Sunday 30 June 2013

Blackstone, Lion Capital to bid for GSK's Lucozade, Ribena: report

(Reuters) - Private equity firms Blackstone and Lion Capital have teamed up to make a formal bid worth more than a billion pounds for Lucozade and Ribena, the two soft drink brands put up for sale by drugmaker GlaxoSmithKline , Sky News reported on Sunday.

GSK has been increasingly focusing its consumer health operations on emerging markets and put Lucozade and Ribena -- brands that are big sellers in Britain but lack global reach -- up for sale as they no longer fit in with the company's portfolio.

Last month, GSK said it had appointed JPMorgan and Greenhill to advise it on the sale.

Blackstone and Lion Capital have appointed bankers at Rothschild to advise them on their bid, Sky News reported.

Both Blackstone and Lion Capital could not be reached for comment outside regular business hours. (Reporting by Abhishek Takle in Bangalore; Editing by Marguerita Choy)

Source: http://news.yahoo.com/blackstone-lion-capital-bid-gsks-lucozade-ribena-report-220601703.html

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Students Drowning in Debt: An Opportunity for Education ...

money managementThis week, while the media has been schooling us on the student loan implosion and interest rates possibly doubling unless Congress takes action, Roger W. Ferguson Jr. and Debra W. Stewart ?published an opinion piece at Politico addressing an issue at the core of BetterInvesting?s curriculum ? financial education.

Ferguson is president and CEO of TIAA-CREF, a financial services organization, and a former vice chairman of the U.S. Federal Reserve; Stewart is president of the Council of Graduate Schools.

In Politico, they?re calling for a nationwide policy to teach students money management skills, beginning at the K-12 years.

?A comprehensive national action plan is needed, and it must provide students with the knowledge and tools they need to fully understand their student loans and better manage their overall personal finances,? the column says. ?Helping students and families take advantage of available financial aid options and teaching money management skills will reduce the amount that students need to borrow and help them to manage any debt they may incur.?

The writers conclude: ?Working together, educational institutions, policymakers and businesses can help build a nation of financially literate Americans who are not only well-prepared for their chosen careers, but also secure in the skills they need to lead financially healthy lives. A dedication to financial education will help ensure that our nation has the highly educated professionals who can lead the way to future prosperity.?

As a nonprofit, BetterInvesting has been deeply involved in financial education programs for more than 60 years, with the help of our volunteers nationwide.

For example:

  • Charles K. Barker of Indianapolis, president of BetterInvesting?s Central Indiana Chapter, chairs a financial literacy program sponsored by the organization 100 Black Men of Indianapolis. Charles mentors high school students through the education program.
  • ?A member of The Standard and Rich Investment Club, a BetterInvesting affiliate located in the suburbs of Cleveland, developed a stock market curriculum that was approved by the National Endowment for Financial Education used in classrooms in a local school district.
  • ?Our longtime volunteer Bill Wilson, a professor at the University of Texas at Arlington, used BetterInvesting tools to teach his students how to analyze stocks.

BetterInvesting?s focus is teaching members how to succeed in the stock market, by analyzing how best to use their money and planning for the future. Members grow their wealth either individually or through clubs, and by doing so they reach for financial security.

BetterInvesting members tell us again and again that they use the skills they?ve learned to teach financial literacy to their children and grandchildren. And that?s as good as gold.

About BetterInvesting

BetterInvesting is a national nonprofit organization that has been empowering individual investors since 1951. Founded in Detroit, the association (formerly known as National Association of Investors Corporation) was born out of the conviction that anyone can become a successful long-term investor by following commonsense investing practices. BetterInvesting has helped more than 5 million people become better, more informed investors by providing webinars, in-person events, easy-to-use online tools for analyzing stocks and mutual funds, a monthly magazine and a community of volunteers and like-minded investors. For more information about BetterInvesting, visit its website at?http://www.betterinvesting.org/investing/landing/openhouse/blog/index.html or call toll free (877) 275-6242.

Follow us on Twitter, Facebook and LinkedIn.

?

Source: http://blog.betterinvesting.org/investing/students-drowning-in-debt-an-opportunity-for-education/

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Kenya's economic growth quickens in Q1 helped by farming

NAIROBI (Reuters) - Kenya said on Friday its economy expanded by an annualised rate of 5.2 percent in the first quarter of 2013 from 3.9 percent in the same period last year, helped by a buoyant agricultural sector.

