has dragged on for nearly two years, with the initial plan being to raise the foreign ceiling to 60 percent. That was reviewed earlier this year and the market regulator, the State Securities Commission, held forums to seek public feedback. Investors have complained that foreign shareholdings in Vietnam's most attractive firms are perennially at the ceiling, leaving little room for buying. In previous proposals, the government has referred to sectors that are off-limits to foreign investors as "sensitive," such as those related to national security. Some areas covered by separate legislation, such as banks, will also be excluded. Vietnam has two bourses, the Ho Chi Minh Stock Exchange with a market capitalisation of $50.3 billion, and the far smaller Hanoi Stock Exchange, with equities valued at $6.5 billion. That compares with Thailand's $419 billion and Indonesia's $345.7 billion. (Additional reporting by My Pham; Writing by Martin Petty; Editing by Alan Raybould)

HANOI, June 26- Vietnam's government approved the removal of foreign ownership caps on most listed firms on Friday, state TV said, scrapping the current 49 percent limit in one of its most liberal economic reforms yet, although some sectors will be excluded. Long criticized for protectionism, Vietnam has eased limits in areas such as banking and property and is...

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http://www.people.com/article/diane-keaton-unveils-new-wine-served-over-ice-the-keaton

http://web.archive.org/web/20151009142713id_/http://www.people.com:80/article/diane-keaton-unveils-new-wine-served-over-ice-the-keaton

Diane Keaton Unveils Her New Wine to Be Served on Ice Named The Keaton : People.com

Sid Hoeltzell; Sonia Moskowitz/Getty Images 10/08/2015 AT 07:10 AM EDT has just unveiled her new wine – and she says it's as unpretentious as she is. In a new interview with PEOPLE, the icon, 69, says her new wine named The Keaton is explicitly intended to be served over ice – which is exactly the way she likes it. "I'm not sure when I started that," says Keaton. "I think most likely since it was so hot in N.Y. when I lived there in the '70s. I used to go on the balcony to cool down since my apartment didn't have A.C. and one day I thought about trying it on ice. It has stuck ever since then!" star has become increasingly public about her wine over ice consumption in recent years, freely indulging during show. The talk show host told the star bartenders are now referring to the drink as The Keaton. "Ellen heard I drink my wine on ice and surprised me with a nice glass!" Keaton says with a laugh. "I couldn't turn that down. Eventually it got nicknamed "The Keaton" and don't forget I also played beer pong with but had my cups filled with wine! It's just my preference ... Maybe I should bring Ellen a case next time I see her!" But don't think this screen veteran requires wine to take the edge off before a television appearance. "Now that's just silly. NO! But it is true I only drink my wine over ice," says Keaton, a day after sharing an image of the bottle on Twitter. It's here. Don't forget the ice. Cheers. pic.twitter.com/WhcER0nNqo Although Keaton prefers red wine, the star collaborated with Bruce Hunter at Shaw Ross and Winemaker Bob Pepi to make sure white wine fans didn't miss out – and that fans who like their wine a little less chilled could partake as well. "My wines both red and white are everyday wines," she says, explaining the vino "tastes great on ice as well as simply poured in a glass." Also, don't expect to break the bank on the wines entering the market now, with Keaton saying a matching portion of the proceeds will go to brain research at the in Las Vegas, a cause close to her heart after brain diseases affected both her parents. "I wanted affordable wines that blend grapes from different regions," she continued. "Both wines are fruit forward and are well balanced. They go with any kind of food. And yes, I insisted on the twist-off cap!" Want to drink your wine just like Oscar-winning actress? Follow these simple rules: "Grab a low ball glass, fill with lots of ice, pour until all the ice is covered with the robust red wine, then enjoy," she says. "It's not fancy," she adds. "But neither am I."

The Oscar-winning actress only drinks her wine over ice – and now you can, too

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http://www.cnbc.com/2015/06/29/former-ecb-pres-trichet-idea-of-euro-collapse-is-wrong.html

http://web.archive.org/web/20151009221856id_/http://www.cnbc.com/2015/06/29/former-ecb-pres-trichet-idea-of-euro-collapse-is-wrong.html

Former ECB Pres. Trichet: Idea of euro collapse 'is wrong'

Former European Central Bank President Jean-Claude Trichet stood by the euro's stability Monday despite the failure to secure a Greek debt deal thus far. "This idea that the euro area is about to evaporate or collapse, which is in the air since the very beginning, is wrong," Trichet told CNBC's "Squawk on the Street." After the euro plunged roughly 2 U.S. cents overnight Monday, the currency battled back and even briefly traded in positive territory against the dollar. ( Tweet This) "I trust that the euro as a currency has proved a remarkable resilience in the worst crisis since World War II of the advanced economy ... so from that standpoint, I think the confidence in the euro is not touched at all," he said. "What is likely at this stage, in my opinion, is that most observers do not know and are not pricing in either 'yes' or 'no.'" Read MoreGreek banks to reopen on Thursday, earlier than planned Greece does not look likely to meet its 1.5 billion euro ($1.7 billion) debt repayment to the International Monetary Fund due Tuesday after European partners cut off credit lifelines and Athens announced a referendum on bailout terms. But as bleak as keeping Greece in the euro zone might look, Trichet said the brunt of that impact will not fall on Europe. "All taken into account, I would say the main problem is the Greek problem—it's not the problem of the other countries, in my own understanding, both I would say politically and economically and financially." Read MoreWill a Greek tragedy be the euro's downfall?

Former ECB President Jean-Claude Trichet doesn't foresee a euro collapse despite big swings after failed Greek deal talks.

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http://www.cnbc.com/2014/12/16/the-real-reason-behind-the-em-rout.html

http://web.archive.org/web/20151010023000id_/http://www.cnbc.com/2014/12/16/the-real-reason-behind-the-em-rout.html

The real reason behind the EM rout

Forget fears of a U.S. interest rate hike, the current emerging market selloff has a new narrative, according to one analyst. "[Tuesday's market selloff] in Asia has a lot more to do with broader global disinflationary fears," than with the Federal Open Market Committee (FOMC), Adarsh Sinha, head of Asia Pacific G-10 FX strategy at Bank of America Merrill Lynch, told CNBC. "Nowhere is that more evident than inflation break evens across the developed markets," he said, referring to soft growth in European consumer prices and Japanese inflation hitting a one-year low in October. MSCI's Emerging Markets Index fell to new 10-month low on Tuesday, with Thailand's benchmark index once again leading declines in Asia. The SET index traded at six-month lows for the second straight session, down 3 percent by the afternoon after sinking as much as 9 percent on Monday. Read MoreDespite risks, Thailand may consider rate cut Other experts said Sinha's argument wasn't groundless with lower oil prices driving global disinflation. Crude prices fell to new five-year lows on Tuesday, with Brent crude down 45 percent year-to-date. "It looks like a valuation trade. The biggest reason for the EM rout is volatility spiking higher, triggered by oil and now ballooned into a broader equity market selloff," said Vishnu Varathan, senior economist at Mizuho Bank. "It's difficult to isolate and eliminate factors, there are no convenient attributions. You have EM carry trades coming off as long bets are unwound, while year-end dollar demand is also playing a role," he added.

Forget fears of a U.S. interest rate hike, the current emerging market selloff has a new narrative, according to one analyst.

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http://www.people.com/article/joe-jonas-gigi-hadid-relationship-red-carpet-photo

http://web.archive.org/web/20151010095123id_/http://www.people.com:80/article/joe-jonas-gigi-hadid-relationship-red-carpet-photo

Joe Jonas, Gigi Hadid Red Carpet Debut to Support Yolanda Foster : People.com

Joe Jonas and Gigi Hadid Dimitrios Kambouris/Getty Images for Global Lyme Alliance 10/09/2015 AT 07:10 AM EDT to their friends and fans – took their relationship public Thursday night, making their red carpet debut at the Global Lyme Alliance inaugural gala in New York. The pair stepped out to back Hadid's mom, Jonas declined interviews on the red carpet – telling reporters he was there to support Foster – but the 26-year-old mingled with his girlfriend's family. While Hadid, 20, made her way down the carpet, Jonas chatted up her step-father, composer , as well as giving her mom a big hug as soon as he saw her. Since they began dating this summer, Jonas and Hadid have been spotted out and about, enjoying And the singer has even started raving about the model in the media. , and Jonas couldn't be happier for her. "I'm really proud of her," he . "I think it's something that needs to be spoken about especially in that community. The industry seems to be changing for models, and it's great that she can have a voice."

Joe Jonas and Gigi Hadid stepped out to support Hadid's mom, who was honored at the Global Lyme Alliance gala

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http://www.cnbc.com/2015/07/03/do-public-colleges-offer-the-best-return-on-investment.html

http://web.archive.org/web/20151010105433id_/http://www.cnbc.com/2015/07/03/do-public-colleges-offer-the-best-return-on-investment.html

Do public colleges offer the best return on investment?

(Above infographic courtesy of PayScale.) PayScale calculated the ROI based on a salary survey of about 2.8 million people. The company has enough salary data from alumni of more than 1,000 private and public colleges to be statistically significant, said Katie Bardaro, PayScale's lead economist and analytics manager. "The larger the school, the more data we have on it," Bardaro said. To determine net ROI, PayScale used the difference between the earnings of public and private college graduates and high school graduates less the total anticipated cost of obtaining a college degree, using college cost data from the Department of Education's Integrated Postsecondary Education Data System (IPEDS) for schools included in its analysis. Read MoreWhy college costs are so high and rising For the schools in PayScale's College ROI Report, the average four-year cost for an in-state 2014 public school graduate was $29,609. For a private school graduate, the average four-year cost was $83,192. (Those numbers are considerably smaller than the figures published by the College Board, which estimates 2014 graduates from a private non-profit private university paid nearly $42,000 on average for the 2013-14 year alone, while those at a 4-year public paid nearly $19,000 for the year.) While salary and tuition projections may vary, there's no question that the tuition gap is growing between public and private universities. And examining the return on investment is an important factor when determining what type of school to attend, Bardaro said. Read MoreWhich colleges have the best return on investment? Indeed, rising college costs and stagnating wages have changed the way many parents approach picking a school. The traditional advice on college education used to be go to the best school you can get into, said Mark Schneider, president of College Measures, an education research firm, and a vice president at American Institutes for Research. But that's changing. "Going to a no-name private school that is $40,000 a year is just not worth it," he said. The diminished ROI of private institutions compared with public colleges will mean that many private schools "will bite the dust," he said, though the "top 100 name-brand" private colleges -- including those in the Ivy League -- should continue to thrive because their reputation and alumni network make the degree valuable. Read MoreWhat's the value of a college education? It depends Of course, the school a student attends isn't the only factor in determining potential earnings. The major a student pursues makes a big difference. "It is not where you go, but what you learn that determines what you make after graduation," said Anthony Carnevale, director of the Georgetown University Center on Education and the Workforce. For example, degrees in science, technology, engineering and mathematics (the so-called STEM fields) will likely produce better earnings outcomes than those in humanities. The ROI differences between private college and public college are dwarfed by the ROI differences among college degrees, he added. College graduates earn $1 million more than high school graduates on average, according to a recent report by Carnevale and his team, but the highest-paying majors earn $3.4 million more than the lowest-paying majors.

A new analysis of the return on investment of public and private universities finds that public colleges provide a better value.

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http://www.cnbc.com/2014/10/06/why-one-insurance-firm-wants-to-start-using-drones.html

http://web.archive.org/web/20151010111430id_/http://www.cnbc.com/2014/10/06/why-one-insurance-firm-wants-to-start-using-drones.html

Why one insurance firm wants to start using drones

Swain said the technology would not be used to replace a human in the process, but rather the devices would be used in collaboration with claims adjusters. USAA filed for permission to begin testing last week, and by law the FAA has to respond within 120 days. If approved, the company will use five pound drones made by PrecisionHawk and will do all testing on the USAA campus and privately owned land in San Antonio that is unpopulated. A call to the FAA was not returned. The FAA has kept a pretty tight reign on the use of commercial drones in the U.S. But the organization has increasingly come under pressure from numerous industries, as well as Congress, to implement the infrastructure so that drones can be used for business purposes. Until recently only a handful of companies operating in the Arctic have the FAA's permission to operate drones commercially. Read More Drones are invading the Arctic! In September, however, the U.S. government gave six movie and television production companies permission to use drones for filming. Tech giants like Amazon and Google hope to someday use the technology for deliveries and other industries like real estate companies aim to use the unmanned aircraft for photography. Read MoreAmazon's big drones plans may stay grounded

Drones may someday be used in your insurance claims assessments. A San Antonio-based insurance company has filed a request for permission with the FAA.

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http://www.cnbc.com/2014/09/09/us-crude-climbs-towards-93-on-inventory-drawdown.html

http://web.archive.org/web/20151010114130id_/http://www.cnbc.com/2014/09/09/us-crude-climbs-towards-93-on-inventory-drawdown.html

Oil pummeled by demand fears

"The report is very bearish given the large increases in refined product inventories, and even though the crude drawdown was close to expectations, it seemed to disappoint," said John Kilduff, partner at Again Capital LLC in New York. Brent crude for October delivery was down more than $1 to near $98 a barrel, off for a fifth straight session. and within view of its weakest levels since April 2013. Brent prices are off by 15 percent since hitting a year high above $115 a barrel in June, with fast-rising U.S. output and the return of exports from Libya creating a market that looks increasingly over-supplied. U.S. crude finished down $1.08 at $91.67 a barrel, the lowest since January 9. Oil prices on both sides of the Atlantic have dropped over the past three months, dragged down by soaring U.S. shale oil production which has replaced many imports from West Africa, Europe and other regions. Total production from members of the Organization of the Petroleum Exporting Countries rose last month despite Saudi Arabia saying it had cut output, according to the group's monthly market report on Wednesday. The OPEC report also cut the forecast for the expected demand for crude from the group by 160,000 barrels per day (bpd) in both 2014 and 2015. The U.S. EIA said on Tuesday that U.S. output in August hit its highest level since 1986. As prices have fallen due to higher production, traders and analysts have said that risks to supply from the Ukraine crisis and the difficult security situation in Iraq still remain.

Crude was hammered from all sides, dropping more than 1 percent on the day to new multi-month lows as traders feared the demand outlook.

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http://www.cnbc.com/2015/07/06/greece-may-send-global-interest-rates-higher-sink-stocks-analyst.html

http://web.archive.org/web/20151010115037id_/http://www.cnbc.com/2015/07/06/greece-may-send-global-interest-rates-higher-sink-stocks-analyst.html

Tom Lee: Investors should tune out Greece noise

Earlier Monday, analyst Peter Boockvar said Greece may be a "sideshow" in the international economy, but developments there could exacerbate the biggest risk to global assets. Investors have recently seen a global rise in interest rates, which could put pressure on U.S. stocks, which were "very expensive," said Boockvar, chief market analyst at the Lindsey Group. "To me, Greece is sideshow to the global rise in interest rates that we've seen," he told CNBC's "Squawk Box." "Let's just say that Greece is temporarily solved, interest rates are going to start heading higher again, and to me that's the risk to global asset prices." Read More Mohamed El-Erian: Grexit 'high probability' Higher interest rates present an alternative to stocks for investors. When rates run up significantly, it can lead to a flight from equity markets. Greece's "no" vote on new austerity was largely symbolic because the proposal was no longer on the table, but it moved Greece closer to default on an European Central Bank loan and signaled a potential first step toward its exit from the 19-nation euro zone. While the U.S. 10-year Treasurys fell to 2.3 percent Monday, Boockvar noted that the yield went from about 1.85 percent to 2.5 percent between the end of January and the end of June. Further uncertainty over the outcome in Greece and the broader euro zone would presumably lead investors to demand higher yields on the continent's debt to offset the risk of holding those assets. Greek banks remained closed and capital controls in place ahead of a European Central Bank meeting Monday on emergency lending to the country and a summit of European Union leaders set for Tuesday. The ECB froze increases to emergency lending last week after Greek Prime Minister Alexis Tsipras called the national referendum. Read More'Toxic' Varoufakis is out: Time for a deal? Greece has a 3.5 billion euro payment due July 20 on a bond held by the ECB. It entered arrears last week after failing to pay 1.6 billion euros on a bond held by the International Monetary Fund.

Developments in Greece and China bear watching but will have limited or no effect on the U.S. economy or markets, strategist Tom Lee says.

