Friday, August 2, 2013

Senate kills effort to cut off aid to Egypt (Washington Bureau)

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Valerie Harper starts work on TV movie

LOS ANGELES (AP) ? The UP cable channel said Valerie Harper is filming a TV movie in Canada.

The movie, titled "The Town that Came A-Courtin', is based on a novel by Ronda Rich and also stars Lauren Holly, Cameron Bancroft and Lucie Guest.

UP, which described the movie as an uplifting romance, said Wednesday it welcomed the "inspirational" Harper as part of the project.

In March, the 73-year-old actress said she's been diagnosed with a rare, incurable brain cancer but that she intended to live each moment fully.

Harper gained fame playing Rhoda Morgenstern on television's "The Mary Tyler Moore Show" and "Rhoda."

UP's "The Town that Came A-Courtin'" will air in January 2014, the channel said. It's being shot in Vancouver, British Columbia.

Source: http://news.yahoo.com/valerie-harper-starts-tv-movie-080646524.html

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Texas Atty. General Candidate Says Facebook Pulled His Campaign Video Because He Supports Traditional Marriage

A Republican candidate for Texas attorney general says Facebook froze his account and deleted a video announcing his candidacy without explanation -- but suspects it was because of his support for traditional marriage.

State Rep. Dan Branch was temporarily blocked from posting on his official Facebook page Thursday and had his announcement video removed because it apparently violated the site's "community standards," campaign manager Enrique Marquez told TheBlaze.

The Branch campaign contacted Facebook about which standard the video violated but was not given an explanation, Marquez said. Facebook prohibits content that is violent, threatening, graphic or deemed hate speech, among other restrictions.

Marquez said the campaign believes the video was flagged because Branch vowed to fight for the state's "right to define a marriage as between one man and one woman."

"[We] suspect that...someone considered it hate speech and it was brought down...all signs point to that and Facebook isn't giving us any answers," Marquez said.

A 12-hour ban from posting expired Thursday afternoon, but Marquez said the campaign opted not to re-post the video until they were told exactly why it was removed in the first place.

"We have yet to get a straight answer as to why it's been deleted," Marquez said.

A representative from Facebook did not immediately respond to a request for comment from TheBlaze.

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Source: http://news.yahoo.com/texas-atty-general-candidate-says-facebook-pulled-campaign-222424116.html

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Thursday, August 1, 2013

Sony returns to quarterly profit on cheap yen

People take photos of tropical fish from waters around the southernmost Japanese island of Okinawa on display in a glass tank placed outside Sony Building in Tokyo's Ginza shopping district Thursday, Aug. 1, 2013. Japanese electronics and entertainment company Sony Corp. reported a 3.5 billion yen ($35 million) April-June profit, a reversal from the 24.6 billion yen loss it suffered the previous year. (AP Photo/Shizuo Kambayashi)

People take photos of tropical fish from waters around the southernmost Japanese island of Okinawa on display in a glass tank placed outside Sony Building in Tokyo's Ginza shopping district Thursday, Aug. 1, 2013. Japanese electronics and entertainment company Sony Corp. reported a 3.5 billion yen ($35 million) April-June profit, a reversal from the 24.6 billion yen loss it suffered the previous year. (AP Photo/Shizuo Kambayashi)

Children get excited to watch tropical fish from waters around the southernmost Japanese island of Okinawa on display in a glass tank placed outside Sony Building in Tokyo's Ginza shopping district Thursday, Aug. 1, 2013. Japanese electronics and entertainment company Sony Corp. reported a 3.5 billion yen ($35 million) April-June profit, a reversal from the 24.6 billion yen loss it suffered the previous year. (AP Photo/Shizuo Kambayashi)

(AP) ? As a slew of big-name Japanese companies report improved quarterly earnings, one theme is taking the sheen off their rosy numbers: mainstay businesses are still struggling despite the perk from a weaker yen.

