Sunday 20 November 2011

Hearing airs tribes' issues with Internet gambling (AP)

WASHINGTON ? Native Americans say they want the ability to compete for money and jobs generated by Internet gambling if Congress legalizes it. But they don't want to lose their sovereignty to get it.

The Senate Indian Affairs Committee held a hearing Thursday about tribes' concerns over Internet gambling, which has been banned in the U.S. since 2006. Many people have been playing at offshore sites anyway.

Committee Chairman Daniel Akaka of Hawaii says Internet gambling is getting more attention as Congress seeks more revenue sources and looks for ways to create more jobs. Some bills have been proposed in the House, but tribes say no legislation protects their interests so far, including protecting any money they make from being taxed.

Source: http://us.rd.yahoo.com/dailynews/rss/uscongress/*http%3A//news.yahoo.com/s/ap/20111117/ap_on_go_co/us_native_americans_internet_gambling

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Saturday 19 November 2011

Friday 18 November 2011

Berkeley Shooting Victim Dead: UC Business School Student Shot By Police Dies In Hospital

BERKELEY, Calif. -- An alleged gunman who was shot by police on the University of California, Berkeley campus died at a hospital hours after the confrontation, a university spokesman said Wednesday.

The man was an undergraduate transfer student in his early 30s who was attending classes at the Haas School of Business, spokesman Dan Mogulof said.

University officials said a female staff member saw a man carrying what appeared to be a gun in an elevator at the business school after 2 p.m. on Tuesday. The staff member called police at 2:17 p.m., saying she saw the man remove the gun from a backpack.

Police officers tracked the suspect into a Haas computer room. The suspect raised the gun and was shot by an officer at about 2:22 p.m., roughly five minutes after the initial call, according to the school.

At the time, four students were between the officer and the suspect, UC Chancellor Robert Birgeneau said Tuesday. None of the students was hurt.

Shortly before 3 p.m., the university issued a campus alert about the shooting to students, saying "everything was under control." Another at 3:03 p.m. said one suspect was in custody.

It was the first shooting since the 1980s on the campus, police said.

Mogulof said Wednesday that the suspect was taken to an Oakland hospital, where he died later Tuesday. Mogulof did not release the man's name.

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Source: http://www.huffingtonpost.com/2011/11/16/uc-berkeley-shooting-victim-dies_n_1097662.html

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PFT: Broncos' McGahee questionable for Jets game

New Orleans Saints v Atlanta FalconsGetty Images

With 3326 passing yards through ten games, Saints quarterback Drew Brees remains on pace to obliterate the single-season yardage record, set 27 years ago by Dan Marino.

Marino threw for 5,084.? Brees is on track for 5,321.

But Brees says he?s not thinking about it, in part because he chased that record (and nearly broke it) three years ago, when he finished with 5,069.

?I feel very different this year than I did back in 2008 in regards to this Marino thing,? Brees said Wednesday, in comments distributed by the team.? ?I think back in ?08, maybe because it was the first time that any of us had really been close to that record in a long time.? As I recall, Kurt Warner was on pace at one point.? Back in ?08, it seemed like every week it was a topic of discussion.? That was the first time I had been a part of anything like that.? For me, I tried not to make it stressful but it was hard not to think about it because people would always talk about it especially when we got down to the final two games where we had to average almost 380 [yards] a game in order to get to the record and we almost did it.? Maybe because I have been through that before, I am really not thinking about it or letting it creep into my mind all that often.?

Brees said that, with winning the only concern, he doesn?t keep track of his passing stats.? ?I am just so focused on winning games and doing whatever it takes to win the game,? Brees said.? ?Even this game against Atlanta, when somebody said I had thrown for 322 yards I was shocked.? I didn?t feel like it was that kind of a game.? It didn?t feel to me like a game that we were throwing it a lot and weren?t running it a lot but when you look at the stat book at the end of the game that is the way it turned out. . . .

?I think the way this season started, there were like six guys on pace to break Marino?s record after the first four or five games.? It seemed like this one of those crazy years where teams are throwing it a lot.? I think as the year goes on situations changes. Some people stay on pace and others don?t.? I really haven?t given it a lot of thought other doing whatever it takes to win.?

Though Patriots quarterback Tom Brady has fewer yards that Brees (3,032), Brady has played one less game.? And Brady currently is on pace for 5,390.

So if those patterns hold, Brees will indeed break Marino?s record.? But Brady, not Brees, will hold the record going forward.

Source: http://profootballtalk.nbcsports.com/2011/11/16/mcgahee-questionable-for-thursday/related/

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Thursday 17 November 2011

NASA budget plan saves telescope, cuts space taxis (Reuters)

HOUSTON (Reuters) ? A compromise spending plan for NASA preserves the over-budget replacement for the Hubble Space Telescope and halves President Barack Obama's request for money to spur development of commercial space taxis, officials said on Tuesday.

