The publication challenges you to start rethinking your strategies during today's economic phase, and highlights the importance of staying true to your vision in both good and bad economic times.

This holiday season, instead of gifting your friends and loved ones another meaningless present, let them discover their own unique power with a copy of "Unlocked: Discover How to Embrace the Unexpected" by bestselling author, Dr. Madelyn Blair.

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This publication provides comprehensive construction forecasts for a broad range of segments in the U.S. and Canada, as well as information on key drivers and geographic performance.

In this whitepaper, authors explore the idea that the equipment fleet is a strategic asset and should be managed as one.

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In this publication (co-sponsored by Zurich), you'll find FMI's top-ten articles of the past decade. Most of these topics are still relevant in today's E&C business environment and cover a broad range of industry issues.

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(Bloomberg) -- Wall Street’s biggest firms are divided on where markets are heading to next.While most risk assets are well off their mid-March lows, when uncertainty about the global impact of the coronavirus outbreak was at its peak, there is little consensus on what is to follow. At the core of the debate is the long-term effectiveness of the massive stimulus from central banks and governments.When $8 Trillion in Global Fiscal Stimulus Still Isn’t EnoughCitigroup Inc., for one, doesn’t get the “puzzling” rise in stocks.“Extensive policy response, led by ample liquidity provided by central banks, likely contributed to the move in the markets,” economists including Igor Cesarec and Catherine Mann wrote in a note Thursday. “However, since it is not clear that markets can be propped up indefinitely, caution is warranted. Risk assets could be fragile once the cold, hard economic reality hits again.”On the other hand, JPMorgan Chase & Co. sees the stock market advance as justified -- and one which can continue.“While the collapse in economic activity is historic, so too is the global policy response to cushion the impact and support a recovery,” strategists led by Marko Kolanovic wrote in a note Thursday. “We expect risky assets to continue to recover as economies reopen and given the unprecedented policy support, though we expect a moderation in the pace of gains.”Read about JPMorgan’s call in late March that markets were probably past the worst.The MSCI AC World Index has climbed about 25% since March 23 as investor sentiment warmed toward a slew of worldwide policy measures to offset the economic impact of the pandemic. The global gauge had fallen as much as 34% from its February high, when concerns about the virus reached a peak.Looking ForwardGoldman Sachs Group Inc. and Morgan Stanley largely see gains remaining intact, with caveats.Goldman attributes the market rise to a stabilization in virus infection rates and an improvement in measures of funding and liquidity stress. The firm has already said that equities price in macroeconomic performance over a two-year time horizon and investors may look past huge economic damage.“Markets will continue to look through bad news about the depth of the economic downturn if they can continue to hold on to their view that a sizable chunk of the recent damage will be reversed by the end of next year,” strategists including Zach Pandl wrote in a note Tuesday.And Morgan Stanley is also comfortable with the disparity between asset price performance and fundamentals, noting that markets tend to lead the economy and care more about rate of changes than absolute levels.“Divergences between the market and economy are common at economic extremes,” wrote strategists including Andrew Sheets in a note Thursday. “Rate of change is key – a ‘U’ shaped recovery is fine, a ‘W’ is not.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

The following is a brief roundup of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus. A new antibody test is highly accurate at determining whether people have been infected with the novel coronavirus, according to a study published on Friday in The Journal of Clinical Microbiology. Researchers at the University of Washington School of Medicine found the test, manufactured by Abbott Laboratories, had a specificity rate of 99.9% and a sensitivity rate of 100%, suggesting little chance of incorrectly diagnosing a healthy person as having been infected and virtually no chance of a false negative readout.

Esperion Therapeutics, Inc. (NASDAQ:ESPR) investors will be delighted, with the company turning in some strong numbers...

The analysts might have been a bit too bullish on Consolidated Edison, Inc. (NYSE:ED), given that the company fell...

Above: A Hydrogen Powered Truck from Nikola Corporation, Which Is Merging with VectoIQ Acquisition Corp. By John Jannarone Since the coronavirus crisis drove the market to multiyear lows, the flow of initial public offerings has ground to a veritable halt. That is, except, for special purpose acquisition companies, or SPACs. Some $2.7 billion has been […]

The move will help Southwest save cash at a time when U.S. airlines collectively burn more than $10 billion a month. Last month, rival United Airlines agreed to sell and lease back 22 planes to aircraft investor Bank of China Aviation. United, however, did not specify the size of the deal.

