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ForexFebruary 4th, 2012Guest

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Source: http://www.staywithpride.com/advice-on-finding-the-optimum-insurance-cover-site/

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Micron CEO dies in plane crash, industry stunned (Reuters)

BOISE, Idaho/SAN FRANCISCO, Feb 3 ? Micron Technology Inc Chief Executive and Chairman Steve Appleton died in a small plane crash on Friday, a major loss for a U.S. memory chipmaker already struggling with sluggish computer sales and declining prices.

The 51-year-old Appleton, a three-decade industry veteran who performed stunts at airshows, died after the small plane he was piloting crashed at an airport in Boise, Idaho, where the chipmaker is headquartered.

His death stunned the tight-knit semiconductor industry. Appleton was a prominent figure in Boise, a city of 200,000 in the western United States, and a member of the Idaho Business Council.

President and Chief Operating Officer Mark Durcan, who was due to retire in August, will take up the CEO's responsibilities until the company's board can appoint a permanent successor. Directors will meet over the weekend, Micron said in a statement.

Shares in Micron, halted prior to the announcement, resumed trade after the regular market close and promptly slid 6 percent.

"Steve was a high-energy, never-give-up type of inspirational leader of the company. The entire industry will miss Steve's energy," said Stifel Nicolaus analyst Kevin Cassidy. "That said, Micron has a deep bench of managers that shared Steve's vision."

The accident happened while Appleton flew an experimental Lancair single-engine airplane, Boise Airport spokeswoman Patti Miller told Reuters. Lancair sells kits to build high-end planes.

After taking off and reaching an altitude of about 200 feet, Appleton radioed that he had a problem and needed to turn around, Boise police spokeswoman Lynn Hightower told reporters.

The aircraft rolled left, then plummeted to the ground, where it crashed, causing a large fire and leaving a twisted, black wreckage.

Appleton, a California native, joined Micron to work a night shift right after graduating from Boise State University in 1983. His subsequent meteoric ascent led to his becoming the youngest CEO on the Fortune 500 at the age of 34, in 1994.

He resigned in 1996, amid speculation about a boardroom power struggle, only to return nine days later after the board asked him to reconsider.

Appleton, a noted sports enthusiast who also scuba-dived, surfed and raced offroad cars and motorcycles, received the prestigious Robert Noyce award - the industry's highest honor - from the Semiconductor Industry Association in 2011.

The award, named after Intel Corp cofounder Robert Noyce, is conferred on those who have made major contributions to the chip industry.

Employees at Micron's sprawling headquarters and plant, where several flags flew at half mast, were visibly upset while others stuck to routine.

"I was in a meeting, which proceeded normally, but at the end when it broke up it was nothing but sad talk about Steve." said employee Mike Peterson. "I know he liked airplanes so if he was going to go I guess this was fitting."

Co-worker Melanie Wood said: "Someone told me over my cubicle and then I read the email and we all didn't believe it at first. He's so young, you don't expect something like this."

A BIG LOSS

"Steve was a visionary and a true leader in our industry. He will be deeply missed by the entire semiconductor community and our prayers and thoughts are with his family," Brian Toohey, President of the Semiconductor Industry Association, said in a statement.

Micron makes memory chips used in personal computers, smartphones and tablets and competes against Asian rivals Hynix Semiconductor Inc, Samsung Electronics Co Ltd and Toshiba Corp.

Memory chip makers are struggling as falling prices and huge investments to stay competitive saddle them with massive losses. Micron is the last remaining U.S. producer of memory chips.

Boise Mayor Dave Bieter said Appleton was sensitive to how job cuts by Micron in recent years affected the community.

"He called me and told me about the layoffs coming up and explained how the business-end of chip technology would develop and that Micron would come out strong on the other end. And it happened exactly the way he said it would," Bieter told reporters.

The company announced just last week that Durcan would retire in August, but Appleton's death raised questions about whether he might stay on.

Seen as Micron's even-keeled top technologist, Durcan has taken on a greater role running the chipmaker day-to-day in the past few years, while larger-than-life Appleton has focused more on strategy.

The loss of Micron's dealmaker could waylay a possible acquisition of troubled Japanese rival Elpida Memory. Saddled with millions of dollars in operating losses and major upcoming debt payments, Elpida may be in talks to be bought by Micron or reach some kind of partnership, media recently speculated.

RISKY LIFESTYLES

Appleton's death raises questions about whether some CEOs' daredevil lifestyles are too risky for shareholders.

