Sunday, March 31, 2013

Cyprus bank's big savers to lose up to 60 percent

NICOSIA, Cyprus (AP) ? Big depositors at Cyprus' largest bank may be forced to accept losses of up to 60 percent, far more than initially estimated under the European rescue package to save the country from bankruptcy, officials said Saturday.

Deposits of more than 100,000 euros ($128,000) at the Bank of Cyprus will lose 37.5 percent in money that will be converted into bank shares, according to a central bank statement. In a second raid on these accounts, depositors also could lose up to 22.5 percent more, depending on what experts determine is needed to prop up the bank's reserves. The experts will have 90 days to figure that out.

The remaining 40 percent of big deposits at the Bank of Cyprus will be "temporarily frozen for liquidity reasons," but continue to accrue existing levels of interest plus another 10 percent, the central bank said.

The savings converted to bank shares would theoretically allow depositors to eventually recover their losses. But the shares now hold little value and it's uncertain when ? if ever ? the shares will regain a value equal to the depositors' losses.

Emergency laws passed last week empower Cypriot authorities to take these actions.

Analysts said Saturday that imposing bigger losses on Bank of Cyprus customers could further squeeze already crippled businesses as Cyprus tries to rebuild its banking sector in exchange for the international rescue package.

Sofronis Clerides, an economics professor at the University of Cyprus, said: "Most of the damage will be done to businesses which had their money in the bank" to pay suppliers and employees. "There's quite a difference between a 30 percent loss and a 60 percent loss." With businesses shrinking, Cyprus could be dragged down into an even deeper recession, he said.

Clerides accused some of the 17 European countries that use the euro of wanting to see the end of Cyprus as an international financial services center and to send the message that European taxpayers will no longer shoulder the burden of bailing out problem banks.

But German Finance Minister Wolfgang Schaeuble challenged that notion, insisting in an interview with the Bild daily published Saturday that "Cyprus is and remains a special, isolated case" and doesn't point the way for future European rescue programs.

Europe has demanded that big depositors in Cyprus' two largest banks ? Bank of Cyprus and Laiki Bank ? accept across-the-board losses in order to pay for the nation's 16 billion euro ($20.5 billion) bailout. All deposits of up to 100,000 are safe, meaning that a saver with 500,000 euros in the bank will only suffer losses on the remaining 400,000 euros.

Cypriot officials had previously said that large savers at Laiki ? which will be absorbed in to the Bank of Cyprus ? could lose as much as 80 percent. But they had said large accounts at the Bank of Cyprus would lose only 30 to 40 percent.

Asked about Saturday's announcement, University of Cyprus political scientist Antonis Ellinas predicted that unemployment, currently at 15 percent, will "probably go through the roof" over the next few years.

"It means that (people) ... have to accept a major haircut to their way of life and their standard of living. The social impact is yet to be realized, but they will be enormous in terms of social unrest and radical social phenomenon," Ellinas said.

There's also concern that large depositors ? including many wealthy Russians ? will take their money and run once capital restrictions that Cypriot authorities have imposed on bank transactions to prevent such a possibility are lifted in about a month.

Cyprus agreed on Monday to make bank depositors with accounts over 100,000 euros contribute to the financial rescue in order to secure 10 billion euros ($12.9 billion) in loans from the eurozone and the International Monetary Fund. Cyprus needed to scrounge up 5.8 billion euros ($7.4 billion) on its own in order to clinch the larger package, and banks had remained shut for nearly two weeks until politicians hammered out a deal, opening again on Thursday.

But fearing that savers would rush to pull their money out in mass once banks reopened, Cypriot authorities imposed a raft of restrictions, including daily withdrawal limits of 300 euros ($384) for individuals and 5,000 euros for businesses ? the first so-called capital controls that any country has applied in the eurozone's 14-year history.

The rush didn't materialize as Cypriots appeared to take the measures in stride, lining up patiently to do their business and defying dire predictions of scenes of pandemonium.

Under the terms of the bailout deal, the country' second largest bank, Laiki ? which sustained the most damaged from bad Greek debt and loans ? is to be split up, with its nonperforming loans and toxic assets going into a "bad bank." The healthy side will be absorbed into the Bank of Cyprus.

On Saturday, economist Stelios Platis called the rescue plan "completely mistaken" and criticized Cyprus' euro partners for insisting on foisting Laiki's troubles on the Bank of Cyprus.

____

AP business correspondent Geir Moulson in Berlin and APTN reporter Adam Pemble in Nicosia contributed.

Source: http://news.yahoo.com/bank-cyprus-big-savers-lose-60-percent-135608668--finance.html

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HTC Droid DNA retired?

Droid DNA

Has the HTC Droid DNA been given its gold watch and sent packing? Verizon CS says yes, and it's no longer listed for sale

A reader sent in a pretty interesting screenshot, accompanied by some equally interesting information about the HTC Droid DNA. According to Verizon customer service, the DNA is now officially retired. The screenshot of chat with a CS (you can find it after the break) actually uses the word retired, and subsequent inquiries led to a statement from Verizon saying "HTC halted production in efforts to push out an upcoming project on the horizon".

Now normally, we would place little to no faith in the words of an online chat with customer care from any provider. We're not judging, they have a difficult job and get way more harassment than anyone deserves. But after hearing about this, we went looking on Verizon's website, and found that the DNA is nowhere to be seen. You can't buy one from Big Red. Verizon loves to take our money, so there must be a reason they don't want to sell us a Droid DNA.

Now consider the on and off rumors about the HTC One coming to Verizon. We're pretty sure that you'll never be able to buy an "HTC One" for use on Verizon. But ask us if you'll be able to buy a premium HTC device with Sense 5, the new camera, Boomsound, a kick-ass display, and all the other goodies that come with the HTC One and our answer would be different. Don't let semantics like official names fool you. We're pretty confident that something very close to the HTC One is "on the horizon" for Verizon Wireless.

