Thursday, December 29, 2011

Sales at Union Gap Sears thought to be holding up

Sales at Union Gap Sears thought to be holding up

Associated Press and Mai Hoang
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NEW YORK -- After a disastrous holiday shopping season, the parent company of Sears and Kmart will close at least 100 stores to raise cash -- a move that sparked speculation about whether the 125-year-old retailer can avoid a death spiral fed by declining sales and deteriorating stores.

Sears Holdings Corp., a pillar of American retailing that famously began with a mail-order catalog in the 1880s, declared Tuesday that it would no longer prop up "marginally performing" locations. The company pledged to refocus its efforts on stores that make money.

Sears' stock quickly plunged, dropping 27 percent.

Ryan Conger, manager of the Sears store in Union Gap, declined to comment Tuesday on the recent announcement.

But there may be a reason to believe that the Valley Mall anchor is not an underperforming location.

In a column published in the Yakima Herald-Republic in March 2010, the store manager at the time, Troy Larson, said the local store's sales at the time had not fallen compared to drastic sales declines reported by other Sears locations nationwide.

The closings are the latest and most visible move by Eddie Lampert, the hands-on chairman who has struggled to reverse the company's fortunes.

As rivals Walmart and Target Corp. spruced up stores in recent years, Sears Holdings struggled with falling sales and perceptions of dowdy merchandise.

Some analysts wondered if it was already too late, questioning whether the retailer can afford to upgrade stores as it burns through its cash reserves.

The sales weakness "begins and some would argue ends with Sears' reluctance to invest in stores and service," Credit Suisse analyst Gary Balter wrote in a note to clients.

"There's no reason to go to Sears," added New York-based independent retail analyst Brian Sozzi. "It offers a depressing shopping experience and uncompetitive prices."

Sears and Kmart were both retail pioneers. Sears' catalog and department stores were fixtures of American life stretching back to the 19th century before being hurt in recent years by competition from steep discounters and by missteps that included forays into financial services and the decision to sell off a lucrative credit card business.

Kmart helped create the discount-store format that Wal-Mart Stores Inc. came to dominate.

Some customers complained that they have a hard time connecting with the Kmart and Sears of today.

Preschool teacher Sara Kriz, picking up hair conditioner at a Kmart on Tuesday in Manhattan, said she used to shop at Kmart often but now goes there only once every few months: "Only when I have to," she said.

"It seems easier to go to Target and Walmart to get the same thing at the same price," Kriz added. "The stores are cleaner and they're better stocked."

Sears Holdings has watched its cash and short-term investments plummet by nearly half since Jan. 31, from about $1.3 billion to about $700 million.

The projected closings represent only about 3 percent of Sears Holdings' U.S. stores. And the company has actually added stores since the Sears-Kmart merger in 2005. It has about 3,560 stores in the U.S., up from 3,500 right after the merger, thanks to the addition of more small stores.

But the company hinted that more closings could be on the horizon as it focuses on honing the better-performing stores.

The store closings were expected to generate $140 million to $170 million in cash as the company sells down their inventory. Selling or subleasing the properties could generate more money.

Spokesman Chris Brathwaite said the company had not determined which stores would close or how many jobs might be cut. He disputed speculation that the company will have problems surviving, noting it still has $2.9 billion available under its credit lines.

"While our operating performance has not met our expectations, we have significant assets," including inventory, real estate and proprietary brands like Kenmore and Craftsman, Brathwaite said.

Still, the company's announcements were grim. In addition to the closings, it announced that revenue at stores open at least a year fell 5.2 percent for the eight weeks ended Dec. 25, a crucial time because of the holiday shopping season.

Kmart's layaway program, meant to help cash-strapped customers buy presents by paying for them a little at a time, faltered as Walmart and Toy R Us introduced or expanded competing programs. Sears stores reported softer sales of home appliances, usually a strength.

The company predicted that fourth-quarter adjusted earnings will be less than half the $933 million reported for the same quarter last year. It also expects a non-cash charge of $1.6 billion to $1.8 billion in the quarter to write off the value of carried-over tax deductions it now doesn't expect to be profitable enough to use.

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* Yakima Herald-Republic business reporter Mai Hoang contributed to this report.

Source: http://www.yakima-herald.com/stories/2011/12/27/sales-at-union-gap-sears-thought-to-be-holding-up

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Just days before Iowa caucuses, GOP field still unsettled (CNN)

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, RSS and RSS Feed via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/179853690?client_source=feed&format=rss

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Wednesday, December 28, 2011

Gaming firm DeNA links with Chinese social network Kaixin

Japanese mobile gaming firm DeNA has announced an agreement?with Chinese social network Kaixin that will see it extend the reach and visibility of its gaming platform in the country.

The link-up will give the 120 million members of Kaixin ? which is often referred to as China?s Facebook ? greater access to Mobage (DeNA?s mobile gaming site) in China direct from the social network?s mobile app. This?synchronisation?will allow Kaixin users to play games easily (using their existing log-in), while a dedicated button lets them share details of games with friends on the social network.

The latter feature will provide greater visibility for Mobage, in a similar way to the viral effect that Facebook creates through the socialisation of games that its users play.

The partnership will also see Android owning users of Kaixin given greater access to DeNA?s Mobage app, which will be downloadable from within Kaixin?s own mobile app.

According to today?s announcement, the tie-up is aimed at ?deliver[ing] added value to an increasing number of Chinese consumers using Kaixin001 on smartphones?, and it will certainly provide a springboard to increase the profile of the service in China.

As we?ve said before, microblogging is massive in China and ? though this partnership is a significant step forward ? DeNA must be looking for similar agreements with Sina and Tencent to encourage alignment with their popular weibo services, which boast more than 550 combined sign-ups.

