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At Least 6 People Abducted in Mexican Hotel Raids - NYTimes.com - 0 views

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    ""It could be an organized crime group who was looking for an opposing group," said Alejandro Garza, the top prosecutor in the state of Nuevo León. Investigators said the gunmen entered the Holiday Inn with a man who was handcuffed and who told them to go to the fifth floor of the 17-story hotel. Once there, they barged into many rooms. They took one guest's laptop computer. Other guests reported that the gunmen looked inside and left. In Room 501, the gunmen took Luis Miguel González, a businessman from Mexico City. In Room 502, they abducted Ángel Ernesto Montes de Oca Sánchez, also from Mexico City. Down the hall, they removed Manuel Juárez, also from Mexico City, from Room 511. Nearby, in Room 512, Araceli Hernández, from Reynosa, who registered as a businesswoman, was also taken. David Salas, the hotel's receptionist, was also taken, along with computer equipment that contained the hotel's guest registry and security tapes, the authorities said. Later, armed men also took the receptionist from a hotel across the street. Initial reports that an American was among the abductees were inaccurate, American officials said. The affiliation of the gunmen was unknown, although some officials and experts on Mexico's drug gangs suggested that initial evidence pointed to the Zetas, a paramilitary group that engages in drug trafficking and other illegal activities and has been linked to violence in Monterrey. Before storming the hotels, the attackers stole trucks and other vehicles and used them to block access to the area, the authorities said. "It's absolutely unprecedented," said George W. Grayson, a professor at the College of William & Mary in Williamsburg, Va., and the author of "Mexico: Narco-Violence and a Failed State?" "You now have gunmen blocking off streets so that even if you had competent police, and you don't in Monterrey, they can't get to the place of operation," he said. Every day, Mexico's drug traffickers see
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Job Market Stabilizes for Business Students - NYTimes.com - 0 views

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    This year, as he sought a full-time job, Wells Fargo quickly gave him the response he wanted: When can you start? "The banks this year kept saying, 'It's a good year,' 'We just approved a lot of hiring,' 'The market is clearing up,' " Mr. Yankson said. "It was a completely different experience."
hsumaker Dooglia

Visiting Tuscany Without the Crowds - NYTimes.com - 0 views

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    The real Tuscany, as locals have been telling me over the years, is found in the dead of winter, when the crowds are thinner and the rooms, flights and restaurants are pleasantly cheaper.
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Brown's election may ending up being a positive for health-care reform - 0 views

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    emember how Republican Scott P. Brown's victory in January's Senate race in Massachusetts was supposed to represent a mortal blow to health-care reform? "Probably back to the drawing board," Sen. Russell Feingold (D-Wis.) declared the next day. "Might be dead," Rep. Anthony Weiner (D-N.Y.) surmised. "We're back to where we were maybe even years ago," concluded Rep. Barney Frank (D-Mass.). But rather than dooming the effort, Brown's win appears to have helped Democrats refocus the legislation and their strategy for selling it. Once on track to produce a bill that Republicans were prepared to depict as partisan and laden with special-interest perks, Democrats now expect to unveil legislation that costs less and more aggressively tackles health-care inflation -- a package they say could leave them less vulnerable in November. It drops the "Cornhusker Kickback" that so infuriated voters, and includes a few Republican ideas tacked on by President Obama. "There's no government takeover of health care; there's an expansion of the private market, subsidies, more choice -- I mean, it's so much of what many of us had hoped for from the very beginning," said Sen. Mary Landrieu (D-La.), a moderate and reluctant supporter of the original Senate bill. The House and Senate will launch the final legislative phase this week, with the aim of holding votes before the end of the month. The action will come in two phases. First the House will vote on the bill the Senate approved on Christmas Eve. Then each chamber is expected to consider a package of "fixes" offered under a budget rule known as reconciliation that will protect it from a GOP filibuster in the Senate. Democrats could still fail to pass the overhaul for any number of reasons, and Republicans are vowing an epic showdown on the Senate floor to derail the reconciliation package. Sen. Judd Gregg (N.H.), the senior Republican on the Senate Budget Committee, which holds jurisdiction over reconciliation bills, has called the
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California adds 32,500 jobs in January, but 2009 losses revised sharply upward - Sacram... - 0 views

