Wall Street extends losses; Nasdaq off one percent

DEAR ABBY: My boyfriend, "Doug" (24), and I (22) have been in a long-distance relationship for a year, but we were friends for a couple of years before that. I had never had a serious relationship before and lacked experience. Doug has not only been in two other long-term relationships, but has had sex with more than 15 women. One of them is an amateur porn actress.I knew about this, but it didn't bother me until recently. Doug had a party, and while he was drunk he told one of his buddies -- in front of me -- that he should watch a certain porn film starring his ex-girlfriend. ...
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Russian Mother of Adopted Boy Who Died in U.S. Wants His Brother Back





MOSCOW — The Russian mother of two young boys who were adopted by a Texas couple requested on Wednesday that the younger child be returned to her, after his brother died under unclear circumstances in a case that has given new impetus to a long-running controversy over foreign adoptions.




The older boy, Max Shatto, 3, died in a West Texas hospital in late January. His birth mother, Yulia A. Kuzmina, pleaded with President Vladimir V. Putin in a letter on Wednesday to restore her parental rights concerning the younger boy, Kirill, 2.


Russian social services officers took the children away from Ms. Kuzmina in 2011, when Kirill was an infant, saying that she was unfit to raise them because of alcohol addiction. The American couple, Alan and Laura Shatto of Gardendale, Tex., adopted the two boys from a Russian orphanage late last year. Texas officials have received complaints that Max was physically abused and are investigating his death.


“I am the birth mother of Maksim Kuzmin, murdered in the United States by his adoptive family, the Shattos,” Ms. Kuzmina wrote, referring to Max by his pre-adoptive Russian name. “These people have my second son. I accept my guilt before the children, have found work and have the ability to provide for the child. Help me please, don’t allow the death of my second child, Kirill.”


The case has revived an aggressive campaign in Russia to curb adoptions by foreigners, and particularly by American families. The country banned adoptions of Russian orphans by Americans in late December. Opponents criticized the move, saying Russian authorities were using children for political leverage during a period of tense relations with the United States.


Russian investigators say Ms. Shatto beat Max to death, and count him as one of 20 Russian children who were adopted by American families and then died over the past 20 years. On Wednesday, Russia’s chief investigator said he had opened 11 criminal cases in Russian courts against American parents who were acquitted by American courts in connection with such deaths.


In an interview on Russian state television Wednesday, Ms. Kuzmina said she was returning home from a store with sweets for the children in 2011 when she learned that social services had taken Maksim and Kirill away.


“I am guilty for everything that has happened,” she said through tears during the interview. “Now I want to take him back.”


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6 Things Not to Expect from Sony’s PlayStation Event






Would it be fair to call Sony‘s Manhattan-based Feb. 20 shindig “P-day”? We might as well, what with that PlayStation logo headlining Sony’s “Meeting 2013″ event teaser site — a site that’s now sporting a mini-history of most of the hardware that falls under the renowned moniker’s umbrella.


My memories of the first PlayStation’s earliest days are mixed. Maybe that’s because I was playing the thing months in advance. The guy I worked for — the store manager of a Babbages — paid a shedload of cash for a Japanese import model. He liked to drop it in the store display window, then run the Ridge Racer start screen demo to see how many passerby would stop to gawk, or ask what the heck it was. Remember when video games still had that power over us?






(MORE: The Great Hotmail-to-Outlook.com Transition Begins)


Don’t worry, this isn’t my PlayStation retrospective, which, like yours, could probably fill a book three people want to read. Let’s talk instead about Sony’s ballyhooed Wednesday evening event, 6:00pm ET, where we’re expecting to see the company’s next-gen game system. TIME Tech editor Doug Aamoth is kindly attending in my stead and should have all the details straightaway, and you’ll be able to watch things unfold live courtesy the event site.


I’ve already scribbled down a few lessons I hope Sony’s learned since the PS3′s debut in November 2006, so here’s another list — this one of things I’m not expecting from the event. Like…


…something that isn’t the next PlayStation. We don’t know what we don’t know, to paraphrase Donald Rumsfeld, but the way this typically works is, a company announces it’s holding a major media event, the press speculates irresponsibly, and if that speculation morphs into certainty (as it has in this case), the company typically follows up with some sort of off-the-record denial to recalibrate expectations. Sony’s done nothing to quiet the rumor mill here. In fact you could say it’s poured rocket fuel on the rumormongering with its PlayStation retrospective videos, all but guaranteeing that what we’ll see tomorrow night is the next PlayStation. That said, whether Sony dubs it a “PlayStation 4,” something awful like “PlayStation Orbis,” or just goes with something catchall like “PlayStation,” Apple iPad-style, is anyone’s guess.


