Chrysler files for bankruptcy, Fiat Group SpA to run company

Friday, May 1, 2009

The American auto company Chrysler filed for bankruptcy Thursday, however a deal with European auto maker Fiat went through. The emerging Chrysler will be owned 55 percent by the United Auto Workers, eight percent by the United States Government, two percent by the Canadian Government and Fiat would begin with a 20 percent share.

Chrysler Chief Executive Robert Nardelli will step down when the bankruptcy proceedings are finalized.

Initially, the Italian company, Fiat, will appoint three members on the emerging Chrysler’s new board, and the United States government will appoint six. Fiat can assume the majority of the ownership upon repayment of American loans.

Chrysler administrators expect that the bankruptcy should take a couple of months.

“We expect this to be a very short, 30-to-60-day bankruptcy process, during which the company will function normally,” a top administration official said, “People will be able to buy cars, they will have their warranties honored, and everything should go on normally.”

The bankruptcy filing indicated that Chrysler was in debt to 20 creditors to a tune of more than $10 million each.

Meanwhile, the deal with Fiat did go through, and Chrysler should have cars designed by Fiat out on the market by 2011.

“It’s a partnership that will give Chrysler a chance not only to survive, but to thrive in a global auto industry,” said American president Obama, “Fiat has demonstrated that it can build the clean, fuel-efficient cars that are the future of the industry.”

However, automotive analyst Erich Merkle has hesitations.

“History would show that alliances really don’t work that well,” Merkle said, “even though, no matter how good they may look on paper.”

The restructuring has been managed by Steve Rattner, a former investment banker, and the U.S. Government auto task force.

Obama has set three ultimatums before Fiat. Fiat should produce a 40 mile per gallon vehicle while managing the new Chrysler, transfer fuel efficient Fiat technology to Chrysler factories in the United States, and produce cars in Chrysler factories and distribute them in Europe.

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What Is Storage Virtualization?

What Is Storage Virtualization?

by

Stephanie Rose

Storage virtualization is a hot topic, but a potentially confusing one. What is it? Who is it for? And, what are its advantages?

The Storage Networking Industry Association (SNIA) defines storage virtualization in two parts. The first part of the definition is:

The act of abstracting, hiding, or isolating the internal functions of a storage (sub)system or service from applications, host computers, or general network resources, for the purpose of enabling application and network-independent management or storage of data.

The second part is:

The application of virtualization to storage services or devices for the purpose of aggregating functions or devices, hiding complexity, or adding new capabilities to lower level storage resources.

In other words, storage virtualization seeks to simplify complex storage operations. It provides a simple interface that allows users to interact with stored data without having to be aware of the underlying systems. For instance, television viewers do not need to understand how their devices receive television signals, unscramble signals, and display programs on the screen in order to watch them. The television\’s remote or menu system \”virtualizes\” that process.

[youtube]http://www.youtube.com/watch?v=Swjz6doZ7gw[/youtube]

Think of storage virtualization as a system of layers:

Layer I The first layer contains storage devices such as hard disk drives.

Layer II The second layer, known as the block aggregation layer, aggregates and groups layer I devices which can then be displayed in Layer III as single devices. For example, instead of having ten separate hard disks for the accounting department, those hard disks can be aggregated into a single device designated for the accounting department.

Layer III The third layer is known as the file/record layer which serves as an abstraction layer between file servers and clients that access the files. It eliminates the dependencies between file data and physical locations, allowing for storage optimization and server consolidation.

Layer IV The fourth layer is the application layer which is used for various protocols.

With traditional storage arrangements, each individual device is managed and deployed individually whereas with virtualized storage, storage devices are pooled together and managed as one. This reduces complexity while allowing for both automation and flexibility.

At its most basic, a virtual \”cloud\” can be created through storage virtualization. Layer 1 devices are transformed into virtual Layer II devices that are then accessed through an interface. Servers and users accessing the virtualized devices don\’t need to know the specifics involving the underlying physical devices. In addition, changes to actual physical devices can occur without disrupting operations. For example, if a hard disk fails and needs to be replaced, the storage administrator can swap it out without requiring downtime.