Overall, the U.S. space agency would receive $17.8 billion for the fiscal year that began October 1 - $924 million less than the White House requested and $684 million less than it received this year.

The compromise, approved by a House and Senate conference committee, is part of a "minibus" appropriations bill that also includes the National Oceanic and Atmospheric Administration and the Federal Aviation Administration's Office of Commercial Space Transportation. The full House is expected to consider the bill on Wednesday.

The spending plan, which was posted on a Congressional website on Tuesday, authorizes $3.8 billion for human space exploration programs, including $1.9 billion for a proposed heavy-lift rocket and $1.2 billion for a deep space capsule to fly astronauts to the moon, asteroids and other destinations in the inner solar system as a follow-on program to the International Space Station.

A House bid to cancel NASA's over-budget James Webb Space Telescope, a successor to the Hubble Space Telescope, was scuttled, though the compromise bill caps spending on the program at $8 billion.

Overall, NASA's science programs would receive $5.1 billion, about $155 million more than its 2011 budget. About $530 million of that amount would go toward the Webb telescope.

NASA has said it would delay other science programs to keep the telescope on track for launch in 2018.

The bill cuts Obama's request for $850 million to speed up development of commercial passenger spaceships to $406 million.

"We're always appreciative of whatever dollars the appropriators appropriate to us," Kathy Nado, a manager at NASA headquarters, said at the American Astronautical Society meeting in Houston. "Whatever dollars they give us we will be able to effectively spend."

The agency is currently funding space taxi development work at Boeing and three privately held companies - Space Exploration Technologies, Sierra Nevada Corp., and Blue Origin. It had hoped for enough money to keep at least two and possibly three teams working on spaceships that could ferry astronauts to the space station, a $100 billion laboratory that flies about 240 miles above Earth.

Since the space shuttle program ended this summer, the United States has been dependent on Russia to fly crews to the station, at a cost of more than $50 million per person. NASA had hoped for a U.S. alternative by 2016.

Nado declined to say how the shortfall would affect NASA's spending on space taxis.

The bill adds $470 million to NASA's budget to cover costs of terminating a pension fund for workers who were employed by prime shuttle contractor United Space Alliance, a joint venture of Boeing and Lockheed Martin Corp.

(Editing by Paul Simao)

Source: http://us.rd.yahoo.com/dailynews/rss/science/*http%3A//news.yahoo.com/s/nm/20111116/sc_nm/us_usa_space_budget

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Wednesday 16 November 2011

Hysterectomy increases risk for earlier menopause among younger women

Hysterectomy increases risk for earlier menopause among younger women [ Back to EurekAlert! ] Public release date: 14-Nov-2011
[ | E-mail | Share Share ]

Contact: Sarah Avery
sarah.avery@duke.edu
919-660-1306
Duke University Medical Center

DURHAM, N.C. In a finding that confirms what many obstetricians and gynecologists suspected, Duke University researchers report that younger women who undergo hysterectomies face a nearly two-fold increased risk for developing menopause early.

The study, published in the December issue of the journal Obstetrics & Gynecology, is the largest analysis to track over time the actual hormonal impact of woman who had hysterectomies and compare them to women whose uteruses remained intact.

"Hysterectomy is a common treatment for many conditions, including fibroids and excessive bleeding," said Patricia G. Moorman, PhD., MSPH, an associate professor in the Department of Community and Family Medicine at Duke University and lead author of the study. "Most women are very satisfied with the results of a hysterectomy. But this is a potential risk of the surgery that should be considered along with the benefit."

Up to 600,000 women in the United States undergo hysterectomy each year, but the long-term consequences of the procedure have not been well documented. Studies have been small, or relied on the recollections of women about the onset of menopause.

The Duke team enrolled nearly 900 women ages 30 to 47 at two hospitals in Durham, N.C. -- Duke University Medical Center and Durham Regional Hospital and followed up with blood tests and questionnaires for five years. Half the women, 465, were healthy controls who had no surgery, while 406 women underwent hysterectomies that spared at least one ovary.

Preserving the ovaries while removing the uterus is a strategy designed to allow a woman's hormone production to continue, which has health benefits. Moorman said doctors have long known that early menopause either from surgery or from other factors that halt egg production can increase a woman's risk of osteoporosis, heart disease and other ailments.

