Blog

  • Série especial: Kia Soul Edition Irmscher 001

    Kia Soul Edition Irmscher 001

    A Kia disponibilizou mais uma das várias versões especiais do Soul, em conjunto com a empresa customizadora alemã Irmscher. Seu mais novo modelo em serie especial se chamará Kia Soul Edition Irmscher 001.

    Nessa versão, o modelo incorporá elementos mais esportivos e de maior requinte. Seu sistema de som foi levado mais a sério e ficou mais potente, seus bancos são revestidos em couro com suas laterais imitando fibra de carbono, com sua parte central disponível em couro vermelho. Outros detalhes internos como a capa de seu painel de instrumentos, volante e revestimento da manopla do câmbio, também receberam aplique de couro imitando fibra de carbono.

    Por fora, o Kia Soul Edition Irmscher 001 também agradará aos mais jovens e que desejam um visual mais esportivo, oferecendo um pacote especial com novos detalhes em preto em sua carroceria, para-choques, capas dos espelhos retrovisores e na sua coluna, além de adesivos exclusivos da serie e de um jogo de rodas esportivas de 18 polegadas, calçadas com pneus nas medidas 225/45 R18.

    A edição especial do Kia Soul Edition Irmscher 001será oferecido na Europa em todas as configurações existentes de motores do mercado local, incluindo a opção de escolher entre o cambio manual ou automáticom além de seus diversos níveis de acabamento.

    Kia Soul Edition Irmscher 001
    Kia Soul Edition Irmscher 001Kia Soul Edition Irmscher 001Kia Soul Edition Irmscher 001Kia Soul Edition Irmscher 001Kia Soul Edition Irmscher 001Kia Soul Edition Irmscher 001

    Fonte: CarScoop


  • Watch Out For Oil Spill Cleanup Investment Scams

    In a joint statement from the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission, investors have been warned today about the possibility of investment scams being operated by companies claiming to be involved in the massive oil spill in the Gulf of Mexico.

    Reads the statement: “While some of the companies touting their role in the cleanup may be legitimate, others could be bogus operations that are only looking to clean out unsuspecting investors.”

    In its attempt to alert consumers to the warning signs of a possible scam, the SEC and FINRA has stated to watch out for companies claiming one or more of the following:

    • Products or technologies effective in remediating oil spils or restoring the ecosystem;

    • Contracts or expected contracts with BP

    • Technical expertise provided to BP or government agencies such as the Environmental Protection Agency

    • Quick, exponential sales growth.

    Slick promotions: Don’t get conned by oil cleanup investment scams [Consumer Reports]

  • Obsessive-Compulsive Mice Cured via Bone Marrow Transplant | 80beats

    mouseObsessive-compulsive mice, which were once pulling their hair out from too much grooming, are now sitting pretty. Their cure? A bone marrow transplant. In a study published today in Cell, scientists show an unsuspected link between a psychological disorder and the immune system.

    Here’s how they did it:

    Step 1 – Finding the Problem

    Since excessive cleaning is a behavior, scientists first thought to look for defects in the mouse brain. They noticed that mice with a mutant version of the gene Hoxb8 were the ones cleaning themselves bald. Hoxb8 is important for creating microglia–nervous system repair cells that search for damage in the brain.

    Although some microglia start out in the brain, others are born in the bone marrow and move in. Overall, adult mice with faulty Hoxb8 harbored about 15% fewer microglia in the brain than normal. [ScienceNow]

    Since many microglia move from bone marrow to brain, the scientists decided to give the compulsive mice, with the mutant Hoxb8 gene, a marrow transplant.

    Step 2 — Treatment

    They took marrow from mice with regular Hoxb8 and gave it to the compulsive mice mice. Within four weeks, the mice stopped their obsessive cleaning. Within about three months, they had a full coat of hair.

    “A lot of people are going to find it amazing,” said Mario Capecchi at the University of Utah, who won the Nobel prize for medicine in 2007 for his work on mouse genetics [and was a co-author of the paper]. “That’s the surprise: bone marrow can correct a behavioral defect.” [Guardian]

    Step 3 — Prognosis

    Scientists aren’t sure why a gene controlling immune cells (the microglia) appears to cure a psychological disorder, but they have some suspicions.

    “Why couple behavior such as grooming to the host’s immune system?” the researchers ask in [the paper’s] conclusion. “From an evolutionary perspective it may make perfect sense to couple a behavior such as grooming, whose purpose is to reduce pathogen count, with the cellular machinery–the innate and adaptive immune systems–used to eliminate pathogens.” [e! Science News]

    Humans have a psychological disorder that mirrors this grooming and hair loss compulsion in mice–the obsessive-compulsive spectrum disorder trichotillomania in which people pull out their own hair. But before jumping on this apparent marrow transplant cure, scientists would need to find the particular human gene responsible.

    Capecchi warns that bone marrow transplants are too risky to be commonly used against, for example, OCD. Rather, a fuller understanding of the immune system-mental illness connection should produce new treatments. [Scientific American]

    Related content:
    80beats: Researchers Track the HIV Virus to a Hideout in the Bone Marrow
    80beats: Obsessive Compulsive Sufferers May Find Relief With a “Brain Pacemaker”
    Discoblog: Where Fat Makes Its Final Stand in the Anorexic Body: In the Bone Marrow
    Discoblog: Want the Most Accurate OCD Diagnosis? Visit the Zoo
    DISCOVER: Could an Acid Trip Cure Your OCD?

    Image: flickr/Bascom Hogue


  • Typical Day With the Sprint EVO 4G

    Photo taken with Palm Pre

    I haven’t done a “typical day” post in a long time and as I’ve been running all over the place today it seemed like a good idea. I’ve only had the EVO for a day, and it’s already become second nature to reach for it when I need to do something. The day is a little over half done and here’s how it’s been so far.

    The alarm went off at 5:30 as usual and I stumbled out of bed to get some fresh, preprogrammed coffee. The coffee maker with a timer is the single best invention ever, and I’ll fight anyone who disagrees with that. Cup of coffee in hand, I picked up the Sprint EVO 4G to get started. This is a first, I normally grab the iPad but without thinking I grabbed the EVO.

    I went through the email that came in while I was snug in bed last night. I love the way Android handles my Gmail; it is like working with email on the desktop. The big screen of the EVO aids the feeling of no compromise doing this. Once caught up on the email I fired up Twitter to find out what was going on with those I follow. I really, really like the Twitter app on Android. It is even better than the Twitter page in the desktop browser, as it thoughtfully provides a home page with everything neatly organized. I like how tightly it is integrated with the browser on the EVO — hit a link for a web page or photo and the browser is opened almost instantly.

    When my Twitter work was done, I went to the Google Reader page in the browser to spin through all the RSS feeds I follow. There are usually hundreds of items appearing overnight, and today is no exception. I spin through the item headlines, tapping on items to see a little more information and tagging those items of interest to spend more time with later. The big screen of the EVO helps me make short work of my feeds, all from the comfort of my easy chair.

    After showering and getting ready for the day, I sat down in Mobile Tech Manor to get some quick work done. The EVO was sitting on the desk in front of me, and I found myself picking it up when it gave an audio signal that I had some new tweets to read from the people I follow. I like Friendstream, the social network aggregator that HTC includes as part of the Sense interface. The default notification sound is a soft, distinct tone that sounds when new tweets arrive. Checking them on the EVO as desired kept me from paying much attention to Tweetdeck on the Mac, and that led to better concentration to my real work. I was even able to respond to tweets on the EVO using the onscreen keyboard.

