Stock futures flat ahead of Wells Fargo earnings


NEW YORK (Reuters) - Stock index futures were little changed on Friday, a day after the S&P 500 hit a five-year high and ahead of earnings from Wells Fargo, the first big bank to report this season.


The Japanese government approved a massive $117 billion of spending to revive the economy in the biggest stimulus since the financial crisis, a move that boosted optimism about the global outlook.


Basic materials shares could be hurt after China's annual consumer inflation rate picked up to a seven-month high, narrowing the scope for the central bank to boost the economy by easing monetary policy.


S&P 500 futures dipped 1 point 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 fell 7 points, and Nasdaq 100 futures added 1 point.


American Express said it would cut about 5,400 jobs, or 8.5 percent of its workforce, as it restructures its business and pays legal bills.


Boeing's 787 Dreamliner jet suffered a cracked cockpit window and an oil leak on separate flights in Japan on Friday - the latest in a series of incidents to test confidence in the new aircraft. Shares fell 1.4 percent to $76 in premarket trading.


Best Buy shares fell 1.7 percent to $12.00 in premarket trading after it reported flat holiday sales at established U.S. stores.


The U.S. Commerce Department releases November international trade figures at 8:30 a.m. ET (1330 GMT). Economists in a Reuters poll expect a trade deficit of $41.3 billion in November against a gap of $42.24 billion in October.


At the same time, the Labor Department releases import-export prices for December. Economists forecast a 0.1 percent rise in imports and an unchanged reading for exports.


Federal Reserve Bank of Philadelphia President Charles Plosser speaks on the economic outlook before the New Jersey Economic Leadership Forum at 9:30 a.m. ET (1430 GMT).


(Reporting by Rodrigo Campos; Editing by Bernadette Baum)



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Top Kurdish Militant Is Among Three Slain in Paris


Thomas Samson/Agence France-Presse — Getty Images


Members of the Kurdish community in France protested on Thursday near the institute in Paris where three Kurdish women were found killed.







PARIS — Three Kurdish women, including a founding member of a leading militant group fighting for autonomy in Turkey, were shot to death at a Kurdish institute in central Paris, police officials said on Thursday, potentially jeopardize fragile efforts to negotiate a cease-fire in the decades-old conflict.




News reports identified one of the women as Sakine Cansiz, a founder of the Kurdistan Workers’ Party, known by the initials P.K.K. Another was identified as Fidan Dogan, the head of the institute and a representative of the Kurdistan National Committee. The third woman was Leyla Soylemez, a youthful Kurdish activist.


The women’s bodies were discovered shortly before 2 a.m. on Thursday, according to Agnès Thibault-Lecuivre, a spokeswoman for the Paris prosecutor’s office, and the antiterror department of the prosecutor’s office will oversee the investigation.


“No hypothesis can be excluded at this stage" about the motive for the killing, she said, declining to confirm the identities of the victims.


Earlier, a police official said the circumstances of the killings “could lead to the conclusion that this was an execution but inquiries will determine the precise nature of this drama.” Visiting the institute on Thursday, French Interior Minister Manuel Valls called the killings “intolerable” and said they were “without doubt an execution.”


Berivan Akyol, an employee at the Kurdish Institute of Paris, located in the 10th district of the city near the Gare du Nord railroad station, was quoted as saying the killings — which opened a new chapter in the often murky annals of Kurdish exile life — were “politically motivated.”


While Kurdish militants blamed Turkey, Turkish officials said the women could have been killed because of feuding within the P.K.K. Huseyin Celik, the deputy chairman of the ruling party in Turkey, said the shootings seemed to be part of “an internal feud,” but offered no evidence to support the claim, The Associated Press reported.


Police officials said a murder investigation had been opened. The bodies and three shell casings were found in a room at the institute. The women were all said to hold Turkish passports.


The P.K.K. has been fighting a bitter guerrilla war against the Turkish authorities for almost three decades to reinforce demands for greater autonomy. The conflict has claimed some 40,000 lives. But, recently, Turkish officials have acknowledged that the authorities in Ankara have negotiated a tentative peace plan with the imprisoned P.K.K. leader, Abdullah Ocalan.


