Saturday, June 30, 2012

Michael Bridges joins Wright State University trustees

Michael Bridges, president and CEO of Peerless Technologies Corp., has been appointed to the Wright State University Board of Trustees.

Michael Bridges, president and CEO of Peerless Technologies Corp., has been appointed to the Wright State University?

Ohio Gov. John Kasich announced the appointment Wednesday. Bridges? term on the board is effective July 1 and lasts for nine years. He replaces Robert Nevin who rotated off the board in June after nine years of service.

Bridges, a 1981 Wright State alumnus, founded Peerless Technologies in 2000. In little more than a decade, the military-focused research and consulting firm has expanded to include more than 200 employees and operations in 10 states.

?Wright State has always been a community focused on building and educating leaders,? Bridges said. ?Every student brings their individual talents to their educational experience. I look forward to continuing to encourage and enable those talents and helping to continue to create entrepreneurs and leaders for our region and its future.?

Bridges has served on a board at Aileron and presently is on the board at The Entrepreneurs Center in Dayton. He is also on a congressional National Security Advisory Committee.

E-mail lenglehart@bizjournals.com. Call (937) 528-4426. Twitter.com/lenglehartDBJ

Source: http://feedproxy.google.com/~r/vertical_13/~3/1Oa5jQzdqts/michael-bridges-joins-wright-state.html

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Friday, June 29, 2012

NBA: RT @Hornets: LIVE NOW: Hornets get set to introduce Anthony Davis and Austin Rivers at noon. | http://t.co/iL1TXto8

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Source: http://twitter.com/NBA/statuses/218750781313130497

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EU President: European leaders agree on tighter long-term union

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Source: http://www.kens5.com/news/world/160781845.html

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Mid-TN Today: Jared Ashley Signs Deal with Blaster Entertainment

Epiphone Guitars & Hick Stuff Already On Board With Endorsement Deals


Rising country music artist, Jared Ashley, has signed an exclusive management deal with Ohio-based Blaster Entertainment, one of the country?s leading talent management and entertainment organizations.

In addition, Epiphone Guitars and Hick Stuff Apparel have come aboard with endorsement deals that will wrap Ashley?s bus and support his extensive 2012 touring plans. Ashley, an unsigned recording artist, is the only artist in the U.S. to receive these exclusive endorsements.

?Jared Ashley is an incredibly talented writer and performer,? said Tom Porter, CEO of Blaster Entertainment. ?We are thrilled to have such a hard-working young artist on our roster.?

L to R: Jim Rosenberg (President of Epiphone), Grady Saxman (Drums), Jared Ashley,?

Dave Berryman (President of Gibson) and Michael Elsner (Guitar).


Most recently nominated as the Georgia Music Awards? Country Male Artist of the Year, the Newnan-bred singer/songwriter?s independently released, self-titled debut album features fan favorites as ?Stained,? ?Last Train to Memphis? and ?It?s Your Fault,? along with the Lee Brice-penned, ?Knee Deep in a River.? Ashley, an alumni finalist on ?Nashville Star,? has been touring extensively ever since amassing a substantial fan base through the show.

Blaster Entertainment is an umbrella organization with four key divisions including Blaster Music, Blaster Sports, Blaster Media & Marketing, and Blaster Merchandise. Music industry management clients include Lilian Garcia and Jared Ashley. Artists signed to Blaster?s record label division include Hank Williams Jr., Neal McCoy, Aaron Lewis and Brother Trouble.

Epiphone joins several top industry brands endorsing Ashley, including GHS Strings and Eminence. Epiphone has long been a leader in the musical instrument sector, offering such classics as the Epiphone Masterbilt acoustic and Epiphone Les Paul electric guitars. GHS Strings makes strings for a wide variety of musical instruments including fretted acoustic instruments, electric and classical guitar.

Hick Stuff is quickly becoming the hottest new apparel amongst music artists and celebrities. From Jason Aldean picking some pieces up at the recent Grammy Lounge to actor Kevin Costner and motorcycle ?outlaw? Jessie James following the brand on Twitter, Hick Stuff is rising fast as the apparel to wear. Hick Stuff will include exclusive Jared Ashley products to be distributed and sold at major festivals and tour venues throughout the year.

Source: http://www.midtntoday.com/2012/06/jared-ashley-signs-deal-with-blaster.html

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NYC family in Israel: US remains land of 'freedom'

JERUSALEM ? It was in August 2011 when the Goldstein family decided it was time to give up what America had to offer and move their life more than 5,500 miles away to Israel.

Aviva and Seth Goldstein left their families and a fantastic life in the Bronx for what is perceived by many as a country torn by war and conflict.

One year after their move you couldn't find a happier and more enthusiastic family in Jerusalem. Aviva's huge and warm smile doesn?t vanish from her face as she juggles a move to a new apartment and raising three girls: Aliana, 7, Tahila, 5, and Liba, 3.

For Aviva and Seth coming to Israel wasn?t about finding a greener pasture somewhere else? ?? but as Jews they felt like not coming to the Holy Land was like standing on the sidelines of history. It was always a place that just called to them, where they dreamed of living.

As the Goldstein family lay down a nice picnic spread near the old Jerusalem railway tracks, an area dubbed as the Israeli version of New York City's High Line, I asked Aviva and Seth what America represents for them and what role America has in the world today.


"The first thing that would come to mind when you think of America is liberty and freedom," Seth said. "I don?t think the U.S. has retreated from that identity and I don't think it lost a piece of that identity. I think it stands for freedom and democracy [now] as much as ever.?

NBC News

Aviva and Seth Goldstein with their three daughters in Jerusalem.

"For me," Aviva said, "America is also freedom and liberty. But I think that there is a big piece of America that?s comfort, with liberty and security, and that there is mobility within that.?

'Economic opportunity'
Both Aviva and Seth have had careers in education, but at this point Aviva described herself as a "full time mom," while Seth works at the Shalem Center, a research institute in Jerusalem. ?

"I think America stands for economic opportunity as well,? Seth said. "Also for all sorts of religious opportunities, that go hand-in- hand with freedom. It really is a place that you can grow in all sorts of uninhibited ways and be successful in all sorts of remarkable ways.?

How did they think the wars in Iraq and Afghanistan changed America?

"I think it stretched America's finances and it reminded the world that America stands for something more than just isolating itself in a bubble, but that it has a responsibility to the rest of the world," Seth said. "The extent that America was involved in it is a reflection of its sense of responsibility to other nations, to other people, to humanity."

NBC News speaks with citizens from around the globe, asking the question, 'What Does America Mean to You?'

Aviva also believed the U.S. involvement in Iraq and Afghanistan was a positive thing.? "I think that as Jews, who always had an interest in Israeli world politics, I think it was easier for us to see the evil," said Aviva.? "I think we?re used to being stuck with really bad neighbors,? so on some level it was good that America was involved."

As for their three girls, Aviva said the move has just caused them all to flourish,? even though they miss their grandparents. "Thank God for iPads," Aviva said. She was referring to the fact they can see and talk to their family back in the U.S. almost for free using the device and the Internet.

"Coming here is the fulfillment of a dream," Aviva explained. "I remember when we were dating 10 years ago, walking the streets of Manhattan fantasying about raising our unborn children in Jerusalem and now it's our reality. It's nothing short of a miracle."

This story is part of a series by msnbc.com and NBC News "What the World Thinks of US". The series aims to check the pulse on current perceptions of America's global stature during the election year and ahead of our annual Independence Day.

Share your thoughts about this story and our series on Twitter using #AmericaMeans?

For many Pakistanis, 'USA' means 'drones'?

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In South Africa: 'My head says China is number one, my heart says America'

Not all Thais are Gaga about America

Palestinian: US supports 'an apartheid system that is suffocating us'

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Thursday, June 28, 2012

Kuo Lab's Research Creates a New Prognosis Tool for Deadly Brain ...

Madison, Wisconsin - A diagnosis of glioblastoma multiforme (GBM) is generally a death sentence, but new research from the University of Wisconsin School of Medicine and Public Health lab of Dr. John Kuo, MD, PhD, shows that at least one subtype is associated with a longer life expectancy.

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This discovery could help with better patient prognoses and lead to targeted drug treatments for the cancer subtypes.

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John KuoPeople diagnosed with GBM live on average less than 15 months after diagnosis, even after undergoing aggressive surgery, radiation and chemotherapy. But not all GBM cancers are the same, and Kuo's study outlines a new method for sub-typing GBM tumor lines by the proteins they express.

