Sunday, June 30, 2013

Our unlikely man in Moscow takes on Putin over human rights, spying and Snowden

Yuri Kochetkov / EPA file

U.S. Ambassador to Russia Michael McFaul leaves the Russian Foreign Ministry headquarters in Moscow, Russia, May 15 2013.

By Jim Maceda, Correspondent, NBC News

MOSCOW -- As fugitive National Security Agency leaker Edward Snowden evaded capture in Hong Kong and fled to Moscow, disappearing in an airport transit lounge, U.S. Ambassador to Russia Michael McFaul was on the front lines of efforts to arrest him.

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According to multiple accounts, McFaul tirelessly worked the phones and social media, focusing pressure on Russian President Vladimir Putin to "do the right thing" and hand over the 29-year-old?former NSA-contractor. Putin ? typically defiant ? refused.

It was an odd, confrontational role for a diplomat ??but then again, McFaul isn't a typical one.

Ever since the former Stanford University academic and Russia expert arrived?? about a year and a half ago ??in the Spaso House, the traditional residence for U.S. ambassadors, McFaul has been a lightning rod for Russian anger against the West, and specifically, America.

McFaul, a laid-back, 49-year-old Californian as fluent in Los Angeles Lakers basketball as he is in strategic nuclear arms, likes to say he is "no Cold War soldier."

But he hadn't even unpacked his bags when Russia?s main, Kremlin-controlled TV station Channel One ran a lead story about a group of opposition leaders lining up outside Spaso to meet the man who wrote a book titled "Russia?s Unfinished Revolution."

The reporter suggested McFaul had been appointed by President Barack Obama to finish that business.

McFaul has taken it all in stride: the angry chants of "Down with the U.S. Embassy" at pro-Putin demonstrations; the growing anti-Americanism of Putin?s third term as president; his crackdown on U.S. institutions like USAID and Voice of America; the evisceration of the anti-Putin movement and the jailing of its key leaders.

Recently, there has also been a?tit-for-tat over human rights, with Russians accused of abuses being banned from travel to the United States and Americans prohibited by the Kremlin from adopting Russian children.

Above it all is Russia?s military and financial support for Syrian strongman President Bashar Assad.

But, while many in the Obama administration have been criticized for doing little in the face of Putin?s surge, McFaul has turned into a prodigious blogger and tweeter, slowly winning over the hearts and minds of young Russians with his jovial chatter ??he often tweets in Russian.

For example, the tweet below in Russian says: "President Putin on Snowden: 'the faster he chooses the final destination point, the better it will be for us and for him.'"

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At the same time, McFaul also knows how to pick his fights. When a group of so-called "private security" agents raided the offices of the non-governmental organization For Human Rights and forcibly evicted 71-year-old activist Lev Ponomaryov, leaving him covered in cuts and bruises, McFaul took to Twitter and called the move "another case of intimidation of civil society."

The Putin regime has responded in kind. In May, just as the U.S. ambassador had launched the#AskMcFaul hashtag, a question-and-answer session on Twitter, he was bombarded with questions -- too many to be unplanned -- about the news that Russian authorities had detained a U.S. Embassy employee named Ryan Christopher Fogle.

Fogle allegedly tried to recruit a Russian intelligence agent for the CIA. McFaul managed to ignore the online harassment and focus for a full hour on the positive: good cooperation in law enforcement; the "reset" in U.S.-Russia relations; and his love of the opera. Fogle was later released.

And, this week, even as his boss, Deputy Secretary of State Bill Burns, was named point man for U.S. efforts to arrest Snowden, McFaul has unleashed his rapid-fire tweeting during the latest stand-off over Snowden?s fate. ?

Reacting to Putin?s claim that he couldn't extradite the American because there was no such treaty between the United States and Russia, McFaul fired off this reminder: "Over last 5 yrs US has returned 1,700 Russian citizens to Russia w/ 500+ of them being criminal deportations" ??a?shrewd talking point followed by more chatter about basketball.

In the end, Snowden may well escape, finding asylum in Ecuador or elsewhere. But it won?t be for lack of effort from America?s unlikely man in Moscow, battling ??and taking the knocks ??from behind the scenes.

Jim Maceda is an NBC News correspondent based in London, currently on assignment in Moscow.?

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Body spotted on Mt. Hood believed that of climber

(AP) ? Searchers are trying to reach a body on a Mount Hood glacier that was spotted by a helicopter crew looking for a missing climber.

The Clackamas County Sheriff's Office said officials believe the body is likely Kinley Adams, a 59-year-old Salem dentist who failed to return June 22 from a climb on the west side of Oregon's tallest mountain.

Oregon Army National Guard Blackhawk helicopter crews made the discovery Saturday at an altitude of about 8,400 feet, the sheriff's office said in a statement.

Because of extremely difficult terrain, a recovery effort was getting under way Sunday morning.

Avalanche risk from warming temperatures prevented rescue teams from climbing to the upper part of the 11,239-foot peak.

Adams is an experienced climber who had been making frequent trips to Mount Hood in preparation for a trip to Nepal. He is thought to have a cellphone, but searchers have been unable to pinpoint the signal. His mountain locator beacon was found at home, apparently with gear he was planning to take to Nepal.

He was reported missing June 22. His vehicle was found on the mountain at Timberline Lodge.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-06-30-Mount%20Hood%20Climber/id-d710e988ac5b48d6b68d8572e8d9e7d0

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Crowds march in Egypt, pushing for Morsi removal

An Egyptian protester waves a national flag as Egyptians gather in Tahrir Square during a demonstration against President Mohammed Morsi in Cairo, Sunday, June 30, 2013. Hundreds of thousands of opponents of Egypt's Islamist president poured out onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him. (AP Photo/Amr Nabil)

An Egyptian protester waves a national flag as Egyptians gather in Tahrir Square during a demonstration against President Mohammed Morsi in Cairo, Sunday, June 30, 2013. Hundreds of thousands of opponents of Egypt's Islamist president poured out onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him. (AP Photo/Amr Nabil)

Opponents of Egypt's Islamist President Mohammed Morsi protest outside the presidential palace in Cairo, Egypt, Sunday, June 30, 2013. Hundreds of thousands of opponents of Egypt's Islamist president poured out onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him. (AP Photo/Hassan Ammar)

Supporters of Egypt's Islamist President Mohammed Morsi hold sticks and shields as they rally in Nasser City, Cairo, Egypt, Sunday, June 30, 2013. Hundreds of thousands of opponents of Egypt's Islamist president poured out onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him.(AP Photo/Hassan Ammar)

Graffiti, including a caricature of President Mohammed Morsi, left and ousted President Hosni Munarak, is painted on the wall of a building across from the Ministry of Culture in Cairo, Egypt, Sunday, June 30, 2013. Hundreds of thousands of opponents of Egypt's Islamist president poured out onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him. The red Arabic words below the face drawing reads, "Whoever cost it didn't die." The Arabic next to the face drawing reads, "Down with the rule of sheep." The red and white Arabic reads, "The revolution is everywhere against the killer and the traitor." (AP Photo/Hiro Komae)

Opponents of Egypt's Islamist President Mohammed Morsi protest outside the presidential palace, in Cairo, Egypt, Sunday, June 30, 2013. Hundreds of thousands of opponents of Egypt's Islamist president poured out onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him.(AP Photo/Khalil Hamra)

(AP) ? Hundreds of thousands of opponents of Egypt's Islamist president poured onto the streets in Cairo and across much of the nation Sunday, launching an all-out push to force Mohammed Morsi from office on the one-year anniversary of his inauguration. Fears of violence were high, with Morsi's Islamist supporters vowing to defend him.

Nationwide, the rallies were among the most gigantic Egypt has seen in nearly 2 ? years of continuous upheaval, including during the square-packing, 18-day uprising that toppled autocrat Hosni Mubarak in early 2011.

Waving Egyptian flags and carrying posters of Morsi crossed out in red, crowds packed central Cairo's Tahrir square, the birthplace of anti-Mubarak, thunderous chants of "erhal!", or "leave!" rang out.

At the same time, a tidal wave of crowds marched on the Ittihadiya presidential palace, filling a broad boulevard for blocks and spilling over into nearby avenues. "You lied to us in the name of religion," some chanted, and others raised a banner proclaiming, "Morsi=Mubarak. Early presidential elections." The crowds hoisted long banners in the colors of the Egyptian flag and raised red cards ? a sign of expulsion in soccer.

Near Ittihadiya palace, thousands of Islamists gathered in a show of support for Morsi outside the Rabia al-Adawiya Mosque. Some Morsi backers wore homemade body armor and construction helmets and carried shields and clubs ? precautions, they said, against possible violence. Their crowd also swelled as sun went down and summer temperatures became more tolerable.

Up until nightfall, violence was limited to a few pockets in the provinces as the two sides largely stayed apart. The anti-Morsi protests had a festive, celebratory atmosphere, with many families with young children among the crowds of men, women and elderly.

In a potentially volatile confrontation after nightfall, however, several dozen youths attacked the headquarters of Morsi's Muslim Brotherhood on a plateau overlooking the capital. They threw stones and firebombs at the building, and people inside the walled villa fired at the attackers with birdshot, according to an Associated Press Television News cameraman at the scene. Earlier in the day, two offices belonging to the Brotherhood's Freedom and Justice party, were attacked and ransacked in the city of Bani Suef, south of Cairo.

The opposition's goal is to show through sheer numbers in the street that so much of the country has turned against Morsi, the country's first freely elected president, that he can no longer rule. Similarly sized crowds turned out in the Mediterranean city of Alexandria and the Nile Delta cities of Mansoura, Tanta and Damanhour, with sizeable rallies in cities nationwide.

"Mubarak took only 18 days although he had behind him the security, intelligence and a large sector of Egyptians. Morsi got all of us against him, even the army and police," said Amr Tawfeeq, an oil company employee marching toward Ittihadiya with a Christian friend. "He won't take long. We want him out and we are ready to pay the price."

Morsi, who has three years left in his term, has said he will not step down, saying street protests cannot be used to overturn the results of a free election.

"There is no room for any talk against this constitutional legitimacy," he told Britain's The Guardian newspaper in an interview published Sunday, rejecting early elections.

If an elected president is forced out, "well, there will (be) people or opponents opposing the new president too, and a week or a month later, they will ask him to step down," he said.

As the crowds massed, Morsi's spokesman repeated the president's longstanding offer of dialogue with the opposition to resolve the nation's political crisis, calling it "the only framework through which we can reach understandings."

"I cannot imagine any substitute for dialogue," said the spokesman Ihab Fahmi. The opposition has repeatedly turned down his offers for dialogue, arguing that they were for show.

There is a sense among opponents and supporters of Morsi that Sunday is a make-or-break day, hiking worries that the two camps will come to blows, even as each side insists it won't start violence. Already at least seven people, including an American, have been killed in clashes the past week, mainly in Nile Delta cities and the coastal city of Alexandria.

The confrontation is the culmination of polarization and instability that have been building since Morsi's June 30, 2012 inauguration as Egypt's first freely elected leader. The past year has seen multiple political crises, bouts of bloody clashes and a steadily worsening economy, with power outages, fuel shortages, rising prices and persistent lawlessness and crime.

In one camp are the president and his Islamist allies, including the Muslim Brotherhood and more hard-line groups. Morsi supporters accuse Mubarak loyalists of being behind the protests, aiming to overturn last year's election results, just as they argue that remnants of the old regime have sabotaged Morsi's attempts to deal with the nation's woes and bring reforms.

Hard-liners among them have also given the confrontation a sharply religious tone, denouncing Morsi's opponents as "enemies of God" and infidels.

