DataSift, a company that provides developers and third parties with access to Twitter, Facebook and other social data sources, has raised $15.25 million in Series B funding led by Scale Venture Partners with Northgate Capital and Daher Capital participating. This brings DataSift's funding to $30 million.Source: http://feedproxy.google.com/~r/Techcrunch/~3/Mm3xu6sMW3o/
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Google Play Music gets an update, iPhone 5 wait times are finally getting shorter, an iOS update aims to better explain Passbook, and the IE10 for Windows 7 preview is on the way.
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Under the ADA, customers or employees may bring service animals with them to work or to a public place like a restaurant or a store. Smart employers make sure employees know their obligations and treat the animal and its owner appropriately.
Recent case: Cheryl had been disabled for a long time and had frequented the same restaurant for over 20 years. She spent most of her day there, eating breakfast, socializing with other customers and waiters and leaving after lunch.
Then she got a service dog. When she began bringing the dog to the restaurant, some of the customers stopped spending time with Cheryl. A waiter who had previously joined her for lunch no longer did.
She sued, alleging that the restaurant discriminated against her and the dog.
The court tossed out her case. It said that it was clear the service animal was allowed in the restaurant and everyone served her as before. They just weren?t as friendly as they had been before. Since the ADA doesn?t require civility, that wasn?t enough for a lawsuit. (Krist v. Kolombo?s Restaurant, No. 11-1263, 2nd Cir., 2012)
Final note: What should you tell employees about service animals? Merely that the law says they are allowed on the premises and that no one should be turned away. Of course, if the service animal doesn?t behave appropriately, that?s another matter. Tell employees to check with management for possible solutions.
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Ayala Land's Avida Estates project in Nuvali
InterAksyon.com
The online news portal of TV5
MANILA - Ayala Land Inc may reduce capital spending next year as the property giant plans to go slow on its land banking initiative.
"We are launching a lot of projects in multiple forms - residential, commercial, retail, hotels. Naturally, the construction requirements will also accelerate in the future. The capex will not be the same level but it will still be high," said Jaime Ysmael, Ayala Land chief financial officer.
This year, the real estate firm has embarked on a record P37-billion capital expenditure program for the completion of ongoing developments, new project launches, and land bank acquisitions. It had planned the launch of 67 new projects nationwide worth P90 billion in 2012.
Ayala Land raised its capex further to P47 billion to partially fund its potential strategic alliance with the group of Ignacio Ortigas of OCLP Holdings Inc, the parent company of Ortigas and Company Limited Partnership.
Ayala Land has earmarked an initial investment of P15 billion for the strategic alliance, providing the listed real estate firm access to some 55 hectares of prime properties in Metro Manila.
"In terms of land acquisition budget, it will probably be less than this year because [the budget for] FTI is unusually high. We will still do some land banking but not at a level we did this year," said Ysmael, referring to the Food Terminal Inc property in Taguig.
In August, Ayala Land topped the bidding for the 74-hectare portion of the FTI property with a bid of P24.33 billion. It recently paid the initial P19.465 billion with the balance of P4 billion payable within 365 days from date of sale.
At-end June, Ayala Land had expanded its land bank to 5,865 hectares across the country. Of the total, 5,090 hectares is in sub-urban areas, while 775 hectares are in-city locations including Makati, Bonifacio Global City, Metro Cebu, Metro Davao, Bacolod, Iloilo and Cagayan de Oro.
"We have actually invested quite heavily this year. This will be an all-time high in terms of spending because of all the new land acquisitions including FTI. Our intent is to accelerate the development of all those land parcels that were recently acquired. We'll definitely ensure that we get the immediate returns possible," Ysmael said.
Ayala Land has spent 94 percent of its programmed capital expenditures for projects this year.
In the nine-month period ending September, it reported a 27 percent increase in its net income to P6.62 billion from P5.23 billion last year, on the back of the strong performance of its business units and margin improvements.
By 2014, the real estate firm eyes to have a net income of P10 billion and a return on equity of 15 percent. ROE measures the income that shareholders earn from their investment in a company.
