Monday, June 24, 2013

Tenet Healthcare to buy Vanguard Health for $4.3 billion

(Reuters) - U.S. hospital operator Tenet Healthcare Corp will buy smaller rival Vanguard Health Systems Inc for $4.3 billion including debt to expand into new geographies.

The offer of $21 per share represents a premium of 70 percent to Vanguard's Friday close. Vanguard shares were up 66 percent at $20.51 in thin trading before the bell.

The companies said the deal includes the assumption of $2.5 billion of debt.

Tenet said it expects the deal to add to earnings in the first year and estimates annual savings of $100 million to $200 million.

"This acquisition will take Tenet into new geographic markets, expand the breadth of our service offerings, diversify our earnings sources and increase the benefits we expect to realize under healthcare reform," Tenet CEO Trevor Fetter said in a statement on Monday.

Tenet has hospitals in California, Texas, several states in the U.S. Southeast and in Pennsylvania.

Vanguard owns and operates 28 acute care and specialty hospitals in the U.S. Midwest, South and Massachusetts.

U.S. hospital stocks have rallied this year as investors expect the companies to benefit from President Barack Obama's healthcare reform that will expand insurance coverage to more Americans. The reform has also spurred consolidation in the sector.

Tenet has secured fully committed financing from Bank of America Merrill Lynch.

Gibson Dunn & Crutcher was Tenet's legal counsel and Lazard, Bank of America Merrill Lynch, Barclays and Teneo Capital were financial and strategic advisers.

Vanguard was advised by J.P. Morgan. Skadden, Arps, Slate, Meagher & Flom was legal counsel.

The deal is expected to close by the end of the year.

(Reporting by Esha Dey in Bangalore; Editing by Roshni Menon)

Source: http://news.yahoo.com/tenet-healthcare-buy-vanguard-health-4-3-billion-103002493.html

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'Kick Ass' Writer to Jim Carrey -- Relax, It's Just a Movie | TMZ.com

'Kick Ass' Writer
Jim Carrey Needs to Relax
It's Just a Movie

Breaking News

0624_mark_millar_jim_carrey
"Kick Ass 2" star Jim Carrey is confusing real-life violence with make-believe violence ... so says the film's writer, who's now firing back against Carrey for criticizing the movie's blood and guts.

As we reported, Carrey has officially withdrawn his support for the movie, claiming he can't advocate such a relentlessly violent film in the wake of the Sandy Hook Massacre.

But "Kick Ass 2" writer Mark Millar says Carrey's criticism is misplaced, writing, "Like Jim, I'm horrified by real-life violence (even though I'm Scottish), but Kick-Ass 2 isn't a documentary. No actors were harmed in the making of this production! This is fiction."

He posted the statement on his website, and hammered home his message to Jim by pointing out "Superman just snapped a guy's f***ing neck."

But still ... no hard feelings between Millar and Carrey -- the writer says, "Jim, I love ya and I hope you reconsider."

Get TMZ Breaking News alerts to your inbox

Source: http://www.tmz.com/2013/06/24/kick-ass-writer-mark-millar-jim-carrey-violence/

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Google Play for Education now accepting developer submissions

Google Play for Education now accepting developer submissions

Google's getting serious about education. Its Play for Education portal, announced last month at I/O, is creeping ever closer to a full launch, with a call for application submissions starting today. Developers that want to be considered for Google's curated storefront can mark their applications for consideration now via the Play Developer Console. But unlike the wild, wild west of the Play store at-large, where anything goes, not every education-focused app will get the greenlight. In fact, Google's submission process requires all applications marked as suitable for K-12 to first pass through a network of non-affiliated educators for evaluation before then being measured against the Play for Education store's requirements for classroom use. If selected, developer's applications will be made available to the many pilot programs currently underway across the country, with an eventual full-scale rollout when Play for Education officially launches sometime this fall.

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Source: Android Developers Blog

Source: http://www.engadget.com/2013/06/24/google-play-for-education-now-accepting-developer-submissions/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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Sunday, June 23, 2013

Plane believed to be carrying Snowden in Moscow

MOSCOW (AP) ? A former National Security Agency contractor wanted by the United States for revealing highly classified surveillance programs was believed to have landed in Russia on Sunday ? possibly as a stopover before traveling elsewhere ? after being allowed to leave Hong Kong.

