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






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


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






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


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


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


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


Gadgets News Headlines – Yahoo! News




Read More..

The Bachelor Celebrates 25 Seasons






The Bachelor










01/15/2013 at 07:50 PM EST







Sean Lowe and past stars and contestants of The Bachelor


Warner Bros.


Happy anniversary!

The Bachelor's current star, Sean Lowe, was joined by past franchise favorites on Jan. 11 to celebrate 25 seasons of the hit ABC reality dating show.

The Texas hunk clinked glasses at the famed Agoura Hills, Calif., Bachelor mansion with series creator Mike Fleiss and past Bachelorettes Ali Fedotowsky, Trista Sutter, Jillian Harris, DeAnna Pappas and the show's most recent star, Emily Maynard.

Also on hand were former Bachelor Jason Mesnick and his wife, Molly, who is expecting the couple's first child in March, as well as former contestants Courtney Robertson, Michael and Stephen Stagliano, Erica Rose and Casey Shteamer.

Jake Pavelka was also there, though he didn't appear in a group photo (above).

Read More..

Risk to all ages: 100 kids die of flu each year


NEW YORK (AP) — How bad is this flu season, exactly? Look to the children.


Twenty flu-related deaths have been reported in kids so far this winter, one of the worst tolls this early in the year since the government started keeping track in 2004.


But while such a tally is tragic, that does not mean this year will turn out to be unusually bad. Roughly 100 children die in an average flu season, and it's not yet clear the nation will reach that total.


The deaths this year have included a 6-year-old girl in Maine, a 15-year Michigan student who loved robotics, and 6-foot-4 Texas high school senior Max Schwolert, who grew sick in Wisconsin while visiting his grandparents for the holidays.


"He was kind of a gentle giant" whose death has had a huge impact on his hometown of Flower Mound, said Phil Schwolert, the Texas boy's uncle.


Health officials only started tracking pediatric flu deaths nine years ago, after media reports called attention to children's deaths. That was in 2003-04 when the primary flu germ was the same dangerous flu bug as the one dominating this year. It also was an earlier than normal flu season.


The government ultimately received reports of 153 flu-related deaths in children, from 40 states, and most of them had occurred by the beginning of January. But the reporting was scattershot. So in October 2004, the government started requiring all states to report flu-related deaths in kids.


Other things changed, most notably a broad expansion of who should get flu shots. During the terrible 2003-04 season, flu shots were only advised for children ages 6 months to 2 years.


That didn't help 4-year-old Amanda Kanowitz, who one day in late February 2004 came home from preschool with a cough and died less than three days later. Amanda was found dead in her bed that terrible Monday morning, by her mother.


"The worst day of our lives," said her father, Richard Kanowitz, a Manhattan attorney who went on to found a vaccine-promoting group called Families Fighting Flu.


The Centers for Disease Control and Prevention gradually expanded its flu shot guidance, and by 2008 all kids 6 months and older were urged to get the vaccine. As a result, the vaccination rate for kids grew from under 10 percent back then to around 40 percent today.


Flu vaccine is also much more plentiful. Roughly 130 million doses have been distributed this season, compared to 83 million back then. Public education seems to be better, too, Kanowitz observed.


The last unusually bad flu season for children, was 2009-10 — the year of the new swine flu, which hit young people especially hard. As of early January 2010, 236 flu-related deaths of kids had been reported since the previous August.


It's been difficult to compare the current flu season to those of other winters because this one started about a month earlier than usual.


Look at it this way: The nation is currently about five weeks into flu season, as measured by the first time flu case reports cross above a certain threshold. Two years ago, the nation wasn't five weeks into its flu season until early February, and at that point there were 30 pediatric flu deaths — or 10 more than have been reported at about the same point this year. That suggests that when the dust settles, this season may not be as bad as the one only two years ago.


But for some families, it will be remembered as the worst ever.


In Maine, 6-year-old Avery Lane — a first-grader in Benton who had recently received student-of-the-week honors — died in December following a case of the flu, according to press reports. She was Maine's first pediatric flu death in about two years, a Maine health official said.


In Michigan, 15-year-old Joshua Polehna died two weeks ago after suffering flu-like symptoms. The Lake Fenton High School student was the state's fourth pediatric flu death this year, according to published reports.