On the other side is an array of secular and liberal Egyptians, moderate Muslims, Christians ? and what the opposition says is a broad sector of the general public that has turned against the Islamists. They say the Islamists have negated their election mandate by trying to monopolize power, infusing government with their supporters, forcing through a constitution they largely wrote and giving religious extremists a free hand, all while failing to manage the country.

With protesters from a range of social and economic levels in a festive atmosphere, the crowds resembled those from the 18 days of protests against Mubarak ? a resemblance the protesters sought to reinforce, chanting the slogan from that time: "The people want to topple the regime."

In Cairo, some marchers carried tents, planning to camp in Tahrir or outside the palace. Residents of nearby buildings sprinkled water down on the marchers to cool them in the punishing summer heat and waved flags and blew whistles in support.

"The country is only going backward (under Morsi). He's embarrassing us and making people hate Islam," said Donia Rashad, a 24-year-old unemployed woman who wears the conservative Islamic headscarf. "We need someone who can feel the people and is agreeable to the majority," added Rashad, who wore a tiny tiara in the letters of "erhal."

"Today is the Brotherhood's last day in power," said Suliman Mohammed, a manager of a seafood company who was protesting at Tahrir, where crowds appeared to approach 300,000 after nightfall.

"I came here today because Morsi did not accomplish any of the (2011) revolution's goals. I don't need anything for myself, but the needs of the poor were not met."

At the pro-Morsi rally at the Rabia al-Adawiya Mosque, the crowd chanted, "God is great," and some held up copies of Islam's holy book, the Quran.

"The people hold the legitimacy and we support Dr. Mohamed Morsi," Ahmed Ramadan, one of those at the rally said. "We would like to tell him not to be affected by the opponents' protests and not to give up his rights we are here to support and protect him."

Underlining the potential for deadly violence, a flurry of police reports on Sunday spoke of the seizure of firearms, explosives and even artillery shells in various locations of the country, including Alexandria and the outskirts of Cairo. Banks closed early and most government offices shut down on Sunday, a work day in Egypt.

The opposition protests emerge from a petition campaign by a youth activist group known as Tamarod, Arabic for "Rebel." For several months, the group has been collecting signatures on a call for Morsi to step down.

On Saturday the group announced it had more than 22 million signatures ? proof, it claims, that a broad sector of the public no longer wants Morsi in office.

It was not possible to verify the claim. If true, it would be nearly twice the around 13 million people who voted for Morsi in last year's presidential run-off election, which he won with around 52 percent of the vote. Tamarod organizers said they discarded about 100,000 signed forms because they were duplicates.

Morsi's supporters have questioned the authenticity and validity of the signatures, but have produced no evidence of fraud.

Adding to his troubles, eight lawmakers from the country's interim legislature announced their resignation Saturday to protest Morsi's policies. The 270-seat chamber was elected early last year by less than 10 percent of Egypt's eligible voters, and is dominated by Islamists.

A legal adviser to Morsi also announced his resignation late Saturday in protest of what he said was Morsi's insult of judges in his latest speech on Wednesday.

A week ago, with the public sense of worry growing over the upcoming confrontation, Defense Minister Gen. Abdel-Fattah el-Sissi last week gave the president and his opponents a week to reach a compromise. He warned that the military would intervene to prevent the nation from entering a "dark tunnel."

Army troops backed by armored vehicles were deployed Sunday in some of Cairo's suburbs, with soldiers, some in combat gear, stood at traffic lights and major intersections. Army helicopters flew over Cairo on several occasions on Sunday, adding to the day's sense of foreboding. The aircraft were loudly cheered every time they flew over Tahrir.

Morsi had called for national reconciliation talks in a Wednesday speech but offered no specifics. Opposition leaders dismissed the call as cosmetics.

Asked by The Guardian whether he was confident that the army would not intervene if the country becomes ungovernable, Morsi replied, "Very."

The Egyptian leader, however, said he did not know in advance of el-Sissi's comments last week.

____

AP reporters Tony G. Gabriel and Mariam Rizk contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2013-06-30-Egypt/id-94b127d3ff9f440da62e0293fde1f1eb

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Saturday, June 29, 2013

Davis Chides Perry, Says She'll Fight to Stop Abortion Bill (ABC News)

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Ask Engadget: best (cheap!) video recording goggles?

Ask Engadget best cheap! video recording goggles

We know you've got questions, and if you're brave enough to ask the world for answers, then here's the outlet to do so. This week's Ask Engadget inquiry is from James, who wants to experiment with life-logging on the cheap. If you're looking to ask one of your own, drop us a line at ask [at] engadget [dawt] com.

"I like the idea of being able to record stuff with your glasses, but not spending $1,500 on Google Glass to do it. Can you and the folks suggest a pair of glasses or goggles that will do the same job for a tiny fraction of the price?"

In our limited experience, Pivothead's Durango is available for $349, but beyond that, the field's a bit limited. ZionEyez Zeyez still doesn't have an ETA for its products and SunnyCam's ultra-low cost recording goggles won't make it to the US until later this year. Let's turn this question over to our audience, who, we're sure will have some better and cheaper suggestions.

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Neighbor testifies about Martin-Zimmerman fight

SANFORD, Fla. (AP) ? A neighbor of George Zimmerman who had perhaps the best view of the struggle between the neighborhood watch volunteer and Trayvon Martin testified at Zimmerman's murder trial Friday that it appeared the unarmed teen was straddling Zimmerman during their confrontation.

However, Jonathan Good said he did not see anyone's head being slammed into the concrete sidewalk, which Zimmerman has said Martin did to him. Good initially testified that it appeared "there were strikes being thrown, punches being thrown," but during detailed questioning he said he saw only "downward" arm movements being made.

Zimmerman has claimed that he fatally shot 17-year-old Martin last year in self-defense as the Miami-area teen was banging his head into the concrete sidewalk behind the townhomes in a gated community.

But under prosecution questioning, Jonathan Good said he never saw anyone being attacked that way during the fight between Zimmerman and Martin.

"I couldn't see that," Good said moments later while being cross-examined.

Good, the second person to take the witness stand Friday, said he heard a noise behind his townhome in February 2012, and he saw what looked like a tussle when he stepped out onto his patio to see what was happening.

He said he yelled, "What's going on? Stop it."

Good testified he saw a person in black clothing on top of another person with "white or red" clothing. He said he couldn't see faces but it looked like the person on the bottom had lighter skin. Martin was black and was wearing a dark hoodie. Zimmerman identifies as Hispanic and was wearing a red jacket.

"It looked like there were strikes being thrown, punches being thrown," Good said.

Later, under cross-examination, he said that it looked like the person on top was straddling the person on bottom in a mixed-martial arts move known as "ground and pound." When defense attorney Mark O'Mara asked him if the person on top was Martin, Good said, "Correct, that's what it looked like."

Good also said the person on the bottom yelled for help.

During cross-examination, O'Mara got on his knees to recreate the fighting as he asked Good to walk him through it.

Good was in the middle of dialing 911 inside his townhome when he heard a gunshot, he said.

Zimmerman, 29, could get life in prison if convicted of second-degree murder. Zimmerman followed Martin in his truck and called a police dispatch number before he and the teen got into a fight.

Zimmerman has denied the confrontation had anything to do with race, as Martin's family and their supporters have claimed.

Before Good testified, a worker at a video surveillance company that maintains cameras at the townhome community took the witness stand. A prosecutor played two videos from surveillance cameras; one showed what looks like a person walking past a window at the complex's clubhouse, and another showed what looks like someone with a flashlight by the complex's mailboxes.

Greg McKinney said the digital clock on the video is off by 18 minutes, a point O'Mara hammered home by getting McKinney to concede the timing difference was inexact and could be more than 18 minutes.

Jurors already have been shown some of the state's biggest pieces of evidence, including the 911 call featuring cries for help prosecutors believe came from Martin.

On Thursday, a friend of Martin who had been on the phone with him when he was shot testified about what she heard during his confrontation with Zimmerman.

___

Follow Kyle Hightower on Twitter at http://twitter.com/KHightower

Follow Mike Schneider on Twitter at http://twitter.com/MikeSchneiderAP

Source: http://news.yahoo.com/neighbor-testifies-martin-zimmerman-fight-142241374.html

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Bombs hit checkpoint in western Iraq, killing 11

BAGHDAD (AP) ? Iraqi officials say two bombs have exploded near a checkpoint run by government-allied Sunni militiamen in western Iraq, killing at least 11 people.

Police say the blasts struck near a checkpoint run by Sahwa members in the village of Zangoura, south of the former insurgent stronghold of Ramadi, 115 kilometers (70 miles) west of Baghdad.

Police and hospital officials say 22 people were wounded in the attack.

All officials spoke on condition of anonymity because they were not authorized to talk to the media.

Sahwa militiamen joined forces with U.S. troops to fight al-Qaida during the Iraq War. Since then, the group has been a target for Sunni insurgents who consider its members traitors.

Source: http://news.yahoo.com/bombs-hit-checkpoint-western-iraq-killing-11-124756860.html

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Friday, June 28, 2013

The Daily Roundup for 06.27.2013

You might say the day is never really done in consumer technology news. Your workday, however, hopefully draws to a close at some point. This is the Daily Roundup on Engadget, a quick peek back at the top headlines for the past 24 hours -- all handpicked by the editors here at the site. Click on through the break, and enjoy.

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Power for seaports may be the next job for hydrogen fuel cells

June 27, 2013 ? Providing auxiliary hydrogen power to docked or anchored ships may soon be added to the list of ways in which hydrogen fuel cells can provide efficient, emissions-free energy.

Hydrogen fuel cells are already powering mobile lighting systems, forklifts, emergency backup systems and light-duty trucks, among other applications. Now, researchers at Sandia National Laboratories have found that hydrogen fuel cells may be both technically feasible and commercially attractive as a clean, quiet and efficient power source for ships at berth, replacing on-board diesel generators.

The Sandia study was completed for the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy (EERE).

Auxiliary power to docked ships, usually provided by on-board diesel engines, is a significant source of greenhouse gas emissions and air pollution, accounting for one-third to one-half of the in-port emissions attributed to ocean-going vessels. According to a 2004 study by the Natural Resources Defense Council, average daily emissions for a busy port could exceed the total emissions from nearly 500,000 vehicles.

Evaluating fuel cell barges at western U.S. ports

The study evaluated a simple fuel cell strategy that consists of mounting a hydrogen-fueled proton exchange membrane (PEM) fuel cell on a floating barge. Supplying a container ship with average power and run times (1.4 megawatts over 48 hours) requires four 40-ft containers, two for the fuel cell and two for hydrogen fuel storage, which could readily fit on a typical flat-top barge. For ships requiring less power, such as tugboats, a single container housing both the fuel cell and hydrogen will suffice, according to the Sandia study.

To evaluate the feasibility of the fuel cell barge strategy and analyze potential deployment options, Sandia's Joe Pratt visited ports up and down the West Coast and in Hawaii. He gathered data from two U.S. Department of Transportation Maritime Administration facilities and the ports of Long Beach, Calif., Los Angeles, Calif., Oakland, Calif., Portland, Ore., Tacoma, Wash., Honolulu, Hawaii and Seattle, Wash.

"While Sandia has previously examined the potential for hydrogen and fuel cells in other applications, this is the first study of a maritime environment," Pratt said.

Cheaper, cleaner than grid-based "cold-ironing"

A common alternative to auxiliary diesel engines is a practice called "cold-ironing," in which a vessel at berth connects to a source of electricity on the shore. (The engine, made of steel or iron, literally becomes cold, hence the name.) Electricity supplied by a hydrogen fuel cell thus could become a new form of cold-ironing.

