Saturday, March 2, 2013

Andrew Mason Tweeting About Oranges Before ... - Business Insider

A day before he was fired, Groupon CEO Andrew Masonsent this cryptic tweet about attending a meeting of four people being asked to share three oranges in a meeting:

On Feb. 28, to announce he was let go, he tweeted:

The Jottit note linked to his quirky resignation letter, the one that said, "I've decided that I'd like to spend more time with my family. Just kidding - I was fired today."

In hindsight, the "oranges meeting" sounds ominous. So the question is, what was the deal with the three oranges? And who could have been the four people asked to share them?

Here's a thought: Mason was replaced by chairman Eric Lefkofsky and director Ted Leonsis. So those three people would have been in Mason's final meeting at Groupon, presumably. Mason and Lefkofsky hold controlling interests in Groupon stock along with one other board director: Brad Keywell.

Mason + Lefkofsky + Leonsis + Keywell = four people.

We tweeted at Mason for a comment. We'll let you know if he replies.

In the meantime, TheStreet?s Chris Ciacciaone noted this:

Source: http://www.businessinsider.com/andrew-mason-tweeting-about-oranges-before-he-was-fired-2013-3

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Fed's Evans sees economy achieving "escape velocity" by 2014

DES MOINES, Iowa (Reuters) - The U.S. economy should emerge from the doldrums next year if the Federal Reserve sticks to its super-easy monetary policies, a top Fed official said on Thursday, even as he warned that cutting back too early would be a "big mistake."

The Fed is buying $45 billion in Treasuries and $40 billion in mortgage bonds per month, its third round of "quantitative easing," and has said it will continue the purchases until it sees substantial improvement in the labor market outlook.

"I don't think we are anywhere near the end of the program," Chicago Federal Reserve Bank President Charles Evans told reporters after speaking to the CFA Society of Iowa here.

In fact it will likely take until at least the end of the year before the jobs outlook improves enough for the Fed to stop its bond purchases, Evans said, and it will likely be mid-2015 before unemployment drops enough to allow the Fed to begin to think about a rate increase from current near-zero levels.

"I am optimistic that we have appropriate policies in place to help the economy achieve escape velocity by 2014," he said, even as he acknowledged the downside threats to the economy from U.S. fiscal consolidation and economic troubles overseas.

"But we need to be careful not to undermine our own policies and remove accommodation prematurely, as the Japanese did," he said. If the Fed were to raise rates too soon, he told reporters after the speech, "what would happen is the economy would slow and we'd find ourselves in another tailspin."

Evans has been a key player in shaping the Fed's ultra-easy policy stance, and was the first to champion the idea of tying Fed policy to specific levels of unemployment and inflation.

In December, the Fed adopted his plan, saying it would keep interest rates near zero until the unemployment rate drops to at least 6.5 percent, as long as the inflation outlook does not top 2.5 percent. Unemployment is currently at 7.9 percent.

'WAY PREMATURE'

Most Fed officials, including Fed Chairman Ben Bernanke, want to continue their extraordinarily easy policies given the high jobless rate and inflation below their 2 percent target, and they do not want to derail a recovery that has faltered in each of the last three years.

But minutes of that meeting released last week suggested a growing number of officials had concerns about the risks and costs of the central bank's policy, and a number of policy hawks including Dallas Fed President Richard Fisher have called for tapering off the Fed's bond purchases soon.

"It's premature to talk about tapering" the asset-purchase program, Evans said on Thursday, adding that by "tapering" some Fed officials actually mean "ending" the purchases. "I think it's way premature."

On Thursday, Evans brushed off warnings from his more hawkish colleagues of "froth" in financial markets due to easy-money policies, and called high inflation a very unlikely outcome because wage pressures are all but absent.

Instead, Evans focused on the benefits of current Fed policy, saying he sees evidence they are working in the rise in the stock market, easier credit conditions and an increase in housing and car sales.

And he repeated his view that the Fed should continue purchasing bonds until the economy creates 200,000 new jobs a month for six months.

