Head of 'faster-than-light' neutrinos team resigns

Italy's National Institute of Nuclear Physics said Friday that Antonio Ereditato had stepped down from the leadership of the OPERA experiment, whose measurements on the?speed?of neutrinos were widely questioned when they were announced in September.

The scientist who headed a European research team that last year measured particles traveling faster than?light?has resigned, weeks after a rival team cast doubt on the accuracy of those readings.

Skip to next paragraph

Italy's National Institute of Nuclear Physics said Friday that Antonio Ereditato had stepped down from the leadership of the OPERA experiment, whose measurements on the?speed?of neutrinos were widely questioned when they were announced in September.

Ereditato confirmed his resignation to The Associated Press in an email but declined to comment further.

The OPERA team itself had cautioned in September that the measurements needed to be checked by independent researchers because they appeared to go against a key tenet of modern physics ? that nothing can travel faster than?light.

Breaking that rule, which underlies Albert Einstein's famous special theory of relativity, could have opened the door to a new kind of physics in which time travel and warp?speeds?might be possible.

In February, the OPERA team acknowledged that it had found a flaw in the technical setup of its experiment that could have affected the measurements, but held off on calling them wrong.

Then, earlier this month, a rival team called ICARUS clocked neutrino?speeds?using a different experiment and found they behaved just as expected. They traveled at, but no faster than,?light?speed.

OPERA, ICARUS and two other teams will try to settle the issue once and for all by conducting further tests at the European Organization for Nuclear Research, or CERN, in May.

stanford oregon velasquez vs dos santos velasquez vs dos santos manny pacquiao vs. juan manuel marquez manny pacquiao vs. juan manuel marquez cain velasquez vs dos santos cain velasquez vs dos santos

Recovery threatened by runaway student loan debt

WASHINGTON (AP) ? The federal student loan program seemed like a great idea back in 1965: Borrow to go to college now, pay it back later when you have a job.

But many borrowers these days are close to flunking out, tripped up by painful real-life lessons in math and economics.

Surging above $1 trillion, U.S. student loan debt has surpassed credit card and auto-loan debt. This debt explosion jeopardizes the fragile recovery, increases the burden on taxpayers and possibly sets the stage for a new economic crisis.

With a still-wobbly jobs market, these loans are increasingly hard to pay off. Unable to find work, many students have returned to school, further driving up their indebtedness.

Average student loan debt recently topped $25,000, up 25 percent in 10 years. And the mushrooming debt has direct implications for taxpayers, since 8 in 10 of these loans are government-issued or guaranteed.

President Barack Obama has offered a raft of proposals aimed at fine-tuning the system and making repayments easier. Yet the predicament of debt-burdened former students has failed to generate much notice in the GOP presidential campaign. Instead, the candidates are dismissive of government student loan programs in general and Obama's proposals in particular.

Rick Santorum went so far as to label Obama "a snob" for urging all Americans to try to obtain some form of post-high-school education ? even though some polls show over 90 percent of parents expect their children to go to college.

Front-runner Mitt Romney denounces what he calls a "government takeover" of the program. Newt Gingrich calls student loans a "Ponzi scheme" under which students spend the borrowed money now but will "have to pay off the national debt" later in life as taxpayers. And Ron Paul wants to abolish the program entirely.

Lifting student debt higher and higher is the escalating cost of attending schools, with tuition increasing far faster than the rate of inflation. And enrollment has been rising for years, a trend that accelerated through the recent recession, fueling even more borrowing.

Mark Zandi, chief economist at Moody's Analytics, argues that government loans and subsidies are not particularly cost-effective for taxpayers because "universities and colleges just raise their tuition. It doesn't improve affordability and it doesn't make it easier to go to college."

"Of course, it's very hard on the kids who have gone through this, because they're on the hook," Zandi added. "And they're not going to be able to get off the hook."

It's not just young adults who are saddled.

"Parents and the federal government shoulder a substantial part of the postsecondary education bill," said a new report by the Federal Reserve Bank of New York. And some of the borrowers are baby boomers, near or at retirement age. The Fed research found that Americans 60 and older still owe about $36 billion in student loans.

