Suspect in serial killings lived in a tidy California suburb

The man who authorities said Wednesday is among the worst serial killers and rapists in U.S. history is a 72-year-old Vietnam War veteran, former police officer and grandfather who lived in a tidy, suburban California home with a neatly kept green lawn.

Joseph James DeAngelo was described Wednesday as an odd but decent neighbor in the Sacramento suburb of Citrus Heights. Neighbors said he mostly kept to himself, but was quick to anger and could often be heard loudly cussing in frustration over a landscaping issue or other minor annoyance.

“You can tell he’s a very meticulous person,” said neighbor Kevin Tapia. “His house is always perfectly painted. His grass is always cut. He gets down around all the rocks on his lawn and is cutting to make sure it’s just perfect.”

Another neighbor, Natalia Bedes-Correnti, said DeAngelo appeared to be a “nice old grandpa” but he cursed loudly and often over misplaced car keys and the like. She said one of DeAngelo’s adult daughters and a granddaughter lived with him in the neighborhood where children ride their bikes home from school.

“He liked the F word a lot,” Bedes-Correnti said.

His history also shows a seemingly ordinary life for the man police are now linking to crimes committed by the suspect variously known as the Golden State Killer, the East Area Rapist and the Original Night Stalker. Investigators towed away two cars, a Volvo and a Toyota along with a fishing boat DeAngelo kept in his three-car garage.

Article source: http://abcnews.go.com/US/wireStory/suspect-serial-killings-lived-suburban-california-life-54733547

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Arthur Squire Jr.

Oct. 3, 1934 — April 25, 2018

DAVENPORT — Arthur Squire Jr., 83, of Davenport, passed away peacefully surrounded by his family Wednesday, April 25, 2018, at Clarissa C. Cook Hospice House, Bettendorf. In honor of Arthur’s wishes the family will have a private burial at Rock Island National Cemetery, Arsenal Island. Online condolences may be expressed at www.rungemortuary.com.

Art was born Oct. 3, 1934, in Davenport, to Weldon and Fern Squire. He joined the U.S. Army and served as a paratrooper. While he was stationed at Ft. Campbell, he spent weekends in Nashville, Tennessee, where he met his future wife, Lois Murphy. Art and Lois were united in marriage on May 28, 1955, and went on to spend 62 years together.

Art retired from the Davenport Fire Department after 32 years of service. He enjoyed building and flying model airplanes, hunting, building and constructing computers, and visiting casinos with his wife. He also enjoyed sitting on his front porch, people watching.

Those left to cherish his memory include his wife, Lois; sons, Arthur (Nancy) Squire III, and Steven (Angie) Squire; grandchildren, Rochelle (Shawn Thomas), Colleen, Arthur IV, Emily, Sloan, and Cameron; and great-grandchildren, Jace, Gabe, Liam and Marcella.

He was preceded in death by his parents.

Article source: http://www.mdjonline.com/neighbor_newspapers/extra/news/arthur-squire-jr/article_3e8f6ebe-5533-5ea5-91a7-511b651ca197.html

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How Uber Plans To Get Flying Taxis Off The Ground

“I remember DoT studies in the ’60s about the great future of [VTOL] air taxis,” says Hubert Horan, an airline industry veteran, transportation consultant, and stanch Uber critic. “Now we can have service every 15 minutes from Philadelphia to New York. You know, pie in the sky stuff.”

VTOL mechanics are too complex with big gas engines, says Moore. Only the U.S. military can afford such craft, like the V-22 Osprey. In the past, says Moore, “The amount of claptrap that was required just to get the vehicles into the air was so crazy that the maintenance, the payload [capability], were just horrible.”

Eric Allison [Photo: Sean Captain]

The technological breakthrough he and his tribe needed came from a surprising place–model airplanes. So says Eric Allison, former CEO of Larry Page’s electric airplane venture Zee.Aero (now called Cora), who became head of Uber Elevate in March. That change came in the late 1990s and early 2000s with “brushless motors”–light, high-efficiency electric motors controlled by silicon chips.

“The simplification of the technology, combined with the sophistication that can be pushed into the software, has completely changed the landscape of what you can do with these flying vehicles,” says Allison. “It’s that basic insight, applied to larger scale airplanes… that Mark had pretty early on.”

Instead of one or two big, noisy, gas-powered engines, eight or 10 smaller electric motors can be distributed around the plane, to fine-tune airflow over the vehicle. Running on cheap electricity at over 90 percent efficiency, these

Article source: https://www.fastcompany.com/40522758/how-uber-plans-to-get-flying-taxis-off-the-ground

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7 Stocks That Should Stay Away From Stock Buybacks

Certain companies should not do stock buybacks. Take Amazon.com, Inc. (NASDAQ:AMZN). It hasn’t repurchased its shares since the first quarter 2012 when it bought back $960 million at $181.13 a share.

