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10 Dec 2016 
The recent heart-pumping stock rally, Jamie Dimon, the chief executive of JP Morgan Chase, said at an investment conference this week, is based upon the hope, which I hope is accurate, that the Trump administration will be very good for unleashed business per se, and may improve overall growth.

Continue reading the main storyMr. Dimon and a raft of other Wall Street stalwarts have either joined the new administration or taken on advisory roles, damping down their worries that the bankers-as-boogeymen campaign language would be transformed into action.

But many of the anticipated economic policy changes will generate both winners and losers. New research, for example, has shown that in recent decades the fortunes of Americans at the top of the income ladder have grow much fuller, while those who occupy its lower rungs have been largely left by the wayside. Corporate power has increased at the expense of labors.

The economic field that Mr. Trump and Republican leaders are building could have widely different effects on bankers, business owners and workers, depending on their skill level, industry and location. Possibly even their race or ethnicity, considering the president-elects attacks on immigrants and Muslims.

Samuel J. Wilkof, chief executive of Stark Industrial, a small machine products manufacturer in North Canton, Ohio, said he was acutely aware how differently some policies would affect businesses. Among his customers are environmental controls companies; he wonders what the impact of picking Scott Pruitt, a climate change skeptic, to head the Environmental Protection Agency will have on them.

The months between the election and the inauguration of any new president, particularly one from the opposing party, are always swollen with anticipation. While Trump critics and skeptics brace for their worst, supporters can happily indulge their hopes for the best.

The bitter political divide continues, but its impact on the economic outlook is not as sharp.

With Republicans about to take control of both the White House and Congress, business expects an end to the Washington stalemate and a shift in policies in its direction.

Uncertainty about the regulatory environment and tax policy is what can cause paralysis, said Dan Houston, chief executive of Principal Financial Group, a financial management company headquartered in Des Moines. Just understanding what the ground rules are going to be can make a difference. There seems to be a feeling that theres going to be more clarity in the first half of 2017.

Central Iowa has already been booming with one of the lowest unemployment rates and highest growth rates in the country. But employers have been further buoyed since the election by the belief that imminent tax cuts and fewer regulations will further rev up the economy, Mr. Houston said.

Continue reading the main storyMeanwhile, although the attention to potential Supreme Court nominees has focused on bitterly fought social issues like abortion rights and gay marriage, a more conservative court is also likely to be more pro-business as well, said Larry Sabato, director of the University of Virginia Center for Politics.

If you are a Republican, this is the beginning of a golden age, Mr. Sabato said.

With unemployment falling and wage gains picking up in the last couple of years, Democrats were growing much more upbeat about the economy. Some are now more pessimistic, with Pew showing those who think the economy will get better next year declining to 15 percent from 35 percent. But that drop was not enough to offset the Republican surge.

Is it just two ships passing in the night? Mr. Sabato asked about the sudden enthusiasm about the economy.

Maybe. Historically, Americans have swung behind any newly elected president, with partisan divisions and more realistic expectations resuming after a honeymoon period. In 2008, after President Obamas election, for example, optimism about the economy was even stronger despite the financial collapse of the time.

But Wall Street and business are particularly pumped by the prospect of an end to Washington gridlock. Stephen A. Schwarzman, the chief executive of the private equity giant Blackstone and chairman of Mr. Trumps panel of business experts, said at an investor conference that change was coming.

I anticipate with a pretty high level of confidence that this stuff is going to happen, he said. And this is as big a change happening all at once Ive been in finance for, I dont know, 45 years? This would be the biggest.

Certainly, Mr. Schwarzman is not unbiased, especially in light of his recent advisory appointment. The private equity pioneer is also known for his tendency toward hyperbolic statements, although the fact that his stock price is up 22 percent since the election doesnt hurt.

But it is also true that Blackstone, with its giant portfolio of real estate assets and operating companies that span the world, is closely attuned to the American economys potential to grow.

