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Deval Patrick named to Bain Capital

Written By Unknown on Selasa, 14 April 2015 | 16.30

Former Democratic Gov. Deval Patrick will be joining the Boston firm Bain Capital — founded by former GOP Gov. Mitt Romney — to develop a line of so-called "social impact" investing to support causes from climate change to hunger.

A Bain spokesman confirmed the hire for the Boston Herald, but said all other questions, including whether Patrick can still do work for Boston 2024's Olympic bid, will be answered at today's formal announcement.

Patrick told The Boston Globe in an interview that the opportunity is "a chance to have real meaning and mission in my work."

Patrick will become one of Bain's managing directors, sharing in the profits of the firm. He will be the first African-American to take on that role at the firm.

Patrick was tapped to represent Boston 2024 as a 
"global ambassador" at a rate of $7,500 a day. But amid a public outcry over secrecy and hefty salaries for ex-Patrick administration officials hired by the nonprofit, Patrick said he was pursuing 
another job but would serve the bid as he was able for 
no pay.

Patrick served two terms as governor from 2006 to 2014.

He stated repeatedly as he was ending his tenure that he wasn't planning to run for president in 2016 and 
intended to go into the 
private sector.


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Hearst taps Twitter's Periscope for live-video blast across 18 digital brands

Hearst is latching on to the recent craze for live-broadcasting video apps, with the media company planning to host live feeds on Twitter's Periscope Monday night across all of its 18 magazine and digital brands.

On Monday at 10 p.m. ET, Hearst will stream 18 simultaneous live broadcasts -- each pegged to the theme of "Bedtime Stories" -- on Periscope, promoted with the hashtag "#bedtimestory." The video content will feature editors, personalities and social-media influencers.

Some examples: Cosmopolitan's "resident shirtless hunk" CJ Richards is on board to read kids' classic "Goodnight Moon" while stroking a kitten; Redbook will feature "The Bachelor" season 17 contestant Sean Lowe reading an excerpt from his new book, "For the Right Reasons"; and Elle.com editor Leah Chernikoff will interview plus-size model Elly Mayday about her evening beauty routine.

Troy Young, president of Hearst Magazines Digital Media, said the "Bedtime Stories" stunt on Periscope is akin to "'Tonight Show' meets our magazine brands."

"It's an experiment in live programming," he said. "We're trying to learn about live and broadcast in this particular environment." Hearst is not generating any revenue, per se, from the Periscope broadcasts.

Hearst distributes content across multiple partners, including Microsoft's MSN, Young said. He cited Cosmopolitan's recently launched channel on Snapchat Discover as reaching more than 1 million people per day.

"We are aggressive on virtually every social platform, and (Periscope) is part of that," he said. "It's reflective of our embrace of all kinds of distribution channels."

As for why Hearst opted to go with Periscope, as opposed to upstart Meerkat or another live-broadcasting platform, Young cited Periscope's "intimate connection with Twitter." But, he added: "Obviously it's early in how this market is shaping up." Twitter bought Periscope for a reported $100 million and launched the app late last month.

How regularly Hearst expects to produce live Internet broadcasts in the future remains to be seen, Young said.

Hearst's other Periscope broadcasts set for Monday include: a chef from The Cheesecake Factory preparing a special, off-the-menu cheesecake for the Delish food site; author Benjamin Percy reading an excerpt from his new novel, "The Dead Lands," for Esquire; and Seventeen revealing its May 2015 cover image -- as announced by a puppy.

For February 2015, Hearst had 79.9 million unique monthly U.S. users across desktop and mobile platforms, according to comScore. That puts it in 24th place just behind Conde Nast (80.9 million) and BuzzFeed (81.7 million). The top three U.S. Internet properties for February per comScore were: Google (240.8 million), Yahoo (216.8 million) and Facebook (206.5 million).

© 2015 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLC


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Roche Bros. opening in Filene’s building April 29

Boston's Downtown Crossing gets its long-awaited grocery store on April 29, when Roche Bros. opens in the former Filene's building on Summer Street.

The 25,000-square-foot, two-level store aimed at busy city dwellers will be the 21st for the private, family-owned Wellesley chain.

