Thursday, November 1, 2012

October consumer morale drops to lowest in six months - GfK

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Nook HD review: a high-def tablet with the heart of a reader

Nook HD review a highdef tablet with the heart of a reader

Barnes & Noble knows where it stands in the tablet race. Sure, the company has been plugging away at the space since the day the Nook Color made its transformation into a full-fledged tablet, but the Nook, it seems, is rarely mentioned in the same breath as the Kindle Fire or Nexus 7, when discussing low-cost tablets. As such, the company seems to rarely mention its devices without discussing the competition -- Amazon in particular. In fact, at the launch event for the Nook HD and HD+, reps trotted out Kindle Fire HDs at every possible opportunity.

Seeing the two devices side by side, there's no question that Nook trumps the Fire in a number of categories, and the bookseller has gone a ways toward making the Nook HD stand out in a field full of bigger players. For one thing, the device is far more focused on the reading experience than the competition, a fact reflected in both hardware and UI decisions. The company has also taken a more aggressive approach toward marketing the device toward families. The question, then, is whether these features are enough to capture marketshare from the more prominent devices. See how the Nook HD stacks up after the break.

Continue reading Nook HD review: a high-def tablet with the heart of a reader

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Nook HD review: a high-def tablet with the heart of a reader originally appeared on Engadget on Tue, 30 Oct 2012 08:30:00 EDT. Please see our terms for use of feeds.

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Wednesday, October 31, 2012

Population bulge tests India's growth aspirations

(AP) ? Vijay Kumar clutched a worn plastic folder containing his high school diploma and his nursing aide certificate as he joined a long queue at an employment exchange in a New Delhi suburb. It's a familiar ritual. For six years he has struck out.

Kumar is one of the millions of young Indians who make up a population bulge that experts say will see India hit 1.6 billion people in less than 20 years, overtaking China as the world's most populated country. Over the next three to four decades India will become remarkably young, with more than half its population under 25.

India's politicians like to boast that the swelling youth population is a powerful rising tide that will propel the country into a global economic power while other Asian nations such as Japan grapple with graying majorities. They can point to China where a population spurt contributed to rising prosperity as a vast army of young people migrated from the countryside to the manufacturing heartlands in its south and east. But in India it just might become a waste of human potential on a monumental scale, another missed opportunity in a country perennially failing to deliver on its promise.

The burgeoning youth population "will be a dividend if we empower our young," Kapil Sibal, minister for human resource development, said recently. "It will be a disaster if we fail."

Young job seekers such as Kumar flock to some 900 state-run job centers across the country, where they vie for a limited number of entry-level jobs offered by the government and private companies. The government says 6.6 percent of India's workers are jobless, a figure that belies that harsh reality of the labor market where many eke out a subsistence level existence in menial, unsafe and backbreaking jobs. The situation is worse for young job-seekers with government statistics placing the number of unemployed higher at 10.5 percent.

Kumar grew up in the poverty-ridden eastern state of Bihar. Like countless others he moved to the Indian capital in search of employment.

"In Bihar, there was no hope of getting a job. It was a choice of migrating to Delhi or starving. It wasn't a choice, really," he said, at once dispirited and hopeful that the latest visit to the employment exchange will yield results.

The employment agency in the New Delhi suburb of Shahdara operates from one corner of a large unswept hall in a government building. Broken furniture lies at one end. A tangle of electrical wires and cobwebs hang from the ceiling. The walls are covered in dust. A slow moving ceiling fan whirls the dust in slow eddies.

Job applicants sit on a row of metal benches, shifting sideways till it's their turn at the single desk where a clerk with a computer and printer registers them to apply for openings. The jobs on offer are at the very lowest rung as clerks or office boys ? but as applicants say, it's a job.

Each day a couple of hundred applicants pass through the office. Fresh-faced young graduates registering for the first time. Older applicants, renewing their applications, are dejected and bitter at the futility of the exercise.

Rajinder Singh, the clerk, shrugs helplessly. "We post all the jobs there are. The problem is, there are too few openings and too many applicants," he said.

India's economy, the 10th largest in the world, is fast growing even considering its recent slowdown. Businesses want workers, the young especially.

But unlike in the economically struggling U.S. and Europe, where many highly skilled applicants are fighting over few jobs, only a minority of working-age Indians are qualified for skilled occupations.

The poor quality of education in India is partly to blame. Millions of job seekers have impressive sounding diplomas but many don't have the skills promised by those certificates from substandard colleges and technical institutes.

And as India's growth rate lags its potential, it's an ever bigger task for private companies to absorb the fast rising number of young job seekers. Despite low wages, foreign companies aren't rushing in to plug the gaps, wary of unpredictable turns in government policy, frequent strikes and other negatives.

