Google moves closer to resolving EU investigation






BRUSSELS (Reuters) – Google has offered to take specific steps to allay competition regulators’ concerns about its business practices, in a major move towards ending a two-year investigation and avoiding billions of dollars in fines.


The European Commission said on Friday it had received detailed proposals from the world’s most popular search engine, which has been under investigation following complaints from more than a dozen companies, including Microsoft, that Google has used its market power to block rivals.






If the commission accepts the proposals under its settlement procedure, it would mean no fine and no finding of wrongdoing against Google.


Companies found to be in breach of EU rules can be fined as much as 10 percent of global turnover, which could mean up to $ 4 billion if there is no satisfactory resolution in Google’s case.


EU Competition Commissioner Joaquin Almunia told Reuters he had received Google’s submission, but declined to give details of the proposal.


“We are analyzing it,” he said.


Google spokesman Al Verney said the group continues to work cooperatively with the commission.


The company ranks first in Internet searching in Europe, with an 82 percent market share, versus 67 percent in the United States, according to research firm comScore.


Lobbying group ICOMP, whose members include complainants Microsoft, Foundem, Hot-map, Streetmap and Nextag, said any solution should include measures ensuring that rivals could compete on a level playing field with Google.


The FairSearch coalition, whose members include online travel agencies and complainants Expedia and TripAdvisor, said a third-party monitor should be appointed to ensure that Google lives up to any promises.


The commission, which acts as competition regulator in the 27-member European Union, is now expected to seek feedback from Google’s rivals and other interested parties, before launching an official market test.


Last month, Google won a major victory when U.S. antitrust regulators ended their investigation, saying the company had not manipulated its web search results to block rivals.


The commission has said Google may have favored its own search services over those of rivals, and copied travel and restaurant reviews from competing sites without permission.


The EU executive is also concerned the company may have put restrictions on advertisers and advertising to prevent them from moving their online campaigns to competing search engines.


(Reporting by Foo Yun Chee; Editing by Rex Merrifield and Hans-Juergen Peters)


Tech News Headlines – Yahoo! News





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Slain School Bus Driver Hailed as Hero After Gunman Demanded Students






True Crime










01/31/2013 at 12:50 PM EST







Law enforcement personnel and driver Charles Poland (inset)


Phil Sears/Landov; Inset: AP


When a gunman boarded a stopped school bus in Midland City, Ala., Tuesday afternoon and demanded that all the young students be turned over to him, bus driver Charles Albert Poland refused. He also took four fatal bullets for the kids – who all, but one, escaped to safety.

In the melee, a 5-year-old kindergartener, whose name is being withheld, was kidnapped and is still being held in an earthen bunker with a man identified as Jimmy Lee Dykes, 65, a 6-foot-tall Navy veteran and retired truck driver, according to the Greenville News.

"Right now the whole town seems like they're just in a mourning stage," Carl McKenzie, a convenience store manager, told station WSFA. "I would go take that child's place if I could, just to get him out of danger."

Law officials describe Dykes as "paranoid and combative," reports the Associated Press. His neighbors echoed those descriptions to the Greenville News.

"As far as we know there is no relation at all" between the boy and his alleged abductor, Michael Senn, a pastor who helped comfort other traumatized children after the attack, told the newspaper. "He just wanted a child for a hostage situation."

Sheriff Wally Olson said there was "no reason to believe that the child has been harmed."

Law enforcement agents, including those from the FBI, are on the rural highway near the alleged gunman's property, with police negotiators trying to win the kindergartener's safe release from the suspect by communicating with him through a PVC pipe leading into the shelter.

State Rep. Steve Clouse, who met with police and the boy's family, said the bunker had electricity, permitting the child to watch TV. The News further reported that police got medicine, a coloring book and crayons to the child.

Mourning a Hero

Poland, a driver for the Dale County Board of Education since 2009, is being described as a cheerful and happy man who loved his job. His wife, Jan Poland, told the Dothan Eagle that every day after work, the two of them would sit in their enclosed porch to drink coffee, watch the sun set, or listen to the rain.

