Saturday, December 31, 2011

HistoryChannel: Ronald Reagan, a former actor and California governor, served as the 40th U.S. president from 1981 to 1989. More here: http://t.co/7mTkUVLl

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Ronald Reagan, a former actor and California governor, served as the 40th U.S. president from 1981 to 1989. More here: bit.ly/uXu9gO HistoryChannel

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Source: http://twitter.com/HistoryChannel/statuses/152886746961559552

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Friday, December 30, 2011

China urges tighter Internet security after hacking attacks (Reuters)

SHANGHAI (Reuters) ? The Chinese government is working with domestic Internet search engines like Baidu Inc and Sohu.com, and financial institutions to prevent phishing attacks on unsuspecting Chinese web users.

The Ministry of Public Security said on Friday it would work with 10 Chinese search engines to protect the website rankings of financial institutions to lessen the chances that Internet users will be duped by phishing websites.

A phishing attack occurs when the user is persuaded to part with his or her username and password via a fake webpage that closely resembles the original.

Through the collaboration, the official websites of several Chinese banks, such as Agricultural Bank of China and China Construction Bank will be ranked first in the search engine when a user searches for the related keywords, the Ministry said in an online circular on Friday.

The move comes as China urged tighter Internet security on Wednesday, after a spate of personal data leaks that alarmed the online community and prompted calls for tougher scrutiny of who has access to online information.

China claims the most Internet users in the world at 485 million, state media reported last month, and despite widespread censorship and monitoring online, many users have been up in arms about the reported data leaks and their implications.

The user IDs, passwords and e-mail addresses of more than 6 million accounts registered on CSDN -- a site for programmers -- were leaked, Xinhua New Agency reported last week, citing an anti-virus software provider which discovered the problem. The popular social-networking site Tianya was also hit.

The Global Times newspaper on Friday described the state of Internet security in China as "very dangerous," saying the leaks had "struck Chinese society's alarm bells."

The Ministry of Industry and Information Technology said on Wednesday that it would investigate the hacking incidents.

"The department believes the recent leak of user information is a serious infringement of the rights of Internet users and threatens Internet safety. The department strongly condemns such behavior," the ministry said in the statement.

China is widely suspected of being the origin of many hacking attacks on government and commercial websites abroad, but officials have repeatedly dismissed reports that the government or military could be behind such attacks.

China bans numerous overseas websites, including Facebook, Twitter and YouTube and some foreign media outlets, fearing the uncensored sharing of images and information could cause social instability and harm national security.

(Reporting By Sisi Tang in Hong Kong and Melanie Lee in Shanghai; Editing by Chris Lewis and Ron Popeski)

Source: http://us.rd.yahoo.com/dailynews/rss/tech/*http%3A//news.yahoo.com/s/nm/20111230/wr_nm/us_china_internet

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Fearing split, pastors urge GOP candidates to quit

(AP) ? Two politically active pastors in Iowa's robust evangelical conservative movement said Wednesday that an effort has been under way to persuade either Rick Santorum or Michele Bachmann to consider quitting the Republican presidential race and endorsing the other to avoid splintering this influential voting bloc's influence in the state's caucuses.

"Otherwise, like-minded people will be divided and water down their impact," said Rev. Cary Gordon, a Sioux City minister. He said he asked Santorum several weeks ago to consider exiting the race but has since endorsed the former Pennsylvania senator, who is rising in polls.

Rev. Albert Calloway, a retired pastor from Indianola, said he asked Bachmann, a Minnesota congresswoman, several days ago to consider quitting the race.

A group of voters that united behind former Arkansas Gov. Mike Huckabee's winning caucus campaign in 2008 fear that this year's caucuses could be won by former Massachusetts Gov. Mitt Romney or Rep. Ron Paul, R-Texas. Neither track as closely to the religious right as Santorum, Bachmann or Texas Gov. Rick Perry.

Santorum, long dismissed and short on campaign money, has diligently campaigned in Iowa for more than two years. A CNN poll of Iowa caucus-goers released Wednesday showed Santorum leaping into third place in Iowa, at 16 percentage points, behind Romney and Paul.

In recent weeks, Santorum has picked up the endorsements of key social conservatives, including former gubernatorial candidate Bob Vander Plaats, who led the successful effort last year to oust three Iowa Supreme Court judges who were part of the court's unanimous 2009 decision to allow gay marriage.

Bachmann too has rallied Iowa's influential conservative clergy. Many, like Jeff Mullen, pastor of one of the Des Moines area's mega churches, helped lead Bachmann's winning campaign for Iowa's Republican presidential straw poll last August. But since then, Bachmann has faded in polls, although Wednesday she planned to conclude an ambitious effort to campaign in all of Iowa's 99 counties.

The CNN poll showed Bachmann with support of 9 percent of likely GOP caucus-goers, up slightly from the last poll. Perry had 11 percent, also up slightly.

Bachmann told reporters on her campaign bus between stops in Iowa on Wednesday she wasn't quitting and planned to announce additional clergy who were supporting her candidacy.

"The pastors who have endorsed my campaign want to see me as the next president of the United States," Bachmann said.

Gordon, who helped lead the campaign against the judges, said the fear of a divided social conservative vote is widespread among the state's evangelical clergy. However, few have actually reached out to candidates, he said.

Brad Cranston, a pastor from Burlington, said he too is worried that social conservatives will split their vote and lose influence over the eventual GOP nominee, but he has not yet tried to contact any candidates.

"It's more and more obvious it needs to happen for either Bachmann or Santorum to move forward," said Cranston, who has endorsed Bachmann.

___

Associated Press writer Brian Bakst in Indianola, Iowa, contributed to this report.

Associated Press

Source: http://hosted2.ap.org/apdefault/89ae8247abe8493fae24405546e9a1aa/Article_2011-12-28-Iowa%20Caucuses-Pastors/id-90c7ff77422b4f958379d726fb86ae99

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Thursday, December 29, 2011

NHL roundup: Rangers blank Islanders in Big Apple clash

Published: Tuesday, Dec. 27, 2011 1:29 a.m. MST

NEW YORK ? Carl Hagelin scored twice for his second multigoal game in the NHL and Henrik Lundqvist stopped all 28 shots he faced as the New York Rangers beat the New York Islanders 3-0 on Monday night for their fifth straight victory.

Hagelin, in just his 16th career game, scored in the second and third periods for the surging Rangers (22-8-4). The Atlantic Division leaders who leapfrogged defending Stanley Cup champion Boston into first place in the Eastern Conference.

The Rangers finished a 3-0 homestand that included a pair of victories over the Islanders in a five-day span. New York's past four victories have been against division rivals.

Lundqvist improved to 23-11-5 against the Islanders with four shutouts. He has three shutouts overall this season and 38 in seven NHL seasons.

Marian Gaborik sealed the win with his league-leading 22nd goal ? an empty-netter with 2:28 left. Gaborik scored for the fifth straight game, netting seven in the span, and matched his goal total for all of last season.

BLACKHAWKS 4, BLUE JACKETS 1: At Chicago, Viktor Stalberg scored two goals and Corey Crawford made 37 saves as Chicago topped Columbus. Marian Hossa had a goal and an assist, and Patrick Sharp also connected for the Blackhawks, who are 9-1-1 in their last 11 games and lead the NHL with 50 points. Crawford lost a bid for his first shutout this season when Columbus defenseman James Wisniewski scored at 3:09 of the third period.

