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NEW YORK (AP) ? Stocks are opening higher on Wall Street, a day after the Dow Jones industrial average closed at its second all-time high in a week.
Shortly after the opening bell the Dow Jones industrial average rose 72 points, or 0.5 percent, to 14,744. The Standard & Poor's 500 index touched an all-time high of 1,576.16. That was up seven points, or 0.5 percent, in early trading. The Nasdaq composite rose 17 points, 0.5 percent, to 3,255.
Federal Reserve policymakers are divided over when to end measures to encourage more borrowing and spending to help stimulate the economy.
Minutes of the Fed's March 19-20 meeting show a few members want end "relatively soon" a program that is spending $85 billion a month to purchase bonds, saying the costs likely outweigh the benefits.
Source: http://news.yahoo.com/us-stock-markets-open-higher-134859247--finance.html
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WASHINGTON (AP) ? Senate Democrats are approaching decision time on whether they should try to get Republican support for expanding background checks for firearms sales or will follow the shakier path of pursuing the cornerstone of President Barack Obama's gun control effort on their own.
Democrats were holding a lunchtime meeting Tuesday to assess whether Sen. Joe Manchin, D-W.Va., had reached an acceptable compromise ? or had a realistic chance of getting one ? with Sen. Pat Toomey, R-Pa. Party leaders were giving Manchin until later Tuesday to complete the talks, and a decision by Democrats seemed likely in the next couple of days.
An agreement between the two senators, both among the more conservative members of their parties, would boost efforts to expand background checks because it could attract bipartisan support. Abandoning those negotiations would put Democrats in a difficult position, making it hard for them to push a measure through the Senate and severely damaging Obama's gun control drive.
The decision was coming as the Senate prepared to debate gun restrictions, an issue catapulted into the national arena by December's gruesome slaying of 20 first-graders and six educators in Newtown, Conn.
Obama's proposals ? headlined by background checks for more gun buyers and bans on assault weapons and high-capacity ammunition magazines ? have hit opposition from the National Rifle Association and are struggling in Congress. Conservatives say they will use procedural tactics to try preventing the Senate from even debating firearms restrictions.
The administration was continuing its efforts to pressure Republicans, with Vice President Joe Biden and Attorney General Eric Holder making remarks Tuesday at the White House, joined by law enforcement officials.
On Monday it was Obama's turn, encouraging voters to press Congress in remarks at Connecticut's University of Hartford, about 50 miles from where the killings occurred at Newtown's Sandy Hook Elementary School.
"If you want the people you send to Washington to have just an iota of the courage that the educators at Sandy Hook showed when danger arrived on their doorstep, then we're all going to have to stand up," the president said.
Some Newtown families were spending time in the Capitol this week lobbying senators to support gun restrictions, including 11 relatives Obama ferried back to Washington on Monday aboard Air Force One.
In a preview of the Senate's debate, 13 conservative Republicans delivered a letter Monday to Senate Majority Leader Harry Reid, D-Nev. They promised to try blocking lawmakers from beginning to consider the measure, a procedural move that takes 60 votes to curtail, a difficult hurdle in the 100-member chamber.
The conservatives, who included Sen. Mike Lee, R-Utah, said the Democratic effort would violate the Second Amendment right to bear arms, citing "history's lesson that government cannot be in all places at all times, and history's warning about the oppression of a government that tries."
"Shame on them," Reid responded as he brought Democratic gun legislation to the Senate floor, though debate did not formally begin.
"The least Republicans owe the parents of those 20 little babies who were murdered at Sandy Hook is a thoughtful debate about whether stronger laws could have saved their little girls and boys," Reid said.
Reid could try beginning Senate debate on legislation that has already been approved by the Judiciary Committee. It would extend the background check requirement to nearly all gun purchases, strengthen laws against illegal firearms purchases and modestly boost aid for school safety.
If Reid does that, Senate Minority Leader Mitch McConnell, R-Ky., will join conservatives' efforts to prevent the measure from being debated, McConnell spokesman Don Stewart said.
