• Thai murder police to quiz Britons

    Thai murder police to quiz Britons

    17 September 2014 Last updated at 10:21 The bodies of David Miller and Hannah Witheridge were found on Monday Police investigating the murders of two British tourists in Thailand have said two Britons are “possible...
  • Mark Mobius: Stay away from Alibaba

    Mark Mobius: Stay away from Alibaba

      One of the world’s best-known fund managers has hit out at Alibaba’s corporate structure in the lead-up to the Chinese e-commerce giant’s IPO on the New York Stock Exchange. Mark Mobius, emerging market chief...
  • Today’s Toons 9/17/14

    Today’s Toons 9/17/14

    Click below for Tony’s toons: Click below for related story: This Thread Brought To You By The Letters C & P: In Case You Missed It Dept.: I’d Rather Be Kitesurfing...
  • China leader Xi heads for India

    China leader Xi heads for India

    17 September 2014 Last updated at 03:57 The two leaders met on the sidelines of the sixth Brics summit in Brazil in July China’s President Xi Jinping is making his first official visit to India,...
  • Sony forecasts $2.1B loss this year

    Sony forecasts $2.1B loss this year

    Sony president and CEO Kazuo Hirai will have to figure out how to make the company’s mobiles profitable. CNET Sony may be doing very well with its latest console, with the PlayStation 4 outselling its...

Headline News

  • Los Angeles schools police to return grenade launchers to U.S.: L.A. Times newspaper


    (Reuters) – Los Angeles schools’ police said on Tuesday it would give up three grenade launchers it acquired for free through a federal program now facing mounting scrutiny for supplying local agencies with military-grade equipment, the L.A Times newspaper reported. The move follows scrutiny over the Department of Defense’s program, begun in 1991, which gives unused equipment to police forces across the U.S., including ones that serve school districts. The Los Angeles School Police Department, which serves the nation’s second-largest school system, would keep 61 rifles and an armored vehicle built to withstand roadside bombs, the newspaper said. Reuters could not independently verify the report. A police sergeant who declined to be named confirmed the department had the equipment and said it is needed “for the safety of staff, students, and personnel” but could not confirm what if anything the department was relinquishing. The Mine Resistant Ambush Protected vehicle, and the grenade launchers, would only …

    September 17, 2014 4:04 am
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Politics

  • Islamic State campaign tests Obama’s commitment to Mideast allies


    WASHINGTON (Reuters) – After about 15 hours of flying and five hours of meetings, sleep finally caught up with U.S. Secretary of State John Kerry in Baghdad. It was 6:04 p.m.  After sinking into his seat at the center of the cavernous interior of a C-17 military transport plane, he cradled his head in his palm, put his feet on a desk and shut his eyes. Visibly tired, too, were his retinue of aides as they took their seats, some clutching briefing papers with notes scribbled in the margin from meetings with Iraqi Prime Minister Haider al-Abadi and the government he had formed a day earlier on Sept. 9. Kerry’s exhaustion was understandable after nearly 24 hours of non-stop travel and meetings. America’s fatigue in the Middle East could be a different story: the Iraqis who met Kerry may wonder if his boss, President Barack Obama, has the energy or stomach for what lies ahead …

    September 17, 2014 3:04 am
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Stocks

  • Mark Mobius: Stay away from Alibaba


      One of the world’s best-known fund managers has hit out at Alibaba’s corporate structure in the lead-up to the Chinese e-commerce giant’s IPO on the New York Stock Exchange. Mark Mobius, emerging market chief for Franklin Templeton Investments, cautioned that Alibaba’s structure will leave shareholders with almost no influence over management — and little legal recourse should problems emerge at the company. He described the combination as a “very dangerous situation” for shareholders. Analysts have expressed concern about Alibaba’s structure on two fronts. The first is that the company’s partners have control over the makeup of the board of directors. Shareholders are left without much of a voice. Related: 5 risks for investors buying Alibaba shares The other concern is that Alibaba is listing as a variable interest entity (VIE). Necessary to get around China’s strict foreign investment rules, the arrangement produces a complicated ownership structure that could mean major headaches for investors seeking …

    September 17, 2014 4:04 am
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Sports

  • South Korea out to end Thailand’s sepaktakraw stranglehold


    INCHEON South Korea (Reuters) – South Korea’s sepaktakraw team will count on “world-class killers, feeders and tekongs” to end the Asian Games dominance of powerhouse Thailand and hope the event will help boost local interest in the electrifying, acrobatic sport. The Thais have won 18 of the 27 Asian Games gold medals awarded in sepaktakraw, which sees players twist and turn their bodies in mid-air to send a rattan ball into the opposing court using their feet, legs and head. South Korea is the only country from outside Southeast Asia to win gold at the Games, taking the men’s circle title in 2002 in Busan, and women’s head coach Min Seung-ki said the hosts would not be content with just being on the podium in Incheon. “What matters is the color of medals,” Min said at Bucheon Gymnasium on Wednesday. “We expect at least one gold.” Min had no doubt who the main threats were …

    September 17, 2014 4:04 am
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World News

