Sunday, April 28, 2013

The Gothenburg International Science Festival 2013 at Cheryl Marie ...

Per-Olof Arn?s on ?Terminator, TinTin and Teleportation?, an variation of his lecture on ?The digitization of transportation? at Vetenskapsfestivalen 2013.
Text and Photo ? CM Cordeiro 2013

The 25th of April was the second day of the Gothenburg International Science Festival 2013, where in the public arena of Nordstan in Gothenburg, a lively presentation on the topic of transportation for the future was ongoing by Per-Olof Arn?s of Chalmers University of Technology in the morning. Colleagues from the University of Gothenburg would also be giving some presentations through the day, regarding the various aspects of the crisis in Europe and how that might have rippling effects on issues such as European state leadership and workforce migrations between countries in Europe.

This year?s theme at the science festival is Cruise and Control. In a multi-dimensional and multi-levelled approach, the event aims to address questions pertaining to the Individual such as personal health and fitness, to security controls by use (or abuse) of technology in Society, to larger Environmental issues such as finding balance between consumption and sustainable living.

The festival has about 30 host venues across the city of Gothenburg, from university lecture halls to public arenas. Many activities are about raising consciousness towards the a higher level We, that both encompasses the Individual, while at the same time, looking at issues beyond the Individual to encompass larger social groups.

Nordstan.

Cruise or Control in action ? all eyes and mobile phones locked on target of interest.

This exhibit comes from the Non-Violence Project Foundation. It aims to inspire and engage one hundred million youths in understanding peaceful conflict resolution.

Very Louboutin. The original is the sculpture Non-Violence by Carl Fredrik Reutersw?rd of which one copy sits outside the city library of Gothenburg and one outside the UN Building in New York. The inspiration came from the murder of John Lennon.

The science festival is currently running from 25 to 28 April, which leaves a weekend of knowledge to explore.

It is the largest festival of knowledge in Sweden and one of the most popular science events in Europe, where the academic and scientific circles get a chance to present their research work in building blocks format as it were, to high school and junior college students.

All in all, more than 350 cross-disciplinary lectures, seminars and workshops will be conducted, giving those interested to attend a buffet of activities from which to pick their favourites.

Source: http://www.cmariec.com/?p=19731

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Saturday, April 27, 2013

Analysis: In force-feeding detainees, Obama has courts on his side

By David Ingram and Jane Sutton

WASHINGTON/MIAMI (Reuters) - As detainees at the U.S. military prison in Guantanamo Bay, Cuba, press ahead with a widening hunger strike nearly three months old, President Barack Obama has come under increasing criticism for his policy of force-feeding them.

But U.S. law is on his side, an analysis of court rulings shows.

Most U.S. judges who have examined forced feeding in prisons have concluded that the measure may violate the rights of inmates to control their own bodies and to privacy - rights rooted in the U.S. Constitution and in common law. But they have found that the needs of operating a prison are more important.

Courts generally view a prison hunger strike as a suicide attempt, and they have ruled wardens have authority to stop suicide attempts as part of their mandate to preserve order.

"If prisoners were allowed to kill themselves, prisons would find it even more difficult than they do to maintain discipline, because of the effect of a suicide in agitating the other prisoners," Judge Richard Posner wrote for a Chicago-based appeals court in 2006 in a case involving a Wisconsin prison that punished a disobedient inmate by refusing him food.

As of Thursday, 94 of the 166 prisoners were on a hunger strike in Guantanamo, meaning they had refused at least nine consecutive meals. According to a military count, 17 had lost enough weight to be force-fed liquid meals through a nasogastric tube, and three were in the hospital for observation.

Army Lieutenant Colonel Samuel House, a spokesman for the detention camp, said none of the detainees in the hospital had a life-threatening condition.

Striking inmates began refusing to eat around early February, alleging rough handling of the Koran during searches for contraband and protesting their prolonged imprisonment. General John Kelly, head of U.S. military forces in Latin America, said assertions about the Koran were untrue.

OPPOSITION VOICED

A New York Times opinion piece last week by Samir Naji al Hasan Moqbel, a Yemeni man detained at Guantanamo since 2002, launched debate over the forced feedings. Like others there, he was captured abroad on suspicion of supporting terrorism.

"I will never forget the first time they passed the feeding tube up my nose. I can't describe how painful it is to be force-fed this way," Moqbel said in the op-ed dictated through an interpreter to his lawyers.

