Thursday, February 2, 2012

Air leak on Russian craft postpones return of space station crew

An air leak discovered on the descent module of a Russian Soyuz spacecraft will likely mean that the next launch to the International Space Station will be delayed by 30 to 45 days, reports?Russian media. ?

The next two launches of crews to the International Space Station will each be postponed by about 45 days, due to an air leak found during testing of the descent module of the Soyuz spacecraft. An official from the Federal Space Agency, Roscosmos, said they will need to build a reserve capsule, and they will confer with NASA ISS program managers on Thursday to clarify the exact launch dates.

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The current mission on the ISS will also likely be extended, with the crew?s departure also about 30-45 days later than the previously scheduled date of March 16. Alexei Krasnov from Roscosmos said the delays should not be a problem because the crew currently on the ISS had initially been assigned an ?unusually short expedition? of 120 days.
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?I think their return and the launch of the next crew (Expedition 31/32) will be pushed back by a month or a month-and-a-half,? he said, quoted by the Russian?RIA Novosti?news agency, adding that the mission that was scheduled for liftoff on June 1 (Expedition 32/33) will also likely be delayed.

As?we reported last week, the Soyuz TMA?04M experienced problems during a test in an altitude test chamber at the Energia Space Rocket Corporation, with a leak in the descent, or re-entry module.

The three ISS crewmembers scheduled to launch for Expedition 31 are Russians Gennady Padakla and Sergei Rivin and NASA astronaut Joseph Acaba, who will be replacing Expedition 30 crewmates Anton Shkaplerov, Anatoli Ivanishin and Dan Burbank, who arrived at the station in November, 2011, and were initially scheduled to return to Earth on March 16. However, since their own launch was delayed, their Soyuz craft does have some margin before exceeding its on-orbit certified life.

The Expedition 32 crew, scheduled to launch on the Soyuz TMA-05M are Suni Williams from NASA, Yuri Malenchenko from Russia, and Akihiko Hoshide from Japan.

Russia now holds the sole ticket for getting cosmonauts and astronauts to the ISS. The Soyuz capsules, along with the Progress re-supply ships had been notorious for their reliability, but since the retirement of the Space Shuttles last summer, the Soyuz program has been hit by several problems the past several months, including the failure and crash of a Progress ship.

Source:?RIA Novosti

This post originally ran in?Universe Today.

Source: http://rss.csmonitor.com/~r/feeds/science/~3/pm3CJJ43Z8M/Air-leak-on-Russian-craft-postpones-return-of-space-station-crew

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Senior Analyst, Strategic Planning, BI & BD Iselin, NJ

Central ?(Iselin, NJ)

Permanent

Consumer Goods

Added on 02/01/2012

About the company
Our client is a global healthcare manufacturer

Job description
The Analyst - Strategic Planning, Business Intelligence and Business Development is responsible for planning and executing analyses that support Business Development and Strategy initiatives. In this capacity, you will assist with our clients strategic planning and business intelligence process, developing and building decision support systems to drive key business development activities as well as tracking internal and external business metrics, including our clients brand performance, industry dynamics and competitive activity. Assist in evaluating potential acquisition opportunities and other business partnerships, including joint ventures ( JV's ), alliances, licensing, and organic growth opportunities.

??The Analyst will operate within a matrix organization structure and report to the Head of Strategic Planning, Business Intelligence, and Business Development.

Who we are looking for
??Bachelors degree in business related field
??MBA highly preferred
??2+ years of strategy experience within a strategy consulting firm or global corporation
??Experience with financial modeling and good understanding of valuation principles, preferred
??Fluent in written and spoken English; fluency in additional languages preferred
??Proficiency in MS Excel spreadsheet modeling and PowerPoint
??Ability to travel both domestically and internationally

What's on offer
Our client is prepared to offer a competitive compensation and comprehensive benefits package

Michael Page Contact
For further info, apply or phone on +1 732-623-4500.
Your application will be sent to Matthew Magliozzo with the reference 1232830.
Reference : UJMT1232830

By submitting your resume you indicate your consent for Michael Page International to process your personal details in relation to potential job vacancies. Your details will be processed in accordance with the Privacy Policy . Michael Page International terms and conditions apply.

Source: https://www.michaelpage.com/job-advert/1232830-senior-analyst-strategic-planning-bi-bd.html?src=RS&utm_medium=RSS&utm_campaign=MichaelPageTools&utm_source=MichaelPageWebsite

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AP Exclusive: US No-Fly list doubles in 1 year (AP)

WASHINGTON ? Even as the Obama administration says it's close to defeating al-Qaida, the size of the government's secret list of suspected terrorists who are banned from flying to or within the United States has more than doubled in the past year, The Associated Press has learned.

