Sharing his view on the markets, with Arthur Cashin, UBS Financial Services director Of floor operations.
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WASHINGTON (Reuters) ? Park police used a Taser to subdue an anti-Wall Street protester during an arrest at a park near the White House on Sunday as tension rose ahead of a police order for the demonstrators to stop camping in the parks overnight.
"He was arrested for disorderly conduct. In the course of the arrest he was tased," Park police spokesman David Schlosser said, adding that he had no additional information on the man who was taken into custody.
The National Park Service has said it will begin enforcing a ban on Occupy protesters from camping in McPherson Square and Freedom Plaza, two parks just blocks from the White House where they have been living since October.
That order, if carried out as promised starting at noon on Monday, could be a blow to one of the highest-profile chapters of the movement, which denounces economic inequality.
Earlier on Sunday, Park Police posted notices on tents indicating their intent to start enforcing a ban on sleeping in the park overnight, the Washington protest group said.
A spokeswoman for the movement said police singled out, detained and tased a man who goes by the name "Lash" after protesters began removing the notices from tents. The group posted video of the incident on its website.
Sara Shaw, 24, said the group would "maintain a presence in the park," but she did not indicate whether Occupy members intended to defy the camping restrictions.
The so-called "Occupy" protests against economic inequality began last year in New York and have spread across the country. More than 400 people were arrested on Saturday night in Oakland, California during clashes with police. But protests have been peaceful in most cities, including Washington.
(Reporting By JoAnne Allen; Editing by Tim Gaynor and Greg McCune)
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TOKYO (Reuters) ? Canon Inc said on Monday its president Tsuneji Uchida would step down and his role would be taken on by chairman and chief executive Fujio Mitarai after the camera and printer maker forecast much weaker-than-expected earnings growth for this year.
Like other Japanese exporters, Canon, which makes 80 percent of its revenue overseas, has been buffeted by the strong yen, a weak economic outlook and the floods in Thailand, although it has been quite aggressive in countering these challenges by cutting costs and increasing automation.
"Owing to the historically high valuation of the yen combined with the effects of the earthquake and floods, all of Canon's businesses faced extremely demanding conditions throughout the year," the company said in a statement.
Canon said Uchida would resign effective March 29, to be replaced by Mitarai, who served as president from 1995 to 2006 but has since held the post of chairman.
Canon forecast a full-year operating profit of 390 billion yen ($5.1 billion) for the current year to December 2012, below expectations of a 470 billion yen profit based on the average of 20 estimates by analysts surveyed by Thomson Reuters I/B/E/S.
The company also posted a slightly better-than-forecast 14 percent rise in fourth-quarter operating profit to 94.6 billion yen, in line with consensus expectations.
Operating profit for the full year to December was 378.1 billion yen, down from 387.5 billion yen in the previous year but beating the average of 20 analyst forecasts for a profit of 372 billion yen.
Canon, which competes with Xerox in printers and Nikon and Sony Corp in cameras, aims to sell 9.2 million interchangeable lens cameras and 22 million compact cameras in the year to December, compared with 7.2 million and 18.7 million, respectively, last year.
Its shares have fallen about 18 percent since the start of last year, slightly worse than the benchmark Nikkei average's 14 percent drop.
Xerox lowered its outlook for 2012 this month, on expectations that the debt crisis in Europe would hurt its business.
($1 = 76.67 yen)
(Reporting by Isabel Reynolds; Editing by Muralikumar Anantharaman and Edwina Gibbs)
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PARIS (Reuters) ? France's public deficit could come in at 5.4 percent, or even 5.3 percent of gross domestic product for 2011, well below the government's initial forecast, President Nicolas Sarkozy said on Sunday.
The French government said earlier this month the 2011 deficit could be less than 5.5 percent of GDP, below an official target of 5.7 percent.
(Reporting by Catherine Bremer)
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ScienceDaily (Jan. 27, 2012) ? Two years ago, scientists at the National Center for Atmospheric Research in Boulder, Colo., released a study claiming that inconsistencies between satellite observations of Earth's heat and measurements of ocean heating amounted to evidence of "missing energy" in the planet's system.
Where was it going? Or, they wondered, was something wrong with the way researchers tracked energy as it was absorbed from the sun and emitted back into space?
An international team of atmospheric scientists and oceanographers, led by Norman Loeb of NASA's Langley Research Center in Hampton, Va., and including Graeme Stephens of NASA's Jet Propulsion Laboratory in Pasadena, Calif., set out to investigate the mystery.
They used 10 years of data -- spanning 2001 to 2010 -- from NASA Langley's orbiting Clouds and the Earth's Radiant Energy System Experiment (CERES) instruments to measure changes in the net radiation balance at the top of Earth's atmosphere. The CERES data were then combined with estimates of the heat content of Earth's ocean from three independent ocean-sensor sources.
Their analysis, summarized in a NASA-led study published Jan. 22 in the journal Nature Geosciences, found that the satellite and ocean measurements are, in fact, in broad agreement once observational uncertainties are factored in.
"One of the things we wanted to do was a more rigorous analysis of the uncertainties," Loeb said. "When we did that, we found the conclusion of missing energy in the system isn't really supported by the data."
"Missing Energy" is in the Ocean
"Our data show that Earth has been accumulating heat in the ocean at a rate of half a watt per square meter (10.8 square feet), with no sign of a decline," Loeb said. "This extra energy will eventually find its way back into the atmosphere and increase temperatures on Earth."
Scientists generally agree that 90 percent of the excess heat associated with increases in greenhouse gas concentrations gets stored in Earth's ocean. If released back into the atmosphere, a half-watt per square meter accumulation of heat could increase global temperatures by 0.3 or more degrees centigrade (0.54 degree Fahrenheit).
