Tuesday, October 4, 2005

Dr. Stephen Schoenthaler, a Professor of Criminal Justice at the California State University in Stanislaus, has long argued that there is a link between a healthy diet and decreased aggressive behaviour, as well as with increased IQ and school performance.

Dr. Schoenthaler is well-known for a youth detention center study where violations of house rules fell by 37% when vending machines were removed and the cafeteria replaced canned food by fresh alternatives. He summarizes his findings by saying that “Having a bad diet right now is a better predictor of future violence than past violent behaviour.” In a very large test, Schoenthaler directed a study in meals at 803 New York City schools, in low-income neighbourhoods, finding that the number of students passing final exams increased by 16%.

Critics have questioned some of Dr. Schoenthaler findings, due to the lack of placebo control groups. However, more recent work by Dr. Bernard Gesch, a physiologist at the University of Oxford, has placed some of the work on a more scientific footing. Dr. Gesch found that nutrition supplements produced a 26% drop in violations of prison rules over a placebo, and a 37% decrease in violent offences. The Netherlands has embarked on a wider scale dietary research program in 14 prisons.

The short term behaviour consequences of ingesting sugar are well understood: an initial burst on energy, followed a sugar low in which your body produces adrenalin, which makes you irritable and explosive. However, Schoenthaler and Gesch suggest that there are long term impacts over and above the short term consequences of blood sugar variations.

Thursday, March 5, 2009

US stock markets dropped to twelve-year lows on Thursday, amidst falling confidence in the financial sector and worries over whether the US automobile manufacturer General Motors will be able to keep operating.

The Dow Jones Industrial Average dropped by 4.08%, or 280.52 points, at the closing bell, reaching a level of 6595.32, a new 12-year low. The Nasdaq Composite lost 54.15 points, or 4%, to 1299.59, while the Standard & Poor’s 500 plunged by 30.27 points, or 4.25%, closing at 682.60.

Every stock in the Dow Jones, other than Wal-Mart, either lost ground or remained even, and all stocks in the S&P 500 index lost ground.

General Motors’ shares lost 15.5% after the auto firm announced that its auditors had “substantial doubt” over whether it would be able to keep operating.

Shares of financial companies were lower by nine percent, with Bank of America losing 11.7% and Citigroup falling by 9.7%.

“What’s most worrisome is that we haven’t hit the crescendo yet,” said Bill Groeneveld, the head trader for vFinance Investments. “Asset-management divisions are getting calls to just liquidate everything, and we haven’t seen the big players come back in at all.”

“This is one of the worst bear markets in the last 100 years; it started out with the credit crisis and the subprime [loans], but it is like a forest fire that has raced across the clearing and ignited other parts: Autos, auto parts, the insurance companies have been hit very hard. The credit crisis is causing an unraveling of industry after industry because the banks don’t lend,” said David Dreman, the chief investment officer of Dreman Value Management.

European markets were also lower today, with the London’s FTSE index losing 3.2% and the DAX index of Germany falling by five percent.

Tuesday, May 20, 2008

The discovery of the presence of airborne asbestos in a middle school in Montclair, New Jersey Friday prompted the evacuation of over 200 students from the school and the school’s closure. Renaissance Middle School, part of the Montclair Public Schools in New Jersey, was closed Monday and remains closed Tuesday while undergoing asbestos testing and cleaning.

According to a letter sent home to parents by the Superintendent’s Office of Montclair Public Schools on Friday, “plaster may have been disturbed” during construction on new fire doors at the Renaissance School building on Thursday.

An inspection arranged by the school district indicated asbestos was present in the plaster, and a subsequent inspection performed by asbestos consultant Detail Associates revealed “a level of airborne asbestos fibers that exceeded the acceptable range” in the third floor hallway of the school. Montclair Public Schools business administrator Dana Sullivan told The Star-Ledger that testing conducted on March 31 revealed the presence of asbestos in a brown undercoating of plaster at the Renaissance School building.