    I like the keyboard on the EVO — that big screen makes for one that is wider than on other Android phones I’ve used. I make fewer typing errors on the EVO as a result. I usually just stay in portrait orientation to do this, where on other Android phones I always switch to landscape to get a bigger keyboard. Score one for the bigger screen.

    After getting some writing done, including this week’s Mobile Tech Manor column, I needed to head out to FedEx and return the Nexus One to Adobe. I decided to go from there to the coffee shop to get some more work done before lunch, so I grabbed my backpack from the bag tree. I threw in the Ferrari One laptop and the iPad. I thought about grabbing the Sprint Overdrive modem as usual, then decided to use the mobile hotspot feature on the EVO instead. With the bag in hand and the EVO in my pocket I headed out the door.

    Once I arrived at the coffee shop I pulled the Ferrari out of the bag to get it started, and used the HTC widgets on the EVO to turn on 4G and the mobile hotspot. These widgets are a convenient way to control battery consumption by turning off radios not in use. That’s why 4G was turned off — I don’t have coverage in my home office so I leave it turned off to keep the radio from attempting to find the network.

    It takes almost a minute for the EVO to connect to the 4G network, which is as long as the Overdrive takes to do the same thing. I then hit turned on the Mobile Hotspot functionality and it took a little while for it to hit the Internet. I was beginning to think something was wrong when Windows 7 on the Ferrari told me I was good to go.

    I also paired the iPad to the EVO hotspot, as I like to work with it alongside the computer. I use mind maps done on the iPad for writing projects, and it sits next to the computer. The 4G connectivity was nice and speedy, and both devices had good bandwidth for the duration of my writing session. I must admit it was darn convenient to have the EVO function as the hotspot, negating the need to bring the separate Overdrive.

    Soon it was time for lunch, so I threw everything back in the bag and walked down the street to get a nice salad. I had a leisurely lunch break, reading a good e-book on the iPad while eating my salad. The waiter wanted to know if my reader was “one of those iPad things”, a question I get asked a lot. It was a nice lunch break that unfortunately was over too quickly.

    That’s as far as I can go with this “typical day” look — I am back in the coffee shop writing this for your enjoyment. It’s a wonderful thing when technology works the way it’s intended, and it helps the work get done without incident. I have a feeling I’ll be buying one of these Sprint EVOs when they are available.

    Related research on GigaOM Pro (sub. req’d): Are You Empowering Your Mobile Work Force?



    Atimi: Software Development, On Time. Learn more about Atimi »

  • ‘Farmers Market Desserts’ lets fruit, not sugar, be the star

    by Bonnie Azab Powell.

    Summer fruits from the farmers market are the supermodels of
    the produce world. Just like Heidi Klum doesn’t need makeup to be beautiful, a
    super-fresh White Lady peach or Seascape strawberry doesn’t need extra
    sweetening or seasoning to shine. But given the right recipe—one designed
    expressly for fruit and vegetables at their peak ripeness and flavor, not for their
    wooden supermarket facsimiles—they can really wow your tastebuds.

     

    Just in time for June’s bounty of stone fruits and berries
    comes Farmers’ Market Desserts. Author
    Jennie Schacht and photographer Leo Gong visited dozens of farmers markets as
    well as farms in the San Francisco Bay Area, where Schacht lives; New York City
    and the Hudson Valley; Wisconsin; Maui; and elsewhere to compile this visually
    appetizing collection. Grouped according to the season, the recipes hit all the
    right dessert notes, from familiar ones like sorbets and tarts to more exotic
    granitas and parfaits. And it’s not all strawberry fields forever—there’s a
    section for in-between seasons, using dried fruits and nuts and even winter
    vegetables like squash. Suggestions for substitutions abound, and “Farm Journal”
    boxes share tidbits from farms Schacht visited, such as Weston’s Antique Apple
    Orchard, where a Wisconsin family grows some of the last remaining examples of
    certain apple varieties.

    Grist quizzed Schacht by phone this week about how she got
    into food writing, why she prefers shopping at farmers markets to Safeway, and why
    the buzzword “organic” rates hardly a mention in her book. And in case you feel inspired to bake over this holiday weekend, she’s also shared her recipes for Strawberries
    & Cream Cake Roll
    and Chilled Plum Soup with Sour Cream after the jump.

    How do you pronounce
    your name?

    “Shacked,” like shacked up. Or “Shaq attack,” with a “t” at the end and without the
    “attack” part.

    In addition to
    writing about food, you also consult for food and hunger nonprofits and
    government agencies. Which came first? Cookbooks or grant proposals?

    My background is actually in social welfare—I am a
    licensed clinical social worker, though currently on inactive status. I worked
    in community-based health care, for example running a prenatal care program at
    a Native American health center. In January 1991, I started Schacht &
    Associates, which helps nonprofit and public organizations to
    develop health care programs and get them funded.

    At some point I realized I had raised around $20 million in
    grants, and that obviously my third-grade teacher was wrong—I could write! I grew up being told I was
    a terrible writer. Even my parents, who were extraordinarily supportive, said
    it wasn’t my strong suit.

    When I realized I was able to persuade funders to give these
    groups large amounts of money, I decided to try and do some food writing, which
    I had always wanted to do. I’ve always loved to cook. At a young age I’d tackle
    stuff from Mastering the Art of French
    Cooking
    or from the Julia Child TV show. Looking back now, I had a
    predisposition toward math and science. One of the things I love about baking
    and pastry are the marriage of art and science. It’s creative and artistic, so
    many scientific principles involved.

    So I went to Cornell for a summer and got a certificate in
    food and beverage management, because I thought it was good to have some
    academia behind me. I wrote a few food articles, and then one day I went to a chocolate
    tasting with chef Mary Cech, who developed the pastry program at Greystone [the
    Culinary Institute of America]. I handed her my business card and said, “If you
    ever want to do a book, call me.” And she did! And that book was The Wine Lover’s Dessert Cookbook.

    Farmers’ Market Desserts is your first solo cookbook, right? Was
    that hard?

    Yes, it’s the first I’ve done entirely myself. It’s very
    touching that Chronicle Books had faith in me, since I don’t have a culinary
    background, no restaurant or catering company as a portfolio of work. I just
    went to farmers markets and bought stuff and brought it home and thought,
    “OK, what would be fun to make with this?”

    I’ve always wondered
    how people create recipes. Do you start with someone else’s and then modify it,
    or make it up “from scratch”?

    I have files and files and notebooks of things I’ve cooked,
    notes on what I’ve done so I can make it again if I like it, or a variation to
    try next time. The recipes I’ve developed are things that have worked with my
    own kitchen experiments over the years. Also, I have a very strong mental taste
    capacity—a flavor imagination. Sometimes I can actually write a recipe on my
    computer, print it out, and take it into the kitchen and more often than not it
    works exactly as I imagined it.

    Most Americans seem
    to view cooking as a chore, something to be outsourced. With cookbooks on their
    way to becoming anachronisms, how can we entice people to make their own ice
    cream?

    Well, I know even people who cook are intimidated by
    desserts. I had someone tell me that making granita sounded too complicated
    because you had to open the freezer and scratch it with a fork every 30
    minutes or so. And granita is one of the easiest desserts to make, I think. So I
    tried to have plenty of things in this book that are really simple, like
    avocado pudding, that would work even for people who are easily intimidated.