In hopes of enhancing the prospects for Senate approval, Reid has been hoping a bipartisan deal could be struck. There are 53 Senate Democrats and two independents who lean toward them, meaning GOP support ultimately will be needed to reach 60 votes to move ahead.
Manchin has been hoping for a deal with Toomey that would expand the requirement to sales at gun shows and online while exempting other transactions, such as those between relatives and those involving private, face-to-face purchases.
Currently, federal background checks are required for sales by licensed gun dealers but not for other transactions. The system is aimed at preventing criminals, people with severe mental health problems and others from getting firearms.
Sen. Mark Kirk, R-Ill., has also continued working for a bipartisan deal. Kirk, though, is considered too moderate to bring other GOP senators with him.
Efforts by Sen. Chuck Schumer, D-N.Y., to reach a background check compromise with conservative Sen. Tom Coburn, R-Okla., foundered over Schumer's insistence that records of private transactions be kept. Schumer said records are the only way to assure the checks were actually performed, while Coburn opposed them as a step toward government files on gun owners.
Source: http://news.yahoo.com/top-senate-dems-face-decisions-gun-curb-push-070825965--politics.html
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For six decades, the residents of South Korea?s Baengnyeong Island have practically stared down the barrels of North Korea?s artillery. Located just 10 miles off the North?s Yellow Sea coast, this South Korean island is at the forefront of what some observers say could be the next military flashpoint.
Now, amid the recent uptick in bombast from Pyongyang, the regime has singled out the island for a possible attack. And, even as much of the rest of South Korea seems to remain unphased by the North?s rhetoric, South Koreans here are taking the recent threats seriously, if calmly.
?North Korea?s recent aggression, the fact that it does not recognize the maritime border in those waters, and South Korea?s pledge to respond to any provocation with force increases the likelihood of an incident in this area,? says Yang Moo-jin, a North Korea analyst at Seoul?s Dongguk University.
RECOMMENDED: Kim 101: How well do you know North Korea's leaders?
If the North made good on its promise, it would be the latest in a series of battles around South Korea?s five Yellow Sea islands. Even during times of relative calm on the Korean peninsula, the navies of both nations have engaged in deadly skirmishes. In 2010, a South Korean naval ship sank not far off Baengnyeong?s shore: The South later determined it was struck by a North Korean torpedo, resulting in the deaths of 46 sailors. And later that year, neighboring Yeongpyeong Island was shelled by the North?s military, killing four South Korean soldiers and civilians.
That incident hit close to home for many of Baengnyeong?s 5,500 residents. Since then, new fortifications on the island have been built, and South Korea?s military has bolstered its presence there. Officials on the island estimate that troop numbers now hover around 4,000, but the actual total is a military secret.
The island is prepared, says Kim Jin-guk, who heads Baengnyeong?s Civil Defense Force.
?Many of the locals say they feel safe because we have close to 90 bomb shelters on the island and we have a large number of soldiers and marines stationed here," Mr. Kim says. ?This might make Baengnyeong Island more safe than some other parts of the mainland.?
Last month, Pyongyang?s official Korea Central News Agency reported that North Korea's leader Kim Jong-un ordered troops on a military base just across the sea from Baengnyeong to take aim at the island if war breaks out with the South and "engulf the island with flames." The Civil Defense Force?s Kim says despite that directive, residents remain calm and, to his knowledge, no one has fled the island.
?I trust that the military would protect us,? says Park Dong-sik, the owner of a hotel on Baengnyeong Island. ?The situation is very tense, but I would never leave the island because of North Korea?s threats.?
While Pyongyang escalates the belligerence of its daily diatribes directed at Seoul and Washington, most South Koreans remain unmoved by the rhetoric. Some observers say this apathy is a coping mechanism.
?It?s a part of their psyche,? says analyst Jasper Kim. ?You either ignore the noise from North Korea, or you simply go crazy.?
