PFT: New blackout rule forces tough decisions

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Each of the four players suspended in connection with the bounty case need a so-called preliminary injunction in order to delay their suspensions once the regular season begins.? For three of them, a ruling isn?t needed until Week One, since Saints defensive end Will Smith, Packers defensive end Anthony Hargrove, and Browns linebacker Scott Fujita can participate in training camp and the preseason before sitting out games.

For Saints linebacker Jonathan Vilma, time is of the essence, because his suspension begins right away, blocking him from training camp and the preseason.

And so Vilma?s lawyer, Peter Ginsberg, currently is trying to get a temporary restraining order pending a hearing on the preliminary injunction.

It?s a separate question than whether the players will get their suspensions overturned.? The issue turns on whether the players should be permitted to keep working while the legal process unfolds.

It?s the same analysis that delayed the StarCaps suspensions several years ago.? Though several factors apply, the key question is whether the players will suffer ?irreparable harm? if suspended now and vindicated later.? In other words, is there anything the court could do after the fact to put the toothpaste back in the tube?

In StarCaps, the answer was no.? Though the players? pay can be refunded, there?s no way to allow the players to go back and play in the games they missed.

Given that the review of Commissioner Roger Goodell?s handling of the appeals shouldn?t take much time (as legal cases go), the bigger question becomes whether the injunction would continue on appeal, if the players lose at the district court level.? If so, there?s a good chance none of the suspensions will be served this year, since the appeal process typically takes several months to complete.

Still, with the Hall of Fame game exactly one month away (the Saints play the Cardinals on August 5) and New Orleans training camp coming in just a couple weeks, Vilma needs an injunction sooner rather than later.

Source: http://profootballtalk.nbcsports.com/2012/07/05/new-blackout-rule-forces-tough-business-decisions/related/

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Obama July 4th Speech: Military Members 'Represent What Is Best In America'

The Empire State Building, illuminated with red, white and blue lights, is seen from the Queens borough of New York, backlit by fireworks lighting up the sky over the Hudson River, during the Macy's Fourth of July fireworks show Wednesday, July 4, 2012, in New York. (AP Photo/Frank Franklin II)

Fireworks explode over the Philadelphia Museum of Art during an Independence Day celebration, Wednesday, July 4, 2012, in Philadelphia. (AP Photo/Matt Rourke)

Fireworks light up the sky over the Philadelphia Museum of Art during an Independence Day celebration, Wednesday, July 4, 2012, in Philadelphia. (AP Photo/Matt Rourke)

Fireworks illuminate the night sky over

Fireworks illuminate the night sky over the Washington Monument and the Capitol Dome (bottom) during Fourth of July celebrations in Washington, DC, on July 4, 2012. Independence Day, commonly known as the Fourth of July, is a federal holiday in US commemorating the adoption of the Declaration of Independence on July 4, 1776, declaring independence from the Kingdom of Great Britain. AFP PHOTO/Jewel Samad (Photo credit should read JEWEL SAMAD/AFP/GettyImages)

Fireworks Light Up Skies Over NYC On Fourth Of July

NEW YORK, NY - JULY 04: Nicola McIntosh holds Jada Weekes as they watch the fireworks display along the Hudson River from Manhattan on July 4, 2012 in New York City. Revelers around the country are celebrating the nation's independence. (Photo by Mario Tama/Getty Images)

Bill Sandidge, Nancy Koughan

Fireworks illuminate the night sky duri

Fireworks illuminate the night sky during Fourth of July celebrations in Washington, DC, on July 4, 2012. Independence Day, commonly known as the Fourth of July, is a federal holiday in US commemorating the adoption of the Declaration of Independence on July 4, 1776, declaring independence from the Kingdom of Great Britain. AFP PHOTO/Jewel Samad (Photo credit should read JEWEL SAMAD/AFP/GettyImages)

