Russian researchers in Antarctica are on the verge of piercing a hole through two miles of ice into an ancient lake, untouched by the light of day for some 20 million years. But it'll be a delicate process to break through without disturbing the pristine waters. Guest host David Green speaks with Antarctic researcher John Priscu about the process.
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Apple?s all-in-one physical flat-screen iTV is coming, make no mistake. And, when it does, it will represent Apple?s attempt to reinvent the television experience in much the same way it did for music. But, while media execs were hopelessly naive in Apple's presence back then, they feel they are ready this time. They are determined not to let Apple rule the premium online video world like they did (and still do) for online music. The question is, do they have the will?Source: http://feedproxy.google.com/~r/Techcrunch/~3/d1gsyRsKAgI/
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Well, I don't know, Mr. AC. To which "people" do you refer? Most "people" I know in astronomy define an "aperture" in the same way Wikipedia does [wikipedia.org]:
[T]he aperture stop is the stop that determines the ray cone angle, or equivalently the brightness, at an image point.
In some contexts, especially in photography and astronomy, aperture refers to the diameter of the aperture stop rather than the physical stop or the opening itself. For example, in a telescope the aperture stop is typically the edges of the objective lens or mirror (or of the mount that holds it). One then speaks of a telescope as having, for example, a 100 centimeter aperture. [emphasis added]
Most astronomers I know actually would, in fact, tell you that aperture masking turns a 10m aperture into a cm-range aperture, since the sensitivity of the resulting telescope would be that of one having a much smaller diameter. That's how most cameras work . . . f-stops, anyone?
Strictly speaking, the usual use of the word "aperture" in astronomy actually means
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BEIJING (Reuters) ? Four floors up overlooking the bustle of the cavernous Joy City Mall in Beijing, diners take a break from shopping to slurp noodles and nibble on dumplings at an Ajisen restaurant.
It's an increasingly common sight: Chinese consumers turning to local fast-food alternatives to the long-dominant pair in China -- Yum Brands Inc's (YUM.N) KFC and McDonalds Corp (MCD.N).
Twenty-five years after Yum introduced China to American-style fast food with its first fried chicken store, the two U.S. giants are facing a plethora of Chinese and Asian eatery chains that are steadily munching away at their market share.
As Yum prepares to announce fourth-quarter earnings on Monday, some investors are eyeing its China operations warily. Last week saw a flurry of put options on Yum after McDonalds reported earnings and said foreign exchange fluctuations and other factors could eat into profits in 2012.
But Yum's China business seems robust. The company said on December 5 that it expects a benefit of $40 million this year from yuan-dollar exchange rates, while operating profit in China is expected to grow 15 percent. It plans to open 600 more locations in China in 2012 at a pace of more than one every day.
China accounted for 36 percent of Yum's global revenue in 2010 and is estimated to be 44 percent in 2011 and 50 percent in 2012, according to Credit Suisse.
Yum's biggest challenge comes from a rising torrent of competition as Chinese consumers increasingly have more money to spend and more places to spend it, which could mean slowing growth rates for Yum in the future.
At the Ajisen outlet, stacked above a Starbucks coffee shop and a Burger King restaurant, shoppers headed in and out all afternoon.
"We were just browsing, and stopped here by chance to eat," said Sun Haihao, 30, an engineer from Sichuan province who was visiting Beijing.
He's been to Ajisen, a Japanese-style restaurant run by Ajisen (China) holdings Ltd (0538.HK) and KFC in Mianyang city where he lives. "KFC can be too oily," Sun said. "Ajisen is Asian, so we're used to it."
GROWTH OUTPACES CHINA'S GDP
A recent Reuters poll showed that economists expect China's GDP to grow 8.4 percent this year, down from 9.2 percent in 2011. Meanwhile the quick-service restaurant industry is expected to grow around 15 percent, meaning further revenue growth for Yum and McDonalds, even as their market share declines, according to market research firm Mintel.
"KFC and McDonalds are growing outlet numbers, but so are domestic and foreign chains plus independents," says Paul French, Mintel's chief China analyst. "The pie is bigger, but the number of players wanting and getting a slice of it are bigger too. A rising tide does not necessarily raise all boats."
