Sunday, 14 September 2014

TECHNOLOGY Hachette writers plan to appeal directly to Amazon's board: NYT

(Reuters) - Writers published by Hachette Book Group and their allies are planning to appeal directly to the board of Amazon.com Inc to find a way out of the impasse over e-book prices, the New York Times reported.



The writers have been at the receiving end of a dispute, which has seen Amazon delay deliveries and cut discounts on some books published by Hachette, the fourth-largest U.S. book publisher owned by France's Lagardere.



Authors United, a group of Hachette writers and their allies, is warning the Amazon's board that the reputation of the retailer, and of the directors themselves, is at risk, the report said. (http://nyti.ms/1BEPbFx)



The 1,100-member group has time until Wednesday to sign a letter, which warns the directors of the disrepute Amazon's treatment of the literary community is bringing to the company, the daily reported.



The letter follows an ad in The New York Times last month that asked readers to email Amazon's CEO Jeff Bezos and ask him to relent.



Amazon last month asked readers to help in its running dispute by emailing Hachette's CEO.



Amazon says pricing e-books at $14.99 or $19.99 is too expensive and unjustifiable in most cases. It argues that lower-priced e-books sell more and so ultimately generate more revenue, and more royalties for authors.



Representatives of Authors United were not immediately available for comment.



(Reporting by Arnab Sen in Bangalore; Editing by Gopakumar Warrier)





FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

POLITICAL NEWS Liberal Vermont Senator Sanders may seek U.S. presidency in 2016

WASHINGTON (Reuters) - Bernie Sanders, one of the Senate's leading liberals, said on Sunday he is thinking about running for U.S. president in 2016 as either a Democrat or an independent in a move that could complicate Hillary Clinton's path to the White House.

Sanders, an independent from Vermont, could pose a challenge from the left to Clinton, widely seen as the front-runner for the Democratic presidential nomination. She has not officially said she is a candidate but has acted very much like one.

"I think anybody who speaks to the needs of the working class and the middle class of this country and shows the courage to take on the billionaire class, I think that candidate will do pretty well," Sanders told the NBC program "Meet the Press," giving a possible preview of his message in the 2016 campaign.

Sanders is serving his second six-year term in the Senate. He has cultivated a following among some American liberals, especially on economic issues like the growing income disparity between rich and poor and corporate greed. He is a self-described socialist who caucuses with Democrats in the Senate.

"I am thinking about running for president," Sanders said, adding that he must decide whether to run as an independent or wade into the fight for the Democratic nomination.

Sanders is testing the waters in Iowa, a state that holds an important early contest in the nomination process.

"One of the reasons I'm going to Iowa is to get a sense of how people feel about it," he said of his candidacy. "Look, the truth is (there is) profound anger at both political parties, more and more people are becoming independent. The negative is: how do you set up a 50-state infrastructure as an independent?"

Sanders said he has "a lot of respect" for Clinton, but said, "The issue is not Hillary."

With Clinton mindful of the need to appeal to moderates in any general election battle against a Republican in 2016, a Sanders candidacy could force her to the left in the Democratic primaries to head off his challenge.

Conversely, if he runs in the general election as an independent, he could siphon away from her votes from liberals that she could need to beat any Republican nominee.

American liberals have expressed disappointment with President Barack Obama on a range of issues, most recently on his decision to postpone any executive action on immigration even as Republican leaders in the House of Representatives block action on a bipartisan Senate-passed plan.

Sanders said that he has "a lot of disagreements" with Obama, adding: "I think he has not tapped the anger and the frustration that the American people feel on many, many issues."

(Reporting by Will Dunham; Editing by Caren Bohan)



FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

TECHNOLOGY Alibaba worried about Facebook IPO as considered Nasdaq versus NYSE

(Reuters) - Alibaba Group Holding Ltd could have sold nearly $2 billion worth of stock without lifting a finger. All it had to do was list its shares on Nasdaq.

That listing would have guaranteed Alibaba inclusion in the Nasdaq 100 Index by the end of the year, and funds which track the index would have had to buy.

But two sources familiar with the situation said Alibaba executives worried about Nasdaq's ability to handle their $21 billion initial public offering later this month, since the exchange botched Facebook's market debut two years ago. 

Nasdaq tried to persuade Alibaba that it had fixed the problem, the sources said, but it is not clear whether they were swayed. 

One of the sources said that Alibaba eventually was satisfied that Nasdaq had solved the issue and chose NYSE because its overall pitch was better. The other said Nasdaq executives believed that Alibaba decided that the possibility of a botched IPO, however small, outweighed the possible benefits of being in the index.

