"Great Rotation"- A Wall Street fairy tale?

NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights.


That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January.


Late-stage bull markets are typically marked by an influx of small investors coming late to the party - such as when your waiter starts giving you stock tips. For that to happen you need a good story. The "great rotation," with its monumental tone, is the perfect narrative to make you feel like you're missing out.


Even if something approaching a "great rotation" has begun, it is not necessarily bullish for markets. Those who think they are coming early to the party may actually be arriving late.


Investors pumped $20.7 billion into stocks in the first four weeks of the year, the strongest four-week run since April 2000, according to Lipper. But that pales in comparison with the $410 billion yanked from those funds since the start of 2008.


"I'm not sure you want to take a couple of weeks and extrapolate it into whatever trend you want," said Tobias Levkovich, chief U.S. equity strategist at Citigroup. "We have had instances where equity flows have picked up in the last two, three, four years when markets have picked up. They've generally not been signals of a continuation of that trend."


The S&P 500 rose 5 percent in January, its best month since October 2011 and its best January since 1997, driving speculation that retail investors were flooding back into the stock market.


Heading into another busy week of earnings, the equity market is knocking on the door of all-time highs due to positive sentiment in stocks, and that can't be ignored entirely. The Standard & Poor's 500 Index <.spx> ended the week about 4 percent from an all-time high touched in October 2007.


Next week will bring results from insurers Allstate and The Hartford , as well as from Walt Disney , Coca-Cola Enterprises and Visa .


But a comparison of flows in January, a seasonal strong month for the stock market, shows that this January, while strong, is not that unusual. In January 2011 investors moved $23.9 billion into stock funds and $28.6 billion in 2006, but neither foreshadowed massive inflows the rest of that year. Furthermore, in 2006 the market gained more than 13 percent while in 2011 it was flat.


Strong inflows in January can happen for a number of reasons. There were a lot of special dividends issued in December that need reinvesting, and some of the funds raised in December tax-selling also find their way back into the market.


During the height of the tech bubble in 2000, when retail investors were really embracing stocks, a staggering $42.7 billion flowed into equities in January of that year, double the amount that flowed in this January. That didn't end well, as stocks peaked in March of that year before dropping over the next two-plus years.


MOM AND POP STILL WARY


Arguing against a 'great rotation' is not necessarily a bearish argument against stocks. The stock market has done well since the crisis. Despite the huge outflows, the S&P 500 has risen more than 120 percent since March 2009 on a slowly improving economy and corporate earnings.


This earnings season, a majority of S&P 500 companies are beating earnings forecast. That's also the case for revenue, which is a departure from the previous two reporting periods where less than 50 percent of companies beat revenue expectations, according to Thomson Reuters data.


Meanwhile, those on the front lines say mom and pop investors are still wary of equities after the financial crisis.


"A lot of people I talk to are very reluctant to make an emotional commitment to the stock market and regardless of income activity in January, I think that's still the case," said David Joy, chief market strategist at Columbia Management Advisors in Boston, where he helps oversee $571 billion.


Joy, speaking from a conference in Phoenix, says most of the people asking him about the "great rotation" are fund management industry insiders who are interested in the extra business a flood of stock investors would bring.


He also pointed out that flows into bond funds were positive in the month of January, hardly an indication of a rotation.


Citi's Levkovich also argues that bond investors are unlikely to give up a 30-year rally in bonds so quickly. He said stocks only began to see consistent outflows 26 months after the tech bubble burst in March 2000. By that reading it could be another year before a serious rotation begins.


On top of that, substantial flows continue to make their way into bonds, even if it isn't low-yielding government debt. January 2013 was the second best January on record for the issuance of U.S. high-grade debt, with $111.725 billion issued during the month, according to International Finance Review.


Bill Gross, who runs the $285 billion Pimco Total Return Fund, the world's largest bond fund, commented on Twitter on Thursday that "January flows at Pimco show few signs of bond/stock rotation," adding that cash and money markets may be the source of inflows into stocks.


Indeed, the evidence suggests some of the money that went into stock funds in January came from money markets after a period in December when investors, worried about the budget uncertainty in Washington, started parking money in late 2012.


Data from iMoneyNet shows investors placed $123 billion in money market funds in the last two months of the year. In two weeks in January investors withdrew $31.45 billion of that, the most since March 2012. But later in the month money actually started flowing back.


(Additional reporting by Caroline Valetkevitch; Editing by Kenneth Barry)



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As Self-Immolations Near 100, Some Tibetans Ask, Is It Worth It?





NEW DELHI — A crowd of Tibetans came here to India’s capital last week, bearing flags and political banners and a bittersweet admixture of hope and despair. A grim countdown was under way: The number of Tibetans who have set themselves on fire to protest Chinese rule in Tibet had reached 99, one short of an anguished milestone.




Yet as that milestone hung over the estimated 5,000 Tibetans who gathered in a small stadium, so did an uncertainty about whether the rest of the world was paying attention at all. In speeches, Tibetan leaders described the self-immolations as the desperate acts of a people left with no other way to draw global attention to Chinese policies in Tibet.


“What is forcing these self-immolations?” Lobsang Sangay, prime minister of the Tibetan government-in-exile, asked in an interview. “There is no freedom of speech. There is no form of political protest allowed in Tibet.”


Billed as the Tibetan People’s Solidarity Campaign, the four-day gathering featured protests, marches, Buddhist prayer sessions and political speeches in an attempt to push Tibet back onto a crowded international agenda. If the Arab Spring has inspired hope among some Tibetans that political change is always possible, it has also offered a sobering reminder that no two situations are the same, nor will the international community respond in the same fashion.


“The world is paying attention, but not enough,” Mr. Sangay added. “There was a self-immolation in Tunisia which was labeled the catalyst for the Arab Spring. We’ve been committed to nonviolence for many decades. And how come we have been given less support than what we witnessed in the Arab world?”


Yet even as the self-immolations have become central to the Tibetan protest movement, a quiet debate has been under way among Tibetans who are anguished over the deaths of their young men and who question how the acts reconcile with Buddhist teachings. Again and again, speakers emphasized that the Tibetan movement remains nonviolent and that the people who have self-immolated harmed only themselves.


“None of them have tried to harm anybody else,” said Penpa Tsering, the speaker of the Tibetan Parliament, which is based in Dharamsala, the Indian city that is host to the exiled Tibetan government. “None of the 99 people have tried to harm any Chinese.”


The Tibetan self-immolations began in 2009 as protests against China’s rule in Tibetan regions of the country. At least 81 Tibetans have died after their acts, and nearly all the self-immolations have occurred inside Tibet, with news smuggled out via e-mail or through networks of advocacy groups.


The Chinese authorities have responded by taking a harder line. Last week, a Chinese court handed down stiff sentences to a Tibetan monk and his nephew on charges that they had urged eight people to set themselves on fire, according to Chinese state news media. The monk was given a suspended death sentence, usually equivalent to life in prison, and the authorities have made it clear that committing or encouraging the act will be treated as intentional homicide. (Mr. Sangay said that six others in a different area of Tibet were also given harsh sentences.)


The Chinese government has blamed the Dalai Lama, the Tibetan spiritual leader, for inciting ordinary Tibetans to carry out self-immolations. Tibetans rebut the claim, saying the cause is Chinese repression.


“What are you left with?” Mr. Penpa asked. “The only thing you can do is sacrifice your life.”


With the Dalai Lama having ceded political control of the Tibetan government — and having encouraged the elections that elevated Mr. Sangay, a former lecturer at Harvard, to prime minister — the Tibetan movement is in flux. To some degree, last week’s events were part of continued efforts to establish Mr. Sangay and other democratically elected Tibetan members of Parliament as figures capable of rallying political support for a movement long dependent on the charisma and stature of the Dalai Lama. (He did not attend the gathering.)


For more than a half century, India has been the primary host of exiled Tibetans, and many of the people who flocked to New Delhi came from special Tibetan villages elsewhere in the country. Lobsang Thai, 28, who came from Mundgod, a Tibetan village in the Indian state of Karnataka, said the self-immolations reflected the desperate situation in Tibet. “I don’t think it is about right or wrong,” he said. “That is the only thing we can do without hurting other people. That’s the best way to get the world’s attention.”


Tenzin Losec, 42, who is from Mainpat, a Tibetan village in the Indian state of Chhattisgarh, agreed. “This is very sad for us,” he said. “But people inside Tibet, they have no other way. They have no rights. Outside Tibet, we are trying to raise awareness around the world.”


