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TOKYO ? Nintendo’s chief is determined to get right the launch of its next game machine, Wii U, set for this year’s holiday shopping season, and acknowledged Friday some mistakes with selling its 3DS handheld.

But Nintendo Co. President Satoru Iwata warned earnings for the fiscal year set to begin April will be the toughest ever for the Japanese manufacturer behind the Super Mario and Pokemon games.

Nintendo went against conventional wisdom with the original Wii in 2006. The quirky, cheap game console relied not on high-end graphics and complex buttons to lure in hardcore players, but on simple motion controls to lure in everyone.

Although the company successfully courted casual gamers with the Wii, it is now facing increased competition from Apple Inc.’s iPhone and other devices that offer simple games. It had hoped to win new gamers through a 3-D handheld device. But sales were slow, and Nintendo slashed prices on the 3DS within six months.

Iwata’s remarks come a day after it lowered its annual earnings forecast to a 65 billion yen ($844 million) loss, much larger than the 20 billion yen ($260 million) loss projected earlier. It posted a 77.62 billion yen profit the previous fiscal year.

Iwata blamed the strong yen, which erases overseas earnings, as well as the arrival of smartphones and other devices that offer gaming.

The higher yen slashed nearly 54 billion yen ($701 million) from the company’s operating profit for the April-December period.

“I can see how the red ink may be perceived as abnormal,” Iwata told analysts and reporters at a Tokyo hotel. “The environment has changed.”

The failure of the 3DS handheld to take off with enough momentum during the last quarter of 2011 was one of the main reasons for the dismal results, according to Iwata.

The 3DS has gradually started to sell better, but it took a price cut in August. It still lacks a strong lineup of attractive software games, a key factor for a machine to succeed in a big way.

Iwata vowed the company will be better prepared when it introduces the Wii U home console during the 2012 year-end shopping season for a strong comeback.

He declined to give details such as pricing or what the software games available at that time might be.

But he said the Wii U will come with a strong game lineup at the launch as well as secure and safe Internet services that will offer players individual accounts.

The Wii U will come with new ways of playing that will almost make the term “home console” obsolete, Iwata said. It will also offer mobile gaming. The machine has a touch-panel controller.

Nintendo has long competed against rival game makers, such as Sony Corp. and Microsoft Corp. These days, all face the threat from hit devices like the iPad and iPhone from Apple Inc. that also offer games.

Iwata’s comments also showed Nintendo is growing less cautious about the Internet, which in the past it had brushed off as mainly for hard-core gamers.

Kyoto-based Nintendo has built its reputation on making games fun to play for casual and newcomer players.

“We are going to put to use our bitter experience with the 3DS,” said Iwata.

___

Follow Yuri Kageyama at http://twitter.com/yurikageyama

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20120127/ap_on_hi_te/as_japan_nintendo

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NEW YORK ? Apparently enough water has flowed under the bridge for Barbara Walters and Star Jones to reunite for a day.

“The View” announced on Wednesday that Jones will appear on the daytime talk show on Feb. 22 to promote an awareness campaign about heart disease among women.

Walters and Jones had a falling out in 2006 when Jones, one of the five original co-hosts of the daytime chat show, exited “The View.” ABC decided not to renew her contract and Jones took Walters by surprise by announcing on June 27 that she would be leaving the show.

That exit came more quickly than expected. Walters wouldn’t allow her back the next day.

Walters later said that Jones had compelled her co-hosts to lie for her by not revealing that Jones had undergone gastric bypass surgery while on “The View.” Jones took her own shots, criticizing Walters for writing an autobiography that revealed details of an affair.

The women later had something serious in common. Both underwent open heart surgery to repair faulty heart valves within two months of each other in 2010.

Jones is coming back to the show to discuss her involvement in the American Heart Association’s “Go Red for Women” public information campaign. Women are asked to wear red on Feb. 3 to support heart patients.

Source: http://us.rd.yahoo.com/dailynews/rss/celebrity/*http%3A//news.yahoo.com/s/ap/20120125/ap_en_ot/us_people_star_jones

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WASHINGTON (Reuters) ? President Barack Obama’s bid to get millionaires and multinational companies to pay more taxes may play well with many voters but it faces long odds in the deadlocked U.S. Congress.