The affected area was sealed off, and some students were moved to other areas of the building while others were moved to off-site locations. District Public Information Officer Laura Federico told The Montclair Times that sixth and seventh graders were transported to Hillside Elementary School, and eighth graders were bussed to Montclair High School. “The safety of our students and staff is always our first concern,” said Federico.

According to The Montclair Times, Detail Associates conducted a cleaning protocol at the school on Saturday and tested the building to make sure it did not contain unacceptable levels of asbestos fibers. The letter sent to parents Friday by the Superintendent’s Office said that Detail Associates had told the district that the building would be “cleaned, tested and cleared for occupancy by Monday morning”. The school remained closed Monday, and a meeting was held between parents and school district officials. A Parent-Teacher Association meeting is planned for Wednesday night.

The Star-Ledger reported that the ongoing asbestos cleanup of the school is being supervised by the state Department of Environmental Protection. At the meeting Monday morning between parents and school district officials, parents demanded that the inside of lockers be included as part of the asbestos cleanup. This additional step in the asbestos inspection process prompted the school’s closure Tuesday. A Monday statement by the Business Office of Montclair Public Schools said that the Renaissance School would remain closed Tuesday for sixth and seventh grade students “so that an extensive cleanup and additional asbestos testing can be completed”. Eighth grade students did not have classes scheduled as a trip to Washington, D.C. had previously been planned; the school trip is unaffected by the recent asbestos incident.

Steve Jaraczewski of Detail Associates was present at the district meeting Monday, and said that one of four test samples taken at the school was positive for the presence of airborne asbestos at over six times acceptable levels. Jaraczewski was critical of the asbestos management plan provided by Roman Catholic Archdiocese of Newark, which owns the school’s building and leases it to Montclair Public Schools.

Jaraczewski said that the state Department of Environmental Protection has required asbestos management plans since 1988, but that the company that drafted the asbestos plan for the Archdiocese of Newark is out of business. Representative for the archdiocese Jim Goodness emphasized that the building would be back open for classes soon. “The kids will be able to go back to school soon, and that’s the important part,” said Goodness.

Exposure to airborne asbestos can lead to mesothelioma, a cancer which develops in the sac surrounding the lungs and chest cavity, abdominal cavity, or the sac surrounding the heart. Exposure to disturbed asbestos fibers can also lead to lung scarring, a condition called asbestosis, and lung cancer. Patients with malignant mesothelioma generally do not have positive outcomes, and once diagnosed have six months to a year to live.

Friday, October 2, 2009

Companies in the United States are shedding more jobs, pushing the country’s unemployment rate to a 26-year high of 9.8%.

The US Labor Department said on Friday that employers cut 263,000 jobs in September, with companies in the service industries — including banks, restaurants and retailers — hit especially hard. This is the 21st consecutive month of job losses in the country.

The United States has now lost 7.2 million jobs since the recession officially began in December 2007. The new data has sparked fears that unemployment could threaten an economic recovery. Top US officials have warned that any recovery would be slow and uneven, and some have predicted the unemployment rate will top 10% before the situation improves.

“Continued household deleveraging and rising unemployment may weigh more on consumption than forecast, and accelerating corporate and commercial property defaults could slow the improvement in financial conditions,” read a report by the International Monetary Fund’s World Economic Outlook, predicting that unemployment will average 10.1% by next year and not go back down to five percent until 2014.

Mark Zandi, chief economist at Moody’s Economy.com, said that “it’s a very fragile and tentative recovery. Policy makers need to do more.”

“The number came in weaker than expected. We saw a lot of artificial involvement by the government to prop up the markets, and now that that is starting to end, the private sector isn’t yet showing signs of life,” said Kevin Caron, a market strategist for Stifel, Nicolaus & Co.

Also on Thursday, the US Commerce Department said factory orders fell for the first time in five months, dropping eight-tenths of a percent in August. Orders for durable goods — items intended to last several years (including everything from appliances to airliners) — fell 2.6%, the largest drop since January of this year.

The US government has been spending billions of dollars — part of a $787 billion stimulus package — to help spark economic growth. There have been some signs the economy is improving.

