Sunday, March 17, 2013

Honoring the creator of Tommy John surgery, movie news and Cyprus hammers bank customers


- The might of “Oz The Great and Powerful” was on display for a second time in as many weekend, adding $42.2 million to its coffers to hold onto first place at the box office and bump its overall domestic total to $145.1 million. Two newcomers claimed the next two spots on the list as Halle Berry’s latest, “The Call,” opened with $17.1 million to best the heavily publicized and slightly underperforming “The Incredible Burt Wonderstone,” which ended up third with a modest $10.3 million in its first weekend. Fourth place went to “Jack the Giant Slayer,” which dipped two places and made just $6.2 million to up its three-week domestic haul to $54 million. “Identity Thief” ended up fifth with $4.6 million and after six weeks, it has banked $123.7 million and counting in domestic earnings. The sixth-place film for the frame was “Snitch,” down one spot with a $3.5 million effort that upped its four-week bank roll to $37.2 million. A one-spot drop left “21 and Over” in seventh place and its $2.6 million take was enough to boost its tally to $21.8 million after three weeks in theaters. “Silver Linings Playbook” held firm in eighth place and in its 18th – 18TH! – week of release, managed $2.5 million. With $124.6 million so far, it is well past the $100 million barrier in profits on its U.S. earnings alone. In ninth place was “Safe Haven,” adding $2.4 million to its take to increase its five-week total to $67 million and counting. “Escape From Planet Earth” rounded out the top 10 with $2.3 million and “Dead Man Down” (No. 11) and “The Last Exorcism Part II” (No. 12) both dropped out from last week’s top 10………….


- He’s responsible for a fair amount of success for players enshrined in the Baseball Hall of Fame, so it’s only fitting that Dr. Frank Jobe also receive special recognition from the hall. Jobe, who developed the elbow procedure known as "Tommy John surgery" and subsequently saved the careers of dozens of pitchers and even position players who blew out their elbow but were able to return after having the surgery, will be honored during Hall of Fame induction weekend on July 27. Jobe operated on New York Yankees pitcher Tommy John, who will attend the ceremony to help honor Jobe for his impact on the sport, after John was diagnosed with a ruptured MCL in his left elbow in 1974. The good doctor then performed a previously unheard of procedure in which he removed a tendon from John's forearm and repaired his elbow. The surgery was successful, John was able to return to the mound and in the nearly four decades since, many more players have undergone Tommy John surgery, including current Washington Nationals ace Stephen Strasburg. Hall of Fame president Jeff Idelson announced the special honor for Jobe and cited his work as a testament to the positive role of medicine in baseball's growth. Even in his late 80s, Jobe still maintains a connection to the sport he helped to revolutionize by serving as special adviser to the chairman of the Los Angeles Dodgers. Maybe at Hall of Fame weekend, he can bring a glove and have a catch with John and some of the other greats of baseball whose careers he had a direct hand in salvaging………


-  Institutions of higher learning need to spend more time building ape-like robots and less time on lame pursuits such as mathematical theory and polymer science. Carnegie Mellon University is a place that understands this imperative and it has just announced plans to build its very own ape-like robot. A 10-person research team with CM's National Robotics Engineering Center is hard at work on what it calls it a CMU Highly Intelligent Mobile Platform, or CHIMP for short. The CHIMP is part of a project dubbed "Tartan Rescue” and it is safe to say that the world will be a better place because of this effort. The robot bears a modest resemblance to an ape, although its normal motions are more similar to those of a tank, with the tracks of all four limbs on the ground. Such an arrangement would give the robot an advantage when moving over debris and rough terrain. The versatile CHIMP can also move on the treads of just two limbs when needed, freeing up its other limbs to operate tools or open a container. It also sports a second pair of hands jutting from its robotic heels, both with an opposable thumb. When completed, CHIMP will be able to grasp objects like a human and the team building it plans to extend its usefulness to "mobile manipulation and manufacturing." The tank-like treads help CHIMP avoid “many dynamic stability problems of humanoid robots,” according to its makers. "When we walk or stand, our brains are actively controlling our balance all of the time," Tartan Rescue team leader Tony Stentz explained. "This dynamic balance makes people nimble and enables them to run. But it also greatly increases the complexity, computational requirements and energy consumption of a machine. So CHIMP is designed with static stability; it won't fall down even if it experiences a computer glitch or power failure." Whether or not CHIMP will truly have "near-human strength and dexterity” or not remains to be seen, but employing sensors to render its surroundings in texture-mapped 3D and allowing its human operator to use the 3D imagery relayed by CHIMP to choose whether to manually maneuver the robot or allow CHIMP to work autonomously should at least make it a fun toy for researchers to play with………


