Great-grandmother leads annual Miami-Dade, Monroe toy drive




















Beginning in August, Bunchy Gertner puts aside her social life, her needs and even her great-grandchildren to head over to the “North Pole,” the place where she stores, wraps and distributes thousands of toys destined for foster care children in Miami-Dade and Monroe counties.

“This is top banana,” said Gertner referring to the nonstop volunteer work she has done for the past 16 years. “Every kid will get a gift and — even if it’s just for a moment — they will know that someone cares.”

It’s Gertner who dedicates her time to planning and execution of the toy drive that will distribute 3,400 gifts to the children under Our Kids, a non-profit agency that provides foster care and related services in Miami and the Florida Keys.





“She focuses solely on the toy drive and lives to match the right toy with the right child,” said Fran Alegra, Our Kids CEO. “I don’t have staff that would be able to dedicate the time that she gives to this.”

Over the years, 78-year-old Gertner has not only given every foster child a gift, but she has made sure that everyone receives a good quality, age appropriate present.

“I think I have 3,400 children,” said Gertner. “Thank God I didn’t give birth to all of them and they’ve all left the house. But I feel like they’re all mine.”

Gertner has even made it her mission to look after the children who are aging out of foster care and are considered independent living. For these teens, she prepared a gift that includes a comforter, sheets, pillow cases, hand towels, bath towels, glass wear, pillows, dishes, pots and pans.

“They have no money when they leave foster care,” said Gertner. “I give them what a mom and dad would give a child who was going off to college or going off on their own.”

In order to raise money and collect presents, Gertner has relied on about 50 sponsors, who are responsible for collecting gifts. She distributes the first names of children with their age, gender and ethnicity to provide each child with an appropriate gift.

“I became a beggar. I got down on my hands and knees and begged everyone that I met,” said Gertner. “I write letters, I make phone calls and ask if they would want to help or if they know anyone who would want to do it.”

Once she receives the gifts from the sponsors, they are taken to her North Pole, which this year is an empty store donated by Gulfstream Park.

There, she sorts the presents that come with a specific child’s name by agency and begins wrapping the gifts that she receives with no specific name.

“I couldn’t do it alone,’’ said Gertner, who refers to her helpers as elves. “If it weren’t for the people helping me wrap and the sponsors, I wouldn’t have a toy drive.’’

On any given 10-hour work day, the volunteers, which range in numbers from a handful to two dozen, show up to wrap and sing holiday songs.

“This is better than staying at home in bed all day,” said Rivly Breus, a student at Florida Atlantic University. With a little experience under her belt from wrapping at Macy’s, Breus decided to Google a way she could volunteer her talents.

“It was hard for me growing up so it’s good to be able to shine a light on others,” Breus said.

Some come with no experience, like Gonzo Gonzalez, who often has to patch the spaces where he didn’t use sufficient paper.

“I didn’t have it easy growing up, but at least I had my parents,” said Gonzalez, who wrapped about 30 footballs on a recent Sunday. “It’s good to be able to give back. The kids who don’t have parents are not expecting anything.”

Although, Gertner does not give the presents directly to the children for privacy reasons, she is satisfied with knowing that there is a child at the end of every present. She said she will continue to do it until she can’t anymore.

“I know in my heart that what I do is enough,” said Gertner. “When I go to bed I know that I have fulfilled my mission and done my job well.”





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Red Hat shares up on acquisition and 3Q results






Red Hat Inc.‘s shares jumped Friday on the software company‘s solid third-quarter results and plans to acquire cloud-based software company ManageIQ.


THE SPARK: Red Hat said late Thursday that it would buy privately held ManageIQ for $ 104 million in cash.






The Raleigh, N.C., company also reported that it earned 29 cents per share for its fiscal third quarter on an adjusted basis, up a penny from the prior year and in line with analyst expectations. Its revenue for the period increased 18 percent to $ 343.6 million, which beats the $ 338 million that analysts polled by FactSet had forecast.


THE BIG PICTURE: ManageIQ’s software helps businesses deploy and manage private clouds. Red Hat said the deal will expand the reach of its public-private cloud setups for its customers. The acquisition is expected to have no material impact to Red Hat’s revenue for its fiscal year ending in February.


THE ANALYSIS: Stifel Nicolaus analyst Brad R. Reback said that the company has been able to maintain momentum even in a difficult environment and he thinks the latest deal offers an interesting longer-term angle for its business. He thinks the company is well positioned to generate at least 15 to 20 percent billings growth in the future. He reiterated a “Buy” rating and a $ 65 price target on its shares.


SHARE ACTION: Shares gained $ 2.25, or more than 4 percent, to $ 54.86 in afternoon trading. Shares have traded between $ 39.19 and $ 62.75 in the past 52 weeks.


Linux/Open Source News Headlines – Yahoo! News





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Suspect in ’05 hit-run nabbed in Spain








A hit-and-run suspect who allegedly fled the country after killing a 15-year-old Queens boy more than seven years ago is back in New York after being arrested in Spain, cops said.

Paula Bartolo, 56, was picked up by Spanish authorities on Monday and returned to New York last night to face manslaughter charges in the gruesome death of Jeffrey Javier, a developmentally disabled teen from Ozone Park, back in 2005.

Javier was crossing the intersection at Rockaway Blvd. and 101st Street on Oct. 26, 2005 while on his way to school when Bartolo allegedly became upset with how slowly the boy was walking, gunned his gas and ran him over with his Chevy Corsica, according to witnesses who were at the scene.





PAULA BARTOLO In 2005 mug shot.


PAULA BARTOLO In 2005 mug shot.





Bartolo allegedly didn’t stop there.

He then put his car in reverse and ran the teen over a second time before fleeing the scene, sources said.

Javier died a few days later after his parents decided to take him off life support. The teen was just shy of his 16th birthday.

Bartolo is believed to have initially fled to his native Guatemala after the crime, as police had suspected. But the seven year search came to a close after police discovered Bartolo’s travel itinerary included several trips back and forth to Spain, where he was collared.










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Investors shuffling assets ahead of fiscal cliff




















Some citizens aren’t waiting to find out if the White House and Republicans in Congress will be able to reach a last-minute deal to pull the country away from the “fiscal cliff.”

They are selling securities while capital gains tax rates are still low or transferring millions into trusts for the benefit of children and grandchildren before estate tax laws become more stringent. Others are getting out of the markets and parking money in less risky accounts.

Miami financial planner Cathy Pareta has been counseling her upper middle class clients — “the Johnsons, not the Rockefellers” — on whether to adjust investment portfolios, accelerate income or realize capital gains sooner than planned.





“Some people are going to get hit hard,” said John Bacci, a financial planner in Linthicum, Md., who has gone down his client list and run projections on what higher taxes would look like for them. He’s looking at tax-friendly alternatives for some clients, such as annuities or rental property.

At year’s end, the country will leap off the “fiscal cliff” unless politicians reach a compromise on mandated spending cuts and the expiration of the Bush-era tax cuts.

For most investors, the expiring cuts will mean that the tax rate for long-term capital gains will rise from 15 percent to 20 percent. Dividends also will no longer be taxed at 15 percent but treated as ordinary income, which could mean a tax rate as high as 39.6 percent. And individuals with multimillion-dollar estates will find much more of their money subject to the federal estate tax.

Estate planning lawyers say the demand is so intense that they are putting in grueling hours to set up trusts.

“It’s very stressful. We are working day and night,” said Diana Zeydel, an estate planning lawyer with Greenberg Traurig in Miami. “Were doing three times what we normally do for end-of-the-year planning.”