"Given the prominence of this project and the importance … to the city and residents of the area, we're looking at it as a very big … project for our company and for our customers," said Paul McGillivray, vice president of sales and merchandising. "The store is going to be a complete supermarket for the residents of that area. At the same time, the assortment of items and the allocation of space will certainly reflect the needs of this unique location."

The 3,000-square-foot street-level portion of the store will include a coffee bar and focus on ready-to-eat prepared foods: a hot bar, cold food/salad bar, grab-and-go sandwiches, sushi, healthy snacks and sweets. Roche Bros. is seeking city approval for seasonal outdoor seating on Summer Street, where it also will operate a fruit and flower stand.

The store's 23,000-square-foot lower level, which occupies a large portion of the former Filene's Basement space, will be a complete supermarket offering, with fresh produce — including a "chop shop" with 40-plus varieties of fresh-cut, recipe-ready vegetables — meats, seafood, grocery items, more prepared foods, and a bakery, deli and specialty cheeses.

"While the store is smaller than a suburban supermarket, all or most of the key categories will be offered," McGillivray said, noting a typical suburban Roche Bros. is 35,000 to 40,000 square feet.

When building owner Millennium Partners finishes the new adjacent Millennium Tower next year, Roche Bros. will add another 10,000 square feet of space in the condo tower's basement and apply to the city for a license to sell beer and wine there, McGillivray said.

The new Roche Bros. will offer catering and $10 grocery delivery for those who want to shop at the store but not cart their own bags home, as well as online ordering with home delivery.

Roche Bros. will hold a 9:30 a.m. ribbon-cutting ceremony at the store on April 29, followed by outdoor sampling booths and a free evening concert by Boston country band Dalton & the Sheriffs.


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Booting Up: Storage costs cloud police cam issue

Written By Unknown on Senin, 13 April 2015 | 16.30

Police body cameras are controversial, in demand — and a monumental technological undertaking that should be left to cloud computing experts.

Pressure on police departments to deploy body cameras is boiling over as outrage intensifies over the deadly police shooting in South Carolina in which a North Charleston officer shot and killed an unarmed black man as he ran away earlier this month. A video of the April 4 shooting was filmed by a bystander showing a far different version of events than cops officially reported, renewing calls for video as a requirement.

In contrast, the move by Boston police and prosecutors to release security video of a gunfight that left a police officer wounded and the suspect dead has been widely praised — and renewed calls for body cams here.

Only in recent years has cloud computing made it feasible to start thinking about saving and maintaining the deluge of video data from police-worn cameras. Cloud computing allows anyone to store reams of data on far-flung servers managed by companies like Amazon and Microsoft.

Because most cloud storage platforms don't meet the FBI's security policy standards, many departments have forgone the cloud thus far. But the drawbacks of local storage are numerous, requiring police departments to hire IT personnel for maintenance and security.

Police departments thinking of investing in body cameras should expect to encounter cyberattacks. Locally stored police data is already a huge target of hackers, with departments regularly fending off malicious cyberattacks.

By contrast, cloud computing centers are incredibly secure — in fact they're arguably some of the most secure facilities on the planet, with their locations often kept secret. Armed guards and retinal scans are the norm.

Storing that data is more expensive than purchasing the actual cameras. According to the Police Executive Research Foundation, the cost of data storage can reach $2 million per year for a department. A typical urban police department should expect data from its body-worn cameras to accumulate several terabytes of data per month. Oakland police, with 600 body cameras, report that their servers are crammed with a whopping seven terabytes of data per month. Think of that as about 1,500 feature-length films.

In Fort Collins, Colo., for example, cops discard footage after seven days if there is no citizen contact. Other departments keep everything. In Albuquerque, non-evidentiary video is retained for a year. In Oakland, that data is stored for five years.

Microsoft recently piloted the first FBI-compatible data storage program for police video, a program using its Azure cloud storage system with VIEVU, a Seattle-based maker of wearable police cameras, likely opening the door for many police departments to start storing data in the cloud. As a result, police departments should be able to keep and manage data longer and for a lower cost, putting to rest arguments that cop body cameras are too financially burdensome and not feasible for small departments. Storing all that data is only going to get easier.


