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Tuesday, June 4, 2013

Local banks to host small business loan information session

Published June 4, 2013

The Pennsylvania Community Development and Finance Corp. will hold an information session Thursday about the Small Business 504 loan program for real estate and business.

The session will start at 11:15 a.m. at the GoggleWorks Center for the Arts, 201 Washington St. Corporation Chairman Albert Boscov will host the session.

Local banks and credit unions will be available to provide information about the loan program. There will also be information about small-business financing for veterans.

The SBA 504 Loan Program, offered by the U.S. Small Business Administration, can be used to purchase real estate, fund expansion projects, finance equipment and make tenant improvements. The program also gives small businesses and startups access to loans with smaller down payments and lower monthly payments.

Posted in Browse by department, In Brief | Tagged Albert Boscov, goggleworks, Pennsylvania Community Development and Finance Corp. |

Source: http://businessweekly.readingeagle.com/local-banks-to-host-small-business-loan-information-session/?utm_source=rss&utm_medium=rss&utm_campaign=local-banks-to-host-small-business-loan-information-session

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Taiwan makers showcase computers at Computex

An Acer employee displays a new tablet-laptop hybrid Aspire R7 at an international press conference on the eve of the opening of Computex, one of the world's largest IT exhibitions, in Taipei, Taiwan, Monday, June 3, 2013. Aspire R7 features a hinge-attached pad that holds up the touchscreen and allows users to pull the screen closer or flip it over the keyboard, transforming it into a tablet. (AP Photo/Wally Santana)

Acer Inc.'s Associated Vice President of Mobile Computing David Lee, left, describes features of the new Aspire S7 Ultrabook to Acer President Jim Wong at an international press conference on the eve of the opening of Computex, one of the world's largest IT exhibitions, in Taipei, Taiwan, Monday, June 3, 2013. During the press conference, Acer unveiled a new generation of laptop-tablet hybrid known as the Ultrabook. (AP Photo/Wally Santana)

An Acer employee displays a new tablet Iconia W3 at an international press conference on the eve of the opening of Computex , one of the world's largest IT exhibitions, in Taipei, Taiwan, Monday, June 3, 2013. The 8-inch Windows-8 based Iconia W3 tablet combines both home and office functions. (AP Photo/Wally Santana)

From left, Acer Inc. President Jim Wong, Chairman and CEO J.T. Wang, center, and Chief Marketing Officer Michael Birkin stand with their new products at an international press conference on the eve of the opening of Computex, one of the world's largest IT exhibitions, in Taipei, Taiwan, Monday, June 3, 2013. During the press conference, Acer unveiled a new generation of laptop-tablet hybrids along with its new new tablet Iconia W3 and smartphone Liquid S1. (AP Photo/Wally Santana)

Acer Inc. Associated Vice President of Mobile Computing David Lee, left, describes features of the new smartphone Liquid S1 to President Jim Wong at an international press conference on the eve of the opening of Computex, one of the world's largest IT exhibitions, in Taipei, Taiwan, Monday, June 3, 2013. During the press conference, Acer unveiled a new generation of laptop-tablet hybrids along with the Liquid S1. (AP Photo/Wally Santana)

TAIPEI, Taiwan (AP) ? Taiwan's struggling PC makers are unveiling a new generation of ultra-thin laptops at the world's second-biggest computer show this week, even as they tap into the ever-expanding tablet market to help compensate for declining computer sales.

It won't be an easy transition for them, but the makers hope the traditional glitz of the five-day Computex exhibit opening Tuesday will give them a good start in hyper-competitive markets.

On Monday, Acer Inc. and AsusTek Computer Inc., Taiwan's two leading computer vendors, both unveiled a new generation of laptop-tablet hybrid known as the Ultrabook.

The new Ultrabook crop boasts faster and more energy efficient computing than the first generation, which was first launched in late 2011 but has so far failed to make much of a dent in tablet sales. Those have surged on the back of mobile and affordable Web-surfing and entertainment displays.

The new Ultrabook crop runs on Intel-manufactured Haswell processors, which deliver images sharper than the Ivy Bridge architecture currently in use.

Software is still provided by Microsoft. But the Washington state company hopes its 7-month-old Windows 8 operating system will become more popular as consumers get more familiar with its interface. At Computex, a total of 65 Windows 8-based tablet and PC devices will be exhibited, Microsoft said.

At an Acer pre-Computex presentation Monday, group president Jim Wang said the computer vendor has "reinvented" itself over the past two years, engaging in "progressive design" that aims to not only satisfy users' needs but also allow them to enjoy the devices.

Over the past several years Acer has suffered from declining or static sales.

