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US to resume first beef imports from Ireland since mad cow

Written By Unknown on Selasa, 06 Januari 2015 | 00.33

LONDON — The United States will permit imports of beef from Ireland, the first European Union country allowed to resume sales since the mad cow disease scare over 15 years ago, officials said Monday.

Simon Coveney, Ireland's minister for agriculture, food and the marine, issued a statement announcing that access to the lucrative U.S. market will be restored after American authorities inspected Ireland's beef production systems last year. Authorities estimate annual exports could be worth at least 25 million euros ($30 million).

The U.S. lifted its ban on beef from the EU in March 2014, but inspections are necessary before exports are allowed to resume.

The European Commission praised the move, saying it sent a positive signal to other EU member states and that the "re-opening of the market is a welcome first step to abolish the disproportionate and unjustified" U.S. ban that followed the onset of the crisis in the 1990s.

"It is now desirable that the (U.S.) acts expeditiously to extend the approval to the rest of the European Union and to fully bring their import conditions in line with international standards," the statement said.

Mad cow disease, or bovine spongiform encephalopathy (BSE), is fatal to cows and can cause a fatal human brain disease in people who eat meat from infected cows.


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Carmakers finish strong in 2014, are even better days ahead

DETROIT — Buoyed by a resurgent economy, holiday sales, cheap gasoline and a love affair with pickup trucks, Americans headed to car dealers in droves last month, pushing full-year sales to what's likely to be the highest level since 2006.

Fiat Chrysler, Nissan, Honda and General Motors all reported strong December and annual U.S. sales early Monday, with Nissan and Honda hitting record numbers for the year. Ford faltered during the year but it remained the top-selling brand in the U.S.

The figures pointed to a strong finish for 2014. Analysts are predicting sales of 16.5 million vehicles, up 6 percent from last year and a return to pre-recession levels. And analysts say Americans will continue to buy cars in big numbers this year. They're predicting sales of 17 million for the first time since 2005, close to the record of 17.3 million set in 2000.

Kelley Blue Book expected December sales to be up nearly 10 percent over the previous year to 1.5 million, thanks to holiday promotions and milder-than-usual weather. Automakers report U.S. December and full-year U.S. sales on Monday.

"Automakers should be grinning as they close the books this year," said John Krafcik, president of the TrueCar.com auto buying site.

Fiat Chrysler led the way with a 16 percent increase over 2013, selling just over 2 million cars and trucks. It was the company's best year since 2006. Nissan and Honda also reported gains in December with both Japanese automakers setting sales records.

Fiat Chrysler was led by the Ram pickup truck, with sales up 24 percent for the year. Pickup truck sales rebounded for nearly all automakers through 2014 as small businesses regained confidence and gas prices fell, making the trucks more attractive. Sales of the Jeep Cherokee small SUV were seven times larger than last year, reaching nearly 179,000. Jeep brand sales rose 41 percent for the year to more than 692,000 vehicles, an annual record.

SUVs of all sizes also were hot sellers last year as buyers went for higher seating positions and better cargo-hauling space.

Nissan said its sales grew 11 percent for the year to 1.39 million to set an annual record for the company. Nissan brand sales were up 12 percent for the year, led by the redesigned Rogue small SUV with sales up 22 percent.

At General Motors, a 19 percent sales gain in December helped drive annual sales up 5 percent to 2.94 million cars and trucks. In December, the Buick brand posted a 32 percent sales gain, while GMC was up 23 percent. Both brands advertised 20 percent discounts off sticker prices. GM's full-size pickups, the Chevrolet Silverado and GMC Sierra, each posted gains of more than 30 percent for the month. The company sold over 81,000 big pickups.

Honda said its sales last year rose 1 percent to 1.54 million cars and trucks. That was enough to post the second-best results in company history and a record for the Honda brand. Honda was led by the CR-V small SUV with a 10 percent sales gain to 335,000. That broke the SUV's annual sales record.

Despite strong sales of the new aluminum-body F-150 last month, Ford sales were flat for the year at 2.5 million. But Ford laid claim to being America's top-selling brand for the fifth straight year, and the F-Series remained the top-selling vehicle in America. Ford's December sales were up 1 percent from a year ago for its best December since 2005. Big pickup sales were flat compared with last year at just over 74,000.

