Sunday, November 27, 2011

PFT: Ejected Suh tries to defend stomp on Packer

Green Bay Packers v Detroit LionsGetty Images

In the past, when Lions defensive tackle Ndamukong Suh has supplied his version of an on-field incident that resulted in a penalty or a fine, he seemed persuasive.

After Thursday?s Haynesworthy performance against the Packers, Suh?s effort to talk his way out of trouble comes off as pathetic.

?What I did was remove myself from the situation the best way that I felt in me being held down in the situation that I was in,? Suh said, via NFL.com.? ?My intentions were not to kick anybody, as I did not.? [I was] removing myself, as you see, I?m walking away from the situation.? And with that I apologize to my teammates, and my fans and my coaches for putting myself to be in position to be misinterpreted and taken out of the game.?

It gets better.? Or, for Suh, worse.

?I was on top of a guy being pulled down and trying to get up off the ground, which is why you see me pushing his helmet down,? Suh said.? ?As I?m getting up, I?m getting pushed so I?m getting myself unbalanced. . . .? With that a lot of people are going to interpret it as or create their own storylines, . . . but I know what I did, and the man upstairs knows what I did.?

What Suh did requires no interpretation.? He aggressively pushed the head of Evan Dietrich-Smith into the ground, and Suh stomped on Dietrich-Smith?s arm as Suh started to walk away.

?I understand in this world because of the type of player and type of person I am, all eyes are on me,? Suh said.? ?So why would I do something to jeopardize myself, jeopardize my team, first and foremost?? I don?t do bad things.? I have no intentions to hurt someone.? If I want to hurt him, I?m going to hit his quarterback as I did throughout that game.?

He needs to quit while he?s not ahead.

?If I see a guy stepping on somebody I feel like they?re going to lean into it and forcefully step on that person or stand over that person,? Suh said.? ?I?m going in the opposite direction to where he?s at.?

It?s an amazingly flimsy, and perhaps delusional, effort to explain what was obvious to anyone with eyes.? Apart from the ultimate penalty that will be imposed on Suh by the league office ? and plenty of people believe a suspension is coming ? Suh needs to be concerned about the impact of his behavior and his lame explanation of it on his marketability.? From Subway to Chrysler to any other company that has chosen to give Suh a lot of money to endorse its products, that money could be drying up, quickly.

Source: http://profootballtalk.nbcsports.com/2011/11/24/suh-tries-to-defend-his-stomp/related

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Saturday, November 26, 2011

Former NYT columnist, author Tom Wicker dies

In this Sept. 13, 1963 photo, former New York Times reporter Tom Wicker stands in front of the White House in Washington. Wicker, who covered President John F. Kennedy?s assassination for the Times, went on to serve as the paper's Washington bureau chief and columnist has died at his home in Rochester, Vt. He was 85. (AP Photo/The New York Times, George Tames) MANDATORY CREDIT; NO ARCHIVE; FOR USE WITH TOM WICKER?S OBITUARY ONLY

In this Sept. 13, 1963 photo, former New York Times reporter Tom Wicker stands in front of the White House in Washington. Wicker, who covered President John F. Kennedy?s assassination for the Times, went on to serve as the paper's Washington bureau chief and columnist has died at his home in Rochester, Vt. He was 85. (AP Photo/The New York Times, George Tames) MANDATORY CREDIT; NO ARCHIVE; FOR USE WITH TOM WICKER?S OBITUARY ONLY

(AP) ? Tom Wicker, the former New York Times political reporter and columnist whose career soared following his acclaimed coverage of the assassination of President John F. Kennedy, died Friday at his home in Rochester, Vermont. He was 85.

Wicker died after an apparent heart attack Friday morning, his wife Pamela said.

"He'd been ill with things that come from being 85," she said. "He died in his bedroom looking out at the countryside that he loved."

Wicker grew up in poverty in Hamlet, North Carolina, and wanted to be a novelist, but pursued journalism when his early books didn't catch fire. He worked at weekly and daily newspapers in North Carolina before winning a spot as a political correspondent in the Times' Washington bureau in 1960.

Three years later, he was the only Times reporter to be traveling with Kennedy when the president was shot in Dallas.

Gay Talese, author of the major history of The New York Times, wrote of Wicker's coverage: "It was a remarkable achievement in reporting and writing, in collecting facts out of confusion, in reconstructing the most deranged day in his life, the despair and bitterness and disbelief, and then getting on a telephone to New York and dictating the story in a voice that only rarely cracked with emotion."

One year later, Wicker was named Washington bureau chief of the Times, succeeding newspaper legend James Reston, who had hired Wicker and called him "one of the most able political reporters of his generation."

In 1966, Wicker began his "In the Nation" column, becoming, along with colleague Anthony Lewis, a longtime liberal voice on the Op-Ed page. Two years later he was named associate editor of the Times, a post he held until 1985.

He ended his column and retired to Vermont in 1991 but continued to write. He published 20 books, ranging from novels about gritty, hard-scrabble life in the South to reflections on the presidents he knew.

Among his books was "A Time to Die," winner of the Edgar Allan Poe Award in 1976, which recounted Wicker's 1971 experience as an observer and mediator of a prison rebellion at New York's Attica prison.

Wicker, the son of a railroad man, started in journalism in 1949 at the weekly Sandhill Citizen in Aberdeen, North Carolina, where he was paid $37.50 a week to report on such local news stories as the discovery of "the first beaver dam in anyone's memory on a local creek."

He moved on to a local daily and then to the larger Winston-Salem Journal, where he worked for most of the 50s, with time out in 1957-58 to serve as a Nieman fellow at Harvard University. He went to work for the Nashville Tennessean in 1959 but then a year later was hired by Reston.

In mid-1961, when Times veteran Bill Lawrence abruptly quit his post as White House correspondent in a dispute with management, Wicker got the assignment. He said it was a dream assignment ? "sooner or later most of the government's newsworthy business passes through the White House" ? and especially covering the excitement of the Kennedy era.

On Nov. 22, 1963, Wicker was in the first press bus following the Kennedy motorcade when the president was assassinated. He would later write in a memoir that the day was a turning point for the country: "The shots ringing out in Dealey Plaza marked the beginning of the end of innocence."

At that moment, however, all he knew was that he was covering one of the biggest stories in history. "At first no one knew what happened, or how, or where, much less why," he later wrote. "Gradually, bits and pieces began to fall together."