Loeb said the findings demonstrate the importance of using multiple measuring systems over time, and illustrate the need for continuous improvement in the way Earth's energy flows are measured.
The science team at the National Center for Atmospheric Research measured inconsistencies from 2004 and 2009 between satellite observations of Earth's heat balance and measurements of the rate of upper ocean heating from temperatures in the upper 700 meters (2,300 feet) of the ocean. They said the inconsistencies were evidence of "missing energy."
Other authors of the paper are from the University of Hawaii, the Pacific Marine Environmental Laboratory in Seattle, the University of Reading United Kingdom and the University of Miami.
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NEW YORK ? A different kind of F-word is stirring a linguistic and political debate as controversial as what it defines.
The word is "fracking" ? as in hydraulic fracturing, a technique long used by the oil and gas industry to free oil and gas from rock.
It's not in the dictionary, the industry hates it, and President Barack Obama didn't use it in his State of the Union speech ? even as he praised federal subsidies for it.
The word sounds nasty, and environmental advocates have been able to use it to generate opposition ? and revulsion ? to what they say is a nasty process that threatens water supplies.
"It obviously calls to mind other less socially polite terms, and folks have been able to take advantage of that," said Kate Sinding, a senior attorney at the Natural Resources Defense Council who works on drilling issues.
One of the chants at an anti-drilling rally in Albany earlier this month was "No fracking way!"
Industry executives argue that the word is deliberately misspelled by environmental activists and that it has become a slur that should not be used by media outlets that strive for objectivity.
"It's a co-opted word and a co-opted spelling used to make it look as offensive as people can try to make it look," said Michael Kehs, vice president for Strategic Affairs at Chesapeake Energy, the nation's second-largest natural gas producer.
To the surviving humans of the sci-fi TV series "Battlestar Galactica," it has nothing to do with oil and gas. It is used as a substitute for the very down-to-Earth curse word.
Michael Weiss, a professor of linguistics at Cornell University, says the word originated as simple industry jargon, but has taken on a negative meaning over time ? much like the word "silly" once meant "holy."
But "frack" also happens to sound like "smack" and "whack," with more violent connotations.
"When you hear the word `fracking,' what lights up your brain is the profanity," says Deborah Mitchell, who teaches marketing at the University of Wisconsin's School of Business. "Negative things come to mind."
Obama did not use the word in his State of the Union address Tuesday night, when he said his administration will help ensure natural gas will be developed safely, suggesting it would support 600,000 jobs by the end of the decade.
In hydraulic fracturing, millions of gallons of water, sand and chemicals are pumped into wells to break up underground rock formations and create escape routes for the oil and gas. In recent years, the industry has learned to combine the practice with the ability to drill horizontally into beds of shale, layers of fine-grained rock that in some cases have trapped ancient organic matter that has cooked into oil and gas.
By doing so, drillers have unlocked natural gas deposits across the East, South and Midwest that are large enough to supply the U.S. for decades. Natural gas prices have dipped to decade-low levels, reducing customer bills and prompting manufacturers who depend on the fuel to expand operations in the U.S.
Environmentalists worry that the fluid could leak into water supplies from cracked casings in wells. They are also concerned that wastewater from the process could contaminate water supplies if not properly treated or disposed of. And they worry the method allows too much methane, the main component of natural gas and an extraordinarily potent greenhouse gas, to escape.
Some want to ban the practice altogether, while others want tighter regulations.
The Environmental Protection Agency is studying the issue and may propose federal regulations. The industry prefers that states regulate the process.
Some states have banned it. A New York proposal to lift its ban drew about 40,000 public comments ? an unprecedented total ? inspired in part by slogans such as "Don't Frack With New York."
The drilling industry has generally spelled the word without a "K," using terms like "frac job" or "frac fluid."
Energy historian Daniel Yergin spells it "fraccing" in his book, "The Quest: Energy, Security and the Remaking of the Modern World." The glossary maintained by the oilfield services company Schlumberger includes only "frac" and "hydraulic fracturing."
The spelling of "fracking" began appearing in the media and in oil and gas company materials long before the process became controversial. It first was used in an Associated Press story in 1981. That same year, an oil and gas company called Velvet Exploration, based in British Columbia, issued a press release that detailed its plans to complete "fracking" a well.
The word was used in trade journals throughout the 1980s. In 1990, Commerce Secretary Robert Mosbacher announced U.S. oil engineers would travel to the Soviet Union to share drilling technology, including fracking.
The word does not appear in The Associated Press Stylebook, a guide for news organizations. David Minthorn, deputy standards editor at the AP, says there are tentative plans to include an entry in the 2012 edition.
He said the current standard is to avoid using the word except in direct quotes, and to instead use "hydraulic fracturing."
That won't stop activists ? sometimes called "fracktivists" ? from repeating the word as often as possible.
"It was created by the industry, and the industry is going to have to live with it," says the NRDC's Sinding.
Dave McCurdy, CEO of the American Gas Association, agrees, much to his dismay: "It's Madison Avenue hell," he says.
___
Jonathan Fahey can be reached at http://twitter.com/JonathanFahey.
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Though Savannah is the fourth largest port in the U.S. by volume, it is the largest single container terminal in the nation, with CNBC's Jane Wells.
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Getty ImagesRoy Oswalt doesn't have a team yet this offseason, with spring training approaching.
OPINION
By Tony DeMarco
NBCSports.com contributor
updated 9:58 p.m. ET Jan. 26, 2012
|
And that likely means Frank McCourt is going to get at least $1.5 billion for the team he ran into the ground ? which doesn't seem right, but it will be the biggest-ever price tag for an MLB franchise.
