What was a waste of money for nothing on both side.
2.strikerchoposted onyesterday, 05:57125
Go Apple! Do not step back an inch! Everybody who uses other company's technology and makes a profit of it, without paying to the very same company, must pay eventually. Thiefs are thiefs, even if they are called, Shamsung, Hasus or whatever.
8.taz89posted onyesterday, 07:3371
lol ride on apples **** much
12.paulislegendposted onyesterday, 08:3360
Make sure you add Apple to the top of that list of theifs..."Good artists copy, great artists steal"..."I (Steve Jobs) have always been shameless about stealing great ideas." What a f**king phony.
3.RazaAsadposted onyesterday, 06:0170
@ Daniel P: Well written especially "Like getting more than a day of battery life from our smartphones, for example" part. I wish this crappy war ends and the real healthy competition begin which would be good both for the companies ans consumers, a win-win.
4.remixfaposted onyesterday, 06:3050
I agree, the last line was a great zinger.
400 million. Is that combined from both of them or just what apple is throwing away?? good frikkin lord
5.baaamposted onyesterday, 06:3000
This will be a good move for both sides. Hopefully this patent war ends. +1 for innovation!
6.arcq12posted onyesterday, 06:4800
yeah! i hope they stop all of this bullsh*t already and give us better products..
9.jaytai0106posted onyesterday, 07:4940
400Million? How about using that to invent a phone that can actually fly haha
10.ivanko34posted onyesterday, 08:1300
Yes please! more than one day for the battery
11.Hemlockeposted onyesterday, 08:1401
I will be glad to see them finally settle, although Sammy could have, and should have, been more reasonable in 2010, and this could have been avoided. It will be interesting, going forward, to see if there are any collaborations between the two.
14.theBankRobberposted on24 hours ago00
Why settle if you strongly believe you didn't do anything wrong. You think Apple would have settled with some of the patent lawsuits they recent lost against Motorola?
13.speckledappleposted on24 hours ago00
And after this large waste of money, a settlement can be reached again. They really could have kep this out of the courts if they did this before.
15.jove39posted on22 hours ago00
If only half of Samsung's money was spent for right...we had complete chance of having Exynos 5xxx in SGS3!
16.roscuthiiiposted on21 hours ago00
And just like the engorged leech, the lawyers slowly settle back down... until some other unsuspecting prey braves crossing the waters of litigation.
17.Stuntmanposted on20 hours ago00
Lawyers must be very upset at this news. There goes their cash cow.
$400 million in legal fees later, Apple and Samsung reportedly discussing patent settlement
Group: JOBS 2.0: Job Search Career Networking Staffing. Post Resume -Get Paid by Employers at Resumark .com
Subject: Remote volunteer business consultants to Micro, Small and Medium Enterprises in the developing world
Violet Busingye posted a job: Remote volunteer business consultants to Micro, Small and Medium Enterprises in the developing world
"Grow Movement is a UK registered charity providing free business consulting to micro, small and medium sized enterprises (MSMEs) in developing countries. Using phone and email Grow consultants apply their skills to support selected entrepreneurs, with a focus on driving tangible business growth and, in turn, stimulating positive consequences on the wider community In 2010... ? Consultants were recruited from 11 different countries and across 5 different continents ? Consultants were teamed up with 58 different businesses ? 52 jobs were created across 7 businesses within the first six months following completion of their Grow project ? Profit increases of between 6 and 80% were reported by the 7 businesses that completed projects within the first six months, Grow volunteers are expected to contribute the cost of telephone calls (with an international calling card, these can be as low as 0.08 USD/minute) and 2-3 hours per week for the twelve week consulting period. Additionally, each volunteer is required to have a minimum level of professional experience, for example a formal business qualification (e.g. MBA, Chartered Accountant). In return for the consultancy they receive and to cover the administrative costs of their consultancy project, each business is required to pay a minimal fee. Without the burden of heavy time or cost commitments, Grow Movement gives you the opportunity to apply your business skills to help make a sustainable difference in the developing world. For more details, case studies or to apply, please visit www.growmovement.org or find us on Facebook and YouTube"
In the largest study of its kind, researchers have profiled genetic changes in cancer with drug sensitivity in order to develop a personalised approach to cancer treatments. The study is published in Nature on Thursday 29 March 2012.
The team uncovered hundreds of associations between mutations in cancer genes and sensitivity to anticancer drugs. One of the key responses the team found was that cells from a childhood bone cancer, Ewing's sarcoma, respond to a drug that is currently used in the treatment of breast and ovarian cancers. The lowered toxicity of this treatment may mean it is a safer alternative therapy for children and young adults with this aggressive cancer.
There is an intimate relationship between the way a drug works and the genetic changes present in cancers. This study found that sensitivity to most anti-cancer drugs is influenced by mutations in cancer genes and establishes the utility of using large-scale studies to identify these associations and build them into improved patient treatment.
"Our key focus is to find how to use cancer therapeutics in the most effective way by correctly targeting patients that are most likely to respond to a specific therapy," explains Dr Mathew Garnett, first author from the Wellcome Trust Sanger Institute. "We studied how genetic changes in a panel of >600 cancer cell lines effects responses to 130 anti-cancer drugs, making it the largest study of this type to date."
The team identified biological markers of drug sensitivity to a broad range of cancer drugs. Most of the cancer genes analysed, including those that are not known directs targets of the drugs tested, were associated with either sensitivity or resistance to at least one of the drugs analysed.