Tibetan leaders were determined to portray the week’s events as evidence that the global community, especially India, supported their aspirations. Lawmakers and other political figures from India’s leading political parties appeared at different events, though the government’s top leaders stayed away.


Mr. Sangay and others want the United Nations to push China to improve conditions in Tibet and also to allow inspectors to tour the region. “The Chinese government should feel pressure to do something,” he said. “This is leading to a vicious cycle: hard-line policies, protests, repression, more hard-line policies, more protests, more repression.”


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Sony Teases ‘The Future’ of PlayStation in Short #PlayStation2013 Video






Sony‘s CEO, Kazuo Hirai, said he would let Microsoft “make the first move” when it came to releasing a next-generation game console, according to IGN’s Daniel Krupa. But now the official PlayStation blog is teasing viewers with a video entitled “See the Future,” with the #PlayStation2013 Twitter hashtag.


Whatever the future is, it’s apparently got something to do with Feb. 20, the date mentioned in the video. But when it gets here, what will it be like?






PlayStation2013 probably isn’t the actual name


Previous rumors have suggested the next PlayStation console won’t be called the PlayStation 4, because the number 4 is associated with death in Japanese culture. If Sony’s willing to break with its numbering scheme because of tradition, it may be unlikely to tag the actual new PlayStation console itself with the number 13, which is regarded as unlucky in the United States.


Much more powerful hardware


This one’s a given. Unlike in the PC and tablet gaming world, where hardware is regularly updated and improvements tend to be incremental, video game consoles tend to wait years to update before leaping ahead — if you don’t count the two smaller redesigns the PS3 has had over the years while keeping the same performance, anyway, or the introduction of the PlayStation Move controller.


The PlayStation 3‘s big performance draw was its ability to play games on an HDTV, with an upgrade to graphics realism to match. A report by Kotaku’s Luke Plunkett last year suggests that the new PlayStation console may be able to play 3D games (on a 3D HDTV, that is) in 1080p resolution, or regular games in 4096×2160. The latter would basically require a TV as sharp as Apple’s Retina Display.


Far fewer games?


The same report, however, suggests that — as Sony eventually did with the PlayStation 3 — the “PlayStation 4″ may not be able to play any games from the previous generation of consoles.


The PlayStation 3 debuted with the ability to run PlayStation 2 games, but this required it to have both of the PS2′s processor chips inside it. This console-within-a-console design helped push the PS3′s launch price up to $ 599, and Sony soon dropped one of the chips before abandoning them completely. Today’s PlayStation 3 consoles can only play the handful of PS2 games that have been re-released digitally (and are bought separately) on the PlayStation Network.


No place like Home


If the new PlayStation console can’t run PS3 games, that may mean the end of PlayStation Home, Sony’s virtual world and social gaming platform in the style of Second Life (but with Facebook-style games). IGN’s Andrew Goldfarb notes that Sony recently filed a trademark on “BigFest,” however, which it describes as an “online player networking” service in similar terms as PlayStation Home.


Jared Spurbeck is an open-source software enthusiast, who uses an Android phone and an Ubuntu laptop PC. He has been writing about technology and electronics since 2008.


Linux/Open Source News Headlines – Yahoo! News




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New rules aim to get rid of junk foods in schools


WASHINGTON (AP) — Most candy, high-calorie drinks and greasy meals could soon be on a food blacklist in the nation's schools.


For the first time, the government is proposing broad new standards to make sure all foods sold in schools are more healthful.


Under the new rules the Agriculture Department proposed Friday, foods like fatty chips, snack cakes, nachos and mozzarella sticks would be taken out of lunch lines and vending machines. In their place would be foods like baked chips, trail mix, diet sodas, lower-calorie sports drinks and low-fat hamburgers.


The rules, required under a child nutrition law passed by Congress in 2010, are part of the government's effort to combat childhood obesity. While many schools already have improved their lunch menus and vending machine choices, others still are selling high-fat, high-calorie foods.


Under the proposal, the Agriculture Department would set fat, calorie, sugar and sodium limits on almost all foods sold in schools. Current standards already regulate the nutritional content of school breakfasts and lunches that are subsidized by the federal government, but most lunchrooms also have "a la carte" lines that sell other foods. Food sold through vending machines and in other ways outside the lunchroom has never before been federally regulated.


"Parents and teachers work hard to instill healthy eating habits in our kids, and these efforts should be supported when kids walk through the schoolhouse door," Agriculture Secretary Tom Vilsack said.


Most snacks sold in school would have to have less than 200 calories. Elementary and middle schools could sell only water, low-fat milk or 100 percent fruit or vegetable juice. High schools could sell some sports drinks, diet sodas and iced teas, but the calories would be limited. Drinks would be limited to 12-ounce portions in middle schools and to 8-ounce portions in elementary schools.


The standards will cover vending machines, the "a la carte" lunch lines, snack bars and any other foods regularly sold around school. They would not apply to in-school fundraisers or bake sales, though states have the power to regulate them. The new guidelines also would not apply to after-school concessions at school games or theater events, goodies brought from home for classroom celebrations, or anything students bring for their own personal consumption.


The new rules are the latest in a long list of changes designed to make foods served in schools more healthful and accessible. Nutritional guidelines for the subsidized lunches were revised last year and put in place last fall. The 2010 child nutrition law also provided more money for schools to serve free and reduced-cost lunches and required more meals to be served to hungry kids.


Sen. Tom Harkin, D-Iowa, has been working for two decades to take junk foods out of schools. He calls the availability of unhealthful foods around campus a "loophole" that undermines the taxpayer money that helps pay for the healthier subsidized lunches.


"USDA's proposed nutrition standards are a critical step in closing that loophole and in ensuring that our schools are places that nurture not just the minds of American children but their bodies as well," Harkin said.


Last year's rules faced criticism from some conservatives, including some Republicans in Congress, who said the government shouldn't be telling kids what to eat. Mindful of that backlash, the Agriculture Department exempted in-school fundraisers from federal regulation and proposed different options for some parts of the rule, including the calorie limits for drinks in high schools, which would be limited to either 60 calories or 75 calories in a 12-ounce portion.


The department also has shown a willingness to work with schools to resolve complaints that some new requirements are hard to meet. Last year, for example, the government relaxed some limits on meats and grains in subsidized lunches after school nutritionists said they weren't working.


Schools, the food industry, interest groups and other critics or supporters of the new proposal will have 60 days to comment and suggest changes. A final rule could be in place as soon as the 2014 school year.


Margo Wootan, a nutrition lobbyist for the Center for Science in the Public Interest, said surveys by her organization show that most parents want changes in the lunchroom.


"Parents aren't going to have to worry that kids are using their lunch money to buy candy bars and a Gatorade instead of a healthy school lunch," she said.


The food industry has been onboard with many of the changes, and several companies worked with Congress on the child nutrition law two years ago. Major beverage companies have already agreed to take the most caloric sodas out of schools. But those same companies, including Coca-Cola and PepsiCo, also sell many of the non-soda options, like sports drinks, and have lobbied to keep them in vending machines.


A spokeswoman for the American Beverage Association, which represents the soda companies, says they already have greatly reduced the number of calories that kids are consuming at school by pulling out the high-calorie sodas.


___


Follow Mary Clare Jalonick on Twitter at http://twitter.com/mcjalonick


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Nasdaq rises one percent, Wall Street extends rally


NEW YORK (Reuters) - U.S. stocks hit five-year highs and the Nasdaq rose 1 percent on Friday, after jobs and manufacturing data showed the economy's sluggish recovery is still on track.


The Dow Jones industrial average <.dji> gained 135.05 points, or 0.97 percent, to 13,995.63. The Standard & Poor's 500 Index <.spx> rose 13.85 points, or 0.92 percent, to 1,511.96. The Nasdaq Composite Index <.ixic> advanced 31.27 points, or 1.00 percent, to 3,173.40.


(Reporting by Chuck Mikolajczak; Editing by Bernadette Baum)



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The Lede Blog: Vacation on Syria's Front Lines Goes Wrong for Russian Judge

Last Updated, Friday, 11:43 a.m. A Russian judge who decided to spend his vacation moonlighting as a war correspondent in Syria survived being shot in the face and arm this week in the Damascus suburb of Darayya, according to the Web news agency he writes for as a volunteer.

The shooting of the judge, Sergey Aleksandrovich Berezhnoy, was caught on video by the crew from the Abkhazian Network News Agency he was accompanying as it reported on a unit of the Syrian Army fighting rebel forces outside the capital. The ANNA video report shows him snapping photographs on a ruined street before the incident and includes graphic scenes from the emergency surgery in a Syrian military hospital that saved his life.