Obama used his State of the Union speech on Tuesday to press the case for a new minimum 30 percent tax on Americans earning more than $1 million a year and for tougher treatment of corporations that move jobs out of the United States.

At the same time, he called for tax credits to lure jobs back to the United States.

“Right now, companies get tax breaks for moving jobs and profits overseas,” Obama said. “Meanwhile, companies that choose to stay in America get hit with one of the highest tax rates in the world.”

Obama, facing a tough re-election campaign, for several years has called for steeper taxes on corporations’ foreign profits and closing what he calls tax loopholes that also benefit multinational companies.

Most of these ideas have stalled for years in Congress – even some Democrats say they can wait for a complete overhaul of the tax code.

A tax lobbyist affiliated with Democrats said real debate over the proposed tax changes would have to wait until after the November 6 presidential and congressional elections.

“They would only likely stand a chance in a broader corporate tax reform debate and I just don’t think that tax reform is in the cards,” the lobbyist said.

Obama and Republicans both say the tax code needs a major rewrite and lawmakers are laying the groundwork for such a reform, but the process is expected to take years. The 35 percent U.S. corporate rate is among the highest in the world and critics say it harms business competitiveness.

Obama is calling for a number of tax policies that could in theory appeal to Republicans, in the name of boosting the flagging economy. For example, he wants to trim tax rates for manufacturers and double a tax deduction for high-tech manufacturing – ideas that might gain some bipartisan backing.

But even that is unlikely in the current environment.

“Tempted as they may be by more tax cuts, anything that smacks of a deal with Obama, or a victory for Obama, especially one that undercuts their theme – however detached from the reality – that Obama is a tax-increaser, will be reflexively resisted by Republicans in both houses,” said Norm Ornstein, a congressional watcher at the conservative American Enterprise Institute.

BUFFETT RULE

Probably the biggest tax change Obama outlined is a revamp of what he has called the Buffett rule, named for billionaire investor Warren Buffett, to ensure the wealthy pay what he calls a fair share of taxes. Obama proposed a minimum 30 percent tax on millionaires, and eliminating many tax deductions for them – including for housing, healthcare and childcare.

Buffett’s secretary – famous for her boss’s observation that she pays a higher tax rate than he does – sat in the congressional gallery as a guest of the White House to underscore the point.

A minimum 30 percent tax rate would be about twice the tax rate paid by Republican presidential candidate Mitt Romney in the past two years, according to filings he released on Tuesday.

Lower tax rates enacted under former Republican President George W. Bush are set to expire at the end of this year, setting up a fight over extending them in late 2012.

Obama and Democrats want to let the lower rates for the wealthy expire. Obama said given steep budget deficits, Americans face a choice.

“Do we want to keep these tax cuts for the wealthiest Americans? Or do we want to keep our investments in everything else?” Obama asked.

The top individual income tax rate is now 35 percent, but the superwealthy can enjoy lower rates in some cases if they earn most of their income from investments – as does Romney – which are subject to a 15 percent rate.

A version of Obama’s so-called Buffett rule has been promoted by Democrats in Congress as a way to pay for extending the payroll tax cut, but has no chance of passing.

Obama had previously proposed limiting deductions for wealthier Americans to a certain percentage of their income, but he went further in Tuesday’s speech to advocate cutting out certain tax breaks completely for millionaires.

Even before Obama spoke, Republicans were blasting the speech as a campaign event.

“No Bailouts, No Hand-outs, And No Cop-outs,” read one congressional Republican press release.

(Editing by Mohammad Zargham)

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/nm/20120125/ts_nm/us_usa_obama_speech_taxes

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By Daniel Wagner, Associated Press

The Dow Jones industrial average was trading near its highest close since the 2008 financial crisis Thursday afternoon after solid news on factory orders and strong earnings from U.S. manufacturers highlighted the economy’s growing momentum.

Broader market indexes edged lower, though they are also sharply higher this year. Traders appear less afraid of spillover damage from the European debt crisis, and data on jobs and manufacturing have been consistently strong.