Low interest rates and loosening credit standards are drawing buyers. Gas prices — which started the year down 33 percent to $2.23 per gallon nationally, according to AAA — are giving buyers more confidence, whether they're buying their first subcompact or upgrading to a bigger SUV.

And people continued to buy more expensive vehicles. TrueCar reports that the average sales price in 2014 hit more than $33,000, up 1.9 percent from a year ago.

Sales growth is likely to slow this year. That could mean more discounts for buyers, since it will be harder for automakers to maintain growth in a slowing market.


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Connecticut brewery apologizes for using Gandhi on beer can

HARTFORD, Conn. — A Connecticut brewery is apologizing to Indians offended that the company is using Mohandas Gandhi's name and likeness on one of its beers.

New England Brewing Co. in Woodbridge apologized over the weekend on its Facebook page for the India pale ale it calls Gandhi-Bot.

"Our intent is not to offend anyone but rather pay homage and celebrate a man who we respect greatly," the company said.

Critics in the U.S. and India have complained about the commercial use of Gandhi, revered for leading India to independence through nonviolence.

Proloy K. Das, a Hartford lawyer, tweeted that Connecticut "should be ashamed to be home" to New England Brewing. He did not immediately return a call or email seeking comment.

New England Brewing referred questions to its Facebook posting.


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Booting Up: Zipcar to tap home base

For a company founded right in our backyard, Zipcar has been surprisingly absent from spheres of Boston influence. But that may soon change.

Founded in Cambridge and now located in the Innovation District, the car-sharing pioneer is looking to raise its profile as an iconic Boston success story that rivals the likes of companies such as Hubspot, WayFair and even those famous community pillars, Liberty Mutual and State Street.

"We're part of Boston's vibrant innovation economy, but as Bostonians, we're relatively humble," said Brian Harrington, Zipcar's executive vice president and chief marketing officer. "Many people are surprised to learn the sharing economy was born here and continues to call 
Boston home."

In the last year — and even amid a global expansion — Zipcar made a point to invest in a sort of local expansion, focusing on areas such as Mattapan and Roslindale. It also made a key local hire, tapping a top city hall cabinet member and Dorchester native, Justin Holmes, to run its corporate communications operation.

If you live in a Boston neighborhood, chances are that in the last year, you've seen a Zipcar or two pop up nearby, especially at MBTA stations. Zipcar added 41 cars to T stations in 2014, bringing the total to 80. In the past six months, Zipcar doubled the number of cars in Dorchester and launched two new spaces in Mattapan. Following a successful streak there, the company is now looking for additional opportunities nearby, hoping to land spots at visible, less traditional locations such as churches and community centers. A dozen new Zipcars also popped up last year in Roslindale, where there had been previously just one.

Two years after being acquired by Avis, Zipcar's corporate story is unfolding as a sort of model of brand preservation, in which the younger company has been encouraged to stay true to its geographic and demographic roots.

Besides the renewed focus on local ties, the best evidence of Avis seeing the value in Zipcar's autonomy is about to hit airwaves today — in the form of a new marketing campaign, a collaboration between Zipcar and the state of Vermont.

The campaign features a series of fun, tongue-in-cheek online ads titled, "I'd Tap That," using innuendo to showcase the simplicity of the tap-enabled unlocking mechanism on its fleet of cars. It's quintessentially Zipcar; undoubtedly not Avis. The campaign also harnesses a hallmark of millennial humor, the faux newscast, enlisting Vermont's top forestry official to insist that the state's maple sugar-makers "tap it" better than anyone. You can cast your vote at zipcar.com/WhoTapsItBest.

"We've been a disruptor without acting disruptive," said Harrington. "We're fun, witty and take risks."


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Raise your home's IQ: smart gadgets take center stage at CES

LAS VEGAS — Imagine a world in which your garage door opens automatically as you pull into the driveway. The living room lights and heater turn on — perhaps the oven starts warming up, too. In the so-called "smart home," cars, appliances and other devices all have sensors and Internet connectivity to think and act for themselves, and make your life easier.

We're not there just yet, but we're getting closer.

