Mexico City pushes for order with parking meters






MEXICO CITY (AP) — Every day before dawn, dozens of men appear in the Mexican capital’s hip Condesa neighborhood and block off parking spaces along entire streets using water jugs, cardboard boxes, buckets, crates and even blocks of cement.


As visitors start arriving for the district’s restaurants, organic food stores, boutiques and art galleries, the men collect 20 to 40 pesos ($ 1.50-$ 3), remove the obstructions and let drivers park.






Here and in other well-to-do areas of traffic-choked Mexico City, authorities are trying to take back the streets by installing parking meters. They say the meters will make the area safer and more orderly, as well as encouraging less driving, which will be a boon for a polluted city with more than 4 million cars.


Residents of Condesa, a bohemian neighborhood of 70,000 residents who rub shoulders every day with 170,000 visitors, will decide in a referendum Sunday whether they want the meters on their streets.


Many are vehemently opposed, hanging banners from balconies to attack meters, saying the streets are public and no one should profit from them. But others hope the plan will cut down on cars from elsewhere. Parking has become so critical that some Condesa residents have seized their own pieces of the street by erecting removable metal bars that jut from curbs in front of their homes.


Often the only option is to pay the ad hoc attendants, known as “franeleros” for the rags — “franelas” — they use to signal cars in and out of parking spaces they have commandeered. Not paying could mean returning to a broken windshield wiper, a long key scratch along a door or, in extreme cases, a smashed window.


Another option is to leave car and keys with valet parking attendants, who also block spaces for their clients.


“There are times when you drive and drive around and when you finally find a parking spot along comes a man to charge you for it. It really makes me mad,” said resident Elizabeth Ramos, 39, who said she plans to vote “yes” on meters.


Authorities laud the success of the machines that were installed in another affluent neighborhood, Polanco, a year ago.


“Polanco was the parking lot of the whole city,” said Maria Ignacia Moran, a community activist. “Office workers would leave their cars here all day, leaving behind traffic chaos because many of the cars were doubled parked, left on sidewalks. And at times the franeleros even parked them in our driveways.”


Traffic in Polanco is now more orderly, open parking spaces can generally be found and franeleros have largely disappeared, at least when the meters are in operation. And money from the meters helps pay for increased police patrols and improved streets, sidewalks and other infrastructure, according to Erwin Crowley, executive director of the city’s Public Space Authority.


“Polanco is a very good example of how to recover the public space,” he said.


One reason the meters help chase off franeleros is that EcoParq, the company operating the machines, has a financial incentive to summon police when anyone tries to block off a parking space without paying.


Prior to the arrival of meters in Polanco, franeleros charged 20 to 40 pesos for a day of parking. Current meter fees are 8 pesos (65 cents) an hour, or about 64 pesos ($ 5) a day, a sum that adds up for those who work in the area. For residents without their own parking spots, the city will issue one permit per home exempting a single car from paying the meter fee.


Crowley said meters have pushed people to find other modes of transportation to Polanco. “Before we had 10,800 cars coming into the district each day. We have cut that to 5,400,” he said. Some of those drivers simply started parking in nearby neighborhoods, which have seen an increase in traffic. So authorities have begun installing parking meters there as well.


Officials also play up security in pushing the parking meters. Posters plastered throughout Condesa warn that franeleros could be used by criminals because they spend entire days on the same streets, learning the habits of residents.


“They can be very aggressive and that’s always uncomfortable,” said Maria Antonieta Cendejas, 67, who owns a convenience store in Condesa near Parque Mexico, where franeleros have taken over her street. “I used to remove their buckets but then they started placing concrete blocks and I couldn’t move them.”


Opponents of meters say authorities should focus on better planning and stop allowing restaurants, bars and office buildings that don’t provide parking.


“The main problem is not the franeleros but all the businesses that have opened up and have no parking,” said Antonia Romero, 67, who has lived by Parque Mexico for 35 years. “We used to have parking lots, but they have been replaced them with apartment buildings.”


Luis Hernandez used to earn a living by selling candy and potato chips at a street stand near Condesa, but he said officials closed it down because he didn’t have a permit. So he began working as a franelero along Parque Mexico.


“The government will leave a lot of people without anything to eat,” said Hernadez, 31. “I’m really mad about all of this because all we want to do is work.”


He said that if parking meters are installed in Condesa, he will work running errands for people.


“What else could I do?” he said.


Latin America News Headlines – Yahoo! News





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America’s national parks weigh solitude against cellular access






SALMON, Idaho (Reuters) – As cell phones, iPods and laptops creep steadily into every corner of modern life, America’s national parks have stayed largely off the digital grid, among the last remaining outposts of ringtone-free human solitude.


For better or worse, that may soon change.






Under pressure from telecommunications companies and a growing number of park visitors who feel adrift without mobile-phone reception, the airwaves in such grand getaway destinations as Yellowstone National Park may soon be abuzz with new wireless signals.


That prospect has given pause to a more traditional cohort of park visitors who cherish the unplugged tranquility of the great outdoors, fearing an intrusion of mobile phones – and the sound of idle chatter – will diminish their experience.


Some have mixed emotions. Stephanie Smith, a 50-something Montana native who visits Yellowstone as many as six times a year, said she prefers the cry of an eagle to ring tones.


But she also worries that future generations may lose their appreciation for the value of nature and the need to preserve America’s outdoor heritage if a lack of technology discourages them from visiting.


“You have to get there to appreciate it,” Smith said. “It’s a new world – and technology is a part of it.”


Balancing the two aesthetics has emerged as the latest challenge facing the National Park Service as managers in at least two premier parks, Yellowstone and Glacier national parks, consider recent requests to install new telecommunications towers or upgrade existing ones.


There is no system-wide rule governing cellular facilities in the 300 national parks, national monuments and other units the agency administers nationwide. Wireless infrastructure decisions are left up to the managers of individual park units.


The agency’s mission statement requires it to protect park resources and the visitor experience, but each individual experience is unique, said Lee Dickinson, a special-uses program manager for the Park Service.


“I’ve had two visitors calling me literally within hours of each other who wanted exactly the opposite experience: One saying he didn’t vacation anywhere without electronic access and the other complaining he was disturbed by another park visitor ordering pizza on his cell phone,” Dickinson said.


CAN YOU HEAR ME NOW?


Wireless supporters say more is at stake than the convenience of casual phone conversations. Cellular providers say new wireless infrastructure will boost public safety by improving communications among park rangers and emergency responders.


They argue that the ability to download smartphone applications that can deliver instant information on plants and animals will also enrich park visitors’ experiences.


“Our customers are telling us that having access to technology will enhance their visit to wild areas,” said Bob Kelley, spokesman for Verizon Wireless, which is seeking to install a new 100-foot cell tower at Yellowstone.


Rural communities that border the national parks also stand to benefit from enlarged cellular coverage areas.


On the other side of the debate, outdoor enthusiasts worry that bastions of quiet reflection could be transformed into noisy hubs where visitors yak on cell phones and fidget with electronic tablets, detracting from the ambience of such natural wonders as Yellowstone’s celebrated geyser Old Faithful.


Expanding cellular reception may even compromise safety by giving some tourists a false sense of security in the back country, where extremes in weather and terrain test even the most skilled outdoorsman, according to the National Parks Conservation Association.


Tim Stevens, the association’s Northern Rockies director, said distractions like meandering moose already challenge the attention of motorists clogging park roads at the height of the summer tourist season.


“People brake in the middle of the road to watch animals. The added distraction of a wireless signal – allowing a driver to text Aunt Madge to say how great the trip is – could have disastrous consequences,” he said.


Yellowstone already offers some limited mobile-phone service, afforded by four cellular towers previously erected in developed sections of the park.


But vast swathes of America’s oldest national park, which spans nearly 3,500 square miles across the states of Wyoming, Montana and Idaho, still lack wireless reception in an age dominated by Wi-Fi and iPad users who expect access even in the most remote locations.


Park officials see definite signs that a portion of the roughly 3 million annual visitors to Yellowstone, which crafted a wireless plan in 2008, are finding the lack of cell phone coverage disconcerting.


Park spokesman Al Nash said he routinely fields calls from anxious relatives of Yellowstone visitors unable to contact their loved ones.


