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German consumer morale hits 10-month high going into Feb (Reuters)

January 28th, 2012 by

BERLIN (Reuters) ? German consumer morale rose unexpectedly to a 10-month high going into February, a survey showed on Thursday, in the latest sign that consumption may support Europe’s biggest economy through uncertain times.

Confidence improved for the fifth month in a row, the report by GfK market research institute showed, highlighting a consistently upbeat mood among consumers despite the headwinds of Europe’s unresolved debt crisis.

The consumer sentiment indicator, based on a survey of 2,000 Germans, rose to 5.9 – the same point where it stood last April – compared with economists’ forecast for a reading of 5.6.

“Private consumption can do what it’s supposed to — provide an important support for the economy this year,” GfK said in a statement accompanying survey data.

“It is above all important that trust lost during the crisis is restored,” it added. “Decisive and lasting action by policymakers would be a key way to win back trust.”

Germany’s export-driven economy recovered quickly from the 2008/09 financial crisis, but the outlook has darkened as euro zone debt worries have begun to weigh on the real economy.

Many economists expect at least one quarter of contraction in Germany as global demand falls and the region’s debt crisis affects its key neighboring export markets.

Negotiations over how to save stricken euro zone member Greece from a messy default are still at an impasse, and worries about the solvency of some weaker periphery states remain a concern for investors.

But German consumers remain upbeat regardless, and surveys consistently point to private consumption as a bright spot that could weather any bad news, thanks to the solid job market.

With work the main concern for consumers, there is little to overshadow the mood; unemployment fell more than expected in December, putting the jobless rate at its lowest level since the Germany re-unification two decades ago.

(Reporting by Brian Rohan)

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/nm/20120126/bs_nm/us_germany_gfk

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Dow approaches highest level since 2008 crisis

January 28th, 2012 by

By Daniel Wagner, Associated Press

The Dow Jones industrial average was trading near its highest close since the 2008 financial crisis Thursday afternoon after solid news on factory orders and strong earnings from U.S. manufacturers highlighted the economy’s growing momentum.

Broader market indexes edged lower, though they are also sharply higher this year. Traders appear less afraid of spillover damage from the European debt crisis, and data on jobs and manufacturing have been consistently strong.

“With global risk off center stage and attention going back to the fundamentals, this market was ready to explode, which is exactly what it is doing,” said Doug Cote, chief market strategist with ING Investment Management.

Before the market opened, the government reported that unemployment claims rose only modestly last week after a steep decline the week before. The long-term trend still indicates an improving job market.

Orders to factories for long-lasting manufactured goods increased in December for the second straight month, and a key measure of business investment rose solidly.

That strong demand was apparent in quarterly earnings reports from U.S. manufacturers. 3M stock rose 1.1 percent after its fourth-quarter profit beat Wall Street’s estimates.

Caterpillar, the world’s biggest heavy equipment maker, soared 3 percent, the most of the 30 companies in the Dow, after beating analysts’ estimates last quarter. The company expects to do the same this year as global demand remains high.

Approaching 1 p.m. on Wall Street, the Dow Jones industrial average was up 14 points, or 0.1 percent, at 12,771 shortly after noon. 3M and Caterpillar led the gains.

The Dow is within reach of its post-financial crisis high of 12,810, reached in April 2011. The last time it closed higher than that was on May 20, 2008, when it settled at 12,826. The Dow’s post-crisis high during the trading day was 12,928, reached in May 2011.

The Dow is up nearly 5 percent so far this year. The S&P 500 and Nasdaq have gained even more.

The Dow would need to rise another 11 percent to get to its record high close of 14,164, reached on Oct. 9, 2007.

The Standard & Poor’s 500 index fell three points to 1,322. It was dragged lower by volatile financial companies and telecommunications firms. The Nasdaq composite index shed seven points to 2,811.

AT&T fell 2 percent, by far the most of the 30 companies in the Dow, after its earnings missed Wall Street’s forecasts. The company remains heavily dependent on the Apple iPhone, which it pays to subsidize, but recently lost its exclusive rights to sell the phone in the U.S.

Stocks had their highest close in eight months Wednesday after the Federal Reserve said it plans to keep interest rates extremely low until late 2014 to encourage lending and investment and support the economic recovery.