The smart-home concept is known in tech circles as the Internet of Things. Current iterations primarily include our ability to control gadgets such as lights and security alarms or view data remotely through a smartphone app. At the International CES gadget show in Las Vegas this week, manufacturers will promote more devices and functionality. Some gadgets will be able to talk directly with one another, not just to an app. The four-day show opens to the public Tuesday.

The Internet of Things could mean big business for gadget makers. The Consumer Electronics Association projects sales of smart energy and security systems alone will total $574 million this year, a 23 percent increase from 2014. Although that pales by comparison to the $18 billion spent on TVs and displays, growth has been swift. In terms of people smartening up their homes in earnest, though, it will probably be another two years before devices are cheap and widespread enough for the typical consumer, says Eduardo Pinheiro, CEO of Muzzley, which makes a hub that allows devices to talk to each other.

For now, the smart home is more about possibilities than practice. Many companies exhibiting at CES are laying the foundation for what a smart-home system will eventually do, hoping to entice consumers to start thinking about upgrading to smart gadgets. It's not always an easy sell.

Consider wearable devices that track fitness and other activities. In many cases, the novelty wears off quickly, and devices end up in drawers. But what if a wearable device that tracks sleep could tell the coffeemaker to start brewing as soon as you awoke? When the coffee's done, what if the sprinklers on the front lawn automatically turned off so you didn't get wet walking out the front door to work?

For example, Lucis Technologies will soon ship a smart-lighting device called NuBryte that can learn your behavior, such as what time you tend to come home. Sensors can turn on the night light if you wake up to use the bathroom but switch on brighter lights during the day. A coffeemaker from Smarter will soon use data from fitness trackers such as Fitbit. If you had a bad night of sleep, the coffeemaker will know to make the java stronger that morning. Other products focus on better notifications: a battery for a smoke detector to alert you on your phone when the alarm goes off, or a bracelet that vibrates when the baby cries in its crib. (Moms rejoice: the bracelet is even smart enough to alternate which parent it alerts to get up.)

"It's got to be something people are seeing it can do and want it to do," says Chris Penrose, AT&T's senior vice president for the Internet of Things. "It's got to make their lives better and be incredibly easy to use."

"True consumer value will come when devices work in concert with one another and in many cases across manufacturers," adds Brett Dibkey, a Whirlpool Corp. vice president. "The home adapts to the way consumers live rather than the other way around."

At CES, Whirlpool will showcase dryers that can run at a slower, energy-saving cycle if you aren't home and thus aren't in a rush. The dryer integrates with Google Inc.'s Nest smart thermostat, which has sensors to figure out that no one's home and then lowers the heat automatically. Meanwhile, a smart-home hub called DigitalStrom plans to take cues from Nest. If Nest is trying to cool down the house, for instance, DigitalStrom will lower automated window shades to block out sunlight.

These are the building blocks for an eventual automated home. Once those building blocks are in place, services can better predict what you want. For example, Netflix is already good about recommending movies to watch based on your preferences, but it might suggest something different if it could read data from a wearable device or camera and tell that you're with friends, or stressed out, says Shawn Dubravac, senior director of research with the Consumer Electronics Association.

As we get closer to being able to live like the Jetsons, manufacturers will have to convince consumers that the technology is secure from hackers — and that convenience and peace of mind are worth any risks.

Ann Poletti, who now uses the Nest thermostat at her home in San Francisco, said her first apartment burned down, so she is sensitive to making sure all her appliances are off. The Internet of Things would let her check remotely.

"Toothbrushes and ironing boards, one day it will all be connected. I think that's great," says Poletti. "Some people don't want all the data out there. I'm worried about access to my bank account, less so about whether my heat is going on or off."


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Wynn closes on $35M purchase of Everett casino site

Wynn Resorts has finalized the $35 million purchase of its 33-acre casino site in Everett, taking the contaminated property out of the hands of owners with ties to a convicted felon and mob associate.

Wynn had three months from the formal awarding of its license in November to close on the Mystic River parcel.

"The acquisition of the property keeps us on schedule and moving closer to construction,'" said Robert DeSalvio, president of Wynn Everett. "Today, we hit the 'go' button and we're not stopping until a spectacular Wynn Resort with a new waterfront public park for all to access and enjoy is completed."