“They say, ‘My gosh, my niece, daughter or parents went to Yellowstone, and we haven’t heard from them for three days,’” he said.


(Reporting and writing by Laura Zuckerman; Editing by Steve Gorman and David Gregorio)


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Obamas join military families for kids’ concert






WASHINGTON (AP) — First lady Michelle Obama and daughters Sasha and Malia are rocking out with hundreds of kids from military families and Washington-area public schools at the Kids’ Inaugural Concert.


Pop star Usher started off the proceedings Saturday evening with his hit song “Yeah.” The concert is chock-full of A-list talent, including Katy Perry, Mindless Behavior and members of the cast of the Fox series “Glee.”






The concert continues a tradition started at the 2009 inauguration by honoring the nation’s military families. It’s being hosted by Mrs. Obama and the vice president’s wife, Jill Biden, and emceed by Nick Cannon.


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Americans roll up sleeves in day of service before inauguration






WASHINGTON (Reuters) – From sprucing up hiking trails to painting schools, Americans across the country, including President Barack Obama and his family, took part in a national day of service on Saturday to help kick off presidential inauguration ceremonies.


The day honors the slain civil rights leader Martin Luther King Jr., who famously said, “Life’s most persistent and urgent question is: ‘What are you doing for others?’” Obama will be publicly sworn in for a second term on Monday, which is also a national holiday honoring King.






Before his first inauguration in 2009, Obama urged Americans to spend part of January 19 helping others by volunteering. This year, the Presidential Inaugural Committee asked people both to volunteer on Saturday and pledge to do more service work throughout the year.


Obama and his wife, Michelle, accompanied by their daughters, Malia and Sasha, rolled up their sleeves to spruce up an elementary school in Washington. After varnishing some bookshelves, both Obamas spoke to about 300 other volunteers and noted the importance of getting young people to get in the habit of helping out.


“I want to say thank you to the parents, for showing early on to all our young people how gratifying, how fulfilling this is,” Obama said. His wife added, “We’re passing on the baton to you all.”


Beau Biden, the son of Vice President Joe Biden, and Chelsea Clinton, daughter of former President Bill Clinton, helped launch a volunteer fair on Washington’s National Mall.


“The national day of service is a wonderful way to honor the legacy of Doctor King, to kick off this inaugural weekend,” said Biden, the attorney general of Delaware and an Iraq war veteran.


“Despite all the talk of how divided we are as a nation, more and more Americans are coming together to serve each other every day. Volunteerism in America is at a five-year high,” Biden said, noting that Americans spent 8 billion hours giving back to their communities in 2011.


Service projects were set up in all 50 states, and the inaugural committee offered links online to find projects ranging from clearing invasive plants from a hiking trail to feeding the hungry to putting together packages for U.S. troops overseas.


Sharon Mudd, a high school English teacher in Maryland, went to the National Mall to get some ideas for her students.


“I want to make sure that they realize that with privilege comes responsibility,” she said.


Memona and Huda Shahid, 17-year-old twins from Chicago, were at the National Mall as part of a high school trip to Washington.


“As young adults, you get experience volunteering. For example, we want to study medicine, so we volunteered in a hospital,” said Memona. “The important thing – when you volunteer do it from the heart.”


(Editing by Alistair Bell and Peter Cooney)


Health News Headlines – Yahoo! News





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How 30 Rock Made Office Life Fun






(Corrects number of Emmy nominations and wins in first sentence.)


When NBC’s comedy 30 Rock ends its seven-season run on Jan. 31, it will be memorialized for its fast and furious jokes, its 97 Emmy nominations and 14 victories, and the masterful, bone-dry line readings of Alec Baldwin as NBC suit Jack Donaghy, the most indelible 1 Percenter on television since C. Montgomery Burns. (At Harvard Business School, Donaghy was voted “Most.”) Yet 30 Rock should also be remembered for its upbeat perspective on the joys and satisfactions—and inanities and frustrations—of office life. As Jack says to Liz Lemon (played by the show’s creator and executive producer, Tina Fey) in season one: “Business doesn’t get me down. Business gets me off.”






30 Rock wasn’t the first of its kind, of course. “The big mother of office sitcoms was The Mary Tyler Moore Show,” says Robert Thompson, a professor of TV and pop culture at Syracuse University. “In the early ’70s, TV comedy moved its focus from the nuclear family to the office.” More women were entering the workplace, and then, as now, most of viewers’ waking hours were spent with their institutional families rather than their biological ones. “Liz Lemon owes a lot to Mary,” says Thompson. “But her and her colleagues’ Seinfeld-like self-absorption about their jobs is what makes the show unique and modern.”


Compare 30 Rock with other current workplace comedies. On The Office, also in its final season, work smothers the protagonists, who seek any momentary escape from its drudgery. On Parks and Recreation, local politico Leslie Knope (Amy Poehler) is devoted to her job wholeheartedly, but her satisfaction comes from its impact on the community. By contrast, the work accomplished on 30 Rock seems to please no one but the workers themselves. “Surprisingly enough 30 Rock embraces Freud’s dictum: All there is in life that is worth anything is love and work,” says Richard Walter, screenwriting chairman at UCLA School of Theater, Film and Television.


Liz is head writer for the low-rated, late-night sketch show TGS with Tracy Jordan, a program that TV Guide once called “still on.” (Liz had the article framed.) Jack’s entire identity and astonishing ego revolve around being an executive. “Remember that time I came back from the World Economic Forum with mono and missed a week of work, and I wanted to pull my hair out but couldn’t because it’s too thick?” he reminisces. A General Electric (GE) lifer, Jack never became chief executive officer as he dreamed, because the fictional GE sold NBC to the cable provider Kabletown after the real-world network’s sale to Comcast (CMCSA). Desperate for some high-level business sparring, Jack negotiates Liz’s contract for her, against himself, in a back-and-forth tour de force at an Upper West Side Tasti D-Lite.


48beb  etc opener04  01inline  405 How 30 Rock Made Office Life Fun


Liz and Jack’s careers are, essentially, jokes—jokes that each is committed to like crazy. They’re not helping others, making great art, or living up to their ambitions. Liz’s show stinks. Jack is tripped up by a CEO who refuses to announce a successor after “a beam of light” tells him to reappoint himself. Their work is ridiculous; and yet, it’s everything. “30 Rock is to working what The West Wing was to politics,” says Thompson. “It glamorizes office life in an amusing, over-the-top way. For all the problems at 30 Rock, and there are many, it seems like a fun place to work.” As Liz puts it, “As crazy and stressful as this place is, not being here is worse.”


But it’s not all frivolous. Liz is the rare female heroine whose love of her job is valorized, even though she isn’t saving babies or solving crimes. (The show skewered the conversation about women “having it all”—other characters ran away in terror when Liz brought up the subject.) Take the 2009 episode in which Liz is forced on hiatus due to a sexual harassment complaint; she’d tried to seduce a consultant to maintain her show’s budget. She befriends a group of stay-at-home women and gets into shopping and girl talk, but it turns out her new friends are so unfulfilled that their coffee klatch is a cover for a fight club. Liz returns to her beloved office, exulting, “I’m back, nerds!”


And though Liz’s tumultuous personal life was an ongoing thread, her marriage this season (wearing a Princess Leia costume) was a rejoinder to any suggestion that she put love before her job. The wedding was sweet, but it wasn’t the most important day of Liz’s life. It recalled a telling moment in Bossypants, Tina Fey’s book, when she describes breastfeeding as the most gratifying thing she’s ever done, “except for several very satisfying work-related things.”


Jack, impressed by Liz’s devotion to TGS, becomes her mentor, echoing the long relationship between Fey and 30 Rock and Saturday Night Live producer Lorne Michaels. HR rep Jeffrey Weinerslav (“it’s pronounced ‘wiener-slave’ ”) describes the Liz-Jack relationship as “the longest and perhaps most meaningful [one] in your life.” At that, they both tear up in recognition. Similarly, Kenneth Parcell (Jack McBrayer), a wide-eyed NBC page, is so inhumanly dedicated to his job and his “best friends” at TGS that he turns down repeated opportunities for career advancement. “The overarching principle that drives 30 Rock is family,” says Walter. Even Tracy Jordan, the loose cannon played by Tracy Morgan, can’t shake the crew—after briefly quitting, he returns to continue his relationship with Kenneth. (“You and me, it’s not gonna be a one-way street,” Tracy says to Kenneth. “Cause I don’t believe in one-way streets. Not between people, and not while I’m driving.”)