Storage virtualization has several key advantages:

It simplifies complex storage systems

It allows for greater availability and automation

It improves the utilization of storage

It minimizes downtime and allows for transparent \”on the fly\” changes

These are but a few of the many benefits of storage virtualization. It is an ideal solution for enterprise and mid-sized network environments grappling with complex storage systems.

Stephanie is the author of this article about what is storage virtualization. She wrote this article to inform her readers who had questions about storage virtualization. While writing this article she gathered resources from

Tegile

and

Search Storage

.

Article Source:

ArticleRich.com

Canada’s Don Valley West (Ward 25) city council candidates speak

Friday, November 3, 2006

On November 13, Torontonians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Don Valley West (Ward 25). Three candidates responded to Wikinews’ requests for an interview. This ward’s candidates include John Blair, Robertson Boyle, Tony Dickins, Cliff Jenkins (incumbent), and Peter Kapsalis.

For more information on the election, read Toronto municipal election, 2006.

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Wolfram Research’s new product Alpha to compete with Google and Wikipedia

Monday, March 9, 2009

Wolfram Research Inc., makers of Mathematica and A New Kind of Science, have released a limited alpha of their new web service Wolfram Alpha. Wolfram Alpha is described by CEO Stephen Wolfram as a “computational knowledge engine.” Unlike Google, Yahoo! and other traditional web search engines that rely on statistical methods for retrieving online documents, Wolfram Alpha answers factual questions in the way that Wikipedia does, except it relies on analytical methods instead of human-generated documents.

Although the product is still in a limited release some details about its operation and design have been revealed by Wolfram on his blog, and by Nova Spivack who recently interviewed Wolfram about Wolfram Alpha. The product is available on the Web as a single search box reminiscent of Google’s main search page. The search queries can be entered in natural language and the natural language system will parse the query and use models of knowledge (ontologies) and human-curated data to return an answer including graphs and other representations. The ontologies and data are managed by Wolfram employees who must input new ontologies and data by hand or, occasionally, with the assistance of programmatic tools. It is expected that an Application Programming Interface (API) will eventually be available, although it is not known what the API will be used for.

Unlike traditional search engines Wolfram Alpha does not search online documents, and thus does not return answers to “fuzzy” questions, such as opinion or advice. Instead, the scope of answers is limited to the knowledge that has already been modeled and encoded in the ontologies and the associated data. In this way the system can generate knowledge that was previously unknown. It is thought that while Wolfram will concentrate on scientific and technical information the system may eventually be able to answer questions in other domains, such as stock information, geography and history. In theory, any question with a factual answer could be answered by Wolfram Alpha.

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How To Choose Among Garage Doors

byadmin

You may have spent a great deal of time and effort on the way your house looks. You should also think about your garage door. Otherwise, it can spoil the look that you have spent so much time in trying to create. You get garage doors in a variety of styles, so some research is sure to ensure that you find one which complements the rest of your house.

You can start your search on the net for firms in this field. Make a list of a few of them, after you have done a price comparison. You should read customer testimonials on the site so that you have an idea of how satisfied previous clients were with the service.

In case a friend or a relative has a garage door that you like, you can find out where he or she obtained it. Carriage style ones are available, and look attractive on many different kinds of houses. Raised panel doors are also popular.

Steel ones are affordable, low maintenance, and durable too. You can paint them, and they are also available in textures similar to wood. Choose a suitable thickness, which can withstand the impact of the occasional basketball thrown on the garage door.

Steel is a poor insulator, so choose a material which will insulate your door to reduce energy costs and muffle noise as well. Aluminum is more affordable than steel but also less durable than that material. You can also choose wood, which looks traditional and attractive.

Wood is a good insulator but needs to be refinished on a regular basis. You will also need to install a garage door opener. This will prove to be safe if you make sure that there is a keyless remote control pad. Within garage door openers also you can choose from different types.

Understand from the company representative the advantages and disadvantages of using each of these. You can then take an informed decision depending on your budget. Make sure the company staff is trained, competent, and professional.

Choose a company with round the clock service so that you can call them in case of an emergency. Look for an established company when you are choosing among garage doors. MN residents should look for one in the area, so that it is easy to co-ordinate whenever required. Maintain the garage door and opener well so that you do not need to get them repaired often.

Garage doors MN – Are you looking for a quality doors? All American Door Co. carries only top quality garage doorproducts and brands. Get in touch with the today!

