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Here's The Tiniest Town In Every State

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There are small towns, and then there are towns with single digit populations. Continuing our ongoing search for demographic outliers, we found the smallest town in every state.

Using population counts from the 2010 Census, we found the place— either a legally incorporated town, village, or city, or a Census-designated statistical equivalent — that had the fewest inhabitants in each state, excluding the handful of places with zero population in 2010:

smallest places map

Alaska, Arizona, Nebraska, Utah, and Washington all contain a place with one resident as of the 2010 Census. Here's the list of the smallest place in every state:

smallest places table

SEE ALSO: RANKED: The 50 US State Economies From Worst To Best

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Spectacular Auroras Could Be Visible In Parts Of The US This Weekend

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x1 solar flare sdo image

The solar flare that erupted on Wednesday will be putting on a spectacular show this weekend, when the second of two coronal mass ejections— charged gases shooting out from the sun — is projected to arrive.

These powerful solar storms will produce auroras that will potentially be visible in the central and northeastern U.S. during the late hours on Friday and Saturday, according to Tony Phillips at spaceweather.com. Auroras are natural nighttime light displays that are usually only visible in the northernmost parts of the world.

Here's a helpful AccuWeather map of where the aurora will appear:

aurora mapFor any intrepid sky-watchers who are lucky enough to be in the visibility zone, the best time to look up will be after midnight, in every time zone, on Friday and Saturday.

Viewers in Washington state, most of Oregon, Idaho, Wyoming, Nebraska, Minnesota, the northern parts of Nevada, Utah, and Colorado, western Iowa, and the southeast part of South Dakota have the best chance of seeing the aurora, about 45%.

It's a coin toss, but one that could result in unforgettable beauty.

SEE ALSO: This New Timelapse Of Norway's Aurora Borealis Is Absolutely Breathtaking

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Columbia Students Are Holding A Massive Rally Over The School's Sexual Assault Policies

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Days after the story of a Columbia University student who is carrying her mattress to protest the presence of her alleged rapist on campus, Columbia students joined a large rally Friday on campus to show support for survivors of sexual violence at the university.

Called Stand with Survivors, the rally "will give a chance for students and alumni survivors to discuss their own experiences with sexual assault and Columbia's adjudication process," according to Columbia student newspaper The Daily Spectator.

Students also brought their own mattresses in support of Emma Sulkowicz, who has been carrying her mattress for over a week. She has said she will carry the mattress as part of a performance art piece until her alleged rapist leaves Columbia, either by university action or his own volition.

Students have been rallying behind mattresses taped up to read "Carry That Weight," the title of Sulkowicz' piece.

Here are some of the images coming out of Columbia this afternoon:

Students have brought mattresses to the front of Low Library.

 

According to the Spectator, a group of students also met with Columbia University President Lee Bollinger to ask for additional changes to the school's sexual assault policies. Columbia has recently been criticized for not listening to student activists when it updated the school's sexual assault policies this summer.

The Spectator is also running a live blog of the rally. Here's one exerpt from 12:43 Friday afternoon:

One former Barnard student—who was raped her freshman year and then left school—calls for the administrators to take action, but says that she's inspired by activism at Columbia, Barnard, and other schools across the country. "You guys have already won. There are hundreds of women on this campus...who no longer feel alone because you stood up and started fighting back."

The issue of sexual assault on college campuses has come to the forefront in recent months as students at universities across the country have spoken out about their own experiences and alleged mishandling of their cases by their schools.

In May, the federal government released a list of 55 colleges being investigated for potential sexual assault policy violations after revealing in January that students "experience some of the highest rates of sexual assault" in the country. The list has now increased to more than 70 schools.

Additionally, many student groups are advocating for better sexual assault policies, including a landmark sexual assault complaint filed by 23 Columbia University students in April.

We have reached out to Columbia for a comment about the student rally and will update with any response.

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Report: The NFL And NFLPA Are Close To Agreeing On A New Drug Policy That Could Reinstate Suspended Players

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Josh Gordon Browns

According to Dan Graziano of ESPN, the NFL and the NFL Players Association are nearing an agreement on a new drug policy.

The policy would include HGH testing and changes to the penalties for testing positive for marijuana. As a result, suspended players like Josh Gordon, Wes Welker, and Orlando Scandrick could have their suspensions reduced.

Gordon is the most notable case, as his one-year suspension for testing positive to marijuana has been highly debated by fans and analysts. According to the report:

"The standard for a positive marijuana test would be raised significantly from the current 15 ng/ml of THC, though not all the way up to the current Olympic standard of 150 ng/ml, making it harder to test positive. According to Gordon's account, his most recent positive test would not have been a positive test at all under the new policy."

In the cases of Welker and Scandrick, who were both suspended four games for testing positive for methamphetamines, the policy could go two ways. If a player tests positively during the offseason, then his case would fall under the policy for drug abuse (much like the new marijuana policy); however, if he tests positively during the season, he would be subject to the new HGH testing rules.

According to Graziano's report, both Welker and Scandrick could be reinstated immediately.

Players would also be subject to blood testing for HGH, but would hold the right to "challenge the scientific validity" of the test results. This could come into play for future cases like Robert Mathis's (who is now out for the season with a torn ACL), who was suspended four games after he tested positive for Clomid, a fertility drug that violates the league's PED polcy. Mathis argued that he took the drug to help he and his wife have a child.

The vote for the new policy could take place Friday.

SEE ALSO: Wes Welker 'Shocked' By Suspension, Denies He Was On Molly While Handing Out $100 Bills At The Kentucky Derby

SEE ALSO: The NFL's Drug Testing Policy Is Completely Ridiculous

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Chris Pratt Shares His First Headshot Before He Was Famous

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chris pratt headshot 2000

Following the announcement that Chris Pratt will host the season premiere of "Saturday Night Live", the "Guardians of the Galaxy" star reminisced on Twitter by sharing a hilarious old headshot featuring the popular "throwback Thursday" hashtag

He clearly has a sense of humor about his former image, as he refers to himself as "Douchemaster McChest" in the tweet.