Fireworks illuminate the night sky over

Fireworks illuminate the night sky over the Washington Monument (bottom) during Fourth of July celebrations in Washington, DC, on July 4, 2012. Independence Day, commonly known as the Fourth of July, is a federal holiday in US commemorating the adoption of the Declaration of Independence on July 4, 1776, declaring independence from the Kingdom of Great Britain. AFP PHOTO/Jewel Samad (Photo credit should read JEWEL SAMAD/AFP/GettyImages)

Spectators watch as fireworks light up the sky over the Hudson River during the Macy's Fourth of July fireworks show Wednesday, July 4, 2012, in New York. (AP Photo/John Minchillo)

Spectators watch as fireworks light up the sky over the Hudson River during the Macy's Fourth of July fireworks show Wednesday, July 4, 2012, in New York. (AP Photo/John Minchillo)

Spectators watch as fireworks light up the sky over the Hudson River during the Macy's Fourth of July fireworks show Wednesday, July 4, 2012, in New York. (AP Photo/John Minchillo)

Fireworks light the sky over the U.S. Capitol, left, Washington Monument and Lincoln Memorial in Washington on Wednesday, July 4, 2012, as seen from Arlington, Va. (AP Photo/Alex Brandon)

Fireworks light the sky over the U.S. Capitol, left, Washington Monument and Lincoln Memorial in Washington on Wednesday, July 4, 2012, as seen from Arlington, Va. (AP Photo/Alex Brandon)

Fireworks light up the sky during the annual Macy's Fourth of July fireworks display over the Hudson River as seen from New York, Wednesday, July 4, 2012. (AP Photo/Jeffrey Furticella)

WASHINGTON, DC - JULY 04: Fireworks light up the sky over the Lincoln Memorial, Washington Monument, and the U.S. Capitol on July 4, 2012 in Washington, DC. July 4th is a national holiday with the nation celebrating its 237th birthday. (Photo by Mark Wilson/Getty Images)

WASHINGTON, DC - JULY 4: (AFP OUT) U.S. President Barack Obama, with first lady Michelle Obama delivers remarks to an Independence Day picinic on the South Lawn of the White House on July 4, 2012 in Washington, D.C. On this Independence Day President Obama is hosting a 4th of July celebration picnic on the South Lawn for White House staff and US service members. (Photo by Shawn Thew-Pool/Getty Images)

BAUMHOLDER, GERMANY - JULY 04: U.S. soldiers and their families watch fireworks during the 4th of July festivities at the Baumholder U.S. military base on July 4, 2012 in Baumholder, Germany. Baumholder has traditionally been home to the 170th Infantry Brigade, though the unit, which numbers several thousand soldiers and has participated in numerous combat operations in Afghanistan, will be inactivated by the fall of 2012 and its members and their families redeployed, mostly back to the United States. The move is part of a broader cost-cutting effort by the Pentagon, though it does not mean the end for the Baumholder garrison, as other U.S. military units are currently being gradually transferred to it. (Photo by Ralph Orlowski/Getty Images)

BAUMHOLDER, GERMANY - JULY 04: Two U.S. flags stick out of a soldier's glasses during the Fourth of July festivities at the Baumholder U.S. military base on July 4, 2012 in Baumholder, Germany. Baumholder has traditionally been home to the 170th Infantry Brigade, though the unit, which numbers several thousand soldiers and has participated in numerous combat operations in Afghanistan, will be inactivated by the fall of 2012 and its members and their families redeployed, mostly back to the United States. The move is part of a broader cost-cutting effort by the Pentagon, though it does not mean the end for the Baumholder garrison, as other U.S. military units are currently being gradually transferred to it. (Photo by Ralph Orlowski/Getty Images)

July 4, 2012 - A Chihuahua gets in on the act of showing his patriotism during the annual 4th of July parade in the McKinney, Texas town square. (Michael Prengler/Special Contributor)

