Signals Bloomberg exec in talks to run New Corp's Dow Jones

Signals Bloomberg exec in talks to run New Corp's Dow Jones RELATED QUOTES Symbol Price Change NWSA 18.88 +0.06 TRI.TO 27.80 -0.14 APKN.PK 0.012 0.00 TRI 27.82 -0.10 (Reuters) - Rupert Murdoch's News Corp is in 'serious talks' to poach veteran Bloomberg LP executive Lex Fenwick to run its Dow Jones publishing business, which houses the Wall Street Journal, according to two people familiar with the discussions. Fenwick, who founded Bloomberg Ventures in 2008, was previously chief executive of Bloomberg LP, taking over from the company founder Michael Bloomberg in December 2001. Wall Street Journal reported news of the talks earlier on Friday. The top job at Dow Jones has been vacant since last July when then-Publisher and Chief Executive Les Hinton resigned in the wake of the phone-hacking scandal at News Corp's UK newspaper unit, which had previously run. Hinton told a UK parliamentary inquiry in 2009 that any problem with phone hacking at the company's papers was limited to one case. It was later revealed that thousands of ordinary people and celebrities had been the victims of the voice mail hacking. Hinton, who worked with News Corp for 52 years, was perhaps Murdoch's closest associate. Bloomberg and Dow Jones compete with Thomson Reuters. (Reporting By Yinka Adegoke; Editing by Steve Orlofsky)

Oil Obama seeks power to merge agencies

Oil WASHINGTON (AP) -- President Barack Obama on Friday took aim at his government's own messy bureaucracy, prodding Congress to give him greater power to merge agencies and promising he would start by collapsing six major economic departments into one. Pressing Republicans on one of their own political issues, Obama said it was time for an 'effective, lean government.' Obama wants the type of reorganizational authority last held by a president when Ronald Reagan was in office. Obama's version would be a so-called consolidation authority allowing him to propose only mergers that promise to save money and shrink government. The deal would help Obama considerably by entitling him to an up-or-down vote from Congress in 90 days. Still, final say would remain with lawmakers, both on whether to grant Obama this fast-track authority and then in deciding whether to approve any of his specific ideas. 'We can do this better,' Obama declared in an event with business owners at the White House, even presenting slides to help make his case. 'So much of the argument out there all the time is up at 40,000 feet, these abstract arguments about who's conservative or who's liberal,' Obama said. 'Most Americans — and certainly most small business owners — you guys are just trying to figure out how do we make things work, how do we apply common sense. And that's what this is about.' In an election year and a political atmosphere of tighter spending, Obama's move is about more than improving a giant bureaucracy. He is attempting to directly counter Republican arguments that he has presided over the kind of government regulation, spending and debt that can undermine the economy — a dominant theme of the emerging presidential campaign. Republicans have often aligned themselves with smaller government. So politically, Obama is trying to put the onus on Republicans in the House and Senate to show why they would be against the pursuit of leaner government. From Capitol Hill, a spokesman for Sen. Mitch McConnell of Kentucky, the top Republican in the Senate, pledged Obama's plan would get a careful review. But the spokesman, Don Stewart, also said: 'After presiding over one of the largest expansions of government in history, and a year after raising the issue in his last State of the Union, it's interesting to see the president finally acknowledge that Washington is out of control.' Obama has an imperative to deliver. He made the promise to come up with a smart reorganization of the government in his last State of the Union speech last January. At the time, Obama grabbed attention by pointing out the absurdity of government inefficiency. In what he called his favorite example, Obama said: 'The Interior Department is in charge of salmon while they're in fresh water, but the Commerce Department handles them when they're in saltwater. And I hear it gets even more complicated once they're smoked.' The White House said the problem is serious for consumers who turn to their government for help and often do not know where to begin. Not in decades has the government undergone a sustained reorganization of itself. Presidents have tried from time to time, but each part of the bureaucracy has its own defenders inside and outside the government, which can make merger ideas politically impossible. That's particularly true because 'efficiency' is often another way of saying people will lose their jobs. Obama hopes to enhance his chances by getting Congress to give him the assurance of a clean, relatively speedy vote on any of his proposals. There is no clear sign that Obama would get that cooperation. He spent much of 2011 in utter gridlock with Republicans in Congress. In the meantime, Obama announced Friday that Karen Mills, the administrator of the Small Business Administration, would be elevated to Cabinet-level rank. But her job would essentially disappear if Obama has his way. If he gets the new fast-track power to propose legislation, Obama's first project would be to combine six major operations of the government that focus on business and trade. They are: the Commerce Department's core business and trade functions; the Small Business Administration; the Office of the U.S. Trade Representative; the Export-Import Bank; the Overseas Private Investment Corporation; and the Trade and Development Agency. The goal would be one agency designed to help businesses thrive. The White House says 1,000 to 2,000 jobs would be cut, but the administration would do so through attrition; that is, as people routinely leave their jobs over time. The administration said the merger would save $3 billion over 10 years by getting rid of duplicative overhead costs, human resources divisions and programs. The name and potential secretary of the new agency have not been determined. The point, the White House says, is not just making the government smaller but better by saving people time and eliminating bureaucratic nightmares. The idea for the consolidated business agency grew out of discussions with hundreds of business leaders and agency heads over the last several months. Brendan Buck, a spokesman for House Speaker John Boehner, R-Ohio, said streamlining government was always a potentially good idea but expressed wariness about whether Obama's plan would really help business. 'American small businesses are more concerned about this administration's policies than from which building in Washington they originate,' Buck said. 'We hope the president isn't simply proposing new packaging for the same burdensome approach.' According to the White House, presidents held such a reorganizational authority for about 50 years until it ran out during Reagan's presidency in 1984. Obama has a series of other ideas about consolidating departments across the government, to be rolled out later.

