New job posting suggests Nokia may still be considering Android after all

Read More..

Glen Campbell considering more live shows in 2013

NASHVILLE, Tenn. (AP) — Glen Campbell may be wrapping up a goodbye tour but that doesn’t mean he’s done with the stage.

Campbell is considering scheduling more shows next year after playing more than 120 dates in 2012.

The 76-year-old singer has Alzheimer’s disease and has begun to lose his memory. He put out his final studio album, “Ghost on the Canvas,” in 2011 and embarked on the tour with family members and close friends serving in his band and staffing the tour.

Campbell’s longtime manager Stan Schneider said in a phone interview from Napa, Calif., where the tour wrapped for the year Friday night, that recent West Coast shows have been some of the singer’s strongest. Campbell will break for the holidays and if he still feels strong he’ll begin scheduling more shows.

___

Online:

http://glencampbellmusic.com

Entertainment News Headlines – Yahoo! News

Read More..

Grand jury probing meningitis-linked pharmacy: newspaper

BOSTON (Reuters) – A grand jury is investigating the compounding pharmacy at the heart of a deadly meningitis outbreak, the Boston Globe reported on Saturday.

The grand jury has begun issuing subpoenas to people who worked for the New England Compounding Center, which closed after investigators determined it had produced the tainted injectible steroid that has killed 36 people, the newspaper reported, citing unnamed people who formerly worked for the company.

Grand jury investigations, which are conducted in secrecy, are a step prosecutors take before determining whether to press criminal charges.

Officials at the U.S. Attorney‘s office and NECC could not be reached for immediate comment on Saturday. The Globe reported that U.S. officials declined to comment.

After federal officials in October raided the Framingham, Massachusetts-based pharmacy, U.S. Attorney Carmen Ortiz confirmed her office was investigating the company.

U.S. District Court Judge Dennis Saylor, who is hearing the dozen civil lawsuits filed against NECC in federal court in Boston, said during a Wednesday hearing there may be a grand jury investigation into the company.

(Reporting By Scott Malone; Editing by Vicki Allen)

Health News Headlines – Yahoo! News

Read More..

South Korea November exports show fragile, uneven global recovery

SEOUL (Reuters) – South Korean exports last month marked their first back-to-back growth of the year, but demand from the advanced economies was weak, data showed on Saturday, indicating any global recovery would be fragile at best.

November exports grew by 3.9 percent over a year earlier to $ 47.8 billion on top of a revised 1.1 percent rise in October, while imports last month rose by 0.7 percent to $ 43.3 billion, the Ministry of Knowledge Economy data showed.

The November data, released for the first time by a major exporting economy, and the robust survey findings in China disclosed earlier in the day offered fresh signs of the global economy regaining some momentum.

Shipments to China and the southeast Asian countries posted sharp gains over a year earlier, whereas demand from the United States and the European Union shrank, according to break-down figures for the November 1-20 period released later.

“Robust data from China and today’s Korean data increase the chances for Korean exports maintaining a modest recovery,” said Park Sang-hyun, chief economist at HI Investment & Securities.

RARE ANNUAL DROP IN EXPORTS

Data released earlier on Saturday showed China’s manufacturing sector activity was at a seven-month high in November, while South Korea’s October industrial output also expanded for the second straight month.

“But as Europe and the U.S. are not getting any stronger soon, any global recovery will be an uneven and fragile one for the time being,” Park added.

Analysts in a Reuters survey had forecast November exports would grow a median 2.6 percent over a year before on top of a revised 1.1 percent gain in October, when overseas sales posted their first growth in four months.

The ministry’s data showed South Korea ran a trade surplus of $ 4.48 billion for November, compared with a revised surplus of $ 3.73 billion in October. The country’s trade balance has been in black for all but two months since early 2009.

Meanwhile, exports for the January-November period were 0.8 percent less than the comparable period of 2011, making it highly likely the country will miss its export target of a 3.5 percent gain set for the whole of 2012.

Reuters calculations show South Korean exports this year would post an annual loss unless shipments in December grow 9 percent or more on a year-on-year basis. The country’s exports grew in all but three years for the past 50 years at least.

South Korea is home to some of the world’s largest suppliers of cars, smartphones and ships. It sends roughly a quarter of its total exports to China and about 10 percent each to the European Union and the United states.

(Editing by Ron Popeski)

Economy News Headlines – Yahoo! News

Read More..

Cargo plane crashes in Brazzaville, 3 dead

BRAZZAVILLE, Republic of Congo (AP) — A cargo plane owned by a private company crashed Friday near the airport in Brazzaville, the capital of the Republic of Congo, killing at least three people, officials said.

The Soviet-made Ilyushin-76 belonged to Trans Air Congo and appeared to be transporting merchandise, not people, said an aviation official who requested anonymity because he was not authorized to speak to the media.

The plane was coming from Congo‘s second-largest city, Pointe Noire, and tried to land during heavy rain, he said.

Ambulances rushed to the scene in the Makazou neighborhood, located near the airport, but emergency workers were hampered by the lack of light in this capital, which like so many in Africa has a chronic shortage of electricity.

“At the moment, my team is having a hard time searching for survivors in order to find the victims of the crash because there is no light and also because of the rain,” Congolese Red Cross head Albert Mberi said.

He said that realistically, they will only be able to launch a proper search Saturday, when the sun comes up.

Reporters at the scene fought through a wall of smoke. Despite the darkness, they could make out the smoldering remains of the plane, including what looked like the left wing of the aircraft. A little bit further on, emergency workers identified the body of the plane’s Ukrainian pilot, and covered the corpse in a blanket.

Firefighters were trying to extinguish the blaze of a part of the plane that had fallen into a ravine. They were using their truck lights to try to illuminate the scene of the crash. Although the plane was carrying merchandise, emergency workers fear that there could be more people on board.

Because of the state of the road connecting Pointe Noire to Brazzaville, many traders prefer to fly the roughly 400 kilometers (250 miles).

Africa has some of the worst air safety records in the world. In June, a commercial jetliner crashed in Lagos, Nigeria, killing 153 people, just a few days after a cargo plane clipped a bus in neighboring Ghana, killing 10.

Africa News Headlines – Yahoo! News

Read More..

The Xbox 720 Is Coming Sooner Than Anyone Anticipated

After almost three years without an update, and with Windows 8 sales flailing, Microsoft will release a new Xbox just in time for Christmas next year, sources told Bloomberg’s Dina Bass and Ian King. Last year Microsoft had said that it wouldn’t release a new version of the gaming system “anytime soon,” with other sources talking up a date sometime in 2013 “at the earliest.” This new Christmas launch makes perfect sense for the video-game nerd anticipated “Xbox 720,” as the rumorers refer to it. An Xbox is one of those it toys that gets people lining up at 3 a.m. during holiday shopping craziness. Even the aging 360 console has managed to double the sales of the new Nintendo Wii so far this holiday season, according to numbers from the NDP Group. Microsoft hasn’t put out an entirely new console since 2005, which led to riots during Black Friday of that year.

RELATED: Foxconn Is Still a Hard Place to Work

And Microsoft needs a super-anticipated something, since Windows 8 sales fell so flat this year. After whispers that the new operating system wasn’t selling well, NDP research group found that sales fell 21 percent for new computers running Windows. The research group doesn’t measure sales from Microsoft stores or online, but Microsoft has said most of its sales come from third-party retailers like Best Buy anyway. Windows 8 tablet sales were almost “nonexistent” said the report, making up just 1 percent of all Windows 8 sales. Yeesh. However, Microsoft CEO Steve Ballmer has said he is playing the long game on this one, claiming that people will get used to the new look and when they do fall in love with it. Maybe the people will line up for Windows 8 next year, too? 

RELATED: Amazon’s New Cloud Music Player Is Great, But Is It Legal?

If not, though, the new Xbox sounds like an upgrade that will get gamers excited and buying. As for what exactly the gadget will look like, the rumorers say it will be cheaper and smaller than the 360, which retails starting at $ 300. In addition, it will have an udpated Kinect controller, a quad core processor, 8GB Ram, Blu-Ray, and augmented reality glasses, according to “leaked reports.” 

Gaming News Headlines – Yahoo! News

Read More..

Health officials: Athens has spiraling HIV crisis

ATHENS, Greece (AP) — Athens is seeing an alarming increase in new HIV infections, particularly among intravenous drug users, health officials warned Friday, as Greece struggles through a protracted financial crisis in which funding for health care and drug treatment programs has been slashed.

While there were about 10-14 new HIV infections per year among Athens drug users from 2008 to 2010, that number shot up to 206 new cases last year and 487 new cases by October this year — a 15-fold and 35-fold increase respectively, officials said.

“There is no doubt we have a big and rapidly developing epidemic in Athens,” said Angelos Hatzakis, an epidemiology and preventive medicine professor at Athens University.