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http://www.cnbc.com/2014/12/22/cloudflare-to-open-a-data-center-a-week-in-2015.html

http://web.archive.org/web/20151010115216id_/http://www.cnbc.com/2014/12/22/cloudflare-to-open-a-data-center-a-week-in-2015.html

CloudFlare to open a data center a week in 2015

CloudFlare is on a mission to protect millions of websites around the world from the most sophisticated cyber-attacks. That requires a lot of data centers, so the company plans to open one a week in 2015. "If you fast forward 10 years, we'd like to be in every cell phone tower base station," said Matthew Prince, co-founder and chief executive officer of San Francisco-based CloudFlare. "The goal is to get as close as possible to the end users of the Internet. That allows us to deliver massive performance and security benefits." Since launching in 2009, CloudFlare has been growing with speed, doubling headcount every year and expanding revenue even faster. The company's software combines website security with Internet routing and content delivery, enabling webmasters to direct all traffic through the service in a matter of minutes. Over 1.5 million sites use CloudFlare. Read MoreProfiting in the cloud To offer security and maximum speed, CloudFlare has data centers across the globe. it buys cheap commodity boxes and loads them up with its own networking and security software. The company is currently in 30 facilities, including 10 in North America, another 10 in Europe and four in Asia. By the end of next year, the total will be 82, Prince said. Many of the new locations will be in Asian cities, including Bangkok, Jakarta and Chengdu. Meanwhile, Prince plans on doubling the number of employees to 256 in 2015 as he builds out the sales team. CloudFlare's business model is much different than a traditional enterprise software company in that 95 percent of its customers don't pay anything. In a few quick steps, free users just sign up and direct their traffic to go through CloudFlare's machines.

CloudFlare is trying to protect millions of websites from cyber-attacks. That requires many data centers, so it will open one a week in 2015.

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http://www.cnbc.com/2015/01/11/paris-gunman-appears-in-video-declares-loyalty-to-islamic-state.html

http://web.archive.org/web/20151010202118id_/http://www.cnbc.com/2015/01/11/paris-gunman-appears-in-video-declares-loyalty-to-islamic-state.html

Paris gunman appears in video, declares loyalty to Islamic State

Pictured in this composite of handout photos provided by the Direction Centrale de la Police Judiciaire on January 9, 2015 are Amedy Coulibaly, aged 32, (L) who is confirmed dead by police in connection with the shooting of a French policewoman yesterday, and known associate Hayat Boumeddiene, aged 26 still at large. One of three gunmen behind the worst militant attacks in France for decades appeared in a video released online on Sunday, declaring his allegiance to the Islamic State armed group and urging French Muslims to follow his example. In the seven-minute video apparently intended for release after the actions, Amedy Coulibaly, who staged the attack on a Jewish deli, said the planned assaults on a satirical journal and a Jewish target were justified by French military interventions overseas. A French anti-terrorist police source said there was no doubt it was Coulibaly in the French-language recording. Seventeen victims were killed in three days of violence that began with an attack on the Charlie Hebdo weekly on Wednesday and ended with Friday's dual sieges at a print works outside Paris and a kosher supermarket in the city. French security forces killed Coulibaly, 32, on Friday after he planted explosives at the Paris deli in a siege that claimed the lives of four hostages. They also shot dead two brothers behind the Hebdo killings, Said and Cherif Kouachi, after they took refuge in the print works. The Kouachi brothers said they were aligned to al Qaeda, which competes for influence with Islamic State among militant Islamists. Coulibaly had also called BFM-TV on Friday to claim allegiance to Islamic State, saying he wanted to defend Palestinians and target Jews. He said in that call that he had jointly planned the attacks with the Kouachi brothers. Police confirmed they were all members of the same Islamist cell in northern Paris. The video showed scenes of man resembling Coulibaly doing physical training and images of an arsenal of weapons and ammunition on the wooden floor of an apartment. He was shown variously in white robes, sitting with a gun at his side, and in combat outfit. "I pledged allegiance to the Caliph as soon as the caliphate was declared," he says, referring to Islamic State leader Abu Bakr al-Baghdadi, whose group is an anti-government paramilitary force in both Iraq and Syria that has a growing network of followers elsewhere in the Middle East and Asia. Coulibaly said he would be working together with the Kouachi brothers: "We've done things a bit together, a bit apart, to try and (achieve) more impact."

Amedy Coulibaly declares allegiance to the Islamic State armed group and urges French Muslims to follow his example.

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http://www.theguardian.com/artanddesign/2010/apr/21/artist-donald-urquhart

http://web.archive.org/web/20151011212312id_/http://www.theguardian.com/artanddesign/2010/apr/21/artist-donald-urquhart

Artist of the week 84: Donald Urquhart

Donald Urquhart's pen-and-ink drawings revel in tarnished glamour, dark dreams and kohl-black humour, and feature a cast of Hollywood sirens of yesteryear, broken divas, melancholy young men, drag queens and literary anti-heroes. All are realised in a style that mixes the simplicity of the Beano with the graphic finesse of Aubrey Beardsley. Urquhart's leading ladies may have seen better days, but they're defiant to the end. In one 2005 drawing, the hollow-cheeked Judy Garland delivers the killer line: "We're all over the goddamned rainbow", while Urquhart's Joan Crawford Alphabet wallchart (2007) begins with "A is for Axe". His latest series, depicting Vanity Fair's irrepressible Becky Sharpe, takes as its model the hard-nosed Hollywood heroine Bette Davis. Like the characters he celebrates, the Scottish artist is not one for being typecast. When he wasn't admitted into Glasgow art school he ended up in London, in the middle of the performance-art and drag-club scene of the 1980s, where he became a key figure in Leigh Bowery's circle. The 1990s saw him launch his own club night, The Beautiful Bend, co-hosted with friends Sheila Tequila and DJ Harvey. Urquhart has also worked as a postman, model and fashion journalist, but it was at the club that he created the drawings that would unexpectedly bring him art-world success. Photocopied and stuck to the walls of the club, the pictures remixed history with droll social commentary and gothic camp. For one theme night, gay references were paired with images of hooded medieval plague doctors. They caught the attention of the likes of Wolfgang Tillmans, Cerith Wyn Evans, Michael Clark and gallerist Gregorio Magnani, who gave Urquhart his first gallery show in 2002. Only three years later, the artist was shortlisted for the Beck's Futures Award. His exhibition, Another Graveyard (2004–05), was bittersweet, provoked by the deaths of several friends that year, and containing drawings of roses scented with a specially created perfume. Urquhart's fallen stars cling obstinately to a more exciting past, where the dialogue is always razor-sharp and the wardrobes are eternally stunning. But their fabulousness is maintained through gritted teeth, and their histrionics are tempered by heartache and disappointment. Why we like him: For his alphabetical wallcharts, which feature characters such as Alfred Hitchcock as well as Joan Crawford – defiantly not the kind of thing you'd expect to find in a schoolroom. From his Alphabet of Bad Luck, Doom and Horror (2004) to his wicked A-Zs on the pitfalls of stardom, they're fiendish fun. Phwoarh! Urquhart was once a pin-up model for the teen mag of yesteryear, My Guy. Where can I see him? Urquhart's solo exhibition Bi is at both Maureen Paley and Herald Street galleries in London until 23 May 2010.

This drag queen turned draughtsman takes Judy Garland and other faded film stars far beyond the rainbow – with bittersweet results

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http://www.cnbc.com/2015/09/09/republican-cruz-to-bask-in-trumps-limelight.html

http://web.archive.org/web/20151012180944id_/http://www.cnbc.com/2015/09/09/republican-cruz-to-bask-in-trumps-limelight.html

Republican Cruz to bask in Trump's limelight

Following the usual political playbook, Jeb Bush, the former Florida governor who had been considered by many the favorite for the Republican nomination, has gone on the attack, calling Trump a Democrat in disguise and bashing him for speaking highly of Democrat Hillary Clinton. The rest of the Republican field has been happy to pile on. Cruz, however, previously has had some words of praise for Trump. Cruz, the son of a Cuban immigrant, in July said he stood with Trump on immigration after Trump said that many illegal immigrants from Mexico are criminals. But in the unprecedented move by Cruz to hold a dual event is a hope that he will benefit from the media attention Trump receives and get the real estate mogul's fans to give Cruz a serious look if—or when—the front-runner falls. Read MoreThis may be the undoing of Donald Trump The entire Republican field opposes the Iran deal, struck by President Barack Obama and five other world powers, which will lift sanctions on Iran in return for curbs on its nuclear program. On Tuesday, Obama secured 41 votes in the Senate for the deal, just enough to block a final vote on a measure for disapproval. "Trump draws the media and we want to draw attention to the Iran deal," Cruz campaign spokesman Rick Tyler said. "He brings a lot of people into the process who have been checked out of politics and I like to imagine that a lot of those people have not heard from Senator Cruz directly."

Ted Cruz is hoping an unusual move will give him a boost: embracing Donald Trump to get his message in front of more Republican voters.

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http://www.cnbc.com/2015/09/14/is-john-kasich-the-gop-media-darling-who-could-finally-win.html

http://web.archive.org/web/20151013030021id_/http://www.cnbc.com/2015/09/14/is-john-kasich-the-gop-media-darling-who-could-finally-win.html

Is John Kasich the GOP media darling who could finally win?

The immediate next goal in that saga would be a second, headline-grabbing debate performance come Wednesday night, when the Republican contenders round up at the Ronald Reagan Presidential Library in Simi Valley, California. Last month, Kasich received glowing praise with his performance in the first GOP presidential debate, where his measured, open-hearted response to a question about gay marriage captured a political press surfeited by a summer of Donald Trump. Slate called Kasich's comments "gracious"; The Washington Post described them as "touching"; and The New York Times instantly score him a winner. Following this up with steady, gaffe-free work on the stump, Kasich has scaled to second in the latest New Hampshire polls. This, despite a very late entry into the race, which has given the Ohio governor comparatively little national ID, money to burn or room for error. "As long as he is not on the cover of Sports Illustrated, when you are running a campaign against people with a lot more money or dynastic support, it doesn't hurt to get as much media as you can," Weaver told CNBC.com. "In this cycle, it has its advantages to Gov. Kasich," said Matt David, an advisor to the pro-Kasich super PAC New Day for America who previously served with Weaver on the Huntsman campaign. "One of our biggest challenges is name ID, so anyone who is covering Kasich and covering him favorably is increasing his name ID." But the press' assessments have not all been so welcome: Since Kasich's announcement, the campaign has faced repeated comparisons to Huntsman's failed effort, in no small part because of the familiar faces on both campaigns. Although careful not to speak ill of their former client, Weaver et al. are relying on the supposition that Kasich is a more battle-tested political animal who can appeal to the base. "You are talking about someone who has been in politics for a very long time, has faced very difficult elections in a swing state like Ohio, faced a couple elections to become governor and won a pretty convincing re-election," said David.

Presidential candidate John Kasich is trying to parlay some good press into something more than his preceding center-right media darlings could.

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http://www.cnbc.com/2015/09/16/welcome-to-the-feds-stock-rally.html

http://web.archive.org/web/20151013051624id_/http://www.cnbc.com/2015/09/16/welcome-to-the-feds-stock-rally.html

Welcome to the Fed's stock rally

Some of Tuesday's rally could likely be attributed to traders front-running a well-known Wall Street phenomenon: the tendency of stocks to rise in the 24-hour period before an Federal Open Market Committee announcement. It's called "The Pre-FOMC Announcement Drift." Traders have been aware of this phenomenon for years, but the observation was given a research imprimatur in 2013 when David Lucca and Emanuel Moench, two officials with the Federal Reserve Bank of New York, published a paper on the phenomenon, noting that the move up was real and "orders of magnitude larger than those outside the 24-hour pre-FOMC window." Read MoreWall St now sees a Sept Fed rate hike: CNBC survey They not only said the phenomenon was real, they quantified it. Since 1994, the S&P 500 is up an average 0.49 percent in the 24 hours before an FOMC announcement. Lucca and Moench not only noted this was an outsized return, they made an even more startling claim: the returns over those eight yearly FOMC meetings accounts for 80 percent of annual realized excess stock returns. That got a lot of attention on trading desks. Moreover, Lucca and Moench concluded that some other major foreign stock markets exhibit "similarly large and significant pre-FOMC returns" but that no similar effect in Treasuries was discerned. Other macroeconomic news releases, such as the employment report, GDP and initial claims, also don't have the same effect on stocks. Read MoreWhen the Fed raises rates, here's what happens Why does this effect exist? Lucca and Moench speculated that it may be a premium required by investors for bearing "non-diversifiable risk." That is, investors want more to hold stocks going into an uncertain policy announcement. However, they ultimately conclude that they aren't quite sure why the effect occurs and conclude that the drift remains "a puzzle." Regardless, the phenomenon is certainly real, and we have even begun seeing attempts to jump ahead of the trend, which may explain a good part of yesterday's rally.

Tuesday's rally could likely be attributed to traders front-running a well-known Wall Street phenomenon: the "Pre-FOMC Announcement Drift.”

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http://www.cnbc.com/2015/09/17/goldman-sachs-likes-indian-mexican-czech-and-polish-currencies.html

http://web.archive.org/web/20151013061449id_/http://www.cnbc.com/2015/09/17/goldman-sachs-likes-indian-mexican-czech-and-polish-currencies.html

Goldman Sachs likes Indian, Mexican, Czech, and Polish currencies

When the dust settles after the Federal Reserve's rate decision, investors will shift their focus back to fundamentals, says Goldman Sachs, highlighting the Mexican peso, Indian rupee, Czech koruna and Polish zloty as bright spots in the emerging markets currency space. "[These are] the only bright spots where the real business cycle is still operating at a solid pace," the bank said in a note. Emerging market currencies, from the Brazilian real to the Turkish lira, were hit by relatively indiscriminate selling over the summer amid jitters over the prospect of Fed tightening as well as China's surprise currency devaluation. However, as Goldman points out, not all emerging market currencies are made the same. The four currencies are "better medium-term stories given that they are also less directly affected by China concerns relative to other Asian and commodity currencies," it said.

After the Fed's rate decision, investors will shift their focus back to fundamentals, says Goldman Sachs, highlighting emerging markets currencies.

