Wednesday, March 14, 2012

Keb' Mo' and So to play in concert at House of Blues

Keb' Mo' will showcase his brand of blues music Sunday night at the House of Blues in the Loop.

The 57-year-old blues singer, guitarist and songwriter is known for his mix of Delta blues, soul and R&B. The musician is adept on vocals, guitar, banjo and keyboards.

Keb' Mo' launched his music career by playing in blues and backup bands during the 1970s and '80s. His first recording in the early '70s was with violinist Papa John Creach of Jefferson …

The virtual controller

[HEADNOTE]

technology

[HEADNOTE]

THE ABILITY FOR MULTIPLE USERS TO ENTER, MAINTAIN AND REVIEW ACCOUNTING RECORDS FROM ANY LOCATION IS AN UNDENIABLY ATTRACTIVE IDEA

When Internet-based accounting was introduced in the late '90s, the solutions did not have the same functionality as mainstream accounting systems. But as interest in these systems grows, so has the variety of solutions. For CAs and CPAs, the choice is to work with clients who have adopted pure Webbased online accounting or to provide online accounting services directly as a host where the traditional accounting software is hosted on a remote shared server as an application services …

Czechs looking to emulate winning start at Euro 2004 and open 2008 edition with a victory

Having reached the 1996 European Championship final after losing its opening game, the Czech Republic doesn't want to have to do it the hard way again.

The Czechs kick off Euro 2008 against Switzerland in Basel on Saturday before facing Portugal and Turkey in two other Group A matches in Geneva.

"It's surely important (to win the opening game), but I wouldn't say it's the most important because in the history we know the examples ... when a team lost the first game but went to the final," Czech Republic goalkeeper Petr Cech said. "I wouldn't say it's the most important game of the group."

The Czech Republic started the 1996 …

Ex-Clinton aide in theft case: 'Guilty, your honor'

WASHINGTON -- Sandy Berger, who was President Bill Clinton's topnational security aide, pleaded guilty Friday to taking classifieddocuments from the National Archives and cutting them up withscissors.

Rather than the "honest mistake" he described last summer, Bergeracknowledged to U.S. Magistrate Deborah Robinson that heintentionally took and destroyed three copies of the same documentdealing with terror threats during the 2000 millennium celebration.

"Guilty, your honor," Berger responded when asked how he pleaded.

The charge carries a maximum sentence of a year in prison and upto a $100,000 fine.

However, under his plea agreement, Berger would serve no …

Osborne-Paradis breaks fibula in Chamonix crash

CHAMONIX, France (AP) — Manuel Osborne-Paradis of Canada is out for the rest of the season after injuring his left knee and breaking his fibula Saturday in a crash during a World Cup downhill in the French Alps.

Osborne-Paradis lost his balance after catching a ski and flew into the safety net along the Verte Course in Chamonix.

The 26-year-old racer was put in a sled and airlifted from the slope by helicopter. He was taken to a Geneva hospital, where tests revealed he also had torn an anterior cruciate ligament that will require surgery.

"It's a confirmed ACL tear," said Dr. Stephen French, medical co-director for Alpine Canada Alpin. "Plans are being made for him to return to Canada to be assessed by the surgical team. Obviously, this means he will miss the remainder of the season."

Osborne-Paradis is the third men's World Cup skier to be injured in a crash this month. Mario Scheiber broke his right shoulder blade and fractured his sinuses during training this week, while Hans Grugger of Austria needed emergency brain surgery after crashing in Kitzbuehel last week and is still hospitalized.

Cops try to trace slain consultant's last days

WILMINGTON, Delaware (AP) — Police trying to piece together the last days of a slain national defense consultant said Tuesday he was seen alive in downtown Wilmington less than 24 hours before he was found dead in a load of trash at a landfill.

Sanitation workers spotted the body of 66-year-old John Wheeler III falling from a refuse truck as it dumped its load Friday at the Cherry Island landfill near Wilmington.

A tipster told police Wheeler was seen alive at 3:30 p.m. the previous day near a downtown intersection dominated by the E.I. DuPont & Co. headquarters building and the Hotel du Pont. Police did not say what he was doing there.

The intersection is about six blocks from the office of an attorney who was representing Wheeler and his wife in a property dispute, and about a mile (1.6 kilometers) from the Amtrak train station Wheeler was known to use for trips to Washington, D.C.

Wheeler, who had a home about seven miles (11 kilometers) from Wilmington in New Castle, served three Republican presidents and helped to get the Vietnam Veterans Memorial built in Washington.

More recently, he was a part-time consultant hired to help promote discussions on cyber defense for The Mitre Corp., a nonprofit based in Bedford, Massachusetts, and McLean, Virginia, that operates federally funded research and development centers.

Wheeler was suing Frank and Regina Marini of Hockessin, seeking to block their ongoing construction of a house across the street from his duplex in the historic district of New Castle. The Marini house, taller than others in the neighborhood, obstructed Wheeler's view of a park and the Delaware River. A Delaware Chancery Court judge denied Wheeler a temporary restraining order Dec. 13.

Late on Dec. 28, several smoke bombs of the type used for rodent control were tossed into the Marini house, said Chief Deputy State Fire Marshal Alan Brown. The only damage was some scorching to the unfinished floors.

The Marinis issued a brief statement through their lawyer Tuesday offering "heartfelt sympathies" to the families of Wheeler and his wife, Katherine Klyce. Police have given no indication whether they believe the property dispute had anything to do with Wheeler's death.

