Sunday, August 4, 2013

New US penalties will greet Iran's new leader

WASHINGTON (AP) ? As Iran's new president takes over, new U.S. penalties against the country appear a done deal.

In a letter to President Barack Obama, 76 senators are demanding tougher punishment on Iran's economy until the Islamic republic scales back its nuclear program. It also urges Obama to consider military options while keeping the door open to diplomacy.

The Senate letter, a copy of which was obtained Saturday by The Associated Press, comes just days after the House overwhelmingly passed new restrictions on Iran's oil sector and its mining and construction industries. Senators are expected to take up the same package in September.

"Until we see a significant slowdown of Iran's nuclear activities, we believe our nation must toughen sanctions and reinforce the credibility of our option to use military force at the same time as we fully explore a diplomatic solution to our dispute with Iran," says the letter, which will be delivered Monday.

The Obama administration is concerned Congress' effort could undercut Iran's relatively moderate President-elect Hasan Rouhani, who was formally endorsed by Iran's ayatollah on Saturday and takes the oath of office Sunday. Rouhani has pledged to follow a "path of moderation" and promised greater openness over Iran's nuclear program.

Obama wants to give Rouhani a chance to prove his seriousness.

The U.S. believes Iran has been working for years to develop nuclear weapons. Iran insists its program is for peaceful energy and research purposes.

Rouhani's victory signaled Iran's clear dissatisfaction, the senators said. But they noted that all final decisions on nuclear matters rest with Supreme Leader Ayatollah Ali Khamenei and said Iran must not be allowed to use any new nuclear negotiations with world powers to stall for time.

"Iran today continues its large-scale installation of advanced centrifuges," their letter said. "This will soon put it in the position to be able to rapidly produce weapons-grade uranium, bringing Tehran to the brink of a nuclear weapons capability."

"We need to understand quickly whether Tehran is at last ready to negotiate seriously," it added. "Iran needs to understand that the time for diplomacy is nearing its end."

Obama prefers diplomacy. He has given Iran until sometime next spring to prove to the world that its program is peaceful.

If Iran fails to do so, the stage may be set for military intervention from the U.S. or Israel, which sees Iranian nuclear weapons capacity as an existential threat and has warned of taking action according to its own timeline.

Source: http://news.yahoo.com/us-penalties-greet-irans-leader-145539945.html

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Thursday, July 25, 2013

Dealzmodo: Rockstar Games, $10 Earbuds, iPod Touch, Haswell, Keurig

Dealzmodo: Rockstar Games, $10 Earbuds, iPod Touch, Haswell, Keurig

Gizmodo already told you the Chromecast was a no-brainer, so you don't need my help with that one. Gamefly is having a ridiculous deal on Rockstar games today, and I decided the Dealzmodo readers deserved to share the wealth. Besides, the 3TB External I was going to run with expired. Like in said in the Moneysaver, you can get 4 GTA games, 3 Max Paynes, Bully, L.A. Noire, and all related DLC for the bunch for $35, which is laughably cheap. [Gamefly]

Read more...

Source: http://gizmodo.com/dealzmodo-rockstar-games-10-earbuds-ipod-touch-has-898018662

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How the new Nexus 7 and iPad Mini compare

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Source: news.cnet.com --- Wednesday, July 24, 2013
Google's latest Nexus 7 is here -- how do its features line up against the IPad Mini's? Let's break it down. [Read more] ? ? ? ? ...

Source: http://feedproxy.google.com/~r/cnet/tcoc/~3/2P3f48Vg1KE/story01.htm

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Companies to open facilities in Santa Teresa, create 70 jobs

By Brook Stockberger

bstockberger@lcsun-news.com @Bstockberger on Twitter


SANTA TERESA >> For the third time in less than a year, Gov. Susana Martinez visited the southern part of Do?a Ana County on Monday to announce the location of two new companies -- with about 70 new jobs -- in the Santa Teresa area.

"It seems like we're making these type of announcements in Santa Teresa more and more often," she said.

W Silver Recycling, a metal recycling company, and Twin Cities, a warehousing, distribution and logistics company, plan facilities in the Verde Logistics Park. El Paso-based Twin Cities bought 32 acres and plans to start construction in about a month or so and hopes to be finished during the first quarter of next year, said Ed Hazelton with the company. W Silver, which has a facility in El Paso as well as Albuquerque, will be making its "single largest investment in the region," president Lane Gaddy said.