The latest example came Thursday from Sony Corp. The Japanese electronics and entertainment company reported a 3.5 billion yen ($35 million) April-June profit, a reversal from the 24.6 billion yen loss it suffered the previous year.

Sony also saw some improvement in its smartphone and entertainment businesses. But it still had plenty of areas where it was lagging, such as digital cameras, video game machines and flat panel TVs. Its results would have been far different if it weren't for the favorable exchange rate.

A weak yen boosts the earnings of Japanese exporters, although Sony has been trying to reduce its vulnerability to exchange rate fluctuations in recent years when the yen was high.

Quarterly sales jumped 13 percent to 1.71 trillion yen ($17 billion). But they would have slipped 3 percent if it weren't for the declining yen, the Tokyo-based company said.

In its electronics unit, Sony gained 19 billion yen ($190 million) in operating profit from a cheap yen.

Other Japanese companies whose earnings fared better largely on a cheap yen included video-game maker Nintendo Co., automaker Honda Motor Co. and Sony's domestic archrival Panasonic Corp.

Their test lies in how they hold up in global competition ? even without the benefits of a cheap yen.

Daniel Loeb, a U.S. hedge fund manager renowned for shaking up Yahoo Inc., sparked a rise in Sony's share price by proposing a spin off up to 20 percent of its movie, TV and music division. He says the money should be used strengthen Sony's ailing device manufacturing unit.

Sony has said it is considering the proposal from Third Point hedge fund, led by activist investor and billionaire Loeb, but it has also asked for more time to look at all sides. Sony shares have risen after the Loeb proposal.

Also helping Sony's bottom line for the latest quarter was its financial business, such as insurance, because of a recent recovery in the Japanese stock market, it said.

Sony, which makes the PlayStation 3 game machine and Walkman portable recorder, has suffered declining fortunes for several years.

It got slammed in portable digital players by the iPod and iPhone from Apple Inc. and intense competition from powerful South Korean rival Samsung Electronics Co. has also taken its toll.

Sony sank to record losses for the fiscal year ended March 2012 ? the worst result in its more than six decade corporate history.

The company barely dragged itself back into the black for the fiscal year ended March.

An expensive yen had been a key culprit in its woes.

Sony's TV division has lost money for nine straight years. President Kazuo Hirai has repeatedly promised to end the TV losses during this fiscal year through March 2014. Sony achieved profitability in TVs for the latest April-June quarter on the back of its 4K TVs, an extremely high-end product.

Also for the quarter, Sony's movie business did well with the worldwide release of "Men in Black 3." Its music business included the release of popular albums Daft Punk's "Random Access Memories" and "The Truth about Love," by P!nk, it said.

Sony is also set to come out with its latest video game machine, the PlayStation 4, for the year-end holidays in the U.S. and Europe.

But how the machine will translate into better profits for Sony remains unclear. Increased research costs sent Sony's game division into an operating loss for the latest quarter.

"It was a so-so quarter," Chief Financial Officer Masaru Kato said, as the entertainment and financial businesses did well, and the struggling electronics unit was showing signs of improvement. "We think the first quarter is a good indicator that we are going in the right direction."

Sony kept its profit forecast for the full fiscal year unchanged at 50 billion yen ($500 million), but raised its sales forecast slightly to 7.9 trillion yen ($79 billion) from the 7.5 trillion ($75 trillion) it projected in May.

Sharp Corp., a Japanese electronics maker in deeper trouble than even Sony, reported Thursday that April-June quarter losses totaled 18 billion yen ($180 million), better than its 138 billion yen ($1.4 billion) loss for the same period a year earlier.

___

Follow Yuri Kageyama on Twitter at www.twitter.com/yurikageyama

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2013-08-01-Japan-Earns-Sony/id-90d3f2d4359a4b34b5955c5b40aef415

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Pier review ? Restaurant review: Zubu Restaurant at the Pier Hotel ...