Evans forecast the U.S. economy would grow at about 2.5 percent to 3 percent this year, speeding up to between 3.5 percent and 4 percent next year. Those expectations put Evans at the top end of the latest official Fed forecasts for the economy, released in December.

EMPLOYMENT GROWTH

Unemployment will likely fall close to, or a little below, 7 percent by the end of next year and 6.5 percent by mid-2015, Evans said. If the economy grows faster than he expects, the unemployment rate could reach the 6.5 percent threshold sooner, setting the stage for a rise in interest rates, Evans said.

But a rate rise at that point is not locked in, he said. The Fed may still decide to keep rates low even after that if inflation is still uncomfortably low.

The central bank should begin to remove accommodation before unemployment falls to a more normal 5.5 percent level, he added.

Evans warned against "complacency," saying the economy still faces downside risks and urging the central bank not to withdraw its easy policies too soon, especially given the estimated 1 percent drag on the economy expected from U.S. fiscal tightening this year, not counting the sweeping budget cuts known as sequestration scheduled to go into effect on Friday.

"I am concerned about the risk that Washington might jam the recovery at the line of scrimmage by piling some more unhelpful near-term fiscal restraint on top of this already sizable effect," Evans added.

Japan's central bank failed to be aggressive enough, he suggested, miring that country in slow growth and deflation that serves as a warning for U.S. monetary policy.

"It is in fact that specter of repeating the Japanese experience that now keeps me up at night," Evans said.

(Reporting by Ann Saphir; editing by Todd Eastham)

Source: http://news.yahoo.com/feds-evans-sees-economy-achieving-escape-velocity-2014-035050136--business.html

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Black Women Eating Disorders: An Untold Story | Celebrity News ...

black-woman-eatingBlack women suffer from eating disorders too. There?s a stereotype that claims that eating disorders are for White teenaged women. However, Erika Nicole Kendall from EBONY broke it down for those of us whose views on eating disorders start and stop at said stereotype.

Must Read: The Fat Fight: Why Does Society Hate Fat Women?

Kendall wants the world to know that Black women also suffer and it?s often from a very different eating disorder?binge eating. ?The binary that we create when we discuss eating disorders, coupled with the myth that eating disorders are ?White girl problems,? harms us more than it helps us. It erases the existence of Black people who binge, and it dismisses the problem before any real attention can be drawn towards it so that people can get help,? Kendall says.

Help. What an interesting thought to include in this discussion. I remember chatting with my mentor years ago and she talked about the pain that many Black people carry around in their lives and how we always want to make it seem as if we?re not hurting by ignoring it, or better yet, praying it away. Some people, like Kendall (used to), deal with their pain by diving face first into their favorite snacks and that, isn?t how problems are solved. It took Kendall getting therapy to realize that she indeed needed mental help to overcome her demons.

Must Read: Stress Eating: 5 Ways To Finally Beat?It

Kendall makes a point of the mental health issue attached to eating disorders, claiming that Black folks just refuse to or just don?t know how to get real help. Kendall says:

?What?s most damaging about the rhetoric surrounding eating disorders, specifically among the Black community, is the inherent denial of the existence of a problem that might require actual psychiatric care in our community. We cannot continue to perpetuate the ideal that psychiatric care cannot and will not help us uncover the tools we need to overcome our battles. This mentality cannot persist.?

White women are not the only victims of food and the odd relationships they can create. I find it interesting that statistics backs up this claim. According to a study uncovered by The Root, Black girls are 50 percent more likely than their White counterparts to be bulimic and girls from background with a lower income are 153 percent more likely to fall victim to bulimia. Kendall asks, ?What would the numbers look like if we included binge eating??

What do you beauties think?are Black women ignoring the psychiatric care we need in regards to eating disorders?

Follow HelloBeautiful On Twitter!

Related Stories:

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Check Out This Awesome Gallery!

Source: http://hellobeautiful.com/2623977/black-women-eating-disorders-binge-eating-ebony/

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Thursday, February 28, 2013

Susan Buchanan: New Orleans Considers Tearing Down Claiborne Expressway

(This article was published in "The Louisiana Weekly" in the Feb. 25, 2013 edition.)