AVALANCHE 4, WILD 2: At St. Paul, Minn., Jan Hejda scored the go-ahead goal at 10:20 of the third period and Colorado snapped a nine-game road losing skid by beating Minnesota. The Avalanche won on the road for the first time since Oct. 22 and extended Minnesota's winless streak to seven games. Ryan O'Reilly, Gabriel Landeskog and TJ Galiardi also scored for Colorado.

CANUCKS 5, OILERS 3: At Vancouver, British Columbia, Andrew Ebbett scored twice to lead Vancouver over Edmonton. Daniel Sedin, Alex Burrows and Ryan Kesler also scored for Vancouver, which won for the 13th time in 17 games to move ahead of Minnesota for the Northwest division lead.

SABRES 4, CAPITALS 2: At Buffalo, N.Y., Brayden McNabb capped Buffalo's four-goal first period with his first NHL goal and the Sabres cruised past Washington. Jason Pominville, Matt Ellis and Christian Ehrhoff also scored in the first period for the Sabres, who snapped a three-game skid to improve to 4-6-2 in their last 12 games. Ryan Miller, making his sixth straight start, finished with 20 saves.

Source: http://www.deseretnews.com/article/700210334/NHL-roundup-Rangers-blank-Islanders-in-Big-Apple-clash.html?s_cid=rss-38

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After Their Very Business-Like Win Over the Rams on Christmas ...

Photo

I didn't get a chance to see a lot of Saturday's game between the Steelers and Rams because of work (I plan on watching a replay of it tonight), but when it was 13-0 in the 4th quarter, all I could think about was how crappy it must have been to be a Rams fan watching that game. Even the Rams fan from the NFL commercial who painted his face and wore that fright wig must of had a difficult time sitting through that game. Not only were the Rams 2-12 going into Saturday's contest, but there was little to nothing to cheer about during that game. Even a spectacular blow-out loss would have been preferable to the way the Steelers methodically did away with St. Louis on Christmas Eve.

Star-divide

It made me appreciate being a Steelers fan even more, because like Maryrose has said on numerous occasions, the Steelers haven't played a game when they were out of playoff contention since December 31st, 2006. When you think about that, it's pretty remarkable.

It's almost hard to imagine watching a game with nothing really to play for. Even one of those end-of-season games where your team has everything wrapped up and is just resting its key starters for the postseason is at least a little enjoyable to watch because of the playoffs being on the horizon.

Speaking of playoffs on the horizon, the Steelers still have a shot at the AFC North crown and a bye as we head to the finish line.

Heading into this past weekend's action, the Steelers needed losses by the Ravens and Texans in-order to gain the upper hand in both the AFC North and the race to the bye in the first round of the playoffs provided they took care of business against St. Louis. Unfortunately, like the Steelers, the Ravens and Texans were playing two teams that were out of contention a long time ago. Surprisingly, however, the Texans lost to the 1-13 Colts on Thursday night, and even though the Browns couldn't knock off the Ravens on Saturday, at least the Steelers inched a little closer to a possible bye.

If you ask me, the prospects for a bye are looking a lot better today.

The Steelers may not control all of their playoff destiny, but the Cincinnati Bengals certainly do after they defeated the Cardinals on Saturday and the Jets lost at "home" to the Giants.

Before this past weekend, the Bengals and Jets had identical 8-6 records, but the Jets held the tiebreaker over Cincy. Now, at 9-6, Cincinnati only needs to defeat Baltimore at home in-order to clinch the final playoff spot in the AFC.

We'll get to see who is a more desperate football team on Sunday: A Bengals team with their playoff lives on the line or a Ravens team with a chance to earn their first division title since 2006 and the bye that would accompany it. One might automatically assume that the Bengals would be the more desperate of the two, but the Ravens are only 3-4 on the road this year and would fall from the 2nd seed, a bye and at least one home playoff game all the way down to the 5th spot and road games throughout the postseason if they can't win their division. Also, Baltimore went 8-0 at home this year and may have the best homefield advantage in the AFC right now. Besides that, Ray Lewis and Company are a prideful bunch, and the last thing they'd want to see happen is the Steelers celebrating another AFC North crown after losing to the Ravens twice this year.

And I wouldn't put it past the Bengals to choke. The last time the Bengals were in this exact situation, it was that same day the Steelers played their last game out of playoff contention--December 31st, 2006--and Pittsburgh knocked off the Bengals in overtime, and Cincinnatie missed the playoffs.

If the Bengals were to win, it would only help the Steelers if they won their last game in Cleveland.

I'm not too worried about that part of the equation. I know a lot of Steelers fans are going to be concerned with the Browns wanting to cripple Pittsburgh's Super Bowl chances, but the fans were worried about the exact same thing last year when Pittsburgh had to travel to Cleveland for the final week with a division title and bye on the line. But the Browns must have been more interested in their offseason plans than sabotaging the Steelers season, because Pittsburgh made short work of the Brownies, 41-9.

I see the same thing happening this year. Maybe not a 41-9 win (still a question as to whether or not Ben Roethlisberger will play in the final week), but I don't see this veteran Super Bowl team letting the Browns stand in the way of them and a possible better playoff seed.

My brother informed me last night that the NFL moved the Steelers/Browns game to 4:15. I was hoping the Bengals/Ravens game was played at 1pm so Mike Tomlin could know his team's fate before the game and act accordingly, but he won't get that luxury since that game will also be played at 4:15.

In any event, I'd say the Steelers are still very much in the mix for a bye as we head to the regular season finale

Source: http://www.behindthesteelcurtain.com/2011/12/26/2661642/after-their-very-business-like-win-over-the-rams-on-christmas-even

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Wednesday, December 28, 2011

Investing for Retirement | | Famous JewsFamous Jews

Pension may be a long way off for you ? or it may be appropriate around the corner. No make any difference how close or far it is, you?ve absolutely got to start conserving for it now. Nonetheless, saving for retirement isn?t what it used to be using the increase in price of dwelling and the instability of social security. You have to make investments for the pension, as opposed to conserving for it!

Let?s start out by leading a look at the pension plan given by your manufacturer. After upon a time, these objectives have been quite sound. Nonetheless, soon after the Enron upset and all that followed, people aren?t as safe in their manufacturer retirement plan goal anymore. If you choose not to make investments in the manufacturer?s pension plan, you do have various options.

First, you can make investments in shares, bonds, common commercial loan, certificates of sow, and cash market accounts. Some folks choose to invest in funds that promote alternative energy. You do not need to declare to anybody that the results on these investments are to be used for retirement plan. Simply merely let the income grow overtime, and once certain investments travel their maturity, reinvest them and go on to let your money grow.

One can also open an Customized Pension Account (IRA). IRA?s are fairly fashionable due to the fact the cash is not taxed right up until you withdraw the commercial finance. You may additionally be capable to deduct the IRA contributions from the taxes that you owe. An IRA might be opened its gates at a lot banks. A ROTH IRA is a newer class of retirement plan consideration. With a Roth, you pay taxes as a money which you are spending in your consideration, but when you dosh out, no federal government taxes are owed. Roth IRA?s can additionally be opened at a financial institution.

