Miami Dolphins bill would bring state money to aging stadiums




















A bill drafted by the Miami Dolphins would give Florida sports teams $3 million a year in state money to improve older stadiums, provided the owner pays for at least half the cost of a major renovation.

Under the law, the stadium would need to be 20 years old and the team willing to put in at least $125 million for a $250 million renovation. That’s less than the $400 million redo of Sun Life Stadium that Dolphins owner Stephen Ross proposed this week, which he hopes will win state approval thanks to his offer to fund at least $200 million of the effort to modernize the 1987 facility.

Miami-Dade and Florida would fund the rest through a mix of county hotel taxes and state general funds set aside for stadiums. Sun Life currently receives $2 million a year through the program, and the Dolphins want to create a new category that would give them an additional $3 million.





While the Miami Marlins and Miami Heat both play in stadiums subsidized by county hotel taxes, the Dolphins receive no local dollars. The bill would change that by allowing Miami-Dade to increase the tax charged at mainland hotels to 7 percent from 6 percent, and eliminate the current rule that limits the money to publicly owned stadiums. Sun Life Stadium, in Miami Gardens, is privately owned but sits on county land.

The bill pits enthusiasm for one of Florida’s most popular sports teams against a lean budget climate and lingering backlash against the 2009 deal that had Miami and Miami-Dade borrow about $485 million to build a new ballpark for the Marlins. Ross also must navigate a Republican-led Legislature that has twice rebuffed his requests for public dollars.

“I would be surprised if that bill even got a hearing in committee,” said Mike Fasano, a Republican representative from the Tampa area and a critic of tax-funded sports deals. “I’m a big Dolphin fan, and have been for years. But with all due respect, we’ve got people who are struggling throughout this state right now . .. The last thing we should be doing is giving a professional sports team or facility additional tax dollars.”

While the bill would open up the $3 million subsidy to other the teams, the Dolphins see it as unlikely that another owner would be willing to put up as much money for renovations as Ross, a billionaire real estate developer.

If the bill were enacted today, any stadium opened before 1993 would be eligible for the money, provided it could show the proposed renovation would generate an additional $3 million in sales taxes.

Ross and his backers are pitching the renovation as a boon to tourism, with Sun Life a magnet for the Super Bowl, national college football games and other major events. The National Football League is considering South Florida and San Francisco for the 2016 Super Bowl, and the Dolphins say approval of renovation funding is crucial to winning the bid.

Sen. Oscar Braynon, D-Miami Gardens, who sponsored the Senate bill, said the funding makes sense because when Sun Life hosts a Super Bowl, the entire state benefits from both tourism dollars and publicity.

“It’s a small price to pay for economic development, and for all the shine we get from major sporting events,” said Braynon, whose district includes Sun Life. Rep. Eduardo “Eddy” Gonzalez, R-Hialeah, is the sponsor on the House side.





Read More..

Wedgie-spree at Florida theater lands prankster in jail




















Authorities say that Charles Ross is known to go around Manatee County and create situations in order to harass and annoy people while filming their reaction for You Tube.

Last weekend, Ross, 18, of Bradenton, ended up in jail after police say he went on a wedgie spree at a theater.

Deputies say Ross was at Royal Palm Theater Sunday night with a friend and began grabbing people by their pants and pulling them up hard, causing discomfort.





A victim told deputies that Ross pulled up his pants, wedgie-style, and then asked the victim if he wanted to hit him, all while his friend was filming, according to the Manatee County Sheriff’s Office.

One victim decided to press charges but others were too embarrassed, deputies said.

The deputy took the camera as evidence and both Ross and his friend were removed from the theater and told they would be arrested if they come back, according to the report.

Ross was booked into the Manatee County Jail on battery charges and was released Monday on a $750 bond.





Read More..

Tata Consultancy says demand in U.S. strong across segments






MUMBAI/BANGALORE (Reuters) – India’s top software services provider Tata Consultancy Services Ltd (TCS) said demand in the key U.S. market is strong across its business segments, with regional banks stepping up spending on technology.