As for the kids he drove every day, “He loved them," she said. "He loved everybody and he was loved."

Poland was so gentle, his local paper said, that it hurt him to have to discipline the unruly kids on his bus – so he never would.

"We are mourning a hero, 66 year-old Charles Poland, who gave his life to protect twenty-one students who are now home safely with their families," Schools Superintendent Donny Bynum said in a statement, reports station WCTV.

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Sex to burn calories? Authors expose obesity myths


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


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


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


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


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


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


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


But some are pretty interesting.


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


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


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


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


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


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


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


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


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


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


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


___


Online:


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


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


___


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


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Wall Street dips on profit taking, Friday data eyed

NEW YORK (Reuters) - Stocks edged lower on Thursday as investors took profit after a mixed bag of economic data, while stellar earnings from Qualcomm helped buoy the Nasdaq.


Even with the retreat, the S&P 500 is on track to post its best month since October 2011 and its best start to a year since 1997.


Investors are expecting a pullback in equities after recent gains, though they have bought on dips over the past four weeks, analysts said. The largest daily decline on the S&P 500 so far in 2013 was Thursday's 0.39 percent drop, after data showed the economy contracted in the last quarter of 2012.


"This is a highly rotational market," said Janelle Nelson, portfolio analyst at RBC Wealth Management in Minneapolis, noting how investors dive into beaten-down sectors on the smallest encouraging news.


Job market data released earlier on Thursday showed mildly positive signs for a still-fragile economy, with jobless claims slightly higher and incomes growing at the best pace since 2004.


Those reports come ahead of Friday's payrolls report, which is expected to show employers added 160,000 jobs in January after an increase of 155,000 in December. Friday will also bring reports on consumer confidence, U.S. manufacturing, construction spending and car sales.


"The market's lack of movement is due in part to the large number of economic releases coming out tomorrow," said Nelson.


Qualcomm Inc gained 4.6 percent to $66.43 as the top boost to the Nasdaq Composite after the world's leading supplier of chips for cellphones beat analysts' expectations for quarterly profit and revenue, and raised its targets for the year.


Facebook Inc lost 2.5 percent to $30.47, a day after the social network company said it doubled its mobile advertising revenue in the fourth quarter. However, growth trailed some of Wall Street's most aggressive estimates.


The Dow Jones industrial average <.dji> fell 34.71 points or 0.25 percent, to 13,875.71; the S&P 500 <.spx> lost 4.04 points or 0.27 percent, to 1,497.92 and the Nasdaq Composite <.ixic> dropped 1.74 points or 0.06 percent, to 3,140.57.


The S&P 500 has advanced 5 percent in January after legislators in Washington temporarily sidestepped a "fiscal cliff" of automatic tax increases and spending cuts that could have derailed the economic recovery, and in the wake of better-than-expected corporate earnings.


United Parcel Service Inc lost 2 percent to $79.63 after reporting fourth-quarter earnings that were below analysts' estimates on Thursday and forecasting weaker-than-expected profit for 2013.


Kirby Corp added 6.6 percent to $70.87 and Ryder Systems Inc climbed 2.9 percent to $55.81 after posting quarterly results.


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


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


WMS Industries Inc surged 52.6 percent to $24.98 after the company agreed to be acquired by Scientific Games Corp for $26 per share in cash. Scientific Games jumped 11.9 percent to $9.99.


(Additional reporting by Chuck Mikolajczak; Editing by Bernadette Baum)



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Hagel Offers Endorsement of U.S. Military Might


Brendan Hoffman for The New York Times


Chuck Hagel arrived for his confirmation hearing before the Senate Armed Services Committee on Thursday.







WASHINGTON — Chuck Hagel, President Obama’s nominee to be secretary of defense, engaged in a sharp exchange with his old friend, Senator John McCain, at the opening of his confirmation hearing on Thursday when Mr. McCain, Republican of Arizona, pressed him on his opposition to the escalation, or surge, of American forces in Iraq in 2007.