DeNA launched Mobage in China in July, as Penn Olson reported, and it subsequently added iOS support alongside its Android offering in the country. It has been actively boosting its mobile links in China, where it also recently collaborated with Alibaba to connect Mobage with Aliyun-based devices.

Aside from China, DeNA is actively expanding its network to other markets, such as ?Europe, where it recently set up a business development team. Its rival in chief GREE is also hatching global ambitions as it continues to?build an international gaming platform?which will be released in 2012.

For those that don?t remember, DeNA is the company that purchased a baseball team in Japan. Yes, it is fair to say that mobile social gaming is a big industry over there.

Source: http://thenextweb.com/asia/2011/12/26/japanese-gaming-giant-dena-links-with-chinese-facebook-clone-kaixin/

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NCDEX soy oil gains support at Rs.687 690: Angel

Oilseed seed complex are expected to trade higher on account of firm overseas market as dry weather concern in South America and heavy rains in Malaysia which delay in harvesting and reduce the yield.

Improved demand of soybean from solvent extractions and stockists coupled with declining arrivals of soybean in major mandis as farmers are holding back their stocks in anticipation of higher prices in coming days.

Soy Oil Jan NCDEX Futures Rs./qtl support:687-690 resistance:700-703
Soybean NCDEX Jan Futures Rs./qtl support:2400-2410 resistance:2445-2455
RM Seed NCDEX Jan Futures Rs./qtl support:3435-3450 resistance:3490- 3507
CPO MCX Dec Futures Rs./qtl 528-530 resistance:540-542

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Source: http://www.commodityonline.com/futures-trading/tradingtips/NCDEX-soy-oil-gains-support-at-Rs.687-690%3A-Angel-16202.html

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Tuesday, December 27, 2011

JXD S7100 Android Gaming Tablet Announced | Geeky Gadgets

JXD has launched a new Android tablet which is aimed at gamers, the JXD S7100 and as you can see from the photo below, the tablet features built in gaming controls which include a a D-Pad.

The JXD S7100 comes with a 7 inch touchscreen display with a resolution of 800 x 480 pixels, plus an ARM A9 processor, 512MB of RAM, a Mail 400 GPU and 16GB of built in storage.

JXD S7100 Android Gaming Tablet Announced

The device is available for around $140, although from the looks of their website the company has managed to copy quite a few things from other manufacturers like Apple, Google, Microsoft and more.

Source Engadget

Source: http://www.geeky-gadgets.com/jxd-s7100-android-gaming-tablet-announced-27-12-2011/

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Monday, December 26, 2011

In China, a daring few challenge one-child limit (AP)

ZHUJI, China ? Seven months pregnant, Wu Weiping sneaked out early in the morning carrying a shoulder bag with some clothes, her laptop and a knife.

"It's good for me I wasn't caught, but it's lucky for them too," said Wu, 35, who feared that family planning officials were going to drag her to the hospital for a forced abortion. "I was going to fight to the death if they found me."

With her escape, Wu joined an increasingly defiant community of parents in China who have risked their jobs, savings and physical safety to have a forbidden second child.

Though their numbers are small, they represent changing ideas about individual rights. While violators in the past tended to be rural families who skirted the birth limits in relative obscurity, many today are urbanites like Wu who frame their defiance in overtly political terms, arguing that the government has no right to dictate how many children they have.

Using Internet chat rooms and blogs, a few have begun airing their demands for a more liberal family planning policy and are hoping others will follow their lead. Several have gotten their stories into the tightly controlled media, an indication that their perspectives have resonance with the public.

After finding out his wife was expecting a second child, Liu Lianwen set up an online discussion group called "Free Birth" to swap information about the one-child policy and how to get around it. In less than six months, it has attracted nearly 200 members.

"We are idealists," said the 37-year-old engineer from central China, whose daughter was born Oct. 18. "We want to change the attitudes of people around us by changing ourselves."

Freed of the social controls imposed during the doctrinaire era of communist rule, Chinese today are free to choose where they live and work and whom they marry. But when it comes to having kids, the state says the majority must stop at one. Hefty fines for violators and rising economic pressures have helped compel most to abide by the limit. Many provinces claim near perfect compliance.

It's impossible to know how many children have been born in violation of the one-child policy, but Zhai Zhenwu, director of Renmin University's School of Sociology and Population in Beijing, estimates that less than 1 percent of the 16 million babies born each year are "out of plan."

Liu thinks his fellow citizens have been brainwashed. "They all feel it's glorious to have a small family," he said. "Thirty years of family planning propaganda have changed the way the majority of Chinese think about having children."

The reluctance to procreate is also an issue of growing concern for demographers, who worry that the policy combined with a rising cost of living has brought the fertility rate down too sharply and too fast. Though still the world's largest nation with 1.3 billion people, China's population growth has slowed considerably.

"The worry for China is not population growth ? it's rapid population aging and young people not wanting to have children," said Wang Feng, director of the Brookings-Tsinghua Center for Public Policy, a joint U.S.-China academic research center in Beijing.

Wang sees a looming disaster as the baby boom generation of the 1960s heads into retirement and old age. China's labor force, sharply reduced by the one-child policy, will struggle to support them.

He argues that the government should allow everyone at least two children. He thinks many Chinese would still stop at one because of concerns about being able to afford to raise more than that.

Penalties for violators are harsh. Those caught must pay a "social compensation fee," which can be four to nine times a family's annual income, depending on the province and the whim of the local family planning bureau. Parents with government jobs can also lose their posts or get demoted, and their "out of plan" children are denied education and health benefits.

Those without government posts have less to worry about. If they can afford the steep fee and don't mind losing benefits, there's little to stop them from having another child. There's popular anger over this favoring of the wealthy but not much that ordinary people can do about it, since the policy is set behind closed doors by the communist leadership in Beijing.