British tycoon Richard Branson has tried to circle the world in hot air balloon and in 1985 had to be rescued after capsizing a sailboat. Oracle co-founder Larry Ellison races sailboats and also flies planes.

Micron's recent regulatory filings make no mention of a "key man" life insurance policy on Appleton, nor do they specifically mention directors' and officers' insurance that would cover him.

A senior executive at a national insurance brokerage said it is entirely possible to get directors' and officers' insurance on someone like a CEO who flies his own planes, but added that Appleton's death could still cause legal headaches for the board.

"D&O really is about, at its core, for a public company, whether or not the company is susceptible to litigation by shareholders," said the broker, speaking anonymously because of the sensitivity of the matter.

The broker said Micron's board would have an obligation to have a contingency plan in place, particularly given Appleton's risky lifestyle, and that the degree to which the company might face legal questions depends a great deal on what Micron's stock does on Monday.

"If trading opens substantially lower it could be the case that a plaintiffs' attorney or two or three will start to conduct an investigation," the broker said.

Trading in Micron shares was halted on Friday morning pending the company's announcement. The shares were down at $7.48 in extended trading, from a last quote of $7.95 on the Nasdaq, before the halt.

(Additional reporting by Himank Sharma in Bangalore, Ben Berkowitz in New York, Writing by Edwin Chan, Editing by Andre Grenon, Gary Hill and Tim Dobbyn)

Source: http://us.rd.yahoo.com/dailynews/rss/applecomputer/*http%3A//news.yahoo.com/s/nm/20120204/tc_nm/us_micron

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I only do Business Presentations - Presentation Dynamics

I was teaching a presentation skills class the other day, at a famous internet marketing company, when one of my students said something that I?ve heard dozens of variations on before.

I had the students working on using their voices more expressively, by taking one simple sentence and seeing how many different inflections of meaning, emphasis, tone and rhythm that could put in it.

One student was resisting the exercise, saying the sentence in the same flat, wooden monotone each time. I tried to cajole him into loosening up and having some fun with it, but he just shrugged his shoulders and said, ?This is useless to me. I only do business presentations.?

In a moment of frustration, I said, ?You mean, you only do boring presentations.?

It was not my finest moment as a teacher, but I thought the point was valid. A business presentation shouldn?t be a song and dance, but nor should it be a death march through a wasteland of facts and data.

If you?ve got something of importance to say; something that it will benefit your audience to know and understand, then you should deliver it in a way that will engage their attention and impart the meaning that you intend.

How you say the words ? the tone, the rhythm and the emphasis you put on them ? changes how they are heard. Those same words, delivered in an email or spoken in a monotone, leave themselves open to a wide variety of interpretations, not all of them helpful to your cause or career.

Words that might be discouraging on their own can be delivered in a calm and confident manner that gives them a subtle undertone of optimism. A warning that has to be mildly worded for legal reasons can be delivered with a tone of gravity and foreboding that leaves no doubt as to its seriousness. The words you chose to emphasize can reinforce, or diminish, your stated priorities.

I?m not going to misuse the famous Mehrabian study, as so many do, but in fact your voice, eye contact, posture, expressions and gestures are a large and powerfully persuasive part of your communication.

Failing to develop those aspects of your business skills portfolio makes you less effective than you could be as a communicator and as a leader.

Source: http://www.presentationdynamics.org/?p=648

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New Crazy Bj?rk Thing: Interactive iPad Album on Colbert [Video]

Bjork stopped by the Colbert Report last night to talk about her new album "Biophilia," which has an interactive iPad component that lets listeners manipulate the music with various on-screen elements. The interview wasn't without the obligatory technical difficulties, but thanks to some expressive gestures we all came away enlightened as to the difference between a mouse and a touchscreen. [The Colbert Report] More »

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/JQAW_Ni2mKI/new-crazy-bjork-thing-interactive-ipad-album-on-colbert

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Romney wins big in Florida presidential primary (Reuters)

TAMPA (Reuters) ? Mitt Romney cruised to a blowout victory in Florida's Republican presidential primary on Tuesday that put him back in front in the fight for his party's nomination to face President Barack Obama and left chief rival Newt Gingrich reeling but vowing to fight on.

With 70 percent of the vote counted, Romney had 47 percent of the vote to Gingrich's 32 percent in the largest of the four Republican presidential nominating contests so far this year.

Television networks projected Romney as the winner just as the last polls closed in Florida.