We never pretend that we know what goes on inside the minds of carrier corporate executives. We certainly question many of their decisions, but we're not at the meetings and don't have access to the data they use when they decide things like which phones to sell, and when to stop selling them. And of course, all this could be wrong and the DNA is simply out of stock for a while. We're just going to keep watching this, and when it all works out, we'll let you know.

Thanks, Robert!

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Source: http://feedproxy.google.com/~r/androidcentral/~3/Ejx-FCTmuy0/story01.htm

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Saturday, March 30, 2013

These Awesome Floating Vases Are Practically Invisible

An expensive, ornate vase can be as much of a centerpiece as the flowers that are in it. These floating vases designed by the Japanese group oodesign take things in the opposite direction by making them look like water ripples. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/S6Esb1T4g1U/these-awesome-floating-vases-are-practically-invisible

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MLB polishes At Bat 13 on iOS and Android ahead of Opening Day, brings app to BlackBerry Z10

MLB polishes At Bat 13 on iOS and Android ahead of Opening Day, brings app to BlackBerry Z10

With the 2013 season looming just around the corner, it's only natural for Major League Baseball to make sure its various applications on different platforms are all ready to go come this weekend. And as it did with MLB.tv on Xbox Live a couple days ago, MLB's now also updated the At Bat Android and iOS apps, leaving behind the spring training features from last month and making room for ones that are tailored for this year's Opening Day and forward. For subscribers, this means things such as multi-platform live audio, more video highlights, a virtual archive of classic games and a revamped news section within the apps. What's more, MLB has kept its promise of bringing At Bat 13 to the BB10 crowd, giving BlackBerry Z10 owners the ability to download the app starting today. Clearly, it's that time of the year again, that time where your Yankees-cheering friends tell you all about how A-Rod, when fit, is the best player in the game. Or, if they're Giants fans, how they really, really, hope the tale of Samson's hair won't apply to Tim Lincecum.

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Source: MLB

Source: http://www.engadget.com/2013/03/29/mlb-at-bat-13-opening-day-updates/

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Taylor Swift Has Fans Sobbing, Squealing, Soaring On Red Tour

Swift takes fans on emotional rollercoaster and 'rewards' them with Neon Trees' Tyler Glenn.
By Emilee Lindner


Taylor Swift performs in Newark, New Jersey Thursday night
Photo: WireImage

Source: http://www.mtv.com/news/articles/1704572/taylor-swift-red-tour-new-jersey.jhtml

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Friday, March 29, 2013

OK to cut returning veteran's job if decision wasn't based on military ...

Generally, members of the military released from active duty service are entitled to return to their former jobs.

The ?Uni?formed Ser??vices Employ-ment and Re??em??ploy??ment Rights Act (USERRA) states that the returning service members shall be re-employed ?in the position of em??ployment in which the person would have been employed if the continuous em??ployment of such person with the employer had not been interrupted by such service.?

But what happens if bad economic times force a layoff before the em??ployee returns to work? Is he exempt from the cuts? Not according to the 8th Circuit Court of Appeals.

Recent case: Douglas worked as a maintenance technician before being called to active military duty. He left the service early after he had an ad?verse reaction to a vaccine. He wanted to report back to his job. But while Douglas had been deployed, the employer underwent two reductions in force after failing to make a profit.

The second round of layoffs affected Douglas? department and was based on job duties, skills and other factors. On the day he returned to work, Douglas was informed that his job had been cut.

He sued, alleging he was entitled to return to his job even in the face of a reduction in force.

The court disagreed. It pointed out that USERRA?s language indicates that service members don?t get to keep their jobs if a position was eliminated for nondiscriminatory reasons while they were on active duty. (Millhauser v. Minco, No. 12-1756, 8th Cir., 2012)

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EBay CFO sees profit per share up 15 to 19 percent a year over next 3 years

By Martyn Herman LONDON, March 28 (Reuters) - Whether by design, necessity, self-interest or because of all three, nurturing youngsters has become fashionable for England's elite with no expense spared in the hunt for the new Wayne Rooney or Steven Gerrard. The length and breadth of the country, scouts from top clubs are hoovering up promising footballers barely old enough to tie their bootlaces in a bid to unearth the 30 million pounds ($45.40 million) treasures of the future. ...

Source: http://news.yahoo.com/ebay-cfo-sees-profit-per-share-15-19-202523200--sector.html

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Bee deaths stir up renewed buzz

From 2012: Honeybees may be victims of widely used insecticides. NBC's Anne Thompson reports.

By Alan Boyle, Science Editor, NBC News

This past winter has been exceptionally rough for honeybees ??and although it's too early to say exactly why, the usual suspects range from pesticides that appear to cause memory loss to pests that got an exceptionally early start last spring.

Friday marked the start of an annual survey that asks beekeepers to report how many bees they lost over the winter, conducted by the Bee Informed Partnership, the Apiary Inspectors of America and the U.S. Department of Agriculture. The advance word is that the results will be brutal.??The New York Times, for example, quoted beekeepers as saying the losses reached levels of 40 to 50 percent?? which would be double the average reported last year.

One beekeeper in Montana was quoted as saying that his bees seemed health last spring, but in September, "they started to fall on their face, to die like crazy."


Dennis vanEngelsdorp, an entomologist at the University of Maryland who is one of the leaders of the survey team, said he can't predict what the past winter's average loss figure will be. The beekeepers' reports are being solicited online for the next two weeks, and the figures are due for release on May 7.

"What I can say is, when we were in California this year, the strength of the colonies that were there was significantly lower than it was in previous years," vanEngelsdorp told NBC News.?

Pesticides at issue
That's consistent with a mysterious ailment known as colony collapse disorder, which has stirred scientists' concern for the past decade. The malady almost certainly due to combination of factors ??including the Varroa mite, a single-celled parasite known as Nosema, several varieties of viruses, and pesticides. Researchers point to one particular class of pesticides, known as neonicotinoids, as a prime suspect.

