Tuesday, January 31, 2012

Philips CEO warns H1 2012 "won't be easy" (Reuters)

AMSTERDAM (Reuters) ? Dutch Electronics giant Philips will book further, unspecified, restructuring charges in the first half of 2012, Chief Executive Officer Frans van Houten said on Monday.

"The first half of 2012 will see the impact of these charges and overall we are cautious about the development of the first half of the year. It is not going to be an easy first half," said Van Houten.

Earlier on Monday, Philips reported a 45 percent fall in fourth-quarter core profit due to losses at both its health and lighting divisions, and said it was cautious about 2012 given uncertainty in the global economy, particularly in Europe.

Van Houten also said the firm is committed to achieving its 2013 financial targets.

(Reporting By Roberta B. Cowan, Editing by Mark Potter)

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/nm/20120130/bs_nm/us_philips

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Fujifilm X10


The Fujifilm X10 ($599.95 direct) may look like an older camera on the outside, but it's a purely digital point-and-shoot with some nice features that photographers should appreciate. Along with the X100 and recently announced X-Pro1, the camera is part of Fuji's X series?a group of unique cameras that are aimed at enthusiasts. The X10 is set apart from other point-and-shoots by its larger image sensor, bright optical viewfinder, abundant physical controls, and Raw shooting capability. It doesn't manage to oust the Canon PowerShot S100 ($429.99, 4.5 stars) as our Editor's Choice for high-end compacts, but if you're looking for a zooming compact with a good optical viewfinder, the camera is worth consideration.

Design and Features
From a distance, the X10 could easily be mistaken for a 1970s-era 35mm camera. Its all-black finish and optical viewfinder fit the bill, but the camera's disguise is betrayed by the modern rear LCD and an abundance of button and dials. It's a bit larger than most compact cameras, measuring 2.7 by 4.6 by 2.2 inches (HWD) and weighing in at 12.3 ounces. The Panasonic Lumix DMC-LX5 ($499.99, 3.5 stars), which delivers a similar zoom range but lacks an optical finder, is only 2.6 by 4.3 by 1.7 inches and a bit lighter at 9.5 ounces.

Unlike most modern cameras, the X10 lacks a power switch. To turn the camera on, you must remove the lens cap and twist the lens away from its Off position. You also twist the lens to change its focal length?there are no power zoom controls like on other compact cameras. This gives you more control over the zoom action, but also makes the camera a bit awkward to use?especially if you're shooting via the optical viewfinder. Other cameras in this class have optical finders, including the Canon PowerShot G12 ($499.99, 2.5 stars), but they are generally much smaller and don't lend themselves to regular use.

The viewfinder is bright and clear enough for regular use, but it is not without its foibles. It doesn't cover the entirety of the frame, only about 80 percent, so for tightly-composed photos you'll probably want to use the rear LCD. It is also without any sort of information display. There is no focus confirmation, so you'll have to place your trust in the camera's autofocus system. By default, the camera uses a center focusing point, although you can change that manually. If you use something other than center as the point, it's up to you to remember where in the frame the camera is focusing and translate that to a position in the finder.

Placing trust in the autofocus is not something to be worried about?I was able to raise the camera to my eye for quick street shots and the X10 nailed the focus quickly and consistently. There is an option to have the camera make an audible beep when focus is locked, but street shooters are likely to disable this. There is no way to separate the focus confirm beep and the shutter sound clip, which is unfortunate as the desire to have an audible confirmation of focus lock does not go hand-in-hand with that to have the camera play a fake shutter noise when a photo is snapped.

I also found that using the zoom lens and the optical finder together could be a bit awkward. My hand would generally get in the way of the finder when adjusting the focal length, which makes grabbing quick shots difficult. I also inadvertently added fingerprints to the front of the finder when operating the zoom on several occasions, which very noticeably affected its clarity.

The 4x zoom lens is the equivalent of a 28-112mm f/2-2.8 in 35mm photography. It's a very sensible zoom range?although it lacks the telephoto reach needed for sports, birding, and similar applications. Other top-end compacts feature similar zoom ranges and fast lenses, although the Nikon Coolpix P7100 ($499.95, 4 stars) leads the pack with a 7.1x (28-200mm f/2.8-5.6) lens. The camera has a very nice macro mode to allow you to focus on objects that are very close to the lens. Enabling it also enables the rear LCD, as you cannot get accurate framing with the optical finder when shooting on a close object due to parallax. This is true for any camera that has a viewing lens that is offset from its taking lens.

The X10's rear LCD isn't the best in its class. It is 2.8 inches in size, a bit smaller than the 3-inch displays?that are par for the course in this class of camera, but does offer the same 460k dot resolution that is common to the Canon PowerShot S100, Panasonic LX5, and Canon G12. Both the Nikon P7100 and the Samsung TL500 ($449, 3 stars) offer 921k dot screens. The X10's LCD is bright, so you won't have any trouble using it on a sunny day?and the optical finder is there if you're in a situation where glare cannot be avoided?but it's easier to confirm critical focus on a higher-resolution display.

You'll find a number of physical controls on the X10. The top-mounted Mode Dial allows you to toggle between shooting modes, and another dial makes it easy to dial in EV compensation from -2 EV to +2 EV in third-stop increments. The shutter button features a standard thread, which makes it possible to add a soft release button or to use a manually shutter release cable to grab a photo. Rear controls include a 4-Way Command Dial, AE-L/AF-L, and a button to switch from JPG to Raw shooting for a single shot. There is also a standard rear command dial which will adjust aperture in A mode, shutter speed in S mode, and can be used to navigate through menus.

The menu system isn't the most intuitive; in my testing, some of the settings were a bit hard to find. The Raw shooting mode is actually located in the Settings area rather than the Shooting Menu where I'm used to seeing it. Once the initial setup is complete you won't have to spend a lot of time diving into menus?there are enough physical controls so you can avoid that. The X10 also supports a few film emulation modes, including Provia, Velvia, and Astia film stocks as well as a few different black and white shooting modes.

Even though the 2/3-inch image sensor in the X10 is larger than those found in most point-and-shoots, it is smaller than that found in interchangeable lens cameras like the Nikon J1 ($649.95, 3.5 stars), Olympus E-PM1 ($499.99, 4 stars), and our Editors' Choice, the Sony Alpha NEX-C3 ($649.99, 4.5 stars)?all of which are similarly priced to the X10. The main reason to opt for a compact over one of these mirrorless shooters is portability. Larger lenses are required to capture enough light to cover larger image sensors, where a compact camera like the X10 is able to get the job done with a much smaller lens. Canon's recently announced G1 X ($799.99) is set to change this a bit, as its sensor is larger than that of a Micro Four Thirds camera, but the camera itself is only slightly larger than the X10.

Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/3I62bOo2nhM/0,2817,2399338,00.asp

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Monday, January 30, 2012

Griner leads No. 1 Baylor women to easy win (AP)

WACO, Texas ? Brittney Griner scored 28 points and moved into second place on the NCAA career blocks list in No. 1 Baylor's 74-46 rout of Kansas on Saturday night.

Griner passed Michigan State's Alyssa DeHaan midway through the first half. The 6-foot-8 phenom has 506 blocks in her career and now only trails Saint Mary's star Louella Tomlinson, who had 663.

Kimetria Hayden added 10 points and Destiny Williams had 11 rebounds for Baylor (21-0, 8-0 Big 12), which is one of two unbeatens left. Wisconsin-Green Bay improved to 19-0 on Saturday by routing Valparaiso.

Carolyn Davis scored 12 and Angel Goodrich and CeCe Harper had 10 points each for Kansas (16-4, 5-3). Aishah Sutherland had 10 rebounds.

Griner got the Lady Bears going early with two two-handed blocks. Those came a 14-4 run to open the game and led to 3-pointers.

