মঙ্গলবার, ৩১ জানুয়ারী, ২০১২

Processes leading to acute myeloid leukemia discovered

ScienceDaily (Jan. 30, 2012) ? Researchers at UC Santa Barbara have discovered a molecular pathway that may explain how a particularly deadly form of cancer develops. The discovery may lead to new cancer therapies that reprogram cells instead of killing them. The findings are published in a recent paper in the Journal of Biological Chemistry.

The UCSB research team described how a certain mutation in DNA disrupts cellular function in patients with acute myeloid leukemia (AML). The researchers were prompted to study this process by another research team's discovery that AML patients have a mutation in a certain enzyme, which was reported in the New England Journal of Medicine. The enzyme is a protein called DNMT3A, which leads to changes in how the DNA of AML patients is methylated, or "tagged." Norbert Reich, professor in the Department of Chemistry and Biochemistry at UCSB, was already studying that particular enzyme with his research group, so they began to study the disease process of AML at the cellular level.

Reich explained that tagging is a way of reading DNA at the cellular level. This falls within an area of study called epigenetics, a process that occurs "on top" of genetics. Each person has approximately 200 types of cells, all with the same DNA, and these must be controlled in different ways. "There is an enzyme -- a protein -- that tags DNA and controls which of the genes in your cells, your DNA, gets turned on and off," said Reich. "So you have 20,000 genes, and you have to control them differently in your brain than in your liver."

Reich explained that there is current interest in this broader field of epigenetics as a direction for the treatment of cancer. "There's definitely the idea that this may be a new way of developing therapeutics, because you don't have to kill the cancer cell," said Reich. "Almost every cancer therapy that's out there works on the principle that a cancer cell needs to be killed."

With epigenetics, instead of only having DNA sequence coding for certain genes, there is an epigenetic process, with another layer of information on top of the genetic process. In this case, that information is the tagging by the methyl groups.

"If you really think about it, this is part of the answer as to how your cells can be so different and yet they all have the same DNA," said Reich. "You have the same genome in every one of your cells, but you do not have the same epigenome, which is basically the methylation pattern, the tagging pattern. That is different in every type of your cells. And the way this relates back to cancer, with leukemia, in those patients, the tagging is messed up. The patterns are not correct. Our big contribution to that is we've explained how the mutations in the enzyme could lead to that disruption of the tagging pattern."

The UCSB group developed a test to demonstrate that the mutant enzymes in AML can only work on DNA for short distances. As a result, the precise methylation patterns of a healthy cell are disturbed, resulting in genes being turned on at the wrong place and time, which in turn can initiate the growth of cancerous cells.

The team found that the mutation AML patients have causes a certain complex of four proteins to be disrupted. "The surprise was that the disruption doesn't stop the enzyme from being active; it doesn't stop the enzyme from tagging the DNA," said Reich. "Instead, it stops the way it can do it. Instead of going to your DNA and tagging an entire region of chromosome, it goes there, does one thing, and leaves. That process, that change, is what we see in the AML patients. So we think we have a molecular explanation for this disease."

Reich said that the currently prescribed drug Vidaza works by affecting the same enzyme that is mutated in AML. There is interest in the pharmaceutical industry in developing other therapeutics to target the enzymes responsible for tagging the DNA. These epigenetic inhibitors would reprogram rather than kill the cell.

Traditional cancer therapies use radiation and chemotherapy to remove or kill cancer cells. "The problem with that is that cancer cells are often very subtly different from normal cells," said Reich. "So you have one of the most difficult therapeutic challenges known to man, which is to distinguish between two human cells -- one that's cancerous and one that's not. Instead of killing the cell, the notion is that if you could just reprogram the cell, then it goes back to being normal. You intercept the cancer development. This is still an aspiration; it hasn't been achieved really, but that's what attracts people to the field of epigenetic-based therapies, because of the prospect of not having to kill cells."

Celeste Holz-Schietinger and Douglas Matje, both graduate students working in the Reich lab, are the first and second authors of the paper.

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The above story is reprinted from materials provided by University of California - Santa Barbara.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. C. Holz-Schietinger, D. M. Matje, M. F. Harrison, N. O. Reich. Oligomerization of DNMT3A Controls the Mechanism of de Novo DNA Methylation. Journal of Biological Chemistry, 2011; 286 (48): 41479 DOI: 10.1074/jbc.M111.284687

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/UaIf2CQVbWM/120130094349.htm

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Greece: Banks warn bond deal could delay merger (AP)

ATHENS, Greece ? Greek lenders Eurobank and Alpha Bank say a planned merger to create the country's largest bank by assets could be put on hold because of debt-relief negotiations between the crisis-hit country and private creditors.

The banks said Monday that "an accurate timeline cannot be given" to complete the deal announced last August because of the negotiations.

The closely watched talks would see private holders of Greek bonds cancel half their debt and likely accept additional losses in a swap for bonds with a longer maturity.

Greece's finance ministry expressed surprise at the announcement, arguing that the negotiations had produced "nothing new or different" to factors already taken into account by both banks.

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/ap/20120130/ap_on_re_eu/eu_greece_financial_crisis

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ND Senate leader: Look again at oil tax splits (AP)

BISMARCK, N.D. ? The North Dakota Senate's Republican majority leader says the Legislature needs to provide a greater share of state oil tax collections to local governments.

Rich Wardner of Dickinson is chairman of a committee that's looking into how oil tax revenues are split up.

North Dakota's oil production tax is now divided among the state and local governments.

But a number of county, city and school officials say the formula needs to be reworked to give local governments more money.

Wardner says it's clear that western North Dakota's oil boom has put a tremendous strain on local schools, roads and public works.

He says the Legislature will need to take a close look at how oil tax revenue is divided among the state and local governments.

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/ap/20120130/ap_on_bi_ge/us_oil_money_public_works_north_dakota

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Afghan woman killed, apparently for bearing girl

FILE - In this Wednesday, Oct. 26, 2011 file photo, an Afghan woman, center, peeks inside a hospital while she and others wait for an employee to let them enter, on the outskirts of Kabul, Afghanistan. An Afghan woman has been strangled to death, apparently by her husband, who was upset that she gave birth to a second daughter rather than the son he wanted, police said Monday. It was the latest in a series of grisly examples of subjugation of women that have made headlines in Afghanistan in the past few months including a 15-year-old tortured and forced into prostitution by in-laws and a female rape victim who was imprisoned for adultery. (AP Photo/Muhammed Muheisen, File)

FILE - In this Wednesday, Oct. 26, 2011 file photo, an Afghan woman, center, peeks inside a hospital while she and others wait for an employee to let them enter, on the outskirts of Kabul, Afghanistan. An Afghan woman has been strangled to death, apparently by her husband, who was upset that she gave birth to a second daughter rather than the son he wanted, police said Monday. It was the latest in a series of grisly examples of subjugation of women that have made headlines in Afghanistan in the past few months including a 15-year-old tortured and forced into prostitution by in-laws and a female rape victim who was imprisoned for adultery. (AP Photo/Muhammed Muheisen, File)

