Monday, July 1, 2013

Autoliv to Build Chinese Textile Center

In a bid to be more competitive, auto airbag manufacturer Autoliv announced yesterday that it will invest $50 million to build a new textile center in China that?will consist of a weaving plant, an airbag cushion plant, and a development center for airbag cushions and textiles.

Because of the strong demand for airbags in China and across Asia, Autoliv is looking to reduce supplier costs by becoming vertically integrated. When completed, the new center will give the airbag maker a central hub for its patented "one-piece-woven" technology that makes airbag cushions?almost ready-made on the weaving loom. A separate building on site will manufacture the airbag cushions themselves, which represents a relocation of Autoliv's facility from Shanghai.?

Autoliv President and CEO Jan Carlson said, "The textile center will increase our level of in-house component sourcing and enable standardized designs in Asia region and globally, while shortening and streamlining our supply chain."

The weaving plant will be almost 100,000 square feet in size and will employ around 150 people. The similarly sized cushion facility will employ around 1,000 people. Together with the development center that will be constructed and will focus on standardized designs for the Asia region, Autoliv will have?in-house manufacturing of its OPW across Europe, the Americas, and Asia.

The airbag maker?produced 70 million airbag cushions in-house and purchased 40 million from external suppliers for its total production of 110 million complete airbags?globally last year.

Headquartered in Stockholm, Sweden, Autoliv is?the worldwide leader in airbag?safety systems for all the world's major car manufacturers. Together with its joint ventures, Autoliv has approximately 80 facilities with more than 50,000 employees in 29 countries. It had global sales of?$8.3 billion in 2012.

The article Autoliv to Build Chinese Textile Center originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends Autoliv. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Source: http://www.dailyfinance.com/2013/06/29/autoliv-to-build-chinese-textile-center/

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Body of Pa. man killed by flooding is found

BEECH CREEK, Pa. (AP) ? The body of a missing 86-year-old man swept away by rising flood waters after storms inundated central Pennsylvania has been found, authorities said Sunday.

State police said kayakers found the body of Claude Rupert on an island in Bald Eagle Creek on Saturday afternoon. Officials said the Beech Creek man was trying to retrieve an all-terrain vehicle when he was pulled into the swollen creek Thursday.

Clinton County emergency officials said about 7 inches of rain fell in a single hour Thursday in one part of the county. The Pennsylvania Emergency Management Agency said one home in the area was destroyed and another was left with major damage, while 14 others were also damaged. More than 30 miles of roadway were also affected by the flooding.

The storms that moved through the northeast late in the week also brought flooding to other areas, including upstate New York. An 87-year-old Fort Plain woman was still missing Sunday after her mobile home was lost to the rising waters two days earlier.

Gov. Andrew Cuomo declared a state of emergency because of flooding in 15 counties on Saturday.

In the city of Oneida, 150 homes were evacuated when Oneida Creek jumped its banks Friday. Police and firefighters continued to take people to their homes by boat Sunday to get medications and pets. Mayor Max Smith said a bus shuttle service was being set up to provide transportation for people who can't get to their flooded vehicles.

Highway workers were busy over the weekend repairing washouts that happened Friday in Keene Valley, Jay and Johnsburg in the Adirondacks.

Parts of Pennsylvania, New York and Ohio were under flash flood warnings for at least part of Sunday.

Source: http://news.yahoo.com/body-pa-man-killed-flooding-found-182659566.html

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NBA Free Agency 2013: Rockets to have first crack at Dwight Howard

The Dream Shake, a Houston Rockets community

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Source: http://www.thedreamshake.com/2013/6/29/4478214/nba-free-agency-2013-rockets-to-have-first-crack-at-dwight-howard

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Texas lawmakers are back, and so is abortion fight

AUSTIN, Texas (AP) ? Round two of Texas' fierce ideological battle over abortion limits was set to begin Monday, less than a week after a Democratic filibuster and hundreds of raucous protesters threw the end of the first special session into chaos.