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The July issue of the journal Clinical Cancer Research highlighted the research with a commentary by Dr. Jeremy Rich, of the Cleveland Clinic, who wrote that the School of Medicine and Public Health study changes the current understanding of the cancer stem cells believed to drive this type of cancer.

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The paper, published early online, shows that people who have a subtype of GBM that expresses a particular protein, known for short as CNP, may have a less aggressive subtype of cancer. The survival rate for those with the subtype is sometimes measured in years, not months.?

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The group isolated tumor lines from five human patients and grew them in the lab, and then looked for biomarkers specific to each line. They later transplanted the tissue into the brains of mice with compromised immune systems.

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The researchers also looked for the CNP subtype in samples from 115 human patients and then looked at data on survival rates for those patients. They found that some patients with the protein lived much longer, as long as 10 years after diagnosis.

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"We found that this protein was correlated with a less invasive type of cancer in mice, and when we looked at samples of human tumors, remarkably, we also found that the less invasive tumors expressed the CNP protein," says Kuo, assistant professor of neurological surgery and human oncology.

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Kuo, who directs the Comprehensive Brain Tumor Program for the UW Carbone Cancer Center, says the sub-typing could lead to more accurate prognosis for patients with a GBM diagnosis. Currently, most sub-typing of GBM tumors is based on mRNA, which can be difficult to do. But Kuo says that most hospitals can run assays for proteins, making the test simpler and easier.

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In addition, says Michael Zorniak, Kuo's graduate student and lead author on the paper, the new way of typing tumors could lead to designer chemotherapy for GBM.

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"As we understand how tumors are differentiated, we can start devising personalized therapies that are targeted to the specific sub-type of cancer," he says. "This can help us gain leverage against this difficult cancer."

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For example, researchers could create monoclonal antibodies that bind only to the CNP type of cancer, in the way that some subtypes of breast cancer are currently targeted.

Date Published: 06/27/2012


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Buyer beware: Things that can go wrong with a real estate transaction

KRISTIN BROWN-ORR ? Any real estate sale is fraught with intricacies too numerous to count. Every sale is different, with different buyers, different sellers, and different intermediaries. It?s no wonder people find the process so daunting, so full of legalities, documentation, and fine print.

As a home buyer, the more you know about what can go wrong with your real estate purchase, the more prepared you will be to protect your interests. Here are just a few of the problems you could encounter during a home purchase.

Failed home inspection.
If the home you are buying does not pass muster in an inspection, due to health or safety concerns, the seller should fix these issues or extend you a credit or discount on the sale price so that you can have them fixed. If he or she refuses to do so, you have the right to cancel the sale and search for a new home.

Poorly motivated seller. If the seller?s heart is not in the sale, he or she might be prone to missing or canceling appraisals and inspections ? all of which could threaten your purchase.

Seller hasn?t found a new home to move into. If a seller has trouble finding a replacement property and refuses to consider temporary arrangements, you might find yourself in a tricky timing situation ? particularly if you have a closing date on the home you are leaving. Are you prepared to wait it out in temporary housing while you wait for the seller to move out?

Title Issues.
If your seller owes money on the property you are buying, either for repayment of a debt, failure to pay taxes, or because money is owed for work completed on the property, creditors with an interest in that property may take out a lien, rendering the seller unable to sell until those debts are repaid. Meanwhile, the purchase is on hold.

Seller fails to make agreed upon repairs.
If the seller has contractually promised to deliver the property to you in a certain condition and fails to deliver, you have the right to terminate the contract, if you are not prepared to accept the property ?as is.? An alternative to this situation is to talk to your attorney or real estate agent about either requesting a sum of money to complete the fixes yourself, or requesting a hold back ? cash set aside until the work is complete.

Most traditional real estate transactions proceed smoothly, but being aware of the potential pitfalls will give you a leg up on any problems that could arise. That means doing your homework to be aware of your risks.

During the transaction, stay informed to be on the lookout for red flags and keep a watchful eye on the process and you?ll be prepared to address problems immediately and enjoy the home of your dreams.

Tomorrow, also see Brown-Orr?s: ?Seller take care: Things that can go wrong with a real estate transaction?

Source: Kristin Brown-Orr has been a real estate agent with for Coldwell Banker Residential Brokerage in Lexington, MA for nearly a decade, working with buyers, sellers and developers. Brown-Orr is also a contributing writer with Lexington Patch?s House & Home section.

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Wednesday, June 27, 2012

Merkel buries euro bonds as summit tension rises

BERLIN/PARIS (Reuters) - German Chancellor Angela Merkel sought to bury once and for all the idea of common euro zone bonds on Tuesday, saying Europe would not share total debt liability "as long as I live", as the bloc's big four finance ministers met to narrow differences on how to solve a worsening debt crisis.

Two days before a crucial European Union summit, European Council President Herman Van Rompuy released a seven-page report on closer fiscal and banking union envisaging a euro zone treasury that would issue common debt in the medium term.

Merkel immediately stamped on the idea of mutualising debt - favored by France, Italy and Spain - at a meeting of lawmakers from her Free Democratic coalition partners in Berlin, according to people who attended the closed-door session.

"I don't see total debt liability as long as I live," she was quoted as saying, a day after branding the idea of euro bonds "economically wrong and counterproductive".

However Germany, the EU's biggest economy and paymaster, appeared ready to budge on using the euro zone's rescue funds more flexibly to help banks and reassure investors spooked by an increased risk of facing write-downs on government bonds.

The parties in Merkel's centre-right coalition proposed allowing a new permanent rescue fund, known as the European Stability Mechanism (ESM), to funnel aid directly to national bank rescue funds, according to a draft seen by Reuters.

That could spare governments like Spain's some of the political stigma of a bailout, although the loans would still be on the state's balance sheet, increasing its debt, and would still be subject to strict conditions.

More significantly, conservative floor leader Volker Kauder told another meeting of lawmakers that euro zone governments were discussing making it possible to remove preferred creditor status from the ESM rescue fund, participants said.

Neither Merkel nor Finance Minister Wolfgang Schaeuble, who insisted on that treaty clause to make private bondholders take first losses in any future debt restructuring by bailed-out states, spoke out in favor of such a move, the sources said.

The provision has scared investors off buying Spanish debt since Madrid was promised a bailout of up to 100 billion euros ($125 billion) for its debt-stricken banks, since they fear a possible "haircut", driving bond yields up to alarm levels.

TENSIONS

Political tensions were already rising before word emerged of Merkel's dismissive comments.

Italian Prime Minister Mario Monti told parliament he would not just rubber stamp conclusions of the EU summit on Thursday and Friday and was ready to go on negotiating into Sunday evening if necessary to agree on measures to calm markets.

Cyprus, which on Monday became the fifth euro zone member to request a bailout, suffered a blow to its pride when the European Central Bank announced it would no longer accept the country's bonds as collateral - less than a week before Nicosia is due to assume the rotating EU presidency.

Euro zone finance ministers will hold a conference call on the Spanish and Cypriot aid requests on Wednesday, EU officials said.

Before that, finance ministers of the four biggest economies - Germany, France, Italy and Spain - were to discuss in Paris on Tuesday evening short-term crisis management and the proposals for closer long-term budgetary and banking integration.

Financial markets are on edge and international pressure for decisive action is rising but the summit, the 20th since the bloc's debt problems began in early 2010, is not expected to produce a lasting solution.

The finance ministers' session in Paris was called at such short notice - in an apparent rush to repair damage from a public rift between Merkel and leaders of the other three states when they met in Rome last Friday - that one finance minister's press staff only learned of the invitation on Tuesday morning.

The four finance chiefs were expected to seek more common ground before Merkel and French President Francois Hollande hold a pre-summit meeting on Wednesday.

HALF ITS ECONOMY

Cyprus, the 17-nation currency area's third smallest economy with just 1 million residents, added drama to a fraught week by applying for rescue loans on Monday.

Two euro zone sources said the East Mediterranean island, with an outsize financial sector heavily exposed to neighboring Greece, may need up to 10 billion euros in emergency financing, more than half its 17.3 billion euro annual output and equating to 10,000 euros per Cypriot.

While the sum is easily within the range of the European Financial Stability Facility (EFSF) bailout fund, it sets an awkward precedent and may lead to demands for private bondholders to take a write-down as they did in Greece.

