Football club offered bailout bid despite £15m arrears

A firm controlled by a City council has made a bid to buy a football club, currently in administration and with arrears of over ?15 million, the BBC reports.

Coventry City FC has been made an offer to play rent-free at the Ricoh Arena by its stadium?s owner, Arena Coventry Limited (ACL), which is part owned by Coventry City Council.

Any agreement made between ACL and the former Premier League side would be ?free of any rental fee?, according to a statement made by the firm.

This reportedly includes ignoring ?1.3 million worth of rent still unpaid by the club to the owners of its stadium, the Ricoh Arena.

Coventry City Football Club (CCFC) Ltd, the firm controlling the League One side which is currently in administration, is the subject of bids from six potential buyers, including ACL and American property tycoon, Preston Haskell IV.

It is still unclear whether ACL?s bid ? or any others ? will be accepted by the Club?s administrator, Paul Appleton, once Thursday?s deadline has passed or whether the club will escape administration.

Any successful bid, however, will aim to take control of all of CCFC?s assets, including the Football League?s ?golden share?, which grants the club a license to play in the league.

Any successful bidder would also have to hold discussions with Sisu ? the club?s former owners ? and Coventry FC?s Holdings company, which owns the players? contracts.

Tim Fisher, Chief Executive of Coventry City FC Holdings (Ltd), maintains that ?the club is not for sale.?

In January, Coventry?s City Councillors agreed in private to use ?14 million of taxpayer ?cash balances? to bail out the Ricoh company?s mortgage, with ACL under financial pressure from lost football-related sponsorship and the club?s refusal to pay rent.

The council and ACL have been locked in a legal battle and financial dispute with Sisu over stadium rent, ownership and revenues.

Coventry City Football Club Holdings (Limited) ? owned by Sisu ? has continued to operate the club throughout its administration and has threatened to build a new stadium within three years, taking the club out of Coventry in the meantime, lest a suitable bidder be found.

According to the title, ACL?s statement read: "We have today notified the Football League of a proposed solution for the coming season to enable the football club to fulfil its commitments under Football League regulations, and to provide stability whilst Coventry City Football Club Limited, which owns the League Share, remains in administration.

"All charges incurred on matchday as a consequence of staging a match will be passed through at cost.?

It went on to say: "Whilst these sums may vary depending on attendances, it should be noted that policing, stewarding and pitch maintenance have historically been directly managed and paid for by the club.

"Given ACL wishes to ensure it provides the best playing surface possible, it will now take direct responsibility for future management and maintenance of the pitch.?

Source: http://www.loantalk.co.uk/newsstory?id=1152&type=newsfeature&title=football_club_offered_bailout_bid_despite_15m_arrears

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The best apps to watch cable on your iPhone and iPad

I am one of those people who has ?cut the cord? of cable television. Actually, I never had the cord in the first place. I?ve just managed to get by on broadcast TV. When the nation went digital, I didn?t even get a converter box for my TV set. I spend most of my media-watching time on Netflix or Hulu Plus on my Apple TV.

However, there are times when watching television is necessary for me, like when there is an earthquake (which actually happened in Sacramento a few weeks ago) or following the presidential elections. For those times, I go to my iPad or iPhone.

Whether you?ve cut the cord on cable and need a way to watch broadcast television, or want to take your favorite cable shows on the go with you, we have a list of apps to suit your needs?

Keep up on all your favorite shows, watch popular episodes on-demand, in some cities, take advantage of live streaming of the broadcast network.

View more than 100 full episodes of latest NBC shows, access behind the scenes clips and previews, play trivia games, and more.

Watch full episodes of the most popular programs, participate in discussions with others in the live social feed, personalize your show list, and check out pictures and cast bios of your favorite shows.

Access popular programs and access special features through SYNC, cable subscribers watch full episodes, check out behind-the-scenes previews and clips of Fox?s most popular TV shows.

Stream full episodes of your favorite shows, up to the five most recent releases, connect directly through Facebook and Twitter for social integration, watch bonus clips, see photos, and view the broadcast network?s schedule.

Watch currently scheduled programs, access archived shows, connect with Facebook, and view the non-profit network?s content schedule.

Cable subscribers can access ESPN, ESPN2, ESPN3, and ESPNU to watch NBA games, MLB games, the Masters, US Open, and more.

Follow up-to-the-minute news as it develops and watch live video of events. Be an iReporter by uploading your own photos and videos of the news from your point of view.

Cable subscribers can watch popular programing on demand from any iOS device, including syncing so you can pick up where you left off anywhere.

Similar to Watch Disney Channel, but exclusive to Disney Junior TV shows like Mickey Mouse Club. Designed for ages 2 to 7.

