Petraeus' biographer a military reservist, scholar

General David Petraeus is stepping down as CIA Director, citing an extra-marital affair.CNN reports the FBI had a tip that he was involved with his biographer Paula Broadwell and investigated to determine whether it posed a security risk.









Paula Broadwell first met fellow West Point graduate David Petraeus in the spring of 2006, when she was a graduate student at Harvard's Kennedy School of Government.

He was a lieutenant general working on a counterinsurgency manual that would be tested during his command in Iraq. The university had invited him to give a speech.

Broadwell was in the Army Reserve after being recalled three times to active duty since the Sept. 11 attacks to work on counterterrorism issues and intended to return to active duty or get into the policy world, according to the preface of the Petraeus biography she would later write with a Washington Post editor.








Petraeus, who held much-praised military commands in Iraq and Afghanistan, resigned Friday after admitting he had an extramarital affair, a disclosure that ended the retired four-star general's civilian career as director of the CIA.

He carried on the affair with Broadwell, now 40, according to several U.S. officials with knowledge of the situation who spoke anonymously because they were not authorized to discuss publicly the investigation that led to the resignation. The FBI discovered the relationship by monitoring Petraeus' emails, after investigators were alerted that Broadwell may have had access to his personal email account, two of the officials said.

Broadwell wrote in the preface to "All In: The Education of General David Petraeus," published by Penguin in January, that while at Harvard, Petraeus passed along his card and offered to help her academic work on leadership.

"I later discovered that he was famous for this type of mentoring and networking, especially with aspiring soldier-scholars," Broadwell wrote, adding that "I took full advantage of his open-door policy to seek insight and share perspectives."

Broadwell is a research associate at Harvard's Center for Public Leadership and a Ph.D. candidate in the Department of War Studies at King's College London, according to her biography on Penguin's website. According to the Charlotte (N.C.) Observer, she grew up in North Dakota and moved to Charlotte more than three years ago with her husband, a radiologist, and their two young sons.

The book began as research for her dissertation, a case study of Petraeus' leadership. It evolved into an authorized biography written with Washington Post editor Vernon Loeb after President Barack Obama put Petraeus in charge of Afghanistan in 2010.

Two years earlier, she wrote in the book's preface, while visiting Washington he had invited her to join him and his team for a run along the Potomac River.

"I'd earned varsity letters in cross-country and indoor and outdoor track and finished at the top of my class for athletics at West Point; I wanted to see if he could keep stride during an interview. Instead it became a test for me," she wrote. He eventually increased the pace "until the talk turned to heavy breathing, and we reached a 6-minute-per-mile pace. It was a signature Petraeus move. I think I passed the test, but I didn't bother to transcribe the interview."

In the Army Reserve, she specialized in military intelligence, spending time at the U.S. Special Operations Command and the FBI Counterterrorism Task Forces before pursuing an academic career, according to her Penguin bio. She "lived, worked, or traveled in more than 60 countries during more than 15 years of military service and work in geopolitical analysis and counterterrorism and counterinsurgency operations," her bio states.

Broadwell made multiple trips to Afghanistan, with unprecedented access to Petraeus, and also spent time with his commanders across the country.

When Petraeus left the military and took the job at the CIA, Broadwell kept in contact with him and sometimes was invited to his office for events such as his meeting with actress Angelina Jolie.

"History has yet to fully judge Petraeus' service in Iraq and Afghanistan, his impact on the U.S. military and his rank among America's wartime leaders," Broadwell wrote in the preface. "But there is no denying that he achieved a great deal during his 37-year Army career, not the least of which was regaining the strategic initiative in both wars" after Sept. 11, 2001.

"His critics fault him for ambition and self-promotion. I will note in the pages that follow that he is driven and goal-oriented, but his energy, optimism and will to win stand out more for me than the qualities seized on by his critics."

With the book done, Broadwell told friends she was returning to her dissertation, using part of her research on Petraeus to complete her doctorate.





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IBM surprised by Avantor lawsuit, calls claims exaggerated

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NHL, union meet for small, informal lunch

NEW YORK (AP) — The NHL and the players' association weren't quite ready to return to the bargaining table Saturday. But they put aside their differences long enough to at least have lunch together.

After negotiations hit a rough spot Friday on the fourth straight day of talks during the lockout, the sides stayed apart through the early part of Saturday. But they remained in contact during the day before meeting for a small, informal lunch in the afternoon, the players' association said in an email.

It was unknown if the sides would hold formal negotiations Saturday, the 56th day of the lockout that has delayed the start of the season and already forced it to be shortened. Talks broke off Friday night a few hours into a bargaining session on the core economic differences that separate the sides and threaten the season completely.

After those discussions ended, union executive director Donald Fehr held a conference call with the executive board and players on the negotiating committee. The players' association continued internal discussions Saturday before meeting with the league.

It became clear Friday night that the gap between the sides had grown wider. Whether negotiations took a step backward remains to be seen.

After three consecutive seemingly positive days of talks this week, discussions turned sour when negotiations ended for the night. The union was under the impression the numbers floated by each side indicated they were nearer to an agreement with the league, but NHL Commissioner Gary Bettman disagreed.

"Gary made a comment (Thursday) that there is still a lot of work to do. I think, given (Friday's) session, there is still a lot of work to do," Fehr said. "We looked at some of the numbers on the various proposals and we thought we were much closer together on the structure of a deal than the suggestions were. They came back to us and said, 'No, we are very very far apart on the structure of the deal.'"

There were vocal disagreements at the end of the session, and the union is beginning to feel that the NHL isn't ready to make a deal now, even if the players were suddenly willing to accept the league's offer in full — which they are not.

"We talked back and forth a little bit, and at one point the question was asked: 'If the players would agree to everything that's in your financial proposal, what you're saying is you still won't make an agreement unless the players give up everything in all of the player-contracting rights in your proposal? The answer was, 'Yes, because that's what we want,'" Fehr said. "One wonders if that's really the case. How do you get there from here?

"Given where we are, we're going to reconvene internally (Saturday) morning and we'll come to grips with where we are and try to figure out what we'll do next. I don't know what will happen next."

Bettman declined to reveal what was discussed or where the disagreements lie. He also wouldn't characterize the mood of the talks.

"I am not going into the details of what takes place in the room," he said. "I really apologize but I do not think it would be constructive to the process. I don't want to either raise or lower expectations. I won't be happy until we get to the end result and that means we're playing again."

The union fought to put out internal fires Friday after a memo to players summarizing Thursday's negotiations was leaked to the media. That led to suggestions that the players' association didn't fully convey the owners' most recent proposal to its membership accurately or completely.

Fehr sternly shot down the report, if for no other reason that there were players present at the negotiations when the offer was put forward.

"Their proposal is made in front of players in the room who hear it," Fehr said. "It's made in front of staff who hear it, it's made in front of former players who hear it. They're on the phone talking to everybody on an ongoing basis afterward.

"Owners can't come to meetings when they want to hear stuff directly, but every single player can at the union's expense. Come hear it for himself, make the judgments, and all the rest of it."

Ron Hainsey, the player representative for the Winnipeg Jets, backed Fehr's assertion in full.

"Every player is welcome in every meeting," the defenseman said. "Every player has the ability to get in touch with Don via phone, via email, or get in touch with me or any member of the negotiating committee via phone, via email. This notion that something was hidden over the past 24 or 48 hours is totally inaccurate. We feel that this should put this issue to rest.

"Obviously there aren't 30 owners in the room, there aren't 700 players, but we make sure everyone who wants to know exactly what's going on ... we're taking calls every night. It was a memo to summarize as quick as possible for players. At the end of that memo I believe it says if you want exact details of the offer, call us or email us."

The lockout has already caused the league to call off 327 regular-season games, including the New Year's Day Winter Classic in Michigan. The league is in danger of having a lockout wipe out a full season for the second time in seven years.