In 2007, officials in coastal Zhejiang province threatened to start naming and shaming well-off families who had extra kids, but the campaign never got off the ground, possibly because it threatened to tarnish the reputations of too many well-connected people.

Hardest hit by the rules are urban middle class parents with Communist Party posts, teaching positions or jobs at state-run industries.

Li Yongan was ordered to pay 240,000 yuan ($37,500) after his son was born in 2007 as he already had a 13-year-old daughter. After refusing to pay the fee, Li was denied a household registration permit for his son, forcing him to pay three times more for kindergarten.

He was also barred from his job teaching physics at a state-run university in Beijing. "I never regret my second child, but I have been living with depression and anger for years," said Li, who struggles to make ends meet as a freelance chess teacher.

Of course, there are surreptitious, though not foolproof, ways to evade punishment: paying a bribe or falsifying documents so that, for instance, a second child is registered as the twin of an older sibling. Or, sometimes second babies are registered to childless relatives or rural families that are allowed to have a second child but haven't done so.

Wu, the woman who made the early morning escape, said she never intended to flout the one-child rule. She had resorted to fertility treatments to conceive her first child ? a daughter nicknamed Le Le, or Happy ? so she was stunned when a doctor told her she was expecting again in August 2008.

The news triggered a monthlong "cold war" with her husband, Wu said. Silent dinners, cold shoulders. She wanted to keep the baby. He didn't. After a few weeks, he came around, she explained with a satisfied smile.

But family planning officials insisted on an abortion. The principal at her school also pressured her to end the pregnancy.

Desperate, she went online for answers ? and was led astray.

At her home on the outskirts of Zhuji, a textile hub a few hours south of Shanghai, the energetic former high school teacher recounted how she divorced her husband, then married her cousin the next day, all in an attempt to evade the rules.

The soap-opera-like subterfuge was meant to take advantage of a loophole that allows divorced parents to have a second child if their new spouse is a first-time parent.

Wu had helped raise her cousin, who is 25 and 10 years younger than her, and when she asked if he would marry her to help save the baby, he agreed.

The divorce, on Sept. 27, 2008, involved signing a document and posing for a photo. It was over in just a few minutes. The next day's marriage was similarly swift.

"I remember I was very happy that day," Wu said holding the marriage certificate with a glued-on snapshot of the cousins. "Because I thought I'd figured out a way to save my baby."

But her problem wasn't over. When the newlyweds applied for a birth permit, officials informed them conception had to take place after marriage. They were told to abort the baby, then try again. Wu was back to square one.

A popular option that was out of reach for Wu economically is to have the baby elsewhere, where the limits don't apply. Some better-off Chinese go to Hong Kong, where private agencies charge mainland mothers hundreds of thousands of yuan (tens of thousands of dollars) for transport, lodging and medical costs.

The number giving birth in Hong Kong reached 40,000 last year, prompting the territory to cap the number of beds in public hospitals they are allowed from 2012. However, parents of kids born abroad face the bureaucratic hurdles of foreigners, having to pay premiums for school and other services.

In the end, Wu also fled, but not as far as Hong Kong. Three months from her due date, she kissed her baby daughter goodbye, telling her she was going on vacation, and hopped an early morning train to nearby Hangzhou. There she switched to another train bound for Shanghai, hoping the roundabout route would throw off anyone trying to tail her.

In Shanghai, Wu used a friend's ID to rent a one-room apartment with shared bathroom and kitchen. It was tiny and not cheap for her, 700 yuan ($107) a month, but it was across from a hospital that allowed her to register without a government-issued birth permission slip and it had an Internet connection.

Wu had never used email, so her husband ? the real one ? set up a password-protected online journal that he titled "yixiaobb," or "one tiny baby." She posted to the journal up to nine times a day, describing where she was living without ever revealing her exact location. She prefaced every entry with a capital M for mother, and added a number to mark how many messages she wrote in a day. Using the same journal, her husband wrote to her, coding his messages with an F.

It felt like an invisible tether linking Wu to her husband. He didn't know where she was, but knew she was OK. Shortly before her due date, she asked him to come to Shanghai, and he was present for the birth of their son.

More than two years later, she and her former husband, the father to both her children, have yet to remarry ? hoping it will legally shield him from any future punishment.

The marriage with her cousin was easily dissolved after they discovered it was never valid, because marriages between first cousins is illegal in China.

Wu was fired from her job as a public school teacher because of the baby, and her ex-husband, who is also a teacher, was demoted to a freelance position at his school. Though told she has been assessed a 120,740 yuan ($18,575) social compensation fee, Wu has refused to pay.

Enforcers of the family planning limits showed up at their house in July, and again in November, threatening legal action. Wu is afraid their property might be confiscated or that she or husband might end up in detention, but she doesn't want to pay the fine because she doesn't believe she's done anything wrong.

"I don't think I've committed any crime," she said. "A crime is something that hurts other people or society or that infringes on other people's rights. I don't think having a baby is any kind of crime."

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20111224/ap_on_re_as/as_china_two_kids

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Welcome Back, Basketball: Five NBA Stories To Watch

Danny Moloshok / AP

Danny Moloshok / AP

Los Angeles Clippers starting line up, from left to right, Chauncey Billups, DeAndre Jordan, Blake Griffin, Chris Paul, and Caron Butler.

For a while there, we thought we wouldn?t be saying this, but: the 2011-2012 NBA season is ready to tip off. The 149-day lockout is all but forgotten, and the NBA returns with a five-game Christmas feast, starting with the New York Knicks against the Boston Celtics at noon EST, and capped off by the Los Angeles Clippers at the Golden State Warriors at 10:30 p.m. (with Miami vs. Dallas, Chicago vs. Los Angeles Lakers, and Orlando vs. Oklahoma City in between).