Wang unveiled the sleek, 8-inch Windows-8 based Iconia W3 tablet that combines both home and office functions. He touted the device for "performing like a desktop" while allowing users to fold up the keyboard and carry the device in one hand.

Acer is fast diversifying its tablet product line. The company has had initial success with two Android-based tablets, which sell for as little as $149 if the screen is 7 inches and $169 for the 7.9-inch variant.

Enhanced models of Acer's flagship Aspire series of the tablet-laptop hybrid were also unveiled Monday. They include the widely praised Aspire R7, which features a hinge-attached pad that holds up the touchscreen and allows users to pull the screen closer or flip it over the keyboard, transforming it into a tablet.

The onslaught of Apple's iPad and a host of imitators have cut deeply into Acer's revenue, which has slipped from second to fourth place among PC vendors amid stalled sales.

The new models' success will be crucial to Acer and others in the industry.

In the first quarter of 2013, global tablet shipments surged 142 percent to 49 million units over the same period last year, according to International Data Corp. The market is dominated by Apple and vendors selling Google's Android devices. Latecomer Microsoft has less than a 4 percent share.

Meanwhile, global desktop and laptop shipments slipped 12.7 percent year-on-year to 78 million units in the first quarter 2013, according to research firm Gartner Inc.

Analyst Vincent Chen of Taipei's Yuanta Securities says that Acer's recent innovations may help reverse the company's decline, but that much more work remains to be done before it is out of the woods.

In attempting its current restructuring, Acer faces a formidable Asian rival in China's Lenovo Group, which ranks a close second behind Hewlett-Packard Co. as the world's biggest PC maker.

"Lenovo has had a more diversified product portfolio, making low-end and high-end PCs as well as smartphones, and has a deeper pocket to support its immense marketing needs," Chen said.

AsusTek Computer Inc., the world's fifth-largest and Taiwan's second-largest PC vendor, has fared much better than Acer, and analysts attribute its relative success to the company's persistent efforts in product innovation.

Asus' PC shipments fell nearly 9 percent to 5.1 million units in the first quarter, admittedly a sharp decline, but far less than the industry's overall 12.7 percent fall.

Among the products it is showcasing at Computex is a new generation Ultrabook that features a sleek, glossy glass case, as well as a new model of its widely praised Transformer tablet.

The Transformer series feature a detachable keyboard with a two-sided display panel that can be used for work on one side and film transmission or other entertainment on the other.

Asus' Android-based tablets include the popular Nexus 7, which it jointly brands with Google. In the first quarter of 2013, IDC said its total tablet shipments came in at 2.7 million in the first quarter, ranking third behind Apple's 19.5 million and Samsung's 8.8 million.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-06-03-Taiwan-Computex/id-8502e8bfb79f4c72bcfb7c49ed2e0b16

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Another Rox hurler hurt in shutout loss to Reds

By JOE KAY

AP Baseball Writer

Associated Press Sports

updated 10:28 p.m. ET June 3, 2013

CINCINNATI (AP) - Tyler Chatwood felt pain in his triceps on a pitch in the third inning. Every time he threw his fastball, he felt it again.

The Colorado Rockies have another pitching concern.

Chatwood left after pitching four innings on Monday night, and the Rockies lost to the Cincinnati Reds 3-0. Bronson Arroyo limited the NL's most prolific offense to four singles in eight innings, and Jay Bruce had a two-run homer among his three hits.

The Rockies' pitching staff had a setback for the second day in a row. Chatwood left with a sore triceps after Rockies closer Rafael Betancourt went on the 15-day disabled list over the weekend with a strained groin.

"We wanted to leave him out there, but he was feeling it, especially on his fastball," manager Walt Weiss said. "It's the first time he's ever felt anything there."

Chatwood (3-1) batted in the fifth, bunted and was thrown out. Rob Scahill had been throwing in the bullpen and replaced Chatwood, who threw 64 pitches and allowed four hits and one run.

Colorado took him out as a precaution to get treatment. It's unclear whether it will force him to miss a start.

"They seem to think it's not serious, just a little inflammation," Chatwood said. "I've had soreness, but I've never had this kind of soreness. It was a little different."

The right-hander was coming off one of his noteworthy starts. He fanned a career-high 10 in six innings against Houston.

"It's frustrating to come out of the game like that when you're feeling good and leave your bullpen hanging like that," he said. "It was a precautionary thing and hopefully everything will be all right."

The Reds have three shutouts in their last four games. They've blanked six of their last 21 opponents, tying them with St. Louis and Pittsburgh for the league lead with nine shutouts this season.

