State Dept security chief resigns after Benghazi

WASHINGTON (AP) ? Three State Department officials resigned under pressure Wednesday, less than a day after a damning report blamed management failures for a lack of security at the U.S. diplomatic mission in Benghazi, Libya, where militants killed the U.S. ambassador and three other Americans on Sept. 11.

The resignations came as lawmakers expressed anger and frustration over the findings of an independent review panel, and the State Department struggled to find a balance between protecting its diplomats while allowing them to do their jobs connecting with people in high-risk posts.

Obama administration officials said those who had stepped down were Eric Boswell, the assistant secretary of state for diplomatic security, Charlene Lamb, the deputy assistant secretary responsible for embassy security, and Raymond Maxwell, the deputy assistant secretary of state who oversees the Maghreb nations of Libya, Algeria, Tunisia and Morocco. The officials spoke on condition of anonymity because they weren't authorized to discuss personnel matters publicly.

Some of the three may have the option of being reassigned to other duties, the officials said.

The department declined immediate comment on the resignation of the officials whose decisions had been criticized in the unclassified version of the Accountability Review Board's report that was released late Tuesday.

The board's co-chairman, retired Adm. Mike Mullen, told reporters that the board had not determined that any officials had "engaged in willful misconduct or knowingly ignored his or her responsibilities,"

But Mullen, a former Joint Chiefs of Staff chairman, added, "We did conclude that certain State Department bureau level senior officials in critical levels of authority and responsibility in Washington demonstrated a lack of leadership and management ability appropriate for senior ranks in their responses to security concerns posed by the special mission."

Mullen said the mission's security fell through bureaucratic cracks caused in part because buildings were categorized as temporary. The report said that budget constraints had caused some officials to be more concerned with saving scarce money than in security.

Co-chairman Thomas Pickering, a retired ambassador, said the personnel on the ground in Benghazi had reacted to the attack with bravery and professionalism. But, he said, the security precautions were "grossly inadequate" and the contingent was overwhelmed by the heavily armed militants.

"They did the best they possibly could with what they had but what they had wasn't enough," Pickering said.

Pickering and Mullen spoke shortly after briefing members of Congress in private. Lawmakers from both parties emerged from the sessions with harsh words for the State Department.

"My impression is the State Department clearly failed the Boy Scout motto of be prepared," said Sen. John Barrasso, R-Wyo.

"They failed to anticipate what was coming because of how bad the security risk already was there. ... They failed to connect the dots," he said. "They didn't have adequate security leading up to the attack and once the attack occurred, the security was woefully inadequate."

Rep. Adam Schiff, a member of the House intelligence committee, said security was "plainly inadequate, intelligence collection needs to be improved, and our reliance on local militias was sorely misplaced.

"These are not mistakes we can afford to make again," he said.

The House intelligence committee chairman, Rep. Mike Rogers, R-Mich., said the report laid bare "the massive failure of the State Department at all levels, including senior leadership, to take action to protect our government employees abroad," and complained that no one was being held accountable.

Rogers also said he was dissatisfied with the lack of progress in finding the attackers.

Lamb, the deputy assistant secretary of state for diplomatic security who was in charge of embassy protection, testified in October before the House Oversight and Government Reform Committee and defended the security measures.

"I made the best decisions I could with the information I had," Lamb said at the time. "We had the correct number of assets in Benghazi at the time of 9/11."

She also told Rep. Dan Burton, R-Ind., that she rejected requests for more security in Benghazi, instead training "local Libyans and army men" to provide security, a policy in force at U.S. diplomatic facilities around the world.

Pickering and Mullen set the stage for public hearings set for Thursday on Capitol Hill., Scheduled to testify were Deputy Secretary of State William Burns, who is in charge of policy, and Deputy Secretary of State Thomas Nides, who is in charge of management.

Secretary of State Hillary Rodham Clinton was to have appeared at Thursday's hearings, but canceled after fainting and sustaining a concussion last week while recovering from a stomach virus. Clinton is under doctors' orders to rest.

Senate Republicans and Democrats said they hoped Clinton would testify on the Hill even though she is planning to step down from her Cabinet post.

In a letter that accompanied the transmission of the report to Capitol Hill, Clinton thanked the board for its "clear-eyed, serious look at serious systemic challenges" and said she accepted its 29 recommendations to improve security at high-threat embassies and consulates.

She said the department had begun to put in place some of the recommendations. They include increasing by several hundred the number of Marine guards stationed at diplomatic missions throughout the world; relying less on local security forces for protection at embassies, consulates and other offices; and increasing hiring and deployment of highly trained Diplomatic Security agents at at-risk posts.