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http://www.theguardian.com/artanddesign/2011/may/21/family-obsessive-compulsive-disorder

http://web.archive.org/web/20151014121831id_/http://www.theguardian.com/artanddesign/2011/may/21/family-obsessive-compulsive-disorder

Outside the box: living with OCD

For 12 years after she moved home, Bron, mother of photographer Léonie Hampton, couldn't bring herself to unpack her boxes, so the family lived in one half of the house and the boxes in the other. No one could sit in the sitting room or eat in the dining room because there were brown cardboard crates and plastic bin bags stacked up to the ceiling, filled with possessions from her first marriage. The way Bron explains it, the decision to leave the boxes undisturbed was the logical consequence of moving into a house that had no cupboards. Because there were no cupboards, there was nowhere to unpack things to, so leaving them in the boxes was the tidiest solution, particularly when the boxes became dusty, by which point the prospect of unpacking them began to disturb her. "It alarmed me, the way that when you open a box you are creating chaos," she says. "I would open it up and I would feel weary. I didn't have the energy to deal with it." Her daughter saw this paralysis as a part of her mother's obsessive compulsive disorder (OCD), with which she has been struggling for almost 30 years. She made a deal with her mother: she would help her reclaim her home from the boxes, as long as she could record the process in photographs. Hampton's book, In The Shadow Of Things, charts a not entirely successful mission to shed the layers of belongings that were taking up so much mental and physical space. The photographs are annotated with transcripts of her mother, explaining why things never got done. "I think one of the things that happens when you've been stressed by something is that you become indecisive," Bron says. "You're worried that if you make a decision, it's not going to be the right one, so you put it off and put it off, and then I couldn't make decisions about where to build the cupboards at all, so my possessions stayed in packing cases for, as it's turned out, 12 years." Hampton realised her mother's condition was worsening when she was no longer able to hug her after a two-hour train journey from London. ("They would be wearing clothes that had been on public transport. I was seeing germs everywhere," Bron explains.) The surfaces in her mother's kitchen would be covered with clean laundry wrapped in sheets of newspaper, because Bron felt the clothes required protection from invisible dust. Another room upstairs was disappearing beneath layers of carefully laundered clothes, each item sandwiched between pieces of newspaper, so that eventually her mother could access only a few things near the top, which was all she wore for several years. New boxes would appear, storing rubber bands, corks, children's drawings or a hairclip, slightly broken, preserved for possible mending at a later stage. "I think nostalgia comes into it a bit," Bron says. "If it is something that makes me happy, I find it incredibly hard to part with those memories." But the state of the house began to upset her grown-up daughters. "I think we all began to realise that this is how it would be for the rest of time and I would turn into Miss Havisham," she says. Hampton, whose previous work focused on other people's families, decided four years ago to turn the lens on her own: on her mother and stepfather David, her sister, Domino, and her young brother, Jake, who has grown up happily alongside the boxes. She acknowledges that her need to take photographs is her own compulsion, an equally obsessive desire to hold on to memories. Gradually they began to unpack, laying things on the grass outside where Bron says she hoped the "dust would blow away for ever". The photographs capture scenes of happy family life amid the bags and boxes, and of unexpected joy in the act of sorting out the chaos. The idea was to publish when the house was cleared, but that hasn't happened. In the entrance hall, a chair has been pushed awkwardly in front of the door to the dining room, as a barrier, preventing entry. Inside, boxes remain in tall, ordered stacks, unwanted clothes hang in the window obscuring the light, cartons marked "children's presents" sit on crates labelled "general presents" opposite boxes containing cuckoo clocks, Christmas reindeer, old linen. The room smells clean, and there are pathways between the boxes, but it is order laced with chaos: old wrapping paper rests on sagging bin bags; framed pictures of plants are hidden behind the cartons. Hampton believed her mother's OCD was triggered by stress and was sure the boxes were making her unhappy, which is why she wanted to help her restore order. Initially, she thought she could "annihilate" the OCD and its symptoms. "At the beginning I wanted to battle it," she says. "Now I've accepted it." Nonetheless, she hated the hidden nature of the condition, and wanted to display it in the photographs, to demonstrate that there was nothing shameful in it. Her mother took some persuading. "I didn't want to talk about it to begin with," Bron says. "I don't like this 'me, me, me' stuff. You look around the world, you see all these afflictions, desperate poverty everywhere; in the great scheme of things, OCD is so minor. It's not cancer." Gradually, she came around: "If it helps others understand it, I don't mind talking about it." In some ways, Bron likes her OCD. She finds hand-washing comforting; a therapeutic way of dealing with stress. "It's not helpful to try to stamp it out," she says. "It isn't harmful if it's mild." These photographs are taken from In The Shadow Of Things, by Léonie Hampton, published by Contrasto at £29.95. To order a copy for £23.96, including UK mainland p&p, go to guardian.co.uk/bookshop or call 0330 333 6846.

Photographer Léonie Hampton watched for 12 years as her mother's new house was colonised by crates and newspapers. When the family finally began to unpack, she captured the strangely joyful process. Amelia Gentleman reports

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http://www.people.com/article/dancing-stars-season-21-switch-up-week-recap-videos

http://web.archive.org/web/20151015202137id_/http://www.people.com:80/article/dancing-stars-season-21-switch-up-week-recap-videos

Tom Bergeron's Father Dead at 81 : People.com

By Aaron Couch and Patrick Gomez 10/12/2015 AT 10:55 PM EDT really switched things up Monday night, but that didn't stop some of them from soaring to new heights. Monday's Switch-Up Week episode saw stars paired with different pros, and a few of the stars rose to the occasion by turning in their best performances of the season. But on a sad note, host announced that his father, Raymond Bergeron, had passed away. "My dad loved this show. Never missed an episode," Bergeron said, choking up. "And I'd like to think somewhere that he didn't miss this one." Bergeron, who was absent during last week's episode to , dedicated this week's episode to the memory of his father, who died Monday at 81. No stars were sent home this week, but their scores from last week and this week will determine who goes home next week. Read on for more highlights from the episode. The episode belonged to the Penavegas, with the married couple earning the night's high scores. dazzled with straight 10s, becoming the first contestant of the season to do so. She credited her Switch-Up Week pro for giving her a battle mantra. "Derek's been drilling this in. Say, 'I am. I am strong. I am confident. I can do this!' " she said. Backstage she told people she was not expecting the response she received. "I knew that we had worked really hard, but you just never know what the judges are going to think," she told PEOPLE. got a much-needed win after being in the bottom two last week. His pro for the week helped lead him to a stunning 39 out of 40. "Thank you judges! You guys are amazing. I love you guys," Carlos said. Backstage, he credited his win to Arnold. "Lindsay taught me a lot ton this week about how to prepare for a dance. Those three 10s and that 9 are a testament to how awesome of a teacher she is," he told PEOPLE. For more from the couple, Things got hot and heavy between and his Switch-Up Week partner , but that didn't matter to Skarlatos, who seemed smitten with the pro. "Focusing while we're dancing is a little difficult. I mean, she is super attractive," Skarlatos said in a package showing their week training. "I can get distracted fairly distracted when I'm dancing with her. I tried to play it cool, and that lasted about 10 minutes. I couldn't do it. She's just too hot. I couldn't keep my cool under those circumstances." In the segment, Slater said Skarlatos was the guy she most wanted to dance with, so the feelings appear mutual. During the scoring segment, co-host tried to get the pair to commit to going on a date. Skarlatos was excited about the idea, and Slater – when prodded – said she was up for a date. Though she wasn't the high scorer of the night, was no slouch. With the help of , she earned her second consecutive 10 after earning one last week. "Each week has brought a different challenge and I've been glad to try and push myself to reach those goals and do the best job I can," she told PEOPLE backstage. was riding high after what called the celebrity chef's "best dance ever." But in her excitement, Deen nearly lifted up her skirt she tried look at the front of her skirt. "Nice southern girls don't do that! Naughty, naughty Paula," chastised Tonioli got into some hot water when he was accussed of holding up a seven but recording an eight in the scoring system after "It was a seven," shouted the judge. He ended up coming out triumphant, and Hayes' score was changed from 31 out of 40 to 30 out of 40. Who do you think will be sent home next week, when joins as a guest judge? Share your thoughts in the comments. airs Mondays (8 p.m. ET) on ABC.

"My dad loved this show. Never missed an episode. And I'd like to think somewhere that he didn't miss this one," said Bergeron

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http://www.bostonglobe.com/arts/music/2015/10/15/album-review-with-dead-with-dead/NiH62VkNSlpHGaCGylFGvO/story.html

http://web.archive.org/web/20151020053213id_/http://www.bostonglobe.com:80/arts/music/2015/10/15/album-review-with-dead-with-dead/NiH62VkNSlpHGaCGylFGvO/story.html

With the Dead, ‘With the Dead’

Blame Jus Oborn, crabby despot of English doom-metal outfit Electric Wizard. Like a hapless sap twisting the Lament Configuration in a “Hellraiser” flick, Oborn, in sacking drummer Mark Greening and vilifying Rise Above label head Lee Dorrian, unwittingly conjured an unholy trinity. First, Greening reconnected with fellow erstwhile Wizard Tim Bagshaw, his rhythm-section partner on landmark 2000 LP “Dopethrone.” The pair then linked up with Dorrian, the former Napalm Death vocalist whose long-lived doom-stoner juggernaut, Cathedral, dissolved in 2013. On the trio’s self-titled debut, Bagshaw’s obsidian fuzz on guitar and bass congeals potently with Greening’s elephantine lurch; Dorrian’s howl matches the baleful peaks he achieved on the first and last Cathedral albums. Yet amid the Sabbath-ian undertow is ample range: gallows swing on “The Cross,” understated guitar heroics on “Nephthys,” obsessive meditations in “Living With the Dead” and “I Am Your Virus,” even desolate beauty on instrumental bonus track “Celestial Suicide.” Selfishly, you have to hope these guys held onto a few demons to purge another day.STEVE SMITH

You bet the members of this doom-metal supergroup hold a grudge, resulting in a debut that’s suitably sludgy and morose, yet maintains a surprisingly regal bearing.

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http://www.people.com/article/bizarre-foods-andrew-zimmern-200th-episode-montage

http://web.archive.org/web/20151021010310id_/http://www.people.com/article/bizarre-foods-andrew-zimmern-200th-episode-montage

Grossest Foods He's Eaten : People.com

10/20/2015 AT 11:00 AM EDT "Those brains are really creamy." "A little poopy … in a good way." It's clear from an exclusive montage celebrating has tasted some crazy food – and loved it – during his time on the show. The montage takes us through some of most peculiar and insane things Zimmern has tasted over the series's run. If there's one thing he's learned during this time, it's that we all have different definitions of weird. "We have famously lived by the words of this show that one man's weird is another man's wonderful," says Zimmern, 54. "And, I have certainly put that to the test." 's 200th episode finds Zimmern dining a little closer to home in Philadelphia. On the menu this week are two twists on the doughnut that hail from the Middle East and Africa. returns Tuesday at 8 p.m. ET on the Travel Channel.

The 200th episode of Bizarre Foods with Andrew Zimmern airs Oct. 20 at 8 p.m. ET on the Travel Channel

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http://www.9news.com.au/technology/2015/10/21/17/34/internet-providers-in-breach-of-data-laws

http://web.archive.org/web/20151023005753id_/http://www.9news.com.au:80/technology/2015/10/21/17/34/internet-providers-in-breach-of-data-laws

Internet providers in breach of data laws

The federal government has processed less than a third of data retention plans submitted by internet service providers, while hundreds more have not even put forward proposals, placing them in technical breach of the country's metadata laws. The Attorney-General's Department has confirmed that of the 229 plans submitted by ISPs to show that they comply with the laws - which require them to collect and store the metadata - just 79 have been processed. Hundreds more ISPs have not even submitted plans, as they struggle to understand what is required of them in collecting and storing the metadata of Australians, despite the data retention laws coming into effect on October 13. The more than 400 ISPs operating in Australia, which includes large telcos such as Telstra and also many smaller operators, had been given six months to ready themselves. Internet Australia chief Laurie Patton says the process was flawed from the start, and has called on Prime Minister Malcolm Turnbull to fast-track a review of the legislation, arguing it was rushed through when introduced, is too complex and will make some ISPs unviable. "Successive attorneys-general, from both sides, rejected pressure from law enforcement agencies to bring in data retention legislation," he told AAP on Wednesday, adding that Attorney-General George Brandis and his department "were just following the then prime minister (Tony Abbott's) instructions". The laws include a mandatory review of the data retention scheme within three years but Mr Patton said many ISPs cannot wait that long. "It needs to be fixed now," he said. "The information we got from Senate estimates last night confirms the implementation process is a mess." Mr Patton also said the $131 million set aside to support ISPs through the implementation process fell well short of what was needed. "Not only is the funding inadequate, there is no support for the ongoing cost of complying," he said. "You don't have to be a rocket scientist to work out consumers are going to be slugged with additional access fees or that smaller ISPs are going to go broke."

Hundreds of internet service providers have failed to meet a federal government deadline for submitting plans for collecting and storing metadata.

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http://www.cnbc.com/2014/01/29/-family-of-nfl-commissioner-roger-goodell.html

http://web.archive.org/web/20151023232410id_/http://www.cnbc.com/2014/01/29/-family-of-nfl-commissioner-roger-goodell.html

Family members of NFL Commissioner Roger Goodell go long

Law runs in part of the Goodell family. Charles went to Yale Law School and practiced before becoming a politician, and two of his sons have become successful lawyers. Bill Goodell, the oldest in the family of five boys, is chief operating officer of Maverick Capital, Lee Ainslie's $9 billion hedge fund firm. He previously was with hedge fund legend Julian Robertson, as general counsel of Tiger Management. During his roughly 10 years at Tiger, Goodell worked with the "Tiger Cubs," alumni—including Chase Coleman, Andreas Halvorsen, John Griffin, Steve Mandel and Chris Shumway—who left to launch their own funds. Like his father, Bill Goodell has dabbled in politics and political influence. In 2012 and 2013, he was chairman of the Managed Funds Association, the top hedge fund lobbying group; he's still on the executive committee. He is also co-chair of the Environmental Defense Action Fund, the lobbying arm of the Environmental Defense Fund. Bill said that his father taught him about the business of lobbying. "You should never be afraid to walk away from a client—you need to keep your reputation," he said in an interview with CNBC.com. "That's a corollary to my dad's life. He was prepared to stand up for what he believed in and take heat for it."

The family of the NFL's Roger Goodell includes a maverick U.S. senator, the COO of a large hedge fund and the general counsel of a major company.

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http://www.cnbc.com/2013/10/13/uk-court-to-hear-evidence-ahead-of-landmark-libor-ruling.html

http://web.archive.org/web/20151025195830id_/http://www.cnbc.com/2013/10/13/uk-court-to-hear-evidence-ahead-of-landmark-libor-ruling.html

UK court to hear evidence ahead of landmark Libor ruling

In previous legal rulings judges have stopped short of saying Libor is relevant to all claims against banks but said it could be used in cases where contracts have been linked specifically to the benchmark. Barclays is being sued for up to 70 million pounds ($112 million) by Guardian Care Homes, a UK residential care home operator, which alleges the bank mis-sold it interest rate hedging products that were based upon Libor. The case has been delayed until April 2014 so the appeal decision can be heard. It started out as a complaint about the alleged mis-selling of interest rate swaps but a judge ruled last October that it could be amended to include claims of fraudulent misrepresentation connected to Libor manipulation. (Read more: Libor rate to be administered by NYSE Euronext) Barclays said the case has no merit because Guardian Care Homes had sufficient understanding of the products to make its own judgment over whether to enter into the agreements. "The addition of a claim based on what happened with Libor does not change the bank's view. This business had a suite of advisors and a lot of financial experience and skill in-house," it said on Friday. Barclays last year paid a $450 million to settle allegations it manipulated Libor, and UBS and Royal Bank of Scotland have been fined for manipulating Libor. Deutsche is among several other banks under investigation. Deutsche Bank last year sued Indian property firm Unitech for the repayment of a $150 million loan made in 2007 by a consortium of lenders and for the repayment of $11 million owed for a related interest-rate swap. (Read more: Europe sets out plans to stop Libor rigging) But Unitech counter-sued, saying the loan and swap deal were linked to Libor interest rates, which at the time were being manipulated by some banks. A U.K. court last month said Unitech must repay the loan, but said the dispute over the related swap should go to trial. The judge said just because there was evidence the Libor rate had been manipulated did not make a loan void. But he said the terms of the swap agreement and its specific link to a Libor contract were more contentious. "The defendant's attempts to introduce broad and unsupported allegations about Libor, which have already been rejected once by the High Court, are a bid to delay payment and divert attention from its unpaid debts," Deutsche Bank said on Friday. Lawyers for Guardian Care Homes and Unitech declined to comment. ($1 = 0.6268 British pounds)

A British court will this week consider whether attempted manipulation of the benchmark interest rate Libor can invalidate loans and other deals.

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http://www.sfgate.com/49ers/article/NFL-Steelers-QB-Roethlisberger-may-return-6591896.php

http://web.archive.org/web/20151027031438id_/http://www.sfgate.com/49ers/article/NFL-Steelers-QB-Roethlisberger-may-return-6591896.php

NFL: Steelers’ QB Roethlisberger may return Sunday

Photo: Wilfredo Lee, Associated Press Texans running back Arian Foster is helped off the field after suffering an Achilles injury Sunday. Texans running back Arian Foster is helped off the field after suffering an Achilles injury Sunday. NFL: Steelers’ QB Roethlisberger may return Sunday All signs point to quarterback Ben Roethlisberger’s return to Pittsburgh’s lineup for an AFC North home game next Sunday against unbeaten Cincinnati. Nothing has been made official, but Steelers coach Mike Tomlin said the two-time Super Bowl winner, who missed four games with a sprained knee and bruised leg, was “close” to starting Sunday in the team’s 23-13 loss at Kansas City. Tomlin said he felt good about Roethlisberger’s availability against Cincinnati, but cautioned that the Steelers’ franchise quarterback still has to go through a week of practice. Roethlisberger, who has missed 21 games in 11-plus seasons, suffered his injury in the third quarter of a September win at St. Louis. The Steelers were third best in the NFL at nearly 300 yards passing per game with Roethlisberger under center. Without him, the Steelers averaged close to 200 yards passing, third worst in the league. Foster’s season over: Texans running back Arian Foster is out for the season with an Achilles tendon injury. Coach Bill O’Brien says he expects Foster to miss the rest of the season but didn’t elaborate on the injury to Foster’s right leg. Foster was injured without being hit late in the Texans’ 44-26 loss to Miami on Sunday. He was in motion when he fell to the ground at the beginning of a play. Foster missed the first three games of the season after tearing his groin muscle in training camp. The injury is a significant blow to a team that has struggled on offense and is 2-5 after its second blowout loss of year. Lions shakeup: The Lions fired offensive coordinator Joe Lombardi and offensive line coaches Jeremiah Washburn and Terry Heffernan on Monday, a day after the team dropped another game in a listless performance against the Vikings. Quarterbacks coach Jim Bob Cooter is taking over as offensive coordinator. Detroit fell to 1-6 with its 28-19 loss to Minnesota. Matthew Stafford was sacked seven times and after the game had X-rays taken of his left hand, which came back negative. Detroit plays in London on Sunday against the Chiefs. Briefly: Vikings center John Sullivan has undergone a second surgery on his back, putting his return to the field this season in doubt. Coach Mike Zimmer said Sullivan aggravated his injury while weightlifting about 10 days ago. ... The NFL says more than 460 million total minutes of video were consumed for Sunday’s game between the Bills and Jaguars. More than 15.2 million unique viewers watched for any length of time. That works out to about a half-hour per viewer. Approximately a third of the audience was international.