A total of 1,049 new cases of HIV infection were recorded in Greece in the first 10 months of this year, including the 487 drug users. Of the others, 256 were homosexual men, while 108 caught the virus through heterosexual intercourse, the figures showed.

“One of the reasons is the financial crisis,” said Marc Sprenger, director of the European Center for Disease Prevention and Control. “There are more people who are vulnerable, marginalized” and who use drugs.

They turn to cheaper drugs and turn to injecting instead of smoking in order to get the same high from a smaller quantity, officials said.

“We are very concerned,” Sprenger said. “What we see now is this increase, and if you don’t really pay attention to this, it will become in the future a really huge burden.”

Greece has been hammered by a financial crisis since late 2009 that has left the country facing a sixth year of a deep recession and with a quarter of the workforce unemployed. The country relies on international rescue loans from other European countries that also use the euro and the International Monetary Fund to stay solvent.

But in return, the Greek government has imposed several rounds of spending cuts and tax hikes. Charities dealing with drug users and HIV sufferers have also struggled to find funds during the crisis.

Sexual Health News Headlines – Yahoo! News

Read More..

Bulgaria offers citizenship to foreign investors

SOFIA, Bulgaria (AP) — Here’s one way to boost an ailing economy: Bulgaria is offering citizenship to foreigners ready to invest at least half a million euros ($ 650,000).

Under a newly approved amendment, the candidates would have to invest in a Bulgarian company involved in a high-priority investment project in industry, infrastructure, transport or tourism. The investors are also required to have had residence status in the country for at least one year.

Bulgaria, which joined the 27-nation European Union in 2007 and is the bloc’s poorest member, is trying to reverse the severe drop in foreign direct investment from €6.55 billion ($ 8.5 billion) in 2008 to €1.75 billion ($ 2.3 billion) in 2011.

Bulgaria already is handing out passports to ethnic Bulgarians outside its borders, the main beneficiaries being citizens of Macedonia, Serbia, Ukraine and Turkey — countries with living standards at a fraction of the EU average that are years away from possible membership.

The latest amendments have been criticized harshly by the opposition, and did not get unequivocal support from the presidency or the Justice Ministry, the two institutions that deal with the issue of granting citizenship. According to media reports, the Interior Ministry and the security services have also voiced concerns about potential risks to national security during a closed-door parliament committee meeting.

The political and economic instability in the Middle East following the Arab Spring revolutions could prompt wealthy citizens trying to escape the region’s troubles to qualify for the citizenship-by-investment program.

Other EU countries trying to cut public debt and attract foreign direct investment are also considering economic residency programs.

Spain is studying a plan to give residency to foreigners who buy a house or apartment worth €160,000 ($ 207,800) or more. The country has more than 700,000 unsold houses following the 2008 collapse of its real estate market .

Government officials, however, are cautious about the idea.

“It is not government policy. Nor is it likely to become so,” the spokeswoman for Spain’s Economy Ministry said on condition of anonymity because she was not authorized to discuss future policy discussions.

Spain’s residency idea for foreign home buyers would not give permanent residency or the privilege of working.

It still would beat other offers from bailed-out EU countries like Ireland and Portugal, where residency papers are offered to foreigners buying houses worth more than €400,000 ($ 519,400) and €500,000 ($ 649,300) respectively.

Even though these plans increase the number of people who have an EU passport, the EU says citizenship issues are the responsibility of national governments.

Latvia, a non-EU nation on the Baltic coast, offers a deal where property buyers are eligible to receive residency permits if they buy real estate in the capital Riga worth €140,000 ($ 181,800) or places worth €70,000 ($ 90,900) in the countryside.

___

Alan Clendenning and Harold Heckle contributed from Madrid.

Economy News Headlines – Yahoo! News

Read More..

African Union asks UN for immediate action on Mali

DAKAR, Senegal (AP) — In an open letter Thursday to U.N. Secretary-General Ban Ki-moon, the president of the African Union urged the U.N. to take immediate military action in northern Mali, which was seized by al-Qaida-linked rebels earlier this year.

Yayi Boni, the president of Benin who is also head of the African Union, said any reticence on the part of the U.N. will be interpreted as a sign of weakness by the terrorists now operating in Mali. The AU is waiting for the U.N. to sign off on a military plan to take back the occupied territory, and the Security Council is expected to discuss it in coming days.

In a report to the Security Council late Wednesday, Ban said the AU plan “needs to be developed further” because fundamental questions on how the force will be led, trained and equipped. Ban acknowledged that with each day, al-Qaida-linked fighters were becoming further entrenched in northern Mali, but he cautioned that a botched military operation could result in human rights abuses.

The sprawling African nation of Mali, once an example of a stable democracy, fell apart in March following a coup by junior officers. In the uncertainty that ensued, rebels including at least three groups with ties to al-Qaida, grabbed control of the nation’s distant north. The Islamists now control an area the size of France or Texas, an enormous triangle of land that includes borders with Mauritania, Algeria and Niger.

Two weeks ago, the African Union asked the U.N. to endorse a military intervention to free northern Mali, calling for 3,300 African soldiers to be deployed for one year. A U.S.-based counterterrorism official who saw the military plan said it was “amateurish” and had “huge, gaping holes.” The official insisted on anonymity because he was not authorized to speak on the matter.

Boni, in his letter, said Africa was counting on the U.N. to take decisive action.

“I need to tell you with how much impatience the African continent is awaiting a strong message from the international community regarding the resolution of the crisis in Mali. … What we need to avoid is the impression that we are lacking in resolve in the face of these determined terrorists,” he said.

The most feared group in northern Mali is al-Qaida in the Islamic Maghreb, or AQIM, al-Qaida’s North African branch, which is holding at least seven French hostages, including a 61-year-old man kidnapped last week.

On Thursday, SITE Intelligence published a transcript of a recently released interview with AQIM leader, Abu Musab Abdul Wadud, in which he urges Malians to reject any foreign intervention in their country. He warned French President Francois Hollande that he was “digging the graves” of the French hostages by pushing for an intervention.

Also on Thursday, Islamists meted out the latest Shariah punishment in northern city of Timbuktu. Six young men and women were each given 100 lashes for having talked to each other on city streets, witnesses said.

___

Associated Press writer Virgile Ahissou in Cotonou, Benin and Baba Ahmed in Bamako, Mali contributed to this report.

Africa News Headlines – Yahoo! News

Read More..

RIM jumps 10 percent in Toronto trade after Goldman upgrade

Read More..

J&J says won’t enforce AIDS drug patent in Africa

LONDON (Reuters) – Generic manufacturers are to be given a free rein to make cheap copies of Johnson & Johnson‘s HIV/AIDS drug Prezista for sale in Africa and other poor countries.

U.S. healthcare group J&J said on Thursday it would not enforce patents, provided generic firms made high-quality versions of the drug – known generically as darunavir – for sub-Saharan Africa and Least Developed Countries.

Prezista is a relatively new drug used when patients develop resistance to older antiretrovirals. The need for it was expected to grow rapidly as more patients in Africa stop responding to existing therapies.

Pharmaceuticals head Paul Stoffels said he expected Indian drugmakers, in particular, to take advantage of the patent move, adding that competition among different companies should drive prices down further.

J&J has an existing deal with South African group Aspen Pharmacare, which makes Prezista at a discounted price of $ 2.22 per day for Africa – a fraction of the western market price.

Its decision to act unilaterally on Prezista patents will, however, disappoint those calling for J&J to share intellectual property rights in the new Medicines Patent Pool, which aims to streamline generic production by pooling patents.

“We have chosen to go direct … we think that is the best way,” Stoffels said in an interview.

“We want to reserve the right to reinforce patents if people are not providing the right quality of product, for example by bringing products to market that under-dose.”

International drugmakers are under growing pressure to make medicines more affordable in poor countries, after being attacked for not doing enough in the past.

J&J ranked second in a new analysis of how companies are performing in providing access to medicines – an improvement of seven places from two years earlier, following its purchase of Crucell, which makes vaccines for the developing world.

(Editing by Dan Lalor)

Sexual Health News Headlines – Yahoo! News

Read More..

A Pet Food Store Fights to Survive Sandy

When Robert Freed walked into Pet Foods Plus, his flooded store on Midland Avenue in Staten Island, two blocks from the Atlantic Ocean, he knew what he smelled immediately: the stench of rotten kibble and cat food, a few tons of it. During good times, that $ 250,000 worth of inventory was the equivalent of Freed’s bank. Now his windows had been broken, the walls had been pushed in by the storm surge, and his counters and the platform they rested on were gone, washed way up the avenue. His racks and shelves were knocked over, dog food was spread all over the floor, his cat toys and doggie chews soggy and covered in what looked like seaweed.