Wicker dictated his story from phones grabbed here and there, with most of his writing done at a desk in the upper level of the Dallas airport. "I would write two pages, run down the stairs, across the waiting room, grab a phone and dictate," Wicker later wrote. "Dictating each take, I would throw in items I hadn't written, sometimes whole paragraphs."

Although Wicker didn't even have a reporter's notebook that day and scribbled all of his notes on the backs of printed itineraries of the presidential visit, his story captured the detail and color of the tragic events.

Describing the president's widow as she left the hospital in Dallas, Wicker wrote: "Her face was sorrowful. She looked steadily at the floor. She still wore the raspberry-colored suit in which she greeted welcoming crowds in Fort Worth and Dallas. But she had taken off the matching pillbox hat she had worn earlier in the day, and her dark hair was windblown and tangled. Her hand rested lightly on her husband's coffin as it was taken to a waiting hearse."

In 1966, Wicker was named a national columnist, replacing retiring Times' icon Arthur Krock, who had covered 10 presidents. Wicker's first column reported on a political rally in Montana. He would later say that it was a huge step to move from detached observer to opinion holder ? and especially in the times he was writing.

"My own transition from reporter to columnist coincided roughly with the immense American political re-evaluation that sprang in the sixties from the Vietnam War and the movement against it, from the ghetto riots in the major cities, and from the brief flowering of the counterculture," Wicker wrote in his 1978 book, "On Press."

Wicker was not lacking in opinions, though, and over the years took strong and sometimes unpredictable stands, emphasizing such issues as the nation's racial divide.

On race, he said in a 1991 interview in the Times: "I think the attitudes between the races, the fear and the animosity that exist today, are greater than, let us say, at the time of the Brown case, the famous school desegregation decision in 1954."

Although Wicker was attacked by President Nixon and Vice President Spiro Agnew for his negative coverage during the Nixon administration, he argued in a 1991 book, "One of Us: Richard Nixon and the American Dream," that Nixon accomplished much in his presidency and deserves a high ranking in history.

In his final column, published Dec. 29, 1991, Wicker commented on the fall of the Soviet Union and urged President George H.W. Bush to "exercise in a new world a more visionary leadership" on non-military issues like the environment.

"As the U.S. did not hesitate to spend its resources to prevail in the cold war, it needs now to go forward as boldly to lead a longer, more desperate struggle to save the planet, and rescue the human race from itself," he wrote.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2011-11-25-Obit-Wicker/id-1f109bf704cc4f25997d720e7de029c9

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Man arrested after fatal shooting at Chicago hospital

By Associated Press

A housekeeping employee suspected in the fatal shooting of a co-worker inside a hospital parking garage, which prompted an hours-long lockdown, was arrested during a Friday traffic stop, police said.

Angela Bonds, 48, of Riverside, was shot late Thursday in a University of Illinois at Chicago hospital garage and later died, authorities said. She was a housekeeper at the hospital who worked the second shift, UIC spokesman Bill Burton said.

University police said the suspect also was a hospital housekeeper and characterized the killing as an "apparent domestic-related shooting" in a campus alert posted early Friday on the school's website.

Officers pulled the 47-year-old suspect over for a routine traffic stop at 6:30 a.m. Friday, and the officer recognized him from a description in the alert, university police spokesman Mark Rosati said. The suspect fled the car and was arrested a few blocks away, he said.

A weapon was recovered but officers didn't immediately know whether it was used in the shooting.

Rosati said the suspect had worked at the hospital for 15 years, but he declined to discuss his relationship to Bonds.

The hospital was locked down for hours while police searched for the gunman but resumed normal operations around 5 a.m. Friday. Rosati said authorities don't believe the gunman was ever inside the hospital after the shooting.

The garage is near the hospital but not attached to it, Rosati said. He wasn't sure whether the hospital has metal detectors but said the university has security cameras posted indoors and outdoors across its 250-acre campus.

Source: http://usnews.msnbc.msn.com/_news/2011/11/25/9012181-manhunt-after-fatal-shooting-at-chicago-hospital

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Friday, November 25, 2011

More than 20 bodies dumped in Mexico's Guadalajara (Reuters)

MEXICO CITY (Reuters) ? Suspected drug gang hitmen murdered more than 20 people and dumped their bodies in the center of Mexico's second city of Guadalajara on Thursday.

Local media reported the bodies were found in several vans abandoned around the western city's iconic Millennium Arches monument, together with a message from drug cartels. The state attorney-general's office said there could be up to 23 dead.

Guadalajara is the capital of the state of Jalisco, home to mariachi music and tequila, and was long spared the beheadings and drive-by shootings that have marked Mexico's war against drugs in other regions.

Known as a stronghold of the Sinaloa cartel, headed by Mexico's most-wanted trafficker Joaquin "Shorty" Guzman, Guadalajara saw a spike in killings as other gangs, including the Zetas, started to contest their dominance of the region.

Local media said the message found with the bodies, dumped less than 1 mile from the exhibition hall where the Guadalajara International Book Fair will be held from Saturday, purported to be from the Zetas and was directed at Guzman.

Officials had blamed a surge of killings in the eastern port city of Veracruz in September and October, seen as a warning to the Zetas, on a group with ties to Guzman.

The discovery of the bodies follows the dumping of 16 charred corpses in the Sinaloan capital Culiacan on Wednesday.

Among the Culiacan dead were at least seven people, three of them police officers, who had been kidnapped from a small Sinaloan town on Monday, a local official said on Thursday.

Mexican President Felipe Calderon has deployed the army to crack down on powerful criminal gangs and some 45,000 people have died in the conflict since he took office.

Guadalajara, home to 4.5 million people, hosted athletes from 42 countries last month for the Pan American Games, which were not marred by security incidents. About 600,000 visitors are expected for the city's book fair, organizers said.

The U.S. consulate in Guadalajara warned on February 3 of "a marked escalation of criminal activity". It banned U.S. government officials from traveling after dark between the city and its main airport and urged U.S. visitors to follow suit.

Drugs violence has already engulfed the northern business hub of Monterrey, a city of similar size to Guadalajara, prompting some companies to freeze investment.

(Writing by Patrick Rucker; editing by Anthony Boadle)

Source: http://us.rd.yahoo.com/dailynews/rss/mexico/*http%3A//news.yahoo.com/s/nm/20111124/wl_nm/us_mexico_deaths

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Instant view: India opens supermarket sector to foreign players (Reuters)

(Reuters) ? India will open the country's retail industry to foreign supermarkets, a much delayed reform expected to help unclog supply bottlenecks and ease inflation over time.