The Pier Hotel, the Pier and the Pebble?it?s had various incarnations (and owners) over the years, but the latest update for the Penarth seafront hotel and restaurant, which is now run by the Cioni family who also run the cliff top caf?, is the rather pretentiously named ?Zubu Restaurant at the Pier Hotel? ? at least it is according to the signage on the premises, but their website has no mention of Zubu!

Living, as we do, a stone?s throw from Penarth seafront, we like to wander down there on a sunny day and have a drink, but the area doesn?t offer a huge amount in the way of places to sit in the sunshine and have a drink (Romeo?s by the Sea ? subject of a forthcoming review and The Fig Tree are both more restaurant-y than bar-y) so we?ve ended up at the Pier Hotel quite a few times recently, and a couple of times we?ve decided to eat there as well. As it turns out, this is at least one time too many, and we should have learned our lesson the first time.

The food menu is fairly extensive: a selection of sandwiches, some ?traditional? mains including burgers and fish and chips, salads, pasta and pizzas. On our first visit, we decided to have pizzas. I chose a ham and pineapple pizza, and decided to ask for extra mushrooms. The pizza, if I recall correctly, was around ?9, with the extra topping attracting an extra charge of ?1.25. The pizza itself was edible although nothing special, but my overriding impression was of an extremely stingy amount of toppings ? particularly the ?extra? mushroom, which would have struggled to even add up to one whole mushroom if you?d tried to put the pieces back together, and a ?handful? of rocket leaves (assuming you have very small hands). We did eat our pizzas as it wasn?t a major problem, but when we saw someone that we assumed was the owner/manager floating around, decided to have a chat with him and mention the stinginess of the pizza toppings. We positioned it that we were happy with the food and loved the location and the drinks (they do make a nice mojito although the white wine is never cold enough!) but that we had been left with the impression that the chef had been briefed to skimp on ingredients wherever possible. He seemed completely uninterested in our feedback and although he listened, once we?d finished talking he had nothing to say. I felt that even if he did think we were idiots who didn?t know what we were talking about (his body language and reaction certainly suggested that he did!) then he could at least have tried to say the right thing and say that he?d feed it back to the chef, particularly as we?d said that we lived locally and were ? or would like to be ? regular visitors as it?s such a lovely spot. His reaction just left us thinking that he really didn?t care.

Count those mushrooms!

Count those mushrooms!

Fast forward a few weeks, and once again we spent a sunny afternoon sitting on the patio area outside The Pier. Slightly against my better judgment after the previous time, we decided to try something else off the menu and give them another chance to redeem themselves. The choice this time was a tuna nicoise salad for both of us. Sadly, this was even more disappointing (and much less edible) than the pizza. Limp iceberg lettuce was accompanied by a couple of other token leaves (at least it was on Mr W?s plate, I had to make do with the iceberg!), plus eggs with grey yolks that had obviously been hanging around a while, a tasteless dressing, and ? worst of all ? tuna that had been cooked to within an inch of its life so it was grey, dry and almost impossible to eat without about a gallon of water to wash it down. It also had a strange sort of coating/residue around the outside of the steak, which was downright unpleasant, Again, the dish was close to ?10, and again we felt as if the main objective had been to use the cheapest ingredients possible. We called our waiter over (again!) who, to be fair to him, was very apologetic and offered us our money back, which we decided to accept as we?d barely eaten a mouthful each of the tuna and decided we?d be better off going elsewhere than trying something else off the menu.