Each decade has an investment theme that favors one asset class over another. What performed well over the last decade generally underperforms during the next.

Biopharma shares have outperformed the broader market year-to-date, giving rise to apprehension over whether a pullback is in the offing. An analyst at BofA Securities said Friday that now is the time to go from defensive to offensive in the sector, as quarantines are winding down in several parts of the globe.The Biopharma Analyst Analyst Geoff Meacham shortlisted Eli Lilly And Co (NYSE: LLY), Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX), Bristol-Myers Squibb Co (NYSE: BMY), BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) and Amgen, Inc. (NASDAQ: AMGN) as biopharma stocks where he would put his money to work.The analyst has the following ratings and price targets for the shares: * Lilly: Buy/$165 * Vertex: Buy/$300 * Bristol-Myers Squibb: Buy/raised the price target from $75 to $80 * BioMarin: Buy/lifted price target from $110 to $120 * Amgen: Buy/price target increased from $265 to $2755 Reasons For BofA's Bullish Disposition BofA is increasingly bullish on the biopharma group due to the following factors, Meacham said: * Expectations for robust revenue growth of 6% in the second half of 2020 compared to the first-half, which is double that of the S&P 500's revenue growth. * Reasonable price-earnings for the stocks in the sector. * Many value-creating events lined up for the second half. * Lower policy risk stemming from goodwill earned from the COVID-19 pipeline. * A consistently positive FDA backdrop.Q1 Earnings Get 'A' Grade All of the big biotechs and major pharma companies reported both revenue and adjusted EPS beats in the first quarter, with Lilly and Vertex even raising some parts of their 2020 guidance, Meacham said.Citing slower new starts and forex headwinds, Bristol-Myers Squibb and BioMarin lowered their 2020 revenue guidance, but maintained their EPS guidance, the analyst said. Meacham expressed surprise at Merck & Co., Inc. (NYSE: MRK) and Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN) lowering their 2020 revenue and adjusted EPS guidance, given his belief that oncology or orphan diseases wouldn't be as sensitive to COVID-19 disruption.See also: Attention Biotech Investors: Mark Your Calendar For These May PDUFA Dates Lilly One of The Higher Quality Stocks In BofA's Coverage Lilly is a source of differentiated growth given its early product cycle and diversified base business, including diabetes, immunology and immunotoxicology and migraine, and an advancing late-stage pipeline of potentially best-in-class or first-in-class therapies, Meacham said.The analyst said he likes Lily's potential for additional earnings growth in 2020-2021 and views Lilly as one of the higher quality stocks in his coverage despite its higher valuation. The prospects for 2021 look attractive, with selpercatinib potentially launching in non-small cell lung cancer and thyroid cancer by year's end, and tirzepatide approval in 2021 representing a "step change" for the diabetes franchise, he said. Consensus For Vertex To Move Higher? Vertex has a richer -- though well-deserved -- valuation, due to its differentiated growth profile, Meacham said.Given that Vertex's commercial execution is largely unaffected by the COVID-19 pandemic, the analyst said investors will begin to look forward to 2021 sooner than for other companies with more commercial risk.BofA expects consensus estimates to continue to move higher, making Vertex's valuation even more attractive.Bristol-Myers Has Highly Differentiated Growth With an estimated 8% revenue growth and 19% EPS growth in 2021 compared to 5-6% and 12%, respectively, for peers, and with six new launches expected this year, 2020 is shaping up to be a very robust period for Bristol-Myers despite the ongoing COVID-19 headwinds, Meacham said. The analyst said the company's growth looks highly differentiated.An increasingly diversified product mix and beatable launch expectations position the company for meaningful upside to consolidated P&L, with improving synergies, he said. BioMarin's 'Game-Changing' Late-Stage Pipeline BioMarin's late-stage pipeline in valrox and vosoritide have improved its growth outlook, Meacham said.The analyst termed the company's late-stage pipeline as "game-changing." The second-half launch of Roctavian is the most important catalyst for the company this year, with the product likely to accelerate the company's already above-average growth profile, he said. "We see BioMarin as one of the higher quality names in our coverage universe given its clean growth story and it remains our SMid cap top pick." Amgen Looks To New Product Growth To Compensate For Legacy Product Erosion The long-term outlook for Amgen's Otezla is improving given the recently announced Phase 3 data for