These six booming careers are expected to see job growth of 20 percent or more.
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Friday, July 29, 2011
What not to put in a wallet
Carrying these around boosts your chances of becoming an ID theft victim.
Also: White Firefighters Get $2M in Damages in Racial Bias Case
A white group of firefighters who won a reverse discrimination case before the U.S. Supreme Court in 2009 have been awarded about $2 million in damages from the city of New Haven, ending a 7-year-old legal battle that fueled national debate over racial justice, officials said Thursday.Chairman of FriendFinder Networks Inc Awarded $8.1M in Improper Seizures Case
Three Merrill Lynch units must pay a total of $8.1 million to a real-estate investment trust executive who alleged the firm improperly seized nearly 1.3 million shares of stock from his accounts.Daniel C. Staton [pictured], former chief operating officer and executive vice president of Duke Realty (DRE), filed the case against Bank of America Corp.'s (BAC) Merrill Lynch & Co., two Merrill banking units and a team of advisers in 2008, alleging they breached their fiduciary duty to him and made unauthorized trades in his account, among other things. Staton Family Investments Ltd. was also a claimant in the case.
The ruling, by a Financial Industry Regulatory Authority arbitration panel, was a partial victory for Staton, who originally sought $300 million in compensatory damages, plus another $900 million under a Florida civil theft law. Staton asked the panel, alternatively, to force Merrill to return nearly 1.3 million shares of Duke Realty stock to his account, along with dividends and other relief.
One of the three arbitrators who heard the case dissented from the ruling, which found the three units liable for breaching their fiduciary duty to Staton. The panel, as is customary, didn't explain the reasons for its decision, entered July 21.
Staton, now chairman of FriendFinder Networks Inc. (FFN), a social-networking technology company in Sunnyvale, Calif., has been involved in real-estate development and other entrepreneurial ventures for more than 30 years. He is also managing general partner of the Walnut Group, a Cincinnati-based private- equity firm.
The case stemmed from an advisory relationship between Staton and a Merrill Lynch team headed by Christopher Dale Jacobs in Indianapolis. The Finra panel dismissed Staton's claims against Jacobs and his team.
Staton, who acquired the stock during more than a decade of working at Duke Realty, never wanted to sell it off because of potentially high capital gains taxes and other reasons, said his lawyer, Martin Russo of Gusrae, Kaplan, Bruno & Nusbaum PLLC in New York. Merrill advised Staton to use the stock as collateral for a loan from a Merrill-affiliated bank, he said. Merrill Lynch Bank USA, one of the units liable in the ruling, ultimately became the lender.
Merrill didn't inform Staton of a "trigger price" at which the lender would consider the stock to have no value, and be able to demand immediate repayment of the loan, Russo said. The situation became dire as the stock price dropped below the trigger of $19 per share during the financial crisis in 2008. Merrill abruptly told Staton to deposit $23 million as collateral, Russo said, and he wasn't able to come up with the money fast enough. The Merrill unit advising Staton then seized the stock as a result and liquidated it, he said, in order to repay its banking unit for the loan.
Merrill said it disagreed with the arbitration decision. "We are very surprised that any award was made in light of the facts of this case," a Merrill spokesman said. He noted that the arbitrators awarded a fraction of the amount Staton originally sought.
"Merrill Lynch Bank USA acted completely within the parameters of its loan agreement to protect the collateral held during extreme market turbulence in October 2008," the spokesman said. Merrill is considering asking a court to overturn the ruling, he said.
Fortunes found in homes
Rummaging through his parents' attic, Steven Hoffer found toys worth up to $10,000.
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Man caught after 32 years on lam
Frederick Barrett slipped away from a Florida prison during a nighttime power outage in 1979.
Also: LA police clash with film crowd
A Twitter invitation to a "block party" brings an unruly crowd to a Hollywood Boulevard screening.
Also: Paying Red-Light Camera Fines Are For Suckers!
