Tuesday, October 30, 2012

Superstorm Sandy Liveblog: Is global warming to blame?

Are hybrid 'Frankenstorms' like Sandy a sign of things to come?

By Staff,?CSMonitor.com / October 29, 2012

The Weather Channel Meteorologist Jim Cantore reports on Hurricane Sandy from Battery Park in New York City, where one major concern is storm surge as the city prepares for landfall.

Monday 10:45 p.m.

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As Hurricane Sandy bears down on the East Coast, many are asking if the so-called Frankenstorm was caused by ? or at least fueled by ? global warming.

The Huffington Post's Tom Zeller quotes Kevin Trenberth, head of the Climate Analysis Section at the USA National Center for Atmospheric Research, who describes Sandy as representing "the new normal."

"The past few years have been marked by unusually severe extreme weather characteristic of climate change." Trenberth told HuffPo. "The oceans are warmer and the atmosphere above the oceans is warmer and wetter. This new normal changes the environment for all storms and makes them more intense and with much more precipitation."

At the New Yorker, journalist Elizabeth Kolbert points to a press release by the German reinsurance giant Munich Re, titled "Severe weather in North America." It shows a nearly five-fold increase in the number of damaging weather-related events in North America over the past three decades, compared with a four-fold jump in Asia, a 2.5-fold leap in Africa, and two-fold increase in Europe and 1.5-fold in South America.

"It is, at this point, impossible to say what it will take for American politics to catch up to the reality of North American climate change," writes Kolbert.

Definitively blaming manmade climate change for Hurricane Sandy's size and intensity is impossible. After all, the world has experienced damaging hurricanes long before humans began burning fossil fuels. At most, we can say climate change simply increases the odds of such storms.

Still, one odd signal jumps out. Sandy, which has been dubbed a Frankenstorm by forecasters, is a hybrid storm created when a slow-moving, unusually wavy Arctic jet stream from the north wrapped itself around a tropical storm from the south. A study published in January 2012 found that, as Arctic ice melts, the darker water absorbs more heat, which causes the jet stream, which is propelled by north-south temperature differentials, to slow down and become wavier.

Is Superstorm Sandy a result of climate change? Nobody knows. But what we do know is that Sandy is an example of what climate change looks like.

Monday 10:05 p.m.

Police, fire, and EMS scanners in New York City reveal that Sandy is keeping emergency responders very busy tonight. There are widespread reports of flooding throughout the city, people stranded, and at least one death. Here are some recent incidents:

TRAUMA ALERT
10/29/12 20:02
(QUEENS - ) UNITS ON SCENE OF A TREE DOWN ON A PERSON, AIDED DEAD ON SCENE/DECEASED [NYC055]
TECHNICAL RESCUE
10/29/12 20:00
(BROOKLYN - ) MALE STUCK ON TOP OF GARBAGE TRUCK DUE TO HIGH WATER, NATIONAL GUARD ENRTE [BCC022]
TECHNICAL RESCUE
10/29/12 19:49
(BROOKLYN - 154.370) L-168 REQ. IMMEDIATE ASSISTANCE - PEOPLE TRAPPED IN FLOOD WATERS, COLD RESCUE SUITS REQ. [NZL111]
1 ALARM FIRE
10/29/12 19:34
(QUEENS - 154.400) E-268 REPORTS WORKING FIRE IN A DWELLING, EXPOSURE PROBLEM BUT UNABLE TO COMMIT DUE TO FLOODING. [NZL111]
TECHNICAL RESCUE
10/29/12 19:33
(QUEENS - ) NYPD 100PCT SURROUNDED BY WATER- REQ. ESU & BOATS TO EVACUATE OCCUPANTS. [MAS163]

These reports are delayed up to two hours. You can listen to the scanner bands yourself at radioreference.com

Monday 9:30 p.m.

The latest update from??the National Hurricane Center reports huge storm surges in New York Bay: 13.3 feet at Kings Point on Long Island, 13.7 feet at the Battery in New York City, and 13.3 feet at Sandy Hook, New Jersey.

Reuters is reporting that Con Ed shut down power for two areas in Lower Manhattan to protect electrical equipment. The news agency reports that there are some 156,000 customers in New York City and Westchester County now without electricity.

More dire safety concerns could mean that power could be turned off for many more: The Associated Press reports that nuclear power regulators are keeping a close eye on wind speeds near reactors in five states. If sustained winds top 74 mph, the plants will go offline, per safety procedures.

Monday 8:30 pm

Sandy's eye?is now over land, according to the National Hurricane Center, with sustained winds of 80 miles per hour.?

From here we can expect Sandy to lose intensity, but the East Coast is by no means out of the woods yet. ?According to the NHC, tide guages have measured storm surges of almost 12 feet at Kings Point on Long Island, 8.4 feet at the Battery in New York City, and 8.6 feet at Sandy Hook, New Jersey.

Monday 7:15 pm

The National Hurricane Center is now designating Sandy as a "post-tropical cyclone," albeit one that still has hurricane-force winds:

SATELLITE...RADAR...AND AIRCRAFT DATA INDICATE THAT SANDY HAS CONTINUED TO LOSE TROPICAL CHARACTERISTICS. ?NHC IS NOW DESIGNATING SANDY AS A POST-TROPICAL CYCLONE. ?IN ADDITION...THE MAXIMUM WINDS HAVE DECREASED SLIGHTLYAND ARE NOW NEAR 85 MPH...140 KM/H.

As Sandy transitions from a hurricane to a tropical low, it will stop powering itself primarily by extracting heat from the oceans; instead it will churn as a result of horizontal?temperature differences in the atmosphere.?

Fox News reports that Sandy has made landfall?in southern New Jersey just after 6 p.m., but this has not yet been confirmed by the National Hurricane Center, which reported at 7 p.m. that the storm will hit land within the next hour or so. ?

When Sandy arrives, it is very likely that it will be at or near Atlantic City. New Jersey On-Line reports that the Garden State's governor, Chris Christie, has issued an angry rebuke to Atlantic City mayor?Lorenzo Langford, who did not require residents to evacuate.

The Monitor's Mark Clayton reports that, by 6 p.m., some 2.1 million people were already without power in nine eastern states.

Monday 5:20 pm

With sustained winds of up to 90 miles per hour, Hurricane Sandy is expected to make landfall somewhere along New Jersey's southern coast sometime within the next "couple of hours," according to the most recent update from the National Hurricane Center.?