Cable subscribers can access 40 different popular programs with access to full episodes of many TV shows with full schedule of monthly programing.

Cable subscribers can watch HBO?s hit exclusive TV shows, as well as currently running movies. Access behind-the-scenes extras of your favorite shows and create customized playlists for a personalized TV-watching experience.

The same as HBO Go, but for Cinemax.

Cable subscribers have access to full episodes and clips from popular shows. You can also create customized playlists and see exclusive clips and deleted scenes.

The same as A&E, but for the History Channel. Cable subscribers can also look up additional clips about the most fascinating categories of history.

The same as A&E, but for Lifetime.

Cable subscribers have access to every single episode of a dozen exclusive Showtime TV shows, plus championship boxing and 60 Minute Sports.

Cable Subscribers can join in on Character Chatter to discuss currently playing shows, start a FaceTime chat with other fans, and get real-time polls and trivia about your favorite programs.

View video clips, photos, blog posts and play trivia with this network companion app.

Check out exclusive videos, read articles on MTV News, TV shows, movies, and keep up on the gaming blog. See photos from MTV Events.

Access premium bonus content with Discovery Plus, the app?s second-screen featured. Plus, watch clips and even full episodes of the network?s most popular shows.

Watch Bloomberg Television Live, 24-hours a day with top videos of breaking news, read related articles, and access top interviews from Bloomberg Radio.

Access exclusive behind-the-scenes information from actors and producers. See exclusive photos, read trivia, participate in viewer poles, and access social networking features to discuss your favorite shows with other fans.

Watch full episodes of popular shows, read summaries of each show and what time it airs. See daily video clips and tag your favorites for viewing later.

Get recipes and highlights from your favorite shows, see exclusive video clips and behind-the-scenes photos, read chef biographies, and check out the network?s programing schedule.

Access daily Pop of Culture information, get breaking entertainment news, photos, and videos, read celebrity scoops and watch clips of your favorite E! shows.

DIRECTV registered customers can watch thousands of TV shows and movies On Demand from HBO, Cinemax, Starz, Encore, and more.

Time Warner Cable subscribers can watch their favorite shows On Demand, set up recording with their DVR, and even watch some shows away from home.

There are also a variety of apps from local cable providers in your area.

Source: http://feedproxy.google.com/~r/iphonedlb/~3/GBmbf6b5zYA/

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Justices Rule Genes Aren't Patentable (WSJ)

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Education News Headlines - Yahoo! News