    A lot of people are just busy and overtaxed, and they do
    rely on packaged foods. But there seems to be a new and increasing interest in
    home cooking, as evidenced by the growth in farmers markets, the Edible publications, the Slow Food
    movement, and backyard gardening. So I am hopeful. I’ve noticed that
    when people make something themselves and have the satisfaction of it coming
    out edible—or better yet, fantastically delicious, better than something in
    a restaurant—it’s sort of self-igniting.

    Why the “Farmers’ Market” Dessert Cookbook? Why
    not the “Supermarket” Fruit Dessert
    Cookbook
    ?

    First of all, I just love the farmers market. I love that
    you can talk to and ask questions of the people who grow the food you’re
    eating. I love that you can see it, touch it, and taste it before you make it.
    You can try three different kinds of strawberries, and one week one vendor will
    have the ones you like best and the next week it might be a different one. I love that
    it’s shopping and community.

    With cooking, your outcome to a large degree is only as good
    as your inputs. It depends where you live. If you want to make dessert and the
    farmers market isn’t open, if you have a produce stand with good fresh local
    produce, use it. But if you buy products that have been flown from somewhere
    far away, they’ve likely been picked before they are ripe, or selected for their durability in shipping, and they’re just not going
    to taste as good. If you aren’t lucky enough to have a farmers market or a
    produce stand, then just try to find a reliable source. Even our neighborhood
    Trader Joe’s has organic produce, and it’s often local. Ask the produce person
    in your supermarket if you can taste the fruit. They’ll usually let you.

    You don’t talk much
    at all about the organic label in your book.

    I prefer organic. But when I go up
    to someone’s booth and they say they haven’t gotten their certification
    because they haven’t been doing it long enough, or it’s too expensive, but they
    don’t spray or use pesticides, then why shouldn’t I buy it? Why should they
    be penalized? I’m more interested in a combination of food that’s been grown
    healthfully, with respect to the environment, that’s good tasting, and local. I
    am not an organic über-alles person.

    OK, so what’s your
    secret junk-food weakness?

    I don’t think I have one! I can honestly say I really don’t
    like processed food. Even when I was growing up, we ate home-cooked food
    always. We baked our own bread or got it from the local bakery. We used very
    few packaged products. I don’t think I have ever eaten a McDonald’s hamburger
    in my life—I stopped eating meat in college. I eat dark chocolate. And I do
    like a pretzel. Maybe even the two together.

    Strawberries
    & Cream Cake Roll

    From Farmers’ Market Desserts by Jennie Schacht (Chronicle Books, May 2010)

    This takeoff on
    strawberry shortcake is elegant enough for a dinner party and, despite a few
    construction steps, not at all difficult to make. It can be made several hours
    or even a day ahead, making it perfect for entertaining.

    Makes 8 servings

    Filling

    2 pints (about 4
    cups) strawberries, hulled
    3 tablespoons
    granulated sugar
    2 teaspoons orange
    liqueur, such as Grand Marnier (optional)
    1 cup heavy cream
    1/3 cup crème
    fraîche or sour cream
    1/2 teaspoon pure
    vanilla extract

    Cake

    5 large eggs,
    separated cold, then left at room temperature for at least 30 minutes
    2/3 cup granulated
    sugar
    1 teaspoon pure
    vanilla extract
    1 cup cake flour,
    sifted before measuring
    1/2 teaspoon kosher
    salt
    Confectioners’
    sugar, for rolling and finishing

    1. To begin the
    filling, set aside 1 cup of the berries for garnish. Cut the remainder into
    1/2-inch-thick slices and toss with 2 tablespoons of the sugar and the liqueur
    (if using). Set aside at room temperature to get acquainted while you prepare
    the cake batter.

    2. Preheat the oven
    to 400ºF, with a rack near the center. Oil a 17-by-12-inch rimmed baking sheet and
    line with a silicone baking mat or parchment paper. Oil the mat or parchment.

    3. To make the cake,
    in the bowl of a standing mixer fitted with the whisk attachment (or with a
    handheld mixer), beat the egg whites on medium speed until they hold soft
    peaks. Add 1/3 cup of the granulated sugar in a slow, steady stream, then
    increase the speed to medium-high and continue to beat until the whites hold
    medium-firm peaks. Set aside.

    4. In a large bowl,
    using the mixer with the whisk attachment, beat together the egg yolks,
    vanilla, and the remaining 1/3 cup sugar on high speed until thick and pale,
    about 5 minutes with a standing mixer and a little longer with a handheld
    mixer. Stop and scrape down the sides of the bowl as needed. On low speed, mix
    in the flour and salt just until combined.

    5. Whisk the whites
    briefly to bring them back to medium-firm peaks. Using a large spatula or whisk,
    gently fold one-third of the whites into the yolk mixture to lighten it, then
    fold in the remaining whites just until combined.

    6. Immediately pour
    the batter into the prepared pan and spread evenly. Bake until the top feels
    dry and springs back when you press it lightly with your finger near the
    center, about 8 minutes. It should remain pale. Transfer the pan to a wire
    rack, cover with a tea towel, and let cool for 10 minutes.

    7. Run a thin knife
    around the inside edge of the pan to loosen the cake sides. Using a fine-mesh
    strainer, dust the top of the cake lightly with confectioners’ sugar, re-cover
    the cake with the towel, and invert a rimless baking sheet on top. Invert the
    pans together, releasing the cake onto the towel and rimless sheet. Lift off
    the top pan and peel off the mat or parchment. Let the cake cool completely, 20
    to 30 minutes longer.

    8. To complete the
    filling, using a chilled bowl and beaters, whip the cream, crème fraîche,
    vanilla, and the remaining 1 tablespoon sugar until the mixture holds firm
    peaks. Strain the berries, capturing their juices in a bowl, and fold the
    drained berries into the cream.

    9. Cut the berries
    reserved for garnish in half, from top to tip. Mix them with the reserved berry
    juices.

    10. Position the
    cake with a long side parallel to the edge of the work surface, and place a
    serving platter at the opposite long side. Spread the cream filling evenly over
    the cake, leaving a narrow border on the short sides and a 1-inch border along
    both long sides.

    11. Starting at the
    long side closest to you, fold the 1-inch border tightly over the filling, then
    begin to roll, using the towel to help form a compact roll and pulling it out
    of the way as you go. Then, use the towel to help you transfer the cake, seam-side
    down, onto the serving platter. Use a thin or serrated sharp knife to trim just
    a bit from the ends of the cake to create a slight angle (baker’s snack!).
    Refrigerate the cake, tightly covered, until very cold, about 2 hours or up to
    1 day.

    12. Sift confectioners’
    sugar over the top, and spoon the reserved berries around the base. Cut the
    cake with a thin or serrated sharp knife at a slight angle, using a gentle
    sawing motion.

    Season to Taste: In place of the sliced strawberries, use
    raspberries, olallieberries, or blackberries, coarsely chopped if very large.
    In the filling, substitute crème de cassis for the Grand Marnier with
    blackberries, or raspberry liqueur with raspberries.

    Farm Journal: If you are accustomed to shopping in a supermarket,
    you may not know that many strawberry varieties are cultivated, each with its
    own constellation of size, color, texture, and flavor. Don’t discriminate
    against strawberries because of their size, shape, or color. Instead, follow
    your nose: fragrant berries are likely to be ripe and flavorful.

    Chandler, Diamante,
    Douglas, Ogallala, Seascape, Sequoia, and Sweet Charlie varieties are
    particularly flavorful, with the Ogallala combining the floral aroma and flavor
    of wild strawberries with the larger size of domesticated (or farmed)
    varieties. Which are available at your market will depend on where you shop,
    but the farmers’ market gives you the perfect chance to taste and discover the
    sweetest for yourself.