Arroyo (6-5) allowed only one runner to reach second base while throwing 86 pitches that sometimes seemed oh-so-slow.

"I didn't have amazing stuff," Arroyo said. "Things just worked out. It was one of those games. I was able to keep guys off second base. Had some quick innings, kept my pitch count down. Some days the ball bounces your way."

Aroldis Chapman took the radar gun to a different level in the ninth, hitting 100 mph while fanning three and walking one. The left-hander got his 15th save in 17 chances.

Bruce scored on Todd Frazier's single in the fourth inning and hit his ninth homer off left-hander Josh Outman in the eighth.

Arroyo came in with a 4-8 career record against the Rockies, but kept them off balance from the start. The Rockies lead the NL in runs, but couldn't do much with Arroyo's unorthodox approach.

"He's tough, Arroyo," Weiss said. "He's good at reading swings and going back and forth and changing sequences and speeds."

The Reds have gone only 3-3 in the past week because of a slumping offense. They used a couple of well-placed hits to get a run in the fourth.

Bruce went the opposite way to left field, beating Colorado's infield shift, for a single with two outs. He stole his first base of the season and came around when Frazier flicked a low-and-away pitch to left field, one hand leaving the bat as he made contact. Bruce scored as Carlos Gonzalez's throw to the plate hit him in the back.

Zack Cozart singled in the eighth ahead of Bruce's homer, extending his hitting streak to a season-high eight games.

NOTES: RHP Juan Nicasio (4-2) makes his first career start against the Reds on Tuesday. Homer Bailey (3-4) starts for the Reds. ... Plate umpire Kerwin Danley took a deflected pitch off his facemask in the bottom of the first inning and needed a couple of minutes to recover. He left the game after the second inning, with Lance Barksdale moving from first base to behind the plate. Danley said he had a headache and would likely miss Tuesday's game. ... Reds 2B Brandon Phillips missed his second game after being hit by a pitch from Pittsburgh's Tony Watson on Saturday. Baker said Phillips' forearm is still very sore. Cesar Izturis started at second.

---

Follow Joe Kay on Twitter: http://twitter.com/apjoekay

More news

Do umps need a longer fuse?

??HBT Daily: Craig Calcaterra suggests MLB umpires get a longer fuse when discussing a passionate Yadier Molina's ejection.

Source: http://nbcsports.msnbc.com/id/52090330/ns/sports-baseball/

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PFT: Jim Kelly has cancer in upper jaw

Getty Images

Apparently, there?s no such thing as bad publicity for Jay-Z?s latest venture.

With his new firm creating headlines (and controversy) via the addition of Giants receiver Victor Cruz and Jets quarterback Geno Smith, Jay-Z?s Roc Nation Sports could be sliding down I-95 and adding Eagles receiver DeSean Jackson.

According to Jeff McLane of the Philadelphia Inquirer, Jackson has terminated his relationship with agent Drew Rosenhaus and could sign with Jay-Z?s firm.

Mike Garafolo of USA Today takes it a step farther, turning ?could? into ?would like to.?

Jackson?s desire to launch a music career has attracted him to Jay-Z.? ?That culture for hip-hop was huge, and I had a passion for it at an early age,? Jackson told Yahoo! Sports last year.? ?I have a slim chance of making it in the music industry.? It?s a risk, [and there are] no guarantees.? But I?m a firm believer in having one life, and living that one life up.?

Per NFLPA rules, a five-day waiting period must expire before Jackson signs with a new agent.? In the interim, Rosenhaus could try to persuade Jackson to change his mind.

If the termination sticks, the biggest question becomes whether Jackson would hire Roc Nation Sports for marketing and football representation (like Smith did) or whether Jay-Z will handle off-field interests and Jackson will hire CAA to deal with his NFL contract (like Cruz did).? With the NFLPA currently investigating whether and to what extent Jay-Z helped persuade Smith to sign with Jay-Z?s in-house NFLPA-certified agent, Kim Miale, in violation of NFLPA rules, Jay-Z needs to tread lightly.

Or maybe he doesn?t.? Maybe Jackson already has been recruited via the media?s coverage of the Smith recruitment.? Maybe Jackson needs only to call Miale and say, ?I want to hire you to handle my football contract.?? If so, there will be no way to prove that Jay-Z recruited Jackson to sign with Miale.

If that?s what happen, the NFLPA will have no choice but to take a step back from its current rule and ask itself why that rule is in place, and whether and to what extent the rule should be changed to address situations like this.? Jay-Z isn?t a runner in the classic sense; he owns an agency.? CAA is owned by non-certified NFLPA agents, too.? So are other firms.

