Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/295405293?client_source=feed&format=rss
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Sunday, March 31, 2013
Pick 6: A look at the NBA's late-season races
The races are on in the NBA, both on and off the court.
With now less than three weeks remaining in the regular season, the eight teams that will be in the Eastern Conference playoffs are nearly set. Miami is on the verge of the No. 1 seed, though the jockeying for position beyond that will take a while.
Things are less certain out West. The Lakers have recovered from their turbulent first few months to grab a tenuous hold on the No. 8 spot, while the other race in Los Angeles has the Clippers trying to hold off Denver and Memphis for the No. 3 seed.
These other races could be tight right to the finish:
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LAKERS VS. JAZZ AND MAVERICKS. Los Angeles will either make the playoffs as one of the most intriguing underdogs ever, or go down as one of the biggest flops in NBA history. An expected title contender after Dwight Howard and Steve Nash were brought in to join Kobe Bryant and Pau Gasol is instead just trying to hold onto the eighth and final spot in the West ? a task that might've grown tougher with the loss of Metta World Peace for the remainder of the regular season because of knee surgery.
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HEAT VS. SPURS. This would've said Heat vs. 1971-72 Los Angeles Lakers before Wednesday, when Chicago stopped Miami's 27-game winning streak, six shy of the Lakers' record 33-game run. But the Heat won enough during the streak to move two games ahead of the Spurs for the best record in the league and home-court advantage throughout the NBA Finals, and they've said all along another title is what they're really after.
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KEVIN DURANT VS. CARMELO ANTHONY. Durant is leading the league with 28.2 points per game as he tries to join Wilt Chamberlain and Michael Jordan as the only players to win four straight scoring titles. Anthony is at 27.5 but may have blown his chance when he struggled while trying to play through a recent knee injury, totaling 29 points in three games, but insisted last week he doesn't care about the scoring title, anyway.
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SACRAMENTO VS. SEATTLE. Winner gets the Kings franchise. A Seattle group has a deal to purchase 65 percent of the team from the Maloof family, with plans to move it back to the Pacific Northwest and restore the SuperSonics name. But the NBA gave Sacramento a chance to submit its own bid, and Mayor Kevin Johnson is adamant that his city, which approved plans for a $448 million arena, is keeping the team. Both sides will make their case at a meeting in New York on April 3, with owners expected to vote on it during their meetings two weeks later.
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KNICKS VS. NETS. Or, Manhattan vs. Brooklyn, as fans in New York might say. The Knicks have led the Atlantic Division virtually all season, but the Nets actually clinched a playoff berth first and have cut New York's lead to 2? games as they try to hang a banner in their first season since moving from New Jersey. Both franchises have also submitted bids to host the 2015 All-Star game, a decision that could be announced sometime around the NBA Finals.
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MAGIC VS. BOBCATS: Loser gets the best chance at the No. 1 pick in the draft. Charlotte is a half-game behind for the league's worst record, and staying there gives Michael Jordan's team a 25 percent chance of winning the lottery and the right to draft someone like Kentucky's Nerlens Noel. Then again, the worst record didn't help the Bobcats last year, when they fell to No. 2 and missed a shot at Anthony Davis. The last team to win the lottery with the best chance? The Magic themselves, when they took Dwight Howard in 2004.
Source: http://news.yahoo.com/pick-6-look-nbas-season-races-081703421--spt.html
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Saturday, March 30, 2013
Enterprise-Class 3D Printers To Drop Under $2,000 By 2016, Says Report
3D printing is still in its infancy. But, to use an overused phrase, it is the future. From home use to enterprise use, 3D printing will continue to grow and break into new areas. With that comes price reductions. So much so that Gartner predicts enterprise-class 3D printers (read: 3D printers not made by hipsters in Brooklyn) will drop under the $2,000 mark by 2016. The report pegs continued adoption and progression in 3D technology as the cause for the price drop. It's all rather predictable but still a welcomed whisper of the future.Source: http://feedproxy.google.com/~r/Techcrunch/~3/7epBsqIO448/
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SKorea cuts growth forecast, plans stimulus
SEOUL, South Korea (AP) ? South Korea's government cut its forecast for growth in Asia's fourth-largest economy this year as exports stumble due to muted global demand and a weaker yen.
The finance ministry said Thursday that South Korea's economy will expand 2.3 percent this year. Three months ago it forecast 3 percent growth for 2013.
The lower forecast stems from the slower-than-expected global recovery, still weak investment and consumption at home and lack of consumer and corporate confidence, Finance Minister Hyun Oh-seok, told reporters.
"Vitality in South Korea's economy has fallen sharply," Hyun said. "Situations ahead look tough. We cannot expect a significant improvement in exports."
South Korean manufacturers are struggling with weak overseas demand and increased competition from Japan where a new government has talked down the value of the yen, giving a boost to its exporting powerhouses such as Toyota Motor Corp.
The ministry said it will aid an economic recovery with a stimulus plan and spending more than 60 percent of the annual budget during the first half of the year.