Even at that number, the Dodgers could turn out to be a bargain, with an expected mega-dollars television rights deal along the lines of the one Angels owner Arte Moreno recently landed.
McCourt has until April 1 to pick a successor ? subject to the ultimate approval of MLB, with mediation possible in case of a dispute ? but it could come sooner. But certainly by the first week of the regular season, we're going to know who will head what should be one of the great sports-franchise turnarounds. In the very near future, MLB should have its West Coast version of the Yankees or Red Sox.
That could leave Oswalt to chose between the Rangers, Cardinals, Reds, or even the Tigers. The problem is that neither of Oswalt's top two choices ? Texas and St. Louis ? has a big need for another starter.
The Rangers can line up six quality starters without Oswalt: Yu Darvish, Neftali Feliz, Derek Holland, Colby Lewis, Matt Harrison and Alexi Ogando. And the defending world champions will get Adam Wainwright back to top the 2012 rotation that includes Chris Carpenter, Jaime Garcia, Kyle Lohse and Jake Westbrook, with top prospect Shelby Miller in the wings.
Cespedes is listed at 26, and at a solid 5-10 and around 190 pounds, with power and capable of playing center field, reminds you of former Dodgers outfielder Raul Mondesi.
The list of reported suitors reportedly includes the White Sox, Orioles, Marlins, Indians, and Cubs. There could be immediate opportunities in left field with the White Sox and Orioles, and the Indians need a right-handed-hitting complement to their three projected left-handed hitting outfield starters.
The Marlins have the geographic edge, but not an apparent immediate opening unless they turn Emilio Bonafacio into a super-utility player rather than a regular center fielder ? not a bad idea, come to think of it.
But the Cubs are the most-intriguing possibility, especially since they haven't made a major financial move in a restructuring that so far, has resulted in this plus-minus roster churning:
Gone: Aramis Ramirez, Carlos Zambrano, Carlos Pena, Sean Marshall, Andrew Cashner, Tyler Colvin, D.J. LeMahieu.
Arrived: Anthony Rizzo, Paul Maholm, Chris Volstad, David DeJesus, Ian Stewart, Travis Wood.
They've cleared a lot of money, gotten younger and more left-handed, and built a little pitching depth, and Cespedes would give them another potential middle-of-the-order type they desperately need.Here's one projected Cubs lineup as the roster stands now: SS Starlin Castro, 2B Darwin Barney, CF Marlon Byrd, LF Alfonso Soriano, 1B Rizzo/Bryan LaHair, C Geovany Soto, 3B Ian Stewart, RF David DeJesus. Obviously, there's a huge void in the middle.
There's no better fit for him than where he's at, and given his addiction history, comfort level has to be a major factor in his decision-making. But just as with Fielder and Albert Pujols, there are obvious misgivings about a very-long-term deal for Hamilton, who will turn 31 in May.
Since playing 156 games in 2008, Hamilton's season totals have been 89, 133 and 121. Those last three numbers will be discounted some if Hamilton can log 150-plus games in 2012. But another injury-interrupted season will only add to durability questions.
But if Hamilton puts up another MVP-type season similar to Fielder's 2011, then you know somebody ? and all it takes is one ? will go way past the range of conventional wisdom in terms of contract length and money. And that's not likely to be the Rangers ? even though they can afford Hamilton as their new television deal kicks in.
The situation dictates a short-term/big money extension ? three or four years in the $25-million per season range.
If he'll take a dramatically reduced salary, there's a chance he could return to the Yankees to platoon at DH with Andruw Jones. The A's are another reunion possibility, but it's likely Damon will add AL team No. 7 to his resume.
Seattle desperately needs offense of any kind, has money to spend, and currently has right-handed-hitting Trayvon Robinson penciled in as the regular left-fielder. And Minnesota's projected starting outfield is Ben Revere, Denard Span and Josh Willingham, so there certainly are at-bats to be had there.
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More newsGetty ImagesDeMarco: Just because Prince? Fielder finally signed, that doesn't mean the offseason is out of storylines. Here's what has to be sorted out before spring training starts in three weeks.
Source: http://nbcsports.msnbc.com/id/46156759/ns/sports-baseball/
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Motorola's automated smartphone rule system first appeared on its Droid Razr; a way of sidestepping laborious menu hopping for everyday tweaks and extra functionality -- with some location-based awareness thrown in. Motorola's senior VP, Alain Mutricy, recently announced that the company plans to continue the roll-out of this smart actions system, presumably on its Razr series, which will also see further expansion this year. The VP added that Motorola will focus on its high-end hands in the US, continuing to roll-out LTE capable handsets. Moto's earnings report will arrive soon and should set the stage for whatever else its new owners are plotting for 2012.
Motorola to continue pushing 'smart actions', wants to make you look cleverer originally appeared on Engadget on Wed, 25 Jan 2012 15:03:00 EDT. Please see our terms for use of feeds.
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CAIRO (Reuters) ? A few dozen activists huddle around tents on a grubby traffic island in Cairo's Tahrir Square, a forlorn reminder of the revolutionary ardor that ended Hosni Mubarak's 30-year rule.
A year on, the revolution that youth activists spearheaded appears to have stalled as the military rulers who replaced Mubarak seem to be exploiting opposition splits and popular fears of chaos to shore up their power and limit the scope of change.
Many Egyptians admire the youthful fervor of the revolutionaries but oppose their implacable hostility to the military caretakers, who have pledged to step aside by mid-year and hand power to elected civilians.
In a nod of approval to the army's transition timetable, voters have thronged polls for Egypt's first free parliamentary vote in decades and elected an assembly dominated by Islamists.