A presidential election in March had been expected to drag on growth in the first quarter, because of fears that Kenya could see a repeat of the violence that marred the previous vote five years earlier and put a brake on the economy.

"Given what we know now of the smooth passage of elections, and the rapid recovery in confidence post-election, the outlook for full year 2013 growth looks very positive," Razia Khan, head of Africa research at Standard Chartered Bank, wrote in a note.

The statistics office said the looming presidential vote had dampened business activity in the first quarter, but said in its statement that the agricultural sector had performed well.

"The first quarter of 2013 experienced improved weather conditions for some key crops compared to the same quarter of 2012," it said.

Mark Bohlund, senior economist at Global Insight, was more circumspect about prospects, saying the fact that agriculture based on good weather was the main driver suggested underlying economic momentum remained relatively weak.

He forecast 2013 growth of 4.6 percent, below the 5.5 percent predicted in a Reuters poll earlier in June.

Noting an upwardly revised growth estimate of 5.1 percent for the fourth quarter of 2012, Khan said the second quarter could expect a bounce back in the restaurant and hotel business, the sector that was most affected by concerns about the vote.

"The challenge for Kenya will be to steer a steady course, maintaining this positive momentum, while avoiding any new credit or asset market bubbles," she wrote.

Source: http://news.yahoo.com/kenyas-economic-growth-quickens-q1-stats-office-140519150.html

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Saturday 29 June 2013

Phoenix, Las Vegas bake in scorching heat

DEATH VALLEY, Calif. (AP) ? Dan Kail was vacationing in Las Vegas when he heard that the temperature at Death Valley could approach 130 degrees this weekend. He didn't hesitate to make a trip to the desert location that is typically the hottest place on the planet.

"Coming to Death Valley in the summertime has always been on the top of my bucket list," the 67-year-old Pittsburgh man said. "When I found out it might set a record I rented a car and drove straight over. If it goes above 130 I will have something to brag about."

The forecast called for Death Valley to reach 128 degrees Saturday as part of a heat wave that has caused large parts of the western U.S. to suffer. Death Valley's record high of 134 degrees, set a century ago, stands as the highest temperature ever recorded on Earth.

"The wind out here is like being in front of a blast furnace," Kail said.

As temperatures soared in Las Vegas Friday, 200 people were treated for heat problems at an outdoor concert, Clark County spokesman Erik Pappa said.

Thirty of them were hospitalized for heat-related injuries at Vans Warped Tour at Silverton Casino as temps reached 115.

Most of the others "were essentially provided shade and water and a place to sit down," Pappa said.

It was expected to get even hotter in Las Vegas over the weekend.

Phoenix reached 116 on Friday ? 2 degrees short of the expected high ? in part because a light layer of smoke from wildfires in neighboring New Mexico shielded the blazing sun, the National Weather Service said. Phoenix was forecast to hit nearly 120. The record in Phoenix is 122.

The heat was so punishing that rangers took up positions at trailheads at Lake Mead in Nevada to persuade people not to hike. Zookeepers in Phoenix hosed down the elephants and fed tigers frozen fish snacks. Dogs were at risk of burning their paws on scorched pavement, and airlines kept close watch on the heat for fear that it could cause flights to be delayed.

The heat wasn't expected to break until Monday or Tuesday.

The scorching weather presented problems for airlines because high temperatures can make it more difficult for planes to take off. Hot air reduces lift and also can diminish engine performance. Planes taking off in the heat may need longer runways or may have to shed weight by carrying less fuel or cargo.

Smaller jets and propeller planes are more likely to be affected than bigger airliners that are better equipped for extreme temperatures.

Temperatures are also expected to soar across Utah and into Wyoming and Idaho, with triple-digit heat forecast for the Boise area. Cities in Washington state that are better known for cool, rainy weather should break the 90s next week.

"This is the hottest time of the year, but the temperatures that we'll be looking at for Friday through Sunday, they'll be toward the top," said weather service meteorologist Mark O'Malley. "It's going to be baking hot across much of the entire West."

The heat is the result of a high-pressure system brought on by a shift in the jet stream, the high-altitude air current that dictates weather patterns. The jet stream has been more erratic in the past few years.

