Wednesday, April 24, 2013

Funeral held for marathon bombing's youngest victim

BOSTON (AP) ? The youngest victim of the Boston Marathon bombing, 8-year-old Martin Richard, was buried Tuesday and is now at peace, his family said.

A private funeral Mass was held in the morning for Martin, followed by his burial, a statement said. Only immediate family members attended.

"The outpouring of love and support over the last week has been tremendous," the Richards' statement said. "This has been the most difficult week of our lives and we appreciate that our friends and family have given us space to grieve and heal."

The family, from Boston's Dorchester neighborhood, said it would hold a public memorial service in the coming weeks to celebrate Martin's life.

The boy was among three people killed when two bombs exploded at the finish line of the Boston Marathon on April 15. His mother and 6-year-old sister were among the more than 260 others wounded.

[Related: The latest on the Boston Marathon bombings]

Krystle Campbell, 29, of Medford, and Lu Lingzi, a 23-year-old Boston University graduate student from China, also died in the attack. On Monday, Campbell's funeral was at St. Joseph Church in Medford, Mass., and a memorial for Lu took place on Boston University's campus hours later.

Massachusetts Institute of Technology police Officer Sean Collier was fatally shot three days after the bombing, allegedly by the suspects. His private funeral happened Tuesday.

On Wednesday, MIT will hold a memorial service for Collier. Vice President Joe Biden is scheduled to attend.

MIT students and thousands of law enforcement officers also are expected to attend, but the university says the event isn't open to the public.

Source: http://news.yahoo.com/funeral-held-boy-8-killed-marathon-bomb-165254438.html

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How a Little Piece of Rock Could Turn the Global Economy Upside ...

Monday, April 22nd, 2013
By Mitchell Clark, B.Comm. for Profit Confidential

Little Piece of Rock Could Turn the Global EconomyIt is not usually a good idea to try and catch a falling piano.

So much change is in the air: the stock market breakout, declining commodity prices, and a world awash in cash.

Thinking about gold, it is just a piece of soft rock. But it?s a rock with a special connotation and with unique properties. It did a fantastic job helping the space shuttle, and a lot of people think it looks pretty good.

The first gold jewelry-makers must have been jumping for joy when they found a shiny rock they could shape without breaking. I read that approximately just 10% of gold production is used in industry; the rest is for jewelry and physical investment.

Because people throughout the centuries attributed value to gold, the soft rock has some worth.

Today, gold prices are determined by derivative traders, central banks, and what barterers believe it to be worth. This is not a group of market-makers that inspires confidence.

I certainly see a role for a little gold as part of an overall portfolio. It has always been a diversification, fear, and inflation-related hedging tool.

With lower gold prices, gold miners are struggling on the stock market. Even the best-quality, fastest-growing gold miners can?t get their stocks to move.

This is the inherent difficulty with resource stocks, and it will never change.

Predicting gold prices is a crapshoot. For the most part, it seems to me that gold prices just trade off their near-term directional momentum, save for a shock. Figures on the supply and demand of the commodity seem to play a lesser role in its price determination compared to other commodities, like oil, for example. (See ?A Top Stock with Increasing Dividends and Record Profits.?)

The value attributed to gold by financial market participants offers little reliability. Making investments on an underlying commodity that is referred to as not only a store of value, but also a gauge of fear, is only about the current price momentum. That?s why the herd mentality in gold prices is so powerful.

I have no idea where gold prices are going. Last year, I thought that gold?s price momentum would resume, but clearly, this was not the case. Regardless of what happens to the value of this commodity, it really is just an asset for the sidelines of a portfolio.

The last time there was a spectacular bull market in U.S. dollar gold was in the late 1970s. After gold prices collapsed in the 1980s, another bull market ensued. That bull market was in the stock market.

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Source: http://www.profitconfidential.com/gold-stocks/gold/how-a-little-piece-of-rock-could-turn-the-global-economy-upside-down/

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Wednesday, April 17, 2013

Plea deal sought by U.S. soldier accused in Iraq killings: lawyer

Apr 15 (Reuters) - Leading money winners on the 2013 PGATour on Monday (U.S. unless stated): 1. Tiger Woods $4,139,600 2. Brandt Snedeker $3,137,920 3. Matt Kuchar $2,442,389 4. Adam Scott (Australia) $2,100,469 5. Steve Stricker $1,935,340 6. Phil Mickelson $1,764,680 7. Dustin Johnson $1,748,907 8. Jason Day $1,659,565 9. Hunter Mahan $1,553,965 10. Keegan Bradley $1,430,347 11. Charles Howell III $1,393,806 12. John Merrick $1,375,757 13. Russell Henley $1,331,434 14. Michael Thompson $1,310,709 15. Kevin Streelman $1,310,343 16. Bill Haas $1,271,553 17. Billy Horschel $1,254,224 18. ...

Source: http://news.yahoo.com/plea-deal-talks-underway-us-soldier-accused-iraq-202945308.html

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Eric Schmidt: Google now at 1.5 million Android activations per day

Eric Schmidt Google now at 15 million Android activations per day

There's a Google exec speaking at a tech conference, and that means one thing: more Android statistics. At Dive Into Mobile today, Executive Chairman Eric Schmidt confirmed that the company is now seeing 1.5 million Android activations per day, which is up from 1.3 million per day last fall and 1.4 million as of last month (seemingly an uptick after a short period of slower growth). Schmidt also says that the company remains on track for one billion total devices by the end of the year, which would be a sizeable increase from the 750 million that CEO Larry Page confirmed in his most recent statement last month. Schmidt further notes that the key to that future growth -- or reaching the "next five billion people looking to get connected," as he puts it -- will be the $100 price point, something he suggests they'll quickly get to.

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

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