Friday, June 21, 2013

Nothing but Net

Andy Enfield is one of those people who seems to succeed at everything he does. In high school, Enfield was his class valedictorian. In college, he set the NCAA career free-throw record at Johns Hopkins University by shooting an unheard-of 92.5 percent from the charity stripe. After earning his MBA, he started a business to teach his shooting technique, which led directly to his being hired as a shooting coach and then an assistant coach in the NBA. He then stepped away from coaching to work as a vice president at a fledgling health care technology firm, which is now reported to be worth well over $100 million. Then he married a supermodel.

Earlier this year, Enfield came to national prominence by coaching epically obscure Florida Gulf Coast University to the Sweet 16 of the NCAA basketball tournament in its first-ever appearance. It was the first time in the history of March Madness that a 15th seed had made it that far, instantly turning Enfield?s team into one of NCAA basketball?s greatest Cinderella stories. It didn?t hurt that his up-tempo coaching style, dubbed ?Dunk City,? made for YouTube compilation reels reminiscent of a game of NBA Jam.

When Enfield signed a six-year, $1.55 million per season contract to take over as the University of Southern California?s head basketball coach in April, it was only the latest in a series of successful second acts to a career that culminated in that NCAA tournament run. The first of those reinventions came in 2000 when he decided to quit assistant coaching in the NBA and join the startup software firm TractManager as a vice president. ?He was involved in the early stages of building all the little building blocks of the company,? TractManager CEO Tom Rizk told Sports Illustrated, describing Enfield?s role at the company, which he left in 2006. ?He mentored a lot of young people in those six years and it was very cool to see the impact he could have on them.''

Enfield is demure when asked about what he did at TractManager, which sells contract-management software to health care institutions. He says he doesn?t want to speak too much about what is still a privately held company. Also, he doesn?t like how his work there has been portrayed in previous press accounts, which initially misidentified him as the company?s co-founder. He repeatedly states that he was just one small part of a very committed group of ?teammates? and not the reason for the company?s success.

Still, Enfield concedes that he ?wore a lot of hats? at the company, including dipping his toes into operations, sales, strategic planning, management, marketing, and technology. ?Looking back, it was the best decision I?ve ever made as far as my career goes,? Enfield says. ?When you?re part of a startup company that is not profitable, and you have to raise money to pay the monthly bills, you just kind of roll your sleeves up and you do whatever?s necessary. No job is too small.?

Even when he was working full time as vice president at TractManager, though, he always kept one hand on the roundball. On weekends and vacation days, he worked as a part-time ?shot doctor,? running shooting camps and clinics for kids, or working individually with NBA players. ?Andy is one of the greatest shooters ever and he is an even better shooting coach," reads a typical testimonial, from former Miami Heat center Alonzo Mourning on the website for Enfield?s old basketball company, All Net Shooting.

In 2006, Enfield returned full time to his first love, basketball, taking a job as an assistant coach at Florida State University. Enfield went into the college game because he says being on a college campus is a much better situation for raising a family than the NBA lifestyle. (He and his wife, Amanda, now have three kids.) Within five years, he was the head coach at Florida Gulf Coast University, a school that was so unknown at the time that recruits would confuse it with Gulf Coast Community College. In only his second season with the school, the team had its breakout tournament run, after having lost 20 games or more in four straight seasons prior to his arrival.

Enfield says that his work at TractManager was the ultimate preparation for becoming a successful head basketball coach in the NCAA. He says that being a head coach is like being the CEO of a company?and although he has used this line with other reporters, it seems like a genuine coaching philosophy.

At a company, ?you might have bad days or bad months or bad quarters or bad years. ? In your basketball program at the college level, you might not sign the recruit that you just spent a year and a half recruiting. ? [But] you just have to be committed to the end goal and work every day and every week to get there,? he says. ?If you have committed people that are all working on the same page, you?re able to withstand the downtimes and the failures and eventually get to where you want to be.?

Enfield?s players have also described his coaching style as businesslike. "When we had practices, most times they were just over two hours long," Florida Gulf Coast forward Chase Fieler told the Los Angeles Times when Enfield was hired at USC. "Film was brief, too. Very efficient." For comparison?s sake, the NCAA allows coaches to run practices as long as four hours per day and 20 hours per week.

The clearest similarity between being a college coach and running a business, as Enfield sees it, is the necessity of building a marketable brand. In the business world, you need to create a positive image of your product for obvious reasons: to sell it. In college basketball, you have to sell your program to potential recruits. In the case of Florida Gulf Coast, Enfield?s sales pitch was his team?s fun, highlight-reel-friendly style of play. At USC, he has the advantages of a school with a top-flight academic program, a huge alumni base, national recruiting range, a great sports tradition, and a name that doesn?t cause people to pause and ask, ?Where??

But USC is also a program that has only made one more Sweet 16 appearance in the last 50 years than FGCU had in two years of tournament eligibility. In order for his latest act to be as successful as his previous ones, Enfield is going to have to reinvent USC?s basketball program around his run-and-gun style. He?s also going to have to come up with another name for that style after FGCU?s sporting director took exception to USC trying to steal away the catchphrase ?Dunk City? along with its head coach.

Fortunately, the Trojans are still going to play the Enfield game and will also have Enfield?s enviable marketing talents. Soon after he was hired, Enfield was invited on to the Tonight Show, and he promised Jay Leno that USC was going to be bringing Showtime back to Los Angeles.