    Chilled Plum Soup with Sour Cream

    From Farmers’ Market Desserts by Jennie Schacht (Chronicle Books, May 2010)

    One
    childhood role I had was to re-create my grandmother’s best hits for my dad.
    Plum soup with sour cream, which he called by its Yiddish name, pomella, was one of his favorites. This
    grown-up version is every bit as satisfying, served in shot glasses as a sort
    of dessert amuse-bouche, or in bowls
    accompanied by crisp Hazelnut-Almond Biscotti, Lavender-Walnut Sandies, or
    Market Jam Gems, made with plum jam if you can find it. The soup is perfect for
    making in advance because it needs time to chill. If you have leftover soup,
    take a tip from recipe tester Emily Lichtenstein: freeze it in Popsicle molds
    for a refreshing plum pop!

    Use
    flavorful, dark flesh plum varieties, such as Santa Rosa or Yummy Rosa, for the
    soup. The fruit should be quite ripe and soft but not bruised. This recipe is a
    great way to use up plums about to go over the hill.

    Makes
    6 to 8 servings

    4
    cups water
    2/3
    cup granulated sugar
    1/4
    teaspoon kosher salt
    Few
    twists of black pepper
    2
    pounds firm-ripe plums, pitted and coarsely chopped
    1
    sprig lemon verbena, about 4 inches long (optional)
    2
    tablespoons crème de cassis or other berry liqueur
    1/2
    teaspoon finely grated lemon zest
    2
    teaspoons fresh lemon juice
    About
    1/2 cup sour cream or crème fraîche, for serving
    6 to 8 small sprigs
    mint or lemon verbena, for garnish

    1. Combine the
    water, sugar, salt, and pepper in a large, heavy, nonreactive saucepan over
    medium-high heat and bring to a boil, stirring until the sugar is completely dissolved.
    Add the plums, bring back to a boil, and then reduce the heat to a gentle
    simmer. Skim off any foam that rises to the top, stirring occasionally, until
    the fruit is very soft and falling apart, about 20 minutes.

    2. Remove from the
    heat and stir in the lemon verbena sprig (if using). Let cool for about 20
    minutes, tasting occasionally and removing the lemon verbena when its flavor
    has perfumed the soup to your liking. It should be a delicate background note,
    not a predominant flavor.

    3. Puree the soup
    until smooth using an immersion blender, standard blender, or food processor.
    Stir in the crème de cassis and lemon zest and juice. Cover and refrigerate
    until very cold, about 4 hours or up to 4 days.

    4. Ladle the chilled
    soup into shallow bowls. Top each serving with a dollop of sour cream and a
    mint sprig.

    Season to Taste: Try other stone
    fruits, such as peaches, nectarines, or cherries. Strawberries or blackberries
    also make a delicious soup, though you may want to strain out the seeds. Omit
    the cassis or substitute a complementary light-colored liqueur for
    light-colored fruits.

     

    Related Links:

    I eat weeds

    Ask Umbra on pasta, Clorox wipes, and a satisfied customer

    Support Southern seafood with this Vietnamese-style caramelized catfish dish






  • More Weakening: Restaurant Business Slides In April

    Same store sales and customer traffic both showed declines in April. This was more than offset by a positive outlook in the “expectations index” and the overall index showed expansion in April.

    Unfortunately the data for this index only goes back to 2002.

    Read the whole post at Calculated Risk >

    Join the conversation about this story »

  • American Power Act: Allowance allocation

    by Eric de Place.

    Following up on last week’s preliminary analysis of the Kerry-Lieberman climate bill, here’s a closer look at how allowances are distributed under the cap-and-trade program.

    High level: the allowances allocated over the life of the program, from 2013 to 2050, heavily favor consumer benefits. Smaller chunks are dedicated to deficit reduction, industry, and other objectives.

    [See full size image here.]

    What you see is that 68 percent of the allowances are specifically targeted at consumer benefits—things like ratepayer insulation, protection for low-income households, and universal rebates. Additionally, 10 percent of the allowances are set aside to reduce the deficit, shown in gray. Shown in yellow, 9 percent of the allowances are directed to a variety of industry transition measures such as industrial energy efficiency and protection to trade-exposed industries, as well as some giveaways to oil refiners. The remaining allowances—totaling around 13 percent—go to transportation spending, carbon capture and sequestration, clean energy subsidies, research & development, and a variety of smaller purposes. (I provide more definition for each of these terms in the notes, below.)

    High level, through time: a summary view of the major categories, tracked in each year of the program from 2013 to 2050.

    [See full size image here.]

    You can seen the number of allowances under the cap decline for a couple of years; then increase sharply in 2016 (when industrial emitters and natural gas distributors are added); and then decline over time in a linear path until 2050.

    Detailed view: all of the major categories for which allowances are awarded.

    [See full size image here.]

    For those interested in more detail, I’ve prepared a spreadsheet of the raw data.

    Notes and methods

    The following are explanations of the terms I’ve used in this post, as well as some clarification about the assumptions I’ve made. As a general matter, all of the figures are calculated by Sightline Institute based on the American Power Act.

    My analysis is, in many ways, indebted to Ted Gayer at the Brookings Institution, who has produced a high-quality analysis of the bill’s approach to allowance value distribution. (Another good resource, via Joe Romm, is Robert Stavins’ detailed review of the bill’s allocations, in which he finds that 82 percent goes to “consumers and public purposes.” And Pete Ericksen at Stockholm Environment Institue just sent me a good graphic depiction by Judi Greenwald at Pew; I can’t find it online, however, so no link.)

    “Deficit reduction” refers to allowances distributed to the Deficit Reduction Fund as well as to the one-quarter of allowances in the Universal Trust Fund that are set aside for deficit reduction.
    “Transportation” refers to allowances distributed to “transportation Infrastructure and efficiency” that are in turn allocated in equal thirds to the national Highway Trust Fund, the National Surface Transport System, and transportation greenhouse gas reduction.
    “Miscellaneous” refers to allowances that are distributed to “adaptation” and “early action.” (“Adaptation” allowances are actually directed to two separate purposes: half of these are for “community protection” and half are for “international adaptation and global security.”)
    “Tech & clean energy” refers to allowances that are distributed to “energy efficiency and renewable energy,” “clean vehicle technology,” “low-carbon industrial technologies research and development,” and “clean energy technologies research and development.”
    “CCS” refers to allowances that are distributed to “commercial deployment of carbon capture and sequestration.” The bill’s table setting forth the allowances for commercial deployment to CCS omits the year 2019, apparently by accident. Following Ted Gayer at Brookings, I guessed that the correct figure is 0.8 percent, as it is in 2017 and 2018.
    “Industry” refers to allowances that are distributed to “trade-exposed industries,” “industrial energy efficiency,” and “refiners.”
    “Consumer benefit” refers to allowances that are distributed to “electricity consumers,” “natural gas consumers,” “home heating oil and propane consumers,” “consumer relief” (for low-income households), and the three-quarters of the allowances in the Universal Trust Fund set aside for universal rebates.

    My analysis does not include any treatment of allowances set aside for the cost containment reserve.