Sandy is big. The NHC update says to expect hurricane-force winds, that is, winds of more than 55 mph, up to 175 miles from her center, along all portions of the East Coast between?Chincoteague, Va. and Chatham, Mass. Tropical-storm-force winds?(35 mph to 55 mph) are forecast for 485 miles from the center.

Sandy, which is approaching the shore at 28 mph, is not expected to weaken before it makes landfall, although it will very likely become less intense once its eye is over land.?

The NHC warns of storm surges from North Carolina to New Hampshire, with particularly strong surges ? up to 11 feet ??occurring?in Long Island Sound, Raritan Bay, and New York Harbor. ?

Writing from New York City, the Monitor's Ron Scherer reports that?Connecticut Gov. Dannel Malloy?predicts that Sandy would bring two times more water into Long Island Sound than Hurricane Irene, which caused about $19 billion in damages.?

Monday 4:15 pm

The eye of Hurricane Sandy is now 2-3 hours from the coast of New Jersey, according to the latest National Hurricane Center advisory. Winds are still at 90 mph, and Sandy's still moving at about 28 mph. Some have speculated that since Sandy is arriving sooner than forecast, and ahead of the high tide (between 8-9 p.m. tonight), that the storm surge won't be as bad as predicted. But that reasoning may be wrong.

Already the storm surge at New York City's Battery is at 6.1 feet, well above last year's peak during Hurricane Irene. Atlantic City is reporting a 5- foot storm surge. New Haven, Conn. is at 5 feet, and Boston has seas 4.2 feet above normal.

As previously reported, the expected storm surge in the NYC area is 6 to 11 feet. Even if Sandy makes landfall before the high tide, the winds whip around the backside of Sandy will push sea levels higher.

Monday 3:05 p.m.

Hurricane Sandy's barometric pressure has dropped to 940 millibars. Wind speeds are holding at 90 mph, according to the 2 p.m. National Hurricane Center update.?

Sandy is turning toward the East Coast and has sped up to 28 mph. Even as it makes a left turn, "it also is swapping energy sources to become an extratropical cyclone.

The shift from tropical to extratropical tends to intensify the storm for a period, as well as redistribute winds and rainfall in ways that can shift the regions most heavily affected by wind and rain,"?writes Pete Spotts, the science writer for The Christian Science Monitor.

If Sandy retains the current barometric pressure, or it drops further, at landfall, the location would go into the record books as experiencing the lowest barometric pressure of any spot in the US north of Cape Hatteras, according to data compiled by the Weather Underground.

Monday 2:50 p.m.?

Google has put together a crisis map for Hurricane Sandy, which overlays lots of different data about the storm ? including its current position and forecast track, storm surge probabilities, traffic conditions, and emergency shelter locations ? into a single interactive image. ?

Also, be sure to check out this mesmerizing map of wind conditions across the United States. It was developed a few weeks by Google data visualization experts Fernanda Vi?gas and Martin Wattenberg, in part to help people conceptualize the potential of wind energy, but the map is particularly striking on a day like today.?

How does Hurricane Sandy compare with Irene, which battered the East Coast from South Carolina to Maine last year? Take a look at this interactive image from the Wall Street Journal.

Irene was the fifth costliest hurricane in US history.

If you're interested in how Sandy compares to every cyclones recorded since 1851, check out this graphic from the Guardian.?

Finally, if you haven't had enough scenes of reporters getting pelted by sea foam, people buying bottled water, or Fox News weathercaster Janice Dean throwing air quotes, have a look at Poynter's collection of animated gifs of hurricane clich?s.

Monday 1:45 pm

What's all the buzz about Hurricane Sandy's barometric pressure? (And does it have anything to do with inducing labor in pregnant women?)

Hurricane Sandy's barometric pressure is really low, especially for a Category 1 (winds between 74-95 mph) hurricane.

Generally, the lower the barometric pressure, the higher the winds.

Barometric pressure is a measurement of the weight of the air. "Baros" is Greek for weight, and the Greek word for measure is "metron."?A barometer measures the weight of a column of air directly above a given point in terms of inches or milibars of mercury displaced.

The normal sea level pressure is 1013.25 millibars.

Hurricane Sandy's barometric pressure was 943 milibars Monday morning, according to the Hurricane Hunters, the US Air Force pilots that regularly fly into the eye of hurricanes. That reading was a drop from the previous reading, indicating an intensification of the hurricane.

Hurricane Sandy's barometric pressure is now roughly equivalent to the typical Category 3 or Category 4 storm on Saffir-Simpson Hurricane Scale. But Sandy is not a typical hurricane; it is, in the words of ?Weather Channel meterologist Stu Ostro,?a?"meteorologically mind-boggling combination of ingredients."

But we digress from role of barometric pressure. Suffice it to say, Sandy's barometric numbers are low, and they are helping make it a very big storm.

How low are Sandy's barometric readings??The storm isn't (yet) in the US Top 10 most intense (as measured by low barometric pressure) hurricanes. But Sandy's getting close. No. 10 on the list was a Hurricane Carla, a 1961 Category 4 storm with 931 millibars.

The lowest barometric pressure ever measured in a US hurricane was 882 millibars, in Hurricane Wilma in 2005. Wilma had sustained winds of more than 185 mph, making it a Category 5 storm.? The cyclone with the lowest recorded barometric pressure in the world was the 1979 storm Typhoon Tip, in the western Pacific Ocean, with a measurement of 869.9 millibars.

Why does a lower barometric pressure in the eye of the storm produce higher winds?

"Wind is a result of forces attempting to balance. As the pressure lowers in the center, the air spiraling around the eye must spin faster to offset the greater ?slope? (gradient) of the pressure surface," according to Steve Lanore, who uses the analogy of a ball spinning around the edge of a bowl to explain this.

There's also a good graphic of that explains the correlation between barometric pressure and hurricane wind speeds from the University of Illinois at Urbana-Champaign.

Oh yes, is Hurricane Sandy likely to induce labor?

Most obstetricians who have looked at this say no. But the theory has some logic to it. Some have put forth the idea that as the atmospheric pressure drops, there's less pressure on the amniotic sac membrane, and it spontaneously ruptures ? causing the woman's water to break.

But Dr. Salih Yasin, a practicing obstetrician for 25 years in Miami, who told My Health News Daily that he has not seen any increase in women going into labor during hurricanes. And Florida gets its fair share of hurricanes and tropical storms. He mentions two studies ? one in Houston and one in Miami ? that show no correlation between falling barometric pressure and births.

Monday 12:15 p.m.

