On Saturday, Bay of Pigs invasion veterans mark 50 years since their release




















In the days before Christmas 50 years ago this weekend, 1,113 Bay of Pigs fighters captured by Fidel Castro’s forces and imprisoned for 20 months were finally released to a heroes’ welcome in Miami.

The first planeload of POWs arrived at Homestead Air Force Base on Dec. 23, 1962. Gaunt and betrayed by the John F. Kennedy administration, members of the proud Brigade 2506 were bused to Miami’s Dinner Key Auditorium, where waiting relatives engulfed them with hugs at a massive reunion that made front-page news. Five days later, JFK and his wife Jackie would be at the Orange Bowl to welcome them, too.

On Saturday, the 50th anniversary of those pivotal days will be observed as surviving brigade members — now in their 70s and 80s — hold a and 11 a.m. Mass and reunion at the Bay of Pigs Museum in Little Havana.





The release of the men was the one bright spot in the disastrous April 1961 CIA-backed invasion to overthrow the two-year old Castro government. Yet the fighters’ return also sent the somber message that exiles would not reclaim Cuba. The Cuban Missile Crisis that October had set the course of U.S.-Cuba relations until today.

Back then, it was sinking in: The Cuban exile community was in Miami to stay.

A defeated Jose Andreu, now 76, the first brigade member to sign up for the invasion, was among those who arrived home that bittersweet day.

“My wife to-be was there to meet me, along with my sister and my father,” Andreu said. “I remember a lot of hugging and crying.”

Among the young people waiting at the auditorium that day in 1962 was a teen-aged Ninoska Perez Castellon, there with her family to welcome her brothers and uncle, all brigade members.

“I remember being in that packed auditorium ... I can truly say as a child I viewed those men as my first heroes. I still do,” said Perez-Castellon, who grew up to become one of Miami’s most influential radio personalities.

Perez and her family still have black-and-white snapshots of the joyful reunion, showing her late grandmother proudly hugging her son.

The behind-the-scenes negotiations that finally led to the release of the brigadistas 50 years ago this week were the stuff of Hollywood movies. They involved months of haggling with Castro by everyone from a former first lady to a high-profile diplomatic negotiator who led the group that finally succeeded — a group of the prisoners’ mothers, wives and fathers who made up the Cuban Families Committee.

Their effort resulted in a now-forgotten 7,857 exodus of Cuban refugees, many relatives of the brigadistas, who arrived in cargo ships at Port Everglades in Fort Lauderdale from December 1962 to July 1963.

Two women in the committee played key roles — one in Cuba, motivated by a mother’s love; the other in Miami, seeking to free her husband.

Havana socialite, Berta Barreto, whose oldest son, Alberto Oms Barreto, had been captured during the invasion, made the initial contact with Castro and promised that the ransom he had set for the men would be paid. Years later, her second son, Pablo Perez-Cisneros Barreto, wrote the definitive book on the negotiations called After the Bay of Pigs, soon to be published in Spanish. “What my mother and the others managed to do, with no experience in high-level negotiating, was extraordinary,” Perez-Cisneros Barreto said.





Read More..

Analysis: Apple’s swoon exposes risk lurking in mutual funds






NEW YORK (Reuters) – The nearly 28 percent decline in shares of Apple Inc since mid-September isn’t just painful to individual shareholders. It’s also being felt by investors who chased hot mutual funds that loaded up on Apple as the stock raced to a record $ 705 per share.


Apple makes up 10 percent or more of assets in 117 out of the 1,119 funds that own its shares, according to data from Lipper, a Thomson Reuters company. Those big stakes have contributed positively to each fund’s annual performance to date, with Apple still up about 32 percent for the year. It was trading at $ 527.73 soon after the opening on Friday.






But that year-to-date outcome may not accurately reflect the performance of the funds for individual investors. All told, approximately $ 4.5 billion has been added to funds with overweight stakes in Apple this year, according to Morningstar data. The majority of these dollars were invested after March and after Apple first exceeded $ 600 per share – meaning many investors have been riding down with the decline.


The $ 302 million Matthew 25 fund, for instance, holds 17.4 percent of its assets in Apple, according to Lipper. The fund’s 31.9 percent gain through Thursday makes it one of the top performing funds for the year.


Most of its Apple shares were bought years ago at a bargain basement price of about $ 125 per share. But $ 158.9 million of the fund’s assets – or 53 percent – were invested after the end of March, when Apple was trading near $ 615 per share, according to Morningstar data.


For those investors that bought after March, all that concentration in Apple hasn’t led to a stellar gain but rather a drag on the portfolio. Someone who invested in Matthew 25 in early April has seen the value of the fund’s Apple stake fall about 19 percent, while someone who invested at the beginning of September has watched that outsized Apple stake drop 27.2 percent.


In turn, the majority of the fund’s investors have reaped a much more modest performance than its year-end numbers suggest. Since the end of March, the fund has gained 6.7 percent, according to Morningstar data, far less than its 31 percent year-to-date gain and about two percentage points more than the benchmark Standard & Poor’s 500 index.


Since, September the fund is down nearly 3 percent through Thursday’s close, compared with a 1.1 percent decline in the S&P 500 in that period.


The impact of Apple’s falling stock price shows some of the drawbacks of portfolio concentration, experts say. These stakes can leave the funds overexposed to the ups and downs of one company – counter to what most mutual funds are supposed to do for investors.


“Any time you get over 10 percent of the portfolio in one company it’s a red flag,” said Michel Herbst, director of active fund research at Morningstar. Many fund managers do have risk management rules that prevent them from devoting more than 5 percent to 6 percent of their portfolio to any one stock, he said.


Then again, some funds purposely invest in just a few stocks. Mark Mulholland, the portfolio manager of the Matthew 25 fund, said that taking concentrated positions in companies is the only way to beat an index over longer periods of time.


‘RIGHT-SIZING’ PORTFOLIOS


Along with concerns about iPhone sales in China and tax-motivated selling among people who want to avoid potentially higher capital gains taxes in 2013, the wide fund ownership of Apple may be a factor in the size of the stock’s recent declines, fund managers said. In addition, with so many funds already heavily invested in the high-priced stock, there may be fewer marginal buyers available to push prices up again when shares begin to dip.


“The stock didn’t go from $ 700 to $ 520 because people didn’t like the new iPad. It’s become a favorite short of hedge funds because they know they can get in on this,” said Mark Spellman, a portfolio manager of the $ 300 million Value Line Income and Growth fund with a small position in Apple.


Short interest in the stock rose to 20.6 million shares at the end of November from 15.1 million shares at the end of September, according to Nasdaq.


“Some of my competitors have 12 percent of their assets in Apple, which I think is ludicrous”, said Spellman, who said the company is no longer trading on its fundamentals.


Sandy Villere, who has a 2.5 percent weighting of Apple in his $ 276 million Villere Balanced fund, said that some mutual fund managers are selling shares because of the over-weighting.


“Right now many people who did take huge overweight positions are right-sizing their portfolios to get it in line with their regular weightings,” he said.


Still, some bullish investors see the stock’s recent declines as a buying opportunity.


Mulholland, the Matthew 25 portfolio manager, continues to say that shares should be priced at over $ 1,000 per share based on his valuation of the company at 10 times enterprise value divided by earnings before interest, taxes, depreciation and amortization (EBITDA). Apple trades at about 7 times that figure now.


Wall Street analysts’ average price target as of Thursday is $ 742.56, according to Thomson Reuters data. But Mulholland is happy to be more bullish than his peers.


“I’m glad that I’m able to get it at these prices,” he said.


(Reporting By David Randall; Editing by Jennifer Merritt)


Tech News Headlines – Yahoo! News





Title Post: Analysis: Apple’s swoon exposes risk lurking in mutual funds
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Buzzmakers: New X Factor and Miss Universe Winners

What had ET readers buzzing this week?

1. 'The X Factor' Crowns A Winner!

And the $5 million recording contract goes to…

Tate Stevens! The 37-year-old country crooner beat out runner-up 13-year-old Carly Rose Sonenclar for the top prize Thursday night. 35 million votes were cast Wednesday to determine victory for L.A. Reid's mentee.

