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November 2009

Business Broker

Traditionally, the broker provides a conventional full-service, commission-based brokerage relationship under a signed agreement with a seller or "buyer representation" agreement with a buyer. In most states this creates, under common law, an agency relationship with fiduciary obligations. Some states also have statutes which define and control the nature of the representation and have specific business broker licensing requirements.

In some states of the USA, business brokers act as transactions brokers. A transaction broker represents neither party as an agent, but works to facilitate the transaction and deals with both parties on the same level of trust. Most states that operate business transactions as Transactions Brokers also operate Real Estate transactions as Transaction Brokers.

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Adult Halloween Costumes

Adult Halloween Costumes

One custom which persists in modern-day day Ireland is the baking (or more often nowadays the purchase) of a barmbrack (Irish "báirín breac"), which is a light fruit cake into which a plain ring is placed before baking. It is said that those who get a ring will find their true love in the ensuing year. See also king cake.

Scotland, having a shared Gaelic culture and language with Ireland, has celebrated the festival of Samhain (Pronounced Sow-win) robustly for many centuries. The autumn festival is pre-Christian Celtic in origin, and is known in Scottish Gaelic as Oidhche Shamhna the “End of Summer”. During the fire festival, souls of the dead wander the earth and are free to return to the mortal world until dawn. Traditionally bonfires and lanterns (samhnag) in Scottish Gaelic, would be lit to ward off the phantoms and evil spirits that emerge at midnight. The term Samhainn or Samhuinn is used for the harvest feast, and an t-Samhain is used for the entire month of November.

Study: New device improves heart failure survival

ORLANDO, Fla. – Doctors say that a new type of heart pump greatly improves survival of people with severe heart failure. It could become the first one of these devices to be widely used as a permanent treatment.
The device is implanted next to a patient's own heart to help it pump. In a study, the new device increased by four times the number of patients who survived at least two years, compared to an older pump that is used now just for short periods to keep people alive until a heart transplant can be done.
The big issue is cost. The pump costs $80,000, plus $45,000 for the surgery and hospital stay to implant it.
"It will allow older people who are not heart transplant patients to stay alive but at a higher cost. It's all about who's going to pay," said Cleveland Clinic heart chief Dr. Steven Nissen, who had no role in the research.
The device — called the HeartMate II and made by Thoratec Corp. of Pleasanton, Calif. — is the first of a new generation of smaller pumps that push blood continuously rather than simulating a heartbeat as older pumps do. A wire from the patient's abdomen connects the device to a small computer and batteries the patient wears in a belt pack.
The pump was approved last year for use in people waiting for a transplant. The new study tested it in very sick heart failure patients not eligible for a transplant.
It enrolled 200 people as young as 26 and as old as 81 at several sites in the United States. Two-thirds got the new device; the rest received an older HeartMate pump. After two years, 46 percent of those on the new pump and 11 percent of those on the old one were alive without having suffered a stroke or needing an operation to fix or replace the device.
Results were presented Tuesday at an American Heart Association conference and published by the New England Journal of Medicine.
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On the Net:
New England Journal: http://www.nejm.org

GOP senators talk of boycotting climate bill

WASHINGTON – A threatened Republican boycott of a Senate committee's consideration of climate legislation is exposing the sharp partisan divide over a Democratic proposal to combat global warming.
Republicans for the most part plan to stay away from a meeting of the Senate Environment and Public Works Committee on Tuesday as the panel begins deliberations over legislation that would cap greenhouse gases from power and industrial plants and curb the use of fossil fuels.
Democrats have a 12-7 majority in the committee and enough votes to advance the measure to the full Senate. But GOP members are demanding additional studies on the cost and job impact of the bill, arguing that an analysis by the Environmental Protection Agency was inadequate. The EPA study projected it would cost average households no more than $111 a year.
On Monday, the ranking Republicans on five other committees that will have some say in climate legislation also called the EPA analysis unsatisfactory and said senators should not be expected to vote on a bill "without a full and complete analysis of the likely effects."
The Republicans warned in a letter to Sen. Barbara Boxer, D-Calif., the environment committee chairman, that failure to accommodate GOP senators seeking further studies "would severely damage rather than help" the chances of getting the bipartisan support needed to get a bill through the Senate.
Boxer called the EPA cost study "unprecedented in scope" and said it didn't matter that it was largely based on an analysis of the House-passed climate bill because "our bill is 90 percent the same."
Boxer told reporters late Monday she wants to try to accommodate the Republicans, but insisted she will push ahead with plans to begin voting on amendments to the bill. But when those votes will start was unclear. Boxer said Tuesday would be limited to senators' remarks, and said she will make officials from the EPA available so Republicans can quiz them about their cost study.
"We think this is going the extra mile for our friends on the other side," Boxer told reporters. "We want to move the process forward."
The Democratic bill calls for cutting greenhouse gas emissions from power plants and industrial facilities 20 percent by 2020 and 83 percent by mid-century. Polluters would be given pollution permits that they could trade among themselves to ease the economic effect of the transition from fossil fuels.
Republicans have argued the bill amounts to a huge energy tax because energy, including electricity, from fossil fuels will become more expensive.
Democrats privately called the GOP tactic largely an attempt to delay consideration of climate legislation and said all seven of the committee's Republicans already had made clear that they have no intention of voting for the bill.
While Boxer said she hoped the Republicans would change their minds and participate, Sen. Frank Lautenberg, D-N.J., another committee member, wasn't as kind at a news conference.
"It's almost like schoolchildren over there," said Lautenberg, referring to the GOP boycott.

