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Not everything is about the Yankees, but a lot of signings are going to cause more of a reaction among Yankees fans than they will with the team which actually makes the signing. Like this one: Jon Heyman reports that the Diamondbacks have signed Eric Chavez. The deal is one year, $3 million, which seems quite reasonable.
Chavez, who hit .281/.349/.496 in the most action he?d seen since 2006, is a pretty good stopgap/platoon situation for the Dbacks, who (a) still have Chris Johnson; and (b) whose future third baseman, Matt Davidson, is a year or two away. Chavez from the left side and Johnson from the right isn?t that bad.
But it does limit the number of options the Yankees have to fill in for A-Rod at third. Even if not everything is about the Yankees.
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Facebook (FB) announced on Tuesday that it will begin opening Facebook Messenger to consumers who do not have a Facebook account, starting in countries like India and South Africa, and later rolling out the service in the United States and Europe.?This is a belated acknowledgement of a staggering strategic mistake Facebook made two years ago. That is when the messaging app competition was still wide open and giants like Facebook or Google (GOOG) could have entered the competition. WhatsApp, the leading messaging app firm, had just 1 million users as late as December 2009. By the end of 2010, that number had grown to 10 million. Right now, it likely tops 200 million, though there is no current official number
Source: http://news.yahoo.com/obama-twitter-questions-fiscal-cliff-2-p-m-175545391--finance.html
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December 3, 2012 at 10:46 am ? Filed under Interest Rates
The rates that are often charged on payday loans have hit the headlines over the past couple of years as a result of the rising number of people who have turned to these loans due to the financial climate. Many have ended up in spiralling debt as a result of these loans and there have been repeated calls for regulations and for steps to be taken about the high levels of interest charged by payday lenders.
It was reported earlier this week that new regulations had been put into place for the payday loans industry. It has now been revealed that the government is changing the law to enable the interest rates that are charged by payday lenders to be restricted. This will be done by amending the Financial Services Bill to give the Financial Conduct Authority the power to limit the levels of interest charged.
The move is likely to be welcomed by both campaign groups and the rising number of consumers who have been forced to turn to payday loans to tide them over during difficult times. Some payday lenders have been charging in excess of 4,000% APR on loans.
It has been reported that the cap may not be a blanket one but that the Financial Conduct Authority may investigate different loans schemes and then limit the amount of interest being charged. Amendments to the bill are set to be made next week, with Treasury minister Lord Sassoon stating that the FCA needed to ?grasp the nettle? when it came to payday loans and needed to have the power to ensure the cost of borrowing was capped where necessary.
Labour peer Lord Mitchell, who put down the amendment to the bill, described the payday industry as being ?on the fringes of legality? and said that it was an industry that was being run by cowboys. He stated that the changes would help many people who were caught up in a spiral of debt, adding that it would be unscrupulous payday lenders who would lose out.
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Source: http://www.loans4.co.uk/blog/?p=1721
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NASHVILLE, Tenn. (AP) ? Adding offense following a disappointing season, the Boston Red Sox have agreed to a $39 million, three-year contract with catcher Mike Napoli, a person familiar with the deal said.
The agreement is subject to Napoli passing a physical, which will take place later this week, the person said Monday. The person spoke on condition of anonymity because the deal was not yet final.
"Awesome addition to our team!" Red Sox pitcher Jon Lester tweeted.
A 31-year-old who also plays first base, Napoli hit .320 with 30 homers and 75 RBIs as the Texas Rangers won their second straight AL pennant in 2011, then slumped to a .227 average with 24 homers and 56 RBIs this year as he became a first-time All-Star. His on-base percentage dropped from .416 to .343.
Napoli is a .306 career hitter at Fenway Park (19 for 62) with seven homers and 17 RBIs. He is the third free agent this offseason to join the Red Sox following outfielder Jonny Gomes, who got a $10 million, two-year contract, and catcher David Ross, who received a $6.2 million, two-year deal.