Baylor was up 37-17 at the half after holding Kansas scoreless for the final 6:45 of the period. The Lady Bears then opened the second half on a 10-4 run and never let Kansas get closer than 21 the rest of the way.

Midway through the second half, Sutherland had a short jumper in the lane and Harper followed with a 3 for Kansas' biggest scoring run of the game. Baylor answered with a short jumper by Griner and a jumper by Shanay Washington that put the Bears up 61-36 with 8:44 to play.

Kansas was coming off a 62-43 win over No. 21 Texas Tech on Wednesday, and had previously beaten then-No. 23 Texas by five points on Jan. 4.

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20120129/ap_on_sp_co_ga_su/bkw_t25_kansas_baylor

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Sunday, January 29, 2012

Gingrich says he's in 'til GOP convention (AP)

PORT ST. LUCIE, Fla. ? On the weekend before the pivotal Florida primary, Newt Gingrich vowed Saturday to stay in the race for the Republican presidential nomination until the national convention this summer even if he loses Tuesday's vote. Front-runner Mitt Romney poured on the criticism of his rival in television ads airing across the state.

Gingrich's pledge, in a race defined by unpredictability, raised the prospect of an extended struggle inside the party as Republicans work to defeat President Barack Obama in the fall. "You just had two national polls that show me ahead," he said. "Why don't you ask Gov. Romney what he will do if he loses" in Florida.

The former Massachusetts governor countered a few hours later while in Panama City. "I think we are going to win here, I sure hope so," he said.

As the two rivals made their appeals to Hispanic, Jewish and tea party voters, veterans of the armed forces and others, all known indicators pointed to a good day for Romney in the primary.

He and his allies held a 3-1 advantage in money spent on television advertising in the race's final days. Robust early vote and absentee ballot totals followed a pre-primary turnout operation by his campaign. Even the schedules the two men kept underscored the shape of the race ? moderate for Romney, heavy for Gingrich.

Campaigning like a front-runner, Romney made few references to Gingrich. Instead, he criticized Obama's plans to cut the size of the armed forces. "He's detached from reality," the former Massachusetts governor said.

"The foreign policy of `pretty please' is not working terribly well," he added. Romney said he wants to add 100,000 troops, not cut them.

If his personal rhetoric was directed Obama's way, the television commercials were trained on Gingrich, whose victory in last Saturday's South Carolina primary upended the race for the nomination. A new ad released as the weekend began is devoted to the day in 1997 when Gingrich received an ethics reprimand from the House while serving as speaker and was ordered to pay a $300,000 fine.

Nearly the entire 30-second ad consists of NBC News anchor Tom Brokaw's nationally broadcast description of the events on the evening news. "By an overwhelming vote, they found him guilty of ethics violations; they charged him a very large financial penalty, and they raised ? several of them ? raised serious questions about his future effectiveness," Brokaw said that night, and now again on televisions across Florida.

Both NBC and the former newsman registered objections. The network called on the campaign to stop using the footage and Brokaw said in a statement, "I do not want my role as a journalist compromised for political gain by any campaign."

A Romney adviser, Eric Fehrnstrom, said the campaign wasn't likely to stop running the ad. "We believe it falls within fair use," he said. "We didn't take the entire broadcast; we just took the first 30 seconds."

Whatever its impact, the ad represented part of a barrage that Gingrich could not match.

A second Romney ad said Gingrich had "cashed in" as a Washington insider while the housing crisis was hitting Florida particularly hard.

Figures made available to The Associated Press showed Romney was spending $2.8 million to air television commercials in the final week of the Florida campaign. In addition, a group supporting him, Restore Our Future, was spending $4 million more, for a combined total of $6.8 million.

By contrast, Gingrich was spending about $700,000, and Winning Our Future, a group backing him, an additional $1.5 million. That was about one-third the amount for the pro-Romney tandem.

Officials said the total of absentee and early vote cast approached 500,000, about 200,000 of them before Gingrich won in South Carolina last weekend.

Gingrich seemed in good humor during the day, despite the obstacles in his way. He joked with reporters that they had missed an example of his grandiosity ? a charge that one rival, former Pennsylvania Sen. Rick Santorum, had used in a recent debate ? when they didn't see him hold a golf trophy on display at the PGA Library.

Gingrich also turned aside one opportunity to criticize Romney, answering a question by saying, `I want to talk about defeating Obama."

But his tone seemed to change after he said he wasn't happy with his performances in a pair of debates during the week, and was asked to explain.

"You cannot debate somebody who is dishonest. You just can't," he said, referring to Romney.

Referring to one answer the former Massachusetts governor had given, Gingrich said it was not true that Romney had always voted for a Republican when one was on the ballot.

"That in fact he could have voted for George H.W. Bush or Pat Buchanan the same day and he chose the Democratic primary, he voted Paul Tsongas, the most liberal candidate. The same year he gave money to three Democrats for Congress," he added, referring to the 1992 campaign.

"Now there's no practical way in a civil debate to deal with somebody who is that willing to say something that is just totally dishonest."

Romney poked fun at Gingrich's debate performances.

"This last one Speaker Gingrich said he didn't do so well because the audience was so loud. The one before he said he didn't do so well because the audience was too quiet. This is like Goldilocks, you know, you've got to have it just right.

"When I debate the president, I'm not going to worry about the audience, I'm going to make sure that we take down Barack Obama and take back the White House."

The two other contenders, Santorum and Texas Rep. Ron Paul, have conceded Florida and did not campaign in the state during the day.

___

Associated Press reporter Steve Peoples in Panama City contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20120129/ap_on_el_pr/us_gop_campaign

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Screen Actors Guild votes to approve merger plan (AP)

LOS ANGELES ? The Screen Actors Guild national board of directors has voted to approve a plan to merge with the American Federation of Television and Radio Artists.

In a statement, SAG says the board voted 87 percent to 13 percent Friday for the proposed merger at its meeting in Los Angeles.

The American Federation of Television and Radio Artists' board is scheduled to meet Saturday for a vote on the package. If approved, a referendum will be sent out for a vote by members of both unions in the coming weeks.

The merger plan comes after two years of negotiations between the groups to join forces in a bid to gain more leverage in contract negotiations.

The TV and radio artists' group supported a merger with SAG in 1998 and 2003 only to see those efforts fail.

Source: http://us.rd.yahoo.com/dailynews/rss/music/*http%3A//news.yahoo.com/s/ap/20120128/ap_en_mu/us_hollywood_labor

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Saturday, January 28, 2012

Scattered investing, scattered results | Finance Explained

In Alberta, a couple we?ll call Wilt, 36, and his wife, Susan, 44, are thriving with a total take-home income of $ 8,000 a month. Both self-employed as consultants ? he in management, she in health care ? they have come to a point in their lives in which they have a good deal of unencumbered cash flow. Their net worth, about $ 229,000, is modest, but they are planning far ahead. Their goals ? educate their five-year-old daughter and plan a retirement.

Family Finance asked Lenore Davis, a registered financial planner with Dixon, Davis & Co. in Victoria, to work with Wilt and Susan. ?They are scattered in terms of where they deploy their money,? Ms. Davis says. ?They do indeed need a plan to get them to their retirement goal while looking after their daughter?s educational needs.?

Financial management

For now, Susan and Wilt need to reduce their debts and to rationalize their investments. To do that, they have to resist the urge to increase their personal spending parallel to their increased income. Their method has been to run all their income through their personal corporation and pay themselves as needed. Their $ 8,000 monthly draw leaves $ 983 a month unspent. They can use it for their child?s RESP ? $ 2,500 a year, which will attract $ 500 a year from the Canada Educational Savings Grant ? and putting $ 8,000 into lump-sum mortgage reduction on each anniversary due date.

After taking their draws from their corporation and allowing for deductions, there should be $ 60,000 in their company each year to be invested. The money can be left inside the company or flowed out to Wilt and Susan so that they can invest it personally.