An empty road connecting the KIC (Kaesong industrial complex) with the South's CIQ (Customs, Immigration and Quarantine) is reflected in sunglasses of a South Korean soldier standing guard at the ... more? An empty road connecting the KIC (Kaesong industrial complex) with the South's CIQ (Customs, Immigration and Quarantine) is reflected in sunglasses of a South Korean soldier standing guard at the South's CIQ, just south of the demilitarised zone separating the two Koreas, in Paju, north of Seoul April 10, 2013. South Korea said on Wednesday it has asked China, North Korea's only major ally, to rein in the hermit state and has raised its surveillance after the North moved at least one long-range missile in readiness for a possible launch. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: POLITICS MILITARY) less? ?Mr. Kim, who heads the Asia-Pacific Global Research group in Seoul, says that Koreans have always lived in range of the North?s guns, but have had little choice but to accept the reality of the situation no matter how grave it might seem.
?It?s like living next to a nuclear power plant, you know that there is a small likelihood that something could go terribly wrong, but you don?t want to question it on a daily basis, because then you start questioning why you are there in the first place,? Kim says.
Still, the barrage of threats might be taking its toll on Baengnyeong?s residents, where tourism, the island's main source of income, is down. For some, like Lee Hwan-sun, the heightened tensions in the Yellow Sea means he cannot earn a living.
?I used to take my fishing boat out about five minutes from the port,? he says. ?But now, because of the situation here, I wouldn?t dare go out that far.?
?We?re scared of Kim Jong-un, he?s unpredictable, he?s worse than his father,? says one local woman in her 70s, who did not want to give her name.
Though most South Koreans are not panicking, there are signs that they are growing tired of the North?s rhetoric. Since the 2010 incidents, the South Korean government has faced criticism for not reacting more strongly to such incidents. That has prompted new President Park Geun-hye to give the Ministry of Defense carte blanche in the event of another North Korean military provocation. This in turn increases the probability of the current war of words turning into a firefight, says analyst Kim.
?They [the South Korean government] have created a broad definition of what a provocation is from North Korea,? Kim says. ?Something very small could demand a military countermeasure by the other side and that?s where problems can arise.?
RECOMMENDED: Kim 101: How well do you know North Korea's leaders?
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Source: http://news.yahoo.com/north-korea-threat-one-island-taking-kim-jong-145700493.html
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AT&T just sent out 20 press releases with a bunch of LTE announcements. There's a lot to digest, so allow us to break it all down in one place for easy reading.
New LTE cities that are currently active:
New LTE cities coming this summer:
There's no word on when exactly during the summer these will light up, but I'm sure AT&T will remind us again when they go live -- or you fine folks will let us all know the minute it drops.
Source: http://feedproxy.google.com/~r/androidcentral/~3/NdlDuC22lZU/story01.htm
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Please check the URL for proper spelling and capitalization. If you're having trouble locating a destination on Yahoo!, try visiting the Yahoo! homepage or look through a list of Yahoo!'s online services.
Please try Yahoo Help Central if you need more assistance.
Source: http://news.yahoo.com/10-things-know-today-101340019.html
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Following the trend of everything accentuating its connection to the "cloud," Boxee has rebranded its new box as the Boxee Cloud DVR. GigaOm reports the company made the shift to emphasize its DVR features as a differentiator from other $99 set-tops like those offered by Roku and Apple. Other than the name change and a website redesign, one other new tack is a free "Basic" service package. Buyers still get the "All-access" $10 service tier free for a month upfront on a trial basis, which has unlimited storage and playback across different devices. Once that runs out however, they can opt for basic service where cloud-stored DVR recordings are limited to 5 hours of monthly playback on the box itself and expire after 90 days. While the DVR service's availability is still limited to eight markets, the plan is to expand to 26 by the end of this year. Once it rolls out to more areas and the DVR features come out of beta, we'll see if buyers are ready to give this second attempt at blending online and OTA video a shot.
Filed under: Home Entertainment, HD
Via: GigaOm
Source: Boxee.tv
Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/E1khx6-A5ko/
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