Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/334055162?client_source=feed&format=rss
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Monday, October 14, 2013
Saturday, October 12, 2013
Italy's PM says Alitalia should enter alliance quickly: report
MILAN (Reuters) - The investment of state-owned Poste in Alitalia is an emergency move to keep the struggling airline in business and allow it to search for foreign partners without humiliating itself, Italy's Prime Minister Enrico Letta told an Italian daily.
The carrier should now enter a international alliance as soon as possible and change radically its business strategy, Letta was quoted as saying by Il Sole 24 Ore on Saturday.
"Alitalia should negotiate, without the hat in hand, to enter a large international alliance," Letta said according to the newspaper, adding, "Let's do it quickly."
The near-bankrupt carrier was thrown a lifeline on Friday when its board members - including cautious top shareholder Air France-KLM - approved a capital increase as part of a government-led 500-million-euro bailout.
Italy's Post office agreed to put in 75 million euros ($102 million)for any unsubscribed shares in a 300-million-euro capital increase offered to existing shareholders, while banks Intesa Sanpaolo
Letta defended the government's choice, saying the investment by Poste was not a public intervention to bring the former flagship carrier under state control, but an emergency move to foster shareholders to be responsible.
"The intervention of Poste forced the private (shareholders) to invest to keep Alitalia in business and to give it a future," he was quote as saying.
A radical change of the carrier's business plan is now a priority, he said.
"Stop with a model that imply Alitalia going alone, that considers the carrier like a person with noble origins now in disgrace," Letta said.
Top shareholder Air France-KLM, with a 25 percent stake and in the middle of its own restructuring, said it would only make a decision on whether to take part in the cash call after Alitalia's shareholder meeting scheduled for Monday.
($1 = 0.7373 euros)
(Reporting by Francesca Landini; editing by Ron Askew)
Source: http://news.yahoo.com/italys-pm-says-alitalia-enter-alliance-quickly-report-101244857--finance.html
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Thursday, October 10, 2013
New gadget frees mobile TV from blocky attachment
LOS ANGELES (AP) — A new gadget lets you watch TV on your phone or tablet without a blocky attachment.
Audiovox's "mobiletv" gizmo allows you to pick up free TV signals and watch them on Apple and Android mobile devices without eating into your cellular data plan. The accessory doesn't have to be attached to the mobile device physically. Previous mobile TV antennas could hang precariously from the charging port.
The consumer electronics maker's device, which costs $130, can be set up within 25 feet of your tablet or smartphone — on a windowsill, for example, if you're in a building. It works over Wi-Fi and lets consumers watch major broadcast networks like ABC, NBC, Fox, CBS, PBS, Telemundo and Ion using the Dyle Mobile TV app. The app is downloadable for free from Apple's App Store or Android's Google.
The networks and TV stations that are available differ in each of the 38 markets where Dyle operates, such as New York and Los Angeles, so you should check www.dyle.tv before buying. Not every TV station sends out the kind of TV signals that can be captured by mobile antennas. For now, these signals allow for images that have a relatively fuzzy resolution of 416 by 240 pixels, although work is being done to boost the quality.
Unfortunately, watching TV this way blocks you from surfing the Web or pulling down fresh emails at the same. But a planned future software update is meant to make that possible.
The gizmo weighs less than 2 ounces and lasts four hours without being plugged in via its USB charger. The company says it fits in your pocket. It has a retractable antenna that extends to 6 inches and works even while in a moving vehicle.
Such devices are geared toward consumers who either don't want to pay for TV or want to get around the blackouts that are common in fee disputes between content owners and pay TV distributors.
Salil Dalvi, co-general manager of the Mobile Content Venture, which operates Dyle, said the technology could also be used by pay TV channel operators that want to reach mobile viewers who are worried about exceeding their monthly data limits.
The Mobile Content Venture is a joint venture of 12 major TV station owners as well as broadcast networks Fox, Ion and NBC.
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Thursday, May 16, 2013
Romanian artist takes his art on the street
May 15 (Reuters) - Post positions for the 138th running of the Preakness Stakes, to be run at Pimlico on Saturday (Post Position, Horse, Jockey, Trainer, Odds) 1. Orb, Joel Rosario, Shug McGaughey, even 2. Goldencents, Kevin Krigger, Doug O'Neill, 8-1 3. Titletown Five, Julien Leparoux, D. Wayne Lukas, 30-1 4. Departing, Brian Hernandez, Al Stall, 6-1 5. Mylute, Rosie Napravnik, Tom Amoss, 5-1 6. Oxbow, Gary Stevens, D. Wayne Lukas, 15-1 7. Will Take Charge, Mike Smith, D. Wayne Lukas, 12-1 8. Govenor Charlie, Martin Garcia, Bob Baffert, 12-1 9. ...