Near tears, the Raymore, Missouri native thanked his fans for their overwhelming support.

"This is the best day of my life," said an emotional Stevens.

Girl group Fifth Harmony, mentored by Simon Cowell, placed third in the competition. Earlier in the night, the holiday themed finale saw performances by One Direction and Pitbull.

Auditions for an all-new season of The X Factor USA have already begun online. In-person auditions will start on March 6, 2013 in Los Angeles.

The celebrity judging panel has yet to be announced, but L.A. Reid has already taken himself out of the running. Spears has expressed interest in returning to the show for season three, but nothing has been confirmed.

2. Miss Universe 2012 Crowned

Beauties from 89 countries strutted their stuff Wednesday night in pursuit of the Miss Universe crown, but only one woman would earn the coveted title.

In the end a panel of ten celebrity judges, including Cee Lo Green and U.S. Olympic gold medalist Kerri Walsh Jennings, appointed Miss USA Olivia Culpo the winner.

The 20-year-old Rhode Island native beat out Miss Brazil (Gabriela Markus) Miss Philippines (Janine Tugonon), Miss Mexico (Irene SofĂ­a Esser Quintero), and Miss Australia (Renae Ayris) for the distinction.

Culpo follows in the footsteps of Miss Angola, Leila Lopes, who earned the crown in 2011.

The two-hour show was broadcast live from Las Vegas with musical acts One Direction and Train lending their talents to the annual extravaganza.

3. Exclusive: Arsenio on His Late Night TV Return

Break out the Woof! Woof! fist pump: Arsenio Hall is coming back to late night TV in the Fall of 2013 after a 17-year break from the game, and only ET is behind the scenes with the timeless talk show host as he shoots his first-ever promo for The Arsenio Hall Show!

"[This is] the first time America will see anything on television about the show," says Arsenio. "Instead of a commercial where I do something like say, 'I'm baaaaack' -- and everybody's, 'Ugh' -- they've come up with a real, unique, creative angle that -- actually, I looked at dailies, and it scared me. I looked at the dailies and I frightened myself."

The trailer-length promo from CBS Television Distribution pays homage to horror movies and begins airing today on all Arsenio Hall Show affiliate stations, kicking off the campaign for the new late night syndicated talk show that will be seen all across the country next year.

"I'm real excited about this; so many things have changed in pop culture since I left the air," says Arsenio about his return to late night. "I can't wait."

The Arsenio Hall Show premieres on 9/9/13. Look for much more with Arsenio between now and then, only on ET!

4. Claire Danes Gives Birth

It's a boy!

Homeland star Claire Danes and her husband Hugh Dancy welcomed their very first child together on Monday, December 17, her rep confirms to People Magazine.

The proud parents named their bouncing baby boy Cyrus Michael Christopher Dancy.

Danes, 33, wed Dancy, 37, in 2009 after two years of dating.

5. President Obama is Time's Person of the Year

For 2012, Time Magazine has selected President Barack Obama as their Person of the Year.

"For finding and forging a new majority, for turning weakness into opportunity and for seeking, amid great adversity, to create a more perfect union, Barack Obama is Time's 2012 Person of the Year," Time's Managing Editor Richzard Stengel explained.

He also cited both of the president's re-elections, snagging over 50 percent of the popular vote, as one reason he received this honor.

This is the second year Time has tapped Obama as their Person of the Year -- he previously was selected in 2008 for becoming the first black president of the United States.

Time previously named the eight finalists for 2012's Person of the Year. They included: Bill and Hillary Clinton, Apple CEO Tim Cook, Malala Yousafzai (the Pakistani girl who was shot by the Taliban for her crusade for better girls' education), Yahoo! CEO Marissa Mayer, Egyptian president Mohamed Morsi and the three scientists who discovered the Higgs Boson particle.

Read More..

Staten Island man killed in early-morning house fire

A Staten Island man was killed when an early-morning fire swept through his home, police and relatives said.

Jameek Champagne, 23, died in the third-floor attic of the home on Osgood Avenue in Clifton. His brother and grandfather escaped the blaze uninjured.

A neighbor reported the blaze after seeing flames erupt from the house at about 5:40 a.m. He banged on the door in a frantic effort to awaken its residents.

The fire was extinguished about an hour after it started, according to an FDNY spokesman. Fire marshals are investigating what caused it.

About ten cars full of grief-stricken relatives and friends came to the scene to mourn Champagne. His devastated girlfriend said that the two had a newborn girl and a 1-year-old boy.




G.N.Miller/New York Post



The Staten Island house after it was damaged by the fire



“We’re just trying to find out how this happened,” Champagne's uncle said, weeping.

Read More..

Time’s up for holiday shopping procrastinators




















Last minute shoppers like Josette Tyne are in luck this year.

With a long weekend before Christmas, retailers want to make it easier for procrastinators to finish their gift buying. Macy’s for the first time is keeping all its stores open around the clock from Friday until Sunday at midnight. Toys “R” Us and Walmart Supercenters will be open non-stop until Christmas Eve.

Even those retailers skipping the all nighter still have added extended hours often as late as 11 pm or midnight. Coupled with a flurry of last minute promotions, they hope to lure shoppers, many of whom have been largely sitting on the sidelines since Black Friday.





Tyne, 33, just starting her shopping this week at Aventura Mall, armed with a list of about two dozen people and the presents they wanted. The list would have been longer if the Fort Lauderdale resident hadn’t limited it to the kids in her family.

“I’ll probably be shopping every day from now till Sunday,” said Tyne, as she wheeled the youngest of her three boys around H&M in a stroller before heading on to Game Stop, Urban Outfitters and BCBG. “Whatever catches my eye. Luckily the kids usually like everything I get. I’m the awesome Auntie.”

A Consumer Reports Poll released earlier this week found that with just five shopping days left until Christmas, a whopping 68 percent of shoppers — a projected 132 million Americans — have yet to finish their holiday shopping.

With an early Thanksgiving leaving an extra week until Christmas and a long weekend before Tuesday’s holiday, shoppers have felt little need to rush. They also haven’t found December deals to be quite as compelling as the November sales.

Based on disappointing sales trends earlier this month, ShopperTrak said Wednesday it was cutting its holiday sales forecast. The company, which counts foot traffic and its own proprietary sales numbers from 40,000 retail outlets across the country, now expects a 2.5 percent sales increase to $257.7 billion, down from the 3.3 percent growth it initially predicted. The National Retail Federation is sticking with its prediction of a 4.1 percent sales increase.

Online sales trends are more encouraging, up 13 percent to $35 billion from Nov. 1 through Dec. 16, according to comScore, an online research firm. But that pace is below the forecast of 17 percent for the season.

“It’s coming down to the wire,” said David Bassuk, managing director and co-head of the retail practice at AlixPartners, a global consulting firm. “It’s going to require retailers to be more aggressive with their promotions than they were hoping heading into the weekend.”

While the economy is certainly in a better position than it was during the recession, many consumers still feel uneasy this year about their financial future. Some are worried about the U.S. job market and others fear the stalemate between Congress and the White House over federal “fiscal cliff’’ that could lead to tax increases and less disposable income for shoppers.

That was the case for Latonya Jones, on the hunt for bargains at Aventura Mall, coupon-loaded iPad in hand.

“I wasn’t going to buy anything this year, because I wanted to save money,” said Jones, 39, of Miami Gardens, who was shopping with her daughter Richelle, 12, this week in Macy’s. “But then I changed my mind.”





Read More..

Stand Your Ground motion denied in Janepsy Carballo case




















It will be up to a jury to decide if Janepsy Carballo was justified in the killing of the man she said killed her husband.

The Stand Your Ground motion filed by her defense was denied on Friday, based largely on Carballo’s inadvertent confession to a confidential informant who was wearing a police wire to investigate an unrelated drug charge at the pain management clinic where she worked.

Miami circuit court judge Beth Bloom said the tape of that conversation and the circumstances of the shooting “belied the claims” of forced entry and self-defense.