- Getting greedy there, eh eurozone and International Monetary Fund? Not only did these two groups give the island nation of Cyprus a boost in the form of a decision on Saturday to bail out its faltering economy to the tune of  €10 billion ($13 billion), the IMF and eurozone are looking to assess a levy on bank deposits held in Cypriot accounts. All 17 European Union countries that use the euro offer deposit insurance to protect customers if their bank fails, but the Cyprus measure is different because it is a tax — not losses incurred because of a bank failure. Banks acted quickly to seal off the amount of the levy — a 6.75 percent tax on deposits under €100,000 and 9.9 percent on those above — in order to prevent depositors from accessing it. Customers can draw on the rest of their funds via ATMs and many anxious citizens did exactly that, raiding the nearest ATM to drain their account. Most banks opened only briefly on Saturday and with Monday being a national holiday, no international transfers will be able to go through until Tuesday. While Cyprus' parliament is expected to pass the required legislation quickly, the deal also needs the approval of several eurozone parliaments. What’s happening in Cyprus is jarring for consumers because thus far in the euro crisis, they have been protected. Italy did levy a tax on every bank account in the 1990s to stave off the collapse of its lire currency, but that tax was a meager 0.06 percent. EU officials insist Cyprus is unique and in the sense that its banks are overwhelmingly funded by deposits, they’re correct. Current deposits in Cypriot banks total about €68 billion, of which foreigners hold about 40 percent. The government has elected to go after all depositors, regardless of their nationality. With the policy shift, it seems likely that the country will lose its carefully built reputation as a financial center and preferred place for investments by foreigners. It banks were renowned for their service and provided substantial privacy to clients in a country with very low tax rates. Those banks took a large hit when Greece’s economy tumbled because they held a lot of Greek debt and suffered significant losses when they took a write-down of those bonds as part of the Greek bailout. Cyprus’ deficit and debt have both mushroomed in recent months and now, those problems are too pressing to ignore………


- What happened to wanting street cred and chicks digging the bad boy? Oakland (Calif.) resident Chau Van either does not believe in these ideas or has forgotten them because he and his lawyer have filed a federal lawsuit against the city of Oakland because Van claims he was wrongly put on the Oakland Police Department’s “Most Wanted” list for six months in 2012. Instead, attorney DeWitt Lacy called the incident “an egregious and scandalous error” and said the lawsuit is to clear his client’s name and reputation, which were “irreparably harmed” by the incident. The suit, filed on March 5, calls Van  “a law-abiding citizen with no history of violence.” According to Lacy, Van is a real estate consultant and freelance web designer, which essentially means he’s self-employed and should choose to view this as a chance for free publicity instead of complaining about it. Lacy is taking the case to extremes, insisting that restoring Van’s reputation would require a public acknowledgement of the alleged error as well as efforts to make sure Van’s name is removed from related federal and state most wanted lists. Of course, those developments wouldn’t be enough for Lawyer McGreedypants, who also wants to obtain financial compensation for Van for lost employment and emotional trauma. “It put a great amount of fear on him and his family. He was wounded and he needs to be made whole,” Lacy said. Wounded? How about significantly more badass than he’s ever been? Being bitter that Police Chief Howard Jordan placed Van’s photo and name on a list of the city’s four most wanted suspects by during a news conference about gang violence on Feb. 7, 2012 isn't going to get anyone anywhere. So what if a concerned friend called van that night and told him that a television station was reporting that he was one of Oakland’s most wanted criminals? If he were smart, he would be putting that on his business cards, having t-shirts made and rolling with it. Then again, Van hasn’t handled the case well from the start. He actually went to the police department on Feb. 13, 2012 in an attempt to clear up the error and instead was arrested and searched and kept in custody for 72 hours before he was released. If all he gets out of this is cash and an apology, it’s going to be a complete waste………

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