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  • 2011 Chevrolet Camaro Convertible makes surprise appearance on Facebook

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    2011 Chevrolet Camaro Convertible Facebook teaser – Click above to enlarge

    In this brave new world of the Internet and social media, you never really know when an established company might break with tradition and tease the unsuspecting public with something exciting through YouFace, Twitter or Facebook. Such is the case with what appears to be a teaser image of the 2011 Chevrolet Camaro Convertible on Chevrolet‘s official Facebook page for its modern-day muscle car.

    We’ve seen spy shots galore and even a fake or two, but this is the first glimpse that General Motors itself has given of the upcoming droptop Camaro, which is slated to go into production at the Oshawa assembly plant in the first quarter of 2011. We don’t have any more details about the Camaro Convertible other than what the picture reveals, but in this case we’ll merrily take what we can get.

    With the introduction of the Camaro Convertible, Chevrolet looks to erase the one major advantage that its longtime rival, the Ford Mustang, continues to lord over it. So, what do you think? No big deal or the must-have fashion accessory of 2011? Thanks to all who sent this in!

    [Source: Facebook]

    2011 Chevrolet Camaro Convertible makes surprise appearance on Facebook originally appeared on Autoblog on Wed, 14 Apr 2010 15:25:00 EST. Please see our terms for use of feeds.

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  • Orioles send Mike Gonzalez to the DL

    http://a323.yahoofs.com/ymg/ept_sports_fantasy_experts__26/ept_sports_fantasy_experts-683305393-1271276413.jpg?ym.d7.CDO2esCJVo

    Mike Gonzalez, Baltimore’s theoretical closer, has been placed on the disabled list with a strained left shoulder. The move is retroactive to April 10. Gonzalez was off to a miserable start (0-2, 18.00 ERA) and his velocity was down, so it’s not really a surprise to see him headed to the DL.

    Jim Johnson(notes) is currently Gonzalez’s understudy, so he’s the first guy to target if you’re chasing saves. No one in the Baltimore bullpen has covered themselves in glory this year, however. Johnson has allowed runs in two of his four appearances, as has Cla Meredith(notes).

    Kam Mickolio(notes) is expected to be called up to take Gonzalez’s roster spot, and you’ll want to keep him on the radar. (Not that you’d need radar to track him. He’s huge: 6-9, 255). Mickolio is considered a possible closer in waiting, but strike-throwing has been an issue. In three innings at Triple-A so far this season, he’s walked four batters, allowed four hits and struck out five. Mickolio arrived in Baltimore in the Erik Bedard(notes) deal, just like every other interesting young Oriole.

    Photo via AP Images

  • Swedish Band Releases New Album As A Magazine

    The Ark was among the last Swedish bands in the late 20th century to sign an old school major label contract. On April 26, they are releasing their first album after that contract expired. Instead of making it as a plastic disc in a plastic case, they’ve decided to do it in the form of a magazine (99 Swedish kronor, around 13 USD), with cardboard sleeve holding both the paper and the CD.

    Here in Sweden, as record stores are closing, shops selling magazines are opening at about the same pace. Therefore, it’s an interesting strategy for The Ark’s upcoming release to be done as a magazine. In terms of physical distribution, it means that their music is available in 1,100 stores instead of just the 110 record stores that are left in Sweden. Also they’ll be able to sell the product with 6% VAT instead of the usual 25% VAT, since magazines and books have that lower VAT in Sweden. That equals 19 Swedish kronors per sold copy in “discount” or markup.

    To further understand the band’s reasoning, I called The Ark’s manager Jon Gray up:

    Why did you release a magazine?

    For many in the younger generation, music is something that’s for free. The idea is to work with another form of packaging, to raise other values around the music. The genius is not the idea, but implementation. That we took this from start to finish.

    We have not only created a product but also an extended network of resellers to sell it for us. For us it was about creating a new dealer network in addition to the traditional music trade. The 1,100 stores that sell this product are located everywhere including where people live.

    What is the product you created?

    When we released the Jesus Christ Superstar album (the singer Ola Salo had the title role in the Swedish production last year and did his own translation), we worked with Johannes Sjöberg at So Music, who previously have done some fantastically special editions release of, for example, Astrid Lindgren’s life. When we planned the release of the new album, we asked Johannes if he could come up with an idea.