In 2008, Carballo shot Ilan Nissim six times in the back and arm one month after her husband and toddler son were shot in front of her house. Her son survived; her husband did not. Nissim was a suspect in the murder.

The controversial 2005 Stand Your Ground law eliminated a citizen’s duty to retreat when using lethal force to meet a threat of harm. The law also allowed judges greater leeway to dismiss a charge based on a self-defense claim.

The law came under scrutiny earlier this year when police initially declined to charge a self-proclaimed neighborhood watchman in the killing of Trayvon Martin in Sanford.

Carballo will go to trial in April facing murder charges.

This article will be updated as more information becomes available.





Read More..

The Words Exclusive DVD Bonus Features Clip

Bradley Cooper has built his career on playing men stuck between a rock and a hard place -- from The Hangover to Limitless, audiences simply adore watching the actor wriggle out of sticky situations.


RELATED - Bradley Cooper Talks The Words


The Words
promises to elate his fans once again as Cooper plays Rory Jansen, a struggling writer who finally achieves literary success after publishing what is called The Next Great American Novel. The only catch? He didn't write it.

When the original author surfaces, Jansen is forced to confront his choices and decide whether it's more important to keep up the lie or come clean. Throughout it all, one person is by his side: Dora (played by Zoe Saldana). 


VIDEO - Zoe Saldana's Avatar Sequel update

ETonline is pleased to present an exclusive clip off the DVD, where Cooper and Saldana talk about this epic cinematic love story. 

The Words will be released on December 24, click here to pre-order.

Read More..

Gunman shoots 3 dead, wounds trooper before he is killed on rural Pennsylvania road








HOLLIDAYSBURG, Pa. — A shooting along a rural road Friday left four people dead, including the gunman, and three state troopers injured, authorities said.

The shooting scene "extended over several miles" in Frankstown Township, about 70 miles west of Harrisburg, Blair County District Attorney Rich Consiglio said.

The dead were three men and one woman, Consiglio said. It wasn't immediately clear who killed the gunman.

The victims' identities weren't immediately released.

Three state troopers were also injured during the melee.

One trooper was shot in his bulletproof vest and escaped serious injury, a state police spokesman said.




A second trooper was struck by broken glass when his vehicle was fired on, and a third trooper was in a crash involving the gunman, Consiglio said.

The public is not at risk, Consiglio said. Nearby schools weren't placed on lockdown, township supervisor Mark Schroyer said.

Today's deadly attack came on the same day that the National Rifle Association broke its silence on the Newtown massacre that left 20 children and six adults dead in Connecticut.

The gun-rights group called for an armed guard in every school, and blamed the Newtown school shooting on violent video games, movies and the media.










Read More..

After its sale to South Beach neighbors, Raleigh brand to grow




















The Raleigh hotel, an Art Deco gem famous for its curlicue black-framed pool, has sold to new owners with plans to turn the hotel into a national brand.

But before Raleigh siblings pop up in locales around the country, new owners David Edelstein and Sam Nazarian will pour $2-$5 million into the 1940 property at 1775 Collins Ave.

They certainly have experience in that area. Edelstein developed and owns W South Beach, about four blocks north of the Raleigh. And Nazarian, who is based in Los Angeles, opened the SLS Hotel South Beach just south of the Raleigh on the same block earlier this year.





Brilla Group is the seller. The all-in price for the hotel, a parking lot nearby and the brand was $55 million, Edelstein said.





Read More..

Orange Bowl donates thousands of pairs of sneakers to kids in need




















Playing youth sports requires having properly fitting shoes. The Orange Bowl organization recently distributed more than 2,300 pairs of new and used sneakers to disadvantaged children who want to participate in sports and exercise.

The shoes were collected through the “Kicks for Kids School Challenge” in Miami-Dade and Broward County Schools, and the top four collectors were each rewarded with a $2,500 grant from the Orange Bowl Committee.

The winning schools were North Dade Middle School, Eugenia B. Thomas K-8 Center, Sunset Lakes Elementary School and McArthur High School. North Dade Middle School students celebrated with a dance, and even Orange Bowl mascot “Obie” attended the “orange carpet” event. Students were admitted to the dance by donating a pair of athletic shoes to Kicks for Kids. For more visit www.community.orangebowl.org.





TOYS FOR SICK KIDS

Children in the hospital for the holidays were cheered by visits from veterans and volunteers with the Hearing Research Institute, who each year purchase gifts for hundreds of young patients at Miami Children’s Hospital and Holtz Children’s Hospital at Jackson Memorial. The giving tradition has continued for 25 years.

Some of the toys and stuffed animals donated were part of “Toys from Tots to Tots” at Temple Judea of Coral Gables. The sharing program was created by Dr. Robert Pickard, a South Miami ear, nose and throat specialist, and a retired Army colonel. Pickard is the medical director of the Hearing Research Institute.

“Healthy children from the school at Temple Judea donated a present meant for a sick child which became part of those gifts distributed by the veterans group,” he said. “This is a double blessing both for the healthy child who gives and the sick child who receives. Isn’t that what the Chanukah and Christmas season is all about?”

The various veterans groups that gave funds to buy the gifts included Lions Clubs, Anthony Abraham Enterprises, Viet Nam Veterans, Association of the U.S. Army (AUSA), Jewish War Veterans USA, the American Legion, and Korean War Veterans. Any extra toys were given to the Child Life departments at the hospitals for children who will be hospitalized over the holidays. The Fallen Police Officers Association and the Children’s Home Society also received extra toys.

Some of the volunteers who participated in the toy sharing included Pickard, his wife Susan and their daughter Beke Pickard, Remy Gordon, Roberto and Miriam Molledo, David Magidson, Luis LaLama and his daughter Susana, Wesley Mejia, Steve Jockers, Dan Fischer, Harris Hershkowitz, George Becker, Ike Heller, and Dana Rogozinski

NEW BIKES

Getting a new set of wheels is a dream come true at the holidays and the bicycle police officers with the city of Miami now get to live it. The city received 13 special new bikes from the Hampton Inn & Suites Miami Brickell-Downtown. The hotel underwrote the $8,500 purchase in support of the not-for-profit H.E.L.P. Fund (Help Equip Law-Enforcement Personnel).

Miami City Commissioner Marc Sarnoff and the hotel’s developer, Bernard Wolfson of Hospitality Operations Inc, recently presented the bicycles at a dedication ceremony.

“I started the H.E.L.P. Fund to give our police and fire-rescue personnel the tools necessary to make our streets safer and give the business community, specifically, a way to directly invest in the well-being of our citizens,” Sarnoff said in a release. He is also chairman of the Miami Downtown Development Authority (DDA).

“Introducing additional police protection on our Downtown Miami streets will enhance quality of life in our neighborhood, ensuring our guests from around the world enjoy a secure and positive experience,” Wolfson said. The donation nearly doubled the bike force that patrols the area.

Businesses and citizens can get involved by donating to the city of Miami’s H.E.L.P. Fund at www.miamifoundation.org.

TOY DRIVE

Santa Claus and other celebrities recently joined with helpers from the South Florida Council of Fire Fighters at the 22nd annual Amigos for Kids Holiday Toy Caravan. The group delivered joy and gifts at locations throughout South Florida and the event drew hundreds of volunteers.

The Amigos For Kids tradition, which began in 1991, helps make the holidays brighter for thousands of needy children each year. The Amigos effort is designed “to fulfill each child’s specific wishes from his/her very own wish list.” The gifts are purchased to fulfill at least two of each child’s requests.

Individual sponsors also participated in the toy drive that brings contributions from family members, co-workers, members of church congregations and other groups. A large number of corporate sponsors assist in the success of this respected toy drive. For more on how to get involved go to www.amigosforkids.org.





Read More..