"Our research has taken us down unknown paths to find associations that are completely novel," says Dr Cyril Benes, senior author from Massachusetts General Hospital Cancer Centre. "We have identified hundreds of associations, many of which we still don't fully understand. We identified a novel indication for the use of PARP inhibitors, anti-cancer drugs currently used to treat breast and ovarian cancers, for the treatment of Ewing's sarcoma."
Ewing's sarcoma is a cancer of children and young adults with a 15% five-year survival rate in patients where the cancer has spread or they have relapsed after chemotherapy. The use of PARP inhibitors could represent a new treatment option for Ewing's sarcoma patients and these compounds will now be tested in clinical trials to assess their therapeutic benefit.
"Advances in next-generation sequencing technologies are already being translated into the large-scale detection of cancer gene mutations in the clinic," says Dr Ultan McDermott, senior author from the Wellcome Trust Sanger Institute. "There is a compelling need to identify, in a systematic fashion, whether observed mutations affect the likelihood of a patient's response to a given drug treatment. We have therefore developed a unique online open-access resource for the research and medical community that can be used to optimize the clinical application of cancer drugs as well as the design of clinical trials of investigational compounds being developed as treatments."
The team hopes their open-access database will be an important resource for the cancer research community and which will ultimately lead to improved treatments for patients. This research program is a unique Wellcome Trust funded 5-year collaboration between The Cancer Genome Project at the Wellcome Trust Sanger Institute and the Center for Molecular Therapeutics, Massachusetts General Hospital Cancer Center.
"Our work is helping to move cancer therapeutics away from the conventional tissue-based treatment to a more molecular-based treatment," says Professor Daniel Haber, senior author from Massachusetts General Hospital Cancer Centre. "The next steps for this collaborative project are to evaluate some of the key findings using tumour samples and test new candidate therapeutic strategies in clinical trials so we can hopefully improve the way we treat cancer patients. We are continuing our screening effort, in particular using drug combinations to discover innovative and better therapeutic options."
Thanks to Wellcome Trust Sanger Institute for this article.
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Cloud storage provider SugarSync has already rolled out an updated version of its Android app this month, but it's now already back again with a major new release for iPad users. That comes in the form of the SugarSync 3.0 universal app, but the updates here are all on the iPad side of things, including a completely revamped interface, added gesture support, and generally more effective use of the iPad's added screen real estate. As before, the app itself remains free, but you'll have to pay up if you need more storage than the basic 5GB service provides ($5 a month will buy you 30GB, with plans up to 500GB available).
Mayo Clinic studies climbers on Everest to help heart patients at homePublic release date: 22-Mar-2012 [ | E-mail | Share ]
Contact: Robert Nellis Newsbureau@mayo.edu 507-284-5005 Mayo Clinic
ROCHESTER, Minn. -- It's a natural laboratory for studying heart disease, lung problems, muscle loss, sleeping disorders and new medical technologies. It's also the highest mountain in the world. Mount Everest's extreme altitude puts climbers under the same conditions experienced by patients suffering from heart disease, obesity or advanced age. To take advantage of that, Mayo Clinic researchers are joining an expedition to Everest with National Geographic, The North Face and Montana State University. The Mayo group will monitor up to nine climbers from base camp for the duration of the climb, which will run from mid-April to mid-May.
"We can simulate some conditions in oxygen tents and hyperbaric chambers, but only for short periods," says Bruce Johnson, Ph.D., Mayo Clinic physiologist and leader of the scientific expedition. "We're studying the effects of extreme altitude on healthy, active individuals as well as these extreme athletes because what they experience mimics aspects of heart disease."
Dr. Johnson, who has conducted research at the South Pole and other mountain ranges, will be joined by three other Mayo investigators: physician-researcher Doug Summerfield, M.D., and scientists Bryan Taylor, Ph.D., and Amine Issa, Ph.D. Mayo Clinic also will send its own reporter to cover the research expedition. Joel Streed of the Mayo Clinic News Network will blog and shoot video from base camp. The coverage can be followed at www.MayoCliniconEverest.com, and on Twitter at #MayoClinic #onEverest.
The expedition and other research initiatives are part of Mayo's work to transform medical care. The data generated by the expedition is expected to provide new insights into aging patients and heart disease, and help Mayo develop high-quality, affordable options for patients who need cardiac monitoring.
The Projects
Sleep Physiology
It's hard to get a good night's sleep in a cold tent, especially at 18,000 feet. Sleep apnea is common, and such starts and stops in breathing also trouble many overweight patients or those with chronic heart failure. Sleep apnea can decrease oxygen in the blood, a serious condition at sea level and at high altitude. Poor sleep quality occurs due to restricted space, high wind, hard surfaces; even clothing or equipment may play a role. Researchers will study oxygen during sleep and sleep quality as it relates to other high altitude problems.
Muscle Loss at High Altitude
Previous studies show that climbers lose weight rapidly at high altitude -- primarily muscle, not fat -- and extra food intake has negligible impact. Muscle wasting is a common problem with many chronic diseases, including heart disease. The hypothesis is that weight loss is related to more severe hypoxia, especially at night. The team will track calories, sleep quality, sleep hypoxia and body composition.
Lung Fluid Regulation
Pulmonary edema, fluid in the lungs common in heart patients, remains a mystery on mountains. Some think it's caused by an uneven constriction of blood vessels in the lungs, a response to the lower inspired gas pressures. Yet it doesn't happen to everyone who climbs, so there may be other factors, such as genetic susceptibility. Researchers will look at pressures in the lungs, gas transfer across the lungs and other factors.
