Fed to keep buying bonds, but may point to plans to taper

By Alister Bull

WASHINGTON (Reuters) - The Federal Reserve likely will decide at the end of a policy meeting on Wednesday to continue buying bonds at an $85 billion monthly pace, but it could alter an accompanying statement to spell out the possibility of scaling back purchases later this year.

Even if it does, the Fed is unlikely to clarify whether that process will begin in September, as financial markets expect, or later. Fed officials would prefer to see more evidence that the recovery in the job market is first fully entrenched.

The 19 members of the U.S. central bank's policy-setting committee will conclude a regular two-day gathering with a statement at 2 p.m. (1800 GMT).

"I expect that sentiment (of leaning toward a reduction in purchases later this year) to work its way into the policy statement. But they have to be careful because the market has not reacted well to hints of tapering," said Scott Brown, an economist at Raymond Jones in St. Petersburg, Florida.

The Fed cut interest rates to almost zero in late 2008 and has since more than tripled the size of its balance sheet to around $3.6 trillion via three massive rounds of bond buying aimed at holding down longer-term borrowing costs.

At a news conference on June 19, Fed Chairman Ben Bernanke said the central bank likely would start to curtail its current bond-buying round later this year, with an eye toward bringing it to a close by the middle of 2014.

But the U.S. economy is still lumbering through a soft patch induced by belt-tightening in Washington. A report on Wednesday is expected to show U.S. economic growth slowed to just a 1.0 percent annual pace in the second quarter, down from 1.8 percent in the prior three months.

As a result, the Fed will be careful to stress that any action it takes will be conditional on the economy improving. Officials will want to avoid the type of market maelstrom touched off when Bernanke laid out the plan for trimming bond purchases, comments that spooked stock and bond markets alike.

While reassurances from Bernanke and other Fed officials that any pull-back of purchases did not mean the central bank was getting anywhere near jacking up interest rates helped contain the market fallout, the yield on the benchmark 10-year U.S. Treasury note still stands about a full percentage point above where it was in early May. Mortgage rates have risen a similar amount, posing a potential risk to the housing recovery.

RATE HIKE EXPECTATIONS

It is also possible that Fed officials will adjust the economic thresholds they have laid out to guide expectations about when they eventually will begin to raise rates. The Fed has vowed to hold rates near zero until the unemployment rate hits 6.5 percent, provided the outlook for inflation does not push above 2.5 percent.

The head of the Minneapolis Federal Reserve Bank, Narayana Kocherlakota, advocates reducing the jobless rate threshold to 5.5 percent to signal that any rate hikes are a long way off. Bernanke last month said officials might agree to a lower figure.

But Fed watchers view a change at the current meeting as unlikely, partially because of difficulties among the officials in gaining sufficient consensus.

"A threshold of 5.5 percent would put the point of the funds rate lift-off well below where six persons on the committee see the natural unemployment rate," JPMorgan economist Michael Feroli wrote in a note to clients, referring to the level of unemployment officials think can be achieved without touching off inflation.

Quarterly Fed projections in June showed six of the 19 officials on the committee saw the long-run or natural rate of U.S. unemployment lying between 5.8 percent and 6.1 percent.

Instead, Feroli said the chances were better that the Fed might alter its inflation threshold to stipulate that rates would not be lifted if inflation was running too low - say under 1.5 percent. The Fed's preferred inflation gauge was up just 1 percent in the 12 months through May.

"Complementing the current 2.5 percent inflation ceiling with a 1.5 percent inflation floor seems perfectly reasonable," said Feroli.

(Reporting by Alister Bull; Editing by Diane Craft)

Source: http://news.yahoo.com/fed-keep-buying-bonds-may-point-plans-taper-040405715.html

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Cyrus says wild-child behavior part of growing up

LONDON (AP) ? Miley Cyrus' transformation from a sweet-faced child star into a twerking, wild-child sensation has garnered plenty of debate, but she says it's not really all that deep ? she just grew up, y'all.

"I think people forget what it feels like to be 20," she said in a recent interview. "People just evolve and that's all that's happened to me. But people think a mad scientist somehow cooked up this potion and turned me in to a different human, which it wasn't. All I did was get a haircut and buy some clothes and everyone thinks that I am made into a robot that changes with what's popular every 10 years."

Cyrus has raised eyebrows as she continues to distance herself from her former life as the star of the Disney show "Hannah Montana." Now engaged to actor Liam Hemsworth, Cyrus is concentrating on her musical career and due to release an album in the fall.

Cyrus has one of the summer's biggest hits with "We Can't Stop"; it's now No. 2 on Billboard's Hot 100 chart. In the song's video, which has reached 100 million views on YouTube, Cyrus dances suggestively amid bizarre imagery, including a skull made of french fries. Cyrus says the video was inspired by her own life and the wild parties she's been at.

Besides, Cyrus says acting a little crazy can actually be good for the soul.