…a look at the new console and nothing else. Hardware, schmard-ware, we want software that’s interesting, not just pretty. I don’t expect Sony to go into elaborate detail about the next PlayStation’s backend systems, but I’m predicting (okay, really more hoping) that we’ll see event time given to whatever nifty new ecosystem this thing’s going to live in, including some of its hypothetical features, like game streaming (recall that Sony picked up streaming company Gaikai for about $ 380 million last summer and may be planning to tap that technology in lieu of, say, hardware-based backward compatibility). I know, I’m not a huge fan of game streaming either, but I’d rather hear about stuff like that than how many polygons this thing can shove around.


…much about motion-control. Motion-control’s spotlight moment may have passed, but it’s still pretty young technology. Microsoft‘s seemingly cool but too often clumsy Kinect did well enough off the block (driven, I suspect, mostly by hype), but sales slowed to a crawl by mid-2012. Sony’s more precise PlayStation Move — better received overall by critics — started even slower and never quite caught on. (Sony blames this on a lack of compelling software; I concur.) That said, I’m betting Sony’s going to redouble its motion control efforts, angling the experience more toward casual players, but that we won’t see much (or anything) about this at the event. That’d be fine by me, and shouldn’t be interpreted as the company jumping ship.


…much, if any, talk about pricing. The PlayStation 3 was, by all accounts, way too expensive at launch: $ 500 to $ 600, plus $ 60 a pop for games, plus whatever else you had to buy to get started, say an HDMI cable, which back then could go for upwards of $ 50. Whether you blame Sony for not taking a bigger margin hit (by selling for $ 300 to $ 400 at launch) or simply the hardware design team for overbuilding (some estimates put Sony’s PS3 manufacturing costs at $ 800 per system), the sequel to the bestselling game console in history (Sony’s own PS2) launched with negative momentum and, though it eventually made up for some of that lost time with price cuts, still lags behind the Xbox 360 in worldwide sales today. Early reports are that Sony’s next PlayStation could debut for $ 400, but given how much time there is between now and a probable fall launch timeframe — a timeframe during which manufacturing costs could change — don’t expect Sony to throw out specific numbers.


…a quiet, respectable, Apple-style briefing. This is Sony we’re talking about after all. Like Microsoft, the company doesn’t seem to know how to stage a presser that doesn’t feel like a garish Lady Gaga, WWF, Cirque de Soleil mashup. Speaking of, hopefully the company won’t be as pretentious as Microsoft was with its E3 2010 Project Natal (Kinect) launch, forcing everyone to don creepy cult-like ponchos and watch Cirque performers pull off crazy-cool gymnastics that had nothing to do with the actual technology…sort of like suggesting Taylor Swift is going to come play your house if you buy her new album.


…actual hands-on time. I’m thinking this event is meant to be a tease, a chance to highlight a handful of key system features while showing a few graphics-angled sizzle reels and maybe trotting out a few developers to demo stuff. My guess is Sony’s going to keep its powder dry for E3 2013, where, having hyped the merciful you-know-what out of this thing for months, it’ll pull the curtain all the way back and let us scribble to our heart’s content about what it’s like to actually use the thing. Expect to walk away with more questions than answers when the curtain drops, in other words.


What else might we see? In the “wishful thinking” column you could put a Sony designed and branded PlayStation phone (unlikely), a Sony designed and branded PlayStation tablet (surely not), a PlayStation Vita price cut (probable: Sony just dropped the Japan model’s price) as well as news about new Vita games (or updates on previously announced ones) and maybe even a swan song PlayStation 3 price cut. The irony of Sony announcing a reasonably priced next-gen system while dropping the cost of its original wallet-burner would be sweet indeed.


MORE: From Innovation to Marketing: Understanding Technology Cycles


Gaming News Headlines – Yahoo! News





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Mindy McCready 'Really Loved Her Dog'















02/19/2013 at 03:45 PM EST



When Mindy McCready was found dead on Sunday of an apparent suicide, the country singer was not alone: Her dog, who'd been fatally shot, was by her side.