We asked Tony Ronzone, the respected international basketball super-scout, and former front office executive for the Detroit Pistons and Minnesota Timberwolves, to help us break down 5 must-see NBA storylines for the new season.

1.?Calendar Crunch. The NBA will play a shortened 66-game season because of the lockout. That?s still a lot of basketball. But with the typical regular-season 82 games long, every game counts even more. Teams that get off to slow starts will have less time to recover. ?It reminds me a little of the Europe, where every game, you can?t lose,? says Ronzone. ?Lose two games, and getting to the playoffs becomes that much harder.? The schedule also included a multitude of back-to-back games for teams: the Lakers, for example, play four games in the first five days of the season. Weary legs mean more playing time for guys you?ve never heard of. ?This season will be a clinic in how to manage minutes,? says Ronzone.

2.?New Clip Ship. The NBA, owner of the New Orleans Hornets, approved a trade that sent All-Star Hornets point guard to the Los Angeles Clippers, where he will team with an athletic freak, Clippers power forward Blake Griffin. Expectations for the morbid franchise are higher than ever. ??Showtime just went from purple and gold? ? the Lakers ? ?to red and white,? says Ronzone. The Clippers will be an up-tempo team: the concern for the Clippers, Ronzone points out, is bench depth.

(MORE: The Cult of NBA Star Blake Griffin)

3.?Heat Index. Ronzone expects the Heat to win the title. He?s far from alone. ?They will definitely be better,? says Ronzone. ?It will help that the media attention won?t be on them from day 1, like last year.? In a season with a tiring schedule, the young and hungry will survive. LeBron James, Dwyane Wade, and Chris Bosh are veteran players, but only Wade is pushing 30 (he turns 30 on January 12). The Heat, however, need help in the middle. Centers Joel Anthony and Eddy Curry ? a colossal disappointment in his time with the New York Knicks ? frighten no one.

(MORE: Long-term impact of the NBA Lockout)

4.?Spur of the Moment. It?s easy to forget that the San Antonio Spurs, who were upset by the 8th seeded Memphis Grizzlies in the first round of last year?s NBA playoffs, finished with the best regular season record in the Western Conference (61-21). Center Tim Duncan, now 35, is in the last year of his contract. Manu Ginobili will turn 35 this summer. ?You get the sense this is the last year for the Spurs to muster something,? says Ronzone. ?They seem to be saying, ?OK, let?s give it all we can.?? A condensed schedule could hurt older teams ? their legs tire out more than others. However, the shortened training camp may favor teams with an established chemistry, like San Antonio. And remember: in 1999, the last lockout-shortened season, the Spurs won it all.

5.?Tricky Ricky. If you want to home in on one rookie this season, look north, to Minnesota, where Spanish sensation Ricky Rubio will finally make his debut. The Timberwolves drafted Rubio, 21, with the fifth overall pick in 2009. Rubio didn?t exactly jump at the chance to move from Spain to Minneapolis.? Ronzone recruited him hard, and finally helped convince Rubio to sign with the T?Wolves this summer. ?He?s the kind of player you?re going to want to watch,? says Ronzone. ?Players want to play with him. He makes guys around him better. He has that soccer mentality, where the assist is just as important as scoring the goal.? The floppy-haired point guard, who still looks like a teeny-bopper idol, has been a pro since the age of 14. Rubio will be teamed with another unselfish star, Timberwolves forward Kevin Love. Wow, two traditional bottom-feeders, the Clippers and the Timberwolves, are two of the more intriguing teams. The NBA can?t tip off fast enough.

Source: http://www.residesf.com/2011/12/25/welcome-back-basketball-five-nba-stories-to-watch/

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Sunday, December 25, 2011

Notre Dame football: Bowl could act as tryout for young Irish QBs

ORLANDO, Fla. - It is not just because Rod Gilmore was once on the?wrong end of a miracle - but a miracle, nonetheless -?that makes him a?believer.


It?s that Stanford, Gilmore?s alma mater, keeps flashing the template that shows not only is it possible for Notre Dame?s present someday to match its rich history, but that the Cardinal provide the mechanics of a re-ascendance to the national elite, as well.


?Twenty-three wins in two years and sitting on a possible 24th and two BCS appearances,? said Gilmore, the color analyst assigned by ESPN to work Notre Dame?s Champs Sports Bowl matchup Thursday night against 25th-ranked Florida State.


?And Stanford?s academic standards are a little bit more stringent than Notre Dame?s,? Gilmore continued. ?They can?t recruit the same great pool that a lot of other places can. But if Stanford can do it, I can?t see any reason that Notre Dame can?t. Academics reasons should not hold them back from it.


?I think what?s important, you figure out ? as Jim Harbaugh and David Shaw and Denny Green and Bill Walsh did ? the style of play that really works for you. And you recruit to that, and you get some buy-in from the university on that, and you?ve got to scour the country.?


If any of that actually materializes in large doses in the Florida Citrus Bowl stadium on Thursday night, Gilmore might be the most surprised person in the house. But he wants and expects to see hints of where the Irish program is heading.


?I believe next year is a critical year for Notre Dame and for Brian Kelly,? Gilmore said.


It starts, of course, with the Irish quarterback situation. The well-worn script has Kelly announcing sophomore Tommy Rees as the starter against the Seminoles, eight days after benching him at halftime of a 28-14 loss at Stanford on Nov. 26.


What?s intriguing is how that ? and the weeks leading up to it ? play on the national stage, which is where Gilmore comes in.


?That?s the million dollar question, isn?t it?,? Gilmore said of what the Rees/Andrew Hendrix/Everett Golson/perhaps Gunner Kiel saga looks like from the outside looking in.


?I?ve watched Brian Kelly for a number of years now, and it just seems to me that he?s always been demanding. But I sense a certain amount of frustration with him and the quarterback play that I haven?t seen with him over the last few years.?


