Lennar to borrow $1.7 billion from Chinese bank




















Miami-based Lennar Corp. has gotten approval on $1.7 billion in loans from China Development Bank to fund the development and construction of two major projects in San Francisco, according to a person familiar with the transaction.

The contract, set to close by Dec. 31 subject to various conditions, would mark the first U.S. loan by the big state-owned Chinese bank. One condition — tagged the “Chinese component”— is that China Railway Construction Corp. be included as a general contracting partner in the project, the person said.

Closing by year’s end is crucial because of new tax rules set to take effect, the person added.





The agreement, first reported in The Wall Street Journal, would provide funding for the first six years of what is envisioned to be a 20-year project.

The loan agreement, reached Dec. 7 after Lennar officials met in China with bank officials, provides for $1 billion in financing to a partnership led by Lennar to redevelop Hunters Point Shipyard-Candlestick Point, a site in southeast San Francisco spanning more than 700 acres, the person said. Plans for the mixed-use community call for nearly 12,000 residential units on the site. Construction is expected to begin in the first quarter of 2013.

Under the pact, the Chinese bank would provide another $700 million to a partnership of Lennar, Stockbridge Capital Group and Wilson Meany, a real estate investment and development firm, to redevelop Treasure Island and Yerba Buena Islands in San Francisco Bay. Some 8,000 units of housing are planned for the mixed-use project on 535 acres. The U.S. Navy is set to turn over the first parcel of land to the development company in late 2013.





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Parents of students at Broward school warned of Legionnaires’ Disease exposure




















Parents of students at Olsen Middle School in Dania Beach were being informed on Tuesday that their children may have been exposed to someone diagnosed with Legionnaires’ Disease, Broward School District officials said.

The person with Legionnaires’ Disease was not a student, district spokeswoman Nadine Drew said. They did not say if the infected person was a teacher.

Automated ‘robo-calls’ were made to the telephones of Olsen Middle School parents that explained how the district was working with the Broward Health Department





To read the entire Sun Sentinel story click here.





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Proper jailbreak for iOS 6 reportedly coming December 22nd






The speed at which a jailbreak for a new iOS device is released has slowed down considerably over the last few years. A tethered jailbreak  for devices running iOS 6 has been out September, but most people have been holding out for the untethered version – a hack that doesn’t erase everything upon reboot. A new jailbreak developer called “Dream JB” claims he will release a proper untethered jailbreak for devices running iOS 6 or 6.0.1 including the iPhone 5, iPad mini and iPad 4 on December 22nd. Dream JB also promises to release a video on Wednesday as proof. According to his website’s FAQ page, the jailbreak will be a one-click process and will differ from previous jailbreak methods in the past by using a prepared “Webkit exploit” and “userland exploit.” After it’s all done, Cydia, the App Store’s alternative for jailbroken smartphones, can be installed on the device. Unfortunately, the jailbreak won’t support Apple TV boxes.


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Gadgets News Headlines – Yahoo! News


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Hugh Hefner's Fiancee Shows Off Engagement Ring

If the size of the diamond is any indication of Hugh Hefner's love for bride-to-be Crystal Harris, it's a safe bet to say that he's head over heels.

RELATED: Hugh Hefner Gets Marriage License?

Harris revealed her engagement ring on Tuesday, via her Twitter feed.

"My beautiful ring from [Hugh Hefner]," Crystal posted along with photos of the giant sparkler.

The couple is reportedly planning to wed on New Year's Eve.

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JFK guards threaten strike, could snarl holiday travel plans








Just in time for Christmas, security guards at JFK Airport are threatening to walk off their jobs and create a holiday nightmare for travelers.

The 300 workers, employed by two private companies, do several key jobs.

Most importantly, they inspect planes takeoff, looking for weapons, explosives and contraband.

They also check out maintenance crews, mechanics and caterers who board the aircraft.

Others direct traffic in front of the terminals and check that gates leading to the tarmac are secure.

The guards, who are not in a union, say they want better training and equipment.




If they strike, company managers could replace some of them.