Did you get a red-light camera ticket? Did you pay the fine? If you did, then you're a sucker.That's the message that motorists in Los Angeles got when it was revealed that red-light camera fines - some of which were as high as $476 - were actually "voluntary."
The Los Angeles Times has the story:
City officials this week spotlighted a surprising revelation involving red-light camera tickets: Authorities cannot force violators who simply don't respond to pay them. For a variety of reasons, including the way the law was written, Los Angeles officials say the fines for ticketed motorists are essentially "voluntary" and there are virtually no tangible consequences for those who refuse to pay. [...]
Unlike other moving citations, which are issued directly by a police officer to a driver who signs a promise to appear in court, red-light camera tickets are mailed to the registered owner of the vehicle allegedly involved in the violation.
That has limited the Los Angeles County Superior Court system's willingness to aggressively enforce camera ticket collections for the city and 32 other photo enforcement programs in Los Angeles County, officials said.
Under state law, court officials have discretion over how they pursue those who do not respond to camera-generated citations. Los Angeles County Superior Court officials, as a matter of fairness, said that for the last decade they have chosen a less forceful approach partly because the person receiving the ticket may not be the person who was driving the car.
Pour A Shot Of Tequila
In Your Gas Tank!
It fuels your party, your buzz and your hangover the next day, but believe it or not tequila may soon be fueling your car. That’s because the agave plant extract used to make liquor can also be used to make an ethanol like alcohol which can serve as vehicle fuel, won’t interfere with food crops, and can even be grown in the desert. Someday, our cars may hit the bottle more often than we do, but at least it won’t be hitting our wallets very hard.
Beautiful Blue Evaporation Pond in the Middle of the Moab Desert
No, that's not photoshopped - that's a potash evaporation pond in the middle of the Moab desert, Utah.
Why the brilliant blue colors? Stephanie Pappas of LiveScience writes:
Why the brilliant blue colors? Stephanie Pappas of LiveScience writes:
To get potash out of the ground, miners pump water from the nearby Colorado River through wells into an underground mine, according to mining company Intrepid. The water dissolves the potash salts buried 3,000 feet (914 meters) below the surface. The now-briny water is pumped back up into the shallow ponds seen here, where the sun evaporates off the water, leaving salt crystals behind.
The ponds get their bright blue color from a dye, much like food coloring, added to the water. The color helps the ponds absorb more light, speeding up the evaporation process.
The Milky Way over Abandoned Kilns
These abandoned kilns in Nevada were made in the 1870s to turn wood into charcoal. Tom McEwan snapped this amazing picture of the night sky over them:
Visible above the unusual kilns is a colorful star field, highlighted by the central band of our Milky Way Galaxy appearing along a diagonal toward the lower right. Many famous sites in our Galaxy are visible, including the Pipe Nebula and the Dark River to Antares, seen to the right of the Milky Way. The origin of the green mist on the lower left, however, is currently unexplained.Click here to see a much larger version.
Asteroid tags along with Earth
Scientists discover a small space rock that dances in front of the Earth, just beyond its reach.
Also:Largest Water Reservoir In Universe, 12 billion Years In Past
Using a pair of sub-millimeter wavelength telescopes, two teams of astronomers have discovered the largest reservoir of water ever found in the Universe. The water-containing cloud was found near quasar APM 08279+5255, some 12 billion light years from Earth; this means that the radiation seen today from this quasar was emitted when the universe was a scant 1.6 billion years old. Calculations have placed the mass of water vapor in the cloud at approximately 100,000 solar masses, or 140 trillion times the mass of all water on the planet Earth.
Secret dolphin community
Denise Herzing allows a rare glimpse of a hidden family that she's known for almost 30 years.
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Thursday, July 28, 2011
The Daily Drift
The Daily Drift
Today's horoscope says:Sometimes you can get so wrapped up in the excitement and challenges of your life that the days just fly by.
One minute it's Monday afternoon, and then suddenly it's Friday night!
But once time passes it's gone forever.