A video report from an Abkhazian news agency embedded with the Syrian Army outside Damascus showed a Russian judge.

In an interview with Voice of Russia on Thursday, Mr. Berezhnoy told the state broadcaster: “Now I feel fine. They are making a dressing. Of course I am coming back to Russia. But I want to keep working here until I finished everything I planned. What is going on in Syria hurts me. They are destroying a culture, destroying a civilization, destroying the flower of a nation. And it is very frightening. The whole world needs to fight for Syria.”

What exactly Mr. Berezhnoy, a 57-year-old deputy chairman of a provincial arbitration court in the Russian city of Belgorod, was doing on a Syrian front line on Monday remains unclear. His wife told reporters that her husband had traveled to Syria “on a charity mission,” Russia’s state news agency reported. His boss told a Russian news site that he knew Mr. Berezhnoy was on vacation but had no idea where he had gone until reports of his misadventure in Syria surfaced.

An account of the shooting published on Monday by the blogger and Abkhaz news agency correspondent Marat Musin described the judge as a prize-winning prose stylist. Almost in passing, Mr. Musin also mentioned that Mr. Berezhnoy had fought, as a military intelligence officer, in the separatist wars that followed the dissolution of the Soviet Union in the 1990s. One of those conflicts was in Abkhazia, the breakaway Georgian republic now governed by Russia, Mr. Musin wrote.

Sergey Aleksandrovich who fought for five years as an intelligence officer in Abkhazia and in other hot spots of our vast Motherland did not utter a single groan. Surgery was made by a general, the head of the military hospital. The bullet will be extracted tonight or tomorrow morning.

Before the volunteer member of our agency and well-known writer was wounded, we drove to the front line in the vicinity of Sukaine mosque in Darayya. Sergey Berezhnoy is the winner of many literary prizes, namely for his military prose.

Mr. Musin went on to describe how the Russians embedded with the Syrian Army were forced to cross one “fire-swept street” after another as they attempted to make their way to safety. After a rebel sniper nearly shot the crew’s translator, Viktor Kuznetsov, in the head, Mr. Musin wrote:

The next to cross this street was Sergey. The first bullet did not stop him; neither did the second which hit his arm. He managed to run to the safety of a wall and stood up there.

I couldn’t understand why he was standing there instead of stealing into a hole. When we saw a stream of blood, we realized what had happened. The wounded Sergey Berezhnoy had to run across another fire-swept street. Then we were in a car to the hospital for tomography, x-ray and surgery.

To stifle his groans he tried to joke.

Please, light a candle for the miraculous survival of my friend.

Although most of the reports on the incident framed it as an example of the perils of “extreme tourism,” the reference to Mr. Berezhnoy’s past service in military intelligence got the attention of some reporters in Moscow, who were trying to puzzle out what he was doing in Syria.

But after even state television mentioned his intelligence career, the judge himself denied that he was a spy in a blog post published on the ANNA Web site early Thursday, apparently written after he was discharged from a hospital in Damascus.

As The Moscow Times reported, Mr. Berezhnoy invoked a version of the domino theory to explain his motivation to bear witness to the Syrian struggle against rebels he characterized as sectarian, Islamist terrorists. If President Bashar al-Assad were to fall, he speculated, the instability would quickly ripple to the Russian Caucuses, then to the Volga region and the Urals, until all of “Mother Russia” would be “dismembered.”

Asked about Mr. Berezhnoy’s case at a briefing on Thursday, a Russian foreign ministry spokesman, Aleksandr Lukashevich, described him as a volunteer the government knew nothing about.

The dramatic video of the Russian judge being wounded and operated on drew attention to the work of the previously obscure news agency and raised questions about who its reporting is aimed at. Chief among those questions was why a tiny Georgian enclave attached to Russia’s Black Sea coast would set up a news agency that appears to be devoted almost entirely to coverage of Syria. Of more than 300 video reports posted on the ANNA YouTube channel in the past two years, all but a handful on Libya appear to be about the Syrian civil war, as seen from the government’s perspective.

What relationship, exactly, ANNA bears to Abkhazia is also unclear. According to the agency’s Web site, it was registered in July of 2011 in the Republic of Abkhazia. An online biography for Mr. Musin describes him as the news agency’s manager, a professor at Moscow University and the “deputy head of the Russian Committee for Solidarity with the Peoples of Syria and Libya.”

One theory, supported by the fact that several of the ANNA video reports are subtitled in English, is that the producers of the clips might be working in support of a Russian foreign policy aim, to cast the Syrian government’s battle with “terrorism” in a more positive light for viewers outside Russia. The news agency’s reports, which appear online under the motto “Truth Explaining Facts | Facts Supporting Truth,” could be part of an effort to make a better case for Mr. Assad’s government, and partly redress the imbalance in global public opinion that formed early in 2011, when images of peaceful protesters being shot at by the Syrian security forces flooded social networks.

A typical example is a video report from earlier this month on the fighting in Darayya that features an interview with a Syrian general explaining the struggle. The report begins with images of government soldiers mocking the rebel battle cry of “Allahu Akbar,” or “God Is Great.”

A recent video report, with English subtitles, on the Syrian military’s effort to regain control of a Damascus suburb.

Another video report, from last week, featured interviews with Syrian government soldiers who claimed that the rebels had placed mines in a mosque in the Damascus suburb, “trying to flame a sectarian war; but they will not manage to do so, because the Syrian people are one, while they are foreigners.”

A video report shot last week by a Russian news agency crew embedded with Syrian troops.

While the efforts of the Abkhaz news agency are in line with the Russian government’s support for the Assad government, the battle for Russian hearts and minds is not at all one-sided.

There are many Russian citizens in Syria — 30,000 was the estimate from the Russian embassy there last year, but it could be considerably more than that — in large part as a result of decades of intermarriage between Syrian men and Russian women.

Though Russia’s government has provided Mr. Assad with crucial political support, it is not clear that the Russians in Syria universally support that view — in fact, a deputy foreign minister said in December in an unscripted moment that he believed half the Russians in Syria hold opposition views. In many cases, this may be because they are women married to Syrian men who support the opposition. Moreover, in Syria there are a significant number of ethnic Circassians, a non-Slavic ethnic group that was driven out of the south of Russia by the czar’s armies, and many of them are critical of the Kremlin’s pro-Assad position.

Just last week, the Saudi satellite news channel Al Arabiya discovered (and translated into English) a propaganda video posted online by a rebel brigade in which a Russian-speaking woman declared her allegiance to the Free Syrian Army.

Video posted online by Syrian rebels featured a Russian-speaking woman declaring her support for the uprising.

Wearing a military uniform and holding a camera, the woman said: “I am a Russian citizen and am standing amongst members of the Free Syrian Army. Every person here has the right to fight back and defend himself and his family. Waiting for aid from the Russian government is pointless, and it’s completely idiotic to wait for the Syrian regime’s help as well.”

Her declaration concluded:

Both the Russian and Syrian people are peaceful and of good hearts, but the governments in both countries are aiming to destroy Syria. And a government like this will topple sooner or later.

On a personal level, I used to be a supporter of Bashar al-Assad, until I witnessed with my own eyes how his forces destroyed my neighborhood and killed my relatives. And the shabiha kidnapped girls from the streets and have done many unrighteous acts towards them. As such, we should not forgive them and I will continues to protect whatever is left for me here.

Nikolay Khalip contributed reporting.

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How I learned to stop worrying and love Twitter






Is anything more uniquely American than our free-wheeling, 140-character missives?


Twitter is dead, you guys. Writers used to send pithy tweets across cyberspace, borne on the golden wings of Hermes. Now, as T.S. Eliot would say, “Our dried voices, when we whisper together are quiet and meaningless.” Twitter is so uncool, that even if we resurrected the spirits of Jim Morrison and Jimi Hendrix and got them to tweet never-before-heard song lyrics from the grave, they would have like, 20 followers, tops. And most of them would be spambots. Do you know what else is dead? Rock and roll. When I put on the Dead Weather or Jay-Z, my parents inform me that music used to be all about free love and sharing ideas and now, “Will you turn off that crap you’re hurting my ears.” There is no cool left for me. I must survive on the vapors of Lady Gaga‘s strange perfume and the shiny white veneer of Kim Kardashian‘s teeth. But it’s okay, it’s not like I can tell the difference.






Hi. I’m a twenty-something journalist. And unlike my colleague Matt K. Lewis, I like Twitter.