Corporate income tax rates ? federal and provincial ? on active Alberta small-business income are low at 14%, compared to personal income tax rates in their bracket of 32% on salaries. But investment income from money left in a corporation is taxed at 45%. So the best thing for now is to distribute the income to the couple as dividends, Ms. Davis advises. In time, they should consider adding to salary to boost Canada Pension Plan benefits, she adds. Dividends are not salary or wage income and do not generate CPP credits.

Any payouts of surplus cash can be used for RESPs, mortgage paydowns, TFSA contributions or filling RRSP space. Wilt has $ 67,000 of unused RRSP space, Susan $ 86,000 of space.

Retirement planning

In 29 years, when they are ready to retire, if they have built up CPP benefits at the maximum rate, currently $ 11,840 a year, they can add their entitlement to full Old Age Security benefits, currently $ 6,480 a year, to build a base of public pensions of $ 36,640 a year in 2012 dollars. Their present spending net of school tuition, saving and debt repayment, about $ 4,000 a month, or $ 48,000 a year after tax, would be approximately $ 74,000 before 35% average tax.

To achieve that level of income, they would have to add $ 37,360 of annual investment income. At 65, when Wilt and Susan begin their retirement, they would need capital of $ 622,700. That would produce the required annual supplement to public pensions, assuming all their income and capital would be used up by the time Wilt is 90. To get to that level of capital, they will have to save $ 11,220 a year for the next 29 years and achieve a 3.0% real rate of return.

The couple already saves more than $ 14,000 a year in RRSPs and taxable savings, so reaching the target should be no problem. Yet Wilt and Susan have shown a knack for investing in risky undertakings with sad outcomes. For example, they have $ 100,000 in a real-estate venture that has gone into receivership. The couple needs to switch investment methods from the concept of adventure to a steady system for diversifying assets and estimating dependable returns from stocks, bonds and perhaps real-estate mutual funds or exchange-traded funds that have strong and rising payouts. Their allocation to bonds should grow to perhaps 25% of total investments within the next few years and rise to 65% by retirement age, Ms. Davis suggests.

Investing in security

The final issue in Wilt and Susan?s future is their view of the purpose of investments. When they had little money, they invested for the thrill of it. Now that they have substantial incomes and substantial assets, they must act like good managers for themselves and for their child.

To avoid the risk of buying the wrong stock or bond, commodity or parcel of real estate, the couple can use low-fee exchange-traded funds with diversified assets. Over a period of 29 years, ETF fees that would average about 0.50% a year will tend to outperform actively managed mutual funds with fees five times higher. The 2.0% annual saving will translate into a 58% value retention over 29 years. Competent managers of higher-fee mutual funds could boost returns and justify their fees, but the odds of finding mangers who can beat the market for nearly three decades are poor.

Wilt and Susan could increase their financial security by purchasing disability insurance. Disability coverage prices vary widely. For payments of $ 5,000 a person a month that begin 90 days after a reported injury or illness, Wilt would pay $ 125 a month to age 65 and Susan would pay $ 243 a month to age 65. The premiums could be paid by their company as a taxable benefit to the employees.

?This couple is in a great place to make their financial situation secure,? Ms. Davis says. ?By taking concrete money-management measures, they can stop worrying about past losses and focus on a comfortable future lifestyle and a solid retirement plan. A relatively small amount of planning and a move to a sound investment style with reasonable costs should get them to a comfortable retirement.?

? Need help getting out of a financial fix? E-mail andrewallentuck@mts.net for a free Family Finance analysis.


From:Financial Post | Business ? Personal Finance

Source: http://financeexplained.info/2012/01/28/scattered-investing-scattered-results/

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UN chief says onus is on Iran in nuclear dispute (AP)

DAVOS, Switzerland ? U.N. Secretary General Ban Ki-Moon urged a resumption of dialogue between Western powers and Iran on their nuclear dispute Friday, and said Tehran must comply with Security Council resolutions and prove conclusively that its nuclear development program is not directed to making arms.

"The onus is on Iran," said Ban, speaking here at a press conference during the annual meeting of the World Economic Forum.

"They have to prove themselves that their nuclear development program is genuinely for peaceful purposes, which they have not done yet." he said.

Ban expressed concern at the most recent report of the International Atomic Energy Agency that strongly suggested that Iran nuclear program, which it long has claimed is for development of power generation, has a military intent.

In spite of his tough words to Iran, Ban said that dialogue with the "three-plus-three" ? Germany, France and Britain plus Russia, China and the United States ? is the path forward.

"There is no other alternative for addressing this crisis than peaceful ... resolution through dialogue," said Ban.

Ban noted that there have been a total of five Security Council resolutions so far on the Iranian nuclear program, four calling for sanctions.

As tensions have been on the rise recently, some political leaders in Israel and the United States have been speaking increasingly of the possibility of a military strike to eliminate, or at least slow down, what they allege is a determined effort by Iran to obtain nuclear weapons.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20120127/ap_on_re_eu/eu_davos_forum_iran

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Friday, January 27, 2012

Pets and the Residential Lease Agreement | galveston ...

If ??? h??? a pet, ??? know h?w hard ?t ??n b? t? find ?n apartment th?t w?ll allow ??? ?nd ???r furry friend t? both sign th? residential lease agreement.

Many, dare I ??? m??t landlords ?r? strict ?b??t n?t accepting tenants w?th animals. If ??? ?r? lucky, ??? m?? b? ?bl? t? find landlords w?th a kind heart (probably pet owners themselves) wh? w?ll allow ??rt??n kinds ?f pets ?n th??r units.

Th? best ?l??? t? find ?n apartment th?t accepts pets ?? t? first look ?n ?ll th? usually places: Craigslist, pet-friendly websites f?r people looking t? rent, th? news classifieds ?r even through a broker.

B?t please follow th? residential lease agreement golden rule w?th regards t? animals!

M?k? sure ??? mention ???r pet before ??? b?g?n ???r lease hunting efforts!

Y?? m??t follow th? two steps below t? insure ?n efficient ???r???h ?n finding th? best property f?r ??? ?nd ???r pet:

A?k up front ?b??t th??r pet policy.

If ??? ?r? replying t? ?n apartment listing via telephone ?r email, b? sure t? ??k wh?t th? property policy ?? w?th regards t? pets.

Y?? don?t want t? g?t yourself excited ?b??t a ?l??? ?nl? t? find out later th?t th?? don?t accept pets ?f ?n? kind. And don?t m?k? th? mistake th?t ?? many people d? wh??h ?? g? ?ll th? way through th? application process thinking th?? ??n?t possibly turn ??? down once th?? meet YOUR pet. Guess wh?t? N? one thinks ???r pet ?? ?? cute ?nd sweet ?? ??? d?. I h??? never seen th?? work. W?r?t case, ?f ??? signed th? lease ?nd m???d ?n ?nd th?? later found ???r pet living w?th ???, th? landlord ???ld evict ??? AND collect ?ll th? rent due through th? remainder ?f ???r lease.

Lastly, ??? m?? find out b? letting th? landlord know upfront th?t th?? accept ??rt??n breeds ?f dog ?r ??rt??n sizes (f?r example: under 20 pounds).

T?ll broker ?b??t ???r pet.

If ??? opt t? ??? a broker t? h?l? ??? find a property, b? sure ??? inform th? broker ?t ???r first meeting th?t ??? h??? ?n animal ?nd th?t ??? ?nl? want t? see apartments w?th pet-friendly policies.

Al?? m?k? sure t? inform th?m ?f ??? ?l?n ?n getting a pet ?n th? future.

If ??? follow th??? two simple steps ??? ??n b? sure n?t t? waste unnecessary time ?n ???r hunt f?r a pet-friendly apartment complex. If ??? ?nd th? landlords th?t r?n th? properties ??? ?r? interested ?n ?r? ?n th? same page ??? won?t waste valuable time wondering ?f ???r beloved pet ?? going t? ?nd up unintentionally denying ??? access t? a residential lease agreement.