Yet despite preserving the ovaries, the Duke team found that 14.8 percent of women in the study who had hysterectomies experienced menopause over the course of the study, compared to 8 percent of women who had no surgery. The risk for menopause was highest among women who had one ovary removed along with their uterus, but it remained elevated even when both ovaries stayed in place. The Duke team's analysis estimated that menopause occurred approximately two years earlier in the women who underwent hysterectomy.

Moorman said it's unknown what triggers the ovaries of some women to shut down after a hysterectomy.

"Some have hypothesized that surgery disrupts the blood flow to the ovaries, so the surgery leads to early ovarian failure," she said. "Others have speculated it's not the surgery, but the underlying condition preceding the surgery that causes it. Right now, it's unresolved."

Regardless of the cause, Moorman said the Duke finding provides women and their doctors with concrete information about a potential risk.

"This could potentially change practice because women who are considering hysterectomy for fibroids or other problems may want to explore other treatment options for their condition if they know they may go through menopause earlier," Moorman said.

###

In addition to Moorman, study authors include Evan R. Myers; Joellen M. Schildkraut; Edwin S. Iversen; Frances Wang; and Nicolette Warren.

The study was funded with grants from the National Institute on Aging and the National Center for Research Resources. The authors reported no financial conflicts of interest.


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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.


Hysterectomy increases risk for earlier menopause among younger women [ Back to EurekAlert! ] Public release date: 14-Nov-2011
[ | E-mail | Share Share ]

Contact: Sarah Avery
sarah.avery@duke.edu
919-660-1306
Duke University Medical Center

DURHAM, N.C. In a finding that confirms what many obstetricians and gynecologists suspected, Duke University researchers report that younger women who undergo hysterectomies face a nearly two-fold increased risk for developing menopause early.

The study, published in the December issue of the journal Obstetrics & Gynecology, is the largest analysis to track over time the actual hormonal impact of woman who had hysterectomies and compare them to women whose uteruses remained intact.

"Hysterectomy is a common treatment for many conditions, including fibroids and excessive bleeding," said Patricia G. Moorman, PhD., MSPH, an associate professor in the Department of Community and Family Medicine at Duke University and lead author of the study. "Most women are very satisfied with the results of a hysterectomy. But this is a potential risk of the surgery that should be considered along with the benefit."

Up to 600,000 women in the United States undergo hysterectomy each year, but the long-term consequences of the procedure have not been well documented. Studies have been small, or relied on the recollections of women about the onset of menopause.

The Duke team enrolled nearly 900 women ages 30 to 47 at two hospitals in Durham, N.C. -- Duke University Medical Center and Durham Regional Hospital and followed up with blood tests and questionnaires for five years. Half the women, 465, were healthy controls who had no surgery, while 406 women underwent hysterectomies that spared at least one ovary.

Preserving the ovaries while removing the uterus is a strategy designed to allow a woman's hormone production to continue, which has health benefits. Moorman said doctors have long known that early menopause either from surgery or from other factors that halt egg production can increase a woman's risk of osteoporosis, heart disease and other ailments.

Yet despite preserving the ovaries, the Duke team found that 14.8 percent of women in the study who had hysterectomies experienced menopause over the course of the study, compared to 8 percent of women who had no surgery. The risk for menopause was highest among women who had one ovary removed along with their uterus, but it remained elevated even when both ovaries stayed in place. The Duke team's analysis estimated that menopause occurred approximately two years earlier in the women who underwent hysterectomy.

Moorman said it's unknown what triggers the ovaries of some women to shut down after a hysterectomy.

"Some have hypothesized that surgery disrupts the blood flow to the ovaries, so the surgery leads to early ovarian failure," she said. "Others have speculated it's not the surgery, but the underlying condition preceding the surgery that causes it. Right now, it's unresolved."

Regardless of the cause, Moorman said the Duke finding provides women and their doctors with concrete information about a potential risk.

"This could potentially change practice because women who are considering hysterectomy for fibroids or other problems may want to explore other treatment options for their condition if they know they may go through menopause earlier," Moorman said.

###

In addition to Moorman, study authors include Evan R. Myers; Joellen M. Schildkraut; Edwin S. Iversen; Frances Wang; and Nicolette Warren.

The study was funded with grants from the National Institute on Aging and the National Center for Research Resources. The authors reported no financial conflicts of interest.


[ 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/2011-11/dumc-hir111411.php

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Tuesday 15 November 2011

Automotive center returns to Ballou Park in Danville | GoDanRiver.com

After losing his job in a corporate closure, a Dry Fork man re-employed himself and others by opening up a local version of the same business.

Bridgestone/Firestone Inc. closed the Expert Tire in Ballou Park last year because of its new marketing strategy, not because business wasn?t going well, said former Expert Tire manager Kenny Russell.

Longtime customers had asked if Russell would open his own automotive repair business. Russell worked for Bridgestone for more than 20 years.