Overall, nearly 3 in 10 of all student loans have past-due balances of 30 days or more, the report said.

Complicating the picture further: Like child support and income taxes, student loans usually can't be discharged or reduced in bankruptcy proceedings, as can most other delinquent debt. This restriction was extended in 2005 to also include student loans made by banks and other private financial institutions.

"This could very well be the next debt bomb for the U.S. economy," said William Brewer, president of the National Association of Consumer Bankruptcy Attorneys.

"As bankruptcy lawyers, we're the first to see the cracks in the foundation," Brewer said. "We were warning of mortgage problems in 2006 and 2007. The industry was saying we've got it under control. Nobody had it under control. Now we're seeing the same signs of distress. We're seeing huge defaults on student loans and people driven into financial difficulties because of them."

A report by his group noted that missing just one student loan payment puts a borrower in delinquent status. After nine months, the borrower is in default. Once a default occurs, the full amount of the loan is due immediately. For those with federal student loans, the government has vast collection powers, including the ability to garnishee a borrower's wages and to seize tax refunds and Social Security and other federal benefit payments.

Nigel Gault, chief U.S. economist at IHS Global Insight, said the student loan crisis may not torpedo the financial sector as the mortgage meltdown nearly did in 2008, but it could slam taxpayers and the still-ailing housing market.

"When student loans don't get repaid, debts are going to be transferred from the borrower to the taxpayer," further raising federal deficits, he said. And overburdened student-loan borrowers may fail to qualify for mortgages and "stay much longer in their parents' homes," Gault said. Young adults forming households have historically been the bulk of first-time home buyers ? and their scarcity could dampen any housing recovery.

"When kids do graduate, the most daunting challenge can be the cost of college," Obama said in his State of the Union address, asking Congress to extend a temporary cut ? due to expire in July ? in federal student-loan rates. The reduced federal rate is now 3.4 percent. It the cuts aren't extended, it will rise to 6.8 percent.

Still, Obama said: "We can't just keep subsidizing skyrocketing tuition. We'll run out of money."

Obama also asked Congress to extend the current tuition tax credit, double work-study jobs over five years and let borrowers consolidate multiple student loans at reduced interest rates.

But in this intensely partisan year, any congressional action seems dubious.

"I wish I could tell you that there's a place to find really cheap money or free money and pay for everyone's education, but that's just not going to happen," Romney says. "Now the government is taking over the student loan business. I think you'll get less competition."

The government has not taken over the student loan business. The private loan industry is still writing student loans, usually at interest rates far above the government ones.

What the Republicans are zeroing in on is a section in Obama's health care overhaul that eliminated big banks as middlemen in managing federal school-loan programs. Also, the new federal Consumer Financial Protection Bureau is clamping down on the lightly regulated private student loan industry.

Santorum, who now says calling Obama a "snob" for promoting higher education was "probably not the smartest" choice of words, has been seeking to rally blue-collar support by emphasizing that many jobs do not require college degrees ? and suggesting many colleges are liberal bastions.

___

Follow Tom Raum at http://www.twitter.com/tomraum

Associated Press

roasted pumpkin seeds pumpkin seed recipe mark madoff disturbia michael myers power outage snow storm