And with good reason. ND?s team pass-efficiency rating falls in the 50s nationally among the 120 FBS schools for the second year in a row. In Kelly?s three years at Central Michigan, there was a steady progression ? from 67th to 58th to 29th, even though he had to break in a redshirt freshman as a new starter, Dan LeFevour, in year 3 (2006).


At Cincinnati, the Bearcats had two top-10 finishes in passing efficiency nationally under Kelly during his three years there. The year they didn?t (2008), they played five quarterbacks due to injuries, three of whom made at least a couple of starts. Even then, UC was 32nd, 21 spots ahead of where ND is this season. And UC reached the BCS that season.


?He?s used to having quarterback play at a high level, and doing exactly what he wants,? Gilmore said. ?And you can see he?s frustrated that he hasn?t been able to get that yet at Notre Dame. I don?t know that it?s an issue of athleticism, because Tony Pike (at Cincinnati) was not the most athletic quarterback you?d see running the zone read.


?But I think it?s just being on the same page with him ? taking care
of the football, understanding priorities, that sort of thing. He?s
been frustrated by it and I expect the game to kind of be a tryout,
and I expect next spring to be a tryout.


?Golson should be in the mix, and if they get the kid, Kiel, I would
imagine he?d be in the mix. And I think that?s the biggest question
mark for Notre Dame and for Brian. They?ve been unsettled at that
spot.?


Defensively, Gilmore gravitates to junior linebacker Manti Te?o and
the gaggle of phenoms working the defensive line. But he wonders if
the scheme is too soft for that talent.


?They need to be more aggressive, in my opinion,? he said. ?That?s not
their style of play right now. They tend to be a little bit more of a
zone coverage, bend-but-don?t-break type of defense.?


Gilmore hadn?t worked his way yet to the Irish special teams, but he
won?t see anything on film that can duplicate what he witnessed on
Nov. 20, 1982 from the Stanford sideline.


We?re talking about an occurrence on the field so unlikely and so
spectacular that three decades later the Cal kickoff return is still
referred to simply as, ?The play.?

Source: http://www.southbendtribune.com/news/sbt-notre-dame-football-bowl-could-act-as-tryout-for-young-irish-qbs-20111224,0,7286753.story?track=rss

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Saturday, December 24, 2011

Walmart's 2010 Black Friday and Getting Your XBox Kinect (ContributorNetwork)

If you are looking to get an XBox with Kinect on Black Friday at Wal-Mart, you may find yourself out of luck, if the retailer is offering a big discount on the game system. Here are some Black Friday hunting tips to help you find that Kinect at Wal-Mart.

1. Check a regional map of all the Wal-Marts in your area

You can use Yahoo Maps or Google Maps and type in Wal-Mart. There will pop up all the Wal-Marts in your area. Immediately eliminate all the Wal-Marts in the more densely populated areas. You want to head to Wal-Marts that out of the way. When the Wii was hot in demand last year, it was the Wal-Marts out in "cow country" that had the hard to find game system in stock.

2. Talk to employees and managers

Go to those far flung Wal-Marts a few days before Black Friday and ask them about the Kinect. If they have the system in stock and when it will be stocked for Black Friday. Chances are you can get an exact time when the systems will be in stock and you can be first-in-line to get the system.

3. Check online at Walmart.com

Walmart will also have most of their inventory for sale online. The Kinect may or may not be in-stock. However, you should check with the site to see if you can get your Kinect online as opposed to the store.

4. Split up

If you have relatives or friends that can go with you on Black Friday, split up. Go to one out-of-the-way Wal-Mart and have your friend or family member go to the other location. By dividing up, you double the chances of getting finding the Kinect in stock.

5. Talk to a relative or friend in a rural area

Let's say you live in Los Angeles or in the New York metro area, chances are, all the Wal-Marts will be out of the Kinect. However, if you have a friend or family member in rural Missouri, they may live close to a Wal-Mart that is stocked with the Kinect. It's a good idea to get in touch with these family members to help you find out if those rural Wal-mArts have the game system in stock.

if the Kniect is on sale, at Wal-Mart, for Black Friday, there is almost certainly going to be a shortage of the game system. The key to getting the game will be to head to Wal-Marts that are in the less populated areas in your area. It will also help if you and your friends and family divide up and check several Wal-Mart locations.

Source: http://us.rd.yahoo.com/dailynews/rss/tech/*http%3A//news.yahoo.com/s/ac/20111222/us_ac/7184548_walmarts_2010_black_friday_and_getting_your_xbox_kinect

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Christie Won't Rule Out Veep (Taegan Goddard's Political Wire)

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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Friday, December 23, 2011

Jobless claims drop signals economic momentum (Reuters)

WASHINGTON (Reuters) ? The number of Americans filing new claims for jobless benefits hit a 3-1/2 year low last week, bolstering views the economy was gaining momentum, even though third-quarter growth was revised down.

Other data on Thursday underscored the firming tone in the economy, with consumer sentiment scaling a six-month high in December and a barometer of future activity rising for a seventh straight month in November.

While the economy is wrapping up 2011 with a spring in its step, bickering over budget policy in Washington and the debt crisis in Europe have cast a cloud over its prospects next year.

A payroll tax cut and benefits for the long-term unemployed, both of which are due to expire at year end, have become tangled in partisan politics and it is unclear whether they will be renewed.

There were signs on Thursday the impasse had been broken, with House of Representatives Speaker John Boehner informing Senate Majority Leader Harry Reid he will set a vote on a Senate-passed two-month extension of the payroll tax cut, according to a Democratic leadership aide.

"The economy is carrying some clear momentum into 2012," said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania. "If Congress doesn't kill that by failing to extend the tax breaks, we can look forward to a better year ahead."

Initial claims for state unemployment benefits dropped 4,000 to 364,000, the Labor Department said. That was the lowest level since April 2008 and just a month after the collapse of Bear Stearns.

