Tuesday, May 28, 2013

Researchers identify genetic suspects in sporadic Lou Gehrig's disease

May 27, 2013 ? Researchers at the Stanford University School of Medicine have identified mutations in several new genes that might be associated with the development of spontaneously occurring cases of the neurodegenerative disease known as amyotrophic lateral sclerosis, or ALS. Also known as Lou Gehrig's disease, the progressive, fatal condition, in which the motor neurons that control movement and breathing gradually cease to function, has no cure.

Although researchers know of some mutations associated with inherited forms of ALS, the majority of patients have no family history of the disease, and there are few clues as to its cause. The Stanford researchers compared the DNA sequences of 47 patients who have the spontaneous form of the disease, known as sporadic ALS, with those of their unaffected parents. The goal was to identify new mutations that were present in the patient but not in either parent that may have contributed to disease development.

Several suspects are mutations in genes that encode chromatin regulators -- cellular proteins that govern how DNA is packed into the nucleus of a cell and how it is accessed when genes are expressed. Protein members of one these chromatin-regulatory complexes have recently been shown to play roles in normal development and some forms of cancer.

"The more we know about the genetic causes of the disorder, the greater insight we will have as to possible therapeutic targets," said Aaron Gitler, PhD, associate professor of genetics. "Until now, researchers have primarily relied upon large families with many cases of inherited ALS and attempted to pinpoint genetic regions that seem to occur only in patients. But more than 90 percent of ALS cases are sporadic, and many of the genes involved in these cases are unknown."

Gitler is the senior author of the study, which will be published online May 26 in Nature Neuroscience. Postdoctoral scholar Alessandra Chesi, PhD, is the lead author. Gitler and Chesi collaborated with members of the laboratory of Gerald Crabtree, MD, professor of developmental biology and of pathology. Crabtree, a Howard Hughes Medical Institute investigator, is also a co-author of the study.

Chesi and Gitler combined deductive reasoning with recent advances in sequencing technology to conduct the work, which relied on the availability of genetic samples from not only ALS patients, but also the patients' unaffected parents. Such trios can be difficult to obtain for diseases like sporadic ALS that strike well into adulthood when a patient's parents may no longer be alive. Gitler and Chesi collaborated with researchers from Emory University and Johns Hopkins University to collect these samples.

The researchers compared the sequences of a portion of the genome called the exome, which directly contributes to the amino acid sequences of all the proteins in a cell. (Many genes contain intervening, non-protein-coding regions of DNA called introns that are removed prior to protein production.) Mutations found only in the patient's exome, but not in that of his or her parents', were viewed as potential disease-associated candidates -- particularly if they affected the composition or structure of the resulting protein made from that gene.

Focusing on just the exome, which is about 1 percent of the total amount of DNA in each human cell, vastly reduced the total amount of DNA that needed to be sequenced and allowed the researchers to achieve relatively high coverage (or repeated sequencing to ensure accuracy) of each sample.

"We wanted to find novel changes in the patients," Chesi said. "These represent a class of mutations called de novo mutations that likely occurred during the production of the parents' reproductive cells." As a result, these mutations would be carried in all the cells of patients, but not in their parents or siblings.

Using the exome sequencing technique, the researchers identified 25 de novo mutations in the ALS patients. Of these, five are known to be in genes involved in the regulation of the tightly packed form of DNA called chromatin -- a proportion that is much higher than would have been expected by chance, according to Chesi.

Furthermore, one of the five chromatin regulatory proteins, SS18L1, is a member of a neuron-specific complex called nBAF, which has long been studied in Crabtree's laboratory. This complex is strongly expressed in the brain and spinal cord, and affects the ability of the neurons to form branching structures called dendrites that are essential to nerve signaling.

"We found that, in one sporadic ALS case, the last nine amino acids of this protein are missing," Gitler said. "I knew that Gerald Crabtree's lab had been investigating SS18L1, so I asked him about it. In fact, they had already identified these amino acids as being very important to the function of the protein."

When the researchers expressed the mutant SS18L1 in motor neurons isolated from mouse embryos, they found the neurons were unable to extend and grow new dendrites as robustly as normal neurons in response to stimuli. They also showed that SS18L1 appears to physically interact with another protein known to be involved in cases of familial, or inherited, ALS.

Although the results are intriguing, the researchers caution that more work is necessary to conclusively prove whether and how mutations in SS18L1 contribute to sporadic cases of ALS. But now they have an idea of where to look in other patients, without requiring the existence of patient and parent trios. They are planning to sequence SS18L1 and other candidates in an additional few thousand sporadic ALS cases.

"This is the first systematic analysis of ALS triads for the presence of de novo mutations," Chesi said. "Now we have a list of candidate genes we can pursue. We haven't proven that these mutations cause ALS, but we've shown, at least in the context of SS18L1, that the mutation carried by some patients is damaging to the protein and affects the ability of mouse motor neurons to form dendrites."

Source: http://feeds.sciencedaily.com/~r/sciencedaily/health_medicine/genes/~3/oJUAdu-WC-s/130527100632.htm

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South Africa: Soweto resident shows off her snakes

JOHANNESBURG (AP) ? Tourists have long flocked to the home-turned-museum of former President Nelson Mandela on Vilakazi Street, a lively strip of restaurants, curio sellers and street performers in the South African township of Soweto. Now the area has a growing attraction: big snakes, and lots of them.

Resident Lindiwe Mngomezulu allows curiosity-seekers to get a close-up look at the non-venomous snakes she keeps in her home, and she drapes them over tourists' shoulders for a small fee. She and her 19-year-old daughter, Nolwandle Duma, started raising snakes three years ago after going to see a snake show and coming away impressed.

Mngomezulu, 55, has two albino pythons, a Burmese python, a boa constrictor, an anaconda and a corn snake. It costs about $30 a week to feed them. She and Duma also own a bearded dragon lizard and two spiders.

They show off their snakes in their Vilakazi Street home, where tourists and local schoolchildren have become regulars. Mngomezulu said many have since overcome their fear of reptiles, which she described as harmless if handled with care. She urged people not to think of snakes as a menace.

"People are killing snakes every day," Mngomezulu said. "That's not right."

Her smallest snake, the corn snake, measures 1.2 meters (3.9 feet). The Burmese python is 3 meters (9.8 feet) long and, at 30 kilograms (66 pounds), is her heaviest snake.

Mngomezulu said her goal is to expand her snake show beyond Soweto. She is awaiting a permit that would allow her to take her snakes to non-residential areas and hopes money raised can help her to buy more snakes and get formal training from a recognized association. She is registered with the West Rand Herpetological Association, a local club for reptile lovers.

Andre Lourens, the association's chairman, said Mngomezulu's show has been instrumental in dispelling the false notion that all snakes are dangerous.

"They are no more dangerous than any dogs running down the streets, if you take into consideration the amount of dog bites here in South Africa or number of people hit by lightning," Lourens said.

Duma is saving money for university, where she plans to study zoology or psychology. She said she hopes her experience interacting with the reptiles and educating people about them could lead to a long-term career working with animals.

