Bump Seen in Substance Abuse Treatment During ... - Health.com

FRIDAY, Aug. 2 (HealthDay News) ? There was a slight rise in the percentage of pregnant women entering substance abuse treatment programs between 2000 and 2010 in the United States. But the number of those entering treatment for alcohol use declined during that time, according to a federal government report.

The admission rates for the women, aged 15 to 44, rose from 4.4 percent in 2000 to 4.8 percent in 2010, the investigators found. At the same time, the number of pregnant women entering treatment for alcohol use (with or without drug use) fell from 46.6 percent to 34.8 percent.

However, the percentage of pregnant women receiving treatment for drug use (without alcohol use) rose from just over 51 percent to nearly 64 percent, according to the U.S. Substance Abuse and Mental Health Services Administration (SAMHSA) report.

There were similar trends among non-pregnant women in the same age group, the researchers noted.

?Any kind of substance use by pregnant women can result in miscarriage, premature birth or a variety of behavioral and cognitive problems in the children they carry,? SAMHSA administrator Pamela Hyde said in an agency news release.

?Pregnant women must have access to prevention, support and recovery services that meet their specialized needs. These include community programs for both pregnant and postpartum women that can help ensure their full recovery and better lives for them and their children,? she added.

SAMHSA has a Services Grant Program for Residential Treatment for Pregnant and Postpartum Women, Hyde explained, which promotes the availability of substance abuse treatment, prevention and recovery support programs for these low-income women and their young children.

The grant program is specifically focused on meeting the needs of the women, but also improving the health and well-being of their family members and others who are close to them, Hyde pointed out in the news release.

More information

The March of Dimes has more about the dangers of smoking, alcohol and drugs during pregnancy.

Source: http://news.health.com/2013/08/02/bump-seen-in-substance-abuse-treatment-during-pregnancy/

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Selena Gomez: Spotted at Hooters!

Source: http://www.thehollywoodgossip.com/2013/08/selena-gomez-spotted-at-hooters/

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Michael Dell closes in on prize with sweeter $25 billion deal

By Greg Roumeliotis and Eileen O'Grady

NEW YORK/ROUND ROCK, Texas (Reuters) - Dell Inc and Chief Executive Michael Dell clinched a new $25 billion deal on Friday, boosting the bid and offering a special dividend in hopes of ending months of wrangling with opponents of the founder's proposed buyout of the world's No. 3 PC maker.

The new agreement includes a special dividend of 13 cents per share on top of a 10-cent increase in the sale price to $13.75 per share. In return, Michael Dell and his private equity partner Silver Lake convinced the company's special committee to agree to change the voting rules so that abstentions no longer count as opposing votes, a big boost for their camp.

Dell shares rose after the announcement. But activist investor Carl Icahn, who has amassed an 8.7 percent stake in Dell and has opposed the buyout offer as too low, vowed to keep fighting.

"We are pleased today to have won yet another battle, but the war regarding Dell is far from over," Icahn said in a Friday statement. "We are not satisfied. We believe that an increase of a mere 13 cents is an insult to shareholders."

Icahn has sued the tech company in a Delaware court, trying to block the changes to the voting rules.

Dell shares were up 5 percent at $13.61 in afternoon trading, a sign of increasing optimism that the deal will go through. But not everyone was convinced.

"We do not believe this battle is over yet, especially given yesterday's complaint filed by Carl Icahn," said Topeka Capital's Brian White.

The battle over Dell has raged for months, adding more uncertainty about a company already shrinking along with a rapidly declining PC market. Dell is trying to transform itself into an IBM-like enterprise computing firm.

Michael Dell and Silver Lake say a painful restructuring can best be performed as a private company, away from market scrutiny. Their new deal with the special committee, and a delay in the voting date to September 12, boost the buyout consortium in several ways.

The CEO is effectively agreeing to bankroll the special dividend, a source close to the matter told Reuters.

