Saturday, July 13, 2013

Audi launches S6 model in India priced at Rs 85.99 lakh

New Delhi: German luxury carmaker Audi launched its sedan S6 in India, priced at Rs 85.99 lakh (ex-showroom New Delhi).

"We are now happy to add the Audi S6 to our portfolio after the launch of the new Audi RS 5 Coupe earlier this month. With these launches, I am confident of consolidating our leadership position even further," Audi India Head Michael Perschke said in a statement.

The company's other models in the high performance car segment includes Audi R8, Audi R8 Spyder, Audi S4 and Audi TT Coupe.

Audi launches S6 model in India priced at Rs 85.99 lakh

The Audi S6 has various luxury features including four zone air conditioner, electrically adjustable sport seats with memory functions for the driver and sun blinds.

The Audi S6 has various luxury features including four zone air conditioner, electrically adjustable sport seats with memory functions for the driver and sun blinds.

Buoyed by good sales growth last year, Audi is expecting India to become one of its top ten global markets by 2014-15.

The company which sold 9,003 units in India in 2012 is aiming to sell around 10,500-10,800 units this year at a growth rate of about 20 per cent.

The German firm expects India to move up to 6th or 7th position by 2020 from its current rank of 22.

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Source: http://ibnlive.in.com.sportnetwork.net.feedsportal.com/c/33219/f/548443/s/2e99c276/l/0Libnlive0Bin0N0Cnews0Caudi0Elaunches0Es60Emodel0Ein0Eindia0Epriced0Eat0Ers0E85990Elakh0C40A62420E250E1620Bhtml/story01.htm

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At least 6 dead in France train crash near Paris

BRETIGNY-SUR-ORGE, France (AP) ? A train carrying hundreds of passengers derailed and crashed into a station outside Paris on Friday on one of the busiest days of the year for vacation getaways. At least six people were killed and dozens were injured, officials said.

The crash was the deadliest in France in several years. French President Francois Hollande rushed to the scene at the Bretigny-sur-Orge station, 20 kilometers (12 miles) south of Paris. The Interior Ministry said some 192 people were either injured or being treated for shock ? of which nine were in a critical condition.

Four of the seven train cars slid toward the station, crushing part of the metallic roof over the platform. Images on French television and on Twitter showed gnarled metal and shards on the platform, and debris from the crash clogging the stairwell leading beneath the platform.

Some 300 firefighters, 20 medical teams and eight helicopters were deployed to get survivors out of the metal wreckage, according to the Interior Ministry.

The accident came as France is preparing to celebrate its most important national holiday, Bastille Day, on Sunday, and as masses of vacationers are heading out of Paris and other big cities to see family or for summer vacation.

Hollande praised "the mobilization of the emergency services," and reached out in "solidarity with the victims' families." He said an inquiry has been launched to determine the cause of the accident.

"The inquiries will be public so that there is absolutely no doubt on what happened," he added.

Witnesses reported that the train was not moving at an excessive speed, deepening the mystery of what happened.

"I think it's genuinely too early to start to give this or that hypothesis. Now, we're still in the emergency operation," said Interior Ministry spokesman, Pierre-Henry Brandet. "There's some long work ahead from experts that will allow us to know the exact circumstances and the exact causes of this drama."

Ben Khelifa, a 20-year-old accounting apprentice whose commuter train was on the adjacent track, told The Associated Press that the derailed train "was unrecognizable.

"There was nothing but metal scraps," he said. "The train just collapsed, just like that, on its side... There was blood."

He added that he was one of a number of passengers in the adjacent train that went to help pull trapped survivors out of the wreckage. "People were screaming, people were asking where their children were," he said.

Another witness, Bazgua El Mehdi, 19, told Le Parisien newspaper: "I heard a loud noise. A cloud of sand covered everything. Then the dust dissipated. I thought it was a freight train, but then we saw the first casualties ... Many passengers on the (train) were crying."

It was unclear whether all the casualties were inside the train, or whether some had been on the platform, or how fast the train was traveling. The head of the SNCF rail authority, Guillaume Pepy, called it a "catastrophe."

The train's third and fourth cars initially derailed, which then knocked the other cars off the track, Pepy said. "Some cars simply derailed, others are leaning, others fell over," he said.

The Interior Ministry said six people died in the crash and nine were in critical condition. Earlier, Interior Minister Manuel Valls had said seven people died.

The SNCF said the train was carrying about 385 passengers when it derailed Friday evening at 5:15 p.m. (1515 GMT; 11:15 a.m. EDT) and crashed into the station at Bretigny-sur-Orge.