Turkey, the United States and the European Union have labeled the P.K.K. a terrorist organization, but sympathy for the group and its goals remains widespread in many towns in Turkey’s rugged southeast.


Restive Kurdish minorities span a broad region embracing areas of Turkey, Syria, Iraq, Iran and parts of the former Soviet Union. Regional turmoil in recent years has emboldened Kurdish separatists inspired by the example of Iraqi Kurds who control an autonomous zone. Turkey also fears that the civil war in neighboring Syria could strengthen the separatist yearnings of Kurds there, feeding Kurdish activism in Turkey.


The killings, which apparently took place Wednesday, inspired hundreds of Kurdish exiles to gather outside the institute onb Thursday, chanting “We are all P.K.K.” and accusing Turkey of assassinating the three women, abetted by the French president, François Hollande.


The bodies were first discovered in the early hours of Thursday by Kurdish exiles who had become concerned about the whereabouts of the women.


  The victims had been alone in the building on Wednesday and could not be reached by telephone in the late afternoon, according to Leon Edart, who manages the center. Mr. Edart, speaking to French reporters, suggested the victims may have opened the door to their killer or killers.


An organization called the Federation of Kurdish Associations in France, representing many of the estimated 150,000 Kurdish exiles in the country, said in a statement that the women might have been killed on Wednesday afternoon with weapons equipped with silencers.


Scott Sayare reported from Paris, Alan Cowell from London and Sebnem Arsu from Istanbul.



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Could Alex Jones’s “revolution” actually happen?






Piers Morgan had it easy. Radio show host and author Alex Jones threatened the rest of us with a ”revolution” if the government decides to confiscate guns from the homes and glove compartments of law-abiding Americans. It’s almost too easy to dismiss Jones as a fringe figure, especially since fringe ideas make their way into the mainstream with (exciting? alarming?) frequency these days. So let’s take him seriously.


Let’s accept his premise. Actually, let’s dismiss it first but then turn around and accept it for the sake of argument. The government has not the means nor the mechanism nor the credibility to confiscate 100,000 guns, much less 600,000,000. And those in the government doing the confiscating would be neighbors and relatives of the confiscatory victims: police officers, national guard members, Army reservists. Of course, Jones might say that their intent is bad enough. But “they” — the Obama administration, I assume — have no such intentions, and never did.






But OK. Let’s say that the government tries to confiscate guns and “the people” attempt to revolt.  No doubt that civil disobedience can spring up rather spontaneously and even be organized very quickly, but if rioting were to somehow break out in American cities, it would be isolated and theoretically containable. Organizing a “revolt” would require extensive planning, including the massive transportation of citizens from their homes to wherever the rally points were, a communications infrastructure, and leaders. The same Open Source culture that would make it difficult for the government to plan a confiscation in secret makes it just as unlikely for citizens to plan a feasible response to that confiscation in secret.


One of Jones’s obsessions, which, I confess, I share, is the militarization of the American homeland, and he is not promulgating a conspiracy here. The military has expanded its presence on American soil, and crucially, has expanded the way it is organized to respond to mass contingency events of any kind, including natural disasters and rioting. The U.S. Northern Command does receive intelligence briefings about domestic disturbances from the FBI and DHS, so commanders would be somewhat prepared to deploy troops. Thousands would come from the standing Army, but the bulk would be drawn from state National Guard detachments. It is exceedingly difficult to picture weekend warriors following blind orders en masse to detain or harm U.S. citizens when local police resources are stretched. The government has the power of command and control, but the people have the power of fellow-feeling. The government’s response to any real revolt would probably be quite restrained. There’d be too much attention paid to every movement of every tank to act harshly. The strategy to contain any “revolt” might therefore depend on a period of people letting out their energies and then returning to their normal business. 


Ah, but what if the government controls the communication nodes?  Well, corporations do; I assume Jones would have them immediately bend to a secret executive order shutting down serves and clouds and services like Twitter, but even if corporations agreed to do this, together, it would take days to get even a fraction of the telecom infrastructure offline. Maybe the government would order a mass power outage. But that’s why so many Americans have generators in the first place!  Although government “boards” comprising major telecom and infrastructure executives do exist, the most they’ve ever contemplated doing is to shut down a narrow slice of an infected communications node. These days, they’re focused on the cyber threat.  In the early days of civil defense planning, when there were a few television networks an AT&T had its monopoly, the threat of a government takeover of TV, radio and telephones was technically feasible. Today it is not. Actually, it does not make sense. What’s turned on really cannot be turned off.