All signs point to quarterback Ben Roethlisberger’s return to Pittsburgh’s lineup for an AFC North home game next Sunday against unbeaten Cincinnati. Nothing has been made official, but Steelers coach Mike Tomlin said the two-time Super Bowl winner, who missed four games with a sprained knee and bruised leg, was “close” to starting Sunday in the team’s 23-13 loss at Kansas City. Texans running back Arian Foster is out for the season with an Achilles tendon injury. Coach Bill O’Brien says he expects Foster to miss the rest of the season but didn’t elaborate on the injury to Foster’s right leg. The Lions fired offensive coordinator Joe Lombardi and offensive line coaches Jeremiah Washburn and Terry Heffernan on Monday, a day after the team dropped another game in a listless performance against the Vikings. Quarterbacks coach Jim Bob Cooter is taking over as offensive coordinator. The NFL says more than 460 million total minutes of video were consumed for Sunday’s game between the Bills and Jaguars.

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http://www.9news.com.au/world/2015/10/26/14/58/elk-saved-from-neck-deep-mud-on-chinese-building-site

http://web.archive.org/web/20151027132144id_/http://www.9news.com.au/world/2015/10/26/14/58/elk-saved-from-neck-deep-mud-on-chinese-building-site

Stricken elk saved from deep mud on Chinese building site

An exhausted elk stuck in mud at a construction site in China has been spared a slow and agonising death by the ingenious rescue efforts of dedicated workers. A video published online last week shows men at a muddy construction site in Yancheng city in Jiangsu Province using an excavator to free a stricken elk in scenes reminiscent of the heart-breaking moment when the horse succumbed to the mud in The NeverEnding Story. Footage of the rescue posted online by China Central Television starts with the utterly exhausted animal standing completely still up to its neck in mud and seemingly resigned to its fate. Workers watch and film with their phones as a large excavator raises its mechanical arm before lowering it to dig at the ground around the elk. After around an hour of attempts the animal is lifted out of the slushy mud and onto firmer ground where it gingerly wanders off.

An exhausted elk stuck in mud at a construction site in China has been spared a slow and agonising death by the ingenious rescue efforts of dedicated workers.

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http://www.bostonglobe.com/arts/music/2015/10/27/troye-sivan-leaps-from-virtual-reality-sinclair/UbiV87W5Q0ZpoRo0XleVxI/story.html

http://web.archive.org/web/20151029145521id_/http://www.bostonglobe.com/arts/music/2015/10/27/troye-sivan-leaps-from-virtual-reality-sinclair/UbiV87W5Q0ZpoRo0XleVxI/story.html

Troye Sivan leaps from virtual to reality at Sinclair

CAMBRIDGE — Several hours before Troye Sivan arrived, his fans were already lining up outside the Sinclair on Monday. Once inside, they hoisted paper heart cutouts and handmade signs bearing the nickname only Sivan’s family uses. They hijacked choruses and sang louder than the man who wrote them and chanted “Troye! Troye! Troye!” before and after he was onstage. Sivan, a South African-born singer and actor who was raised in Australia, is the newest form of pop star. While still a baby-faced teen with Bieber-esque hair, he amassed a fervent online following through an endless parade of YouTube videos, chronicling his adventures and crooning a mix of covers and originals. By the time he signed to a major label, he was well on his way to stardom. At the Sinclair, with simply a drummer on his right and a keyboard player to his left, it was apparent the 20-year-old musician will be playing larger rooms and to bigger crowds sooner rather than later. It’s hard not to root for a self-made star. And it helps that Sivan’s music, a hyper-stylized amalgam of ambient R&B and seductive electronic pop, is en vogue at the moment courtesy of Tinashe, Halsey, Lorde, and even Nick Jonas. “So kiss me on the mouth and set me free/ But please don’t bite,” Sivan sang on “Bite,” prompting a swell of teen screams that made the shy singer blush, even though he’s used to it. It was curious — and, frankly, refreshing — to witness such effusive female fans pining for an artist they must know is openly gay. But perhaps romantic desire has very little to do with Sivan’s success; his admirers seem proud of the way he has ascended, presumably on his own terms, which he admitted during the show has always been his goal. Sivan will release his full-length debut, “Blue Neighbourhood,” in early December, but Monday night offered a preview. As a songwriter, he has a penchant for documenting disillusion. On “Happy Little Pill,” he sang of loneliness and the ways we combat it: “My happy little pill/ Take me away/ Dry my eyes/ Bring color to my skies.” He already has an arsenal of radio-friendly ballads with the perfect hint of sexual healing, too. “’Cause when you look like that/ I’ve never ever wanted to be so bad/ It drives me wild/ You’re driving me wild,” he sang on “Wild,” his voice low and slow. Sivan kept the performance brisk — just 40 minutes — but that was enough to suggest his fame is on the verge of making the leap from online to real life.

At the Sinclair, Troye Sivan made it clear it’s only a matter of time before the rising Australian pop star is playing bigger rooms and to larger crowds.

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http://www.bostonglobe.com/business/2015/10/27/city-hall-unveils-starthub-homepage-for-startups-partnering-with-ibm/cbqI73uT1YHo6iIx3eozTJ/story.html

http://web.archive.org/web/20151029160826id_/http://www.bostonglobe.com/business/2015/10/27/city-hall-unveils-starthub-homepage-for-startups-partnering-with-ibm/cbqI73uT1YHo6iIx3eozTJ/story.html

City Hall unveils StartHub ‘homepage’ for startups, partnering with IBM

City Hall’s plan to attract and support startups is getting some more firepower. On Tuesday, Mayor Martin J. Walsh unveiled StartHub, a website designed to serve as a homepage for technology entrepreneurs in Boston. StartHub will feature information about the city’s technology scene, including a list of incubators and co-working offices, an events calendar, industry news, and “a curated stream” of Boston-based companies and investors. Walsh announced the StartHub initiative in his State of the City speech earlier this year. It’s part of a broader push to make Boston more attractive to startups and growing tech companies, headed by startup czar Rory Cuddyer. The StartHub website is being sponsored by IBM, with “no public funding” being spent, the city said. Venture Cafe, a Boston nonprofit that organizes community meetings, and Gust, a website that helps entrepreneurs find investors for their startups, are also providing content for the site and helping promote StartHub, the city said. Boston’s efforts to attract startups have faced some questions from entrepreneurs and investors, who were initially unsure what Cuddyer or City Hall could offer fast-growing private companies. The city has, however, touted a behind-the-scenes role in helping companies that need room become priced out of traditional startup neighborhoods such as Cambridge’s Kendall Square.

StartHub is designed to serve as a homepage for technology entrepreneurs in Boston.

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http://www.cnbc.com/2014/01/08/sac-alums-find-success-despite-negative-press.html

http://web.archive.org/web/20151029163409id_/http://www.cnbc.com/2014/01/08/sac-alums-find-success-despite-negative-press.html

SAC alums find success despite negative press

(Read more: Moore Capital set to hire SAC traders) Karp's Tourbillon Capital Partners is a prime example. Karp worked at SAC's CR Intrinsic unit from 2005 to 2009, where he was a generalist portfolio manager and director of research. After a stop as co-chief investment officer of Carlson Capital, Karp launched his own long/short equity hedge fund firm on Jan. 14, 2013 with about $250 million under management, half of it from U.K. pension funds. Tourbillon has sucked in assets ever since. The firm managed $750 million as of Jan. 1, according to a person familiar with the situation, and plans to add about $250 million more from investors over the second quarter. The fund plans to stop all new investment at about $1 billion, known as a "hard close." Investors were evidently focused on Karp's investing skills. Tourbillon's flagship fund gained 20.7 percent net of fees in 2013, about the same as at SAC and nearly twice the return of the Absolute Return Global Equity Index, which gained 11.85 percent through November. Impressively, the return was accomplished with an average net exposure over 2013 of 14.5 percent, meaning Tourbillon long bets on stocks barely outweighed its shorts. Some of the best performing hedge funds had exposures closer to 35 percent or 40 percent as of December. Successful long trades included Japanese tech company SoftBank and Chinese online travel business Ctrip.com, according to investor letters obtained by CNBC.com. Amy Zipper, Tourbillon's chief operating officer, declined to comment. (Read more: No letup on risk for hedge funds this December) Cowen's Suvretta Capital Management is another fast-rising fund run by an SAC alum. Cowen worked as chief investment officer at SAC from 2008 to 2010, where he co-managed the firm's multi-billion dollar central investment portfolio with Cohen himself. After time at Soros Fund Management in between, Cowen launched Suvretta, a long/short equity focused firm. The shop's funds opened to outside capital in October 2012 and attracted $165 million as of Jan. 1, 2013. But thanks to a strong 26.3 percent net gain in 2013, the firm has more than $700 million as of Jan. 1 this year, according to investor materials obtained by CNBC.com. Cowen declined to comment. (Read more: Hot new eBay item: SAC Capital polar fleece) A third example is Shaver's Electron Capital Partners. The firm's utility and infrastructure stock-focused team and strategy was part of SAC from 2008 to 2012 and managed an average of$1.3 billion. Shaver spun out and opened Electron to external investors on May 1 with $20 million. Electron has already grown to $191 million after gaining 14.72 percent net of fees from March through December 2013, according to investor materials obtained by CNBC.com. That's more than double the MSCI World Utilities Index gain of 7.20 percent over the same period. Recent winners include long bets on the stocks of energy companies NRG Yield and Pattern Energy. Shaver declined to comment. Of course, not all SAC alums have fared as well. Paul Orwicz, a portfolio manager at SAC for 11 years, left to launch Sursum Capital Management in March 2010 and raised significant assets to run $720 million by April 2011. But double-digit losses in 2011 causes Orwicz to shut the long/short equity firm and rejoin SAC. (Read more: Jury finds SAC Capitol Advisors' Michael Steinberg guilty) A more recent stumble came at Adams Hill Partners, run by SAC alum Andrew Schwartz. An SAC portfolio manager from 2004 to 2012, Schwartz raised $334 million from investors as of Dec. 1, 2013 after launching in January 2013. But redemptions could come after his industrials, mining and materials-focused fund performed poorly in 2013, losing 8.58 percent through November, according to investor materials obtained by CNBC.com. Recent losers for the low-net exposure fund were short bets on two unnamed chemical companies and a refining company. Adams Hill didn't respond to a request for comment. Regardless, observers don't expect investors to automatically reject the funds of future SAC alums. Recent or planned launches have come from SAC portfolio manager David Vogt's Point Harbor Partners and Anil Stevens, who co-managed recently-shut SAC unit Parameter Capital Management. "There is very little sense of stigma," said one investor consultant who tracks hedge fund launches closely. SAC has been reeling from a string of insider trading convictions and settlements. Most recently, portfolio manager Michael Steinberg was found guilty on Dec. 18 for various violations. He faces time in prison. Another, Mathew Martoma, faces trial imminently. In early November, SAC pleaded guilty to criminal insider trading charges and agreed to pay a $1.2 billion fine. Cohen, who has not been personally charged with any crime, also agreed to stop managing outside capital. That was on top of a $616 million fine by the Securities and Exchange Commission for related charges. (Read more: Trial to Begin for Ex-SAC Trader Who Cut No Deal) A spokesman for SAC didn't respond to a request for comment, but a recent SAC statement made clear it didn't believe there was a culture of corruption, as the government alleged. "We take responsibility for the handful of men who pleaded guilty and whose conduct gave rise to SAC's liability," the firm said on Nov. 4, 2013. "These wrongdoers do not represent the 3,000 honest men and women who have worked at the firm during the past 21 years."

The SAC brand starts 2014 severely sullied, but that negative reputation hasn't stopped recent alums of the firm from raising piles of cash.

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http://www.cnbc.com/2014/06/06/filthy-babies-could-grow-into-healthier-adults.html

http://web.archive.org/web/20151104230438id_/http://www.cnbc.com/2014/06/06/filthy-babies-could-grow-into-healthier-adults.html

Filthy babies could grow into healthier adults

In fact, wheezing was three times as common among children who had less exposure to those allergens early in life. The protective effect of early exposure to allergens was amplified if the home also contained a wide variety of bacteria. The reason may be that "a lot of immune system development that may lead someone down the path to allergies and asthma may be set down early in life," Wood said. Read MoreThe OpenTable for doctors hits the office Researchers aren't ready to try to translate the new findings into practical advice for parents. But, Lloret said, we now know that "strict avoidance of allergens from the beginning does not protect you, and early exposure in the right context may make the difference between disease and tolerance. You could say that this is the downside of cleanliness." The new findings may upend advice experts have been giving to parents on the topic of pets and newborns. "Twenty years ago we used to tell parents to get the cats and dogs out of the house," Wood said. "This shows that the younger the child is when you get a pet, the better." —By Linda Carroll, NBC News

A study suggests that exposure to cat dander, bacteria, and even rodent and roach allergens may help protect infants against allergies.

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http://www.thepostgame.com/list/201511/2015-halloween-costumes-lebron-james-tom-brady-russell-wilson-alexander-ovechkin-nba-nfl

http://web.archive.org/web/20151106010701id_/http://www.thepostgame.com:80/list/201511/2015-halloween-costumes-lebron-james-tom-brady-russell-wilson-alexander-ovechkin-nba-nfl

2015 Best Athlete Halloween Costumes

Popeye, you've had enough spinach. Ovie dressed up as Matt Harvey ... Batman. His fiancee, Nastya Shubskaya, matched as Batgirl. The Washington Capitals winger's wife has her dalmatian on a leash. Lauren Oshie dressed as Cruella De Vil from 101 Dalmatians. There is a lot going on here, but take note of Steven Adams as the Joker from The Dark Knight, Kevin Durant as Miles Logan of Blue Streak and Russell Westbrook as Steven Adams. D-Will jumps on the Game of Thrones bandwagon with a Khal Drogo costume. Apparently Lurch from The Addams Family is a hit among Germans. After all, Frankenstein was created in Germany. Tony Stewart dressed as his alter ego, "Tanya." Here he is with Kurt Busch's crew chief, Tony Gibson, who dressed as an expletive. This kid is not an athlete (yet), but he dresses the part. Oh, and here is the canine version. The Around the Horn analyst went all in with a James Harden costume on-air. Tim Tebow dressed as (an incredibly jacked) SWAT team officer arresting Paul Finebaum, costumed as a jockey. The Oklahoma coach turned into Yoda after the Sooners handled Kansas, 62-7. The Cougars dress up as players from Remember the Titans, which may have outdone their costumes from The Sandlot a year ago. The two-time NBA champ is Captain America for a night. The Penguins winger is timely with a Marty McFly costume, while Pascal Dupuis dons a respectful Minion costume. The Lakers rookie embraces Los Angeles as Eazy-E. The Maple Leafs captain takes Halloween seriously. The couple turns into vampires by night. The USWNT goalkeeper usually intimidates, but on this night, she was chicken. The Buffalo Sabres mega-rookie is also a fashionable unicorn. The NHL legend is some sort of vampire-alien. This is probably photoshopped, but it should still make Bill Belichick cringe. Even a king can be Prince. The skier gets in the spooky spirit. The Panthers linebacker mocks his quarterback. Never hit the redshirt in practice. The man, the myth, the legend. The soccer star couple crushes the Serena-Drake game. Not that Smith ever acts like a baby ... K-Love rocking the fictional Flint Tropics jersey from Semi-Pro. Russell Wilson goes with the standard Dark Knight look. Girlfriend Ciara complements as Catwoman. The current and former tennis stars apparently take this picture from Paris. Good, the U.S. could use some top-notch American tennis talent. He is new to New York and does not know there is only one Thor: Mets pitcher Noah Syndergaard. Brook Lopez (Darth Vader) would not be outdone by his twin brother and rival center, Robin.