The announcement lifted investments across many markets and continents. Bond prices rose in the U.S. and Europe. So did commodities, the euro, emerging market currencies and European stocks.

The yield on the 10-year Treasury note fell to 1.95 percent from 1.99 percent late Wednesday. The prospect of more bond-buying by the Fed helped make Treasurys more attractive. A bond’s yield falls as demand for it increases.

A strong bond auction by Italy also brightened Europe’s outlook, signaling to investors that lenders believe Italy will not be dragged into the debt crisis. And Greece resumed talks with its lenders over writing off some of its crushing debt.

Benchmark indexes in France, England, Germany and Italy closed up 1 to 2 percent

Source: http://bottomline.msnbc.msn.com/_news/2012/01/26/10243582-dow-approaches-highest-level-since-2008-crisis

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X-ray laser bakes solid plasma from aluminum foil, brings us closer to nuclear fusion

January 28th, 2012 by

Nuclear fusion, like flying cars, is one of those transparent, dangling carrots that’ve been stymying the scientific community and tickling our collective noses for decades. But recent research out of the Department of Energy’s SLAC National Accelerator Laboratory might help us inch a few baby steps closer to that Jetsonian future. The experiment, conducted by a group of Oxford University scientists, utilized the DOE’s Linac Coherent Light Source — an X-ray laser capable of pulsing “more than a billion times brighter” than current synchrotron sources — to transmute a piece of aluminum foil heated to 3.6 million degrees Fahrenheit (or 2 million degrees Celsius) into a cube of solid plasma. So, why go to such lengths to fry a tiny piece of metal at that extreme temperature? Simple: to replicate conditions found within stars and planets. Alright, so it’s not that easy and we’re still a ways off from actually duping celestial bodies, but the findings could help advance theories in the field and eventually unlock the powers of the Sun. Until that fateful day arrives, however, we’ll just have to let these pedigreed pyros continue to play with their high-tech toys.

Continue reading X-ray laser bakes solid plasma from aluminum foil, brings us closer to nuclear fusion

X-ray laser bakes solid plasma from aluminum foil, brings us closer to nuclear fusion originally appeared on Engadget on Thu, 26 Jan 2012 10:39:00 EDT. Please see our terms for use of feeds.

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‘War Horse’ star one of Hollywood’s equine elite (AP)

January 27th, 2012 by

ACTON, Calif. ? One star of Steven Spielberg’s latest epic likes to end his work day by rolling around in the dirt, kicking his legs in the air and flaring his nostrils.

Finder, a 12-year-old thoroughbred, is among more than 150 equine performers featured in the Oscar-nominated “War Horse,” and one of 14 who play the scene-stealing Joey. He lives on a ranch about 45 miles northeast of Hollywood with veteran horse trainer Bobby Lovgren, who oversaw all the equine action on “War Horse.”

“Plowing, riding, chasing ? you name it, it’s in there,” said Lovgren, who calls “War Horse” “the biggest horse movie ever made.” Lovgren is the prot?g? of legendary Hollywood horseman Glenn Randall, who trained Roy Rogers’ Trigger.

Thanks to the enduring appeal of horses on screen, Lovgren, Finder and “War Horse” continue a longtime tradition of Hollywood horses that began with the earliest motion pictures.

“Bobby and his team literally performed miracles with the horses on this film,” Spielberg said. “I wanted it to feel like the horses were performing their parts as much as (actors) Emily Watson or Peter Mullan, and that is what happened. There were times during production when the horses reacted in ways I had never imagined a horse could react. You just sit back and thank your lucky stars that these horses are so cognizant that they are able to give everything to a moment.”

Those moments took months of training and a 22-member team of trainers, handlers and yes, equine makeup artists.

Set in England during World War I, “War Horse” centers on the enduring relationship between Joey and the farm boy who trained him. When Joey is sold to soldiers heading into battle, the horse begins a journey that brings him through various fighting factions and into the lives of soldiers and civilians who are moved by his strength and spirit.

The film has been nominated for six Academy Awards, including cinematography and best picture.

As the film’s “horse master,” Lovgren oversaw everything horse-related. His team prepared the equine actors for their various duties. Some became expert jumpers, others learned to stumble or feign a struggle. There were horses for riding and horses for pulling, and even stand-ins for the star horses while shots were being set. Lovgren’s team was also responsible for teaching the actors how to ride and handle the animals.