Neonicotinoid-based pesticides are commonly applied as a coating on corn seeds, but the chemicals can persist in the environment. Although they have low toxicity for mammals, they've been found to have a significant neurotoxic effect on insects, including bees. Several European countries have banned neonicotinoids, the European Union has been looking at a wider ban, and the Environmental Protection Agency is considering new limitations as well. Just last week, a lawsuit called on the EPA to suspend the use of two types of neonicotinoids immediately.

Two recently published studies add to the concern: This week, researchers report in Nature Communications that neonicotinoids block the part of a bee's brain that associates scents with foods. They suggest that without that functionality, the bees effectively forget that floral scents mean food is nearby, and thus die off before they can pollinate. A study published in January in the Journal of Experimental Biology found a similar link to problems with scent-related learning and memory.

Mild winter, dry summer
Although neonicotinoids are currently front and center in the debate over colony collapse disorder, they're not necessarily the primary reason for this winter's dramatic dip in bee colonies.

VanEngelsdorp noted that the winter of 2011-2012 was easy on the bees: Losses amounted to just 21.9 percent, compared with a 2006-2011 average of 33 percent. However, the mild winter was kind to the bees' pests as well. VanEngelsdorp speculated that Varroa mites may have gained an early foothold in the hives last spring. By the time beekeepers started their treatments on the usual schedule, it was too late to keep the mites from weakening the colonies. That would help explain why the past winter's losses were worse than usual.

Scott Bauer / USDA via AP

A worker bee carries a Varroa mite, visible in this close-up view.

California beekeeper Randy Oliver, who discusses industry trends on the Scientific Beekeeping blog, said the past summer's drought was also a factor: "When there's a drought, the bees are in poor shape with the food," he told NBC News. He said he and other beekeepers predicted that there'd be heavy winter losses last July, when the scale of the drought became clear.

Heavy losses are bad news, and if bee colonies are becoming progressively weaker, that's worse news. It's not just because of the honey: The Department of Agriculture says that bee pollination is responsible for more than $15 billion in increased crop value each year. A bee scarcity increases costs for the farmers who need them for pollination, and that could lead to higher food prices. But Oliver said it's important to keep a sense of perspective about the bad news.

"The situation with the bees is not dire," he said. "The bees are doing OK. There's no danger that the bees will go extinct. ... That's just not true."

More about bees:


Alan Boyle is NBCNews.com's science editor. Connect with the Cosmic Log community by "liking" the log's?Facebook page, following?@b0yle on Twitter?and adding the?Cosmic Log page?to your Google+ presence. To keep up with Cosmic Log as well as NBCNews.com's other stories about science and space, sign up for the Tech & Science newsletter, delivered to your email in-box every weekday. You can also check out?"The Case for Pluto,"?my book about the controversial dwarf planet and the search for new worlds.

Source: http://feeds.nbcnews.com/c/35002/f/653377/s/2a24ed5c/l/0Lcosmiclog0Bnbcnews0N0C0Inews0C20A130C0A30C290C175187930Ebee0Edeaths0Estir0Eup0Erenewed0Ebuzz0Dlite/story01.htm

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The Secret Republican Plan to Repeal 'Obamacare'

A few minutes after the Supreme Court issued its landmark decision upholding President Obama?s health care law last summer, a senior adviser to Mitch McConnell walked into the Senate Republican leader?s office to gauge his reaction.

McConnell was clearly disappointed, and for good reason. For many conservatives, the decision was the death knell in a three-year fight to defeat reforms that epitomized everything they thought was wrong with Obama?s governing philosophy. But where some saw finality, McConnell saw opportunity ? and still does.

Sitting at his desk a stone?s throw from the Senate chamber, McConnell turned to the aide and, with characteristic directness, said: ?This decision is too cute. But I think we got something with this tax issue.?

He was referring to the court?s ruling that the heart of the 2010 Affordable Care Act, the so-called individual mandate that requires everyone in the country to buy health insurance or pay a penalty, was a tax. And while McConnell thought calling the mandate a tax was ?a rather creative way? to uphold the law, it also opened a new front in his battle to repeal it.

McConnell, a master of byzantine Senate procedure, immediately realized that, as a tax, the individual mandate would be subject to the budget reconciliation process, which exempted it from the filibuster. In other words, McConnell had just struck upon how to repeal Obamacare with a simple majority vote.

The Kentucky Republican called a handful of top aides into his office and told them, ?Figure out how to repeal this through reconciliation. I want to do this.? McConnell ordered a repeal plan ready in the event the GOP took back control of the Senate in November ? ironic considering Democrats used the same process more than two years earlier in a successful, last-shot effort to muscle the reforms into law.

In the months that followed, top GOP Senate aides held regular strategy meetings to plot a path forward. Using the reconciliation process would be complicated and contentious. Senate rules would require Republicans to demonstrate to the parliamentarian that their repeal provisions would affect spending or revenue and Democrats were sure to challenge them every step of the way. So the meetings were small and secret.

?You?re going in to make an argument. You don?t want to preview your entire argument to the other side ahead of time,? said a McConnell aide who participated in the planning. ?There was concern that all of this would leak out.?

By Election Day, Senate Republicans were ready to, as McConnell put it, ?take this monstrosity down.?

?We were prepared to do that had we had the votes to do it after the election. Well, the election didn?t turn out the way we wanted it to,? McConnell told National Journal in an interview. ?The monstrosity has ... begun to be implemented and we?re not giving up the fight.?

Indeed, when it comes to legislative strategy, McConnell plays long ball. Beginning in 2009, the Republican leader led the push to unify his colleagues against Democrats? health care plans, an effort that almost derailed Obamacare. In 2010, Republicans, helped in part by public opposition to the law, won back the House and picked up seats in the Senate. Last year, GOP presidential nominee Mitt Romney?s embrace of the individual mandate while Massachusetts governor largely neutralized what had been a potent political issue.

But, in the next two years, Republicans are looking to bring the issue back in a big way. And they?ll start by trying to brand the law as one that costs too much and is not working as promised.

