Monday, October 31, 2011

With Angry Birds Merchandise, Rovio?s Peter Vesterbacka Plans To Out Pirate The Pirates

scaled.DLNG2127As proven by the massive success of the Angry Birds plush line, the world has a hungry for real-world Angry Birds wares. No where is that more apparent than Beijing, where the halls of countless toy shops and electronics stores are filled foot to ceiling with sundry Bird-themed goods, from sweatshirts and jeans to candy and balloons. The catch? Rovio didn't authorize any of it. Where others may see a problem, Rovio Mobile's Mighty Eagle (read: CMO) Peter Versterbacka sees opportunity. He roams these aforementioned shops in search of unauthorized goods ? but not to complain or throw around legal orders. He's there to find the best unofficial Angry Birds items? so he can copy them.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/X4TKDCgGS5I/

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Headphones Deserve Monoblock Tube Amps Too [Audio]

Monoblock tube amps are favored for their ability to deliver extra power and provide less cross talk (aka interference manifested as noise) when used as a pair. But monoblock amps dont normally support speakers and headphones as this one does. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/SxBBYZI_oVs/a-monoblock-tube-ampfor-headphones

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Saturday, October 29, 2011

Judge may take up motion in Edwards sex tape case (AP)

GREENSBORO, N.C. ? A federal judge in Greensboro may make a decision involving a contempt of court accusation in the case involving a purported sex tape depicting former presidential candidate John Edwards.

U.S. District Court Judge Catherine C. Eagles could decide Friday whether to allow lawyers in that case to subpoena federal prosecutors in the separate criminal case involving Edwards.

Lawyers for Rielle Hunter want the subpoenas to stand as part of their effort to show that former Edwards campaign aide Andrew Young, his wife and their lawyers improperly shared information in the civil case with federal prosecutors.

Hunter, who had an affair with Edwards during his unsuccessful White House run, is suing the Young for the return of personal property, purportedly including the sex tape.

A hearing on the contempt charge is scheduled for November.

Source: http://us.rd.yahoo.com/dailynews/rss/crime/*http%3A//news.yahoo.com/s/ap/20111028/ap_on_re_us/us_edwards_sex_tape

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Wall Street, finishing flat, posts 4 weeks of gains (Reuters)

NEW YORK (Reuters) ? Stocks closed out a fourth week of gains in quiet fashion on Friday, edging higher as the market took a breather after rallying 3 percent on Europe's deal to stem its debt crisis.

Though investors still have questions about implementing the deal, they appeared satisfied by Europe's progress as stocks ended their longest weekly winning streak of the year.

The S&P 500 rose 3.7 percent for the week. The benchmark index had a seven-week rally that ended in January, but only two of the weeks were in 2011.

October also was on track to be the best month for stocks since 1974, supported by strong earnings. Merck & Co Inc and Chevron Corp both topped expectations with financial results on Friday.

"For it to not sell off is as much a positive sign as anything," said Andrew Slimmon, managing director at Global Investment Solutions of Morgan Stanley Smith Barney in Chicago.

"We have had a very good earnings season and the benefit of what happened in Europe is that it allows investors to focus on the good earnings season and move the European problem from the primary worry to off the headlines."

The Dow Jones industrial average gained 22.56 points, or 0.18 percent, to 12,231.11. The Standard & Poor's 500 Index added 0.49 point, or 0.04 percent, to 1,285.08. The Nasdaq Composite Index shed 1.48 points, or 0.05 percent, to 2,737.15.

Concerns that the euro zone debt crisis would spread and stifle domestic bank profits had been a huge overhang for equities, with the S&P down almost 20 percent -- defined as a bear market -- early this month.

As optimism grew about Europe's debt plan, bulls began to gain momentum and the S&P 500 is now up more than 13 percent this month, on pace for its biggest monthly gain since October 1974.

According to Thomson Reuters data, of the 315 companies in the S&P 500 that have reported quarterly results, 71 percent have posted earnings above analyst expectations.

The head of Europe's bailout fund played down hopes of a quick deal with China for that country to throw its support behind efforts to resolve the crisis but said he expects Beijing to continue to buy bonds issued by the rescue fund.

Hewlett-Packard Co gained 3.5 percent to $27.94 a day after it said it was ditching a plan to spin off its personal computers unit, a plan that was expected to have cost billions of dollars in expenses and lost business.

A pair of Dow components posted stronger-than-expected earnings. Merck rose 2.3 percent to $35.11 after its profit and sales beat analyst estimates, and Chevron's profit more than doubled. The stock advanced 0.6 percent to $109.64.

MF Global Holdings Ltd slumped 16.1 percent to $1.20. Some customers are moving money away from the futures brokerage, rivals, hedge fund officials and analysts said, though the extent of the outflows is unclear.

Economic data on Friday showed U.S. consumer sentiment improved in October for the second month in a row as consumers felt more upbeat about the economy's prospects.

Volume was about 7.71 billion shares traded on the New York Stock Exchange, NYSE Amex and Nasdaq, below the daily average of 8.03 billion.

Declining stocks outnumbered advancing ones on the NYSE by 1,505 to 1,475, while on the Nasdaq, decliners beat advancers 1,406 to 1,114.

(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/nm/20111028/bs_nm/us_markets_stocks

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Thursday, October 27, 2011

Business Advice From Drug Dealers | Investing Featured ...

article_investing

Minyanville.com

Source: http://www.minyanville.com/businessmarkets/articles/thestreet-Drug-dealers-drug-deal-drug/10/26/2011/id/37589

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Obama to tout housing aid on western campaign swing (Reuters)

WASHINGTON (Reuters) ? President Barack Obama will tout newly unveiled measures on Monday aimed at aiding struggling homeowners and easing the housing crisis on the first leg of a campaign-style swing through western states crucial to his re-election in 2012.