And in Texas, the town of Flower Mound mourned Schwolert, a healthy, lanky 17-year-old who loved to golf and taught Sunday school at the church where his father was a youth pastor.


Late last month, he and his family drove 16 hours to spend the holidays with his grandparents in Amery, Wis., a small town near the Minnesota state line. Max felt fluish on Christmas Eve, seemed better the next morning but grew worse that night. The family decided to postpone the drive home and took him to a local hospital. He was transferred to a medical center in St. Paul, Minn., where he died on Dec. 29.


He'd been accepted to Oklahoma State University before the Christmas trip. And an acceptance letter from the University of Minnesota arrived in Texas while Max was sick in Minnesota, his uncle said.


Nearly 1,400 people attended a memorial service for Max two weeks ago in Texas.


"He exuded care and love for other people," Phil Schwolert said.


"The bottom line is take care of your kids, be close to your kids," he said.


On average, an estimated 24,000 Americans die each flu season, according to the Centers for Disease Control and Prevention. People who are elderly and with certain chronic health conditions are generally at greatest risk from flu and its complications.


The current vaccine is about 60 percent effective, and is considered the best protection available. Max Schwolert had not been vaccinated, nor had the majority of the other pediatric deaths.


Even if kids are vaccinated, parents should be watchful for unusually severe symptoms, said Lyn Finelli of the CDC.


"If they have influenza-like illness and are lethargic, or not eating, or look punky — or if a parent's intuition is the kid doesn't look right and they're alarmed — they need to call the doctor and take them to the doctor," she advised.


___


CDC advice on kids: http://www.cdc.gov/flu/protect/children.htm


Read More..

Dow, S&P 500 inch up with retailers but Apple drags again

NEW YORK (Reuters) - The Dow and S&P 500 edged higher on Tuesday after stronger-than-expected retail data, though tech heavyweight Apple dragged on the market for a third day.


Apple was the biggest weight on both the S&P 500 and Nasdaq 100 <.ndx> after reports on Monday of cuts to orders for iPhone parts. Shares declined 3.2 percent to $485.92 and closed below $500 for the first time since February.


Retail stocks advanced after a government report showing retail sales rose more than expected in December was seen as a favorable sign for fourth-quarter growth. A separate report showed manufacturing activity in New York state contracted for the sixth month in a row in January.


"A little better-than-expected news on retail sales once again reinforces that the consumer remains alive and reasonably well," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia, which manages about $54 billion in assets.


Among retailers, American Eagle Outfitters Inc gained 4.8 percent to $20.58 and Gap Inc rose 3.4 percent to $32.46. The Morgan Stanley retail index <.mvr> advanced 1.5 percent.


Express Inc surged 23.8 percent to $17.40 after the apparel retailer raised its fourth-quarter and full year 2012 outlook.


The Dow Jones industrial average <.dji> was up 27.57 points, or 0.20 percent, at 13,534.89. The Standard & Poor's 500 Index <.spx> was up 1.66 points, or 0.11 percent, at 1,472.34. The Nasdaq Composite Index <.ixic> was down 6.72 points, or 0.22 percent, at 3,110.78.


Apple's stock has lost about 7 percent in the last three sessions and is down 8.7 percent since the start of the year.


"It's tough to discern exactly what's putting the pressure on it. But at the end of the day, its influence, considering it's still 3 1/2 to 4 percent of the S&P 500 index, is being felt," Luschini said.


"I attribute (it) to just some of the bloom coming off of the rose. They haven't necessarily done anything wrong, as much as others have caught up."


Also keeping investors on edge is the looming debt ceiling debate. On Monday, President Barack Obama rejected any negotiations with Republicans over raising the U.S. debt ceiling. The United States could default on its debt if Congress does not increase the borrowing limit.


Resolving the debt ceiling is more a question of how than if. Investors don't expect a U.S. default, but they are also wary of another eleventh-hour agreement like the one in August 2011.


An expected lackluster earnings season, too, kept investors from taking aggressive bets. Analyst estimates for the quarter have fallen sharply since October. S&P 500 earnings growth is now seen up just 1.8 percent from a year ago, Thomson Reuters data showed.


Homebuilder Lennar reported a sharp rise in quarterly profit, but the stock declined 0.8 percent to $40.68 on worries that growth in orders was slowing.


