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  • Obama Plunges In Polls Thanks To Wall Street Bailouts And Ballooning Deficits

    Aaron Task: What a difference a year makes. The stock market has come a long way in the past 12 months and so have President Obama’s approval ratings, but in the opposite direction.

    The latest WSJ/NBC News poll shows Obama’s approval ratings have slipped below 50% for the first time in his presidency and have suffered the steepest first-year decline in modern American history.

    There’s good reason Obama’s poll numbers have fallen, most notably his mishandling of the banks, as Henry and I discuss here and in the accompanying clip. Obama may talk tough about “fat-cat bankers” but the actions of his administration suggest policy is still being conducted at their behest.

    Beyond “bailout fatigue”, Americans are upset with Obama about the ongoing spending spree in Washington. On Thursday, the Democrat-controlled House passed a $290 billion increase to the government’s debt ceiling as well as a $154 billion package aimed at boosting jobs and aiding state governments.

    In his Dec. 8 speech at the Brookings Institute, Obama declared: “Even as we have had to spend our way out of this recession in the near term, we have begun to make the hard choices necessary to get our country on a more stable fiscal footing in the long term.”

    But again, actions speak louder than words, and it’s clear to most Americans we are still in the “spending our way out of the recession” phase. That might be the “right” thing to do with unemployment and foreclosures at startling levels, but many taxpayers understandably worry about what happens when the bill come due for all this spending.

    Meanwhile, Obama has disappointed his liberal base on a number of fronts, including the Afghan troop surge, the absence of a public option in health-care reform and lack of progress at the Copenhagen climate meeting.

    Given all that, it’s not surprising Obama’s ratings have fallen and just 35% of Americans feel positively about his party vs. 49% in February, according to the WSJ/NBC poll.

    With incumbents of all stripes feeling the heat, that bodes poorly for the majority party in the 2010 mid-term elections. About the only good news for President Obama is he’s not up for reelection until 2012 so he has time to right the administration’s ship, which needs a “change” of course.

    Join the conversation about this story »

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  • Google URL Shortener

    Google URL Shortener at goo.gl is a service that takes long URLs and squeezes them into fewer characters to make a link that is easier to share, tweet, or email to friends. The core goals of this service are:

    * Stability – ensuring that the service has very good uptime
    * Security – protecting users from malware and phishing pages
    * Speed – fast resolution of short URLs

    Google URL Shortener is currently available for Google products and not for broader consumer use.

    More information [Google]

  • BlackBerry News From The Wire for the Week of 12/14/2009

    The Internet is always good for a hoax now and then. We see them all the time, and have seen quite a few BlackBerry related ones. Someone gets their hands on an image and Photoshop and just can’t help themselves. They mock up a phone to make it look all neat and pretty, but in the end it’s just a normal device. We got something of that this week. A Sprint-branded BlackBerry Essex showed up in image form, but something about it didn’t seem right.

    (more…)

  • Visions of Grandeur: Refreshed Hyundai Azera on the horizon?

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    KDM Hyundai Grandeur – click for high-res gallery

    The Hyundai Azera is a perfectly nice car in a background-supporting-role kind of way. While the slow-selling model might seem to be something of a moot point now that the Genesis sedan is on U.S. soil, a refreshed version of the sedan has just debuted in its home country – albeit under the Grandeur nameplate. It’s still unclear whether this version of the Grandeur will come to our market as an update for the Azera, but its mere existence signals that Hyundai believes that there’s a place for a offering above the swanky new YF Sonata.

    The new Grandeur is still conservatively styled and attractive. There’s some more angularity up front, a bolder grille and restyled headlamps, but the car is still not in danger of grabbing you by the eye lashes and making you pay attention. LED taillights and a reshaped bumper define the rear view, and a new package brings Alcantara seats to the interior.

    No word yet on any further refinements to the interior or any mechanical changes to the 3.3-liter V6 powertrain, but we’ll keep hunting for more information.

    In any case, being that the Grandeur/Azera is a front-wheel-drive car with more cylinders and more traditional styling than the new Sonata, Hyundai may yet be holding a spot for this vehicle in America – right in the narrow niche between Sonata and Genesis.

    Gallery: Hyundai Grandeur

    [Source: Hyundai]

    Visions of Grandeur: Refreshed Hyundai Azera on the horizon? originally appeared on Autoblog on Thu, 17 Dec 2009 13:29:00 EST. Please see our terms for use of feeds.

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  • Keeping Kitties Warm

    My three kitties really do their best to help keep me nice and toasty warm (I’m sure there’s absolutely no benefit for them in that), so I’ve been thinking about getting them a nice little bed that they can go to when my lap, legs or even my shoulders are not available for their slumbering presence.

    petbed

    I really like the idea of a heated bed for them, and I know that they and the dogs would actually really appreciate it. Though we don’t really get below freezing here, the drop in temperature does obviously bother them (this is evidenced by all of them tolerating each other long enough to lounge in a patch of sunshine on the floor in an attempt to warm up).