If Enfield?s achievements at TractManager and Florida Gulf Coast are any indication, you shouldn?t bet against it.

Please click the "Enter Your Proposal" or?go here?to submit your story about starting over.

  • I am a high school dropout. School just wasn't my thing. I loved animals, I loved to read, and I loved people. So what does a high school dropout do ? opens a pet shop at 24 years old. Read More?



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Source: http://www.slate.com/articles/briefing/second_acts/2013/06/nothing_but_net.html

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Health insurance rebates decline this year (The Arizona Republic)

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Friday, May 3, 2013

Reader recommendation: Joy in the Morning

I'm reading?Joy in the Morning by Betty Smith because I loved her classic "A Tree Grows in Brooklyn" ? which was chosen as one of the titles on the Library of Congress's list "88 Books that Shaped America."

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Source: http://rss.csmonitor.com/~r/feeds/csm/~3/AqTJC5ux8UE/Reader-recommendation-Joy-in-the-Morning

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Buffett says he won't sell shares of IBM: CNBC

Why can she never win?? Poor Jennifer Aniston, lonely lady of Los Angeles, scorned bride and future crone. All she wants to do is marry Justin Theroux as planned, but of course then her ex, Brad Pitt, had to go and make plans to marry Angelina Jolie this summer, thus ruining everything. So Aniston is pushing back her wedding plans, it's said, to an unknown time, in the fear that the two events will be associated. So tragic. Jennifer Aniston just cannot get a break. ...

Source: http://news.yahoo.com/buffett-says-wont-sell-shares-ibm-cnbc-114006612.html

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Fleeing Facebook: Study examines why people quit -- and come back -- to the 'global aquarium'

Fleeing Facebook: Study examines why people quit -- and come back -- to the 'global aquarium' [ Back to EurekAlert! ] Public release date: 3-May-2013
[ | E-mail | Share Share ]

Contact: Syl Kacapyr
vpk6@cornell.edu
607-255-7701
Cornell University

ITHACA, N.Y. With more than a billion active accounts worldwide, it can be easy to forget that some people don't use Facebook.

A study by Cornell University researchers presented this week in Paris suggests that "non-use" of the social networking site is fairly common a third of Facebook users take breaks from the site by deactivating their account, and one in 10 completely quit.

Study: https://cornell.box.com/FleeingFacebook

Of 410 people who responded to an online questionnaire, 46 reported that they had deleted their Facebook account. More than 90 percent said they were happy with their decision, and most stayed away. Others were not able to completely cut themselves off, but nonetheless reported taking breaks from using the social networking site.

More than one-quarter of respondents (110) reported deactivating their account, which hides everything they have done on Facebook but retains the data and allows them to reactivate at any time. Two-thirds of deactivators reported being happy with their decision; one-third subsequently returned to Facebook.

A few respondents reported using other creative means to limit their use of the site, according to the study's lead author, Eric P. S. Baumer, a postdoctoral associate in communication at Cornell. The study was presented on May 2 at the Association for Computing Machinery's Conference on Human Factors in Computing Systems in Paris, France.

"Several participants asked their significant other or spouse to change their password, only allowing them to log in on a limited basis," Baumer said. "One participant described redirecting all email from Facebook to an email address that he never checked. Others installed browser plugins that blocked them from visiting the site."

The motivations for leaving were varied, from concerns about privacy and data misuse, to problems with productivity and addiction. Some respondents said they were tired of engaging in shallow or banal social interactions. Others left or suspended activity to avoid being friended by a boss, a student or former romantic partners, Baumer said.

"In some cases, people reported feeling pressured to leave based on an institutional status, such as being a military officer or parolee," he added.

There were also 75 people in the survey who reported never having an account.

"While some respondents reported simply not having a use for the site, others provided elaborate lists of reasons they would not join," Baumer said. "Some did not want to be on display or live 'life in a global aquarium.' We also observed a sense of rebelliousness and pride among those who resisted Facebook."

While previous work has compared users and non-users of social networking sites, this study is one of the first to give a sense for the prevalence of non-use. It also provides some evidence that Facebook users who deactivate their account are more likely to know someone else who has also deactivated, and Baumer plans to further explore this potential network effect.

"Future work might examine whether models used to study the spread of technological innovations, infectious disease, or cultural memes might similarly help understand the social dynamics of technology non-use," he said.

###

The research was supported in part by the National Science Foundation's Graduate Research Fellowship Program.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Fleeing Facebook: Study examines why people quit -- and come back -- to the 'global aquarium' [ Back to EurekAlert! ] Public release date: 3-May-2013
[ | E-mail | Share Share ]

Contact: Syl Kacapyr
vpk6@cornell.edu
607-255-7701
Cornell University

ITHACA, N.Y. With more than a billion active accounts worldwide, it can be easy to forget that some people don't use Facebook.

A study by Cornell University researchers presented this week in Paris suggests that "non-use" of the social networking site is fairly common a third of Facebook users take breaks from the site by deactivating their account, and one in 10 completely quit.

Study: https://cornell.box.com/FleeingFacebook

Of 410 people who responded to an online questionnaire, 46 reported that they had deleted their Facebook account. More than 90 percent said they were happy with their decision, and most stayed away. Others were not able to completely cut themselves off, but nonetheless reported taking breaks from using the social networking site.