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Hospitals eye models to address disasters

Crisis plans that can take hospitals months to develop could be produced in seconds with the right mathematical modeling — cutting out much of the painstaking human analysis — according to Boston professors who hope to incorporate these algorithms into local protocol.

"What these models enable you to do is figure out a complex situation with a lot of interacting factors. The tools help you make the best decision," said Ozlem Ergun, an associate professor in Northeastern's Mechanical and Industrial Engineering department. "Boston is a very specific place, where almost all the big hospitals are research hospitals, so it could really benefit from this kind of thing."

According to Ergun, these systems can determine the most efficient way for hospitals to respond to incidents such as outbreaks of disease, natural disasters or tragedies like the Boston Marathon bombings, which cause an influx of patients concentrated in one area.

"If you're in a situation where many people need access to hospitals, there could be several issues — problems with transportation, congestion due to the number of people, access limitations for security reasons," she said. "There needs to be a plan for things like how to use certain EMS vehicles and where patients should be directed based on their needs."

Ergun, who is reaching out to local hospitals to team up on preparedness efforts, came to Northeastern from the Georgia Institute of Technology in September, and has worked on issues surrounding humanitarian crisis response for organizations including the Centers for Disease Control and Prevention and the Federal Emergency Management Agency.

Jarrod Goentzel, founder and director of the MIT Humanitarian Response Lab, has been using these methods to help West Africa cope with the Ebola outbreak, and said the same approach could be used in Boston to create a central point among its cluster of large hospitals to house supplies needed in crisis situations.

"We have lots of hospitals here. In a panic mode, everyone is trying to procure supplies," he said. "Basic human nature is to hoard and hoard and be prepared. But the more centrally you stock things, the more risk that can cover."

Paul Biddinger, chief of emergency preparedness at Massachusetts General Hospital, said each local hospital conducts a yearly analysis using tools like FEMA flood maps, but that potential coordination among hospitals is not analyzed.

He added that predicting the frequency and severity of pandemics is tricky, and any resources that could shed light on those events "would be of use."

"Anything that will more accurately predict stressors on the system will help us know how to deal with those stressors," he said.


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Inspector Gadget: MacBook a bit pricy, but lightweight and a beauty

MacBook ($1,299 and up, 
AppleStore.com)

The latest iteration of Apple's full-size notebook computer weighs in at two pounds, is 13.1 mm thin, and has a 12-inch so-called Retina display with edge-to-edge glass.

The good: If you like Apple design, you'll love this MacBook. Available in gold, silver or space gray, it's also got a great new trackpad and a wider keyboard.

The bad: Apple's new MacBook has just one USB port. So if you plan to connect a lot of devices to your laptop, this might not be for you.

The bottom line: If you're OK with just one USB port, this gorgeous Mac's for you.


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What could be causing 2004 Durango’s starting issues?

Written By Unknown on Minggu, 12 April 2015 | 16.30

Q: My 2004 Dodge Durango with 170,000 miles has recently developed starting problems. It will start up in one of three ways: 1. Start fine. 2. Start with a knock and go right to idle rpm. 3. Start with a knock and stall. I then have to crank the motor for 5-10 seconds before the motor slowly starts and goes right to idle rpm. I have no dashboard warning lights, the battery is OK and the engine runs fine with no detectable power loss or knocking. My mechanic looked at it and drove it but was not able to diagnose the problem, even after replacing the cam and crank sensors and disconnecting various sensors, cables, etc., trying to identify the problem. Could this be an issue with the starter motor since the engine operates fine once it is running?

A: I wonder if the knocking noise is tricking the knock sensors into retarding ignition timing to protect the engine. Knock sensors are effectively small microphones that listen for the sound of detonation in the cylinders and signal the ECM, which retards the timing. Mechanical noises that mimic the sound of detonation may fool the ECM. The retarded ignition timing might explain the engine's idle rpm and restart characteristics.

You didn't identify whether your Durango is equipped with the 4.7-liter or 5.7-liter V8 engine, but both appear to utilize a geared starter motor. You could have the starter tested for amperage draw on or off the car. Once the starter is removed, the teeth on the flex plate ring gear can be inspected for damage. I found remanufactured starters for under $100.