Another well-liked class of pension account is the 401(k). 401(k?s) are generally offered through employers, but you may be able to open a 401(k) on the own. You could communicate using a financial planner or accountant to assist you with this. The Keogh strategy is an additional class of IRA which is suitable for individual employed folks. Self-employed small business owners may also be fascinated by Simplified Employee Pension Objectives (SEP). Doing so is an additional breed of Keogh program that individuals ordinarily locate less complicated to administer than a regular Keogh strategy.?The good point is which the objectives possess several various funds that it is possible to invest in, from know-how shares to stocks which promote alternative energy.

Whatever retirement plan expense you choose, merely make sure you choose one! Once more, do not depend on sociable security, company pension plans, or even an inheritance which may or may not happen in! Take care of your financial long term by spending in it today.

Source: http://www.famousjews.org/2011/12/26/investing-for-retirement/

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Tebow vs. Orton? 'Time will tell,' says Broncos coach John Fox

During his weekly briefing with the media this afternoon, Broncos coach John Fox was asked whether Denver or Kansas City will have the better quarterback Sunday at Sports Authority Field at Mile High.

Fans are sure to view this as a battle between quarterback Tim Tebow and former Broncos quarterback Kyle Orton.

Fox appeared ready for that question.

"I know we made that decision," Fox said of releasing Orton in mid-November and naming Tebow the starter. "As I would say about anything looking forward, time will tell.

"My interpretation of this week is the Denver Broncos vs. the Kansas City Chiefs. And I am sure it will be their approach as well."

Orton is 44-for-67 for 599 yards with one touchdown pass and

two interceptions in two starts with the Chiefs. That includes the victory over then-unbeaten Green Bay and Saturday's 16-13 overtime loss to Oakland.

Kansas City, 6-9, is hoping to finish a trying year on a positive note. The Chiefs lost three top players ? safety Eric Berry, running back Jamaal Charles and tight end Tony Moeaki ? in the first month of the season, and head coach Todd Haley was fired on Dec. 12.

The Broncos can clinch the AFC West title and a spot in the playoffs by beating the Chiefs. Otherwise, Denver must hope that San Diego wins at Oakland.

"In my mind (Sunday's game) is much like a playoff game already," Fox said.

?The Broncos coach said there were no updates on injuries to report, including that of safety Brian Dawkins (neck).

Tom Kensler: 303-954-1280 or tkensler@denverpost.com


The Denver Post's NFL reporters post analysis, notes and more on this blog dedicated to the Denver Broncos.

Source: http://www.denverpost.com/broncos/ci_19621444?source=rss

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Tuesday, December 27, 2011

ReadNow Provides a Native Mac Desktop Interface for Instapaper and ReadItLater [Mac Downloads]

ReadNow Provides a Native Mac Desktop Interface for Instapaper and ReadItLaterIf you love saving articles to Instapaper or ReadItLater but don't like using the web site to view them, ReadNow solves that problem by offering a native desktop experience on your Mac. It provides a familiar news reader-esque interface for browsing your saved articles and read them offline in a variety of styles. Additionally, ReadNow allows you to edit and tag anything you've saved, share it (with multiple services, such as email and Evernote), and check it off. You can alter display options as well, such as increasing or decreasing the font size for optimal reading.

ReadNow is really great if you're not fond of reading through articles in the browser, or if you've become accustomed to reading on your tablet and would like a similarly pleasant experience on your computer. If you want to give ReadNow a try, it is available right now in the Mac App Store for $4.

ReadNow ($4) | Mac App Store

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/cKAxJmeDyhA/readnow-provides-a-native-mac-desktop-interface-for-instapaper-and-readitlater

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London subway strike delays Boxing Day shoppers (AP)

LONDON ? London's subway drivers walked out over a pay dispute Monday, causing trouble for thousands of shoppers out to take advantage of traditional Boxing Day sales.

Transport for London warned that shoppers seeking bargains in the capital's shopping centers face "significant disruption." Several subway lines have been suspended, and limited services are operating on the rest of the network.

The ASLEF union is staging the one-day strike to demand extra pay as well as a day off for members working on the public holiday.

The London Underground ? the organization that manages the subway system ? condemned the move, saying it was pointless and demonstrated "a complete disregard for our customers." Authorities said extra buses are running in the main shopping areas to cater to the increased flow of travelers on one of the year's busiest shopping days.

Despite the disruptions, large crowds of shoppers ? some lining up from midnight ? started flooding department stores in London and other British cities as soon as doors opened early Monday.

Selfridges, one of Britain's most popular department stores, reported its biggest ever first hour of trading Monday morning.

In northwest London, the Brent Cross shopping center said that 10,000 people had piled through its doors within an hour of opening.

The ASLEF union plans to stage three more strikes in January and February if the dispute is not resolved.

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/ap/20111226/ap_on_re_eu/eu_britain_subway_strike

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Monday, December 26, 2011

NBA Forever Video: TNT Opens Basketball Season With Amazing Intro

Just before the 2011-12 NBA season tipped off at Madison Square Garden, TNT revealed one hell of a video introduction to opening day called "NBA Forever." With "Live Forever" by Drew Holcomb & The Neighbors playinh in the background, the mashup of modern and old-school players features Derrick Rose playing with Michael Jordan's Bulls, Dirk Nowitzki guarding Larry Bird and even LeBron James dunking on Julius Erving.

Personally, my favorite part is when the low-key Tim Duncan is chatting it up with Bill Walton, but there are plenty to choose from. Derrick Rose's fist bump with MJ. Magic Johnson dishing to Kobe. Wilt Chamberlin blocking Dwight Howard. Watch the video above and tell us what your favorite part was in the comment section!

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Source: http://www.huffingtonpost.com/2011/12/25/nba-forever-video-tnt-intro_n_1169457.html

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Ainovo's bargain Novo 7 ICS tablet ready to tickle US pockets?

Remember that curious $100, ICS-touting, Novo 7 tablet we saw back at the beginning of the month? Until now, the Ainovo (aka Ainol) branded device was a bit of a gambler's punt, with some Chinese sites charging a suspicion-arousing $60 shipping fee. Now, however, the odds are looking slightly better, with some US-centric retailers listing the 1GHz MIPS-based XBurst CPU slate as available for pre-order. With Gingerbread and Honeycomb versions still out there, you'll want to keep your eyes peeled and check exactly what you're getting. But, if you still really want some of the seven inch Android 4.0 budget-slab goodness (albeit for $19 more than initially thought), check the source links for more info.

Ainovo's bargain Novo 7 ICS tablet ready to tickle US pockets? originally appeared on Engadget on Fri, 23 Dec 2011 23:54:00 EDT. Please see our terms for use of feeds.

Permalink Android Community  |  sourcePandawill, Merimobiles  | Email this | Comments


Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/_bxWeTbMn1A/

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Sunday, December 25, 2011

Mayor, 4 chambers of commerce host holiday mixer Thursday night

Area chambers of commerce are holding a holiday mixer 5:30-7:30 p.m. Thursday at the Greater Bakersfield Chamber of Commerce, 1725 Eye St.

Mayor Harvey Hall is sponsoring the mixer, which is hosted by the Bakersfield chamber in partnership with the Kern County Hispanic Chamber of Commerce, the Kern County Black Chamber of Commerce and the North of the River Chamber of Commerce.

Members of any participating chamber can get in for $5. Those who aren't members can attend for $10.

No reservations are needed, the Bakersfield chamber said.