    Amazon has a lot of these types of pet beds to choose from, and the one pictured above comes in several different sizes. (Though I’m still only looking at this point, I can’t help but be amused by the thought of all the cats and dogs cramming themselves into the largest one together.) The detachable power cord is also chew resistant with a 12 volt power adapter, and the bed cover is machine washable.

    If the thought of having something plugged in and generating heat bothers you, there are also these little heat discs that you warm in the microwave before tucking it in with your pet.

    [image: amazon]

    Post from: Blisstree

    Keeping Kitties Warm

  • 3µ (microns) of blood is — frustrating (Breeze2)

    Though I have SO LOVED the convenience of the test strip DISCS in the Bayer BREEZE2 monitors — I’m finding that the 3µ (microns) of blood needed to get a reading without that horrible E8 error that means not enough blood (and wastes a strip) is just a HASSLE.. I’m at that point where I have callouses forming on my fingers from all the testing.. and I have to prick deeper and deeper to get enough blood to FILL this dang thing..

    Have any of you STOPPED using the Breeze2 because of that? I have a ReliOn Micro as my backup meter and the one I use when my strips paid for by my insurance run out mid month — and it only requires 1µ of blood — the tiniest little drop that I can barely see is enough for the ReliOn and gets sucked into the strip perfectly every time — a perfect reading.. I’m so tempted to go back to that meter – No insurance pays for the ReliOn since it’s cheap to begin with — but still the strips are $42 for 100 and I get 100 for $35 from my scrip for any meter my Insurance is covering on their formulary at a given time. And I still need about 200 strips a month for my testing preferences (6 months into DX).. So doing ‘all’ ReliOn Micro strips would cost more..

    So have any of you stopped the Breeze2 because of this ‘conundrum’? The strips are so TINY compared to others — and yet need a BOATLOAD of blood.. Are there any other DISC manufacturers for the Breeze2 that have strips that would need less blood? I thought I saw that the Breeze2 accepted ‘some other company’s’ discs.

  • The Latest uTorrent 2.1 Alpha Comes with Streaming Video Support

    uTorrent, the most popular bittorrent client in the world now owned and developed by BitTorrent, is getting closer to the 2.0 release, which packs some pretty big features and updates. One feature is support for the new uTP protocol, the latest iteration of the BitTorrent protocol dating from 2001, which can adjust bandwidth consumption depending on network conditions. The new uTorrent 2.0 Release Candidate 1 also comes with very interesting features and support for video streaming. UPDATE: Video streaming was introduced in the latest 2.1 alpha release, not in the release candidate version.

    The official release notes for the RC list these updates:

    -We’ve added UDP tracker support!
    -uTP has been improved significantly over the previous alpha, with many bugs fixed and performance improvements. It’s no longer hidden in Advanced settings.
    -The setup dialog has been overhauled to make it much easier to use and with a built-in speed test. It’s still not quite complete yet, but this will give you a good taste of what we’re up to with it!
    -A new transfer cap feature has been added to track bandwidth usage, along with graphs to show your usage.

    Better things are still to come, though. As TorrentFreak notes that perhaps the most exciting new feature in the upcoming 2.1… (read more)

  • How To Hate The Dollar And Short The Gold Hype At The Same Time

    As Joe Weisenthal previously highlighted via Reuters, the Norwegian Krone is an interesting alternative to gold for those who wish to short the U.S. dollar. This is because Norway has a budget surplus, is rich with natural resources, a stable economy, etc.

    NOK

    Yet we’ll take it one step further.

    Sure the Krone has done well year to date against the dollar. Yet so has gold, and in fact gold has done far better than the Krone, as shown below (we used the gold EFT ‘GLD’ to represent gold). This shows how gold may have been overhyped and moved too far, even as a dollar-short position, since it outperformed even the rock-solid krone as well.

    Thus this spread between the performance, shown below, could represent gold’s hype, above and beyond its value as a hedge against the dollar.

    NOK

    Which means that a far more interesting krone trade, in our view, might be to long the krone yet short gold. You would simply be betting that the spread below closes, no matter where the dollar goes. Thus it’s dollar neutral (you don’t have to become dollar-bullish), yet allows you to act on a belief that gold has been over-hyped.

    This is just the beginning of an idea, everyone should of course due their own due diligence.

    Join the conversation about this story »

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  • Michael Merzenich on Brain Training, Assessments, and Personal Brain Trainers

    Dr. Michael Merzenich Dr. Michael Merzenich, Emeritus Professor at UCSF, is a leading pioneer in brain plasticity research. In the late 1980s, Dr. Merzenich was on the team that invented the cochlear implant. In 1996, he was the founding CEO of Scientific Learning Corporation (Nasdaq: SCIL), and in 2004 became co-founder and Chief Scientific Officer of Posit Science. He was elected to the National Academy of Sciences in 1999 and to the Institute of Medicine this year. He retired as Francis A. Sooy Professor and Co-Director of the Keck Center for Integrative Neuroscience at the University of California at San Francisco in 2007. You may have learned about his work in one of PBS TV specials, multiple media appearances, or neuroplasticity-related books.