It was Oct. 31. Rob, 47, and his younger brother Matt, 37, had waited out the storm in New Jersey. Their homes were in the highest-risk, Zone A sections of Staten Island, as was their store. The first morning the Outerbridge Crossing, one of the bridges that connect New Jersey to Staten Island, reopened, they hopped in their cars to check on their store. Rob had gotten calls from friends and neighbors telling him it was on fire, the callers shouting over emergency sirens wailing in the background. He’d dismissed these as the hysterical bulletins of those who were still in a state of shock from the flood. But after crawling across Staten Island—traffic was backed up because the traffic lights were out—he realized that the MetroPCS location next door had indeed gone up in flames. The old, wooden clapboard house was now a charred mess spilling blackened shingles into the street.

Their store, a cinder-block structure built on a concrete slab, hadn’t burned. Instead, it had been flooded. The waterline, marked in kelp and mud on the walls, stood at nine feet.

“I went numb,” Rob says, “I’m standing there thinking this is my store but this isn’t my store. This, this is—it’s like being at a wake. You’re standing there, laughing about the person who died, but then it hits you.”

Matt was by his side, and as they headed inside, he bent to pick up a flat of Fancy Feast cat food that had broken open, then stopped and dropped it. What was the point? There was so much, spread and piled so high, mixed with sewage and sand.

Then they were surrounded. A dozen people had entered the store with them. They were stepping over the spilled dog food and scattered cans and were stuffing cat toys and leashes and dog bones into garbage bags. They were looting.

“They didn’t even know we were the owners,” says Matt, “They were pushing us out of the way to get in the store.”

They had seen a few cops on a boat going down the still-flooded Colony Avenue, but they were still in a search-and-rescue phase. They would find at least eight dead within five blocks of Pet Foods Plus. The police weren’t going to stop the crowd now making off with the store’s goods.

Rob turned to Matt and told him he was going to get the Chevy Tahoe, back it into the store through the broken doors, and then sleep in the car. “We gotta protect our business,” he said.

“We can’t protect it. They’re gonna kill us,” said his brother. The sun was going down soon, he pointed out. “They’ll stab us.”

The brothers agreed to leave. They walked down Midland Avenue toward the beach. They saw shoeless children using plastic bags and rubber bands to keep their feet dry, survivors hosing down the inside of their houses to wash the mud from their walls. Both men decided that while there was nothing they could do to save their store, they could at least help some of their neighbors—their customers—in the area.

Rob and Matt spent the rest of the afternoon, and the next four days, hauling soggy drywall, waterlogged furniture, and moldy carpet from the bungalows of Midland Beach, helping those who’d lost much more than a business.

“We were numb,” says Rob. “We were just doing the next thing. Lift this mattress. Strip that carpet. Whatever needed to be done, we just did it. We just kept going.”

Every once in a while, walking around, they would come upon cans of cat food or a piece of a point-of-sale display that looked familiar. Much of their inventory had been carried by the floodwaters and deposited around the neighborhood.

After a disaster, the immediate focus of government officials and ordinary citizens is saving lives and providing food and shelter to those who have lost everything. In the aftermath of Sandy, that’s what countless small businesspeople in New York City and New Jersey did—people like Rob and Matt Freed. With their business partner, Bernard Hilzenrath, the Freeds spent days in hard-hit areas, not just Midland Beach but also the Rockaways and Breezy Point in Queens, helping friends clear out flooded basements and first floors. Through it all, concern about their own livelihood was never far from mind. Lending their muscle to those less fortunate helped keep the fear at bay, but only for a little while.

For a community to return to normalcy after a catastrophe, small businesses also must come back. In New Orleans, the lag in the reopening of small businesses has made some low-lying communities into retail ghost towns more than seven years after Hurricane Katrina. “It won’t matter if you rebuild your residential areas,” says Mary Wong of the Office Depot Foundation, part of the U.S. Chamber of Commerce’s Business Civic Leadership Center. “If you don’t rebuild your downtown, your small businesses, then you don’t have an engine.”

While individuals can get immediate help—and zero-interest loans—from the Federal Emergency Management Agency (FEMA), there is no similar agency that’s prepared to work with small businesses. The Small Business Administration (SBA) is the only federal agency set up to provide assistance to small businesses—in the case of retailers that means those with annual revenue below $ 21 million—but it does not provide zero-interest disaster-related loans. The U.S. Chamber of Commerce estimates that after a natural disaster such as Hurricane Katrina or Sandy, 52 percent of small businesses never reopen.

The Freed brothers are luckier than many of their peers. Their homes survived the storm with little damage, giving them more cushion than store owners who need to find housing before even considering whether to restart their business. Up and down Midland Avenue, numerous businesses have already decided to give up. Midland Pharmacy, a block from Pet Foods Plus and in business for 25 years, has shuttered, as has Krypton Comics on the corner of Midland and Baden. “I’m done,” says owner Arthur Palomba. “My stock was destroyed.”

The prospects for Pet Foods Plus are only slightly brighter. “We don’t have retirement plans, 401(k)s, IRAs, savings. Everything we have is in our inventory,” says Rob. It will take months, or even years, before businesses in Staten Island and other New York communities recover fully from Sandy’s devastation. The Freeds believe theirs will be one of them. But neither nature nor time is on their side.

Rob Freed, short, stocky, muscular, with graying hair at the temples, had bought fully into the idea that the supreme American achievement is to run your own business. The fourth of six children and the oldest son, he’d been a mediocre student—“my best subject: lunch”—at Brooklyn’s John Dewey High School. He never considered college, finding work in a delicatessen and as a car salesman after graduating. He settled into a decent-paying job as a wholesale meat salesman, selling sides of beef to restaurants and butchers, and occasionally taking home a few scraps for his dogs, a boxer named Hank and a Lhasa apso named Wally. He usually bought his dog food at a store on Kings Highway in Brooklyn, where an older man named Ira Licht sold him 40-pound bags of Eukanuba. “Pet food stores are like bars,” Rob says. “People come in to talk. They like to talk about their animals, so you get to know your customers.”

In 1997, when Ira, who’d started the store 15 years earlier, wanted to sell out, he asked Rob, then 32, if he was interested in taking the place over. The store was about 2,500 square feet, a long and skinny one-story retail building in Sheepshead Bay, one block from the F train. It was shabby, the racks sagging, some of the inventory expired, but Rob thought there was potential. Matt had just graduated from high school and Rob talked to him about going into business together. Matt liked the idea. Rob and Ira negotiated a price: $ 10,000 for the inventory, and Rob would take over the lease. “That’s what you want, isn’t it? Your own place,” Rob says. “Of course you have your doubts, you’re scared, but still, it’s a great feeling.”

The pet food business, like the people food business, is low-margin, low-markup. The profit on a bag of dog or cat food is about 10 percent. Cat and dog toys, leashes, catnip—those are the items with the big markups. Carpeted kitty castles are a relative gold mine.

Most days, though, you’re slinging dog food. Some customers come in every day to buy one can of cat food because they like to stop and talk. Rob and Matt are convinced that people who take care of animals are good people, making for a nicer clientele than you might have if you ran, say, a liquor store.

“We’re not making money on people’s vices,” says Matt.

“Not usually,” Rob says. “You do get those ladies who say they own 60 cats. And that’s what they admit to. The reality is probably 180.” Cat ladies are great for business.

Pet Foods Plus averaged about $ 300,000 to $ 400,000 a year in revenue, with the brothers each taking out about $ 20,000 a year in salary, putting everything else back into the store: in inventory, in improvements, in promotions. Managed carefully, the business, while no great moneymaker, supported their young families. Rob had married and already had a boy and a girl at home.

Their neighborhood, however, was changing. Working-class Italians and Jews—pet owners—had given way to more recent Syrian Jewish immigrants, who were not in the habit of keeping dogs or cats in the home.

The other problem, Rob had realized, was that pet stores do most of their volume in bulk—those 40- or 50-pound bags of dog food and cat food or 50-pound bags of kitty litter—but at a city store like theirs that lacked parking, customers could only buy what they could carry, which kept revenue at a trickle.

About eight years ago, they began looking for a second location. Rob knew that pet food salesmen who weren’t willing to cut much of a deal for one store’s business would be more inclined to do so if they could double their volume. Also, with two stores, it might not be necessary to carry as much inventory in each location if Rob could move product as needed. And if two stores worked and those savings were realized, then what about three, four?

Many of their former customers had moved to Staten Island. Rob and Matt had moved there as well, to a beachfront community they felt was improving. They found a new 2,500-square-foot building on a commercial strip, at the corner of Patterson and Midland, across the street from a deli and a dog groomer, up the block from a comic book store, a judo dojo, a Chinese restaurant, and a Mexican grocery. The ethnic makeup of the neighborhood was diverse, with Chinese families crammed in next to retired widowers, yuppies tearing down bungalows to put up two-story houses, plus a few city workers who enjoyed the fresh ocean breezes. They knew the neighborhood wasn’t great—there was a welfare hotel nearby where drug addicts overdosed at an alarming rate—but it seemed to be on the way up.