Source: http://northwest.bakersfieldnow.com/news/business/72835-mayor-4-chambers-commerce-host-holiday-mixer-thursday-night

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Romney: Touting business skills in White House bid (AP)

COUNCIL BLUFFS, Iowa ? Mitt Romney cruises down two-lane blacktops, past combines churning up clouds of dust harvesting corn, on his way to one more gathering, one more step on a long journey.

Four years ago, he thought these farm fields would lead to the White House. Iowa, instead, turned out to be the beginning of the end. Weeks after an embarrassing loss here, his campaign folded before the snow had even melted. Romney's now back, more casual but still cautious, making his sales pitch: In these hard times, America needs a leader who understands balance sheets and budgets.

"I love business," the candidate says with a grin, addressing a storefront gathering of the local chamber of commerce. "I want America NOT to be the most regulated, taxed and burdened place in the world but the most attractive...."

This is the image that Romney wants to project: The take-charge CEO, at ease discussing trade pacts, China's currency and ethanol subsidies. The turnaround artist who ran a state government, revived businesses that had lost their way and rescued an Olympics. The guy who, simply, understands money and knows how to create jobs.

But nearly two decades after his political debut, the Mitt Romney story is not that simple. As a man who has straddled the worlds of business and government, Romney has a long, sometimes puzzling record of changing positions that make it hard to pin down who he really is.

There's the self-described conservative who, as governor of liberal-leaning Massachusetts, pushed through a mandatory health insurance plan and thanked Ted Kennedy for his help.

There's the politician who has changed his views on abortion, guns and tax pledges.

There's the candidate who boasts of being a political outsider but has poured tens of millions of dollars of his vast personal wealth into four campaigns in 17 years ? planning for or running for president virtually nonstop since 2007.

It's a resume opponents ? on both sides of the aisle ? have pounced on. Former Utah Gov. Jon Huntsman calls his rival a "perfectly lubricated weather vane." David Plouffe, the president's campaign adviser, says if Romney "thought ... it was good to say the sky was green and the grass was blue, to win an election, he'd say it."

At a recent Michigan debate, Romney defended himself.

The moment came when one of the moderators noted that Romney ? son of an auto CEO and a one-time presidential candidate ? had criticized Washington for not helping the ailing auto industry four years ago. Then he opposed a government bailout, saying Detroit should go bankrupt. But when the automakers became profitable (after receiving federal aid and filing for bankruptcy), he said the president had embraced his plan.

How, the questioner wondered, was that consistent?

Romney answered by pivoting from autos to his personal history: He cited his 42-year marriage, 25-year tenure at one company and lifelong membership in the Mormon church.

"I think," he said evenly, "people understand that I'm a man of steadiness and constancy."

___

Mitt Romney, the person, can be almost as difficult to describe as Mitt Romney, the politician.

He's formal and reserved. Relaxed and funny. It just depends on who you ask.

"He's friendly, he's amiable but he's very hard to penetrate," says Charlie Baker, a lawyer, Democratic strategist and chief campaign adviser to Kennedy in his 1994 race against Romney. "You don't get a sense of who the real person is. You know he was a businessman. You know he's a good family guy. You don't get a sense of `What does he think of the Red Sox?'"

Friends, though, paint a warm picture of a devoted husband and father (he and his wife, Ann, have five sons and 16 grandchildren), an approachable guy who enjoys "American Idol," the Beatles, the movie, "O Brother, Where Art Thou?" ? and a good laugh.

Cindy Gillespie, who worked with Romney at the 2002 Winter Olympics and was a top gubernatorial aide, recalls that one time a trooper traveling with the governor short-sheeted his hotel bed as a prank. Romney, realizing what had happened, wrote a bogus letter to himself on hotel stationery pretending to be the manager, apologizing and saying the maid had been fired. When the trooper found out, he was stunned. Only then did Romney reveal it was a joke.

Romney has a caring side, too, Gillespie says. Though they hadn't known each other long when they started working together at the Olympics, he called her every day when her father lapsed into a coma after being hospitalized for heart surgery.

"It meant my new boss was somebody who was truly concerned about me," she says. "All the talk you normally hear in the business world that family matters ? it really did for him. ... Even in the middle of everything going on (with the Olympics) ... he took the time to listen."

Though friends and critics see Romney differently, both sides agree he learns from his mistakes. The uncertain Senate candidate became a more assured gubernatorial aspirant. The 2012 presidential contender is much smoother than the 2008 version.

At 64, Romney still looks like he could model for a Brooks Brothers catalog, though he's more J. Crew these days, wearing open-collar shirts and khakis. And other than touches of silver at the temples, he hasn't changed much since People magazine included him on its 50 Most Beautiful list in 2002.

With a reported wealth of between $190 million and $250 million, Romney has tried to connect with average voters, tweeting about the joys of flying Southwest Airlines and eating at Subway and Carl's Jr. ? comments quickly lampooned in the blogosphere.

And when Romney, who has a $12 million beachfront home in LaJolla, Calif., criticized the president and said the country needs a tax policy to help the middle class ? "the great 80 to 90 percent of us in this country" ? comic-satirist Jon Stewart struck. He quipped that Romney "wouldn't be middle class at an OPEC meeting."

As a candidate, Romney follows a script: He casts himself as a problem-solver, lacing speeches with statistics and business terms. He quotes Ronald Reagan and uses phrases such as "gosh" and "heck." He pledges U.S. dominance with an "American century."

On the trail, Romney can be wooden and seemed to acknowledge his oratorical limitations when asked at a recent town hall meeting in Sioux City to identify his (and the GOP's) biggest weakness:

"One of the things my party needs to do better, and I'm sure I need to do better as well ? something I learned from my first campaign ? is to make sure we communicate our message clearly," he said. "Gosh darn it. We don't do a good job of that." Then addressing himself, he added: "'Come on, Mitt. Come on Republicans. Do a better job of communicating our message.'"'

___

Willard "Mitt" Romney ? named after his father's friend, J. Willard Marriott, the hotel magnate ? grew up understanding the cross-pollination of politics and business.

His father, George Romney, was CEO of the now-defunct American Motors Corp. when Detroit was flourishing in the 1950s and early 1960s. He then served three terms as Michigan's governor. (His mother, Lenore, was an unsuccessful U.S. Senate candidate.)

As a young man, Mitt Romney saw close up how the campaign spotlight can be unforgiving, a single gaffe devastating. When the elder Romney was running for president in 1967, he faltered famously when he declared he'd originally supported the Vietnam War ? he became an opponent ? because of a "brainwashing" by the U.S military. He eventually dropped out.

Mitt Romney was raised in the affluent Detroit suburb of Bloomfield Hills and attended Cranbrook, a private boys' school where he was known as a jokester, a solid student and a determined, if not natural, athlete.

Eric Muirhead, then captain of the school's cross-country team, remembers when they were seniors and Romney, then new to the squad, was the final runner one day in a 2-mile race. Romney, he recalls, stumbled and kept getting back up, refusing to quit, eventually crossing the finish line as the crowd cheered.

"That was the single most impressive race I had ever witnessed," Muirhead says. "He's tough. He's a fighter. He kept getting stronger and stronger and stronger. He finished every race he ran that season."

Romney enrolled in Stanford, then served as a Mormon missionary in France, where he was involved in a car accident that killed one of his passengers. He was so severely injured that a police officer assumed he was dead. The other driver was at fault.