Edward Snowden was on an Aeroflot flight from Hong Kong that arrived in Moscow on Sunday afternoon and was booked on a flight to fly to Cuba on Monday, the Russian news agencies ITAR-Tass and Interfax reported, citing unnamed airline officials. The reports said he intended to travel from Cuba to Caracas, Venezuela.

Snowden did not leave Moscow's Sheremetyevo Airport with the other passengers. Interfax reported that he was spending the night in the transit zone of the airport because he did not have a visa to enter Russia and had rented a room in a capsule hotel.

Snowden had been in hiding in Hong Kong for several weeks after he revealed information on the highly classified spy programs. The WikiLeaks anti-secrecy group said it was working with him and he was bound for an unnamed "democratic nation via a safe route for the purpose of asylum."

The White House said President Barack Obama has been briefed on Sunday's developments by his national security advisers.

Snowden's departure came a day after the United States made a formal request for his extradition and gave a pointed warning to Hong Kong against delaying the process of returning him to face trial in the U.S.

The Department of Justice said only that it would "continue to discuss this matter with Hong Kong and pursue relevant law enforcement cooperation with other countries where Mr. Snowden may be attempting to travel."

The Hong Kong government said in a statement that Snowden left "on his own accord for a third country through a lawful and normal channel."

It acknowledged the U.S. extradition request, but said U.S. documentation did not "fully comply with the legal requirements under Hong Kong law." It said additional information was requested from Washington, but since the Hong Kong government "has yet to have sufficient information to process the request for provisional warrant of arrest, there is no legal basis to restrict Mr. Snowden from leaving Hong Kong."

The statement said Hong Kong had informed the U.S. of Snowden's departure. It added that it wanted more information about alleged hacking of computer systems in Hong Kong by U.S. government agencies which Snowden had revealed.

Hong Kong's decision to let Snowden go on a technicality appears to be a pragmatic move aimed at avoiding a drawn out extradition battle. The action swiftly eliminates a geopolitical headache that could have left Hong Kong facing pressure from both Washington and Beijing.

Hong Kong, a former British colony, has a high degree of autonomy and is granted rights and freedoms not seen on mainland China, but under the city's mini constitution Beijing is allowed to intervene in matters involving defense and diplomatic affairs.

Hong Kong has an extradition treaty with the U.S., but the document has some exceptions, including for crimes deemed political.

Russian officials have given no indication that they have any interest in detaining Snowden or any grounds to do so. Foreign Minister Sergey Lavrov has said that Russia would be willing to consider granting asylum if Snowden were to make such a request.

Russia and the United States have no extradition treaty that would oblige Russia to hand over a U.S. citizen at Washington's request.

WikiLeaks said it was providing legal help to Snowden at his request and that he was being escorted by diplomats and legal advisors from the group. WikiLeaks' founder, Julian Assange, who has spent a year inside the Ecuadorean Embassy in London to avoid extradition to Sweden to face questioning about sex crime allegations, told the Sydney Morning Herald that his organization is in a position to help because it has expertise in international asylum and extradition law.

The Cuban government had no comment on Snowden's movements or reports he might use Havana as a transit point.

The Obama administration on Saturday warned Hong Kong against delaying Snowden's extradition, with White House national security adviser Tom Donilon saying in an interview with CBS News, "Hong Kong has been a historically good partner of the United States in law enforcement matters, and we expect them to comply with the treaty in this case."

Michael Ratner, Assange's lawyer, said he didn't know Snowden's final destination, but that his options were not numerous. "You have to have a country that's going to stand up to the United States," Ratner said. "You're not talking about a huge range of countries here."

Ratner added that a country's extradition treaty with the U.S. is "not going to be relevant" because the country he ends up going to will likely be one willing to give him a political exemption.

Snowden's departure came as the South China Morning Post released new allegations from the former NSA contractor that U.S. hacking targets in China included the nation's cellphone companies and two universities hosting extensive Internet traffic hubs.