The brothers and their friend, Bernard, each put up $ 50,000 and made a deal on the location, paying about $ 6,000 a month in rent, with three months’ rent free that they’d use to build out the store. They did the work themselves, laying out the retail aisles with chalk on cardboard, erasing and redrawing until they were happy with the configuration. They wanted a raised platform and counter for the cash register, so one person working behind it could also take in the whole store. “And because I’m short,” jokes Rob. They put the dog food in the back and the higher-margin leashes, cat toys, and dog treats in colorful displays near the register. (Eventually, if you work in a pet food store, you will try the pet food, usually to win a bet or answer a dare. Rob recalls there was one brand, Rewards, that wasn’t bad. “They had turkey with gravy and the gravy was pretty good.”)

Their red-and-white logo, a cartoon illustration of a dog and cat, was stenciled on the window. After a few months of 16-hour days, they had a store that looked as spiffy and professional as a chain retailer. They could duplicate it in a third store, or a hundred stores, if they generated the capital to do so.

Opened in 2005, Pet Foods Plus’s Staten Island location wasn’t an overnight sensation—very few retail operations are—but the brothers didn’t expect that. What they found was that they had surveyed the neighborhood correctly. This was a pet-friendly community, and business was steady. After three years, Rob had paid off the line of credit he’d taken out for the store. They were in the black most months. “Every month was a little better,” says Rob. “You keep making a little more, you keep putting it back in the store, buying more inventory because of the volume discounts.”

The salesmen from the pet food companies were cutting them better deals, taking the brothers out to dinners to write up the orders. Rob and Matt never took more than $ 20,000 apiece per year out of the Staten Island location, but the business grew, surpassing $ 400,000 in revenue last year and climbing steadily as the brothers’ reputation spread in the neighborhood.

This year was on track to be their best yet, and the Christmas season was looking particularly promising. The three partners decided to put up $ 15,000 to buy cat and dog toys in bulk. “We figured that never goes bad, it’s like money in the bank,” says Matt. “That turned out to be the wrong decision.” They were going to go all out this year, with a fancy Christmas display they finished putting up just days before the order to evacuate.

One of the strangest after-effects of natural disasters is the impulse of Americans to collectively empty out their closets and donate everything that doesn’t fit or that they don’t want anymore. It’s a well-intentioned gesture, in most cases, but the result is that neighborhoods like Midland Beach very quickly resemble a giant, messy closet with abandoned clothes strewn everywhere.

Five days after the storm, several relief agencies have set up on the sidewalk and inside Pet Foods Plus, pulling out some of the retail racks to serve hot food and distribute some of the tons of used clothing that have poured into Midland Beach. There is a Salvation Army distribution center in the parking lot. Inside the store, garbage bags of donated clothes are now mixed in with the rotting dog food. “People are donating sandals and bikinis,” Rob says. “In November? What are they thinking?”

Girls hauling wagons walk by regularly and ask if anyone wants water or a snack. “Otherwise we gotta carry it all back,” they say.

Richard Aloi, the owner of a nearby building gutted by the flood, says he needs to get his place fixed up or he’ll lose his tenant. He has a generator going and several pumps to dry the place out. “This was my achievement in life,” Aloi says of his small retail building. “If I lose the tenant, I’m gone, I’m shot.” The Russian martial-arts instructor who runs a judo school in the building has promised to come back if Aloi can get the place cleared out.

He says he got through to the Small Business Administration, who told him he might qualify for a 3 percent loan. “How about zero percent?” Aloi says. “Look around this place. We’re shot. I can’t afford 3 percent.”

Rob shakes his head. “Even at zero percent, I’m not sure I could reopen. $ 100,000 over eight years, paying back $ 1,000 a month on top of my overhead. I don’t know if I could do it.”

His brother Matt adds, “And if we reopen, where will our business be? Twenty percent, 40 percent of before the storm?”

The most common complaint among Staten Island business owners is they can’t reach their insurance companies on the phone, or if they can get through, they’re told there’s a backlog of claims and the company can’t schedule an adjuster to come out. “Our company said they usually get about 7,000 claims a year,” says Rob. “They told us they have 30,000 pending right now.” (They were also told by their insurance company, Tower Insurance, that they do not have flood insurance.)

The Freeds’ landlord lost his home in Brooklyn and hasn’t even been able to make it out to Midland Beach to survey the damage. His insurance company is similarly backed up. “We don’t know anything,” says Rob. “How can we make a plan when we don’t have any numbers?”

The Office Depot Foundation’s Wong points out that it usually takes about eight weeks for the disaster response to transition from rescue to recovery. That’s when the business and political leadership of the community has to come together to make the long-term recovery plan that will presumably also include some support for local businesses. New York Governor Andrew Cuomo has already asked for $ 42 billion in federal disaster relief, some of which will likely be distributed by local politicians or through local agencies. The Manhattan Chamber of Commerce has implemented a microloan program to help businesses reopen their doors after Sandy. But along Midland Avenue in Staten Island, Rob and Matt wonder if this flooded area should even be rebuilt.

The response of Cedar Rapids, Iowa, to the devastating floods of 2008 provides a possible model for a post-Sandy recovery. The state initiated a comprehensive plan to rebuild outside the flood basin and help businesses recover. It set up a $ 3 million small business grant fund and earmarked an additional $ 7 million to clear debris. A similar program in New York and New Jersey, with many more zeros at the end of it, may jump-start small businesses and encourage them to stick it out.

“Where am I going to get the capital to start over?” Rob wonders. “I’m not borrowing the money. I’m not going into debt again.”

Rob, Matt, and Bernard are walking down Midland Avenue to Father Capodanno Boulevard, which runs alongside the Atlantic, now blocked from view by an eight-story-high pile of toxic rubbish on the beach. Garbage and dump trucks are idling on the highway, waiting to unload more of what used to be the interior walls, floors, and fixtures of people’s homes and is now labeled hazardous waste.

In better times, the men had strolled along this beach with their children, and each shared the same dream: that they could pass on the business to their kids. Now, with the beach closed, the three head up the boulevard, turn inland along Hunter Avenue, and then back to the store. On every block, in every other house, families are digging out, piling their ruined possessions in heaps along the sidewalk, waiting for sanitation trucks to take them to the beach.

“See, here’s the thing,” says Matt. “The people who own their own houses, they might stay. But if you were renting? Would you wait two months till the landlord made your house habitable?”

Bernard says, “Our customers may be gone.”

“If we were a big company,” says Matt, “if we had real money, we’d hire a team to go out and survey the neighborhood to see who’s staying and who’s going, who has pets.”

Rob recalls all the talk during the presidential campaign about small businesses being the backbone of America. “Sometimes,” he says, “I think what they mean by small business is actually big business.”

A woman with red hair comes out of her house and asks how Rob and the guys are doing. “I saw what happened to the store,” she says. “Terrible.”

“You got power?” Rob asks.

She shakes her head. “No power. We got water.”

“How’s your dog?” Rob asks.

“He died.”

Rob says he’s sorry.

As he’s walking away, he smiles and says, “I hope she gets another dog.”

Back at the store, the relief workers are long gone, and they’ve taken all the remaining undamaged retail racks with them, without asking. Steadily, Rob’s customers and neighbors come up and give him a hug. One customer who stuck it out through the storm, the water in his house rising up to his neck, somehow saved three of his five cats. “Thank God, thank God,” he says. Rob looks around the store for some unopened cat food. Another neighbor comes by and recommends drinking plenty of Irish whiskey.

Matt is inside the store, kicking at the ruins. “My son Gavin, he’s three, he heard about the damage and he said, ‘Daddy, I’ll fix it. I’ll bring my paintbrush and fix it all up.’”

Rob nods. “In my heart, I want to reopen. But my head is telling me it may not happen.”

As he speaks, an attractive blonde wearing gold-rimmed sunglasses parks her convertible Lexus and walks up to the store before noticing it’s not exactly open for business. She looks around, confused. “When did this happen?” she asks.

She gets back into her car and drives away.

Greenfeld is a Bloomberg Businessweek contributor.

Businessweek.com — Top News

Read More..

Myanmar cracks down on mine protest; dozens hurt

MONYWA, Myanmar (AP) — Security forces used water cannons and other riot gear Thursday to clear protesters from a copper mine in in northwestern Myanmar, wounding villagers and Buddhist monks just hours before opposition leader Aung San Suu Kyi was to visit the area to hear their grievances.

The crackdown at the Letpadaung mine near the town of Monywa risks becoming a public relations and political fiasco for the reformist government of President Thein Sein, which has been touting its transition to democracy after almost five decades of repressive military rule.

The environmental and social damage allegedly produced by the mine has become a popular cause in activist circles, but was not yet a matter of broad public concern. However, hurting monks — as admired for their social activism as they are revered for their spiritual beliefs — is sure to antagonize many ordinary people, especially as Suu Kyi’s visit highlights the events.

“This is unacceptable,” said Ottama Thara, a 25-year-old monk who was at the protest. “This kind of violence should not happen under a government that says it is committed to democratic reforms.”