The Legislature's Republican majority has vowed to pass wide-ranging abortion restrictions quickly and easily this time, even as opponents mobilize for more protests.

"The world has seen images of pro-abortion activists screaming, cheering," Republican Gov. Rick Perry said. "Going forward, we have to match their intensity but do it with grace and civility."

Lawmakers finished their regular session May 27, but Perry called them back immediately for 30 more days to approve, among other things, the tight new limits on abortion.

On the extra session's last day, however, Democratic Sen. Wendy Davis of Fort Worth was on her feet for more than 12 hours ? speaking most of that time ? as Democrats used a filibuster to help kill the sweeping abortion bill.

As the midnight deadline loomed, Republicans used parliamentary technicalities to silence her, but hundreds of protesters in the public gallery and surrounding Capitol corridors cheered so loudly that senators on the floor weren't able to hear, and couldn't pass the bill before the clock the ran out.

The scene was chaotic enough that Sen. Donna Campbell, a New Braunfels Republican, called for the gallery to be cleared. She said that with lawmakers now heading back, "I believe more presence by law enforcement will help keep disruptive behavior from thwarting the democratic process."

She said more families may turn up to express their views and "every Texan's voice deserves to be heard. Not just the noisiest and unruliest."

A repeat scene seems unlikely. Texas Department of Public Safety state troopers provide security at the Capitol, and department spokeswoman Katherine Cesinger said the agency doesn't discuss its plans.

"However, when necessary, we will adjust our security measures as a situation merits," she said.

Some of the same protesters already have planned a rally at the state Capitol on Monday, but there may not be much action for them to see. Both the House and Senate could simply gavel in long enough to assign committees to hear new versions of the bills they plan to pass, then adjourn for the rest of the week that includes the July 4 holiday.

But Perry says he expects lawmakers to get their work done more quickly this time, making it harder for a filibuster to talk any proposed legislation to death.

"I want the Legislature to be getting work done that actually that they had, by and large, finished," he said.

House Speaker Joe Straus and Lt. Gov. David Dewhurst, who oversees the Senate, haven't revealed plans to do anything differently in the second special session ? but it's lost on no one that moving through the process faster, and ensuring both chambers carry out final votes long before the end of the session, will limit Democratic stall tactics and make any possible filibuster moot because too much time would be left.

The legislative process now starts over, with lawmakers filing bills, committees holding public hearings on each, then passing them to both full chambers to consider. That means reviving the proposals Davis and the protesters killed: banning abortion after 20 weeks of pregnancy, requiring that the procedure be performed at ambulatory surgical centers, and mandating that doctors who perform abortions obtain admitting privileges at a hospital within 30 miles.

Supporters say such limits will safeguard women's health, but opponents argue the upgrades facilities will have to undergo to meet the new requirements are so costly that they will force nearly every abortion provider in the state to close. Dewhurst has acknowledged that the ultimate goal is to shutter abortion clinics.

Meanwhile, some of the Legislature's most outspoken critics of abortion, including state Sen. Dan Patrick of Houston, have refiled bills that stalled even before Davis' filibuster ? hoping they can push through stricter restrictions. Patrick, who has announced he will challenge Dewhurst and run next year for lieutenant governor, revived one of his pet projects ? a bill placing more rules on the use of abortion-inducing drugs such as RU-486.

Davis, who donned pink tennis shoes for the marathon speech that made her an overnight political sensation nationally, hasn't said if she'll try something similar again. And, calling more special sessions has squashed Democratic stonewall tactics before.

In 2003, House Democrats fled to Oklahoma to keep the chamber from making quorum and passing new redistricting maps that benefited Republicans. When Perry called a first and then second special session, Senate Democrats headed to New Mexico. But the maps were approved during a third extra session that year.

Even so, Gilberto Hinojosa, chairman of the Texas Democratic Party, vowed: "As this last week has shown, we are ready to fight."