When he returned home, Romney attended Brigham Young University and married his high school sweetheart, Ann Davies, who converted to Mormonism. He once described himself as a "true-blue through-and-through" believer; in Massachusetts, he was a bishop and lay leader in the Mormon church, offering pastoral advice.

Four years ago, Romney worked to reassure voters, especially evangelicals suspicious of Mormonism, that he was a Bible-reading Christian. He also delivered a faith-and-values speech, saying he would "not confuse the particular teachings of my church with the obligations" of the presidency and would maintain a firm separation between them.

This time, Romney's focus has been the economy as he trumpets his business credentials and criticizes President Barack Obama. He's suggested the president is an elitist who gets foreign policy advice from the "Harvard faculty lounge" ? though Romney, himself, has joint law and business degrees from Harvard (and though Romney held a fundraiser this spring at New York's Harvard Club.)

After Harvard, Romney eventually joined Bain & Co., a Boston-based consulting firm, where he quickly emerged as a rising star. He was asked to lead a spinoff, Bain Capital, a private equity firm that provided management consulting and launched and revitalized promising companies. Romney has touted Domino's Pizza, Sports Authority and Staples among the successes.

But Bain's record of acquiring, then selling companies also had some agonizing consequences ? plant closings, layoffs and bankruptcies. In a 2007 New York Times interview, Romney, reflecting on the cutbacks, said: "Sometimes the medicine is a little bitter, but it is necessary to save the life of the patient."

In a recent debate, Romney said Bain had invested in about 100 different companies, "not all of them succeeded" but "tens of thousands of jobs" were created.

A Washington Post fact-check concluded Romney's record "proves that he can produce staggering returns for investors" but said the campaign offered "no definitive proof that Bain added more jobs that it eliminated" during his tenure.

Romney's work at Bain cemented his business reputation. It also helped make him very rich.

In 1994, he took a plunge into politics at the deep end. He challenged Ted Kennedy.

___

Mitt Romney, Senate candidate, was a supporter of abortion rights, an advocate of gun control measures, a friend to gays, a self-proclaimed independent during the Reagan-Bush era

"He wanted to look a lot like Kennedy, without being Kennedy," says Paul Watanabe, a political scientist at the University of Massachusetts in Boston.

In fact, Romney wrote a letter to a gay Republican group in Massachusetts during that campaign saying he'd "provide more effective leadership" on gay rights issues than Kennedy.

Some moderate positions Romney staked out then ? and later when running for governor ? have long given way to more conservative ones.

The one-time defender of abortion rights now believes the U.S. Supreme Court should reverse Roe vs. Wade and return the issue to the states to decide on the legality.

The Senate candidate who said in 1994 he did not "line up" with the National Rifle Association signed up for a lifetime membership in the group 12 years later, as he was considering his first presidential run.

The gubernatorial candidate who said in 2002 that he opposed tax increases but would not sign a no-tax pledge, signed one when running for president five years later, boasting about it and criticizing his rivals for not doing so.

To Romney, these shifts were a natural evolution. To critics, they were political expediency to fit an increasingly conservative GOP.

Romney tasted defeat in his first campaign but found a new outlet for his management skills. He took over the floundering, scandal-ridden Salt Lake Olympic Games and is credited with turning them into a financial success.

Gillespie, his former aide, says Romney bucked up a demoralized staff, recruited people with Olympic experience, and tackled problems with an orderly management style that involved asking probing questions.

"When somebody says, `Look, this is the way it's always done,' his first reaction is going to be, `Not necessarily. Let's talk about why,'" she recalls. "There's a really intense challenging of the status quo."

Romney's revitalized image and accolades served as a springboard into the Massachusetts governor's chair, where even critics say he was good in a crisis.

Beth Myers, his then-chief of staff, describes Romney as someone who "wants the facts and figures but he wants to hear it from the smart people who know their stuff."

As governor, Romney began moving right on social issues. He announced, for instance, his opposition to abortion. At the same time, he started eyeing a bigger prize ? the White House.

As head of the Republican Governors Association, Romney traveled the country, making connections, gaining exposure and distancing himself from blue-state Massachusetts.

But it was back in Massachusetts where he captured the national spotlight for his landmark universal health care law ? a partial blueprint for Obama's plan. Both have an individual mandate that requires everyone to carry health insurance, an element that conservative Republicans denounce as Big Brother intervention.

Romney defends the law as "a state solution for a state problem" and vows to repeal Obama's plan.

That limited endorsement disappoints Jon Gruber, professor of economics at MIT who consulted on the Massachusetts health plan: "He's the hero of health care reform if he likes it or not," he says. "I hope 20 years from now ... he can sit back and appreciate what an amazing thing he did ... even if he feels now he has to run away from it."

A time 20 years from now, though, is not Romney's focus. He concentrates instead on the trail ahead and on the challenges raised by a string of contenders, one after another. Still, he cannot avoid questions about how he has changed and where he stands on this or that.

Always, he has a ready reply, as he did at a New Hampshire editorial board:

"I'm as consistent," he said, "as human beings can be."

___

AP researcher Rhonda Shafner contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//news.yahoo.com/s/ap/20111225/ap_on_el_pr/us_romney_profile

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Saturday, December 24, 2011

New Delhi: Indian Court Summons Google, Facebook and Other Websites

The Intel Hub
December 24, 2011

NEW DELHI (BNO NEWS) ? An Indian court on Friday issued a summons to social networking website Facebook, search giant Google, Yahoo!, video-sharing website YouTube and seventeen other websites to stand trial for allegedly publishing ?objectionable contents.?

New Delhi Metropolitan Magistrate Sudesh Kumar claimed that the websites contain obscene pictures and content offensive to Hindus, Muslims and Christians. The court?s order comes just three days after another court restrained these websites in a civil case from publishing any ?anti-religious? or ?anti-social? content which promotes hatred or communal disharmony.

?It is also evident that such contents are continuously, openly and freely available to everyone who is using the said network, irrespective of their age and even the persons under the age of 18 years have full and uncensored access to such obscene contents,? the court said, as quoted by the Press Trust of India (PTI).

Earlier this month, the Indian government vowed to stop what it calls ?offensive and defamatory? content on internet websites. However, several major websites immediately rejected the plan and Indian officials complained their requests fell on ?deaf ears?.

Telecommunications minister Kapil Sibal said on December 6 that the government does not want to interfere with the freedom of the press. However, he said, if the social networking websites are not willing to cooperate, then it is ?the duty of the government? to ensure ?blasphemous material? does not appear on the internet.

Social networking site Facebook, which has more than 25 million users in the country, said it would remove any content that is hateful, threatening, incites violence or contains nudity from the service. ?We recognize the government?s interest in minimizing the amount of abusive content that is available online and will continue to engage with the Indian authorities as they debate this important issue,? Facebook said in a statement earlier this month.

Google said it would abide by local laws and take any material off if it violates its policies. ?But when content is legal and does not violate our policies, we will not remove it just because it is controversial, as we believe that people?s differing views, so long as they are legal, should be respected and protected,? the company?s spokesperson said, as quoted by PTI.

India has about 100 million internet users, the third-largest number after China and the United States.

??2011. BNO News. All Rights Reserved. Published by The Intel Hub with permission.