Ajisen is among the legion of upstarts, which include fellow Japanese entrant Yoshinoya (9861.T); Taiwan-owned Dico's restaurants and 85 Degrees Bakery; Burger King (BKCBK.UL), Dairy Queen and Papa John's Pizza (PZZA.O) from the United States; South Korean-owned Paris Baguette and Tous Les Jours bakeries; and a host of Chinese chains such as Golden Jaguar, Yonghe King and Country Style Cooking (CCSC.N).
Many are growing fast, albeit from a smaller base. Ajisen (China) reported a boost in first-half restaurant income last August of 40.8 percent to HK$1.6 billion ($206 million).
Country Style Cooking, a family-style chain offering casual cuisine and focused on western China, increased its locations by 63 percent in 2011, according to China Market Research. Meanwhile, the number of all of Yum brand restaurants in China last year grew 13 percent.
SUCCESS STORY
Louisville, Kentucky-based Yum, whose restaurants in China also include Pizza Hut, East Dawning and a stake in Little Sheep, plus Taco Bell and others in the United States, has had remarkable success in China.
It was the first foreign fast-food restaurant chain to set up business here, opening a fried chicken outlet in Beijing in 1987. Today it is by far the largest with nearly 3,500 KFC locations across China, and more than 4,200 restaurants in all, well ahead of McDonalds' 1,400 locations.
"KFC restaurants are more profitable than any of its competitors and generate about four times as much revenue per restaurant as its U.S. locations," says James Roy, senior analyst at China Market Research, a Shanghai-based consultancy. "No other competitor can come close to adding the number of restaurants per year it can," Roy said.
Yum itself said at the end of the third quarter, "We consider China to be the greatest restaurant opportunity of the 21st century."
Yum executives were not available to comment further because of the regulatory quiet period before the earnings announcement.
Yum's 2011 China revenue to be announced on Monday is expected to rise 23.3 percent, a slower pace from 32.6 percent a year before, according to Credit Suisse.
But China is Yum's growth engine. The company's chief executive, David Novak, said in December that he expects China to lead global profit gains, projected to be up 13 percent for 2011 "despite our disappointing U.S. results" and up 10 percent for 2012, excepting special items.
Rising affluence of the Chinese consumer is behind China's flourishing casual dining market, according to Yuval Atsmon, a Shanghai-based consultant with McKinsey & Co.
"Look at the population of the upper middle class with an income of more than 100,000 RMB ($15,800) a year. It's now 15-20 million households, but it will be over 75 million households in five years," Atsmon says.
(Editing by Ken Wills and Matt Driskill)
Source: http://us.rd.yahoo.com/dailynews/rss/china/*http%3A//news.yahoo.com/s/nm/20120203/bs_nm/us_china_yum
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A garage is the perfect home for all sorts of items and activities
from storing sporting equipment to tools and machines; and
its original purpose for car parking to activities like a home-office,
a gym or a workshop. If your garage is only used for storage rather than
other activities it really needs some shelves for organization.
Usually garage shelves can be found in two main forms: site-built
and prefabricated. Site-built shelves are usually less expensive and
allow you to adapt the sizes to the space available. You can find
everything that you need at the local home center, lumber yard,
discount store or hardware store.
One of the basics of the garage shelves is made of a simple piece of plywood or a length of 1x or 2x lumber on a set of heavy-duty
shelf brackets. This is mounted by attaching the brackets to the
studs directly using long screws then by attaching the shelf to the
brackets. To strengthen the shelf you can add a brace at each stud.
Another type of shelves are the floor-supported ones. One method
is to run vertical 2x4s every 50 inches and resting them on the
floor and attaching them to the rafters or ceiling joists at the top. In
addition, the 2x4s are run horizontally on edge between the
uprights then a particleboard is used to create the shelve. The most
commonly used dimensions are 19-25 inches for depth and the spacing
between 2x4s is usually on 25 inches but of course, these sizes can
be changed to accommodate the size of the items that you are
storing.