Clinton agreed with the panel's finding that Congress must fully fund the State Department's security initiatives. The panel found that budget constraints in the past had led some management officials to emphasize savings over security, including rejecting numerous requests from the Benghazi mission and the embassy in Tripoli for enhanced protection.

House and Senate negotiators working on a defense bill agreed on Tuesday to fund 1,000 more Marines at embassy security worldwide.

The report singled out the Bureau of Diplomatic Security and the Bureau of Near East Affairs for criticism. It said there was a lack of cooperation and confusion over protection at the mission in Benghazi, a city in eastern Libya that was relatively lawless after the revolution that toppled Libyan leader Moammar Gadhafi.

But it broke little new ground about the timeline of the Benghazi attack. Killed were U.S. Ambassador Chris Stevens, information specialist Sean Smith, and former Navy SEALs Glen Doherty and Tyrone Woods ? who were contractors working for the CIA. Stevens was the first U.S. ambassador killed since 1988.

The board determined that there had been no immediate, specific tactical warning of a potential attack on the 11th anniversary of Sept. 11, 2001. But the report said there had been several worrisome incidents before to the attack that should have set off warning bells.

It did confirm, though, that contrary to initial accounts, there was no protest outside the facility.

In the immediate aftermath of the attack, administration officials linked the attack to the spreading protests that had begun in Cairo earlier that day over an American-made, anti-Islamic film. Those comments came after evidence already pointed to a distinct militant attack in Benghazi.

U.N. Ambassador Susan Rice appeared on numerous TV talk shows the Sunday after the attack and used the administration talking points linking it to the film. An ensuing brouhaha in the heat of the presidential campaign eventually led her to withdraw her name from consideration to replace Clinton as secretary of state in President Barack Obama's second term.

Sen. Jim Inhofe, R-Okla., emerging from the Senate briefing on the report, kept up the congressional criticism of Rice.

"Now we all know she had knowledge. She knew what the truth was. It was a cover-up," he said.

While criticizing State Department management in Washington along with the local militia force and contract guards that the mission depended on for protection, the report said U.S. personnel on the ground in Benghazi "performed with courage and readiness to risk their lives to protect their colleagues in a near-impossible situation."

It said the response by Diplomatic Security agents on the scene and CIA operatives at a nearby compound that later came under attack itself had been "timely and appropriate" and absolved the military from any blame. "There was simply not enough time for armed U.S. military assets to have made a difference," it said.

The report also discounted speculation that officials in Washington had refused appeals for additional help after the attack had begun.

The report said the evacuation of the dead and wounded 12 hours after the initial attack was due to "exceptional U.S. government coordination and military response" that helped save the lives of two seriously wounded Americans.

___

Associated Press writers Donna Cassata and Kimberly Dozier contributed to this report.

Source: http://news.yahoo.com/state-dept-security-chief-resigns-benghazi-170144122--politics.html

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Pocket test measures fifty things in a drop of blood

Dec. 19, 2012 ? A new device about the size of a business card could allow health care providers to test for insulin and other blood proteins, cholesterol, and even signs of viral or bacterial infection all at the same time -- with one drop of blood. Preliminary tests of the V-chip, created by scientists at The Methodist Hospital Research Institute and MD Anderson Cancer Center, were just published by Nature Communications.

"The V-Chip could make it possible to bring tests to the bedside, remote areas, and other types of point-of-care needs," said Nanomedicine faculty member Lidong Qin, Ph.D., the project's principal investigator. "V-Chip is accurate, cheap, and portable. It requires only a drop of a sample, not a vial of blood, and can do 50 different tests in one go."

Similar assays are typically done using heavy, large, complex equipment such as mass spectrometers, or require fluoroscopy analysis, which must also be done in a lab.

The V-chip, short for "volumetric bar-chart chip," on the other hand, can be carried around in a pocket. It is composed of two thin pieces of glass, about 3 in. by 2 in. In between are wells for four things: (1) hydrogen peroxide, (2) up to 50 different antibodies to specific proteins, DNA or RNA fragments, or lipids of interest, and the enzyme catalase, (3) serum or other sample, and (4) a dye -- any dye will do. Initially, the wells are kept separate from each other. A shift in the glass plates brings the wells into contact, creating a contiguous, zig-zagged space from one end of the V-chip to the other.

As the substance of interest -- say, insulin -- binds to antibodies bound to the glass slide, catalase is made active and splits nearby hydrogen peroxide into water and oxygen gas. This approach is called ELISA, or enzyme-linked immunosorbent assay. The oxygen pushes the dye up the column. The more present insulin is, the more oxygen is created, and the farther dye is pushed up the slide. Tests show that distance is more or less proportional to the amount of substrate present, in this example, insulin. The end result is a visual bar chart. Easy to read and accurate, Qin says, though development continues.