In New York, police searched the condominium that Wheeler and Klyce shared in a brick building on 124th Street in Manhattan where they had lived for at least three years.

Building superintendent Jay Hosein said Tuesday he saw Klyce at the building last week and she seemed happy and cheerful.

"They were a very nice couple, very nice people," Hosein said.

Efforts by The Associated Press to contact Klyce were unsuccessful. Wheeler's family issued a statement through Newark police Monday asking for privacy.

Wheeler had twins, a son and daughter, by his first wife. Klyce has two daughters from a previous marriage.

Police have also searched Wheeler's home, but don't consider it a crime scene, Newark Police Lt. Mark Farrall said.

The truck that dumped Wheeler's body collected all of its trash from about 10 commercial disposal bins in Newark, several miles (kilometers) from Wheeler's home, police said.

The Associated Press traced the path of the garbage truck through downtown Newark, a busy town home to the University of Delaware. Many of the bins were in well-lighted areas, near restaurants and stores, though others were more tucked away. Investigators have said they believe Wheeler's body was discarded in a bin early in the garbage truck's run.

Farrall said the information placing Wheeler in Wilmington came from a tip and was confirmed by police. Police also were reviewing video surveillance tapes from downtown Newark, he said.

Farrall said Newark police have consulted with the FBI about the case but he wouldn't say what assistance, if any, federal investigators are providing.

Wheeler, 66, was a graduate of the U.S. Military Academy at West Point, Harvard Business School and Yale Law School, according to his biography.

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Associated Press writers Sarah Brumfield in Washington, David Dishneau in Hagerstown, Maryland, and Colleen Long in New York City contributed to this story.

Tuesday, March 13, 2012

Short-term T-bill yields off sharply

Yields on short-term T-bills fell sharply at the regular weeklyauction, tumbling about a third of a percentage point to their lowestlevels in more than nine years. The Treasury Department auctioned$7.816 billion of three-month bills at an average rate of 5.32percent, down from 5.64 percent last week. The government sold$7.805 billion of six-month bills at an average rate of 5.35 percent,down from 5.65 percent last week. The 13-week rate was the lowestsince July 25, 1977, when the rate was 5.163 percent and the 26-weekrate was the lowest since July 1, 1977, when it was 5.246 percent. WELLS FARGO LOWERS PRIME

Wells Fargo Bank, San Francisco, yesterday lowered its primerate to 7.5 percent from 8 percent, the first of the nation's largebanks to follow the Federal Reserve Board's cut in its discount rate.The Fed Wednesday lowered the rate it charges on loans to banks to5.5 percent from 6 percent. HOUSEHOLD BUYS J.P. HEILWEIL

Household Manufacturing, Inc., a subsidiary of HouseholdInternational Corp. has acquired J.P. Heilweil Industries ofPhiladelphia, a manufacturer of commercial food service equipment.Terms weren't disclosed for the cash purchase. Heilweil produces abroad line of refrigerators, storage freezers and refrigerateddisplay cases, and Household said the product line expands itsexisting line of food service equipment. FARLEY MUM ON PUBLIC OFFERING

Officials of Farley/Northwest Industries refused to comment onreports the company is planning to make a public stock offering aspart of a financial reorganization. The Securities and ExchangeCommission said no registration statement has been filed. WilliamFarley, chairman of Farley/Northwest, could not be reached yesterdayto elaborate on comments he reportedly made at last week's WhiteHouse Conference on Small Business regarding the company's plans fora public offering. GOULD STOCK GAINS

Gould stock closed at $19.87 1/2 yesterday, up $1, on the NewYork Stock Exchange in heavy trading. Industry analyst Julian Menearsuggested that the market may be expecting additional streamliningmeasures from the company following a directors' meeting today. Thestock has taken a beating this year as a result of a restatement offirst-quarter earnings to show a $115 million loss and steeply lowerearnings in the second quarter. The stock has traded as low as$14.25 this year. IC DECLINES COMMENT ON RUMOR

A spokesman for IC Industries declined comment yesterday onrumors that the company's management was considering a leveragedbuyout. IC's stock closed at $27.25 a share on the New York StockExchange, up $1.37 1/2. The spokesman told Dow Jones News Servicethat the company had made no announcements and there was no pendingnews. KRAFT BUYING KEELER FOODS

Glenview-based Kraft Inc. signed a definitive agreement toacquire the assets and assume certain liabilities of Keeler Foods, abroad-line food service distributor owned and operated by Distribuco,Inc. in Santa Ana, Calif. The acquisition will increase Kraft'spresence in Southern California, an important serving area for thefood service industry. Kraft will pay $15.1 million in cash anddeliver a two-year note for $1.3 million. TAFT MAY SELL 5 STATIONS

Taft Broadcasting Co. said it decided "to explore financialalternatives with regard to its five independent television stations,including the possible sale or divestiture of these properties." Thestations are KTXA-TV, Arlington, Texas; KTXH-TV, Houston; WCIX-TV,Miami; WTAF-TV, Philadelphia, and WDCA-TV, Washington, D.C. GoldmanSachs & Co. was retained as financial adviser. STEEL PRODUCTION RISES IN WEEK

Steel production rose 3 percent to 1.28 million short tons inthe week ended Aug. 23 from 1.25 million short tons, the AmericanIron and Steel Institute reported. CORRECTION

Under the new tax code, commodity profits would be taxed at themaximum 28 percent individual rate after 1988. In 1987, commodityprofits would be taxed at slightly above the present 32 percent rate.Yesterday's Sun-Times incorrectly stated the proposed rates.