As described by Guantanamo officials, a feeding tube is lubricated and inserted through the nose down to the stomach for the two hours it takes liquid food to pass through. In general, hunger strikers continue to drink water.

Human rights advocates and many doctors decry forced feeding of hunger strikers as a violation of personal liberty and medical ethics with risks of medical complications such as discomfort, bleeding, nausea and throat sores. The 65-year-old World Medical Association, made up of 100 national medical associations, has said it is unethical and never justified to force-feed a mentally competent adult.

Carlos Warner, a federal public defender who represents 11 Guantanamo detainees, including Kuwaiti hunger striker Faiz al Kandari, said detainee lawyers are split on the issue.

Some "have a clear position that the government should not be force-feeding," and have unsuccessfully made their argument in federal court in Washington, D.C., Warner said. "Other lawyers are of the opinion that their clients should not die of hunger before we have a chance to free them."

The Constitution Project, a U.S. legal group that includes Democrats and Republicans, said last week that forced feeding at Guantanamo "is a form of abuse and must end."

George Annas, a Boston University professor of health law who opposes the forced feeding of hunger strikers on medical ethics grounds, said U.S. law is "very permissive" of the practice. He described the attitude of American prisons as: "Do we care about indignity? No, you're a prisoner, we'll treat you the way we want."

BARRIERS TO LEGAL CHALLENGE

The U.S. military argues forced feeding is not only legal but also humane. A federal judge agreed in 2009, ruling against Mohammed Bawazir, a Yemeni national held at Guantanamo since 2002. Bawazir called forced feeding torture.

Bawazir cited pain he experienced and use of a chair with "six-point restraints" that kept in place his forehead, limbs and torso. U.S. District Judge Gladys Kessler in Washington, D.C., said officials acted out of a need to preserve life.

A further barrier to any suit is the Military Commissions Act of 2006 which bars U.S. courts from hearing cases about Guantanamo detainee treatment. Even if they were to hear a challenge to forced feeding, the overriding evidence is the courts would rule against the detainees.

International law, which prohibits the inhuman or degrading treatment of prisoners, is not necessarily any help to Guantanamo detainees either.

The European Court of Human Rights has ruled at least twice that forced feeding amounted to torture, in a 2005 case out of Ukraine and in a 2007 case out of Moldova, but it stopped short of barring the procedure. The court said it may be used to preserve the life of hunger strikers if shown to be medically necessary and not done for punitive reasons.

Other reports of non-U.S. countries using forced feeding are rare, although experts said there is a lack of data. The practice has been described in news reports in Bahrain, China and Greece during the past decade.

Ten British-held Irish Republican Army prisoners, including former IRA commander Bobby Sands, starved to death in the Maze prison in Northern Ireland during a 1981 hunger strike during which they sought recognition as political prisoners. It ended when the families of the remaining hunger strikers authorized doctors to begin life-saving intravenous feeding as soon as the prisoners lost consciousness.

One early U.S. case involved Mark David Chapman, convicted in the 1980 killing of former Beatle John Lennon. Chapman broke a 26-day fast in 1982 only under a New York court-ordered threat he would be force-fed. Now 57, he is serving a prison sentence of 20 years to life.

Chapman had said he wanted to draw attention to starving children, but the court ruled the state's obligations to protect life and maintain order in its institutions outweighed Chapman's rights to free expression and to privacy.

BALANCING TEST

Most federal and state courts have agreed.

In Rhode Island, for example, finding that prisons have a duty to protect inmates' health, the State Supreme Court ruled in 1995 that "it would be in total disregard of this duty to stand idly by while a healthy adult decided to end his or her life by starvation just as it would if he or she decided to end his or her life by some more dramatic means such as hanging, slashing of wrists, or swallowing some type of poison."

Courts in three states - California, Florida and Georgia - have been exceptions, restricting forced feeding on various grounds, Mara Silver wrote in a 2005 Stanford Law Review article on the constitutional question of self-starvation.

California was the most sweeping. Prison officials must demonstrate "a threat to institutional security or public safety," not merely the conjecture of one, before denying an inmate the choice not to eat, the state's high court ruled.

Those are the exceptions however.

"The federal courts analyze the issue by balancing the prisoner's right to autonomy against the prison's right to maintain order, and they nearly always find that force-feeding is constitutional," said Margo Schlanger, a University of Michigan law professor with expertise in prisons.