Cyprus needs to plug a 1.8 billion euro capital shortfall in its second largest lender by June 30. Potential aid could be more comprehensive to cover fiscal requirements, Finance Minister Vassos Shiarly told Reuters.

Nicosia takes over the EU presidency for six months on July 1. But in Frankfurt, an ECB spokesman said that a downgrade of the Cyprus credit rating into speculative grade territory by all accepted rating agencies meant that Cypriot government securities no longer fulfilled the creditworthiness requirement.

This means banks cannot offer Cyprus government bonds in return for cash loans from the ECB.

Nicosia is believed to have applied to the EU for aid after exhausting attempts to secure loans from either China or Russia, a close ally, in an apparent effort to avoid the tough conditions and intrusive monitoring of an EU/IMF program.

"The exact number has not been decided yet. It was to be 6 billion for the state financing and 2 billion for the banks but that is optimistic - it is more likely to be seven and three - up to 10 billion euros in total," one euro zone official said.

On Monday, Spain formally requested up to 100 billion euros in rescue loans to recapitalize a banking sector that is weighed down by bad loans from a burst real estate bubble.

It is seeking to avoid the political humiliation and partial loss of sovereignty involved in a full state bailout program of the kind granted to Greece, Ireland and Portugal, even though the IMF and EU authorities will still have to monitor the aid.

Spanish and Italian bond yields rose again on Tuesday as skepticism set in before the EU summit. Spain had to pay the highest yields since last November to sell 3.08 billion euros in short-term debt as demand from its ailing banks dwindled.

CONTAGION

Investors want to see bold moves to underpin the European currency union and halt the inexorable contagion from one debt-stricken country to another. But with 27 EU countries and 17 in the euro zone, quick steps are one thing Europe can't take.

The Brussels summit is expected to agree on a growth package pushed by France worth around 130 billion euros ($162 billion) in infrastructure project bonds, reallocated regional aid funds and European Investment Bank loans.

Leaders will also discuss proposals for a banking union but while they are likely to agree to give the ECB power to supervise big cross-border banks, Merkel is resisting any joint deposit guarantee or common bank resolution fund.

In Washington, U.S. Treasury Under Secretary Lael Brainard, who has been handling financial diplomacy with Europe, urged EU leaders to put "more flesh on the bones" of their plans for tackling the debt crisis at this week's summit.

(Additional reporting by Michele Kambas in Nicosia, Jan Strupczewski in Brussels, Catherine Hornby in Rome, Georgina Prodhan in Vienna, Lesley Wroughton and Chrystia Freedland in Washington; writing by Paul Taylor and David Stamp; Editing by Paul Taylor)

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Charlie Sheen Denies Hotel Room-Trashing Allegations


Charlie Sheen says he's a changed man who is no longer winning. But it may take awhile before the public believes him.

The actor's rep has come out and shoot down reports that Sheen repeated his performance from October 2010, when he trashed a NYC hotel room and got into it with a call girl while on a trip with his ex-wife and two daughters.

This time, once again, Sheen has been accused of abandoning Denise Richards and his kids in favor of a wild party at the Ritz-Carlton with female escorts. HOWEVER....

Charlie Sheen Red Carpet Pic

... Sheen's rep tells Us Weekly that any such claim is simply false:

"Charlie did not trash his hotel room. He checked in to room 2207 on Friday and checked out of room 2207 today. Charlie was not told that he is no longer welcome at the Ritz Carlton."

A spokesperson for the Ritz-Carlton Hotel Company also backs this story, saying: "The hotel room was in pristine condition on Friday, June 22 and remains so today Tuesday, June 26.

"Should Mr. Sheen wish to book a room in any Ritz-Carlton hotel in the portfolio, we would be delighted to host his stay."

Okay then. This is probably very good news for Sheen's comeback attempt (his new FX series, Anger Management, premieres tomorrow night), but far more boring news for celebrity gossip sites around the world.

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Tropical Storm Debby puts damper on Fla. vacations

ST. GEORGE ISLAND, Fla. (AP) ? Debby, the guest that wouldn't leave, is ruining things for a lot of other visitors.

Vacationers were wearing ponchos instead of swimsuits at the peak of the summer season because of the tropical storm, which has drenched Florida for at least four days straight like a giant shower head set up over the state's Gulf Coast. Debby has dumped as much as 26 inches of rain in some spots.

Disney World wasn't as crowded as usual, and one of its water parks closed because of the soggy, windy weather. Also, Sea World closed early on Monday.

Along the Florida Panhandle, where Debby sat offshore nearly motionless for days, the parking lot at the 100-room Buccaneer Inn was empty because of a power outage ahead of the usually big pre-July Fourth weekend.

"We've had bad luck on this island," said the inn's vice president, JoAnn Shiver. "We've had Dennis. We've had Katrina. We had the oil spill."

In a state where the biggest attractions are the sand and the sun, Debby forced many to make other plans.

Douglas and Carolyn Green of Nashville, Tenn., were supposed to spend a week on St. George Island with three generations of family, but arrived to find the electricity was out and the bridge closed to non-residents for fear of looters. They spent Monday night in nearby Apalachicola, and then all nine relatives headed to Fort Walton Beach.

"We never saw the island," said Douglas Green. "We're moving on. Plan B, I guess you'd call it."

Debby finally blew ashore Tuesday afternoon near Steinhatchee in the Big Bend area, the crook of Florida's elbow. It had sustained winds near 40 mph, barely a tropical storm. It is expected to cross the state and head into the Atlantic on Wednesday afternoon.

Several areas in northern Florida have received more than 10 inches of rain, and forecasters said southeastern Georgia could expect the same. Wakulla, an area in northwestern Florida known for camping and canoeing, has gotten more than 26 inches.

A woman was killed in a tornado spun off from the storm, and a man disappeared in the rough surf over the weekend in Alabama. The storm knocked out power to 250,000 homes and business since it began over the weekend, but electricity had been restored to all but about 35,000 customers. Debby has caused mostly scattered flooding, but forecasters warned it could get worse.

"Even though the winds are coming down, the rain threat continues," said James Franklin at the National Hurricane Center. "We expect another 4 to 8 inches, in some of these areas up in north Florida, in particular."

President Barack Obama called Florida Gov. Rick Scott and promised the state will have "no unmet needs" as it deals with the flooding, White House spokesman Jay Carney said.

In New Port Richey, a suburb about 30 miles north of Tampa, most of the 170-plus elevated homes at the Suncoast Gateway park for retirees had water underneath them. Several dozen homeowners decided to stay, despite having no electricity or tap water.

Some of those who left returned by kayak to collect their belongings.

Luisa Santoro decided to flee on Tuesday. Wearing rubber boots, she returned briefly to get her cat.

"My cat is atop the furniture," she said in Spanish, adding that her home was dry but that she feared a swollen retention pond nearby would rise further.

Portions of Interstate 10, the main east-west highway across northern Florida, were shut down because of flooding.

In Apalachicola, the hugely popular Boss Oyster restaurant was closed for the third day in a row after the rain overwhelmed the sewers and knocked out drinking water.

"We've taken a hit," said manager Matthew Bouzemann, adding that normally up to 800 customers a day would be coming in for the oysters.

In the Panama City Beach area, there was no exodus of tourists, said Jennifer Jenkins, executive director for the Gulf County tourism council. But it wasn't business as usual.

"I think most people went to the grocery store, maybe bought some board games and just decided to hang out till it's over," she said.

___

Associated Press writers Tamara Lush in New Port Richey, Tony Winton in Miami, Melissa Nelson in Pensacola and Ken Thomas aboard Air Force One contributed to this report.

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Tuesday, June 26, 2012

Crown Plastics: Creating Brand Awareness for Automotive Engineers

Crown Plastics Co., Harrison, Ohio, continues to create DuraSurf? brand awareness among automotive manufacturers. Crown?s recently published Transportation Brochure for automotive engineers highlights key usages for its DuraSurf? BSR and ETA tapes in automotive design. DuraSurf? UHMW polyethylene offers high abrasion resistance, durability, and low coefficient of friction, excellent qualities in materials designed to reduce noise and vibration. BSR (buzz-squeak-rattle) thin-gauge and ETA (easy-to-apply) thick-gauge tapes stick to almost any surface and are easily die cut. The brochure identifies numerous interior and exterior locations where DuraSurf? tapes are already in use. Click here for a copy of the Transportation Brochure.