    The result was a 100-page magazine with high-quality images, text and design. Sandberg & Timonen made the design and well known Swedish writers such as Andres Lokko, Jan Gradvall and Hanna Fahl have contributed with the text. Also, for Ola Salo as a lyricist, this format is a dream. Rather than get 4 separate texts stuffed together on a 12×12 cm cd booklet page, here each text has its own full page. It’s almost a return to the LP format.

    Do you think that others will copy your concept?

    Yes. Generally speaking, all other revenues for recorded music negligible. Recorded music is free, there is no other business model that has taken after where the CD left us. Whether it’s digital downloads or Spotify. There is no money yet. If we become the best selling album in 2010 and the best-selling monthly magazine ever, as I believe we well, it’s obvious to me that others will follow our example.


    This text was originally posted in Swedish the media cluster organization Media Evolution’s site.

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  • New Design Standard Creates Metrics for Social, Economic Sustainability


    A group of architects, designers, activists, and community leaders interested in “public interest design” came together in 2005 at Harvard University Graduate School of Design and conceived of a set of principles and tools that would feature a greater focus on the social and economic facets of buildings and neighborhoods. Five years later, a team has launched a new standard called SEED (Social Economic Environmental Design). SEED is designed to provide guidance, evaluation, and certification on the social, economic, and environmental aspects of buildings and neighborhoods.

    According to Residential Architecture, one of the key forces behind SEED is Bryan Bell, AIA, founder and executive director of the non-profit Design Corps. Bell said: ”SEED is a guide, a combined wisdom that hopefully is transferrable. I don’t think people have taken this rigorous of an approach before.”

    There’s a focus on local community participation in the standard. SEED’s Web site outlines this idea: ”SEED maintains the belief that design can play a vital role in the most critical issues that face communities and individuals, in crisis and in every day challenges. To accomplish this, the SEED® process guides professionals to work alongside locals who know their community and its needs. This practice of ‘trusting the local’ is increasingly recognized as a highly effective way to sustain the health and longevity of a place or a community as it develops.”

    SEED’s guiding principles include:

    • Advocate with those who have a limited voice in public life.
    • Build structures for inclusion that engage stakeholders and allow communities to make decisions.
    • Promote social equality through discourse that reflects a range of values and social identities. 
    • Generate ideas that grow from place and build local capacity.
    • Design to help conserve resources and minimize waste.

    In addition to setting principles, the group also released the SEED Evaluator, an online tool to guide the process of creating a socially, economically, and environmentally- sensible building or community. “The Evaluator addresses issues such as public safety, job creation, and sanitation. And it requires strong evidence of community participation and input for a project to be eligible for SEED certification,” writes Residential Architecture

    The SEED team says that completing the SEED Evaluator can lead to SEED Certification, which “allows communities to develop their leadership and decision-making from within while using a proven method and recognized standard of success.” Certification will require third-party verification.

    SEED team member Kimberly Dowdell, Assoc. AIA, LEED AP, of HOK, told Residential Architecture SEED can be used at many levels ”it could be applied to a project of almost any scale.”

    Eric Field of the University of Virginia School of Architecture, R. Steven Lewis, AIA, president of the National Organization of Minority Architects, and former National Endowment for the Arts design director Maurice Cox, were involved in SEED’s conception and development.

    Learn more about the new SEED Standard and see their case studies outlining “community design in action.”

    Image credit: Hollygrove Market and Farm, Louisiana / SEED Case Study

  • Treasury’s March HAMP Report Shows Little Additional Progress

    The Treasury released (.pdf) its March update for its Making Home Affordable Program (HAMP), which seeks to prevent foreclosures. The progress continues to be slow. It offered an additional 57,337 trial modifications and 60,594 more permanent modifications. Those numbers indicate a slight decline in trials and small increase in permanents. The report also includes some troubling data on modification failures.

    Here’s a chart showing the progress:

    HAMP 2010-03 v3.PNG

    Trial modifications continue to steadily decline. Although permanent modifications experienced a modest increase, this number may have trouble growing as new trials continue to slow.

    The report contained some other interesting data as well this month.

    First, it appears that the new principal reduction push announced in March hasn’t had much effect yet. In fact, the number of mortgage modifications that utilized principal forbearance actually declined from 27.8% to 27.6% from February to March.

