Monday, May 6, 2013

Bangladesh building collapse toll tops 640

DHAKA, Bangladesh (AP) -- Bangladeshi police are investigating possible murder charges against the owner of a shoddily built factory that collapsed nearly two weeks ago after the wife of a garment worker crushed in the accident filed a complaint.

The legal development comes as officials said Monday that the death toll from the country's worst industrial disaster had reached 645.

Sheuli Akter, the wife of Jahangir Alam, filed the complaint with Dhaka magistrate Wasim Sheikh, saying her husband and other workers were "pushed toward death" by building owner Mohammed Sohel Rana and two others.

Alam was employed in New Wave Styles Ltd., one of the five garment factories housed in the eight-story Rana Plaza that collapsed April 24 as workers started their morning shift even though cracks had developed in the building.

New Wave Styles owner Bazlul Adnan and local government engineer Imtemam Hossain were the two others accused in the case.

Magistrate Sheikh ordered police to investigate the complaints, and local police chief Mohammed Asaduzzman said Monday that they would now investigate possible murder charges.

A conviction for murder can result in a death sentence in Bangladesh.

Nine people, including Rana and Adanan, have already been arrested on other charges. Rana faces charges such as negligence and illegal construction, which are punishable by a maximum of seven years in jail.

By Monday afternoon, the death toll had reached 645, according to the police control room at the scene. It is not known how many people are still missing, as workers use heavy equipment to search through the rubble. There is still a stench around the collapse site from decomposing bodies.

An architect whose firm designed the initial floors of the building said Sunday it had not been designed for heavy industrial work. Masood Reza, an architect with Vastukalpa Consultants, said they designed the building in 2004 as a shopping mall and not for industrial purposes.

Officials say Rana illegally added three floors and allowed the garment factories to install generators. Vibrations from garment machines and from the generators were thought to have contributed to the collapse.

The disaster is the worst ever in the garment sector, surpassing the 1911 garment disaster in New York's Triangle Shirtwaist factory, which killed 146 workers, and more recent tragedies such as a 2012 fire that killed about 260 people in Pakistan and one in Bangladesh that killed 112, also in 2012.

Source: http://news.yahoo.com/bangladesh-building-collapse-toll-tops-093108158.html

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Bill Gates On The iPad - Business Insider

Bill Gates took a shot at the iPad while explaining Microsoft's rationale for the Surface this morning on CNBC.

He was asked about the declining PC market. He said that tablets are growing in popularity, and it's "going to be harder and harder to distinguish products" that are PCs versus tablets.

The Surface, he says, brings the "portability of the tablet but the richness of the PC."

He then said of people using iPad-like devices, "A lot of those users are frustrated, they can't type, they can't create documents, they don't have Office there."

While some people are frustrated by the iPad's limitations, most embrace it. Apple sold 19.5 million iPads last quarter. Over that same period, HP, the world's number one PC seller, sold 11.7 million PCs, according to Gartner.

It's a cliche, but the truth is that the iPad just works for surfing the web, light emailing, videos, and some games.

Microsoft's Surface has sold in very small volumes relative to the iPad. Perhaps Gates, Steve Ballmer, and Microsoft have been too quick in their pursuit of making a tablet that is as powerful as a PC. Perhaps people want something a bit more lightweight right now.

Here's the clip:

Source: http://www.businessinsider.com/bill-gates-on-the-ipad-2013-5

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Monday, April 29, 2013

Activision CEO Kotick among top-paid CEOs in U.S

(Reuters) - Videogame publisher Activision Blizzard Inc's Chief Executive Robert Kotick received a total compensation of $64.9 million last year, making him one of the top paid CEOs in the United States.

Kotick's 2012 total compensation includes about $56 million in stock awards, while there were no stock awards for 2011. His base salary doubled to $2 million, according to regulatory filings on Friday. (http://r.reuters.com/bew67t)

The $56 million in stock awards will be paid over five years and is contingent upon meeting certain goals for company performance.

Kotick, 50, also a board member of Coca-Cola Co, was paid $8.33 million in 2011 by Santa Monica-based Activision.

The company's revenue and net income, however, rose only in single digits for 2012, slower than the growth rate it saw in 2011.

Activision's Kotick makes more than three times the $21 million pay package received by Goldman Sachs Group Inc's CEO Lloyd Blankfein in 2012, and it is 50 percent higher than Walt Disney Co CEO Robert Iger's $40.2 million compensation in 2012.

Kotick has been a director and CEO of Activision Inc since February 1991, and in July 2008, he became CEO of Activision Blizzard in connection with the combination of Activision and Vivendi Games.

(This story was corrected to show that $56 million will be paid over five years and is contingent upon company performance)

(Reporting by Thyagaraju Adinarayan in Bangalore; Editing by Lisa Shumaker and Maureen Bavdek)

Source: http://news.yahoo.com/activision-ceo-kotick-among-top-paid-ceos-u-200813305.html

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Friday, April 26, 2013

Mssing Brown student's body found in Providence River

By Richard Weizel

BOSTON (Reuters) - A body found floating in the Providence River was that of a 22-year-old Brown University student who had been missing for more than a month, Rhode Island officials confirmed on Thursday.