Russell sought the help of Longwood Small Business Development Center in Danville, where he learned the do?s and don?ts of starting a business and developed a business plan a month later.

On June 6, he opened Ballou Tire & Service Center at 140 Wooding Ave. in the former Expert Tire location. He hired two technicians who had worked with him there and employs five people total.

?Our true and faithful customers were extremely glad,? Russell said.

While the business volume so far isn?t as high as it was, the shop also doesn?t have corporate overhead to worry about, he said. Owning a business is a different kind of stress than working for a corporate employer, but Russell likes being aware of what?s going on.

Yet, he warns others it might not be as easy to open a business as they think. Securing financing and satisfying different entities were the hardest parts in the current economic climate. Business owners also need to manage paperwork, insurance and taxes, he said.

?You?re going to spend some money before you put that key in the door and open for business,? Russell said.

His plan to keep and gain customers is to provide quality service that leads to good word of mouth referrals.

?We?re honest guys,? Russell said. ?We?ll give you an honest opinion.?

He is also honoring the lifetime alignment service to customers who have receipts for buying it at the Danville Expert Tire to keep people in town instead of Greensboro, N.C. The store offers more variety in tires than Expert Tire did.

As a local business owner, he advocates for residents buying local. He used Danville Paint & Supply to refresh the store?s look and is offering financing to customers through Springleaf on Piney Forest Road.

Margaretta ?Gretta? Trivers of Danville, who had been an Expert Tire customer for about five years, is glad to have an automotive shop back in Ballou Park near where she lives and works.

?It?s convenient,? Trivers said, adding she doesn?t need to cross the river.

If You Go

? Ballou Tire & Service Center

? 140 Wooding Ave.

? Hours: 7:30 a.m. to 5:30 p.m. Monday-Friday, 7:30 a.m. to 1 p.m. Saturday

? For more information, call (434) 799-5893 or email balloutire@hotmail.com.

Source: http://www2.godanriver.com/news/2011/nov/13/automotive-center-returns-ballou-park-danville-ar-1453543/

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Monday 7 November 2011

Investing in low P/E stock requires due diligence - Wall Street ...

From: GuruFocus Updates -

5:39am - November 5, 2011

By cdubey. It was December 2009 when I started investing and bought my first stock. I had read a few books before deciding to take the plunge, because they say you learn by trying. If you wait until you know everything about investing, you will never be able to do it. Among others, I read the book "Contrarian investment strategies" by David Dreman and "The little book that beats the market" by Joel Greenblatt. Dreman first makes the case that the current investment methods do not work. For this he analyzed several strategies followed by mutual funds and pros and showed that "throwing darts to pick stocks" beats them by a large margin. An investor will be better served by owning an ETF on the whole market than putting his money with a money manager. Because over long term, they lag the market average. Read more ? ?

Continue reading this article ?

Source: http://ewallstreeter.com/investing-in-low-p-e-stock-requires-due-diligence-4602/

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Sunday 6 November 2011

Accusations not yet costing Cain in early states

Republican presidential candidate Herman Cain speaks at the Defending the American Dream Summit, Friday, Nov. 4, 2011, in Washington. (AP Photo/Haraz N. Ghanbari)

Republican presidential candidate Herman Cain speaks at the Defending the American Dream Summit, Friday, Nov. 4, 2011, in Washington. (AP Photo/Haraz N. Ghanbari)

Republican presidential candidate Herman Cain speaks at the Defending the American Dream Summit, Friday, Nov. 4, 2011, in Washington. (AP Photo/Haraz N. Ghanbari)

Republican presidential candidate Herman Cain speaks at the Defending the American Dream Summit, Friday, Nov. 4, 2011, in Washington. (AP Photo/Haraz N. Ghanbari)

Republican presidential candidate Herman Cain gestures as he walks toward the podium to speak at the Defending the American Dream Summit, Friday, Nov. 4, 2011, in Washington. (AP Photo/Haraz N. Ghanbari)

(AP) ? Republicans in Iowa and other early voting states seem to be giving presidential candidate Herman Cain the benefit of the doubt for now. But they say they need to know more about accusations that he sexually harassed women who worked for him in the 1990s.

"It's concerning, but it's not a big deal," said Cindy Baddeloo of suburban Des Moines. "Nobody's perfect."

She was one of more than two dozen undecided Republican voters who were interviewed in Iowa, New Hampshire and South Carolina since the allegations surfaced last weekend. Cain has denied them.

LaDonna Ryggs, chairwoman of Spartanburg County GOP in South Carolina, said, "You give me some substance to the questions, and then we'll talk."

