Thursday, December 22, 2011

Stock index futures point higher (Reuters)

(Reuters) Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones and Nasdaq 100 all up 0.5 percent at 0936 GMT.

* U.S. final third-quarter GDP will be in the spotlight at 1330 GMT, with economists in a Reuters survey forecasting a 2.0 percent annualized pace of growth, a repeat of the third-quarter second estimate.

* Investors will also watch U.S. weekly jobless claims at 1330 GMT, while the Thomson Reuters/University of Michigan Surveys of Consumers will be at 1455 GMT and the U.S. Federal Housing Finance Agency issues Home Price Index for October at 1500 GMT.

* Yahoo Inc (YHOO.O) is considering a plan to cut stakes in its prized Asian assets as part of a complicated share transaction valued at roughly $17 billion, sources familiar with the matter said on Wednesday, winning nods of approval from Wall Street.

* Airbus is on course to end 2011 with well over 1,600 orders, pushing Boeing (BA.N) to the lowest market share of their 40-year rivalry.

* European Commission antitrust officials were not swayed by Deutsche Boerse (DB1Gn.DE) and NYSE Euronext's (NYX.N) last-ditch arguments to save their $9 billion deal, sources said.

This makes it increasingly likely the exchange operators will have to take their campaign directly to the commissioners.

* The FTSEurofirst 300 index (.FTEU3) rose 1 percent on Thursday in thin trade, with banking stocks featuring among the top performers.

* On Wednesday, the Nasdaq Composite Index (.IXIC) fell 1 percent after results from Oracle (ORCL.O) missed expectations, while the broader markets closed mostly flat in a thinly traded day.

The Dow Jones industrial average (.DJI) rose 0.03 percent, the Standard & Poor's 500 Index (.SPX) gained 0.2 percent and the Nasdaq Composite Index (.IXIC) slid 1 percent.

(Reporting by Joanne Frearson; Editing by Hans-Juergen Peters)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20111222/bs_nm/us_markets_stocks

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Sunday, December 18, 2011

Adjusting to the new Council (Offthekuff)

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House Republicans oppose Senate payroll tax bill (Reuters)

WASHINGTON (Reuters) ? House Speaker John Boehner threw into doubt the fate of a popular tax break for workers on Sunday, saying he and his fellow House Republicans oppose the two-month extension backed by the Senate and want something longer passed before the holiday break.

Boehner said on NBC's "Meet the Press" program he wants a one-year extension of the reduced rate for U.S. payroll tax paid by workers to fund Social Security.

"It's pretty clear that I and our members oppose the Senate bill. It's only for two months," Boehner said, adding this was "kicking the can down the road."

The Senate passed a two-month extension on Saturday but Boehner said he wanted to work out differences with the Senate before the end of the year, when the tax cut expires.

The biggest sticking point for a year-long extension is how to cover the $120 billion in lost revenue. Republicans are demanding spending cuts to cover the cost and Democrats want to pay for it by closing some tax breaks for the wealthy.

Boehner said Congress should stay in Washington and pass the longer extension before going home for the holiday break.

Beyond a one-year extension, Boehner said House Republicans are demanding reforms to the federal unemployment insurance program to cut the number of weeks for benefits - measures largely opposed by Democrats.

The package also includes a provision to avert a pay cut for doctors treating the elderly on the Medicare healthcare program.

"How can you do tax policy for two months?" Boehner said. "We really do believe it's time for the Senate to work with the House to complete our business for the year. We've got two weeks to get this done. Let's do it the right way."

President Barack Obama, a Democrat, says the lower 4.2 percent payroll tax rate will help boost economic growth. Without congressional action, the rate on the tax workers pay into the Social Security retirement fund will snap back to 6.2 percent.

White House economic adviser Gene Sperling was more optimistic about the prospects for the Senate-passed shorter extension.

"I really think it is very unlikely that the House would disrupt this compromise ... six days before Christmas," Sperling said on CNN's "State of the Union" program on Sunday.

(Reporting By David Lawder; Editing by John O'Callaghan)

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/nm/20111218/ts_nm/us_usa_taxes_boehner

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Saturday, December 17, 2011

Matt McGloin, Curtis Drake Fight: Penn State Football Player Hospitalized After Seizure

STATE COLLEGE, Pa. ? Penn State's Matt McGloin was released from the hospital Saturday after university police said they were called to the locker room about a report of a fight between the starting quarterback and backup receiver Curtis Drake.

The school released a statement Saturday night saying police were called after the team finished practice. McGloin was treated at Mount Nittany Medical Center.

McGloin's father, Paul, told the Patriot-News of Harrisburg and the Pittsburgh Post-Gazette that his son suffered a seizure and a possible concussion but was back at his campus apartment. Messages left Saturday night by The Associated Press for Paul and Matt McGloin were not immediately returned.

The school said campus police and judicial affairs would investigate.