Source: http://news.yahoo.com/south-africa-soweto-resident-shows-off-her-snakes-173656244.html

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Monday, May 27, 2013

State Austerity Coming To An End - Business Insider

If you want to find "austerity" in the United States, the clearest place to look is at the state and local government level.

Here's a look at total employment (red line) vs. public sector employment (blue line) going back to 2007. The public sector has been a net drag on the economy virtually every month, even up until now.

FRED

Anyway, the NYT reports today on a key phenomenon happening around the country.

Contrary to the predictions of all the people predicting a muni-collapse, states are increasingly flush with cash, reporting budget surpluses. That even includes California! Now there's a fight on what to do with the cash, rather than a fight on what to cut.

Calculated Risk, of course, has some great thoughts on the matter, but the big one is that the state and local drag is mostly over.

This chart from Calculated Risk shows how state and local spending has been a net drag on the economy every quarter since the recession.

With states now deciding how to put that extra cash to work, those red lines should turn positive.

Source: http://www.businessinsider.com/state-austerity-coming-to-an-end-2013-5

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French police search for man who stabbed soldier

Police officers stand near the cordoned off spot where a French soldier was stabbed in the throat in the busy commercial district of La Defense, outside Paris, Saturday May 25, 2013, and France's president said authorities are investigating any possible links with the recent slaying of a British soldier.(AP Photo/Remy de la Mauviniere)

Police officers stand near the cordoned off spot where a French soldier was stabbed in the throat in the busy commercial district of La Defense, outside Paris, Saturday May 25, 2013, and France's president said authorities are investigating any possible links with the recent slaying of a British soldier.(AP Photo/Remy de la Mauviniere)

Police officers stand near the cordoned off spot where a French soldier was stabbed in the throat in the busy commercial district of La Defense, outside Paris, Saturday May 25, 2013, and France's president said authorities are investigating any possible links with the recent slaying of a British soldier.(AP Photo/Remy de la Mauviniere)

Police officers stand near the cordoned off spot where a French soldier was stabbed in the throat in the busy commercial district of La Defense, outside Paris, Saturday May 25, 2013, and France's president said authorities are investigating any possible links with the recent slaying of a British soldier.(AP Photo/Remy de la Mauviniere)

PARIS (AP) ? French anti-terrorism investigators were combing video surveillance tapes Sunday as they continued their manhunt for a suspect who stabbed a soldier in the throat in the commercial district of La Defense outside Paris.

The 23-year-old soldier, Cedric Cordier, was in uniform patrolling the busy underground corridors where shops and crowded public transport lines converge beneath the famous Arch of La Defense.

Saturday's stabbing came days after a British soldier was hacked to death on a London street in broad daylight in a suspected terrorist attack that has raised fears of potential copycat strikes. However, there was no immediate confirmation of any link between the two attacks.

French police have surveillance video of a suspect taken before and after the attack. There are several security cameras operated by public transport agency RATP and others placed throughout the underground shopping center, according to one police official who spoke on condition of anonymity because he wasn't authorized to discuss terrorism investigations.

The official, who has not seen the videos himself, said investigators describe the suspect as tall. He couldn't provide any other description of the suspect. Police are going over videos to try to identify the suspect, trace his escape route and determine whether he was acting alone, the official said.

Cordier remained hospitalized Sunday, but officials said his throat wound wasn't life-threatening.

The French soldier was on a group patrol as part of a national protection program when he was attacked from behind.

Defense Minister Jean-Yves Le Drian, who visited Cordier at the hospital Saturday evening, said he had been targeted because he was a soldier. Anti-terrorism investigators are leading the hunt for the attacker, but officials have yet to determine whether terrorism is involved, the police official said. Police also questioned witnesses to the attack.

Speaking shortly after the attack while on an official visit to Ethiopia, President Francois Hollande said that while "all hypotheses" will be investigated, there didn't appear to be a link with Wednesday's deadly attack in London.

French security forces have been on heightened alert since their country launched a military intervention in the African nation of Mali in January to regain territory seized by Islamic radicals. British Prime Minister David Cameron was in Paris meeting with Hollande when he first received word of the London attack.

Last year, three French paratroopers were killed by a man police described as a French-born Islamic extremist who then went on to strike a Jewish school in southern France, killing four more people.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2013-05-26-EU-France-Soldier-Stabbed/id-511c5236a29f445caf6e1b6f903c301c

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Spotted: 1st Evidence of Leopard Eating Chimp

Only rarely have people seen what happens when chimpanzees and leopards come into close quarters in the wilds of Africa. On these occasions, chimpanzees have made loud, fearful calls, or played the aggressor: In one case, chimps even surrounded a leopard den and killed a cub.

But the big-brained primates don't always win: For the first time, scientists have found evidence of a leopard eating a chimpanzee.

In Tanzania's Mahale Mountains National Park, researchers spent 41 days collecting African leopard scat from June to August 2012 (summer internship, anyone?). In one of the cat's "offerings," scientists found several chimpanzee patella and phalanges, corresponding to kneecaps and toe bones, respectively. DNA analysis showed that the bones came from an adult female chimp.

The researchers can't be entirely certain that the leopard hunted down the chimp, because the cats occasionally eat dead animals; in other words, it's possible the chimp keeled over and then became leopard chow. However, the finding has led scientists to re-examine three mysterious wounds incurred by three different chimps in Mahale over the last few years. The wounds were deeper than thought to be possible from fights with other chimps, which is what scientists previously thought had happened.

A 2009 study suggested that chimpanzees face only negligible pressure from predators. If it's indeed true that the leopard ate a live chimp, scientists may need to rethink this view and further examine how predation from leopards, or other animals, might have driven the chimpanzee's evolution, the researchers said. One study from 1993 found evidence of lions eating four chimpanzees, also in Mahale Mountains National Park. The park is one of the few places with ongoing research where the range of leopards and chimpanzees overlap, which helps explain why this was witnessed there.

The new research was published online May 21 in the Journal of Human Evolution.

Email?Douglas Main?or follow him on?Twitter?or?Google+. Follow us @livescience, ?Facebook?or?Google+. Original article on LiveScience.com.

Copyright 2013 LiveScience, a TechMediaNetwork company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://news.yahoo.com/spotted-1st-evidence-leopard-eating-chimp-132531860.html

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Jay Z NFL Investigation: Did Rapper Violate League Rules?

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Sunday, May 26, 2013

Sexual assault is a 'scourge' on U.S. military: Hagel

(Reuters) - Defense Secretary Chuck Hagel called sexual assault a "scourge" on Saturday as he addressed graduates of the U.S. Military Academy at West Point, where a sergeant stands accused of videotaping female cadets in the showers.

"Sexual harassment and sexual assault in the military are a profound betrayal - a profound betrayal - of sacred oaths and sacred trusts," Hagel said. "This scourge must be stamped out."

His comments came a day after President Barack Obama delivered a similar message to graduates at the U.S. Naval Academy, saying sexual assault threatened to erode trust and discipline in America's armed forces.

