76ers hire Spurs assistant Brown as head coach

Longtime Spurs assistant Brett Brown will receive a four-year contract to coach the Sixers.

Andrew D. Bernstein/NBAE via Getty Images

Brett Brown, a longtime San Antonio Spurs assistant and head coach of Australia at the 2012 Olympics, has agreed to become the Philadelphia 76ers' new coach, a league source told SI.com.

The 52-year-old Brown will receive a four-year guaranteed contract, a crucial investment by the Sixers as they embark on an extended overhaul of their roster with a new management team. They've positioned themselves to contend for the No. 1 pick in next year's draft after trading All-Star point guard Jrue Holiday to New Orleans.

Brown joined the Spurs as a player development director in 2002. He has been an assistant on the bench under Gregg Popovich for the last seven seasons.

Brown, who replaces Doug Collins, will become Philadelphia's eighth coach since 2003.

The Sixers were the only team without a coach in place for the 2013-14 season. Thirteen teams have changed coaches since the end of the regular season.

Brown is the second Spurs assistant to accept a head-coaching position this offseason. In May, the Hawks hired Mike Budenholzer.

Source: http://sportsillustrated.cnn.com/nba/news/20130812/brett-brown-philadelphia-76ers-coach/?xid=si_nba

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58% employers in India expect rise in hiring in FY14: Report

The author has posted comments on this articlePTI | Aug 11, 2013, 11.39AM ISTMUMBAI: The employment outlook for 2013-2014 remains positive in the country with 58 per cent employers anticipating a growth in staff numbers over the next 12 months, according to a recent survey.

"About 58 per cent employers anticipate an increase in staff numbers over the next 12 months. Some 36 per cent believe their staffing levels will remain stable, while only 6 per cent anticipate a reduction in head count," the annual 'India Salary and Employment Forecast 2013/14' by global professional recruitment consultancy Michael Page revealed.

This positive outlook in recruitment has mainly been driven by global companies looking at India as a core growth market given the ongoing uncertainties in the US and European economies, it added.

It further said India is regarded as a logical business hub with a well-qualified young workforce and the required infrastructure to support international business activities.

With regards to demand for talent, the report forecasts an increase in demand at the middle management level across all sectors.

A steady volume of recruitment at junior and graduate level roles is also expected in the coming year.

Specialist skill sets, currently limited in the existing talent pool, are also likely to be in demand.

If the economy continues to strengthen over the next 12 months, companies will continue to increase their focus on the retention of top performers, the report said.

Especially, the services sector is likely to see robust growth with a solid demand for professionals with strong domestic experience.

This is spurred by continuing growth within the health care and life sciences sector as well as an expected acceleration in the growth of retail as the government relaxes entry restriction for foreign players in this sector, it said.
With the continued entry of new foreign players into the country along with the growth of existing organisations, experienced professionals across all functions continue to be in demand, the report opined.

Middle to senior level professionals would likely to get a salary rise between 10 per cent to 20 per cent, while bonuses may increase up to 20 per cent, it added.

As talent attraction and retention becomes a key focus for employers, providing employees with the right mix of training and development to drive career growth has become a priority.

Employers, it said, who offer these opportunities along with the right cultural fit and expected salary levels will, therefore, be highly sought after.

The recruitment market in India, however, remains relatively immature, with most of the hiring activity conducted through in-house recruitment teams and internal referrals.

However, the report said, a shift towards specialist recruitment partners has been observed due to the requirements for specialist skill sets and an increasing shortage of supply of strong middle to senior professionals with both the technical expertise as well as the cultural fit.

Source: http://timesofindia.feedsportal.com/c/33039/f/533965/s/2fcf487d/sc/2/l/0Ltimesofindia0Bindiatimes0N0Cbusiness0Cindia0Ebusiness0C580Eemployers0Ein0EIndia0Eexpect0Erise0Ein0Ehiring0Ein0EFY140EReport0Carticleshow0C217570A940Bcms/story01.htm

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Weak construction sector drives Mexico's industrial output down in June

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Source: http://www.steelfirst.com/Article/3241921/Weak-construction-sector-drives-Mexicos-industrial-output-down-in-June.html

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[NFL News] Ravens DT Chris Canty Granted Permission To Wear Special Facemask

Ravens DT Chris Canty Granted Permission To Wear Special Facemask by Sweets 2 Hours Ago, 02:42 PM

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Ravens defensive lineman Chris Canty has been granted medical clearance to wear a special facemask, according to NFL spokesman Brian McCarthy.