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More on Taxes and Foreclosures and Short Sales | The Niche Report

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(TheNicheReport) ? The income tax consequences of foreclosure and short sales have been the subject of much interest due to the mortgage crisis. This article will provide an overview of the major Federal income tax issues. However, it is not intended to provide advice on specific situations. Rather it will help real estate and mortgage advisors become more valuable assets to their clients by better understanding when to refer borrowers for professional assistance.

The fundamental concept is the Federal rule about Cancellation of Debt Income (CODI). Briefly, debt that is cancelled or forgiven generally results in ordinary income to the debtor, unless an exception, such as bankruptcy, insolvency, 2007 Relief Act, etc. applies. For unsecured debt the application of this rule is quite straightforward. If a man owes $25,000 on a credit card and settles with the issuer for $5,000, the man has $20,000 of CODI, which is ordinary income added to all his other income for the year.

However, for secured debts such as home loans, the application is much more complicated. For undisputed debts, CODI will only occur if fair market value is less than the loan balance and the debt is recourse (borrower personally liable).

The apparent simplicity of the determining fair market value is deceptive. The unanswered questions are who determines value, and what the standard is. [Section 580a of California?s Code of Civil Procedure (CCP) provides for a hearing to determine fair market value. But that hearing is normally only used in the rare cases of judicial foreclosures seeking deficiency judgments; this at least suggests that non-judicial foreclosures can never have deficiencies, as there is no 580a hearing.] Lender Form 1099 show values that suggest little concern with accuracy, e.g., a recent 1099 showing a value of $777,777.77.

The more complex legal question is whether the loan is recourse or non-recourse. Loans can be recourse (or not) by contract or by operation of law. Essentially all home loans are recourse by their terms. So to become non-recourse, it must be by operation of law (or by agreement). Here, it is important to note that the I.R.S. allows recourse to change to non-recourse without being a taxable event, and the character at the time of the debt cancellation that controls. Recourse status must be determined under state law, so there can be different results (and tax consequences) for different states. In California two sections of law interact to determine a lender?s ability to pursue the home borrower personally. CCP 726, the Security First rule, requires the lender to foreclose before it can proceed against a borrower personally. Lenders violating this law can lose both the security and the loan.

The other laws affecting recourse are the anti-deficiency laws. These prevent the lender from pursuing the borrower personally after the triggering event. Nearly half the states have anti-deficiency laws. California?s include CCP 580b (any purchase money primary residence loan foreclosure), CCP 580d (non-judicial foreclosure of real estate secured loans), and CCP 580e (residential short sales). [Note: as of June 2011, CCP 580e applies to 1-4 unit residential firsts and seconds in short sales.]

The combined effect of these two sections of law in California (and states with comparable laws) is to prevent residential lenders from ever acquiring the right to proceed against the borrower personally. CCP 726 requires the lenders to proceed against the property before the borrower. After foreclosure CCP 580d bars any personal action against the borrower. So at no time can residential lenders proceed personally against the borrower. [In the virtually unheard-of event that a lender tries a judicial foreclosure, the lender still does not acquire the right to pursue the borrower personally until after foreclosure and a CCP 580a hearing to determine fair market value and whether any deficiency exists.] Caution: different analysis will apply in the case of a ?sold-out junior?; where the first has foreclosed, the second deed of trust then becomes ?legally worthless? and not subject to the Security First rule. Purchase loans for primary residences (including seconds) are protected by 580b even in judicial foreclosures.

The foregoing determinations can have a critical effect on the borrower?s tax liability (or lack). If the loan is non-recourse at the time of the cancellation of the mortgage debt, the U.S. Supreme Court ruled in Tufts v. Commissioner (1983) that the disposition is treated as a sale for the outstanding balance of the mortgage. However, this rule only applies where there is a disposition of the home (e.g., foreclosure or short sale); a loan modification or settlement, in which the borrower retains the property, can result in CODI if one of the exceptions does not apply.

This analysis has been limited to California law. Other states may have comparable provisions. Borrowers should seek an attorney?s opinion for the result in those states, as state law may determine whether a loan is non-recourse. This article does not address the consequences of other alternatives, such as deeds in lieu.

By becoming familiar with the rules for their states, brokers and other advisors are in a position to refer borrowers for professional assistance and recognize improper reporting by lenders after foreclosures or short sales. ?If a borrower receives a Form 1099 from the lender showing erroneous recourse status or fair market value, the first step is to write the lender requesting a correction. If the lender refuses or fails to respond, the borrower?s tax preparer should report the disposition correctly and attach an explanation of why the lender 1099 is incorrect. While brokers and others in the real estate field should not offer firm conclusions on these tax issues, a basic knowledge of this area will make them a valuable resource to refer clients to qualified tax advisors familiar with the state?s laws.

By William P. Matz, B.S., J.D., LL.M. Attorney/broker William P. Matz focuses his law practice on real estate, finance, and tax. Having also run an active mortgage business since 1992, he has a unique perspective on the mortgage crisis. He practices in Windsor, CA 95492, (707) 837-2161 ext. 121.

Short URL: http://www.thenichereport.com/?p=9620

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The Dark Underbelly of Home Improvement | the home tome

or: When Home Improvement Makes you Hyperventilate

or: Home Improvement Projects that you are Unexpectedly Forced Into

or: Home Improvement Projects that have no Style Aspect and Are Therefore Not even Remotely Fun

Though I think this has a certain?vintage charm,
this pipe is apparently not supposed to look like this.

or: When the Plumber Estimate Increases by 1000% in the Course of Seven Minutes

or: Fun Fact: Did You Know that Chimneys Aren?t Just for Fireplaces? They Lead from your Furnace and Hot Water Heater, Too!

or: Corrosion: Pipes gone Bad

This is a chimney. I never even noticed it before.
Turns out it?s not supposed to be rusty.

or: Gulp

or: What About that New Guest Bed/Car/Sandwich I was Saving Up For?

or: Did I Somehow Invite a Costly Plumbing Crisis by Declaring it Home Improvement (HIMP) Month?

or: Did We Not Hug our House Enough?

Well, as you can see, I have had some trouble deciding what to call today?s installment. Once I got finished brainstorming titles, I didn?t have any energy left to write an actual post. Suffice it to say that what?s going on in our basement (and up through the roof) isn?t pretty ? let?s just hope those new pipes are made of pure gold?

I repeat: have you hugged your house today? (Not to be an alarmist, but IF YOU DON?T MAKE NICE-NICE WITH YOUR HOUSE IT COULD SUDDENLY TURN ON YOU?)

***

Stay tuned for more HIMP Month Madness: Details on getting our house?s interior painted from white to?drumroll?wait for it?white, fabulous guest bloggers, and a tutorial on tools that you would be a tool to miss.

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Hooters-style restaurants experiencing a mini-boom

NEW YORK (AP) ? The waitresses at Twin Peaks wear skimpy plaid tops that accentuate their chests. In case you didn't catch the joke, the chain's logo is an image of two pointy, snow-capped mountains. And the sports bar doesn't stop there: It promises "scenic views."

Twin Peaks owner Randy DeWitt downplays all of that and insists that the appeal of the restaurant goes beyond the obvious. Hearty meals and a focus on making customers feel special, he says, are what really keeps them coming back.

"We believe in feeding the ego before feeding the stomach," he says. Or as the website of the mountain lodge-themed restaurant states, "Twin Peaks is about you, 'cause you're the man!"

Twin Peaks is part of a booming niche in the beleaguered restaurant industry known as "breastaurants," or sports bars that feature scantily clad waitresses. These small chains operate in the tradition of Hooters, which pioneered the concept in the 1980s but has struggled in recent years to stay fresh.

Instead of relying on lust alone, the new crop of restaurants is growing by offering new themes (think: rustic lodges and Celtic pubs) and varied menus (think: pot roast and shepherd's pie instead of just burgers and wings). In other words, they're hoping maybe people really are coming in for the food.

The nation's top three "breastaurant" chains behind Hooters each had sales growth of 30 percent or more last year, according to Technomic, a food industry research firm. They still represent less than 1 percent of the nation's top restaurants, but the upstart chains are benefitting as other mid-priced options like Applebee's and Bennigan's have experienced declines during the economic downturn.

"The younger crowds want to go to a newer place, not where mom and dad took them," says Darren Tristano, an analyst at Technomic.