"The sensitivity of the V-chip can be improved if narrower and longer bar channels are used," Qin said. "Our next steps are to make the device more user friendly and be so simple to use, it barely needs instructions."

Qin is also a Weill Cornell Medical College assistant professor of cell and developmental biology.

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The above story is reprinted from materials provided by Methodist Hospital, Houston, via Newswise.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.

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Journal Reference:

1. Yujun Song, Yuanqing Zhang, Paul E. Bernard, James M. Reuben, Naoto T. Ueno, Ralph B. Arlinghaus, Youli Zu, Lidong Qin. Multiplexed volumetric bar-chart chip for point-of-care diagnostics. Nature Communications, 2012; 3: 1283 DOI: 10.1038/ncomms2292

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/beKv54NZu-g/121219152621.htm

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Blast From the Past (talking-points-memo)

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Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/271728951?client_source=feed&format=rss

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Special Section: Focus on Commercial Real Estate ? Health Care ...

Posted: 8:15 am Tue, December 18, 2012
By admin?Johnson Finance and Commerce 8:15 am Tue, December 18, 2012

Below you can read the December 2012 edition of our Focus on Commercial Real Estate Sector special section.

You can also read the individual articles?here.

To view the section in Full Screen mode, click on the box icon on the upper left corner of the viewer screen below.

This entry was posted on Tuesday, December 18th, 2012 at 8:15 am and is filed under Focus on Commercial Real Estate Sector. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

Source: http://finance-commerce.com/2012/12/special-section-focus-on-commercial-real-estate-health-care/

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Newtown Shooting & Entertainment: Film & TV Industries Cancel Premieres & Screenings In Tragedy's Wake

Twenty-seven small U.S. flags adorn a large flag on a makeshift memorial on the side of Highway 84 near the Newtown, Conn., town line as residents mourn victims killed by gunman Adam Lanza, Monday, Dec. 17, 2012. On Friday, authorities say Lanza killed his mother at their home and then opened fire inside the Sandy Hook Elementary School in Newtown, killing 26 people, including 20 children, before taking his own life. (AP Photo/Julio Cortez)

In this photo taken with a fisheye lens, a message honoring the victims that died a day earlier when a gunman opened fire at an elementary hang from a bridge near Hawley Pond, Saturday, Dec. 15, 2012, in Newtown, Conn. The massacre of 26 children and adults at Sandy Hook Elementary school elicited horror and soul-searching around the world even as it raised more basic questions about why the gunman, 20-year-old Adam Lanza, would have been driven to such a crime and how he chose his victims. (AP Photo/Julio Cortez)

Mourners carry ornaments to decorate the Christmas trees at one of the makeshift memorials for the Sandy Hook Elementary School shooting victims, Monday,Dec. 17, 2012 in Newtown, Conn. Authorities say gunman Adam Lanza killed his mother at their home on Friday and then opened fire inside the Sandy Hook Elementary School in Newtown, killing 26 people, including 20 children, before taking his own life. (AP Photo/Mary Altaffer)

Crayons sit on a table outside of a barbershop a day after a gunman opened fire at Sandy Hook Elementary School, Saturday, Dec. 15, 2012, in the Sandy Hook village of Newtown, Conn. The massacre of 26 children and adults at Sandy Hook Elementary school elicited horror and soul-searching around the world even as it raised more basic questions about why the gunman, 20-year-old Adam Lanza, would have been driven to such a crime and how he chose his victims. (AP Photo/Julio Cortez)

Crayons sit on a table outside of a barbershop a day after a gunman opened fire at Sandy Hook Elementary School, Saturday, Dec. 15, 2012, in the Sandy Hook village of Newtown, Conn. The massacre of 26 children and adults at Sandy Hook Elementary school elicited horror and soul-searching around the world even as it raised more basic questions about why the gunman, 20-year-old Adam Lanza, would have been driven to such a crime and how he chose his victims. (AP Photo/Julio Cortez)

Tamara Doherty

Shop owner Tamara Doherty, paces outside her store just down the road from Sandy Hook Elementary School, Saturday, Dec. 15, 2012, in Newtown, Conn. The massacre of 26 children and adults at Sandy Hook Elementary school elicited horror and soul-searching around the world even as it raised more basic questions about why the gunman, 20-year-old Adam Lanza, would have been driven to such a crime and how he chose his victims. (AP Photo/David Goldman)