Democrats will be tempted to continue to write off the incoming fire as the empty rhetoric of a party fighting old battles. But that would be a mistake. During the health care debate, the GOP?s coordinated attacks helped turn public opinion against reform. And in the past two years, no more than 45 percent of the public has viewed Obamacare favorably, according to the Kaiser Family Foundation?s tracking polls. Perhaps even more dangerous for Democrats, now-debunked myths spread by Republicans and conservative media remain lodged in the public consciousness. For instance, 40 percent of the public still believes the law includes ?death panels.?

During the legislative debate over the law, Democrats promised Obamacare would create jobs, lower health care costs, and allow people to keep their current plans if they chose to. Those vows, Republicans argue, are already being broken.

The Congressional Budget Office, the Hill?s nonpartisan scorekeeper, estimated that the health care law would reduce employment by about 800,000 workers and result in about 7 million people losing their employer-sponsored health care over a decade. The CBO also estimated that Obamacare during that period would raise health care spending by roughly $580 billion.

McConnell?s office has assembled the law?s 19,842 new regulations into a stack that is 7 feet high and wheeled around on a dolly. The prop even has it?s own Twitter account, @TheRedTapeTower.

?All you got to do is look at that high stack of regulation and you think, ?How in the world is anybody going to be able to comply with all this stuff?? ? GOP Sen. Orrin Hatch, told National Journal. ?And I?m confident that the more the American people know of the costs, the consequences, the problems with this law, then someday there are going to be some Democrats who are going to join us in taking apart some of its most egregious parts.?

In fact, just a few hours after that interview last week, 34 Democrats joined Hatch on the Senate floor to support repealing Obamacare?s medical-device tax. Though the provision passed overwhelmingly, it doesn?t have a shot at becoming law because the budget bill it was attached to is nonbinding. Still, Republicans see it as a harbinger of things to come.

?Constituent pressure is overriding the view that virtually all Democrats have had that Obamacare is sort of like the Ten Commandments, handed down and every piece of it is sacred and you can?t possibly change any of it ever,? McConnell said. ?When you see that begin to crack then you know the facade is breaking up.?

Of course, Republicans are doing their best to highlight and stoke the kind of constituent anger that would force Democrats to tweak the law. In fact, if Democrats come under enough pressure, Republicans believe they might be able to inject Obamacare into the broader entitlement-reform discussion they are planning to tie to the debt-limit debate this summer.

But that is a long shot. If Republicans hope to completely repeal the health care law, they have to start by taking back the Senate in 2014 and would likely need to win the White House two years later. Still, some Republicans think the politics are on their side.

?I?m not one of those folks who ... because I didn?t support something, I want it to be bad. I want good things for Americans. But I do think this is going to create a lot of issues and ? affect things throughout 2014 as it relates to politics,? Republican Sen. Bob Corker said. ?The outcome likely will create a better atmosphere for us.?

Republicans will need to win half a dozen seats to retake the chamber. So, what are the chances??

?There are six really good opportunities in really red states: West Virginia, North Carolina, Louisiana, Arkansas, South Dakota, and Alaska,? McConnell said last week. ?And some other places where you have open seats like Michigan and Iowa. And other states that frequently vote Republican, an example of that would be New Hampshire. So, we?re hopeful.?

And earlier this week, Democratic Sen. Tim Johnson put his home state of South Dakota in play when he announced he will not be running for reelection in 2014.

In addition to trying to win back the Senate, McConnell will have to protect his own seat in two years. McConnell has made moves to shore up his right flank to fend off conservative challengers. He?s hired fellow Kentucky Republican Sen. Rand Paul?s campaign manager, who helped Paul defeat the establishment candidate McConnell backed in the primary. ?

In the meantime, Republicans will continue to, as GOP Sen. John Barrasso put it, ?try to tear (Obamacare) apart.? And the GOP suspects it might get some help from moderate Democrats less concerned about protecting Obama?s legacy than winning reelection.

It?s just the latest act in a play that saw McConnell give more than 100 floor speeches critical of Democratic reforms and paper Capitol Hill with more 225 messaging documents in the 10 months before Obamacare?s passage. Away from the public spotlight, McConnell worked his caucus hard to convince them to unite against the law, holding a health care meeting every Wednesday afternoon. GOP aides said they could not remember a time before, or since, when a Republican leader held a weekly meeting with members that focused solely on one subject.

?What I tried to do is just guide the discussion to the point where everybody realized there wasn?t any part of this we wanted to have any ownership of,? McConnell recounted. ?That was a nine-month long discussion that finally culminated with Olympia Snowe?s decision in the fall not to support it. She was the last one they had a shot at.?

Indeed, some Republicans remember opposition forming organically as it became clearer where Democrats were headed, crediting McConnell for crystallizing the issue. Asked who unified Senate Republicans against Obamacare, Corker recalled, ?I think it happened over time.? As time moved on, it just seemed that this train was going to a place that was going to be hard to support.?

McConnell had finally won his long-fought battle to unite the conference against Obamcare. And some Republicans credit McConnell with being first to that fight.

?He had the Obama administration?s number before almost anyone else,? Hatch recalled. ?He began laying the groundwork for this fight very early, in private meetings and so forth, and really was the first one on our side in the ring, throwing punches just about how bad it was for families, businesses, and our economy.?

?There?s been no stronger fighter against this disastrous law than Mitch McConnell,? he added.

And as McConnell?s war continues, Democrats have begun positioning themselves for the next battle. Leading up to last week?s three-year anniversary of the law?s passage, Democrats held press events touting its benefits, claiming more than 100 million people have received free preventive services; 17 million children with preexisting conditions have been protected from being denied coverage; and 6.6 million young adults under 26 have been covered by their parents' plan.