He told the newspaper that "the NSA does all kinds of things like hack Chinese cellphone companies to steal all of your SMS data." It added that Snowden said he had documents to support the hacking allegations, but the report did not identify the documents. It said he spoke to the newspaper in a June 12 interview.

With a population of more than 1.3 billion, China has massive cellphone companies. China Mobile is the world's largest mobile network carrier with 735 million subscribers, followed by China Unicom with 258 million users and China Telecom with 172 million users.

Snowden said Tsinghua University in Beijing and Chinese University in Hong Kong, home of some of the country's major Internet traffic hubs, were targets of extensive hacking by U.S. spies this year. He said the NSA was focusing on so-called "network backbones" in China, through which enormous amounts of Internet data passes.

The Chinese Foreign Ministry said it was aware of the reports of Snowden's departure from Hong Kong to Moscow but did not know the specifics. It said the Chinese central government "always respects" Hong Kong's "handling of affairs in accordance with law." The Foreign Ministry also noted that it is "gravely concerned about the recently disclosed cyberattacks by relevant U.S. government agencies against China."

China's state-run media have used Snowden's allegations to poke back at Washington after the U.S. had spent the past several months pressuring China on its international spying operations.

A commentary published Sunday by the official Xinhua News Agency said Snowden's disclosures of U.S. spying activities in China have "put Washington in a really awkward situation."

"Washington should come clean about its record first. It owes ... an explanation to China and other countries it has allegedly spied on," it said. "It has to share with the world the range, extent and intent of its clandestine hacking programs."

____

Chan reported from Hong Kong. Sylvia Hui in London, Paul Haven in Havana, and Anne Flaherty and Julie Pace in Washington contributed to this report.

Source: http://news.yahoo.com/plane-believed-carrying-snowden-moscow-132626347.html

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Trial provides portrait of Jackson as a father

FILE - In this Oct. 8, 2011 file photo, from left, Prince Jackson, Prince Michael II "Blanket"Jackson and Paris Jackson arrive on stage at the Michael Forever the Tribute Concert, at the Millennium Stadium in Cardiff, Wales. Jurors hearing a civil case in Los Angeles filed by Jackson?s mother, Katherine Jackson, have heard numerous stories about the entertainer?s devotion to his children as expressed through extravagant birthday parties and secret family outings. The tender moments have been described throughout the trial, which concluded its eighth week on Friday, June 21, 2013. (AP Photo/Joel Ryan, file) *Editorial Use Only*

FILE - In this Oct. 8, 2011 file photo, from left, Prince Jackson, Prince Michael II "Blanket"Jackson and Paris Jackson arrive on stage at the Michael Forever the Tribute Concert, at the Millennium Stadium in Cardiff, Wales. Jurors hearing a civil case in Los Angeles filed by Jackson?s mother, Katherine Jackson, have heard numerous stories about the entertainer?s devotion to his children as expressed through extravagant birthday parties and secret family outings. The tender moments have been described throughout the trial, which concluded its eighth week on Friday, June 21, 2013. (AP Photo/Joel Ryan, file) *Editorial Use Only*

In this undated photo released by the LA Superior Court and presented as evidence, a 2009 message written by Paris Jackson about her father, Michael Jackson, is seen on a chalkboard that was placed in the kitchen of the singer?s rented mansion in Los Angeles. The message remained on the board on the day Jackson died in June 2009, and was described to a jury hearing a case in Los Angeles filed by Jackson?s mother by the singer?s chef, Kai Chase, during testimony on Tuesday, June 18, 2013. (AP Photo/LA Superior Court)

FILE - In this May 27, 2006 file photo, Michael Jackson smiles during a press conference of the MTV Video Music Awards Japan 2006 in Tokyo. The U.S. entertainer was awarded a Legend Award at the ceremony. Jurors hearing a civil case in Los Angeles filed by Jackson?s mother, Katherine Jackson, have heard numerous stories about the entertainer?s devotion to his children as expressed through extravagant birthday parties and secret family outings. The tender moments have been described throughout the trial, which concluded its eighth week on Friday, June 21, 2013. (AP Photo/Koji Sasahara, File)

