Thursday, May 9, 2013

Two Marana High School students win Ford/AAA Student Auto Skills state finals

Two Marana High School students have earned the title of Arizona?s top high school auto technicians after winning the Ford/AAA Student Auto Skills State Finals on May 3.?

They were led by their instructor Donald Zell, Evan Cloutier and Kevin Reich will go on to represent Arizona in the National Finals in June, thanks in part to their instructor Donald Zell, and will compete against other finalists from across the U.S.

As the first-place team, Cloutier and Reich have both won scholarships valued at more than $35,000 each for use in automotive programs nationwide, including the Universal Technical Institute in Phoenix and the Ford ASSET program at Glendale Community College.

The second-place team, Hung Dinh and Robert Wineinger from Flowing Wells High School were awarded more than $28,000 to automotive programs, while the third-place team, Heriberto Gutierrez and Michael Butler from Kofa High School each were awarded more than $17,000 to fund their automotive education.

In a recent news release about the competition, Don Nunnari had this to say, ?As an automotive resource, AAA recognizes the need to have qualified technicians to help maintain our ever-evolving cars. ?We?re honored to be a part of this competition, and give motivated students a chance to obtain the best technical training and a means to pay for it.? ?Nunnari is the vice president of automotive services for AAA Arizona.?

The 2013 results of the competition are as follows: (School, instructor, students)

  • First place: Marana, Donald Zell; Evan Cloutier, Kevin Rich
  • Second place: Flowing Wells, Jerrad McMurrich; Hung Dihn, Robert Wineinger
  • Third place: Kofa, Norm Champagne; Heriberto Guiterrez, Michael Butler
  • Fourth place: Sunrise Mountain, Scott Herder; Shawn Kurowski, Gabriel Yost
  • Fifth place: Centennial, Stephen Maish, Shawn Brown, Richard Krajewski
  • Sixth place: Prescott, Mickey Chaney; Raymond Federwisch, Chase Beazer
  • Seventh place: ?East Valley Insititute of Technology, Randy Golding; Brighton Hornbaker, Thomas Reeves
  • Eighth place: ?Safford, Edward Taylor; Keith Vigus, Daniel Ward.
  • Ninth place:? ?Pueblo, Seth Levy; Mateo Rodarrte, Jose Guerrero
  • Tenth place:? Gilbert, Jonathan Strait; David Lehrer, Corey Hermann

The Marana High School trio of Cloutier and Reich and Zell, their instructor will travel to Dearborn, Mich., to compete in the Ford/AAA Student Auto Skills National Finals, which will take place June 9 - 12 on the front lawn of Ford World Headquarters.

At the National Finals, the duo will compete for additional scholarship money to help kick-start their automotive careers.

The Ford/AAA Student Auto Skills nationwide automotive technology competition offers nearly $12 million in scholarships and prizes to high school juniors and seniors interested in pursuing careers as automotive service technicians. More than 10,000 students from across the nation compete for the chance to represent their school and state as part of a two-person team in the National Finals on the front lawn of Ford World Headquarters in Dearborn, Mich.

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Source: http://marana-avravalley.tucsonnewsnow.com/news/news/142163-two-marana-high-school-students-win-fordaaa-student-auto-skills-state-finals

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Wearable robots getting lighter, more portable

In this May 6, 2013 photo, Michael Gore, center, who is paralyzed from a spinal injury, walks with the use of the Indego wearable robot under the supervision of physical therapist Clare Hartigan during a meeting of the American Spinal Injury Association at a downtown hotel in Chicago. Eleven years ago, Gore was paralyzed from the waist down in a workplace accident, but with the aid of the 27-pound gadget that snaps together from pieces that fit into a backpack he stands and walks with the assistance of science and engineering. The device is among several competing products that hold promise for people with spinal injuries, like Gore, and for people with multiple sclerosis and cerebral palsy or for those recovering from strokes. (AP Photo/M. Spencer Green)