Remote Monitoring Testing
Remote monitoring and recording devices will be tested, some for the first time under such extreme conditions. Ensuring they are rugged enough for Mount Everest and function under extreme cold and pressure changes will be valuable for future climbs and sea-level use. One monitor developed by Mayo researchers will get its first field test. If reliable data capture works on Mount Everest, quality should be assured in monitoring heart patients remotely in their homes, providing a tip-off when medication needs to be adjusted or a visit to the doctor is needed.
###
The expedition is funded by National Geographic and The North Face, with support from Montana State University.
About Mayo Clinic
Mayo Clinic is a nonprofit worldwide leader in medical care, research and education for people from all walks of life. For more information, visit http://www.mayoclinic.org/about and www.mayoclinic.org/news.
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Mayo Clinic studies climbers on Everest to help heart patients at homePublic release date: 22-Mar-2012 [ | E-mail | Share ]
Contact: Robert Nellis Newsbureau@mayo.edu 507-284-5005 Mayo Clinic
ROCHESTER, Minn. -- It's a natural laboratory for studying heart disease, lung problems, muscle loss, sleeping disorders and new medical technologies. It's also the highest mountain in the world. Mount Everest's extreme altitude puts climbers under the same conditions experienced by patients suffering from heart disease, obesity or advanced age. To take advantage of that, Mayo Clinic researchers are joining an expedition to Everest with National Geographic, The North Face and Montana State University. The Mayo group will monitor up to nine climbers from base camp for the duration of the climb, which will run from mid-April to mid-May.
"We can simulate some conditions in oxygen tents and hyperbaric chambers, but only for short periods," says Bruce Johnson, Ph.D., Mayo Clinic physiologist and leader of the scientific expedition. "We're studying the effects of extreme altitude on healthy, active individuals as well as these extreme athletes because what they experience mimics aspects of heart disease."
Dr. Johnson, who has conducted research at the South Pole and other mountain ranges, will be joined by three other Mayo investigators: physician-researcher Doug Summerfield, M.D., and scientists Bryan Taylor, Ph.D., and Amine Issa, Ph.D. Mayo Clinic also will send its own reporter to cover the research expedition. Joel Streed of the Mayo Clinic News Network will blog and shoot video from base camp. The coverage can be followed at www.MayoCliniconEverest.com, and on Twitter at #MayoClinic #onEverest.
The expedition and other research initiatives are part of Mayo's work to transform medical care. The data generated by the expedition is expected to provide new insights into aging patients and heart disease, and help Mayo develop high-quality, affordable options for patients who need cardiac monitoring.
The Projects
Sleep Physiology
It's hard to get a good night's sleep in a cold tent, especially at 18,000 feet. Sleep apnea is common, and such starts and stops in breathing also trouble many overweight patients or those with chronic heart failure. Sleep apnea can decrease oxygen in the blood, a serious condition at sea level and at high altitude. Poor sleep quality occurs due to restricted space, high wind, hard surfaces; even clothing or equipment may play a role. Researchers will study oxygen during sleep and sleep quality as it relates to other high altitude problems.
Muscle Loss at High Altitude
Previous studies show that climbers lose weight rapidly at high altitude -- primarily muscle, not fat -- and extra food intake has negligible impact. Muscle wasting is a common problem with many chronic diseases, including heart disease. The hypothesis is that weight loss is related to more severe hypoxia, especially at night. The team will track calories, sleep quality, sleep hypoxia and body composition.
Lung Fluid Regulation
Pulmonary edema, fluid in the lungs common in heart patients, remains a mystery on mountains. Some think it's caused by an uneven constriction of blood vessels in the lungs, a response to the lower inspired gas pressures. Yet it doesn't happen to everyone who climbs, so there may be other factors, such as genetic susceptibility. Researchers will look at pressures in the lungs, gas transfer across the lungs and other factors.
Remote Monitoring Testing
Remote monitoring and recording devices will be tested, some for the first time under such extreme conditions. Ensuring they are rugged enough for Mount Everest and function under extreme cold and pressure changes will be valuable for future climbs and sea-level use. One monitor developed by Mayo researchers will get its first field test. If reliable data capture works on Mount Everest, quality should be assured in monitoring heart patients remotely in their homes, providing a tip-off when medication needs to be adjusted or a visit to the doctor is needed.
###
The expedition is funded by National Geographic and The North Face, with support from Montana State University.
About Mayo Clinic
Mayo Clinic is a nonprofit worldwide leader in medical care, research and education for people from all walks of life. For more information, visit http://www.mayoclinic.org/about and www.mayoclinic.org/news.
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AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
New discoveries about brain-hand connection sought to improve therapies, treatments, prostheticsPublic release date: 21-Mar-2012 [ | E-mail | Share ]
Contact: Joe Kullman joe.kullman@asu.edu 480-965-8122 Arizona State University
Research at Arizona State University and Columbia University to better understand the intricate sensory and cognitive connections between the brain and the hands has won support from the National Science Foundation. New discoveries about such connections could benefit people with neurological disorders such as Parkinson's disease and cerebral palsy, and those who need prosthetic hands.
The NSF has awarded a $640,000 grant to fund a research collaboration between Marco Santello, an ASU professor of biomedical engineering, and Columbia University scientist Andrew Gordon to expand their studies in this area.