Nintendo’s amazing triumph in Japan may doom the company internationally






According to Japanese gaming bible Famitsu, Nintendo (NTDOY) 3DS sold 333,000 units in the week ending December 16, while Sony’s (SNE) PS Vita limped along at 13,000 units, the new Wii U did an okay 130,000 units and the PlayStation 3 managed to sell 46,000 units.  The utter hardware domination of the 3DS is reshaping the Japanese software market. Franchises that were thought to be fading have been revitalized in their portable versions. The 3DS version of the ancient Animal Crossing series, famed for being the game where nothing happens, hit a staggering 1.7 million units last week in Japan. Inazuma Eleven sold 170,000 units in its launch week, up from 140,000 units its DS version managed in 2011.


[More from BGR: RIM, HTC and Nokia could all be headed the way of Palm]






Nintendo’s portable console 3DS had a muted start in its home market in the spring of 2011. Many thought that Sony would have a fair shot at competing with Nintendo once Playstation Vita launched at the end of 2011. But once Nintendo executed an aggressive price cut for 3DS in the summer of 2011 and then launched a large-screen version of the console in mid-2012, the gadget has grown into a Godzilla in Japan, demolishing both Sony Vita and aging tabletop console competition.


[More from BGR: BlackBerry 10 browser smokes iOS 6 and Windows Phone 8 in comparison test [video]]


3DS is doing well also in America, where its lifetime sales are moving close to the 6 million unit mark this holiday season. According to NPD, the 3DS sales in the United States topped 500,000 units in November. That’s a decent number, though far from the torrid volume the portable is racking up in its home market. The U.S. November video game software chart was dominated by massive home console juggernauts: new installments of Call of Duty, Halo and Assassin’s Creed franchises shifted more than 13 million units in retail. At the same time, the Japanese software chart remains in a ’90s time warp, dominated by Nintendo’s musty masterpieces: Super Mario Brothers, Pokemon, Animal Crossing, etc.


Japanese and American tastes have always been different. But what we are witnessing now is a particularly fascinating divergence. American consumers are spending more of their time and money on smartphone and tablet games, while console game spending is increasingly focusing on massive, graphically stunning blockbuster titles on Xbox360 and PS3. The casual gamers are shifting to mobile games, while hardcore gamers remain attracted to sprawling epics on home consoles. The overall video game spending in America keeps declining month after month, as casual titles and mid-list games slide. But the Triple A whales like the Call of Duty series are doing better than ever.


In Japan, Nintendo has been able to battle back iPhone and Android game invasion with a nostalgic series of portable games that basically recycle the biggest hits of ’80s and early ’90s. Mario, Pokemons and other portable heroes are slowly losing their grip on U.S. and European consumers. But in Japan, some form of national nostalgia is keeping Nintendo on track.


The problem here is that the Japanese success of the 3DS may now be convincing Nintendo that it does not have to reconsider its business strategy. The smartphone and tablet game spending continues growing explosively across the world. Unlike console games, mobile game sales in China are legal. The global gaming spending is shifting towards new hardware platforms even as console mammoths like Halo still reign in America. At this critical juncture, Nintendo has managed to cocoon its home market in a web of nostalgia, turning the 3DS console and its Eighties left-over franchises into epic bestsellers yet again.


This means that there is no sense of urgency to push Nintendo into rethinking its long-term plans. The company may continue simply ignoring the smartphone and tablet challenge, designing new portable consoles and the 28th Mario game to support it. Twenty years ago, Japan’s insularity doomed its chances to succeed in the mobile phone business. And now the idiosyncratic nature of Japan may be leading its biggest entertainment industry success astray.


This article was originally published by BGR


Gaming News Headlines – Yahoo! News





Title Post: Nintendo’s amazing triumph in Japan may doom the company internationally
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Oscars Flashback: Russell Crowe 2001

At the 2001 Academy Awards, Russell Crowe won his first Oscar for Gladiator, a film that created a significant appetite for epic dramas that still exists today. However, Crowe wasn't exactly on cloud nine after winning the award, as he is unyieldingly sarcastic and standoffish in his pressroom session.

Crowe, who had been nominated for an Oscar for The Insider prior to his portrayal of "Maximus," sets a bitter tone in the pressroom from the get-go, which makes the scene reminiscent of a press conference with the head coach of a losing sports team. Crowe is happy to speak about the beer he'll be celebrating with but nothing of substance.


PIC: First Look: Russell Crowe as 'Noah'

"The evolution of the moment? That's a really long answer and I'm only into short answers. Ask me questions that I can answer 'Yes' or 'No' [to] or shortly and then we'll all get on really well," he says, trying to contain his smile.

The sour Crowe proves that he isn't joking about his approach to the pressroom by then giving a sarcastic answer to the next question he receives about how he related to his character in the film. After turning a cold shoulder on the reporter, the standoffish Crowe says, "Whatever. Moving right along!"

Despite his irreverent brevity with the press, the then-37-year-old Australian is anything but brief when elaborating on how tough it was to film the physical parts of the film, which would have been a proper answer to the question he deflected about his similarities to his character.


RELATED: Russell Crowe Requires Coast Guard Assistance

"The most challenge aspect of the character was, in truth, the physicality. I got very heavily beaten up on this movie and we didn't have time to take things like breaks in production or anything to repair me, so I just had to keep going with it," he says with a smile."

Crowe was nominated for A Beautiful Mind the following year but hasn't been nominated since. However, he has been nominated for a SAG Award for his role in Les Miserables and may soon receive an Oscar nomination.

Read More..

Helicopter that crashed into East River was too heavy: report








AP


This photo provided by the National Transportation and Safety Board shows the helicopter that crashed into the East River last October.



A federal report says a helicopter that crashed into the East River off New York City on a sightseeing tour last year was carrying too much weight.

Thursday's report from the National Transportation Safety Board doesn't conclude what caused the crash. That will likely be determined in two months.

But the report says the Bell 206 chopper was carrying an estimated 3,228 pounds when it crashed shortly after takeoff in September 2011. The aircraft's capacity was 3,200 pounds.



The accident killed three people. The pilot and one passenger survived.

The NTSB report says 56-year-old pilot Paul Dudley told investigators he asked passengers' weights and calculated they wouldn't be too heavy. But the surviving passenger said Dudley didn't ask or calculate the total weight.

Dudley didn't immediately return a message Thursday.










Read More..

Carnival fourth-quarter profits tumble




















MIAMI (AP) – Cruise operator Carnival Corp. said Thursday that its fiscal fourth-quarter net income tumbled 57 percent, hurt by lower ticket prices and higher fuel costs.

Despite the drop, the results beat Wall Street predictions. But the Miami-based company issued a lower-than-expected profit prediction for the full year, and its shares fell 6 percent in morning trading.

Cruise line operators entered 2012 thinking they could start charging passengers more again after offering widespread discounts following the 2007-2009 recession. But just two weeks into the year, 32 people died when Carnival’s Costa Concordia sank off the coast of Italy. Bookings slumped even as cruise companies lowered prices.





For the quarter ended Nov. 30, Carnival earned $93 million, or 12 cents per share, down from $217 million, or 28 cents per share, in the same quarter last year. Excluding one-time items, the company, which operates Holland America Line, Princess Cruises and Carnival Cruise Lines, said it posted an adjusted profit of 13 cents per share.

Revenue fell 3 percent to $3.58 billion from $3.7 billion.

Analysts, on average, expected a profit of 11 cents per share on $3.49 billion in revenue, according to a FactSet poll.

Carnival’s revenue yields, which measure the amount a cruise company makes from its passengers after removing expenses, fell 4.5 percent, but were better than the 5 to 6 percent drop the company projected in September. In addition, fuel prices rose 5.4 percent to $716 per metric ton, but weren’t as high as the $739 per metric ton the company expected.

Those factors helped offset an increase in operating costs, resulting in the better-than-expected quarterly results, the company said.

For the full year, Carnival earned $1.3 billion, or $1.67 per share, down from $1.91 billion, or $2.42 per share, in the previous fiscal year. Revenue fell to $15.38 billion from $15.79 billion.

Carnival said that over the past six weeks, booking volumes for the first three quarters of this year were about the same as they were at the same time last year, with slightly lower prices. But overall advance bookings for 2013 continue to trail levels a year ago at slightly lower prices, the company said.