“With global risk off center stage and attention going back to the fundamentals, this market was ready to explode, which is exactly what it is doing,” said Doug Cote, chief market strategist with ING Investment Management.

Before the market opened, the government reported that unemployment claims rose only modestly last week after a steep decline the week before. The long-term trend still indicates an improving job market.

Orders to factories for long-lasting manufactured goods increased in December for the second straight month, and a key measure of business investment rose solidly.

That strong demand was apparent in quarterly earnings reports from U.S. manufacturers. 3M stock rose 1.1 percent after its fourth-quarter profit beat Wall Street’s estimates.

Caterpillar, the world’s biggest heavy equipment maker, soared 3 percent, the most of the 30 companies in the Dow, after beating analysts’ estimates last quarter. The company expects to do the same this year as global demand remains high.

Approaching 1 p.m. on Wall Street, the Dow Jones industrial average was up 14 points, or 0.1 percent, at 12,771 shortly after noon. 3M and Caterpillar led the gains.

The Dow is within reach of its post-financial crisis high of 12,810, reached in April 2011. The last time it closed higher than that was on May 20, 2008, when it settled at 12,826. The Dow’s post-crisis high during the trading day was 12,928, reached in May 2011.

The Dow is up nearly 5 percent so far this year. The S&P 500 and Nasdaq have gained even more.

The Dow would need to rise another 11 percent to get to its record high close of 14,164, reached on Oct. 9, 2007.

The Standard & Poor’s 500 index fell three points to 1,322. It was dragged lower by volatile financial companies and telecommunications firms. The Nasdaq composite index shed seven points to 2,811.

AT&T fell 2 percent, by far the most of the 30 companies in the Dow, after its earnings missed Wall Street’s forecasts. The company remains heavily dependent on the Apple iPhone, which it pays to subsidize, but recently lost its exclusive rights to sell the phone in the U.S.

Stocks had their highest close in eight months Wednesday after the Federal Reserve said it plans to keep interest rates extremely low until late 2014 to encourage lending and investment and support the economic recovery.

The announcement lifted investments across many markets and continents. Bond prices rose in the U.S. and Europe. So did commodities, the euro, emerging market currencies and European stocks.

The yield on the 10-year Treasury note fell to 1.95 percent from 1.99 percent late Wednesday. The prospect of more bond-buying by the Fed helped make Treasurys more attractive. A bond’s yield falls as demand for it increases.

A strong bond auction by Italy also brightened Europe’s outlook, signaling to investors that lenders believe Italy will not be dragged into the debt crisis. And Greece resumed talks with its lenders over writing off some of its crushing debt.

Benchmark indexes in France, England, Germany and Italy closed up 1 to 2 percent

Source: http://bottomline.msnbc.msn.com/_news/2012/01/26/10243582-dow-approaches-highest-level-since-2008-crisis

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By Krystal D’Costa?| January 26, 2012 |??

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Part of my online life includes editorial duties at ResearchBlogging.org, where I serve as the Social Sciences Editor. Each Thursday, I pick notable posts on research in anthropology, philosophy, social science, and research to share on the ResearchBlogging.org News site. To help highlight this writing, I also share my selections here on AiP.

Bloggers in the social sciences have been busy in the last week. You?ll find no shortage of interesting posts. There were some tough calls to make, but choose I must:

• The fall of one of the most powerful empires to have existed continues to fascinate us 1500 years after the fact. At Powered by Osteons, Kristina Killgrove investigates whether lead poisoning might have played a role in the Roman Empire?s undoing.

• One in ten people are on the spectrum for dyslexia. Dr. Stuart Farrimond makes a brief case for the genetic preservation of dyslexia, suggesting that it would have granted our evolutionary ancestors much needed benefits for survival in a world that was vastly different from out.

• Have you ever been in a situation where you just didn?t feel smart? Greg Laden explains that intelligence may be a socio-cultural signal that varies from context to context.

• What big teeth you have, A. bosei! At Lawn Chair Anthropology, Zachary Cofran tries to make sense of A. bosei?s dentition, which does not seem suited for its diet.

I?ll be back next week with more from anthropology, philosophy, and research.

