ReWalk Robotics to go public

The company behind a revolutionary $69,500 exoskeleton that lets paralyzed patients walk again is planning to go public.

ReWalk Robotics, based in Israel and Marlboro, disclosed plans to raise 
$57.5 million through an initial public offering.

The company develops and sells a robotic exoskeleton that has allowed paralyzed patients, including vets, to walk thanks to an onboard computer and motion sensors. In ReWalk's regulatory filing, the company said its future could depend on being able to successfully go public.

"Without additional capital, from this offering or otherwise, we may run out of cash in the second half of 2014," the filing said. The company also said in the filing it is unclear how the exoskeletons will be viewed by insurance companies.

Still, the market for the exoskeletons is relatively untested. In June, ReWalk was given FDA approval to sell its systems directly to patients to use in their homes, but has not started selling them yet. The exoskeletons are currently used in rehabilitation hospitals.

So far this year, IPOs from medical device companies have not fared well, a trend experts blame
partly on a slow response by insurance companies.

"The recent results for medical device IPOs has been poor, perhaps related to the uncertainty of medical reimbursements," said Kathleen Smith of IPO investment firm Renaissance Capital.

"However, if ReWalk is seen as a unique robotics company, there may be more interest by IPO investors. "

A spokeswoman for ReWalk declined to comment, citing the SEC-mandated quiet period.

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Hybrid Lexus pairs quality, mpg

Can the discerning car buyer demand high quality and high returns on fuel cost? Yes, they can, and the 2014 Lexus 450h delivers both.

The luxury hybrid class has suddenly filled up with many competitive machines, including such fine examples as the Tesla, Cadillac ELR, Infiniti Q 50 Hybrid and three BMW offerings. How do you pick? Even though it's priced at a premium, I'd start with the GS 450h because through and through, no matter what kind of power plant it carries, the Lexus opulence is what one has come to expect from the Japanese maker.

Of course, you could spend thousands less and get the Camry Hybrid but the hallmark of any Lexus, and the reason you buy it, is the luxurious fit and finish
 of the automobile. Just look through the window and you'll see the handsome bamboo wood trim and leather-wrapped steering wheel. Pop open the door and slide into the firm, comfortable perforated heated and cooled leather seats, feel the cabin silence with the thud of the door and take in the ele­gance afforded you.

The luxury refinements continue with an upgraded package that adorns the car with a moonroof, 19-inch alloy wheels, heated steering wheel, LED headlights and a 12.3-inch high-resolution display and navigation. A powerful sound system makes rides a pleasure and the infotainment center responds to either voice commands or by using the mouselike selector. One drawback, and I've encountered this in other models, is the cellphone audio quality is rather poor for a $70,252 car. One other disappointment: Because the battery is mounted behind the rear seats, the trunk cargo area suffers and there's no option to fold the rear seats.

The large LCD displays light up with the Lexus logo on start, and once you slide the car into gear the solid ride and easy proportions of the 450h make maneuvering the four-door, five-passenger sedan easy. Front and back radar and cameras help get you in and out of tight spots and double as safety features when in cruise mode. All the controls are in the right spots, easily accessed and intuitive.

This is a wonderful car to drive and the Lexus Hybrid Drive is a 338 hp 3.5 liter V-6/electric motor combination mated to a electronically controlled variable transmission that makes the car a quiet, smooth cat that glides through the streets but has plenty of pop when you need it. The 450h CVT is configured to perform like the eight-speed tranny that earlier models featured.

Twist the Drive Mode Selector to the newly added­ Sport and the car's gearing and suspension adjust to give you more powerful acceleration and steering command. Paddle shifters complete the sporty mode, if you desire, as does the red hue of the dash lights. The rear wheel drive auto­mobile delivers 29 miles per gallon in the city and 34 mpg on the highway. Run this in pure ECO mode and you can squeeze a couple of extra mpg but the performance suffers.

I like the car's subtle lines and toned-down hourglass front grille assembly. The upgraded package features adaptive LED headlamps.

Based at a MSRP of $59,600, our test car had a number of goodies added in addition to the $5255 luxury package. Blind spot monitoring, heads-up display, one-touch power trunk and parking assist add another $2500 to the price; various processing fees land you at our final price.

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New group helps artists brush up biz skills

A new hub for artists trying to mix their creativity with business savvy is holding its annual Marketplace tomorrow in Somerville.

Jessica Burko, a mixed-media artist, photographer and founder and director of Boston Handmade, is holding the event from 11 a.m. to 4 p.m. tomorrow in Union Square.

"Our group exists to support creative entrepreneurs in their microbusinesses," said Burko, 40, of Roslindale. "When you go to art school, you don't necessarily get any business training. So our group is all about filling that gap."

Boston Handmade also offers workshops on topics such as how to use social media to market your business.

"I really wanted to meet a group of fellow artists and crafts people like that to bounce ideas off of," said Dana Garczewski, an illustrator whose studio, The Patterned Peacock, is in Watertown.

Garczewski, 36, sees events like the Boston Handmade Marketplace as a chance to show people the value of buying goods handmade locally.

"It's an opportunity to get to know the artists in your own backyard," she said, "and experience art and crafts in a very hands-on way."

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E-coupon app ringing it up

For mobile commerce to be successful, consumers — not the merchants — have to be the driving force, and one of the few companies that has figured that out is our own Waltham-based e-Coupons service SavingStar, which is announcing a huge expansion on Monday.

Rather than trying to get consumers to forgo their credit cards or lure them with "game theory," as Square and LevelUp have done, SavingStar is doing something simpler — and maybe even nobler: They've spent the past three years trying to modernize the ol' grocery store coupon.

Launched in 2011, the digital grocery savings service began helping shoppers earn cash back on purchase at stores such as Stop & Shop, Hannaford, Shaw's, CVS, Wegmans, Roche Bros., and Price Chopper. The soon-to-be-announced expansion adds partnerships with Wal-Mart, Target, Kmart, Walgreens, Family Dollar and Dollar General.

Spun from Newton-based marketing corporation 
Upromise, SavingStar is a mobile app for Android and iOS that organizes and provides coupons from leading manufacturers — essentially the digital equivalent of the supermarket circular.

But it's more valuable to merchants than paper coupons because it encourages consumers to use their customer loyalty cards at checkout. And that gives the merchants better data about consumption.

As for consumers, they don't see the discount at the register, but in the form of rewards that accumulate as cash, transferable to Paypal, Amazon gift cards or a bank account.

It's brilliant, really. Nothing generates loyalty like checking your bank statement and seeing that a company has actually deposited money rather than withdrawn it.

In addition to the merchant partner expansion, SavingStar is also adding a new feature, allowing consumers to earn discounts just by taking a picture of their receipt.

SavingStar, which claims 
five million users, has raised 
$27.4 million in venture capital since its founding, including a $9.1 million fourth round last year, according to CrunchBase.

SavingStar is consumer-driven, and I wouldn't be surprised if a company like Amazon scoops them up soon.

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Traditional exterior hides modern home

This stylish new townhouse is one of six similar available units that's bringing a contemporary look to a traditional but highly desirable Somerville neighborhood between Davis and Teele squares.

Each unit at 39-43 Elmwood St. has four levels of living space and features a private outdoor deck carved into its roof. The exteriors of the two buildings are Hardieplank clapboard with white trim with gables as a nod to the existing neighborhood. But the interiors are completely contemporary.

The units feature high-tech components such as iBot smart-home technology, Nest learning thermostats, Sonos music systems and Kohler digital shower valves. Units also come with induction cooktops, Navien tankless water heaters and high-efficiency gas heating and central air-conditioning systems.

In the staged model unit, you enter via a small front porch into a 15-foot high foyer and step up into an open, recessed-lit living/dining area with 13-foot ceilings, oak-stained floors and lots of tall windows with transoms above. In one corner sits a horizontal gas fireplace with a metallic porcelain finished surround. And overhead is built-in surround sound with a Sonos music system that can be operated through a smartphone or iPad.