http://news.yahoo.com/education/ Get the latest Education news headlines from Yahoo! News. Find breaking education news, including analysis and opinion on top Education stories, photos and more.en-USCopyright (c) 2013 Yahoo! Inc. All rights reservedTue, 11 Jun 2013 20:36:31 -04005http://news.yahoo.com/education/ http://l.yimg.com/a/i/us/nws/th/main_142c.gifBy Sharon Bernstein LOS ANGELES (Reuters) - Public schools in California would receive significantly more money to educate students from disadvantaged backgrounds under a deal announced on Tuesday that would dramatically reshape public school funding in the nation's most populous state. The deal, part of a broader agreement on the state's budget, also gives local school districts more control over how they spend the $55.3 billion that the state expects to allocate for the upcoming fiscal year, which begins July 1. ...http://news.yahoo.com/california-spend-more-educate-poor-non-english-speakers-003631202.htmlTue, 11 Jun 2013 20:36:31 -0400Reuterscalifornia-spend-more-educate-poor-non-english-speakers-003631202Heart attack therapies can leave patients with an elevated risk of future heart failure, but four California high school students have a solution.http://news.yahoo.com/high-school-scientists-innovate-medical-therapies-143157195.htmlTue, 11 Jun 2013 10:31:57 -0400U.S.News & World Report LPhigh-school-scientists-innovate-medical-therapies-143157195Shares of Corinthian Colleges Inc. declined in premarket trading Tuesday as the company disclosed that it is under investigation by the Securities and Exchange Commission. In a regulatory filing, the Santa ...http://news.yahoo.com/ahead-bell-corinthian-colleges-122353895.htmlTue, 11 Jun 2013 08:23:53 -0400Associated Pressahead-bell-corinthian-colleges-122353895The North Dakota Petroleum Council says it's hosting more than 40 teachers from across the state for an annual oil seminar for educators. The seminar is slated for Monday through Thursday in Bismarck. ...http://news.yahoo.com/nd-oil-group-hosting-seminar-180304770.htmlMon, 10 Jun 2013 14:03:04 -0400Associated Pressnd-oil-group-hosting-seminar-180304770It sounds like the worst of all worlds ? borrowing money for college, then dropping out and facing the debt without a degree. But a new study argues that the investment in even a partial college education ...http://news.yahoo.com/study-even-drop-outs-college-155155527.htmlMon, 10 Jun 2013 11:51:55 -0400Associated Pressstudy-even-drop-outs-college-155155527The man behind a set of astounding leaks about top-secret government data-gathering efforts has unmasked himself. The Guardian and The Washington Post, both of which published details about a highly classified NSA data-mining program late last week, unveiled the man behind those revelations as Edward Snowden, a former government contractor.http://news.yahoo.com/little-know-nsa-leaker-edward-snowden-072118259.htmlMon, 10 Jun 2013 11:02:05 -0400National Journallittle-know-nsa-leaker-edward-snowden-072118259In the college decision-making process, cost is key.http://news.yahoo.com/state-tuition-state-colleges-141049600.htmlMon, 10 Jun 2013 10:10:49 -0400U.S.News & World Report LPstate-tuition-state-colleges-141049600Hewlett-Packard and Windows 8 might not take the state's Apple-loving schools by storm, but they're making a strong pitch to educators who must decide this week which laptops or tablets they're going to ...http://news.yahoo.com/microsoft-hp-laptop-pitch-maine-144613117.htmlSat, 08 Jun 2013 10:51:22 -0400Associated Pressmicrosoft-hp-laptop-pitch-maine-144613117As the school year winds down, President Obama and Secretary of Education Arne Duncan are dropping in on schools around the country.In the last month, President Obama has delivered commencement speeches?and?kicked off the start of ConnectED, a program expanding high-speed Internet access to all public schools in the U.S.; and today Duncan visited a New York City high school to discuss High School Redesign, a $300 million competitive grant program. ...http://news.yahoo.com/stop-kids-dropping-high-school-005600693.htmlFri, 07 Jun 2013 20:56:00 -0400Takepart.comstop-kids-dropping-high-school-005600693By Sinead Carew NEW YORK (Reuters) - The Ontario Teachers Pension Plan, the fifteenth biggest shareholder in Sprint Nextel Corp , said on Friday it intends to vote for SoftBank Corp's plan to buy 70 percent of Sprint for $20.1 billion. The pension plan owned 40.2 million shares, or 1.33 percent, of Sprint, according to the latest publicly available information. It did not provide details on its website on how it came to its decision ahead of a June 12 special meeting where shareholders are due to vote on the deal. ...http://news.yahoo.com/ontario-teachers-vote-softbank-sprint-deal-235720751.htmlFri, 07 Jun 2013 19:57:20 -0400Reutersontario-teachers-vote-softbank-sprint-deal-235720751The last-minute addition by lawmakers of a $69 million increase to Louisiana's public school funding formula to next year's budget includes dollars for a teacher pay raise. At least half of the money must ...http://news.yahoo.com/louisiana-teachers-slated-pay-raise-193037529.htmlFri, 07 Jun 2013 15:30:37 -0400Associated Presslouisiana-teachers-slated-pay-raise-193037529Being a teenager can be pretty mortifying and no topic is likely more cringe-inducing than sex. Conversations?whether they?re with a parent, a sexual partner or a physician?about the logistics of sex, who is and isn?t having it, and the nitty-gritty of being responsibly sexually active can be at best embarrassing and at worst terrifying.In an attempt to give students another option, the Los Angeles Unified School District is promoting a phone app that teaches middle and high school students about HIV and sexually transmitted diseases.The app, developed by Qpid. ...http://news.yahoo.com/newest-way-tell-ex-std-000900108.htmlWed, 05 Jun 2013 20:09:00 -0400Takepart.comnewest-way-tell-ex-std-000900108Tennessee college students will see a lower increase in tuition thanks to improved state funding. The Tennessee Board of Regents Committee on Finance and Business Operations this week recommended increases ...http://news.yahoo.com/tenn-colleges-see-lowest-tuition-191455094.htmlWed, 05 Jun 2013 15:14:55 -0400Associated Presstenn-colleges-see-lowest-tuition-191455094NEW YORK (AP) ? A group of about 100 high school students traveling from New York to Atlanta were thrown off a flight, along with their chaperones, after the pilot and crew lost patience with some kids who wouldn't sit down and put away their cellphones.http://news.yahoo.com/100-students-ejected-nyc-atlanta-flight-210505331.htmlWed, 05 Jun 2013 08:40:10 -0400Associated Press100-students-ejected-nyc-atlanta-flight-210505331Is New York City finally ready for citywide educational reform?http://news.yahoo.com/nyc-principals-given-more-power-oust-bad-teachers-175600803.htmlTue, 04 Jun 2013 13:56:00 -0400Takepart.comnyc-principals-given-more-power-oust-bad-teachers-175600803Nevada lawmakers approved a $6.6 general fund budget Monday, adopting the bulk of recommendations proposed by Republican Gov. Brian Sandoval that adds money for public schools and early development learning, ...http://news.yahoo.com/legislature-approves-6-6b-nevada-152641165.htmlTue, 04 Jun 2013 11:26:41 -0400Associated Presslegislature-approves-6-6b-nevada-152641165Lessons taught in high schools often skimp on 21st century skills such as collaboration and real-world problem solving, according to a report released last week by Gallup.http://news.yahoo.com/ways-teachers-bring-21st-century-skills-high-schools-151549097.htmlMon, 03 Jun 2013 11:15:49 -0400U.S.News & World Report LPways-teachers-bring-21st-century-skills-high-schools-151549097By Daniel Alvarenga LISBON, June 3 (Reuters) - Jose Mourinho returned on Monday to the club where he feels loved - but if it goes wrong at Chelsea the charismatic coach will be assured of the warmest of welcomes in his native Portugal where he is a national hero. Revered at former club Porto having taken them to the peak of European soccer, he is widely viewed as a role model whose teachings go way beyond the sport. "Mourinho is an icon for us, 99 percent of Portuguese like him," the head of the country's coaching association Vitor Macas told Reuters in an interview. ...http://news.yahoo.com/soccer-mourinho-loved-across-party-lines-portugal-140904741.htmlMon, 03 Jun 2013 10:09:04 -0400Reuterssoccer-mourinho-loved-across-party-lines-portugal-140904741President Barack Obama kicked off a new critical campaign for college students on Friday.http://news.yahoo.com/why-july-1st-ticking-time-bomb-college-students-233500541.htmlFri, 31 May 2013 19:35:00 -0400Takepart.comwhy-july-1st-ticking-time-bomb-college-students-233500541Professor John Covach teaches a MOOC class about the history of rock music at the University of Rochester.http://news.yahoo.com/moocs-change-higher-education-better-220400775.htmlFri, 31 May 2013 18:04:00 -0400Takepart.commoocs-change-higher-education-better-220400775<p><a href="http://news.yahoo.com/joss-whedon-not-too-proud-bring-marvels-main-181023131.html"><img src="http://l.yimg.com/bt/api/res/1.2/IyKgJul06qkV1VlcA524Dg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/theatlanticwire/Joss_Whedon_Is_Not_Too-a3c75bdf6837f5065e2d282a99ee55ec" width="130" height="86" alt="Joss Whedon Is Not Too Proud to Bring Marvel&#039;s Main Man Back from the Dead" align="left" title="Joss Whedon Is Not Too Proud to Bring Marvel&#039;s Main Man Back from the Dead" border="0" /></a>Marvel&#039;s Agents of S.H.I.E.L.D.?might just be the biggest show of the upcoming television season. It&#039;s a spinoff of the third-highest grossing movie of all time, a big-screen-to-small-screen corporate bet by Disney and ABC as networks scramble to find innovative, impact storytelling. And for Marvel&#039;s TV domination to work in the first place, Joss Whedon had to resurrect the dead. But don&#039;t worry about that, the director says.?