P&G to acquire Gillette for US$57 billion

Friday, January 28, 2005

New York –American manufacturing giant Proctor & Gamble (P&G) plans to acquire Gillette Co. for US$57 billion in stock. The purchase plan calls for P&G to swap 0.975 shares of its stock per share of Gillete Co. P&G also announced a stock buyback program in which they would purchase up to US$22 billion of shares over the next 18 months. Including the stock buyback program, the merger is being financed by 60 percent stock and 40 percent cash.

P&G is known for brands such as Ariel and Tide washing powder, Max Factor cosmetics, Pringles potato crisps (chips) and Hugo Boss and Lacoste perfumes.

Gillette, known for brands such as Gillette razors, Oral B dental care, and Duracell batteries, has had growing problems with the growth of private labels and price cuts demanded by large supermarkets.

After the acquisition is completed, Gillette’s CEO James Kilts will be P&G’s vice-chairman. Kilts said that he expects that this acquisition will cause additional mergers to take place.

“I believe the consumer product industry needs to consolidate,” said Kilts, “we believe we can bring these companies together and create a juggernaut.”

P&G and Gillette have a combined market capitalization of about $185 billion US, which will make it the largest in the sector.

The early morning announcement states that 6,000 employees will be eliminated. Most of the layoffs will result from reducing overlapping management positions and other supporting positions within the combined company.

Antitrust regulators in the US and Europe plan to review the acquisition, to determine whether the combined company will have too much power over pricing and shelf space.

P&G plans to provide additional details about the merger Friday morning (East Coast time) in New York.

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Things To Know When You Are Looking For Cheap Rentals

By Stewart Wrighter

Almost everyone who is looking for apartment rentals are looking for the same thing. Everyone wants a big apartment, in a great neighborhood, in a new building that is really cheap. Unfortunately, there are not many of those available. However, it is possible to find apartment rentals that do not break the bank. However, it is important that you know the pros and cons if you are looking for an inexpensive rental.

It is important to know that cheap rentals do exist; you just have to be willing to look around for them. A lot of the cheap rentals are in bad neighborhoods or are generally not in very good shape. However, you can also find rentals from people that just want to have someone responsible living in the unit so they know it does not get destroyed. Many people also rent out rooms in their house just to have someone else around and these are usually pretty cheap too.

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

Make sure that you are careful if you are looking for rentals online. Yes, it is the best place to find them in many cases, but like everything else, there are also many scams around too. Make sure that you never give anyone any money until you actually see the specific apartment. Some scammers will show you a picture of one apartment, take your deposit, and then actually give you an apartment that is of much lesser quality when you show up to move in. If the price of the rental looks too cheap, you should look for any additional fees. In some cases, the cost of utilities is included in your rent, but not all. Sometimes the reason that a rental looks less expensive than the others is because you will also have to pay for the heat, water, trash, parking and electric.

You should make sure that you take a full tour of the property if you are considering renting a place that is cheap. Sometimes the problems that led the landlord to list the rental for a cheaper rate are not necessarily a problem for you. In other cases, maybe you have the skills to fix some of the problems that the house has. If that is the case, you might even be able to negotiate an even lower rental fee for the first few months with an agreement that you will fix some of the problems.

One more step that you should if you are considering renting a place where the rent is much less than expected is to talk to the neighbors. One of the reasons that apartments are a little cheaper is because of a high crime rate in the area. The only way the landlord can find new renters is to offer dirt cheap prices. You should always read the lease carefully, but this is especially true for a cheap rental. You need to be positive that the cheap rate is for at least a certain number of months. Sometimes you will find that the rent will increase by $100 after just a few months.

About the Author: Stewart Wrighter recently contacted a real estate agent who specializes in finding

Westwood OH apartment rentals

. He searched the term

Mt Washington OH apartment rentals

online to see what was available in his price range.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=994507&ca=Real+Estate

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David S. Touretzky discusses Scientology, Anonymous and Tom Cruise

Wednesday, February 6, 2008

David S. Touretzky, prominent free speech activist and critic of Scientology, discussed his opinions on the recent Internet backlash against the Church of Scientology in an interview with former Scientologist and Wikinews reporter Nicholas Turnbull. The recent conflict on the Internet between critics of Scientology and the Church has been spurred on in declarations by a nebulous Internet entity using the name Anonymous that the Church of Scientology “will be destroyed”. Anonymous has directed recent protests at Scientology centres across the world, which have attracted significant numbers of individuals supporting the cause. In recent e-mail correspondence with Wikinews, a representative of the Church of Scientology declared that the Church considers the activities of Anonymous to be illegal, and that Anonymous “will be handled and stopped”.