Their victory is a huge change in itself. Egyptians speak more freely a year on, their daily protests evidence both of newfound liberties and hope that people can make a difference.
For activists, however, the revolution will be incomplete as long as the army remains in power. Too little has changed, they say, to end a street movement demanding deeper, broader, faster reform. New campaigns have been born, such as 3askar Kaziboon, or Military Liars, in which activists roam the streets showing videos of protesters wounded since the end of the 18-day revolt.
"The more time has passed the more people have become convinced that the regime has not changed... They decapitated the regime so that the people would calm down, convinced that change has happened when it has not," said Amal Bakry of the No To Military Trials pressure group set up after the revolt. "It's still present in its ministers, its government, in everything."
Kamal al-Ganzouri, the generals' choice for prime minister, led the cabinet under Mubarak in the 1990s.
Mohamed Hussein Tantawi, the general who is now Egypt's ruler, was Mubarak's defense minister for two decades. A leaked U.S. embassy cable said officers called him Mubarak's "poodle."
An emergency law in force since 1981 remains. The generals say it is necessary to keep order, but activists say it allows them to ride roughshod over civil liberties as Mubarak once did.
No To Military Trials estimates 12,000 people have been referred to military courts since Mubarak fell, four times the number who faced that fate during his 30-year tenure, when state security courts were the venue of choice for emergency trials.
Some were jailed for their criticism of the military council and now speak of a campaign to crush the pro-democracy movement.
Sipping tea at a cafe in an upscale district of Cairo, Bakry said her group struggled, at first, to convince Egyptians that the army was trying to block real democratic change.
The army was feted for pushing Mubarak aside last February and ensuring order when his hated state security forces fled the streets, but its handling of street protests in recent months has appeared at times to take a leaf out of Mubarak's book.
In October, at least 25 people were killed near the state media building in Cairo. Protesters say military police drove vehicles into a crowd of protesters and fired live shots. The army blamed foreign elements and other instigators. Watching state media, some Egyptians thought the army had been attacked.
"People were not emotionally ready to face the truth," Bakry said. "They did not want to admit that the revolution had been defeated and ... that the army, so highly regarded among the people, was doing all these things."
TRANSITION TO CIVILIAN RULE
Egyptians willing to give the army the benefit of the doubt went out to vote for parliament from November 28 and found they could cast their ballots for the first time without fear of intimidation from thugs or finding ballot boxes already stuffed.
The new assembly, which held its first sitting on Monday, is dominated by the Muslim Brotherhood -- officially banned from politics under Mubarak.
Egyptians speak more freely since the revolt, they can and do protest more freely despite repeated crackdowns and they have set up a dizzying number of political parties in recent months.
There has been an increase in what activist Mozn Hassan, head of Nazra for Feminist Studies, calls "active citizenship."
"It could fail, it could be stolen but there are spaces and subjects open now that you could not discuss in 2010," she said.
"Whether you like what happened or not, there has been an experience with political parties now."
But critics question how much say new deputies will have in drafting the new constitution or naming the government. Under the latest timetable, there will be a two-month window from the end of parliamentary elections in March to presidential polls in June in which to name a 100-member body to draft the document, agree on its contents and put it to a referendum.
To those who have campaigned for years for an empowered parliament and for the rule of law, it seems the generals are railroading the reform process. The army says it will not field a presidential candidate, but activists worry it will back its preferred choice via state media, with others unable to compete.
Veteran activist and politician Ayman Nour told Reuters the army was conceding control of parliament to politicians while trying to keep its grip over the powerful presidency.
"They see it as them giving parliament to political forces, or Islamic forces, while they keep their right to a president who belongs to them," he said. "They want a person to whom they can give instructions, who guarantees loyalty to them."
Disappointed by what they see as the superficial reforms of the army-led transition, candidates have quit the presidential race. Mohammed ElBaradei, former head of the U.N. nuclear agency, withdrew complaining too little had changed. So has Nour, the only man to ever challenge Mubarak to the presidency.
Since the uprising, Nour has failed to overturn a Mubarak-era conviction on charges of falsifying party registration documents that bars him from the presidential race. Critics complain that Egypt's judiciary is still filled with Mubarak-era appointees who resist change. Mubarak-era laws remain in place.
"I warned from Tahrir Square of the danger of leaving responsibility in the hands of the army, and I said clearly that I fear the military beret and the religious turban," Nour said.
"The counter-revolution is managing Egypt now."
ONE YEAR ON
Egypt's most powerful Islamist force, the Muslim Brotherhood, has largely kept its followers off the streets to focus on winning elections, consolidating its power inside parliament and working through the institutions of state.
Egyptians tired of political turbulence that has hit the economy and keen to restore normality, say it is time to end protests and give the newly-elected parliament a chance.
Despondent at the Brotherhood's position, street activists want to wrest back the initiative and are urging mass protests against the generals on the January 25 anniversary of the uprising.
With marches, wall art and videos of wounded protesters, activists are trying to revive the euphoria that swept the Arab world in 2011 for fear that creeping fatalism among their compatriots could allow Egypt to return to authoritarian rule.
"I am against protesting on January 25. Military rule will be meaningless after the parliamentary and presidential election; you are rushing something that if you wait will come on its own," said 30-year-old Ahmed Farouq, an optician who, like some two thirds of Egyptians, voted for Islamists. "Ordinary citizens want to calm down and achieve stability."
The army has declared January 25 a public holiday to celebrate, part of what critics say is an effort to appropriate what the revolution stands for and limit calls for change. It appears to have stepped up Mubarak-era scrutiny of civil society groups.
In December, Egyptian authorities swooped on some 17 non-governmental groups, part of a probe into what they say are illegal foreign funds for political activities.