mild-to-moderate psoriasis, Meacham said.The company rapidly refocused its story from legacy product erosion to new product growth with the acquisition of Otezla from the Bristol/Celgene deal, the analyst said. "Since then Amgen's growth profile has only improved, led by an expanded addressable market for Otezla, outperforming Amgen Biosimilars and Evenity franchises, aggressive formulary negotiation for Aimovig, and an exciting pipeline in AMG 510 and tezepelumab looking to contribute as soon as 2021." The Price Action The iShares NASDAQ Biotechnology Index (NASDAQ: IBB) was last seen trading up 1.25% to 128.76, adding to its 5.6% year-to-date gain. Related Link: The Week Ahead In Biotech: Smid-Cap Earnings News Flow Picks Up Pace See more from Benzinga * The Daily Biotech Pulse: Ayala IPO, Pluristem Starts Phase 2 Trial Of COVID Treatment, European Nod For Takeda * The Daily Biotech Pulse: FDA Approves Novartis Lung Cancer Drug, 2-Way Contest Emerging For Tetraphase Pharma, Dexcom To Join S&P 500 * The Daily Biotech Pulse: FDA Nod For AstraZeneca, AbbVie-Allergan Deal Clears Antitrust Hurdle(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Does history repeat? Many of us, no doubt, remember the crash of the doc.com bubble back in 2000, and at least one analyst sees that pattern repeating before our eyes. Will Meade, who built his reputation in stock analysis with Goldman Sachs, believes that the current rally is only temporary, and that the markets are likely to fall again in 2H20 – by as much as 40%.Meade points that, like in 2000, we have the risk and uncertainty of a Presidential election coming up, and then adds, “The NASDAQ in 2000 did a similar bear market bounce as stocks this year — dropped 40%, then bounced 42% off the bottom retracing 61.8% of its drop. It stalled then fell 43%, making a new low four months later.” If Meade is right, then the true market bottom is due to hit us in late July or early September.The analyst is not all doom and gloom, however. While he is predicting bad news and tough times for the stock markets, he also points out that investors can act now to buffer their personal positions. His advice: move to liquid assets and build a cash savings buffer.Shoring up the savings account is only part of a strong defensive strategy. Investors can also shift their portfolio toward dividend stocks, relying on the steady income from the dividend payments to compensate for lower share price appreciation.We’ve used TipRanks database to find three high-yielding stocks that offer reliable payments – and all three have gotten the thumbs up from Maxim analyst Michael Diana.Ellington Financial, Inc. (EFC)We’ll start in the financial sector, with a small-cap company in the mortgage finance niche. Ellington operates as an investor, putting money into consumer loans, equity investments, mortgage backed securities, and both residential and commercial mortgages. It’s a standard portfolio for a mortgage-focused real estate investment trust.As an REIT, Ellington naturally offers a high dividend. REITs are required to a return a high percentage of profits to investors, and dividends are a sure way to comply with that regulatory provision. In response to the COVID-19 epidemic, and consequent economic damage, Ellington had to reduce its monthly payment starting with the April 29 payout. However, the company is maintaining a 54% payout ratio – returning more than half of earnings to investors. The 8-cent per share payment annualized to 96 cents, and offers investors a yield of 10%.Right now, the Fed’s key interest rate is down to the 0 to 25 basis point range, and Treasury bonds are yielding less than 1%. Even among dividend stocks, the average yield is just 2%. So, EFC’s 10% dividend yield is a fantastic return. Looking ahead, the company is expected to show 40 cents per share in earnings for Q1, more than enough to maintain the new monthly dividend.Maxim’s Michael Diana has tagged EFC as a ‘top pick,’ particularly noting the company’s strong management team: "Managing an mREIT even in 'normal' times is a difficult task, as the manager must balance leverage, prepayment protection, interest income, hedging, and diversity of financing sources to position the investment portfolio to withstand unexpected shocks without giving up too much income. When an unexpected shock does occur, crisis management skills are required to dynamically hedge and reposition the portfolio. We have followed EFC longer than any other analyst and, in our view, EFC management possesses all of these skills."Diana puts an $18 price target on EFC shares, implying a whooping 82% upside potential that fully supports his Buy rating. (To watch Diana’s track record, click here)Wall Street agrees with Diana’s assessment here. The analyst consensus on this stock is a Strong Buy, and it is unanimous, based on 4 Buy reviews set in recent