    Related Links:

    A chat with energy analyst Trevor Houser about how to assess climate legislation

    How utilities plan to continue evading toxic air pollution controls

    Deforestation reductions could save U.S. farmers, ranchers, and foresters $220 Billion






  • Feedjit, Survey Analytics, SEOmoz Climb Web Ranks

    Gregory T. Huang wrote:

    Seattle 2.0’s monthly startup index reports that Cheezburger Network and Zillow still lead the pack of local Internet startups in terms of traffic estimates. Feedjit, Survey Analytics, SEOmoz, and Smilebox moved up the ranks in the top 10, while Sporcle, Entertonement, AppStoreHQ, Evri, Zulily, and Onehub made strong upward moves in the top 50. Seattle 2.0 CEO Jennifer Cabala noted that April was a good month for entertainment sites and information discovery services.

    UNDERWRITERS AND PARTNERS



























  • And We’re Off: Hurt Locker Files First 5,000 Lawsuits Against File Sharers

    As was widely rumored and more or less confirmed by the rude email from Hurt Locker’s producers, saying that anyone who thought this was a bad idea was a “moron” and a “thief,” the producers of Hurt Locker have now officially started suing people, whom they accuse of sharing the movie online in an unauthorized manner. While the initial rumors said that there would be “tens of thousands” of lawsuits — and some had predicted over 100,000 — at least the initial burst is for 5,000 people. The actual complaint (pdf and also embedded below) has some fun claims about how a single copy being distributed destroys the whole market blah blah blah. That this point is disproved time and time again by box office results apparently doesn’t matter:




    Of course, this really has nothing to do with stopping unauthorized file sharing or the perceived harm of file sharing. This is entirely about trying to squeeze money out of people. Thomas Dunlap, the lawyer running this under the name US Copyright Group, isn’t looking to take any of these lawsuits to court. The whole point is to find out who these people are and to send them legal nastygrams, that come very close to your garden variety extortion letter — telling people that they’ll drop the lawsuit if they just pay $1,500. It comes across as a classic “protection racket.” “Pay up and you won’t get hurt.” Hopefully more ISPs stand up for their customers (and their own business interests) and don’t just roll over. But, more importantly, hopefully the courts recognize how questionable this practice is and start blocking such a clear abuse of the court system. Over in the UK, lawyers have been disciplined for these sorts of stunts, and in France, some lawyers were barred from practice for six months after trying to do something similar. With any luck, US officials recognize that this is an abuse of the legal system and work quickly to block this practice.

    Permalink | Comments | Email This Story





  • Gary Coleman Dead; Gary Coleman Dies After Intracranial Hemorrhage

    Gary Coleman died Friday, days after suffering an intracranial hemorrhage, a rep for the Utah Valley Regional Medical Center confirmed to The Associated Press.

    He was 42.

    There really are no words. It’s just too sad. Coleman’s death comes at the end of a decades-long road of sorrow for the diminutive former child star we once lovingly called “Arnold.” He’d battled poor health and money woes, and struggled to find himself personally and professionally in the years since first finding fame on the ’80s TV hit Diff’rent Strokes.

    His wife pulled life support in one day…Is that normal, guys? Look at Bret Michaels. According to doctors, he should have died weeks ago! I hope I’m not speaking out of turn, but people have to have a little more faith. I just find this disturbing and very sad. Poor guy…

    May Gary find the peace in death that often seemed to elude him in life.

    According to the hospital rep, Gary’s wife of three years, Shannon Price, made the decision to remove him from life support today. Gary was surrounded by his family and friends when he was pronounced dead at 12:05 in Utah.

    “Child actor Gary Coleman died at approximately 12:05 p.m. Mountain. Standard Time at Utah Valley Regional Medical Center. Family members and close friends were at his side when life support was terminated,” the rep said in a statement, adding that a press conference would take place later in the day.


    On Wednesday, Gary was hospitalized with severe brain bleeding after falling in his surburban Utah home. Coleman suffered intracranial hemorrhage and had been slipping in and out of consciousness before taking a turn for the worse on Thursday.

    Gary was no stranger to health woes. The actor was born with congenital kidney disease, which required frequent dialysis, and has undergone two kidney transplants. He suffered two seizures — one on the set of the TV newsmagazine The Insider – early in the year.

    Todd Bridges remains the only suffering child star featured on the small screen hit Diff’rent Strokes — which aired from 1978-1986. Dana Plato, who played Kimberly on the series, died in 1999.


  • Mafia II uses PhysX to really bring the destruction


    You might have missed the original Mafia. I thought it was a great game, but people complained about how you had to do mundane missions, stop at stoplights, and of course it was all a little overwrought. But that was all kind of the point. Hopefully they haven’t changed too much with Mafia II — except for making the graphics and physics all kinds of awesome.

    After all, it’s 2010: we shouldn’t be satisfied with bullet decals appearing where we fire a bullet. Our guns should be splintering wood, knocking chairs over, and shattering windows realistically, am I right? We see a bit of this every once in a while (Red Faction: Guerrilla, Crysis) but the implementation in this trailer is simply amazing. They need to make their fire look more real, though. The little tiny fires all over something is very Duke Nukem.

    And just look at that trench coat move!


  • Skype’s Verizon exclusivity waning, app coming to Android Market

    Skype

    A Skype PR rep confirmed to SkatterTech today that an Android app is coming to the Android Market, never mind that it’s currently exclusive to Verizon. In an e-mail, the rep wrote:

    "We will be bringing a direct to consumer app to the Android marketplace later this year. This application will be available for all consumers globally to download regardless of carriers. (i.e. similar to how we offer the iPhone app today)."

    None too soon, and it might get even better, as this Skype "consumer app" (as opposed to …?) may feature video chat — though the rep backed off that claim, apparently. Either way, it’s another reason to avoid last-minute surprise fees from other video chat apps that you thought were going to be free. [SkatterTech] Thanks, Jeremy.

    This is a post by Android Central. It is sponsored by the Android Central Accessories Store

  • Ann Taylor learning Photoshop from the people at Ralph Lauren

    Anne-taylor-230

    Did the fashion world learn nothing from the Ralph Lauren Photoshop controversy of last fall? That would be the heinous print ad where the model’s head was actually wider than her hips and she was unrecognizable as a female form. Short answer: Nope. Pictures of models in Ann Taylor’s new summer outfits on the marketer’s Web site look like they’ve been stretched through a funhouse mirror. Major distortion! Just eyeballing it, I’d say the models’ waists must be about 18 inches, and total body weight couldn’t top 100 pounds. And these chicks look about Na’vi size—roughly 8 feet tall. Really, Ann Taylor? The feminist blog Jezebel busted you on this Photoshop-of-horrors, and you apologized, but those images are still on the site. Deplorable, and just plain dumb, especially since your sweet spot has always been adult, mostly professional women. You know, the ones with real bodies and middle-aged curves. You might want to think you cater to the young and hip (and/or size 00), but that’s not the reality. Neither are these pictures.

    —Posted by T.L. Stanley

  • Being Green Just Got Easier: A fellow’s recap of Climate Corps training

    By Peter Petropoulos, MBA, Booth School of Business, University of Chicago, 2010 EDF Climate Corp Fellow at Pepsi Co, Member of Net Impact

    Kermit’s famous lament on the difficulty of being green rings a little less true for me today.

    As a 2010 Climate Corps fellow for PepsiCo, I just completed EDF’s intense energy efficiency boot camp. As I sit at LaGuardia listening to random announcements over the airport loudspeaker and watching the hustle and bustle go by, I can’t help but think about the 50 other Climate Corps fellows participating in EDF’s program this summer.

    The Climate Corps class of 2010 will be hosted by some of the world’s most influential companies this summer, all charged with uncovering energy efficiency opportunities that could increase companies’ bottom line while also reducing their carbon footprint.