Most of the time, fans only get to see the serious side of athletes. Halloween weekend always seems to bring out the best in people. Below are some of...

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http://www.people.com/article/donald-trump-makes-fun-marco-rubio-sweating-too-much

http://web.archive.org/web/20151106012449id_/http://www.people.com:80/article/donald-trump-makes-fun-marco-rubio-sweating-too-much

Donald Trump Makes Fun of Marco Rubio for Sweating Too Much : People.com

Marco Rubio (inset) and Donald Trump Jose Luis Magana/AP; Inset:Andrew Burton/Getty 11/03/2015 AT 02:45 PM EST Talk about sweating the small stuff. has ventured into uncharted insult territory with a series of strange attacks on his fellow GOP presidential hopeful Marco Rubio – all of them about the Florida senator's perspiration habits. on Monday that he hoped debate venues would be better air conditioned in the future, adding, "[Rubio] is the one that sweats the most. He's the youngest but I have never seen any human being sweat like that." Trump, 69, also called Rubio "overrated" several times during the interview and said he believed himself to be better looking than the 44-year-old senator. "I watched somebody on [MSNBC's ] show this morning and he's fawning over him," Trump said. "He says how handsome [Rubio] is. I don't know, I think I'm better looking than he is. Am I better looking than him?" It turns out this isn't the first time Trump has taken a sweat swipe at Rubio – according to a 's Daniel Lippman, the billionaire businessman has made at least eight similar remarks about his rival in the last seven weeks alone. at the South Carolina African American Chamber of Commerce in Charleston, Trump said of Rubio, "I've never seen a young guy sweat that much. He's drinking water, water, water ... I never saw anything like this with him, with the water." (Rubio famously took a sip of water during his Republican response to President Obama's State of the Union address in 2013.) The next day Trump was , "He sweats more than any young person I've ever seen in my life … I've never seen a guy down water like he downs water … They bring it in in buckets for this guy." And on Oct. 5 the Trump campaign took things to the next level and reportedly sent Rubio a " " that included Trump-themed towels, a 24-bottle case of "Trump Ice Natural Spring Water" (with Trump's face on it) and a note reading, "Since you're always sweating, we thought you could use some water. Enjoy!" Rubio later laughed off the prank care package to Fox News, saying, "I drink water. So what? And I only sweat when it's hot." Trump has his own reason to be sweating. A new poll on Tuesday shows Ben Carson has increased his lead over the real estate mogul, getting support from 29 percent of GOP primary voters, with Trump trailing at 23 percent.

"I've never seen a young guy sweat that much," Donald Trump says of Marco Rubio

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http://www.cnbc.com/2015/08/18/reuters-america-citigroup-to-return-45-mln-more-in-fee-overcharges.html

http://web.archive.org/web/20151108152705id_/http://www.cnbc.com/2015/08/18/reuters-america-citigroup-to-return-45-mln-more-in-fee-overcharges.html

Citigroup to return $4.5 mln more in fee overcharges

NEW YORK, Aug 18 (Reuters) - Citigroup Global Markets Inc (CGMI), a unit of Citigroup Inc, has agreed with the New York attorney general to return $4.5 million in account management fees charged on some 15,000 frozen accounts. As a result of the agreement, a total of more than $20 million will be refunded to Citi customers for overcharges in an investigation initiated by New York Attorney General Eric Schneiderman. In October, CGMI agreed return some $16 million to more than 31,000 customers who paid higher advisory fees than they had negotiated. The latest overcharges are set to be announced on Wednesday. "We are pleased to work with the New York Attorney General on this matter," a Citigroup spokesman said in an email. "We deeply regret the inconvenience to our clients, who will be reimbursed with interest." Customers did not receive fee rebates they were entitled to when their accounts were frozen, according to the attorney general's office. Accounts can be frozen for a variety of reasons, the office said, and in some cases, customers should not have been charged fees. CGMI sometimes rebated the fees when requested, an internal review found, and procedures weren't in place to determine when they were appropriate. As part of the October agreement, CGMI agreed to conduct an internal review of other types of accounts, which is how the bank identified the overcharges related to periods of inactivity. The New York attorney general began his investigation of CGMI in 2012 after a complaint from a customer in Westchester, New York, who had negotiated a 1.2 percent fee, but was charged 1.5 percent, costing her more than $3,000 over three years. (Reporting By Karen Freifeld. Additional reporting by David Henry. Editing by Soyoung Kim and Alan Crosby)

NEW YORK, Aug 18- Citigroup Global Markets Inc, a unit of Citigroup Inc, has agreed with the New York attorney general to return $4.5 million in account management fees charged on some 15,000 frozen accounts. As a result of the agreement, a total of more than $20 million will be refunded to Citi customers for overcharges in an investigation initiated by New York...

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http://www.people.com/article/marco-rubio-credit-card-statements-personal-charges

http://web.archive.org/web/20151110233720id_/http://www.people.com:80/article/marco-rubio-credit-card-statements-personal-charges

His Biggest Personal Charges : People.com

11/09/2015 AT 06:00 PM EST 's campaign has released his statements from when he was speaker of the Florida House – which showed he charged $7,243.74 in personal expenses in 2005 and 2006 on an American Express card issued by the Republican Party of Florida. The long-awaited release – which comes amid intensified scrutiny over the GOP presidential candidate's personal use of the charge card, as well as his general financial woes – was accompanied by a statement from Rubio's campaign maintaining that he reimbursed the party in full for all of his personal purchases. "Marco paid his personal charges directly to American Express," the statement said, according to . "The Republican Party of Florida did not pay for any of Marco's personal expenses. Further, taxpayer funds were not used for any political or personal charges on the card." According to Rubio's campaign, he made eight of them to the tune of $7,243.74 (out of the $64,777.82 charged to the card during a 22-month time period between January ). Here's a quick rundown. According to his campaign, Rubio used the wrong credit card to cover this charge, which he paid off immediately in the next billing period. Rubio's campaign said he extended a business-related stay for personal reasons and that he has family in the area, according to CNN. Rubio's campaign said it was a fund-raising trip and he paid for his ticket himself. The records do show that Rubio's account incurred $1,700 in late fees and penalties over a four-year period while he was in the Florida legislature. It's unclear whether Rubio or the Florida GOP paid for the fees. His spokesman Todd Harris said, "When Marco was responsible for late fees, he paid them. When the party was responsible because it didn’t make its payments, it paid them." During an appearance Wednesday on , Rubio denied allegations that he used the charge card to cover personal expenses. "Now, I recognize in hindsight, I would do it differently to avoid all this confusion," he told ABC's George Stephanopoulos. "But the Republican Party never paid a single expense of mine – personal expense," he said. "Every month, I'd go through it. If it was a personal expense, I paid it. If it was a party expense, the party paid it."

Marco Rubio's campaign says he "paid his personal charges directly to American Express"

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http://www.bostonglobe.com/business/2015/11/16/jetblue-unveils-check-renovations-terminal/Aj0QyS8l0HoAeP5Lf05VhN/story.html

http://web.archive.org/web/20151117145939id_/http://www.bostonglobe.com/business/2015/11/16/jetblue-unveils-check-renovations-terminal/Aj0QyS8l0HoAeP5Lf05VhN/story.html

JetBlue unveils check-in renovations at Terminal C

JetBlue, which has more flights out of Boston’s Logan Airport than any other carrier, unveiled phase one of its $50 million Terminal C upgrades on Monday, including new kiosks and ticket counters. Twenty-five kiosks and 30 check-in counters are in use in what is called the North Pod, where United Airlines check-in counters used to be located. Phase two of the renovations will begin in the next several days and will mirror the left side of the JetBlue area, said Norbert Strissel, director of airport operations for JetBlue. By April 2016, customers will enter the departure level and turn left or right to check in, instead of walking straight ahead. They will see updated digital flight information displays and the connector between Terminal C and international flights at Terminal E will be finished. There will be more space in the gate area as JetBlue moves emergency stairwells outside, he said. The New York-based airline, which has 125 flights daily from Boston, hopes the collaboration with the Massachusetts Port Authority will make the check-in process more intuitive. In between the North and South pods will be a lobby with couches, estimated to be finished by May 2016. But all the work inside won’t help curbing the traffic outside Terminal C, where drivers sometimes have to circle to pick up or drop off passengers. Strissel said increasing flow of traffic will be a two-part process.

JetBlue, which has more flights out of Logan Airport than any other carrier, unveiled phase one of its $50 million Terminal C upgrades on Monday, which include new kiosks and ticket counters.

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http://www.bostonglobe.com/business/2015/11/18/logan-airport-workers-picket-for-higher-wages/CqNBVAKksDu7JzlmbJSUnK/story.html

http://web.archive.org/web/20151119140804id_/http://www.bostonglobe.com/business/2015/11/18/logan-airport-workers-picket-for-higher-wages/CqNBVAKksDu7JzlmbJSUnK/story.html

Logan Airport workers picket for higher wages

Logan Airport workers are planning demonstrations this week to protest low wages, unsafe working conditions, and unfair labor practices, joining a wave of picket lines by subcontracted airport workers across the country. Nonunion airplane cleaners and baggage handlers, backed by the Service Employees International Union Local 32BJ, will rally at South Station Wednesday night, then march from Porzio Park to East Boston Memorial Park Thursday morning. The action by Logan workers, the third this year, coincides with a bill set to be filed this week by state Senator Sal DiDomenico of Everett and state Represenative Adrian Madaro of East Boston, both Democrats, that would raise the minimum wage at the airport to $15 an hour by 2018. The legislation will join another bill, recently endorsed by the Joint Committee on Labor and Workforce Development, to raise the minimum wage to $15 an at fast-food outlets and big-box retail stores.

The latest action by Logan workers coincides with the filing of a bill that would raise the minimum wage at the airport to $15.

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http://www.people.com/article/jennifer-garner-ben-affleck-plan-to-spend-holidays-together

http://web.archive.org/web/20151119144647id_/http://www.people.com/article/jennifer-garner-ben-affleck-plan-to-spend-holidays-together

Ben Affleck and Jennifer Garner Plan to Spend the Holidays with the Kid : People.com

Ben Affleck and Jennifer Garner 11/18/2015 AT 08:55 AM EST As they've done since announcing their , 43, continue to put their differences aside for their three children – and the holidays will be no different. "Jen and Ben are figuring out right now how they can best spend the holidays together," a source tells PEOPLE in this week's issue, adding that Garner, "wants to get along with Ben for the kids' sake." in Boston on his next film which he stars in and directs, he was back in Los Angeles on Nov. 14, where he and Garner took the kids cupcake decorating and to a toy store. "Ben and Jen chatted a bit," says a source. "But mostly they seemed focused on making the day fun for the kids." David Beckham is PEOPLE's 2015 Sexiest Man Alive

Despite their recent split, Jennifer Garner and Ben Affleck plan to rally together for their children during the holidays

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http://www.bostonglobe.com/business/2015/11/19/here-how-can-save-late-night-service/cfhpzBRqXfMj5tug4LyxxM/story.html

http://web.archive.org/web/20151121211617id_/http://www.bostonglobe.com/business/2015/11/19/here-how-can-save-late-night-service/cfhpzBRqXfMj5tug4LyxxM/story.html

Can late-night MBTA service be saved?

Having late-night T service is like owning a pair of Manolo Blahniks. Expensive, impractical, and yet aspiring and completely necessary. But these are tough times for the MBTA, and the fiscal control board is ready to do away with frills. Yankee frugality runs deep in this fiscally conservative Baker administration, and the bottom line is that a T struggling to run trains in the winter can’t be splurging on shepherding bar-hopping millennials. I admit the numbers are jaw-dropping, just like a $695 pair of Manolos: Late-night is bleeding $14 million a year to ferry 13,000 riders a weekend night between 12:30 and 2 a.m. That amounts to a subsidy of $13.38 a rider. But here’s the thing: Public transportation is a money loser. Governments run trains and buses so people can get around whether it’s to a job, to attend school, or to go out to dinner. You shouldn’t be looking at how much money is lost, but how much the region can gain. Late-night service helps Boston proclaim itself a world-class city with a straight face — and attract the young and talented who crave being in a city that hardly sleeps. The service also offers an affordable option home for blue-collar restaurant workers who otherwise have to take expensive cabs. Agency officials deem their experiment with extended hours unsuccessful and expensive to subsidize. You can’t do the simple math and just conclude that the numbers don’t add up on late-night service. Mayor Marty Walsh, for one, is not happy. He wants the T to yet again extend its late-night pilot which began in March 2014. He wants to build a late-night culture in Boston and is studying whether to keep bars, restaurants, and nightclubs open past 2 a.m. “Cutting service, I don’t think that necessarily helps the MBTA,” said Walsh. “What we’re trying to do is encourage people to take the train.” If anything, the mayor thinks ending the late-night schedule could hurt ridership in the earlier evening hours because more people will decide to drive. If the T wants to boost ridership, Walsh thinks it can do a better job marketing the extended hours. At the control board meeting Wednesday, late-night service felt like it was on life support, with board member Monica Tibbits-Nutt declaring: “I’m fine with just getting rid of it.” When I got on the phone with her on Thursday, she clarified her position: “I’m not against late-night service. I love late-night service. I am against this particular pilot. I don’t think it is working.” Night owls, this is what counts as good news. I think everyone can agree late-night service as currently conceived is too expensive. The best we can hope for is that the control board and T brass seriously look at alternatives that make more financial sense, namely by finding private partners and raising fares. Initially, the pilot included private-sector support from organizations such as Dunkin’ Donuts, the Massachusetts Restaurant Association, and The Boston Globe. The hope was that more companies would become corporate sponsors, but that never took off. Yet you also have to wonder how hard the T is trying to save late-night T. Bob Luz, the president of the restaurant association, told me that his group is so happy with the program that its board agreed to double its initial investment if the pilot continued. Luz said he has yet to hear from the T on whether it could use the money. If late-night service were to continue in some form, Brian Shortsleeve, the T’s new chief administrator (a.k.a. chief bean counter), is setting the bar high on what would be acceptable. The average subsidy for regular MBTA service, including commuter rail and the paratransit program The Ride, is about $2. That’s how much late-night should cost the agency. “If we are going to be fair,” said Shortsleeve, “I compare everything against the average.” To rein in costs, the T will need to get creative. For starters, the bus subsidy is nearly five times the cost of the subway. So cut after-hours bus service, keep the trains, and hire Bridj, the pop-up bus service that runs 14-passenger shuttles on demand-based schedules. Shortsleeve thinks Bridj is innovative. One idea is to let the Boston startup use the T stations as pick-up and drop-off points, and design routes. The T is also open to the idea of partnering with Uber and Lyft. Perhaps there’s a way to integrate the ride-hailing services into the T system to make them after-hours options. Atlanta, for example has linked Uber to its transit authority app. For its part, Lyft is in discussions in other cities about providing late-night service by offering a 50 percent discount, a program that would be underwritten by transit agencies. It’s an idea that could be brought to Boston. We shouldn’t subsidize all late-night riders, but the T could give breaks to monthly passholders. The agency could also classify late-night as a special service and charge say, $4 a ride instead of $2.10. The T already upsells trains from South Station to Patriots games in Foxborough for $15 per round trip. No doubt the T control board can figure something out. There is a way, but the bigger question is if there is a will.

