Friday, July 6, 2012

Sunken NY yacht to be raised, may offer clues

OYSTER BAY, N.Y. (AP) ? A sunken yacht on which three children died during an Independence Day fireworks outing was tethered on Friday to prevent it from drifting away but must be raised from the water before investigators can determine what caused it to capsize.

There were 10 children and 17 adults aboard the Kandi Won when it tipped over and sank after the July Fourth nighttime fireworks show, trapping three children in the main cabin. Boating experts said the vessel was too full and was bound to capsize. That, combined with weather and a strong wave, might have doomed the yacht as it was steering toward land amid a throng of holiday boaters on Long Island Sound.

On Friday, a line was tied from police boats to the 34-foot-long sunken vessel so it wouldn't drift. The U.S. Navy and Coast Guard may help raise the boat, which is submerged 60 feet below the surface.

The yacht's owner, Kevin Treanor, who's related to some of the victims, bought it in April 2011, boating records show. There was no answer to calls at his home Friday.

An insurance company lawyer who's representing him, James Mercante, said he'd like to know if something mechanical was responsible, "if something gave way."

"Thirty-four-foot boats shouldn't roll over, with or without people on it," he said.

Mercante lambasted media reports that there were not enough life jackets on board when the vessel sank, noting that the three children who died were in the cabin, where no life vests were required by law.

"There were enough life jackets on board for every person on board and more," he said. "There were plenty of life jackets on board. The life jackets had nothing to do with this incident."

Nassau County Detective Lt. John Azzata said the cause remained under investigation but possibilities include the weather, overcrowding and a wake from another vessel. He said the area was busy with boaters watching the fireworks.

Boater Scott Menzies, who said he positioned his 20-foot motor boat in the area to take in the celebration but didn't see the accident, said conditions on the water were calm during the fireworks and afterward. The National Weather Service said a thunderstorm moved through the area about 20 minutes after the first 911 call and winds never exceeded 10 to 15 mph.

The boat's skipper, Sal Aureliano, told TV's News12 Long Island on Thursday that he saw two lightning bolts and then a wave suddenly hit the yacht off Oyster Bay, on the north shore of Long Island.

"It turned the boat around," he said, his voice cracking. "It just turned the boat. I didn't see it. It was dark. I didn't see it."

Killed were Aureliano's nephew David Aureliano, 12, and two girls, Harley Treanor, 11, and Victoria Gaines, 8. No serious injuries were reported by the 24 passengers who were rescued from the water, mostly by fellow boaters.

The Silverton yacht was built in 1984. The manufacturer has since gone out of business. Safety experts said most boats have manufacturer's plates that list capacity by number of adults and by total weight. So, theoretically, a boat could safely handle more passengers if some were children.

Margaret Podlich, the president of the Boat Owners Association of the U.S., the largest recreational boating organization in the country, called the tragedy a "teachable moment."

"It would be very shortsighted of any of us boaters not to try to learn something from this," she said.

Scott Croft, a spokesman for the boating organization, said there are often mishaps and mistakes during the crowded Fourth of July holiday on the water.

"When fireworks end, our switchboard lights up like a Christmas tree," with problems from boaters, he said.

Each Fourth of July, vessels crowd the Long Island Sound shoreline to watch public and private fireworks displays. When the shows end, the exodus can be the nautical equivalent of a highway traffic jam.

Source: http://news.yahoo.com/sunken-ny-yacht-raised-may-offer-clues-205705458.html

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Source: http://news.yahoo.com/global-shares-pressured-growth-worries-despite-stimulus-focus-003513607--finance.html

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Two Month-Old Game Show Clip Becomes a GOP Focus Group of One

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Source: http://news.yahoo.com/two-month-old-game-show-clip-becomes-gop-211319287.html

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Digital album sales up; Adele's '21' still No. 1

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Source: http://news.yahoo.com/digital-album-sales-adeles-21-still-no-1-011451656.html

