| New mobile payment service eschews cash and checks for phones
Mpayy Inc., an online and mobile payment processing company, will launch tomorrow a service that enables merchants and shoppers to conduct retail transactions using mobile phones and online payment accounts. Shoppers can use the Mpayy service with roving salespersons or on retail web sites. Merchants set up accounts on Mpayy.com to establish a mobile payment system. Mobile merchantsMpayy is not yet targeting bricks-and-mortar retailerscan access reports on sales, send funds to desired banks, manage refunds and perform other tasks through a web-enabled administrative application. Shoppers set up accounts on the Mpayy site, entering their mobile phone number, account nickname, and checking account information. To conduct a transaction with a roving merchantan Avon lady, for examplea shopper logs in to Mpayys mobile web site and enters the merchants mobile phone number or nickname, enters the amount of the purchase, and submits the information, which brings up a transaction confirmation page with a Pay button to complete the purchase.
7 killed in Russian bus blast
SEVEN people were killed and 20 injured when an explosion ripped through a bus in the Samara region of southern Russia today, Russian news agencies reported. The blast occurred on a public transport bus at a junction in the small town of Tolyatti, RIA-Novosti quoted an unnamed press official from the local branch of the emergency situations ministry as saying. Investigators were working at the scene to establish the cause of the incident. More to come .
What’s Cholesterol Got to Do With It?
So let's just trust our assumptions, get people to change their diets and put high-risk people on statins and other cholesterol-lowering drugs. Science, however, suggests a different approach: test the hypothesis rigorously and see if it survives. If the evidence continues to challenge the role of cholesterol, then rethink it, without preconceptions, and consider what these other pathways in cardiovascular disease are implying about cause and prevention. A different hypothesis may turn out to fit the facts better, and one day help prevent considerably more deaths. .
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