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Oct 27, 2014

RT America News Video - October 27, 2014: Revealed: Hitler's California dream home.



Revealed: Hitler's California dream home

Published on Oct 27, 2014
If Germany had won World War II, Adolf Hitler may have put down roots in the hills of southern California. In the Santa Monica Mountains, a wealthy pair of Nazi sympathizers built a massive complex that would have acted as a California dream home for the murderous dictator had he conquered the US. RT’s Lindsay France heads to the site of the degrading yet still standing compound to get a firsthand look.

RT Video News - October 17, 2014: 'Many factors must be considered to determine how MH17 was brought down'.


'Many factors must be considered to determine how MH17 was brought down'

Published on Oct 27, 2014
The chief Dutch prosecutor investigating the MH17 downing in eastern Ukraine does not exclude the possibility that the aircraft might have been shot down from air, Der Spiegel reported. RT talks to Richard Bloom, an expert on aviation security. READ MORE:http://on.rt.com/83ne86

Reuters Technology Report - October 27, 2014:Twitter forecasts soft fourth-quarter revenue, shares slide.



Twitter forecasts soft fourth-quarter revenue, shares slide
SAN FRANCISCO (Reuters) - Twitter Inc's quarterly revenue surpassed expectations but it forecast fourth-quarter sales that may miss targets, sending its shares more than 8 percent lower.

Exclusive: Amazon buys comedy service Rooftop Media to expand digital content
NEW YORK (Reuters) - Amazon.com Inc is buying online comedy service Rooftop Media, a small deal that underscores the Internet retailer's broader ambition of becoming a media and entertainment powerhouse.

Rite Aid becomes latest retailer to shut off Apple Pay
CHICAGO (Reuters) - U.S. drugstore chain Rite Aid Corp will ban Apple Inc's new electronic payments service in its 4,572 stores as it commits to joining a consortium of other large retailers developing a rival payments system.

Schwab to offer free 'robo-advice' plan in first quarter 2015
NEW YORK (Reuters) - Charles Schwab Corp confirmed on Monday that it will introduce free automated investment plans picked by computer algorithms in the first quarter of 2015.

Finding hidden gems in cities and countries with new apps
TORONTO (Reuters) - News apps are helping users share information about sights and hidden gems in cities and countries around the globe so other people can benefit from their knowledge.

Seagate profit, revenue beat Street on PC, cloud demand
(Reuters) - Hard-disk drive maker Seagate Technology Plc's quarterly profit and revenue beat the average analyst estimate as demand increased for its personal computer and cloud storage products.

GATA | THE GATA DIASPATCH - October 27, 2014: 2 Articles: Recovery impossible within the current monetary system, Embry tells KWN | Australian scholar says futures markets suppress commodity prices, keep producing nations poor.

Recovery impossible within the current monetary system, Embry tells KWN

Submitted by cpowell on Monday, October 27, 2014. 
Monday, October 27, 2014
Incomprehensible debt, derivatives, and algorithmic trading in financial instruments have made a worldwide economic recovery impossible within the current monetary system, Sprott Asset Management's John Embry tells King World News today:
_____________________________________________________________________________________________

Australian scholar says futures markets suppress commodity prices, keep producing nations poor


Submitted by cpowell on  Monday, October 27, 2014. 
 Monday, October 27, 2014
Fourteen years ago the British economist Peter Warburton wrote that Western central banks were using the futures and derivatives markets and intermediary investment banks to control commodity prices --
-- giving rise to the adage: "The futures markets aren't manipulated. The futures markets are the manipulation."
Today MineWeb's Lawrence Williams interviews a mathematician and former stockbroker who holds a doctorate in math from the University of Melbourne, Australia, Fraser Murrell --
-- and who emphatically concurs, describing the futures markets as the mechanism by which the financially sophisticated West loots the developing world, which is dependent for its livelihood on the production of natural resources. The Western countries sustaining these futures markets, Murrell argues, thereby perpetuate poverty in the developing countries.
Of course this has been GATA's complaint for many years, but nobody at GATA has a Ph.D., just tinfoil hats.
Williams' interview with Murrell is headlined "Futures Markets Keep Precious Metals Prices Depressed" and it's posted at MineWeb here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

U.S. Department of Commerce Press Release: U.S. Commerce Secretary Penny Pritzker and PAGE Ambassadors to Attend Global Entrepreneurship Summit in Morocco.