Santello is also interim director of the School of Biological and Health Systems Engineering, one of ASU's Ira A. Fulton Schools of Engineering. Gordon is a professor of movement science in the Behavioral Science department in Columbia's Teachers College, where he coordinates the Kinesiology program.
The two have worked together for several years in pursuit of deeper knowledge about interactions between sensory feedback and motor actions involved in control of the hand.
In their current project they're seeking to determine the neural mechanisms that control learning and planning of the grasping and manipulation of objects.
They're examining the visual cues people use to assess object properties before they grasp or otherwise manipulate objects. In addition to using cues such as object shape or density, people often use memory of similar actions performed in the past.
"We can pick up these cues, and we can predict the result of our actions on an object, but we don't know exactly how the brain does this," Santello says.
Santello's focus is on neural control of the hand and the workings of senses such as vision and touch. By manipulating these senses in people with normal brain, hand and muscle functions, Santello studies what causes the performance of an action that is easy under normal conditions to become difficult. This allows him to identify what impact a specific sense has on how the brain controls the hands.
In his experiments, he imposes sensory deficits on test subjects, using goggles to block vision at selected times during the manipulation to interfere with the subjects' abilities to learn and execute grasping tasks. "We want to understand what aspects of visual feedback help the brain to successfully control grasping of an object and store a memory representation of that action," he explains.
Gordon's does cerebral palsy research. His related collaborative work with Santello focuses on cognitive aspects of the interaction between the brain and the hands, assessing the information the brain gains and processes from sensing the shapes of objects and exploring the role of memory of past actions.
"It's important to discern the basic mechanisms of storing the memory of recently performed actions, of planning future actions and integrating sensory feedback in healthy individuals, so that we might be better able to understand and treat neurological or musculoskeletal disorders," Santello says.
"In particular, understanding how we integrate 'what we know' from prior manipulations with an object and 'what we see' is crucial." Gordon says. "This is all the more important when our senses, and thus our ability to create sensory memories, is impaired, as is often the case in cerebral palsy."
Knowledge gained by such research can also be applied to improving neuroprosthetics. Current technology is able to provide extremely sophisticated artificial hands, but controlling the hands remains a challenge.
"The more we understand about the high- level processing that the brain has to go through to plan an action, the closer we will be to building more intelligent prosthetic systems that are capable of more human-like performance," Santello says.
Like Gordon, Santello has expertise in kinesiology the study of movement with a focus on kinematics of the hand, involving how the hand is shaped and how it performs grasping and related actions.
He began conducting hand research while working as a post-doctoral researcher at University of Minnesota, where he met Gordon, who had just completed his post-doctoral research there.
In the past eight years, they have expanded research into the workings of physical motor skills by incorporating recent advances in knowledge of biomechanics, neurophysiology and psychology.
Santello and Gordon now examine not only how objects are grasped, but look at why people choose to grasp an object in the ways they do.
By taking decision-making functions into account, they're trying to provide a more comprehensive view of the brain-hand relationship how, for instance, the brain and hand work together to create a memory of the position and force necessary to manipulate particular objects.
###
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AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
New discoveries about brain-hand connection sought to improve therapies, treatments, prostheticsPublic release date: 21-Mar-2012 [ | E-mail | Share ]
Contact: Joe Kullman joe.kullman@asu.edu 480-965-8122 Arizona State University
Research at Arizona State University and Columbia University to better understand the intricate sensory and cognitive connections between the brain and the hands has won support from the National Science Foundation. New discoveries about such connections could benefit people with neurological disorders such as Parkinson's disease and cerebral palsy, and those who need prosthetic hands.
The NSF has awarded a $640,000 grant to fund a research collaboration between Marco Santello, an ASU professor of biomedical engineering, and Columbia University scientist Andrew Gordon to expand their studies in this area.
Santello is also interim director of the School of Biological and Health Systems Engineering, one of ASU's Ira A. Fulton Schools of Engineering. Gordon is a professor of movement science in the Behavioral Science department in Columbia's Teachers College, where he coordinates the Kinesiology program.
The two have worked together for several years in pursuit of deeper knowledge about interactions between sensory feedback and motor actions involved in control of the hand.
In their current project they're seeking to determine the neural mechanisms that control learning and planning of the grasping and manipulation of objects.
They're examining the visual cues people use to assess object properties before they grasp or otherwise manipulate objects. In addition to using cues such as object shape or density, people often use memory of similar actions performed in the past.
"We can pick up these cues, and we can predict the result of our actions on an object, but we don't know exactly how the brain does this," Santello says.
Santello's focus is on neural control of the hand and the workings of senses such as vision and touch. By manipulating these senses in people with normal brain, hand and muscle functions, Santello studies what causes the performance of an action that is easy under normal conditions to become difficult. This allows him to identify what impact a specific sense has on how the brain controls the hands.
In his experiments, he imposes sensory deficits on test subjects, using goggles to block vision at selected times during the manipulation to interfere with the subjects' abilities to learn and execute grasping tasks. "We want to understand what aspects of visual feedback help the brain to successfully control grasping of an object and store a memory representation of that action," he explains.
Gordon's does cerebral palsy research. His related collaborative work with Santello focuses on cognitive aspects of the interaction between the brain and the hands, assessing the information the brain gains and processes from sensing the shapes of objects and exploring the role of memory of past actions.
"It's important to discern the basic mechanisms of storing the memory of recently performed actions, of planning future actions and integrating sensory feedback in healthy individuals, so that we might be better able to understand and treat neurological or musculoskeletal disorders," Santello says.
