Monday, April 29, 2013

Oil above $94 on US data, hope of EU rate cut

NEW YORK (AP) ? The price of oil rose above $94 per barrel Monday as positive U.S. economic data added to optimism for a rate cut in Europe.

Benchmark crude for June delivery gained $1.50 to finish at $94.50 a barrel in New York. Oil hadn't finished above $94 since April 10.

The U.S. government said Americans spent more in March as their incomes went up. And pending home sales hit their highest level in three years. Traders also think the European Central Bank will cut its benchmark interest rate from the current record low of 0.75 percent to 0.50 percent, in a further attempt to turn around the economy there.

A weaker dollar also helped boost oil prices by making crude priced in dollars cheaper for traders using other currencies. On Monday, the euro was up to $1.3100 from $1.3065 late Friday in New York.

Drivers are still shelling out fewer dollars at the gas pump compared with a year ago. The national average for a gallon of regular is $3.50, compared with $3.82 on this date last year.

Brent crude, which is used to price oil from the North Sea used by many U.S. refiners, rose 65 cents to end at $103.81 on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

? Wholesale gasoline was up almost a cent to finish at $2.83 a gallon.

? Heating oil was flat at $2.90 a gallon.

? Natural gas added 17 cents to end at $4.39 per 1,000 cubic feet.

Source: http://news.yahoo.com/oil-above-94-us-data-hope-eu-rate-163039674.html

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Must See HDTV (April 29th - May 5th)

Must See HDTV April 29th  May 5th

This week the NHL joins the NBA in celebrating its postseason, with plenty of games on the schedule for each. There are a number of premieres and finales this week, as well as the debut of individual seasons of Friends on Blu-ray. Look below for the highlights this week, followed after the break by our weekly listing of what to look out for in TV, Blu-ray and videogames.

Star Trek: TNG S3 / The Best of Both Worlds
The third season of Star Trek The Next Generation comes home this week remastered in HD, and it should be a good for fans. If you can't live with its cliffhanger ending until the fourth season arrives, The Best of Both Worlds Part 1 & 2 are also being released, edited together as a single episode. either way you get it, judging by the first two seasons, the adjustments should be well-received.
($59.99 and $14.99 on Amazon)

The Americans
FX's cold war spy drama closes out its first season this week. While it hasn't grabbed the mindshare of other popular cable series yet, the quality of the writing and acting is still there.
(May 1st, FX, 10PM)

Parks & Recreation
It appears that NBC's best remaining comedy will be renewed after this season, so this week's season finale will represent only the start of a vacation for the residents of Pawnee, IN. The Office finally getting yanked from the stage, 30 Rock calling it a series recently and Community... well. Let's just hope we have more PnR to look forward to this fall.
(May 2nd, NBC, 9:30PM)

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Source: http://www.engadget.com/2013/04/29/must-see-hdtv-april-29th-may-5th/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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Rohan Francis Of Quest Personal Training "Resolutions"

Posted by Dr. Vibe on April 28th, 2013

Rohan Francis - Owner and Operator: Quest Personal Training

Rohan Francis ? Owner and Operator: Quest Personal Training

Four months of the year are almost gone, what are your fitness resolutions from this past January looking like?

If you want to look better, feel better, and lose weight or tone up, Rohan Francis, Owner and Operator of Quest Personal Training is the Trainer for you. An internationally Certified Trainer, Rohan has helped well over 1000 people improve their health and fitness during his 20 years in the fitness business.

During our conversation, Rohan talks about:

- Guidelines and resolutions for fitness
- How he helps his clients achieve their fitness goals
- answers some questions from @clive_henry
- What you need to do when finding and dealing with a fitness professional
- Why do people succeed and fail when it comes to fitness resolutions
- some of his health resolutions for 2013
- Some of his tips in regards to people increasing their nutrition

You can connect with Rohan:

Email
Phone: (647)328-5980
Twitter

Please feel free to email us at info@blackcanadianman.com

Please feel free to ?Like? the ?The Dr. Vibe Show? Facebook fan page at ?The Dr. Vibe Show? Facebook Fan Page

God bless, peace, be well and keep the faith,

Dr. Vibe

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US-MUSIC Summary

Michael Buble mixes it up on album of standards, original songs

NEW YORK (Reuters) - With a son on the way and a new album with more original songs than ever, Michael Buble is venturing into uncharted territory without letting go of his personal or artistic roots. "To Be Loved," the 37-year-old Canadian singer's follow-up to his 2011 "Christmas" album, mixes standards inspired by jazz, Motown and even the Bee Gees, with tracks written by Buble as well as collaborations with Bryan Adams and Reese Witherspoon.

South Korean rap sensation Psy honored at Tribeca Film Festival

NEW YORK (Reuters) - South Korean rapper and Internet sensation Psy was honored as a transcultural phenomenon by the Tribeca Film Festival on Friday along with a host of other luminaries ranging from choreographer Twyla Tharp to controversial media host Glenn Beck. "Who knew, right?" Psy said as he was presented his Tribeca Disruptive Innovation Award. "Giving me this award in itself is innovation, I think."

Country singer George Jones dead at 81

WASHINGTON (Reuters) - George Jones, a classic country singer with a voice full of raw honky-tonk emotion and a life full of honky-tonk turmoil, died on Friday at age 81, his spokesman said. Jones, whose career spanned more than six decades and included hits such as "He Stopped Loving Her Today" and "Window Up Above," died at Vanderbilt University Medical Center, in Nashville.

Mamma Mia! Bookie offers odds on ABBA reunion

LONDON (Reuters) - A British bookmaker is taking bets on an ABBA comeback after singer Agnetha Faltskog hinted at a possible reunion for Sweden's most successful band. Faltskog, who has come out of retirement to release a solo album called "A", was asked by German's Die Zeit Magazine if she would be open to an ABBA reunion and she responded positively.

African diva Angelique Kidjo wins Songlines Best Artist award

LONDON (Reuters) - African diva Angelique Kidjo was named Best Artist in Songlines magazine's annual world music awards on Friday, lauded for her high-energy shows and her championing of social causes. French veterans Lo'jo, who mix French folk with African and Arabic sounds, picked up the Best Group award and the young Zimbabwean band Mokoomba was chosen as top Newcomer.

Psy knocked from top of Korean charts by 63-year-old singer

SEOUL (Reuters) - South Korean rapper Psy, whose latest video "Gentleman" tracked global megahit "Gangnam Style" by going viral on the Internet, has been knocked from the top of the music charts in his native country by a 63-year-old easy listening pop singer. "Gangnam Style", which holds the YouTube record for most views with more than 1.5 billion, catapulted the sunglassed Korean with the garish jackets to world stardom and made him one of the best-known faces to grace the growing K-pop music scene.

Documentary about deceased British singer Amy Winehouse in the works

(Reuters) - A documentary is in the works about the late British soul singer Amy Winehouse and it features previously unseen material, the film's distributor said on Wednesday. The film, which will include archival footage never seen by the public, will be directed by Briton Asif Kapadia, whose 2010 film "Senna," about Brazilian auto racer Ayrton Senna, won a BAFTA for best documentary.