FILE - In this Thursday, Oct. 27, 2011 file photo, an Afghan woman carries her sick child to the emergency room at Indira Gandhi Children's Hospital in Kabul, Afghanistan. An Afghan woman has been strangled to death, apparently by her husband, who was upset that she gave birth to a second daughter rather than the son he wanted, police said Monday. It was the latest in a series of grisly examples of subjugation of women that have made headlines in Afghanistan in the past few months including a 15-year-old tortured and forced into prostitution by in-laws and a female rape victim who was imprisoned for adultery. (AP Photo/Muhammed Muheisen, File)

FILE - In this Thursday, March 8, 2007 file photo, Afghan women look at photographs on display during a fair organized by United Nation Assistance Mission in Afghanistan to mark Women's Day at a women's park in Kabul, Afghanistan. An Afghan woman has been strangled to death, apparently by her husband, who was upset that she gave birth to a second daughter rather than the son he wanted, police said Monday. It was the latest in a series of grisly examples of subjugation of women that have made headlines in Afghanistan in the past few months including a 15-year-old tortured and forced into prostitution by in-laws and a female rape victim who was imprisoned for adultery. (AP Photo/Rafiq Maqbool, File)

(AP) ? An Afghan woman has been strangled to death, apparently by her husband, who was upset that she gave birth to a second daughter rather than the son he wanted, police said Monday.

It was the latest in a series of grisly examples of subjugation of women that have made headlines in Afghanistan in the past few months ? including a 15-year-old tortured and forced into prostitution by in-laws and a female rape victim who was imprisoned for adultery.

The episodes have raised the question of what will happen to the push for women's rights in Afghanistan as the international presence here shrinks along with the military drawdown. NATO forces are scheduled to pull out by the end of 2014.

In the 10 years since the ouster of the Taliban, great strides have been made for women in Afghanistan, with many attending school, working in offices and even sometimes marching in protests. But abuse and repression of women are still common, particularly in rural areas where women are still unlikely to set foot outside of the house without a burqa robe that covers them from head to toe.

The man in the latest case, Sher Mohammad, fled the Khanabad district in Kunduz province last week, about the time a neighbor found his 22-year-old wife dead in their house, said District Police Chief Sufi Habibullah. Medical examiners whom police brought to check the body said she had been strangled, Habibullah said.

The woman, named Estorai, had warned family members that her husband had repeatedly reproached her for giving birth to a daughter rather than a son and had threatened to kill her if it happened again, said Provincial women's affairs chief Nadira Ghya, who traveled to Khanabad to deal with the case. Estorai gave birth to her second daughter between two and three months ago, Ghya said. Officials did not have a family name for either Sher Mohammad or Estorai.

Police took the man's mother into custody because she appears to have collaborated in a plot to kill her daughter-in-law, Habibullah said. Ghya, who visited the man's mother in jail, said that she swears that Estorai committed suicide by hanging. Police said they found no rope and no evidence of hanging from the woman's wounds.

Boy babies are traditionally prized much more highly than girls in Afghanistan, where a son means a breadwinner and a daughter is seen as a drain on the family until she is married off. Even so, a murder over the gender of a baby would be rare and shocking if proved true.

The U.S. Embassy issued a statement Monday praising the Afghan government for recent declarations supporting women's rights in the wake of the latest abuse cases that have garnered media attention.

"The rights of women cannot be relegated to the margins of international affairs, as this issue is at the core of our national security and the security of people everywhere," the statement said. It did not address the killing of the young woman in Kunduz.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-01-30-AS-Afghanistan/id-9ed9aa939f88461c869074e74cfc937d

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সোমবার, ৩০ জানুয়ারী, ২০১২

Don?t Fret Over Super PACs (Theagitator)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories News, News Feeds and News via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/192959634?client_source=feed&format=rss

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EU leaders to discuss growth as Greece case looms (AP)

BRUSSELS ? European leaders will try to come up with ways to boost growth despite steep budget cuts across the continent when they meet in Brussels on Monday.

The 27 heads of state and government will get a taste of the popular frustration with austerity and high unemployment as they try to get to the summit in a city paralyzed by strikes.

While the official theme of Monday's meeting is boosting growth and jobs, the elephant in the room will be Greece.

Leaders aren't expected to make any decisions on a new massive bailout for Greece until international debt inspectors have issued a new report on the country's finances.

Athens' euro partners have grown frustrated with its slack implementation of spending cuts and reforms almost two years after first receiving international aid.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20120130/ap_on_bi_ge/eu_europe_financial_crisis

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Fire kills 26 patients at rehab center in Peru (Reuters)

LIMA (Reuters) ? Fire swept through a rehabilitation clinic for drug addicts and alcoholics in Peru on Saturday, killing 26 patients who were locked in to stop them from fleeing during treatment, local media and witnesses said.

Several survivors said the blaze was started by two patients who wanted to break out of the private "Christ is Love" center in the capital Lima.

"Some inmates wanted to escape and they set fire to some cloths and started throwing them at the manager's office, and then it caught fire inside," said patient Wilmer Garcia.

Most of the victims were thought to have died from smoke inhalation.

Lima Mayor Susana Villaran said the center lacked a municipal licence and that "drastic action" was needed to prevent similar incidents in the Andean country.

"This is a great tragedy," she told local radio. "Families hand over relatives who are suffering drug and alcohol addiction so they can be rehabilitated and often they're desperate. These places must be supervised by the Health Ministry and municipal authorities."

Firefighters and prosecutors have opened investigations into the cause of the fire.

(Reporting by Patricia Velez and Helen Popper; Editing by Xavier Briand)

Source: http://us.rd.yahoo.com/dailynews/rss/latam/*http%3A//news.yahoo.com/s/nm/20120128/wl_nm/us_peru_fire

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রবিবার, ২৯ জানুয়ারী, ২০১২

Jim Rogers Blog: Index Investing vs. Active Management

"Index investing outperforms active management year after year." - a famous Jim Rogers quote

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron?s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Source: http://jimrogers-investments.blogspot.com/2012/01/index-investing-vs-active-management.html

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GOP insiders rise up to cut Gingrich down to size (The Arizona Republic)

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Romney seeks to knock out Gingrich in Florida (Reuters)

PANAMA CITY/ORLANDO, Florida (Reuters) ? Bolstered by positive poll numbers, Republican presidential candidate Mitt Romney on Saturday sought to vanquish rival Newt Gingrich in Florida with a biting new ad about ethics charges and a mocking tone about his debate complaints.

Just three days ahead of a pivotal primary race that could determine who has the momentum to win the Republican state-by-state nominating battle, the two men spent the day traveling around Florida in a final weekend search for undecided voters.