    Next, the increase in failed modifications is worrying. There were 88,863 cancelled trial modifications through February. That shot up to 155,173 in March — an increase of 75%. March’s 66,310 trial modifications cancelled essentially erase all of the month’s 57,337 new trials offered, resulting in a net negative number of trials for the month with 8,973 fewer. The large number of cancellations also shows that more trials failed (66,310) than were made permanent during the month (60,594), with a net failure rate of about 5,716. Permanent modifications were also plagued by more cancellations. 1,499 permanent modifications cancellations were reported through February. The number rose to 2,879 in March. That’s an increase of 92%.

    Finally, it doesn’t appear the Treasury changed the report very much in response to the Special Inspector General of the Troubled Asset Relief Program’s scathing report. One major concern was its performance metrics, particularly noting that the Treasury measured its success by modifications offered instead of modifications made permanent. Rather than eliminate this metric, the Treasury just shifted it from page four to page six of the report, without replacing it with a better measure of success.





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  • 2011 VW Polo GTI

    2011 VW Polo GTI

  • 2011 BMW 5-Series Parks By Itself

    2011 BMW 5-Series Parks By Itself

  • “Ugly Betty” Series Finale Tonight

    (Sniff, Sniff) After four seasons, dramedy fans will say goodbye to television’s favorite frump on Wednesday night. Loyal viewers of ABC’s Ugly Betty have watched the ugly duckling slowly grow into a swan. In honor of tonight’s concluding episode, we dug into the vault for some of out favorite Betty Suarez memories and came up with Ugly Betty White — the hilarious parody that aired at the TV Land Awards in 2007.

    Don’t miss the final episode of Ugly Betty, airing tonight @ 10 PM on ABC.

    So long, Betty. Long live the braces!

    Ugly Betty White skit
    from the TV Land Awards
     
    See Betty White in Hot in Cleveland
    premieres June 16 at 10P/9C on TV Land
    About the Show Cast Facebook
  • Are Caller ID spoofing apps in danger of becoming illegal? Maybe, thanks to H.R. 1258.

    The first time I jailbroke my iPhone and used SpoofApp, I called up a good friend of mine and (thanks to the voice changer) pretended to be a lusty old flame that just couldn’t get over him.

    Not exactly my finest moment — but if I had waited a few more months, it might have even been illegal. It all depends on whether or not House Resolution 1258 (a.k.a. The Truth in Caller ID Act) gets signed into law.

    H.R. 1258 isn’t exactly the newest piece of legislature on the block, nor is it the first to attempt to criminalize caller ID spoofing, but with its passing in the House of Representatives today, it’s one step closer to going on the books. The gist of the resolution reads as follows:

    It shall be unlawful for any person within the United States, in connection with any real time voice communications service, regardless of the technology or network utilized, to cause any caller ID service to transmit misleading or inaccurate caller ID information, with the intent to defraud or deceive.

    It’s the last bit of that last sentence that’s the most important. The resolution doesn’t explicitly make caller ID spoofing illegal, it makes spoofing with ill intent illegal. Right now, the spotlight is mostly on spoofing as performed by telemarketers to circumvent the Do-Not-Call list, but the actual language leaves the issue of regular people using spoofing applications vague.

    Sure, there’s a pretty clear distinction between spoofing to play a joke on a friend and spoofing to call in a bomb threat, but since the same app could easily be used for both (especially combined with some clever social engineering), are the tools involved at risk of becoming illegal too? All things considering, probably not: after all, it’s not the act of buying and possessing lockpicks that’s illegal (unless you live in one of these states), but their use for unwanted entry that’s illegal. It’d a bit much to warn SpoofApp users to do so at their own peril, but just to be safe, make sure the person on the other end thinks the joke is as funny as you do.

    [via PhoneScoop]


  • 2011 Ford Explorer To Get EcoBoost Four Banger

    2011 Ford Explorer

    Ford recently announced production of three new EcoBoost motors, including the 2.0 liter four cylinder variant destined for the 2011 Ford Explorer. By using a combination of direct injection, variable valve timing and turbocharging, Ford is able to squeeze a surprising amount of both power and fuel economy from EcoBoost motors. Final specs on the production 2.0 liter four for the 2011 Ford Explorer haven’t been released, but expect the motor to produce 230 horsepower and 240 ft-lbs of torque. That’s on par with the outgoing 4.0 liter V6, which produced 210 horsepower and 254 ft-lbs of torque.