</p><br clear="all"/>http://news.yahoo.com/joss-whedon-not-too-proud-bring-marvels-main-181023131.htmlFri, 31 May 2013 14:10:23 -0400The Atlantic Wirejoss-whedon-not-too-proud-bring-marvels-main-181023131<p><a href="http://news.yahoo.com/joss-whedon-not-too-proud-bring-marvels-main-181023131.html"><img src="http://l.yimg.com/bt/api/res/1.2/IyKgJul06qkV1VlcA524Dg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/theatlanticwire/Joss_Whedon_Is_Not_Too-a3c75bdf6837f5065e2d282a99ee55ec" width="130" height="86" alt="Joss Whedon Is Not Too Proud to Bring Marvel&#039;s Main Man Back from the Dead" align="left" title="Joss Whedon Is Not Too Proud to Bring Marvel&#039;s Main Man Back from the Dead" border="0" /></a>Marvel&#039;s Agents of S.H.I.E.L.D.?might just be the biggest show of the upcoming television season. It&#039;s a spinoff of the third-highest grossing movie of all time, a big-screen-to-small-screen corporate bet by Disney and ABC as networks scramble to find innovative, impact storytelling. And for Marvel&#039;s TV domination to work in the first place, Joss Whedon had to resurrect the dead. But don&#039;t worry about that, the director says.?</p><br clear="all"/><p><a href="http://news.yahoo.com/washington-d-c-named-best-big-city-working-172600518.html"><img src="http://l2.yimg.com/bt/api/res/1.2/a5ddG6jKHKbsK9NnF_rdNQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/associatedcontent/470_2633194.jpg" width="130" height="86" alt="Washington, D.C., Named the Best Big City for Working Women" align="left" title="Washington, D.C., Named the Best Big City for Working Women" border="0" /></a>NerdWallet is an online personalized finance service that helps &quot;consumers make better decisions about their personal finances, travel plans, or higher education.&quot; The company recently published a report that named the best places for women in the workforce, and Washington, D.C., was No. 1 on the big city list.</p><br clear="all"/>http://news.yahoo.com/washington-d-c-named-best-big-city-working-172600518.htmlFri, 31 May 2013 11:15:38 -0400Yahoo! Contributor Networkwashington-d-c-named-best-big-city-working-172600518<p><a href="http://news.yahoo.com/washington-d-c-named-best-big-city-working-172600518.html"><img src="http://l2.yimg.com/bt/api/res/1.2/a5ddG6jKHKbsK9NnF_rdNQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/associatedcontent/470_2633194.jpg" width="130" height="86" alt="Washington, D.C., Named the Best Big City for Working Women" align="left" title="Washington, D.C., Named the Best Big City for Working Women" border="0" /></a>NerdWallet is an online personalized finance service that helps &quot;consumers make better decisions about their personal finances, travel plans, or higher education.&quot; The company recently published a report that named the best places for women in the workforce, and Washington, D.C., was No. 1 on the big city list.</p><br clear="all"/>Planning for the future isn't just about saving for a child's college education. Parents need to decide what will happen to college savings if they're not around.http://news.yahoo.com/college-savings-accounts-part-estate-planning-142625637.htmlFri, 31 May 2013 10:26:25 -0400U.S.News & World Report LPcollege-savings-accounts-part-estate-planning-142625637Almost 50 students at the University of Colorado Boulder voluntarily ? sometimes gleefully ? signed a huge, fake thank-you card to the Internal Revenue Service on Tuesday. The card expressed gratitude to the IRS for its extensive efforts to target conservative and religious groups for audits and protracted nonprofit-status processing.http://news.yahoo.com/college-students-thank-irs-illicitly-targeting-conservative-groups-141816874.htmlThu, 30 May 2013 10:18:16 -0400The Daily Callercollege-students-thank-irs-illicitly-targeting-conservative-groups-141816874The movement of "Massive Open Online Courses," which began with elite universities making their courses available online to the masses, is rapidly moving into the trenches of public higher education. ...http://news.yahoo.com/higher-ed-systems-10-states-041250155.htmlThu, 30 May 2013 07:36:18 -0400Associated Presshigher-ed-systems-10-states-041250155Wake-Up Call! is Hotline's daily morning briefing on campaigns and elections. Click here to subscribe.WHAT'S NEWSPres. Obama held 2 fundraisers for the DCCC in Chicago and stayed overnight at his home, telling donors "one of the best ways" to work around GOP obstruction "is to have a Democratic House of Representatives." DCCC chairman Steve Israel "got a birthday serenade" from Obama and the audience (Chicago Tribune). Obama plans to nominate James Comey, the ex-deputy AG under George W. Bush, to succeed Robert Mueller as FBI director, sources say. ...http://news.yahoo.com/obama-taps-comey-fbi-pryor-air-lepage-guns-085752052.htmlThu, 30 May 2013 04:57:52 -0400National Journalobama-taps-comey-fbi-pryor-air-lepage-guns-085752052Chicago?s controversial decision to close 50 public schools was challenged by a third lawsuit Wednesday, inflaming a public relations war between City Hall and the teachers union that polls say is being waged at a time that Mayor Rahm Emanuel is more vulnerable politically.http://news.yahoo.com/chicago-simmers-over-school-closings-bad-mayor-emanuel-003704366.htmlWed, 