    (Alvaro Fernandez) Dear Michael, thank you very much for agreeing to participate in the inaugural SharpBrains Summit in January, and for your time today. sharpbrains_summit_logo_webIn order to contextualize the Summit’s main themes, I would like to focus this interview on the likely big-picture implications during the next 5 years of your work and that of other neuroplasticity research and industry pioneers.

    Thank you for inviting me. I believe the SharpBrains Summit will be very useful and stimulating, you are gathering an impressive group together. I am looking forward to January.

    Neuroplasticity-based Tools: The New Health & Wellness Frontier

    There are many different technology-free approaches to harnessing -enabling, driving- neuroplasticity. What is the unique value that technology brings to the cognitive health table?

    It’s all about efficiency, scalability, personalization, and assured effectiveness. Technology supports the implementation of near-optimally-efficient brain-training strategies. Through the Internet, it enables the low-cost distribution of these new tools, anywhere out in the world. Technology also enables the personalization of brain health training, by providing simple ways to measure and address individual needs in each person’s brain-health training experience. It enables assessments of your abilities that can affirm that your own brain health issues have been effectively addressed.

    Of course substantial gains could also be achieved by organizing your everyday activities that grow your neurological abilities and sustain your brain health. Still, if the ordinary citizen is to have any real chance of maintaining their brain fitness, they’re going to have to spend considerable time at the brain gym!

    One especially important contribution of technology is the scalability that it provides for delivering brain fitness help out into the world. Think about how efficient the drug delivery system is today. Doctors prescribe drugs, insurance covers them, and there is a drug store in every neighborhood in almost every city in the world so that every patient has access to them. Once neuroplasticity-based tools and outcomes and standardized, we can envision a similar scenario. And we don’t need all those drug strores, because we have the Internet!

    Having said this, there are obvious obstacles. One main one, in my mind, is the lack of understanding of what these new tools can do. Cognitive training programs, for example, seem counterintuitive to consumers and many professionals – why would one try to improve speed-of-processing if all one cares about is “memory”? A second obvious problem is to get individuals to buy into the effort required to really change their brains for the better. That buy-in has been achieved for many individuals as it applies to their physical health, but we haven’t gotten that far yet in educating the average older person that brain fitness training is an equally effortful business!

    Tools for Safer Driving: Teens and Adults

    Safe driving seems to be one area where the benefits are more intuitive, which may explain the significant traction.

    Yes, we see great potential and interest among insurers for improving driving safety, both for seniors and teens. Appropriate cognitive training can lower at-fault accident rates. You can measure clear benefits in relatively short time frames, so it won’t take long for insurers to see an economic rationale to not only offer programs at low cost or for free but to incentivize drivers to complete them. Allstate, AAA, State Farm and other insurers are beginning to realize this potential. It is important to note that typical accidents among teens and seniors are different, so that training methodologies will need to be different for different high-risk populations.

    Yet, most driving safety initiatives today still focus on educating drivers, rather that training them neurologically. We measure vision, for example, but completely ignore attentional control abilities, or a driver’s useful field of view. I expect this to change significantly over the next few years.

    Long-term care and health insurance companies will ultimately see similar benefits, and we believe that they will follow a similar course of action to reduce general medical and neurodegenerative disease- (Mild Cognitive Impairment and Alzheimer’s- and Parkinsons-) related costs. In fact, many senior living communities are among the pioneers in this field.

    Boomers & Beyond: Maintaining Cognitive Vitality

    Mainstream media is covering this emerging category with thousands of stories. But most coverage seems still focused on “does it work?” more than “how do we define It”, “what does work mean?” or “work for whom, and for what?” Can you summarize what recent research suggests?

    We have seen clear patterns in the application of our training programs, some published (like IMPACT), some unpublished, some with healthy adults, and some with people with mild cognitive impairment or early Alzheimers Disease (AD). What we see in every case: 1) despite one’s age, brain functioning can be improved, often with pretty impressive improvement in a short-time frame and limited time invested (10 or 20 or 30 or 40 hours over a period of a few weeks up to 2 or 3 months). 2) Basic neurological abilities in 60-90 year olds that are directly subject to training (for example, processing accuracy or processing speed) can be improved to the performance level of the average 20 or 30 or 40 year old through 3-10 hours of training at that specific ability. 3) Improvements generalize to broader cognitive measures, and to indices of quality of life. 4) Improvements are sustained over time (in different controlled studies, documented at all post-training benchmarks set between 3 to 72 months after training completion).

