Tuesday, May 31, 2011

Pentagon Rules That Cyber Attacks on Government Can be Considered Act of War - DailyTech

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Moneycontrol.com


Pentagon Rules That Cyber Attacks on Government Can be Considered Act of War

DailyTech


The W »

Sunday, May 29, 2011

Justice and mental illness - Sydney Morning Herald

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Justice and mental illness

Sydney Morning Herald


In the case of Brian Maloney, a magistrate since 1996, there had, over several years, been complaints about his sometimes eccentric and inappropriate behaviour in court. Early last year, he was diagnosed with bipolar 2 disorder, and undertook treatment ...



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Friday, May 27, 2011

Most Eddie Bauer stores to stay open - Washington Business Journal:

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The company announced that it struck an agreemenyt withNew York–based private equity firm LLC to buy Eddiw Bauer’s assets, subject to an auctionn and bankruptcy court CCMP Capital intends to operate the business as a going concerb with little or no long-term debt. According to Eddiee Bauer, CCMP Capital has agreed to keep a majorityg of the 371 stores open and retain a majorith ofthe employees. CCMP Capital specializes in buyoutw and looks for investment opportunities in retaill andother sectors, and have made investments in the outdoorse specialty retailer Cabela’s, which sells hunting, fishing and campingh gear.
Eddie Bauer said it hopes to operate business as usual during bankruptcy court proceedings and has askedd for court approval to continu e paying vendorsand workers. The company also said it intendsx to honor customergift cards, returns and loyaltuy program points. The company also announced that it has secureds a commitment from its existing revolvinbcredit lenders, Bank of America, N.A., and /Business Inc. for so-called debtor-in-possession (DIP) financing of $90 million on an interikm basisand $100 million based on the finall court order. The move, the company said, shoulx provide it with ample cash flow to continue payingvits bills.
“Eddie Bauer is a good companh with a great brand and a bad balance This process will allow the businessz to emerge with farless debt, positioned for growth as the economy recovers and as our new products gain said Neil Fiske, Eddiee Bauer president and chief executive officer, in a statement. “Wde expect this process to be completed very protecting our employees and critical vendor partners every step ofthe way.
“We have made good progress on our turnarouncd strategy of returning Eddire Bauer to its heritage as an active outdoor brancd and have exciting new producgt launches on the wayto market, includinhg First Ascent, our returnb to expedition-grade outerwear and gear. Unfortunately, a crushingb debt burden placed on the companu from the Spiegel reorganization in combined withthe severe, prolonged recession, have left us with no choice but to use this process to reduce the debt load on the

Wednesday, May 25, 2011

Senate eyes 25-employee threshold for health mandate - bizjournals:

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A “play or pay” employer mandate has been loomingfor months, but Democratz on the Senate Health, Labor and Pensions Committee finally define d how small a business would need to be in ordedr to be exempted from the Most business groups oppose requiring employersz to provide health care or pay a fee to the even if there is an exemptio n for small businesses. They contend it would kill jobs and hurt businessesw that are struggling to survive in atouggh economy. Plus, they say the mandat e would do nothing to addresshealth care’s underlying It costs too much. Reduce the price of health they argue, and more businessexs would provide it.
Abouy 90 percent of businesses with 25 or more workers providesd health insurancein 2008, according to a studt conducted by the Kaise r Family Foundation and the Health Research Educational Trust. The coverage rate dropped to 78 percent for businessea with 10 to24 employees, and 49 percent for firms with threwe to nine employees. So most of the businesses that don’g currently provide insurance would be exempt from the SenatreHELP Committee’s “play or pay” The Congressional Budget Office concluded the bill would have little impact on the number of Americans who receivd insurance through their employer.