According to a nurse at a Monywa hospital, 27 monks and one other person were admitted with burns caused by some sort of projectile that released sparks or embers. Two of the monks with serious injuries were sent for treatment in Mandalay, Myanmar’s second biggest city, a 2 ½ hour drive away. Other evicted protesters gathered at a Buddhist temple about 5 kilometers (3 miles) from the mine’s gates.

Lending further sympathy to the protesters’ cause is whom they are fighting against. The mining operation is a joint venture between a Chinese company and a holding company controlled by Myanmar’s military. Most people remain suspicious of the military, while China is widely seen as having propped up army rule for years, in addition to being an aggressive investor exploiting the country’s many natural resources.

Government officials had publicly stated that the protest risked scaring off foreign investment that is key to building the economy after decades of neglect.

State television had broadcast an announcement Tuesday night that ordered protesters to cease their occupation of the mine by midnight or face legal action. It said operations at the mine had been halted since Nov. 18, after protesters occupied the area.

Some villagers among a claimed 1,000 protesters left the six encampments they had at the mine after the order was issued. But others stayed through Wednesday, including about 100 monks.

Police moved in to disperse them early Thursday.

“Around 2:30 a.m. police announced they would give us five minutes to leave,” said protester Aung Myint Htway, a peanut farmer whose face and body were covered with black patches of burned skin. He said police fired water cannons first and then shot what he and others called flare guns.

“They fired black balls that exploded into fire sparks. They shot about six times. People ran away and they followed us,” he said, still writhing hours later from pain. “It’s very hot.”

Photos of the wounded monks showed they had sustained serious burns on parts of their bodies. It was unclear what sort of weapon caused them.

The protest is the latest major example of increased activism by citizens since the elected government took over last year. Political and economic liberalization under Thein Sein has won praise from Western governments, which have eased sanctions imposed on the previous military government because of its poor record on human and civil rights. However, the military still retains major influence over the government, and some critics fear that democratic gains could easily be rolled back.

In Myanmar’s main city of Yangon, six anti-mine activists who staged a small protest were detained Monday and Tuesday, said one of their colleagues, who asked not to be identified because he did not want to attract attention from the authorities.

Asia News Headlines – Yahoo! News

Read More..

Seattle police plan for helicopter drones hits severe turbulence

SEATTLE (Reuters) – One of the latest crime-fighting gadgets to emerge on the wish lists of U.S. law enforcement agencies – drone aircraft – has run into heavy turbulence in Seattle over a plan by police to send miniature robot helicopters buzzing over the city.

A recent push for unmanned police aircraft in several cities is being driven largely by grants from the U.S. Department of Homeland Security, including more than $ 80,000 the city of Seattle used to buy a pair of drone choppers in 2010.

But getting aerial drones off the ground has run into stiff opposition from civil libertarians and others who say the use of stealth airborne cameras by domestic law enforcement raises questions about privacy rights and the limits of police search powers.

The aircraft would never carry weapons, but the use of drones for even mundane tasks raises ire among some because of the association of pilotless crafts with covert U.S. missile strikes in places such as Pakistan and Yemen.

In Seattle last month, a community meeting where police officials presented plans to deploy their two remote-controlled helicopters erupted into yelling and angry chants of “No drones!”

“My question is simple: What’s the return policy for the drones?” said Steve Widmayer, 57, one of numerous citizens who spoke out against the unmanned aircraft. He predicted the City Council would commit “political suicide” if it backed the plan.

Seattle City Councilman Bruce Harrell said he hoped the council would set strict drone policies by January.

Police in Seattle, along with Florida’s Miami-Dade County and Houston, are among a handful of big-city law enforcement departments known to have acquired aerial drones. But those cities have not started operating the robot aircraft.

FEAR OF FLYING ROBOTS

In Oakland, California, this month, an Alameda County sheriff’s application for a federal grant to buy an aerial drone to help monitor unruly crowds and locate illegal marijuana farms drew opposition at a Board of Supervisors meeting.

“I do not want flying spy robots looking into my private property with infrared cameras,” Oakland resident Mary Madden said. “It’s an invasion of my privacy.”

County Board President Nate Miley said the issue would be taken up by the supervisors’ Public Protection Committee.

The two Draganflyer X6 remote-controlled miniature helicopters purchased by Seattle have so far been mostly grounded, restricted to training and demonstration flights.

Equipped to carry video, still and night-vision cameras, they can remain aloft for only 15 minutes at a time before their batteries run out, police said.

Assistant Police Chief Paul McDonagh said the aircraft would not be used in Seattle for surveillance or for monitoring street protests. Instead, his department’s plans to deploy drones to search for missing persons, pursue fleeing suspects, assist in criminal investigations and for unspecified “specific situations” subject to McDonagh’s approval.

Seattle City Councilman Bruce Harrell said he hoped the council would set strict drone policies by January.

Months ago in Texas, Chief Deputy Randy McDaniel of the Montgomery County Sheriff’s Office raised eyebrows by saying he hoped to equip his department’s drones with rubber bullets and tear gas, though he told Reuters his thinking on armed aircraft has since evolved.

“From a law enforcement standpoint, that’s never going to happen,” he said. McDaniel said his office received Federal Aviation Administration clearance earlier this month to begin operational drone flights but has not yet had occasion to do so.

Actual U.S. domestic use of law-enforcement drone aircraft remains extremely limited.

The Mesa County Sheriff’s Department in Colorado has been operating two small drones, also bought with Homeland Security funds, since 2010.

It uses them largely to create three-dimensional images of crime scenes, said Benjamin Miller, director of the department’s drone program. They are not used for surveillance, he said.

In North Dakota, the Grand Forks police department last year called in a high-flying Predator drone operated by the U.S. Department of Homeland Security to monitor a tense standoff with a rancher over alleged stolen cattle.

The rancher, Rodney Brossart, and five family members are believed to be the first Americans nabbed by police with drone assistance – with the possible exception of operations along the southwest border with Mexico.

The use of drones there by the Customs and Border Protection agency – a part of Homeland Security – led to 7,500 arrests and the seizure of thousands of pounds of drugs up to the end of last year.

The nationality of those arrested in drone assisted operations in the borderlands is not clear, nor is if Customs and Border Protection partnered with local forces in any of those arrests.

(Editing by Steve Gorman and Jackie Frank)

Gadgets News Headlines – Yahoo! News

Read More..

House Speaker Boehner optimistic on averting fiscal crisis

(Reuters) – House Speaker John Boehner voiced optimism that Republicans could broker a deal with the White House to avoid year-end austerity measures, saying on Wednesday that Republicans were willing to put revenues on the table if Democrats agreed to spending cuts.

“I am optimistic that we can continue to work together to avert this crisis sooner rather than later,” the Ohio Republican told reporters. “We (Republicans) put revenue on the table as long as it is accompanied by serious spending cuts to avert this crisis.”

The $ 600 billion in tax increases and spending cuts will start going into effect early next year if the Obama administration and lawmakers cannot agree on how to change the law. Top policymakers say these austerity measures could topple the U.S. economy back into a recession.

(Reporting by Richard Cowan; Editing by Bill Trott)

Health News Headlines – Yahoo! News

Read More..

IMF says Spain’s financial reform on track, challenges ahead

MADRID (Reuters) – Spain’s financial sector reform is on track and all deadlines have been met so far but difficult steps still lie ahead while risks for the economy and the country’s lenders remain high, the International Monetary Fund said on Wednesday.

The report follows European Commission approval of the recapitalization plans of four nationalized Spanish banks, under a 100 billion euro European credit line agreed in June.

“The financial sector program is on track so far, with all deadlines met. However, the most challenging steps lie ahead, especially those related to implementing bank restructuring plans and making the asset management company effective,” the IMF said in its first progress report on the financial reform.

It added that bank liquidity remains a risk that is only mitigated by extensive support from the European Central Bank, while non-viable lenders should be quickly wound down and mergers that do not generate value should be avoided.

Economic risks remain high, with further headwinds expected from private-sector deleveraging, tight credit, falling house prices, fiscal consolidation, weak confidence and high uncertainty, it said.

(Reporting by Julien Toyer; Editing by Fiona Ortiz)

Economy News Headlines – Yahoo! News

Read More..

US rabbi says jailed American in good health

HAVANA (AP) — A prominent New York rabbi and physician visited an American subcontractor serving a long jail term in Cuba and said the man is in good health, despite his family’s concerns about a growth on his right shoulder.

Rabbi Elie Abadie, who is also a gastroenterologist, told The Associated Press in an exclusive interview following Tuesday’s 2 1/2-hour visit at a military hospital in Havana that he personally examined Alan Gross and received a lengthy briefing from a team of Cuban physicians who have attended him.

He said the 1 1/2-inch growth on Gross’s shoulder appeared to be a non-cancerous hematoma that should clear up by itself.