"He's a guy who is getting on base, has power, would be a good fit for our ballpark," Red Sox general manager Ben Cherington said, without confirming the agreement. "We like his offense at Fenway. We like the versatility."
The right-handed-hitting Napoli could see most of his playing time at first base because Adrian Gonzalez was traded to the Los Angeles Dodgers in August along with pitcher Josh Beckett and outfielder Carl Crawford.
"We knew when we made the Dodger trade and we moved Gonzalez that we were going to have to try to find a way to replace that offense," Cherington said.
Texas was unwilling to guarantee three seasons for Napoli, who hit .350 with two homers and 10 RBIs in the 2011 World Series against St. Louis.
"They were very upfront with us throughout the process. So not a surprise," Rangers general manager Jon Daniels said. "I'm hesitant to use the word disappointment because ultimately we had a decision to make."
Boston now has four catchers, with Napoli joining Jarrod Saltalamacchia, Ryan Lavarnway and Ross. Saltalamacchia started 95 games behind the plate last season, with Kelly Shoppach getting 42 starts and Lavarnway 25.
The Red Sox could trade one of their catchers, but that might wait until spring training.
"We're pretty comfortable where we are," Cherington said.
Boston still is looking for a left-handed bat and starting pitching. The Mets are discussing whether to trade NL Cy Young Award winner R.A. Dickey, but the price in prospects would be high.
"It's always steep for the better guys, a valuable commodity, so if a team is going to move someone, especially if there's any length of control, they're asking for a lot," Cherington said, "as we would."
Boston is coming off its first last-place finish in two decades, a year when the Red Sox went 69-93 and lost 26 of their last 33 games. Manager Bobby Valentine was fired and replaced by John Farrell.
"You've got to add a lot of wins (from) where we finished to compete in this division," Cherington said. "I think players and agents understand that despite what happened this year, Boston is Boston. We're committed to having a winning team. We have a history of a winning team. We're going to commit resources to the team."
At last year's session in Dallas, Cherington called the winter meetings a "cesspool of information flow and dialogue."
"You go through the cycle once and you're a little bit more comfortable with everything you have to do," he said, "and maybe more aware of the potential pot holes and able to navigate those hopefully."
But he did have some levity. Asked what player he was looking at to play right field, Cherington responded: "Dwight Evans."
NOTES: 3B Pedro Ciriaco, who was playing in the Dominican Winter League, had right shoulder soreness checked out by the Red Sox, and Cherington said it was minor and he should be ready for spring training. ... Boston agreed to minor league contracts with RHP Jose De La Torre, RHP Terry Doyle, OF Mitch Maier, utility man Drew Sutton and RHP Oscar Villarreal.
Source: http://news.yahoo.com/ap-source-napoli-boston-strike-39m-3-deal-191911536--mlb.html
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On the cover photo (from L-R): Ms. Cora Dizon, Head of Commercial Business Development and Strategic Planning, Ayala Land; Ms. Rowena Tomeldan, Head of Commercial Business Operations and Support Services, Ayala Land; Ms. Meean Dy, Vice President and Head of Strategic Landbank Management Group, Ayala Land; Msgr. Domingo Erfe, Sta. Rita de Cascia Parish Church; Mr. Tony Aquino, President, Ayala Land; Hon. Herbert Bautista, Mayor of Quezon City; Atty. Chito Cruz, General Manager, National Housing Authority; Bgy. Kap. Fermin Bilaos and Mr. Dan Abando, President, Makati Development Corporation
Vertis North is the city center of Quezon City. Uniquely located and masterfully planned, Vertis North unifies the city?s resources in an engine of dynamic growth, Vertis North is the nucleus of a uniquely entrepreneurial city.
The North Triangle property on which Vertis North stands spans 45 hectares of prime land, inclusive of TriNoma. It is a location of unparalleled strategic importance, bound by EDSA, Agham Road, and North Avenue. Masterplanned by Ayala Land in a joint venture with the National Housing Authority
P65 billion investment
Ayala Land has been at the forefront of pioneering developments that have emerged as the face of the cities that host them. Today, Ayala Land is bringing this kind of expertise to fore as it breaks ground on Vertis North, a 29-hectare integrated urban development that will rise as Quezon City?s newest city center.