More than one-quarter of respondents (110) reported deactivating their account, which hides everything they have done on Facebook but retains the data and allows them to reactivate at any time. Two-thirds of deactivators reported being happy with their decision; one-third subsequently returned to Facebook.

A few respondents reported using other creative means to limit their use of the site, according to the study's lead author, Eric P. S. Baumer, a postdoctoral associate in communication at Cornell. The study was presented on May 2 at the Association for Computing Machinery's Conference on Human Factors in Computing Systems in Paris, France.

"Several participants asked their significant other or spouse to change their password, only allowing them to log in on a limited basis," Baumer said. "One participant described redirecting all email from Facebook to an email address that he never checked. Others installed browser plugins that blocked them from visiting the site."

The motivations for leaving were varied, from concerns about privacy and data misuse, to problems with productivity and addiction. Some respondents said they were tired of engaging in shallow or banal social interactions. Others left or suspended activity to avoid being friended by a boss, a student or former romantic partners, Baumer said.

"In some cases, people reported feeling pressured to leave based on an institutional status, such as being a military officer or parolee," he added.

There were also 75 people in the survey who reported never having an account.

"While some respondents reported simply not having a use for the site, others provided elaborate lists of reasons they would not join," Baumer said. "Some did not want to be on display or live 'life in a global aquarium.' We also observed a sense of rebelliousness and pride among those who resisted Facebook."

While previous work has compared users and non-users of social networking sites, this study is one of the first to give a sense for the prevalence of non-use. It also provides some evidence that Facebook users who deactivate their account are more likely to know someone else who has also deactivated, and Baumer plans to further explore this potential network effect.

"Future work might examine whether models used to study the spread of technological innovations, infectious disease, or cultural memes might similarly help understand the social dynamics of technology non-use," he said.

###

The research was supported in part by the National Science Foundation's Graduate Research Fellowship Program.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2013-05/cu-ffs050313.php

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Thursday, April 25, 2013

Guide To Planning Sri Lanka Tours - ArticleSnatch.com

Sri Lanka is an amazing country full of exciting new sights, sounds and experiences. A private tour of Sri Lanka will give you the opportunity to enjoy the pristine natural scenery and soak up the uniquely exotic culture. Sri Lanka is endowed with a rich history, a diverse variety of plant and animal life and an extremely friendly people. Sri Lanka has become one of the hottest destinations in recent years for tours and travels in Asia and probably the world.

When planning for an extended tour of Sri Lanka or a combination of short Sri Lanka tours try to include Colombo, the West or East Coast, the Cultural Triangle, the Central Mountains and a national park.

Colombo, the commercial capital of Sri Lanka is a fine blend of East and West. Due to its strategic location in the East-West ocean trade routes, Colombo has been an important trading port for more than 2000 years. You can find a variety of attractions in and around Colombo such as Fort Clock Tower, Dutch Period Museum, Pettah area, Independence Hall, Dehiwala Zoo and the Mt Lavinia Beach. The Old Fort area is a major landmark of the city and definitely worth a visit.

Being an island in the Indian Ocean, Sri Lanka boasts of some amazing beaches. The West coast stretchers form Kalpitiya to Galle.

The Kalpitiya peninsula has some un-spoilt beaches and a good place for whale and dolphin watching. Close to the Katunayake airport is Negombo a famous fishing village and plenty of seafood restaurants. South of Colombo is the legendary suburban resort of Mt. Lavinia followed by Kalutara, Bentota and Beruwela, places frequented by water sports enthusiasts. Hikkaduwa is famous for its coral reef, wreck diving, seafood restaurants and parties. The historic city of Galle boasts of the famous Galle Fort, a World Heritage Site.

The East coast lays claim to some of the finest beaches in Sri Lanka. Some these beaches are located at Uppuveli, Nilaveli. Passekudah and Kalkudah. Arugam Bay is one of the best surf spots in the world.

No tour of Sri Lanka is complete without visiting the Cultural Triangle in the center of the island. The area consists of the World Heritage sites of Anuradhapura, Polonnaruwa, Sigiriya, Dambulla and Kandy.

Anuradhapura was the capital of Sri Lanka from the 4th century BC until the beginning of the 11th century AD. Anuradhapura contains Buddhist dagobas, monastic buildings, pokunas (bathing ponds) and some of the most complex irrigation systems in the ancient world. Polonnaruwa became the second capital of Sri Lanka after the destruction of Anuradhapura. This garden city was the mediaeval period capital from the 11 century AD till the 13th century. The Sigiriya Rock Fortress and Dambulla cave temples are other two important sites you should not miss.

The hill capital of Kandy is one of the most charming cities of Sri Lanka. This iconic city was the last capital of the Sri Lankan kings and has great appeal for the locals and visitors alike. The Dalada Maligawa houses the tooth relic of lord Buddha and is situated within the Royal Palace complex. Dont forget to visit the Royal Botanical Gardens and the Pinnawela Elephant Orphanage.

Sri Lanka has loads of wildlife with many endemic plants, birds, amphibians and animals unique to the island. Visit the Sinharaja Forest reserve or go on a wildlife safari in the Uda Walawe or Yala National Park.

Dont delay! Start planning your next vacation with a tour to Sri Lanka. Get there before others discover this magical destination.