Forex UYMG - Ready To Reverse Course?

Forex

UYMG has fallen from over $.01 to $.0013 and looks to be bottoming.  I think this stock could see some strong upside over the coming days and weeks.

Recent news pasted below:


On Track Technology Announces Development Of New Oil Pump System
EAST HANOVER, N.J., Aug. 27, 2012 /PRNewswire via COMTEX/ -- Unity Management Group (OTC Pink: UYMG), a business resource and service company, is pleased to announce its wholly owned subsidiary, On Track Technology Solutions Inc.(OTT), has successfully completed its prototype pumping system, which is known as the NG Pumping System. OTT has been working diligently with its engineers to complete the NG Pumping System prototype on time and on schedule. The NG Pumping System is a green energy friendly system that can work with new wells or assist in the efficiency of stripper wells.

OTT President, Eddie Schilb said, 'We believe over the next 30 to 60 days we will be applying for our patent pending and installing the prototype. This unit should reduce installation costs by 60% over a new install of traditional equipment while reducing the labor costs of installation by 50% compared to a new install of traditional equipment.' Mr. Schilb continued, 'We also believe the NG Pumping System will reduce work over cost of Maintenance/replacement pumps by 45% and reduce daily operating cost by 50%. Our NG Pumping System is a hydraulic system as opposed to the traditional equipment that is a gear unit system. The NG Pumping System also prevents noise pollution and has shown a significant impact on improving safety for workers, livestock, and landowners. We believe the market place will warmly welcome this product based on the economics alone.'

'With expected sales of 5,000 units the first year, with a cost range between $5500.00, and $77,00.00, depending on the well depth, this system could revolutionize the way Operators produce oil and gas,' said Ayo Odetunmibi Vice President and staff Engineer. With just the 340,000 stripper wells in the US, the possibilities of Services, Joint Ventures and owner operator are very large numbers. The numbers are even greater when one considers the other wells in the US.

Mr. Odetunmibi continued, 'After evaluating what structurally needs to be built out on the property, with our technology; it seems we are in the right place at the right time. We believe upon approval of the system from the governing agencies we could have a 42% margin above the cost of manufacturing.'

Unity Management Group President, Michael Oliver, said, 'As previously stated, Enhanced Oil Recovery projects have the highest financial returns in the industry. This is our primary reason for entering this market. One company estimates their economic per barrel dollar cost on these projects at current oil prices is in the mid-twenty dollar per barrel range, depending on the specific field and area. We are anxious to develop the same profit potential for our shareholders.'

Michael Oliver President of Unity Management Group, also added, 'Due to the recent acquisition of OTT, our financials were delayed, but we expect to have them complete and posted this week.'

According to the DOE (Department of Energy's website at http://www.fossil.energy.gov/programs/oilgas/marginalwells/index.html, one out of every seven barrels of oil produced in the United States comes from a stripper well. A stripper well is a well whose production has slowed to 10 barrels of oil a day or less. There are over 340,000 of these wells in the United States and together they produced 260 million of barrels of oil in 2008, enough to fuel half the jet planes flying in the United States. Many of these wells are marginally economic and at risk of being plugged, leaving significant quantities of oil remaining behind. In fact, several thousand stripper wells are plugged each year. Once a well becomes uneconomic and is plugged, any remaining oil (sometimes as much as two-thirds of the original oil) is unlikely to ever be recovered. This is because of the high cost of re-drilling the well or replacement well and installing pumping, storage and transportation facilities. Therefore, keeping stripper wells in production helps maintain a strong domestic energy supply. The Department of Energy Stripper Well Revitalization effort is committed to developing technologies to improve the performance of marginally economic wells through the Stripper Well Consortium.

About Unity Management Group, Inc.

Unity Management Group, Inc. maintains a network of contacts in the financial community. Our experience facilitates the development of relationships that may lead to financing, joint ventures and other opportunities that are so essential in this age of business and technological relationships.