Bettman is scheduled to attend Hockey Hall of Fame inductions Monday night in Toronto, but developments in negotiations could prevent that.

The lockout began Sept. 16 after the collective bargaining agreement expired, and both sides rejected proposals Oct. 18. The players' association has agreed to a 50-50 split of hockey-related revenues, but that division wouldn't kick in until the third year of the deal.

During a second consecutive day of marathon negotiations Wednesday, the players' association made an offer on revenue sharing in which richer teams would help out poorer organizations, and another proposal regarding the "make-whole" provision that would guarantee full payment of all existing multiyear player contracts.

Revenue sharing and the make-whole provision are major hurdles. Both sides have made proposals that included a 50-50 split of hockey-related revenues. The NHL has moved toward the players' side on the "make-whole" provision and whose share of the economic pie that money will come from.

The NHLPA estimates that about $590 million is needed to guarantee the amount left to be paid to players on the "make-whole" provision, but so far the league is only offering $211 million.

The union accepted a salary cap in the previous labor pact, which wasn't reached until after the entire 2004-05 season was canceled because of a lockout. The union doesn't want to absorb the majority of concessions this time after the NHL had record revenue that exceeded $3 billion last season.

Players believe that dropping their share of hockey-related revenue from 57 percent to 50 percent is already a major concession on their part.

Read More..

“Hunger Games” star Jennifer Lawrence will not diet for role
















LOS ANGELES (Reuters) – “The Hunger Games” star Jennifer Lawrence will not be dieting for a role any time soon.


Lawrence, 22, who plays the famished Katniss Everdeen in the life-or-death thriller series, told Elle magazine in an interview to be published on November 13 that dropping a few pounds will not be part of her script.













“I’m never going to starve myself for a part,” Lawrence said, a view out of step with many in diet-obsessed Hollywood.


Lawrence’s figure in “The Hunger Games” raised eyebrows of some critics, who believed the actress looked a little too healthy for a character struggling to eat.


“I don’t want little girls to be like, ‘Oh, I want to look like Katniss, so I’m going to skip dinner,” Lawrence said. “That’s something I was really conscious of during training…I was trying to get my body to look fit and strong – not thin and underfed.”


Suffering for a role by rapidly losing or gaining weight is part of Hollywood lore.


Natalie Portman was applauded for dropping some 20 pounds for her Oscar-winning role as a ballerina in 2010′s “Black Swan”. Likewise Robert De Niro nabbed an Oscar after packing on 60 extra pounds in 1980 boxing film “Raging Bull”.


Lawrence’s figure did not hurt the first installment of the “The Hunger Games” series, which was released in March and has grossed some $ 670 million worldwide. The actress has signed on for three sequels.


(Reporting By Jill Serjeant; Editing by David Gregorio)


Movies News Headlines – Yahoo! News



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Malaria vaccine a letdown for infants

LONDON (AP) — An experimental malaria vaccine once thought promising is turning out to be a disappointment, with a new study showing it is only about 30 percent effective at protecting infants from the killer disease.

That is a significant drop from a study last year done in slightly older children, which suggested the vaccine cut the malaria risk by about half — though that is still far below the protection provided from most vaccines. According to details released on Friday, the three-shot regimen reduced malaria cases by about 30 percent in infants aged 6 to 12 weeks, the target age for immunization.

Dr. Jennifer Cohn, a medical coordinator at Doctors Without Borders, described the vaccine's protection levels as "unacceptably low." She was not linked to the study.

Scientists have been working for decades to develop a malaria vaccine, a complicated endeavor since the disease is caused by five different species of parasites. There has never been an effective vaccine against a parasite. Worldwide, there are several dozen malaria vaccine candidates being researched.

In 2006, a group of experts led by the World Health Organization said a malaria vaccine should cut the risk of severe disease and death by at least half and should last longer than one year. Malaria is spread by mosquitoes and kills more than 650,000 people every year, mostly young children and pregnant women in Africa. Without a vaccine, officials have focused on distributing insecticide-treated bed nets, spraying homes with pesticides and ensuring access to good medicines.

In the new study, scientists found babies who got three doses of the vaccine had about 30 percent fewer cases of malaria than those who didn't get immunized. The research included more than 6,500 infants in Africa. Experts also found the vaccine reduced the amount of severe malaria by about 26 percent, up to 14 months after the babies were immunized.

Scientists said they needed to analyze the data further to understand why the vaccine may be working differently in different regions. For example, babies born in areas with high levels of malaria might inherit some antibodies from their mothers which could interfere with any vaccination.

"Maybe we should be thinking of a first-generation vaccine that is targeted only for certain children," said Dr. Salim Abdulla of the Ifakara Health Institute in Tanzania, one of the study investigators.

Results were presented at a conference in South Africa on Friday and released online by the New England Journal of Medicine. The study is scheduled to continue until 2014 and is being paid for by GlaxoSmithKline and the PATH Malaria Vaccine Initiative.

"The results look bad now, but they will probably be worse later," said Adrian Hill of Oxford University, who is developing a competing malaria vaccine. He noted the study showed the Glaxo vaccine lost its potency after several months. Hill said the vaccine might be a hard sell, compared to other vaccines like those for meningitis and pneumococcal disease — which are both effective and cheap.

"If it turns out to have a clear 30 percent efficacy, it is probably not worth it to implement this in Africa on a large scale," said Genton Blaise, a malaria expert at the Swiss Tropical and Public Health Institute in Basel, who also sits on a WHO advisory board.

Eleanor Riley of the London School of Hygiene and Tropical Medicine, said the vaccine might be useful if used together with other strategies, like bed nets. She was involved in an earlier study of the vaccine and had hoped for better results. "We're all a bit frustrated that it has proven so hard to make a malaria vaccine," she said. "The question is how much money are the funders willing to keep throwing at it."

Glaxo first developed the vaccine in 1987 and has invested $300 million in it so far.

WHO said it couldn't comment on the incomplete results and would wait until the trial was finished before drawing any conclusions.

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War photography exhibit debuts in Houston museum

HOUSTON (AP) — It was a moment Nina Berman did not expect to capture when she entered an Illinois wedding studio in 2006. She knew Tyler Ziegel had been horribly injured, his face mutilated beyond recognition by a suicide bombing in the Iraq War. She knew he was marrying his pretty high school sweetheart, perfect in a white, voluminous dress.

It was their expressions that were surprising.

"People don't think this war has any impact on Americans? Well here it is," Berman says of the image of a somber bride staring blankly, unsmiling at the camera, her war-ravaged groom alongside her, his head down.

"This was even more shocking because we're used to this kind of over-the-top joy that feels a little put on, and then you see this picture where they look like survivors of something really serious," Berman added.

The photograph that won a first place prize in the World Press Photos Award contest will stand out from other battlefield images in an exhibit "WAR/PHOTOGRAPHY: Images of Armed Conflict and Its Aftermath" that debuts Sunday — Veterans Day — in the Houston Museum of Fine Arts. From there, the exhibit will travel to The Annenberg Space for Photography in Los Angeles, the Corcoran Gallery of Art in Washington and The Brooklyn Museum in Brooklyn, N.Y.

The exhibit was painstakingly built by co-curators Anne Wilkes Tucker and Will Michels after the museum purchased a print of the famous picture of the raising of the flag at Iwo Jima, taken Feb. 23, 1945, by Associated Press photographer Joe Rosenthal. The curators decided the museum didn't have enough conflict photos, Tucker said, and in 2004, the pair began traveling around the country and the world in search of pictures.

Over nearly eight years and after viewing more than 1 million pictures, Tucker and Michels created an exhibit that includes 480 objects, including photo albums, original magazines and old cameras, by 280 photographers from 26 countries.