In the end, perhaps the NFLPA should broaden the lens and consider clarifying or revising its rules when the recruiter isn?t working for the certified agent, but the certified agent is working for the recruiter.

Source: http://profootballtalk.nbcsports.com/2013/06/03/jim-kelly-has-cancer-prognosis-for-recovery-is-good/related/

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Monday, June 3, 2013

Windows 8.1 to feature internet tethering, native Miracast wireless display support

Despite our novel-length preview of Windows 8.1's new features, Microsoft continues to trickle out details about the updated OS as we get closer to Build 2013 later this month. This is turning out to be a hefty improvement over the love-or-hate Win8 that launched last fall, and the company appears to have plenty more tricks up its sleeve before all is said and done. This morning, Microsoft announced that 8.1 will offer native support for Miracast wireless displays, as well as internet sharing capability, NFC tap-to-pair printing, WiFi Direct print, improved IT controls and other enhancements to the platform's security and management. All told, the new features are a little more behind-the-scenes than, say, the new Start button, but it's a clear indication that we'll likely have quite a few more surprises coming our way between now and the update's official release. The source link has the laundry list of various improvements, so head there if you're looking for more info.

Filed under: Desktops, Microsoft

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Via: The Verge

Source: Windows Team Blog

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/9_CZXqxjwPs/

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New explanation for slow earthquakes on San Andreas

June 3, 2013 ? New Zealand's geologic hazards agency reported this week an ongoing, "silent" earthquake that began in January is still going strong. Though it is releasing the energy equivalent of a 7.0 earthquake, New Zealanders can't feel it because its energy is being released over a long period of time, therefore slow, rather than a few short seconds.

These so-called "slow slip events" are common at subduction zone faults -- where an oceanic plate meets a continental plate and dives beneath it. They also occur on continents along strike-slip faults like California's San Andreas, where two plates move horizontally in opposite directions. Occurring close to the surface, in the upper 3-5 kilometers (km) of the fault, this slow, silent movement is referred to as "creep events."

In a study published this week in Nature Geoscience, scientists from Woods Hole Oceanographic Institution (WHOI), McGill University, and GNS Science New Zealand provide a new model for understanding the geological source of silent earthquakes, or "creep events" along California's San Andreas fault. The new study shows creep events originate closer to the surface, a much shallower source along the fault.

"The observation that faults creep in different ways at different places and times in the earthquake cycle has been around for 40 years without a mechanical model that can explain this variability," says WHOI geologist and co-author Jeff McGuire. "Creep is a basic feature of how faults work that we now understand better."

Fault creep occurs in shallow portions of the fault and is not considered a seismic event. There are two types of creep. In one form, creep occurs as a continuous stable sliding of unlocked portions of the fault, and can account for approximately 25 millimeters of motion along the fault per year. The other type is called a "creep event," sudden slow movement, lasting only a few hours, and accommodating approximately 3 centimeters of slip per event. Creep events are separated by long intervals of slow continuous creep.

"Normal earthquakes happen when the locked portions of the fault rupture under the strain of accumulated stress and the plates move or slip along the fault," says the study's lead author, WHOI postdoctoral scholar Matt Wei. "This kind of activity is only a portion of the total fault movement per year. However, a significant fraction of the total slip can be attributed to fault creep."

Scientists have mapped out the segments of the San Andreas fault that experience these different kinds of creep, and which segments are totally "locked," experiencing no movement at all until an earthquake rupture. They know the source of earthquakes is a layer of unstable rock at about 5- 15 km depth along the fault. But have only recently begun to understand the source of fault creep.

For nearly two decades, geologists have accepted and relied upon a mechanical model to explain the geologic source of fault creep. This model explains that continuous creep is generated in the upper-most "stable" sediment layer of the fault plane and episodic creep events originate in a "conditionally stable" layer of rock sandwiched between the sediment and the unstable layer of rock (the seismogenic zone, where earthquakes originate) below it.

But when Wei and his colleagues tried to use this mechanical model to reproduce the geodetic data after a 1987 earthquake in southern California's Superstition Hills fault, they found it is impossible to match the observations.

"Superstition Hills was a very large earthquake. Immediately following the quake, the US Geologic Survey installed creepmeters to measure the post-seismic deformation. The result is a unique data set that shows both afterslip and creep events," says Wei.

The researchers could only match the real world data set and on-the-ground observations by embedding an additional unstable layer within the top sediment layer of the model. "This layer may result from fine-scale lithological heterogeneities within the stable zone -- frictional behavior varies with lithology, generating the instability," the authors write. "Our model suggests that the displacement of and interval between creep events are dependent on the thickness, stress, and frictional properties of the shallow, unstable layer."