BAUMHOLDER, GERMANY - JULY 04: A soldier takes part in a watermelon eating contest during the Fourth of July festivities at the Baumholder U.S. military base on July 4, 2012 in Baumholder, Germany. Baumholder has traditionally been home to the 170th Infantry Brigade, though the unit, which numbers several thousand soldiers and has participated in numerous combat operations in Afghanistan, will be inactivated by the fall of 2012 and its members and their families redeployed, mostly back to the United States. The move is part of a broader cost-cutting effort by the Pentagon, though it does not mean the end for the Baumholder garrison, as other U.S. military units are currently being gradually transferred to it. (Photo by Ralph Orlowski/Getty Images)

July 4, 2012 - Young parade goers wave at a passing vintage fire truck during the annual 4th of July parade in the McKinney, Texas town square. (Michael Prengler/Special Contributor)

A pair of Miniature Schnauzers named Baron and Caesar ride in a wagon pulled by City Council member Herb Weiner during the annual Fourth of July parade Wednesday, July 4, 2012 in Sausalito, Calif. (AP Photo/Eric Risberg)

Members of the Native Sons of the Golden West carry a large American flag during the annual Fourth of July parade Wednesday, July 4, 2012 in Sausalito, Calif. The group was founded in 1875 and has preserved many of the landmarks of California's pioneer days, purchasing and rehabilitating them and then donating them to the State or local governments. (AP Photo/Eric Risberg)

Re-enactors fire a three-pound cannon and other period weapons in front of George Washington's Mount Vernon home during a Fourth of July event, Wednesday, July 4, 2012 in Alexandria, Va. (AP Photo/Alex Brandon)

Re-enactors stand by their three-pound canon as they watch daytime fireworks during a Fourth of July event at George Washington's Mount Vernon in Alexandria, Va., Wednesday, July 4, 2012. (AP Photo/Alex Brandon)

Mitt Romney, Ann Romney

Republican presidential candidate, former Massachusetts Gov. Mitt Romney and wife Ann sit with their family and wave from a trolley at then end of the Fourth of July Parade in Wolfeboro, N.H., Wednesday, July 4, 2012. (AP Photo/Charles Dharapak)

Ella Harmon

Nicolas D'Annunzio, 4, left, and Ian Strother, 5, join the parade of bikes, wagons and scooters decorated for the annual Riverside Citizens Association 4th of July Pancake Breakfast and Children's Parade in Central Riverside Park in Wichita, Kan., Wednesday, July 4, 2012. (AP Photo/The Wichita Eagle, Mike Hutmacher) MAGS OUT AND TV OUT

Ella Harmon

Brilynn Cole, 3, joins the parade of bikes, wagons and scooters decorated for the annual Riverside Citizens Association 4th of July Pancake Breakfast and Children's Parade in Central Riverside Park in Wichita, Kan., Wednesday, July 4, 2012. (AP Photo/The Wichita Eagle, Mike Hutmacher) MAGS OUT AND TV OUT

Volunteers raise the large United States flag at the start line before the start of the 43rd annual Peachtree Road Race in Atlanta on Wednesday, July 4, 2012. Peter Kirui of Kenya won the Peachtree Road Race. Kirui's unofficial time of 27 minutes, 36 seconds ties the fourth-fastest time in race history. It is the first Peachtree victory for the 24-year-old. The defending men's champion, Sammy Kitwara of Kenya, finished eighth. (AP Photo/Atlanta Journal-Constitution, Jason Getz) MARIETTA DAILY OUT; GWINNETT DAILY POST OUT; LOCAL TV OUT; WXIA-TV OUT; WGCL-TV OUT

Obama Attends Naturalization Ceremony For Active Duty Service Members

WASHINGTON, DC - JULY 4: U.S. President Barack Obama (L) shakes hands with USMC Lance Cpl. Byron Acevedo as U.S. Citizenship and Immigration Services Director Alejandro Mayorkas and Secretary of Homeland Security Janet Napolitano look on during a naturalization ceremony for active duty service members in the East Room of the White House July 4, 2012 in Washington, DC. Obama welcomed the new citizens on America's 236th Independence Day. (Photo by Roger L. Wollenberg/Getty Images)