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Wednesday, July 4, 2012

ECB to trim interest rates, but no more

European Central Bank President Mario Draghi arrives for an EU Summit in Brussels on Thursday, June 28, 2012. European leaders gathering Thursday in Brussels are set to sign off on a series of measures to boost economic growth but expectations of a breakthrough on the pooling of debt have fallen by the wayside. (AP Photo/Michel Euler)

European Central Bank President Mario Draghi arrives for an EU Summit in Brussels on Thursday, June 28, 2012. European leaders gathering Thursday in Brussels are set to sign off on a series of measures to boost economic growth but expectations of a breakthrough on the pooling of debt have fallen by the wayside. (AP Photo/Michel Euler)

(AP) ? Europe's sinking economy and wobbly banks could get modest help Thursday from an interest rate cut by the European Central Bank.

Economists think the ECB will cut its benchmark refinancing rate by at least a quarter point to 0.75 percent, a record low. On Tuesday, the rising expectation of a rate cut helped lift stock markets in Europe, which have been rallying since European leaders last week announced new measures to fight the continent's debt crisis.

The ECB is likely to hold off from more aggressive measures, such as new cheap loans to banks. Its president, Mario Draghi, has said there is only so much the central bank can do and that it was up to Europe's politicians to restore confidence in the 17-country eurozone.

European leaders agreed at a summit in Brussels last week to create a banking regulator under the ECB's aegis with the power to rescue banks directly. The goal is to spare single governments from being overwhelmed by the costs of rescuing banks and to make it easier for them to access Europe-wide bailout funds.

The measures exceeded financial markets' hopes and triggered a drop in borrowing rates for financially troubled Spain and Italy.

Economic indicators have pointed down since the ECB's last rate-setting meeting June 7, when Draghi conceded that there were risks to the bank's forecast for a modest recovery this year. He also said a rate cut had been discussed at that meeting.

The ECB's refinancing rate is what banks pay when they borrow from the ECB and therefore influences the cost of loans to the wider economy.

Marie Diron, an economist at Oxford Economics and an advisor for Ernst & Young LLP, said a rate cut was clearly warranted and would help confidence but might not increase growth that much.

"It will probably not help a great deal, but it will show that the ECB is on top of things, is aware of the potential severity of the situation, that the eurozone is shrinking and that the risks are on the downside," she said.

A lower refinancing rate would reduce what banks are paying on ?1 trillion ($1.26 trillion) in 3-year, emergency loans that the ECB doled out on Dec. 21 and Feb. 29. Banks have been using that money to buy government bonds or other investments bearing higher interest, so a cheaper rate would increase their profits.

But that is about as far as the ECB is likely to go. Analysts think it will not issue more emergency loans to banks in part to keep a fire lit under governments to keep moving with reforms of their economies and of the institutional foundations of the euro.

"The ECB wants to maintain pressure on governments and banks," wrote Commerzbank analyst Michael Schubert in a note to investors.

The eurozone economy stagnated in the first quarter, meaning it avoided a technical recession, defined as two consecutive quarters of economic contraction. However, it is widely expected to shrink in the second and third quarters.

Analysts at Capital Economics expect the eurozone economy to shrink by 1 percent this year. That would be significantly worse than the relatively mild 0.3 percent contraction foreseen by the EU's executive commission.

Other central banks are also expected to step in to support economic growth, which has been slowing across the globe. Analysts predict the Bank of England will reopen its program of buying government bonds from banks. The goal is to increase the amount of money flowing through the economy, improving banks' ability to lend. The Bank of England's policy committee will make a decision on Thursday.

In the U.S., the most recent economic data showed the manufacturing sector contracted for the first time since the country was in recession three years ago, fueling speculation that the Federal Reserve may consider more stimulus, as well. At its June policy meeting it said it would extend its Operation Twist, in which it sells short-term bonds and buys longer-term securities to push down long-term rates, until the end of the year using $267 billion.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-07-03-European%20Central%20Bank/id-b202f797c92c41f5b8405ccc0520f275