Romney, already confident after strong performances in two Florida debates, is gaining ground over his rival for the nomination to take on Democratic President Barack Obama in the November 6 election.

A Reuters/Ipsos online poll released on Saturday showed Romney, a former governor of Massachusetts and off-and-on Republican front-runner, with an 11 percentage point lead over Gingrich, up from 8 points a day earlier.

Romney drew support of 43 percent of likely voters in Florida's January 31 primary and Gingrich 32 percent. That compared with a 41 percent to 33 percent showing in the online tracking poll on Friday.

Romney needs a victory on Tuesday to regain his footing after losing badly to Gingrich in the South Carolina primary last weekend.

Gingrich, a former speaker of the U.S. House of Representatives, needs a Florida win to solidify the front-runner mantle he took on after his resounding victory in the third nominating contests.

"If we win Florida, I will be the nominee," Gingrich declared at a golf facility in Port St. Lucie.

Romney has gained momentum in recent days, however, and the former private-equity executive used that and his financial muscle to draw up a closing argument that Gingrich's behavior in Congress made him unfit to be the Republican Party's leader.

In a simple ad titled "History Lesson" - a play on Gingrich's background as a historian - Romney's campaign showed footage of an NBC television anchor's news report the day Democrats and Republicans found him guilty of ethics violations in 1997.

"Newt Gingrich, who came to power, after all, preaching a higher standard in American politics, a man who brought down another Speaker on ethics accusations, tonight he has on his own record the judgment of his peers, Democrat and Republican alike," anchor Tom Brokaw says in the report, which makes up the entire ad.

Gingrich denies wrongdoing and his campaign emphasizes that 83 of 84 "politically motivated" ethics charges against him were found to be without merit and dropped.

CONTROVERSY

The ad drew controversy from television network NBC, which asked the Romney team to remove the newscast material from the ad. Anchor Brokaw also voiced objections.

"I am extremely uncomfortable with the extended use of my personal image in this political ad. I do no want my role as a journalist compromised for political gain by any campaign," he said in a statement.

Romney's campaign said it was looking at the network's request.

"We just received the letter. We are reviewing it, but we believe it falls under fair use," said senior adviser Eric Fehrnstrom.

Gingrich and Romney have sought to tear each other down in the run-up to the Florida election, fighting over who is best equipped to beat Obama.

Gingrich has boasted of carrying on the legacy of the late President Ronald Reagan, a hero to conservatives, while pushing for the anti-establishment support of the Tea Party.

"I can run with a history - not a theory, not a promise - that we can create jobs by unleashing the American people," Gingrich told a pastel-clad crowd of golf fans at the PGA golf facility, criticizing Romney as not being a true conservative.

Over the course of the day Gingrich appealed to groups he hopes will propel him to victory in Florida, holding events with country club Republicans, Hispanics, and religious conservatives at a Baptist mega-church.

Don Brigham, 60, a golf pro from Port St. Lucie, said Gingrich's comments there helped him make up his mind about whom to support.

"I was undecided, but I loved what I heard," he said. "I was very impressed with his personality. It's a two-man race on the Republican side. I was very impressed with his message. He pretty much spoke to my political beliefs."

But Romney's strong performances in this week's debates - venues that have usually favored Gingrich - have resonated with more voters. That momentum fueled confidence in Romney, who mocked his rival for complaining about audience participation.

"We've had about 18 debates so far, and they're getting more and more fun as time goes on," Romney said at one campaign event.

"This last one Speaker Gingrich said he didn't do so well because the audience was so loud. The one before he said he didn't do so well because the audience was too quiet. This is like Goldilocks."

Meanwhile former Pennsylvania Senator Rick Santorum signaled he was not planning to leave the race anytime soon, despite lagging in polls. His campaign on Saturday announced the opening of a headquarters in Nevada, the next state to hold a nominating contest after Florida.

Santorum won the first contest in Iowa and Romney won the second in New Hampshire.

Santorum was well behind his rivals in the Reuters/Ipsos poll with 16 percent support, a slight tick up from 13 percent in Friday's results. Texas Representative Ron Paul came in with 6 percent support, up from 5 percent the previous day.

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/nm/20120128/ts_nm/us_usa_campaign

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Video: PFT: Potential problem in Pittsburgh?

Sorry, Readability was unable to parse this page for content.

Source: http://nbcsports.msnbc.com/id/21134540/vp/46166209#46166209

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শনিবার, ২৮ জানুয়ারী, ২০১২

Chael Sonnen: Great promoter or greatest promoter?

CHICAGO -- "Chael's nuts."

UFC president Dana White started off the press conference with the statement that everyone in MMA has thought, but not said. Sonnen, who walked out with a UFC championship belt and the words, "Undisputed, undefeated!" flowing from his mouth, showed again he is the best promoter in MMA.

White barely had to say anything to promote Saturday's bouts on Fox, because the Sonnen Show took center stage. His opponent on Saturday, Michael Bisping, tried to keep up with Sonnen, but his attempts were futile.

Sonnen explained where he picked up the belt ... kind of.

"Well, for those of you who can't see, this is the championship belt that I took from Anderson Silva. In this country, possession is nine tenths of the law. Finders keepers, losers weepers. If he wants it back, he knows where he can find it."

"I think you can get it on eBay for $29.99!" Bisping said.

Sonnen even broke into rhyme.

"You're looking at the reflection of perfection. You're looking at the man who gets all your attention. You're looking at the man with the biggest arm. At the man, with the greatest charm, the man in Chicago who will do harm to the guy three doors down."

White, standing between Sonnen and Bisping, couldn't help but smile as Sonnen spit out rhyme after rhyme. He was particularly happy as Sonnen added the time and station of the fights to each exclamation.

"Whatcha gonna do, when you know who? How ya gonna deal, with the man of steel? How ya gonna react to Sonnen's attack? Tune in on the 28th! 8 p.m. Eastern Time! You'll find out who the real champion is."

If Sonnen keeps the act up -- and there's no reason to believe he won't -- White won't have to work to promote a single Sonnen card. Why would he, when the "champ" does the work for him?

Other popular content on Yahoo! Sports:
? Notre Dame and Stanford are among the teams vying for an invite to the Big Dance
? Video: Defenses will play a key role in deciding Super Bowl XLVI
? Has free agency come to college football?

Source: http://sports.yahoo.com/blogs/mma-cagewriter/chael-sonnen-great-promoter-greatest-promoter-233050678.html

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Candidates pay homage to Hispanic leaders, Rubio (AP)

JACKSONVILLE, Fla. ? The GOP presidential candidates say they'd involve a number of top Hispanic GOP office holders in their Cabinet ? and three say they're particularly impressed with Florida's Sen. Marco Rubio.

Rick Santorum, Newt Gingrich and Mitt Romney all name-checked Rubio, the Florida senator elected in 2010. He is a tea party favorite and widely viewed as a potential vice presidential nominee.