W Silver has been in operation for nearly a century and works with utility companies and manufacturers, Gaddy said. The company refers to itself as the only full-service recycler on the U.S.-Mexico border and is involved in plastic grinding and processing, pallet processing, industrial trash hauling, wire chopping and other areas.

Gaddy said that Davin Lopez of the Mesilla Valley Economic Development Alliance as well as Jerry Pacheco and Ed Camden of the Border Industrial Association made the move

possible.

"Without them strong-arming us, the time line might have been longer," he said. "They really helped."

Gaddy said W Silver has thought about expansion for about a decade. He said incentives in place as well as the overweight zone -- a six-mile zone that allows trucks with overweight cargo to travel into the state -- were attractive,

"We were looking at locations in El Paso and we told Davin that we were interested in Santa Teresa as well," he said.

Hazelton said that Twin Cities has been interested in the Santa Teresa area since 1996, but the recent improvements in infrastructure and the start of construction of Union Pacific's $400 million intermodal facility in the area were very attractive. The company was established in 1979 as a warehousing, distribution and logistics company to expedite the storage and transportation of products in the El Paso/Ju?rez area.

In 1998, Twin Cities began operations as a container holding facility for ocean carriers. In Santa Teresa it will move and store containers and trailers for its clients. The company will have the capacity to handle loaded and empty containers for transfer or storage.

"(The companies) have put their faith in New Mexico," said New Mexico Economic Development Secretary Jon Barela. "Santa Teresa has become one of the most dynamic communities along the U.S.-Mexico Border."

State Sen. Mary Kay Papen was on hand for the announcement and said the growth of the Santa Teresa area is being noticed.

"We're always looking to Albuquerque as the big boys, now we're becoming one of the big boys," Papen said.

Martinez, a Republican, said that work with legislators like Papen, a Democrat, across party lines has allowed the state to become more competitive. She pointed to the reduction in corporate income tax as one example.

"Instantly Secretary Barela started getting calls from companies interested in coming here," she said.

And the governor said that she does enjoys her trips back home to Do?a Ana County.

"I hope to be back in southern New Mexico for many more job announcements," Martinez said.

Business Editor Brook Stockberger may be reached at 575-541-5457

Source: http://www.lcsun-news.com/ci_23710087/companies-open-facilities-santa-teresa-create-70-jobs?source=rss_viewed

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Tuesday, July 16, 2013

Technology Stocks To Consider Now | Mobile Tech Today

Summer isn't usually prime time to load your portfolio with tech stocks, but now actually might be an opportune time to start sifting through some tech names while you are sitting on a sandy beach.

Tech stocks are looking relatively inexpensive these days for those who have the luxury of not needing immediate results and have a medium-term outlook.

"Our basket of 30 secular growth tech companies is near decade lows both in terms of forward-looking price-earnings ratios and their premiums relative to mature technology stocks," says Bill Whyman, a technology analyst for ISI Group in Washington, D.C.

The ISI "growth basket," which consists of the 30 top-performing tech stocks based on a growth score formula devised by the firm, is trading roughly 17 times forward-looking earnings, which is four points lower than historical averages of 21. "It suggests that growth-tech is historically cheap," Whyman says. ISI assigns a growth score to about 160 technology stocks.

Companies with higher growth scores, such as computer Relevant Products/Services game-maker Take-Two Interactive, tend to outperform the broader market based on historical comparisons. Stocks with rising growth scores, such as Amazon.com, tend to outperform those names with falling growth scores, such as Nokia, according to the ISI tech stock model.

It's All About Growth

Whyman also looks at what he calls the "growth premium," which is the gap between forward price-earnings ratios of growth companies, such as Netflix, and mature tech stocks, such as IBM. Right now, the premium for growth tech is four points higher than historical comparisons, which are hovering near multiyear lows. The gap is reasonably small as a result. Usually, the premium gap is much wider because investors traditionally are willing to pay higher prices for high-octane tech stocks, Whyman explains.

ISI's basket of the 30 highest-rated growth companies is up about 60% since 2000, while a comparable index of the 30 lowest-rated, or most mature tech companies, is down nearly 60% during that time frame.