Health officials warned people to be extremely careful when venturing outdoors. The risks include not only dehydration and heat stroke but burns from the concrete and asphalt. Dogs can suffer burns and blisters on their paws by walking on hot pavement.

"You will see people who go out walking with their dog at noon or in the middle of the day and don't bring enough water and it gets tragic pretty quickly," said Bretta Nelson, spokeswoman for the Arizona Humane Society. "You just don't want to find out the hard way."

Cooling stations were set up to shelter the homeless and elderly people who can't afford to run their air conditioners. In Phoenix, Joe Arpaio, the famously hard-nosed sheriff who runs a tent jail, planned to distribute ice cream and cold towels to inmates this weekend.

Officials said personnel were added to the Border Patrol's search-and-rescue unit because of the danger to people trying to slip across the Mexican border. At least seven people have been found dead in the last week in Arizona after falling victim to the brutal desert heat.

In June 1990, when Phoenix hit 122 degrees, airlines were forced to cease flights for several hours because of a lack of data from the manufacturers on how the aircraft would operate in such extreme heat.

US Airways spokesman Todd Lehmacher said the airline now knows that its Boeings can fly at up to 126 degrees, and its Airbus fleet can operate at up to 127.

While the heat in Las Vegas is expected to peak Sunday, it's unlikely to sideline the first round of the four-week Bikini Invitational tournament.

"I feel sorry for those poor girls having to strut themselves in 115 degrees, but there's $100,000 up for grabs," said Hard Rock casino spokeswoman Abigail Miller. "I think the girls are willing to make the sacrifice."

___

Skoloff reported from Phoenix. Also contributing were Robert Jablon in Los Angeles, Julie Jacobson and Michelle Rindels in Las Vegas, Michelle Price in Salt Lake City, Cristina Silva and Bob Christie in Phoenix, and Susan Montoya Bryan in Albuquerque, N.M.

Source: http://news.yahoo.com/phoenix-las-vegas-bake-scorching-heat-202602575.html

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Brooks, Coulson lose bid to have hacking charges dropped

LONDON (Reuters) - Two former editors of a British tabloid newspaper shut down by owner Rupert Murdoch over a phone-hacking scandal lost a legal battle on Friday to have criminal charges against them dropped.

Rebekah Brooks and Andy Coulson, both former News of the World editors and close associates of Prime Minister David Cameron, have pleaded not guilty to charges that they conspired to intercept people's voicemail messages in pursuit of stories.

Their lawyers had argued that once a message had been heard by its intended recipient it was no longer "in the course of transmission" as defined by the Regulation of Investigatory Powers Act under which the charges were brought.

The hacking scandal prompted Murdoch to shut down the mass-selling Sunday tabloid in July 2011 and led to a huge police investigation and to a public inquiry that revealed embarrassingly cosy ties between the media and politicians.

The judge in charge of the hacking case had rejected the defence arguments advanced by lawyers for Brooks, Coulson and three other former News of the World staff in May, but this could not be reported at the time for legal reasons.

The defendants appealed, but the Court of Appeal upheld the earlier judgment on Friday and allowed it to be reported.

"There is no good reason why the first receipt of the communication should be considered as bringing the transmission to an end," the Court of Appeal judges wrote.

The ruling means that Brooks, Coulson and others will stand trial as planned in September on hacking and other charges.

Brooks and Coulson both deny charges of involvement in the bribery of public officials for stories, and Brooks also denies perverting the course of justice.

Brooks, who after leaving the News of the World went on to edit its sister paper the Sun, Britain's highest-selling newspaper, later became the boss of Murdoch's entire British newspaper arm until the hacking scandal forced her out.

In her heyday, she enjoyed close friendships with senior politicians including Cameron.

After leaving the News of the World, Coulson went on to work as Cameron's chief of communications. He was forced out of that job in January 2011 as the hacking scandal gathered pace.