Vertis North will converge a broad range of offices, retail, hotel, and residential development with functionality, convenience, accessibility and urban sustainability within a 10-year timeframe.
Vertis North Ayala Land Project Quezon City News
?Quezon City is fast becoming a center of gravity for economic developments as it works to be at par with international business standards,? says Antonino T. Aquino, President of Ayala Land Inc. ?Ayala Land is investing a total of P65 billion to bring Vertis North into Quezon City to help establish the premier central business district north of Metro Manila.?
Vertis North Ayala Land Project Quezon City
The launch of Phase 1 of Vertis North?a P12 billion investment by Ayala Land?will mark the development of its office, retail, and hotel components within a 7-hectare land area, and is expecting completion in the next three to four years. This initial phase will put up a total gross floor area of 220,000 square meters, including business process outsourcing (BPO) establishments, hotel, and retail shops, while generating close to 200,000 jobs during its entire development phase, 35,000 of which will be filled during the development stage of Phase 1.
Source: http://www.ayalalandrealestate.com/quezon-citys-cbd-ayala-vertis-north-news-update-14/
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Dec. 3, 2012 -- One of the oldest, cheapest, and most widely used diabetes drugs may be a promising new cancer treatment.
In new research from the Mayo Clinic, ovarian cancer patients who took the drug metformin survived longer than patients who did not take it.
The study is just one of dozens under way worldwide examining the drug -- which costs just pennies a pill -- as a treatment for breast, colon, prostate, pancreatic, and ovarian cancers.
?I happen to be very hopeful that metformin will prove to be a useful cancer treatment,? says American Cancer Society chief medical and scientific officer Otis Brawley, MD.
Slideshow: A Visual Guide to Ovarian Cancer
Metformin (also known as Glucophage) has been approved to control blood sugar in the U.S. since the mid-1990s, and it has been used in Europe for more than 50 years.
It is used by millions of people with type 2 diabetes and those at risk for developing the disease.
In the study, Mayo clinic researchers followed 61 women with diabetes taking metformin who also had ovarian cancer, and 178 ovarian cancer patients without diabetes who were not taking the drug.
Even though the metformin-takers and non-takers were matched for age, ovarian cancer stage, and other key variables likely to impact survival, the women who took the drug had improved survival.
After five years, 67% of women who took metformin had not died from ovarian cancer, compared to 47% of women without diabetes who did not take the drug. The researchers also found that among women with diabetes who took insulin or other diabetes drugs, 43% of those taking insulin and 34% of those taking other diabetes drugs had not died from ovarian cancer.
The study was published online today in the journal Cancer.
?The survival difference in the two groups was striking,? says researcher Sanjeev Kumar, MBBS.
William Cliby, MD, agrees. He directs the department of gynecologic surgery at the Mayo Clinic.
While it was not clear if taking the diabetes drug caused the women with diabetes to live longer, Cliby says the data certainly pointed in that direction.
?Every way we looked at this, the metformin group always did better,? he says.
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The researchers say the findings illustrate the need for clinical trials to determine if the diabetes drug really does have a place in the treatment of ovarian cancer.
Until these trials are done, metformin is not likely to be included in the drugs now used by patients with the disease, even though it has been used by tens of millions of people and has a long safety record.
Common side effects include problems such as diarrhea, bloating, gas, and indigestion.
While these complaints are not often serious, Brawley points out that they mimic symptoms commonly associated with ovarian cancer relapse.
?I could easily see a woman having a lot of unnecessary anxiety because she thinks her cancer is back, or her doctor being fooled into ordering a lot of unnecessary diagnostic tests,? he says.
Source: http://www.webmd.com/cancer/news/20121130/diabetes-drug-metformin-cancer?src=RSS_PUBLIC
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