Friday, October 28, 2011

World stocks up on European rescue deal for Greece

A man walks in front of the electronic stock board of a securities firm in Tokyo indicating the benchmark Nikkei 225 stock average rose 121.81 points, to end morning session at 9048.35, Friday, Oct. 28, 2011. Asian stock markets rose Friday, continuing to be buoyed by a European deal aimed at slashing Greece's massive debt and preventing the crisis from engulfing too big to bailout countries such as Italy. (AP Photo/Itsuo Inouye)

A man walks in front of the electronic stock board of a securities firm in Tokyo indicating the benchmark Nikkei 225 stock average rose 121.81 points, to end morning session at 9048.35, Friday, Oct. 28, 2011. Asian stock markets rose Friday, continuing to be buoyed by a European deal aimed at slashing Greece's massive debt and preventing the crisis from engulfing too big to bailout countries such as Italy. (AP Photo/Itsuo Inouye)

A man walks in front of the electronic stock board of a securities firm in Tokyo indicating the benchmark Nikkei 225 stock average rose 121.81 points, to end morning session at 9048.35, Friday, Oct. 28, 2011. Asian stock markets rose Friday, continuing to be buoyed by a European deal aimed at slashing Greece's massive debt and preventing the crisis from engulfing too big to bailout countries such as Italy. (AP Photo/Itsuo Inouye)

(AP) ? World stock markets climbed again Friday, continuing to be buoyed by a European deal aimed at slashing Greece's massive debt and preventing the crisis from engulfing "too big to bailout" countries such as Italy.

Oil prices lingered above $93 per barrel and the dollar gained against the euro but slipped against the yen.

European shares were higher in early trading. Britain's FTSE 100 rose 0.1 percent to 5,720.79. Germany's DAX gained 0.9 percent to 6,394.05 and France's CAC-40 added 0.6 percent at 3,390.09.

But the euphoria began to wear off on Wall Street, which appeared headed for a lower opening. Dow Jones industrial futures fell 0.4 percent to 12,123 and S&P 500 futures were 0.4 percent lower at 1,278.10.

Asian stocks posted a second day of gains on the European news.

Japan's Nikkei 225 index jumped 1.4 percent to close at 9,050.47, its highest close since Sept. 1. Hong Kong's Hang Seng gained 1.7 percent to 20,01924 and South Korea's Kospi rose 0.4 percent to 1,929.48.

Australia's S&P/ASX 200 gained 0.1 percent to 4,353.30 and the Shanghai Composite Index added 1.6 percent to 2,473.41. Benchmarks in Singapore, Taiwan, Indonesia and Thailand were also higher.

After two years of unsuccessful attempts to address the continent's debt problems, European leaders unveiled a deal Thursday aimed at preventing the Greek government's inability to pay its debt from escalating into another financial crisis like the one that followed the collapse of Lehman Brothers in 2008.

Banks are being asked to take 50 percent losses on the Greek bonds they hold. Europe will also strengthen a financial rescue fund to protect the region's banks that will also be used to insure some potential losses on the debt of weak eurozone economies like Italy, which is considered too big to bail out.

But some analysts cautioned that Europe was still at risk, since mapping out the rescue plan was simple, compared to the complex and costly task of implementing it.

"I think there is euphoria of Europe finally solving its problems. But the question is, how do you finance the financial stability fund? Who is supposed to pay for it? That is left blank," said Francis Lun, a Hong Kong-based analyst.

"For the moment, Greece will not go under. That is all we know. But the commercial banks will take a big hit," Lun said. "That will really kill them."

But renewed confidence in Europe helped fuel a surge on Wall Street that also boosted stocks in Asia, as did signs of stronger U.S. economic growth and corporate earnings.

Japanese steel makers Nippon Steel Corp. rose 3.4 percent and Kobe Steel Ltd. gained 4.7 percent. Heavy equipment maker Komatsu Ltd. jumped 5.6 percent.

South Korean industrial shares also rose. Steel giant POSCO gained 1.6 percent while Hyundai Heavy Industries, the country's leading shipbuilder, gained 0.7 percent.

Chinese property shares continued to climb on speculation that China might relax its inflation-fighting measures that have drained liquidity out of the financial markets. Hong Kong-listed Poly Real Estate Group added 4.4 percent and China Vanke Co. Ltd. jumped 7.3 percent.

The U.S. government reported that the American economy grew at a 2.5 percent annual rate from July through September on stronger consumer spending and business investment. That was nearly double the 1.3 percent growth in the previous quarter.

The Dow Jones industrial average soared 2.9 percent to 12,208.55 ? its largest jump since Aug. 11. The S&P 500 rose 3.7 percent to 1,284.59. The Nasdaq composite leaped up 3.3 percent to 2,738.63.

Benchmark crude for December delivery was down 79 cents at $93.20 a barrel in electronic trading on the New York Mercantile Exchange. The contract rose $3.76, or 4.2 percent, to settle at $93.96 in New York on Thursday.

Brent crude was down 33 cents at $111.75 a barrel on the ICE Futures Exchange in London.

In currencies, the euro softened to $1.4178 from $1.4216 late Thursday in New York. The dollar slipped to 75.82 yen from 75.94 yen. The greenback hit a new record low against the yen the previous day, sinking to 75.63 yen at one point.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-10-28-World-Markets/id-68ef2e5f35e3427dbc443a4ab304dc6f

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Thursday, October 27, 2011

William Bradley: Steve Jobs: Hardly a Perfect Person, Perhaps a Perfect Icon

As Apple CEO Tim Cook noted again at last week's memorial service, Steve Jobs liked to say that he modeled his business after the Beatles. So it was interesting to have been around when the Beatles broke up, i.e., when Jobs was fired in the '80s from the company he so famously co-founded and led.

With memorials past and present and a new biography just out, Jobs is more omnipresent now than when he was among us. Perhaps that's only fitting. While he was an imperfect person, he may be a perfect icon.

When I encountered him in the early '80s, although it was not immediately apparent, Steve Jobs was coming to the end of his fabulous first act in life. The spectacular introduction of the Macintosh in January 1984, which proved to be as big a game changer as he and others thought at the time -- just not immediately and not immediately for Apple -- was followed in 1985 by the sensational ouster of Jobs.


In messianic mode, Steve Jobs unveils the original Macintosh computer for the first time, in January 1984 at Apple's annual meeting in Cupertino, California.

Always a disruptive force, a key to creativity, Jobs had become, in the regretful view of many who counted, a destructive force.

Jobs was only 30 when he was fired as head of the Macintosh Division and then forced out of Apple. His brilliance had spurred game-changing developments, but had run up against the limits of his expertise. And "I don't know" isn't something that's easy for a famous visionary folk hero to say.

"The future is already here -- it's just not very evenly distributed."