Tovan Adams says he frequents Tilted Kilt Pub & Eatery in Tempe, Ariz., where waitresses wear matching tartan mini-skirts and bras that fit in with the restaurant's Celtic theme. He even brings his daughters, ages 6 and 9, with him for lunch.

"If you come in the evening, you'll see a lot of kids here," says Adams, an electric engineer who likes the menu's variety. "Everyone's still got their clothes on. If you go to the beach, it's a lot worse than being here."

Lynette Marmolejo, a college admissions worker, dropped in at the Tilted Kilt for the first time recently. She likes that the restaurant is dominated by the "corporate crowd" rather than the "college crowd." And she says the half-dressed waitresses don't bother her.

"Prices and the food ? if those are good, I don't care what anybody's wearing," Marmolejo says.

Tilted Kilt, which serves dishes such as shepherd's pie and "Irish nachos" (potato chips instead of corn tortillas), had annual sales of $124 million last year, reflecting growth of 33 percent. And by the end of this year, the company expects to have 95 locations, up from 57 at the end of last year.

That growth is one reason Tilted Kilt CEO Rod Lynch, bristles at the "breastaurant" moniker. He says the word implies that the company's success is based purely on sex appeal. To the contrary, he says his customers ? about three-quarters of whom are men and of the average age of 36 ? consistently say the experience is about far more.

Tilted Kilt doesn't go so far to call itself a family restaurant. But Lynch understands the risks of crossing a certain line.

"We want to be very PG-13," he says. Its "class in all things" motto also means servers can't have tattoos, piercings or dyed hair.

Rose Dimov, a 22-year-old waitress at Tilted Kilt, says her job is no different from any other waitressing gig; make guests feel special and ensure they have a good time. As an aspiring ballroom dancer, she also says she's not fazed by the revealing outfit that comes with the job.

"Going to a restaurant should be an experience," Dimov says. "We're entertainers."

Although the name might suggest otherwise, the owner of Mugs N Jugs in Clearwater, Fla., says his place also is like any ordinary restaurant with entertainment. Sam Ahmad says his game room, pool table and karaoke are why 40 percent of his customers are families.

Sales at the restaurant grew to $3 million in 2008, from $700,000 in 1998, Ahmad says, but have since declined because of the recession. After selling a second location to a franchisee last year, Ahmad is looking to find others who want to open franchise locations under the Mugs N Jugs banner.

As for the tank tops and shorts the waitresses wear, Ahmad says they don't reveal too much. And those photos on the Mugs N Jugs website showing waitresses leaning over a pool table? Ahmad explains they are purely for marketing purposes.

"They're at an angle because they're at a pool table," he says. "When you're in the restaurant, you won't see that. She'll be standing."

Taking a cue from its much smaller rivals, Hooters is also making changes.

The company opened its first location in 1983 in Clearwater, Fla., with waitresses sporting the now famous tiny orange shorts and tight white tank tops. The chain grew rapidly at first but has struggled in recent years. Sales have fallen steadily since peaking in 2007 at $960 million, as the menu and decor grew stale.

Last year, a group of private investors bought the chain of 365 restaurants and decided to try to revive the business. In February, Hooters opened a renovated location in Atlanta to showcase its new look with upgraded TVs, an outdoor bar and a covered patio. Remodeling is slated for another six to eight restaurants this year.

In April, Hooters also beefed up its menu with items that include a Baja burger, buffalo chicken sliders and a spinach and shrimp salad. The idea is to offer dishes that draw new customers, says David Henninger, Hooters' chief marketing officer. Currently, more than three quarters of Hooters customers are male, with an average age of 45.

As part of the effort to improve its image, Henninger says Hooters is looking to showcase the life stories of its servers, many of whom are studying to go on to professional careers.

"The public can be misinformed about what we do," says Henninger, who was hired this year. "They jump to their own conclusions."

Without explaining how, he says the "curious" name of the restaurant could easily be misinterpreted. He says that the name is "part of the fun" and is about being "in on the joke."

No matter how hard they try to open their doors to a broader audience, Hooters and its rivals remain the subject of criticism. "If it's an adult entertainment business, that's fine," says Mona Lisa Wallace, president of the San Francisco chapter of the National Organization for Women. "Where they're crossing the line is when they expose young children to the objectification of women."

Not every chain is defensive about the reputation of breastaurants.

At Twin Peaks, based in Addison, Texas, sales last year grew 35 percent to $44 million from the previous year, according to Technomic. Owner DeWitt touts the 22-restaurant chain's amenities but is under no illusions about the main attraction.

Waitresses, for instance, vary their costumes for special occasions. Around the holidays, servers dress up like Santa's little helpers. Around Easter, they dress up like bunnies.

"We hire only spectacular talent," says DeWitt. "They have to fit into that costume."

___

AP Writer Terry Tang contributed from Tempe, Ariz.

Follow Candice Choi at www.twitter.com/candicechoi

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Sunday, June 24, 2012

_brandoc: I just ousted @33photo as the mayor of Terminal D on @foursquare! http://t.co/hiTSkYbX

Sorry, Readability was unable to parse this page for content.

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ScienceDaily: Biochemistry News