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    Sohn said the Central Valley and Inland Empire, which have suffered some of the worst foreclosure rates in the nation, are dragging down the rest of the state. Coastal California is rebounding well, he said, and the comeback in Asia's economy is helping California's major ports.
hsumaker Dooglia

A Return to Normalcy? - 0 views

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    http://www.nytimes.com/imagepages/2010/03/05/business/20100306_CHARTS_GRAPHIC.html?ref=economy March 5, 2010 After Jerky Swings, the Economy Begins to Look Nice and Boring By FLOYD NORRIS A DEEP recession and the credit crisis led to extraordinary falls in the American economy and perhaps even greater disruptions in financial markets. Now, both economic and market indicators have returned to what Warren G. Harding called "normalcy" when he was elected president in 1920, after the end of World War I and a subsequent recession. A lot of worry about the economy remains, and some economists are forecasting a double-dip recession, as occurred in the early 1980s, or a very slow recovery, as happened after the 1990-91 and 2001 recessions. But as the accompanying charts show, three disparate indicators - covering unemployment, corporate financial distress and stock market volatility - have gone from very high to a little below historical averages. Abby Joseph Cohen, the Goldman Sachs strategist, told a conference sponsored by George Washington University this week that lessened market volatility was one of the reassuring signs she saw. She was referring to the VIX index, which uses index options prices to show how much volatility traders expect. Another way to measure volatility is to look at the range of share prices. The chart here shows the differences between the highs and lows of the Standard & Poor's 500-stock index during three-month periods. There have been some sharp movements on a few days, but the high from December through February was just 10 percent higher than the low, the smallest range since the summer of 2007. Similarly, Challenger, Gray & Christmas, an outplacement firm, said that only 42,900 firings were announced in February, the lowest for any month since 2006. The chart shows three-month totals, which are down almost three-quarters from the highest levels last year. The data "offers more support to the notion that U.S. employers ha
hsumaker Dooglia

Cockfighting linked to Helendale murder | helendale, cockfighting, linked - Local News ... - 0 views

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    HELENDALE * Investigators believe the murder of an elderly Helendale man last December is linked to cockfighting and gambling, San Bernardino County Sheriff's Department officials said. While Homicide detectives would not say Jesus Rocha, 68, was holding illegal cockfights on his 10-acre property, authorities do believe he is involved in the criminal sport in some way. "It's gambling and sometimes people lose large amounts of money and that creates problems between individuals and groups of people," Cindy Beavers, spokeswoman for the Sheriff's Department, said. "In this case someone lost their life."
hsumaker Dooglia

Screen Gems vampire flick filmed in Lucerne Valley | valley, lucerne, filmed - Local Ne... - 0 views

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    filming "Priest," what Dresser calls a post-Apocalyptic vampire Western.
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    filming "Priest," what Dresser calls a post-Apocalyptic vampire Western.
hsumaker Dooglia

Inland Empire economy remains volatile | san, bernardino, volatile - Local News - Victo... - 0 views

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    The report indicated economic outlooks do not look good and Bockman and Sirotnik agreed based on the reactions of purchasing managers.
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    The report indicated economic outlooks do not look good and Bockman and Sirotnik agreed based on the reactions of purchasing managers.
hsumaker Dooglia