The headshot was taken back in 2000 when Chris Pratt was a struggling actor forced to wait tables and live in a van to get by. Things have certainly changed for the better for Pratt since then, as he is the star of the most succesful movie of the year and plays "Parks and Recreation" favorite Andy Dwyer on the NBC comedy.

SEE ALSO: Bob Iger Nominated Chris Pratt For The Ice Bucket Challenge, And His Response Was Great

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The Man Leading The Development Of Google's Drones Originally Thought Their Design Was A 'Terrible Idea' (GOOG)

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Google recently revealed it has spent the last two years secretly working on a drone delivery program called "Project Wing."

One of the founders of the project, MIT researcher Nick Roy, told MIT News' Adam Conner-Simons that he originally viewed part of the drones' design — how they drop packages — as "a terrible idea."

Here's a look at how the drones work:

The Project Wing team calls its drone a "tail-sitter," meaning that it takes off vertically like a helicopter...

Google Drone Liftoff

...And then tilts forward to fly more like a traditional plane:

Google Drone Flying 2

To deliver a package, the drone drops a cable with an "egg" attached. The egg connects to the package:

Google Drone Drop

When the package lands, the egg  detaches and leaves the package on the ground:

Google Drone Trim

Although Roy was iffy about the egg concept initially, he says that he realized that it was actually safer and more accurate than using parachutes or landing the drone. (In Amazon's demo of its own drone project, Amazon Prime Air, the company shows its machines landing to drop each package.)

Although Google's drone project is still years from actually being used in the wild, Roy says the technology proves there is potential for this type of idea to work. 

"This could take a lot of the friction out of the way that we move things around in the world," Roy told Conner-Simons. "But what’s truly exciting is the recognition that the most compelling application is probably something that people aren't even thinking about right now."

SEE ALSO: Check Out All The Crazy Swag Hard-Core Google Fans Can Buy

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15 Photos From The Upcoming 'Simpsons'-'Family Guy' Crossover

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the simpsons family guy crossover episode

At the end of September, two of TV's biggest animated cartoons, "The Simpsons" and "Family Guy," will unite in an epic crossover episode.

A road trip gone awry will send the Griffins to Springfield in the one-hour 12th season premiere of "Family Guy."

The episode, which has been in the works for two years according to Entertainment Weekly, will show the Quahog family interacting not only with the Simpsons' family but also engaging with plenty of Springfield's locals.

The big crossover episode will air Sept. 28 on Fox at 9 p.m.

Fox released a bunch of new photos previewing the upcoming episode entitled "The Simpsons Guy," and it looks like one you won't want to miss.

"The Simpsons Guy" will feature each character as they interact with their counterpart when the Griffin family from "Family Guy" accidentally end up in Springfield.family guy the simpsons crossover episode

Lisa will invite Meg to try out her saxophone.meg lisa the simpsons family guy crossover episode

Talking dog Brian from "Family Guy" will see what a real dog's life is actually like.brian santas little helper the simpsons family guy crossover episode

Expect shows to swap character gags as Chris is seen here sucking on an identical Binky to Maggie's.maggie chris the simpsons family guy crossover episode

Stewie won't only learn how to skateboard, but will also dress up as a mini Bart. Hopefully, we get a "cowabunga."stewie bart the simpsons family guy crossover episode

Naturally, Homer and Peter will team up.homer peter the simpsons family guy crossover episode

They'll head to the local tavern.the simpsons family guy crossover episode peter homer

And, of course, will swap some donuts.the simpsons family guy crossover episode homer peterthe simpsons family guy crossover episode homer peter

They'll also team up to ... wash cars?the simpsons family guy crossover episode homer peter

Don't expect this budding relationship to be perfect bliss. The two are supposed to engage in an epic brawl reminiscent of Peter's popular chicken fight from "Family Guy."the simpsons family guy crossover episode homer peter fight

According to Fox, this will lead to the two getting into "all sorts of trouble."peter homer the simpsons family guy crossover episodepeter homer the simpsons family guy crossover episode

It looks like a blast.peter homer plane the simpsons family guy crossover episode

SEE ALSO: The 24 new shows coming to network TV this fall

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Chase Execs Used A Secret Code To Signal When They Could Talk About Apple Pay (AAPL)

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chase-bank-manhattan

Just days after Tim Cook announced Apple Pay  the company's new mobile payment platform  we've learned just how hard Apple tried to keep news of the platform secret.

Apple wouldn't let any of its payment partners talk about Apple Pay until Tim Cook unveiled the program himself, according to The New York Times' Nathaniel Popper.

Executives at JP Morgan's Chase division went so far as to use a secret code to signal when it was okay to talk about their company's involvement in Apple Pay.

Chase chief financial officer Marianne Lake was on stage at a conference around the same time Tim Cook was introducing the iPhone 6 to the masses, but was forbidden to mention Apple Pay until Cook did.

But when one of Lake's colleague's put a green Apple on the table next to her, she knew the coast was clear to discuss the new platform.

"So we are very excited about Apple Pay, and Chase customers will be able to participate in that," Lake reportedly said to the audience.

Apple hopes that partnering with major financial institutions like Chase will galvanize consumers to get on the Apple Pay bandwagon.

Apple is also rumored to be discussing loyalty programs with some retailers that it hopes will drive mobile wallet adopters towards Apple Pay instead of its Android counterpart, Google Wallet.

SEE ALSO: The iPhone 6 Has Samsung Backed Into A Corner

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The FDA Just Approved A New Diet Pill With Expected Sales Of $200 Million In 2016 — But There's A Catch

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obesity drugs historical medicine weight loss

The Food and Drug Administration has approved Contrave "as treatment option for chronic weight management in addition to a reduced-calorie diet and physical activity,"the agency announced on Wednesday. Sales for Contrave, made by Orexigen Therapeutics, are expected to be $200 million 2016, Wells Fargo analyst Matthew Andrews told Reuters, but there is ample reason for caution.