The good news for those investors playing at home is that it's not too late to get into the tech stock game because growth tech is still affordable. While growth scores do a decent job of predicting stock performance, they aren't foolproof, Whyman warns. Yet the top 10% of the companies in the firm's growth score calculation have outperformed the bottom 10% nearly every time.

But in the past two quarters that pattern didn't hold true. Some mature tech names that had been taking a beating, such as Hewlett-Packard, have been performing well while some growth stocks have lagged. But no need to worry, "We don't believe this is sustainable," Whyman says. (continued...)


?

? 2013 USA TODAY under contract with MarketWatch. All rights reserved.

Source: http://www.mobile-tech-today.com/story.xhtml?story_id=88666

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Wire's' David Simon: 'If you stand your ground with your fists and you're black, you're dead'

By Tim Molloy

NEW YORK (TheWrap.com) - "The Wire" creator David Simon says the Trayvon Martin verdict exposes an ugly double standard in Florida's "stand your ground" law:

"You can stand your ground if you're white, and you can use a gun to do it. But if you stand your ground with your fists and you're black, you're dead."

He added that "If I were a person of color in Florida, I would pick up a brick and start walking toward that courthouse" where George Zimmerman was found not guilty Saturday in Martin's shooting. He praised those who have responded without violence.

Simon addressed the verdict on his blog, "The Audacity of Despair."

"In the state of Florida, the season on African-Americans now runs year round. Come one, come all," he wrote. "And bring a handgun. The legislators are fine with this blood on their hands. The governor, too. One man accosted another and when it became a fist fight, one man - and one man only - had a firearm. The rest is racial rationalization and dishonorable commentary."

Simon has chronicled the flaws of urban institutions for three decades, first as a reporter for the Baltimore Sun, and then as the author of "Homicide." That led to a television career that included HBO's "The Wire" and "Treme."

The Martin case hit him especially hard.

"If I were a person of color in Florida, I would pick up a brick and start walking toward that courthouse in Sanford," he wrote. "Those that do not, those that hold the pain and betrayal inside and somehow manage to resist violence - these citizens are testament to a stoic tolerance that is more than the rest of us deserve. I confess, their patience and patriotism is well beyond my own."

Source: http://news.yahoo.com/wires-david-simon-stand-ground-fists-youre-black-234552016.html

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Oh, #Florida!

Gnomes and other garden ornaments fill the back garden of Nigel and Jean Balcombe in Ashford, southeast England February 10, 2013. Garden gnome, deadly weapon?

Photo by Luke MacGregor/Reuters.

?Brothers and sisters, this morning I intend to explain the unexplainable?find out the undefinable?ponder over the imponderable?and unscrew the inscrutable." ?Florida poet James Weldon Johnson

Every day weird news comes out of Florida. As with the famous saying about porn, we know what it is when we see it. But what elements combine to make a story that occurs in Florida fit the definition of ?weird Florida??

Thanks to a lifetime of observing Florida weirdness all around me, I have formulated a few general rules. I also consulted a couple of experts on this subject: Brendan Farrington, who since 1998 has compiled an annual roundup of bizarre behavior in Florida for the Associated Press; and Barbara Hijek, who writes the FloriDUH blog for the South Florida Sun-Sentinel. Here's what we came up with:

1)????? The story generally involves an unusual weapon. A machete is okay. A samurai sword will do. A lawn gnome is waaaaaaaaaay better.

2)????? Nudity is not essential, but it is recommended.

3)????? The presence of an animal helps, especially an alligator, whether large or small. Some sort of big snake is good. Monkeys are an old standby. Llamas are the new hotness.

4)????? The participation of Florida's many sex-industry workers tends to boost the story's visibility.

5)????? You'd be amazed how many stories there are about sexual encounters gone horribly awry (and how great the mugshots are). Note: Said encounter does not have to involve a couple. It may, however, involve something from No. 3.

6)????? You'd also be amazed at what people post on Facebook.

7)????? For ?the Happiest Place on Earth,? Disney World manages to generate a lot of weirdness.

8)????? You can always count on some help from 911.

9)????? Florida thieves steal the strangest things.

10)? Mistaken identity stories are frequently good for a laugh.

One word of caution: Don't ever look back to see what happened next to the people in these stories. What you find might bring a tear to your eye.

Source: http://www.slate.com/articles/life/florida/features/2013/oh_florida/weird_florida_stories_weapons_animals_nudity_facebook_and_mistaken_identities.html

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