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Source: http://www.interaksyon.com/article/47762/ayala-land-likely-to-set-lower-2013-capex
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NEW YORK, NY - SEPTEMBER 11: Recording artist Tamar Braxton walks the runway at Front Row at the Bonkuk Koo spring 2013 fashion show during Style360 at Metropolitan Pavillion on September 11, 2012 in New York City. (Photo by Vivien Killilea/Getty Images)
NEW YORK, NY - SEPTEMBER 11: Recording artist Tamar Braxton walks the runway at Front Row at the Bonkuk Koo spring 2013 fashion show during Style360 at Metropolitan Pavillion on September 11, 2012 in New York City. (Photo by Vivien Killilea/Getty Images)
LOS ANGELES, CA - JULY 01: Actress Tamar Braxton attends the BET Awards '12 at The Shrine Auditorium on July 1, 2012 in Los Angeles, California. (Photo by Frederick M. Brown/Getty Images)
LOS ANGELES, CA - JULY 01: Actress Tamar Braxton attends the BET Awards '12 at The Shrine Auditorium on July 1, 2012 in Los Angeles, California. (Photo by Frederick M. Brown/Getty Images)
LOS ANGELES, CA - JULY 01: (L-R) TV Personality Tamar Braxton, singer Faith Evans and rapper Cash Out attend the post show during the 2012 BET Awards at The Shrine Auditorium on July 1, 2012 in Los Angeles, California. (Photo by Mark Davis/Getty Images For BET)
LOS ANGELES, CA - JULY 01: Singer Tamar Braxton arrives at the 2012 BET Awards at The Shrine Auditorium on July 1, 2012 in Los Angeles, California. (Photo by Jason Merritt/Getty Images For BET)
LOS ANGELES, CA - JULY 01: Singer Tamar Braxton arrives at the 2012 BET Awards at The Shrine Auditorium on July 1, 2012 in Los Angeles, California. (Photo by Jason Merritt/Getty Images For BET)
LOS ANGELES, CA - JULY 01: Singer Tamar Braxton arrives at the 2012 BET Awards at The Shrine Auditorium on July 1, 2012 in Los Angeles, California. (Photo by Jason Merritt/Getty Images For BET)
NEW YORK, NY - FEBRUARY 28: Singer/TV personality Tamar Braxton and producer/TV personality Vincent Herbert attend the American Heart Association's 2012 New York City Go Red for Women luncheon at the Hilton New York on February 28, 2012 in New York City. (Photo by Stephen Lovekin/Getty Images)
NEW YORK, NY - FEBRUARY 28: Singer/TV personality Tamar Braxton atends the American Heart Association's 2012 New York City Go Red for Women luncheon at the Hilton New York on February 28, 2012 in New York City. (Photo by Stephen Lovekin/Getty Images)
NEW YORK, NY - FEBRUARY 28: Singer/TV personality Tamar Braxton atends the American Heart Association's 2012 New York City Go Red for Women luncheon at the Hilton New York on February 28, 2012 in New York City. (Photo by Stephen Lovekin/Getty Images)
Tamar Braxton and Tonya Wright pose at the Staples Center upon arrival for the 54th Grammy Awards in Los Angeles, California, February 12, 2012. AFP PHOTO Joe KLAMAR (Photo credit should read JOE KLAMAR/AFP/Getty Images)
HOLLYWOOD, CA - FEBRUARY 09: Singer Tamar Braxton (L) and Vincent Herbert arrive at the (Belvedere) RED Pre-Grammys Party with Mary J Blige held at Avalon on February 9, 2012 in Hollywood, California. (Photo by Mark Davis/Getty Images For (Belvedere) RED)
HOLLYWOOD, CA - FEBRUARY 09: Singer Tamar Braxton arrives at the (Belvedere) RED Pre-Grammys Party with Mary J Blige held at Avalon on February 9, 2012 in Hollywood, California. (Photo by Mark Davis/Getty Images For (Belvedere) RED)
HOLLYWOOD, CA - FEBRUARY 09: Singer Tamar Braxton arrives at the (Belvedere) RED Pre-Grammys Party with Mary J Blige held at Avalon on February 9, 2012 in Hollywood, California. (Photo by Mark Davis/Getty Images For (Belvedere) RED)
PASADENA, CA - JANUARY 13: TV personality Tamar Braxton arrives at WE tv's 'Family Affair' 2012 Winter TCA event at Langham Hotel on January 13, 2012 in Pasadena, California. (Photo by Angela Weiss/Getty Images)