Alibaba and NYSE declined to comment, while a spokesman for Nasdaq, which has repeatedly said it has fixed the issues that went wrong in the Facebook IPO, said "It was a close race, and we wish Alibaba well."

Alibaba's misgivings about Nasdaq's technology, two years after Facebook's glitch-ridden, $16 billion market debut, show the incident continues to threaten Nasdaq's reputation.

Listings contributed only 12 percent of Nasdaq's $1.9 billion in revenues in 2013, and large listings such as Alibaba's are less profitable for exchanges, but within the financial community they are taken as a barometer of success.

Nasdaq systems buckled under the tremendous volume of orders on the first day of trading in Facebook's shares in 2012, leading to hours of delay.

In its presentation to Alibaba, Nasdaq detailed the steps it had taken to prevent another Facebook-style glitch, two sources familiar with the pitch said. The exchange has said it responded to Facebook by putting extra safeguards in place, creating new positions within the company to improve communications with the industry and regulators when errors occur, and establishing an engineering team to monitor and analyze daily performance.

       

INDEX FUND BEDROCK

The decision not to go with Nasdaq meant that Alibaba may not join any major global index this year.

"There is a pretty strong argument that index inclusion equals stability," Kevin Landis, chief investment officer of Firsthand Capital Management, a Silicon-Valley-based technology-investing specialist with $400 million in assets under management.

ETFs and mutual funds that track such benchmarks have to buy and hold their stock.

The Nasdaq 100, which includes companies such as Apple and Google, has a market capitalization of $4.75 trillion. Funds such as the $46.8 billion QQQ PowerShares exchange-traded fund, the fifth-biggest ETF in the world, track the Nasdaq 100, according to data from Thomson Reuters' Lipper service.

If the IPO values the company at $200 billion, Alibaba would have been about 3.3 percent of the index. There are more than $54 billion in ETF assets alone linked to the index, which means at least $1.7 billion would have flown into Alibaba shares.

The chance to get on Nasdaq 100 was a selling point for Facebook itself. In the lead-up to the Facebook IPO, Nasdaq reduced the amount of time a qualifying firm needs to be listed on Nasdaq in order to be added in the index to three months from a year.

Alibaba doesn't qualify to be on many of the world's major indices, since it is registered in the Cayman Islands. The behemoth S&P 500 Index, which has a market capitalization of $18.6 trillion, only lists U.S. companies.

The Chinese firm is not eligible to be part of the biggest MSCI or FTSE indices for other reasons, although MSCI is looking at changing its index rules in a way that could put Alibaba on a major index.

And finally, Alibaba gave up a chance for mainland Chinese to invest, since China-based money manager Guotai Asset Management's Guotai Nasdaq 100 Index trades on the Shanghai Stock Exchange.

"It falls into this no man's land of indexing," said Dennis Hudachek, a senior ETF specialist with ETF.com, an expert on exchange-traded funds.

(Editing by Paritosh Bansal and Peter Henderson)



FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

TOP NEWS U.S. sees Middle East help fighting IS, Britain cautious after beheading

WASHINGTON/LONDON (Reuters) - Washington said countries in the Middle East had offered to join air strikes against Islamic State militants and Australia said it would send troops, but Britain held back even after the group beheaded a British hostage and threatened to kill another.

U.S. Secretary of State John Kerry has been touring the Middle East to try to secure backing for U.S. efforts to build a coalition to fight the Islamic State militants who have grabbed territory in Syria and Iraq.

The United States resumed air strikes in Iraq in August for the first time since the 2011 withdrawal of the last U.S. troops, fearful the militants would break the country up and use it as a base for attacks on the West.

The addition of Arab fighter jets would greatly strengthen the credibility of what is a risky and complicated campaign.

"We have countries in this region, countries outside of this region, in addition to the United States, all of whom are prepared to engage in military assistance, in actual strikes if that is what it requires," Kerry said.

"And we also have a growing number of people who are prepared to do all the other things," he said in remarks broadcast on Sunday on the CBS program "Face the Nation".

Australia became the first country to detail troop numbers and aircraft to fight the militants in Iraq. It said it would send a 600 strong force and eight fighter jets to the region but did not intend to operate in Syria.

Russia, at odds with the West over Ukraine, has said any air strikes in Syria would be an act of aggression without the consent of President Bashar al-Assad or an international mandate.

Britain has often been the first country to join U.S. military action overseas and is under pressure to get much tougher with IS after video footage of the killing of Briton David Haines by IS militants was released on Saturday.

In footage consistent with the filmed executions of two American journalists, James Foley and Steven Sotloff, in the past month, they also threatened to kill another British hostage.