The no-fly list jumped from about 10,000 known or suspected terrorists one year ago to about 21,000, according to government figures provided to the AP. Most people on the list are from other countries; about 500 are Americans.

The flood of new names began after the failed Christmas 2009 bombing of a Detroit-bound jetliner. The government lowered the standard for putting people on the list, and then scoured its files for anyone who qualified. The government will not disclose who is on its list or why someone might have been placed on it.

The surge in the size of the no-fly list comes even as the U.S. has killed many senior members of al-Qaida. That's because the government believes the current terror threat extends well beyond the group responsible for the September 2001 attacks.

"Both U.S. intelligence and law enforcement communities and foreign services continue to identify people who want to cause us harm, particularly in the U.S. and particularly as it relates to aviation," Transportation Security Administrator John Pistole said in an interview.

The Nigerian man who pleaded guilty in the Christmas 2009 attack over Detroit, Umar Farouk Abdulmutallab, was listed in a large U.S. intelligence database that includes partial names and relatives of suspected terrorists. That database is a feeder to the broad terror watch list, of which the no-fly list is a component, but only when there is enough information linking the person to terrorism. Officials believe the U.S. had enough information about Abdulmutallab at the time to put him on the broader terror watch list, which would have helped the intelligence community catch him.

The Christmas attack led to significant changes in how the U.S. assembles its watch list. Intelligence agencies across the government reviewed old files to find people who should have been on the government's terror watch list all along, plus those who should be added because of the new standards put in place to close security gaps.

A senior Homeland Security Department official, Caryn Wagner, told senators Tuesday during an oversight hearing, "We have been able to harness the intelligence from the intelligence community to inform our instruments to keep people out at our borders, to make sure that the wrong people are not getting on airplanes at last points of departure and to make sure that people who shouldn't get them are not receiving immigration benefits from the department."

After the Christmas attack, "We learned a lot about the watch-listing process and made strong improvements, which continue to this day," said Timothy Healy, director of the Terrorist Screening Center, which produces the no-fly list.

Among the most significant new standard is that now a person doesn't have to be considered only a threat to aviation to be placed on the no-fly list. People who are considered a broader threat to domestic or international security or who attended a terror training camp also are included, said a U.S. counterterrorism official who spoke on condition of anonymity to discuss sensitive security matters.

As agencies complete the reviews of their files, the pace of growth is expected to slow, the counterterrorism official said.

The American Civil Liberties Union has sued the government on behalf of Americans who believe they're on the no-fly list and have not been able to travel by air for work or to see family.

"The news that the list is growing tells us that more people's rights are being violated," said Nusrat Choudhury, a staff attorney working for the ACLU's national security project. "It's a secret list, and the government puts people on it without any explanation. Citizens have been stranded abroad."

The government will not tell people whether they're on the list or why they're on it, making it impossible for people to defend themselves, Choudhury said. People who complain that they're unfairly on the no-fly list can submit a letter to the Homeland Security Department, but the only way they'll know if they're still on the list is to try to fly again, she said.

While the list is secret, it is subject to continuous review to ensure that the right people are on it and that the ones who shouldn't be on it are removed, said Martin Reardon, former chief of the Terrorist Screening Operations center and now a vice president with the Soufan Group. If a person is nominated to be on the no-fly list, but there is insufficient information to justify it, the Terrorist Screening Center downgrades the person to a different list, he said.

"You can't just say: `Here's a name. Put him on the list.' You've got to have articulable facts," Reardon said.

On average, there are 1,000 changes to the government's watch lists each day, most of which involve adding new information about someone on the list.

The no-fly list has swelled to 20,000 people before, such as in 2004. At the time, people like the late Sen. Ted Kennedy were getting stopped before flying ? causing constant angst and aggravation for innocent travelers. But much has changed since then.

While thousands more people are on the list, instances of travelers being mistaken for terrorists are down significantly since the government ? not the airlines ? became responsible for checking the list, Pistole said. Travelers must now provide their full name, birthdate and gender when purchasing an airline ticket so the government can screen them against the terror watch list.

But with the nature of the terrorism threat, it's not likely that the list will dwindle, even as al-Qaida's core leadership is defeated, Reardon said.

