Texas A&M Freshman Killed in Single-Car Accident

Source: http://www.thehollywoodgossip.com/2013/07/texas-a-and-m-freshman-killed-in-single-car-accident/

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Super telescope captures sensational image of Andromeda galaxy

Click on this image to see a spectacular 6,000x5,957-pixel image of the Andromeda galaxy. (Click to enlarge.)

(Credit: Hyper-Suprime Cam Project/National Astronomical Observatory of Japan)

Astronomers have captured a sensational high-resolution image of the Andromeda galaxy located 2.5 million light years (14,696,563,432,959,020,000 miles) from Earth. No illustration, no mock-up -- it's the real deal, and it's breathtaking.

The stunning mosaic comes from the National Astronomical Observatory of Japan's Subaru Telescope located atop Hawaii's Mauna Kea volcano. Attached to the facility's 26-foot telescope is a 3-ton 870-megapixel still camera called the Hyper-Suprime Cam (HSC), which features an extremely wide 1.5-degree field of view.

The gigantic camera, which contains multiple lenses around 2.6-feet in diameter, is preparing for a much larger task: a cosmic census. Astronomers plan to use the massive telescope to explore the dark passages of the universe.

"This first image from HSC is truly exciting. We can now start the long-awaited, largest-ever galaxy survey for understanding the evolutionary history and fate of the expanding universe," said Masahiro Takada, a chair for HSC's science group.

Astronomers plan to use the Subaru Telescope to observe hundreds of millions of galaxies, specifically analyzing the various arrangements of each and further exploring the effects of gravitational lensing.

"Such data will allow scientists to map the distribution of dark matter, constrain the nature of dark energy, and search for baby galaxies that were just born in the early universe," Takada noted.

Source: http://news.cnet.com/8301-17938_105-57596427-1/super-telescope-captures-sensational-image-of-andromeda-galaxy/

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Paramount Staffing looks to fill Joliet jobs

By Cindy Wojdyla Cain ccain@stmedianetwork.com July 30, 2013 9:15PM

The Joliet Region Chamber of Commerce & Industry holds a ribbon-cutting Tuesday for Paramount Staffing at 2405 Essington Road. The office is the company's 14th location, including eight in Illinois. Pictured are (front, from left) Tina and Matt Schubert, co-owners; partner Jude Fairbank, vice president of operations; and Joliet Mayor Tom Giarrante. | Cindy Cain~Sun-Times Media

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Updated: July 31, 2013 2:33AM

JOLIET ? The city?s unemployment rate for June was 13.5 percent, the fourth highest in the state, but the rate is probably closer to 5 percent for people who can work in skilled manufacturing, said Matt Schubert, owner of Paramount Staffing.

Paramount, which specializes in placing workers in industrial jobs, opened an office in Joliet on Tuesday to tap into the warehouse and manufacturing growth here, Schubert said. More industrial workers are retiring, and fewer young people are seeking those jobs, so the applicant pool is shrinking, he said.

?No parent, unfortunately, is pushing their kids into industrial to be a forklift driver, a lathe operator or a welder,? he said. ?Truthfully, I believe these jobs will be paying $50,000, $60,000 or $80,000 in the next 10 to 15 years. The demand is going to grow, and the supply (of workers) is going to shrink.?

Paramount finds it so difficult to find forklift drivers, for instance, that the firm has set up its own 4,000-square-foot training site in Bolingbrook.

?We train people from 7 a.m. to 9 p.m. every day and on Saturdays,? Schubert said. ?So we?re doing everything we can to build our pool. We?d love to get into machinery (training), but that?s a little bit more of an investment.?

Schubert believes Joliet?s unemployment remains high because towns to the north such as Bolingbrook and Romeoville are pulling away some of the jobs. But the overall economy also is casting a big shadow here, he said.

Mayor Tom Giarrante, who attended the ribbon-cutting, said building projects, including the city?s new transportation center and Joliet Junior College?s new campus, both to be located downtown, should help boost hiring.

And while 13.5 percent unemployment is high, ?I?ve lived here all my life,? Giarrante said. ?And I remember when unemployment was 21 percent. So it?s high, but we?re doing what we can do.?

While overall unemployment remains higher than at pre-recession levels, there are signs the job market is coming around, Schubert said. Hiring of temporary workers is higher than it has ever been at 2.8 million nationally, with an expectation it will reach 3 million in the next year.

?Our industry has always, always been a leading indicator for the economy,? he said. ?Because companies will hire temporary employees before they hire full time, and some of those temporary positions turn into full time.?

The only thing slowing the hiring process is indecisiveness in Washington, D.C., and uncertainty with new health care laws, he said.