    The 2011 Ford Explorer is the company’s first with a four cylinder motor, and it will feature unibody construction instead of body-on-frame construction when it’s launched later this year. Fuel economy ratings have yet to be published, but expect a significant increase from the outgoing Explorer v6’s EPA rating of 14mpg city, 20 mpg highway.


  • Daley picks Beale to lead City Council police and fire panel

    Posted by Hal Dardick at 3:14 p.m.



    Mayor Richard Daley has named Ald. Anthony Beale, 9th, to the influential post of City Council Police and Fire Committee chairman.



    “He’s very good,” Daley said today when asked why he picked Beale. “Anthony has a good career. He works very hard for his community. Up and coming political leader. He’s very good. Good government official. He works very hard in the community.”



    If approved by his colleagues, Beale will take the post held until by ex-Ald. Isaac Carothers, 29th. Carothers resigned in February, the same day he pleaded guilty in federal court to accepting bribes in exchange for favorable consideration of a zoning change.



    Carothers, a close ally of the mayor, was considered a political force to reckon with. By contrast, Beale is known for his affable manner and is well liked by his colleagues.



    Beale was first elected in 1999, when he wrested control of the Far South Side ward from the Shaw brothers with the help of U.S. Rep. Jesse Jackson Jr. and Rev. James Meeks.

  • Sony Ericsson’s Zylo Walkman Phone Plays FLAC And Tricks Your Friends


    Sony Ericsson has refreshed its compact Walkman phone line with two new models, and within this post I will be covering the Zylo. This is a basic slider cell phone but has some interesting tricks up its sleeve that make it quite dapper. It’s quite amusing, actually. Sony Ericsson has once again chosen psychadelic color names for this piece of kit, including Jazz Black, Chacha Silver and Swing Pink colors. The Zylo truly is odd. It does have an average 2.6 inch screen (240×320, 262k colors, scratch resistant). However, as I continue on with stating that it has a 3.2 megapixel camera, 2x digital zoom, geo tagging, video recording for the camera, you probably start to wander off. However, simply remember that this is pretty excellent  stuff for what will probably be a low price.

    Thankfully the Zylo has support for MicroSD, and here is where things actually go from eh, not bad to awesome. The Zylo can play MP3/AAC/AAC+/eAAc+/WMA/FLAC files. Yeah, read that again. FLAC. WHAT! Does this mean that Sony may integrate such compatibility with future Walkman devices? There is also word that you can play your favorite tune in the background while chatting away on the handset. And for the little heavens out there, the Zylo also comes preloaded with sounds so you can pretend you are still at work, walking on the street or in a restaurant.

    Let’s look at the other specifications; it is fully loaded with things to give it a Walkman experience, such as Album Art, Playlists, Clear Bass/Stereo, PlayNow, SensMe, Shake Control, and Walkman Player (with cool styles, as shown in the pictures). A NetFront browser is integrated within, and it has Facebook, and Twitter. There is also a built-in accelerometer, gesture control, and animated wallpapers. 3D games are supported, as well as an integrated FM Radio, YouTube, and several other interesting features.

  • Join a ‘Party for the Planet’ with zoos and aquariums nationwide

    By Harriet Blake
    Green Right Now

    The Association of Zoos and Aquariums (AZA) will hold its annual Party for the Planet events from April 17-25, in honor of Earth Day (April 22).

    Party for the Planet at the Houston Zoo

    Party for the Planet at the Houston Zoo

    To locate a party near you, check out the AZA listings. Events will feature environmental education activities and fun (and safe) animal encounters. More than 130 zoos and aquariums are participating.