About the Author:
Sri Lanka tours encompass the best of the enchanted island. Do not miss out on the natural attractions, historical monuments, adventure activities, wildlife safaris, colorful festivals, spicy cuisine and much more.

Source: http://www.articlesnatch.com/Article/Guide-to-planning-Sri-Lanka-Tours/4566604

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Group calls on China to improve Internet security - seattlepi.com

BEIJING (AP) ? An American business group appealed to China on Wednesday to improve online security and ease restrictions on Web use by companies, warning that deteriorating access speeds might discourage foreign investment.

The American Chamber of Commerce suggested the Chinese government could speed up Internet access by permitting some companies to circumvent its extensive system of Web filters.

"When we compare the Internet in China to the Internet as it exists in other countries such as South Korea or the European Union or the United States, what we see is that it is significantly slower. It is also less reliable and less secure," said the chamber's president, Christian Murck.

Beijing's Internet controls and attitude toward data security have become politically sensitive after Mandiant, an American security firm, released a report in February on a wave of hacking attacks against U.S. companies it said were traced to a Chinese military cyberwarfare unit.

The American chamber warned that while two-thirds of its member companies use cloud computing, the number willing to base those operations in China has declined to below 50 percent due to security concerns.

In an annual "white paper" on policy recommendations, the chamber appealed to Chinese authorities to repeal restrictions imposed in 1999 on use of foreign encryption and security technology for sensitive data.

China has the world's biggest population of Internet users, with 564 million people online at the end of last year.

The government encourages Web use for business and education but tries to block access to material deemed subversive using filters that slow access and prompt widespread complaints.

The American chamber said its member companies have "noted deterioration in access speeds" to websites outside China and warned that will "eventually discourage investment in China."

It suggested Chinese authorities might certify companies that would be allowed high-speed international access that circumvents the filters. It said those companies might promise to use such networks only for business-related correspondence.

The chamber also appealed to Beijing to increase the size of stakes foreign investors are allowed to own in Chinese Internet and data storage companies.

It warned that security policies that "diverge from global practices" might hamper China's development and appealed to the government to embrace international standards.

U.S. officials are pressing Beijing to help combat Internet-based industrial spying. Pressure increased following the Mandiant report, which said a wave of attacks were traced to a building in Shanghai that is occupied by a Chinese military cyberwarfare unit. The attacks have prompted threats of commercial sanctions by Washington.

An American undersecretary of state, Robert Hormats, warned during a visit to Beijing this month that hacking from China was undermining its relations with Washington.

Source: http://www.seattlepi.com/business/technology/article/Group-calls-on-China-to-improve-Internet-security-4458410.php

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Congress looking for quick fix to flight delays

By Richard Cowan and Doug Palmer

WASHINGTON (Reuters) - U.S. Senate leaders are frantically trying to pull together a plan to alleviate widespread airline flight delays - brought about by last month's automatic federal spending cuts - with legislation that could be voted upon as early as Thursday.

The House of Representatives could vote soon after but leaders in that chamber first want to see what the Senate produces, fearing a retreat on this issue could open the door to easing other budget cuts.

Lawmakers are eager to find a fix before they head out of town for next week's congressional recess. They are concerned about deepening public resentment over the delays caused by the furloughs of air traffic controllers.

Airline passengers have grown increasingly irritated over the past week with delays at major hubs like Chicago, New York, Los Angeles and Atlanta.

Some have reported multi-hour delays in takeoff times and planes being put in holding patterns in the air, with pilots blaming furloughs for landing delays.

The Federal Aviation Administration has said it had no alternative to furloughing controllers this week after Congress failed to come up with a budget deal that would have averted the $85 billion in across-the-board federal spending cuts.

One option senators are exploring is attaching legislation to an unrelated Internet sales tax bill currently being debated, a Senate aide said on Thursday.

A possible approach could be a measure that would give the FAA flexibility to transfer existing funds within the agency's budget - or the Department of Transportation more broadly - so that air traffic controllers' salaries can be fully paid, and those furloughs can be stopped.

According to the Senate aide, the White House is open to Congress dealing promptly with the FAA's funding problem. But the aide said that no decisions had yet been finalized on how to move an FAA measure forward quickly.

The House will await action in the Senate before deciding on how it would handle any legislation to avert further airline delays, according to a Republican leadership aide.

The early Senate plan adds to other stand-alone legislative proposals that have been floated in recent days.

Senate Majority Leader Harry Reid on Wednesday proposed replacing the budget reductions by claiming savings from the decrease of war spending, but congressional Republicans have rejected the proposal, saying counting war savings is an accounting gimmick.

A more likely fix may be one of the bipartisan pieces of stand-alone legislation that would give the DOT flexibility to move around funds to pay air traffic controllers.

"These are simply irresponsible cuts that have real and detrimental impacts on the traveling public on the airline industry, on the hospitality industry and they will cause widespread delays to the air traffic system," Republican Senator Susan Collins of Maine said on the Senate floor. Collins is behind one of the stand-alone legislative proposals.

While Republicans are joining the effort for a quick fix, many have been skeptical about whether the White House and FAA are taking advantage of flexibility they already have.

Republicans have accused the Obama administration of maximizing the disruptions to try to shift budget blame on Republicans - an allegation the administration has denied. Republicans have created a Twitter hashtag, #Obamaflightdelays, for people to complain about the delays.

