• Buffett’s $2 billion bounce

    Buffett’s $2 billion bounce

    Warren Buffett’s Berkshire Hathaway has a big bounce in second quarter profit. Warren Buffett’s billions keep billowing. His company, Berkshire Hathaway (BRKA), said Friday that its profit grew by nearly $2 billion in the second...
  • Chip Kelly looking for ways to improve Eagles’ offense

    Philadelphia Eagles head coach Chip Kelly walks off the field during NFL football training camp Friday, Aug. 1, 2014, in Philadelphia. (AP Photo/Matt Rourke)The Associated Press Philadelphia Eagles wide receiver Riley Cooper catches a pass...
  • Heavy metals and hydroelectricity

    Related images(click to enlarge) Hydraulic engineering is increasingly relied on for hydroelectricity generation. However, redirecting stream flow can yield unintended consequences. In the August 2014 issue of GSA Today, Donald Rodbell of Union College-Schenectady and...
  • Tech firms hit by cyber extortion

    Tech firms hit by cyber extortion

    1 August 2014 Last updated at 22:30 By David Grossman Technology editor, BBC Newsnight If you live out your life on the internet, getting knocked offline can ruin your day. But if you make your...

Headline News

  • Floor of UCLA’s famed Pauley Pavilion to be replaced after water main break


    LOS ANGELES (Reuters) – The wooden floor of UCLA’s famed Pauley Pavilion, which recently underwent a multi-million dollar renovation, will be replaced after it was flooded this week when a major water main broke, the school’s athletic director said on Friday. The large pipe under Sunset Boulevard, just north of the University of California at Los Angeles, ruptured under nearby Sunset Boulevard on Tuesday, spouting a 40-foot geyser and sending some 20 million gallons of water across the north end of campus. The flood swamped campus athletic fields, underground parking garages and several buildings, including Pauley Pavilion, the arena built in 1965 which has become famous as home to the university’s basketball teams. Most of those facilities were back to normal, athletic director Dan Guerrero said in an Internet message to students on Friday, but Pauley Pavilion’s entire wooden floor would be replaced with a new “state of the art” court. Guerrero did not provide …

    August 1, 2014 5:00 pm
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Politics

  • Obama calls House immigration bill extreme, vows action


    WASHINGTON (Reuters) – President Barack Obama said on Friday immigration legislation on track to pass in the House of Representatives is unworkable and will force him to act on his own to address pressures from a surge of illegal immigrants on the southwestern border. “House Republicans, as we speak, are trying to pass the most extreme and unworkable versions of a bill that they already know is going nowhere,” he told reporters at a news conference. “Without additional resources and help, we’re just not going to have the resources we need to fully solve the problem,” Obama said. “That means that while they’re out on vacation, I’m going to have to make some tough choices to meet the challenge, with or without Congress.” Republicans on Friday were set to vote on border security measures that would make it easier to deport Central American child migrants, satisfying demands from conservative Republicans. The legislation has nearly no …

    August 1, 2014 4:40 pm
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Stocks

  • Buffett’s $2 billion bounce


    Warren Buffett’s Berkshire Hathaway has a big bounce in second quarter profit. Warren Buffett’s billions keep billowing. His company, Berkshire Hathaway (BRKA), said Friday that its profit grew by nearly $2 billion in the second quarter. The company, a broad-based investment conglomerate that includes diverse names like Geico Auto Insurance, Burlington Northern Santa Fe Railway, Dairy Queen, Benjamin Moore, Fruit of the Loom, Heinz, and See’s Candies, earned a profit of nearly $6.4 billion, up from $4.5 billion during the same period last year. In the first quarter, Berkshire’s railroad operations took a hit from the extreme winter weather that hit much of the nation.   As the nation’s housing market has shown signs of improvement, many of the related companies that fall under Berkshire Hathaway’s umbrella saw good results. “Clayton Homes, Shaw industries, Acme Brick Company, Benjamin Moore, Johns Manville all performed well. That’s the real story as the recovery works its way through …

