Tuesday, February 1, 2011

“Banks ease loan guides for business - Fort Wayne Journal Gazette” plus 1 more

“Banks ease loan guides for business - Fort Wayne Journal Gazette” plus 1 more


Banks ease loan guides for business - Fort Wayne Journal Gazette

Posted: 01 Feb 2011 01:25 AM PST

The Federal Reserve said Monday that banks loosened lending standards modestly for certain business loans over the past three months but kept tight standards on consumer loans.

The Fed said 12 percent of the banks responding to its latest survey had somewhat eased standards on commercial and industrial loans. However, the survey found little change in the tight lending standards imposed on consumer loans since the housing market collapsed.

For business loans, banks said the slight easing in standards reflected a less uncertain economic outlook and increased competition from other banks to make business loans.

The Fed's survey covered 57 domestic banks. That included all of the nation's largest institutions, which represent the bulk of lending activity in the country.

Android tablets gain on iPad in 4th quarter

Google's Android software boosted its share of tablet computers almost tenfold in the fourth quarter, narrowing the lead of Apple's iPad, market researcher Strategy Analytics said Monday.

Android devices captured 22 percent of global tablet shipments in the three months to Dec. 31, up from 2.3 percent in the preceding quarter, the Boston-based researcher said in a statement. The iPad accounted for 75 percent of shipments in the period, down from about 95 percent, it said.

Apple's iPad, which has sold more than 14.8 million units worldwide since its introduction in April, faces intensifying competition from Android tablets made by Samsung, Motorola Mobility Holdings and Acer. Google gives away Android for free to boost revenue from services such as mobile advertising and expand the market for its search engine.

Cheaper devices with Google features including YouTube and Google Maps will probably erode the iPad's market dominance, an analyst said.

Intel finds chip error, expects $1 billion cost

Intel Corp. on Monday said it has found a design flaw in a recently released chip, and it is working with laptop makers to replace affected computers. Sales lost while the company rushes out a replacement chip, and the cost of replacing computers with the flawed chip, will cost the company $1 billion, it said.

Intel said it has shipped 8 million of the defective chips, but complete PCs with those chips have only been on sale since Jan. 9, so "relatively few" of them have reached consumers. The main processing chips in these computers are branded "Core i5" and "Core i7."

Intel said consumers can "continue to use their systems with confidence, while working with their computer manufacturer for a permanent solution."

N.J. man admits theft, resale of ITT radio gear

A former engineer for defense contractor ITT Corp. has admitted stealing a piece of radio equipment that has military applications and selling it online.

Union City, N.J., resident Vincent Corey was charged in November with stealing a $50,000 frequency generator used to mimic radio frequencies of surface-to-air missiles.

The U.S. attorney's office says Corey used his Department of Defense clearance to steal the generator, then used a fake name to sell it to another company on eBay for $20,000.

Corey pleaded guilty. The count carries a maximum prison sentence of 10 years.

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S.A. author maps trail of Texas outlaws - MySanAntonio

Posted: 22 Jan 2011 09:54 PM PST

THE CRIME BUFF'S GUIDE TO OUTLAW TEXAS

BY RON FRANSCELL

GLOBE PEQUOT PRESS, $16.99

Texans love their outlaws, and why not? We have more than our share of scoundrels and sociopaths, dating back before Texas became a republic in 1836.

Many of the early outlaws who terrorized Texas citizenry didn't live long — train robber Sam Bass was buried on his 27th birthday — but their legends survive.

Author, journalist and San Antonio resident Ron Franscell has written an intriguing guide with brief profiles of the men and women whose names are forever linked with the dark side of Texas history.

While the profiles alone make interesting reading, Franscell took his project several steps further.

He mapped out not only the histories of the outlaws, but the law officials who hunted them down and, in some cases, the victims and peripheral players.

He details their histories, from scenes of the crime to burial spots, then leads us there, aided by Global Positioning System technology.

Each entry lists the site, address and GPS coordinates, with any additional information that will aid travelers in their treks. Sam Bass, for instance, is buried at Round Rock Cemetery (GPS: 3051759/-97.69778).

Those who previously traveled around Texas with maps marked with such spots as the Cadillac Ranch in Amarillo and the Buckhorn Saloon and Museum in San Antonio will have a field day with this book.

Many of the outlaws in this book crossed paths with the Texas Rangers, who had an outlaw or two of their own, such as Scott Cooley, a relentless tracker of criminals who became a murderer when he avenged a friend's death.

Those interested in the history of the oldest state-based law enforcement group will find numerous references to the famous Texas Rangers.

And while the title might suggest the Old West aspect of Texas history, "Outlaw Texas" goes beyond the pioneer days to include modern murderers and crooks.

He includes separate segments on Bonnie Parker and Clyde Barrow and the assassination of President John F. Kennedy, where we find Marina and Lee Oswald's apartment, the hiding place of the rifle used to kill JFK, Dealey Plaza, the grassy knoll, Parkland Hospital, Officer J.D. Trippit's murder site and more.

The stories in Franscell's book are fascinating — and more lurid than most fictional crime accounts. The outlaws range from mere scoundrels to the essence of evil — a cast of characters worth pursuing across the great Lone Star State.

This isn't a book to put away after reading. Take it on the road.

S.A. author maps trail of Texas outlaws

Many of the early outlaws who terrorized Texas citizenry didn't live long — train robber Sam Bass was buried on his 27th birthday — but their legends survive. Author, journalist and San Antonio resident Ron Franscell has written an intriguing guide with brief profiles of the men and women...

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