In this May 6, 2013 photo, Michael Gore, center, who is paralyzed from a spinal injury, walks with the use of the Indego wearable robot under the supervision of physical therapist Clare Hartigan during a meeting of the American Spinal Injury Association at a downtown hotel in Chicago. Eleven years ago, Gore was paralyzed from the waist down in a workplace accident, but with the aid of the 27-pound gadget that snaps together from pieces that fit into a backpack he stands and walks with the assistance of science and engineering. The device is among several competing products that hold promise for people with spinal injuries, like Gore, and for people with multiple sclerosis and cerebral palsy or for those recovering from strokes. (AP Photo/M. Spencer Green)

In this May 6, 2013 photo, Michael Gore, center, who is paralyzed from a spinal injury, walks with the use of the Indego wearable robot under the supervision of physical therapist Clare Hartigan during a meeting of the American Spinal Injury Association at a downtown hotel in Chicago. Eleven years ago, Gore was paralyzed from the waist down in a workplace accident, but with the aid of the 27-pound gadget that snaps together from pieces that fit into a backpack he stands and walks with the assistance of science and engineering. The device is among several competing products that hold promise for people with spinal injuries, like Gore, and for people with multiple sclerosis and cerebral palsy or for those recovering from strokes. (AP Photo/M. Spencer Green)

In this May 6, 2013 photo, Jennifer French, center, questions, Michael Gore, who is paralyzed from a spinal injury walking with the use of the Indego wearable robot under the supervision of physical therapist Clare Hartigan, second from left, during a meeting of the American Spinal Injury Association at a downtown hotel in Chicago. Eleven years ago, Gore was paralyzed from the waist down in a workplace accident, but with the aid of the 27-pound gadget that snaps together from pieces that fit into a backpack he stands and walks with the assistance of science and engineering. The device is among several competing products that hold promise for people with spinal injuries, like Gore, and for people with multiple sclerosis and cerebral palsy or for those recovering from strokes. (AP Photo/M. Spencer Green)

In this May 6, 2013 photo, Michael Gore, center, who is paralyzed from a spinal injury, walks with the use of the Indego wearable robot during a meeting of the American Spinal Injury Association at a downtown hotel in Chicago. Eleven years ago, Gore was paralyzed from the waist down in a workplace accident, but with the aid of the 27-pound gadget that snaps together from pieces that fit into a backpack he stands and walks with the assistance of science and engineering. The device is among several competing products that hold promise for people with spinal injuries, like Gore, and for people with multiple sclerosis and cerebral palsy or for those recovering from strokes. (AP Photo/M. Spencer Green)

In this May 6, 2013 photo, Michael Goldfarb, left, and Ryan Farris, co-inventors of the Indego wearable robot, speak during a meeting of the American Spinal Injury Association at a downtown hotel in Chicago. Their 27-pound invention snaps together from pieces and fits into a backpack and their goal is for the user to be able to carry it on a wheelchair, put it together, strap it on and walk independently. The device is among several competing products that hold promise for people with spinal injuries, like Gore, and for people with multiple sclerosis and cerebral palsy or for those recovering from strokes. (AP Photo/M. Spencer Green)

(AP) ? When Michael Gore stands, it's a triumph of science and engineering. Eleven years ago, Gore was paralyzed from the waist down in a workplace accident, yet he rises from his wheelchair to his full 6-foot-2-inches and walks across the room with help from a lightweight wearable robot.

The technology has many nicknames. Besides "wearable robot," the inventions also are called "electronic legs" or "powered exoskeletons." This version, called Indego, is among several competing products being used and tested in U.S. rehab hospitals that hold promise not only for people such as Gore with spinal injuries, but also those recovering from strokes or afflicted with multiple sclerosis and cerebral palsy.

Still at least a year away from the market, the 27-pound Indego is the lightest of the powered exoskeletons. It snaps together from pieces that fit into a backpack. The goal is for the user to be able to carry it on a wheelchair, put it together, strap it on and walk independently. None of the products, including the Indego, are yet approved by federal regulators for personal use, meaning they must be used under the supervision of a physical therapist.

Gore, 42, of Whiteville, N.C., demonstrated the device this week at the American Spinal Injury Association meeting in Chicago, successfully negotiating a noisy, crowded hallway of medical professionals and people with spinal injuries in wheelchairs.