Stymied by Republican resistance to his $447 billion jobs package and tapping into public displeasure with Congress, Obama is rolling out a series of economic remedies that do not require approval from a fractious Congress, a White House official said.

A leading U.S. housing regulator on Monday announced changes to a government refinancing program that could help up to one million homeowners classified as "underwater" because their mortgages cost more than their homes are worth.

The plan for homeowner relief will be the centerpiece of Obama's visit on Monday to Nevada, the state with the highest foreclosure rate in the country.

It is the latest White House effort to deal with a key factor stalling the economy -- a crippled housing market -- and adding to political liabilities for Obama, whose re-election bid is already imperiled by stubbornly high U.S. unemployment.

It remained unclear whether the Obama administration's revised approach, which falls short of an overarching plan that some experts have said is needed, will provide enough of a boost to the battered housing market to spur the stagnant U.S. economic recovery.

Earlier federal programs to curb housing foreclosures have failed to yield the benefits initially promised. An estimated 11 million U.S. homeowners hold properties that are worth less than their mortgages.

Seeking to show he is ready to take unilateral action to confront economic problems, Obama will also unveil a student loan initiative on a visit to Colorado. He will attend fundraising events in both states plus California during the three-day trip.

The states on Obama's tour were chosen deliberately.

Each has large populations of Hispanics, a voting bloc Obama's campaign is eager to win over. Nevada and Colorado are "swing states" that alternate allegiance between Republicans and Democrats, making them valuable political prizes in presidential elections. Both could prove critical to Obama's chances in the November 2012 election.

He will use them as a backdrop to make his latest push to boost the weak economy, which remains the biggest obstacle to his hopes of retaining the presidency. According to the White House official, he will also try out a new slogan to put pressure on Congress: "We can't wait."

'SAVE HIS OWN JOB'

Republicans, choosing among a field of presidential candidates currently led by former Massachusetts governor Mitt Romney and businessman Herman Cain, accused Obama of focusing more on fundraising than helping the unemployed.

"The president is back to doing what he does best -- raising money to save his own job," said Reince Priebus, chairman of the Republican National Committee, in a new advertisement. "Instead of focusing on getting the 14 million unemployed Americans back to work, he's focusing on protecting his own."

Housing is one area that has dogged Obama's efforts to improve the economy.

His administration has been working with the Federal Housing Finance Agency (FHFA), the regulator for mortgage giants Fannie Mae and Freddie Mac, to find ways to make it easier for borrowers to switch to cheaper loans even if they have little to no equity in their homes.

Obama will highlight the result of that work during his stop in Nevada, the epicenter of the foreclosure crisis.

Before Obama left Washington, the FHFA announced it was easing the terms of the two-year-old Home Affordable Refinance Program, which helps borrowers who have been making mortgage payments on time but have not been able to refinance as home values have dropped.

To help underwater borrowers, FHFA said it will scrap a cap that prohibits any homeowners whose mortgage exceeds 125 percent of the property's value from participating in HARP, which is targeted at loans backed by Fannie and Freddie.

Regulators are revamping the refinancing program to ensure banks are protected from having to buy back HARP loans. The requirements now state they will only have to verify that borrowers have made at least six of their last mortgage payments and in most cases, eliminate the need for appraisals.

FHFA said that Fannie and Freddie will waive certain fees for borrowers that refinance into loans with a shorter term, aiming for homeowners to pay down the amount they owe at a faster rate.

HARP, one of the Obama administration's anti-foreclosure efforts, was unveiled in March 2009 and expected to help as many as 5 million borrowers. So far, 893,800 borrowers have refinanced their loans through August by using HARP. FHFA said it will extend HARP until December 31, 2013.

With mortgage rates currently near record lows, allowing these underwater borrowers to refinance could help stave off a wave of foreclosures and free up cash for other spending that could help underpin the economy's recovery.

(Additional reporting by Caren Bohan, JoAnne Allen and Margaret Chadbourn; editing by Will Dunham)

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/nm/20111024/ts_nm/us_usa_campaign_obama

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Wednesday, October 26, 2011

HBT: Jays won't let Red Sox interview Farrell

There?s been some speculation that the Red Sox may be interested in hiring former pitching coach and current Blue Jays manager John Farrell to replace Terry Francona.

Because of that the Blue Jays have changed their policy about granting teams permission to speak to their employees and team president Paul Beeston released this statement:

Due to the distraction caused by media speculation regarding our employee permission policy, the Toronto Blue Jays have amended their policy and will not grant permission for lateral moves.

In other words, Farrell wouldn?t be allowed to interview for the Red Sox?s manager gig as long as he?s under contract as the Blue Jays? manager.

Source: http://hardballtalk.nbcsports.com/2011/10/25/blue-jays-change-policy-would-block-john-farrell-from-interviewing-with-red-sox/related/

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Africans remember Gadhafi as martyr, benefactor

FILE - In this March 19, 2011 file photo, supporters of besieged Libyan leader Moammar Gadhafi cheer as they rally in support of him in the city of Bamako, Mali. While Western powers herald the death of Gadhafi, killed Thursday, Oct. 20, 2011, many Africans are mourning a man who poured billions of dollars of foreign investment into desperately poor countries. Gadhafi backed some of the most brutal rebel leaders and dictators on the continent, but tens of thousands are now gathering at mosques built with his money and are remembering him as an anti-colonial martyr, and as an Arab leader who called himself African. (AP Photo/Harouna Traore, File)

FILE - In this March 19, 2011 file photo, supporters of besieged Libyan leader Moammar Gadhafi cheer as they rally in support of him in the city of Bamako, Mali. While Western powers herald the death of Gadhafi, killed Thursday, Oct. 20, 2011, many Africans are mourning a man who poured billions of dollars of foreign investment into desperately poor countries. Gadhafi backed some of the most brutal rebel leaders and dictators on the continent, but tens of thousands are now gathering at mosques built with his money and are remembering him as an anti-colonial martyr, and as an Arab leader who called himself African. (AP Photo/Harouna Traore, File)

FILE - In this March 19, 2011 file photo, supporters of beseiged Libya leader Moammar Gadhafi cheer as they rally in support of him in the city of Bamako, Mali. While Western powers herald the death of Gadhafi, killed Thursday, Oct. 20, 2011, many Africans are mourning a man who poured billions of dollars of foreign investment into desperately poor countries. Gadhafi backed some of the most brutal rebel leaders and dictators on the continent, but tens of thousands are now gathering at mosques built with his money and are remembering him as an anti-colonial martyr, and as an Arab leader who called himself African. (AP Photo/Harouna Traore, File)

(AP) ? Moammar Gadhafi's regime poured tens of billions of dollars into some of Africa's poorest countries. Even when he came to visit, the eccentric leader won admiration for handing out money to beggars on the streets.

