US jobless claims recede, still show Sandy impact

WASHINGTON: US jobless claims fell back to 393,000 in the most recent week, the Labour Department said on Thursday, still showing the impact of superstorm Sandy which blasted the Northeast in late October.

Claims in the week to November 24 fell from 416,000 the previous week and 451,000 in the November 10 week.

But they remained well above the 360-380,000 range held most of this year.

The three weeks of high claims, much the result of the shutdown of the economy in and around New York due to the storm, pushed the four-week rolling average to 405,250.

Many companies in the region, especially small businesses, are still struggling to get back to normal nearly one month after the storm struck.

- AFP/de

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Facebook case: Maharashtra Police to drop case against girls

MUMBAI: Facing flak, Maharashtra Police today decided to drop charges against the two girls whose arrests over their Facebook post criticising the shutdown here during Bal Thackeray's funeral sparked a national outrage.

In a relief to the girls, the dropping of charges came on a day when the Supreme Court said it was considering to take suo motu cognisance of recent incidents of arrest of people for offences under Section 66A of the Information Technology (IT) Act which deals with online offensive content.

In a related case, a 19-year-old boy from neighbouring Thane district, detained on suspicion of posting an "objectionable" Facebook comment against MNS chief Raj Thackeray, was let off after police found that a "fake account" was used by some persons in the teenager's name.

"No chargesheet will be filed in the case of arrest of two girls from Palghar. There will be a closure report," Director General of Police Sanjeev Dayal said.

The closure report in a case is usually filed by police before the court concerned when investigators conclude that no case is made out against the accused.

Shaheen Dhada and Rinu Shrinivasan, both 21, were arrested after Dhada had criticised in a Facebook post the November 18 shutdown due to Thackeray's funeral. Shrinivasan had 'liked' the post. The two were later granted bail shortly after they were remanded in 14-day judicial custody.

Though Dhada did not name Thackeray, a local Sena leader complained against the girls and police arrested the duo on November 19, sparking an outcry.

Maharashtra government on Tuesday suspended the two police officers, SP (Thane rural) Ravindra Sengaonkar and senior police inspector Shrikant Pingle, for arresting the girls.

A bandh was observed at Palghar town in adjoining Thane district yesterday following a call by Shiv Sena against suspension of the two police officers. "Sunil Vishwakarma is cooperating with us in the case and was allowed to go last night after initial questioning. He is nowhere involved in the case," a senior police officer said.

Police in neighbouring Thane district had picked up the boy after receiving a complaint alleging that he had posted some "objectionable" comment on Raj Thackeray on the social networking site. The boy has not been charged.

According to police, a "fake account" was used by unidentified person or persons in the teenager's name and a case was being registered in this regard.

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Caterpillar Fungus Has Anti-Inflammatory Properties

In the Tibetan mountains, a fungus attaches itself to a moth larva burrowed in the soil. It infects and slowly consumes its host from within, taking over its brain and making the young caterpillar move to a position from which the fungus can grow and spore again.

Sounds like something out of science fiction, right? But for ailing Chinese consumers and nomadic Tibetan harvesters, the parasite called cordyceps means hope—and big money. Chinese markets sell the "golden worm," or "Tibetan mushroom"—thought to cure ailments from cancer to asthma to erectile dysfunction—for up to $50,000 (U.S.) per pound. Patients, following traditional medicinal practices, brew the fungal-infected caterpillar in tea or chew it raw.

Now the folk medicine is getting scientific backing. A new study published in the journal RNA finds that cordycepin, a chemical derived from the caterpillar fungus, has anti-inflammatory properties.

"Inflammation is normally a beneficial response to a wound or infection, but in diseases like asthma it happens too fast and to too high of an extent," said study co-author Cornelia H. de Moor of the University of Nottingham. "When cordycepin is present, it inhibits that response strongly."

And it does so in a way not previously seen: at the mRNA stage, where it inhibits polyadenylation. That means it stops swelling at the genetic cellular level—a novel anti-inflammatory approach that could lead to new drugs for cancer, asthma, diabetes, rheumatoid arthritis, and cardiovascular-disease patients who don't respond well to current medications.

From Worm to Pill

But such new drugs may be a long way off. The science of parasitic fungi is still in its early stages, and no medicine currently available utilizes cordycepin as an anti-inflammatory. The only way a patient could gain its benefits would by consuming wild-harvested mushrooms.

De Moor cautions against this practice. "I can't recommend taking wild-harvested medications," she says. "Each sample could have a completely different dose, and there are mushrooms where [taking] a single bite will kill you."