Gingrich is implying he would look hard at Rubio as his vice presidential nominee. Santorum and Romney both mentioned Rubio as a top Hispanic leader.

The candidates also mentioned New Mexico Gov. Barbara Martinez and Nevada Gov. Brian Sandoval among other prominent Hispanic leaders.

Their responses came after a question on what Hispanic leaders they would involve in their Cabinet.

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

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শুক্রবার, ২৭ জানুয়ারী, ২০১২

Five Reasons To See 'The Grey'

Liam Neeson rejoins his "A-Team" director Joe Carnahan for the man-versus-nature thriller "The Grey," in theaters today (January 27). The ads might have you thinking it's nothing but wolf punching, but there's a lot more going on.

Here are our five reasons to brave the winter weather and go see "The Grey."
1. Liam the [...]

Source: http://moviesblog.mtv.com/2012/01/27/the-grey-movie-review/

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Bag Lady Walks Obliviously Through New York


Deaf? Stupid? Preoccupied? Oblivious? Some combination thereof?

Call it what you want, we don't know what's funnier, the fact that this woman dragged a bag on her ankle for at least an entire N.Y. City block, or that some dude was shadily creeping behind her filming it for the purpose of YouTubing this "moment."

Either way, enjoy.

Source: http://www.thehollywoodgossip.com/2012/01/bag-lady-walks-obliviously-through-new-york/

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Adele is Setting Billboard Records on 'Fire' (omg!)

Adele is Setting Billboard Records on 'Fire'

Adele is picking up where she left off in 2011 as her song Set Fire to the Rain has dethroned Rihanna's We Found Love from the top spot on the Billboard Hot 100 songs chart while accomplishing a historic feat in the process.

Does Adele's New Boyfriend Equal New Music?

According to Billboard.com, Set Fire to the Rain is the third single from Adele's 21, which still leads the Billboard 200 album chart 17 weeks strong. Her two previous singles, Rolling in the Deep and Someone Like You, have also reached the top of the Hot 100 while 21 was number one on the Billboard 200, allowing Adele to become the first artist to have led the Billboard 200 simultaneously with three Hot 100 number one singles.

Adele's Thin New Look Revealed

Only nine artists had ever came close to pulling off the rare feat of having their singles and album atop both charts concurrently, with Usher being the most recent with the songs Yeah and Burn, both from his chart-topping album Confessions in 2004.

A Rare Adele Misstep

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//us.rd.yahoo.com/dailynews/external/omg_rss/rss_omg_en/news_adele_setting_billboard_records_fire040000229/44309427/*http%3A//omg.yahoo.com/news/adele-setting-billboard-records-fire-040000229.html

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বৃহস্পতিবার, ২৬ জানুয়ারী, ২০১২

Apple shares soar to record after blowout quarter

Apple?s share price soared to record levels Wednesday after the high-tech giant posted results that blew past expectations.

Apple was up more than $28 a share or nearly 7 percent to?$448.57, a?record high, after it reported?results late Tuesday that were far higher than forecasts as consumers snapped up near-unprecedented numbers of iPhones and iPads, sending its shares into record territory.

Apple said its quarterly revenue and earnings were the highest ever.

iPhone sales accounted for more than half of Apple's revenue for the first time, as 37 million handsets were sold in the quarter, generating more than $24 billion in revenue. That was 53 percent of the total of $46 billion, which?handily beat the average Wall Street analyst estimate of $39 billion, according to Thomson Reuters I/B/E/S.

Apple posted overall profits of $13 billion --?$1 billion a week -- for the holiday quarter, more than double the $6 billion posted a?year ago. Apple earnings of a $13.87 per share were far beyond the $10.04 per share forecast on average?by analysts, according to FactSet.

?We?re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,? Apple CEO?Tim Cook said in a statement.??Apple?s momentum is incredibly strong, and we have some amazing new products in the pipeline.?

The tech giant was a standout in what has otherwise been a fairly lackluster earnings season. So far, 58 percent of companies have beaten forecasts, while at this stage in past earnings seasons 70 percent had topped estimates.

"Apple's results were tremendous and the company continues to distance itself from industry peers," said Bill Kreher, an analyst at Edward Jones. "Just the magnitude of the iPhone beat is very impressive."

Apple shares, already trading near record levels, jumped 9 percent in after-hours trading on the earnings news.

"It's a monster quarter," said Colin Gillis, an analyst at BGC Financial. "Their guidance is strong too, it's a holiday quarter. There's just a worldwide demand for Apple products."

"Going into 2012 I expect strength of iPhone, iPod Touch and iPad should carry on into the year,"?said Hendi Susanto of Gabelli & Co. "Apple still has some tailwind including opening up new retail stores and expanding its distribution channels."

The Associated Press and Reuters contributed to this report.

Source: http://bottomline.msnbc.msn.com/_news/2012/01/25/10234466-apple-shares-soar-to-record-high-after-blowout-quarter

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Rescue operations resume on ship off Italian coast (AP)

GIGLIO, Italy ? Divers have set off two controlled explosions on the toppled Costa Concordia cruise ship as rescue operations resumed following a brief halt during the night because of bad weather.

Workers also kept up preparations to remove a half-million gallons (1.9 million liters) of fuel from the ship before it leaks into the Tuscan sea. Pumping is expected to begin Saturday.

Spokesman Martin Schuttevaer said "based on what we have seen the position of the tanks are in line with what we expected."

The Concordia ran aground and capsized off the island of Giglio on Jan. 13 after the captain veered from his approved course and gashed the ship's hull on a reef, forcing the panicked evacuation of 4,200 passengers and crew.

Rescuers have found 16 bodies, with 17 people are still unaccounted for.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20120125/ap_on_bi_ge/eu_italy_cruise_aground

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New Vimeo Brings Bigger Player, Better Sharing

Vimeo, the thinking person’s YouTube, is getting a big update. Gone is the tiny on-screen video window, replaced by a huge, browser-filling default player. And gone is much of the clutter, with relevant sections popping into view as you need them (the “related videos” section drops down from the top of the screen, for instance). [...]

Source: http://feedproxy.google.com/~r/GearFactor/~3/pir7TlGB3mk/

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Video: 5 tips to boost your resume

Sorry, Readability was unable to parse this page for content.

Source: http://www.msnbc.msn.com/id/21134540/vp/46146958#46146958

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বুধবার, ২৫ জানুয়ারী, ২০১২

Boeing 4Q profit up as plane deliveries take off (AP)

MINNEAPOLIS ? Quicker deliveries of Boeing's commercial airplanes helped it report a 20-percent jump in fourth-quarter profits, and offset sluggish growth in its defense business.

However, its shares fell because of a weaker 2012 earnings outlook than analysts expected.

Boeing Co. posted net income of $1.39 billion Wednesday, or $1.84 per share. That didn't include a tax benefit of 52 cents per share. Analysts surveyed by FactSet expected $1 per share. Revenue was $19.56 billion, also better than expected.