SEE MORE: Introducing Vine: Twitter’s 6-second video-sharing app


Now, I can see where Matt is coming from. The popularity of Twitter used to befuddle me. When I was in college, I had a private account (rookie mistake) and only followed my friends. My feed read something like an episode of Girls, except with more substance-abuse problems. Twitter did seem kinda like high school, and, as Matt says, was more prison than vision (although to this day, I love a good nonsensical midnight Twitter ramble. And Horse E-Books.) But a couple years later, once I was a working journalist, I started following an increasingly diverse set of people. And another cool thing happened: The Arab Spring. Citizen activists in countries like Egypt, Libya, and Yemen successfully organized revolutionary protests through the social network, and all of a sudden, I stopped viewing Twitter as a place where people just talked about their hangovers. 


Since then, I have been tasked with tweeting from the official accounts of several media organizations — I’m kind of a professional tweeter. By the end of today, I (and my colleagues) will have written and sent out about 70 tweets for Mother Jones — tweets that are (hopefully) informative, spelled correctly, promote our content, match the tone of the publication, and don’t accidentally include cat gifs or naked pictures. If anything should make one despise Twitter, it’s being required to tweet all day long. But instead, it’s only made me more fond of the damn thing.


SEE MORE: 10 famous first tweets from the Pope, Barack Obama, the Dalai Lama, and more


Every day, I get to hear from people, REAL LIVE PEOPLE, who are exercising their free speech rights about something my colleagues and I wrote with our free speech rights. How cool is that? What could be more American than a bunch of strangers conversing in real time about whether the Boy Scouts can constitutionally ban gay members, that great Local Natives album that just came out, and who is really the communist here? (Okay, fine. It’s me.) 


Another point in Twitter’s favor: Go to Facebook or (God forbid) the homepages of various news organizations, and you’re never going to easily or quickly find as many live updates of Hurricane Sandy, the Sandy Hook school shooting, or the 2012 presidential election as you would on Twitter. It’s the go-to place for lightning-quick, easily searchable information. (By contrast, if you need a live update of which color mason jars you should have at your wedding someday, Pinterest has so got you covered.)  


SEE MORE: Why I love Twitter


And unlike journalists exhausted by the troll-y nature of the beast, I like the free-wheeling accessibility of Twitter. The quality of my interactions are mostly positive, probably because I tend to only follow people I would be interested in speaking with in the real world. And just like the real world, sometimes some crazy guy who smells like whiskey and is probably on PCP will try to flash me on the Metro. But that just makes it kind of exciting, right? 


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Want to Own a Hugh Hefner-Approved, Bunny-Worn Wedding Gown?







Style News Now





02/01/2013 at 10:55 AM ET











Hugh Hefner Crystal Harris Wedding Dress Auction
Elayne Lodge


Hugh Hefner’s new bride Crystal Harris may have held on to her wedding dress in between their canceled first wedding and intimate second one, but now she’s ready to get rid of it — for a good cause, of course.


“I am auctioning my wedding dress with @charitybuzz to raise money for lymphoma in memory of Mary,” Harris tweeted Thursday, referring to Mary O’Connor, Hugh Hefner’s longtime secretary, who died Sunday.


In addition to the blush pink Romona Keveza gown Harris wore to get hitched to Hef on New Year’s Eve, she’s also put her satin Aruna Seth flats on the block.


You certainly can’t beat the dress for an interesting back story (or knock the charitable angle), so if the one thing your wedding is missing is a conversation-starting gown, you can bid at CharityBuzz for the next 10 days. Tell us: Would you wear a wedding dress from the Playboy Mansion?


–Alex Apatoff


PHOTOS: SEE WHO MADE OUR LIST OF 2012′S WEDDINGS OF THE YEAR!




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Hedgehog Alert! Prickly pets can carry salmonella


NEW YORK (AP) — Add those cute little hedgehogs to the list of pets that can make you sick.


In the last year, 20 people were infected by a rare but dangerous form of salmonella bacteria, and one person died in January. The illnesses were linked to contact with hedgehogs kept as pets, according to a report released Thursday by the Centers for Disease Control and Prevention.


Health officials on Thursday say such cases seem to be increasing.


The CDC recommends thoroughly washing your hands after handling hedgehogs and cleaning pet cages and other equipment outside.


Other pets that carry the salmonella bug are frogs, toads, turtles, snakes, lizards, chicks and ducklings.


Seven of the hedgehog illnesses were in Washington state, including the death — an elderly man from Spokane County who died in January. The other cases were in Alabama, Illinois, Indiana, Michigan, Minnesota, Ohio and Oregon.


In years past, only one or two illnesses from this salmonella strain have been reported annually, but the numbers rose to 14 in 2011, 18 last year, and two so far this year.


Children younger than five and the elderly are considered at highest risk for severe illness, CDC officials said.


Hedgehogs are small, insect-eating mammals with a coat of stiff quills. In nature, they sometimes live under hedges and defend themselves by rolling up into a spiky ball.


The critters linked to recent illnesses were purchased from various breeders, many of them licensed by the U.S. Department of Agriculture, CDC officials said. Hedgehogs are native to Western Europe, New Zealand and some other parts of the world, but are bred in the United States.


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Online:


CDC report: http://www.cdc.gov/mmwr


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Wall Street flat after mixed data; Qualcomm lifts Nasdaq

NEW YORK (Reuters) - Stocks were little changed on Thursday as investors mulled a mixed bag of economic data, though earnings from Qualcomm helped lift the Nasdaq.


Data showed the labor market improved modestly; the number of Americans filing new claims last week for unemployment benefits rose, beating expectations and bouncing off five-year lows in the prior week.


That comes ahead of Friday's payrolls report, which is expected to show employers added 160,000 jobs in January after an increase of 155,000 in December.


A separate report showed incomes climbed in December by the most in eight years, in an encouraging sign that the economy may be propelled forward through consumer spending.


A gauge of business activity in the U.S. Midwest showed a pick up in January from a more than three-year low in December as new orders jumped. The report followed a disappointing survey from the mid-Atlantic and New York regions.


Qualcomm Inc gained 5.9 percent to $67.25 as the top boost to the Nasdaq 100 <.ndx> after the world's leading supplier of chips for cellphones beat analysts' expectations for quarterly profit and revenue, and raised its targets for the year.


The worst performer on the Nasdaq was Facebook Inc , which lost 5.9 percent to $29.39. The social network company said Wednesday it doubled its mobile advertising revenue in the fourth quarter; however, that growth trailed some of Wall Street's most aggressive estimates.


The Dow Jones industrial average <.dji> gained 22.88 points, or 0.16 percent, to 13,933.30. The Standard & Poor's 500 Index <.spx> gained 0.21 points, or 0.01 percent, to 1,502.17. The Nasdaq Composite Index <.ixic> gained 8.43 points, or 0.27 percent, to 3,150.73.


The S&P 500 <.spx> has gained 5.3 percent in January, after legislators in Washington temporarily sidestepped a "fiscal cliff" of automatic tax increases and spending cuts that could have derailed the economic recovery, and amid improving economic data and better-than-expected corporate earnings.


But the benchmark index has stalled recently and is virtually flat for the week, hovering near the 1,500 mark, as investors look for fresh trading incentives to justify further gains.


"Unfortunately it's still a mixed picture, it appears we are just getting a lot of conflicting data right now," said Jack Ablin, chief investment officer at BMO Private Bank in Chicago.


"There is certainly a lot of information coming out this week - a lot of economic data, a lot of earnings and of course we have the employment number looming Friday, so with 1,500 right here, my guess is there is just not enough conviction to push us substantially higher yet."


United Parcel Service Inc lost 1.6 percent to $79.95 after the world's largest parcel delivery reported fourth-quarter earnings below analysts' estimates on Thursday and forecast weaker-than-expected profit for 2013.


But the Dow Jones Transportation average <.djt> gained 0.5 percent as Kirby Corp added 7.6 percent to $71.57 and Ryder Systems Inc climbed 4.7 percent to $56.79 after posting quarterly results.


Thomson Reuters data through Thursday morning shows that of the 231 companies in the S&P 500 that have reported earnings this season, 69.3 percent have exceeded expectations, a higher proportion than over the past four quarters and above the average since 1994.


Overall, S&P 500 fourth-quarter earnings are forecast to have risen 3.7 percent. That's above a 1.9 percent forecast at the start of the earnings season, but well below a 9.9 percent profit growth forecast on October 1, the data showed.


WMS Industries Inc surged 52.5 percent to $24.96 after the company agreed to be acquired by Scientific Games Corp for $26 per share in cash. Scientific Games jumped 19 percent to $10.63.