The Mumbai-based company said on Monday that profit jumped 23 percent in the quarter ended December, beating analysts‘ expectations. TCS also gave an upbeat growth outlook, sending its shares up the most in more than eight months and prompting analyst upgrades on the stock.






Economic uncertainty in the United States had fuelled investor worry that clients may keep their IT budgets tight and postpone decision-making on technology spending.


“The U.S. is still a growth market,” Chief Financial Officer S Mahalingam told Reuters in an interview at his Mumbai office on Tuesday. “If it sneezes then we have got a big problem. (But) the demand is very good across all segments.”


The United States accounts for about half of TCS’ revenue, compared with more than 60 percent overall for India’s $ 100 billion outsourcing industry.


Banks, insurers and other financial services clients usually account for more than a third of the revenue at companies such as TCS’ rival Infosys Ltd , where better-than-expected results on Friday and an increased revenue outlook powered a 20 percent rise in its shares over two sessions.


“(The) U.S. economy has regional banks as well, and they are starting to spend. So there is growth,” Mahalingam said.


While Monday’s results prompted analysts from HSBC and CLSA to increase their ratings on TCS stock, some analysts said volume growth was not especially impressive.


Volumes, or billable hours, rose 1.25 percent on a sequential basis, while revenue in dollar terms increased 3.3 percent over the September quarter.


“The key disappointment was soft volume growth of 1.25 percent quarter-on-quarter. However, we remain assured by management’s optimistic outlook on FY14 growth,” Nomura analysts wrote in a note to clients.


(Editing by Tony Munroe and Ryan Woo)


Internet News Headlines – Yahoo! News





Title Post: Tata Consultancy says demand in U.S. strong across segments
Url Post: http://www.news.fluser.com/tata-consultancy-says-demand-in-u-s-strong-across-segments/
Link To Post : Tata Consultancy says demand in U.S. strong across segments
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Oprah Calls Lance Armstrong Confession 'Riveting'

Oprah Winfrey confirmed on Tuesday that disgraced cyclist Lance Armstrong reverses years of denials and confesses in a new interview that he used performance-enhancing drugs during his career.

Appearing Tuesday on CBS This Morning, Oprah described the interview as one of the biggest and most intense she's ever done. "It was surprising to me. I would say that for myself, my team, all of us in the room, we were mesmerized by some of his answers," she said. 

RELATED: Lance Armstrong Tells Oprah He Doped

She added that while she was "satisfied and riveted" by Armstrong's answers, he "did not come clean in the manner that I expected." Oprah, who did not provide specifics from the interview, said that Armstrong was obviously well prepared going into the interview, which took place on Monday in Austin, Texas. "He brought it. He really did," she said.

When asked by host Charlie Rose if she felt Armstrong was "contrite," Oprah said she would describe him as "forthcoming" during the interview, which will air over two nights beginning Thursday at 9 p.m. during a special edition of Oprah's Next Chapter on OWN.

A report from the U.S. Anti-Doping Agency led to the 41-year-old Armstrong being stripped of his seven Tour de France titles last year, but Armstrong has until now vehemently maintained his innocence.

RELATED: Armstrong To Be Stripped of Tour De France Titles 

Read More..

Kelly to announce measures to tackle prescription drug problem in NYC








NYPD Commissioner Ray Kelly.

AP

NYPD Commissioner Ray Kelly.



The NYPD will start tackling prescription drug abuse with GPS tracked prescription bottles.

Police Commissioner Ray Kelly will unveil a four part process to combating prescription drug abuse in New York City when he speaks at the Clinton Health Matters Conference later today in California.

“We’re also distributing so-called ‘bait bottles’ containing placebo Oxycodone pills to be placed on pharmacy shelves,” Kelly said according to planned remarks.

These bottles will be equipped with a GPS tracking device that the police can use to follow the bottle and possibly locate “stash locations.”




“The NYPD knows firsthand the destructive power of addiction to Oxycontin,” Kelly said.

One of the department’s own retired officers became addicted to pills after an injury on the job and started robbing pharmacies at gunpoint.