House Oversight Committee Chairman Darrell Issa, a California Republican, and House Transportation Committee Chairman Bill Shuster, a Pennsylvania Republican, on Thursday sent a letter to Transportation Secretary Ray LaHood asking for internal documents discussing budget flexibilties. The DOT did not immediately respond to a request for comment.

However, a congressional aide involved in the original automatic spending cut legislation that was enacted in August 2011 told Reuters that the administration cannot under the law shift money from outside accounts to fund the air traffic controller account.

SEQUESTRATION FALLOUT

The FAA has said it will have to furlough 47,000 employees for up to 11 days through September 30 in order to save $637 million that is required by the "sequestration," automatic spending cuts that started on March 1 for most federal agencies.

Of those 47,000 workers, nearly 13,000 are air traffic controllers.

The FAA issued an update that said more than 863 delays in the system on Wednesday were attributable to staffing reductions resulting from the furloughs.

Another 2,132 delays were attributed to weather and other factors, the FAA said. The agency said it would work with airlines to minimize delays.

Airlines, many of which are reporting earnings this week, have pushed the government to quickly ease the flight delays caused by the furloughs.

JetBlue CEO Dave Barger said on a conference call on Thursday that he is frustrated airlines were told the impact would be limited. "This is government not working - capital letters, exclamation point - when we're sitting here holding the traveling public hostage in the midst of sequestration," Barger said.

Jeff Smisek, chairman and chief executive of United Continental Holdings Inc, said his company's network operations center is working around the clock to minimize the impact of fewer controllers.

"We are disappointed that the FAA chose this path, that maximizes customer disruptions and damage to airlines instead of choosing a less disruptive method to comply with the budget obligations," Smisek said on a conference call.

CLOSED-DOOR TALKS

Thursday's flurry of activity in Washington followed a meeting late on Wednesday with the top Democrat and Republican on the Senate Commerce Committee, LaHood and FAA Administrator Michael Huerta to discuss what steps Congress could take to provide the FAA with the flexibility it needs to cancel the furloughs.

Senate Commerce Committee Chairman Jay Rockefeller, a West Virginia Democrat, and Senator John Thune, a South Dakota Republican, are considering "a few options" that came out of that conversation, but are not ready to discuss details yet, a congressional aide said.

If a fix were to pass the Senate, it is not clear how the House would respond, especially if it is attached to the Internet sales tax bill, which has faced fierce opposition from many online merchants, including eBay Inc and Overstock.com Inc.

Senator Dick Durbin of Illinois, the second-ranking Senate Democrat who is shepherding the Internet sales tax bill through the Senate, told Reuters that "we are working on" ways to deal with an FAA funding fix.

But he added that senators have to consider whether exempting some FAA programs from the tough spending-cut law would be unfair to other agencies and their constituents, who also want to get out from under sequestration.

It also could face a tough time in the House. House Judiciary Committee Chairman Bob Goodlatte has expressed reservations with the Internet sales tax bill and some conservatives have called for hearings. His panel has jurisdiction over the measure.

The House potentially could vote on an FAA budget fix in a different way, however, unrelated to the Internet sales tax bill.

(Reporting by Richard Cowan, with additional reporting by Doug Palmer, Thomas Ferraro, David Lawder, Karen Jacobs and Nivedita Bhattacharjee; Writing by Karey Van Hall; Editing by Vicki Allen and Bill Trott)

Source: http://news.yahoo.com/senate-weighs-quick-move-stop-airline-flight-delays-144010521.html

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Janet Napolitano testifies (Powerlineblog)

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Wednesday, April 24, 2013

Stocks little changed after mixed earnings

Specialist Michael Pistillo, right, works on the floor of the New York Stock Exchange Wednesday, April 24, 2013. Stock indexes are little changed in early trading on Wall Street following mixed earnings results from Apple, Ford, Boeing and other major U.S. companies. (AP Photo/Richard Drew)

Specialist Michael Pistillo, right, works on the floor of the New York Stock Exchange Wednesday, April 24, 2013. Stock indexes are little changed in early trading on Wall Street following mixed earnings results from Apple, Ford, Boeing and other major U.S. companies. (AP Photo/Richard Drew)

Specialist Joseph Mastrolia, left, and trader Gregory Rowe, work on the floor of the New York Stock Exchange Wednesday, April 24, 2013. Stock indexes are little changed in early trading on Wall Street following mixed earnings results from Apple, Ford, Boeing and other major U.S. companies. (AP Photo/Richard Drew)

Traders Brandon Barb, left, and Fady Tanios work on the floor of the New York Stock Exchange Wednesday, April 24, 2013. Stock indexes are little changed in early trading on Wall Street following mixed earnings results from Apple, Ford, Boeing and other major U.S. companies. (AP Photo/Richard Drew)

Trader Neil Catania works on the floor of the New York Stock Exchange Wednesday, April 24, 2013. Stock indexes are little changed in early trading on Wall Street following mixed earnings results from Apple, Ford, Boeing and other major U.S. companies. (AP Photo/Richard Drew)

(AP) ? The stock market finished pretty much where it started Wednesday as a mixed bag of earnings from big-name American companies left investors uninspired.

The Dow closed down 43.16 points, or 0.3 percent, at 14,676.30. The Standard & Poor's 500 index ? the market's most widely used barometer ?was flat at 1,578.79.

In other markets, the price of oil soared, posting its biggest gain this year. The price of gold and the yield on the benchmark 10-year Treasury rose.