PASADENA, CA - JANUARY 13: (L-R) TV personalities Trina Braxton, Towanda Braxton, Evelyn Braxton, Tamar Braxton and Traci Braxton arrive at WE tv's 'Family Affair' 2012 Winter TCA event at Langham Hotel on January 13, 2012 in Pasadena, California. (Photo by Angela Weiss/Getty Images)
ATLANTA, GA - NOVEMBER 17: Tamar Braxton attends the Soul Train Awards 2011 at The Fox Theatre on November 17, 2011 in Atlanta, Georgia. (Photo by Rick Diamond/Getty Images)
ATLANTA, GA - NOVEMBER 17: Tamar Braxton performs at the 2011 Soul Train Awards at The Fox Theatre on November 17, 2011 in Atlanta, Georgia. (Photo by Rick Diamond/Getty Images)
ATLANTA, GA - NOVEMBER 17: Tamar Braxton performs at the 2011 Soul Train Awards at The Fox Theatre on November 17, 2011 in Atlanta, Georgia. (Photo by Rick Diamond/Getty Images)
LOS ANGELES, CA - AUGUST 26: Singer Tamar Braxton and President & Founder of Give Back Hollywood Todd Michael Krim attends the Give Back Hollywood Foundation's benefit for VH1 Save the Music Foundation on August 26, 2011 in Los Angeles, California. (Photo by Alberto E. Rodriguez/Getty Images)
LOS ANGELES, CA - AUGUST 26: Singer Tamar Braxton and actress Vanessa Simmons attend the Give Back Hollywood Foundation's benefit for VH1 Save the Music Foundation on August 26, 2011 in Los Angeles, California. (Photo by Alberto E. Rodriguez/Getty Images)
LOS ANGELES, CA - AUGUST 26: Singer Tamar Braxton attends the Give Back Hollywood Foundation's benefit for VH1 Save the Music Foundation on August 26, 2011 in Los Angeles, California. (Photo by Alberto E. Rodriguez/Getty Images)
LOS ANGELES, CA - AUGUST 26: Singer Tamar Braxton attends the Give Back Hollywood Foundation's benefit for VH1 Save the Music Foundation on August 26, 2011 in Los Angeles, California. (Photo by Alberto E. Rodriguez/Getty Images)
LOS ANGELES, CA - AUGUST 26: Singer Tamar Braxton attends the Give Back Hollywood Foundation's benefit for VH1 Save the Music Foundation on August 26, 2011 in Los Angeles, California. (Photo by Alberto E. Rodriguez/Getty Images)
WEST HOLLYWOOD, CA - APRIL 06: Tamar Braxton, Evelyn Braxton, Toni Braxton and Traci Braxton attend the WE tv's new series 'Braxton Family Values' celebration at The London Hotel on April 6, 2011 in West Hollywood, California. (Photo by Todd Williamson/Getty Images For WE tv)
HOLLYWOOD - JANUARY 24: Singer Toni Braxton (R) and sister Tamar attend the premiere of Focus Features' romantic comedy 'Something New' at the Cinerama Dome on January 24, 2006 in Hollywood, California. (Photo by Vince Bucci/Getty Images)
WEST HOLLYWOOD, CA - APRIL 06: (L-R) Singer Toni Braxton, Tamar Braxton, Evelyn Braxton, Traci Braxton, Towanda Braxton and Trina Braxton arrive at the celebration for the new WE tv series 'Braxton Family Values' at The London Hotel on April 6, 2011 in West Hollywood, California. (Photo by Charley Gallay/Getty Images For WE tv)
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Analysis
posted on November 12, 2012, at 12:25 PM
The flood waters of Hurricane Sandy submerged this subterranean entrance to a building in southern Manhattan ? and reignited the climate change debate. Photo: REUTERS/Carlo Allegri SEE ALL 79 PHOTOS
Republicans love to mock President Obama for vowing in his 2008 presidential nomination acceptance speech to help bring about "the moment when the rise of the oceans began to slow and our planet began to heal." But a few weeks ago, the oceans rose?in spectacular fashion, flooding New York City and washing away part of the Jersey Shore. The destruction of Hurricane Sandy, and Obama's reaction to it, moved New York Mayor Michael Bloomberg to come off the sidelines to endorse Obama, citing the president's belief in the need to combat climate change and his opponent Mitt Romney's latter-day denial. "Climate is back on the agenda, and I think Bloomberg especially is going to hold the president to some sort of action," says Andrew Holland at the American Security Project.