?
Forecasters are warning that storm surges will be particularly strong thanks to the high tide, which coincides with the full moon.?
What does the amount of light reflecting off the moon have to do with the tides? Our friends at OurAmazingPlanet explain that the tides are influenced not just by the gravitational pull of the moon, but also that of the sun:

At full moon, the Earth, sun and moon are arranged in a line, with Earth in the middle. Tidal ranges are especially high at this time because the gravitational tugs of the sun and moon on our planet reinforce each other. The same effect is felt at new moon, when the three bodies all line up, with the moon between Earth and the sun.

During periods of high winds, a spring tides makes storm surges more severe. AccuWeather quotes MIT atmospheric scientist Kerry Emanuel, who calls storm surges "interesting," a word that scientists often use as a synonym for "very bad."

"They are one of the major sources of damage caused by hurricanes," says Emanuel. "They are like tsunamis but they are not generated by earthquakes but by hurricane winds."

Monday 11:15 a.m.

Hurricane Sandy is strengthening, and moving a little slower as it starts its turn west, according to the 11 a.m. National Hurricane Center advisory.
Sandy now has maximum sustained winds of 90 mph, up from 85 mph at the 8 a.m.

It has slowed its north-northwestern movement from 20 mph, to 18 mph. And is expected to make landfall this evening "just south of the Southern New Jersey coast."

Monday 10:50 am

If high winds and storm surge weren't enough, several states are now experiencing snow as Sandy mixes with the low pressure ridge along the East Coast, in the Appalachian range, some higher elevations of North Carolina and Tennessee are already getting snow.

?And the National Weather Service expect blizzard conditions in some higher elevations of West Virginia.

NATIONAL WEATHER SERVICE CHARLESTON WV
625 AM EDT MON OCT 29 2012
...FIRST WINTER STORM IS A BLIZZARD FOR THE HIGH TERRAIN...
.THE REMAINS OF HURRICANE SANDY WILL COMBINE WITH AN UPPER LEVEL
LOW TO PRODUCE HEAVY SNOW AND STRONG WINDS ACROSS THE MOUNTAINOUS
COUNTIES.
...BLIZZARD WARNING REMAINS IN EFFECT FROM NOON TODAY TO 4 PM EDT
WEDNESDAY...
* LOCATIONS...VERY ELEVATION DEPENDENT WITH THE BEST CHANCES
? ACROSS HIGH TERRAIN...BUT CAN NOT BE RULED OUT IN THE VALLEYS.
* HAZARD TYPES...HEAVY WET SNOW...AND STRONG GUSTY WINDS.
* SNOW ACCUMULATIONS...RANGING FROM 1 TO 6 INCHES BELOW 2000
? FEET...TO 1 TO 3 FEET ABOVE 3000 FEET.

At 8 a.m. snow was falling in Boone, N.C., according to?WRAL.com.

In the Great Smokey Mountains, there are reports that 6.5 inches had fallen in places and that Highway 441 near the Newfound Gap was now closed. The headline on?Knoxnews.com:
"Snow from 'Frankenstorm' already hitting Smokies; 441 closed."

The National Weather Service report for Morristown, Tenn. in eastern Tennessee, has a Winter Storm Warning through Wednesday morning. The report includes:

_ A deep plume of moister will move over the spine of the Appalacians, result in in the potential for rain showers and snow showers in the valleys and some locally heavier snowfall across the higher elevations.
- Gusty northwesterly winds associated with this strengthening storm system will increase to 25-35 mph, and may gust up to 40-50 mph across the mountains.

The greatest potential for significant snowfall will be along the higher mountains ? with 6-12 inches possible above 3,000 feet.

But the National Hurricane Center is still predicting larger snowfalls in some areas of the Appalachians.

SNOWFALL..SNOW ACCUMULATIONS OF 2 TO 3 FEET ARE EXPECTED IN THEMOUNTAINS OF WEST VIRGINIA WITH LOCALLY HIGHER TOTALS TODAY THROUGHWEDNESDAY. SNOWFALL OF 1 TO 2 FEET IS EXPECTED IN THE MOUNTAINS OFSOUTHWESTERN VIRGINIA TO THE KENTUCKY BORDER...WITH 12 TO 18 INCHESOF SNOW EXPECTED IN THE MOUNTAINS NEAR THE NORTH CAROLINA/TENNESSEEBORDER AND IN THE MOUNTAINS OF WESTERN MARYLAND.

Atlantic City flooding as storm surge begins

Monday 9:10 a.m.

With the arrival of the morning high tide, flooding has begun in the streets of Atlantic City. There are unconfirmed reports that parts of Atlantic City's boardwalk have collapsed.

In Atlantic City, winds are gusting to tropical storm strength. All 12 casinos were shut down at 4 p.m. Sunday after Gov. Chris Christie declared a state of emergency for the entire state.

By 7:30 a.m., the streets immediately around the new Revel casino and hotel were covered with more than a foot of water, witnesses said.
Parts of Black Horse Pike in West Atlantic City, Route 30 and Route 9 in Absecon, Route 559 in Somers Point and Route 322 in Hamilton are already flooded, county officials said. Roads in Hamilton Township and Mays Landing were also impassable, reports NJ.com.

In Cape May the ocean has also breached the main oceanfront drive, Ocean Avenue, near the city's southern end, the Associated Press reports

New Jersey is also seeing power outages. As of 3:30 a.m., PSE&G is reporting 829 customers without power due to the early effects of Hurricane Sandy. Of that total, 794 of the outages are located in Deptford Township in Gloucester County. As of 5 a.m., JCP&L reported about 5,000 customers without power in Burlington and Ocean county, including more than 4,000 in Toms River, reports NJ.com.

RECOMMENDED: Five ways to prep for a hurricane

Monday 8:40 am.

The National Hurricane Center 8 a.m. report indicates that Hurricane Sandy is now starting to pick up speed (moving at 20 mph) and turn west. The blocking high pressure area in the north Atlantic will send Sandy on a sharper turn toward the coast later Monday morning.

Air Force hurricane hunter aircraft have clocked Sandy's sustained winds at 85 mph, with higher gusts, as far as way as 175 miles from the eye of the hurricane. As we've said this is a BIG storm. Tropical storm force winds (above 39 mph) extend almost 500 miles from the center of the storm. That means tropical force winds are now pummeling the coasts of New Jersey, Delaware, and Easter Virginia.