(Reporting by Estelle Shirbon; Editing by Alistair Lyon)

Source: http://news.yahoo.com/brooks-coulson-lose-bid-hacking-charges-dropped-141930593.html

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Engadget UK Giveaway: win one of five TonidoPlug personal cloud servers

Engadget UK Giveaway win one of five TonidoPlug personal cloud servers

There's a whole plethora of places to keep your data online, but without getting too political, there's no place like home, right? TonidoPlug is a tiny personal server that lets you access your images, photos and personal files wherever you are, without having to hand them over to someone else to look after. Not only is there software to mount it as a local drive -- a-la dropbox -- but it serves as a NAS device on your home network too. With the option to plug in USB drives, or add an internal SATA HDD, you won't need to pay a subscription, either. Best of all, we've got five to give away to some lucky UK readers. Please read the terms and conditions after the break to make sure you qualify. But if you do, -- be sure to enter, and good luck!

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Source: Tonido

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/FhzyHa-Zgek/

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Friday 28 June 2013

iOS 7 for iPad First Impressions: Messing With the Best

iOS 7 for iPad First Impressions: Messing With the Best

Since its inception, the iPad has been the gold standard for tablets. Nothing else has come close, really. A lot of credit goes to iOS, which has ceded plenty of ground to Android on phones but remains easily the friendliest tablet software. So changing up iOS 7 means changing up the very best tablet OS there is. Here's how that's working out so far.

As usual, this comes with our standard "It's Just a Beta" forewarning. iOS 7 may be enough of an overhaul to make it fair to raise more questions than usual, but this is by no means a finished product. What Apple actually releases will almost certainly be substantively different from its current form.

That said, here's what we've noticed so far:

  • The "swipe from anywhere to unlock" tweak that was a nice little change for iPhone is a massive improvement for the iPad, where there is just more space. With a tablet, your hand is not always (rarely, actually) positioned to swipe a tiny bar at the bottom of the screen. Especially if you wake up your tablet from the top power button.
  • The Control Center is a spot where you'll notice Apple making the UI work for both phones and tablets. On a phone, your thumb is always within reach of the bottom. But on the iPad, you can use your thumbs to drag Control Center up from anywhere along the bottom of the screen. And doing it from the corners?where your thumbs probably are anyway?puts you right in position to change brightness or volume. It feels like it just fits.

iOS 7 for iPad First Impressions: Messing With the Best

  • Some gestures just don't make much sense anymore, though. The four-fingers-up to slide up the old multitasking tray, for example, is sort of confusing now. Why would sliding four fingers up make this sliding panel interface show up? It's still functional, but it loses that almost tactile feeling of sliding your fingers up and seeing a drawer pop out from the same direction.
  • More concerning (and also something that can easily be fixed before the public release) is that basic navigation is, for the first time in a while, sort of muddled. For example, if you enter a folder and want to exit it and return to the home screen, all you have to do is tap anywhere outside of the folder. That makes sense, and even if you don't know that that's how it works, you'll figure it out in a hurry. That "tap anywhere to return to where you were" usage disappears, though, when you use the new multitasking. You tap outside of the multitasking panels, and nothing happens, even though you're tapping on the same wallpaper as you were when using a folder.

iOS 7 for iPad First Impressions: Messing With the Best

  • iOS 7's multitasking in general makes a little less sense on a tablet than it does on a phone. For one, there is a ton of wasted space on the iPad's 4:3 display, and because the animations take longer to finish (and the panels can only move on one axis at a time), it's a little harder to manipulate.
  • The whole concept of multitasking in iOS 7 is also less tablet friendly. Before, you'd just slide the drawer up, and shift over to where you're at. One full screen app to another. Now you're shot off to some intermediary environment that can be jarring visually, and if you change your mind, you can't just return to your app by tapping 90 percent of your screen; you've got to swipe back to the left (since multitasking shifts you one to the right by default) and tap the tile for where you were. Overall, it feels less restful than iPads had previously.
  • Non-retina screens are not going to looks as great with iOS 7. The iPad Mini, which has a condensed but still sub-retina screen, looks mostly fine, and the thin typefaces are readable. Except, in certain instances they look sort of ugly?like in the new lighter-weight badges on apps like Mail or Newsstand. On a retina iPad or an iPhone, those look much better than the old style. But on the Mini (and presumably the iPad 2), they're pixelated and look sort of low rent. This will probably pop up in a few other places as well.
  • Animations, like returning to the home screen from an app, are running very sluggishly. Everything is running sluggishly on iPad Mini and iPad 3, actually, but again, this is a beta, so wait and see. This is more slowdown than usual, though, and again, because of how big a change iOS 7 is, it bears watching.
  • Parallax is there if you look for it, but it's not especially noticeable on day to day tablet use.
  • Some staples of iPad gestures?five-fingered pinch, four-fingered swipe to switch apps?are slightly muddled in beta. This usually wouldn't be something to bring up about unfinished software, but seems notable given the amount of changes going on, and the importance of these gestures. By themselves, these two gestures make using an iPad a totally better than other tablets. Right now, a few of the first party apps aren't recognizing them when you're interacting with a content layer (like an email in Mail). This will hopefully be fixed, but it will a big deal if it isn't.