“We all became incredibly attached to the horses,” said cast member Patrick Kennedy. “Getting to know these horses and learning to ride them was the greatest privilege I’ve ever had.”

None of the horses are credited by name in the film, and the filmmakers wouldn’t say why. Lovgren said it’s not uncommon: “Sometimes they’ll put a few of the horses’ names, but you know, realistically, it’s very difficult to say that there was one hero Joey.”

The trainer, whose many credits include last summer’s “Cowboys & Aliens,” typically spends about three months preparing his equine actors for a film shoot. He specializes in “liberty” work, meaning the horses are not restrained in any way and learn to respond to hand signals and body language.

The 46-year-old horseman grew up in an equestrian family in South Africa that runs a large jumping and dressage barn. Lovgren said he didn’t much enjoy the public dealings that work required, so he headed to Hollywood to learn a new type of horse training. The 23 years he’s spent working in movies prepared him for the challenges of “War Horse.”

“All the scenes that we had to do had really all been done before in other films that I’d worked on, but never all in one. This took everything and put everything in one basket,” he said. “I’m very proud of my other films, like `Zorro’ and `Seabiscuit,’ but it just has a little bit in there. The horse isn’t the focal point. But in `War Horse’ it is, and it’s all the time.”

Though Lovgren doesn’t typically work with his own horses on set (he owns three, including Finder), he said he was lucky on this film that Finder was the right color. (Finder and the other horses playing Joey relied on makeup to make them look identical, with four white socks and a white star on their heads.)

Lovgren met Finder while working on “Seabiscuit” and loved him so much that he bought him. The thoroughbred is more expressive than most horses, Lovgren said, which makes him an ideal movie star.

Plus, he can play both genders. Finder played the mother in an early scene in the film showing the birth of Joey. That sequence and working with a foal was among the most difficult, Lovgren said. “They’re very young, so you don’t have much time to train them.”

Almost everything in “War Horse” was shot with real horses, except for a few scenes that would have caused injury to the animals. Lovgren praised Spielberg’s team for their respectful approach to the horses.

The toughest part of Lovgren’s job isn’t working with the animals, but communicating with filmmakers and other workers on set about what the horses need and what they can and can’t do. Once filming begins, “it’s more about communication skills than it is about training. That’s something I’ve had to really learn,” he said. “Obviously, I started working with animals because I don’t work well with people (laughs), so that’s been very important to learn to do that.”

Watching Lovgren with Finder, it’s easy to see the mutual love and respect between the two. Lovgren raises his arm and the powerful animal rears up. He makes a backward motion with a whip and the horse backs up. He strikes the whip on the ground and Finder bangs his hoof into the dirt. Lovgren throws a piece of wood two dozen yards away, and Finder runs to it and stands on his mark.

Lovgren doesn’t train with treats, because “if you go on set and someone walks by with an apple, what’s he going to do then?”

Instead, the animal’s reward is “I leave him alone,” Lovgren said. Still, Finder stands confidently by his side.

So with all the challenges of “War Horse,” is it harder working with four-legged performers or two-legged Hollywood types?

“I’m not going to answer that!” Lovgren said with a smile. “We all know that answer, but I’m not going to answer that.”

___

AP Entertainment Writer Sandy Cohen is on Twitter: www.twitter.com/APSandy.

___

Online:

www.warhorsemovie.com

Source: http://us.rd.yahoo.com/dailynews/rss/movies/*http%3A//news.yahoo.com/s/ap/20120125/ap_en_mo/us_film_hollywood_horses

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January 27th, 2012 by


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Amanda Holden Gives Birth To Baby Girl After Delivery Scare

January 27th, 2012 by

Amanda Holden Gives Birth To Baby Girl After Delivery Scare

“Britain’s Got Talent” judge Amanda Holden gave birth to a baby girl on Monday. Holden delivered baby Hollie Rose, who weighed in at 6lbs., 1oz, [...]

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Guest Post: Understanding Tuition Refund Insurance | SimpleTuition …

January 27th, 2012 by

By: Erika Stewart

In the last few years, tuition for college has grown faster than inflation. As we struggle to be able to afford payments, we often overlook the possibility that the tuition paid to schools could be wasted if the student is forced to withdraw for medical reasons.

