BP workers charged in Gulf oil spill disaster in 2010












Two men who worked for BP during the 2010 Gulf oil spill disaster have been charged with manslaughter and a third with lying to federal investigators, according to indictments made public Thursday, hours after BP announced it was paying $4.5 billion in a settlement with the U.S. government over the disaster.

A federal indictment unsealed in New Orleans claims BP well site leaders Robert Kaluza and Donald Vidrine acted negligently in their supervision of key safety tests performed on the Deepwater Horizon drilling rig before the explosion killed 11 workers in April 2010. The indictment says Kaluza and Vidrine failed to phone engineers onshore to alert them of problems in the drilling operation.











Another indictment charges David Rainey, who was BP's vice president of exploration for the Gulf of Mexico, on charges of obstruction of Congress and false statements. The indictment claims the former executive lied to federal investigators when they asked him how he calculated a flow rate estimate for BP's blown-out well in the days after the April 2010 disaster.

Before Thursday, the only person charged in the disaster was a former BP engineer who was arrested in April on obstruction of justice charges. He was accused of deleting text messages about the company's response to the spill.

Earlier in the day, BP PLC said it would plead guilty to criminal charges related to the deaths of 11 workers and lying to Congress.

The day of reckoning comes more than two years after the nation's worst offshore oil spill. The figure includes nearly $1.3 billion in criminal fines — the biggest criminal penalty in U.S. history — along with payments to certain government entities.

“We believe this resolution is in the best interest of BP and its shareholders,” said Carl-Henric Svanberg, BP chairman. “It removes two significant legal risks and allows us to vigorously defend the company against the remaining civil claims.”

The settlement, which is subject to approval by a federal judge, includes payments of nearly $2.4 billion to the National Fish and Wildlife Foundation, $350 million to the National Academy of Sciences and about $500 million to the Securities and Exchange Commission. The SEC accused BP of misleading investors by lowballing the amount of crude spewing from the ruptured well.

London-based BP said in a statement that the settlement would not cover any civil penalties the U.S. government might seek under the Clean Water Act and other laws. Nor does it cover billions of dollars in claims brought by states, businesses and individuals, including fishermen, restaurants and property owners.

A federal judge in New Orleans is weighing a separate, proposed $7.8 billion settlement between BP and more than 100,000 businesses and individuals who say they were harmed by the spill.

BP will plead guilty to 11 felony counts of misconduct or neglect of a ship's officers, one felony count of obstruction of Congress and one misdemeanor count each under the Migratory Bird Treaty Act and the Clean Water Act. The workers' deaths were prosecuted under a provision of the Seaman's Manslaughter Act. The obstruction charge is for lying to Congress about how much oil was spilling.

The penalty will be paid over five years. BP made a profit of $5.5 billion in the most recent quarter. The largest previous corporate criminal penalty assessed by the U.S. Justice Department was a $1.2 billion fine imposed on drug maker Pfizer in 2009.


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RIM to spice BlackBerry 10 AppWorld with local flavors

WATERLOO, Ontario (Reuters) - Research In Motion is pushing for app quality, not quantity, with its make-or-break BlackBerry 10 devices set for launch on January 30, and targeting applications to customers in various regions.


RIM's projected 100,000 apps - a record for any new platform at launch - will still be a fraction of those available on Apple Inc or Google Inc devices.


But it is a stronger showing than RIM's PlayBook tablet computer which was slammed at its 2011 launch for a dearth of apps and incomplete software.


In an interview with Reuters on Wednesday, RIM Chief Executive Thorsten Heins admitted that app libraries play a crucial role in the success or failure of smartphones. But he said the game is not just about numbers.


"The tactic we are deploying is by country and by region. We are aiming to have the most important 200 to 400 apps available, because many applications are regional and they really do have a regional flavor," Heins said.


RIM says it aims to offer both the most popular applications in the market, and also those most relevant to Blackberry aficionados - people Heins described as hyper-connected multi-taskers who need to get things done.


RIM's ultra-secure BlackBerry was once the smartphone of choice for government and corporate elites. But rivals have taken giant bites out of RIM's market share, especially in North America, and the company's stock has slumped. The BlackBerry remains popular in many emerging markets, partly for its popular BBM messaging system.


With this in mind, RIM has hosted events with developers across the globe.


"We've done 30 jam conferences in various cities all around the world, to get the bucket filled with meaningful local apps and not just a huge bunch of applications that you collect and throw at your audience," he said. "It is a very, very targeted approach."