(Editing by Bernadette Baum)



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India Ink: Image of the Day: Jan. 31

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Telecoms boom leaves rural Africa behind






JOHANNESBURG/FREETOWN (Reuters) – While mobile phone usage has exploded across Africa over the last decade, transforming daily life and commerce for millions, it’s a revolution that has left behind perhaps two thirds of its people.


Poor or no reception outside the towns helps explain why the continent’s mobile penetration, in terms of the percentage of the population using the service, is far lower than previously thought, and the cost of providing that service to impoverished, sparsely populated areas remains prohibitive.






In rural Sierra Leone, a country where GDP per capita is less than $ 400 a year, money doesn’t grow on trees, but mobile reception can, says street trader Abass Bangura in Freetown, the West African country’s capital.


In parts of Tonkolili, a district in the center of the country, or Kailahun to the east, it’s the only way you can get reception, he said.


“You climb stick, like mango tree, before you have network,” he said.


In South Sudan, the world’s newest state, it’s a similar story. Less than a year old, the country already has five mobile operators, and its capital, Juba, is teeming with giant billboards advertising mobile phones, but go just a few kilometers beyond a handful of fast-growing towns, and cell phones become useless.


Multiple SIM cards help users navigate patchy network coverage and take advantage of price promotions from rival operators.


That is typical of much of the continent.


With a population of just over a billion people, Africa has over 700 million SIM cards, but with most users owning at least two cards, penetration is only about 33 percent, according to a study released in November by industry research firm Wireless Intelligence.


“If we look at the fact that the rural population of Africa is about 60-70 percent of the population, and if we look at the degree of penetration into the rural market, it’s very, very low,” said Spiwe Chireka of advisory firm IDC.


In Nigeria, Africa’s most populous country, there are more than enough SIM cards for everyone, but penetration is only 61 percent, according to a 2012 study by research firm Informa.


The average mobile phone user in Nigeria owns an average of 2.39 SIM cards. Globally, only Indonesia is higher, with an average of 2.62 SIM cards per user.


Even in Africa’s biggest economy, South Africa, SIM numbers comfortably exceed the population, but given the number of people using multiple devices, actual population penetration is closer to 80 percent, says market leader Vodacom.


“You’ve got a lot of people buying SIMs, but maybe not enough phones to put it in,” said Olayemi Jinadu, an executive with the Sierra Leone arm of Indian telco Bharti Airtel.


COST VERSUS BENEFIT


The unserved rural millions could represent another growth opportunity for Africa-focused telcos like South Africa’s MTN Group, Bharti Airtel and Kuwait’s Zain, but first they have to figure out a cost-effective way to push into sub-Saharan Africa’s remote corners.


“There’s great potential, but the big concern for us is operational costs,” said Andre Claasson, chief operating officer at Zain South Sudan.


In rural Africa, the cost of running a network tower often exceeds the revenue it reaps. Fuel is typically about 40 percent of a tower’s operating cost, and in remote areas companies burn more diesel by bringing fuel to towers than is used powering them.


Although roughly 73 percent of Africa’s land has cell phone coverage, according to market research firm IDC, that still leaves vast tracts of rural Africa without network access.


Africa has 170,000 mobile towers now and needs another 60,000, according to tower company IHS Group, which at an average $ 200,000 each means an outlay of $ 12 billion.


“If you are an operator asked to spend $ 200,000 to build a site and another $ 2,000 a month to run it in an area with 500 people herding cows, it doesn’t make sense,” said Issam Darwish, IHS’s chief executive.


Average revenue per user is also low. It can vary between $ 1 and $ 10 per month, much lower than in developed markets such as the United States, which delivered ARPU of $ 51 in 2012 or Britain, $ 27.


Bharti, sub-Saharan Africa’s third-largest telecom group, says it makes $ 6.40 per user in Africa, which is higher than its home Indian market, where it makes only $ 3.30 a month, but the cost of operating in Africa is much higher and there isn’t a comparable middle class ready and able to spend more.


“You either have a handful of people in the affluent part of the society or you have lots of people who can’t afford the services,” its Chairman Sunil Mittal said last year.


Operators can save money by sharing towers, but even then, some sites will never make sense without government subsidies, analysts say.


African expansion has not been cheap for telcos. Over the past five years, mobile operators have spent a combined $ 16.5 billion on capital expenditure in the key markets of South Africa, Nigeria, Kenya, Senegal and Ghana, according to Wireless Intelligence.


Bharti has earmarked $ 1.5 billion for capex this year, while fourth-placed France Telecom is spending $ 9.3 billion between 2010 and 2015.


Spare cash is increasingly rare for debt-strapped European telecoms operators, which are cutting their dividends to cope with falling revenues and network upgrade costs in their home markets.


Some African regulators have set up funds to promote coverage, to which operators are expected to contribute.


In Sierra Leone, the Universal Access Development Fund (UADF) is yet to subsidize the cost of putting up a single mast, though it has been active for several years. The regulator complains networks do not contribute the fees they should.


“If we can’t subsidize, they’ll never erect towers there,” said Bashir Kamara, Project Manager at UADF.


($ 1 = 0.6350 British pounds)


(Additional reporting by Hereward Holland in Juba and Chijioke Ohuocha in Lagos; Editing by David Dolan and Will Waterman)


Tech News Headlines – Yahoo! News





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Diem Brown Blogs: How I Cope With My Anxiety

In her PEOPLE.com blog, Diem Brown, the Real World/Road Rules Challenge contestant recently diagnosed with ovarian cancer for the second time, opens up about her desire for a child and the ups and downs of cancer and fertility procedures.

The waiting game.

We have the technology to put a man on the moon, and the President and the Pope Tweet us in real-time updates. But when it comes to medical test results, it feels as if things move at a snail's pace. After waiting since Jan. 4 to supposedly find out on Jan. 25 about the "suspicious," "concerning" spot on my liver after my last CT scan, I come to find out these test results aren't as instant as I had imagined.

The waiting game is one that can – no lie – drive you mad! If I allow my anxiety to take control, I can immediately feel the tension all around me like a boa constrictor that is seemingly taking up the slack every time I let out an exasperated breath.

I know it hasn't been that long since Jan. 25, but it's been a long time in my mind, as I've been waiting since Jan. 4 to hear if I am in the final chapter of this cancer book or am I just starting "book one" of a very long series.

This may seem funny, but I have the same coping mechanism when I'm pissed off as when I'm anxious ... I organize and clean! So weird, I know, especially because, I swear, my dad, boyfriend and sister piss me off sometimes just to get me into cleaning mode! I guess that, for me, organizing is a way to be productive and in control when I feel I have neither.

Diem Brown Blogs: How I Cope With My Anxiety| Celebrity Blog, Health, Diem Brown

Diem Brown

Matt Sayles / Invision

I will rearrange a whole apartment, changing the furniture direction in every room. I will raid the "junk" drawers, coat closets, filing cabinets, garages and anything else that will take me at least a good half-day to accomplish. This, my friends has becomes my magic anxiety release pill.

Funny enough, because it's tax season now, I started making piles of old receipts I found in some random purse. Then, glancing up at the TV, I saw the most amazing aid to my crazy arsenal ... The NeatDesk. It was like a beautiful bright light was shining directly on my TV in between Bravo Housewives marathons. So, logically, I bought the machine and now I'm on a scanning mission!

I want to get all my medical crap in order – including bills, test results, prescription receipts, doctor's notes, etc. so I am using this NeatDesk thingamajig and getting some order and control back into my weird medical world.

I have also realized (especially as I read my logic) that stress kept indoors can make ya even more crazy than you have already become. That said, I've been trying to say yes to everything and get my compulsive booty outdoors to socialize with actual people other than those lovely ladies that reign on my TV.

I was so wrapped up and content in my apartment; my comfort with my weird organizing ways had turned me into a hermit. Girls' nights in are amazing but ... you need to get out!

I think winter in general can have that "hermit" effect on most people, as you tend to get so lazy and make excuses to not do things because you are too cold or feel just plain winter frumpy.

But since I realized and addressed my lazy, crazy ways instead of fretting about what news my test results will bring, I am choosing the word "yes!"

Diem Brown Blogs: How I Cope With My Anxiety| Celebrity Blog, Health, Diem Brown

Diem Brown

Matt Sayles / Invision

I have always believed in the power of positive thinking, but sometimes when you have gotten knocked down or disheartened it takes more effort to stick with the positive mindset. So for that I say follow that old Jim Carrey movie and say "yes" to whatever social offers are out there. Being social, laughing, dancing, having fun, etc. helps you not dwell on a test result or an outcome that you have no control over.