For storing small items you should take into consideration the
space between the studs. By attaching a series of 1?2 strips
horizontally to the inside edges of two adjacent studs
approximately 6 inches apart, cutting some 1?4 and 1?6 pieces of
lumber and fitting them between studs and slipping them on top of
the 1x2s you can create some small adjustable shelves. These are
great for jars, cans and bottles and also for other small and light
items. The small shelves are great for organizing and storing screws
and nails.
The best choice when building prefabricated garage shelves is
Steel shelving. Plastic shelving may be enough for storing light
Weight items but in time you may need something more
resistant for storing heavier items. One disadvantage of the steel
shelving is that they cannot be cut to size so they have standard
widths, depths and heights so you have to choose something that
fits within your available space.
Adjustability is another important consideration in prefabricated
shelving. Prefabricated shelves should be adjustable to at least two
different locations within the shelving framework and also the pins
for adjusting should be heavy duty and should have something in place
for preventing them from working loose or becoming accidentally
dislodged.
Another thing to be taken into consideration when opting for
prefabricated shelves, especially those designed for heavy loads,
is that they may require a wall attachment or other support
against tipping.
If you need to find out more about competent corner shelf installation, then visit Maynard First?s site on how to choose the best methods for home improvement.
This entry was posted on Friday, February 3rd, 2012 at 2:01 pm by Maynard First and is filed under Furniture. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.
Source: http://centired.com/2012/02/maximizing-storage-space-in-your-garage/
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NEW YORK (Reuters) ? Stocks rallied on Wednesday as upbeat economic data out of China and Germany eased concerns about the global economy and Greece neared a long-delayed deal on a debt swap.
A weak outlook from Internet heavyweight Amazon limited gains on Nasdaq.
China's factory sector expanded slightly in January, confounding expectations for a contraction and supporting hopes the world's second biggest economy will avoid a hard landing. Separately, Germany recorded its first rise in manufacturing output in seven months.
U.S. economic data was mixed. The pace of growth in the U.S. manufacturing sector picked up in January to its highest level since June as new orders improved.
But the ADP National Employment Report showed the pace of private sector job creation slowed more than expected in January after a sharp gain the month before.
The Dow Jones industrial average (.DJI) jumped 135.74 points, or 1.07 percent, at 12,768.65. The Standard & Poor's 500 Index (.SPX) was up 13.42 points, or 1.02 percent, at 1,325.83. The Nasdaq Composite Index (.IXIC) rose 19.74 points, or 0.70 percent, at 2,833.58.
"The market is bullishly higher, given the strong data from China and Europe, ADP may have tempered some enthusiasm and set up some trepidation for what Friday's (government) payroll report might hold," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia. "There is brinksmanship between the optimism and a reserved posture for the labor market."
Amazon.com Inc (AMZN.O) slid 9.5 percent to $176, limiting gains on the Nasdaq a day after the online retailer warned of a possible first-quarter loss and posted a steep drop in fourth-quarter profit.
Banks continued to rally on signs of euro zone progress. U.S.-traded shares Deutsche Bank (DB.N) climbed 4.2 percent to $44.51 while Citigroup Inc (C.N) rose 2.9 percent to $31.61 and Morgan Stanley (MS.N) added 4.5 percent to $19.48.
Greek Finance Minister Evangelos Venizelos said talks between Greece and its private creditors were "one formal step away" from a deal needed to avoid a messy default.
Earnings continued to be a mixed bag. According to Thomson Reuters data, of the 204 companies in the S&P 500 that have reported results so far, 59.8 percent topped estimates, tracking below the beat rate at this stage of the earnings season in recent quarters.
Aetna Inc (AET.N) posted sharply higher quarterly profit in line with Wall Street's target, sending shares up 3.3 percent to $45.16.
Whirlpool Corp (WHR.N) surged 11 percent to $60.32 after giving an optimistic full-year outlook.
Facebook is expected to submit paperwork to regulators Wednesday morning for a $5 billion initial public offering and selected Morgan Stanley (MS.N) and four other bookrunners to handle the mega-IPO, sources said told Reuters unit IFR.
Despite the gains, recent market action suggested they could be ephemeral, with continued vo1latility and lower trading volume adding to the mix.
(Reporting by Ryan Vlastelica; editing by Jeffrey Benkoe)
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