The Georgia businessman topped a national poll taken this past week. But even before the allegations enveloped his campaign, doubts had arisen about his candidacy.

Cain was sharply critiqued by his rivals over his tax proposal during a debate in Las Vegas last month. There were questions about his loyalty to the GOP base's most enduring litmus test, opposition to abortion, after he said in an interview the decision was a matter of choice.

With just two months before the Iowa caucuses, Cain presumably should be seeking to close the deal with undecided activists in the state.

But he's not scheduled to return to Iowa for two more weeks, and, if he follows through, he will have made just one trip to the leadoff caucus state over the course of three months.

Former Massachusetts Gov. Mitt Romney is stepping it up in Iowa, Texas Gov. Rick Perry is gung-ho on advertising and former Pennsylvania Sen. Rick Santorum is hitting his stride.

Cain has denied making suggestive comments to female subordinates while serving as president of the National Restaurant Association. Yet he has given conflicting accounts about what, if anything, he knew about the alleged incidents as well as whether he knew about financial settlements two of his accusers reportedly received from the trade group.

He's blamed the mainstream media, liberals and Perry's campaign, which said it had nothing to do with it. A black conservative, Cain has said his race has played a factor in the turmoil.

On Friday, a lawyer for one of Cain's accusers disclosed that she alleged "several incidents of sexual harassment" in a complaint filed more than a decade ago.

"As far as I can see, it wasn't any different than Bill Clinton," said Howard Burrows, a New Hampshire Democrat who said he would consider voting for a Republican. He argued that Cain could survive the episode.

Likewise, none of the Iowa Republican activists interviewed at a GOP banquet in Des Moines, where most of Cain's rivals spoke Friday, said the allegations disqualify Cain from their support or that he should quit the race.

"People are so much more focused on the economy," said Des Moines area Republican Jason McKibben. "They're tired of gutter politics."

Republicans nationally haven't bolted the former national restaurant chain CEO who has recently risen from obscurity to near the top of national polls with Romney.

A Washington Post-ABC News survey taken after the allegations emerged last Sunday showed Cain and Romney running nearly even atop the field, with most Republicans dismissing the harassment allegations. Seven in 10 Republicans say reports of the allegations don't matter when it comes to picking a candidate.

But in a sign of the possible danger ahead, the poll found that Cain slipped to third place among those who see the accusations as serious, and Republican women were significantly more likely than men to say the allegations make them less apt to support the businessman.

While the questions apparently haven't struck a blow against Cain in Iowa, their persistence is giving some GOP caucus-goers pause at a critical time.

A recent poll of likely Iowa caucus-goers sponsored by The Des Moines Register showed Cain narrowly leading in Iowa.

But Cain has a smaller campaign staff in the early states than many of his rivals.

The questions aren't discouraging Iowa state Rep. Henry Rayhons from siding with Cain ? yet.

"He's got to come clean, or people are going to keep harassing him about it," said Rayhons. "The longer it hangs out there, the less likely I am to support him."

___

Associated Press writers Jim Davenport in South Carolina, Phil Elliott in Iowa, Laurie Kellman in Washington and Holly Ramer in New Hampshire contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2011-11-05-Cain-Early%20States/id-c114197fdf90470e9077bcd91bfdfac1

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Mortgage rates for the past 52 weeks, at a glance (AP)

Mortgage rates for the past 52 weeks, at a glance - Yahoo! News Skip to navigation ? Skip to content ? AP By The Associated Press The Associated Press ? Thu?Nov?3, 11:38?am?ET
The average rate on the 30-year fixed mortgage fell to 4 percent this week, Freddie Mac said Thursday. Four weeks ago, the average rate fell below 4 percent for the first time in history. Here's a look at rates for fixed and adjustable mortgages over the past 52 weeks.
Current week's average Last week's average 52-week high 52-week low
30-year fixed 4.00 4.10 5.05 3.94
15-year fixed 3.31 3.38 4.29 3.26
5-year adjustable 2.96 3.08 3.92 2.96
1-year adjustable 2.88 2.90 3.40 2.81
All values are in percentage points.
Source: Freddie Mac Primary Mortgage Market Survey.
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  • Copyright ? 2011 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.

    Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http%3A//news.yahoo.com/s/ap/20111103/ap_on_bi_ge/us_mortgage_rates_glance

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    Saturday 5 November 2011

    Republican sexual harassment furor boosts Obama (Reuters)

    WASHINGTON (Reuters) ? The longer the Republican presidential hopefuls battle over sexual harassment claims against Herman Cain, the better things look for President Barack Obama as he mounts his campaign for re-election.

    Cain has been accused by at least three women of sexual harassment when he was head of the National Restaurant Association in the mid-1990s, claims that have been front and center in the Republican nomination race since the news web site Politico reported them on Sunday.

