Investors face another Washington deadline

NEW YORK (Reuters) - Investors face another Washington-imposed deadline on government spending cuts next week, but it's not generating the same level of fear as two months ago when the "fiscal cliff" loomed large.


Investors in sectors most likely to be affected by the cuts, like defense, seem untroubled that the budget talks could send stocks tumbling.


Talks on the U.S. budget crisis began again this week leading up to the March 1 deadline for the so-called sequestration when $85 billion in automatic federal spending cuts are scheduled to take effect.


"It's at this point a political hot button in Washington but a very low level investor concern," said Fred Dickson, chief market strategist at D.A. Davidson & Co. in Lake Oswego, Oregon. The fight pits President Barack Obama and fellow Democrats against congressional Republicans.


Stocks rallied in early January after a compromise temporarily avoided the fiscal cliff, and the Standard & Poor's 500 index <.spx> has risen 6.3 percent since the start of the year.


But the benchmark index lost steam this week, posting its first week of losses since the start of the year. Minutes on Wednesday from the last Federal Reserve meeting, which suggested the central bank may slow or stop its stimulus policy sooner than expected, provided the catalyst.


National elections in Italy on Sunday and Monday could also add to investor concern. Most investors expect a government headed by Pier Luigi Bersani to win and continue with reforms to tackle Italy's debt problems. However, a resurgence by former leader Silvio Berlusconi has raised doubts.


"Europe has been in the last six months less of a topic for the stock market, but the problems haven't gone away. This may bring back investor attention to that," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.


OPTIONS BULLS TARGET GAINS


The spending cuts, if they go ahead, could hit the defense industry particularly hard.


Yet in the options market, bulls were targeting gains in Lockheed Martin Corp , the Pentagon's biggest supplier.


Calls on the stock far outpaced puts, suggesting that many investors anticipate the stock to move higher. Overall options volume on the stock was 2.8 times the daily average with 17,000 calls and 3,360 puts traded, according to options analytics firm Trade Alert.


"The upside call buying in Lockheed solidifies the idea that option investors are not pricing in a lot of downside risk in most defense stocks from the likely impact of sequestration," said Jared Woodard, a founder of research and advisory firm condoroptions.com in Forest, Virginia.


The stock ended up 0.6 percent at $88.12 on Friday.


If lawmakers fail to reach an agreement on reducing the U.S. budget deficit in the next few days, a sequester would include significant cuts in defense spending. Companies such as General Dynamics Corp and Smith & Wesson Holding Corp could be affected.


General Dynamics Corp shares rose 1.2 percent to $67.32 and Smith & Wesson added 4.6 percent to $9.18 on Friday.


EYES ON GDP DATA, APPLE


The latest data on fourth-quarter U.S. gross domestic product is expected on Thursday, and some analysts predict an upward revision following trade data that showed America's deficit shrank in December to its narrowest in nearly three years.


U.S. GDP unexpectedly contracted in the fourth quarter, according to an earlier government estimate, but analysts said there was no reason for panic, given that consumer spending and business investment picked up.


Investors will be looking for any hints of changes in the Fed's policy of monetary easing when Fed Chairman Ben Bernake speaks before congressional committees on Tuesday and Wednesday.


Shares of Apple will be watched closely next week when the company's annual stockholders' meeting is held.


On Friday, a U.S. judge handed outspoken hedge fund manager David Einhorn a victory in his battle with the iPhone maker, blocking the company from moving forward with a shareholder vote on a controversial proposal to limit the company's ability to issue preferred stock.


(Additional reporting by Doris Frankel; Editing by Kenneth Barry)



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India Ink: In Hyderabad, Anger and Frustration

Srinivas Mahesh, 28, was snacking outside his hostel near the Konark Theater in Dishknagar, his usual hangout in Hyderabad, when he heard a loud explosion Thursday evening. Not long after, he saw smoke filling up the air. Once he realized it was a bomb blast, instead of rushing back to his hostel he resolved to helping the injured.

“I saw disfigured bodies for the first time in my life,” he said. He helped three severely injured people into ambulances and took another injured man by auto to Osmania Hospital.

Mr. Mahesh, who is originally from Kurnool, came to Hyderabad two years ago to do a graduation in engineering from Ashok Institute in Dilsukhnagar. After yesterday’s blasts though, he might have to return home.

“My parents were visiting Hyderabad in 2007, when there were blasts. They had a tough time then,” he said. “After yesterday, they are convinced that this city is cursed and want me home.”

More than 24 hours after two bombs went off near the ever-crowded Dilsukhnagar bus stand, there is palpable frustration and anger in the area. N.Pradeep Reddy, 29, a chartered accountant who lives in Dilsukhnagar, heard the first blast and came to the balcony of his house. Then he saw the second explosion. Aghast, he couldn’t move for several seconds, he said.

Mr. Reddy’s family has been in Hyderabad for 10 years now, but now he is disillusioned with the charm of the city, he said. “No one cares for our lives here – not the politicians, not the media not the police,” he added.

Hyderabad has been the site of numerous explosions in recent years, including two in 2007 attacks that killed dozens of people.

Soon after Thursday’s blasts, the road in front of the Dilsukhnagar bus stand had a median dividing it into two. While traffic was allowed on one side, the other side of the road was cordoned off by the police.

“This is obstructing traffic and adding to the commotion,” said P. Sadanandam, who commutes through the road regularly. “They are not doing this for security, it is just so that the VIPs can visit the blast site and have a photo-op,” he said angrily.

Andhra Pradesh Director General of Police and other senior police officers visited the at blast site today to look for evidence.

All the shops on a two kilometer stretch on the Dilsukhnagar main road were shuttered down all day today. Some security men outside the shops said that this was not due to the bandh, or shutdown, that the Bharatiya Janata Party had called, but because the shop owners were sure that there would be no customers today. They might open on Monday, they said.

Narsing Vennala, 25, sells flowers on the main road. He is one of the only three flower vendors who reopened their shops today. A temple next door needs flowers, he said, and therefore he had to come to work.

His 18-year-old sister is so paranoid about his coming to work a day after the blasts that she keeps calling him every half-an-hour to check if he is alright.  Mr Vennala walks home at 11 p.m. every night, and he plans to do the same even today.

“Whatever had to happen, happened,” he said. “Now how long can we stay hungry and not earn because of that?”

“Bharat mata ki jai,” (Victory for mother India) was loudly shouted by a bunch of residents. They said that was their answer to those that were against peace in the country.  There was also some anti-Pakistan sloganeering.

One resident estimated that there were 500 to 600 educational institutions in Dilsukhnagar. They have offerings ranging from short-term computer courses to three-year degrees. Thousands of students, from smaller towns and neighboring districts, live in hostels around their respective institutions. Many of them were on the streets yesterday to help the injured.

While some students don’t see any option but to stay in the city, others, like Mr. Mahesh, are packing their bags.

“I have to go home, even if I don’t like to,” he said “My family will be worried every day I stay in Hyderabad.”

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Biggest Loser's Francelina Morillo: Jeff Nichols and I 'Have Something Special'






The Biggest Loser










02/23/2013 at 08:30 AM EST







Francelina Morillo and Jeff Nichols


Trae Patton/NBC (2)


Francelina Morillo may have lost the chance to win the title of Biggest Loser, but she has found love.

"We have something special," Morillo said Tuesday about falling for fellow constant Jeff Nichols while on the ranch. "I have found a bond with him that I haven't had with anyone else. It's like a mirror when I look at him."

Morillo, 26, and Nichols, 25, both lost their fathers while in their teens and bonded in the gym as they began to shed their weight – and emotional baggage.

"You get to see the person at their worst and you see them blossom and grow and become this better version of themselves. You learn to appreciate and admire them in a different way," Morillo says of her time with Nichols on the show.

But the couple was temporarily separated when Morillo was sent home for losing the least amount of weight in the episode that aired last Monday.

"I knew I had gathered the tools in there that I needed to survive in the real world," Morillo says of her tearful sendoff. "I've learned I can do this for the rest of my life and that I can keep the weight off – which is my ultimate goal."

Morillo returned home to New York but soon joined Nichols in Chicago. Now the couple are motivating each other to continue to lose weight.

"We balance each other out. He has the nutrition down pat and I am an exercise junky," Morillo says about working out with Nichols, whose status as a finalist or contender for the at-home prize has yet to be revealed. "It's just so much easier when you have the support of somebody else that knows exactly what you're going through."

Morillo arrived at the ranch weighing 267 lbs., after having lost 100 lbs. at home on her own, and now continues to lose weight by working with a trainer, spending two hours a day on the stairmill and monitoring her portion sizes.