Kurdish singer sparks identity debate on Arab talent show

ARBIL, Iraq (Reuters) - A singer from Iraq's Kurdistan region has made it through to the semi-final of an Arab talent contest, igniting heated debates over Iraqi identity and politicizing the popular TV show. A panel of judges praised 24-year-old Parwaz Hussein and she was voted through to the next round of "Arab Idol", in which aspiring popstars from Morocco to Bahrain compete for a recording contract.

Justin Bieber shrugs off "rumors" after Swedish drug find

STOCKHOLM (Reuters) - Teen idol Justin Bieber on Thursday seemed to shrug off the latest controversy surrounding his European tour after Swedish police said they had found drugs on his tour bus but could not link them to any single person. Bieber, 19, has made headlines in the past two months for showing up late for his own London concert, walking shirtless through airport security in Poland, posting a cartoon of himself in bed with a young woman, and expressing the hope that Holocaust victim Anne Frank would have been a "belieber" like his millions of fans.

Michael Jackson wrongful death trial set to get underway Monday

LOS ANGELES (Reuters) - The civil trial over the death of Michael Jackson is set to get formally underway next week after jury selection was completed on Tuesday in the $40 billion case that pits the pop star's mother against concert promoters AEG Live. Six alternate jurors were chosen on Tuesday following the selection a day earlier of a jury of six men and six women for what is expected to be an emotional three-month trial.

Source: http://news.yahoo.com/us-music-summary-133156745.html

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The iTunes Store Is A Decade Old Today

For better or worse, Apple has been peddling digital wares for ten years through its iTunes store. What started as a 99 cent, iPod-centric music seller has evolved into the billion dollar behemoth we know today. More »
    


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/oUKhq5PTiaQ/the-itunes-store-is-a-decade-old-today

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Friday, April 26, 2013

Chael Sonnen, Nate Diaz and the Empire State: Where did they end up on the Hot or Not list?

UFC 159 hype, suspensions ending and a state still not jumping aboard on the MMA train ? it was another full week of MMA. See who made the hot or not list.

Hot ? Chael Sonnen: We won't know if he's a winner in the cage until late Saturday night as he takes on Jon Jones for the championship belt at UFC 159. However, this man is already a winner in the financial arena. According to the Los Angeles Times, he took home $8 million for his bout with Anderson Silva. Main event fighters quite often get a percentage of pay-per-view buys, which explains both why he made so much at UFC 148 and why he's working so hard to sell his fight with Jones.

Not ? Nate Diaz: He lost by a TKO to Josh Thomson at UFC on Fox on Saturday night, which was enough to land him on the not list. Diaz took an extra step to make it here by saying that Thomson, who knocked him out, was running from him the entire fight.

"He didn't come in there and put no [expletive] whopping on me. You know what I'm saying? He didn't come in there and make anything happen. I have never fought somebody before who had ever wanted out of a fight so bad. I expected a fight. I expected him to grab me and try to hold on to me or throw some kicks and move and throw some punches and move but that [expletive] was straight running and I had to chase him down."

Again, it was Thomson who finished Diaz.

Hot -- Matt Mitrione: His suspension for using hate-filled language against lasted just a few weeks, and he has a fight scheduled for this summer.

Not -- MMA in New York: Even though UFC 159 is in nearby Newark, N.J., MMA is still not sanctioned in New York. The UFC has poured quite a lot of money into lobbying for the sport but it's done nothing. At this point, even UFC president Dana White is "over" MMA in New York.

Source: http://sports.yahoo.com/blogs/mma-cagewriter/chael-sonnen-nate-diaz-empire-state-where-did-180323847.html

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Syrian officials deny use of chemical weapons

DAMASCUS, Syria (AP) ? Two Syrian officials denied Friday that government forces had used chemical weapons against rebels, Damascus' first response to U.S. assertions that it had.

On Thursday, the White House and other top Obama administration officials said that U.S. intelligence had concluded with "varying degrees of confidence" that the Syrian government has twice used chemical weapons in its civil war.

In the Syrian capital however, a government official said President Bashar Assad's military "did not and will not use chemical weapons even if it had them." He instead accused opposition forces of using them in a March attack on the village of Khan al-Assad outside of the northern city of Aleppo.

Both sides have accused each other of the deadly attack.

The official said the Syrian army had no need for using chemical weapons "because it is capable of reaching any area in Syria it wants" without them. He spoke to The Associated Press on condition of anonymity because he was not authorized to give official statements.

Sharif Shehadeh, a Syrian lawmaker, said the Syrian army "can win the war with traditional weapons" and has no need for chemical weapons.

Syria's official policy is not to confirm nor deny it has chemical weapons.

Shehadeh called the U.S. claims "lies" and likened them to false accusations that Iraq possessed weapons of mass destruction ? a claim U.S. policymakers had used to justify the invasion of that country in 2003.

"What is being designed for Syria now is similar to what happened in Iraq when Colin Powell lied in the Security Council and said Iraq possesses weapons of mass destruction prior to the U.S. invasion and occupation of that country," he said.

President Barack Obama has said that the use of chemical weapons would be a "red line" that could result in a significant military response. But the administration said on Thursday that the new revelation won't immediately change its stance on intervention.

On the streets of Damascus, the two-year old conflict dragged on Friday, with government troops pushing into two northern neighborhoods, triggering heavy fighting with rebels as they tried to advance under air and artillery support, activists said.

The drive was the latest in a dayslong offensive by government forces in and around the capital, an apparent bid to secure Assad's main stronghold against rebel challenges.

The Britain-based Syrian Observatory for Human Rights said the fighting between rebels and soldiers backed by pro-government militiamen was concentrated in the Jobar and Barzeh areas. The Local Coordination Committees, another activist group, said troops also bombarded the nearby neighborhood of Qaboun with mortars and multiple rocket launchers.

State-run news agency SANA said troops killed five rebels in clashes near the main mosque in Jobar. It added that many other "terrorists," the term the government uses for rebels, were killed in the area and the nearby neighborhood of Zamalka.

The regime has largely kept the rebels at bay in Damascus, although opposition fighters control several suburbs of the capital from which they have threatened the heart of the city. Last month, government troops launched a campaign to repel the opposition's advances near the capital, deploying elite army units to the rebellious suburbs and pounding rebel positions with airstrikes.

The Observatory also reported clashes in the northern city of Aleppo, Syria's largest, between rebels and Kurdish gunmen in the contested Sheikh Maqsoud neighborhood. It also said there was fighting around the sprawling Abu Zuhour air base in the northwestern Idlib province.

Syria's conflict started with largely peaceful protests against Assad's regime in March 2011 but later degenerated into a civil war, which has left an estimated 70,000 dead.

___

AP reporter Bassem Mroue contributed from Beirut.

Source: http://news.yahoo.com/syrian-officials-deny-chemical-weapons-113003061.html

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Dow Chemical sees farm products driving profit this year

By Garima Goel

(Reuters) - Dow Chemical Co posted a better-than-expected 33 percent jump in quarterly profit as farmers in the Americas bought more of its seeds and pesticides, overshadowing a decline in European demand for its plastics.