Some are well-known — such as the Rosenthal's picture and another AP photograph, of a naked girl running from a napalm attack during the Vietnam War taken in 1972 by Huynh Cong "Nick" Ut. Others, such as the Incinerated Iraqi, of a man's burned body seen through the shattered windshield of his car, will be new to most viewers.

"The point of all the photographs is that when a conflict occurs, it lingers," Tucker said.

The pictures hang on stark gray walls, and some are in small rooms with warning signs at the entrance designed to allow visitors to decide whether they want to view images that can be brutal in their honesty.

"It's something that we did to that man. Americans did it, we did it intentionally and it's a haunting picture," Michels said of the image of the burned Iraqi that hangs inside one of the rooms.

In some images, such as Don McCullin's picture of a U.S. Marine throwing a grenade at a North Vietnamese soldier in Hue, it is clear the photographer was in danger when immortalizing the moment. Looking at his image, McCullin recalled deciding to travel to Hue instead of Khe Sahn, as he had initially planned.

"It was the best decision I ever made," he said, smiling slightly as he looked at the picture, explaining that he took a risk by standing behind the Marine.

"This hand took a bullet, shattered it. It looked like a cauliflower," he said, pointing to the still-upraised hand that threw the grenade. "So the people he was trying to kill were trying to kill him."

McCullin, who worked at that time for The Sunday Times in London, has covered conflicts all over the world, from Lebanon and Israel to Biafra. Now 77, McCullin says he wonders, still, whether the hundreds of photos he's taken have been worthwhile. At times, he said, he lost faith in what he was doing because when one war ends, another begins.

Yet he believes journalists and photographers must never stop telling about the "waste of man in war."

"After seeing so much of it, I'm tired of thinking, 'Why aren't the people who rule our lives ... getting it?' " McCullin said, adding that he'd like to drag them all into the exhibit for an hour.

Berman didn't see the conflicts unfold. Instead, she waited for the wounded to come home, seeking to tell a story about war's aftermath.

Her project on the wounded developed in 2003. The Iraq War was at its height, and there was still no database, she said, to find names of wounded warriors returning home. So she scoured local newspapers on the Internet.

In 2004 she published a book called "Purple Hearts" that includes photographs taken over nine months of 20 different people. All were photographed at home, not in hospitals where, she said, "there's this expectation that this will all work out fine."

The curators, meanwhile, chose to tell the story objectively — refusing through the images they chose or the exhibit they prepared to take a pro- or anti-war stance, a decision that has invited criticism and sparked debate.

And maybe, that is the point.

___

Plushnick-Masti can be followed on Twitter at https://twitter.com/RamitMastiAP

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Retailers plan earlier start to Black Friday









Cierra Hobson is a die-hard Black Friday shopper.

Every year she queues in front of one of her favorite stores, where she waits, in her pajamas, in hopes of bagging a good deal.

This year, Hobson and other deal-seekers will find some twists on the post-Thanksgiving Day ritual: coupons delivered via mobile phones and deeper discounts, maneuvers designed to make shopping easier for consumers and to set retailers on a strong start to the biggest shopping period of the year. But perhaps the biggest change will be an earlier start to the holiday rush.

Black Friday historically launched the day after Thanksgiving. But in recent years, stores have opened at 4 a.m., then midnight. Last year, retailers created a stir by opening at 10 p.m. Thursday. This year, Sears and Wal-Mart announced plans to open at 8 p.m.

"The name of the game this holiday season is who can do it best," said National Retail Federation spokeswoman Kathy Grannis.

"When (early openings) started in 2009, things were a little bit worse off in terms of consumer confidence," Grannis added. "At that point it was very necessary for retailers to get out there before anybody else, and that literally meant before midnight."

This year, holiday spending is expected to rise 4.1 percent, according to the retail federation. Last year, more than 24 percent of Black Friday shoppers were out before midnight and nearly 39 percent of shoppers were in the stores before 5 a.m.

Wal-Mart plans to greet shoppers with the likes of $89 Wii consoles and a $38 Blu-ray player. At Sears, there will be perks on sale items for members of its shopper loyalty program.

Both retailers are touting in-store pickup, allowing customers to buy items online and pick them up at the store, avoiding checkout lines.

The Disney Store plans to begin offering Black Friday deals on the Monday before Thanksgiving, though Disney stores will open at midnight in some markets and 5 a.m. in others. Ads leaked to Internet deal sites say Target stores will open at 9 p.m. on Thanksgiving.

Last year, Wal-Mart recorded its most customer traffic at 10 p.m. on Thanksgiving night, said spokesman Steven Restivo, adding that the retailer relied on focus groups, online surveys and other feedback to help it decide to open two hours earlier this year. "Our customers told us they loved our Thanksgiving event last year and wanted it again."

At Sears, staying open 26 consecutive hours through Black Friday gives its customers the flexibility they want and makes good business sense, said spokesman Brian Hanover.

"There's a segment of Sears customers who want that thrill of holiday shopping to start as soon as their Thanksgiving dinner ends," he said. "Traditionalists," he added, can wait for door busters at 4 a.m.

Despite discounts that often go beyond 50 percent, stores still make money on the sales, retail experts say. That's because shoppers in physical stores tend to spend more than they planned, said Sanjay Dhar, professor of marketing at the University of Chicago Booth School of Business.

In the store, "you end up making purchases that aren't as marked down, in addition to the door-buster deals," he said.

Opening earlier and staggering door-buster deals is not only a good way to make money, but it's also necessary for crowd control, retail watchers say. In 2008, a store employee was trampled to death in a Black Friday door-buster stampede at a Long Island, N.Y., Wal-Mart.

Hobson said she doesn't plan to start shopping Thanksgiving night, but she said she'll be up before dawn to catch sales at Express, a clothing store.

"Just knowing that everybody is doing the same thing I'm doing on the same day feels like the beginning of Christmas," she said.

Others worry that super-early openings could backfire.

Sheri Petras, CEO of CFI Group, a Michigan-based consultancy, said store employees grumpy from having to leave their Thanksgiving festivities will take out their anger on customers.

"Consumers will not spend as much with cranky employees," she said.

Some employees at Wal-Mart, Sears and Target say they'd like the day off.

Change.org, an activist website, said Friday that more than 20 new petitions were submitted by employees and consumers asking retailers to reconsider their Thanksgiving evening openings.

It's the second year the website has administered petitions calling for retailers to stick to traditional Black Friday openings.

In a statement distributed by OUR Walmart, a labor rights group, Wal-Mart employee Mary Pat Tifft, of Wisconsin, said she would be "devastated" if she had to work on Thanksgiving, because she is expecting her son home from Afghanistan for the holiday.

"This early opening is one more example of Walmart's disconnect with the workers who keep its stores running and disregard for all of our families. As the largest employer in the country, Walmart could be setting a standard for businesses to value families, but instead, this is one more Walmart policy that hurts the families of workers at its stores," she said.

crshropshire@tribune.com

Twitter @corilyns



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CIA Director David Petraeus resigns over affair


















David Petraeus has resigned as director of the CIA after admitting he had an extramarital affair. According to his letter of resignation, Petraeus asked President Barack Obama on Thursday to allow him to resign. On Friday the president accepted. (Nov. 9)














































David Petraeus has resigned as director of the CIA after admitting he had an extramarital affair.

President Barack Obama on Friday accepted Patraeus' resignation, praised him as as one of the most outstanding generals of his generation and expressed confidence that the intelligence agency would continue to thrive.

"I am completely confident that the CIA will continue to thrive and carry out its essential mission, and I have the utmost confidence in Acting Director Michael Morell," Obama said in a written statement.








Petraeus said in a message to the CIA workforce that he was resigning because of an extramarital affair.