Touretzky, a research professor in artificial intelligence and computational neuroscience at Carnegie Mellon University, has been a prominent critic of the Church of Scientology since mid-1995, and has been protesting against Scientology vociferously since then; he has also run websites that publish material that Scientology wishes to keep suppressed from the public eye, such as extracts from Scientology’s formerly-confidential Operating Thetan (OT) materials. Touretzky views the actions of the Church of Scientology as being “a threat to free speech”, and has endured harassment by the Church of Scientology for his activities.

The Church of Scientology continues to suffer damage to its public reputation through increased exposure on the Internet and vocal protests by Scientology critics such as Prof. Touretzky. A recent event that focused intense attention on Scientology’s totalitarian attitude was the leak of an internal Church of Scientology propaganda video to the Internet video sharing site YouTube, in which celebrity Scientologist Tom Cruise spoke heavily in Scientology’s jargon and stated that that “we [Scientology] are the authorities” on resolving the difficulties of humanity. The declaration of war by Anonymous followed shortly after this leak, in the form of a video posted to the Internet.

The ongoing dispute, cast by some as Scientology versus the Internet, brought Scientology terms such as “SP” (Suppressive Person, an enemy of Scientology) and “KSW” (Keeping Scientology Working) into general usage by non-Scientologists from the late 1990s onwards; increased attention has been drawn to Scientology by the release of the Cruise video in addition to media coverage. This focus has caused an even greater propagation of these terms across the outside world, as Touretzky comments in the interview.

Wikinews asked Prof. Touretzky about the impact that the activities of Anonymous will have on Scientology, the public relations effect of the Tom Cruise video, the recent departure of individuals from the Church of Scientology’s executive management, the strategies that Anonymous will employ and Touretzky’s experiences of picketing the Church.

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News briefs:February 01, 2008

Contents

  • 1 Wikinews News Brief [Date]
    • 1.1 Introduction
  • 2 Events of worldwide notability, military action, disasters etc.
    • 2.1 Violence takes place in Chad capital N’djamena as military and rebels clash
    • 2.2 High level al-Qaeda leader reported dead
    • 2.3 International manhunt for alleged kidney harvester
  • 3 Non-disastrous local events with notable impact and dead celebrities
    • 3.1 Envelopes containing white powder sent to Church of Scientology locations in southern California, USA
    • 3.2 Vermont town to vote on charging US President, Vice President of war crimes
  • 4 Business, commerce and academia
    • 4.1 Microsoft bids $44 billion for Yahoo!
  • 5 Arts and culture
  • 6 Frivolities and trivia
    • 6.1 Brechin thrown out of Scottish Cup after dispute
    • 6.2 Footer

[edit]

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HIV-positive man receives 35 years for spitting on Dallas police officer

Sunday, May 18, 2008

An HIV-positive man was sentenced to 35 years in prison Wednesday, one day after being convicted of harassment of a public servant for spitting into the eye and open mouth of a Dallas, Texas police officer in May 2006. The United States Centers for Disease Control and Prevention says that no one has ever contracted HIV from saliva, and a gay-rights and AIDS advocacy group called the sentence excessive.

A Dallas County jury concluded that Willie Campbell’s act of spitting on policeman Dan Waller in 2006 constituted the use of his saliva as a deadly weapon. The incident occurred while Campbell, 42, was resisting arrest while being taken into custody for public intoxication.

“He turns and spits. He hits me in the eye and mouth. Then he told me he has AIDS. I immediately began looking for something to flush my eyes with,” said Waller to The Dallas Morning News.

Officer Waller responded after a bystander reported seeing an unconscious male lying outside a building. Dallas County prosecutors stated that Campbell attempted to fight paramedics and kicked the police officer who arrested him for public intoxication.

It’s been 25 years since the virus was identified, but there are still lots of fears.

Prosecutors said that Campbell yelled that he was innocent during the trial, and claimed a police officer was lying. Campbell’s lawyer Russell Heinrichs said that because he had a history of convictions including similarly attacking two other police officers, biting inmates, and other offenses, he was indicted under a habitual offender statute. The statute increased his minimum sentence to 25 years in prison. Because the jury ruled that Campbell’s saliva was used as a deadly weapon, he will not be eligible for parole until completing at least half his sentence.

If you look at the facts of this case, it was clear that the defendant intended to cause serious bodily injury.

The organization Lambda Legal (Lambda Legal Defense and Education Fund), which advocates for individuals living with HIV, says that saliva should not be considered a deadly weapon. Bebe Anderson, the HIV projects director at Lambda Legal, spoke with The Dallas Morning News about the sentence. “It’s been 25 years since the virus was identified, but there are still lots of fears,” said Anderson.