Boeing delivered 128 commercial planes during the quarter, up from 116 a year ago. Profits from commercial planes jumped 56 percent. Revenue rose 31 percent.

Profits from defense rose 6 percent. Revenue rose 4 percent. Defense contractors are just beginning to see what is expected to be a major slowdown in military spending in the U.S. and Europe. Boeing says defense revenue will fall roughly 5 percent in 2012.

Boeing predicted a 2012 profit of $4.05 to $4.25 per share. Analysts had been expecting a profit of $4.90 per share. Not counting 83 cents per share in higher-than-expected pension expense and other one-time items, Boeing expects an adjusted profit of $5.06 to $5.26 per share.

The company forecast revenue of $78 billion to $80 billion. Analysts were expecting $78.45 billion.

Boeing, based in Chicago, says it plans to deliver 585 to 600 commercial planes this year, up from 477 last year. It delivered three of its new 787s last year, and nine of its new 747-8 superjumbo jets. Boeing says revenue from commercial planes will grow at least 31 percent this year.

Shares fell $1.94, or 2.6 percent, to $73.42 in morning trading.

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/ap/20120125/ap_on_bi_ge/us_earns_boeing

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It's Official: Google Is Evil Now [Google]

In a radical privacy policy shift, Google announced today that it will begin tracking users across all services—email, Search, YouTube and more—sharing information with no option to opt out. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/w6s-Otq-aEo/its-official-google-is-evil-now

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Identity theft insurance not always worth the cost ? Maine Business ...

The phrase ?identity theft? has become one of those terms that makes one?s blood run cold. We?ve heard so many stories of financial losses, ruined credit and related horrors that we react emotionally to the subject.

That emotional response has prompted many consumers to buy insurance that kicks in if some form of identity theft strikes the insured. The question before us is, is such insurance worth the cost?

There?s no simple answer, as is usually the case in consumer matters. The quick historical view back to 2006 finds Consumer Reports said such coverage was ?typically not worth the money.? The magazine notes more than half of ID theft protection is sold by banks, and that those premiums amount to a consumer subsidy for federally required loss protection through credit card and bank account fraud. The passing of time hasn?t changed CR?s opinion that you can ? and should ? take more effective steps yourself to protect your credit and good name.

ID theft insurance typically costs $120 to $300 a year. That?s more than victims often incur through the theft and misuse of their credit card numbers, the most frequent type of ID theft. Federal law limits liability in such cases to $50 per card.

Those who sell the coverage point to the time-consuming process of restoring credit and correcting information on their credit histories. The insurers say their policies can help consumers cope with what can be a trying and frustrating process.

Most people in the insurance industry give the same advice they would when buying other types of coverage. Find out what the policy limits are; the National Association of Insurance Commissioners says most ID theft policies have policy limits of $10,000 to $15,000. If the policy covers lost wages, find out how the coverage is triggered and what limits apply. Know if there is a deductible; some policies require the holder to pay as much as $500 toward the cost of reclaiming your financial identity before the insurer pays a penny.

Before buying, check your homeowner?s insurance policy. It may include ID theft coverage, or you might be able to add coverage more affordably than buying separate coverage. If you decide to buy a separate policy, compare the coverage of several companies.

The insurance commissioners warn against becoming a victim of insurance fraud by making sure the agent and company you?re dealing with are licensed to do business in Maine. Find the Bureau of Insurance online ( http://www.maine.gov/pfr/insurance), by phone (207-624-8475 or TTY 888-577-6690) or by writing to the Bureau at 34 State House Station, Augusta ME 04333.

David Leach, principal consumer credit examiner for the Maine?s Bureau of Consumer Credit Protection, advises people to be their own advocates. Leach says it?s critical for each of us to get one free credit report from one of the reporting agencies (Experian, Equifax and Trans Union) every four months. Do this by visiting www.annualcreditreport.com and only that site. That, plus keeping a close watch on all credit card activity, will help keep identity thieves at bay.

As to separate insurance, Leach says, ?Consumers who sign up for these types of services are paying close to $250.00 a year for a service they can essentially run themselves.? He notes that most financial institutions that issue credit cards will waive all losses in cases of identity theft or fraud. Visit the bureau?s website at www.credit.maine.gov.

For a rundown on federal ID theft laws and tips to protect yourself, visit the Federal Trade Commission website, www.consumer.gov/idtheft.

Consumer Forum is a collaboration of the Bangor Daily News and Northeast CONTACT, Maine?s membership-funded, nonprofit consumer organization. Individual and business memberships are available at modest rates. For assistance with consumer-related issues, including consumer fraud and identity theft, or for information, write: Consumer Forum, P.O. Box 486, Brewer 04412, or go to necontact.wordpress.com, or email atcontacexdir@live.com.

Source: http://bangordailynews.com/2012/01/22/business/identity-theft-insurance-not-always-worth-the-cost/

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Neil Young journeys to Utah with new concert film (AP)

PARK CITY, Utah ? Neil Young recalls how his first concert film with director Jonathan Demme was a lush, stately tribute to country music.

He says their latest, "Neil Young Journeys," is more like an electric bolt, with a "grinding, blinding beauty to it."

Their 2006 film "Neil Young: Heart of Gold" premiered at the Sundance Film Festival and was a reflective, comforting chronicle of two shows Young performed at Nashville's Ryman Auditorium alongside such longtime musical comrades as Emmylou Harris, Ben Keith and Spooner Oldham.

"Journeys" is a raw, thunderous counterpart, filmed by Demme at Toronto's Massey Hall during the closing shows of Young's solo tour last year. Solo often implies intimate and acoustic, but Young wails away on electric guitar, harmonica, piano and organ throughout the show.

The new film played Saturday at the Slamdance Film Festival, a rival showcase to Sundance. Demme says it was a fitting place because both Slamdance and the film share something of a "bad-boy" attitude.

"'Journeys' is so different from `Heart of Gold.' It's like the other side of the universe," Young, 66, said in an interview alongside Demme. "'Heart of Gold' was a massive production with great caretaking to present this whole image of this forgotten style of presenting music, in this great old chapel of country music. ...

"This film we just made is so opposite of that. It's just one person. The sound is completely different and the attitude of it is different. The look is different. ... The sounds are kind of enveloping. You get to move way inside, whereas, `Heart of Gold,' you're way back, going, `Oh, it's beautiful seeing it from the back, seeing all these beautiful people, these great musicians.' And this one here, you're like inside my instrument, inside the distortion of the guitar. There's nothing in the way."

Demme and Young seem to be on a never-ending film journey. The new movie marks the fourth film collaboration between Young and Demme, the Academy Award-winning director of "The Silence of the Lambs."

Young earned an Oscar nomination for the title song of Demme's 1993 AIDS drama "Philadelphia," and in between "Heart of Gold" and "Journeys," the two made the 2009 concert film "Neil Young Trunk Show."