Port Authority cops might also be assigned some duties, like traffic control. But the unionized police officers would not be asked to inspect aircraft, a source said.

Another problem would be getting replacement workers “Secure Identity Display Areas’’ credentials. That can take weeks because background and fingerprint checks are required.

If the workers strike, planes would stay on the ground much longer, throwing off schedules and causing delays at destination cities. On the ground, the confusion could make it difficult for travelers to get to their gates.

The workers will vote tomorrow, and are expected to authorize a strike starting Dec. 20.

About 200 guards work for Air Serve; the others are employed by Global Elite Group.

They’ve filed several dozen grievances with the Transportation Security Administration, claiming management failed to provide them with training and gear, such as functioning two-way radios or security wands.

They say they’ve been forced to rely on their own cellphones and stick to unrealistic “productivity’’ schedules.

“These security officers feel responsible for the safety and security at JFK Airport. They feel it is their duty to bring attention to these gaping holes in preparedness and safety standards,” said Michael Allen, a spokesman for Service Employees International Union, which is advising them.

He claimed management “retaliated against workers for speaking out.”

Air Serve did not return a call for comment, and a Global official said the firm has no knowledge of a threatened walkout.

Port Authority spokeswoman Lisa MacSpadden did not return calls for comment, but a senior PA official told The Post a strike could be a “challenge.’’










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With spam, it’s better not to give or receive




















Q. Recently I’ve been unable to send emails from my home email address. In addition, my incoming email contains several notices of undeliverable emails that I didn’t send that are addressed to people I don’t know. I suspect that my computer is infected by some malicious software and is being used to send spam email — and that those that are undeliverable are being returned. What should I do?

Joseph Campbell Burnsville, Minn.

I agree that your PC has been taken over by hackers and is being used to send spam.





The fact that you aren’t able to send emails from your home account supports this theory, since it indicates that your Internet service provider believes you are spamming and has temporarily blocked your ability to send email to anyone.

I suggest you download and run the free version of security program Malwarebytes (go to www.tinyurl.com/cwbd73f and click “free download.”) If that doesn’t work, try Windows System Restore to eliminate recently installed software (see www.tinyurl.com/y9q9apj and www.tinyurl.com/ykgps6.) Then call your Internet service provider; explain what happened and what you’ve done to fix it. If your PC is clean, you’ll be allowed to send email again.Q. I’ve recently received a lot of spam, including some that appear to be from people I know — except that the messages come from the wrong email address. How does a spammer use a familiar name with a fake email address and send it to me?

Also, is there a way to find out the identity of the people who send spam emails? I’ve read that the email address of the sender is not always accurate.

Ginger Bramlett Rockwall, Texas

The bogus email that appeared to be from your friend, but came from the wrong email address, is from a spammer who is trying to trick you into opening the email.

Why did this happen? Your friend’s email may have been hacked and his or her address book stolen, providing the spammer with a host of addresses where an email bearing your friend’s name might be opened by the recipient.

It’s hard to find out who actually sent spam, because originating email addresses are easy to fake.

I suggest you send these emails to your spam filter so that you and others may be spared at least some spam in the future. In addition, your Internet service provider allows you to block spam that comes from a specific domain name — the part of the email address that follows the symbol, such as Yahoo.com. See www.tinyurl.com/cxmq4m7.





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South Florida pols sticking to party lines on fiscal cliff




















Don’t expect South Florida’s congressional delegation to stray too far from party lines when it comes to dancing on the edge of the fiscal cliff, the end-of-the-year spending cuts and tax increases set to take effect if Congress and the president don’t address them.

Democrats are firmly with President Barack Obama, whose proposal seeks to raise $600 billion over a decade by eliminating tax deductions and $960 billion over the same period by raising tax rates for the top 2 percent of income earners. Many Democrats sounded as though the highly charged presidential campaign was still under way.

Republicans are just as committed to their party.





There’s been "no evidence thus far" that Republicans are truly interested in the middle class, said Rep. Debbie Wasserman Schultz, of Weston, who the president just asked again to head the Democratic National Committee.