    The rare instance of infighting in a party known for its unity comes just as Obama, a Democrat, is gaining some traction in opinion polls and the U.S. economy is showing signs of improvement.

    "Obviously Team Obama wants the Republican field as large as possible for as long as possible," Republican strategist Ford O'Connell said. "The more they duke it out, the more ammo Team Obama has going into the general election."

    Cain said he is innocent of the claims and accused rival Rick Perry's camp of being behind the story, which Perry has denied.

    The disputes between the Republicans come as opinion polls show voters are responding well to Obama's push for his jobs bill. A poll from Quinnipiac University this week showed that 47 percent of Americans approve of Obama's job performance, up six percentage points from early October.

    There have also been signs that the U.S. economic recovery, expected to be the most important issue in the 2012 election, is on track. On Wednesday, data showed U.S. private employers added more jobs than expected last month, raising hopes that Friday's October unemployment report might show improvement from the September's 9.1 percent rate.

    All of this is good for the Democrats, who have wisely stayed out of the controversy, keeping their campaign attacks on Romney, whom Cain replaced at the top of most polls.

    "It's clouding the Republican message right now, so that's got to be good news for Democrats and they are quite wisely being very quiet about it," said David Yepsen, director of the Paul Simon Public Policy Institute at Southern Illinois University.

    "Napoleon I think said you never interfere with an enemy in the act of destroying himself."

    WEAKENING CAIN

    The furor has weakened the 65-year-old businessman Cain, who leads in polls of Republicans nationally and in Iowa, which holds the first nominating contest of 2012 on January 3. Cain has given conflicting accounts of whether the women received settlements, and shouted at reporters who demanded answers.

    "It's devastating," said Democratic strategist Greg Haas, although he cautioned that Obama's team would not want the Republican field to narrow too quickly. "Our side has to watch and see that they don't create a situation where they end it fast."

    The controversy is already an unwelcome distraction from efforts to find one strong contender to oppose Obama, two months before voting starts in the nomination process.

    And longer term, it makes the Republicans look bad, while they should be preserving resources to battle Obama.

    "The Republicans are trying to avoid a personal, protracted, difficult fight for the nomination. And this seems to be something that's pouring fuel on a smoldering fire inside the party," said Christopher Arterton, a professor at George Washington University who has been a Democratic consultant.

    Cain's campaign said his supporters have rallied to his cause, giving him $1 million in donations as the controversy has raged. If his supporters remain convinced that Cain was treated poorly, and stay home during the general election, it could benefit Obama.

    Cain is a favorite of the party's conservative Tea Party wing, which has not embraced Mitt Romney, the former governor of liberal Massachusetts whose conservative credentials are questioned by fiscal and social conservatives.

    Arterton said Cain's supporters could decide not to vote or even back him in a third-party campaign if things stay ugly. "If Cain's polls go down and his people get very bitter about this, I think you could see the possibility of their deciding that they would mount a campaign in the fall," he said.

    (Editing by Alistair Bell and Vicki Allen)

    Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/nm/20111104/pl_nm/us_usa_campaign_cain_obama

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    Thursday 3 November 2011

    Witness: Jackson's doctor didn't follow protocol (AP)

    LOS ANGELES ? Dr. Conrad Murray heard his own expert witness testify Monday that he wouldn't have accepted payment to do what Murray did for Michael Jackson ? administering a hospital anesthetic in the star's bedroom.

    "I wouldn't even consider it," Dr. Paul White said. "It's something no amount of money could convince me to take on."

    The use of the drug propofol to treat Jackson's insomnia was "a complete off-label use of the drug," he said. White also acknowledged that the drug should never be given outside a medical facility because of the need for proper lifesaving equipment.

    White, a highly regarded and now-retired anesthesiologist, is sometimes referred to as "the father of propofol" for his early research on the drug. But on Monday he was a less than respected figure, drawing criticism from the prosecutor and censure from the judge who threatened to fine him $1,000 for contempt of court.

    White came under a bruising cross-examination by prosecutor David Walgren who attacked the expert's recent claim that Jackson caused his own death. Walgren questioned White's scientific calculations and noted he once led the defense to think Jackson drank an extra dose of propofol.

    White acknowledged he had done no research on that theory when he posed it. A study later showed the theory to be unsupportable, he said.

    While stopping short of blaming Murray for the singer's death, White blurted out during cross-examination that he believed Murray had loaded a syringe with the drug propofol and left it where Jackson could have gained access to it.

    That scenario had not been offered before and it could explain how a groggy Jackson could have awakened from sedation, grabbed the syringe and injected the drug into his IV line.