I hate the waiting game but I'm not going to let the waiting game chain me to my crazy mind and allow me to think of the negative "what ifs." That's just not me. However, as humans, those negative thoughts relentlessly try to creep into your mindset ... but, as the powerful human that you are, you have the power of choice and can choose to turn that negative channel off.

Whether you need to distract yourself with other projects to keep your mind at ease or make yourself be social (friends, support chat rooms, dates, etc.) give yourself the green light to have fun and enjoy the moment.

The news will eventually come, no matter what you do while you wait. If it's bad news, have faith you can handle it. If it's good news, you will kick yourself for stressing over something nonexistent.

As I "patiently" wait for my results to come in, I'm feeling good! I'm visualizing the scan being clear and imagining my doc saying I am at the finish line to my second bout with cancer. I just need him to call me – stat – before I start knocking on neighbors' doors asking if they want their closets cleaned!

Thank you all so very much for your comments, prayers and Tweets. I have never felt more supported in my life and I'm very aware of how very lucky I am to have y'all back me. Thank you and hope you are all having a wonderful week!

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Sex to burn calories? Authors expose obesity myths


Fact or fiction? Sex burns a lot of calories. Snacking or skipping breakfast is bad. School gym classes make a big difference in kids' weight.


All are myths or at least presumptions that may not be true, say researchers who reviewed the science behind some widely held obesity beliefs and found it lacking.


Their report in Thursday's New England Journal of Medicine says dogma and fallacies are detracting from real solutions to the nation's weight problems.


"The evidence is what matters," and many feel-good ideas repeated by well-meaning health experts just don't have it, said the lead author, David Allison, a biostatistician at the University of Alabama at Birmingham.


Independent researchers say the authors have some valid points. But many of the report's authors also have deep financial ties to food, beverage and weight-loss product makers — the disclosures take up half a page of fine print in the journal.


"It raises questions about what the purpose of this paper is" and whether it's aimed at promoting drugs, meal replacement products and bariatric surgery as solutions, said Marion Nestle, a New York University professor of nutrition and food studies.


"The big issues in weight loss are how you change the food environment in order for people to make healthy choices," such as limits on soda sizes and marketing junk food to children, she said. Some of the myths they cite are "straw men" issues, she said.


But some are pretty interesting.


Sex, for instance. Not that people do it to try to lose weight, but claims that it burns 100 to 300 calories are common, Allison said. Yet the only study that scientifically measured the energy output found that sex lasted six minutes on average — "disappointing, isn't it?" — and burned a mere 21 calories, about as much as walking, he said.


That's for a man. The study was done in 1984 and didn't measure the women's experience.


Among the other myths or assumptions the authors cite, based on their review of the most rigorous studies on each topic:


—Small changes in diet or exercise lead to large, long-term weight changes. Fact: The body adapts to changes, so small steps to cut calories don't have the same effect over time, studies suggest. At least one outside expert agrees with the authors that the "small changes" concept is based on an "oversimplified" 3,500-calorie rule, that adding or cutting that many calories alters weight by one pound.


—School gym classes have a big impact on kids' weight. Fact: Classes typically are not long, often or intense enough to make much difference.


—Losing a lot of weight quickly is worse than losing a little slowly over the long term. Fact: Although many dieters regain weight, those who lose a lot to start with often end up at a lower weight than people who drop more modest amounts.


—Snacking leads to weight gain. Fact: No high quality studies support that, the authors say.


—Regularly eating breakfast helps prevent obesity. Fact: Two studies found no effect on weight and one suggested that the effect depended on whether people were used to skipping breakfast or not.


—Setting overly ambitious goals leads to frustration and less weight loss. Fact: Some studies suggest people do better with high goals.


Some things may not have the strongest evidence for preventing obesity but are good for other reasons, such as breastfeeding and eating plenty of fruits and vegetables, the authors write. And exercise helps prevent a host of health problems regardless of whether it helps a person shed weight.


"I agree with most of the points" except the authors' conclusions that meal replacement products and diet drugs work for battling obesity, said Dr. David Ludwig, a prominent obesity research with Boston Children's Hospital who has no industry ties. Most weight-loss drugs sold over the last century had to be recalled because of serious side effects, so "there's much more evidence of failure than success," he said.


___


Online:


Obesity info: http://www.cdc.gov/obesity/data/trends.html


New England Journal: http://www.nejm.org


___


Marilynn Marchione can be followed at http://twitter.com/MMarchioneAP


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Wall Street edges higher, Amazon offsets GDP

NEW YORK (Reuters) - Stocks were little changed on Wednesday as data showing the economy unexpectedly contracted in the fourth quarter was offset by positive parts of the report and strong results from Boeing Co and Amazon.com Inc.


Economists stressed that the 0.1 percent contraction in U.S. gross domestic product, caused partly by a plunge in government spending and lower business inventories, is not an indicator of recession.


"Inventories came down and that subtraction is actually positive for the private sector," said Jim Russell, chief equity strategist for U.S. Bank Wealth Management in Cincinnati.


"A lot of the important components going forth are there, like consumption by individuals and capital spending, and they are looking strong."


Wall Street opened slightly higher despite the GDP data, with traders awaiting a statement from the Federal Reserve on Wednesday after its two-day policy-setting meeting. The Fed is expected to keep monetary policy on a steady, accommodative path, though debate continues over when it should curtail its bond-buying program.


The S&P 500 held above 1,500, seen by market technicians as an inflection point that will determine the overall direction in the near term. The index is on track to post its best month since October 2011 and its best January since 1997.


"This is a very modest pullback after a steep run," said Paul Zemsky, head of asset allocation at ING Investment Management in New York.


"It is too soon for the Fed to start talking about the end of (their bond buying program); the economy needs stimulus to sustain this recovery."


The Dow Jones industrial average <.dji> fell 3.7 points or 0.03 percent, to 13,950.72, the S&P 500 <.spx> lost 0.96 point or 0.06 percent, to 1,506.88 and the Nasdaq composite <.ixic> added 4.9 points or 0.16 percent, to 3,158.55.


Both Boeing and Amazon shares gained after earnings beat expectations, continuing a trend this quarter of high-profile names advancing after results.


Amazon rose 6.1 percent to $276.28 and Boeing rose 1.2 percent to $74.53.


Thomson Reuters data showed that of the 192 companies in the S&P 500 that have reported earnings this season 68.8 percent have been above analyst expectations, which is a higher proportion than over the past four quarters and above the average since 1994.


Chesapeake Energy rose 5.4 percent to $19.99 a day after it said Aubrey McClendon would step down as chief executive. The last year has been marked by civil and criminal probes into the second-largest U.S. natural gas producer.


Research In Motion shares fell 4.4 percent to $14.97 after the company, which is changing its name to BlackBerry, unveiled a long-delayed line of smartphones in hopes of a comeback into a market it once dominated.


Giving the market extra support, private sector employment topped forecasts with the ADP National Employment report showing 192,000 jobs added in January, higher than the 165,000 expectation.


(Reporting by Rodrigo Campos; Editing by Kenneth Barry)



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Prior Problems In 787 Battery Set Off Concerns Boeing Was Aware of 787 Battery Problems Before Failure


Toru Hanai/Reuters


All Nippon Airways, the biggest operator of 787s, is holding jets at Haneda airport in Tokyo.







Even before two battery failures led to the grounding of all Boeing 787 jets this month, the lithium-ion batteries used on the aircraft had experienced multiple problems that raised questions about their reliability.




Officials at All Nippon Airways, the jets’ biggest operator, said in an interview on Tuesday that it replaced 10 of the batteries in the months before fire in one plane and smoke in another led regulators around the world to ground the jets.


The airline said it told Boeing of the replacements as they occurred but was not required to report them to safety regulators because they were not considered a safety issue and no flights were canceled or delayed.


National Transportation Safety Board officials said Tuesday that their inquiry would include the replacements.


The airline also, for the first time, explained the extent of the previous problems, which underscore the volatile nature of the batteries and add to concerns over whether Boeing and other plane manufacturers will be able to use the batteries safely.


In five of the 10 replacements, All Nippon said that the main battery had showed an unexpectedly low charge. An unexpected drop in a 787’s main battery also occurred on the All Nippon flight that had to make an emergency landing in Japan on Jan. 16.