From the National Hurricane Center report: WIND...TROPICAL STORM CONDITIONS...OR GALE FORCE WINDS...ARE ALREADY OCCURRING OVER PORTIONS OF THE MID-ATLANTIC STATES FROM NORTH
CAROLINA NORTHWARD TO LONG ISLAND.? GALE FORCE WINDS ARE EXPECTED
TO CONTINUE TO SPREAD OVER OTHER PORTIONS OF THE MID-ATLANTIC
COAST...NEW YORK CITY...AND SOUTHERN NEW ENGLAND LATER THIS
MORNING.? WINDS OF HURRICANE FORCE COULD REACH THE MID-ATLANTIC
STATES...INCLUDING NEW YORK CITY AND LONG ISLAND...LATER TODAY.
WINDS AFFECTING THE UPPER FLOORS OF HIGH-RISE BUILDINGS WILL BE
SIGNIFICANTLY STRONGER THAN THOSE NEAR GROUND LEVEL.

Storm Surge Outlook

?

Monday 8:15 a.m.

As predicted, Hurricane Sandy has strengthened in the last 24 hours. It has begun it's turn toward the? East Coast. The barometric pressure has dropped to record levels, the winds have picked up to about 85 miles per hour, and Sandy has grown in size. Sandy now spans 1,000 miles. While it's still at least 300 miles from landfall, tropical storm strength winds (sustained winds above 39 mph) are already being felt on shore.

Record storm surges are expected, which is why hundreds of thousands of residents from Maryland to Connecticut were ordered to leave low-lying coastal areas. Some 375,000 people were ordered to leave lower Manhattan and other parts of New York City.

NOAA and the National Hurricane Center are predicting storm surges of 6-11 feet in the New York City area. How bad is that? For context, during Hurricane Irene last year, the storm surge at Battery Park hit 4.4 feet. The maximum surge during Irene was 4.5 feet in the New York City area, at Kings Point.

Currently, the storm surge is already at 4 feet at Kings Point, according to the Weather Channel.

Here's the National Hurricane Center 8 a.m. outlook on storm surge:

NC NORTH OF SURF CITY INCLUDING PAMLICO/ALBEMARLE SOUNDS...4 TO 6 FT SE VA AND DELMARVA INCLUDING LOWER CHESAPEAKE BAY...2 TO 4 FT UPPER AND MIDDLE CHESAPEAKE BAY...1 TO 3 FT LONG ISLAND SOUND...RARITAN BAY...AND NEW YORK HARBOR...6 TO 11 FT ELSEWHERE FROM OCEAN CITY MD TO THE CT/RI BORDER...4 TO 8 FT CT/RI BORDER TO THE SOUTH SHORE OF CAPE COD INCLUDING BUZZARDS BAY AND NARRAGANSETT BAY...3 TO 6 FT CAPE COD TO THE MA/NH BORDER INCLUDING CAPE COD BAY...2 TO 4 FT MA/NH BORDER TO THE U.S./CANADA BORDER...1 TO 3 FT

Check out the predicted storm surge map at Wundergrund.com.

SEE YESTERDAY'S HURRICANE SANDY LIVEBLOG: SUNDAY OCT. 28

RECOMMENDED: Are you scientifically literate? Take the quiz

Source: http://rss.csmonitor.com/~r/feeds/science/~3/OwqY-HBAQ_s/Superstorm-Sandy-Liveblog-Is-global-warming-to-blame

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Friday, October 26, 2012

How do you define HR? - The Social Workplace

When you talk to most HR professionals and ask them to define HR, you are likely to get a response that is similar to ?HR is about the people? or ?HR is about the greatest asset of any organization which is the people.?

When HR Daily Advisor asked Kojo Amissah, SPHR, HRMP, MBA from Ghana to define HR, he provided an answer you don?t hear every day:

?HR is about the business to the extent to which you can utilize people to obtain business goals.?

Amissah supported his answer by explaining the reason why businesses do focus on the people that work for them and why it is a priority to ensure employees are happy, satisfied and motivated. Simply put, he says, ?Organizations want people engaged to help achieve business goals. That is why employee satisfaction is so important?.

Amissah provided a great analogy that compares employees to the customers which the organization serves. Many of us ensure that when we encounter our customers we treat them with respect and kindness, and before ending our engagement we make certain that all of their needs were met.

Amissah asked us to think about why we take such care and spend so much energy on making our customers happy. Not a hard question at all. We want our customers to have a great experience so they will be repeat customers and tell all of their friends about the service and/or product we are offering coupled with the great experience they had.

Companies do the same. To ensure that they continue to attract the best talent, keep the best talent, and have a reputation for doing so, organizations must work hard to make their employees happy. The end result impacts the business?s bottom line.

Amissah believes that HR is put in place to ensure employees are happy and well engaged so in turn they will do more for the company. He suggests that HR leaders combine satisfaction with performance. It will allow them to better measure success. When linking HR to people alone it is almost impossible to measure performance but linking the people with business goals will provide HR with a more tangible gauge.

So how do YOU define HR? And what do you think HR means for you and the organization? I would love to hear your comments below!

?

This post was originally published on HR Daily Advisor:?Definition of HR? Hint: It?s More than ?I?m a People Person?

Source: http://www.thesocialworkplace.com/2012/10/25/how-do-you-define-hr/

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Friday, October 19, 2012

CNN: Obama spoke longer; Romney spoke more

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Source: http://news.yahoo.com/cnn-obama-spoke-longer-romney-spoke-more-214447816.html

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Thursday, October 18, 2012

American Express profit inches higher in 3Q

FILE - This March 19, 2012 file photo shows a sign for American Express in New York. American Express says its net income rose 1 percent in the third quarter as its customers spent more money, boosting revenue for the credit card issuer. But the rate of growth in customer spending was slower than earlier this year, echoing a trend among major card issuers. The New York-based company said Wednesday, Oct. 17, 2012 that it posted net income of $1.25 billion, or $1.09 per share, for the three months ended Sept. 30. (AP Photo/Mark Lennihan, File)

FILE - This March 19, 2012 file photo shows a sign for American Express in New York. American Express says its net income rose 1 percent in the third quarter as its customers spent more money, boosting revenue for the credit card issuer. But the rate of growth in customer spending was slower than earlier this year, echoing a trend among major card issuers. The New York-based company said Wednesday, Oct. 17, 2012 that it posted net income of $1.25 billion, or $1.09 per share, for the three months ended Sept. 30. (AP Photo/Mark Lennihan, File)

(AP) ? American Express Co. said Wednesday that its net income rose 1 percent in the third quarter, aided by lower expenses and increased spending by the credit card issuer's customers.

Spending by the company's cardholders rose 8 percent in the U.S. during the July-to-September quarter versus a year earlier. It increased 6 percent globally.