"Other heads of state just drive past here in their limousines. Gadhafi stopped, pushed away his bodyguards and shook our hands," said Cherno Diallo, standing Monday beside hundreds of caged birds he sells near a Libyan-funded hotel. "Gadhafi's death has touched every Malian, every single one of us. We're all upset."

While Western powers heralded Gadhafi's demise, many Africans were gathering at mosques built with Gadhafi's money to mourn the man they consider an anti-imperialist martyr and benefactor.

Critics, though, note this image is at odds with Gadhafi's history of backing some of Africa's most brutal rebel leaders and dictators. Gadhafi sent 600 troops to support Uganda's much-hated Idi Amin in the final throes of his dictatorship. And Gadhafi-funded rebels in Sierra Leone forcibly recruited children and chopped off limbs of their victims, many of them innocent civilians.

Some analysts estimate that the Gadhafi regime invested more than $150 billion in foreign countries, most of it into impoverished African nations.

"Gadhafi was a true revolutionary who focused on improving the lives of the underdeveloped countries," said Sheik Muthal Bin-Muslim, from the Gadhafi mosque in Sierra Leone's capital that was built with Libyan funds. Muslim worshippers were planning an all-night vigil in honor of the slain Libyan leader.

In Bamako, the capital of the desert nation of Mali, one huge Libyan-funded mosque was built right next door to the U.S. Embassy.

And in Uganda, Gadhafi built a mosque that can host more than 30,000 people. Libyan-funded companies ? everything from mobile phone companies to cookie factories ? are valued at $375 million and employ more than 3,000 people in the small East African country. Schoolchildren and Muslim supporters lined the roads, waving Libyan flags, whenever Gadhafi visited.

"Gadhafi was a godfather to many Ugandans," said Muhammed Kazibala, a head teacher at a Libyan-funded school in the country's capital.

The Libyan leader also built a palace for one of Uganda's traditional kingdoms. It was a fitting donation for a man who traveled to African Union summits dressed in a gold-embroidered green robe, flanked by seven men who said they were the "traditional kings of Africa."

Gadhafi used Libya's oil wealth to help create the AU in 2002, and also served as its rotating chairman. During the revolt against Gadhafi, the AU condemned NATO airstrikes as evidence mounted that his military was massacring civilians.

Gadhafi's influence even extended to Africa's largest economy: The Libyan leader supported the African National Congress when it was fighting racist white rule, and remained close to Nelson Mandela after the anti-apartheid icon became South Africa's first black president.

Current President Jacob Zuma also was one of the most outspoken critics of the NATO airstrikes in Libya, and he told reporters he thought Gadhafi should have been captured and tried, not executed.

The ANC Youth League described Gadhafi as an "anti-imperialist martyr" and a "brave soldier and fighter against the recolonization of the African continent."

For many of Gadhafi's supporters, the military operation to oust him was another example of the Western interference and neocolonialism that he railed against.

F. Mbossa, 52, a school teacher in Brazzaville, Republic of Congo, said she was shocked by the "arrogance of the West" in carrying out the NATO airstrikes.

"It's clear that France and the others never truly wanted an independent Africa and that is why they never hesitated to kill all those who advocate for a strong and unified Africa," Mbossa said with tears in her eyes. "But for Africa, Gadhafi remains a martyr."

In Central African Republic, Gadhafi sent troops to support a government confronting coup attempts and an insurgency in 2001. But he also fomented instability. He funded rebel movements that committed some of the worst human rights abuses on the continent, including the brutal civil war in Sierra Leone. Gadhafi also supplied arms, training and finance to rebels in Liberia and Gambia, and invaded Chad from 1980-1989.

Historian Stephen Ellis called Gadhafi's World Revolutionary Headquarters, just outside Benghazi, "the Harvard and Yale of a whole generation of African revolutionaries."

In the 1980s, they included Charles Taylor of Liberia and Foday Sankoh of Sierra Leone, as well as former Congolese President Laurent Kabila.

While Gadhafi won praise from some for not fleeing Libya, others chastised him for failing to see how it all would end.

In Zimbabwe, businessman Daniel Musumba said Gadhafi had been trapped by his own ego.

"For a man who was telling his people they were rats and cockroaches to end up in a drain. Who is the rat now?" he said. "But the rat needed to be captured alive."

___

Larson reported from Johannesburg. Associated Press writers Godfrey Olukya in Kampala, Uganda; Michelle Faul in Johannesburg; Clarence Roy-Macaulay in Freetown, Sierra Leone; Louis Okamba in Libreville, Republic of Congo; and Gillian Gotora in Harare, Zimbabwe contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2011-10-24-AF-Gadhafi's-African-Allies/id-49050649181343398c69cddee58980f5

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Tuesday, October 25, 2011

No. 2 Alabama rolls to 37-6 win over Vols, 37-6 (AP)

TUSCALOOSA, Ala. ? AJ McCarron passed for 284 yards and a touchdown and ran for another score to lead No. 2 Alabama to a second-half surge and a 37-6 rout of Tennessee Saturday night.