Indonesian military plane disappears

Friday, June 27, 2008

A Casa-212 aircraft owned by the Indonesian air force disappeared while on a flight from the capital Jakarta to Bogor in West Java Friday morning.

The plane was carrying 12 Indonesian military personnel and 6 civilians including a British, Singaporean and Indian national.

The plane was tasked to test a new digital camera designed to conduct aerial mapping and topography.

The aircraft was last sighted on radar in the Salak moutain region on the main island of Java, 90 kilometers (60 miles) southeast of the Indonesian capital.

The Indonesian military has deployed a search and rescue team in the area.

Authorities fear that the aircraft crashed in a densely forested area making any rescue difficult.

Air Force spokesman Chaeruddin Ray said the region was covered in thick fog and in a rough terrain.

Three planes and forty people were deployed into the region to look for the downed plane.

Indonesia has been plagued with several plane accidents resulting in a ban on the entry of Indonesian airlines into European airports. This is the second incident in Indonesian aviation involving a Casa-212. In January of 2008, a similar plane model owned by a private company also crashed.

The Casa-212 is a design by Spanish avionics company Construcciones Aeronáuticas, a turbo-prop plane designed for a short take-off and landing.

The Spanish company licensed an Indonesian avionics firm to assemble and manufacture this aircraft.

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Colleges offering admission to displaced New Orleans students/OH-WY

See the discussion page for instructions on adding schools to this list and for an alphabetically arranged listing of schools.

Due to the damage by Hurricane Katrina and subsequent flooding, a number of colleges and universities in the New Orleans metropolitan area will not be able to hold classes for the fall 2005 semester. It is estimated that 75,000 to 100,000 students have been displaced. [1]. In response, institutions across the United States and Canada are offering late registration for displaced students so that their academic progress is not unduly delayed. Some are offering free or reduced admission to displaced students. At some universities, especially state universities, this offer is limited to residents of the area.

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Using Forex Trading Signals To Increase Your Trading Profit

Submitted by: Roger Overanout

Forex trading can be a volatile form of investing. Many people have lost a significant amount of money buying and selling foreign currencies. While hoping to time their trades perfectly to take advantage of market dynamics and trends, most Forex traders begin by losing money before they start making any profit. Fortunately, there is a way to stack the Forex deck in your favour. Here we will discuss using Forex trading signals and whether doing so can help make your Forex trading more profitable.

What Are Forex Trading Signals?

Trading currencies effectively requires that you know when to buy and sell. However, unlike stocks which are largely based on the financial reports of a company, currencies are usually impacted by many other factors. Professional traders watch a variety of indicators to determine when they should buy or sell. In addition, they watch the trends that may affect the currencies they trade. These indicators and trends comprise the majority of Forex trading signals that experienced traders use.

Where Can You Get Forex Trading Signals?

[youtube]http://www.youtube.com/watch?v=NRLCnO-lLCM[/youtube]

The small currency trader rarely has access to the trading systems and software programs available to full-time researchers and traders. Also, most small Forex traders are unable to spend more than a few hours a day researching the currency markets (professionals often spend up to 16-hours per day looking at data and placing educated trades). This puts the small trader at a distinct disadvantage.

However there are some solutions, many currency brokers offer to supply small Forex traders with the Forex trading signals that their investment firm compiles but remember this type of service is only as good as the firm that is producing the signals. Access to these signals usually requires a subscription. If you’re currently looking for a Forex broker to work with, consider asking whether they can offer Forex trading signals for a fee.

Should You Rely On Forex Trading Signals provided by Forex Brokers?

There are two schools of thought here. Some traders wonder why Forex brokers offer these signals to the casual Forex trader. After all, if the signals truly do identify trends that can be leveraged for profit in the Forex market, why offer those signals to other traders? In a volatile market where knowledge is power, the distribution of valuable information would limit the potential of early movers (in this case, those offering the Forex trading signals).

On the other hand, other traders realize that their time and resources are severely limited. Many have full-time jobs and cannot devote 16 hours a day to studying the trends and other signals in the currency markets. Similarly, they don’t have access to the powerful software programs that major investment firms use to extract and compile data about those markets. So, they see value in a subscription services for Forex trading signals.