The Pentagon is reeling from a series of sex-related scandals in recent weeks, including cases in which military advocates for victims of sexual assault were themselves accused of sex crimes.

A study released by the Defense Department two weeks ago estimated that reports of unwanted sexual contact in the military, from groping to rape, rose 37 percent in 2012, to about 26,000 cases from 19,000 the previous year.

At West Point in New York state, Sergeant First Class Michael McClendon was charged last week with four counts, including indecent acts, dereliction of duty and cruelty, the Army said.

McClendon had served as a tactical non-commissioned officer at the academy since 2009, a job that put him in charge of mentoring and training a company of about 121 cadets.

The incidents have embarrassed the U.S. military and prompted members of Congress to introduce legislation designed to toughen up the Pentagon's handling of sex crimes.

Hagel, in his address, noted that budget cuts were impacting military readiness and morale. But he cited sexual assault and sexual harassment among other, growing threats to America's all-volunteer force.

"You will need to not just deal with these debilitating, insidious and destructive forces but rather you must be the generation of leaders that stop it," he said.

(Reporting by Phil Stewart in Washington; Editing by Eric Beech)

Source: http://news.yahoo.com/sexual-assault-scourge-u-military-hagel-says-143233662.html

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Campaigner against gay marriage in France kills himself in Notre Dame

The protests against the legalization of same-sex marriage in France has been surprisingly passionate and may have included yesterday's suicide in the symbolic heart of French Catholicism.

By Sara Miller Llana,?Staff writer / May 22, 2013

Tourists take pictures as police officers stand guard in front of Notre Dame Cathedral, in Paris, Tuesday. Notre Dame has been evacuated after a man committed suicide in the 850-year-old monument and tourist attraction.

Thibault Camus/AP

Enlarge

When French President Fran?ois Hollande set out to legalize gay marriage, he faced an unexpectedly virulent outcry. Protests, including one that was the largest of its kind in 30 years, drew religious leaders, conservatives fighting for the preservation of family values, and those simply looking for a way to express their discontent with the president.?

Skip to next paragraph Sara Miller Llana

Europe Bureau Chief

Sara Miller Llana?moved to Paris in April 2013 to become the Monitor's Europe Bureau?Chief. Previously she was the?paper's?Latin America Bureau Chief, based in Mexico City, from 2006 to 2013.

Recent posts

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There were attacks at gay bars and clashes between protesters and police. One image, of a man who?d been beaten up while walking with his partner on the streets of Paris, went viral when it was posted on Facebook as the ?Face of Homophobia.??

Now that gay marriage has become law ? President Hollande signed the act last weekend and the nation?s first gay marriage is expected to take place later this month ? has the violent debate reached new levels of drama??

On Tuesday?afternoon, just days ahead of major protests against gay marriage scheduled for?May 26, a far-right French historian walked into Paris?s famed Notre Dame Cathedral, reportedly walked up to the altar, and turned a gun on himself. He pulled the trigger in front of approximately 1,500 tourists.?

It is unclear what exactly his motive was. He is said to have left a letter at the scene that has not yet been made public. But the words and statements that have emerged since yesterday?s event point to a planned and public condemnation of gay marriage, immigration, and other topics considered by the far right as a threat to French society.

On his personal blog the historian, Dominique Venner, condemned the ?vile? gay marriage law, in a piece dated May 21, the day of his suicide. He called on protesters planning to amass on?May 26?not to limit their discontent to just the law but against the ?peril? of immigration to France from North Africa.

In what may have been a reference to his impending suicide, he wrote:?"There will certainly need to be new, spectacular, symbolic gestures to shake off the sleepiness ... and re-awaken the memories of our origins."?

Hours after the suicide, a message apparently written by Mr. Venner was read by a friend on a conservative radio station: "I believe it is necessary to sacrifice myself to break with the lethargy that is overwhelming us," the friend read on the air. "I am killing myself to awaken slumbering consciences."?

France?s far-right leader Marine Le Pen, who has risen in polls, wrote in a tweet?Tuesday?of her respect for Venner, calling his suicide "eminently political."?

Notre Dame ? the symbol of French Catholicism ? was quickly evacuated. The cathedral this year marks 850 years since construction began ? but commemorative events celebrating the anniversary will likely be overshadowed, in history, by Venner?s action.

France?s Interior Minister Manuel Valls told reporters: "Notre Dame is the cathedral of Paris, one of the capital's ??and the country's ??most beautiful monuments, so we realize how symbolic this event truly is."

Source: http://rss.csmonitor.com/~r/csmonitor/globalnews/~3/VzxfhuU6mg4/Campaigner-against-gay-marriage-in-France-kills-himself-in-Notre-Dame

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Saturday, May 25, 2013

The White House Says You Can Use the Metric System If You Want To

When we saw a 'We the People' petition to the White House to make the US move to the metric system, we listed very sensible reasons why the US should listen: The imperial system is archaic, irrelevant, doesn't scale easily and to be honest, there are just too many damn units to keep track of. Well, the White House listened and is going to do... nothing. In their response to the petition, they basically said use the metric system if you want to.

Read more...

    


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/8lq2Cnp5SX8/the-white-house-says-you-can-use-the-metric-system-if-y-509827217

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Dead Pa. baby's dad believes in 'divine healing'

FILE - This undated file photo combination provided by the Philadelphia Police Department shows Herbert and Catherine Schaible. At a bail hearing Friday, May 24, 2013, a Philadelphia judge ordered the couple, who believe in faith healing over medicine, be held without bail on third-degree murder charges in the April death of their 8-month-old son, Brandon. They previously had been convicted of involuntary manslaughter after another child, 2-year-old Kent, died in 2009. (AP Photo/Philadelphia Police Department, File)

FILE - This undated file photo combination provided by the Philadelphia Police Department shows Herbert and Catherine Schaible. At a bail hearing Friday, May 24, 2013, a Philadelphia judge ordered the couple, who believe in faith healing over medicine, be held without bail on third-degree murder charges in the April death of their 8-month-old son, Brandon. They previously had been convicted of involuntary manslaughter after another child, 2-year-old Kent, died in 2009. (AP Photo/Philadelphia Police Department, File)

Catherine, left, and Herbert Schaible arrive to turn themselves in at police headquarters in Philadelphia on Wednesday, May 22, 2013. The couple who believe in faith healing over medicine and who were on probation in their son's pneumonia death were charged with murder Wednesday after a second young child died under what a prosecutor called "eerily similar" circumstances. (AP Photo/Philadelphia Daily News, David Maialetti) THE EVENING BULLETIN OUT, TV OUT; MAGS OUT; NO SALES

(AP) ? After their 2-year-old son died of untreated pneumonia in 2009, faith-healing advocates Herbert and Catherine Schaible promised a judge they would not let another sick child go without medical care.

But now they've lost an 8-month-old to what a prosecutor called "eerily similar" circumstances. And instead of another involuntary manslaughter charge, they're now charged with third-degree murder.