Kelly hopes the “bait bottles” combined with educating students at the high school and college levels about the dangers of prescription drug abuse, enhanced training for police officers and the development of a new task force will cut down on prescription drug abuse.

“We’ve established a tactical drug diversion task force together with the Drug Enforcement Administration,” Kelly said.

“Our partnership with the DEA also gives us access to its vast, national database which tracks the distribution of controlled substances.”

In addition to those measures, Kelly will also announce a citywide education program for young people as well as building a database of every licensed pharmacist in the area under "Operation Safety Cap."










Read More..

Global entrepreneurship nonprofit Endeavor coming to Miami




















Flawless execution helped propel Argentine Marcos Galperin’s e-auction site, Mercado Libre, above the competition to become a $3.8 billion company. Some 50,000 small businesses now use it to market their wares.

Leila Velez and HeloĆ­sa Helena Assis, cousins who grew up in the slums of Rio, started with one product and one salon. Today their company, Beleza Natural, operates 24 salons that bring in $75 million in revenues, employs 1,500 people and has an eye on U.S expansion.

Both were powered, in part, by Endeavor, a global nonprofit that selects, mentors, supports and accelerates high-impact entrepreneurs in metropolitan areas of 16 countries — and, soon, in Miami.





Endeavor and its local supporter, the John S. and James L. Knight Foundation, announced Tuesday that Knight is providing Endeavor with $2 million in grant funding over five years for Endeavor’s first U.S. expansion. Endeavor’s Miami office could ultimately service dozens of local entrepreneurs, but first a local board needs to be assembled, a managing director hired and offices set up.

Beginning late this year, South Florida’s innovators will be able to apply to become Endeavor Entrepreneurs, connecting them to a global network of mentors and advisors who can help grow their ventures. “We think this is a cornerstone of making Miami more of a place where ideas are built,” said Matt Haggman, Miami program director for the Knight Foundation, which has made entrepreneurship a key focus of its Miami program.

The announcement is an important milestone in Miami’s efforts to accelerate an entrepreneurial ecosystem, which has been gaining momentum, said Haggman, who led the effort for Knight, its largest investment in entrepreneurship to date. Accelerators, incubators and co-working spaces have been opening up, including Launch Pad Tech, which is receiving $1.5 million in public funding and opens for its first class next week. Last month, the first ever Innovate MIA week attracted hundreds of entrepreneurs, investors and other supporters to a packed schedule of daily events, which included the Americas Venture Capital Conference and Endeavor’s International Selection Panel.

“Miami is almost the perfect seeding ground for Endeavor,” said Peter Kellner, co-founder of Endeavor and now an Endeavor board member, an investor and South Florida resident who began discussing the project with Haggman in the spring. “There are commitments from large institutions like Knight, FIU, UM, there is capital, there are people that are interested in making things happen, there are already clusters of activity like accelerators and incubators. That’s where Endeavor thrives.”

Endeavor selects and works primarily with companies from a wide range of industries that are already earning $500,000 to $15 million in annual revenue and ready for the next stage: explosive growth.

“While the vast majority of small businesses employ two or three people, Endeavor businesses employ an average of 237,” said Endeavor co-founder and CEO Linda Rottenberg.

Launched in 1998 and headquartered in New York City, Endeavor now operates throughout Latin America, Africa, the Middle East, Europe and Southeast Asia and supports more than 750 entrepreneurs who are chosen in a rigorous selection process.





Read More..

Ex-South Florida priest pleads no contest to sex charges




















One of South Florida’s most notorious priests — accused by several men of molesting them in their youth — was in Broward Circuit Court Monday morning pleading no contest to half a dozen criminal charges.

Circuit Judge Kenneth Gillespie accepted the plea deal and will render sentencing Jan. 28.

The Rev. Neil Doherty faces 12 to 15 years imprisonment under the agreement.





Doherty, now retired from the Archdiocese of Miami, has served at several South Florida churches, including St. Vincent’s in Margate, St. Anthony in Fort Lauderdale and St. Phillip in Northwest Miami-Dade.