The claims data, which covered the survey period for the December nonfarm payrolls report, helped to take the sting out of a separate report showing the economy expanded at only a 1.8 percent annual rate in the third quarter.

Growth, which had previously been reported to have expanded at a 2 percent pace, was held back by a sharp drop in healthcare spending, the Commerce Department said. A month ago, it had said healthcare spending had risen.

The revision to healthcare spending estimates reflected new source data, which showed losses at nonprofit hospitals.

However, spending on long-lasting goods was stronger than previously estimated, indicating consumer demand remained healthy.

Prospects for spending were boosted by the rise in consumer confidence. The Thomson Reuters/University of Michigan's sentiment index rose to 69.9 from 64.1 in November as measures of both current conditions and future expectations increased.

LABOR MARKET IMPROVING

The data helped stocks on Wall Street to post their third straight day of gains. The U.S. government bond market largely ignored the data, while the dollar was flat against a basket of currencies.

Even as much of the rest of the world is slowing down, with a mild recession forecast for Europe next year, the U.S. economy remains resilient.

The labor market is improving, households are spending, home building is picking up and factory output is expanding, putting the economy on course for at least a 3 percent growth pace in the fourth quarter. That would be the fastest pace in 18 months.

An index from the private sector Conference Board that seeks to predict the strength of future economic activity rose for a seven straight month in November, suggesting the economy could pick up even more speed by spring.

While claims for first-time unemployment benefits tend to be volatile this time of the year, they have dropped for three straight weeks. A four-week moving average, a better measure of trends, is now at its lowest level since June 2008.

"One unexpectedly low number can easily be a fluke; two are interesting; three are telling us something real is happening in the labor market," said Ian Shepherdson, chief U.S. economist at High Frequency Economics in Valhalla, New York.

"The drop in claims in recent weeks, if sustained, is consistent with private payrolls growth ramping up to about 200,000 per month."

Nonfarm employment growth has grown by an average of 131,636 jobs per month so far this year, but not enough to significantly lower the jobless rate which is currently at 8.6 percent.

GROWTH GAINING STEAM

Last quarter's growth was still a step up from the April-June period's 1.3 percent pace. Part of the pick-up in output reflected a reversal of factors that held back growth earlier in the year.

The drop in healthcare consumption caused consumer spending growth to fall to a 1.7 percent rate from 2.3 percent. Consumer spending accounts for about 70 percent of economic activity.

Business inventories fell, but not as sharply as previously reported. Restocking by businesses is expected to support growth in the fourth quarter, helping to keep factories busy.

In addition, businesses showed little signs of cutting back on spending and profits continued to grow at a healthy clip.

Excluding inventories, the economy grew at a 3.2 percent rate, revised down from a 3.6 percent pace.

(Additional reporting by Jason Lange in Washington and Leah Schnurr in New York; Editing by Tim Ahmann; Editing by Dan Grebler)

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/nm/20111222/bs_nm/us_economy

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Sunday, December 18, 2011

Pear and blue cheese bacon pizza

December is National Pear Month. Celebrate with a savory pear pizza as your main course.

December seems an odd month to honor any produce that isn?t a root vegetable. At least that?s what I thought until we recently attended a pear-focused luncheon at Chicago?s Blackbird. The event was hosted by Pear Bureau Northwest as part of an eight-city tour aimed primarily at helping people understand how to tell when pears are ripe and ready to eat. More about that later.

Skip to next paragraph Terry Boyd

Terry Boyd is the author of Blue Kitchen, a Chicago-based food blog for home cooks. His simple, eclectic cooking focuses on fresh ingredients, big flavors and a cheerful willingness to borrow ideas and techniques from all over the world. A frequent contributor to the Chicago Sun-Times, he writes weekly food pieces for cable station USA Network's Character Approved Blog. His recipes have also appeared on the Bon App?tit and Saveur websites.

Recent posts

We were treated to a four-course meal by Chef de Cuisine David Posey that showcased pears? versatility, from pear and butternut squash soup with blis char roe enrobed in stout foam to leg of lamb with roasted pears, maitake mushrooms and hearts of palm and, for dessert, warm beignets with butterscotch, spiced brittle, pears and maple ice cream. We were also treated to lively conversation between delicious bites, much of it about food, but only a little of it about pears. Still, we came away knowing a great deal about this popular fruit.?

First, as we all try to eat more seasonally, the pears you see in the store now ? or in January or well into the spring, for that matter ? haven?t been grown in Chile or some other far-flung spot. They?re part of this fall?s US harvest. Pears ripen best off the tree, so they?re picked when mature, but not ripe, and kept in cold storage. While in cold storage, they don?t ripen, but do continue to convert starches to sugar, improving their flavor as they essentially hibernate. Once they show up on your supermarket?s non-refrigerated shelves, they begin to ripen.

So how do you know when they?re ready to eat? Skin color isn?t a reliable indicator. While Bartletts change from green to yellow as they ripen, most others show little change in color. The best way is to ?check the neck,? an idea so helpful that Pear Bureau Northwest has actually trademarked it. Pears ripen from the inside out, and the neck is the narrowest part. Using your thumb, apply gentle pressure to the neck or stem end. If it yields slightly, the pear is ripe.

If the pears at the store aren?t ripe yet, that?s okay. They?ll actually transport more easily ? a ripe pear?s skin is fragile ? and will ripen at room temperature in your kitchen. And if they?re ripening faster than you can use them all up, pop them in the fridge to slow the process.