When William Gibson first started saying that, in the '90s, I flashed back to that day in January 1984 when I was fortunate enough to be on hand for the unveiling of the Macintosh. It was Apple's annual meeting, held at the Flint Center in Cupertino. I was there at the invitation of Regis McKenna, Jobs and Apple's longtime public relations and marketing counsel, with whom I later worked as Jobs had his breach with Apple. (Among many other things, McKenna's eponymous firm created the Apple logo, and masterminded the Mac launch with Jobs.)

Jobs was in vintage form, at his most ardently evangelizing, proudly removing the wraps at last from his "insanely great" product, as you can see in the video. I could write an entire essay about Jobs and this event, now clearly one of the seminal moments in technology and business history. It was simply electrifying, with Jobs channeling the current in both his public remarks and his private interactions.

From there, I went to the airport and flew to Des Moines for the four-week stretch run in the Iowa Democratic presidential caucuses of Senator Gary Hart, whom McKenna was strongly backing. Apple co-founder and Apple II inventor Steve Wozniak -- a great mensch without whom Jobs would have been lost at the beginning -- was a big supporter as well, quickly providing a helicopter when I needed to scout locations for TV ads following Hart's breakthrough in Iowa and New Hampshire, serving as a Hart delegate to the Democratic national convention, and backing Hart's think tank. John Sculley, Jobs's hand-picked Apple CEO, was also a Hart backer. But Jobs, while supportive, was not nearly the Hart enthusiast his colleagues were.

Perhaps because of his friendship with then former Governor and presidential candidate Jerry Brown, Hart's Yale Law School classmate who occupied similar political territory, and aspirations. Jobs and Brown shared a passion for Zen Buddhism. Jobs had served on the state's high tech commission under Brown and was on Brown's non-profit National Commission on Industrial Innovation, which Brown chaired and on which McKenna served as president.

And perhaps because Jobs was simply too into his own monomania.

I was stunned to learn that Jobs, a natural master if ever there was one, had not heard of the word "spin," which had famously emerged in the 1984 presidential campaign. Jobs had been so focused on Macintosh that he simply hadn't noticed.


Jobs opens the momentous 1984 Apple shareholders meeting, featuring the introduction of the Macintosh, reciting Bob Dylan's "The Times They Are A-Changing."

By 1985, Jobs was relying heavily on spin. The Mac, while way cool, was not insanely great. Not yet. It was friendly tech, perky even, with its own little chirping personality, like R2D2 in Star Wars. The Mac's graphical user interface, soon replicated in Microsoft Windows, saving the world from the even more bureaucratic MS-DOS, was radical in its elegance and ease.

But it was too expensive and simply didn't do enough, in part due to decisions forced by Jobs. His early insistence on uniformity and lack of expandability backfired.

Of course, those were still horse-and-buggy days, with tech's promise still largely in the future. The otherwise fabulous Regis McKenna Inc. office in Palo Alto was still using something called telex.

Nevertheless, the clunky, cheaper, corporado IBM PC did more stuff and was cleaning the Mac's clock. People were looking for scapegoats. Jobs, wistfully opining about Apple as dolphin and IBM as shark, blamed Sculley and tried to engineer a coup, only to run afoul of a counter-coup.

Bounced from his leadership of the Mac, essentially sidelined, Jobs left Apple to launch his next big thing, NeXT Computer. And there was Pixar, which Jobs bought from George Lucas in 1986 after Lucas's divorce. After years of struggle, it revolutionized movies through computer animation and made Jobs a billionaire. Not bad for the sidelight post-Apple venture.

The main post-Apple venture, NeXT, never became the next big thing. The computer was gorgeous, but far too expensive. While Pixar percolated and NeXT languished, Apple flourished for some time before falling on hard times. Meantime, Jobs was in the wilderness.


Jobs introduces the legendary 1984 commercial -- developed by the Don Drapers of Chiat/Day and directed by Ridley Scott, played two days earlier during the Super Bowl -- counterposing Macintosh to the corporatist paradigm warned of by George Orwell.

I remember seeing him at the 1990 funeral of Bob Noyce, the co-founder of Intel and co-inventor of the integrated circuit, the foundation of Silicon Valley. Jobs had sought out Noyce, another McKenna client and friend, looking to learn from a high tech pioneer. Noyce, a preternaturally cool character intrigued by youth culture in general and the wunderkind in particular, had reciprocated. Now he was dead, of a sudden and surprising heart attack at 62.

At this point, Jobs was more former than current, well into his wilderness years, his future disproof of Fitzgerald's famous dictum that there are no second acts in American lives by no means assured. Not at all the center of attention, Jobs was saddened by Noyce's death and chastened by life's ephemeral nature.

Though it was not the next thing, NeXT had an impact and kept Jobs in the game and continuing to learn as technology evolved. When Apple stalled out in the '90s, acquiring NeXT as a means of revamping Mac system software -- and bringing back Jobs -- became a compelling option. "Special advisor" Jobs, the prodigal son with the Promethean touch, returned. He quickly became "interim" CEO, making the title permanent a few years later in 2000.

This time, Jobs was ready to be CEO. He made the moves which proved to be not only revolutionary, as the original Mac was, but highly profitable and very synergistic, which it took years for the Mac to become.

The early game changers of Mac and Pixar were followed in rapid succession by iTunes, iPod, iPhone, iPad ... and whatever Jobs was working on when he died earlier this month. Each proved to be disruptive technology in a mostly positive sense, altering the arcs of the computer, music, movie, and communications industries and in the process providing elegant new tools to empower people around the world.

Why the amazing outpouring for Jobs? For starters, in this age of disastrously financialized capitalism, he was a business figure clearly more interested in making products than in making money.


Jobs narrates the "Think Different" ad, something of a manifesto for his return to Apple.

In a largely dour time of encroaching chaos, Jobs is an icon of a future that works, the impresario -- for he always had outstanding people working with him, making it all possible -- of devices that delight and provide windows on a wider world.

Jobs, a rather private person even before his illness, clearly wasn't interested in being in the middle of the crowd, soaking up market share and conventional acclaim. He wanted to be out at the edge, and to turn that edge into a wave of change.

The product of a Northern Californian brew of high tech, higher ed, and getting high, Jobs added the simplicity, quirkiness, and elegance he acquired from Zen, his own passage to India, and the study of great product design.

When many experts thought that computers would get bigger, Jobs and Wozniak had the opposite insight, that they would get smaller.

Where Wozniak wanted a computer that he could play with and love, Jobs wanted computers to become truly personal, to become not simply devices that were useful or even fun, but to become an integral part of one's life.

Then he had the insight that the computer could shrink ever smaller, into what we now call a phone and into what Star Trek called a PADD (Personal Access Display Device).

Yet the perfect icon was hardly a perfect person.

As interesting and charismatic a figure as he was, Jobs had the rock star arrogance associated with someone who becomes very rich and very famous at a very young age. He didn't suffer fools gladly, which is fine, but he doesn't seem to have had much of an edit function, either.

Though a family man who chose to live in a relatively down-to-earth home, especially for a billionaire, if Jobs was a philanthropist it's escaped public attention so far.

And he pursued his revolutionary product vision by driving up Apple's profit margin through manufacturing in China, where working conditions are frequently terrible.