FILE - In this Jan. 25, 2006 file photo, Michael Jackson, center, wears an abaya, the traditional Arabic women's veil and all-covering gown, and holds the hand of one of his children, also veiled, as they walk toward their car behind a shopping mall, in Manama, Bahrain. Jackson, a reclusive resident of the Gulf island country since being cleared of child molestation charges, was accompanied by his sister, Janet, unseen, and two other children on the shopping outing. Jurors hearing a civil case in Los Angeles filed by Jackson?s mother, Katherine Jackson, have heard numerous stories about the entertainer?s devotion to his children as expressed through extravagant birthday parties and secret family outings. The tender moments have been described throughout the trial, which concluded its eighth week on Friday, June 21, 2013. (AP Photo/Hasan Jamali, File)

(AP) ? Courtrooms have supplied the epilogue to Michael Jackson's life. They've provided the forum where his debts have been settled, his final days dissected and his life depicted as a cautionary tale.

In nearly four years of court proceedings, two juries have watched Jackson come to life on video screens. They've watched him spin, dance, and then disappear. They've heard his voice, seen his handwriting and viewed photos of his lifeless body.

His role as a father has been described in little more than platitudes. Until now.

The jury hearing a civil case filed by the superstar's mother ? against AEG Live LLC, the promoter of Jackson's ill-fated concerts ? are experiencing details of a world previously held under lock and key. They've heard of extravagant birthday parties, secret family outings and the leg-clinging devotion of his children.

Jackson shielded the youngsters from the public eye, home-schooling them and often hiding their faces in public.

Away from the cameras, Jackson tried to create an environment of love, attention and special moments for his children, Michael Joseph "Prince" Jackson Jr., Paris-Michael Katherine Jackson and Prince Michael "Blanket" Jackson.

The following are some of some of the stories they've told. They present a portrait of Jackson as a father that outsiders never saw.

___

The final month of Jackson's life was a busy time. There were rehearsals for "This Is It," planning meetings and film shoots for a series of mini-movies that would precede some of his greatest hits at the London shows.

Jackson brought his children to the shoot for a "Smooth Criminal" video that culminated with Jackson leaping through a window while being shot at by Humphrey Bogart.

Alif Sankey, a backup dancer on the original video who was working on the comeback concerts, sat next to Paris during the shoot. The 11-year-old wanted to share a secret and opened up her purse.

It was filled with candy, Sankey recalled.

Jackson didn't want his children to eat sweets, and Paris asked Sankey to keep it quiet.

The dancer noticed something else inside the purse ? tiny picture frames with images of her father.

"Her purse was full of candy and pictures of Daddy."

___

Despite being home-schooled, there was no shortage of companions for Jackson's children.

Chef Kai Chase recalled numerous pets in the mansion that Jackson was renting while he prepared for his "This Is It" shows.

There was the talking bird, Siberia, who whistled at pretty women.

The children also had a chocolate Labrador named Kenya, whom Chase bought a cookbook for so she could bake him treats and a birthday cake. Two cats, named Katie and Thriller, also roamed the house.

During opening statements of the civil trial, some of the jury's first exposure to life in the Jackson home came from footage shot on a Christmas morning several years ago. Jackson's ode to his children, "You Are My Life" played as jurors watched a video of a Christmas morning from years ago of Prince, Paris and Blanket gleefully receiving their gifts, which included the puppy, Kenya.

___

Chase had been working at Jackson's home for only a few days when it came time to prepare for Paris' 11th birthday.

She wanted a Michael Jackson-themed party.

All around the dining room, posters of the King of Pop were hung alongside album covers and other pictures. Jackson's hit songs played as the family ate cheese pizza, hot wings and banana splits, Chase recalled.

Paris' birthday cake was decorated with Lilo & Stitch, her favorite Disney characters. But the festivities weren't over.

Jackson escorted the children into the backyard, where they watched a private Cirque du Soleil-style circus, complete with men on stilts and a woman performing in a giant balloon.

Chase watched from the kitchen window and later described the scene as "the most beautiful expression of love I've ever seen."

___

Jackson spent the final months of his life in a rented mansion in the upscale Holmby Hills section of Los Angeles.

The mansion had all the amenities fit for a pop superstar ? a palatial entryway, staircase and parlor and in the basement, a home theater and dance studio.

