ROUGH RIDER USS THEODORE ROOSEVELT (CVN 71)
THURSDAY EDITION
NAVIGATION THEN AND NOW
SAILOR 2.0 plastic waste
BY THE NUMBERS SUPPLY S-3
AUGUST 20, 2015
ARABIAN GULF (August 19, 2015) An Aerospatiale SA 330 Puma helicopter transports supplies to the aircraft carrier USS Theodore Roosevelt (CVN 71) during a replenishment-at-sea with the Military Sealift Command fleet replenishment oiler USNS Patuxent (T-AO 201), the Military Sealift Command dry cargo and ammunition ship USNS Carl Brashear (T-AKE 7) and the guided-missile cruiser USS Normandy (CG 60). (U.S. Navy photo by Mass Communication Specialist 3rd Class Anna Van Nuys/Released)
by MC3 Jennifer Case
navigation then and now W
eary eyes gaze over the dreary haze gray creeping over an expanse of empty blue. Standing watch on the bridge, staring out onto this barren scene they are able to perceive a wealth of underwater topography, ghostly artifacts resting on the seabed and all manner of life floating, swimming and sailing nearby. They can define the ship’s location, identify nearby landmarks and passersby. “I love my job, I get to stand here navigating the ship and have this beautiful view on the bridge, it’s a wonderful experience,” said Quartermaster 2nd Class Christopher Lewis. “I enjoy everything I do. You could say QMs drive the ship, so I could say I drove the aircraft carrier during flight ops and in and out of port.” Navigation department’s quartermasters aboard the aircraft carrier USS Theodore Roosevelt (CVN 71) combine traditional forms of navigation with new technologies to help ensure the ship is where it matters when it matters. “The most important input, I think, is GPS [global positioning system]. It gives us a picture of where we are anytime, anywhere. Voyage Management System (VMS) shows where the ship is and where the ship is headed,” said Quartermaster 2nd Class Meghan Carter. “That’s our main navigation tool now. We are required to use it as our primary source of navigation. If I am going to give the OOD [officer of the deck] any info it has to come from VMS.” Piloting the ship requires QMs to collect, process and disseminate geographic information to the OOD for safe transit. “Using VMS alleviates a lot of the stress when going through strenuous areas because you can see exactly where you are,” said Carter. “The paper chart represents where you were, not where you are, so you have to rely on past information. So that makes it a little stressful.”
VMS also supports accountability and procedure. The supplemental system also reduces the likelihood of human error. “We are a direct representative of the navigator,” said Carter. “On the bridge we assist the OOD with our plan of intended movement and course and speed recommendations.” Quartermasters still employ the more traditional approach of measuring and tracking observable atmospheric elements and celestial bodies. “I have been on sea duty for five years, so I like to do the celestial stuff because that is not something we usually do every day,” said Carter. “I love that stuff. It blows my mind to think about how they figured out how to use the sun and the stars to navigate. We still use the Nautical Almanac to compute sunrise and sunset, moonrise and moonset.” The Nautical Almanac is a publication describing the positions of celestial bodies to assist navigators in determining their position. “We do a daily azimuth, the difference between true and magnetic north, to get our gyrocompass error,” said Lewis. “We put a bearing circle on the gyrocompass repeater to reflect sunlight onto the repeater to get a bearing to the sun.” Predetermined functional zones ensure safe navigation. These designated safe zones, or operating boxes, are where TR can most efficiently execute her mission. “Canal transit and pulling in and out of port can be stressful,” said Lewis. “Our navigation team is really knowledgeable. Our senior chief and our LPO [leading petty officer] they have done this a thousand times, so there isn’t too much stress. Our team is really experienced, we make it look easy.” The frothy wake of where quartermasters have been is plain to see, but what lies over the horizon remains to be seen.
Numbers
The Big Sip Most Popular:
Caramel Macciato & White Mocha
Sold about
$500,000
Over
33,000
H
air Cuts
since
The Begining of Deployment
Barber Shop
S-3
by the
since
Washed Over since
The Begining of Deployment
44,600 Bags
of
Laundry
Processed
Ship’s Laundry
The Begining of Deployment
2 Million Pounds
S-3 Sold 82,770
Snickers
Peanut M&M’s
To Stock
Reese’s Peanut Butter Cups 25,468
Dorito Tapatio 11,669
The Ship’s Store, Vending Machines and the Coffee Shop
60,479
1.5 Million Dollars Spent
56,479
Twix
Since May 28th
Sailor 2.0 by: MC3 Taylor Stinson
“from our homes to our workplaces,
schools, supermarkets, shopping centers and places in between, plastic is everywhere. But what happens to all that plastic when it reaches the end of its useful life? Some is recycled, while the rest ends up in landfills, incinerators and the environment. A new report by the United Nations Environment Program -- Valuing Plastic: The Business Case for Measuring, Managing and Disclosing Plastic Use in the Consumer Goods Industry -- encourages us all to take a more holistic and sustainable look at this most ubiquitous of materials.”
20% IN THE U.S. ALONE:
51 BILLION BOTTLES ARE USED YEARLY...
CANADA, U.S., AND MEXICO PRODUCE 20% OF THE WORLD’S PLASTIC WASTE.
BUT Only 1 in 5 are recycled
2012 international coastal cleanup 2,117,931 1,140,222 1,065,171 1,019,902 958,893
cigarettes food wrappers/containers plastic beverage bottles plastic bags caps/lids
692,767 611,048 521,730 339,875 298,332
cups/plastic/cutlery straws/stirrers glass beverage bottles beverage cans paper bags
top 10 trash found in the ocean
plastic waste how much do we consume on deployment?