The victory enabled Romney, the wealthy former Massachusetts governor and private equity firm executive, to rebound from his decisive loss to Gingrich in the January 21 South Carolina primary.

The well-funded and well-organized Romney surged in opinion polls in Florida after aggressively pressing Gingrich in two debates and pounding him with negative advertising.

The campaign for the Republican nomination to challenge Obama, a Democrat, in the November 6 election now tilts in Romney's favor with seven contests in February in which he could win or do well, starting with Nevada on Saturday.

The Florida victory also may widen a rift between establishment Republicans who back Romney and conservative voters who favor Gingrich, a dynamic that could complicate the party's effort to oust Obama in November.

"As this primary unfolds, our opponents in the other party have been watching, and they like to comfort themselves with the thought that a competitive campaign will leave us divided and weak," Romney told a jubilant crowd in his victory speech in which he focused on Obama after two weeks of clobbering Gingrich.

"But I've got news for them. A competitive primary does not divide us. It prepares us, and we will win," Romney added.

The Florida primary was the fourth in the series of state-by-state contests to pick the Republican nominee. Romney has triumphed in two of the first four contests, having also won in New Hampshire and coming in second in Iowa and South Carolina.

Romney was helped by the millions of dollars in negative television ads against Gingrich that undermined the argument advanced by the former speaker of the House of Representatives that he is the conservative heir to Republican President Ronald Reagan.

Gingrich fought back with ads of his own, castigating Romney as a party insider and elite friend of Wall Street - and called him "for all practical purposes a liberal." But Gingrich did not have the same amount of money as Romney, who had used a similar advertising spree to cut Gingrich down to size in Iowa.

"It is now clear that this will be a two-person race between the conservative leader Newt Gingrich and the Massachusetts moderate," Gingrich told his supporters after the primary.

The next contest is the Nevada caucuses on Saturday, followed next Tuesday by caucuses in Colorado and Minnesota and a primary in Missouri.

'THIS DOGFIGHT IN FLORIDA'

"I think both of them are damaged by this dogfight in Florida," veteran Republican strategist Ed Rollins said of Romney and Gingrich. "I've never seen anything quite like it in a presidential campaign."

Winning Florida demonstrated Romney's ability to compete strongly in a major political battleground state with a broad voter base that includes a diverse electorate including Tea Party conservatives, evangelical Christians and Cuban-Americans.

He kept his focus on the U.S. economy and Florida's 9.9 percent unemployment rate, insisting his background as a private equity executive gives him the economic acumen to help the country create jobs.

"I voted for Romney. I think he'll create jobs," said Dino De Cicco, 38, of Melbourne Beach.

But the Florida campaign revealed that Republicans still hold doubts about Romney. Conservatives feel he has flip-flopped on some major issues and lacks a spine.

"Romney is not a conservative," said Richard Jeske, 66, an Orlando security guard who voted for Gingrich.

These are concerns that Gingrich hopes to take advantage of as he tries to hang on until March when a number of Southern states vote.

The defeat was a dispiriting one for Gingrich, who was unable to recreate in Florida the late surge of support in South Carolina from undecided voters that carried him to a shock victory.

Gingrich is vowing to fight on until Republicans hold their convention to nominate their candidate in late August, a battle he pledges will be for the heart and soul of the conservative movement.

Gingrich supporters hoisted banners at his Florida party that read "46 states to go."

Romney still narrowly trails Gingrich in some national polls. But many analysts believe a double-digit victory in the "Sunshine State" cements his status as front-runner as the national Republican nomination contest continues.

According to exit polls by CBS, 62 percent of the Republican voters said the economy was the most important issue to them. Romney has campaigned hard saying he is best placed to fix the economy based on his experience as a businessman.

"(Romney's) a businessman. He knows how to make money. If he makes promises, he'll keep them," said Frank Lobue, a retired utility company employee, who voted in St. Petersburg.

Voters also said in exit polls that they very concerned about picking a candidate who could beat Obama.

(Additional reporting by Ros Krasny, Sam Youngman, Jane Sutton and David Adams; editing by Mary Milliken)

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/nm/20120201/ts_nm/us_usa_campaign

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At least 48 dead as 'extreme cold' grips Europe

KIEV, Ukraine ?? A severe and snowy cold snap has killed at least 48 people across central and eastern Europe.

Officials have responded with measures ranging from opening shelters to dispensing hot tea, with particular concern for the homeless and elderly.