"I was eating a lot of healthy stuff, but I was binging on everything," says Morillo, who used to eat large amounts of apples or oatmeal throughout the day. "If you have too much of good thing, it's also bad. Now I'm all about portion size."

With her eye on the $100,000 at-home prize, Morillo is also looking forward to applying to medical school and eventually fulfilling her dream to become a doctor.

"The new me is positive, outgoing, always smiling and wants the best for me," she says. "I've learned the best way to do that is to surround yourself with positive energy, positive people. That's who I am, and that’s what I radiate from now on."

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FDA approves new targeted breast cancer drug


WASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.


The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent dose of anti-tumor poison.


Cancer researchers say the drug is an important step forward because it delivers more medication while reducing the unpleasant side effects of chemotherapy.


"This antibody goes seeking out the tumor cells, gets internalized and then explodes them from within. So it's very kind and gentle on the patients — there's no hair loss, no nausea, no vomiting," said Dr. Melody Cobleigh of Rush University Medical Center. "It's a revolutionary way of treating cancer."


Cobleigh helped conduct the key studies of the drug at the Chicago facility.


The FDA approved the new treatment for about 20 percent of breast cancer patients with a form of the disease that is typically more aggressive and less responsive to hormone therapy. These patients have tumors that overproduce a protein known as HER-2. Breast cancer is the second most deadly form of cancer in U.S. women, and is expected to kill more than 39,000 Americans this year, according to the National Cancer Institute.


The approval will help Roche's Genentech unit build on the blockbuster success of Herceptin, which has long dominated the breast cancer marketplace. The drug had sales of roughly $6 billion last year.


Genentech said Friday that Kadcyla will cost $9,800 per month, compared to $4,500 per month for regular Herceptin. The company estimates a full course of Kadcyla, about nine months of medicine, will cost $94,000.


FDA scientists said they approved the drug based on company studies showing Kadcyla delayed the progression of breast cancer by several months. Researchers reported last year that patients treated with the drug lived 9.6 months before death or the spread of their disease, compared with a little more than six months for patients treated with two other standard drugs, Tykerb and Xeloda.


Overall, patients taking Kadcyla lived about 2.6 years, compared with 2 years for patients taking the other drugs.


FDA specifically approved the drug for patients with advanced breast cancer who have already been treated with Herceptin and taxane, a widely used chemotherapy drug. Doctors are not required to follow FDA prescribing guidelines, and cancer researchers say the drug could have great potential in patients with earlier forms of breast cancer


Kadcyla will carry a boxed warning, the most severe type, alerting doctors and patients that the drug can cause liver toxicity, heart problems and potentially death. The drug can also cause severe birth defects and should not be used by pregnant women.


Kadcyla was developed by South San Francisco-based Genentech using drug-binding technology licensed from Waltham, Mass.-based ImmunoGen. The company developed the chemical that keeps the drug cocktail together and is scheduled to receive a $10.5 million payment from Genentech on the FDA decision. The company will also receive additional royalties on the drug's sales.


Shares of ImmunoGen Inc. rose 2 cents to $14.32 in afternoon trading. The stock has ttraded in a 52-wek range of $10.85 to $18.10.


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Stock futures rise after HP earnings, German data

NEW YORK (Reuters) - Stock index futures rose on Friday, indicating the S&P 500 may halt a two-day losing skid, boosted by positive economic data from Europe and better-than-expected earnings from Hewlett-Packard.


The S&P 500 <.spx> has dropped 1.9 percent over the past two sessions, its worst two-day drop since early November, putting the index on pace for its first weekly decline of the year. The retreat was triggered by minutes from the Federal Reserve's January meeting released earlier in the week which suggested stimulus measures may end earlier than thought.


Still, the index is up more than 5 percent for the year and has held the 1,500 support level.


Hewlett-Packard Co climbed 4.7 percent to $17.90 in premarket trading after the No. 1 personal computer maker's quarterly revenue and forecasts beat Wall Street expectations as it continued to cut costs under CEO Meg Whitman's turnaround plan.


The German Ifo business climate indicator for February rose to 107.4, its best one-month rise in more than two years, boosting optimism after Thursday's disappointing PMI data stoked concerns over the euro zone economy.


S&P 500 futures rose 6.4 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 28 points, and Nasdaq 100 futures added 10.5 points.


Insurer American International Group Inc reported fourth-quarter results that beat analysts' expectations, although Chief Executive Robert Benmosche said some employee bonuses will be smaller this year because the company did not meet all of its performance targets. Shares advanced 3.8 percent to $38.68 in premarket trading.


Marvell Technology Group Ltd rose 4.5 percent to $9.90 in premarket trade after the chipmaker forecast results this quarter that were largely above analysts' expectations as it gained market share in the hard-disk drive and flash-storage businesses.


Fellow chipmaker Texas Instruments Inc raised its quarterly dividend by a third and said it would buy back an additional $5 billion in stock.


According to Thomson Reuters data through Thursday morning, of 427 companies in the S&P 500 that have reported results, 69.3 percent have exceeded analysts' expectations, compared with a 62 percent average since 1994 and 65 percent over the past four quarters.


Fourth-quarter earnings for S&P 500 companies are estimated to have risen 5.9 percent, according to the data, above a 1.9 percent forecast at the start of the earnings season.


European shares advanced after the better-than-expected German survey, with the pan-European FTSEurofirst 300 index <.fteu3> up 1.1 percent. <.eu/>


Asian shares recouped some of the previous session's steep falls as investors reassessed concerns that the Federal Reserve may end its ultra-soft monetary policy earlier than expected, but weak U.S. and European data capped Friday's recovery.


(Editing by Bernadette Baum)



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Josh Brolin & Diane Lane: Inside Their Up-and-Down Marriage















02/22/2013 at 07:30 AM EST







Diane Lane and Josh Brolin


Steve Granitz/Wireimage


Josh Brolin and Diane Lane's eight-year marriage is ending in divorce, but the road wasn't always rocky for the occasionally tumultuous pair.

"We're very similar in that celebrity is not a necessity," Brolin, 45, told PEOPLE in 2003, after meeting his soon-to-be-bride, 48, the previous year through stepmom Barbra Streisand. "Everything is easy."

The simplicity seemingly continued for Brolin and his beauty, who wed the following year in a ceremony at the actor's central California ranch.

Though there was a bit of a rocky start to their marriage, the pair got on track in 2005. As Lane told PEOPLE at the time, "I feel much better having a strong man with me who makes me feel embraced and secure. It's wonderful."

With her first marriage to actor Christopher Lambert behind her, Lane went on to say, "I wasn't going to go relationship shopping with my young daughter. I didn't want her to get attached to something that wasn't going to last."

In 2008, Lane praised Brolin, telling Redbook: "It's just invigorating to be around him. Josh completes me because I'm so attracted to his otherness."

On Thursday, reps confirmed the pair split, with a source telling PEOPLE, "They've been separated for several months. This was a hard decision for both of them to make. They were together for 11 years, the relationship just ran its course."

News of the breakup came almost two months after Brolin was held for public intoxication just before midnight on New Year's Eve 2013. Released without charge, the actor was spotted without his wedding ring the following day, donning sunglasses, in Venice, Calif., where he seemed unfazed by the trouble as he ate with a male friend at Sauce on Hampton.

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Flu shot doing poor job of protecting older people


ATLANTA (AP) — It turns out this year's flu shot is doing a startlingly dismal job of protecting older people, the most vulnerable age group.


The vaccine is proving only 9 percent effective in those 65 and older against the harsh strain of the flu that is predominant this season, the Centers for Disease Control and Prevention said Thursday.


Health officials are baffled as to why this is so. But the findings help explain why so many older people have been hospitalized with the flu this year.


Despite the findings, the CDC stood by its recommendation that everyone over 6 months get flu shots, the elderly included, because some protection is better than none, and because those who are vaccinated and still get sick may suffer less severe symptoms.


"Year in and year out, the vaccine is the best protection we have," said CDC flu expert Dr. Joseph Bresee.


Overall, across the age groups studied, the vaccine's effectiveness was found to be a moderate 56 percent, which means those who got a shot have a 56 percent lower chance of winding up at the doctor with the flu. That is somewhat worse than what has been seen in other years.


For those 65 and older, the vaccine was only 27 percent effective against the three strains it is designed to protect against, the worst level in about a decade. It did a particularly poor job against the tough strain that is causing more than three-quarters of the illnesses this year.


It is well known that flu vaccine tends to protect younger people better than older ones. Elderly people have weaker immune systems that don't respond as well to flu shots, and they are more vulnerable to the illness and its complications, including pneumonia.