29 May 2013 20:37:04 -0400Christian Science Monitorchicago-simmers-over-school-closings-bad-mayor-emanuel-003704366By Philip Pullella ROME (Reuters) - An Italian professor said on Wednesday he has identified what he believes is the world's oldest complete scroll of the Torah, containing the full text of the first five books of Hebrew scripture. Mauro Perani, professor of Hebrew at the University of Bologna, said experts and carbon dating tests done in Italy and the United States dated the scroll as having been made between 1155 and 1225. The scroll, which has been in possession of the Bologna University Library for more than 100 years, had been previously thought to be from the 17th century. ...http://news.yahoo.com/italy-professor-says-found-worlds-oldest-complete-torah-145302347.htmlWed, 29 May 2013 10:53:02 -0400Reutersitaly-professor-says-found-worlds-oldest-complete-torah-145302347After a good amount of hoopla, Texas Governor Rick Perry is expected to quietly sign legislation allowing public schools to celebrate Christmas and other winter holidays plainly and explicitly without fear of lawsuits.http://news.yahoo.com/ho-ho-ho-merry-christmas-bill-expected-become-123624713.htmlWed, 29 May 2013 08:36:24 -0400The Daily Callerho-ho-ho-merry-christmas-bill-expected-become-123624713NEW YORK (AP) ? A New York man who spent 16 years in prison for a crime he didn't commit has received a master's degree from John Jay College of Criminal Justice.http://news.yahoo.com/exonerated-ny-man-gets-masters-degree-121900515.htmlWed, 29 May 2013 08:19:00 -0400Associated Pressexonerated-ny-man-gets-masters-degree-121900515<p><a href="http://news.yahoo.com/5-teens-identified-victims-fiery-calif-crash-235558266.html"><img src="http://l1.yimg.com/bt/api/res/1.2/.f21XMtJ3ZZcKhGS9IpsRQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/6cf35921e1382b11330f6a706700a8ec.jpg" width="130" height="86" alt="Cars drive past the scene of a Monday fiery car crash that killed five, Tuesday, May 28, 2013 in Newport Beach, Calif. Coroner officials were still working to positively identify all five victims who were killed in the Monday crash, when an Infiniti sedan carrying the five people veered off a road around 5:20 p.m. and hit a tree, said Kathy Lowe, Newport Beach police spokeswoman. The impact split the car and it caught fire, she said. (AP Photo/The Orange County Register, Bruce Chambers) MAGS OUT; LOS ANGELES TIMES OUT" align="left" title="Cars drive past the scene of a Monday fiery car crash that killed five, Tuesday, May 28, 2013 in Newport Beach, Calif. Coroner officials were still working to positively identify all five victims who were killed in the Monday crash, when an Infiniti sedan carrying the five people veered off a road around 5:20 p.m. and hit a tree, said Kathy Lowe, Newport Beach police spokeswoman. The impact split the car and it caught fire, she said. (AP Photo/The Orange County Register, Bruce Chambers) MAGS OUT; LOS ANGELES TIMES OUT" border="0" /></a>NEWPORT BEACH, Calif. (AP) ? Five Southern California high school students who died in a fiery car wreck on their way to the beach included a pair of sisters and best friends who bonded over their immigrant experiences, friends said Tuesday.</p><br clear="all"/>http://news.yahoo.com/5-teens-identified-victims-fiery-calif-crash-235558266.htmlTue, 28 May 2013 22:00:03 -0400Associated Press5-teens-identified-victims-fiery-calif-crash-235558266<p><a href="http://news.yahoo.com/5-teens-identified-victims-fiery-calif-crash-235558266.html"><img src="http://l1.yimg.com/bt/api/res/1.2/.f21XMtJ3ZZcKhGS9IpsRQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/6cf35921e1382b11330f6a706700a8ec.jpg" width="130" height="86" alt="Cars drive past the scene of a Monday fiery car crash that killed five, Tuesday, May 28, 2013 in Newport Beach, Calif. Coroner officials were still working to positively identify all five victims who were killed in the Monday crash, when an Infiniti sedan carrying the five people veered off a road around 5:20 p.m. and hit a tree, said Kathy Lowe, Newport Beach police spokeswoman. The impact split the car and it caught fire, she said. (AP Photo/The Orange County Register, Bruce Chambers) MAGS OUT; LOS ANGELES TIMES OUT" align="left" title="Cars drive past the scene of a Monday fiery car crash that killed five, Tuesday, May 28, 2013 in Newport Beach, Calif. Coroner officials were still working to positively identify all five victims who were killed in the Monday crash, when an Infiniti sedan carrying the five people veered off a road around 5:20 p.m. and hit a tree, said Kathy Lowe, Newport Beach police spokeswoman. The impact split the car and it caught fire, she said. (AP Photo/The Orange County Register, Bruce Chambers) MAGS OUT; LOS ANGELES TIMES OUT" border="0" /></a>NEWPORT BEACH, Calif. (AP) ? Five Southern California high school students who died in a fiery car wreck on their way to the beach included a pair of sisters and best friends who bonded over their immigrant experiences, friends said Tuesday.