Speaking after chairing a meeting of the government's emergency response committee in London, Prime Minister David Cameron called the killing of Haines, a 44 year-old Scottish aid worker, callous and brutal and hailed him as a "British hero".

"We will hunt down those responsible and bring them to justice no matter how long it takes," he said, calling IS "the embodiment of evil" and saying his government was prepared "to take whatever steps are necessary" against the militants.

SUNNI "ANVIL"

But he did not announce any air strikes, mindful of war-weary public opinion, parliament's rejection last year of air strikes on Syria, and sensitivities surrounding Scotland's independence referendum on Thursday.

U.S. allies are skeptical of how far Washington will commit to a conflict in which nearly every country in the region has a stake, set against the backdrop of Islam's 1,300-year-old rift between Sunnis and Shi'ites. Many fear there is not enough emphasis on ensuring the Iraqi government is strong and united enough to overcome sectarian divisions and run the country effectively after any intervention.

Britain and the U.S. have ruled out sending ground troops back into Iraq and Kerry did not say which countries had offered.

"We're not looking to put troops on the ground," he said. "There are some who have offered to do so, but we are not looking for that at this moment anyway."

On the CNN program "State of the Union," White House Chief of Staff Denis McDonough was asked if this coalition would need ground troops beyond opposition forces in Syria and Kurdish and government forces in Iraq.

"Ultimately to destroy ISIL we do need to have a force, an anvil against which they will be pushed - ideally Sunni forces," he said, using an acronym for Islamic State.

"EXTREMELY ENCOURAGED"

On Thursday, Kerry won the backing for a "coordinated military campaign" from 10 Arab countries - Egypt, Iraq, Jordan, Lebanon and six Gulf states including rich rivals Saudi Arabia and Qatar.

"This is a strategy coming together as the coalition comes together and the countries declare what they are prepared to do," Kerry said in the interview, taped on Saturday in Egypt.

"I've been extremely encouraged to hear from all of the people that I've been meeting with about their readiness and willingness and to participate," Kerry added.

France has offered to take part in air strikes in Iraq and is expected to give more details this week on what it is willing to do, although its financial resources and forces are already stretched with more than 5,000 soldiers in West Africa.

Michael McCaul, a Republican who chairs the House of Representatives Committee on Homeland Security, told the same CBS program that Prince Ali bin Al Hussein of Jordan told him "he is ready to put his troops into Syria to fight ISIS".

The U.S. could also try to persuade Egypt to put troops in Syria," McCaul said.

A conference in Paris on Monday brings Iraqi authorities together with about 30 countries and organizations to coordinate their response to the Islamic State.

"It will also be the first time to really gage what Russia thinks and is ready to do," a French diplomat said.

The diplomat said Syria was a different case.

"The situation is not the same either legally or militarily. We do not want to strengthen Assad so we have to be sure that strikes there don't do that," the diplomat said.

"We are ready to help Iraq's government which has asked for our help, but not Assad's dictatorship."

(Additional reporting by Jason Szep and John Irish in Paris, Timothy Gardner in Washington, Morag MacKinnon in Perth, Australia and William Maclean in Dubai; writing by Philippa Fletcher; editing by Anna Willard)



FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

TOP NEWS Scots independence battle reaches fever pitch on streets and screens

GLASGOW Scotland (Reuters) - Thousands of independence supporters took to the streets of Scotland's largest city, Glasgow, on Sunday as polls showed the rival camps running desperately close just five days before a referendum which could bring the break-up of the United Kingdom.

Separatist and unionist leaders worked across the country to woo undecided voters among the four million people Scots and Scotland residents who will vote on their future on Thursday.

Scottish National Party leader Alex Salmond, who has spearheaded the drive for independence, said he was confident the "Yes" campaign would win.

"We're not aiming to win by one vote. We're aiming to achieve a substantial majority if we can," he said on the BBC.

Alistair Darling, a former British finance minister and leader of the "Better Together" campaign, warned that if Scots vote to split from the United Kingdom, it would be an irreversible decision that would bring economic doom and gloom.

With promises from British political leaders of greater powers for Scotland in the event of a "No" vote, Scots could have the best of both worlds, Darling said.

And Queen Elizabeth, coming out of a Sunday morning church service near her Scottish residence Balmoral, told a well-wisher she hoped Scots would think very carefully about the future.

In Glasgow, the blue badges of the "Yes" to independence campaign dominated central Buchanan Street, with a convoy of cars driving through the downtown waving "Yes" banners and tooting horns. Buskers also sang in support of independence and a bagpipe-and-drum band drew a large crowd.

The Glasgow vote will be crucial to the result, given the city's size.

Thousands of people marched to the BBC headquarters, complaining that the state-run broadcaster was biased against the "Yes" campaign.