“Workplace comedies inevitably end in the breakdown of the institution,” says Thompson. “On Cheers, Sam is left alone in the bar; on Mary Tyler Moore, everyone gets fired; on M*A*S*H the war ends. It’s a bittersweet notion, especially today when we aren’t staying at jobs for very long and know that feeling of leaving our surrogate families,” he says. However 30 Rock ends, its cast is already in mourning. On the last day of filming, Alec Baldwin tweeted, “Lots of tears today at SilverCup as we head into the home stretch. Thank you, Tina Fey.” At the wrap party, Fey said, “The thing I’m most proud of about the show is that it was a really nice place to work for over 200 people for seven years. … That will always stick in my mind, even more than the comedy we made.”


For viewers who toil in ever more metric-dominated jobs, where you’re only as good as your last quarter, one of 30 Rock’s most endearing traits is the way its characters’ passion for work wasn’t contingent on returns. That’s particularly welcome when the economy has kept so many of us grateful for any steady job, even one that doesn’t live up to our expectations. Fey and her writing staff also labor in a field where external results—ratings, renewals, syndication windfalls—depend on a fickle American public. Worthy shows fail; absolute garbage can run for years. The best work experience may have zero correspondence with success. The people of 30 Rock learned to appreciate a good gig when they had it, and for 30 minutes a week they gave us a place where business couldn’t get us down.


Businessweek.com — Top News





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Australia pray for bad boy Tomic to come good






MELBOURNE (Reuters) – Wayward talent. Flawed genius. Wasted potential.


Few athletes have inspired so many backhanded compliments as Australia’s Bernard Tomic, who has alienated the country’s entire tennis establishment while keeping his fans in the palm of his hand.






The lanky 20-year-old has packed a lot into a year, going from the toast of the nation with a fourth-round run at his home grand slam in 2012, to a pantomime villain booted out of the Davis Cup team for a perceived lack of commitment.


In the space of a week, the pendulum of public opinion has swung back in Tomic’s favor at Melbourne Park.


The Australian number one will head into Saturday’s third-round clash against Roger Federer willed on by 15,000 of his compatriots at Rod Laver Arena.


The 43rd-ranked Tomic brings a lone ATP title on his resume, won at the Sydney International in the leadup, versus Federer’s 17 grand slam titles.


He has not let the gulf in achievement quell his bluster, however, declaring himself full of the belief to win.


The Federer clash will be a re-match of their fourth-round encounter at Melbourne Park last year, when a marginally more humble Tomic was spanked in straight sets.


Tomic’s performance against Federer after another year’s development will be under the microscope, according to Mats Wilander, who says the player’s unorthodox style – and his willingness to trust – are his greatest assets.


“When you’re trying to play like everyone else, running around and hitting forehands as often as possible…then you can see there’s a limit to it,” he told Reuters.


“But with Bernard he gets into a zone and he doesn’t see Djokovic the other side, he sees the opportunities.


“We don’t know how good he can be. No one should ever think that they could put a limit on someone who plays that unorthodox with so much feel,” added Wilander.


PLAYBOY IMAGE


“For me there’s really only physically that he can be stopped. Mentally and feel-wise he’s as good as the best players in the world.”


Wilander’s analysis jars with the enduring image of Tomic on Australian television, a sports car driving playboy in Queensland’s Gold Coast getting into trouble for thumbing his nose at traffic police.


Tomic, who is still coached by his father and cosseted by his team, has been accused of being lazy by Davis Cup captain Pat Rafter, who expressed concerns he would never fulfill his potential.


The criticisms appeared justified as the player appeared to stop trying in a series of matches last year, earning the nickname “Tomic the Tank Engine”.


Other Australian tennis identities have queued up to lay the boot in, with his former coach declaring him a ‘lost soul’ and former U.S. Open champion Sam Stosur suggesting he needed to “knuckle down” in his career.


Tomic’s success leading into his match against Federer has seen olive branches offered by Rafter, however, with Australia desperate for an heir to ageing former world number one Lleyton Hewitt.


But only hard work and time will tell if Tomic can make it, Swede Wilander said.


“Physically, I have no idea whether he can do two, three or four hours against Novak. That remains to be seen,” he added.


“To have the physical stuff that it takes, that they have, you’re talking about 1,000 hours of work and two hours in the gym every day for the next two years.


“You have to be willing to go to the gym and do pushups and thousands of hours and it hurts every second.


“Somebody needs to get that message across (to him) very clearly. This is what it takes. Why would you be in the game if you don’t want to be your best? And with his talent, that could probably mean being number one in the world.


“But he needs somebody to explain it to him.”


(Editing by John Mehaffey)


Australia / Antarctica News Headlines – Yahoo! News





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Exclusive: Japan’s Sharp cuts iPad screen output






TOKYO/SEOUL (Reuters) – Sharp Corp has nearly halted production of 9.7-inch screens for Apple Inc’s iPad, two sources said, possibly as demand shifts to its smaller iPad mini.


Sharp’s iPad screen production line at its Kameyama plant in central Japan has fallen to the minimal level to keep the line running this month after a gradual slowdown began at the end of 2012 as Apple manages its inventory, the industry sources with knowledge of Sharp’s production plans told Reuters.






Sharp has stopped shipping iPad panels, the people with knowledge of the near total production shutdown said. The exact level of remaining screen output at Sharp was not immediately clear but it was extremely limited, they said.


Company spokeswoman Miyuki Nakayama said: “We don’t disclose production levels.”


Apple officials, contacted late in the evening after normal business hours in California, did not have an immediate comment.


The sources didn’t say exactly why production had nearly halted. Among the possibilities are a seasonal drop in demand, a switch to another supplier, a shift in the balance of sales to the mini iPad, or an update in the design of the product.


Macquarie Research has estimated that iPad shipments will tumble nearly 40 percent in the current quarter to about 8 million from about 13 million in the fourth quarter, although Apple’s total tablet shipments will show a much smaller decrease due to strong iPad mini sales.


APPLE SHARES


Any indication that iPad sales are struggling could add to concern that the appeal of Apple products is waning after earlier media reports said it is slashing orders for iPhone 5 screens and other components from its Asian suppliers.


Those reports helped knock Apple’s shares temporarily below $ 500 this week, the first time its stock had been below the threshold mark in almost one year.


Apple, the reports said, has asked state-managed Japan Display, Sharp and LG Display to halve supplies of iPhone panels from an initial plan for about 65 million screens in January-March. Apple is losing ground to Samsung, as well as emerging rivals including China’s Huawei Technologies Co Ltd and ZTE Corp.


NO BIG CHANGE AT OTHER MAKERS


In addition to Sharp, Apple also buys iPad screens from LG Display Co Ltd, its biggest supplier, and Samsung Display, a flat-panel unit of Samsung Electronics.


Both LG Display and Samsung Display declined to comment.


A source at Samsung Display, however, said there had not been any significant change in its panel business with Apple, which has been steadily reducing panel purchases from the South Korean firm.


A person who is familiar with the situation at LG Display said iPad screen production in the current quarter had fallen from the previous quarter ending in December, mainly due to weak seasonal demand that is typical after the busy year-end holiday sales period.


Sterne Agee analyst Shaw Wu said some of the product cutbacks at Sharp are probably seasonal.


“The March quarter is almost always weaker than the December quarter,” he said, adding that Apple also consolidates suppliers of certain components during quarters with weaker demand. “The Korean manufacturers are more efficient and typically have lower costs.”


Apple’s iPad sales may have also suffered amid a weak Christmas shopping period that hurt other consumer gadget makers as well.


CROWD OF RIVAL PRODUCTS


Apple also faces stiffening competition in tablets from a growing crowd of rival products from makers including Samsung with its Galaxy and Microsoft Corp’s Surface. A consumer shift to smaller 7-inch screen devices, which Apple responded to late last year by launching its iPad mini for $ 329, are adding pressure.


BNP Paribas expects the iPad mini will eat into sales of the full-sized iPad, with the mini rise to 60 percent of total iPad shipments in the January-March quarter.