It’s expensive and impractical, but its success is also about more than dollars and cents

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http://www.cnbc.com/2015/09/08/reuters-america-regulatory-worries-energy-prices-take-shine-off-shell-bg-deal.html

http://web.archive.org/web/20151122113444id_/http://www.cnbc.com/2015/09/08/reuters-america-regulatory-worries-energy-prices-take-shine-off-shell-bg-deal.html

Regulatory worries, energy prices take shine off Shell-BG deal

* Spread between BG shares, Shell offer rises * Oil price, regulatory approvals, risk-aversion to blame * Deal still expected to complete in early 2016 LONDON, Sept 8 (Reuters) - A look at valuations illustrates how regulatory concerns and stubbornly low energy prices have stoked investor anxiety over Royal Dutch Shell's planned takeover of British rival BG Group. Hailed as an audacious and industry-changing merger when it was unveiled in April, the headline value of the deal has slipped from 47 billion pounds ($72 billion) to around 38 billion because of the lower price of Shell shares, which closely track oil prices. Concerns that the Australian and Chinese regulators could set high hurdles and, more broadly, that the persistently low oil prices could yet lead Shell to rethink the deal are dampening sentiment. That has left BG shares trading at a discount to the Shell cash and share offer. The wider malaise infecting the global equity market in recent weeks has also contributed to heightened caution among investors. That gap between the price of BG shares and the Shell cash and shares offer has widened over the past two weeks to an average of 16 percent from around 12 percent following the announcement of the deal on April 8, showing that sense of investor unease. "The spread widening is driven by the risk-off environment and unwinding (of positions)," said Lionel Melka, Chief Investment Officer at Paris-based asset management company Bernheim, Dreyfus & Co. More tangibly, the Australian Competition and Consumer Commission said last week it needed more time to review the takeover. It postponed a decision until September 17 as it weighs whether the merger could impact Australian gas prices and hinder competition, particularly in Queensland where both companies are developing large projects. "In our view, the key risk is the Australian approval," added Melka. Investors were reminded of the risks associated with mega mergers in July after reports that U.S. antitrust enforcers voiced concerns that oilfield services provider Halliburton Co's $35 billion acquisition of smaller rival Baker Hughes Inc may lead to higher prices and less innovation. However, the Shell-BG merger has received key approvals from U.S., Brazilian and European regulators but still requires the green light from two Australian bodies as well as China. The deal was seen as a bold bet by Shell on the oil price recovering to $80-$90 per barrel within three years, but it currently remains under $50. Despite the jitters, analysts still expect the deal to go through in its original form. They largely agree with Shell Chief Executive Ben van Beurden's assertion that the merger would make Shell "a simpler and more profitable company, making Shell more resilient in a world where oil prices could remain low for some time." BG is seen as much more vulnerable to a prolonged downturn since most of its projects break even at price much higher than those for Shell. Shell's low gearing allows it to finance the acquisition while maintaining dividends while BG's increased production will boost cash flow, UBS analysts said in a note. The industrial logic of the deal is still compelling for many investors. "Concerns about the deal not going through due to low oil prices aren't, in our view, justified... Overall we find the risk-reward currently pretty attractive," said Melka, who has invested in BG shares. BG's rapid oil and gas output growth in the coming years is set to make the combined entity the top producer among international oil companies, leapfrogging Exxon Mobil at around 4 million barrels of oil equivalent per day by 2020, according to analysts at U.S. investment bank Simmons and Company. The acquisition will make the combined entity the world's top liquified natural gas (LNG) producer and the largest investor in Brazil's deepwater oil production. A Shell spokesman declined to comment, stressing that the deal was on course for completion in early 2016. Any delays to the deal could result in BG shareholders missing out on one or possibly two Shell dividend payouts, That would account for up to 3.8 percent of the spread between the two shares, according to Anish Kapadia, Managing Director, International Upstream Research at U.S investment bank Tudor, Pickering Holt and Co. The gap between the offer valuation and BG share price would appear to offer pickings for arbitrage deals -- the buying and selling of related assets to profit from price differentials. However, the sheer scale of the deal militates against this -- buying 1 percent of BG shares requires more than 300 million pounds. "The deal is so big that there are not enough arbitragers that can keep the spread in a tight ranges," said Niels Lammerts van Bueren, senior portfolio manager at Amsterdam-based arbitrage fund TRZ Funds. "I don't think anyone wants to go into the arbitrage too big so the spread could widen further," he added. (Reporting by Ron Bousso; Editing by Keith Weir)

LONDON, Sept 8- A look at valuations illustrates how regulatory concerns and stubbornly low energy prices have stoked investor anxiety over Royal Dutch Shell's planned takeover of British rival BG Group. That gap between the price of BG shares and the Shell cash and shares offer has widened over the past two weeks to an average of 16 percent from around 12...

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http://www.cnbc.com/2014/06/26/digital-currency-experiment-mixed-martial-arts-editionfast-moneycommentary.html

http://web.archive.org/web/20151123072328id_/http://www.cnbc.com/2014/06/26/digital-currency-experiment-mixed-martial-arts-editionfast-moneycommentary.html

Digital-currency experiment: mixed martial arts edition

This sponsorship is just the beginning of the journey toward acceptance as a medium of exchange. I have also partnered with Moolah (www.moolah.io) so that any retailer in the world can accept Nautiluscoin and convert those coins into seven major fiat currencies. In the next few weeks, retailers will be able to accept Nautiluscoin for both online and offline transactions. As well, members of the Nautiluscoin community are launching several new ventures that will use Nautiluscoin exclusively. Read MoreOp-ed: Why Warren Buffett is wrong on bitcoin As digital currencies mature, they have the potential to become a new investment asset class. Some will be used as a broad medium of exchange, while others will solve specific economic problems. This emerging asset class is in training daily and fighting to become a new way to diversify an investment portfolio. Brian Kelly is founder and managing member of Brian Kelly Capital LLC, a global macro investment firm catering to high net worth individuals, family offices and institutions. He is also the creator of the BKCM Indexes, benchmarks for multi-asset money managers. Kelly, a CNBC contributor, often appears on "Fast Money." Follow him on Twitter @BrianKellyBK.

"Fast Money" regular Brian Kelly created his own bitcoin-like currency. So what happens now? Naturally, a fight!

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http://www.cnbc.com/2014/07/01/germany-vs-france-a-world-cup-drinking-game.html

http://web.archive.org/web/20151124072508id_/http://www.cnbc.com/2014/07/01/germany-vs-france-a-world-cup-drinking-game.html

Germany vs France: A World Cup drinking game

Luftwaffe ("Germany's Thomas Muller's header got more air than the Luftwaffe.") Pincer movement ("I haven't seen a pincer movement like that since Ardennes!") Vichy ("Looks to me like the French are flopping to buy time. It didn't work for the Vichy government, and it won't work now.") Axis or Allies ("The Germans have tilted the axis in their favor, and the French are running out of allies.") Read MoreUS-Belgium game prompts angry waffle backlash World War III ("Oh, that was a nasty foul. Is he trying to start World War III?") Invasion ("And the German invasion begins anew.") Panzer ("France is getting mowed over by German Panzers.") Gaul, or de Gaulle ("GAAAAUUUUUULLLLL!!!!" when France scores. "He scored de Gaulle!") Well, I'd say based on my bad puns, it looks like Germany may prevail. Let's kick it up a notch.

Since most of us are off Friday, let's make the match more fun. Here's a proposed France vs. Germany ESPN drinking game.

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http://fortune.com/2012/12/21/in-9-weeks-iphone-share-of-us-smartphone-sales-grew-17-5/

http://web.archive.org/web/20151125003307id_/http://fortune.com/2012/12/21/in-9-weeks-iphone-share-of-us-smartphone-sales-grew-17-5/

In 9 weeks, iPhone share of US smartphone sales grew 17.5%

FORTUNE — It’s been exactly three months since Apple AAPL launched the iPhone 5, and the effect on the data released Friday by Kantar Worldpanel ComTech couldn’t be clearer — at least in the U.S. In the 12 weeks ending Nov. 25 — including Black Friday, but not Cyber Monday or the three weeks in December when Apple’s supplies finally caught up to demand — the iPhone registered its highest-ever share of the U.S. smartphone sales: 53.3%, up from 35.8% a year earlier. “Apple has reached a major milestone in the US by passing the 50% share mark for the first time,” said Kantar’s Dominic Sunnebo, “with further gains expected to be made during December.” Most of Apple’s share came out of Google’s GOOG and Research in Motion’s RIMM hides. In the same 12 weeks, Android’s share of U.S. sales in the 12-week period fell to 41.9% (from 52.8% last year), and BlackBerry’s fell to 1.4% (from 7%). Among Apple’s competitors, only Microsoft MSFT managed to gain any traction, growing its U.S. share to 2.7% from 2.1%. The picture looks quite different in the rest of the world, especially in countries where the iPhone ‘s arrival was delayed. Although Apple’s share grew in Europe and Asia, Android’s gains were bigger. See chart below, courtesy of Business Insider.

Apple hit highest-ever 53.3% share by Nov. 25, up from 38.8% in 2011, Kantar reports

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http://www.9news.com.au/technology/2015/11/25/17/11/devils-road-kill-within-week-of-release

http://web.archive.org/web/20151126141423id_/http://www.9news.com.au/technology/2015/11/25/17/11/devils-road-kill-within-week-of-release

Devils road kill within week of release

Within a week of their release into the wild, two Tasmanian devils who were part of a healthy breeding program have been killed on the state's roads. A group of 39 devils, free from the debilitating facial tumour disease which has reduced the carnivore's numbers by more than 80 per cent, were released into a quarantined area on the southeast Tasman Peninsula last Wednesday. But Save the Tasmanian Devil program director Howel Williams confirmed the deaths seven days later and added that road kill remains a significant threat to the species. "Sites for the release were specifically chosen that were more remote, as part of reducing the risk of them being exposed to major road traffic so soon after release," Dr Williams said. "But it remains a real risk and we encourage all road users to play a part in helping the conservation effort." Devils are scavengers and often wander onto roads to feed on road kill where they too become victims. Dr Williams said patrols will be increased to remove dead animals from roads and therefore reduce the appeal for devils. Food is also being left for the devils in an area well away from roads. While the deaths are disappointing, Dr Williams said they had not compromised the program. The news follows the deaths of four tagged devils in the state's north in September, where healthy specimens had previously been released. "Recent monitoring at (the northern site) has shown some of the devils have gained weight and appear healthy which is encouraging," Dr Williams said.

A bid to save the endangered Tasmanian devil has taken a further blow with two members of a healthy group killed on roads within a week of their release.

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http://fortune.com/2011/08/08/why-government-cuts-wont-hurt-growth/

http://web.archive.org/web/20151201070834id_/http://fortune.com:80/2011/08/08/why-government-cuts-wont-hurt-growth/

Why government cuts won’t hurt growth

FORTUNE — Congress may have narrowly escaped a debt debacle last week, but it couldn’t agree on enough cuts to satisfy Standard & Poor’s, which downgraded U.S. sovereign debt after the deal’s $2.1 trillion in proposed cuts came in below the $4 trillion the rating agency felt was necessary to warrant a triple-A rating. Still, it’s the beginning of a much needed shift towards fiscal austerity. But now economists and pundits are warning that curbing government spending now, with growth in a rut, is a major mistake. It’s totally obvious by pure economic math, they argue, that lower federal outlays will shrink GDP. Americans are hearing this argument from New York Times columnist Paul Krugman, his Princeton colleague Alan Blinder, and Fed chief Ben Bernanke, who recently cautioned that quick, severe reductions in government outlays could prove a job and growth killer. Supporters of President Obama, including Howard Fineman of the Huffington Post, worry that when the cuts take hold in 2012, the slowdown they’ll inevitably produce could endanger the President’s prospects for reelection. But the Keynesian argument that lower government spending automatically hampers GDP growth, right now, is far from the sure thing its champions keep trumpeting. Many eminent economists, from Eugene Fama of the University of Chicago to Allan Meltzer of Carnegie Mellon, take a totally different view. And the utter failure of the $862 billion “stimulus” to produce a robust recovery should encourage Americans to listen carefully to the view that more spending did little or nothing to raise GDP in the past two years, and lowering it will no virtually nothing to hamper expansion going forward. We have been running an enormous and very expensive experiment for the last three years,” says Kenneth French, a professor at Dartmouth’s Tuck School of Business. “Although the stimulus seems to have produced none of the effects predicted by its Keynesian advocates, they remain as adamant as ever about their policy prescriptions. And more and more of the press and the public seem to be buying their arguments. One wonders what evidence would make people question the conclusion that more government spending will improve economic conditions.” Indeed, the persistent overconfidence of the “Keynesians” is remarkable for two reasons. The first is the poor results of the stimulus plan. The second is that although Keynes recommended temporarily higher spending and deficits to exit a recession, he never even remotely advocated big increases in government outlays on top of existing, gigantic structural budget deficits. It’s crucial to understand the logic behind the “spending-equals-growth” argument. GDP has four components: consumer spending, private investment, government outlays, and the excess, or deficit, of exports over imports. The Keynesians believe in something called the “multiplier effect.” It states that every dollar the government borrows and spends raises GDP by more than it would increase in the absence of the new borrowing and spending. For example, if new outlays rise by $1 trillion, and the multiplier effect is 1.2 — and advocates, including the administration, swear the multiple is over 1 — GDP will jump by an extra $1.2 trillion. In that scenario, Americans can have more teachers, solar energy subsidies and bridges without sacrificing a dime in corporate investments or consumer spending. But that math could be bunk. It certainly doesn’t sound right. In physics, energy can be neither created nor destroyed, it simply changes form. So is it really possible for the government to create money that wouldn’t otherwise exist by borrowing and spending? The stimulus skeptics come in two categories. The first we’ll call the hard-liners. They include Fama, one of the most influential financial economists of the past half-century, and his University of Chicago colleague John Cochrane, a prominent macroeconomist. Fama and Cochrane essentially argue that the multiplier doesn’t exist, and that by simple accounting, every dollar in government spending must reduce another part of GDP by an equal amount, resulting in a wash. “The money you lend the government has to come from somewhere,” says Cochrane. “The stimulus is just moving the same money around.” The hard-liners argue that if Americans buy government bonds, their own spending and savings must fall by an equal amount. What the government lavishes on grants to the states or high-speed trains is precisely offset by lower spending on cars or forklifts. Cochrane emphasizes that savings are all spent. They flow into corporate investments in plants or workstations, or to hire new workers. Simply transferring savings that would be spent on private investment to the government to spend on salaries and subsidies has zero impact on output. What if the government borrows the money from abroad? It’s the same story, say the hard-liners. If the Japanese buy our bonds, we will use their yen to purchase more Japanese semiconductors or other Japanese products, increasing imports and hence lowering GDP at the same time all the borrowing is supposed to be raising growth. In effect, the hardliners maintain that government spending doesn’t raise GDP at all, even in the short-term. The second group of economists, call them the “productivity hawks,” acknowledge that higher borrowing and outlays may temporarily raise growth. But they claim that the immediate bump in output is far weaker than its advocates maintain, and that the longer-term effects of the big borrowing and spending are extremely damaging. Both Robert Lucas, a Nobel Prize winner from the University of Chicago, and Robert Barro of Harvard debunk the power of the multiplier effect, and decry the burden borrowing imposes on future growth. Says Lucas: “The stimulus and multiplier effect were way oversold,” says Lucas. “Germany and Britain are cutting spending, and they’re doing better than we are.” Another prominent skeptic is Meltzer. For this distinguished monetarist, the reliance on spending is moving America in precisely the wrong direction, boosting consumption when we should be saving far more and plowing those savings into new plants and logistics system. “The borrowing lowers the productive types of spending on capital equipment America needs now,” says Meltzer. “We need to raise our competitiveness and become an export-led economy driven by savings and investment rather than borrowing and consumption.” The skeptics are an impressive group, and they deserve a prominent place in the debate. If these folks just don’t get it, as the spending advocates loudly proclaim, why hasn’t all the spending resulted in better growth and more jobs? It’s highly probable that Americans were sold a myth, and its champions are now selling still another myth.

S&P has a point: We need to cut more spending. Debunking the Keynesian argument that the forthcoming spending cuts will be a job and growth killer.