But health officials said they don't know why this year's vaccine did so poorly in that age group.


One theory, as yet unproven, is that older people's immune systems were accustomed to strains from the last two years and had more trouble switching gears to handle this year's different, harsh strain.


The preliminary data for senior citizens is less than definitive. It is based on fewer than 300 people scattered among five states.


But it will no doubt surprise many people that the effectiveness is that low, said Michael Osterholm, a University of Minnesota infectious-disease expert who has tried to draw attention to the need for a more effective flu vaccine.


Among infectious diseases, flu is considered one of the nation's leading killers. On average, about 24,000 Americans die each flu season, according to the CDC.


This flu season started in early December, a month earlier than usual, and peaked by the end of year. Hospitalization rates for people 65 and older have been some of the highest in a decade, at 146 per 100,000 people.


Flu viruses tend to mutate more quickly than others, so a new vaccine is formulated each year to target the strains expected to be the major threats. CDC officials have said that in formulating this year's vaccine, scientists accurately anticipated the strains that are circulating this season.


Because of the guesswork involved, scientists tend to set a lower bar for flu vaccine. While childhood vaccines against diseases like measles are expected to be 90 or 95 percent effective, a flu vaccine that's 60 to 70 percent effective in the U.S. is considered pretty good. By that standard, this year's vaccine is OK.


For senior citizens, a flu vaccine is considered pretty good if it's in the 30 to 40 percent range, said Dr. Arnold Monto, a University of Michigan flu expert.


A high-dose version of the flu shot was recently made available for those 65 and older, but the new study was too small to show whether that has made a difference.


The CDC estimates are based on about 2,700 people who got sick in December and January. The researchers traced back to see who had gotten shots and who hadn't. An earlier, smaller study put the vaccine's overall effectiveness at 62 percent, but other factors that might have influenced that figure weren't taken into account.


The CDC's Bresee said there is a danger in providing preliminary results because it may result in people doubting — or skipping — flu shots. But the figures were released to warn older people who got shots that they may still get sick and shouldn't ignore any serious flu-like symptoms, he said.


___


Online:


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


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Stock futures lower following jobless claims data

TORONTO, Feb 20 (Reuters) - Canada's Rebecca Marino, a rising star in women's tennis, stepped away from the sport in search of a normal life on Wednesday, weary of battling depression and cyber-bullies. Ranked number 38 in the world two years ago, the 22-year-old admitted she had long suffered from depression and was no longer willing to make the sacrifices necessary to reach the top. "After thinking long and hard, I do not have the passion or enjoyment to drive myself to the level I would like to be at in professional tennis," Marino explained in a conference call. ...
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Car Bomb In Syrian Capital Kills At Least 31, Opposition Says


Sana/European Pressphoto Agency


An injured man was carried near the site of a car bomb explosion in Damascus on Thursday.







In renewed violence reaching the center of the Syrian capital, a car bomb exploded in Damascus on Thursday near the headquarters of President Bashar al-Assad’s ruling party, killing more than two dozen people, mainly civilians but also some security forces, according to opposition sources.




The violence coincided with renewed talks among Mr. Assad’s adversaries who met in Cairo on Thursday to discuss the terms on which the opposition Syrian National Coalition is prepared to talk about a negotiated settlement to the conflict.


Reuters quoted a draft communiquĂ© under discussion by the group as saying it was prepared to negotiate, but Mr. Assad and his security force commanders were “not part of any political solution in Syria.”


The Syrian Observatory for Human Rights, an anti-Assad group based in Britain that has a network of contacts in Syria, reported that at least 31 people were killed by the bomb which exploded in the neighborhood of Mazraa.


Syrian state television said two children were wounded, while Al Ikhbariya, a pro-government television channel, showed footage of two dead bodies and body parts in a park.


The area where the bomb exploded was near the headquarters of Mr. Assad’s ruling Baath Party and the Russian Embassy. State television and the Syrian Observatory also said that mortar shells exploded near the Syrian Army General Command in the center of the capital, but there were no reported casualties.


The strikes were the latest to extend to the heart of the Syrian capital.


Reports this week appeared to show that rebel shells have reached new areas in Damascus.


State media and opposition activists reported on Wednesday that mortar rounds had hit the Tishreen sports stadium in the downtown neighborhood of Baramkeh. The state news agency, SANA, said the explosion killed an athlete from the Homs-based soccer team Al Wathba as he was practicing.


Government forces hit a rebel command center in a suburb east of the capital on Wednesday, injuring a founder of the Liwaa al-Islam brigade, Sheik Zahran Alloush, the brigade said in a statement.


On Tuesday, activists reported that up to seven mortar rounds had been fired by fighters of the Free Syrian Army toward Mr. Assad’s Tishreen Palace in Damascus.


There were no immediate reports of casualties, and it was not known whether Mr. Assad was there at the time. The palace, surrounded by a park, is in a wealthy area that has largely been insulated from the insurgency and it lies less than a mile from the main presidential palace.


Syrian rebels are entrenched in suburbs south and east of the capital, but they have been unable to push far into the center, although they strike the area with occasional mortars and increasingly frequent car bombs.


Such indiscriminate attacks, however, risk killing passers-by, exposing the rebels to charges that they are careless with civilian life and property. Many Damascus residents are undecided in the civil war and fear their ancient city will be ravaged like Aleppo and other urban centers to the north.


At the same time, the government has decimated pro-rebel suburbs with airstrikes and artillery, leaving vast areas depopulated or terrorized.


Fighting continued also for control of the main civilian airport in Aleppo on Wednesday.


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On Twitter, a peanut gallery mocks the Oscars






NEW YORK (AP) — You can simply tune into the Oscars. Or you can watch them with the peanut gallery on Twitter.


While Hollywood parades in tuxedos and gowns, grandly celebrating itself, a freewheeling cacophony of quips and sarcasm — something like a digital, million-times multiplied version of those balcony Muppet onlookers, Statler and Waldorf — will provide a welcome and riotous counter-narrative to the pomp.






The second-screen experience is never better than on Oscar night, when a separate (and some might say superior) entertainment experience plays out on social media. The running commentary, in which comedians and others parody the glamorous stars and their sometimes laughable speeches, has become as central to the Academy Awards as the red carpet.


“Following the Oscars on Twitter is like watching the show with one hundred million of your drunkest friends,” says Andy Borowitz, the humorist and author who’s often been a standout tweeter on Oscar night. Last year, he succinctly summarized the previous two best-picture winners, “The King’s Speech” and “The Artist,” as “an English dude who couldn’t speak” and “a French dude no one could hear.”


Live tweeting major TV events, from the Super Bowl to the Grammy Awards, has become engrained in our viewing by now, forming a virtual water cooler that has boosted ratings. But the Academy Awards stream is particularly captivating because it provides an antidote to the on-screen, buttoned-down glamour. It’s as if there’s not an “SAP” button on your remote, but a “YUKS” one, bringing you play-by-play from some of the funniest people in cyberspace. Comedians assemble as if by duty.


“You gotta say something. Someone has to say something,” says comedian Billy Eichner. “To just stand by and watch it happen is almost too tense. It’s cathartic. You’ve got to just get it out on Twitter because if not, we’re all going to be bottled up thinking about how awkward Anne Hathaway made it for one billion people in real time. I don’t begrudge her the award; I’m just saying she’s a ridiculous person.”


As host of Funny or Die’s “Billy on the Street,” which airs on Fuse, Eichner aggressively and comically interviews passersby about pop culture. So he’s particularly adept at expressing all-caps mockery when it comes to the stars of Hollywood. In the awards circuit leading up to the Oscars, he’s zeroed in on Anne Hathaway, the odds-on favorite to win best supporting actress for her performance in “Les Miserables.”


In Hathaway, Eichner recognizes a great actress, but also a striving theater geek. Nothing is funnier, he says, “than the mix of ego and lack of self-awareness, like Jodie Foster’s Golden Globes speech.”


“Ultimately, it’s just fun because the whole thing is so ridiculous,” says Eichner. “It’s like, why not comment on it? What is it even there for other than to be commented on?”


The Oscars has become one of the biggest social media events of the year. Last year’s telecast at one point set a then-record for 18,718 tweets-per-second. A statuette could be handed out for a new award: most tweeted tweet. In 2011, that honor went to The Onion, which lamented: “How rude — not a single character from Toy Story 3 bothered to show up.”


Last year, “The Artist” may have won best picture, but Martin Scorsese’s “Hugo” easily bested it with 110,179 tweets to 78,509 for “The Artist,” according to Twitter metrics analyst TweetReach.