Ukrainian authorities said Tuesday that the number of people who died of hypothermia in recent days reached 30.

The Emergency Situations Ministry said on its website that most of the victims were found frozen on the streets. On Monday, officials had put the death toll at 18 people.

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Temperatures plunged to minus 23 C (minus 10 F) in the capital Kiev and elsewhere in Ukraine as schools and kindergartens closed and authorities set up hundreds of heated tents for the homeless.

Officials have appealed to people to stay indoors.

BBC Weather's Nina Ridge blamed a "very well-established" area of high pressure in Scandinavia and western Russia that was keeping mild air in southern Spain and northern Africa for the "extreme cold."

"Temperatures really are going to struggle across the bulk of Europe," she added.

Ridge predicted that daytime temperatures would climb no higher than minus 19 (minus 2 F) in Moscow on Wednesday. The mercury normally reaches minus 8 (18 F) at this time of year in the Russian capital.

In Poland, at least 10 people froze to death as the cold reached minus 26 C (minus 15 F) on Monday.

Malgorzata Wozniak, a spokeswoman for Poland's Interior Ministry, told The Associated Press that elderly people and the homeless were among the dead. Police were checking unheated empty buildings for homeless people they could take to shelters.

Train tracks damaged
Warsaw city authorities decided to place more than 40 heaters in the busiest city transport stops to help waiting passengers keep warm.

City authorities in the Czech capital of Prague set up tents for an estimated 3,000 homeless people. Freezing temperatures also damaged train tracks, slowing railway traffic.

In central Serbia, three people died and two more were missing, while 14 municipalities were operating under emergency decrees. Efforts to clear roads blocked by snow were hampered by strong winds and dozens of towns faced power outages.

Police said one woman froze to death in a snowstorm in a central Serbian village, while two elderly men were found dead, one in the snow outside his home. Further south, emergency crews are searching for two men in their 70s who are feared dead.

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The current freeze came after a period of relatively mild weather.

"Just as we thought we could get away with a spring-like winter ..." lamented Jelena Savic, 43, from the Serbian capital of Belgrade, her head wrapped in a shawl with only eyes uncovered. "I'm freezing. It's hard to get used to it so suddenly."

In Bulgaria, a 57-year-old man froze to death in a northwestern village and emergency decrees were declared in 25 of the country's 28 districts. In the capital of Sofia, authorities handed out hot tea and placed homeless people in emergency shelters.

Strong winds also closed down Bulgaria's main Black Sea port of Varna, while part of a major highway leading to Bulgaria and Greece from Turkey was closed after a heavy snowfall. Nearly 200 Turkish Airlines flights to and from Istanbul's Ataturk Airport were canceled, and a city sports hall was turned to a temporary shelter for some 350 homeless people.

The temperature in Turkey's province of Kars, which borders Armenia, dropped to minus 25 C (minus 13F) on Sunday night.

The situation was similar in Romania, where reports said four people have died because of freezing weather. There, authorities sent prison inmates to shovel snow and unblock paths leading to a shelter with some 300 stray dogs and puppies.

Weather forecasters believe the cold snap will continue.

"We are getting some 'real' winter this week," Croatian meteorologist Zoran Vakula said.

The Associated Press and msnbc.com staff contributed to this report.

Source: http://www.msnbc.msn.com/id/46200659/ns/weather/

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RIM welcomes Office 365 users into the fold with BlackBerry Business Cloud Services

For wary Office 365 enterprises who've been reluctant to dip their toes into the beta pond, today will certainly be memorable in the IT room: Research in Motion has gone ahead and blessed BlackBerry Business Cloud Services as ready for prime time. The software, which has been in beta stage since October, allows BlackBerry users to easily integrate with their firm's Office 365 deployment. Users can expect synchronization with their Exchange email, contacts and calendars, along with the ability to remotely wipe or lock their data should the device go missing. Likewise, IT gurus may take advantage of remote administration and wireless activation of the handsets. The software is free and will work for all medium-sized and enterprise subscribers of Office 365. So go ahead and uncork that dusty bottle of champagne, or absent that, feel free to flavor up the Folgers a bit. The press release just after the break, and you'll definitely want to prepare yourself.

Continue reading RIM welcomes Office 365 users into the fold with BlackBerry Business Cloud Services

RIM welcomes Office 365 users into the fold with BlackBerry Business Cloud Services originally appeared on Engadget on Wed, 01 Feb 2012 05:04:00 EDT. Please see our terms for use of feeds.

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