Stirling Gardner (Th? Hollywood Landlord) ?? a writer ?nd property management expert.


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Source: http://galveston-apartmentsforrent.com/pets-and-the-residential-lease-agreement.html

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Alaska Airlines retiring meal tray prayer cards (AP)

SEATTLE ? Alaska Airlines is ending decades of giving passengers prayer cards with their meals, saying Wednesday the decision was made out of respect for all passengers.

Airline spokeswoman Bobbie Egan said the airline heard from customers who preferred not to mix religion with transportation. The decision reflects respect for the diverse religious beliefs and cultural attitudes of Alaska Airlines' customers and employees, the company said in announcing the change.

"Some customers were comforted by the cards and some didn't feel religion was appropriate on the plane and preferred not to receive one," she said.

The cards began as a marketing ploy 30 years ago to differentiate the regional airline from its competitors. The company admits the idea was borrowed from another airline.

The cards offer a short except of a psalm from the Old Testament printed on a beautiful photograph. One current example includes this excerpt printed over a beach scene: "Give thanks to the Lord for He is good. His love endures forever."

A card with a mountain scene says, "I will be glad to rejoice in you; I will sing praise to your name O most high."

Since 2006, when the airline stopped offering meals to customers in the main cabin, the cards have only appeared on meal trays in first class.

For a long time, Alaska Airlines got more positive comments than negatives ones. But lately, opinion has shifted.

Egan said the decision was made out of respect for all of their customers.

"After carefully considering all sides, it was agreed that eliminating the cards was the right thing to do," Egan said.

The airline sent an email to its frequent flyers on Wednesday explaining the change that will take effect Feb. 1.

"Religious beliefs are deeply personal and sharing them with others is an individual choice," said the email signed by both airline CEO Bill Ayer and President Brad Tilden.

The email said some of its customers enjoyed the cards but others were offended by them.

"It is important that everyone know that this decision does not change our core values nor our care for our customers," the email said.

___

Associated Press writer Donna Blankinship can be reached at _http://twitter.com/dgblankinship

Source: http://us.rd.yahoo.com/dailynews/rss/religion/*http%3A//news.yahoo.com/s/ap/20120125/ap_on_re_us/us_airline_prayer_cards

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Wednesday, January 25, 2012

Emergency room visits risky for elderly residents from long-term care facilities

Emergency room visits risky for elderly residents from long-term care facilities [ Back to EurekAlert! ] Public release date: 23-Jan-2012
[ | E-mail | Share Share ]

Contact: Julie Robert
julie.robert@muhc.mcgill.ca
514-934-1934 x71381
McGill University Health Centre

This press release is available in French.

Montreal -- Elderly patients who have visited an emergency department (ED) are three times more likely to develop respiratory or gastrointestinal infections in the week following their return to a long-term care facility, such as a Centre d'Hbergement de Soins de Longue Dure (CHLSD). These are the findings of a new Canadian study published in the Canadian Medical Association Journal today.

"There certainly seems to be a benefit to isolating residents in the 7 days following their return to a long-term care facility, said Dr. Caroline Quach, an infectious disease specialist from the McGill University Health Centre (MUHC) and the Research Institute of the MUHC and lead author of the study. "In addition to endangering other resident's health, outbreaks generate a significant workload and financial cost to the healthcare facility."

The study, which was conducted from September 2006 to May 2008, involved more than 1200 residents of 22 different long-term care facilities in Quebec and Ontario. ED visits took place during the winter months, when respiratory and gastrointestinal infections are most likely. "Following their visit to the ED during the winter, residents were three times more likely to develop symptoms of new infection, and this only in the absence of other infectious disease outbreaks in their CHLSDs," said Dr. Quach.

"Our challenge as health professionals is to enhance our ongoing efforts in the implementation of and adherence to, infection control policies. We also may want to take further infection control measures upon the return of residents in CHLSDs," explained Dr. Quach.

"Infection control has been a major priority in our planning for the Glen site," concluded Jean-Marc Troquet, chief of emergency medicine at the MUHC adult sites. "The results of this study confirm what we all suspected and validate our decision to design the ED at the Glen with individual patient rooms."

###

About this study:

The study, Risk of infection following a visit to the emergency department: a cohort study, was coauthored by Caroline Quach (MUHC/McGill/INSPQ); Margaret McArthur and Allison McGeer (Mount Sinai Hospital, University of Toronto), Lynne Li (MUHC/McGill); Andrew Simor (Sunnybrook Health Sciences Center, University of Toronto); Marc Dionne (INSPQ); Edith Lvesque (CSSS, Rivire-du-Loup); Lucie Tremblay (Maimonides Geriatric Center, Montreal).

Partners in research:

This work was supported by funds from The Canadian Patient Safety Institute (CPSI), the Quebec Ministry of Health and the Canadian Institutes for Health Research (CIHR).

Related links:

Cited study: http://www.cmaj.ca

Research Institute of the MUHC (RI-MUHC): http://www.muhc.ca/research/dashboard

McGill University Health Centre (MUHC): http://www.muhc.ca

Media contact:

Julie Robert
Communications Coordinator
Public Affairs & Strategic Planning
McGill University Health Centre
514 934-1934 ext. 71381
julie.robert@muhc.mcgill.ca



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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.


Emergency room visits risky for elderly residents from long-term care facilities [ Back to EurekAlert! ] Public release date: 23-Jan-2012
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Contact: Julie Robert
julie.robert@muhc.mcgill.ca
514-934-1934 x71381
McGill University Health Centre

This press release is available in French.

Montreal -- Elderly patients who have visited an emergency department (ED) are three times more likely to develop respiratory or gastrointestinal infections in the week following their return to a long-term care facility, such as a Centre d'Hbergement de Soins de Longue Dure (CHLSD). These are the findings of a new Canadian study published in the Canadian Medical Association Journal today.

"There certainly seems to be a benefit to isolating residents in the 7 days following their return to a long-term care facility, said Dr. Caroline Quach, an infectious disease specialist from the McGill University Health Centre (MUHC) and the Research Institute of the MUHC and lead author of the study. "In addition to endangering other resident's health, outbreaks generate a significant workload and financial cost to the healthcare facility."

The study, which was conducted from September 2006 to May 2008, involved more than 1200 residents of 22 different long-term care facilities in Quebec and Ontario. ED visits took place during the winter months, when respiratory and gastrointestinal infections are most likely. "Following their visit to the ED during the winter, residents were three times more likely to develop symptoms of new infection, and this only in the absence of other infectious disease outbreaks in their CHLSDs," said Dr. Quach.

"Our challenge as health professionals is to enhance our ongoing efforts in the implementation of and adherence to, infection control policies. We also may want to take further infection control measures upon the return of residents in CHLSDs," explained Dr. Quach.

"Infection control has been a major priority in our planning for the Glen site," concluded Jean-Marc Troquet, chief of emergency medicine at the MUHC adult sites. "The results of this study confirm what we all suspected and validate our decision to design the ED at the Glen with individual patient rooms."

###

About this study:

The study, Risk of infection following a visit to the emergency department: a cohort study, was coauthored by Caroline Quach (MUHC/McGill/INSPQ); Margaret McArthur and Allison McGeer (Mount Sinai Hospital, University of Toronto), Lynne Li (MUHC/McGill); Andrew Simor (Sunnybrook Health Sciences Center, University of Toronto); Marc Dionne (INSPQ); Edith Lvesque (CSSS, Rivire-du-Loup); Lucie Tremblay (Maimonides Geriatric Center, Montreal).

Partners in research:

This work was supported by funds from The Canadian Patient Safety Institute (CPSI), the Quebec Ministry of Health and the Canadian Institutes for Health Research (CIHR).