"Drugs are not the answer to epidemic obesity, but they can be of help in select cases,"David L. Katz, M.D., the founding director of the Yale-Griffin Prevention Research Center told Business Insider in an email. "Of course, the obese population is large enough that even selective use may mean a fairly big market."

More than a third of Americans are obese, and while pharmaceutical companies have been racing to find a treatment with blockbuster potential, Katz suggests that prescribing an anti-obesity drug should not become the standard treatment. Finding a way to improve diet and increase physical activity is still considered the best approach for the vast majority of people looking to lose weight.

"If [Contrave] becomes a blockbuster, it means we are approaching the problem badly — relying on a drug to do poorly what lifestyle as medicine can do so much better," Katz said.

Insurers have historically been reluctant to cover drugs that target obesity, making widespread adoption unlikely unless their position changes. That's "often cited as the main reason why sales of new antiobesity drugs are disappointing," wrote scientists from Renasci, a pharmaceutical consulting firm, in the International Journal of Obesity

And Contrave is no miracle drug. As with other anti-obesity pharmaceuticals, the weight lost during trials was modest, not transformative. Side effects, in some cases, can be severe. (We reached out to Orexigen for comment but have not heard back.)

"No current pharmacotherapy possesses the efficacy needed to produce substantial weight loss in morbidly obese patients," researchers wrote in a review of anti-obesity drugs in the Journal of Obesity. "Long term safety continues to be a major consideration."

What is Contrave?

Contrave is a combination of two previously approved drugs that have been observed to reduce appetite: bupropion, often prescribed for depression and smoking cessation under the brand names Welbutrin and Zyban, and naltrexone (Vivitrol), which is primarily used to fight alcohol and opioid dependence.

Orexigen Therapeutics first sought FDA approval for Contrave in 2011 but was asked to conduct additional testing of cardiovascular risks. That testing, which is ongoing, is costing the company $100 million, according to FierceBiotech, and the FDA is now requiring post-approval follow-up research on cardiovascular risks, safety for children, and more.

In June, the FDA delayed approval again until the label was updated with a warning that side effects may include increased suicidal thoughts, a standard warning on many antidepressants.

Now Orexigen has won approval from the FDA, although there's no information yet on how much the drug will cost or when exactly it will be available.

Does it work?

Well, sort of — but that all depends on what you expect it to do. First, the drug is meant to be used alongside, not in place of, a reduced-calorie diet and exercise. That's how it was evaluated, over multiple clinical trials that tested the drug in 4,500 people over the course of a year. 

In one trial, among people without diabetes, fewer than half (42%) of participants taking Contrave lost at least 5% of their body weight, compared to 17% of patients taking a placebo pill. Results were slightly worse among participants with diabetes: 36% of those on Contrave lost at least 5% of body weight compared to 18% of those on the placebo. (In someone who is 200 pounds, losing 5% of body weight would mean losing just 10 pounds.)

The Renasci researchers writing in the International Journal of Obesity noted that based on trial results so far, Contrave "would not satisfy the criterion" of the FDA's European counterpart "for a clinically effective antiobesity drug."

"There can be meaningful health benefit from a 5% weight loss," Katz, the Yale obesity expert, told us. "But the potential toxicity of this drug is considerable, and the weight will likely be regained if the drug is ever stopped."

What are the side effects?

Along with the warning about increased risk for suicidal thoughts, labeling will also note that "serious neuropsychiatric events have been reported in patients taking bupropion for smoking cessation," the FDA reports. Other possible side effects include seizures as well as elevated blood pressure and heart rate. The FDA says "blood pressure and pulse should be measured prior to starting the drug and should be monitored at regular intervals."

The most common adverse reactions people in trials had when taking Contrave were nausea, constipation, headache, vomiting, dizziness, insomnia, dry mouth, and diarrhea.

What are the major drugs competing with Contrave?

fen-phen phen-fen diet pillsBack in 1997, the popular combo appetite suppressant known as fen-phen was withdrawn after fenfluramine, one of its main components, was linked to heart valve defects and other cardiac abnormalities. More recently, the FDA withdrew approval for the diet drug sibutramine due to an increase in "nonfatal cardiovascular events." That may have given the agency pause when other diet pills came up for approval.

But in 2012, Belviq and Qsymia became the first anti-obesity drugs to win FDA approval in more than a decade, though both are tightly regulated due to their status as controlled substances

Belviq, Qsymia, and Contrave are very different, pharmacologically, but not hugely different in terms of results. Katz said Contrave is "probably more effective and more toxic than Belviq" and "less effective and less toxic than Qsymia." (Participants in Belviq trials lost an average of 3% of their body weight compared to 9% among those in Qsymia trials and 5% among those in Contrave trials, Forbes noted.)

Orexigen is also testing a totally separate anti-obesity drug called Empatic. And an over-the-counter drug, orlistat (known under the brand name Alli in the United States), disrupts fat absorption, aiding in weight loss — and often causing numerous gastrointestinal side effects. After sibutramine (sold as Meridia) was pulled from shelves in 2010 due to "increased risk of heart attack and stroke," Alli was briefly the only approved weight loss drug available in the U.S.

Katz emphasized that none of these drugs is particularly miraculous. "The argument for approving weight loss drugs is not that [they are] really very good, but rather that 'something is better than nothing,'" he said.

Here's a table from the National Institutes of Health summarizing the pre-Contrave drugs that have been approved for obesity treatment:

obesity drugs table

What's the bottom line?