Dow, the largest U.S. chemical maker by sales, forecast that demand for its seeds and crop-protection products would drive further growth after a quarter in which its agricultural science business posted the highest sales growth of its various units.

Sales at Dow's agriculture science business, which supplies seeds, oils and farm chemicals, rose 14 percent to $2.1 billion in the first quarter, the company said in a statement.

"Two-thirds of the increase in revenues and profit came from new (agricultural science) products. That will continue to set records for us this year, and the next several years," Chief Executive Andrew Liveris told Reuters by telephone.

Rivals DuPont

and Monsanto have also reported higher quarterly results due to demand for drought-hardy seeds and crop chemicals from farmers looking to boost yields ahead of the spring planting season.

Dow Chemical shares were up 4 percent at $33.59 in early morning trading on the New York Stock Exchange.

The company's net income rose 33 percent to $550 million, or 46 cents per share, in the first quarter from $412 million, or 35 cents per share, a year earlier.

Excluding one-time items, the earnings were 69 cents per share, well ahead of the 61 cents analysts had estimated.

Revenue, however, fell 2 percent to $14.40 billion, missing the average analyst estimate of $14.88 billion, according to Thomson Reuters I/B/E/S.

Sales at Dow's performance plastics unit, still the company's biggest, fell 3 percent to $3.5 billion due to weak demand in Europe.

(Editing by Sriraj Kalluvila, Robin Paxton and Sreejiraj Eluvangal)

Source: http://news.yahoo.com/dow-profit-jumps-strong-sales-seeds-crop-chemicals-110946761.html

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Rachel Maddow on the Mainstreaming of Crackpot Conspiracy Theories by the Right Wing (Little green footballs)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories News, RSS and RSS Feed via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/301601199?client_source=feed&format=rss

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CA-BUSINESS Summary

TSX up 6th day on upbeat data, Potash earnings

TORONTO (Reuters) - Canada's main stock index extended its gains into a sixth straight session on Thursday, buoyed by positive U.S. economic data and a stronger-than-expected earnings report from Potash Corp . Investors were encouraged by data showing the number of Americans filing new claims for unemployment benefits fell last week, offering reassurance that the bottom is not falling out of the labor market.

Shoppers Drug Mart revenue rises on higher over-the-counter sales

(Reuters) - Shoppers Drug Mart Corp reported a 4 percent rise in first-quarter revenue despite tighter price controls for generics, helped by a jump in sales of over-the-counter products. Canada's biggest pharmacy chain said average prescription value fell 4.8 percent in the quarter due in part to cuts in the prices of generic drugs.

Exxon quarterly profit up slightly

(Reuters) - Exxon Mobil Corp said on Thursday its quarterly profit edged up, helped by higher earnings in its chemicals business but oil and gas production fell. Earnings per share topped Wall Street expectations but the gains largely came after a big stock buyback that reduced the number of outstanding shares by 5 percent.

Precision Drilling expects U.S. rig demand to stabilize

(Reuters) - Precision Drilling Corp , Canada's largest oil and gas drilling contractor, expects demand for its rigs to stabilize in the United States in the coming months after falling for several quarters and squeezing its profits. The number of rigs drilling for natural gas in the United States edged higher for the second straight week ended April 21, after declining for the last 18 months. U.S. rig count is down about 60 percent since peaking at 936 in 2011.

Dow Chemical sees farm products driving profit this year

(Reuters) - Dow Chemical Co posted a better-than-expected 33 percent jump in quarterly profit as farmers in the Americas bought more of its seeds and pesticides, overshadowing a decline in European demand for its plastics. Dow, the largest U.S. chemical maker by sales, forecast that demand for its seeds and crop-protection products would drive further growth after a quarter in which its agricultural science business posted the highest sales growth of its various units.

Oil production rises for Exxon, Conoco in first-quarter

HOUSTON (Reuters) - Quarterly results from Exxon Mobil Corp and ConocoPhillips on Thursday showed that while overall growth remained elusive, output rose in key basins in the United States where the oil and gas companies are spending heavily to grow crude production. North American shale basins and the Gulf of Mexico are seen as more secure places for energy companies to invest because they typically offer a steady source of growth. Conoco said in December that more than half of its nearly $16 billion budget for 2013 will be spent in North America.

Watchmakers fret over China sales slump

BASEL (Reuters) - Luxury watchmakers expect sales growth to slow this year as a recovery in the United States and buoyant Middle East demand fail to offset a China slump more deep-rooted than a temporary blip caused by anti-corruption moves. The heads of Swatch Group's biggest brand Omega and LVMH flagship brand TAG Heuer as well as high-end independents Patek Philippe and Ulysse Nardin all said demand in Greater China had tumbled, particularly for high-end models.

Imperial Oil profit falls on lower crude prices

(Reuters) - Imperial Oil Ltd , Canada's No. 2 oil producer and refiner, reported a 21 percent fall in first-quarter profit due to lower crude prices and increased refinery maintenance. The company said the start-up of the first phase of its Kearl oil sands project in northern Alberta is imminent and the sales of Kearl blend are expected to begin in the third quarter.

Strong post-holiday season boosts UPS profit

(Reuters) - United Parcel Service Inc said it expects the small-package delivery market to grow faster than the U.S. economy in 2013, after reporting a higher quarterly profit on strong post-holiday season demand. Shares of the world's largest package-delivery company rose 2 percent in early trading after UPS said its growing e-commerce business also lifted first-quarter results.

Barclays promises angry investors to crack down on pay

LONDON (Reuters) - Barclays promised a rigorous review of executive pay on Thursday, as shareholders at the bank's annual meeting said they remain unconvinced that big bonus payouts will be abandoned by its new bosses as part of a new ethical drive. Chief Executive Antony Jenkins, drafted in last year to tear up Barclays' profits-at-all-costs culture, told shareholders it would take time for them to see the benefits of his multi-billion-pound overhaul.

Source: http://news.yahoo.com/ca-business-summary-110120717.html

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Thursday, April 25, 2013

EMC first-quarter earnings per share, revenue below Street

(Reuters) - EMC Corp, the world's largest data storage equipment maker, on Wednesday reported an increase in first-quarter revenue and earnings but missed expectations.

The company said adjusted earnings per share rose 5 percent compared with a year earlier, to 39 cents, but were below average analyst estimates of 40 cents, according to Thomson Reuters I/B/E/S.

Quarterly revenue increased 6 percent to $5.39 billion versus expectations of $5.42 billion.

The company reiterated its full-year targets for non-GAAP earnings per share of $1.85 and revenue of $23.5 billion.

EMC also said it planned to buy back $1 billion of its common stock in 2013.

Despite the miss, some analysts said investors would breathe a sigh of relief because of concerns ahead of the results that EMC would lower its outlook after weak results from other tech companies.

"There were fears of a disaster at EMC given what we have seen around tech with Oracle, IBM. So overall it was better than feared," said FBR Capital markets analyst Daniel Ives.

"Would you frame this quarter in your living room? No, but most investors would take this quarter any time of the week," Ives said.