(Editing by Howard Goller and Claudia Parsons)

Source: http://news.yahoo.com/analysis-force-feeding-detainees-obama-courts-side-050633032.html

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My taxes are done, now what? | MNN - Mother Nature Network

The April 15 tax deadline has come and gone but that doesn?t mean you don?t have to think about your finances until next year. ?Now is the time for a little personal finance spring cleaning. ?The steps you take now will not only help you improve your future financial situation, these tips will also better prepare you for filing next year?s tax return.

?

Review your most recent return

I know, the last thing you want to do is revisit the tax return you just filed but now is the best time to review your return, while the information is still fresh. ?Did you have tax due or did you receive a large refund? ?If so, consider changing your withholding. ?Did you lose important receipts and miss out on charitable donation deductions and other credits? ?If so, put a plan in place now to save receipts. ?Personally, I scan receipts so that I have a digital copy as a backup to the original.

?

Retirement savings

Experts recommend that you check your retirement savings account annually; since you have to file a tax return annually tacking this spring cleaning step onto your schedule just makes sense. ?Make sure you?re saving enough to meet your retirement needs, rebalance your account and don?t forget to sit down with an invest professional to get a big-picture look at your financial future.

?

Short-term savings plans

Don?t just set up a savings plan for retirement, you also need to look at any near-term financial goals. ?Do you need to boost your cash emergency fund? ?If so, write out a plan that details how you will meet this goal. ?Is a family vacation in the works for next year? ?Start a savings plan now so that you can cash flow your trip.

?

Check your credit report

Did you know that 42 million Americans have errors on their credit report? ?Errors can lower your credit score and in turn, increase the interest rate you pay on your mortgage, auto insurance and other financial products. ?Get into the habit of checking your credit report annually; you can order a free report from each of the three major credit bureaus at AnnualCreditReport.com

?

Make a plan to pay down debt

Are you still paying on student loans even though you graduated a decade ago? ?Is your credit card debt load stagnant? ?If so, you may just need to have a written plan to make a dent in your debt. ?Simply write down each of your credit account balances, including auto loans, credit cards and student loans, and then put them in the order you want to pay them off. ?Some folks prefer highest interest rate to lowest interest rate and others want to start with the smallest debt first. ?I don?t care how you order them, just put them in order and write out how you plan on paying them off as soon as possible. ?This means making more than the minimum payment so you may need to look elsewhere in your budget for an extra $20 or $100 a month to expedite the process.

Source: http://www.mnn.com/money/personal-finance/blogs/my-taxes-are-done-now-what

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IRIScan Mouse


Scanners and mice are more similar than you might expect. Just as a mouse can sweep the breadth and height of an on-screen page, a device like a wand scanner can capture images of physical documents as it sweeps across lines or blocks of text. The IRIScan Mouse merges the two devices. You can use it as a mouse, and with a click of a button you can scan a physical document, OCR it, save it in various formats, or send it to social media or the Cloud.

The Mouse Scanner as a Mouse
The IRIScan Mouse is a wired mouse, connecting to a computer's USB port. The device is reasonably attractive, black (glossy on top, matte on the sides and bottom) with green trim. The Scan button, on the left side, glows blue, and blinks when a scan is in progress. On the bottom of the mouse is a plastic window through which the scan element can read the page. A flickering white light illuminates the page while you're scanning.

I've used the IRIScan Mouse as my normal work mouse for about a week, and in that capacity?in terms of scrolling and doing other typical mouse tasks?it's operated smoothly, with only a single issue of note. The scan button is on the left side of the mouse, right where I rest the ball of my thumb. The scan button requires a bit of pressure to activate, but nonetheless I've triggered it accidentally while writing a review or working in a Word document. Doing so is an annoyance, as it takes a few moments to stop and then cancel the scan. It happens most frequently when I'm standing at my test bench taking notes, though I've also accidentally initiated scans while typing at my desk.

Software
The scanning software comes on an included disk, which you install on your PC (it is Windows only). Software includes IRISCompressor, which enables compression of image and PDF files. You can send notes to Evernote?the IRIScan Mouse includes 3 free months of Evernote Premium. You can also send scanned text directly to Google Translate. Output formats include PNG, JPEG, TIFF, BMP, PDF, XML, and DOC.