Paramount Staffing?s Joliet office is its eighth in Illinois and 14th in the United States. Schubert, who grew up in the staffing industry, opened a branch of his father?s Labor World here on Republic Avenue in 1994 and sold it in 1997.

Potential temp workers can visit the new office at 2405 Essington Road, Suite G, to fill out applications.

?Then we try to get them to work,? Schubert said. ?On a daily basis, we employ 4,500 people. And throughout the year we might employ up to 20,000 people off and on. They come and go.?

About 5 percent to 10 percent of the workers get hired full time by the companies they?re placed with.

?That might be the only way for somebody to get in the door, and that is to come through the temporary route,? Schubert said.

Source: http://heraldnews.suntimes.com/news/21626722-418/paramount-staffing-looks-to-fill-joliet-jobs.html

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After NVIDIA, ASUS Could Get the Boot for 2014 Google Nexus 7

Google's 2013 Nexus 7 may be less than a week old, but groundwork for its successor is already underway; as most companies with tight product development cycles would do. With 2013 Nexus 7 giving NVIDIA the boot by choosing a Qualcomm-made Snapdragon S4 Pro SoC over the company's Tegra 4, key players in the Nexus program are dispensable for Google. The company could give ASUS the boot, and opt for LG as its next Nexus 7 partner.

Nexus 7, the single most popular tablet brand after iPad, is co-developed by Google and ASUS. Its 2014 version could see Google partner with LG Electronics, with whom it co-developed the Nexus 4 smartphone. The reasons behind the switch are largely unknown, but we've shortlisted the likely two.

First, market analyst Ming-Chi-Kuo predicts that LG could be luring Google to partner with it, to give it access to cheap high-resolution displays that go beyond 1080p. LG Display supplies high-resolution IPS displays to a number of tablet designers, including in concert with Sharp, Apple.

Second, could be volumes. With market share of Apple iPad on a slump, and growth of the Nexus 7 brand, that accelerated ASUS' market share (more on that here), Google could be apprehensive about ASUS' ability to keep up with demand. A bonus third, despite critical acclaim for the 2013 Nexus 7 from everyone who ever toyed with one; some users aren't satisfied with its build quality.

Source: http://www.nextpowerup.com/news/2114/after-nvidia-asus-could-get-the-boot-for-2014-google-nexus-7.html

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Apple's smartphone market share slips

Apple's share of the global smartphone market fell during the second quarter to its lowest level in four years, according to data released Friday.

Apple took 13.1 percent of the worldwide market, according to ABI Research, down from 16.6 percent a year ago. That's the lowest level since the third quarter of 2009, two years after the launch of the first iPhone.

Apple Inc., based in Cupertino, Calif., sold 31.2 million iPhones in the April-to-June period, up from 26 million in the same period a year ago, the report said. But the company's sales growth isn't keeping pace with the overall smartphone market, which grew 52 percent from last year.

The No. 3 and No. 4 smartphone makers, LG Electronics of Korea and Lenovo Corp. of China, doubled their sales in the quarter, according to ABI research.

Samsung, the world's largest maker of smartphones, also saw a drop in market share.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2013-07-26-US-TEC-Smartphone-Sales/id-5e50b198b94345f7b21a25963a86cdf4

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Mayor Hopes To End Restaurant Tax By 2015

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She's made it clear she has no love for the Omaha restaurant tax, but newly-elected Mayor Jean Stothert hasn't made a move to get rid of it. It's in her proposed budget and the projected revenue is more than ever. She addressed the issue Thursday afternoon.

The mayor asked why the city is turning so much attention to Lo Sole Mio, asking the owner to prove he's been paying the tax. It's one of 10 restaurants being audited this week.

Turns out the audit is standard and part of the restaurant tax ordinance. Since the law went into effect, this is the first time the restaurant has been randomly chosen for the audit.

Mayor Stothert said that although she opposes the tax, the city needs the $27 million it brings in. "If I would try to repeal the restaurant tax for '14, I would have a $47 million hole. In five weeks, that's not enough time for me to be able to fill that hole."

Lo Sole Mio's head chef doesn't believe the mayor's plan to get rid of the tax. She said her goal is to get the restaurant tax off the books for the 2015 budget and asked that citizens be patient.

Source: http://www.wowt.com/home/headlines/Mayor-Hopes-To-End-Restaurant-Tax-By-2015-217024531.html

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China concerns depress TSX at end of lacklustre week

TORONTO ? The Toronto stock market declined Friday as commodity prices ease on concerns over Chinese moves to reform its industrial sector.

The S&P/TSX composite index fell 24.23 points to 12,644.91.