(Reporting by Nicola Leske; Editing by Maureen Bavdek)

Source: http://news.yahoo.com/emc-first-quarter-earnings-per-share-revenue-below-111434450--finance.html

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Wednesday, April 24, 2013

China Car Times ? China Auto News | China Auto Show: China ...

If you look at any Chinese government white paper on the future of the auto industry in China you will find that they wistfully look to ?new energy vehicles? as the end all solution to China?s car and pollution problem. New Energy includes electricity, LPG and Hydrogen amongst other flavors but the EV is the big favorite due to the storage solutions of hydrogen, not that electricity is any much easier to store. Chinese manufacturers like BYD have put out hybrid and EV models in the Chinese market but sales are so poor that they are barely making a dent, only deep pocketed companies and government agencies are buying them up, and only buying them at a slow rate.

Honda?s CEO has finally come to the conclusion that Chinese customers aren?t interested in hybrids as of yet, but he fails to come to a conclusion:

?Overall, we have high hopes for hybrid technology. In terms of how important it is to the Chinese market we are slowly releasing products and looking at how they do,? Mr. Ito told reporters in Shanghai on Saturday. ?But we think there are still more Chinese consumers who want to simply buy a car that fits their needs rather than buy a hybrid. By needs I mean a good-quality car with an affordable price that doesn?t break down. At present, we think these take higher priority.?

Perhaps Mr. Takanobu should think further along the lines as to why Chinese consumers aren?t buying hybrids from Honda or elsewhere ? and that?s because they are far more expensive than their gasoline variants. A regular gasoline Honda Fit costs circa 75,000RMB, where as the hybrid Fit is just under 180,000RMB ? the difference in running a petrol version for around 7 years or buying a larger car and having a running budget for 2 to 3 years of use.

Maserati boss Harald Wester did not share Mr. Takanobu?s enlightened views on hybrids and EV?s at the Shanghai Auto Show, he simply called all electric vehicles ?nonsense?:

Maserati boss Harald Wester has described electrically powered cars as ?nonsense?, saying regulatory bodies need to take a more realistic approach to how they measure emissions before pushing through regulations that favor them.

Citing statistics that suggest average power station efficiency means the average electric car requires 86g of CO2 to be produced to travel a kilometer in Europe, 110g/km in the USA and 191g/km in China.

Wester said: ?All this discussion about zero emissions is nonsense. Nobody talks about the efficiency of how the battery is charged. It varies strongly from region to region, depending on how the energy is produced, nuclear, coal and so on, but even the best is not ahead of the internal combustion engine.?

Source: http://www.chinacartimes.com/2013/04/china-auto-show-china-doesnt-care-about-hybrids-according-to-honda-and-electric-cars-nonesense-according-to-maserati/

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Tuesday, April 23, 2013

Sporting events: Clear your memory to pick a winner

Apr. 22, 2013 ? Predicting the winner of a sporting event with accuracy close to that of a statistical computer programme could be possible with proper training, according to researchers.

In a study published today, experiment participants who had been trained on statistically idealised data vastly improved their ability to predict the outcome of a baseball game.

In normal situations, the brain selects a limited number of memories to use as evidence to guide decisions. As real-world events do not always have the most likely outcome, retrieved memories can provide misleading information at the time of a decision.

Now, researchers at UCL and the University of Montreal have found a way to train the brain to accurately predict the outcome of an event, for example a baseball game, by giving subjects idealised scenarios that always conform to statistical probability.

Dr Bradley Love (UCL Department of Cognition, Perception and Brain Sciences), lead author of study, said: "Providing people with idealized situations, as opposed to actual outcomes, 'cleans' their memory and provides a stock of good quality evidence for the brain to use."

In the study, published in Proceedings of the National Academy of Sciences, researchers programmed computers to use all available statistics to form a decision -- making them more likely to predict the correct outcome. By using all data from previous sports leagues, the computer's predictions always reflected the most likely outcome.

Next, researchers 'trained' the brains of participants by giving them a scenario which they had to predict the outcome of. Two groups of subjects, those given actual outcomes to situations and those given ideal outcomes were trained and then tested to compare their progress.

The scenarios consisted of games between two Major League baseball teams. Participants had to predict which team would win and were told if their prediction was correct. Those in the 'actual' group we told the true outcome of the game and those in the 'ideal' group were given fictional results.

Prior to participants' predictions, the teams had been ranked in order based on their number of wins. For the ideal group, researchers changed the results of the match so the highest ranking team won regardless of the true outcome. This created ideal outcomes for the subjects as the best team always won, which of course does not happen in reality.

Participants in the experiment were tested by being asked to predict the outcomes for the rest of the matches played in the league, but they were not given feedback on their performance. Even though the 'ideal' group had been given incorrect data during training, they were significantly better at predicting the winner.

Dr Love explained: "Unlike machine systems, people's decisions are messy because they rely on whatever memories are retrieved by chance. One consequence is that people perform better when the training situation is idealised -- a useful fiction that fits are cognitive limitations."

Participants' prediction abilities were compared to computer models that were either optimised for prediction or modelled on human brains. After ideal outcome training, the study showed that 'ideal' subjects had greatly enhanced their skills and were comparable with the optimised model when predicting baseball game outcomes.

Authors suggest that idealised real world situations could be used to train professionals who rely on the ability to analyse and classify information. Doctors making diagnoses from x-rays, financial analysts and even those wanting to predict the weather could all benefit from the research.

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Story Source:

The above story is reprinted from materials provided by University College London, via EurekAlert!, a service of AAAS.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Gyslain Gigu?re and Bradley C. Love. Limits in decision making arise from limits in memory retrieval. PNAS, April 22, 2013 DOI: 10.1073/pnas.1219674110

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/living_well/~3/zH-MY7K8-vk/130422154923.htm

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Halliburton in Gulf spill settlement talks, takes charge

By Braden Reddall

(Reuters) - Halliburton Co is in talks to settle private claims against it in a trial to determine how blame should be shared for the 2010 Gulf of Mexico spill, the company said on Monday, and it took a $1 billion pretax charge for a possible deal.

The disclosure of the talks helped push Halliburton shares up 3.5 percent. It came just days after the conclusion of court proceedings for the first phase of the trial to settle claims brought by the U.S. government and Gulf Coast states, as well as private parties affected by the worst U.S. offshore oil spill.

BP Plc has sought to offload as much blame as possible on to rig owner Transocean Ltd and Halliburton, which performed the cement work on the well.

Halliburton Chief Executive Officer David Lesar said the company believed an "early and reasonably valued" resolution was in the best interests of shareholders, and its most recent offer included cash components payable over time as well as stock.

"Discussions are at an advanced stage but have not yet resulted in a settlement," Lesar said, explaining what amounts to an after-tax charge of $637 million that pushed the oilfield services company to a loss for the first quarter.

The charge is based on where Halliburton is in the negotiations, Lesar said. It is on top of a first-quarter 2012 charge of $191 million after taxes, or $300 million before taxes.

The total $1.3 billion reserve estimate does not include any potential insurance recovery, Lesar said.