Looking to cut into Apple’s market share in the smaller segment are Amazon.com Inc with its Kindle and Google Inc with its Nexus 7.


CEO Tim Cook, who is credited with building Apple’s Asian supply chain, has overseen several gadget launches, including the iPhone 5, the latest iPad models and the iPad mini during his first year, is under pressure to deliver the kind of product innovations that wowed consumers during Steve Jobs’ tenure to keep his company’s profit growth stellar.


Sharp, which also supplies screens for the iPhone, has been working with its main banks on a restructuring plan after posting a $ 5.6 billion loss for the past fiscal year. To secure emergency financing from lenders including Mizuho Financial Group and Mitsubishi Financial Group it had mortgaged its domestic factories and offices including the one building screens for Apple.


In December, Qualcomm Inc agreed to invest as much as $ 120 million in Sharp and the two companies said they would work to develop new power-saving screens.


(Additional reporting by Poornima Gupta in San Francisco; Writing by Tim Kelly; Editing by Ken Wills and Richard Chang)


Tech News Headlines – Yahoo! News





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Schilling to sell bloody sock worn in Red Sox 2004 World Series






CAMBRIDGE, Massachusetts (Reuters) – Former Boston Red Sox pitcher Curt Schilling, owner of a bankrupt video game company, plans to auction off a blood-stained sock he wore in the historic 2004 World Series championship.


The sock, worn by Schilling in Game Two of the first World Series won by the Red Sox in 86 years, is expected to fetch more than $ 100,000 when it hits the auction block next month, Chris Ivy, director of sports at Heritage Auctions in Dallas, said on Thursday.






Schilling took the mound after having an unorthodox surgical procedure done on his injured right ankle, enabling him to pitch in Game Two of the team’s four-game sweep of the St. Louis Cardinals.


The sock had been on display at the Baseball Hall of Fame in Cooperstown, New York, since 2004, Ivy said.


Online bidding for the sock will open at $ 25,000 on February 4, followed by a live auction in New York on February 23, he said.


Last year, the state of Rhode Island sued Schilling and the former head of a state economic development agency over a $ 75 million loan guarantee the agency made to 38 Studios, a failed video game company owned by the retired baseball player.


The quasi-public agency made the loan in 2010 to lure Schilling, who promised to bring 450 jobs to the economically depressed state from neighboring Massachusetts. The deal was brokered by former Rhode Island governor Donald Carcieri.


38 Studios filed for bankruptcy in June, leaving Rhode Island taxpayers responsible for repaying roughly $ 100 million, including interest, to private investors who had bought bonds the state issued on behalf of the company.


The lawsuit charges some of the defendants committed larceny and permitted the video game company to rely on financial assumptions that were based on “known false assumptions.”


(Editing by Barbara Goldberg and David Gregorio)


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Event organizers brace for flu






This weekend will be big for movie buffs, football fans and Barack Obama. But as Americans flock to the Sundance Film Festival, the NFL playoffs and the Presidential Inauguration, the weekend could also be big for the flu.


About 35,000 Americans have been sickened by an early and nasty wave of influenza, according to the U.S. Centers for Disease Control and Prevention. And while the outbreak appears to be abating, flu activity is still widespread.






“Our biggest concern is people coming in asymptomatic but carrying the virus,” said Rob Allen, chief executive officer of Park City Hospital in Park City, Utah, the home of Sundance.


CLICK HERE to see 10 Sundance movies worth watching.


Utah is one of 33 states reporting high levels of influenza activity. And Park City, home to roughly 40,000 people, will more than double its population this weekend as actors, director, producers and fans fill its hotels, restaurants and theaters.


“We have 50,000 people coming in, potentially bringing with them flu from their areas,” said Allen, who partnered with local businesses to distribute hand sanitizer as visitors arrive. “If they practice good hand hygiene, hopefully they won’t spread it so we can keep it isolated.”


The flu virus spreads through microscopic respiratory droplets that travel six feet in a cough or a sneeze and survive on skin and other surfaces.


“And influenza can be spread by someone who’s not yet sick,” said Dr. William Schaffner, chair of preventive medicine at Vanderbilt University Medical Center in Nashville, Tenn. “They’ll become sick tomorrow, but today they’re emitting the virus as they exhale.”


The best protection against the flu, according to the CDC, is the flu shot. This year’s vaccine guards against three widespread strains of the virus and is 62 percent effective.


“We recognize that the vaccine is not 100 percent effective, but it’s the foundation on which all other protection is built,” said Schaffer.


CLICK HERE to see four flu shot myths busted.


Frequent hand washing and the use of hand sanitizer can also guard against the virus. The Georgia Dome – home of the Atlanta Falcons and Sunday’s National Football Conference championship football game – has hand sanitizer pumps at every entry gate.


“That’s standard policy for us,” said Jason Kirksey, a spokesman for the 70,000-seat stadium. “With any event we have here, the safety and security of our fans is our number one priority, and that includes protection from any kind of airborne disease.”


But football fans should still fight the urge to high-five and hug, according to Schaffner.


“School children are now taught that during an influenza outbreak, handshakes are out,” he said, describing how flu-fearing students are bumping elbows in lieu of high-fives. “But at exciting and emotional events, it’s hard to resist. So get vaccinated and try not to hug someone who’s coughing or sneezing.”


Sunday’s Presidential Inauguration is expected to draw 800,000 people to Washington, D.C., where the U.S. Department of Health and Human Services will man medical stations along the National Mall.


“Our advice for the inauguration is the same advice for a day-to-day basis,” said HHS spokeswoman Elleen Kane. “Make sure you get the flu shot; if you cough or sneeze, do it into your elbow; wash your hands frequently and keep them away from your nose and mouth; and if you feel sick, stay home.”


“It’s pretty hard to protect yourself from the flu when you are in a crowd,” said ABC News’ chief health and medical editor Dr. Richard Besser. “Sure, you can use hand sanitizer to clean your hands. But when the person next to you lets go with a big sneeze or a cough, you are sunk.”


And it’s not just the crowded events, according to Schaffner. “It’s the travel to and from the events,” he said, describing how packed airplanes and busy airports can teem with germs. “There’s only so much you can do when you’re in 13C and someone’s sneezing in 13B. It’s an unlucky row.”


So while the weekend will be big, it’s not worth risking the health of those around you, according to Besser.


“If you have a fever or you are just getting over the flu, stay home,” he said. “I know it’s hard to do when it’s an event you’ve really been waiting for, but it’s the right thing to do.”


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The Creator of American’s Old Design Really Dislikes New One






This week, American Airlines (AAMRQ) revealed a bold new look for its fleet, retiring a design that hadn’t changed since 1967. (Among others, Twitter didn’t like it.) We caught up with designer Massimo Vignelli, the creator of the airline’s outgoing logo, to ask his opinion.


What do you think of the redesign?






It has no sense of permanence. The American flag is great. I’m designing a logo now for a German company, and I’m using black, red, gold, and yellow. Why? Because national colors have a tremendous equity. They’re much more memorable. It rings the bell of identification. But the American flag has 13 stripes, right? Not 11. Did American add only 11 stripes [to the flag on the tail] because they are in Chapter 11? I don’t think two more stripes would have been a disaster. And there are only two colors shown instead of all three. So is it a different flag?


What about the new logo?


Now they have something other than Helvetica that’s not as good or as powerful. Then they did a funny thing: Some may see an eagle [next to it], some may see something else. And they don’t even say it’s the eagle—they say it could be the eagle.


When we originally designed the logo, I designed without the eagle. They wanted an eagle. I said, “If you want an eagle, it has to have every feather.” You don’t stylize and make a cartoon out of an eagle. Somebody else did the eagle, by the way.


You didn’t design American’s original eagle between the “AA”?


I refused to do it. We started without it, and the pilots threatened to go on strike because they wanted the eagle on American Airlines. There’s always been the eagle. But I wanted the eagle to be real. As a matter of fact, the post office eagle, I think, is terrific. If you do an eagle, do an eagle with the dignity of an eagle. Don’t make Mickey Mouse out of an eagle. That was my theory at the time. The office of Henry Dreyfuss did the eagle. They were hired to do the interior of the planes. They were the office that originally gave us the assignment of the corporate identity. Dreyfuss was the consultant to American Airlines. The eagle was OK. It wasn’t great. I’m not sorry to see the eagle go.