Contrave is not a solution to the obesity epidemic, and it's certainly not the best plan of action for most people struggling with excess weight. After investing a huge amount of money to develop the drug, Orixgen has 900 sales reps lined up to pitch it to doctors — but it may not be as popular as the company hopes.

"As the majority of patients are unlikely to achieve the high degree of weight loss that they are seeking, it is questionable how willing they will be to pay for Contrave," the Renasi scientists note in the International Journal of Obesity. "As previously seen with sibutramine and orlistat, there may a very high initial uptake of Contrave treatment that is followed by a quite rapid decline."

Contrave could, however, be what Katz called "a useful springboard to action in select cases."

Still, when people are trying to lose weight, "there needs to be a long-term plan for lifestyle change," Katz advised. "Absent that, it's a short-term, go-it-alone, side-effect-encumbered solution to a long-term, best-addressed-together, lifestyle-based problem."

And that's not really a solution at all.

SEE ALSO: There Will Never Be A Miracle Weight-Loss Drug

Don't miss: Here Is The Simplest Advice For Anyone Trying To Lose Weight Or Eat Healthy

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Meet The Female Software Engineer Who's Training To Be A Bodybuilder On The Side

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cindy chu polyvoreWhen you're working as an engineer at a startup in Silicon Valley, it can be tough to think of anything besides work.

But Cindy Chu, a senior software engineer at online shopping company Polyvore, juggles managing a seven-person team with an even more strenuous activity  — she weight-lifts five days a week and hopes to enter amateur weightlifting competitions soon.

"It’s one of the exercises that just stuck with me," Chu told Business Insider. "I think it's like people who do races in that it's a lot of adrenaline." 

Chu previously worked as a technical lead at Yahoo, where she got to make use of a cushy corporate gym. But five years ago, when she left Yahoo to manage Polyvore's web and consumer services team, she was forced to explore other options. 

Each Polyvore employee gets a monthly wellness stipend, so Chu decided to use hers to sign up for a gym near her home in Mountain View. 

The gym she chose was Prometheus Athletics, a facility that's popular among Silicon Valley engineers and scientists. The gym is so popular with the tech crowd, in fact, that it offers a "nerd discount" for people in the industry. 

cindy chu polyvore"It's a really supportive community there," Chu said. "It's really a place for people who want to pursue both intellectual and physical activities." 

At Prometheus, Chu has learned the two types of Olympic weightlifting: the "snatch" and the "clean and jerk." They're both extremely difficult techniques that take a lot of flexibility, speed, and power to master. 

But now she's hooked — she reserves two hours in the morning, five mornings a week, so that she can get her exercise in before heading in to the office. 

"It's how much I needed to go to feel like I was training enough," she said. "I block off time on my calendar because the work tends to grow around the time if I don't. That's kind of how it is in the Valley."

Polyvore is fairly active as a whole. The company plans plenty of activities both in and out of the office, including an annual beach party and a company-wide competition they call the Poly Olympics. The monthly wellness stipend also encourages employees to exercise.

And while weightlifting may be an unconventional hobby, especially among women, Polyvore is an unconventional tech company. A full 59% of Polyvore employees are female, including cofounder and CEO Jess Lee. In Chu's department specifically, 26% of engineers are women. 

That's far above the tech industry standard — both Google and Apple, for example, have workforces that are only 30% women globally. cindy chu polyvore

"Polyvore is a meritocracy — you're all treated fairly regardless of whether you're a man or a woman, and regardless of your age or race," Chu said. "The new trend in Silicon Valley is that companies are releasing their diversity figures. I think that's a good step to starting the conversation."

SEE ALSO: Meet The Pinterest Engineer Who Runs 50-Mile Road Races For Fun

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West imposes new Russia sanctions, Putin defiant

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A Ukrainian soldier uses binoculars as he guards a position near the eastern Ukrainian city of Popasna in the Lugansk region on September 12, 2014

Kiev (AFP) - The United States and European Union hit Russia with tough new sanctions Friday in a coordinated riposte to Moscow's "unacceptable behaviour" in Ukraine.

Moscow responded by accusing its foes of seeking to derail a fragile ceasefire that came into force just a week ago, aimed at halting a conflict that has killed more than 2,700 people and inflicted heavy damage in towns and cities across Ukraine's industrial heartland.

While the guns have largely fallen silent after five months of fighting between Ukrainian forces and pro-Russian rebels, the rhetoric in the worst East-West crisis since the Cold War has just grown louder.

In some of the toughest measures yet to punish Russia for allegedly fomenting the insurgency, Washington targeted Russia's top bank and leading energy and technology companies, restricting access to finance and technology.

The fresh EU measures were also aimed at major Russian energy, finance and defence companies, including oil giant Rosneft and famed weapons manufacturer Kalashnikov.

The 28-member bloc also imposed asset freezes and visa bans on a host of Russian figures, including allies of President Vladimir Putin, as well as rebels in Ukraine and Crimea, a Ukrainian region that Russia annexed.

"These steps underscore the continued resolve of the international community against Russia’s aggression," said US Treasury Secretary Jacob Lew.

The ruble sank to a historic low and Moscow stock markets fell, fearful of the impact on an economy already teetering on the brink of recession.

But a dismissive Putin said the sanctions would have little effect and accused the West of using them as an "instrument to destabilise international relations".

EU nations finally approved the measures after deep divisions emerged in the wake of the ceasefire, with some worried about the effect on their own economies of any reprisals by Moscow.

Brussels has now agreed it could "amend, suspend or repeal" the measures after reviewing the truce at the end of September.

Moscow has already threatened to bar EU airlines from its airspace, and has drawn up a list targeting imports of consumer goods and second-hand cars from the West.

 

- 'Truce insufficient' -

 

But European Commission head Jose Manuel Barroso, on a visit of solidarity to Kiev just as the sanctions took effect, chided Russia over its "unacceptable behaviour" in its Western neighbour.