The government has allowed 51 percent foreign direct investment in the multi-brand retail sector. It also decided to raise the cap on foreign investment in single-brand retailing to 100 percent from 51 percent.

The decision will be cheered by global retail giants such as Wal-Mart (WMT.N) that have long been eyeing India's lucrative retail sector worth an estimated $450 billion a year.

India until now allowed 51 percent foreign investment in single-brand retail and 100 percent in wholesale operations.

COMMENTARY:

THOMAS VARGHESE, CEO, ADITYA BIRLA RETAIL, MUMBAI:

"For all domestic retailers in the country, this will make available capital apart from domain knowledge. For international retailers, it will open up a $1.6 trillion market growing at 8-9 percent so it's a big business opportunity for all of them as growth has slowed down for all of them.

"From the farmers' point of view this will help to improve realizations and expand yields through contract farming. We as a company haven't been in active discussions with any foreign investor. We will take things as they come."

ANAND MAHINDRA, VICE CHAIRMAN, MAHINDRA GROUP:

"The real fight on food price inflation begins today, FDI in multi brand retails is cleared."

RAJAN MITTAL, VICE CHAIRMAN AND MANAGING DIRECTOR BHARTI

ENTERPRISES:

"This is a very bold move and the economic reforms process is back on track."

JAY SHANKAR, CHIEF ECONOMIST, RELIGARE CAPITAL MARKETS,

MUMBAI:

"I am not a firm believer in the job loss argument about FDI in retail. I am sure the government would have put in riders safeguarding the interests of local retailers.

"I think foreign chains can also bring in humongous logistical benefits and capital. There would be stupendous benefits from this move in terms of upgrading infrastructure, cold storage and it would eliminate layers of middlemen.

"It will give good prices to farmers and make it affordable for consumers, ease out supply chain bottlenecks and reduce inflation."

N.BHANUMURTHY, ECONOMIST, NATIONAL INSTITUTE OF PUBLIC

FINANCE AND POLICY:

"There could be some short-term job losses but it's not a big issue because in the long run, the decision is expected to result in net economic gain.

"The move to open up foreign investment in the sector will help to ease out supply side constraints. It will have a substantial positive impact on inflation. It will help farmers by smoothening out the volatility in the prices of farm producers."

B MUTHURAMAN, PRESIDENT, CONFEDERATION OF INDIAN INDUSTRY:

"CII strongly supports the introduction of FDI in multi-brand retail recognizing that it would benefit the consumers, producers (farmers) and small and medium enterprises ("SMEs") and generate significant employment.

"This would open up enormous opportunities in India for expansion of organized retail and allow substantial investment in backend infrastructure like cold chains, warehousing, logistics and expansion of contract farming.

"India with a 8-9 percent growth in GDP is a consumer driven economy and modern retail has to step up to be able to meet up consumer aspiration not only in metro cities and towns but across the Indian sub-continent."

CHANDRAJIT BANERJEE, DIRECTOR GENERAL, CONFEDERATION OF

INDIAN INDUSTRY:

"The biggest beneficiary of this announcement of FDI in retail would be the small farmers who will be able to improve their productivity and realization by selling directly to large organized players and therefore dis-intermediate the current value chain.

"The farmers will not only be able to increase their output but will also get better rewards in terms of realization by supplying directly to organized players and assured market for their products by tying up long-term contracts with them.

"This move is expected to substantially benefit consumers also by making available farm produce at much lower prices. This would also lead to growth, evolution and innovation in the un-organized retail sector."

PINAKIRANJAN MISHRA, NATIONAL LEADER, RETAIL, ERNST&YOUNG,

MUMBAI:

"This move will make way for inflow of knowledge from international experts which can give boost to the overall growth of the industry. Capability building apart from financial investments is extremely important for the industry.

"We will also see investment in infrastructure from the retail players...and (this) will ensure that the farming community will have a new support group with a common interest which is expected to give a great push to productivity."

BACKGROUND

-- The retail sector in the nation of 1.2 billion people is estimated to have annual sales of $450 billion, with nearly 90 percent of the market controlled by tiny family-run shops.

-- Organized retail, or large chains, makes up less than 10 percent of the market but is expanding percent a year. This is driven by the emergence of shopping centers and malls, and a middle class of close to 300 million people that is growing at nearly 2 percent a year.

-- India currently only allows FDI in cash-and-carry, or wholesale, ventures. There are restrictions on foreign investment in retail because of opposition from millions of small shopkeepers who are valuable vote banks during elections.

(Reporting by Nandita Bose in MUMBAI, Abhijit Neogy and Matthias Williams in NEW DELHI; Editing by Aradhana Aravindan)

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/nm/20111124/bs_nm/us_india_retail_fdi

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Thursday, November 24, 2011

xBounds adds HDMI mirroring to Android phones, lets you 'kill the pigs' on the big screen (video)

Forget DLNA, that pesky setup requires all of your electronic kit to match up with the same certification. If you want full HDMI-mirroring without the fuss, your go-to's going to be an innocuous little dongle from Dream Chip Technologies. The plain, white xBounds stick links up to your smartphone over WiFi using the outfit's xBeam encoder, transmitting mobile content via HDMI to an HDTV set or external monitor. Games and videos streamed to the big screen will also enjoy output in a higher resolution thanks to the company's xBounds ReMatch tech. But all of this ease of use comes at a price, as the RemoteGPU device is purported to cost €99 (about $134), with the full-on dev kit (which includes a Nexus S) ringing in at €998 (about $1,350). There's no word yet on an official release, so you'll just have to make due with the video after the break.

Continue reading xBounds adds HDMI mirroring to Android phones, lets you 'kill the pigs' on the big screen (video)

xBounds adds HDMI mirroring to Android phones, lets you 'kill the pigs' on the big screen (video) originally appeared on Engadget on Tue, 22 Nov 2011 18:49:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2011/11/22/xbounds-adds-hdmi-mirroring-to-android-phones-lets-you-kill-th/

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Top UK teacher criticizes television, magazine images (Reuters)

LONDON (Reuters) ? Parents who allow their children to dress in provocative clothing, wear make-up and high heels have lost their sense of traditional values, according to a leading British school headmistress.