Scanning With the Mouse
To scan, you place the mouse on a document, press the scan button, and sweep the mouse across the parts of the document you want to scan. As you scan a larger area, the view will automatically zoom out. You'll want to have plenty of free room to the sides of the document if you want to scan the whole thing. I found the scanning process awkward, as tracking wasn't that great.

When you're done scanning, you press the scan button again; the scan will appear rectangular and properly aligned. The Edit menu will appear; you can Paste the scan (either as image or text); Share (to email, Facebook, Twitter, or Flickr); send it to Apps (Evernote or Google Translate); Save (to the file formats mentioned below); Print; Edit; or access Settings.

When you paste a scan as text to a program like Word, the IRIScan software will perform text recognition on it, a quick process. Then you can edit or save the document. OCR performance was a mixed bag. It read our Arial test page at sizes down to 8 points without a mistake, but with Times New Roman it had some errors at all sizes up to 12 points.

The IRIScan Mouse is best for scanning individual sheets of paper; scanning from a magazine proved tricky at times as the text wouldn't always stay flat enough for a clean scan. Also, since the scan window is on the left side of the mouse, it was hard (and sometimes impossible) to scan to the inner margin on left-handed pages.

For about $50 more than you'd pay for a normal wired mouse, you can get the IRIScan Mouse, a wired (USB-connected) mouse that can scan to text or image, provides text recognition, and can save scanned documents to various formats as well as perform as a typical mojuse. It's best for occasional, light-duty scanning of documents or images. The scanner portion is most akin to a wand scanner such as the Editors' Choice VuPoint Solutions Magic Wand Wi-Fi PDSWF-ST44-VP . However, most wand scanners operate PC-free, while the IRIScan Mouse doesn't.

Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/y9kosRXKU-M/0,2817,2418230,00.asp

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Stained Glass Restoration - KWQC-TV6 News and Weather For The ...

  • Maquoketa Man Shot In Home By Intruder

    Maquoketa Man Shot In Home By Intruder

    Friday, April 26 2013 8:20 AM EDT2013-04-26 12:20:34 GMT

    Police in Maquoketa, Iowa are investigating an overnight shooting that happened just after 11:00, Thursday night, April 25, 2013, in the 200 block of south Niagara Street. When officers arrived, 63-year-oldMore >>Police in Maquoketa, Iowa are investigating an overnight shooting that happened just after 11:00, Thursday night, April 25, 2013, in the 200 block of south Niagara Street. When officers arrived, 63-year-oldMore >>
  • Manchester IL Girl Improving After Surviving Shooting That Kills 5 Family Members

    Manchester IL Girl Improving After Surviving Shooting That Kills 5 Family Members

    Thursday, April 25 2013 2:26 PM EDT2013-04-25 18:26:07 GMT

    The Coroner in Scott County, Illinois, Justin Daws, officially released the names of the five murder victims in the Manchester, Ill., homicide investigation. The bodies of the three adults and two childrenMore >>The Coroner in Scott County, Illinois, Justin Daws, officially released the names of the five murder victims in the Manchester, Ill., homicide investigation. The bodies of the three adults and two childrenMore >>
  • Overnight Fire At Clinton Hotel

    Overnight Fire At Clinton Hotel

    Friday, April 26 2013 7:49 AM EDT2013-04-26 11:49:58 GMT

    A fire broke out overnight in a room at the Super 8 Hotel in Clinton, Iowa. Crews made entry to the room with a hose line, extinguished the fire and assisted with evacuation of residents staying at theMore >>A fire broke out overnight in a room at the Super 8 Hotel in Clinton, Iowa. Crews made entry to the room with a hose line, extinguished the fire and assisted with evacuation of residents staying at theMore >>

For years, they were part of the splendor at Saint Irenaeus Church in Clinton. Three large stained glass windows are?the originals from the church. Over time, pieces from the windows began to deteriorate, and were desperately in need of repair.

That's where?technicians from Glass Heritage of Davenport stepped in. For?several months, the technicians have been involved in a labor intensive project to restore the windows. Each piece of glass is cleaned. Technician Patricia Rogers says the pieces are placed on a build pattern. That pattern shows the lead lines of the windows.??

Kirk Prebyl says technicians do their homeowrk before the repairs and replacements are made. Technicians spend hours planning, documenting, and finding ways to restore the windows as much as possible to their original look. Workers treasure every scrap of original glass, replacing the original only when there is no other choice.