Nazra was not raided but has faced a smear campaign.
"They said I was an American agent!" said Hassan, slumping her head on the desk in mock shame. "Our funding delays worsened after the revolution. It was hard anyway but it worsened."
The April 6 Youth Movement, one of the army's most prominent critics, has been labeled a foreign-funded agency doing the bidding of unnamed outsiders. Its members say they are regularly attacked by "concerned citizens" who think they are spies.
Many campaigners say the real revolution has not happened in the government but in the Egyptian people, who have found more courage to stand up for their rights.
"The real change is in the people who acted, people like me who had never been to a protest in my life before January 28 last year... Now there are thousands, hundreds of thousands who are willing to be part of this change," said Bakry.
Hassan agreed: "Uprisings are 18 days, protests are 18 days, but if you want use the word revolution in a difficult society like Egypt's... you are talking 10 years."
(Additional reporting by Tamim Elyan and Tom Perry; Editing by Tom Pfeiffer and Diana Abdallah)
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It looks like that redesign was worth it. The Google-owned video site has recently revealed that it's now streaming 4 billion videos every day, up 25 percent on daily views from eight months earlier. According to Reuter's report, the site now has to deal with around 60 hours of uploaded video every minute. As long as those education videos are kept separate and the cat content keeps coming, we'll be happy.
Youtube hit 4 billion views per day, deals with 60 hours of uploaded content every minute originally appeared on Engadget on Mon, 23 Jan 2012 07:45:00 EDT. Please see our terms for use of feeds.
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Good news: You've been promoted to CEO! Bad news: Public perception of your company has tanked over the past few years, and your stockholders are looking at you to save the day. What ever you do first, just hope that you don't give the world that sound bite that suggests you think everything is okay and that nothing at the company needs to change. Whoops! Less than 24 hours after RIM's executive shakeup, the company is already seeing its first "drastic change": its stock price.Source: http://feedproxy.google.com/~r/Techcrunch/~3/Gm1aI6ipcJQ/
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TORONTO/LONDON (Reuters) ? The new leader at Research In Motion on Monday dismissed talk of drastic change at the BlackBerry maker, a declaration seized on by impatient investors who say Thorsten Heins has only 12 to 18 months to turn RIM around.
Takeover talk, swirling around RIM for months, picked up steam as Heins took the helm at a once-dominant smartphone company that now struggles to compete. But RIM's shares tumbled more than 8 percent as investors wondered whether Heins could reverse RIM's decline.
"I don't think that there is some drastic change needed. We are evolving ... but this is not a seismic change," said Heins, who joined RIM in 2007 and previously served as a chief operating officer.
RIM's co-CEOs Mike Lazaridis and Jim Balsillie, the men who engineered RIM's rise, resigned on Saturday after intense investor pressure. Their presence had been seen as a big obstacle to a possible sale of the company, although Heins insisted that was not an option he was considering.
Shareholders and analysts have grown impatient in recent months and calls for Lazaridis and Balsillie to step aside had reached a crescendo. RIM has lost market share and market value after being comprehensively outplayed by Silicon Valley tech giants Apple and Google.
"If Thorsten really believes that there are no changes to be made, he will be gone within 15 to 18 months. He will be a transitional CEO and this will be a transitional board," said Jaguar CEO Vic Alboini, who leads an informal group of 16 RIM shareholders calling for a radical restructuring. The group holds a little less than 10 percent of RIM's stock.
Lazaridis and Balsillie - two of RIM's three largest shareholders with more than 5 percent each - will remain board members, while Lazaridis will also head a newly created innovation committee. Their new roles suggest continuity was a goal in the transition.
Critics have called for a new leader who can rejuvenate both the design and operational sides of the business, or prepare it for sale to one of a raft of rumored buyers.
Heins, a former Siemens AG executive, said during a conference call on Monday that he would hone rather than abandon current strategy at RIM, which after years of massive growth needed to start operating like a mature business, not a startup.
The new CEO, who scored his last major promotion as RIM was shedding some 2,000 jobs last June, said no further job cuts were currently planned and that with RIM's $1.5 billion in cash he had no qualms in spending on the right projects.
"If I have a great strategic project or a good business case I can go to the board anytime and ask for approval for additional investment and the money's in the bank to do this," he said.
INVESTORS DISAPPOINTED
Analysts were cautious.
"People may have been a little disheartened that he was defending the current RIM strategy," said Morgan Stanley analyst Ehud Gelblum. "I think (investors) might have wanted to hear a mea culpa."
"People would have been happier hearing 'we are on the wrong path'. We didn't hear a lot of talk about change."
Jaguar's Alboini criticized the retention of Balsillie and Lazaridis on RIM's board and called for several other board members to step down before RIM's mid-year annual meeting.
"If we're wrong, prove us wrong," Alboini said in an interview, referring to the group of shareholders who support his view. "This group is not going anywhere. This is just putting RIM in a position where it might be able to get back into the game. It's early days."
Barbara Stymiest, a former banking and exchange executive, will replace Lazaridis and Balsillie as the chair of the board. Stymiest, a RIM board member for five years, is also viewed as an insider tied to the old regime.
LOOKING AHEAD
Heins' immediate concerns are to generate sales of RIM's current lineup of BlackBerry 7 touchscreen devices, deliver on a promised software upgrade for its PlayBook tablet computer by February, and rally RIM's troops to launch the next-generation BlackBerry 10 phones later this year.
But even if he had a credible overall plan to foster change, some analysts question whether RIM had fallen too far behind its competitors to catch up.