Continue reading the main storyThe industrial sector is also enthusiastic. Listen to Jay Timmons, president and chief executive of the National Association of Manufacturers: Weve been waiting for a builder and leader like President-elect Trump to take a proactive, hands-on and personal approach to supporting manufacturers in America.

In any case, celebration or despair over next years economy is not only premature, it is also not easily controlled. In fact, most of the seeds for its performance in the near future have already been sown.

Whatever happened in the economy in the last few weeks or months, Mr. Wilkof of Stark Industrial in Ohio said, didnt just happen in the last few weeks or months.

Theres been a steady decline in jobless claims, and the unemployment rolls continue to diminish, he added. I think the economy is not in a bad position now. My hope is that it is going to grow and be strong.

Continue reading the main story
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23 Sep 2016 
This transcript has been automatically generated and may not be 100% accurate.

... we're barreling toward the first presidential debate on Monday night maybe defining event in this presidential campaign ... I've talked here in recent days about Hillary Clinton the fact that over time she's proven to be a pretty good debater in this kind of format ... I think Donald Trump has some advantages to know when the talking today about three of those advantages release potential advantages that he might enjoy having toward this first of May ... first of all he doesn't have to prove that he's a policy expert people don't expect him to be that ... he's more about attitude and about change ... she's one of us to show that she's a policy expert because that's for strength ... he doesn't have to be is well versed in the issues necessarily to show people that that what they see and I'll come to something that they like and that might make that for many sheer for him in some ways ... a second I think that the bar that he needs to clear isn't quite as high in another way as well ... he discusses show that he's acceptable as a president they're a lot of voters who doubt his temperament ... and out with a vacancy Donald Trump ... as president what they really gonna be looking for is a sign that they can be caught me comfortable with him as president doesn't have to do a persuading in that sense of just us to show that he's a plausible president ... that again is not a terribly high bar to clear necessarily ... and third that he is shown in the primary debates he knows how to control the agenda not always the Atlanta get away from them a couple of time in primary debates ... but he does seem to know how to set the tone and set the agenda ... if he can do that on Monday night that work to his advantage ... so ideally a fascinating contrast in styles but Donald Trump has is own particular advantage is ... heading into that ...


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24 Jun 2016 
Researchers have developed a new technology that aims to make the Advanced Laser Interferometer Gravitational-Wave Observatory (LIGO) even more sensitive to gravitational waves - faint ripples in space-time.

The team from Massachusetts Institute of Technology (MIT) and Australian National University report on improvements to what is called a squeezed vacuum source.

Although not part of the original Advanced LIGO design, injecting the new squeezed vacuum source into the LIGO detector could help double its sensitivity.

(Also see: Meet LIGO, the World's Most Sophisticated Science Machines)

This will allow detection of gravitational waves that are far weaker or that originate from farther away than is possible now.

"There are many processes in the universe that are inherently dark; they don't give off light of any colour," said Nergis Mavalvala from MIT Kavli Institute for Astrophysics and Space Research.

"Since many of those processes involve gravity, we want to observe the universe using gravity as a messenger," Mavalvala said in a paper that appeared in the Optica.

Scientists at Advanced LIGO announced the first-ever observation of gravitational waves earlier this year - a century after Albert Einstein predicted their existence in his general theory of relativity.

Studying gravitational waves can reveal important information about cataclysmic astrophysical events involving black holes and neutron stars.

Researchers from the California Institute of Technology and MIT conceived, built, and operate identical Advanced LIGO detectors in Livingston, Louisiana and Hanford, Washington.

Each observatory uses a 2.5-mile-long optical device known as an interferometer to detect gravitational waves coming from distant events, such as the collision of two black holes detected last year.

The researchers are planning to add their new squeezed vacuum source to Advanced LIGO in the next year or so.

Once implemented, it will improve the sensitivity of the gravitational detectors, particularly at the higher frequencies important for understanding the composition of neutron stars.

These extremely dense stars contain the mass of the sun, which has a radius of 700,000 km, within just a 10-km diameter.

Download the Gadgets 360 app for Android and iOS to stay up to date with the latest tech news, product reviews, and exclusive deals on the popular mobiles.