Mr. Hagel dodged a direct answer as Mr. McCain asked him repeatedly if history would judge whether Mr. Hagel was right or wrong to oppose the surge in forces when he was a Republican senator from Nebraska. The escalation, along with other major factors, is credited in helping quell the violence in Iraq at the time. When Mr. Hagel said he wanted to explain, Mr. McCain bore in.


“Are you going to answer the question, Senator Hagel, the question is whether you were right or wrong,” Mr. McCain said.


“I’m not going to give you a yes or no answer,” Mr. Hagel replied.


Mr. McCain did not let up.


"I think history has already made a judgment about the surge sir, and you’re on the wrong side of it,” Mr. McCain said, then seemed to threaten that he would not vote for Mr. Hagel if he did not answer the question.


It took the next questioner, Senator Bill Nelson, Democrat of Florida, to draw out Mr. Hagel out on the subject. “I did question the surge,” Mr. Hagel said. “I always asked the question, is this going to be worth the sacrifice?” He said 1,200 American men and women lost their lives in the surge. “I’m not certain it was required,” Mr. Hagel said. “Now, it doesn’t mean I was right.”


Mr. McCain, like many Republicans, was furious at Mr. Hagel’s skepticism about the Iraq War. It led to a falling-out between the two men, both Vietman veterans, that appeared to have been patched up when the two met last week after Mr. Hagel was nominated for the Pentagon job. Mr. McCain described their discussion as a “frank and candid” exchange between two “old friends.”


But Mr. McCain was only one of the Republicans who pressed Mr. Hagel at hearing of the Senate Armed Services Committee.


Before he even made his opening statement, Mr. Hagel faced a blast of objections from the ranking Republican on the committee, Senator James M. Inhofe of Oklahoma, who told Mr. Hagel that he would not vote for him because of his position of “appeasing” America’s adversaries.


“His record demonstrates what I view as a steadfast opposition to policies that diminish U.S. power and influence throughout the world, as well as a recent trend of policy reversals that seem based on political expediency rather than on core beliefs,” Mr. Inhofe said.


But even a reliable yes vote, Senator Carl Levin, the Michigan Democrat who serves as the committee’s chairman, said in his opening statement that Mr. Hagel had made “troubling” statements about Israel and had expressed a willingness to negotiate on Iran on issues that Mr. Levin viewed as nonnegotiable. Mr. Levin said he expected Mr. Hagel to address those issues during the hearing.


Under aggressive but at times disjointed questioning from Mr. Inhofe, Mr. Hagel was asked why he thought the Iranian Foreign Ministry so strongly supported his nomination as defense secretary. Mr. Hagel swiftly replied, “I have a difficult time enough with American politics.” He then said, “I have no idea.”


Under more gentle but persistent questioning from Mr. Levin, Mr. Hagel said that he had voted against some unilateral American sanctions against Iran in 2001 and 2002 because it was a different era. “We were at a different place with Iran at that time,” he said.


Mr. Hagel faltered at one point, saying shortly before noon that he strongly supported the president’s policy on “containment” of Iran. He was quickly handed a note, which he read and then said to correct himself, “Obviously, we don’t have a position on containment.”


At that point Mr. Levin interjected, “We do have a position on containment, which is we do not favor containment.” The Obama administration’s policy on Iran remains prevention of its efforts to obtain nuclear weapons. Iran says its nuclear program is for peaceful purposes.


In his opening statement, Mr. Hagel said that the United States must lead other nations in confronting threats, use all tools of American power in protecting its people and “maintain the strongest military in the world.”