"After being married for over 37 years, I showed extremely poor judgment by engaging in an extramarital affair. Such behavior is unacceptable, both as a husband and as the leader of an organization such as ours," Petraeus said.

Obama said his thoughts and prayers were with Petraeus and his wife. "I wish them the very best at this difficult time," he said.

"Dave's decision to step down represents the loss of one of our nation's most respected public servants," National Intelligence James Clapper said in a statement without giving a reason for the resignation.

Petraeus is married to Holly Petraeus, whom he met when he was a cadet at the U.S. Military Academy at West Point.

The retired four-star general led the military campaigns in Iraq and Afghanistan, then took the helm of the CIA in September 2011.

The CIA had no immediate comment.

Reuters and the Associated Press contributed to this report.






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Exclusive: Google Ventures beefs up fund size to $300 million a year

SAN FRANCISCO (Reuters) - Google will increase the cash it allocates to its venture-capital arm to up to $300 million a year from $200 million, catapulting Google Ventures into the top echelon of corporate venture-capital funds.


Access to that sizeable checkbook means Google Ventures will be able to invest in more later-stage financing rounds, which tend to be in the tens of millions of dollars or more per investor.


It puts the firm on the same footing as more established corporate venture funds such as Intel's Intel Capital, which typically invests $300-$500 million a year.


"It puts a lot more wood behind the arrow if we need it," said Bill Maris, managing partner of Google Ventures.


Part of the rationale behind the increase is that Google Ventures is a relatively young firm, founded in 2009. Some of the companies it backed two or three years ago are now at later stages, potentially requiring larger cash infusions to grow further.


Google Ventures has taken an eclectic approach, investing in a broad spectrum of companies ranging from medicine to clean power to coupon companies.


Every year, it typically funds 40-50 "seed-stage" deals where it invests $250,000 or less in a company, and perhaps around 15 deals where it invests up to $10 million, Maris said. It aims to complete one or two deals annually in the $20-$50 million range, Maris said.


LACKING SUPERSTARS


Some of its investments include Nest, a smart-thermostat company; Foundation Medicine, which applies genomic analysis to cancer care; Relay Rides, a carsharing service; and smart-grid company Silver Spring Networks. Last year, its portfolio company HomeAway raised $216 million in an initial public offering.


Still, Google Ventures lacks superstar companies such as microblogging service Twitter or online bulletin-board company Pinterest. The firm's recent hiring of high-profile entrepreneur Kevin Rose as a partner could help attract higher-profile deals.


Soon it could have even more cash to play around with. "Larry has repeatedly asked me: 'What do you think you could do with a billion a year?'" said Maris, referring to Google chief executive Larry Page.


(Editing by Muralikumar Anantharaman)


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Lakers fire coach Mike Brown after 1-4 start

LOS ANGELES (AP) — The Los Angeles Lakers fired coach Mike Brown on Friday after a 1-4 start to his second season in charge.

Lakers general manager Mitch Kupchak announced the surprising move several hours before they hosted Golden State. Assistant coach Bernie Bickerstaff will coach the Lakers against the Warriors.

"This was a difficult and painful decision to make," Kupchak said. "Mike was very hard-working and dedicated, but we felt it was in the best interest of the team to make a change at this time. We appreciate Mike's efforts and contributions and wish him and his family the best of luck."

Los Angeles began the season with championship expectations after trading for center Dwight Howard and point guard Steve Nash, adding two superstars alongside Kobe Bryant and Pau Gasol.

But the Lakers went 0-8 during the preseason last month for the first time in franchise history before stumbling into the regular season with an 0-3 start, losing to Dallas, Portland and the Clippers. After finally beating Detroit last Sunday for their first win, the Lakers looked listless again in a loss at Utah on Wednesday.

The Lakers' 1-4 record is the worst in the Western Conference, and owner Jim Buss had seen enough of the coach he hired just 18 months earlier to replace 11-time NBA champion Phil Jackson. Brown signed a four-year deal worth roughly $18 million in May 2011.

"It's a pretty direct message to all of us," Gasol said while leaving the Lakers' shootaround Friday morning in El Segundo. "There's no messing around. It's time for all of us to step it up."

While Lakers fans had reacted with their usual panic whenever the 16-time NBA champions lose a few games in a row, Kupchak and Buss publicly appeared to stand firmly behind Brown, the longtime Cleveland Cavaliers coach. Brown had pleaded for patience with his integration of several new players into his lineup while everybody learned a new offense.

"I have great respect for the Buss family and the Lakers' storied tradition, and I thank them for the opportunity they afforded me," Brown said in a statement issued by the Lakers. "I have a deep appreciation for the coaches and players that I worked with this past year, and I wish the organization nothing but success as they move forward."

Brown's players all were fully behind him in public, with Bryant vocally suggesting critics of the Lakers' new offense should give them time to get it working. Bryant missed a significant portion of training camp while dealing with minor injuries, and Nash has a small fracture in his leg that has kept him out of the lineup since the Lakers' second game.

Yet the Lakers had given no indication they might pull one of the earliest coaching changes in NBA history until Kupchak gathered the players Friday morning to inform them of the decision.

"He told us the decision was made," Gasol said. "We didn't have a good start, and this is a team that was built to win. That's what we're all here to do."

Along with the usual urgency accompanying any Lakers season, Howard is under contract for just one more season before the six-time All-Star center can become a free agent. The Lakers' core players around Howard are all over 30, and the 38-year-old Nash barely made his debut before getting sidelined.

Los Angeles went 41-25 and reached the second round of the playoffs last season in Brown's debut, losing to Oklahoma City. Brown received criticism even for that largely successful season, with Magic Johnson predicting Brown would be fired if the Lakers lost to Denver in the first round.

Brown implemented a new offensive scheme this fall that didn't appear to suit his players' talents, yet the Lakers also played spotty defense, Brown's specialty. The Princeton-based offense received ridicule, but Bryant and his teammates largely defended the motion scheme, saying they needed time to implement it.

"I don't think we lost faith at any moment," Gasol said. "I think we all believed in what we were trying to do. We also understood it was going to take a little bit of time to do things the way they should have been done. As far as our game, it wasn't happening as fast as we all wanted it to."

Brown is a protégé of San Antonio coach Gregg Popovich. He led Cleveland to the 2007 NBA finals and went 272-138 with the Cavaliers, becoming the most successful coach in franchise history while compiling the league's best regular-season record in each of his last two seasons.

The 68-year-old Bickerstaff joined Brown's coaching staff in September. He was a head coach in Charlotte, Seattle, Denver and Washington, going 415-517.

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Andy Summers film documents surviving the Police
















LOS ANGELES (Reuters) – Police guitarist Andy Summers has always been a multifaceted artist – musician, songwriter, photographer and author. Now he can add filmmaker to his extensive resume.


“Can’t Stand Losing You: Surviving the Police,” Summers’ 90-minute documentary film that chronicles his musical career and life with supergroup, has its world premiere at the DOC NYC festival in New York on Friday.













Summers, who narrates the film, describes it as “a musical journey” that uses live footage from the 2007-2008 Police reunion world tour, along with lots of archival material from both the early Police days and the London punk scene.


“But it’s not done as a chronological story,” he told Reuters. “We establish the fact we’re doing the reunion tour early on, and then it dips in and out of live Police concert footage, and then starts going back to the earlier days.”


Based on his 2006 memoir “One Train Later,” the documentary also incorporates rare footage dating back to the 1960s, when Summers, now 69, was involved with the early British rock scene and seminal artists including British vocalist and keyboard player Zoot Money and Eric Burdon. The film also features many still photographs that the rock star took along the way.


“I was always interested in photography, so it was very natural for me to document everything, whether it was backstage at some grungy club or on early tours with the Police,” he said.


“So there’s a lot of intimate moments and interesting shots and archival stuff, especially in the first 25 minutes of the film, with the Sex Pistols appearing and so on.”