ScienceDaily: Biochemistry Newshttp://www.sciencedaily.com/news/matter_energy/biochemistry/ Read the latest research in biochemistry -- protein structure and function, RNA and DNA, enzymes and biosynthesis and more biochemistry news.en-usSat, 23 Jun 2012 14:54:58 EDTSat, 23 Jun 2012 14:54:58 EDT60ScienceDaily: Biochemistry Newshttp://www.sciencedaily.com/images/logosmall.gifhttp://www.sciencedaily.com/news/matter_energy/biochemistry/ For more science articles, visit ScienceDaily.Oxygen 'sensor' may shut down DNA transcriptionhttp://www.sciencedaily.com/releases/2012/06/120619092935.htm A key component found in an ancient anaerobic microorganism may serve as a sensor to detect potentially fatal oxygen, researchers have found. This helps researchers learn more about the function of these components, called iron-sulfur clusters, which occur in different parts of cells in all living creatures.Tue, 19 Jun 2012 09:29:29 EDThttp://www.sciencedaily.com/releases/2012/06/120619092935.htmChemists use nanopores to detect DNA damagehttp://www.sciencedaily.com/releases/2012/06/120618153427.htm Scientists are racing to sequence DNA faster and cheaper than ever by passing strands of the genetic material through molecule-sized pores. Now, scientists have adapted this ?nanopore? method to find DNA damage that can lead to mutations and disease.Mon, 18 Jun 2012 15:34:34 EDThttp://www.sciencedaily.com/releases/2012/06/120618153427.htmCarbon is key for getting algae to pump out more oilhttp://www.sciencedaily.com/releases/2012/06/120618111830.htm Overturning two long-held misconceptions about oil production in algae, scientists show that ramping up the microbes' overall metabolism by feeding them more carbon increases oil production as the organisms continue to grow. The findings may point to new ways to turn photosynthetic green algae into tiny "green factories" for producing raw materials for alternative fuels.Mon, 18 Jun 2012 11:18:18 EDThttp://www.sciencedaily.com/releases/2012/06/120618111830.htmIonic liquid improves speed and efficiency of hydrogen-producing catalysthttp://www.sciencedaily.com/releases/2012/06/120616145535.htm The design of a nature-inspired material that can make energy-storing hydrogen gas has gone holistic. Usually, tweaking the design of this particular catalyst -- a work in progress for cheaper, better fuel cells -- results in either faster or more energy efficient production but not both. Now, researchers have found a condition that creates hydrogen faster without a loss in efficiency.Sat, 16 Jun 2012 14:55:55 EDThttp://www.sciencedaily.com/releases/2012/06/120616145535.htmNanoparticles hold promise to improve blood cancer treatmenthttp://www.sciencedaily.com/releases/2012/06/120615204741.htm Researchers have engineered nanoparticles that show great promise for the treatment of multiple myeloma (MM), an incurable cancer of the plasma cells in bone marrow.Fri, 15 Jun 2012 20:47:47 EDThttp://www.sciencedaily.com/releases/2012/06/120615204741.htmImproving high-tech medical scannershttp://www.sciencedaily.com/releases/2012/06/120613153331.htm A powerful color-based imaging technique is making the jump from remote sensing to the operating room. Scientists are working to ensure it performs as well when spotting cancer cells in the body as it does with oil spills in the ocean.Wed, 13 Jun 2012 15:33:33 EDThttp://www.sciencedaily.com/releases/2012/06/120613153331.htmScientists synthesize first genetically evolved semiconductor materialhttp://www.sciencedaily.com/releases/2012/06/120613133341.htm In the not-too-distant future, scientists may be able to use DNA to grow their own specialized materials, thanks to the concept of directed evolution. Scientists have, for the first time, used genetic engineering and molecular evolution to develop the enzymatic synthesis of a semiconductor.Wed, 13 Jun 2012 13:33:33 EDThttp://www.sciencedaily.com/releases/2012/06/120613133341.htmNew energy source for future medical implants: Sugarhttp://www.sciencedaily.com/releases/2012/06/120613133150.htm An implantable fuel cell could power neural prosthetics that help patients regain control of limbs. Engineers have developed a fuel cell that runs on the same sugar that powers human cells: glucose. This glucose fuel cell could be used to drive highly efficient brain implants of the future, which could help paralyzed patients move their arms and legs again.Wed, 13 Jun 2012 13:31:31 EDThttp://www.sciencedaily.com/releases/2012/06/120613133150.htmLittle mighty creature of the ocean inspires strong new material for medical implants and armourhttp://www.sciencedaily.com/releases/2012/06/120613102130.htm A scientist may be onto an ocean of discovery because of his research into a little sea creature called the mantis shrimp. The research is likely to lead to making ceramics -- today's preferred material for medical implants and military body armour -- many times stronger. The mantis shrimp's can shatter aquarium glass and crab shells alike.Wed, 13 Jun 2012 10:21:21 EDThttp://www.sciencedaily.com/releases/2012/06/120613102130.htmProtein residues kiss, don't tell: Genomes reveal contacts, scientists refine methods for protein-folding predictionhttp://www.sciencedaily.com/releases/2012/06/120612145139.htm Researchers have created a computational tool to help predict how proteins fold by finding amino acid pairs that are distant in sequence but change together. Protein interactions offer clues to the treatment of disease, including cancer.Tue, 12 Jun 2012 14:51:51 EDThttp://www.sciencedaily.com/releases/2012/06/120612145139.htmPotential carbon capture role for new CO2-absorbing materialhttp://www.sciencedaily.com/releases/2012/06/120612101458.htm A novel porous material that has unique carbon dioxide retention properties has just been developed.Tue, 12 Jun 2012 10:14:14 EDThttp://www.sciencedaily.com/releases/2012/06/120612101458.htmWorkings behind promising inexpensive catalyst revealedhttp://www.sciencedaily.com/releases/2012/06/120611193636.htm A newly developed carbon nanotube material could help lower the cost of fuel cells, catalytic converters and similar energy-related technologies by delivering a substitute for expensive platinum catalysts.Mon, 11 Jun 2012 19:36:36 EDThttp://www.sciencedaily.com/releases/2012/06/120611193636.htmNanoparticles in polluted air, smoke & nanotechnology products have serious impact on healthhttp://www.sciencedaily.com/releases/2012/06/120611105311.htm New groundbreaking research has found that exposure to nanoparticles can have a serious impact on health, linking it to rheumatoid arthritis and the development of other serious autoimmune diseases. The findings have health and safety implications for the manufacture, use and ultimate disposal of nanotechnology products and materials. They also identified new cellular targets for the development of potential drug therapies in combating the development of autoimmune diseases.Mon, 11 Jun 2012 10:53:53 EDThttp://www.sciencedaily.com/releases/2012/06/120611105311.htmA SMART(er) way to track influenzahttp://www.sciencedaily.com/releases/2012/06/120611092345.htm Researchers have created a reliable and fast flu-detection test that can be carried in a first-aid kit. The novel prototype device isolates influenza RNA using a combination of magnetics and microfluidics, then amplifies and detects probes bound to the RNA. The technology could lead to real-time tracking of influenza.Mon, 11 Jun 2012 09:23:23 EDThttp://www.sciencedaily.com/releases/2012/06/120611092345.htmResearchers watch tiny living machines self-assemblehttp://www.sciencedaily.com/releases/2012/06/120610151304.htm Enabling bioengineers to design new molecular machines for nanotechnology applications is one of the possible outcomes of a new study. Scientists have developed a new approach to visualize how proteins assemble, which may also significantly aid our understanding of diseases such as Alzheimer's and Parkinson's, which are caused by errors in assembly.Sun, 10 Jun 2012 15:13:13 EDThttp://www.sciencedaily.com/releases/2012/06/120610151304.htmPhotosynthesis: A new way of looking at photosystem IIhttp://www.sciencedaily.com/releases/2012/06/120606155808.htm Using ultrafast, intensely bright pulses of X-rays scientists have obtained the first ever images at room temperature of photosystem II, a protein complex critical for photosynthesis and future artificial photosynthetic systems.Wed, 06 Jun 2012 15:58:58 EDThttp://www.sciencedaily.com/releases/2012/06/120606155808.htm1 million billion billion billion billion billion billion: Number of undiscovered drugshttp://www.sciencedaily.com/releases/2012/06/120606132316.htm A new voyage into "chemical space" ? occupied not by stars and planets but substances that could become useful in everyday life ? has concluded that scientists have synthesized barely one tenth of one percent of potential medicines. The report estimates that the actual number of these so-called "small molecules" could be one novemdecillion (that's one with 60 zeroes), more than some estimates of the number of stars in the universe.Wed, 06 Jun 2012 13:23:23 EDThttp://www.sciencedaily.com/releases/2012/06/120606132316.htmHalogen bonding helps design new drugshttp://www.sciencedaily.com/releases/2012/06/120605121639.htm Halogens particularly chlorine, bromine, and iodine ? have a unique quality which allows them to positively influence the interaction between molecules. This ?halogen bonding? has been employed in the area of materials science for some time, but is only now finding applications in the life sciences.Tue, 05 Jun 2012 12:16:16 EDThttp://www.sciencedaily.com/releases/2012/06/120605121639.htmFaster, more sensitive photodetector created by tricking graphenehttp://www.sciencedaily.com/releases/2012/06/120605102842.htm Researchers have developed a highly sensitive detector of infrared light that can be used in applications ranging from detection of chemical and biochemical weapons from a distance and better airport body scanners to chemical analysis in the laboratory and studying the structure of the