The U.S. Navy has been employing grid-based cold-ironing for many years to save fuel. Ports in California are now turning to the practice to meet the state's environmental regulations. While only a few berths have grid-based cold-ironing, ports throughout California are installing infrastructure to meet the state Air Resources Board's regulations that take effect in 2014.

But grid-based cold-ironing is complex and costly, and most ports lack the infrastructure needed to meet the power needs of multiple ships at berth. Those costs can run up to $5-10 million or more per berth, said Pratt. The Port of Oakland is installing 11 berths on six terminals at an estimated cost of about $70 million.

In addition, switching to grid-based power doesn't eliminate emissions. Instead, that approach shifts the emissions to the source of electricity. Depending on the electricity source, the overall reduction in emissions can be relatively small.

Many potential deployment options, economic benefits

The hydrogen fuel cell barge bypasses the need for electrical infrastructure. The barge also has the capability of being moved from berth to berth as needed and to anchorage points to power vessels that are waiting for berths.

"In California, ports are already installing the necessary infrastructure for cold-ironing because of the regulations introduced a few years ago," said Pratt. "So hydrogen fuel cell auxiliary power has the opportunity for greater impact elsewhere. While this was an unexpected finding, we discovered other locations and applications for hydrogen fuel cell power."

At ports in Oregon and Washington, grid-based cold ironing infrastructure is limited or nonexistent. Using a hydrogen fuel cell to power container ships at berth has attracted interest for its potential economic and environmental benefits, Pratt said, and he continues to work with those ports on quantifying the benefits and deployment options.

Hawaii's Honolulu Harbor in Oahu had a different need. Much of the cargo is unloaded and then reloaded onto barges for distribution to the other islands. As the barges have no power, they carry diesel generators to provide power to shipping containers that require refrigeration, known as "reefers."

"You can replace the diesel generator with a hydrogen fuel cell without changing the operations. It's just a power source in a box, a shipping container in this case," said Pratt. Hawaii ports aren't facing the same emissions regulations as California ports, but the potential savings in fuel cost is attractive for the company operating the inter-island transportation service, along with anyone else suffering from high fuel expenses.

The study's basic fuel cost analysis showed that at today's prices hydrogen, at about $4 per kilogram, with a fuel cell is cost-competitive with maritime fuels using a combustion engine. Subsequent analysis has shown that when generators are frequently producing less than maximum power, such as in the Hawaii application, the efficiency advantage of fuel cells compared to the combustion engine is widened. Even hydrogen at $5 per kilogram can potentially save tens of thousands of dollars per year for each generator.

"Fuel cost is only part of the total economic picture," Pratt said.

He is now developing a detailed plan for the Hawaiian interisland transport barge application. "A successful deployment of the containerized fuel cell on a floating platform in a typical marine environment will be useful not only in this particular service, but also because it validates the concept for the larger, container-ship-sized application," Pratt said. "It's challenging on many levels, but technically feasible with potential worldwide commercial impact."

Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/M4Yd38LGiIA/130627082713.htm

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Thursday, June 27, 2013

Mexico breaks silence on US immigration bill: 'Walls aren't the solution'

Mexico has been quiet in recent years on the US immigration debate after former President Vicente Fox's vocal push for US reform prompted criticism.

By Lauren Villagran,?Correspondent / June 26, 2013

The Arizona-Mexico border fence near Naco, Arizona, March 29. Mexico breaks its silence on the US immigration reform debate this week, declaring that 'walls aren?t the solution.'

Samantha Sais/Reuters

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Mexico broke its silence on the United States immigration reform debate this week, declaring that ?walls aren?t the solution.?

Skip to next paragraph Lauren Villagran

Mexico Correspondent

Lauren Villagran is a freelance correspondent in Mexico City for The Christian Science Monitor and other publications. Previously, she worked for the Associated Press in New York. She holds a degree from the Medill School of Journalism at Northwestern University.

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US lawmakers are considering extending the border fence as part of the added security measures that would accompany plans to provide legal status to more than 11 million immigrants, the majority of them Mexican.

Foreign Minister Jos? Antonio Meade said the legislation would benefit Mexico?s countrymen in the US. But he also warned that the proposed fence extension could impact commerce, and the enormous legal flow of products and people across the border each day.

?Walls aren?t the solution to the migratory phenomenon, and they aren?t congruent with a modern and secure border,? he told media on Tuesday. ?They don?t contribute to the development of the competitive region that both countries want to encourage.?

Seventy percent of bilateral commerce happens over the border via trucks, and it?s worth $1 million per minute, Mr. Meade said. More than 1 million people cross the US-Mexico border legally every day.

Mexico has been publicly quiet in recent years on the US debate over immigration reform after former President Vicente Fox's vocal push for US reform appeared to some to be an overreach. He made specific demands, including wanting to see reform by "year end." That was in early September 2001, days before the 9/11 terrorist attacks that would set the country on a new course and see immigration reform fall by the wayside.

During the current US debate, the Mexican government has kept mum ??at least publicly ??on the legislation, saying the debate is an internal domestic issue. But Meade said that Mexico has sustained a ?permanent dialogue? with everyone involved since lawmakers began crafting the bill.

?Our country has let the United States government know that measures that could affect links between [border] communities detract from the principles of shared responsibility and neighborliness that both nations agreed upon.?

On the issue of shared responsibility: Over the past year, Mexico has found itself in the uncomfortable position of deterring increased illegal immigration through its own territory.

Illegal immigration between Mexico and the US fell to net zero last year, meaning that the number of crossers and returnees roughly canceled each other. However, in Texas? Rio Grande Valley, US authorities saw an increase in apprehensions of migrants ??the vast majority from Honduras, Guatemala, and El Salvador, according to a report by the Washington Office on Latin America. Mexico recently announced that Marines would take over securing its southern border.

As the US debate over the Border Security, Economic Opportunity and Immigration Modernization Act of 2013 gains steam, Meade noted Mexico?s requests are rooted in its desire for stronger economic development. These include the modernization of the infrastructure and administration of border ports of entry and measures that better facilitate the transit of products and people.

During last month?s meeting in Mexico, Presidents Enrique Pe?a Nieto and Barack Obama promoted the idea of a unified economic region saying they could better compete globally, together.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/7OZNkVDQZ-o/Mexico-breaks-silence-on-US-immigration-bill-Walls-aren-t-the-solution

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Despicable Me 2 TV Spot: WiFi Troubles!

Source: http://www.thehollywoodgossip.com/2013/06/despicable-me-2-tv-spot-wifi-troubles/

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Driver of bus that hit Mass. house was new to job

AUBURN, Mass. (AP) ? The man driving a regional transit bus that crashed into a house in central Massachusetts earlier this week was on his first day of service.

The Telegram & Gazette reports (http://bit.ly/1227YGh) that the driver of the bus was 27-year-old Francis Artey of Worcester (WUS'-tur).

Worcester Regional Transit Authority official John Carney says Artey went through a rigorous, eight-week training program before "driving in service" for the first time Monday. Carney says Artey was an experienced school bus driver with a stellar driving record.

Police say it appears the brakes weren't applied before the bus smashed into the house in Auburn. They say Artey may have had a medical problem, or there may have been a mechanical problem with the bus.

The crash remains under investigation. Artey was hospitalized with fractures and cuts. No other serious injuries were reported.

Source: http://news.yahoo.com/driver-bus-hit-mass-house-job-111859560.html

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U.S. New Home Sales Hit Fastest Pace in 5 years ... - AOL Real Estate

A builder lays carries bricks on a construction site for residential housing   Photographer: Chris Ratcliffe/Bloomberg
Getty Images
By MARTIN CRUTSINGER

WASHINGTON - Sales of new homes rose in May to the fastest pace in five years, a solid gain that added to signs of a steadily improving housing market.

New home sales rose 2.1 percent last month compared with April to a seasonally adjusted annual rate of 476,000, the highest level since July 2008, the Commerce Department reported Tuesday.

The median price of a new home sold in May was $263,900, up 3.3 percent from a year ago.

Sales of new homes remain below the 700,000 annual rate that's considered healthy by most economists. But the pace has increased 29 percent from a year ago.

Analysts say the housing recovery is looking more sustainable and should continue to boost economic growth this year, offsetting some drag from higher taxes and federal spending cuts.

The sales gains in May were led by a 40.7 percent increase in the Midwest followed by a 20.7 percent gain in the Northeast. Sales were also up 3.6 percent in the West but they fell 9 percent in the South.

The inventory of unsold homes rose 2.5 percent to 161,000 in May, the highest level since August 2011 but still just 13 percent higher than the record low for inventories set in July 2012. Prices of new homes have been rising in part because more people are bidding on a limited number of homes.

The National Association of Realtors reported last week that sales of previously occupied homes surpassed 5 million in May. It was the first time that's happened in 3? years.

Sales of previously owned homes rose to an annual rate of 5.18 million in May. The last time sales had exceeded 5 million was in November 2009, a month when the pending expiration of a home-buying tax credit briefly inflated sales

Steady hiring and low mortgage rates have encouraged more people to buy homes. And with demand up, prices rising and few homes on the market, builders have grown more optimistic about their prospects, leading to more construction and jobs.

Last week, Federal Reserve Chairman Ben Bernanke cited the housing gains as a major reason the Fed's economic outlook has brightened.

Still, mortgage rates have jumped in recent weeks. And they're expected to rise further now that the Fed has signaled it plans to scale back its bond purchases this year if the economy continues to strengthen. A pullback in the bond purchases would likely send long-term borrowing rates up. Higher mortgage rates could slow some of the housing market's momentum.

For now, a brighter outlook for housing has made builders more optimistic. The National Association of Home Builders/Wells Fargo builder sentiment index rose in June to 52, up from 44 in May.

That was the highest reading in more than seven years and the largest monthly increase in more than a decade. A reading above 50 indicates that more builders view sales conditions as good rather than poor.