"We believe in divine healing, that Jesus shed blood for our healing and that he died on the cross to break the devil's power," Herbert Schaible, 44, told Philadelphia homicide detectives after their ninth child, Brandon, died in April. Medicine, he said, "is against our religious beliefs."

The Schaibles were ordered held without bail Friday, two days after their arrest, although defense lawyers argued that they are neither a flight risk nor a danger to the community.

"He is incarcerated because of his faith," said lawyer Bobby Hoof, who described client Herbert Schaible's mindset as resolute.

"He's strong willed," Hoof said. "(Yet) he's mourning this son. He's hurting as any dad would."

The only people theoretically at risk are the couple's seven surviving children, who are now in foster care, the lawyers said.

A judge acknowledged that the couple had never missed a court date in the first case but said he worried that might change amid the more serious charges. And he feared they may have supporters who would harbor them.

"Throughout this country ... there are churches like the Schaibles' whose members and leaders probably don't think they did anything wrong and might be willing ? to paraphrase the Schaibles' pastor ? to put their interpretation of God's will above the law," Common Pleas Judge Benjamin Lerner said.

About a dozen children die each year in the U.S. when parents turn to faith healing instead of medicine, typically from highly treatable problems, said Shawn Francis Peters, a University of Wisconsin lecturer who has studied faith-healing deaths.

In Oregon, four couples from a faith-healing church have been prosecuted, the most recent in 2011 when a couple was sentenced to more than six years in prison for manslaughter in the death of their newborn son.

The state legislature that year removed faith healing as a defense to murder charges. Members of the Followers of Christ have consistently refused to speak with journalists.

Defense lawyer Mark Cogan declined to comment Friday on whether the legal actions have changed the practice of any church members. Some testified at the 2011 trial that they do get medical care.

At the Schaibles' sentencing in February 2011 in their son Kent's death, they agreed to follow terms of the 10-year probation, which included an order to get their children regular checkups and sick visits as needed. Catherine Schaible, 43, let her husband speak for her and never addressed the judge.

"It's very clear that the law says that religious freedom is trumped by the safety of a child," Common Pleas Judge Carolyn Engel Temin explained.

But a transcript of a later probation hearing that year shows probation officers were confused by their mandate to oversee the required medical care and felt powerless to carry it out. The family was not being monitored by child-welfare workers, who are more accustomed to dealing with medical compliance.

"I think that we all on the jury thought that it would not happen again, that whatever social and legal institutions needed to be involved in their situation would just take over ... and that the mandated visits would be robust enough that they would not be able to do this again," Vincent Bertolini, a former college professor who served as jury foreman at the Schaibles' first trial, said Friday.

That jury convicted the couple of involuntary manslaughter and child endangerment.

Like other cases Peters has studied, the Schaibles belong to a small, insular circle of believers. Both are third-generation members and former teachers at their fundamentalist Christian church, the First Century Gospel Church in northeast Philadelphia.

Their pastor, Nelson Clark, has said the Schaibles lost their sons because of a "spiritual lack" in their lives and insisted they would not seek medical care even if another child appeared near death. He did not return phone messages this month, but he told The Associated Press in 2011 that his church is not a cult, and he faulted officials for trying to force his members into "the flawed medical system," which he blamed for 100,000 deaths a year.

"These are people who have been brought up in these communities; their beliefs are reinforced every day," Peters said. "They're not trained intellectually to question these doctrines, where the rest of us might engage in critical inquiry, weighing the benefits of medicine versus the benefits of prayer."

A handful of families, including one in western Pennsylvania, have lost two children after attempts at faith healing, according to Peters, who wrote "When Prayer Fails: Faith Healing, Children and the Law."

Peters isn't sure that courts have the means to prevent the problem, since such people don't fear legal punishment, only Judgment Day. Some believe death "is a good outcome," given their belief in the afterlife, he said.

"They don't want to harm their children. They're just in this particularly narrow ? and very, very dangerous ? way misguided about the potential of medical science," he said.

He believes that "empathetic" intervention, through dialogue between church and public health educators, could help some "get to a point where they allow their beliefs and practices to evolve."

But there's a risk that could backfire, and drive these communities further underground, he said.

For the Schaibles, a third-degree murder conviction could bring seven to 14 years in prison or more.

Said Assistant District Attorney Joanne Pescatore: "Somebody is dead now as a result of what they did ? or didn't do."

___

Associated Press writer Tim Fought in Portland, Ore., contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-05-24-Prayer%20Deaths-Children/id-20e28b33744e4c68a5612cd87b29d456

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Icahn seeks up to $7 billion for Dell bid

By Michelle Sierra

NEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal for Dell Inc, banking sources told Thomson Reuters LPC on Thursday.

Jefferies & Co is leading the deal.

Icahn and Southeastern are looking to lock in the financing before Dell shareholders meet in July to vote on a rival take-private offer from CEO Michael Dell and Silver Lake Partners. Icahn and Southeastern are seeking at least $5.2 billion and as much as $7 billion in lender commitments, sources said.

"They want the shareholders to know that they have an alternative," another source said.

Jefferies is understood to have committed $1.6 billion to the bridge loan.

The arranger is asking for commitments as large as $1 billion and is expected to have lenders lined up as early as next week.

Lenders committing to the deal are being offered a fee upfront of 3.5 percent, which is typical of these transactions. As an added sweetener, Icahn and Southeastern are also offering lenders an additional 7.5 percent of any incremental profit the two shareholders receive if Silver Lake prevails with an increased offer.

Pricing on the loan is guided at 350bp over Libor, though pricing could change as syndication efforts are only in the early stages, the same sources said.

Jefferies and Icahn declined to comment. Calls to Southeastern and Dell were not returned by press time.

In a May 9 letter to Dell's board, Icahn and Southeastern Asset Management, two of the company's largest shareholders, proposed an alternative to a buyout deal led by founder Michael Dell and private equity firm Silver Lake Partners. Under the Icahn proposal, shareholders could hold onto existing stock with the option of receiving either a distribution of $12 per share in cash or $12 per share in stock valued at $1.65 per share.

If Dell's shareholders accept the Icahn and Southeastern offer, the bridge loan will become permanent financing.

Michael Dell and Silver Lake Partners, who are looking to take the company private for $13.65 per share, or $24.4 billion, have already received $13.75 billion in debt commitments from a number of banks and Microsoft Corporation to back their offer. Bank of America Merrill Lynch, Barclays, Credit Suisse and RBC Capital Markets agreed to provide $11.75 billion in bank lines and Microsoft agreed to purchase up to $2 billion in subordinated notes.

Icahn and Southeastern, which together own about 13 percent of Dell stock, have argued that the Silver Lake offer undervalues the company.

Dell's shares rose 0.01 percent to $13.37 Thursday afternoon.

(Reporting by Michelle Sierra; Editing By Jon Methven)

Source: http://news.yahoo.com/icahn-seeks-7-billion-dell-bid-191551262.html

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Real Estate News: Short Sales Routinely Show In Credit Reports As ...

WASHINGTON ? Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a mutually agreeable resolution with their lender?