    I was already very excited about my summer project before arriving in NYC, but the Climate Corps training illuminated an important value-add of EDF’s program: the amazing network I just made. Over the last several days, I met the most dynamic group of go-getters, all attending top business schools around the country who share my passion for achieving sustainability without sacrificing profits. In the past, I have felt isolated as an environmentalist among my business school peers. I know now that there are many others that share my worldview. Climate Corps will help me and my fellow future business leaders to tackle one of today’s most pressing issues.

    When I begin to knock on doors and investigate energy efficiency opportunities at PepsiCo, I will feel confident knowing that I am not alone in my effort and the rest of the Climate Corps network is there to help.

    P.S. My flight just got canceled. Maybe my airline could use a well-trained MBA hand with efficiency…

  • 2010 BMW 550i Gran Turismo, an AW Drivers Log:

    EDITOR WES RAYNAL: The price of this car is a joke, and frankly, it doesn’t drive nearly as well as the 5-series sedan.

    That’s down to stretching the 5-series chassis, the Germans tell me, as well as the huge hatch opening–the combination makes for a decidedly less stiff chassis, and that shows on the road. It’s not nearly as crisp as a 5-series. Hell, it’s not even as crisp as an X5 or X6.

    I do love the engine. This thing’s got some awesome power and torque. It scoots, and the transmission’s shifts couldn’t be smoother.

    And, of course, it’s built beautifully. That’s not enough to make me spend a laughable 80-large on it, though.

    COPY EDITOR CYNTHIA L. OROSCO: This is a big, bulky crossover with a big, bulky price tag, even with the BMW badge on it. While there’s plenty of power, it comes on in quirky spurts, not smoothly as one would expect from this luxury make. And braking was jerky, even though I didn’t once stomp on the brakes. Off the line, just as in our long-term 7-series, it feels as if the car takes a minute to find the gear it wants before catching and getting up to speed. Strange, and annoying.

    Inside, well, you do find all of the quality you expect from BMW. Nice materials, easy-to-use audio/nav/HVAC interface, comfortable seats, etc. But, the exterior lines didn’t appeal to me. The back end looks bloated; it reminded me of the Honda Accord Crosstour. (In the Crosstour’s defense, though, I saw one at the mall in black, and it didn’t look so bad.)

    While the overall ride is good and you get BMW’s luxury touches, the fuel economy isn’t great, and the sticker is too steep to overlook.

    COPY/PRODUCTION CHIEF WENDY WARREN KEEBLER I agree with all of the above, except that I would call the price more than a joke–it’s absurd. I, too, found the brakes overly touchy. And the interior didn’t impress me much, either; it just didn’t feel special or luxurious; I might as well have been in a Taurus.

    The cherry on top of the cake of my two days with the car: After a round trip to Ann Arbor, I pulled into my driveway, turned off the engine (and the accessories, which, annoyingly, requires a second push of the start/stop button) and parked. I went back out to take the 550i for a spin. The car started once and died. Then it wouldn’t turn over. Finally, it started but was shuddering and misfiring, with a message: “Warning! Engine malfunction–reduced power.” I turned it back off, came out later, and it started right up, smooth as could be, no more warning message–but the check-engine light was on and remained on.

    SENIOR EDITOR FOR NEWS BOB GRITZINGER: Aside from the constantly on “check engine” light, the 550i GT ran flawlessly from start to finish of my drive. That’s not to say the drive was flawless–as Wes notes, the compromises to the 5-series chassis to create this monstrosity definitely compromise its integrity. I heard creaks from the passenger-side door and door-frame area and felt distinct chassis flexing, not to mention that the overall handling wasn’t anywhere near as precise as a 5-series sedan.

    Equally compromised is the view out the back–worse than the Crosstour. It’s no wonder the backup camera and sensors are displayed with every manner of overlay grids and alert zones. Without them, you’d be in the bump shop (or worse) way too often. I also don’t get the keyless operation in the 550i GT–only one push to start, but two pushes for complete off. Wouldn’t a key be easier–and less of a hassle to find? You still have to dig out the key to lock and unlock the door, it seems, so why not just provide a place to plug it into the dash (like in the 1-series) and give it an “active” role in the vehicle’s operations. It seems way too disconnected this way.

    2010 BMW 550i Gran Turismo

    Base Price: $65,725

    As-Tested Price: $80,375

    Drivetrain: 4.4-liter twin-turbocharged V8; RWD, eight-speed automatic

    Output: 400 hp @ 5,500-6,400 rpm, 450 lb-ft @ 1,750-4,500 rpm

    Curb Weight: 4,938 lb

    Fuel Economy (EPA/AW): 17/17.0 mpg

    Options: Sport package including 20-inch wheels ($1,000), sport leather steering wheel, multicontour seats, shadowline exterior trim ($4,200); luxury rear-seating package including four-zone climate control, rear sunshades, rear ventilated seats, rear comfort seats, heated rear seats ($3,650); active front-seat package including front ventilated seats, active front seats ($1,950); integral active steering ($1,750); cold-weather package including heated steering wheel, heated front seats ($950); camera package including rearview camera, side-view camera ($750); iPod/USB adapter ($400)

    For more


    a side view of the BMW 550i Grand Turismo.

    Source: Car news, reviews and auto show stories

  • What’s next for coal ash?

    by Sue Sturgis.

    This is the final installment in Facing South’s week-long investigation into the growing national problem of coal ash waste and the looming battle over regulation. To read earlier installments in the series, visit here.

    A series of coal ash disasters—both catastrophic, like the spill of a billion gallons of toxic ash at a Tennessee Valley Authority plant in 2008, and ongoing, such as the contamination of North Carolina’s drinking water from ash used in building fill—have exposed gaping holes in how the United States regulates coal ash, the second-biggest stream of industrial waste.

    As Facing South documented earlier this week, an array of powerful interests—led by the electric utilities whose coal-fired plants generate 150 million tons of coal ash each year—have successfully lobbied to ensure coal ash has escaped regulation by federal officials. That has left regulation to the states, whose uneven patchwork of standards has allowed these disasters to happen.

    But that may soon change: Earlier this month, the Environmental Protection Agency released its long-awaited proposed rule on coal ash. But in reality, the EPA released two proposals with very different visions of how to confront the national coal ash threat.

    One option—the stricter version favored by public health and environmental advocates—would regulate coal ash under Subtitle C of the Resource Conservation and Recovery Act, which governs hazardous waste. The other option handles coal ash as an ordinary solid waste under RCRA Subtitle D.

    That distinction will become a flashpoint in the coming months for energy interests, environmental groups and state officials. And it will have an enormous impact on how much—or how little—officials and regulators can do to protect communities from coal ash hazards.
     
    What’s in the EPA’s new rules?

    According to an analysis of the proposed regulations by environmental groups, both approaches would impose dam safety requirements on coal ash impoundments in an effort to prevent another disastrous collapse like the one at TVA’s Kingston plant in eastern Tennessee.

    Both proposals would also require the installation of composite liners—multilayered liners like those now required at municipal waste landfills—at new and existing surface impoundments as well as at new dry coal ash landfills in order to prevent groundwater contamination.

    The stricter Subtitle C version of the rule would effectively phase out the construction of new coal ash impoundments. However, the less strict alternative under Subtitle D would also likely lead to their phase-out because of the requirement that they be retrofitted with liners—a costly prospect that many utilities would likely seek to avoid.