In an email to The Baltimore Sun, McCarthy confirmed that both Canty and New York Giants defensive end Justin Tuck were given permission to wear the facemasks.

Canty sustained a serious eye injury eight years ago, Tuck is dealing with a recurring neck injury.

Canty wears a dark visor attached to his helmet. The facemask provides plenty of protection with several horizontal and vertical bars, it also creates something of an intimidation factor for the imposing 6-foot-7, 317-pounder.

Source: BaltimoreSun

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Source: http://gridironfans.com/forums/showthread.php?t=229022

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Daily Kos: Confessions of a homeschooled progressive

These guys give the rest of us a bad name

Over the course of my political activism, I have had many a get-to-know-you conversation with fellow progressives. Not invariably, but also not seldom, the conversation will meander through various points of ideological agreement about the outrage du jour and end up at some point on the topic of education: how good or bad my interlocutor's experience for them was with either their public or private schooling. The response I so often give is usually met with surprise: It's an experience I can't relate to. Outside of standardized tests, the first time I set foot in a classroom was my first day of college at UCLA. Up until that point, my childhood educational experience was entirely the product of homeschooling or self-direction.

Given the stereotypes typically associated with those educated at home, that surprise is not surprising: A staunch progressive with no overt religious affiliation who campaigns fiercely against the privatizing of education does not fit the traditional mold of a homeschooler. Not coincidentally, though, my education was anything but representative of what one typically associates with the current movement, which tends to be dominated by religious interests. As it has been told to me, the story goes that when it would have been time to enroll me in kindergarten, I was already reading at a third-grade level, and the local school system told my parents that I would have to spend the first few years of my schooling helping other kids learn what I already knew. This did not sit well, so my parents chose to educate my brother and me at home.

The story continues below the fold.

In the late 1980s, of course, academic homeschooling?or any homeschooling, for that matter?was not as widely accepted a choice as it is now. My father, who bore chief responsibility for this process, intended to make certain that no government official could ever claim that the education we were getting at home was inferior to what we could receive in public school. We had a very well-rounded curriculum; we even converted what passed for the bar in our house into a makeshift chemistry lab (after all, what is inebriation but chemistry by another name?). The only thing we really lacked for was materials for biology: Perhaps this would not be such an inconvenience in the digital age, but back then, frogs and fetal pigs for dissecting were not the easiest things to come by.

I would never want to give the impression that the overall experience was pure sweetness and light; it certainly wasn't, and anything less than excellence did not usually receive a warm reception; but that's a subject for a different time and place. Speaking purely in terms of educational quality and achievement, it was first-rate. I was able to pursue the subjects I was most interested in while still achieving a very well-rounded knowledge of other disciplines (with the standardized test scores to prove it), and I didn't lack for opportunities to play sports, learn a musical instrument and travel abroad. I was able to secure a full academic scholarship to one of the best public universities in the nation and graduated with a bevy of honors that don't need mention. By any reasonable standard, advocate of homeschooling could point to my story as a prime example of why homeschooling should be legal, accepted and promoted.

The problem, of course, that using my example would completely ignore my privilege. My mother is a high-school valedictorian; my father, who bore by far the lion's share of educational responsibility, has a genius IQ and an insatiable academic appetite. Moreover, my family had an economic situation growing up that allowed one parent to actually stay home and do the educating, which is an increasing luxury in the modern economy. Yes, I did well; but I had every single natural advantage that would allow a homeschooler to do well, including parents with the knowledge, capability and desire required to actually be teachers. When these circumstances are not met, the result can be horrific:

Josh Powell wanted to go to school so badly that he pleaded with local officials to let him enroll. He didn?t know exactly what students were learning at Buckingham County High School, in rural central Virginia, but he had the sense that he was missing something fundamental.

By the time he was 16, he had never written an essay. He didn?t know South Africa was a country. He couldn?t solve basic algebra problems.

?There were all these things that are part of this common collective of knowledge that 99?percent of people have that I didn?t have,? Powell said.

Powell was taught at home, his parents using a religious exemption that allows families to entirely opt out of public education, a Virginia law that is unlike any other in the country.