The Commerce Department said on Thursday that spending on home construction jumped in August for its biggest increase in 16 years. A real estate trade group, the National Association of Realtors, said pending sales of previously owned homes rose more than 12 percent in August, compared to August 2008.

A separate Commerce Department report said that consumer spending, which accounts for more than two-thirds of US economic activity, rose at its fastest pace in nearly eight years, jumping 1.3 percent in August.

Other reports have provided cause for concern. A banking industry trade group said Thursday the number of US consumers making late payments, or failing to make payments, on loans and credit cards is on the rise. A survey by a business group, the Institute for Supply Management, Thursday showed US manufacturing grew in September, but at a slower pace than in August when manufacturing increased for the first time in a year and a half.

Stock markets reacted negatively to the reports. The Dow Jones Industrial Average fell 41 points in early trading, reaching a level of 9467. This follows a drop of 203 points on Thursday, its largest loss in a single day since July. The London FTSE index fell 55 points, or 1.1%, to reach 4993 points by 15.00 local time.

Friday, April 13, 2007

On Wednesday, Canadian BlackBerry maker Research In Motion Limited (RIM), reported preliminary fourth quarter and year-end financial results. Despite record profits, up from US$18 million in the same quarter last year to $188 million for the current quarter, the news was dampened by the revelation that the US Securities and Exchange Commission (SEC) had formalized its investigation into RIM’s accounting practices.

An internal review by RIM, initiated eight months ago, revealed irregularities with how the company accounted for stock options. On March 5 of 2007, RIM co-chief executive and chairman, Jim Balsillie, resigned his position of chairman, due to the irregularities.

RIM had indicated, until recently, that the SEC probe into the company’s stock option granting practices was an informal inquiry. In a press release April 11, RIM suggested that “the informal inquiry has been converted to a formal investigation.”

In its press release, RIM indicated it would restate financials for the second and third quarters of fiscal 2007, and the fiscal year ended March 3, 2007 only. Through its internal probe, RIM had determined that the accounting irregularities for recently filed Canadian Generally Accepted Accounting Principles (GAAP) statements would not result in a material adjustment. It would not, therefore, restate Canadian GAAP financial statements, filed previously.

Aside from the record profits just reported, RIM indicated that it had shipped approximately 6.4 million BlackBerry devices in fiscal 2007 and that 1.02 million subscriber accounts were added in the fourth quarter. At the end of the quarter, the total BlackBerry subscriber account base had increased to 8 million.

On the news of the formal SEC inquiry, RIM’s stock price was down over 8%, Thursday, on the NASDAQ.

Wednesday, September 26, 2007

Penny Lucas is running for the Progressive Conservative in the Ontario provincial election, in the Kenora-Rainy River riding. Wikinews’ Nick Moreau interviewed regarding her values, her experience, and her campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Sunday, June 27, 2010

Toyota announced on Friday that it will recall around 17,000 Lexus vehicles in response to risks of the fuel tank in the cars leaking after a collision.

The Lexus HS 250h model was subjected to the recall following a US National Highway Traffic Safety Administration (NHTSA) investigation. Despite previously passing Toyota safety inspections, the conclusions of an NHTSA sub-contracted investigator were that; when the vehicles in question collided with an object at more than fifty-miles-per hour, more than 142 grams of fuel, the maximum allowed by US law, leaked from the crashed car.

According to Toyota, further tests did not show any additional failure of the fuel tank.

In response to the findings, Toyota issued a recall of all affected vehicles, since the company had no solution immediately available. The recall includes 13,000 cars already sold, as well as another 4,000 still at dealerships.

Toyota says it plans to conduct further tests to determine the cause of the leak. A Toyota spokesman, Brian Lyons, said that the company was “still working to determine what the root cause of the condition is.” It’s still unclear when exactly the recall will take place, or when dealerships will be allowed to sell this model again. Lyons said that Toyota is “working feverishly to get this resolved as soon as possible.”

Toyota isn’t aware of any accidents stemming from the leaking fuel tank in the affected vehicles, first introduced in the summer of 2009.