The train was headed from Paris to Limoges, a 400-kilometer (250-mile) journey, and was about 20 minutes into the scheduled three-hour journey.

A passenger speaking on France's BFM television said the train was going at a normal speed and wasn't meant to stop at Bretigny-sur-Orge. He described children unattended in the chaotic aftermath.

Trains operations have been suspended in Bretigny-sur-Orge for the next three days.

___

AP writer Thomas Adamson contributed to this report from Paris.

Source: http://news.yahoo.com/least-6-dead-france-train-crash-near-paris-194513835.html

Superbowl Start Time

Friday, July 12, 2013

Plainfield Historical Society Planning Yard Sale; Donations ...

Sale is scheduled for July 26 and 27.

The?Plainfield Historical Society?is planning a July 26 and 27?yard saleat the Quality Hill House, 23781 W. Lockport St. (Lockport and Eastern Avenue).

All proceeds will be used to continue renovations on the home, which dates back to the 1840s.


Donations are being accepted for the sale. To make a donation, call Sue at the historical society at 815-436-4073.

Related:


Source: http://plainfield.patch.com/groups/around-town/p/plainfield-historical-society-planning-yard-sale-donations-accepted

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Hamm taking plunge into sports world as ESPYs host

LOS ANGELES (AP) ? Jon Hamm is going from a presenter to host of the ESPY Awards, a natural segue for the former three-sport prep athlete who is unabashed in his love for his hometown St. Louis Cardinals.

Hamm called himself a "pretty good" high school player, but is quick to note he was never a threat to make it in the professional ranks.

That's why the 42-year-old actor best known as Don Draper on AMC's "Mad Men" wants to keep the focus on the athletes when he hosts the annual show honoring the year's best sports moments. It airs live on ESPN on July 17 from the Nokia Theatre in Los Angeles.

"When you look at someone else who is excellent at what they do, you can't help but be jealous," Hamm said Thursday. "When you look at what David Freese did in the 2011 World Series, that's performance at the highest level with all the chips on the table."

Freese had two key hits in the late innings of Game 6 against Texas that year, helping the Cardinals force a Game 7, which they won.

"I don't want to disrespect any Blues fans, but the Cardinals are No. 1 in my heart," he said, adding that the Cardinals and NHL's Blues are "1 and 1-A" in his rooting order.

At John Burroughs High in suburban St. Louis, Hamm was on the football, baseball and swimming teams, lettering in all three sports.

"I loved it. A lot of those guys I played on those teams with I'm still pretty good friends with," he said. "It's important for young kids to get out there and move around, especially in the kind of high-fructose environment we have these days."

Hamm is hosting the ESPYs just as he wraps filming on the Disney movie "The Million Dollar Arm," in which he plays a sports agent.

Hosting an awards show is not like hosting "Saturday Night Live," he noted. "But I've never had a problem standing up in front of people making a fool of myself, and I'm sure that will happen at least once during the telecast."

As someone who's been nominated for his share of acting trophies, Hamm knows what it's like to sit in the audience for an awards show.

"You kind of want it to go fast because there's fun parties afterwards," he said, noting that the best hosts "always kind of keep it moving, keep it light, and give you some laughs."

Among the scheduled presenters are LeBron James, Ben Affleck, Sean "Diddy" Combs, Selena Gomez, Danica Patrick, Maria Sharapova, Jason Sudeikis, and Sports Illustrated swimsuit model Chrissy Teigen.

Source: http://news.yahoo.com/hamm-taking-plunge-sports-world-espys-host-220321871.html

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Thursday, July 11, 2013

UK to list Royal Mail, woos workers with free shares

By Neil Maidment and William James

LONDON (Reuters) - Britain will list a majority stake in the Royal Mail postal service on the stock market in the next nine months, promising free shares for workers fiercely opposed to the country's biggest privatisation in around 20 years.

Analysts expect the initial public offering (IPO) to value Royal Mail, which traces its roots to a service founded by King Henry VIII in 1516, at 2-3 billion pounds, so selling a majority stake could raise over 1 billion pounds to help the country's stretched finances.

In a bid to weaken support for trade unions, which have helped to scupper past attempts to sell off the business, the government said it would give away 10 percent of shares in Royal Mail to its 150,000 UK postal workers, with the condition that they must be held for three years.

The company's management has long argued that access to external capital is vital as it invests in shifting its business away from falling letter volumes and toward a growing parcels industry fuelled by internet shopping.

But unions have threatened strike action, arguing privatisation could jeopardise Royal Mail's commitment to provide a universal, six-days-a-week service and lead to a decline in working conditions for staff.