Tamara Doherty, Jackie Gaudet

Shop owners Tamara Doherty, left, and Jackie Gaudet, right, meet outside their stores for the first time since being neighbors, just down the road from Sandy Hook Elementary School, Saturday, Dec. 15, 2012, in Newtown, Conn. The massacre of 26 children and adults at Sandy Hook Elementary school elicited horror and soul-searching around the world even as it raised more basic questions about why the gunman, 20-year-old Adam Lanza, would have been driven to such a crime and how he chose his victims. (AP Photo/David Goldman)

Kristin Hoyt

Kristin Hoyt, 18, of Danbury, Conn., ties a balloon to an overpass up the road from the Sandy Hook Elementary School, Saturday, Dec. 15, 2012, in Newtown, Conn. The massacre of 26 children and adults at Sandy Hook Elementary school elicited horror and soul-searching around the world even as it raised more basic questions about why the gunman, 20-year-old Adam Lanza, would have been driven to such a crime and how he chose his victims. (AP Photo/David Goldman)

A Newtown, Conn., resident, who declined to give her name, sits at an intersection holding a sign for passing motorists up the road from the Sandy Hook Elementary School, Saturday, Dec. 15, 2012, in Newtown, Conn. The massacre of 26 children and adults at Sandy Hook Elementary school elicited horror and soul-searching around the world even as it raised more basic questions about why the gunman, 20-year-old Adam Lanza, would have been driven to such a crime and how he chose his victims. (AP Photo/David Goldman)

A snowflake ornament with the name of 6-year-old Noah Pozner hangs on a Christmas tree at a makeshift memorial in the Sandy Hook village of Newtown, Conn., Monday, Dec. 17, 2012, as the town mourns victims killed in Friday's school shooting. Pozner, who was killed Friday when gunman Adam Lanza opened fire inside the Sandy Hook Elementary School, will be buried Monday. (AP Photo/Julio Cortez)

Twenty-seven small U.S. flags adorn a large flag on a makeshift memorial on the side of Highway 84 near the Newtown, Conn., town line as residents mourn victims killed by gunman Adam Lanza, Monday, Dec. 17, 2012. Authorities say Lanza killed his mother at their home and then opened fire inside the Sandy Hook Elementary School in Newtown, killing 26 people, including 20 children, before taking his own life, on Friday. (AP Photo/Julio Cortez)

Jamie Duncan, 16, of Newtown, Conn., lights a candle at one of the makeshift memorials for the Sandy Hook Elementary School shooting victims, Monday,Dec. 17, 2012 in Newtown, Conn. Authorities say gunman Adam Lanza killed his mother at their home on Friday and then opened fire inside the Sandy Hook Elementary School in Newtown, killing 26 people, including 20 children, before taking his own life. (AP Photo/Mary Altaffer)

A mourner carries a giant Winnie the Pooh stuffed animal to place at one of the makeshift memorials for the Sandy Hook Elementary School shooting victims, Monday,Dec. 17, 2012 in Newtown, Conn. Authorities say gunman Adam Lanza killed his mother at their home on Friday and then opened fire inside the Sandy Hook Elementary School in Newtown, killing 26 people, including 20 children, before taking his own life. (AP Photo/Mary Altaffer)

A hearse arrives at B'nai Israel Cemetery with the body of Noah Pozner, a six-year-old killed in an elementary school shooting, during funeral services, Monday, Dec. 17, 2012, in Monroe, Conn. Authorities say gunman Adam Lanza killed his mother at their home on Friday and then opened fire inside the Sandy Hook Elementary School in Newtown, killing 26 people, including 20 children, before taking his own life. (AP Photo/Julio Cortez)

People arrive at B'nai Israel Cemetery during burial services for Noah Pozner, a six-year-old killed in the Sandy Hook Elementary School shooting, Monday, Dec. 17, 2012, in Monroe, Conn. Authorities say gunman Adam Lanza killed his mother at their home on Friday and then opened fire inside the Sandy Hook Elementary School in Newtown, killing 26 people, including 20 children, before taking his own life. (AP Photo/Julio Cortez)

Veronika Pozner

Veronique Pozner waves to the assembled media as she leaves after a funeral service for her 6-year-old son Noah Pozner, Monday, Dec. 17, 2012, in Fairfield, Conn. Noah Pozner was killed when Adam Lanza walked into Sandy Hook Elementary School in Newtown, Conn., Friday and opened fire, killing 26 people, including 20 children. (AP Photo/Jason DeCrow)

Sandy Hook Elementary School Shooting

Twenty seven wooden stand in a yard down the street from the Sandy Hook School December 16, 2012 in Newtown, Connecticut. Twenty-six people were shot dead, including twenty children, after a gunman identified as Adam Lanza opened fire at Sandy Hook Elementary School. Lanza also reportedly had committed suicide at the scene. A 28th person, believed to be Nancy Lanza, found dead in a house in town, was also believed to have been shot by Adam Lanza. (Photo by Spencer Platt/Getty Images)