"We pay our license fees. We don't want them to favour us - we were just marching for an impartial state broadcaster," said Liz, a teacher.

Salmond has frequently accused the BBC - which could be carved up if Scotland votes for independence - of siding with the unionists. A BBC spokesperson said the corporation has been "rigorously impartial".

But the incident showed the high emotions and divisions stirred by the referendum, which could result in the end of the 307-year-old union with England and the break-up of the United Kingdom.

"No one wants to forget what we achieved together during the two World Wars. But where's the vision for the future?" said Ian, an IT manager from Glasgow who had been on the march.

Independence supporters say it is time for Scotland to choose its own leaders and rule itself, free of control from London and politicians they say ignore their views and needs.

"No" campaigners say Scotland is more secure and prosperous as part of the United Kingdom and the end of the union would destroy three centuries of bonds and shared history as well as bring in economic and financial hardship.

More than 4 million Scots as well as English and foreign residents, from the Highands and Islands to Glasgow's gritty inner city estates, are eligible to vote. The question on the ballot paper will ask simply: "Should Scotland be an independent country?"

Out of four new polls, three showed those in favour of maintaining the union with a lead of between 2 and 8 percentage points. But an ICM poll conducted over the Internet showed supporters of independence in the lead with 54 percent and unionists on 46 percent.

RELOCATION PLANS

Last week, Scottish–based banks including RBS (RBS.L) said they had plans to relocate should independence happen, big retailers spoke of possible price rises north of the border and Germany's Deutsche Bank warned of economic meltdown.

Salmond has dismissed this as a London-contrived campaign of bullying and scare-mongering. However, the pound had dropped on market concerns of a "Yes" victory and investors have pulled billions out of British financial assets.

The biggest financial question is what currency an independent Scotland would use. Salmond insists it would keep the pound in a currency union with the rump UK, but Prime Minister David Cameron and others have ruled this out.

Until September, all polls but one in 2013 had shown the unionists with a comfortable lead. But such is the gravity of the situation that finance minister George Osborne cancelled a trip to the G20 meeting in Australia after the vote. Bank of England Governor Mark Carney will leave the G20 meeting early.

The Queen's comment was taken by unionists as a sign of support for Scotland remaining within the United Kingdom. A Buckingham Palace source stressed that the queen was constitutionally above politics and would express no view.

Salmond has said she should stay on as Queen of Scots if independence happens.

Meanwhile the head of the Church of Scotland appealed for Scots to put their differences aside and reconcile after the referendum, whatever the outcome.

In a nationally-broadcast sermon at Edinburgh's St. Mary's Episcopal Cathedral, Reverend John Chalmers urged Scots to vote.

But he added: "The real success of next Thursday will be that...every voice will continue to play its part in shaping the kind of Scotland that people in Scotland vote for," he said.

(Additional reporting by Guy Faulconbridge, Writing by Angus MacSwan, Editing by Ralph Boulton)

FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

ENTERTAINMENT NEWS: 'No Good Deed' upstages 'Dolphin Tale 2' at box office

LOS ANGELES (Reuters) - Thriller "No Good Deed," the story of an escaped convict who terrorizes a woman and her children inside their home, seized the top spot on U.S. and Canadian box office charts over the weekend, beating family friendly sequel "Dolphin Tale 2."



"No Good Deed" collected $24.5 million in domestic ticket sales from Friday through Sunday, according to estimates from tracking firm Rentrak. "Dolphin Tale 2," the sequel to a 2011 hit about a plucky marine mammal, finished second with $16.6 million.



Last weekend's winner, Marvel's hit space adventure "Guardians of the Galaxy," dropped to third place with $8 million at domestic theaters.



"No Good Deed" stars Idris Elba as an escaped prisoner who terrorizes a mother and her two children after he shows up at their suburban Atlanta home claiming car trouble. Taraji P. Henson plays the mother.



"Dolphin Tale 2" is a follow-up to a 2011 hit about the real-life rehabilitation of a dolphin named Winter that lost its tail in a crab trap. In the sequel, the team that saved Winter seeks a new companion for her after her surrogate mother dies.



"Guardians of the Galaxy" features Chris Pratt and Zoe Saldana as leaders of a group of oddball warriors including a machine gun-firing raccoon.



"Dolphin Tale 2" was released by Warner Bros., a unit of Time Warner Inc. Sony Corp's movie studio released "No Good Deed." Walt Disney Co distributed "Guardians of the Galaxy."



(Reporting by Lisa Richwine and Andrea Burzynski; editing by Ralph Boulton)





FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

ENTERTAINMENT Music underpins eclectic array of Toronto film festival features

TORONTO (Reuters) - From dramas about mentors and their apprentices, to imaginative musicals, biopics, and documentaries, music underpinned an eclectic swathe of movies appearing at this year's Toronto International Film Festival.