Unity Management Group, a business resource company, will continue to provide innovative management services that offer high value and significant return on investment through its three subsidiary companies: Unity Capital Acquisitions, Unity Technologies Inc., and United Business Services Inc.

Unity Technologies Inc. is a complete software solutions company offering billing, electronic medical records, and electronic health records for physicians' offices and hospitals. Unity Capital Acquisitions will focus on building and accelerating growth oriented companies, with the intent of spinning them out to our shareholders as separate public companies.

For more information please go to our websites which can be found at

www.unitymanagementgroup.com / www.mcc-online.com

www.ontracktechnology.net

About On Track Technology Solutions:

On Track Technologies Solutions Inc. is a service, heavy Equipment and production company. They develop solutions through their R&D department and through the services department. They work with other service companies and are available to preform services and provide equipment to their company fields after acquisition, to third party companies for hire and for state and regulatory agencies projects. On Track combines existing technologies for production equipment, EOR equipment, treatments (chemicals, CO2, Nitrogen and mixtures) and processes to provide unique solutions and enhancements for service, hydrocarbon production, and building of structures/infrastructures. On Track Technologies Solutions Inc. may identify service and acquire energy properties with previously discovered known oil and gas reserves that have not either been fully produced, or fully developed and defined. They will accomplish this through joint venture, farm outs, acquisition, third party service fee, or other means. Such as utilizing new and existing proprietary technologies. Additionally they will be providing equipment, preform heavy equipment construction work in multiple industries, providing multiple services; depending on the need of a project. On Track believes the oil gas industry and EOR segment is a rapid booming field; On Track expects to generate profit in this field as well in other fields of operation.

On Track Technology Inc. uses multiple patent technologies for Enhanced Oil Recovery (EOR) gas treatment. We will use this patented technology with other proven EOR technology currently used in the industry. Throughout the United States there are primary depleted oil reservoirs representing billions of barrels of oil that lend themselves to the use and exploitation of Enhanced Oil Recovery and On Track Technology Inc.'s proven patented technology. Without EOR technology, these reservoirs will produce only about 20% of their Original Oil in Place. Gas injection EOR is a proven method that has been in use over the last 50 years in the oil fields of West Texas, Kansas, Oklahoma, Michigan, Wyoming and Oklahoma.

Certain information discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the Company's inability to accurately forecast its operating results; the Company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the Company's business. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Unity Management Group, Inc.Investor Relations 888-311-9891

Signals LDSI - Turning Higher?

Signals

LDSI has been in a tremendous tailspin the last two months.  The stock has seen a bevy of selling bring the stock to fresh new lows for the year.

However the last two trading session reveal a stock that may be starting to turn higher.  Today and Friday the stock was able to over comb selling pressure and post gains.  Today we had strong buying volume and the stock looks poised to break out of its two month slump.

The stock was over $.07 last month and closed today at $.0031.  We could see a sharp rally out of these oversold conditions.

Backstage Vibe(TM) Testing Features and Functionality

Marketwire   'Press Releases'
NEW YORK, NY -- (Marketwire) -- 08/20/12 --
Backstage Vibe™ (PINKSHEETS: LDSI) has created an incredibly creative and groundbreaking web platform for artists, their adoring fans, music promoters and producers. The company is currently testing all of the features and functionality to ensure that customers can't resist coming back after their initial experience.



Backstage Vibe™ promises the ultimate social music experience and has provided screenshots to showcase the streamlined and powerful functionality. The online store enables artists, music labels, and others to present and sell their products and services. The web platform provides artists with an option to create their own personal store open to the community that then feeds into a larger store open to the public.



Another exciting feature is the incorporation of SoundCloud, which will serve as an incredible resource for music integration and critical feedback, facilitate collaboration and provide ease of sales. Backstage Vibe™ will also offer a file sharing feature that will accommodate professional audio software file formats (such as ProTools files) to further optimize artists' and bands' ability to collaborate at a professional level.



These are but a few of the features and functionality already built into the web platform. As you can see from the screenshots, Backstage Vibe™ is providing artists the tools to chart their own course, whether it's promoting their art, collaborating with other artists or selling their music, goods and services.



Artists, producers, promoters, fans, and music aficionados can pre-register for the innovative social music site at www.BackstageVibes.com. Pre-registrants will receive 2 months of the service FREE when the full site goes live.



About Life Design Station International, Inc.

Life Design Station International, Inc. (LDSI) is a music-inspired corporation. The Company empowers artists, producers and other music professionals to reach millions of potential customers. Life Design Station International, through its Internet-based division, develops and directs an innovative global social platform allowing artists from the U.S. and the world to interface collaboratively in order to promote, produce and sell their musical artistry. LDSI's Backstage Vibe™ provides a leading-edge, secure and user-friendly environment for the sale, distribution and securing of world talent from one source.



Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2070780

CONTACT:
Life Design Station International, Inc.
info@backstagevibes.com

Source: Life Design Station International, Inc.