Against the odds, the Kardashians have built a multi-million dollar empire from their endless desire for attention. Now, the first family of reality TV may be expanding into new territory: a magazine devoted entirely to their lives.
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SALT LAKE CITY (AP) ? Federal authorities joined a manhunt Monday for two fugitives described as "very dangerous" who are suspected of killing an elderly couple in their Utah home and shooting a woman in the head outside a Nevada casino.
"We have an extremely dangerous situation going on," Supervisory Deputy U.S. Marshal Jim Phelps told The Associated Press.
Few details were released by a federal fugitive task force working with authorities in the two states.
The crime spree involved a shooting Saturday in the parking lot of a West Wendover, Nev., casino, when a man and woman tried to carjack another woman. The victim fought back but was shot in the head while escaping. She was hospitalized and is expected to survive.
"Had she not resisted in the manner that she did, she probably would have been a third victim," Phelps said.
The suspects later stole a car as it idled outside a hotel in Wells, Nev., about 50 miles west of the casino. A 50-mile chase by authorities along Interstate 80 reached speeds of nearly 100 mph before the suspects turned onto a dirt road and disappeared about 35 miles from the Utah border., Nevada Highway Patrol Trooper Jim Stewart said.
"We haven't seen them since," he said.
Police in West Wendover found items in a car abandoned by the suspects that led them to the home of Leroy and Dorotha Fullwood, 70 and 69 respectively, in Mount Pleasant, Utah, about 100 miles south of Salt Lake City. The couple had been shot to death.
"Because of the nature of the double homicide, plus the shooting out in West Wendover, we obviously know that there are two very dangerous individuals on the streets," Phelps said.
The suspects were last seen driving a stolen gray Volkswagen Jetta with Colorado license plate 725WHX.
__
AP Writer Paul Foy contributed to this report.
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SEAFORD, N.Y. ? A modest shrine of flowers and American flags was placed near the front door of a pharmacy on New York's Long Island on Monday, steps from where an off-duty federal agent who had served in Iraq and Afghanistan was mortally wounded while trying to intervene in a pharmacy holdup.
Detectives, meanwhile, were conducting ballistics tests, interviews and likely reviewing video surveillance from nearby stores to unravel the sequence of events that led to the New Year's Eve killing of veteran ATF Agent John Capano, as well as the gunman, a career criminal who had served time in prison for armed robberies.
Many questions remain about their deaths. Chiefly, who shot them? Though the robber, identified by police as 43-year-old James McGoey of Hampton Bays, was armed with a pellet gun, police have not said whether he fired at Capano or whether Capano was armed. And two other men were present, one an off-duty NYPD officer and the other a retired Nassau County police lieutenant.
As they continue to try to determine what happened, police have given few details about the moments leading up to the shootings.
At about 2 p.m., McGoey went into Charlie's Family Pharmacy, a quiet family run store in Seaford and announced a holdup, police have said. Capano was in the store at the time. He is believed to have followed McGoey toward the door and confronted him.
At about the same time, someone ran into a deli several doors down owned by the retired Nassau County officer and told of the robbery in progress. The retired officer and the off-duty NYPD officer, who was a customer in the deli, went to the pharmacy. When they arrived, they saw Capano and McGoey in a skirmish outside the store. It is unclear who fired the next shots, but Capano and McGoey ended up dying of gunshot wounds.
If investigators determine Capano was killed by so-called friendly fire, it would mark the second such shooting in the suburban county in 2011. In March, a Nassau police officer in plainclothes was shot to death by a transit authority officer in Massapequa Park.
Nassau County Police Lt. Kevin Smith, a department spokesman, declined to comment on specific aspects of the investigation Monday. He would not elaborate on whether images of the shooting had been captured on camera but did say that it's become standard in investigations for the department to try to find surveillance video.
The shooting was the second deadly holdup in a pharmacy on Long Island in 2011; in June, a gunman opened fire in a drugstore about 30 miles east in Medford, killing two employees and two customers before fleeing with a backpack filled with painkillers.
McGoey had four robbery convictions on his record, three of which were pharmacy holdups, between 1990 and 2000, court records indicate. He was released from prison in August 2010.
Armed robberies at pharmacies in the U.S. rose 81 percent between 2006 and 2010, from 380 to 686, according to the U.S. Drug Enforcement Administration.
Several physicians on Long Island have been arrested in an ongoing federal probe of prescription painkiller abuse.
The Seaford pharmacy was open Monday, but a clerk behind the counter said no one there wanted to talk about the shooting.
A funeral Mass for Capano, 51, was scheduled for Friday at St. William the Abbott Roman Catholic Church in Seaford.
"To come back and to be killed on New Year's Eve on the main street in his hometown community is just a horrible tragedy after everything he's gone through in his career," said U.S. Rep. Peter King, R-Seaford. King said his wife had taught Capano in fourth grade and the two families were close.