“Alan Gross does not have any cancerous growth at this time, at least based on the studies I was shown and based on the examination, and I think he understands that also,” Abadie said.

Abadie said the hematoma, basically internal bleeding linked to the rupture of muscle fiber, was likely caused by exercise Gross does in jail. He said the growth ought to eventually disappear on its own.

Gross’s plight has put already chilly relations between Cuba and the United States in a deep freeze. The Maryland native was arrested in December 2009 while on a USAID-funded democracy building program and later sentenced to 15 years in jail for crimes against the state.

He claims he was only trying to help the island’s small Jewish community gain Internet access.

Gross’s health has been an ongoing issue during his incarceration. The 63-year-old, who was obese when arrested, has lost more than 100 pounds while in jail.

Abadie, a rabbi at New York’s Edmund J. Safra Synagogue, said Gross’s weight is appropriate for a man his age and height.

Photos that Abadie and a colleague provided to AP of Tuesday’s meeting with Gross showed him looking thin, but generally appearing to be in good spirits.

In one photo, Gross holds up a handwritten note that says “Hi Mom.”

“He definitely feels strong. He is in good spirits. He feels fit, to quote him, physically. But of course, like any other person who is incarcerated or in prison, he wants to be free. He wants to be able to go back home,” Abadie said.

Gross’s family has repeatedly appealed for his release on humanitarian grounds, noting his health problems and the fact that his adult daughter and elderly mother have both been battling cancer.

Jared Genser, counsel to Alan Gross, said late Tuesday that Rabbi Abadie is not Gross’s physician and he would like an oncologist of his choosing to evaluate him.

“While we are grateful Rabbi Abadie was able to see Alan, we have asked an oncologist to review the test results to determine if they are sufficient to rule out cancer. More importantly, if Alan is so healthy, we cannot understand why the Cuban government has repeatedly denied him an independent medical examination by a doctor of his choosing as is required by international law,” said Genser.

Gross and his wife recently filed a $ 60 million lawsuit against his former Maryland employer and the U.S. government, saying they didn’t adequately train him or disclose risks he was undertaking by doing development work on the Communist-run island.

They filed another lawsuit against an insurance company they say has reneged on commitments to pay compensation in case of his wrongful detention.

Separately, a lawyer for Gross has written the United Nations’ anti-torture expert, saying Cuban officials’ treatment of his client “will surely amount to torture” if he continues to be denied medical care.

Rumors have been swirling in U.S. media that Cuba might soon release Gross as a gesture of good will or in the hopes of winning concessions from the administration of President Barack Obama, but Abadie said that those reports appeared to be false.

“As far as I know there is no truth to it,” he said.

Abadie said he met with senior Cuban officials who expressed their desire to resolve the case “as quickly as possible,” but would not say specifically who he spoke with or what they offered.

“They claim that they are more than willing to sit at the table,” he said.

Cuban officials have strongly implied they hope to trade Gross for five Cuban agents sentenced to long jail terms in the United States, one of whom is already free on bail.

Abadie said Gross made clear that he does not want his case linked to that of the agents, known in Cuba as “The Five Heroes,” because he does not believe he is guilty of espionage.

But Abadie said Gross is hoping for a “constructive and productive” dialogue between U.S. and Cuban officials to resolve his case.

___

Follow Paul Haven on Twitter: http://www.twitter.com/paulhaven.

Latin America News Headlines – Yahoo! News

Read More..

Nintendo says more than 400,000 Wii Us sold in US

NEW YORK (AP) — Nintendo has sold more than 400,000 of its new video game console, the Wii U, in its first week on sale in the U.S., the company said Monday.

The Wii U launched on Nov. 18 in the U.S. at a starting price of $ 300. Nintendo said the sales figure, based on internal estimates, is through Saturday, or seven days later.

The Wii U is the first major game console to launch in six years. It comes with a new touch-screen controller that promises to change how people play games by offering different people in the same room a different experience, depending on the controller used.

Six years ago, Nintendo Co. sold 475,000 of the original Wii in that console’s first seven days in stores, according to data from the NPD Group. The original Wii remains available, and Nintendo said it sold more than 300,000 of them last week, along with roughly 250,000 handheld Nintendo 3DS units and about 275,000 of the Nintendo DS.

At this early stage, demand isn’t the only factor dictating how many consoles are sold. Supply is, too. This means it’s likely that more people wanted to buy the Wii U in the first week than those who were able to. The original Wii was in short supply more than a year after it went on sale.

As of Monday afternoon, the website of Best Buy Co. was sold out of the Wii U. Video game retailer GameStop Corp. said there was at least a three day wait for a deluxe Wii U, which costs $ 350, has more memory and comes with a game called “Nintendo Land.” GameStop still had the basic, $ 300 version available.

Wedbush analyst Michael Pachter estimates that Nintendo will ship 1 million to 1.5 million Wii Us in the U.S. through the end of January.

Gaming News Headlines – Yahoo! News

Read More..

Leading U.S. Democrat Durbin embraces future Medicare reforms

WASHINGTON (Reuters) – Assistant Senate Democratic Leader Dick Durbin, one of U.S. President Barack Obama‘s leading allies, urged fellow liberals on Tuesday to consider reforming the Medicare and Medicaid healthcare programs that they have long fought to shield from cuts.

“Progressives should be willing to talk about ways to ensure the long-term viability of Medicare and Medicaid” programs for the elderly and poor, Durbin said in excerpts of a speech he is to deliver later in the day.

Most Democrats have avoided talking about cutting these two “entitlement” programs, which have been adding to U.S. budget deficits because of the growing numbers of participants and escalating healthcare costs.

Instead, Obama and Democrats in Congress mostly have stressed the need to raise income taxes on the wealthy as part of renewed efforts to reduce budget deficits that have topped $ 1 trillion in each of the past four years.

Lately, Durbin has made high-profile remarks about eventually reducing Medicare and Medicaid costs, just as Republicans have begun talking about raising revenues as part of a tax overhaul effort next year.

On Sunday, Durbin raised the possibility of Democrats accepting Medicare reforms to make higher-income seniors pay more for their care. He made his remarks on ABC’s “This Week” program.

The Illinois senator said, however, that the debate over Medicare and Medicaid should not be part of the more immediate negotiations on averting the “fiscal cliff” of steep tax hikes and spending cuts.

“Meaningful reforms can protect the vulnerable and improve care and efficiency, leaving the programs stronger for future generations,” Durbin said in excerpts of the speech he is to deliver at the Center for American Progress, a liberal think tank.

Durbin’s remarks sought to foster productive talks aimed at averting on January 1 the fiscal cliff, the start of about $ 600 billion worth of tax hikes and automatic spending cuts that could shove the nation into a recession early next year if allowed to go forward.

The key battle pits Republican demands for deep spending cuts against Democrats’ insistence on tax hikes for the wealthiest Americans.

“We can and we should avoid ‘the fiscal cliff’ by acting now – before January 1st – to extend middle class tax cuts for 98 percent of the American people and allow the tax cuts to expire for those earning over $ 250,000 a year,” Durbin said.

Republicans could block any bill that does not extend all tax cuts. But after January 1, with all tax cuts expired, Democrats could draft a bill that cuts taxes only for those earning up to $ 250,000, cranking up pressure on Republicans to go along.

Durbin said decisions on Medicare and Medicaid should not be put off too long.

“Putting the discussions off indefinitely makes our choices harder, our success less likely and negative effects on current beneficiaries a near certainty,” he said.

(Reporting by Thomas Ferraro; Editing by Jackie Frank)

Seniors/Aging News Headlines – Yahoo! News

Read More..

OECD: Europe weighing on global economy

PARIS (AP) — The global economy could easily slide back into recession if its major problems are left to fester, a leading international economic body said Tuesday.

In its half-yearly update, the Organization for Economic Cooperation and Development warned that the recovery will be “hesitant and uneven” over the coming two years and that a new major contraction cannot be ruled out.

“The world economy is far from being out of the woods,” OECD Secretary-General Angel Gurría said. “Governments must act decisively, using all the tools at their disposal to turn confidence around and boost growth and jobs in the United States, Europe and elsewhere.”

Gurria’s downbeat assessment came as the OECD published a fairly glum set of predictions. Though the world economy is expected to grow by 3.4 percent next year, up from 2.9 percent this, the numbers mask big divergences around the world.

Though countries like China, Brazil and India are expected to see growth pick up, the more established economies that the Paris-based OECD traditionally monitors remain stuck in a rut.

In particular, the OECD was gloomier about Europe than in its last forecast six months ago, saying “the greatest threats to the world economy” lie in the 17-country eurozone, which continues to grapple with a debt crisis after three years. A deep global recession is also possible, it said, if the European crisis doesn’t stabilize.

The downbeat report came despite recent that the crisis in the eurozone is ebbing. Earlier Greece’s euro partners and the International Monetary agreed to hand over more bailout cash to the country, a move that’s eliminated fears of an imminent bankruptcy.