"That's why I think some people kind of fall off and they end up going crazy because you don't give yourself time to go crazy," she said. "That's what you're supposed to do; you are 20, you are supposed to be a mess because you haven't figured it out yet, and 10 years from now I am supposed to have it all together."

___

Online:

http://www.mileycyrus.com/

Source: http://news.yahoo.com/cyrus-says-wild-child-behavior-part-growing-093437543.html

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More Than 20 California Horses Seized

More than 20 Ramona, Calif., horses are under rehabilitative care after being seized from their owner in late July. The seizure comes after nearly a dozen horses were removed from the same property in May.

On July 15, officers from the San Diego County Department of Animal Services noticed that a number of horses were thin and posted a notice for the animals' owner Lori Patton explaining that the animal's would be seized if their condition did not improve. Patton protested the seizure, but a hearing officer ruled July 22 that the seizure was justified. As a result, the horses were removed from the property.

Department of Animal Services Director Dawn Danielson said that a veterinary examination revealed that all the horses were underweight and some required dental care. All are receiving rehabilitative care, she said.

?The owner was not providing the necessary care to improve the health of the horses which left us no choice but to seize her animals and take them into protective custody,? Danielson said.

She said Patton has until the end of July to reclaim the animals, pay for their veterinary and upkeep costs, and cover the cost of their impoundment.

A telephone number listed to Patton was disconnected, according to a recording attached to the number.

Danielson said July's seizure is the second by the Department of Animal Services in recent months. Previously 10 horses were taken from the same property after they were found without access to food or water, she said. Most of those animals have been adopted.

The investigation into the most recent incident is ongoing, Danielson said.

Source: http://feeds.thehorse.com/~r/TheHorse/News/~3/laGrVtULdyM/32291

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Pacquiao lacks political experience to run as president ? analysts

Boxing champion and Sarangani Rep. Manny Pacquiao is not just too young to run as president in 2016?he also lacks the political experience to gun for a national post, political analysts say.

"Is he really serious? It must be a big joke. I hope he was only engaged in humor," said Bobby Tuazon, policy studies director for the Center for People Empowerment in Governance.

Pacquiao in an AFP report categorically said he is aspiring to run for a presidential position. He did not state when.

Pacquiao won't be allowed to run for president in 2016?he will only be 37 at the eve of the presidential elections. The constitution requires presidential candidates to be at least 40 years of age.

Tuazon said if Pacquiao is serious about running for president someday, he must publicize his records in Congress to show him as a "perennial absentee with poor performance to show."

"How can he say he is qualified to run when there are no records to show that he is a credible congressman when is he just banking on his popularity?" Tuazon said.

House records show that since he assumed his post in the 15th Congress, Pacquiao has been among the top absentees?he was only able to attend 47 of the 73 session days in the first regular session, 27 of 59 sessions in 2011, and 41 of the 61 session days in 2012.

Ramon Casiple, executive director of the Institute for Political and Electoral Reform, agreed that Pacquiao's record in the House of Representatives is a "failing" one.

He added that he could not think of any legislation to associate Pacquiao with except his anti-Reproductive Health law crusade when it was still a bill in Congress.

"Wala pa siyang matino na nagawa sa House. Except siguro kung mag-shape up siya in time for 2022," Casiple said, referring to the next presidential elections after 2016.

Pacquiao has authored 12 bills through his three-year stint in the 15th Congress, including bills on the establishment of a hospital in Sarangani province, a prohibition on cellphone networks to send unsolicited messages to subscribers, the establishment of breast care centers in every region, and the creation of a Philippine boxing commission.

For the 16th Congress, he has refiled three of his previous bills while adding two new ones?bills on the establishment of community fitness centers in every barangay, and the amendment to the Philippine Sports Commission Act.

Eligible

Then again, "anybody can run in this country. Basta you fulfill the requirements sa Constitution," Casiple said.

Article VII Section 2 of the 1987 Philippine Constitution states that "no person may be elected President unless he is a natural-born citizen of the Philippines, a registered voter, able to read and write, at least forty years of age on the day of the election, and a resident of the Philippines for at least ten years immediately preceding such election."

Meanwhile, Edmund Tayao, a political analyst from University of Santo Tomas, recognized that Pacquiao is an eager learner in politics, attending various trainings and seminars in lawmaking.

But he noted that Pacquiao still lacks short of public policy understanding.

"Running for national office, especially if it requires a public policy understanding, I think, is too early for him," Tayao said.

Casiple said he believes Pacquiao would aim for a senatorial post in 2016, which if he wins "would make him in a position to possibly run as president in 2022."

Tayao said Pacquiao should stick to being a local official instead of a national post such as president or senator.

But for Tuazon, maybe Pacquiao should "stick to boxing."

"He should be stuck to where he is good at, not in politics where performance and public records are more important," he said.

Pacquiao earlier said he wanted to run as vice-president in the 2016 polls.