    • The Aquarium of the Bay in San Francisco will have a two-day celebration April 17-18 when they will showcase such aquatic creatures as Red- Eared Slider turtles, Western Toads, California Newts, Chinchillas and Blue-Tongued Skinks. There will be sustainable seafood and rising sea level discussions, storyteller presentations, hands-on science activities and crafts for environmentalists of all ages. Visitors who show proof of public transportation will also receive a 50% discount on Aquarium admission throughout the weekend. Shoppers also will receive a 20% discount on the Aquarium’s green boutique items.
    • At the Los Angeles Zoo, there will be a two-day Earth Day Expo (April 17-18) which will focus on California wildlife. The event is co-sponsored with radio station K-EARTH 101. It features education, conservation and recycling information in an interactive Earth-friendly environment, including crafts and a chance to meet the K-EARTH deejays.
    • At Chicago’s Lincoln Park Zoo during April 17 and 18, guests will learn how to reduce their family’s carbon footprint at the Eco-Expo. Learn about the benefits of solar energy and see a Project Runway-style fashion show of recyclables. Concessionaires will be selling organic food and drinks. On Earth Day itself (April 22), the zoo will hold its 6th annual Science Celebration, showcasing middle school students’ research projects in the areas of conservation and biology.
    • The Cameron Park Zoo in Waco, Texas (north of Austin) will celebrate April 17 with more than 20 vendors. There will be interactive conservation demonstrations and kids’ activities, as well as booths where guests may be purchase plants, flowers and herbs.
    • The Lehigh Valley Zoo, just outside Philadelphia, will hold its Party for the Planet on April 17. The theme: Get Caught “Green-Handed.” Zoo staff will showcase ways to save the planet and provide conservation tips for daily living. They will focus on our ecological footprint and how to reduce it. As they say on their website: What better way to celebrate Earth Day than by visiting the animals that we share the planet with?
    • Salt Lake City’s Hogle Zoo’s event takes place April 24 and will feature live music, kids activities, animal enrichment and up-close animal presentations. Zoo keepers will be on hand to talk about how “going green” affects animals around the globe. The event also will have a booth on the importance of recycling cell phones and other electronic devices. Guests who bring an old cell phone to be recycled will receive $1 off regular zoo admission.
    • The Houston Zoo will hold its Party for the Planet on April 24 and 25 with its Waste Management Earth Day. The weekend festivities include a recycling relay race, an environmental maze and a re-usable giant coloring mural. The zoo will hold “Meet the Keeper” talks that will focus on conservation and wildlife. Kids will be invited to start a Nature Journal by filling it with photos, stories or artwork describing what they see in their own backyard. The journals will be available at the Earth Day craft booth where kids can begin by decorating the cover.
    • The Staten Island Zoo in New York will hold Our Earth Fair on April 24. The fair will feature green gardening, sustainable living, composting and recycling demos, as well as face painting and crafts. A schedule of zookeeper talks will focus on animal habitats and how they can be protected.

    AZA is a nonprofit organization founded in 1924. It is dedicated to the advancement of zoos and aquariums with special focus on conservation, education, science and recreation.
    Copyright © 2010 Green Right Now | Distributed by GRN Network

  • FoMoCo to debut new traction control on 2011 Ford Explorer

    The 2011 Ford Explorer, which will make its world debut later this year, will come with a new control system that lets drivers select how much traction they want based on the road conditions they are traveling on. The picture above shows a dial at the center of the console, which drives can use to select between four modes including: normal roads, muddy or rutted roads, snowy roads or sand.

    When the driver selects a desired mode, the Explorer will adjust the engine, transmission, brakes, wheel rotation speed and other systems.

    Click here for more news on the Ford Explorer.

    The new tractions control system will come standard on all all-wheel-drive versions of the 2011 Explorer.

    Ford confirmed that its new 2.0L 4-cylinder EcoBoost will debut in the next-generation Ford Explorer and Ford Edge. Production of the next-generation Explorer will start at FoMoCo’s Chicago Assembly Plant beginning in the fourth quarter of this year, bringing approximately 1,200 new jobs to the Chicago region.

    – By: Kap Shah

    Source: FreePress


  • Ambitious undertaking

    The United States plans to cut its fossil fuel use from about 80 percent of the energy consumed now to just 20 percent by 2050, an ambitious undertaking that requires immediate shifts to be achieved, according to a key U.S. energy official.

    Kristina Johnson, undersecretary at the U.S. Department of Energy (DOE), said an array of measures will be needed to achieve that goal, including conservation and new technologies. But if technology is to help solve the climate conundrum, the process of turning new discoveries into usable products has to be accelerated, since it now can take decades to go from the lab to the market, Johnson said.