Zeydel said many of her clients waited until after the elections in November to gauge how the political tide would affect their future finances. This gave them little more than a month to make major decisions about their wealth.

Most observing the political jousting in Washington expect taxes will go up even if the political leaders reach a deal — they’re just not sure how much. Many aren’t taking any chances.

Jim Ludwick, a financial planner in Odenton, Md., said one client in his late 50s cashed out stock and bond funds totaling $1.7 million not long after the election and stashed the proceeds in a money market fund.

The client, anticipating a market plunge due to the “fiscal cliff” and other issues, said he spent his entire working life building up a nest egg and wouldn’t have time to wait for his portfolio to recover, according to Ludwick. The client fears it won’t be safe to re-enter the stock market for another year.

“We have a number of clients who are taking capital gains this year, expecting that if they wait until next year, they will have to pay higher taxes on those same gains,” said Daniel McHugh, president of Lombard Securities in Baltimore. Some of those clients are realizing six-figure gains but are still willing to take the tax hit now, he said.

Of course, the downside is that the stock market could take off, and these investors will miss out on even higher gains, McHugh said. But, he added: “Given the state the economy is in, that’s a very small risk.”





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Bay of Pigs invasion veterans mark 50 years since 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 hugging and crying. After leaving the auditorium, I remember being so hungry I went to a Royal Castle and my girlfriend bought me, I think, 18 small cheeseburgers.”

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.





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Insiders steal a march in leak prone Asian markets






SINGAPORE (Reuters) – When South Korean automaker Hyundai Motor Co announced last month it had overstated the fuel efficiency levels on around one million of its cars in the United States and Canada some investors were left fuming more than others.


Some had already sold their shares before the announcement on November 2. The stock fell 4 percent on November 1 with about 2.2 million shares changing hands, the highest trading volume of the year at that point.






“This smells pretty bad,” said Robert Boxwell, director of consulting firm Opera Advisors in Kuala Lumpur who has studied insider dealing patterns.


“It would have fallen into our suspect trading category,” he added.


Boxwell spots suspect trading by looking at how much the volume diverges from the average level in the days before a market moving announcement. In the Hyundai instance, the volume was more than five standard deviations, a measure of variation, away from the daily average of 598,741 shares over the past year.


A Hyundai spokeswoman declined to comment.


Research from the Capital Markets Co-operative Research Centre (CMCRC), an academic centre in Sydney that studies financial market efficiency, found that 26 percent of price-sensitive announcements in Asia Pacific markets showed signs of leakage in the first quarter of this year, the most recent period for which data was available.


That compared with 13 percent in North American markets.


The CMCRC says it looks for suspected information leaks by examining abnormal price moves and trading volumes ahead of price-sensitive announcements.


Investors say one reason for leaks in Asia has been low enforcement rates for insider trading and breaches of disclosure rules. Enforcement in some markets is virtually non-existent.


There are also misconceptions about whether trading on non-public information is a crime.


“The idea that insider trading is wrong rather than smart is only being ingrained in the current generation of Asian players, not the older generation who are often still in the driving seat,” said Peter Douglas, founder of GFIA, a hedge fund consultancy in Singapore.


LOSS OF CONFIDENCE


Japan’s largest investment bank Nomura Holdings was embarrassed this year after regulatory investigations found it leaked information to clients ahead of three public share offerings.


Nomura has acknowledged that its employees leaked information on three share issues it underwrote in 2010. In June, it published the results of an internal investigation that found breaches of basic investment banking safeguards against leaking confidential information and announced a raft of measures to prevent recurrence.


The bank was also fined 200 million yen ($ 2.37 million) by the Tokyo Stock Exchange and 300 million yen by the Japan Securities Dealers Association.


Such leaks hurt companies’ share prices in the long run because investors put in less money if they feel they are not on a level playing field.


“It is very damaging. You may not know how much money you’ve lost but if there is not confidence that the regulators are prosecuting and enforcing the rules on this then it undermines investor confidence and liquidity,” said Jamie Allen, secretary general of the Asian Corporate Governance Association.


The issue isn’t being ignored. Many Asian markets such as Hong Kong and China have tightened their rules on insider trading over the past decade.


Indeed some investors feel that while leaks and insider dealing are unfair, regulators in the region have more serious issues they should be tackling.


“I would like to see the regulators spend more resources on investigating and prosecuting fraud against listed companies, which severely damages shareholder value,” said David Webb, a corporate governance activist in Hong Kong, arguing insider dealing as less of an impact on a company’s long-term share price.


HTC AND APPLE


A week after Hyundai’s announcement about its problems in the United States, there was an unexpected move on the Taiwan Stock Exchange.


Shares in smartphone maker HTC Corp jumped almost seven percent on Friday, November 9, hitting the daily upper trading limit. On Sunday came the surprise announcement that the company was ending its long-running patent dispute with Apple Inc , a move seen as a positive for the stock.


The Taiwan bourse announced it was investigating the trading patterns to see if there was a possible leak.


When asked for comment, HTC referred back to a November 13 statement in which the company said it had kept the Apple settlement process confidential and has strict controls on insider trading.


Michael Lin, a spokesman for the Taiwan Exchange, told Reuters on Friday that the bourse is still working with the regulator on the case.


‘ENORMOUS LOSSES’


Michael Aitken, who oversees research at the CMCRC, said many other Asian markets lack tough enough rules to force information to be released as efficiently and timely as possible, a primary reason for the prevalence of leaks.


“Poor regulation hampers enforcement efforts,” he said pointing out that few markets have the “continuous disclosure” rules used in Australia which require listed companies to release material information as soon as possible.


In Korea, when Hyundai shares started to fall, rumours began swirling that news about a problem with some of its cars was on its way, but investors say it took the company too long to disclose what exactly was happening.


“Hyundai at that time did not confirm the rumours. We suffered enormous losses because of this,” said one fund manager, who declined to be named because he was not authorised to speak to the media.


An official from Korea Exchange declined to comment on whether it was investigating this case, saying only that the exchange looks carefully into possible cases of insider trading.


Across Asia, regulators concede that many company executives and insiders still do not appreciate that leaking or trading on material, non-public information is an offence.


“People don’t even know they are engaging in insider trading, for example if their friends are talking about it on the golf course,” said Tong Daochi director-general for international affairs at the China Securities Regulatory Commission, during a regulation conference last month.


“We try to tell society, what are the criminal issues, what are the insider trading issues? For example we have held 27 press conferences to tell the public what kind of activities are involved in insider trading and to let people know that this is an active crime.” ($ 1 = 84.2600 Japanese yen) ($ 1 = 0.6147 British pounds)


(Reporting by Rachel Armstrong; additional reporting by Nishant Kumar in HONG KONG and Hyunjoo Jin in SEOUL; Editing by Emily Kaiser)


Wireless News Headlines – Yahoo! News





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Jennifer Lawrence Fashion Time Warp

"It" girl Jennifer Lawrence is getting a lot of attention this year, and with good reason! 

The recent Golden Globe nominee has proven herself worthy of the big-screen hype thanks to the box office success of The Hunger Games and Silver Linings Playbook. On top of that, the beauteous bombshell has become a fashion-forward phenomenon.

Related: Five Things You Don't Know About Jennifer Lawrence

Join us as we look back at Jennifer's best and worst looks of red carpet past.

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NYers flock to 'end of the world'-themed bashes to celebrate 'Mayan apocalypse'








It's either a real “last call” — or just another excuse to get blotto.