    Superior Court Judge Michael Pastor told White outside the jury's presence to stop trying to sneak in references to private conversations he had with Murray. The witness had suggested his opinions were partially based on what Murray told him, but those talks are not in evidence.

    At one point Monday, White said he had been told by Murray that Jackson had his own stash of propofol beyond the hundreds of bottles of the drug that Murray had purchased and shipped to his girlfriend's apartment. Pastor warned White not to try to bring up the conversations or other excluded information again.

    "It's deliberate and I don't like it," Pastor said. "It's not going to happen again."

    But by the end of the morning the judge said White had violated his order. Outside the jury's presence, he chastised the witness for telling the jurors at one point: "I'd like to talk to you about this but the judge told me I couldn't."

    He said he considered that remark direct contempt of court but would allow White to explain at a contempt hearing on Nov. 16 before he imposes the $1,000 fine.

    White was repeatedly questioned about the ways in which Murray had broken guidelines and rules governing the use of propofol. Walgren confronted the witness with excerpts from his own writings in textbooks which set down rules that Murray broke by administering the drug in Jackson's bedroom.

    Murray, who has pleaded not guilty to involuntary manslaughter, has acknowledged he was giving Jackson doses of the anesthetic propofol in the singer's bedroom as a sleep aid. He told police that he left Jackson's room for two minutes on June 25, 2009, and returned to find the pop superstar unresponsive.

    White said in forming his opinions, he assumed Murray was out of the room much longer, making phone calls.

    The retired anesthesiologist also said he would not leave the room if he were treating a patient who had indicated he liked to inject propofol into himself, as Murray claims that Jackson had told him.

    "Have you ever administered propofol in someone's bedroom?" Walgren asked.

    "No, I have not," White replied.

    "Have you ever heard of someone doing that prior to this case?" the prosecutor asked.

    "No, I have not," White responded.

    White said he has been paid $11,000 for his work for the defense so far.

    White's testimony has put him at odds with his colleague and longtime friend, Dr. Steven Shafer, who testified for the prosecutor. Shafer said White's self-administration theory is not supported by the evidence in the case, in his view, and he called the theory "crazy" during his testimony earlier this month.

    White and Shafer were colleagues at Stanford University and conducted research on propofol before it was approved for use in U.S. operating rooms in 1989. Both help edit a leading anesthesia journal. Until White's retirement last year, both were practicing anesthesiologists.

    Shafer may be called as a rebuttal witness later in the trial, which is now in its sixth week.

    ___

    AP Entertainment Writer Anthony McCartney contributed to this report.

    ___

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

    Source: http://us.rd.yahoo.com/dailynews/rss/celebrity/*http%3A//news.yahoo.com/s/ap/20111031/ap_on_en_mu/us_michael_jackson_doctor

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    Wednesday 2 November 2011

    VC Dollars Rise 84 Percent In China, As They Slide In Europe

    Image (1) dollarss.jpg for post 174265As is abundantly clear from all the entrepreneurial activity on display at TechCrunch Disrupt Beijing, China is growing as a startup center. ?In the third quarter of 2011, $1.3 billion in venture capital poured into China, up 84 percent, according to Dow Jones VentureSource. At the same time, VC dollars slid 12 percent in Europe to almost exactly the same amount: 951 million Euros or $1.3 billion. ?(For comparison, U.S. VC dollars rose 29 percent to $8.4 billion in the third quarter). ? Are we at a crossroads where more venture capital will end up in China than in Europe?

    Source: http://feedproxy.google.com/~r/Techcrunch/~3/v6OffyJK0eM/

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    Wall Street dives on European debt worries

    Spencer Platt / Getty Images

    A trader works on the floor of the New York Stock Exchange. Wall Street took a tumble at Tuesday's opening bell after a surprise decision by the Greek Prime Minister to call a referendum.

    By msnbc.com news services

    Wall Street fell sharply Tuesday, following Europe?s major stock markets lower, after a proposed referendum in Greece threatened to overturn a European bailout plan to contain the region?s sovereign debt crisis.

    Analysts said if Greek voters reject the unpopular bailout, it would result in a "hard default" by Greece, causing bigger losses for banks and raising the threat of systemic risk.

    Greek Premier George Papandreou shocked global markets late Monday by announcing that he will put the nation's recent bailout deal through a referendum, potentially undoing last week's long-awaited agreement by EU leaders.

    The news slammed European stocks, particularly the region's banks. The Dow Jones industrial average fell sharply at the start of trading and had lost as much as?321 points by mid-session. As stocks tumbled, a widely-watched gauge of investor fear, the VIX index, jumped some 25 percent, chalking up its biggest daily gain since mid-August.