Source: http://news.yahoo.com/romanian-artist-takes-art-street-101932153.html
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What Empty Nesters are Looking for in a New Home When they ...
The Baby Boomer Generation is the largest age group of our population. These retirees, or soon to be retirees, are also looking to downsize from their current homes, and looking to purchase or build ones that are specific to their new needs and lifestyles. These buyers are very specific in their desires and needs. I met recently with Realtor Simon Fitzpatrick with Simon Fitzpatrick Exceptional Properties?in Fairfield, CT. We spoke about the specific needs of this group of home buyers.
As these retirees pack up their large homes, many of which have seen the arrival of babies as well as the departure of these same babies, now all grown up and off to college or with families of their own, they will be wanting many of of their material possessions that will be traveling with them. So for this group, storage space is of the utmost importance. In this part of the country, a New York City suburb, the average size home desired by these retirees is roughly 2,500 ? 3,000 square feet. This number does vary in different parts of the county. This generation wants their space to feel contained, but manageable.
This is a wealthy generation. They have worked hard and saved well. Their retirement funds are healthy and they have money to spend on their new homes. Any income, however, generated from the sale of their past home, will not go towards the purchase of the new home. It will, instead be put towards their retirement accounts. For this generation of buyers, this home purchase is no longer for investment purposes. They want convenience and simplicity. They are looking for high end,?turnkey?homes.
A well laid out kitchen and floor plan, for instance, are a must. Baby Boomers want updated homes, with new kitchens that boast high end finishes, and lots of counter and storage space. Granite counters and stainless steel appliances are hugely popular, as are open floor plans, where kitchens open up to family rooms. Because this generation grew up with dining rooms, they prefer those homes that have them.
Master bedrooms on the first level, which is quite a rare find these days, are a must. Master bathrooms, as well as half or guest bathrooms on the main level are also in demand. These grandparents, or soon to be grandparents are also looking to buy a home that can?accommodate?their children and grandchildren, therefore they are still looking for the 3 to 4 bedroom home, with the guest rooms on the second floor. Often a spare bedroom is converted into a home office. Finished basements are also popular as a means for storage as well as a place for the children to play. Basements tend to be much more popular than attics, either walk-ups or pull downs.
Bathrooms need to be bright and showers are a must. As these retirees get older, getting in and out of bathtubs gets harder and harder. Additionally, a bathtub is needed in one of the bathrooms for young grandchildren. Master bathrooms should to be equipped with walk-in showers, the larger the better. Home builders might think about adding railings or handle bars as well. Storage space for linens and medicine is equally as important. These bathrooms should have generously sized linen closets, and as much above the sink storage as possible to alleviate the need to bend down, which can also get tougher with age.
This generation wants their homes to be problem-free; no mold, water or other potentially significant issues. Efficiency is also extremely important. Roofs should be new, as should windows, and the home should be well insulated. Where many do not want carpeting in their homes, the Baby Boomer generation does. It provides softness, warmth and is safer than the harder surfaces.
Wider hallways and doors, allowing for wheelchairs, are also a welcome feature. The fewer stairs, the better, as well. And, unless a condo or townhouse is new, with an elevator in place, they, as a general rule of thumb, will not work due to all the stairs required to get to the upper floors. This generation wants a garage, but doesn?t need a long driveway.
Gated communities, and I do not necessarily mean retirement communities, are quite popular. Homes within these communities typically less property to maintain, which is a huge draw for this set. Often are the properties are maintained for them. These communities offer spacious living with enough privacy but without feeling too alienated. Patios and verandas are desired. In these communities, they can be with people of their own ilk and maintain a social life. These communities often have swimming pools, tennis courts and gymnasiums for those who find it important to keep fit.
Another important factor is location. Empty Nesters prefer to be in or close to town. The want easy access to culture and restaurants. They want to get out and enjoy themselves and live and active lifestyle without having to drive too far. School systems are not at all important to them, but medical access and hospital location often is.
Source: http://freshome.com/2013/05/15/what-empty-nesters-are-looking-for-when-they-downsize/
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Wednesday, May 15, 2013
US Navy's X-47B is the first unmanned plane launched from an aircraft carrier (video)
After limbering up with taxi tests since December, the X-47B unmanned combat air system has finally taken off from an aircraft carrier, making it the first pilotless plane to have successfully done so, and with a catapult launch to boot. Despite the craft's ability to fly on its own, it was controlled by a human aboard the George H.W. Bush after it was flung from the ship. Once in the air, the Northrop Grumman-built craft was guided back for a landing on a runway planted on terra firm. Now that the bird's proved it can handle launches at sea, other excursions will put the automatic navigation and landing features through their paces. Hit the break for a video of the X-47B taking to the skies.