The increased spending helped boost revenue 4 percent. The company also benefited from lower operating costs.

Even so, the rate of growth in spending by the New York company's cardholders actually slowed compared to a few months ago, reflecting a trend among major card issuers this year, CEO Kenneth Chenault said.

In the second quarter, American Express' revenue grew 5 percent from a year earlier.

The company's provisions for loan losses jumped 92 percent to $479 million from $249 million a year earlier, when write-offs and delinquencies were declining at a faster rate and American Express released a far bigger portion of its reserves set aside to cover bad loans.

In the latest quarter, the company's reserve release totaled $88 million, compared to $427 million in the same period last year.

Still, another factor in the increased provision for losses in the third quarter: Cardholder loans are up 6 percent from a year ago.

"Spending growth continues to be healthy despite the uneven economy," said Dan Henry, American Express' chief financial officer, during a conference call with Wall Street analysts.

Even as its customers spent more, some on charge cards that carry balances, they got better about keeping up with their debt payments.

Credit quality ? an industry term for how well borrowers are keeping up with debt payments ? remained at historically strong levels, the company said.

American Express' delinquency rate was flat compared to the second quarter, and it continued to see declines in the rate of write-offs, Henry said.

Cards with no set spending limit and other high-end perks have helped American Express draw customers who are about a third more affluent than other credit card holders.

Those affluent shoppers have spent more freely in the years following the recession. They also have been less prone to let their balances go unpaid. The combination has helped drive American Express' earnings.

For its latest quarter, American Express reported net income of $1.25 billion, or $1.09 per share, for the three months ended Sept. 30. That compares with net income of $1.24 billion, or $1.03 per share, in the same period last year.

Revenue rose 4 percent to $7.86 billion from $7.57 billion.

Analysts polled by FactSet were expecting earnings of $1.09 per share on revenue of $7.9 billion.

American Express shares ended regular trading up 74 cents at $59.37. The stock fell 66 cents to $58.72 in aftermarket trading after the release of the earnings report.

The stock is up 25 percent so far this year.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-10-17-Earns-American-Express/id-af8b801389a44ed4b5f1d55f46462f71

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Tuesday, October 16, 2012

Lonely, hard work on oil rigs, but salaries soaring

SINGAPORE (Reuters) - What jobs offer the highest pay? Investment banking is up there. So is specialist surgery.

But consider this. Slightly over twenty years ago, Johnathan Roberts started work on an oil rig at $5 an hour. Today, the newly appointed operations manager of Norway's Standard Drilling makes about half a million dollars a year.

Even accounting for inflation, it's a huge jump for the 45-year-old American. Salaries on oil rigs have soared because of a global boom in offshore drilling.

Managers and workers are scarce in this specialised industry, where the work is intense and the job involves living on a platform in remote seas for weeks. For new players in Asia, where the energy demands of booming economies are driving a foray into offshore drilling, the costs and availability of skilled workers will be a big restraining factor.

"The amount of money they are making an hour is just mind-boggling now, just five years ago they were making just half that," said Roberts, who moved to Singapore this year from Texas. He said his pay more than doubled in 1999 when the industry faced a labour shortage like the one that appears to be emerging.

The increasing demand for oil and gas is pushing energy companies to explore frontier areas like the Arctic and new offshore zones given that output from accessible fields is declining. Global oil demand has risen 14 percent in total to 88 million barrels per day (bpd) in 2011 from 2001, according to the BP annual statistical review. Rapidly growing economies have accounted for much of the increase -- consumption in China doubled in the same period to 9.76 million bpd.

Energy and mining offer good salaries, said Wyn James, a Singapore-based Briton who left a career in banking this year to open Zhen Global, a firm that recruits and places workers in mining and oil extraction.

"What we are seeing now is an acute shortage of people actually with applied skills, from engineering or chemical backgrounds," James said.

"Even if the skills do exist globally, they don't necessarily exist in the place that is needed. So what we are doing is we are picking up people from all corners of the world and we are sticking them into projects, whether it's short-term or medium-term, but where they can earn reasonable money, live in a different country, live offshore, whatever that may be."

GLOBAL TREND

Deepwater drilling, one of the most difficult but most lucrative parts of the extraction business, has mainly been centred in the Gulf of Mexico. But in the past decade, Brazil has become a key player, exploring untapped reserves in the Santos basin as far away as 300 km (188 miles) southeast of Sao Paulo, and at depths of over 1,500 metres. That drive is sucking in hundreds of rig operators, drillers, engineers and other technicians.

On the other side of the world, China National Offshore Oil Corp (CNOOC) aims to build capacity to produce one million barrels per day of oil equivalent in deep waters offshore China by 2020.

India, Asia's third-biggest oil consumer, is also expanding into the deep waters of the Bay of Bengal.

There were 540 offshore oil rigs in the world last year and, by the end of 2012, the number should rise by 51 to 591, says Faststream Recruitment, a U.K.-based firm that specializes in hiring for the shipping, oil and gas industry.

It is the biggest jump for any year in the past decade, said Mark Robertshaw, managing director of Faststream. In 2013, the number will grow by 28 to 619.

The increase would mean more than 11,000 new jobs over the next 12 to 18 months from a total of 117,000, based on an average need of about 184 jobs on one rig, he said.

"If you consider that over the past 10 years, the annual number of rigs under contract has grown to average 539 during 2011, it becomes apparent that offshore employment for workers actually housed on floaters and jackups will spike significantly," Robertshaw said.

ROUSTABOUTS AND ROUGHNECKS

The labour crunch has already seen pay for a roustabout, the least skilled worker on a rig, nearly double in the past five years to $18-$20 an hour. A roughneck, a rank higher, earns about $27-$28, said Roberts, the U.S. rig manager.

"When the rousta gets a raise it doesn't just stop there," he said. "It goes all the way to the top."

A rig operates on 12-hour shifts and typically workers do 14 days and then rotate out for a break for another 14 days.

The schedule puts off many and with salaries in IT and other industries growing, an engineering graduate or technician has other options.

"Skilled labour is becoming difficult to find," said Scott Kerr, chief executive of Norwegian deepwater drilling company Sevan Drilling.

The salary increases show up on balance sheets. For Keppel Corp., the world's largest rig builder, wages and salaries surged 27 percent to $1.43 billion by 2011 from 2007, while the number of employees increased 5.7 percent over the same period, according to its annual reports. Nearly 90 percent of staff work in the oil rig division.

Besides pay, companies try to attract talent with career opportunities.