Related links:

Cited study: http://www.cmaj.ca

Research Institute of the MUHC (RI-MUHC): http://www.muhc.ca/research/dashboard

McGill University Health Centre (MUHC): http://www.muhc.ca

Media contact:

Julie Robert
Communications Coordinator
Public Affairs & Strategic Planning
McGill University Health Centre
514 934-1934 ext. 71381
julie.robert@muhc.mcgill.ca



[ 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/2012-01/muhc-erv012312.php

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'Crony' of Mugabe to promote Thai national image

(AP) ? A Thai Cabinet member under U.S. sanctions for alleged business deals with Zimbabwe strongman Robert Mugabe is now in charge of promoting Thailand's national image.

Nalinee Taveesin, previously Thailand's trade representative, was named a Cabinet minister in the Prime Minister's Office during last week's reshuffle of Yingluck Shinawatra's government.

The opposition has expressed dismay, questioning whether the appointment violates the Thai constitution's ethics code for lawmakers.

Undeterred, Yingluck's office announced Tuesday that Nalinee's duties would include overseeing the National Identity Office, which according to the agency's website is responsible for promoting the "unique and noble values that distinguish Thailand."

Nalinee has said she knows Mugabe and his wife socially but has no business dealings with them.

The government office aims to promote national values among Thais, such as the significance of the nation, religion and monarchy. It produces documentaries and music and pamphlets about Thailand's king, as well as organizing events for Buddhism Week.

The U.S. Treasury Department in 2008 named Nalinee a crony of Mugabe and said she had "facilitated a number of financial, real-estate and gem-related transactions" on behalf of Mugabe's wife and other figures in Zimbabwe.

"Ironically, Nalinee Taveesin has participated in a number of initiatives on corruption ... in Africa and Southeast Asia while secretly supporting the kleptocratic practices of one of Africa's most corrupt regimes," the department said at the time.

The sanctions freeze any potential U.S. assets and ban American citizens from doing business with her.

A former senator and advisor to the Commerce Ministry, Nalinee also holds a master's degree in public administration from Harvard University, according to her website. She also served on the board of directors for several Thai companies.

Seeking to calm the criticism, Nalinee called a news conference over the weekend and said that she met Mugabe and his wife during an official visit to Thailand in 2002. On subsequent visits, she had "social relations" with the couple but "no business transactions at all."

"I never thought a friendship could have had such a tremendous impact on my life, especially when I stepped into the political arena," she said.

Nalinee is a member of the ruling Pheu Thai Party, which is led by Yingluck and closely allied to her brother, deposed Prime Minister Thaksin Shinawatra. Critics say the current government is stacked with Thaksin's political and business allies and call Yingluck a proxy for her brother.

Deputy government spokesman Anusorn Eiamsa-ard defended Nalinee as "a person of great expertise and experience," saying she had been thoroughly vetted before being named to the Cabinet. He said she has tried to explain herself to U.S. authorities and dismissed the blacklisting as "one-sided."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-01-25-AS-Thailand-National-Image/id-5ffc810d43d940dc94c04c6dba2a4bc9

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Tuesday, January 24, 2012

Pakistan rejects U.S. report on NATO attack (Reuters)

ISLAMABAD (Reuters) ? Pakistan's military on Monday rejected U.S. findings on a November 26 NATO cross-border air attack that killed 24 Pakistani soldiers, reducing the chances of a resolution of the dispute and an improvement in ties which are at their lowest in years.

"Pakistan does not agree with several portions and findings of the investigation report, as these are factually not correct," the military said in a statement after a detailed review of the U.S. investigation.

The U.S. report released on December 22 found both American and Pakistani forces were to blame for the incident near the Afghan border, inflaming already strained ties.

"Affixing partial responsibility of the incident on Pakistan is therefore unjustified and unacceptable," said the Pakistani military.

The U.S. military said it stood "100 percent" behind its investigation and Captain John Kirby, a Pentagon spokesman, noted that Pakistan declined to participate in the American probe.

Pakistan responded to the attack by shutting down ground routes to supply U.S.-led NATO forces in Afghanistan and forced the United States to vacate an air base used to launch drone flights.

"This is going to affect the relationship. The relationship was already in the doldrums, it was in bad shape. I don't know if it has the capacity to get any worse," said Mahmud Durrani, a retired Pakistan army major general.

"It's very unusual because normally allies fight side by side."

Last week, a senior Pakistani security official told Reuters the routes would be reopened, but heavy tariffs would be imposed.

"The fundamental cause of the incident of 26th November, 2011, was the failure of U.S./ISAF (International Security Assistance Force) to share its near-border operation with Pakistan at any level," said the Pakistani military.

The death of the Pakistani soldiers dug in along the mountainous, isolated border area, along with the initial NATO response, has incensed Pakistanis and marked yet another setback in the Obama administration's efforts to improve chronically troubled ties with an uneasy ally.

The U.S. military blamed Pakistani soldiers for firing at NATO forces as they prepared for a mission in the remote corner of eastern Afghanistan.

The U.S. investigation also conceded a critical error by U.S. troops, who told Pakistan the cross-border shooting was taking place about 9 miles away due to mapping error. Pakistan responded by saying it had no troops there.

Pakistan admitted that its posts engaged in "speculative fire", including the use of mortar bombs, which the U.S. interpreted as hostile fire.

But it denies that it fired in the direction of the Afghan and NATO forces and was instead firing at "suspected militant movement."

(Additional reporting by Rebecca and Chris Allbritton in Islamabad and Phil Stewart in Washington; Writing by Michael Georgy; Editing by Sanjeev Miglani and Cynthia Osterman)

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/nm/20120123/wl_nm/us_pakistan_usa

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Obama: World united to address Iran nuclear threat (AP)

WASHINGTON ? President Barack Obama is praising the Iranian oil embargo imposed by European nations Monday, and says that the U.S. will keep applying new penalties as well.

The U.S. added new sanctions Monday on Bank Tejerat (tee-JER-'at), which is Iran's third-largest bank. Although the U.S. does almost no business with Iranian financial institutions, U.S. sanctions help choke off Iran's access to the international banking system. Iran needs access to that system to get paid for its oil.

Obama has also approved new sanctions on Iran's powerful central bank that take effect later this year.

Obama claims global unity in confronting Iran over its disputed nuclear program, although several of Iran's large trading partners have refused to apply sanctions.

The U.S. claims Iran is preparing to build a bomb; Iran denies it.

Source: http://us.rd.yahoo.com/dailynews/rss/iran/*http%3A//news.yahoo.com/s/ap/20120123/ap_on_re_us/us_us_iran

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Monday, January 23, 2012

Rap group 2 Live Crew to reunite, tour this summer (AP)

PARK CITY, Utah ? The rap group that inspired controversy in the early 1990s with songs like "Me So Horny" is reuniting and hitting the road.

Luther Campbell says 2 Live Crew is back together and will tour this summer.

The rapper and producer made the announcement Saturday at the Sundance Film Festival, where he is promoting his appearance in the short film "The Life and Freaky Times of Uncle Luke."

Campbell describes the film as "an art piece" that he did to help young filmmakers who were inspired by his hip-hop work.

Campbell says he "just can't wait to just start practicing" with his old crew. But don't expect them to be "As Nasty As They Wanna Be."

Campbell says the group will "perform the songs and everybody's going to be excited."

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//news.yahoo.com/s/ap/20120121/ap_en_ot/us_film_sundance2_live_crew

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Missouri Meth Problem Causes House GOP to Consider Stricter Drug Sales (ContributorNetwork)

Missouri already has a law on the books that requires purchases of over-the-counter cold medications to be monitored by scanning someone's driver's license. The St. Louis Post-Dispatch reports Republicans in the Missouri House of Representatives have introduced a bill reducing the amount of pseudoephedrine consumers in Missouri can purchase per month and per year.