New Orleans officials hope to move residents toward a consensus this spring about whether to remove or keep the 1960s-era Claiborne expressway that destroyed African American neighborhoods in Treme, the Seventh Ward and vicinity.

Last week, Peter Park, a Denver-based city planner who oversaw the tear-down of Milwaukee's freeway, advised New Orleanians to "get involved in the Claiborne corridor study and own the plan. This isn't a government project, it's a people project." Park, a Harvard University 2012 Loeb fellow, spoke to a packed room at the Sojourner Truth Neighborhood Center in New Orleans on Feb. 20. He was joined by John Norquist, president of the Congress for the New Urbanism in San Francisco and a former Milwaukee mayor.

The New Orleans study, funded with $2 million in planning grants from the U.S. Dept. of Housing and Urban Development and the Dept of Transportation and more from local nonprofits and the city, is mulling what to do with the overpass.

Flozell Daniels, Jr., president of the Foundation for Louisiana and chair of the Livable Claiborne Communities project, spoke last Wednesday about the city's study--which he noted will make recommendations on land use and transportation for the stretch of Claiborne between Napoleon Ave. and Elysian Fields.

Late last year, over 400 residents attended workshops held across town by Mayor Mitch Landrieu's
Office of Place Based Planning. Locals grouped by tables pored over maps and identified issues they want the Claiborne project to address. Daniels said items topping that collective list so far are blight reduction, affordable housing, jobs, opportunities for small businesses, access to fresh food and preservation of local culture. He said ways to redevelop Claiborne are still being assessed and urged residents to attend the city's next workshops in mid-March.

According to the city, the Claiborne study will help communities improve transit; connect housing to jobs, schools and healthcare; promote livability through economic development; and manage water and soil.

Views from residents in public meetings from last fall to March 2013 will be compiled this spring for a presentation by the city in June. After that, scenarios for Claiborne will be evaluated under the more than 40-year-old National Environmental Policy Act or NEPA, approved by Congress. "A preferred alternative" for Claiborne will be identified this summer, according to the city.

Meanwhile, a trend to remove urban highways has been under way for awhile. Park said to connect neighborhoods, Milwaukee tore down its Park East Freeway in 2002 and replaced it with public stairways, pedestrian bridges and parks, mixed-income housing, and commercial and retail spaces.

Norquist pointed to recent success in Seoul, South Korea, where the mayor demolished a freeway in 2011 and developed parks in a move so popular that he was then elected the nation's president. San Francisco, Seattle, Portland, New York City and Buffalo, along with Paris, France and other cities in the U.S., Europe and Asia, have all removed freeways.

So what's wrong with urban highways? Built forty to fifty years ago, U.S. expressways are decaying now and need to be replaced or removed, Park said. "They're not Roman aqueducts," he said. "At some point, they'll come down." Park said urban freeways do more harm than good. Fifty years ago, the idea was to use them to connect cities. "They were going to be built to the outskirts of town, and from there traffic would be funneled into a network of urban streets," he explained. Instead, many were constructed across town, disrupting neighborhoods.

Park said freeways work best at off-peak times. During rush hour, they siphon traffic along an artery and become clogged. Commuters get backed up after an accident and can be stranded for an hour or so. A more effective approach is a sturdy street network, on which drives to work may take a bit longer but little time is wasted in big traffic jams.

He said many city residents falsely believe that an urban freeway gives them greater mobility. Based on that thinking, taxpayer money has been spent on adding lanes to freeways that don't ease congestion in the long run.

Park also noted that urban freeways have reduced adjacent property values, and he questioned whether tax dollars should be spent on projects that hurt home and business owners.

As for businesses, their support in removing a freeway can be instrumental to a tear-down, Norquist said. When the city of Milwaukee wanted to remove the Park East Freeway, Wisconsin Governor Tommy Thompson wasn't keen on the idea but changed his mind after Harley-Davidson, based in Milwaukee, said if the highway were gone, the company would build a museum in the revitalized area.