Originally, Jobs was committed to manufacturing Apple computers in America. He had Apple build a big manufacturing plant in the San Francisco Bay Area city of Fremont in the '80s.

But when he returned to Apple to begin its resurrection and rise to heights few had imagined it could achieve, he didn't linger long on his old Made in the USA trope.


In his 2005 Stanford commencement address, Steve Jobs discusses life.

Of course, the manufacturing was shifting before Jobs returned. I look now at my trusty old Mac SE from the late '80s, as well as an original Mac I have on display, both with "Made in the USA" emblazoned on the back. But looking at the PowerBook 5300ce, briefly the most powerful laptop in the world, having saved it in 1996's Independence Day, I see that it was "assembled in Singapore." By 2002, my pretty little white iBook reads: "Designed by Apple in California, Assembled in Taiwan." And now, of course, we have the ubiquitous "Designed by Apple in California, Assembled in China."

Jobs certainly didn't create off-shoring, having fought against it early on. But in his 2.0 days at Apple's helm, he didn't act against it. Creating his vision of the future was the key. If there was collateral damage, there was.

Mr. Jobs's neighborhood was, by choice, in a different place. He lived, as he frequently said, at the intersection of technology and liberal arts.

In 2001, a fatefully resonant year for any child of the '60s, Jobs announced that Apple would provide the digital hub for its customers' lives. In that iteration, all one's devices would be coordinated through the Mac. Now it can be an iPhone or an iPad that acts as the hub, especially with the advent of cloud computing. It might even include a new sort of television.

It is a powerful vision, and it's quickly coming into being. Perhaps it is the elegance and efficacy of it that is so appealing. Perhaps it is the sheer pleasure that using Apple devices (except when they go wrong) and even just looking at them can bring.

Perhaps it is that, with so much going wrong with the future we were promised, the slice of the future promised by Jobs not only works, but generally delights.

Steve Jobs made it his mission to develop, design, and diffuse the stuff of the future, today. Recovering from early mistakes in as dramatic a fashion as possible, he delivered. It's not perpetual world peace, but it's enough for one person.


You can check things during the day on my site, New West Notes ... www.newwestnotes.com.

William Bradley Huffington Post Archive

?

Source: http://www.huffingtonpost.com/william-bradley/steve-jobs-hardly-a-perfe_b_1033046.html

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Hitachi Automotive Systems Americas, Inc. to Launch ?Change and ...

CYPRESS, Calif.?(BUSINESS WIRE)?Hitachi
Automotive Systems Americas, Inc., Los Angeles will launch the
?Change and Innovate? marketing campaign at the Automotive Aftermarket
Products Expo (AAPEX), held in Las Vegas, Nevada from Nov. 1 to 3 at BOOTH
238
.

Hitachi?s booth will also showcase an expanded line of Electronic
Throttle Bodies (ETB) in a branded product box. These lightweight ETB?s
feature precise throttle opening and closing to optimally control
airflow and engine mapping. They will help meet the growing demand for
products that create more energy efficient vehicles.

The new campaign, with the tagline ?Hello Change, Let?s Innovate,?
highlights Hitachi?s expertise in the automotive aftermarket industry
and ability to serve the customer?s evolving needs. Campaign elements
include the launch of a branded Facebook page, Hitachi Automotive
System?s first social media outreach to customers and retailers. Fans of
the ?Hitachi
Auto Parts? page will have access to the latest company news, event
photos, and product and application information.

?We are excited to launch the ?Change and Innovate? campaign at AAPEX to
highlight our commitment to the aftermarket industry. For years Hitachi
Automotive has been recognized universally as an Original Equipment
Manufacturer. Today, our quality products are also available directly to
the Aftermarket so we can service all customers with confidence,? said
Fred Pakshir, General Manager of Hitachi Automotive Systems Americas,
Inc. Los Angeles office.

The campaign look and feel is reflected in the trade show booth design
and updated marketing materials, including the company website,
brochure, product catalog and fliers. These campaign elements increase
brand awareness amongst warehouse distributors and installers who are
important stakeholders and partners for communicating the depth and
breadth of Hitachi?s product range.

About Hitachi Automotive Systems Americas, Inc.

Hitachi Automotive Systems Americas, Inc., a subsidiary of Hitachi
America, Ltd., manufactures, remanufactures and markets a wide range of
automotive systems including engine management systems, electric power
train systems, drive control systems and car information systems for all
major automotive original equipment manufacturers worldwide.

Hitachi Automotive Systems Americas, Inc. was formed on Jan. 1, 2011
when Hitachi Automotive Products (USA), Inc. merged and consolidated its
two subsidiaries, UNISIA OF GEORGIA CORPORATION and TOKICO (USA) INC.
The consolidation is part of a global initiative to strengthen the
organization and improve the efficiency of operations in the Americas.
The company is headquartered in Harrodsburg, KY, with a total of 2,000
employees.

For more information please visit www.hitachi-automotive.us.

Photos/Multimedia?Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50044289lang=en

Source: http://www.clearingandsettlement.com/2011/10/hitachi-automotive-systems-americas-inc-to-launch-%E2%80%9Cchange-and-innovate%E2%80%9D-campaign-at-2011-aapex-show/

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Wednesday, October 26, 2011

Olympus chairman stepping down amid scrutiny

(AP) ? Olympus Corp. said Wednesday thta Chairman and President Tsuyoshi Kikukawa is stepping down amid widening scrutiny into past acquisitions after the company's British ex-CEO presented allegations of potential financial wrongdoing.

The Japanese camera and medical device maker recently fired Chief Executive Michael Woodford after he questioned a $687 million payment to financial advisers as part of Olympus' purchase of the U.K.'s Gyrus Group Plc.

The payment represented more than a third of the $2 billion purchase. Fees for advisers are normally 1 to 2 percent of the deal value.

Olympus said it will elaborate on the reasons for Kikukawa's resignation at a 5:30 p.m. press conference at a Tokyo hotel.

Shuichi Takayama will become the company's president, the company said in a release.

Last week, the company said it would establish an independent task force to review past acquisitions, seeking to ease mounting shareholder pressure.

Shares in Olympus have lost half their value since Woodford was dismissed on Oct. 14.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-10-26-AS-Japan-Olympus/id-a55f669ba22649499e3b554f5220bc19

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Tuesday, October 25, 2011

Amazon Misses, Q3 Sales Up 44 Percent To $10.9B; Net Income Down 73 Percent To $63M

amazonAmazon reported third quarter earnings today. Net income decreased 73% to $63 million in the third quarter, or $0.14 per diluted share, compared with net income of $231 million, or $0.51 per diluted share, in third quarter 2010. The e-commerce giant missed Wall Street expectations; analysts expected a profit of $0.25 cents per share on $10.91 billion in revenue. Net sales increased 44% to $10.88 billion in the third quarter, compared with $7.56 billion in third quarter 2010. Operating income was $79 million in the third quarter, compared with $268 million in third quarter 2010.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/d0UvhbgZue0/

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Rangers top Cards in Game 4, tie series

Series tied 2-2 as Holland stifles Cards, Napoli hits key home run in 4-0 win

Image: Holland, NapoliGetty Images

Derek Holland, who pitched 8 1/3 scoreless innings in Game 4, hugs Mike Napoli after Sunday's game.

updated 11:14 p.m. ET Oct. 23, 2011

ARLINGTON, Texas - So close to a World Series shutout, Derek Holland did everything he could, trying to convince Texas manager Ron Washington to let him finish.