Carnival said it currently expects full year 2013 net revenue yields, excluding the effects of currency exchange rates, to rise between 1 and 2 percent. The yields are expected to decline 2 to 3 percent in the first quarter, but then improve sequentially during the rest of the year as ticket prices and occupancy for the North American brands and Costa recover.

Taking those expectations into account, Carnival projected an adjusted 2013 profit of $2.20 to $2.40 per share. Analysts had expected $2.47 per share.

The company also projected a fiscal first-quarter profit of 3 to 7 cents per share, while analysts expect a profit of 5 cents per share.

Carnival shares fell $2.15, or 6 percent, to $36.91 in morning trading.





Read More..

New poll: Many Florida voters say they wouldn’t re-elect Scott as governor




















Gov. Rick Scott continues to suffer from poor approval ratings despite an improving economy and lowering unemployment, and a majority of voters say they wouldn’t vote to re-elect him, a new poll shows.

The poll found, among other things, that many voters are crediting the Obama administration with an improving economy, rather than Scott.

A Quinnipiac University poll released Wednesday showed Florida voters disapprove by 45-36 percent of the job Scott is doing, and 52 percent said he doesn’t deserve a second term, compared to just 30 percent who told pollsters Scott should be re-elected.





The poll also found that 55 percent of voters — including 53 percent of Republicans — say they’d like another Republican to challenge Scott for the GOP nomination in 2014.

Republican voters do give Scott a positive 63-19 percent job approval rating, however, and GOP voters say by a 55-26 percent margin that he deserves a second term.

“Obviously, the governor has almost two years to go until the election and anything is possible, but he faces a herculean task in changing public opinion to his favor,” said Quinnipiac pollster Peter Brown.

Scott, who has struggled with negative approval ratings since being elected in 2010, plans to seek re-election next year. The only declared candidate challenging him is Democratic former state Sen. Nan Rich. Former Republican Gov. Charlie Crist, who is now a Democrat, is considering a run, and Democrat Alex Sink, who narrowly lost to Scott in 2010, is thought to be mulling a rematch.

Crist, who was governor as a Republican from 2007 to 2011 and lost a bid as an independent in 2010 for the U.S. Senate, has a 47 percent favorable rating and 33 percent unfavorable mark among all voters, according to the Quinnipiac poll. His favorability among Democrats is 65 percent and among independents is 48 percent, but only 28 percent of Republicans have a favorable view of Crist, compared to 56 percent who have an unfavorable view.

Crist on Wednesday said he has no timetable for deciding whether to run for governor. Of Scott’s poor rating he said, “I would attribute the downturn to this voting issue,” meaning the election law Scott signed that is still controversial.

Asked what factors he would use to decide, he said: “I love my state and my heart bleeds for the people of Florida right now. I think we can do better with education in our state, with the environment in our state. …”

Sink overall is viewed favorably by just 27 percent of voters and unfavorably by 14 percent, but 57 percent of respondents didn’t have an opinion.

Among four other possible Democratic challengers the poll asked about — Rich, Orlando Mayor Buddy Dyer, former Tampa Mayor Pam Iorio and South Florida businessman and former lawmaker Jack Seiler — none has a favorability score of more than 17 percent and the overwhelming number of respondents said they didn’t know enough about them to have an opinion.

The only other Republican the pollsters tested was Agriculture Commissioner Adam Putnam, thought by many to be a likely candidate for governor in the future. But 80 percent of voters don’t have an opinion currently about Putnam, a longtime former Congressman and former state legislator.

Respondents said they dislike Scott’s policies by 52 percent to 32 percent, though nearly half of voters say they’re at least somewhat satisfied with the way things are going in Florida — the highest so far during Scott’s term. The poll didn’t ask specifically what policies voters don’t like.

Scott has staked his success on creating jobs, and has been able to boast about a falling unemployment rate for several months. Florida’s jobless rate fell in October to 8.5 percent, its lowest level since December 2008, and non-farm employment has grown for more than 27 straight months. When Scott got elected, unemployment in the state was at 12 percent, so he has made good to some degree on his main promise of getting people back to work.

Pollsters found, however, that many voters are crediting the Obama administration with the improving economy. Twenty-seven percent of respondents said the president deserves “a lot” of the credit for the improving economy, to just 16 percent who think Scott deserves “a lot” of the credit. Similarly, though, those voters who believe the economy is getting worse, overwhelmingly blame Obama rather than Scott.

The poll also found a 52-30 percent approval rating for U.S. Sen. Marco Rubio, a Republican, and a 51-31 percent approval rating for U.S. Sen. Bill Nelson, a Democrat. The Legislature, generically, is seen negatively by 44 percent of respondents with just 35 percent approving of lawmakers on the whole.

The poll included 1,261 registered voters and was taken Dec. 11-17. It has a margin of error of plus or minus 2.8 percentage points.





Read More..

ET Flashback: Defending 'The Dark Crystal'

Thirty years ago Jim Henson and Frank Oz debuted The Dark Crystal, a groundbreaking, live-action sci-fi fantasy populated completely by imaginative, highly detailed puppets. Back in 1982, ET sat down with the visionary family filmmakers to preview the film, its myriad creatures -- and differentiate it from the inevitable comparisons of the time to E.T. the Extra-Terrestrial and Star Wars.

Video: Cee Lo and The Muppets Get in The Xmas Spirit

"What we're trying to do here is a film that's totally different," Henson told ET. "You can tell just by the look of these things that it's not related at all to The Muppets, and we don't want the audience going in expecting to see Kermit and Piggy, because what they'll get is very, very different."

"If you describe it in the terms of Yoda or E.T., it is a movie entirely of Yodas and E.T.'s," said Oz, who had recently provided the voice of the diminutive Jedi master in The Empire Strikes Back. "There's not one human in it. There's no animation whatsoever. It's really that kind of movie with all these creatures."

Related: Mark Hamill Tells New Stories from 'Star Wars'

The story of a Gelfling's quest to find the missing shard of a magical crystal to restore order to his magical world, The Dark Crystal was a moderate box office success despite having to overcome mixed reviews, wary parents who thought the tone was too dark for their little ones, and the distraction of E.T. and the Star Wars franchise, which had become cinematic phenomenons.

Part of the absolute charm of this particular flashback video is listening to the voices of the late, great Henson and his good friend Oz. It's impossible, when you close your eyes and listen to their voices, not envision Kermit the Frog and Fozzie Bear (and a dozen other Muppet characters) discussing the merits of The Dark Crystal.

Video Flashback: 'E.T. The Extra-Terrestrial'

Although Henson himself said that no sequel to the movie was planned, a follow-up film in 3D called Power of The Dark Crystal has been in the works at The Jim Henson Company for quite some time and, although currently in hiatus due to budgetary concerns, is still a possibility more than 30 years after the original film debuted.

Read More..

Robin Hood starts distributing $50M from Superstorm Sandy concert

The Robin Hood Foundation says it is beginning to distribute $50 million in proceeds from last week's benefit concert to organizations helping victims of Superstorm Sandy.

Madison Square Garden spokeswoman Michelle Isaacs said Wednesday the money was raised through ticket sales, merchandising and charitable auctions at the Dec. 12 show, which featured Paul McCartney, Bruce Springsteen and the Rolling Stones. More revenue is expected to come in.

Robin Hood says it is distributing roughly 40 percent of the money to organizations based in New Jersey, with the rest in New York and Connecticut.




Getty Images for Clear Channel



Bruce Springsteen and Jon Bon Jovi perform at "12-12-12" the concert to benefit victims of Superstorn Sandy.



The devastating storm tour into the New York metropolitan region on Oct. 29.

Read More..

Stone-crab season suffers in the Keys




















Despite rocketing prices for stone-crab claws, many Florida Keys commercial fishermen have nearly given up on the season only 2 months old.

"We may see record prices but also record pain," said Gary Graves, general manager of Keys Fisheries in Marathon. "Prices don't mean anything if you can't catch anything."

Harvests since shortly after the season opening Oct. 15 have been "as bad as I can remember during my 45 years in the business," Graves said. "It's just bleak."