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15 Apr 2016 
Story highlightsProsecutor took second look at evidence in caseRichard Schmack concluded that man convicted is innocentJack McCullough could go free as early as Friday But on Friday, a prosecutor will tell a judge for the third time in as many weeks that McCullough is innocent. He will join McCullough's lawyers in asking Judge James Brady to throw out the conviction. And then the prosecutor, Richard Schmack, will move to dismiss the case, he has said, allowing McCullough to go free.McCullough, now 75, was convicted of murder and sentenced to life in prison in 2012; an Illinois appeals court upheld the conviction last year. But that conviction, Schamck insists, was based on false testimony, improper legal rulings controlling the evidence presented, and a timeline that was tweaked some 50 years after the fact to rule out McCullough's alibi. McCullough has long insisted that he couldn't possibly have abducted and killed the child because he was 40 miles away in Rockford, Illinois, talking to recruiters and trying to enlist in the U.S. Air Force. Schmack, the DeKalb County state's attorney, inherited the case from predecessor Clay Campbell. He took a second look at the evidence as McCullough pushed ahead with a last-ditch appeal. The jailhouse motion, written by hand in neat block letters, said police and prosecutors buried evidence supporting his alibi. Schmack launched a six-month investigation that included a review of some 4,500 pages of documents -- old police and FBI reports, grand jury transcripts, trial transcripts, affidavits for search and arrest warrants, and even CNN's five-part series on the case, "Taken," which raised questions about whether the courtroom reconstruction of history was unfairly one-sided.Schmack concluded that he'd found "clear and convincing evidence" that McCullough had been convicted of a crime he didn't commit. The prosecutor subpoenaed records from AT&T and found that a collect call had indeed been placed at 6:57 p.m. to McCullough's home in Sycamore from a pay phone at the post office in downtown Rockford on on December 3, 1957-- just as McCullough said he had done. Schmack also built a timeline based on the statements of 21 people -- Maria Ridulph's family members, friends, neighbors and passersby -- that confirmed the FBI's original timeline ruling McCullough out as a suspect.Maria Ridulph was taken from a street corner in Sycamore, Illinois, in December 1957.Maria Ridulph was taken from a street corner in Sycamore, Illinois, in December 1957.Maria was taken that day some time between 6:45 and 7 p.m. -- and not as early as 6 p.m., as alleged during McCullough's trial. It would have been impossible for him to have been in two places at once. Schmack's timeline was framed around one indisputable fact: the 6:57 p.m. phone call. And he worked to pin down the last time Maria was seen on the corner of Center Cross Street and Archie Place. She had accepted two piggyback rides from a young man who gave his name as "Johnny," and had retrieved a doll to show him. When playmate Kathy Sigman returned from a quick trip home to fetch her mittens, she said, both Maria and Johnny were gone.Family members and friends recalled in 1957 that they were watching "Cheyenne" and "Name That Tune" -- television shows that began at 6:30 p.m.-- while the girls played outside on the corner. And so, Schmack says, it was impossible that Maria was taken before 6:30. Maria's mother, Frances Ridulph, drove to the Sycamore police station and reported her daughter missing at 8:10 p.m. Some 600 people searched through the night for the girl, and the FBI took over the case the next morning. Maria's body was found 144 days later, under a fallen tree more than 100 miles from Sycamore. McCullough's new lawyers, who are defending him without compensation, initially sought a new trial. They asked for the chance to retry the case with the benefit of all the evidence, including 1957 FBI reports that show he was cleared after his alibi checked out. The FBI reports had been barred from his trial as inadmissible "hearsay." But, as an appeals court found, they could have come in as "ancient documents" because they are more than 20 years old. Still, the appeals court upheld McCullough's murder conviction, saying that the ruling barring the reports was "harmless error" that would not have affected the outcome of the trial. (It reversed the convictions for kidnapping and abduction of an infant because of legal technicalities unrelated to the judge's rulings on the evidence.)But