There they stood on the mound, two outs to go in the ninth inning, the pitcher pleading his case as the crowd chanted his name.

"He was begging," Washington said. Or, as Rangers second baseman Ian Kinsler described it: "A lot of profanity, we sounded like sailors out there."

Washington listened, then signaled for closer Neftali Feliz. Holland had done his job in Game 4, and then some. He had kept Albert Pujols in the ballpark and the Rangers in this Series.

In a title matchup that's getting more interesting with every game, Holland put the emphasis back on pitching. Given a pep talk by Washington minutes before the game, Holland threw two-hit ball for 8 1-3 innings to beat the St. Louis Cardinals 4-0 on Sunday night and even things at 2-all.

Holland struck out seven, walked two and never was in trouble against a team that erupted for 16 runs the previous night. He came within two outs of pitching the first complete-game shutout in the World Series since Josh Beckett's gem for Florida to clinch the 2003 title at Yankee Stadium.

"I was very focused. I knew this was a big game for us," said Holland, who was 16-5 with 3.95 ERA and four shutouts in the regular season. "I had to step up and make sure I was prepared."

Hobbled Josh Hamilton put Texas ahead with an RBI double in the first inning. Then Mike Napoli broke it open with a three-run homer in the sixth that set off a hearty high-five in the front row between team president Nolan Ryan and former President George W. Bush.

And just like that, for the first time since 2003, the World Series stood at two games apiece. Now the whole season is down to a best of three, with the outcome to be decided back at Busch Stadium.

Game 5 is Monday night at Rangers Ballpark. It's a rematch of the opener, when Cardinals ace Chris Carpenter topped C.J. Wilson.

A day after Pujols produced arguably the greatest hitting show in postseason history, tying Series records with three home runs, six RBIs and five hits during the Cardinals' romp, Holland emerged as the unlikely star.

Holland got a big cheer when he took the mound in the ninth and was still throwing 96 mph. After he walked Rafael Furcal with one out, Washington strolled to the mound.

"I was begging to stay out there," Holland said. "I said, 'I'll give it everything I've got. I can get the double play.'

"When I came off the field my arm hair was sticking up ? not like I have much."

Holland tipped his cap and waved to the fans as he walked off. His outing was the longest scoreless appearance by an AL starter in the Series since Andy Pettitte also went 8 1-3 at Atlanta in 1996.

Feliz took over and closed. He walked Allen Craig, then retired Pujols on a fly ball and struck out Matt Holliday to end it.

Pujols finished 0 for 4 and hit the ball out of the infield only once.

"I wanted him to see my 'A' game," Holland said.

Said Cardinals manager Tony La Russa: "Well, I would just say he worked us over. Give him credit."

"Good pitching is always going to stop good hitting," he said.

Holland was in tune all evening with Napoli, his pal and catcher. Much better than the battery for the pregame ceremony ? Bush tossed a wild pitch that glanced off the catcher's mitt Ryan wore.

"I should've gone with the regular glove," Ryan said with a chuckle.

The bounce-back Rangers managed to avoid consecutive losses for the first time since Aug. 23-25, a streak that's kept them out of trouble in the postseason.

The Rangers also completed a Sunday sweep in the matchup of teams from St. Louis and the Dallas area. Earlier in the afternoon, the Cowboys beat the Rams 34-7 right across the parking lots. Hamilton and Lance Berkman served as honorary captains for the pregame coin toss, wearing their baseball uniforms.

Many fans might remember Holland from last year's World Series. He's the reliever who came in against San Francisco, walked his first three batters and promptly got pulled.

Maybe that guy was an impostor. Because this 25-year-old lefty with the sorry little mustache was completely poised, with pinpoint control. Perhaps it was the talk he got from Washington near the dugout shortly before taking the mound.

Washington put both hands on Holland's shoulders and talked to him tenderly, like a dad about to send his teenage son off to college. Holland kept nodding, and Washington finished up with a playful pat to Holland's cheek.

"It was just a general message that he's capable of going out there and keeping us in the ballgame. That's all it was," Washington said. "I talk with Derek like that all the time, it just happened to catch me on TV."

Added Holland: "He shows that he cares about all his players, and he definitely showed that when he talked to me."

After that, Holland was in total command in his first Series start, and improved to 3-0 lifetime in the postseason. The only hits he allowed were by Berkman: a double in the second and a single in the fifth. Holland got even later, getting Berkman to look at a strike three that left the St. Louis star discussing the call with plate umpire Ron Kulpa.

Cardinals starter Edwin Jackson kept his team close despite a wild night. He walked seven, and eventually they caught up with him.

It was 1-0 when La Russa yanked Jackson after two one-out walks in the sixth and signaled for reliever Mitchell Boggs. Napoli was up, and the sellout crowd chanted his name as he stepped into the batter's box.

Boggs stayed in the stretch for an extra beat while Furcal ducked behind Nelson Cruz from shortstop. When Boggs finally threw a 95 mph fastball with his first pitch, Napoli whacked it.

Napoli stood at the plate for a moment as the ball sailed deep, just inside the left field line. Boggs could only contort his body, seeing the game get out of hand.

Hamilton forced the Cardinals to play catch-up for the first time in a while. St. Louis had scored first in 10 straight postseason games, one shy of the record set by Detroit during a span from 1972-84.

Elvis Andrus singled with one out in the Texas first and sped home when Hamilton doubled into the right field corner. The reigning AL MVP has been slowed by a strained groin, part of the reason he hasn't homered in 57 at-bats this postseason.

NOTES: Napoli became the first catcher to hit two homers in a Series since Mike Piazza of the Mets in 2000. ... Kinsler and St. Louis C Yadier Molina played a little game of back-and-forth in the second. Kinsler robbed Molina of an RBI single with a nice stop up the middle to end the top half. In the bottom half, Molina made a snap throw that trapped Kinsler off first base for the last out. ... Mitch Moreland batted last for Texas. It's the sixth time a starting first baseman in the World Series had hit ninth in order, four by Moreland.

? 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Pressure on Rangers' Wilson

??HBT Extra: Can C.J. Wilson step up for the Rangers against Chris Carpenter and the Cards? Tiffany Simons and Craig Calcaterra preview Game 5.

Source: http://nbcsports.msnbc.com/id/45010253/ns/sports-baseball/

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Turkey: 49 Kurdish rebels killed in fighting (AP)

ANKARA, Turkey ? Turkish troops have killed at least 49 Kurdish rebels in a valley near the Iraqi border, the military said Saturday, as hundreds of troops also pursued Kurdish fighters within northern Iraq.