"An engineer does not need to stay an engineer all his life. I was trained as a naval architect and I practised for a few years, but beyond that I was in management," said Choo Chiau Beng, chief executive of Keppel Corp.

"In some respects, being a highly paid CEO has attracted people to Keppel, because it shows you don't need to be a lawyer to be highly paid, you can be an engineer and be highly paid."

For rig men like Roberts, the money is not to be sneezed at.

"After clearing taxes, my first check after one week was $167," he said. "My first apartment was very small, it was a little bitty one bedroom studio."

Today, Roberts owns a home in a community in Texas that has manicured lawns, landscaped gardens and four golf courses. He is saving to buy a $2 million ranch.

"I didn't come up with a silver spoon in my mouth, I came up working through the ranks," he said.

(Additional reporting by Charlie Zhu in Hong Kong; Editing by Raju Gopalakrishnan)

Source: http://news.yahoo.com/lonely-hard-oil-rigs-salaries-soaring-033406271.html

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Sunday, October 14, 2012

New web-based model for sharing research datasets could have huge benefits

Friday, October 12, 2012

A group of researchers have proposed creating a new web-based data network to help researchers and policymakers worldwide turn existing knowledge into real-world applications and technologies and improve science and innovation policy.

Researchers around the world have created datasets that, if interlinked with other datasets and made more broadly available could provide the needed foundation for policy and decision makers. But these datasets are spread across countries, scientific disciplines and data providers, and appear in a variety of inconsistent forms.

Writing in the new issue of the journal Science, seven researchers propose a new data network that can help bring this knowledge together and make it available to all.

The benefits to society from such a network are clear, said Bruce Weinberg, co-author of the paper and professor of economics at Ohio State University.

"Such a network could help scientists, policymakers and business people take the knowledge that is now locked in scientific publications and create new technologies and applications," Weinberg said. "This is a key to economic growth."

The purpose of this new model is to make data accessible, said Laurel Haak, co-author of the paper and executive director of ORCID, an international, interdisciplinary, open, and not-for-profit organization formed to provide a registry of unique identifiers for researchers.

"Researchers lament the lack of data sharing. But a new data infrastructure has the potential to overcome that problem and potentially transform research practice itself," Haak said.

In the Science article, the authors say that one key to making this proposed project work is to have a unified set of standards between databases and platforms. One simple example is that databases often have different ways of identifying authors. In one database, an author may be listed as "David A. Smith" while another would list the same person as "D.A. Smith." Other researchers would have no way of knowing if these two records referred to the same author.

"We need a coordination of data exchange standards to make this effort work," said David Baker, co-author and executive director of Consortia Advancing Standards in Research Administration Information (CASRAI), a non-profit standards development organization.

This new data infrastructure must only be a "thin layer" on top of the database structures that already exist, Baker added. "It needs to work seamlessly with the databases and platforms we already have in place. "It shouldn't add another layer of complexity."

One major issue is achieving broad-based participation in this effort, said co-author Gregg Gordon, president and CEO of the Social Science Research Network.

"We need to have participation from researchers in all fields, whether they work in multinational corporations, non-profits, government agencies or universities," Gordon said. "We need all the different players to work together to make this effort successful."

Users of the infrastructure would use the public data and tools at no charge, pay for access to private areas and tools, and apply for access to security-sensitive part of the system.

The authors of the Science paper emphasize that no single organization can manage this infrastructure alone. Governments, non-profits, and for-profits must all collaborate.

They envision a steering committee comprising members of the major data providers, including government agencies, standards organizations, private data vendors as well as the research community.

While a lot of work needs to be done, the researchers say the effort will be worth it.

"The model we propose provides tremendous benefits from combining and mining the vast quantities of data that are already available," the authors conclude.

###

Ohio State University: http://researchnews.osu.edu

Thanks to Ohio State University for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

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Source: http://www.labspaces.net/124434/New_web_based_model_for_sharing_research_datasets_could_have_huge_benefits

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Friday, October 12, 2012

Improving nanometer-scale manufacturing with infrared spectroscopy

ScienceDaily (Oct. 10, 2012) ? Nanotechnology-based materials identification enables critically needed chemical metrology for nano-manufacturing.

One of the key achievements of the nanotechnology era is the development of manufacturing technologies that can fabricate nanostructures formed from multiple materials. Such nanometer-scale integration of composite materials has enabled innovations in electronic devices, solar cells, and medical diagnostics.

While there have been significant breakthroughs in nano-manufacturing, there has been much less progress on measurement technologies that can provide information about nanostructures made from multiple integrated materials. Researchers at the University of Illinois Urbana-Champaign and Anasys Instruments Inc. now report new diagnostic tools that can support cutting-edge nano-manufacturing.

"We have used atomic force microscope based infrared spectroscopy (AFM-IR) to characterize polymer nanostructures and systems of integrated polymer nanostructures," said William King, the College of Engineering Bliss Professor in the Department of Mechanical Science and Engineering at Illinois. "In this research, we have been able to chemically analyze polymer lines as small as 100 nm. We can also clearly distinguish different nanopatterned polymers using their infrared absorption spectra as obtained by the AFM-IR technique."

In AFM-IR, a rapidly pulsed infrared (IR) laser is directed on upon a thin sample which absorbs the IR light and undergoes rapid thermomechanical expansion. An AFM tip in contact with the polymer nanostructure resonates in response to the expansion, and this resonance is measured by the AFM.

"While nanotechnologists have long been interested in the manufacturing of integrated nanostructures, they have been limited by the lack of tools that can identify material composition at the nanometer scale." said Craig Prater, co-author on the study and Chief Technology Officer of Anasys Instruments Inc. "The AFM-IR technique offers the unique capability to simultaneously map the nanoscale morphology and perform chemical analysis at the nanoscale."

The authors are Jonathan Felts and William King of University of Illinois Urbana-Champaign and Kevin Kjoller, Michael Lo, and Craig Prater of Anasys Instruments Inc.

The research was sponsored by the Defense Advanced Research Projects Agency, the Air Force Office of Scientific Research, and the Department of Energy.

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Story Source:

The above story is reprinted from materials provided by University of Illinois College of Engineering.

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


Journal Reference:

  1. Jonathan R. Felts, Kevin Kjoller, Michael Lo, Craig B. Prater, William P. King. Nanometer-Scale Infrared Spectroscopy of Heterogeneous Polymer Nanostructures Fabricated by Tip-Based Nanofabrication. ACS Nano, 2012; 6 (9): 8015 DOI: 10.1021/nn302620f

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

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_technology/~3/uFBgkuOr3KY/121010141444.htm

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Wednesday, October 10, 2012

Reader Pets: Coco the cat - AMERICAblog

Hi AmericaBlog,

Let me introduce you to Coco, Although I do call him Cocobell, I dont know why except I like the way it sounds I guess.

