Sunday, December 23, 2012

Daily Chronicle | Donation illuminates TAILS Humane Society

DeKALB ? Beth Drake is hoping the Christmas lights outside TAILS Humane Society bring more people into the animal shelter.

?As it gets dark, it gets harder to see buildings on the side of the road,? said the executive director of TAILS. ?It makes people think, well gosh, ?I haven?t thought about a cat recently.??

Drivers cruising by TAILS Humane Society, 2250 Barber Greene Road, at night will notice the shelter is hard to see. Beth Mars, the director of operations for Petco Foundation, said she missed the building when she first visited it.

Mars was attending an auction hosted by another animal shelter when she set eyes on the Christmas lights package. Mars thought the lights were a very clever auction item.

?I thought, ?Oh my God, this would be perfect for TAILS,?? Mars said. ?People could see them. Look for the lights.?

Mars bid $1,800 on the lights package and won. She contacted the donors of the lights, Kramer Tree Specialists, a tree care company located in West Chicago, and arranged to have them set up the lights for free. Paul Filary, the sales and marketing manager at Kramer Tree Specialists, said ?we were happy to do it.?

Mars said the holiday season is the perfect time to think about adopting a pet.

?My motto is let?s make this a no-more-homeless holiday for pets,? Mars said.

Drake said TAILS would not have been able to afford the lights package on its own, describing it as a wonderful gift for the holidays.

?[Mars] wanted to attract attention to our shelter so we can adopt more animals out for this holiday season,? Drake said, adding that they normally see a 20 percent increase over the holidays. ?It really serves its purposes. I?ve heard nothing but compliments from people, and it?s brought people in.?

Filary said the Christmas lights they installed outside of TAILS typically are for residences. The owners of Kramer Tree Specialists, Joe and Jan Kramer, have ?always had an interest in animal shelters and pets.?

?And through Kramer Trees, they?ve been helping animal shelters for quite awhile,? Filary said.

Source: http://www.daily-chronicle.com/2012/12/18/donation-illuminates-tails-humane-society/afoehnx/

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John Kerry as secretary of State: expect a more traditional style

Secretary of State Hillary Clinton, with her late-night dancing and talks with children, was known for her 'people to people' style. John Kerry is expected to adopt a more traditional version of diplomacy.

By Howard LaFranchi,?Staff writer / December 21, 2012

President Barack Obama announces his nomination of Sen. John Kerry, D-Mass., right, as next secretary of state in the Roosevelt Room of the White House, Friday, as Vice President Joe Biden stands left.

Carolyn Kaster/AP

Enlarge

As secretary of State, Hillary Rodham Clinton has boogied the night away in Bogot?, chatted about life?s dreams with schoolgirls in India, and fended off one persistent African goatherd?s proposal to take her daughter as his next bride.

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When Sen. John Kerry (D) of Massachusetts replaces Secretary Clinton as secretary of State ? the job that President Obama nominated Senator Kerry for on Friday ? expect the tone set by America?s top diplomat to change. In an era when being secretary of State is increasingly about style as much as substance, many foreign-policy experts say, the five-term senator and quiet policy negotiator is expected by many to return the office to a more traditional version of diplomacy.

In announcing his selection of Kerry, Mr. Obama said that, as the son of a Foreign Service officer and the chairman of the Senate Foreign Relations Committee, who is well known and ?respected? by dozens of world leaders, Kerry ?is not going to need a lot of on-the-job training.? Kerry still must win Senate confirmation, but he is not expected to encounter much resistance, with key senators like John McCain (R) of Arizona already referring to him as ?Mr. Secretary.?

While international experts equate Clinton with ?people to people? diplomacy, some cite another ?P? word for Kerry ? patrician. But they add that, in the world?s diplomatic circles, that won?t necessarily be a drawback.