New Yorkers flocked to “end of the world”-themed parties at local bars tonight to celebrate their potential final hours on Earth as the Mayan calendar predicted doomsday this morning.

The appointed time of world destruction is set for 6:11 a.m. New York time, and Big Apple residents are partying right up to the end.

Apocalyptic bashes in all five boroughs — featuring DJ-centric dance parties, ironic drink specials and invite-only mixers — inspired revelers to party like there’s no tomorrow.




“People are just going nuts. They’re partying like the world’s ending,” said Carly Grant, 22, as the bashes went into the wee hours this morning.

Grant said she was on her way to a house party on the Upper East Side when she decided to shed all inhibitions.

“I want to go wearing nothing — to go out the way I came in,” she said.

Others partygoers hit bars featuring DJs spinning doomsday hits.

Ron Jamison, 27, planned to blow a wad of cash on his last earthly meal: pitchers of beer and lots of hot dogs.

“Might as well spend all my money . . . if the world’s ending . . . There’s no point in saving,” he said.

Other New Yorkers — even those who are not normally night owls — got into the doomsday drinking spirit, saying it was a great excuse to let loose.

“You gotta do what you like,” said Thao Nguien, a teacher from Hell’s Kitchen who was all set to be “drunk and cavorting.”

The boozy, end-of-days bashes included a rooftop party at the posh Midtown club Hudson Terrace and one at the hipster bar Nights and Weekends in Greenpoint, Brooklyn.

Erika London, a spokeswoman for Hudson Terrace, said staffers prepared drink specials — such as “The Black Hole” and “The Glacial Melt” — after setting up the space for a night “without inhibitions.”

“If the world [did], in fact, come to an end . . . you’[d] be hung over enough not to mind” after the bar’s party, London said.

More optimistic were the ones who planned on celebrating the world’s survival at parties tonight — including an RSVP-only event at the Bowery Hotel and an “End of the Funking World Party” at B.B. King Blues Club.

Beaumarchais, a French cafe in the Meatpacking District, will host an extravagant dinner party, complete with Mayan decor.

Some New Yorkers refused to celebrate — saying they simply had too much to live for — on the good chance that the world wasn’t ending.

“I’m going to see the Dave Matthews Band at the Barclays Center [today],” said a hopeful Ford Paige, 27, of Washington Heights.

Another life-lover, Amanda Muscarello, 23, of Orange County, said she didn’t plan on dying anytime soon, much less before her 24th birthday this weekend.

“My birthday is Sunday — the Mayans can’t do this to me!” she said.










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The Cuban government Thursday denounced what it called the “unjust and illegal” multi-million dollar fines the U.S. government slapped on two foreign banks for violating Washington’s sanctions on the island.

The U.S. actions show that its “ferocious persecution of financial and commercial transactions by Cuba and those with legitimate relations … has only changed but has hardened,” a Foreign Ministry official said in a statement.

The British-based HSBC bank agreed to pay $1.9 billion to the U.S. government last week to settle accusations that it laundered drug money through its Mexican and other branches, and violated U.S. economic sanctions on Cuba.





The next day Washington announced that Japan’s Tokyo-Mitsubishi UFJ bank had agreed to pay $8.6 million to settle what the Cuban statement called “a supposed violation of the unilateral sanctions of the United States against various countries, including Cuba.”

Under the trade embargo, banks cannot move Cuban funds through U.S. financial institutions or handle U.S. dollar deposits for Cuban entities or citizens. Cuba is subject to other sanctions as well because it is on the U.S. list of countries that support international terrorism.

The Foreign Ministry statement noted that the sanctions came one month after the U.N. General Assembly voted overwhelmingly for the 21st time to condemn the 50-year-old trade embargo against Cuba.

While the HSBC settlement was reported to be one of the largest ever, the U.S. Treasury Department has hit several other foreign banks in recent years for violating sanctions on Cuba and other countries, especially Iran.

The Netherlands’ ING bank agreed to a $619 million settlement earlier this year. Credit Suisse agreed to pay $539 million in 2009. And the Swiss UBS bank was hit with a $100 million settlement in 2004.





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Slip-N-Slide’s Ted Lucas teams up with Miami Heat’s James Jones for All-Star Holiday weekend




















Record executive Ted Lucas and Miami Heat star James Jones joined forces to bring holiday cheer to Miami Gardens kids — and motivate them to achieve academically — earlier this month

The All-Star Holiday weekend started with a toy distribution at North County K-8 Center on Dec.13

Lucas and Jones, who got good grades when growing up in Miami Gardens, got some help Santa Claus and Heat mascot Burnie to distribute bicycles, iPod Nanos and gift cards to those students who did well on their FCAT scores.





Later that evening, Miami Commissioner Michelle Spence-Jones and Miami Beach Commissioner Jonah Wolfson hosted a kick-off party at W Hotel Miami Beach. Lucas and Jones each received the key to the City of Miami Beach from Wolfson. Lucas is president of Slip-N-Slide Records, located on South Beach.

The weekend’s festivities also included a DREAM reception at Mercedes-Benz of Miami that highlighted talented local youth and honored teachers and included live performances by the Miami Norland High School drumline, DJ Elle and recording artist Sebastian Mikael.

The All-Star Holiday Weekend concluded with a special community fair at Buccaneer Park in Miami Gardens. Hundreds of residents from the surrounding area attended the free celebration for a day of games, activities, music, treats and giveaways.





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Brazilian company releases the ‘IPHONE’ after trademarking the name back in 2000









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Swiss sc‘alps’








Banking giant UBS is coughing up $1.5 billion in fines — and two of its fat-cat traders face prison — after a US and UK investigation of the bank found “routine and widespread” manipulation of a benchmark interest rate.

The scheme, the largest interest-rate rigging scandal ever, caused lopsided outcomes in more than $450 trillion in annual loans made around the world for everything from credit cards and mortgages to college loans and business deals, federal prosecutors said yesterday.

The criminal complaint against the Swiss bank and the arrest of two former UBS traders show authorities have amped up their financial-sector probes.




The crackdown on rampant corruption in banking’s back offices came in a landmark joint probe by authorities in at least five nations, which charge UBS is a major culprit in notorious manipulations of the key Libor rate.

Banks set the rate each day amongst themselves, using a panel of their own representatives and assumptions of short-term lending demand.

The surprising scope of the alleged schemes opens the floodgates for worldwide litigation from financial institutions — which unknowingly lost millions on the wrong side of rigged lending.

Prosecutors said that more than 45 traders and brokers at the bank, along with scores of outside currency middlemen, conspired almost daily, with bribes of typically $20,000 trading hands to influence Libor rates.

Each illicit pact set up among the traders and brokers was aimed at profiting on their positions from tiny moves in the rate.

Even a brief 1/100th of a percent move in the Libor translated to profits of about $459,000 for one of the UBS traders accused in the crackdown.

That cheated counter-parties, the complaint said.

“UBS manipulated one of the cornerstone interest rates in our global financial system,” said Assistant Attorney General Lanny A. Breuer.

“The scheme alleged is epic in scale, involving people who have walked the halls of some of the most powerful banks in the world,” he said.

Yesterday’s actions included the first criminal charges made in the probes, leveled against Tom Alexander Hayes, 33, and Roger Darin, 41.

London police picked up Hayes; Darin is still at large.

The US Justice Department filed to extradite the pair to face trial here.

Numerous outside brokers were also involved, said enforcement chief David Meister of the Commodity Futures Trading Commission.