An alternative is to have your own software that generates Forex trading signals to help you enter and exit the market at the best time to maximise you trading profit. This type of software used to be too expensive for most traders but now there are several very good reasonably packages available on the internet.

In the end, Forex trading is volatile. In order to do well with Forex, you need timely information about the currency markets in which you trade. Understanding what kind of information you need and whether you have access to a timely source can mean the difference between profits and loss in your trading account.

About the Author: For more information about the Forex, Forex trading software and Forex Trading Signals visit

forexextra.com/

You may copy this article on your web site provided you include the resource box with active links and this notice.

Source:

isnare.com

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National Rugby League Women in League Round celebrates sons

Tuesday, May 14, 2013

Australia’s National Rugby League (NRL) is to celebrate “Women in League” week, starting yesterday, with themes including sons, raising funds for breast cancer support, and club-related specials to encourage women to attend rugby league games. The week-long celebration of women was started in 2006 to highlight the importance of women to the sport and make the game female-friendlier.

The NRL is planning to celebrate the week in a number of ways, including having teams compete in pink uniforms, and having fans vote for the NRL player fans believe “acts as a role model for mothers and families; someone who continues to impress us on the field, however their off-field characteristics embody what it is we love about rugby league”. Additionally, funds are to be raised for the McGrath Foundation, a charity dedicated to breast cancer support and education, and the Women in League Achievement Award will be given out with the winner earning a AU$5,000 gift card to Harvey Norman, an Australian electronics store.

The NRL has been promoting the event on their Women in League Facebook page. In the past month, their Facebook updates have included posts featuring male players discussing support they received from women in their lives, sales of pink coloured NRL merchandise, plugs encouraging people to vote for their favourite son, pictures of men supporting Women in League, NRL club promotions for tickets and other events connected to Women in League, and information on a school visit promoting anti-bullying. The Facebook page has also promoted women’s participation and profiles of women’s players as recently as a month ago, when on April 9, it promoted the Girls ‘Come and Try’ Day in Canberra. Prior to that, women were last promoted as players on February 10 when pictures were shared of the Women’s All Stars team match with the Indigenous All Stars team.

140,000 women in Australia are involved with rugby league as players, sport administrators, coaches, employees, club members, or volunteers. Karen Hardy of The Canberra Times estimates this number could easily be quadrupled if wives, girlfriends, mothers, and other female family members who support male players were included. Participation is also increasing, with almost a thousand new female players taking up the sport between 2011 and 2012 for 5,801 total registered female players in 2012.

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U.S. Congress reaches deal on payroll tax cut extension

Friday, December 23, 2011

Speaker of the U.S. House John Boehner announced yesterday that he would agree to a two-month extension of the payroll tax cut. In an effort to end the impasse between the House and Senate, Boehner told Senate Democratic leader Harry Reid that he would schedule a House vote on the Senate version of the bill that would extend the tax cut, which was due to expire at the end of the year.

Speaker Boehner announced the agreement in a brief statement: “Senator Reid and I have reached an agreement that will ensure taxes do not increase for working families on January 1”. Boehner informed other congressmen of the deal in a conference call yesterday evening.

The House may pass the bill via unanimous consent today, which would not require the presence of all members. Boehner and Reid also agreed to a bipartisan negotiation committee to sort out differences and extend the tax cut for an entire year, a goal recently sought by Republicans in the House.

The extension of the payroll tax cut, which would prevent approximately 160 million Americans from seeing a tax increase in 2012, had already been passed by the Senate last weekend. Earlier yesterday, Senate Republican leader Mitch McConnell joined several other Republican Senators in encouraging the House to pass the extension.

Senate Democratic leader Harry Reid said that once the House acts, he “will be happy to restart the negotiating process to forge a yearlong extension.” At a news conference, Speaker Boehner issued a statement: “We have fought the good fight. Why not do the right thing for the American people even though it’s not exactly what we want.” President Obama also responded to the development in a statement: “This is good news, just in time for the holidays. This is the right thing to do to strengthen our families, grow our economy, and create new jobs. This is real money that will make a real difference in people’s lives.”

The tax cut extension impasse began when the House effectively rejected the Senate-approved version of the bill on Tuesday after being faced with opposition from House Republicans, specifically those associated with the Tea Party movement, who advocated for spending cuts and the controversial Keystone XL oil pipeline.

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