50
PUCKS ARE PRODUCED EVERY DAY. EACH PUCK IS THE EQUIVALENT OF 2 BAGS OF PLASTIC
EACH MACHINE CAN PRODUCE 100 PUCKS PER WEEK. WITH 3/5 OF THE MACHINES WORKING, WE ARE PRODUCING 300 PUCKS PER WEEK
it’s just plastic. What’s the big deal? PLASTIC IN THE OCEAN WON’T BREAK DOWN FOR
600 YEARS
it’s up to you to save our ocean. Sources: UNEP (2014) Valuing Plastic: The Business Case for Measuring, Managing and Disclosing Plastic Use in the Consumer Goods Industry Infographic by Anna Egelhoff | Copy by Todd Reubold International Coastal Cleanup 2012, OCean Conservancy http://www.greenfacts.org/en/fisheries/I-2/06-dish-consumption.htm http://www.oceanconservancy.org/news-room/marine-debris/new-data-shows-what-trash-is.html
midnight in New York F R O M T H E PA G E S O F
WEDNESDAY, AUGUST 19, 2015
© 2015 The New York Times
FROM THE PAGES OF
Inflation Robs Russians of Buying Power UPSTARTS RAIDING GIANTS FOR STAFF IN SILICON VALLEY
RAMENSKOYE, Russia — A basic barometer of economic activity in this town south of Moscow is the pirozhok, a small pie filled with cabbage and meat that is a staple of the Russian diet. In good times they sell briskly, but sales are down by almost half, a gloomy reflection of Russia’s economic slump. “There were just physically fewer people,” said Irina A. Safonova, the shop’s owner. “We used to have lines. Now look at it.” Russians are experiencing the first sustained decline in living standards in the 15 years since President Vladimir V. Putin came to power. The ruble has fallen by half against the dollar, driven by the plunging price of oil. As a result, prices of imported goods have shot up. Making matters worse are the retaliatory bans that Russia placed on food imports after the United States and the European Union imposed sanctions for its actions in Ukraine. Russians are paying a third more for sunflower oil, a fifth more for yogurt and three-quar-
ters more for carrots compared with a year ago, according to government statistics. Inflation has reduced the purchasing power of Russian wages by more than 8 percent in the second quarter, according to figures published by Russia’s Central Bank at the end of July. And the economy contracted by a steep 4.6 percent in the second quarter, compared with last year, and officially entered its first recession since 2009. “It’s horrible,” said Elena Shcherbakova, a 47-year-old shoe saleswoman whose income, based in part on commissions, has fallen nearly a third since last year. She says she now shops at discount supermarkets. It is not clear what, if anything, this means for Putin, but the trouble pales in comparison with the turbulent 1990s, when wages fell by nearly half. In a draft budget released in July, the Ministry of Finance proposed halting the practice of raising pensions to keep up with inflation. Investment has collapsed since the Western sanctions,
which also blocked Russia’s ability to borrow on global markets. “They have no way out,” said Sergei Guriev, a professor of economics at Sciences Po in Paris. “Unless oil prices go up, they are really looking at a dead end.” Putin’s opponents argue that the nationalist talk washing over Russia is being projected by the government to distract attention from the fragile economic situation. They describe it as a battle in every Russian home between the television (the source of government propaganda) and the refrigerator (whose shrinking contents could eventually prompt discontent). In Moscow, some in the educated upper classes agree. “All that Ukrainian noise covers up our internal problems,” said Maria Novychkova, a manager in a textile company. Her company has put employees on four-day workweeks. She cannot afford to vacation abroad because of the weak ruble. “He says we are an ideal country, but we are not,” she said, referring to Putin. SABRINA TAVERNISE
Trump Paints G.O.P. in Corner on Immigration Republicans thought they had learned a lesson after 2012: Turning off Latino voters ensures defeat in the general election. But as the candidacy of Donald J. Trump continues to gain support, his hard line on immigration has driven rivals to match his biting anti-immigrant language and positions long considered extreme. It risks another general election cycle in which Hispanics view the party as unfriendly no matter who the nominee is, Republican strategists warned. This week, several of Trump’s Republican rivals, including Gov. Scott Walker of Wisconsin, echoed his call to end automatic citizenship for the American-born children of undocumented immigrants, repealing a constitutional right dating from the Civil War. And Trump’s plan for mass deportations, which is supported by a sizable minority of Republican
voters nationwide, has encouraged rivals to similarly push the edges on immigration. Gov. Bobby Jindal of Louisiana said that mayors of sanctuary cities — where local law enforcement officials decline to cooperate in federal deportations — should be arrested as accomplices when illegal immigrants commit felonies. National Republican strategists warn that catering to the most hard-line voters on immigration in the nominating contest will hurt the party in the general election, as it did for the 2012 nominee, Mitt Romney, who endorsed “self-deportation” for illegal immigrants and attracted historically low Latino support. Demographics suggest Republicans have an even bigger challenge with Latinos in 2016 than in previous elections. The number of Latino voters has grown rapidly.