About the Author: Krystal D’Costa is an anthropologist working in digital media in New York City. You can follow AiP on Facebook. Follow on Twitter @krystaldcosta.

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The views expressed are those of the author and are not necessarily those of Scientific American.

Source: http://rss.sciam.com/click.phdo?i=5ba74019b422975348d70424cd2df229

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? ?Associated Press. All Rights Reserved.

Source: http://hosted2.ap.org/apdefault/4e67281c3f754d0696fbfdee0f3f1469/Article_2012-01-26-Film-Sundance-Ice-T/id-6facdbc43f7d4c9fae6548d1fc46d6ca

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Defying a history of?anti-Catholicism, evangelical leaders recently endorsed GOP presidential candidate Rick Santorum (a Catholic), and South Carolina Evangelicals voted Catholic Newt Gingrich to victory in their primary. Will Mormon Mitt Romney be next to win them over?

Many years ago, one of my best history teachers gave me advice I have never forgotten. ?Don?t just listen to what people say,? he urged. ?Listen to what they leave out, too.?

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I thought of this remark as I read news reports about Newt Gingrich?s victory in South Carolina?s GOP primaries last weekend. In a state where evangelical Christians make up 65 percent of Republican voters, 44 percent of Evangelicals cast their ballots for Mr. Gingrich. Tied for second were Rick Santorum and Mitt Romney, who each received 21 percent of the evangelical vote.

Several news outlets reminded readers that Mr. Romney is a Mormon rather than an Evangelical, which could have hurt his showing among conservative Protestants. Going forward, so might his recently released tax returns, which revealed that Romney and his wife donated more than $4 million to the Church of Jesus Christ of the Latter Day Saints in 2010 and 2011.

But here?s what almost nobody noted: Gingrich and Mr. Santorum aren?t evangelical Christians, either. They?re Catholics.

Their evangelical backing is a truly astonishing fact, given the long history of anti-Catholicism among evangelical Protestants in America. For more than three centuries, Evangelicals insisted that Catholicism represented a mortal threat to the body politic. But over the past three decades, they have joined hands with their former foes to change the face of politics altogether.

Start with Puritan New England, where ministers taught their flocks that the Pope was the ?Beast of Rome? ? that is, Satan incarnate. ?This is a Catholick Church of the Devil, but not of Christ,? preached the Cambridge-educated John Cotton, who migrated to Massachusetts Bay Colony in the 1630s.

After America split off from England, evangelical clergy added a new charge: that Catholicism was incompatible with democratic self-rule. According to Connecticut minister Lyman Beecher, whose daughter Harriet would author the anti-slavery classic Uncle Tom?s Cabin, Catholicism was itself a system of mental and theological enslavement. Whereas Protestants thought for themselves, Beecher said, Catholics yoked their minds ? and their souls ? to Rome.

In the 1930s, when fascism enveloped Germany and Italy, American Evangelicals blamed the allegedly authoritarian tendencies of Catholics in both countries. And when a new totalitarian enemy arose in the 1950s, critics likened America?s Communist enemy to, yes, Catholicism. Both institutions brainwashed Americans and bound them to a ?foreign? power, the story went, whether in Moscow or Rome.

Anti-Catholicism was still so strong in 1960 that John F. Kennedy had to make a speech assuring voters that, if elected president, he would not take ?instructions on public policy from the Pope.? But relations started to warm in the 1970s, when the Supreme Court?s Roe v. Wade decision brought conservative Protestants and Catholics into the pro-life movement.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/d-I3o-J8sl4/Evangelicals-now-vote-for-Catholics.-Will-they-also-vote-for-a-Mormon

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MELBOURNE, Australia ? Rafael Nadal outlasted Roger Federer 6-7 (5), 6-2, 7-6 (5), 6-4 in an Australian Open semifinal on Thursday night, the longtime rivals playing with the intensity normally displayed when meeting in a Grand Slam final.

The stars who met in eight Grand Slam finals were on the same side of the draw for the first time at a major since 2005.

Two weeks ago, Nadal injured his right knee and wasn’t sure he’d be able to start the tournament. Now, he can barely believe he’s in the final.