In talks with President Petro Poroshenko, he described the ceasefire -- the first backed by both Kiev and Moscow since the conflict erupted in April -- as a positive step.

"However, it is still insufficient to guarantee sustainable peace," he added.

The West remains deeply suspicious over Moscow's territorial ambitions after it seized Crimea in March in the chaotic weeks that followed the ousting of Ukraine's pro-Kremlin president.

Both Kiev and NATO say around 1,000 Russian troops are still in Ukraine in what has been described as an invasion by stealth to bolster the separatist revolt.

Ukrainian authorities say the insurgents now control territory stretching about 300 kilometres (200 miles) along the eastern border to the Sea of Azov after a lightning surge reportedly backed by elite Russian forces just days before the truce.

The sudden shift in fortunes, reversing a series of Ukrainian military successes, prompted suggestions that Kiev had negotiated the deal signed in the Belarussian capital Minsk from a position of weakness.

In a conciliatory gesture this week, Poroshenko announced he would submit a bill to parliament granting parts of the east temporary self-rule, although vowing to keep Ukraine united.

The leaders of the self-declared "people's republics" in the mainly Russian-speaking Donetsk and Lugansk regions say however they have no intention of abandoning the fight for full independence.

 

- 'Special status' -

 

But with the West firmly on his side, Poroshenko demonstrated his determination to remove his country further from Russia's orbit by boosting ties with Brussels and Washington.

He announced the Ukrainian and European parliaments would meet Tuesday to jointly ratify a historic association agreement that was scrapped by former pro-Kremlin president Viktor Yanukovych but will now come into effect on November 1.

Yanukovych's decision set off months of pro-Western protests that eventually led to his ouster and triggered the anti-Kiev uprisings in Crimea and the east.

Poroshenko also told an international conference in Kiev he hoped to secure a "special status" for Ukraine with the United States during a visit to Washington Thursday when he meets President Barack Obama.

Last Friday's truce has so far held, despite accusations of violations on both sides and sporadic reports of violence in the east.

"It's Ukrainian people killing Ukrainian people," said one old man in the eastern town of Komsomolske.

"In World War II we could tell who the enemy was but now I don't know who is going to kill me. Without compromise, no resolution is possible."

People in the war-ravaged east are still struggling, and the World Food Programme announced Friday it had begun distributing aid to stricken regions. 

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Stocks Are Lower, Dow Down 90 Points (DIA, SPY, QQQ, TLT, DRI, ADS, CNVR, ULTA)

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Oscar Pistorious

Stocks were lower on Friday after economic data earlier in the day showed retail sales grew in-line with expectations in August while consumer confidence topped expectations.

The Dow was down 91 points, the S&P 500 was down 13 points, and the Nasdaq was down 28 points.

Earlier on Friday, we got the monthly report on retail sales, which showed sales rose 0.6% in August, in-line with expectations. July's sales were also revised higher, to 0.3% from 0%.

Following the report, Ian Shepherdson at Pantheon Macroeconomics said, "In one line: Solid, especially when revisions taken into account. August retail sales rose 0.6%, in line with the consensus. Sales ex-autos rose 0.3%, also matching expectations. But note the +0.5% revision to prior data, making the net report stronger than expected and lifting the y/y rate to 5.0% from 4.2% in July."

The preliminary University of Michigan consumer confidence survey for September came in better than expected. The report showed consumer confidence came in at 84.6 against expectations for 83.5. This is also higher than the 82.5 reported in August.

Ian Shepherdson at Pantheon Macroeconomics said, "In one line: Better, but still not good enough... All the increase was in the expectations component, which rose to a 15-month high of 75.6 from 71.3. The index tends to reflect movements in gasoline prices and the stock market, so we expect a further gain next month."

Following both data points, Paul Diggle at Capital Economics said, "The rise in consumer confidence in September adds to the evidence from August's upbeat retails ales report that third quarter consumption growth will come in stronger than we initially expected. It looks like the economic recovery has a good deal of momentum."

Diggle also said these data points support his view that Q3 GDP growth will come in at 3.5%. 

In stock news, hedge fund Starboard Value filed a 294-slide presentation outlining various initiatives it thinks Olive Garden-owner Darden Restaurants can undertake to improve profit as well as the customer experience.

Among Starboard's suggestions is a rejiggering of its unlimited salad and breadsticks offering, in addition to saying that the company should prepare its pasta with salted water. In afternoon trade, Darden shares were down 1.5%.

Among the biggest gainers on Friday was Conversant, up about 30% after announcing a deal on Thursday night to be acquired by Alliance Data for $2.3 billion, or $35 per share. 

Also higher was Ulta Salon, up 17% after announcing second quarter earnings per share that beat expectations. 

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Poland resumes gas deliveries to Ukraine

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Poland's Gaz-System said Russia's Gazprom had sent it more gas Thursday than in the previous 24 hours, allowing the state-owned pipeline operator to resume gas deliveries to war-torn Ukraine

Warsaw (AFP) - Poland's state-owned pipeline operator on Friday said it resumed gas deliveries to war-torn Ukraine, following a brief interruption brought on by slashed supplies.

Warsaw stopped sending the daily four million cubic metres of gas to Ukraine on Wednesday, accusing Russia's Gazprom of only delivering 45 percent of its gas order that day.

The allegations came as tensions run high between the two countries over the bloody conflict in Ukraine, where Warsaw has supported Kiev in its battle against pro-Russian separatists in the east. 

Ukraine's main gas utility said the cut in supplies was an attempt by Russia to squeeze the reverse flows of gas it is being sent by EU states.

But on Friday, Poland's Gaz-System said Gazprom had sent it more gas on Thursday than in the previous 24 hours. 

"But the delivered amount remains lower than what Poland ordered and is at the level of volumes from early September," Gaz-System spokeswoman Malgorzata Polkowska told AFP. 

Another of Ukraine's suppliers, Slovakia, meanwhile said Friday its gas delivered from Russia remained 10 percent below expectations.