    Both proposals leave some of the status quo intact: For example, they would continue to allow coal ash to be recycled into concrete and other products. However, the proposed rules draw a distinction between such generally beneficial reuses and other reuses like large-scale structural fills that essentially constitute disposal operations.

    Neither proposal addresses the use of coal ash for filling mines; the EPA is leaving regulation of that up to the Department of Interior’s Office of Surface Mining. Nor do they address the use of coal ash on agricultural crops, which is currently under study by EPA and the U.S. Department of Agriculture, with those findings set for release in 2012. And neither proposal regulates the 3 million to 6 million tons of coal ash generated each year by non-utilities like factories with coal-fired boilers.

    But the differences between the two alternatives are significant. For environmentalists, the stricter proposal’s acknowledgment that coal ash should be treated like other hazardous waste is a breakthrough.

    “Their inclusion of an option to regulate coal ash as hazardous waste is an important first step,” said Earthjustice Executive Director Trip Van Noppen. “The next important step will be to maintain this position in the face of inevitably misguided claims by polluters that the sky will fall under this new regulatory environment.”

    One of the most fundamental differences between the two approaches is enforcement. While the stricter RCRA Subtitle C would give EPA clear authority to enforce the law, under Subtitle D EPA would have the power only to set guidelines, leaving oversight to the states and enforcement to citizen lawsuits.

    In addition, Subtitle C would require states to issue solid waste permits for coal ash disposal sites while Subtitle D does not. Permits are not only critical enforcement tools—they’re also the only avenues for meaningful public involvement when it comes to where these facilities are located and how they’re operated.

    Electric utilities and other interests opposed to the stricter rules say their biggest reservation is cost. The EPA estimates that the stricter regulations would cost the entire industry $1.5 billion a year, while the less strict ones would cost about $600 million. To put that cost in perspective, though, consider that the profits earned last year alone just by North Carolina-based Duke Energy were $1.1 billion.

    The reason for the cost difference is that EPA assumes less compliance under the latter approach—which environmentalists say is precisely why the tougher rules are needed.

    “Polluters will claim EPA’s plan to designate coal ash as hazardous waste will come with a cost to industry as they conveniently ignore the costs to public health of dumping unregulated coal ash into ponds and landfills,” said an alliance of environmental groups calling for the tougher rule.

    ‘I’d like to hear from citizens’

    Right now, the public can find the unofficial, pre-publication version of the EPA’s proposed rules on the agency’s website. Once the rules are published officially in the Federal Register, the clock begins ticking on the 90-day comment period.*

    EPA Administrator Lisa Jackson said her agency would also hold public hearings on the proposed rule, though none have been announced yet.

    At the close of the 90-day comment period, EPA will evaluate what it expects to be an extensive set of comments and then make a decision. The agency has not said how long that might take.

    Because the EPA is not asking for comment on just one proposal but on two competing visions of how to oversee coal ash, some regulatory watchdogs like Rena Steinzor of the Center for Progressive Reform have raised concerns that because of the release of what are essentially two proposals, the agency will have to extend the process.

    “The EPA will almost certainly have to go back and get another round of public comment before making a final decision,” Steinzor said.

    But after months of navigating the rules behind closed doors, Jackson seems eager to send a message that Washington is ready to tackle the problem of coal ash.

    “I want communities to know that EPA thinks it’s important to get on with this regulatory process,” she said. “We’ve heard from government officials and private industry. Now I’d like to hear from citizens about what they think is a protective rule.”

    * The supporting materials for the rule and the public comments that EPA receives on the proposal are available for public review online at Regulations.gov. To use that site, type in the docket number EPA-HQ-RCRA-2009-0640 in the Keyword or ID Search box and press “Enter” on your keyboard.

    Related Links:

    A chat with energy analyst Trevor Houser about how to assess climate legislation

    Coal: Good News, and An Opportunity for More

    When recycling goes bad






  • Spy Shots: Next-gen Euro-spec Honda Civic hatchback caught playing in the rain

    Filed under: , , , ,

    Euro-spec Honda Civic spy shots – Click above for high-res image gallery

    Even though we won’t be seeing the next-generation U.S.-spec Honda Civic until sometime in 2011, we must remember that the European model is a wholly different vehicle. Our spies have just captured these photos of a Euro Civic test mule, showing that Honda is making good progress with updating its best-selling compact in other markets.

    Our spies indicate that the new front bumper is already in place under the camouflage on this jimmied-up Civic, giving it a larger stance, though the wheelbase looks about the same as the current car, meaning the overall size probably won’t change too much. Out back, slightly wider rear fenders mimic the larger proportions up front. As for what’s under the hood, we assume that the standard range of both gas and diesel engines four-cylinder engines will be offered in Europe, and the hybrid setup from the CR-Z hatch could possibly find a home in the redesigned Civic, as well.

    No word has been given as to when the new Euro Civic will make its debut, but we’re willing to bet that the Honda hatch will hit the streets before the delayed American model debuts. See the full set of spy shots for yourself in the gallery below.

    [Source: CarPix]

    Spy Shots: Next-gen Euro-spec Honda Civic hatchback caught playing in the rain originally appeared on Autoblog on Fri, 28 May 2010 13:57:00 EST. Please see our terms for use of feeds.

    Permalink | Email this | Comments

  • Big Payments and Lawsuits Spring up from Sybase Merger…

    Just as the summer horizon would seem uncharacteristically empty without dandelions, it’s hard to imagine the M & A landscape without shareholder lawsuits.

    Thus, it’s no real surprise that after SAP America, a subsidiary of SAP AG (SAP) announced May 12 that that it was acquiring Sybase, Inc. (SY) in a $5.8 billion transaction, a number of lawsuits sprang up to challenge the deal and block the merger.  (Michelle wrote about the deal recently here.)

    Litigation can be interesting, to be sure, but we’re more interested in the big payouts that Sybase disclosed in the SC 14D9 form that it filed May 26.

    With respect to common stock, the filing notes that Sybase’s officers and directors will get the same deal as other shareholders, stating:

    If the directors and executive officers tender all of the 191,595 Shares owned by them as of May 25, 2010 (which number of Shares excludes restricted Shares and options to purchase Shares, which are addressed in the succeeding paragraph below)…, the directors and executive officers will receive an aggregate of $12,453,675 in cash…. to the knowledge of Sybase, all of Sybase’s directors or executive officers currently intend to tender all of their Shares for purchase pursuant to the Offer.

    There’s no way to easily summarize how the restricted stock awards will be treated (it’s on p. 4 if you’re interested), but the filing adds that “As of May 25, 2010, an aggregate of 1,089,772 unvested Shares underlying restricted stock awards were held by the directors and executive officers of Sybase.”

    A chart also shows that if Sybase’s leaders cash out their options, stock appreciation rights, and restricted stock awards, CEO John Chen will receive more than $97 million in total cash consideration for his equity interests. The other named directors and executives stand to collect between $2.69 million to $18.5 million each. And because these sums are in addition to any payments triggered by the various change in control scenarios, the actual payouts could be much higher.

    Sybase contends that SAP’s offer to pay $65.00 in cash per share for its common stock is fair.  In a March 13 filing, Sybase noted that “the per share purchase price represents a 44% premium over the three-month average stock price of Sybase.”

    However, the various disgruntled shareholder groups don’t seem convinced. Claims to block the merger allege that Sybase did not properly “[shop] for a deal that would provide better value for shareholders” or that there were “potential breaches of fiduciary duty and other violations concerning the transaction’s approval by Sybase’s board of directors.” Yet another firm claims that “the merger agreement includes a $150 million termination fee and a clause prohibiting the Board from discussing or seeking any superior proposals. Sybase has also granted SAP a “top-up” option to bring SAP’s ownership of the Company’s stock to one share more than 90% to help ensure the completion of the merger.”