</p><br clear="all"/>NEWPORT BEACH, Calif. (AP) ? Coroner's officials say five people killed in a fiery California crash that split a car in half were teenage high school students, including two sisters.http://news.yahoo.com/5-teens-killed-calif-crash-identified-223034592.htmlTue, 28 May 2013 18:30:34 -0400Associated Press5-teens-killed-calif-crash-identified-223034592The Republican-controlled Michigan House approved a $15.1 billion education budget that includes an increase in funding for state universities, community colleges and public schools Tuesday, passing the ...http://news.yahoo.com/michigan-house-oks-budget-schools-203824269.htmlTue, 28 May 2013 16:38:24 -0400Associated Pressmichigan-house-oks-budget-schools-203824269<p><a href="http://news.yahoo.com/college-grads-love-200100844.html"><img src="http://l1.yimg.com/bt/api/res/1.2/xGTwzk.4h79dQxZi0aDoLA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/theweek/the-skys-not-the-only-limit.jpg" width="130" height="86" alt="The sky&#039;s not the only limit." align="left" title="The sky&#039;s not the only limit." border="0" /></a>You know the old adage, &quot;Choose a job you love, and you&#039;ll never work a day in your life&quot;? It can be interpreted two ways</p><br clear="all"/>http://news.yahoo.com/college-grads-love-200100844.htmlTue, 28 May 2013 16:01:00 -0400The Weekcollege-grads-love-200100844<p><a href="http://news.yahoo.com/college-grads-love-200100844.html"><img src="http://l1.yimg.com/bt/api/res/1.2/xGTwzk.4h79dQxZi0aDoLA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/theweek/the-skys-not-the-only-limit.jpg" width="130" height="86" alt="The sky&#039;s not the only limit." align="left" title="The sky&#039;s not the only limit." border="0" /></a>You know the old adage, &quot;Choose a job you love, and you&#039;ll never work a day in your life&quot;? It can be interpreted two ways</p><br clear="all"/>Unions are professional organizations. They provide services for teachers that cover an incredible gamut of purposes. Yet, despite all the positive work teachers??unions do for students, and education in general, some groups continue to criticize these organizations without really understanding their purpose and their function.http://news.yahoo.com/biggest-misconceptions-teachers-unions-debunked-191118961.htmlTue, 28 May 2013 15:11:18 -0400Takepart.combiggest-misconceptions-teachers-unions-debunked-191118961By Karen Brooks AUSTIN, Texas (Reuters) - Texas lawmakers passed sweeping changes to the state's $116 billion teacher pension system on Sunday, including the first cost-of-living increase in a dozen years and a new requirement that school districts pay part of the expense. The state, the teachers themselves and the school districts will increase contributions, making the Teachers Retirement System of Texas less reliant on market returns. Without the changes, the healthcare account alone would have faced a $1 billion shortfall by 2017, supporters of the legislation said. ...http://news.yahoo.com/texas-makes-teachers-pensions-less-reliant-markets-234802827.htmlSun, 26 May 2013 19:48:02 -0400Reuterstexas-makes-teachers-pensions-less-reliant-markets-234802827NEW YORK (AP) ? The Horace Mann School, one of New York City's most prestigious private schools, has apologized for more than three decades of sexual abuse perpetrated by some of its teachers and administrators, according to a letter posted on its website Friday.http://news.yahoo.com/elite-nyc-school-apologizes-past-abuse-002519436.htmlFri, 24 May 2013 20:39:25 -0400Associated Presselite-nyc-school-apologizes-past-abuse-002519436By Stephanie Simon (Reuters) - Louisiana's schools chief vowed on Friday to push ahead with a plan to let students take classes from private firms and nonprofits at taxpayers' expense, despite a legal setback and objections from some educators. The Course Choice plan, which goes far beyond any other U.S. school program in letting families customize a child's education, had been thrown into doubt after the state Supreme Court ruled earlier this month that Louisiana could not divert money meant for public schools to private organizations. ...http://news.yahoo.com/louisiana-push-ahead-paying-private-firms-teach-kids-202539214.htmlFri, 24 May 2013 16:25:39 -0400Reuterslouisiana-push-ahead-paying-private-firms-teach-kids-202539214Many Arkansas college students will see a hike in tuition next year. Officials said Thursday that the University of Arkansas System Board of Trustees approved a 3.5 percent increase in tuition and fees ...http://news.yahoo.com/many-ark-college-students-see-145033286.htmlFri, 24 May 2013 10:50:33 -0400Associated Pressmany-ark-college-students-see-145033286College students in Washington state say they need Congress to give them affordable student loans at a rate they can depend on, instead of a yearly debate on rising interest rates. "The fact that ...http://news.yahoo.com/wash-college-students-ask-congress-144310939.htmlFri, 24 May 2013 10:43:10 -0400Associated Presswash-college-students-ask-congress-144310939