The rebels were killed in offensives in the past two days in the Kazan Valley region, near the town of Cukurca that borders Iraq, the military said in a statement posted on its website. There was no confirmation of the deaths from the rebel group.

On Wednesday, Turkey launched anti-rebel offensives involving around 10,000 troops both in southeastern Turkey and across the border in Iraq. The military operations began hours after 24 soldiers were killed in Cukurca by the rebels of the Kurdistan Workers' Party, or PKK, in the deadliest one-day toll against the military since the 1990s.

Turkey's conflict with the Kurdish rebels has killed tens of thousands of people since the insurgents took up arms to fight for autonomy in the country's Kurdish-dominated southeast in 1984.

The military said it recovered the bodies of 35 rebels at the valley after it struck the area with artillery shells and airstrikes on Saturday. Seven other bodies were found inside a cave while seven more rebels were killed in separate clashes in the region.

"Operations launched in a few regions across the border and in two regions inside Turkey are continuing," the military statement said, adding they were aimed at "preventing acts by members of the separatist terror organization against our units."

On Friday, the military said air and ground offensives were mostly concentrated within Turkey, in Cukurca, while operations were also under way "in a few areas" in northern Iraq.

The military has not revealed the number of soldiers that have crossed into Iraq. But the Haber Turk newspaper reported Saturday that 1,500 elite troops were involved in the ground operation against rebel hideouts in northern Iraq. The Vatan newspaper put the figure at 2,000.

The Turkish troops had penetrated three miles (five kilometers) into Iraqi territory, Haber Turk said, while military helicopters were ferrying elite troops in and out of other areas for "spot operations" against PKK rebels. Warplanes and drones were providing air support for the gunbattles.

The paper said the offensive was targeting seven suspected PKK bases along the border, where about 2,000 rebels are believed to be hiding.

The military said the operation includes commandos, special forces and paramilitary special forces ? elite forces trained in guerrilla warfare. They are being reinforced by F-16 and F-4 warplanes, Super Cobra helicopter gunships and surveillance drones.

The Kurdish rebels meanwhile, said seven of their fighters, including three senior operatives, were killed in Turkish air raids in northern Iraq on Oct. 10 and vowed revenge.

Turkey has launched more than two dozen air and ground incursions into northern Iraq over the 27 years of the insurgency, with mixed results. The rebels have returned to positions along the border soon after the troops have withdrawn. The current offensive was the largest attack on the insurgents in more than three years.

Turkey is seeking the cooperation of Iraqi Kurds, who control an autonomous region in northern Iraq, and of Iran for the latest offensive.

Hurriyet newspaper reported Saturday that Iraqi Kurdish security forces, the Peshmerga, were helping Turkish troops by providing intelligence.

Iraqi leaders have condemned the rebel attacks and promised to stop the PKK from using Iraqi territory for future attacks against Turkey. The Iraqi Foreign Ministry said both Baghdad and the regional Kurdish government in northern Iraq "are committed to securing the borders."

On Friday, Turkey and Iran vowed to collaborate against the PKK and its Iranian wing, the Party of Free Life of Kurdistan, or PJAK, during a visit by Iranian Foreign Minister Ali Akbar Salehi. The PKK and PJAK have both been fighting for Kurdish autonomy in their respective countries and both are labeled as terrorist organizations by the United States.

Source: http://us.rd.yahoo.com/dailynews/rss/iraq/*http%3A//news.yahoo.com/s/ap/20111022/ap_on_re_eu/eu_turkey_kurds

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Monday, October 24, 2011

Singer Loretta Lynn hospitalized with pneumonia

Country music singer Loretta Lynn was hospitalized over the weekend with the early stages of pneumonia, according to a representative of the performer.

The 76-year-old Lynn was scheduled to perform Saturday at the Performing Arts Center in Ashland, Ky. and Sunday in Durham, N.C., but the Kentucky center issued a news release saying she is in the hospital and would be unable to perform. The Kentucky theater says the show will be rescheduled.

Loretta Lynn Enterprises posted a statement on her website Saturday night that confirmed the cancellations due to illness.

"Doctors have diagnosed her as the beginning stages pneumonia, and will continue to need rest. Loretta is doing well and is disappointed but feels confident she will be ready for upcoming November dates."

Calls by The Associated Press to representatives of Lynn were not immediately returned Saturday.

In August, Lynn canceled shows because of knee surgery. Before that, she returned to live performances with a show at the Grand Ole Opry after being forced to cancel shows in Ohio and Connecticut because she was hospitalized for heat exhaustion.

The daughter of a Kentucky coal miner, Lynn had a string of hits starting in the 1960s ? "Coal Miner's Daughter," "You Ain't Woman Enough," "The Pill," and "One's on the Way." Many of her songs reflected her pride in her humble background and her experiences as a wife and mother. Her 1977 autobiography was made into a movie that brought an Oscar for Sissy Spacek's portrayal of Lynn. More recently, Lynn marked 50 years in country music and won two Grammy awards in 2005 for her album "Van Lear Rose."

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://today.msnbc.msn.com/id/45000175/ns/today-entertainment/

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Sunday, October 23, 2011

Deduct long-term care insurance | Bankrate.com

There are lots of good reasons to start a small business in retirement. Making a little money so you don't have to take as much out of your savings is one of them. But there are others.

I had lunch not long ago at a writers conference and sat next to a woman who was talking about the three books she was writing simultaneously. She said she had to schedule her time carefully so she had time to both golf and meet her deadlines.

My nosiness got the best of me, and I asked her how old she was. "Eighty-five," she said.

She's my hero. I intend to be her when I grow up.

Another retirement planning reason to start a small business is to help minimize what you have to give Uncle Sam.

Jesse Slome, executive director of the American Association for Long-Term Care Insurance, points out that "Tax advantaged long-term care insurance remains one of the few remaining significant tax-savings benefits especially meaningful for small business owners."

Thanks to the IRS response to the federal cost of living adjustment, the amount you can deduct as a business expense for long-term care insurance has risen to the levels below. Whether your business is buying long-term care insurance just for you or for you and your spouse, the ability to deduct the amount you pay can significantly reduce what LTC insurance actually costs out of pocket. And that makes doing a little writing on the side or selling used golf balls even more worthwhile.