Tuition refund insurance exists to provide peace of mind in case this circumstance arises and can put tuition money back in the pocket of students and parents. This type of plan can be an alternative or supplement to student health insurance if the student if facing severe health problems.

Many colleges have their own refund policies and it is important to understand them before taking out tuition refund insurance. Some universities will limit the ability to get a tuition refund after a certain time has passed into the school year, such as 30 days. Others base their refund policy on if a student is receiving various kinds of financial aid.

Federal law governs the federal financial aid that students receive in the case that he or she withdraws from school. The R2T4 policy decrees that students must return any unearned federal financial aid back to the government. The percentage of earned financial aid is prorated based on how much of the school term the student has completed. A 60 percent term completion counts as 100 percent as far as federal student aid is concerned.

Tuition refund insurance is only recommended for students who have serious pre-existing health conditions or illnesses that would cause a student to withdraw during their studies. Common kinds of coverage include withdrawal from school due to illness or injury as well as death of the student or parent/guardian. Other coverage types include job loss, withdrawals due to mental health conditions, and expulsion or suspension on academic or disciplinary grounds.

Tuition Refund Insurance Vs. Student Health Insurance
Keep in mind that tuition refund insurance is not equivalent to taking out health insurance plans. Most schools will still require you to buy health insurance for students or prove that the students are covered under a plan owned by a parent or guardian. These two plans are different and should not be confused with each other.

Student health insurance can ensure that health and medical costs that are incurred while at school are not prohibitive. Health insurance for students is a good bet for nearly every child who is in college or university. On the other hand, tuition refund insurance should only be purchased in the case that the probability of withdrawal is very high.

Tuition refund insurance will usually cost parents and students 1 to 5 percent of the coverage value, usually the cost of tuition. Premiums can be a good investment if the threat of withdrawal due to health reasons is serious and the family can recoup a significant portion of the school?s tuition cost.

Source: http://blog.simpletuition.com/2012/01/guest-post-understanding-tuition-refund-insurance/

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Bunchball Says Games Turn Twentysomethings Into Better Workers

January 27th, 2012 by

office dwightBunchball has been touting the benefits of its gamification tools for years, and many of its recent efforts are focused on enterprise customers. Now the company has published a white paper arguing that that gamification is a key way to motivate “Generation Y.” As evidence, the paper points to a recent study by MTV saying that millennials (the Bunchball report uses both terms interchangeably) understand their lives through a “game-like metaphor” ? in fact, half of the survey respondents said “people my age see real life as a video game.” How does that apply in the workplace?

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

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Hillary Clinton dodging political ‘high wire’ (AP)

January 27th, 2012 by

WASHINGTON ? Secretary of State Hillary Rodham Clinton says she wants to step off the “high wire of American politics” after two decades and is again tamping down speculation that she might stay in government if President Barack Obama wins a second term.

Clinton told State Department employees on Thursday that she is ready for a rest and is paying no attention to the Republican presidential candidate debates. She said she wants to find out just how tired she is after working flat out as first lady, senator, aspiring presidential candidate and finally the top U.S. diplomat.

“I have made it clear that I will certainly stay on until the president nominates someone and that transition can occur” if Obama wins re-election, she told a town hall meeting. “But I think after 20 years, and it will be 20 years, of being on the high wire of American politics and all of the challenges that come with that, it would be probably a good idea to just find out how tired I am.”

But, she appeared to leave the door open for a possible eventual return, adding to laughter from the crowd that “everyone always says that when they leave these jobs.”

As secretary of state, Clinton is barred from partisan politics and she acknowledged that it is unusual not to be participating in this election season. But, she said she is enjoying being away from the fray and hasn’t watched any of the GOP debates.

“It is a little odd for me to be totally out of an election season,” she said. “But, you know, I didn’t watch any of those debates.”

Clinton said she expected the campaign for November’s election to “suck up a lot of the attention” normally devoted to foreign policy issues but she joked that that might actually help the State Department.

“The good news is maybe we can even get more done if they are not paying attention, so just factor that in.”

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//news.yahoo.com/s/ap/20120127/ap_on_go_ca_st_pe/us_us_clinton

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[OOC] Need For Speed: World Race

January 27th, 2012 by

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