"Some parents have been so deprived in their own lives of education and values, that they no longer know right from wrong," said Helen Wright, headmistress of St Mary's Calne, a private girls' boarding school in England.

"They are as a result, unwittingly 'indulging' children in some parallel universe where it is acceptable to let young children wear make-up and provocative clothing."

The 41-year-old -- who is also president of the Girls' Schools Association -- said that if parents can't see anything wrong in allowing their children to wear make-up, high heels and "mini-me" sexy clothing, then something is intensely wrong in our society.

Her comments, to an educational conference on Monday, come as Britain prepares to clamp down on the use of sexualized imagery in music videos and advertising campaigns.

The mother of three young children criticized popular British television talent shows such as "X Factor" where contestants are catapulted into a spotlight which she said can be far too much for them, and said she was shocked by the sexual imagery used by advertisers in magazines for very young children.

"What hope have we got of safeguarding our children's sacred childhood if they are knocked off their feet on the nursery slopes of life by an avalanche of images and malign influences?" she said. "And make no mistake, this is what is happening."

Source: http://us.rd.yahoo.com/dailynews/rss/enindustry/*http%3A//news.yahoo.com/s/nm/20111121/media_nm/us_media_britain_parents

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STHoldings withdraws more than 200 record labels from Spotify, does so with gusto

STHoldings stormed its way out of Spotify this week, leaving only a trail of choice words in its wake. On Wednesday, the distributor boldly withdrew more than 200 of its record labels from Spotify, Rdio, Simfy and Napster, following the release of a study that cast the music subscription industry in a rather unfavorable light. According to the research, carried out by NPD Group and NARM, cloud-based services like Spotify and Rdio deter consumers from purchasing music via other channels. Amid concerns that these companies may "cannibalise the revenues of more traditional digital services," STHoldings decided to withdraw its catalogue of more than 200 labels. In fact, of the 238 labels consulted on the decision, just four expressed a desire to remain with Spotify, et al.

"As a distributor we have to do what is best for our labels," STHoldings explained, in a statement. "The majority of which do not want their music on such services because of the poor revenues and the detrimental affect on sales. Add to that the feeling that their music loses its specialness by its exploitation as a low value/free commodity." The distributor went on to quote one of its labels with a line that rhymes with "duck modify." In comparatively subdued response, Spotify said it respects STHoldings' decision, but still hopes that the labels "will change their minds." The Swedish company also contested STHoldings' study-backed arguments against it, claiming that it has "already convinced millions of consumers to pay for music again," and assuring that artists' revenue streams will "continue to grow." Read more about the study, the stats and the spat at the links below.

STHoldings withdraws more than 200 record labels from Spotify, does so with gusto originally appeared on Engadget on Mon, 21 Nov 2011 06:42:00 EDT. Please see our terms for use of feeds.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/Fv30NJ5HPhw/

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Wednesday, November 23, 2011

Tales from Asia: Benson Henderson?s tour through Korea and Japan

Tales from Asia: Benson Henderson?s tour through Korea and Japan

UFC lightweight Benson Henderson will fight Frankie Edgar for the title in February, but before that, he is touring through Japan and Korea to visit with troops, meet media, and most importantly, meet his family. Read his exclusive travel blog posts at Cagewriter.

Last week, I was honored to be asked by the UFC to represent them in Korea and Japan.? This is my first time overseas, which these days seems to put me in a minority. But I am looking forward to the great events and festivities that are lined up.

The main purpose of this trip is to visit with many of our American troops here in Korea. These men and women do so much for our country, and have to spend so much time away from their loved ones to accomplish that. We sometimes take that for granted.

I also wanted to take this trip for a very personal reason. I am a second-generation Korean-American, and I am visiting my mother's home country. My Oma (mom) is accompanying me on this trip. Over the weekend, she will get to see many of her family members for the first time in years, and I will be meeting them for the first time EVER! Tales from Asia: Benson Henderson?s tour through Korea and JapanBeing able to share this trip with my Oma makes it so much more special.

I never really thought I'd come visit Korea until I was much older and retired, but the UFC has made it a reality.? As I am writing this, we are driving through a very beautiful and slightly overwhelming downtown Seoul.

So far, I've done a few interviews and had a chance to visit Camp Carroll in Daegu. There I took part in a mini-MMA clinic with the Army Combative Instructors, shook some hands and signed a lot of autographs. These men and women are huge fans of MMA and the UFC.

I've also had a chance to speak with a lot of soldiers personally. Getting a feel of how much they are sacrificing, I'm completely blown away and honored that I could come out and support them in return. That holds true even more this time of year, with the holidays around the corner. I'll be visiting a lot more bases this week, and having Thanksgiving dinner with the troops too, before heading off to Japan to promote my next fight.

Follow Henderson as he travels on Twitter.

Source: http://sports.yahoo.com/mma/blog/cagewriter/post/Tales-from-Asia-Benson-Henderson-8217-s-tour-t?urn=mma-wp9928

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Google Search: It's Like Chrome on Your iPad [IPad Apps]

I like Chrome. In fact it's my browser of choice. I like it so much I wish there was an iOS version. Well, Google has updated it's Google Search app so that it looks and feels sort of like Chrome. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/xxByRsh721c/google-search-its-like-chrome-on-your-ipad

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Theodore Forstmann, big in 80s takeover wave, dies

FILE - In this Feb. 29, 1996 file photo, takeover artist Ted Forstmann poses in his office in New York. Forstmann, a longtime financier who counted the iconic baseball card company Topps and business jet company Gulfstream Aerospace among his buyouts, died Sunday, Nov. 20, 2011, at the age of 71. The cause was brain cancer, according to a statement from sports agency IMG. Forstmann was the chairman and CEO of IMG and was the senior founding partner of the investment firm Forstmann Little & Co. Forstmann Little bought IMG in 2004. (AP Photo/Mark Lennihan, File)

FILE - In this Feb. 29, 1996 file photo, takeover artist Ted Forstmann poses in his office in New York. Forstmann, a longtime financier who counted the iconic baseball card company Topps and business jet company Gulfstream Aerospace among his buyouts, died Sunday, Nov. 20, 2011, at the age of 71. The cause was brain cancer, according to a statement from sports agency IMG. Forstmann was the chairman and CEO of IMG and was the senior founding partner of the investment firm Forstmann Little & Co. Forstmann Little bought IMG in 2004. (AP Photo/Mark Lennihan, File)

NEW YORK (AP) ? Theodore J. Forstmann, a longtime Wall Street financier who was a major player during the wave of corporate takeovers in the 1980s, including the battle for RJR Nabisco in 1988, died Sunday at the age of 71.