This year, the academy has partnered with Twitter to track the top categories with an index measuring the percentage of positive tweets about the nominees. Leading as of Tuesday wasn’t the favorite “Argo,” nor was it Steven Spielberg’s “Lincoln,” but rather David O. Russell’s “Silver Linings Playbook.” So if the film, widely considered the dark horse in the best picture race, wins on Sunday, Twitter will have predicted it.


Mark Ghuneim, chief executive of social media measurement firm Trendrr, says that during the Oscars, Twitter is “‘Mystery Science Theater 3000,’ for real,” referring to the cult TV show in which a man and two robot sidekicks wisecrack their way through B-movies.


“It’s really like you’ll never watch TV alone ever again, if you don’t want to,” says Ghuneim. “It’s a natural evolution in television and that’s why it’s so prevalent.”


With real-time data from services like Trendrr, the Oscar conversation can be tracked, revealing which moments resound and provoke audiences. Last year, Angelina Jolie’s leg-baring pose as a presenter immediately put Twitter in hyper-drive, spawning parody accounts from the perspective of her right leg.


It’s such moments where Twitter becomes Oscar’s dance partner. Viewers celebrate with — and chortle at — Hollywood’s self-seriousness, combining together for a TV experience greater than the sum of its parts.


When the 85th annual Academy Awards air Sunday on ABC, countless comedians and others at home will be ready on their mobile phones and laptops with tweets to skewer.


“I just pray we all survive Anne Hathaway’s acceptance speech,” says Eichner. “And, to be honest, I have my doubts.”


___


Online:


https://oscars.twitter.com


___


Follow AP Entertainment Writer Jake Coyle on Twitter at: http://twitter.com/jake_coyle


Social Media News Headlines – Yahoo! News





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Lou Myers, A Different World Actor, Dies















02/21/2013 at 08:25 AM EST



TV, film and stage actor Lou Myers, best known for playing Mr. Gaines on the sitcom A Different World in the '80s and early '90s, has died at 77.

Myers passed away at the Charleston Area Medical Center in his native state of West Virginia after battling pneumonia for several months, TMZ.com reported.

Myers was born in Chesapeake, W.V., the son of a Cabin Creek coal miner, according to the Charleston Gazette. After attending West Virginia State University, he got his first acting break as an understudy in the Broadway play The First Breeze of Summer.

He went on to appear in more than a dozen films, including How Stella Got Her Groove Back and The Wedding Planner.

On television, he had roles on ER, JAG and NYPD Blue, but is best remembered for playing Vernon Gaines on A Different World, which was a spin-off from The Cosby Show.

On Broadway, Myers appeared in productions including Oprah Winfrey's The Color Purple and Cat on a Hot Tin Roof. He won an NAACP Image Award for his portrayal of the Stool Pigeon in the play King Hedley II.

An accomplished piano player, Myers also sang jazz and blues with the touring company of Negro Music in Vogue.

He is survived by his mother, Dorothy Jeffries, 95, a son, Melvin Myers, and two grandsons, Brayden and Christian, the Gazette said.

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Adults get 11 percent of calories from fast food


ATLANTA (AP) — On an average day, U.S. adults get roughly 11 percent of their calories from fast food, a government study shows.


That's down slightly from the 13 percent reported the last time the government tried to pin down how much of the American diet is coming from fast food. Eating fast food too frequently has been seen as a driver of America's obesity problem.


For the research, about 11,000 adults were asked extensive questions about what they ate and drank over the previous 24 hours to come up with the results.


Among the findings:


Young adults eat more fast food than their elders; 15 percent of calories for ages 20 to 39 and dropping to 6 percent for those 60 and older.


— Blacks get more of their calories from fast-food, 15 percent compared to 11 percent for whites and Hispanics.


— Young black adults got a whopping 21 percent from the likes of Wendy's, Taco Bell and KFC.


The figures are averages. Included in the calculations are some people who almost never eat fast food, as well as others who eat a lot of it.


The survey covers the years 2007 through 2010 and was released Thursday by the Centers for Disease Control and Prevention. The authors couldn't explain why the proportion of calories from fast food dropped from the 13 percent found in a survey for 2003 through 2006.


One nutrition professor cast doubts on the latest results, saying 11 percent seemed implausibly low. New York University's Marion Nestle said it wouldn't be surprising if some people under-reported their hamburgers, fries and milkshakes since eating too much fast food is increasingly seen as something of a no-no.


"If I were a fast-food company, I'd say 'See, we have nothing to do with obesity! Americans are getting 90 percent of their calories somewhere else!'" she said.


The study didn't include the total number of fast-food calories, just the percentage. Previous government research suggests that the average U.S. adult each day consumes about 270 calories of fast food — the equivalent of a small McDonald's hamburger and a few fries.


The new CDC study found that obese people get about 13 percent of daily calories from fast food, compared with less than 10 percent for skinny and normal-weight people.


There was no difference seen by household income, except for young adults. The poorest — those with an annual household income of less than $30,000 — got 17 percent of their calories from fast food, while the figure was under 14 percent for the most affluent 20- and 30-somethings with a household income of more than $50,000.


That's not surprising since there are disproportionately higher numbers of fast-food restaurants in low-income neighborhoods, Nestle said.


Fast food is accessible and "it's cheap," she said.


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Stock futures edge lower ahead of data, Fed minutes

NEW YORK (Reuters) - U.S. stock index futures edged lower on Wednesday, ahead of data on the housing market and inflation, as well as minutes from the Federal Open Market Committee's January meeting.


Housing starts and permits for January along with the January producer price index are due at 8:30 a.m. (1330 GMT).


Economists in a Reuters survey forecast the housing starts data to show a 925,000-unit annualized rate in January versus 954,000 in December, and a total of 915,000 permits in January compared with 909,000 in the prior month.


PPI is expected to show a 0.4 percent rise after a 0.3 percent drop in December. Excluding volatile food and energy items, PPI is expected to rise 0.2 percent versus a 0.1 percent increase in December.


Later in the session, investors will look to the minutes from the Fed's January meeting for any clues on how long the current monetary policy will remain in effect.


"We have several economic pieces of news today and of course the one that is eyed the most is going to be the FOMC minutes," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.


"Housing starts is in play and the earlier data probably will set the stage for the market to perhaps continue yesterday's rally but the key will be the FOMC minutes."


U.S. stocks moved closer to all-time highs on Tuesday, as the ongoing flurry of merger activity to start the year has helped buoy equities from a pullback.


An expected deal that helped lift the market on Tuesday was confirmed on Wednesday when Office Depot Inc said it had reached a definitive deal to buy smaller rival OfficeMax Inc in a bid to get more clout with suppliers and better compete against rival Staples Inc .


Office Depot shares jumped 14.5 percent to $5.75 before the opening bell while OfficeMax surged 15.4 percent to $15. Staples shares gained 2.7 percent to $15.05.


The S&P 500 <.spx> is up 7.4 percent for the year, fueled by legislators' ability to sidestep an automatic implementation of spending cuts on tax hikes on January 1, better-than-expected corporate earnings and modestly improving economic data that has been tepid enough for the Fed to maintain its stimulus policy.


S&P 500 futures slipped 1.4 points and were slightly below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures lost 1 point, and Nasdaq 100 futures shed 3.75 points.


As earnings season winds down, S&P 500 companies set to report include Devon Energy Corp and Fluor Corp .


Toll Brothers Inc lost 4.6 percent to $35.20 in premarket trade after the largest luxury homebuilder in the United States, reported first-quarter results well below analysts' estimates.


SodaStream dropped 5 percent to $49.82 in premarket after the seller of home carbonated drink maker machines posted fourth-quarter earnings and provided a 2013 outlook.


According to Thomson Reuters data through Tuesday morning, of the 391 companies in the S&P 500 that have reported results, 70.1 percent have exceeded analysts' expectations, compared with a 62 percent average since 1994 and 65 percent over the past four quarters.


Fourth-quarter earnings for S&P 500 companies are estimated to have risen 5.6 percent, according to the data, above a 1.9 percent forecast at the start of the earnings season.


European shares dipped on Wednesday, consolidating after a steep rally in the previous session as investors were confronted with news of weak earnings, though some expected further near-term gains. <.eu/>


Asian shares scaled their highest levels since August 2011 after an improving global economic outlook whetted investor appetite for risk, while the yen firmed amid doubts over Japan's commitment to drastic reflation.


(Reporting by Chuck Mikolajczak; Editing by Chizu Nomiyama and Nick Zieminski)



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China Says Army Is Not Behind Attacks in Report







SHANGHAI — A day after a United States security company accused a People’s Liberation Army unit in Shanghai of engaging in cyberwarfare against American corporations, organizations and government agencies, China’s defense ministry issued a strong denial and insisted that the report was flawed.




