Indexes edge up as Fed slowdown fears ebb

NEW YORK (AP) ? Stocks are ending slightly higher after a report of tepid U.S. economic growth raised expectations that the Federal Reserve will continue its stimulus program.

The government lowered its estimate for growth in the first three months of the year to 2.4 percent from 2.5 percent.

Stocks slid last week on concerns that the Fed might slow its bond purchases.

The Dow Jones industrial average rose 21 points to 15,324 Thursday, or 0.1 percent. The Dow was up 95 points in the afternoon, then faded in the last hour.

The Standard & Poor?s 500 rose six to 1,654, or 0.4 percent. The Nasdaq rose 23 points to 3,491.

Three stocks rose for every two that fell on the New York Stock Exchange. Volume was average at 3.5 billion shares.

Source: http://feeds.salon.com/salon/index

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Restoration Hardware Coupon Codes 2013 - WorldTecinfo

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Raiwind revelations: Nawaz picks Ishaq Dar as finance minister ...

Shahba?z invite?s Fazlur Rehman to join govt in Centre, Baloch?istan.

Sartaj Aziz designated adviser to PM on economy and foreign affairs. PHOTO: FILE

ISLAMABAD / LAHORE:?

Nawaz Sharif has officially designated Senator Ishaq Dar as the federal minister for finance and Sartaj Aziz as the adviser to the prime minister on economy and foreign affairs, as the PML-N works towards finalising its cabinet, The Express Tribune has learned.

According to credible sources within the PML-N, Nawaz held a one-on-one meeting with Aziz ? who is also the head of the party?s manifesto committee ? at Raiwind on Thursday, asking him to take up the responsibility of the prime minister?s adviser on economy and foreign affairs. They added that the party?s senior leadership has been informed both of Aziz?s new assignment and Ishaq Dar?s appointment
as finance minister.

The next development regarding the PML-N government?s cabinet will be the designation of the federal minister for foreign affairs, the sources said, adding that Aziz will assist the PML-N chief in making a decision in this regard.

Khawaja Muhammad Asif is reportedly lobbying for the slot of foreign minister, citing his foreign qualifications, command of English and contacts both in Pakistan and overseas as his credentials for the office.

They said the PML-N chief is also contemplating the appointment of a minister of state for foreign affairs. Siddique Khan Kanju had been appointed to the slot by the party in its previous tenure.

But it?s not all smooth sailing as the party is in a bit of a fix when it comes to accommodating two stalwarts from the same district. They are Ahsan Iqbal, who is being pegged to head the Water and Power ministry and Zahid Hamid, who is thought to be the top pick for federal Law Minister. The problem is that both hail from Narowal district, and granting two ministries to people from the same district may lead to criticism from within and without the party.

PML-N invites JUI-F

After snubbing Maulana Fazlur Rehman?s attempts at blocking the PTI in Khyber-Pakhtunhwa,? the PML-N has offered a sop to the JUI-F by inviting it to join its government in the Centre and Balochistan.

Although the PML-N has secured 124 seats in the National Assembly, Shahbaz Sharif made a formal offer in this regard during a meeting with JUI-F chief Fazlur Rehman in Islamabad on Thursday. The JUI-F has only been able to win 10 seats in the National Assembly.

Talking to the media following the meeting, Shahbaz said ?JUI-F has been invited to join the government in the Centre keeping in view the national interest.? ?The challenges faced by the country needed to be addressed jointly,? he maintained, adding that countries are not just run by parties which win the elections, but through proper plans of action. He stressed that Nawaz Sharif wanted all political parties on board to tackle terrorism, corruption and the energy crisis.

According to sources privy to the discussions, during the meeting the JUI-F chief once again stressed that allowing Pakistan Tehreek-e-Insaf to form a government in K-P would be against both parties? interests.

Shahbaz Sharif, however, countered Fazl?s apprehensions saying that denying the PTI?s mandate would give the nation a negative message and hurt both parties? credibility. He, meanwhile, invited Fazl to become a coalition partner in Balochistan as well.

However, Fazl told reporters that no decision regarding the formation of a government in Balochistan had been reached between the parties.

?We have called a party meeting and will take the matter forward after taking everyone?s opinion? We will continue with our mutual cooperation,? he added.