"In particular, understanding how we integrate 'what we know' from prior manipulations with an object and 'what we see' is crucial." Gordon says. "This is all the more important when our senses, and thus our ability to create sensory memories, is impaired, as is often the case in cerebral palsy."
Knowledge gained by such research can also be applied to improving neuroprosthetics. Current technology is able to provide extremely sophisticated artificial hands, but controlling the hands remains a challenge.
"The more we understand about the high- level processing that the brain has to go through to plan an action, the closer we will be to building more intelligent prosthetic systems that are capable of more human-like performance," Santello says.
Like Gordon, Santello has expertise in kinesiology the study of movement with a focus on kinematics of the hand, involving how the hand is shaped and how it performs grasping and related actions.
He began conducting hand research while working as a post-doctoral researcher at University of Minnesota, where he met Gordon, who had just completed his post-doctoral research there.
In the past eight years, they have expanded research into the workings of physical motor skills by incorporating recent advances in knowledge of biomechanics, neurophysiology and psychology.
Santello and Gordon now examine not only how objects are grasped, but look at why people choose to grasp an object in the ways they do.
By taking decision-making functions into account, they're trying to provide a more comprehensive view of the brain-hand relationship how, for instance, the brain and hand work together to create a memory of the position and force necessary to manipulate particular objects.
###
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?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
WASHINGTON/NEW YORK (Reuters) - The United States on Tuesday dealt a blow to U.S. manufacturers of solar panels and boosted shares in their Chinese rivals when it imposed preliminary punitive duties of less than 5 percent on imports from China.
Nonetheless, the action adds to trade tensions between the world's two largest economies and threatens cooperation in the burgeoning clean-energy sector, which both countries say they want to promote.
President Barack Obama, running for re-election in November, has promised to crack down on unfair Chinese trade practices and last week challenged China's export restrictions on critical "rare earth" industrial materials in a case filed with the European Union and Japan at the World Trade Organization.
Energy analysts had expected Chinese imports of solar panels to be hit with preliminary duties of 20 percent to 30 percent, but the rates announced on Tuesday ranged from just 2.90 percent to 4.73 percent.
Tuesday's trade move is the latest salvo from Washington in its efforts to help the nascent U.S. clean energy industry compete against China's fast-growing companies, which are the leading suppliers to the global solar market.
Rapid expansion by those Chinese companies has created a glut of solar panels that drove prices down sharply last year, pushing some weaker U.S. companies, including Solyndra, into bankruptcy.
Shares in the leading Chinese solar companies erased early losses to rally on the New York Stock Exchange on the news, with Suntech Power Holdings closing 14 percent higher, Yingli Green Energy gaining 12 percent and Trina Solar climbing 8 percent.
The Coalition for American Solar Manufacturing, a U.S. industry group that has complained that massive Chinese subsidies were driving them out of business, tried to put the best face on the news.
It said it believed the U.S. Commerce Department would uncover more subsidies and unfair pricing practices as it continues its probe in the coming months, which would result in higher final duties.
"Today's announcement affirms what U.S. manufacturers have long known: Chinese manufacturers have received unfair and WTO-illegal subsidies," said Steve Ostrenga, chief executive officer of Helios Solar Works in Milwaukee, Wisconsin.
Senator Ron Wyden, an Oregon Democrat who has been a driving force behind the case, also said he expected duties to "significantly swell" as the case proceeds.
An attorney representing SolarWorld Industries America and other U.S. manufacturers said Commerce Department officials have only just begun to investigate some of the group's subsidy charges, providing hope duties would increase.
China accounts for 114 of the 283 anti-dumping and countervailing duty orders the United States has on foreign goods. The Obama administration has imposed more than 50 anti-dumping and countervailing duty orders since taking office in January 2009, including about 40 against Chinese goods.
The United States imported $2.8 billion worth of solar cells and panels from China in 2011, up sharply from about $1.2 billion just a year earlier, according to industry estimates.
The Commerce Department will announce preliminary anti-dumping duties in May to address a separate set of charges that Chinese producers are selling solar panels in the U.S. market at unfairly low prices.
CHINESE COMPANIES FEEL 'VINDICATED'
Chinese producers and U.S. companies opposed to the duties said the preliminary decision on Tuesday belied charges that China was flooding its solar sector with subsidies.
"We're pleased and in large part feel vindicated," Robert Petrina, managing director of Yingli Green Energy's U.S. business said. "I think it is a positive outcome and I think it really speaks to the crux of the argument."
Jigar Shah, president of a coalition of U.S. solar panel sales and installation companies which were opposed to duties, called the ruling an "initial victory for America's solar industry and its 100,000 employees" because it would not significantly raise prices for solar products and hurt demand.
Rob Stone, a solar analyst with financial services firm Cowen & Co, said the duties, however small, push solar panel prices in the wrong direction if the sector wants to become a viable alternative to fossil fuels.
"In the end, solar needs prices to go down more from where they are now, even though they've come down precipitously," Stone said. "This is why this whole thing is so stupid, because it will not help the small, uncompetitive U.S.-based manufacturers."
SolarWorld Industries America, the U.S. arm of leading German solar manufacturer SolarWorld AG, has led the U.S. industry coalition seeking import relief.