When he leans forward, the device takes a first step. When he tilts from side to side, it walks. When Gore wants to stop, he leans back and the robotic leg braces come to a halt. Gore uses forearm crutches for balance. A battery in the hip piece powers the motors in the robotic legs.

"Being able to speak with you eye-to-eye is just a big emotional boost," Gore said to a reporter. "Being able to walk up to you and say hello is not a big thing until you cannot do it."

The devices won't replace wheelchairs, which are faster. None of the devices are speedy enough, for example, for a paralyzed person to walk across a street before the light changes, said Arun Jayaraman of the Rehabilitation Institute of Chicago, who is testing a number of similar devices.

"None of them have fall prevention technology," Jayaraman said. "If the person falls, they can hurt themselves badly. If you fall down, how do you get off a robot that is strapped into you?" They need to be even lighter and have longer-lasting batteries, he said.

Still, Jayaraman said, the devices might help prevent pressure sores from sitting too long in a wheelchair, improve heart health, develop muscle strength, lift depression and ultimately bring down medical costs by keeping healthier patients out of the hospital.

Companies in Israel, New Zealand and California make competing devices, and all the products are becoming less bulky as they are refined. The Indego was invented at Vanderbilt University in Nashville and tested at the Shepherd Center, a rehabilitation hospital in Atlanta. It's now licensed to Cleveland-based Parker Hannifin Corp., which makes precision engineered products like aircraft wheels and brakes.

Like many other research participants in clinical studies, Gore receives a stipend for his participation from Vanderbilt University.

It's unclear exactly how much the devices will cost if they become available for personal use. Some technology news media reports have said $50,000 to $75,000. Indego's makers want to bring the cost below that, said co-inventor Ryan Farris of Parker Hannifin. Experts say it will take years of research to prove health benefits before Medicare and private insurance companies would consider covering the expense.

Paul Tobin, president of the nonprofit advocacy group United Spinal, said wearable robots present an exciting opportunity but that patients should keep their expectations realistic.

"It's going to be critical that people have a thorough medical evaluation before trying something like this, especially if they've been injured for some time," Tobin said. "It won't be appropriate for everyone. For some people, it will be a godsend."

___

AP Medical Writer Carla K. Johnson can be reached at http://www.twitter.com/CarlaKJohnson

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/b2f0ca3a594644ee9e50a8ec4ce2d6de/Article_2013-05-09-Wearable%20Robot/id-9a94f2a4b27144ba967bb0daf1d5e09d

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Wednesday, May 8, 2013

Lower bad loans give HSBC a big Q1 profit boost

LONDON (AP) ? HSBC PLC, Europe's biggest bank by market value, saw its profits more than double in the first quarter as it booked fewer bad loans than in the same period last year and reaped the benefits of recent restructuring measures.

The bank, which has a big presence in many parts of the world including China, said Tuesday that its net profit rose to $6.35 billion in the first three months of the year from $2.58 billion in the same period of 2012.

Chief Executive Stuart Gulliver said the bank has made progress in increasing revenue and reducing costs, cutting some 40,000 jobs out of a workforce of 300,000 since 2011. He also alluded to efforts made to embed changes into the corporate structure to prevent money laundering at the immense institution.

"We have achieved further progress on the journey we started in 2011 to make HSBC easier to manage and control," he said in a statement. "The implementation of global standards will help ensure that we meet the commitments we made to the U.S. and U.K. authorities as part of the settlement agreements reached at the end of last year."

The changes came after the group agreed to pay nearly $2 billion last year to settle a money-laundering case involving illicit drug money from Mexico. The case, brought by U.S. and U.K. officials, led to the resignation of the bank's head of compliance after it was found HSBC had lax controls that exposed it to money-laundering and terrorist financing. The bank also paid a $1.4 billion fine in the U.K. for improperly selling financial products to customers.

A more detailed look at the bank's earnings shows that net interest income fell to $8.97 billion from $10.08 billion. However, it said that was made up by a rise in trading income and fewer bad loans and insurance claims compared with last year.

Gulliver said challenges remain even though some parts of the global economy are improving.

The bank expects the U.S. economy to grow faster than other developed economies, though not at the same pace as previous recoveries. Elsewhere, it expects the mainland Chinese economy to accelerate after a slower than expected start to the year, while the economy of the 17 European Union countries that use the euro shrinks.