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Source: http://theintelhub.com/2011/12/24/indian-court-summons-google-facebook-and-other-websites/

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New technique makes it easier to etch semiconductors

New technique makes it easier to etch semiconductors [ Back to EurekAlert! ] Public release date: 22-Dec-2011
[ | E-mail | Share Share ]

Contact: Liz Ahlberg
eahlberg@illinois.edu
217-244-1073
University of Illinois at Urbana-Champaign

CHAMPAIGN, Ill. Creating semiconductor structures for high-end optoelectronic devices just got easier, thanks to University of Illinois researchers.

The team developed a method to chemically etch patterned arrays in the semiconductor gallium arsenide, used in solar cells, lasers, light emitting diodes (LEDs), field effect transistors (FETs), capacitors and sensors. Led by electrical and computer engineering professor Xiuling Li, the researchers describe their technique in the journal Nano Letters.

A semiconductor's physical properties can vary depending on its structure, so semiconductor wafers are etched into structures that tune their electrical and optical properties and connectivity before they are assembled into chips.

Semiconductors are commonly etched with two techniques: "Wet" etching uses a chemical solution to erode the semiconductor in all directions, while "dry" etching uses a directed beam of ions to bombard the surface, carving out a directed pattern. Such patterns are required for high-aspect-ratio nanostructures, or tiny shapes that have a large ratio of height to width. High-aspect-ratio structures are essential to many high-end optoelectronic device applications.

While silicon is the most ubiquitous material in semiconductor devices, materials in the III-V (pronounced three-five) group are more efficient in optoelectronic applications, such as solar cells or lasers.

Unfortunately, these materials can be difficult to dry etch, as the high-energy ion blasts damage the semiconductor's surface. III-V semiconductors are especially susceptible to damage.

To address this problem, Li and her group turned to metal-assisted chemical etching (MacEtch), a wet-etching approach they had previously developed for silicon. Unlike other wet methods, MacEtch works in one direction, from the top down. It is faster and less expensive than many dry etch techniques, according to Li. Her group revisited the MacEtch technique, optimizing the chemical solution and reaction conditions for the III-V semiconductor gallium arsenide (GaAs).

The process has two steps. First, a thin film of metal is patterned on the GaAs surface. Then, the semiconductor with the metal pattern is immersed in the MacEtch chemical solution. The metal catalyzes the reaction so that only the areas touching metal are etched away, and high-aspect-ratio structures are formed as the metal sinks into the wafer. When the etching is done, the metal can be cleaned from the surface without damaging it.

"It is a big deal to be able to etch GaAs this way," Li said. "The realization of high-aspect-ratio III-V nanostructure arrays by wet etching can potentially transform the fabrication of semiconductor lasers where surface grating is currently fabricated by dry etching, which is expensive and causes surface damage."

To create metal film patterns on the GaAs surface, Li's team used a patterning technique pioneered by John Rogers, the Lee J. Flory-Founder Chair and a professor of materials science and engineering at the U. of I. Their research teams joined forces to optimize the method, called soft lithography, for chemical compatibility while protecting the GaAs surface. Soft lithography is applied to the whole semiconductor wafer, as opposed to small segments, creating patterns over large areas without expensive optical equipment.

"The combination of soft lithography and MacEtch make the perfect combination to produce large-area, high-aspect-ratio III-V nanostructures in a low-cost fashion," said Li, who is affiliated with the Micro and Nanotechnology Laboratory, the Frederick Seitz Materials Research Laboratory and the Beckman Institute for Advanced Science and Technology at the U. of I.

Next, the researchers hope to further optimize conditions for GaAs etching and establish parameters for MacEtch of other III-V semiconductors. Then, they hope to demonstrate device fabrication, including distributed Bragg reflector lasers and photonic crystals.

"MacEtch is a universal method as long as the right condition for deferential etching with and without metal can be found," Li said.

###

The Department of Energy and the National Science Foundation supported this work.

Editor's note: To contact Xiuling Li, call 217-265-6354; email xiuling@illinois.edu.

The paper, "Formation of High Aspect Ratio GaAs Nanostructures With Metal-Assisted Chemical Etching," is available online at http://pubs.acs.org/doi/full/10.1021/nl202708d.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


New technique makes it easier to etch semiconductors [ Back to EurekAlert! ] Public release date: 22-Dec-2011
[ | E-mail | Share Share ]

Contact: Liz Ahlberg
eahlberg@illinois.edu
217-244-1073
University of Illinois at Urbana-Champaign

CHAMPAIGN, Ill. Creating semiconductor structures for high-end optoelectronic devices just got easier, thanks to University of Illinois researchers.

The team developed a method to chemically etch patterned arrays in the semiconductor gallium arsenide, used in solar cells, lasers, light emitting diodes (LEDs), field effect transistors (FETs), capacitors and sensors. Led by electrical and computer engineering professor Xiuling Li, the researchers describe their technique in the journal Nano Letters.

A semiconductor's physical properties can vary depending on its structure, so semiconductor wafers are etched into structures that tune their electrical and optical properties and connectivity before they are assembled into chips.

Semiconductors are commonly etched with two techniques: "Wet" etching uses a chemical solution to erode the semiconductor in all directions, while "dry" etching uses a directed beam of ions to bombard the surface, carving out a directed pattern. Such patterns are required for high-aspect-ratio nanostructures, or tiny shapes that have a large ratio of height to width. High-aspect-ratio structures are essential to many high-end optoelectronic device applications.

While silicon is the most ubiquitous material in semiconductor devices, materials in the III-V (pronounced three-five) group are more efficient in optoelectronic applications, such as solar cells or lasers.

Unfortunately, these materials can be difficult to dry etch, as the high-energy ion blasts damage the semiconductor's surface. III-V semiconductors are especially susceptible to damage.

To address this problem, Li and her group turned to metal-assisted chemical etching (MacEtch), a wet-etching approach they had previously developed for silicon. Unlike other wet methods, MacEtch works in one direction, from the top down. It is faster and less expensive than many dry etch techniques, according to Li. Her group revisited the MacEtch technique, optimizing the chemical solution and reaction conditions for the III-V semiconductor gallium arsenide (GaAs).

The process has two steps. First, a thin film of metal is patterned on the GaAs surface. Then, the semiconductor with the metal pattern is immersed in the MacEtch chemical solution. The metal catalyzes the reaction so that only the areas touching metal are etched away, and high-aspect-ratio structures are formed as the metal sinks into the wafer. When the etching is done, the metal can be cleaned from the surface without damaging it.

"It is a big deal to be able to etch GaAs this way," Li said. "The realization of high-aspect-ratio III-V nanostructure arrays by wet etching can potentially transform the fabrication of semiconductor lasers where surface grating is currently fabricated by dry etching, which is expensive and causes surface damage."

To create metal film patterns on the GaAs surface, Li's team used a patterning technique pioneered by John Rogers, the Lee J. Flory-Founder Chair and a professor of materials science and engineering at the U. of I. Their research teams joined forces to optimize the method, called soft lithography, for chemical compatibility while protecting the GaAs surface. Soft lithography is applied to the whole semiconductor wafer, as opposed to small segments, creating patterns over large areas without expensive optical equipment.

"The combination of soft lithography and MacEtch make the perfect combination to produce large-area, high-aspect-ratio III-V nanostructures in a low-cost fashion," said Li, who is affiliated with the Micro and Nanotechnology Laboratory, the Frederick Seitz Materials Research Laboratory and the Beckman Institute for Advanced Science and Technology at the U. of I.

