Tuesday, October 15, 2013

How Does Nike's New Fuelband Compare to Its Toughest Competition?

How Does Nike's New Fuelband Compare to Its Toughest Competition?

Nike's newest iteration of its signature activity tracker seems... fine. It's slightly more water resistant, it has some new tapping functions, and it's added Bluetooth 4.0. That's good! But the real question is whether it's enough of an upgrade to keep up with an increasingly crowded field of activity trackers. Here's how it compares.

Read more...


    






Source: http://feeds.gawker.com/~r/gizmodo/full/~3/AqwOkPdynC0/how-does-nikes-new-fuelband-compare-to-its-toughest-co-1445758318
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What, Exactly, Is James Franco Doing?





James Franco has big plans, always.



Andrew Medichini/AP


James Franco has big plans, always.


Andrew Medichini/AP


What is James Franco doing?


People started asking this question, in earnest, somewhere around the time he went on General Hospital in 2009. Up until then, he'd been a young actor whose path was relatively normal: he was on Freaks & Geeks, and in Never Been Kissed, and he played James Dean on cable. He was in the Sam Raimi Spider-Man movies, and then into Apatow country. Occasional forays into super-artsy stuff like films that showed in museums? No big deal. Nothing you wouldn't see from, say, Ethan Hawke or somebody like that. Swerves between, say, Pineapple Express and Milk, but that happens. Mork wound up in Good Morning, Vietnam, after all.


But then: General Hospital.


Appearances in mainstream stoner comedies are one thing, when it comes to changing up the highness of your brow and toying with the expectations people have of what you would and wouldn't do. But ... a soap? A real, straight-up soap? The same one Luke and Laura were on? Even knowing that he called the appearance a form of performance art, it continued to raise the question...


What is James Franco doing?


Right now, he's releasing his first alleged novel, Actors Anonymous, but we'll get back to that.


It's not like he needs another line of work. He has a band. He writes short stories. He hosted the Oscars. He was roasted on Comedy Central. He's taken many, many classes — and taught some, too. He makes offbeat art and appears in other people's offbeat art. He's played a hot guy on single-woman network sitcoms (both Tina Fey's and Mindy Kaling's).


At the time of a 2010 profile in New York Magazine, the question Franco predicted would be asked about him — and the writer told him was already being asked — was whether he was spreading himself too thin. But in fact, by doing so much, Franco may have achieved something that's almost impossible: he has no meaningful image other than as himself. There is nothing James Franco could do at this point that would move the needle.



What could he do that would seem out of place? What could he do that you really wouldn't expect? He wouldn't really surprise people if he won an Academy Award. He wouldn't really surprise people if he decided to take a one-day role in a Virgin Airlines video demonstrating seatbelts. He could show up in oil paintings, on a sitcom, as a Jeopardy! contestant, as the announced star of So Fast & Extra Furious 8, or in hard-core pornography, and nobody would really think it was anything other than a further example of Well, That's James Franco For You.


"I might be surprised if somebody else did that, but I can sort of believe it, coming from James Franco," is what a lot of us would say about literally anything he did with his career. Aside from something nefarious, even in his personal life, what could he really do now that would require a comeback, or a rehabilitation tour, or a second chance, or an audit of how audiences feel about him?


At times, he's seemed like the kind of guy who's obsessed with pretending he only touches the avant-garde — a self-styled intellectual who disdains everything that's not from art museums. But he's also perfectly happy to do Rise Of The Planet Of The Apes and Oz The Great And Powerful, two huge moneymaking films that have little connection to short films that wind up in museums. This year, he did This Is The End, a proudly stupid gross-out apocalypse comedy in which he and his friends play themselves.


Blockbusters, both self-consciously respectable and not so much? Fine. Obscurity? Fine. School? Fine. Art? Fine. Poetry? Fine.


And now he's published that "novel," Actors Anonymous. It's not really a novel; it's really a collection of ... stuff. Loosely — like, "XXXL shirt on XXXS body" loosely — based on the 12 steps of addiction treatment programs, it consists of short stories, snippets of scripts, and what it's hard not to envision as Things James Franco Wrote Down On The Back Of A Receipt One Time About Acting And Being Famous.


