Diberdayakan oleh Blogger.

Popular Posts Today

UN: Syria refugee crisis threatens development

Written By Unknown on Senin, 30 September 2013 | 20.25

BERLIN — The head of the United Nations development agency is warning that Syria's refugee crisis is threatening economic development throughout the region because host countries cannot cope with the influx.

Helen Clark told a meeting Monday in Geneva, Switzerland, that the situation not only poses a humanitarian crisis but also threatens economies of neighboring countries including Jordan, Lebanon, Iraq and Turkey due to its impact on trade, agriculture, tourism, employment and demands on water use.

She said that by the end of the year, nearly 25 percent of Lebanon's population will be made up of refugees. The figure has already reached 10 percent in Jordan. Clark added that "clearly the costs on host communities and countries cannot be borne by them alone."


20.25 | 0 komentar | Read More

Rosneft sets price for remaining TNK-BP shares

MOSCOW — Russian state-controlled oil company Rosneft has set a price for buying out minority shareholders in TNK-BP that is far less than the majority shareholders received.

In taking over TNK-BP last year, Rosneft bought out the major shareholders — the British company BP and four Russian billionaires — but left in limbo the minority investors holding the remaining 5 percent.

The value of their shares plummeted and foreign investors cited the case as an example of bad corporate governance in Russia.

Rosneft's chief executive, Igor Sechin, pledged Friday to buy out the minority shareholders and Monday the company announced the price: 67 rubles ($2.07) per ordinary share and 55 rubles ($1.70) per preferred share. This is about half what the Russian billionaires received.

The deal will cost Rosneft about $1.5 billion.


20.25 | 0 komentar | Read More

Obamacare dispute sends gov't to brink of shutdown

WASHINGTON — Hours before a threatened government shutdown, the Senate has the next move Monday on must-do budget legislation that has fueled a bitter congressional dispute over President Barack Obama's signature health care law.

But the Senate won't be riding to the rescue, at least not immediately. When it convenes at midday, the Democratic-led chamber is expected to reject the latest effort from House Republicans to use a normally routine measure to attack "Obamacare."

If no compromise can be reached by midnight, Americans would soon see the impact of a government shutdown. National parks would close. Many low-to-moderate incomes borrowers and first-time homebuyers seeking government-backed mortgages could face delays.

About 800,000 federal workers would be forced off the job without pay. Some critical services such as patrolling the borders, inspecting meat and controlling air traffic would continue. Social Security benefits would be sent, and the Medicare and Medicaid health care programs for the elderly and poor would continue to pay doctors and hospitals.

Senate rejection would send the measure back to the House, where conservative Republicans want to delay by a year key parts of the new health care law and repeal a tax on medical devices as the price for avoiding a shutdown. A House GOP leader, Rep. Kevin McCarthy of California, said the House would rebuff the Senate's efforts to advance the short-term funding bill as a simple, "clean" measure shorn of anti-heath care reform provisions.

Since the last government shutdown 17 years ago, temporary funding bills known as continuing resolutions have been noncontroversial, with neither party willing to chance a shutdown to achieve legislative goals it couldn't otherwise win. But with health insurance exchanges set to open Tuesday, tea party Republicans are willing to take the risk in their drive to kill the law, so-called "Obamacare."

"You're going to shut down the government if you can't prevent millions of Americans from getting affordable care," said Rep. Chris Van Hollen, D-Md.

A leader of the tea party Republicans, Sen. Ted Cruz, R-Texas, insisted the blame rests with Senate Democrats.

"The House has twice now voted to keep the government open. And if we have a shutdown, it will only be because when the Senate comes back, (Senate Majority Leader) Harry Reid says, 'I refuse even to talk,'" said Cruz, who led a 21-hour broadside against allowing the temporary funding bill to advance if stripped clean of a tea party-backed provision to derail Obamacare. The effort failed.

The battle started with a House vote to pass the short-term funding bill with a provision that would have eliminated the federal dollars needed to put Obama's health care overhaul into place. The Senate voted along party lines to strip that out and sent the measure back to the House.