weeks. Shares are selling at a comfortable entry point, just $9.87, and the average price target of $14.38 suggests room for a robust 46% upside growth this year. (See Ellington stock analysis on TipRanks)AGNC Investment (AGNC)Based in the Maryland suburbs of Washington DC, AGNC is another REIT. The company’s portfolio is centered on residential mortgage-backed securities, but with a twist. Most of AGNC’s portfolio investments are guaranteed by the US government. The company’s portfolio includes $70.7 billion in such agency-supported securities, out of a total value of $93 billion.AGNC reported fiscal Q1 earnings at the end of April, and beat the forecast on EPS. Per-share earnings came in at 57 cents, based on $65 million in net interest income. The income interest figure is down significantly from the previous quarter, reflecting the economic troubles caused by the COVID-19 pandemic. On a positive note, AGNC’s cash holdings increased 55% in the first quarter, reaching $1.29 billion by March 31.A solid cash position and safe guarantees on the portfolio make AGNC an attractive investment, and the reliable monthly dividend adds icing to that cake. Like EFC above, AGNC lowered its monthly payment in Q1. The new payment is 12 cents per share per month, which annualized to $1.44 and gives a strong yield of 11.5%. At 63.2%, the payout ratio shows that the dividend is easily sustainable at current income levels – and has room to raised back to previous rates when conditions warrant.Diana is bullish on this stock and upgrades his rating from Hold to Buy. The analyst noted, "While turmoil in the mortgage markets at the end of March resulted in losses and lower book values for all mREITs, AGNC was able to meet all of its margin calls and, importantly, take relatively fewer realized losses, and therefore retain more earnings power post-turmoil. This is why we believe the dividend, currently yielding 11.7% (vs. ~5% for peers) is safe."Along with the Buy rating, Diana gives AGNC a $15 price target, indicating a potential for 20% upside appreciation in the coming 12 months.The analysts are somewhat cautious on AGNC, a sentiment caught by the 8 to 3 split between Buy and Hold reviews. The consensus rating on the stock remains a Moderate Buy, while the $14.53 average price target implies a 14% upside potential. (See AGNC stock analysis on TipRanks)Manhattan Bridge Capital (LOAN)Last on our list is a NYC-based micro-cap lending company, Manhattan Bridge Capital. The company offers short-term financing and collateralized loans. Typical collateral includes real estate and tradeable stock, and the loans are usually used as first mortgages. LOAN originates, services, and manages its loan portfolio, and most of its customers are professional real estate investors and developers.The coronavirus epidemic has hurt real estate development and construction – exactly the type of projects that LOAN finances – in general, but that hit has been especially hard in New York City. At both the State and City levels, lockdown restrictions have been severe, and the mortgage loan environment is described by Diana as ‘challenging.’On a positive note, LOAN has covered its quarterly dividend payment, despite lower Q1 earnings. At 11 cents per share, the quarterly dividend annualized to 44 cents and offers investors a yield of 10.8%. Again, this compares favorably to most investment return yields out there.The high dividend yield alone makes this an attractive investment opportunity, but Diana also points out the stability of Manhattan Bridge’s portfolio, writing, “LOAN has never had to foreclose on a property and has never experienced a loan default.”With the stable portfolio in mind, Diana goes on to say, “We believe LOAN deserves to trade at a P/E premium to [peers] because of its: 1) lower leverage; 2) higher profitability; 3) better credit quality; 4) lower earnings volatility; and 5) dividend growth (which is possible in 2021, in our view, if the environment improves and stabilizes).”Diana’s $6 price target on the stock implies a healthy 46% one-year upside potential, and fully backs his Buy rating on the stock. Diana’s is the only recent Wall Street review of this stock – but should his thesis prove correct, expect LOAN to attract both stock analysts and investors in the near future. It offers a low cost of entry with a high potential return – an unbeatable combination. (See LOAN stock analysis on TipRanks)To find good ideas for dividend stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Popular communications platform provider Zoom Video announced on Thursday that it has acquired secure messaging and file-sharing service Keybase for an undisclosed sum. The move is the latest by the company as it attempts to bolster the security of its offerings and build in end-to-end encryption that can scale to the company’s massive user base.

