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Friday, July 12, 2013
Thursday, July 11, 2013
Molecular discovery puts cancer treatment in a new perspective
[unable to retrieve full-text content]Researchers have obtained ground-breaking new knowledge about proteases - important enzymes which, among other things, play a role in the development of cancer cells. The findings may be significant for the development of cancer drugs.
Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/f6RYpc3qkr8/130711113428.htm
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2014 Ford Focus Electric Gets $4,000 Price Cut To Boost Sales
2012 Ford Focus Electric, New York City, April 2012
2012 Ford Focus Electric, New York City, April 2012
News In Your InboxGreenCarReports
Ford might have ignored the 2014 Focus Electric when it updated its range for the 2014 model year, but one aspect has finally changed: The price.That has now dropped by $4,000, to a starting MSRP of $35,200, down from $39,200.
The change hasn't yet been reflected on Ford's website--which shows the original pricing. Until you click on the 'View window sticker (pdf)' text, that is, which highlights the new pricing alongside the car's efficiency ratings, which remain unchanged.
These prices don't include Ford's delivery charges, which amount to $795. This brings the new net price to $35,995, and if you're eligible, you can then subtract the $7,500 Federal income-tax credit, and any state or local incentives like California's $2,500 purchase rebate.
"The 2014 Focus Electric offers customers a fully-contented, all-electric vehicle option," Ford's Amanda Zusman told Green Car Reports.
"The new starting MSRP of $35,200 keeps us competitive inthe marketplace and is animportant part of our commitment to provide customers with a range of electrified vehicles to choose from."
It isn't only the price that seems to have dropped, either.
As Inside EVs notes, the Focus Electric's 6.6 kW, 240-volt charging time has reduced from 4 hours to 3.6 hours. Range remains the same, an EPA-rated 76 miles, while the car retains its 105 MPGe combined economy--or 32 kWh/100 miles.
So, though the Focus Electric may be unloved by Ford, a lower price may see it loved a little more by customers.
Will a $4,000 saving tempt you away from that Nissan Leaf and into a Focus Electric? Leave your thoughts in the comments section below.
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Wednesday, July 10, 2013
Mass. goes after Wall Street; says it targets seniors?
8 hours ago
Mark Lennihan / AP
In this Sept. 30, 2008 file photo, a Wall St. sign hangs in front of the New York Stock Exchange.
Massachusetts' top securities regulator has hit top Wall Street firms with a blanket of subpoenas, saying he fears elderly people are being targeted for high-risk, alternative investment products.
Massachusetts Secretary of the Commonwealth William F. Galvin said on Wednesday that subpoenas have gone out to a group of firms including Morgan Stanley, UBS AG, Fidelity Investments, Bank of America Corp's Merrill Lynch, Wells Fargo & Co and Charles Schwab Corp.
Galvin said a recent investigation into real estate investment trusts (REITs) heightened his concern that elderly investors were being targeted with products too complex for them to understand the underlying risks.
"While these products are not unsuitable in and of themselves, they are accidents waiting to happen when they are sold to inexperienced investors by untrained agents who push the products to score the large commissions associated with alternative investments," Galvin said in a press release.
The subpoenas seek information about the sale of the products to seniors in Massachusetts, and regarding supervision, compliance and training at the firms, Galvin's office said. Alternative investments cited by Galvin included REITs, oil and gas partnerships and private placement offerings.
In May, Galvin's office announced a settlement with five independent broker-dealers who agreed to pay at least $9.6 million in fines and restitution to settle what regulators called their improper sales of non-traded REITs.
Among the companies named on Wednesday, spokespeople for Bank of America and Morgan Stanley declined to comment. A Wells Fargo spokesman said via e-mai: "The only statement we have at this point is that our policy is to cooperate fully with our regulators."
Representatives of the other companies did not immediately respond to questions.
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Copyright 2013 Thomson Reuters.
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India and Poland Discuss Cooperation in Youth Affairs and Sports Sectors
Ambassador of Poland in India, Mr. Piotr Klodkowski, today called on the Minister of Youth Affairs & Sports, Shri Jitendra Singh in New Delhi. During their half-an-hour meeting, both sides discussed the matters of mutual interest in the field of Youth Affairs and Sports. Recalling historic and cultural ties between the two countries, both the sides agreed to explore the possibility of signing of MOUs in the Youth Affairs & Sports sectors to further strengthen the bilateral relations between the two countries. Both the sides also discussed the issue of bringing back Wrestling as the core sports in the Olympics movement. Shri Jitendra Singh briefed the Polish side about his interaction on the matter with the IOC President at Lausanne, Switzerland and expressed the hope that Wrestling will soon return to the Olympic Movement.
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Tuesday, July 9, 2013
Late to the Chinese auto market, Ford aims to catch up with new cars, new plants, new attitude
CHONGQING, China ? Dave Schoch has one of the toughest jobs at Ford Motor Co.: Catching the competition in the world's biggest car market.
When Schoch arrived in China 13 years ago, the government was building eight-lane freeways in major cities, but bicyclists and pedestrians still filled the streets. The Chinese were buying fewer than 2 million cars and trucks each year, a fraction of the 14.4 million sold in 2000 in the U.S.
When he returned to China last year, Schoch was stunned. The freeways were choked with cars, from inexpensive, Chinese-made Wuling minivans to Mercedes-Benz sedans. The red-hot Chinese economy had more than doubled annual wages, giving millions of people the money to buy a first vehicle or move up to a luxury brand.
"Things turned upside-down," says Schoch, who was named head of Ford's Asia Pacific operations in the fall. "You have to be here and experience it to believe what has happened in the last decade."
Last year, Chinese consumers bought 19 million cars and trucks ? 5 million more than consumers in the U.S. Ford's share of those sales was just 3 percent. Years of corporate chaos and financial trouble slowed Ford's entry into China as its rivals gained a foothold. Together, General Motors and Volkswagen control a third of China's market.
But the race is far from over. China is still a country where just 58 out of every 1,000 people own cars. In the U.S., that number is closer to 800.
Every year, tens of millions of Chinese are reaching the income threshold they need to buy a car, Schoch says. Many analysts predict annual sales in China of 30 million by 2020, almost double the U.S. forecast of 17 million. It's up to Schoch to ensure Ford gets a big chunk of that phenomenal growth.
"I go home each night thinking, 'Have I really tried to move the needle? Are we moving the organization fast enough to take advantage of this? Because I really think we have a golden opportunity here," he says.
Ford wants to double its Chinese market share to 6 percent by 2015. To make that happen, the company is launching six new vehicles in China this year, including two small SUVs called the Kuga and the EcoSport, the Mondeo midsize sedan and the Explorer SUV, which is exported from Chicago. The Lincoln luxury brand will arrive next year.
To meet its goals, the company has undertaken its most ambitious growth since Ford went on a post-war building spree in Michigan 60 years ago.
Source: http://www.startribune.com/politics/214702591.html
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