The answer appears to be yes, and recently two federal agencies ? the Federal Trade Commission and the Consumer Financial Protection Bureau ? were asked to investigate why. The reality is this: The credit reporting system now in place does not have a separate code that distinguishes a short sale from a foreclosure. Yet there are crucial differences between the two.

In a short sale, the bank approves the sale of the house to a new buyer at a mutually acceptable price. Any unpaid remaining loan balance not covered by the sale proceeds may then be either partially or fully forgiven. The bank is an active participant throughout the process, negotiating for a higher price and higher repayment of principal from the original borrower.

In a foreclosure, the bank is essentially left holding the bag. The owners walk away at some point or live in the property rent-free until they're evicted. Frequently there is damage to the house left by the departing owners, sometimes extensive. There is little or no cooperation between them and the bank.
Both transactions are serious, negative credit events for the borrower. After all, the mortgage wasn't fully repaid. But the financial losses generated by a foreclosure typically are more severe for the lender than by a short sale.

Not only are there extended periods of nonpayment by the borrower but there are also substantial property management expenses, renovation costs, local property taxes and insurance while the house is being readied for resale. In some parts of the country, the average time to complete a foreclosure has exceeded two years.

The nation's major sources of mortgage financing ? Fannie Mae, Freddie Mac and the Federal Housing Administration ? all recognize the differences between short sales and foreclosures in their underwriting policies regarding new mortgages. Fannie Mae generally won't approve a new mortgage application by borrowers with a foreclosure on their credit report for up to seven years, but will consider lending to people who were involved in short sales, and who otherwise qualify in terms of recent credit behavior and available down payment, in as little as two years.

But if short sales routinely show up in credit reports coded as foreclosures, borrowers who might be able to qualify for a new mortgage two or three years after a short sale find themselves shut out of the market. George Albright, who completed a short sale on his home in New Port Richey, Fla., in 2010, has been trying for months to get through the hoops for a Fannie Mae conventional mortgage.

According to his mortgage broker, Pam Marron, Albright has a solid 720 FICO credit score, 20% down payment cash and more than adequate monthly income and reserves for a new home. But he keeps getting rejected because his credit report indicates a foreclosure, not a short sale.

That's not unusual, Marron said, since there is no specific code to identify short sales. In a highly automated and strict underwriting environment, lenders go by the codes, according to Marron, harming creditworthy applicants like Albright.

"I did my time," Albright said. "I'm ready to move on," but because of the inadequacy of current credit reporting practices "I'm still paying more for rent than I'd be paying on a new mortgage."

After a Capitol Hill hearing May 7 on credit reporting issues, Sen. Bill Nelson (D-Fla.) sent requests to both the FTC and the CFPB to investigate what he called the "disturbing practice" of misidentifying short sales, and to "penalize responsible parties in the mortgage- and credit-reporting industries, if they don't fix this coding problem within 90 days."

Nelson said real estate industry data indicate that there have been 2.2 million short sales nationwide during the last several years. Consumers who opted for a short-sale route rather than a more costly foreclosure are now being blocked from "reentry into the housing market," he said, thereby "stifling economic recovery for all homeowners."

Officials of the main trade group for the credit reporting industry, the Consumer Data Industry Assn., were not available for comment on Nelson's short-sales complaint to the federal agencies.

kenharney@earthlink.net.
Distributed by Washington Post Writers Group.

Source: http://realtyramblings.blogspot.com/2013/05/short-sales-routinely-show-in-credit.html

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OKC mayor: 12,000 homes damaged in storm

(CNN) -

The lone, tattered page from a decimated children's book sat quietly amid the rest of the rubble. But the words spoke volumes about the pain and nostalgia in the city of Moore:

"I remember my old house,

Its rooms so bright and wide.

Its halls will echo for all time,

With the laughter heard inside."

Mark Toney found the battered page while volunteering with LifeChurch.TV.

"It more than likely came from a house that had been demolished," said fellow volunteer Jared Bowie, who was with Toney at the time. "Then I thought about how many houses were full of laughter and memories."

At least 12,000 homes were damaged or demolished from Monday's abysmal tornado, Oklahoma City Mayor Mick Cornett said. The twister killed 24 people, including 10 children, and injured 353 in central Oklahoma.

With everyone missing now accounted for, the daunting road to recovery is underway.

Throngs of volunteers have come to Moore to help. Each has a poignant tale about the breadth of the human condition.

Juan Olivo started searching for survivors as soon as the storm passed. He documented the search on video.

"Is there anybody here?!" he bellowed as he walked past heaps of debris.

In the distance, deep under a mound of shredded lumber, a man's voice replied: "Here!"

Olivo and other volunteers raced to the wreckage.

"We're gonna get you out!" Olivo told the man.

He later told CNN's iReport he was stunned at the discovery.

"The odds of me filming and capturing this man cry out for help is one (in a) million, and I'm happy he is alive," Olivo said.

Demands for storm shelters

Of the 10 children killed by the tornado, seven were inside Plaza Towers Elementary School. The twister crushed the school and reduced it to pieces.

Kyle Davis, 8, was one of the victims.

"I am angry to an extent. I know the schools did what they thought they could do but with us living in Oklahoma, tornado shelters should be in every school," Kyle's mother, Mikki Dixon Davis, told CNN's Kyung Lah.

Her daughter, who was also at Plaza Towers when the storm struck, survived.

"There should be a place that if this ever happened again during school that kids can get to a safe place," Davis said. "That we don't have to sit there and go through rubble ... and may not ever find what we're looking for."

Moore Mayor Glenn Lewis said he would push for a law requiring storm shelters or safe rooms in new homes.

"What we will do is get the stakeholders here in the city ... and we'll discuss what we think we need to have," Lewis said.

Source: http://www.kjct8.com/news/oklahoma-tornado/-/163152/20267620/-/12sa5iiz/-/index.html

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25 000 guests at Jerusalem wedding

IOL orthodox wedding

REUTERS

Some 25,000 people gathered to celebrate the wedding of Shalom Rokeach, the grandson of the Chief Rabbi of Belz, Yissachar Dov Rokeach, and his bride, Hannah Batya Penet, in Jerusalem.

Jerusalem - There was standing room only in Jerusalem on Monday night as the heir to one of the most important Jewish ultra-orthodox families was married.

Shalom Rokeach, 18, and his 19-year-old bride Hannah Batya Penet, wed in front of 25 000 guests, some of whom needed binoculars to see the ceremony.

Rokeach is the grandson of the leader of the Hasidic Belz Rebbe dynasty - an aristocratic family that has its roots in 14th-century Poland. He is also the only male heir, and he is one day expected to head one of the largest dynasties in Judaism.

The huge ceremony lasted until dawn, with police forced to close roads in the area. The wedding was also an opportunity for members of the Belz Rebbe from across the globe to meet and socialise, with many travelling from America and Europe.

The bride, wearing a diamond encrusted traditional white dress, was escorted to meet her groom by female relatives, and remained veiled throughout the ceremony, As in many areas of Orthodox Jewish society, the male and female guests were separated.