It's a half flight up to a high-end kitchen, which features custom maple cabinetry including a recipe desk. There are white quartz countertops with glass mosaic backsplash and a quartz island/breakfast bar with contemporary pendant light­ing. High-end Energy­Star appliances include a Sub Zero refrigerator, a Bosch dishwasher and wall ovens and a Bosch electric induction cooktop. Off the kitchen is a half-bath.

The second floor features two bedrooms, two full bathrooms and a closet with a washer/dryer hookup. The oak-floored master bedroom has a walk-in closet with built-in wardrobe system. The en-suite porcelain-tiled bathroom has a walk-in shower with a stylish rolling glass door and a Kohler DTV digital shower valve.

The second bedroom is a bit on the small side, but there is a second full porcelain bathroom with a white subway tile surround for a tub/shower.

The third floor features a third bedroom, a flex space that could also be a home office, study or gym. It opens out onto a private deck cut into the roof of the building.

The lower level features direct access to a one-car garage and a half flight farther down to a carpeted space, ideal for a family room, with an adjacent half bathroom.

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Casino hopefuls launch effort to fight repeal of gaming law

High-rolling casino developers, intent on protecting their Bay State investments, are planning to throw their weight behind a new political committee aimed at fighting the anti-casino ballot question, adding to the potential for a fundraising arms race toward the November vote.

"We are definitely part of trying to send a message of all the positive the legislation brings and we'll be active in that. I'm sure we'll be active and involved in strategy," said Mitchell Etess, chief executive officer of Mohegan Sun, which with Penn National Gaming and MGM Resorts, will help fund and support the newly created Committee to Preserve Jobs Associated with Casino Gaming Law, according to people with knowledge of its efforts.

"We'll obviously form a budget and there will be a campaign. As far as the extent of the budget ... we want to get a positive message out there and it's whatever it takes for that," Etess said.

Penn National won the right to build a slots parlor in Plainville, and MGM won the Springfield casino license. Mohegan Sun, which wants to build a casino in Revere, is competing with Wynn Resorts' Everett proposal for the sole Boston area license. A Wynn spokesman could not be reached yesterday.

"We look forward to a statewide education campaign to share with Massachusetts voters the benefits of the proposed resort casinos including more than 10,000 good-paying construction and permanent jobs with benefits and hundreds of millions in revenue annually to our cities and town," read a statement released by attorney Thomas R. Kiley, the committee's chairman.

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Uber secretive about Hub details

Uber, the private car service app taking Boston by storm, is so shrouded in secrecy that company officials won't answer basic questions such as how many complaints were made against drivers, how many have been fired for misconduct — or even how many are working in town.

The young tech company's spokesman, Taylor Bennett, even refused to answer how many trips Boston riders have taken with Uber, and instead emailed marketing copy on the benefits of the service.

"While that is proprietary, we've done hundreds of thousands of trips since launching back in 2011," Bennett said in an email. "Overall, we've received overwhelming support from both riders and drivers since our launch."

According to Bennett, the number of Uber rider complaints is also kept secret, including gripes about surge pricing, a controversial feature that temporarily hikes fares during peak ridership.

Bennett declined repeated requests for an interview with Uber leadership and insisted the Herald send all questions via email. He did not respond to several follow-up questions yesterday, including whether the company plans to increase transparency.

The red-hot tech startup last month raised 
$1.2 billion in venture capital funding that had investors estimating the worth of the smartphone app transportation service at a whopping $17 billion.

The cash infusion was reportedly led by Fidelity Investments and other backers including Wellington Management, Summit Partners, BlackRock Inc., venture capital firm Kleiner Perkins Caufield & Byers, and existing investors such as Google Ventures and Menlo Ventures.

Uber has also come under fire from cab companies beefing that the service is unregulated. A local class-action lawsuit filed last month alleges the company classifies certain drivers as independent contractors, illegally forcing them to pay for gas, insurance and other expenses.

The app service boasts of a "two-way street" feedback feature that allows drivers and passengers to evaluate one another on a five-star rating system after each ride. While riders can see a driver's rating, riders can't see how drivers rate them unless they email customer service.

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GFC builds striking, sustainable condos

It's not easy to get contemporary architecture built in the area's traditional neighborhoods of two- and three-family houses.

But one local development company has created a niche by hiring architects to create housing to attract design-conscious buyers. For Charles Aggouras and Daniel DiPierro of GFC Development, progressive design along with a focus on sustainability differentiates their condos from others on the market.

"We've developed a successful niche by appealing to buyers who want a contemporary look with stylish details and high-efficiency green systems," said GFC president Aggouras.

Aggouras thinks contemporary design is "cool," and he sees it going hand-in-hand with sustainable development.

Aggouras said designing green does more than just save energy: "You build with better windows, insulation, roofing, and in the end create a better product." At 57 Endicott Ave., just off Teele Square in Somerville, GFC built a contemporary-style three-unit eco-friendly building whose exterior was clad with red corrugated steel in a neighborhood of two-family wood homes.

"The neighbors were aghast, but the project sold out very quickly," said architect Jim Zagewitz of MZO Group, who has designed a number of GFC's developments. "A lot of this is driven by millen­nials looking for something different, and there's also a lot of buyers from overseas who feel more comfortable with contemporary design than our traditional gables."

Aggouras' belief in sustainability led him to do a zero net energy house, one that produces more energy than it uses, on city-owned land at 64 Catherine St. on the Jamaica Plain/­Roslindale line. The two-unit project, part of Boston's E+ demonstration program, had to have optimal south-facing roofs for solar photo­voltaic panels, making for a nontraditional shape.

GFC's 15-unit Maxwell's Green townhouse condos near Magoun Square and the five units at 6-8 Beacon St. in Somerville had contemporary design and sold quickly at high prices. They are designed with what's become GFC's signature look, an exterior that combines corrugated metal, cedar, Hardieplank and architectural stone block with very tall windows.

The three/four level interiors have high ceilings, staircases with glass railings, flex rooms for third bedrooms, private balconies and attached one-car garages on the bottom floor. And they include home auto­mation, music systems, Euro-style appliances and fixtures and tankless water heaters — along with such touches as showers with linear drains.

"When we come to the neighborhoods with our designs, they aren't drawn on a cocktail napkin," Aggouras said. "A lot of thought goes into the design of each one. It's a lot more work and takes more time. But we do it because we want to be proud of what we do."

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Shares of Sarepta dive on DMD drug data

Shares of Sarepta Therapeutics plunged by as much as 28 percent yesterday after the Cambridge company released data showing that patients taking its drug for Duchenne muscular dystrophy showed a progression of the muscle-wasting disease after nearly three years of use.

CEO Chris Garabedian said he still expects the Food and Drug Administration to approve eteplirsen next year based on the results, which showed a decline in walking ability at a rate slower than would be expected in DMD patients. Kimberly Lee, an analyst with Janney Montgomery Scott, said it would be difficult for eteplirsen to get accelerated approval because only six patients in the trial were on the drug.

The precipitous drop in the company's stock is not surprising, Lee said, because investors were expecting to see a stabilization of the disease.

"Instead, the disease is progressing," she said.

But Jenn McNary of Pembroke, whose son, Max, 12, was included in the trial and whose son, Austin, 15, was not, said she has seen firsthand the difference eteplirsen can make. Max can still walk and feed himself, she said, whereas Austin has lost the ability to lift a glass to his mouth and to move himself from his bed to his wheelchair.

"This drug was not meant to stop the disease's progression," McNary said. "What it was meant to do was to turn this serious form of muscular dystrophy into a milder form."

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FairPoint unions begin strike vote meetings Friday

SOUTH BURLINGTON, Vt. — Nearly 2,000 union employees of telecommunications firm FairPoint in northern New England are set to begin voting on whether to authorize a strike.

A meeting about the strike authorization vote is scheduled for Friday in South Burlington, Vermont. More meetings are set for Saturday in Bangor, Maine and Sunday in Portland, Maine and Manchester, New Hampshire.

The workers' contracts expire Aug. 2. International Brotherhood of Electrical Workers System Council T-9 and Communications Workers of America Local 1400 began negotiating April 25.

The vote is required in advance of a work stoppage, but doesn't require the union members to strike. Union leadership could make that decision later.

The company says service to customers will continue if there is a strike. Company officials say their offers to the union have been fair.