Shares of Halliburton, the world's second-largest oilfield services company, rose 3.5 percent to $38.50 in premarket trading.

"A Macondo settlement would be a significant positive for the stock," said UBS analyst Angie Sedita, adding that Halliburton also got a lift in the first quarter from higher-than-expected earnings in North America.

The company reported a loss of $13 million, or 1 cent per share, compared with year-earlier earnings of $635 million, or 69 cents per share. Excluding the charge and other items, it made a profit of 62 cents per share, ahead of the 57 cents that analysts expected, according to Thomson Reuters I/B/E/S.

Revenue rose 1.5 percent to $6.97 billion.

Revenue from outside North America grew 21 percent, and Halliburton said it had delivered better growth internationally than its two primary competitors over the past four quarters.

On Friday, industry leader Schlumberger Ltd and third-ranked Baker Hughes Inc both reported higher-than-expected earnings.

Oilfield companies' pricing power, especially for pressure pumping fleets used in hydraulic fracturing, has collapsed in North America as the number of U.S. rigs targeting natural gas edges away from 14-year lows. But Baker Hughes said on Friday that the declines in frack pricing were starting to taper off.

Halliburton weighed in on Monday, saying pricing might increase modestly this year as customers adopt new technology to improve well production.

(Reporting by Braden Reddall in San Francisco; Editing by Lisa Von Ahn)

Source: http://news.yahoo.com/halliburton-spill-settlement-talks-takes-1-billion-hit-124133562--finance.html

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Saturday, April 20, 2013

Google's One Today App Aims To Make Charitable Donations A ...

Today, Google quietly ushered in a new application built on top of its nonprofit arm, Google.org. The app is called One Today, and it?s currently invite only for Android users at this time. The aim is to get people to donate $1 to different organizations, while getting the complete information about how your donation will be used up front. This is a huge stumbling block for nonprofits usually, as people are afraid that their money won?t actually get spent on making a real difference. One Today aims to change that.

Additionally, One Today has a social component to it, letting you set a cap to how much money you?ll match if your friends donate to a cause. By using Google Wallet, you can simply pay off your ?donation balance? once all of your friends have used up your cap. It?s a pretty interesting way of crowdsourcing donations. When I talk to people about giving money to causes, the first problem they have is that they can?t find one that they?re passionate about. By allowing you to put the choice of who to donate in your friends? hands, this problem simply goes away and there?s no excuse not to give. You don?t have to involve others though, as you can participate by yourself or interact with the app?s community.

Screenshot_4_18_13_9_21_PM

Currently, the landing page allows you to request an invite, even though the app itself is available for download on Google Play. If you open the app, you?re shown the invite screen yet again and there?s no word on when One Today will start opening itself up to users and donations.

Some other interesting aspects of the app are that it?s populated only with nonprofits that Google.org is currently working with, so you know that they?re pre-screened. Other sites, such as Causes, are filled up with organizations that have little or no information about itself or what is done with the money that they?re raising. That?s clearly not the case with this app, according to the programs that will be pre-populated:

Screenshot_4_18_13_9_22_PM

Organizations can also register to be included.

From the looks of the app screenshots, One Today seems extremely polished and well thought out. This is an app that Google hopes you use daily:

unnamed-2

The reason for putting this together is addressed in the app?s FAQ:

Google has a long-standing commitment to supporting nonprofits and to do doing good. One Today makes fundraising easy for nonprofits, it also makes giving simple and fun for users.

But yes, Google does collect a 1.9 percent credit card fee, but that?s not much considering that it takes care of the processing and donation routing for you. These donations are also tax deductible, of course.

The idea of accepting one dollar at a time is easy enough for anyone to chew on, and get into the rhythm of daily giving, which could be a more rewarding experience than giving a lump sum to just one charity every year, for example. As you donate more, the app will start recommending other organizations that might interest you, which is a Google Play app-like purchasing experience. When you tap ?give,? it?s actually a pledge, and you?ll be notified to settle your balance once you?ve pledged to a few organizations.

With this approach, micro-donations could actually catch on and raise more money for these nonprofits than ever. In many situations, it?s not the actual amount that you donate, it?s the awareness that your social actions bring. One Today is an amplification tool, and it will be interesting to see how the project evolves once it opens to the masses.


Google.org is the philanthropic arm of Google. The organization invests 1% of Google???s equity and profits into non-profit and for-profit endeavors. Recent investments have gone towards the development of renewable energy technologies and medical research. As of September 2008, Google.org has committed over $100 million in grants and investments.

? Learn more

Source: http://techcrunch.com/2013/04/18/googles-one-today-app-aims-to-make-charitable-donations-a-more-social-and-frequent-experience/

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Friday, April 19, 2013

NASA's big decision: Build a moon base or lasso an asteroid?

NASA and lawmakers disagree over the future of human spaceflight. NASA has its sights set on an asteroid landing, while legislators want a permanent moon base.

By Mike Wall,?SPACE.com / April 11, 2013

Apollo 11 astronauts Neil Armstrong and Edwin "Buzz" Aldrin plant the U.S. flag on the lunar surface, July 20, 1969. No human has set foot on the moon since 1972, something Congress wants to change.

NASA / AP

Enlarge

While NASA's proposed budget for 2014 unveiled this week reaffirms the space agency's ambitious plan to send astronauts to an asteroid, some members of Congress are pushing for a more familiar goal: a moon base by 2022.

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President Barack Obama's federal budget request for 2014, released Wednesday (April 10), gives NASA $105 million to jump-start a bold plan to?park an asteroid near the moon. Astronauts would then explore the space rock using the agency's Space Launch System rocket and Orion capsule, with the first visit perhaps coming as early as 2021.?

The proposed "Asteroid Initiative" lines up with the manned spaceflight priorities of the Obama Administration, which three years ago cancelled NASA's moon-oriented Constellation program and directed the agency to get astronauts to an asteroid by 2025, then on to the vicinity of Mars by the mid-2030s.?

But some lawmakers contend that?the moon?should still be NASA's immediate human spaceflight target. They have reintroduced a 2011 bill called the RE-asserting American Leadership in Space Act (or REAL Space Act for short), which asks NASA to send astronauts to the moon by 2022 with the goal of establishing a long-term settlement there.

"The moon is our nearest celestial body, taking only a matter of days to reach," Rep. Bill Posey (R-Fla.) said in a statement Wednesday. "In order to explore deeper into space ? to Mars and beyond ? a moon presence offers us the ability to develop and test technologies to cope with the realities of operating on an extraterrestrial surface."

The bill would also give NASA's manned spaceflight efforts more direction, its sponsors say.

"This legislation is not just about landing another human on the moon. It is about restoring our nation?s now-defunct human spaceflight program and setting clear and achievable goals that will lead to advancements in science and technology," said Rep. Rob Bishop (R-Utah). "This legislation restores and clarifies NASA?s role in human spaceflight and sets the US back on course to lead exploration of the cosmos."

Astronauts have not walked on the surface of the moon since NASA's Apollo 17 mission in 1972, which marked the final lunar landing mission of the Apollo program.