    In normal older individuals, training effects endure – but that does not mean that they could not benefit from booster or refresher training — or from ongoing training designed to improve other skills and abilities that limit their older lives. Importantly, a limited controlled study in mildly cognitively impaired individuals showed that in contrast to normal individuals, their abilities declined in the post-training epoch. These folks had improved substantially with training. Even while there abilities slowly deteriorated after training, they sustained their advantages over patients who were not trained. We believe that in these higher-risk individual, continued training will probably be absolutely necessary to sustain their brain health, and, if it can be achieved (and that is completely unproven), to protect them from a progression to AD. Moreover, for both these higher-risk and normal individuals, interventions should not be thought of as one-time cure-alls. Ongoing brain fitness training shall be the way to go.

    A major obstacle is that there is not enough research funding for appropriate trials to address all of these issues, especially as they apply for the mildly cognitively impaired (pre-AD) or the AD populations. We’d welcome not only more research dollars but also more FDA involvement, to help clarify the claims being made.

    Next Generation Assessments

    A key element for the maturity of the field will be the widespread use of objective assessments. What do you see in that area?

    Unfortunately, most researchers and policy initiatives are still wedded to relatively rudimentary assessments. For example, I recently participated in meetings designed to help define a very-well-supported EU initiative on how cognitive science can contribute to drug development, in which most applied assessments and most assessments development were still paper-based. This is a major missed opportunity, given the rapidly growing development and availability of automated assessments.

    I believe we will see more independent assessments but also embedded assessments. For instance, in Scientific Learning we routinely use ongoing embedded assessments and cross-referenced state test achievement scores to develop models and profiles designed to determine the regimes of neuroplasticity-based training programs that must be applied so that individual students, school sites and school districts may achieve their academic performance goals.

    Implications for Medicine and Mental Health

    It seems clear that neuroplasticity-related assessment and training tools will impact medicine and mental health. Where and how do you think that may happen first?

    This may surprise people who haven’t been following the area closely, but I believe cognitive training may well become a crucial part of the standard of care in schizophrenia over the next 3 or 4 years. With academic partners at UCSF, Yale and Konstanz University, and through the development of programs that effectively address cognitive deficits that limit this patient population, we have already designed a training program that is appropriate for evaluation in a medical-device-directed FDA trial. There is already agreement about the application of the MATRICS neurocognitive assessment battery for an FDA outcomes trial in this population, and NovaVision’s FDA approval of their stroke & TBI rehab strategies provide any important FDA precedent.

    The NIH has been a key enabler of the NIH Toolbox, and the MATRICS process, both to standardize assessments. What impact may these have in schizophrenia and beyond?

    The FDA’s adoption of MATRICS as a standard is a crucial step, because it provides a clear set of benchmarks that apply for any drug or non-drug approach to treatment. We would like to see the FDA establish similar benchmarks for all major clinical indications in neurological and psychiatric medicine. I haven’t followed the ToolBox so closely, and can’t really comment about its possible utility.

    If we talk about wider clinical practice, we must recognize that many psychologists are attached to older forms of therapy that don’t incorporate contemporary cognitive neuroscience findings, and that neurologists and psychiatrists are strongly pharmaceutically oriented, and in any event are greatly pressed for time. Perhaps clinical practice will only change once we have developed the tools necessary to help professionals monitor the brain function and training (treatment) status of the very large number of patients that might typically be under their care.

    Integrating Cognition with Home Health and Medical Home Models

    That’s a very interesting point. How may remote monitoring and interventions happen? Is this similar to the model Cogmed uses today to deliver its working memory training via a network of clinicians?

    We will probably see hybrid models emerge first. The clinician will, as usual, establish a diagnosis and initiate treatment in their office or clinic, probably with the assistance of a trained therapist. At some point, the therapy will continue at home. The therapist and the supervising clinician would be able to remotely monitor the patient’s performance by the use of our Internet tools. This model, originally developed and widely applied by Scientific Learning, has also been employed by Cogmed.

    Only later may full telemedicine models emerge, where perhaps a neurologist monitors the brain function of several patients using appropriate tools, and identifies potential personalized preventive interventions with red flags that call for an office (or virtual) visit.

    What’s Next?

    This has been a fascinating conversation, and a great context to the themes we will cover in depth in the summit. What else do you think will happen over the next few years?

    First, I believe we’ll need to focus on public education, for people to understand the value of tools with limited “face value”. One important aspect of this is the need to find balance between what is “fun” and what has value as a cognitive enhancer – which requires the activities to be very targeted, repetitive and slowly progressive. Not always the most fun – people need to think “fitness” as much or more than “games.”

    Second, I believe the role of providing supervision, coaching, support, will emerge to be a critical one. Think about the need for having a piano teacher, if you want to learn how to play the piano and improve over  time. Technology may help fill this role, or empower and richly support real “coaches” who do so.

    Which existing professional group is more likely to become the “personal brain trainers” of the future? or will we see a new profession emerge?