“If you tell me that two Sundays ago, I really cannot imagine,” Nadal said. “For me, it’s a dream to be back in a final of the Australian Open.”

Nadal will have the opportunity to win another championship on Sunday night when the Spanish left-hander plays the winner of the semifinal Friday between defending champion Novak Djokovic and Andy Murray.

Earlier Thursday, Maria Sharapova overcame Petra Kvitova to advance to the women’s final against Victoria Azarenka. Sharapova broke Kvitova’s serve in the last game to finish off a 6-2, 3-6, 6-4 victory and the third-seeded Azarenka beat defending champion Kim Clijsters 6-4, 1-6, 6-3 to set up a Saturday night final at Rod Laver Arena that will decide the No. 1 ranking.

Nadal, who holds a 6-2 edge in Grand Slam finals against Federer, made the key service break in the ninth game of the fourth set, making an incredible cross-court forehand winner from well behind the baseline, then watching as Federer hit a backhand wide to give Nadal a 5-4 lead.

Serving for the match, Nadal moved two points away from the win when Federer sent a backhand long. He won on his second match point when Federer floated a forehand long.

At the end, Nadal smashed a ball up high in the stadium, almost clearing the roof. He then applauded along with the crowd when Federer walked off.

The 25-year-old Spaniard won the 2009 Australian title but lost in the quarterfinals in his next two trips to Melbourne Park. Federer hasn’t added to his record 16 Grand Slam titles since he won the 2010 Australian Open.

“I thought Rafa played well from start to finish,” Federer said. “It was a tough match physically as well. I’m disappointed, but it’s only the beginning of the season. I’m feeling all right, so it’s OK.”

When the often enthralling play was suspended for 10 minutes late in the second set for an Australian Day fireworks display, Federer seemed to be affected most. Nadal led 5-2 at the time, and Federer lost his serve in the next game to give the Spaniard the set. In all, the Swiss dropped 11 points in a row.

“It’s tough, it’s not helpful, that’s for sure,” Federer said of the break for the fireworks. “They told us before, so it was no surprise. But I knew it was a lot of points in a row that I lost.”

The capacity, 15,000-strong crowd was evenly split in its support, with the names seeming to blur after the R in rival chants.

Each time somebody called out for Rafa, it was met by a response for Roger. The cheers were just as loud for Nadal’s scrambling, sometimes astonishing, passing shots as for Federer’s deft winners.

With the players on serve in the second set, Nadal went so far wide on a Federer return that he was near the side wall of the arena. Incredibly, he stretched wide and returned the ball crosscourt for a winner. That set up three break points and Nadal clinched the game to take a 4-2 lead in the second set.

Federer saved a set point in the 11th game of the third set that eventually forced a tiebreaker. But Federer made three unforced errors in the tiebreaker to give Nadal a 6-1 lead, and the Spaniard eventually clinched the set on his last opportunity of five set points.

“Please win the point, that’s all,” Nadal recalled when asked what he was telling himself at 6-5 in the tiebreaker. “I was very, very nervous at that moment. Losing four set points in a row is tough, especially when you play the toughest in history.”

Both players were asked if they bring out the best in each other.

“I don’t know if it’s true … it’s my assumption,” Federer said. “I feel he plays really good against me. He’s also got a winning record against me which maybe gives him extra confidence. I think he has a clear plan and he follows that one very well.”

Nadal said that’s not the case.

“I don’t play my best tennis because it’s Roger in front, I play my best tennis because I am ready to play my best tennis,” Nadal said. “It’s true I played a lot of good matches against him during my career … but I believe that he played a few fantastic matches against me, too.”

Clijsters was in the crowd, only hours after her title defense ended. And Ivan Lendl was at Rod Laver Arena for a second night, scouting opponents again as Murray’s coach. So were former Australian greats Laver, Ken Rosewall and Pat Rafter.

Sharapova lost to second-ranked Kvitova in the Wimbledon final last year, her first major final since returning from an injury layoff following a shoulder operation in 2008. She has won three majors, but none since the 2008 Australian Open.

“In the third set, I felt she always had the advantage because I was always down on my serve,” said Sharapova, who served five double-faults in the third set and 10 in the match. “I just told myself ‘You just gotta go for it, don’t let her finish off the points like she likes to.’”