Source: http://rss.csmonitor.com/~r/feeds/science/~3/ytfd-n76Ooc/NASA-s-big-decision-Build-a-moon-base-or-lasso-an-asteroid

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Wednesday, April 17, 2013

AP: Ex-wife says former SC Gov. Sanford trespassed

(AP) ? Former South Carolina Gov. Mark Sanford must appear in court two days after running for a vacant congressional seat to answer a complaint that he trespassed at his ex-wife's home, according to court documents acquired by The Associated Press on Tuesday.

The complaint says Jenny Sanford confronted Sanford leaving her Sullivans Island home on Feb. 3 by a rear door, using his cell phone for a flashlight. Her attorney filed the complaint the next day and Jenny Sanford confirmed Tuesday the documents are authentic.

The couple's 2010 divorce settlement says neither may enter the other's home without permission. Mark Sanford lives about a 20-minute drive away in downtown Charleston.

Republican Mark Sanford is trying to revive his political career that was derailed by an extramarital affair that ended the couple's marriage. He faces Democrat Elizabeth Colbert Busch on May 7 as he tries to regain the 1st District congressional seat he held for three terms in the 1990s.

Spokesman Joel Sawyer said the Sanford campaign had no immediate comment on the court documents.

The complaint filed by Jenny Sanford's lawyer, Deena Smith McRackan, said that Mark Sanford has "entered into a pattern of entering onto plaintiff's property. Plaintiff has informed defendant on a number of occasions that this behavior is in violation of the court's order and has demanded that it not occur again."

In Febuary of 2011, McRackan sent a letter to Mark Sanford telling him not to trespass on Jenny Sanford's property. A copy of that letter was also sent to the local police, according to court filings.

Jenny Sanford said Tuesday that she has custody of the couple's four boys.

She said the complaint has nothing to do with her former husband's efforts to rebuild his career in politics. She said it was filed with the court the day after the incident and when a family court judge last month set the case for the docket, it happened to be two days after the election.

"I am doing my best not to get in the way of his race," Jenny Sanford told the AP. "I want him to sink or swim on his own. For the sake of my children I'm trying my best not to get in the way, but he makes things difficult for me when he does things like trespassing."

Sanford is trying to make a comeback after his political career was sidelined in 2009 after confessing an extramarital affair. As a sitting governor, he disappeared from the state for five days only to return and confess to an affair with an Argentine woman, Maria Chapur. He and Jenny Sanford soon divorced and he is now engaged to Chapur who lives in Argentina.

A spokesman for Colbert Busch said that the campaign had no comment on the dispute between the Sanfords.

In December of 2011, there was another complaint against Mark Sanford brought by Jenny Sanford saying he had not made the $5,000 yearly contribution for one of their son's college education. Jenny Sanford said Tuesday that the matter has been resolved but would not comment further.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-04-16-Sanford%20Divorce/id-61c10e6adf3e4f05b92f11fc5f2ae557

Kick Ass Torrents

Supernova Left Its Mark In Ancient Bacteria

> life might be quite rare...
and...
> life is much more resilient...

I'm going to split the difference between you two. I just finished reading John Gribbin's "Alone In The Universe: Why Our Planet Is Unique." Yes, it's another rehash of the "Rare Earth" hypothesis, but he bases it on some of the latest computer simulations.

Gribbin says that *simple single-celled life* might be very common throughout our Galaxy. But Gribbin makes the argument that *sentient* life is probably quite rare.

You may not agree with his conclusion, but he presents the latest evidence and theories for solar system formation. Well worth the read.

Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/-7NgoMvr3Jc/story01.htm

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$405 million Madoff payoff: Judge says victims' advocate 'slept on his rights'

A federal judge blocked the trustee seeking money for Bernard Madoff's victims from interfering with New York state's $410 million settlement with Ezra Merkin, a Wall Street hedge fund manager accused of steering client money to the swindler. The settlement calls for Merkin to pay $405 million to investors over three years, and $5 million to New York State to cover fees and costs.

By Jonathan Stempel,?Associated Press / April 15, 2013

Bernard Madoff (center) enters the Manhattan federal courthouse in New York, March 2009.

Shannon Stapleton / Reuters / Files

Enlarge

A federal judge blocked the trustee seeking money for Bernard Madoff's victims from interfering with New York state's $410 million settlement with Ezra Merkin, a Wall Street hedge fund manager accused of steering client money to the swindler.

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Irving Picard, the trustee, had said the settlement with New York Attorney General Eric Schneiderman interfered with his exclusive right to recover money for people who invested with Madoff, by reducing the sums available for him to pursue.

But U.S. District Judge Jed Rakoff in Manhattan scolded Picard for having waited too long after the attorney general's office had first moved against Merkin to intervene.

The trustee, "having for more than three years issued empty threats to seek a halt to the attorney general's suit, has lost his right to complain," Rakoff wrote on Monday. "The trustee unreasonably and inexcusably slept on his rights."

Amanda Remus, a spokeswoman for Picard, said the trustee considers the decision "incorrect and contrary to law," and plans to appeal immediately.

The decision is a setback for Picard, a partner at Baker & Hostetler, who has largely been successful in stopping Madoff-related litigation that he believes interferes with his own.

According to his website, Picard has recovered $9.32 billion for victims of Madoff's fraud, a little more than half of the $17.3 billion of principal he has said was lost. The trustee has been seeking more than $500 million from Merkin and his funds.

Schneiderman, in a statement, called Rakoff's decision "a victory for justice and accountability" that should speed the return of money to individuals, charities and other institutions that lost money with Merkin.

The settlement calls for Merkin to pay $405 million to investors over three years, and $5 million to New York State to cover fees and costs.

Andrew Levander, a partner at the Dechert law firm representing Merkin, said he was pleased with Rakoff's decision.

Madoff, 74, pleaded guilty in March 2009 and is serving a 150-year sentence in a North Carolina federal prison.

'BOMBASTIC' THREATS

The settlement with Schneiderman was announced last June, and remains one of the largest settlements with any individual over activities linked to Madoff and his firm, Bernard L. Madoff Investment Securities LLC.

Schneiderman had accused Merkin of violating state law by "recklessly" feeding $2.4 billion from his investors to Madoff, while falsely claiming he had been actively managing the money.

Merkin was originally sued by Schneiderman's predecessor and current New York governor, Andrew Cuomo, in April 2009, four months after Madoff's Ponzi scheme was uncovered.

Picard sought to block the Merkin settlement last Aug. 1, claiming that it violated federal bankruptcy law and interfered with his own recovery efforts.

That lawsuit also named as defendants Merkin, his firm Gabriel Capital Corp, and receivers for his four private funds that invested with Madoff: Ariel Fund Ltd, Ascot Fund Ltd, Ascot Partners LP and Gabriel Capital LP.

Rakoff, however, said the trustee was "in no way" justified in letting the state case proceed despite claiming a right at the outset to stop it, even while "bombastically threatening" to stop activities by the attorney general and the receivers.

"The prejudice to the defendants here, to the investors in the Merkin funds, and even to the New York (State) Supreme Court that managed (the) case for three years, cannot be overstated," he said.