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http://www.cnbc.com/2013/11/07/expert-offers-seven-tips-for-protecting-against-cybercrime.html

http://web.archive.org/web/20151202061941id_/http://www.cnbc.com/2013/11/07/expert-offers-seven-tips-for-protecting-against-cybercrime.html

Expert offers seven tips for protecting against cybercrime

1. Maintain a clean machine. Keep any device connected to the Internet free of malware infections. Make sure you're running up-to-date security software, operating systems and applications—important, because application updates often include security advances. 2. Have long, strong, unique passwords. Create a password you can remember but that's difficult for others to guess. Lock your mobile devices and tablets. Thirty percent to half of users have not enabled a password or PIN on their mobile devices. When in doubt, throw it out. An antenna should go up if a pop-up threatens you to act immediately or else. Do not click! (Read more: Zeus is loose: The remaining suspects) 4. Censor yourself on social networks. How much of your data is public? What do you post about yourself—location, habits, plans? Disclosing where you're taking your vacation or turning on the tracker enables identity theft. In addition, be mindful of what you post online about others. We sit on vast amounts of data concerning family, friends and colleagues. Be a good steward of that information. There are simple ways to ensure that a website is secure. Make sure the URL begins with "https," as such sites encrypt log-in information before sending it to the server, thus keeping it safe from hackers. You also can check for an icon that looks like a lock somewhere in the browser window. 6. Back up your files. Ransomware—a malware that places restrictions on a computer that can be lifted only when payment is made—is one of the latest developments in hacking. For example, CryptoLocker scrambles files with essentially unbreakable encryption and demands a ransom to retrieve them. (Read more: With this malware, you pay to get files back) Backing up files on an external hard drive will help keep them safe, even if those on a computer are deleted The best way to ensure that online accounts are safe is to have a separate computer that's used only for banking. An alternative for the average person is to ask about which security services your bank offers, such as multifactor authentication. —By Fredricka Ransome, Special to CNBC

Cybercrime is on the rise, with some hackers even demanding ransom. Learn how to ward off the bad guys.

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http://www.cnbc.com/2015/07/20/reuters-america-update-1-clintons-capital-gains-tax-plan-to-urge-focus-on-long-term-growth.html

http://web.archive.org/web/20151202170245id_/http://www.cnbc.com/2015/07/20/reuters-america-update-1-clintons-capital-gains-tax-plan-to-urge-focus-on-long-term-growth.html

UPDATE 1-Clinton's capital gains tax plan to urge focus on long-term growth

(Adds background, details, analysis; changes dateline; previous WASHINGTON; adds byline) NEW YORK, July 20 (Reuters) - Presidential contender Hillary Clinton's proposed plan to overhaul capital gains taxes aims to foster long-term growth by taxing some short-term investments at higher rates, an aide for her campaign said on Monday. Although details of the plan have yet to be finalized, it would create a sliding rate scale based on the length of an investment, rather than treating all assets held over a year as "long term", an aide with the Democratic candidate's campaign said. Under her proposal, which was first reported by the Wall Street Journal, profits made by an individual selling an investment held for less than a year would continue to be taxed at regular income rates, which can rise to 39.6 percent for top earners, the Journal reported. She would increase the maximum tax rate on capital gains made on assets held at least a year but no more than perhaps two or three years, currently 23.8 percent, to at least the 28 percent proposed by President Barack Obama, according to the Journal and a brief statement from a Clinton aide. Clinton, the favorite to win the Democratic Party's nomination for the 2016 presidential election, has not ruled out raising it as high as the regular income tax rate, the Journal said. She also would add additional time thresholds after which the tax rate would drop, rewarding individuals who hold assets longer. Currently, any asset held at least a year is deemed a "long-term" investment and receives the more favorable tax rate on capital gains when sold. Clinton will give more details about the plan in a speech later this week, the Journal said. Supporters of such a proposal say it would discourage activist investors from focusing on pushing for quick changes in a company to boost stock prices at the expense of investments, including long-term research, that take longer to bear fruit. But some tax economists who spoke to Reuters on Monday said the proposed reform may not have much social benefit. "My general impression is deep skepticism," Leonard Burman, director of the non-partisan think tank the Tax Policy Center and a former senior tax economist in President Bill Clinton's Treasury Department, said in a telephone interview. "Frankly, I don't see the logic in trying to encourage people to hold assets for longer than they want to," he said, "and I don't think it will have the effects she thinks it will." He said there were already strong incentives for individuals to hold onto assets for a long time, not least that an individual can enjoy an asset's dividends without paying capital gains tax if they hang onto the asset until their death. Also, vast amounts of assets are held by entities, including non-profits, foreigners and retirement funds, not subject to the individual capital gains tax, Burman said. Clinton's proposal comes as part of her plan to fight what she sees as an excessive focus on quick profits in capital markets. In a speech last week in New York, Clinton sharply criticized risky activities on Wall Street and vowed tougher oversight in her first major economic speech of the 2016 election campaign. Clinton's plan to revamp capital gains tax rates appears to be a shift from her position in 2008, when she last sought the party's nomination and vowed not to raise long-term capital gains tax rates above 20 percent, if at all. (Additional reporting by Amanda Becker; Writing by Susan Heavey and Jonathan Allen; Editing by Dan Grebler)

NEW YORK, July 20- Presidential contender Hillary Clinton's proposed plan to overhaul capital gains taxes aims to foster long-term growth by taxing some short-term investments at higher rates, an aide for her campaign said on Monday. Under her proposal, which was first reported by the Wall Street Journal, profits made by an individual selling an investment...

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http://www.cnbc.com/2015/07/30/reuters-america-nikkei-idleas-as-investors-await-more-blue-chip-earnings-fret-over-china.html

http://web.archive.org/web/20151204025624id_/http://www.cnbc.com/2015/07/30/reuters-america-nikkei-idleas-as-investors-await-more-blue-chip-earnings-fret-over-china.html

Nikkei idleas as investors await more blue-chip earnings; fret over China

* Nikkei flat for the week, up 1.5 percent for the month Shippers, drugmakers scheduled to release earnings during market hours * Fujifilm soars on share buyback plan TOKYO, July 31 (Reuters) - Japan's Nikkei share average was little changed on Friday as investors awaited more earnings from blue-chip companies and looked for signs of whether China's volatile stock markets were starting to take a toll on its economy. The Nikkei share average was flat at 20,526.84 points by mid-morning after traversing positive and negative territory. For the week, the index has been flat while it looks set for a gain of 1.5 percent for the month. On Friday, shippers such as Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha are slated to report their April-June results during the market hours, along with drugmakers like Astellas Pharma Inc and Eisai Co . The likes of Sharp Corp and Honda Motor Co will report results after the market close. "It's the second biggest peak of the quarterly earnings season. Investors want to see the outcomes before they take positions," said Hikaru Sato, senior technical analyst at Daiwa Securities. He said that with Chinese shares remaining volatile, investors are awaiting its official manufacturing and services sector activity readings on Saturday for clues on China's economic health and the likely impact on Japanese exporters. "Beijing tends to announce measures to counter a market fall on the weekend, so that's something the market is careful about, too," he said. The impact of China's slowdown on Japan Inc so far has been mixed, with consumer goods firms showing more resilience than construction equipment makers and steelmakers. Outperforming the market was Fujifilm Holdings, which jumped 6 percent after saying it will buy back up to 6.4 percent of its shares outstanding, worth 100 billion yen. JFE Holdings dropped 3.2 percent after it cut its pretax profit forecast to 200 billion yen from previously forecast 230 billion yen for the year through March. Exporters were steady, with Toyota Motor Corp rising 0.9 percent and Nissan Motor Co climbing 0.6 percent. The broader Topix rose 0.5 percent to 1,655.60 and the JPX-Nikkei Index 400 gained 0.5 percent to 14,926.40.

*Fujifilm soars on share buyback plan. TOKYO, July 31- Japan's Nikkei share average was little changed on Friday as investors awaited more earnings from blue-chip companies and looked for signs of whether China's volatile stock markets were starting to take a toll on its economy. On Friday, shippers such as Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha are slated...

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http://www.people.com/article/garrett-swasey-family-remembers-planned-parenthood-shooting-victim

http://web.archive.org/web/20151205064054id_/http://www.people.com:80/article/garrett-swasey-family-remembers-planned-parenthood-shooting-victim

Family Remembers Police Officer Murdered at Planned Parenthood : People.com

Courtesy of University of Colorado Colorado Springs Garrett Swasey had always wanted to be a police officer – but law enforcement was just one of his callings. The 44-year-old officer who died in last week's shooting at a Colorado Springs Planned Parenthood was a co-pastor at his church who spent all his free time with his family. For him, police work was just an extension of his life's purpose: assisting others during their time of need. "He was very proud of his faith and his family," family friend Amy Oviatt tells PEOPLE. "That was what was most important to him." Swasey had been married to his wife, Rachel, for 17 years. They had two children: Faith, 6, and Elijah, 11. With his sudden death, Swasey's distraught family now faces the reality of life without him – and is determined to hold on to the good times. "We will cherish his memory," the family said in a statement, "especially those times he spent tossing the football to his son and snuggling with his daughter on the couch." "His greatest joys were his family, his church, and his profession," the family continued. "Helping others brought him deep satisfaction and being a police officer was a part of him." Swasey wasn't even at the Planned Parenthood when the shooting began. He was more than 10 miles away, on the campus of the University of Colorado - Colorado Springs. He responded to the scene to assist other officers. He was hit with gunfire during the altercation and died at the scene. A six-year veteran of the police force, Swasey had originally moved to Colorado Springs in the early 1990s to train as a champion ice dancer at the Olympic Training Center. "He was like a little brother to me," childhood friend Nancy Kerrigan, the decorated figure skater, told . "We trained together. He was always a positive hard-worker. A really funny guy. A great, great friend and a great listener." "His parents are devastated. The kids and wife are really hurting." Kerrigan continued. "It's just horrible." Swasey married Rachel in the late 1990s, and became very involved at church. At Hope Chapel in Colorado Springs, he led the worship teams and played guitar. has been created for the Swasey family to start an education fund for his kids. "It was the least we could do," says friend Amy Oviatt. Robert L. Dear, 57, was Friday afternoon after a five-hour standoff at the clinic. He is charged with first-degree murder and is being held without bond at the El Paso County Criminal Justice Center. He made his first court appearance on Monday. While some witnesses have reported that Dear ranted about "baby parts," during the standoff, a police spokeswoman tells PEOPLE that his motive is still unclear. Leaders on both sides of the abortion debate have denounced the shootings. "As much as I abhor what Planned Parenthood does, you change that through our system," Tim Wildmon, president of the American Family Association, tells PEOPLE. "You don't just take a gun and start shooting the place up. You just can't take the law into your own hands and start being a vigilante." "This is the kind of thing that we prepare for, but we hope never happens," Planned Parenthood spokesman Eric Ferrero tells PEOPLE. "If you're a health center that provides abortions in this country, you have to be prepared for unthinkable acts of violence. Our hearts are broken."

The six-year veteran was shot and killed Friday by a gunman at Planned Parenthood

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http://www.bostonglobe.com/arts/movies/2015/12/03/theeb-not-lawrence-arabia/bQFskWScR1bh26zxLG8nKP/story.html

http://web.archive.org/web/20151205112108id_/http://www.bostonglobe.com:80/arts/movies/2015/12/03/theeb-not-lawrence-arabia/bQFskWScR1bh26zxLG8nKP/story.html

‘Theeb’ is not Lawrence’s Arabia

A mesmerizing coming of age adventure in an elemental setting, “Theeb” becomes both more allegorical and more specific to our historical moment the more you think about it. The tale of a Bedouin boy surviving the sands and political crosscurrents of World War I-era Arabia, the film could almost be read as a “Lawrence of Arabia” from the other side of the ethnic fence. But the further this strikingly assured debut feature by the British-born director Naji Abu Nowar goes along, the more it seems a metaphor for fierce self-determination — an origin story for Middle Eastern discontents. The boy, Theeb (Jacir Eid), is the youngest son of a recently deceased sheik; his job is to tend to the camels and stay out of the way. His tribe still lives a nomadic existence, and when a British officer (Jack Fox) and his Arab guide (Marji Audeh) hire Theeb’s grown brother (Hussein Salameh) to lead them along an abandoned pilgrim’s trail toward a railroad, the boy disobediently tags along in an act of instinctive curiosity. The officer has a mysterious wooden box that Theeb mustn’t touch and a pocket watch with a woman’s photograph inside; he’s blond and glamorous in a way that means nothing to Theeb and ultimately very little to the film. This is just one of the ways that the script by Nowar and Bassel Ghandour scrambles the expectations of Western audiences while keeping the storytelling appealingly simple. Our vantage point is almost exclusively through Theeb’s watchful, wary eyes as he tries to make sense of bewildering adult behavior. The cinematography by Wolfgang Thaler turns the Jordanian desert where the film was shot into a gorgeous lunar landscape of warring factions: the armed forces of the British and Ottoman empires, Bedouin rebels, roving groups of bandits. To survive calls for either strategy or innocence, both of which pale before the primordial need for water. A frightening scene in which Theeb falls into a desert well illustrates how too much of this precious resource can even be a danger. At a certain point, the narrative is pared away to leave the boy traveling across the wastes in the company of a tough, crafty stranger (Hassan Mutlag). He may be a rebel or he may be a bandit; most likely, he’s whatever will see him expediently through the day. He despises the coming of the railroad and modernity, and he offers himself as a mentor to Theeb in matters of physical and worldly survival. The boy soaks up the lessons without appearing to commit. Eid is remarkable in the lead, conveying the nuances of a child’s confusion but never playing for easy sympathy. If it weren’t for the bursts of wartime violence and one grim sequence of bullet removal, “Theeb” might even make a terrific boy’s-own-adventure saga for older children. But I’m not sure they’d be ready for the dark ambiguities of the film’s final passages or the steps by which the young hero at last becomes his own man. The film opens with a voice-over proverb: “If the wolves offer friendship, do not count on success.” By the last frames, you’re no longer certain who the wolves are. Directed by Naji Abu Nowar. Written by Nowar and Bassel Ghandour. Starring Jacir Eid, Hassan Mutlag, Hussein Salameh, Jack Fox. At Kendall Square. 101 minutes. Unrated (as R: violence). In Arabic, with subtitles.

“Theeb” review: In 1916 Arabia, a young Bedouin boy (Jacir Eid) comes of age while taking a British officer (Jack Fox) on a mission across the desert. A mesmerizing adventure, beautifully shot.

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http://www.people.com/article/affluenza-teen-being-investigated-beer-pong-video-twitter

http://web.archive.org/web/20151206151501id_/http://www.people.com:80/article/affluenza-teen-being-investigated-beer-pong-video-twitter

Affluenza Teen Being Investigated After Beer Pong Video Appears on Twitter : People.com

12/04/2015 AT 03:25 PM EST A prosecution source confirms to PEOPLE that the Texas teenager who was spared jail time after killing four pedestrians while driving drunk in 2013 is being investigated for possible probation violations. The source says claims that the 18-year-old violated his probation are being looked into after a video was posted to Twitter Wednesday. The video depicts several young men playing beer pong and purportedly features footage of Ethan Couch, who'd used "affluenza" as Couch was 16 when a judge sentenced him to 10 years probation. At his sentencing, a psychologist called by the defense successfully convinced the court that Couch was a product of "affluenza" and therefore, unable to comprehend the consequences of his actions. The blame was directed, instead, at his wealthy parents, who allegedly never set limitations for their son. Couch had testified that he couldn't remember pulling out of the driveway on the night of the June 15, 2013, crash. When asked what he remembered after getting into the vehicle, Couch answered, "Waking up handcuffed to the hospital bed." Couch's blood alcohol level was three times the legal limit that night, and he ended up pleading guilty to four counts of intoxication manslaughter and two counts of intoxication assault. Victims were stunned by the judge's imposition of probation, feeling such a sentence was far too light. The source confirms that Couch's probation terms prohibit him driving or using drugs and alcohol. Any violation of those terms could result in a jail sentence of up to 10 years, the prosecution source explains. The man in the footage suspected to be Couch does not appear to be holding anything in his hands, but merely claps as another man dives into a table, collapsing it. A hearing is set for this spring, after Couch's 19th birthday. The prosecution has asked a judge to move the case from juvenile to adult criminal court. Couch's lawyer couldn't be reached for comment Friday.