Pacquiao first ran for congressman in 2007 in General Santos City but lost to veteran politician Darlene Antonino-Custodio. His wife Jinkee ran and won as Sarangani vice governor in the 2013 polls, while his brother Rogelio "Ruel" Pacquiao lost as General Santos City representative. ? BM, GMA News

Source: http://www.gmanetwork.com/news/story/319687/news/nation/pacquiao-lacks-political-experience-to-run-as-president-analysts

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Credit Union Classic: Final round delayed because of weather

By M.F. Piraino

The final round of the Credit Union Classic presented by Wegman's at Drumlins Country Club was delayed because of weather.

At 2:15 p.m., it was announced play will resume approximately 3 p.m. The remaining field of 78 players headed to the practice green or the driving range to get loose before returning to the course.

Play was halted this morning when the horn sounded at 10:48 a.m. right before the lead trio of Olivia Jordan-Higgins, Megan McChrystal and K.P. Kongkraphan were getting ready to tee off on the second hole. Although there was no lightning in the area, tournament officials said an excessive amount of rain was the culprit for the delay.

Jordan-Higgins is in the lead at 7-under. McChrystal of Florida sits in second with a 137. She birdied the first hole to drop to 6-under. Kongkraphan is in third at 4-under. Six players are tied for fourth.

Source: http://blog.syracuse.com/divots/2013/07/credit_union_classic_final_rou.html

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2nd body found in NY river where best man fell in

PIERMONT, N.Y. (AP) ? A second body was pulled from the Hudson River on Sunday near where a bride-to-be and her fiance's best man went missing after a nighttime boat crash near the Tappan Zee Bridge.

The body of a man believed to be 30-year-old Mark Lennon was discovered by someone on a recreational watercraft who then called 911, Rockland County Sheriff Louis Falco said. The body was found near Piermont about a mile downstream from where the body of a woman believed to be bride-to-be Lindsey Stewart was found Saturday.

Falco said both families had been notified and were distraught. The bodies have since been taken to the medical examiner's office; neither person was wearing a life vest.

"I don't think you can put words to what we have to tell these families," he said.

Stewart was set to be married Aug. 10. Lennon was the best man.

Lennon and Stewart were thrown into the river Friday night after their speedboat crashed into a barge carrying materials for the construction of a replacement for the bridge. Four other friends, including Stewart's fiance, Brian Bond, and the boat operator, Jojo John, were hospitalized.

John, 35, of Nyack, was charged Saturday with vehicular manslaughter and three counts of vehicular assault from a hospital bed, where he was recovering from his injuries in the crash, said William Barbera, chief of the Rockland County Sheriff's Office. Authorities say they suspect John was intoxicated at the time of the crash, but they are awaiting results of blood tests.

Attempts to reach John's family weren't immediately successful and it wasn't clear if he had an attorney.

Authorities have declined to identify the other two boat passengers, saying they're considered witnesses to a crime. One of them has been released from the hospital.

Authorities have said the barge was equipped with lights, but it was still difficult to see on the water late at night. Falco said Sunday that the lighting would be a part of the investigation.

"We will determine if those barges were lit properly and if it was a factor," he said.

Sheryl Palacio, a high school biology teacher from Valley Cottage, went to the pier Sunday with her two young sons and father and said she knows Bond, an art teacher, and John.

"I've known Brian my whole life," she said. "He's an outstanding teacher, a wonderful, kind, respectful man. Now his best friend is missing and his other best friend is charged with manslaughter."

Palacio said John worked as a banker at a local Chase branch and opened accounts for her two boys.

"I just want to make sure everyone knows he was a good man, happy and loving," she said. "He was always telling me about his nieces and nephews."

Palacio's father, Mitchell Turk, of Orangeburg, said he visited with Bond's mother, Jean, at her home in Pearl River on Sunday.

"It's sad and quiet there, long faces. They're trying to carry on, doing as well as can be expected," Turk said.

The group left the village of Piermont for a short trip aboard the 21-foot Stingray across the river to Tarrytown, about 30 miles north of New York City, authorities said.

Stewart, of Piermont, worked for an insurance company. She and Bond were to be married at the Good Shepherd Lutheran Church in Pearl River, with a reception at a vineyard in Hillburn, her stepfather, Walter Kosik, said.

The couple had known each other for years and used to go to church together, he said.

"They have been friends the whole time, and they fell in love about 3 ? years ago," Kosik said.

The New York State Thruway Authority, which is overseeing the bridge project, said it was reviewing safety procedures. It said the lighting on the barges appeared to be functioning normally.

"Our thoughts and prayers are with the victims and their families during this difficult time," the authority said in a statement.