He has a long list of accusers who say he used his position of power to drug and rape them when they were boys. Some of the accusations date back to the 1970s but came to light only in recent years.

His accusers say Doherty used his position to molest young victims. In several cases, Doherty is accused of slipping drugs into drinks to make boys sleepy and molesting them while they were unconscious.

Documents released in 2006 as part of the Broward case included an interview with the priest’s longtime secretary, who said the archdiocese was aware of allegations that Doherty had been engaging in inappropriate relationships with young boys.

Despite the many civil suits filed against him, this will be the first criminal punishment for Doherty as a result of the accusations.

In most cases, criminal charges could not be filed because the statute of limitations had passed for alleged events.

However, several civil cases involving him have been settled out of court. The first case that went to a jury ended with a $100 million award to the victim.

On Monday, Doherty, 69, pled no contest to charges including lewd or lascivious molestation, lewd acts in the presence of a child and sexual battery on a victim younger than 12, court records show.

Doherty spent three decades serving in Broward and Miami-Dade parishes, including time as the archdiocese’s director of vocations.

Doherty continued to serve as a priest until he was placed on administrative leave in 2002.





Read More..

Lena Dunham Thanks Chad Lowe at Golden Globes

Upon her show Girls winning a Golden Globe for Best Comedy, Lena Dunham took the stage and said she "promised" she'd thank actor Chad Lowe, but why?

The funny girl is referring to the infamous Academy Awards moment in 2000 when Lowe's then wife Hilary Swank forgot to thank him upon winning for Boys Don't Cry.

Dunham, 26, had won for Best Actress earlier in the evening but had declined to mention the Pretty Little Liars actor. Lowe, 44, tweeted following the actress' first acceptance speech, writing: "You forgot to thank me?! After all we've been through? I'm shocked."

She quickly fixed her mistake with her second win, telling the crowd, "I also promised myself that if I ever got this chance I would thank Chad Lowe. I'm sorry, I just promised and I promised my mom."

Lowe's name quickly became a Twitter trend with the actor responding: "Now that I'm trending worldwide (finally) does that mean I don't have to give my daughters a bath or change their diapers anymore?"

Read More..

RIM says 15,000 BlackBerry 10 apps submitted in under two days









Title Post: RIM says 15,000 BlackBerry 10 apps submitted in under two days
Url Post: http://www.news.fluser.com/rim-says-15000-blackberry-10-apps-submitted-in-under-two-days/
Link To Post : RIM says 15,000 BlackBerry 10 apps submitted in under two days
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Apple slashes iPhone 5 part orders after weak demand: report








Apple's shine is fading when it comes to iPhones.

The tech giant has slashed orders for iPhone 5 parts after weaker-than-expected demand and growing popularity of Android products, according to a new report.

Citing sources familiar with the situation, the Wall Street Journal reported Monday that first quarter orders for iPhone 5 screens were roughly half of what Apple previously planned to order.

Orders for components other than screens were also cut.

Apple’s stock price dropped $17.45 or 3.4 percent to $502.85 in premarket trading Monday and the news comes as the company has been facing increased competition from Samsung and other makers of smartphones that run Google’s Android operating system.





Reuters



An Apple iPhone 5 is displayed in an Apple store.





The iPhone has dominated the smartphone market after its much-anticipated release in 2007. But South Korea's Samsung, which sells Android-based models at various price points, has already overtaken the US company as the world's largest smartphone vendor by market share.

Google says more than 500 million Android devices have been activated since the software's release four years ago. By comparison, Apple had sold about 271 million iPhones through last September.

Some analysts suggest Apple may have made large orders in the October-December quarter due to fears of manufacturing difficulties. But Citigroup, which lowered its rating for Apple to Neutral from Buy, said “good not great” demand is likely behind the order cuts.

Previous reports suggest Apple may make a cheaper iPhone to wrestle market share back from Samsung.

Apple has not responded to requests for comment this morning.

Information from the Associated Press was used in this report










Read More..