The population of Latinos eligible to vote by 2016 is expected to increase by 18 percent over 2012 to about 28 million people, more than 11 percent of voters nationwide, according to projections by the National Association of Latino Elected and Appointed Officials, a nonpartisan organization. Perhaps the most difficult issue for the Republican Party is Trump’s call not only to deport all illegal immigrants, but also young people who came to this country as children and have received protections though executive actions by President Obama. “We have to keep the families together, but they have to go,” Trump said on “Meet the Press” in an interview aboard his jet at the Des Moines airport. It is an issue that other Republicans until now have tried to duck, focusing on securing the southern border. TRIP GABRIEL and JULIA PRESTON
For the last year, Google’s work force has increasingly been under attack from a herd of unicorns. The unicorns, a class of hot startups valued at $1 billion or more, are all pursuing the best and brightest minds in Silicon Valley with promises of eye-popping payouts. Google has undergone raids from unicorns for engineers who specialize in crucial technologies like mapping. In particular, Uber — with a valuation of more than $50 billion — has plundered Google’s mapping unit, aiming to bolster its own map research. Airbnb, the popular shortterm rental start-up, has gone on a more general hiring spree, poaching more than 100 workers. “It’s an employee’s market right now,” said Rodrigo Ipince, 28, a software engineer who left Google and was pursued by unicorns, but chose to join a mobile gaming video startup, Kamcord. Recruiting battles are a perennial tale in Silicon Valley. The difference is the scale of the talent clashes, with a growing number of young companies jumping into the fight, boasting fat war chests and claiming $1 billion-plus valuations. There are more than 124 unicorn companies, according to CB Insights, a research firm. While the unicorns pick off small groups of engineers at a time, making little impression on a large company’s total employee numbers, the poaching attacks are often aimed at siphoning off the best talent in strategic technologies. That can sting the likes of a Google, where executives have said one skilled engineer can be worth many times the average. To snag employees from large rivals, unicorns have a simple recruiting pitch: They are on a path to success, as illustrated by their rising valuations. Many offer generous equity packages of restricted stock units that can later translate to big paydays for employees if the unicorn goes public or is sold — a lure that neither Google nor any other public tech company can dangle. MIKE ISAAC
INTERNATIONAL
WEDNESDAY, AUGUST 19, 2015
2
A Palestinian Prisoner’s Refusal to Eat Puts Israel in a Bind JERUSALEM — A single Palestinian prisoner’s determination to starve himself to death unless he is freed is flummoxing Israel’s legal, medical, political and security systems. The prisoner, Mohammad Allan, a 31-year-old lawyer and Islamic Jihad member who has not eaten since June 16, regained consciousness on Tuesday, after four days on a ventilator and receiving fluids, salts and potassium. On Wednesday, Israel’s Supreme Court will consider his demand for immediate release. The case has received extraordinary attention because it unfolded as Israel narrowly passed a law last month allowing the force-feeding of hunger strikers.
Supporters of Mohammed Allan, rallying Sunday outside his hospital in southern Israel. ARIEL SCHALIT/ASSOCIATED PRESS
The law itself is fraught with complexity that makes it difficult to apply and, according to several experts on bioethics, was unnecessary because Israel already allows the treatment of competent patients against their will. Conservative ministers pushed the law as essential to prevent Israel from being held hostage by
hunger strikers, and to prevent an outbreak of Palestinian violence should Allan die trying. Instead, the debate has underscored how Israel has been stymied by nonviolent resistance efforts like the mounting cultural, academic and economic boycott movement. “It’s much more difficult to fight the war of images and mes-
sages and pictures than to fight in the war zone itself,” said Yoaz Hendel, a right-leaning Israeli commentator who supported the force-feeding law. “It’s a very serious dilemma — it’s between bad and worse.” Mouin Rabbani, a senior fellow at the Institute for Palestine Studies, said hunger strikes have been effective because so many Palestinians have family members who have been imprisoned in Israel. “They recognize it could be their son or daughter — for that reason it has a very strong mobilizing capacity among Palestinians, and that’s something immediately recognizable for Israel,” Rabbani said. JODI RUDOREN and DIAA HADID
Fear and Distrust Book Ban in Venice Ignites a Gay Rights Battle VENICE — As subversive librarian associations — he whit- Italy’s lack of legal recognition of Follow Explosions books same-sex couples was a human go, many of the 49 children’s tled his list to just two.
BEIJING — Within minutes of the chemical explosions that sent apocalyptic fireballs into the night sky over Tianjin, Zhou Haisen, 23, was making arrangements to leave town. He was terrified that poisonous gases would reach his apartment six miles from the scene, and his fears were swiftly reinforced by posts on Chinese social media. So he and his parents fled to his grandmother’s house an hour’s drive away. Since last Wednesday’s accident, which killed at least 114 people and injured more than 700, the government has insisted that effective measures are being taken to ensure that the air in Tianjin remains safe. But when rain fell on Tuesday, the streets began to foam, and people reported burning sensations on their lips. Just as the military cleanup crews have been unable to extinguish the smoldering fire at the port facility in Tianjin, the Chinese authorities have struggled to contain mounting public anger. The nation has watched as government censors deleted online investigative reports, erased microblog posts and abruptly cut off a nationally televised news conference after local officials appeared unwilling to answer even basic questions. “They are definitely trying to cover it up,” said Yuan Ping, 30, a telecommunications worker whose apartment was damaged in the explosions. DAN LEVIN