iOS 7 is very nice. It adds a ton of features we've wanted for a while. But there are also some drawbacks beyond the bitching you've heard about icons and color scheme. Some of those will get cleaned up, but others, especially the iPad-centric, might just be the cost of going forward.

Source: http://gizmodo.com/ios-7-for-ipad-first-impressions-messing-with-the-best-598446530

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PFT: Hernandez clears waivers, now free agent

Aaron Hernandez, Michael FeeAP

At at time when the authorities and the Patriots have taken stunning and decisive action against Aaron Hernandez, the National Football League has done nothing.

The NFL will continue to do nothing, until it has a reason to do something.

?NFL clubs were advised today that if Aaron Hernandez enters into a player contract prior to the resolution of the charges pending against him, the contract will not be approved or take effect until Commissioner Roger Goodell holds a hearing,? the league said in a statement forwarded to PFT by NFL spokesman Greg Aiello.? ?The purpose of the hearing would be to determine whether Hernandez should be suspended or face other action prior to the charges being resolved.?

The league?s position makes sense.? Why suspend a guy who is unemployed, and currently unemployable?? The league?s stance makes teams even less likely to be interested in Hernandez, since it makes clear that, if anyone tries to give the guy a job, they?ll first have to deal with persuading Goodell to let them employ Hernandez.

As a result, Hernandez?s status won?t be relevant unless and until he is cleared on murder charges.? And things could get interesting if he?s acquitted in an O.J. Simpson-style outcome, where half of the country or more believes that, even though he was found not guilty, he still did it.

Source: http://profootballtalk.nbcsports.com/2013/06/27/aaron-hernandez-clears-waivers/related/

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Google Search Android app updated with location-based offers, voice-activated music playback

Google Search Android app updated with locationbased offers, voiceactivated music playback

Jelly Bean users running Android 4.1 or later can now snag a few more features with Google's Search app. The update (version number varies depending on your device) delivers three notable additions. The first tool pushes saved offers as you approach a redemption location, reminding you of forgotten deals when they're most relevant. Next up is a new voice action, which lets you control music playback -- both on your device and in the Play Store -- by speaking to your handset. (Voice action tips also make a debut with this refresh.) A third addition enables instant access to information about television programming you're currently consuming, assuming your HDTV is connected to the web and on the same WiFi network as your device. Get your download on at the source link below.

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Source: Google Play

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/9J0UVIOpzd0/

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Thursday 27 June 2013

US boss held in China leaves plant after payout

BEIJING (AP) ? An American boss detained nearly a week by his company's Chinese workers left the Beijing factory Thursday after he and a labor representative said the two sides had reached agreement in a pay dispute.

Chip Starnes, who said he was "saddened" by the experience, told The Associated Press a deal was reached overnight to pay the scores of workers who had demanded severance packages similar to ones given to laid-off co-workers in a phased-out division, even though the company said the remaining workers weren't being laid off.

The workers at the medical supply plant in Huairou district, on the outskirts of Beijing, said that the company owed them unpaid salary, that they believed the entire factory was shutting down and that they saw equipment being packed and itemized for shipping to India.

Starnes said the workers' demands were unjustified. Neither he nor district labor official Chu Lixiang gave details of the agreed compensation. Chu said all the workers would be terminated, although Starnes said some would be rehired later.

"It has been resolved to each side's satisfaction," Chu told reporters at the plant. She said they had been sorting out paperwork until 5 a.m. and that 97 workers had signed settlement agreements.

Starnes, a co-owner of Florida-based Specialty Medical Supplies, had quietly departed the factory grounds by the time Chu spoke, returning to his hotel in Beijing.

"Yes!! Out and back at hotel," Starnes wrote in a text message. "Showered.. 9 pounds lost during the ordeal!!!!!!"