  • <p><strong>Cost of living index:</strong> 87.7</p> <p><strong>Percentage of people over age 65: </strong>10.2 percent</p> <p><strong>Cost of a doctor's visit</strong><strong>:</strong> $79</p> <p>Nashville's average temperature is just shy of 60 degrees. Plus, the city made <a href="http://www.cntraveler.com/daily-traveler/2013/01/today-show-top-travel-destinations-2013-010113">Conde Nast's list of the five best places to go in 2013</a> for its trendy food and famous music.<br /> &nbsp;</p> <p>By <a href="http://www.businessinsider.com/" target="_blank">Business Insider</a></p>
  • <p><strong>Cost of living index:</strong> 93.8</p> <p><strong>Percentage of people over age 65: </strong>11.9 percent</p> <p><strong>Cost of a doctor's visit</strong><strong>:</strong> $100</p> <p>Tucson received higher marks for walkability than most cities on the list. It has plenty of nearby <a href="http://www.visittucson.org/things-to-do/hiking/">hiking trails</a> and <a href="http://www.visittucson.org/things-to-do/birding/">birdwatching locations</a>.<br /> &nbsp;</p> <p>By <a href="http://www.businessinsider.com/" target="_blank">Business Insider</a></p>
  • <p><strong>Cost of living index:</strong> 91.6</p> <p><strong>Percentage of people over age 65: </strong>12.6 percent</p> <p><strong>Cost of a doctor's visit</strong><strong>:</strong> $83</p> <p>Behind Miami, Louisville has the second-highest concentration of people over 65 noted on the list. The city has also been named one of the <a href="http://www.louisvilleky.gov/mayor/news/2007/12-04-07-safestcity.htm">country's safest cities</a> and is home to the Kentucky Derby.<br /> &nbsp;</p> <p>By <a href="http://www.businessinsider.com/" target="_blank">Business Insider</a></p> </div>
  • <p><strong>Cost of living index:</strong> 87.7</p> <p><strong>Percentage of people over age 65: </strong>10.4 percent</p> <p><strong>Cost of a doctor's visit</strong><strong>:</strong> $98</p> <p>San Antonio had one of the lower costs of living in the Top Ten. The city is home to <a href="http://money.cnn.com/magazines/moneymag/bpretire/2007/snapshots/PL4865000.html">almost 20,000 acres of parks</a> and 65 golf courses.<br /> &nbsp;</p> <p>By <a href="http://www.businessinsider.com/" target="_blank">Business Insider</a></p> </div>
  • <p><strong>Cost of living index:</strong> 90.5</p> <p><strong>Percentage of people over age 65: </strong>11.8 percent</p> <p><strong>Cost of a doctor's visit</strong><strong>:</strong> $85</p> <p>Oklahoma City might not have crossed your radar when searching for a retiree spot. But nearly 12 percent of residents are over 65 and the city's <a href="http://welcometobricktown.com/">Bricktown Entertainment District</a> is known for its sports, shopping and dining.<br /> &nbsp;</p> <p>By <a href="http://www.businessinsider.com/" target="_blank">Business Insider</a></p> </div>
  • <p><strong>Cost of living index:</strong> 85.6</p> <p><strong>Percentage of people over age 65: </strong>10.3 percent</p> <p><strong>Cost of a doctor's visit</strong><strong>:</strong> $75</p> <p>Memphis has the lowest cost of living recorded on the Nerdwallet list. And it's warmer than you would think, with an average temperature of 62 degrees.<br /> &nbsp;</p> <p>By <a href="http://www.businessinsider.com/" target="_blank">Business Insider</a></p> </div>
  • <p><strong>Cost of living index:</strong> <span>92.2</span></p> <p><strong>Percentage of people over age 65: </strong>11 percent</p> <p><strong>Cost of a doctor's visit</strong><strong>:</strong> $85</p> <p>Tampa also is known for its warm weather, with an average temperature of 73 degrees. And the city's only about an hour and a half's drive to Orlando if visitors want to check out Disney World.<br /> &nbsp;</p> <p>By <a href="http://www.businessinsider.com/" target="_blank">Business Insider</a></p> </div>
  • <p><strong>Cost of living index:</strong> <span>95.7</span></p> <p><strong>Percentage of people over age 65: </strong>10.9 percent</p> <p><strong>Cost of a doctor's visit</strong><strong>:</strong> $67</p> <p>Jacksonville has the lowest cost for a doctor's visit on Nerdwallet's top ten list at $67. The city also has 20 miles of beaches along the coast.<br /> &nbsp;</p> <p>By <a href="http://www.businessinsider.com/" target="_blank">Business Insider</a></p> </div>
  • <p><strong>Cost of living index:</strong> 94.6</p> <p><strong>Percentage of people over age 65: </strong>11.2 percent</p> <p><strong>Cost of a doctor's visit</strong><strong>:</strong> $74</p> <p>El Paso has the lowest annual price for hiring an in-home service to take care of your shopping, cooking or cleaning needs, at slightly more than $30,000. The city is also known for its <a href="http://www.tpwd.state.tx.us/state-parks/hueco-tanks">scenic Hueco Tanks state historic site</a> and authentic just-north-of-the-border food.<br /> &nbsp;</p> <p>By <a href="http://www.businessinsider.com/" target="_blank">Business Insider</a></p>
  • <p><strong>Cost of living index:</strong> 108.1<strong> </strong></p> <p><strong>Percentage of people over age 65: </strong>16 percent</p> <p><strong>Cost of a doctor's visit</strong><strong style="line-height: 1.5em;">:</strong> $107</p> <p>The city has the highest percentage of people 65-plus on the list, so you're bound to be in good company. It also received stellar marks for walkability and has the warmest average temperature on the list at a balmy 76 degrees. </p><br /> <p>By <a href="http://www.businessinsider.com/" target="_blank">Business Insider</a></p> </div>
  • <p></p> <p><a href="http://www.businessinsider.com/americans-are-worried-about-retirement-2013-3?op=1#ixzz2PPsP2m6X">Americans Have Good Reason To Be Worried About Retirement</a></p> <p><a href="http://www.businessinsider.com/americans-wasting-thousands-on-groceries-2013-3#ixzz2PPsVy4UZ">There's No Reason Americans Should Be Wasting So Much Cash At The Grocery Store</a></p> <p><a href="http://www.businessinsider.com/man-buys-nearly-200-foreclosed-homes-2013-4#ixzz2PPsc3rTV">This Man Bought 200 Foreclosed Homes To Save His Hometown From Ruin</a></p>

Source: http://realestate.aol.com/blog/2013/06/25/u-s-new-home-sales-hit-fastest-pace-in-5-years/

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Wednesday, June 26, 2013

Study: Majority of Organizations Committed to Risk-Based Security ...

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Tripwire announced the first installment of an extensive survey on the state of risk-based security management with the Ponemon Institute.

The survey covers risk-based security management program governance and maturity and includes 749 U.S. and 571 U.K. respondents from the following areas: IT security, IT operations, IT risk management, business operations, compliance/internal audit and enterprise risk management.

?The findings from this report strongly indicate that risk-based security management is still viewed as an IT or security task instead of a business task,? noted Dr. Larry Ponemon, chairman and founder of the Ponemon Institute.

?Unfortunately, the full value of a risk-based approach to security can only be realized when senior business leaders fully participate in the process.?

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Key findings from the survey include:

  • 81 percent rated their organization?s commitment to risk-based security management as ?significant? or ?very significant?
  • 88 percent identified the protection of intellectual property and 78 percent identified the minimization of non-compliance as a key business objectives for risk-based security programs
  • 60 percent say that risk-based security management helps align security programs with business objectives

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However:

  • 46 percent say their organization?s approach or strategy for risk-based security management is non-existent or ?ad-hoc?
  • 62 percent say that the business has little or no input involvement in providing risk-based analysis
  • 47 percent don?t have a risk-based security management program or most program activities have not been deployed
  • Only 29 percent have a security risk management strategy that is applied consistently across the enterprise

?There?s a big gap between risk-based security program commitment and how organizations are actually operating,? noted Elizabeth Ireland, vice president of product marketing for Tripwire.

?This could be because many organizations haven?t fully connected the importance of their cybersecurity program to their top-level business risks despite the rapid increase in cybersecurity threats.?

The complete survey results will be released in five parts over the next two months and will cover the following topics:

  • Risk-based security management maturity and governance
  • The value of risk-based security metrics
  • Key metrics for risk-based security
  • Risk-based security controls and spending
  • Risk-based security collaboration, communication and culture

For more information about the survey please visit: http://www.tripwire.com/ponemon/2013

?

Title Image courtesy of ShutterStock


Tags: Connecting Security to the Business, Enterprise Security, intellectual property, Ponemon, Regulatory Compliance, Report, research, risk analysis, Risk management, Risk-Based Security Management

Categories: Risk Management


This post was written by?

Shelley Boose has contributed 9 posts to The State of Security.

Contact Shelley Boose

Shelley Boose is the Public Relations Director for Tripwire, and possesses the unique ability to effectively facilitate the production of PR and media material from a wide variety of resources. Shelley has extensive professional relationships with top journalists from a wide number of publications, and with her more than fifteen years of experience in the PR game, she is an important part of Tripwire's corporate communications team.

Source: http://www.tripwire.com/state-of-security/it-security-data-protection/risk-mgmt/study-majority-of-organizations-committed-to-risk-based-security-management/?utm_source=rss&utm_medium=rss&utm_campaign=study-majority-of-organizations-committed-to-risk-based-security-management

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Kris Jenner Shares the Meaning Behind North?s Name

"The way [Kim] explained it to me was that North means highest power and she says that North is their highest point together."

Source: http://feeds.celebritybabies.com/~r/celebrity-babies/~3/WUJxRXWWMHw/

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Tuesday, June 25, 2013

Officials: Attacks in Iraq kill at least 10

BAGHDAD (AP) ? Attacks on Monday across Iraq, including car bomb blasts near markets around Baghdad, killed at least 10 people and wounded dozens of others, officials said.

The attacks were the latest in a wave of violence that has claimed more than 2,000 lives since the beginning of April. Militants, building on Sunni discontent with the Shiite-led government, appear to have grown stronger in central and northern Iraq.

The deadliest attack came just after sunset, when a car bomb exploded near an outdoor market in the Shiite suburb of Nahrawan, killing four civilians and wounding 15 others.

Minutes later, a car bomb went off near a market in the Shiite-majority neighborhood of New Baghdad. Police said that three people were killed and 10 others were wounded.

In the morning, a provincial police officer in Ninevah said a suicide attacker rammed his explosives-laden car into an army patrol in the city of Mosul, killing a soldier and a police officer. He said that seven people, including two civilians, were wounded. Mosul is 360 kilometers (220 miles) northwest of Baghdad.

Another officer said a second bomber blew set off his explosive-rigged belt inside a university campus in the city of Tikrit, killing a police officer. The city is 130 kilometers (80 miles) north of Baghdad.

Two medical officials confirmed casualty figures. All spoke anonymously as they were not authorized to release information to reporters.

There was no immediate claim of responsibility, but security forces and Shiite residents are frequently targeted by al-Qaida's Iraq branch.

The violence came as tens of thousands of Shiites poured into the holy city of Karbala, 80 kilometers (50 miles) south of Baghdad, for the annual festival of Shabaniyah, marking the anniversary of the birth of the ninth-century Shiite leader known as the Hidden Imam. Tight security measures were in force to try to prevent insurgent attacks on the worshippers.

___

Associated Press writer Sameer N. Yacoub contributed to this report.

Source: http://news.yahoo.com/officials-attacks-iraq-kill-least-10-171108659.html

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Tomorrow is last day for Supreme Court to issue rulings on DOMA, Prop 8 (Americablog)

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

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There Is One Right Response to Obama?s Climate Plan

U.S. President Barack Obama gives a joint press conference on June 19, 2013 in Berlin, Germany.

President Barack Obama will be giving a climate-change speech on Tuesday

We don?t yet know the content of Barack Obama?s climate-change policy speech set for Tuesday, but the centerpiece is sure to be Environmental Protection Agency regulation of greenhouse-gas emissions from existing power plants. Curbs on existing plant emissions have been in the making since 2007, when the Supreme Court held in Massachusetts v. Environmental Protection Agency that the EPA is required under the Clean Air Act to regulate carbon dioxide. The Bush administration, naturally, dragged its feet across the board on this subject. By contrast, the Obama administration has acted fairly aggressively under Clean Air Act authority to regulate new power plants and to raise emissions standards for cars and trucks. But regulation of existing plants is a much bigger deal, both ecologically and economically. And the issue is a potent reminder that, politically unrealistic as it may be, Congress ought to step up to the plate and pass a climate bill.

In the real world, we know that whatever Obama says, Republicans will denounce it as job-killing overreach. But if they could take a deep breath and consider the national interest for a moment, they?d see that the best cure for the very real flaws in EPA regulation is comprehensive climate legislation featuring cap-and-trade or a carbon tax.

Back in the winter of 2008?09, environmentalists and members of the Obama transition team never would have imagined aggressive use of Clean Air Act regulation as the centerpiece of their climate-change policy?for the very good reason that it?s a bad way to make climate-change policy. The idea, instead, was that the threat of EPA regulation would bring stakeholders to the table and lay the groundwork for a comprehensive bill. The exact same logic pertains today.