Its existing product lineup has struggled to compete with Apple's iPhone and iPad and the slew of devices from Samsung and others using Google's Android operating system. In North America particularly, RIM has hemorrhaged market share during a year marked by product delays and a botched launch of the PlayBook.
"If RIM's going to grow in the U.S. ... they have to have products better than the iPhone or Android," said Pacific Crest analyst James Faucette. As of now, "they don't have products that are competitive with those, let alone better."
But RIM has also shown a renewed seriousness about getting its message delivered, hiring crisis management firm Sitrick and Company as strategic counsel.
Sitrick helps companies in crisis and celebrities navigating scandal. Clients have included Paris Hilton as she faced jail time and Michael Vick, an NFL quarterback involved in a dog-fighting ring. The firm also helped Roy Disney remove Michael Eisner as chairman of Walt Disney.
SEEKING A PLAN
Analysts circled their calendars for an analyst day in early May as the first opportunity for the new leader to lay out a detailed plan for reversing the decline.
The event "will now become the focal point to the unveiling of Thorsten's vision," CCS Insight analyst Ben Wood told Reuters. "The speed with which you make strategic changes and implement them is absolutely critical because the mobile phone business will not stand still."
"If there are no meaningful signs of an imminent turnaround, then I think the spotlight will turn back on to the assets that RIM holds and who they might be attractive to."
Investors have seized on any rumor of a deal involving RIM as a reason to celebrate, whether talk is of a pact with Amazon as reported by Reuters in December, or with Samsung last week.
Analysts have said logical buyers for RIM also include fellow-struggler Nokia, perhaps with support from Microsoft, and Facebook which is increasingly pushing its content to users via their mobile phones.
If there is no obvious buyer, Heins has more immediate options to add value to the business.
RIM could license its software or integrate its email package, a strategy that many analysts and investors have thought the company might pursue. Heins said it would be wrong to focus on that option but he is still open to discussions.
"RIM have had big challenges in the past and they succeeded in moving from a corporate product to be also a consumer product, to get a foot in the consumer market and very few people expected them to do that," consultant John Strand said.
"Now they have to reinvent themselves again."
RIM's U.S.-listed shares closed 8.5 percent lower at $15.56, for a market capitalization of little more than $8 billion. In the company's heyday, just three and a half years ago, it had a market capitalization around $80 billion.
(Additional reporting by Sinead Carew in New York and Andrea Hopkins in Toronto; Editing by Frank McGurty and Janet Guttsman)
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JERSEY CITY, N.J.?? Josue Rafael Orellana Garcia fled his impoverished neighborhood in Honduras for the United States as a teenager, to escape what began as teasing over his disabilities and escalated into what his mother said were threats to kill him if he did not join a gang.
Making his way illegally to New Jersey to be with his mother, he applied for asylum in 2008, claiming he'd be killed by gangs if forced to return to the small but violence-plagued nation. He lost his case, was deported in 2010, and last year was found dead, his body riddled with bullets. He was 20.
Now his family has taken the unusual step of trying to win him asylum posthumously. His attorney, Joshua Bardavid, said it's an effort to get the U.S. government to acknowledge the "entire system let him down" and to call attention to the plight of thousands of Central American teenagers.
But the case also highlights a growing debate among immigration experts over whether the grounds for asylum in the United States should be expanded to include more modern forms of conflict, such as gang violence.
To be granted asylum in the U.S., applicants must prove a well-founded and documented fear of persecution because of their race, religion, nationality, political opinion or membership in a particular social group. They must also show that the government or ruling authority in their home country is unwilling or incapable of adequately protecting them.
U.S. Immigration Judge Frederic Leeds in Newark found Orellana's claims credible but said the young man had not sufficiently documented that he and his family had been targeted by gangs. Even if he had, there is no legal precedent for extending "the concept of family group to the concept of joining gangs," wrote the judge, while expressing appreciation for what he said were creative arguments on the young man's behalf.
Though the law does not consider the threat of gang recruitment as meeting the definition of a protected social group, some believe it should, said Dana Leigh Marks, the president of the National Association of Immigration Judges.
"There are those who would argue the asylum law is old-fashioned and needs to be modernized, while others would argue it is a limited remedy that is not supposed to resolve all problems and allow everyone to qualify," Marks said.
The Office of the United Nations High Commissioner for Refugees, the international body responsible for the protection of refugees and asylum seekers worldwide, issued a memo in 2010 urging courts to expand existing asylum law interpretations to consider victims of organized gangs as warranting protection, if their cases satisfy all other legal requirements.
But those who oppose expanding the class of potential asylum seekers say it could undermine an already overburdened U.S. immigration system with a flood of new applicants.
"There's no limit to the categories you could add by our (U.S.) standards. There is a lot of oppression in the world," said Steven Camarota, director of research at the Washington, D.C.-based Center for Immigration Studies, an organization which advocates stricter immigration rules and believes asylum and all other aspects of immigration law should be decided by the U.S. Congress, not the courts.
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"We may find the treatment of women in some countries poor, compared to our standards, but would you say if they're treated poorly, they're a member of a particular social group?" Camarota said.
Ricardo Estrada, a minister of migratory affairs with the Honduran embassy in Washington, said he was not familiar with Orellana's case but that "it's likely that his story could be true, because conditions point to it."
"Lamentably, our country is going through a crisis of violence," Estrada told The Associated Press, in an interview conducted in Spanish. "The problem is enormous, and security is an issue the government is really trying to tackle, but it's very challenging with a government that has little resources in comparison to the narco-cartels, who often have better arms than the police."
Investigators face a huge backlog of homicide investigations, but have few resources, he said.