Kerry may be known for a certain ?aloofness,? but ?it?s not particularly germane to being secretary of State if you?re seen as the type who has beers with the guys at the local tavern or you?re seen as patrician,? says James Dobbins, director of the International Security and Defense Policy Center at the RAND Corp. in Arlington, Va., and a former US envoy to Afghanistan.

?In fact in international terms, being seen as a patrician is not a disadvantage,? he adds. ?A dignified person with some or substantial familiarity with the elites of the world is not at a disadvantage at all.?

Some foreign-policy experts with diplomatic experience say Kerry is ?the right man at the right time? because the tough international issues he?ll face ? ranging from Iran?s nuclear program to Syria?s civil war and a rising China ? require a serious ?issues person? who can hit the ground running.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/AiunD3hh4Bw/John-Kerry-as-secretary-of-State-expect-a-more-traditional-style

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Saturday, December 22, 2012

Stem Cells Treat Lou Gehrig's Disease, In Mice

Reporting in Science Translational Medicine, researchers write that neural stem cell implants were able to slow the onset of amyotrophic lateral sclerosis (ALS), or Lou Gehrig's disease, in mice. Study author Evan Snyder discusses the stem cells' protective effect, and why human trials may not be far behind.

Source: http://www.npr.org/2012/12/21/167798232/stem-cells-treat-lou-gehrigs-disease-in-mice?ft=1&f=1007

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Hot spots draw believers, but not doomsday

As the sun rose from time zone to time zone across the world on Friday, there was still no sign of the world's end ? but that didn't stop those convinced that a 5,125-year Mayan calendar predicts the apocalypse from gathering at some of the world's purported survival hot spots.

Many of the esoterically inclined expected a new age of consciousness ? others wanted a party. But, in some places said to offer salvation from the end, fewer people showed up than officials had predicted ? much to the disappointment of vendors hoping to sell souvenirs.

Here are some key places being marked by the fascination over doomsday rumors:

MEXICO

In an area of Mexico that was once the ancient Mayan heartland, spiritualists gathered in the darkness before dawn on Friday to prepare white clothes, drums, conch shells and incense. They believed the sunrise would herald the birth of a new and better age as a vast cycle in the Mayan calendar comes to an end.

Many people who came to Yucatan for the occasion were already calling it "a new sun" and "a new era."

FRANCE

According to one rumor, a rocky mountain in the French Pyrenees will be the sole place on Earth to escape destruction. A giant UFO and aliens are said to be waiting under the mountain, ready to burst through and spirit those nearby to safety. But there is bad news for those seeking salvation: French gendarmes, some on horseback, blocked outsiders from reaching the Bugarach peak and its village of some 200 people.

Eric Freysselinard, head of local government, said the security forces had "partially stopped the new age enthusiasts as well as curious people from coming to the area."

Meanwhile, some Bugarach residents dressed up like aliens, with tinfoil costumes and funnels and fake antenna on their heads, strolling around their village Friday to make light of the rumored UFO prophecy.

RUSSIA

Doomsday rumors have prompted some people across Russia to stock up on candles, water, canned foods and other non-perishable foods. The apocalypse has proven a good business, with some shops selling survival aid packages that include soap and vodka.

In Moscow, salvation has also been promised in the underground bunker for the former Soviet dictator Josef Stalin ? with a 50 percent refund if nothing happens. An underground stay was originally priced at 50,000 rubles ($1,625) but dropped to 15,000 ($490) a week ahead of the feared end.

The bunker, located 65 meters (210 feet) below ground, was designed to withstand a nuclear attack. Now home to a small museum, it has an independent electricity supply, water and food ? but no more room, because the museum has already sold out all 1,000 tickets.

BRITAIN

Hundreds of people have converged on Stonehenge for an "End of the World" party that coincides with the Winter Solstice.

Arthur Uther Pendragon, Britain's best-known druid, said he was anticipating a much larger crowd than usual at Stonehenge this year. But he doesn't agree that the world is ending, noting that he and fellow druids believe that things happen in cycles.

"We're looking at it more as a new beginning than an end," he said. "We're looking at new hope."