Given my example, it would be hypocritical of me not to advocate for the rights of parents to educate their children at home and instill their values, should they so choose. But the role of government, and the reason for the very existence of public education, is to ensure that all children have an opportunity to succeed. The only way to do that is to ensure that children who are educated at home are at least meeting basic standards of literacy, even if a respect for religious freedom prevents the state from requiring that children be taught that the earth really does revolve around the sun.

Source: http://www.dailykos.com/story/2013/08/04/1227605/-Confessions-of-a-homeschooled-nbsp-progressive

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Surprise! This is the least productive Congress ever. (VIDEO) (Washington Post)

Share With Friends: | | Politics - Top Stories Stories, RSS Feeds and Widgets via Feedzilla.

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Alex Rodriguez: Negotiating Settlement, Suspension With MLB?

Source: http://www.thehollywoodgossip.com/2013/08/alex-rodriguez-negotiating-settlement-suspension-with-mlb/

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YY Shares Jump, Chinese Social Network Q2 Beats

Shares of China-based YY (YY) jumped in early trading on Friday after the online social network and gaming company said Q2 soared 118% to $66.7 million, above expectations.

Guangzhou, China-based YY late Thursday said it earned 35 cents per ADS, up from a slim loss a year earlier, beating by 14 cents. In the current quarter, YY said it expects revenue growth of about 90%. In Q3, 2012, it had sales of $36.4 million.

The company operates an online social platform that lets users engage in group activities through voice, text and video. Users can play games, watch shows and concerts, screech out karaoke songs and chat with other users with real-time audio and video.

It sells "virtual" goods to online users. Here's IBD's New America report.

"Driven by 170% year-over-year growth in the number of paying users on our YY Music platform, revenues exceeded our expectations and our total paying user numbers grew more than 50% year-over-year," said CEO David Xueling Li, in a statement.

"As we head into the second half of 2013, we're excited about our strategic initiatives designed to further leverage our large scale interactive online. Opportunities like our exclusive partnership with Hunan Satellite Television in China to bring one of China's most popular entertainment shows, Happy Boy to our interactive platform, creates a new level of real-time interactive reality TV."

In Q2, revenue from online games, YY Music and its membership program soared 132% to $59.8 milion on more paying users and per-user revenue. Revenues from online games increased by 87% to $24.8 million.

In a regulatory filing for its IPO, YY said competitors in China include iSpeak, Tencent's (TCEHY) QQtalk, Renren (RENN), and Qihoo 360 (QIHU) .

Source: http://feedproxy.google.com/~r/InternetTechnologyRss/~3/zOvGb6nqrR4/shares-chinese-social-network-yy-jump.htm

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The US Student Loan Problem ? Facts, Charts, & Thoughts ...

By Walter Kurtz, Sober Look

The US Congress is nearing a compromise on the issue of student loan interest rates. Apparently loan rates will be changed from fixed to floating with an overall cap (see story). While rates are important, there is a much bigger issue at hand. Now with the help of some great data from Barclays Research let?s take a quick look at where we stand with the overall student loan problem and how we could move forward. Here are six facts to consider:

1. There is about a trillion dollars worth of student loans outstanding with all but 15% of that owned or guaranteed by the federal government. The chart below shows the student loan amount held directly by the federal government. That balance is rising at about $110 bn per year.

?

2. Higher education still provides a clear financial advantage, with the unemployment rate among college graduates at about half that of those with just a high school diploma. However when you add student loans into the mix, the financial situation of graduates is not as compelling. For example, while homeownership has declined across the board, the decline has been much sharper for those with student loans.

?

3. Not surprisingly, since 2008, the credit score of young people with student loans increasingly lags the score of those without this type of liability.

?

4. Based on the expected repayment schedule of outstanding student debt, an increasingly large volume of loans is forecast to be repaid each year. Yet since 2007 the actual repayments keep falling further behind the repayment expectations. Based in this trend, the situation for 2013 looks a bit scary.

?

5. Student loans now have the highest delinquency rate among all major consumer credit asset classes. Based on the latest data, the trend isn?t encouraging.

?

6. While there is a perception that student loan delinquencies are limited to generation-Y borrowers, delinquencies are rising across all ages.

?

The data clearly shows that the risk to the taxpayers is on the rise and the strain on US consumers from student loans isn?t going to improve any time soon. The unlimited availability of student loans has allowed colleges to sharply raise tuition and fees over the past few years ? often simply because they could (as they?kept on hiring). Rising cost for higher education in turn forced students to take out larger loans and in greater numbers, increasing the overall loan balances. This feedback loop is clearly unsustainable, particularly as household income growth remains weak. Higher delinquencies are inevitable and as long as the government funds this program, there really is only one way to arrest rising levels of student debt.