"I would argue that even if (al-Qaida) as we know it ceased to exist as of tomorrow, other terrorist organizations or lone wolves with both the intent and capability of carrying out attacks against the U.S. would fill the void," Reardon said. "The consolidated terrorist watch list exists for that very reason."

Once they are identified and placed on the list, he said, "We have a much greater chance of keeping them from entering the country."

___

Follow Eileen Sullivan on Twitter at (at)esullivanap.

___

AP Interactive: http://hosted.ap.org/interactives/2012/no-fly-list/

Source: http://us.rd.yahoo.com/dailynews/rss/terrorism/*http%3A//news.yahoo.com/s/ap/20120202/ap_on_go_ca_st_pe/us_no_fly_list

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Stocks ramble to end best January in 15 years

By msnbc.com news services

Stocks closed Tuesday mixed, having struggled following a report that U.S. consumer confidence unexpectedly fell in January as more Americans worried about the country's weak job market.

But the day capped the best start for stocks in 15 years.

In what was mostly a slow and steady climb, the Dow Jones industrial average rose 3.4 percent in January and the Standard & Poor's 500 gained 4.4 percent, the best performances for both indexes to open a year since 1997.

Investors were encouraged by modest but welcome improvement in the U.S. economy, including an 8.5 percent unemployment rate, the lowest in almost three years. Corporate profits didn't wow anyone ? except Apple's ? but they were good enough.

"I don't see anything really glamorous or tremendous about the economy or earnings," said Jerry Harris, chief investment strategist at the brokerage Sterne Agee. "But I think they're very acceptable, and things are grinding along."

Key earnings also drove trading Tuesday.

Quarterly profits from drugmakers Pfizer Inc and Eli Lilly & Co both topped expectations. But Pfizer trimmed its 2012 view and Lilly repeated an outlook calling for a drop in 2012 earnings.

RadioShack Corp's stock price plunged?one day after warning of a drop in fourth-quarter profit.

A number of other major companies reported results, including Exxon Mobil Corp, U.S. Steel Corp and United Parcel Service Inc.

The results reflected a mixed picture of corporate strength, continuing a trend this earning season.

Stocks started the session optimistically after Greek Prime Minister Lucas Papademos said he hopes to reach a deal with private creditors over the nation?s debt by the end of the week.

U.S. single-family home prices fell more than expected in November, according to the S&P/Case-Shiller composite index, highlighting a sector that continues to struggle to make a meaningful recovery. Futures moved little after the data.

U.S. stocks fell for much of Monday's session, but an afternoon rally cut losses in a sign of the underlying resilience the market has shown early in the year. The S&P held above the psychologically important 1,300 level after crossing it for the first time in six months earlier in January.

Reuters and Associated Press contributed to this report.

Source: http://bottomline.msnbc.msn.com/_news/2012/01/31/10281705-stocks-close-mixed-after-confidence-data

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Wednesday, February 1, 2012

Sony's Hirai to replace Stringer as CEO in April

FILE - In this Nov. 19, 2009 file photo, Sony Corp. CEO Howard Stringer, left, and Executive Deputy President Kazuo Hirai smile as they show off the company's latest products, e-book "Reader," and a new remote controller for PlayStation 3, respectively, during a press conference in Tokyo. Sony announced on Wednesday Feb. 1, 2012 Kazuo Hirai will replace Howard Stringer as president and chief executive officer effective April 1. (AP Photo/Shizuo Kambayashi, File)

FILE - In this Nov. 19, 2009 file photo, Sony Corp. CEO Howard Stringer, left, and Executive Deputy President Kazuo Hirai smile as they show off the company's latest products, e-book "Reader," and a new remote controller for PlayStation 3, respectively, during a press conference in Tokyo. Sony announced on Wednesday Feb. 1, 2012 Kazuo Hirai will replace Howard Stringer as president and chief executive officer effective April 1. (AP Photo/Shizuo Kambayashi, File)

FILE - In this Nov. 2, 2011 file photo, Sony Deputy President Kazuo Hirai speaks during a press conference in Tokyo. Sony announced on Wednesday Feb. 1, 2012 Kazuo Hirai will replace Howard Stringer as president and chief executive officer effective April 1. (AP Photo/Shizuo Kambayashi, File)

FILE - In this Jan. 27, 2011 file photo, then Sony Computer Entertainment President and CEO Kazuo Hirai shows off a new PlayStation Portable "NGP" at PlayStation Meeting 2011 in Tokyo. Sony announced on Wednesday Feb. 1, 2012 Kazuo Hirai will replace Howard Stringer as president and chief executive officer effective April 1. (AP Photo/Shizuo Kambayashi)

(AP) ? Sony Corp. announced Wednesday that Kazuo Hirai, who leads the company's core consumer products business, will replace Howard Stringer as CEO and president effective April 1, as the electronics and entertainment company desperately tries to engineer a turnaround.