Details of the stimulus spending will be announced next month, it said.
Hyundai Research Institute estimates that South Korea needs 11 trillion won ($9.9 billion) of extra government spending to add half a percentage point to growth. South Korea's last major stimulus was under former President Lee Myung-bak in 2009.
South Korea's economy grew 2 percent last year, the slowest pace in three years. The country's small domestic market means it is reliant on exporting to major economies such as China, Europe and the United States. None of those countries has fully recovered from the global recession in 2009.
"A full-scale recovery is being delayed," the finance ministry said in a statement.
The government estimates South Korea's exports were nearly flat during the first three months of 2013 over a year earlier, after a meager 0.3 percent growth in the final three months of 2012.
It attributed the slow improvement in exports to the uncertain economic situations in the U.S. and Europe, as well as the weak yen that made South Korean products less competitive in key overseas markets than Japanese goods.
The bleak economic picture adds to the challenges facing President Park Geun-hye during her first year in office. Park took office in Feb. 25 promising hefty welfare spending, more jobs and an increase of the country's middle class to 70 percent of the population from around 60 percent.
The finance ministry said it needs a bigger budget to aid recovery, to create jobs and to carry out Park's policies and welfare programs during her five year, single term. However, it estimated tax revenues will be lower than expected because of slower growth.
The ministry also pared its job market forecast as businesses remain reluctant to hire when the future is uncertain. South Korea will add only 250,000 new jobs this year, 70,000 less than its previous estimate.
It forecast the surplus in the current account, which is a broad measure of trade and investment balances with the rest of the world, to fall to $29 billion from $43 billion last year.
Inflation pressure will be lower as consumer prices will likely increase 2.3 percent, not 2.7 percent.
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Follow Youkyung Lee on Twitter: http://www.twitter.com/YKLeeAP
Source: http://news.yahoo.com/skorea-cuts-growth-forecast-plans-stimulus-053404541--finance.html
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Friday, March 29, 2013
Google opens Shopping Express pilot with free same-day deliveries in San Francisco
Looking to refresh your polo shirt collection -- today -- without making a trip to the store? There's a Google venture for that, and it's called Shopping Express. The service, which offers same-day delivery from Target, Walgreens, Toys R Us, American Eagle, Staples, Office Depot and a few local shops, has just opened its doors to testers in the San Francisco Bay Area. After signing up on Google's microsite, you'll be on your way to six months of unlimited free deliveries from select retailers. The service competes with similar offerings from Amazon and eBay, and, well, doesn't exactly seem like an obvious fit for Google. We're eager to see how it pans out -- hopefully, if it does turn out to be a worthwhile venture, it won't succumb to the search giant's annual "spring cleaning" ritual. The company is only accepting "a limited number of shoppers" right now, so if you're eligible, sign up at the source link ASAP.
Filed under: Household, Internet, Google
Via: TechCrunch
Source: Google
Source: http://www.engadget.com/2013/03/28/google-shopping-express/
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UPS pays $40M to end online pharmacies probe
SAN FRANCISCO (AP) ? Shipping company UPS has agreed to pay $40 million to end a federal criminal probe connected to its work for online pharmacies.
The U.S. Department of Justice announced Friday that the Atlanta-based company would also "take steps" to block illicit online drug dealers from using their delivery service.
The DOJ says the fine amount is the money UPS collected from suspect online pharmacies.
UPS won't be charged with any crimes. Its biggest rival, FedEx Corp., has also been a target of the federal investigation.
The investigation of the two companies stems from a global campaign to shutter illicit online pharmacies launched in 2005. Since then, dozens of arrests have been made and thousands of websites closed worldwide as investigators continue to broaden the probe beyond the operators.
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Thursday, March 28, 2013
ZTE Posts Second-Straight Quarter Loss, To Round Off First Annual Loss
As it already warned, ZTE posted its second-straight quarterly loss, due to contract delays and falling handset sales in China. It made a net loss of 1.14 billion yuan ($183 million) in the three months ended Dec. 31, compared with its net income of 991.16 million yuan a year prior. Sales in the fourth quarter also fell 16 percent to 23.5 billion yuan ($3.78 billion). This rounds off its first yearly loss, at 2.84 billion yuan ($456 million). The company blamed the decrease in profit margin on low-margin contracts in emerging markets like Africa, South America and Asia, as well as its home market of China. ZTE has spent the last 20 years aggressively expanding overseas, but often at the cost of profitability because of its slim profit margins as it undercuts European equipment makers in emerging markets such as India. It recently said it will try to cut costs and make a profit in the first quarter by focusing on developed markets, instead. ZTE has been lagging behind fellow Chinese rival, Huawei Technologies. The former recently announced it will increase its investment in 4G infrastructure, in order to catch up with Huawei, as the two compete for most 4G contracts from the three major carriers in China?China Mobile, China Unicom and China Telecom.Source: http://feedproxy.google.com/~r/Techcrunch/~3/jaZT_6X9KJY/
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