40 or less $350 $340
More than 40 but not more than 50 $660 $640
More than 50 but not more than 60 $1,310 $1,270
More than 60 but not more than 70 $3,500 $3,390
More than 70 $4,370 $4,420

Source: IRS Revenue Proceedure 2011-52 (2012 limits) and 2010-40 (2011 limits)

Source: http://www.bankrate.com/financing/retirement/deduct-long-term-care-insurance/

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How To Pitch Jeff Bezos (And Other ?Giant-Brained Aliens?)

big.brain.alienIs Jeff Bezos really like a ?giant-brained alien?? In categorizing the Amazon founder?s unusual genius, Google (and former Amazon) engineer Steve Yegge compares Bezos and those like him to ?hyper-intelligent aliens with a tangential interest in human affairs." He is not trying to be disrespectful. He is just trying to explain how to go about pitching an idea to someone like Bezos. (The short answer: assume he already knows everything about the topic you are going to present, no slides, and "delete every third paragraph" of your pitch). Yegge does this in a follow up post on Google+ to his earlier rant on Google+ and Amazon.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/M676AkRgqn8/

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Saturday, October 22, 2011

Turkey mourns 24 slain soldiers (AP)

ANKARA, Turkey ? Turkish warplanes and helicopter gunships attacked Kurdish rebels Thursday, on the second day of an air and ground offensive against Kurdish rebels across the Iraqi border, the state-run television said.

Turkey launched a cross-border offensive against Kurdish rebels after they staged simultaneous attacks on military and police targets along the border Wednesday, killing 24 soldiers and wounding 18 others. About a dozen warplanes flew several bombing sorties out of two military bases in the country's southeast until sunrise, the state-run TRT television said.

The flag-draped coffins of the slain soldiers were being flown to several cities across the country on Thursday for burial.

The killings outraged many in Turkey and fueled nationalist sentiment. Many protesters, from high school students to post office workers, carrying huge Turkish flags and chanting anti-Kurdish rebel slogans, marched in Ankara on Thursday.

Several newspapers condemned the attack in banner headlines against a black background.

"24 martyrs, 74 million wounded," headlined daily Posta, saying that the killing of the soldiers hurt the entire population.

Yeni Safak newspaper's banner headline read: "Endless Pain."

In fresh violence on Thursday, suspected Kurdish rebels wounded three soldiers in a roadside bomb attack near the town of Altinova in southeastern Mus province, Gov. Ali Cinar. The three were in stable condition, Cinar said.

President Abdullah Gul and Prime Minister Recep Tayyip Erdogan vowed to respond the rebels in kind as the government mounted further pressure on Iraq and the Iraqi Kurdish administration to try to prevent the rebel attacks from Iraqi soil.

The conflict has killed tens of thousands of people since the rebels took up arms for autonomy in the country's Kurdish-dominated southeast in 1984. Kurds make up around 20 percent of Turkey's population.

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20111020/ap_on_re_eu/eu_turkey_kurds

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Friday, October 21, 2011

Romney says religion shouldn't be a factor (AP)

LAS VEGAS ? Former Massachusetts Gov. Mitt Romney says voters should not choose their president based on the candidate's religious beliefs or the place where they worship.

Romney was responding Tuesday to recent comments made by Robert Jeffress, a Dallas minister and supporter of Texas Gov. Rick Perry. Jeffress called Mormonism a cult. Romney is Mormon.

Romney says he was troubled that the minister would imply that people should choose a president based on the candidate's religion. He says it runs counter to the country's principles.

Perry reiterated that he did not agree with Jeffress's remarks. Jeffress introduced Perry at a recent speech and asserted that Romney isn't a Christian and Mormonism is a cult.

Asked about the comments, Romney said he's heard worse, "so I'm not going to lose sleep over that."

Source: http://us.rd.yahoo.com/dailynews/rss/religion/*http%3A//news.yahoo.com/s/ap/20111019/ap_on_el_pr/us_gop_debate_religion

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Wednesday, October 19, 2011

Motorola Droid RAZR unveiled: LTE, 4.3-inch qHD Super AMOLED display, available November for $299

As far as secrets go, this one was not well kept. After a series of leaks that treated us to early images of the device, Motorola finally spilled the LTE beans with a teaser page reveal just yesterday. Now, we have official confirmation that the itsy bitsy 4G Spyder's on its Big Red way.

This newest addition to Verizon's Droid lineup boasts a Gorilla Glass coated, 4.3-inch qHD Super AMOLED display -- a first for any mobile handset -- atop a dual-core 1.2GHz processor. Although the RAZR may look like a Kevlar-wrapped, slightly warped Droid X with its 7.1mm skinny silhouette and familiar topside hump, the insides tell a different tale. Joining the list of well-heeled specs, are an 8 megapixel rear camera capable of 1080p HD video, 1GB RAM, 16GB of onboard storage with 16GB additional on the microSD card and an 1,800mAh battery. Moto's also included Lapdock 100 and 500 Pro compatibility, converting this latest red-eyed beastie into a power user's best friend.

Moto's thrown in SmartActions software to manage your phone's battery life, shutting off Bluetooth when you return home, slowing down the processor speeds while on the phone -- whatever your energ0preference, the company's intent you get the most out of this handset. A new personal cloud feature comes bundled with the device, dubbed MotoCast. Video, photos, documents and music can be streamed from your laptop straight to the handheld. And for the IT departments of the world, the RAZR comes business ready with Citrix Receiver, Motorola Webtop and videoconferencing abilities.

Of course, there are a slew of accessories you can pair up with that new Droid: two lapdocks, wireless keyboard options, HD docks and Bluetooth headsets. You can snatch up all the extra goods and, of course, that aluminum-accented smartphone on October 27th when Verizon begins accepting pre-orders. As for that hard street date, the network's being coy with a global release slated for November.




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Motorola Droid RAZR unveiled: LTE, 4.3-inch qHD Super AMOLED display, available November for $299 originally appeared on Engadget on Tue, 18 Oct 2011 12:17:00 EDT. Please see our terms for use of feeds.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/Q0BVo52AGnU/

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Tuesday, October 18, 2011

Japan's aging air force plans major overhaul

Six T-4 trainers, teaming up for the Blue Impulse, show off their skill during their aerobatic flight over the Japan Self-Defense Forces's Hyakuri Air Base, north of Tokyo, Sunday, Oct. 16, 2011. (AP Photo/Shizuo Kambayashi)

Six T-4 trainers, teaming up for the Blue Impulse, show off their skill during their aerobatic flight over the Japan Self-Defense Forces's Hyakuri Air Base, north of Tokyo, Sunday, Oct. 16, 2011. (AP Photo/Shizuo Kambayashi)

Japan's Prime Minister Yoshihiko Noda reviews members of the Japan Self-Defense Force (SDF) during the annual Self-Defense Forces Commencement of Air Review at Hyakuri Air Base, north of Tokyo, Sunday, Oct. 16, 2011. (AP Photo/Shizuo Kambayashi)

Japan Self-Defense Force (SDF) members walk in front of F-15 J/DJ Fighter during the annual Self-Defense Forces Commencement of Air Review at Hyakuri Air Base, north of Tokyo, Sunday, Oct. 16, 2011. (AP Photo/Shizuo Kambayashi)

Japan's Prime Minister Yoshihiko Noda reviews members of the Japan Self-Defense Force (SDF) during the annual Self-Defense Forces Commencement of Air Review at Hyakuri Air Base, north of Tokyo, Sunday, Oct. 16, 2011. (AP Photo/Shizuo Kambayashi)

Japan's Prime Minister Yoshihiko Noda reviews members of the Japan Self-Defense Force (SDF) during the annual Self-Defense Forces Commencement of Air Review at Hyakuri Air Base, north of Tokyo, Sunday, Oct. 16, 2011. (AP Photo/Shizuo Kambayashi)

(AP) ? Warplanes bearing the bright red Rising Sun logo roared overhead Sunday as Japan held a once-every-three-years display to showcase one of the best air forces in Asia. The only problem ? most of its fighters were grounded.