Grey tuna

Grey tuna

Another issue that I have had with the place since before I even ate there is that you have to go and order food and drinks at the bar, and you also can?t set up a tab, so you have to pay for each round of drinks and for each course of food at the time that you order it, which is frustrating as you could end up spending half of the time you?re there queuing at the bar. Predictably, then, I had to go inside to get my money refunded. The waiter had already been inside, presumably to check with the manager, before asking me to go in with him to do a refund back onto the credit card I?d paid with. Sure enough, our manager friend was there, and made it his mission to studiously ignore me, despite my explaining ? again, this time within the manager?s earshot ? to the waiter that I?d been very happy with the service, but that the food was disappointing, especially as we?d already had a disappointing meal there but decided to give them the benefit of the doubt and try one more time. I?m now pretty much certain that he just doesn?t care about customers? perceptions of the food and is happy to just trade off his location and the fact that there?s not really anywhere else on the seafront to have a drink. With Michelin-starred chef James Sommerin planning to open a restaurant on the esplanade soon, and the standard of food in Penarth in general getting better and better, I think he?s going to need to up his game ? particularly in the winter when nothing other than decent food will encourage people to visit.

As it happened, as we left, some diners at the next table to us ? who were also local residents ? stopped us to say they completely agreed with what we?d said, and that they wouldn?t be going back there either!

It?s a real shame that the food isn?t better. The waiting staff have all been friendly and helpful on our visits (they would get more than two stars, but the manager?s attitude, which would barely get him one star, has dragged them down), and it?s a lovely location to sit and have a drink. Sadly, we won?t be going back.

Not recommended.

Food: * Service: ** Ambience: ****

Zubu Restaurant at the Pier Hotel, The Esplanade, Penarth, Vale of Glamorgan CF64 3AU

http://www.thepierhotelandcafebar.co.uk

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Hacking expert says mobile firms moved fast to fix cyber bug

By Jim Finkle

LAS VEGAS (Reuters) - A well-known security expert said mobile carriers have quickly protected customers from a security bug that he revealed 10 days ago and that he estimated had put more than 500 million phones at risk of cyber attacks.

Karsten Nohl, chief scientist with Berlin's Security Research Labs, led a research team at the German firm that figured out a way to remotely gain control of and also clone some mobile SIM cards.

"Pretty much every carrier we have spoken to has fixed it," Nohl said in advance of a talk late Wednesday afternoon at the Black Hat hacking conference in Las Vegas.

The team was the first to accomplish the hacking feat, which has long been a Holy Grail of mobile hackers. The tiny, highly secured devices are located in phones and allow operators to identify and authenticate subscribers as they use networks.

He discussed that three-year research effort late Wednesday afternoon in one of the most anticipated talks at Black Hat, a conference where some 7,000 security professionals gathered to hear about the latest risks posed by hacking.

Nohl said at a news conference prior to that talk that he would not be able to demonstrate part of his technique for attacking SIM cards because he had prepared to show it on SIMs from five carriers, but that all five carriers had made changes to prevent them from being hacked.

Nohl is a so-called "white hat," or a hacker who figures out how to attack things in a bid to find vulnerabilities so that companies can fix bugs before criminals can exploit them.

He told Reuters that he was pleased that they had implemented the fix before his demonstration because that means they are ahead of criminal hackers, who could use compromised SIMs to commit financial crimes or engage in electronic espionage.

Nohl said that carriers have used methods to fix the bug in SIM cards without having to physically replace them, which would have been quite costly.

He said he was not sure whether all carriers around the world have fixed the bug, but that he had checked with many major carriers and that they had gone ahead and taken care of the security problem.

(Reporting by Jim Finkle; Editing by Ken Wills)

Source: http://news.yahoo.com/hacking-expert-says-mobile-firms-moved-fast-fix-002609520.html

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Why China is so worried about 7 percent growth

Most countries would welcome that. But China fears unrest if the economy slows much more.

By Peter Ford,?Staff Writer / July 31, 2013

Workers cut enoki mushroom into equal lengths at a mushroom processing factory in Shanghai, China, Monday, July 29. China's manufacturing activity has fallen to an 11-month low, a disappointing performance that puts pressure on Chinese leaders to reverse a deepening slowdown in the world's second-largest economy.