BUMPING INTO FAME


Following his book’s lead, the film also documents the serendipitous nature of the formation of the Police, one of the biggest bands in rock history, when Summers “just happened to bump into” drummer Stewart Copeland in a London Underground station one day in 1977.


The two decided to have coffee and discuss forming a new band with a then-unknown singer called Sting, whom they had just met.


“One train later, and it all might never have happened,” recalled Summers, “which is why I titled the book ‘One Train Later.’”


He would have preferred that title for the documentary. “It’s much hipper and doesn’t pander to the obvious Police connection,” he said, “so I’m hoping at some point we’ll change it to that.”


Inevitably, the film also focuses on the breakup of the always-combustible and often acrimonious trio.


“It’s obviously a very painful and poignant moment, when we all realize, ‘Well, that’s it,’” Summers said of the 2008 footage documenting the band’s final dissolution.


“The camera lingers on all our faces, and you can see the raw emotion there. It’s very bittersweet.”


As for rumors that the Police may re-form yet again for another tour, Summers does not think that is likely, even though their 30th reunion tour grossed more than $ 350 million.


“But then I never thought we’d get back together to do the last tour, so I never shut the door on anything,” he said. “I personally think that my book was somewhat of a provoking agent in getting the Police reunited, so maybe this film will do the same thing again.”


(Reporting by Iain Blair, Editing by Jill Serjeant, Patricia Reaney and Lisa Von Ahn)


Movies News Headlines – Yahoo! News



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Malaria vaccine a letdown for infants

LONDON (AP) — An experimental malaria vaccine once thought promising is turning out to be a disappointment, with a new study showing it is only about 30 percent effective at protecting infants from the killer disease.

That is a significant drop from a study last year done in slightly older children, which suggested the vaccine cut the malaria risk by about half — though that is still far below the protection provided from most vaccines. According to details released on Friday, the three-shot regimen reduced malaria cases by about 30 percent in infants aged 6 to 12 weeks, the target age for immunization.

Dr. Jennifer Cohn, a medical coordinator at Doctors Without Borders, described the vaccine's protection levels as "unacceptably low." She was not linked to the study.

Scientists have been working for decades to develop a malaria vaccine, a complicated endeavor since the disease is caused by five different species of parasites. There has never been an effective vaccine against a parasite. Worldwide, there are several dozen malaria vaccine candidates being researched.

In 2006, a group of experts led by the World Health Organization said a malaria vaccine should cut the risk of severe disease and death by at least half and should last longer than one year. Malaria is spread by mosquitoes and kills more than 650,000 people every year, mostly young children and pregnant women in Africa. Without a vaccine, officials have focused on distributing insecticide-treated bed nets, spraying homes with pesticides and ensuring access to good medicines.

In the new study, scientists found babies who got three doses of the vaccine had about 30 percent fewer cases of malaria than those who didn't get immunized. The research included more than 6,500 infants in Africa. Experts also found the vaccine reduced the amount of severe malaria by about 26 percent, up to 14 months after the babies were immunized.

Scientists said they needed to analyze the data further to understand why the vaccine may be working differently in different regions. For example, babies born in areas with high levels of malaria might inherit some antibodies from their mothers which could interfere with any vaccination.

"Maybe we should be thinking of a first-generation vaccine that is targeted only for certain children," said Dr. Salim Abdulla of the Ifakara Health Institute in Tanzania, one of the study investigators.

Results were presented at a conference in South Africa on Friday and released online by the New England Journal of Medicine. The study is scheduled to continue until 2014 and is being paid for by GlaxoSmithKline and the PATH Malaria Vaccine Initiative.

"The results look bad now, but they will probably be worse later," said Adrian Hill of Oxford University, who is developing a competing malaria vaccine. He noted the study showed the Glaxo vaccine lost its potency after several months. Hill said the vaccine might be a hard sell, compared to other vaccines like those for meningitis and pneumococcal disease — which are both effective and cheap.

"If it turns out to have a clear 30 percent efficacy, it is probably not worth it to implement this in Africa on a large scale," said Genton Blaise, a malaria expert at the Swiss Tropical and Public Health Institute in Basel, who also sits on a WHO advisory board.

Eleanor Riley of the London School of Hygiene and Tropical Medicine, said the vaccine might be useful if used together with other strategies, like bed nets. She was involved in an earlier study of the vaccine and had hoped for better results. "We're all a bit frustrated that it has proven so hard to make a malaria vaccine," she said. "The question is how much money are the funders willing to keep throwing at it."

Glaxo first developed the vaccine in 1987 and has invested $300 million in it so far.

WHO said it couldn't comment on the incomplete results and would wait until the trial was finished before drawing any conclusions.

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He called it, and now Silver's a pop-culture star

NEW YORK (AP) — The other night, Nate Silver got a little taste of what things are going to be like for him, post-Election 2012.

The 34-year-old statistician, unabashed numbers geek, author and creator of the much-read FiveThirtyEight blog at The New York Times had gone out for a drink with friends on Manhattan's Lower East Side. But he couldn't stay incognito; Immediately, he says, people sitting at the bar recognized him.

He was surprised, but probably shouldn't have been. After all, for 24 hours, ever since his election forecasts had proved uncannily successful — he correctly predicted the presidential winner in all 50 states, and almost all the Senate races — he'd been hailed as the election's "other winner," who'd silenced doubters and proven the value of a cool-headed, math-based approach.

That very night, he'd appeared on Jon Stewart's "The Daily Show" for the second time in three weeks. "Don't you want to stand up and say, 'I am Nate Silver, bow down to me!!'" Stewart roared, as the bespectacled Silver sat and chuckled. His name was trending on Twitter and he was the subject of a satirical Twitter hashtag, "Drunk Nate Silver." The Hollywood Reporter said he'd "made statistics sexy again." Many called his story a real-life "Revenge of the Nerds" tale.

And oh, his new book had soared to No. 2 on Amazon, after he linked to it on Twitter an hour after the first network call for President Barack Obama. ("This is probably a good time to link to my book," he'd tweeted at 12:13 a.m. — the closest he came to gloating.)

Even so, Silver says he wasn't quite prepared for that incident in the bar.

"It's odd," he said Thursday in a telephone interview from his Brooklyn home. "Is this going to happen every day, as opposed to once a month? I still have to get accustomed to this."

Silver, who uses computer models that he runs on a beat-up laptop at home, is quick to acknowledge the accomplishments of others using similar methods. "It's a little strange to become a kind of symbol of a whole type of analysis," he said. And he noted that similar work was being done with, for example, weather, all the time. "You have to give those forecasters way more credit," he said. "Their forecasts have real life-and-death consequences"

In politics, too, others have used similar computer models to predict races. What Silver has done, though, is not only arrive at a formula that uses aggregated polls and other weighted factors to achieve his predictions, but to write about them in an accessible and engaging way.

His father, political science professor Brian Silver, attributes his son's success to a two-pronged drive: "He's driven by a need to get the answers to a problem, but he also is very concerned with the narrative, with telling the story," said the elder Silver, who teaches at Michigan State University.

The father recalls his son at 2 years old, already revealing himself as a prodigy with numbers — his mother asked him to count to three, and he went to 20. By four, he understood negative numbers, and could multiply in his head.

Needless to say he was a math whiz, but he also was a debating champion, winning competitions in high school. "On the debate team, it was OK to be a geek," Brian Silver explained. Nate then went off to the University of Chicago, where he earned a degree in economics.

A few years in consulting followed. It bored him, but it was during those years that Silver turned his love of baseball into a sophisticated forecasting system of player performance. That became his new career; he sold the system to Baseball Prospectus, and wrote a weekly column there on baseball research.

