Fed aims for a 6.5% jobless rate

Six and a half percent unemployment in America would mean almost 2.1 million more people working than today. At the rate the country has been creating new jobs each month, it would take more than a year to find work for that many people.

Keep 6.5 percent in mind this week when the Federal Reserve meets Tuesday and Wednesday to talk about its efforts to push interest rates down. The hope is that the cheap cash will spur on investment leading to job creation. After all, the central bank has promised to keep its target interest rate near zero as long as more than 6.5 percent of Americans in the workforce are without work. The Fed has put other conditions on maintaining its historically low interest rate such as low inflation, but official measures remain tame. So its job growth the Fed is looking for.

It won’t have to wait long for the latest update. On Friday the first jobs report of 2013 will be released. Hiring has been a slow grind but it has been positive.

Finding work in January, though, can be tricky. Winter weather, a hangover from the holidays and seasonal work ending can slow down hiring.

It will be months, maybe even a couple of years before the U.S. unemployment rate hits 6.5 percent. There is nothing magical about that number, but as long as the Federal Reserve has it in its sights, so should we.

Tom Hudson is anchor and managing editor of Nightly Business Report, produced by NBR Worldwide and distributed nationally by American Public Television. In South Florida, the show is broadcast at 7 p.m. weekdays on Channel 2. Follow him on Twitter, @HudsonNBR.

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Broward contractor accused of accepting bribe for Florida Keys roadwork

A Pompano Beach contractor has been charged by federal authorities with bribery for accepting money to steer a state Department of Transportation contract to a subcontractor working on traffic signals in the Florida Keys, the U.S. Attorney's Office said.

Ron Capobianco Jr., 40, is charged with committing bribery in connection with programs receiving federal funds. If convicted, he could get 10 years in prison. He had his first appearance before U.S. Magistrate Judge Barry Seltzer Wednesday morning.

He is accused of accepting $4,000 for steering a $25,000 contract to a subcontractor. Prosecutors did not say who that subcontractor is or whether the subcontractor approached authorities or they approached the subcontractor.

Prosecutors say Capobianco worked as an engineering and inspection consultant at Miami's Metric Engineering Inc. DOT contracted with Metric to provide services including designing, inspecting and troubleshooting construction of roads, signs and traffic signals.

DOT considered Capobianco an expert on signalization and lighting construction, including the use of video cameras for traffic signalization and control. Prosecutors say that around 2009, DOT began its work in Marathon to improve traffic flow.

They say that around May 2009, an agent of the subcontractor offered to pay Capobianco $5,000 if the subcontractor could receive at least $25,000 to install video detection equipment. Capobianco reportedly agreed to the deal, enabling the subcontractor to make a significant profit.

The subcontractor's estimate was approved and subsequently paid by the state after the equipment was installed. Then around May 2009, Capobianco reportedly met with an agent of the subcontractor in Plantation in Broward County and was paid $4,000 in cash for his help getting the subcontractor the work.

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Amanda Seyfried Calls Mean Girls Her Best Work

Despite being fresh off an Oscar-nominated film (Les Miserables), Amanda Seyfried apparently holds a soft spot for her breakout film Mean Girls, calling it her "best work" to date.

"I was so innocent. I was so green," reflects Seyfried in an interview with Indiewire. "I still look back at Mean Girls as my best work."

Pics: Amanda Seyfried as Porn Star Lovelace

The 27-year-old star stole the show playing the lovably ditzy Karen Smith in the 2004 comedy. Interestingly enough, Seyfried had little confidence in her on-screen work at the time.

"I look back and I’m like, 'Really, I thought I was doing a terrible job.' But it was written so well and so wonderfully directed," says the actress. "Mark Waters (the director) made me look good; he made me funny. And Tina Fey wrote the coolest script of all time."

Now, quite a bit more assured in her abilities, Seyfried is gearing up to show off her chops (and much more) as '70s porn star Linda Lovelace in the new biopic Lovelace. When asked about her reservations in taking on such a risque role, the star says she felt surprisingly comfortable disrobing and simulating sexual acts on film.

Video: SJP Talks About Replacing Demi Moore in 'Lovelace'

"I don't know why I’m comfortable. Nudity: whatever! Sex: we all do it," Seyfried explains to Indiewire. "There's a time and a place to be naked. There's no part in this movie that makes me think, 'Oh, wow, she's naked.' She's a porn star! We simulated some scenes but there's no graphic content in this movie, at all. I mean the graphic stuff is when he's raping me on my wedding night. You see my skirt go up over my head when I’m being gang raped, but it's like, so perfectly done."

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Mayor Bloomberg blasted at candidates forum

William Miller

New York City mayoral hopeful Joseph Lhota at at a Thursday forum discussion.

It looks like Mayor Bloomberg is in for a very long campaign year.