Today 96 percent of the world's caterpillar-fungus harvest comes from the high Tibetan Plateau and the Himalayan range. Fungi from this region are of the subspecies Ophiocordyceps sinensis, locally known as yartsa gunbu ("summer grass, winter worm"). While highly valued in Chinese traditional medicine, these fungi have relatively low levels of cordycepin. What's more, they grow only at elevations of 10,000 to 16,500 feet and cannot be farmed. All of which makes yartsa gunbu costly for Chinese consumers: A single fungal-infected caterpillar can fetch $30.

Brave New Worm

Luckily for researchers, and for potential consumers, another rare species of caterpillar fungus, Cordyceps militaris, is capable of being farmed—and even cultivated to yield much higher levels of cordycepin.

De Moor says that's not likely to discourage Tibetan harvesters, many of whom make a year's salary in just weeks by finding and selling yartsa gunbu. Scientific proof of cordycepin's efficacy will only increase demand for the fungus, which could prove dangerous. "With cultivation we have a level of quality control that's missing in the wild," says de Moor.

"There is definitely some truth somewhere in certain herbal medicinal traditions, if you look hard enough," says de Moor. "But ancient healers probably wouldn't notice a 10 percent mortality rate resulting from herbal remedies. In the scientific world, that's completely unacceptable." If you want to be safe, she adds, "wait for the medicine."

Ancient Chinese medical traditions—which also use ground tiger bones as a cure for insomnia, elephant ivory for religious icons, and rhinoceros horns to dispel fevers—are controversial but popular. Such remedies remain in demand regardless of scientific advancement—and endangered animals continue to be killed in order to meet that demand. While pills using cordycepin from farmed fungus might someday replace yartsa gunbu harvesting, tigers, elephants, and rhinos are disappearing much quicker than worms.

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Two Winners in Record Powerball Jackpot

Winning tickets for the record Powerball jackpot worth more than $587 million were purchased in Arizona and Missouri.

Missouri Lottery official Susan Goedde confirmed to ABC News this morning that one of the winning tickets was purchased in the state, but they would not announce which town until later this morning.

Arizona lottery officials said they had no information on that state's winner or winners but would announce where it was sold during a news conference later in the day.

The winning numbers for the jackpot were 5, 23, 16, 22 and 29. The Powerball was 6.

The jackpot swelled to $587.5 million, according to Lottery official Sue Dooley. The two winners will split the jackpot each getting $293.75 million. The cash payout is $192.5 million each.

An additional 8,924,123 players won smaller prizes, according to Powerball's website.

"There were 58 winners of $1 million and there were eight winners of $2 million. So a total of $74 million," said Chuck Strutt, Director of the Multi-State Lottery Association.

In Photos: Biggest Lotto Jackpot Winners

This is the 27th win for Missouri, ranking it second in the nation for lottery winners after Indiana, which has 38 wins. Arizona has had 10 Powerball jackpot wins in its history.

Players bought tickets at the rate of 131,000 every minute up until an hour before the deadline of 11 p.m. ET, according to lottery officials.

The jackpot had already rolled over 16 consecutive times without a winner. That fact, plus the doubling in price of a Powerball ticket, accounted for the unprecedented richness of the pot.

Powerball Numbers: Two Winners Take Record Jackpot Watch Video

Powerball's Half-Billion Dollar Prize: Lotto Success Stories Watch Video

"Back in January, we moved Powerball from being a $1 game to $2," said Mary Neubauer, a spokeswoman at the game's headquarters in Iowa. "We thought at the time that this would mean bigger and faster-growing jackpots."

That proved true. The total, she said, began taking "huge jumps -- another $100 million since Saturday." It then jumped another $50 million.

The biggest Powerball pot on record until now -- $365 million -- was won in 2006 by eight Lincoln, Neb., co-workers.
As the latest pot swelled, lottery officials said they began getting phone calls from all around the world.

"When it gets this big," said Neubauer, "we get inquiries from Canada and Europe from people wanting to know if they can buy a ticket. They ask if they can FedEx us the money."

The answer she has to give them, she said, is: "Sorry, no. You have to buy a ticket in a member state from a licensed retail location."

About 80 percent of players don't choose their own Powerball number, opting instead for a computer-generated one.
Asked if there's anything a player can do to improve his or her odds of winning, Neubauer said there isn't -- apart from buying a ticket, of course.

Lottery officials put the odds of winning this Powerball pot at one in 175 million, meaning you'd have been 25 times more likely to win an Academy Award.

Skip Garibaldi, a professor of mathematics at Emory University in Atlanta, provided additional perspective: You are three times more likely to die from a falling coconut, he said; seven times more likely to die from fireworks, "and way more likely to die from flesh-eating bacteria" (115 fatalities a year) than you are to win the Powerball lottery.

Segueing, then, from death to life, Garibaldi noted that even the best physicians, equipped with the most up-to-date equipment, can't predict the timing of a child's birth with much accuracy.

"But let's suppose," he said, "that your doctor managed to predict the day, the hour, the minute and the second your baby would be born."