“These brokers are supposed to be honest middlemen," he said. “The brokers here were anything but honest.”

The government complaint quoted one broker telling a UBS trader regarding an illicit pact’s profits: “‘Mate, you’re getting bloody good at this Libor game. Think of me when yur on yur yacht in monaco wont yu.’ "

Prosecutors said more people were to be named in the ongoing probe.

As many as 40 employees of UBS have left the bank over the case, prosecutors said.

In exchange for a deferred prosecution of the company, UBS agreed to plead guilty to civil violations at the unit in Japan, leaving the parent to pick up the hefty tabs and suffer the black eye.

tharp@nypost.com










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Accelerator planned for healthcare-tech start-ups




















A new start-up accelerator focused on the intersection of healthcare and technology is coming to Miami next year.

Project Lift Miami, designed to help develop young companies and prepare them for investment opportunities, is a partnership between Lift1428, an innovation design, strategy and communications firm; the Miami Innovation Center at the University of Miami Life Science & Technology Park and its developer, Wexford Science + Technology; and the UM Miller School of Medicine, said Robert Chavez, the project’s executive director. “We’re being proactive and trying to support innovative ideas and companies. … We’d like to keep them here and really help to transform the area into a healthcare innovation hub.”

The accelerator will offer entrepreneurial teams a structured 100-day program of classes, workshops and training directed by national and local healthcare experts as well as mentoring and strategic support that will continue well beyond the program, said David McDonald, CEO of Lift1428 and co-founder of Project Lift Miami.





“This meets a critical unmet need in innovation,” said Norma Kenyon, chief innovation officer at UM’s Miller School, explaining that novel ideas often don’t find appropriate mentors and funding until they are pretty far along. “Where do you go if you have a great idea that really could be transformative? This provides much-needed support for these very early-stage technologies.”

Ten to 15 start-ups will be selected for the first class, which will start in May. Each will be offered seed funding — probably $20,000 to $30,000 in cash and services in exchange for a small equity stake — and will get free office space at the research park, Chavez said. The program will run through August, closing with a Demo Day, when entrepreneurs present their businesses to potential investors.

“There’s so much regulation and there are privacy issues and other barriers to entry that are different in the healthcare industry. Having the access to the environment we have here to test your idea and prove your concept is a great advance,” said Chavez, who is also executive director of business intelligence at UM’s Miller School. “That kind of mentoring you won’t get at a general accelerator.”

If Miami’s program goes well, future Project Lift programs could be rolled out at other Wexford science and technology parks across the country, said Bill Hunter, Wexford’s regional director of leasing. “Project Lift is directly aligned with our mission to cultivate innovation in our community. You need investment in those early-stage opportunities.”

Entrepreneurs interested in applying for the inaugural 2013 class can contact Chavez at rchavez@lift1428.com or 305-345-8670, or stop by the Miami Innovation Center at the UM Life Science & Technology Park, 1951 NW Seventh Ave., Suite 300. There is also more information at www.lift1428.com/projectlift.





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Judge admonishes defendant in Rilya Wilson murder trial




















A Miami-Dade judge admonished the woman accused of killing foster child Rilya Wilson after two brief courtroom outbursts Tuesday.

At the time, Geralyn Graham’s ex-lover, Pamela Graham, was on the stand testifying under cross-examination about why she was cooperating with authorities. The two are not related.

In front of the jury, Geralyn Graham yelled at Pamela Graham to stop lying. A few minutes later, Geralyn Graham again blurted out at the witness that the last time she saw Rilya, she “was in your arms.”





Geralyn Graham, 66, is on trial on charges of murdering the foster child whose disappearance a decade ago roiled the state’s child-welfare agency and led to a series of reforms. Rilya’s body was never found.

Pamela Graham, who was Rilya’s legal guardian, has testified over two days that Geralyn Graham abused Rilya, tying her to a bed and keeping her isolated in a laundry room. She has also cast Geralyn Graham as a dominating, manipulative woman who forced her to lie that a child welfare worker took the child.

During cross-examination by defense attorney Scott Sakin, Pamela Graham admitted the early story she gave to police investigators “was all lies.”





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Instagram tests new limits in user privacy






SAN FRANCISCO (Reuters) – Instagram, which spurred suspicions this week that it would sell user photos after revising its terms of service, has sparked renewed debate about how much control over personal data users must give up to live and participate in a world steeped in social media.


In forcefully establishing a new set of usage terms, Instagram, the massively popular photo-sharing service owned by Facebook Inc, has claimed some rights that have been practically unheard of among its prominent social media peers, legal experts and consumer advocates say.






Users who decline to accept Instagram’s new privacy policy have one month to delete their accounts, or they will be bound by the new terms. Another clause appears to waive the rights of minors on the service. And in the wake of a class-action settlement involving Facebook and privacy issues, Instagram has added terms to shield itself from similar litigation.


All told, the revised terms reflect a new, draconian grip over user rights, experts say.


“This is all uncharted territory,” said Jay Edelson, a partner at the Chicago law firm Edelson McGuire. “If Instagram is to encourage as many lawsuits as possible and as much backlash as possible then they succeeded.”


Instagram’s new policies, which go into effect January 16, lay the groundwork for the company to begin generating advertising revenue by giving marketers the right to display profile pictures and other personal information such as who users follow in advertisements.


The new terms, which allow an advertiser to pay Instagram “to display your username, likeness, photos (along with any associated metadata)” without compensation, triggered an outburst of complaints on the Web on Tuesday from users upset that Instagram would make money from their uploaded content.


The uproar prompted a lengthy blog post from the company to “clarify” the changes, with CEO Kevin Systrom saying the company had no current plans to incorporate photos taken by users into ads.


Instagram declined comment beyond its blog post, which failed to appease critics including National Geographic, which suspended new posts to Instagram. “We are very concerned with the direction of the proposed new terms of service and if they remain as presented we may close our account,” said National Geographic, an early Instagram adopter.


PUSHING BOUNDARIES


Consumer advocates said Facebook was using Instagram’s aggressive new terms to push the boundaries of how social media sites can make money while its own hands were tied by recent agreements with regulators and class action plaintiffs.


Under the terms of a 2011 settlement with the Federal Trade Commission, Facebook is required to get user consent before personal information is shared beyond their privacy settings. A preliminary class action lawsuit settlement with Facebook allows users to opt-out of being included in the “sponsored stories” ads that use their personal information.


Under Instagram’s new terms, users who want to opt-out must simply quit using the service.


“Instagram has given people a pretty stark choice: Take it or leave, and if you leave it you’ve got to leave the service,” said Kurt Opsahl, a senior staff attorney with the Electronic Frontier Foundation, a Internet user right’s group.


What’s more, he said, if a user initially agrees to the new terms but then has a change of mind, their information could still be used for commercial purposes.


In a post on its official blog on Tuesday, Instagram did not address another controversial provision that states that if a child under the age of 18 uses the service, then it is implied that his or her parent has tacitly agreed to Instagram’s terms.


“The notion is that minors can’t be bound to a contract. And that also means they can’t be bound to a provision that says they agree to waive the rights,” said the EFF’s Opsahl.


BLOCKING CLASS ACTION SUITS


While Facebook continues to be bogged in its own class action suit, Instagram took preventive steps to avoid a similar legal morass.


Its new terms of service require users with a legal complaint to enter arbitration, rather than take the company to court. It prohibits users from joining a class action lawsuit unless they mail a written “opt-out” statement to Facebook’s headquarters in Menlo Park within 30 days of joining Instagram.