Joblessness Inches Up to 9.8% in September - NYTimes.com - 0 views

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    As some companies begin to rebuild stocks, the impact could wash through the economy for a few more months, adding jobs and moderating the overall decline. Then the underlying weakness of the economy will probably reassert itself, say experts. After years of borrowing against homes and cashing in stock to spend in excess of their incomes, many Americans are tapped out. Austerity and saving have replaced spending and investment in many households, constraining the economy. As many Americans transition from living on home equity loans to sustaining themselves on paychecks, weekly pay continues to effectively shrink: Over the last year, average hourly earnings for rank-and-file workers - some 80 percent of the labor force - have increased by 2.5 percent. But average weekly earnings have expanded by only 0.7 percent, less than the increase in the cost of living, because employers have slashed working hours. In September, the average workweek edged down by one-tenth of an hour, to 33 hours. For those out of work, the job market looks harsher now than at any point in the recession. The number of people who have been jobless for more than six months increased in September by 450,000, reaching 5.4 million. "We have a truly massive crisis of long-term unemployment," said Christine L. Owens, executive director of the National Employment Law Project in a statement, adding that nearly 400,000 jobless people had exhausted their unemployment benefits by the end of September. "Today's employment report is a marching order for Congress to pass unemployment benefit extensions to all states, quickly." The first signs of improvement are likely to be seen among temporary workers, say experts, as companies now hunkering down in the face of uncertain prospects take tentative steps to expand. But temporary help services lost 1,700 jobs in September. "Companies are extremely cautious," said Roy G. Krause, chief executive of Spherion, a recruiting and staffing comp
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    As some companies begin to rebuild stocks, the impact could wash through the economy for a few more months, adding jobs and moderating the overall decline. Then the underlying weakness of the economy will probably reassert itself, say experts. After years of borrowing against homes and cashing in stock to spend in excess of their incomes, many Americans are tapped out. Austerity and saving have replaced spending and investment in many households, constraining the economy. As many Americans transition from living on home equity loans to sustaining themselves on paychecks, weekly pay continues to effectively shrink: Over the last year, average hourly earnings for rank-and-file workers - some 80 percent of the labor force - have increased by 2.5 percent. But average weekly earnings have expanded by only 0.7 percent, less than the increase in the cost of living, because employers have slashed working hours. In September, the average workweek edged down by one-tenth of an hour, to 33 hours. For those out of work, the job market looks harsher now than at any point in the recession. The number of people who have been jobless for more than six months increased in September by 450,000, reaching 5.4 million. "We have a truly massive crisis of long-term unemployment," said Christine L. Owens, executive director of the National Employment Law Project in a statement, adding that nearly 400,000 jobless people had exhausted their unemployment benefits by the end of September. "Today's employment report is a marching order for Congress to pass unemployment benefit extensions to all states, quickly." The first signs of improvement are likely to be seen among temporary workers, say experts, as companies now hunkering down in the face of uncertain prospects take tentative steps to expand. But temporary help services lost 1,700 jobs in September. "Companies are extremely cautious," said Roy G. Krause, chief executive of Spherion, a recruiting and staffing comp
hsumaker Dooglia

CBS Employee Charged in Letterman Case Pleads Not Guilty - NYTimes.com - 0 views

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    Robert Joel Halderman, known as Joe, who until last month shared a residence in Connecticut with Ms. Birkitt, is a longtime and well-respected producer for the CBS News program "48 Hours Mystery." Mr. Halderman, 51, pleaded not guilty to one count of attempted larceny, after he reportedly threatened to expose Mr. Letterman. According to prosecutors, Mr. Halderman gave Mr. Letterman, 62, a one-page screenplay treatment depicting the talk-show host as a great success whose "world is about to collapse around him" with revelations of his trysts. Mr. Halderman also handed over photographs, correspondence and a page of the personal diary of Ms. Birkitt.
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    Robert Joel Halderman, known as Joe, who until last month shared a residence in Connecticut with Ms. Birkitt, is a longtime and well-respected producer for the CBS News program "48 Hours Mystery." Mr. Halderman, 51, pleaded not guilty to one count of attempted larceny, after he reportedly threatened to expose Mr. Letterman. According to prosecutors, Mr. Halderman gave Mr. Letterman, 62, a one-page screenplay treatment depicting the talk-show host as a great success whose "world is about to collapse around him" with revelations of his trysts. Mr. Halderman also handed over photographs, correspondence and a page of the personal diary of Ms. Birkitt.
hsumaker Dooglia

Summer Associates Report Fear, Anxiety and Lots of Food | ABA Journal - Law News Now - 0 views