Police in Huairou district had made no moves to halt the labor action but guarded the plant and said they were guaranteeing Starnes' safety while local labor officials brokered negotiations.

It is not rare in China for managers to be held by workers demanding back pay or other benefits, often from their Chinese owners. Police are reluctant to intervene, as they consider it a business dispute, and local officials typically are eager to see the matter resolved in a way least likely to fuel unrest.

The labor action reflected growing uneasiness among workers about their jobs amid China's slowing economic growth and the sense that growing labor costs make the country less attractive for some foreign-owned factories.

About 80 workers started blocking all exits starting last Friday, and Starnes had spoken to reporters in recent days through the barred window of his factory office.

Earlier Thursday, he said in a telephone interview that he had been forced to give in to what he considered unjustified demands. He summed up the past several days as "humiliating, embarrassing." At the beginning of his captivity, workers had deprived him of sleep by shining bright lights and banging on windows of his office, he said.

"We have transferred our funds from the U.S.," he said. "I am basically free to go when the funds hit the account here of the company."

Starnes told the AP he planned to get back to business, and even rehire some of the workers who had been holding him.

He previously said the company had been winding down its plastics division, with plans to move it to Mumbai. When he arrived in Beijing last week to lay off the last 30 people, workers in other divisions started demanding similar severance packages.

Source: http://news.yahoo.com/us-boss-held-china-leaves-plant-payout-044656354.html

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How a Fridge Full of Beer That Only Unlocks for Canadians Gets Made

As part of a recent ad campaign, Canadian beer company Molson Candian took a fridge full of its special adult beverage all around Europe to share with the thirsty masses. But there was a catch?the only way to unlock the boozy treasure was by scanning a Canadian passport. And though you may have already seen the commercial itself making the rounds these past few days, chances are you haven't seen what's actually the coolest part of the whole campaign?how a Canuck-specific cooler gets made.

Read more...

    


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/jiwkign2p3o/how-a-fridge-full-of-beer-that-only-unlocks-for-canadia-596858353

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Richard Matheson Dies; Prolific Author Was 87

Source: http://www.thehollywoodgossip.com/2013/06/richard-matheson-dies-prolific-author-was-87/

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Wednesday 26 June 2013

Carrefour considering sale of China, Taiwan businesses: report

(Reuters) - Carrefour SA the world's second largest retailer, is exploring a sale of its businesses in China and Taiwan, including a possible initial public offering in Hong Kong or a combination of some of those assets with another company, The Wall Street Journal reported on Monday, citing people familiar with the matter.

An IPO route could represent around $1 billion in funds, the Journal said, citing a source, adding that Carrefour's plans were still at a preliminary stage. (http://r.reuters.com/mug29t)

Carrefour has not hired bankers yet, The Wall Street Journal said, citing sources.

Carrefour declined to comment on the report.

The French group, which is Europe's largest retailer, has been struggling for years in Europe, partly due to a reliance on hypermarkets, which have been losing out as time-pressed shoppers buy more goods locally and online and prefer to buy general merchandise from specialists.

Carrefour has been exiting non-strategic markets to raise cash and to cut its debt. However, investors are concerned that the company is retreating from too many high-growth markets.

(Reporting by Karen Rebelo and Abhirup Roy in Bangalore; Additional reporting by Dominique Vidalon in Paris; Editing by Leslie Adler)

(This story is refiled to correct Reuters Instrument Code in first paragraph to from )

Source: http://news.yahoo.com/carrefour-considering-sale-china-taiwan-businesses-report-072259665.html

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Transformers 4 Cars: Pagani Huayra Joins the Fray

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This Is How Japan Trolls Google Street View

This Is How Japan Trolls Google Street View

Google Street View trolling is not new. People around the world love pulling hijinks when they see the Google Street View apparatus rolling down the street. Folks in Japan did some truly epic trolling.

Read more...

    


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/ewDOvNMQ4D8/this-is-how-japan-trolls-google-street-view-569742023

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Siri Actually Cares How Names Are Pronounced in iOS 7

Siri Actually Cares How Names Are Pronounced in iOS 7

In iOS 7, Siri's voice is becoming less robotic and more human (we'll have to wait and see if she's more useful). One of those improvements will be how she pronounces names. Instead of butchering your name or choppily spelling out letters of your friends' names, she'll be able to be 'taught' what the correct pronunciation is.