The Commerce Department set a preliminary duty of 2.90 percent on SunTech Power Holdings, the world's biggest producer of photovoltaic solar panels, and a preliminary duty of 4.73 percent on Trina Solar, another major Chinese producer, industry officials said. All other Chinese solar panel producers and exporters received a duty rate of 3.59 percent.
Importers will have to post bonds or cash deposits based on the preliminary countervailing duty rates while the department continues its investigation.
The "surprisingly low" numbers would likely mean that the major Chinese companies would need to pay between about $5 million to $10 million to cover products shipped, said Timothy Arcuri, an analyst with Citigroup.
While the dumping duty decision in May could impose a greater penalty on the Chinese companies, "this by itself has relatively minimal impact," Arcuri said.
(Reporting By Doug Palmer in Washington and Matt Daily in New York; Editing by Anthony Boadle and Eric Walsh)
March 21, 2012 (Source: Businesswire) --?Texas Rare Earth Resources Corp.?(the ?Company?) (OTCQX: TRER), a mineral exploration and development company, today announced the Strategic Communications practice of?FTI Consulting?(NYSE: FCN) as its new communications firm of record.
?Selecting FTI Consulting is a natural next step in our company?s evolution. Our shared commitment to strategic communications, particularly at this critical time where we are completing the Preliminary Economic Assessment on our Round Top Project, will serve our business and various stakeholders well,? said Marc LeVier, chief executive officer of Texas Rare Earth Resources. ?FTI Consulting has extensive experience within the mining industry and its professionals are already applying their communications expertise to help us effectively articulate our long-term value proposition."
The Strategic Communications practice of FTI Consulting, formerly known as FD, is one of the world?s most highly regarded communications consultancies. With more than 20 years of experience advising management teams in critical situations, the Strategic Communications practice supports clients in protecting and enhancing their reputation in the capital markets, society and the political environment. FTI?s Strategic Communications practice provides financial communications, corporate communications and public affairs services, with specialty offerings that include strategy consulting, research, creative engagement, crisis and issues management, and change communications.
About Texas Rare Earth Resources
Texas Rare Earth Resources Corp.'s primary focus is exploring and developing its Round Top heavy rare earth minerals project. The Round Top project is located in Hudspeth County, Texas, 85 miles east of El Paso, Texas. The Company?s common stock trades on the OTCQX U.S. Premier tier under the symbol ?TRER.?
For more information on Texas Rare Earth Resources Corp., visit our website at?trer.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, and U.S. Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Texas Rare Earth Resources expects or anticipates will or may occur in the future, including such things as the potential development of the Round Top rare earth project, estimates of mineralized material, the potential ratio of heavy to total rare earth minerals present at the Round Top project, the number of metric tons of rhyolite contained at the Round Top project, possible low costs of production, advancement of exploration and resource definition, future mineralogical and metallurgical analysis, future baseline environmental studies, future geological modeling and test table construction, timing for completion of the pre-feasibility study, the preliminary economic assessment, the feasibility study, potential land and permitting efforts, timing for core hole drilling, expected results of future metallurgical testing, the Company?s focus on Dysprosium, Neodymium, Terbium, and Yttrium, future production decisions and timing for anticipated production and other such similar matters are forward-looking statements. When used in this press release, the words ?potential?, ?indicate?, ?expect?, ?intend?, ?hopes,? ?believe,? ?may,? ?will,? ?if, ?anticipate? and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Texas Rare Earth Resources to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainty of mineralized material estimates, risks relating to completing drilling and metallurgical testing at the Round Top project, risks related to project development determinations, risks related to fluctuations in the price of rare earth minerals, the inherently hazardous nature of mining-related activities, potential effects on Texas Rare Earth Resource?s operations of environmental regulations, risks due to legal proceedings, risks related to uncertainty of being able to raise capital on favorable terms or at all, as well as those factors discussed under the heading ?Risk Factors? in Texas Rare Earth Resource?s latest annual report on Form 10-K as filed on November 22, 2011 and other documents filed with the U.S. Securities and Exchange Commission. Although Texas Rare Earth Resources has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, Texas Rare Earth Resources assumes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise.
Posted by Alisa Bowman at 11:44:07 AM on March 16, 2012
When it comes to healthy eating, many people follow the sage advice of, ?everything in moderation.? I generally follow this advice myself.
Yet, a pair of new studies from Harvard School of Public Health show that moderate consumption of red meat and soft drinks can still significantly raise your risk of death, especially from heart disease.
When researchers studied the nutritional habits and health outcomes of thousands of men and women over more than twenty years, they learned that:
One daily 3 ounce serving of red meat raised risk of death by 13 percent
One daily serving of processed red meat (such as a hot dog or 2 slices of bacon) raised risk of death by 20 percent
One 12-ounce sugar-sweetened beverage (such as most soft drinks) raised risk of heart disease by 20 percent. Soft drinks also raised triglycerides, a harmful type of fat in the blood.
Those are scary stats. What to do? Here are some tips.
Switch to diet soft drinks. Ideally, you wouldn?t drink soft drinks at all. But there?s a difference between what?s ideal and what?s realistic. If you can?t give them up, at least switch to diet. Artificially sweetened drinks were not linked to an increased risk of heart disease in this study. One better than diet drinks, however, is water. Flavor it with lemon, lime or a splash of juice. Or consider herbal tea.
Cut back to a half serving of red meat a day. That?s roughly the size of half a deck of cards. That's a very small serving. Use it as an accent for a meal that is mostly composed of vegetables, whole grains or legumes.