Democrats wisely rolled out many of the easiest, most-popular Obamacare benefits first. The next few years will see the implementation of provisions that are both more complicated and controversial, like creating state-based insurance exchanges where people can buy coverage. Asked about the political ramifications of possible implementation problems, Democratic Sen. Max Baucus, a chief architect of Obamacare, sidestepped the question saying, "My job is to do my best to make sure this statute works to help provide health care for people at the lowest possible cost."

Far from a full-throated assurance that everything will run smoothly, Baucus?s answer hints at the dangers Democrats face as Obamacare comes online.

And with the law moving from the largely theoretical to the demonstrable, the health care debate is poised to return to intensity levels not seen since before the law passed.

For congressional Republicans, it?s probably their last, best chance to turn opposition into political gain.

And much of that job falls to McConnell, a brilliant defensive coordinator who will have to play flawless offense if he hopes to take control of the Senate next year.

Source: http://news.yahoo.com/secret-republican-plan-repeal-obamacare-200403420--politics.html

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Obama to release budget next month?two months late

By Dave Warner (Reuters) - The winner of one of the biggest Powerball jackpots of all time owes $29,000 in overdue child support payments, the Passaic County, New Jersey, sheriff's office said on Thursday. Pedro Quezada, 44, a county resident who is married and the father of five children ages 5 to 23, was the sole winner of a $338 million jackpot on Saturday. Because he chose the lump sum option, instead of annual payments over 30 years, he will actually receive $211 million, lottery officials said on Thursday. Officials said that is the third-largest lump sum payment in Powerball history. ...

Source: http://news.yahoo.com/blogs/ticket/obama-release-budget-april-10-174952497--politics.html

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Thursday, March 28, 2013

2013 XXL Freshman Issue Explained: Why Logic? Where's Chief Keef?

'The goal we try to make with Freshman is to show that we support new talent,' editor in chief tells MTV News of new cover.
By Rob Markman


Chief Keef
Photo: Johnny Nunez/ WireImage

Source: http://www.mtv.com/news/articles/1704569/chief-keef-2013-xxl-freshman.jhtml

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Google Launches ?Full Value Of Mobile? Calculator To Help ...

The market for mobile advertising is forecast to reach $11.4 billion this year on the back of explosive growth in smartphones and tablets, but companies like Google, currently the world leader in mobile advertising, are all too aware of a big issue that could trouble the industry longer-term: there aren?t enough tools out there for businesses to measure how effective their campaigns are relative to actual sales. So the search giant is taking the bull by the horns and rolling out a new service to combat that: a calculator, called the Full Value of Mobile, that helps businesses that use Google?s mobile advertising services ? specifically using AdWords ? to measure how their mobile marketing translates into actual business, both online and offline.

Perhaps not coincidentally, Google?s calculator is launching on the same day that local listings service Yelp is releasing its own estimating tool for small businesses to measure the impact that Yelp is having on their business. It?s like the old saying about buses.

Google has already made some efforts in this space, for example by extending AdWords analytics into mobile, but as Johanna Werther, head of Mobile Ads Marketing, notes in a blog post, ?with more work to be done to improve measurement tools, most marketers still account only for sales happening on a mobile site and aren?t seeing the full picture.?

The calculator, she says, provides ?simple equations and benchmarks? that speak to different aspects of a mobile marketing campaign. For example, how many people phone you as a result of an ad (using Google?s automatic dialling feature); and what impact is a cross-device campaign having versus one across a single platform? The metrics, in a sense, bring into context the many features that Google has been building out for the platform, and provide a way for businesses to better access those analytics. This is important for small businesses in particular, who may not have the budgets for larger campaigns and teams of people to do this work for them.

Google claims that the set-up for using the new calculator takes only about 30 minutes, and other metrics that are revealed include total value, value per click, and ROI for a campaign. ?You?ll also see how cost-effective your mobile CPAs are,? Werther notes.

Source: http://techcrunch.com/2013/03/26/google-launches-full-value-of-mobile-calculator-to-help-businesses-measure-online-and-offline-impact-of-mobile-marketing/

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Wednesday, March 27, 2013

Supreme Court, in next gay marriage case, eyes federal law (reuters)

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Brains over brawn: Why smart people are drawn to 'BioShock Infinite'

After four years of harried development, "BioShock Infinite" has finally arrived. The game faces impossibly high expectations from fans and critics alike, thanks in part to the legacy that developer Irrational Games made for itself with the original "BioShock" in 2007, not to mention the mammoth anticipation drummed up by gamers throughout the sequel?s tumultuous and secretive history.

BuzzFeed dubbed the new installment "the most important game of the last five years." Wired said that creator Ken Levine?s work on "BioShock Infinite" might finally prove to the medium?s skeptics that "a videogame [can] become an influential cultural artifact." And now that the game is out, NBC News? own Todd Kenreck calls it "a masterpiece."

It's not the first time a game has been labeled a work of art. "Ico" and "Shadow of the Colossus" were released to universal acclaim years before "BioShock" saw the light of day. But at the moment, "BioShock Infinite" has captured the hearts and gamepads of the entire gaming nation. So what is it about it that gamers find particularly intriguing?

Also read: 'BioShock Infinite' takes the artificial out of artificial intelligence

Much of this acclaim is thanks to the famously sequel-averse Levine himself, who brings a quirky kind of intellectual charisma to the gaming world. "BioShock Infinite" tackles political and social problems with an unflinching, almost journalistic gaze. When I asked Levine last year about his favorite characters from "Infinite," he started comparing Cornelius Slate, a former captain of the U.S. military who confronts the protagonist Booker DeWitt early in the new game, to Pat Tillman, the pro football player turned soldier who was killed by friendly fire in Afghanistan in 2004.

Rather than rattle off features and specs of his new game, Levine prefers to dig into the intricacies of 20th-century American or European intellectual history. The city of Columbia was built around fierce ideals of American exceptionalism, and "BioShock Infinite" casts the white supremacist underpinnings of much of this ideology into sharp relief.