America Celebrates Its Independence Day

CENTERVILLE, TX - JULY 4: Carved wooden brids are for sale during an Independence Day parade on July 4, 2012 in Centerville, Texas. This year marks the 236th anniversary of the United States declaring itself independent from Great Britain. (Photo by Jonathan Daniel/Getty Images)

America Celebrates Its Independence Day

CENTERVILLE, TX - JULY 4: A horse-drawn wagon is faetured during an Independence Day parade on July 4, 2012 in Centerville, Texas. This year marks the 236th anniversary of the United States declaring itself independent from Great Britain. (Photo by Jonathan Daniel/Getty Images)

Cooks prepare "Stars and Stripes" desser

Cooks prepare 'Stars and Stripes' desserts, fashioned as the US national flag, for a buffet, on July 4, 2012, before a ceremony for the July 4th Independence Day celebrations at the US Embassy in Paris. AFP PHOTO JACQUES DEMARTHON (Photo credit should read JACQUES DEMARTHON/AFP/GettyImages)

Tony Ure, left, decorates his 1928 Bugatti as Beth Parker, right, looks on before driving it in the annual Fourth of July parade on Wednesday, July 4, 2012 in Sausalito, Calif. (AP Photo/Eric Risberg)

Ella Harmon

Frank Peusch

Baltimore Gas and Electric (BGE) worker Frank Peusch walks among fallen power lines Wednesday, July 4, 2012 in Baltimore. Hundreds of thousands of people are spending their Fourth of July like America's founders, without electricity, after storms downed lines from the Midwest to the Mid-Atlantic . (AP Photo/Steve Ruark)

Mitt Romney

Republican presidential candidate, former Massachusetts Gov. Mitt Romney greets the crowd as he walks in the Fourth of July Parade in Wolfeboro, N.H., Wednesday, July 4, 2012. (AP Photo/Charles Dharapak)

Soldiers in period costume stand during Fourth of July events at George Washington's Mount Vernon estate, Wednesday, July 4, 2012 in Alexandria, Va. (AP Photo/Alex Brandon)

Gordon Severance, from left, Nate Eschbach, Julia Eschbach and John Kenton Thompson, of the Freedom chapter of the Sons of the American Revolution, march with the colors during the annual Fourth of July Parade at Market Street Wednesday, July 4, 2012, in The Woodlands, Texas. (AP Photo/Houston Chronicle, Brett Coomer) MANDATORY CREDIT

World's Largest Free-Flying American Flag Raised Ahead Of Independence Day

HOBOKEN, NJ - JULY 03: Crews work to inflate the PNC American Flag balloon in honor of America for Independence Day on the De Baun Athletic Complex at Stevens Institute of Technology on July 3, 2012 in Hoboken, New Jersey. The 53 by 78 foot balloon is the world's largest free-flying American flag, weighs 530 pounds and is being flown in the upcoming 30th annual NJ Festival of Ballooning. (Photo by Michael Bocchieri/Getty Images)

Children gather at the staging area of a July fourth parade in Omaha, Neb., Wednesday, July 4, 2012. (AP Photo/Nati Harnik)

Children compete in a sack race at Lincoln Park in Valparaiso, Fla. during a Independence Day celebration, Wednesday July 4, 2012. (AP Photo/Northwest Florida Daily News, Nick Tomecek)

A few runners watch as volunteers raise the large United States flag at the start line before the start of the 43rd annual Peachtree Road Race in Atlanta on Wednesday, July 4, 2012. Peter Kirui of Kenya won the Peachtree Road Race. Kirui's unofficial time of 27 minutes, 36 seconds ties the fourth-fastest time in race history. It is the first Peachtree victory for the 24-year-old. The defending men's champion, Sammy Kitwara of Kenya, finished eighth. (AP Photo/Atlanta Journal-Constitution, Jason Getz) MARIETTA DAILY OUT; GWINNETT DAILY POST OUT; LOCAL TV OUT; WXIA-TV OUT; WGCL-TV OUT