But wait. if Jones’s “revolution” is to succeed, he needs to take over the government, because he’d need to dominate communications as well, unless he assumes that his movement would be organic and immune to arguments from elected officials asking for stability and calm.


An objective of anyone who wants to take over the government would be a seizure of the Emergency Broadcast System, which allows the President to speak to the nation through almost any mechanism of communication at any time. The EBS lives at Mt. Weather, the massive FEMA bunker in Virginia, but it can be activated and controlled from at least a dozen other places, including the briefcase of the Emergency Actions officer who travels with the President.  A coordinated violent action to seize control of this key portal would require an incredible amount of prior planning.


Assuming even that the government’s response to isolated-turned-mass rioting is uneven, the President would be able to address Americans anytime he wants. In theory, Jones’s followers could try to take over every broadcast entity in America, or could try and jam the broadcasts using sophisticated electronic warfare technology available to the military, but once again, the practicalities are not possible.


Because there will be no revolt over gun control, because there will not be and cannot be a mass confiscation of guns, playing with these ideas is fanciful and fodder for a sequel to Seven Days in May. Heck, we haven’t even addressed the FEMA concentration camps (which don’t exist).  But that isn’t to say that nothing discussed above will ever be relevant. It is much easier to imagine a small-scale revolt, a series of pre-planned violent protests against the powers that be, perhaps because the political system seems so non-responsive to the worries of people who listen to Alex Jones.  It would not take much to make Americans nervous about the government’s ability to restore law and order. And that frission itself is probably the most unknowable of all these factors.


Patriotic citizens aren’t supposed to speculate about these extremely unlikely events, but the government certainly thinks about them. So maybe we should too.


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Whoa! Check Out Taylor Swift’s Sexy Breakover!







Style News Now





01/09/2013 at 09:30 PM ET











Taylor Swift
Steve Granitz/WireImage


Don’t worry about changing your relationship status on Facebook, Taylor, since this dress sends the message loud and clear.


For her first official appearance after breaking up with One Direction’s Harry Styles, the newly single star showed a side of her we’ve never seen at the People’s Choice Awards in L.A. on Tuesday night.


Clad in a plunging white gown with cap sleeves, plus turquoise danglers and an intense smoky eye, Swift created quite a buzz when she hit the red carpet.


PHOTOS: SEE MORE PEOPLE’S CHOICE AWARDS RED CARPET STYLE!


Swift has been venturing away from her signature sparkly princess dresses and taking more fashion risks lately, but this is her most revealing look yet.


Now if only she could stay sans boyfriend long enough to keep up this sexy style streak … Tell us: Do you like Swift’s hot new look?


–Jennifer Cress


RELATED: TAYLOR SWIFT GETS KANYE’D … AGAIN!




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Retooling Pap test to spot more kinds of cancer


WASHINGTON (AP) — For years, doctors have lamented that there's no Pap test for deadly ovarian cancer. Wednesday, scientists reported encouraging signs that one day, there might be.


Researchers are trying to retool the Pap, a test for cervical cancer that millions of women get, so that it could spot early signs of other gynecologic cancers, too.


How? It turns out that cells can flake off of tumors in the ovaries or the lining of the uterus, and float down to rest in the cervix, where Pap tests are performed. These cells are too rare to recognize under the microscope. But researchers from Johns Hopkins University used some sophisticated DNA testing on the Pap samples to uncover the evidence — gene mutations that show cancer is present.


In a pilot study, they analyzed Pap smears from 46 women who already were diagnosed with either ovarian or endometrial cancer. The new technique found all the endometrial cancers and 41 percent of the ovarian tumors, the team reported Wednesday in the journal Science Translational Medicine.


This is very early-stage research, and women shouldn't expect any change in their routine Paps. It will take years of additional testing to prove if the so-called PapGene technique really could work as a screening tool, used to spot cancer in women who thought they were healthy.