Dell Inc shares added to Monday's gains, ending up 7.2 percent to $13.17 after sources said talks to take the computer maker private are in an advanced stage.


On the down side, shares of Facebook dropped 2.7 percent to $30.10. The company unveiled a "graph search" feature that CEO Mark Zuckerberg said would help its billion-plus users sort through content within the social network and its content feeds.


Volume was roughly 5.8 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion.


Advancers outpaced decliners on the NYSE by about 17 to 12 and on the Nasdaq by about 13 to 11.


(Additional reporting by Chuck Mikolajczak; Editing by Kenneth Barry and Nick Zieminski)



Read More..

Cholula Journal: Looting of Cholula Churches Stirs Locals to Action





CHOLULA, Mexico — Three men, field laborers by day, huddle on a bench as night descends, a mess of empty bottles of hard liquor strewn nearby. Another man gets a refresher on how to ring the bell in case of emergency. One listens attentively to orders from their leader.




It is time to guard the churches of Cholula.


A small, picturesque city 80 miles southeast of Mexico City, Cholula is said to have a church for every day of the year. There are, in reality, about 80 in all, many dating to the 17th century and filled with paintings and sculptures from that time. It is enough to draw hordes of worshipers — and thieves.


At the Church of Santa María Acuexcomac, an imposing golden frame hangs on the wall by the entrance, empty except for the jagged edges of the canvas where thieves plunged their knives. Angel-shaped shadows, etched by years of sunlight, now appear eerily on walls where sculptures have been snatched, haunting the altar like ghosts.


Theft of religious art is not new here, but an elaborate robbery last October — at least a dozen images were taken, some with the help of scaffolding — left the community on edge.


Add in the increase in gang activity throughout town, and the largely unresponsive and underequipped authorities, and the citizens here, known for their religious fervor, have come up with a grass-roots response: to increase vigilance themselves.


A human surveillance system for churches has been in place in Cholula since colonial times, but as thefts have increased in scope, some churches have doubled up on volunteers, added night shifts and armed their protectors.


“It went from being a tranquil town to entirely the opposite,” said Rufino Arenas, squinting down at a notebook with bell-ringing instructions. He had been living and working in Mexico City but came back at the beginning of January to help protect Santa María Acuexcomac, his childhood church.


Fidela Quia Torres, a stout woman with dark, narrow eyes, has been volunteering at the church during the day. She watches church visitors for suspicious behavior, like picture taking, out of concerns that the photographs will be compiled into a catalog for art traffickers.


In the nearby Church of the Santísima Trinidad, which was almost completely pillaged in 2008, Herminio Toxqui has moved his family into a tiny room behind the altar with two mattresses and a rickety dining table, leaving him ready to ring the bell and summon help from the community at any time if he detects suspicious activity.


And in the Church of San Gregorio Zacapechpan, looted in 2010, mandatory shifts for all able-bodied men in the neighborhood have been put into effect. They are expected to show up ready for battle with armed bandits.


“People know that when they come for a watch, they bring their own weapons,” said the Rev. Patricio Solís Soriano, the church priest.


Even migrants from Cholula living in the United States, typically in Illinois and New York, have gotten involved in community protection efforts. After a handful of paintings that may have been 400 years old were stolen, a group of expatriates in the United States organized a fund-raiser. They bought and sent video cameras that almost successfully blend in with the gold-trimmed arches in San Gregorio Zacapechpan.


Still, the citizen efforts can seem haphazard and disorganized. In several of the churches that have set up closed-circuit camera systems, including San Gregorio Zacapechpan, no one seems to know who has the key to the monitoring center, or sometimes even where these rooms are located.


In the Church of Santa María Tonanzintla, the crown jewel of Cholula’s churches for its 16th-century indigenous Baroque art, a monitor that receives a continuous feed of images from cameras inside is always on, but it is locked away and blocked by an imposing wooden cabinet, so no one can look at it.


Many community members who have gotten involved in these efforts say they have done so to prove their religious devotion and are unaware of how much the artworks they are guarding are worth.


“Even our great-grandparents didn’t know,” said a woman attending Sunday Mass at Santa María Acuexcomac.


Those involved in the thefts clearly have a better sense of how lucrative a business it is. A group of religious-themed 18th-century paintings by the Mexican artist Miguel Cabrera sold for $362,500 in 2010, according to an online listing by Sotheby’s auction house.