Abstentions under the previous voting system counted as "no" votes. With an estimated quarter of eligible shares not having been voted either way, that proved a substantial hurdle to overcome. Under the new deal announced Friday, shares that are not voted will be excluded from the tally.

A change in the record date by more than two months is also seen as enfranchising so-called arbitrage investors - hedge funds that bought Dell stock more recently to earn a few cents per share and would thus be more likely support the buyout.

MACHINATIONS

A vote on the buyout has been postponed now three times. The record date, which determines which shareholders are entitled to vote, will be reset to August 13 from June 3.

Under the deal, Dell shareholders will also be entitled to three regular quarterly dividends of 8 cents per share totaling 24 cents, since the first deal with Michael Dell and private equity partner Silver Lake was announced on February 5.

Michael Dell, who started the company in 1984 out of his college dorm room, agreed to swallow a hit to get the deal done, said the source close to the matter.

The special dividend of 13 cents per share will be funded with excess equity resulting from his rolling over his shares in the deal at a lower price, subsidizing Silver Lake's returns, according to the source.

He had previously agreed to roll over his shares at $13.36 per share. Together with the 10 cent per share increase in the buyout offer, this results in an increase in the original $24.4 billion bid by about $350 million to nearly $24.8 billion.

"If you have to go through these machinations to get these things through, it frankly is an excellent demonstration of why management buyouts are so problematic," said Charles Elson, director of the John L. Weinberg Center for Corporate Governance at the University of Delaware.

Although there is no regulatory or legal requirement for the buyout vote tally to include shares that are not voted, changing the rules of the game at this stage will give more ammunition to shareholders challenging the deal in court, legal experts said.

ICAHN: WILD CARD?

Icahn and Southeastern Asset Management intend to contest the new deal, pressing on with their lawsuit.

Last month, the two investors sweetened their share buyback proposal by adding warrants they say would increase the value of their offer to a range of $15.50 to $18 per share from $14 per share. Under their plan, Dell would remain a public company.

Icahn has campaigned hard to get Dell to set a date for an annual shareholder meeting so he could put up his own slate of company directors and implement his proposal.

But Dell refused to give him that chance. It said on Friday the annual meeting would be held on October 17, long after the buyout vote is held.

Another person familiar with the matter said shareholders could challenge the date of the annual meeting in court because it did not comply with rules that dictate it should be held within 13 months of Dell's previous annual meeting, which was held in July 2012.

But given that a new record date has been set for August 13 the special committee would argue that a court cannot ask the company to hold the annual meeting much earlier than October 17, the person added.

Dell's special committee chairman Alex Mandl on Friday explained the company's decision to change the voting standard.

"The original voting standard was set at a time when the decision before the shareholders was between a going-private transaction and a continuation of the status quo," Mandl said in a statement.

"Since then, the nature of the choice facing shareholders has changed because of the emergence of an alternative proposal by certain stockholders. In the context of the current decision, the committee does not believe it is appropriate to count shares that have not been voted as having been voted in support of any particular alternative."

Dell also agreed on Friday to reduce from $450 million to $180 million a break-up fee it would have to pay if the deal with Michael Dell and Silver Lake was terminated, and if within a year it enters into another transaction that does not lead to any party being a majority shareholder.

(Additional reporting by Soyoung Kim, Ross Kerber and Michael Erman in New York, Poornima Gupta in San Franscisco, and Sruthi Ramakrishnan in Bangalore, editing by Andre Grenon, Edwin Chan and David Gregorio)

Source: http://news.yahoo.com/dell-shareholders-convene-third-time-buyout-battle-escalates-040142852.html

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5 smart reactions to the Bradley Manning verdict

The polarizing secret-spiller faces up to 136 years in prison after being found guilty of 20 crimes. What does it mean for transparency, Obama, and journalism?

This week, a military judge found Pfc. Bradley Manning guilty of 20 crimes, including several violations of the Espionage Act, for his role in leaking hundreds of thousands of classified documents to WikiLeaks. Manning was acquitted on the most serious charge, aiding the enemy, which means he will avoid a sentence of life in prison without parole. He could still, however, face up to 136 years in prison.