Traditional Jewish weddings consist of two separate parts, the betrothal ceremony, known as kiddushin, and the wedding itself, known as nisuin. In between the two parts, the groom and his bride spend an hour in each other's company.

IOL orthdox wedding 2

Ultra-Orthodox Jewish bride Hannah Batya Penet dances with her relative during the wedding ceremony in Jerusalem.

REUTERS

The males wear formal clothing, including the Shtreimel hat and black overcoats called bekishes, which are worn on a daily basis by the fiercely traditional Belz Rebbe. Women often cover their heads and wear high necklines and long skirts to conform to tznius - a code of ultra-orthodox modesty.

The community derives its name from the town of Belz in Poland. It was home to 3,600 Jewish people before the outbreak of the Second World War. The Belz Rebbe community is now thought to consist of more than 7,000 families. - The Independent

Source: http://www.iol.co.za/25-000-guests-at-jerusalem-wedding-1.1520616

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Friday, May 24, 2013

Arias jury deadlocked over death penalty

Arias jury deadlocked over whether to give life in prison or the death penalty. Jodi Arias was convicted of murdering her one-time boyfriend. The Arizona judge told the deadlocked jury to keep deliberating.

By Brian Skoloff and Josh Hoffner,?Associated Press / May 22, 2013

Judge Sherry Stephens looks at a question from the jury with prosecutor Juan Martinez, left, and defense attorneys Jennifer Wilmott and Kirk Nurmi, right, on Wednesday, May 22, 2013 during the penalty phase of the Jodi Arias murder trial at in Phoenix.

(AP Photo/The Arizona Republic, Rob Schumacher, Pool)

Enlarge

Jurors in the Jodi Arias murder trial told the judge Wednesday they were unable to reach a unanimous verdict on whether the convicted murderer should be sentenced to life in prison or death for killing her one-time boyfriend, prompting the judge to instruct them to continue deliberations and try to work through their differences.

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The jury reported its impasse after only about two and a half hours of deliberations that began Tuesday afternoon.

"I do not wish or intend to force a verdict," Judge Sherry Stephens told the jurors before sending them back to continue discussions. She instructed them to try to identify areas of agreement and disagreement as they work toward a decision.

Under Arizona law, a hung jury in the death penalty phase of a trial requires a new jury to be seated to decide the punishment. If the second jury cannot reach a unanimous decision, the judge would then sentence Arias to spend her entire life in prison or be eligible for release after 25 years.

Earlier Wednesday, jurors were summoned to the courtroom for a clarification of their instructions.

Stephens had already explained that the jury's decision, either life or death, would be final and wasn't just a recommendation. But she failed to clarify that a life sentence could mean Arias would be eligible for release after 25 years or spend her remaining days behind bars, and that that decision would be up to the judge.

About an hour later, the jury informed the court it was unable to reach a decision.

If jurors ultimately cannot agree on a sentence, the case could drag on for several more months, said former Maricopa County Attorney Rick Romley.

"If that happens, this jury would be dismissed and a second jury would be impaneled, and you'd literally have to go through the whole case again," Romley said, adding the guilt finding would stand and the new panel would be considering only the sentence.

However, the new jury would have to review evidence and hear opening statements, closing arguments and witness testimony in a "Cliffs Notes" version of the trial, Romley said. There are no limitations in the law to restrict just how long attorneys have to present their cases again before the panel attempts to reach a decision, he said.

Romley also noted that if the current jury deadlocks, the prosecutor could decide to take the death penalty off the table. If that happens, the judge would determine whether Arias spends her entire life in prison or is eligible for release after 25 years.

The judge cannot sentence Arias to death.

The panel heard emotional comments last week from Travis Alexander's family as the prosecutor argued the 32-year-old Arias should be executed for his gruesome killing.

Arias responded Tuesday by pleading for mercy, saying she can become a model prisoner who teaches inmates how to read and speak Spanish, and helps the prison launch recycling programs. She also wants to be an advocate for domestic violence victims.

The same jury of eight men and four women convicted Arias of first-degree murder two weeks ago. Arias stabbed and slashed Alexander about 30 times, shot him in the forehead and slit his throat in what authorities said was a jealous rage. Arias claimed it was self-defense.

She spoke to The Associated Press and other media outlets in jailhouse interviews Tuesday night just hours after the jury began deliberations. She talked out about her murder trial, her many fights with her legal team and her belief that she "deserves a second chance at freedom someday."

Arias said her lawyers let her down by not calling more witnesses who could have bolstered her claims that she was a victim of domestic violence at Alexander's hands.

Following her conviction last week, Arias told a local TV station that she preferred the death penalty. However, she said Tuesday night that she changed her mind after a tearful meeting with family members, realizing her death would only cause them more pain.

"I felt like by asking for death, it's like asking for assisted suicide, and I didn't want to do that to my family," she told the AP.

Copyright 2013 The Associated Press.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/O1qdPb_CD4M/Arias-jury-deadlocked-over-death-penalty

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'Voice' singer: Adam, Usher swayed opinions

TV

11 hours ago

"Voice" coaches Adam Levine, Shakira and Usher trade words over Kris Thomas' performance.

Trae Patton/NBC

"Voice" coaches Adam Levine, Shakira and Usher trade words over Kris Thomas' performance.

Team Shakira?s Kris Thomas was the unintentional center of attention during Monday night?s episode of "The Voice," when his coach delivered a spirited defense of his performance that left Adam Levine and Usher hiding behind their chairs.

Yet after he was dismissed from the NBC singing competition on Tuesday, Thomas wondered if Levine and Usher?s comments about his rendition of Miguel?s ?Adorn? -- that Thomas seemed to be thinking about it too much -- might have influenced America?s opinion.

?I saw (the coaches? disagreement) and I was kind of a little bit in disbelief like ?Is this really happening??? Thomas told TODAY.com. ?But I'm so glad that Shakira backed (Adam and Usher) off of me like that.

?I kind of feel like those were strategic critiques,? he continued. ?They were trying to sway people's opinions. It's a game, and they played it.?

Regardless of the end result, Thomas said that he ?wouldn?t change a thing? about his "Voice"tenure, including the performance that sent him home.

?It was a risky song choice. It's a current song that's big in R&B, but I don't know about overall, and we did completely remix it,? he explained. ?Honestly, I'm glad we did it because it stood out and it got people talking and it got people's attention. It is what it is, but I'm proud of it.?

Also leaving ?The Voice? on Tuesday was Team Usher?s Josiah Hawley, whose rendition of Coldplay?s ?Clocks? likewise met with mixed reviews.

?I did my best,? he told TODAY.com after the show. ?I feel like it was a good song (and) I feel like I did a good job.?

Once chastised by his coach for not taking the competition seriously enough, Hawley said he?s learned the value of hard work from the show. ?I'm taking away just how hard you have to work to get to the level you want to be at,? he reflected. ?That's an amazing thing to know and to realize, and Usher's a great example of that. He puts amazing people around him, then he works really hard.?