Source: http://news.yahoo.com/texas-lawmakers-back-abortion-fight-083837014.html

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Large crowds mass in Egyptian cities, march on palace, demanding removal of president

CAIRO ? Hundreds of thousands thronged the streets of Cairo and cities around the country Sunday and marched on the presidential palace, filling a broad avenue for blocks, in an attempt to force out the Islamist president with the most massive protests Egypt has seen in 2? years of turmoil.

In a sign of the explosive volatility of the country's divisions, a hard core of young opponents broke away from the rallies and attacked the main headquarters of President Mohammed Morsi's Muslim Brotherhood, pelting it with stones and firebombs until a raging fire erupted in the walled villa. During clashes, Brotherhood supporters opened fire with birdshot on the attackers, who swelled to a crowd of hundreds.

Fears were widespread that the two sides could be heading to a violent collision in coming days. Morsi made clear through a spokesman that he would not step down and his Islamist supporters vowed not to allow protesters to remove one of their own, brought to office in a legitimate vote. Thousands of Islamists massed not far from the presidential palace in support of Morsi, some of them prepared for a fight with makeshift armor and sticks.

At least four people were killed Sunday in shootings at anti-Morsi protesters in southern Egypt.

The protesters aimed to show by sheer numbers that the country has irrevocably turned against Morsi, a year to the day after he was inaugurated as Egypt's first freely elected president. But throughout the day and even up to midnight at the main rallying sites, fears of rampant violence did not materialize.

Instead the mood was largely festive as protesters at giant anti-Morsi rallies in Cairo's central Tahrir Square and outside the Ittihadiya palace spilled into side streets and across boulevards, waving flags, blowing whistles and chanting.

Fireworks went off overhead. Men and women, some with small children on their shoulders, beat drums, danced and sang, "By hook or by crook, we will bring Morsi down." Residents in nearby homes showered water on marchers below ? some carrying tents in preparation to camp outside the palace ? to cool them in the summer heat, and blew whistles and waved flags in support.

"Mubarak took only 18 days although he had behind him the security, intelligence and a large sector of Egyptians," said Amr Tawfeeq, an oil company employee marching toward Ittihadiya with a Christian friend. Morsi "won't take long. We want him out and we are ready to pay the price."

The massive outpouring against Morsi, culminating a year of growing polarization, raises the question of what is next. Protesters have vowed to stay on the streets until he steps down, and organizers called for widespread labor strikes starting Monday. The president, in turn, appears to be hoping protests wane.

For weeks, Morsi's supporters have depicted the planned protest as a plot by Mubarak loyalists. But their claims were undermined by the extent of Sunday's rallies. In Cairo and a string of cities in the Nile Delta and on the Mediterranean coast, the protests topped even the biggest protests of the 2011's 18-day uprising, including the day Mubarak quit, Feb. 11, when giant crowds marched on Ittihadiya.

It is unclear now whether the opposition, which for months has demanded Morsi form a national unity government, would now accept any concessions short of his removal. The anticipated deadlock raises the question of whether the army, already deployed on the outskirts of cities, will intervene. Protesters believe the military would throw its significant weight behind them, tipping the balance against Morsi. The country's police, meanwhile, were hardly to be seen Sunday.

Source: http://www.startribune.com/world/213737391.html

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Wikileaks founder says Snowden info will keep getting published

By Deborah Charles

WASHINGTON (Reuters) - WikiLeaks founder Julian Assange said on Sunday that Edward Snowden made sure that the information he took about U.S. surveillance programs will continue to be published regardless of what happens to the former U.S. spy agency contractor.

Assange criticized the United States for revoking Snowden's passport and said it would not stop the classified information taken by the 30-year-old former contractor from getting out.

"Look, there is no stopping the publishing process at this stage," Assange said in an interview with ABC's "This Week" television show. "Great care has been taken to make sure that Mr. Snowden can't be pressured by any state to stop the publication process."

He did not directly respond when asked if WikiLeaks was in possession of the files.

