Saturday, December 31, 2011

Rome's Sears, Kmart safe ? for now

by AP, staff reports Associated Press

A Sears store in Longmont, Colo., displays sale signs on Thursday, Dec. 29, 2011. The Hoffman Estates-based retailer Sears announced specific stores it would close on Thursday, Dec. 29. Sears announced this week that it would close as many as 120 stores nationally after poor holiday sales. The Longmont, Colo., store (above) is one of the stores that will close, but for now the Rome Sears and Kmart stores have been spared. (Joshua Buck, Associated Press)

A Sears store in Longmont, Colo., displays sale signs on Thursday, Dec. 29, 2011. The Hoffman Estates-based retailer Sears announced specific stores it would close on Thursday, Dec. 29. Sears announced this week that it would close as many as 120 stores nationally after poor holiday sales. The Longmont, Colo., store (above) is one of the stores that will close, but for now the Rome Sears and Kmart stores have been spared. (Joshua Buck, Associated Press)

slideshow A preliminary closing list issued Thursday does not call for the shuttering of either of Rome?s Sears or Kmart stores.

Sears Holding Corp. announced earlier this week it would close as many as 120 stores to raise cash.

A preliminary closing list of 79 stores does not include the Sears at Mount Berry Square or the Kmart on Hicks Drive, which also sells Sears appliances and a few other Sears items. It was not known Thursday when more closures will be announced.

In Georgia, Sears Holdings Corp. says it will close its store at the Macon mall, along with several Kmarts in Buford, Columbus, Douglasville, Jonesboro and Southwest Atlanta.

Florida will be hit the hardest by the closing of Sears and Kmart stores, losing 11.

Ohio, Michigan and Georgia are not far behind with six store closures planned in their states. Tennessee, North Carolina and Minnesota are set to lose four stores each.

A spokeswoman for Sears Holding Corp. said each store employs between 40 and 80 people.

None of the closures announced so far are in Sears? home state of Illinois.

The projected closings represent only about 3 percent of Sears Holdings? U.S. stores. Sears and Kmart merged in 2005. The company now has about 3,560 stores in the U.S. That?s up from 3,500 immediately after the merger, because of the addition of more small stores.

Source: http://rn-t.com/bookmark/16938719

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Friday, December 30, 2011

After Kim Jong-il funeral: collapse or continuity for North Korea? (The Christian Science Monitor)

Seoul, South Korea ? About 200,000 North Koreans bade a tearful farewell today to ?Dear Leader? Kim Jong-il in a three-hour funeral procession in Pyongyang that made one point clear: North Korean strategists want the world to know that third son Kim Jong-un is their new leader.

While crowds wept and wailed to the stentorian sounds of funeral music, Kim Jong-un, wearing a long black coat, trudged in snow under gray skies on the right side of the hearse bearing the flag-draped coffin of his father on the roof.

That image provides compelling visual evidence of the rapid ascent of Kim Jong-un, still in his late 20s, to the top of the North Korean hierarchy. Regardless of how much power he really wields among the other top leaders ? also walking beside the hearse ? he will hold the country?s highest military and party titles.

Just how isolated is North Korea? 6 facts to consider

Now the question is whether he can endure the advice of his uncle Jang Song-thaek, right behind him in the funeral cortege. The corollary question is whether North Korea will collapse under the weight of the hunger, poverty, and disease afflicting the vast majority of citizens outside the ruling elite and military establishment of some 1.1 million troops, believed to be the world?s fourth or fifth largest.

As far as people here are concerned, stability would be the best outcome for North Korea ? though few might be able to predict the long-range future of a country that?s increasingly dependent on China, its Korean War ally, for fuel, food, military support and much else needed to survive.

?Most people support the theory that Kim Jong-un will settle down successfully,? says Kim Tae-woo, president of the Korea Institute of National Unification. ?He is of royal pedigree? ? an allusion to his inheritance of the dynasty founded by his long-ruling grandfather, Kim Il-sung  ?  ?and therefore he has a kind of legitimacy.?

RELATED: 4 questions about 'dear successor' Kim Jong-un

That view of continuity and stability in North Korea is common among analysts even as Kim Jong-un has to learn to lead North Korea?s 24 million people.

That task assumes urgency while North Korean planners try to realize Kim Jong-il?s dream of ?a strong and prosperous country? by next year.

Worst case scenario?Most ordinary South Koreans express the idea that it's in their country's interest to keep North Korea stable. Only as a worst-case scenario does the prospect of a ?collapse? of a system that?s endured countless forecasts of failure come up in serious discussion.

?Collapse can be a disaster,? says Kim Tae-woo, who?s followed North Korea closely as a military analyst, but he believes ?China?s unconditional support? is ?one reason why North Korea in its present form will prevail.?

That?s the conventional view among analysts as China steadily increases its influence over the North. Reports here are that China is assiduously spreading propaganda, claiming among other things, that the Korean national dish, kimchi, a spicy confection of pickled cabbage and other vegetables, actually came from China.

?The Chinese strategy, no matter what, is to occupy North Korea,? says Chang Han-jin, a salesman. ?China will send troops or aid to North Korea if necessary to make sure of their power there.?

Shim Jae-hoon, a long-time political consultant here, agrees. ?China is interested in propping up the regime whatever comes,? he says. ?I don?t see any sign of North Korea cracking up. The more North Korea is dependent on China, the better it is for them.?

Strongman or friend? Still, speculation here tends to focus on a question other than collapse ? whether Kim Jong-un will assert himself as a strongman or adopt a conciliatory policy toward his people as well as South Korea and the US.