"Journeys" premiered at last September's Toronto International Film Festival and has since been picked up for theatrical distribution by Sony Pictures Classics.

The film includes extreme close-ups of Young captured by a tiny camera mounted on his microphone. The camera was so close its lens catches globs of spit from Young as he's singing, adding a bit of a psychedelic tinge to the images.

"It's more distorted and funky. It's a little bit more in your face," Young said. "It's like zooming in on something, losing everything that's usually around it, and you're just losing everything else. There's no bass, no drums, there's no other guitars, there's no other voices, there's no synthesizers, there's no echo. There's just this thing. It's a big sound, because you're right up on it. It's like a fantastic voyage into your guitars."

Along with songs from Young's 2010 album "Le Noise," "Journeys" features such classics as "After the Gold Rush," "Ohio" and "Down by the River."

Intercut between the songs in "Journeys" is a road trip Young takes to one of the Toronto shows from his northern Ontario hometown of Omemee, cruising with Demme in a 1956 Ford Crown Victoria and commenting on how the towns and landscape have changed.

"This whole world of cars and music, that's a big chunk of Neil's DNA. He's all about cars and driving and music in motion," Demme said. "I don't think we had any discussions. It was just like, well, we're going to Canada to shoot the concert in Toronto. Obviously, we'll drive down there from Omemee and take a look and see what's changed, and kind of just discover the past in the present. The same way the songs are very often kind of reflective. ...

"It put a lens up to his life. He's a medium for all of our lives. Certainly, our generation, whatever Neil's been singing about for the last 40 years or whatever, it's like, `Thank you. That's exactly what I was feeling. You've put it into words and music.'"

___

Online:

http://www.slamdance.com

Source: http://us.rd.yahoo.com/dailynews/rss/movies/*http%3A//news.yahoo.com/s/ap/20120122/ap_en_mo/us_film_sundance_neil_young

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Ethiopia rebels say holding two Germans after attack (Reuters)

ADDIS ABABA (Reuters) ? An Ethiopian rebel group said at the weekend it had kidnapped two German tourists and two Ethiopians, adding that they were safe, in good health and could be released unharmed.

The four were part of a group of 27 tourists attacked on Tuesday in the remote region of Afar in Ethiopia. Two Germans, two Hungarians and an Austrian were killed in the ambush.

"We can ... confirm that those German nationals who were taken together with the Ethiopian soldiers are safe and in good health," the rebel Afar Revolutionary Democratic Unity Front (ARDUF) said in a statement dated January 21.

"We can ensure that their peaceful release will be granted through peaceful negotiation ... through the Afar elders in the region."

The group did not disclose where it was holding the four and gave no indication of a ransom or any other conditions for the hostages' release.

ARDUF says it is fighting for the unification of areas occupied by the Afars, whose sun-blasted homeland straddles Ethiopia, Eritrea and Djibouti. The rebel movement was previously blamed for the kidnapping of five Westerners in 2007.

Addis Ababa has accused neighboring Eritrea of staging Tuesday's attack, and said it believed the four were being held there. Asmara has dismissed the charge.

An Ethiopian government official said the attack was carried out by an armed group of between 30 and 40 men.

ARDUF also denied an Eritrean role in the attack and said Ethiopian troops had killed the tourists during a battle.

"Our forces killed 16 Ethiopian soldiers and wounded a dozen of them ... when the Ethiopian forces opened fire on our patrolling unit," it said.

Government officials were not immediately available for comment.

Ethiopia and Eritrea fought a 1998-2000 border war that killed 70,000 people, and the dispute still festers.

Foreigners who venture out into the area usually include researchers, aid workers and about 500 adventure tourists each year, many of whom visit a desert basin called the Danakil Depression, home to ancient salt mines and volcanoes.

Afar is an arid stretch in Ethiopia's northeast that is home to some of the world's harshest landscape with high temperatures regularly exceeding 50 degrees Celsius in the summer.

In 2007, gunmen there seized five Europeans and eight Ethiopians. The Europeans were handed to the Eritrean authorities less than two weeks later and Britain said Asmara had helped to secure their release.

The eight locals were freed nearly two months later.

(Editing by George Obulutsa and Elizabeth Piper)

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

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মঙ্গলবার, ২৪ জানুয়ারী, ২০১২

Sony, Paramount and Weinstein Co. get Oscar boost (Reuters)

LOS ANGELES (Reuters) ? Movie studio Sony Pictures Entertainment received 21 Oscar nominations on Tuesday, fending off stiff competition from rival companies Paramount Pictures and The Weinstein Co. for Academy Award nods, which can boost box office and DVD sales.

Sony Pictures Entertainment, a unit of Sony Corp and parent for Sony Pictures Classics, Sony Pictures Releasing and Columbia Pictures, picked up six nominations for "Moneyball" and five for "The Girl With the Dragon Tattoo" among its nods.

"What was wonderful about this year is that we got to make a bunch of movies that are not usually the kind of movies that are a studios' bread and butter, and all of them paid off this year and that's really gratifying," said Amy Pascal, co-chairman of Sony Pictures Entertainment, citing "Dragon Tattoo" and "Moneyball" as "not normal studio movies."

Oscars nominations typically help boost revenues of movies that are still playing at box offices because awards publicity heightens awareness by casual moviegoers.

The studios supplement their marketing by leveraging the prestige that comes with a nod for the world's top film honors, and Oscars help boost sales of DVDs and licensing fees for future television airings.

While Sony Pictures led with 21 nominations, Paramount's "Hugo" scored the most nods of any single film with 11.

The film, which has a reported production budget estimated at $150 million, has amassed only $55 million at U.S. and Canadian box offices since its release in November 2011, and $27.3 million in overseas ticket sales.

But producer Graham King noted "Hugo" is still in theaters, has not played in many international markets, and the acclaim from Oscar nods should lead to its long life in libraries.

"The 11 nominations will help the international (box office). I'm hoping the nominations help people discover the film, and I hope it will have a long shelf life, and in 15 or 20 years people will still be talking about it," King told Reuters.

The only film in the best picture race this year to have crossed the $100 million milestone in the North America domestic box office sales, so far, is "The Help," which has grossed $169 million since its release in August 2011.

THUMBS UP FOR WEINSTEIN

While Sony and Paramount, a unit of Viacom Inc., made out well among major studios, it may be privately-held The Weinstein Co. that sees the biggest boost from nominations.

Run by Harvey Weinstein and his brother Bob, who led Miramax Films until 2005, Weinstein Co had 16 nominations including 10 for "The Artist" -- second to "Hugo."

Last year, the company received 12 nominations for "The King's Speech" and timed its release to leverage the publicity of nominations. It went on to win best picture and grossed $138 million at domestic box offices.

The Weinsteins have adopted a similar strategy for "The Artist" and "The Iron Lady," which earned Meryl Streep a nod for best actress in her portrayal of former British Prime Minister Margaret Thatcher.