These ranged from high profile galas like Francois Girard's 'Boychoir' and the Canadian premiere of Sundance favorite 'Whiplash' to Ethan Hawke's intimate and well received study of a former concert pianist.

Girard, who also made 'Thirty Two Short Films About Glenn Gould' and 'The Red Violin', said he does not want to be pigeonholed as a director of music-related projects, but that once again a story centered around this theme spoke to him.

"Music is important to all film makers. It's a very important part of the film vocabulary and we all cherish the tool," Girard told Reuters. "I trust music more than the words when it comes to depicting emotions."

Girard's 'Boychoir' and director Damien Chazelle's semi-autobiographical 'Whiplash' both portray students striving for greatness under genius teachers - one simply demanding and one monstrously abusive.

In 'Whiplash', which premiered earlier this year at the Sundance Film Festival, Chazelle uses drumming as a visual and tension-building tool to drive the film to its energetic climax.

In 'Boychoir' the focus is on voice, and the efforts of a traditionalist choirmaster played by Dustin Hoffman to bring harmony to the life of an angry, orphaned 11-year-old attending an exclusive boarding school.

The heartbreak of broken dreams form the basis of two musicals which had their world premieres at 11-day festival, which ends on Sunday: Richard LaGravenese's 'The Last Five Years' and Jeffrey St. Jules' debut feature, 'Bang Bang Baby'.

'The Last Five Years' is a sung-through musical chronicling the failed relationship between a struggling actress and her successful author husband, while 'Bang Bang Baby' is a surreal take on the aspirations of a small town girl in the 1960s.

LaGravenese told audience members at a screening of the film - based on Jason Robert Brown's off-Broadway production - that having the cast sing live was a crucial component.

"It's the only way you can do it, because it's so emotional, it's so intimate," he said.

Other music-related projects making their world debuts in Toronto included 'Love and Mercy' - a biography of Beach Boy Brian Wilson covering his creative peak in the 1960s and painful recovery from mental illness and addiction - and 'Roger Waters: The Wall.' The latter documents the monumental and pyrotechnic three-year concert series launched by the Pink Floyd co-founder.

By contrast, in Hawke's documentary 'Seymour: An Introduction', the titular pianist, Seymour Bernstein, shares valuable life lessons on the role of music.

"We all know passion, joy, sadness, longing. We all know those emotional conditions. Music encapsulates all of human emotion, in a way, more succinctly even than words do," Bernstein told Reuters.

"It affords the performer a means of communicating in a way that you can't communicate in any other form."

(Editing by Jeffrey Hodgson)



FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

ENTERTAINMENT Sam Smith holds off Robert Plant to keep top UK music chart spot

LONDON (Reuters) - English singer-songwriter Sam Smith held onto the number one spot in Britain's album charts on Sunday, seeing off a strong challenge from Led Zeppelin frontman Robert Plant, the Official Charts Company said.



Plant's new release, "Lullaby And The Ceaseless Roar", his 10th solo outing, rocketed to number two, making it the highest new entry. The Official Charts Company said it had topped the chart all week "until the eleventh hour" when it had been "pipped to the post."



For Smith, who won a prize at this year's BRIT awards, it meant a fourth non-consecutive week at number one for his album "In The Lonely Hour".



In the singles chart, Scottish DJ Calvin Harris grabbed the top spot with his new track "Blame" featuring John Newman. It was his fifth singles number one as a lead artist in Britain and his seventh in total.



Last week's chart topper, French-Israeli duo Lilly Wood and German producer Robin Schulz, fell to second place with "Prayer in C".



(Reporting by Andrew Osborn; Editing by Tom Heneghan)





FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

NEW MOVIE: Based on true life story 'Dolphin Tale' hero's new home tangled in aquarium politics

LEARWATER Fla. (Reuters) - The family-friendly hit "Dolphin Tale," whose sequel opened in theaters this weekend, tells the true story of a dolphin who learns to swim without a tail. The movie ends with Winter, the tail-less dolphin, helping save the struggling Florida aquarium that rescued her. In real-life, the story has not yet wrapped up so neatly.

Even Hollywood fame could not provide Winter a pass on aquarium politics at a time when live marine animal exhibitions are facing intense public scrutiny.

An ambitious proposal to build Winter a new waterfront home was scaled back recently amid concern about expenses and the potential for staged performances like those under fire at SeaWorld's theme parks.

"Winter can't do those kind of shows, even if we wanted to, which we don't," said David Yates, chief executive officer at her home, the Clearwater Marine Aquarium. "We have never been about big shows. That was a misperception."