  • Thai murder police to quiz Britons


    17 September 2014 Last updated at 10:21 The bodies of David Miller and Hannah Witheridge were found on Monday Police investigating the murders of two British tourists in Thailand have said two Britons are “possible suspects” and will face questioning. Hannah Witheridge, 23, and David Miller, 24, were found dead on a beach on the island of Koh Tao on Monday. Two British men who spent time with the victims in the days before they died are now in “police care” in Bangkok. Police said the men had not been formally detained or arrested but had been prevented from leaving Thailand. BBC south-east Asia correspondent Jonathan Head said the men were believed to be brothers and were stopped at Bangkok International Airport as they prepared to leave the country. Continue reading the main story “Start Quote He was hard-working, bright and conscientious, with everything to look forward to” End Quote Family of David Miller ‘New …

    September 17, 2014 4:24 am
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Technology

  • Sony forecasts $2.1B loss this year


    Sony president and CEO Kazuo Hirai will have to figure out how to make the company’s mobiles profitable. CNET Sony may be doing very well with its latest console, with the PlayStation 4 outselling its main competitor, the Xbox One, but it hasn’t been enough to save the company from posting a loss for the fifth time in six years. The Japanese company has released a forecast stating that it expects to losses of up to 230 billion yen ($2.1 billion), partly due to a write-down of the value of the company’s mobile business to the tune of 180 billion yen ($1.67 billion). Sony says the “competitive environment of the mobile business” is to blame, and is expected to implement a change of strategy with regard to its Mobile Communications division by concentrating its efforts in “certain geographical areas, premium lineups and reducing the number of models in its mid-range lineup.” The company last reported …

    September 17, 2014 3:04 am
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Science

  • Novel capability enables first test of real turbine engine conditions


    Manufactures of turbine engines for airplanes, automobiles and electric generation plants could expedite the development of more durable, energy-efficient turbine blades thanks to a partnership between the U.S. Department of Energy’s Argonne National Laboratory, the German Aerospace Center and the universities of Central Florida and Cleveland State. The ability to operate turbine blades at higher temperatures improves efficiency and reduces energy costs. For example, energy companies estimate that raising the operating temperature by 1 percent at a single electric generation facility can save up to $20 million a year. In order to achieve the highest temperatures of 1,832 degrees Fahrenheit in engines, metallic turbine blades are coated with ceramic thermal-barrier coatings and actively air cooled, which together allows operating temperatures exceeding the metal’s melting point. Adding to these extreme conditions, during high-temperature operation, blade rotation induces thermo-mechanical stresses throughout the blade components. Because of the difficulty of monitoring engines in operation, most manufacturers test blades …

    September 17, 2014 3:24 am
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Health

  • Sanofi unveils heart disease partnership with MyoKardia


    PARIS (Reuters) – French drugmaker Sanofi announced on Wednesday a partnership with U.S.-based MyoKardia to develop therapies for patients with genetic heart diseases. The collaboration includes up to $200 million in equity investments, milestone payments, and research and development services through 2018, Sanofi said in a statement. MyoKardia was founded in 2012 and is funded by healthcare investor Third Rock Ventures. (Reporting by James Regan; Editing by Blaise Robinson)

    September 17, 2014 3:04 am
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Entertainment

  • Kim Kardashian is ready and wanting baby No. 2


    No koala is safe from Kim Kardashian’s selfie addiction First, news of another royal baby on the way. Then, we learned Beyoncé and Jay Z are pretty much definitely expecting. Just today, reports surfaced saying there’s a baby Ryan Gosling. And now, Kim Kardashian is the latest star to catch the baby fever that is definitely going around. In the middle of defending her husband’s actions at a recent concert, when he stopped the show to tell a wheelchair-bound fan to stand up, Kim has some much happier news: A sibling for baby North West is likely to happen sooner rather than later. “I hope so. We’re trying,” she said during an interview on Australia’s Today Show. “I guess it’s all in God’s hands.” Kim has already admitted that she looks forward to growing her family with Kanye West. Even though her pregnancy with North was difficult, she said last week she wants a nice, …

    September 17, 2014 2:44 am
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Editorial

Odd News

  • Swiss keeper shocked after fans urinate in his water bottle


    (Reuters) – A Swiss goalkeeper has threatened legal action after fans of a rival lower league team urinated in his water bottle and then taunted him when, unawares, he took a sip during a match at the weekend. FC Muri goalkeeper Reto Felder said he had felt sick after tasting the warm contents of the bottle, which he had left near the goalpost during the 1. Liga (third tier) game at FC Baden near Zurich. “The idea of drinking piss is simply intolerable,” the Aargauer Zeitung website (www.aargauerzeitung.ch) quoted the 34-year-old player as saying, adding that he was waiting for an analysis of video evidence before further action. “What if next time it is something that knocks you out?,” added Felder. Swiss tabloid Blick reported that the unidentified fans had persuaded a ball boy behind the goal to pass them the bottle during the second half of the match. The paper said the fans shouted …

    September 16, 2014 7:17 pm
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