Among these snippets, there are flashes of insight — like, "I performed for money, and I performed for free. It's better to perform for money if you hate the director; it's better to perform for free if you love him." But there are also things nobody would pay money to read under normal circumstances — like, "There are some people that are very serious about their acting. But the ones that are too serious are boring and usually end up strangling their own performances." That would probably not make the cut if he said it in an interview; it's not really book material.


The fiction sections are stories about actors, but other themes tie them together: mostly, they are about young men driven nearly mad by some combination of generalized rage and a specific desire to have sex with, and sometimes to dominate and possess, women. They're far too inconsistent to be really satisfying, but they simmer with a sometimes intriguing frustration. Franco loves to intersperse signs that certain stories are autobiographical and that he's appearing in the book as "James Franco" or "The Actor," but there are also tweaked details that are meant to hold the reader at a slight distance and retain some sense of disorientation with regard to truth and fiction.


In other words, it's the James-Franco-iest book he could have written, because there's nothing to wrap yourself around. It's not very good, but it's not unambitious, and it's not lazy. It's about him but it's not, it's revealing but it's not, and in the end, it's interesting but it's not.


It's impossible for a celebrity to have an image that's a true blank canvas; we are far too voracious for that. But Franco has perhaps achieved the next best thing: a canvas onto which he's spilled so much paint in so many patterns that it ceases to look like anything, and anything you could add to it would look like it belonged there. And, of course, if you stare at it long enough, you can see patterns emerge and then recede — a poseur, a poet, something jarringly authentic, something painfully manufactured. Even, if you squint, the Last Honest Man In Hollywood, who puts out a book that demonstrates that like a lot of us, he has a certain number of sharp thoughts and an awful lot of mundane ones.


Lots of actors go high-low — the Steven Soderbergh "one for them, one for me" thing. But this is different; Franco has achieved a lack of definition that's unthinkable for a guy like George Clooney, no matter what combination of art-house movies and blockbusters he might make.


There was a lot of talk after Franco's Comedy Central roast about the number of jokes that focused on the idea that he's gay. If nothing else, you'd expect the people who were there to roast him, like Seth Rogen and Nick Kroll and Andy Samberg, to expect a little more from themselves than gay-panic har-har-ing like it's 1998. Even if they didn't worry that those jokes — 26, by BuzzFeed's count — would be offensive, you'd expect them to worry that after 26, they'd seem tired, as Aziz Ansari eventually pointed out that they were.


But maybe people who would normally know better remained stalled at lame gay jokes because roasts are usually focused on making fun of an image of the roastee that the audience will recognize, and Franco offers up less material in that regard than you might think. Hard to make pseudo-intellectual jokes at the expense of a guy who cheerfully made Your Highness. Hard to make dumb-stoner jokes at the expense of a guy who spends so much time pursuing advanced degrees.


It's really hard to know how much of this is on purpose. If it is — if this splatter-painting on his own image to achieve a certain imageless state is something he planned — it's nearly genius, but rather cynical. If it's accidental, it's almost sweet.


But the result is the same either way. He has a strange kind of freedom that comes from a very successful campaign of obfuscation, not so much about his personal life as about his sensibility. So he floats around, and he does what he wants, and none of it changes anything.


Franco has 13 projects listed on his IMDB page that are (or are rumored to be) somewhere between concept and execution — and those are just acting. There's also directing, writing, cinematography, and an unbilled job as the provider of morning pastries for the cast of NCIS.


That last one is a lie, but for a minute, you believed it.



Source: http://www.npr.org/blogs/monkeysee/2013/10/15/234075232/what-exactly-is-james-franco-doing?ft=1&f=1048
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Michael Waltrip Racing cutting to 2 full teams

(AP) — Michael Waltrip Racing will run only two full-time cars next season because of the loss of sponsor NAPA, part of the fallout from its attempts to manipulate a race to get Martin Truex Jr. into the Chase.

Truex, crew chief Chad Johnston and 15 percent of the workforce were notified Monday they are free to negotiate with other teams. Team co-owner Rob Kauffman said the cuts were across the organization and not limited to Truex's team.