The Dow was held back by big drops in Procter & Gamble and AT&T. P&G issued a weak quarterly profit forecast and AT&T lost subscribers from its contract-based plans for the first time.

But other companies impressed investors and boosted their stock prices with strong quarterly earnings: Defense contractor General Dynamics and airplane maker Boeing easily beat expectations from financial analysts.

While the majority of corporations have delivered profits that were better than expected in the first quarter, their revenue hasn't been as impressive, suggesting they are struggling to grow.

"Overall, the earnings environment is very lackluster, for want of a better word," said Robbert van Batenburg, director of market strategy at Newedge.

P&G, the maker of Tide detergent and Gillette razors, dropped $4.82, or 5.1 percent, to $77.12 after its forecast came in below what financial analysts were expecting. P&G was hurt by uneven demand for new products.

AT&T dropped $1.96, or 5.2 percent, to $37.04 after it lost phone subscribers from its contract-based plans in its latest quarter. It's a sign that industry growth is slowing now that most American have smartphones.

General Dynamics, the aerospace and defense company, jumped $4.62, or 6.9 percent, to $71.73. CEO Phebe Novakovic called the quarter's results a "strong start" to achieving the company's goals this year, saying they reflected its focus on cuttings costs and generating cash.

Boeing climbed $2.65, or 3 percent, to $90.83 after the airplane maker said its first-quarter net income rose 20 percent despite problems with the 787 Dreamliner. The company said it would meet its financial and airplane delivery goals this year.

So far, 175 of the companies in the S&P 500, or 35 percent, have reported quarterly earnings and two-thirds of the Dow's 30 members have reported.

Sixty-nine percent of companies in the S&P 500 have beaten profit expectations, better than the 10-year average of 62 percent, according to S&P Capital IQ. However, only 39 percent have beaten revenue forecasts.

Looking ahead, the outlook dims. Of the 35 companies that have given earnings forecasts for the second quarter, 28 have been "negative," according to S&P Capital IQ, with only four "positive" and three "in-line."

"We think that most managements are appropriately cautious in their outlooks, because it's very possible that the second-quarter will continue to slow," said Jim Russell, a regional investment director at U.S. Bank. "We're watching with cautious optimism that this is a second-quarter-only soft patch in the economic data."

A report Wednesday that orders for long-lasting U.S. factory goods fell more than economists expected added to concerns that global growth is slowing.

The Commerce Department said orders for durable goods declined 5.7 percent in March following a 4.3 percent gain the previous month. February's figure was also revised lower.

The Nasdaq composite edged up 0.32 point at 3,269.55. The Russell 2000 index of small-company stocks fared better. It rose 0.5 percent, or 4.75 points, to 934.11.

Last week, stocks logged their biggest weekly drop in five months after growth in China, the world's second-biggest economy, slowed and commodity prices plunged. Weaker hiring and manufacturing growth in the U.S. have also weighed on the stock market.

The Dow and S&P 500 reached record highs on April 11, but their gains have slowed sharply since then. The Dow is up just 0.7 percent this month while the S&P 500 has gained 0.6 percent.

During the first three months of the year, the indexes averaged monthly gains of more than 3 percent, driven by optimism that the housing and job markets were recovering and that company earnings would continue to climb.

Companies made money in the first quarter, however, and are on track to increase their earnings by an average of almost 3 percent, according to S&P Capital IQ.

"Overall, I'm really quite comforted," said David Kelly, chief global strategist at JPMorgan Funds. "It's not an easy environment in which to make money, but companies are finding ways in which to hold costs in line and grow earnings."

Crude oil rose $2.25 to finish at $91.43 a barrel as U.S. supplies rose less than expected last week. Gold for June delivery rose $14.90 to $1,423.70 an ounce.

In government bond trading, the yield on the 10-year Treasury note rose to 1.71 percent from 1.70. The yield fell to 1.69 percent last week, close to its lowest of the year.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-04-24-Wall%20Street/id-4bec92909d3b4b138d6e2e215f58f151

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Penpower Worldcard Link pro Complete Contact Management Solution review

In both my personal and professional life I have collected stacks of business cards. When I was offered the opportunity to review the Worldcard Link Pro?business card scanner and software from Penpower,?I jumped at the opportunity. ?Let’s see how it works. Worldcard Link (WCL) is designed for use with 4th and 5th generation iPhones and [...]

Source: http://the-gadgeteer.com/2013/04/24/penpower-worldcard-link-pro-complete-contact-management-solution-review/

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Yves Levigne explaining, Nick Diaz and Dan Hardy fight-talkin? and more in Dana White?s video blog

UFC president Dana White released his latest video blog. This one takes a behind-the-scenes look at UFC 158 in Montreal, complete with a whole lot of bro-hugging. As you watch, turn the volume on your computer down if you're at a workplace where the F-bomb isn't OK, and keep an eye out for these moments:

-- Referee Yves Levigne talking to Antonio Carvalho about the stoppage of his bout with Darren Elkins. Levigne explained his thought process to Carvalho, which can be instructional for Carvalho and other fighters in the future. The best referees are those who are communicative, and Levigne did a good job here.

-- White's expletive-filled reaction to the excellent bout between Johny Hendricks and Carlos Condit

-- At UFC 158, Bruce Buffer made a rare mistake, calling the Condit-Hendricks bout the main event when it was the co-main. Buffer works really hard at making his announcing special, and you can see how upset he was by the mistake when he talked to White about it.