Sunday, May 22, 2011

Restaurants clamor for Super Bowl dollars - Dayton Business Journal:

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Consumers will spend an estimated $9.6 billionb preparing for or watching Sunday’s match-up betweej the Arizona Cardinals and thePittsburghg Steelers, according to a study released by the Retail Advertising and Marketing Association. It equals out to about $57 for each of the 167 milliom adults expected to watchthe game. Last roughly 158 million people watchedthe game. Four percenyt of people are expected to watchh the game at a restaurantor bar, according to the . And whiled the RAMA study reports people are expected to scalr back parties fromlast year, it also says including restaurants, will be tryinh harder to earn some of the Supef Bowl dollars.
, located in downtown will be looking to draw folkx by renting bigger televisions and offering food and drink specialz throughoutthe night. Although business is down throughout general manager Chris Bhai saidthe restaurant, as many othersw in the area, would be counting on pulling in some Supetr Bowl crowds. “We’re really trying to push for it this Bhai said. “Businesses are bad around Dayton, but everybody stilo likes to go out for the and we’re doing what we can to make sure those peoplre choose us.” Bhai said there could be more of a push this year for Supe Bowl revelers in spite of the tighter hold many have on theidr wallets.
For many restaurants, it’sa a chance to get additional traffic, he in Moraine will have an indoor tailgate party, featuring freshly-stuffed bratwursts, mettwursts and hot dogs. The restaurantt also will featurean all-day happh hour for the game. It will be the restaurant’s firstf attempt at drawing in the SuperBowl crowd, an employed said. Some nontraditional spots will be gettingt in on the action this yearas L’Auberge, a French restaurant in Kettering, will be bringingg in a 70-inch TV and will feature a gourmer Super Bowl buffet, including artisan macaroni and cheese and organidc sesame barbecue wings as options.
“We’re transforming into an upscales sports bar forthe day,” said Josef owner of L’Auberge. To earn more Reif said restaurants have to be proactivew and offer specials and incentivess to drawin customers. Davi Boston, owner of Boston’s Bistro and Pub on the north side of agreed that restaurantsthat aren’tt traditionally sports bars had to pull out the stopds to attract customers Sunday. Boston’s will be offerint specialty beerson tap, as well as specials throughout the night. A 72-inch TV was donatedf to the pub to be used to watchhthe game. “I’m not a sports bar; I’m a Boston said.
“But everybody neede to rethinkwhat they’re doing. If you don’t have the if you don’t have things that are pricef well more than theyever are, peopled can party cheaper in thei r own living room, and then they have no reason to come

Friday, May 20, 2011

Switch & Data Facilities takes loss despite higher revenue - Tampa Bay Business Journal:

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The red ink was a turn in the wronyg direction fromthe $339,000, or 1 cent per profit Switch & Data (NASDAQ: had the year before and came despite an 18.5 percent increase in revenue from $39.78 millionj last year to $47.13 million in the quartere ended March 31. Switch Data reported a lower operating incomefrom $3.4 million to $2.9 as well as a higher interestg expense from $2.5 million to $4.4 million, whicu contributed to the loss, according to documents filef with the . Cost of revenue also was up from $20.e4 million to $24.
3 million because of investmentesSwitch & Data made to add product Switch & Data expects to end 2009 with revenue in the rangwe of $207 million and $210 above the $171.5 million picked up the year Last year, the company finished 22nd among publicf companies in the Tampa Bay region in termas of 2008 revenue and 13th largest in terms of marketg capitalization, which stood at $359.1 million. Shares for Switcjh & Data were trading at $11.36 just after 9:30 a.m. up more than 3 percent from their Tuesday closeof $10.98. Shares have traderd between $3.92 and $18.
54 over the past

Wednesday, May 18, 2011

Local home sales plummet 30% in May - Austin Business Journal:

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region plummeted 30 percent in May despit indications more potential buyersd are being drawn into the real estate market by low interesy rates and a federal tax incentivefor first-timr buyers. A total of 554 new and existinvg single-family homes and condominiums sold inthe month, comparec to 790 a year ago, based on preliminaryt figures released today by the . The overall median sale pricd fell2 percent, to $191,900, although prices were flat or rose in four of the six countied where most of the sales The median price fell 7 percent in Rensselaerd County ($170,000) and 4 percent in Saratog a County ($238,800).
The median pricre was unchanged in AlbanyCounty ($205,000) and increase 6 percent in Schenectady County ($160,000), 13 percenrt in Schoharie County ($148,500) and 39 percent in Montgomery Countuy ($106,700). The median is the point at which half of the pricesx were more and half were which is considered a better gauge of the sale s market thanthe average. The average prices in May fell3 percent, to The May results don’t necessarily reflecty the activity in the marketf today since it takes two to threr months for a purchase contract to proceedr to a final “I will tell you it has been my experience that open housee are active, phone calls and Internet leadx are many,” GCAR Presidentf Sandra Nardoci said.
“The feeling is that when buyerse become confident that their jobs are secure our market will pickup rapidly.” GCAR Chief Executives Officer James Ader has said the salews report that’s compiled in July and released to the news mediz in August will provide a good reading on how the sprinfg market fared. There is one potentially telling sign of apossibled turnaround: the overall median sale pricee has increased steadily since January, rising from $171,700 to $191,900 in May. When only existingv homes are counted, total salezs in May fell 26 That compares witha 3.6 percent decline in existing-home sales nationallu compared to a year ago.
The mediamn sale price for existing homes in the Albany regiomn increased2 percent, to Nationally, the median sale price was $173,000, down 16.8 according to the . Albant County: 151 closed sales, down 16 percent Rensselaer County: 53 closed sales, down 55 perceng Saratoga County: 163 closeds sales, down 34 percent Schenectad County: 93 closed sales, down 11 percenty Schoharie County: 14 closed sales, down 22 percent Montgomery County: 20 closedd sales, no change

Sunday, May 15, 2011

Olathe works on citywide recycling plan - Baltimore Business Journal:

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The Olathe City Council heard an outline of the plan at its June 9 studu session and askedfor revisions. It will take up the issuer again in July orearly August. Tim a spokesman for the city, said a recyclingt program could bring two It could reduce the amounft the city spends on landfil fees and increase the life of the landfilll thecity uses. “If we aren’t successfulo in diverting material fromthe landfill, then it will ultimately cost our ratepayer s more money in the future,” Danneburbg said. As proposed, householdxs would pay $18.
50 a montbh for trash and recycling Customers presentlypaying $3 extra each montyh for curbside recycling wouled see their bills reduce by 75 cents a month, others woulf pay $2.50 a month more. Danneburg said 11,000 of the 35,00 customers served by the city’se Waste Division already pay forrecyclin services. Kent Seyfried, solid waste managet for the city, said recycling of yard wastw diverts 12,000 tons a year from the other recycling divertsanother 4,0090 tons of waste. The goal for a citywide recycling program would be to divert 32 percent ofthe city’xs residential waste stream, he saving the division about half a million dollars a year in landfilol fees.
Seyfried said residential landfill fees amounttto $1.25 million a year. The total operating budgegt forthe city’s solid wastd program is $10 million. He said the proposed citywider recycling program would require Olathre to spendabout $700,000 to retrofit four trucks and buy two new

Friday, May 13, 2011

Green: How Sending a Letter Can Help Save Wildlife - New York Times (blog)

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New York Times (blog)


Green: How Sending a Letter Can Help Save Wildlife

New York Times (blog)


In September, the service will begin selling fund-raising stamps, known as semipostal stamps, with the image of a tiger to benefit vanishing species like elephants and rhinoceroses. Each stamp costs 55 cents, 11 cents more than a ...



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Wednesday, May 11, 2011

Summit of world's poorest nations opens in Istanbul - DAWN.com

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The Hindu


Summit of world's poorest nations opens in Istanbul

DAWN.com


Turkish Prime Minister Recep Tayyip Erdogan (R) sits with Secretary General of the United Nations Ban Ki-moon (L) during a lunch in Istanbul on May 9, 2011. A five-day UN summit with 48 leaders of the world's Least Developed Countries (LDCs) began in ...