Meanwhile, end-of-days parties will be held across London on Friday. One event billed as a "last supper club" is offering a three-course meal served inside an "ark."

SERBIA

Some Serbs are saying to forget that sacred mountain in the French Pyrenees. The place to be Friday is Mount Rtanj, a pyramid-shaped peak in Serbia already drawing cultists.

According to legend, the mountain once swallowed an evil sorcerer who will be released on doomsday in a ball of fire that will hit the mountain top. The inside of the mountain will then open up, becoming a safe place to hide as the sorcerer goes on to destroy the rest of the world. In the meantime, some old coal mine shafts have been opened up as safe rooms.

On Friday a New Age group called "The Spirit of Rtanj" was holding a conference there. Participants, however, said they expect not the end of time but the start of a new time cycle. Locals turned out to sell brandy and herbs.

"There will be no tragedy, no doomsday," said resident Dalibor Jovic. "It was supposed to happen at 12:12 and I think that time has passed. So, we can now go on with our lives and be happy to be alive."

TURKEY

A small Turkish village known for its wines, Sirince, has also been touted as the only place after Bugarach that would escape the world's end. But on Friday journalists and security officials outnumbered cultists. This outcome disappointed local business people who had prepared a range of doomsday products to sell, including a specially labeled Doomsday wine and Turkish delight candy whose "best before" date was Dec. 21, 2012. One restaurant prepared a special "last meal" menu that included a "heaven kebab" and "forbidden fruit dessert."

ITALY

Another spot said to be spared: Cisternino, a beautiful small town in southern Italy in an area of trulli, traditional dry stone huts with conical roofs. The notion that Cisternino could be a safe haven at world's end derives from an Indian guru, Babaji, who said "Cisternino will become an island" at world's end. His followers built a community in Cisternino centered on an ashram built in 1979. Hotel bookings are up this weekend.

Mayor Donato Baccaro told the AP that the beauty of the place has inspired many foreigners to live there. "This confirms that this place has a special energy," he said.

CHINA

A fringe Christian group has been spreading rumors about the world's impending end, prompting Chinese authorities to detain more than 500 people this week and seize leaflets, video discs, books and other material.

Those detained are reported to be members of the group Almighty God, also called Eastern Lightning, which preaches that Jesus has reappeared as a woman in central China. Authorities in the province of Qinghai say they are waging a "severe crackdown" on the group, accusing it of attacking the Communist Party and the government.

U.S.

Dozens of Michigan schools canceled classes for thousands of students to cool off rumored threats of violence and problems related to doomsday. The fears were exacerbated by the recent shooting at a Connecticut elementary school, which "changed all of us," the school system in Genesee County said. "Canceling school is the right thing to do."

___

Associated Press writers Florent Bajrami in Bugarach, France; Mansur Mirovalev in Moscow; Peppino Ciraci in Cisternino, Italy; Suzan Fraser in Ankara, Turkey; Paisley Dodds in London; and Dejan Mladenovic in Mount Rtanj, Serbia, contributed to this report.

Source: http://news.yahoo.com/hot-spots-draw-believers-not-doomsday-142323297.html

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Bombing at political rally kills 8 in Pakistan

PESHAWAR, Pakistan (AP) ? Pakistani police say a suicide bomber attacked a political rally in the country's northwest, killing eight people.

Police officer Arfan Khan says the bombing Saturday in Peshawar, the capital of Khyber Pakhtunkhwa province, also wounded more than 20 people.

Khan says the rally was being held by the Awami National Party, whose members have been repeatedly targeted by the Taliban. A provincial Cabinet minister from the party, Bashir Balour, was wounded in the attack.

Source: http://news.yahoo.com/bombing-political-rally-kills-8-pakistan-143214848.html

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Friday, December 21, 2012

The Basement Bar ? Home Entertainment Reinvented ? The ...