Keys Fisheries, one of the state's leading wholesalers for stone crabs, has laid off half of its production staff, maybe 20 people, Graves said.

"We hate to do it to our people but we're probably not finished," he said. "Right now, a big day for us is 1,000 pounds [of claws]. It should be around 15,000 pounds. We're doing nothing."

Keys Fisheries has raised its dockside prices paid to fishermen several times to encourage fishermen to keep their traps in the water.

Graves said it costs a fisherman about $1,200 in fuel, labor and other expenses to make a day's trip. The fish house's current prices are $9 per pound for medium-size claws and $17 per pound for the coveted jumbos.

"Our wholesale sales prices are higher than that and retail is through the roof," Graves said. "But we can't fill the orders we have."

A Marathon community group recently canceled the organization's annual stone crab feast for members because no claws were to be found.

The season runs until May 15.

Last season, Monroe County produced about 1.1 million pounds of legal-size claws, accounting for a large portion of Florida's total 2.67 million-pound harvest worth an estimated $23.6 million to the commercial fleet.

About 1,000 people statewide are licensed to fish traps for stone crabs. Only the claws are kept. Historically, stone-crab harvests have topped three million pounds of claws.

"The last two years were good and the recruitment looked normal," Graves said. "The first round of trap pulling was fine but it went downhill from there — like falling off a cliff."

Fishermen and researchers are baffled.

"Blame it on global warming, blame it on BP [Deepwater Horizon oil spill], blame it on Mother Nature," Graves said. "Everybody's got an idea but nobody can say why. It's probably a combination of a bunch of things."

News reports from stone-crab fleets farther up the Florida Gulf Coast suggest an octopus population explosion. Crabs are a favorite food of octopus, which are smart enough to get into traps.

"We've seen more octopus in the 6- to 8-pound range, which is abnormal," Graves said. State experts have suggested warm winters may have triggered the octopus boom.

"Things could turn around," Graves said, "but realistically the chances of it happening this season are slim."





Read More..

Florida unveils new license tag — and yes, there’s an orange




















Florida voters have selected their next license tag.

The green-rimmed, leafed-orange winner in a poll of about 50,000 online voters could be released as soon as 2014. It is scheduled to be phased in over two years on Florida’s 15 million vehicles.

“Sunshine State” is at the plate’s bottom edge, and the center is stamped with seven characters instead of the traditional six, to keep Florida from running out of character combinations.





“The online poll represents one part of the process to select the new plate design,” says a news release from the Department of Highway and Motor Vehicles. “Before the design is manufactured, the public’s vote will be factored in with input from the Governor, Cabinet and policy makers.”

The Florida Department of Highway Safety and Motor Vehicles created four designs in-house with input from about 20 people, from Florida Department of Law Enforcement officials to tax collectors.

But Highway Safety Chief Julie Jones faced push-back from the moment she announced the $31 million makeover, with manufacturing groups threatening to take the state to court and critics trashing the tags as dull.

Among other upgrades, Jones wanted to give the plates a flat — rather than raised — surface, and increase state revenue by making the tags more legible for red-light cameras and toll booths. Currently, one in six digital images is declared unreadable at tollbooths by the Florida Turnpike Enterprise.

But Jones backed off asking for flat tags after PRIDE, the St. Petersburg-based nonprofit that uses prisoners to make tags, filed a legal protest against the state. PRIDE lacks the equipment to make flat plates.

The plate redesigns got scathing reviews from Miami Herald columnist Fred Grimm, who shredded the tags as “remarkably bland” and “nondescript.”

“The four choices are so spectacularly insipid that it’s no easy decision,” Grimm wrote of the online poll. “It would be easier picking a favorite from Rick Scott’s most electrifying speeches.”

Kevin Cate, who owns a Tallahassee public relations firm, found the plates so distasteful he offered his own design, which the highway safety department rejected. The new tag should send people to VisitFlorida.com, he argued, which promotes state tourism, restaurants and businesses.

“There’s no winner of the choices the Department of Highway Safety and Motor Vehicles have provided to the people of Florida,” he said. “Nobody wins with the new tags.”

Contact Brittany Alana Davis at bdavis@tampabay.com or 850-323-0353.





Read More..

Merry Christmas, America-Haters?






When TNT was preparing its annual special “Christmas in Washington” with the president of the United States, you’d think the last star musician they would consider to join the official caroling would be Psy, the South Korean rapper. What on Earth is Christmasy about this man’s invisible-horse-riding dance to his dorky disco-rap hit “Gangnam Style”? It’s not exactly the natural flip-side to “O Holy Night.” But TNT couldn’t resist this year’s YouTube sensation.


This inane publicity stunt backfired when the website Mediaite reported on Dec. 7 that Psy (real name: Park Jae-sang) had participated in a 2002 protest in which he crushed a model of an American tank with a microphone stand. But that’s nothing compared to the footage of a 2004 performance after a Korean missionary was slaughtered by Islamists in Iraq. These lyrics cannot be misunderstood.






“Kill those f—-ing Yankees who have been torturing Iraqi captives … Kill those f—-ing Yankees who ordered them to torture … Kill their daughters, mothers, daughters-in-law and fathers … Kill them all slowly and painfully.”


This isn’t just anti-American. It’s anti-human.


Guess where this story first surfaced in the American media? CNN, from the same corporate family tree as TNT. It was posted back on Oct. 6 on CNN’s iReport, an open-source online news feature that allows users to submit stories for CNN consideration.


The Korean one-hit wonder put out the usual abject careerist apology, but he weirdly said, “I’m deeply sorry for how these lyrics could be interpreted.” Those darn lyrics and those darn people who misinterpret lyrics about killing Yankees’ mothers. It is like Barack Obama expressing regret for the awful things said about Susan Rice, ignoring the awful things said by Susan Rice.


Psy is now a millionaire. As Jim Treacher wrote at the Daily Caller: “So far he’s made over $ 8 million from the song, about $ 3 million of it from the people he once wanted to kill.” Brad Schaeffer at Big Hollywood noted his own father fought for South Korea’s independence in the Korean War: “Had it not been for ‘f——-g Yankees’ like my Dad, this now-wealthy South Korean wouldn’t be ‘Oppan Gangnam Style’ so much as ‘Starving Pyongyang Style.’” (Gangnam is a posh district in the South Korean capital of Seoul.)


Despite the controversy, neither the Obama White House nor the TNT brass felt it was necessary to send Psy packing before the Dec. 9 taping. On Saturday, ABC reporter Muhammad Lila merely repeated, “the White House says the concert will go on and that President Obama will attend, saying that they have no control over who performs at that concert.”


What moral cowardice. On Monday morning, another pliant publicist, NBC correspondent Peter Alexander, calmly relayed that the White House did take control on the Psy front — on its own “We The People” website, where the people may post petitions to the president for their fellow citizens to sign. A petition asking Obama to dump Psy from the Christmas concert was itself dumped. Alexander explained: “But that petition was removed because the rules say the petitions only apply to federal actions. And, of course, the President had no say over who the private charity chose to invite.”


This is double baloney. The White House hasn’t removed silly “federal action” petitions like the one asking to “Nationalize the Twinkie Industry,” or one to “Secure resources and funding, and begin construction of a Death Star by 2016.” They removed one that they didn’t want people to sign.


As for Obama having “no say over” who appeared on the TNT show, the president could easily declare he wasn’t going to share a stage with this America-hater. Or he could have obviously placed one phone call to Time Warner CEO Jeff Bewkes (an Obama donor), and expressed the dismay of the President of the United States.


Instead, the Obamas came and honored Psy. Yes, the president honored a man who despised America enough to want its citizens slaughtered.


John Eggerton of Broadcasting and Cable magazine observed, “At the end of the taping, when the First Family customarily shakes hands and talks briefly with the performers, the First Lady gave Psy a hug, followed by a handshake from the President, who engaged Psy in a short, animated discussion — at one point Psy appeared to rock back with laughter — and patted the singer on the shoulder.”


I never thought I’d ever view a Christmas special featuring a hideous hater of America celebrated by the President of the United States.