The house was a hub of activity, with security guards posted outside, a pair of housekeepers, a nanny for the children and on many days, a personal chef stationed in the kitchen.

Dinners at the home occasionally featured special guests, including Jackson's personal physician Conrad Murray and choreographer Travis Payne.

But staffers and guests other than Murray weren't allowed upstairs, where the bedrooms were. When Chase wanted to prepare a soul food menu for Jackson and his children, she wrote him a note in Magic Marker and left it at the foot of the stairs.

AEG Live's lead defense attorney has pointed to the secrecy of Jackson's upstairs lifestyle ? where the superstar was receiving nightly doses of the anesthetic propofol in his locked bedroom ? to support the company's contention it couldn't have known about Jackson's drug treatments.

___

Having a stable home for his children was a major motivation for Jackson returning to the concert stage, AEG executives say.

After his acquittal of child molestation charges in 2005, Jackson had become a nomad, spending time in various cities, including Las Vegas, often staying with friends.

"He wanted his kids to have a permanent place to live and a sense of community," AEG Live CEO Randy Phillips recalled Jackson telling him during one meeting held while the family was living in the guesthouse of a rich benefactor.

It was Halloween and the children darted in and out of the rooms, wearing masks. Later that night, they'd go with their father to a party at Elizabeth Taylor's home.

"I felt incredibly bad that this incredible star was at this point where he couldn't buy a house," Phillips said.

___

Jackson was always a magnet for photographers and fans, but he managed to sneak his children into a movie just weeks before his death.

The family and a few others went to see the animated film "Up" at the El Capitan Theatre on a touristy stretch of Hollywood Boulevard.

They came in a back door and remained in a private room while moviegoers filed into the theater. When everyone else was seated, the entourage, including his longtime makeup artist Karen Faye, director Kenny Ortega and others, hit up the concession stand.

The group watched the movie without distraction. "No one knew Michael was there," Faye recalled.

___

Jackson and choreographer Travis Payne were scheduled to rehearse one-on-one several days a week in the dance studio that was in the basement of Jackson's mansion.

It's unclear how often the pair worked out, but when they did they often had a companion, 7-year-old Blanket. He liked to watch his father dance, Payne later recalled, and tried to always stay close to his dad. During their workouts, Payne said Jackson talked to his son, mentoring him.

Preparations for the shows meant that Jackson was frequently out of the house at meetings, film shoots or rehearsals. When he returned home, Prince, Paris and Blanket would rush their father.

"They would take off like lightning," Chase recalls, "... and grab him around the ankles and around the waist."

They'd be hanging off of him, not unlike a picture shown to jurors during opening statements.

In the photo, Jackson was handing Blanket, then a newborn, to President Bill Clinton. Clinging to Jackson's right leg was Paris.

___

When it came time for a science project, Paris settled on studying snails.

She enlisted Chase to help her find snails in the mansion's backyard. The pair carried large flashlights and found several of the slimy creatures and prepared to bring them inside.

Jackson was waiting for them.

"At this point, I knew I was going to get fired," Chase recalled.

The singer looked at the snails and had a different reaction ? he helped make them a home.

The snails ended up in jars made cozier by moss in the bottom and tiny cocktail umbrellas. They lived on the kitchen counter, not far from other reminders of the children.

Blanket's colorings hung on the refrigerator.

On a chalkboard where Chase would write out menus, Paris scrawled a message that remained on the board the day her father died.

"I love daddy," the 11-year-old wrote. "Smile, it's free."

___

Anthony McCartney can be reached at http://twitter.com/mccartneyAP

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2013-06-22-Michael%20Jackson-Fatherhood/id-f38529cb916246fba97f8237efefdc90

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Kennedys light flame in Ireland to mark iconic JFK trip

DUBLIN (Reuters) - Relatives of President John F. Kennedy lit a flame in Ireland on Saturday to mark the anniversary of his 1963 visit to the country, a landmark in its post-independence history.

Kennedy's visit, just five months before his assassination, was the first by a serving U.S. president and cemented the strong links between the nations forged by waves of emigration.

One of the men to make the long journey over the Atlantic was the president's own great-grandfather Patrick who left New Ross in southeast Ireland for the United States in 1848 during the potato famine.