The latest House bill, passed early Sunday by a near party-line vote of 231-192, sent back to the Senate two major changes: a one-year delay of key provisions of the health insurance law and repeal of a new tax on medical devices that partially funds it. The steps still go too far for the White House and its Democratic allies.

Senate rules often make it difficult to move quickly, but the chamber can act on the House's latest proposals by simply calling them up and killing them.

A senior leader vowed the House would not simply give in to Democrats' demands to pass the Senate's "clean" funding bill.

"The House will get back together in enough time, send another provision not to shut the government down, but to fund it, and it will have a few other options in there for the Senate to look at again," said McCarthy, the No. 3 House Republican leader.

He suggested that House Republicans would try blocking a mandate that individuals buy health insurance or face a tax penalty, saying there might be some Democratic support in the Senate for that.

On the other hand, Democrats said the GOP's bravado may fade as the deadline to avert a shutdown nears.

Asked whether he could vote for a "clean" temporary funding bill, Rep. Raul Labrador, R-Idaho, said he couldn't. But he added, "I think there's enough people in the Republican Party who are willing to do that. And I think that's what you're going to see."

A leading Senate GOP moderate called on her fellow Republicans to back down.

"I disagree with the strategy of linking Obamacare with the continuing functioning of government — a strategy that cannot possibly work," said Sen. Susan Collins, R-Maine.

McCarthy wouldn't say what changes Republicans might make. He appeared to suggest that a very short-term measure might pass at the last minute, but GOP aides said that was unlikely.

Republicans argued that they had already made compromises; for instance, their latest measure would leave intact most parts of the health care law that have taken effect, including requiring insurance companies to cover people with pre-existing conditions and to let families' plans cover children up to age 26. They also would allow insurers to deny contraception coverage based on religious or moral objections.

Tea party lawmakers in the House — egged on by Cruz — forced GOP leaders to abandon an earlier plan to deliver a "clean" stopgap spending bill to the Senate and move the fight to another must-do measure looming in mid-October: a bill to increase the government's borrowing cap to avert a market-rattling, first-ever default on U.S. obligations.

McCarthy appeared on "Fox News Sunday," while Cruz and Labrador were on NBC's "Meet the Press." Van Hollen appeared on CBS' "Face the Nation."


20.25 | 0 komentar | Read More

UK journalist charged in computer hacking probe

LONDON — British police are charging a journalist as part of an investigation into allegations of computer hacking and privacy offenses, marking the first charges under Operation Tuleta, one of three police probes triggered by the U.K.'s phone-hacking scandal.

Police said Monday that Ben Ashford, 34, has been charged with possessing criminal property between Oct. 11, 2009 and Oct. 16, 2009, and unauthorized access to computer material.

More than 40 people have been arrested in the probes of media wrongdoing and corruption. Criminal charges have been brought against suspects including Rebekah Brooks, the former chief of News Corp.'s British operations.

Ashford, a former journalist with The Sun newspaper, is scheduled to appear in court on Oct. 15.


20.25 | 0 komentar | Read More

Futures fall sharply as US careens toward shutdown

NEW YORK — U.S. stock futures slumped Monday as the federal government careened toward a partial shutdown.

The Senate will reconvene just 10 hours before a shutdown would be initiated and there is little evidence of a thaw between the Senate and conservative Republicans in the House who are attempting to derail President Barack Obama's signature health care law

The Dow Jones industrial futures fell 144 points to 15,051. S&P futures gave up 15.6 points to 1,670.80, and the index could see its first back-to-back trading days below 1,700 in three weeks. Nasdaq futures tumbled 30 points to 3,193.

A budget resolution is one of the four huge pivot points in the coming month, with the other three arriving within the next nine trading days.

On Friday, the government releases its jobs report for September. The earnings seasons opens on Oct. 8 when Alcoa reports third-quarter results and on the following day, the U.S. Federal Reserve releases minutes from its most recent meeting.