At a news conference in Beijing Wednesday, the ministry suggested the allegations were destructive and challenged the study, which was produced by Mandiant, an American computer security company. The report identified P.L.A. Unit 61398 in Shanghai as one of the most aggressive computer hacking operations in the world.


Geng Yansheng, a spokesman for China’s Ministry of National Defense, said that China had been the victim of cyberattacks that have originated in the United States, and that Mandiant mischaracterized China’s activities.


“Chinese military forces have never supported any hacking activities,” Mr. Geng said at the briefing. “The claim by the Mandiant company that the Chinese military engages in Internet espionage has no foundation in fact.”


On Tuesday, a spokesman for China’s Foreign Ministry, Hong Lei, made similar remarks, arguing that cyberattacks are difficult to trace because they are “often carried out internationally and are typically done so anonymously.”


The New York Times reported on Tuesday that a growing body of digital forensic evidence pointed to the involvement of the P.L.A. Shanghai unit and that American  intelligence officials had also been tracking the unit’s activities.


On its Web site, Mandiant released a lengthy report on Tuesday detailing some of its evidence, including Internet protocol addresses and even the identities of several Chinese individuals it believes were behind some of the attacks. Mandiant said it monitored the hackers as they logged onto social networking sites or through e-mail accounts.


Attempts to contact two of the individuals through telephone numbers and instant message services were unsuccessful. In one case, one of the individuals — whose online profile says he is 28 years old and a graduate of a university that specializes in computer science — declined to answer questions.


Several military analysts said they had also traced some major cyberattacks back to the People’s Liberation Army. and its Shanghai Unit 61398, which is known to be engaged in network security.


Still, many security experts concede that it is difficult if not possible to know for certain where attacks originate because hackers often take control of computers in various locations.


Chinese officials have insisted in recent years that China is one of the biggest targets of cyberattacks.


“Statistics show that Chinese military terminals connected to the Internet have been subjected to large numbers of attacks from abroad, and I.P. addresses indicate that a considerable number of these attacks are from the United States, but we have never used this as a reason to accuse the United States,” the defense ministry said Wednesday. “Every country should handle the problem of cybersecurity in a professional and responsible manner.”


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Sony set to make pre-emptive strike on Microsoft with PS4






TOKYO (Reuters) – Sony Corp is expected to showcase a new PlayStation console on Wednesday in a pre-emptive strike against Microsoft Corp’s bid to make its Xbox the world’s leading hub for household entertainment.


The rare PlayStation event in New York comes amid industry speculation that Microsoft is set to unveil the successor to its Xbox 360, which beats the seven-year-old PlayStation 3′s online network with features such as voice commands on interactive gaming and superior connectivity to smartphones and tablets.






“Their focus is on establishing a beachhead for the next generation of consoles, and that’s what February 20 is all about,” said P.J. McNealy, CEO and founder of Digital World Research. “The reality is they have been playing catch-up.”


Pushing ahead of Microsoft’s Xbox and Nintendo Co Ltd’s new Wii U could help Sony revive an electronics business hurt by a dearth of hit gadgets, a collapse in TV sales and the convergence of consumer interest around tablets and smartphones built by rivals Apple Inc and Samsung Electronics Co Ltd.


Tablets and smartphones already account for around 10 percent of the $ 80 billion gaming market. Those mobile devices, analysts predict, will within a few years be as powerful as the current slew of game-only consoles.


After six years, Sony PlayStation sales are just shy of Xbox’s 67 million installed base and well behind the 100-million selling Wii, analysts said.


A lackluster launch in November of the Wii successor, the Wii U, gives Sony a chance to focus on toppling Microsoft as all three battle the encroachment of casual gaming on tablets and smartphones. Nintendo cut its sales target to 4 million machines from 5.5 million for the year ending March 31.


STREAMING


Microsoft’s answer to the casual gaming threat has been software that gives users extra content and allows them to surf the Internet from their mobile devices. The Xbox already streams Netflix and ESPN and links to tablets and smartphones using Windows or Apple’s iOS and Google Inc’s Android. Sony’s PS3 online network has lagged.


“For Sony, they have to come out and make this PlayStation event the definitive statement of why gamers need to adopt the PlayStation 4 or PlayStation Orbis or whatever they end up calling it,” said Greg Miller, PlayStation executive editor at video game site IGN.com.


Sony’s purchase in July of U.S. cloud-based gaming company Gaikai for $ 380 million hints that the Japanese company will pursue a similar streaming strategy to Microsoft. Sony, industry watchers say, may also offer an expanded range of free games to counter the threat from casual gaming.


Sony, which under its CEO Kazuo Hirai is focusing on gaming, mobile devices and cameras, needs a hit product. But by betting on a PS3 successor, Hirai, whose most profitable business is life insurance, risks deepening consumer electronic losses as he will have to sell consoles at below the manufacturing cost to gain market traction.


That choice is made harder because the other two pillars of Hirai’s new Sony – cameras and mobile – are losing money.


Sony expects to post a $ 1.4 billion operating profit in the current fiscal year. Yet, much of that rebound is gains from offloading real estate, including $ 1.1 billion for its New York headquarters.


The PlayStation event in New York starts at 2300 GMT (1800 EST).


($ 1 = 93.5200 Japanese yen)


(Additional reporting by Reiji Murai; Editing by Ryan Woo)


Tech News Headlines – Yahoo! News





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Oscar Pistorius's House Had Testosterone & Needles, Say Police






Breaking News








02/20/2013 at 08:35 AM EST







Oscar Pistorius


Herman Verwey/City Press/Gallo Images/Getty


As a bail hearing continued Wednesday in the murder case of South African sprinter Oscar Pistorius, new details have emerged as prosecutors outline their charges that he is guilty of shooting his girlfriend, model Reeva Steenkamp.

Police testified that they discovered testosterone and needles inside the "Blade Runner" Olympian's home, The New York Times reports.

But his defense lawyers said the Olympian took no banned performance-enhancing drugs, describing the substances found as herbal. The athletes, according to the International Paralympic Committee, tested drug-free as late as last September.

Pistorius, 26, has claimed the shooting was a case of mistaken identity.

Prosecution lawyers, questioning a police witness, said shots fired through the bathroom door that night countered Pistorius's claims that he was not wearing his prosthetic legs when he thought he heard an intruder inside his house and fired with a 9 mm handgun through the door.

Steenkamp, 30, was struck three times, in the head, arm and hip. She was buried on Tuesday amid an outpouring of national support and emotional family tributes.

A police detective testified Wednesday that Pistorius had accidentally fired a weapon at a restaurant in January and urged a friend to take responsibility for the shooting, The Times reports. The detective also testified that Pistorius threatened violence over a woman in another altercation.

Pistorius had claimed to investigators that his house was dark at the time he thought an intruder was inside but a witness who testified for the prosecution Wednesday said a light was switched on when the first shots were fired.

That witness said a gunshot rang out, then a woman's screams were heard, the more shots continued. Pistorius's lawyer, however, said that witness, a neighbor, lived 600 yards away.

The emotional Pistorius continued to proclaim his innocence. "I fail to understand how I could be charged with murder, let alone premeditated," Pistorius told the court in an affidavit read by his defense counsel Barry Roux. "I had no intention to kill my girlfriend."

The prosecution, however, was resolute, that this was not an accident but a premeditated act of violence. If convicted, Pistorius would receive life in prison.

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Drug overdose deaths up for 11th consecutive year


CHICAGO (AP) — Drug overdose deaths rose for the 11th straight year, federal data show, and most of them were accidents involving addictive painkillers despite growing attention to risks from these medicines.


"The big picture is that this is a big problem that has gotten much worse quickly," said Dr. Thomas Frieden, head of the Centers for Disease Control and Prevention, which gathered and analyzed the data.


In 2010, the CDC reported, there were 38,329 drug overdose deaths nationwide. Medicines, mostly prescription drugs, were involved in nearly 60 percent of overdose deaths that year, overshadowing deaths from illicit narcotics.


The report appears in Tuesday's Journal of the American Medical Association.


It details which drugs were at play in most of the fatalities. As in previous recent years, opioid drugs — which include OxyContin and Vicodin — were the biggest problem, contributing to 3 out of 4 medication overdose deaths.


Frieden said many doctors and patients don't realize how addictive these drugs can be, and that they're too often prescribed for pain that can be managed with less risky drugs.


They're useful for cancer, "but if you've got terrible back pain or terrible migraines," using these addictive drugs can be dangerous, he said.


Medication-related deaths accounted for 22,134 of the drug overdose deaths in 2010.