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    # Posted by tng - 2 days, 1 hour, 26 minutes ago Yawn, another lame ABA article. Those 4800 law students should count themselves lucky that they had a summer associate position and the potential for a job offer (not to forget the 2k a week in compensation)... because there were another approximately 30,000 law students who did not win the "summer associate lottery" and work for a firm and get paid. Those some odd 30,000 other law students had to scrambled, beg, and plea for whatever unpaid internship they could find and take on another…say 20k in debt so they could live this past summer. Practically all of those 30,000 law students never had a the hopeful chance that they would get some offer of employment for a job that actually will enable them to pay off those student loans and no live in debt slavery. No, those other 30,000 law students now get to start their 3rd year heavily in debt with practically zero job prospects when they graduate. Time for law students to look for non-legal jobs…they better cruise those undergraduate job fairs. Flag this comment # Posted by JN - 1 day, 18 hours, 10 minutes ago Once again, I hope the clients of these biglaw firms realize what their legal bills are paying for. Is it ridiculous to encourage people making 2000 per week to be able to afford their own lunch? C'mon. The fact that this business model didn't die long ago amazes me. Flag this comment # Posted by annie - 4 hours, 9 minutes ago I would take my summer associate job where I worked with seven seasoned attorneys for the summer with little perks - didn't expect them - and lots of work over these cushy summer internships. I learned a lot that summer and the next fall, they continued to send me work at law school at a pretty decent hourly wage. Anyway, my apparent lack of entitlement made it possible for me to find my own clients and open a little office when I was laid off my first law job. I now work for a small firm. And I enjoyed a nice pean
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    # Posted by tng - 2 days, 1 hour, 26 minutes ago Yawn, another lame ABA article. Those 4800 law students should count themselves lucky that they had a summer associate position and the potential for a job offer (not to forget the 2k a week in compensation)... because there were another approximately 30,000 law students who did not win the "summer associate lottery" and work for a firm and get paid. Those some odd 30,000 other law students had to scrambled, beg, and plea for whatever unpaid internship they could find and take on another…say 20k in debt so they could live this past summer. Practically all of those 30,000 law students never had a the hopeful chance that they would get some offer of employment for a job that actually will enable them to pay off those student loans and no live in debt slavery. No, those other 30,000 law students now get to start their 3rd year heavily in debt with practically zero job prospects when they graduate. Time for law students to look for non-legal jobs…they better cruise those undergraduate job fairs. Flag this comment # Posted by JN - 1 day, 18 hours, 10 minutes ago Once again, I hope the clients of these biglaw firms realize what their legal bills are paying for. Is it ridiculous to encourage people making 2000 per week to be able to afford their own lunch? C'mon. The fact that this business model didn't die long ago amazes me. Flag this comment # Posted by annie - 4 hours, 9 minutes ago I would take my summer associate job where I worked with seven seasoned attorneys for the summer with little perks - didn't expect them - and lots of work over these cushy summer internships. I learned a lot that summer and the next fall, they continued to send me work at law school at a pretty decent hourly wage. Anyway, my apparent lack of entitlement made it possible for me to find my own clients and open a little office when I was laid off my first law job. I now work for a small firm. And I enjoyed a nice pean
hsumaker Dooglia

Suits for Unpaid Legal Fees in Top 10 for Stupidity, Lawyer Says | ABA Journal - Law Ne... - 0 views