Romney pads delegate lead with DC, Maryland wins

[ [ [['beyond the incredible personal tragedy', 3]], 'http://news.yahoo.com/stand-ground-laws-not-just-gop-policy-records-053103956.html', '[Related: \?Stand your ground\? laws not just GOP policy\, records show]', ' ', '630', ' ', ' ', ], [ [['A JetBlue flight from New York to Las Vegas', 3]], 'http://yhoo.it/GV9zpj', '[Related: View photos of the JetBlue plane in Amarillo]', ' ', '630', ' ', ' ', ], [ [['Afghan security forces and police killed three', 3]], 'http://yhoo.it/H9BcJE', '[Related: Bales\' wife on his alleged shooting: \'He would not do that\']', ' ', '630', ' ', ' ', ], [ [['looking for fireworks between the opposing camps', 16]], 'http://yhoo.it/GSvEsj', '[RELATED:\?It?s going to be a circus\?: Activists begin protests outside Supreme Court]', ' ', '630', ' ', ' ', ], [ [['entirely respectable way to put off the searing constitutional controversy', 8]], 'http://yhoo.it/GE6jSh', '[RELATED: Obama\?s health care law passed 2 years ago, but where are we now\?]', ' ', '630', ' ', ' ', ], [ [['Witnesses said the gunman pulled up on a black scooter', 7]], 'http://yhoo.it/GzwOIW', '[Related: New York police tighten security at Jewish sites]', ' ', '630', ' ', ' ', ], [ [['test Zimmerman for alcohol or drugs', 11]], 'http://yhoo.it/Gzn6VF', '[Related: White House says Trayvon Martin is local issue]', ' ', '630', ' ', ' ', ], [ [['This is as serious of a tornado', 7]], 'http://news.yahoo.com/photos/tornadoes-touch-down-in-texas-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120403/trucksdallas.jpg', '630', ' ', 'Reuters', ], [ [['Oikos University', 8]], 'http://news.yahoo.com/photos/deadly-oakland-university-shooting-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120402/shooting.jpg', '450', ' ', 'REUTERS/Reuters TV/KNTV/Handout', ], [ [['Trayvon Martin decked the Neighborhood', 7]], 'http://yhoo.it/GUovUP', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/2/61/261d2c36bccf0971c2734a4d4398aa5a.jpeg', '512', ' ', 'AP/David Goldman', ], [ [['Can you create commerce in order to regulate it', 9]], 'http://yhoo.it/GSgtu8', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/7/78/778e2416573870cd705774e92403447d.jpeg', '630', ' ', 'AP/Charles Dharapak', ], [ [['associated with such a small earthquake', 4]], 'http://yhoo.it/GTco9z', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/0/b4/0b493c1a47b6e3f97f8f48a2b251d7d4.jpeg', '630', ' ', 'AP Photo/Carrie Antlfinger', ], [ [['Fox News host Geraldo Rivera sparked outrage', 3]], 'http://yhoo.it/GKMVTk', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/2/7c/27c7367bc512d233ae1790b320a5e92c.jpeg', '630', ' ', 'AP Photo/John Minchillo', ], [ [['The charges signed against Bales include', 1]], 'http://yhoo.it/wZT5zV', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/7/a0/7a07c51b2aa0f39b1a23355046d13870.jpeg', '512', ' ', 'AP Photo/DVIDS\, Spc\. Ryan Hallock\, File', ], [ [['George Zimmerman, if I had a son', 6]], 'http://news.yahoo.com/photos/thousands-protest-fla-teen-death-1332387124-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/os/152/2012/03/22/d761a49f3fcc99080a0f6a70670053cd-jpg_150905.jpg', '500', ' ', 'AP Photo/John Minchillo', ], [ [['xxxxxxxxxxxx', 11]], 'http://news.yahoo.com/photos/russian-grannies-win-bid-to-sing-at-eurovision-1331223625-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/1/56/156d92f2760dcd3e75bcd649a8b85fcf.jpeg', '500', ' ', 'AP', ] ]