Bart Schwartz, the receiver for the Ariel and Gabriel funds, said: "This is a just and fair result for the victim investors in Ariel, Gabriel and Ascot."

Daniel Glosband, a partner at Goodwin Procter representing Ascot receiver David Pitofsky, said he was pleased with the decision.

The case is Picard v. Schneiderman et al, U.S. District Court, Southern District of New York, No. 12-06733.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/q6U2eUEbW8c/405-million-Madoff-payoff-Judge-says-victims-advocate-slept-on-his-rights

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Tuesday, April 16, 2013

Early Investment in Families Helps Children Succeed in School

ParentCorps, Developed at NYU Langone, Holds Promise for Addressing Achievement Disparities

Newswise ? An innovative program that supports parents and teachers of public school pre-kindergarten students improves early academic achievement, according to a new study published in the April 15 online edition of Pediatrics. In a five-year study of 1,050 minority pre-kindergarten students from disadvantaged neighborhoods in New York City, NYU Langone researchers found that ParentCorps, a family-focused, school-based program, led to better achievement test scores and overall school performance.

Children from low-income families are ten times as likely as children from middle-class families to drop out of high school, and only half of black and Latino students in U.S. public schools graduate, according to the U.S. Department of Education. The stress and strain of poverty makes the job of parenting even more difficult, and early childhood teachers in disadvantaged areas face significant challenges in creating classrooms that support early learning for all children. The new study found that engaging and supporting parents and early childhood teachers put children on a pathway to success.

?All parents want their children to succeed. Parents are often hopeful and worried as their children start school, so offering ParentCorps at this key transition gives parents support at a time when they are highly motivated to make positive changes at home,? said lead researcher Laurie Miller Brotman, PhD, Prevention Science Professor at the Child Study Center at NYU Langone. ?Implementing ParentCorps as part of universal pre-k in public elementary schools means that all parents have access to the latest evidence on how to promote children?s social, emotional and behavioral development ? the foundation for success in school and life.?

ParentCorps was developed by Dr. Brotman and her colleagues at NYU Langone in 2000 to promote self-regulation and early learning among children in disadvantaged urban neighborhoods. The program includes a series of group sessions for parents and children held at the school during early evening hours, and professional development for early childhood educators. ParentCorps helps schools engage families early on in their children?s education, and supports parents and educators in using scientifically-proven strategies such as how to establish routines and rules, reinforce positive behavior and provide effective consequences for misbehavior.

The study is the second test of the impact of ParentCorps showing positive results on children?s health and development. This study included nearly 90 percent of students enrolled in pre-kindergarten programs over four years in ten public elementary schools in two large New York City school districts with historically low high school graduation rates. Schools were randomized to receive ParentCorps or pre-k and kindergarten education as usual.

Results showed children in schools with ParentCorps had significantly higher kindergarten achievement test scores for reading, writing and math compared to children receiving education as usual, and more positive trajectories of academic performance from pre-kindergarten through kindergarten. In fact, by the fourth year of ParentCorps implementation in schools, the impact on reading achievement was comparable to the size of the achievement gap for poor and minority children, moving the average reader (50th percentile) to above average (69th percentile). Together with previously-reported program effects on obesity and behavior at school, findings indicate that ParentCorps has the potential to meaningfully improve children?s lives.

?ParentCorps is one of a few programs shown to promote positive behavior, learning and health for young children living in underserved communities,? said Dr. Brotman. ?Public investment in programs that address disparities early in life can prevent costly problems later on and help children lead happier, healthier, more productive lives.?

Dr. Brotman and her team are working with local and state leaders to bring ParentCorps to hundreds of elementary schools with pre-kindergarten programs serving low-income children.

Co-authors of the study at NYU Langone include Spring Dawson-McClure, PhD, Esther J. Calzada, PhD, Keng-Yen Huang, PhD, Dimitra Kamboukos, PhD, Joseph J. Palamar, PhD and Eva Petkova, PhD.

Study funding was provided by the U.S. Department of Education, Institute of Education Sciences, grant R305F050245 and by the National Institutes of Health grant R01MH077331.

The Child Study Center at NYU Langone Medical Center is a recognized leader in the treatment of child psychiatric disorders through scientific practice, research, and education. The CSC offers a wide range of mental health services for children, adolescents, young adults and families and our experts specialize in the fields of child, adolescent and adult psychiatry, clinical psychology, neuropsychology, social work, pediatric neurology and education and academic achievement. The center recently moved to its new location at One Park Ave. in Manhattan, and has facilities in New Jersey and on Long Island. For more information, please visit the Child Study Center website or call (212) 263-6622.

About NYU Langone Medical Center
NYU Langone Medical Center, a world-class, patient-centered, integrated, academic medical center, is one of the nation?s premier centers for excellence in clinical care, biomedical research and medical education. Located in the heart of Manhattan, NYU Langone is composed of four hospitals ? Tisch Hospital, its flagship acute care facility; the Hospital for Joint Diseases, one of only five hospitals in the nation dedicated to orthopaedics and rheumatology; Hassenfeld Pediatric Center, a comprehensive pediatric hospital supporting a full array of children?s health services; and the Rusk Institute of Rehabilitation Medicine, the world?s first university-affiliated facility devoted entirely to rehabilitation medicine? plus NYU School of Medicine, which since 1841 has trained thousands of physicians and scientists who have helped to shape the course of medical history. The medical center?s tri-fold mission to serve, teach and discover is achieved 365 days a year through the seamless integration of a culture devoted to excellence in patient care, education and research. For more information, go to www.NYULMC.org.


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Source: http://www.newswise.com/articles/nyu-langone-research-shows-early-investment-in-families-helps-children-succeed-in-school

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Monday, April 15, 2013

Slow-Motion Gun Battle Plays Out in Senate

Lawmakers will stage some slow-going drama this week as the Senate proceeds in its deliberations on gun-control legislation with a series of votes on amendments?many of them likely to usher in their own mini-floor fights, or even filibusters.

At least one vote is slated on a bipartisan proposal to require background checks at gun shows and for Internet sales. Other amendments are in the works on assault weapons, high-capacity magazines, and mental health.

In fact, it seems Congress is finally getting a breather from fiscal issues this week, with the Senate?s bipartisan ?Gang of Eight? expected to unveil its draft immigration-reform bill in preparation for Wednesday?s Judiciary Committee hearing.

But several administration members are scheduled to appear before various committees to talk about President Obama?s fiscal 2014 budget proposal. And with both chambers having already approved their own spending plans for next year, the two Budget committees? chairs, Sen. Patty Murray, D-Wash., and Rep. Paul Ryan, R-Wis., will continue to negotiate how and when to move to a conference committee. Senior aides say they would not rule out?but cannot promise?announcement of a timeline.