A United States flag waves next to carnival rides as fireworks burst in the air during the Fourth of July Independence Day show at State Fair Meadowlands, Tuesday, July 3, 2012, in East Rutherford, N.J. (AP Photo/Julio Cortez)

Banners with the United States flag colors wave as fireworks burst in the air during the Fourth of July Independence Day show at State Fair Meadowlands, Tuesday, July 3, 2012, in East Rutherford, N.J. (AP Photo/Julio Cortez)

Ella Harmon

Emily Judson straps a helmet on son Eli Judson, 4, for the parade of bikes, wagons and scooters decorated for the annual Riverside Citizens Association 4th of July Pancake Breakfast and Children's Parade in Central Riverside Park in Wichita, Kan., Wednesday, July 4, 2012. (AP Photo/The Wichita Eagle, Mike Hutmacher) MAGS OUT AND TV OUT

In this photo provided by Trevor Snarr, Dan Snarr, the mayor of the Salt Lake City suburb of Murray, rides with wife, April, on Wednesday, July, 4, 2012, during a parade in which he put all 18 inches of his handlebar mustache up for a vote. He has been growing it for 31 months but says he will shave if a majority of residents voted thumbs-down during the annual Fourth of July parade. (AP Photo/Courtesy Trevor Snarr)

Juda Wildrick, 5, plays in a fire hydrant to keep cool during Fourth of July festivities on Wednesday, July 4, 2012, in downtown Philadelphia. This year's holiday brings in a heat wave reaching temperatures in the upper 90s. (AP Photo/Brynn Anderson)

Georgia Branam with The Andy Griffith Show Rerun Watchers Club Mayberry Chapter waves to the crowd as she rides in the 25th annual Town of Farragut Independence Day parade Wednesday, July 4, 2012 in Farragut, Tenn. The parade included the Farragut High School Band, floats, animals, antique cars, dance groups and elected officials. (AP Photo/The Knoxville News Sentinel, Michael Patrick)

People gather at the Lincoln Memorial to watch fireworks in celebration of Fourth of July in Washington, DC, on July 4, 2012. Independence Day, commonly known as the Fourth of July, is a federal holiday in US commemorating the adoption of the Declaration of Independence on July 4, 1776, declaring independence from the Kingdom of Great Britain. AFP PHOTO/Jewel Samad (Photo credit should read JEWEL SAMAD/AFP/GettyImages)

Source: http://www.huffingtonpost.com/2012/07/04/obama-july-4th-speech-military_n_1650015.html

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Mexico's Pena Nieto to push for quick reforms

MEXICO CITY (Reuters) - Mexican President-elect Enrique Pena Nieto pledged on Monday to focus on energy, labor and tax reforms and said he hopes to strike deals with opponents to help shepherd changes through Congress before he takes office in December.

Pena Nieto won Sunday's election with about 38 percent of the vote, good for a lead of about 6 percentage points over his nearest rival, returning his Institutional Revolutionary Party (PRI) to power after 12 years in opposition.

But the victory margin was smaller than expected and results suggested the PRI and its Green allies would struggle to win a majority, officials at the electoral authorities told Reuters.

That would leave Pena Nieto reliant on other parties to back his plans to reinvigorate Latin America's No. 2 economy.

Speaking to reporters in Mexico City, the 45-year-old said he was ready to consult with outgoing President Felipe Calderon and bring in policy experts to get work done on the economic reforms and help ease their path through Congress, which convenes in September.

His main reform proposals include allowing more private investment in Mexico's state-run oil industry, overhauling the tax system to improve government revenues and liberalizing the country's labor laws to encourage job creation.

"We will now be working on all these initiatives with public policy experts," Pena Nieto told a news conference. "These are the initiatives that will enable us to give shape to the structural reforms I have promised."

Calderon's conservative National Action Party (PAN) had tried to get similar reforms through Congress over the past six years but the efforts were thwarted by opposition from the PRI, which has both populist and pro-business tendencies.

Pena Nieto has promised to lift economic growth to about 6 percent a year, create jobs and draw the heat out of a war with drug gangs that bogged down Calderon's administration. The conflict has killed more than 55,000 people since late 2006.