-- Nick Diaz and Dan Hardy, both men who have dropped decisions to Georges St-Pierre, talking about fighting.

Source: http://sports.yahoo.com/blogs/mma-cagewriter/yves-levigne-explaining-nick-diaz-dan-hardy-fight-145530668--mma.html

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Genetics defines a distinct liver disease

Monday, April 22, 2013

Researchers have newly associated nine genetic regions with a rare autoimmune disease of the liver known as primary sclerosing cholangitis (PSC). This brings the total number of genetic regions associated with the disease to 16.

Approximately 70 per cent of people who suffer from PSC also suffer from IBD. The team showed that only half of the newly associated genetic regions were shared with inflammatory bowel disease (IBD). For the first time, this definitively proves that PSC, although genetically related to IBD, is a distinct disease.

PSC is a chronic, progressive disease of the bile ducts that channels bile from the liver into the intestines. It can cause inflammation of the bile ducts (cholangitis) and liver scarring that leads to liver cirrhosis and liver failure. There are no effective treatments available. Although PSC affects only one in 10,000 people, it is a leading cause of liver transplant surgery.

"Before our study, it was never quite clear whether PSC was a complication of IBD or a distinct disease in its own right," says Dr Carl Anderson, lead author from the Wellcome Trust Sanger Institute. "We have proven it to be a unique disease, and hope that our results will inform the development of more effective treatments, designed to target the biological pathways involved in causing the disease".

The work involved an international group of scientists from the International PSC study group recruiting patients from 13 countries within Europe and North America. Without this large collaborative effort it would not have been possible to obtain the large number of patient DNA samples necessary for the study.

The team used DNA genotyping technology to survey more thoroughly regions of the genome known to underlie other immune-related diseases to discover if they also play a role in PSC susceptibility.

In addition to the nine genetic regions newly associated, they also saw strong signals at three regions of the genome previously associated with the disease. Of these twelve genetic regions, six are also associated with IBD, while the six other regions showed little to no association in a recent large study of IBD.

"Using the Immunochip genotyping chip, we can pull apart the genetic relationships between these autoimmune diseases and begin to see not only their genetic similarities, but also the differences," says Jimmy Liu, PhD student and first author from the Wellcome Trust Sanger Institute. "As PSC is a rare disorder, sample collection is more difficult than for other, more common, autoimmune diseases. We hope that with more samples from patients, we'll be able to link more genetic regions to the disease, and it will become easier to identify underlying pathways that could act as therapeutic targets."

Three of the genetic regions associated with PSC fall within a single biological system that underlies variation in T cells, cells important to our immune response. One gene that controls this pathway, HDAC7, is known to be a key factor in immune tolerance and the new data strongly suggests exploring the possibility that drugs affecting HDAC7 function may serve as future therapeutics in PSC.

In an extended analysis, the team identified an additional 33 genetic regions that are also involved in several common immune-mediated conditions (celiac disease, Crohn's disease, ulcerative colitis, type 1 diabetes, rheumatoid arthritis, sarcoidosis and psoriasis). This analysis shows that PSC shares many genetic risk loci with other immune-mediated diseases and opens up the possibility for testing drugs known to be effective in genetically similar diseases for efficacy in PSC.

The next step for the team is to do a high-powered search throughout the entire genomes of PSC patients to find specific regions associated with PSC outside of the regions included on the Immunochip genotyping chip.

"This study has uncovered more about the genetics underlying PSC than any before it, but this is only the first step" says Dr Tom Hemming Karlsen, lead author from Oslo University Hospital, Norway. "We hope the ongoing scientific and clinical research being conducted through the International PSC study group will help improve the outlook for those currently suffering at the hands of this disease"

"Our study, which is the largest of its type for PSC, would not have been possible without the help of the patients with this rare disorder," adds Dr Hemming Karlsen.

###

Jimmy Z Liu, Johannes Roksund Hov, Trine Folseraas et al (2013) "Dense genotyping of immune-related disease regions identifies nine new risk loci for primary sclerosing cholangitis"

Advance online publication on Nature Genetics's website on 21 April. DOI: 10.1038/ng.2616

Wellcome Trust Sanger Institute: http://www.sanger.ac.uk

Thanks to Wellcome Trust Sanger Institute for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

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Source: http://www.labspaces.net/127844/Genetics_defines_a_distinct_liver_disease

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Rescue me: New study finds animals do recover from neglect

Apr. 23, 2013 ? Animal sanctuaries can play an important role in rehabilitating goats and other animals that have suffered from neglect, according to scientists at Queen Mary, University of London.

In this first scientific study of rescued animals, the researchers examined moods in 18 goats, nine of which had endured poor welfare, such as inappropriate diet, and lack of space or shelter before arriving at a sanctuary. They created a spatial awareness test, which involved giving the animals an opportunity to look for food, to understand the link between poor welfare and the goats' mental health, by comparing the behaviour of the mistreated goats with that of the goats that had been generally well treated.

The scientists observed whether some goats were faster to explore specific areas that resulted in the reward of food and others that did not. They assessed how the goats judged previously unknown locations, described as ambiguous because they were situated between spaces known to contain food and areas without food.