The Crimson Tide (8-0, 5-0 Southeastern Conference) scored on its first five possessions after halftime to turn a tie game with the rival Volunteers (3-4, 0-4) into a blowout. That set up a two-week bonanza of hype ahead of Alabama's showdown with No. 1 LSU, which routed Auburn 45-19 in a game that ended shortly before this one kicked off.

Now, both SEC powers head into an open date. The "LSU" chants began with a couple of minutes left with most of the fans staying until the end.

Alabama had either first downs or touchdowns on its first 10 plays of the second half to bust open a 6-6 game.

The Tide outgained the Vols 280-41 in the second half and didn't allow a first down.

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20111023/ap_on_sp_co_ga_su/fbc_t25_tennessee_alabama

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Tax Justice Network: Jersey Finance attacks "contrived propaganda"

Last week, following the publication of our Financial Secrecy Index, which placed Jersey at number 7 in the global ranking, Mr Geoff Cook of Jersey Finance dismissed the index as "contrived propaganda", using a lengthy article in Jersey's Evening Post to describe this massive and powerful piece of research as "lobbying disguised as research". The irony of a lobbying organisation (Jersey Finance) representing a prominent tax haven dismissing independent research as "lobbying" seems lost on Mr Cook.

Anyway, we have replied to Mr Cook by letter to the Jersey Evening Post - posted in full below - and we look forward to his reply to our invitation to provide a detailed criticism of our research.

We also hope that people in Jersey will take up our request that Jersey Finance be called to account for the weak secrecy score allocated to the island. Jersey people might also call Mr Cook to account for the arrogant way in which he dismisses civil society concerns and his outright refusal to engage in proper discussion. Its hard to see how the island's interests are served by such an attitude.

To the Letters Editor, Jersey Evening Post (published 22nd October 2011)

Dear Sir

Mr Geoff Cook of Jersey Finance criticises the Financial Secrecy Index published by the Tax Justice Network as "contrived propaganda" (JEP, Wednesday 19 October 2011) adding that we mix a "cocktail of a little bit of fact and add in standards of (our) own invention which is likely to mislead the reader in to thinking that it all comes from international documents." Readers can make up their own minds about the standards we have adopted since our methodology is easily downloaded, along with all the accompanying documents relating to where we source our facts and how we construct our indicators, from the index website at www.financialsecrecyindex.com

Readers can also download and read the explanatory reports on all 15 indicators used in the compilation of the index, and can judge for themselves whether we are correct in our argument that many of the existing standards applied by international organisations are unfit for purpose. Mr Cook boasts that Jersey meets international standards: we argue that the standards he boasts about are hopelessly inadequate to the task of curtailing illicit financial flows and tax evasion.

Mr Geoff Cook is welcome to explain the specifics of where and how we have got the index wrong. The two years since we first published the index have given him ample time to prepare a detailed criticism of our research, and we can only assume that the reason he says nothing more than the index is "nonsensical" is because he cannot substantiate his criticism.

Jersey ranks seventh overall on the index, after Switzerland, Cayman, Luxembourg, Hong Kong, USA and Singapore. Jersey's secrecy score of 78 out of 100 is poor in comparison with Guernsey and the Isle of Man, both of which scored 65. Importantly, both Guernsey and the Isle of Man have recently adopted full automatic information exchange with EU countries, and accordingly gained transparency credits on the index. Sadly, Jersey continues to refuse automatic information exchange. Perhaps Mr Cook should be called to account to explain why Jersey scores so poorly and what measures he intends to take to improve on this score.

Yours sincerely

John Christensen

Director, Tax Justice Network

Source: http://taxjustice.blogspot.com/2011/10/jersey-finance-attacks-contrived.html

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Monday, October 24, 2011

Bielema criticized for making right call (AP)

Bret Bielema made the right call but Wisconsin lost so many fans aren't thrilled with the coach the day after the Badgers' first defeat of the season.

Tommy Tuberville reverted to his Riverboat Gambler instincts a few too many times in Texas Tech's upset of Oklahoma, but his team won so the Red Raiders coach has far fewer critics.

Let's review.

The college football season finally had its first shake-up Saturday, with Wisconsin and Oklahoma slipping to the back of the pack in the national championship race. The Badgers lost 37-31 to Michigan State on a miracle 44-yard touchdown pass on the last play of the game. The Sooners fell behind by 24 points against Texas Tech and their rally fell short in a 41-38 loss.

Bielema is taking heat from some Badgers fans for his decision to call timeouts during Michigan State's last drive.

"The debate began in the press box, after Bielema called the second timeout with 30 seconds left and the Spartans facing third and 8 from their 36, and likely will continue until UW faces Ohio State. I understood the call," Jeff Potrykus of the Journal Sentinel in Milwaukee wrote on his Badgers blog. "The reporter sitting next to me did not."

And the readers who posted comments were generally on the side of the reporter who did not, but Bielema should not be blamed.

Wisconsin stopped the clock with 42 seconds remaining after Michigan State quarterback Kirk Cousins fumbled and the ball was recovered by the Spartans at their own 24 for a 10-yard loss.

"We were going for the win," Bielema explained afterward.

And you can't win without the ball.

Knowing Michigan State was facing a second-and-20, calling the timeout forced the Spartans to try to get the first down. So Bielema accomplished two things: Michigan State now had to throw the ball deep in its own end, increasing the chances for a turnover that could set up the Badgers for a win. And if Michigan State couldn't convert, it would have to punt, giving Wisconsin a shot at a block or a big return.

There was no reason for Wisconsin to concede and let Michigan State control the last 42 seconds. Overtime in college, with each team taking possession 25 yards away from the end zone, is too much of a crap shoot and the odds were on the Badgers' side that the worst-case scenario would be overtime.

The second timeout came after a 12-yard pass to B.J. Cunningham set up Michigan State with a third-and-8 at the 36 with 30 seconds left.