The basic problem with the EPA approach is that any new rules that will have a meaningful environmental impact?rules that would require existing coal-fired plants to shut down or curtail their operations?are going to have large financial costs. And those costs will not be borne evenly. Some parts of the country have a much more coal-based power grid than others and will see disproportionately higher prices. Manufacturing firms that use a lot of electricity face the risk that pollution will be essentially ?outsourced? to less regulated countries. Most of all, higher electricity prices affect different households very differently.

According to the Consumer Expenditure Survey, the poorest one-fifth of households spends about half as much per year on electricity as the richest one-fifth of households. But that richest one-fifth earns about 15 times more money and spends four to five times as much on an annual basis. For regulations to have a big impact they?ll need to shut down some of the dirtiest plants and at least temporarily increase electricity prices?a move that will have a much harsher impact on the poor, the Southeast, and the Midwest than on prosperous people on the low-carbon West Coast.

The good news is that a sensible climate-change policy can curb emissions while blunting the negative impact on poor people and carbon-intensive regions. According to government regulators, the aggregate ?social cost? of carbon emissions?the best guess as to the price of the currently unpriced negative environmental impacts?is about $36 per ton of CO2. Addressing that social cost with a $36-per-ton tax or a similarly priced CO2 cap-and-trade system would impose large costs on coal and oil producers and ratepayers in coal-intensive areas. But it would also generate a large pot of revenue. That revenue could, in turn, be used to offset the negative impacts. Low-income households could benefit from lower taxes, a more generous Earned Income Tax Credit, or a special ?carbon dividend? of some kind. Coal-heavy regions of the United States could receive targeted investments in energy efficiency or clean energy generation. With taxes pegged to the scale of environmental impacts, curbing pollution becomes a win-win for the economy.

But the EPA can?t impose a tax or auction pollution permits. The only way it can cushion the blow of tough regulations is to make the regulations less ambitious, aiming for lower emissions reduction or a slower pace of reductions. Yet that would be a mistake?allowing air pollution to continue unabated is much worse for the economic long-term than the short-term pain of higher electricity prices.

The right solution here is still what it was when Obama was first elected. Republicans ought to suck it up and recognize that a real legislative framework for tackling climate change is better than an ad hoc, executive-branch response. All the interests, regions, and industries harmed by a carbon tax or cap-and-trade system are going to be harmed even more by an all-regulation effort?you get the costs of reduced fossil-fuel use without the revenue that can mitigate those costs. The upside to sticking with the Clean Air Act framework is that it gives Republicans an issue: People will feel pain if electricity becomes more expensive, and they can point the finger at Obama and the Democrats. But while this sort of partisan war may have made some sense in the president?s first term, by now it?s surely time to give up the ghost. The kind of electoral total victory it would require to partially repeal the Clean Air Act is extraordinarily unlikely. There are serious problems with the path of unleashing the EPA on existing power plants, and if the GOP actually cares about making the situation better, they?ll do what they should have done years ago and come to the table with a serious alternative proposal.

Source: http://www.slate.com/articles/business/moneybox/2013/06/obama_climate_speech_what_the_gop_should_but_won_t_do_in_response.html

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Monday, June 24, 2013

Federer begins quest for 8th Wimbledon title

LONDON (AP) ? As he has six previous times, Roger Federer will begin Wimbledon on Monday as the defending champion. When he steps onto Centre Court he hopes it will be the start of another two-week stay at the All England Club.

It's an honor reserved for the men's titleholder. That scheduling perk is also where any hint of preferential treatment for Federer comes to a halt. Because of the way the draw came out, Federer could have to defeat Rafael Nadal and Andy Murray before even getting to the final.

Federer said Sunday he's "ready for the challenge" and he doesn't shy away from "tough draws."

His quest for a record eighth Wimbledon title begins against 47th-ranked Victor Hanescu of Romania.

Source: http://news.yahoo.com/federer-begins-quest-8th-wimbledon-title-170614576.html

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Stock Markets News Headlines - Yahoo! News