Both movies rolled out in limited release across New York and Los Angeles late last year to qualify for Oscars, before their wider release from January through March.

Similarly, Sony Pictures has taken "Moneyball," which grossed $75 million at domestic box offices since its initial release in September 2011, and re-issued the film in a limited number of theaters.

Also on Tuesday, Paramount Pictures said it will re-release this week the movie "Rango," which earned a nomination for best animated film on Tuesday.

Elsewhere, Walt Disney Motion Pictures Group received 13 nominations, led by Steven Spielberg's epic World War I tale, "War Horse" with six nods, while News Corp's Fox film divisions received 10 nominations, led by family drama "The Descendants" with five nods. Both "War Horse" and "Descendants" are still playing in theaters.

(Reporting By Piya Sinha-Roy; Editing by Bob Tourtellotte)

Source: http://us.rd.yahoo.com/dailynews/rss/movies/*http%3A//news.yahoo.com/s/nm/20120124/en_nm/us_oscars_studios

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Factbox: List of key Oscar nominations (Reuters)

LOS ANGELES (Reuters) ? The Academy of Motion Picture Arts and Sciences announced nominations on Tuesday for the 84th Academy Awards. Winners will be revealed in Hollywood on February 26.

Following is a list of nominees in leading categories.

BEST PICTURE

War Horse

The Artist

Moneyball

The Descendants

Tree of Life

Midnight in Paris

The Help

Hugo

Extremely Loud and Incredibly Close

BEST ACTOR

Demian Bichir, "A Better Life"

George Clooney, "The Descendants"

Jean Dujardin, "The Artist"

Gary Oldman, "Tinker Tailor Soldier Spy"

Brad Pitt, "Moneyball"

BEST ACTRESS

Glenn Close, "Albert Nobbs"

Viola Davis, "The Help"

Rooney Mara, "The Girl with the Dragon Tattoo"

Meryl Streep, "The Iron Lady"

Michelle Williams, "My Week with Marilyn"

BEST DIRECTOR

Michel Hazanavicius, "The Artist"

Alexander Payne, "The Descendants"

Martin Scorsese, "Hugo"

Woody Allen, "Midnight in Paris"

Terrence Malick, "The Tree of Life"

BEST SUPPORTING ACTOR

Kenneth Branagh, "My Week with Marilyn"

Jonah Hill, "Moneyball"

Nick Nolte, "Warrior"

Christopher Plummer, "Beginners"

Max Von Sydow, "Extremely Loud and Dangerously Close"

BEST SUPPORTING ACTRESS

Berenice Bejo, "The Artist"

Jessica Chastain, "The Help"

Melissa McCarthy, "Bridesmaids"

Janet McTeer, "Alfred Nobbs"

Octavia Spencer, "The Help"

ANIMATED FILM

A Cat in Paris

Chico & Rita

Kung Fu Panda 2

Puss in Boots

Rango

FOREIGN LANGUAGE FILM

"Bullhead," Belgium

"Footnote," Israel

"In Darkness," Poland

"Monsieur Lazhar," Canada

"A Separation," Iran

ADAPTED SCREENPLAY

"The Descendants," by Alexander Payne and Nat Faxon & Jim Rash

"Hugo," by John Logan

"The Ides of March," by George Clooney & Grant Heslov and Beau Willimon

"Moneyball," by Steven Zaillian and Aaron Sorkin. Story by Stan Chervin

"Tinker Tailor Soldier Spy," by Bridget O'Connor & Peter Straughan

ORIGINAL SCREENPLAY

"The Artist," by Michel Hazanavicius

"Bridesmaids," by Annie Mumolo & Kristen Wiig

"Margin Call," by J.C. Chandor

"Midnight in Paris," by Woody Allen

"A Separation," by Asghar Farhadi

DOCUMENTARY

"Hell and Back Again"

"If a Tree Falls: A Story of the Earth Liberation Front"

"Paradise Lost 3: Purgatory"

"Pina"

"Undefeated"

ORIGINAL SCORE

"The Adventures of Tintin," John Williams

"The Artist," Ludovic Bource

"Hugo," Howard Shore

"Tinker Tailor Soldier Spy," Alberto Iglesias

"War Horse," John Williams

ORIGINAL SONG

"Man or Muppet" from "The Muppets," music and lyric by Bret McKenzie

"Real in Rio" from "Rio," music by Sergio Mendes and Carlinhos Brown, lyric by Siedah Garrett

ART DIRECTION

"The Artist," production design: Laurence Bennett; set decoration: Robert Gould

"Harry Potter and the Deathly Hallows Part 2," production design: Stuart Craig; set decoration: Stephenie McMillan

"Hugo," production design: Dante Ferretti; set decoration: Francesca Lo Schiavo

"Midnight in Paris," production Design: Anne Seibel; set decoration: H?l?ne Dubreuil

"War Horse," production design: Rick Carter; set decoration: Lee Sandales

CINEMATOGRAPHY

"The Artist," Guillaume Schiffman

"The Girl with the Dragon Tattoo," Jeff Cronenweth

"Hugo," Robert Richardson

"The Tree of Life," Emmanuel Lubezki

"War Horse," Janusz Kaminski

COSTUME DESIGN

"Anonymous," Lisy Christl

"The Artist," Mark Bridges

"Hugo," Sandy Powell

"Jane Eyre," Michael O'Connor

"W.E.," Arianne Phillips

FILM EDITING

"The Artist," Anne-Sophie Bion and Michel Hazanavicius

"The Descendants," Kevin Tent

"The Girl with the Dragon Tattoo," Kirk Baxter and Angus Wall

"Hugo," Thelma Schoonmaker

"Moneyball," Christopher Tellefsen

MAKEUP

"Albert Nobbs," Martial Corneville, Lynn Johnston and Matthew W. Mungle

"Harry Potter and the Deathly Hallows Part 2," Edouard F. Henriques, Gregory Funk and Yolanda Toussieng

"The Iron Lady," Mark Coulier and J. Roy Helland

VISUAL EFFECTS

"Harry Potter and the Deathly Hallows Part 2," Tim Burke, David Vickery, Greg Butler and John Richardson

"Hugo," Rob Legato, Joss Williams, Ben Grossman and Alex Henning

"Real Steel," Erik Nash, John Rosengrant, Dan Taylor and Swen Gillberg

"Rise of the Planet of the Apes," Joe Letteri, Dan Lemmon, R. Christopher White and Daniel Barrett

"Transformers: Dark of the Moon," Scott Farrar, Scott Benza, Matthew Butler and John Frazier

(Reporting By Jill Serjeant; Editing by Will Dunham and Philip Barbara)

Source: http://us.rd.yahoo.com/dailynews/rss/enindustry/*http%3A//news.yahoo.com/s/nm/20120124/media_nm/us_oscars_nominees

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Costa Concordia: As Hope Fades for More Survivors, Finger-Pointing Begins (Time.com)

As hope fades for the successful rescue of the 20 people still missing a week after the wreck of the Costa Concordia cruise ship, the focus of operations on the Italian island of Giglio is shifting towards the prevention of future catastrophe and the allocation of blame for that which has already occurred. With some 500,000 gallons of fuel oil still sloshing around in the hull of the ship, "We need to prevent an environmental disaster," says Franco Gabrielli, the head of Italy's civil protection agency, who is coordinating the emergency response. He added that while the agency wasn't giving up rescue attempts, the risk of rupture of the ship's fuel tanks was becoming an increasingly important worry.