He may possibly reunite with his coach in the future, telling us, ?Afterwards, Usher's like 'Hey, man. Let's keep in touch. We're gonna work,? and I'm like, 'Yeah, I'm down for that.??

The exits of Thomas and Hawley mean that each of ?The Voice?s? newest coaches are down to just one artist on each of their teams: Shakira has only Sasha Allen, and Usher?s hopes rest with Michelle Chamuel.

?Poor Michelle,? Hawley quipped, before assuring TODAY.com, ?She?ll be just fine.?

?The Voice? continues through the upcoming holiday, with the Top 8 performance show airing on Memorial Day Monday at 8 p.m.

Source: http://www.today.com/entertainment/ousted-voice-singer-adam-levine-usher-tried-sway-public-opinion-6C10021068

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Nissan recall for 841,000 vehicles over steering wheel problem

Nissan recall: Nissan issued a recall for the Cube and the Micra compact car, also known as the March, as a result of a steering wheel glitch.

By Yoko Kubota,?Reuters / May 23, 2013

Thai visitors inspect a face-lifted Nissan March subcompact, also called Nissan Micra, on the press day of the Bangkok Motor Show in Bangkok, Thailand in March 2013.

(AP Photo/Sakchai Lalit)

Enlarge

Nissan Motor Co Ltd says it will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch, Japan's No.2 automaker said on Thursday.

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Nissan is recalling certain models of the Micra compact car produced in Britain and Japan between 2002 and 2006, as well as the Cube, produced in Japan around the same period.

It is pulling back vehicles in Japan, Europe, Asia, Oceania, Africa, Latin America and the Middle East.

The bolt used in the steering wheel of these cars may not have been properly tightened and at worst the steering wheel may not function, Nissan said in a statement filed to the Japanese transport ministry.

No accidents, injuries or deaths have been reported, Nissan spokeswoman Noriko Yoneyama said.

Nissan will fix the glitch by either tightening the bolts or replacing the steering wheel with a new one.

The repair will take about 40 minutes, Yoneyama said. She declined to say how much the recall will cost Nissan.

Last month, Nissan announced a recall of more than 123,000 Altima sedans in the US to adjust the inflation of the spare tires, which could be over- or under-inflated.

About 123,308 Altimas from model year 2013 are affected by the recall, according to documents filed the U.S. National Highway Traffic Safety Administration.

Due to a production issue that has since been corrected, the spare tires in some of the recalled cars may have too much or not enough air in them, NHTSA said. In some cases, the over inflation may have been significant enough to hurt the tires' structural integrity, causing them to fail and increasing the risk of a crash, NHTSA said.

Nissan said there were no reports of accidents or injuries related to the issue.

(Editing by Daniel Magnowski)

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/b5GCpCl2594/Nissan-recall-for-841-000-vehicles-over-steering-wheel-problem

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Two DOE electric car loans, two different paths | The Center for ...

They are two cutting-edge electric car makers, headquartered in California and backed by powerhouses of politics and money. In 2009, each secured half-billion dollar loan commitments from President Obama?s Department of Energy to help transform their clean-energy cars from drawing boards to showrooms.

But this week, the fortunes of Tesla Motors and Fisker Automotive took sharply divergent turns.

On Wednesday, the Energy Department announced that Tesla repaid the balance of its $465 million government loan nine years early. Fisker, meantime, has ceased making cars as it weighs potential bankruptcy, confronts a $171 million loan balance with DOE and, last month, faced questions from the House Committee on Oversight & Government Reform.

In October 2011, The Center for Public Integrity and ABC News explored the Energy Department?s risky $1 billion bet on two companies lauded for their innovative design, but facing warnings from experts over the marketability of cars that, in some models, carry price tags hovering around six figures.

In announcing Tesla?s loan repayment this week, the department said the risks were worth taking, coming at a time the industry itself suffered a deep downturn. ?The lack of financing for the automotive industry was critical and potentially lethal,??Energy Secretary Ernest Moniz said in a statement. ?Providing these loans was a calculated risk ? but it was the right decision for the country.?

Yet for Fisker, whose loan was heralded by Vice President Joe Biden, the risks remain ripe. The company?s vision of developing a muscular Karma and more practical sedan faltered amid a series of setbacks from slow- moving government approvals to recalls and financial downturns involving suppliers.

DOE initially agreed to loan Fisker $529 million to help the company develop two lines of plug-in hybrids. Of that, $359 million would help the company re-open a shuttered former GM plant in Delaware, where Fisker would develop ?Project NINA? ? a mass-market hybrid sedan to be called the Atlantic. ?The company estimates it will build 75,000-100,000 of these highly efficient vehicles every year by 2014,? DOE announced in 2009.

The remaining money would help Fisker complete its luxury Karma.

"We understood a new chapter had to be written, a new chapter in which we strengthen American manufacturing by investing in innovation,? Biden said in 2009, citing Fisker?s loan.

Yet reality collided with those projections, and Fisker Automotive has not come close to meeting its goals.

The company began drawing down on the DOE loan in 2010, and by the middle of 2011, had collected $192 million in government money, records show. But then, as Fisker encountered production hiccups, the Energy Department cut off the money spigot. DOE has recouped $21 million of the $192 million it loaned Fisker, leaving the company $171 million in debt to the government as it weighs a potential bankruptcy.

Testifying before the Oversight and Reform Committee late last month, co-founder Henrik Fisker said the company had sold 2,000 Karmas worldwide. He cited a series of setbacks that, like a domino, helped topple production of the company?s fleet.

In 2011, Fisker said, regulatory approvals for the Karma in the United States ?took longer than anticipated.? Then, after the company began delivering the car to customers, two parts provided by outside suppliers had to be recalled. ?The recalls generated bad publicity, diverted management attention, impacted sales, and further delayed our production schedules,? Fisker said.

Then came a bigger blow: In October 2012, Fisker?s lithium ion battery manufacturer filed for bankruptcy protection. Fisker?s exclusive supplier ? another recipient of DOE funding ? stopped manufacturing batteries.

?Fisker Automotive had to cease production of the Karma,? Fisker said. ?We explored options for other battery suppliers, but due to large investment costs and long development cycles, we could not secure arrangements that would allow us to resume production immediately.

?This was a crippling factor in restarting production of the Karma.?

With Hurricane Sandy came more bad news. More than 330 Karmas, awaiting shipment at Port Newark in New Jersey, were ?damaged beyond repair during this unforeseen natural disaster. This constituted a major share of the company's inventory and resulted in a drastic loss in revenue,? Fisker said.

Fisker?s other car, the Atlantic, has yet to go into production.

Henrik Fisker stepped down as CEO in 2012, and resigned from the board in March. Yet he told the committee the company?s technology earned honors, and said Fisker Automotive ?still has the potential to build on these achievements? if it can secure financing.

?From the outset, Fisker Automotive aimed to be a new American car company, setting pioneering standards for low-emission technology and cutting-edge design,? he said. ?I sincerely hope that the company can find a way to move forward and repay its Department of Energy loans.?

Tesla, the other California electric car company backed by DOE money, repaid its loan this week.

