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May 29, 2014

FTC | Public Requests - May 29, 2014: Requests Public Comments on Amended Applications by Fidelity National Financial Inc. for Approval to Divest Oregon Title Plant Assets.

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The Federal Trade Commission is now accepting public comments on two amended applications by Fidelity National Financial Inc. [Amerititle | Old Republic] to sell Oregon real estate title plant assets, as required by the FTC order settling charges that Fidelity’s acquisition of Lender Processing Services, Inc. (LPS) was likely to harm competition.
On April 24, 2014, Fidelity filed an application seeking approval to divest title plants in six Oregon counties to AmeriTitle, Inc. and a second application seeking approval to divest its interest in the Portland title plant to Old Republic Title Company of Oregon to comply with the FTC’s order. Fidelity has now filed an amended application seeking approval to divest title plants in five Oregon counties to AmeriTitle, excluding the title plant in Polk County; and filed a second amended application seeking approval to divest the Polk County title plant to Old Republic instead of AmeriTitle.
In light of the amended applications received, the FTC has extended the public comment period by two weeks, until June 12, 2014. Written comments should be sent to: FTC Office of the Secretary, 600 Pennsylvania Ave., N.W., Washington, DC 20580. Comments can also be submitted electronically on the proposed sale to both Old Republic Title Company of Oregon and AmeriTitle. Copies of the original and amended applications can be found on the FTC’s website and as a link to this press release. (FTC File No. 131-0159; the staff contact is Naomi Licker, Bureau of Competition, 202-326-2851)
The FTC’s Bureau of Competition works with the Bureau of Economics to investigate alleged anticompetitive business practices and, when appropriate, recommends that the Commission take law enforcement action. To inform the Bureau about particular business practices, call 202-326-3300, send an e-mail to antitrust{at}ftc{dot}gov, or write to the Office of Policy and Coordination, Bureau of Competition, Federal Trade Commission, 601 New Jersey Ave., N.W., Room 7117, Washington, DC 20001. To learn more about the Bureau of Competition, read Competition Counts. Like the FTC on Facebook, follow us on Twitter, and subscribe to press releases for the latest FTC news and resources.

Contact Information

MEDIA CONTACT:            
Mitchell J. Katz,
Office of Public Affairs
202-326-2161
More news from the FTC >>

YouTube I Al Jazeera English has uploaded Separatists shoot down helicopter in Ukraine and 4 other videos



Al Jazeera English has uploaded Separatists shoot down helicopter in Ukraine and 4 other videos
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Al Jazeera English





Sisi elected Egypt president by landslide

Al Jazeera English





The Stream Leads - 05-29-14

Al Jazeera English





Social sisters

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The Stream Leads 05-29-14

Al Jazeera English

Bloomberg | The Market Now - May 29, 2014: The $15 an Hour Minimum Wage Is Coming | Google Engineers Explain the Driverless Car | Investing in Bordeaux.

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THE MARKET NOW

May 29, 2014 For more, visit Bloomberg.com/markets >>

U.S. Economy Shrinks for First Time Since 2011
May be a temporrary setback as inventories  get re-stocked

Treasury_thumbnail
IBM Challenger Inspur Woos China Customers Amid Espionage Dispute
Unveils "IBM to Inspur" initiative

servers
Bitcoin Grabs Dutch Fancy as Bankers Mull New Technology
Dutch banks see new customers where others are reluctant to do business

00bitcoin
Wine Investment Fund Sees Value in Mature Bordeaux Vintages
A three-year slump may have left Bordeaux first growths underpriced