Given the latest Fed decision to maintain its aggressive monetary policy, perhaps because of political turmoil, even more weight may be given to the thinking of central bank officials.

The fight in Washington is weighing on global markets as well.

In Europe, the FTSE 100 index of leading British shares slid 0.9 percent to 6,457 while Germany's DAX fell 1.1 percent at 8,567. The CAC-40 in France fell 1.4 percent to 4,129.

Premier Enrico Letta faces a confidence vote on Wednesday after ministers from Silvio Berlusconi's center-right bloc pulled out of the five-month government and Milan's stock exchange tumbled 1.9 percent to 17,310.

Japan's Nikkei 225 stock average closed 2.1 percent lower at 14,455.80. Hong's Hang Seng index fell 1.5 percent to 22,859.86 while South Korea's Kospi was 0.7 percent lower at 1,074.


20.25 | 0 komentar | Read More

Mazda recalls midsize cars to fix door latches

Written By Unknown on Minggu, 29 September 2013 | 20.25

DETROIT — Mazda is recalling 161,400 midsize cars in the U.S. because the doors can open while they're being driven.

The recall affects Mazda 6 cars from the 2009 through 2013 model years. The company says the door latch mounting screws can loosen. That can stop the doors from latching. If the latches come loose, a door ajar light will warn drivers.

Mazda traced the problem to improper tightening at the factory or uneven door surfaces. The company will notify owners and dealers will put on a thread-locking adhesive and tighten the screws. The recall will start around Oct. 18. Mazda says the problem hasn't caused any crashes or injuries.

Owners with questions can contact Mazda at (800) 222-5500.


20.25 | 0 komentar | Read More

Trout habitat being restored in Maine stream

FRENCHTOWN TOWNSHIP, Maine — Maine's wildlife agency is restoring brook trout habitat in a stream in the Moosehead Lake area.

The Department of Inland Fisheries and Wildlife and Plum Creek land and timber company have been working together to enhance the habitat on Intervale Brook, an important tributary of First Roach Pond in Frenchtown Township.

Back in the days of log drives, streams like Intervale were straightened, had in-stream boulders and trees removed, and had their banks heightened to make log drives easier. But those things also hurt the habitat for brook trout.

The new restoration initiative involves using what's known as a "chop-and-drop" method to strategically add fallen trees to the stream to provide additional cover for the fish, increase the insect population and create or enhance pools on a four-mile stretch of stream. Plum Creek also has removed berms, restored disconnected stream channels and placed large boulders in the stream.

In one of the final steps in the restoration effort earlier this week, Plum Creek removed an old log-driving dam at the headwaters of the stream.

"Intervale Brook has great water quality, but we need to provide more habitat diversity," said Inland Fisheries and Wildlife biologist Merry Gallagher, who's overseeing the project. "By adding woody material, we can provide habitat and help diversify the stream substrate, which enhances the food supply and provides protection for fish."

Maine is home to 97 percent of the nation's lake and pond brook trout population.

___

Online:

Restoration project: http://www.youtube.com/watch?v=HdrvwXUNaDg


20.25 | 0 komentar | Read More

White House: GOP bill 'reckless,' 'irresponsible'

WASHINGTON — The White House says a House Republican bill that would delay a major provision of President Barack Obama's health care law is reckless and irresponsible.

Obama spokesman Jay Carney also says any Republican who votes for the bill is "voting for a shutdown." He notes that House Republicans have tried and failed to delay or eliminate the law's funding more than 40 times.

The House is expected to vote on the bill Saturday night.

The bill would delay for one year the requirement for nearly all uninsured people to buy health insurance or face penalties. It also would repeal a tax on medical devices.

Obama has said he will not delay his signature legislative achievement. The White House also has expressed opposition to repealing the medical devices tax.


20.25 | 0 komentar | Read More

Friendly’s fights slide

Two years after filing for bankruptcy, Friendly's Ice Cream continues to churn away at a tall order: reinvigorating a 78-year-old chain competing against the likes of Applebee's, Panera, IHOP and Chipotle.