Read more...

    


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/LvBpJ9M8pRw/siri-actually-cares-how-names-are-pronounced-in-ios-7-567282774

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Tuesday 25 June 2013

HOME IMPROVEMENT WALTIP.COM: BIG BROTHER IS WATCHING

The following information is public information published on the internet concerning

Comment:
-AVCA- ADVOCAT INC. WALL STREET PROFITEERS . WHO PROFIT WHILE YOUR ELDERLY FAMILY MEMBERS SUFFER AND DIE.

Officers
William R. Council, IIIPresident and Chief Executive Officer

L. Glynn Riddle, Jr.Executive Vice President and Chief Financial Officer

Raymond L. Tyler, Jr.Senior Vice President of Nursing Home Operations

THIS ARTICLE WAS CUT AND PASTED FROM -- FORM 10-K-- FROM THE INTERNET HERE IS A LINK http://www.getfilings.com/o0000950144-04-003095.html

The Company cannot predict the likelihood, scope or outcome of any such investigations on its facilities. On August 5, 2002, the Company was served in a lawsuit filed by the State of Arkansas styled Arkansas v. Diversicare Leasing Corp. d/b/a Eureka Springs Nursing & Rehabilitation Center, et. al., case number 02-6822 in the Circuit Court of Pulaski County, Arkansas. The allegations against the Company include violations of the Arkansas Abuse of Adults Act and violation of the Arkansas Medicaid False Claims Act with respect to a resident of the Eureka Springs facility. This action is scheduled for trial on September 13, 2004. On February 18, 2004, the Company was served in six additional lawsuits filed by the State of Arkansas in the Circuit Court of Pulaski County, Arkansas. The six lawsuits involve fifteen patients at five nursing homes operated by the Company in Arkansas and also allege violations of the Arkansas Abuse of Adults Act and the Arkansas Medicaid False Claims Act. The six complaints, in the aggregate, seek actual damages totaling approximately $250,000 and fines and penalties in excess of $45 million. No trial date has been set in these six actions. However, the Company cannot currently predict with certainty the ultimate impact of the above cases on the Company?s financial condition, cash flows or results of operations. The Company intends to vigorously defend itself against the allegations in all of these lawsuits.

Comment:

DON'T BE SURPRISED IF THE STAFF AT PARKVIEW CARE CENTER WILL NOT GIVE YOU THE PHONE NUMBERS OF DIVERSICARE, OR ADVOCAT INC. CORPORATE OFFICE , THEY REFUSED TO GIVE THEM TO ME AFTER MY FATHER DIED . CONTACT ME AT WALTIP@GMAIL.COM with information as how your loved ones were treated while in the care of nursing homes in the Paris ,Texas, area, I will gladly post your comments on this site.

DIVERSICARE 1621 Galleria Blvd Brentwood, TN 37027(615) 771-7575 Map

Advocat Inc.1621 Galleria BoulevardBrentwood, TN 37027United States - Map Phone: 615-771-7575 Fax: 615-771-7409

KEY EXECUTIVES------

Mr. William R. Council III, 47Chief Exec. Officer, Pres and Exec. Director ---Mr. L. Glynn Riddle Jr., 49Chief Financial Officer, Principal Accounting Officer, Exec. VP and Sec. ---

Mr. Raymond L. Tyler Jr., 58Sr. VP of Nursing Home Operations --- Mr. Richard M. Brame , 55Director, Chairman of Compensation Committee, Member of Audit Committee and Chief Financial Officer of Covington Sr. Living LLC ---

Mr. Chad A. McCurdy , 40Director, Member of Audit Committee, Member of Nominating & Corp. Governance Committee and Managing Partner of Marlin Capital Partners LLC .

Comment : ADVOCAT INC. AND DIVERSICARE --
While you are counting your money , think about how you really operate your business, I have seen how you operate one of your facilities first hand. I believe you are heart less souls and you should have compassion. But im sure you will laugh at this article and giggle your way to the bank .
YOUR DAY WILL COME!

Source: http://waltip.blogspot.com/2013/06/big-brother-is-watching.html

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Supreme Court punts on affirmative-action case

The Supreme Court has surprised legal experts by declining to strike down the University of Texas' use of race in undergraduate admissions. On Monday, the justices sent the case back to a lower court for a rehearing, dodging a decision on whether affirmative-action policies at public colleges around the country are unconstitutional.