The case has sharply divided the country. Some people argue that Manning endangered lives by leaking classified information about the U.S. military during wartime. His proponents insist that Manning performed a valuable public service by shedding light on the government's secret actions, likening him to Daniel Ellsberg, who leaked the Pentagon Papers during the Vietnam war.

Here are some of the smartest takes, from both sides, on the wider implications of the Manning verdict.

Manning's acquittal on aiding the enemy charges was a small victory for freedom of the press, argues The New Yorker's Amy Davidson:

The charge was always a stretch; the best precedent the government could come up with was a hundred and fifty years old, a case that arose in the context of the Union occupation of the Confederate-leaning city of Alexandria. As I wrote earlier, the dubious legal logic behind the charge was that giving information to a non-enemy reporter that an undesirable person might eventually read, and be glad to see, amounted to being in league with the enemy ? something that could apply to the work of any number of investigative reporters. (The prosecution acknowledged that its arguments applied as much to the Times as to WikiLeaks.) There are necessary secrets; it is always the case, in a functioning democracy, that the government also tries to declare unnecessary ones, out of embarrassment or expediency, and that the press tries to keep it from doing so. The Obama Administration has been disrupting that balance with a series of leak investigations. The acquittal was a small push back. [The New Yorker]

But the case still has hugely negative implications for journalism and WikiLeaks, writes The Guardian's Dan Gilmor:

By finding Manning guilty of five counts of espionage, the judge endorsed the government's other radical theories, and left the journalism organization that initially passed along the leaks to the public, WikiLeaks, no less vulnerable than it had been before the case started. Anyone who thinks Julian Assange isn't still a target of the U.S. government hasn't been paying attention; if the U.S. can pry him loose from Ecuador's embassy in London and extradite him, you can be certain that he'll face charges, too, and the Manning verdict will be vital to that case ? The overwhelmingly torpid coverage of this trial by traditional media has been yet another scandal for the legacy press, which still can't seem to wrap its collective brain around the importance of the case, and especially its wider context. National security journalist Jeremy Scahill summed it up after the verdict when he told Democracy Now: "We're in a moment when journalism is being criminalized." [The Guardian]

The verdict is bad news for Edward Snowden, writes Foreign Policy's Elias Groll, and makes his decision to seek asylum abroad look "all the more prescient":

In explaining his decision to flee the United States, Snowden has explained that the treatment of Manning, who has been held in solitary confinement and, on several occasions, stripped of his clothing, served as an example of the treatment he was likely to face for leaking sensitive National Security Agency documents. Now Snowden has seen Manning not only roughed up by his military captors but also convicted under the full weight of espionage charges ? Like Manning, Snowden argues that his decision to put classified documents in the public domain was done out of a desire to expose wrongdoing at the highest level of the government. But as Tuesday's verdict in the Manning trial illustrates, that argument is no defense in the face of espionage charges, which the Obama administration has relied on heavily in its efforts to crack down on national security leaks. For the administration's critics, the idea that providing information to journalists amounts to espionage is ludicrous on its face. But as the Manning verdict shows, it's a line of reasoning that holds up well in a court room. [Foreign Policy]

In the end, the presiding judge, Colonel Denise Lind, made the right call, says Paul M. Barrett of Bloomberg Businessweek:

The Manning verdict bears the strong imprint of common sense. Lind rejected the government's contention that, by dint of his training in intelligence, Manning knew his disclosures of documents and videos related to the wars in Iraq and Afghanistan would likely come to the attention of al Qaeda. On the other hand, Lind found that Manning should have known that his actions could harm the U.S., even if that was not his goal ? The judge intended to deter future Bradley Mannings from breaking the law and taking it upon themselves to decide which military secrets deserve exposure. At the same time, Lind made an implicit distinction between a leaker and a direct instrument of the nation's enemies. In so doing, she ensured that Manning's admitted misconduct will be punished, without making him into more of the martyr his supporters see him as. [Bloomberg Businessweek]