    August 1, 2014 5:21 pm
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Sports

  • Chip Kelly looking for ways to improve Eagles’ offense


    Philadelphia Eagles head coach Chip Kelly walks off the field during NFL football training camp Friday, Aug. 1, 2014, in Philadelphia. (AP Photo/Matt Rourke)The Associated Press Philadelphia Eagles wide receiver Riley Cooper catches a pass during NFL football training camp Friday, Aug. 1, 2014, in Philadelphia. (AP Photo/Matt Rourke)The Associated Press Philadelphia Eagles quarterback Matt Barkley, left, G.J. Kinne, Mark Sanchez (3) run a drill during NFL football training camp Friday, Aug. 1, 2014, in Philadelphia. (AP Photo/Matt Rourke)The Associated Press Philadelphia Eagles running back LeSean McCoy runs a drill during NFL football training camp Friday, Aug. 1, 2014, in Philadelphia. (AP Photo/Matt Rourke)The Associated Press Philadelphia Eagles quarterback Nick Foles (9) runs a drill with running back LeSean McCoy (25) during NFL football training camp Friday, Aug. 1, 2014, in Philadelphia. (AP Photo/Matt Rourke)The Associated Press PHILADELPHIA –  Chip Kelly is working on ways to improve a record-setting offense. The Philadelphia Eagles went 10-6, …

    August 1, 2014 5:00 pm
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World News

  • Judge reprimands Argentina for telling half-truths about its debt obligations


    A US judge chastised Argentina for telling “half-truths” about meeting its debt obligations after the country sought to rebuff assertions it had defaulted for the second time in just over a decade. Judge Thomas Griesa also ordered that talks to hammer out a settlement must continue between Argentina and a small group of its bondholders that Argentina’s president, Cristina Fernández de Kirchner, below, calls “vulture funds”. Argentina slipped into default this week after it failed to reach a deal with the US hedge funds in time to make a repayment deadline to the rest of its creditors, which form the vast majority. The smaller group of bondholders, known as holdouts in the decade-long legal battle with Argentina, refused to take a debt restructuring deal in the wake of the country’s savage financial crisis. While more than 90% of bondholders agreed to take a big reduction in the value of their original investment – known as …

    August 1, 2014 4:40 pm
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Technology

  • Tech firms hit by cyber extortion


    1 August 2014 Last updated at 22:30 By David Grossman Technology editor, BBC Newsnight If you live out your life on the internet, getting knocked offline can ruin your day. But if you make your living on the internet, then someone killing your connection is a whole lot more serious. Your entire business could be in jeopardy. That is the threat that a new wave of cyber extortionists are holding over tech companies. The weapon the extortionists use is a distributed denial of service (DDoS) attack to block access to their websites, accompanied by demands for money to stop the attack. Such attacks, using multiple compromised computer systems to target a single system, are increasing in frequency, complexity and length, reports suggest. Five-day battle “The attack started on a Thursday morning early,” says Gary Burns, chief technology officer of New York-based Meetup, a social network for community groups. “We received an email asking for money …

    August 1, 2014 4:40 pm
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Science

  • Heavy metals and hydroelectricity


    Related images(click to enlarge) Hydraulic engineering is increasingly relied on for hydroelectricity generation. However, redirecting stream flow can yield unintended consequences. In the August 2014 issue of GSA Today, Donald Rodbell of Union College-Schenectady and coauthors from the U.S. and Peru document the wholesale contamination of the Lake Junín National Reserve by acid mine drainage from the Cerro de Pasco mining district. According to the World Bank, about 60% of Peru’s electricity is generated by hydropower, which during the dry season relies heavily on glacial meltwater to augment stream flow. The ongoing reduction in ice cover in Peru that began early in the twentieth century has reduced the aerial extent of glacial ice in some areas by nearly 30%. According to this GSA Today article, climate models project that warming will be pronounced in the highest elevation regions of the tropical Andes, and thus acceleration in ice loss is likely. To maintain dry-season river discharge …