Justice Anthony Kennedy, the court's conservative-leaning swing vote, wrote the opinion for Fisher v. University of Texas, which was decided 7-1. Justice Ruth Bader Ginsburg, the court's liberal leader, dissented, arguing that the lower court's decision in favor of affirmative action should stand.

Kennedy said the federal Fifth Circuit must rehear the case to decide whether UT "offered sufficient evidence to prove that its admissions program is narrowly tailored to obtain the educational benefits of diversity." The court also requires the lower court to decide whether the college could use any "race neutral" means of creating a diverse campus before resorting to affirmative action, a slightly stricter standard than has been expressed by the court in the past.

"Strict scrutiny imposes on the university the ultimate burden of demonstrating, before turning to racial classifications, that available, workable race-neutral alternatives do not suffice," the justices wrote.

The decision comes as a surprise, since during oral arguments in the case in October, many of the conservative-leaning justices seemed poised to issue a broader ruling invalidating the use of race in admissions. Kennedy has also frequently expressed skepticism of affirmative-action programs.

"Affirmative action lives to see another day," Adam Winkler, a constitutional law expert at UCLA, told Yahoo News. "The Supreme Court seemed prepared to strike a real blow against affirmative action back in October. But the Fisher case reaffirms [previous] Supreme Court cases that allow universities to take race into account."

Abigail Noel Fisher brought suit against the University of Texas after she was denied admission in 2008. UT automatically admits Texans who graduate in the top 10 percent of their high school classes, but fills its remaining seats by judging applicants on a combination of GPA, test scores, race and other factors. Fisher claimed she was discriminated against because she is white when she was denied admission. The college argued that Fisher's GPA and standardized test scores made her inadmissible regardless of her race and that using race as one factor in admission helps it maintain a diverse student body.

The Supreme Court established in 2003 in Grutter v. Bollinger that universities could use race as a factor in admissions as long as they did not use quotas (for example, that 10 percent of the class must be black). The justices said affirmative action was still necessary to create a diverse student body, which it ruled was a compelling state interest. The majority wrote that they believed that in 25 years, affirmative action would no longer be necessary and should be stopped. This "sunset" provision was skewered by the four dissenting justices.

Justices Antonin Scalia and Clarence Thomas both wrote in concurring opinions that they would overrule Grutter on the grounds that it improperly allows publicly funded universities to discriminate on the basis of race. The conservative justices noted, however, that the plaintiffs in the Fisher case did not ask the court to overrule Grutter.

In a blistering dissent, Thomas wrote that universities' desire for a diverse student body is not necessary or pressing enough to justify affirmative action, which he describes as racial discrimination. Thomas compared the case for "racial tinkering" in admissions to arguments made by segregationists 60 years ago that "separate but equal" education would ultimately help black people. "The Constitution does not pander to faddish theories about whether race mixing is in the public interest," Thomas wrote. "The Equal Protection Clause strips States of all authority to use race as a factor in providing education."

The Fisher case was argued 10 months ago, and many legal experts were stumped as to why the justices were taking such an unusually long time to release an opinion. Winkler said he believes the 10-page opinion the justices ended up releasing "certainly did not take eight months to write," and that the court may have initially written a broader ruling that eventually fell apart due to internal court politics. The court has agreed to hear another case dealing with affirmative action next fall and may issue a broader decision then. That case deals with whether voters are allowed to ban affirmative action at state universities through ballot initiatives.

Justice Elena Kagan, a President Barack Obama appointee, recused herself from the case, most likely due to her work on it as solicitor general.

Source: http://news.yahoo.com/blogs/ticket/supreme-court-punts-affirmative-action-case-141850745.html

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AOL Reader beta officially available for your RSS-perusing needs (hands-on)

AOL Reader beta officially available for your RSSperusing needs handson

Wondering how AOL's RSS client will rank as a Google Reader replacement? Today's the day we find out, as the access doors to the AOL Reader beta have officially swung open. Feedly's been killing it for some weeks, and Digg's freemium setup is two days away -- but we couldn't resist getting an early taste of what our parent company (Disclaimer alert!) is cooking. Join us past the break where we've spilled all the details about this latest entrant in the field of feed readers.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/ElBVwvMTE1E/

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