The mayor got battered last night at a forum in the East New York section of Brooklyn that featured Republican contender Joe Lhota in his first appearance with other candidates.

The former MTA chairman offered carefully constructed responses to questions that focused on affordable housing before a packed audience at the St. Paul Community Baptist Church.

But most of his Democratic rivals, as well as Republican hopeful Tom Allon, unloaded at just about every opportunity at Bloomberg.

"It's quite possible Mayor Bloomberg does not know what mold is," mocked Comptroller John Liu when the questioning turned to the city's response to super-storm Sandy.

All six candidates agreed the city hasn't done enough to help residents still struggling to recover.

"This is a city administration that wanted to run a marathon while people were just moving into shelters and unfortunately bodies were still being found," said former Comptroller Bill Thompson.

City Council Speaker Christine Quinn, who is closest the the mayor of all those running, said mold removal should have been included in the "rapid repairs" program initiated by the city after a homeowner from Gerritsen Beach said hundreds of homes there might be lost due to spreading contamination.

Bloomberg has said that he doesn't intend to respond to every single issue raised by his would-be successors.

But Deputy Mayor Howard Wolfson felt compelled to tweet last night, "Reality check-- Bloomberg at 65-23 (per cent in polls) on Hurricane Sandy performance."

The harshest attacks on the mayor came during a discussion of the Housing Authority and its embattled chairman, John Rhea.

Public Advocate Bill de Blasio charged that the agency can't function well "if the mayor doesn't care about people who live in public housing. There's an old colorful Sicilian expression that says the head stinks from the head down."

Longshot GOP hopeful Tom Allon went him one better by describing Rhea as the "Cathie Black" of housing, a stinging reference to the schools chancellor appointed by the mayor who lasted 96 days.

There's not much political downside for the Democratic candidates hammering away at Bloomberg before the primary, where the electorate tends to lean to the left and the mayor is an easy target.

The one place where Bloomberg got some credit was his ambitious program to build or rehabilitate 165,000 housing units before he leaves office, the largest such project in the nation.

Every candidate pledged to keep that pace of 15,000 added apartments a year. None explained how they'd paid for them.

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Lennar design accommodates multigenerational families

In some cases, it may be Grandma moving in with the family. Other times, it may be a recent college graduate returning to the nest.

For all sorts of reasons — financial, medical, personal — a rising number of Americans are moving into extended family households.

Spotting a niche in the growing trend, Lennar Corp. has launched a new concept tailor-made for multigenerational family living.

It’s basically a house within a house: a smaller living unit next to the main home designed to provide independence but also access to the rest of the family household.

“People are really loving the whole concept,” said Carlos Gonzalez, president of the southeast Florida division of Lennar, a Miami-based home-building giant. “We adapted to the market from a design standpoint.”

In Miami-Dade County, Lennar is selling various versions of multigenerational homes in three new developments in Doral, Kendall and Homestead.

Louis Moreno of Kendall and his wife, Danilza Velez, signed a contract for a large NextGen home in The Vineyards development in Homestead last October — even before the models had been built.

“We loved it,” said Moreno, a 45-year-old engineer.

Moreno said his mother-in-law will be able to use the new suite when she visits, as will his family members who frequently come to town from Puerto Rico. “This will provide them with more comfortable space and more privacy,” he said. He also plans to use it as a game room and entertainment area.

The two-story Zinfandel home Moreno picked has three bedrooms and 2 1/2 bathrooms in the main home with a family room and two-car garage. In addition, it has an ample 789-square-foot suite with two bedrooms, a bathroom and a kitchenette. The suite has its own garage, a separate front entrance and an internal door connecting to the main home.

The Zinfandel, which has 2,249 square feet of air-conditioned space in the main house, starts at $283,990 in the Homestead community at 128 SE 28th Ter., but a similar home in Kendall would run about $100,000 more, primarily because of higher land costs, Fernandez said. (In Doral, there is a NextGen home priced at $677,990.)

Some multigenerational models have suites as small as 489 square feet, but all have a separate entrance, a bedroom, a bathroom and some sort of kitchen space.

The idea takes various shapes. One option at the Kendall Square development at 16950 SW 90th St. is a Granny unit above a detached garage.

“Independence is the key word,” said Frank Fernandez, director of sales and marketing for the southeast Florida division.

Depending on local zoning rules, some homes can have full kitchens, others are restricted to kitchenettes with a microwave but no stove. Similarly, some municipalities permit the space to be used as a rental, others prohibit it.

The choice is proving popular. Fernandez said in The Vineyards development in Homestead, 10 of the 14 homes sold to date are NextGen. At Kendall Square, 35 of 107 sales are multigenerational, and at the Isles at Grand Bay development at 11301 NW 74th Street in Doral, five of 48 houses are.

Adapting homes for special needs, such as wheelchairs and safety railings, is done at cost, Fernandez said: “That is company policy.”