Source: http://news.yahoo.com/2nd-body-found-ny-river-where-best-man-183823670.html

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The Beach Boys: Sloop John B

I was just in a Beach Boys mood tonight, but there are so many options that it was hard to choose. Sloop John B stands out because it's catchy, dark and relatable. It's a folk song from early 1900s sailors in the West Indies after all. And there comes a time in every person's life when you just have to shake your head, turn to the person, animal, boulder or spirit guide next to you and say, "This is the worst trip I've ever been on." [Amazon, iTunes, Spotify]

Read more...

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/rpSNpfb1Iek/the-beach-boys-sloop-john-b-944943506

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Apple vows to investigate labor violations alleged in China Labor Watch report

By AppleInsider Staff

Apple on Monday issued a statement promising to look into claims that its supplier Pegatron has been requiring employees to work excessive hours without adequate compensation.


Worker prepares iPhone for final assembly. | Source: Apple Supplier Responsibility Report
In a response provided to The Wall Street Journal, Apple said it has been working closely for months with China Labor Watch, the group that issued the report on Pegatron. The group recently informed Apple that workers' ID cards were being withheld, which prompted the company to conduct an audit and confirm the issue, before putting a stop to Pegatron's practices.

The latest report from China Labor Watch alleges that Pegatron has been violating Chinese regulations related to workplace safety, withholding of worker pay, and sub-par living conditions. Apple has said the claims are new to the company, and they will be investigated "immediately."

"Our audit teams will return to Pegatron, RiTeng and AVY for special inspections this week," Apple's statement reads. "If our audits find that workers have been underpaid or denied compensation for any time they've worked, we will require that Pegatron reimburse them in full."

Apple noted that it has conducted 15 "comprehensive audits" of Pegatron facilities since 2007. Those have covered more than 130,000 workers.

The most recent survey conducted by Apple in June found that Pegatron employees work an average of 46 hours per week. Pegatron is just one company in Apple's massive supply chain, which comprises more than a million total employees.

Criticism of Apple's supply chain is not new, but in the past most of the scrutiny has been aimed at the company's primary supply partner, Foxconn. But this year Apple began looking to diversify its supply chain, giving a greater presence to Pegatron.

Source: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/2f4d17ef/sc/21/l/0Lappleinsider0N0Carticles0C130C0A70C290Capple0Evows0Eto0Einvestigate0Elabor0Eviolations0Ealleged0Ein0Echina0Elabor0Ewatch0Ereport/story01.htm

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Cambodia's Hun Sen shaken as opposition rejects poll result

By Prak Chan Thul

PHNOM PENH (Reuters) - Cambodia's long-ruling Prime Minister Hun Sen faced his biggest political setback in two decades on Monday as the country's opposition rejected an election result as tainted by widespread fraud, despite heavy losses for the ruling party.

Opposition leader Sam Rainsy, buoyed by a near doubling of seats in parliament, called for an inquiry into what he called massive manipulation of electoral rolls in Sunday's vote.

The government announced late on Sunday that Hun Sen's Cambodian People's Party (CPP) had won 68 seats in the 123-seat parliament to the opposition's 55, a loss of 22 seats for the ruling party.

That marked the 60-year-old Hun Sen's worst election result since the war-torn country returned to full democracy in 1998, although the CPP retained a governing majority to enable the prime minister to extend his 28-year rule.

Prolonged wrangling over the result and a weakened Hun Sen could raise policy uncertainty in the small but fast-growing Southeast Asian nation that is drawing growing investor interest and has forged strong economic ties with China and Vietnam.

But the opposition's chances of overturning the outcome are slim given the ruling party's grip on the courts and with major foreign donors like the United States unlikely to reject the result without evidence of massive fraud.

The Cambodia National Rescue Party (CNRP), whose campaign was given a boost by the return from exile of leader Sam Rainsy, said it wanted an investigation committee set up with representatives from political parties, the United Nations, the election authority and non-governmental organizations.

"There were 1.2 million to 1.3 million people whose names were missing and could not vote. They deleted our rights to vote, how could we recognize this election?" Sam Rainsy, a French-educated former finance minister, told a news conference.

"There were ghost names, names only on paper."

The opposition tapped into growing concern among Cambodians over rising inequality and entrenched corruption that Hun Sen's critics say his policies have exacerbated.

Hun Sen, who has yet to speak publicly about the outcome, may have to adjust some policies in light of the surge in opposition support and show more sensitivity to public opinion. The loss of its two-thirds majority means the CPP will need opposition support to enact any changes in the constitution.

But Hun Sen still has the ability to control policymaking through his majority and the entrenched networks of political influence he has built within the CPP.

"It's definitely unprecedented and unexpected but for now I don't think regime stability is at stake," said Giulia Zino, a Southeast Asia analyst at Control Risks group in Singapore.

ANGRY VOTERS

The CPP had 90 seats in the outgoing parliament and the parties that united to form the CNRP had 29, with minor parties holding the remaining four. Cambodia's election commission has yet to announce how many seats each party has won, and will not announce full, official results until August 15 at the earliest.