    Johnson spoke Tuesday (April 13) at the Graduate School of Design’s Gund Hall as part of the Harvard University Center for the Environment’s (HUCE) “Future of Energy” lecture series. Her talk, “The Role of Innovation in Solving America’s Energy and Environmental Challenges,” was introduced by HUCE Director Daniel Schrag, who said Johnson is part of an “amazing cohort” of educated leaders brought into the government to deal with energy issues. Before joining the DOE, Johnson, who has a doctorate in electrical engineering from Stanford University, was provost at The Johns Hopkins University.

    Johnson said the DOE’s energy goals can be summed up rather simply: Put people back to work, get them back to school, and save the planet. Turning innovation in the energy sector into jobs is important, she said, as is ensuring that students graduating from U.S. schools have the skills needed for the energy sector. Saving the planet is part and parcel of the reduction in fossil fuel use needed to fight climate change.

    Johnson said that switching the transportation sector from fossil fuels is a bigger challenge than reducing such fuels in the electricity sector. The biggest challenge, however, is time. There is little of it if the world is to keep global temperature change to an average of 2 degrees Celsius above 1990 levels. Doing nothing and passing the problem on to our children would be like “rolling up the window of a car on a hot summer day with our children trapped inside.”

    Americans also have competition for supremacy of the emerging clean energy industry, she said, since China is moving rapidly toward generating renewable energy, investing as much as $12.6 million on clean energy every hour.

    The United States emits about 6 gigatons of carbon into the atmosphere each year. If no systemic changes are made, she said, that number will mushroom to 8 gigatons annually by 2050. The goal is to get it below 2 gigatons, she said. Energy efficiency could make a significant dent in that number, but alone could only keep it roughly at today’s level. A suite of changes, including increased use of biofuels, more nuclear power, carbon capture, sequestration technology (which keeps carbon dioxide generated by fossil fuel burning plants from the atmosphere), renewable energy sources, and other options will be needed to meet the goal.

    The DOE has several programs to foster innovation in solar, wind, geothermal, and other energy sources.

    The United States, she said, has a long history of world-changing innovation, from the model T car to the transistor. The DOE is working not only to foster innovation in the lab, but to speed its transition through the long process of reaching the marketplace.

    “We have an urgency to invent or discover anything that possibly can help us now,” Johnson said. “We need to create a technologically savvy culture where everyone understands how we use energy.”

  • Think Gene Patents Are Controversial Now? Just Wait

    DNAThe controversy over gene patents is not going away anytime soon. As the WSJ reports, a Duke University study concludes that exclusive licensing of gene-based diagnostic tests can keep patients from benefiting from genetic discoveries and often leads to legal wrangling.

    And current disagreements surrounding gene patents –- such as the recent federal court decision to invalidate seven patents covering the BRCA1 and BRCA2 genes licensed solely to Myriad Genetics –- may be small potatoes compared with what lies ahead. If the price of mapping a person’s entire genome continues to fall, what are the consequences of the “hundreds or thousands of patents already issued and exclusively licensed gene by gene?” Robert Cook-Deegan, head of the Duke Institute for Genome Sciences & Policy, who led the study, asks in an interview with the WSJ. “How will you offer full gene sequencing without getting sued?”

    Of course, the $1,000 genome is likely years away, and those who favor exclusive patents on diagnostics say they’re necessary for companies to make their money back on research and development.

    But exclusive patents may already be keeping some patients in the dark, the WSJ article says. It describes a new method of genetic testing called chromosomal microarrays that can pick up chromosomal abnormalities in the genome. What’s a doctor to do if that kind of analysis encompasses a gene that’s already patented — tell the patient or stick to the letter of the law?

    Image: Wikimedia Commons


  • Shareholders call on Massey Energy to fire Don Blankenship

    Shareholders are calling on Massey Energy to seek the immediate resignation of chairman and CEO Don Blankenship in the aftermath of the West Virginia disaster that killed 29 miners, the worst in forty years. Brad Johnson has the story in this repost.