The OECD is now predicting a 0.4 percent contraction this year for the eurozone, worse than May’s 0.1 percent forecast. For next year, it’s forecasting a further 0.1 percent fall, in contrast to the previous prediction of 0.9 percent growth.

It also downgraded its forecasts for the U.S. economy and warned that it could be worse if the White House doesn’t clinch a deal with lawmakers on the budget. Assuming a deal is thrashed out, the OECD has penciled in growth of 2 percent for the U.S. next year, down from a forecast of 2.6 percent in May.

The OECD cautioned that growth outside the OECD — which comprises 34 developed economies mostly in North America and Europe – would be slightly faster but crimped by Europe’s troubles.

“A slowdown has surfaced in many emerging market economies, partly reflecting the impact of the recession in Europe,” said Pier Carlo Padoan, the OECD’s chief economist.

The OECD also warned the U.S. and Europe against cutting spending too sharply and too quickly, saying that could further hurt growth prospects. It suggested that countries with stronger economies such as Germany and China could provide temporary fiscal stimulus to boost growth.

“Global prospects remain fragile, with strong downside risks, and are heavily dependent on the speed and decisiveness of policy actions,” it said.

Padoan expressed concern about the so-called fiscal cliff in the U.S., automatic tax increases and steep spending cuts that take effect in January unless President Barack Obama and Congress reach a budget agreement.

“If the fiscal cliff is not avoided, a large negative shock could bring the U.S. and the global economy into recession,” Padoan said.

The report argues for “measured” spending cuts and tax increases.

“Reducing the large federal budget deficit is necessary to restore fiscal sustainability, but this should be done gradually and in the context of a well-identified medium-term consolidation plan,” Padoan said.

The report warned that unemployment would continue to rise in the eurozone from 11.1 percent this year to 12 percent in 2014, but that the rate in the U.S. would gradually decline to 7.5 percent in 2014.

Economy News Headlines – Yahoo! News

Read More..

Mexican beauty queen killed in shootout

CULIACAN, Mexico (AP) — A 20-year-old state beauty queen died in a gun battle between soldiers and the alleged gang of drug traffickers she was traveling with in a scene befitting the hit movie “Miss Bala,” or “Miss Bullet,” about Mexico’s not uncommon ties between narcos and beautiful pageant contestants.

The body of Maria Susana Flores Gamez was found Saturday lying near an assault rifle on a rural road in a mountainous area of the drug-plagued state of Sinaloa, the chief state prosecutor said Monday. It was unclear if she had used the weapon.

“She was with the gang of criminals, but we cannot say whether she participated in the shootout,” state prosecutor Marco Antonio Higuera said. “That’s what we’re going to have to investigate.”

The slender, 5-foot-7-inch brunette was voted the 2012 Woman of Sinaloa in a beauty pageant in February. In June, the model competed with other seven contestants for the more prestigious state beauty contest, Our Beauty Sinaloa, but didn’t win. The Our Beauty state winners compete for the Miss Mexico title, whose holder represents the country in the international Miss Universe.

Higuera said Flores Gamez was traveling in one of the vehicles that engaged soldiers in an hours-long chase and running gun battle on Saturday near her native city of Guamuchil in the state of Sinaloa, home to Mexico’s most powerful drug cartel. Higuera said two other members of the drug gang were killed and four were detained.

The shootout began when the gunmen opened fire on a Mexican army patrol. Soldiers gave chase and cornered the gang at a safe house in the town of Mocorito. The other men escaped, and the gunbattle continued along a nearby roadway, where the gang’s vehicles were eventually stopped. Six vehicles, drugs and weapons were seized following the confrontation.

It was at least the third instance in which a beauty queen or pageant contestants have been linked to Mexico’s violent drug gangs, a theme so common it was the subject of a critically acclaimed 2011 movie.

In “Miss Bala,” Mexico’s official submission to the Best Foreign Language Film category of this year’s Academy Awards, a young woman competing for Miss Baja California becomes an unwilling participant in a drug-running ring, finally getting arrested for deeds she was forced into performing.

In real life, former Miss Sinaloa Laura Zuniga was stripped of her 2008 crown in the Hispanoamerican Queen pageant after she was detained on suspicion of drug and weapons violations. She was later released without charges.

Zuniga was detained in western Mexico in late 2010 along with seven men, some of them suspected drug traffickers. Authorities found a large stash of weapons, ammunition and $ 53,300 with them inside a vehicle.

In 2011, a Colombian former model and pageant contestant was detained along with Jose Jorge Balderas, an accused drug trafficker and suspect in the 2010 bar shooting of Salvador Cabanas, a former star for Paraguay‘s national football team and Mexico’s Club America. She was also later released.

Higuera said Flores Gamez’s body has been turned over to relatives for burial.

“This is a sad situation,” Higuera told a local radio station. She had been enrolled in media courses at a local university, and had been modeling and in pageants since at least 2009.

Javier Valdez, the author of a 2009 book about narco ties to beauty pageants entitled “Miss Narco,” said “this is a recurrent story.”

“There is a relationship, sometimes pleasant and sometimes tragic, between organized crime and the beauty queens, the pageants, the beauty industry itself,” Valdez said.

“It is a question of privilege, power, money, but also a question of need,” said Valdez. “For a lot of these young women, it is easy to get involved with organized crime, in a country that doesn’t offer many opportunities for young people.”

Sometimes drug traffickers seek out beauty queens, but sometimes the models themselves look for narco boyfriends, Valdez said.

“I once wrote about a girl I knew of who was desperate to get a narco boyfriend,” he said. “She practically took out a classified ad saying ‘Looking for a Narco’.”

The stories seldom end well. In the best of cases, a beautiful woman with a tear-stained face is marched before the press in handcuffs. In the worst of cases, they simply disappear.

“They are disposable objects, the lowest link in the chain of criminal organizations, the young men recruited as gunmen and the pretty young women who are tossed away in two or three years, or are turned into police or killed,” Valdez said.

___

Associated Press Writer E. Eduardo Castillo contributed to this report

Latin America News Headlines – Yahoo! News

Read More..

Yes, the Government Can Still Spy on Your Digital Life (for Now)

Ahead of a controversial Senate debate on digital privacy this week, the battle over warrantless cell-phone and Internet searches is beginning to take shape — even as law-enforcement agencies continue to carry out the searches anyway. Judges across the country have thrown out cases that used tracked digital American lives without warrants, but others haven’t, reports The New York Times‘s Somini Sengupta. A DC court, for example, compared text messages to voicemail messages, which because they can be overheard are not protected by state privacy laws, argued one judge. A Louisiana court is deciding if cell-phone records are like business records. Another court ruled that GPS cell phone tracking without a warrant was fine, too. Others, however, argue that cell phones are more than just a paper trail. One judge called cell phones “raw, unvarnished and immediate, revealing the most intimate of thoughts and emotions,” as in something that is subject to higher privacy standards. Meanwhile, we see the same inconsistencies with Internet protections, reports The Wall Street Journal‘s Joe Pallazolo. A federal court recently ruled that people who use their neighbors’ WiFi without permission forfeit privacy, opening up government officials to warrantless searches. The same ruling other courts have made for IP addresses. However, the law isn’t that clear-cut, either, argues George Washington University professor Oren Kerr. 

RELATED: Anonymous’s and LulzSec’s Overlapping, FBI-Thwarting Pasts

Without clear rules, government agencies have continued investigations with warrantless searches. As people have started using cell phones more often and for more than just calling, law enforcement agency requests for cell-phone information have increased, reported The New York Times‘s Eric Lichtblau earlier this year. AT&T gets more than 700 requests a day from various agencies, triple what it got in 2007, he notes. Last year, the total number of requests came in at at least 1.3 million. At the same time, the application for wiretapping warrants declined 14 percent last year to 2,732, according to the Administrative Office of the United States Courts. A curious pattern considering the requests for information have gone up. Though these wireless carriers say they require a search warrant, a court order or a formal subpoena to release information, “in cases that law enforcement officials deem an emergency, a less formal request is often enough,” writes Lichtblau. Or, it’s possible that law enforcement has opted for other forms of tracking that don’t require warrants, at least not according to some judges. 

RELATED: Saints GM Denies Using Nixonian Dirty Tricks; Directing the NFL Draft

A Senate debate beginning Thursday to make changes on the Electronic Communications Privacy Act might bring some clarity to these issues. However, it’s unclear if the revised bill will give the government more or less power, and it doesn’t sound like the vote will apply to all cell phone or Internet data. An early draft of the bill reportedly allowed warrantless e-mail searches, reported CNET’s Declan McCullagh. Since, Senator Patrick Leahy, who is spearheading the bill, has denied that the updates to the regulation will do that, however. Instead, the revised bill will require search warrants to get into email no matter how old, says Sengupta. That should presumably apply to some of our smartphone and Internet data, too. But it doesn’t address text messages or location information, other concerns of consumers.