Also speaking at the Sojourner Center on Feb. 20 was Ellen Lee, senior vice president at the Greater New Orleans Foundation. She grew up in Treme near the expressway, and her mother still lives there. Lee said the Claiborne project is expected to address income levels in the area, and noted "President Obama says working families shouldn't be living in poverty." She's optimistic that the adjacent BioDistrict of New Orleans, where two hospitals are under construction now, will create good jobs.

As of last summer, 27 percent of the city's residents lived in poverty, well above the national average of 15 percent, according to the New Orleans Community Data Center.

On the technical side, Park said studies and urban plans are two different animals. "Studies are done to analyze while plans are a statement of what we want something to be," he said. And he cited a city planner's credo, saying "to plan is human, to implement is divine." If that sounds familiar, it's a variation on a biblical teaching that humans are implements of a divine plan.

As for New Orleans, Park said the city impressed the world with its resilience after Katrina and can be a role model for other urban areas if it revives the Claiborne corridor.

The Feb. 20 event was organized by the Congress for the New Urbanism and the Claiborne Corridor Improvement Coalition, with support from the Greater New Orleans Foundation and the Ford Foundation.

Livable Claiborne Communities will hold workshops on March 16 at Joseph A. Craig Elementary School on St. Philip St. in New Orleans and on March 18 at Ashe Cultural Arts Center on O.C. Haley Blvd. To learn more, visit www.LivableClaiborne.com on the web. end

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Source: http://www.huffingtonpost.com/susan-buchanan/new-orleans-considers-tea_b_2778998.html

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Wednesday, February 27, 2013

Trekkies Vote 'Vulcan' Into the Solar System

New submitter jollyrgr3 writes "If William Shatner gets his wish, one of Pluto's two new moons will be named Vulcan. The two small moons were discovered recently, and the SETI Institute launched an online poll to let people choose names. Captain Kirk himself suggested the names Vulcan and Romulus. Vulcan was accepted as a candidate, and Shatner exhorted his Twitter followers to vote. Vulcan ended up winning by a landslide, taking 174,000 of the 450,000 total responses. The next highest was Cerberus at just shy of 100,000. The names still have to be approved by the International Astronomical Union, as they have the final say. Leonard Nimoy approves."

Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/bRCgdItORLc/story01.htm

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Qualcomm announces Gobi chipset with LTE Advanced and Carrier Aggregation

Android Central

Android Central at Mobile World Congress

Qualcomm, well known for both its radio chipsets and processors, is announcing today that its latest Gobi chipsets -- the MDM9225 and MDM9625 -- are capable of LTE Advanced and Carrier Aggregation for higher data speeds. Carrier Aggregation (which isn't what you'd think) is a technology that allows the LTE radio in a device to pull down data across multiple bands of spectrum. This means that a device could simultaneously receive data over two (or more) different frequencies, combining it to give data speeds similar to what it would be over a larger chunk of a single frequency. For example, if a carrier has deployed 10MHz of spectrum in one frequency and 10MHz in another, the chip could combine those two and give users the same experience as if the carrier had deployed 20MHz of continuous spectrum in one band.

This is some nerdy radio stuff, but the end result is very important. There's a lot of spectrum out there, but it's not always allocated to each operator in the most efficient way. As networks transition between older 3G technologies and LTE, the spectrum may not be allocated in complete 20MHz blocks for use by a single network. These new Qualcomm chips let devices connect to these disjointed bands simultaneously.

These new MDM9x25 chips are manufactured using a 28nm (nanometer) process, and offer LTE Advanced with downlink speeds up to 150mbps on top of extensive 2G and 3G (including DC-HSPA+) support all in one chip. The process has already been shown off inside of a Sierra Wireless mobile hotspot, and Qualcomm says that OEM partners began sampling the chips in November of last year to make it into consumer products in late 2013.

read more



Source: http://feedproxy.google.com/~r/androidcentral/~3/ihQa2SHRIYo/story01.htm

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