"Now the hard work begins," said Hopkins oncologist Dr. Luis Diaz, whose team is collecting hundreds of additional Pap samples for more study and is exploring ways to enhance the detection of ovarian cancer.


But if it ultimately pans out, "the neat part about this is, the patient won't feel anything different," and the Pap wouldn't be performed differently, Diaz added. The extra work would come in a lab.


The gene-based technique marks a new approach toward cancer screening, and specialists are watching closely.


"This is very encouraging, and it shows great potential," said American Cancer Society genetics expert Michael Melner.


"We are a long way from being able to see any impact on our patients," cautioned Dr. Shannon Westin of the University of Texas MD Anderson Cancer Center. She reviewed the research in an accompanying editorial, and said the ovarian cancer detection would need improvement if the test is to work.


But she noted that ovarian cancer has poor survival rates because it's rarely caught early. "If this screening test could identify ovarian cancer at an early stage, there would be a profound impact on patient outcomes and mortality," Westin said.


More than 22,000 U.S. women are diagnosed with ovarian cancer each year, and more than 15,000 die. Symptoms such as pain and bloating seldom are obvious until the cancer is more advanced, and numerous attempts at screening tests have failed.


Endometrial cancer affects about 47,000 women a year, and kills about 8,000. There is no screening test for it either, but most women are diagnosed early because of postmenopausal bleeding.


The Hopkins research piggybacks on one of the most successful cancer screening tools, the Pap, and a newer technology used along with it. With a standard Pap, a little brush scrapes off cells from the cervix, which are stored in a vial to examine for signs of cervical cancer. Today, many women's Paps undergo an additional DNA-based test to see if they harbor the HPV virus, which can spur cervical cancer.


So the Hopkins team, funded largely by cancer advocacy groups, decided to look for DNA evidence of other gynecologic tumors. It developed a method to rapidly screen the Pap samples for those mutations using standard genetics equipment that Diaz said wouldn't add much to the cost of a Pap-plus-HPV test. He said the technique could detect both early-stage and more advanced tumors. Importantly, tests of Paps from 14 healthy women turned up no false alarms.


The endometrial cancers may have been easier to find because cells from those tumors don't have as far to travel as ovarian cancer cells, Diaz said. Researchers will study whether inserting the Pap brush deeper, testing during different times of the menstrual cycle, or other factors might improve detection of ovarian cancer.


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US STOCKS-Futures gain as China data points to growth


NEW YORK (Reuters) - U.S. stock index futures rose on Thursday, alongside other risk assets, as stronger-than-expected exports in the world's second-biggest economy, China, raised hopes for a more robust recovery in the global economy this year.


Data showed China's export growth rebounded sharply to a seven-month high in December, a strong finish to the year after seven straight quarters of slowdown, even as demand from Europe and the United States remained subdued.


Adding to the bullish sentiment, Spanish benchmark government bond yields fell below 5 percent to a 10-month low on the back of a strong bond auction that raised more than the target amount.


S&P 500 futures rose 3.5 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 rose 25 points, and Nasdaq 100 futures added 5 points.


Traders will also focus on the Labor Department release of first-time claims for jobless benefits for the latest week at 8:30 a.m. ET (1330 GMT). Economists in a Reuters survey forecast a total of 365,000 new filings compared with 372,000 in the prior week.


The Commerce Department releases wholesale inventories for November at 10:00 a.m. ET (1500 GMT). Economists expect inventories to rise 0.3 percent, against a 0.6 percent increase in October.


Shares of Duke Realty Corp fell 4 percent in premarket trading after the company announced late on Wednesday an offering of 30 million shares.


(Reporting by Rodrigo Campos; Editing by Bernadette Baum)



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In Old Taliban Strongholds, Qualms on What Lies Ahead





LOY BAGH, Afghanistan — The battle against the Taliban in Helmand Province was so fierce two years ago that farmers here say there were some fields where virtually every ear of corn had a bullet in it.