The airline also revealed that in three instances, the main battery had failed to start normally and had had to be replaced, along with the charger. In other cases, one battery showed an error reading and another, used to start the auxiliary power unit, failed. All of the events occurred from May to December of last year. The malfunctioning batteries, made by the Japanese manufacturer GS Yuasa, were serviced by All Nippon maintenance crew members. (The battery from the plane involved in the emergency landing was sent back to GS Yuasa.)


Japan Airlines, which operates seven 787s, said Wednesday that there had been “several cases” in which maintenance crew members needed to replace 787 batteries after irregularities, but the carrier declined to give details. The switches were not considered a safety risk and were conducted “within the scope of regular maintenance,” said Kazunori Kidosaki, a company spokesman.


Kelly Nantel, a spokeswoman for the National Transportation Safety Board, said investigators had only recently heard that there had been “numerous issues with the use of these batteries” on 787s. She said the board had asked Boeing, All Nippon and other airlines for information about the problems.


“That will absolutely be part of the investigation,” she said.


Boeing, based in Chicago, has said repeatedly that any problems with the batteries can be contained without threatening the planes and their passengers.


Boeing officials said the need to replace the batteries also suggested that safeguards were activated to prevent overheating and keep the drained batteries from being recharged. Company officials said the batteries can drain too deeply if left on without being connected to power sources.  Trying to recharge such batteries could generate excessive heat, so safety mechanisms lock out any attempts to do that.


Boeing officials said that improperly connecting a battery can also render it unusable.  And they acknowledged that some of the new batteries were not lasting as long as intended. They said that could cause airlines to replace them more frequently but did not pose a safety problem.


A GS Yuasa official, Tsutomu Nishijima, said battery exchanges were part of the normal operations of a plane but would not comment further.


The Federal Aviation Administration decided in 2007 to allow Boeing to use the lithium-ion batteries instead of older, more stable types as long as it took safety measures to prevent or contain a fire. But once Boeing put in those safeguards, it did not revisit its basic design even as more evidence surfaced of the risks involved, regulators said.


Matthew L. Wald contributed reporting.



This article has been revised to reflect the following correction:

Correction: January 30, 2013

An earlier version of this article misstated the action taken by All Nippon Airways with 10 lithium-ion batteries it replaced on Boeing 787 jets between May and December of last year. The malfunctioning batteries were sent to the airline’s maintenance department for service, not to the maker, GS Yuasa. (The battery from the plane involved in an emergency landing earlier this month was, however, sent back to GS Yuasa.)



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RIM starts glitzy BlackBerry 10 launch parties






NEW YORK (Reuters) – Research In Motion Ltd on Wednesday kicked off a string of global launch parties for a long-delayed line of smartphones it says will put it on the comeback trail in a market it once dominated.


The new BlackBerry 10 phones will compete with Apple‘s iPhone and devices using Google‘s Android technology, both of which have soared above the BlackBerry in a competitive market.






They boast fast browsers, new features, smart cameras and, unlike previous BlackBerry models, enter the market primed with a large app library.


(Writing by Janet Guttsman; Editing by Frank McGurty)


Tech News Headlines – Yahoo! News





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Lucy Liu Gets Pie in the Face on Jimmy Fallon Show















01/30/2013 at 11:30 AM EST







Lucy Liu and Jimmy Fallon


Jamie McCarthy/Getty


Lucy Liu got pie-eyed with Jimmy Fallon Tuesday night.

The always elegant actress, 44, now starring on the CBS crime drama Elementary, was a good sport as she joined the Late Night With Jimmy Fallon host for a messy game of "Rock, Paper, Scissors, Pie" – and ended up a gooey mess with her face covered with white cream.

Fallon, 38, also took a sweet wallop to the face as the segment placed the stars behind a cutout board – framing them as chefs – and exposed their faces and arms. They put their hands on a device whose handles, when clicked, could deliver an unexpected pie blast.

"She is the greatest," Fallon said with a giggle as the two – she in a chic, one-shoulder dress, and he in suit and tie – stepped outside of the game board to earn audience cheers, their faces covered in goo.

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Soldier with new arms determined to be independent


BALTIMORE (AP) — After weeks of round-the-clock medical care, Brendan Marrocco insisted on rolling his own wheelchair into a news conference using his new transplanted arms. Then he brushed his hair to one side.


Such simple tasks would go unnoticed in most patients. But for Marrocco, who lost all four limbs while serving in Iraq, these little actions demonstrate how far he's come only six weeks after getting a double-arm transplant.


Wounded by a roadside bomb in 2009, the former soldier said he could get by without legs, but he hated living without arms.


"Not having arms takes so much away from you. Even your personality, you know. You talk with your hands. You do everything with your hands, and when you don't have that, you're kind of lost for a while," the 26-year-old New Yorker told reporters Tuesday at Johns Hopkins Hospital.


Doctors don't want him using his new arms too much yet, but his gritty determination to regain independence was one of the chief reasons he was chosen to receive the surgery, which has been performed in the U.S. only seven times.


That's the message Marrocco said he has for other wounded soldiers.


"Just not to give up hope. You know, life always gets better, and you're still alive," he said. "And to be stubborn. There's a lot of people who will say you can't do something. Just be stubborn and do it anyway. Work your ass off and do it."


Dr. W.P. Andrew Lee, head of the team that conducted the surgery, said the new arms could eventually provide much of the same function as his original arms and hands. Another double-arm transplant patient can now use chopsticks and tie his shoes.


Lee said Marrocco's recovery has been remarkable, and the transplant is helping to "restore physical and psychological well-being."


Tuesday's news conference was held to mark a milestone in his recovery — the day he was to be discharged from the hospital.


Next comes several years of rehabilitation, including physical therapy that is going to become more difficult as feeling returns to the arms.


Before the surgery, he had been living with his older brother in a specially equipped home on New York's Staten Island that had been built with the help of several charities. Shortly after moving in, he said it was "a relief to not have to rely on other people so much."


The home was heavily damaged by Superstorm Sandy last fall.


"We'll get it back together. We've been through a lot worse than that," his father, Alex Marrocco, said.


For the next few months, Marrocco plans to live with his brother in an apartment near the hospital.


The former infantryman said he can already move the elbow on his left arm and rotate it a little bit, but there hasn't been much movement yet for his right arm, which was transplanted higher up.


Marrocco's mother, Michelle Marrocco, said he can't hug her yet, so he brushes his left arm against her face.


The first time he moved his left arm was a complete surprise, an involuntary motion while friends were visiting him in the hospital, he said.


"I had no idea what was going through my mind. I was with my friends, and it happened by accident," he recalled. "One of my friends said 'Did you do that on purpose?' And I didn't know I did it."


Marrocco's operation also involved a technical feat not tried in previous cases, Lee said in an interview after the news conference.


A small part of Marrocco's left forearm remained just below his elbow, and doctors transplanted a whole new forearm around and on top of it, then rewired nerves to serve the old and new muscles in that arm.


"We wanted to save his joint. In the unlucky event we would lose the transplant, we still wanted him to have the elbow joint," Lee said.


He also explained why leg transplants are not done for people missing those limbs — "it's not very practical." That's because nerves regrow at best about an inch a month, so it would be many years before a transplanted leg was useful.


Even if movement returned, a patient might lack sensation on the soles of the feet, which would be unsafe if the person stepped on sharp objects and couldn't feel the pain.


And unlike prosthetic arms and hands, which many patients find frustrating, the ones for legs are good. That makes the risks of a transplant not worth taking.


"It's premature" until there are better ways to help nerves regrow, Lee said.


Now Marrocco, who was the first soldier to survive losing all four limbs in the Iraq War, is looking forward to getting behind the wheel of his black 2006 Dodge Charger and hand-cycling a marathon.


Asked if he could one day throw a football, Dr. Jaimie Shores said sure, but maybe not like Baltimore Ravens quarterback Joe Flacco.


"Thanks for having faith in me," Marrocco interjected, drawing laughter from the crowd.


His mother said Marrocco has always been "a tough cookie."


"He's not changed that, and he's just taken it and made it an art form," Michelle Marrocco said. "He's never going to stop. He's going to be that boy I knew was going to be a pain in my butt forever. And he's going to show people how to live their lives."


___


Associated Press Chief Medical Writer Marilynn Marchione in Milwaukee and AP writer David Dishneau in Hagerstown, Md., contributed to this report.


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Wall Street flat, investors look for new catalyst

NEW YORK (Reuters) - Stocks were flat on Tuesday as investors looked for new reasons in economic data or earnings to extend a rally that pushed major averages near five-year highs.