Capano, a 23-year veteran of the Bureau of Alcohol, Tobacco, Firearms and Explosives, taught U.S. military and local forces in Afghanistan and Iraq how to investigate blasts, said Rory O'Connor, assistant special agent in charge in the ATF's New York office. He lived in nearby Massapequa and was married with two children. He was at the pharmacy to pick up a prescription for his father, Jimmy, a retired New York City police officer. King said the elder Capano was known as the "unofficial mayor" of Merrick Road, the main thoroughfare in Seaford.
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In this photo taken on Saturday, Dec. 31, 2011, Ma Hanwu, vice director of Shenzhen Center for Disease Control and Prevention, right, speaks as Zhou Boping, director of the Shenzhen No. 3 People's Hospital looks at the documents during a press conference about a bird flu patient in Shenzhen in south China's Guangdong province. The strain of H5H1 bird flu that killed a Chinese man cannot spread among people, a health agency said Monday, appealing for calm after the country's first reported case of the disease in humans in 18 months. (AP Photo) CHINA OUT
In this photo taken on Saturday, Dec. 31, 2011, Ma Hanwu, vice director of Shenzhen Center for Disease Control and Prevention, right, speaks as Zhou Boping, director of the Shenzhen No. 3 People's Hospital looks at the documents during a press conference about a bird flu patient in Shenzhen in south China's Guangdong province. The strain of H5H1 bird flu that killed a Chinese man cannot spread among people, a health agency said Monday, appealing for calm after the country's first reported case of the disease in humans in 18 months. (AP Photo) CHINA OUT
BEIJING (AP) ? The strain of H5H1 bird flu that killed a Chinese man cannot spread among people, a health agency said Monday, appealing for calm after the country's first reported case of the disease in humans in 18 months.
Genetic analysis indicated the virus spread directly from poultry to the victim, who died Saturday in the southern city of Shenzhen, the Shenzhen Disease Control Center said in a statement reported by the official Xinhua News Agency.
"Though it is highly pathogenic to human beings, the virus can not spread among people," the statement said, according to Xinhua. "There is no need for Shenzhen citizens to panic."
H5N1 rarely infects humans and usually only those who come into close contact with diseased poultry. Scientists are closely watching the virus for any signs it is becoming more easily transmissible from human to human.
A 39-year-old bus driver surnamed Chen developed a fever Dec. 21 and was hospitalized Dec. 25, according to an earlier statement by city and provincial authorities. The provincial health department said Health Ministry experts confirmed Saturday that he was infected with H5N1.
Xinhua said health authorities still were trying to figure out where he was infected.
The Guangdong health department has said 120 people who had close contact with Chen have not developed any abnormal symptoms.
The World Health Organization says globally 336 people have died from 573 confirmed bird flu cases since 2003. Of these, 40 cases were in China, 26 of which were fatal.
Chen's death was a week after two dead birds tested positive for the virus in Hong Kong, which is just across a river from Shenzhen.
More than 19,000 birds at a Hong Kong market were slaughtered and imports and sales of live poultry were banned for three weeks after a chicken carcass tested positive for H5N1. Lab tests later confirmed that an Oriental magpie robin found dead on Dec. 17 was also infected.
China's last reported human case of H5N1 was in June 2010. A pregnant 22-year-old woman from central Hubei province died after being exposed to sick and dead poultry.
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By Scott Cole
Investing in real estate can be one of the best ways an individual can attain wealth. Unfortunately, most people want to try and achieve this in a very short period of time. Many of the TV shows and infomercials in the last decade have been geared toward selling people on this idea, particularly in the foreclosure and home flipping areas of real estate. The fact of the matter is that most people simply do not know how to invest in real estate successfully.
Successful investing in real estate requires a long term plan.The most successful investors, who have had the longest staying power, never focus on short term profits. Their approach to real estate is similar to how Warren Buffett invests in the stock market. They look for opportunities that are available at a low price, and then determine how they can add value to that opportunity.
There are many ways that this can be done. One of the most profitable ways to invest in real estate is to invest in development land. This is also the most difficult way, as it involves the most risk, and requires the most patience and foresight. Development land requires a bit of a vision, and substantial knowledge of the market.
One example of a very profitable land development that I am familiar with involved land that had previously been owned by a church and was zoned agricultural. The developers had the knowledge that a local road was to be extended through adjacent to this property, and that it would result in a signaled intersection where there would be increased traffic. The developers obtained the land, had it rezoned commercial and developed a shopping center with outparcels on the site. They had paid just over $200,000 for the land, and some 15 years later, sold the improved property for over $17 million.
In recent years we have seen many examples of failed land developments, particularly in the residential land market. Many of the national homebuilders were willing to pay significant premiums for land available with approvals. As a result, many inexperienced land developers joined the crowd, and were left holding the bag when the residential market collapsed. The long term, local homebuilders who were always smart enough to buy land at bargain prices, and THEN obtain approvals, were the developers left standing.