Rights groups have criticized the electoral system as heavily biased in favor of the ruling party. The European Union declined to deploy poll monitors for this election after Cambodia did not act on its previous recommendations.

The Transparency International group, which helped monitor the election, cited various irregularities in the vote and said in a statement it was "very concerned about the disenfranchisement of citizens and suspect voters".

Voting on Sunday, like the campaign itself, was for the most part peaceful.

The CPP, backed by a compliant domestic media and superior resources, had been confident of victory. Analysts had predicted a reduction in its majority after the merger of two main opposition parties, as well as the return of Sam Rainsy, but the extent of opposition gains was a surprise.

Rising garment exports plus heavy flows of aid and investment from China have fuelled rapid economic growth, but that has been accompanied by a rise in social tension.

Cambodians have protested more frequently over poor conditions in the garment industry and land rights in the country of 14 million, where a third of people live on less than 65 U.S. cents per day.

The urban population has swelled in recent years, giving rise to a new generation of young voters who have access to wider sources of information online and who tend to support the opposition.

"Democracy is stronger in Cambodia than most outsiders anticipated," said Douglas Clayton, the chief executive of the Leopard Capital investment fund in Phnom Penh.

"The government will likely become more consultative and sensitive to public opinion."

The United Nations organized an election in 1993 that put Cambodia on a rocky path towards stability after decades of turmoil that included the 1975-79 "Killing Fields" rule of the communist Khmer Rouge.

Hun Sen, a former junior commander in the Khmer Rouge who broke away during their rule, lost that election but refused to accept the result and negotiated a position as joint prime minister before seizing power in a coup in 1997.

(Writing by Alan Raybould and Stuart Grudgings; Editing by Robert Birsel)

Source: http://news.yahoo.com/cambodian-opposition-party-rejects-poll-result-wants-inquiry-032938491.html

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Israel and Palestinian teams leave for US talks

FILE - In this May 25, 2006 file photo, an Israeli with a flag on his back takes a picture of Arab residents as they are being prevented by police to cross the road around Jerusalem's Old City, in the Muslim quarter, during the Israeli celebration of the Jerusalem Day. The U.S. on Sunday, July 28, 2013 announced the resumption of Israeli-Palestinian talks following years of stalemate, after Israel's Cabinet agreed to release 104 Palestinian prisoners convicted of deadly attacks. The return to direct contacts between the sides gave U.S. Secretary of State John Kerry his first concrete achievement after months of shuttle diplomacy. (AP Photo/Enric Marti, File)

FILE - In this May 25, 2006 file photo, an Israeli with a flag on his back takes a picture of Arab residents as they are being prevented by police to cross the road around Jerusalem's Old City, in the Muslim quarter, during the Israeli celebration of the Jerusalem Day. The U.S. on Sunday, July 28, 2013 announced the resumption of Israeli-Palestinian talks following years of stalemate, after Israel's Cabinet agreed to release 104 Palestinian prisoners convicted of deadly attacks. The return to direct contacts between the sides gave U.S. Secretary of State John Kerry his first concrete achievement after months of shuttle diplomacy. (AP Photo/Enric Marti, File)

FILE - In this May 8, 2013 file photo Israelis and Palestinians wave flags as Israelis march celebrating Jerusalem Day outside Damascus Gate in Jerusalem's old city. The U.S. on Sunday, July 29 announced the resumption of Israeli-Palestinian talks following years of stalemate, after Israel's Cabinet agreed to release 104 Palestinian prisoners convicted of deadly attacks. The return to direct contacts between the sides gave U.S. Secretary of State John Kerry his first concrete achievement after months of shuttle diplomacy. (AP Photo/Sebastian Scheiner, File)

FILE - In this Dec. 14, 2007 file photo, a Palestinian man argues with an Israeli soldier during a demonstration against Israel's separation barrier at the village of Bilin, near the West Bank city of Ramallah. The U.S. on Sunday, July 28, 2013 announced the resumption of Israeli-Palestinian talks following years of stalemate, after Israel's Cabinet agreed to release 104 Palestinian prisoners convicted of deadly attacks. The return to direct contacts between the sides gave U.S. Secretary of State John Kerry his first concrete achievement after months of shuttle diplomacy. (AP Photo/Sebastian Scheiner, File)

JERUSALEM (AP) ? Israeli and Palestinian teams headed to Washington on Monday for preliminary talks on resuming formal negotiations after five years of stalemate.

Both sides emphasized that many obstacles stand between them and a final deal on setting up a Palestinian state alongside Israel.

Talks will be complex, said Israel's chief negotiator, Tzipi Livni. She said she was heading to the Washington meetings, which are to begin later Monday, "cautiously, but also with hope."

Hanan Ashrawi, a Palestinian spokeswoman, said the upcoming talks are being held under more difficult conditions than previous negotiations. She cited the Palestinian political split, with Western-backed moderates and Islamic militants running rival governments, and the more hawkish positions of Israel's prime minister, Benjamin Netanyahu, compared to his predecessor.