Now it is peaceful enough that safety concerns were an afterthought during this year’s harvest. In districts of Helmand like Marja and Nad Ali that used to be Taliban strongholds, life has been transformed by the American troop surge that brought in tens of thousands of Marines three years ago. Over several recent days, a reporter was able to drive securely to places that in the past had been perilous without a military escort, and many of the roads were better paved, too.


So why, then, was it so difficult to find an optimist in Helmand Province?


In conversations with dozens of tribal elders, farmers, teachers and provincial officials, three factors loomed large: dissatisfaction with the Afghan government, the imminent departure of Western troops and recognition that the Taliban are likely to return. Few expressed much faith in the ability of the Afghan government and security forces to maintain the security gains won by the huge American and British military effort here.


Although some people said they believed that areas near the provincial capital would remain secure, beyond that there was little confidence, and many voiced worries that much of the province would drift back under Taliban control after the NATO combat mission ends in 2014.


Even now, with at least 6,500 Marines still in Helmand after a peak of 21,000 troops last year in Helmand and neighboring Nimroz Provinces, local people say the Taliban have begun “creeping back.” Residents report that threats from nearby militant commanders have increased, and that the Taliban are sending in radical mullahs to preach jihad in the mosques and woo the young and unemployed to their cause.


As fearful as residents may be of a resurgent Taliban, they are also angry at the government for what they see as widespread corruption and hypocrisy. Some of that anger focuses on bribery connected with government services, and some on policies relating to the opium trade, which still thrives here. Helmand is the supplier of more than 40 percent of the world’s opium, according to United Nations statistics, and the poppy crop is still the most profitable one by far. Even farmers who are willing to grow other crops are angry at officials who have eradicated poppy but failed to provide enough help with alternatives. Farmers say some of those same officials profit from the drug trade they profess to be fighting.


“Before the surge, the government in Helmand did not control even a single district,” said Hajji Atiqullah, a leader of the powerful Barakzai tribe in the Nawa district of central Helmand. “They had a presence in the district centers, a very small area, but the Marines cleared many districts, and they expanded the presence of the central government.”


Afghan forces now control his district, he said, but will not be able to hold it unless “the foreigners manage to get rid of corruption in the Afghan government, in the districts and the province levels.”


Local elders fear that many farmers, especially those impoverished by the government’s strict poppy eradication policies, will return to opium cultivation and look to the Taliban or other criminals for protection because the government has not offered them a satisfactory substitute livelihood.


“Before the Marines launched this big offensive, Marja was the center of the opium trade,” said Ahmad Shah, the chairman of the Marja development shura, a group of elders that works with the government to try to bring change here. “Millions and millions of Pakistani rupees were being traded every day in the bazaar. People were so rich that in some years a farmer could afford to buy a car.


“We were part of the eradication efforts by the government, and if they had provided the farmer with compensation, we could have justified our act. But the government failed to provide compensation, and unless it does so, the people will turn against us or join the insurgency and be against development, as they were during the Taliban.”


Part of the government’s rationale for poppy eradication was to starve militants of the opium profits that have been important to their finances. As opium cultivation was pushed away from the centers of the American troop surge, the Taliban made new allies by providing protection for farmers who moved their poppy cultivation to outlying deserts. Over the past few years, militants and opium farmers have increasingly found common cause.


A largely British-financed alternative crop program made significant headway at first in persuading farmers to switch crops, but few farmers could do as well as they had with opium.


Habib Zahori contributed reporting from Kabul, Afghanistan.



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NRA, video game makers to meet with Biden gun task force this week






WASHINGTON (Reuters) – The powerful gun lobby, the National Rifle Association, is slated to meet with Vice President Joe Biden as he considers recommendations on how to respond to a mass shooting last month in Newtown, Connecticut, the White House said on Tuesday.


After the Newtown school shooting, which President Barack Obama called the worst day of his presidency, he asked Biden to come up with a broad range of ideas to curb gun violence – ideas he will unveil in his annual State of the Union address, traditionally given in late January.






Obama has said he wants new gun control measures passed during the first year of his second term, but gun control is a divisive issue in the United States where the right to bear arms is enshrined in the Constitution.


Biden’s task force is examining legislation that would ban assault rifles, but is also looking at the role of violent movies and videogames in mass shootings and whether there is adequate access to mental health services.