One final thought: Years ago we had a Malibu wagon that developed an intermittent but very loud knocking noise. After much knuckle-busting, teeth-gnashing and head-scratching, it turned out to be a loose torque converter mounting bolt that intermittently hit the inside of the bell housing.

...

Q: My wife's 2001 Ford Escape has a problem with the cruise control. On a recent trip, when I turned on the cruise, the green light went on but when I attempted to set the speed control it would not set. The light to indicate that the speed control was set did not come on. Repeated attempts also failed. Then the green light indicating that the speed control was on also went off and wouldn't come back on. Yesterday my wife informed me that the green light did come on but the speed control would not activate. Could you help us diagnose this problem?

A: Your best diagnostic strategy is to use a scan tool and the cruise control's self-diagnostic capabilities to identify the problem. This may lead to pinpoint testing of the speed control switch, servo, deactivator switch, brake switch and other components. Also, make sure all brake lights are operational.

Please note that Ford issued a recall back in 2000 addressing potential corrosion or binding in the speed control cable.

L L L

Q: My Ford Fusion has about 85,000 miles on it. It has a set of Goodyear tires with about 12,000 miles on them. Both right-side tires leak air enough that the "Low tire" light comes on every two weeks or so. The tires have been removed and resealed to their aluminum rims by the tire shop where I bought them and by my Ford dealer. Nothing seems to work. I've thought of buying new tires or even trading the car, but I like it a lot.

A: Typically, there are two possible causes for air leaks from replacement tires on alloy wheels — corrosion around the bead contact area on the rim or porosity of the wheel itself. Shops remove the corrosion and apply a special sealant to the bead to seal the tire.

You have three choices — have a tire specialist try resealing the tires again, replace the wheels or replace the car. I'd go with option one.

Paul Brand, author of "How to Repair Your Car," is an automotive troubleshooter, driving instructor and former race-car driver. Readers may write to him at: Star Tribune, 425 Portland Ave. S., Minneapolis, Minn., 55488 or via email at paulbrand@startribune.com. Please explain the problem in detail and include a daytime phone number. Because of the volume of mail, we cannot provide personal replies.


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Library to tackle Boston's data

A new team of librarians will take the mountains of data that the city of Boston releases to the public and make it usable and understandable for everyone, thanks to a nearly half-a-million-dollar grant.

"(The grant) is focused on taking the incredible open data resources that the city makes available and make them more useful to people," said Jascha Franklin-Hodge, the city's chief information officer. "You'll have easier access to that data by working through our public libraries to get it."

The city and the Boston Public Library is hiring a team of librarians who will be charged with making data as easy to find and understand as books.

The project is being funded through a $475,000 grant from the Knight Foundation.

"Librarians are a workforce that specialize in information curation and pointing citizens toward the information when they need it," said John Bracken, vice president of media innovation for the Knight Foundation. "We were particularly taken with the possibility of leveraging the platform of the library, the physical space of the library, to accelerate the use of civic data coming out of open government."

The program will likely include training and reference materials for residents.

"This will have relevance for the individual on the street, any resident," said David Leonard, director of administration and technology for the BPL. "In some ways it's a natural evolution of our traditional reference services."

The data that is routinely released by the city includes Citizen's Connect requests, crime incident reports and food permit maps, information someone interested in moving to a new neighborhood may want to know.

Boston has published much of the city's data for more than a year, starting with an Open Data executive order from Mayor Martin J. Walsh.

But, data.cityofboston.com is overwhelming, and hard to use for people who do not have a data science background.

"Historically, open data has just been a website that we throw up, and we put the data up there and say OK, our job is done, the data is open," Franklin-Hodge said. "That's the equivalent of getting a room and just throwing a pile of books on the floor and saying here's your library."

Last month, Boston released much of its data to techies, challenging them to create apps and visualizations that explain what is happening in the city.


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Stringent reverse mortgage rules near implementation

WASHINGTON — Interested in a reverse mortgage without a lot of hassles? Get your application in now. On April 27, a series of extensive "financial assessment" tests will make applying for a reverse mortgage tougher — much like applying for a standard home mortgage.