The 51-year-old Hirai, currently executive deputy president, was widely expected to succeed Stringer. The Welsh-born Stringer, one of the few foreigners to lead a major Japanese company, will retain his post as chairman of the board, Sony said in a statement.

In 2009, Hirai, who has also led the company's gaming business in the past, was named as part of a new management team to lead Sony, and Stringer had recommended to the board that Hirai replace him. Hirai, who is fluent in English, will be Sony's youngest CEO.

Sony has been fighting to regain its image as a global leader in gadgets as consumers have increasingly turned to rival offerings such as the iPod and iPhone from Apple Inc., making the Walkman brand a has-been. It has also fallen behind in liquid-crystal displays for TVs to South Korean manufacturer Samsung Electronics Co.

"Kaz is a globally focused executive," Stringer said in a statement. "I believe his tough-mindedness and leadership skills will be of great benefit to the company and its customers in the months and years ahead. I look forward to helping Kaz in every way I can so that succession leads inevitably to success."

The management shuffle came a day before the company was to announce fiscal third-quarter earnings.

Battered by a strong yen and poor sales in its flat-panel TV business, Sony has forecast its fourth straight year of net losses for the fiscal year through March. The company has gone through massive cost cuts and restructuring and is hoping to recover in flat-panel TV, gaming and personal computer businesses.

"The path we must take is clear: to drive the growth of our core electronics businesses ? primarily digital imaging, smart mobile and game; to turn around the television business; and to accelerate the innovation that enables us to create new business domains," Hirai said in a statement.

Sony, which makes about 70 percent of its sales outside Japan, has also been hurt by the strong yen, which erodes overseas earnings.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2012-02-01-AS-Japan-Sony/id-7e7b2f53d62c465d9c101f1d4935922d

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Apple hires Dixons chief to drive global retail (Reuters)

LONDON/SAN FRANCISCO (Reuters) ? Apple Inc has hired Dixons Chief Executive John Browett, who revived the British electronics retailer by emphasizing customer service, to lead the iPad maker's global retail expansion.

Apple chief Tim Cook, making his first high-profile hire since taking the helm of the world's largest technology company, lured the well-regarded industry executive to fill a critical post once held by Ron Johnson, another outsider who left Target Corp to join Apple in 2000.

Johnson resigned from Apple last November to join retailer J.C. Penney Co Inc as chief executive.

Browett, Dixons' CEO since 2007, was previously chief executive of Tesco Plc's successful online shopping site. He will oversee Apple's retail strategy and the expansion of its stores around the world, from the current total of around 300.

The executive, credited with freshening Dixons' image with innovative marketing -- including an advertising campaign featuring Darth Vader -- joins Apple as the Silicon Valley giant eyes markets abroad to sustain its growth.

"An outsider with international experience will help guide Apple's global expansion strategy," said RBC Capital Markets analyst Mike Abramsky. "His experience includes localizing stores for multiple countries."

On Johnson's watch, Apple opened its first retail outlet -- in McLean, Virginia -- in May 2001. It now has a chain of more than 300 stores, which generated an average of $34.1 million each in fiscal 2010 and accounted for 15 percent of the company's net sales.

"(Browett)'s got big shoes to fill," said BGC Partners analyst Colin Gillis. "Ron Johnson drove the Apple store as a customer experience with a positive halo effect for the business."

Wall Street views Apple's stores as an important advantage in competing with rivals Google Inc and Amazon.com Inc as well as other traditional PC makers.

"Our retail stores are all about customer service, and John shares that commitment like no one else we've met," said Cook.

INTERNATIONAL EXPANSION

Apple's retail success is likely to keep growing over the next few quarters as huge numbers of consumers continue to snap up the company's popular iPhones and iPads. Apple sold 37 million iPhones and more than 15 million iPads during the last quarter, and its cash balance swelled to nearly $100 billion by the end of 2011.

Last week, Apple posted quarterly results ahead of market expectations.

Browett's appointment has sparked speculation in some quarters that Apple may be planning a push in its retail operations in Europe, where his expertise is greatest.

But Gillis said that while Browett's international experience is helpful, he did not appear to have the relevant expertise in Apple's key growth markets in Asia.