The Canadian dollar was off 0.1 of a cent to 97.33 cents US after running up almost 1/2 a US cent on Thursday.

U.S. indexes were also lower with the Dow Jones industrials down 65.66 points to 15,489.95, the Nasdaq composite index dropped 11.9 points to 3,593.29 and the S&P 500 index gave back 5.92 points to 1,684.33.

There are concerns that an overhaul of China?s industrial sector could cause a sharp slowdown in the world?s second-largest economy.

Beijing has ordered companies to close factories in 19 industries from steel to glass where overproduction has led to price-cutting wars, affirming its determination to push ahead with a painful makeover of the economy. That move followed weak manufacturing data on Wednesday.

The gold sector fell 1.15 per cent while August bullion slipped $3.60 to US$1,325.20 an ounce. Goldcorp Inc. (TSX:G) faded 33 cents to C$28.52.

Other commodities were lower as demand concerns pushed the September crude contract on the New York Mercantile Exchange down 63 cents to US$104.86 a barrel and the energy sector was off 0.17% and Canadian Natural Resources (TSX:CNQ) dropped 29 cents to C$33.41.

The base metals sector was slightly lower as September copper eased seven cents to US$3.12 a pound. Hudbay Minerals (TSX:HBM) fell five cents to C$6.97.
Financials also weighed on the TSX with National Bank (TSX:NA) down 40 cents to $78.08.

At the end of a heavy earnings week, TransCanada Corp (TSX:TRP) says it had $365-million or 52 cents per share of net income attributable to shareholders in the second quarter, up from $272-million or 39 cents per share a year earlier. On an adjusted basis, the Calgary based company had $357-million or 51 cents per share of ?comparable earnings,? up from $300-million or 43 cents per share in the second quarter of 2012 and in line with analyst estimates and its shares were up 34 cents to 46.75.

Electronics manufacturing company Celestica Inc. (TSX:CLS) posted net income of $28.0-million, or 15 cents per share, up from $23.6-million, or 11 cents per share, a year earlier. Adjusted earnings were 21 cents a share, four cents better than analysts expected. The company knew it would take a hit from losing BlackBerry (TSX:BB) as a customer as a result of the smartphone company?s slimmed-down strategy. As it turned out, Celestica?s revenue was US$1.495 billion ? down 14% from a year earlier but up three per cent if BlackBerry were excluded and its shares ran ahead 47 cents to $10.25.

After the close on Thursday, Amazon.com Inc. reported a surprise loss of US$7-million, or two cents per share, in the April-June quarter. That?s down from earnings of $7-million, or one cent per share, a year ago. Revenue rose 22% to $15.7-billion. Analysts, on average, were expecting earnings of five cents per share on revenue of $15.73-billion and its shares were down 1.3% to $299.47 in New York.

The TSX looks set to end the week flat or even with a decline following weak earnings reports from the resource sector, in particular from Cenovus Energy (TSX:CVE) and PotashCorp (TSX:POT) in a reflection of falling commodity prices.
The telecom sector has also been negative this week, despite a strong earnings report from Rogers Communications (TSX:RCI.B) as investors mull the effects of a possible entry into the sector by U.S. telco Verizon Communications.

Bell has joined major telecom companies Rogers and Telus in calling for Ottawa to change its policy on foreign ownership of small Canadian wireless companies.
The three Canadian rivals say they have been put at an unfair disadvantage that allows foreign carriers like Verizon to buy small Canadian wireless carriers while denying them the same opportunity.

Traders were also cautious ahead of a slew of top tier economic data next week, topped off by a two day meeting of the U.S. Federal Reserve that will be closely watched for any clue as to when the central bank might be thinking of trimming a key element of economic stimulus. The Fed currently spends US$85-billion a month to buy bonds, a move that has kept long-term rates near record lows and supported a strong stock market rally.

But Fed chair Ben Bernanke has indicated the Fed could start cutting back on those purchases later this year if the economy improves sufficiently.

There are also reports on second-quarter gross domestic product, the health of the manufacturing sector and the week ends with the release of the U.S. non-farm payrolls report.

Earlier in Asia, China?s Shanghai Composite dropped 0.5% and Japan?s Nikkei 225 index fell three per cent due to a big rise in the yen, which risks making the country?s exports less competitive on international markets.

Elsewhere in the region, Australia?s S&P/ASX 200 rose 0.1% while Hong Kong?s Hang Seng was up 0.3%.

European bourses were mixed with London?s FTSE 100 index down 0.34%, Frankfurt?s DAX was down 0.53% while the Paris CAC 40 gained 0.35%.

Source: http://business.financialpost.com/2013/07/26/china-concerns-depress-tsx-at-end-of-lacklustre-week/

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