Authorities tell PEOPLE they are investigating claims the 18-year-old violated his probation

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http://www.nytimes.com/1964/02/09/industry-takes-fashionable-approach-to-mens-clothes.html

http://web.archive.org/web/20151210045636id_/http://www.nytimes.com:80/1964/02/09/industry-takes-fashionable-approach-to-mens-clothes.html

Industry Takes Fashionable Approach to Men's Clothes

The multibillion‐dollar men's clothing industry, in a deter­mined effort to increase its sales, is concentrating its ef­forts around a single word that has paid for many Florida va­cations for women's garment manufacturers. Never before has this tradi­tionaily staid and slow‐chang­ing industry, which includes many companies whose origins date back to the 19th century, placed such emphasis on style, color, fabrics and patterns. And while the transformation of men's wear into a 100 per cent fashion industry still has a long way to go, the changes in recent years have indeed been signifi­cant. The changes of the past, as well as the changes expected in the future, will be highlighted this week in Los Angeles at the 46th annual convention of the National Association of Retail Clothiers and Furnishers. More than 6,000 retailers of men's and boys' apparel through­out the country are expected to attend the meetings, which begin today and end on Thurs­day. At the Biltmore Hotel in downtown Los Angeles, they will listen to speeches and panel discussions, trade ideas with their colleagues and visit the exhibits of some 350 manufac­turers who will have their fall, 1964, lines on display. Retailers and manufacturers preparing for the convention last week were discussing the changes that the new fashion approach has brought to their industry. Large‐scale marketing and advertising campaigns built around design and styling, a de­emphasis on price as a consumer selling tool and the introduction of a host of new accessories for This business, started in tiny lofts and cramped garages largely by immigrants from Europe, is a major force in the economy today. For the former tailors, operators and bushel men who founded the industry have created large corporations with factories throughout the country and modern showrooms at 1290 Avenue of the Ameri­cas. On the wholesale level, men's and boys' apparel sales amount­ed to $3,694,806,000 out of total apparel sales of $10,026,855,00(in 1962, the latest year for which Department of Commerce figures are available. At retail, sales ot male ap­parel were $9.4 billion last year, according to the American In­stitute of Men's and Boys' Wear. Total retail apparel sales in 1963 came to an estimated $26.3 billion. The increase in men's wear sales to the con­sumer was 3 per cent last year, a percentage that industry sources expect will be topped in 1964. Sales of the some 24,000 stores that specialize in male apparel will surpass $3 billion in 1964, the National Association of Re­tail Clothiers estimates, up about 5 per cent from $2,822,500,000 last year. In units of clothing, last year's volume included more than 20 million suits, about 12 million sport jackets, more than 100 million pairs of trousers and some 6 million overcoats and topcoats. To this must be added the millions of dress and sport shirts shorts, sweaters, bathing suits, jackets, raincoats, hats, ties and other items of attire sold by men's wear merchants. Fewer and fewer manufac­turers are producing this cloth­ing and furnishings. Louis Rothschild, executive director of the retail clothiers association, estimates that there are about 900 manufacturers of tailored clothing today, compared with 1,900 in 1944. A similar decline has taken place in the number of concerns making men's furnishings, he says. Mr. Rothschild's estimate is 1,500 such manufacturers currently operating, half the number 20 years ago. “Our industry is growing in volume while shrinking in terms of the number of firms in­volved,” notes Louis G. Pfeifle, president of the American In­stitute of Men's and Boys' Wear. “In recent years there has been an accelerated pace of mergers, consolidations and liauidations in the industry.” President Johnson, in his short tenure so far, has already had an effect on styling of men's clothing. The president of a major corporation in the field says that designs of shirts, suits and hats will all reflect the President's Western in­fluence. In hats, particularly, the in­fluence is expected to be strong. The hat industry is planning to bring out many new modified Western models soon to capi­talize on this consumer interest in Western styling. One hat maker notes “the people on Madison Avenue may not wear 10‐gallon hats but they will wear a modified West­ern hat.” The Johnson influence comes at a time when the hat indus­try can use an extra push. The late President Kennedy was rarely photographed with a hat, even though he was understood to wear them. And Friday, the John B. Stetson Hat Company announced that it was planning to close its plant in Danbury, Conn., once a thriving hat­producing center. To sell more apparel, manu­facturers and retailers are pro­moting fashion to the hilt. Speakers at the convention this week will analyze fashion as a selling tool and exhibitors will stress the fashionability of their merchandise whenever they can buttonhole a buyer. Hart Schaffner & Marx has even gone so far as to hire a Boeing 727 jet airplane for a one‐hour flight around Los Angeles this afternoon during which it will present a show en­titled “The Flight of Fashion” for men's fashion editors. This emphasis is, of course, reflected in the advertisements appearing in publications read by men's wear retailers. An ex­ample: the February issue of Gentlemen's Quarterly has ads that use phrases that might be found in women's fashion magazines. These in­clude such terms as “really great scents,” “the elegance of simplicity” and “the ultimate in wash ‘n’ wear.” Nor is it only by inference that men's wear merchants and manufacturers are imitating the successful fashion techniques of the women's wear field. Lead­ers of the industry are coming right out and saying so. For instance, Charles H. Salesky, president of the Hat Corporation of America, de­clares, “We can learn a great deal from the women's wear in­dustry where competitors are on the ball and change fashion and give women what is fash­ionable immmediately and a 'wait until next eaar' attitude” According to Mr. Pfeiffe of Fashion no longer Is some­thing that the he‐men regards as strictly for women and sissies Mr. Pfeifle believes. “The Amer­ican man of today,' he says, ”does not think fashion is an ugly word but believes it lends a dash and dignity to his ap­pearance.” This sentiment was endorsed by Stanley Goldman, president of Eagle Clothes, Inc. “It should be emphasized, however, that quality standards are just as important an adjunct to men's clothing as they are to women's apparel,” he said. Michael Daroff, chairman and president of Botany Industries, Inc., says fashion “is the major selling force in our industry. It gives the consumer a primary reason for replacing his ward­robe.” But Mr. Daroff, a practical man, doesn't underestimate the power of a woman in the fashion consciousness of men. “A man goes into a store with his wife and she has a lot to say about what he buys,” he observes. “She wants her husband to buy stylish clothes because then he compliments her.” The post‐World War II trend toward casual living stimulated the sale of sportswear and fur­nishings, which had previously been overshadowed by tailored clothing. In recent years, fash­ions iin such items of casual wear as sport shirts and sweat­ers have affected the entire men's market and made it much more responsive to changing times. Fashion ‐ awareness among men has also been stimulated by clothing imported from such European countries as Britain and Italy. Gerald Abrahams, dep­uty chairman of the British Mennswear Guild, says that a bold look in the clothing pro­duced by many manufacturers in his country has helped create a strong image for the indus­try there. A major spur to fashion in men's clothing is the emergence of the style‐conscious and af­fluent teen man's (14 to 17 years old) and young man's (18 to 24 years old) market. Tailor­ed clothing, sportswear and furnishings have all been af­fected by the changing tastes of the teen‐ager and college man, who are proving to be the influentials in the development of styles that permeate through all age brackets. Thus, Edward G. Salloom of Eddy's men's store in Wor­cestor, Mass., reports that “we have to get new looks all the time” to satisfy the demands of this burgeoning market. Tapered shirts and trousers are examples of such looks that started in the young men's field and caught on everywhere. Not only are members of this rapidly expanding group setting style trends but they are also buying the merchandise that de­velops from these trends. A re­cent survey by E. I. du Pont de Nemours & Co. indicates that the average college man bought more units of apparel, paid more them and selected more of them himself than the average man 15 years older. The survey revealed that col­lege men added an average of $387 worth of clothing to their wardrobes last year, while the older group, members of Junior Chamber of Commerce, bought $265 worth of apparel. Fashion is even an important element in selling clothing to young boys. Clara Hancox, di­rector of programming of the Boys' Apparel Manufacturers' Association, tells of mothers of 6‐year‐olds who exclaim indig­nantly to clerks selling un­fashionable boys' merchandise. “He'll never wear that” and really mean it. Shirley Trosk, executive sec­retary of the Boys' Apparel Buyers' Association, says that boys' clothing has become fash­ionable as well as utilitarian. Shoppers “are very happy to find this,” she believes. Fashion, of course, has many faces. In tailored clothing, for example, there are three basic styles that have won‐acceptance While all of these styles have their proponents, the classic look‐known in the trade as the bread ‐ and ‐ butter line—repre­sents close to 50 per cent of all men's suit sales. In this style,shoulders are trim, lines are straight and slim and trousers are either plain or pleated. A number of men's wear manu­facturers are counting on stretch fabrics to give an im­petus to their business this year. This development—which took hold in the women's wear field a few years ago and has since become an important factor in sales of such items as sports­wear, bathing suits and founda­tion garments—is beginning to make slight inroads in male ap­parel. For instance, Timely Clothes, Inc.; is planning a big promo­tion of all‐wool stretch suits this fall. Among the other manu facturers that have produced and sold stretch suits are Hart Schaffner & Marx and B. Kup­penheimer & Co. McGregor­Doniger, Inc., is active in the production of sportswear with stretch fabrics. Stretch fabrics offer one‐way (either horizontal or vertical) or two‐way stretch. Their ad­vantages in men's apparel are functional, giving greater com­fort, and esthetic, offering at­tractive fit. McGregor believes that “this will be the year when stretch becomes widely wanted, distributed and appreciated.” However, some manufacturers report that stretch fabrics have a long way to go before they they become the standard in tailored clothing. One big pro­ducer says, “We're still feeling our way in this area.” Howard Shapiro, manager of the stretch fabrics department of Waumbec Mills, Inc., notes that in the men's wear field,stretch has made its biggest impact thus far in sportswear. “The last place stretch will have a major effect,” he says, “is in tailored ciothinm.” Retailers and manufacturers agree that the recent trend to­ward a greater use of lighter shade—like irridescents, gray, olive, wheat and clay — and lighter fabrics in clothing will continue next fall. However, John D. Gray, president of Hart Schaffner & Marx and presi­dent of the Clothiing Manufac­turers Association says that the darker colors are still selling well and will continue to do so next fall. “There's also a definite trend to fluffy fabrics in sport coats,” Mr. Gray asserts, “with more of a nap. This is also true for topcoats and overcoats.” The clothiers and furnishers at the Los Angeles convention of their working time trying to learn new ways to persuade men to buy more clothes. The success that they have will play a large role in determining what the American male will wear in 1964. This article can be viewed in its original form. Please send questions and feedback to [email protected]

Traditionally staid indus turns to stress on style as sales incentive; illus; some mfrs and retailers int

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http://time.com/3765231/obituary-female-late-night-host/

http://web.archive.org/web/20151213193415id_/http://time.com/3765231/obituary-female-late-night-host/

Obituary: The Death of Hope for a Female Late-Night Host

Hope for a female late-night talk show host on a major network passed away peacefully on Monday, March 30th, 2015, surrounded by stand-ups, bloggers and assorted sidekicks. Hope was born on October 9, 1986, when The Late Show with Joan Rivers premiered on FOX. Promising but brief engagements to Wanda Sykes and Whitney Cummings ended awkwardly. A loving relationship with Chelsea Handler lasted seven years. Hope struggled during her short life, gaining a foothold in sketch comedy and sitcoms, but fell to her death while trying to make the leap to late night, comically bouncing off an awning before landing in the street, where she was run over by a Duesenberg driven by a man racing to a denim shirt sale. Hope was an avid observer of everyday life and looked forward to reflecting the experiences of the entire population. Funeral services will take place in the hearts of aspiring female comedy performers and writers on April Fools’ Day. Internment will last twenty years, or another generation of turnover. Special thanks to the caring staff of UCB and Apatow Productions. In lieu of flowers, donations can be made to the Geena Davis Institute on Gender in Media. Survivors include several brothers named Jimmy, and two sisters, Hope for a female President and Hope for equal pay. TIME Ideas hosts the world's leading voices, providing commentary and expertise on the most compelling events in news, society, and culture. We welcome outside contributions. To submit a piece, email [email protected].

DEATH NOTICE Hope for a female late-night talk show host on a major network passed away peacefully on Monday, March 30th, 2015, surrounded by stand-ups,…

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http://www.9news.com.au/world/2015/12/17/19/55/thailand-to-deport-aust-pedophile-to-nz

http://web.archive.org/web/20151218103306id_/http://www.9news.com.au:80/world/2015/12/17/19/55/thailand-to-deport-aust-pedophile-to-nz

Thailand to deport Aust pedophile to NZ

A 59-year old Australian teacher with dual New Zealand citizenship is to be deported from Thailand following his arrested in the country's north on suspicion of child sex offences. Peter Dundas Walbran, originally from Sydney, has been held in immigration detention cells in Bangkok since his December 9 arrest in the northeastern town of Ubon Ratchthani, 600 kilometres away, where he taught at a local international school. Investigators say the deportation is expected to take place late on Friday as Thai police re-examine some of the digital media recovered from his apartment on the day of his arrest. If they find anything illegal on his computer hard drive, they could have him extradited from New Zealand. But so far they haven't found anything incriminating that would lead to charges in Thailand. Walbran, a former head of the Australian International School in Jakarta, was jailed in Indonesia in 2012 and served two years of a three-year jail term for the rape and molestation of Indonesian boys, some under the age of 10. He was deported to Australia in April 2014. Investigators say Walbran failed to complete the registration process with Australia's National Child Offender Register before leaving the country using a New Zealand passport. Walbran travelled to Thailand earlier this year using his New Zealand passport, enabling him to avoid Australian travel alerts for convicted pedophiles. A Melbourne investigator, Glen Hulley, tracked Walbran to the Thai provincial international school where he had been working for the past eight months, overseeing children aged 12 to 17. Walbran's arrest led to Thailand's Office of Basic Education Commission urging all school directors to step up checks on the criminal backgrounds of foreign teachers. A department official said an investigation was planned into the school where Walbran had worked to determine whether the board had conducted the necessary background checks. If the school did not conduct the required screening process, it could face disciplinary action, the official said.

Convicted pedophile Peter Dundas Walbran, who was arrested in Thailand while teaching at an international school, is to be deported to New Zealand.

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http://time.com/4020735/pope-francis-catholicism-quinnipiac-pew/

http://web.archive.org/web/20151219011804id_/http://time.com/4020735/pope-francis-catholicism-quinnipiac-pew/

Pope Francis's Popularity Transcends the Catholic Community

Pope Francis is a popular pope. A poll released Thursday from Quinnipiac University found that 66% of Americans have either a “favorable” or “very favorable” view of the Pope, who arrives in America in late September. The Pope’s popularity crosses wide—and often surprising—swaths of American society. While it might not come as a shock that 87% of Catholics are fans of the Pope, 61% of Protestants and 63% of people who follow “no religion” count themselves as Francis fans. “Pope Francis is sparking a resurgent confidence in the Catholic Church as more Catholics, Protestants and those with no religion believe the Vatican is steering The Church in the right direction,” Tim Malloy, assistant director of the poll, said in a statement. Pope Francis’s leadership of the Catholic Church has presented a clear gender divide, with women in favor of the pontiff more than men. While 69% of female respondents had positive views of Pope Francis, 63% of males felt the same. The poll found that 76% of Catholic women felt the Catholic Church was moving in the right direction, compared to 62% of Catholic men. The gender divide played out again when adult Catholics were asked if church leaders were in touch with modern American Catholics: 57% of women felt so, compared to 47% of men. The poll’s results come a day after the Pew Research Center released a survey of the changing state of American Catholicism. While 9 out of ten American Catholics believe a household headed by married heterosexual parents is ideal, growing segments of the faith are willing to accept non-traditional families—whether they be unmarried heterosexuals, gay or lesbian couples, single parents, or divorced individuals. The Pew study points to an American Catholicism that is much more flexible than ever before and has embraced Pope Francis—whose popularity among even ex-Catholics and those who consider themselves “cultural” Catholics is strong (at 59% and 73%, respectively). Francis’ liberal bent and willingness to address contemporary social issues like gay marriage, abortion, poverty, and climate change have made him an icon that transcends the religion. And within the faith, Catholics believe the Church must address these issues, with overwhelming majorities saying the Catholic Church should allow for birth control and acceptance of divorce. Much of this support for the Church’s direction come from Millennials, with older generations—particularly those in the 65-and-over bracket—being much more reluctant to bending from conservative views. But Catholics are increasingly positive that by 2050, the Church will change its views on contraception, cohabitation, and maybe even gay marriage, respondents said. Read next: The Top 4 Misconceptions About Pope Francis Download TIME’s mobile app for iOS to have your world explained wherever you go

Most Americans like the pontiff, even if they aren't Catholic

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