    August 1, 2014 5:00 pm
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Health

  • Two relief workers with Ebola to be evacuated to Atlanta


    ATLANTA (Reuters) – Two American aid workers, both seriously ill after being infected with the deadly Ebola virus in Liberia, will be flown to the United States and treated in isolation at an Atlanta hospital, officials said on Friday. A plane equipped to transport Dr. Kent Brantly and missionary Nancy Writebol can carry only one patient back at a time, and Christian relief group Samaritan’s Purse said it did not know who would return first. Both medical evacuations are due to be completed by early next week, said North Carolina-based Samaritan’s Purse, as officials said bringing the stricken aid workers to the United States would not put the American public at risk. The patients are aid workers from Samaritan’s Purse and North Carolina-based missionary group SIM USA who were helping respond to a West Africa Ebola outbreak that is the worst on record. More than 700 people have died from the disease since February. A …

    August 1, 2014 4:40 pm
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Entertainment

  • …Because Nothing Says Happy Birthday Like Kim Kardashian’s Nearly Naked Butt


    Posted on Fri Aug 1st, 2014 2:34pm PDT Keepin’ it klassy! On Friday Kim Kardashian posted the Instagram photo above and wrote, “Happy Birthday @riccardotisci17 I love you soooo much!!! Can’t wait to celebrate with you tonight!!!!” But let’s be honest — she really should have captioned the pic, “I’m going to pretend to wish you a happy birthday, but what I really want is for every website in the world to post this picture of my giant booty and talk about what an attention wh*re I am!” And here we are… The throwback picture was snapped during a fitting before Kim’s wedding to rapper Kanye West, and we’re not sure why she’s wearing sheer black tights with no underwear, but we do know that she’s self-absorbed and always looking for an excuse to post photos of her famous posterior, so this makes perfect sense! Kim and Kanye are currently in Ibiza, Spain to celebrate …

    August 1, 2014 5:21 pm
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Editorial

  • So far, Israel has won nothing but the contempt of unmolested Hamas high command


    July 24, 2014: Israeli Prime Minister Benjamin Netanyahu speaks during joint statements with British Foreign Secretary Philip Hammond at the Knesset, Israel’s parliament in Jerusalem.AP This week the reclusive Hamas military commander in chief Muhammad Deif released a rare audio message, addressed to the Israeli public.“We love death for Allah the way that you love life,” he said. Deif is a man of his word. He and his Hamas brethren truly do love death. And since, as he correctly asserts, Israelis love life, it appears we have a solution that will satisfy both parties. ADVERTISEMENT ADVERTISEMENT Israel’s role in the deal is to kill Muhammad Deif, his entire command structure and as many of his gunmen as possible. That, however, requires the agreement of the Israeli government which, for reasons that will certainly be discussed in the next election, has focused its efforts on blowing up the empty tunnels of Gaza. Over the years Hamas …

    August 1, 2014 4:40 pm
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Odd News

  • Illinois man charged with putting needles in store meat


    KANSAS CITY Mo (Reuters) – A 68-year-old Illinois man is in jail charged with food tampering after he allegedly inserted sewing needles into packages of meat at a grocery store multiple times in the past year, an official said on Friday. Ronald G. Avers was charged on Thursday with seven violations of a federal law against tampering with packaged meat, according to court documents. He will be in court again on Monday for a detention hearing. Six customers and one employee at the Shop’n Save grocery in Belleville, Illinois in suburban St. Louis reported finding needles in hamburger, roast or steak products between May 2013 and July 14 of this year, according to an FBI affidavit filed in federal court. One customer found a needle in her mouth and another customer reported getting stuck in the hand. Avers, who owned a pickup bearing a disabled veteran license tag and shopped using a motorized scooter and …

    August 1, 2014 5:00 pm
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