tales hardly seem seditious. There is the story of the male dog who aspired to be a ballerina. The one about the little boy who wanted to be a princess, and a princess who wanted to be a soccer player. The tale of the penguin egg hatched and adopted by two male penguins. Yet one of the first formal acts of Venice’s new conservative mayor, Luigi Brugnaro, was to announce that he would ban them from the city’s preschool libraries. After an outcry — from residents, authors, publishers and
The two banned books touch on same-sex families living happily ever after. It only inflamed matters further when some national news outlets referred to the titles as “gay fairy tales.” Despite years of lobbying and chiding by human rights organizations and interest groups, Italy has struggled to pass laws condemning homophobia. It is still one of the few major European countries that does not legally recognize same-sex unions. Last month, the European Court of Human Rights ruled that
rights violation. For some, Venice’s book ban was the latest example of an Italy still struggling to transform itself into an increasingly multicultural and multifaceted society. “This incident says so much about this country,” said Camilla Seibezzi, the council member for civil rights in Venice’s previous administration who promoted the books starting 18 months ago. She quickly became the object of death threats and protest marches organized by right-wing groups. ELISABETTA POVOLEDO
In Brief Man Seen Leaving Site of Blast The Thai authorities on Tuesday said they were pursuing a man captured on video before the bombing of a religious shrine in Bangkok the night before, an attack that killed at least 20 people, many of them tourists. Security footage showed the man at the Erawan Shrine taking off his backpack and leaving it under a bench. The footage and other images, which were widely shared on social media, showed the man wearing a bright yellow shirt. The police described the man as a potential suspect based on analysis of more than a dozen security cameras in the area. Lt. Gen. Prawut Thavornsiri, a spokesman for the Thai national police, said the bomb detonated several minutes after the suspect departed on a motorcycle taxi. (NYT)
Sri Lanka Rejects Ex-President Sri Lankan voters decisively rejected former President Mahinda Rajapaksa’s comeback bid,
election results showed on Tuesday, leaving this island nation firmly in the hands of officials intent on dismantling most of his policies and completing corruption inquiries that have been closing in on him and his family. The election, held peacefully on Monday with high voter turnout, determined the makeup of Sri Lanka’s 225-member Parliament. As expected, Rajapaksa easily won a seat in the chamber. (NYT)
‘Vaccine Hesitancy’ a Concern The World Health Organization warned Tuesday of what it called the growing problem of “vaccine hesitancy,” when people delay or refuse vaccines for themselves or their children. In a statement on its website, the organization called the problem “a growing challenge for countries seeking to close the immunization gap.” Globally, the organization said, one in five children still do not receive routine lifesaving immunizations, and 1.5 million children die each year of diseases that could have been thwarted by vaccines. (NYT)
WEDNESDAY, AUGUST 19, 2015 3
NATIONAL
In Quiet Woods, a Clamorous Gun Debate SARATOGA SPRINGS, Utah — As a lover of ancient rock art, Steve Acerson usually roams Utah’s backcountry searching for images of hunters and rams carved on boulders and canyon walls. But one morning, on a hillside speckled with prehistoric petroglyphs, he found signs of a younger civilization: Shotgun shells. Bullets. Shredded juniper trees. Exploded cans of spray paint. “It’s all been shot,” he said. “It’s just destroying everything.” As growing numbers of hikers and backpackers flood national forests and backcountry trails searching for solitude, they are clashing with recreational target shooters, out for the weekend to plug rounds into trees, targets and mountainsides. Hiking groups and conservationists say policies that broadly allow shooting and a scarcity of enforcement officers have turned many national forests and millions of Western acres run by the
Dave Joseph, left, and Casey, his son, set up for target shooting this month on lands held by the Utah School and Institutional Trust Lands Administration. KIM RAFF FOR THE NEW YORK TIMES
Bureau of Land Management into free-fire zones. People complain about finding shot-up couches and cars deep in forests, or of being pinned down by gunfire where a hiking or biking trail crosses a makeshift target range. Over the Fourth of July weekend in Pike National Forest in Colorado, a 60-year-old camper preparing to make s’mores with his grandchildren was killed when a stray bullet arced into his campsite. The camper, Glenn Martin, said “ow,” his daughter said, and when his family ran to help him,
there was a hole in his shirt and blood pouring from his mouth. “A war zone,” said Paul Magnuson, who owns a cycle shop in Woodland Park, Colo., and rides mountain bikes in the same forest where Martin died. His customers have complained about bullets whistling overhead, and Magnuson said he had gotten used to yelling out to alert target shooters that he was coming. “Every time in the woods, you feared for your life,” he said. “It was absolutely, completely out of hand.” JACK HEALY
Obama Proposes Reductions to Methane Emissions WASHINGTON — The Obama administration on Tuesday proposed the first federal regulations requiring the nation’s oil and gas industry to cut emissions of methane as part of an aggressive effort to combat climate change. Janet McCabe, the Environmental Protection Agency’s acting assistant administrator for the Office of Air and Radiation, said the rules were designed to ensure that oil and gas companies reduced waste and sold more gas that would otherwise be lost. McCabe estimated that the proposals would cost the industry up to $420 million to carry out by 2025, but that there would be sav-
ings, including reduced waste, of as much as $550 million during that period, bringing a net benefit of as much as $150 million. The new rules are part of a broad push by the Obama administration to cut emissions of planet-warming gases from different sectors of the economy. This month, Obama unveiled a final regulation meant to cut emissions of carbon dioxide by 32 percent from 2005 levels by 2030 and increase to 28 percent the proportion of the nation’s electricity generated by renewable sources. Those rules, if they withstand legal challenges, would transform the nation’s energy sector.