Winter's latest dilemma started when crowds of camera-toting tourists showed up to meet the chirping star of the 2011 hit, featuring Harry Connick Jr., Ashley Judd and Morgan Freeman.

"Dolphin Tale" and its sequel, "Dolphin Tale 2," were filmed at the Clearwater aquarium, a sun-bleached former sewage treatment plant retrofitted as a marine animal hospital.

Attendance at the west central Florida attraction soared after the release of the movie, from about 100,000 visitors in typical years prior to 750,000 since.

"We are just wildly overcrowded," Yates said, adding that one-third of the visitors are children with disabilities, or families drawn to Winter's story after their own hardships.

The chance to watch Winter maneuver her amputated tail and exercise with a novel prosthetic tail lured the Main family of Galesburg, Illinois, in planning a Florida vacation.

"We both lost our moms, and we both went through something in our lives but didn't give up," Destany Main, 17, said during a visit this week, slurping snowcones with her cousin, Macy Main, 8.

The attendance surge helped expand a turtle ICU and build a dolphin rehabilitation deck at the aquarium, which did not share in the proceeds from the movie that grossed $72.3 million at domestic box offices. Yet other amenities remain outdated.

There is no permanent ticket center by a makeshift food court, and it's hard to maneuver wheelchairs through narrow hallways to view the dolphins underwater.

Winter's emotional pull could not silence local skepticism over an expansion initially projected to cost $160 million.

Incidents at other attractions in which trainers have been injured or even killed are raising questions internationally about staged marine animal performances, which critics say are stressful for sea mammals and often take place in enclosures that are too small.

Locally, competition for visitors was another concern about the expansion, with the Florida Aquarium's larger facilities only 45 minutes away in Tampa.

Winter's keepers last month responded with revised plans calling for a $68 million aquarium. Gone are the proposals for stadium bleachers that raised questions about staged animal performances.

As fundraising ramps up around the sequel's release, the aquarium now has Hope, another rescued dolphin who co-stars as Winter's companion in "Dolphin Tale 2," which highlights the aquarium's motto of "Rescue, Rehab, Release."

"From a fundraising perspective," Yates said, "it's spot on about our mission."

(Editing by Andrew Hay)



FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

PAGEANT NEWS: Miss America to be crowned on Sunday in stressed Atlantic City, N.J.

Sept 13 (Reuters) - The winner of the 2015 Miss America Pageant will be crowned on Sunday night in Atlantic City, and the wearer's glittering tiara will stand in contrast to the tarnished fortunes of this New Jersey beach town where yet another casino is slated to close this week.

The newest Miss America is choreographed to walk the 50-foot runway to the tune of "There She Is, Miss America," in a hall next door to Trump Plaza, whose slated shutdown on Tuesday means the gambling mecca will have lost a third of its casinos since the start of the year.

Atlantic City officials hope the 94-year-old beauty pageant, which returned to the casino-dotted Jersey Shore town last year after eight years in Las Vegas, will help revive the city in the wake of recent financial turmoil.

Three other casinos have shut down this year - the glitzy two-year-old Revel, the sprawling Showboat and the rundown Atlantic Club. The owner of the aging Trump Plaza is also threatening to close the enormous Trump Taj Mahal in November.

Roughly 8,300 jobs have been cut so far this year. Since 2006, gambling revenue for Atlantic City has been cut nearly in half.

"Obviously, our hearts go out to so many who have lost their jobs," said Sam Haskell, chief executive of Miss America Organization. "We hope that Miss America not only will generate more interest in Atlantic City, but will generate more local business."

Pageant judges score contestants from the 50 U.S. states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands based on a talent competition, a personal interview, their answer to an on-stage question, and their appearance in gowns and swimsuits.

The pageant, which made its television debut 60 years ago, is scheduled to be broadcast live on Sunday starting at 8 p.m. EDT on ABC.

The pageant is at the forefront of Atlantic City's efforts to rebrand itself as more than just a gambling town.

"We're diversifying the amenities... and focusing on building out tourism opportunities for people to come and enjoy while they're here," said Susan Ney Thompson, a top official at the Casino Reinvestment Development Authority.

(Editing by Barbara Goldberg and Leslie Adler)



FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

SPORTS NEWS: Norman a 'lucky man' after chainsaw hand injury

(Reuters) - Golfing great Greg Norman said he was "one lucky man" after injuring his left hand while working with a chainsaw at his south Florida home.



The 59-year-old Australian, now recovering from the accident, needed surgery to repair nerve damage.



The former world number one, who won the British Open in 1986 and 1993, posted a picture late on Saturday on photo-sharing site Instagram of himself lying in a hospital bed with a heavily-bandaged left arm.