Underscoring Japan's uphill battle in an increasingly heated race to control the skies over Asia, the air review came just a week after the country's entire F-15 fleet was ordered into its hangers for safety checks following a midair accident, the second such order in three months.

But in an effort to counterbalance big strides by China and Russia toward deploying new stealthy aircraft, Japan's Air Self-Defense Forces are about to get a multibillion dollar overhaul.

For Sunday's review, the F-15s ? the workhorse of Japan's air defenses ? were relegated to ground displays, either parked on the runway or allowed to taxi but not take off. Last weekend, an empty fuel tank burst and detached from a F-15 on a training flight, causing the grounding order. In July, an F-15 flying out of Okinawa crashed into the ocean. The pilot is listed as missing and presumed dead.

The accidents reinforced what military planners already knew: Japan's aging air force has seen better days. But after years of delays and budget battles, Japan is expected to announce by the end of December a new fighter deal that will likely shape Asian air security for decades to come.

"The JASDF is on the edge of becoming a major tool of power projection," said Michael Auslin, a Japan security expert with the American Enterprise Institute, a Washington, D.C.-based think tank. "With its fighter selection process, it will signal whether it intends to be qualitatively competitive with leading air forces around the region over the next generation."

Japan ? with 362 fighter jets, mostly F-15s, F-4s and F-2s ? is already one of the top air powers in the region.

But planners have long been concerned by the increasing age and expense of maintaining the fleet ? along with this country's ability to match the improving air capabilities of neighboring Russia and China. Japan has been using the F-15 as its centerpiece fighter since the early 1980s, though they have been updated over the years. Japan flies about 200 of the planes.

Tokyo's first choice was the United States' stealthy F-22 Raptor, which can cruise at supersonic speeds and is hailed by many aviation experts as the most advanced fighter in the skies. Japan is the only country where the F-22 is regularly deployed overseas, having done several rotations to the U.S. Kadena Air Base on the southern island of Okinawa.

Acquiring the F-22 would have been a quantum leap for Japan.

Because of its sensitive technology, the U.S. Congress has opposed selling the F-22 abroad. Budget restraints in the United States have further forced Washington to drastically reduce its own orders for the pricey plane, whose future is now cloudy.

With the F-22 out of the picture, Japan has set its sights on three jets as its next mainstay fighter ? the Lockheed F-35, Boeing's F/A-18 Super Hornet and the Eurofighter Typhoon. The hotly contested deal for more than 40 "F-X," or next generation, planes is worth upwards of $8 billion. The first planes are expected to begin arriving in 2016.

Japan is likely to go with one of the American options.

Washington is Tokyo's main ally. Roughly 50,000 U.S. troops are stationed in Japan under a security pact. Japan's air forces must work closely with their American counterparts, and using the same or similar equipment makes that easier.

Japan's main concerns are China and Russia ? with whom it has longstanding territorial disputes ? along with the threat of North Korean ballistic missiles.

China, whose military has been growing more capable and assertive in the region, recently rolled out its next-generation stealth fighter, the much-touted Chengdu J-20. Though that fighter may be years away from actual operations, it is seen as a rival to the F-22 and far superior to what Japan now has.

Russia, which is also making advances in its stealth capabilities, sent two strategic bombers on a mission to circumnavigate the Japanese islands last month ? a move seen as a test of the new government of Prime Minister Yoshihiko Noda, which had just been launched six days before.

"With the provocative actions of North Korea, and the rapid growth of China's military, along with its increased activity in nearby waters, the security situation around our country is becoming murkier," Noda said in a speech at the air review. "We must ask you to tighten the strings on your samurai helmets."

The growing military activity around Japan has been reflected in a sharp increase in emergency "scrambles" by Japanese fighters to respond to airspace violations. Scramble orders were issued 386 times last year ? up nearly 25 percent, according to the Defense Ministry. Virtually all were Chinese or Russian incursions.

Such challenges have given the overhaul plan a boost, despite Japan's steadily declining defense budget over the past decade ? a sharp contrast to China's double-digit growth.

They have also pushed Tokyo closer to Washington.

Last year, Japan agreed to allow tankers acquired in 2008 to conduct midair refueling of U.S. warplanes. The pact only provides for refueling during exercises, but experts say it a step toward bolstering the capability of both countries to jointly respond to regional threats.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2011-10-16-AS-Japan-Controlling-The-Skies/id-eeb62a197c5748e6919bd542a198b6c9

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Monday, October 17, 2011

Rioters hijack Rome protests, police fire tear gas

Protesters hurl objects at police in Rome, Saturday, Oct. 15, 2011. Protesters in Rome smashed shop windows and torched cars as violence broke out during a demonstration in the Italian capital, part of worldwide protests against corporate greed and austerity measures. The "Occupy Wall Street" protests, that began in Canada and spread to cities across the U.S., moved Saturday to Asia and Europe, linking up with anti-austerity demonstrations that have raged across the debt-ridden continent for months. (AP Photo/Gregorio Borgia)

Protesters hurl objects at police in Rome, Saturday, Oct. 15, 2011. Protesters in Rome smashed shop windows and torched cars as violence broke out during a demonstration in the Italian capital, part of worldwide protests against corporate greed and austerity measures. The "Occupy Wall Street" protests, that began in Canada and spread to cities across the U.S., moved Saturday to Asia and Europe, linking up with anti-austerity demonstrations that have raged across the debt-ridden continent for months. (AP Photo/Gregorio Borgia)

Protesters hurl objects at police in Rome, Saturday, Oct. 15, 2011. Protesters in Rome smashed shop windows and torched cars as violence broke out during a demonstration in the Italian capital, part of worldwide protests against corporate greed and austerity measures. The "Occupy Wall Street" protests, that began in Canada and spread to cities across the U.S., moved Saturday to Asia and Europe, linking up with anti-austerity demonstrations that have raged across the debt-ridden continent for months. (AP Photo/Gregorio Borgia)

Police officers fire tear gas in Rome, Saturday, Oct. 15, 2011. Protesters in Rome smashed shop windows and torched cars as violence broke out during a demonstration in the Italian capital, part of worldwide protests against corporate greed and austerity measures. The "Occupy Wall Street" protests, that began in Canada and spread to cities across the U.S., moved Saturday to Asia and Europe, linking up with anti-austerity demonstrations that have raged across the debt-ridden continent for months. (AP Photo/Gregorio Borgia)

Police officers fire tear gas in Rome, Saturday, Oct. 15, 2011. Protesters in Rome smashed shop windows and torched cars as violence broke out during a demonstration in the Italian capital, part of worldwide protests against corporate greed and austerity measures. The "Occupy Wall Street" protests, that began in Canada and spread to cities across the U.S., moved Saturday to Asia and Europe, linking up with anti-austerity demonstrations that have raged across the debt-ridden continent for months. (AP Photo/Gregorio Borgia)

Protesters attack a police van in Rome, Saturday, Oct. 15, 2011. Protesters in Rome smashed shop windows and torched cars as violence broke out during a demonstration in the Italian capital, part of worldwide protests against corporate greed and austerity measures. The "Occupy Wall Street" protests, that began in Canada and spread to cities across the U.S., moved Saturday to Asia and Europe, linking up with anti-austerity demonstrations that have raged across the debt-ridden continent for months. (AP Photo/Gregorio Borgia)

ROME (AP) ? Italian riot police fired tear gas and water cannons Saturday in Rome as violent protesters hijacked a peaceful demonstration against corporate greed, smashing bank windows, torching cars and hurling bottles.