The Dallas County prosecutor who handled the trial, Jenni Morse, said that the deadly weapon finding was justified. “No matter how minuscule, there is some risk. That means there is the possibility of causing serious bodily injury or death,” said Morse. Dallas County District Attorney Craig Watkins stated: “If you look at the facts of this case, it was clear that the defendant intended to cause serious bodily injury.”

Contact with saliva, tears, or sweat has never been shown to result in transmission of HIV.

A page at the CDC’s website, HIV and Its Transmission, states: “HIV has been found in saliva and tears in very low quantities from some AIDS patients.” The subsection “Saliva, Tears, and Sweat” concludes that: “Contact with saliva, tears, or sweat has never been shown to result in transmission of HIV.” On Friday the Dallas County Health Department released a statement explaining that HIV is most commonly spread through sexual contact, sharing needles, or transfusion from an infected blood product.

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Apple to hold media event on September 1, may update iPods and Apple TV

Friday, August 27, 2010

Apple Inc. will hold a music-centered event in San Francisco, California on September 1. It has been widely speculated that the company will introduce an updated line of iPod portable music players and a new Apple TV.

The company e-mailed invitations for the event to various media organizations on Wednesday. The message included a picture of a guitar and the time of the event. Apple did not release any information about what products would be involved.

Apple has released new iPods through previous similar events in September in anticipation of the holiday shopping season. This year, Apple may unveil a new iPod Touch with two cameras, similar to their recent iPhone 4 design. It will likely also update the iTunes music store and software.

Speculation about a new Apple TV is mixed. While many blogs are reporting that a refresh of the device will be announced, analysts say that it is unlikely to happen during next Wednesday’s event. According to Reuters, sources are saying that Apple is negotiating with major television networks, including ABC and NBC, in order to provide shows for purchase on iTunes. However, they also reported that the deal has not been completed, and none of the companies involved have commented on the rumors.

It has also been rumored that Apple will introduce a new online music service. In 2009, Apple took over a company that allowed users to stream music online rather than download individual songs. Apple has not confirmed the rumors.

Last September’s media event saw the return of Apple CEO Steve Jobs after he took a break to undergo a liver transplant. This year, the event will be held in San Francisco’s Yerba Buena Center for the Arts, previously used by Apple in April for the unveiling of the iPad.

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Swedish wrestler throws away Olympic bronze medal, leaves

Friday, August 15, 2008

Ara Abrahamian, an Armenian-born wrestler from Sweden, received a bronze medal in the 84kg class of Greco-Roman wrestling. During the award ceremony on Thursday, Abrahamian stepped down from the podium, took off his medal and dropped it onto the wrestling mat. He then angrily left and was later quoted as saying “I don’t care about this medal. I wanted gold.”

Abrahamian was upset about a decision in his semi-final loss to eventual gold medal winner Andrea Minguzzi from Italy. His coach, Leo Myllari, seemed to agree that he had been unfairly treated by the judges. “It’s all politics,” Myllari said, though he did not indicate if he was going to file an official protest.

I don’t care about this medal. I wanted gold.

Abrahamian participated in the bronze-medal bout, but only after friends pleaded with him. “I decided that I had come this far and didn’t want to let them down, so I wrestled,” said Abrahamian. “This will be my last match. I wanted to take gold, so I consider this Olympics a failure,” the 33-year-old Swede said. Abrahamian won a silver medal back in the 2004 summer olympics in Athens.

“Certainly one can always question decisions made in the course of refereeing, but in sports it is appropriate to show sportsmanship and accept the results,” said gold-winner Minguzzi, who was unhappy that his celebration was spoiled.

The International Olympic Committee said there will be a disciplinary hearing.

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High school football coach shot dead at school gym in Iowa

Wednesday, June 24, 2009

An American football coach has been shot at his school gym in Iowa, United States. Ed Thomas was shot in front of his students at around 8.00 am local time. Thomas was in the weight room at the time of the shooting. An adult male has been arrested suspected of his murder.

Thomas was the head football coach at Aplington-Parkersburg High School. He had coached 37 seasons of High School football in his career and has a career record of 292-84 of which 156-31 is with Aplington-Parkersburg. He led Parkersburg to 19 state playoffs and won state titles in 1993 and 2001. He was named NFL High School Coach of the Year in 2003 and previously coached four active NFL players including Brad Meester, Jared DeVries, Casey Wiegmann and Aaron Kampman.