But a source close to the star tells Fox News that her decision to end the animal's life would "not have been an act of malice."

"Mindy really loved her dog," the friend said. "It would have been more of a case where she just didn't want to leave the dog alone."

The troubled star, whose boyfriend, David Wilson, died of a self-inflicted gunshot wound in January, was reportedly under investigation at the time of her death. Police were concerned about details surrounding Wilson's passing.

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UK patient dies from SARS-like coronavirus


LONDON (AP) — A patient being treated for a mysterious SARS-like virus has died, a British hospital said Tuesday.


Queen Elizabeth Hospital in Birmingham, central England, said the coronavirus victim was also being treated for "a long-term, complex unrelated health problem" and already had a compromised immune system.


A total of 12 people worldwide have been diagnosed with the disease, six of whom have died.


The virus was first identified last year in the Middle East. Most of those infected had traveled to Qatar, Saudi Arabia, Jordan or Pakistan, but the person who just died is believed to have caught it from a relative in Britain, where there have been four confirmed cases.


The new coronavirus is part of a family of viruses that cause ailments including the common cold and SARS. In 2003, a global outbreak of SARS killed about 800 people worldwide.


Health experts still aren't sure exactly how humans are being infected. The new coronavirus is most closely related to a bat virus and scientists are considering whether bats or other animals like goats or camels are a possible source of infection.


Britain's Health Protection Agency has said while it appears the virus can spread from person to person, "the risk of infection in contacts in most circumstances is still considered to be low."


Officials at the World Health Organization said the new virus has probably already spread between humans in some instances. In Saudi Arabia last year, four members of the same family fell ill and two died. And in a cluster of about a dozen people in Jordan, the virus may have spread at a hospital's intensive care unit.


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M&A deals lift shares, suggest value in market

NEW YORK (Reuters) - U.S. stocks rose on Tuesday as this year's ongoing surge of merger activity suggested investors were still finding value in the market even as indexes hover near five-year highs.


Office Depot Inc surged 12.4 percent to $5.15 after a person familiar with the matter said the No. 2 U.S. office supply retailer was in advanced talks to merge with smaller rival OfficeMax Inc , which jumped 22 percent.


News of the potential move came just days after Berkshire Hathaway and a partner agreed to acquire H.J. Heinz Co for $23 billion, and a revised $20 billion takeover of Mexican brewer Grupo Modelo by Anheuser-Busch InBev .


Deal activity has helped equities resist a pullback as investors use dips in stocks as buying opportunities. The S&P is up about 7 percent so far in 2013 and has climbed for the past seven weeks in its longest weekly winning streak since January 2011, though most of the weekly gains have been slim.


"Deals are good for the market," said Frank Lesh, a futures analyst and broker at FuturePath Trading LLC in Chicago. "The fact that they're being done is a positive."


More than $158 billion in deals has been announced so far in 2013, more than double the activity in the same period last year and accounting for 57 percent of global deal volumes, according to Thomson Reuters Deals Intelligence.


The Dow Jones industrial average <.dji> gained 54.19 points, or 0.39 percent, to 14,035.95. The Standard & Poor's 500 Index <.spx> gained 9.66 points, or 0.64 percent, to 1,529.45. The Nasdaq Composite Index <.ixic> gained 13.53 points, or 0.42 percent, to 3,205.56.


Other stocks in the office supplies sector also rose. Larger rival Staples Inc shot up 12.9 percent to $14.61 as the best performer on the S&P 500.


"Equity investors have to be encouraged by M&A since, if the number crunchers are offering large premiums, that shows how much value is still in the market," said Mike Gibbs, co-head of the equity advisory group at Raymond James in Memphis, Tennessee.


On the downside, health insurance stocks tumbled, led by a 6.4 percent drop in Humana Inc to $72.99 after the company said the government's proposed 2014 payment rates for Medicare Advantage participants were lower than expected and would hurt its profit outlook.


UnitedHealth Group lost 1.9 percent to $56.25. The Morgan Stanley healthcare payor index <.hmo> dropped 1.6 percent.