"But I think there is a recognition of the urgency," she said. "If we don't move fast and decisively, things could fall apart."

The preliminary talks in Washington were made possible after Israel's Cabinet on Sunday agreed in principle to release 104 long-held Palestinian prisoners, convicted of offenses including the killing or wounding of Israelis and the killing of suspected Palestinian collaborators.

The prisoners are to be released in four stages, with each release linked to progress in negotiations.

The resumption of direct Israeli-Palestinian contacts was a result of six months of shuttle diplomacy by U.S. Secretary of State John Kerry.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2013-07-29-ML-Israel-Palestinians/id-b2440c1c79cc45b8b8141fe7a1d925cc

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Eric Schmidt Closes His Instagram Account - Business Insider

Eric Schmidt once famously, and somewhat creepily, said, "If you have something that you don't want anyone to know, maybe you shouldn't be doing it in the first place."

It appears as though Schmidt may not have been following his own advice, because he shut down his Instagram after being caught following a lot of women in barely-there outfits.?

Last Thursday, Sam Biddle at Valleywag revealed that Schmidt followed a lot of young women who take photos of themselves wearing bikinis or posing provocatively on Instagram. This, as Biddle noted, was in stark contrast to the people Schmidt followed on Twitter, which are mostly boring tech types.?

After Schmidt's Instagram account became public, it was shut down.?

The Internet keeps creating new ways for people to do things, and one of those things is embarrass themselves. In a world in which actual sex scandals are a dime a dozen, oceans of fully x-rated pornography is a click away, and politicians are destroying their careers by sexting around pictures of their sex organs, a habit of following sexy women on Instagram is barely worth mentioning. But, in these cases, who you are matters almost as much as what you are observed to be doing. And public knowledge of this Instagram habit was apparently enough to prompt one of the most famous and successful executives in the tech industry to reconsider doing it.

Google did not respond to a request for comment.

Source: http://www.businessinsider.com/eric-schmidt-closes-his-instagram-account-2013-7

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UK's 'super mouse' yielding major discoveries in cancer research

Public release date: 29-Jul-2013
[ | E-mail | Share ]

Contact: Allison Perry
allison.perry@uky.edu
859-323-2399
University of Kentucky

LEXINGTON, Ky. (July 26, 2013) It appears tiny and inconsequential enough, but the "super mouse" created by researchers at the University of Kentucky Markey Cancer Center some six years ago has spawned plenty of new research into preventing and/or treating many types of cancer.

Back in 2007, cancer researcher Vivek Rangnekar and his team announced that they discovered a gene known as Par-4 that specifically kills cancer cells without killing normal cells. Rangnekar's team used this gene to develop cancer-resistant mice that become known as "super mice" for their ability to stay healthy and tumor-free compared to normal mice.

Since that initial discovery, researchers across the country have built upon Rangnekar's discovery, including a team at the University of Pennsylvania, who recently published findings on how Par-4 downregulation affects breast cancer recurrence.

In a new article for Cancer Cell, UK researchers including Rangnekar as well as Tripti Shrestha-Bhattarai and Nikhil Hebbar discuss a recent study and how its findings may lead to the development of novel treatment strategies for breast cancer.

Breast cancer is the second leading cause of cancer death in women. Even with treatment, one in five patients will relapse from the disease within 10 years, and patients who have triple-negative breast cancer have an especially high risk of both local and distant recurrence. Treatment for these aggressive cancers is difficult because they tend to be resistant to "standard of care" therapies.

The study performed by the UPenn team showed that in women who experienced breast cancer relapse, the Par-4 protein was suppressed. These low levels of Par-4 allowed the cancerous cells to survive and multiply even after a full course of treatment. Conversely, tumor cells that have high levels of Par-4 are eliminated by apoptosis (cell death) following treatment. These new findings may provide insight into deciding which patients are at the highest risk for cancer recurrence.

"What this tells us is that low Par-4 may act as a predictor of breast cancer recurrence," said Rangnekar, associate director for the UK Markey Cancer Center. "This is important, because although this group studied only breast cancer, their observations may be relevant to recurrence in a broad range of cancer types because Par-4 is a general tumor suppressor gene."

Using Par-4 levels as a biomarker prior to treatment and knowing whether that patient is at an elevated risk of recurrence would give physicians another tool to use in determining the best course of treatment. Additionally, their findings may provide the basis for the development of novel treatment strategies for breast cancer.

Other 'tumor suppressor' genes exist, says Rangnekar, but what makes Par-4 so special is that it is not mutated as frequently as other known suppressors, and it's "selective" in its actions in that Par-4 will only kill cancer cells and not normal cells. Par-4 can become 'suppressed' or inactivated, leading to tumor re-growth, but Par-4 can be 'activated' again and one of the next major steps is developing a safe and effective way to activate Par-4 in the cancerous cells.