Eugene Hoshiko/AP

Enlarge

For the second time in two days a top official has pledged to keep Chinese growth rates at a respectable level, despite ominous signs that factories around the country are slowing down. Yesterday it was President Xi Jinping himself making the promise, and that?means Beijing means it.

Skip to next paragraph Peter Ford

Beijing Bureau Chief

Peter Ford is The Christian Science Monitor?s Beijing Bureau Chief. He covers news and features throughout China and also makes reporting trips to Japan and the Korean peninsula.

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The government?s target, 7.5 percent this year, would sound good almost anywhere else in the world. For China, it would be the slowest rate in two decades. And if growth falls below 7 percent, the official thinking goes, that could lead to rising unemployment and social unrest ? which is what the ruling Communist Party fears most.

The trouble is, Beijing does not have many options. China?s extraordinary economic growth until now has been driven by exports and by massive investments in roads, railways, and industrial infrastructure, along with the debt incurred to fund all that construction.

But export growth is falling as the rest of the world struggles to pull itself out of the 2008 economic and financial crisis. And the government is clearly worried that its debt burden ? anywhere from 46 percent to 78 percent of GDP, depending on whose estimates you believe ? is becoming unmanageable.

Prime Minister Li Keqiang, the man in charge of the economy, has said his government will not take the easy way out in the face of slowing growth, as it did in 2008 when the authorities came up with a stimulus package worth nearly $600 billion.

Those debts are coming home to roost now. And auditors are fanning out across the country to inspect local governments? books, to get an accurate picture of how much money local authorities have borrowed in recent years behind Beijing?s back.

The idea is that China will ?rebalance? its economy away from traditional drivers and toward more domestic consumption, which means raising citizens? disposable income.

That is good news for the rest of the world, and for any foreign company making things that Chinese consumers might want to buy. The Chinese market is already huge; if Chinese shoppers had more money to spend it would be even more attractive.

But this plan will take time to work ? assuming that it does work. And until it does, tighter credit and less reliable export growth are bound to mean slower GDP growth.

Many economists say that even 7.5 percent a year is unrealistic and that China?s leaders will have to find a way to live with 5 percent or 6 percent ? and with whatever implications that has for joblessness.

But one thing is sure, in a country where economic data are often opaque and the government controls all the information. If Xi Jinping promises 7.5 percent growth, that is what the end of year figures will say, whatever the underlying reality. The president cannot be wrong.?

As Reuters reported:

China?will meet its economic?growth?target of 7.5 percent this year as authorities will continue to implement prudent monetary policy and keep market liquidity relatively ample, the chief of the top economic planning agency said on Wednesday.

Xu Shaoshi, chairman of the National Development and Reform Commission, also said in a live webcast that the government will unveil an urbanization plan in the second half of 2013 and will push ahead with housing registration and land reforms.

Xu's comments are the latest from top officials to affirm?China's plans to transform its economy and reassure markets it is on track to meet its goals. On Tuesday the politburo,?China's top decision making body, vowed to keep?growth?steady while pressing on with reforms.

"We are confident, and have the necessary means and the ability to achieve this year's economic?growth?target of around 7.5 percent. But we also need to make arduous efforts," Xu said in the webcast on the central government's website.

Top leaders have made clear they will accept a slowdown in?growth?as they restructure the economy away from dependence for?growth?on exports and manufacturing, and towards one driven by consumption and services.

However, they have indicated that annual?growth?should not be allowed to slip below 7 percent.

Getting rural workers to move to the cities is part of the transformation effort as the government sees it as boosting consumption, which it wants to make the main engine of?growth.

"We will push forward reforms on household registration system, land, fiscal and financial areas, social security and so on while improving the quality of urbanization," Xu said.

(Reuters reporting by Aileen Wang, Xiaoyi Shao and Jonathan Standing; Editing by John Mair)

Source: http://rss.csmonitor.com/~r/csmonitor/globalnews/~3/MAQpZwSrGE4/Why-China-is-so-worried-about-7-percent-growth

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