In case you’re wondering, that’s a 765% return (43.3% compounded annually) on its investment. You’d think with a return like that, Jeff Bezos would be buying AMZN stock with both hands. Nope, not a cent, but here’s a scarier fact:

Amazon paid 17% less per share for its 2012 stock buybacks than the midpoint of its stock price that year — high of $264.11 and low of $172.00 — so it did an exceptionally good job timing its purchases. Think that’s a fluke? In 2011, it paid $277 million ($184.67 per share) to buy back its stock. The midpoint in 2011 was $203.65 — high of $246.71 and low of $160.59 — which means Amazon paid 9.3% less its midpoint that year, another good job buying back its stock.

In the six years since its last stock buybacks, Amazon has averaged an annual total return of 45%. It’s almost as if the brain trust in Seattle knew its stock price was going to increase almost 800% over the next six years.

Jeff Bezos instinctively knew that capital allocation levers such as stock buybacks are best pulled only on special occasions.

Here are seven other companies who shouldn’t do stock buybacks regularly.

Companies Who Shouldn’t Do Stock

Article source: https://investorplace.com/2018/05/7-stocks-that-should-stay-away-from-stock-buybacks/

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The Miserable Economy Airline Seat Got A Major Redesign

The Eco Seat, which was also presented in Hamburg, shares the mission of the airplane saddle: to give airlines a way to increase passenger density. But PearsonLloyd–a London-based design studio focused on aviation, workplace, healthcare, and urban environments–is aiming to maintain a fair balance between airlines and passengers.

As I discovered speaking via email to cofounder and director Luke Pearson, finding that balance is a serious challenge. The studio’s objective was to make passengers more comfortable and make the cabin feel roomier, all while keeping the seat’s weight as light and strong as the industry demands. Here’s how they did it.

[Image: PearsonLloyd]

Pick Two: Light, Strong, Or Comfortable

The matter of weight is extremely important for airlines, and the cost of fuel needed to carry a single pound can quickly add up. For instance, a single 4.5-pound laptop adds $138 in fuel per year of flight in a single plane. If, say, an average of 50 passengers bring their own laptop on Delta’s fleet of 724 airplanes every day, it would cost the airline almost $5 million per year.

The Eco Seat is designed around a thin, carbon fiber composite shell and a central “spine” that provides all the structural support and contains all the seat’s functional parts, like the audiovisual module and the tray. Unlike the boxy, flat profile of a traditional seat, the design uses this thin, curving spine to greatly reduce the volume and material of the seat, which the studio says adds an inch of extra space

Article source: https://www.fastcodesign.com/90169957/the-miserable-economy-airplane-seat-just-got-a-major-redesign

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Boeing Nears Deal to Buy Aerospace-Parts Specialist KLX

Boeing
Co.


BA -1.21%

is nearing a deal to buy aerospace-parts specialist KLX Inc. as part of its expansion into the aircraft-services business, according to people familiar with the matter.

The companies are expected to announce a deal Monday, the people said, though it is possible the plan could be derailed. In December, KLX announced it had initiated a sales process in response to expressions of interest, and Boeing has had competition in its pursuit of the company from at least one private-equity firm.

The terms and structure of a KLX deal with Boeing couldn’t be learned. As of Friday morning, KLX had a market value of about $3.7 billion after a strong run since the December announcement. Boeing has a market value of around $200 billion following a recent surge in its shares.

The proposed KLX deal would be the largest acquisition so far in Boeing Chief Executive

Dennis Muilenburg’s

ambitious plan to triple sales from services to as much as $50 billion within a decade. He said this week that the Boeing Global Services unit was looking for deals.

Boeing has a

Article source: https://www.wsj.com/articles/boeing-nears-deal-to-buy-aerospace-parts-specialist-klx-1524850049

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Does Cabin Wi-Fi Provide a Direct Connection to Higher Aircraft Resale Value?

Wi-Fi value: What’s the ROI?

Let’s say you’re fortunate enough to be flying an airplane with a modern Wi-Fi system and you’re thinking of selling. What return can you expect on that investment?

“There is a relationship to what that system originally costs,” explains Jay Mesinger, CEO and president of Mesinger Jet Sales. “You can expect a return of 0 to 25 percent for a legacy system; about 40 percent for a newer system that may not deliver the exact capabilities the next owner wants; and 75 to 80 percent of hardware value for a modern Gogo system.”

Notes Dennis Rousseau, president and founder of AircraftPost: “The biggest mistake I see owners make is over-equipping their aircraft compared with others on the market. As with anything in an airplane, you can easily go overboard and add too many capabilities. The smart thing is to install a package that will fit your needs until the airplane sells.

“Every system has some drawbacks,” he adds. “If you try to eliminate all the possible technical problems, you’ll end up installing a system that the next owner may not want to pay to use. That will negatively impact its value.”

Says Jim Becker, an accredited senior appraiser for Elliott Jets: “I just did an appraisal on a 2015 Falcon 7X that belonged to a bond trader. It has Wi-Fi, satellite TV, and all the rest. In his business, he could not afford to be out of touch with the bond market. It was a unique installation that was created

Article source: https://www.ainonline.com/sponsored-content/business-aviation/2018-05-01/does-cabin-wi-fi-provide-direct-connection-higher-aircraft-resale-value

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