Here's a look at why the General Assembly is considering the legislation this year, based upon what Missouri's meth problem did in 2011.

Sheriff Busted for Dealing Meth

The New York Daily News reported in April that Tommy Adams was the sheriff of Carter County, a rural part of south central Missouri. He was arrested after two years on the job for trafficking meth.

Adams allegedly gave an informant the drug and then used it himself. He ran for sheriff in 2008 and won by a single vote when his Democratic opponent committed suicide two weeks before the election. Missouri officials became suspicious when meth raids fell dramatically in Adams' county, even though there has been a huge meth problem there in the past.

St. Charles County Requires Prescription

St. Charles County took matters into their own hands. Just west of St. Louis, St. Charles County required anyone within its borders to get a prescription for drugs containing pseudoephedrine beginning Aug. 30. The Columbia Missourian reported in late October that sales of the drugs increased in St. Louis County when the law went into effect.

Towns such as Bridgeton, Chesterfield and Maryland Heights all saw spikes in psuedoephedrine sales in September. That spike was attributed to citizens going to the next county over to get cold medication.

Meth Labs Top 2,100

Although official statistics have yet to be released, the Springfield News-Leader reports that meth lab busts in Missouri are expected to top 2,100 for 2011. That figure would push Missouri back into the number one state for meth production. Last year, the Show-Me State was second to Kentucky in meth busts after years of being in the top spot.

The Missouri State Highway Patrol will be looking to increase restrictions on ingredients for meth. This move comes even though drug companies are claiming cold medications will be taken away from law abiding citizens who simply want to get relief from cold and flu season.

Jefferson County's Situation

USA Today reports Jefferson County, just south of St. Louis, leads Missouri's meth lab busts. Through Nov. 28, that particular area of Missouri had 234 meth lab seizures of the official 1,744 busts across the state. That turns out to be over 13 percent of the statewide meth problem in just one county.

If the General Assembly passes the new bill introduced in the current session, new limits will be in place for the sale of pseudeoephedrine. Monthly limits in place now restrict consumers to purchasing nine grams of the drug per month and 108 grams per year. The new limits, if passed, would lower the monthly limit to 7.5 grams and the annual limit would be 75 grams. A measure last year to require a prescription state-wide passed the House but failed in the Missouri Senate.

William Browning, a lifelong Missouri resident, writes about local and state issues for the Yahoo! Contributor Network. Born in St. Louis, Browning earned his bachelor's degree in English from the University of Missouri. He currently resides in Branson.

Source: http://us.rd.yahoo.com/dailynews/rss/uscongress/*http%3A//news.yahoo.com/s/ac/20120123/us_ac/10870107_missouri_meth_problem_causes_house_gop_to_consider_stricter_drug_sales

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Sunday, January 22, 2012

Demjanjuk denied bid for 2nd US citizenship review (AP)

CLEVELAND ? A judge in Ohio won't offer convicted Nazi war criminal John Demjanjuk (dem-YAHN'-yuk) a second chance to regain his U.S. citizenship.

The retired Cleveland-area auto worker had asked federal Judge Dan Aaron Polster to reconsider his earlier ruling, but the request was rejected Friday. Polster said Demjanjuk's case doesn't warrant another review.

The 91-year-old Demjanjuk was convicted by a German court on more than 28,000 counts of accessory to murder and found he had worked as a guard at the Sobibor death camp.

He claims the government failed to disclose evidence including a 1985 secret FBI report uncovered by The Associated Press. The document questioned whether a Nazi ID card purportedly showing Demjanjuk served as a death camp guard was a Soviet fake. The judge overruled that claim.

Source: http://us.rd.yahoo.com/dailynews/rss/crime/*http%3A//news.yahoo.com/s/ap/20120120/ap_on_re_us/us_demjanjuk

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Fiery debate tops bizarre GOP campaign day in SC

Republican presidential candidates, former Massachusetts Gov. Mitt Romney gestures to former House Speaker Newt Gingrich at the Republican presidential candidate debate at the North Charleston Coliseum in Charleston, S.C., Thursday, Jan. 19, 2012. (AP Photo/David Goldman)

Republican presidential candidates, former Massachusetts Gov. Mitt Romney gestures to former House Speaker Newt Gingrich at the Republican presidential candidate debate at the North Charleston Coliseum in Charleston, S.C., Thursday, Jan. 19, 2012. (AP Photo/David Goldman)

Republican presidential candidates, former Massachusetts Gov. Mitt Romney and former House Speaker Newt Gingrich participate in the Republican presidential candidate debate at the North Charleston Coliseum in Charleston, S.C., Thursday, Jan. 19, 2012. (AP Photo/David Goldman)

Republican presidential candidates, former Pennsylvania Sen. Rick Santorum, former Massachusetts Gov. Mitt Romney, former House Speaker Newt Gingrich and Rep. Ron Paul, R-Texas, take the stage before the start of the Republican presidential candidate debate at the North Charleston Coliseum in Charleston, S.C., Thursday, Jan. 19, 2012. (AP Photo/Matt Rourke)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at the Republican presidential candidate debate at the North Charleston Coliseum in Charleston, S.C., Thursday, Jan. 19, 2012. (AP Photo/David Goldman)

Republican presidential candidates former Pennsylvania Sen. Rick Santorum, former Massachusetts Gov. Mitt Romney and former House Speaker Newt Gingrich shake hands before the start of the Republican presidential candidate debate at the North Charleston Coliseum in Charleston, S.C., Thursday, Jan. 19, 2012. (AP Photo/David Goldman)

(AP) ? The race for the Republican presidential nomination took a turn toward the South Carolina surreal Thursday as Rick Perry dropped out, Newt Gingrich faced stunning allegations from an ex-wife and Mitt Romney struggled to maintain a shaky front-runner's standing.

An aggressive evening debate capped the bewildering day.

Former Sen. Rick Santorum played aggressor for much of the night, trying to inject himself into what seemed increasingly like a two-way race with little more than a day remaining until the South Carolina polls open on Saturday. He accused Gingrich and Romney of "playing footsies with the left" when it came to health care. Both men rejected the allegations.

The debate began a few hours after first word that Romney had been stripped of his Iowa caucus victory, only to be stung a few hours later by Perry's withdrawal and endorsement of Gingrich.

Gingrich, in turn, was accused by an ex-wife of seeking an open marriage so he could keep his mistress.

"Newt's not perfect, but who among us is," said Perry, abruptly quitting the race just before the first-in-the-South primary.

His decision to end a once-promising candidacy left Romney, Gingrich, Santorum and Texas Rep. Ron Paul the remaining contenders in the race to pick a Republican to challenge Democratic President Barack Obama this fall.

Nine hours after Perry exited one stage, the four remaining contenders walked onto another for a final pre-primary debate.

Gingrich angrily denounced the news media for putting his ex-wife front and center in the final days of the race. "Let me be clear, the story is false," he said. Santorum, Romney and Paul steered well clear of the controversy. "Let's get onto the real issues, that's all I've got to say," said Romney, although he pointed out that he and his wife, Ann, have been married for 42 years.

The audience gave Gingrich a standing ovation when he assailed the media, a reaction he can only hope is reflected in voter sentiment on Saturday.

All four remaining GOP candidates lustily attacked Obama, while Santorum in particular sought to raise his own profile.

Introduced to the audience at the outset, he mentioned his change of fortunes in Iowa, where an evident eight-vote defeat in caucuses on Jan 3 was belated transformed into a 34-vote advantage ? though the Iowa Republican Party did not declare a winner.

Santorum jabbed at both Gingrich and Romney, but seemed to focus more attention on the former. If Gingrich is the party nominee, he said, "you sort of have that worrisome moment that something's going to pop. And we can't afford that in a nominee."

In a reflection of the complex political dynamics of the race, first Gingrich and then Santorum challenged Romney over his well-documented switch of position on abortion. Once a supporter of a woman's life to choose, he now says he is "pro-life."