That provision is not included in terms of service for other leading social media companies like Twitter, Google, YouTube or even Facebook itself, and it immunizes Instagram from many forms of legal liability, said Michael Rustad, a professor at Suffolk University Law School.


Rustad, who has studied the terms of services for 157 social media services, said just 10 contained provisions prohibiting class action lawsuits.


The clause effectively cripples users who want to legally challenge the company because lawyers will not likely represent an individual plaintiff, Rustad argued.


“No lawyers will take these cases,” Rustad said. “In consumer arbitration cases, everything is stacked against the consumer. It’s a pretense, it’s a legal fiction, that there are remedies.”


Instagram, which has 100 million users, allows consumers to tweak the photos they take on their smartphones and share the images with friends. Facebook acquired Instagram in September for $ 715 million.


Instagram’s take-it-or-leave-it policy pushes the envelope for how social networking companies treat user privacy issues, said Marc Rotenberg, the executive director of the Electronic Privacy Information Center.


“I think Facebook is probably using Instagram to see how far it can press this advertising model,” said Rotenberg. “If they can keep a lot of users, then all those users have agreed to have their images as part of advertising.”


(Additional reporting by Dan Levine; Editing by Jeremy Laurence)


Internet News Headlines – Yahoo! News





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Angelina Jolie to Direct Unbroken Film

Angelina Jolie is in final negotiations to direct her second film, Unbroken, based on the story of Louis Zamperini, an Olympian-turned-World War II prisoner of war, according to Deadline.

Video: Angelina Jolie Talks Kids, 'Blood and Honey'

"I was so moved by Louie Zamperini's heroic story, I immediately began to fight for the opportunity to make this film," said The Oscar-winning actress in a statement. "Louie is a true hero and a man of immense humanity, faith and courage. I am deeply honored to have the chance to tell his inspiring story."

Adapted from Seabiscuit author Laura Hillenbrand's Unbroken: A World War II Story of Survival, Resilience and Redemption, the feature film will tell the real-life tale of American Olympic distance runner Louis Zamperini, who was captured and imprisoned by the Japanese Navy during World War II.

Unbroken will be the second film directed by Jolie. The 37-year-old made her debut in 2011's In The Land Of Blood And Honey.

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Setting the ‘Barnett’ high









headshot

Lois Weiss






Gary Barnett is busy shedding unwanted assets and amassing capital as he concentrates on skyscrapers such as the 1,550-foot Nordstrom tower on West 57th Street that will be the tallest US residential building.

Yesterday, Extell founder Barnett and partner the Carlyle Group sold the Building 2 site at the Riverside Center development to the Dermot Cos. and AFL-CIO Building Investment Trust.

The $420 million development, which calls for residential rentals, retail space and a grade school, has a $275 million state Housing Finance Agency bond mortgage with credit enhancements through Bank of America and Capital One.




Documents show the site sold for $70 million, but the equivalent land cost would be closer to $100 million as the developers have the added costs of building a school.

After the building’s construction company, Tishman Construction, finishes the core and shell, the 112,440-square-foot school condominium will be turned over to the School Construction Authority, which will complete the interior.

As we first told you in September 2011, the complicated site was marketed by Andrew Scandalios of HFF, who is also marketing the neighboring site 5 for another residential building.

When developed, the 640,000-square-foot Building 2 at the southwest corner of West 61st Street will be known as 21 West End Ave.

“We think we paid a fair price and the overall costs make this an excellent opportunity for us,” said Dermot COO Stephen Benjamin, who declined to discuss pricing.

Of the 616 apartments, 127 will be set aside under the 80/20 program for lower-income housing.

The community was unhappy that Dermot swapped the master plan starchitect, Christian de Portzamparc, for SLCE Architects, which has reacted to the criticism with a more interesting scheme.

“It’s still a work in progress,” Benjamin said. The new rendering enlivens all the façades, especially those of the kindergarten to 8th grade school, and makes other tweaks.

The main building’s interiors are being designed by ICRAVE, which is also coming up with amenities, including a wine bar, playroom, hobby room, swimming pool, lighted waterfall and dog salon.

“It will be a really fun, cutting-edge amenity program as they come from a hospitality, restaurant and club background,” said Benjamin. “It will be more like a hotel but fun residences.”

The building will also have 23,725 square feet of street retail space on all four sides for between five and seven retailers.

This week, Barnett is also closing the sale of the Westbourne apartment complex on West 137th Street to Bonjour Equities for $66 million.

The five multifamily buildings have 182 apartments with addresses from 601 to 611 W. 137th St. A Duane Reade store inhabits the retail along 99 feet of Broadway frontage.

Investment sales broker Georgia J. Malone of Georgia Malone & Co. represented Extell and was the sole broker.

In October, Extell sold the leasehold on 175 Varick St. for $32.75 million to WeWork and AEW Capital Management. That deal was marketed by Jones Lang LaSalle’s “Fearless Foursome” team of Richard Baxter, Ron Cohen, Scott Latham and Jon Caplan.

Yet another brokerage, Massey Knakal, is now marketing a garage for Barnett that can be redeveloped to 270,000 square feet and could sell for around $85 million. This site runs mid-block from West 24th to West 25th streets between Sixth and Seventh avenues.

“There are several people looking at it,” Robert Knakal said.

For Barnett, Knakal is also marketing 736 Broadway, a small IMD residential and retail building near Astor Place that will likely sell for around $10 million.

Knakal said his company has 59 buildings and is closing this month with 27 sold just by him.

“This is the best month in my career,” he said, adding that he’d already put off his vacation to next year to oversee the closings.

Meanwhile, Barnett and Carlyle’s effort to appeal an order from the New York State Attorney General to refund $16 million in deposits to 40 condo buyers at the Rushmore was cast another blow on Dec. 11, when the state’s Appellate Division rejected the developers’ argument that the early closing date in the condo documents was a scrivener’s error.

Barnett is also having cash flow issues at the 215-unit apartment building the Belnord, where a $50 million reserve fund that was tapped to meet a $20 million-plus yearly shortfall was exhausted. The $375 million loan is delinquent, according to Fitch Ratings and Morningstar Credit.

Barnett has said they are in discussions with the servicer and “hope to resolve this amicably.”

Barnett is also suing at least one tenant for several hundred thousand dollars in back rent, court records show. Barnett did not return a request for comment.

Lois@BetweentheBricks.com










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iOS apps you need right now




















If you’ve just gotten an iPhone 5 or an iPad Mini, you’re going to want to play with it. And if you’re looking for apps to try out on your new iOS device, these old and new favorites are perfect — not to mention cheap or free.

PHOTOTOASTER

Rating: 4.5 stars out of 5 (Outstanding)





The good: PhotoToaster is one of the best ways to add effects to your images, and features an excellent interface layout for giving your images a really cool look.

The bad: Like many apps, PhotoToaster has begun to add in-app purchases, but there are several included filters that do the job nicely.

The cost: 99 cents

The bottom line: There are tons of image editors in the App Store, but PhotoToaster is easy to recommend, with its slick and simple interface, helpful menus to get you started and extremely impressive results.

ANGRY BIRDS STAR WARS HD

Rating: 4.5 stars out of 5 (Outstanding)

The good: Angry Birds Star Wars does just enough with new worlds and new Star Wars-themed birds to add variation to an already great game mechanic.

The bad: The app is not universal to both phones and tablets, so you’ll need to purchase it twice if you want to use the game on both.