Last week, Glenn Greenwald, the Guardian journalist who first published the classified information released by Snowden, said Snowden had made encrypted copies of his files and distributed them in case anything happened to him.

Greenwald told The Daily Beast that the people in possession of these files "cannot access them yet because they are highly encrypted and they do not have the passwords." But Greenwald said "if anything happens at all to Edward Snowden, he told me he has arranged for them to get access to the full archives."

Snowden left his job as an NSA contractor in Hawaii last month and went to Hong Kong before Britain's Guardian newspaper and the Washington Post published articles based on top-secret documents he took from the government that detailed U.S. surveillance programs.

After hiding in Hong Kong he fled Moscow, where he remains in hiding at the Sheremetyevo airport. The U.S. government has charged Snowden under the 1917 Espionage Act with theft and passing classified communications to an "unauthorized person."

Snowden is currently stuck in legal limbo in a transit area of the Moscow airport. Assange has said Snowden, who has sought legal advice from WikiLeaks, has requested asylum in Ecuador. But Snowden's passport was revoked by Washington and an Ecuadorean travel document he used to travel to Russia from Hong Kong has been declared invalid by Ecuadorean President Rafael Correa.

Correa told Reuters in Ecuador on Sunday that Snowden's fate is in the hands of Russian authorities. He said Quito cannot begin considering asylum for Snowden until he reaches Ecuador or an Ecuadorean embassy.

Assange sought asylum from Ecuador last year and is living in Ecuador's London embassy to avoid being extradited to Sweden, which wants to question him about allegations of sexual assault and rape.

Assange said the United States had "marooned" Snowden in Russia by revoking his passport.

"Is that really a great outcome by the State Department?" Assange asked, saying that Washington had put Snowden through a "meat grinder" although "Mr. Snowden has not been convicted of anything."

In a separate interview, President Barack Obama's national security adviser, Tom Donilon, said since Snowden was not traveling on valid papers he should be returned to the United States "because he's wanted here for a crime."

Donilon said Washington had been in discussions with the Russian government through law enforcement channels on a regular basis about Snowden.

"And I have to agree with (Russian) President (Vladimir) Putin, which - when he said the other day that it would be better for Mr. Snowden to decide where - when he's leaving ... sooner rather than later," Donilon said on CNN's "Fareed Zakaria GPS." "We agree with that - that the sooner that this can be resolved, the better."

(Additional reporting by Mark Hosenball; Editing by Bill Trott)

Source: http://news.yahoo.com/wikileaks-founder-says-snowden-keep-getting-published-173936850.html

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Syria activists say 6 killed in Homs, Idlib

AMMAN, Jordan (AP) ? Government attacks on central and northern cities in Syria killed six people on Sunday, activists said, as the government announced that two years of conflict has cost the public sector $15 billion.

President Bashar Assad's forces have been on the offensive in the central city of Homs, reclaiming some of the territory they lost to the rebels since the uprising began.

The Britain-based Syrian Observatory for Human Rights said Syrian army warplanes pounded the old quarters of Homs, killing one woman and two children.

Further north, in the suburbs of Idlib, three other civilians, including one woman and one child, were killed in army clashes with the rebels, the Observatory added.

A city of about 1 million, Homs has been a flashpoint since the early days of the uprising, and many residents have sided with the rebels.

It is Syria's third largest city and capital of its largest province, which carries the same name and stretches from the Lebanese border to the frontier with Jordan and Iraq.

Meanwhile, local Administration Minister Omar Al Ibrahim Ghalaounji revealed that public sector losses over the 27 months of conflict amount to 1.5 trillion pounds (US$15 billion).

?Ghalaounji said that more than 9,000 government establishments were also damaged in the crisis, which began as peaceful protests in March 2011 and later deteriorated into all-out civil war.

Elsewhere, the Observatory reported clashes between the army and rebels in at least three other provinces ? the capital Damascus and the northern cities of Aleppo and Hama.

Source: http://news.yahoo.com/syria-activists-6-killed-homs-idlib-091639978.html

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