The car Truex drives will be repurposed into a research and development team next season. It will run a partial schedule beginning with the Daytona 500 with team co-owner Michael Waltrip behind the wheel depending on sponsorship, Waltrip said.

"Today was about doing what we had to do, not what we wanted to do," Kauffman said. "It was important to let those whose jobs were affected know as early as possible, and a majority of those will remain with MWR through the end of the season."

Truex has been talking to Furniture Row Racing about the seat being vacated by Kurt Busch. MWR is undecided if it will use Truex's No. 56 on the third car next season, and how many races the car enters will be based on sponsorship.

Also, Ty Norris' title position will change from general manager of MWR to executive director for business development. Norris has been on indefinite suspension from NASCAR for his role in the Richmond scandal.

"He will no longer be involved in competition and no longer be a spotter, and will focus strictly on the commercial side of the business," Kauffman said. "He's good at that and that's the skill set that's most helpful for the company. We have other folks on the competition side."

The meetings between Kauffman and Waltrip and their employees Monday were interrupted when driver Brian Vickers informed the owners that a blood clot had been found in his right calf. He was placed on blood-thinning medication that will prevent him from finishing the season in the No. 55 Toyota.

The team had previously planned to use co-owner Waltrip in this week's race at Talladega, and said it will decide later on its driver for the remaining four races.

Vickers was scheduled to participate in a Monday test at Charlotte Motor Speedway, but MWR had Brett Moffitt ready to drive.

It made for a dizzying and difficult day for MWR, which has been fighting for its survival since the Sept. 7 race at Richmond.

"We are taking the challenges we are faced with and trying to use them as a way to get better, and when you have to let some folks go and change direction, that upsets the apple cart and you feel for those folks," Waltrip said. "And then when Brian walks in this morning and tells you he has a health issue and the doctors won't let him race a car, I'm a race car driver and I just can't imagine a man at the prime of his career having to be faced with those challenges.

"So I think it's important to never, ever get into 'Why me?' That's not a very professional or positive way to look at things. I just like to use at is motivation to get better."

MWR went into Richmond with driver Clint Bowyer ranked second in the Sprint Cup standings and Truex on the bubble of making the 12-driver Chase for the Sprint Cup championship. But in the closing laps, as it became apparent Ryan Newman was going to snag the final spot in the Chase field, MWR schemed to get Truex the final berth.

It began when Bowyer deliberately spun to bring out a caution, setting in motion a chain of events that led to a widespread NASCAR investigation.

NASCAR fined MWR $300,000, suspended Norris indefinitely and replaced Truex in the Chase field with Newman, who was headed to the race win that would have given him the Chase berth before Bowyer's spin.

In punishing MWR, NASCAR ruled that the only thing it could prove was that Norris intentionally called Vickers down pit road in the closing laps to adjust the finish.

NAPA, a longtime partner of Waltrip's, then said it was pulling its multimillion-dollar sponsorship of Truex's team with two years remaining on its contract because it "believes in fair play and does not condone actions such as those that led to the penalties assessed by NASCAR."

As part of the changes announced Monday, MWR said executive vice president of competition Scott Miller will continue as crew chief of the No. 55 team into the 2014 season. He'd been interim crew chief since Rodney Childers was taken off the pit stand in August when he said he was moving to Stewart-Haas Racing next season.

Kauffman, who had been in Europe during the Richmond race and remained there for the two races that followed, returned after Bowyer sponsor 5-Hour Energy said it would return to the team in 2014. Kauffman temporarily relocated to North Carolina and began a review of MWR, which set in motion the organizational changes announced Monday.

"If you lose a third of a third of your revenue, you are going to have to reorganize your business and that's what we've done," Kauffman said. "What we are trying to focus on is using this opportunity to not only survive, but use this reorganization to make us better. We made a mistake, we paid a heavy price and we are adjusting to a new reality."