Honduras has the highest homicide rate in the world, according to a 2011 United Nations report which cited 6,200 killings, or 82.1 murders per 100,000 inhabitants, in 2010. Earlier this month, the Peace Corps withdrew all volunteers from the country, citing safety and security concerns. The U.S. agreed this past week to send a team of experts to help the Honduras government with "citizen security issues."
In a motion filed in December with the Board of Immigration Appeals, Bardavid argued that Orellana, as a result of being shot dead after being deported, now meets the burden of proof required of asylum applicants to show they would suffer irreparable harm if sent back to their country.
"I think it's something that needs to be acknowledged: that we failed him; that he came here seeking safety, and the entire system let him down," Bardavid said.
Spokeswoman Kathryn Mattingly of The Executive Office for Immigration Review, which oversees the BIA, said the agency does not comment on pending cases or prior decisions.
Orellana's mother, Josefa Rafaela Garcia Mejia, lives legally in the United States under a program that allows immigrants from qualifying countries to live and work in the U.S. on a restricted visa. She said gangs killed her son, the youngest of her four children.
Orellana had been picked on from a young age after losing one eye and much of his hearing from being struck by a tree during Hurricane Mitch, which devastated much of Honduras in 1998, Garcia said. She sent money home, working as a home health aide in New Jersey, to support Orellana and his three siblings, and to buy him a glass eye.
As he got older, his mother said, Orellana told her in frequent phone calls that he was being pursued and threatened by gangs that controlled their San Pedro Sula neighborhood, trying to recruit young people. The threats got so bad, she said, her son fled, against her advice. He was alone at the age of 17 when he crossed illegally into the U.S. to join her in New Jersey.
In a court hearing in July 2009, the judge asked Orellana why, if he had been attacked several times by notorious Central American gangs, he had never gone to the police to file a report.
"Like I mentioned, we would call the police but the police were afraid to come where we lived," Orellana replied.
After Leeds' decision was upheld on appeal, the young man was deported to Honduras in March 2010. He disappeared on July 23, 2011, after telling his grandmother he was running to the store, his mother said. His body was discovered three days later in a nearby wooded area, according to a story in the Honduran newspaper La Tribuna.
"I say as a mother, as a Christian woman, my son was not involved with gangs; he never carried so much as a nail clipper," Garcia said, crying as she clutched a photograph of him. "If they had not deported my boy, he would not be dead."
___
Follow Samantha Henry at http://www.twitter.com/SamanthaHenry
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Source: http://www.msnbc.msn.com/id/46092033/ns/us_news/
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As a serial MMO vanity pet collector, I?m thrilled to have gotten a few minutes of lead systems designer Damion Schubert?s time to talk about SWTOR?s adorable mechanical vanity pets. Read on for some details on upcoming additional ways to obtain vanity pets beyond purchasing from a vendor, pet improvements we can expect to see in the next major content patch, and find out which of the current pets is his favorite.
IR: Vanity or companion pets were added to the game pretty close to the end after a significant amount of forum speculation as to whether or not they would be in-game. Were they always on the road map for inclusion?
DS: They were always on the road map for inclusion!? One of the things about project development of a massive MMO is that you have to prioritize features in the best way to ensure the project gets done.? Tops are features that have high content requirements (such as story) and/or have major impacts on testing the core gameplay and world flow (such as combat and worldbuilding), so features that impacted those elements were built first.? Features that were more auxiliary to that, such as vanity pets and the dressing room, were less central ? not having them in wasn?t going to make the beta substantially worse or prevent other devs from doing their jobs ? and so those features were prioritized downwards.? But we knew we wanted them in.
IR: Right now, the pets we are seeing are all purchasable, some with light/dark side alignment requirements. Any intentions of having some that are drops in the future?
DS: Absolutely!? In fact, some of these should show up in our next major patch!? I don?t want to give out too big a hint, but they smell kinda bad on the outside.
IR: Do any of the currently discovered pets interact with their environment? i.e. in reply to locations/activities or emotes?
DS: Not at this time.? It?s something we?d like to add, but there are higher code priority features in queue right now.
IR: Is there going to be any way for characters to obtain opposite-faction pets?
DS: We currently have LS/DS pets, not opposite faction pets.? That?s not to say this won?t change.? One of the things we want to do a lot more of is adding items that take a bit of communal exploration to discover ? we?re well aware of how popular Datacrons and the Magenta Lightsaber crystal is ? and minipets is one place where we?ve identified adding fun things like that could really pay off.
IR: Are there plans to add in more pets? I?ve seen some pretty swanky robots out there I?d love to have miniaturized and following me along on my journeys.
DS: We plan to add a steady stream of new vanity pets to most major patches.? Note: I didn?t say ?all?, but we?re making a concerted effort to do this frequently.
IR: Will social level and eventually legacy level be key items pet collectors will want to focus on for access to more pets? Or do you think you will be finding additional ways such as random drops to spread around the pets?
DS: Yes, and yes!? We want to use the pets to reward as many kinds of gameplay as we can.
IR: Which is your favorite vanity pet in game currently and why?
DS: I gotta say, the little sandcrawler just cracks me up every time I see it.
IR: Any other improvements we can count on?
DS: Yep!? The abilities page just got restructured to improve usability, and one of the things that fell out of that was a dedicated ?Pets? section.? This will come in the next major patch.
A big THANK YOU! to Damion for taking the time to talk minipets with us!
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Source: http://inquisitorsroadhouse.com/2012/01/20/swtor-vanity-pets-qa-with-damion-schubert/
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If you work from home, or just at a company with employees scattered around the globe in different offices, you need a tool to let you all set eyes on one another, share the same screen, collaborate on documents, and collectively work together even though you're miles apart. This week we'd like to know which service you or your company uses to get the job done.