"While continuing uncertainty in the global economy has created a relatively muted environment for revenue growth, we have increased revenue in key areas including residential mortgages and commercial banking in both our home markets of Hong Kong and the U.K., and in our financing and equity capital markets business," Gulliver said.

HSBC's share price was up 2.7 percent at 733 pence.

Analysts said the bank was already benefiting from its three-year restructuring process.

"The company continues to focus on costs and reducing its complexity, with underperforming/non-scalable units being ditched," said Mike van Dulken, head of research at Accendo Markets in a statement. He added that its strong financial performance "is a function of a more diverse geographical exposure, which sets it apart from more UK-focused peers."

Source: http://news.yahoo.com/lower-bad-loans-hsbc-big-q1-profit-boost-141700138.html

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Identity Platform about.me Buys Wefollow To Boost ?Interest? Search

Screen Shot 2013-05-07 at 10.15.57 AMStartups of a feather flock together. Wefollow, a company that was spun out of Digg, has been acquired by About.me, a company that was spun out of Aol. And get this, there's more: Lead About.me investor Kevin Rose was also a co-founder of Wefollow, and About.me co-founder Tony Conrad was the lead investor in Kevin Rose's Milk which sold to Google and eventually staffed up Google Ventures. No conflict, no interest.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/qDGUpLuRxHY/

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The US Senate Just Passed That Internet Sales Tax Bill

That massive online sales tax hike that senators were pushing through? Yeah, it's looking more and more likely. The US senate just held a final vote on the Internet Sales tax issue and it passed 69-27, getting support from both Democrats and Republicans.

Read more...

    


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/mDaBWQKI3Z8/the-us-senate-just-passed-that-internet-sales-tax-bill-493221370

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World shares near five-year high on growth optimism

By Marc Jones

LONDON (Reuters) - World shares hit their highest level in almost five years on Tuesday as last week's strong U.S. jobs report continued to fuel optimism about the health of the global economy.

Japanese stocks jumped in a delayed reaction to the data because Tokyo had been closed for a public holiday on Monday.

The head of the European Central Bank added to the positive mood by saying it was ready to cut rates again if needed.

Australia's central bank also did its bit to help the economy, cutting rates to a record low on Tuesday and signaling it could do more, helping shares.

"I think the markets are going to continue going higher, the S&P hit another record high yesterday, the DAX is getting closer," said Neil Marsh, strategist at Newedge.

"From a very low base, everyone is fairly optimistic that things are going to improve and if they don't, you've got the added backdrop from (ECB President Mario) Draghi that he'll do whatever it takes to push the euro zone economy forwards."

The Nikkei stock average <.n225> soared 3.7 percent and the MSCI global index <.miwd00000pus>, which tracks stocks in 45 countries, rose 0.3 percent, both the highest since June 2008.

European equities also nudged up as trading gathered momentum, bolstered by a crop of better than expected corporate earnings and with the German DAX index <.gdaxi> closing in on its own record high of 8,151,57 set back in 2007.

Monday's comments from Draghi that the ECB would cut rates again if needed, including pushing its key deposit rate into negative territory, kept downward pressure on the euro as it hovered little changed on the day at $1.3075.

The prospect of negative euro zone rates continued to underpin the bloc's bond markets too with the benchmark German Bund a tick lower on the day at 146.15.

The main focus for Asian currency markets was the Reserve Bank of Australia's policy meeting, at which the bank decided to lower its cash rate by 25 basis points to a record low 2.75 percent.

Markets had priced in a 50-50 chance of a rate cut, and the decision sent the Australian dollar down to a two-month low of $1.0810 and helped Australian shares trim earlier losses.

Investors are now waiting for a batch of April data from China, the world's second-largest economy, for more clues on global growth. Chinese trade data will be released on Wednesday, inflation on Thursday and money supply and loan growth expected from Friday.

(Additional Reporting by Toni Vorobyova; editing by Anna Willard)

Source: http://news.yahoo.com/asian-shares-capped-nikkei-soars-u-growth-hopes-043155343.html

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Stunning photo of lightning strike at Grand Canyon (Americablog)

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