The former Monsanto chemical site was owned in part by two developers, Dustin DeNunzio and Anthony Gattineri, who have been indicted on wire fraud and other charges for allegedly working to conceal the ownership stake of convicted felon Charles Lightbody. Lightbody has also been indicted.


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Skeptical about North Korea's role in Sony hack? Don't be

If the mounting skepticism regarding North Korea's involvement in the Sony hack was expected to weaken the resolve of President Obama, that's not what happened last week.

Days after the FBI reaffirmed its initial contention that North Korea was the culprit, President Obama made good on his own vow to mete out a proportionate response by announcing economic sanctions that will be just the first of more actions to come.

Looks like the Obama Administration wasn't exactly paralyzed by second-guessing after various cybersecurity experts declared how unconvinced they were by what little evidence the FBI made public pointing to North Korea's culpability.

No doubt there will be some out there who will read the tea leaves differently. If the Administration was just trying to, say, conduct a kangaroo court, the swifter the punishment comes, the less time skeptics are given to uncover the cover-up as it occurs. Obama is used to this kind of conspiracy-minded logic by now given how it seems to have dogged his presidential tenure at every turn, from the "birther" controversy to Benghazi.

But while this kind of extreme skepticism toward Obama's intentions has always gotten no quarter in my own mind, I must confess the Sony hack had me suspicious of the Administration at first. But no longer.

My initial distrust is rooted in how incomprehensibly the narrative of the Sony hack has unfolded. After being decimated by the hackers, Sony Pictures made an understandable decision to pull "The Interview" from theaters, particularly after a terrorist threat was made. Then Obama criticized Sony's decision, which seemed to lead to a reversal of halting the movie's release.

But that begs a few questions that I still can't answer: As bad as it is to be criticized by a sitting president, was that (and criticism from others) really enough to compel Sony to risk yet another serious data leak by releasing the movie? And if the hackers praised Sony for making a "wise decision" when the studio pulled "The Interview," why would they go quiet after the movie was reinstated?

Consequently, I've found it hard to accept just about anything as hard truth in this situation. And that skepticism was only heightened by reading the rather detailed analyses from cybersecurity experts poking holes in the FBI's case.

But that's also where my distrust begins to dissipate. First of all, as some of these same experts acknowledge, they don't have all the facts. Both the FBI and the State Department have made clear they aren't sharing all the evidence they have with the public, so any conclusions drawn from an incomplete analysis are obviously quite flawed.

You can criticize the Administration for not sharing enough or not selectively divulging more convincing information, or worse, deem what little they've said a smokescreen to obscure totally bogus findings. But it's also understandable that in a sensitive situation like a cyberterrorism investigation, certain aspects are going to stay classified.

But there's an even simpler reason I am willing to give the Obama Administration the benefit of the doubt that North Korea is the culprit.

Consider the Administration surely understands that given the U.S. was essentially hoodwinked by the Bush Administration into believing there were weapons of mass destruction in Iraq, there would be some understandable cynicism about retaliations of that type in the future, even of the counter-cyberterrorism variety.

So it stands to reason that it would be an act of monumental stupidity capable of singlehandedly destroying Obama's legacy if he was to recklessly rush to crucify North Korea without being damn sure the rogue nation was actually responsible, lest it somehow come to light by other means that he was wrong all along.

"Wrong" can mean two very different things, though both ultimately would be so horrible for Obama that he must be cocksure he's right. The first way to look at "wrong" is that the Administration is engaged in a pretty nefarious plot to frame North Korea for a crime it didn't commit, as the country's official proclamations would like us to believe.

Let's assume for a second Obama is the evil mastermind Rush Limbaugh says he is. Why of all the politically expedient shenanigans to attempt would getting tough on North Korea without any real justification be worth the risk of exposure? The Sony hack was not 9/11; there is no public clamoring for retribution so fervently that Obama needed to deliver Kim Jong Un's head on a plate just to quell the outraged masses. And if his intention to take such a foolhardy risk was to burnish his legacy as a tough leader, the Sony hack is too small stakes to make such a demonstration of his power that impactful.