L. Brent Bozell III is the president of the Media Research Center. To find out more about Brent Bozell III, and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate Web page at www.creators.com.


COPYRIGHT 2012 CREATORS.COM


Linux/Open Source News Headlines – Yahoo! News





Title Post: Merry Christmas, America-Haters?
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Advocate: Soldiers got 'wrist slap' in Chen hazing case








The family and friends of an Army private who committed suicide after being hazed by fellow soldiers say their punishment is only "a slap on the wrist."

That's what attorney Elizabeth OuYang told a news conference in Chinatown on Tuesday.

Military officials say Danny Chen killed himself last year in Afghanistan after being harassed by other soldiers.

On Monday, officials said the last soldier accused in the case faced dismissal from the service. Five other soldiers received prison sentences. Two received demotions.

OuYang heads the nonprofit Organization of Chinese Americans that is pushing for the dismissal from the Army of all eight of the soldiers in the case.





AP



Danny Chen





She was joined by Chen's parents. His father, Yan Dao Chen, wore his dead son's camouflage military cap.










Read More..

Pipeline Brickell, a new co-working space, reaches 70% occupancy




















Pipeline Brickell, the shared workspace at 1101 Brickell Avenue that opened last month, announced it has reached 70 percent occupancy and is now home to dozens of startups, established companies and professionals. Company founders Todd Oretsky and Philippe Houdard said members of the 14,000-square-foot high-design co-working center include The Founder’s Institute, the world's largest startup accelerator; Pininfarina, an Italian-based design firm with clients including Ferrari and Maserati; Virgin Unite, a non-profit foundation founded by Richard Branson for the venture capital conglomerate Virgin Group; LearnerNation, a provider of interactive learning tools; and GuestBooker, a New York-based firm that specializes in booking high-profile talent on national TV networks. Pipeline, one of a wave of co-working spaces already opened or planned for Miami, also offers its members classes, workshops and networking events and has been hosting programs for community organizations.








Read More..

Narcy Novack gets life in prison for killing her hotel heir husband




















An epic family murder saga ended Monday when Narcy Novack, wife of Fontainebleau hotel heir Ben Novack Jr., was sentenced to life in prison.

Three years after she and her brother, Cristobal Veliz, planned and helped execute Ben Novack and his mother Bernice, the convicted killers, who had remained loyal to each other throughout the trial, made it clear their family ties would not extend to prison. Cristobal also was sentenced to life in prison Monday.

Each blamed the other for masterminding the murders, and their lawyers each asked the judge for leniency, claiming they were less culpable because the other sibling was pulling the strings.





But U.S. District Judge Kenneth M. Karas, was not swayed, calling the crimes “vile.” The former Hialeah stripper, 56, did not attend the sentencing, a move that Karas called “a final act of cowardice,’’ according to those in the courtroom.

Novack, who ordered the hitmen to cut out her husband’s eyes, will now see little more than the inside of a federal prison. She will spend her days in a yellow jumpsuit and sneakers and sleep on a jail cot. Known as a late riser, Novack will be forced up at the crack of dawn each day to do chores, like washing floors and peeling potatoes.

Her new life will be far cry from her jet-setting days drinking champagne and having servants to do her cooking and cleaning.

With her conviction, Narcy Novack loses all rights to the bounty she hoped to claim after the murders. While she was designated as the sole beneficiary of his estimated $10 million estate, under Florida’s Slayer Statute, she now forfeits all rights to his fortune and Karas also ordered that any of her own personal assets be seized.

Novack, and her brother, both natives of Ecuador, were convicted in June of plotting the July 12, 2009, killing of her husband, 53, son of the late Ben Novack Sr., who built Miami Beach’s storied Fontainebleau hotel. Narcy Novack believed that her husband was going to leave her for another woman and that she would be left with a fraction of his wealth.

Under Ben Novack Jr.’s will, his mother, had she lived, would have been appointed as curator of his estate and received $200,000 in cash plus $2,500 per month. Though Narcy Novack would receive the balance of her husband’s property and money, as curator, Bernice Novack, 86, would have exercised great control over the purse strings, and likely would have made life difficult for her daughter-in-law, whom she had once accused of trying to poison her.

Novack’s attorney, Howard Tanner, argued that his client should be sentenced to 27 years, instead of life, arguing that her brother planned her mother-in-law’s murder. As he did during trial, Veliz claimed that Narcy’s daughter, May Abad, planned the killings, an allegation that prosecutors had dismissed years ago.

In sentencing the siblings, Karas spoke about a letter he received from one of Bernice Novack’s neighbors, Doug Reynolds. Reynolds pointed out that if Novack received just 27 years, as her lawyer suggested, she would conceivably see freedom in her mid-80s, or about the same age Bernice Novack was when her life was taken from her. Karas agreed that it would be an injustice if Bernice Novack’s killers would be able to live out their lives in freedom when Bernice wasn’t able to.





Read More..

RIM begins BlackBerry 10 tests with business, government clients






TORONTO (Reuters) – Research In Motion Ltd said on Monday that it had begun a “beta testing” program that allows 120 companies and government departments to try out its new BlackBerry 10 smartphones before their global launch on January 30.


The Canadian company, which is trying to reverse a sharp decline in market share for the BlackBerry, said the program would enable so-called enterprise customers in business and government to size up the BB10.






Features of the BB10 include the ability to separate personal and business information so that the user can store both without compromising security.


RIM has struggled in recent years to hold on to its base of enterprise customers, which typically pay a higher subscription fee than consumers, as their employees push to use devices such as Apple Inc’s iPhone for business as well as personal communications.


“This is a crucial step for us in getting our large enterprise customers ready to support BlackBerry 10 at the point of launch date, as opposed to post-launch date,” Bryan Lee, senior director for enterprise accounts, said in a phone interview.


RIM is providing the software and handsets at no charge, and the companies do not have to buy anything once the trial is finished.


The company plans to release its quarterly results on Thursday, and analysts expect it to report its third straight loss as it struggles to sell its older devices.


RIM made its name selling mobile email devices to bankers, lawyers and other professionals before expanding to sell phones to consumers.


The company said the BB10 testers were from financial, insurance, healthcare, manufacturing, media, and distribution industries and include 64 Fortune 500 companies, as well as government departments.


Lee would not identify any of the entities, beyond Integris Health and the U.S. Immigration and Customs Enforcement agency, which have both said they are testing the new devices.


The customers have installed test versions of RIM’s new server software, which manages iPhones and devices using Google Inc’s Android software as well as BlackBerrys, and will each receive two preproduction BlackBerry 10 handsets later this week.


RIM shares were down 2.1 percent at C$ 13.59 in morning Toronto Stock Exchange trading.


The stock has rallied from September’s multiyear lows around C$ 6.50 on a wave of optimism over the new devices, but the share price is still far below mid-2008 highs of around C$ 150.


(Reporting by Alastair Sharp; Editing by Lisa Von Ahn)


Tech News Headlines – Yahoo! News





Title Post: RIM begins BlackBerry 10 tests with business, government clients
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Les Miserables Stars

Given his strong song and dance background (plus, those two Tony Awards), it's no surprise Hugh Jackman's name gets bandied about for every big screen musical. But, in a new interview during The LA Times' Envelope Screening Series, Jackman reveals his latest stab at cinematic singing scared the life out of him.


VIDEO - Amanda Seyfried on Getting a Lap Dance From Jackman

After equating Jean Valjean in Les Miserables to Hamlet, Jackman says, "You dream of having a great part, but deep down there's that fear of, 'Will you live up to your own expectations?'"


VIDEO - Hugh Jackman Gets A Star on The Walk Of Fame

Thankfully Jackman's fears were unfounded as his work not only secured him a Golden Globe nomination for Best Actor, but a SAG nod in the same category and a smattering of Best Ensemble nominations.

Check out ETonline's exclusive clip from The LA Times' The Envelope Screening Series (for more click here!) -- and to sign up for a 14-day free trial of EPIX, click here!

Read More..