The player picks up audio recordings throughout the game from Comstock, Columbia's founder, that opine with unsettling honesty about the white man's burden. Non-player characters sneer at Booker and ask if you "like your coffee black" when you show sympathy to African-American characters, and one character jokes about being "half a Jew when it comes to silver." Games ? even ones with a far more obvious debt to realism than "Infinite" ? have never been this courageous when it comes to broaching the reality of race and class.

Levine openly sold the original "BioShock" not as a steampunk horror game that gives players magical superpowers (which it is) but as a critique of Ayn Rand's philosophy of objectivism. In a genre that spends most of its time and money showing players all the ways they can shoot terrorists, that alone could have been enough to turn Levine into an industry icon.

What's weirder about the series' success is that many gamers felt that the first installment wasn't all that great for a first-person shooter. Even a stalwart gaming publication like Edge Magazine admitted in a recent write-up of "Infinite" that Irrational never truly mastered the art of making solid guns that are fun to use.

Although our review of "BioShock Infinite" shows that the gameplay really has improved, the focus on story over software extends all the way to back to Ken Levine?s cyber-punk "BioShock" predecessor "System Shock 2," a game that was more of a role-playing game than a full-fledged shooter.

Even fans of "System Shock 2" admit that that game had abysmal graphics when it was first released in 1999. But everyone who has played it will tell you it's the scariest game they've ever experienced. No matter how flat and polygonal the zombies looked, I still remember cowering in the smallest closet spaces I could find in the Von Braun spaceship, desperately searching for some respite as these monsters continued to relentlessly taunt me.

Also read: 'BioShock Infinite' developer hires stunning real-life Elizabeth lookalike

What "System Shock 2" and "BioShock" always had that no other first-person shooter has ever captured quite as masterfully is what Levine calls a sense of "place." Shooting mechanics aside, these games always felt like living, breathing worlds, rather than simply hollow bits of code in which players could do some target practice. Without that, I would have stopped searching for a place to hide in "System Shock," and just stopped playing the game.

Yannick LeJacq is a contributing writer for NBC News who has also covered games for Kill Screen, The Wall Street Journal and The Atlantic. You can follow him on Twitter at @YannickLeJacq and reach him by email at ylejacq@gmail.com.

Source: http://feeds.nbcnews.com/c/35002/f/653377/s/29fc3080/l/0L0Snbcnews0N0Ctechnology0Cingame0Cbrains0Eover0Ebrawn0Ewhy0Esmart0Epeople0Eare0Edrawn0Ebioshock0Einfinite0E1B90A66435/story01.htm

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Ohio gas prices slightly higher

COLUMBUS, Ohio (AP) -- Ohio drivers are seeing another slight bump at the gas pump to start the work week.

A gallon of regular gas in Ohio was listed at an average of $3.70 in Monday's survey from auto club AAA, the Oil Price Information Service and Wright Express. That's 3 cents more than last Monday's average of $3.67.

The national average for regular gas is about $3.67 per gallon, down about 2 cents from a week ago.

The lowest average price in Ohio was about $3.64 in the Youngstown and Warren areas in northeast Ohio.

Online:

AAA Daily Fuel Gauge Report: http://fuelgaugereport.aaa.com

Source: http://news.yahoo.com/ohio-gas-prices-slightly-higher-155244883.html

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Tuesday, March 26, 2013

Why Will Smith Didn't Do 'Django Unchained'

Will Smith has revealed a main reason why he turned down the role of Django in "Django Unchained." To hear him tell it, it's because Django wouldn't be the lead role in the movie. "Django wasn't the lead, so it was like, I need to be the lead. The other character [Christoph Waltz's Oscar-winning King [...]

Source: http://moviesblog.mtv.com/2013/03/25/will-smith-django-unchained-2/

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5 Ways to Preserve my Eyesight | Eye Care | Phoenix Optometrist

Your vision is a precious commodity that cannot be replaced once it has been lost. Caring for your eyes properly can go a long way to sustain your eye health, and eye doctors recommend the following best practices.

Annual Eye Exams

The absolute best tactic in maintaining good eyesight is to have a yearly eye exam. Eye doctors are able to identify issues in their early stages and create a plan to prevent progression. This may literally mean the difference between healthy sight and blindness.

Wear Shades

Even during winter, UV rays are everywhere. UV-blocking sunglasses should be a part of your wardrobe worn every day to prevent major vision woes like painful corneal sunburn, cataracts and macular degeneration. As an added bonus, sunglasses minimize squinting and deter eye wrinkles resulting from sun damage.

Health & Wellness

You?ve heard it all before: exercise, eat right, quit smoking. Those great lifestyle choices also help your eyesight. ?Caring for your general health translates to fitness and minimizes your chances of developing diabetes and suffering blindness. Smoking decreases your circulation and puts you at risk for optic nerve damage, cataracts and macular degeneration. Eating foods rich in antioxidants nurtures your eyesight and aids in preventing many age-related vision maladies.

Protect your Eyes

One of the easiest ways to prevent eye injuries and related vision loss is by using the proper protection when performing work. Working with power tools, heavy equipment, or around automobiles means exposure to flying objects, dust, debris, and risk. Make a sensible choice to put on proper safety glasses. Choosing not to wear them can have tragic consequences that are easily avoidable. Set an example and also teach children safe work practices!

Look Away

Working on computers all day can leave you with miserable eyes and a wretched headache. Eye doctors commonly treat patients suffering from eye strain due to their screen-intensive lifestyles. Smartphones, tablets, and laptops may squeeze more work into life, but they wreak havoc on your eye health. Get plenty of sleep, and use the 20-20-20 method: For every 20 minutes of screen work, take 20 seconds to look 20 feet away. Your eyes will feel rested and healthy, and you?ll actually get more done.

The choices you make in other parts of your life often have a great impact on your eye health. Consult your eye doctor today to discuss eye care strategies that fit your lifestyle.