Reducing methane is an important part of the administration’s strategy, because methane is 25 times more powerful than carbon dioxide in trapping heat. The administration has set a goal of reducing methane emissions by 40 to 45 percent from 2012 levels by 2025. The latest proposed regulations are expected to reduce methane emissions by 20 to 30 percent, McCabe said, getting the administration about halfway to its overall methane reduction target. She declined to say how the administration intended to get all the way to its goal. GARDINER HARRIS and CORAL DAVENPORT
Poll Finds Most Support Providing Healthy School Meals WASHINGTON — A majority of Americans support providing schoolchildren with healthy meals that consist of more fruits and vegetables and fewer foods high in calories and sodium, according to a national poll released on Tuesday by the W. K. Kellogg Foundation. According to the poll, 86 percent of Americans support nutritional standards required by legislation signed in 2010 by President
Obama, requiring schools to update their nutritional standards. Two-thirds of Americans say the nutritional quality of food served in public school cafeterias is excellent or good, which is up from 26 percent when a similar poll was conducted in 2010, before the new standards were adopted. And 93 percent of those surveyed believe that it is very important or somewhat important to serve nutritious foods in schools
to support children’s health and capacity to learn. The survey comes as supporters and opponents of the school nutritional standards fight over the cost of providing healthier foods. Reauthorization of the law has been held up in Congress because opponents say it has created financial burdens for some schools, in part because fresh fruit and vegetables can be more expensive. RON NIXON
In Brief 2 Charged in Death Linked to Taser Two former police officers in East Point, Ga., have been charged with felony murder in connection with the 2014 death of a man who was repeatedly shocked with Taser devices while he was handcuffed. The indictment, returned on Monday by a county grand jury in Atlanta, charged former Sgt. Marcus Eberhart and former Cpl. Howard J. Weems Jr. with seven counts each, including felony murder, aggravated assault and involuntary manslaughter, for their alleged roles in the death of Gregory L. Towns Jr., 24. The former officers, the indictment said, “did directly and materially contribute to the death” of Towns through their uses of Tasers, which the indictment said could lead to serious injury in some circumstances. (NYT)
Guilty Plea Expected In River Pollution One of the last executives charged in a 2014 chemical spill that left 300,000 people without clean tap water for days pleaded guilty to federal pollution violations Tuesday. Dennis Farrell, a former Freedom Industries owner, pleaded guilty in federal court in Charleston, W.Va., joining the bankrupt company and four other former Freedom officials who had already pleaded guilty. The deal calls for a sentence of 30 days to two years in prison, as well as a maximum $200,000 fine. The former company president, Gary Southern, is expected to plead guilty Wednesday. In 2014, a rundown Freedom tank in Charleston leaked coal-cleaning chemicals into the Elk River. (AP)
A Tempting Marker Gets a New Identity Transportation officials in Idaho say mile marker 420 has been replaced with 419.9 signs to curb thieves eager to own a number associated with marijuana enthusiasts. Adam Rush of the Idaho Transportation Department says the sign along Route 95 has been replaced near Coeur d’Alene. He said the department did not want to leave the milepost empty because the signs can be valuable for drivers tracking their trip. (AP)
BUSINESS
WEDNESDAY, AUGUST 19, 2015
THE MARKETS
China Keeps Still-Eager Investors Guessing The high-flying economy was destined for high-octane growth for years. Until China’s leaders revised their growth target. The bull run was heralded as a new golden age of stocks by the state media, until it hit a free fall that erased over $3 trillion in market value. That volatility that continued on Tuesday. The currency for years was set at a relatively stable rate. Until the government devalued the currency, prompting its steepest fall in decades. “China really has always been an enigma,” said Troy Gayeski, a senior portfolio manager at SkyBridge Capital. “You could be dead right in the thesis and you won’t make money.” At the start of the year, some of Wall Street’s best known investors sang China’s praises. Stanley
Druckenmiller told Bloomberg television in April that he was “very intrigued” by the Chinese stock market’s steep ascent. As the market soared, many hedge funds rode the bull run, posting double-digit returns. At the end of the second quarter, Asia-focused hedge funds had $126.3 billion in capital invested, a record amount of money according to the research firm HFR. The situation took a sharp turn in late June. Chinese markets began to tumble. By the end of July, the capital devoted to Asia-focused hedge funds had dropped by $10 billion as investors ran for the exits, according to HFR. Since then, it has continued to be shaky, with stocks in Shanghai down more than 6 percent on Tuesday. ALEXANDRA STEVENSON
F.D.A. Approves a Drug for Low Libido in Women The first prescription drug to enhance women’s sexual drive won regulatory approval on Tuesday, clinching a victory for a lobbying campaign that had accused the Food and Drug Administration of gender bias for ignoring the sexual needs of women. The drug — Addyi from Sprout Pharmaceuticals — is the first drug approved to treat a flagging or absent libido for either sex. Drugs available for men are approved to help achieve erections, or to treat certain deficiencies of the hormone testosterone, not to increase desire. Advocates who pressed for approval of Addyi said that a drug to improve women’s sex lives was long overdue.
“This is the biggest breakthrough for women’s sexual health since the pill,” said Sally Greenberg, executive director of the National Consumers League. But critics said the campaign behind Addyi had made a mockery of the system that regulates pharmaceuticals and had co-opted the women’s movement to pressure the F.D.A. into approving a drug that was at best minimally effective and could cause side effects like low blood pressure, fainting, nausea, dizziness and sleepiness. Addyi’s label has a boxed warning — the strongest kind — saying the drug should not be used by those who drink alcohol, since that can increase the risk of
severely low blood pressure and fainting. It is also not to be used with certain other drugs and by people with liver impairment. The pill can be prescribed or dispensed only by doctors and pharmacists who watch an online slide presentation and pass a test of their comprehension. Women are advised to stop using the drug if they see no effect after eight weeks. The big question now is how many people will use Addyi, which is also known as flibanserin and has been called the “pink Viagra.” According to one survey, about 10 percent of women suffer from hypoactive sexual desire disorder. ANDREW POLLACK
Bank of New York Mellon Settles Bribery Case Over Interns The three interns at Bank of New York Mellon who joined the firm in the summer of 2010 seemed unusual choices on paper. None met the bank’s rigorous criteria, and none were hired through internship programs. They gained their positions in a different way, according to government regulators: Their relatives were high-ranking officials at a Middle Eastern sovereign wealth fund that was a client of the firm. The Securities and Exchange Commission announced on Tues-
day that it had settled a foreign bribery case with Bank of New York Mellon, accusing the bank of doling out the three internships as a way to appease officials at the Middle Eastern investment fund. Handing out the three internships — to the son and the nephew of one official at the sovereign fund, and to the son of another official — to keep a hefty client mandate violated the Foreign Corrupt Practices Act, according to the regulator. The law prohibits American companies from try-
ing to woo foreign officials with valuable offerings. Internships, while not straightup cash payments, can amount to valuable presents all the same. In a publicly disclosed filing with the S.E.C.’s administrative court, the regulator argued that the three internships at BNY Mellon were not awarded based on merit. Instead, they were meant to satisfy the unnamed sovereign wealth fund, which gave the bank about $711 million in assets to manage. MICHAEL J. de la MERCED
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FOREIGN EXCHANGE Fgn. currency in Dollars
Australia (Dollar) Bahrain (Dinar) Brazil (Real) Britain (Pound) Canada (Dollar) China (Yuan) Denmark (Krone) Dom. Rep. (Peso) Egypt (Pound) Europe (Euro) Hong Kong (Dollar) Japan (Yen) Mexico (Peso) Norway (Krone) Singapore (Dollar) So. Africa (Rand) So. Korea (Won) Sweden (Krona) Switzerland (Franc)
.7338 2.6515 .2884 1.5656 .7659 .1564 .1477 .0222 .1278 1.1031 .1290 .0080 .0610 .1208 .7128 .0775 .0008 .1169 1.0240
Dollars in fgn.currency
1.3628 .3772 3.4678 .6387 1.3057 6.3928 6.7715 45.0500 7.8250 .9065 7.7543 124.39 16.3900 8.2803 1.4030 12.8965 1185.0 8.5512 .9766
Source: Thomson Reuters
ONLINE: MORE PRICES AND ANALYSIS
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As China’s once-staid currency suddenly dropped sharply last week, Wall Street began sniffing around for a way to profit. A trader on Goldman Sachs’s Hong Kong trading desk sent a memo to hedge fund clients highlighting one opportunity: Taking advantage of a price difference between China’s onshore renminbi and its offshore version. The currency is not freely tradable, and it was trading in Hong Kong as much as 1.5 percent lower than in China. That is “assuming you can move money between Hong Kong and the mainland,” the trader wrote, referring to China’s capital controls. In China, there is always a catch, something that even some of the world’s smartest investors are just starting to learn.