    Frankly, I don’t know. To give you some context, at Scientific Learning we experimented with offering free access to therapists for a 2-month training. At Posit Science we first experimented with virtual ‘coaches’ that many people seemed to hate, and later encouraged people who had completed the program to volunteer and coach new participants. Results were mixed. We’re now exploring other possibilities.

    Let me mention a few other aspects. I believe we will also see a growing number of applications in languages other than English, which will be key given growing interest in South Korea, Japan and China on aging workforce issues (until now they have been mostly focused on childhood development, using English-based programs). We will also see the programs widely available to people who may not have computers at home. For example, Posit Science recently donated software equivalent in value to $1m to the Massachusetts public library system, as a model of how wider access (in this case, to help older drivers) might be provided.

    My dream in all of this is to have standardized and credible tools to train the 5-6 main neurocognitive domains for cognitive health and performance through life, coupled with the right assessments to identify one’s individual needs and measure progress. For example, I’d like to know what the 10 things are that I need to fix, and where to start. Assessments could either measure the physical status of the brain, such as the degree of myelination, or measure functions over time via automated neuropsych assessments, which is probably going to be more efficient and scalable and potentially be self-administered in a home health model.

    Mike, thank you very much once more for your time and insights.

    My pleasure. I am lookingsharpbrains_summit_logo_web forward to the very innovative Summit that SharpBrains is putting together to convene our little growing community.

    For more information on the SharpBrains Summit (January 18-20th, 2010): click Here.

  • OUTRAGE OF THE DAY: Idiot Company Retaliates Against Shortseller In Innovative New Way

    AngryCouple

    A respected institutional investor sends the following note describing an innovative new way an idiot manager is punishing him for betting against the company.

    For what it’s worth, based on our years on Wall Street, the investor is exactly right: The stronger the reaction from the company, the more they’re hiding and the more likely the stock will crash.

    One of the headaches (joys?) of being a short seller is the occasional (frequent?) vitriol from companies – and my experience is that the stronger the reaction from the company, the more they’re hiding and the harder the stock will crash. 

    For example, I found out recently that the CFO of a company we’re short told his child to end the friendship with my child because of what I’d said about his company.  I am not making this is up – it’s psycho on so many dimensions! 

    Incidentally, we immediately shorted more, not in anger but because:

    A) How bad must things be at the company if the CFO is so freaked out by a few passing mentions that we’re short his stock to react this way?; and

    B) Knowing that a company has a psycho CFO makes it an even higher-conviction short.

     

    Join the conversation about this story »

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  • Technology Transfer Tactics, December 2009 Issue

    The following is a list of the articles that appear in the December 2009 issue of Technology Transfer Tactics monthly newsletter. If you are already a current subscriber click here to log in and access your issue. Not a subscriber already? Subscribe now and get access to this issue as well as access to our online archive of back issues, industry research reports, sample MTAs, legal opinions, sample forms and contracts, government documents and more!

    Technology Transfer Tactics,
    Vol. 3, No. 12 (pp 177-192) December 2009

    • Best practice tools and strategies for university start-ups. A start-up is by definition lacking in experience. And though a few lucky ones have veteran leaders who’ve been through the process before, that’s the exception rather than the rule when it comes to university spinouts. It stands to reason, then, that start-up managers are in dire need of best practices, and that’s exactly what Georgia Tech’s Advanced Technology Development Center (ATDC) is delivering. The center has posted a series of best practice documents on its website in an attempt to reach out to more of the region’s start-ups than it can work with directly.
    • New push for global access licensing attracts broad support, adds complications. In the latest milestone in a movement that has been gaining steam for at least the last decade, the Association for University Technology Managers (AUTM) and six prominent universities have endorsed a “Statement of Principles and Strategies for the Equitable Dissemination of Medical Technologies.” The statement is a general outline of seven practices designed to ensure that university licensing facilitates, rather than impedes, the delivery of life-saving medicines to the developing world.
    • U of Delaware creates IP gateway to boost commercialization. In less than three years, technology transfer at the University of Delaware (UD) in Newark has evolved from an acknowledged bare-bones licensing effort into broad-scale commercialization activity.
    • Use patent analytics to ID licensees and get deals done. Finding licensees for your IP is a challenge in any environment, but in a recession it can seem more like waiting for lightning to strike — and about as likely. The key to sniffing out deals in a down economy, according to one IP consultant, is taking a proactive approach and increasing your odds by employing patent analytics.
    • TAEUS introducing new ways to attract licensees. TAEUS International Corp., based in Colorado Springs, CO, is on the cusp of launching several software products in early 2010 that could help university TTOs implement standardized systems to describe patented technologies for the IP marketplace and then put those technologies in front of potential licensees, says Matt Troyer, vice president of innovation at the full-service IP firm.
    • Patenting partnership makes TTO’s law firm part of the team. As a relatively small technology transfer office, the Office of Economic Innovation and Partnerships (OEIP) at the University of Delaware (UD) in Newark “doesn’t have the luxury of being able to personally guide every single invention or patent application that comes into our office,” says Bruce Morrissey, director of technology development at OEIP’s IP Center. “So we developed a team approach with our law firm to get some leverage on that process.”
    • Manage expectations of state lawmakers to secure long-term support for tech transfer. Politics and tech transfer make strange bedfellows, but with jobs and revenues evaporating in many states, it’s increasingly difficult for TTOs to avoid turf wars in the halls of their own statehouses. And some of the battles are getting ugly.
  • Oil Prices Falling Again

    oilAlong with everything else, oil is selling off.