Source: http://valleyeyecareaz.com/5-ways-to-preserve-my-eyesight/

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Cyprus bank shutdown enters second week

NICOSIA, Cyprus (AP) ? Banks across Cyprus remain firmly padlocked after financial authorities extended the country's bank closure, fearing worried depositors will rush to drain their accounts. The shut-down is hammering businesses, which have been without access to their funds for more than a week.

All but the country's two largest lenders had been due to reopen Tuesday, after being shut while politicians figured out how to raise the funds necessary for Cyprus to qualify for an international bailout. Under the deal for a 10 billion euro ($12.94 billion) rescue clinched in Brussels early Monday, Cyprus agreed to slash its oversized banking sector and inflict hefty losses on large depositors in troubled banks.

Hundreds of angry students from a left-wing student union gathered outside Parliament, screaming "People, fight back, they're sucking your blood."

Source: http://news.yahoo.com/cyprus-bank-shutdown-enters-second-week-090738411--finance.html

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European banks: slow progress | Global Investing

The Cypriot?crisis, stemming essentially from?a banking malaise,?reminds us that Europe?s banking woes are far from over. In fact,?Stephen Jen and Alexandra Dreisin at SLJ Macro Partners posit in a note on Monday that?five years into the crisis, European banks have barely carried out any deleveraging. A look at their?loan-to-deposit ratios ?(a measure of a bank?s liquidity, calculated by dividing total outstanding loans by total deposits) remain at an elevated 1.15. That?s 60 percent higher than U.S. banks which went into the crisis with a similar LTD ratio but which have since slashed it to 0.7.

It follows therefore that if bank deleveraging really gets underway in Europe, lending will be curtailed further, notwithstanding central bankers? easing efforts. So?the economic recession is likely to be prolonged further. Jen and Dreisin write:

We hope that European banks can do this sooner rather than later, but fear that bank deleveraging in Europe is unavoidable and will pose a powerful headwind for the economy? Assuming that European banks, over the coming years, reduce their LTD ratio from the current level of 1.15 to the level in the U.S. of 0.72, there would be a 60% reduction in cross-border lending, assuming deposits don?t rise? This would translate into total cuts in loans of some $7.3 trillion.

The coming storm is also likely to hit some innocent bystanders ? emerging economies.

For years?European banks?have led the lending juggernaut in?the developing world, accounting for?57 percent of total foreign claims in these countries. A pullback is already underway: Jen and Dreisen cite BIS data showing a 4 percent fall in European lending to EM?since 2011.?But with over 90 percent of cross-border lending to eastern Europe coming from European banks, more pain can certainly be expected.

Source: http://blogs.reuters.com/globalinvesting/2013/03/25/european-banks-slow-progress/

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Monday, March 25, 2013

Syrian rebels capture area bordering Israel

Syrian opposition forces on Sunday captured a stretch of land along the country?s southern borders with Israel and Jordan, a human rights group said.

?Fighters loyal to Al-Nusra Front, Al-Yarmuk Brigade, Al-Mutaz Billah Brigade and others took control of Al-Rai military checkpoint? in the country?s southern Daraa district, AFP quoted the Syrian Observatory for Human Rights saying.

The al-Nusra Front, also known as Jabhat al-Nusra, was labeled an al-Qaeda in Iraq affiliate organization and outlawed by the United States in December.

?The fighters seized the site after regime forces retreated. The 25-kilometer [15.5 mile] area located between the towns of Muzrib and Abdin is now out of regime control,? the organization said, naming a town near Jordan and another in the Israel-controlled Golan Heights.

Earlier on Sunday the IDF retaliated when bullets fired from Syria hit army vehicles in the Golan and destroyed the outpost from which the shots originated.

Fighting between Syrian rebel groups and the forces loyal to Syrian President Bashar Assad has raged in the area adjacent to the Israeli border for months. Last week, rebel fighters captured one village and parts of others on the Golan Heights near the 1974 ceasefire line patrolled by the United Nations Disengagement Observer Force (UNDOF), which was created after the Yom Kippur war.

Two videos updated last week to YouTube claimed to show members of the Quneitra Liberation Collective during and after battle, celebrating with cheers after taking the town of Khan Arnabeh.

Though the combatants did not display flags or other symbols common to Islamist and al-Qaeda-linked groups [which are also fighting in Syria], some of the men shown sported beards and head coverings typical to Islamic groups.

Source: http://www.timesofisrael.com/syrian-rebels-capture-area-bordering-israel/

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Sunday, March 24, 2013

NASA: Flash in East Coast sky likely a meteor

NEW YORK (AP) ? East Coast residents were buzzing on social media sites and elsewhere Friday night after a brief but bright flash of light streaked across the early-evening sky ?in what experts say was almost certainly a meteor coming down.

Bill Cooke of NASA's Meteoroid Environmental Office said the flash appears to be "a single meteor event." He said it "looks to be a fireball that moved roughly toward the southeast, going on visual reports."

"Judging from the brightness, we're dealing with something as bright as the full moon," Cooke said. "The thing is probably a yard across. We basically have (had) a boulder enter the atmosphere over the northeast."

He noted that the meteor was widely seen, with more than 350 reports on the website of the American Meteor Society alone.

"If you have something this bright carry over that heavily populated area, a lot of people are going to see it," he said. "It occurred around 8 tonight, there were a lot of people out, and you've got all those big cities out there."

Matt Moore, a news editor with The Associated Press, said he was standing in line for a concert in downtown Philadelphia around dusk when he saw "a brilliant flash moving across the sky at a very brisk pace... and utterly silent."

"It was clearly high up in the atmosphere," he said. "But from the way it appeared, it looked like a plane preparing to land at the airport."

Moore said the flash was visible to him for about two to three seconds ? and then it was gone. He described it as having a "spherical shape and yellowish and you could tell it was burning, with the trail that it left behind."

"Set as it was against a cloudless sky over Philadelphia, it was amazing," he said.

Derrick Pitts, chief astronomer at Philadelphia's Franklin Institute, agreed that the sightings had all the hallmarks of a "fireball." These include lasting 7-10 seconds, being bright and colorful, and seeming to cross much of the sky with a long stream behind it.