Judge rules Coney Island wooden boardwalk to be replaced with plastic planks








REUTERS


The boardwalk at Coney Island before the arrival of Sandy.



Plastic is the new wood, a Brooklyn judge has decided — at least when it comes to Coney island’s famous boardwalk.

Judge Martin Solomon ruled that the city may move forward with its plan to replace five blocks of the iconic – and rickety — wooden boardwalk with plastic and concrete planks, according to court documents revealed today.

Solomon ruled in favor of the city Parks Department and against the Coney-Brighton Boardwalk Alliance, which had filed to force the Bloomberg administration to conduct an environmental review before replacing any wooden planks.




"We are pleased the judge found that the Parks Department complied with the law, thus allowing this project to proceed,” Katie Kendall, of the New York City Law Department, said in a statement.

"We are disappointed in the decision … A moratorium on construction of concrete and plastic boardwalk sections is urgently needed for the safety of the community,” the Coney-Brighton Boardwalk Alliance said in a statement.

jsaul@nypost.com










Read More..

Ryder CEO Greg Swienton retiring, COO getting promoted




















Trucking giant Ryder will get a new CEO in two weeks, as the Miami-Dade company announces the retirement of Gregory Swienton and the promotion of current COO Robert Sanchez to the top job.

Ryder, which leases commercial trucks and manages supply operations for companies around the world, saw revenues and profits increase this year, but has also been cutting costs and selling part of its fleet to combat slowing sales. Swienton, 63, joined Ryder as president in 1999 and was promoted to CEO a year later. Sanchez, 47, will become the company’s fifth CEO since its founding in 1933 by a Miami Beach construction worker named Jim Ryder. One of three Fortune 500 companies south of Palm Beach County, Ryder employs about 700 people at its headquarters in western Miami-Dade.

Sanchez becomes CEO on January 1, and Swienton will retain the title of chairman of the board until Ryder’s annual meeting in May, when that title will pass to Sanchez, too, the company said in a press release issued Monday morning.





E. Follin Smith, an independent director on the board, said in a statement in the company press release: “We sincerely thank Greg Swienton for leading Ryder to an improved sustainable business model, significantly enhanced financial performance, and an organization-wide commitment to business integrity.”

Swienton said Monday he was ready to end his career and begin enjoying a retirement with family, particularly grandchildren living in Texas, where he and his wife own a home.

“I had my seventh grandchild on Nov. 28th. There are many things pulling you in life,’’ Swienton said in a joint telephone call with his successor, Sanchez. “I’ve been working for 41 years straight.”

A 19-year veteran at Ryder, Sanchez has served as head of the company’s largest division, global fleet management solutions, and as chief financial officer. He was born in Miami, a graduate of Christopher Columbus High School and the University of Miami.

Sanchez said his main goal would be “to continue the good work Greg has done here at Ryder.” He noted that Ryder’s primary business is as an out-sourcer — with companies turning over their supply operations to Ryder as a cost saver. That leaves Ryder plenty of room to grow, since “there is still a very large part of the market that is not outsourced.”

Following the news Ryder stock dropped almost 2 percent by midday Monday, to $48.75 a share, on a day when most stock indices were posting gains.





Read More..

Child dies from injuries after being hit by car




















A 7-year-old struck by a vehicle in a Lauderhill neighborhood street Saturday night has died, police said on Sunday.

The child was struck at around 7 p.m. on the 5700 block of Northwest 27th Court.

No names have been released.





The driver has been identified only as a 20-year-old female.

The cause of the accident is still under investigation, said police spokesman Capt. Rick Rocco.

The child was transported to Broward Health Medical Center in critical condition immediately after the incident, police said.





Read More..

Riveting Details Emerge from CT School Rampage

As morning turned to afternoon on Friday, further details continued to emerge from Newtown, CT, a tight-knit community shaken by a massacre at Sandy Hook Elementary School that took the lives of innocent students and teachers, in addition to the gunman, reportedly identified as Adam Lanza.

RELATED: President Fights Tears as He Addresses Nation

As President Barack Obama touched on in his tear-jerking press conference, this is not the first time the nation has witnessed a tragedy of this kind. The recent mass shooting at an Aurora, CO movie theater is just one instance of such violence. Columbine High School and Virginia Tech also resonate as prime examples.

Hollywood's biggest stars were quick to react to the news on Twitter and made an outcry for stricter gun control regulations.

Watch the video for ET's complete coverage of today's biggest headline.

RELATED: Celebs Tweet Reactions to CT School Shooting

Read More..

Fuel spill in Staten Island waters confined: Coast Guard








The US Coast Guard says a fuel spill from a cargo tank on a barge has been "pretty much confined" to the Staten Island waters where it originally occurred.

Spokesman Charles Rowe says cleanup of the spill is continuing, with thousands of gallons of oil-tainted water removed.

The spill from a leaking tank occurred Friday at about 11:20 p.m. It's unclear how much of the 112,000-gallon tank's oil had spilled.

The leak has stopped.

Rowe said booms had been deployed to contain the spill, with the majority of the oil concentrated around the barge. He said some had gone into the harbor and isolated patches had been seen on the Staten Island and New Jersey shorelines.



Rowe said booms had been placed to protect a bird sanctuary in the area.










Read More..

Miami in spotlight at AVCC, other entrepreneurship events




















Entrepreneurs from around the world took the stage during this packed week of entrepreneurship events in Miami: Florida International University’s Americas Venture Capital Conference (known as AVCC), HackDay, Wayra’s Global DemoDay and Endeavor’s International Selection Panel.

The events, all part of the first Innovate MIA week, also put the spotlight on Miami as it continues to try to develop into a technology hub for the Americas.

“While I like art, I absolutely love what is happening today... The time has come to become a tech hub in Miami,” said Miami-Dade Mayor Carlos A. Gimenez, who kicked off the venture capital conference on Thursday. He told the audience of 450 investors and entrepreneurs about the county’s $1 million investment in the Launch Pad Tech Accelerator in downtown Miami.





“I have no doubt that this gathering today will produce new ideas and new business ventures that will put our community on a fast track to becoming a center for innovative, tech-driven entrepreneurship,” Gimenez said.

Brad Feld, an early-stage investor and a founder of TechStars, cautioned that won’t happen overnight. Building a startup community can take five, 10, even 15 years, and those leading the effort, who should be entrepreneurs themselves, need to take the long-term view, he told the audience via video. “You can create very powerful entrepreneurial ecosystems in any city... I’ve spent some time in Miami, I think you are off to a great start.”

Throughout the two-day AVCC at the JW Brickell Marriott, as well as the Endeavor and Wayra events, entrepreneurs from around the world pitched their companies, hoping to persuade investors to part with some of their green.

And in some cases, the entrepreneurs could win money, too. During the venture capital conference, 29 companies —including eight from South Florida such as itMD, which connects doctors, patients and imaging facilities to facilitate easy access of records — competed for more than $50,000 in cash and prizes through short “elevator’’ pitches. Each took questions from the judges, then demoed their products or services in the conference “Hot Zone,” a room adjoining the ballroom. Some companies like oLyfe, a platform to organize what people share online, are hoping to raise funds for expansion into Latin America. Others like Ideame, a trilingual crowdfunding platform, were laser focused on pan-Latin American opportunities.

Winning the grand prize of $15,000 in cash and art was Trapezoid Digital Security of Miami, which provides hardware-based security solutions for enterprise and cloud environments. Fotopigeon of Tampa, a photo-sharing and printing service targeting the military and prison niches, scored two prizes.

The conference offered opportunities to hear formal presentations on current trends — among them the surge of start-ups in Brazil; the importance of mobile apps and overheated company valuations — and informal opportunities to connect with fellow entrepreneurs.

Speakers included Gaston Legorburu of SapientNitro, Albert Santalo of CareCloud and Juan Diego Calle of .Co Internet, all South Florida entrepreneurs. Jerry Haar, executive director of FIU’s Pino Global Entrepreneurship Center, which produced the conference with a host of sponsors, said the organizers worked hard to make the conference relevant to both the local and Latin American audience, with panels on funding and recruiting for startups, for instance.





Read More..