If the image of a 1970s man-cave is coming to mind, let us stop you right there.? There are a wide range of entertaining area options today and just as many reasons to consider adding a contemporary basement bar to your home, full of uses for the whole family.? No matter what stage of life you?re in, a basement bar or entertaining space can add a sense of comfort and convenience to your home and make your guests feel welcome and at ease.

The traditional bar with beautiful wood cabinets and luxury countertops will always make a beautiful addition to your home, though options include more modern, colorful spaces as well.? A basement bar can even be family-friendly, offering your kids a wonderful place to host game nights with friends or make family movie night a more memorable adventure.

How do you decide what type of basement bar is a good fit for you home?

Basement bar by The Cabinet Store

A basement bar by The Cabinet Store

-Evaluate what you want to use it for.? Who will be using the space the most?? What types of events do you envision using the space for?

  • Adult entertaining areas can be used to stay in with friends, host parties or holidays, save money by entertaining at home instead of splurging on expensive nights out, or simply enjoy convenient snacks and drinks during the big game.
  • Kid and family-friendly uses can include a fun addition to home family movie nights, a great space for kid?s parties, and easy access to a drink of water during a big video game fest.? You may even want your family basement bar to feature a popcorn maker, pizza oven, ice maker, and more!

-Determine how much space you have to work with and what amenities are most needed within that space.? Is a simple countertop area and mini-fridge all you need?? Or perhaps you want to add a sink, dishwasher, wine cellar, and more.? How many cabinets will you need for storage in this space?? What type of cabinetry will match your existing d?cor?? Do you want a basic wall bar, or a more extensive wet bar with a serving counter?

-Decide what d?cor style is the best fit for your home.? Do you want a bar-style feel with dark wood cabinets and traditional bar stools?? Or do you prefer a light and airy look with accents of color and fun food offerings?? Maybe you want to start with a theme, such as a British Pub, Wine Bar, or Family Movie theme?

A good place to start is:

  • Identifying the space or spaces in your basement where you are considering adding the entertainment/bar area
  • Creating a drawing with the specific measurements of those spaces in mind
  • Bringing this sketch and measurements in to your local cabinetry store

Here at The Cabinet Store we?ll happily use our customized computer programs to create a visual plan for your potential project and walk you through your many storage and amenity options.

Need some more visual inspiration for customizing your basement bar space?? Want it to be colorful and fun?? Or sophisticated and traditional?? Click here to see some user submitted ideas from the always inspiring source HGTV.? Let the ideas abound!

Source: http://www.thecabinetstore.com/2012/12/the-basement-bar-home-entertainment-reinvented/

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ICE's NYSE swoop creates derivatives giant

LONDON (Reuters) - IntercontinentalExchange's $8.2 billion takeover of New York Stock Exchange owner NYSE Euronext allows it to tap into a dramatic expansion of demand for clearing financial derivatives expected next year.

The deal announced on Thursday gives commodities and energy bourse ICE control of NYSE Liffe, Europe's second-largest derivatives exchange, helping it to compete against larger U.S. rival CME Group, owner of the Chicago Board of Trade.

Unlike stock trading, derivatives remain highly profitable for the exchanges, and new rules next year will sharply increase demand for clearing over-the-counter contracts.

NYSE Euronext CEO Duncan Niederauer had long felt that his shareholders did not appreciate the true value of the London-based futures and options exchange, and had talked to bankers about how to improve NYSE's stock price, a person familiar with the matter said.

NYSE made an operating income of $473 million from Liffe in 2011 on revenues of $861 million compared to an income of $533 million on revenues of $1.3 billion from its equities business.

The deal threatens to further reduce the clout of the New York Stock Exchange. While "Big Board", as it is affectionately known, has stood for 200 years as an iconic symbol of U.S. capitalism, it is almost an afterthought in the takeover.

The stock market businesses are less valuable to ICE. The company said it will try to spin off the Euronext European stock market businesses in a public offering, generating speculation it may also have little interest in the NYSE trading floor.