The cost: $2.99

The bottom line: With new birds, new powers andnew levels to explore set in the Star Wars universe, this is a worthy purchase, even if you’ve played the previous games.

NETFLIX for iOS

Rating: 4.5 stars out of 5 (Outstanding)

The good: Great-looking streaming shows and new interface elements make browsing through scenes easier.

The bad: The streaming library is only a fraction of the larger DVD library. You still can’t add to or change your DVD queue via the app.

The cost: Free

The bottom line: If you don’t mind the limited streaming library, the Netflix app is a great way to watch movies, and the new interface elements make it easier to use.

FIFA SOCCER 13

4.5 stars out of 5 (Outstanding)

The good: Not only the best soccer game, but the best sports game on an iOS device. New skill moves are easier to pull off, making them integral to the game. Precise controls and fast-paced action make for excellent gameplay.

The bad: Skill levels still feel too far apart. Poor camera selections make playing on an iPhone difficult, with very small players forcing you to bring your iPhone much closer than you’d like.

The cost: $6.99

The bottom line: If you want a great soccer game for iOS, FIFA 13 hits the mark on almost every level. With tons of teams, new skill moves, and online multiplayer, this is the sports game to beat on iOS.





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Miami-Dade court program helps young inmates change their lives




















It was a graduation without pomp and circumstance.

There was marching in combat boots. No gowns.

The remarks by Miami-Dade Circuit Judge Beth Bloom were full of the hallmarks common at any graduation. She spoke of goals and achievement and of the opportunity.





But were it not for the “I’m Ready” program, many of Monday’s graduates would not be anticipating their release from jail in a few short weeks.

The 13 young men in “I’m Ready’s’’ inaugural class had already been convicted of some crime and sentenced to boot camp. But each had some medical or psychological problem that made him ineligible.

Take, for example 20-year-old Franklin Robinson. After being sentenced to boot camp after he violated his probation, Robinson underwent several tests, including an EKG that showed there was difficulty pumping blood to his heart. That prevented him from being admitted to boot camp and could have meant him ending up back in jail with the general population.

Instead, he ended up at the six-month “I’m Ready’’ program, which offers youths ages 14-24 education and services. They undergo behavior modification, life skills, job training, counseling and treatment.

The day begins at 5 a.m. A routine of schooling and vocational training in automotive technology or carpentry carries them through until about 8 p.m.

“I’m Ready” participants are housed in a separate unit to accommodate program activities rather than with the general jail population. They are referred to as “students,’’ not “inmates.’’

“There is a reason why boot camp is able to reduce recidivism,” Bloom said. “It sets the tone that they are there to learn.”

It’s not so different from boot camp, said Officer Cathy Harpp, who oversees the program.

“You can’t do pushups, but you can clean the floor and the toilet bowl with a toothbrush,” Harpp said.

The hardest part was getting them to be receptive to change and adapt to the new rules, Harpp said.

“Once they knew I was not going to let up, eventually, they cave in,” she said. “Here, they’re accountable for everything.”

The idea for the program came to Bloom after she oversaw the case of an insulin dependent diabetic with a 10th-grade education.

After he was deemed unfit for boot camp because of his health condition, Bloom wanted to know what would happen to him.

Young offenders like him would have been incarcerated with the general population of inmates, where there would be no access to training and no structure.

“I’ve seen far too many youth return to the criminal justice system,” Bloom said Monday at the program’s first graduation ceremony. “All of you have met your goal. The community needs you to be the different persons that you are.”

The group of 13 will be released Dec. 28. Twenty-two new students will replace them in January.

Before the new graduates students left the room in a final marching formation, Harpp offered one lasting piece of advice: “This is where the difference begins.”





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How to turn an old Kindle Fire into a Nexus 7 with Android 4.2.1 Jelly Bean [video]









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YouTube Announces Top 10 Videos of 2012

YouTube has just released their top 10 videos of 2012 along with one dazzling video bound to become a viral sensation in its own right.

Watch the clip to see the Rewind YouTube Style video featuring the website's biggest stars acting out a parody of Gangnam Style and Call Me Maybe. The video was shot at the new YouTube Space in Los Angeles, a place for YouTube creators to come learn, collaborate, and create great content to put up on their YouTube channels.

Check out the list of 2012's greatest YouTube moments below:

1) PSY - Gangnam Style: The Korean pop music video that surprised the world is set to hit 1 billion views and has become the most viewed video of all time in just six months.

2) Walk off the Earth: This is the most-viewed cover song of 2012, attracting 140 million views this year.

3) KONY 2012: This video contained a call to action and collected 31 million views in a single day -- the most views ever for a YouTube video.

4) Call Me Maybe - Bieber, Gomez, Pena: This video, covering the song of the summer, kicked off a trend of lip sync videos that spanned from the Harvard baseball team and celebs to Olympians.

5) Epic Rap Battles - Obama vs. Romney: This episode featured well-known Obama impersonator Alphacat, and is one of the better known instances of the 2012 trend of Obama and Romney videos.

6) Dramatic Surprise: This video, featuring a mysterious sign in the middle of a Flemish square, brought in 25 million views in its first week.

7) Why You Asking All Them Questions: Comedian Emmanuel Hudson's popularity exploded this year partly from this video that garnered 39 million views -- almost half of which came from mobile devices.

8) Lindsey Stirling: Lindsey's trademark dubstep violin styles created a lot of buzz this year -- especially in the U.S., Germany and Poland. This video, which was shot by Lindsey's fellow YouTube creator Devin Graham, has over 500,000 likes and 100,000 comments.

9) Facebook Parenting: This video taught us not to mess with Dad. Bringing in 11 million views in one day, this video was the catalyst for an international discussion about parenting and Facebook.

10) Stratos Highlights: This live stream of Felix Baumgartner's free-fall from 128,000 feet shattered previous live stream records with 8 million concurrent views.

Visit youtube.com/rewind for more.

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Killer’s data destruction: Adam Lanza smashed hard drive before massacre








Before he set off on his heinous rampage, Connecticut school shooter Adam Lanza tried to cover his deadly tracks by smashing the hard drive of at least one of his cherished computers, according to investigators.

The shattered drive was recovered during a search of the home of Nancy Lanza, the killer’s doting mom — and his first victim.

Forensics experts were trying yesterday to piece the broken hard drive together, hoping it will help reveal clues about the horrific Sandy Hook Elementary School slaughter, which left 20 little kids and six educators dead.




It is unclear whether information could be retrieved from the battered drive.

Police have declined specific comment on any evidence gathered at the school or Nancy Lanza’s home and said they were not yet ready to discuss a possible motive.

Adam’s father, Peter, a tax expert, and older brother, Ryan, 24, have spent hours answering questions for state and federal investigators but have been unable to shed any light on what sparked Adam’s deadly rage.

“In all that time, they got no real information that could help figure this out,” one source familiar with the interviews told The Post.

Nancy Lanza — who was shot in the head four times by her son before his schoolhouse massacre — gave no indication she thought he was about to snap, friends said.

Diagnosed with the autism-related Asperger’s syndrome and afflicted with a medical condition that kept him from feeling physical pain, Adam Lanza had lived with his mother since his parents’ amicable 2009 divorce.

The Lanzas’ divorce mediator, Paula Levy, yesterday said both parents were concerned about getting the best care and attention for their troubled son. Nancy Lanza got $289,800 a year in alimony and shared custody of Adam, court records show.

“The only two things I remember them saying is that she really didn’t like to leave him alone. And I know they went out of their way to accommodate him,” said Levy.