Business Secretary Vince Cable sought to sooth such concerns, saying the universal service would be protected by regulator Ofcom as well as parliament, and that privatisation would not trigger a change in employment conditions.

"It cannot be right for Royal Mail to come cap in hand to ministers each time it wants to invest and innovate. The public will always want government to invest in schools and hospitals ahead of Royal Mail," he said.

State postal services have been privatised across much of western Europe. Last month, Belgium's bpost received strong interest in its stock market debut, which was priced towards the top end of expectations.

Royal Mail, which no longer includes the Post Office services and retail business, more than doubled profit in the year ended March 31, helped by parcel demand.

PUBLIC OFFERING

The listing, which will take place in the company's current financial year, will include a retail offering for the public, for which Royal Mail workers will also receive priority treatment. Banks Goldman Sachs and UBS have been appointed as lead advisers for the IPO.

Cable said the government would retain flexibility on the size of stake to be sold, pending market conditions and demand.

Britain's Conservative-Liberal coalition government, which paved the way for privatisation last year by freeing Royal Mail of its hefty pension liabilities, has been criticised by the main opposition Labour party for pushing to sell off the firm at a time when its profits are rising.

The privatisation push follows similar attempts by the Conservatives in 1994 and by Labour in 2009, both of which were scuppered by union threats and party rebellions, with the latter attempt also succumbing to rocky financial markets.

In a consultative ballot sent to 112,000 Royal Mail workers in June, the Communication Workers Union said that, from a 74 percent turnout, 96 percent opposed plans to sell the firm. It urged the government to consider other ways to access capital or risk strike action.

The retail element of the IPO plan is rare for Britain, and only usually considered for well known companies. In October last year insurer Direct Line sold around 15 percent of its 787 million pound IPO to retail investors who on average bought 5,000-6,000 pounds worth of shares.

A YouGov poll commissioned for a Think Tank paper released on Wednesday exploring the merits of privatising Royal Mail showed that just 53 percent of the British public are aware of the sale plans, with 67 percent of people opposed to it. (Additional reporting by Kylie MacLellan; Editing by Kate Holton and Mark Potter)

Source: http://news.yahoo.com/british-pm-says-expects-big-public-support-royal-114531373.html

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07/16/2013 - OUR SAVIOR LUTHERAN CHURCH TO HOST ?THE KINGDOM CHRONICLES? VACATION BIBLE SCHOOL


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Judge: Apple aimed to raise e-book prices

Published: 7/11/13 @ 12:00

Judge: Apple aimed to raise e-book prices

new york

Apple Inc. milked the popularity of its iTunes store to form an illegal cartel with publishers to raise electronic- book prices, a federal judge ruled Wednesday, citing ?compelling evidence? from the words of the late Steve Jobs.

Wednesday?s ruling by U.S. District Judge Denise Cote in New York sided with government regulators? contention that Apple joined five major book publishers to gang up on Amazon.com in a price-fixing conspiracy that caused consumers to pay more for electronic books.

Bernanke: US still needs Fed?s stimulus

washington

Chairman Ben Bernanke said Wednesday the U.S. economy still needs help from the Federal Reserve?s low interest rate policies.

Bernanke told the NationalSFlbBureau of Economic ResearchSFlbthat because unemployment remains high and inflation is below the Fed?s target, the policies are still necessary. He also said the economy is being held back by higher taxes and federal spending cuts.

Associated Press

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .76, 32.55 .22

Avalon Holdings,3.49?.16

Clear Channel, .61 28.24 ?.05

Cortland Bancorp, 10.24?.01

Farmers Nat., .126.39 .00

First Energy, 2.20, 36.82.01

FirstMerit Corp., .64,21.01 .07

First Niles Financial, .32,10.00.00

First Place Fin., .0031.00

FNB Corp., .48,12.76?.14

General Motors,35.34.42

General Electric, .76,25.5562?.06

Motors Liquidation, .0422.00

Huntington Bank, .20, 8.26?.20

JP Morgan Chase, 1.52,54.84?.05

Key Corp, .22,11.78?.10

LaFarge, 15.27 ?.10

Macy?s, 1.00, 49.46?.91

Parker Hannifin, 1.80, 98.12.11

PNC, 1.76,74.57?1.69

RTI Intl. Metals,29.78.25

Simon Prop. Grp.,4.60,160.82?.90

Stoneridge 12.555 .02

United Community Fin. 4.65.12

Selected prices at 4 p.m. Wednesday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.


Source: http://www.vindy.com/news/2013/jul/11/judge-apple-aimed-to-raise-e-book-prices/?mobile

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