"Mood can have a huge influence on how the brain processes information. In humans, for example, it's well known that people in positive moods have an optimistic outlook on life, which means they are more resilient to stress. In the same way, measures of optimism and pessimism can provide indicators for an understanding of animal welfare," explains co-author Dr Elodie Briefer from Queen Mary's School of Biological and Chemical Sciences.

It was thought that the goats from the poor welfare group would be more 'pessimistic' and slower than the well-treated goats to explore ambiguous locations for food, where the promise of reward was not guaranteed. However, a surprising result of the study was that female goats that had been mistreated in the past were more optimistic than the other well-treated female goats.

Dr Briefer adds: "In this case, we found that female goats that had been previously neglected were the most optimistic of all the tested animals. They were more optimistic than well-treated females, but also the poorly treated males. This suggests that females may be better at recovering from neglect when released from stress, and might have implications for animal sanctuaries in how they tailor the care they provide for the different sexes."

Dr Alan McElligott, also from Queen Mary's School of Biological and Chemical Sciences, said: "The study shows that animal rescue centres, such as Buttercups Sanctuary for Goats, where we collected our data, can provide a vital role in reversing long-term neglect once the animals receive excellent care."

The study was published in the journal Applied Animal Behaviour Science April 23, 2013.

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Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_science/~3/fKOXdjptgg0/130423091115.htm

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Tuesday, April 9, 2013

Serbia rejects Kosovo deal, begs EU for more time

By Aleksandar Vasovic and Matt Robinson

BELGRADE (Reuters) - Serbia on Monday rejected a European Union-brokered plan to tackle the ethnic partition of its former province Kosovo, a move that could hurt Belgrade's hopes of starting membership talks with the bloc.

But the coalition government called for the "urgent" continuation of negotiations to reach an accord, with the EU set to consider this month whether to recommend the start of accession talks with Serbia.

Membership talks would mark a major milestone in Serbia's recovery from a decade of war and isolation under late strongman Slobodan Milosevic and provide a much-needed boost for its ailing economy, still the biggest in the former Yugoslavia.

The EU had set a Tuesday deadline for Kosovo and Serbia to accept the principles on the table after talks ended last week without result. Kosovo, which broke away from Serbia in a 1998-99 war and declared independence in 2008, had already said it was ready to sign the deal.

Facing a potential backlash from hardliners and a warning from the influential Orthodox Church, Serbia balked, saying the offer fell far short of the broad autonomy it wants for a small Serb enclave of majority ethnic Albanian Kosovo.

"The government of Serbia calls for the urgent continuation of dialogue ... with the mediation of the EU in order to reach a lasting solution," the government said in a declaration read out by Prime Minister Ivica Dacic at a meeting of his cabinet.

"The government of Serbia cannot accept the proposed solution as it does not guarantee the safety and human rights of Serbs in Kosovo," he said.

But it was unclear whether the EU might agree to one last push to negotiate a deal.

The cabinet voted unanimously to adopt the declaration, which will be forwarded to EU foreign policy chief Catherine Ashton.

Ashton is due to issue a progress report on the situation on April 16 that will likely decide whether the EU launches Serbia on the long path of accession talks this year.

MORE NEGOTIATIONS?

Neighboring Croatia, Serbia's wartime foe during the collapse of Yugoslavia, is set to become the EU's 28th member on July 1, but Belgrade's progress has long been hamstrung by its refusal to come to terms with Kosovo's secession.

The West wants Belgrade to cede its fragile hold on a northern, Serb-populated pocket of Kosovo, where ethnic Albanians are the 90-percent majority - an ethnic partition that frequently flares into violence and has frustrated NATO plans to cut back its now 6,000-strong Kosovo peacekeeping force.

In a major U-turn in policy, Serbia has offered to recognize the authority of the Pristina government over the entire territory of Kosovo, but wants broad autonomy for the 50,000 Serbs living in the north.

Full details of the EU-brokered proposal have not yet been made public, but Belgrade made clear it fell short of its demands, particularly that the north control its own police and judiciary.

Ashton had said a marathon 12-hour meeting last week between the leaders of Kosovo and Serbia, which ended without result, would be the last. But the EU's envoy to Serbia appeared to hold out the possibility of another round.

"It's up to Ashton to decide if the process will be continued, since she herself said that the differences are small but the gaps are deep, and when the answers arrive tonight she will decide whether the process can be continued," Ambassador Vincent Degert said, according to the Tanjug state news agency.

Serbia lost control over Kosovo in 1999 when NATO launched 11 weeks of air strikes to halt the killing and expulsion of ethnic Albanians by Serbian forces waging a brutal counter-insurgency campaign under Milosevic.

Considered by many Serbs as the cradle of their nation and Orthodox Christian faith, the territory of 1.7 million people declared independence in 2008 and has been recognized by more than 90 countries, including the United States and 22 of the EU's 27 members.

(Writing by Matt Robinson)

Source: http://news.yahoo.com/serbia-reject-kosovo-deal-begs-eu-more-time-123502732.html

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Racino proposed as answer for Vikings stadium and budget (Star Tribune)

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

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Adsum Detonator Speakers Blast The Crap Out Of Stuff

Ugh. Everything. Right? Time to walk over to the bookshelf and vent some aggression with this extremely compact and heavily designed $800 speaker. This is the life. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/VOvrD4eJXrk/adsum-detonator-speakers-blast-the-crap-out-of-stuff

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