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US unemployment aid applications fall to 304,000

WASHINGTON — Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.

Weekly applications for unemployment aid dropped 11,000 to a seasonally adjusted 304,000, the Labor Department said Thursday. That's not far from a reading of 298,000 two months ago, which was the lowest since 2007, before the Great Recession began.

The four-week average, a less volatile measure, dipped 3,500 to 311,500, the second-lowest level since August 2007. Applications are a proxy for layoffs, so the low readings indicate that employers are letting go of fewer workers.

The figures are the latest sign that the job market is steadily improving. Employers are adding jobs at a healthy clip and the unemployment rate is at a 5 1/2-year low.

"The ... data remain extremely encouraging," said Jim O'Sullivan, chief U.S. economist at High Frequency Economics. The four-week average is down from last year's average of 343,000, he noted.

Still, some economists warned that the figures could be volatile in the weeks ahead. That's because auto manufacturers typically close their plants in July to prepare for new models to be released in the fall. That can cause spikes in temporary layoffs.

The number of people receiving benefits ticked up 10,000 to 2.58 million. That's down from about 4.5 million a year ago. Much of that decline has occurred because an extended benefits program expired at the end of last year.

A separate government report Tuesday showed that total layoffs in May fell below 1.6 million, lower than even pre-recession levels. And more workers are quitting their jobs, the report found, which can be a sign of confidence, since most workers quit when they have new positions or are confident they can find one.

In addition, the number of open jobs jumped to the highest level in seven years, a sign that companies could step up hiring in the months ahead.

Employers, meanwhile, added 288,000 jobs in June, the fifth straight month of job gains above 200,000. That's the first such stretch since 1999. The unemployment rate fell to 6.1 percent, the lowest since September 2008.

However, the steady hiring gains have yet to spur big increases in wages, which have barely kept pace with inflation since the end of the recession five years ago.

But more people with jobs means more paychecks, which could boost consumer spending and growth. After a sharp contraction in the economy in the first three months of the year, most economists expect growth to return in the April-June quarter and top 3 percent at an annual pace in the second half of 2014.

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Current BRA leader says Red Sox deal bad for taxpayers

The Boston Redevelopment Authority initially offered the Red Sox a "temporary" 10-year deal worth $10 million for game-day concession rights of Yawkey Way, but ultimately caved to the team's demands for permanent rights to the street for all Fenway events at half the price, newly released documents show.

When pressed by the Herald yesterday to explain why the BRA did an about face, the agency released a statement from its acting director, Brian Golden, acknowledging it was a bad deal for Boston taxpayers — but one that its present leadership had no part orchestrating.

"The BRA's current senior staff would not recommend the deal that was approved and executed in 2013. The agreement should not have been permanent. It should have provided the public with a share of the revenue generated on Yawkey Way. There also should have been ample opportunity for public comment and scrutiny of the proposed deal," Golden said.

Golden, a former state rep who was secretary of the BRA when the deal was approved by the BRA board Sept. 26, said neither he nor the BRA's staff lawyers were involved in the transaction. The deal, now under investigation by the state inspector general, gave the Sox exclusive rights — in perpetuity — for Yawkey Way and Lansdowne Street air rights for $7.34 million. The value of Yawkey Way was calculated at $4.8 million.

"The deal was negotiated by two individuals that no longer work for the agency, and current staff members are not in a position to explain why the proposed terms changed over time," BRA spokesman Nick Martin said, referring to former BRA chief Peter Meade and his chief of staff and special counsel Jim Tierney.

Neither Meade nor Tierney returned messages last night.

According to a Dec. 7, 2012, BRA report titled "Proposed Term Sheet," the BRA was initially looking to replicate the length of a previous 10-year deal it had with the Sox for Yawkey Way that was set to expire after the 2013 baseball season.

"BRA shall grant to the Red Sox a ten (10) year temporary 'game day' easement, with one (1) ten (10) year option," stated the document, later marked "confidential" by BRA lawyers, but released to the Herald under a public records request. "Red Sox shall pay One Million Dollars per year, increased by 1 percent per year."

The Red Sox, according to the document, countered by demanding the BRA grant the team permanent use of Yawkey Way for 10 hours during all "Fenway events," including baseball games and concerts, totaling 120 dates per year, for a total price of $5 million.

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Aereo tries a new legal approach in effort to survive Supreme Court defeat

Following its loss at the Supreme Court last month, Aereo is pursuing a new legal strategy in an effort to keep its broadcast streaming business alive.

In a letter to U.S. District Judge Alison Nathan on Wednesday, Aereo's legal team is claiming that it is eligible for the same statutory license that cable companies pay in providing broadcast transmissions to their subscribers.

Aereo cites the Supreme Court majority opinion, which was rooted in the idea that because Aereo was "substantially similar to" a cable system, it fell under provisions of the 1976 Copyright Act that target such multichannel distributors.

"The Supreme Court's holding that Aereo is a cable system under the Copyright Act is significant because, as a cable system, Aereo is now entitled to the benefits of the copyright statutory license pursuant to the Copyright Act," the company's lawyers said in their letter to Nathan. "Aereo is proceeding to file the necessary statements of account and royalty fees."

Broadcasters, however, object to Aereo's shift in strategy, noting that Aereo previously said that it did not fall under the definition of a cable company. The issue came up during oral arguments before the Supreme Court, but Aereo's attorney David Frederick said it was an equipment provider, not a cable service.

"Whatever Aereo may say about its rationale for raising it now, it is astonishing for Aereo to contend the Supreme Court's decision automatically transformed Aereo into a cable system under Section 111 given its prior statements to this court and the Supreme Court," broadcasters' lawyers wrote.

But Aereo said that it was taking the approach because the Supreme Court "has announced a new and different rule governing Aereo's operations last week."

Other broadcast streaming services have pursued such an approach, but have lost in court. In 2010, ivi Inc. claimed that it should be eligible for a statutory license because it was functioning like a cable company, but the 2nd Circuit Court of Appeals rejected that approach. The company ceased operations.

Aereo contends that the Supreme Court's decision essentially overturned the 2nd Circuit's ivi decision. That would have tremendous implications for all sorts of over-the-top services, but broadcasters are likely to argue that the Supreme Court's ruling was limited in scope.

Aereo also suggests that if Nathan rejects their effort to qualify for a statutory license, their would seek to limit any injunction to the simultaneous or near-simultaneous streaming of broadcast signals. "The Supreme Court did nothing to prohibit -- and indeed reaffirms the vitality of -- non-simultaneous playback from copies created by consumers," Aereo's lawyers wrote.

Several days after the court ruling, Aereo announced that it was pausing its operations. The company's founder, Chet Kanojia, sent a message to its users on Wednesday that linked to the letter and was headlined, "Our Path Forward."

"From the beginning, it has been our mission to build a lawful technology that would provide consumers with more choice and alternatives in how they watch television," he wrote. "We believed that providing an innovative cloud-based individual antenna would provide consumers with a convenient way to use an antenna to watch the live, free-to-air signals broadcast over public spectrum that belongs to them."

(C) 2014 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC

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City, Haystack at odds on sale of parking spots

The upcoming Boston launch of a mobile app that helps drivers sell their city-owned street parking spaces­ already is running afoul of the city.

Baltimore's Haystack Mobile Technologies bills its free app as empowering neighbors to exchange parking spots in real time and save emissions. But publicly owned parking spaces can't be privately sold, a spokeswoman for Mayor Martin J. Walsh said.

"We encourage innovation, particularly relative to addressing our transportation challenges," said Walsh spokeswoman Kate Norton, who said the city is in active discussions with potential partners to help people pay for parking and tickets through apps.

"Services like Haystack, however, artificially inflate the cost of parking and allow individuals to profit from public space," she said. "Neither of these activities are in line with the city's effort to keep parking as open and publicly accessible as possible. These spaces are publicly owned and cannot be privately sold."

A spokeswoman for Haystack, which is having a Hub launch party Tuesday, said the founder was not available for comment.

It's unclear if Haystack — which takes a cut of parking space sales — will dictate set prices for Boston parking spaces. In Baltimore, where it debuted in May, app users can sell their spaces for the market rate of $3 — with 75 cents of that pocketed by Haystack, according to published reports.