Eat another source of protein instead. People who ate fish, chicken, nuts, legumes, or lowfat dairy instead of red meat dropped their risk of death considerably. Nuts had the strongest effect, dropping risk of death by 19 percent.
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LONDON/NEW YORK (Reuters) - Goldman Sachs faced an unprecedented assault from one of its own on Wednesday after a banker published a withering resignation letter in the New York Times, calling the Wall Street titan a "toxic" place where managing directors referred to their own clients as "muppets."
It was the latest blow for the investment bank. The company -- dubbed a "great vampire squid" in a 2009 article in Rolling Stone magazine -- has been embroiled in the biggest-ever insider trading scandal on Wall Street. And just weeks ago, a top judge criticized Goldman for big conflicts of interest in an energy deal.
In an opinion column in Wednesday's Times, Greg Smith, who worked in equity derivatives, said Goldman had become "as toxic and destructive as I have ever seen it.
"It makes me ill how callously people talk about ripping their clients off. Over the last 12 months I have seen five different managing directors refer to their own clients as 'muppets,'" Smith said.
In the United States "muppet" brings to mind lovable puppets like Kermit the Frog, but in Britain, "muppet" is slang for a stupid person. (Goldman, as it happens, was at one time also the bank for the family of Muppets creator Jim Henson.)
Goldman Sachs issued a short statement in response:
"We disagree with the views expressed, which we don't think reflect the way we run our business.?In our view, we will only be successful if our clients are successful.?This fundamental truth lies at the heart of how we conduct ourselves."
In a memo to staff, Goldman Chief Executive Lloyd Blankfein and Chief Operating Officer Gary Cohn said Smith's views were in the minority among his 12,000 fellow vice presidents.
"And, what do our people think about how we interact with our clients??Across the firm at all levels, 89 percent of you said that the firm provides exceptional service to them," they said in the memo, a copy of which was reviewed by Reuters.
Congressman Barney Frank, an architect of the 2010 Dodd-Frank financial reform law, said Smith's piece would have "a big impact" on the banking industry's efforts to push back against financial reform.
"It puts the burden on Goldman Sachs and others to show us how what they do benefits the clients and therefore the broader economy," he told Reuters.
Goldman shares closed 3.3 percent lower, on a day when broader markets were up slightly. At least one bank wasted no time in trying to take advantage of the situation.
"In my experience ... client success and firm success can peacefully coexist; in fact thrive," Harris Private Bank Chief Investment Officer Jack Ablin said in an open letter.
"Having served clients for nearly 30 years I can tell you that the long-term success of any institution, whether in the financial field or not, depends on the long-term success and satisfaction of its clients," said Ablin, who oversees $60 billion of investments for individuals and families.
But the company, which sometimes lacks for defenders, garnered at least some public support in response to Smith.
"The many people we have dealt with there have all been exceptionally talented and high-grade, and never once have we had a negative experience in which we felt that they took advantage of us or didn't do what they said they would do," well-known fund manager Whitney Tilson said in a note.
FRIENDLY AND GENUINE?
Smith, who did not return voice mails on his cellphone, carried the title of executive director, but it was not nearly as illustrious as it might sound. Goldman's roughly 12,000 vice presidents and executive directors compare with 450 managing directors -- the next rung up in the Goldman hierarchy and a job classification that Smith didn't achieve. Overall, the company has about 33,000 employees, meaning that 36 percent of Goldman's workforce carried a title similar to Smith's.
South African David Berman, founder of hedge fund Durban Capital and friends with Smith, called him "a very understated, humble type of guy who would tell the truth as truth is important to him.
"But he never struck me as the Goldman-type as he isn't aggressive nor (the) salesman type one expects," Berman said, adding, "I am convinced this is for real with no selfish intent here."
According to the British Financial Services Authority's register, Smith joined Goldman's UK unit a year ago.
Johannesburg-born Smith attended universities in his home country and in the United States, where he received a degree in economics from Stanford University in 2001. He also interviewed to be a Rhodes Scholar in South Africa in 2002.
While at student at Stanford he had a summer internship at Paine Webber in 1999 and a summer internship at Goldman in 2000. Upon graduating from Stanford in 2001, he landed at Goldman.
Internally, Smith's op-ed piece was not necessarily well received. A trader, who knew Smith in passing, said the company is telling staff that Smith is a disgruntled employee who is leaving because he didn't make managing director.
This trader, who did not want to be named, says former Goldman colleagues are saying that Smith "wasn't very commercial," which means he wasn't producing the kind of sales the company wanted.
PAST MEDIA STORMS
Goldman Sachs -- fourth among investment banks last year based on fee-income rankings compiled by Thomson Reuters and Freeman Consulting -- has a history of tension with client interests, experts say.
"Greg Smith refers to the last 12 years, but in fact Goldman has been doing this kind of thing since going back to the Great Depression," author William Cohan told Reuters Insider.
"It's not just the last 12 years; unfortunately it's part of the firm's DNA," said Cohan, author of the Goldman profile "Money and Power" and a former Wall Street banker himself.
In recent years the company has faced other high-profile incidents damaging to its image after the near-collapse of the global banking system in 2008.
Earlier this month it was accused of a major conflict of interest for advising El Paso Corp on its sale to Kinder Morgan, while being a significant shareholder in Kinder.
A lawyer representing an Australian fund in a lawsuit against Goldman over mortgage-backed securities, filed in New York last year and alleging fraud and breach of contract, said he may seek Smith's deposition to help bolster his case.