So right now it's important for you to realize that every day is something you need to experience as much as you can.
Take notice of the people and events around you and you'll be privy to some useful insight.
Slow down if you need to.
Don't take anything for granted.
Some of our readers today have been in:
Berlin, Berlin, Germany
Edinburgh, Scotland, United Kingdom
Cardiff, Wales, United Kingdom
Rome, Lazio, Italy
Geneva, Geneve, Switzerland
Chatswood, New South Wales, Australia
Belfast, Northern Ireland, United Kingdom
Amsterdam, Noord-Holland, Netherlands
Dublin, Dublin, Ireland
Canberra, Australian Capital Territory, Australia
Madrid, Madrid, Spain
Reykjavik, Reykjavik, Iceland
Moscow, Moskva, Russia
Auckland, Auckland, New Zealand
Sydney, New South Wales, Australia
Melbourne, Victoria, Australia
Barcelona, Catalonia, Spain
Hamburg, Hamburg, Germany
Florence, Toscana, Italy
Cork, Cork, Ireland
Vilnius, Vilnaius Apskritis, Lithuania
Isai, Isai, Romania
Kiev, Kiev, Ukraine
Seoul, Kyonggi-Do, Korea
Yogyakarta, Yogyakarta, Indonesia
London, England, United Kingdom
Stoke On Trent, England, United Kingdom
Copenhagen, Kobenhavn, Denmark
Edinburgh, Scotland, United Kingdom
Cardiff, Wales, United Kingdom
Rome, Lazio, Italy
Geneva, Geneve, Switzerland
Chatswood, New South Wales, Australia
Belfast, Northern Ireland, United Kingdom
Amsterdam, Noord-Holland, Netherlands
Dublin, Dublin, Ireland
Canberra, Australian Capital Territory, Australia
Madrid, Madrid, Spain
Reykjavik, Reykjavik, Iceland
Moscow, Moskva, Russia
Auckland, Auckland, New Zealand
Sydney, New South Wales, Australia
Melbourne, Victoria, Australia
Barcelona, Catalonia, Spain
Hamburg, Hamburg, Germany
Florence, Toscana, Italy
Cork, Cork, Ireland
Vilnius, Vilnaius Apskritis, Lithuania
Isai, Isai, Romania
Kiev, Kiev, Ukraine
Seoul, Kyonggi-Do, Korea
Yogyakarta, Yogyakarta, Indonesia
London, England, United Kingdom
Stoke On Trent, England, United Kingdom
Copenhagen, Kobenhavn, Denmark
as well as Slovakia, Malta, Bulgaria, Israel, Finland, Austria, Norway, Georgia, Mexico, Peru, Kuwait, Serbia, Bangladesh, Latvia, Greece, Scotland, Hong Kong, Denmark, Wales, Iran, Singapore, Poland, Taiwan, Sweden, Afghanistan, Belgium, Tibet, Croatia, Pakistan, Romania, Paraguay, Sudan, Vietnam, Argentina, Cambodia, Egypt, France, Estonia, Puerto Rico, Maldives, Qatar, Brazil, New Zealand, United Arab Emirates, Slovenia, China, Iraq, Ecuador, Nigeria, Colombia, Chile, Honduras, Paupa New Guinea, Moldova, Venezuela, Germany, Mexico, Saudi Arabia, Ireland, Czech Republic, Vietnam, Norway, Finland
and in cities across the United States such as Rocky Point, High Point, South Point, Lookout Point and more.
and in cities across the United States such as Rocky Point, High Point, South Point, Lookout Point and more.
Today is:
Today is Thursday, July 28, the 209th day of 2011.
There are 156 days left in the year.
Today's unusual holidays or celebrations are:
National Milk Chocolate Day
and
National Chili Dog Day.
and
National Chili Dog Day.
Don't forget to visit our sister blog!
Girl's death inspires charity
Rachel Beckwith's tragic death inspires thousands to give far more than her $300 goal for clean water.
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