Users of the GPS-enabled app can offer their free or metered street spot, and those seeking parking can see how close those spots are. Both sides can communicate via an in-app chat feature, and the sellers can track the buyer's movement and estimated arrival time. After a user confirms a successful spot swap, the fee is paid automatically from his or her Haystack account or on-file credit card

The app also has a "make-me-move" feature for those willing to leave a spot for the "right price," which they can set.

City attorneys likely will be poring through regulations and laws to determine Haystack's legality.

Attorney Brian Gaff of McDermott Will & Emery said, "It's a new way of dealing with something that people really haven't got their heads wrapped around. If there's not a regulation prohibiting it ... it would seem to maximize the use of metered spaces, which should benefit the city by increasing its revenue."

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Sun Valley: Barry Diller goes biking, Rupert Murdoch makes it a family affair

Summer camp for billionaires is back in session as media and technology barons were out in force at the Allen & Co. conference in Sun Valley, Idaho, on Wednesday.

UTA chairman Jim Berkus and IAC/InterActiveCorp chairman Barry Diller biked through the resort's mall area despite signs asking guests to stick to walking, not wheels.

Google executive chairman Eric Schmidt and Resolution founder Jeff Berg chatted amiably while leaving one of the morning sessions.

Wences Casares, CEO of Bitcoin startup Xapo, searched for a bar or restaurant in which to watch the World Cup match between his native Argentina and the Netherlands.

Twenty-first Century Fox chairman Rupert Murdoch made it a family affair, walking into the conference flanked by sons Lachlan and James.

And Discovery CEO David Zaslav and his wife, Pam, walked hand in hand past the media cadre, while former New York City Mayor Michael Bloomberg made a sort of swatting gesture at the assembled press.

Other guests glimpsed in and around the exclusive confab were Walt Disney Co. chairman Bob Iger, Amazon CEO Jeff Bezos, ESPN president John Skipper, the Weinstein Co. co-chairman Harvey Weinstein, Facebook CEO Mark Zuckerberg and Apple CEO Tim Cook.

Not seen: drones, despite a Bloomberg report that the event's security team were looking to the skies in the off-chance any unmanned crafts appeared to photograph or imperil guests.

The outfits screamed vacation. Venture capitalist Peter Thiel sported a crisp white polo shirt, Imagine Entertainment co-founder Brian Grazer showcased camouflage shorts and NBCUniversal vice chairman Ron Meyer expressed his institutional pride with a black "Fast 5" T-shirt, in what appeared to be Portuguese.

It can take work to appear so casual. Alice + Olivia CEO and creative director Stacey Bendet Eisner, resplendent in a silver dress, confessed she changed into three outfits a day, crediting her husband, Eric Eisner, a film producer and son of former Disney chief Eisner, with carrying all her luggage.

Guests listened to presentations by basketball great Phil Jackson and Google's Larry Page, but the main event will take place on Friday when Secretary of State John Kerry is slated to take the stage.

Part of the appeal of the conference is that it unfolds behind closed doors or, in this case, massive hedges, away from the prying eyes of the press. Reporters, with the exception of the New Yorker's Ken Auletta and Charlie Rose, are prevented from attending the discussions or crossing hastily assembled barriers. That gives the moguls' entrances and exits into the conference events the feeling of an informal red carpet, one that features shorts and T-shirts instead of haute couture.

(C) 2014 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC

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Al Jazeera America chief: 'We will get there in this country'

Nearly a year after the launch, Al Jazeera America president Kate O'Brian is still dealing with the same question: How are you going to get over the inherent distrust among many Americans when they see the Al Jazeera moniker?

In the cabler's first Television Critics Assn. session, O'Brian emphasized that the channel is focused on delivering solid, objective journalism with a focus on how major news events, social issues and cultural changes impact everyday people. She noted that the Al Jazeera brand has gained respect in the U.K., Europe and other territories.

"We will get there in this country," O'Brian told journos Tuesday at the Beverly Hilton. "We will get there by doing what we well do every single day. It will come in time. I firmly believe it will come in time."

AJA is seen as a linchpin of the parent org's goal of building a global news org to rival the BBC or CNN in reach and respect. Al Jazeera is funded through the state of Qatar. AJA has so far delivered miniscule ratings, which undoubtedly means there's no significant advertising revenue to offset considerable startup costs. AJA has hundreds of journos and staffers based in New York and 12 bureaus around the U.S.

Tony Harris, the CNN alum who anchors one of the AJA's prime newscasts, joked that he will "robo-call" people to get the word out about the channel's programming. AJA is currently on track to be in about 50 million households after a recent distribution deal with AT&T's U-Verse service.

O'Brian and others said they have been surprised at how quickly the channel gained recognition in journalism circles. AJA landed a Peabody earlier this year, among other kudos. Alex Gibney is among the high-profile documentary filmmakers working on original projects for the channel.

"We all walked in with eyes open that we had brand challenges here," said Shannon High, an NBC News and CNN alum who is AJA's senior VP of programs and documentaries. "We've been much faster than I thought in overcoming them."

The AJA team also stressed the importance of pressing other journalism orgs to continue covering the story of the three reporters for its sibling outlet, Al Jazeera English, who were sentenced to prison in Egypt this year. AJA has a running clock on air noting the number of days the trio has been incarcerated.

"We are doing our level best to keep this story in front of the viewer," O'Brian said.

(C) 2014 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC

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Newspaper says sorry after Clooney slams story

LONDON — Britain's Daily Mail newspaper apologized to George Clooney on Wednesday for alleging his fiancee's mother opposed the marriage on religious grounds — a story Clooney called both wrong and irresponsible.

Clooney is engaged to Beirut-born London lawyer Amal Alamuddin, whose father Ramzi belongs to a prominent Druse family. The Druse are adherents of a monotheistic religion based mainly in Lebanon, Syria and Israel.

Citing unnamed family "friends," the newspaper's MailOnline website reported this week that her mother, Baria Alamuddin, wanted her 36-year-old daughter to marry a Druse man. It said Amal Alamuddin risked being "cast out of the community" if she wed Clooney, and claimed several women had been murdered for not abiding by strict Druse rules.

Clooney called the story "completely fabricated."

In a statement issued to USA Today, he said Baria Alamuddin — a well-known journalist — was not Druse and "is in no way against the marriage."

Clooney, 53, added that "to exploit religious differences where none exist is at the very least negligent and more appropriately dangerous."

"We have family members all over the world, and the idea that someone would inflame any part of that world for the sole reason of selling papers should be criminal," he said, accusing the newspaper of "inciting violence."

The newspaper said Wednesday that the story had been "supplied in good faith by a reputable and trusted freelance journalist."

"We accept Mr. Clooney's assurance that the story is inaccurate and we apologize to him, Miss Amal Alamuddin and her mother, Baria, for any distress caused," it said in a statement.

The Mail said it had removed the article from the website "and will be contacting Mr. Clooney's representatives to discuss giving him the opportunity to set the record straight."

The Druse are a close-knit community and rarely marry outside their sect. But some Druse have welcomed Clooney.

Walid Jumblatt, political leader of the sect in Lebanon, told The Associated Press recently that he hoped the couple would soon visit the Druse heartland.

Clooney will bring us "great publicity," Jumblatt said. "He can make a movie about the Druse sect."

___

Associated Press writer Zeina Karam in Beirut contributed to this report.

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World stocks stumble as gains reassessed

TOKYO — Asian stocks fell for a third day Wednesday and European markets traded tepidly as caution spread ahead of corporate earnings and after record highs on Wall Street.

The just-started U.S. earnings season as well China's second quarter GDP figures, due next week, will help investors determine whether the recent run up in stock valuations has been justified. The Dow Jones industrial average last week topped 17,000 for the first time in its 118-year history.

"Investors globally have become a bit more cautious," said IG strategist Ryan Huang in a market commentary.

European markets were muted in early trading. The FTSE100 in Britain lost 0.3 percent to 6,717.02 while France's CAC-40 was little changed, edging up 0.1 percent to 4,345.37. Germany's DAX gained nearly 0.1 percent to 9,779.13.