[ [ [['because I know God protects me', 14], ['Brian Snow was at a nearby credit union', 5]], '28811216', '0' ], [ [['The state news agency RIA-Novosti quoted Rosaviatsiya', 6]], '28805461', '0' ], [ [['measure all but certain to fail in the face of bipartisan', 4]], '28771014', '0' ], [ [['matter what you do in this case', 5]], '28759848', '0' ], [ [['presume laws are constitutional', 7]], '28747556', '0' ], [ [['has destroyed 15 to 25 houses', 7]], '28744868', '0' ], [ [['short answer is yes', 7]], '28746030', '0' ], [ [['opportunity to tell the real story', 7]], '28731764', '0' ], [ [['entirely respectable way to put off the searing constitutional controversy', 7]], '28723797', '0' ], [ [['point of my campaign is that big ideas matter', 9]], '28712293', '0' ], [ [['As the standoff dragged into a second day', 7]], '28687424', '0' ], [ [['French police stepped up the search', 17]], '28667224', '0' ], [ [['Seeking to elevate his candidacy back to a general', 8]], '28660934', '0' ], [ [['The tragic story of Trayvon Martin', 4]], '28647343', '0' ], [ [['Karzai will get a chance soon to express', 8]], '28630306', '0' ], [ [['powerful storms stretching', 8]], '28493546', '0' ], [ [['basic norm that death is private', 6]], '28413590', '0' ], [ [['songwriter also saw a surge in sales for her debut album', 6]], '28413590', '1', 'Watch music videos from Whitney Houston ', 'on Yahoo! Music', 'http://music.yahoo.com' ], [ [['keyword', 99999999999999999999999]], 'videoID', '1', 'overwrite-pre-description', 'overwrite-link-string', 'overwrite-link-url' ] ]

the vow the voice season 2 ron paul maine safe house jay z and beyonce baby cpac powell

US offers $10 million for Pakistani militant chief

FILE - In this April 11, 2011 file photo, Lashkar-e-Taiba founder Hafiz Saeed, attends a ceremony in Islamabad, Pakistan. The United States has offered a $10 million bounty for the founder of the Pakistani militant group blamed for the 2008 attacks in the Indian city of Mumbai that killed 166 people. (AP Photo/Anjum Naveed,File)

FILE - In this April 11, 2011 file photo, Lashkar-e-Taiba founder Hafiz Saeed, attends a ceremony in Islamabad, Pakistan. The United States has offered a $10 million bounty for the founder of the Pakistani militant group blamed for the 2008 attacks in the Indian city of Mumbai that killed 166 people. (AP Photo/Anjum Naveed,File)

ISLAMABAD (AP) ? The United States has offered a $10 million bounty for the founder of the Pakistani militant group blamed for the 2008 attacks in the Indian city of Mumbai that killed 166 people, a move that could complicate U.S.-Pakistan relations at a tense time.

Hafiz Mohammad Saeed founded Lashkar-e-Taiba in the 1980s, allegedly with Pakistani support to pressure archenemy India over the disputed territory of Kashmir. Pakistan banned the group in 2002 under pressure from the U.S., but it operates with relative freedom ? even doing charity work using government money.

The U.S. has designated Lashkar-e-Taiba and its social welfare wing Jamaat-ud-Dawwa as foreign terrorist organizations. Intelligence officials and terrorism experts say the group has expanded its focus beyond India and has plotted attacks in Europe and Australia. Some have called it "the next al-Qaida" and fear it could set its sights on the U.S.

Saeed operates openly in Pakistan, giving public speeches and appearing on TV talk shows. The U.S. also offered up to $2 million for Lashkar-e-Taiba's deputy leader, Hafiz Abdul Rahman Makki, who is also Saeed's brother-in-law.

The reward for "information leading to the arrest and conviction" of Saeed is one of the highest offered by the U.S. and is equal to the amount for Taliban chief Mullah Omar. Only Ayman al-Zawahri, who succeeded Osama bin Laden as al-Qaida chief, fetches a higher bounty at $25 million.

The bounties were posted on the U.S. State Department Rewards for Justice website late Monday.

The website describes Saeed as a former professor of Arabic and engineering who heads an organization "dedicated to installing Islamist rule over parts of India and Pakistan." It also noted that six of the people killed in the 2008 Mumbai attacks were American citizens.

A Pakistani-American, David Coleman Headley, has pleaded guilty in a U.S. court to helping Lashkar-e-Taiba plan the Mumbai attacks.

Indian External Affairs Minister S.M. Krishna welcomed the U.S. announcement, saying it would signal to Lashkar-e-Taiba and its patrons that the international community remains united in fighting terrorism.

"The decision reflects the commitment of India and the United States to bring the perpetrators of the Mumbai terrorist attack to justice and continuing efforts to combat terrorism," he said.