Biden and his task force are slated to hold meeting this week with victims of gun violence, gun safety groups, hunting groups, and gun owners, White House spokesman Jay Carney told reporters.


“His group will also meet with representatives of the entertainment and video-game industries,” Carney said.


Health and Human Services Secretary Kathleen Sebelius will meet with mental health and disability advocates, and Education Secretary Arne Duncan is slated to meet with parent, teacher and education groups, Carney said.


The NRA has proposed armed guards in schools, an idea about which Obama has expressed skepticism.


The group’s top lobbyist, James J. Baker, will attend the task force meeting on Thursday, an NRA spokesman said.


“We are sending a representative to hear what they have to say,” NRA spokesman Andrew Arulanandam said in an e-mailed statement.


(Additional reporting by David Ingram; Editing by Sandra Maler and Jackie Frank)


Gaming News Headlines – Yahoo! News





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Brooke Burke-Charvet Reveals Thyroid Cancer Surgery Scar















01/09/2013 at 07:25 AM EST



Brooke Burke-Charvet put on a brave face Tuesday morning, recounting the emotional distress she endured leading up to her thyroidectomy.

Managing to stay smiling, the typically upbeat Dancing with the Stars co-host, 41, told Good Morning America her initial diagnosis was "shocking," adding, "I never thought I'd hear the word 'cancer' in relation to myself. The [thought] in my mind when I [heard the news] is that I'm a mother, I've got four children, I've got a family counting on me."

Burke-Charvet's brood was very supportive of her health condition, but it was especially tough for her older daughter.

"It was in the news, and her friends had to come to her and say, 'Oh, we heard about your mom. We're so sorry,' " Burke-Charvet said. "She cried."

Now healthier, the TV personality has a permanent reminder of that tough time in her life.

"[There's] no makeup [on my scar]," she said, revealing her bare neck. "This is a first for me. I've been scarfing it up."

But a little scarring is now the least of her concerns.

"It's fresh, it's a month old and I think scars tell a story," she said. "And I think I'm so fortunate."

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Report: Death rates from cancer still inching down


WASHINGTON (AP) — Death rates from cancer are continuing to inch down, researchers reported Monday.


Now the question is how to hold onto those gains, and do even better, even as the population gets older and fatter, both risks for developing cancer.


"There has been clear progress," said Dr. Otis Brawley of the American Cancer Society, which compiled the annual cancer report with government and cancer advocacy groups.


But bad diets, lack of physical activity and obesity together wield "incredible forces against this decline in mortality," Brawley said. He warned that over the next decade, that trio could surpass tobacco as the leading cause of cancer in the U.S.


Overall, deaths from cancer began slowly dropping in the 1990s, and Monday's report shows the trend holding. Among men, cancer death rates dropped by 1.8 percent a year between 2000 and 2009, and by 1.4 percent a year among women. The drops are thanks mostly to gains against some of the leading types — lung, colorectal, breast and prostate cancers — because of treatment advances and better screening.


The news isn't all good. Deaths still are rising for certain cancer types including liver, pancreatic and, among men, melanoma, the most serious kind of skin cancer.


Preventing cancer is better than treating it, but when it comes to new cases of cancer, the picture is more complicated.


Cancer incidence is dropping slightly among men, by just over half a percent a year, said the report published by the Journal of the National Cancer Institute. Prostate, lung and colorectal cancers all saw declines.


But for women, earlier drops have leveled off, the report found. That may be due in part to breast cancer. There were decreases in new breast cancer cases about a decade ago, as many women quit using hormone therapy after menopause. Since then, overall breast cancer incidence has plateaued, and rates have increased among black women.


Another problem area: Oral and anal cancers caused by HPV, the sexually transmitted human papillomavirus, are on the rise among both genders. HPV is better known for causing cervical cancer, and a protective vaccine is available. Government figures show just 32 percent of teen girls have received all three doses, fewer than in Canada, Britain and Australia. The vaccine was recommended for U.S. boys about a year ago.


Among children, overall cancer death rates are dropping by 1.8 percent a year, but incidence is continuing to increase by just over half a percent a year. Brawley said it's not clear why.


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