Press Release
10/27/2014 04:15 PM EDT

FOR IMMEDIATE RELEASE
Monday, October 27, 2014
News Media Contact:
Office of Public Affairs, 202-482-4883


U.S. Secretary of Commerce Penny Pritzker will attend the Global Entrepreneurship Summit (GES), which will take place November 19-21 in Marrakech, Morocco to demonstrate the U.S. government’s continued commitment to fostering entrepreneurship around the world. On November 19, her activities will focus specifically on Women’s Entrepreneurship Day. This year’s summit marks the fifth annual gathering of entrepreneurs at all stages of business development, business leaders, mentors, and high-level government officials.
“As the Administration’s point person on entrepreneurship, I am very pleased to be attending the Global Entrepreneurship Summit for the second year in a row. This year’s GES represents an opportunity to build on the energy of dynamic entrepreneurs from around the world, and to leverage their talent and spirit to deepen ties between governments, businesses, foundations, universities, and innovators,” said Secretary Pritzker. “Let’s use this Summit as a call to action—for entrepreneurs, ecosystem builders, and policy-makers to forge sustainable networks, share best practices, create pro-innovation policies and demonstrate the power of entrepreneurship to grow local, regional, and global economies.”
Entrepreneurship is key to unlocking economic growth and creating jobs, and the U.S. government leads numerous programs and initiatives to improve enabling environments and to make tools and networks available to individual entrepreneurs. At last year’s GES in Malaysia, President Obama asked Secretary Pritzker to chair the Presidential Ambassadors for Global Entrepreneurship (PAGE) initiative, and she was happy to assume her role as the Administration’s point person on entrepreneurship. In April, Secretary Pritzker chaired the first PAGE meeting, bringing together a group of America’s most inspiring innovators to serve as ambassadors for global entrepreneurship.
Six months later, Secretary Pritzker has arranged PAGE-related events on four continents since the program’s launch, and the PAGE initiative continues to gain momentum, with PAGE members actively engaged in promoting innovation here at home and abroad. The following PAGE members will join Secretary Pritzker in Morocco to serve as entrepreneurship ambassadors and to share their knowledge and experience to help develop the next generation of entrepreneurs around the world:
  • Daphne Koller, Co-Founder and President, Coursera
  • Hamdi Ulukaya, Founder and CEO, Chobani
  • Alexa von Tobel, Founder and CEO, LearnVest
“We at Coursera see education as an incredibly powerful tool, capable of inspiring creativity and resourcefulness, building human capital and equipping people to take on today's and tomorrow's issues,” said Daphne Koller, co-founder and president of Coursera. "I'm delighted to join others in advancing skills and support to encourage entrepreneurship.”
“Entrepreneurship is a powerful force for creating value and doing good in our world,” said Hamdi Ulukaya, founder and CEO of Chobani. "I’m honored and excited to represent the United States as a member of PAGE at a summit dedicated to encouraging entrepreneurs worldwide to pursue their passions.”
“I am honored to represent the United States as a member of PAGE at the Global Entrepreneurship Summit,” said Alexa von Tobel, founder and CEO of LearnVest. “I firmly believe in the power of technology to drive innovation on a global scale, and I know this is an incredible opportunity to both share what we have built at LearnVest and to learn from the wealth of knowledge at the Summit.”
The theme of the Summit, “Harnessing the Power of Technology for Innovation and Entrepreneurship,” highlights the impact of technology on modern entrepreneurship. The Summit will also be a space for entrepreneurs to network one-on-one with each other and with established businesses, and will provide a chance to hear from those who have traveled the path before them.
Watch Secretary Pritzker’s video message on the Global Entrepreneurship Summit here.

NYT Video - October 27, 2014: Inside the Ebola Ward.

The Times Video
Monday, October 27, 2014

Ebola Outbreak

Workers at the International Medical Corps treatment center in Suakoko, Liberia, use faith, hard work and caution as they face a stream of sick people in this remote hilltop east of Monrovia.
VideoIconWatch »
Testing out the Hendo Hoverboard, which was developed by a couple in Los Gatos, Calif.

Technology

Ever since Marty McFly rode a hoverboard in 1989's "Back to The Future II," people have been dreaming of making the floating device a reality. Now, a California start-up says it has it figured out.
VideoIconWatch »

Opinion - Op-Docs

At one of California's most notorious prisons, baseball teams take the field.
VideoIconWatch »

Living City

Two years after Hurricane Sandy flooded tunnels and the subway system, New York's infrastructure is still recovering.
VideoIconWatch »

DealBook P.M. Edition - October 27, 2014: White Collar Watch: The Debate Over Wall St. Enforcement.