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Information on all United States stocks, plus bonds, mutual funds, commodities and foreign stocks along with analysis of industry sectors and stock indexes:
nytimes.com/markets
BUSINESS
New Technologies Track and Assess Workers You might be at work, but that hardly means you are working. Mitesh Bohra thought that projects at his software company, InfoBeans, were taking too long. “Something was supposed to be done in a thousand hours and it would end up taking 1,500,” he said. “We were racking our brains to figure out where the time went.” Increasingly, bosses have an answer. A new generation of technology is allowing white-collar jobs to be tracked, tweaked and managed in ways that were difficult even a few years ago. As work force management becomes a factor, questions are piling up. How much can bosses increase intensity? How does data redefine who is valuable? And with half of salaried workers saying they work 50 or more hours a week, when does working hard become working way too much? “The massive forces of globalization and technological progress are removing the need for a lot of the previous kind of white-collar workers,” said Andrew McAfee, associate director of the Center for Digital Business at the M.I.T. Sloan School of Management. “There’s a lot of competition, global labor pools of pretty good quality, automation to make you more productive and make your job more 24/7. These are not
Myrna Arias, a saleswoman, has claimed in a lawsuit that she was required to download a cellphone app that tracked her 24 hours a day. MONICA ALMEIDA/THE NEW YORK TIMES
calming forces.” One way employees are pushed to work harder is by tethering them to the office outside of normal business hours. Nearly a third of workers in a Gallup poll last year said they were expected to “check email and stay in touch.” “People in sales are continually measured and always know where they stand. Now this is happening in the rest of the white-collar work force,” said Paul Hamerman, a workplace technology analyst with Forrester Research. New technology tools are also threatening one of the enduring rituals of corporate life — the annual performance review. General Electric began a pilot project last year in which a smartphone application was used to give workers instant feedback from
bosses and colleagues. Myrna Arias, a Southern California saleswoman for Intermex, a money-transfer company based in Miami, was required to download an app on her cellphone that tracked her whereabouts 24 hours a day, she claims in a lawsuit pending in federal court. Her suit quotes her manager as saying, perhaps jokingly, that he knew how fast she was driving at all times. “Ms. Arias believed it was akin to wearing a felon’s ankle bracelet,” said her lawyer, Gail A. Glick. She deleted the app and was fired. Her suit, which accuses Intermex of invasion of privacy and wrongful termination, seeks $500,000 in lost wages. Neither Intermex nor its lawyers responded to requests for comment. DAVID STREITFELD
Promontory Settlement Caps Inquiry by Regulator When New York State’s financial regulator challenged the independence of a top Wall Street consultant, the Promontory Financial Group, the firm threatened to sue. On Tuesday, Promontory tried a different approach: compromise. Promontory agreed to admit that its actions on behalf of a big British bank did not meet current consulting requirements, the New York State regulator announced. The statement was not as sweeping an acknowledgment as the New York regulator originally sought. And in another indication of compromise, Promontory agreed voluntarily to abstain from certain consulting arrangements in New York for six months, a shorter period than once expected. The firm also agreed to pay a $15 million penalty.