Driven by their exposure to television and films showing the good life, young jobseekers have rising aspirations. Their inability to reach them is leading to enormous frustration.

Kumar gets hired by the day as a laborer with a house painting crew, sending part of his meager earnings back to his parents, itinerant farm workers.

Every six months he heads back to the exchange to renew his registration.

"My hopes are high. Each day I get by on hope," he said.

Seconds later, fatalism took over. "Whether I succeed or not, that is in God's hands."

There is concern that if growing numbers of young people in India do not find employment, or if they find themselves in dead-end jobs, the risk of political violence escalates, said Ashish Bose, a leading population expert.

India's economic and regional inequalities along with age-old caste, religious and class tensions provide ample cause for disgruntled young people to find a grievance to rally around, with the danger of them resorting to extremism.

India, with the world's largest chunk of illiterates at over 250 million, has to invest massively in technical and academic education, said Bose.

"Anyone who has some skill is potentially employable," he said.

Employment analysts say only 15 percent of working age Indians have the skills needed to find a good job ? a deficit the government is trying to address through public-private partnerships focused on worker training. But with millions of young people entering the job market each year, the sheer numbers dwarf any government-sponsored program to impart skill training to first time job seekers.

Job hunter Dharmender Singh Rawat's lack of success has not tempered his hopes of a better life.

Rawat trained as a bus driver, but couldn't find a job. He tried to enlist in the armed forces, but failed. Clean shaven and neatly dressed, Rawat is clear that he wants to cast off his humble lower middle class roots and pursue his upwardly mobile dreams.

On occasion he drops by the employment exchange to renew his registration on the unemployment roster.

Without a job, Rawat spends much of the day watching television soaps and dreaming of a house in affluent south Delhi and a Scorpio SUV.

"When I dream, I am a different person," he said.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-10-31-India-Employment%20%20Dreams/id-af06da05db124f2e9d6a07d362498fb1

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Shares down on bleak outlook and earnings reports

LONDON (Reuters) - UK shares fell on Wednesday, ending the month on a down note as a string of gloomy earnings and outlooks from firms such as Barclays and GlaxoSmithKline weighed on sentiment.

The FTSE 100 was down 1.2 percent, or 67 points, at 5,782.70 at the close, more than shedding the previous session's gains, led down by a forecast of no growth in production next year from BG Group.

The oil and gas firm's stock slid 13.7 percent in heavy volume of 16 times its 90-day average, taking 24 points off the FTSE 100 after reporting earnings results. Although the results came in ahead of consensus estimates, the company saw a weaker production outlook.

"Today's production downgrade wipes out much of the projected earnings-per-share growth for BG," Investec Securities said in a note, as downgraded the company's rating to "Sell" after the results, which were released a day earlier than markets expected.

BG's results are an example of a broader trend where beating expected earnings is not enough to satisfy the markets.

"Earnings estimates have come down 14 percent this year, so all the earnings growth that you were supposed to be generating in stocks this year is gone," Mike Ingram, market analyst at BGC Partners, said.

"Many companies have forecasts which are there to be beaten, and you expect it to be beaten... If you look at share price reaction around the actual announcement of results, I don't think there's any real correlation between good results and good performance or bad results and bad performance," he said, citing BG Group.

Several heavyweight firms who missed estimated results on Wednesday also saw bleak outlooks in the near future. Barclays shed 4.7 percent after its third-quarter profits fell by a fifth due to charges for mis-selling insurance. The bank also said that U.S. authorities had opened two new investigations against it.

Pharmaceutical company GlaksoSmithKline lost 2.4 percent after posting a fourth consecutive quarter in which Britain's biggest drugmaker missed sales and earnings expectations, with Chief Executive Andrew Witty warning that Europe would continue to weigh on the company "in the next quarter or two".

Among the gainers by those who reported results, Standard Life slightly missed expected sales, but still rose 2.2 percent after recording assets under management that came in ahead estimates by Bank of America-Merrill Lynch analysts.

"In overall terms, the new business numbers look reasonable to us given the headwinds of recession and upcoming regulatory change," Kevin Ryan, analyst at Investec, said in a note.

Beyond earnings, Tullow Oil rose 1.5 percent after confirming the oil group had made a discovery in its Twiga block in Kenya.

Trading volumes recovered to around the 90-day average after two days of suppressed activity due to the closure of U.S. markets as a huge storm battered New York.