We?re no strangers to cooking with pears here at Blue Kitchen. Sure, we?ve made desserts with them ? Baked Pears with Currants and Walnuts and Frangipane Pear and Cherry Cake were both big hits. We?ve also served them for breakfast as Ricotta Pancakes with Saut?ed Pears, for lunch in Grilled Cheese Sandwiches with Pear Jalape?o Chutney and for dinner as Pork Tenderloin with Roasted Pears and Onions. We?ve even saut?ed them for a Valentine?s Day dinner of Duck Breasts with Pears and Shallots.

So the question wasn?t how to cook with pears, but rather what else to do with them. I had started down the pear cheese tart or galette path when Marion said, ?What about pizza?? After we both shuddered over college memories of pineapple on pizza, we agreed she was on to something.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/4J_SbZmXEyw/Pear-and-blue-cheese-bacon-pizza

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Saturday, December 17, 2011

Review: Krups EA82 Automatic Espresso Maker Makes You Love To Love It

KR-ESPRESSOS-FULL_AUTOMATIC-PIANO_BLACK-EA8250-FACING1I was about to add this coffee maker (excuse me: espresso maker) to the Luddite gift guide but instead I felt it deserved special mention. As a fan of pod-based coffee-makers, I love almost everything about the EA82 - except its price. This thing is a dense block of coffee-creation goodness. Operation is simple - add some water, whole beans, and a cup. You select the type of coffee - espresso or regular - and press a button. The machine does everything from grinding the beans, heating the the milk and water, and blowing out delicious coffee with just the right top of frothy crema.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/2N29e2L8n2g/

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Plan would lift wages of home care workers (AP)

WASHINGTON ? The Obama administration announced a plan Thursday to extend minimum wage and overtime protections to home health care workers, a move that would boost living standards for nearly 2 million domestic employees but could mean higher costs for the elderly and disabled.

President Barack Obama said it's inexcusable for in-home care employees to be paid less because "they're still lumped in the category as teenage baby sitters."

"They deserve to be treated fairly," Obama said at a White House ceremony surrounded by more than a dozen home health care workers. "They deserve to be paid fairly for a service that many older Americans couldn't live without."

It was the latest step taken by Obama to try to boost the economy without going through Congress.

Home health care aides have been exempt from federal wage laws since 1974, when they were considered companions to the elderly and compared to neighborhood baby sitters. But the number of full-time home care workers has surged, along with the growing number of retirees who need help with a range of daily tasks, from taking the right medication to getting cleaned and dressed.

Currently, 29 states don't require minimum wage or overtime for home health care workers.

"These are real jobs as part of a huge and growing industry," said Steve Edelstein, National Policy Director for the Paraprofessional Healthcare Institute in New York. "They deserve same basic labor protections that other workers enjoy."

Unions and advocacy groups say nearly half of all home care workers live at or below the poverty level and receive public benefits such as food stamps and Medicaid. Poor working conditions, low wages and high turnover make it challenging to meet the growing demand to provide care for the elderly in their homes instead of in institutions.

More than 90 percent of home care workers are women. About 30 percent are black, and 12 percent are Hispanic.

With the size of the U.S. population over 65 expected to nearly double in the next 20 years, millions more will rely on long-term health care from domestic workers.

Health services companies that employ home care workers have opposed efforts to expand hour and wage laws, arguing that it would drive up costs for elderly clients who can ill afford it.

"We are in full support of adequate and fair wages of those doing such admirable work," said Jordan Lindsey, a spokesman for the California Association for Health Services at Home. "However, it needs to be carefully balanced with the unique needs of seniors and people with disabilities who need home care and keeping that type of care affordable."

For a patient with dementia who needs 24-hour care, for example, a family is currently allowed to pay home aides at a flat hourly rate. If overtime rules apply, Lindsey said, it could triple the cost of care.

Once the Labor Department formally proposes the new rules to extend wage laws to home health workers, there will be a 60-day period for public comments. The rules could take effect early next year.

The Clinton administration initially tried to extend federal wage rules to home aides, but President George W. Bush stopped the effort.

___

Follow Sam Hananel on Twitter at http://twitter.com/shananel

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/ap/20111215/ap_on_go_ca_st_pe/us_home_health_care

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Friday, December 16, 2011

Hand, foot, mouth disease kills 156 in Vietnam

(AP) ? Vietnam says an outbreak of hand, foot and mouth disease has killed 156 people, mostly children, and sickened more than 96,000 through late November.

An official at the Ministry of Health says the average number of weekly cases dropped from about 3,000 in September to 2,460 in November.

The U.S. Centers for Disease Control and Prevention issued a travel alert Monday urging people visiting Vietnam to protect themselves from the disease by practicing "healthy personal hygiene."

This year's outbreak is a sharp uptick from recent years. Since 2008, about 10,000 to 15,000 cases were reported per year with about 20 to 30 children dying annually.

The common childhood illness typically causes little more than a fever and rash, and most recover quickly.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/bbd825583c8542898e6fa7d440b9febc/Article_2011-12-16-AS-Vietnam-Childhood-Virus/id-c05d7cfc6da648fd92938008dc80a094

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Saturday, December 3, 2011

T.I. Says His Legal Troubles Kept Him From Signing Meek Mill ...

T.I. believes his back-to-back prison bids kept him from moving on signing Meek Mill to Grand Hustle?

T.I. is blaming his legal woes for not being able to sign Meek Mill to his Grand Hustle imprint before the up-and-coming rapper signed to Maybach Music Group.

?After my two [jail] hiatuses I was put in a position where I couldn?t really make moves on Meek as quick as he may have wanted to,? Tip told Billboard.com?s The Juice.

Instead, of course, Meek signed with Rick Ross? MMG, become an XXL Freshman and has had a huge year, scoring hits like ?I?ma Boss,? ?Tupac Back? and ?House Party? all before his solo effort with MMG.

?I never been one want to hold anyone back or to slow down the success of anybody,? T.I. continued. ?I?m the first to try to enhance what you have and if I can?t make it better then I shouldn?t be a part of it.?