There are major strike-slip faults like the San Andreas around the world, but the extent of creep events along those faults is something of a mystery. "Part of the reason is that we don't have creepmeters along these faults, which are often in sparsely populated areas. It takes money and effort, so a lot of these faults are not covered [with instruments]. We can use remote sensing to know if they are creeping, but we don't know if it's from continuous creep or creep events," says Wei.

Simulating faults to better understand how stress, strain, and earthquakes work is inherently difficult because of the depth at which the important processes happen. Recovering drill cores and installing instruments at significant depths within Earth is very expensive and still relatively rare. "Rarely are the friction tests done on real cores," says Wei. "Most of the friction tests are done on synthetic cores. Scientists will grind rocks into powder to simulate the fault." Decades of these experiments have provided an empirical framework to understand how stress and slip evolve on faults, but geologists are still a long way from having numerical models tailored to the parameters that hold for particular faults in the Earth.

McGuire says the new research is an important step in ground-truthing those lab simulations. "This work has shown that the application of the friction laws derived from the lab can accurately describe some first order variations that we observe with geodesy between different faults in the real world," he says. "This is an important validation of the scaling up of the lab results to large crustal faults."

For the scientists, this knowledge is a new beginning for further research into understanding fault motion and the events that trigger them. Creep events are important because they are shallow and release stress, but are still an unknown factor in understanding earthquake behavior. "There's much we still don't know. For example, it's possible that the shallow layer source of creep events could magnify an earthquake as it propagates through these layers," says Wei.

Additionally, the findings can help understand the slow slip events happening along subduction zones, like the ongoing event in New Zealand. "By validating the friction models with shallow creep events that have very precise data, we can have more confidence in the mechanical implications of the deep subduction zone events," McGuire says.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_environment/~3/zFEpZJmZ6lk/130603142313.htm

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The Longform Guide to Cocaine

?Musician Gil Scott-Heron performs during day one of the Coachella Valley Music & Arts Festival in 2010. He died in 2011.

Photo by Anna Webber/Getty Images

Every weekend, Longform shares a collection of great stories from its archive with Slate. For daily picks of new and classic nonfiction, check out Longform or follow @longform on Twitter. Have an iPad? Download Longform?s app to read the latest picks, plus features from 70 of the world?s best magazines, including Slate.

It?s a helluva drug, etc.

Cocaine Incorporated
Patrick Radden Keefe ??The New York Times Magazine ? June 2012

How a Mexican drug cartel makes its billions.

?But Chapo?s greatest contribution to the evolving tradecraft of drug trafficking was one of those innovations that seem so logical in hindsight it?s a wonder nobody thought of it before: a tunnel. In the late 1980s, Chapo hired an architect to design an underground passageway from Mexico to the United States. What appeared to be a water faucet outside the home of a cartel attorney in the border town of Agua Prieta was in fact a secret lever that, when twisted, activated a hydraulic system that opened a hidden trapdoor underneath a pool table inside the house. The passage ran more than 200 feet, directly beneath the fortifications along the border, and emerged inside a warehouse the cartel owned in Douglas, Ariz. Chapo pronounced it ?cool.??

??When this new route was complete, Chapo instructed Mart?nez to call the Colombians. ?Tell them to send all the drugs they can,? he said. As the deliveries multiplied, Sinaloa acquired a reputation for the miraculous speed with which it could push inventory across the border. ?Before the planes were arriving back in Colombia on the return, the cocaine was already in Los Angeles,? Mart?nez marveled.?

Blow Hard
Gus Garcia-Roberts ? Miami New Times ??April 2010

Scott Storch, a producer who earned six figures for beats he made in less than an hour, was worth an estimated $70 million. Then he blew it all in a bizarre cocaine binge.

?A $3 million 34-carat yellow-diamond pinkie ring crowned his personal jewelry collection, which also included a diamond watch formerly owned by Michael Jackson. He paid $20 million for a 125-foot yacht. And the pi?ce de r?sistance: his 2006 purchase of a 18,000-square-foot white-columned Palm Island mansion, dubbed Villa Ferrari, for $10.5 million.

?Storch shuffled through women who were equally expensive. He gave heiress Paris Hilton a Maybach and flew her to the French Riviera via private jet?at a cost of $275,000, according to XXL Magazine?and became full-fledged paparazzi prey by reportedly dating Lindsay Lohan, Kim Kardashian, rapper Lil' Kim, and porn star Heather Hunt.

Source: http://www.slate.com/articles/life/longform/2013/06/cocaine_dealers_and_users_the_longform_guide_to_blow_and_those_who_use_it.html

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