    —-

    AP: Oil prices fell to around $72 a barrel Thursday as investors mulled whether recent signs of recovering crude demand can be sustained next year and the dollar strengthened against other currencies.

    By early afternoon in Europe, benchmark crude for January delivery was down 70 cents to $71.96 in electronic trading on the New York Mercantile Exchange.

    On Wednesday, the contract surged by $1.97 to settle at $72.66 after the Energy Information Administration said that crude supplies and distillate fuels including heating oil dropped by more than analysts expected.

    Some analysts are skeptical that demand growth can continue beyond the middle of next year as the impact of massive government stimulus spending begins to ebb.

    London-based Capital Economics expects oil to fall to near $50 a barrel by the end of next year on weaker than expected demand and a stronger U.S. dollar. Investors have often bought commodities such as crude this year as a hedge against inflation.

    “As the boost from policy stimulus starts to fade and underlying weaknesses reassert themselves, demand should slow again,” Capital Economics said in a report.

    “If we are right that the U.S. dollar resumes its recent recovery and fears of inflation and asset bubbles fade, oil prices should drop back next year too.”

    JBC Energy in Vienna noted that the weekly EIA report also contained bearish data and wasn’t as supportive of the spike in crude prices as some may have thought.

    The inventory data also contained a fair share of bearish data that seems to have been overlooked,” JBC said in a market report, pointing to lower crude imports as one of the reasons for the drop in crude stocks. “Meanwhile, the strong drawdown in distillates was caused by colder weather and not a rebound in economic activity … Indeed, it will take more of an ice age rather than just seasonal weather to correct this overhang.”

    Fluctuations in the dollar’s exchange rate continued to influence oil prices. Commodities priced in dollars become cheaper for investors holding other currencies when the dollar weakens, but a stronger dollar sometimes points investors in other directions.

    The release of weekly U.S. unemployment claims later Thursday will be watched closely by the market for signs of how the world’s largest economy is doing.

    “The U.S. economic figures could impact the direction of the U.S. dollar, and it looks like the current crude oil price could be quite sensitive to any U.S. dollar movements,” said analysts at Sucden Financial in London.

    On Thursday, the euro was near a three-month low, down to $1.4360 from $1.4516 late Wednesday in New York while the British pound slipped to $1.6115 from $1.6310.

    In other Nymex trading in January contracts, heating oil fell 1.37 cents to $1.9521 while gasoline fell 1.25 cents to $1.8614. Natural gas rose 8 cents to $5.542 per 1,000 cubic feet.

    In London, Brent crude for February delivery fell 65 cents to $73.64 on the ICE Futures exchange.

    Join the conversation about this story »

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  • WRPS donates $500,000 to WSU Tri-Cities and Columbia Basin College

    Published Dec. 2009
    Tri-Cities Area Journal of Business staff

    Washington River Protection Solutions, the Hanford tank operations contractor, is donating $500,000 to benefit local higher education programs at Washington State University Tri-Cities and Columbia Basin College.

    The majority of the money will support science, technology, engineering and mathematics efforts at Washington State University Tri-Cities and Columbia Basin College.

    The remaining portion will be used for general scholarships and local small business assistance through student internships.  Each institution is receiving $125,000 this year.  An additional $125,000 each will be awarded in 2010.

    “Quality higher education opportunities, especially in technical fields like science and engineering, are critical to the success of both our company’s environmental cleanup mission and our community’s overall economic health and vitality,” said Chuck Spencer, WRPS Project Manager.

    WRPS, which is owned by URS Corporation and EnergySolutions, with integrated subcontractor AREVA, is a prime contractor to the U.S. Department of Energy’s Office of River Protection and is responsible for reducing the risk posed by the waste stored in Hanford’s aging underground tanks.

    The company is working to transfer the waste stored in 149 leak-prone single-shell tanks—some of which date back to World War II—to newer, safer double-shell tanks.  It is also preparing for delivery of the waste to Hanford’s Waste Treatment Plant where it will be converted to a stable glass form for permanent disposition.

    “Both WSU Tri-Cities and CBC are dealing with substantial cuts in state funding, yet enrollment demand is up,” Spencer said.  “We want to help them maintain their programs as much as possible.”