Long regarded as corrupt and authoritarian, the PRI has bounced back under the youthful Pena Nieto, who has vowed to break with the party's checkered past.

He has sought to bring in new blood to the party, and Pena Nieto said his campaign chief, Luis Videgaray, 43, would form part of his government team. Videgaray is well regarded by investors and seen as a possible choice for finance minister.

But the party still faces deep resentment from many Mexicans.

"Yes, the PRI has experience. They know how to steal. They know how to make pacts with drug cartels. And they know how to kill," said Heliodoro Maciel, an electrician and trade unionist.

Opinion polls in the last days before the election had shown Pena Nieto winning by between 10 and 15 percentage points, but with 97 percent of returns in, the gap with his leftist rival, Andres Manuel Lopez Obrador, was 6.4 points, or roughly 3 million votes.

PAN candidate Josefina Vazquez Mota came in a distant third as the PAN suffered a crushing defeat, hurt by Calderon's failure to ramp up growth and curb the drug war violence.

The PAN raised high hopes when it was elected in 2000, but the economy underperformed its peers in Latin America for most of the 12-year rule by the party, which never had a majority in Congress and was unable to push through reforms.

"Nothing has improved since the PAN got in," said Mexico City plumber Raimundo Salazar, 44. "The PRI understands how things work here. And it knows how to manage the drug gangs."

FINANCES UNDER STRAIN

Lopez Obrador said on Sunday night it was too early to concede defeat, but Calderon and U.S. President Barack Obama have already congratulated Pena Nieto on his triumph.

The U.S. State Department said it expected close cooperation against organized crime to continue under Pena Nieto.

Pena Nieto will take over at a time when Mexico's finances are in good order and the economy is improving, although it still cannot generate enough jobs for the growing population.

The election result helped bolster Mexico's main share index early on Monday before weak global manufacturing data hit stocks and the peso currency.

Lopez Obrador could still choose to challenge the election, as he did six years ago when he narrowly lost to Calderon and launched months of protests, alleging fraud.

He has said in recent weeks this election campaign was also plagued with irregularities, raising concerns he might again call his supporters onto the streets. On Sunday night, he said only that he would wait until all the results were in.

(Additional reporting by Dave Graham, Simon Gardner, Miguel Angel Gutierrez, Lizbeth Diaz, Ioan Grillo and David Alire Garcia in Mexico City and Arshad Mohammed in Washington; Editing by Daniel Trotta, Simon Gardner and Cynthia Osterman)

Source: http://news.yahoo.com/mexicos-old-rulers-claim-presidential-election-victory-143129066--business.html

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Talking About the Past in the Present Tense

Do you ever catch yourself talking about past events in the present tense? Linguists call it the ?historical present,? and although it may sound like a verbal tic?or, less generously, an affectation?it?s actually an organic part of the way we tell tales. Dickens knew it. Charlotte Bront? mastered it. And Seinfeld staffer Larry Charles wrote what may be the most textbookexample of it. Listen as Bob Garfield and I discuss the much-maligned, oft-abused narrative technique that, when used judiciously, adds oomph to our stories.

Source: http://feeds.slate.com/click.phdo?i=e3f17abef288d71399a7426dcd9f997a

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Manufacturing shrinks for first time in 3 years

CNBC's Rick Santelli breaks down the data on the drop in the ISM Manufacturing Index, and what it indicates about the U.S. economy, with CNBC's Steve Liesman.

By msnbc.com news services

WASHINGTON ? U.S. manufacturing shrank in June for the first time in nearly three years, a troubling sign as evidence builds that economic growth is slowing.

The Institute for Supply Management, a trade group of purchasing managers, said Monday that its index of manufacturing activity fell to 49.7. That's down from 53.5 in May and the lowest reading since July 2009, one month after the recession officially ended. Readings below 50 indicate contraction.

Production fell to a three-year low and a measure of new orders plummeted by the most in more than a decade, suggesting the weakness will likely persist in the coming months.