What were you trying to achieve with the original design?


Legibility, which is a very important element of an airplane. So we used Helvetica, which was brand new at the time. And we wanted to make one word of American Airlines, half red and half blue. What could be more American than that? And there were no other logos then that were two colors of the same word. We took the space away, made one word, and split it again by color. It looked great. The typeface was great. We proceeded by logic, not emotion. Not trends and fashions.


What was your reaction when you heard that American was getting a new design?


There was no need to change. It’s been around for 45 years. Every other airline has changed its logo many times, and every time was worse than the previous one. Fifty years ago there were very few logos in general. Somebody started to do logos and people started thinking that logos were important, and now there is a plethora and so many don’t make sense. You see the pages of the sponsors of a concert or an exhibition, and at the bottom there are 50 different logos. It’s ridiculous. A word is so much better.


American Airlines filed for bankruptcy and it’s undergoing a larger rebranding. Couldn’t you make the argument that it’s right to want a new image and identity? That the old look may be somewhat damaged?


This is the typical mistake that company presidents make: “I’ll change the logo, and the company will look new.” What you have to have is a president who knows how to run the company, and in that process knows how to evaluate the brand identity. Otherwise it becomes a wolf camouflaged by sheep. It’s still the same company that’s not going to be successful. They’re not going to solve their problems, they’re just going to increase their costs. As you know, one of the great things about American Airlines was that the planes were unpainted. The paint adds so much weight that that brings an incredible amount of fuel consumption. For some reason they decided to paint the plane. The fact is, weight is weight.


Design is much more profound. Styling is very much emotional. Good design isn’t—it’s good forever. It’s part of our environment and culture. There’s no need to change it. The logo doesn’t need change. The whole world knows it, and there’s a tremendous equity. It’s incredibly important on brand recognition. I will not be here to make a bet, but this [new logo] won’t last another 25 years.


Businessweek.com — Top News





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Judge slams banks defrauded by fake tycoon






LONDON (Reuters) – A British judge sentenced a fake property tycoon to seven years in jail on Thursday for defrauding two banks out of over 700 million pounds ($ 1.1 billion), but said the banks deserved some blame for poor risk controls.


“The two banks, Allied Irish Banks and Bank of Scotland, have undoubtedly acted carelessly and imprudently by failing to make full enquiries before advancing the money,” said judge Andrew Goymer as he sentenced Achilleas Kallakis, 44.






Kallakis was convicted by a jury at London’s Southwark Crown Court on Wednesday of two counts of conspiracy to defraud, in one of Britain‘s biggest-ever property scams.


Co-defendant Alexander Williams, 44, was convicted of the same counts for his role in producing forged documents to back up Kallakis’s applications for loans. Judge Goymer sentenced him to five years in jail.


“Both defendants took full advantage of the prevailing banking culture in which corners were cut and checks on applications were superficial and cursory,” the judge said.


The case stems from a series of loans worth a total of 740 million pounds secured by the fraudsters from Allied Irish Banks Plc between 2003 and 2008.


Lax paperwork and weak background checks were hallmarks of Irish banking before the country’s property bubble burst in 2008. Banks competed with each other to attract real-estate developers and often relied on personal guarantees to lend them individual loans running to hundreds of millions of euros.


The property binge precipitated Ireland’s financial crisis and eventual EU-IMF bailout.


The conviction of Kallakis and Williams is a success for Britain’s cash-strapped Serious Fraud Office (SFO), which was widely criticised last year for a botched investigation into the dealings of property barons Vincent and Robert Tchenguiz.


In another SFO victory on Thursday that had echoes of the Kallakis case, the director of a sub-prime loan company was sentenced in his absence to 7-1/2 years in jail for defrauding creditors including Barclays Plc to the tune of 100 million pounds.


The SFO said in a statement that Waheed Luqman, who fled Britain in 2011 after he was charged and is believed to be in Pakistan, was a director of Lexi Holdings, a property finance company that went into administration in 2006 with debts of over 100 million pounds.


He conspired with other members of his family to defraud creditors of the company, including Barclays which was its main lender, between 2000 and 2006, the SFO said.


“The Lexi accounts were doctored to create a false picture of the company’s profitability and creditworthiness. Money was drained out of the company to family members in Pakistan,” the SFO said.


“DEAL AT ALL COSTS”


A spokesman for Bank of Scotland, now part of Lloyds Banking Group Plc described the crime as “a sophisticated fraud committed by determined individuals” and said the bank had uncovered the fraud itself and had assisted the SFO.


At Allied Irish, a spokeswoman declined to comment on the judge’s remarks.


During a four-month trial, the jury heard that Kallakis had used the funds he obtained to build up a portfolio of 16 properties and to pay for his fleet of chauffeur-driven Bentleys, a private plane and helicopter and luxury yacht moored in Monaco.


The second count was related to a separate loan worth 29 million euros obtained between 2007 and 2008 from Bank of Scotland to convert a ferry into a super-yacht.


The loan was approved but only 5.7 million euros had been paid out when suspicions were raised.


The judge said the defendants had gambled and lost on the London property market, hoping that the fake guarantees they offered the banks would never be called in because the market “would go on expanding towards infinity”.


“While I do not equate the position of the banks with that of a householder or car owner who forgets to secure his house or car and becomes the victim of burglary or theft, they do bear some responsibility for what happened,” said Goymer.


The judge noted that Bank of Scotland had been warned by its lawyers about the risks of accepting a particular letter of assurance from a Swiss lawyer backing up Kallakis’s application for a loan.


“It almost beggars belief that senior management chose to disregard that warning in its rush to complete the deal at all costs,” he said.


(Additional reporting by Carmel Crimmins and Padraic Halpin in Dublin; Editing by Andrea Ricci)


Europe News Headlines – Yahoo! News





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Video game puts players in shoes of Syrian rebels






BEIRUT (AP) — A new video game based on Syria‘s civil war challenges players to make the hard choices facing the country’s rebels. Is it better to negotiate peace with the regime of President Bashar Assad, for example, or dispatch jihadist fighters to kill pro-government thugs?


The British designer of “Endgame: Syria” says he hopes the game will inform people who might otherwise remain ignorant about the conflict.






Views differ, however, on the appropriateness of using a video game to discuss a complex crisis that has killed more than 60,000 people since March 2011. Computer giant Apple has refused to distribute the game and some consider the mere idea insulting. Others love it, and one fan from inside Syria has suggested changes to make the game better mirror the actual war.


The dispute comes amid wider arguments about violent video games since last month’s shooting in Newtown, Connecticut, that left 20 children and six adults dead. This week, the National Rifle Association revised the recommended age for a new shooting game after criticisms by liberal groups.


Tomas Rawlings, who designed the Syria game, said he got the idea while watching TV pundits debate the possible consequences of directly arming Syria’s rebels, which Western nations have declined to do. He said he thought a game could explore such questions by allowing players to make choices and see their consequences.


“For those who don’t want to read a newspaper but still care about the world, this is a way for them to find out about things,” said Rawlings, the design and production director of U.K.-based Auroch Digital.


In the simple game, which took about two weeks to build, the player assumes the role of the rebels seeking to topple Assad’s regime. The play alternates between political and military stages. In each stage, the player sees cards representing regime actions and must choose the rebel response.


The choices seek to mirror the real conflict. The regime may get declarations of support from Russia, China or Iran to boost its popularity while the rebels receive support from the United States, Turkey or Saudi Arabia – reflecting the foreign powers backing the two sides.


In battle, the regime may deploy conventional military forces like infantry, tanks and artillery as well as pro-government thugs known as shabiha. The rebels’ choices include sympathetic Palestinian or Kurdish militias, assassins or jihadist fighters known as muhajideen.


Some of the rebels’ strongest attacks also kill civilians, reducing rebel popularity and seeking to reflect the war’s complexity.


All along, the player is given basic information about the conflict, learning that Islamists once persecuted by the regime now consider the fight a holy war and that the shabiha are accused of massacring civilians.


The game ends when one side loses its support or the sides agree to a peace deal. The player is then told what follows. The longer the fighting lasts, the worse the aftermath, as chaos, sectarian conflict and Islamic militancy spread.


The lasting impression is that no matter which side wins, Syria loses.


Rawlings said that’s the game’s point.