UBS posts 564 mln francs loss for third quarter

ZURICH (AFP) –
Swiss banking giant UBS plunged into further losses of 564 million francs (373 million euros, 552 million dollars) for the third quarter, but said it expected its situation to improve in coming months.

"Having stabilized the bank?s financial condition and resized the business, UBS expects to see further progress in restoring the underlying profitability of the business in future quarters, particularly in 2010," said the bank in its quarterly earnings statement.

The Zurich-based bank, one of the biggest losers in the global financial crisis, has been struggling to recover.

While several other international banks have posted sharp profits for the quarter, UBS posted its fourth quarterly loss in a row on Tuesday.

The bank also failed to stem an outflow of funds, with customers withdrawing assets amounting to 36.7 billion francs over the three months ending September 30.

"The bank does not expect an immediate recovery in client net new money flows, and the impact of low interest rates on net interest income continues to hold back revenues, especially in Wealth Management and Swiss Bank," it said.

As for its investment bank unit, which has been blamed for much of the losses during the crisis, UBS said its fourth quarter results will reflect the "early stage of its recovery."

Ex-con charged in 4 fatal shootings in 'Mayberry'

MOUNT AIRY, N.C. – A soured love affair may have led an ex-convict to gun down four men in the town that inspired the idyllic community of Mayberry on the 1960s TV series "The Andy Griffith Show," police said Monday.
Marcos Chavez Gonzalez, 29, was charged with four counts of murder in the slayings late Sunday outside a television store in Mount Airy, about 100 miles north of Charlotte.
The four were shot with a high-powered assault rifle outside Wood's TV, in the shadow of a water tower that says "Welcome to Mount Airy" and has a picture of Griffith and Opie, his son on the show.
Police do not believe the shootings were random. Mount Airy Police Chief Dale Watson said officers are investigating several leads, including whether it was a contract killing or repercussions from a love affair gone bad.
"This is Mayberry ... Andy Griffith's house is in spitting distance here," said Michael Wood, one of the owners of Wood's TV.
The town, population 8,700, has built a tourist trade on nostalgia for the show that continues to thrive in syndication.
Watson identified the victims — all residents of the town — as Victor Alfonso Martinez-Jimenez, 22; Javier Manuel Martinez, 21; Juan Manuel Martinez, 26; and Marcos Oviedo Aguliar, 21.
Michelle Oviedo, 21, said her boyfriend and brother were among the dead and the alleged shooter is her mother's boyfriend. She said she was sitting on her porch not far from Wood's TV when she heard the gunshots.
"When I got there, Javier and my brother were already gone," she said. "They were on top of each other."
Jose Armando Hernandez, 46, said through a translator that three of the victims were his nephews. He said his family is "destroyed" over the deaths, which he said stemmed from a problem with a woman.
Gonzalez was arrested without incident at a motel about 50 miles northeast of the town, Henry County, Va., Sheriff Lane Perry said. He was unarmed when he surrendered just before 4 a.m. to officers who had surrounded the motel.
He was extradited from Virginia and was being held in the Surry County jail. Jail workers said it was not clear whether he had an attorney.
Watson said 16 shots were fired but the assault rifle had not been found.
"It was quite a crime scene," he said.
State prison records show Gonzalez was released more than two years ago after serving more than two years on a 2002 conviction for kidnapping a minor and a probation violation.
State records show the felony kidnapping charge required Gonzalez to register as a sex offender. North Carolina's post-release supervision of Gonzalez ended in June 2006 when he returned to prison after failing to stay in contact with a probation officer, Correction Department spokesman Keith Acree said.
Nursing supervisor Sue Coe at Northern Hospital of Surry County confirmed that two people died at the store around 2:30 p.m. Sunday. She said two who were wounded died at the hospital, just across the street from the store.
By Monday, someone had set up a makeshift memorial with flowers. Mourners gathered there and some women lay on the ground crying. Someone christened the memorial with a bottle of Corona beer, which sat half empty next to brightly colored candles with photos of saints on them.

Gary Chilton, an owner of Chilton Insurance Group, which shares the building with Wood's TV, said the crime is an anomaly. Andy Griffith doesn't live there any more, but the town is still quiet.