Thomas was well known in the local community for his work. When Parkersburg was hit by a tornado in the summer of 2008 Thomas worked endlessly to restore the damaged football field. County Sheriff Jason Johnson said that “Coach Thomas is the pillar of the community. Anything that affects him affects Parkersburg.”

No students were injured during the shooting.

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Brazilian President Lula met Chavez, military and economic cooperation

Thursday, February 17, 2005

CARACAS, Venezuela –The Brazilian President Luiz Inácio Lula da Silva met the Venezuelan President Hugo Chavez on February 14, 2005 in Caracas, Venezuela. Brazil and Venezuela signed agreements of cooperation on many areas. According to the Brazilian government this was a strategical encounteur. This meeting is the first of three meetings that President Lula will have with South American Presidents in three days. The scheduled meetings are with the presidents of: Venezuela (February, 14), Guiana (February, 15) and Suriname (February, 16).

President Lula was accompanied by the following comitiva: the Minister of Development, Industry, and External Trade Luiz Fernando Furlan, the Minister of Finance Antônio Palocci, the Minister of Foreign Relations Celso Amorim, the Minister of Health Humberto Costa, the Minister of Mines and Energy Dilma Roussef, the Minister of Tourism Walfrido Mares Guia, the President of Petrobras José Eduardo Dutra, the President of National Economic and Social Development Bank (BNDES) Guido Mantega, the President of Eletrobrás Silas Rondeau Cavalcante Silva and the Special Secretary for Aquaculture and Fisheries José Fritsch. In addition a delegation of executives representing enterprises from Brazil accompanied the President.

The Brazilian Ministry of External Relations told the trip aims the construction of a strategical alliance and commercial integration between both countries. The Brazilian Presidential Advisor Marco Aurélio Garcia said:”With this gesture, Brazil will consolidate one of its major political goals, which is the constitution of a South American community of nations”. He added: “These agreements with Venezuela are strategical. We want this agreement as a model for other agreements in the region.”

According to President Lula the integration of the Latin America is the priority number one of his government. Days before the arrival in Venezuela and commenting about the trip Lula said: “We’re going to do the same thing in Colombia and in other countries in which integration is no longer a campaign speech but part of the way we deal with real things, day to day”.

The integration of the Latin America is the politics repeatedly proposed by Lula during the meetings of the Foro de São Paulo. According to him and the others members of the Foro there must be a integration among all the left parties and governments of Latin America. The union aims to be an alternative and opposing force to the politics and influence of the richest countries, mainly the United States. Among the organizations which are usually participants of the Foro de São Paulo are: Communist Party of Cuba, Colombian Communist Party, Communist Party of Bolivia, Communist Party of Brazil, Workers’ Party, Paraguayan Communist Party, Peruvian Communist Party, Socialist Party of Peru, National Liberation Army, Revolutionary Armed Forces of Colombia, Farabundo Martí National Liberation Front, Guatemalan National Revolutionary Unity, Tupamaros.

On December 4, 2001 during the 10th edition of the Foro de São Paulo in Havana Lula said:”A shoal of small fish may mean the finishing of the hungry in our countries, in out continent. We should not think as the History ended on our journey by the Earth. Even it happens just once, or with one gesture, let’s effectively contribute to the improve the life of millions of human beings who live socially excluded by this neoliberal model.”[1]

In Venezuela, once again, he brought out the integration wish: “This is the biggest dream I am carrying, that we can negotiate collectively, not like one country, but like a set of countries so we can do that our people may have the chance to conquer the full citizenship.”

Contents

  • 1 Economic cooperation
  • 2 Military cooperation
  • 3 See also
  • 4 References
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St. Louis hit by massive power outages after 80 m.p.h. winds, National Guard mobilized

Friday, July 21, 2006

A storm has knocked out power during a heat wave in the Greater St. Louis Area.

80 mph (130 km/h) winds accompanied by heavy rain caused many tree limbs to fall, some onto cars, some onto thoroughfares, and some on high-tension power lines that supply the city. It also caused at least three building collapses.

After 160,000 people have had their power restored, but 500,000 others are still without power. Three hundred national guardsmen joined volunteers, policemen and firefighters in aiding people during the crisis.

Vulnerable residents in nursing homes and centers for the elderly are being evacuated. Cookies and water are being distributed to those needing them. With temperatures were nearing 100°F (38°C), ice was in short supply as customers grabbed all they could get their hands on.

“I’ve never seen this many people without power, this much debris, buildings collapsed, lines down,” St. Louis Mayor Francis Slay said.

The local power company, AmerenUE, estimated that as of 10:26 p.m. local Central time on the 20th, 418,195 customers had no electricity.

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