    We’ll leave it to the attorneys to sort these disputes out. Meanwhile, fair or not, the deal certainly promises big bucks for Sybase executives.

    Image source: lightmatter via Flickr

    ————

    Want to see more of what’s hidden in corporate filings? Check out FootnotedPro, where we highlight unusual opportunities and potential problems well in advance of the market. For more information or to inquire about a trial subscription, email us at [email protected].


  • 28 Of The Worst Money-Saving Ideas Ever

    Earlier this week we asked you for the worst things you’ve ever tried to do in order to save money that really didn’t work out, and you bowled us over with your responses! Over 190 comments poured in, some utilitarian, some hilarious, others, poignant. My favorite is the grandma who bought two caskets and used them to store linens because she didn’t like the idea of buying something so expensive only to use it once. So here they are, the 28 best of the worst money-saving ideas you’ve ever had:

    (pictured: some folks who don’t like the cheap haircuts they got from beauty-school students)

    1. “Waxing my eyebrows at home! I ended up having to draw one of them in for about six months until it grew back.”

    2. Cheap kitty litter

    3. Cheap toilet paper

    4. Putting in a quarter of a tank of gas at a time hoping the reduced weight would improve efficiency. Driving with little fuel increases fuel evaporation and can shorten the life of your fuel pump.
    5. “Letting my auto insurance lapse was a bad, bad idea, which I learned when I got into an accident… and then my wife got into an accident, three days later, with the same car.

    6. “Bought a used pop-up camper to make summer travel cheaper. Of course, I then had to buy an SUV to pull the thing!”

    7. Joined a “wholesale gift club” only to discover you could get everything cheaper on eBay

    8. “I “waxed” my ’68 chevy with corn oil. The car looked great. Until I drove it. Then it latched on to every dustbunny, leaf, feather, bird turd and pebble on I-495. All mounted against a handsome understated ever-darkening matte finish. I even think a candy wrapper got stuck on it. After 2 days the exterior looked like a picnic table that had been left out in the back yard all winter.”

    9. “Hand washing all my laundry. I did it for almost a year. Not worth it. I was doing laundry all the time.”

    10. “Generic Oreos. NEVER AGAIN.”

    11. Eliminating retirement savings or withdrawing from your 401k or IRA

    12. Buying a house for the interest deduction without understanding it fully.

    13. “I’ve tried buying bulk items at Costco as a “savings investment” and then ended up wasting them.”

    14. “A few decades ago, my Grandmother was appalled at how expensive caskets were when you only used them ‘the once’. So she purchased two caskets and used them to store linens. A few years later, Grandma and Grandpa had to move but Grandma didn’t want her neighbors to know that she had two caskets so she forced my dad and his brother to move them in the middle of the night to the new house. She ended up selling them a few years later since they decided that they wanted to donate their bodies to science and then be cremated.”

    15. “My hubby once brought home an extra fridge that some friends were getting rid of. The idea was to buy and store food in bulk, especially organic milk. As it turns out, Costco’s price per gallon for organic milk was about the same as the grocery store’s. We would have saved only $1/week or $52/year. Unfortunately, the fridge was an old one and would have cost about $100/year to run!”

    16. “For a while, when I was younger, I’d buy large amounts of chicken breasts with bones in them from Sam’s Club. Then I would spend a long afternoon cleaning them, wrapping them, and freezing them for later. The problems were numerous! My hands would smell like raw chicken for a couple of days (soap and shampoo couldn’t get rid of the smell). I’m definitely not a butcher so it would take hours (I also removed all the fat). Lastly, turns out that I was RE-freezing the chicken, and the texture of chicken that you’ve done that to is pretty weird. It was way too much for me and wasn’t worth it.”

    17. “Some years ago I got a great deal on a case of SPAM. Four cans later, the local food bank had 20 cans.”

    18.”We have a 5-cent tax on disposable shopping bags here in DC. A few people, in protest of the tax, go to Maryland or Virginia to get their groceries. So instead of either paying $1 one for a reusable bag or 5 cents each for disposable bags, you pay for gas to go to Maryland or Virginia. Plus, Virginia has sales tax on food, which DC doesn’t.”

    19. “Buying a Costco membership when I’m a single woman living in a small city apartment.”

    20. “My elderly neighbor used to rinse out used paper towels then dry them. Over her gas stove.”

    21. “Doing my own window tinting on a Jeep I used to own…all you need is a spray bottle, sponge and scissors. Sure.”

    22. “Dollar store trashbags when I was fresh out of college. I could put like, a paper cup in the bag before it tore.”

    23. “When I saw how much money I saved on my gas/electric bill by drying clothes outside instead of using my dryer, I tried the same thing with washing dishes by hand instead of using the dishwasher. Not only did my gas/electric bill hardly notice the difference, but I must have broken 8 glasses and several plates because they were either hitting things in the sink, or falling over in the plastic dish drying holder. Went back to the dishwasher.”

    24. “”Reallocating” paper towels from work.”

    25. “To save money on rent, I moved into a big house with a gazillion roommates when I started graduate school, most of which were not students. I had found the place long distance and the person I had talked to sounded normal and the house sounded nice. I realized within a week that at least 2 of the roomates were batshit crazy and another had a long criminal record. No one did their dishes, two people were way behind on their bills so the electric was at risk of being turned off, and one girl had 3 cats and never scooped the litter box. I started apartment hunting within a week and moved out as soon as I could. Ended up in somewhat more expensive housing, but my quality of life greatly improved. Really cheap housing is cheap for a reason.”

    26. “Buying anything major really cheap wastes money in the end. Tires, appliances, electronics. You end up paying more for repairs / replacements than it’s worth. With things like printers, the planned obsolescence will get you too, but it’s not like you have a choice.”

    27. “Years ago, I thought I lucked out and found a deal when I rented a townhouse in an expensive part of town and was only paying half the rent of anyone else in the neighborhood.

    Well…more rent might have paid for new windows (it was a Victorian house with ORIGINAL windows and doors!), insulation, a fix for those leaky bathroom pipes that caused ceiling damage in the room below, a roof that didn’t leak, wiring that was up to code and didn’t cause a brown-out when more than two window A/Cs were running at a time in the entire building, a water heater that continued to work for more than a month at a time, and extermination fees (both mice AND rats!).

    The rent was so cheap, though, that I stayed there for almost 7 years, hating every moment that I was home.”

    28. “Getting married just to save on income taxes.”

    Can you beat those? Leave your worser money-saving idea in the comments.

    PREVIOUSLY: What’s The Worst Money-Saving Idea You’ve Ever Had?

  • 30 Windows Phones in Q3 2010? Must be Windows Phone 7!

    steve-ballmer-indimix10 The Strange Steve Ballmer quotes are coming out of India thick and fast.  The latest, reported by Techtickerblog, is from a presentation by Steve Ballmer at the Microsoft  IndiMix 2010 conference where he showed a slide claiming 50 Windows Mobile smartphones in 2009, and a full 30 coming in Q3 2010.

    30 smartphones so close to the end of the year can only suggest the launch of Windows Phone 7 in the quarter, which is certainly much earlier than we expect.  On the other hand, Steve did say he was going to accelerate things

    Anyone with a link to a video of the keynote would be much appreciated.

    Read more at Techtickerblog here.