Elsewhere, hundreds of thousands nicknamed "the indignant" marched without incident in cities across Europe, as the "Occupy Wall Street" protests linked up with long-running demonstrations against European governments' austerity measures.

Heavy smoke billowed in downtown Rome as a small group broke away and wreaked havoc in streets close to the Colosseum and elsewhere in the city.

Clad in black with their faces covered, protesters threw rocks, bottles and incendiary devices at banks and Rome police in riot gear. With clubs and hammers, they destroyed bank ATMs, set trash bins on fire and assaulted at least two news crews from Sky Italia.

Riot police charged the protesters repeatedly, firing water cannons and tear gas. Around 70 people were injured, according to news reports, including one man who tried to stop the protesters from throwing bottles.

TV footage showed one young woman with blood covering her face, while the ANSA news agency said a man had lost two fingers when a firecracker exploded.

In the city's St. John in Lateran square, police vans came under attack, with protesters hurling rocks and cobblestones and smashing the vehicles. Fleeing the violence, peaceful protesters stormed up the steps outside the Basilica, one of the oldest in Rome.

"People of Europe: Rise Up!" read one banner in Rome. Some activists turned against the violent group, trying to stop them and shouting "Enough!" and "Shame!"

Rome Mayor Gianni Alemanno blamed the violence on "a few thousand thugs from all over Italy, and possibly from all over Europe, who infiltrated the demonstration." Some Rome museums were forced to close down and at least one theater canceled a show.

Protesters also set fire to a building, causing the roof to collapse, reports said. The Defense Ministry denied reports it was one of its offices.

Premier Silvio Berlusconi called the violence a "worrying signal," and added that the perpetrators "must be found and punished."

Berlusconi barely survived a confidence vote Friday, with many questioning his leadership. Italy's debt burden is second only to Greece in the 17-nation eurozone and the country is rapidly becoming a focus of concern in Europe's debt crisis.

ANSA said four people from an anarchist group were arrested Saturday with helmets, anti-gas masks, clubs and hundreds of bottles in their car.

Elsewhere, bright autumn sunshine and a social media campaign brought out thousands across Europe.

In Spain, the Indignant Movement that began around-the-clock "occupation" protest camps in May which lasted for weeks held evening marches Saturday that converged on Madrid's Puerta del Sol plaza.

"There is a huge crowd here," said Elsa Varona, whose choir sang an excerpt from Giuseppe Verdi's Nabucco overture as the marchers arrived. Organizers said 300,000 people took part, but police did not offer an estimate.

Other Spanish cities including Barcelona, Seville, Valencia and Malaga hosted similarly well-attended gatherings."

Portuguese protesters angry at their government's handling of the economic crisis pushed against police lines in Lisbon, but officers stopped them from storming parliament. Portugal is one of three European nations ? along with Greece and Ireland ? that has had to accept an international bailout.

In Frankfurt, continental Europe's financial hub, 5,000 people protested at the European Central Bank, with some setting up a tent camp in front of the ECB building.

Wikileaks founder Julian Assange spoke to protesters outside St. Paul's Cathedral in London, calling the international banking system a "recipient of corrupt money."

The London demonstration swelled to several thousand people by early evening, and police said three were arrested. While protesters erected tents and gathered blankets, food and water to settle down for the evening, police urged them to leave, saying cathedral staff needed to prepare for Sunday services.

In Paris, marchers shook their fists and shouted as they passed the city's historic stock exchange, before congregating by the hundreds outside the ornate City Hall.

"Stand up Paris! Rise Up!" protesters shouted. "Sharing will save the world!"

The Greek capital of Athens has seen near-daily strikes and protests as the government fights to avoid bankruptcy, and Saturday was no different. Some 2,000 rallied outside parliament against a new austerity package being voted upon on Thursday, while teachers and civil servants held marches elsewhere in the city. In Thessaloniki, Greece's second city, 3,000 took part in a peaceful protest.

Several hundreds more marched in the German cities of Berlin, Cologne and Munich and the Austrian capital of Vienna, while protesters in Zurich, Switzerland's financial hub, carried banners reading "We won't bail you out yet again" and "We are the 99 percent."

That referred to the world's richest one percent, who control billions in assets while billions of others are struggling to make ends meet.

In Brussels, thousands of marched through the downtown chanting "Criminal bankers caused this crisis!" and pelted the stock exchange building with old shoes.

Protesters also accused NATO, which has its headquarters in Brussels, of wasting taxpayer money on the wars in Libya and Afghanistan, saying that one European soldier deployed to Afghanistan costs the equivalent of 11 high school teachers.

Some 300 activists rallied in Helsinki with homemade signs and stalls full of art and food.

Across the Atlantic, hundreds protested near the Toronto Stock Exchange and the headquarters of major Canadian banks to decry what they called government-abetted corporate greed. Protests were also being held in Montreal, Vancouver, Halifax and Winnipeg.

In New York, hundreds marched on a Chase bank to protest the role banks played in the financial crisis, and demonstrations culminated in an "Occupation Party" in Times Square.

In South Africa, about 50 activists rallied outside the Johannesburg Stock Exchange to demand more jobs, free education and universal healthcare.

Support for the anti-capitalist protest movement was light in Asia, where the global economy is booming. About 300 people turned out in Sydney, while another 200 chanted anti-nuclear slogans outside the Tokyo Electric Power Co., which operates the tsunami-hit Fukushima Dai-ichi nuclear plant. In the Philippines, 100 people marched on the U.S. Embassy in Manila.

_________

Selva wrote from London. Sylvia Hui in London, Slobodan Lekic in Brussels, Kristen Gelineau in Sydney, Mari Yamaguchi in Tokyo, Donna Bryson in Johannesburg, Demitris Nellas in Athens, Oliver Teves in Manila, Harold Heckle in Madrid, Juergen Baetz in Berlin, and David Mac Dougall in Helsinki tributed to this story.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2011-10-15-Wall%20Street%20Protests-World/id-3a77f372d033482fbe74f942ee576658

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