?There?s no other option for him but to be more cooperative with the outside world,? says Paik Hak-soon, senior fellow at the Sejong Institute, a think tank here. In the quest for food aid from South Korea and the US, both of which stopped shipments of food in 2008, Mr. Paik predicts that Kim will be open to negotiations on suspending the nuclear weapons program that was probably his father?s most obvious legacy.

Paik acknowledges, though, North Korea does not want to ?to appear weak and bow to pressure,? particularly in view of the power of the generals with whom Kim Jong-un might eventually come into conflict.

Kim Jong-un, like his father before him, is now ?supreme commander? of the armed forces, but some observers believe he may find the military holds the final power.

?If he goes the wrong way, they?ll push him back,? says Tim Peters, a missionary with long experience here dealing with refugees from the North. ?Word is he was more harsh than his father when he was taking over security services? ? and ordered the executions of defectors who had fled to China and then sent back by Chinese authorities, says Mr. Peters.

People here are aware of the existence of vast prison camps in North Korea and the depths to which North Korea has fallen economically, but hardly want to consider the implications of the downfall of the regime.

?I don?t want to think about it,? says Moon Su-jin, working in a travel agency here. ?It?s too scary.?

Just how isolated is North Korea? 6 facts to consider

RELATED: 4 questions about 'dear successor' Kim Jong-un

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Source: http://us.rd.yahoo.com/dailynews/rss/nkorea/*http%3A//news.yahoo.com/s/csm/20111228/wl_csm/442348

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Thursday, December 29, 2011

'Shameless' Moment: Frank Gallagher's Inappropriate Confession (VIDEO)

The first season of Showtime's "Shameless" was full of memorable Frank Gallagher moments, despite (or because of) the fact that few of them showed the inebriated father of six in an especially good light.

Still, no matter how selfish, drunk or scheming Frank was at any moment,William H. Macy's performance always made the sozzled Chicagoan worth watching.

In this exclusive clip from the Season 1 DVD set of "Shameless," which goes on sale Dec. 27, we get yet another example of Frank's boundary issues. Most of us wouldn't go into graphic detail about our sins and faults while sitting in a church pew, but Frank doesn't have a problem with that.

"Shameless," which also stars Emmy Rossum and Joan Cusack, returns to Showtime Jan. 8. Keep up with Huffington Post TV for news and interviews about the comedically-inflected drama, and for an assessment of how the American adaptation of the British show of the same name has progressed in its second season.

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Source: http://www.huffingtonpost.com/2011/12/26/shameless-showtime_n_1161033.html

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Wednesday, December 28, 2011

HTC unlocks all Android bootloaders from smartphones launched after September 20...

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Source: http://www.facebook.com/tmonews/posts/202314766525686

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Social Media in the Legal Sector | The Big Picture

Macro Notes

The 5th short term tax rebate since ?01 agreed to
Peter Boockvar

I'm not sure if an agreement in Washington over the payroll tax cut is the reason why the market is looking higher again but to put it in perspective, it's the 5th short term tax cut/rebate check agreement since 2001. Bush had his in '01 and '08 followed by Obama in '09 and this year and next. As with any short term policy, whether fiscal or monetary, the economy is left back at square 1 when it wears off. Show me one employer that has or will hire someone new because of these 5 rebates. I'm all for getting our...

read more ?

Source: http://www.ritholtz.com/blog/2011/12/social-media-in-the-legal-sector/

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Tuesday, December 27, 2011

At least 25 dead in Nigeria church blast: officials (Reuters)

ABUJA (Reuters) ? At least 25 people were killed in a bomb attack on a church in a satellite town on the outskirts of the Nigerian capital Abuja on Sunday, emergency services said.

"I cannot give an exact figure of casualties now. But we (National Emergency Management Agency, NEMA) came with 25 body bags and we have exhausted them all. So at this point we are talking of 25 bodies in those bags," said Slaku Lugard, a NEMA official.

(Reporting by Tim Cocks Writing by Maria Golovnina)

Source: http://us.rd.yahoo.com/dailynews/rss/space/*http%3A//news.yahoo.com/s/nm/20111225/wl_nm/us_nigeria_blast

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NFL Playoff Scenarios: Tim Tebow Will Lead Broncos to Postseason with Win

Tim Tebow knows that his Denver Broncos?need just one win to get into the NFL postseason with a No. 4 seed for winning the AFC West.

Expect for the young quarterback to rally his team and inspire a performance that blows the Kansas City Chiefs out of the water on New Years Day, getting the Broncos into the playoffs for the first time since 2005 in the process.

The Oakland Raiders are the biggest threat to derail Denver?s dreams and win the AFC West, but they have a much harder road to travel.

Will Broncos Win the AFC West?

    Will Broncos Win the AFC West?

  • Yes

  • No

In order for them to surpass the Broncos in the AFC West, the Raiders will need to beat the San Diego Chargers and Denver must lose. If both teams fall, the Broncos will narrowly edge the Raiders because of the tiebreaker.

Don?t think for a minute that Denver will be content with letting the Raiders decide their fate.

After Tebow played arguably the worst game of his career against Buffalo this week, you can safely assume that he is due for a huge rebound.

Remember what happened after the Detroit game?

The former Florida Gator was unable to get anything going on offense and lost 45-10 that week, but ripped off six straight wins after.

They ran into a red-hot?Patriots team in Week 15 and then carried that losing stench into the Bills game on Saturday.

You can believe that they will ditch those losing ways in their most important game of the season in Week 17 and really take it to Kansas City.

Tebow is just one win away from leading a historic turnaround after replacing Kyle Orton as the starter, and will get it done on Sunday. The city needs it, and he will not let them down.

Source: http://bleacherreport.com/articles/997398-nfl-playoff-scenarios-tim-tebow-will-lead-broncos-to-postseason-with-win

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