The three windows depict the Crucified Christ, and two figures on either side. Each of the windows has about a thousand pieces of stained glass. The windows should be installed in the church in June.

The Clinton County Historical Society owns the church building. The society acquired it when the Diocese of Davenport decided to close the church. ?The society raised about fourteen thousand dollars for the restoration work.?Glass Heritage is certified by the Stained Glass Association of America. ?

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Source: http://www.kwqc.com/story/22076115/stained-glass-restoration

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Friday, April 26, 2013

Stock Downgrades: McGraw-Hill Has Mountain To Climb - Minyanville

In a session that should have been?all about the Benjamins, Wall Street?s recently reliable money making machine suddenly ground to a halt. On an otherwise desultory day for the Dow (^DJI), Microsoft (MSFT) did gain 3.79%, as a?bunch of German jocks proved far more proficient with PowerPoint?that a?couple of Harvard economists just did with Excel.
?
Mr. Softie, of course, instituted dividends years ago; a penny for its thoughts as?an utterly unloved?Apple Inc. (AAPL) (Steve Jobs of Bill Gates: ?He just shamelessly ripped off other people?s ideas?) apes it by becoming a dividend play. And a day after Twitter?s hacked bluebird temporary grounded stocks,?Red Robin?(RRGB) rose 2.92% on an analyst upgrade?and Boeing (BA) hit a half-decade high. Pity?none of us can fly at the moment.
?
The single busiest day of earnings season has arrived with Amazon (AMZN), AstraZeneca (AZN), Bristol-Myers Squibb (BMY), Coca-Cola (KO), ConocoPhillips?(COP),?Exxon Mobil?(XOM),?Gazprom?(PINK: OGZPY),?JetBlue Airways (JBLU), Starbucks (SBUX), and United Parcel Service?(UPS) all due to report results.
?
Air Products?(APD): Shares are now Neutral from Overweight at Atlantic Equities.
?
Buckeye Technologies?(BKI): RBC Capital reduces its recommendation to Sector Perform from Outperform.
?
Cullen/Frost Bankers?(CFR): FBC Capital cuts the company to Underperform from Perform, trimming its target price by $2 to $56 in the process. First quarter results were weaker than expected amid NIM (Net Interest Margin) pressure.
?
First Solar?(FSLR): Yesterday?s top S&P 500?(^GSPC) stock is today lowered to Underperform from Market Perform at Raymond James.
?
Hatteras Financial?(HTS): The residential Real Estate Investment Trust gets moved to Market Perform from Outperform by Keefe Bruyette.
?
Interface?(TILE): Raymond James takes TILE to Market Perform from Outperform.
?
Intuit?(INTU): The TurboTax owner is downgraded by both Citigroup (Neutral from Buy) and JPMorgan (Neutral from Overweight.)
?
McGraw-Hill?(NYSE:MHP): Jefferies reduces the Standard & Poor?s ratings agency owner to Hold from Buy.
?
Mellanox Technologies?(MLNX): Shares are moved to Neutral from Buy at Mizuho, which notes a troubling lack of catalysts and uncertain visibility regarding large deals.
?
Noranda Aluminum?(NOR): NOR is now Neutral from Buy at Bank of America-Merrill Lynch.
?
SEI Investments?(SEIC): Keefe Bruyette cuts the asset management company to Market Perform from Outperform.
?
TC Pipelines?(TCP): TCP gets taken to Neutral from Buy at Bank of America-Merrill Lynch.
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T. Rowe Price Group?(TROW): Shares are now Market Perform from Outperform with Wells Fargo.
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Valley National?(VLY): Keefe Bruyette reduces the regional bank to Underperform from Market Perform.
?
VMware?(VMW): The tech stock is taken to Underperform from Market Perform by Sanford Bernstein, one of several downgrades this morning.
?
Western Digital?(WDC): Brokerage boutique Craig-Hallum downgrades WDC to Hold from Buy.

(See also: New Stock Coverage: Sink Your Teeth Into Diamondback Energy and Stock Upgrades: Yesterday?s Mutiny Provides Bounty for P&G Shareholders.)