Associated PressSource: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2013-10-14-CAR-NASCAR-MWR-2014-Plans/id-3831f486ea7a4d808ac393a9a8fd1558
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3 in US win chemistry Nobel for computer models

Stanford University professor Michael Levitt, who won the Nobel Prize in chemistry, is embraced by his wife Rina at their home on Wednesday, Oct. 9, 2013, in Stanford, Calif. Three U.S.-based scientists won this year's Nobel Prize in chemistry for developing powerful computer models that researchers use to understand complex chemical interactions and create new drugs. Research in the 1970s by Levitt, Martin Karplus and Arieh Warshel led to programs that unveil chemical processes such as how exhaust fumes are purified or how photosynthesis takes place in green leaves. (AP Photo/Eric Risberg)







Stanford University professor Michael Levitt, who won the Nobel Prize in chemistry, is embraced by his wife Rina at their home on Wednesday, Oct. 9, 2013, in Stanford, Calif. Three U.S.-based scientists won this year's Nobel Prize in chemistry for developing powerful computer models that researchers use to understand complex chemical interactions and create new drugs. Research in the 1970s by Levitt, Martin Karplus and Arieh Warshel led to programs that unveil chemical processes such as how exhaust fumes are purified or how photosynthesis takes place in green leaves. (AP Photo/Eric Risberg)







Martin Karplus poses at his home in Cambridge, Mass., after being awarded the Nobel Prize in chemistry Wednesday, Oct. 9, 2013. Karplus, who splits his time between Harvard and the University of Strasbourg, France, is among three awarded the Nobel Prize in chemistry for developing powerful computer models that any researcher can use to understand complex chemical interactions and create new drugs. (AP Photo/Josh Reynolds)







Esta foto del 9 de octubre del 2013 muestra una página de la internet con las fotografías de los científicos Martin Karplus, Michael Levitt y Arieh Warshel como ganadores del Premio Nobel de química, anunciado por la Academia Real de Ciencias de Suecia.(Foto AP/Claudio Bresciani)







Stanford University professor Michael Levitt, who won the Nobel Prize in chemistry, speaks during an interview at his home Wednesday, Oct. 9, 2013, in Stanford, Calif. Three U.S.-based scientists won this year's Nobel Prize in chemistry for developing powerful computer models that researchers use to understand complex chemical interactions and create new drugs. Research in the 1970s by Levitt, Martin Karplus and Arieh Warshel led to programs that unveil chemical processes such as how exhaust fumes are purified or how photosynthesis takes place in green leaves. (AP Photo/Eric Risberg)







Stanford University professor Michael Levitt, who won the Nobel Prize in chemistry, speaks during an interview at his home Wednesday, Oct. 9, 2013, in Stanford, Calif. Three U.S.-based scientists won this year's Nobel Prize in chemistry for developing powerful computer models that researchers use to understand complex chemical interactions and create new drugs. Research in the 1970s by Levitt, Martin Karplus and Arieh Warshel led to programs that unveil chemical processes such as how exhaust fumes are purified or how photosynthesis takes place in green leaves. (AP Photo/Eric Risberg)







(AP) — Three U.S.-based scientists won a Nobel Prize on Wednesday for developing a powerful new way to do chemistry on a computer.

They pioneered highly sophisticated computer simulations of complex chemical processes, giving researchers tools they are now using for a wide variety of tasks, such as designing new drugs and solar cells.

"Today the computer is just as important a tool for chemists as the test tube," the Swedish Academy of Sciences said in announcing this year's $1.2 million chemistry prize. "Simulations are so realistic that they predict the outcome of traditional experiments."

As academy secretary Staffan Normark put it: "This year's prize is about taking the chemical experiment to cyberspace."

The prize honored research done in the 1970s by Martin Karplus, Michael Levitt and Arieh Warshel.

All three scientists became U.S. citizens. Karplus came to the U.S. with his family as Jewish refugees from Nazi-occupied Austria in 1938. The 83-year-old U.S. and Austrian citizen splits his time between the University of Strasbourg in France and Harvard University.

Levitt, 66, was born in South Africa and is a British, U.S., and Israeli citizen. He is a professor at Stanford University. Warshel, 72, was born in Israel and is a U.S. and Israeli citizen affiliated with the University of Southern California in Los Angeles. Levitt is a biology professor, while the two other winners are chemistry professors.

Levitt told The Associated Press the award recognized him for work he did when he was 20, before he even had his Ph.D.