Art experts say that it is impossible to know how many of the Mexican paintings sold abroad are stolen, but that global interest in Mexican art was piqued in the 1990s, after the “Mexico: Splendors of 30 Centuries” exhibit at the Metropolitan Museum of Art in New York.


Clara Bargellini, an art history investigator at the National Autonomous University of Mexico, says there is a particular hunger for this kind of art in the southeastern United States. Last October, United States Immigration and Customs Enforcement returned more than 4,000 pieces of looted cultural artifacts to Mexico, including pieces of pottery dating back 1,500 years.


But efforts by Mexican, American and international authorities to find stolen religious paintings and return them to their original place often fail because few of the artworks have been cataloged.


Despite plans by the National Institute of Anthropology and History and the federal attorney general’s office to create comprehensive catalogs, documentation of this type of art remains incomplete and decentralized.


Volunteers in at least half a dozen churches in Cholula complained that the institute had yet to visit them. Most lack access to computers and cameras to document their art and, in case of theft, aid investigations.


The situation not only has left church walls bare, but has spread gloom and skepticism over once-trusting communities.


“Many times, the thieves are already inside; sometimes they are the same ones that have the key to the church,” said Jorge Segovia, who is in charge of an art-cataloging project for the Archdiocese of Mexico.


Now, when new faces enter most churches here, they stir discomfort and raise alertness, a loss of trust and good will that people here lament. The thieves, churchgoers say, took more than just art.


“They are even stealing our faith,” Mr. Arenas said.


Read More..

Tablet shipments in 2013 could be lower than previously expected









Title Post: Tablet shipments in 2013 could be lower than previously expected
Url Post: http://www.news.fluser.com/tablet-shipments-in-2013-could-be-lower-than-previously-expected/
Link To Post : Tablet shipments in 2013 could be lower than previously expected
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Bachelor Sean Lowe: My Girl Must Love Dogs




For any of the 25 women looking to win over this season's Bachelor, Sean Lowe, here's a tip straight from the source: "The girl I'm dating must be into my dogs," he tells PEOPLE.

The proud pet parent to two pooches, a boxer named Lola and a chocolate Labrador named Ellie, Lowe says, "For so long it's just been me and my two dogs, and I'm certainly not going to replace them with any woman."

Having had both animals for the past six years, the hunk has developed a special bond with the duo – though he admits his quest for love has forced him to make some changes.

"For many years, my dogs would sleep in the bed with me," he says. "I'm a big guy and I've got two good-sized dogs, so it's a full bed. Then I just realized one day, 'Alright, if I get married and a woman's going to join me in the bed, there's not going to be enough room.' I had to break the dogs of the habit of sleeping in the bed."

Luckily for Lowe, the pair have taken to their new accommodations easily.

"They're very intelligent dogs; they pick up on things really quickly," he says. "They learn pretty fast."

To hear more from Sean Lowe – including how his dogs help him navigate the dating world – check out the video above.

Read More..

Hospitals crack down on workers refusing flu shots


CHICAGO (AP) — Patients can refuse a flu shot. Should doctors and nurses have that right, too? That is the thorny question surfacing as U.S. hospitals increasingly crack down on employees who won't get flu shots, with some workers losing their jobs over their refusal.


"Where does it say that I am no longer a patient if I'm a nurse," wondered Carrie Calhoun, a longtime critical care nurse in suburban Chicago who was fired last month after she refused a flu shot.


Hospitals' get-tougher measures coincide with an earlier-than-usual flu season hitting harder than in recent mild seasons. Flu is widespread in most states, and at least 20 children have died.


Most doctors and nurses do get flu shots. But in the past two months, at least 15 nurses and other hospital staffers in four states have been fired for refusing, and several others have resigned, according to affected workers, hospital authorities and published reports.


In Rhode Island, one of three states with tough penalties behind a mandatory vaccine policy for health care workers, more than 1,000 workers recently signed a petition opposing the policy, according to a labor union that has filed suit to end the regulation.


Why would people whose job is to protect sick patients refuse a flu shot? The reasons vary: allergies to flu vaccine, which are rare; religious objections; and skepticism about whether vaccinating health workers will prevent flu in patients.