read more

Recorded Future this week announced the availability of Express, a free web browser extension designed to help security teams prioritize vulnerability patching and alerts from security information and event management (SIEM) tools.

read more

North Korea-linked hacking group Lazarus has been leveraging a Mac variant of the Dacls Remote Access Trojan (RAT), Malwarebytes reports.

read more

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American Eagle Auto Body, a Los Angeles-based auto shop, is the winner of the City Beat News Spectrum Award for Excellence in Customer Service.

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Motorcycle enthusiasts are encouraged to take advantage of the European riding season and attend the world's largest BMW motorcycle party.

Austin personal injury attorney Chip Evans said the state ranks among the worst in the nation for motorcycle safety. Texas is behind only South Carolina and Mississippi in the number of number of motorcycle fatalities per registered motorcycles.

A firefighter with over 20 years' experience launched a safety tool on crowd-funding site Kickstarter that can literally be a lifesaver for First Responders and Civilians alike!

WeeTect, a global leader in designing and manufacturing abrasion resistant helmet visors, today announced that it has started using this technology on other eye and face protection products.

The global automotive aftermarket is rapidly evolving, with demand for starter solenoids being higher than before. T&X Starter Solenoid Manufacturers moved in supply the growing market, and their products have gained popularity the world over.

Billy Johnson, a personal injury attorney in Pikeville, KY, said that a greater awareness of the threats facing motorists could reduce the number of vehicle crashes.

Columbia attorney Mark Evans encourages drivers and lawmakers alike to improve Missouri's poor record on road safety.

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A leader in audio electronics, Glenn Stasky turns a near-disastrous encounter with wildlife, into a life-saving mission to produce motorcycle lighting unlike anything that the market has ever seen before. Introducing Clearwater Lights.

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Southern California: Just thinking about our vast region (larger than many states), diverse population (numbering in the millions), and its unique role in the historical and cultural development of the state and nation boggles the mind.

(Click on all images to enlarge)

How the Los Angeles region became what it is today is a long and complex story. Much of our local history is preserved in libraries, museums, and other cultural institutions. Other valuable and unique collections - those that reveal the stories of neighborhoods, families, influential Angelenos - are scattered across the region, and are curated by smaller institutions and individual enthusiasts.

Our own collections at Metro's Dorothy Peyton Gray Transportation Library and Archive are also an integral part of the history of the Los Angeles area. In order to promote the rich legacy of transportation history in Southern California, we play an active role in L.A. As Subject, a research alliance of more than 250 separate collections dedicated to preserving and improving access to the unique history and culture of Los Angeles. L.A. As Subject is hosted by Unversity of Southern California, and has announced the program for its marquee event of the year.

On Saturday, October 23, 2010 during American Archives Month, L.A. As Subject holds its 5th Annual Archives Bazaar in USC's Doheny Memorial Library.

The event runs from 9:00 a.m. to 5:00 p.m., features more than 70 historical collections and archives, and is free of charge.

History comes alive at this wonderful event where you can browse rare collections, consult with experts, and learn about researching Los Angeles and Southern California history, online tools, how to preserve your own personal history collections and images, and many other topics.

The full program for 2010 can be found here. The Special Guest Speaker will be KPCC host and L.A. Times columnist Patt Morrison, discussing how libraries and historical archives have informed her work. Morrison was a member of two Los Angeles Times reporting teams that won Pulitzer Prizes for coverage of the 1992 riots and the city's 1994 Northridge earthquake.

The Archives Bazaar is a great opportunity for the public to interact with these member institutions and individuals who bring their unique collections together in one place. This event allows scholars, researchers, archivists, librarians, students, history enthusiasts, documentary filmmakers and "L.A. Nerds" the opportunity to visit several institutions at once - to network, explore, ponder, and marvel at the many fascinating facets of Los Angeles and Southern California.

Imagine all those fascinating libraries, archives, museums, historical societies and cultural institutions from throughout Southern California sharing their collections and stories in an "Antiques Road Show" type of setting. It would cost a small fortune in admission and transportation costs to visit just some of the more than 70 participating institutions (including us) which have reserved their exhibit space so far. On October 23, they're all on display for you to peruse, ask questions, and explore...for free!