Problem was Michigan State converted on the next play for a first down to its 47. The Spartans completed one more pass to get to the Wisconsin 44 and called their own timeout with 10 seconds left.

The next play was incomplete and the next ended up being the play of the season ? a desperation heave by Cousins that bounced off Cunningham's helmet and into the arms of Keith Nichol, who barely pushed across the goal line for the winning score. Michigan State came away with a well-deserved victory because it had played a good game against a very good team, but the winning play was a fluke. Neither the Spartans nor the Badgers need to apologize for that.

Tuberville, however, would have had some serious explaining to do if his Red Raiders had lost.

With Texas Tech up 31-14 in the third quarter, Tuberville passed on a 23-yard field-goal attempt and went for it fourth-and-goal at the 6 when he should have been padding his lead.

Later in the third, with Texas Tech facing fourth-and-4 at its own 41 and leading 31-17, Tuberville called for a fake punt that didn't work. Again, the Red Raiders were giving the lagging Sooners life.

In the end it all worked out for Texas Tech and Tuberville could smile if asked about some of those moves and simply say, `We won.'

It won't be so easy for Bielema to defend himself.

___

IN CASE YOU MISSED IT

If former Texas Tech coach Mike Leach can't land another college gig, maybe he could become a full-time author.

Leach's first book, an autobiography called "Swing Your Sword," came out right before the football season and at last check was No. 38 among Amazon.com's best-selling sports books.

Leach has another book available called "Sports For Dorks. He co-authored that one with Ferhat Guven, a real estate investor and graduate of Texas Tech and the London Business School.

Leach is keeping busy but he wants to get back into college football. Unless his lawsuit against Texas Tech, which fired him after he was accused of mistreating a player, gets in the way, there should be opportunities.

Arizona is already open and UCLA's Rick Neuheisel seems to be on his way out. Leach always seemed as if he would be a good fit in the Pac-10 with his wide-open offense and atypical ? for a football coach ? interests.

Another possible spot is Mississippi if the Rebels part ways with Houston Nutt

___

QUICK HITS

_Penn State coach Joe Paterno reached another milestone, earning his 408th win to tie Hall of Famer Eddie Robinson for the most in Division I history. More importantly, the 84-year-old's Nittany Lions are 7-1 and 4-0 in the Big Ten. Penn State's last four games are tough ? Illinois, Nebraska, at Ohio State and at Wisconsin ? but JoePa has a spot in the first Big Ten championship in his team's control.

_Southern California receiver Robert Woods is second in the nation in catches (72) and yards receiving per game (128.86). He was the difference ? along with Notre Dame's turnovers ? in the Trojans' 31-17 victory in South Bend, Ind. Lots of good receivers around, but none better than the USC sophomore.

? If the Big 12 isn't stable enough for Missouri to stay, why is it a step up for West Virginia or Louisville? That's the message Big East Commissioner John Marinatto should be conveying to the Mountaineers and Cardinals.

____

LOOKING AHEAD

No. 10 Kansas State, the most surprising undefeated team this season, hosts No. 11 Oklahoma. If Wildcats coach Bill Snyder can win this one, Kansas State can legitimately start sizing up its chances to play for a national championship.

No. 6 Clemson puts its unbeaten record on the line against ACC rival Georgia Tech. The Yellow Jackets have lost two straight after a 6-0 start.

___

Follow Ralph D. Russo at http://Twitter.com/ralphDrussoAP

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20111023/ap_on_sp_co_ne/fbc_instant_replay

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Sunday, October 23, 2011

Can NSAIDs Cut Colorectal Cancer Deaths in Older Women? (HealthDay)

SUNDAY, Oct. 23 (HealthDay News) -- Older women who take nonsteroidal anti-inflammatory drugs -- such as aspirin or ibuprofen -- appear to have a lower risk of death from colorectal cancer than women who don't use these medications, a large new study suggests.

Women who reported using these drugs, called NSAIDs, at the beginning of the study and three years later had a roughly 30 percent lower rate of death from colorectal cancer than women who did not take the drugs, or women who took them at only one of these two points in time, according to an American Association for Cancer Research (AACR) news release.

"Our results suggest that nonsteroidal anti-inflammatory drug use is associated with lower colorectal cancer mortality among postmenopausal women who use these medications more consistently and for longer periods of time," Anna Coghill, a doctoral student in epidemiology at the University of Washington and Fred Hutchinson Cancer Research Center, said in the news release.

In the study, researchers examined the use of aspirin and non-aspirin NSAIDs among more than 160,000 postmenopausal women in relation to deaths from colorectal cancer.

Study participants were enrolled in the Women's Health Initiative, which "represents a large and well-characterized cohort [group] of postmenopausal women, and the medication data collected in this cohort made it possible for us to investigate multiple types, durations and strengths of NSAID use," Coghill explained.

The researchers confirmed 2,119 cases of colorectal cancer and 492 deaths due to the disease.

"The results of our study help to further clarify the importance of different durations of NSAID use over time for the risk for dying from colorectal cancer," Coghill noted in the news release.

While the study found an association between NSAID use and a reduced risk of colorectal cancer, it did not prove a cause-and-effect.

The findings were slated for presentation on Sunday at the AACR International Conference on Frontiers in Cancer Prevention Research, in Boston.

Experts say that for studies presented at medical meetings, data and conclusions should be viewed as preliminary until published in a peer-reviewed journal.

More information

The U.S. National Cancer Institute has more about colon and rectal cancer.

Source: http://us.rd.yahoo.com/dailynews/rss/diseases/*http%3A//news.yahoo.com/s/hsn/20111023/hl_hsn/cannsaidscutcolorectalcancerdeathsinolderwomen

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China says coal mine deaths down 27 pct this year (AP)

BEIJING ? China says its coal mines have had fewer fatalities and accidents this year compared with the same period in 2010, though its mines are still the world's most dangerous.