Profits from stock trading have been significantly eroded by new technology and the rise of other places for investors to trade, including venues known as "dark pools."

ICE's Jeff Sprecher will be CEO of the combined organization, and the NYSE Euronext CEO will be president, a ceremonial title at many U.S. companies. In an interview, Niederauer said he would remain at least through 2014 as an "important senior member" of Sprecher's management team.

Sprecher and Niederauer have been friends for years, but the two stopped talking for about six weeks in 2011 when ICE teamed up with Nasdaq OMX Group to make an unsolicited bid for NYSE Euronext. That bid came even as the New York Stock Exchange operator was trying to sell itself to Deutsche Bourse. Regulatory concerns killed both deals.

Without the Nasdaq or Deutsche Bourse's huge equity operations, ICE alone has far less overlapping business and should face easy approvals, antitrust lawyers said.

The deal values each NYSE Euronext share at $33.12, a 28 percent premium to the stock's closing price on Wednesday. NYSE Euronext stock rose 34 percent to end at $32.25 on Thursday. ICE's shares fell as much as 4 percent but finished regular trading at $127.60, up 1.4 percent on the day.

ICE said it would pay annual dividends of $300 million to the companies' shareholders once the deal closes, about what NYSE pays its shareholders now.

IN THE DOLDRUMS

The deal reflected Niederauer's inability to get his company's share price out of the doldrums. Before the latest ICE offer emerged, NYSE Euronext's shares had fallen by nearly a third since ICE and Nasdaq launched their thwarted joint bid.

Further consolidation of exchanges was "inevitable" and ICE was a "great partner," Niederauer said on a call with analysts, so continuing on alone did not make sense.

"We can sit here and keep slugging away and keep working hard, but the bottom line is we had not delivered, in my mind, sufficient returns to shareholders," Niederauer said. NYSE bought Euronext, including Liffe, for 8 billion euros in 2007.

Sprecher incorporated the stalled stock price - and the unrecognized value of Liffe - as part of his pitch.

"The reason that we were prepared to pay $33 a share for a company that was trading at $24 a share was that there is a $33 company in here and the market was just not either seeing it or willing to give credit for," he said in an interview. "We said, 'let's just force the credit.'"

The two sides negotiated in secret for about eight to 10 weeks, the two CEOs said. In options markets, there were some signs that word might have leaked out, with a sudden upswing in the demand for call options on NYSE, which perform well when a company's share price rises.

ICE started out as an online marketplace for energy trading before Sprecher initiated a string of acquisitions from the London-based International Petroleum Exchange in 2001, to the New York Board of Trade and, most recently, a handful of smaller deals, including a climate exchange and a stake in a Brazilian clearing house.

ICE's current main operations are in energy futures trading and, it has steered clear of stocks and stock-options trading, key businesses for NYSE Euronext.

"This deal is probably not going to generate a lot of concern from an antitrust perspective," said Warren Rosborough, a veteran of the U.S. Justice Department's antitrust division who is now with the law firm McDermott Will & Emery.

In clearing, ICE has a popular U.S. over-the-counter and listed business, while Liffe's operation is strong in futures and based in Europe.

A combined ICE-NYSE Euronext would leap-frog Deutsche Boerse to become the world's third-largest exchange group with a combined market value of $15.2 billion. CME Group has a market value of $17.5 billion, Thomson Reuters data shows.

Hong Kong Exchanges and Clearing is the world's largest exchange group with a market cap of $19.5 billion.

With the deal still a long way from completed, Sprecher and Niederauer said they planned to keep the high-profile NYSE trading floor running. "The floor has value and in particular, it has a lot of brand value," Niederauer said. "So we are committed. Jeff is committed."

(Additional reporting by New York bureau; writing by Aaron Pressman and Carmel Crimmins; editing by Steve Orlofsky and Philippa Fletcher)

Source: http://news.yahoo.com/ices-nyse-swoop-creates-derivatives-giant-104609694--sector.html

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