    U.S. stocks briefly pared losses after the leaders of Germany and France said they were determined to fully implement decisions made at the European Union Summit last week. Leaders of the big euro zone countries hastily arranged a crisis meeting with Papandreou on Wednesday in Cannes, a day before the start of a G20 summit.

    "This was completely unanticipated," said John Canally investment strategist and economist for LPL Financial in Boston. "This vote in Greece is going to hang over the market for next week or so, unfortunately."

    The Greek vote could potentially threaten a comprehensive plan to resolve the European debt crisis reached just last week in which euro zone leaders agreed that private holders of Greek bonds should take a 50 percent loss on their holdings.

    Greece could potentially face bankruptcy if the population ends up voting against the EU?s latest financial aid package in a referendum, the chairman of the Eurogroup countries said.

    Jean-Claude Juncker said Tuesday the referendum decision had piled ?great nervousness and insecurity? on top of an already highly insecure situation for the euro zone economy, telling RTL Radio:

    ?I cannot exclude that this would be the case, but it depends on how exactly the question is formulated and on what exactly the Greek people will vote on.? He added: ?It is something that brings a great nervousness, that adds great insecurity to already great insecurity and therefore we need to see calmly how we will deal with this.?

    On Monday, U.S. market sentiment was already turning sour after U.S. brokerage firm MF Global filed for bankruptcy amid reports that it had bought too much bad European debt and fears over the public finances of Italy, the euro zone's third-largest economy.

    In Tuesday?s economic news, an industry report showed the pace of growth in the U.S. manufacturing sector unexpectedly slowed in October. As well as monitoring the turn of events in Europe, investors have a raft of economic news to digest this week, culminating in Friday's monthly jobs report.

    The Associated Press and Reuters contributed to this report.

    Source: http://bottomline.msnbc.msn.com/_news/2011/11/01/8578805-wall-street-dives-on-european-debt-worries

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    Tuesday 1 November 2011

    Cain manages crisis with denial, humor, song (AP)

    WASHINGTON ? It's one of the starkest tests of viability for any presidential candidate: crisis management, the ability to step past an explosive charge and re-direct the news. Republican presidential hopeful Herman Cain, a relative newcomer to national politics, had trouble passing Monday during a whirlwind of speeches and interviews in the shadow of sexual harassment allegations.

    "I'll never know why Jesus came to love me so," Cain crooned at the invitation of the event's moderator in closing Monday's National Press Club appearance. "He looked beyond all my faults and saw my needs."

    It was a dramatic counterpoint to the rest of Cain's day in Washington, which he largely spent denying that he had sexually harassed anyone and calling any such reports "a witch hunt."

    Politico reported Sunday that the National Restaurant Association gave financial settlements to at least two female employees who worked for Cain and had accused him of inappropriate, sexually suggestive behavior when he headed the trade group.

    Throughout the day Monday, Cain offered conflicting responses as to whether he remembered the specifics of the allegations or the existence of settlements with the women.

    In an interview with The Associated Press, Cain was asked whether he was aware of the women's specific allegations. "Some of them," he responded.

    But when pressed, he said was not aware of any of the allegations.

    Later, in a series of television interviews, Cain said he remembered some details after all.

    The revelations upended Cain's series of speeches and meetings with members of Congress designed to reassure the nation's rule makers that he is ready for public office. But the revelations also raised questions anew about his fitness ? and whether he can manage a crisis.

    The former Godfather's Pizza chief executive confronted the situation rather than canceling his Washington schedule.

    At the first event of the day, an appearance at the American Enterprise Institute, he announced that he'd address the issues later: "I will take all your arrows," Cain said.

    He then went full denial in back-to-back appearances and refused to talk specifics, either on Fox News or at the National Press Club.

    And, even amid new questions about the viability of his White House bid, he tried to argue that it was business as usual.

    "What you can expect from my campaign is for me to stay on message, for us to continue to do the things and execute our strategy in order to win the nomination," he said.

    His campaign, meanwhile, attacked Politico, whose story was based on anonymous sources and, in one case, what the publication said was a review of documentation that described the allegations and the resolution.

    And Cain, himself, tried to employ humor.

    "As a result of today's big news story, I really know what it feels like to be No. 1."

    He also painted himself a victim.

    "This bull's eye on my back has gotten bigger," Cain said. "We have no idea the source of this witch hunt."

    And, finally, he invoked charm ? and the bigger picture.

    "My faith is a big part of who Herman Cain is. It's a big part of how I made this decision. It is a big part of this journey that we're on," Cain said. Invited to sing, he agreed. "Since it's an opportunity for me to share a little bit of my faith, I will."

    Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20111101/ap_on_go_ot/us_cain_crisis_management

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