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The 7 most dedicated employees






You probably don’t want to forward this roster of tireless go-getters to your boss


Some people probably feel they deserve a medal for merely getting up and going to work every day, but only a few actually merit one. Take Deborah Ford, for example. This 64-year-old Detroit postal worker, who recently retired, didn’t use a single sick day in all of her 44 years on the job. Not a single one! For doctor’s appointments, she would take vacation days, and when she was feeling lousy she says she would just “shake it off.” At the end of her dedicated career, Ford had amassed a sick-leave balance of 4,508 hours. But before you give her the award for most dedicated employee, check out this lot:






1. Going the distance
Unless you work from home, chances are you endure a less-than-pleasant commute. But none is likely as arduous as that of Dave Givens. In 2006 the Mariposa, Calif., resident earned the unenviable award for “America’s Longest Commute” when tire company Midas set out to find the employee who trekked the most miles to work. From his ranch home in Mariposa, Givens drives 186 miles to his job at Cisco Systems, Inc., in San Jose. The electrical engineer has been making this 372-mile round trip, which equals a total of seven hours of driving, for 17 years. “I have a great job and my family loves the ranch where we live,” Givens said. “So this is the only solution.” His dedication to the horrendous commute earned Givens the grand prize of $ 10,000 and some much-needed gas money as well as an array of Midas maintenance services and products.


SEE ALSO: Today in business: 5 things you need to know


2. A life’s work
Rose Syracuse Richardone “just loves to work,” says Macy’s senior vice president Robin Hall of the 92-year-old employee. Richardone retired from Macy’s in September 2012 after working in a range of positions from her first job at the age of 17 in the accounts department — back when there weren’t credit cards and customers would set aside money in the in-store bank to pay for items — to her final position within the parade and entertainment group. To honor her 70th year with the company a few years ago, Macy’s management arranged for Richardone to cut the red ribbon that launched the iconic Thanksgiving parade. Had it not been for a broken hip, the diminutive employee might still be working today. “Life is good,” she said of her longevity. “You go on each day, you’re happy where you’re at. And people — bosses, supervisors, they appreciate you. And you stay.”


3. Hardest working unemployed man
You may not know Justin Knapp, but you’re likely familiar with his work. Knapp is a voluntary editor of the Wikipedia, and last April the 30-year-old became the first person to complete 1 million edits on the massive online, open-source encyclopedia. After coming across Wikipedia in 2003, Knapp registered as an editor in 2005 and now spends several hours per day combing, editing, and adding to Wikipedia articles. His edits can be as small as ensuring em dashes and en dashes are used properly or as substantial as building the most comprehensive George Orwell entry, which reportedly took about 100 hours. But Knapp relishes the work. “Editing these projects is relaxing and rewarding,” Knapp told Gizmodo. Knapp doesn’t get paid for his work, however plentiful, but he manages to get by financially with odd jobs while he pursues his nursing degree at Indiana University. Ultimately he feels his diligence is for the greater good. “Far be it for me to say that it’s an act of love to edit Wikipedia,” he said. “But I really do feel like that it helps other human beings. That makes me feel good — knowing that somehow I can be a small part of helping someone who I’ll never know.”


SEE ALSO: Today in business: 5 things you need to know


4. Dedicated volunteer
Don Moss is the “Energizer Bunny of volunteers.” As of 2010, the Wake Forest University Baptist Medical Center volunteer has clocked in more than 47,000 hours, setting a Guinness World Record for his time. For the last 28 years, Moss has worked at Wake Forest Monday through Thursday, 48 hours per week. The 63-year-old’s dedication is a personal one. In 1980, Moss was in a freak accident that landed him at Wake Forest Baptist where he spent three months in a coma with a major head injury. Doctors didn’t think he would make it and, after he woke up, specialists said he would never walk again. But Moss defied all expectations and now, after being encouraged to volunteer during his rehabilitation stint, he’s rarely idle. While working, Moss delivers letters to patients, helps out at the gift shop, and guides lost visitors to their destinations. And those free Fridays? Those are for his wife, he says: “That’s my honey-do list day.”


5. Hardest working mom
Dr. Helen Wright felt like she had it all — she loved her job as a headmistress at an exclusive British all-girls school, and she had time to enjoy her beautiful growing family. On February morning in 2010, when Wright was pregnant with her third child, she went into labor. Within an hour she had given birth to the baby, a girl named Jessica, and by lunchtime, Wright was back at work, her newborn in tow. This was nothing new for her. She had never taken maternity leave with any of her children. Her second child was born on a Friday; Wright was back at work by Monday. Given the ongoing can-women-have-it-all debate, Wright says she wants to be a role model for her students to show them that they too can have a career and a family, quite literally, in the same space. The rarely trodden path of bringing your baby to work is, Wright says, the option more women should consider. “Most women have a choice of taking maternity leave or going back to work and having their babies looked after. Why can’t there be a third way?”