Gingrich didn't exactly question Romney's change in position, but he didn't embrace it, either, saying, "He had an experience in a lab and became pro-life."

Romney bristled. "I'm not questioned on character or integrity very often. I don't feel like standing here for that."

Recent polls, coupled with Perry's endorsement, suggested Gingrich was the candidate with the momentum and Romney the one struggling to validate his standing as front-runner. Whatever else the impact, the day's events reduced the number of contenders vying to emerge as Romney's principal conservative alternative.

The former Massachusetts governor had other challenges in a state where unemployment approaches 10 percent. He adamantly refused to explain why some of his millions were invested in the Cayman Islands, how much was there or whether any other funds were held offshore.

Under pressure from his rivals to release his income tax returns before the weekend ? a demand first made by Perry in a debate on Monday ? he told reporters it wouldn't happen. "You'll hear more about that. April," he said, a position he renewed during the debate to jeers from the audience.

Gingrich pursued an approach Perry used in the earlier debate.

"If there's anything that's in there that's going to help us lose the election, we should know before the election. If there's not, why not release it?" he said.

Gingrich released his own tax return during the day, reporting that he paid the IRS $613,517 in taxes on more than $3.1 million in income. He also donated about 2 percent of his income to charity.

His effective tax rate, roughly 31.6 percent of his adjusted income, was about double what Romney told reporters earlier this week he had paid.

Gingrich grappled with problems of a different, possibly even more crippling sort in a state where more than half the Republican electorate is evangelical.

In an interview scheduled to air on ABC News, Marianne Gingrich said her ex-husband had wanted an "open marriage" so he could have both a wife and a mistress. She said Gingrich conducted an affair with Callista Bistek ? his current wife ? "in my bedroom in our apartment in Washington" while she was elsewhere.

"He was asking to have an open marriage and I refused. That is not a marriage," she said in excerpts released by the network in advance of the program.

He said his two daughters from the first of his three marriages ? the ex-wife making the accusations was the second of three ? had sent a letter to ABC "complaining about this as tawdry and inappropriate."

In fact, the letter made no such accusations. Instead, Kathy Lubbers and Jackie Cushman wrote ABC that anyone who has endured a failed marriage "understands it is a personal tragedy filled with regrets, and sometimes differing memories of events."

Those weren't the only political events in the run-up to the Saturday primary. Television commercials for the remaining candidates and their allies ran virtually without letup, generally designed to diminish each other's support.

According to information made available to The Associated Press, targeted viewers in most regions of the state were watching an average of about six commercials a day paid for by Romney's campaign and Restore Our Future, a group supporting him. Gingrich, Paul, Santorum and their backers raised the total higher.

Santorum ran commercials likening Romney to Obama; Gingrich's cast the former speaker as the only candidate who could defeat the president this fall. In a sign of the shifting campaign, Restore Our Future stopped attacking Santorum so it could concentrate its fire on Gingrich.

Santorum, whose fortunes have ebbed since what appeared to be a narrow loss in Iowa, pronounced himself the winner there after all when state party officials in Des Moines announced he had finished 34 votes ahead of Romney instead of eight behind.

"There have been two contests. We won one," he said, and he proceeded to ridicule Romney and Gingrich as weak challengers to Obama. "How can you differentiate ourselves on the major issues of the day if we nominate tweedledum and tweedledee instead of someone who stood up and said, 'No'?" he said to one audience, referring to his opposition to a requirement to purchase health care coverage.

Iowa Republican chairman Matt Strawn said the party would not name an official winner because the results were so close and some votes couldn't be counted. Results from eight of the state's 1,774 precincts were not certified to the state party by Wednesday's 5 p.m. deadline.

It was Strawn who had stepped before a microphone shortly before 2 a.m. in Des Moines on Jan. 4 to declare Romney the victor.

That announcement propelled the former Massachusetts governor into New Hampshire, where he breezed to victory in the opening primary of the campaign a week later.

He arrived in South Carolina the following day, front-runner then for sure, now more shakily so.

Perry's withdrawal mimicked one earlier in the week by former Utah Gov. Jon Huntsman in that they both quit a few hours before a debate.

The similarities ended there, though. Huntsman endorsed Romney.

Perry had other thoughts, calling Gingrich a "conservative visionary who can transform our country."

Echoing words Huntsman said of Romney, Perry said he and Gingrich had their differences.

And in saying the former speaker was not perfect, he sought to provide political cover of a type that might reassure South Carolina voters for whom religious values are important.

"The fact is, there is forgiveness for those who seek God and I believe in the power of redemption, for it is a central tenet of my own Christian faith," Perry said.

His decision to withdraw set off a scramble among the remaining contenders for the allegiance of his supporters and donors, both in the state and nationally.

State Rep. Chip Limehouse of Charleston said he was expecting to speak by phone with both Romney and Gingrich later in the day before making up his mind.

"I'm looking and I really do think tonight's debate will determine the next president of the United States. That's how important it is," Peeler said.

Perry's exit marked the end of a campaign that began with soaring expectations but quickly faded. He shot to the head of the public opinion polls when he announced his candidacy last summer, but a string of poor debate performances soon led to a decline in support.

His defining moment came at one debate when he unaccountably could not recall the third of three federal agencies he has promised to abolish. He joked about it afterward but never recovered from the fumble.

In his farewell appearance as a candidate, he said he was bowing out of the 2012 campaign, seemingly a hint he would run again in four years if Republicans fail to win the White House this time.

An aide, Ray Sullivan was more explicit, telling reporters Perry hasn't ruled out running for governor again or for the White House in 2016 if Obama is re-elected.

___

Associated Press writers Thomas Beaumont, Beth Fouhy, Philip Elliott, Kasie Hunt and Shannon McCaffrey in South Carolina contributed to this story.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-01-19-GOP%20Campaign/id-1ef2e87af7dd41738a96067582a86cca

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Saturday, January 21, 2012

In Bain deals, Romney gave stock to Mormon church (Reuters)

WASHINGTON (Reuters) ? Using a practice that made him eligible for large tax deductions, Mitt Romney gave the Mormon church substantial stock holdings that he obtained through his private equity firm, according to documents filed with the government and to Romney associates.

The tactic used by Romney to help meet his Mormon obligation of "tithing" - in which members donate 10 percent of their income to the church - is a common way for wealthy Americans to make large donations to charities, tax specialists say.

But against the backdrop of a Republican presidential campaign in which Romney is being pressured to reveal his tax returns and further details on his vast wealth, the donations shed light on the tax strategies of Romney and others at Bain Capital, the private equity firm he co-founded in 1984.

Romney, a former Massachusetts governor, is the early frontrunner in the state-by-state contest to pick a Republican candidate to run against Democrat Barack Obama in the November presidential election.

Filings with the U.S. Securities and Exchange Commission indicate that Romney and others at Bain have given "appreciated stock" to the church and various charities, which gives the donors potentially generous tax benefits.

The SEC records, which cover a period from 1997 to 2008, reveal several donations worth millions of dollars of stock in Bain deals to the Church of Jesus Christ of Latter-day Saints.

The records do not say precisely how much was donated by Romney. He left Bain in 1999 but continued to have ties to some of the firm's deals because part of his estimated $270 million fortune is invested in funds linked to Bain.

His staff acknowledges that Romney, who has been active in the Mormon Church, has donated stock from Bain deals to the church but would not say how much.

The SEC filings indicate that donations to the church in stock from Bain deals reached well into the millions of dollars.

They include a gift of nearly $2 million in Burger King stock in February 2007 generated by a Bain deal.

In another donation, the Mormon church received what SEC filings and stock pricing records indicate was $1.3 million of stock in a company called Innophos Holdings in June 2008.

The church received an estimated $1 million in Domino's Pizza stock in 2004, in yet another donation.