"We need to continue to focus on rebuilding our economy from the middle class out," she said during an appearance on MSNBC.

"President Obama talked eloquently and passionately during the campaign about making sure that we can get a handle on this deficit, that we can rebuild our economy from the middle class out, that we can focus on creating jobs and getting the economy turned around," she added.

Equally firm: South Florida Democratic Reps. Alcee Hastings, of Miramar and Frederica Wilson, of Miami. Both are members of the Congressional Black Caucus, which released a statement of principles this week calling for the Bush-era tax cuts to expire on the wealthiest Americans.

Social Security should be completely off the table, the caucus warned, and it said it would oppose any plans that change the eligibility for Medicare or cut Medicaid, the statement said.

Some Democrats made conciliatory moves, however. Sen. Bill Nelson said that during his campaign, voters told him they want consensus and an end to partisan gridlock.

"They want bipartisanship," he said in a video message. "They want to stop the ideological rigidity."

It’s the only way to rebuild the economy and reduce the federal deficit, while preserving Social Security and Medicare, he said. He called on people of both political parties "to reach across the aisle and work together so America doesn’t go over the cliff."

That’s unlikely to come from his Republican counterpart, Sen. Marco Rubio, who along with former vice presidential candidate Rep. Paul Ryan of Wisconsin was featured in a speech this week in Washington.

Rubio blamed the "complicated and uncertain tax code" for "hindering the creation of middle-class jobs." He gave no hint he would be interested in supporting the president’s tax proposal on the wealthiest Americans.

"You can’t open or grow a business if your taxes are too high or too uncertain. And that’s why I personally oppose the president’s plan to raise taxes," Rubio said. "This isn’t about a pledge. It isn’t about protecting millionaires and billionaires. For me, it’s about the fact that the tax increases he wants would fail to make even a small dent in the debt but it would hurt middle-class businesses and the people who work for them."

Rep. Ileana Ros-Lehtinen, of Miami, was one of the few Republicans from South Florida to suggest she’d be open to tax reform, saying there needs to be a review of the tax code "to remove special interest tax loopholes used by the wealthy."

But she warned that the country’s debt exists "not because tax rates are too low, but because government spends too much."

Republican Rep. Mario Diaz-Balart, also of Miami, said he was less optimistic about a resolution now than he was right after the election.

He said he feels as though Republicans have moved closer to the president without getting credit for it.

"I’m very disappointed with the president’s response," he said in an interview.

"The speaker put forward a proposal, and whether you agree with it or not, there are a couple of things beyond debate: He’s gotten closer to the president’s position."

Even those on their way out of Congress made no move to cross party lines. Republican Rep. Allen West, of Plantation, who was ousted by Democrat Patrick Murphy, warned constituents in a letter that he didn’t think there was a true plan to reduce spending.

Rep. David Rivera, a Republican who lost his re-election bid and who will be replaced by Democrat Joe Garcia, did not respond to a request for comment.





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Royal phone scandal highlights new media risks






CANBERRA (Reuters) – Back in 2007, as investigations were gathering strength into the UK phone hacking scandal involving journalists working under the umbrella of the Murdoch media empire, a comedy show based around prank telephone calls made a low-key debut in Britain.


‘Fonejacker’ proved such a hit with the British public that the next year the program, in which a masked caller bamboozles hapless victims, won a coveted BAFTA award for best comedy, underscoring the attraction of the prank call amid a blurring of a ceaseless news cycle with social media and entertainment.






But just such a prank telephone call, to a London hospital where Prince William‘s pregnant wife Kate was being treated, has sparked a firestorm in traditional and social media after the apparent suicide by the nurse who put the call through.


Much of the fury has been directed at laying blame for the nurse’s death on the Australian DJs who made the prank call, or the media in general, with the most vitriolic comments appearing on the public domains of Facebook and Twitter.


The social media outrage has become a story of its own, outlasting the original news value of a prank call, and has seen advertising pulled from the program which broadcast the hoax call and the suspension of the two radio announcers.