Source: http://rss.news.yahoo.com/rss/education

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The Engadget Interview: Mozilla Firefox VP Johnathan Nightingale

Talk to those high up at Mozilla and they'll tell you that the platform war for third place is a waste of time; that Windows Phone and BlackBerry are as doomed as each other, because developers will never, ever be interested in the "five percent". That's not to say there isn't room for a rebellious alternative, but the way Mozilla sees it, such an option has already been available since the beginning. It's not another proprietary ecosystem, but something that spans all ecosystems: namely, the web itself, in all its open and hackable glory.

On the other hand, Johnathan Nightingale, VP of Firefox Engineering, acknowledges that most of his estimated 450 million users don't care a jot for this type of sermonizing. All they want is a good browser, which means Nightingale is in a constant "fight" with Chrome and IE over market share and new features. With Firefox OS barely off the ground (and full of uncertainty), and with no iOS relationship to speak of either, it falls to Firefox for Windows, Mac and Android to wage this war, and if you read on you'll discover why Nightingale thinks these browsers will win -- even when they may appear to be losing.

Filed under: Internet, Software, Mobile

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Source: http://www.engadget.com/2013/06/10/mozilla-firefox-vp-johnathan-nightingale/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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Call of Duty: Ghosts pre-E3 preview shows off more next-gen FPS action (video)

Call of Duty: Ghosts debuts this fall as the latest entry in a popular series, but our most in-depth look at it so far comes today. On the eve of E3 2013 press conferences Activision and Infinity Ward are giving a preview of what it will be like on the Playstation 4 and Xbox One, and even on the 122-ft wide screen they'll have in their booth. This is our best look at the game since a brief teaser trailer and word that its DLC will arrive first on the Xbox One. Other than a look at more next-gen gameplay, it also highlighted new elements like a dog named Riley that will accompany you in single player and can take commands via headset and broadcast video back to the player's character. Video of the preview event and the new gameplay footage are ready to view after the break. Check out a few new screenshots below before you click through.

Gallery: Call of Duty: Ghosts

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/q2AOwhiSsmA/

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BofA could still put Countrywide into bankruptcy, executive says ...

on June 10, 2013 10:52 pm in Business News / no comments

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By Karen Freifeld NEW YORK (Reuters) - Bank of America Corp could put its Countrywide Financial unit into bankruptcy if it fails to win court approval for an $8.5 billion settlement with mortgage investors, a bank executive said on Monday. Chief Risk Officer Terrence Laughlin was testifying at a hearing in New York state court on whether to approve the deal, which would settle claims by investors who said Countrywide misrepresented the mortgages underlying bonds they bought. ...

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Source: http://www.financeroom.net/?p=109788

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Suburban poverty (Offthekuff)

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Home insurance executive summary ? Bankrate, Inc.

Any fancy research study worthy of its footnotes these days begins with an executive summary, which, as the name implies, summarizes upfront the findings that follow. It's called an "executive" summary instead of what are arguably more appropriate titles because busy executives don't have time to wade through pages of wonk work to get to the point.

New Jersey Gov. Chris Christie, who no doubt has scanned his share of executive summaries over the years, figures it's exactly what his state's homeowners need to help them understand their home insurance.

Following in the wake of Superstorm Sandy, Christie signed a bill this month that would require home insurance companies to provide policyholders with a one-page executive summary. The summary would explain "notable coverages and exclusions under the policy" and must be "written in a simple, clear, understandable, and easily readable way." State insurance regulators were charged with establishing a timeline to implement the new law.

The executive summary idea arose from a December meeting of the New Jersey Assembly in which financial institutions and the state's insurance committee reviewed insurance snags that occurred following the freak October storm that devastated much of the Jersey shore. Issues that were identified included the fact that many homeowners simply did not understand the terms of their home insurance coverage.

"Understanding fully the insurance fine print can be among the most daunting tasks consumers face," said democratic state Assemblywoman Linda Stender. "Insurance companies need to provide clearer and better explanations of their policies, and this is a pro-consumer step in that direction."

When insurers expressed concern that the simplified contents of such an executive summary might expose them to even more litigation, the legislators amended the bill to require the summaries to be clearly labeled as a guide only and not the policy itself.

Christie has a point. Have you actually read your home insurance policy? Probably not. At best, you may have scanned the contract's checklist of coverages, which can often prompt more questions than answers. Even the declaration page, if you have one, can be stubbornly opaque.

That said, the unusual circumstances of is-it-a-hurricane-or-isn't-it Superstorm Sandy turned out to be a perfect storm of consumer confusion, testing the bandwidth of even the policy-savvy.

What's your read? Should all home insurance policies come with an executive summary?

Follow me on Twitter: @omnisaurus

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Jay MacDonald is a Bankrate contributing editor and co-author of "Future Millionaires' Guidebook," an e-book by Bankrate editors and reporters.

Source: http://www.bankrate.com/financing/insurance/home-insurance-executive-summary/

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