    At WSU Tri-Cities, the initial $125,000 will address a number of needs, including upgrades of Energy and Environmental Laboratory equipment, student research projects in science and engineering, student internships to support local small businesses with a preference toward those in the technology of manufacturing sectors and those located within the Tri-Cities Research District, and general student scholarships.

    “This investment in WSU Tri-Cities benefits small businesses and employers – in addition to our students – by providing scholarships, undergraduate research, internships, and teaching laboratory development,” WSU Tri-Cities Chancellor Vicky L. Carwein said.  “In these times of tightening budgets and a growing demand for education, WRPS is helping economic development on multiple fronts with this gift to our campus.”

    The CBC funds are targeted primarily for the college’s nuclear technology program re-established this past fall to train a new generation of workers in nuclear operations and radiation protection.

    WRPS has committed to a base level of support for the program for five years through cash support, scholarships and student internships.  Additional funding will be provided to allow expansion of the program and provide for some general scholarships as well.

    “The support from WRPS has been invaluable.  Without the funds we could not have begun the program this fall quarter, said Donna Campbell, CBC’s vice president for instruction.  “The initial donation was used for five full scholarships awarded to students enrolled in the Nuclear Tech program, and the remaining was used to purchase equipment needed to teach the class.”

    Spencer said as the contractor’s demand for technically trained personnel to grow in the years ahead, the company will continue to work with both WSU Tri-Cities and CBC to look for ways to help meet that need.

  • Pics: Motorola Motus is real, coming to AT&T as Backflip (or Enzo)

    motorola-enzo-3

    Remember that crazy lookin’ Motorola-made Android handset that leaked out a few days ago? The one that appeared to have a flip-out keyboard on a big ol’ hinge? It’s real – and it’s heading for AT&T.

    The name is still up in the air, but it looks like it’ll be called either the “Backflip” or the “Enzo”.

    Someone snuck a bunch of shots of the unique handset into Phandroid’s inbox, and there’s no doubt about which carrier this is on. As if the AT&T logo sitting smack dab on the keyboard didn’t seal the deal, AT&T-specific apps like AT&T Nav and AT&T Music are in plain sight. When closed, the keyboard acts as the back of the phone; when open, the backside of the keyboard acts as a trackpad for scrolling with minimal hand readjustment.

    It’s a few years late on this train, but AT&T’s finally getting an Android phone. It’s just a bit wonky.

    motorola-enzo-9

    [Source: Phandroid]

    Crunch Network: CrunchBoard because it’s time for you to find a new Job2.0


  • GMC reveals gussied-up Acadia Denali for 2011

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    2011 GMC Acadia Denali – Click above for high-res image gallery

    A little ahead of the North American International Auto Show (NAIAS) in Detroit next month, GMC has revealed its new 2011 GMC Acadia Denali. Although the Denali tag has been used across the GMC lineup to signify their top-of-the-range trim level, this is the first crossover from the brand to get the tag. We first heard about this Acadia Denali on Twitter, thanks to loose-lipped Buick GMC Communications Group Manager Dayna Hart. From where we sit, the Denali makeover makes perfect sense for the Acadia, as it should help retain those affluent customers who are ditching SUVs in favor of CUVs.

    The 2011 Acadia Denali will hit showroom floors late next year and will be available in both front- and all-wheel drive in seven- or eight-passenger form. The package will include a brace of signature Denali design cues: monotone paint, honeycomb grille, unique front and rear fascias, along with HID headlamps, chrome accents and exhaust tips, and the usual badges. The Acadia Denali will also get special six-spoke 20-inch wheels like the polished jobbies seen above. The model will be available in Quicksilver Metallic, Summit White, Carbon Black, Red Jewel Tintcoat or White Diamond Tricoat.

    Inside the Acadia Denali, you’ll find all of GMC’s top-level bells and whistles: Premium audio systems with XM, perforated leather, heated and cooled seats, mahogany accents, a heads-up display, the Dual SkyScape sunroof system, plus tri-zone automatic climate control, satellite navigation, Bluetooth, OnStar, rear-seat DVD, a rearview camera and even remote starting (in case you find yourself living near either Denali or Acadia!). No pricing has been announced, yet but hopefully we’ll get more details at the Detroit Auto Show next month. For now, there’s a full press release after the jump and a small gallery of high-res pics in the gallery below.

    [Source: GMC]

    Continue reading GMC reveals gussied-up Acadia Denali for 2011

    GMC reveals gussied-up Acadia Denali for 2011 originally appeared on Autoblog on Thu, 17 Dec 2009 13:00:00 EST. Please see our terms for use of feeds.

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  • New encoder scale provides perfect solution…

    … for high resolution printer applications

    Renishaw’s TONiC™ incremental linear encoder system offers many advantages for wide format printing; smoother velocity control to avoid ‘banding’ in the image, superior repeatability, easy installation, high reliability and a range of scales available on reels that provide cut-to-suit flexibility at the point of installation.