Other programming for the 5th Annual Archives Bazaar includes:

PANEL DISCUSSION: EXTRA! EXTRA! READ ALL ABOUT IT!
Today, the iconic newsboy hawking a newspaper on the street corner is only a memory. When will the newspaper and the newsstand also become memories? When will newspaper morgues become just that, or are they still a viable source for researchers? Join a panel of newspersons and newspaper archivists who will discuss the past, present, and future of the newspaper industry in Southern California.

PANEL DISCUSSION: BLOGGING L.A.
In recent years, blogs have become an indispensable source of news and information about the Los Angeles region. But what is their role in promoting Los Angeles history and investigating the city’s identity? Join three Southern California bloggers as they discuss how blogs can interpret the region’s past, present, and future.

PANEL DISCUSSION: UNCOVERING THE LEGACY OF DAVID ALFARO SIQUEIROS
Join Luis C. Garza, Oliver Mayer, and moderator Liza Posas for a conversation about the ongoing legacy of Mexican mural artist David Alfaro Siqueiros (1896–1974). In 1932, Siqueiros traveled to Los Angeles and painted three murals, which were met with resistance—two were whitewashed shortly after their creation. Despite the efforts to censor his artistic vision, his work has inspired artists from the 1930s to the present day and contributed to the development of the modern mural movement in Los Angeles and beyond.

PANEL DISCUSSION: L.A. TAKES FLIGHT
From aviation pioneers to daring test pilots to space shuttle assembly plants, human flight has long played an important role in Southern California. Learn how Los Angeles took flight as panelists Kenneth E. Pauley, Linda McCann, and Michael Palmer share the hidden aviation stories they have discovered in the region’s libraries and archives.

DOCUMENTARY FILM SCREENING: BRIDGING THE DIVIDE: TOM BRADLEY AND THE POLITICS OF RACE
This documentary is the first to tell the story of Tom Bradley, the first African-American elected mayor of a major U.S. city without a black majority. It is the story of an extraordinary multiracial coalition that transformed the city and in, the process, changed American politics. We will be screening a 20-minute trailer of this work-in-progress.


DOCUMENTARY FILM SCREENING: THE LEGEND OF PANCHO BARNES
Florence “Pancho” Barnes was one of the most important women in twentieth century aviation. A tough and fearless aviatrix, Pancho opened a ranch near Edwards Air Force Base that became a famous—some would say notorious—hangout for test pilots and movie stars. Known as the Happy Bottom Riding Club, it became the epicenter of the aviation world during the early Jet Age. Since then, Pancho herself has become something of a legend, a fascinating yet enigmatic icon whose swagger is often celebrated, but whose story has been largely unknown—until now.

EDUCATIONAL SESSION: PRIVATE PASSION — PUBLIC RESOURCE
A personal fascination and individual zeal can create a collection that has value to the wider world. Such focus can illuminate details and connections that more general collections might miss. Local collectors will share their personal insights into history, and how they have assembled materials that might otherwise be dispersed and potentially never available to researchers.

EDUCATIONAL SESSION: RESEARCHING LA 101
Ever wondered how to get started with your Los Angeles research, or research in general? This presentation will provide a detailed overview of how and where to start, including researching basics useful for anyone working with primary and secondary source material. Topics will include researching from home, visiting the archives, the ins and outs of reading rooms, and more.

The Transportation Equity Network (TEN) has released More Transit = More Jobs: The Impact Of Increasing Funding For Public Transit (31p. PDF). TEN is a coalition of more than 350 grassroots organizations in 41 states that has worked since 1997 to build a more just, prosperous, and connected America.

This study asks two key questions:

What would be the effect on jobs in each metropolitan area of shifting 50% of the money spent on highways to public transit?

How many jobs would be created in each metro area if we increased funding on public transit at the rate indicated by the Transportation For America proposal for the next transportation authorization act?

The report highlights several statistics in answering those questions based on data from Transportation Improvement Programs (TIPS) in 20 U.S. metropolitan areas. For example, 1,123,674 new transit jobs would be created over a 5-year period for a net gain of 180,150 jobs without a single dollar of new spending.

However, if federal spending on transit increased as proposed by TEN and Transportation For America, an estimated 1.3 million jobs over the life of the law would be created, as well as almost 800,000 more jobs than under present federal transporation law (SAFETEA-LU).