Azarenka won the first semifinal after twice recovering from periods when a resurgent Clijsters seemed to have the upper hand, to secure victory in only her second appearance in a major semifinal.

“I felt like my hand is about 200 kilograms and my body is about 1,000 and everything is shaking, but that feeling when you finally win is such a relief. My God, I cannot believe it’s over. I just want to cry,” Azarenka said as she choked back tears, then buried her face in a towel.

Clijsters is popular in Australia, where she’s widely known as “Aussie Kim” after dating Lleyton Hewitt years ago. She had most of the backing from the crowd on the national holiday in what is likely to be her last Australian Open.

Azarenka held her nerve despite the crowd and playing against a proven big-match player. Clijsters has won four majors and has defended a Grand Slam title ? winning the U.S. Open in 2009 and ’10. To reach the semifinals, the Belgian saved four match points despite a sprained ankle to beat French Open champion Li Na in the fourth round and beat top-ranked Caroline Wozniacki in the quarterfinals.

“I guess before you all thought I was a mental case,” Azarenka said in a courtside interview. “I was just young and emotional. I’m really glad the way I fight, that’s the most thing I’m really proud of. I fight for every ball.”

Wozniacki will vacate top spot in next week’s rankings after her quarterfinal loss, leaving either No. 3 Azarenka and No. 4 Sharapova a chance to move to the top.

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20120126/ap_on_sp_te_ga_su/ten_australian_open

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Link Information – Click to View

Strange Forgotten Space Station Concepts That Never Flew
Astronauts living and working in space rely on the International Space Station as their port of call. The iconic ISS is a modern engineering triumph, zipping around the Earth every 90 minutes at a height of 200 miles above the surface.

Source: Wired
Posted on: Tuesday, Jan 24, 2012, 8:19am
Views: 33

Source: http://www.labspaces.net/116991/Strange_Forgotten_Space_Station_Concepts_That_Never_Flew

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Salt Lake City, Utah — (SBWIRE) — 01/24/2012 — If you are tired of trying to sort out all of the claims made by individual car insurance companies, the folks at Get Auto Insurance completely understand your frustrations. That’s why they set up an easy-to-use website that filters out all the noise by using automated technology to submit the details of your car, drivers and policy options directly to multiple providers. At Get Auto Insurance you won’t see cute little mascots; you won’t hear cute little jingles; and you won’t be constantly subjected to a dozen different car insurance companies claiming they’ll all save you the most.

What you will find is a website dedicated to helping you find cheap auto insurance in your state. The site offers a good selection of information articles designed to keep you informed about the realities of the car insurance industry. You’ll find information about insuring teenage drivers, finding car insurance for vintage and classic cars, and so much more. And of course, you’ll find the Get Auto Insurance quote tool which can help you begin the process of finding affordable car insurance as soon as you’re ready to start.

The website quote tool utilizes the latest technology to collect your information and get it directly to the insurance companies who fight for your business. Start the process by just entering your zip code. At Get Auto Insurance they know your time is valuable. Their website has been streamlined to help you make maximum use of your time so you don’t spend hours upon hours looking for affordable car insurance.

Please keep in mind that Get Auto Insurance is not an insurance company offering policies to drivers. They are a fully independent entity that simply collects the information provided by participating users. You will need to choose from the list of quotes you receive from the insurance companies and deal with them directly. Furthermore, while the initial quotes you may receive might be fairly close, they probably won’t be accurate down to the penny. The insurance company you eventually choose will have to verify your information and calculate a final price for you.

About GetAutoInsurance.net
Get Auto Insurance combines the best of Internet technology along with a desire to help America’s drivers in a website that makes finding affordable car insurance easy. The site’s owners are committed to cutting through all of the clutter and hype in order to help budget conscious customers find out what they will really pay for their insurance. To that end, their website provides useful information and an insurance quote tool, all in a package that is easy to use and extremely quick. You may contact the folks at Get Auto Insurance if you have further questions or comments.

Source: http://www.sbwire.com/press-releases/get-auto-insurance-helps-budget-conscious-consumers-find-affordable-auto-insurance-123857.htm

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