Filed under: Misc, Transportation
Source: IEEE Spectrum, US Navy (YouTube)
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US-INDUSTRY Summary
In uproar over U.S. seizure of AP records, focus turns to Holder
WASHINGTON (Reuters) - U.S. Attorney General Eric Holder was likely to face a storm of questions on Tuesday over the Justice Department's controversial decision to seize telephone records of the Associated Press, a move denounced by critics as a gross intrusion into freedom of the press. The episode has created an uproar in Washington and led to questions over how the Obama administration is balancing the need for national security with privacy rights.
U.S. hedge fund calls for Sony Entertainment spin-off
TOKYO (Reuters) - Billionaire hedge fund investor Daniel Loeb on Tuesday called on Sony Corp to spin off its lucrative entertainment arm, setting the stage for a clash between his activist Wall Street fund and management at the Japanese electronics maker. Loeb said his Third Point hedge fund had accumulated a little more than 6 percent of Sony's shares - a stake worth $1.1 billion - making it the largest stakeholder in the inventor of the Walkman portable music player and Trinitron TV.
Britain charges reporter on Murdoch's Sun in corruption probe
LONDON (Reuters) - British prosecutors have charged a reporter on Rupert Murdoch's Sun newspaper over alleged payments of more than 17,000 pounds ($26,000) to officials for details of confidential government spending plans. The charges are part of a wide-ranging police investigation begun two years ago into claims journalists from Murdoch's now-defunct News of the World newspaper had hacked into mobile phone voicemail messages.
Murdoch's The Sun tabloid to charge two pounds for online access
LONDON (Reuters) - Rupert Murdoch's British tabloid The Sun will charge two pounds ($3) a week for access to its website in a package with highlights of Premier League soccer matches, publisher News International (NI) said on Monday. The Sun, the country's top-selling newspaper, was the only one of Murdoch's British titles to have content freely available online after The Times and The Sunday Times went behind a paywall in 2010.
U.S. broadcast TV ratings slide pressures ad rates at "upfronts"
(Reuters) - U.S. broadcast networks head into their biggest ad-selling season this week, competing with streaming services like Netflix, battling online players for ad dollars, and fending off hits starring zombies and duck hunters on cable. The increased competition will force ABC, CBS, Fox and NBC to settle for their lowest average rate hikes in three years during the "upfront" selling season, Wall Street analysts say.
Exclusive: SoftBank asks banks not to finance Dish's Sprint bid
NEW YORK (Reuters) - SoftBank Corp is playing it rough in its attempt to keep Dish Network Corp from breaking up its $20.1 billion deal to take control of Sprint Nextel Corp. The Japanese telecom company, which owns 33 percent of Alibaba Group Holding Ltd, has told banks that their financing of Dish's $25.5 billion rival offer for Sprint could hurt their chances of landing a role in a highly anticipated public offering of the Chinese e-commerce giant, two sources familiar with the situation said.
Ergen could end up selling Dish if he doesn't win Sprint
NEW YORK (Reuters) - Dish Network Corp Chairman Charlie Ergen said he could end up putting the entire satellite TV company up for sale if he lost his battle with Japan's SoftBank Corp to buy Sprint Nextel Corp. But the Dish chairman said on a conference call with analysts that he could also take on a bidding partner or even sell some non-core Dish assets to pay down debt if a bidding war with Softbank became too pricey.
YouTube starts paid subscription service
(Reuters) - Google's YouTube video service is dipping its toe into pay television by starting on Thursday a subscription service with 30 content creators, including children's programmers Sesame Street and Muppet creator The Jim Henson Co, and the Ultimate Fighting Championship. YouTube, the world's largest video website, allows creators to set subscription fees and accept advertisements, at their discretion, for the channels they create.
"Walking Dead" breathes life into AMC results
(Reuters) - AMC Networks Inc reported quarterly results above analysts' estimates as more people watched the cable operator's shows, particularly "The Walking Dead". Viewership of The Walking Dead's third season jumped 55 percent from that of the previous season. The season finale in March was watched by 12.4 million viewers, including 8.1 million from the 18-49 demographic coveted by advertisers.
Italy antitrust body rejects Mediaset claims against Sky Italia
MILAN (Reuters) - Italy's antitrust authority, AGCOM, has rejected claims by Mediaset that pay-TV rival Sky Italia abused its dominant position in buying exclusive UEFA and World Cup soccer rights, the regulator said on Thursday. In a statement, AGCOM said Sky Italia, a unit of Rupert Murdoch's News Corp, had acquired 2012-2015 rights for the Champions League of the Union of European Football Associations after a competitive process.
Source: http://news.yahoo.com/us-industry-summary-001437274.html
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