"I'm not sure it's totally sunk in because it's so unusual. On any given Sunday there is nothing here in this parking lot. There's nothing here at all," he said. "My biggest question is why in this parking lot at all. Why Wood's TV parking lot?"

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Associated Press writers Emery Dalesio in Raleigh and Mitch Weiss in Charlotte contributed to this report.

Inventory Software

Computer software is often regarded as anything but hardware, meaning that the "hard" are the parts that are tangible while the "soft" part is the intangible objects inside the computer. Software encompasses an extremely wide array of products and technologies developed using different techniques like programming languages, scripting languages or even microcode or a FPGA state. The types of software include web pages developed by technologies like HTML, PHP, Perl, JSP, ASP.NET, XML, and desktop applications like OpenOffice, Microsoft Word developed by technologies like C, C++, Java, C#, etc. Software usually runs on an underlying software operating systems such as the Linux or Microsoft Windows. Software also includes video games and the logic systems of modern consumer devices such as automobiles, televisions, toasters, etc.

Computer software is so called to distinguish it from computer hardware, which encompasses the physical interconnections and devices required to store and execute (or run) the software. At the lowest level, software consists of a machine language specific to an individual processor. A machine language consists of groups of binary values signifying processor instructions that change the state of the computer from its preceding state. Software is an ordered sequence of instructions for changing the state of the computer hardware in a particular sequence. It is usually written in high-level programming languages that are easier and more efficient for humans to use (closer to natural language) than machine language. High-level languages are compiled or interpreted into machine language object code. Software may also be written in an assembly language, essentially, a mnemonic representation of a machine language using a natural language alphabet. Assembly language must be assembled into object code via an assembler.

Inventory Software

Obama warns Afghan president: Time for new chapter

WASHINGTON – President Barack Obama greeted Hamid Karzai's election victory with as much admonishment as praise on Monday, pointedly advising America's partner in war he must make more serious efforts to end corruption in Afghanistan's government and prepare his nation to ultimately defend itself.
"I emphasized that this has to be a point in time in which we begin to write a new chapter," Obama said in describing his phone call to the Afghan president. When Karzai offered back assurances, Obama said he told him that "the proof is not going to be in words. It's going to be in deeds."
Obama's message of stern solidarity came as he considers sending tens of thousands more U.S. troops into the war zone in Karzai's country.
Karzai won a second term Monday when competitor Abdullah Abdullah pulled out of the Nov. 7 runoff, suggesting it would be doomed by fraud just as the first voting in August was. The handling of the first election cost Karzai in international credibility.
Yet the White House put its weight behind the legitimacy of the final outcome after helping to broker a runoff that never happened. Obama called the process "messy" but said Karzai won in accordance with Afghan law. The White House repeatedly said Abdullah had pulled out for his own political and personal reasons.
The collapse of the planned run-off increases pressure on the Obama administration to quickly end its lengthy deliberations about whether to commit more U.S. forces to a worsening war. Obama may announce his revamped war strategy, including a decision on sending more troops, early next week before a planned overseas trip.
White House press secretary Robert Gibbs acknowledged that Karzai's win by default is a factor in the coming decision about troops but did not say the timetable for an announcement has changed. The administration continues to say it will happen in the "coming weeks."
In recounting his call to Karzai, Obama spent most of his time saying what he expects from his fellow president: more diligent efforts to end corruption, cooperation in accelerating the training of Afghan security forces, tangible benefits in the lives of the Afghan people.
Those aren't just Obama's standards. He is under pressure to show Congress and the public that the U.S. is dealing with a trustworthy partner, particularly if it is going to send more troops there. Many Americans have grown weary of the war and are questioning its worth.
About 68,000 U.S. troops are already in Afghanistan, where October was the deadliest month for U.S. forces. Several thousands NATO troops from various countries are also committed to a war that has stretched into its ninth year and is focused on combatting insurgents and dismantling al-Qaida terrorists.
Obama said Karzai needs to "take advantage of the international community's interest in his country."
Indeed, the White House made clear that the election gave Karzai legal legitimacy but not necessarily any new boost of credibility.
"Nobody has ever made the accusation that credibility was going to be had simply out of one election," Gibbs said.
Relieved U.S. officials said the outcome accomplished two main objectives that have been part of weeks of strategy discussion in Washington: The results yielded finality to a messy process and came only after Karzai acknowledged the illegitimacy of the original balloting.
Knowledge that Karzai would continue at the helm of the Afghan government changed little in the administration's calculus, at least in terms of pushing for reform and anti-corruption and counter-narcotics efforts, said officials who have been involved in strategy discussions. The U.S. government feels the outcome gives it continued leverage to push for reform in Karzai's political house, the officials said.
They spoke on condition of anonymity because Obama has not announced his decision on strategy and troops.
Karzai has led Afghanistan since U.S. forces invaded to oust the Taliban in 2001. He won election in 2004, and his latest victory will give him another five-year mandate.
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Associated Press writers Anne Gearan and Matthew Lee contributed to this story.