Next, the researchers hope to further optimize conditions for GaAs etching and establish parameters for MacEtch of other III-V semiconductors. Then, they hope to demonstrate device fabrication, including distributed Bragg reflector lasers and photonic crystals.

"MacEtch is a universal method as long as the right condition for deferential etching with and without metal can be found," Li said.

###

The Department of Energy and the National Science Foundation supported this work.

Editor's note: To contact Xiuling Li, call 217-265-6354; email xiuling@illinois.edu.

The paper, "Formation of High Aspect Ratio GaAs Nanostructures With Metal-Assisted Chemical Etching," is available online at http://pubs.acs.org/doi/full/10.1021/nl202708d.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2011-12/uoia-ntm122211.php

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Friday, December 23, 2011

Wall Street set for lower open as Europe optimism fades (Reuters)

NEW YORK (Reuters) ? Stock index futures pointed to a lower open on Wednesday as enthusiasm waned after strong bank demand for the European Central Bank's record funding operation and fears over the debt crisis resurfaced.

Banks borrowed 489 billion euros ($641.08 billion) at the ECB's first-ever offering of three-year funding, boosting optimism that a credit crunch can be averted.

But the optimism faded as European stocks gave back early gains. The FTSEurofirst 300 (.FTEU3) shed 0.3 percent and the eurofell to a session low against the dollar, and German government bonds turned positive on the day. (.EU)

Bunds have fallen in recent days on hopes that banks would use some of the ECB money to buy high-yielding Italian and Spanish debt.

But an Italian banking group said banks wouldn't increase their exposure to sovereign debt even after the ECB offering because European Bank Authority rules discourage it.

"They left it up to each of the banks to do what they need -- there can't be one general plan for all 500 banks they give the money to. So it's up to each bank where to put it most efficiently," said Cort Gwon, Chief Strategist at HudsonView Capital Management in New York.

As the Christmas and New Year holidays approach, equities will likely to become more volatile as volume peters out.

"The market can get whipsawed because of the illiquidity and the headline risk, both ways, both good and bad," said Gwon.

S&P 500 futures fell 2.9 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures lost 13 point, and Nasdaq 100 futures shed 5.75 points.

U.S.-listed shares of Research in Motion Ltd (RIMM.O)(RIM.TO) jumped 8.2 percent to $13.55 in premarket trade after Reuters reported the BlackBerry maker has rebuffed takeover overtures.

Oracle Corp (ORCL.O) slumped 9.9 percent to $26.27 premarket after posting earnings late Tuesday that fell short of Wall Street's forecasts for the first time in a decade.

On the economic front, the National Association of Realtors will release existing home sales for November at 10 a.m. EST (1500 GMT). Economists in a Reuters survey forecast a 5.05 million annualized unit total versus 4.97 million annualized units in October.

Walgreen Co (WAG.N) lost 7 percent to $31.16 premarket after the largest U.S. drugstore chain posted lower quarterly profit on pressured margins.

Contract electronics manufacturer Jabil Circuit Inc (JBL.N) posted first-quarter revenue below estimates and sees lower revenue in the second quarter. Shares fell 4.8 percent to $19 in premarket.

(Reporting By Chuck Mikolajczak; editing by Jeffrey Benkoe)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20111221/bs_nm/us_markets_stocks

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Indie market bounces back with "Twilight" and "King's Speech" (Reuters)

LOS ANGELES (TheWrap.com) ? Thanks to monster hits like "The Twilight Saga: Breaking Dawn -- Part 1" and art-house breakouts such as "The Artist," many of the major players in the independent film market racked up an impressive year despite the industry-wide box office decline.

The top seven indie studios grossed $1.57 billion at the domestic box office so far this year, compared to $1.52 billion in 2010, according to Boxofficemojo.com.

Theatrical revenues grew while studios continued to exploit video on demand and digital video as a new source of revenue. Barely a week goes by without one or more of the indies signing a new streaming pact with the likes of Netflix or Hulu.

So who's leading the pack? Summit dominated market share thanks to the latest installment in its tween horror romance, "Twilight." Relativity announced itself as a major player on the scene, but next year will need to find a new source of financial backing in order to stay there.

The Weinstein Co. re-emerged from its 2010 refinancing with the wind at its back thanks to Colin Firth's stuttering monarch in "The King's Speech."

Fox Searchlight is translating the critical raves for Alexander Payne's "The Descendants" into solid box office returns.

New entrant FilmDistrict scored a low-budget hit with the $54 million domestic grossing horror film "Insidious," but overspent on Johnny Depp's "The Rum Diaries, with only a measly $13 million at the domestic box office to show for its troubles.

Likewise, Focus Features churned out a genre hit with the $40 million grossing "Hanna," but couldn't interest audiences in the $19.4 million grossing Roman epic "The Eagle."

Not every studio was a winner. Lionsgate, with a costly string of box office misses, saw its numbers fall to earth. But salvation may be just around the corner in the form of a certain dystopian young adult novel, "The Hunger Games."

Here's a look at the top four indie studios:

SUMMIT

"The Twilight Saga: Breaking Dawn -- Part 1" powered the studio's slate, grossing a bloody good $658.4 million worldwide -- and counting -- on a $110 million budget. The finale to the sex and blood sucking series hits next summer, at which point the studio will be hard-pressed to find an equally profitable series of projects to replace it.

After all, that film accounted for more than 50 percent of Summit's $1 billion worldwide gross.

The rest of Summit's slate was something of a mixed bag. Cancer comedy "50/50" rode strong reviews to a $34.9 million domestic gross while "The Three Musketeers" deflected critical knocks to rack up $139 million worldwide. Also performing solidly was the mind-bending thriller "Source Code," which generated $146.7 million globally on a $32 million budget.

However, Nicolas Cage's "Drive Angry 3D" grossed a meager $10.7 million on a $9 million budget, and Mel Gibson's "The Beaver" couldn't overcome its star's controversial public image to bank a dreadful $8.7 million on a $21 million budget.

Maybe it's time to start plotting "The Twilight Saga: The Early Years."

LIONSGATE

"The Hunger Games" can't come soon enough for Lionsgate after a dreadful 2011.

The studio was hit hard by a series of flops last summer and fall, after audiences rejected "Conan the Barbarian," "Warrior," "The Devil's Double" and "Abduction" in short order.

Given that those films represented 50 percent of Lionsgate's theatrical slate, the bad grosses were magnified. Last year, the studio released substantially more films -- 14 theatrical releases in total, among them such moneymakers as "The Expendables" and "The Last Exorcism."

The year wasn't a total wash with the studio fielding two solid performers with "The Lincoln Lawyer" ($58 million, domestically) and "Tyler Perry's Madea's Big Happy Family" ($53 million, domestically).

Still, theatrical revenues plunged from $510.8 million domestically to $175.7 million this year.

"On the film side, it was one disaster after another," James Marsh, an analyst at Piper Jaffray & Co., told TheWrap. "There's a huge amount riding on 'Hunger Games.'"

Most analysts believe next spring's "Hunger Games" will be the company's highest grossing film of all time and could launch a multi-part franchise.

The studio and its stock have been re-energized in recent months now that Carl Icahn has abandoned his long standing attempt hostile takeover attempt of the studio and sold virtually all of his stock in the company.