No. 24 Penn State is preparing for the TicketCity Bowl on Jan. 2 in Dallas.

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Source: http://www.huffingtonpost.com/2011/12/17/penn-state-fight-mcgloin-drake-football-hospital_n_1155839.html

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Country Singer Rodney Atkins Files for Divorce Amid Domestic Abuse Allegations (omg!)

Country Singer Rodney Atkins Files for Divorce Amid Domestic Abuse Allegations

Country crooner Rodney Atkins is in some serious legal hot water.

Arrested November 21 in Tennessee, the superstar singer was busted on domestic assault charges after his wife, Tammy Jo, alleged that he tried to smother her with a pillow.

PHOTOS: Celebrity mug shots

According to court documents obtained by TMZ, Rodney, 42, "had been drinking alcohol all night and was intoxicated" when he tried to smother his wife, grab her neck and throw her down the hallway. The alleged incident is said to have taken place in front of the couple's 10-year-old son.

Released on $2,500 bail, Rodney argues that his wife of 13 years blew the incident out of proportion, and has answered her claim with a divorce filing.

PHOTOS: 2011's biggest celeb splits

"When Mr. Atkins realized their child was in hearing range of the argument his first priority became getting out of the earshot of the child," the singer's lawyer told TMZ in a statement. "Mr. Atkins realized he would have no recourse but to file a complaint for divorce. He has exercised substantial parenting time with the parties son and he will continue to do so while the divorce is pending."

PHOTOS: Stars at court

Continues the statement: "Mr. Atkins wants to thank his fans for standing by him as he is confident the truth will prevail."

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Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//us.rd.yahoo.com/dailynews/external/omg_rss/rss_omg_en/news_country_singer_rodney_atkins_files_divorce_amid_domestic193211626/43918808/*http%3A//omg.yahoo.com/news/country-singer-rodney-atkins-files-divorce-amid-domestic-193211626.html

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Friday, December 16, 2011

Spector Pro 2011


The features found in parental control and monitoringutilities cover a very wide spectrum. They all aim to protect kids from Internet dangers, but the degree to which they monitor online activity varies. Way out in the ultraviolet end of the spectrum you find products strongly focused on monitoring, like Spector Pro 2011 ($99.95/direct). With this type of utility in place, absolutely everything that happens on the child's computer is recorded.

What's New
I reviewed an earlier version of this product, Spector Pro 2009 ($99.95 direct, 4 stars), several years ago. When I first installed the 2011 edition, I hardly saw any difference. I checked in with the company to learn just what's new.

Just about all of the improvements are things you can't see, it turns out. This version is updated for efficient in-program activity capture in all the latest browsers and chat clients. It's also up to date with the latest versions of Facebook and MySpace?at least, until they change again.

Jeani Park, SpectorSoft's senior director of product strategy explained, "Our recorder does a better job of capturing everything, on a broader set of applications, in shorter timeframes. So, the recorder component is more stable, more accurate, and faster, across more applications." Park continued, "This may sound simple, but it isn't. Engineers have to reverse engineer the monitored applications to understand how they operate, so we can be sure to faithfully record, play back, and present all activity within that monitored application."

This edition enhances the product's ability to run in stealth mode, undetected. Its screen capture feature is "triggered in more granular time elements, and saved locally for fast retrieval and playback." Once again, these enhancements aren't visible.

Stealth Install
During installation of the program you must agree that you'll only install it on a computer that you own, and that you'll inform those using the computer that they're being watched. Nothing stops you from lying, though. You could definitely use this monitoring power for evil, spying on a spouse or a co-worker. I'll assume, though, that you don't plan to do that. Maybe you'll even enable the option to warn users at logon that monitoring software is active.

PC Pandora 7.0 ($109.95 direct, 3.5 stars) displays a much more detailed privacy agreement during installation. However, users accustomed to clicking past EULAs probably won't even notice it.

A wary kid won't find an obvious monitoring process in Task Manager, or in a list of startup programs. The program filename is randomized for each installation, as are names of the data folder and data files, and even the extension for data files. Clearly stealth is important.

To bring up the reporting module, you press a special key combination that you define yourself. This brings up a password dialog that doesn't mention Spector Pro. Unless you enter the user-defined password that's as far as you'll get. More stealth here! PC Pandora and WebWatcher ($169.95 direct, 4 stars) use a similar pairing of special keystroke combination and password for access.

User Profiles
By default, Spector Pro's settings apply equally to all users of the system. If you want different handling for any particular Windows account, perhaps your own, you simply associate a new user profile with that account and change its settings.

For each profile, you can enable, disable, or fine-tune any of the ten areas that Spector Pro tracks. There's also an option to set a weekly schedule and monitor only during specific times. This might make sense if you use the computer during the day but give the kids access after work hours.

WebWatcher doesn't support multiple profiles. With PC Pandora you can turn overall monitoring on or off for specific Windows accounts.

Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/O0GDBN7f044/0,2817,2397596,00.asp

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