as Friday's hearing approached, McCullough's lawyers also asked for a finding of innocence and his immediate release. They noted in court papers that the request is unopposed. Prosecutor Richard Schmack reviewed the conviction and wants McCullough freed.Prosecutor Richard Schmack reviewed the conviction and wants McCullough freed.In court papers filed earlier this week, Schmack asked Brady to find McCullough "factually innocent." Barring any unforeseen twists -- and this case has been full of them -- McCullough could walk out of the courthouse a free man, once again cloaked in the presumption of innocence, his lawyers say. Chicago attorneys Gabe Fuentes and Shaun Van Horn joined the defense late last month. Earlier this week, they filed their formal appeal, giving it a weighty title: "Amended post-conviction petition demonstrating actual innocence." It relies heavily on Schmack's findings: "Newly discovered evidence has emerged to corroborate his Rockford alibi and to show the falsity of the evidence offered by the state about the time of the abduction in Sycamore," they stated in court filings. "The FBI accurately concluded, following an extensive and thorough investigation in 1957, that Maria Ridulph was abducted near the corner of Center Cross and Archie in Sycamore, Illinois, between 6:45 and 7 p.m. on December 3, 1957." The state's theory that the girl was kidnapped earlier was pure conjecture, McCullough's lawyers insist. "There was not then, nor is there now, a reasonable hypothesis for, or evidence supporting, an earlier time for the abduction" in any of the police and FBI reports from 1957-58. "The FBI accurately concluded in 1957 that it is an absolute physical impossibility for anyone to have placed a collect call from inside this public building in Rockford at 6:57 p.m. and also to have participated in the abduction of Maria Ridulph in Sycamore, and there was nothing incorrect in their conclusion that (McCullough) was not involved." Rather than challenging the assertion, as a prosecutor would in almost any other case, Schmack joined McCullough's lawyers in asking Brady to throw out the conviction. He said he believes McCullough is innocent and won't be seeking to retry him. Instead, his court papers state he will dismiss the case with prejudice, meaning the charges can't be brought again. Charles Ridulph, the slain girl&#39;s brother, explains why he&#39;s requesting a special prosecutor. Charles Ridulph, the slain girl&#39;s brother, explains why he&#39;s requesting a special prosecutor. Charles Ridulph, the slain girl's older brother, filed a last-minute request for a continuance. He said an attorney he recently hired can't be in Sycamore for the hearing. He is seeking appointment of a special prosecutor.Ridulph has accused Schmack of "abandoning" Maria, just as her killer abandoned her in the woods. He has said the prosecutor is acting more like a defense attorney.But McCullough's lawyers, while expressing empathy for Ridulph, insist in court filings that he has no standing under Illinois law to make the special prosecutor request. Special prosecutors are appointed only if a prosecutor has a conflict of interest, either financially or personally. A special prosecutor can't be appointed simply because a victim's family disagrees with the decision, they said. "Despite the understandable grief that Mr. Ridulph feels for the loss of his sister and emotional turmoil that the discovery of Mr. McCullough's innocence has caused him, Petitioner Jack D. McCullough's life and freedom are at stake amid the prosecutor's conclusion of his actual innocence," his lawyers wrote. Brady has indicated that he won't be rushed in his decision since the circumstances surrounding the case are so unusual that there's no legal precedent for him to follow. "I have some obligation to make sure I understand the position of both parties," Brady said at the last court hearing, on April 1. "I don't just have your opinion or your client's opinion, and the state's opinion. I also have the opinion of a trial judge and an appellate court. I think it's premature for me to start commenting on what I think about any of that."
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24 Jan 2016 
HVAC Contractors In NJ may help you acquire your house functioning just as before. What is HVAC? It's what warms you in the winter and cools you in the summer. Are you having issues with your current set-up? Would you like to install something new like an upgrade? To find out more about the situation, check out the advice that can be found below.