(Additional reporting by Francesco Canepa; editing by Ron Askew)

Source: http://news.yahoo.com/tullow-leads-ftse-higher-discovery-report-082326170--finance.html

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Sony NEX-5R review: focusing and performance improvements make this cam a winner

DNP Sony NEX5R review focusing and performance improvements make this cam a winner

By some accounts, Sony botched the NEX-F3. Positioned as the successor to the fantastic C3, it replaced that camera's slim profile with a bulkier build, but sacrificed basic display tilt functionality in favor of a front-facing model. Image quality was fine, but focusing speeds fell short. Fortunately, the company has redeemed itself with the $750 NEX-5R. The mirrorless camera you'll read about today represents everything a successful update should: performance has been improved all around, the touchscreen tilts in every which way and the design has changed only for the better.

It's also the first Sony mirrorless cam to feature WiFi, along with the company's new PlayMemories Camera Apps. Wireless connectivity is undoubtedly becoming a popular addition in higher-end models, but that doesn't mean it's a feature users are demanding. With Samsung's upcoming Galaxy Camera, connectivity -- 4G in particular -- makes perfect sense, but how does that web experience transfer to a tiny 3-inch touchscreen? And does it detract from usability overall? Join us past the break for a closer look at this very capable 16.1-megapixel interchangeable lens camera.

Continue reading Sony NEX-5R review: focusing and performance improvements make this cam a winner

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Sony NEX-5R review: focusing and performance improvements make this cam a winner originally appeared on Engadget on Wed, 31 Oct 2012 10:00:00 EDT. Please see our terms for use of feeds.

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BLOG: What to Expect When Filing Sandy Insurance Claim ? CBS ...

By Jim Donovan: As some homeowners impacted by Hurricane Sandy inspect and review damage to their homes, many expect that insurance will help them make necessary repairs.

While traditional home owner policies will normally cover wind and water damage from above, such as if a tree crashed onto your home and rain comes in. Those policies will not cover rising water, in those cases you needed to have purchased flood insurance in advance of the storm.

When filing an insurance claim due to storm damage, there are some things you need to do to move that claim along because timing is everything.

1. Contact your insurance company immediately ? give them a telephone number or address where you can be reached at all times.

2. Make temporary repairs to prevent more damage as a result your house being exposed to the elements.

3. Be sure to document the damage with photos or video before you do any repairs whether they be inside or outiside your home.

4. Make sure that you keep reciepts for everything you do.

5. Separate damaged from undamaged property.
keep samples, (of fabric swatches and pieces of furniture) to offer proof of the claim.

6. If you haven?t been assigned an adjuster within a few days, contact your insurance company again. You?ll be asked to make a list of damaged or lost items for your adjuster.

7. Within 60 days you?ll need to file what?s known as a proof of loss. You?ll get the form from your adjuster. A proof of loss is a sworn statement that substantiates the claim and includes a detailed estimate to replace or repair the damage. Without it, the insurance company won?t make a payment.

But again document everything!

For telephone numbers to contact your insurance carrier visit:
http://bit.ly/oxyotB

Source: http://philadelphia.cbslocal.com/2012/10/30/blog-what-to-expect-when-filing-sandy-insurance-claim/

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Tuesday, October 30, 2012

Home Improvement Grants - Life Was Beautiful

If you are trying to sell your property in the current real
estate market, you may not be able to get the price that you desire. To
increase the value of your home by remodeling, repairing and upgrading
your home, you may qualify for US government's home improvement grants.
This is a great way to improve the value of your property without
spending your own money or taking a loan.
By applying to a home improvement grant you may get free money from the government to upgrade, remodel and improve your property. Grants for home repair are interest and tax free funds that do not have to be paid back. All that is required to qualify for the grants is to be an American tax paying citizen over the age of 18. Additionally, you can apply to as many governments home improvement grants and private organizations offering grant programs that you qualify for.


As these home improvement funds are not loans, there is typically no need for collateral, income verification or a co-signer. These funds are provided by local and state government agencies regardless of the individual's credit history. Just be sure to use the grant funds according to the terms of the particular grant awarded and the money is yours to improve your home. When you search the updated online database of grant funds, make sure you check out the various available categories and apply to those that meet your specific needs.
Some of the home improvement grants are provided to help those who need to modify their home to make it handicap accessible. Other grants are provided to upgrade your home to make it energy efficient and develop your community. You may qualify for thousands of dollars in free grant money to turn your dream home into a reality.

Access Government Grant Sources [http://www.grantdirect.info/sources.html] to help you find and apply for free grant money that never has to be paid back. See how much you qualify to receive by searching the grants directory now.

Source: http://lifewasbeautifulk.blogspot.com/2012/10/home-improvement-grants-free-money-to.html

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