In Asia, Japan's Nikkei 225 recouped some of its losses from earlier in the day to close down 0.1 percent at 15,302.65. Hong Kong's Hang Seng shed 1.6 percent to 23,176.07.

Seoul's Kospi dropped 0.3 percent to 2,000.50 and China's Shanghai Composite fell 1.2 percent to 2,038.61. Markets in Australia and Southeast Asia also fell.

"Investors headed for the exits on negative overseas leads," said Michael McCarthy, chief market strategist at CMC Markets in Sydney.

"In a glass half-empty trading environment, investors ignored higher iron ore prices, benign China inflation and a strong start to the US reporting season by Alcoa."

The U.S. earnings season got started after the closing bell Tuesday when aluminum maker Alcoa reported results that were better than investors expected. Wells Fargo, the No. 1 home mortgage lender in the U.S., reports on Friday.

The immediate attention of markets is likely to be on the release of minutes later Wednesday from the U.S. Federal Reserve's last policy meeting.

CMC Markets said in a commentary that the minutes are likely to sound more "dovish" than current economic conditions warrant since the Fed's last meeting was before June's strong jobs numbers were released.

In energy markets, benchmark U.S. crude for August delivery was down 5 cents at $103.35 a barrel at 0805 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 13 cents to close at $103.40 on Tuesday.

In currencies, the euro rose slightly to $1.3615 from $1.3612 late Tuesday. The dollar rose to 101.66 yen from 101.52 yen.

___

Follow Yuri Kageyama on Twitter at twitter.com/yurikageyama

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StarWars.com relaunches as Disney grows 'Star Wars' franchise

Disney has relaunched StarWars.com as the company anticipates interest in all things "Star Wars" since greenlighting new movies and TV shows and pursuing new merchandising and licensing opportunities.

Disney Interactive said the site is "designed for the next generation of 'Star Wars' fans," and it's meant to be the "first source" for the next films, TV shows and videogames related to the sci-fi franchise.

That includes breaking news -- something for which Lucasfilm already had been using StarWars.com when announcing official director hires or castings on the films.

New site, designed to work on all platforms, also includes features and videos, including a behind the scenes look of the making of Chopper, a droid featured in the upcoming animated series "Star Wars: Rebels," as well as a databank of "Star Wars" characters, creatures, locations, droids, devices and trivia.

Additional special features and experiences can be unlocked with a Disney ID, given that StarWars.com is part of the Disney network.

Naturally, "Star Wars" also has destinations on Facebook, Tumblr, Twitter, Instagram, Google+ and YouTube.

(C) 2014 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC

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World Cup: Germany-Brazil match scores Twitter records for sports chatter

Germany's 7-1 trouncing of host country Brazil in the 2014 FIFA World Cup semifinals Tuesday registered as the most-discussed sporting game ever on Twitter, with 35.6 million tweets posted worldwide during the match.

The blowout also set a Twitter record for posts per second, as Deutschland's fifth goal in the 29th minute produced 580,166 tweets per minute.

By comparison, this year's Super Bowl XLVIII registered 24.9 million tweets during the Seattle Seahawks' blowout of the Denver Broncos, slightly above 24.1 million for the 2013 Super Bowl. The 2014 game had a peak of 381,605 tweets per minute, after Seattle's Percy Harvin returned the second-half opening kickoff for a touchdown.

According to Twitter, the two weeks 2014 World Cup group play registered more than 300 million tweets over a 15-day period -- double the 150 million tweets about the 2012 Summer Olympics in London over 16 days. Prior to the Germany-Brazil match, the most-tweeted games of the tourney had been June 28 s Brazil-Chile meeting in the round of 16 with 16.4 million posts and the June 12 Brazil-Croatia opening match with 12.2 million.

Twitter chatter about the Germany-Brazil match included quips and reaction from athletes and celebs:

•      Germany=Surgeons on the pitch #respect #WorldCup #greatness -- Kobe Bryant (@kobebryant)
•      Taped the match, but I'm sure Brazil's got this. #sports #BrazilvsGermany --  Zach Braff (@zachbraff)
•      Can you believe this...I cant . 1...2...3.....4....5....6.....7... http://t.co/sacRPiQG41 -- Heidi Klum (@heidiklum)
•      GERMANY WRITING WORLD CUP HISTORY TODAY !!! HUGE HUGE COMPLIMENT !!! SO PROUD OF THEM !! --  Jurgen Klinsmann (@J_Klinsmann)
•      Do you think #BRA is missing Neymar today???? Wow! #GER is surgical with their execution both offensively and defensively. #worldcup -- Larry Fitzgerald (@LarryFitzgerald)
•      Is this a real game? I feel like I'm watching my nephew play FIFA #worldCup against my mom on play station. -- Lolo Jones (@lolojones)

(C) 2014 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC

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Cupcake shop Crumbs shuttering all its stores

NEW YORK — Crumbs says it is shuttering all its stores, a week after the struggling cupcake shop operator was delisted from the Nasdaq.

The New York City-based company said all employees were notified of the closures Monday. A representative for Crumbs could not immediately say how many workers were affected or how many stores it had remaining on its last day.

"Regrettably Crumbs has been forced to cease operations and is immediately attending to the dislocation of its employees while it evaluates its limited remaining options," the company said in an emailed statement. That will include filing for Chapter 7 bankruptcy liquidation.

A press release from its website in March listed 65 locations in 12 states and Washington, D.C. The website had not been updated with notification of the closures late Monday.

Crumbs was founded in 2003 and went public in 2011, selling giant cupcakes in flavors including Cookie Dough and Girl Scouts Thin Mints. More recently, however, it had been suffering from a steep decline in sales. For the three months ending March 31, Crumbs Bake Shop Inc. reported a loss of $3.8 million, steeper than the loss of $2 million from the same period a year ago.

The company had warned in a filing with the Securities and Exchange Commission this past May that it "may be forced to curtail or cease its activities" if its operations didn't generate enough cash flow.

As of the end of last year, Crumbs listed about 165 full-time employees and about 655 part-time hourly employees working in its stores.

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ABC News rules ratings in key demo during second quarter

ABC News is making key personnel changes at a time of ratings strength, with the division enjoying success across various dayparts this spring.In the recently completed second quarter, the division could claim several No. 1 demo finishes, including the ayem with "Good Morning America" and the evening with "World News."

"Good Morning America" has now been on top of the morning news race for two years, racking up its eighth consecutive quarterly victory in total viewers (5.542 million) and its seven straight in adults 25-54 (2.085 million), according to Nielsen numbers for the March 31-June 29 ratings period. The ABC program beat runner-up "Today" on NBC by 16% in total viewers (4.761 million) and by 10% in adults 25-54 (1.899 million).

This marks the first back-to-back second-quarter ratings victories for "GMA" since 1994 in total viewers, and since 1993 in adults 25-54.

"World News With Diane Sawyer" is going out on top in the key news demo, according to Nielsen "most current" estimates, edging out NBC's "Nightly News With Brian Williams" in adults 25-54 (1.98 million vs. 1.82 million) for the newscast's first victory during any quarter in more than six years (Q1 2008).

Note that while ABC was claiming victory in the demo, so too was NBC. The Peacock uses "Live + Same Day" and not "Live + 7" data, and by the same-day viewership metric, the two newscasts were tied in adults 25-54 rating, with "Nightly News" ahead slightly in actuals (1.951 million to 1.942 million for "World News").

In total viewers, "World News" still trailed NBC's "Nightly News" by 682,000 in "most current," but this marked the ABC program's closest second-quarter finish in four years. In Live + Same-Day, the NBC advantage was 759,000.

ABC News made news of its own a couple of weeks ago when it announced that Sawyer would be ankling her position as anchor of "World News Tonight" to assume a new role centered around specials and big interviews. David Muir is taking over the anchor desk on the evening newscast in addition to his role as co-host of "20/20," and "GMA" co-anchor George Stephanopoulos is adding to its busy slate by being tapped Chief Anchor of ABC News.