Stock Markets News Headlines - Yahoo! Newshttp://news.yahoo.com/stocks/ Get the latest stock markets news headlines from Yahoo! News. Find breaking stock markets news, including analysis and opinion on top stock markets stories, photos and more.en-USCopyright (c) 2013 Yahoo! Inc. All rights reservedFri, 21 Jun 2013 21:37:31 -04005Stock Markets News Headlines - Yahoo! Newshttp://news.yahoo.com/stocks/ http://l.yimg.com/a/i/us/nws/th/main_142c.gifWall St Weekahead: Stocks face more hurdles after Fed turbulence<p><a href="http://news.yahoo.com/wall-st-weekahead-stocks-face-more-hurdles-fed-013731565.html"><img src="http://l.yimg.com/bt/api/res/1.2/3XSd57P0PM_HYPJN88bcrA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-22T013731Z_1_CDEE95L04IM00_RTROPTP_2_USA-STOCKS-WEEKAHEAD.JPG" width="130" height="86" alt="(Blank Headline Received)" align="left" title="(Blank Headline Received)" border="0" /></a>By Angela Moon and Caroline Valetkevitch NEW YORK (Reuters) - Bargain-hunters beware! Wall Street&#039;s 2 percent weekly fall may not be the buying opportunity for stocks that it might seem. The stock market begins the last week of June still rattled by the U.S. Federal Reserve&#039;s plans for reducing its stimulus efforts, called quantitative easing, or QE. Next week could bring more big intraday swings and volatility as asset managers reevaluate their portfolios to adjust to the new regime of diminishing support from the Fed. The CBOE Volatility Index , Wall Street&#039;s &quot;fear gauge,&quot; rose 10. ...</p><br clear="all"/>http://news.yahoo.com/wall-st-weekahead-stocks-face-more-hurdles-fed-013731565.htmlFri, 21 Jun 2013 21:37:31 -0400Reuterswall-st-weekahead-stocks-face-more-hurdles-fed-013731565<p><a href="http://news.yahoo.com/wall-st-weekahead-stocks-face-more-hurdles-fed-013731565.html"><img src="http://l.yimg.com/bt/api/res/1.2/3XSd57P0PM_HYPJN88bcrA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-22T013731Z_1_CDEE95L04IM00_RTROPTP_2_USA-STOCKS-WEEKAHEAD.JPG" width="130" height="86" alt="(Blank Headline Received)" align="left" title="(Blank Headline Received)" border="0" /></a>By Angela Moon and Caroline Valetkevitch NEW YORK (Reuters) - Bargain-hunters beware! Wall Street&#039;s 2 percent weekly fall may not be the buying opportunity for stocks that it might seem. The stock market begins the last week of June still rattled by the U.S. Federal Reserve&#039;s plans for reducing its stimulus efforts, called quantitative easing, or QE. Next week could bring more big intraday swings and volatility as asset managers reevaluate their portfolios to adjust to the new regime of diminishing support from the Fed. The CBOE Volatility Index , Wall Street&#039;s &quot;fear gauge,&quot; rose 10. ...</p><br clear="all"/>Wall Street ends slightly up but slumps for the week<p><a href="http://news.yahoo.com/wall-st-extends-losses-nasdaq-down-1-pct-154315864.html"><img src="http://l.yimg.com/bt/api/res/1.2/K2GZlmkaVcL_5rLTGU.ldw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T154315Z_1_CDEE95K17O500_RTROPTP_2_MARKETS-USA-STOCKS.JPG" width="130" height="86" alt="(Blank Headline Received)" align="left" title="(Blank Headline Received)" border="0" /></a>By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks ended mostly higher on Friday, with the Dow and S&amp;P 500 ending two days of heavy losses, though traders continued to fret over planned changes to the Federal Reserve&#039;s easy money policy. Major indexes posted their biggest weekly declines since April, while the Nasdaq fell for a third straight day on a steep decline in software company Oracle Corp . Markets were volatile, with the Nasdaq at one point dropping more than 1 percent. ...</p><br clear="all"/>http://news.yahoo.com/wall-st-extends-losses-nasdaq-down-1-pct-154315864.htmlFri, 21 Jun 2013 19:30:42 -0400Reuterswall-st-extends-losses-nasdaq-down-1-pct-154315864<p><a href="http://news.yahoo.com/wall-st-extends-losses-nasdaq-down-1-pct-154315864.html"><img src="http://l.yimg.com/bt/api/res/1.2/K2GZlmkaVcL_5rLTGU.ldw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T154315Z_1_CDEE95K17O500_RTROPTP_2_MARKETS-USA-STOCKS.JPG" width="130" height="86" alt="(Blank Headline Received)" align="left" title="(Blank Headline Received)" border="0" /></a>By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks ended mostly higher on Friday, with the Dow and S&amp;P 500 ending two days of heavy losses, though traders continued to fret over planned changes to the Federal Reserve&#039;s easy money policy. Major indexes posted their biggest weekly declines since April, while the Nasdaq fell for a third straight day on a steep decline in software company Oracle Corp . Markets were volatile, with the Nasdaq at one point dropping more than 1 percent. ...</p><br clear="all"/>Gogo falls in 1st day of trading on the NasdaqGogo Inc., which provides Internet service on airline flights, failed to connect with the stock market Friday.http://news.yahoo.com/gogo-falls-1st-day-trading-nasdaq-150705588.htmlFri, 21 Jun 2013 19:10:06 -0400Associated Pressgogo-falls-1st-day-trading-nasdaq-150705588Stocks recover on Wall Street after a 2-day plunge<p><a href="http://news.yahoo.com/stocks-recover-wall-street-2-day-plunge-205821850.html"><img src="http://l.yimg.com/bt/api/res/1.2/21oOETEAdguL80tr3Ew4Sg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/2b4661fbc5de6714350f6a70670057b0.jpg" width="130" height="86" alt="Specialist Joseph Mastrolia, left, and trader George Ettinger work on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. (AP Photo/Richard Drew)" align="left" title="Specialist Joseph Mastrolia, left, and trader George Ettinger work on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. (AP Photo/Richard Drew)" border="0" /></a>Traders decided that the stock market has suffered enough, at least for now.</p><br clear="all"/>http://news.yahoo.com/stocks-recover-wall-street-2-day-plunge-205821850.htmlFri, 21 Jun 2013 18:30:50 -0400Associated Pressstocks-recover-wall-street-2-day-plunge-205821850<p><a href="http://news.yahoo.com/stocks-recover-wall-street-2-day-plunge-205821850.html"><img src="http://l.yimg.com/bt/api/res/1.2/21oOETEAdguL80tr3Ew4Sg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/2b4661fbc5de6714350f6a70670057b0.jpg" width="130" height="86" alt="Specialist Joseph Mastrolia, left, and trader George Ettinger work on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. (AP Photo/Richard Drew)" align="left" title="Specialist Joseph Mastrolia, left, and trader George Ettinger work on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. (AP Photo/Richard Drew)" border="0" /></a>Traders decided that the stock market has suffered enough, at least for now.</p><br clear="all"/>U.S. decision delayed on easing gadget use on airplanes<p><a href="http://news.yahoo.com/faa-decision-delayed-lifting-ban-gadget-airplanes-143448613.html"><img src="http://l3.yimg.com/bt/api/res/1.2/Ce_jnQa2LmTs0gpV2YbQRQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T204850Z_2_CBRE95K14JC00_RTROPTP_2_CTECH-US-USA-FAA-ELECTRONICS.JPG" width="130" height="86" alt="A line of passengers wait to enter the security checkpoint before boarding their aircraft at Reagan National Airport in Washington" align="left" title="A line of passengers wait to enter the security checkpoint before boarding their aircraft at Reagan National Airport in Washington" border="0" /></a>WASHINGTON (Reuters) - A Federal Aviation Administration advisory panel weighing whether to ease restrictions on in-flight use of personal technology devices like e-readers has delayed its recommendations by two months until late September, the FAA said on Friday. The Wall Street Journal, citing industry officials and a draft copy of the panel&#039;s report, said on Friday that the group will recommend relaxing restrictions on electronic gadgets. ...</p><br clear="all"/>http://news.yahoo.com/faa-decision-delayed-lifting-ban-gadget-airplanes-143448613.htmlFri, 21 Jun 2013 16:48:50 -0400Reutersfaa-decision-delayed-lifting-ban-gadget-airplanes-143448613<p><a href="http://news.yahoo.com/faa-decision-delayed-lifting-ban-gadget-airplanes-143448613.html"><img src="http://l3.yimg.com/bt/api/res/1.2/Ce_jnQa2LmTs0gpV2YbQRQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T204850Z_2_CBRE95K14JC00_RTROPTP_2_CTECH-US-USA-FAA-ELECTRONICS.JPG" width="130" height="86" alt="A line of passengers wait to enter the security checkpoint before boarding their aircraft at Reagan National Airport in Washington" align="left" title="A line of passengers wait to enter the security checkpoint before boarding their aircraft at Reagan National Airport in Washington" border="0" /></a>WASHINGTON (Reuters) - A Federal Aviation Administration advisory panel weighing whether to ease restrictions on in-flight use of personal technology devices like e-readers has delayed its recommendations by two months until late September, the FAA said on Friday. The Wall Street Journal, citing industry officials and a draft copy of the panel&#039;s report, said on Friday that the group will recommend relaxing restrictions on electronic gadgets. ...</p><br clear="all"/>Exclusive: FINRA beefs up policing of arbitrators<p><a href="http://news.yahoo.com/exclusive-finra-beefs-policing-arbitrators-050110767.html"><img src="http://l2.yimg.com/bt/api/res/1.2/7yeJe7sA6iZaf0cENPEH_g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T174419Z_2_CBRE95K0DY700_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="A street sign for Wall Street hangs in front of the New York Stock Exchange" align="left" title="A street sign for Wall Street hangs in front of the New York Stock Exchange" border="0" /></a>By Suzanne Barlyn (Reuters) - Wall Street&#039;s industry-funded watchdog said it was beefing up oversight of its 6,500 securities arbitrators after one of them was criminally indicted and suspended from the practice of law but failed to properly disclose those legal run-ins. The Financial Industry Regulatory Authority&#039;s new policy comes after Reuters asked questions about the background of Demetrio Timban, a Medford, New Jersey-based arbitrator who has become a central figure in a lawsuit between Goldman Sachs Group Inc and a wealthy investor. ...</p><br clear="all"/>http://news.yahoo.com/exclusive-finra-beefs-policing-arbitrators-050110767.htmlFri, 21 Jun 2013 13:44:19 -0400Reutersexclusive-finra-beefs-policing-arbitrators-050110767<p><a href="http://news.yahoo.com/exclusive-finra-beefs-policing-arbitrators-050110767.html"><img src="http://l2.yimg.com/bt/api/res/1.2/7yeJe7sA6iZaf0cENPEH_g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T174419Z_2_CBRE95K0DY700_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="A street sign for Wall Street hangs in front of the New York Stock Exchange" align="left" title="A street sign for Wall Street hangs in front of the New York Stock Exchange" border="0" /></a>By Suzanne Barlyn (Reuters) - Wall Street&#039;s industry-funded watchdog said it was beefing up oversight of its 6,500 securities arbitrators after one of them was criminally indicted and suspended from the practice of law but failed to properly disclose those legal run-ins. The Financial Industry Regulatory Authority&#039;s new policy comes after Reuters asked questions about the background of Demetrio Timban, a Medford, New Jersey-based arbitrator who has become a central figure in a lawsuit between Goldman Sachs Group Inc and a wealthy investor. ...</p><br clear="all"/>Stocks mostly lower on Wall Street<p><a href="http://news.yahoo.com/stocks-mostly-lower-wall-street-170004639.html"><img src="http://l.yimg.com/bt/api/res/1.2/21oOETEAdguL80tr3Ew4Sg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/2b4661fbc5de6714350f6a70670057b0.jpg" width="130" height="86" alt="Specialist Joseph Mastrolia, left, and trader George Ettinger work on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. (AP Photo/Richard Drew)" align="left" title="Specialist Joseph Mastrolia, left, and trader George Ettinger work on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. (AP Photo/Richard Drew)" border="0" /></a>Stocks edged lower on Friday, but nothing like the plunge they took earlier this week.</p><br clear="all"/>http://news.yahoo.com/stocks-mostly-lower-wall-street-170004639.htmlFri, 21 Jun 2013 13:00:04 -0400Associated Pressstocks-mostly-lower-wall-street-170004639<p><a href="http://news.yahoo.com/stocks-mostly-lower-wall-street-170004639.html"><img src="http://l.yimg.com/bt/api/res/1.2/21oOETEAdguL80tr3Ew4Sg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/2b4661fbc5de6714350f6a70670057b0.jpg" width="130" height="86" alt="Specialist Joseph Mastrolia, left, and trader George Ettinger work on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. (AP Photo/Richard Drew)" align="left" title="Specialist Joseph Mastrolia, left, and trader George Ettinger work on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. (AP Photo/Richard Drew)" border="0" /></a>Stocks edged lower on Friday, but nothing like the plunge they took earlier this week.</p><br clear="all"/>US stocks edge lower after a two-day plunge<p><a href="http://news.yahoo.com/us-stocks-edge-lower-two-day-plunge-155222257.html"><img src="http://l1.yimg.com/bt/api/res/1.2/QV9Lg1o5CIqmWJtCPFo70A--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/819fa19bc5dd6714350f6a70670071c3.jpg" width="130" height="86" alt="Specialist Gregg Maloney, left, works with a trader on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. (AP Photo/Richard Drew)" align="left" title="Specialist Gregg Maloney, left, works with a trader on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. (AP Photo/Richard Drew)" border="0" /></a>The stock market is edging lower in midday trading as investors regroup following the biggest drop of the year.