SEE ALSO: Today in business: 5 things you need to know


6. Hardest working country
Do you feel like you work long hours? Well, here’s some food for thought: Employees in Asian countries have the highest proportion of employees who work more than 48 hours per week, which is considered “excessive.” Of those Asian countries, South Korea is the most overworked: According to data compiled by the Organization for Economic Cooperation and Development, South Koreans work a whopping 2,193 hours per year. Chile comes in second with 2,068 hours, which far exceeds the average for most developing countries, which is 1,718 hours annually. The United States is just below the average with 1,695 hours. Germany and the Netherlands remain on the low end of the scale with 1,408 hours and 1,377 hours per year, respectively. Tighter labor laws in developed countries, particularly Europe, have contributed to reduced working hours, so, you know, don’t feel too bad about it, you’re just playing by the rules.


7. Hardest working American town
Columbia, Mo., managed to keep its unemployment rate of 6.0 percent throughout the worst economic downturn since the Depression with the help of its robust health-care and education sectors. The town has six hospitals and the second highest number of hospital beds per capita in the country. It’s also home to the University of Missouri-Columbia, which employs some 8,000 people, as well as six other institutions of higher education. More than 80 percent of households are dual-income, and the city ranked second on likelihood to work on the weekends, according to data compiled by Parade magazine in 2012. 


SEE ALSO: Today in business: 5 things you need to know


Sources: BBC, Daily Mail, Gizmodo, Parade, The Stir, Yahoo


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Karolína Kurková: Why I Chose a Home Waterbirth

Karolina Kurkova Natural Childbirth Access Hollywood Live
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For Karolína Kurková, there was no place like home to welcome her first child.


Setting up a birthing suite in the comforts of her Tribeca apartment, the model mama admits her motivation behind her decision to deliver naturally was simple: childbirth is nothing new.


“Of course we had the midwife, we had the doula, but that’s something we really did a lot of research on and we wanted to do,” Kurková, 28, tells Access Hollywood Live.


“Centuries women have been giving birth naturally and I think your body adjusts to it and you get into a zone.”


Her active labor lasted 2½ hours — a process she calls “quite quick” — and, by keeping her concentration on seeing her son, little time was left to think of the pain.

“It’s not like, ‘Oh my God, it’s a pain. I’m dying, I’m dying,’” the supermodel coach of The Face says. “It was so gradual you just kind of deal with it. You get in a zone, you really focus.”


With her husband Archie Drury preparing “green juice and coconut water” to keep his wife hydrated, it wasn’t long before Kurková’s midwife let her know baby boy was on his way.


“I really wanted to do it in the water because it’s better for the baby to be born in the water — from water to water — and it’s less painful for the mom,” she explains of her decision to deliver in a birthing pool.


“When he’s born in the water, there’s still that umbilical cord so until you clip it they can still breathe through it. He was born in the water [then] we put him on my chest.”


Recalling the big day as an “incredible experience” Kurková will “absolutely” do it all over again — eventually. Until then, 3-year-old Tobin Jack has all his mama’s attention.


“I want to enjoy [Tobin] first and learn everything and really spend time with him,” she explains.




– Anya Leon
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APNewsBreak: EPA moves to ban some rodent poisons


WASHINGTON (AP) — The Environmental Protection Agency is moving to ban the sale of a dozen rat and mouse poisons sold under the popular D-Con brand in an effort to protect children and pets.


The agency said Wednesday it hopes to reduce the thousands of accidental exposures that occur every year from rodent-control products. Children and pets are at risk for exposure because the products typically are placed on floors.