vineyard
Read more news at Bloomberg.com >>

Higher Pay Builds Demand in China. Why Not Seattle, Too?
by Mark Gimein
A majority of Seattle's city council today backed raising the minimum wage to $15 an hour, as Bloomberg's Peter Robison reports. This has been expected for a while but we can still cue the angry talking heads as opponents of minimum wage increases line up to argue that this is an apocalypse for Seattle jobs.
The argument about what effect this will have on employment can go on endlessly. Seattle's increase, from Washington State's current $9.32 an hour, will at least apportion some facts. Though those facts won't emerge especially fast: The increase takes effect in stages, only reaching the much-discussed $15 an hour in 2021.MinWage 
TMN doesn't really have a position on whether in the long-run this will be jobs-destroying or (if it leads to more money in the hands of low wage workers) jobs-creating. Raising wages has some potential to cut jobs. But let's face it, that argument can be used against any minimum wage, whether $15 an hour or $2 an hour.
Despite opponents' claims, wage increases of this magnitude are by no means unprecedented. Fast growing economies see increases of this scale all the time. According to China's official statistics (from the Bloomberg terminal,  no link -- but you can see some older stats here , which tell a similar story) private-sector manufacturing wages in China increased 16 percent in 2010, 20 percent in 2011, and 17 percent in 2012. That's 63 percent in three years, a bigger increase than Seattle will see in six.
Obviously, that's driven by an intense shortage of labor; there are plenty of differences between China and Seattle. What's worth bringing out here is that no one thinks the Chinese economy would grow even faster if it could put a lid on wages. On the contrary, the conventional thinking on China is that growth is constrained by a lack of demand from local consumers. The faster China can build its middle class, the faster it grows. That's not a controversial view of China's economy. It seems to TMN that it's a perfectly reasonable view of the Seattle economy, too.


Bloomberg Businessweek Pickettymania, or Why America Has Wealth Inequality Fever

VIDEO
google-car-vid
Google's Driverless Car Learning Brain Behaviors
Chris Urmson, project leader for Google's driverless car project, and Ron Medford, director of safety for the project, discuss the self-driving prototype. Watch the video>>

Bloomberg | The Market Now - May 29, 2014: The $15 an Hour Minimum Wage Is Coming | Google Engineers Explain the Driverless Car | Investing in Bordeaux.

bb-logo
THE MARKET NOW

May 29, 2014 For more, visit Bloomberg.com/markets >>

U.S. Economy Shrinks for First Time Since 2011
May be a temporrary setback as inventories  get re-stocked

Treasury_thumbnail
IBM Challenger Inspur Woos China Customers Amid Espionage Dispute
Unveils "IBM to Inspur" initiative

servers
Bitcoin Grabs Dutch Fancy as Bankers Mull New Technology
Dutch banks see new customers where others are reluctant to do business

00bitcoin
Wine Investment Fund Sees Value in Mature Bordeaux Vintages
A three-year slump may have left Bordeaux first growths underpriced

vineyard
Read more news at Bloomberg.com >>

Higher Pay Builds Demand in China. Why Not Seattle, Too?
by Mark Gimein
A majority of Seattle's city council today backed raising the minimum wage to $15 an hour, as Bloomberg's Peter Robison reports. This has been expected for a while but we can still cue the angry talking heads as opponents of minimum wage increases line up to argue that this is an apocalypse for Seattle jobs.
The argument about what effect this will have on employment can go on endlessly. Seattle's increase, from Washington State's current $9.32 an hour, will at least apportion some facts. Though those facts won't emerge especially fast: The increase takes effect in stages, only reaching the much-discussed $15 an hour in 2021.MinWage 
TMN doesn't really have a position on whether in the long-run this will be jobs-destroying or (if it leads to more money in the hands of low wage workers) jobs-creating. Raising wages has some potential to cut jobs. But let's face it, that argument can be used against any minimum wage, whether $15 an hour or $2 an hour.
Despite opponents' claims, wage increases of this magnitude are by no means unprecedented. Fast growing economies see increases of this scale all the time. According to China's official statistics (from the Bloomberg terminal,  no link -- but you can see some older stats here , which tell a similar story) private-sector manufacturing wages in China increased 16 percent in 2010, 20 percent in 2011, and 17 percent in 2012. That's 63 percent in three years, a bigger increase than Seattle will see in six.
Obviously, that's driven by an intense shortage of labor; there are plenty of differences between China and Seattle. What's worth bringing out here is that no one thinks the Chinese economy would grow even faster if it could put a lid on wages. On the contrary, the conventional thinking on China is that growth is constrained by a lack of demand from local consumers. The faster China can build its middle class, the faster it grows. That's not a controversial view of China's economy. It seems to TMN that it's a perfectly reasonable view of the Seattle economy, too.