The cause was brain cancer, according to a statement from sports marketing giant IMG, where Forstmann served as chairman and CEO.

A pioneer of the buyout business, celebrity bachelor and free market proselytizer, Forstmann cut the figure of a swashbuckling risk taker. But in buying companies, he tended to be more careful and conservative than did rivals. Famously, he backed down from buying RJR Nabisco in the late 80s when the price got too high. His instincts turned out right. The winner, Kohlberg Kravis Roberts, struggled for years to wring profits from the company.

Forstmann was the senior founding partner of investment firm Forstmann Little & Co., a big player in the leveraged buyout, or LBO, a deal financed at least in part with debt. The company completed dozens of leveraged buyouts of a wide array of companies, including Dr. Pepper, Yankee Candle, baseball card maker Topps, Ziff-Davis Publishing and IMG.

Forstmann Little, founded in 1978, would buy companies it believed would rise in value, do what it could to lift their value and then sell them.

In the 1980s, the firm he helped found became one of Wall Street's most successful specialists in LBOs. Its deals generated lofty returns for its partners and outside investors, which included many corporate pension funds.

In a 1996 interview with The Associated Press, Forstmann said his interest in deal-making was sparked in childhood, while reading a biography of Howard Hughes. "This guy loved doing deals," Forstmann said of Hughes.

Forstmann went to Yale University as an undergraduate, then on to Columbia University for law school. He spent some time as an attorney before establishing Forstmann Little & Co., with then-partner Brian Little.

Forstmann's first takeovers were small ones, as he only had so much money to spend. Things picked up as the 1980s unfolded and the firm's successes brought in more investors.

"I never went to business school. I was basically never in an investment banking firm worthy of mentioning," Forstmann told the AP. "I've always been a guy who had ideas."

Forstmann eventually became a big critic of the industry he helped create. In the 1980s, he lit into rivals for borrowing money from investors in junk bonds, or IOUs issued by the riskiest companies, to finance their deals. Later, he complained that there were simply too many people in the take-over business. The result: Buyout firms had to pay sky-high prices for their targets to beat competitors, and so might have trouble wringing profits out of the deals.

He turned out right again ? but maybe not in the way he imagined.

In the tech mania of the late 1990s, Forstmann himself ended up overpaying for two firms ? XO Communications and McLeod Communications USA. Both eventually filed for bankruptcy.

In 1988, Forstmann made clear his distaste for deal making greased by junk bonds. The AP quoted him as saying "Today's financial age has become a period of unbridled excess with accepted risk soaring out of proportion to possible reward."

"Every week, with ever-increasing levels of irresponsibility, many billions of dollars in American assets are being saddled with debt that has virtually no chance of being repaid," he said.

During the furious bidding for RJR Nabisco Inc., Forstmann's protestations about the rampant use of expensive junk bonds ? which carried interest rates sometimes as high as 18 percent ? were ignored. Rival takeover firm Kohlberg Kravis Roberts & Co. ended up buying RJR in what was then the biggest takeover in U.S. history.

KKR's $24.5 billion purchase of food-tobacco giant RJR Nabisco Inc. was announced in November 1988 after a bidding brawl that some considered a symbol of corporate gluttony. That deal saddled RJR with heavy debt.

In 1988, the dollar amount of mergers and acquisitions financed largely with borrowed money totaled more than $200 billion.

International Management Group, a sports and celebrity management and marketing firm that has represented Tiger Woods, Joe Montana and Derek Jeter, was sold to Forstmann Little in 2004 in a cash deal valued at more than $700 million.

He signed "The Giving Pledge" earlier this year, where America's wealthiest people pledge to give away at least half of their fortunes.

Forstmann was a philanthropist and co-founder of the Children's Scholarship Fund in 1998, which focuses on helping parents send their children to schools of their choice.

He was also a director of the International Rescue Committee and helped establish a medical program for war-injured children in Bosnia. He was a trustee of the Nelson Mandela Children's Fund and also served on the board of directors at Freedom House, Empower America, the Robin Hood Foundation, the CATO Institute, and the Preventative Medicine Research Institute.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-11-20-US-Obit-Forstmann/id-4694da21002f4574b6e8129bab668a88

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Tuesday, November 22, 2011

Holiday book roundup: Scientific tales in ink

Used with permission from "Science Ink" by Carl Zimmer. Sterling Publishing (c) 2011

MRL, a graduate student in molecular biology at Princeton, wears universal truths on his chest, including the structure of a glucose molecule, a symbol from quantum physics, the golden ratio and a carbon atom. The tattoo is one of the featured images in "Science Ink" by Carl Zimmer.

By Alan Boyle

Ready to crack open some inky tales of scientific lore and levity? Check out our holiday science book roundup ? and add your own selections to the list.

Big, arty books:


  • "Science Ink: Tattoos of the Science Obsessed" by Carl Zimmer: This is not your?typical coffee-table book. First,?it's handy enough to sit on a shelf, thanks to its 7-by-10-inch size. But more importantly, it's not just an assemblage of 200 amazing tattoos inspired by scientific symbology. Zimmer tells the tale behind each tattoo ... and the science that inspired it. Think of it as a survey course on the cosmos, written on skin.
  • "The Physics Book: From the Big Bang to Quantum Resurrection, 250 Milestones in the History of Physics," by Clifford Pickover. What other book begins 13.7 billion years in the past and ends up more than 100 trillion years in the future? In between the big bang and the coming reign of the Boltzmann brains, Pickover hits the high points in the history of physics, explains scientific concepts ranging from classical mechanics to dark energy and string theory, and offers a glossy illustration for each milestone. Oh, and don't forget "The Math Book."
  • "The Space Shuttle: Celebrating 30 Years of NASA's First Space Plane," by Piers Bizony. Are you looking for this year's biggest, shiniest coffee-table book about NASA's recently departed space shuttle fleet? Bizony's book is chock-full of pictures from each of the fleet's 135 missions, although the last one is represented only?by a picture of?Atlantis and its team during preparations for July's final flight. The text reviews 30 years of highs and lows for the shuttle program.
  • "The Big Idea: How Breakthroughs of the Past Shape the Future," foreword by Timothy Ferris. National Geographic's coffee-table book provides a visually spectacular look at 24 cutting-edge innovations, ranging from stem cells and nanomedicine to augmented reality. But that's not all: Each of the "big ideas" is traced back through the scientific discoveries of the past that have laid the foundation for the future. Here's what Boing Boing's Maggie Koerth-Baker says about the book: "If you put it on your coffee table, it will make people believe that you are smart. But I think its real value lies in what it can do for a seventh-grader."
  • "The Cult of Lego," by John Baichtal and Joe Meno. Not exactly a science book, but if we're talking about inspiring the next generation of engineers, flipping through this book would be one way to do it. You can regard this volume as an introduction to the esoteric world of "vigs" (vignettes), "minifigs" (custom-made mini-figurines), balloon-borne Lego experiments, robo-Legos?and grand projects that take millions of those little bricks to?pull off.?