The agency had targeted a handful of companies two years ago, saying they needed to develop new products that are safer for children, pets and wildlife. All but Reckitt Benckiser Inc., manufacturer of D-Con, did so.


The company will have at least 30 days to request a hearing before an administrative law judge. If no hearing is requested, the ban will take effect.


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Wall Street flat after GDP shock, Fed awaited

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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


(Reporting by Rodrigo Campos; Editing by Kenneth Barry)



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Syrian Opposition Leader Softens Position on Talks with Assad





BEIRUT, Lebanon — Syria’s top political opposition leader expressed willingness for the first time on Wednesday to talk with representatives of President Bashar al-Assad, softening what had been an absolute stand of refusing to negotiate with the government in an increasingly chaotic civil war.




The opposition leader, Sheik Ahmad Moaz al-Khatib, coupled his offer with two demands: the release of what he described as 160,000 prisoners held by Mr. Assad’s government, and the renewal of all expired passports held by Syrians abroad — a gesture apparently aimed at disaffected expatriates and exiled opposition figures who could not return home even if they wanted to.


Sheik Khatib’s offer quickly provoked sharp criticism from others in the Syrian opposition coalition, with some distancing themselves and complaining that the leader had not consulted with colleagues in advance. Nonetheless, the offer still represented a potential opening for dialogue in a nearly two-year-old conflict that has threatened to destabilize the Middle East.


He made the offer as the United Nations was scrambling to raise money to manage the humanitarian crisis caused by the conflict, which has sent at least 700,000 Syrians into neighboring countries and left more than one million displaced inside Syria. A donor conference under way in Kuwait has produced commitments for about $1 billion of the $1.5 billion that the United Nations is seeking.


“I announce that I am willing to sit down with representatives of the Syrian regime in Cairo or Tunisia or Istanbul,” Sheik Khatib said in the offer, published in Arabic on his Facebook page. His motivation to make such an offer, he said, was “to search for a political resolution to the crisis, and to arrange matters for the transitional phase that could prevent more blood.”


There was no immediate Syrian government response to the offer by Sheik Khatib, a respected Sunni Muslim cleric who once had been the imam of the historic Umayyad mosque in Damascus. His unified Syrian opposition coalition, created at a meeting in Qatar two months ago, has been formally recognized by the Arab League, the European Union and the United States.


Sheik Khatib’s offer was made less than a day after the peace envoy for Syria from the United Nations and Arab League, Lakhdar Brahimi, gave the United Nations Security Council a pessimistic prognosis for negotiations.


It also followed a grisly massacre discovered on Tuesday in the contested northern city of Aleppo, from which anti-Assad activists posted videos online of scores of bound victims who had been shot in the head and dumped in a river. Some insurgents said the death toll exceeded 100, mostly abducted men in their 20s and 30s.


Both sides in the conflict blamed the other for those killings, just as they have traded accusations for other atrocities, including two major explosions a few weeks ago that killed more than 80 people at the University of Aleppo. Outside assessments based on video of the university blasts have suggested that a Syrian military missile was responsible.


Sheik Khatib did not hide his contempt for Mr. Assad’s government in his statement, saying, “One can’t trust a regime that kills children and attacks bakeries and shells universities and destroys Syria’s infrastructure and commits massacres against innocents, the last of which won’t be the Aleppo massacre, which is unprecedented in its savagery.”


But he decided to reach out, he wrote, partly because the Syrian government had publicly invited political opposition leaders this week to return to Damascus for what it called a dialogue.


Three weeks ago, Mr. Assad said in a speech that he was open to reconciliation talks but not with political opponents he described as terrorists, the government’s generic term for armed insurgents. At the time, most members of the political opposition dismissed Mr. Assad’s speech as meaningless.


The opposition’s longstanding position has been that Mr. Assad must resign as a precondition for any talks and that he cannot be part of any transitional government. Mr. Assad and his aides have said he has no intention of resigning and may even run for another term in elections next year.


Hania Mourtada reported from Beirut, and Rick Gladstone from New York. Anne Barnard and Hwaida Saad contributed reporting from Beirut.



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