Stocks, which had largely been flat when the market opened, fell immediately after the report was released at 10 a.m. The Dow Jones industrial average dropped more than 70 points in morning trading.

"This is not good. Not good at all," said Dan Greenhaus, chief economic strategist at BTIG, an institutional brokerage. While the report "does not mean recession for the broader economy, it is still a terribly weak number."

Manufacturing, which has helped drive growth since the Great Recession ended, has begun to falter as the U.S. job market has fizzled and global growth has weakened.

Americans have pulled back on spending, which has lowered demand for factory-made goods. Europe's economy is likely in recession, which has hurt U.S. exports. And China's manufacturing sector grew in June at its slowest pace in seven months, according to a survey released Sunday by the state-affiliated China Federation of Logistics and Purchasing

The sharp drop in U.S. factory activity overshadowed more positive news on the housing market. U.S. construction spending rose for the second straight month, although spending remains well below healthy levels.

Manufacturing is likely to stay weak for the next few months. The ISM's gauge of new orders, a good measure of future activity, plunged from 60.1 to 47.8. That's the first time it has fallen below 50 since April 2009, when the economy was still in recession.

Fewer new orders reflect growing concerns of businesses. Many are worried about growth slowing from the anemic 1.9 percent annual pace in the January-March quarter. Europe's financial crisis and the prospect that U.S. lawmakers won't extend a package of tax cuts at the end of the year have added to the uncertain outlook.

Bricklin Dwyer, an economist at BNP Paribas, said the increasing uncertainty "has left businesses unwilling to invest."

A gauge of production also fell to its lowest level in more than three years.

U.S. factories are also reporting much less overseas demand, likely because Europe's financial crisis has lowered demand for U.S. exports. A measure of exports dropped to 47.5, its lowest level since April 2009.

A gauge of employment edged down but remained at a healthy level of 56.6. That suggests factories may still be adding jobs. Manufacturers have reported job gains for eight straight months.

Factories have been a key source of jobs and growth since the recession ended almost three years ago. But the sector has shown signs of weakness in recent months.

Manufacturers produced less in May than in April, the Federal Reserve said this month. Automakers cut back on output for the first time in six months. In June, manufacturing activity barely grew in the New York region and contracted sharply in the Philadelphia area, according to surveys by regional Federal Reserve banks. Factory output ticked up in Chicago but only after sliding for three months.

Consumers are less confident in the economy than they have been at any time all year, according to a measure of consumer sentiment released Friday. Worries about slowing job growth are outweighing the benefits of lower gas prices. A separate measure of consumer confidence, issued Tuesday, showed that confidence fell for the fourth straight month.

Overall hiring has slowed sharply this spring, raising concerns about the pace of the recovery. Employers added an average of only 73,000 jobs per month in April and May. That's much lower than the average of 226,000 added in the first three months of this year. The unemployment rate rose in May to 8.2 percent from 8.1 percent, the first increase in a year.

Slower job growth and falling confidence is weighing on consumers' willingness to spend. Americans cut back on purchases of autos and other long-lasting factory goods in May, the government said Friday.

U.S. exports of manufactured goods have also suffered as Europe's financial crisis has cut into demand in that region. And slowing growth in China, India and other emerging markets means that companies in Asia and Latin America are buying fewer American-made cranes, trucks and other heavy equipment.

There have been a few good signs recently.

U.S. factories received more orders for long-lasting manufactured goods in May, the government said last week, while also noting that a key measure of business investment plans rose.

And home sales are up from last year, with prices rising in most cities and homebuilders planning to break ground on more projects in the next 12 months. That should raise demand for manufactured goods such as appliances, building materials and furniture.

Still, the Federal Reserve has cut its forecast for the year. It now expects growth of just 1.9 percent to 2.4 percent for 2012. That's half a percentage point lower than the range it estimated in April. The Fed also says unemployment won't fall much further this year than it has.

The Associated Press contributed to this report.