</p><br clear="all"/>http://news.yahoo.com/us-stocks-edge-lower-two-day-plunge-155222257.htmlFri, 21 Jun 2013 11:52:22 -0400Associated Pressus-stocks-edge-lower-two-day-plunge-155222257<p><a href="http://news.yahoo.com/us-stocks-edge-lower-two-day-plunge-155222257.html"><img src="http://l1.yimg.com/bt/api/res/1.2/QV9Lg1o5CIqmWJtCPFo70A--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/819fa19bc5dd6714350f6a70670071c3.jpg" width="130" height="86" alt="Specialist Gregg Maloney, left, works with a trader on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. (AP Photo/Richard Drew)" align="left" title="Specialist Gregg Maloney, left, works with a trader on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. (AP Photo/Richard Drew)" border="0" /></a>The stock market is edging lower in midday trading as investors regroup following the biggest drop of the year.</p><br clear="all"/>US stocks calmer after 2-day plunge<p><a href="http://news.yahoo.com/us-stocks-calmer-2-day-plunge-153452122.html"><img src="http://l2.yimg.com/bt/api/res/1.2/LPc8Jj9B76frVXKCYYNf.Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/56101da7c4c76114350f6a7067004fdd.jpg" width="130" height="86" alt="In this Thursday, June 20, 2013, photo, specialist John Parisi, right, works with traders on the floor of the New York Stock Exchange.Asian stocks endured moderate losses Friday June 21, 2013 but European markets appeared set to stabilize even though investors remained edgy about a possible change of course by the U.S. Federal Reserve. (AP Photo/Richard Drew)" align="left" title="In this Thursday, June 20, 2013, photo, specialist John Parisi, right, works with traders on the floor of the New York Stock Exchange.Asian stocks endured moderate losses Friday June 21, 2013 but European markets appeared set to stabilize even though investors remained edgy about a possible change of course by the U.S. Federal Reserve. (AP Photo/Richard Drew)" border="0" /></a>Wall Street steadied after a two-day plunge caused by news that the Federal Reserve was getting ready to wind down its massive bond-buying program by mid-2014.</p><br clear="all"/>http://news.yahoo.com/us-stocks-calmer-2-day-plunge-153452122.htmlFri, 21 Jun 2013 11:34:52 -0400Associated Pressus-stocks-calmer-2-day-plunge-153452122<p><a href="http://news.yahoo.com/us-stocks-calmer-2-day-plunge-153452122.html"><img src="http://l2.yimg.com/bt/api/res/1.2/LPc8Jj9B76frVXKCYYNf.Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/56101da7c4c76114350f6a7067004fdd.jpg" width="130" height="86" alt="In this Thursday, June 20, 2013, photo, specialist John Parisi, right, works with traders on the floor of the New York Stock Exchange.Asian stocks endured moderate losses Friday June 21, 2013 but European markets appeared set to stabilize even though investors remained edgy about a possible change of course by the U.S. Federal Reserve. (AP Photo/Richard Drew)" align="left" title="In this Thursday, June 20, 2013, photo, specialist John Parisi, right, works with traders on the floor of the New York Stock Exchange.Asian stocks endured moderate losses Friday June 21, 2013 but European markets appeared set to stabilize even though investors remained edgy about a possible change of course by the U.S. Federal Reserve. (AP Photo/Richard Drew)" border="0" /></a>Wall Street steadied after a two-day plunge caused by news that the Federal Reserve was getting ready to wind down its massive bond-buying program by mid-2014.</p><br clear="all"/>London new share listings revival driven by rising markets<p><a href="http://news.yahoo.com/london-share-listings-revival-driven-rising-markets-142322288.html"><img src="http://l2.yimg.com/bt/api/res/1.2/S73CpYu0NMBj15td4KbqFQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T142322Z_1_CBRE95K13Z100_RTROPTP_2_MARKETS-BRITAIN-STOCKS.JPG" width="130" height="86" alt="A trader works on the trading floor in London" align="left" title="A trader works on the trading floor in London" border="0" /></a>By Kylie MacLellan LONDON (Reuters) - Rising share prices, rather than different procedures, have helped to spur a revival in new listings in London this year and some bankers and investors believe more could be done to improve the process of bringing a company to market. The amount raised from new share listings on London&#039;s main stock market this year is more than four times that in the same period in 2012, according to London Stock Exchange data. British companies alone have raised more than 1.5 billion pounds. ...</p><br clear="all"/>http://news.yahoo.com/london-share-listings-revival-driven-rising-markets-142322288.htmlFri, 21 Jun 2013 10:23:22 -0400Reuterslondon-share-listings-revival-driven-rising-markets-142322288<p><a href="http://news.yahoo.com/london-share-listings-revival-driven-rising-markets-142322288.html"><img src="http://l2.yimg.com/bt/api/res/1.2/S73CpYu0NMBj15td4KbqFQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T142322Z_1_CBRE95K13Z100_RTROPTP_2_MARKETS-BRITAIN-STOCKS.JPG" width="130" height="86" alt="A trader works on the trading floor in London" align="left" title="A trader works on the trading floor in London" border="0" /></a>By Kylie MacLellan LONDON (Reuters) - Rising share prices, rather than different procedures, have helped to spur a revival in new listings in London this year and some bankers and investors believe more could be done to improve the process of bringing a company to market. The amount raised from new share listings on London&#039;s main stock market this year is more than four times that in the same period in 2012, according to London Stock Exchange data. British companies alone have raised more than 1.5 billion pounds. ...</p><br clear="all"/>Wall Street gains modestly after two-day selloff<p><a href="http://news.yahoo.com/wall-street-gains-modestly-two-day-selloff-135311727.html"><img src="http://l2.yimg.com/bt/api/res/1.2/qEw._xar5AYCjkAlaUSR_Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T135311Z_1_CDEE95K12KP00_RTROPTP_2_MARKETS-USA-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor at the New York Stock Exchange, June 20, 2013. REUTERS/Brendan McDermid" align="left" title="Traders work on the floor at the New York Stock Exchange, June 20, 2013. REUTERS/Brendan McDermid" border="0" /></a>By Rodrigo Campos NEW YORK (Reuters) - U.S. stocks edged higher at the open on Friday, bouncing back from a two-day selloff triggered by concern over the future of central bank stimulus, but major indexes were still on track to post sharp losses for the week. A sharp drop in Oracle shares offset kept the Nasdaq Composite little changed. Share prices had slumped since Wednesday, when Federal Reserve Chairman Ben Bernanke laid out the Fed&#039;s plans to pull back on its $85 billion in monthly asset purchases. ...</p><br clear="all"/>http://news.yahoo.com/wall-street-gains-modestly-two-day-selloff-135311727.htmlFri, 21 Jun 2013 09:53:11 -0400Reuterswall-street-gains-modestly-two-day-selloff-135311727<p><a href="http://news.yahoo.com/wall-street-gains-modestly-two-day-selloff-135311727.html"><img src="http://l2.yimg.com/bt/api/res/1.2/qEw._xar5AYCjkAlaUSR_Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T135311Z_1_CDEE95K12KP00_RTROPTP_2_MARKETS-USA-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor at the New York Stock Exchange, June 20, 2013. REUTERS/Brendan McDermid" align="left" title="Traders work on the floor at the New York Stock Exchange, June 20, 2013. REUTERS/Brendan McDermid" border="0" /></a>By Rodrigo Campos NEW YORK (Reuters) - U.S. stocks edged higher at the open on Friday, bouncing back from a two-day selloff triggered by concern over the future of central bank stimulus, but major indexes were still on track to post sharp losses for the week. A sharp drop in Oracle shares offset kept the Nasdaq Composite little changed. Share prices had slumped since Wednesday, when Federal Reserve Chairman Ben Bernanke laid out the Fed&#039;s plans to pull back on its $85 billion in monthly asset purchases. ...</p><br clear="all"/>US stocks open higher after a two-day plunge<p><a href="http://news.yahoo.com/us-stocks-open-higher-two-day-plunge-134401163.html"><img src="http://l2.yimg.com/bt/api/res/1.2/LPc8Jj9B76frVXKCYYNf.Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/56101da7c4c76114350f6a7067004fdd.jpg" width="130" height="86" alt="In this Thursday, June 20, 2013, photo, specialist John Parisi, right, works with traders on the floor of the New York Stock Exchange.Asian stocks endured moderate losses Friday June 21, 2013 but European markets appeared set to stabilize even though investors remained edgy about a possible change of course by the U.S. Federal Reserve. (AP Photo/Richard Drew)" align="left" title="In this Thursday, June 20, 2013, photo, specialist John Parisi, right, works with traders on the floor of the New York Stock Exchange.Asian stocks endured moderate losses Friday June 21, 2013 but European markets appeared set to stabilize even though investors remained edgy about a possible change of course by the U.S. Federal Reserve. (AP Photo/Richard Drew)" border="0" /></a>The U.S. stock market is opening higher as traders regroup following the biggest drop of the year.</p><br clear="all"/>http://news.yahoo.com/us-stocks-open-higher-two-day-plunge-134401163.htmlFri, 21 Jun 2013 09:44:01 -0400Associated Pressus-stocks-open-higher-two-day-plunge-134401163<p><a href="http://news.yahoo.com/us-stocks-open-higher-two-day-plunge-134401163.html"><img src="http://l2.yimg.com/bt/api/res/1.2/LPc8Jj9B76frVXKCYYNf.Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/56101da7c4c76114350f6a7067004fdd.jpg" width="130" height="86" alt="In this Thursday, June 20, 2013, photo, specialist John Parisi, right, works with traders on the floor of the New York Stock Exchange.Asian stocks endured moderate losses Friday June 21, 2013 but European markets appeared set to stabilize even though investors remained edgy about a possible change of course by the U.S. Federal Reserve. (AP Photo/Richard Drew)" align="left" title="In this Thursday, June 20, 2013, photo, specialist John Parisi, right, works with traders on the floor of the New York Stock Exchange.Asian stocks endured moderate losses Friday June 21, 2013 but European markets appeared set to stabilize even though investors remained edgy about a possible change of course by the U.S. Federal Reserve. (AP Photo/Richard Drew)" border="0" /></a>The U.S. stock market is opening higher as traders regroup following the biggest drop of the year.</p><br clear="all"/>Wall Street Fundamentals Releases New In-Depth Stock Reports on FCX, SCCO, TCK and TGBDisappointing manufacturing data from China and news that the Federal Reserve would begin to scale back stimulus measures have combined to send copper futures sliding to a seven-week low. On Thursday, ...http://news.yahoo.com/wall-street-fundamentals-releases-depth-stock-reports-fcx-120000931.htmlFri, 21 Jun 2013 08:00:00 -0400Accesswirewall-street-fundamentals-releases-depth-stock-reports-fcx-120000931Wall Street Fundamentals Releases New In-Depth Stock Reports on CLX, GE, KO and MMMThe market posted its largest declined in 2013 Thursday after the Federal Reserve announced plans to begin curbing stimulus measures. The Dow Jones Industrial Average declined 2.3 percent to close at 14758.32, ...http://news.yahoo.com/wall-street-fundamentals-releases-depth-stock-reports-clx-120000472.htmlFri, 21 Jun 2013 08:00:00 -0400Accesswirewall-street-fundamentals-releases-depth-stock-reports-clx-120000472Wall Street Fundamentals Releases New In-Depth Stock Reports on BHI, KMI, RRC and WPXEnergy stocks in the S&P 500 Index fell across the board Thursday after the Federal Reserve announced plans to begin curbing stimulus measures. The SPDR Energy Select Sector ETF (NYSEARCA: XLE) declined ...http://news.yahoo.com/wall-street-fundamentals-releases-depth-stock-reports-bhi-120000546.htmlFri, 21 Jun 2013 08:00:00 -0400Accesswirewall-street-fundamentals-releases-depth-stock-reports-bhi-120000546Wall Street Fundamentals Releases New In-Depth Stock Reports on ESV, HP, NBR and SLBEnergy stocks in the S&P 500 Index fell across the board Thursday after the Federal Reserve announced plans to begin curbing stimulus measures. The SPDR Energy Select Sector ETF (NYSEARCA: XLE) declined ...http://news.yahoo.com/wall-street-fundamentals-releases-depth-stock-reports-esv-120000531.htmlFri, 21 Jun 2013 08:00:00 -0400Accesswirewall-street-fundamentals-releases-depth-stock-reports-esv-120000531Olive Garden parent Darden quarterly sales beat Wall Street<p><a href="http://news.yahoo.com/olive-garden-parent-darden-quarterly-sales-beat-wall-111811233.html"><img src="http://l3.yimg.com/bt/api/res/1.2/39JVn3sYkKhyGiFn6xKTEw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T111811Z_1_CBRE95K0VEF00_RTROPTP_2_USA.JPG" width="130" height="86" alt="A man talks on his mobile phone in front of the Times Square Olive Garden in New York" align="left" title="A man talks on his mobile phone in front of the Times Square Olive Garden in New York" border="0" /></a>(Reuters) - Darden Restaurants Inc reported better-than-expected quarterly sales, helped by aggressive promotions and an expanded menu at its Olive Garden and Red Lobster chains. Sales rose 11 percent to $2.29 billion in the fourth quarter, topping analysts&#039; expectation of $2.27 billion. Overall same-restaurant sales rose 2.2 percent. Net income for the ended May 26, fell to $133.2 million, or $1.01 per share, from $151.2 million, or $1.15 per share, a year earlier. Analysts on average expected the company to earn $1.03 per share, according to Thomson Reuters I/B/E/S. ...