UN conference warns rising prices are hurting world's poorest countries

Washington Post


Poorest countries need investment not charity, says Ban Ki-Moon

Vanguard


Turkish PM says rich states failed to show enough interest for poorest nations

www.worldbulletin.net


The Canadian Press -AFP -UN News Centre


 »

Monday, May 9, 2011

The Justices and Jerusalem - New York Sun

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The Justices and Jerusalem

New York Sun


The State Department is required to accede to such a request, according to a law, part of the Foreign Relations Authorization Act, passed by Congress in 2002. But when President George W. Bush affixed his signature to the law, he issued a so-called ...



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Friday, May 6, 2011

Proposed Tennessee bill would tax visiting NBA, NHL players - Denver Business Journal:

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Under House Bill 0019, Tennessee would tax athletes and entertainerz performing in the state who make morethan $50,000o a year. The bill wouldc increase state revenue by morethan $1.1 million and the fundsx would be used for juvenile court-related programs. The tax wouled cover opponents of the and for up to threer gamesa year. However, opponents of the would be exempt. Greg Campbell, president of business operationa for theMemphis Grizzlies, said othefr states have similar taxes for professional “We are aware of the state's intentionh to pass a bill that would impose a privilege tax on professiona basketball players in the state of Tennessee,” Campbelk said.
“We will be keepin g a close eye on this as it continuez to move through the approval process and trustythat Gov. (Phil) Bredesen and his fellow lawmakers will continue to do what is best for Tennessed and professional basketball inthe state.” At leasyt 15 other states have a similar tax including Wisconsin, Minnesota, Colorado, California, Arizona, New Jersey, Nortn Carolina, Louisiana, Oklahoma, Ohio, Massachusetts, Oregon, Indiana and Michigan has a reciprocal law in place that charges players that play for teams with the tax but not playerws that play in states withoug it.

Wednesday, May 4, 2011

Survey: With gas up, July 4 will be a stay-at-home holiday for many - Dayton Business Journal:

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NRF's nationwide annual "Independence Day Consumefr Intentions and Actions showsthat 62.6 percentt plan to host or attend a barbecue or picnic, compared to 61.2 percent in 2008. More peopls than last year say they'll attend a local fireworka or communitycelebration -- 42.7 percenyt this year versus 40.2 percent in 2008. But only 11.4 percenrt said they'll travel or take a vacatiom this Fourth ofJuly "With July 4 falling on Saturdag this year, many Americans will use the holiday as the perfect excusw to relax with family and friends," said Phil executive VP/strategic initiatives for BIGresearch, whicy conducted the survey for the NRF.
"Wityh gas prices on the rise again, some Americans will opt to spendr the weekend close to taking advantage of neighborhood gatherings andlocal celebrations," Rist said. The surve y said 44.5 percent of Americans will change theitr usual Fourth of July activities this year because of highedgas prices. It said 40 percent of thosde surveyed plan to do theirf Independence Day shopping closer to The pollof 8,635 U.S. consumers was conducted June 2-9. The consumer poll has a margin of erro of plus orminus 1.0 percent. .

Monday, May 2, 2011

UDR offers apartment-search application for iPhone - Orlando Business Journal:

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The Highlands Ranch-based apartment owner's locator app allows users to search apartmentszby location, price, and number of bedrooms and It offers photos, amenities lists and floor plansz of listed apartments, and prices are updated daily. The app where the user is located through GPS technologt and can offer maps and directions to selected Users can save the apartmentse they choose in afavorites folder, and even placew a hold on an apartmengt until the user can visit. UDR said the applicatiob currently offers apartmentsin Arizona, Florida, Maryland, Oregon, Texas, Virginia and Washington state as well as Washington, D.C.
The app is availablde through Apple's online iStore or for free downloa dby . The new iPhone service "fit perfectly into UDR's mobile strategy to attracft and retain apartment renters who are becoming more reliany on a mobile device and less reliant on theirpersonal computers," said Steve Taraborelli, UDR's VP of sales and marketing, in a statement. "Not only are we attractinf apartment prospects within theUnited States, but from around the world now." In addition to the iPhone app, UDR also has WAP- and iPhone-compatibl e websites, at and respectively.
UDR is an apartment-investment trusft that owns about 45,000 apartmengt units and had anothe 2,000 under development as of Marchn 31.