Wireless News Headlines – Yahoo! News

Read More..

Rolling Stones turn back clock with hit-filled comeback

LONDON (Reuters) – The Rolling Stones turned back the clock in style on Sunday with their first concert in five years, strutting and swaggering their way through hit after familiar hit to celebrate 50 years in business.

Before a packed crowd of 20,000 at London‘s O2 Arena, they banished doubts that age may have slowed down one of the world’s greatest rock and roll bands, as lead singer Mick Jagger launched into “I Wanna Be Your Man”.

More than two hours of high-octane, blues-infused rock later, and they were still going strong with an impressive encore comprising “You Can’t Always Get What You Want” and “Jumpin’ Jack Flash”.

In between there were guest appearances from American R&B singer-songwriter Mary J. Blige, who delivered a rousing duet with Jagger on “Gimme Shelter” and guitarist Jeff Beck who provided the power chords for “I’m Going Down”.

Former Rolling Stones Bill Wyman and Mick Taylor were also back in the fold, performing with the regular quartet of Jagger, Ronnie Wood and Keith Richards on guitar and Charlie Watts on drums for the first time in 20 years.

“It took us 50 years to get from Dartford to Greenwich!” said Jagger, referring to their roots just a few miles from the venue in southeast London. “But you know, we made it. What’s even more amazing is that you’re still coming to see us…we can’t thank you enough.”

The Sunday night gig was the first of two at the O2 Arena before the band crosses the Atlantic to play three dates in the United States.

The mini-tour is the culmination of a busy few months of events, rehearsals and recordings to mark 50 years since the rockers first took to the stage at the Marquee Club on London‘s Oxford Street in July, 1962.

There has been a photo album, two new songs, a music video, a documentary film, a blitz of media appearances and a handful of warm-up gigs in Paris.

“STYLE AND PANACHE”

The reunion nearly did not happen. One factor behind the long break since their record-breaking “A Bigger Bang” tour in 2007 has been Wood’s struggle with alcohol addiction, while Jagger and Richards also fell out over comments the guitarist made about the singer in a 2010 autobiography.

But they eventually buried the hatchet, and Richards joked in a recent interview: “We can’t get divorced – we’re doing it for the kids!”

Critics were fulsome in their praise of the first comeback gig.

“Keith Richards has said that the beauty of rock and roll is that every night a different band might be the world’s greatest. Well, last night at the O2 Arena, it was the turn of the Rolling Stones themselves to lay claim to the title they invented,” wrote Neil McCormick of the Daily Telegraph.

“And they did it with some style and panache.”

The big question on every fan’s lips is whether the five concerts lead to a world tour and even new material. The Stones sang their two new tracks “Doom and Gloom” and “One More Shot”, which appeared on their latest greatest hits album “GRRR!”.

Richards has hinted that the five concerts ending at the Newark Prudential Center in the United States on December 15 would not be the last.

“Once the juggernaut starts rolling, it ain’t gonna stop,” he told Rolling Stone magazine. “So without sort of saying definitely yes – yeah. We ain’t doing all this for four gigs!”

The band has come in for criticism from fans about the high price of tickets to the shows – they ranged from around 95 pounds ($ 150) to up to 950 pounds for a VIP seat.

The flamboyant veterans, whose average age is 68, have defended the costs, saying the shows were expensive to put on, although specialist music publication Billboard reported the band would earn $ 25 million from the four shows initially announced. A fifth was added later.

“Everybody all right there in the cheap seats,” Jagger asked pointedly as he looked high to his left at the arena. “They’re not really cheap though are they? That’s the trouble.”

Among the biggest cheers on the night were for classics including “Wild Horses”, “It’s Only Rock and Roll” and “Start Me Up”.

There was even time for the odd reference to their advancing years.

“Good to see you all,” said Richards with a mischievous grin. “Good to see anybody.”

(Reporting by Mike Collett-White, editing by Paul Casciato)

Music News Headlines – Yahoo! News

Read More..

UnitedHealth forecasts 2013 profit below Wall St view

(Reuters) – UnitedHealth Group Inc , the largest U.S. private health insurer, said on Monday it expected 2013 earnings of $ 5.25 to $ 5.50 per share, below analysts‘ expectations.

Revenue should be $ 123 billion to $ 124 billion, the company said, higher than the Wall Street target. UnitedHealth gave the forecast in a statement ahead of a Tuesday meeting with analysts and investors.

Analysts had expected 2013 earnings of $ 5.58 per share on revenue of $ 119.12 billion, according to Thomson Reuters I/B/E/S.

UnitedHealth said during a quarterly conference call in October that analysts’ estimates for 2013 were too high, citing the weak economy and government efforts to rein in the deficit. At that time, the consensus was for earnings of $ 5.60 per share.

UnitedHealth has a history of exceeding its forecast, Oppenheimer analyst Michael Wiederhorn said in a research note. “Overall, we believe UNH’s outlook will prove conservative,” he wrote.

Wiederhorn said it was not immediately clear if the Wall Street consensus outlook for 2013 revenue was comparable and included sales from Brazil’s Amil Participacoes SA , which it acquired for $ 4.9 billion.

UnitedHealth also reaffirmed its 2012 outlook for earnings of $ 5.20 to $ 5.25 per share.

(Reporting by Caroline Humer; Editing by Lisa Von Ahn and Jeffrey Benkoe)

Health News Headlines – Yahoo! News

Read More..

Is Jordan Headed for an Arab Spring?

In 2011, during the first wave of the Arab Spring, Jordan stood out as an oasis of stability. Recurrent but largely peaceful protests demanding political reform led to two prime ministers being sacked by King Abdullah II in February and October. This year, in the movement’s next wave, some protesters have shifted their focus to direct criticism of the  monarch—an act that can lead to a prison sentence of up to three years in the kingdom. Could King Abdullah, an American ally in a highly unstable region, be the next casualty of popular upheaval?

That’s unlikely at this point mostly because protesters still focus mainly on reforms, both political and economic. They appear willing to give the king one more chance. Whatever he proposes, we can certainly expect a bumpy road before the monarch manages to reclaim any domestic legitimacy, especially after almost two years of significant political and economic crises. Not helping are the growing presence of jihadists —11 members of an al Qaeda-linked cell were arrested in October in an alleged local bomb plot—and the influx of more than 100,000 refugees from neighboring Syria.

In early September, thousands of protesters in nine of Jordan’s 12 provinces demanded the resignation of Prime Minister Fayez al-Tarawneh after the government decided to raise fuel prices by 10 percent. Although King Abdullah promptly suspended the government’s move, some protesters openly mocked him, leading to at least 15 arrests. In October, more than 10,000 Jordanians protested for political reforms in the capital, Amman, despite the king’s call for early elections and plans for electoral reform.

Most recently, in mid-November, thousands protested in cities and towns in more than 100 demonstrations across Jordan following the government’s decision to lower fuel subsidies once again—this time to avoid complete economic collapse by reducing the country’s budget deficit and securing a $ 2 billion loan from the International Monetary Fund. In some rallies, protesters spoke out against the king; in Dhiban, some burned pictures of him. The Islamist opposition—the Muslim Brotherhood’s Islamic Action Front (IAF) party—has been vocal about its intention to keep protests going, despite the use by riot police of water canons and tear gas on protesters. So far 17 civilians and 58 policemen have been hurt, one protester has been killed, and 158 have been arrested. The military has said it will use “an iron fist” against protesters who “harm public or private facilities or citizens.”

All this unrest exacerbates a severe political crisis. Besides the dismissal of two prime ministers in 2011, three prime ministers have already held power this year: Awn al-Khasawneh, Fayez al-Tarawneh, and the current leader, Abdullah Ensour. King Abdullah has called for elections to be held on Jan. 23, but the opposition—particularly the IAF—has announced plans to boycott the election. Despite concessions by the king that include a constitutional court and an election that will apparently produce an elected prime minister for the first time, rather than one appointed by the monarch, the unrest will probably continue until the IAF and the monarchy reach some consensus about the election.

The economic crisis is severe. Unemployment stands officially at more than 11 percent, but unofficial estimates suggest it is as high as 30 percent. Prices of such basic items as heating kerosene and cooking gas have, respectively, increased by more than 30 percent and 50 percent following the removal of government subsidies. The country faces a significant energy crisis. Much-needed aid from Saudi Arabia and other Arab nations has not yet been delivered. The monarch’s promise of “comprehensive development” clearly isn’t appeasing anyone.

There’s no question that King Abdullah’s domestic legitimacy has eroded significantly in the last two months. This growing legitimacy crisis will continue into 2013—unless there arrives some kind of political agreement involving the IAF, along with economic concessions providing immediate popular relief. If not, Jordan’s days of absolute monarchy could be numbered, despite international support from the U.S., Israel, and other Arab monarchies.

Businessweek.com — Top News

Read More..