And Romania too said gas deliveries from its giant Soviet master had fallen.

"We don't know if it is a technical problem or an interruption but we have noticed a five-percent reduction," Energy Minister Razvan Nicolescu told Realitatea TV on Friday.  

Poland's PGNiG gas utility first said deliveries had been cut on Monday -- an accusation Russia denied, saying they remained stable at 23 billion cubic metres a day.

The implication was that Poland had increased its order amount but Gazprom delivered the same volume as before.

PGNiG president Mariusz Zawisza confirmed Friday that Poland had upped its order over the last few days, saying it was in line with the terms of its contract with Gazprom. 

"The fact that deliveries over the last three days were lower doesn't mean that we're facing a cataclysm. This is just an incident," he told the Polish news agency PAP. 

He added that Gaz-System had requested compensation from the Russian gas giant for the deficit in deliveries. 

Poland is highly dependent on Russian gas. Of the 16 billion cubic metres it consumes annually, over 60 percent is imported, mainly from Russia.

It is also among several Gazprom clients in the EU, including Slovakia and Germany's RWE, that have pumped gas to Ukraine after Moscow cut supplies in June over unsettled debt.

The "reverse flow" transfers have angered the Kremlin.

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Square Raises $100 Million At A $6 Billion Valuation

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Twitter founder Jack Dorsey

The payments startup Square has raised $100 million at a valuation of almost $6 billion, Fortune's Dan Primack and Erin Griffith report, based on filings obtained by VCExperts.com.

This news follows an August report from CNBC that Square was trying to raise $200 million total, at least partially from the Government of Singapore Investment Corporation. Square didn't list any stock buyers on the filing seen by Fortune, and it's unclear whether Square plans to raise another $100 million.  

Generally, it's been a tough year for Square, between a mix of bad press and increasing competition. Amazon recently launched a new card reader device that undercuts Square on transaction fees, and Apple just entered the mobile payments arena generally with Apple Pay. 

Business Insider reached out to Square for comment.

SEE ALSO: Square Is At Risk Of Succumbing To One Of The Worst Fates In Silicon Valley: Mediocrity

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Denmark McDonald's Workers Get Paid Vastly Higher Wages

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Big Mac

Fast food workers across the globe have been holding protests and walking out on their jobs in an attempt to force the industry to raise wages to at least $15 an hour. 

In response to the protests, McDonald's, one of the largest fast food chains in the world, has warned that wage increases would force franchisees to raise menu prices.

But in Denmark, McDonald's employees make twice what they do in the U.S., and the Big Mac costs just 35 cents more, William Finnegan writes in the New Yorker.

McDonald's workers in the U.S. make a median hourly wage of $9.15, according a New York Times report citing PayScale, a firm that tracks compensation data. McDonald's does not provide data on its wages.

"In Denmark, McDonald's workers over the age of eighteen earn more than $20 an hour — they are also unionized — and the price of a Big Mac is only thirty-five cents more than it is in the United States," Finnegan writes. 

Thanks to unionization, workers in Denmark also get paid sick leave and overtime pay. 

On average, the Big Mac costs about $4.80 in the U.S. and $5.15 in Denmark, according to the Economist's Big Mac index, which tracks the price of Big Macs across the world.

There are also domestic fast food chains, such as In-N-Out Burger, that have managed to pay employees more than McDonald's while still selling food at cheap prices, Finnegan points out. In-N-Out's starting wages at $11 an hour.

Fast food companies' "traditional defense of miserable pay — that most of their employees are young, part time, just working for gas money, really — has grown threadbare," Finnegan writes.

SEE ALSO: McDonald's Managers Admit To Making Staff Work Without Pay

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China demand to fuel Hong Kong iPhone grey market

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Emplyees wait for customers at a shop advertising the upcoming sale of Apple's new iPhone 6, in Hong Kong, on September 12, 2014

Hong Kong (AFP) - Wealthy mainland Chinese looking to buy the new iPhone 6 next week could expect to pay an eye-watering US$2,500 for the handsets in Hong Kong, following Apple's decision to delay the launch in China.

Hong Kong has long been a hub for resold and refurbished phones, and delighted vendors there were coping with a flood of pre-orders from the Apple-obsessed mainland.

The price, say sellers in the southern Chinese city, is a bargain -- the phones can then be resold on the mainland, where fans could pay up to 30,000 yuan (US$5,000) for a new handset.

Apple this week unveiled the two latest models in its iPhone series, both of which boast a larger screen, in a bid to recapture its role as a technological trend-setter.

The phones will be made available in 10 countries -- including Hong Kong -- from September 19, but Apple has not yet stated when they will be available on the mainland, despite it being one of the US tech giant's largest markets.

Massive queues and frantic trading were seen outside Apple stores in the southern Chinese city on previous iPhone launches, with resellers buying units from hundreds of new iPhone owners to sell on later at inflated prices on the legal but unauthorised "grey market".

At Sin Tat Plaza, a bustling mall crammed with mobile phone stores in the city's Mongkok district, posters and replica models of both iPhone 6 models are already on display on virtually every corner. 

"The demand in the mainland is bigger for the iPhone 6 compared to the iPhone 5s because there are bigger changes made to it," Arthur Chung, who runs a phone reseller shop at the three-storey shopping centre, told AFP.

Chung said he will order phones from the United States to match a pre-order made by a mainland customer for 300 units of the iPhone 6.

The 128-gigabyte gold version of the larger iPhone 6-Plus could be resold for over HK$20,000 ($2,580), Gary Yiu, the manager of the nearby iGeneration mobile phone store, told AFP.

Mainland China was among the first countries where the iPhone 5s was available for sale last year, and the then newly introduced gold iPhone 5s model was particularly popular.

- 'Just hand me the phone' -

Yiu said his store received scores of pre-orders for iPhone 6 models a week before its release, with mainland Chinese customers making up half of the orders.