The official Xinhua News Agency on Saturday quoted the top official in charge of coal mine safety as saying that 1,419 miners were killed in the first nine months of the year, 27.6 percent fewer than the same period last year.

Zhao Tiechui told Xinhua that the number of deadly accidents fell 18.7 percent to 892 during the same period.

The report didn't credit any specific measures for the improvements, though China has cracked down on the smaller, illegal mines blamed for many deaths.

Fatalities in China's coal mines last year were about one-third of the high of nearly 7,000 in 2002.

Source: http://us.rd.yahoo.com/dailynews/rss/china/*http%3A//news.yahoo.com/s/ap/20111022/ap_on_re_as/as_china_mine_deaths

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Saturday, October 22, 2011

Auto Insurance Guidelines That Are Easy To Understand

Shopping for auto insurance might not be one of the most exciting things you?ll ever do. In fact, it might seem so boring that it?s tempting to make your decision with the flip of a coin. Read on, though, because the great tips and advice in this article can assist you in making an informed choice of the best coverage for you and help you save money.

Young drivers can save money on their car insurance if they register an older driver as a part-time user of their car. There is no group of drivers subjected to higher insurance premiums than teenagers. However, insurers will be encouraged to see an older, more responsible driver sharing the driving duties with a teenager. They will reduce premiums accordingly in such a situation.

One great and underrated way to save on your monthly auto insurance premiums is to join an automobile club. Especially if you are driving a classic or rare vehicle, joining an auto club will allow you to join with a group discounted rate, ultimately saving you hundreds of dollars annually on your insurance premiums.

Decrease your mileage to decrease your premiums. The amount of miles you drive actually has a very large effect on the amount you pay for your premium. If you can cut down the amount of miles you drive, your premiums will fall with it. Give yourself a break, and take the bus on occasion.

Get the rest of the family on your car insurance plan. Some car insurance providers offer discounts for more than one plan made with them. Check to see if your provider offers such a discount. If they do, see if you can get other people living in your house on a plan with them.

When you are shopping for auto insurance for your teenage driver, get quotes for both adding him or her to your insurance and for buying a separate insurance policy. In general it will be cheaper to add a new driver to your current insurance, but there may be circumstances when it is less expensive to buy a separate policy.

Try to reduce the miles you drive your vehicle. Your insurance is based on how many miles you drive per year. Don?t lie on the application because your insurance company may check to see how much you drive per year. Find a way to not drive as many miles each year.

Top tier status refers to the percentage of customers from a insurance company that have filed the fewest claims and have the best driving record. Perhaps you qualify as a top tier customer, or your status will improve over the years. Make sure you ask your insurance company to be considered as a top tier customer, as they might not switch your classification automatically.

Always receive quotes from multiple providers when seeking auto insurance. Even those providers you wouldn?t consider at first could be offering the lowest rates. You never want to settle on any policy before comparing the price to others as there can be a great difference from one policy to the next.

When you rent a car, you will likely be asked if you want to purchase coverage for the vehicle. Before you answer, you should know whether or not your personal automobile insurance covers rental cars. If it does, how much is covered? Ask your agent, or read your policy to be clear.

As mentioned at the beginning of this article, shopping for auto insurance coverage can be more enjoyable when you?re prepared with information that can help you save money and choose a policy that fits your needs. Use the information you learned from these helpful tips to keep your auto insurance shopping experience a positive one.

Article source: http://goarticles.com/article/Auto-Insurance-Guidelines-That-Are-Easy-To-Understand/5538130/

Source: http://www.articles-digest.com/auto-insurance-guidelines-that-are-easy-to-understand/

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Asian stocks fall as Europe debt crisis lumbers on (AP)

BANGKOK ? Asian stock markets headed lower Friday as European leaders haggled over a strategy to deal conclusively with the continent's debt crisis.

Oil prices hovered above $86 per barrel and the dollar was lower against the euro and the yen.

Japan's Nikkei 225 index fell 0.2 percent to 8,667.07. Hong Kong's Hang Seng was marginally lower at 17,978.77. Benchmarks in Taiwan, mainland China, Malaysia, Indonesia and the Philippines also fell.

South Korea's Kospi gained 1.3 percent to 1,829.25 and benchmarks in India and Singapore rose.

Thailand's SET index rose 0.1 percent to 910.40, clawing back some of Thursday's losses even as the country's capital Bangkok braced for the possibility that floodwaters will defeat a network of barriers and inundate the city.

Worries that Europe's troubles could get worse have kept markets on edge for weeks, and analysts said the volatility could continue for the near future.

"What you see now is one day of gains and one day of losses," said Tom Kaan of Louis Capital Markets in Hong Kong. "With what has been happening in the world, there is still no confidence and I think this will continue to the end of the year."

The Greek government is widely expected to go through some kind of default or restructuring of its debt, which could deliver a severe blow to an already weak European economy.

Signs of a modest economic uptick in the U.S. helped boost shares of Japanese exporters that count on American consumers for sales. Yamaha Motor Corp. rose 2.7 percent and Panasonic Corp. was 1.6 percent higher.

Heavy equipment shares also rose. Japan's Hitachi Construction Machinery Co. gained 1.2 percent and South Korea's Hyundai Heavy Industries Co. added 2.2 percent.

But shares of Japanese automotive giants Honda Motor Corp. and Toyoto Motor Corp. slipped after severe flooding forced a halt to their assembly lines in Thailand. Honda fell 0.4 percent and Toyota, 0.2 percent.

Samsung Electronics Co. rose 1.4 percent after the company announced it had surpassed Apple Inc. in smartphone sales in the July-September quarter. Yonhap news agency cited Shin Jong-kyun, president of Samsung's mobile division, as estimating that the company had shipped more than 20 million smartphones in the third quarter.