Anti-anxiety drugs including Valium were among common causes of medication-related deaths, involved in almost 30 percent of them. Among the medication-related deaths, 17 percent were suicides.


The report's data came from death certificates, which aren't always clear on whether a death was a suicide or a tragic attempt at getting high. But it does seem like most serious painkiller overdoses were accidental, said Dr. Rich Zane, chair of emergency medicine at the University of Colorado School of Medicine.


The study's findings are no surprise, he added. "The results are consistent with what we experience" in ERs, he said, adding that the statistics no doubt have gotten worse since 2010.


Some experts believe these deaths will level off. "Right now, there's a general belief that because these are pharmaceutical drugs, they're safer than street drugs like heroin," said Don Des Jarlais, director of the chemical dependency institute at New York City's Beth Israel Medical Center.


"But at some point, people using these drugs are going to become more aware of the dangers," he said.


Frieden said the data show a need for more prescription drug monitoring programs at the state level, and more laws shutting down "pill mills" — doctor offices and pharmacies that over-prescribe addictive medicines.


Last month, a federal panel of drug safety specialists recommended that Vicodin and dozens of other medicines be subjected to the same restrictions as other narcotic drugs like oxycodone and morphine. Meanwhile, more and more hospitals have been establishing tougher restrictions on painkiller prescriptions and refills.


One example: The University of Colorado Hospital in Aurora is considering a rule that would ban emergency doctors from prescribing more medicine for patients who say they lost their pain meds, Zane said.


___


Stobbe reported from Atlanta.


___


Online:


JAMA: http://www.jama.ama-assn.org


CDC: http://www.cdc.gov


___


AP Medical Writer Lindsey Tanner can be reached at http://www.twitter.com


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Stock futures rise on deals, extend seven-week rally

NEW YORK (Reuters) - Stock index futures advanced on Tuesday, indicating the S&P 500 will build on its seven-week winning streak on optimism about M&A activity and before data on the housing market.


The S&P 500 <.spx> has risen for seven straight weeks, its longest streak since January 2011, and is up 6.6 percent for the year.


The strong start to the year was fueled by legislators in Washington temporarily averting a series of automatic spending cuts and tax hikes as well as better-than-expected earnings and economic data. The Federal Reserve's stimulus policy has also been a major factor.


But further gains for the benchmark S&P index have been a struggle as investors look for new catalysts to lift the index, which hovers near five-year highs.


The compromise by lawmakers on across-the-board spending cuts, known as sequestration, only postponed until March 1 a resolution to the congressional budget fight.


The uptick in merger and acquisition activity, a sign of optimism about the outlook on Wall Street, has resulted in more than $158 billion in deals announced so far in 2013.


"The firm market tone continues, fueled by a lack of negative surprises as well as an increase in M&A activity, adding confidence to market valuations," said Andre Bakhos, director of market analytics at Lek Securities in New York.


"The market has been able to shrug off minor negatives as it looks ahead to a potential bigger hurdle in the sequestration -until then, the situation looks stable."


Office Depot Inc surged 26.1 percent to $5.79 in premarket trading after a person familiar with the matter said the No. 2 U.S. office supply retailer is in advanced talks to merge with smaller rival OfficeMax Inc and a deal could come as early as this week. OfficeMax shares jumped 13.7 percent to $12.22 before the opening bell.


Economic data on tap includes the National Association of Home Builders/Wells Fargo index on housing sales for February at 10 a.m. (1500 GMT). Economists in a Reuters survey expect a reading of 48 compared with 47 in January.


Improving housing data has been cited by analysts as one of the key factors in the stock market rally.


S&P 500 futures rose 3.1 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 22 points and Nasdaq 100 futures added 5.75 points.


Computer maker Dell reports fourth-quarter results, expected to show earnings per share fall to $0.39 from $0.51 one year earlier. Analysts will have their first chance to question management on a buyout deal struck earlier this month by Chief Executive Michael Dell, private equity firm Silver Lake and Microsoft .


According to the Thomson Reuters data through Friday, of the 388 companies in the S&P 500 that have reported results, 69.8 percent have exceeded analysts' expectations, compared with a 62 percent average since 1994 and 65 percent over the past four quarters.


Fourth-quarter earnings for S&P 500 companies are estimated to have risen 5.6 percent, according to the data, above a 1.9 percent forecast at the start of the earnings season.


European shares rose on Tuesday, lifted by gains at food group Danone and fresh signs of a German economic recovery, although broader market sentiment remained cautious ahead of Italian elections this weekend. <.eu/>


Philippine and Australian shares scaled new heights, but other Asian shares were mixed, with worries about an inconclusive outcome in Italy's election and U.S. budget talks.


(Reporting by Chuck Mikolajczak; Editing by Chizu Nomiyama and Kenneth Barry)



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India Ink: A Conversation With: Journalist and Author Rahul Pandita

Rahul Pandita, an associate editor with the Open magazine in Delhi, is a journalist and author who belongs to the Kashmiri Pandit community, Hindus who had to flee the Kashmir Valley in the early 1990s during a separatist insurgency by the Muslim majority.

In his memoir, “Our Moon has Blood Clots,” which was released last month, Mr. Pandita chronicles the loss and suffering of his own family to narrate the plight of the estimated 350,000 Kashmiri Hindus who were uprooted from their homes during the conflict.

Mr. Pandita spoke to India Ink recently about why his book was important in the Kashmir discourse and about some of the difficulties he faced in the writing process.

Why did you decide to write this book?

Writing this book has been part of the reason that I became a journalist and pursued literature in college. Otherwise, like most people in the Kashmiri community, I too would have studied engineering, which was important for us [Kashmiri Pandits] then, to regain some of what we had lost in the Kashmir Valley in 1992 after the mass exodus. I really wanted to tell this story.

There is a palpable sense of pain, loss and anger in your writing. How difficult was it for you to write this memoir?

This story has been an extremely difficult story to write. I think I started writing it very seriously from 2000 onwards, when I was a reporter with a television channel.

So I would write chapters and then give up completely because I just couldn’t write it. Then I began again in mid-2000s and again gave up because I wasn’t sure what form it would take. What I also found very unfortunate was how our story was relegated to the margins. And I was not sure if it should come out as a memoir. Many close friends suggested that I should write this as a fictional account—the truth but laced in fiction, because that would be more acceptable to the overall discourse of this country.

At one point, I was very seriously contemplating writing it in the form of a novel. But I think over the last few years I have become very conscious of my identity as a Kashmiri Pandit, and what has happened to us in Kashmir. The anger of the early 1990s and the hardships that we faced in exile have come back all of a sudden in the last few years.

What happened in the last few years that led to this seething anger that you are talking about?

I have just become conscious of the fact that nobody is interested in our story. It is so easy to align it with the right-wing narrative. This liberal discourse I feel is run by these 50, 100 people who contain anything coming from Kashmiri Pandit point of view. They say it’s a B.J.P.-R.S.S. [Bharatiya Janata Party-Rashtriya Swayamsevak Sangh] narrative.

The bigger betrayal for us was denying us our truth, that the night of January 1990 “did not happen.” When some of the excerpts of the book were published in The Hindu and my own magazine, people started writing open letters to me, saying it never happened. For God’s sake, don’t insult the memory of 350,000 Kashmiri Pandits who have suffered it in every nook and corner of the Kashmir Valley! It is being made as if talking about Kashmiri Pandit pain will diminish the Kashmiri Muslim pain, which is not the case. I believe that both these pains have the right to coexist, but as a Kashmiri writer I am not ready to compromise on my truth, no matter how inconvenient it is.

Which portions would you say were the most difficult to chronicle?

The most difficult passages to write were of course the brutal murder of my own brother, my mother’s illness, which we are still struggling with, and it’s only because of the hardships of the exile in the initial years.

I think I also hate when I go to Jammu. I love it at one point because all of my relatives are there, and it’s like a mini Kashmir now in many ways. But when I go there, those images of the suffering of  1990, ’91, ’92, ’93 come back to me, when we had to face the ignominy of doorless toilets that I mention in my book and the way we were treated in Jammu in those one-room dwellings. All that was very difficult to write.

When I return to my book, I realize that I cannot read it any longer. Those emotions come back to me — every single incident, every single passage I write comes back to me.

What was your gut reaction when you visited your house in Kashmir for the first time since the exodus?

Till 2007 I never returned to my home in the Srinagar suburb of Chanapora. I went because I wanted to capture those memories. My mother is so unwell, and my parents have never returned to Kashmir after 1990. I have gone to Kashmir since ’98 as a journalist. I wanted to click some pictures and show it to them.