"If Par-4 is still present in the cells, the strategy should be to try and utilize that Par-4, so as to restore it's apoptotic function and bring about apoptosis of the cancer cells," Rangnekar said.

Researchers are still years away from being ready to test these theories in clinical trials, but Rangnekar says they have already begun looking at agents, both natural and synthetic, that may help restore the expression of Par-4 in human cells, allowing the cancerous cells to become susceptible to treatment. Each new study on Par-4 brings researchers one step closer to developing a powerful method for both treating and preventing many of the deadliest types of cancers.

The findings in the cancer-resistant mouse have stimulated several collaborative projects on Par-4 at UK. Several UK investigators are now examining the role of Par-4 in diverse types of tumors: recently, Rangnekar and UK cancer biologist and immunologist Subbarao Bondada were jointly funded by the National Institutes of Health to study the role of Par-4 in chronic lymphocytic leukemia; UK pathologist Craig Horbinski's group is investigating Par-4 in aggressive brain tumors called glioblastomas; and UK chemist David Watt and cancer biologist Chunming Liu are developing small molecules that can activate Par-4 and kill cancer cells.

"Our multi-disciplinary team, working together, uses a multi-faceted strategy in our research," Rangnekar said. "This allows us to gain a better understanding of the complexities of cancer in order to effectively kill recurrent tumor cells, especially those that have spread from their origin to distant tissue sites."

###

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Public release date: 29-Jul-2013
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Contact: Allison Perry
allison.perry@uky.edu
859-323-2399
University of Kentucky

LEXINGTON, Ky. (July 26, 2013) It appears tiny and inconsequential enough, but the "super mouse" created by researchers at the University of Kentucky Markey Cancer Center some six years ago has spawned plenty of new research into preventing and/or treating many types of cancer.

Back in 2007, cancer researcher Vivek Rangnekar and his team announced that they discovered a gene known as Par-4 that specifically kills cancer cells without killing normal cells. Rangnekar's team used this gene to develop cancer-resistant mice that become known as "super mice" for their ability to stay healthy and tumor-free compared to normal mice.

Since that initial discovery, researchers across the country have built upon Rangnekar's discovery, including a team at the University of Pennsylvania, who recently published findings on how Par-4 downregulation affects breast cancer recurrence.

In a new article for Cancer Cell, UK researchers including Rangnekar as well as Tripti Shrestha-Bhattarai and Nikhil Hebbar discuss a recent study and how its findings may lead to the development of novel treatment strategies for breast cancer.

Breast cancer is the second leading cause of cancer death in women. Even with treatment, one in five patients will relapse from the disease within 10 years, and patients who have triple-negative breast cancer have an especially high risk of both local and distant recurrence. Treatment for these aggressive cancers is difficult because they tend to be resistant to "standard of care" therapies.

The study performed by the UPenn team showed that in women who experienced breast cancer relapse, the Par-4 protein was suppressed. These low levels of Par-4 allowed the cancerous cells to survive and multiply even after a full course of treatment. Conversely, tumor cells that have high levels of Par-4 are eliminated by apoptosis (cell death) following treatment. These new findings may provide insight into deciding which patients are at the highest risk for cancer recurrence.

"What this tells us is that low Par-4 may act as a predictor of breast cancer recurrence," said Rangnekar, associate director for the UK Markey Cancer Center. "This is important, because although this group studied only breast cancer, their observations may be relevant to recurrence in a broad range of cancer types because Par-4 is a general tumor suppressor gene."

Using Par-4 levels as a biomarker prior to treatment and knowing whether that patient is at an elevated risk of recurrence would give physicians another tool to use in determining the best course of treatment. Additionally, their findings may provide the basis for the development of novel treatment strategies for breast cancer.

Other 'tumor suppressor' genes exist, says Rangnekar, but what makes Par-4 so special is that it is not mutated as frequently as other known suppressors, and it's "selective" in its actions in that Par-4 will only kill cancer cells and not normal cells. Par-4 can become 'suppressed' or inactivated, leading to tumor re-growth, but Par-4 can be 'activated' again and one of the next major steps is developing a safe and effective way to activate Par-4 in the cancerous cells.

"If Par-4 is still present in the cells, the strategy should be to try and utilize that Par-4, so as to restore it's apoptotic function and bring about apoptosis of the cancer cells," Rangnekar said.

Researchers are still years away from being ready to test these theories in clinical trials, but Rangnekar says they have already begun looking at agents, both natural and synthetic, that may help restore the expression of Par-4 in human cells, allowing the cancerous cells to become susceptible to treatment. Each new study on Par-4 brings researchers one step closer to developing a powerful method for both treating and preventing many of the deadliest types of cancers.