It's been a while since we talked about online meeting services, and we thought it was time to check back and see if the landscape has changed. New features have appeared with better features, and even some social networks like Google+ have added screen sharing and collaboration features. Let us know which tool you think is the best in the comments below.
Hive Five nominations take place in the comments, where you post your favorite tool for the job. We get hundreds of comments, so to make your nomination clear, please include it at the top of your comment like so: VOTE: BEST ONLINE MEETING SERVICE. Please don't include your vote in a reply to another commenter. Instead, make your vote and reply separate comments. If you don't follow this format, we may not count your vote. To prevent tampering with the results, votes from first-time commenters may not be counted. After you've made your nomination, let us know what makes it stand out from the competition.
About the Hive Five: The Hive Five feature series asks readers to answer the most frequently asked question we get: "Which tool is the best?" Once a week we'll put out a call for contenders looking for the best solution to a certain problem, then YOU tell us your favorite tools to get the job done. Every weekend, we'll report back with the top five recommendations and give you a chance to vote on which is best. For an example, check out last week's five best wallpaper sites.
Photo by Bernard Goldbach.
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Wylie W. Vale Jr., a professor at the Salk Institute for Biological Studies in La Jolla and an internationally renowned expert on brain hormones who led a team of Salk researchers that discovered the brain hormone that triggers the body's reaction to stress, has died. He was 70.
Vale died unexpectedly in his sleep Jan. 3 while on vacation in Hana on the Hawaiian island of Maui, said his wife, Betty. The cause of death has not been determined.
The Texas-born Vale, who joined the Salk Institute in 1970, became one of the world's leading authorities on peptide hormones and growth factors that provide communication between the brain and endocrine system (the organs that produce the body's hormones).
His research team's landmark discovery came in 1981.
"He cracked one of the most challenging problems of our era: He discovered the brain hormone that serves as the on-off switch to the body's stress response, sometimes called the fight-or-flight response," said Ronald M. Evans, a professor and hormone expert at the Salk Institute.
"This has been the subject of speculation and investigation for more than a hundred years," said Evans, adding that Vale had been working on the problem for about 15.
"There was a big effort to try and find the secret for how the stress response is controlled, but the molecule was elusive, present in vanishingly small amounts," Evans said. "The technological challenge was enormous. This was like trying to climb Mt. Everest in biology."
Vale had earned a doctorate in physiology and biochemistry in 1968 at Baylor College of Medicine in Houston, where he trained in the lab under Roger Guillemin.
After Vale followed Guillemin to the Salk Institute in 1970, they continued to work together on perfecting the technology that led to isolating the first two brain peptides. That work led to Guillemin's becoming one of three American scientists who won the 1977 Nobel Prize in physiology and medicine.
In 1978, Vale struck out on his own, setting up an independent lab at the Salk Institute to continue the hunt for the elusive stress hormone.
After Vale's 1981 breakthrough, "neuropeptide discovery exploded into a whole new field of research, which continues today," Evans said.
"The molecule he isolated was called CRF ? corticotropin releasing factor," Evans said. "It's how the brain controls the production of cortisone from the adrenal gland, which is part of the stress response.
"But the discovery of CRF led to the realization that there was a small family of related neuropeptides that help to control anxiety, depression, anorexia, diabetes and drug abuse."
In 1982, Vale and his team discovered another hormone: the growth hormone releasing factor (GRF), which controls the body's growth. "It was another big advance in completing the puzzle of neuropeptides," Evans said.
Vale and his team discovered more than a dozen neuropeptides and their signaling mechanisms.
Vale co-founded two biotech companies ? Neurocrine Biosciences and Acceleron Pharma ? that have gone on to develop the medical and therapeutic potential of his discoveries.
"There are several drugs currently in the clinic and both are for controlling the stress response, as well as controlling metabolic diseases such as diabetes and heart disease," Evans said.
Another treatment that's in advanced clinical trials controls endometriosis, an inflammatory disease of the ovaries commonly linked to infertility.
Vale, who was born in Houston on July 3, 1941, and earned a bachelor's degree in biology from Rice University in 1964, also was an adjunct professor of medicine at UC San Diego. He was elected to the National Academy of Sciences in 1992.
In addition to his wife of 42 years, Vale is survived by his daughters, Elizabeth Gandhi and Susannah Howieson; his father, Wylie; his brother, Shannon; and a granddaughter.
dennis.mclellan@latimes.com
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Martin Luther King III has announced his resignation from his post as President of The King Center, with immediate effect, in a statement published on the?Atlanta Business Chronicle?Web site, on Tuesday.
The King Center, founded in 1968,?is a hub devoted to the legacy of his father, Dr. Martin Luther King Jr., and is the largest repository of primary source material on both him and American Civil Rights Movement, in the world.
The resignation comes a day after the country celebrated the Rev. Martin Luther King Jr. Day, a federal holiday established to honor his memory and service to nation. The King Center had earlier announced changes in their top management, via a release on Jan. 9. According to that statement, Bernice King was to have replaced her brother as CEO, allowing King III to retain the President's post. King III had been working in both capacities since the spring of 2010.
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"I will be devoting my primary future efforts towards launching a new organization that will focus on supporting a new generation of young 'drum majors for justice' worldwide to expand my commitment to the Kingian principles of nonviolence, social justice, and human rights," King III said, in the statement announcing his resignation.
There are no details as to why King III resigned from his post. His statement, however, adds he will continue to be associated with the Center, as an active member of the Board.
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Source: http://www.ibtimes.com/articles/283487/20120118/martin-luther-king-iii-resigns-president-center.htm
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Castle - Episode 4.12 - Dial M for Mayor - Promo bit.ly/zYV3u1 
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