"Working with a chainsaw ALWAYS be respectful of the unexpected. I was one lucky man today. Damaged, but not down & out. Still have left hand," Norman, nicknamed the 'Great White Shark', said in a message on Twitter with the picture.



According to the Golf Channel on Sunday, Norman sustained no muscular damage in the accident, which occurred while he was cutting back trees on his property.



A week ago, Norman posted a picture of himself on Instagram working with a chainsaw to cut a small tree.



"Time to trim the sea grapes today. Never ask someone to do something that you can do yourself. Love to work!" he said.



On Sunday, Norman posted another Instagram, this time with him standing shirtless in front of the tree, giving a thumbs-up with his right hand while his left arm was protected by a purple foam brace.



"Thank u all for your concern & good wishes. All well the morning after the accident. Here I am at the scene of the crime w/my new fashion statement!" Norman said.



(Writing by Sudipto Ganguly in Mumbai; Additional reporting by Mark Lamport-Stokes in Atlanta; Editing by Alan Baldwin)





FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

BUSINESS NEWS: Reinsurers flock to Monte Carlo as market storm brews

MONACO (Reuters) - For a financial sector posting a double-digit rise in earnings and boasting large cash piles, reinsurers sure see a lot of storm clouds on the horizon.

That's because they are facing what many see as an unprecedented problem: an abundance of reinsurance supply coupled with a lack of demand from insurance company clients that is driving up competition among reinsurers and driving down prices for all of them.

The gloomy outlook has pressured the share prices of the world's top reinsurers this year and the frustration of normally staid industry executives - who gather this weekend at the Mediterranean resort of Monte Carlo for their annual jamboree - is palpable.

"I am disappointed, exasperated, and even rather appalled by what is happening in the market," said Nikolaus von Bomhard, chief executive of the world's biggest reinsurer, Munich Re.

"I've been in the business long enough to be able to say: this is bad news," he told a news conference last month.

Looking at reinsurers' current profits, things might seem fine.

The world's 31 top reinsurers - whose business is to help insurers pay big damage claims for disasters like hurricanes or earthquakes in exchange for part of the premium - posted a 12 percent rise in net income to $14 billion in the first six months of this year, compared with the same period last year, according to insurance broker Aon Benfield.

Unusually low payouts for natural catastrophes in recent years have also bolstered the bottom line, contributing to a rise in the amount of capital available for reinsurers to act as insurance companies to insurance companies - which Aon Benfield said increased by 6 percent to $570 billion at the end of June from the end of December.

On top of the big cash piles held by reinsurers such as Munich Re, Swiss Re and Hannover Re, outsiders have also been muscling in.

Capital market investors such as pension, hedge and sovereign wealth funds as well as wealthy individuals, looking for higher returns than they can find on government or corporate bonds, have been pouring money into the reinsurance market via specialized investment vehicles.

PRICE WAR

As if that were not enough, insurers like Allianz, Axa and Zurich are feeling financially stronger and more capable of retaining risk, prompting them to cut back on the amount of reinsurance protection they buy.

With the market shrinking, many reinsurers have been forced into successive rounds of price cuts or have granted improved terms and conditions to their customers to protect market share.

Credit rating agency Standard & Poor's sees prices on average down by 5-10 percent this year and next, with smaller and non-diversified reinsurers having the toughest time.

"Those who aren't able to defend their competitive positions and their bottom lines could struggle to survive," said S&P analyst Dennis Sugrue.

Consolidation among smaller players has long been predicted but little has come to pass so far. Market observers predict the internecine price war is unlikely to come to an end any time soon and share prices will remain under pressure.

The STOXX Europe 600 insurance index, which includes insurers and reinsurers, has risen by 4.8 percent since January - however this has been driven by insurers, with many reinsurers having lost ground.

Munich Re's shares have fallen by 2.4 percent and No.2 player Swiss Re's by 1.2 percent. French reinsurer Scor is down nearly 10 percent so far this year.

Faced with a difficult reinsurance market, big reinsurers are choosing to boost dividends and buy back their own shares, a move that credit rating agencies say makes sense.

"Returning capital to shareholders reduces the pressure to do something that has higher risk," said Moody's analyst Stan Rouyer.

"This is the right time to return capital to shareholders."

(Editing by Pravin Char)



FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

SPORTS NEWS: No grand slam winners but France have impressive depth

PARIS (Reuters) - France have a real chance of beating Switzerland in the Davis Cup final, even if Roger Federer and Stanislas Wawrinka will stand in their way.

While the Swiss, who will play away, rely on the fitness of grand slam champions Federer and Wawrinka in the singles, the less illustrious French can boast impressive strength in depth.