New inductees

Four more independent MNAs joined PML-N after meeting Nawaz Sharif at Raiwind on Thursday. The inductees were Asghar Shah from Bahawalnagar, Dostain Domki from Sibi, Khalid Magsi from Jhal Magsi and Jam Kamal.

?

Published in The Express Tribune, May 17^th, 2013.

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Source: http://tribune.com.pk/story/550558/raiwind-revelations-nawaz-picks-ishaq-dar-as-finance-minister/

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How the Nokia Lumia 925 Stacks Up to the Competition

Confirming yesterday's gorgeous leaked images, Nokia's finally unveiled its newest flagship Windows Phone, the Lumia 925. And just as the photos promised, this latest Lumia incarnation comes to us in a sleek, aluminum-cased beauty of a body. Now that's all good and dandy, but the real test comes with what it's packing under the hood. Can the 925 keep up with the smartphone markets toughest competitors?

Read more...

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/0gvmKvubUR0/how-the-nokia-lumia-925-stacks-up-to-the-competition-505568594

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Taking Stock With Chuck Todd (talking-points-memo)

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Texas plant explosion death toll at 14

WEST, Texas (AP) ? A law enforcement official says two more bodies have been recovered in the wake of the Texas fertilizer plant explosion, bring the death toll from the blast to 14.

Texas Department of Public Safety Sgt. Jason Reyes did not say where the bodies were found but said more information would be provided later Friday.

He says the bodies will be sent to the Dallas County medical examiner's office for identification.

Reyes earlier announced that 12 bodies had been recovered by Friday morning and that search and rescue efforts were ongoing.

Source: http://news.yahoo.com/2-more-bodies-texas-explosion-death-toll-14-212003377.html

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Get a dramatic look at the sun on webcast

NASA / SDO

This full-disk view of the sun was captured by NASA's Solar Dynamics Observatory on April 11, during the strongest solar flare yet seen in 2013.

By Miriam Kramer
Space.com

You can get a new perspective on the sun Thursday, thanks to a special webcast devoted to our closest star.

The online Slooh Space Camera ? which broadcasts footage of the night sky and celestial objects from professional-quality telescopes around the world ? will host a free webcast featuring expert commentary and live views of the sun?at 3 p.m. EDT.

Slooh will be using views from a solar observatory in Arizona, and you can?watch the solar show webcast live here on Space.com. During the show, experts will use the telescope to hunt for solar flares and sunspots, which should be on the rise over the coming months as our star ramps up toward a predicted activity peak later this year.

"The good news is that, sometime this year or next, and probably several times, solar outbursts will be so high that the northern lights?will be seen all the way to the central United States, and maybe even farther south than that," Bob Berman of Astronomy Magazine said in a statement.

"Meantime, almost nothing is more fun than looking at the sun directly through Slooh's solar telescope and watching the violence unfold firsthand," Berman added. "This is what Slooh will be doing (Thursday) ? and, with a panel of commentators, the public is invited to come take a look for themselves."

The sun's activity peak, called solar maximum,?seems to have been somewhat "delayed and prolonged from its usual 11-year cycle," according to officials from Slooh. But the sun has been stirring lately.

The?most powerful solar flare of 2013?erupted from Earth's closest star last week. Although it was only an M-class flare ? which are considerably weaker than the most powerful type, X-class flares ? the solar burp caused a short-lived radio blackout on Earth.

As the sun nears solar maximum for the current cycle, known as Solar Cycle 24, an increased number of solar flares are to be expected, scientists say.

WARNING: NEVER stare directly at the sun with your unaided eyes or through a telescope or binoculars without protection; severe eye damage, including permanent blindness, can result. Astronomers use special solar filters to safely observe the sun.

You can can also follow the solar webcast live via the Slooh Space Camera website here.

Follow Miriam Kramer on Twitter and Google+. Follow us on Twitter, Facebook?and Google+. Original article on?SPACE.com.

Copyright 2013 SPACE.com, a TechMediaNetwork company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://feeds.nbcnews.com/c/35002/f/653377/s/2ae278ff/l/0Lscience0Bnbcnews0N0C0Inews0C20A130C0A40C180C178121280Eget0Ea0Edramatic0Elook0Eat0Ethe0Esun0Eon0Ewebcast0Dlite/story01.htm

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