The move comes at a particularly tense time in the troubled relationship with the U.S. and Pakistan. Pakistan's parliament is currently debating a revised framework for relations with the U.S. in the wake of American airstrikes in November that killed 24 Pakistani soldiers at two posts along the Afghan border.

Pakistan retaliated by kicking the U.S. out of a base used by American drones and closing its border crossings to supplies meant for NATO troops in Afghanistan.

The U.S. hopes the parliamentary debate will result in Pakistan reopening the supply lines. The closure has been a headache for the U.S. because it has had to spend more money sending supplies through an alternate route that runs through Central Asia. It also needs the route to withdraw equipment as it seeks to pull most of its combat forces out of Afghanistan by the end of 2014.

But it's unclear whether the U.S. will be willing to meet Pakistan's demands, which include higher transit fees for the supplies and an unconditional apology for the airstrikes, which the U.S. has said were an accident. Pakistan has also demanded an end to American drone strikes in Pakistan, but it's unclear if that will be tied to the reopening of the supply line.

The bounty on Saeed could complicate the process even further. Pakistan could see the U.S. announcement as a provocation. Islamabad will likely be reluctant to act given the government's historical links with Saeed and the political danger of being seen as doing Washington's bidding in a country where anti-American sentiment is rampant.

Saeed has been particularly high-profile over the last few months as part of the leadership of the Difa-e-Pakistan, or Defense of Pakistan Council, which has held a series of large demonstrations opposing the resumption of NATO supplies and reconciliation with India.

A close aide to Saeed, Yahya Mujahid, claimed the U.S. decision to announce a bounty was driven by these activities. "It is another attack on Islam and Muslims by the Americans," he said.

Lashkar-e-Taiba, which means Army of the Pure, belongs to the Salafi movement, an ultraconservative branch of Islam similar to the Wahabi sect ? the main Islamic branch in Saudi Arabia from which al-Qaida partly emerged. Lashkar-e-Taiba and al-Qaida operate separately but have been known to help each other when their paths intersect.

Analysts and terrorism experts agree that Pakistan's intelligence agency, known as the ISI, is still able to control Lashkar-e-Taiba, though the ISI denies it.

After it was banned by the Pakistani government in 2002, Lashkar-e-Taiba began operating under the name of Jamaat-ud-Dawwa, its social welfare wing.

It carries out charitable works in scores of villages ? partially funded by the Punjab provincial government. It has used national disasters, such the devastating floods in 2010, as recruitment and fundraising opportunities.

Pakistan's tolerance of Lashkar-e-Taiba is rooted in its fear of neighboring India, with which it has fought three wars in 65 years. Analysts believe Pakistan still sees the group as useful in pressuring India, especially over Kashmir.

There are also fears about what would happen if Pakistan tried to crack down on the group, as it did with some other groups under U.S. pressure in the wake of the Sept. 11, 2001 attacks. It lost control of some who turned against their former patrons, and found itself also dealing with homegrown extremists. Lashkar-e-Taiba has so far refused to turn against the government and attack inside Pakistan.

___

Associated Press writer Nirmala George contributed to this report from New Delhi.

Associated Press

enemy of the state golden globe nominees joe philbin miss america pageant 2012 shipwreck jose aldo vs chad mendes lana del rey

Even Detroit Gets a Boost With Local Income Taxes at 4-Year High ...

Ionia, Michigan, borrowed half asmuch for a new fire truck last year as it planned, and its maindrag is freshly paved. The benefactor: its income tax.

As the U.S. begins to shake off a recession that bankruptedtwo Michigan automakers, and factories rehire thousands, most ofthe state?s 22 cities with income taxes are getting a windfall.Historically, a volatile levy of last resort because the revenuevaries with economic conditions, it has become a vital safetynet as property taxes flag.

?We are lucky that our income stream is diverse,? IoniaCity Manager Jason Eppler said. ?If we had to rely only onproperty tax and state aid, we?d be in a lot worse shape.?

Ionia?s income-tax receipts rose 33 percent in 2011 from2010. Even Detroit, trying to avoid running out of money thisyear, got a 3 percent gain in 2011, reaching a four-year high,according to U.S. Census Bureau estimates. new York, Baltimore,Pittsburgh and Youngstown, Ohio, also had gains.