universe through new telescopes.Tue, 05 Jun 2012 10:28:28 EDThttp://www.sciencedaily.com/releases/2012/06/120605102842.htmFilming life in the fast lanehttp://www.sciencedaily.com/releases/2012/06/120604092858.htm A new microscope enabled scientists to film a fruit fly embryo, in 3D, from when it was about two-and-a-half hours old until it walked away from the microscope as a larva.Mon, 04 Jun 2012 09:28:28 EDThttp://www.sciencedaily.com/releases/2012/06/120604092858.htmExpanding the genetic alphabet may be easier than previously thoughthttp://www.sciencedaily.com/releases/2012/06/120603191722.htm A new study suggests that the replication process for DNA -- the genetic instructions for living organisms that is composed of four bases (C, G, A and T) -- is more open to unnatural letters than had previously been thought. An expanded "DNA alphabet" could carry more information than natural DNA, potentially coding for a much wider range of molecules and enabling a variety of powerful applications, from precise molecular probes and nanomachines to useful new life forms.Sun, 03 Jun 2012 19:17:17 EDThttp://www.sciencedaily.com/releases/2012/06/120603191722.htmNanotechnology breakthrough could dramatically improve medical testshttp://www.sciencedaily.com/releases/2012/05/120531165752.htm A laboratory test used to detect disease and perform biological research could be made more than 3 million times more sensitive, according to researchers who combined standard biological tools with a breakthrough in nanotechnology.Thu, 31 May 2012 16:57:57 EDThttp://www.sciencedaily.com/releases/2012/05/120531165752.htmX-ray laser probes biomolecules to individual atomshttp://www.sciencedaily.com/releases/2012/05/120531145728.htm Scientists have demonstrated how the world's most powerful X-ray laser can assist in cracking the structures of biomolecules, and in the processes helped to pioneer critical new investigative avenues in biology.Thu, 31 May 2012 14:57:57 EDThttp://www.sciencedaily.com/releases/2012/05/120531145728.htmBuilding molecular 'cages' to fight diseasehttp://www.sciencedaily.com/releases/2012/05/120531145720.htm Biochemists have designed specialized proteins that assemble themselves to form tiny molecular cages hundreds of times smaller than a single cell. The creation of these miniature structures may be the first step toward developing new methods of drug delivery or even designing artificial vaccines.Thu, 31 May 2012 14:57:57 EDThttp://www.sciencedaily.com/releases/2012/05/120531145720.htmFree-electron lasers reveal detailed architecture of proteinshttp://www.sciencedaily.com/releases/2012/05/120531145630.htm Ultrashort flashes of X-radiation allow atomic structures of macromolecules to be obtained even from tiny protein crystals.Thu, 31 May 2012 14:56:56 EDThttp://www.sciencedaily.com/releases/2012/05/120531145630.htmRewriting DNA to understand what it sayshttp://www.sciencedaily.com/releases/2012/05/120531102207.htm Our ability to "read" DNA has made tremendous progress in the past few decades, but the ability to understand and alter the genetic code, that is, to "rewrite" the DNA-encoded instructions, has lagged behind. A new study advances our understanding of the genetic code: It proposes a way of effectively introducing numerous carefully planned DNA segments into genomes of living cells and of testing the effects of these changes. New technology speeds up DNA "rewriting" and measures the effects of the changes in living cells.Thu, 31 May 2012 10:22:22 EDThttp://www.sciencedaily.com/releases/2012/05/120531102207.htmNanodevice manufacturing strategy using DNA 'Building blocks'http://www.sciencedaily.com/releases/2012/05/120530152203.htm Researchers have developed a method for building complex nanostructures out of interlocking DNA "building blocks" that can be programmed to assemble themselves into precisely designed shapes. With further development, the technology could one day enable the creation of new nanoscale devices that deliver drugs directly to disease sites.Wed, 30 May 2012 15:22:22 EDThttp://www.sciencedaily.com/releases/2012/05/120530152203.htmBioChip may make diagnosis of leukemia and HIV faster, cheaperhttp://www.sciencedaily.com/releases/2012/05/120530104034.htm Inexpensive, portable devices that can rapidly screen cells for leukemia or HIV may soon be possible thanks to a chip that can produce three-dimensional focusing of a stream of cells, according to researchers.Wed, 30 May 2012 10:40:40 EDThttp://www.sciencedaily.com/releases/2012/05/120530104034.htmCellular computers? Scientists train cells to perform boolean functionshttp://www.sciencedaily.com/releases/2012/05/120530100041.htm Scientists have engineered cells that behave like AND and OR Boolean logic gates, producing an output based on one or more unique inputs. This feat could eventually help researchers create computers that use cells as tiny circuits.Wed, 30 May 2012 10:00:00 EDThttp://www.sciencedaily.com/releases/2012/05/120530100041.htmIon-based electronic chip to control muscles: Entirely new circuit technology based on ions and moleculeshttp://www.sciencedaily.com/releases/2012/05/120529113543.htm An integrated chemical chip has just been developed. An advantage of chemical circuits is that the charge carrier consists of chemical substances with various functions. This means that we now have new opportunities to control and regulate the signal paths of cells in the human body. The chemical chip can control the delivery of the neurotransmitter acetylcholine. This enables chemical control of muscles, which are activated when they come into contact with acetylcholine.Tue, 29 May 2012 11:35:35 EDThttp://www.sciencedaily.com/releases/2012/05/120529113543.htmMethod for building artificial tissue devisedhttp://www.sciencedaily.com/releases/2012/05/120528154859.htm Physicists have developed a method that models biological cell-to-cell adhesion that could also have industrial applications.Mon, 28 May 2012 15:48:48 EDThttp://www.sciencedaily.com/releases/2012/05/120528154859.htmSmallest possible five-ringed structure made: 'Olympicene' molecule built using clever synthetic organic chemistryhttp://www.sciencedaily.com/releases/2012/05/120528100253.htm Scientists have created and imaged the smallest possible five-ringed structure -- about 100,000 times thinner than a human hair. Dubbed 'olympicene', the single molecule was brought to life in a picture thanks to a combination of clever synthetic chemistry and state-of-the-art imaging techniques.Mon, 28 May 2012 10:02:02 EDThttp://www.sciencedaily.com/releases/2012/05/120528100253.htm'Unzipped' carbon nanotubes could help energize fuel cells and batterieshttp://www.sciencedaily.com/releases/2012/05/120527153818.htm Multi-walled carbon nanotubes riddled with defects and impurities on the outside could replace some of the expensive platinum catalysts used in fuel cells and metal-air batteries, according to scientists.Sun, 27 May 2012 15:38:38 EDThttp://www.sciencedaily.com/releases/2012/05/120527153818.htmSuper-sensitive tests could detect diseases earlierhttp://www.sciencedaily.com/releases/2012/05/120527153718.htm Scientists have developed an ultra-sensitive test that should enable them to detect signs of a disease in its earliest stages.Sun, 27 May 2012 15:37:37 EDThttp://www.sciencedaily.com/releases/2012/05/120527153718.htmCell?s transport pods look like a molecular version of robots from Transformershttp://www.sciencedaily.com/releases/2012/05/120525103614.htm Images of the cell's transport pods have revealed a molecular version of the robots from Transformers. Previously, scientists had been able to create and determine the structure of 'cages' formed by parts of the protein coats that encase other types of vesicles, but this study was the first to obtain high-resolution images of complete vesicles, budded from a membrane.Fri, 25 May 2012 10:36:36 EDThttp://www.sciencedaily.com/releases/2012/05/120525103614.htmDiscarded data may hold the key to a sharper view of moleculeshttp://www.sciencedaily.com/releases/2012/05/120524143527.htm There's nothing like a new pair of eyeglasses to bring fine details into sharp relief. For scientists who study the large molecules of life from proteins to DNA, the equivalent of new lenses have come in the form of an advanced method for analyzing data from X-ray crystallography experiments.Thu, 24 May 2012 14:35:35 EDThttp://www.sciencedaily.com/releases/2012/05/120524143527.htmNewly modified nanoparticle opens window on future gene editing technologieshttp://www.sciencedaily.com/releases/2012/05/120524123232.htm Researchers are using nanoparticles to simultaneously deliver proteins and DNA into plant cells. The technology could allow more sophisticated and targeted editing of plant genomes. And that could help researchers develop crops that adapt to changing climates and resist pests.Thu, 24 May 2012 12:32:32 EDThttp://www.sciencedaily.com/releases/2012/05/120524123232.htmUnusual quantum effect discovered in earliest stages of photosynthesishttp://www.sciencedaily.com/releases/2012/05/120524092932.htm Quantum physics and plant biology seem like two branches of science that could not be more different, but surprisingly they may in fact be intimately tied. Scientists have discovered an unusual quantum effect in the earliest stages of photosynthesis.Thu, 24 May 2012 09:29:29 EDThttp://www.sciencedaily.com/releases/2012/05/120524092932.htmBig step toward quantum computing: Efficient and tunable interface for quantum networkshttp://www.sciencedaily.com/releases/2012/05/120523135527.htm Quantum computers may someday revolutionize the information world. But in order for quantum computers at distant locations to communicate with one another, they have to be linked together in a network. While several building blocks for a quantum computer have already been successfully tested in the laboratory, a network requires one additonal component: A reliable interface between computers and information channels. Austrian physicists now report the construction of an efficient and tunable interface for