"It was just me being in the right place at the right time and maybe having a few good ideas," he said by telephone from his home in California. He joked that the biggest immediate impact of the prize would be his need for dance lessons before appearing at the Nobel banquet.

"When you go to Stockholm, you have to do ballroom dancing," Levitt said. "This is the big problem I have right now."

Karplus told the AP the 5 a.m. call from the Nobel judges had him worried that the caller might be bearing bad news. "Usually you think when you get a call at 5 o'clock in the morning it's going to be bad news, you know, something's happened," he said.

Warshel, speaking by telephone to a news conference in Stockholm, said he was "extremely happy" to be awakened in the middle of the night in Los Angeles to get the good news.

The three men were honored for blending two previous approaches for simulating molecules and chemical reactions on computers. One was quantum physics, which applies on the scale of an atom, and the other was classical Newtonian physics, which operates at larger scales.

Classical physics could simulate large molecules but not chemical reactions. Quantum physics could give realistic results for reactions but couldn't be used with large molecules because the equations were too complex to solve.

The blended approach, which uses quantum mechanics only for key parts of molecules and classical physics for the rest, provides the accuracy of the quantum approach with manageable computations.

Working together at Harvard in the early 1970s, Karplus and Warshel developed a computer program that brought together classical and quantum physics. Warshel later joined forces with Levitt at the Weizmann Institute of Science in Israel and at the University of Cambridge in Britain to develop a program that could be used to study enzymes.

Jeremy Berg, a professor of computational and systems biology at the University of Pittsburgh, said the winning work gives scientists a way to understand complicated interactions that involve thousands to millions of atoms.

"There are thousands of laboratories around the world using these methods, both for basic biochemistry and for things like drug design," said Berg, former director of the National Institute of General Medical Sciences in Bethesda, Md.

Many drug companies use computer simulations to screen substances for their potential as medicines, an approach that lets them focus their chemistry lab work on those that look promising, he said.

James Skinner, director of the Theoretical Chemistry Institute at the University of Wisconsin-Madison, said the approach pioneered by the winners can be used to analyze such things as how drugs bind to the molecules they target in the body, or how large molecules fold.

Beyond that, such simulations can be used to design materials with specific characteristics, such as those used in airplanes, he said.

"This has led to greater understanding (of) problems that couldn't be solved experimentally," said Marinda Li Wu, president of the American Chemical Society.

Earlier this week, three Americans won the Nobel in medicine for discoveries about how key substances are moved around within cells, and the physics award went to British and Belgian scientists whose theories help explain how matter formed in the universe after the Big Bang.

The Nobel in literature will be announced on Thursday, the Nobel Peace Prize on Friday and the economics prize on Monday.

___

Karl Ritter reported from Stockholm. AP writers Malin Rising in Stockholm, Frank Jordans in Berlin and Rodrique Ngowi in Cambridge, Mass., contributed to this report.

Associated PressSource: http://hosted2.ap.org/APDEFAULT/b2f0ca3a594644ee9e50a8ec4ce2d6de/Article_2013-10-09-Nobel-Chemistry/id-397a9aee2d1b441b9b12b701e9cb594d
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Mother of slain 'Baby Hope' says devastated by daughter's death in NYC: reports


By Chris Francescani


NEW YORK (Reuters) - The mother of "Baby Hope", who was murdered and packed in a cooler in 1991 and only recently identified, said she was devastated to hear about her daughter's death allegedly at the hands of a relative, according to news reports.


Margarita Castillo, 52, broke her silence on Monday, telling reporters from behind her Queens apartment door that she is "just waiting for justice" for Anjelica Castillo, who was four at the time of her death.


"We are not going to have peace," she said in Spanish, the New York Daily News reported. "You can't even describe a punishment."


Two sources close to the case told Reuters that a Manhattan grand jury is reviewing evidence against Conrado Juarez, 52, a relative of the victim on her father's side, who was arrested on Saturday in connection with the case.


Juarez confessed to the killing after more than 12 hours of interrogation, his court-appointed public defender, Michael Croce, said on Monday.


Juarez, who despite his age was Angelica's cousin, has been placed in protective custody on Riker's Island "for his own safety" Croce said, adding that Juarez "is in a state of shock."