Adam Lanza, 20, spent much of his time at his mom’s home alone in one of two bedrooms he used, either reading or on his computers, friends said.

“He was always home at 11,” Nancy Lanza’s friend Ellen Adriani said. “Nancy said he was a night owl. He tended to stay up and read into the morning.

“It was unusual,” Adriani noted of the morning Lanza unleashed his evil fury, for Adam “to be up that early.”

When Adam was in high school, he was also given extra supervision by teachers and staff.

Former Newtown HS security head Richard Novia saidNancy Lanza met with counselors and administrators to find ways to keep him safe. Novia said Lanza w

as such an awkward misfit that he worried the boy would be bullied, but that he wasn’t a threat to others.

“He would have an episode, and she’d have to return or come to the high school and deal with it,” Novia said, noting that Adam Lanza would sometime completely withdraw from tasks.

“We were worried about him being the victim, or that he could hurt himself” Novia said.

Meanwhile, Adam’s former childhood babysitter, Ryan Kraft, recalled that Nancy Lanza was insistent that he watch her quiet, introverted son like a hawk.

“[She said] to keep an eye on him at all times,” Kraft told CBS. “To never turn my back, or even to go to the bathroom or anything like that.”

Additional reporting by Jennifer Bain, Josh Margolin and










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American Airlines adds new agreements, flights in South America




















In a nod to the importance of Latin America for its business, American Airlines on Monday announced new codeshare agreements with airlines in the region as well as new routes.

American has agreed to codeshare with TAM Airlines, based in Sao Paulo, and LAN Colombia, both part of LATAM Airlines Group.

The airline also said that it will add new routes in late 2013 between Miami and two destinations in Brazil: Curitiba and Porto Alegre. American also plans to add service between Dallas/Fort Worth and Bogota late next year.








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Sperm whale dies off Pompano Beach coast




















The carcass of a 40-foot sperm whale that apparently died as it neared the shore off of Pompano Beach on Sunday afternoon later drifted back out to sea, ending a drama that had drawn the attention of beachgoers and scientists alike.

The whale was spotted about noon offshore near the 600 block of North Ocean Boulevard, according to the Broward Sheriff’s Office.

Read the full story at Sun-Sentinel.com.








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iPad shipments could reach 100 million in 2013






Apple (AAPL) sold 42.8 million iPad tablets into channels through the first three quarters of 2012 and the most recent estimates suggest the company could ship 26 million more iPads during the holiday quarter. If Apple does manage to hit that record, total iPad shipments on the year would reach 68.8 million units. As impressive as that would be, however, DisplaySearch analyst David Hsieh thinks 2013 iPad sales could climb as high as 100 million units as iPad mini demand explodes.


[More from BGR: Has the iPhone peaked? Apple’s iPhone 4S seen outselling iPhone 5]






In 2012, Hsieh estimates that 9.7-inch iPad panel shipments — that is, shipments of iPad displays from suppliers to Apple’s manufacturing partners —  will have totaled 70 million units, including 23 million iPad 2 displays and 47 million third- and fourth-generation iPad panels. He also believes Apple’s suppliers will ship 13.6 million iPad mini displays by the end of the year.


[More from BGR: Sony’s PlayStation 4 could lose to the next Xbox before it’s even released]


Next year, however, the analyst sees Apple hitting a major milestone.


“In 2013, it is likely that Apple will adjust its product portfolio to meet the strong demand for the iPad mini,” Hsieh wrote in a post on DisplaySearch’s blog. ”We believe that Apple is targeting total iPad shipments of 100 million in 2013, half accounted for by the iPad mini, and 40 million new iPad and 10 million iPad 2, as production continues at least until the middle of 2013.”


DisplaySearch estimates that more than 170 million tablets will ship in 2013 and Apple’s iPad will account for 60% of the market.


This article was originally published by BGR


Gadgets News Headlines – Yahoo! News





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O: ‘these tragedies must end’








President Obama last night told the stricken residents of Newtown, Conn., who lost 20 children and six educators to a madman’s gunfire, “We can’t tolerate this anymore.”

“These tragedies must end. And to end them, we must change,’’ he added, grimly noting it was the fourth time in his presidency he’d spoken to the nation about a mass shooting.

“The fourth time we’ve hugged survivors,’’ he said. “The fourth time we’ve consoled the families of victims.”

He did not mention the mounting calls for stronger gun controls in the wake of the tragedy, but noted, “There have been an endless series of deadly shootings across the country, almost daily reports of victims, many of them children. Much of the time, their only fault was being in the wrong place at the wrong time.’’





SORROW:The president addresses the devastated community of Newtown, Conn., at a vigil yesterday for grieving families.

AFP/Getty Images





SORROW:

The president addresses the devastated community
of Newtown, Conn., at a
vigil yesterday
for grieving
families.




Shocked kids clung tightly to plush toys donated by the Red Cross.

Reuters





Shocked kids clung tightly to plush toys donated by the Red Cross.





He predicted, “We will be told that the causes of such violence are complex, and that is true. No single law, no set of laws can eliminate evil from the world or prevent every senseless act of violence in our society. . . .But that can’t be an excuse for inaction.”

He added, “If there is even one step we can take to save another child or another parent or another town . . . surely, we have an obligation to try.’’

He vowed to “use whatever power this office holds to engage my fellow citizens . . . in an effort aimed at preventing more tragedies like this . . . We can’t accept events like this as routine.’’

The president asked, “Are we really prepared to say that we’re powerless in the face of such carnage, that the politics are too hard? Are we prepared to say that such violence visited on our children year after year after year is the price of our freedom?”

He told his grief-stricken audience, “I can only hope it helps for you to know that you’re not alone . . . that all across this land of ours, we have wept with you.”

Loud sobbing was heard from the audience throughout the speech.

The president cited the heroics of the six Sandy Hook Elementary School educators who gave their lives trying to shield the children.

He closed by reading of the names of all those murdered.

Before speaking to about 1,000 people at the interfaith service in the auditorium of the town’s high school, Obama met privately with relatives of about 15 of those killed by 20-year-old Adam Lanza.

Additional reporting by Lia Eustachewich and Julia Marsh in Newtown, Conn., and Gerry Shields in Washington, DC










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Five years after the recession, a slow recovery plods on




















Five years ago this month, the Great Recession began. Which leads to this question: How much longer until South Florida can erase the damage?

Officially, the recession ended in June 2009. According to the National Bureau of Economic Research, the national economy began contracting in December 2007 and did not grow again for 19 months. Using taxable sales figures, it’s probably safe to say South Florida experienced a longer downturn. Overall spending contracted for the first time in South Florida in March 2007 and didn’t post a year-over-year gain until February 2010.

“Miami was at the forefront of the housing boom and bust,’’ said Karl Kuykendall, an economist who follows South Florida for IHS Global Insight. “It’s no surprise Miami was early into the recession and somewhat late coming out.”





But whatever the actual duration of the downturn, it doesn’t take much math to realize the economy still feels shaky. South Florida lost its first net job in more than two years in October, when a tiny decline of 300 payroll slots interrupted 26 months of consistent expansion. The upcoming November report out Friday will show whether the losing streak continues.

And while unemployment is off near-record highs set in April 2010, more than 180,000 South Floridians were listed as officially out of work in the last count. That’s almost 90 percent more than the 98,000 people listed as out of work in the first month of the recession.