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    Suits for Unpaid Legal Fees in Top 10 for Stupidity, Lawyer Says Posted Sep 30, 2009, 07:06 am CDT By Debra Cassens Weiss A lawyer who represents a company sued for unpaid legal fees says such claims aren't a good idea. Lawyer Warren Trazenfeld represents Whitney Information Network, sued by the Florida law firm Rothstein Rosenfeldt Adler, allegedly for failing to pay more than $400,000 in legal bills, the Daily Business Review reports. Trazenfeld told the publication he is planning to file a malpractice counterclaim. Suing a client is "one of the top 10 stupidest things a lawyer can do," he said. The story asserts the case is one of a growing number of instances in which law firms are suing clients for unpaid bills. "Most clients think the best defense is a good offense, and there's no better offense than a counterclaim for legal malpractice," Trazenfeld told the Daily Business Review. Another law firm that recently filed suit for unpaid fees is Ruden McClosky, the story says. Last week the firm filed suit claiming nearly $40,000 in unpaid legal bills by the father of retired pro quarterback Bernie Kosar. Ruden managing director Carl Schuster acknowledged that some malpractice claims have merit, but said clients often file them as a settlement tool in fee cases. "They obviously haven't paid the bill so that's not a defense, so they have to think up a defense," he told the Daily Business Review.
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    [Uh, also in the top 10 would be allowing a client to run up a $400,000 tab in these troubled times.] Suits for Unpaid Legal Fees in Top 10 for Stupidity, Lawyer Says Posted Sep 30, 2009, 07:06 am CDT By Debra Cassens Weiss A lawyer who represents a company sued for unpaid legal fees says such claims aren't a good idea. Lawyer Warren Trazenfeld represents Whitney Information Network, sued by the Florida law firm Rothstein Rosenfeldt Adler, allegedly for failing to pay more than $400,000 in legal bills, the Daily Business Review reports. Trazenfeld told the publication he is planning to file a malpractice counterclaim. Suing a client is "one of the top 10 stupidest things a lawyer can do," he said. The story asserts the case is one of a growing number of instances in which law firms are suing clients for unpaid bills. "Most clients think the best defense is a good offense, and there's no better offense than a counterclaim for legal malpractice," Trazenfeld told the Daily Business Review. Another law firm that recently filed suit for unpaid fees is Ruden McClosky, the story says. Last week the firm filed suit claiming nearly $40,000 in unpaid legal bills by the father of retired pro quarterback Bernie Kosar. Ruden managing director Carl Schuster acknowledged that some malpractice claims have merit, but said clients often file them as a settlement tool in fee cases. "They obviously haven't paid the bill so that's not a defense, so they have to think up a defense," he told the Daily Business Review.
hsumaker Dooglia

Can you collect unemployment benefits while starting a business? - Explain Business - 0 views

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    IN MICHIGAN -If your earnings from work are equal to or less than your weekly umemployment entitlement, your benefits are reduced by 50 cents on every dollar earned -If your earnings surpass your weekly unemployment benefit but are less than 1.5x times your benefit amount, then your total earnings are subtracted from 1.5x times your weekly benefit amount -Your weekly benefit combined with your weekly earnings cannot exceed 1.5x your unemployment benefit amount. This would suggest that in Michigan you could possibly work part-time starting your own business while claiming unemployment insurance as long as you don't make wages from your business in excess of the above and are willing and able to take the new job that you are actively looking for.
hsumaker Dooglia

Abroad - Caravaggio in Ascendance - An Antihero's Time to Shine - NYTimes.com - 0 views

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    Caravaggio, who somehow found time to paint when he wasn't brawling, scandalizing pooh-bahs, chasing women (and men), murdering a tennis opponent with a dagger to the groin, fleeing police assassins or getting his face mutilated by one of his many enemies, has bumped him from his perch.
hsumaker Dooglia

Cyberattack on Google Said to Hit Password System - NYTimes.com - 0 views

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    In Google's case, the intruders seemed to have precise intelligence about the names of the Gaia software developers, and they first tried to access their work computers and then used a set of sophisticated techniques to gain access to the repositories where the source code for the program was stored. They then transferred the stolen software to computers owned by Rackspace, a Texas company. Rackspace, which had no knowledge of the transaction, offers Web-hosting services. It is not known where the software was sent from there. The intruders had access to an internal Google corporate directory known as Moma, which holds information about the work activities of each Google employee, and they may have used it to find specific employees. A version of this article appeared in print on April 20, 2010, o
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Ciudad Juarez women still being tortured by killers | World | Chron.com - Houston Chro... - 0 views