Wall Street trading was choppy as talks in Europe appeared to falter because of differences between Germany and France over how to protect European banks from the consequences of a default.

A messy default by Greece could lead to deep losses for European banks that hold Greek debt. If that causes them to pull back on lending to each other, it could cause another freeze in global credit markets like the one in late 2008 after Lehman Brothers collapsed.

Wall Street rose slightly on news that a second summit meeting would take place next week after it became clear that France and Germany would not be able to bridge their difference in time for Sunday's meeting.

The Dow Jones industrial average ended up 0.3 percent to close at 11,541.78. The Standard & Poor's 500 index rose 0.5 percent to 1,215.39. The Nasdaq composite lost 0.2 percent to 2,598.62.

But analysts cautioned investors to rein in expectations of a solution to Europe's debt crisis.

"Whether this Sunday's EU Summit can live up to investor expectations remains to be seen ... the precedent set by previous summits already bodes ill for detailing of any new policy initiatives," Credit Agricole CIB wrote in a research note.

Sunday's summit was supposed to deliver a comprehensive plan to finally get a grip on the currency union's debt troubles. But French President Nicolas Sarkozy and German Chancellor Angela Merkel said Thursday they needed more time after it became clear that the two countries disagreed on some key points of the plan.

Benchmark crude for December delivery was up 16 cents at $86.23 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 22 cents to settle at $86.07 in New York on Thursday.

In currencies, the euro rose to $1.3789 from $1.3777 late Thursday in New York. The dollar fell to 76.77 yen from 76.85 yen.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20111021/ap_on_bi_ge/world_markets

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Friday, October 21, 2011

Rapper Soulja Boy jailed on drug, weapons charges (Reuters)

ATLANTA (Reuters) ? Rapper Soulja Boy was arrested on drug and weapons charges on Tuesday after a traffic stop in Georgia, police said.

The 21-year-old entertainer, whose given name is DeAndre Cortez Way, and four crew members traveling in a Cadillac Escalade were pulled over in Temple, Georgia on Interstate 20 near the Alabama line, police spokeswoman Dana Rampy said.

Police discovered marijuana, pistols and cash inside the car after a "routine traffic stop," Rampy said. She declined to disclose the amount of marijuana or money.

The rapper, three bodyguards and a driver each were arrested on felony charges of possession of marijuana, possession of marijuana with intent to distribute and possession of a firearm, Rampy said.

All five men were booked into the Carroll County jail.

A puppy found in the car has been turned over to relatives of the driver, Rampy said.

Soulja Boy first gained fame with online postings of his songs and his "Crank That" dance demonstration.

Last month, he apologized for lyrics in a song called "Let's Be Real" that offended some U.S. Army soldiers. In a video posted online for the song, Soulja Boy rapped the lyrics "Fuck the FBI and fuck all the Army troops/Fighting for what?/Bitch be your own man."

Media outlets reported that stores run by the military would not carry his new album because of the song.

(Editing by Colleen Jenkins and Greg McCune)

Source: http://us.rd.yahoo.com/dailynews/rss/crime/*http%3A//news.yahoo.com/s/nm/20111018/en_nm/us_crime_rapper_soulja

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Thursday, October 20, 2011

HBT: Vote, discuss your World Series pick

blank lineup card

Here are the lineups for Game 1 of the Rangers-Cardinals series tonight: TEXAS RANGERS ST. LOUIS CARDINALS 1. Ian Kinsler, 2B 1. Rafael Furcal, SS 2. Elvis Andrus, SS 2. Jon Jay, CF 3. Josh Hamilton, CF 3. Albert Pujols, 1B 4. Michael Young, 1B 4. Matt Holliday, LF 5. Adrian Beltre, 3B 5. Lance?

Source: http://hardballtalk.nbcsports.com/2011/10/19/vote-who-will-win-the-world-series/related/

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Bruni close to giving birth, Sarkozy to fly to Germany (Reuters)

PARIS (Reuters) ? French first lady Carla Bruni was believed to be close to giving birth to her first child with husband President Nicolas Sarkozy on Wednesday, in what would be the first baby to be born to a French presidential couple in office.

Sarkozy arrived on Wednesday afternoon at the La Muette clinic in Paris, where Bruni was admitted earlier in the day, and left half an hour later.

He is expected to fly to Frankfurt on Wednesday for a meeting with German Chancellor Angela Merkel and other euro zone policy chiefs for a meeting on the euro zone debt crisis.

Le Figaro quoted a medical source on its website saying the Italian-born Bruni was in labor, and that the baby was a girl.

Neither the Elysee palace nor the clinic would comment.

France has been on tenterhooks for weeks over the impending birth, with dozens of false alerts circulating in recent days that the baby had been born.

The birth of a baby may give Sarkozy's image a welcome boost just over six months before a presidential election he risks losing to Socialist Francois Hollande.

The birth also comes in one of the most crucial weeks of Sarkozy's four-year presidency as he battles to hammer out a plan with Germany to stem the euro zone's debt crisis ahead of a self-imposed deadline on Sunday.

The publicity around Sarkozy and Bruni having a baby is a novelty for France, where the head of state's private life is usually kept private.

Many in France found Sarkozy's high-speed courtship of Bruni, a singer-songwriter and former model, distasteful coming so quickly after his divorce from second wife, Cecilia.

His image in the weeks and months ahead will be key as he tries to woo back an electorate tired of economic gloom and disillusioned with a leadership manner many see as impulsive and brash, despite his leadership on international issues such as the crisis in Libya.

Sarkozy has three children from his two previous marriages, while Bruni has a son from a former relationship.

(Reporting by Morade Azzouz; Editing by Louise Ireland)

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/nm/20111019/wl_nm/us_france_bruni

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Wednesday, October 19, 2011

Tuesday, October 18, 2011

Kinder Morgan to buy El Paso for $21 billion (Reuters)

NEW YORK/HOUSTON (Reuters) ? Kinder Morgan Inc struck a $21 billion deal to buy rival El Paso Corp, combining the two largest natural gas pipeline operators in North America in a huge bet on the fast-growing market for that fuel.