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WEDNESDAY, AUGUST 19, 2015
The deal, which caps a two-year investigation, coalesced over the last two days after Ludwig agreed to to resvisit a narrow admission of what went wrong in the firm’s work for the British bank Standard Chartered. Ludwig, these people said, traveled from Washington to New York on Monday to negotiate the deal. The case carried broad significance for the consulting industry and the regulator. A lawsuit from Promontory would have been the first significant challenge to the New York regulator’s authority, and a possible threat to its power. The Department of Financial Services has gained a reputation as a thorn in the side of Wall Street. It often extracts hundreds of millions of dollars from banks that pay far less to settle with federal authorities. A Promontory lawsuit could have alienated regulators with
no guarantee that the firm would prevail in court. A settlement, while a blow to its reputation, offers closure for the firm. But for the broader industry, the settlement is the latest in a series of black marks. The Department of Financial Services has already taken aim at Promontory’s main competitors, PricewaterhouseCoopers and Deloitte, accusing them of failing to exhibit independence when reviewing certain bank misdeeds. PwC and Deloitte settled their cases without the public threat of litigation. PwC paid $25 million and agreed to a two-year voluntary suspension from certain consulting arrangements. Deloitte paid $10 million and accepted a one-year abstention. Both admitted that their conduct did not meet certain regulatory standards. BEN PROTESS and JESSICA SILVER-GREENBERG
MOST ACTIVE, GAINERS AND LOSERS % Volume Stock (Ticker) Close Chg chg (100) 10 MOST ACTIVE SunEdi (SUNE) 14.50 Bankof (BAC) 17.69 FCX (FCX) 9.92 Apple (AAPL) 116.50 Omeros (OMER) 25.03 Micron (MU) 16.38 CiscoS (CSCO) 28.25 RiteAi (RAD) 8.82 Micros (MSFT) 47.27 Facebo (FB) 95.17
◊0.18 ◊0.08 ◊0.32 ◊0.66 +10.48 ◊0.84 ◊0.57 ◊0.34 ◊0.05 +1.24
◊1.2 ◊0.5 ◊3.1 ◊0.6 +72.0 ◊4.9 ◊2.0 ◊3.7 ◊0.1 +1.3
659107 502787 448093 345246 324485 324087 321730 275053 235730 221921
% Volume Stock (Ticker) Close Chg chg (100) 10 TOP GAINERS Omeros (OMER) Yulong (YECO) Inteli (IQNT) Nation (NPBC) Spanis (SBSA) Clayto (CWEI) MRVCom (MRVC) vTv (VTVT) EvokeP (EVOK) Identi (INVE)
25.03 6.05 21.40 12.75 5.39 41.62 19.13 10.02 5.11 5.03
+10.48 +1.08 +3.56 +1.83 +0.69 +5.21 +2.06 +1.05 +0.48 +0.47
+72.0 +21.7 +20.0 +16.8 +14.7 +14.3 +12.1 +11.7 +10.4 +10.3
324485 586 20826 201024 310 3356 775 1311 27291 2148
% Volume Stock (Ticker) Close Chg chg (100) 10 TOP LOSERS AmiraN (ANFI) Aegean (ANW) Global (GBT) Esperi (ESPR) MaxPoi (MXPT) Aquino (AQXP) Enphas (ENPH) Wayfai (W) C&JEne (CJES) Horseh (ZINC)
5.22 9.22 45.06 64.17 5.01 18.12 5.01 45.11 5.63 7.94
◊2.34 ◊2.03 ◊8.43 ◊11.34 ◊0.80 ◊2.58 ◊0.59 ◊5.28 ◊0.63 ◊0.87
◊31.0 ◊18.0 ◊15.8 ◊15.0 ◊13.8 ◊12.5 ◊10.5 ◊10.5 ◊10.1 ◊9.9
32632 8400 6945 62898 1254 9232 11276 56303 38517 11983
Source: Thomson Reuters
Stocks on the Move Stocks that moved substantially or traded heavily Tuesday: Wal-Mart Stores Inc., up $2.43 to $69.48. The retailer cut its annual earnings outlook because its profits are being squeezed by currency fluctuations and higher wages. The Home Depot Inc., up $3.10 to $122.80. The home improvement retailer reported better-than-expected second-quarter sales and profit. Lennar Corp., up $1.65 to $55.59. The homebuilder’s stock gained ground on an upbeat outlook following a Commerce Department report of an increase in housing starts. The TJX Companies Inc., up $5.17 to $76.78. The parent of T.J. Maxx, Marshalls and other stores reported better-than-expected second-quarter earnings and revenue. Dick’s Sporting Goods Inc., up $1.91 to $52.61. The sporting goods retailer reported better-than-expected fiscal second-quarter net income, though revenue fell short of forecasts. The Hain Celestial Group Inc., down $4.73 to $63.65. The organic and natural products company met Wall Street’s fiscal fourth-quarter profit forecast as sales jumped 20 percent. (AP)
FOOD
WEDNESDAY, AUGUST 19, 2015 6
A Lux Version Of Succotash Succotash, that savory mélange of corn and beans, is a noble dish with a long history. We have 17th-century Native Americans to thank for it; they introduced the stew to the struggling colonial immigrants. Composed of ingredients entirely unknown in Europe at the time, it gradually became a standard meal in the early settlers’ kitchens. The name is a somewhat Anglicized spelling of the Narragansett Indian word “msickquatash,” which referred to a simmering pot of corn to which other ingredients were added. Most often, it contained corn, beans and squash, the Three Sisters, which the natives cultivated together in distinct mounds. There was winter succotash, made from dried corn, dried beans and pumpkin; or summer succotash, made with fresh sweet corn, shelling beans and tender summer squash. Fresh or dried meat or fish were common additions. Fast-forward a century or two, and succotash evolved to become
a side dish rather than the meal itself. Any number of variations now exist, the two constants being corn and beans — usually, but not always, lima beans, originally from Peru. Succotash made the rounds. Ask folks from the Northeast and you will be told that succotash is of Yankee origin. In the South, it is considered to be a purely regional creation. In many recipes, salted pork belly or bacon is favored, while others call for milk, butter or cream. Some recipes use both or require tomatoes or pimentos from a jar.