Tax analysts said churches and charities who receive such stock donations usually sell them, tax-free, for cash shortly after receiving them. Mormon church officials indicated this was the church's practice.

Tax analysts said the donation method used by Romney and Bain generally worked like this:

Romney was eligible to invest in the stock of companies that were being restructured by Bain. Romney and other Bain investors usually were able to purchase the stock at very low prices.

Through the years, such stock may appreciate in value, sometimes considerably.

The analysts said that if Romney and others at Bain got a stock cheap and eventually donated it to a church or charity without cashing in the stock, then they could get two tax benefits.

First, they would not have to pay capital gains tax on the appreciated value of the stock, which they would have to do if they sold the stock and either pocketed or donated the proceeds.

Second, they might be able to deduct all, or at least part of, the value of the donated stock from their taxable income.

Such a move can save wealthy donors millions of dollars, the analysts said.

"Ordinarily when you dispose of something that has appreciated in value you have a taxable gain on which you pay tax," said Robert Willens, a Wall Street tax specialist. "This is one of the most prominent situations where you can dispose of appreciated property and avoid paying tax on the gain."

Another tax specialist, Michael J. Cooney of the Nixon Peabody law firm, said that such arrangements have become "pretty common."

"The great American invention in charitable giving, which is slowly catching on in the rest of the world, is the concept of giving appreciated property, commonly soon-to-be-publicly traded stock, to charity," Cooney said.

TITHING TO THE CHURCH

The SEC filings show shares in Bain deals being given to Corporation of the President of the Church of Jesus Christ of Latter-day Saints.

A spokesman for the Mormon church said the corporation is the entity to which Mormons commonly donate tithed funds and assets for the church's use.

Spokesmen for Romney's campaign and the Mormon church said Romney was not the only Mormon who worked at Bain and who donated appreciated stock to the church.

"Not all the shares you see (in SEC filings) can be attributed to Mitt, as there are other Mormon members of the firm who may also have been making donations to the church of personal shares owned by them," said Eric Fehrnstrom, a top aide to Romney.

Fehrnstrom said some of Romney's donations to the church went through the Tyler Charitable Foundation, a Romney family charity that has donated millions of dollars to the church during the past five years.

Other contributions to the church, Fehrnstrom said, have been "donations of stock through Bain."

"These are personal donations, not payments from Bain," said Fehrnstrom, who said Romney "regularly tithes to his church."

A TAX STRATEGY

A stock donation to the Mormon Church during the 1990s - when Romney was in charge at Bain Capital - shows how the donor might have booked significant tax savings.

In the transaction, the church received 93,668 shares of Wesley Jessen VisionCare Inc, a contact lens company.

The church sold the shares for $22.325 each, after an underwriting commission, according to a Wesley Jessen prospectus dated August 19, 1997. The shares had appreciated more than 50-fold since being acquired by Bain Capital Funds two years earlier at a cost of 43.4 cents a share, according to data in a Wesley Jessen prospectus filed with the SEC on February 13, 1997.

If Romney or another Bain partner or employee had cashed in the shares, they would have been taxed on the $21.89 per share gain, or $2.05 million.

Instead, the donor of the shares to the Mormon church avoided tax on the substantial capital gain and would have been able to count some or all of the $2.09 million of stock given to the church as a tax-deductible charitable contribution.

(Editing by David Lindsey and David Storey.)

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/nm/20120119/ts_nm/us_usa_campaign_romney_donations

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Friday, January 20, 2012

High risk oesophageal cancer gene discovered

High risk oesophageal cancer gene discovered [ Back to EurekAlert! ] Public release date: 19-Jan-2012
[ | E-mail | Share Share ]

Contact: Kerry Noble
k.noble@qmul.ac.uk
44-020-788-27943
Queen Mary, University of London

New research from Queen Mary, University of London has uncovered a gene which plays a key role in the development of oesophageal cancer (cancer of the gullet).

The researchers studied families who suffer a rare inherited condition making them highly susceptible to the disease and found that a fault in a single gene was responsible.

Initial studies suggest that the gene could play a role in the more common, non-inherited form of the disease, revealing a new target for treating this aggressive type of cancer.

Oesophageal cancer affects more than 8,000 people each year in the UK and rates are rising. It is more common in the UK than anywhere else in Europe.

Survival rates are poor compared to other types of cancer with only eight per cent of people alive five years after diagnosis. Scientists know little about how oesophageal cancer develops and very few drugs for targeting the disease are currently available.

The new study was led by Professor David Kelsell from Queen Mary, University of London with collaborators from the University of Dundee and the University of Liverpool.

The research concentrated on three families with a hereditary condition called tylosis with oesophageal cancer. This condition affects the skin and mouth and sufferers have a 95 per cent chance of developing oesophageal cancer by the age of 65.

The research revealed that all three families carried a faulty version of a gene called RHBDF2.

Experiments showed that this gene plays an important role in how cells that line the oesophagus, and cells in the skin, respond to injury. When the gene is functioning normally it ensures that cells grow and divide in a controlled fashion to help heal a wound.

However, in tylosis patients' cells, and in cells from oesophageal cancers, the gene malfunctions. This allows cells to divide and grow uncontrollably, causing cancer.

Professor Kelsell explains: "In studying this relatively rare condition, we have made an important dicovery about a cancer that is all too common. Finding a genetic cause for this aggressive cancer, and understanding what that gene is doing, is an enormous step forward.

"By analysing the complex biology which causes a particular type of cancer we begin to understand which treatments might be effective and also which treatments are unlikely to help."

###

The study was funded by Queen Mary Innovations and Cancer Research UK. Professor Kelsell has also received new funding from Barts and The London Charity to continue this research.



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

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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.


High risk oesophageal cancer gene discovered [ Back to EurekAlert! ] Public release date: 19-Jan-2012
[ | E-mail | Share Share ]

Contact: Kerry Noble
k.noble@qmul.ac.uk
44-020-788-27943
Queen Mary, University of London

New research from Queen Mary, University of London has uncovered a gene which plays a key role in the development of oesophageal cancer (cancer of the gullet).

The researchers studied families who suffer a rare inherited condition making them highly susceptible to the disease and found that a fault in a single gene was responsible.

Initial studies suggest that the gene could play a role in the more common, non-inherited form of the disease, revealing a new target for treating this aggressive type of cancer.

Oesophageal cancer affects more than 8,000 people each year in the UK and rates are rising. It is more common in the UK than anywhere else in Europe.

Survival rates are poor compared to other types of cancer with only eight per cent of people alive five years after diagnosis. Scientists know little about how oesophageal cancer develops and very few drugs for targeting the disease are currently available.

The new study was led by Professor David Kelsell from Queen Mary, University of London with collaborators from the University of Dundee and the University of Liverpool.

The research concentrated on three families with a hereditary condition called tylosis with oesophageal cancer. This condition affects the skin and mouth and sufferers have a 95 per cent chance of developing oesophageal cancer by the age of 65.

The research revealed that all three families carried a faulty version of a gene called RHBDF2.

Experiments showed that this gene plays an important role in how cells that line the oesophagus, and cells in the skin, respond to injury. When the gene is functioning normally it ensures that cells grow and divide in a controlled fashion to help heal a wound.

However, in tylosis patients' cells, and in cells from oesophageal cancers, the gene malfunctions. This allows cells to divide and grow uncontrollably, causing cancer.

Professor Kelsell explains: "In studying this relatively rare condition, we have made an important dicovery about a cancer that is all too common. Finding a genetic cause for this aggressive cancer, and understanding what that gene is doing, is an enormous step forward.

"By analysing the complex biology which causes a particular type of cancer we begin to understand which treatments might be effective and also which treatments are unlikely to help."

###

The study was funded by Queen Mary Innovations and Cancer Research UK. Professor Kelsell has also received new funding from Barts and The London Charity to continue this research.



[ 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/2012-01/qmuo-hro011812.php

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