Dr. Carolyn Bridges, associate director for adult immunization at the federal Centers for Disease Control and Prevention, says the strongest evidence is from studies in nursing homes, linking flu vaccination among health care workers with fewer patient deaths from all causes.


"We would all like to see stronger data," she said. But other evidence shows flu vaccination "significantly decreases" flu cases, she said. "It should work the same in a health care worker versus somebody out in the community."


Cancer nurse Joyce Gingerich is among the skeptics and says her decision to avoid the shot is mostly "a personal thing." She's among seven employees at IU Health Goshen Hospital in northern Indiana who were recently fired for refusing flu shots. Gingerich said she gets other vaccinations but thinks it should be a choice. She opposes "the injustice of being forced to put something in my body."


Medical ethicist Art Caplan says health care workers' ethical obligation to protect patients trumps their individual rights.


"If you don't want to do it, you shouldn't work in that environment," said Caplan, medical ethics chief at New York University's Langone Medical Center. "Patients should demand that their health care provider gets flu shots — and they should ask them."


For some people, flu causes only mild symptoms. But it can also lead to pneumonia, and there are thousands of hospitalizations and deaths each year. The number of deaths has varied in recent decades from about 3,000 to 49,000.


A survey by CDC researchers found that in 2011, more than 400 U.S. hospitals required flu vaccinations for their employees and 29 hospitals fired unvaccinated employees.


At Calhoun's hospital, Alexian Brothers Medical Center in Elk Grove Village, Ill., unvaccinated workers granted exemptions must wear masks and tell patients, "I'm wearing the mask for your safety," Calhoun says. She says that's discriminatory and may make patients want to avoid "the dirty nurse" with the mask.


The hospital justified its vaccination policy in an email, citing the CDC's warning that this year's flu outbreak was "expected to be among the worst in a decade" and noted that Illinois has already been hit especially hard. The mandatory vaccine policy "is consistent with our health system's mission to provide the safest environment possible."


The government recommends flu shots for nearly everyone, starting at age 6 months. Vaccination rates among the general public are generally lower than among health care workers.


According to the most recent federal data, about 63 percent of U.S. health care workers had flu shots as of November. That's up from previous years, but the government wants 90 percent coverage of health care workers by 2020.


The highest rate, about 88 percent, was among pharmacists, followed by doctors at 84 percent, and nurses, 82 percent. Fewer than half of nursing assistants and aides are vaccinated, Bridges said.


Some hospitals have achieved 90 percent but many fall short. A government health advisory panel has urged those below 90 percent to consider a mandatory program.


Also, the accreditation body over hospitals requires them to offer flu vaccines to workers, and those failing to do that and improve vaccination rates could lose accreditation.


Starting this year, the government's Centers for Medicare & Medicaid Services is requiring hospitals to report employees' flu vaccination rates as a means to boost the rates, the CDC's Bridges said. Eventually the data will be posted on the agency's "Hospital Compare" website.


Several leading doctor groups support mandatory flu shots for workers. And the American Medical Association in November endorsed mandatory shots for those with direct patient contact in nursing homes; elderly patients are particularly vulnerable to flu-related complications. The American Nurses Association supports mandates if they're adopted at the state level and affect all hospitals, but also says exceptions should be allowed for medical or religious reasons.


Mandates for vaccinating health care workers against other diseases, including measles, mumps and hepatitis, are widely accepted. But some workers have less faith that flu shots work — partly because there are several types of flu virus that often differ each season and manufacturers must reformulate vaccines to try and match the circulating strains.


While not 100 percent effective, this year's vaccine is a good match, the CDC's Bridges said.


Several states have laws or regulations requiring flu vaccination for health care workers but only three — Arkansas, Maine and Rhode Island — spell out penalties for those who refuse, according to Alexandra Stewart, a George Washington University expert in immunization policy and co-author of a study appearing this month in the journal Vaccine.


Rhode Island's regulation, enacted in December, may be the toughest and is being challenged in court by a health workers union. The rule allows exemptions for religious or medical reasons, but requires unvaccinated workers in contact with patients to wear face masks during flu season. Employees who refuse the masks can be fined $100 and may face a complaint or reprimand for unprofessional conduct that could result in losing their professional license.


Some Rhode Island hospitals post signs announcing that workers wearing masks have not received flu shots. Opponents say the masks violate their health privacy.