Those customers could easily turn a profit by reselling the phone on the return home, he said.

"There have been reports saying that the iPhone 6 prices could reach over 20,000 yuan to 30,000 yuan ($3,260 to $4,890) in China, so the Hong Kong price isn't all that expensive," Yiu said.

Lau Chi-kong, who runs the G-World store, agreed. 

"Because it is not being sold in mainland China first, there will be a lot of mainland customers coming here to buy it, so there will be less stock and it can be sold at such a high price," he said.

In the US, the new iPhone 6 will start at the same price of existing iPhones at $199, while the iPhone 6 Plus will be at $299 with a two-year contract.

Apple is attempting to adapt to consumers' apparent preference for bigger displays with the 4.7-inch iPhone 6 screen and the 5.5 inch 6-Plus. In Asia, arch rival Samsung has long been releasing hugely popular lines of larger handsets.

Apple's products are wildly popular in China, where a teenager sold his kidney and used the funds to buy an iPhone and iPad in an incident widely reported in 2012.

Netizens have been pining for the latest iPhone model on Weibo, China's version of Twitter.   

"Take my money and take my cards, just hand me the mobile phone," one Chinese netizen posted.

"I'm getting a pay rise in September. I want to buy an iPhone 6. I don't have to sell a kidney," another added.

Beijing's Ministry of Industry and Information Technology does not list the iPhone 6 as having received government approval.

Pre-ordering in Hong Kong started on Friday, with all models unavailable within two hours. The larger iPhone 6-Plus model was sold out in less than an hour.

Apple said the devices would be available in at least 115 countries by the end of the year.

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Smartphones Ruin More Than Your Sleep — They May Also Be Destroying Your Vision

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blue light smartphone bedIf you are buying a new iPhone, don't use it in bed — and not just because nighttime smartphone use messes up your sleep cycle.

The blue light from personal electronic devices has also been linked to serious physical and mental health problems.

Blue light is part of the full light spectrum, which means we're exposed to it by the sun every day. However, nighttime exposure to that light, which is emitted at high levels by smartphones, tablets, laptops, and other LED screens, may be damaging your vision. It also suppresses production of the hormone melatonin, which throws off your body's natural sleep cues.

When your melatonin levels and sleep cycle go haywire, your risk goes up for a wide range of ailments, from depression to cancer.

Our various personal electronic devices emit blue light because it's so bright. That's the only way we can see those screens when the sun is shining. But we've started to have regular close-up nighttime exposure to this light only in the past 10 or 20 years, as a recent Gigaom story on the topic notes.

Now we're really starting to see the consequences.

Blue Light At Night

1. The damage that this habit does to our eyes alone is both significant and surprising. Direct exposure to blue light can cause damage to the retina. The American Macular Degeneration Foundation warns that retinal damage caused by blue light may lead to macular degeneration, which causes the loss of central vision — the ability to see what's in front of you.

It should be noted however, that most studies show this effect with the light being held very close to the retina, which may not exactly replicate typical phone use.

2. There may also be a link between cataracts and blue light, though more research is needed. Gigaom cited an eye doctor who says he's starting to see 35-year-olds with eyes that are as cloudy with cataracts as 75-year-olds. Though a single account can't prove that blue light exposure causes cataracts — this doctor just thinks there's a link, which doesn't count as evidence — the idea is being investigated. Still, studies haven't concluded anything certain yet.

3. Exposure to blue light at night can ruin sleep. Bright blue light disrupts the brain's production of melatonin, a hormone that helps regulate the sleep cycle. That's fine in the morning, but our brains are supposed to start producing melatonin when we are ready for sleep, and blue light interferes with that process. That's why smartphones ruin sleep, and messing with your sleep has a long list of associated health consequences that range from obesity to genetic disruption and memory problems.

4. Sleep disturbance and "light at night" have been linked to higher cancer risk, particularly for breast and prostate cancers. In addition to helping us sleep, melatonin also functions as an antioxidant. And while more research is needed, researchers have pointed to "uninterrupted darkness" as potentially protective against cancer. People whose natural melatonin production is suppressed are at a higher risk for a variety of cancers, though a causal relationship has not been found.

5. Blue light may also take a toll on mental health. Research also shows that people whose melatonin levels are suppressed and whose body clocks are thrown off by light exposure are more prone to depression.

Our Weird Relationship With Blue Light

Despite the way this may sound, it doesn't mean that blue light is bad all the time. At times, it's actually beneficial to your health.

Light tells us when to wake and when to sleep. When bright blue light sends a signal to the brain to stop producing melatonin, it also primes your brain to start production of the hormone again later — in theory while you are getting ready for bed.

Experts say that getting an hour of sunlight in the morning helps people regulate their melatonin production and sleep cycle. They recommend getting some morning light without wearing sunglasses, so light gets through the retina and reaches the pineal gland, which is what actually controls melatonin production.

That's great in the A.M., but when nighttime screen usage convinces our brains that it's morning and they shouldn't produce melatonin, that starts to wreak havoc on our bodies.

We can't avoid smartphones, computers, and tablets all the time. But we should try to limit our exposure at night. Sometimes, wearing amber glasses that block blue light or using apps that limit the amount of blue light coming from our screens may help.

Taking breaks from screentime is a good idea too – especially right before and in bed.


NOW WATCH: Why You Weigh Less In The Morning Than At Night

 

READ MORE: Your Smartphone Is Destroying Your Sleep

See also: 25 Horrible Things That Happen If You Don't Get Enough Sleep

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Behold, The Smallest Home On Planet Earth

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London tiny home

A London home being billed as the "smallest house in the world" can be yours for £275,000 ($450,000), according to The Guardian.

The modern micro-home, set in the pricey North London neighborhood of Islington, has only one room and is 188 square feet.London tiny homeThe tiny house includes a lofted bed, accessible by way of the kitchen counter, a toilet in the shower, and a platform that acts as both a living room and dining room.