Other activities this week will include:

  • House floor action on cybersecurity legislation, including the Cyber Intelligence Sharing and Protection Act sponsored by Intelligence Committee Chairman Mike Rogers, R-Mich.
  • A House Energy and Commerce subcommittee markup on Tuesday of a GOP bill to take away Obama?s authority to make the final decision on the controversial Keystone XL pipeline project, helping to ensure its approval;
  • Capitol Hill appearances by Health and Human Services Secretary Kathleen Sebelius to testify before the Senate Finance Committee on Wednesday and the House Energy and Commerce Health Subcommittee on Thursday about the health portions of Obama?s latest budget (though HHS requests for Affordable Care Act implementation funding may get more attention);
  • And a hearing before the Energy and Commerce Oversight and Investigations Subcommittee on the fungal-meningitis outbreak linked to tainted steroids produced in a Massachusetts compounding pharmacy.
  • Away from the Capitol, the Interior Department is expected to release potentially controversial new federal regulations as soon as this week regarding ?fracking? for oil and gas on public lands.

Internal

Skirmishes

Expect continued fallout on the part of both Republicans and Democrats from the president?s fiscal year 2014 budget proposal.

Some Republicans, such as House Ways and Means Committee Chairman Dave Camp, R-Mich., have called it a step in the right direction with its proposal concerning ?chained CPI.? Yet the GOP still criticizes the president for not going far enough to balance the budget in the next 10 years and for not proposing structural changes to Medicare and Medicaid.

Meanwhile, Democrats continue to balk at the chained-CPI provision, which would change the cost-of-living calculation for government benefits including Social Security and make them less generous. And labor unions and advocacy groups such as AARP are not planning to just sit back and wait for chained CPI to end up in some small-scale hypothetical budget deal.

Now the ongoing budget wars in Washington will also include internal skirmishes among Democrats.

DEFENSE

Analyzing Needs

Mark your calendars: It?s a jam-packed week for the House and Senate Armed Services committees. They will hear from military leaders about the Pentagon?s $526.6 billion budget request for fiscal year 2014, analyzing the needs of all four service branches in a slew of hearings this week.

The House panel will also hear an update on recent developments in Afghanistan as decisions on future troop levels are being made, and the Pentagon?s budget notably left out a firm request for overseas contingency accounts to fund the war until the Obama administration has an update.

The Senate committee Tuesday will also hear about the war effort there from Gen. Joseph Dunford, the Afghan war commander, and more about the budget request as a whole the following day from Defense Secretary Chuck Hagel and Chairman of the Joint Chiefs Martin Dempsey. The two defense leaders will also weigh in on Syria in a second panel that day. Intelligence officials, including Director of National Intelligence James Clapper and Defense Intelligence Agency Director Michael Flynn, will appear before the panel Thursday to testify on the wide range of threats facing the United States, presumably everything from cybersecurity to North Korea to Iran.

ENERGY

Regulating ?Fracking?

House Republicans continue to plug ahead with an energy agenda aimed at making life uncomfortable for Obama. On Wednesday, the House Natural Resources Committee holds a hearing on federal vs. state regulation of oil and gas development, titled ?What State Regulators Are Doing Right.?

On Tuesday, the House Appropriations panel with oversight of the Environmental Protection Agency and Interior Department holds a hearing. It?s expected that those federal entities? regulatory agendas?and their 2014 budget requests?will come under attack. On Thursday, the Senate Energy Committee holds a hearing on the president?s fiscal 2014 request for the Energy Department.

GUNS

Sophisticated Debate

The debate on guns has gotten increasingly more sophisticated as lawmakers respond to public-opinion polls that signify wide support for expanded buyer background checks and better enforcement of gun trafficking.

Sens. Ted Cruz, R-Texas, Rand Paul, R-Ky., and Mike Lee, R-Utah, want to stall the Senate debate, which means much of the week will be devoted to negotiating which amendments get votes on the floor. Other Republicans are crafting their own alternative to the legislation put forth by Senate Majority Leader Harry Reid, D-Nev., which includes universal background checks, increased penalties for gun trafficking, and school-safety grants.

Republicans want to talk about getting data on mental-health cases into the national database of prohibited gun buyers and the lack of prosecutions of people who don?t pass background checks. Democrats want to talk about banning assault weapons and why high-capacity ammunition clips are unnecessary. They also are playing up the gaping regulation loopholes regarding gun shows and Internet gun purchases, hoping that the background-check amendment by Sens. Pat Toomey, R-Pa., and Joe Manchin, D-W.Va., can get more than 60 votes, an almost certain glide path to passage of a robust gun-control bill.

HEALTH CARE

Diagnosing Obama?s Budget

Health and Human Services Secretary Kathleen Sebelius will be back on the Hill to testify before the Senate Finance Committee (Wednesday) and the House Energy and Commerce Health Subcommittee (Thursday) on the health portions of the president?s budget. (She spoke to Ways and Means on Friday.)

The budget outlines a series of Medicare cuts and premium increases that have gotten most of the public attention since the plan?s release. But HHS requests for Affordable Care Act implementation funding may get more attention at the hearings. The department has essentially acknowledged that it is running out of money to roll out the health law and has begun shifting funds from different accounts, including one intended to support public health and prevention. The budget requests more earmarked funds for implementation.

The Energy and Commerce Committee?s Oversight and Investigations Subcommittee hearing on the fungal meningitis outbreak this week comes as the Food and Drug Administration has said it lacks adequate authority to regulate pharmacies like the one responsible for the drug. FDA is seeking new legislative authority. Some members of the committee believe the agency could have done more to prevent the public-health crisis.

IMMIGRATION

Unveiling Draft

The outlines of the bill the Senate ?Gang of Eight? is to unveil will not be a surprise?immediate probationary legalization for the estimated 11 million undocumented immigrants in the United States, more work visas for foreign workers in both high-skilled and low-skilled jobs, mandatory verification of employment authorization, and stepped-up enforcement at the border. Analysts will be parsing the language of the bill to see how much the new programs will cost.

The eight senators say they will oppose amendments designed to kill their compromise package, but they are open to ways in which it can be improved. Some Republicans, such as Sen. Jeff Sessions, R-Ala., say the debate is going too quickly for such a momentous piece of legislation, but those complaints are being largely ignored by Judiciary Committee Chairman Patrick Leahy, D-Vt., and other members of the bipartisan group. ?There will be lots of amendments,? predicted Sen. Chuck Schumer, D-N.Y., who heads the Democrats in the group.

WHITE HOUSE

Mixed Agenda

Sports, guns, and the Middle East are on President Obama?s agenda this week.

Guns are there?even though no specific events are scheduled?because he will continue to lobby Congress to back his gun-violence measures. Sports are there because he will honor two champions: the University of Alabama Crimson Tide on Monday for winning the collegiate football title, and NASCAR driver Brad Keselowski on Tuesday for winning the Sprint Cup Series championship.

On Tuesday, he also will meet at the White House with Prince Mohammed bin Zayed of the United Arab Emirates. On Wednesday, Obama will meet with participants in the Wounded Warrior Project?s seventh annual Soldier Ride, a cycling event to help wounded members of the military.

George E. Condon Jr., Nancy Cook, Coral Davenport, Fawn Johnson, Margot Sanger-Katz, and Sara Sorcher contributed

Source: http://news.yahoo.com/slow-motion-gun-battle-plays-senate-145841748--politics.html

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