"We really strongly support the goal of increasing vaccination rates among health care workers and among the population as a whole," but it should be voluntary, said SEIU Healthcare Employees Union spokesman Chas Walker.


Supporters of health care worker mandates note that to protect public health, courts have endorsed forced vaccination laws affecting the general population during disease outbreaks, and have upheld vaccination requirements for schoolchildren.


Cases involving flu vaccine mandates for health workers have had less success. A 2009 New York state regulation mandating health care worker vaccinations for swine flu and seasonal flu was challenged in court but was later rescinded because of a vaccine shortage. And labor unions have challenged individual hospital mandates enacted without collective bargaining; an appeals court upheld that argument in 2007 in a widely cited case involving Virginia Mason Hospital in Seattle.


Calhoun, the Illinois nurse, says she is unsure of her options.


"Most of the hospitals in my area are all implementing these policies," she said. "This conflict could end the career I have dedicated myself to."


__


Online:


R.I. union lawsuit against mandatory vaccines: http://www.seiu1199ne.org/files/2013/01/FluLawsuitRI.pdf


CDC: http://www.cdc.gov


___


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


Read More..

Apple drags on S&P, Nasdaq; Dell jumps after report

NEW YORK (Reuters) - The S&P 500 and Nasdaq ended lower on Monday as worries over demand for Apple products drove down its shares and investors braced for earnings disappointments.


Running counter to that was Dell Inc's stock which jumped 13 percent to about a five-month high at $12.29 after Bloomberg reported the No. 3 personal computer maker is in talks with private equity firms to go private. Dell's gains offset some tech-sector weakness.


Tech heavyweight Apple lost 3.6 percent to $501.75 and was the biggest weight on both the S&P 500 and Nasdaq 100 <.ndx> indexes after reports the company has cut orders for LCD screens and other parts for the iPhone 5 this quarter due to weak demand. The stock hit a session low of $498.51, the first dip below $500 since February 16.


"With Apple, it seems as if the sentiment has shifted from this being the one stock that everybody wanted to own to people beginning to look at it as a company (whose) business is slowing down somewhat," said Eric Kuby, chief investment officer of North Star Investment Management Corp in Chicago.


Adding to investor unease, fourth-quarter earnings kick into high gear this week. Analyst estimates for the quarter have fallen sharply since October. S&P 500 earnings growth is now seen up just 1.9 percent from a year ago, Thomson Reuters data showed.


The Dow Jones industrial average <.dji> was up 18.89 points, or 0.14 percent, at 13,507.32. The Standard & Poor's 500 Index <.spx> was down 1.37 points, or 0.09 percent, at 1,470.68. The Nasdaq Composite Index <.ixic> was down 8.13 points, or 0.26 percent, at 3,117.50.


Apple suppliers also lost ground, with Cirrus Logic off 9.4 percent at $28.62 and Qualcomm down 1 percent at $64.24.


The Dow fared better than the other two indexes, helped in part by Hewlett-Packard shares, which rose 4.9 percent to $16.95. The stock, up early in the session after JPMorgan upgraded its rating on the shares and raised its price target to $21 from $15, added to gains following the Dell report.


Tech has "become the arena for private equity or other capital-restructuring type of maneuvers because of the way their valuations and their balance sheets are," Kuby said.


Appliance and electronics retailer Hhgregg Inc slumped 5.7 percent to $7.44 after the company cut its same-store sales forecast for the full year.


Earnings reports are due this week from Goldman Sachs , Bank of America , Intel and General Electric , among other companies. Third-quarter reports ended with a gain of just 0.1 percent, the worst for an S&P 500 profit period in three years, according to Thomson Reuters data.


President Barack Obama warned Congress at a news conference on Monday that a refusal to raise the U.S. debt ceiling next month could mean a government shutdown and trigger economic chaos.


S&P futures had little reaction to comments after the bell by Federal Reserve Chairman Ben Bernanke, who urged lawmakers to lift the country's borrowing limit to avoid a debt default.


Volume was roughly 5.6 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion.


Decliners were about even with advancers on the NYSE while decliners outpaced advancers on the Nasdaq by about 12 to 11.


(Additional reporting by Chuck Mikolajczak; Editing by Kenneth Barry, Nick Zieminski and Andrew Hay)



Read More..