Wall Street's strong start to the year for was fueled by better-than-expected corporate earnings, as well as a compromise by legislators in Washington that temporarily averted automatic spending cuts and tax hikes that are predicted to damage the economy.


The compromise on across-the-board spending cuts postponed the matter until March 1, at which point the cuts take effect. Ahead of the debate over the cuts, known as sequestration, further gains for stocks may be difficult to come by.


"If there's no major contention with sequestration, it looks like stocks are prepared to handle it, but until then we'll probably stay in a consolidation period marked by sideways trading with a slow rate of ascent," said Gibbs.


Economic data showed the NAHB/Wells Fargo Housing Market index unexpectedly edged down to 46 in February from 47 in the prior month as builders faced higher material costs.


According to the Thomson Reuters data through Monday 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 have risen 5.6 percent, according to the data, above a 1.9 percent forecast at the start of the earnings season.


Express Scripts rose 1.7 percent to $56.49 after the pharmacy benefits manager posted fourth-quarter earnings.


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



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At War Blog: Korean War Veteran Is Buried Six Decades After He Disappeared

The passengers aboard Delta Air Lines Flight 2125 didn’t get up when the plane taxied into its gate at Baltimore Washington International Airport earlier this month. They didn’t retrieve their bags from the overhead bins. Instead, they looked out the right side of the aircraft, where an honor guard and black hearse were waiting to escort the remains of Cpl. James R. Hare home, the final portion of a journey that spanned nearly 7,000 miles and six decades.

There was applause as a staff sergeant in dress uniform, who made the trip from Atlanta, headed to the baggage and cargo unloading area. A group of pre-teenagers headed to Washington on a church trip clustered around the plane’s windows, watching the six members of the honor guard come to attention and march over to where a flag-draped coffin was coming down a conveyor belt. Some passengers went inside the terminal, where more people lined up against the windows around the gate, watching as the coffin was placed into the hearse.

Corporal Hare, a native of Cumberland, Md., was 19 when he was reported missing in action on Feb. 13, 1951, near the South Korean town of Hoengsong. Chinese forces had carried out an attack against elements of the United States Army’s Second Infantry Division and South Korean units that resulted in more than 11,000 casualties, according to an Army history. Corporal Hare’s capture and death from malnutrition was reported by an American soldier returned in a 1953 prisoner exchange, the Department of Defense reported. An obituary published in the Cumberland Times-News gave his date of death as April 30, 1953.

The process of identifying Corporal Hare began nearly 20 years ago, when North Korea gave the United States 208 boxes of commingled remains from the Korean War. The process to separate and identify remains can be painstaking and take many years to complete. In Corporal Hare’s case, military forensic scientists used mitochondrial DNA donated by a brother and sister — Corporal Hare was one of 15 children — to help identify him, although the process required additional evidence to positively identify the remains because mitochondrial DNA is not specific to an individual. Often that other evidence can come from documents or research by the Defense Department, which conducts interviews with veterans and has an arrangement with China’s People’s Liberation Army to allow access to archives that may help in the identification of missing service members. Corporal Hare was the sixth missing American soldier to be accounted for in January; five were from the Korean War, and two of those also were among the remains turned over by North Korea two decades ago.

On Feb. 13, 62 years to the day after he was reported missing, Corporal Hare was buried at Wesley Chapel Cemetery in Levels, W.Va., where his parents are also interred.

Derek Willis is an interactive developer for The New York Times, based in Washington, D.C., where he builds Web applications for nytimes.com. He previously worked as a Congressional reporter and database editor.

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Google executive promises ‘insanely great cameras’ on next-gen Nexus phones






The cameras on Google’s (GOOG) line of Nexus smartphones have consistently performed worse than the competition. Some have said the default Android image processing software is at fault, while others have suggested low-end sensors are to blame. Google’s smartphones, nevertheless, cannot compete with Apple’s (AAPL) iPhone, HTC’s (2498) DROID DNA or Samsung’s (005930) Galaxy S III when it comes to photo quality. Things may be about to change, however.


[More from BGR: Broadband ISPs put to the test: Real data speeds vs. advertised speeds charted by FCC]






Vic Gundotra, Google’s senior vice president of engineering, revealed that the company is “committed to making Nexus phones [with] insanely great cameras,” adding “just you wait and see.”