Bloomberg Businessweek Pickettymania, or Why America Has Wealth Inequality Fever

VIDEO
google-car-vid
Google's Driverless Car Learning Brain Behaviors
Chris Urmson, project leader for Google's driverless car project, and Ron Medford, director of safety for the project, discuss the self-driving prototype. Watch the video>>

YouTube | VOAvideo has uploaded Health Concerns Push Sedentary Office Workers to Their Feet.




VOAvideo has uploaded Health Concerns Push Sedentary Office Workers to Their Feet





VOAvideo

We spend far too much time each day sitting. Whether it's on the couch watching TV, at our computers or just driving to work, new research indicates that sitting is bad for our health. But the cure is easy. As VOA's Rosanne Skirble reports, what will make you feel better and be more productive is to simply stand up and put a few new steps into your day.

YouTube | Al Jazeera English has uploaded Venezuela cash crunch hits airliners hard and 3 other videos.





Al Jazeera English has uploaded Venezuela cash crunch hits airliners hard and 3 other videos
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Venezuela cash crunch hits airliners hard

Al Jazeera English





News Bulletin - 20:30 GMT update

Al Jazeera English





Turkey's top court rejects YouTube ban

Al Jazeera English





Will Sisi victory give him credibility?

Al Jazeera English

NYT | The Learning Network - May 29, 2014: Maya Angelou and More.

The New York Times

May 29, 2014

The Learning Network


Lesson Plans

Images from our Text-to-Text pairings, which included excerpts from Dr. Martin Luther King Jr.'s

What Did You Think of Our Text-to-Text Lessons?

By MICHAEL GONCHAR and KATHERINE SCHULTEN
We list this school year's Text-to-Text lessons by subject matter for easy access, and ask you for suggestions on what texts you would like to see paired for next year.

Teaching Maya Angelou With New York Times

By KATHERINE SCHULTEN
We offer a few teaching ideas and resources from The Times and around the Web for appreciating the work of Ms. Angelou, the writer, actress and activist many called the "people's poet."

Weekly News Quiz | May 19-27, 2014

By KATHERINE SCHULTEN and MICHAEL GONCHAR
See how much you know about the 10 news stories in this quiz. To find the answers, click each blank and you'll be taken to the original Times article from which the excerpt came.
Go to related blog post »

Celebrating Memorial Day and Looking Ahead

By KATHERINE SCHULTEN
In honor of the holiday, we'll be off on Monday, May 26, but here are a few resources for teaching and learning about Memorial Day, as well as information about the next few weeks on our blog.
Barnard College graduates listened to President Barack Obama deliver their commencement address on May 14, 2012.

Commencement 2014 | Things to Read, Watch, Debate, Teach and Learn

By KATHERINE SCHULTEN
Four quick activities, along with links to Times articles going back to 1901, as well as interactive graphics, videos, lesson plans and more.

Student Opinion Questions

From top left, clockwise: Shailene Woodley said she was not a feminist; Taylor Swift also distances herself; Lena Dunham said she was a feminist; and Beyoncé found her own path. Related Article

Do You Consider Yourself a Feminist?

By KATHERINE SCHULTEN
What is your reaction to the word "feminist"? How would you define it? Have you heard of the "I need feminism because…" campaign?
Related Article

Do You Think You Will Have a Career That You Love?

By MICHAEL GONCHAR
Is that the most important quality you'll look for in a job?
Related Article

How Has Exercise Changed Your Health, Your Body or Your Life?

By SHANNON DOYNE
What benefits does physical exercise offer?
Related Article

Can Students at Your School Talk Openly About Their Mental Health Issues?

By MICHAEL GONCHAR
Is depression still a taboo subject?
Red velvet cake.  Related Recipe

What Would You Most Like to Learn to Cook or Bake?

By KATHERINE SCHULTEN
The New York Times has just developed a new cooking site through which you can search 15,000+ recipes and watch "learn to cook" videos. What would you most like to learn to make? Why?
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