Castillo, meanwhile, is cooperating with investigators, one of the two sources told Reuters on Monday.


ANONYMOUS TIP


The extraordinary brutality of the "Baby Hope" case shocked New Yorkers as news accounts cited investigators' findings about her final days.


Her bound, asphyxiated body was found packed beneath soda cans inside a cooler along a Manhattan highway in July 1991. She had been starved and sexually abused in the days preceding her death, investigators said.


New York detectives on the case for years had called the nameless child "Baby Hope" and paid for her funeral and burial when no one came forward to identify her - and vowed never to give up their pursuit of her killer.


A fresh lead emerged last summer after police cold case investigators launched a publicity campaign tied to the 22nd anniversary of the gruesome 1991 discovery.


A tip from the dead child's older stepsister led police to Castillo, according to the Wall Street Journal, which cited an unidentified law enforcement source late on Monday. Soon investigators approached Juarez, a dish washer at a Greenwich Village restaurant.


LINGERING QUESTIONS


Still, crucial questions surrounding the child's disappearance remain unanswered.


Chief among those is why no one - including her mother, father, other relatives, neighbors or any of Castillo's nine other children by three different men - ever reported the child missing.


On Monday, Castillo declined to answer that question, the Daily News reported.


A law enforcement source involved in the case said Castillo, an undocumented Mexican immigrant, may have feared deportation if she drew authorities' attention to her family.


The two sources close to the case told Reuters that Anjelica's parents split up in the late 1980s. Her father took Anjelica and two other daughters by Castillo to live with his niece and other relatives in another section of Queens.


Soon after the split, people familiar with the case said, Castillo went to the relative's apartment to retrieve her daughters, but only came away with one.


Anjelica and another sister stayed with their father and his relatives, until the father returned to his native Mexico. The two sisters were left with the relatives, the sources said.


Sometime soon after that, Anjelica disappeared from the apartment. Castillo told investigators that when she began to inquire about her daughter's whereabouts with the relatives the child had been left with, she was told that Anjelica was no longer living there, but little more, according to a law enforcement source.


Investigators are continuing to question Juarez and other relatives about the case.


(Reporting by Chris Francescani; Editing by Ken Wills)



Source: http://news.yahoo.com/mother-slain-baby-hope-says-devastated-daughters-death-235136497.html
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Monday, October 14, 2013

3 US Economists Win Nobel For Work On Asset Prices


Ordinary investors don't stand much chance of beating the market. It moves way too fast and efficiently. Or it behaves in ways that make no sense at all.


Three Americans won the Nobel prize in economics Monday for their sometimes-contradictory insights into the complexities of investing.


Eugene Fama and Lars Peter Hansen of the University of Chicago and Robert Shiller of Yale University were honored for shedding light on the forces that move stock, bond and home prices — findings that have transformed how people invest.


Fama's research revealed the efficiency of financial markets: They absorb information so fast that individual investors can't outperform the markets as a whole. His work helped popularize index funds, which reflect an entire market of assets, such as the Standard & Poor's 500 stock index.


"Fama's work was incredibly fundamental in the '60s and '70s," said David Warsh, who follows economists at his Economic Principals blog. "It led to enormous practical change in terms of people not buying particular stocks but buying index funds."


Shiller's research examined asset prices from a contrasting angle. He showed that in the long run, stock and bond markets can behave irrationally, reaching prices that are out of whack with economic fundamentals.


Shiller, 67, predicted the dot-com crash of the early 2000s and the implosion of home prices in 2007. He has also been a pioneer in the field of behavioral economics, or how human emotions, biases and preferences can collectively influence financial markets.


Using mathematical tools like the well-known Case-Shiller index of home prices, Shiller has expanded the available information on asset prices.


Meb Faber, chief investment officer at Cambria Investment Management, said his firm uses a model developed by Shiller to seek stock bargains around the world.


Hansen has focused on statistical models, creating ways to test competing theories of why asset prices move as they do.


Fama and Shiller "provide the ends of the spectrum" between those who believe financial markets are efficient and those who think them deeply flawed, with Hansen "in the middle doing the math," said Allen Sanderson, a University of Chicago lecturer in economics.