The doctor's uncanny prediction would be "at least 100 times" more likely than your winning.

Even though he knows the odds all too well, Garibaldi said he usually plays the lottery.

When it gets this big, I'll buy a couple of tickets," he said. "It's kind of exciting. You get this feeling of anticipation. You get to think about the fantasy."

So, did he buy two tickets this time?

"I couldn't," he told ABC News. "I'm in California" -- one of eight states that doesn't offer Powerball.

In case you were wondering, this Saturday's Powerball jackpot is starting at $40 million.

ABC News Radio contributed to this report.

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President Tony Tan meets Indonesian counterpart in Jakarta

SINGAPORE: Singapore President Tony Tan Keng Yam met his Indonesian counterpart Dr Susulio Bambang Yudhoyono in Jakarta on Wednesday.

Dr Tan is on a state visit to Indonesia at the invitation of President Yudhoyono, who received the Singapore president at the Merdeka Palace in Jakarta with a full ceremonial welcome.

Dr Tan last visited Indonesia on an official visit in 2005, soon after President Yudhoyono took office as Indonesia's first directly elected President.

Dr Tan was then Singapore's deputy prime minister.

Both leaders have known each other since their time as security ministers for their respective countries.

Dr Tan also held talks with Indonesian Vice President Boediono on Wednesday and laid a wreath at the Kalibata National Heroes Cemetery in Jakarta.

President Tan, who is accompanied by several officials, will end his visit in Yogyakarta on Saturday.

- CNA/jc

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Youth detained for posting 'abusive' comments against Raj Thackeray on Facebook

MUMBAI: While the Bal Thackery Facebook controversy that led to the arrest of two girls is still going on, another incident of detention of a 20-year-old computer student over his alleged abusive comments against Maharashtra Navnirman Sena (MNS ) leader Raj Thackeray surfaced in Palghar city on Wednesday.

The "abusive" comment came at a time when the Palghar taluka unit of the Shiv Sena had called for a bandh on Wednesday to protest against the suspension of cops in the Bal Thackery Facebook case.

Sunil Vishwakarma, a class 12 drop out pursing a computer course in Vasai was handed over to the Palghar police by MNS activists on Wednesday noon. Vishwakarma, a resident of a chawl in Manor Naka told the police that his account was hacked.

The comment which abuses Raj and the ' Marathi manoos' was posted under the name of 'Sunil Vishvakrma' . The account was created in early November this month.

The complaint was registered by Bhavesh Churne, MNS Thane rural student wing president. Churne said, "We got information about the comment on Tuesday night. He was called to our office and he said he had not posted the comment. We informed the police."

The comment was posted from a mobile phone at around 3.47 pm on Monday. The comment was followed by a comment by one Preme Patil who abused Sunil for his comment. It was followed by another comment by Sunil who further abused the MNS leader.

Thane rural SP (incharge) Anil Kumbhare said that the complaint had been received and the case was referred to the Cyber Crime cell of Thane Rural. Sunil has been detained at the Palghar police station to prevent the mob from assaulting him.

Sunil said that he was aware about the facebook controversy involving Shaheen Dhada and Rinu Srinivasan and had not gone online since then. His father Rajaram had bought him a computer a few weeks ago. He said that his son would not use foul language against anyone. He said that they monitored his Facebook and mobiles. Sunil is the only member in the family who has a facebook account. His two teenage sisters have never used Facebook.

Sunil's mother Paunavi who accompanied him to the police station collapsed and was taken for medical aid to a nearby hospital.

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Pictures: Falcon Massacre Uncovered in India

Photograph courtesy Conservation India

A young boy can sell bundles of fresh Amur falcons (pictured) for less than five dollars. Still, when multiplied by the thousands of falcons hunters can catch in a day, the practice can be a considerable financial boon to these groups.

Since discovering the extent of Amur hunting in Nagaland this fall, Conservation India has taken the issue to the local Indian authorities.

"They have taken it very well. They've not been defensive," Sreenivasan said.

"You're not dealing with national property, you're dealing with international property, which helped us put pressure on [them]." (Related: "Asia's Wildlife Trade.")

According to Conservation India, the same day the group filed their report with the government, a fresh order banning Amur hunting was issued. Local officials also began meeting with village leaders, seizing traps and confiscating birds. The national government has also requested an end to the hunting.

Much remains to be done, but because the hunt is so regional, Sreenivasan hopes it can eventually be contained and stamped out. Authorities there, he said, are planning a more thorough investigation next year, with officials observing, patrolling, and enforcing the law.

"This is part of India where there is some amount of acceptance on traditional bush hunting," he added. "But at some point, you draw the line."

(Related: "Bush-Meat Ban Would Devastate Africa's Animals, Poor?")