In 2007, Silver started writing about politics — at first under a pseudonym, "Poblano." He quickly gained an audience for his forecasts during the presidential primaries. In March of 2008, he began his FiveThirtyEight blog, and a few months later revealed his name.

"People had been thinking Poblano was a major pollster," said his father. "He was just a kid with a B.A. in economics."

With his success in the 2008 race — he got every state right except for Indiana — Silver was already a big name. In 2009 he was named one of Time's 100 Most Influential People. In 2010, he licensed his blog to The New York Times.

But the 2012 election brought a new level of pressure. While Democrats flocked to his blog and took daily solace in his consistent prediction that Obama would win — though not by a lot — commentators on the right were critical, and he was accused of weighting his forecasts too heavily toward Democrats.

MSNBC host Joe Scarborough, a former Republican congressman, called him a "joke." Silver responded by betting him that Obama would win, a bet that Scarborough didn't take him up on and that was later criticized by the Times ombudsman. (That bet was the poker player in him, Silver says now; he spent a couple years playing serious online poker.)

Much more disturbing, said Silver, were what he called the homophobic comments that some resorted to on the Web. "That was a little shocking," he said. Added his father: "It got very personal."

But Silver says he always felt confident in his projections. "I didn't see any particular reason for the polls to be off the mark," he said. "Republicans said Democrats were oversampled, but without much justification. I felt pretty confident personally." Silver predicted 90.9 percent certainty that Obama would win, and forecast him getting 313 electoral college votes; he has 303 without Florida, which is still counting and could take him to 332.

On Election Day itself, Silver felt nervous, but only because there was nothing left to do. Once the early results started coming in, he relaxed. And then, of course, came vindication. "You know who won the election tonight? Nate Silver," said Rachel Maddow on MSNBC. Even Bret Baier on Fox gave credit on air to Silver. On "The Daily Show," Stewart basically credited Silver with saving the reputation of arithmetic — and more. "Like, gravity would have been up for grabs," Stewart quipped, if Silver had been wrong.

There have been some gripes that Silver doesn't reveal his actual formula. "He has very carefully explained how he does things," his father answers. "But he's not giving away his code. He shouldn't be expected to do that."

Nate Silver does say, however, that in the future, "Maybe we'll have to be clearer." He also voices concern that precise forecasting could have the frightening effect of influencing voter behavior — something that obviously doesn't happen in areas like weather. "You don't want to influence the same system you are trying to forecast," he said.

Silver also says he doesn't necessarily expect the same results forever. "I know we're going to have some misses sooner or later," he said, adding that an incorrect forecast on the Senate race in North Dakota is "proof that we can be wrong — and polls can be wrong." Others have pointed out that Silver's forecasting is, of course, only as good as the polls he is using, since he's not a pollster himself.

For now, though, he's trying to enjoy it all as much as he can.

"When you get into statistical analysis, you don't really expect to achieve fame," he observed wryly. "Or to become an Internet meme. Or be parodied by The Onion — or be the subject of a cartoon in The New Yorker. I guess I'm kind of an outlier there."

What's ahead for Silver? Turns out, forecasting his own future feels much more difficult than forecasting an election.

"It can be a fulltime job, figuring out what your job is going to be," he quipped.

For now, he has a second book to write, part of a two-book deal. And FiveThirtyEight is set to remain at the Times until mid-2013. After that, he doesn't know yet, though he noted, with understatement: "I know I'll have more opportunities now." But he added: "I'm sure there will be a FiveThirtyEight forecast in 2016."

For now, he prefers to look at life, and life choices, as a poker player, since he loves the game.

"You get steely nerves playing poker," he said. "It's part skill and part luck. You hope you win enough bets to make a living on, right?"

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Sandy to raise U.S. used-car prices









The estimated 250,000 cars flooded by Superstorm Sandy on the East Coast will drive up used-car prices, even as far away as California.

The supply shortage comes on the heels of an already tightened used-car market in the wake of the recession, when new car sales dried up. Some experts say prices could rise $700 to $1,000 on the typical used car in the short term. Although those effects will be felt most acutely near the flood zone, the increasingly digital and national market for used cars will spread the price shocks widely.

The flood of Sandy-damaged cars further poses the risk that many will wind up in the hands of unscrupulous dealers peddling to unwitting consumers. The vehicles pose both financial and health risks.





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"Cars that have been submerged in saltwater, and contaminated by bacteria and various toxins, will soon start to appear all over the country, even in states far from the center of the storm," said Rosemary Shahan, president of Consumers for Auto Reliability and Safety.

Shahan said there were cases of Nissan vehicles flooded by Hurricane Katrina auctioned as "new" as far away as California after that storm.

She urged shoppers to look for signs of flood damage, including engines that hesitate or run roughly, musty interior smells or signs of silt residue or premature rust.

Buyers should also run the vehicle information number through the National Motor Vehicle Title Information System at vehiclehistory.gov. Insurers, salvage pools, auctions and junkyards in all 50 states are required to report all total-loss vehicles to this federal database within 30 days, Shahan said.

For new vehicles or those still within the factory warranty period, shoppers who suspect flood damage should call the manufacturer to ask if they will honor the warranty, which is typically nullified for flooded cars. If the vehicle was registered as a flood vehicle, the manufacturer won't honor the warranty, and the buyer will know there is a problem.

Although properly restored and titled salvage or flooded vehicles can be an "economical option," consumers should understand what they are getting.

"There is always a chance that there will be problems down the road with corrosion or malfunctions in the electrical systems," said Bob Passmore, senior director at the Property Casualty Insurers Assn. of America.

Rising prices caused by the storm might be one reason why consumers would turn to such cheaper options or fall victim to an attractively priced vehicle with hidden flood damage.

Prices are already comparatively high for late-model used cars, according to industry analysts. That's because of the low number of new cars sold in 2009 and 2010, which also slowed the flow of trade-ins into the used-car market. Leases, a major source of used cars, nearly disappeared.

Now the flood of Sandy-damaged cars is putting more pressure on the tight supply of late-model cars. Prices will go up at least 0.5% to 1.5% in December, said Jonathan Banks, an analyst with the National Automobile Dealers Assn. The dealer group said that amounts to a little more than $50 to $175 for the average used vehicle.

Auto information company Edmunds.com has a much higher estimate, saying that used-car prices will climb $700 to $1,000 "in the short term."

The price hikes will be highest on the East Coast but felt nationally, Banks said.

"We have seen a trend for dealers, regardless of where they are located, buying inventory online, and that means that geography is not as important as in the past," he said. "It used to be that dealers would buy cars from a physical auction near their dealership."

Pulling such a huge number of vehicles out of the U.S. fleet will have an effect at the national level, Banks said.

The problem is compounded by at least tens of thousands of new cars that were destroyed both at dealerships and storage yards in parts of New York and New Jersey hit hardest by the storm.

"Many dealers lost a significant amount of inventory. One Honda dealer told me he lost 600 new units," Banks said.

Fisker Automotive Inc., the Anaheim maker of $100,000 plug-in hybrid sports cars, said it lost 338 vehicles, with a retail value of nearly $34 million, at a port storage facility in New Jersey. Toyota Motor Corp. has said it might have lost as many as 4,500 new Toyota, Scion and Lexus vehicles to flooding and storm damage. American Honda Motor Co. said that more than 3,000 new vehicles at its dealers and storage yards suffered flood damage.

All this is going to create problems for consumers in the storm region who need to replace their rides quickly.

"Prices could really shoot up for consumers buying cars right away, because they will run into a severe inventory shortage," Banks said.

The dealers group believes that some replacement buying will start this month but will pick up in December and run through February. Banks expects that about 30% of buyers will purchase new cars and the remainder will choose used cars.

The buying, however, should provide a boost for the economy, said Edmunds.com Chief Economist Lacey Plache.