More money and business news:

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Source: http://economywatch.msnbc.msn.com/_news/2012/07/02/12524141-us-manufacturing-shrinks-for-first-time-in-3-years?lite

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Showcase Infomation

What would you do for a minute of fame? Where do you belong: on stage or in the crowd? Remake. FULL

Owner:

Game Masters:

This topic is an Out Of Character part of the roleplay, ?Minute Of Fame?. Anything posted here will also show up there.

Topic Tags:

Forum for completely Out of Character (OOC) discussion, based around whatever is happening In Character (IC). Discuss plans, storylines, and events; Recruit for your roleplaying game, or find a GM for your playergroup.
This is the Talent Showcase Flyer that EVERYONE must have their character receive before the school day ends. I'm asking that school will stay four posts. So whatever posts you have now, as I post this, four posts after that should finish up your school day. Get it?

If you disagree, let me know. I'm just doing this so that the roleplay will keep moving. Sometimes they get stuck at school and don't move on.

Now here is the Talent Showcase Flyer. I'll be making an update one in the future, when auditions and the actual showcase are close.

A Talent Showcase will be held in the coming months before the school year ends. The final date is TBA. This showcase is sponsored by Ice Entertainment, the company that released the nationwide sensations ?Lee Jong?, ?Silhouette?, and ?Hourglass Dolls?.

If selected by Ice Entertainment?s panel of judges during the final showcase, the person or group of persons will be offered a contract by the company.

Auditions for the Talent Showcase will be held afterschool in two weeks on Wednesday, Thursday, and Friday in the main theater. Signup sheets can be found in the main office and must be dropped off at the main office no later than Monday of the week of auditions.

Auditions will determine who and who will not make it to the final showcase. Final results of the auditions will be announced at the end of the school day the Monday following the auditions.

More information will be written in the signup sheets. Further questions can be answered by Mrs. Jinyeon Lee who shall be Ice Entertainment?s representative.

BleedingLover

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Priest assault trial nearing conclusion in Calif.

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[ [ [['did not go as far his colleague', 8]], '29438204', '0' ], [ [[' the 28-year-old neighborhood watchman who shot and killed', 4]], '28924649', '0' ], [ [['because I know God protects me', 14], ['Brian Snow was at a nearby credit union', 5]], '28811216', '0' ], [ [['The state news agency RIA-Novosti quoted Rosaviatsiya', 6]], '28805461', '0' ], [ [['measure all but certain to fail in the face of bipartisan', 4]], '28771014', '0' ], [ [['matter what you do in this case', 5]], '28759848', '0' ], [ [['presume laws are constitutional', 7]], '28747556', '0' ], [ [['has destroyed 15 to 25 houses', 7]], '28744868', '0' ], [ [['short answer is yes', 7]], '28746030', '0' ], [ [['opportunity to tell the real story', 7]], '28731764', '0' ], [ [['entirely respectable way to put off the searing constitutional controversy', 7]], '28723797', '0' ], [ [['point of my campaign is that big ideas matter', 9]], '28712293', '0' ], [ [['As the standoff dragged into a second day', 7]], '28687424', '0' ], [ [['French police stepped up the search', 17]], '28667224', '0' ], [ [['Seeking to elevate his candidacy back to a general', 8]], '28660934', '0' ], [ [['The tragic story of Trayvon Martin', 4]], '28647343', '0' ], [ [['Karzai will get a chance soon to express', 8]], '28630306', '0' ], [ [['powerful storms stretching', 8]], '28493546', '0' ], [ [['basic norm that death is private', 6]], '28413590', '0' ], [ [['songwriter also saw a surge in sales for her debut album', 6]], '28413590', '1', 'Watch music videos from Whitney Houston ', 'on Yahoo! Music', 'http://music.yahoo.com' ], [ [['keyword', 99999999999999999999999]], 'videoID', '1', 'overwrite-pre-description', 'overwrite-link-string', 'overwrite-link-url' ] ]

Source: http://news.yahoo.com/priest-assault-trial-nearing-conclusion-calif-193822886.html

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