Reverse mortgages always have been different — available only to seniors 62 and older who have equity in their homes that they want to convert to cash. There are no repayments required until the borrower sells the house, moves out or dies. Homeowners' main responsibilities are to keep current on local property taxes, pay hazard insurance premiums and keep the place in reasonable condition.

The Federal Housing Administration has for three decades run the dominant insured reverse mortgage program in the country, and it has been relatively easygoing when it comes to underwriting. If you qualified on age and equity, you had a good shot at getting a loan.

But during the recession and mortgage bust years, thousands of borrowers fell into default because they didn't pay required property taxes and hazard insurance premiums. Further, real estate values plunged, producing huge losses on defaulted and foreclosed properties for the FHA. The losses got so severe that the Treasury Department had to provide the FHA with a $1.7 billion bailout in 2013, the first in the agency's history since its creation in the 1930s.

All of which led to the upcoming dramatic changes. Applicants now must demonstrate upfront that they have both the "willingness" and the "capacity" to meet their obligations. Lenders are going to pull borrowers' credit reports, just as they do with other mortgages.

Applicants will need to show that they paid their real estate taxes, homeowner association fees and other property-related charges on time for at least the past 24 months. They will be asked to produce documentation of their employment status, income and financial assets, as well as undergo a "residual income" analysis that examines all their monthly expenses and cash flow.

Inadequate marks on these tests may require borrowers to create a "life expectancy set aside" — essentially a reserve account or escrow funded wholly or in part from their loan proceeds. For some borrowers, the set-asides may be so substantial they'll be left with minimal cash at closing, making the entire reverse mortgage process a waste of time.

All of which, say reverse mortgage industry experts, will exclude potentially thousands of senior homeowners from obtaining a reverse mortgage, especially those who are on the margins economically and need the cash to help pay for ongoing household expenses.

Reza Jahangiri, CEO of Orange, Calif.-based American Advisors Group, the highest-volume reverse mortgage lender, said his company expects a decline in loan activity by "8 to 10 percent" after the assessment rules take effect. He also expects a shift toward "mainstream" borrowers who seek to use a reverse mortgage as part of their overall retirement planning, including raising money to buy a new house or to establish a flexible line of credit they can draw from. Many seniors currently can't qualify for bank home-equity credit lines, he said, but with adequate credit, income and assets, can qualify for a reverse mortgage in the form of a credit line.

Maggie O'Connell, who originates FHA-insured reverse mortgages for The Federal Savings Bank from offices in Reno, Nev., and Danville, Calif., said she's been scrambling "to get people in before the deadline" who might encounter difficulty — or be turned off by all the required documentation — under the new rules. Though she may do fewer loans in the short term, she said, in the long term the tougher rules "are probably a good thing" because they will prevent weak borrowers from taking out loans they can't handle and that will eventually end up in default, "which is bad for them and bad for us."

Bottom line: Tougher credit standards have come to reverse mortgages — finally. Before applying, be aware of the types of documentation you'll need. And when you talk with a lender or financial counselor about a reverse loan, make sure you involve the entire family, so everybody knows what you are getting into.


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Sprint-RadioShack stores launched across Bay State

Written By Unknown on Sabtu, 11 April 2015 | 16.30

Forty Massachusetts 
RadioShacks — including locations in Boston, Dorchester, Mattapan, East Boston and Cambridge — were among 1,435 nationwide that relaunched yesterday as co-branded Sprint-RadioShack stores.

The move more than doubles the footprint of the mobile carrier, which will occupy about a third of each store to sell devices and services from Sprint, Boost Mobile and Virgin Mobile under a "store-within-a-store" model.

RadioShack products will continue to be sold in the stores.

Sprint made the deal with Standard General affiliate General Wireless Inc., which last week bought 1,743 stores from RadioShack after the 94-year-old, Boston-born consumer electronics chain filed for bankruptcy protection in February.

"This important partnership with Sprint has enabled RadioShack to continue to provide a trusted destination for our millions of loyal consumers," RadioShack CEO Ron Garriques said in a statement.

Temporary Sprint-RadioShack signage eventually will be replaced, and Sprint will build out the store-within-a-store concept in the next several months.

Sprint said it plans to hire about 100 workers for the Massachusetts stores.


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