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    Esmeralda's partially clothed body was found in the cotton field's irrigation ditch eight days later, along with those of the two other women. Her pants removed and blouse and bra pulled up to her neck, Esmeralda was lying face up in the ditch, hands tied behind her back. Part of Esmeralda's right breast had been hacked away, the nipple of the other sliced off. The body was badly decomposed. The Inter-American Court found that Esmeralda and the two other girls had disappeared separately and had been held in captivity before being murdered. All three likely were raped and tortured by their captors for an unknown number of days, the court said. "The treatment they experienced during the time they remained kidnapped before their death caused them, at the very least, severe mental suffering," the court stated in its ruling, adding that Mexican officials deprived Esmeralda and the others of "the rights to life, personal integrity and personal liberty." Encouraged not to view Esmeralda's body, Monreal identified her daughter by the clothes police said she was wearing, including her socks. But even as she buried her daughter, positive identification had not been conclusive - not until four years later - when an Argentine forensics crew confirmed the murdered girl's identity with DNA testing. More bodies, same field The body of Laura Berenice Ramos, 17, a third-year high school student, also was found that day; she hadn't been heard from since calling a friend to say she was heading to a Saturday night party. Her breast also was mutilated and skin had been torn from her body. The third woman was Claudia Ivette Gonzalez, 20, who on the day she vanished had been sent home from her factory job after arriving two minutes late. She, too, had been tortured, one of her arms severed. Soon after, searchers recovered the remains of five more women in another corner of the field. They had been dead much longer; the killing had been going on for some time. Within three days
hsumaker Dooglia

Investor Who Made Billions Not Targeted in Goldman Suit - NYTimes.com - 0 views

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    "After analyzing risky mortgages made on homes in Arizona, California, Florida and Nevada, where the housing markets had overheated, Mr. Paulson went to Goldman to talk about how he could bet against those loans. He focused his analysis on adjustable-rate loans taken out by borrowers with relatively low credit scores and turned up more than 100 loan pools that he considered vulnerable, the S.E.C. said. Mr. Paulson then asked Goldman to put together a portfolio of these pools, or others like them that he could wager against. He paid $15 million to Goldman for creating and marketing the Abacus deal, the complaint says. One of a small cohort of money managers who saw the mortgage market in late 2006 as a bubble waiting to burst, Mr. Paulson capitalized on the opacity of mortgage-related securities that Wall Street cobbled together and sold to its clients. These instruments contained thousands of mortgage loans that few investors bothered to analyze. Instead, the buyers relied on the opinions of credit ratings agencies like Moody's, Standard & Poor's and Fitch Ratings. These turned out to be overly rosy, and investors suffered hundreds of billions in losses when the loans underlying these securities went bad. Mr. Paulson personally made an estimated $3.7 billion in 2007 as a result of his hedge fund's performance, and another $2 billion in 2008. He was also treated like a celebrity by members of a Congressional committee that invited him to testify in November 2008 about the credit crisis. At the time, none of the lawmakers asked how he had managed to set up his lucrative trades; they seemed more interested in getting his advice on how to solve the credit crisis. "
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Immigrants in Work Force - Study Belies Image - NYTimes.com - 0 views

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    "Americans, whether they are rich or poor, are much more in favor of high-skilled immigrants," said Jens Hainmueller, a political scientist at M.I.T. and co-author of a survey of attitudes toward immigration with Michael J. Hiscox, professor of government at Harvard. The survey of 1,600 adults, which examined the reasons for anti-immigration sentiment in the United States, was published in February in American Political Science Review, a peer-reviewed journal. Americans are inclined to welcome upper-tier immigrants - like Ms. Kollman-Moore - believing they contribute to economic growth without burdening public services, the study found. More than 60 percent of Americans are opposed to allowing more low-skilled foreign laborers, regarding them as more likely to be a drag on the economy. Those kinds of views, in turn, have informed recent efforts by Congress to remake the immigration system. A measure unveiled last month by Senator Lindsey Graham, Republican of South Carolina, and Senator Charles E. Schumer, Democrat of New York, aims to reshape the legal system to give priority to high-skilled, high-earning immigrants, offering narrower channels for low-wage workers. (A bill in 2007 by the Bush administration tilted even more sharply toward upper-tier immigrants; it failed in Congress.) "
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Gunmen kill 13 people in southern Mexican town - El Paso Times - 0 views

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    The Gulf cartel has recently hung banners in Nuevo Laredo accusing Calderon's administration of protecting the less-openly bloody Sinaloa cartel, while cracking down on extremely violent rival drug gangs. While Sinaloa hit men have carried out massacres in the past, the Gulf and La Familia cartels frequently use the grizzliest methods imaginable to eliminate rivals and attack police and army patrols.
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