?This is all very unusual,? said Eric Scorsone, aneconomist at Michigan State University in East Lansing whocompiled data on income-tax revenue. ?Property taxes havealways been so stable. Now, from a public-financing standpoint,income taxes are providing more stability. a lot of it is drivenby higher pay for existing workers and people working longerhours.?

Local income-tax receipts across the U.S. for the 12 monthsended December 2011 rose 14 percent to the highest since 2008,the previous peak, to $19.9 billion, according to Census data.Local property taxes fell about a third of 1 percent to $453billion, the second-straight annual decline.

More than 4,900 local governments, covering about 23million people in 17 states, have income taxes, according to theTax Foundation, a Washington-based research group. As many as ahalf dozen Michigan cities are considering them, said JohnKaczor, principal for Municipal Analytics LLC in Ann Arbor.

?There has been a significant increase in interest becauseproperty taxes will take decades to recover,? said Kaczor, whoconsults with cities on income-tax proposals. ?They aren?tnecessarily popular, but there are limited other options toincrease revenue.?

Municipalities should consider diversity of revenueregularly, said Jeffrey Esser, chief executive of theGovernment Finance Officers Association in Chicago, whichprovides training and advice.

?The last recession was different than most,? Esser said.?For all those previous recessions, once source that didn?tusually fluctuate that much was property tax. This is a snapshotat a moment in time and it may not be very reliable in makingprojections.?

Auto sales pushed Michigan?s economy in January to itshighest in six years, according to Comerica Bank?s monthlyactivity index. Michigan trailed only North Dakota for economicimprovement since the third quarter of 2009 through the fourthquarter of last year, according to the Bloomberg EconomicEvaluation of States.

Local income-tax receipts collected in the state rose 4percent last year to about $134.4 million as property tax fell 4percent to $2.58 billion, according to Scorsone?s analysis. Thathelps explain why more cities weren?t taken over, he said. Sixcities or school districts are under state financial controlthis year.

In Ionia, 130 miles (210 kilometers) northwest of Detroit,a third of the income-tax gain is from about 400 new jobsrelated to the auto industry. also, residents who were alreadyworking are getting more hours, Scorsone said.

The city, which expected to borrow $400,000, was able topay $230,000 in cash toward a 2011 pumper truck that cost$465,000, Eppler said. The 33-foot-long fire engine replaced a21-year-old model in a seven-vehicle fleet, he said.

A budget surplus helped the city provide matching money toenable a state highway project, Eppler said. The town is home tofour prisons, which make up 5,000 of its 11,200 residents.

In Detroit, 14,000 new people hired downtown as part ofbusiness development there helped income-tax revenue rise to$223.6 million last year, Mayor Dave Bing said in an interview.The city figures workers owe another $200 million, he said.

City income taxes began after the Great Depression,according to the Tax Foundation report.

The first emerged in Philadelphia in 1939, the group said.Pennsylvania leads all states, with more than 2,900 localincome-tax jurisdictions, according to the Tax Foundation.

Pittsburgh collected $71.8 million from it in 2011,compared with the budgeted estimate of $70.4 million, accordingto Joanna Doven, a spokeswoman for Mayor Luke Ravenstahl.

Controller Michael Lamb said in a telephone interview thatthe city likely will report a budget surplus for 2011.

Communities that impose taxes pay a price in lostdevelopment as companies and residents locate in towns withoutextra costs, said Travis Brown, chairman of the Kansas City,Missouri, group let Voters Decide.

Brown led a campaign for a ballot initiative to block thelocal spread of income taxes in Missouri and require theirregular reauthorization in St. Louis and Kansas City. He isbacking efforts to get statewide income taxes repealed inMissouri, Kansas, Oklahoma and new Jersey.

?This is all based on a failed assumption that income wasnot mobile,? Brown said. ?Mayors figured the jobs weren?tlikely to move. Well, they moved.?