On Saturday, Irish premier Enda Kenny joined thousands in the county Wexford town to mark the anniversary with the president's sister Jean Kennedy Smith and daughter Caroline Kennedy.

"President Kennedy's 1963 visit to Ireland remains one of the iconic moments of 20th century Ireland," Kenny said. "The powerful symbolism, memorable speeches and the warmth of the interaction between this Irish American President and the Irish public had an impact on both."

Using a torch lit from the eternal flame at Kennedy's grave at Arlington cemetery, Kenny, Jean Kennedy Smith and Caroline Kennedy together lit an "emigrant flame" in New Ross to commemorate the millions of Irish who fled poverty and hard lives at home.

The 1963 visit brought a touch of glamour to Ireland, then still a poor country at the margins of Europe that was struggling to escape from the shadow of larger neighbor Britain, from which it won independence in 1921.

Witnesses still remember Kennedy's youthfulness and charisma and the way he joined in the singing of a ballad about a 1798 revolt against the British.

It was part of a wider tour of Europe that included Kennedy's historic call for liberty in his "Ich bin ein Berliner" speech that encouraged frightened citizens of the western side of the city after the Berlin Wall was erected.

It has some parallels with Barack Obama's trip to Europe this week. The current president has Irish ancestors and while he attended a G8 summit in Northern Ireland, his wife and daughters attracted crowds of onlookers during a visit to Dublin and lunch with U2 singer Bono.

The Irish vote helped to sweep Kennedy to power in 1960 and Obama learned to play that card when he was an Illinois senator seeking votes on the streets of Chicago, where he regularly participated in the St Patrick's Day parade.

"There was no visit that my father made as president that meant more to him that his visit to Ireland," Caroline Kennedy said outside the small cottage where her great-great-grandfather was born and where her father sipped tea with relatives half a century ago.

"Growing up in our family, nothing was a greater source of pride than our Irish heritage."

(Reporting by Sam Cage; Editing by Padraic Halpin and Andrew Heavens)

Source: http://news.yahoo.com/kennedys-light-flame-ireland-mark-iconic-jfk-trip-210717109.html

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Saturday, June 22, 2013

One dead, thousands without power after storms hit U.S. Midwest

By Eric M. Johnson

(Reuters) - One woman is dead and more than 200,000 homes and businesses are without power in the upper Midwest on Saturday after severe thunderstorms struck parts of the Dakotas, Minnesota, and Wisconsin with damaging winds, lightning and baseball-sized hail.

The storms developed in the Dakotas on Friday and powered through Minnesota into Wisconsin, producing wind gusts up to 85 mph and large hailstones, some in excess of 4 inches in diameter, as well as short-lived tornadoes, said Brynn Kerr, a meteorologist with the National Weather Service's Storm Prediction Center in Norman, Oklahoma.

A 63-year-old woman sheltering in a bathtub died when powerful winds tossed around her trailer in South Dakota on Friday afternoon, said Hamlin County Sheriff Chad Schlotterbeck.

Some 200,000 customers were still without power in Minnesota on Saturday, mainly in the Minneapolis area, and another 1,000 were without power across the border in Wisconsin, said Tom Hoen, a spokesman for Xcel Energy Inc, which serves the area.

"It was very intense ... we saw a lot of damage throughout the metro area," Hoen said, adding that branches propelled by wind gusts tore down power lines and easily uprooted trees from the water-logged earth.

"Unfortunately, because of the massive scale of the damage, we will have customers without service going into Tuesday," Hoen said, adding that a chance of weaker storms returning to the area overnight could scuttle repair efforts.

The outages affected 492,000 customers since the storm formed, Hoen said. Other utilities reported scattered outages in Minnesota and Wisconsin.

The National Weather Service expects storms building in the mountains of Wyoming and northern Colorado to push into the adjacent high plains of those states and western portions of the Dakotas and Nebraska during the late afternoon, Kerr said.

The strongest pockets are likely to hit the north-central high plains in Nebraska late Saturday afternoon and evening with driving rain and hail the size of baseballs, Kerr said.

(Editing by Scott Malone and Eric Walsh)

Source: http://news.yahoo.com/one-dead-thousands-without-power-storms-hit-u-185306034.html

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US stocks open higher after 2-day plunge

U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year.