He lives with his cousin Sasha (Sashabell) a tortoiseshell in our Phila home.?They are both 3 years old, Born on July 14th , 2009.?He is a very smart Siamese cat who responds when I talk to him. He will make himself at home on anyone?s lap, whoever sits down. If he can?t sit on your lap, he?ll sit on your feet.

In this photo Coco was asleep with his tongue hanging out,?He does this quite often.

Ever since I found him in the basement where his mom somehow got in he has been the most affectionate kitty I?ve ever had . I?ve had many.?Even when he was just a handful he never ever tried to scratch you with his claws. Never.

Jackie

John Aravosis
John Aravosis, the editor of AMERICAblog, has a joint JD/MSFS from Georgetown, and has worked in the US Senate, World Bank, Children's Defense Fund, and as a stringer for the Economist. A frequent TV pundit, he has appeared on The O'Reilly Factor, Hardball, World News Tonight, Nightline, and Reliable Sources. Full bio here, and follow him on Twitter @aravosis and Facebook.

Source: http://pets.americablog.com/2012/10/pet-post-coco-the-cat.html

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Tuesday, October 9, 2012

American Airlines CEO acknowledges rough few weeks

American Airlines CEO Tom Horton talks to a reporter in New York, Monday, Oct. 8, 2012. In September, American Airlines saw a 7.1 percent drop in domestic passengers and its on-time performance fell to 59 percent, below other big airlines. The drop is attributed to pilots who are writing up extra maintenance requests as part of an unsanctioned job action. If that wasn't bad enough, seats on three separate flights came loose. (AP Photo/Seth Wenig)

American Airlines CEO Tom Horton talks to a reporter in New York, Monday, Oct. 8, 2012. In September, American Airlines saw a 7.1 percent drop in domestic passengers and its on-time performance fell to 59 percent, below other big airlines. The drop is attributed to pilots who are writing up extra maintenance requests as part of an unsanctioned job action. If that wasn't bad enough, seats on three separate flights came loose. (AP Photo/Seth Wenig)

American Airlines pilot Sam Mayer pickets in front of a hotel where American Airlines CEO Tom Horton held a meeting with reporters, in New York, Monday, Oct. 8, 2012. In September, American Airlines saw a 7.1 percent drop in domestic passengers and its on-time performance fell to 59 percent, below other big airlines. The drop is attributed to pilots who are writing up extra maintenance requests as part of an unsanctioned job action. If that wasn't bad enough, seats on three separate flights came loose. (AP Photo/Seth Wenig)

(AP) ? American Airlines' CEO acknowledged on Monday that passengers have had a rough few weeks on the airline but says the carrier is working through its issues.

"The operational performance is improving," CEO Tom Horton said in an interview with The Associated Press. "We'll get past this just like other airlines before us have."

The airline, which has been in bankruptcy protection since November, saw its on-time performance drop to 59 percent in September, according to Flightstats.com. It that same period Delta, Southwest and U.S. Airways were all above 85 percent. The drop is attributed to pilots writing up extra maintenance requests as part of an unsanctioned job action.

The airline has cut flights, and added reserve crews and extra planes to cover any last-minute delays.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-10-08-American%20Airlines/id-114fc01889664329bd1fb5f2bce8784a

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Saturday, October 6, 2012

How Astronomers Measured the Edge of a Black Hole

For the first time, astronomers peered to the edge of a massive black hole at the heart of a distant galaxy and measured its "point of no return." Shep Doeleman, assistant director at MIT's Haystack Observatory, shares some of the black hole's deepest (and darkest) secrets.

Source: http://www.npr.org/2012/10/05/162372197/how-astronomers-measured-the-edge-of-a-black-hole?ft=1&f=1007

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Friday, October 5, 2012

Nokia Lumia 920 to be a Rogers exclusive in Canada, we wonder if red is an option

Nokia Lumia 920 to be Rogers exclusive in Canada, we wonder if red is an option

Where goeth AT&T, so often goeth its one-time partner Rogers. That's certainly true for the Nokia Lumia 920: Rogers has confirmed that it will have an exclusive on the Windows Phone 8 flagship in Canada, much as AT&T has a lock on the device in the US. While there's no pricing or color options yet, the Canuck model will share the November shipping window and LTE support, and it's easy to imagine Rogers gravitating towards its signature (and coincidentally patriotic) red. Other Canadian carriers haven't chipped in about the Lumia 820; if history is any indicator, though, we'd anticipate the less expensive portion of Nokia's lineup going Telus' way.

Continue reading Nokia Lumia 920 to be a Rogers exclusive in Canada, we wonder if red is an option

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Biopsy: Williams' 2nd kidney tumor benign

CHAPEL HILL, N.C. (AP) ? North Carolina says Roy Williams' second kidney tumor isn't cancerous.

The school announced test results Thursday night, a day after the Hall of Fame men's basketball coach had a biopsy of the tumor discovered on his left kidney. The school says the tumor is an oncocytoma, which is a benign growth often indistinguishable from kidney cancer on X-rays that doesn't spread like a cancerous tumor would.

Doctors removed the same kind of growth from Williams' right kidney during a 3?-hour procedure on Sept. 19 and said last week that there was a "good chance" the second tumor was also benign.

In a statement, Dr. Eric Wallen, one of Williams' surgeons, said the 62-year-old coach won't need surgery on the left kidney. Wallen said Williams could return to his normal schedule and should be ready for the start of preseason practice next week.

"The result of the biopsy of the tumor on the left side is great news for Coach Williams and his family," Wallen said. "He is recovering very well and we will continue to follow his progress."

In a statement, Williams thanked his family, players, assistant coaches and friends for their support, as well as the medical staff for his treatment.

"Saying I'm overwhelmed truly doesn't give justice to how much I appreciate all their thoughts and good wishes," Williams said. "The support has been off the charts."

Williams has had minor health issues in recent years, including occasional bouts with vertigo and back problems. He had shoulder surgery three years ago to repair a torn labrum, which left him to coach several weeks with his left arm in a sling.