The studio has done an expert job of monopolizing digital streaming and other alternative home-entertainment platforms through deals with Netflix. In particular, "Margin Call," the financial meltdown drama produced with Roadside Attractions, has become an unlikely hit for the studio, grossing $5 million domestically and $5 million on day-and-date video on demand.

Also on tap are a sequel to "The Expendables," Arnold Schwarzenegger's big screen return in "The Last Stand," and the Cameron Diaz and Jennifer Lopez romantic comedy "What to Expect When You're Expecting."

RELATIVITY

The end of Relativity's first year as a full-fledged film production and distribution company was marred by a series of executive departures and reports of financial difficulties.

That said, the studio fielded a number of solid box office performers, including "Immortals," the studio's sword-and-sandals epic has grossed $195 million worldwide to date with major territories yet to open including Spain and Latin America.

The pill-popping thriller "Limitless" was a surprise hit last spring, racking up $165.4 million globally on a $27 million production budget.

Not that Relativity didn't have its share of duds. Family comedy "Judy Moody and the NOT Bummer Summer" grossed a lowly $15 million on a $20 million budget, while the long-shelved "Take Me Home Tonight" grossed a paltry $6.9 million domestically. ("Judy Moody" was financed by Smokewood Entertainment, not Relativity.)

More troubling is the potential departure of Relativity President Steve Bertram, who may leave the company when his contract is due up at the end of the year. His exit would be the latest in a string of exits among the studio's top ranks. CEO Ryan Kavanaugh's inability to find a new backer to replace outgoing investor Elliot Management is another concern.

But the studio is proud that in its first year every one of its home-grown projects either broke even or made a profit.

THE WEINSTEIN CO.

"The King's Speech" has been a royal winner for the Weinstein Co.

Snatching Best Picture from the grip of "The Social Network" reaped big dividends for the indie studio, with the drama raking in $414.2 million worldwide.

The rest of the studio's slate hasn't been nearly as impressive, although Harvey and crew clearly think they may have another Best Picture winner on their hands with "The Artist." The black-and-white silent film -- bought for a song (get it?) at the Cannes Film Festival -- has grossed $15.4 million worldwide so far, but business should ramp up if the movie is an Oscar winner.

Thanks in large part to that little gold statue, the studio more than quadrupled its previous year's box office take, earning $547 million as opposed to the $89.7 million banked in 2010.

Although "Scream 4" signaled that that the bottom has probably fallen out of the horror film franchise, it still was profitable with a $97 million worldwide gross on a $40 million budget. Ditto for "Spy Kids: All the Time in the World," which grossed a modest $74 million, but only cost $27 million to produce.

The jury is still out on "My Week With Marilyn," which has grossed nearly $10 million so far, but could add to its take if it picks up awards attention.

Looking ahead, the studio has Quentin Tarantino's slave era spaghetti western "Django Unchained," Brad Pitt's crime thriller "Coogan's Trade," and Shia LaBeouf's prohibition drama "The Wettest Country in the World."

"We're very focused -- that's the message," David Glasser, TWC's chief operating officer, told TheWrap. "There's a need and a desire for the kind of movies that we make."

Source: http://us.rd.yahoo.com/dailynews/rss/movies/*http%3A//news.yahoo.com/s/nm/20111221/film_nm/us_indies2011

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Thursday, December 22, 2011

Stocks aim higher after Euro debt auction

By Reuters

U.S. stocks may open higher?Wednesday, putting the benchmark S&P 500 index on track to extend the prior session's big gains as banks borrowed more than anticipated at the European Central Bank's record cash injection aimed at easing the debt crisis.?

Banks borrowed 489 billion euros, or $641.08 billion at current exchange rates,?at the ECB's first-ever offering of three-year funding, boosting optimism that a credit crunch can be averted.?

But the optimism appeared to fade, reflecting the financial pressure the European banks are under, as European stocks gave back early gains. The FTSEurofirst 300 was up 0.2 percent and German government bonds turned positive on the day.?

S&P 500 futures rose 2 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 42 points, and Nasdaq 100 futures added 2.75 points.?

U.S.-listed shares of Research in Motion Ltd jumped 11.8 percent to $14 in premarket trade after Reuters reported the BlackBerry maker has rebuffed takeover overtures.?

Oracle Corp slumped 8.8 percent to $26.59 premarket after posting earnings late Tuesday that fell short of Wall Street's forecasts for the first time in a decade.?

On the economic front, the National Association of Realtors will release existing home sales for November at 10 a.m. EST (1500 GMT). Economists in a Reuters survey forecast a 5.05 million annualized unit total versus 4.97 million annualized units in October.?

Contract electronics manufacturer Jabil Circuit Inc posted first-quarter revenue below estimates and sees lower revenue in the second quarter.?

Paychex Inc recorded quarterly profit that beat expectations and said it continues to see a slow economic recovery with respect to sales from new clients.?

In Asia, stocks rose after upbeat U.S. and German data and strong demand for Spanish debt tempered risk-aversion.

Copyright 2011 Thomson Reuters. Click for restrictions.

Source: http://bottomline.msnbc.msn.com/_news/2011/12/21/9604769-stocks-aim-higher-after-euro-debt-auction

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Monday, December 19, 2011

Key Iowa paper backs Romney for president (Reuters)

DES MOINES (Reuters) ? The main newspaper in Iowa, the Des Moines Register, Saturday endorsed Mitt Romney in the Republican presidential race, less than three weeks before the state holds the first nominating contest for the 2012 election on January 3.

The newspaper said Romney stands out in the field of Republican candidates who are trying to become their party's nominee who will attempt to stop Democratic President Barack Obama's re-election bid.

"Mitt Romney is making his second bid for Iowans' support after an unsuccessful run in 2008," the newspaper said on its website in an editorial that will run in Sunday's newspapers.

"We did not endorse him then, but this is a different field, and he has matured as a candidate. Rebuilding the economy is the nation's top priority, and Romney makes the best case among the Republicans that he could do that."

In an editorial entitled "Mitt Romney is the best to lead" the newspaper said the former Massachusetts governor possessed the qualities of wisdom, sobriety and judgment.

"Those are qualities Mitt Romney said he looks for in a leader. Those are qualities Romney himself has demonstrated in his career in business, public service and government," the editorial said. "Those qualities help the former Massachusetts governor stand out as the most qualified Republican candidate competing in the Iowa caucuses."

Viewed early on as the likely front-runner, Romney has played second fiddle in popularity to several of the other Republican candidates.

But public opinion polls have shown that support for the latest front-runner in Iowa, former House of Representatives Speaker Newt Gingrich, seemed to be fading as Romney's firmed.

A Rasmussen poll showed Romney with a slight lead over Gingrich in Iowa. Two other polls show Ron Paul, a libertarian Republican congressman, moving into second place behind Gingrich in Iowa and gunning for an upset that would almost certainly help Romney by stopping Gingrich's rise.

The Des Moines Register made a few comments about the other top candidates that it did not choose.

"He stands out especially among candidates now in the top tier: Newt Gingrich is an undisciplined partisan who would alienate, not unite, if he reverts to mean-spirited attacks on display as House speaker.

"Ron Paul's libertarian ideology would lead to economic chaos and isolationism, neither of which this nation can afford."

(Reporting by Deborah Charles; Editing by Eric Walsh)

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/nm/20111218/pl_nm/us_usa_campaign_iowa_endorsement

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