The Dow Jones industrial average was up 50 points, or 0.3 percent, to 14,809 after the first half-hour of trading Friday.

The Dow plunged 560 points Wednesday through Thursday after the Federal Reserve said it could wind down its bond-buying program by the middle of next year.

The Standard & Poor's 500 index rose eight points, or 0.6 percent, to 1,597 points. Consumer staples, which fell sharply the day before, led the way higher.

The Nasdaq composite index edged down two points, or 0.1 percent, to 3,362.

The Nikkei index in Japan rose 1.7 percent, but other Asian markets fell. European markets were mixed but made only small moves.

The yield on the 10-year Treasury note edged up to 2.44 percent from 2.42 percent.

Among stocks making big moves:

? Oracle plunged $3.04, or 9 percent, to $30.17, the biggest drop in the S&P 500 index. The software maker's quarterly results showed that it's struggling to adapt as customers shift away from software installed on their own computers toward software that runs remotely.

? Darden Restaurants, which runs Olive Garden and Red Lobster, fell $1.16, or 2.3 percent, to $50.07 after rising expenses hurt its fourth-quarter earnings.

? CarMax, which runs used car dealerships, reported that its first-quarter profit jumped 21 percent as sales rose. Its stock rose 63 cents or 1.4 percent, to $45.20.

A Fed policy statement and comments from Chairman Ben Bernanke started the selling in stocks and bonds Wednesday.

Bernanke said the Fed expects to scale back its massive bond-buying program later this year and end it entirely by mid-2014 if the economy continues to improve. The bank has been buying $85 billion a month in Treasury and mortgage bonds, a program that has made borrowing cheap for consumers and businesses. It has also helped boost the stock market. The Dow reached an all-time high three weeks ago of 15,409.

After Bernanake's comments, the index lost 560 points on Wednesday and Thursday, wiping out its gains from May and June. The Dow's drop on Thursday was its biggest since November 2011.

Some investors said the sell-off in stocks may be overdone. The Fed is considering easing back on its stimulus because the economy is improving. The central bank has upgraded its outlook for unemployment and economic growth.

The S&P 500 is still up 11.9 percent, for the year, not far from its full-year increase of 13.4 percent last year.

Source: http://news.yahoo.com/us-stocks-open-higher-2-day-plunge-140307006.html

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?Exploding? Box Scrapbook - The Hybrid Chick

Hi ? poki here with another project that allows you to use pre-made layouts to create a gift! ?I love making mini books as gifts for family and friends, but this time I decided to make one just for me! The format is a small box, and when you remove the lid the sides fall down revealing 13 places to attach your photos or layouts.

To create the artwork for my ?exploding? box, I used the beautiful Boutique Collab called SLAINTE?which is part of the ?Digi Chicks Around the World ? series for 2013.The kit is so full of beautiful patterned papers in shades of green, blue, brown, and gold. ?Being as ?fond of green as I am, I headed straight for the greens in the kit, and I was not disappointed! ?I found a quote that perfectly reflected what I wanted this book to be ? a tribute to the 13 family and friends who are a blessing in my life everyday! ??Love overflows and Joy never ends, in a home that is blessed with Family and Friends.? ?I used the quote to create the artwork for the top of the box!

Using a similar format and background, I created the 13 artpieces for inside the box, with photos of my family and friends! ?Here is the layout I did with a photo of me and my BFF Mike!

The base of the box is made with 2 pieces of ?cardstock (one is 12? x 12?, the other is 10 1/2? x 10 1/2?). ?The 12? x 12? pieces is scored at 4? and 8? both directions, which gives you 9 blocks that are 4? x 4?. ?The four blocks in the corners are removed, leaving what looks like a square cross. On the 10 1/2? x ? ? ?10 1/2? pieces of card stock score at 3 1/2? and 7?, giving you 9 blocks which are 3 1/2? x 3 1/2?. ?Remove the four corner pieces, leaving another square cross ? Here are some mock-ups of the way the two square crosses are completed:

FRONT OF 10 1/2? X 10 1/2? piece

Back of 10 1/2? x 10 1/2? piece

Front of 12? x 12? piece

Back of 12? x 12? piece (the outside of the box!)