Rescuers have been investigating whether the ship can be chained to the rocks on which it capsized last week, to halt its slow slippage towards deep waters, which would dramatically complicate further salvage efforts. The consequences of an oil spill would be disastrous. The mayor of Giglio has called the ship an "ecological time bomb." The potential for pollution puts at risk not only the area around the tiny Mediterranean island, but also the entirety of the nearby coast of Tuscany, one of the engines of Italian tourism. On Saturday, light oil was discovered floating near the Concordia, but rescue workers speculated it may have been diesel from rescue boats or lubricant from some of the on board machinery, not the heavy engine oil that could spell environmental devastation. (Photos: The Sinking of the Costa Concordia)

The plan is to extract the fuel oil and replace it with water, to avoid destabilizing the ship. Experts estimate that draining even those tanks closest to the outside of the hull could take as much as month -- providing storms don't cause delays -- and that the inner tanks could prove harder to reach. Still, "there is a very good chance that the fuel oil can be removed," says Paul Wright, associate director of the Marine Institute at Britain's Plymouth University. Contamination from the kitchen oils, chemicals, sewage, and personal belongings of the crew and passengers are likely to be contained using booms. What could prove more challenging is the salvage operation of the $450 million ship itself. "I would be very surprised if she is righted and floated off," says Wright. "The most likely solution is that she will be cut up and dismantled in position." It's an operation that could take months.

Meanwhile, the legal process is gearing up as Italian authorities work to establish the criminal liability for what some experts predict will produce the most expensive insurance claims in maritime history. As of Saturday, the death toll for the accident stands at 12 and is likely to rise; the Costa Concordia's captain, Francesco Schettino, is under house arrest and facing charges of manslaughter. At the heart of the investigation will be determining what happened in the 70 minutes between the moment the ship tore itself open on the rocks and Schettino's first formal call for help. In the interval, the coast guard was misinformed by a member of the Concordia's crew about the condition of ship, even as it was taking on water. And passengers were told by an apparently confused or oblivious crew that the problem had been resolved and that they should return to their rooms. (History's Greatest Cruise Ship Disasters)

Lawyers for civil plaintiffs will be eager to show that responsibility for the tragedy extends beyond the incompetence of the captain. "You have an incentive to find the deep pockets," says Luca Melchionna, a professor at St. John's University School of Law. Was the Costa Concordia's dangerous approach to the island part of a pattern that the cruise company had previously sanctioned or tolerated? To what extent did company policy contribute to the disarray in the early minutes when lives could have been saved? How well prepared were the crew for the event of an emergency?

For now, the cruise company has joined the criminal case against the captain as a civil party, formally putting itself among the injured and (not coincidentally) forestalling civil action in Italy while the criminal trial plays out, something that could take months of years. "It's a strategic legal move that protects them, at least for a while," says Melchionna. But such maneuvers won't protect the company in other jurisdictions. While lawyers for potential plaintiffs have complained that the waivers their clients were asked to sign have ruthlessly limited the cruise line's liability, at least two law firms have announced they plan to file a class action lawsuit in the U.S. next week. Meanwhile, several passengers have already sought representation with the British law firm Irwin Mitchell. "With thousands of passengers and crew on board this huge vessel, their safety should have been the first and only priority," Clive Garner, the head of the firm's international law team, said in a statement. "Tragically, it seems that this was not the case and passengers and their families have paid a very heavy price."

Transcript: 'Go On Board!' Coast Guard Tells Cruise Ship Captain

WATCH: Crew Tells Passengers, 'Return to Your Cabin'

View this article on Time.com

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Source: http://us.rd.yahoo.com/dailynews/rss/science/*http%3A//news.yahoo.com/s/time/20120124/wl_time/08599210502900

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Police: American kidnapped by gunmen in Somalia

By msnbc.com news services

Updated at 5 p.m. ET
MOGADISHU, Somalia -- ???Gunmen kidnapped an American man in the northern Somali town of Galkayo on Saturday, officials said, the same day an airstrike killed a senior insurgent leader with ties to al-Qaida in another part of the country.

The gunmen surrounded the man's car shortly after the man left the airport, said policeman Abdi Hassan Nur, who witnessed the incident. He said they then forced the American into another vehicle.

Local government officials said ?they believed the assailants had been the man's own guards and might be linked to a pirate gang.

"Gunmen kidnapped the foreigner and we understand they took him to Hobyo," Abshir Dini, interior minister of the semi-autonomous region, told Reuters, referring to a coastal town that is a known pirate base.

Galkayo is on the border between the semiautonomous northern region of Puntland and a region known as Galmudug. It is ruled by forces friendly to the U.N.-backed Somali government.

A minister from the Galmudug administration said the gunmen severely beat the foreigner's Somali companion when he begged them not to take the man. The minister spoke on condition of anonymity because he was not authorized to speak to the press.

A staff member at the Embassy Hotel, where the man was staying, said the American had gone to the airport to drop off an Indian colleague. The hotel said that the man had both American and German citizenship. The staff member asked not to be identified because he was not supposed to give out information about guests.

In October, gunmen kidnapped an American woman and a Danish man working for the Danish Demining Group from the same town. They are still being held.

Kidnapping for ransom is has become increasingly common in Somalia over the past five years. Currently at least four aid workers, a French military official, a British tourist taken from Kenya and hundreds of sailors are being held captive.

In a separate incident in the south of the country outside the capital of Mogadishu, a British-Lebanese commander of the al-Shabab militant group was killed along with two others when a missile struck the car they were traveling in, al-Shabab spokesman Sheik Ali Rage said.

Rage identified the British-Lebanese commander as Bilal-Berjawi, saying he was a close associate of late al-Qaida operative Fazul Abdullah Mohammed, the mastermind behind the 1998 bombings of the U.S. embassies in Kenya and Tanzania who was killed by a Somali soldier in June 2011.

Further south, another airstrike killed six people near the insurgent stronghold of Kismayo on Saturday, according to Sheik Mohamud Abdi, a senior al-Shabab commander. Kenya sent troops into Somalia in October amid concerns that Somalia's 21-year-old civil war was spilling over the countries' joint border.

The Associated Press and Reuters contributed to this story.

More from msnbc.com and NBC News:

Source: http://worldnews.msnbc.msn.com/_news/2012/01/21/10205469-police-american-kidnapped-by-gunmen-in-somalia

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