The three economists share the $1.2 million prize, the last of this year's Nobels to be announced.


"Their methods have shaped subsequent research in the field, and their findings have been highly influential both academically and practically," the Royal Swedish Academy of Sciences said in Stockholm.


Fama, 74, and Hansen, 60, became the 11th and 12th professors from the University of Chicago to win a Nobel in economics, the most for any university. Harvard is second, with six laureates.


Hansen said he received the phone call from Sweden while on his way to the gym Monday morning. He said he was "still working on taking a deep breath."


Fama was preparing to teach his first class as a Nobel laureate Monday. Asked whether his students would get a break, he said: "We'll see, but they're going to get an exam tomorrow, anyway. They paid their money; they're going to get the full pill."


The Nobel prizes in medicine, chemistry, physics, literature and peace were created by Swedish industrialist Alfred Nobel in 1895. Sweden's central bank added the economics prize in 1968 as a memorial to Nobel.


Americans have dominated the Nobel in economics in recent years. The last time there was no American among the winners was 1999.


Collectively, Fama, Shiller and Hansen didn't create a simple, unified theory of how financial markets work. Rather, they worked like "blind men feeling an elephant" — each finding a bit of the truth in a vast and complicated field, Sanderson said.


Fama's work drew criticism after the financial crisis of 2007-09 seemed to prove that financial markets were anything but efficient. Housing prices, after all, had scaled great heights and then crashed.


But David Backus, an economist at New York University, said "people completely misunderstand" what Fama was arguing.


"He said that information out there will be reflected in (asset) prices. That is completely different from saying financial markets work well," Backus said.


It was striking that Monday's prize went to both Fama and Shiller, who emphasizes not market efficiency but market failures and inefficiencies.


"The committee covered all the bases," George Mason University economist Tyler Cowen quipped on his blog, Marginal Revolution.


Still, the University of Chicago's Sanderson said Fama, with his belief that investors can't outsmart the market, and Shiller, with his study of financial excess, would probably offer similar investment advice.


"Both would probably say: 'Don't spend a whole lot of time listening to your stockbroker.'"


___


Wiseman reported from Washington, Ritter from Stockholm. Associated Press writers Malin Rising in Stockholm, Stephen Singer in Hartford, Conn., and Don Babwin and Ashley Heher in Chicago, contributed to this report.


Source: http://www.npr.org/templates/story/story.php?storyId=233889706&ft=1&f=
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Saturday, October 12, 2013

Rihanna -- Crazy Stalker Claimed to Be My FUTURE HUSBAND


Rihanna
Crazy Stalker Claimed to Be
My FUTURE HUSBAND



Exclusive


1011-rihanna-house-tmz

The delusional man who allegedly smashed his way into Rihanna's L.A. home and also claimed to be her "future husband" has just been hit with a restraining order, TMZ has learned.

We broke the story ... Jonathan Whooper was taken into custody on Oct. 4 after cops ID'd him as the man who threw a chair through a glass door at RiRi's Pacific Palisades home on Sept. 29.

According to court docs obtained by TMZ ... Whooper made multiple trips to the home. During the incident on the 29th, cops say he broke into the home, triggering the alarm.

When he couldn't disarm the system, he decided to leave ... but not before breaking a glass patio table.

According to the docs, Whooper returned to the home on October 4th ... but this time, he was confronted by security. When asked why he was there, Whooper explained, he was "there to see Rihanna."

When the guard ordered him to leave, Whooper allegedly said, "Do you know who I am?  I am Rihanna's future husband!"

Police arrested Whooper later that day a few miles from Rihanna's home. He was charged with prowling and felony attempted burglary, vandalism and stalking.

Rihanna begged the court for protection -- claiming she's suffered "substantial emotional distress and concern for her personal safety."

However, RiRi says she's unable to testify as a witness in the case because she's "currently on tour." Hey, girl's gotta work.

The judge decided Rihanna has a legitimate concern -- and issued a temporary restraining order against Whooper, ordering him to stay at least 100 yards away.

The case is due back in court later this month -- where Rihanna will most likely seek to make the order more permanent.





Source: http://www.tmz.com/2013/10/11/rihanna-stalker-trespass-future-husband/
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