The cash and stock deal announced on Sunday values El Paso at a 37 percent premium to its Friday market value, and comes as Exxon Mobil Corp and other oil majors are spending billions of dollars to develop and produce shale gas and crude oil in areas with poor infrastructure.

The combined El Paso and Kinder Morgan would own about 80,000 miles of pipe stretching from coast to coast, and could demand higher transport fees from oil and gas producers, which could then raise the prices that power companies and other end users pay for gas.

"Now that KMP is by far the biggest pipeline distributor of natural gas, that will also give them pricing power over the market, which could lead to price pressure to the upside for natural gas," said Chris Jarvis, president and founder of Caprock Risk Management in Rye, New Hampshire.

"We expect this to have a positive impact on the natural gas markets, likely setting the stage for addition mergers and acquisitions in the space."

It was not immediately clear how regulators would view the deal. Kinder Morgan said it expected the deal to close in early 2012.

Despite weak natural gas prices, production of the fuel has been rising as energy companies pile into shale fields -- underground formations rich in oil and gas. In the Eagle Ford Shale in South Texas, where there are scant pipelines, companies are having to rely on trucks and are building rail terminals to handle the vast field's output.

El Paso already owned the largest natural gas pipeline system in North America, with more than 43,000 miles of pipe. The combined company would own 67,000 miles of natural gas pipe and another 13,000 miles of pipelines to move refined products and other fuels.

"We believe that natural gas is going to play an increasingly integral role in North America," Kinder Morgan Chief Executive Richard Kinder said in a statement. "We are delighted to be able to significantly expand our natural gas transportation footprint at a time when it seems likely that domestic natural gas supply and demand will grow at attractive rates for years to come."

Kinder Morgan went public in February after CEO Kinder and private equite partners including Carlyle Group and Goldman Sachs Inc's buyout arm Highstar Capital and Riverstone Holdings took the company private in a management led buyout in 2007.

The private equity firms sold a 13.5 percent stake in the company's IPO, but Kinder and the buyout funds still hold a vast majority of the company.

SPLIT-UP DERAILED

The deal derails El Paso's plan, announced in May, to split into two publicly traded companies, which would have separated its exploration and production business from its pipeline operations. Kinder Morgan said it plans to sell El Paso's exploration and production assets.

The $26.87 per share offer consists of $14.65 in cash, 0.4187 Kinder Morgan shares -- valued at $11.26 per EP share -- and 0.640 Kinder Morgan warrants -- valued at $0.96 per EP share -- based on Kinder Morgan's closing price on Friday.

The warrants will have an exercise price of $40 and a five-year term.

Including El Paso's debt, the deal tops $38 billion, making it the second biggest merger in 2011 behind AT&T Inc's $39 billion deal to buy Deutsche Telekom's T-Mobile USA, according to Thomson Reuters data.

Kinder Morgan said it has a commitment letter from Barclays Capital underwriting the $11.5 billion in cash required for the transaction.

The deal also highlights the advantages that energy infrastructure companies have gained in recent years by using a financial structure known as master limited partnerships (MLPs), which pay no corporate taxes but distribute the lion's share of their profits to invsetors and the general partner through dividends.

Companies like Kinder Morgan -- which owns nearly all of its assets through its MLP, Kinder Morgan Energy Partners -- have a tax advantage over their competitors and have also received higher valuations from investors.

This gives it a financial leg up over a company like El Paso, which still holds a substantial amount of its assets outside of its MLP, El Paso Pipeline Partners.

Tudor Pickering analyst Brad Olsen said that the takeover mirrors Energy Transfer Equity's more than $5 billion deal for pipeline company Southern Union.

"It's not a coincidence at all that the two big pipeline deals done this year have been by big MLPs with decelerating growth. Their general partners have gone out and snagged undervalued pipeline assets," Olsen said.

Moreover, Kinder Morgan said it plans to pay down much of the substantial amount of debt it is picking up from the takeover by selling off El Paso's assets to its MLPs.

The new company hopes to generate $350 million a year in cost savings, or about 5 percent of the combined companies' earnings before interest taxes, depreciation and amortization. Kinder Morgan expects to be able to increase its dividend after the deal closes due to these savings.

It said that if the deal were to close at the beginning of 2012, it would expect to be able to pay a dividend of about $1.45 a share that year. But because it expects the deal to close later, it said its dividend will likely be slightly below that target.

Evercore Partners and Barclays Capital advised Kinder Morgan on the deal, while Morgan Stanley advised El Paso. Goldman Sachs acted as an adviser to El Paso on its previously announced spin-off and related matters to the Kinder Morgan deal, the companies said.

The advisors are set to rake in a total of $100 million to $145 million in M&A fees, according to Freeman & Co.

Source: http://us.rd.yahoo.com/dailynews/rss/energy/*http%3A//news.yahoo.com/s/nm/20111017/bs_nm/us_kindermorgan

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Monday, October 17, 2011

HTC Titan review

We knew as soon as we first clapped eyes on this hulk of a phone that it'd make a brave purchase. It's not just the 4.7-inch screen that requires a leap of faith, but also the Windows Phone operating system, which is presented here in all its Mangofied glory but is still very much an early adopter's ecosystem. After all, if you love the Titan's hardware but prefer a more established OS, you can always wait for the Sensation XL, which is essentially the same phone running good ol' Android and which should have a similar £480 ($750 converted) SIM-free price tag. The question is, do you have the guts to make that jump to something more exotic? Yes? Maybe? Then read on before you begin your run-up.

Continue reading HTC Titan review

HTC Titan review originally appeared on Engadget on Mon, 17 Oct 2011 14:00:00 EDT. Please see our terms for use of feeds.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/0NKdD2LYhjs/

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