Ask for referrals when hiring someone to install your HVAC system. Someone may seem like they know what they are doing, but you cannot simply take their word for it. You should be able to call past customers to get an idea of what to expect from this particular installer.


If you want to know more about efficiently heating or cooling your home, go online and download the ENERGY STAR Guide. It provides information for homeowners to learn more about how they can save money while still keeping their home comfortable all year round, so it is a worthy ready.


Do not be surprised if the HVAC contractor you choose does an evaluation on your home. Any good contractor will spend time looking at the system you currently have and what the needs are for your home. They will also take a look at your duct system and look for air leaks.


Get any agreement with an HVAC contractor in writing. Some contractors try to skip over this charge and step customers a fortune. They cannot go back and change this information if you have a certain price and warranty in writing. If they do, they could have a lawsuit on their hands.


Make sure you have your HVAC system checked at least twice a year. This should be done in Fall and Spring to prepare it for the extreme months. It doesn't matter if your unit seems to be properly working, it is still advisable that you perform maintenance and resolve any potential problems.


The energy efficiency of a unit should be taken into consideration when purchasing a new heating and cooling system. Although you should be concerned about the price of a unit, the efficiency of the unit will save you thousands over the lifetime of the heating and cooling system and should weigh heavily on your buying decision.


To help keep your energy costs down, have your heating and cooling system serviced at least once a year. During your service visit, the serviceman will inspect the unit's motor, oil the unit's moving parts and ensure the unit has proper freon levels. Your unit will last longer this way.


Consider putting a standing fan next to your bed if you want to turn off your air conditioning at night to save money. You can set it to oscillate from your toes to your head, blowing cool air over your body and letting you sleep comfortably all night long.


Preferably twice, per year, though you should have your HVAC system inspected at least once. This visit will include a motor inspection and checking the freon. This will keep you energy comfortable and efficient.


Put a radiant barrier in your attic and what your HVAC performance improve. This mechanism will prevent outside heat from coming in, reducing your energy consumption when cooling. The attic can become another useful living space if it's done right.


Go to people that you ask and know for recommendations when it is time for you to hire an HVAC contractor. People who've had great service are usually willing to tell of it. This can also help you to figure out some names of businesses that you should avoid at all costs.


Try to stay away from HVAC contractors that ask for upfront payments before they are willing to get started on the work they were hired to do. In many cases, this means that they are more concerned about getting paid than they are about making sure the job is done well.


Every year hire someone to give your HVAC unit routine maintenance. This will ensure that it works properly throughout the entire year. It will also allow you to have lower cooling and heating bills. When your HVAC is running properly, it will use the least amount of energy and save you money.


Choose a good HVAC company. You need to find one that has a solid reputation. It's hvac important that it has been around for several years and is backed by a good reputation in customer service. Find one that has trained professionals and qualified technicians to help with all kinds of customer needs. They should be able to handle any HVAC job no matter how simple or complex.


For top efficiency, figure out what direction your home faces. It's possible to block some of the morning sunlight so your home won't become overheated if you strategically place trees. Your AC will work less if there's less heat inside your home.


When dealing with HVAC contractors, make sure that you get everything in writing. While verbal contracts are legal in many places, it is usually very difficult to prove them. Having everything on paper is a great way to make sure that no ons is confused about any aspect of the process.


An HVAC system is expensive. Therefore, you want to make sure that you work with a reputable contractor or company to ensure that you get the most from your investment. Always get references from anyone that you are considering working with, and make sure to follow up on each of those references.


Consider what potential direction your air conditioner's flow will have when choosing where to put it. Buy one that lets the air flow to be redirected so that it is not flowing towards the wall if you're stuck with putting it in a corner.


If the HVAC contractor assumes a "one size fits all" approach to installing your unit, look elsewhere. In order for the system to be right for your home, the contractor needs to come out, find your air ducts, and generally get a feeling for how your home is laid out. If he or she does not do that, move on.


The idea of having to hire an HVAC professional may seem daunting if you don't have the right knowledge. The right knowledge makes the process less daunting, however. Now, hopefully are feeling prepared to get help as soon as you can when you have a problem with your HVAC systems.




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