quantum networks.Wed, 23 May 2012 13:55:55 EDThttp://www.sciencedaily.com/releases/2012/05/120523135527.htmRapid DNA sequencing may soon be routine part of each patient's medical recordhttp://www.sciencedaily.com/releases/2012/05/120522152655.htm Rapid DNA sequencing may soon become a routine part of each individual's medical record, providing enormous information previously sequestered in the human genome's 3 billion nucleotide bases. Recent advances in sequencing technology using a tiny orifice known as a nanopore are covered in a new a article.Tue, 22 May 2012 15:26:26 EDThttp://www.sciencedaily.com/releases/2012/05/120522152655.htmMethod to strengthen proteins with polymershttp://www.sciencedaily.com/releases/2012/05/120521164104.htm Scientists have synthesized polymers to attach to proteins in order to stabilize them during shipping, storage and other activities. The study findings suggest that these polymers could be useful in stabilizing protein formulations.Mon, 21 May 2012 16:41:41 EDThttp://www.sciencedaily.com/releases/2012/05/120521164104.htmTotally RAD: Bioengineers create rewritable digital data storage in DNAhttp://www.sciencedaily.com/releases/2012/05/120521163751.htm Scientists have devised a method for repeatedly encoding, storing and erasing digital data within the DNA of living cells. In practical terms, they have devised the genetic equivalent of a binary digit -- a "bit" in data parlance.Mon, 21 May 2012 16:37:37 EDThttp://www.sciencedaily.com/releases/2012/05/120521163751.htmDon't like blood tests? New microscope uses rainbow of light to image the flow of individual blood cellshttp://www.sciencedaily.com/releases/2012/05/120521115654.htm Blood tests convey vital medical information, but the sight of a needle often causes anxiety and results take time. A new device however, can reveal much the same information as a traditional blood test in real-time, simply by shining a light through the skin. This portable optical instrument is able to provide high-resolution images of blood coursing through veins without the need for harsh fluorescent dyes.Mon, 21 May 2012 11:56:56 EDThttp://www.sciencedaily.com/releases/2012/05/120521115654.htmZooming in on bacterial weapons in 3-D: Structure of bacterial injection needles deciphered at atomic resolutionhttp://www.sciencedaily.com/releases/2012/05/120521103808.htm The plague, bacterial dysentery, and cholera have one thing in common: These dangerous diseases are caused by bacteria which infect their host using a sophisticated injection apparatus. Through needle-like structures, they release molecular agents into their host cell, thereby evading the immune response. Researchers have now elucidated the structure of such a needle at atomic resolution. Their findings might contribute to drug tailoring and the development of strategies which specifically prevent the infection process.Mon, 21 May 2012 10:38:38 EDThttp://www.sciencedaily.com/releases/2012/05/120521103808.htmEngineers use droplet microfluidics to create glucose-sensing microbeadshttp://www.sciencedaily.com/releases/2012/05/120518132657.htm Tiny beads may act as minimally invasive glucose sensors for a variety of applications in cell culture systems and tissue engineering.Fri, 18 May 2012 13:26:26 EDThttp://www.sciencedaily.com/releases/2012/05/120518132657.htmChemists merge experimentation with theory in understanding of water moleculehttp://www.sciencedaily.com/releases/2012/05/120518081147.htm Using newly developed imaging technology, chemists have confirmed years of theoretical assumptions about water molecules, the most abundant and one of the most frequently studied substances on Earth.Fri, 18 May 2012 08:11:11 EDThttp://www.sciencedaily.com/releases/2012/05/120518081147.htmDiamond used to produce graphene quantum dots and nano-ribbons of controlled structurehttp://www.sciencedaily.com/releases/2012/05/120517193141.htm Researchers have come closer to solving an old challenge of producing graphene quantum dots of controlled shape and size at large densities, which could revolutionize electronics and optoelectronics.Thu, 17 May 2012 19:31:31 EDThttp://www.sciencedaily.com/releases/2012/05/120517193141.htmIn chemical reactions, water adds speed without heathttp://www.sciencedaily.com/releases/2012/05/120517143506.htm Scientists have discovered how adding trace amounts of water can tremendously speed up chemical reactions -? such as hydrogenation and hydrogenolysis ?- in which hydrogen is one of the reactants, or starting materials.Thu, 17 May 2012 14:35:35 EDThttp://www.sciencedaily.com/releases/2012/05/120517143506.htmPlant protein discovery could boost bioeconomyhttp://www.sciencedaily.com/releases/2012/05/120514104848.htm Three proteins have been found to be involved in the accumulation of fatty acids in plants. The discovery could help plant scientists boost seed oil production in crops. And that could boost the production of biorenewable fuels and chemicals.Mon, 14 May 2012 10:48:48 EDThttp://www.sciencedaily.com/releases/2012/05/120514104848.htmPhotonics: New approach to generating terahertz radiation will lead to new imaging and sensing applicationshttp://www.sciencedaily.com/releases/2012/05/120510095622.htm A new approach to generating terahertz radiation will lead to new imaging and sensing applications. The low energy of the radiation means that it can pass through materials that are otherwise opaque, opening up uses in imaging and sensing ? for example, in new security scanners. In practice, however, applications have been difficult to implement.Thu, 10 May 2012 09:56:56 EDThttp://www.sciencedaily.com/releases/2012/05/120510095622.htmIt's a trap: New lab technique captures microRNA targetshttp://www.sciencedaily.com/releases/2012/05/120509135959.htm To better understand how microRNAs -- small pieces of genetic material -- influence human health and disease, scientists first need to know which microRNAs act upon which genes. To do this scientists developed miR-TRAP, a new easy-to-use method to directly identify microRNA targets in cells.Wed, 09 May 2012 13:59:59 EDThttp://www.sciencedaily.com/releases/2012/05/120509135959.htmQuantum dots brighten the future of lightinghttp://www.sciencedaily.com/releases/2012/05/120508173349.htm Researchers have boosted the efficiency of a novel source of white light called quantum dots more than tenfold, making them of potential interest for commercial applications.Tue, 08 May 2012 17:33:33 EDThttp://www.sciencedaily.com/releases/2012/05/120508173349.htmMolecular container gives drug dropouts a second chancehttp://www.sciencedaily.com/releases/2012/05/120508152129.htm Chemists have designed a molecular container that can hold drug molecules and increase their solubility, in one case up to nearly 3,000 times.Tue, 08 May 2012 15:21:21 EDThttp://www.sciencedaily.com/releases/2012/05/120508152129.htmUltrasound idea: Prototype bioreactor evaluates engineered tissue while creating ithttp://www.sciencedaily.com/releases/2012/05/120503194229.htm Researchers have developed a prototype bioreactor that both stimulates and evaluates tissue as it grows, mimicking natural processes while eliminating the need to stop periodically to cut up samples for analysis.Thu, 03 May 2012 19:42:42 EDThttp://www.sciencedaily.com/releases/2012/05/120503194229.htmNew technique generates predictable complex, wavy shapes: May explain brain folds and be useful for drug deliveryhttp://www.sciencedaily.com/releases/2012/05/120503120130.htm A new technique predictably generates complex, wavy shapes and may help improve drug delivery and explain natural patterns from brain folds to bell peppers.Thu, 03 May 2012 12:01:01 EDThttp://www.sciencedaily.com/releases/2012/05/120503120130.htmAt smallest scale, liquid crystal behavior portends new materialshttp://www.sciencedaily.com/releases/2012/05/120502132953.htm Liquid crystals, the state of matter that makes possible the flat screen technology now commonly used in televisions and computers, may have some new technological tricks in store.Wed, 02 May 2012 13:29:29 EDThttp://www.sciencedaily.com/releases/2012/05/120502132953.htmElectronic nanotube nose out in fronthttp://www.sciencedaily.com/releases/2012/05/120502112910.htm A new nanotube super sensor is able to detect subtle differences with a single sniff. For example, the chemical dimethylsulfone is associated with skin cancer. The human nose cannot detect this volatile but it could be detected with the new sensor at concentrations as low as 25 parts per billion.Wed, 02 May 2012 11:29:29 EDThttp://www.sciencedaily.com/releases/2012/05/120502112910.htmBiomimetic polymer synthesis enhances structure controlhttp://www.sciencedaily.com/releases/2012/05/120502091839.htm A new biomimetic approach to synthesising polymers will offer unprecedented control over the final polymer structure and yield advances in nanomedicine, researchers say.Wed, 02 May 2012 09:18:18 EDThttp://www.sciencedaily.com/releases/2012/05/120502091839.htmHigh-powered microscopes reveal inner workings of sex cellshttp://www.sciencedaily.com/releases/2012/05/120501085502.htm Scientists using high-powered microscopes have made a stunning observation of the architecture within a cell ? and identified for the first time how the architecture changes during the formation of gametes, also known as sex cells, in order to successfully complete? the process.Tue, 01 May 2012 08:55:55 EDThttp://www.sciencedaily.com/releases/2012/05/120501085502.htmHigh-strength silk scaffolds improve bone repairhttp://www.sciencedaily.com/releases/2012/04/120430151752.htm Biomedical engineers have demonstrated the first all-polymeric bone scaffold that is fully biodegradable and offers significant mechanical support during repair. The technique uses silk fibers to reinforce a silk matrix. Adding microfibers to the scaffolds enhances bone formation and mechanical properties. It could improve repair after accident or disease.Mon, 30 Apr 2012 15:17:17 EDThttp://www.sciencedaily.com/releases/2012/04/120430151752.htm

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