No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Source: http://www.minyanville.com/trading-and-investing/stocks/articles/Stock-Downgrades253A-McGraw-Hill-Has-Mountain/4/25/2013/id/49472

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Thursday, April 25, 2013

CA-BUSINESS Summary

TSX ends higher as U.S. data, Potash earnings help

TORONTO (Reuters) - Canada's main stock index advanced for the sixth straight session on Thursday, helped by the materials sector, as U.S. economic data and a stronger-than-expected earnings performance from Potash Corp boosted sentiment. The Toronto Stock Exchange's S&P/TSX composite index <.gsptse> unofficially closed up 59.08 points, or 0.48 percent, at 12,329.51. Nine of the 10 main sectors of the index were higher.

Shoppers Drug Mart revenue up on over-the-counter sales

(Reuters) - Shoppers Drug Mart Corp , Canada's biggest pharmacy chain, reported a 4 percent rise in first-quarter revenue as higher over-the-counter sales helped to offset tighter price controls for generics. The price controls, which were recently tightened, have crimped growth at Shoppers and rivals such as Jean Coutu Group Inc in recent years.

Amazon first-quarter revenue matches expectations

SAN FRANCISCO (Reuters) - Amazon.com Inc's first-quarter revenue jumped 22 percent to $16.07 billion, propelled by growing sales of digital content, cloud-computing services and gains in its main retail business. The world's largest Internet retailer had been expected to record revenue of $16.1 billion in the typically slower first quarter, according to average forecasts on Wall Street.

Starbucks second-quarter profit rises

(Reuters) - Starbucks Corp reported higher quarterly profit on Thursday, helped by strength in the United States, its top market, despite an industry-wide spending downturn in February due to a U.S. payroll tax increase that lowered take-home pay. The world's biggest coffee chain reported net earnings of $390.4 million, or 51 cents per share, for the fiscal second quarter that ended on March 31. That compares with $309.9 million, or 40 cents per share, a year earlier.

Global stocks rise after surprise U.S. data, bonds fall

NEW YORK (Reuters) - World stock markets rose and bond prices fell on Thursday as data indicated the U.S. labor market remains resilient despite recent signs of slower growth, while earnings that are beating lowered expectations helped buoy investor sentiment. Wall Street opened higher, following gains in Europe, where markets were lifted on growing expectations that the European Central Bank will soon cut interest rates.

Dow Chemical sees farm products driving profit this year

(Reuters) - Dow Chemical Co posted a better-than-expected 33 percent jump in quarterly profit as farmers in the Americas bought more of its seeds and pesticides, overshadowing a decline in European demand for its plastics. Dow, the largest U.S. chemical maker by sales, forecast that demand for its seeds and crop-protection products would drive further growth after a quarter in which its agricultural science business posted the highest sales growth of its various units.

Boeing gets 50 new orders for 737 jets

(Reuters) - Boeing Co said it received 50 new orders for its 737 jets from unidentified customers. The new orders bring Boeing's 2013 net orders through Tuesday to 259 aircraft, according to the company's website. (http://r.reuters.com/deq83t)

Exclusive: Verizon eyes roughly $100 billion bid for Vodafone's wireless stake

NEW YORK/LONDON (Reuters) - Verizon Communications Inc has hired advisers to prepare a possible $100 billion bid to take full control of Verizon Wireless from its partner Vodafone Group Plc , two people familiar with the matter said. Verizon is contemplating a roughly 50:50 cash and stock bid for the 45 percent stake in Verizon Wireless it does not already own, an asset it has long coveted, the sources said. It has not put a proposal to Vodafone yet but has hired banking and legal advisers for a possible offer, the sources said late Wednesday.

Oil production rises for Exxon, Conoco in first-quarter

HOUSTON (Reuters) - Quarterly results from Exxon Mobil Corp and ConocoPhillips on Thursday showed that while overall growth remained elusive, output rose in key basins in the United States where the oil and gas companies are spending heavily to grow crude production. North American shale basins and the Gulf of Mexico are seen as more secure places for energy companies to invest because they typically offer a steady source of growth. Conoco said in December that more than half of its nearly $16 billion budget for 2013 will be spent in North America.

Tesla CEO tweets strategic announcement coming Friday

DETROIT (Reuters) - Tesla Motors Inc Chief Executive Elon Musk said the electric carmaker on Friday will make a strategic announcement that according to a spokeswoman revolves around service. Shares of Tesla rose nearly 3 percent late Thursday afternoon.

Source: http://news.yahoo.com/ca-business-summary-110120717.html

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