For kids of all ages:
The AAAS/Subaru SB&F Prize for Excellence in Science Books recognizes high-quality science writing and illustration for young readers, but the "young adult" finalists are worth reading even if you're not so young anymore. My book, "The Case for Pluto," was a finalist last year. Here are this year's top selections:

Young adult science books:

  • "Feathers: The Evolution of a Natural Miracle," by Thor Hanson. Delves into the evolution of feathers in the dinosaur age, their adaptation in the animal world and in the fashion world, the history of the global feather trade and the future applications of feather science.
  • "Feynman," by Jim Ottaviani with illustrations by Leland Myrick. A graphic novel about the bongo-playing, Nobel-winning?pioneer of quantum physics? This is a biography of Richard Feynman you have to see to believe.?This has been a good year for the late physicist: Fans will want to pick up Lawrence M. Krauss' "Quantum Man" and take a look at Freeman Dyson's essay about both biographies in The New York Review of Books.?Really serious fans will be interested in a new paperback edition of "Feynman Lectures on Physics."
  • "Plastic: A Toxic Love Story," by Susan Freinkel. Are we in an unhealthy relationship with plastic? Freinkel delves into the history, science and economics surrounding our love affair with synthetics, and suggests a healthier way to live with "the material we love to hate but can't seem to live without."
  • "Science Fair Season: Twelve Kids, a Robot Named Scorch, and What It Takes to Win," by Judy Dutton.?The Intel Science and Engineering Fair is one of the premier?competitions for whiz kids, offering $4 million in prizes and scholarships. But what's the real story behind the whizzery? Dutton follows a dozen brainy contestants through the thrill of discovery and the agony of defeat.

Children's science picture books:

  • "After the Kill," by Darrin Lunde. Illustrator: Catherine Stock.
  • "A Butterfly Is Patient," by Dianna Hutts Aston. Illustrator: Sylvia Long.
  • "Seabird in the Forest," by Joan Dunning.
  • "Seed, Soil, Sun," by Chris Peterson.

Middle-grades science books:

  • "Biomimickry: Inventions Inspired by Nature," by Dora Lee (illus.: Margot Thompson).
  • "The Case of the Vanishing Golden Frog: A Scientific Mystery," by Sandra Markle.
  • "Elephant Talk: The Surprising Science of Elephant Communication," by Ann Downer.
  • "World Without Fish," by Mark Kurlansky with illustrations by Frank Stockton.

Award-winners:
These books take the prize, literally. They're this year's top selections from prestigious science-writing competitions:

  • "Superbug: The Fatal Menace of MRSA," by Maryn McKenna. Winner of the National Association of Science Writers' Science in Society book award.
  • "The Immortal Life of Henrietta Lacks," by Rebecca Skloot. Winner of National Academies' Communication Award for books (and a repeat recommendation from last year's book roundup).
  • "The Wave Watcher's Companion," by Gavin Pretor-Pinney. Winner of the Royal Society Winton Prize for Science Books.

More book recommendations:
Check out these recommendations from past Cosmic Log roundups:


Connect with the Cosmic Log community by "liking" the log's Facebook page, following @b0yle on Twitter or following the Cosmic Log Google+ page. You can also check out "The Case for Pluto," my book about the controversial dwarf planet and the search for new worlds.

Source: http://cosmiclog.msnbc.msn.com/_news/2011/11/21/8936378-scientific-tales-come-alive-in-ink

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Weidman, Tibau preliminary card winners at UFC 139

Weidman, Tibau preliminary card winners at UFC 139

Chris Weidman and Gleison Tibau rounded out the Facebook fights at UFC 139 in San Jose on Saturday with wins.

Weidman chokes his way to a win

Chris Weidman needed just 2:07 to get a technical submission win over Tom Lawlor.

Weidman relied on his wrestling early, getting a takedown in the first minute of the fight. He maneuvered into a D'arce. Lawlor didn't tap when he was in trouble, so the fight was stopped when Lawlor was unconscious.

Weidman, an All-American wrestler at Hofstra, continued his undefeated streak with the win. Lawlor fell to 7-4.

Tibau takes battle of grapplers

Gleison Tibau continued his undefeated streak in 2011 with a decision win over Rafael dos Anjos.

The first round gave dos Anjos a marked advantage on the ground, but Tibau had better striking in a tightly contested round. The majority of the second round was stand-up, despite the strong grappling backgrounds of both fighters. Again, the round was tight, as each fighter answered the other's punching combos. Late in the round, Tinau took the lead with a left-right combo, and then an unending bevy of unanswered shots. Somehow,? dos Anjos stayed on his feet despite being very wobbly from Tibau's big punches.

Tibau notched a takedown in the third round and controlled dos Anjos for most of the round. That takedown represented the majority of any offense in the round. Dos Anjos returned to his feet and swung wildly in the last remaining minute, but it was too late.

The judges saw the fight 29-28, 28-29, 30-27 for Tibau. This win was his third in a row and puts his record to 25-7. Dos Anjos fell to 15-6.

Source: http://sports.yahoo.com/mma/blog/cagewriter/post/Weidman-Tibau-preliminary-card-winners-at-UFC-1?urn=mma-wp9673

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Overheard at the 39th annual American Music Awards

(AP) ? Overheard at the 39th annual American Music Awards, presented Sunday at the Nokia Theatre in Los Angeles:

? "We've never won an American Music Award, and it's wonderful to be acknowledged for our music. It's very sharp, though, so we'll have to be careful around the house." ? Maroon 5 frontman Adam Levine backstage on the pyramid-shaped AMA trophy.