Tourism posted an early recovery, particularly in Miami-Dade, where foreign visitors helped hotels shake-off a sharp drop in U.S. vacationers and business travelers. But the recession lingers in Broward’s tourism industry, which is just now retiring past records.

Housing suffered the most dramatic crash throughout the recession and was also the last of the major indicators to begin its recovery. The Case-Shiller real estate index pegs May 2006 as the peak of the bubble in South Florida. Although each neighborhood is different, the average South Florida house worth $200,000 that month would have fallen down to $97,600 by the time the market hit bottom just over a year ago, in November 2011.

Values have recovered 9 percent since then, meaning the same house should be worth just over $105,0000. That’s a loss of 47 percent over six years.

Recovering from that kind of crash takes time, and five years clearly isn’t enough. To give a hint of the progress underway, Business Monday checked into businesses and residents on the frontlines of the recovery. The reports follow:

Housing

After fending off a foreclosure and battling to get out from under an onerous option ARM mortgage, Marie and Wilson Destin recently worked out a loan modification on their 4-bedroom, 2-bathroom house near Miami Lakes.

With the help of Neighborhood Housing Services of South Florida, a nonprofit agency that helps people navigate the Byzantine home financing landscape, the Destins cut their monthly mortgage payment to $1,500 from $1,900 under a new fixed-rate loan.

In 2006, when the housing market was booming, the Haitian-American couple had taken out an option ARM loan on the property, which they had owned for several years.

“Somebody came to the house and approached me with an option ARM loan,’’ said Wilson Destin. “They said I would pay less.’’

The option ARM — which has triggered financial woes for thousands of homeowners during the downturn — allowed for flexible payments and negative amortization, practically encouraging people to defer payments.





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7-year-old in critical condition after accident




















Police were investigating an accident involving a 7-year-old who was struck by a vehicle in a Lauderhill neighborhood late Saturday, Lauderhill Police spokesman Rick Rocco said.

The vehicle and its driver, who has not yet been identified, remained on scene after the incident near the intersection of Northwest 27th Court and 56th Avenue.

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





Details of the accident were not immediately available.

This post will be updated as we receive more information.





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U.S. gun website sued for alleged ties to slayings






CHICAGO (Reuters) – A prominent U.S. gun control group on Wednesday sued a gun auction website it says is linked to a mass shooting at a Wisconsin spa in October and the stalker slaying of a woman near Chicago in 2011.


The Brady Center to Prevent Gun Violence alleges that the design of armslist.com facilitates illegal online sales to unlawful gun buyers with no background checks, and enables users to evade laws that permit private sellers to sell guns only to residents of their own state.






“We as a nation are better than an anonymous Internet gun market where killers and criminals can easily get guns,” said Jonathan Lowy, the Brady Center’s Legal Action Project Director, in a statement.


The wrongful death lawsuit was filed in Cook County Circuit Court on behalf of the family of Jitka Vesel, 36, an immigrant from the Czech Republic who was shot and killed last year by Demetry Smirnov, a stalker.


The suit, which the Brady Center says is the first of its kind, alleges that Smirnov illegally bought the gun from a private seller he located through armslist.com.


Vesel was killed in the parking lot of the Chicago-area Czechoslovak Heritage Museum, where she was a volunteer preparing for a celebration in memory of Czech-American Chicago Mayor Anton Cermak.


Cermak was slain with a handgun during an attempted assassination of President Franklin D. Roosevelt in 1933.


A representative for website owner Armslist, LLC was not immediately available for comment. The company is based in Noble, Oklahoma, according to public records.


The website includes a “terms of use” page on which users must promise they are age 18 or older and will not use the site for illegal purposes.


The Brady Center said that the case does not infringe on the Second Amendment right to bear arms, noting that 74 percent of National Rifle Association members believe that no guns should be sold without a criminal background check.


A representative for the NRA was not immediately available for comment.


Radcliffe Haughton, who killed his estranged wife and two other women and wounded four others before killing himself in a shooting in a Milwaukee suburb on October 21, also got his weapon through armslist.com, according to Wisconsin officials.


Haughton, who was under a restraining order for domestic violence, avoided a background check through a “lethal loophole” by buying a gun through the website, according to a letter to Armslist sent by Milwaukee Mayor Tom Barrett and Wisconsin U.S. Representative Gwen Moore on October 26.


Sales conducted over the Internet also have been linked to mass killings at Virginia Tech and Northern Illinois University. In 1999 eBay announced it was prohibiting online gun sales, according to the Brady Center lawsuit.


Craigslist did the same in 2007. Amazon.com and Google AdWords also prohibits the listing of firearms for sale, the suit says.


An undercover investigation of online gun sales by New York City last year found that 62 percent of private gun sellers agreed to sell a firearm to a buyer who said he probably could not pass a background check.


(Reporting By Mary Wisniewski; Editing by Greg McCune and Xavier Briand)


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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

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The lesson of ‘Zero Dark Thirty’









The Osama bin Laden manhunt thriller “Zero Dark Thirty,” which comes out Wednesday, has already received several Best Picture awards from film critics’ groups, including the one in New York. But that’s no reason not to see it.

Director Kathryn Bigelow and screenwriter Mark Boal’s follow-up to their Oscar winner “The Hurt Locker” is far superior to the earlier film — a gripping work but also a painstakingly detailed one that is more intellectually and morally serious about the War on Terror than any other Hollywood film yet made.

It lays out how a female CIA agent, named “Maya” and played by Jessica Chastain, pieced together information from a variety of sources, including al Qaeda prisoners who had been waterboarded, to learn of the existence of the bin Laden courier who ultimately led to his boss’s death.





This scene from “Zero Dark Thirty” was made possible by the waterboarding of terrorists.

Courtesy of Columbia Pictures



This scene from “Zero Dark Thirty” was made possible by the waterboarding of terrorists.




AP






“Zero Dark Thirty” is so drenched in procedural detail that its message may appear ambiguous at first glance, and the hacks are already calling it a “Rorschach test” that will confirm whatever view of torture you held going into the theater.

It isn’t. Not if you’re paying attention.

After seeing it, I can report that it is a clear vindication for the Bush administration’s view of the War on Terror. Moreover, “ZD30” subtly presents President Obama and by extension the entire Democratic establishment and its supporters in the media as hindering the effort to find bin Laden by politicizing harsh interrogation techniques and striking a pose against them that was naive at best.

Since the film is based on unpublished interviews with primary sources, it is unusually difficult to fact-check. But as information about the reality behind the story emerges, so far “ZD30” is standing up factually and is consistent with relevant statements by former CIA Director Leon Panetta and lawmakers with access to classified information about the raid.

The left is alarmed. Glenn Greenwald, without even having seen the film, wrote a piece headlined, “Zero Dark Thirty: New Torture-Glorifying Film Wins Raves,” then finished up by comparing Bigelow to (of course) Hitler’s favorite director Leni Riefenstahl.

Does “ZD30” glorify torture? No, because no one is tortured in it. The worst procedure shown is waterboarding, and while this is an extremely unpleasant process (it’s not even easy to watch a movie simulation of it), it isn’t torture.

Any reasonable definition of torture must exclude procedures that sane people would undergo on a lark. Journalists such as Kaj Larsen and Christopher Hitchens have volunteered to be waterboarded in exchange for nothing more than a cocktail-party anecdote and some copy. (Indeed, Larsen paid $800 for the privilege.) A mixed-martial-arts trainer named Ed Clay volunteered to be waterboarded because he was upset about the general tenor of discussion during a Republican presidential debate and wanted to prove something or other.



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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.





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