Sandy Hook Elementary School Shooting

Newtown residents Claire Swanson, Kate Suba, Jaden Albrecht, Simran Chand and New London, Connecticut residents Rachel Pullen and her son Landon DeCecco, hold candles at a memorial for victims on the first Sunday following the mass shooting at Sandy Hook Elementary School on December 16, 2012 in Newtown, Connecticut. (Photo by Mario Tama/Getty Images)

Sandy Hook Elementary School Shooting

U.S. President Barack Obama waits to speak at an interfaith vigil for the shooting victims from Sandy Hook Elementary School on December 16, 2012 at Newtown High School in Newtown, Connecticut. (Photo by Olivier Douliery-Pool/Getty Images)

Sandy Hook Elementary School Shooting

Eknoor Kaur, 3, stands with her father Guramril Singh during a candlelight vigil outside Newtown High School before an interfaith vigil with President Barack Obama, Sunday, Dec. 16, 2012, in Newtown, Conn. A gunman walked into Sandy Hook Elementary School in Newtown Friday and opened fire, killing 26 people, including 20 children. (AP Photo/Jason DeCrow)

Sandy Hook Elementary School Shooting

New London, Connecticut resident Rachel Pullen (C) kisses her son Landon DeCecco at a memorial for victims near the school on the first Sunday following the mass shooting at Sandy Hook Elementary School on December 16, 2012 in Newtown, Connecticut. (Photo by Mario Tama/Getty Images)

Sandy Hook Elementary School Shooting

US President Barack Obama speaks during a memorial service for the victims and relatives of the Sandy Hook Elementary School shooting on December 16, 2012 in Newtown, Connecticut. Twenty-six people were killed when a gunman entered Sandy Hook Elementary and began a shooting spree. AFP PHOTO/Mandel NGAN

Sandy Hook Elementary School Shooting

A woman covers her face as US President Barack Obama reads out the names of children killed during Sandy Hook Elementary School shooting at a interfaith memorial for victims and relatives at the Newtown High School on December 16, 2012 in Newtown, Connecticut. Twenty-six people were killed when a gunman entered Sandy Hook Elementary and began a shooting spree. AFP PHOTO/Mandel NGAN

Sandy Hook Elementary School Shooting

A woman pays respects at a memorial outside of St. Rose of Lima Roman Catholic Church, Sunday, Dec. 16, 2012, in Newtown, Conn. On Friday, a gunman allegedly killed his mother at their home and then opened fire inside the Sandy Hook Elementary School in Newtown, killing 26 people, including 20 children. (AP Photo/Julio Cortez)

Sandy Hook Elementary School Shooting

Residents wait for the start of an interfaith vigil for the victims of the Sandy Hook Elementary School shooting on Sunday, Dec. 16, 2012 at Newtown High School in Newtown, Conn. A gunman walked into Sandy Hook Elementary School Friday and opened fire, killing 26 people, including 20 children. (AP Photo/Evan Vucci)

Sandy Hook Elementary School Shooting

Cheryl Girardi, of Middletown, Conn., kneels beside 26 teddy bears, each representing a victim of the Sandy Hook Elementary School shooting, at a sidewalk memorial, Sunday, Dec. 16, 2012, in Newtown, Conn. A gunman walked into Sandy Hook Elementary School in Newtown Friday and opened fire, killing 26 people, including 20 children.(AP Photo/David Goldman)

Sandy Hook Elementary School Shooting

Connecticut State Police officers respond to a bomb threat outside of St. Rose of Lima Roman Catholic Church, Sunday, Dec. 16, 2012, in Newtown, Conn. Worshippers hurriedly left the church Sunday, not far from where a gunman opened fire Friday inside the Sandy Hook Elementary School in Newtown. (AP Photo/Julio Cortez)

Sandy Hook Elementary School Shooting

Ava Staiti, 7, of New Milford, Conn., looks up at her mother Emily Staiti, not pictured, while visiting a sidewalk memorial with 26 teddy bears, each representing a victim of the Sandy Hook Elementary School shooting, Sunday, Dec. 16, 2012, in Newtown, Conn. A gunman walked into Sandy Hook Elementary School in Newtown Friday and opened fire, killing 26 people, including 20 children. (AP Photo/David Goldman)