Before signing to Ross? label, Meek got his feet wet while hanging out T.I., even making a cameo in the King of The South?s ?What Up, What?s Haapnin?? video. ?Jakinder Singh

Source: http://www.xxlmag.com/news/2011/12/t-i-says-his-legal-troubles-kept-him-from-signing-meek-mill/

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Cantor floats year-end trigger bargain (Politico)

House Majority Leader Eric Cantor is quietly working both sides of the Capitol to build support for a plan to scale back automatic spending cuts and combine the proposal with a wide range of critical year-end tax and spending measures.

What it amounts to is a major year-end pitch: Democrats and President Barack Obama would get their much sought-after payroll tax cut extension and jobless benefits, while Republicans would tweak the Pentagon cuts that defense hawks hate.

Continue Reading

The White House has already sent out a warning against messing with these so-called trigger spending cuts born out of the deficit supercommittee?s failure, so it?s far from clear that Cantor?s maneuvering could win enough support on Capitol Hill.

Cantor has spoken to senators from both parties ? including a Thanksgiving morning phone call to the Stamford, Conn., home of Sen. Joe Lieberman ? as he gauges support for a potential package that would include up to $133 billion in spending cuts in exchange for delaying the first year of slashes to defense and nondefense programs slated to begin in 2013. That package could also include a reform and a yearlong extension of jobless benefits, a payroll tax break and the Medicare reimbursement rate for physicians.

Cantor has also reached out to the likes of Sens. Lindsey Graham (R-S.C.), Jim Webb (D-Va.) and Marco Rubio (R-Fla.). Brad Dayspring, Cantor?s spokesman, said Cantor ?continues to talk to House and Senate members from both sides of the aisle in an effort find common ground on these important issues.?

Adding provisions overhauling the automatic cuts would be one of the more controversial ideas in a year-end package. And it could cause friction with Speaker John Boehner (R-Ohio), who is not in favor of touching the automatic cuts until next year.

It?s far from clear whether Cantor?s approach will gain steam in the final month of the year, given Obama?s veto threat.

But Pentagon advocates on Capitol Hill are starting to pressure Republican leaders to take a tougher line when demanding changes to the automatic cuts ? and some believe changing the triggered cuts could be a key bargaining chip in the messy year-end rush of legislating.

Other Republican leaders are taking a wait-and-see approach.

?I would say we are certainly not going to reduce spending any less ? but there is a lot of interest in considering next year a way to reallocate the spending reductions,? Senate Minority Leader Mitch McConnell (R-Ky.) told POLITICO on Wednesday. ?But we?re certainly opposed to reducing spending any less than $2.1 trillion that is included in the Budget Control Act.?

Asked if such changes could be done this year, McConnell smiled and shrugged, saying, ?I don?t know.?

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//us.rd.yahoo.com/dailynews/external/politico_rss/rss_politico_mostpop/http___www_politico_com_news_stories1111_69489_html/43765363/SIG=11mb3k437/*http%3A//www.politico.com/news/stories/1111/69489.html

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Friday, December 2, 2011

Maple says TMX deal could give OSC a pricing role (Reuters)

TORONTO (Reuters) ? The Canadian consortium seeking to buy TMX Group, operator of the Toronto Stock Exchange, said on Thursday it could give regulators the right to supervise clearing and settlement prices in order to gain approval of the C$3.8 billion (C$3.76 billion) takeover deal.

Under its TMX takeover proposal, the Maple Group consortium of Canadian financial services companies wants to also buy Canadian Depository for Securities (CDS), which clears and settles trades in Canada. This aspect of the deal has spurred fears of an unfair monopoly, and Maple said it is ready to compromise to get the deal done.

"We will be announcing a model and a structure and so forth with regards to fees," Luc Bertrand, the public face of Maple and vice chairman of National Bank Financial, told a public hearing held by the Ontario Securities Commission (OSC).

"Our proposal would be that the model would be part of the recognition order, which, in our view, would give the commission the ... explicit responsibility on a go-forward basis to ... reject or approve fees."

Bertrand said Maple remains committed to a one-tier system that keeps fees accessible for all market participants.

Maple's offer to take over the TMX Group is contingent on it also getting regulatory approval to buy CDS as well as Alpha Group, TMX's top stock trading competitor.

"Our deal is based on getting regulatory approval for both. If we don't have Alpha or we don't have CDS there is no Maple transaction," Bertrand said in an oft-repeated pledge.

CDS handles all of the back-office processing of cash and securities after a trade is made, acting as a central counterparty for trades.

Opponents to the deal say that if Maple wants to integrate CDS, it should be forced to keep CDS's current cost-recovery model in place. CDS currently runs on a not-for-profit basis but Maple wants to make it a for-profit operation.

Handing oversight to regulators may allay concerns about Maple having monopoly control over pricing.

The concerns about fees were flagged earlier in the week by federal Competition Bureau Commissioner Melanie Aitken.

"Our work with the Competition Bureau continues and we will update the market on its progress at the appropriate time," Bertrand said.

In its submission to the OSC, the committee representing the Investment Industry Regulatory Organization of Canada said CDS clearing and settlement costs, among the lowest globally, would rise under a for-profit model.

"We're concerned the conflicts of interests they have can be used to limit access to the non-Maple members and drive prices higher," said Jeffrey Kennedy, spokesman for the IIROC committee and chief financial officer at Cormark Securities.

"The three issues are access, pricing and governance. What we're concerned about is the conflicts of interest from the investor dealer affiliates of the Maple Group."

Maple, comprised of 13 of Canada's most powerful financial institutions, stressed to the OSC that its proposal would benefit all market players.

The hearing continues on Friday.

($1=$1.01 Canadian)

(Editing by Peter Galloway)

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/nm/20111201/wl_canada_nm/canada_us_tmx_maple_hearing

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