Cubans Take Advantage of Day 1 of New Travel Rules





HAVANA — Cubans flocked to immigration offices and travel agencies on Monday, eager to take advantage of a lifting of government travel restrictions that have been in place since Fidel Castro was a dark-bearded firebrand in his 30s.




The new rules eliminate the expensive bureaucratic hurdles long faced by Cubans wishing to go overseas, many of whom know loved ones who lost everything when they emigrated or who left the island in the dead of night on rafts and powerboats.


As of Monday, most Cubans can head for the airport with only a passport, a plane ticket and a visa, if required, from the country they intend to visit.


“We have lived for decades in captivity,” said Marta Rodríguez, 65, a retired office manager who was waiting to pick up a tourist visa from the United States Interests Section in Havana. “It’s a positive move — one they should have taken 50 years ago.”


The reform is not expected to prompt a major exodus, because most countries use entrance visas to control the number of visiting Cubans, and international travel remains way beyond the means of most islanders, who earn state salaries of about $20 per month. There are, of course, Cubans who want to travel from the island and return.


The government says it will continue to limit travel for tens of thousands of Cubans who work in strategic sectors, such as military personnel and scientific workers, as well as those they deem a threat to national security.


How tightly, and for how long, the government will continue to control those sectors’ movements will only become apparent over time, Cubans and outside analysts said. In a development that could signal new government flexibility, Yoani Sanchez, a prominent blogger and activist who says she has been denied an exit visa by the Cuban government at least 19 times in the past, said on Monday that she was one of the first in line at the immigration office and submitted paperwork for a new passport without any problems.


Arturo López-Levy, a Cuban-born academic who left the island 10 years ago and lectures at the University of Denver, said the migration reform was not simply a maneuver to defuse political pressure but a structural shift in the relationship between the island and the diaspora that the government once rejected as traitorous “worms.”


“This is a real change in the way in which the government perceives the relationship between the Cuban population and the outside world,” he said.


At immigration offices, Cubans scrutinized posters clarifying the new rules, stood in line to get new passports and pressed around immigration officials in spearmint-colored uniforms seeking details of what paperwork was now required.


More police were on hand than usual outside immigration offices and near consular offices, particularly the small park near the United States Interests Section — known locally as “the place between life and death” — where Cubans wait each day for appointments with American consular officers.


The Obama administration was watching the developments with interest. “We will see if this is implemented in a very open way and if it means that all Cubans can travel,” said Roberta S. Jacobson, assistant secretary of state for Western Hemisphere affairs, according to The Associated Press.


Despite multiple reports in recent weeks by official Cuban news media, many Cubans seemed unclear about how the new law would work: whether it applied to them, whether they needed a new passport or a special stamp (they do not), how it would work for minors.


Under the old system, most Cubans who applied for an exit permit to travel received it — if they could provide the authorities with an invitation letter from someone in the country they intended to visit — all at a cost of nearly $400.


Caridad Reyes Risse, 69, a retiree who was in line at a downtown travel agency to buy a ticket to visit her daughter in the United States, said she had waited until Monday to avoid that $400 expense.


“The question now is, ‘Will I get a ticket?’ ” she said, gesturing to the gaggles of Cubans that spilled out of the tiny agency.


Ramona María Moreno, 61, a restaurant worker, said that even though most Cubans who sought permission in the past received it, the change had psychological importance.


“It’s the idea you can go,” said Ms. Moreno, who was at an immigration office looking for a list of countries that admit Cubans without a visa. “It’s a freedom that we have never had.”


She acknowledged there were still barriers to travel. “I have no money,” she said with a chuckle.


The news last week that the government would allow members of its jealously guarded medical corps to travel has prompted excitement among doctors who for decades have had to go through a lengthy process to get permission, if they got it at all.


“Everyone is waiting to see what happens,” said Niurka, 45, a doctor who would like to join her family in Miami. Requesting that her last name not be published to avoid riling the authorities, she said she did not believe the tight restrictions on medical professionals would be lifted overnight.


“Still, it gives me hope,” she said.


However the government chose to carry out the new regulations, they signified a new era in Cuba’s relationship with its diaspora and the wider world, said Ms. Rodríguez, the retiree.


“They have realized the island needs to open up to the world,” she said “They can’t go back on this now.”


Read More..