Source: http://news.yahoo.com/biopsy-williams-2nd-kidney-tumor-benign-013554379--spt.html

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Thursday, October 4, 2012

Iran claims to have been hit by 'heavy' cyber attack, pins slowdowns on coordinated hacking campaign

Iran claims to have been hit by 'heavy' cyber attack, pins slowdowns on coordinated hacking campaign

Whatever you think of Iran's politics, it's hard to deny that the country has frequently been the target of internet-based attacks that sometimes go beyond the originator's plans. If you believe High Council of Cyberspace secretary Mehdi Akhavan Behabadi, the pressure is only getting worse. He tells Iranian media that the nation is under "constant" digital bombardment and was just hit with a major assault on Tuesday that bogged down local internet access. Behabadi unsurprisingly contends that the attacks are deliberate efforts to undermine Iran's data, nuclear and oil infrastructures, with a finger implicitly pointed westward. While it's no secret that the country's enemies want to slow down what they see as a rush towards nuclear weapons, it's difficult to know how much of the accusation is serious versus bluster: we've seen individual smartphone users who consume more than the "several gigabytes" of traffic that reportedly caused national chaos in the most recent incident. No matter the exact nature, it's likely that residents stand to lose as Iran fences off the internet to keep outside influences, hostile and otherwise, from getting in.

[Image credit: Amir1140, Wikipedia]

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Iran claims to have been hit by 'heavy' cyber attack, pins slowdowns on coordinated hacking campaign originally appeared on Engadget on Thu, 04 Oct 2012 01:41:00 EDT. Please see our terms for use of feeds.

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Wednesday, October 3, 2012

Mount Diablo Unified Community Advisory Committee on Special ...

Mount Diablo Unified Community Advisory Committee on Special Education: Sample Accommodations for Anxious Kids

Sample Accommodations for Anxious Kids


More this article from WorryWiseKid.org

Source: http://mtdiablosped.blogspot.com/2012/10/sample-accommodations-for-anxious-kids.html

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Tuesday, October 2, 2012

Web Content Management (CMS) for Online Marketing ...

sitecore.net Marketer and Executives can deliver exceptional, results-driven web experiences with Sitecore website content management system. Deliver the most useful content and features to your visitors just in time, and right on target. Use your visitors online-feedback and click paths to test, measure, and update your website and drive marketing results. With Sitecore, you have the power and simplicity to deliver stunning web experiences and achieve remarkable business results on your websites, microsites and landing pages, all connected to your other online systems. Update your online content quickly, even across a broad range of contributors and editors, while maintaining complete control of your online brand. Sitecore lets you edit your content right on the page. And you dont have to know HTML or even be technically savvy ? the browser based interface is so intuitive it has been heralded as the next generation in usability. You can easily add and update text, images, and even pre-built/interactive features like polls or multimedia content like Flash and Silverlight. Your designers will be able to quickly create and update page layouts themselves, without needing to code or wait for busy developers, freeing their time and creativity. And if you have a global presence, Sitecore effortlessly supports multiple languages and localization updates so you can deliver compelling and consistent web experiences to your visitors worldwide, in their language and tailored to ?
Video Rating: 3 / 5

Aiming to greatly ease the barriers that the aging or people with disabilities experience in participating in Internet activities, the OpenAjax Alliance (OAA) announced it has created new open source tooling technology to help software developers make it dramatically easier for them to access and use Web 2.0-enabled business, government and consumer web sites. The new tooling technology simplifies the way Web applications are tested for compliance with current accessibility standards and guidelines, helping to speed up delivery of new accessible Internet applications.

Source: http://radiodownsound.com/2012/10/01/web-content-management-cms-for-online-marketing/

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Monday, October 1, 2012

Cancer trials show one year on Roche's Herceptin is best

LONDON (Reuters) - Extending treatment with Roche's breast cancer drug Herceptin to two years from the one year current standard is not worth while, trial data showed on Monday, but shortening treatment to six months also looks unlikely to benefit patients.

The results of two keenly-watched studies on Herceptin, known generically as trastuzumab, banish a downside risk for Roche, but also limit its ability to squeeze more value out of the lucrative drug before it loses its patent from 2014.

Analysts had said the Swiss firm, the world's biggest maker of cancer drugs, could lose up to $1.5 billion in revenue from the blockbuster medicine in the medium term if six months treatment had been shown to be just as effective.

Herceptin, which was first approved in 1998 and had 2011 sales of 5.25 billion Swiss francs ($5.5 billion), is a treatment for around a quarter of breast cancer patients who have tumors that generate a protein called HER2, which tends to make their disease more aggressive.

Roche conducted a study called HERA investigating the benefit of using Herceptin for two years rather than one, while an opposing French study called PHARE looked whether patients get the same benefit from just six months.

Data from both trials were presented at the European Society of Medical Oncology (ESMO) conference in Vienna on Monday.

"The key message for 2012 is that one year of treatment with trastuzumab remains the standard of care for HER2 positive early breast cancer patients," said Richard Gelber, a professor at Harvard Medical School and Dana-Farber Cancer Institute in Boston in the United States, who led the HERA trial.

Shares in Roche were trading up 1.3 percent at 178.1 francs by 3.15 a.m. EDT.

NO BLACK AND WHITE ANSWER

Presenting the PHARE study, Xavier Pivot of the University de Franche Comte in France, said the results were "inconclusive" but showed a "trend in favor of 12 months treatment" rather than six months.

He said his team was carrying out deeper analysis of the data and would present more results in December, but added:

"The results probably won't give a black and white answer and the researchers will probably need to look at subsets of patients to see who benefits from six months of treatment and who should get a full year."

As well as comparing 24 months with 12 months of treatment, Gelber's trial also compared the benefit for patients not taking Herceptin to those taking it for a year.

These confirmed, he said, that the drug "is a very effective treatment, reducing the risk of disease recurrence and death by one quarter compared to not using trastuzumab."

Roche's head of global product development Hal Barron said the HERA results answered an important question "and support current medical practice".

Martine Piccart, who chairs the Breast International Group which carried out the HERA trial, added in a statement:

"It's essential that our clinical trials help us understand just how long patients need to receive a particular treatment.

"These results give us both the evidence and the reassurance that it's not necessary to give patients with early-stage HER2 positive breast cancer Herceptin for more than one year."

The Swiss drugmaker is also due to present new data on Monday on its experimental "armed antibody" drug known as TDM-1 as a treatment for HER-2 positive breast cancer.

TDM-1 combines Herceptin with a derivative of a powerful type of chemotherapy and is designed to reduce the unpleasant side effects of cancer treatments.

(Editing by James Jukwey)

Source: http://news.yahoo.com/cancer-trials-show-one-roches-herceptin-best-070410626--finance.html

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