    The Change to Win Investment Group — a union pension fund group with over $200 billion in assets — believes the Upper Big Branch mine explosion is the “tragic consequence of the board’s failure to challenge Chairman and CEO Blankenship’s confrontational approach to regulatory compliance.” New York State Comptroller Thomas P. DiNapoli, who controls about $14.1 million of Massey stock as the trustee of the New York State Common Retirement Fund, blasted Massey’s “callous disregard for the safety of its employees” as a “failure both of risk management and effective board oversight”:

    Massey’s cavalier attitude toward risk and callous disregard for the safety of its employees has exacted a horrible cost on dozens of hard-working miners and their loved ones. This tragedy was a failure both of risk management and effective board oversight. Blankenship must step down and make room for more responsible leadership at Massey.

    Early this morning, the last of the 29 bodies of the miners killed were recovered from the mine. Yesterday, Standard & Poors upgraded Massey to a “buy,” saying the tragedy’s “financial effect” was “immaterial.”

    Related Posts:

  • mocoNews Quick Hits 04.14.2010


    Skyfire Windows Mobile Browser

    »  Following in Opera’s footsteps, Skyfire announced plans to build an iPhone browser too. [Pocket-lint]

    »  Verizon V Cast Video will stream selected live performances from this year’s Coachella Valley Music & Arts Festival. [Fierce Mobile Content]

    »  On weekdays, BlackBerry app usage is higher than that of the iPhone; on the weekend, iPhone owners use apps more frequently. [Localytics]

    »  Possible bidders for Palm (NSDQ: PALM), including Huawei. [Wired]

    »  Sony (NYSE: SNE) Ericsson (NSDQ: ERIC) adds two Walkman phones, the Zylo and Spiro, to integrate music with social networking. [Release]

     


  • Closing Bell: Here’s What You Need To Know About Today’s Bubblicious Trading Day

    hockeyvictory1980s.jpg

    Stocks soared today on higher earnings and positive economic data. Here’s the rundown:

    Dow: Up 103 points to 11,122.

    NASDAQ: Up 38 points to 2504.

    S&P 500: Up 13 points to 1210.

    Commodities: Oil is up $1.85 to $85.90 a barrel. Natural gas futures are up 0.9% to 4.1910.

    Gold is up $1.50 to $1154.90 an ounce. Silver is up $0.16 to $18.41 an ounce.

    Now here are the stories you need to know:

    • Tim Geithner is calling the recovery real saying that the U.S. is expanding “faster than expected” and that the U.S. is improving at a greater pace than other developed economies.
    • The Fed has said that the economy expanded “somewhat” in March with 11 out of 12 U.S. districts showing expansion, according to Bloomberg. Only St. Louis showed declining conditions.
    • Ford’s sales are improving at a better rate than anytime since 1977. The American automobile company’s sales rose 2.7 percentage points in the first quarter. The stock is up 4.77%.
    • The war over financial reform expanded today as Austan Goolsbee, the President’s economic advisor, went on CNBC to attack big banks for their lobbying push on the Republican Party. President Obama also called for more agressive regulation of derivatives today, and Sen. Dodd is pushing Republicans to stop their lobbying campaign or face being kicked out of reform negotiations.
    • Apple is delaying the launch of its iPad outside of the U.S. due to unprecedented demand in the American market. Apple analyst Gene Munster has upped his call on the stock to $299.

    Join the conversation about this story »

  • Lightworks: Academy And Emmy Award Winner Software Goes Open-source [Linux Software]

    Academy® and Emmy® award-winning video editing software Lightworks has gone Open Source. The non-linear video editing software has been released as a platform and offers support for user-developed plugins. This also allows developers to sell the plugins they have created. Lightworks has a centralized marketplace to manage this.

    Lightworks supports resolution and codec independent editing of videos. It also supports live video editing and has many effects to choose from.

    Apparently, Editshare did not create Lightworks but just acquired it. EditShare writes on the open-sourcing at its official blog saying,

    EditShare®, the technology leader in cross-platform collaborative editing and shared media storage, unveiled plans for the newly acquired Lightworks solution at the NAB 2010 exhibition on opening day. The company has transformed the time-honored editing solution into Lightworks Open Source, the industry’s first open-source development initiative for a large-scale, non-linear editing (NLE) platform. A departure from standard 3rd-party developer programs that limit access, the Lightworks Open Source platform offers an unprecedented gateway into the NLE’s core engine, enabling a wide-range of creative developers to implement forward-thinking features and workflows.

    The announcement has just been made and it will be another two to three months before the software is available for free download.


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