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There’s nothing worse than planning to work out and not being able to find your trainers, or realizing all your kit is dirty, or that your exercise bike is buried under a mound of clothes.
View Original Post : Be organised and prepared for exercise
Greek finance ministers will hold a teleconference with international lenders Tuesday, hoping to show Greece can meet strict budget targets necessary to qualify for emergency funds. But Greece is only one of several troubled European economies. On Monday night, ratings agency Standard & Poor’s cut Italy’s credit rating, citing heavy debt and weak growth.
A two-day Fed policy meeting starts Tuesday. Many investors are hoping for new economic stimulus measures.
View Original Post : US stocks open higher ahead
Taliban gunmen stormed a Pakistani checkpoint in the country’s lawless tribal belt, killing one soldier and sparking clashes in which up to 20 militants died, according to officials.
Five soldiers and five civilians were also wounded after the militants on Tuesday attacked the Dabori post manned by paramilitary troops in the tribal district of Orakzai, the officials said.
“At least 20 militants have been killed in the pre-dawn clash,” a military official told AFP by telephone. Their bodies were spotted during a search carried out by helicopter gunships, he said, requesting anonymity.
View Original Post : Pakistan says 21 killed
But the program could be altered, he said, “so it maintains the fundamental elements of public financing,” which include making candidates less beholden to contributors and helping to level the playing field for candidates facing better-financed opponents.
The proposal, which passed through the Rules Committee on Monday with no recommendation, will be considered by the full board today. It calls for capping the amount of public money an eligible candidate can receive at $900,000. Period.
The current allocation of public funds now stands at up to $900,000 per eligible mayoral candidate – with a big caveat: Candidates participating in the public financing program can go above the ceiling if spending by their opponents’ campaigns or independent expenditure campaigns exceeds the cap. That no longer would be allowed under the proposed change.
View Original Post : CITY INSIDER
The European Commission, the European Union’s competition watchdog, opened two investigations into whether IBM was abusing its dominant position in the market for mainframe computers in July 2010. One of the probes focused on the company’s profitable maintenance services.
A second investigation, which the Commission closed Tuesday, was examining whether IBM was unfairly tying its mainframe hardware with its operating system.
Mainframes are powerful computers that are used mostly by big companies and governments.
“I commend IBM’s readiness to address our concerns about fair competition in the market for large computers which are crucial for the functioning of today’s economy,” Competition Commissioner Joaquin Almunia said in a statement.
The Commission said it informed IBM in August that its preliminary assessment showed that IBM “may have imposed unreasonable conditions for supplying competing mainframe maintenance service providers.”
IBM, according to a notice published in the EU’s official journal, said it was offering the concessions to the EU and competitors even though it didn’t agree with the Commission’s initial assessment of a potential abuse of dominance.
The concessions include a commitment by IBM to make spare parts and technical information more easily available to other mainframe maintainers over the next five years.
In a statement, IBM said it welcomed the decision to close the second investigation and “the proposed resolution of the Commission’s investigation of certain IBM mainframe maintenance practices.”
The Commission is now asking IBM’s competitors and customers to comment on the commitments to decide whether they are sufficient.
Mainframe sales make up a small portion of IBM’s revenue, but the company has been making a lot of money selling software and services linked to the hardware it produces.
The closing of the probe into whether IBM was unlawfully tying its mainframe hardware with its operating system will come as a relief to the 100-year-old company. That investigation was triggered by complaints from emulator software vendors T3 and Turbo Hercules, which were later joined by Neon Enterprise Software.
View Original Post : IBM offers concession in EU antitrust case
Repeal of a 1993 law that allowed gays to serve only so long as they kept their sexual orientation private took effect Tuesday at 12:01 a.m. EDT.
Some in Congress still oppose the change, but top Pentagon leaders have certified that it will not undermine the military’s ability to recruit or to fight wars.
View Original Post : gay ban causing