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Tuesday, July 3, 2012

Skytex announces Gemini and Protos: ICS tablets that sound like X-Men

Skytex announces Gemini and Protos ICS tablets that sound like XMen

Last time we saw Skytex, it was serving up a warm slice of Windows 7 on its tablets. Now, it's back with a pair of Androids, one under each arm. The Skypad Protos ($279) is 9.7 inches of Ice Cream Sandwich, while the Skypad Gemini ($179) measures in at just 7. Both slates run on 1.2GHz Cortex A8 silicon, shacked-up with a Mali 400 GPU. Other internals include 8GB storage, and 1GB or RAM, HDMI and a microSD card slot for expansion (up to 32GB). The larger Protos has an IPS screen, and a pair of cameras (5- and 2-megapixels) while the smaller Gemini just has the one (2-megapixel). It's not all about what's inside those box these days, as both also come with 5GB of cloud storage, showing these slates know what's on trend right now. With competition getting intense at the cheaper end of the scale, though, is there enough to get your credit card out when they start shipping this month?

Continue reading Skytex announces Gemini and Protos: ICS tablets that sound like X-Men

Skytex announces Gemini and Protos: ICS tablets that sound like X-Men originally appeared on Engadget on Tue, 03 Jul 2012 06:58:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2012/07/03/skytex-announces-gemini-and-protos-ics-tablets/

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Bees shed light on human sweet perception and metabolic disorders

Monday, July 2, 2012

Scientists at Arizona State University have discovered that honey bees may teach us about basic connections between taste perception and metabolic disorders in humans. By experimenting with honey bee genetics, researchers have identified connections between sugar sensitivity, diabetic physiology and carbohydrate metabolism. Bees and humans may partially share these connections.

In a study published in the open-access journal PLoS Genetics (Public Library of Science), Gro Amdam, an associate professor, and Ying Wang, a research scientist, in the School of Life Sciences in ASU's College of Liberal Arts and Sciences, explain how for the first time, they've successfully inactivated two genes in the bees' "master regulator" module that controls food-related behaviors. By doing so, researchers discovered a possible molecular link between sweet taste perception and the state of internal energy.

"A bee's sensitivity to sugar reveals her attitude towards food, how old the bee is when she starts searching for nectar and pollen, and which kind of food she prefers to collect," said Wang, lead author of the paper. "By suppressing these two 'master' genes, we discovered that bees can become more sensitive to sweet taste. But interestingly, those bees also had very high blood sugar levels, and low levels of insulin, much like people who have Type 1 diabetes."

In Amdam's honey bee lab at ASU, scientists suppressed two genes including vitellogenin, which is similar to a human gene called apolipoprotein B, and ultraspiracle, which partners with an insect hormone that has some functions in common with the human thyroid hormone. The team is the first in the world to accomplish this double gene-suppressing technique. Researchers used this method to understand how the master regulator works.

"Now, if one can use the bees to understand how taste perception and metabolic syndromes are connected, it's a very useful tool," said Amdam, who also has a honey bee laboratory at the Norwegian University of Life Sciences. "Most of what we know about deficits in human perceptions is from people who are very sick or have had a brain trauma. We know shockingly little about people in this area."

The researchers are now considering how, exactly, the bees' sweet taste was enhanced by the experiment. The most metabolically active tissue of the bee, called the fat body, may hold the key. The fat body is similar to the liver and abdominal fat in humans, in that it helps store nutrients and create energy.

Amdam explains that taste perception evolved as a survival mechanism, for bees as well as for people. For example, bitter foods may be poisonous or sweet taste may signal foods rich in calories for energy. For all animals, taste perception must communicate properly with one's internal energetic state to control food intake and maintain normal life functions. Without this, poorly functioning taste perception can contribute to unhealthy eating behaviors and metabolic diseases such as diabetes and obesity.

"From this study, we realized we can take advantage of honey bees in understanding how food-related behaviors interact with internal metabolism, as well as how to manipulate these food-related behaviors in order to control metabolic disorders," added Amdam.

###

Arizona State University: http://asunews.asu.edu/

Thanks to Arizona State University for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

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Source: http://www.labspaces.net/121388/Bees_shed_light_on_human_sweet_perception_and_metabolic_disorders

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