Throughout the book, I have used the word “home” for my home in Kashmir. I haven’t done it consciously; it just happened to me. I now stay in a Delhi suburb and own an apartment, but that feeling never comes back. It’s a house for me. I take care of it as anyone would do, but that feeling of uprootedness is there.

When I go to Kashmir, there is an acute sense of loss — traveling through the same roads, meeting people and a strong sense of realization that you don’t belong here any longer. Your roots are here, but you don’t own anything here. Your house is no longer your house — that’s very painful.

I think it’s going to be a very difficult journey for me when I return to Kashmir now. Because now I will look at Kashmir through the prism of my book, the memories I evoke in the book.

It is very important for the Kashmiri Pandit community not to lose sight of what happened to us in January 1990. It’s like a festering wound, and I will personally make sure that I keep festering this wound. Otherwise, you are completely lost. Then you become a refugee who has compromised, who has surrendered to destiny. My book begins and ends on a defiant note.

How is this book about Kashmir different from the ones written before?

It’s the first honest account.

Honest in what sense?

The previous books have done this balancing act. I am talking about books written in English–there are a couple of good books written in Hindi, especially “Dardpur,” by Kshama Kaul, which is very powerful.

The tendency of balancing out things — “let’s not make anyone unhappy, not talk about their pain” — is a very valid thing. But then you are compromising on your own story.

Right from the beginning there was this bitterness between the two communities [Kashmiri Pandits and Muslims], which would flare up once in a while in the form of 1986 Anantnag riots or they [Muslims] would break the window pane of our house if India won a cricket match against Pakistan. Those portions are ignored, and those are really the signals. And one needs to talk about it.

This balancing act that some of us have gotten into is because we go back to Kashmir and we have friends from the other end. I have so many Kashmiri Muslim friends. I don’t see why my truth should make them unhappy.

How has it been received in the Kashmir Valley?

It was expected to ruffle a few feathers. Only a minuscule population in Kashmir is willing to own up to what happened to Kashmiri Pandits in 1989-90.

One reason I wrote this book and the way I wrote it was to tell the world that, it is not only the Islamist Muslim with a gun in his hand who is responsible for the brutalization of Kashmiri Pandits. Not all ordinary Kashmiri Muslims took part in this ethnic cleansing, but a substantial number of them did. Otherwise, how would have so many people come out of the mosques on one night in January 1990 and raised frightening slogans against Kashmiri Pandits? And it wasn’t just that one day. All of us know how so many of us were killed.

The dominant reaction was expected. But I am also hopeful. I am in touch with a few Kashmiri youngsters who are validating my story because they know what has happened. Some of them are very vocal on social media networks.

If you had not been a journalist, would you have written this book differently?

The advantage of being a journalist is that you know your story well. You know how to present it well. Writing is about the structure, something you learn while you are at it.

I have written this book with a strict journalistic rigor. Memory is very slippery at times, so I have validated and re-validated everything that came from my memory. I have tallied and re-tallied everything from newspaper archives and official documents from that time.

If I was not a journalist or a writer, I don’t think the book would have been so raw.

(The interview has been condensed and lightly edited.)

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Kate Looks Great at First Official Outing Since Babymoon









UPDATED
02/19/2013 at 08:45 AM EST

Originally published 02/19/2013 at 08:25 AM EST



Making her first official public appearance since her Caribbean babymoon, a tanned and healthy-looking Duchess of Cambridge showed off her blooming baby bump Tuesday morning during a visit to a residential treatment center run by one of her patronages, Action on Addiction.

Just back from a winter break in Mustique, Kate, 31, chose a gray MaxMara Studio dress paired with pearl drop earrings.

"She looked really relaxed and rested after her break. She could have worn a coat, but she looked happy to show off her bump," says Judy Wade, the royals writer for the Observer.

"It's nice to be back," Kate said as she greeted Action on Addiction's chief executive, Nick Barton. "It's a lovely day for it."

Kate also acknowledged how she felt about having a baby as she chatted with those at the center.

Said Lisa, 34, a mother of three: "I asked her if she was nervous about having a child, and she said it would unnatural if she wasn't. It's just human, isn't it?"

Another woman, Natalie, 28, is carrying a baby due in late July, and said after speaking to Kate, "She was saying she had been feeling unwell but was feeling better now."

Next month, the Palace is set to make an announcement on another group of charities and interests that Kate will support.

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Hip implants a bit more likely to fail in women


CHICAGO (AP) — Hip replacements are slightly more likely to fail in women than in men, according to one of the largest studies of its kind in U.S. patients. The risk of the implants failing is low, but women were 29 percent more likely than men to need a repeat surgery within the first three years.


The message for women considering hip replacement surgery remains unclear. It's not known which models of hip implants perform best in women, even though women make up the majority of the more than 400,000 Americans who have full or partial hip replacements each year to ease the pain and loss of mobility caused by arthritis or injuries.


"This is the first step in what has to be a much longer-term research strategy to figure out why women have worse experiences," said Diana Zuckerman, president of the nonprofit National Research Center for Women & Families. "Research in this area could save billions of dollars" and prevent patients from experiencing the pain and inconvenience of surgeries to fix hip implants that go wrong.


Researchers looked at more than 35,000 surgeries at 46 hospitals in the Kaiser Permanente health system. The research, published Monday in JAMA Internal Medicine, was funded by the U.S. Food and Drug Administration.


After an average of three years, 2.3 percent of the women and 1.9 percent of the men had undergone revision surgery to fix a problem with the original hip replacement. Problems included instability, infection, broken bones and loosening.


"There is an increased risk of failure in women compared to men," said lead author Maria Inacio, an epidemiologist at Southern California Permanente Medical Group in San Diego. "This is still a very small number of failures."


Women tend to have smaller joints and bones than men, and so they tend to need smaller artificial hips. Devices with smaller femoral heads — the ball-shaped part of the ball-and-socket joint in an artificial hip — are more likely to dislocate and require a surgical repair.


That explained some, but not all, of the difference between women and men in the study. It's not clear what else may have contributed to the gap. Co-author Dr. Monti Khatod, an orthopedic surgeon in Los Angeles, speculated that one factor may be a greater loss of bone density in women.


The failure of metal-on-metal hips was almost twice as high for women than in men. The once-popular models were promoted by manufacturers as being more durable than standard plastic or ceramic joints, but several high-profile recalls have led to a decrease in their use in recent years.


"Don't be fooled by hype about a new hip product," said Zuckerman, who wrote an accompanying commentary in the medical journal. "I would not choose the latest, greatest hip implant if I were a woman patient. ... At least if it's been for sale for a few years, there's more evidence for how well it's working."


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Online:


Journal: http://www.jamainternalmed.com


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Euro, dollar up after G20, stocks ease on growth concern

LONDON (Reuters) - The yen resumed falling on Monday after Japan signaled it would push ahead with expansionist monetary policies having escaped criticism from the world's 20 biggest economies at the weekend.


European shares and industrial metals dropped on lingering worries about the economic outlook, especially for the euro zone. The risk of an inconclusive outcome in Italian elections at the weekend also added to investor concerns.


However, activity was curtailed by the closure of markets in the United States for the Presidents' Day holiday.


The yen, which has dropped 20 percent against the dollar since mid-November, fell further after financial leaders from the G20 promised not to devalue their currencies to boost exports and avoided singling out Japan for any direct criticism.


"Future yen direction will continue to be driven by domestic monetary policy from the Bank of Japan and improving international investor confidence, which are both driving the yen weaker," said Lee Hardman, currency analyst at Bank of Tokyo-Mitsubishi UFJ.


Japan's prime minister Shinzo Abe seized the opportunity to keep pressure on the central bank to loosen policy, telling the Japanese parliament that buying foreign bonds could be among options the Bank of Japan could adopt.


The result was the dollar rising 0.5 percent to 93.98 yen, near a 33-month peak of 94.47 yen set a week ago. The euro rose 0.2 percent to 125.32 yen, roughly midway between Friday's two-week low of 122.90 and a 34-month high of 127.71 yen hit earlier this month.


Strategists said that while the yen was likely to stay weak, its decline could lose momentum as investors wait for more clarity on who will be taking the helm at the Bank of Japan when the current governor steps down on March 19.


"The big unknown is who will get appointed as the new BoJ governor, so it is difficult to put on massive positions beforehand," said Saeed Amen, currency strategist at Nomura.


Abe is poised to nominate the new governor in the coming days. Sources have told Reuters that former financial bureaucrat Toshiro Muto, considered likely to be less radical than other candidates, was leading the field.


Elsewhere in the currency market, sterling hit a seven-month low against the dollar, after a key policymaker made comments about the need for further weakness and recent poor data which has kept alive worries of another British recession.