</p><br clear="all"/>http://news.yahoo.com/olive-garden-parent-darden-quarterly-sales-beat-wall-111811233.htmlFri, 21 Jun 2013 07:18:11 -0400Reutersolive-garden-parent-darden-quarterly-sales-beat-wall-111811233<p><a href="http://news.yahoo.com/olive-garden-parent-darden-quarterly-sales-beat-wall-111811233.html"><img src="http://l3.yimg.com/bt/api/res/1.2/39JVn3sYkKhyGiFn6xKTEw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T111811Z_1_CBRE95K0VEF00_RTROPTP_2_USA.JPG" width="130" height="86" alt="A man talks on his mobile phone in front of the Times Square Olive Garden in New York" align="left" title="A man talks on his mobile phone in front of the Times Square Olive Garden in New York" border="0" /></a>(Reuters) - Darden Restaurants Inc reported better-than-expected quarterly sales, helped by aggressive promotions and an expanded menu at its Olive Garden and Red Lobster chains. Sales rose 11 percent to $2.29 billion in the fourth quarter, topping analysts&#039; expectation of $2.27 billion. Overall same-restaurant sales rose 2.2 percent. Net income for the ended May 26, fell to $133.2 million, or $1.01 per share, from $151.2 million, or $1.15 per share, a year earlier. Analysts on average expected the company to earn $1.03 per share, according to Thomson Reuters I/B/E/S. ...</p><br clear="all"/>TSX loses 300 points as world markets sell offThe Toronto stock market fell sharply as traders digested disappointing Chinese manufacturing data and word Wednesday that the U.S. Federal Reserve is planning to wind down some stimulus spending.http://news.yahoo.com/tsx-loses-300-points-world-markets-sell-off-023247520.htmlThu, 20 Jun 2013 22:32:47 -0400CBCtsx-loses-300-points-world-markets-sell-off-023247520Anxiety grows as stock market learns to walk on its own<p><a href="http://news.yahoo.com/anxiety-grows-stock-market-learns-walk-own-000731034.html"><img src="http://l2.yimg.com/bt/api/res/1.2/0ECckvBRlnNxK9QqHxlorA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T000731Z_1_CDEE95K00CO00_RTROPTP_2_ANALYSIS-GLOBAL-STOCK-MARKET.JPG" width="130" height="86" alt="(Blank Headline Received)" align="left" title="(Blank Headline Received)" border="0" /></a>By Rodrigo Campos NEW YORK (Reuters) - The stock market has been put on notice by the Federal Reserve: from here on in, you&#039;re on your own. Stock markets worldwide have fallen sharply since comments on Wednesday by Fed Chairman Ben Bernanke laying out the U.S. central bank&#039;s plans to pull back on its $85 billion in monthly asset purchases. U.S. stocks endured their worst two-day selloff since November 2011, and the Dow Jones industrials fell 354 points on Thursday. ...</p><br clear="all"/>http://news.yahoo.com/anxiety-grows-stock-market-learns-walk-own-000731034.htmlThu, 20 Jun 2013 20:07:31 -0400Reutersanxiety-grows-stock-market-learns-walk-own-000731034<p><a href="http://news.yahoo.com/anxiety-grows-stock-market-learns-walk-own-000731034.html"><img src="http://l2.yimg.com/bt/api/res/1.2/0ECckvBRlnNxK9QqHxlorA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-21T000731Z_1_CDEE95K00CO00_RTROPTP_2_ANALYSIS-GLOBAL-STOCK-MARKET.JPG" width="130" height="86" alt="(Blank Headline Received)" align="left" title="(Blank Headline Received)" border="0" /></a>By Rodrigo Campos NEW YORK (Reuters) - The stock market has been put on notice by the Federal Reserve: from here on in, you&#039;re on your own. Stock markets worldwide have fallen sharply since comments on Wednesday by Fed Chairman Ben Bernanke laying out the U.S. central bank&#039;s plans to pull back on its $85 billion in monthly asset purchases. U.S. stocks endured their worst two-day selloff since November 2011, and the Dow Jones industrials fell 354 points on Thursday. ...</p><br clear="all"/>Wall St. plunges, S&P posts biggest drop since Nov 2011<p><a href="http://news.yahoo.com/stock-futures-drop-wake-feds-stimulus-tapering-outline-114830321.html"><img src="http://l.yimg.com/bt/api/res/1.2/xLGKo5DuX0IvfHAUQOnDcg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-20T233826Z_1_CBRE95J1LQ600_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor at the New York Stock Exchange" align="left" title="Traders work on the floor at the New York Stock Exchange" border="0" /></a>By Ryan Vlastelica NEW YORK (Reuters) - Stocks fell more than 2 percent on Thursday, extending the previous day&#039;s sharp decline as investors fretted over the Federal Reserve&#039;s plan to begin reducing its stimulus later this year if the economy strengthens. The S&amp;P 500 recorded its biggest daily decline since November 11, 2011, on the year&#039;s heaviest day of trading. All 10 S&amp;P sectors were sharply lower, with 94 percent of stocks traded on the New York Stock Exchange down for the day and more than four-fifths of Nasdaq-listed shares ending lower. The Dow Jones industrial average dived 353. ...</p><br clear="all"/>http://news.yahoo.com/stock-futures-drop-wake-feds-stimulus-tapering-outline-114830321.htmlThu, 20 Jun 2013 19:38:26 -0400Reutersstock-futures-drop-wake-feds-stimulus-tapering-outline-114830321<p><a href="http://news.yahoo.com/stock-futures-drop-wake-feds-stimulus-tapering-outline-114830321.html"><img src="http://l.yimg.com/bt/api/res/1.2/xLGKo5DuX0IvfHAUQOnDcg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-20T233826Z_1_CBRE95J1LQ600_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor at the New York Stock Exchange" align="left" title="Traders work on the floor at the New York Stock Exchange" border="0" /></a>By Ryan Vlastelica NEW YORK (Reuters) - Stocks fell more than 2 percent on Thursday, extending the previous day&#039;s sharp decline as investors fretted over the Federal Reserve&#039;s plan to begin reducing its stimulus later this year if the economy strengthens. The S&amp;P 500 recorded its biggest daily decline since November 11, 2011, on the year&#039;s heaviest day of trading. All 10 S&amp;P sectors were sharply lower, with 94 percent of stocks traded on the New York Stock Exchange down for the day and more than four-fifths of Nasdaq-listed shares ending lower. The Dow Jones industrial average dived 353. ...</p><br clear="all"/>Oracle's fiscal 4Q sales disappoint Wall St. againSAN FRANCISCO (AP) ? Oracle is still having trouble closing enough business software deals to keep Wall Street happy.http://news.yahoo.com/oracles-fiscal-4q-sales-disappoint-wall-st-again-202337131.htmlThu, 20 Jun 2013 18:13:02 -0400Associated Pressoracles-fiscal-4q-sales-disappoint-wall-st-again-202337131Analysis: Anxiety grows as stock market learns to walk on its own<p><a href="http://news.yahoo.com/analysis-anxiety-grows-stock-market-learns-walk-own-215020349.html"><img src="http://l2.yimg.com/bt/api/res/1.2/5ilyG4CKdn9KotrmD.EzsA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-20T215020Z_1_CBRE95J1OO300_RTROPTP_2_CBUSINESS-US-USA-FED-STOCKS.JPG" width="130" height="86" alt="Traders work on floor at the New York Stock Exchange" align="left" title="Traders work on floor at the New York Stock Exchange" border="0" /></a>By Rodrigo Campos NEW YORK (Reuters) - The stock market has been put on notice by the Federal Reserve: from here on in, you&#039;re on your own. Stock markets worldwide have fallen sharply since comments on Wednesday by Fed Chairman Ben Bernanke laying out the U.S. central bank&#039;s plans to pull back on its $85 billion in monthly asset purchases. U.S. stocks endured their worst two-day selloff since November 2011, and the Dow Jones industrials fell 354 points on Thursday. ...</p><br clear="all"/>http://news.yahoo.com/analysis-anxiety-grows-stock-market-learns-walk-own-215020349.htmlThu, 20 Jun 2013 17:50:20 -0400Reutersanalysis-anxiety-grows-stock-market-learns-walk-own-215020349<p><a href="http://news.yahoo.com/analysis-anxiety-grows-stock-market-learns-walk-own-215020349.html"><img src="http://l2.yimg.com/bt/api/res/1.2/5ilyG4CKdn9KotrmD.EzsA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-20T215020Z_1_CBRE95J1OO300_RTROPTP_2_CBUSINESS-US-USA-FED-STOCKS.JPG" width="130" height="86" alt="Traders work on floor at the New York Stock Exchange" align="left" title="Traders work on floor at the New York Stock Exchange" border="0" /></a>By Rodrigo Campos NEW YORK (Reuters) - The stock market has been put on notice by the Federal Reserve: from here on in, you&#039;re on your own. Stock markets worldwide have fallen sharply since comments on Wednesday by Fed Chairman Ben Bernanke laying out the U.S. central bank&#039;s plans to pull back on its $85 billion in monthly asset purchases. U.S. stocks endured their worst two-day selloff since November 2011, and the Dow Jones industrials fell 354 points on Thursday. ...</p><br clear="all"/>Kodak strikes post-bankruptcy loan deal with banks<p><a href="http://news.yahoo.com/kodak-strikes-post-bankruptcy-loan-deal-banks-143610685.html"><img src="http://l3.yimg.com/bt/api/res/1.2/S0aatueXjFxWp8h97LCJqA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-20T143610Z_1_CDEE95J14KC00_RTROPTP_2_KODAK-BANKRUPTCY-LOANS.JPG" width="130" height="86" alt="DVD&#039;s by Eastman Kodak Co are displayed in a retail store in San Diego, California, April 22, 2013. REUTERS/Mike Blake" align="left" title="DVD&#039;s by Eastman Kodak Co are displayed in a retail store in San Diego, California, April 22, 2013. REUTERS/Mike Blake" border="0" /></a>REUTERS - Eastman Kodak Co said on Thursday that it had reached a $895 million financing deal with three Wall Street banks that will help fund its rebirth as commercial imaging business after the former film pioneer emerges from bankruptcy. Affiliates of JPMorgan Chase &amp; Co , Bank of America Corp and Barclays Plc will be joint lead arrangers for a senior secured term loan package of $695 million. The three banks will also arrange an asset-based revolving credit facility of $200 million. ...</p><br clear="all"/>http://news.yahoo.com/kodak-strikes-post-bankruptcy-loan-deal-banks-143610685.htmlThu, 20 Jun 2013 10:36:10 -0400Reuterskodak-strikes-post-bankruptcy-loan-deal-banks-143610685<p><a href="http://news.yahoo.com/kodak-strikes-post-bankruptcy-loan-deal-banks-143610685.html"><img src="http://l3.yimg.com/bt/api/res/1.2/S0aatueXjFxWp8h97LCJqA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-20T143610Z_1_CDEE95J14KC00_RTROPTP_2_KODAK-BANKRUPTCY-LOANS.JPG" width="130" height="86" alt="DVD&#039;s by Eastman Kodak Co are displayed in a retail store in San Diego, California, April 22, 2013. REUTERS/Mike Blake" align="left" title="DVD&#039;s by Eastman Kodak Co are displayed in a retail store in San Diego, California, April 22, 2013. REUTERS/Mike Blake" border="0" /></a>REUTERS - Eastman Kodak Co said on Thursday that it had reached a $895 million financing deal with three Wall Street banks that will help fund its rebirth as commercial imaging business after the former film pioneer emerges from bankruptcy. Affiliates of JPMorgan Chase &amp; Co , Bank of America Corp and Barclays Plc will be joint lead arrangers for a senior secured term loan package of $695 million. The three banks will also arrange an asset-based revolving credit facility of $200 million. ...</p><br clear="all"/>Hedge fund Grandmaster sees stock market crash in China<p><a href="http://news.yahoo.com/hedge-fund-grandmaster-sees-stock-market-crash-china-135410933.html"><img src="http://l.yimg.com/bt/api/res/1.2/Ol99Wltqu7C3DpTTkufNKw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-20T135410Z_1_CBRE95J12MD00_RTROPTP_2_MARKETS-CHINA-STOCKS-CLOSE.JPG" width="130" height="86" alt="An investor reacts in front of an electronic board showing stock information at a brokerage house in Taiyuan" align="left" title="An investor reacts in front of an electronic board showing stock information at a brokerage house in Taiyuan" border="0" /></a>By Laurence Fletcher MONTE CARLO, Monaco (Reuters) - Former chess grandmaster-turned hedge fund manager Patrick Wolff is betting on a stock market crash in China, where he says corruption and bad debts have spiralled to dangerous levels. Speaking to Reuters on the sidelines of the GAIM conference in Monaco this week, Wolff said investors were too focused on trying to work out when easy money policies will taper off in the United States and ignoring a looming correction in China. &quot;People are talking way too much about the Federal Reserve and not enough about China,&quot; he said. ...</p><br clear="all"/>http://news.yahoo.com/hedge-fund-grandmaster-sees-stock-market-crash-china-135410933.htmlThu, 20 Jun 2013 09:54:10 -0400Reutershedge-fund-grandmaster-sees-stock-market-crash-china-135410933<p><a href="http://news.yahoo.com/hedge-fund-grandmaster-sees-stock-market-crash-china-135410933.html"><img src="http://l.yimg.com/bt/api/res/1.2/Ol99Wltqu7C3DpTTkufNKw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-20T135410Z_1_CBRE95J12MD00_RTROPTP_2_MARKETS-CHINA-STOCKS-CLOSE.JPG" width="130" height="86" alt="An investor reacts in front of an electronic board showing stock information at a brokerage house in Taiyuan" align="left" title="An investor reacts in front of an electronic board showing stock information at a brokerage house in Taiyuan" border="0" /></a>By Laurence Fletcher MONTE CARLO, Monaco (Reuters) - Former chess grandmaster-turned hedge fund manager Patrick Wolff is betting on a stock market crash in China, where he says corruption and bad debts have spiralled to dangerous levels. Speaking to Reuters on the sidelines of the GAIM conference in Monaco this week, Wolff said investors were too focused on trying to work out when easy money policies will taper off in the United States and ignoring a looming correction in China. &quot;People are talking way too much about the Federal Reserve and not enough about China,&quot; he said. ...</p><br clear="all"/>Kroger raises outlook on stronger 1Q profitNEW YORK (AP) ? Kroger has raised its outlook for the year after the country's largest traditional supermarket chain reported a stronger fiscal first-quarter profit that beat Wall Street expectations.http://news.yahoo.com/kroger-raises-outlook-stronger-1q-profit-130624700.htmlThu, 20 Jun 2013 09:30:01 -0400Associated Presskroger-raises-outlook-stronger-1q-profit-130624700

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