As one of the nation’s largest home builders, Lennar has been rebounding strongly from the housing crash. Last week, the builder, whose shares trade on the New York Stock Exchange, posted better than expected earnings for the fourth quarter and fiscal year ended Nov. 30, 2012.

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Nevin Shapiro’s lawyer said she did nothing wrong

Maria Elena Perez — the Miami criminal defense attorney for convicted Ponzi schemer and former University of Miami booster Nevin Shapiro — was thrust Wednesday into the harsh spotlight of the NCAA’s probe of UM’s athletic program.

“I haven’t broken any rules,” Perez, a 2000 UM law school graduate, told The Miami Herald. “I haven’t done anything wrong.”

The NCAA acknowledged that its enforcement officers “improperly” obtained information by working too closely with Perez, whose client instigated the NCAA probe that has been going on for two years.

In saying so, the NCAA has, in effect, made her a part of the UM investigation.

Perez became Shapiro’s criminal defense lawyer soon after he was charged in April 2010 with orchestrating a $930 million investment scam. Shapiro, who used a portion of that money to make donations to UM and buy gifts for many of its star football players, would plead guilty to securities fraud and other charges. He was sentenced to 20 years in prison.

At the same time, Shapiro’s investment victims forced his Miami Beach-based company, Capitol Investments USA, Inc., into bankruptcy with a goal toward recovering millions of dollars in losses.

But Perez told The Herald she used the bankruptcy case for a different purpose: to gather evidence from major witnesses who might help her seek a lower prison sentence for Shapiro.

“I was exercising my due diligence as Nevin Shapiro’s criminal defense attorney,” she said.

Toward that end, she subpoenaed Sean Allen, a UM graduate and former assistant equipment manager for the Hurricanes’ football team, who worked briefly for Shapiro’s sports agency and later for the businessman himself. She also subpoenaed Jacksonville lawyer Michael Huyghue, who founded the sports agency and brought in Shapiro as a partner, who invested $1.5 million.

The NCAA investigators did not have the power to subpoena either man. But Perez did, as Shapiro’s lawyer.

After Perez grilled both men under oath, she shared the depositions with the NCAA, which says it paid her for those legal services.

That’s the crux of the problem: The NCAA now admits that its investigation is tainted by those two depositions — because the information was “improperly” obtained. So it has now ordered up an investigation of its investigation.

This was not her intention at all, Perez said.

“This was for Nevin Shapiro’s criminal case,” said Perez, who joined the Florida Bar in 2001 but has no disciplinary history. She pointed out that depositions are open to the public. Anybody, including the NCAA, could have gotten them as a public record.

While no NCAA enforcement officer attended her depositions, one official from the association did show up for other depositions taken by Miami lawyer Gary Freedman, the lead attorney for the trustee in Shapiro’s bankruptcy case.

NCAA official Michael Zonder sat in on the October 2012 deposition of civil attorney Marc Levinson, of the Miami firm Shook, Hardy & Bacon. Levinson had represented Shapiro in his investment in the sports agency known as Axcess, and in his other business affairs.

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Sony fined in UK over PlayStation cyberattack

LONDON (AP) — British regulators have fined Sony 250,000 pounds ($ 396,100) for failing to prevent a 2011 cyberattack on its PlayStation Network which put millions of users’ personal information — including names, addresses, birth dates and account passwords — at risk.

Britain’s Information Commissioner’s Office said Thursday that security measures in place at the time “were simply not good enough.” It said the attack could have been prevented if software had been up to date, while passwords were also not secure.

David Smith, deputy commissioner and director of data protection, acknowledged that the fine for a “serious breach of the Data Protection Act” was “clearly substantial” but said that the office makes “no apologies” for that.

“There’s no disguising that this is a business that should have known better,” he said in a statement. “It is a company that trades on its technical expertise, and there’s no doubt in my mind that they had access to both the technical knowledge and the resources to keep this information safe.”

Smith called the case “one of the most serious ever reported” to the data regulator.

Sony, which has previously apologized for the data breach, said Thursday it “strongly disagrees” with the ruling and plans to appeal.

David Wilson, a spokesman for Sony Computer Entertainment Europe Ltd., said the company noted that the ICO recognized that Sony was the victim of a criminal attack and that there is no evidence payment card details were accessed.

“Criminal attacks on electronic networks are a real and growing aspect of 21st century life and Sony continually works to strengthen our systems, building in multiple layers of defense and working to make our networks safe, secure and resilient,” he said in a statement.

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Cassandra Vinograd can be reached at http://twitter.com/CassVinograd

Gaming News Headlines – Yahoo! News

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Ashton Kutcher Becomes Steve Jobs

Ashton Kutcher takes on the role of a lifetime in JOBS, and we have your first look at the movie.