Sunday morning public affairs program "This Week with George Stephanopoulos" won its daypart in adults 25-54 -- the first demo win during any quarter for "This Week" in nearly 17 years. Its 826,000 adults 25-54 topped CBS' "Face the Nation" (781,000) by 6% and NBC's "Meet the Press" (687,000) by 20%.

In total viewers, "This Week" (2.786 million) ran a close second to "Face the Nation" (2.874 million), with "Meet the Press" third (2.365 million).

Also for ABC News, "20/20" was primetime's No. 1 newsmagazine during the quarter in adults 25-54, and "Nightline" was the most-watched program starting at 12:35 a.m. for the first time since moving to the timeslot early in 2013. "Nightline's" 1.693 million was ABC's largest audience in the time period during a second quarter since 2002.

(C) 2014 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC

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You resume should show what you know

A mid-level manager with hiring responsibilities at a Kansas City company called me in frustration. "Luke" had just read 84 resumes and was disappointed.

He doesn't have official public relations duties, so he asked that his name and company not be revealed. But his complaints are valid and common.

There were two big problems with Luke's pile of applications. The first: Many applicants clearly weren't qualified for the job.

"It was apparent they were just pushing buttons, and they were wasting their time and mine," Luke said.

The second problem was with the applicants who may have been qualified. But Luke said he simply couldn't tell.

"They say they have the abilities or the experience for the job, but nothing specifically listed on their resumes backs that up," he said. "Their reported work history doesn't make it apparent."

Job hunters sometimes forget that everyone won't understand industry or job jargon or abbreviations. They forget that not everyone uses the same job titles to describe work or responsibility levels. It's imperative that job hunters describe exactly what they did.

And, sometimes, the job hunter should explain how former experience and skills are transferrable to the job at hand. Don't count on the hirer to figure it out.

Luke said job hunters who are making career changes need to be especially careful to show why they're qualified if their work history doesn't indicate relevant experience. Perhaps they've gone back to school while working and obtained new professional training or certifications that are applicable. Tell about it.

Happily, Luke said that when he pursues background checks on possible candidates he's not finding outright lies. That's a good thing if it marks a truthfulness trend. Maybe serious job hunters now know they'll be investigated by serious hirers.

———

©2014 The Kansas City Star (Kansas City, Mo.)

Visit The Kansas City Star (Kansas City, Mo.) at www.kansascity.com

Distributed by MCT Information Services

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Liz Reyer: Working with a workaholic

QUESTION: I have a co-worker who is a self-described workaholic. He works on weekends and seems to expect me to, as well. I work hard but very much value my work-life balance. How can I manage this situation so that our close working relationship remains positive?

ANSWER: Be clear and consistent about your boundaries — including when and for what you'll be flexible.

THE INNER GAME: There is a lot of pressure in the typical workplace to give more these days … more time, more energy, more dedication. But as an employee, you do not have an infinite well to tap. Bravo to you for realizing that balance is important.

Take a moment to remind yourself of the reasons that you value work-life balance. Close your eyes, take some deep breaths and experience the positive feeling that you get when you recharge.

Now, while those feelings are fresh, make a list of the business reasons that this is valuable. "When I am in balance, I …" Am more productive? Make smarter decisions? Am I a better team player? If you're like most people, there is immense value in bringing your most energized self to the workplace. Don't let this be downplayed.

About your boundaries: Are you clear in your own mind about what is OK and what pushes you too far? For example, is there a time of day that you simply must be done working? If it varies, can you articulate that so that your colleague can have a fair chance of knowing when he is overstepping? Or perhaps it isn't a time of day as much as a process for asking. Whatever your boundaries are, it's your responsibility to be crystal clear about them to yourself and others.

Finally, look at your point of view in light of your overall organizational culture, considering whether leadership will have your back on this, or whether there is a 24/7 expectation that the workaholic is embodying.

THE OUTER GAME: Sit down and talk with your colleague. Since you're in a positive mode with him so far, it should be easy to have a tone that builds on the positives. Consider chatting over coffee or lunch so that it feels more informal.

Before you meet, develop a single clear message to share. It may be something like, "I like working with you, and it'll be even better if we agree that I won't always be checking e-mail on weekends." Have examples to share that were challenging for you. Most people aren't jerks, so assuming that he's not, enter into a joint problem-solving mode to develop mutually satisfying solutions.

Also make it clear where and how you'll be flexible so that he doesn't feel locked in. That would be a recipe for pushing back on his part. Then have regular check-ins with him to make sure that you're both feeling all right about the level of engagement.

If things fall out of balance, get support from your boss. It may also be a sign that your team is not properly resourced. In that case, other steps will be needed.

THE LAST WORD: Advocate for your best interests so that you can thrive at home and at work.

———

ABOUT THE WRITER

Liz Reyer is a credentialed coach with more than 20 years of business experience. Her company, Reyer Coaching & Consulting, offers services for organizations of all sizes. Submit questions or comments about this column at www.deliverchange.com/coachscorner or email her at liz@deliverchange.com.

———

©2014 Star Tribune (Minneapolis)

Visit the Star Tribune (Minneapolis) at www.startribune.com

Distributed by MCT Information Services

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Vatican bank's profit takes big dip amid reform

VATICAN CITY — The Vatican bank on Tuesday reported a big drop in profits as Pope Francis presses reforms to make the scandal-tainted institution more transparent.

The bank, formally called Institute for Religious Works, said its net profit in 2013 fell to 2.9 million euros ($4 million) from 86.6 million euros ($118 million) the previous year. The income statement lists a loss of 14.4 million euros ($19.5 million) attributed to a "donation" of securities to a Holy See foundation. It didn't elaborate, but news reports have said a top Vatican cardinal had transferred some 15 million euros to an Italian film company considered close to the Vatican and that the transaction was under investigation.

The bank continues to close accounts that don't meet tighter regulatory standards. The scrutiny reflects the bank's aim to improve compliance with international banking standards, including those to discourage money laundering. So far it has blocked 1,239 individual client and 762 institutional client accounts. Of some 3,000 "customer relationships" terminated, most were dormant accounts, but others didn't fit the bank's revamped focus.

The bank said it "now focuses only on Catholic institutions, clerics, employees or former employees of the Vatican with salary and pensions accounts" plus embassies and diplomats accredited to the Holy See.

The opaque, secretive way the bank had been run was largely blamed for Vatican financial scandals. Last year a Vatican monsignor with millions on deposit was arrested in an alleged money-smuggling plot. A 2010 money-laundering probe by Rome prosecutors sparked tightened scrutiny at the bank.

The initial phase of reforms stressed "zero tolerance for any suspicious activity," said bank president Ernst von Freyberg. The next phase, envisioning more efficient structures, is expected to see a change of command. French financier Jean-Baptiste de Franssu is widely expected to be tapped on Wednesday to head the bank.

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17 coal miners die after blast in west China

BEIJING — Seventeen coal miners have died after being trapped by a weekend gas explosion in northwestern China, an official news agency reported Monday.

The miners were trapped Saturday by the explosion at a mine 120 kilometers (70 miles) from Urumqi, the capital of the Xinjiang region, the Xinhua News Agency said. It said Monday they had died and the cause of the incident was under investigation.

China has the world's deadliest mines, although the safety record has improved as regulators strengthen enforcement of safety rules.

Xinhua said the pit where the explosion occurred Saturday is mined by Dahuangshan Yuxin Coal Mining Co. Ltd., owned by the sixth agricultural division of the Xinjiang Production and Construction Corps. It is a paramilitary organization that was revived by the central government in the 1980s to aid the region's construction and development.

Three other people working inside the mine were rescued earlier.

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Asian stocks lower ahead of US earnings

BEIJING — Asian stock markets were mostly lower Monday as investors looked ahead to U.S. corporate earnings following last week's strong job numbers.

Oil declined but stayed above $104 per barrel.

China's benchmark Shanghai Composite Index was off 0.1 percent at 2,059.65 points and Hong Kong's Hang Seng was down 0.1 percent at 23,517.08. Taiwan, Sydney, Seoul and Singapore also registered small declines.

Markets gave up some of last week's gains that followed news the United States generated a stronger-than-expected 288,000 jobs in June, a sign an economic recovery might be gaining traction.