London tiny home"It's possibly the smallest house in the world,"the listing agent told the Guardian. "It's just been developed and put on the market. I think it will probably sell to an investor who'll let it as a short-let on Airbnb. It's a great crash pad for the area. It's got everything a house would have and the space is cleverly used. There's storage under the raised part of the living area, a patio out the front and a window. I've been to the property and it's a really sweet house – it works."London tiny home

SEE ALSO: My Mom And I Spent 3 Days Together In A 'Tiny House'

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Cook: 'There Are Products That We're Working On That No One Knows About'

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Tim Cook

Long before Apple's mega-presentation on Tuesday, rumors foretold that the company would be presenting two new big-screened iPhones, a smartwatch, and some sort of payments system. The leaks and predictions came true. 

However, the company still has some secrets. CEO Tim Cook told Charlie Rose in a long interview on Friday that Apple has other products in the works. 

"There are products that we're working on that no one knows about," he says. "That haven't been rumored about yet."

Cook didn't go into specifics, but says that the company kicks around a lot of ideas internally.

"And part of some of those are going to come out and be blow-away, probably," he says "And some of those we'll probably decide, 'You know, that one we're going to stop.'"

One of the product categories that Cook did talk about during the Rose interview, however, was TV.

"TV is one that we continue to have great interest in," he said, explaining that he thinks that TV is "stuck back in the 70s."

SEE ALSO: Tim Cook Burns Amazon's Smartphone

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Russia, Ukraine trade blame as fighting tests truce

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A Ukranian soldier stands guard as residents rally in support of a united Ukraine in the southern city of Mariupol, on September 13, 2014

Kiev (AFP) - Tensions over Ukraine festered on Saturday after Kiev accused the Kremlin of seeking to "eliminate" the pro-Western former Soviet nation while Moscow charged Washington with orchestrating the entire crisis.

The bitter exchange in the wake of the toughest Western sanctions yet on Russia came with a fragile nine-day truce once again tested by an hours-long battle for control of a strategic eastern Ukrainian airport.

Russia further stoked tensions by sending a 220-truck convoy into rebel-held territory which it said carried aid but which was never checked by European monitors or Ukrainian soldiers at the border.

Ukrainian Prime Minister Arseniy Yatsenyuk called on world leaders not to trust Russian President Vladimir Putin despite his decision to sign Moscow up to a truce aimed at ending a five-month war that has claimed more than 2,700 lives.

Yatsenyuk accused the increasingly isolated Kremlin chief of deliberately keeping Ukraine in a state of war to create a "frozen conflict" in Russia's backyard.

"His goal is to take the entire Ukraine... He wants to eliminate Ukraine as an independent country," Yatsenyuk told an international forum in Kiev.

"He wants to restore the Soviet Union."

- 'Shoot first, ask later' -

The European-mediated peace deal that Kiev signed with Moscow and two rebel leaders has helped calm fighting across the economically vital but devastated industrial rustbelt that hugs Russia's border in eastern Ukraine.

But both the United States and Europe remain deeply suspicious of Putin's intentions and are still waiting for him to pull back 1,000 paratroopers they claim have helped insurgents claw back territory in the days preceding the truce.

Moscow not only denies backing the fighters but also accuses Washington of fomenting the February protests that ousted a pro-Kremlin leader and brought in a new team that struck an historic EU alliance and is now seeking NATO membership.

Russian Foreign Minister Sergei Lavrov took particular exception with measures that tighten existing US sanctions and for the first time target two private oil companies as well as the natural gas giant Gazprom.

Lavrov accused Washington of "trying to use the crisis in Ukraine to break economic ties between the EU and Russia and force Europe to buy US gas at much higher prices."

Russia supplies about a third of Europe's natural gas needs -- a reliance that forced Brussels to shield Gazprom from its other sanctions on state-held energy firms.

But Washington added Gazprom to the list of energy firms that will be denied access to advanced exploration equipment needed for new projects.

Top Russian banks and energy companies have also been barred from borrowing from both US and European capital markets for longer than a month.

The US punitive steps further target a giant defence firm run by a modern-day billionaire who served alongside Putin in the Soviet spy agency in the 1980s.

"These sanctions will get Putin's attention," the Eurasia Group political risk consultancy said.

"These steps change the Western approach to sanctions -- it's now 'shoot first, talk later'."

But both US and EU officials have promised to scale back or cancel the measures if Russia sticks by the ceasefire deal.

The European Union has further tried to assuage Russia by delaying until the end of 2015 the implementation of a major trade agreement with Ukraine that the two sides' parliaments Kiev intend to ratify on Tuesday.

- 'We are being killed' -

The diplomatic rhetoric was accompanied by a reported rebel attack on a Donetsk airport that they temporarily seized at the end of May with a force comprised almost entirely of Russian nationals.

"Are Russian forces trying to capture Donetsk airport?" Swedish Foreign Minister Carl Bildt asked on Twitter. "If that is the case then it's a clear Moscow violation of ceasefire agreement."

But people living around the airport seemed to point most of the blame on Ukrainian forces who had been shelling Donetsk from just outside the city in an offensive that Putin's has compared to Nazi Germany's siege of Leningrad.

"We are being killed here, simply killed," said a retired miner named Viktor Smolin while pointing to where a mortar shell tore through the roof of a block of flats.

Russia on Saturday angered Kiev still further by pushing across the Ukrainian border a massive truck convoy that it said contained food and supplies for residents of the badly-hit eastern city of Lugansk.

A top security spokesman in Kiev said the deliveries "violated customs-clearing procedures" because neither monitors from the OSCE pan-European security body nor Ukrainian border guards had a chance to inspect the cargo.

The UN World Food Programme announced on Friday that it had also begun distributing aid in the stricken regions.

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