Both companies received backing from heavyweights in business and politics. Fisker?s prime supporters included the California venture capital firm Kleiner Perkins Caufield & Byers, whose partners include former Vice President Al Gore. Tesla?s prime backers include venture capitalist and Obama fundraiser Steve Westly, and Google co-founders Larry Page and Sergey Brin.

While Fisker searches for a potential buyer to help salvage the company, Tesla has, of late, pointed to headlines: Its Model S was recently named Motor Trend Car of the Year. On its website, Tesla prices the sedan from $62,400-$87,400, depending on the model ? after a $7,500 federal tax credit. Its six-figure Roadster sports car, it said, is sold out in North America.

Tesla?s $465 million loan, the DOE said, enabled the company to open a shuttered plant in Fremont, California, ?and to produce battery packs, electric motors, and other powertrain components.?

In a brief interview Thursday, Diarmuid O?Connell, Tesla?s vice president of business development, said the company raised money to pay off the DOE loan this week.

Asked why the two electric car companies have forged disparate paths, he provided a concise answer.

?Fisker and Tesla have always been on different trajectories, our business models have always been different,? O?Connell said. ?What we are focusing now on is building market.?

For the Energy Department, the next focus could be Fisker ? and bankruptcy court, should the company take that route. On Thursday, energy officials did not respond to questions about what steps the department would take if Fisker files for bankruptcy, or how much the government anticipates recovering.

?

Source: http://www.publicintegrity.org/2013/05/23/12714/two-doe-electric-car-loans-two-different-paths

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Thursday, May 23, 2013

House panel moves to curb military sexual assaults

FILE - In this June 2, 2012 file photo, House Armed Services Committee member Rep. Niki Tsongas, D-Mass. speaks in Springfield, Mass. Determined to check the growing epidemic of sexual assaults in the armed forces, a House panel is poised to approve a series of revisions to longstanding military law. They include stripping commanding officers of their unilateral authority to change or dismiss a court-martial conviction and requiring that service members found guilty of sexual offenses be dismissed or dishonorably discharged. (AP Photo/Michael Dwyer, File)

FILE - In this June 2, 2012 file photo, House Armed Services Committee member Rep. Niki Tsongas, D-Mass. speaks in Springfield, Mass. Determined to check the growing epidemic of sexual assaults in the armed forces, a House panel is poised to approve a series of revisions to longstanding military law. They include stripping commanding officers of their unilateral authority to change or dismiss a court-martial conviction and requiring that service members found guilty of sexual offenses be dismissed or dishonorably discharged. (AP Photo/Michael Dwyer, File)

(AP) ? Lawmakers have approved legislation to stem the growing epidemic of sexual assaults in the military.

The bill approved by a House panel Wednesday authorizes changes to military law that would strip commanding officers of their authority to unilaterally change or dismiss court-martial convictions in major cases, such as rape and assault.

Republicans and Democrats backing the revisions believe they will lead to a cultural shift in the armed forces that encourages more victims to step forward.

The bill also would impose harsher penalties on service members found guilty of sexual offenses by requiring that they be dismissed or dishonorably discharged.

The chairman of the military personnel subcommittee, Congressman Joe Wilson of South Carolina, says the measures are significant and will lead to increased reports of sex-related crimes.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-05-22-Military%20Sexual%20Assault/id-92b90b3194aa49eb8f01ecffbf2660c4

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The Pay TV Industry Is Finally Getting Killed By ... - Business Insider

GigaOm

This table shows subscriber additions and losses over the last 12 months.

After years of premature declarations of the death of pay TV, it looks like it's actually starting to happen.

In the last twelve months pay TV ? cable, satellite, and fiber ? lost 80,000 subscribers, according to Leichtman Research Group, via Janko Roettgers at GigaOm. This is the first time the pay TV business lost subscribers like this.

Bruce Leichtman, head of Leichtman Research, attributes some of the losses to Internet video services.

"First-time ever annual industry-wide losses reflect a combination of a saturated market, an increased focus from providers on acquiring higher-value subscribers, and some consumers opting for a lower-cost mixture of over-the-air TV, Netflix and other over-the-top viewing options."

Roettgers says this is particularly noteworthy because Leichtman has been a cord-cutting skeptic.

While cable isn't going to suddenly drop dead, it sure looks like Netflix, Amazon, and broadcast TV are providing a solid alternative to paying ~$60 a month for cable television.

Source: http://www.businessinsider.com/the-pay-tv-industry-is-finally-getting-killed-by-the-internet-2013-5

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Oklahoma tornado was stronger than Hiroshima bomb: How?

When the conditions are exactly right ??and they were, for the tornado that devastated Oklahoma City yesterday ??a tornado can unleash more power than the nuclear bomb dropped on Hiroshima.

By Seth Borenstein,?Associated Press / May 21, 2013

Left, a neighborhood in Moore, Okla., left in ruins on May 4, 1999, after a tornado flattened many houses and buildings in central Oklahoma. Right, flattened houses in Moore on May 20, 2013. Monday's powerful tornado in suburban Oklahoma City loosely followed the path of a killer twister that slammed the region in May 1999.

AP Photo

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Everything had to come together just perfectly to create the killer?tornado?in Moore, Okla.: wind speed, moisture in the air, temperature and timing. And when they did, the awesome energy released over that city dwarfed the power of the atomic bomb that leveled Hiroshima.

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On Tuesday, the National Weather Service gave it the top-of-the-scale rating of EF5 for wind speed and breadth, and severity of damage. Wind speeds were estimated at between 200 and 210 mph. The death count is 24 so far, including at least nine children. The United States averages about one EF5 a year, but this was the first in nearly two years.

To get such an uncommon storm to form is "a bit of a Goldilocks problem," said Pennsylvania State University meteorology professor Paul Markowski. "Everything has to be just right."

For example, there must be humidity for a?tornado?to form, but too much can cut the storm off. The same goes with the cold air in a downdraft: Too much can be a storm-killer.

But when the ideal conditions do occur, watch out. The power of nature beats out anything man can create.

"Everything was ready for explosive development yesterday," said Colorado State University meteorology professor Russ Schumacher, who was in Oklahoma launching airborne devices that measured the energy, moisture and wind speeds on Monday. "It all just unleashed on that one area."

Several meteorologists contacted by The Associated Press used real time measurements, some made by Schumacher, to calculate the energy released during the storm's 40-minute life span. Their estimates ranged from 8 times to more than 600 times the power of the Hiroshima bomb, with more experts at the high end. Their calculations were based on energy measured in the air and then multiplied over the size and duration of the storm.

An EF5?tornado?has the most violent winds on Earth, more powerful than a hurricane. The strongest winds ever measured were the 302 mph reading, measured by radar, during the EF5?tornado?that struck Moore on May 3, 1999, according to Jeff Masters, meteorology director at the Weather Underground.

Still, when it comes to weather events, scientists usually know more about and can better predict hurricanes, winter storms, heat waves and other big events.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/KEimBWN1xJo/Oklahoma-tornado-was-stronger-than-Hiroshima-bomb-How

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