"Even if 100,000 damaged vehicles are replaced by the end of the year, it could boost auto sales 3% to 4% for the quarter," Plache said. "That has a positive effect on the economy overall."

jerry.hirsch@latimes.com





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Funeral for fallen firefighter: 'Our family has lost a real hero'









Led by the slow march of a drum and pipe corps, a fire truck pulled up to a Southwest Side church today bearing the flag-draped casket of Capt. Herbert "Herbie" Johnson, a 32-year veteran who died battling an extra-alarm fire.

As firefighters in dress uniforms stood at attention under dark skies, Johnson's casket was brought into St. Rita of Cascia Shrine Chapel past his family and hundreds of friends and colleagues.

"He was a bully for love and life," the Rev. Thomas McCarthy said during the packed funeral. "And for us, his friends, we are so lucky.

"He was there when anyone needed him," he said. "To go into a burning building and not think of yourself, that was Herbie Johnson."





Mayor Rahm Emanuel said Johnson was "someone who was recognized for his bravery."

"Our city is richer, our city is greater because Herbie Johnson blessed us with his presence," he said.

Johnson's younger brother, John, a Chicago police officer, struggled through tears as he spoke. "Mom and dad, Tommy's home," he said, calling his brother by his middle name.

"He was a firefighter to the end," he said. "Herbie, I could not be prouder of you."

Johnson's sister, Julie, recounted funny and touching family stories of her brother.

"We knew we could count on our older brother," she said. "Our family has lost a real hero. That was where my brother was meant to be. . .Please continue to love him."

As the funeral drew to a close, the church's bells tolled and the casket was carried down the aisle and to the waiting fire truck. Rows of firefighters outside saluted as American and Chicago flags snapped in the wind.

Before the service,  Crestwood Fire Chief Jon Bruce, 48, stood near a line of fire engines that stretched for nearly a block along Western Avenue near the church. "We're a brotherhood," he said.

"He will be missed by many but forgotten by none," said Lt. Rick Colby, 55, of the 19th battalion, who was assigned to the same fire engine as Johnson the day he died. "It's a somber day for all of us."

Looking around at the thousands of firefighters and police, Tom Munizzi said he was not surprised by the show of support.

"Everyone knew Herbie," said Munizzi, 54, also in the 19th battalion. "It shows you how much he was loved."

The somber crowd grew silent as the pipe and drum corps started playing. Purple ribbons were tied to the trees and light poles along the street in front of the church.

As Mayor Rahm Emanuel joined a line of saluting firefighters and police, Johnson's casket, draped in a Chicago flag, was lowered from the fire truck.

A second fire truck, draped in purple ribbons and flowers, bore Johnson's name and the lines, "Loved dearly by all and missed none the less. Captain Herbie Johnson, one of CFD's best."

A day earlier, firefighters crowded into the same Southwest Side church for the wake, some standing outside for nearly an hour.

"Anybody who does our job, we have a mutual respect and connection with," Barrington firefighter Kyle Racina, who never met Johnson, said as he stood outside the visitation. "He made the ultimate sacrifice for the job."

The visitation continued through the afternoon and into the evening as a steady stream of mourners waited in a line that sometimes stretched into the parking lot of the Catholic church at 7740 S. Western Ave. Cars, including police vehicles and firetrucks from all over the Chicago region, packed the neighboring streets, which were backed up with traffic for hours.

Johnson's brother, Ted, who also is a Chicago firefighter, said the tragedy still seems surreal. His family is struggling to deal with the loss but grateful for the outpouring of support from across the country, he said.

"I'm going to have to carry my brother's body to his grave," Johnson said on Wednesday. "But I'm going to have over 4,000 brothers and sisters right there with me."

Inside the chapel Wednesday, a line weaved in and out of the aisles as people chatted, cried and reminisced about Johnson and his large, tightknit family.

Pat Popek laughed as she recalled the time Johnson sported his grammar school basketball jersey at their 25th eighth-grade reunion.

"Believe me, it didn't fit him very well," she said with a smile. "But that was his personality."





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Exclusive: Google Ventures beefs up fund size to $300 million a year

SAN FRANCISCO (Reuters) - Google will increase the cash it allocates to its venture-capital arm to up to $300 million a year from $200 million, catapulting Google Ventures into the top echelon of corporate venture-capital funds.


Access to that sizeable checkbook means Google Ventures will be able to invest in more later-stage financing rounds, which tend to be in the tens of millions of dollars or more per investor.


It puts the firm on the same footing as more established corporate venture funds such as Intel's Intel Capital, which typically invests $300-$500 million a year.


"It puts a lot more wood behind the arrow if we need it," said Bill Maris, managing partner of Google Ventures.


Part of the rationale behind the increase is that Google Ventures is a relatively young firm, founded in 2009. Some of the companies it backed two or three years ago are now at later stages, potentially requiring larger cash infusions to grow further.


Google Ventures has taken an eclectic approach, investing in a broad spectrum of companies ranging from medicine to clean power to coupon companies.


Every year, it typically funds 40-50 "seed-stage" deals where it invests $250,000 or less in a company, and perhaps around 15 deals where it invests up to $10 million, Maris said. It aims to complete one or two deals annually in the $20-$50 million range, Maris said.


LACKING SUPERSTARS


Some of its investments include Nest, a smart-thermostat company; Foundation Medicine, which applies genomic analysis to cancer care; Relay Rides, a carsharing service; and smart-grid company Silver Spring Networks. Last year, its portfolio company HomeAway raised $216 million in an initial public offering.


Still, Google Ventures lacks superstar companies such as microblogging service Twitter or online bulletin-board company Pinterest. The firm's recent hiring of high-profile entrepreneur Kevin Rose as a partner could help attract higher-profile deals.


Soon it could have even more cash to play around with. "Larry has repeatedly asked me: 'What do you think you could do with a billion a year?'" said Maris, referring to Google chief executive Larry Page.


(Editing by Muralikumar Anantharaman)


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NHL, union hold labor talks a 3rd straight day

NEW YORK (AP) — The NHL and the players' association returned to the bargaining table Thursday, the third straight day the sides have met in an effort to end the lockout.

The work stoppage reached its 54th day, and this week is considered critical for the hockey season to be saved. The lockout is threatening to force the second cancellation of an NHL season in seven years.

Even if an agreement is reached soon, it isn't clear if any of this season's games that have been called off through Nov. 30 can be rescheduled. The NHL has already said a full 82-game season won't be played.

Owners and players had bargained for many hours over two days this week at an undisclosed site in New York. Little information about the talks has been disclosed by either side.

Thursday's discussions marked the fourth time in six days that face-to-face negotiations have taken place after both sides rejected proposals Oct. 18. The lockout, which began Sept. 16 after the collective bargaining agreement expired, has forced the cancellation of 327 regular-season games, including the New Year's Day Winter Classic in Michigan.

During a second consecutive day of marathon negotiations Wednesday, the players' association made an offer on revenue sharing, in which richer teams would help out poorer organizations, and another proposal regarding the "make-whole" provision that would guarantee full payment of all existing multiyear player contracts.

The NHL was expected to respond to both offers during talks Thursday.

Both issues are major hurdles in the way of making a deal. On Wednesday, the sides spent more than five hours dealing with the most contentious areas. Coupled with the more than seven hours they spent negotiating Tuesday, owners and players have been together about 13 hours this week.

"We do not intend to comment on the substance or subject matter," NHL deputy commissioner Bill Daly said in a statement Wednesday night.

NHLPA executive director Donald Fehr said the parties met to "discuss many of the key issues," but didn't elaborate Wednesday.

There is clearly still much to be done to work out the differences to reach a deal that will allow the already delayed and shortened season to begin.

Along with a handful of team owners, eight players attended Wednesday's talks, five fewer than Tuesday. Pittsburgh Penguins captain Sidney Crosby and others left New York to try to avoid the impending snowstorm that hit the area, the union said.