    RGSZ gold tape scale with 19.991 µm pitch
    Now, to specifically enhance performance on wide-format 12000 dpi printers, new developments of the TONiC system are being introduced. A new version of Renishaw’s RGSZ gold tape scale has a unique 19.991 µm pitch, which is compatible with a standard TONiC readhead. When combined with a new application-specific Ti interface which applies a special 9.444 interpolation factor, the encoder provides a resolution of 2.117 µm, which corresponds to 12000 counts/inch; the ideal match for 12000 dpi printing. Despite this fine resolution, the maximum speed of the system is still an impressive 1.8 m/s.

    Super-tough polyester coating
    To further improve ruggedness and long-term reliability, all TONiC RGSZ gold scale is now available with an option of super-tough polyester coating that resists harsh solvents, including acetone and printer ink flushing fluids.

    As with all Renishaw encoders, the TONiC incremental linear encoder is backed by a truly responsive global sales and support network. Furthermore the product satisfies the highest environmental standards, with both WEEE and RoHS compliance.

  • Greenlight Innovation Announces New Cell Voltage Monitoring System

    Greenlight Innovation Corp. announces a new patent-pending solution for the monitoring of cell voltages in fuel cells and battery packs. The board-based device sets a new standard in accuracy and high speed data acquisition.Specifications include a precedent-setting accuracy of +/-1mV (using 16 bit A/D resolution) over a channel input range of +/-5V, allowing for applications in fuel cells as well as lithium ion and other batteries. Common mode (stack) voltage input can be up to 1000V, and the system also offers industry leading temperature compensation to maintain accuracy specifications over a broad temperature range. The CVM unit is available as a stand-alone system, or fully integrated into Greenlight’s testing equipment. It can also be configured for other standard I/O applications, such as thermocouple inputs.

    Greenlight Innovation manufactures the world’s most sophisticated fuel cell testing equipment and electric vehicle battery testing equipment.
    NO OTHER COMPANY CAN MATCH GREENLIGHT’S EXPERIENCE:
    We have been manufacturing fuel cell testing equipment for 17 years, and we evolved in Vancouver Canada, right in the middle of the fuel cell industry cluster. We are able to draw on the vast local pool of talented and experienced resources. More than 75% of our staff previously worked in the fuel cell and EV industries. Are you buying experience or are you on someone else’s learning curve?

    Ross Bailey, President of Greenlight Innovation, has been leading his team’s focus on innovative solutions for the fuel cell and battery industries:

    “Our new CVM system offers the highest commercially available accuracy over this input voltage range. The fact that we have developed this in-house is a reflection of our expertise and the product itself is a reflection of Greenlight’s mission; to provide our customers with the best commercially available tools required to successfully commercialize alternative energy products.”

  • PI nano™ Precision Components for Microscopy

    The new PI nano™ positioning system from Physik Instrumente (PI) is completely optimized in terms of form and performance to applications in optical microscopy.
    The core component of the PI nano™ is an XY or XYZ nanopositioning system with 20 mm installation height and a large central aperture for transmitted-light microscopy. The drive is equipped with PICMA® piezoceramic actuators and provides travel ranges up to 200 µm with resolutions in the nanometer range for two or three axes with maximum reliability and proven superior durability.
    It also has its own matched piezo controller with 24-bit USB, Ethernet and RS-232 interfaces and one analog interface. The software supports all conventional imaging systems.
    A manual XY stage for sample positioning which can be equipped with stepper motor drives can be added if required. The XY stage can be mounted directly onto the microscope and supports the piezo nanopositioner.
    Well-known for its high quality, PI has been one of the leading players in the global market for precision positioning technology for many years. PI has been developing and manufacturing standard and OEM products with piezo or motor drives for 40 years now. In addition to its three German factories, PI has eight subsidiaries and a total of over 500 employees worldwide.

  • Expanded Steam Generator Range : Free Standing Generators 48 / 72 & 96 kW

    Astell are delighted to introduce their Colour Touch Screen PLC Controlled Electrical Stand Alone Steam Generators. The Free Standing models, available with capacities of 48 / 72 & 96 kW are based on the successful integral steam generators used on Astell products for many years.

    These models are designed with peak demand in mind, essential for Sterilizer and Autoclave cycles, but with the added advantage of a continuous supply of good quality steam for any other applications, such as chemical processing, textiles, food Industry, healthcare etc.

    The pressure vessel, pipework and fill tank are all manufactured from either 304 or 316 Stainless Steel reducing the risk of contamination arising with lower grade materials.

    Our Steam Generators are all controlled from our fully programmable Full Colour Touch Screen PLC Controller and are supplied as a single unit enclosed in an ergonomically designed case that would not be out of place in any facility. They can also be supplied in a Stainless Steel enclosure.

    All units are CE marked and manufactured to PD97/23 EC Pressure Equipment Directive.