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In the clip, Jobs (played by Ashton Kutcher) is raving about the operating system that Apple co-founder Steve Wozniak (played by Josh Gad) created. While Jobs is certain that this will become a ubiquitous product for mass consumption, Wozniak needs convincing.

"Nobody wants to buy a computer," says Wozniak.

"How does somebody know what they want if they've never even seen it?" Jobs replies.

RELATED: Ashton Kutcher to Play Steve Jobs

Steve Jobs lost his battle with pancreatic cancer at the age of 56 in October 2011 and as April 2013 marks the 37th anniversary of the founding of the Apple Computer Company, Open Road Films has decided to release JOBS on April 19.

Directed by Joshua Michael Stern, written by Matthew Whitely, shot by Oscar-winning cinematographer Russell Carpenter and produced by Mark Hulme, JOBS details the major moments and defining characters that influenced Steve Jobs on a daily basis from 1971 through 2001, according to a press release.

JOBS also co-stars Dermot Mulroney, Lukas Haas, J.K. Simmons and Matthew Modine.

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It’s plenty of 20 – plus flurries

When they say it’s “too cold to snow,” don’t believe them. A dusting of 1 to 2 inches is expected when snow showers develop tomorrow afternoon and continue into the evening.

Before that we’ll get more struggling sunshine today, with temperatures peaking at 21 degrees — but icy winds feeling like only 2 degrees. Tonight’s low temperature will be about 13, forecasters said.

Tomorrow’s temps should be more of the same, with a high around 22 degrees.

The weekend will be warmer, but just a bit. Saturday’s high is expected to be 24 and Sunday’s will be 27.

Don’t expect relief until next week. Forecasters say temps will finally go above freezing and hit 36 on Monday, 40 on Tuesday and a positively balmy 48 onWednesday. Andy Soltis

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Miami Dolphins slam Norman Braman, Marlins Park deal

The Miami Dolphins ramped up their public campaign for a tax-funded stadium renovation this week, buying full-page ads against their top critic and trying to distance the plan from the unpopular Marlins deal.

The team bought an ad in Tuesday’s Miami Herald and El Nuevo Herald knocking auto magnate Norman Braman’s criticism of the Sun Life Stadium deal, which would have Florida and Miami-Dade split the costs with owner Stephen Ross for a $400 million renovation. The Dolphins would pay at least $201 million, with taxpayers using state funds and a higher Miami-Dade hotel tax to pay $199 million.

In a fact sheet sent to media Tuesday morning, the Dolphins listed ways their deal differs from the 2009 Marlins deal. First: Ross, a billionaire real estate developer, would use private dollars to fund at least 51 percent of the Sun Life effort, compared to less than 25 percent from Marlins owner Jeff Loria. Second, Sun Life helps the economy more than the Marlins park does.

“Just because the Marlins did a bad deal doesn’t mean we should oppose a good deal where at least a majority of the cost is paid from private sources and more than 4,000 local jobs are created during construction alone,” the fact sheet states. And while the Dolphins’ Miami Gardens stadium has hosted two Super Bowls since 2007 and is in the running for the 2016 game, “Marlins Stadium does not generate the ability to attract world-class sports events -- other than a World Series from time to time depending on the success of the team.”

NFL teams play eight home games a year if they don’t make the playoffs, while baseball teams have 81.

Miami and Miami-Dade built the Marlins a $640 million stadium at the site of the Dolphins’ old home at the Orange Bowl in Little Havana. The Marlins contributed about $120 million and agreed to pay between $2.5 million and $4.9 million a year for 35 years to pay back $35 million of debt the county borrowed for the stadium. As a publicly owned stadium, the Marlins ballpark pays no property taxes. Most of the public money came from Miami-Dade hotel taxes, along with $50 million of debt tied to the county’s general fund.

Sun Life is privately owned and pays $3 million a year in property taxes to Miami-Dade. It currently receives $2 million a year from Florida’ s stadium program, a subsidy tied to converting the football venue to baseball in the 1990s when the Marlins played there. The Dolphins also paid for a second full-page ad with quotes from leading hoteliers in Miami-Dade endorsing the stadium plan. Among them: Donald Trump, whose company recently purchased the Doral golf resort. “Steve Ross’ commitment to modernize Sun Life Stadium -- while covering most of the construction costs -- is the right thing for Miami-Dade,’’ the ad quotes Trump as saying.

Also on Tuesday, Ross and team CEO Mike Dee sent a letter to Miami-Dade Mayor Carlos Gimenez and county commissioners requesting negotiations over the stadium deal. The letter said the deal Ross unveiled last week is a “baseline for debate” and asked for talks. The letter also urged the commission to adopt a resolution proposed by Commissioner Barbara Jordan endorsing the state bill that would allow taxes for Sun Life. The resolution is on the agenda for Wednesday’s commission meeting.

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