Peer 1 Hosting to buy NetBenefit for $38.5 million

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Romney: Wisconsin result extends beyond state borders

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CNBC: Tougher laws needed to save teen drivers

By Phil LeBeau, CNBC correspondent

?The statistics are sobering.

A new study by the Insurance Institute for Highway Safety says states could substantially cut the number of deadly car crashes involving teen drivers if they put more restrictions on licensing teens.

Some examples from the IIHS:

  • Delaying the age of licensing drivers by a year to 16 or 17 would cut fatal accidents 13 percent
  • Not allowing teens to drive at night could lead to 20 percent drop in deadly crashes with teen drivers.
  • Banning teenagers from driving with other teens in the car would reduce fatal car collisions by 21 percent.

The common theme in all these suggestions is limiting potential distractions for teens or potentially deadly scenarios until they have more experience behind the wheel.

"The longer parents wait for their teens to get their permit, the longer licensure is delayed, the lower the crash rates," says Ann McCartt with the Insurance Institute.

The problem is that not all states are pushing tighter licensing restrictions.

For example, in South Dakota the minimum age to get a driver?s license is 14 years, 3 months. There are probably some 14 year olds who can handle driving a car, but a lot more who lack the maturity needed behind the wheel.

When I look back at some of the stupid stuff I pulled while driving as a 16 year old, I shudder the memories. My guess is that most people (including lawmakers) feel the same way.

It's time they step up and realize they have the chance to dramatically cut teen driving accidents by passing tougher laws.?

More from CNBC.com:

Most dangerous cities for driving

Best cars for commuting

Car redesign failures

Auto sales to really take off this summer?

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Best Relationship Break Up Help Book | Making up

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Health problems associated with obesity - HEALTH, BEAUTY ...

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Sycamore Partners buying Talbots for $193.3M

(AP) ? The struggling women's clothing chain Talbots is being taken private by Sycamore Partners for about $193.3 million in cash, an abrupt turnaround after buyout talks appeared to stall last week.

Talbots said Thursday that its stockholders will receive $2.75 per share, which is less than the $3.05 per share previously offered by the private equity firm, but more than double Wednesday's closing price of $1.29. It's also a 76 percent premium to the closing price on December 6, when Sycamore made its first offer of $3 per share.

The Hingham, Mass. retailer has about 70.3 million outstanding shares, according to FactSet.

Including debt, the companies value the transaction at about $369 million.

Shares of The Talbots Inc. nearly doubled to $2.57 in premarket trading when the news was announced.

"We are pleased with the value this transaction delivers to our stockholders and believe that this is a positive development for all of our stakeholders," Talbots President and CEO Trudy Sullivan said in a statement.

Talbots said Friday that a deadline expired on its exclusive talks with Sycamore without a deal in place. Sycamore had told Talbots that it wasn't prepared to execute a transaction at that time. Talbots said it remained open to pursuing a transaction with Sycamore but since the exclusivity period had expired, it would actively explore other options.

Talbots has struggled for some time, posting annual losses for four of the past five years. The company tried to reverse its downward spiral by cutting jobs, closing stores, lowering inventory, limiting marketing spending and trimming employee hours as it actively considered its strategic alternatives.

Talbots' board has approved the acquisition by Sycamore, which is expected to close in the third quarter.

The company had 516 stores in 46 states and Canada at the end of the first quarter.

Associated Press

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Kopitar's OT goal lifts Kings 2-1

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Upgrade your computer with a Dell and Windows 7 | Dell tower ...

Dell tower, Windows 7 ultimate 64 bit upgrade

Computers are essential in today?s world. Be it for work or leisure we have become quite dependent on computers. While computers are important to everyday life they need upgrading once in a while to keep up with software. A mainstream desktop would have a running life of about 3 years at most before it requires an upgrade.

The key to extending that shelf life would be to get a desktop with a good configuration. Among the desktop computers that you can upgrade to the ones from Dell make a lot of sense. The Dell desktop computers are quite reasonably priced and are highly customizable. If you are looking for a desktop for an office or home office then the Dell Optiplex series would be a great option. The Mini Optiplex Dell tower 469 is one of the most efficient and value for money desktops you will find. This desktop is designed quite well and it doesn?t take up much space.

This desktop comes with a dual core third generation Intel i3 processor running at 3.30 GHz. This processor might not be the top end of Intel?s latest line of processors but it does its job and will handle most applications you throw at it. This desktop also features about 4 GB of RAM which can be upgraded to 16 GB in case you need it. This desktop Dell tower comes with about 500 GB of hard drive space which can be upgraded to about 1.5 TB should you need the storage space. The expansion ports of this desktop are quite impressive. This desktop comes with about 10 USB ports, 1 HDMI port, and 1 VGA port. Thanks to its expansion capabilities you can connect all your external devices without having to unplug any of them.

Lastly this desktop comes with Windows 7 Professional. The Windows 7 ultimate 64 bit upgrade option is present in case you need to access the features present in the Ultimate edition.

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