In October, Best Buy abandoned plans for a chain of European megastores, while Kesa Electricals, Europe's No. 3 player, effectively paid a bidder to take the British money-losing Comet chain off its hands.

Both companies, as well as Home Retail's Argos business, have struggled to compete with Dixons in the UK as Browett revamped stores, focused on more popular megastores and improved product ranges with a mantra of improving the shopping trip for customers.

Shares of Dixons Retail, Europe's second-largest electronics retailer and owner of the Currys and PC World chains in Britain, fell on Tuesday following the news that Browett would leave in April to join the world's leading smartphone maker as senior vice president of retail, based in California.

Dixons, which also runs Elkjop in Nordic countries, UniEuro in Italy and Kotsovolos in Greece, said Sebastian James would succeed Browett.

James, who was instrumental in executing much of Dixons' turnaround plan, is the company's operations director and a former strategy director at mother and baby products retailer Mothercare.

"We understand that the (Dixons) board had already carried out external bench-marking as part of its succession plans, and had decided that internal candidates would provide the best solution," said Investec analyst David Jeary.

Dixons shares, which rose more than 50 percent in the last month after the well-received Christmas trading update, were down 8.7 percent at 13.95 pence. Apple was up 0.25 percent at $454.12 in afternoon Nasdaq trading in New York.

($1 = 0.6377 British pounds)

(Additonal reporting by Yinka Adegoke in New York and Juhi Arora in Bangalore; Editing by Elaine Hardcastle, Chris Wickham and Lisa Von Ahn)

Source: http://us.rd.yahoo.com/dailynews/rss/applecomputer/*http%3A//news.yahoo.com/s/nm/20120131/bs_nm/us_apple

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ICICI Bank profit up 20 pct, bad loans down (AP)

MUMBAI, India ? India's ICICI Bank reported net profit growth of 20 percent Tuesday, as it shed non-performing loans and boosted interest income.

Analysts and policy makers have been watching the asset quality of Indian banks, on worries that high interest rates, policy bottlenecks and slowing economic growth are hampering the ability of borrowers to repay loans and slowing credit growth.

While ICICI Bank ? like other Indian banks ? surprised investors with better than expected data on bad loan exposure during the December quarter, analysts cautioned that things could get worse going forward.

"It's too early to extrapolate this benign trend of loan loss provisions into the next several quarters," said Vijay Sarathi, banking analyst at Nomura India.

India's power sector has been especially hard hit, with delays in building out transmission networks and constraints in access to affordable coal.

The central bank has raised rates 13 times in a row in an effort to beat down inflation. High interest rates are now imperiling loan repayment, especially among small- and medium-sized companies.

Sarathi expects loan loss provisions as a percentage of average assets at Indian banks to rise over the next year, from 70 basis points to 100 to 120 basis points.

Chief executive Chanda Kochhar emphasized that ICICI's lending to India's most troubled sectors is limited.

She said the power sector accounts for 7 percent of ICICI's outstanding loans. The bank, she added, has minimal exposure to small- and medium-sized companies. Cash flows from residential housing loans have been stable, and the bank has not seen any "pain" on account of its commercial real estate loans, she said. Direct exposure to India's aviation sector is not very large, she said.

ICICI earned 17.3 billion rupees ($325 million) in the December quarter, up from 14.4 billion rupees during the year ago quarter.

Net non-performing assets fell 28 percent from a year ago, to 20.8 billion rupees ($392 million). Provisions for bad loans totaled 3.4 billion rupees ($64 million), down 27 percent from a year ago. Net interest income increased 17 percent, to 27.1 billion rupees ($511 million), from a year ago.

Corporate demand drove loan growth up 19 percent from a year ago, Kochhar said.

"Corporate, we have already seen the growth, retail the growth is just about starting," she said.

Domestic lending to Indian companies grew 23 percent, while international loans ? mainly from Indian companies seeking to raise foreign currency loans ? grew 18 percent in constant currency terms. Retail loans grew 8 percent, Kochhar said.

"Even on asset quality, they continued their good performance despite this being a tricky quarter from the macroeconomic environment point of view," said Vaibhav Agrawal, vice president of research for Angel Broking.

He said India's private sector banks have been very conservative on issuing loans over the last six or seven quarters, making their asset quality better than their publicly owned peers, which dominate lending in India.

"Recognizing the difficult environment, they've gone very conservative on lending. That's paying off now," he said.

The stock rose nearly 6 percent on the news in Mumbai trading.

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/ap/20120131/ap_on_bi_ge/as_india_earns_icici_bank

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