[More from BGR: Best Buy makes online price-matching policy permanent]


It is thought that the executive’s comments were related to Google’s upcoming flagship smartphone. The company is rumored to be working on a device with Motorola, codenamed X Phone, that is said to include revolutionary new features. The handset is expected to debut in May at the company’s annual I/O Developer Conference and will reportedly be equipped with a high-end rear camera, long battery life and a flexible display.


This article was originally published on BGR.com


Wireless News Headlines – Yahoo! News




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Michelle Williams: Matilda Loved Being On Oz Set With Me




Celebrity Baby Blog





02/15/2013 at 04:00 PM ET



Michelle Williams Matilda Oz The Great and Powerful Premiere
Jordan Strauss/Invision/AP


Michelle Williams‘ daughter Matilda Rose has yet to see her mom’s latest movie, but she’s already giving the film two thumbs up.


“She’s dying to see it. She’s very excited,” the Oz The Great and Powerful star, 32, told PEOPLE during its Wednesday premiere in Hollywood.


“[Director Sam Raimi] really welcomed her on set and he made a very kid-friendly space. She witnessed so much of it being made so she’s really excited to see it come together.”


An avid fan of the original The Wizard of Oz, the 7-year-old has been known to skip over the scarier scenes — “She runs out of the room when … the baboons start to fly,” says Williams — but promises to be brave for the newest flick.



“She said, ‘Mommy, don’t worry, I won’t be scared because I know how everything happens,” says the actress.


However, the cultured little girl doesn’t limit her film intake to only kid-oriented movies.


“She’s very open. Her interests are kind of broad,” says Williams. “She’ll watch a black and white movie and that’s fine with her.”


– Anya Leon with reporting by Scott Huver


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Study: Better TV might improve kids' behavior


SEATTLE (AP) — Teaching parents to switch channels from violent shows to educational TV can improve preschoolers' behavior, even without getting them to watch less, a study found.


The results were modest and faded over time, but may hold promise for finding ways to help young children avoid aggressive, violent behavior, the study authors and other doctors said.


"It's not just about turning off the television. It's about changing the channel. What children watch is as important as how much they watch," said lead author Dr. Dimitri Christakis, a pediatrician and researcher at Seattle Children's Research Institute.


The research was to be published online Monday by the journal Pediatrics.


The study involved 565 Seattle parents, who periodically filled out TV-watching diaries and questionnaires measuring their child's behavior.


Half were coached for six months on getting their 3-to-5-year-old kids to watch shows like "Sesame Street" and "Dora the Explorer" rather than more violent programs like "Power Rangers." The results were compared with kids whose parents who got advice on healthy eating instead.


At six months, children in both groups showed improved behavior, but there was a little bit more improvement in the group that was coached on their TV watching.


By one year, there was no meaningful difference between the two groups overall. Low-income boys appeared to get the most short-term benefit.


"That's important because they are at the greatest risk, both for being perpetrators of aggression in real life, but also being victims of aggression," Christakis said.


The study has some flaws. The parents weren't told the purpose of the study, but the authors concede they probably figured it out and that might have affected the results.


Before the study, the children averaged about 1½ hours of TV, video and computer game watching a day, with violent content making up about a quarter of that time. By the end of the study, that increased by up to 10 minutes. Those in the TV coaching group increased their time with positive shows; the healthy eating group watched more violent TV.


Nancy Jensen, who took part with her now 6-year-old daughter, said the study was a wake-up call.


"I didn't realize how much Elizabeth was watching and how much she was watching on her own," she said.


Jensen said her daughter's behavior improved after making changes, and she continues to control what Elizabeth and her 2-year-old brother, Joe, watch. She also decided to replace most of Elizabeth's TV time with games, art and outdoor fun.


During a recent visit to their Seattle home, the children seemed more interested in playing with blocks and running around outside than watching TV.


Another researcher who was not involved in this study but also focuses his work on kids and television commended Christakis for taking a look at the influence of positive TV programs, instead of focusing on the impact of violent TV.


"I think it's fabulous that people are looking on the positive side. Because no one's going to stop watching TV, we have to have viable alternatives for kids," said Dr. Michael Rich, director of the Center on Media and Child Health at Children's Hospital Boston.


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Online:


Pediatrics: http://www.pediatrics.org


___


Contact AP Writer Donna Blankinship through Twitter (at)dgblankinship


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