Sandy Hook Elementary School Shooting

This photo provided by the family shows Jessica Rekos. Rekos, 6, was killed Friday, Dec. 14, 2012, when a gunman opened fire at Sandy Hook Elementary School, in Newtown, Conn., killing 26 children and adults at the school, before killing himself. (AP Photo/Courtesy of Rekos Family)

Sandy Hook Elementary School Shooting

A U.S. flag flies at half staff outside the Newtown High School before President Barack Obama is scheduled to attend a memorial for the victims of the Sandy Hook Elementary School shooting, Sunday, Dec. 16, 2012, in Newtown, Conn. A gunman walked into Sandy Hook Elementary School in Newtown Friday and opened fire, killing 26 people, including 20 children. (AP Photo/David Goldman)

Sandy Hook Elementary School Shooting

David Freedman, right, kneels with his son Zachary, 9, both of Newtown, Conn., as they visit a sidewalk memorial for the Sandy Hook Elementary School shooting victims, Sunday, Dec. 16, 2012, in Newtown, Conn. A gunman walked into Sandy Hook Elementary School in Newtown Friday and opened fire, killing 26 people, including 20 children. (AP Photo/David Goldman)

Sandy Hook Elementary School Shooting

A man reacts at the site of a makeshift memorial for school shooting victims in Newtown, Conn., Sunday, Dec. 16, 2012. A gunman opened fire at Sandy Hook Elementary School in the town, killing 26 people, including 20 children before killing himself on Friday. (AP Photo/Charles Krupa)

Sandy Hook Elementary School Shooting

People wait in line to attend an interfaith vigil with President Barack Obama, Sunday, Dec. 16, 2012, in Newtown, Conn. A gunman walked into Sandy Hook Elementary School in Newtown Friday and opened fire, killing 26 people, including 20 children. (AP Photo/Jason DeCrow)

Sandy Hook Elementary School Shooting

Residents greet each other before the start of an interfaith vigil for the victims of the Sandy Hook Elementary School shooting on Sunday, Dec. 16, 2012 at Newtown High School in Newtown, Conn. A gunman walked into Sandy Hook Elementary School Friday and opened fire, killing 26 people, including 20 children. (AP Photo/ Evan Vucci)

Sandy Hook Elementary School Shooting

Residents greet each other before the start of an interfaith vigil for the victims of the Sandy Hook Elementary School shooting on Sunday, Dec. 16, 2012, at Newtown High School in Newtown, Conn. A gunman walked into the school Friday and opened fire, killing 26 people, including 20 children. President Barack Obama is to scheduled to speak at the event. (AP Photo/ Evan Vucci)

Sandy Hook Elementary School Shooting

Residents greet each other before the start of an interfaith vigil for the victims of the Sandy Hook Elementary School shooting on Sunday, Dec. 16, 2012, at Newtown High School in Newtown, Conn. A gunman walked into the elementary school Friday and opened fire, killing 26 people, including 20 children. President Barack Obama is scheduled to speak during the vigil. (AP Photo/ Evan Vucci)

Sandy Hook Elementary School Shooting

This image provided by the family shows Grace McDonnell posing for a portrait in this family photo taken Aug. 18, 2012. Grace McDonnell was killed Friday, Dec. 14, 2012, when a gunman opened fire at Sandy Hook Elementary School in Newtown, Conn., killing 26 children and adults at the school. (AP Photo/Courtesy of the McDonnell Family)

Sandy Hook Elementary School Shooting

This Nov. 18, 2012 photo provided by John Engel shows Olivia Engel, 6, in Danbury, Conn. Olivia Engel, was killed Friday, Dec. 14, 2012, when a gunman opened fire at Sandy Hook Elementary School, in Newtown, Conn., killing 26 children and adults at the school. (AP Photo/Engel Family, Tim Nosezo)

Emilie Alice Parker

This 2012 photo provided by the family shows Emilie Alice Parker. Parker was killed Friday, Dec. 14, 2012, when a gunman opened fire at Sandy Hook elementary school in Newtown, Conn., killing 26 children and adults at the school. (AP Photo/Courtesy of the Parker Family)

Noah Pozner

This Nov. 13, 2012 photo provided by the family via The Washington Post shows Noah Pozner. The six-year-old was one of the victims in the Sandy Hook elementary school shooting in Newtown, Conn. on Dec. 14, 2012. (AP Photo/Family Photo)

Sandy Hook Elementary School Shooting

This handout image provided by ABC News, shows Nancy J. Lanza mother of suspected mass shooter Adam Lanza at an unspecified time and place. Twenty six people were shot dead, including twenty children, after a gunman identified as Adam Lanza opened fire at Sandy Hook Elementary School. Lanza also reportedly had committed suicide at the scene. A 28th person, believed to be Nancy Lanza was found dead in a house in town, was also believed to have been shot by Adam Lanza. (Family of Nancy Lanza / ABC News / Getty Images)

Sandy Hook Elementary School Shooting

<a href="http://www.huffingtonpost.com/huff-wires/20121215/us-school-shooting-victims/?utm_hp_ref=homepage&ir=homepage">Lauren Rousseau, 30,</a> had started a job as a full-time teacher at Sandy Hook Elementary School this fall. She was killed in the Dec. 14 shooting at the school.