The Federal Highway Administration published the 2009 Urban Congestion Trends (8p. PDF) document last week. This brief report utilizes a dashboard format to convey year-over-year changes in key traffic measures: daily hours of congestion, time penalty for eqach trip, worst-trip time penalty. Some key observations include:

• Overall, congestion had declined in almost all monitored regions between 2008 and 2009
• Less wasted time and fewer hours of the day were devoted to stop-and-go traffic in 16 of the 23 monitored regions
• At least one of the three measures improved in 20 of the 23 monitored regions
• Congestion is lowest during the summer vacation season

The report goes on to explain how operational improvements can mitigate congestion and promote smooth, safe and consistent traffic flow.

Examples provided from around the country include high-occupancy/toll lanes, freeway ramp metering, improved information coordination, work-zone management, and traffic signal system improvement programs.

In Managing Increasing Ridership Demand (32p. PDF), The FTA's Transit Cooperative Research Program presents an overview of a study mission investigating how several transit operators and agencies in Latin America accomodate sudden and significant growth in the number of riders and increasing demand for service.

Case studies from Guayaquil (Ecuador), Santiago (Chile), Buenos Aires (Argentina) and Porto Alegre (Brazil) were selected because they have faced and successfully dealt with challenges similar to recent ridership grown in the United States.

Each city's responses offer unique insight into managing increasing transit ridership and providing various perspectives on serving the mobility needs of their communities.

Two International Transit Studies Program study missions such as this are conducted each year. They have three objectives: To afford team members the opportunity to expand their network of domestic and international public transportation peers, to provide a forum for discussion of global initiatives and lessons learned in public transportation, and to facilitate idea sharing and the possible import of strategies for application to transportation communities in the United States.

For more than forty years Jan Gehl has helped to transform urban environments around the world based on his research into the ways people actually use — or could use — the spaces where they live and work.

In Cities For People (Washington : Island Press, 2010), his revolutionary new book, Gehl presents his latest work creating (or recreating) cityscapes on a human scale. He clearly explains the methods and tools he uses to reconfigure unworkable cityscapes into the landscapes he believes they should be: cities for people.

Taking into account changing demographics and changing lifestyles, Gehl explains how to develop cities that are lively, safe, sustainable, and healthy.

The book is extensively illustrated with over 700 photos and drawings of examples from Gehl’s work around the globe. Jan Gehl is based in Copenhagen.

Intelligent Transportation Systems, or ITS, integrates different computing, control, and communication technologies to help monitor and manage traffic management that helps reduce congestion while saving lives, time, and money.

While mobility and safety are the primary objectives of any good transportation system, security has also become an equally important consideration in their design and operation.

This new work, Transportation Infrastructure Security Utilizing Intelligent Transportation Systems (Hoboken, NJ : Wiley, 2008), provides a comprehensive treatment of techniques to leverage ITS in support of security and safety for surface transportation infrastructure.

Through the book's multidisciplinary approach, readers gain a comprehensive introduction to the diverse aspects of transportation infrastructure security as well as how ITS can reduce risks and be protected from threats with such topics as computer systems, risk analysis, and multi-modal transportation systems.

This book, which will serve as a textbook and guide, provides:

• Current ITS approaches to security issues such as freight security, disaster and evacuation response, HAZMAT incidents, rail security, and ITS Wide Area Alerts
• Guidance on the development of a regional transportation security plan
• Securing ITS itself and privacy issues involved in any collection and use of personally identifiable tracking data
• Exercises, question-and-answer sections, and other helpful review tools for the reader

Filling a gap in the practical application of security, this book offers both students and transportation professionals valuable insights into the new security challenges encountered and how to manage these challenges with the use of computerized transportation systems.

Railways are an environmentally friendly means of transport well suited to modern society.

However, noise and vibration are key obstacles to further development of the railway networks for high-speed intercity traffic, for freight and for suburban metros and light-rail.

Railway Noise And Vibration: Mechanisms, Modelling And Means Of Control (Amsterdam : Elsevier, 2009) brings together coverage of the theory of railway noise and vibration with practical applications of noise control technology at source to solve noise and vibration problems from railways.

Each source of noise and vibration is described in a systematic way: rolling noise, curve squeal, bridge noise, aerodynamic noise, ground vibration and ground-borne noise, and vehicle interior noise.

This work also discusses in full the theoretical background and practical workings of railway noise, including the latest research findings, and forms an extended case study in the application of noise control techniques.

Author David Thompson is Professor of Railway Noise and Vibration at the Institute of Sound and Vibration Research, University of Southampton (U.K.).