While analysts cite progress important to a turnaround — in customer service, and menu and restaurant updates — some question whether the Wilbraham-based chain can survive in the long run.

Customer satisfaction surveys show consumers like the changes, according to Darren Tristano, executive vice president of Technomic, a Chicago food industry consulting and research firm.

"The important element is will they be able to sustain that positive reaction?" he said. "It will take continuous effort. As some of these older brands continue to age, it gets increasingly difficult to turn them around."

Friendly's CEO John Maguire — a Weymouth native and former Panera COO who joined the company in April 2012 — said Friendly's has seen steady progress in three focus areas: the friendliness and retraining of employees; food quality and menu changes; and the cleanliness and energy level of its restaurants.

By year's end, Friendly's expects to have renovated 45 restaurants, with another 50 planned for 2014.

"We have a long ways to go," Maguire said. "We're just starting out, so sales increases will come as we get more consistent and make the improvements we need to make."

Friendly's expects about $500 million in revenue this year — down from 
$700 million in 2011 — from 355 restaurants and ice cream sales at 7,500 supermarkets and other retailers.

"We're going to exceed our profit expectation for 2013," Maguire said. "We grew in 2012, and we'll grow our earnings in 2013."

Friendly's filed for Chapter 11 bankruptcy in October 2011, citing the economic downturn and rising commodity prices. Over time, it had stopped investing in its employees, quality of its food, and the cleanliness and upkeep of its restaurants, according to Maguire. "If we (address those issues), we'll survive," he said.

Friendly's closed about 100 restaurants before emerging from bankruptcy protection in January 2012 as a leaner chain under an affiliate of private investment firm Sun Capital Partners, which acquired Friendly's in 2007.

Maguire disagrees with those who view Friendly's as past its time, noting the chain holds a special place for many customers who visited as children with parents or grandparents.

"There are people who love and always did love and probably always will love Friendly's," agreed Michael Tesler, senior marketing lecturer at Bentley College. "But I don't know if there is enough. Time has sort of passed by Friendly's between Panera and Chipotle and Shake Shack and Tasty Burger."


20.25 | 0 komentar | Read More

App’s the way to monitor baby

A Boston-based MassChallenge finalist is taking baby-monitoring beyond devices that record only sight or sound.

The SensibleBaby SmartOne is a onesie with a front pocket containing an embedded sensor that sends a constant signal to a nearby smartphone via an app that alerts parents when a sleeping infant is too hot, too cold or sleeping on his or her stomach.

"We want to be a co-parenting tool that empowers people with information so that they don't have to worry about their child," said SensibleBaby CEO Ben Cooper, who's expecting his first child in December.

Cooper and his three co-founders — Jeff Tagen, Jill Ju and Jack Sivak — met as strangers in March at Start-up Weekend, a 54-hour marathon during which aspiring entrepreneurs form teams, pitch an idea and make it a reality.

The four decided to try to create something better than baby-monitoring audio recorders and video cameras on the market.

"Audio monitors are wonderful, but if you're not listening, they don't help," said Cooper, 29. "We wanted to only alert parents when they need to act."

By the end of the weekend, they had a name for their new company, a logo, a website and a working prototype consisting of a taped-together sensor that dropped into a hand-sewn sock.

"It wasn't very pretty," Cooper recalled with a laugh, "but it worked."

It worked well enough that the four won, and one of their prizes was a waived application fee to MassChallenge, the Boston start-up accelerator and $1 million competition, which wraps up on Oct. 30.

In the meantime, the team won $100,000 through Founder.org and is using the money to refine and test their product for what they hope will be a launch in the first quarter of next year.

SmartOne sets will contain a sensor and three onesies, and will sell for between $100 and $150 in baby boutiques and on the company's website, mysensiblebaby.com.


20.25 | 0 komentar | Read More
techieblogger.com Techie Blogger Techie Blogger