But the Obama administration's unprecedented use of the Espionage Act remains hugely problematic, writes the editorial board of The New York Times:

There is no question that Private Manning broke laws. In February he pleaded guilty to 10 of the less serious charges against him, which exposed him to up to 20 years in prison. But prosecutors continued to press the more serious charges, which included violations of the Espionage Act, a 1917 law that has become the Obama administration's hobbyhorse to go after government workers whose actions look nothing like spying. Under President Obama, the government has brought espionage charges more than twice as often under that particular law as all previous administrations combined ... Americans accept that material must be classified in the interest of national security. But that acceptance is severely tested when the government classifies more than 92 million documents in a year. [The New York Times]

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Source: http://news.yahoo.com/5-smart-reactions-bradley-manning-verdict-111500016.html

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U.S. SEC tightens client rules for broker - dealers

WASHINGTON (Reuters) - The top U.S. securities regulator on Wednesday set new rules to protect clients with cash or securities at securities brokers, requiring more disclosure and safeguards from firms including some of Wall Street's largest.

The Securities and Exchange Commission said the thousands of brokerage firms will need to file a range of new reports with regulators when holding client assets on custody. Companies affected include such names as Goldman Sachs , JP Morgan and Bank of America .

"Investors need to feel confident that their money is safe when it's being held by their broker-dealers," Mary Jo White, Chair of the SEC, said in a statement.

The SEC also amended a set of existing rules for securities brokerages, also known as broker-dealers, to better protect client money including changes to how capital is calculated and documentation and notification requirements.

The agency voted unanimously for these amendments, but was split 3-2 over the new protection rules.

The amendments to the financial responsibility rules for broker-dealers were first proposed in 2007, and the SEC had re-opened the public comment period last year.

Smaller brokerage firms in the past have complained that the extra regulatory burden the SEC rules would impose on them would mean higher costs, asking for delays.

Broker-dealers will be required to begin filing new quarterly reports by the end of 2013, while the requirement to file annual reports with the SEC will be effective as of June 1, 2014, the agency said.

(Reporting by Douwe Miedema; Editing by Gerald E. McCormick and David Gregorio)

Source: http://news.yahoo.com/u-sec-amends-responsibility-rules-broker-dealers-181058839.html

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Fed keeps stimulus going, leaves rates unchanged

Economy

Jeff Cox CNBC.com

14 hours ago

JONATHAN ERNST / Reuters

A general view of the U.S. Federal Reserve building as the morning sky breaks over Washington, July 31, 2013.

Steady as she goes. The Federal Reserve will keep interest rates unchanged and keep buying $85 billion in bonds every month while the economy keeps improving at a "modest" pace, the central bank said Wednesday.

Amid a backdrop of gradually improving economic data and concerns of asset price inflation, the Fed provided no further clues after its policy meeting this week that it will be easing back the throttle on easy money.

No changes are imminent to interest rate, but the $85 billion monthly money-printing program known as quantitative easing will be trimmed back only if the data points continue to improve.

The market has been hotly anticipating the next move in Fed policy, with tapering of asset purchases likely to begin in September.

After the decision came down, stocks added to previous narrow gains while bond yields moved little.

In all, the Fed exacted few changes to the language from its last meeting, leaving open the possibility that it could add or subtract from the QE purchases depending on conditions.

What was missing from this month was the post-meeting news conference from Chairman Ben Bernanke.

The central bank chief rattled markets in May when he suggested that QE likely would end in 2014.

Markets took the statement to mean that the Fed also would begin to raise interest rates sooner than expected. A cadre of Fed officials followed that meeting with public statements aimed at quelling fears that money tightening was coming, and the massive stock market rally of 2013 resumed.

By CNBC's Jeff Cox. Follow him @JeffCoxCNBCcom on Twitter.

