Headline News

  • Anatomy of a VC Deal: How One Seattle Startup Raised $12.5 Million

    Kristen Hamilton knew she needed to raise capital to get her Seattle-based startup off the ground. She and co-founder Josh Jarrett spent half of 2013 developing Koru, an immersive business program that gives recent college grads real-world job skills and positions them for rewarding entry-level work. That fall, the pair enlisted a handful of Whitman College graduates to participate in a weeklong pilot program at REI’s corporate offices. The goal: develop a presentation for senior REI executives detailing how the retailer of outdoor gear and clothing could appeal to young consumers. The week was a success. Besides nailing the presentation, the budding professionals gained tangible workplace experience and newfound confidence. “The intention is to obliterate the statistic that 53 percent of college grads are underemployed or unemployed,” says Hamilton, Koru’s CEO. “We’re fixing a problem for employers, too, because it turns out that employers struggle to figure out who the right hires are when people …

    July 5, 2015 12:17 pm


  • Amid tight security, America celebrates the Fourth

    Fireworks explode over the East River in front of the Manhattan skyline as seen from the Brooklyn borough of New York during the Macy’s Fourth of July fireworks show. (AP Photo/Jason DeCrow) Americans celebrated 239 years as an independent nation on Saturday with extravagant fireworks displays, rock and classical concerts and parades both big and small. Here were some highlights of Independence Day festivities around the nation: SPECTATORS BRAVE TIGHT SECURITY FOR NYC FIREWORKS SHOW Hundreds of thousands of people braved tight security along New York City’s East River to watch the annual Macy’s Fourth of July fireworks display. Minneapolis resident Joe Cunningham said Saturday’s fireworks show was “awesome” and lived up to his family’s expectations. Cunningham said New York’s show will be the benchmark for all other fireworks displays. ‘Hermione’ Leads Parade of Ships in NYC Play video Hermione Leads Parade of Ships in NYC Macy’s said the 25-minute show featured more than 50,000 …

    July 5, 2015 9:57 am


  • Greeks voting on their future in Europe

    Greeks are voting Sunday on their future in Europe, putting the eurozone to its biggest test yet. After years of living on borrowed money and paying the price with savage austerity, Greeks are effectively choosing between more of the same or for a rupture with Europe that could spell disaster. Voters are being asked to give their verdict on a draft financial rescue the Greek government has rejected, and Europe has allowed to lapse. But the referendum is about much more than that. Prime Minister Alexis Tsipras urged Greeks to vote “no” to strengthen his hand in talks with creditors. He wants a bigger bailout with less painful terms, and a chunk of debt canceled. But European leaders say a “no” vote would destroy the basis for talks, and put Greece on a fast-track out of the euro. The damage to the country would be huge. A “yes” vote, they say, could allow negotiations to …

    July 5, 2015 10:57 am


  • As Women’s World Cup draws to a close, inequality remains for female players

    Tatjana Haenni, FIFA deputy director of the competitions division, listens during the closing news conference for the FIFA Women’s World Cup soccer tournament in Vancouver, British Columbia, Canada, on Friday, July 3, 2015. The United States and Japan are scheduled to play in the final on Sunday in Vancouver. (Darryl Dyck/The Canadian Press via AP) (The Associated Press) FILE – In this Sept. 12, 2014, file photo, U.S. Women’s National soccer team coach Jill Ellis looks on during practice in Sandy, Utah. Ellis has coachds the U.S. Women’s team to the World Cup final. (AP Photo/Rick Bowmer, File) (The Associated Press) VANCOUVER, British Columbia –  The most successful Women’s World Cup concludes on Sunday when the United States and Japan take the field at BC Place. Record attendance. Record TV ratings. A rematch of the classic final from 2011 and the gold-medal match from the 2012 Olympics. With the final match also comes the conclusion of a …

    July 5, 2015 12:18 pm

World News

  • Osborne identifies £12bn welfare cuts

    Chancellor George Osborne says he has identified how the government will make the £12bn of welfare cuts promised in the Conservative election manifesto. He will announce the bulk of the savings in his Budget on Wednesday, the BBC understands. Those known so far include a reduction in the benefit cap and removing subsidies for social housing. Mr Osborne is also expected to announce the BBC will have to meet the £650m cost of TV licences for over-75s. ‘Higher earners’ Mr Osborne said the welfare cuts were needed to prevent even deeper cuts to public services and to fulfil the government’s aim of eliminating the deficit and running a surplus. “So yes, we’ve got to find savings in welfare – and we have found that £12bn of savings in welfare that we said we’d be able to find in the election,” he said. The headline Budget announcement over the weekend was a clampdown on “taxpayer-funded subsidies” …