Published November 27, 2012

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Powerball Fever Sweeps the Nation, Fuels Jackpot

The allure of the record $500 million Powerball jackpot has led to long lines across the nation at local mini-marts and gas stations, with Americans hoping their champagne and caviar dreams become a reality when the numbers are drawn tonight.

The jackpot was boosted Tuesday from $425 million to the now historic $500 million sum, which is expected to get sweeter as millions of Americans rush to the store for their last chance to purchase a ticket and become a multi-millionaire overnight.

Powerball officials tell ABC News they expect to sell more than 105,000 tickets every minute before the drawing. When the dust settles, more than 189 million tickets would have been sold for the half a billion-dollar jackpot. That's more than double the number sold for Saturday's $325 jackpot that nobody won.

ABC News was allowed access to the Powerball studios in Tallahassee, Fla., where the 11 p.m. ET drawing will take place. The closely guarded machines and balls are locked in a vault before the numbers are drawn and only a select few are allowed inside the room during the actual broadcast.

Anyone who enters or leaves the vault is documented and workers who handle the lottery balls wear gloves, worried that human touch might change what numbers are randomly drawn.

Cameras are located in every nook and cranny of the Powerball studio, spying on workers as they ready the machines for the big moment. Lottery officials in several states will be watching those feeds in real time to monitor the proceedings.

Not everyone has Powerball fever in the country as tickets for tonight's jackpot are not offered in eight states. But that has not stopped many Californians and Nevadans who have flocked to Arizona to get in on the action.

Lotto Fever: Going After $500M Powerball Jackpot Watch Video

Powerball Drawing No Winner; Jackpot Grows to $425 Million Watch Video

"I'd say the line has to be like three, three and a half hours," one person told ABC News while waiting online to purchase tickets Tuesday.

Still, the long lines have not deterred those who hope to dramatically change their lifestyle and make their wildest dreams become a reality.

"I'm going to the Bahamas and enjoying myself on an island," said one Powerball hopeful.

Chuck Strutt, executive director of the Des Moines, Iowa-based Multi-State Lottery Association, said the chance of getting a winner tonight is approaching 60 percent.

"We call it the redneck retirement fund cause sooner or later, somebody is going to," said one man.

There has been no Powerball winner since Oct. 6 – that's 16 consecutive drawings without a winner. It's the second-highest jackpot in US lottery history, behind only the $656 million Mega Millions prize in March.

Powerball tickets doubled in price in January to $2, and while the number of tickets sold initially dropped, sales revenue has increased by about 35 percent over 2011, according to the Associated Press.

Lottery officials put the odds of winning Wednesday's Powerball pot at one in 175 million. With so many people plaything this time around, some are worried it may hurt their odds.

"Your odds of being a winner are still the same. With so many people playing, it does mean are more likely to split the jackpot if you want," said Scott Norris, math professor at Southern Methodist University in Dallas.

Everyone who lines up with cash in their hand and dreams in their head seems to have a strategy in picking the winning combination of numbers. Or, do you simply let the computer pick for you?

"It doesn't matter. Your odds of winning are actually the same no matter who picks it," said Norris.
Norris says the only real advantage that can help someone is buying more tickets.

"Your odds increase directly proportional to the number of tickets you buy. So if you buy 100, your odds are 1 in 7 million, but still astronomically small," he said.

With odds so small in a game where just about anyone who plays is a loser, there is some hope for those living in Illinois and New Jersey. Both states have sold three winning tickets for jackpots worth at least $300 million.

A single winner choosing the lump sum cash option would take home more than $327 million before taxes.

ABC News' Steve Osunsami and Ryan Owens contributed to this report.

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Keeping the financial regulators on their toes

When members of Congress need factual information and insights into the effectiveness of the financial laws put in place after the 2008 economic crisis, they regularly turn to the Government Accountability Office (GAO) and Orice Williams Brown.

Initially as director and now as managing director of the GAO’s financial markets and community investment section, Brown and her staff have issued dozens of reports examining the flaws and offering recommendations to improve the $700 billion Troubled Asset Relief Program (TARP) bailout fund, the Wall Street regulatory reform law and the initiatives to prevent housing foreclosures.

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Japanese firm develops health monitor for dogs

TOKYO: Worried the family dog is too chubby?

Japanese information technology giant Fujitsu says it may have the solution with a new health management service that lets owners keep a close eye on their pet's exercise regimen through a pedometer attached to its collar.

The "Wandant" counts how many steps the pooch took during its latest outing, with the data then available online for pet owners' perusal, Fujitsu says.

"Wan" is Japanese for "woof", while "dant" comes from the word "pendant".

The device also measures the dog's temperature, while owners can use an online diary to track how much their dog is eating, its weight and "stool conditions".

"The data are presented graphically on a custom website that makes trends in the dog's activities easy to understand at a glance," according to the firm.

"This helps owners get a stronger sense of their dog's health, while enabling communication with the dog."

- AFP/il

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