Source: http://feeds.nbcnews.com/c/35002/f/663286/s/2f65965e/sc/2/l/0L0Snbcnews0N0Cbusiness0Cfed0Ekeeps0Estimulus0Egoing0Eleaves0Erates0Eunchanged0E6C10A80A9572/story01.htm

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Leon Washington wants to go beyond special teams for Patriots

Leon Washington is ready to do more than just return kicks and punts for the New England Patriots.

But if that?s all the free agent signee gets to do for his new team, he sounds ready to live with it.

?Ever since I was a rookie, I was always a team player,? Washington said Sunday, after the team?s first full-pads practice. ?That?s been my main focus. Knowing I could so many different things well -- running the ball, catching the ball, returning kicks, (I) even made tackles (on special teams) sometimes in my career.

?That?s the same approach I have here - coming in, helping the team out the best way I can.?

Washington, now 31, debuted with the New York Jets and played the last three seasons with Seattle. A 98-yard kick return for a touchdown last year gave him eight kick return TDs in his seven-year career, tying him with Josh Cribbs for the NFL record.

With Danny Woodhead leaving the Patriots for San Diego, there?s an opening for an all-purpose third-down back in New England. Shane Vereen will likely get most of that work and there?s a chance Washington won?t get much time.

?He?s played back there before but not a lot recently with the Seahawks,? Belichick said. ?We?ll put him in our system, teach him the things that he needs to learn at that position, evaluate him with the other players.?

Washington?s offensive plays indeed dwindled the last two years. Asked if that was disappointing, though, he said, ?No, not really.

?Obviously, I?m a competitor and want to be on the football field, want to be out there and help the team out as much as I can. But not really - we won a bunch of games when I was in Seattle, being a team player is the most important thing.?

He said he came to New England for the ?obvious? reasons.

?You watch this organization from afar, you see how well they do things here,? he said. ?It?s a winning organization. They believe in winning, they believe in competing.

?The most important thing that I love, that I?ve seen so far, is everybody is all about the team. Everybody is going to do whatever they do to help the team win. That?s impressive, watching it from afar. Everything when they guys come out and compete, hear them talking to the media, hear guys talking in the weight room, everything is all about the team.?

Belichick said the first day in pads is the start of the evaluation process of the bigger players on the team - the tacklers and blockers.

?It feels great,? said veteran guard Logan Mankins, who spent much of his morning dealing with Vince Wilfork on the other side of the line. ?Pretty tired right now but it?s always nice to start playing real football - to see where you?re at where you need to go.?

Wilfork stripped Stevan Ridley of the ball in a goal-line situation, one of two fumbles by Ridley on the day. (Jerod Mayo snared the other one out of the air), which led to some extra running for the back.

Notes

Tim Tebow was a bit better on Day 3 - hardly perfect, but better -- connecting on a pair of long touchdown passes. . Tom Brady had a pass intercepted by Kyle Arrington. . Rookie wide receiver Aaron Dobson had another strong day and fellow rookie Josh Boyce made his first impression. . Actor Robert Duvall, who has visited the Whitey Bulger murder trial, was at camp chatting with New England owner Robert Kraft. Also spotted: former Pats Troy Brown and Christian Fouria. . Belichick said defensive end Armond Armstead is on the non-football illness list for something not related to previous heart problems. . Linebacker Dane Fletcher, who missed all last season with a knee injury, is on the field. ?I don?t think he?s had any physical limitations to what we?ve done,? Belichick said. . The quarterbacks have video cameras attached to their helmets, another evaluation tool. ?We?ll take a look at it and see what we get out of it,? Belichick said. . Former linebacker Tedy Bruschi and retiring broadcaster Gil Santos will enter the team?s Hall of Fame before Monday night?s practice.

Source: http://www.norwichbulletin.com/sports/x1806129947/Leon-Washington-wants-to-go-beyond-special-teams-for-Patriots?rssfeed=true

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