“You can win the battle militarily but still lose the peace because the cost of winning militarily has fractured the country so much that the war keeps going,” he said. “You can also end the war so that there is less of that.”


The game was released on the company’s website and as a free download from Google for Android devices on December 12. Rawlings submitted the game to Apple to distribute via its App Store but the company rejected it.


Apple declined to comment, but Rawlings’s rejection referred to a company guideline for mobile apps: ” ‘Enemies’ within the context of a game cannot solely target a specific race, culture, a real government or corporation, or any other real entity.”


Rawlings is modifying the game, though he worries it will weaken it.


“It will still be the same overall experience, but it will reduce the value of the game to inform people,” he said.


News of the game was greeted with a mix of interest and outrage online. Some complained that players can’t take the regime side, while others found it wrong to make a game about a brutal war.


“Rawlings has mistakenly understood the Syrian war as a nonchalant ‘experience’ that people can play while waiting for the train to work,” said Samar Aburahma, a university student of Palestinian descent in San Francisco who refused to try the game. “It is beyond insulting to Syrians, especially given the fact that war is ongoing.”


Others find it a valuable, if limited, approach to the conflict.


Andrea Stanton, a religious studies professor at the University of Denver who studies Syria, said she responded emotionally to the game.


“It isn’t really a fun game to play,” she said, noting that she was angry when she lost and felt dread when the frequency of deadly regime airstrikes went up as the game progressed – as it has in the real conflict.


“This a very sobering game in that you sense how quickly the military stakes escalate and how little the political phase has to do with actual Syrians,” she said.


She is organizing a campus activity for students to play and discuss the game.


“I think it is very valuable for teaching and getting people to experience a sense of the limited options the rebels face,” she said.


It is unclear how many people have played the game. Google says it has been downloaded as many as 5,000 times from its site, and Rawlings says more have played online. He guesses more than 10,000 people have tried it.


Few in Syria are likely to have played it, since fighting has made the Internet and even electricity rare in some parts of the country.


One 18-year-old Syrian gamer liked the game so much, however, that he sent Rawlings a list of suggestions for improvement.


Reached via Skype, he said the jihadist fighters should be called Jabhat al-Nusra, after an extremist rebel group that the U.S. has designated as a terrorist organization.


He also pointed out that few rebel groups have tanks, as they do in the game, and suggested new rebel tactics.


“Car bombs are used lots in Syria, so that would make the game more realistic,” he said.


He said he hoped the game would help people understand the situation.


“I wish there were a 3D strategy game about Syria so you could feel the destruction on the ground,” he said.


The player, who spoke on condition of anonymity for fear of reprisals, said his feelings playing the game often mirror his feelings about the war. He wants peace but can’t imagine the rebels accepting a negotiated solution given how many people have died.


“Right this second, I want the war in Syria to stop, but when you see what is happening on the ground there is no way to make peace,” he said. “When I play the game like a rebel, I have to reject the peace.”


___


Associated Press writer Michael Liedtke contributed reporting.


Online: http://gamethenews.net/index.php/endgame-syria/


Gaming News Headlines – Yahoo! News





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Minaj, Carey fail to boost “American Idol” audience






LOS ANGELES (Reuters) – The audience for “American Idol” slumped 19 percent to 17.9 million viewers, its lowest season opener, despite the debut of judges Mariah Carey, Nicki Minaj and Keith Urban, according to early ratings data released on Thursday.


The two-hour premiere of the show’s 12th season on Fox television also lost 19 percent of the 18-49 age group most coveted by advertisers, Nielsen figures showed. Total viewers dropped to 17.9 million from 21.9 million in 2012.






Despite the drop, “American Idol” was still the most watched show by a huge margin on U.S. television Wednesday night, beating all shows combined in the 18-49 demographic on the three other biggest TV networks.


Fox executives also noted that “Idol” beat the 2012 September premiere of NBC singing show rival “The Voice” by some 46 percent in total viewers.


“American Idol,” long a ratings juggernaut for Fox, lost its eight-year crown as the most watched show on U.S. television last year to “Sunday Night Football.”


Singers Carey, Minaj and country artist Keith Urban joined the show as judges after Jennifer Lopez and Aerosmith frontman Steven Tyler left last year.


Fox is a unit of News Corp


(Reporting By Jill Serjeant, editing by Stacey Joyce)


TV News Headlines – Yahoo! News





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U.S. faces drug shortages in treating multidrug-resistant TB






ATLANTA (Reuters) – More than 80 percent of health departments in the United States that treat tuberculosis resistant to standard treatment have trouble obtaining the drugs they need to cure the disease, according to a national survey released on Thursday.


Difficulties obtaining the drugs could be attributed to nationwide shortages, shipping delays and a complicated process for procuring new drugs that are still being tested, according to a National Tuberculosis Controllers Association survey of health departments.






The final results of the 2010 survey were released on Thursday and cited by the Centers For Disease Control and Prevention (CDC), which said possible solutions could include obtaining drugs from foreign manufacturers, stockpiling them, and creating an expedited approval process for new drugs.


“These shortages interfere with our ability to successfully treat TB,” Kenneth Castro, director of the CDC’s division of Tuberculosis Elimination, said in an interview on Thursday.


Multidrug-resistant tuberculosis accounts for about 1.5 percent of all cases in the United States, Castro said.


The survey found that the shortages and other problems that hindered access to the second-line drugs could promote development of drug resistance, the CDC said.


In the survey of 26 health departments that treated tuberculosis patients who were resistant to conventional drugs, 81 percent reported having trouble during the previous five years finding or paying for medicine that would be effective.


Tuberculosis is caused by airborne bacteria. Most cases can be cured with a six-month combination of four drugs, but patients resistant to the standard drugs face up to 24 months of taking five to six drugs that are “less effective, more toxic, and more costly than first-line drugs,” the CDC said.


The United States had about 10,528 cases of tuberculosis in 2011 and there were 529 deaths from tuberculosis in 2009, according to the latest full year CDC statistics available.


More than half of the health departments surveyed said difficulty finding adequate drugs for the multidrug-resistant tuberculosis, delayed treatment of their patients, the CDC said.


However, the CDC cautioned that because only 54 percent of the 61 health jurisdictions asked responded to the survey, the results might not accurately represent the national tuberculosis drug-shortage problem in general.


Of the 33 health departments that responded, 26 had multidrug-resistant cases of tuberculosis in the five years covered and 21 of those had difficulty obtaining the second-line drugs needed to treat the cases.


(Reporting by David Beasley; Editing by David Bailey)


Medications/Drugs News Headlines – Yahoo! News





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Citigroup profit hit by more than $2 billion in charges






NEW YORK (Reuters) – Citigroup Inc posted $ 2.32 billion of charges for layoffs and lawsuits in its first financial report under new Chief Executive Michael Corbat, who said the bank needs to do better for shareholders.


Earnings rose from a year earlier as trading revenue rebounded, but the result was well below Wall Street expectations and Citi shares were down 3.6 percent in Thursday afternoon trade.






“We are not satisfied with these bottom-line earnings,” Corbat told a conference call with analysts, the first time he has addressed them publicly since becoming CEO.


Asked what he would consider a mark of success for Citigroup‘s turnaround, he said, “We’ve got to get to a point where we stop destroying our shareholders’ capital.”


Corbat’s remarks left some disappointed.


“It was a stay-tuned type of message,” said Tom Lewandowski, an analyst at brokerage Edward Jones who recommends Citi stock. “I expected to hear more than we got,” particularly in the way of goals for company performance.


Corbat, who took the reins in mid-October after predecessor Vikram Pandit was ousted, said in an earlier statement that Citi’s various businesses were combating competitive and regulatory problems, as well as issues dating to the financial crisis that continue to plague the bank and its peers.


Citi shares rose in Corbat’s first three months as CEO, outpacing peers, as some investors welcomed Pandit’s departure and anticipated changes in the bank’s structure. But analysts said estimates of future earnings are likely to be revised based on what the bank reported on Thursday.


The quarter “falls way short of expectations” on two issues – higher-than-expected legal costs and no significant release of reserves for bad loans, Nomura analyst Glenn Schorr said in a note to clients.


Gary Townsend, president of hedge fund Hill-Townsend Capital LLC, said Citi may have used some discretion in the accounting judgments behind the results.