The more charitable way to look at it "wrong" is that while the FBI had the most honorable of intentions, they simply screwed up and got fooled. Were this the case it would still be a pretty epic scandal that would expose just how woefully inadequate U.S. strategy on cybersecurity is. But again, the risk of this being the case is so great that the Obama Administration wouldn't have moved against North Korea this quickly and aggressively unless it was in possession of a smoking gun.

I'm neither naive enough to believe our government never lies nor blind enough not to appreciate living in a democracy where openly questioning our president's intentions is a sacred right of being a U.S. citizen (that freedom of expression certainly isn't available in North Korea). But while the Obama's administration handling of the Sony hack has been less than stellar, I think there's some compelling reasons to have faith that our president is not misleading us.

Maybe my trust will be proven stunningly naive in retrospect, and if so, I pledge to eat crow then.

© 2015 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC


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Weather service to boost its computer power for forecasting

WASHINGTON — The National Weather Service is about to boost its computing power by more than tenfold, which officials hope will translate to better forecasts.

The National Oceanic and Atmospheric Administration's two supercomputers will more than triple in computational ability this month and more than triple again by October. Computers will go from now being able to handle 426 trillion operations a second to 5,000 trillion calculations in the fall.

The upgrade costs $44.5 million.

NOAA chief Kathryn Sullivan said it will lead to more reliable, accurate and timely forecasts. The weather service's main computer forecast model this month will double its resolution for forecasts of less than 10 days.

Jeff Masters, meteorology director of the private company Weather Underground, said this should help U.S. forecasting models catch up with the Europeans.


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Hedge fund founder shot dead in NY apartment; son questioned

NEW YORK — A 70-year-old hedge fund founder was found shot dead inside his Manhattan apartment, and police were questioning his son, authorities said Monday.

Thomas Gilbert Sr. was shot in the head at his Beekman Place residence on the East Side on Sunday, police said. Police responded to the home after reports of shots fired, and found Gilbert in the bedroom, a handgun near his body.

Gilbert's son, Thomas, was being questioned by police but no charges have been filed, police said. It wasn't clear whether he had an attorney.

In 2011, the elder Gilbert founded Wainscott Capital Partners Fund, which has $200 million in assets. Industry publication Hedge Fund Alert said in an August 2013 article that the fund had a net return of nearly 25 percent in 2012.

He was a graduate of Princeton University and Harvard Business School.

Gilbert Jr. also attended Princeton, graduating in 2009 with a degree in economics. It wasn't immediately clear whether the son worked with the father, but he was not listed on the company's website.

Gilbert Sr. worked on Wall Street for more than 40 years, according to his profile on Wainscott's website, and previously co-founded Syzygy Therapeutics, a biotech asset acquisition fund. He also was founder and CEO of an online teacher-education company called Knowledge Delivery Systems Inc.

Wainscott had no immediate comment Monday. The hedge fund invests in biotechnology and health care stocks, which typically make up about 70 to 80 percent of its investments, according to the firm's website. The fund focuses on stocks traded on large exchanges like the Nasdaq and New York Stock Exchange, with as many as 70 different investments at one time. The minimum amount for investors is $500,000.

"We're not cowboys," Gilbert said in a November interview with the publication FINalternatives. "People say, 'This guy can be up 40 percent but then he can be down 40 percent.' We would rather be up 20 percent and not have any down months or down years," he said.

Hedge funds are aggressively managed with the goal of producing higher returns than the stock market as a whole. Fund managers use a range of strategies, including some highly risky ones, in pursuit of outsize gains. Wainscott's website claims to offer the potential for returns of 20 to 30 percent. That's well above the 7 percent historical return on stock investments over the last half-century.

The shooting was a rare act of violence on Beekman Place, a wealthy enclave just north of the United Nations in the Sutton Place neighborhood.

___

Associated Press writer Matthew Perrone contributed to this report from Washington.


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Massachusetts gas prices down another dime

BOSTON — The price of a gallon of gas in Massachusetts has dropped for the 17th consecutive week.

AAA Northeast reports Monday that self-serve, regular has fell a dime per gallon in the past week to an average of $2.36.

That's 42 cents lower than a month ago and $1.11 lower than at the same time last year.

Despite the steep drop, in-state prices remain 16 cents higher than the national average.

AAA found self-serve, regular selling for as low as $2.17 per gallon in Massachusetts and as high as $2.89.


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