The findings in the cancer-resistant mouse have stimulated several collaborative projects on Par-4 at UK. Several UK investigators are now examining the role of Par-4 in diverse types of tumors: recently, Rangnekar and UK cancer biologist and immunologist Subbarao Bondada were jointly funded by the National Institutes of Health to study the role of Par-4 in chronic lymphocytic leukemia; UK pathologist Craig Horbinski's group is investigating Par-4 in aggressive brain tumors called glioblastomas; and UK chemist David Watt and cancer biologist Chunming Liu are developing small molecules that can activate Par-4 and kill cancer cells.

"Our multi-disciplinary team, working together, uses a multi-faceted strategy in our research," Rangnekar said. "This allows us to gain a better understanding of the complexities of cancer in order to effectively kill recurrent tumor cells, especially those that have spread from their origin to distant tissue sites."

###

---

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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.

Source: http://www.eurekalert.org/pub_releases/2013-07/uok-um072913.php

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Tennessee State Rep. Lois DeBerry dies after battle with cancer

?? State Rep. Lois DeBerry has died after a nearly five-year bout with pancreatic cancer.
?? Her nephew, Gary DeBerry, told The Associated Press that the 68-year-old Democrat died Sunday at a Memphis hospital surrounded by family and friends.
?? DeBerry was first elected in 1972. According to the National Conference of State Legislatures, only two other female lawmakers elected that year are currently serving.
?? DeBerry was the longest-serving member of the state House of Representatives and second-longest in the entire Tennessee General Assembly.
?? She was also the first female speaker pro tempore in the House and the second African-American woman to serve in the General Assembly.
?? DeBerry was first diagnosed with cancer in 2009.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://www.nbcnews.com/id/52605726/ns/local_news-nashville_tn/

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Pakistan troops fire at Indian post again, one BSF jawan injured

Srinagar:?In second incident of ceasefire violation on Saturday, Pakistani troops fired at a post of the Border Security Force (BSF) at Hiranagar in Samba sector of Jammu and Kashmir. One BSF jawan was injured in the firing.

The Pakistani troops used mortars, RPGs and heavy machine guns leading to heavy firing exchanges, officers of the Army and BSF said.

Head Constable Baljeet Singh of 68 Battalion was injured in the firing and was hospitalised.

With these two incidents today, the number of ceasefire violations by Pakistan in July rose to six.

Earlier in the day, Pakistani troops fired at the Indian Army posts in Poonch sector near the Line of Control in Jammu and Kashmir.

"Pakistani troops have targeted Indian posts by firing rocket projectile grenades (RPGs) and heavy machine guns along LoC in Doda Battalion forward area in Poonch district since 0730 hours today," a senior Army officer said.

Indian troops retaliated effectively, resulting in heavy exchanges which were on for five hours, the officer said.

There was no loss of life or injury to anyone in the firing, he said.

Top Army officials are monitoring the situation in wake of the heavy firing along the border line and troops have been asked in other forward areas to intensify round the clock vigilance.

This is fifth ceasefire violation in July this year.

Source: http://feedproxy.google.com/~r/NDTV-LatestNews/~3/Sd-d4MTH344/story01.htm

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MANILA, Philippines ? The Philippines plans to relocate major air force and navy camps to a former U.S. naval base northwest of Manila to gain faster access to waters being contested by China in the South China Sea, according to the country's defense chief and a confidential government report.

Defense Secretary Voltaire Gazmin said Sunday that as soon as relocation funds are available the government plans to transfer air force and naval forces and their fleets of aircraft and warships to Subic Bay, which has become a busy free port since the 1992 departure of the U.S. Navy.

"It's for the protection of our West Philippine Sea," Gazmin said from South Korea, where he was on a visit, using the name adopted by the Philippine government for the disputed South China Sea.

"We're looking now for the funding," he said.

Subic Bay is a natural deep harbor that can accommodate two large warships acquired recently by the Philippines from the United States, a defense treaty ally, he said, especially compared to shallower harbor at the naval fleet base at Sangley Point in Cavite province, south of Manila.

The first U.S. Coast Guard cutter was relaunched as the Philippines' largest warship in 2011. President Benigno Aquino III will lead ceremonies on Aug. 6 to welcome the second ship at Subic, the Philippine navy said.

A confidential defense department document obtained by The Associated Press says Subic's location will cut reaction time by fighter aircraft to contested South China Sea areas by more than three minutes compared with flying from Clark airfield, also north of Manila, where some air force planes are based.

"It will provide the armed forces of the Philippines strategic location, direct and shorter access to support West Philippine Sea theater of operations," the document said.

The report said the cost of repairs and improvements for an air force base in Subic would be at least 5.1 billion pesos ($119 million). It said that compares with an estimated 11 billion pesos ($256 million) that it would cost to build a new air force base, because the vast Subic complex about 80 kilometers (50 miles) west of Manila already has a world-class runway and aviation facilities.

Relocating about 250 air force officers and men to Subic, along with "increased rotational presence of foreign visiting forces" would bolster business and trade at the port, the military document said.

Source: http://www.startribune.com/nation/217272941.html

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