Other investors look to buy improved properties, such as multi-family properties, offices, industrial buildings, shopping centers or hotels, and seek to add value where possible. They look to buy bargain properties that made need some renovation, complete those renovations, and then lease them out at higher rental rates. They do this one at a time, and build a portfolio by completing one project, lease it up, and then pull the equity out and put it into the next project. Typically, they will start out doing about one project each year, or every other year, until the size of their business grows.
The bottom line is that investing in real estate requires a long term view and it should also be approached as a business. Most investors want to try and get rich quick in this endeavor, but there are few who have actually done so. With that in mind, it is a good idea for any investor interested to learn the ropes on how to invest in real estate before investing significant money in this undertaking.
Scott Cole is a commercial real estate appraiser in Pennsylvania with over 20 years experience. He provides insights on investment real estate at How To Invest In Real Estate Today
Source: http://www.magicmoneyclip.com/2012/01/01/real-estate-investing/
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TALKING BIZ NEWS EXCLUSIVE
Business Insider deputy editor Joe Weisenthal is Talking Biz News? Business Journalist of the Year for 2011.
His?selection is based on an unscientific, subjective review by Talking Biz News. We asked for nominations earlier this week on Twitter and polled people at several business news media organizations. Weisenthal was already on our short list, as was Heidi Moore of ?Marketplace?, Peter Coy of Bloomberg Businessweek, Matt Goldstein of Reuters, and David Leonhardt of the New York Times.
Last year?s winner was Andrew Ross Sorkin of The New York Times.
While Weisenthal may not have the influence of movers and shakers such as CNBC anchors or Wall Street Journal and New York Times business journalists, his impact has been dramatic for the evolving future of business journalism.
Weisenthal, who represents a new wave of how business journalism is presented, is a multi-platform user who pays close attention to the stock market and the economic data that is impacting its ups and downs. The sheer volume of the news and information he produces each day for his readers is amazing.
He posts on Business Insider at least a dozen times a day, and he is a major user of Twitter using the handle ?The Stalwart.? He has more than 14,000 followers on Twitter and has tweeted nearly 50,000 times. Earlier this year, The New York Observer wrote, ?Joe?s a one-man news wire who can sell a story like no other. It?s a freak talent and a rare find.?
Josh Brown, a New York investment banker who writes the Reformed Broker blog, wrote Wednesday that Weisenthal is ?the most unlikely blogger to be going toe to toe with Fed watchers, Krugman haters, derivatives experts and currency wonks is doing exactly that.? And there?s no need to search the web when news breaks or data is released ? because Joe always has it first, even when the government?s servers have crashed from the traffic. Watching The Stalwart?s evolution this past year has been pretty special.?
He?s also revered by his readers for admitting when he is wrong and for providing news in a way that explains its significance. In July, dozens of them came to his defense when someone posted on Business Insider that he should be fired.
Weisenthal begins each morning between 4 a.m. and 5 a.m., announcing to the world that he?s on the prowl with a tweet that simply states, ?What did I miss?? And he typically announces when the major market news of the day has come and gone with a tweet that says, ?Day?s over.?
One of his co-workers told Talking Biz News about how excited Weisenthal gets covering news. For example, before economic data comes out he starts drumming on his desk and does this countdown thing (?60 seconds?.30 seconds?15 seconds??) followed by silence while he posts the story and then a delayed sound effect such as ?KaBoom!?
Weisenthal joined Business Insider in October 2008. Before that, he was a correspondent for paidContent.org, as well as the Opening Bell editor at Dealbreaker.com. He previously was a writer and analyst for Techdirt.com, and before that worked as an analyst for money management firm Prentiss Smith & Co.
He got started writing with his own infrequently updated blog TheStalwart.com. A graduate of The University of Texas at Austin, one of his Christmas presents this year was a 1933 Texas yearbook where the university president lamented about the lack of jobs for its graduates.
Jay Yarow,?an editor?at Business Insider, is amazed at how much Weisenthal accomplishes each day.
?He should be the scariest person in the business journalism field to other journalists,? said Yarow. ?Not because he?s mean, but because he never stops thinking about the markets and business. Sure he wakes up at 4 a.m. to start working, and he?s writing posts until late at night. But, he?s thinking about this stuff in his sleep. He wakes up periodically to check Twitter to make sure he didn?t miss any news! If that?s the future of journalism, that?s scary!?
Weisenthal?s competitors also marvel at his work output and his analysis, a sign that his work is closely followed by his readers as well as other business journalists.
?He is the hardest working journalist ? scratch that,? said John Carney, a former Business Insider staffer who know works at CNBC.com. ?He?s the hardest working person I?ve ever met. He wakes up each day nervous he may have missed a big story while he slept. His appetite for information is insatiable. Which makes him pretty much the perfect servant of his readers, who want someone out there reading everything so that they don?t have to.?
Kayla Tausche, an M&A and markets reporter for CNBC, added: ?Have only met him in passing but think he?s extremely on-the-pulse on all things market. He wakes up at the crack of dawn and goes to bed late ? is often on ?Worldwide Exchange? before the day even starts.?
Source: http://www.talkingbiznews.com/?p=29797
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