The base for the lid of the box is an 8.25 x 8.25? piece of cardstock, scored at 1? and 2? all around the outside. ?After scoring, 2? slits are cut on opposite sides of the piece. ?Arrows in the example below show where slits are cut. ?Fold up the left and right sides, and fold tabs toward the middle, and then fold top and bottom sides over the tabs and adhere. ?Artpiece is added to the top of the lid, and a strip is added around the 1? side of the lid! ?Two holes were punched in the edge of the lid ?to insert ribbon and tie a bow.

And now, your scrapbook that isn?t a book at all is complete! ?Here is my completed project!



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Retired Texas public school music teacher ... and I love to digiscrap!

Source: http://www.thehybridchick.com/2013/06/exploding-box-scrapbook/

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Friday, June 21, 2013

Obama to nominate Democrat, Republican to FEC

WASHINGTON (AP) -- The White House says President Barack Obama intends to nominate two lawyers with government experience to become commissioners on the Federal Election Commission, the agency that oversees and enforces campaign finance laws. One of the nominees would fill a Democratic vacancy on the commission and the other would replace the current vice chairman, Republican Donald F. McGahn.

Obama's nominee to the Republican seat is Lee Goodman, who served as a top aide to former Republican Gov. Jim Gilmore of Virginia. Obama's Democratic nominee is Ann Ravel, the chair of the California Fair Political Practices Commission. She would fill the seat vacated earlier this year by Cynthia Bauerly.

If confirmed by the Senate, the FEC would have all of its six commissioners ? three Democrats and three Republicans.

Source: http://news.yahoo.com/obama-nominate-democrat-republican-fec-220539788.html

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Making a beeline for the nectar: How patterns on flowers help bees spot their first nectar-rich flower

June 20, 2013 ? Bumblebees searching for nectar go for signposts on flowers rather than the bull's eye. A new study, by Levente Orb?n and Catherine Plowright from the University of Ottawa in Canada, shows that the markings at the center of a flower are not as important as the markings that will direct the bees to the center.

The work is published online in Springer's journal, Naturwissenschaften -- The Science of Nature.

The first time bees go out looking for nectar, which visual stimuli do they use to identify that first flower that will provide them with the reward they are looking for? Orb?n and Plowright test the relative influence of the type of floral pattern versus pattern position in a group of bumblebees that have never searched for nectar before i.e. flower-naive bees.

In a series of two experiments using both radio-frequency identification technology and video recordings, the researchers exposed a total of over 500 flower-naive bees to two types of patterns on artificial clay flowers: concentric versus radial. Concentric patterns are composed of circles or rings with the same center. Radial patterns are composed of distinctly colored lines extending from the outside of the flower, converging at the center where nectar and pollen are usually found. The patterns tested were in one of two positions on the artificial flowers: either central or peripheral, on the corolla (or petals) of the flower.

They found that both visual properties had significant effects on flower choice. However, when pitted against each other, pattern type trumped position. Bees preferred radial patterns over concentric patterns. When the influence of radial patterns in the center was compared with the influence of radial patterns on the periphery, there was little difference in the bees' response. It appears that the visual cues from the radial pattern guide the bees to the periphery of the flower. Once there, they will find the rewarding nectar in the center of the flower.

The researchers conclude: "Which came first: the chicken or the egg? The behavior of bees has been shaped over the course of evolution as adaptations to flower appearance. Equally, floral appearance has evolved in ways that cater towards bees' visual and olfactory abilities. Flowers may be taking advantage of a principle that will be familiar to students and teachers alike: the bees need not be shown the food itself, but rather, how to find it."

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The above story is reprinted from materials provided by Springer Science+Business Media.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Levente L. Orb?n, Catherine M. S. Plowright. The effect of flower-like and non-flower-like visual properties on choice of unrewarding patterns by bumblebees. Naturwissenschaften, 2013; DOI: 10.1007/s00114-013-1059-9

Note: If no author is given, the source is cited instead.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/~3/mbYST_jf5Zc/130620111208.htm

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Are pro-immigration reform Republicans hurting their 2016 chances? (cbsnews)

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