“It may be that the new CEO is holding back,” he said. “There’s no reason that the quarter when Pandit left and (Corbat) came in should be great. The board obviously felt in firing Pandit and hiring Corbat that changes needed to be taken, and the fourth-quarter earnings report reflects a great deal of that.”


PROFIT MISSES


There was relatively little in the way of 2013 outlook from the bank, though Chief Financial Officer John Gerspach did tell analysts that Citi expects interest margins to be steady in 2013 relative to 2012. Bank investors have had a close eye on margins lately due to fears that falling interest rates could crimp the profitability of lending.


Fourth-quarter net income was $ 1.2 billion, or 38 cents a share, compared with $ 956 million, or 31 cents a share, in the same quarter of 2011.


Revenue from fixed income markets increased 58 percent, driving Citi’s Securities and Banking segment back to profitability. Company-wide revenue, adjusted for certain items, increased 8 percent, while operating expenses were unchanged.


Results were reduced by new legal costs of $ 1.29 billion, or 27 cents a share, and a previously announced corporate restructuring charge of $ 1.03 billion, or 21 cents a share.


Gerspach said $ 500 million of the new legal costs came from what he called a variety of issues in the ongoing U.S. consumer banking business. He later said he expects legal costs to remain “somewhat elevated.”


Expenses recorded for changes in the value of some of the bank’s debt and obligations of derivatives counterparties were 10 cents a share, compared with 1 cent a year earlier.


Excluding the many one-time items, Citi said it earned 69 cents per share. On that basis, analysts polled by Thomson Reuters I/B/E/S on average expected 96 cents per share.


The operating earnings were 15 cents below the lowest of the 22 estimates that comprised the consensus forecast. It is the third year in a row that the bank’s fourth-quarter results have missed Wall Street forecasts by at least 20 percent, according to Thomson Reuters data.


Citi shares were down $ 1.53 to $ 40.95 in Thursday afternoon trading following the results. Through Wednesday’s close, the shares had risen 16 percent in the three months since Corbat became CEO, against a 6 percent rise for the KBW banks index.


(Reporting by David Henry and Lauren Tara LaCapra in New York; Writing by Ben Berkowitz; Editing by John Wallace and Tim Dobbyn)


Business News Headlines – Yahoo! News





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Canadian natives slow trade traffic in day of protest






TORONTO (Reuters) – Canadian natives slowed traffic on a bridge crucial to U.S.-Canadian trade on Wednesday as aboriginals across the country staged a “National Day of Action” to protest their living conditions.


Hundreds of natives, some wearing colorful dress and banging drums, blocked an access road leading to the Ambassador Bridge, according to the Globe and Mail, slowing traffic on a major trade artery that connects Windsor, Ontario, with Detroit, Michigan.






Thousands of commercial trucks cross the bridge daily, carrying approximately 25 percent of the goods traded between the two countries, which form the world’s largest trading partnership.


Under the banner of “Idle No More,” native groups promised to hold a series of protests to draw Ottawa‘s attention to poor living conditions and high jobless rates facing many of Canada’s 1.2 million natives.


A native protest shut down a rail line that carries passenger and freight traffic west of Winnipeg in the western province of Manitoba, according to a spokesman for Canadian National Railway Co.


Native groups complain that Canada has ignored treaties signed with British settlers and explorers that they say granted native peoples significant rights over their territory.


Canadian Prime Minister Stephen Harper agreed to pay more attention to the demands of First Nations groups in a meeting last week with aboriginal groups.


Ottawa spends about C$ 11 billion ($ 11.1 billion) a year on its aboriginal population, but living conditions for many are poor and some reserves have high rates of poverty, addiction, joblessness and suicide.


Native leaders also want Ottawa to rescind parts of recent budget legislation that they say reduces environmental protection for lakes and rivers.


Canadian Finance Minister Jim Flaherty said on Wednesday it would not be “desirable” if the protest damaged the economy.


“This is not a time to have even more challenges to the Canadian economy,” he told reporters on Wednesday.


(Reporting By Russ Blinch, editing by Stacey Joyce)


Canada News Headlines – Yahoo! News





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BlackBerry maker plans local skate, publicity in Waterloo to celebrate new phone






WATERLOO, Ont. – Call it BlackBerry Town, even if the name isn’t official.


In the lead up to the BlackBerry smartphone unveiling later this month, creator Research In Motion is turning its Waterloo, Ont., home base into a celebration of the device.






The company plans to decorate light poles in areas of Waterloo and neighbouring Kitchener with banners that promote its latest smartphone and thank the community for its support.


City councillors in Kitchener voted earlier this week to make an exception to rules that prevent corporations from using public property to advertise.


RIM says it is making plans for other events as well.


The company will hold skating rink parties at Kitchener City Hall and in Waterloo Town Square on Jan. 30 to coincide with the unveiling of its new BlackBerry devices.


Gadgets News Headlines – Yahoo! News




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“American Idol” returns with feuds, fame, fortune






LOS ANGELES (Reuters) – “American Idol” returns on Wednesday with the tantalizing promise of fame, fortune and feuds – and that’s just among the celebrity panel hired to find the next pop music sensation.


Singer Mariah Carey, rapper Nicki Minaj and country artist Keith Urban make their debut as judges when the TV talent contest begins its 12th season on Fox.






“All three judges are eminently qualified. It’s a good spectrum in terms of embracing hip-hop, country and pop,” HitFix.com music blogger Melinda Newman said.


“What everyone is going to be looking at, sadly, is how Mariah and Nicki Minaj get along, instead of focusing on the contestants,” she said.


Carey, with more than 200 million album sales, the outspoken Minaj, one of the most exciting voices in rap, and Urban are expected to revive interest in the contest. Last year average audiences dipped below 20 million, and “Idol” lost its eight-year crown as the most watched show on U.S. television to NBC’s “Sunday Night Football.”


The three newcomers replace departing judges Jennifer Lopez and Aerosmith frontman Steven Tyler who quit last year after two seasons.


The new panel, rounded out by old hand record producer Randy Jackson, didn’t come cheap. Carey is reported to be earning approximately $ 18 million for the season, Minaj about $ 12 million and Urban $ 8 million.


But industry watchers say “Idol” needs more than big names to bring in audiences at a time of cutthroat competition from talent contests like “The Voice,” “The X Factor,” and “America’s Got Talent.”


“While shaking up the show can initially provide curiosity tune in, at the end of the day, the panel needs to click with each other and with fans,” Entertainment Weekly’s James Hibberd said.


“‘Idol’ used to have the playground all to itself. After four months of ‘The Voice’ and ‘ X Factor’ last fall, are audiences still going to be excited by ‘Idol’?” Hibberd asked.


The new season of “Idol” was making headlines in September, when video of Carey and Minaj arguing during early auditions was leaked online.


Minaj also was reported to have threatened to shoot Carey, who said in a TV interview last week that she had hired extra security while filming the show.


FOCUS ON CONTESTANTS


In a tense media appearance last week, the two divas claimed they had put their feud behind them, attributing the fight to passionate differences of opinion about the contestants auditioning for a chance to make it through to later rounds.


Newman said it would be a shame if the fight overshadows the show’s original mission of finding new talent, an achievement that could prove the biggest boost to “Idol” ratings.


“All these shows have become more about the contestants than the judges. It would be nice if ‘American Idol,’ as the one that started it all, got the focus back on the contestants.


“Ten years ago, people were really excited when they were voting for (‘Idol’ winners) Kelly Clarkson or Carrie Underwood. There needs to be a powerhouse group of contestants who really capture people’s interest, and who you want to root for,” Newman said.


The new judges say that’s what they want too.


“When I watch these shows and someone says yes to a person who clearly doesn’t deserve it, it bothers me,” Minaj told TV reporters last week. “And I want to jump through the TV because I feel like, for the people who are talented, it kind of minimizes how talented they really are. So when I came on, I didn’t really have a problem with saying no, because I kind of felt like we’re looking for the best of the best.”


Aspiring rappers – never a group that has been embraced by “Idol” producers or fans – will get short shrift.


“I definitely don’t think a rapper should be in this competition … When I got involved in the competition, I specifically said, I hope they didn’t try to do that because I was on the show, because I think America loves that it’s an honest singing competition,” Minaj said.