For now, cities are just glad for breathing room, said KyleMiasek, deputy finance director in Youngstown. in his town,income-tax revenue rose about 6.9 percent last year, letting thecity match funds from a state program to demolish some of its2,000 vacant structures and bolster a program to help smallbusinesses.

?At least we?re moving in the right direction again,?Miasek said in an interview. ?We had a pretty sizable declineand, without it, the dent would be even deeper.?

To contact the reporter on this story:Jeff Green in Southfield, Michigan, at ;

To contact the editor responsible for this story:Mark Tannenbaum at .

old navy cyber monday best deals cyber monday best deals brownback brownback salvia cybermonday deals

Cleveland Commercial Real Estate For Rent/Lease in Brooklyn ...

For Rent/Lease at 4595 Van Epps in Brooklyn Heights

Hot off the presses: Cleveland Commercial Real Estate?s Weston Inc. has space for lease or rent in Brooklyn Heights, Ohio.

The?facility located at 4595 Van Epps Road features 40,000 square feet with 4,600 square feet of offices. It is equipped with 5 docks, 1 drive-in, and ceiling heights up to 24?.? The location is?central to all of Cleveland?s major highways and to its downtown area.

With new paint, carpet, and ceiling tile in the offices, the?facility has been transformed! In addition there is high efficiency lighting in the warehouse, and?comes with plenty of parking

Weston Inc., the landlord of choice for this and many other facilities, is flexible and creative in getting the deal done. Contact us today and move in tomorrow.

This entry was posted in Announcements, Leasing Renting. Bookmark the permalink.

no child left behind neurofibromatosis steve jobs fbi file suge knight obama birth control mortgage settlement macauly culkin

BSkyB chairman James Murdoch to quit

LONDON?? James Murdoch, under fire over his handling of a phone hacking scandal that has convulsed his father Rupert's media empire, is to step down as chairman of pay-TV group BSkyB, its news channel reported on Tuesday.

The report said Murdoch would quit after a board meeting later in the day. Neither BSkyB nor News Corp, where Murdoch is deputy chief operating officer, would comment.

Murdoch has been heavily criticized for his handling of the scandal, which rocked the British press, politicians and police last year, and he had faced repeated calls to step down from his role at Britain's dominant pay-TV group.

The 39-year-old son of Rupert Murdoch, once seen as heir to his father's company, has also continued to plead his innocence ahead of a parliamentary report investigating the phone hacking scandal, which is expected to be heavily critical of him.

The chairman of the committee, John Whittingdale, told Reuters that James had not seen the report.

"We have not given wind to anybody of what might be in the report," he said, adding that the removal of Murdoch from allow the successful pay-TV group to distance itself from the wider problems at News Corp, its 39-percent owner.

Murdoch, who was previously chief executive of BSkyB, was dealt a heavy blow in November when more than 40 percent of the company's independent shareholders failed to back his re-election as chairman.

Since then he has stood down from his board positions at News Corp's British newspaper arm, and moved to the United States to take up his new role running international pay-TV.

"It was inevitable," media commentator Roy Greenslade, who has previously worked for Rupert Murdoch, told Reuters. "His position was increasingly untenable."

News Corp's British newspaper arm, News International, has admitted its News of the World tabloid hacked into the phones of crime victims, war dead and celebrities to generate stories.

It has since shut the 168-year-old paper, apologized and settled numerous court cases. However in recent weeks it had faced new allegations about hacking at its pay-TV operations, which it has strenuously denied.

At the height of the scandal last summer, Prime Minister David Cameron ordered a judicial inquiry into the standards of Britain's media, while the media regulator is examining whether Murdoch and News Corp were "fit and proper" owners of BSkyB's broadcast license.

"I do think the Leveson inquiry, Commons Select Committee report and the Ofcom "fit and proper" test are a triple whammy. He really must have known it was better to go sooner rather than later," Greenslade said.

Sky News said Murdoch would remain a non-executive director of BSkyB and his place would be taken by Nicholas Ferguson, the senior independent director on the board.

Copyright 2012 Thomson Reuters. Click for restrictions.

tonga pid corned beef hash the walking dead season 2 finale born free walking dead finale nascar bristol