Sandy Hook Elementary School Shooting

School psychologist Mary Sherlach, 56, was killed during an attempt to stop gunman Adam Lanza during the Dec. 14 mass shooting at Sandy Hook Elementary School in Newtown, Conn. <a href="http://www.huffingtonpost.com/huff-wires/20121215/us-school-shooting-victims/?utm_hp_ref=homepage&ir=homepage">Sherlach and school principal Dawn Hochsprung</a> reportedly both lunged at Lanza in an attempt to protect the school's students and teachers. Both Sherlach and Hochsprung were killed.

Sandy Hook Elementary School Shooting

Victoria Soto, a 27-year-old teacher, was killed in the Dec. 14 shooting at Sandy Hook Elementary School. Her cousin, Jim Wiltsie, told ABC that Soto, a teacher, died while shielding her young students from the gunman, <a href="http://www.huffingtonpost.com/huff-wires/20121215/us-school-shooting-victims/?utm_hp_ref=homepage&ir=homepage">according to the AP.</a>

Sandy Hook Elementary School Shooting

<a href="http://www.huffingtonpost.com/2012/12/14/sandy-hook-principal-dawn-hochsprung_n_2303944.html">Sandy Hook Elementary School Principal Dawn Lafferty Hochsprung</a>, 47, was killed as she, along with school psychologist Mary Sherlach, attempted to overtake gunman Adam Lanza during the Dec. 14 mass shooting at the school. Hochsprung and Sherlach reportedly both lunged at Lanza in an effort to defend the students and teachers at the school. Both women were killed.

Sandy Hook Elementary School Shooting

This photo posted to the Emilie Parker Fund Facebook page shows Emilie Parker. Fighting back tears and struggling to catch his breath, Robbie Parker the father of 6-year-old Emile Parker who was gunned down in Friday's school shooting in Connecticut told the world about a little girl who loved to draw and was always smiling, and he also reserved surprising words of sympathy for the gunman. (AP Photo/Emilie Parker Fund)

Sandy Hook Elementary School Shooting

Shop owner Tamara Doherty paces outside her store just down the road from Sandy Hook Elementary School, Saturday, Dec. 15, 2012, in Newtown, Conn. The massacre of 26 children and adults at the school elicited horror and soul-searching around the world even as it raised more basic questions about why the gunman, 20-year-old Adam Lanza, would have been driven to such a crime and how he chose his victims. (AP Photo/David Goldman)

Sandy Hook Elementary School Shooting

This photo posted to the Emilie Parker Fund Facebook page shows Emilie Parker and her father Robbie Parker. Fighting back tears and struggling to catch his breath, Robbie Parker the father of 6-year-old Emile Parker who was gunned down in Friday's school shooting in Connecticut told the world about a little girl who loved to draw and was always smiling, and he also reserved surprising words of sympathy for the gunman. (AP Photo/Emilie Parker Fund)

Sandy Hook Elementary School Shooting

Robbie Parker, the father of six-year-old Emilie who was killed in the Sandy Hook Elementary School shooting, fights back tears as he speaks during a news conference, Saturday, Dec. 15, 2012, in Newtown, Conn. (AP Photo/David Goldman)

Sandy Hook Elementary School Shooting

Isabella Jimenez, 12, reacts while talking to reporters about the shooting rampage from a day earlier when a gunman opened fire at Sandy Hook Elementary School, Saturday, Dec. 15, 2012, in Newtown, Conn. Jimenez said she might know the victims because she has done volunteer work with small children. The massacre of 26 children and adults at Sandy Hook Elementary school elicited horror and soul-searching around the world even as it raised more basic questions about why the gunman, 20-year-old Adam Lanza, would have been driven to such a crime and how he chose his victims. (AP Photo/Julio Cortez)

Sandy Hook Elementary School Shooting

Newtown, Connecticut mass shooter Adam Lanza is third from right in this 2008 yearbook photo. <a href="http://abcn.ws/UlqIyn">(ABC News)</a>

Source: http://www.huffingtonpost.com/2012/12/18/newtown-shooting-entertainment-film-tv-cancel_n_2321389.html

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The First 10 Minutes of the New Star Trek Into Darkness Leaked Online

You've got to watch this: a Russian site has obtained the first ten minutes of the new Star Trek Into Darkness movie. It's quite blurry but holy mother of Spock!—what a ride. More »

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/aNZlM3zUtqI/

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Oracle 2Q earnings rise 18 pct to top Street view

SAN FRANCISCO (AP) ? Snapping out of a summertime lull, Oracle's latest quarter demonstrated that companies have been splurging on software and other technology as the year comes to a close, despite uncertainty about the economy's prospects.