Equities have been on a tear lately, with the S&P 500 recently climbing for eight straight sessions, extending its rise in January to 5.1 percent. The index hovered around 1,500, suggesting there was still support for a market that has been hovering around five-year highs.


"A move like this in one month is extraordinary, and keeping the gains going will depend on concrete news like earnings and data that show the economy is getting better," said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. "We haven't seen enough of that to make people jump in after the rally we've had."


The gains have largely come on a strong start to earnings season, though results were mixed on Tuesday with Pfizer Inc rising but Ford Motor Co dropping after its report.


Both companies reported profits that topped expectations, but Ford also forecast a wider loss in its European segment. Shares dropped 3.6 percent to $13.32 as one of the biggest percentage losers on the S&P 500.


Pfizer, a Dow component, rose 1.2 percent to $27.16 after its results while Eli Lilly and Co rose 1.2 percent to $53.25 after reporting adjusted fourth-quarter earnings and revenue that beat expectations.


In economic news, stocks retreated slightly after data showed U.S. consumer confidence dropped to its lowest level in more than a year in January. Americans were more pessimistic about the economic outlook and their financial prospects, according to the Conference Board.


In addition, home prices rose 0.6 percent in November, as expected, according to the S&P Case/Shiller Home Price Index. The news comes a day after data showed an unexpected drop in December pending home sales.


Thomson Reuters data showed that of the 150 companies in the S&P 500 that have reported earnings so far, 67.3 percent have beaten analysts' expectations, which is a higher proportion than over the past four quarters and above the average since 1994.


The Dow Jones industrial average <.dji> was up 13.40 points, or 0.10 percent, at 13,895.33. The Standard & Poor's 500 Index <.spx> was down 1.01 points, or 0.07 percent, at 1,499.17. The Nasdaq Composite Index <.ixic> was down 18.21 points, or 0.58 percent, at 3,136.09.


The Nasdaq was pressured by a pair of disappointing tech outlooks. Seagate Technology Plc forecast third-quarter revenue below expectations while BMC Software Inc gave a 2013 profit view that was below forecasts.


Seagate shares slumped 8.7 percent to $34.10 while BMC fell 7.8 percent to $41.


On the upside in technology, Yahoo Inc rose 1.2 percent to $20.55 a day after forecasting a rise in annual revenue.


The Federal Reserve's Open Market Committee is due to hold two days of meetings on interest rates beginning on Tuesday.


In a sign of an improved view towards equities, investors poured $55 billion in new cash into stock mutual funds and exchange-traded funds in January, the biggest monthly inflow on record, research provider TrimTabs Investment Research said.


(Editing by Kenneth Barry and Nick Zieminski)



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At War Blog: On the Job in Afghanistan, Female Soldiers Reflect

KABUL, Afghanistan — In the shadow of transport aircraft, rows of helicopters and supply pallets, women in uniform are a well-established part of the fabric of military life on bases and near the front lines in Afghanistan — a minority, to be sure, but one so common on the job that it’s hardly seen as an issue.

For active-duty military women in Afghanistan, the news of the end of the combat exclusion for women seemed far less momentous than it may have back in the United States. Not that it wasn’t seen as good news, and an important moment, but the talk here quickly turned to practicalities: what the change might mean for them, for their friends, for the women who will come after them.

The one thing soldiers wanted to make clear was that women had been there already — doing at least some of the jobs that they will now be able to do as full members of combat units rather than in external groups attached to them. And no doubt there will gradually be more of them making the shift.

“The biggest issue that America needs to understand is that we have been out there in the field, on the front lines,” said Sgt. Natasha Nelson, 23, a signal communications specialist. “There’s one of my best friends, and she’s a medic and she’s been out there on the front lines forever. From my experience, now I’ve only been in for four years, but it’s not new to us, it’s new to them,” she said, referring to the American public.

Capt. Jessica Kirkendall, 32, an intelligence officer, echoed that thought: “To an extent, it’s a reflection of what’s already on the battlefield.”

And, said Sgt. Maj. Micheal Horton, 48, it’s a natural progression. When she entered the military 24 years ago, the job of being a sapper had just opened to women. Sapper, a term popularly associated with demining, actually covers most combat engineering tasks that are done in support of combat infantry units.

“They had just opened up engineering work to females, so I got to be a heavy equipment operator,” she said. Then a few years ago the job of being a bridge crew member opened, and “that was a major thing.”

So the next step – opening all combat units to women –  seems logical, especially since the realities of the 21st-century battlefield demand that women work alongside their male counterparts. Sergeant Major Horton pointed to members of “female engagement teams,” who are attached to infantry units and tasked with gathering intelligence from female civilians, among other things, as examples of women who are already in combat situations.

“The female engagement teams are embedded with infantry — they can talk it, they can walk it, they can carry their load,” she said.

Sergeant Major Horton did, however, sound a bit regretful that the exclusion had not been lifted sooner so that she could have risen to be a commander in a combat unit. Will she benefit? “Not at my echelon – I can’t apply for any more jobs,” she said. “I could be nominated probably for some of the positions, but I still wouldn’t have had the experience as a junior commander.”

The change will make the greatest difference for young women who are just now choosing their military occupational field or are still at a fairly junior level and could switch into a combat unit and still have time to build a career.

For Sergeant Nelson, who loves her work as a signal communications specialist, there’s the opportunity to become part of an infantry unit now and go to the front lines. She’s not sure she will do that, but finally it’s at least a real prospect.

These women played down the numbers of women who would be likely to take advantage of the new opportunity. “Do I think the floodgates will open? No,” Captain Kirkendall said.

Lt. Cmdr. Laura Reshetar, 33, who formerly served as a naval surface warfare officer and is now a future operations planner at the International Security Assistance Force headquarters in Kabul, sounded palpably excited about the decision. But she agreed with Captain Kirkendall that only a small number of women would seek combat slots at first.

“Personally I think it’s awesome, but I don’t think there will be tons of women rushing to do those jobs,” she said. “It will be the alpha females: highly athletic, highly motivated.” She added that she would not choose a combat specialty in part because she eventually wants to be a mother and would worry that she would not be able to give her all to the job if she were worrying about a child.

Above all, these women felt that at last, military policy was catching up with women’s aspirations.

“It seems very undemocratic of us to say, ‘Hey you want to serve your country, great, but you can only do these certain jobs because of your gender,’” Captain Kirkendall said. “In a country that espouses this whole idea of choosing your path in life and pursuing that path to the best of your ability, it just doesn’t seem very American to say ‘except for 20 percent of you.’”

She added, “As time progresses, people will see that women are very proficient in these roles.”

Related Coverage:


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Cricket-Australia board play straight bat to Warne twitter rant






Jan 29 (Reuters) – Cricket Australia (CA) chief executive James Sutherland has defended the organisation following a scathing attack aimed at them by spin great Shane Warne, who panned the board in a series of Twitter rants.


Sutherland added that he was prepared to meet with Warne and discuss the 43-year-old’s criticism of CA’s player rotation policy and his claim that “rubbish” decisions were turning Australian cricket into a “big joke”.






After venting his initial anger on Monday, Warne reiterated his views a day later.


“As I said last night we need cricket people running the team & who understand cricket & what’s required at the top level, not muppets,” he tweeted on Tuesday.


Warne questioned the logic of having former rugby union international Pat Howard as the board’s high performance manager but Sutherland threw his weight behind the former Wallaby back.


“I have every confidence in Pat Howard and his team, and what they’re doing,” Sutherland told local media on Tuesday.


“Personally I find it a little bit disappointing to read about that (Warne’s criticisms) in the fashion that I have.


“Ideally you’d like to be able to sit down with Shane and understand a little bit more deeply his opinions.”


Australia won all three tests in a recent series against Sri Lanka but were held 2-2 in the subsequent one-day internationals after resting skipper Michael Clarke for the first two matches.


The hosts, however, lost both Twenty20 internationals and were left debating the merits of a controversial rotation policy CA has introduced to manage injuries and the workload of their frontline players.


While Warne insisted Australia needed to field their best 11 players every time they stepped out, fast bowling great Dennis Lillee has backed CA’s approach.


“He’s 100 percent in agreement with the selection panel with managing the load and development of players,” Sutherland said of Lillee, who captured 355 wickets in 70 tests.


“Who’s right here?


“You’ve got Shane Warne saying one thing, Dennis Lillee saying another. It’s not a black and white issue.”


Warne retired from test cricket in 2007 after taking 708 wickets in 145 tests. (Reporting by Amlan Chakraborty in New Delhi; Editing by John O’Brien)


Social Media News Headlines – Yahoo! News





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