"The market saw another piece of evidence that the U.S. economy is gathering steam while at the same time central bank rhetoric remains dovish," said Credit Agricole CIB in a report.

Japan's Nikkei 225 bucked the regional trend, gaining 0.1 percent to 15,445.92.

Taiwan's Taiex shed 0.2 percent to 9,486.92 and Seoul's Kospi was off 0.4 percent at 2,001.27. Sydney's S&P ASX 200 shed just under 0.1 percent to 5,521.80.

On Thursday, the last U.S. trading day before the Independence Day long weekend, the Dow Jones industrial average rose 0.6 percent to close above 17,000 for the first time. The broader Standard & Poor's 500 and the Nasdaq composite also added 0.6 percent.

"Companies in the U.S. are widely expected to report better earnings after the winter slumber," said Desmond Chua of CMC Markets in a report.

In Europe, Britain's FTSE 100 closed unchanged Friday while France's CAC-40 fell 0.5 percent and Germany's DAX shed 0.2 percent.

Oil shed 3 cents to $104.02 in electronic trading on the New York Mercantile Exchange. The contract tumbled 42 cents in the previous session to close at $104.06.

In currency trading, the euro fell to $1.3584 from $1.3594 late Friday. The dollar rose to 102.14 yen from 102.08 yen.

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Memo: No contractor yet for Mohegan Sun

Mohegan Sun has yet to secure a general contractor to build its proposed casino at Suffolk Downs in Revere, according to a newly released memo the company sent to the state Gaming Commission.

In answering a question from commission reviewers about workforce diversity, Mohegan states in a June 24 memo that, "Although Mohegan Sun Massachusetts (MSM) has not at this time hired a construction manager or a general contractor for the project, it has undertaken extensive efforts to ensure not only that its construction workforce will be diverse but that minority, women and veteran owned businesses will play an extensive role in the construction of the project."

A Mohegan spokesman, Cosmo Macero, said that despite not yet having a signed contract, "We don't anticipate that being any issue at all."

Macero said the state's gaming law and regulations do not require an applicant to have secured a general contractor yet.

Wynn Resorts, Mohegan's competitor for the Boston-area casino license, has a signed contractor, Gilbane Inc.

Industry giant Suffolk Construction was the expected general contractor under a prior Suffolk Downs casino plan with Caesars that was defeated at the ballot box. Suffolk remains on the Mohegan Sun development team. The company did not return a call for comment.

A Gaming Commission spokeswoman declined to comment on the matter. The commission hopes to award the Boston-area license by early September.

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Rules for digital assets of dead unclear

Facebook, Twitter and other social media sites have become virtual storage units for personal information — including pictures, thoughts and messages between friends — and estate attorneys are already preparing for a new generation that wants to bequeath their online presence to their loved ones.

"My clients want their loved ones to have access for the purpose of taking care of the account, whether it's closing the account down, saving pictures or other things that would be of value," said Tiffany O'Connell, an estate planning attorney. "It's not so much to keep it going, it's to wrap things up."

The social media phenomenon is relatively new in the realm of estate planning, and there are currently no laws on the books to guide attorneys who are trying to do their clients' bidding. In an attempt to stay ahead of the curve, attorneys are carefully writing wills to include "digital assets."

"This is a pretty new area of estate planning. It's not just social media accounts, it can be blogs or financial accounts or other things that you can access on your phone or computer," said Elizabeth Volney, an estate attorney who recently gave a lecture on the subject. "We have tried to adapt our documents to provide access to these accounts both during life — when someone is incapacitated — and death."

A tricky part of the new legal landscape is adjusting to the policies of the digital asset service providers. Some haven't yet taken into consideration what happens to a user's information once they pass away, Volney said.

"Some companies don't even allow access to an account, even if you have a court document. They'll just automatically delete the account, and everything will be lost forever," she said.

Another issue is determining who gets access, and how much. This can be done via a virtual access instruction letter, which is a sheet that lists all accounts a person has online and supplies the user name, password, security questions and how much information should be disposed of, Volney said.

There's also the old-fashioned way to pass on your virtual presence: Simply hand over the password to your loved one, and let them take care of things when you pass away.

"The best way to do it is to make sure they have your password information, but shy of that, if someone has to go and approach the company and say 'We need to get access,' those companies will typically say no, unless it's in their written agreement," O'Connell said. "Generally it isn't, unless they are authorized by a court."

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Oil slips below $104 as Libya set to boost exports

The price of oil slipped below $104 a barrel Monday as expectations that Libya will soon boost its exports of crude offset strong U.S. job growth.

By early afternoon in Europe, benchmark U.S. crude for August delivery was down 19 cents to $103.87 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, a benchmark for international oils, was down 37 cents at $110.63 on the ICE Futures exchange in London.

Crude fell despite signs the U.S. economy is steadily improving, which typically would increase demand. Employment grew by an unexpectedly large 288,000 workers in June.

Oil has been sliding since it reached a 10-month closing high of $107.26 on June 20 due to concern about an advance by Islamic militants in controlling Iraqi territory. Since then, it has become clear that there are no imminent disruptions to supplies from Iraq, OPEC's second-biggest producer.

On top of that, an agreement in Libya between the central government and a regional militia was expected to lead to the reopening of two eastern oil terminals that would boost the country's crude exports by about 500,000 barrels a day. Libya currently produces around 350,000 barrels of oil a day.

While some analysts said it was only a matter of days before crude shipments could be again on their way from the ports of Es Sider and Ras Lanuf, others were more cautious.

"We would not expect to see a resumption of exports from the facilities this month assuming that no field maintenance was done since the shutdown of close to one year," said a note to clients from JBC Energy in Vienna.

In other energy futures trading on the Nymex:

— Wholesale gasoline was down 1.38 cents to $3.006 a gallon.

— Natural gas lost 9.5 cents to $4.311 per 1,000 cubic feet.

— Heating oil fell 0.77 cent to $2.9207 a gallon.

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Website sells work of disabled artists

Allen Chamberland has lived on disability for the past decade, but a startup that sells the work of disabled and homeless artists might just change that one day.

About three years ago, Chamberland began doing paper cuttings, intricate designs cut out of a single sheet of paper.

"At first, it started as a hobby to give me something to do," said the 49-year-old South End resident, who was diagnosed with chronic obstructive pulmonary disease, which makes it difficult for him to breathe.

He never thought he'd be successful at it until a chance encounter last year with Liz Powers, who was looking for works by homeless and disabled artists for a show at Boston's Prudential Center. By the end of the show, a dozen of Chamberland's works had sold.

So last December, Powers and her brother, Spencer, started ArtLifting, a low-profit LLC with a website that initially featured the work of Chamberland and three other artists.

"It was very clear these artists would benefit from having a way to sell their work not just once a year but every day," Spencer Powers said. "And it was also clear that customers loved their work."

Within one month, the company sold $11,000 worth of work, with 55 percent of the profits going to the artists ­­— compared to a typical gallery split of 50/50 — and the rest going toward overhead.

"That first month was a shocker to us," Spencer Powers said. "It showed we could build something great."

The company's first corporate client, Jay Connolly, bought more than two dozen for the commercial buildings his Beverly firm, Connolly Brothers, Inc., owns and manages.

"People have actually come down to our management office and asked what ArtLifting is," Connolly said. "Some of the people in our office even went and bought the original works once they saw the prints."

In May, ArtLifting was one of 128 finalists in the Boston startup accelerator and competition MassChallenge, entitling the company to free office space, mentoring and a chance at a share of 
$1.75 million in cash prizes. Its goal is to one day reach homeless and disabled artists across the country.

"A month or so ago, somebody saw my work on ArtLifting, and because of that, I'm having my first solo show in Cambridge in October," Chamberland said. "If things keep going like this, I won't have to live on disability anymore. And that feels great."

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Report: Ordinary Americans caught up in data sweep

WASHINGTON — When the U.S. National Security Agency intercepted the online accounts of legally targeted foreigners over a four-year period it also collected the conversations of nine times as many ordinary Internet users, both Americans and non-Americans, according to a probe by The Washington Post.