The body of Sunil Tripathi, who had been missing since March 16, had been found by the university's men's crew team late on Tuesday.

"We have been able to conclusively determine the body is that of Sunil Tripathi, but will not be able to determine the cause of death for several months," said Dara Chadwick, a spokeswoman for the Rhode Island Department of Health.

The case received national media attention after social media websites last week lit up with a false rumor that Tripathi, who was on an approved leave from Brown, was one of the suspects in the Boston Marathon bombings.

The actual suspects have been identified as brothers Tamerlan and Dzhokhar Tsarnaev.

While Tripathi's family blasted those reports last week, they posted a statement of thanks on Thursday on a special website which had been set up to help find the missing student.

"As we carry indescribable grief, we also feel incredible gratitude," the family said. "To each one of you - from your hometown to many distant lands - we extend our thanks for the words of encouragement, for your thoughts, for your prayers and for the love you have generously shared."

Brown University President Christina Paxson said on Thursday: "We extend our deepest condolences to Sunil's family for their loss and for the immeasurable pain they have endured during this period."

The university plans a memorial service for Tripathi on Saturday afternoon.

(Reporting by Richard Weizel in Milford, Connecticut; editing by Scott Malone, G Crosse)

Source: http://news.yahoo.com/body-found-providence-river-identified-missing-student-172807069.html

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Sunday, April 21, 2013

The threat of foreclosure on a real estate contract (NM)...am I in ...

In December 2011 my fiance and I were looking to find a home, but both have poor credit. Our options led us into a real estate contract (or others may say owner financing). We needed 10% down and were able to do so. Now we have a title and contract in our names and all payments go through escrow for disbursement to the seller and the underlying mortgage (basically it is a wrap around mortgage). Contract states that payment is late after the 5th of the month and a $100 late fee will applied as well as $125 demand letter fee that is sent certified stating we are in default and have 30 days to get current.
Anyway, times have been tough, and for the past 4 or 5 months we have recieved the demand letter and have gotten current within the allowed 30 days including the $225 in fees. We can refinance at anytime but have 5-7 years per the contract, which I thought would be sufficient time to repair my credit. Unfortunately the seller texted me that the mortgage holder is looking into the late payments and may look into foreclosure. Is this an empty threat because I am getting current within the allowed time (ASAP actually), or should I be very concerned and talk my father in law into helping us refinance.
This should be the last month that this happens. We are on the up 'n' up and will be on time for May. Thanks for any input....

Source: http://www.worldlawdirect.com/forum/mortgages-refinancing-foreclosure/71002-threat-foreclosure-real-estate-contract-nm-am-i-danger.html

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Internet Website Development For Online Business Creating ...

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If you want to get websites that have proven to be ecommerce ready, remember, though , don't have often the ecommerce web guide design experience needed to accomplish generally task, you should certainly hire an affiliate web site concept professional to a person with the more troublesome portions of site development. That have a minimal selection of help far from you, a professional designer can build web sites that the majority of are visually eye-catching and then include the features wish to to complete ecommerce transactions.

That has website design you am going to want to now have content that is really right so that the site runs well. You have to go the best qualities of your series on your online in order for your products as well as a services to sell. Sometimes webpage designers hold backed with content for the reason that they first would like to see how much use people today will be developing of the webpage. They have got a list together with priorities for the site and these folks allow the web pages to develop as documented in to this method. There are already no rigid rules regarding the materials of a rrnternet site and you can communicate pretty good deal anything, but all your homepage should find yourself considered carefully for the it is very good indication of so, what the entire net page is about.

web site development

Each day, you should certainly see the formation of countless online business applications and web stores fulfilling the several needs of offices. However, maybe you are in a position to survive with the highly competitive environment, you would be wise to have to progressed up with energetic as well nearly as immense ecommerce world broad designing. All through fact, user-friendly commerce websites are significant for enhancing a new sales and money in businesses. Ecommerce web reasons have boomed to a huge level because of their precious tremendous flexibility being well as agile. If this is not enough, you can create the ecommerce web development according that will your business requirements.

While for small and so medium organizations Mambo ensures cost-effective Website cms solutions, for big businesses requiring precisely designed website architecture, Mambo efficiently answers ones need with programmer-friendly and secure code environment.

Source: http://targase.typepad.com/blog/2013/04/internet-website-development-for-online-business-creating.html

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Friday, April 12, 2013

Ultra-Slim Multitools Are a Smuggler's Dream Come True

Stat Key, makers of fine novelty-shaped keys, is expanding its brand to include a line of ultra-thin and ultra-simple tools called the Every Day Carry Multitools. Made from stainless steel covered in military grade anticorrosive ceramic, there's a good chance the Stat EDC tools will outlive you. More »
    


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/lx0NdalI7Zg/ultra+slim-multitools-are-a-smugglers-dream-come-true

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