Shares in radio station 2DayFM’s owner, Southern Cross Austero fell 5 percent on Monday as the public backlash gathered strength.


Media commentators and analysts warn the rapidly changing traditional and social media worlds may have given people greater freedom of expression, but can unleash a genie which can have destructive or negative repercussions, without responsible behavior by both mainstream and social media operators.


“It’s all changing so fast that societal norms have retreated in confusion,” said veteran newspaper columnist Jennifer Hewett in the Australian Financial Review.


“What is clear is that we will soon look back to count the mounting costs and destructive force, as well as the great benefits, of the explosion of communication in an all-media, all-in, all-the-time world,” Hewett said.


Jacintha Saldanha, 46, was found dead in staff accommodation near London’s King Edward VII hospital on Friday after putting the hoax call through to a colleague who unwittingly disclosed details of Kate’s morning sickness to 2DayFM’s presenters.


Her death, still being investigated, followed still simmering outrage in Britain over phone hacking, as well as Australian anger over the power of radio announcers to plump ratings with a diet of shock, including a 2Day announcer who sparked fury by calling a woman journalist rival a “fat slag”.


And while in Britain the popular press were quick to seize the moral high ground and point the finger “Down Under”, Australian commentators pointed blame the other way, or at confusion over the changing role of media and voracious public demand for not only information, but increasingly titillation.


Australian newspaper columnist Mike Carlton said while 2Day FM and its parent company made good money by “entertaining simple minds”, for tabloid British papers to point “Down Under” over a ‘gotcha’ news genre they created was “towering hypocrisy”.


CHANGING MEDIA ETHICS


The social media condemnation of Saldanha’s death should prompt a re-think of ethics in the era of celebrity news, said Jim Macnamara, a media analyst from Australia’s University of Technology, Sydney.


“There is a lesson in this for media organizations everywhere, and for journalists and media personalities, and that is that they need to look at community standards and better self regulate,” said Macnamara.


The tragic fallout from the radio stunt has rekindled memories of the death of William’s mother Diana in a Paris car crash in 1997 and threatens to cast a pall over the birth of his and Kate’s first child.


Public amusement at the prank started turning when British media reported the call as a major security breach of the royal family’s privacy, despite the call never reaching Kate’s room and the information revealed by a nurse was already public.


But news of Saldanha’s death is what sparked the Internet firestorm, that once unleashed could not be controlled.


Hypocritically, some of the harshest criticism was on Twitter and Facebook, where people unleashed fury on Australian and British media, after having themselves publish news of Saldanha’s error under a Twitter topic #royalprank, which was repeated more than 15,000 times.


“When the twitterverse goes into meltdown, we all react with a chain reaction any nuclear plant would be proud of. I hope, in time, the world will learn to splash cold water on itself when these stories break and cool down, before we all get dragged into the mud of our own making,” Tristan Stewart-Robertson, a Glasgow-based journalist wrote in a blog on www.firstpost.com


(Editing by Michael Perry)


Internet News Headlines – Yahoo! News


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Will and Jaden Smith Survive After Earth

Will Smith and his son Jaden haven't shared the big screen since 2006's The Pursuit of Happyness. Now the father-son duo pair up once more for M. Night Shyamalan's post-apocalyptic thriller After Earth, and we're showing you the new trailer.

RELATED: Will Smith Surprises Jada on The Talk

In the film, opening June 7, 2013, a father and son crash land on a now-abandoned Earth. While the father, General Cypher Raige lies dying after the accident, his 13-year-old son Kitai must play the soldier, searching for the rescue beacon -- their only chance to be saved.

Watch the video for more.

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Tower heists baffle police








Detectives are in the dark when it comes to finding the thieves who burglarized four apartments in a ritzy Financial District tower that lost power during Hurricane Sandy and was subsequently vacated.

VictimChris Mirabile, 28, said detectives dusted his residence at 2 Gold St. for fingerprints and compiled a list of all building employees who accessed apartments where thefts were reported, all to no avail.











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