"Part of Goldman's defense is everybody is sophisticated and everybody knew as much as we knew did," the lawyer, Eric Lewis, said. "But if you're calling your clients muppets -- most muppets don't have the cranial capacity of Goldman."
Paul Volcker, a former Federal Reserve chairman, called the Smith piece a "reflection of the change in market mentality over the last 15, over the last 20 years" at an economics summit?in Washington hosted by the Atlantic magazine.
TWITTER IGNITES
Unsurprisingly, Smith's resignation letter captured the imagination of Twitter users. "Greg Smith" was a worldwide trending topic early Wednesday, meaning it had suddenly spiked in interest, while both that and "Goldman Sachs" were trending in the United States.
Many of the commentators expressed surprise about the allegations in the piece, while others called for Smith to shed light on why he left the bank, or pointed out that he seemed to have been employed in a comparatively junior role.
As happens on the Internet in cases like this, near-instant parodies of Smith's letter cropped up. The most popular by far had Darth Vader of "Star Wars" fame resigning from the Empire via a letter similar to Smith's.
"To put the problem in the simplest terms, throttling people with your mind continues to be sidelined in the way the firm operates and thinks about making people dead," the film franchise's dark lord wrote.
(Additional reporting by Kirstin Ridley, Laurence Fletcher and Naomi O'Leary in London, Pascal Fletcher and Marius Bosch in South Africa, Matthew Goldstein, Katya Wachtel, Sam Forgione, Jennifer Ablan and Fred Katayama in New York and Alexandra Alper in Washington; Writing by Douwe Miedema in London and Ben Berkowitz in Boston; Editing by Edward Tobin, Andrew Callus, Alexander Smith and Steve Orlofsky)
The craft repair business can be considered to be as a profitable fiscal venture thanks to the gradual increase in the amount of ship operators and owners. Many people will go looking for specialised maintenance and service during sailing expeditions lasting over a few days. At the exact same time, the local boat owners will often need your assistance to sustain the performance and practicality of their boats.
But the business is comparable to other startup business ventures and you have got to spend some time in readying a proper business operation and marketing plan by concentrating on the key aspects. It?s also terribly crucial to decide on the most acceptable location to start up the enterprise. Unlike other companies, the profitability of the craft repair business relies on its location.
Further, you have got to decide the amount of space and docks needed the manage the business in a convenient manner. You must also concentrate on the procedure needed to obtain the license or authorization required to offer repairing and maintenance services to the local boat owners. If you have previous experience in boat repairing, you need to use your accreditations and certifications to get the license.
At the same time, you may even envisage hiring a professional Brevard County marine services technicians to fix and maintain the boats. Based on the ability and experience of your staff, you have to define the exact services you are making plans to offer to the ship owners. In a similar fashion, you have got to check the price charged by other boat repair shops operating in the locale and price your ship fixing and maintenance services at a competitive rate.
Finally, you?ve got to prepare a catalogue of tools and equipment required to perform the specific boat repair services offered by your business. You can even consult the marine service technician about the instrument necessities. Some of the boat repair tools are comparatively pricey, but these are needed for providing key craft repair services often asked by the clients.
Eric Nelson offers Brevard County boat rental and is a great resource for used boat prices.
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Sliding doors ? Sliding wardrobe doors?offer a contemporary alternative, individual in style they feature convenience and practicality with no clearance necessary for the opening and closing of doors. ?This is often perfect where space saving is necessary, in a room with restricted space. People often simply choose them as an alternative to more traditional designs. The freedom of allowing the concealing of alcoves, chimney breasts, awkward shaped rooms and walls, sloping ceilings and areas which would be impractical to fit free-standing furniture are among the many advantages. They are ideal for non-standard shaped rooms, attics and extensions. Also, they are widely chosen in standard shaped rooms because of their style and contemporary look.? The doors may be frosted, mirrored, reflective, high gloss, wood, or mixed panel, providing the flexibility of choice to create precisely the look you require. Various runner systems and frames can then be selected. Complemented together with your decor and furnishings, you are able to design your room individual to that of your friends and neighbours. It is worth considering that lighter colours and reflective panels will offer an illusion of spaciousness. Lighting is essential to transform the overall look.? With all the excellent quality and benefits of fitted furniture, they can utilise all available space, with versatile storage solutions, providing the capability to choose internal fixtures and fittings. Hanging rails, drawers, shelving, belt, shoe, tie and scarf racks can be incorporated within the interior of your wardrobes for all your storage needs. Made to measure they utilise all of the available space. From a walk-in dressing room to a built in wardrobe,?Sliding wardrobe doors?can provide the ultimate in design and practicality and transform your home.
The fun Battle Rounds are back for a second week on The Voice!
Things got emotional and downright gritty this week, and in the first matchup on Monday night, Sera Hill did her best to overwhelm Geoff McBride from the get-go.
Geoff sounded sharp both in his practice and the battle itself, and she went on to miss a pretty big note on "Chain of Fools," so it was far from a runaway.
Christina Aguilera gave it to Sera. Do you agree with that call?
In case you are planning to buy a property in the Canyons Real Estate, then it is crucial for you to first get a clear picture concerning the area and all the associated benefits it comes along with. At this time, especially the area of The Canyons, has been in immense demand and certain there are causes related to it. The scenic and utterly pictorial snow capped mountains; splendid ambience has been the reason why people wish to calm down in this area.
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Public release date: 22-Mar-2012
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