He said what people likely saw was one meteor ? or "space rock" ? that may have been the size of a softball or volleyball and that fell fairly far down into the Earth's atmosphere.

He likened it to a stone skipping across the water ? getting "a nice long burn out of it."

Robert Lunsford of the American Meteor Society told USA Today "it basically looked like a super bright shooting star."

The newspaper reports that the sky flash was spotted as far south as Florida and as far north as New England.

Pitts said meteors of varying sizes fall from the sky all the time, but that this one caught more eyes because it happened on a Friday evening ? and because Twitter has provided a way for people to share information on sightings.

He said experts "can't be 100 percent certain of what it was, unless it actually fell to the ground and we could actually track the trajectory." But he said the descriptions by so many people are "absolutely consistent" with those of a meteor.

___

Associated Press writer Norman Gomlak in Atlanta contributed to this report.

Source: http://news.yahoo.com/nasa-flash-east-coast-sky-likely-meteor-041939030.html

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Skydive instructor, student killed in Fla. jumps

ZEPHYRHILLS, Fla. (AP) ? An investigation has opened into the weekend deaths of a skydiving instructor and a student, both from Iceland, who died during jumps with a group in Florida, a law enforcement official said.

The two men took part with 20 other people Saturday in skydiving jumps from a plane in Zephyrhills, about 30 miles northeast of Tampa, said Pasco County sheriff's spokeswoman Melanie Snow. They were reported missing, touching off an hours-long search on Saturday.

Snow said an air-and-ground search was begun when only 20 of the 22 skydivers returned from their jumps late Saturday morning. The bodies were discovered by spotters from the air early Saturday evening in woods south of the Zephyrhills Municipal Airport.

Snow would not comment whether the parachutes of the skydivers had opened, saying that was part of the investigation.

She identified the victims as 41-year-old instructor Orvar Arnarson and 25-year-old student Andrimar Pordarson. No hometowns were given. The men did not take part in a tandem jump but two separate jumps, Snow said without elaborating.

She added that the men were reported missing on their third round of jumps Saturday about 10:30 a.m. Saturday and that their bodies were spotted later after search teams scoured a large area, focused mostly south of the municipal airport.

She said the teams were instructed to look for the men and their chutes, one green-and-white and the parachute blue-and gray.

Authorities said the skydivers were part of a jump outing through Skydive City in Zephyrhills.

Source: http://news.yahoo.com/skydive-instructor-student-killed-fla-jumps-103931832.html

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Ableton Push review: a dedicated controller for the Live faithful

Ableton Push review a dedicated controller for the Live faithful

MIDI might be a little long in the tooth as protocols go, but it's been the prevailing standard for getting music hardware and software to play nice pretty much since its inception. As such, the MIDI controller is a fairly established staple in professional and bedroom studios alike. The problem is they're generic by nature. They come in all shapes and sizes, but to be profitable, they need to appeal to a broad range of applications. Ableton clearly didn't think this arrangement was up to snuff, though, so it created Push -- a software controller built entirely for its popular Live production software. While there have been Live-specific controllers before -- some even officially endorsed by Ableton -- Push is a whole new beast. It's one that hopes to unite hardware and software in a way that an all-purpose controller never could.

Ableton also has lofty musical ambitions for Push: it claims it designed the hardware as an instrument in and of itself; something that lets you close the lid of the laptop and use to make music with, while not looking like you are checking your email. And, given that Ableton makes the software that it's building Push for, integration is understandably expected to be airtight. But how well does it work? Is it an instrument? Will it replace all your other controllers? Do you want one? Is it worth the $599 pre-order price? Will it blend? We've pushed ourselves to explore the device fully in an effort to find out (apart from that last question, of course).

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/81iOzNKTZ3s/

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Saturday, March 23, 2013

Memo to Democrats: Never Mind the GOP, Here's What *We* Need to Fix (Atlantic Politics Channel)

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Messi, Higuain lead Argentina past?Venezuela

Associated Press Sports

updated 11:20 p.m. ET March 22, 2013

BUENOS AIRES, Argentina (AP) -Argentina looks like the surest bet from South America to qualify for the Brazil World Cup after Lionel Messi and Gonzalo Higuain again led the way in a 3-0 victory Friday over Venezuela in qualifying.

Higuain gave the Argentines a 1-0 lead in the 29th minute after making the most of a pass from Messi, who then made it 2-0 with a penalty in the 45th. Higuain picked up his second in the 59th, putting the game out of reach - again off a Messi pass.

"It was a very important victory," Higuain said. "We won playing well and put points on the board."

Argentina solidified its lead atop the South America qualifying group with 23 points in 10 matches, four clear of Colombia six ahead of Ecuador. Venezuela has 12 from 10 matches.

Messi's goal was his 32nd for Argentina, pulling him within two of Diego Maradona for third place behind Gabriel Batistuta (56) and Hernan Crespo (35).

Venezuela, the only country in the South American confederation that has never qualified for the World Cup, was outmatched from the start against the Argentines.

Messi was presented his fourth FIFA world player of the year award before the match by Julio Grondona, president of the Argentine Football Association and a FIFA vice president.

The Barcelona star was greeted by a thundering ovation at Monumental stadium in the Argentine capital - the home of the River Plate club - and also received kiss on the cheek from Grondona.

In other results in South America on Friday, Colombia defeated Bolivia 5-0 and Uruguay and Paraguay drew 1-1. Peru and Chile played later Saturday.

The top four clubs in South America qualify automatically for the World Cup, and the fifth-place team faces a playoff for a spot. Brazil as the host nation gets an automatic berth.

? 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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PST: Clint Dempsey scored the winner to lift the US over Costa Rica in a critical World Cup qualifier in blizzard conditions that blanketed the Commerce City, Colo. field with snow.

Source: http://nbcsports.msnbc.com/id/51298779/ns/sports-soccer/

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