? "We just want to say thank you to the fans. It starts and ends with you and we just love you very, very much." ? Hillary Scott of Lady Antebellum as she accepted the band's prize for favorite country band, duo or group.

? "Just chase your dreams. I never thought this could be possible. Shout out to all the female rappers, past present and future." ? Nicki Minaj, who beat out Lil Wayne, Kanye West and Jay-Z to win favorite hip-hop album for "Pink Friday."

"Heavy had a huge effect on all of us. He was inspiring and optimistic. He just always told us or gave us great advice. He always wanted us to do good. He was like a father figure for us." ? Mary J. Blige backstage on Heavy D, who died unexpectedly earlier this month and whom Blige honored on stage with her performance.

? "I just want to thank my family most of all, my beautiful babies, who just inspire me every day to be a better person." ? Jennifer Lopez accepting the award for favorite Latin music artist.

? "I think the two of us should just get on TV and let our hair fight each other." ? Pompadour-ed presenter Robin Thicke backstage on fellow fluffy-haired singer, Bruno Mars, who was named favorite male pop/rock artist.

? "This is like one of the craziest things that has ever happened to me." ? Taylor Swift accepting the award for artist of the year.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2011-11-21-American%20Music%20Awards-Quotes/id-a47df4660bdb4b50a89260c71bcf8143

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Exoplanet Count Tops 700

That's not really good reason to believe they don't exist. A galactic spanning civilization, for one, would only be visible, as you say, across the galaxy. Not across the entire universe. And secondly, as of right now it is only a pipe dream that a couple thousand more years of history will spread us across the stars. We might just as easily blow ourselves up, retreat into a cyber-singularity, or just run out of gas, so to speak.

But anyway, I agree that it's likely that microbial life of various sorts is abundant. And on the other end, I've always felt that it is only a kind of cellular chauvinism that prevents us from thinking of stellar objects as life forms. They grow, they mantain homeostasis, they sometimes reproduce in a fashion, they consume, they die.

Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/tBWfmqrRhFI/exoplanet-count-tops-700

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Monday, November 21, 2011

US Officials Investigating Hacker Attack Against Illinois Water Supply [Security]

On November 8th, foreign hackers were reportedly able to infiltrate a central Illinois utility and remotely reset the system and damage a water pump. If confirmed, would will be the first foreign cyber attack against a US utility. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/i6m7SnPUdt4/us-officials-investigating-hacker-attack-against-illinois-water-supply

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Iowa State stuns No. 2 Oklahoma State 37-31 in 2OT (AP)

AMES, Iowa ? Backup running back Jeff Woody scored on a 4-yard run in the second overtime and Iowa State stunned second-ranked Oklahoma State 37-31 on Friday night, derailing the Cowboys' national title hopes.

The Cyclones (6-4, 3-4 Big 12) overcame a 17-point deficit to beat the Cowboys (10-1, 7-1 Big 12), who were just a win away from a showdown with rival Oklahoma for a likely spot in the BCS title game. Their loss opened a path for Oregon or Alabama to face LSU in a rematch for the title.

Oklahoma State quarterback Brandon Weeden's first pass in the second overtime was intercepted by Ter'Ran Benton. Woody ran for 6 and 15 yards, then bullied his way into the end zone to give the Cyclones their first victory over a top-five opponent in school history.

Weeden threw for 476 yards, but he had three interceptions as the Cowboys turned it over five times.

Playing a day after Oklahoma State women's basketball coach Kurt Budke and three others were killed in a plane crash, the Cowboys were 27-point favorites against the upstart Cyclones, who lost their first four Big 12 games. But the Cowboys let Iowa State hang around just long enough to beat them ? and throw the national title picture into chaos.

Iowa State freshman quarterback Jared Barnett found James White for a 25-yard touchdown on the first play of extra time, but Weeden answered with a 6-yard TD pass to Josh Cooper.

Johnson's interception set up a thrilling finish for the Cyclones and coach Paul Rhoads, the defensive coordinator at Pittsburgh when it upset No. 2 West Virginia 13-9 in 2007.

Barnett finished with 376 yards passing and three TDs for Iowa State.

Oklahoma State stretched its lead to 24-7 less than 3 minutes into the second half and looked set to break it open as it usually does. Tracy Moore caught Weeden's pass in traffic and stumbled 30 yards for the touchdown.

That could have been it for Iowa State ? but the Cyclones were far from finished.

Iowa State answered with a 32-yard TD run from White and recovered an onside kick with ease. Barnett fumbled it back to Oklahoma State, but the Cowboys fumbled it right back and Zach Guyer's 24-yard field goal made it 24-17 with 4:04 left in the third quarter.

Oklahoma State came in averaging 51.7 points a game, but it couldn't string together the drives that made Weeden a serious Heisman Trophy contender.

Iowa State tied the game at 24-all with 5:30 left in regulation as Barnett found a sliding Albert Gary in the end zone for a 7-yard TD catch. Oklahoma State's Alex Elkins intercepted Barnett's pass with 3:17 left, but Sharp pushed a 37-yard field goal right with 1:17 to go to force overtime.

It was just the third missed field goal in 20 tries for Sharp.

Iowa State knew it would need a lot of breaks to pull off the upset.

The Cyclones caught a few early, recovering Randle's fumble and intercepting Weeden's pass in the first quarter. But they didn't turn either into points, and the Cowboys' defense made them pay for it.

Linebacker Shaun Lewis jumped Barnett's pass and took it back 70 yards for a touchdown, giving Oklahoma State a 7-0 lead late in the first quarter.

Iowa State pulled to 10-7 on Barnett's 16-yard TD pass to Darius Reynolds. But Blackmon stopped short and went high for Weeden's pass over a pair of defenders on a 27-yard touchdown reception, giving Oklahoma State a 17-7 lead with 5:26 left before halftime.

Iowa State held a moment of silence before the game to honor Budke, assistant Miranda Serna and two others who were killed Thursday when their single-engine plane crashed during a recruiting trip in Arkansas.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20111119/ap_on_sp_co_ga_su/fbc_t25_oklahoma_st_iowa_st

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Sunday, November 20, 2011

Self-help guru gets 2 years in sweat lodge deaths (AP)

PRESCOTT, Ariz. ? A charismatic self-help author was sentenced Friday to two years in prison for leading an Arizona sweat lodge ceremony that was supposed to offer spiritual enlightenment but instead ended with disoriented participants struggling to breathe and being dragged outside. Three people died.