Les Bleus, who knocked out holders Czech Republic 4-1 in the semi-final, have five top 30 players to choose from - an important consideration as yet another energy-sapping season draws to an end.

"France can choose the clay again, and they have five top players, so it's 50-50," said Czech captain Jaroslav Navratil.

Against the Czech Republic, who had won the two previous editions of the competition, France captain Arnaud Clement opted to leave Gael Monfils out of the first singles despite - or perhaps because of - his fine run at the US Open, where he reached the quarter-finals.

Instead, he picked a fresher Richard Gasquet to face world number six Tomas Berdych, who had also reached the last eight in New York the previous week and was lacking practice time on clay courts.

"Our strength is that the Czechs had to field Berdych while we could make do without Gael," substitute Gilles Simon explained.

Indeed, Berdych seemed to struggle and lost to Gasquet in straight sets on Friday and was clearly the weak point in Saturday's doubles.

After Gasquet defeated Berdych, Jo-Wilfried Tsonga, the world number 12, gave France the second point with a straight-set victory over Lukas Rosol before both players paired up to beat Berdych and Radek Stepanek in four sets in Saturday's doubles.

FAVORITES

For the doubles, Clement had the luxury to leave French Open doubles champion Julien Benneteau out as he opted to bank Tsonga and Gasquet's form.

There was no drama in the French camp when Clement announced that decision, any more than there had been when he chose to leave Monfils out.

"I had to be honest with my team mates, I did not feel it," said Monfils. "I could not be at 100 percent on Friday. I said 'You, Richard, you've been playing well. If I'm tired, Berdych had to be tired, too'."

Clement listened and decided to pick Gasquet, who was impressive against Berdych and in the doubles.

"I am happy I have to make these choices," he said.

Simon said Gasquet was fired up to be picked.

"He sees that we leave a strong player on the bench and the guy is not injured so it means he is not here by default. It gives you confidence," said Simon. "Sending Richard on Friday was a collective decision."

Tsonga believes this generation of French players, who have yet to win an individual grand slam title, has what it takes to claim a major one together.

"We want to prove that this generation can do great things," said the 2008 Australian Open finalist.

"Tsonga is not just the player who lost to David Ferrer at Roland Garros, Gasquet is not just the player who played the match he played at the US Open (losing to Monfils in three sets in the third round), Monfils is not just an unpredictable player.

"The wide audience will not see us as favorites against Switzerland, but in our minds, we are the favorites."

The final will be played in France from Nov. 21-23.

(Reporting by Julien Pretot; Editing by Alan Baldwin)



FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

SPORTS NEWS: France wraps up Czech Republic tie with 4-1 win

PARIS (Reuters) - France wrapped up their Davis Cup semi-final tie against holders Czech Republic 4-1 on Sunday, a day after securing their final spot on home soil.



Julien Benneteau lost 6-4 6-3 to Jiri Vesely before Gael Monfils beat Lukas Rosol 5-7 6-4 7-5 in the reverse singles at Roland Garros.



Richard Gasquet and Jo-Wilfried Tsonga secured the winning point in Saturday's doubles by beating Radek Stepanek and Tomas Berdych 6-7(4) 6-4 7-6(5) 6-1.



On Friday, Gasquet defeated Berdych 6-3 6-2 6-3 while Tsonga defeated Rosol 6-2 6-2 6-3.



Les Bleus will take on Switerland in the final at home on Nov. 21-23.



(Reporting by Julien Pretot; Editing by Sudipto Ganguly)





FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™

DOWNLOAD VIDEO: Davido Talks HKN, Beef With Wizkid On “The Truth”

Catch a new episode of "The Truth" with Olisa Adibua as he keeps it 100 with arguably one of Africa's most successful musical talent in 2014, Davido aka O.B.O. In this laid-back interview, the Nigerian phenom opens up on his life and early beginnings in music, family, ladies, his music label – HKN Gang and his rivalry with Wizkid.



Feel free to leave a comment below for the Skelewu and Aye Crooner. Don't forget to subscribe to catch new episodes of "The Truth" every Thursday.



The Truth DOWNLOAD»

http://maxi3.tooxclusive.com/wp-content/uploads/2014/09/The-Truth-about-Davido-THE-TRUTH-Episode-3.mp4?a74419



FIND OUT MORE ABOUT 'BEN Latest News'



'Like us on Facebook'

http://www.facebook.com/pages/BEN-Latest-News/443681719077160



'Follow us on Twitter'

www.twitter.com/benlatestnews



For Advertisment and Partnering with us contact CEO on BB PIN: 260158B5

BEN Latest News™