The issue: Climate change
Climate scientists agree that emissions from vehicles, power-generation plants, and other sources of greenhouse gases are building up in the atmosphere and raising the temperature on Earth, with a whole host of unpleasant and unpredictable results. At the same time, the number of Americans who are concerned about man-made global warming is smaller than two decades ago.
At Obama's urging, the House passed a bill to set up a cap-and-trade system to curb greenhouse gas emissions in 2009, but it died in the Senate, and Republican gains in the 2010 midterms ended any prospects of a sweeping climate change law in his first term. Instead, Obama enacted new fuel standards for automobiles, up to 54.5 miles per gallon for the 2025 model year, from 27.6 mpg in 2011, with support from 13 automakers, and took steps to cut down on pollution from coal-fired power plants.?
"We want our children to live in an America that isn't burdened by debt, that isn't weakened by inequality, that isn't threatened by the destructive power of a warming planet," Obama said in his victory speech on Election Night.
What Obama might accomplish
Hurricane Sandy has made climate change a real, visceral political issue, and "the impact on wealthier suburban communities has created more political support for addressing an issue that was largely ignored throughout the 2012 campaign," says Julian Zelizer at CNN.?And despite the continuing opposition of Republicans and coal-state Democrats, says former EPA administrator Christine Todd Whitman in The New York Times, federal cap-and-trade proposals are a solution that "should stay on the table." Hopefully "my Republican colleagues will see the wisdom of a market-based system for funding a public good ? all very much Republican principles."
Or, "instead of revising that complex scheme, how about a straightforward carbon tax?" says Michael Tomasky at The Daily Beast. Whereas cap-and-trade involves creating markets for carbon credits, the carbon tax is a tax. "Everyone can understand it," there are lots of ways to implement it, and expert say it could do a lot to lower carbon emissions. You could even use some of the revenue from taxing emissions to pay down the deficit, "which could broaden bipartisan appeal." Bloomberg could help move moderates, and ExxonMobil?CEO Rex Tillerson and conservative economist Greg Mankiw might even bring some Republicans across the finish line. The GOP would be "have a pretty hard time accusing the CEO of ExxonMobil of being some kind of socialist."
Why new legislation is unlikely
A carbon tax would help lower CO2 emissions and raise some $144 billion by 2020, but let's face it, says Scott Segal at the lobbying firm Bracewell & Giuliani:?Republicans won't support anything that has the word "tax" in it.?
So what can we realistically expect on the climate change front from Obama' second term? "Simply put: more of the same," says David Biello at Scientific American. GOP control of the House makes big legislation like a carbon tax unlikely, but Obama's record of taking action through executive action and working directly with the private sector is no small thing. "Obama's second term may not slow the rise of the oceans or begin the healing of the planet," Biello says, "but it will give the two-term president a chance to secure his legacy as one of the greenest chief executives in U.S. history."
"It will be painfully easy to tell if President Obama is going to take a serious stab at doing something about climate change in his second term," says Bill McKibben in The Washington Post: Watch to see if he approves the Keystone XL pipeline from Canada. "That pipeline, if built, will carry the same amount of oil saved by his auto mileage standards," meaning in one fell swoop "his second term canceled out the one best things done in his first."
Read more analysis of Obama's second term:
-The case for immigration reform
-The case for intervening in Syria
Sources: CNN, Daily Beast, New York Times, Reuters (2), PolitiFact, Scientific American, ThinkProgress, Washington Post
Source: http://theweek.com/article/index/236257/obamas-second-term-the-case-for-new-climate-change-laws
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