Sterling fell 0.15 percent to $1.5492 having earlier touched $1.5438, its lowest since July 13.


DATA LOOMS


A big week for data on the outlook for the world's economy weighed on other riskier asset markets following the recent dire fourth-quarter growth numbers for the euro zone and Japan, along with Friday's soft U.S. manufacturing figures.


In European markets, attention is focused on the euro area Purchasing Managers' Indexes for February and German sentiment indices due later in the week. These could affect hopes for a recovery this year.


Analysts expect Thursday's euro area flash PMI indices, which offer pointers to economic activity around six months out, to show growth stabilizing across the recession-hit region, leaving hopes for a recovery in the second half of 2013 intact.


Concerns over an inconclusive outcome in the Italian elections on Sunday and Monday have added to the weaker sentiment as a fragmented parliament could hamper a future government's efforts to reform the struggling economy.


The worries about the outlook for Italy were encouraging investors back into safe-haven German government bonds on Monday, with 10-year Bund yields easing 3.6 basis points to be around 1.63 percent.


"Political uncertainty will keep Bunds well bid this week," ING rate strategist Alessandro Giansanti said, adding that only better than expected economic data could create selling pressure on German debt in the near term.


Italian 10-year yields were 7 basis points higher on the day at 4.44 percent.


EARNINGS HIT


European equity markets were taking their lead from corporate earnings reports which have been reflecting the sluggish economic conditions across the region.


Danish brewer Carlsberg , which generates just over 60 percent of its sales in western Europe, became the latest to report a weaker-than-expected quarterly profit, sending its shares to their lowest level in almost a month.


The 6.8-percent drop for shares in the world's fourth biggest brewery helped send the FTSEurofirst 300 index <.fteu3> of top European shares down 0.3 percent at midday. Germany's DAX <.gdaxi>, France's CAC-40 <.fchi> and UK FTSE-100 <.ftse> ranged between 0.1 percent up and 0.3 percent lower.


Earlier, the effect of the G20 statement and the comments from Abe indicating a renewed drive to stimulate the Japanese economy lifted the Nikkei stock index <.n225> by 2.1 percent, near to its highest level since September 2008.


MSCI's world equity index <.miwd00000pus> was flat as markets extended a two-week period of consolidation that has followed the big run-up in January, when demand was buoyed by the efforts of central banks to stimulate the world economy.


Data from EPFR Global, a U.S.-based firm that tracks the flows and allocations of funds globally, shows investors pulled $3.62 billion from U.S. stock funds in the latest week, the most in 10 weeks after taking a neutral stance the prior week.


But demand for emerging market equities remained strong, with investors putting $1.81 billion in new cash into stock funds, the fund-tracking firm said.


CHINA RETURN


In the commodity markets, traders played catch-up after a week-long holiday last week in China, the world's second biggest consumer of many raw materials, which had kept activity subdued, with worries about the economic outlook weighing on sentiment.


Copper, for which China is the world's largest consumer, dipped to a near three-week low of $8,127.50 a metric ton (1.1023 tons) on the London futures market. Benchmark tin and nickel also touched three-week lows.


Bargain hunters helped gold rise from a six-month low to be up 0.2 percent to $1,611.87 an ounce with jewelers in China returning to the physical market after the Lunar New Year holiday.


Crude oil markets were mostly steady after some weak U.S. industrial production data on Friday [ID:nL1N0BF44A] was seen dampening demand, while tensions in the Middle East lent some support.


"We continue to see a mixed picture out of the United States. Industry output was lower than expected but that shouldn't affect the general upward direction," Olivier Jakob, analyst at Geneva-based Petromatrix, said.


Brent crude was flat at $117.66 a barrel after posting its first weekly loss since the first half of January. U.S. crude slipped 19 cents to $95.67.U.S. crude.


(Additional reporting by Marius Zaharia and Ron Bousso. Editing by Philippa Fletcher)



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IHT Rendezvous: Holding Obama's Feet to the Climate-Change Fire

At first glance, it was hard to tell whether they had come to bury Obama or to praise him.

Thousands of activists from hundreds of environmental, social justice and community groups marched on Washington yesterday in the biggest climate rally ever held in the U.S. capital. Activists both called on President Obama to make good on his climate change policy promises and protested the Keystone XL pipeline project.

“For 25 years our government has basically ignored the climate crisis: now people in large numbers are finally demanding they get to work,” Bill McKibben, head of 350.org, one of the environmental groups organizing the event, told the crowd.

The “Forward on Climate” rally comes less than a week after President Obama urged American leaders to “act before it is too late,” on climate change during his State of the Union address.

The demonstration’s timing — early in the administration’s second term — was important. While many say Mr. Obama achieved important green goals in his first term (Rendezvous wrote about tougher fuel efficiency standards for cars), critics say he did not achieve enough in the fight to address climate change. Many blame an uncooperative Congress and the always-looming re-election campaign. (The words “climate change” were not uttered during any of the three presidential debates between Mr. Obama and Mitt Romney.

The secretaries of the interior and energy — portfolios where green leadership is seen as important — are being replaced. The head of the Environmental Protection Agency, Lisa Jackson, announced her resignation late last year.

Despite the President’s recent emphatic address to the nation, critics point out that his speech was short on details. And for many of the organizers of yesterday’s rally, the fact that the President did not mention the controversial Keystone XL pipeline — a pipeline that is to bring crude oil from Canada to Texas refineries — was a warning sign.

At the rally on the National Mall, activists from the ‘Backbone Campaign’ carried a 70-foot model of a spine, with an anti-Keystone XL pipeline message painted on the side, imploring the President to stand strong against the project.

As my colleagues John M. Broder, Clifford Krauss and Ian Austen reported, the Keystone XL pipeline issue is particularly thorny for Mr. Obama because the project is so detested by environmentalists, but supported by so many other players, including the government of Canada, one of the United States’ most important trading partners.

On Thursday, the House of Representatives passed an energy bill that would allow Congress, rather than the White House, to issue a permit for the Keystone XL pipeline. The President had put plans for the pipeline on hold temporarily.

On the same day in the Senate, several senators co-sponsored legislation for a carbon tax program that would finance clean-energy projects, in a move largely seen as symbolic because of the legislation’s scant chance of passing either house of Congress.

Partially due to recent extreme weather events, the issue of climate change is once more at the forefront of American politics. A survey carried out by the League of Conservation voters found that 65 percent of American voters were in favor of “the President taking significant steps to address climate change now.”

“Twenty years from now on President’s Day, people will want to know what the President did in the face of rising sea levels, record droughts and furious storms brought on by climate disruption,” said Michael Brune, head of the Sierra Club, an environmental organization that helped organized Sunday’s rally.

A man dressed as the grim reaper held a sign that read: “the only steady job on a dying planet will be mine.”

While no official attendance numbers were recorded, participating organizations estimated that more than 35,000 people attended. On its Facebook page, 350.org claimed that 50,000 protesters took part in the event.

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Mindy McCready's Ex 'Not Shocked' by Her Suicide















02/18/2013 at 08:20 AM EST



Mindy McCready's ex-boyfriend and the father of her 6-year-old son said Monday morning that he wasn't surprised when he heard that the troubled country singer had apparently taken her own life.

"As sad as it is, it didn't come as a major shock," Billy McKnight told the Today show. "She's just been battling demons for so long."

He added, "I was around her when she attempted suicide twice, so I knew it was in her."

Cleburne County, Arkansas, sheriff's deputies responded to a report of gunshots Sunday at 3:31 p.m. and discovered McCready's body on the front porch of her Heber Springs house. Neighbors reportedly had heard two shots, and the deputies found dead at the scene McCready's dog and the singer herself.

"The demons that she hasn't beaten were there," McKnight said of McCready, 37, who had battled substance abuse.

Following last month's death of her fiancé David Wilson, which is currently under investigation as either a suicide or a murder, the courts ordered McCready to be institutionalized.

Asked on Today if she might have been released too early, McKnight said he knew McCready could talk her way out of anything.

"I feel for her mother and her family and especially my son," said McKnight, whose boy, Zander, was the subject of a bitter and prolonged custody battle with McCready.

After the death of Wilson, Zander and his 10-month-old half-brother, Zayne, whose father was Wilson, were placed in foster care, where they remain. McKnight said that he wants his son returned to him: "He needs to come home."

As for the other child, "I don't know what is going to happen to Zayne," he said.

Mindy McCready's Ex 'Not Shocked' by Her Suicide| Death, Mindy Mccready

Zander and Billy McKnight, summer 2011

Courtesy Billy McKnight

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