The results announced Tuesday are an improvement from Oracle's previous quarter, when the business-software maker's revenue dipped slightly from a year earlier.

The most recent quarter spanned September through November. That makes Oracle the first technology bellwether to provide insights into corporate spending since the Nov. 6 re-election of President Barack Obama. It's also the first to report since negotiations to avoid the so-called fiscal cliff began to heat up in Washington.

The solid performance by one of the world's biggest technology suppliers suggests corporate decision makers aren't fretting too much about the economy falling off the cliff. The fiscal cliff refers to the combination of wide-ranging increases in taxes and cuts in government spending that will be automatically triggered Jan. 1 unless the White House and Congress can reach an agreement on how to soften the impact.

"As can see in our numbers, folks wanted to spend their budgets, continue to want to spend their budgets," Safra Catz, Oracle's chief financial officer, said in a conference call with analysts. "We are having an absolutely wonderful December so far."

Forrester Research analyst Andrew Bartels described Oracle's performance as encouraging, but said it's still too early to conclude other major technology vendors catering to big companies have been recording similar late-year gains. "This is good news, but it's not definitive," he said.

Oracle Corp. earned $2.6 billion, or 53 cents per share, in its fiscal second quarter. That's an 18 percent increase from net income of $2.2 billion, or 43 cents per share, a year ago.

If not for charges for past acquisitions and certain other costs, Oracle said it would have earned 64 cents per share. On that basis, Oracle topped the average earnings estimate of 61 cents per share among analysts surveyed by FactSet.

Revenue increased 3 percent from last year to $9.1 billion ? about $900 million more than analysts had projected.

In a particularly heartening sign, Oracle said sales of new software licenses and subscriptions to its online services climbed 17 percent from last year to outstrip the most optimistic predictions issued by management three months ago. Bartels said the increase isn't quite as good as it looks because it includes contributions from two online subscription services, RightNow Technologies and Taleo, that Oracle didn't own at the same time last year. Oracle bought RightNow for $1.5 billion in January and acquired Taleo for about $2 billion in April.

The flow of new licenses and subscriptions, which represent about a quarter of Oracle's revenue, is closely tracked by investors because they spawn more revenue in the future from upgrades.

In the current quarter, which ends in February, Oracle expects software licenses and subscriptions to increase in the range of 3 percent to 13 percent from the previous year. The company, based in Redwood Shores, Calif., predicted its adjusted earnings in the current quarter will range from 64 cents to 68 cents per share on revenue ranging from $9.1 billion to $9.5 billion. That would be a 1 percent to 5 percent increase from the prior year.

Analysts are forecasting adjusted net income of 66 cents a share on revenue of $9.44 billion.

Oracle's stock added 52 cents to $33.40 in extended trading after the numbers came out. If that gain holds in Wednesday's regular trading session, it will mark a new 52-week high for the stock.

The specter of higher taxes prompted Oracle to make the unusual decision to bunch the next three quarters of stock dividends into a single payment that will be made before the end of the year. The move, announced earlier this month, is designed to ensure that Oracle CEO Larry Ellison, who owns a 23.5 percent stake in the company, and his fellow shareholders don't get hit with a higher tax bill on dividend income next year. The accelerated payment schedule will distribute about $206 million to Ellison, already one of the world's richest people, and will lower his tax bill by tens of millions, if the rates on dividend income rise next year.

Oracle would have fared even better if it could find a way to sell more computer servers and other hardware, something it has been unsuccessfully trying to do since completing its $7.3 billion acquisition of Sun Microsystems Inc. in 2010. The company's hardware revenue plunged 16 percent from last year.

In Tuesday's conference call, Ellison said some of the erosion in the hardware division has been by design as Oracle weeds out some of the less-profitable equipment. He assured analysts that hardware revenue will start increasing in the final quarter of Oracle's fiscal year ? the period spanning from March through May. Sun's Java programming language already has been paying off for the software side of Oracle's business, according to Ellison.

"Sun has already proven to be the most strategic and profitable acquisition Oracle has ever made," he said.

Source: http://news.yahoo.com/oracle-2q-earnings-rise-18-pct-top-street-215903016--finance.html

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