American Idol” kicks off on Wednesday on Fox with a two-hour premiere, followed by a one-hour show on Thursday. Fox is a unit of News Corp.


(Reporting By Jill Serjeant; Editing by Stacey Joyce)


TV News Headlines – Yahoo! News





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Large study confirms flu vaccine safe in pregnancy






NEW YORK (AP) — A large study offers reassuring news for pregnant women: It’s safe to get a flu shot.


The research found no evidence that the vaccine increases the risk of losing a fetus, and may prevent some deaths. Getting the flu while pregnant makes fetal death more likely, the Norwegian research showed.






The flu vaccine has long been considered safe for pregnant women and their fetus. U.S. health officials began recommending flu shots for them more than five decades ago, following a higher death rate in pregnant women during a flu pandemic in the late 1950s.


But the study is perhaps the largest look at the safety and value of flu vaccination during pregnancy, experts say.


“This is the kind of information we need to provide our patients when discussing that flu vaccine is important for everyone, particularly for pregnant women,” said Dr. Geeta Swamy, a researcher who studies vaccines and pregnant women at Duke University Medical Center.


The study was released by the New England Journal of Medicine on Wednesday as the United States and Europe suffer through an early and intense flu season. A U.S. obstetricians group this week reminded members that it’s not too late for their pregnant patients to get vaccinated.


The new study was led by the Norwegian Institute of Public Health. It tracked pregnancies in Norway in 2009 and 2010 during an international epidemic of a new swine flu strain.


Before 2009, pregnant women in Norway were not routinely advised to get flu shots. But during the pandemic, vaccinations against the new strain were recommended for those in their second or third trimester.


The study focused on more than 113,000 pregnancies. Of those, 492 ended in the death of the fetus. The researchers calculated that the risk of fetal death was nearly twice as high for women who weren’t vaccinated as it was in vaccinated mothers.


U.S. flu vaccination rates for pregnant women grew in the wake of the 2009 swine flu pandemic, from less than 15 percent to about 50 percent. But health officials say those rates need to be higher to protect newborns as well. Infants can’t be vaccinated until 6 months, but studies have shown they pick up some protection if their mothers got the annual shot, experts say.


Because some drugs and vaccines can be harmful to a fetus, there is a long-standing concern about giving any medicine to a pregnant woman, experts acknowledged. But this study should ease any worries about the flu shot, said Dr. Denise Jamieson of the Centers for Disease Control and Prevention.


“The vaccine is safe,” she said.


___


Online:


Medical journal: http://www.nejm.org


Health News Headlines – Yahoo! News





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Japan emergency hits Dreamliners









The ANA flight made an emergency landing at Takamatsu



Japan’s two main airlines have grounded their Boeing 787 Dreamliners after one was forced to make an emergency landing because of battery problems.


All Nippon Airways (ANA) grounded its fleet of 17 Dreamliners when its flight NH 692 from Yamaguchi Ube was forced to land shortly after take-off.


Japan Airlines followed suit, saying it would ground its fleet of seven 787s from 16 January until further notice.


This is the latest setback for Boeing and its problem-hit Dreamliner planes.


On Wall Street, shares in Boeing closed down more than 3% following the Japanese announcements on Wednesday.


In recent weeks, Dreamliners have suffered issues including fuel leaks, a cracked cockpit window, brake problems and an electrical fire.


Continue reading the main story

Analysis


There have been six separate safety incidents with Japanese-owned 787s in the last week and a half. But they are not all equal.


The incident today was by far the most serious. Smoke inside an aircraft while in-flight is always a serious matter. That’s why the plane was so quickly diverted, and probably why ANA and JAL have now ordered their fleets to be grounded.


It also looks like this incident may not be isolated. It appears very similar to an electrical fire on board a Japan Airlines 787 in the United States last week.


The source of that fire was the 787′s lithium Ion battery pack. All the way back in 2007, the US Federal Aviation Administration expressed concern about the installation of Lithium Ion batteries on board the 787 because of their known problem with so-called “thermal runaway”. It’s a problem that has caused mobile phones and laptop computers to catch fire in the past.


The 787 is not the only aircraft to use Lithium Ion battery packs. The Airbus A380 uses a smaller number. And the upcoming Airbus A350 will use a much larger number



“You’re nearing the tipping point where they need to regard this as a serious crisis,” said Richard Aboulafia, a senior analyst with the Teal Group in Fairfax, Virginia.


“This is going to change people’s perception of the aircraft if they don’t act quickly.”


Battery malfunction


On Wednesday, ANA’s flight NH 692 left Yamaguchi Ube in western Japan at 08:10 local time (23:10 GMT) and headed for Tokyo’s Haneda airport.


Earlier reports that smoke was seen in the cockpit were inaccurate, ANA said. The pilots saw a warning on their computer screen telling them there was smoke inside one of the electrical compartments, the airline said. The source of the smoke is not yet known.


The pilots also received a warning that there was a fault in the battery system. ANA said the battery in the forward cargo hold was the same type as the one involved in a fire on another Dreamliner at a US airport last week.


The ANA flight landed at Takamatsu airport at 08:47 on Wednesday after the pilot saw an error message in the cockpit.


“There was a battery alert in the cockpit and there was an odd smell detected in the cockpit and cabin, and [the pilot] decided to make an emergency landing,” said Osamu Shinobe, an ANA vice president, at a news conference.


ANA said that the 129 passengers and eight crew were evacuated, with a number of people sustaining minor injuries.


The Reuters news agency reported that five people were injured, while Bloomberg said that one person was sent to hospital. ANA officials were not immediately available to confirm the figures.


The BBC’s correspondent in Tokyo, Rupert Wingfield-Hayes, said that local television footage showed emergency chutes were deployed from the plane. There were also fire trucks on the runway.


Paul Lewis, a spokesman for Boeing, told the BBC that the planemaker was “aware of the diversion of a 787 operated by ANA to Takamatsu in western Japan”.


He added that Boeing “will be working with our customer and the appropriate regulatory agencies”.


Dreamliner’s technical problems Continue reading the main story


CLICKABLE


Fuel tanks


Electronics


Engines


Brakes


Cockpit





Market Reaction


The concerns have spread beyond Japan, however, not least because the Dreamliner was seen as Boeing’s flagship new aeroplane and had attracted orders from many of the world’s biggest and best-known airlines.


The 787 is said to be one of the most fuel-efficient in the industry, and Boeing delivered 46 Dreamliners to customers in 2012.


Following Wednesday’s landing, India’s aviation regulator said it would review the Dreamliner’s safety and talk to parts makers.


The regulator said it was in contact with Boeing but as yet had no plans to ground the five Dreamliners that are currently being used by Air India.


Continue reading the main story

Dreamliners in use


  • Air India: 5

  • All Nippon Airways (Japan): 17

  • Ethiopian Airlines: 4

  • Japan Airlines: 7

  • LAN Airlines (Chile): 3

  • Lot Polish Airlines: 2

  • Qatar Airways: 5

  • United Airlines (US) 6

  • Total: 49

Source: Boeing



Australia’s Qantas Airways said its order for 15 Dreamliners remained on track. Its subsidiary Jetstar is due to take delivery of the first of its aircraft in the second half of this year.


United Airlines is the only US carrier currently flying Dreamliners, and the carrier said it was not taking any immediate action.


Closer look


Even before Wednesday’s emergency landing, Boeing was facing an inquiry by Japanese and US authorities over its Dreamliner issues.


Last week, the US Federal Aviation Administration started a joint review with Boeing of the design, manufacturing and assembly of the Dreamliner.


On Tuesday, Japanese authorities said they would conduct an inquiry after two successive fuel leaks on a different 787 operated by Japan Airlines.


On 8 January, Japan Airlines reported that a fire broke out on a 787 shortly after it landed in Boston. There have also been reports of brake issues.




Inside the cockpit of the Dreamliner



“It is not abnormal for new aircraft to have some teething problems,” said Chris de Lavigne of Frost and Sullivan in Singapore.


“There were initial issues with the Airbus A380 as well. Look where it is today; it is flying successfully and everyone seems to be happy with it.”


However, he added that a lot would depend on the outcome of the two investigations.


“If it turns out to be a major issue and requires re-engineering to be done, then you may need to ground some of the planes or even the entire fleet.”


BBC News – Business





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