On Thursday, seven players were in attendance, according to the NHLPA.

In October, the players' association responded to an NHL offer with three of its own, but all of those were quickly dismissed by the league. That led to nearly three weeks without face-to-face discussions, although the parties kept in regular contact by phone.

Both sides have made proposals that included a 50-50 split of hockey-related revenues. The NHL has moved toward the players' side in the "make-whole" provision and whose share of the economic pie that money will come from.

Along with the split of hockey-related revenue and other core economic issues, contract lengths, arbitration and free agency also must be agreed upon.

The union accepted a salary cap in the previous labor pact, which wasn't reached until after the entire 2004-05 season was canceled because of a lockout. The union doesn't want to absorb the majority of concessions this time after the NHL had record revenue that exceeded $3 billion last season.

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Look who’s talking! Kirstie Alley calls Travolta “greatest love”
















LOS ANGELES (Reuters) – Actress Kirstie Alley described on Wednesday how she fell in love more than 20 years ago with John Travolta, and rejected widespread Hollywood speculation that the “Grease” star is secretly gay.


Alley, former star of the 1980s TV comedy “Cheers,” told ABC television journalist Barbara Walters that she fell for both Travolta and actor Patrick Swayze in the 1980s, although their romances never got physical.













Alley, 61, said she was attracted to Travolta while the pair were making the 1989 movie “Look Who’s Talking,” calling him “the greatest love of my life.”


“Believe me, it took everything I had inside, outside, whatever, to not run off and marry John and be with John for the rest of my life,” Alley told Walters in an interview broadcast on breakfast TV show “Good Morning America.”


Asked by Walters to comment on persistent rumors about Travolta’s sexuality, she said: “I know John with all my heart and soul. He’s not gay.”


Alley added: “I think in some weird way, in Hollywood, if someone gets big enough and famous enough, and they’re not out doing drugs and they’re not womanizing, what do you say about them?”


Travolta was single at the time, but Alley was on her second marriage, so she never pursued her feelings, she explained.


Travolta later married actress Kelly Preston, his wife for the past 20 years. But the actor was the target of two lawsuits earlier this year, which were quickly dropped, from two male masseurs who claimed Travolta made unwanted sexual advances.


Alley, who talks more about her love life in her new book, “The Art of Men,” said she fell for Swayze while they were filming the 1985 Civil War TV miniseries “North and South.”


“We did fall in love. I was more willing to break up my marriage and I wasn’t willing to break up his marriage,” Alley said, explaining why the relationship failed to go further.


Swayze, best known for his lead role in “Dirty Dancing,” died of pancreatic cancer in 2009 at the age of 57. He was married to dancer Lisa Niemi from 1975 until his death.


Alley has been married twice. Her second marriage, to actor Parker Stevenson, ended in 1997.


(Reporting by Jill Serjeant; editing by Matthew Lewis)


Celebrity News Headlines – Yahoo! News



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Obama's health care overhaul turns into a sprint

WASHINGTON (AP) — The long slog has turned into a sprint. President Barack Obama's health care law survived the Supreme Court and the election; now the uninsured can sign up for coverage in about 11 months.

"We are out of the political gamesmanship and into the reality," said Sandy Praeger, Kansas' Republican insurance commissioner. Next week, states have to say if they're committed to building the framework for delivering health insurance to millions.

Not all hurdles have been cleared.

Republican governors who derided "Obamacare" have to decide whether it's better for their states to now help carry it out. The administration could stumble carrying out the complex legislation, or get tripped up if budget talks with Congress lead to scaling back the plan.

"We are still going to be struggling through the politics, and there are important policy hurdles and logistical challenges," said Andrew Hyman of the nonpartisan Robert Wood Johnson Foundation, helping states carry out the law. "But we are on a very positive trajectory."

Instead of being dismantled by a Republican president and Congress, Obama's law is now on track to take its place alongside Medicare and Medicaid. The action starts right away.

A week from Friday, states must notify Washington if they'll be setting up new health insurance markets, called exchanges, in which millions of households and small businesses will shop for private coverage. The Health and Human Services Department will run the exchanges in states that aren't ready or willing.

Open enrollment for exchange plans is scheduled to start Oct. 1, 2013, and coverage will be effective Jan. 1, 2014.

In all, more than 30 million uninsured people are expected to gain coverage under the law. About half will get private insurance through the exchanges, with most receiving government help to pay premiums.

The rest, mainly low-income adults without children at home, will be covered through an expansion of Medicaid. While the federal government will pay virtually all the additional Medicaid costs, the Supreme Court gave states the leeway to opt out of the expansion. That adds to the uncertainty over how the law will be carried out.

A steadying force within the administration is likely to be HHS Secretary Kathleen Sebelius. The former Kansas governor has said she wants to stay until the law is fully enacted. "I can't imagine walking out the door in the middle of that," she told The Kansas City Star during the Democratic convention. Her office declined to comment.

Governors will be the main counterparts to Sebelius, and Republicans are leading more than half the states.

Some, like Rick Perry of Texas and Rick Scott of Florida, have drawn a line against helping carry out Obama's law. In other states, voters have endorsed a hard stance. Missouri voters passed a ballot measure Tuesday that would prohibit establishment of a health insurance exchange unless the Legislature approves. State-level challenges to the federal law will continue to percolate.

Other GOP governors have been on the fence, awaiting the outcome of the election. All eyes will be on pragmatists like Chris Christie of New Jersey and Bob McDonnell of Virginia, whose states have done considerable planning to set up exchanges.

"Republican governors are at the center of the health care universe right now," said Michael Ramlet, health policy director at the American Action Forum, a conservative think tank. "They do not have a uniform position across the board."

GOP governors are pressing Sebelius on whether the administration will approve partial, less costly Medicaid expansions, making it more attractive to cash-pressed states.

On health insurance exchanges, some governors whose states aren't ready are considering the administration's fallback offer to run the new markets through a partnership.

"The real question for Republican governors is: 'Are you going to let the feds come into your state?'" Ramlet said. "The question for the Obama administration is whether they are going to have more flexibility."

Major regulations are due shortly covering such issues as exchange operations, benefits and protections for people with pre-existing health problems. That could signal the administration's willingness to compromise.

A recent check by The Associated Press found 17 states and the District of Columbia on track to setting up their own exchanges, while nine have decided not to do so. The federal government could end up running the show in half or more of the states.

The states on track include California, Colorado, Connecticut, Hawaii, Kentucky, Maryland, Massachusetts, Minnesota, Mississippi, Nevada, New York, Oregon, Rhode Island, Utah, Vermont, Washington, and West Virginia.

Definitely not setting up exchanges are Alaska, Florida, Louisiana, Maine, New Hampshire, South Carolina, South Dakota, Texas and Wisconsin. Missouri and others are likely to join the list.

As far as Medicaid, 11 states and the District of Columbia have indicated they will expand their programs, while six have said they will not. That leaves more than 30 undecided.

The states definitely expanding Medicaid include California, Connecticut, Delaware, Hawaii, Illinois, Maryland, Massachusetts, Minnesota, New York, Vermont, and Washington. Those declining include Florida, Georgia, Louisiana, Mississippi, South Carolina, and Texas.

On Capitol Hill, Republicans say if a budget deal is going to include tax increases, it must also come with cuts to the health care law, or money-saving delays in its implementation.

While major changes can't be ruled out, they don't seem very likely to former Senate Majority Leader Tom Daschle, D-S.D., who is close to the administration.

"I think Democrats are increasingly emboldened about the health care act," Daschle said. "The president won re-election partly by defending it. There is a new dynamic around the health care effort."

Republican attempts to amend the law will continue, he said, but outright repeal is no longer a possibility, adding: "Budgetary issues will continue to be a big question mark."

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