A judge gave James Arthur Ray three, two-year sentences, to be served concurrently, and ordered him to pay more than $57,000 in restitution

"I find that the aggravating circumstance of emotional harm is so strong and such that probation is simply unwarranted in this case," Yavapai County Superior Court Judge Warren Darrow said.

The courtroom was silent as the sentence was handed down. The victims' families held hands, as did Ray's parents and brother.

Afterward authorities immediately took custody of Ray, who will serve his time with the state Department of Corrections. Ray's parents, Joyce and Gordon Ray, said they hoped to get a chance to meet with him briefly after the hearing. They declined to comment further.

Defense attorney Luis Li said an appeal was likely. "We just hope the process of healing can begin and the victims' families can find some peace," he said.

County Attorney Sheila Polk said she was disappointed that the judge didn't give Ray the maximum sentence of nine years in prison. She said she made a strong case for accountability, justice and deterrence ? "all the reasons a more significant prison sentence should have been imposed."

But, Polk added, "certainly some prison over probation is better than no prison at all."

Ray had faced probation to nine years after being convicted on a trio of negligent homicide counts. Authorities originally charged Ray with manslaughter, but jurors rejected arguments that he was reckless in his handling of the October 2009 ceremony.

Prosecutors urged Darrow to hand down the maximum sentence to keep Ray off the self-help circuit and from harming others. Ray's attorneys said probation was best for a man who showed remorse, lacked a prior criminal history and is the sole caretaker for ailing parents.

Earlier Friday, Ray stood before the judge and the victims' families and begged for forgiveness. He said he would have stopped the ceremony had he known people were dying or in distress.

Ray turned to the more than a dozen family members seated in the courtroom, tearfully taking responsibility for the pain and anguish he caused them.

"At the end of the day, I lost three friends, and I lost them on my watch," Ray said. "Whatever errors in judgment or mistakes I have made, I'm going to have to live with those for the rest of my life. I truly understand your disappointment in my actions after, I do. I'm disappointed in myself. I don't have any excuse."

It was the kind of apology that the victims' families say they would have like to receive from Ray immediately following the deaths of Kirby Brown, 38, of Westtown, N.Y.; James Shore, 40, of Milwaukee; and Liz Neuman, 49, of Prior Lake, Minn., more than two years ago.

"There was nothing you could teach Liz, James or Kirby about honor, integrity and impeccability, but they could have taught you a lot," Neuman's cousin Lily Clark said in a raised voice while looking at Ray. "They were born spiritual warriors, and you are not worthy to spit shine their combat boots."

Ray's motivational mantra drew dozens of people to a retreat nestled in the scrub forest near Sedona with a promise that the sweat lodge ceremony typically used by American Indians to cleanse the body would help them break through whatever was holding them back in life. It was the culminating event of his five-day "Spiritual Warrior" seminar.

Participants began showing signs of distress about half way through the two-hour ceremony. By the time it was over, some were vomiting, struggling to breathe and lying lifeless on the ground. Two people ? Brown and Shore ? were pronounced dead. Neuman slipped into a coma and never regained consciousness. She died more than a week later at a Flagstaff hospital.

The trial was a mix of lengthy witness testimony and legal wrangling that lasted four months. Witnesses painted conflicting pictures of Ray, with some describing him as a coach who encouraged participants to do their best to endure the heat but never forced them to remain in the sweat lodge. Others said they learned through breathing exercises, a 36-hour fast, and a game in which Ray portrayed God that they dare not question him and lost the physical and mental ability to care for themselves or others.

Prosecutors contended that Ray ratcheted up the heat to dangerous levels, ignored pleas for help and watched as participants were dragged out of the sweat lodge. Ray's attorneys suggested that toxins or poisons contributed to the deaths, but jurors said that theory was not credible.

Ray's attorneys made at least nine requests for a retrial or mistrial based on what they say were errors by the prosecution. While Darrow ruled that prosecutors broke disclosure rules, he rejected each of the defense requests. The case is bound for appeal.

Source: http://us.rd.yahoo.com/dailynews/rss/crime/*http%3A//news.yahoo.com/s/ap/20111118/ap_on_en_ot/us_sweat_lodge_deaths

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Judge approves Crystal Cathedral sale to diocese (AP)

SANTA ANA, Calif. ? A federal judge on Thursday approved the sale of the Crystal Cathedral to the Roman Catholic Diocese of Orange to help the financially struggling megachurch emerge from bankruptcy.

The decision by U.S. Bankruptcy Court Judge Robert N. Kwan came after a bidding war between the diocese and Orange County's Chapman University for the 40-acre property in Garden Grove.

The diocese plans to use the site for a countywide cathedral, which means Crystal Cathedral congregants will need to move to a new location.

Chapman had wanted to use the site to expand its health sciences offerings and possibly start a medical school.

The board of directors of Crystal Cathedral Ministries announced earlier Thursday that the diocese was its preferred buyer for the church campus.

A board statement said it preferred terms of the diocese's $57.5 million bid for the Orange County cathedral, longtime home of the "Hour of Power" broadcast.

"The Catholic plan allows Crystal Cathedral ministry full and exclusive use of the Crystal Cathedral and the majority of the property for three years," it said.

In addition, the Family Life Center would be available for 18 months while temporary solutions are found to house programs for children and youth.

The Rev. Robert H. Schuller started the Crystal Cathedral as a drive-in church in the 1950s under the auspices of the Reformed Church in America. Decades later, the Southern California ministry evolved into an international televangelism empire and erected its now-famous building.

In 2008, the church's revenues plummeted amid a decline in donations and ticket sales for holiday pageants due to the recession, church officials said. But some experts say the church failed to attract younger members while alienating older churchgoers with an ill-fated attempt to turn the church over to Schuller's son, ending in a bitter and public family feud.

The church laid off employees and cut salaries, but its debts surpassed $43 million, prompting the Crystal Cathedral to declare bankruptcy last year.

Some congregants at the Crystal Cathedral said losing their church would be a sign of failure of the ministry's leadership and they wouldn't follow its leaders to a new site.

Source: http://us.rd.yahoo.com/dailynews/rss/religion/*http%3A//news.yahoo.com/s/ap/20111118/ap_on_re_us/us_crystal_cathedral

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Sec. Clinton to make historic Burma visit (cbsnews)

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

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/163572489?client_source=feed&format=rss

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