    July 5, 2015 12:18 pm


  • Steer clear of low-tech hacks: How to keep your information safe

    Joe Raedle/Getty Images Someone going by the name Jesse B. Harding lied on the Internet to steal people’s Social Security numbers — and the real Harding simply didn’t know. A fraudster posed as Harding, posting a fake property listing under his name and real job as a real estate agent, all with the goal of conning potential renters into sharing their Social Security numbers and other personal information. It was a low-tech approach to identify theft, but it was meticulous and effective. The fake posting on Trulia.com used stolen pictures of the house, listed a too-good-to-be-true price and directed potential renters to a fake property management website. “They could have stolen it from a variety of places because I advertised it widely,” the real Harding said in retrospect. Luckily, one potential renter named Cindy Herrera grew suspicious of the person posing as Harding and alerted the real real estate agent. But still, the damage had …

    July 5, 2015 9:37 am


  • Sleep deprivation could reduce intrusive memories of traumatic scenes

    A good night’s sleep has long been recommended to those who have experienced a traumatic event. But an Oxford University-led study provides preliminary experimental work suggesting it could actually be the wrong thing to do. The research, conducted in Oxford’s Wellcome Trust-funded Sleep and Circadian Neuroscience Institute (SCNi) and published in the journal Sleep, showed that sleep deprivation might prevent people from consolidating memories of experimental trauma (emotional film clips in the study), reducing their tendency to experience flashbacks. Dr Kate Porcheret, from Oxford’s Nuffield Department of Clinical Neurosciences, said: ‘We wanted to see what effect sleep deprivation would have on the development of intrusive memories – what in a clinical setting are called flashbacks. After showing participants a film of scenes with traumatic content, as an analogue to trauma, they were either kept in a sleep laboratory and deprived of sleep or sent home to have a normal night’s sleep in their own bed.’ …

    July 5, 2015 9:39 am


  • Watch Out for Disease-Carrying Insects This Summer

    SUNDAY, July 5, 2015 (HealthDay News) — People who spend lots of time outdoors in the summer need to be careful about insect bites, an expert says. Certain insects, such as ticks and mosquitoes, may be carriers of disease, including Lyme disease and Rocky Mountain spotted fever, said Dr. George Ruggiero, chief of family medicine and director of medical education at Peconic Bay Medical Center in New York. Anyone who develops headache, fever, chills and aches after flu season ends should consider the possibility that they’ve been bitten, he said. People who develop a rash should also be seen by a doctor, he added. “A combination of education and taking the right precautions are the best ways to prevent mosquito- and tick-borne diseases,” Ruggiero said in a medical center news release. “Always be cognizant of your surroundings and diligent in your self-examination in order to prevent any serious reactions.” There are other steps people can …

    July 5, 2015 9:57 am


  • Kourtney Kardashian Celebrated The Fourth With Her Kids While Scott Disick Was Probably Cheating With His Ex

    Posted on Sun Jul 5th, 2015 8:35am PDT       By X17 Staff Let’s face it: The fact that Scott Disick ditched his family to go party with his ex-girlfriend Chloe Bartoli on a yacht in Monaco is baaaad news. But just how bad? Scott and Chloe were photographed all over each other, and he’s made no attempt to slow things down, so if he hasn’t already cheated on Kourt, it seems like it’s probably happened by now. While no one from Scott or Kourt’s camp has released a statement confirming that the two have split, Kourtney seems to be doing everything she can to show us that she’s handling things like a champ. Kourt posted the pic above with daughter Penelope, and she didn’t feel the need to write any sort of a lengthy caption, but when she looks this good (and happy!), who needs that? We can’t believe she gave birth to her third child just …

    July 5, 2015 11:17 am


  • Time for the Obama administration to respond to Syrian chemical attacks

    The Obama Administration puts a lot of stock into negotiating with hostile regimes.  Consider its seemingly endless negotiations with Iran over that nation’s illicit nuclear weapons program. But even as those negotiations drag on, Iran’s ally Syria has systematically violated the 2013 agreement it negotiated with the administration. In that agreement, codified in a U.N. Security Council resolution, Syria promised to give up its chemical weapons. Yet last Friday, Reuters reported that international inspectors have found traces of sarin and VX nerve agent at Syria’s Scientific Studies and Research Agency, a government facility that western intelligence agencies assess was involved in developing chemical and biological weapons. The inspectors, from the Organization for the Prohibition of Chemical Weapons, also are investigating numerous reports of the use of chlorine gas in “barrel bombs” delivered by the Assad regime’s helicopters.  Damascus has denied all the charges. It also continues to block inspectors from accessing some of the attacked …

    July 4, 2015 9:51 pm

Odd News

  • Mexican firm sorry for royally selling president short

    MEXICO CITY It could have been the height of diplomatic embarrassment for Mexico’s president. When Enrique Pena Nieto hosted towering King Felipe of Spain this week, it was a tongue-in-cheek paint ad ridiculing his 10- inch height deficit that grabbed the headlines. On Wednesday, Mexican paint company Comex posted on Twitter a digitally-altered photograph of the president standing on one of its paint pots, giving him a leg up over the monarch under the banner “una pintura de altura,” or “a paint of stature.” Comex apologized on Thursday for the photograph, deleting the post after it had been heavily retweeted. It said the Tweet was published “without the appropriate approvals”. (Reporting by Max de Haldevang; Editing by Dave Graham and Simon Gardner)

    July 2, 2015 8:54 pm