Consider the fact that Social security recipients in the US have their pay increases linked to the inflation rate. Of course the actual inflation rate that retirees experience is often higher than it is for younger generations. Pension recipients often don?t benefit to the same extent from declining prices of electronics, apparel, and a number of other products. The planned adjustment to increases using the so-called ?chained CPI? will make the increases even smaller (see story). But American retirees will have to make due.

Why then is it so difficult to ask US colleges and universities who benefit from taxpayer-funded loans to live by the same standards as the social security recipients? The taxpayers funding this program should insist that if a college accepts over a certain percentage of students paying with federally backed student loans, that college must agree to cap tuition and fees. It?s time for institutions of higher learning to start living by the concept of ?chained CPI? rather than to just keep writing research papers on it.

Sober Look

Sober Look was founded by Walter Kurtz, a New York based hedge fund manager and credit markets specialist.

More Posts - Website

Source: http://pragcap.com/the-us-student-loan-problem-facts-charts-thoughts

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Household 3D Printers Can Pay For Themselves in a Year

If you've been pondering over whether a 3D printer is a sound financial decision, here might be your answer: researchers have calculated that they can pay for themselves inside a single year.

Read more...

Source: http://gizmodo.com/household-3d-printers-can-pay-for-themselves-in-a-year-986593950

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Stocks mixed as investors wait for Bernanke

Stocks wandered between the tiniest of gains and losses before closing mixed Tuesday. The calendar said late July, but on Wall Street it seemed more like August, when many traders take off for vacation and fewer stocks trade hands.?

By Christina Rexrode,?AP Business Writer / July 30, 2013

A trader works on the floor of the New York Stock Exchange Monday. Conjectures about the central bank have had a powerful influence on stocks in recent months.

Shannon Stapleton/Reuters

Enlarge

On the?stock?market Tuesday, it felt like late-summer inertia had already set in.

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U.S.?stocks?wandered between the tiniest of gains and losses before closing mixed. Traders were indecisive as companies reported disparate earnings news, and many were disinclined to make any big moves before getting direction from the Federal Reserve, which is scheduled to release an updated policy statement Wednesday.

The calendar said late July, but on the?stock?exchange it seemed more like August, when many traders take off for vacation and fewer?stocks?trade hands. The Dow Jones industrial average rose as much as 72 points in early trading ? less than 0.5 percent ? before flickering lower. It dipped into the red for most of the afternoon and closed down 1.38 points, or 0.01 percent, at 15,520.59.

"It seems like the doldrums of summer have set in," said Dave Abate, senior wealth adviser at Strategic Wealth Partners in Seven Hills, Ohio.?

The Nasdaq composite rose 17.33 points, or 0.5 percent, to 3,616.47, though even that gain was largely because Apple, its biggest component, was up more than 1 percent.

The Standard & Poor's 500 index plodded just a fraction higher, up 0.63 point, or 0.04 percent, to 1,685.96. Three of its industry sectors rose, led by technology?stocks. Seven fell, dragged down by telecommunications companies.

Company earnings were equally inconclusive. Coach, the maker of upscale handbags, slumped 8 percent after reporting lower quarterly profit. But Goodyear Tire & Rubber jumped 9 percent after announcing that its quarterly earnings had doubled.

This earnings season has presented a picture encouraging on some fronts and troubling on others. Many companies, including big names like Apple and Visa, have posted better-than-expected results, and analysts predict that second-quarter earnings are up 4.7 percent for companies in the S&P 500, according to S&P Capital IQ. But the picture has its blemishes, including the fact that many of the gains are based not on business growth but on cost-cutting: Revenue is down about 0.5 percent.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/boI1xSQWDDg/Stocks-mixed-as-investors-wait-for-Bernanke

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100 vegan recipes for the kids | ofcoursevegan

[unable to retrieve full-text content]It's hard enough to get picky kids to eat foods that are good for them and will help them grow up strong, even without limiting the choices to only vegan options. While it might be a challenge, there are plenty of vegan recipes ...

Source: http://ofcoursevegan.com/2013/07/31/100-vegan-recipes-for-the-kids/

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