Nearly half of those surveillance files contained names, email addresses or other details that the NSA marked as belonging to U.S. citizens or residents, the Post reported in a story posted on its website Saturday night. While the federal agency tried to protect their privacy by masking more than 65,000 such references to individuals, the newspaper said it found nearly 900 additional email addresses that could be strongly linked to U.S. citizens or residents.

At the same time, the intercepted messages contained material of considerable intelligence value, the Post reported, such as information about a secret overseas nuclear project, double-dealing by an ostensible ally, a military calamity that befell an unfriendly power, and the identities of aggressive intruders into U.S. computer networks.

As an example, the newspaper said the files showed that months of tracking communications across dozens of alias accounts led directly to the capture in 2011 of a Pakistan-based bomb builder suspected in a 2002 terrorist bombing in Bali. The Post said it was withholding other examples, at the request of the CIA, that would compromise ongoing investigations.

The material reviewed by the Post included roughly 160,000 intercepted e-mail and instant-message conversations, some of them hundreds of pages long, and 7,900 documents taken from more than 11,000 online accounts. It spanned President Barack Obama's first term, 2009 to 2012, and was provided to the Post by former NSA analyst Edward Snowden.

The daily lives of more than 10,000 account holders who were not targeted were catalogued and recorded, the Post reported. The newspaper described that material as telling "stories of love and heartbreak, illicit sexual liaisons, mental-health crises, political and religious conversions, financial anxieties and disappointed hopes." The material collected included more than 5,000 private photos, the paper said.

The cache Snowden provided to the newspaper came from domestic NSA operations under the broad authority granted by Congress in 2008 with amendments to the Foreign Intelligence Surveillance Act, according to the Post.

By law, the NSA may "target" only foreign nationals located overseas unless it obtains a warrant based on probable cause from a special surveillance court, the Post said. "Incidental collection" of third-party communications is inevitable in many forms of surveillance, according to the newspaper. In the case of the material Snowden provided, those in an online chat room visited by a target or merely reading the discussion were included in the data sweep, as were hundreds of people using a computer server whose Internet protocol was targeted.

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Online:

Washington Post: washingtonpost.com

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Boston firms hosting startups

Some of Boston's big companies are teaming up to house startups in their headquarters to provide mentoring and guidance.

"The idea is to create an industry-specific location that works well with (startups)," said Bill Jacobson, co-founder and CEO of Workbar. "By working with leading industry companies, startups in a specific sector can have space and access to mentorships."

Workbar, which offers shared office space in Cambridge and Boston, along with several other locations, is working with Boston area companies to match early-stage startups with big companies that can help guide them along the way. Called Centers of Excellence, the large companies house and support the startups within their offices.

"It's about developing those relationships," said Ernesto Humpierres, a co-founder of Socrex, a startup that aggregates non-traditional credit information for people with little credit history. Socrex, along with three other financial technology startups, is working out of Digital Federal Credit Union's Boston office.

At DCU, the startups have access to the bank's leadership team for everything from marketing advice to technology help. Even DCU's CEO is getting involved.

"The goal for us is just to learn what's the next best technology that's going to be coming," said David Araujo, vice president of information systems for DCU. "There's so many things we can think of for our users, but at the end of the day there's a lot of young, innovative companies that we can learn from."

Araujo said the immediate goal is not to invest or partner with the companies, but its something DCU is not ruling out.

"We're really there to help them along, but if we can benefit at some point in time, fantastic," Araujo said. He said the best-case scenario is for the companies to develop tools and services that DCU will one day use.

Jacobson is in discussions with a Boston marketing company to create a marketing technology Center of Excellence, and said he is also looking to create design and education technology versions.

"The idea is for younger companies, startup companies to have a little bit more centered knowledge and connections in their industry," Jacobson said.

The marketing center is close to being finalized, Jacobson said, but the others are in their early stages.

Shared office space for startups is on the rise in Boston. National companies WeWork and Coalition have expanded into Boston, and the Cambridge Innovation Center is in the process of opening space for 300 startups in the Financial District.

"There's a ton of co-working spaces in Boston, but there wasn't anyone who had a differentiator for us," Humpierres said. "This gave me access to the experts at DCU and the contacts in the industry."

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How to handle emergency with push-button ignition

In your column you gave advice on what to do if someone experienced a stuck throttle. With a traditional key I understand the steps you mentioned. But our next vehicle may be equipped with a push-button ignition. How would we handle an emergency situation like a stuck accelerator or unintended acceleration? Also, one of the vehicles we are interested in has a push-button transmission, not a normal gear shifter. Does shifting to neutral still apply?

We currently have a vehicle with electronic rather than mechanical door locks and a fob-in-pocket push-button ignition on the dash. I don't care for either of these. If the car battery goes dead, the doors cannot be unlocked from the outside. You must use an emergency key stored in the fob to unlock the rear hatch and pull a cable to mechanically unlock the front door. If you are inside the vehicle when the battery fails and the doors are locked — exceptionally rare, of course, but still a possibility — you must pull an emergency door release lever to open the door.

As modern and slick as this technology is, I can't help but wonder what the true benefits are. A remote keyless entry system opens doors from the outside and a key-in-the-ignition switch started and stopped the engine. Mind you, these electronic systems aren't necessarily bad but I don't see any real advantage.

In reference to dealing with a stuck throttle or unintended acceleration, the push-button ignition switch does suggest a possible complication. In order to shut off the engine, one must depress and hold in the button for a short period of time — a demanding and difficult procedure when dealing with an emergency.

To deal with a stuck throttle/unintended acceleration with a system like this, shift the transmission into neutral, then steer and brake the car to a safe stop — as I suggested in my earlier column. Again, modern engine management systems will prevent the engine from over-revving in neutral in this situation.

Whether the shift mechanism is push-button, floor-mounted or on the steering column doesn't matter. Immediately shift into neutral and then deal with the situation.

I love my Dodge Intrepid, but the headlights have never been adequate. I keep the lenses polished and clear but the lights are worse than the 6-volt bulbs in my 1951 Ford sealed-beam headlights. What can I do? I need better lights to drive at night.

Age and your eyes may be part of this, but regardless, you can upgrade the halogen bulbs in your composite headlamp assemblies. Probably your best choice would be to install a xenon HID (high-intensity discharge) headlamp kit. HID headlamps are original equipment on many newer vehicles and offer a significant improvement in lighting. The installation isn't quite as simple as replacing the standard bulb — it requires a ballast assembly and additional wiring harness. Prices are in the $100-$300 range for the kit.

I have a 2007 Chevy 1500 V8 that can burn E85. I got the flex fuel option when E85 was about 65 cents per gallon less than gas. Now I am seeing a difference of about 25 cents, which means it doesn't make sense to burn E85. Is there a formula for figuring the break-even point? If you use E85 on every fill, will that harm the engine or make it run rough?

There's no perfect answer here. E85 prices vary state-to-state from about 10 to 25 percent less than gasoline, thus the economics vary tremendously. The EPA combined mileage estimates for a 2014 Chevy 5.3-liter K1500 4WD are 18 mpg on gasoline and 13 mpg on E85 — a difference of more than 25 percent. Compare this with the percentage difference in cost between fuels and you'll have your answer for that fill-up. While there is no benefit to engine reliability or durability, E85 won't harm your engine.

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17 coal miners trapped underground in west China

BEIJING — Rescuers on Sunday worked to free 17 miners trapped following a gas explosion at a coal mine in western China, the country's official news agency reported.

The blast at the mine 120 kilometers (70 miles) from Urumqi, the capital of the sprawling Xinjiang region, happened on Saturday evening, according to the Xinhua News Agency. It said three other people working inside the mine at the time had been rescued.

China has the world's deadliest mines, although the safety record has been improving in recent years as regulators have strengthened enforcement of safety rules.

Xinhua said the pit is mined by Dahuangshan Yuxin Coal Mining Co. Ltd., owned by the sixth agricultural division of the Xinjiang Production and Construction Corps. It is a paramilitary organization that was revived by the central government in the 1980s to aid the region's construction and development.

Calls to the organization rang unanswered on Sunday. A duty officer at Xinjiang's work safety bureau said he had no information about the incident.

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