MONDAY, OCTOBER 27, 2014
TOP STORY
A police officer watched protestors in New York in September.
White Collar Watch: The Debate Over Wall St. Enforcement One side threatens to crack down harder; the other side complains about too much enforcement. The question is whether there will ever be an equilibrium where both sides are satisfied.
  • DEALBOOK »
  • DEALBOOK HIGHLIGHTS
    Results of Stress Tests Don't Guarantee Better Economic Health for Eurozone While the vast majority of banks in the eurozone are solid enough to survive a crisis, only a minority are in a position to increase lending and help the eurozone avoid slipping back into recession.
    Protestors at the headquarters of Liberbank in Oviedo, Spain, in 2013.
    For Spanish Lenders, What a Difference Two Years Make Spanish officials welcomed the results of European stress tests, which indicated that the country's banking sector had returned to good health after it was close to collapse in 2012.
    An oil rig in Tioga, N.D.
    Warburg Pincus Raises $4 Billion for First Energy Fund The private equity firm said the final amount raised for the fund was $1 billion higher than the initial goal, indicating robust interest in the energy sector among investors.
    Carsten Kengeter served as co-C.E.O. and later chairman and C.E.O. of UBS's investment bank from 2009 to 2012.
    Former UBS Investment Banking Head to Lead Deutsche Börse Carsten Kengeter will join the Deutsche Börse's executive board in April 2015 and succeed Reto Francioni as chief executive in June.
    Chiquita Brands International and the Brazilian group Cutrale-Safra announced on Monday that they had reached a merger agreement.
    Chiquita and Brazilian Group Announce Takeover Deal for Banana Producer The deal with the Cutrale Group and the Safra Group was widely expected after Chiquita shareholders rejected the company's acquisition of Fyffes of Ireland, a produce distributor.
    Reuters Breakingviews: Chiquita Shareholders Choose the Safer Option Time, writes Jeffrey Goldfarb of Reuters Breakingviews, can work against mergers just as it does perishable produce.
    J. Michael Pearson, left, Valeant's chief executive, and William A. Ackman of the hedge fund Pershing Square Capital Management.
    Valeant Ready to Raise Offer for Botox Maker Allergan While Valeant stopped short of announcing a new mix of cash and stock, it said it was "prepared to improve its offer and provide value to your shareholders of at least $200 a share."
    LOOKING AHEAD
    Facebook Makes Quarterly Report Facebook will report its results on Tuesday, with Wall Street expecting another gangbusters quarter.
    Eurozone to Provide Data on Inflation and Jobs Markets will be keyed to the release on Friday of Eurostat's first estimate of October inflation in the 18-nation eurozone, along with its September employment data. With demand too weak to create inflationary pressures and the price of oil slipping, the region is at risk of sliding into outright deflation, complicating the policy choices of the European Central Bank.
    Fed Likely to Discontinue Bond-Buying Stimulus The Federal Reserve is likely to announce the end of its latest bond-buying campaign on Wednesday, after a two-day meeting of its policy-making committee. Fed officials say the program, begun in the fall of 2012, has succeeded in increasing job growth. The Fed also may update its plans for short-term interest rates, which it has held near zero since late 2008, to emphasize that the timing of a first increase depends on the strength of the economy. Most Fed officials forecast that the first increase will come around the middle of next year.
    Positive Expectations for Third-Quarter G.D.P. On Thursday, the Commerce Department will release its report on the gross domestic product for the third quarter. No one expects a repeat of the second quarter's impressive 4.6 percent annualized growth rate, but several economists sounded a positive note with estimates hovering around the 3 percent mark. Forecasters sounded confident that consumer spending would remain fairly strong and, despite the stock market's recent somersaults, keep the American economy growing through the end of the year.

WSJ | Biggest Gainers Closing on October 27, 2014.

Biggest Gainers Closing
Biggest Gainers
4:46 pm ET 10/27/2014
NYSE
ISSUEVOLUMEPRICECHG% CHG
Accuride (ACW)351,654$4.660.388.88
Heritage Insurance Holdings (HRTG)57,96117.001.187.46
Build-A-Bear Workshop (BBW)450,89716.551.066.84
DRDGOLD ADS (DRD)110,3793.150.206.78
JMP Group (JMP)1,435,9766.780.436.77
Trex (TREX)1,017,06939.162.386.47
BLYTH (BTH)95,0888.530.496.09
NQ Mobile ADS (NQ)16,897,4969.460.525.82
EPAM Systems (EPAM)1,265,34646.912.555.75
First Marblehead (FMD)11,4032.560.124.92
Imperva (IMPV)671,88132.921.524.84
CBIZ Inc (CBZ)484,4248.900.414.83
Ashford Hospitality Prime (AHP)117,51116.810.764.74
HHGregg (HGG)303,8756.650.304.72
RingCentral Cl A (RNG)480,54811.770.524.62
Marcus&Millichap (MMI)69,84229.491.294.57
BioAmber (BIOA)53,2289.220.404.54
Lannett (LCI)781,97951.462.144.34
United Continental Holdings (UAL)10,236,42351.732.114.25
CHC Group (HELI)54,1005.270.214.15
Matson (MATX)185,58327.521.013.81
Juniper Networks (JNPR)13,233,61419.720.723.79
Woori Finance Holdings ADS (WF)2,12934.521.193.57
Intrexon (XON)283,69121.180.733.57
Tennant (TNC)88,82468.842.373.57
 
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