Front Burner TWO ROOT BEERS WITH KICK
PHOTOGRAPHS BY EVAN SUNG FOR THE NEW YORK TIMES
Don’t let school-lunch style succotash keep you from savoring it as a vegetable stew with the fruits of summer. Inset below: To go from side dish to main course, add lobster. If you grew up with 20th-century Midwestern succotash, you may remember it as I do: a sickly, bland offering from the steam table in the high school cafeteria, prepared by opening a No. 10 can and boiling the contents. That’s how succotash earned its often-maligned status. But I’m here to tell you that succotash can be the most marvelous vegetable stew imaginable. At its best, it is a celebration of summer ingredients. My version includes zucchini, peppers and green tomato along with sweet tender corn kernels and fresh shelling beans: limas, cranberry beans or blackeye peas. For special occasions, I push the envelope with a fancy version of succotash, taking liberties with the traditional approach. I add chunks of lobster and a dollop of crème fraîche, which effectively transforms it from a humble side dish to a deluxe starter or even a main course. No one complains. DAVID TANNIS LOBSTER SUCCOTASH
Time: 1 hour Yield: 4 main course servings (or 6 appetizer servings) 2 cups fresh shelling beans, from about 3 pounds in the pod Salt and pepper › pound Romano beans, green beans or yellow wax beans, about 2 cups, chopped
2 tablespoons butter 1 large onion, diced 1 cup okra, sliced in ›-inch rounds 1 large red bell pepper, diced 2 cups fresh corn kernels, from about 4 ears 2 medium zucchini, diced, about 2 cups 1 cup green tomato or tomatillo, diced 1 serrano chile, finely diced 1 pound cooked lobster meat, chopped Æ cup crème fraîche 1. Put shell beans in a saucepan, barely covered with water. Add 1 teaspoon salt, bring to a boil, then reduce heat and simmer gently for 20 to 30 minutes, until tender. Beans may be cooked in advance, up to 24 hours ahead, and stored in their broth. (Skip this step if using frozen beans.) 2. In another pot, bring salted water to a boil. Add Romano beans and blanch for 1 minute, then drain and cool. 3. Put butter in a large skillet over medium heat. Add onion and cook until softened, about 10 minutes. Add okra and red pepper and sauté for 2 to 3 minutes. 4. Add corn kernels, zucchini, shelling beans, Romano beans, green tomato and serrano chile. Season generously with salt and pepper and sauté gently for 5 minutes. 5. Add lobster meat, stir in crème fraîche, and simmer for another 2 to 3 minutes. Check seasoning and adjust salt to taste. Serve immediately, accompanied by brioche toasts, grilled polenta or grits, if you wish.
Hard root beer is flying off the shelves. Not Your Father’s Root Beer, an ale fermented with spices, made by Small Town Brewery in Wauconda, Ill., landed in New York and elsewhere late last month. The taste, like soda fountain root beer with less sweetness, does not hide the gentle kick from 5.9 percent alcohol. Coney Island WILLIAM Brewing, which P. O’DONNELL/THE NEW YORK TIMES opened recently, also has a hard root beer. It is 5.8 percent alcohol and a tad sweeter and fizzier than the competition. The flavor is less earthy with more vanilla and coffee in the flavor notes. Coney Island’s main backer is Boston Beer, the parent company of Sam Adams. The root beer is being made at a Boston Beer plant, not in Brooklyn. Now you can turn that root beer float into a nightcap: Not Your Father’s Root Beer, $10.99 for a six-pack at Fairway markets; Coney Island Hard Root Beer, $2.50 a bottle at Malt & Mold, maltandmold.com. A WORLD OF FLAVORS
Though she grew up in North Carolina, Pooja Bavishi remembers tastes of saffron, masala, cardamom, fennel and rose water. These seasonings permeated the cooking of her mother, who emigrated from Gujarat in northwestern India. So when Bavishi, who has a degree from the Stern School of Business at New York University, decided to make ice cream professionally, those were the flavors to which she turned. She started selling her ice cream at the Hester Street Fair, and now sells containers and pops of masala chai, ginger root, Turkish coffee and several others, online. The ice creams, made without eggs, are delectably creamy yet light: Malai Ice Cream, $9 a pint, $17 a quart, malai.co. FLORENCE FABRICANT
TONY CENICOLA/THE NEW YORK TIMES
HOMETOWN HERO
Paul Pagan
Information systems Technician 2nd class
DEPT/DIV: Combat Systems/CS-1 HOMETOWN: Palm Bay, Florida WHY HE CHOSE THE NAVY:
Open career path, education and leave my small town.
HIS FAVORITE PART OF THE JOB:
How much opportunity there is to advance in
your career and expand your knowledge.
PROUDEST NAVY MOMENT: Reenlisting on the fantail in the Arabian Gulf. SHOUT OUT: ITC Steenrod
FUN
FACT
I’m 22 and I already own a house.
HOMETOWN HERO
James Coleman master chief avionics technician
SQUADRON: VAW-125 HOMETOWN: Pikesville, Kentucky WHY HE CHOSE THE NAVY: I wanted to see the world. HIS FAVORITE PART OF THE JOB: Working on airplanes and taking care of Sailors.
PROUDEST NAVY MOMENT: Making chief. SHOUT OUT: My wife and daughter for all their support.
FUN
FACT
I’m an Ohio State Buckeyes fan.
W
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AUGUST 20, 2015
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MOVIE TRIVIA
Q: What was meryl streep’s first disney movie? A: See in the next edition of the Rough Rider.
Previous Question: What wasw Morgan Freeman’s first animated film? Answer:The Lego Movie
friday
AUGUST 21, 2015
WHAT’S ON underway mov i e schedule
MC3 Jennifer Case MC3 Stephane Belcher MC3 Taylor Stinson Theodore Roosevelt Media command ombudsman
cvn71ombudsman@gmail.com The Rough Rider is an authorized publication for the crew of USS Theodore Roosevelt (CVN 71). Contents herein are not necessarily the views of, or endorsed by, the U.S. government, Department of Defense, Department of the Navy or the Commanding Officer of TR. All items for publication in The Rough Rider must be submitted to the editor no later than three days prior to publication. Do you have a story you’d like to see in the Rough Rider? Contact the Media Department at J-dial 5934 or stop by 3-180-0-Q.
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