Heins, who has met with customers and carriers in a series of whirlwind global tours, came across as relaxed and confident in the interview, in RIM's Waterloo headquarters.


Speaking rapid fire English with just a hint of an accent from his native Germany, he acknowledged that RIM's fate may depend on the success of BB10, but he said feedback from clients has been very encouraging.


RIM hopes its new line of BB10 smartphones will help it claw back market share from Apple's iPhone and devices powered by Google's Android operating system. Developers say like what they see, but analysts are not convinced that RIM's gamble on BB10 will succeed.


BIG NAME DRAWS


In terms of numbers, RIM's app offering will remain far behind the Apple and Google app stores, each of which boast over 700,000 apps. But Heins said he was not worried.


"In my view it is really short-sighted to say, you have 600,000, you have 400,000 and you only have 100,000 apps, so you are not good," he said.


"Look at how many actually get downloaded. ... BlackBerry App World today is still the most profitable portal for application developers - it has the highest number of paid for downloads."


In a small dig at his rivals, he added: "We don't have 1,500 Solitaire apps. That is not what Blackberry is about."


RIM has already said it plans business focused apps from the likes of Cisco WebEx, Box, SAP and Blackboard, as well as music and movie apps like TuneIn, Nobex and Popcornflix and gaming apps from developers like Gameloft, Halfbrick and Paw Print Games.


Heins has said social networks such as LinkedIn, Foursquare, Twitter and Facebook will all have apps for BB10 at launch. But he declined to name any of the other big name apps that RIM will have on board come launch day.


"Allow me to talk to you about this on January 30, otherwise I'm losing a lot of thunder," he said.


(Editing by Janet Guttsman and Richard Chang)


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R.A. Dickey, David Price win Cy Young awards

NEW YORK (AP) — R.A. Dickey languished in the minors for 14 years, bouncing from one team to another before finally perfecting that perplexing knuckleball that made him a major league star.

David Price was the top pick in the draft and an ace by age 25, throwing 98 mph heat with a left arm live enough to make the most hardened scout sing.

Raised only 34 miles apart in central Tennessee, Dickey and Price won baseball's Cy Young awards on Wednesday — one by a wide margin, the other in a tight vote.

Two paths to the pantheon of pitching have rarely been more different.

"Isn't that awesome?" said Dickey, the first knuckleballer to win a Cy Young. "It just shows you there's not just one way to do it, and it gives hope to a lot of people."

Dickey said he jumped up and yelled in excitement, scaring one of his kids, when he saw on television that Price edged Justin Verlander for the American League prize. Both winners are represented by Bo McKinnis, who watched the announcements with Dickey at his home in Nashville, Tenn.

"I guess we can call him Cy agent now," Price quipped on a conference call.

The hard-throwing lefty barely beat out Verlander in balloting by the Baseball Writers' Association of America, preventing the Detroit Tigers' ace from winning consecutive Cy Youngs.

Runner-up two years ago, Price was the pick this time. He received 14 of 28 first-place votes and finished with 153 points to 149 for Verlander, chosen first on 13 ballots.

"It means a lot," Price said. "It's something that I'll always have. It's something that they can't take away from me."

Other than a 1969 tie between Mike Cuellar and Denny McLain, it was the closest race in the history of the AL award.

Rays closer Fernando Rodney got the other first-place vote and came in fifth.

The 38-year-old Dickey was listed first on 27 of 32 National League ballots and totaled 209 points, 113 more than 2011 winner Clayton Kershaw of the Los Angeles Dodgers. Washington lefty Gio Gonzalez finished third.

Cincinnati right-hander Johnny Cueto and Atlanta closer Craig Kimbrel each received a first-place vote, as did Gonzalez. Kershaw had two.

Dickey joined Dwight Gooden (1985) and three-time winner Tom Seaver as the only Mets to win the award. The right-hander went 20-6 with a 2.73 ERA, making him the club's first 20-game winner since Frank Viola in 1990, and became the first major leaguer in 24 years to throw consecutive one-hitters.

Perhaps most impressive, Dickey did it all during a season when the fourth-place Mets finished 74-88.

"It just feels good all over," he said on MLB Network.

Dickey switched from conventional pitcher to full-time knuckleballer in a last-ditch effort to save his career. It took him years to finally master the floating, darting pitch, which he often throws harder (around 80 mph) and with more precision than almost anyone who used it before him.

"I knew what I was going to be up against in some regard when I embraced this pitch," Dickey said.

He was the first cut at Mets spring training in 2010 but earned a spot in the big league rotation later that season and blossomed into a dominant All-Star this year. He led the NL in strikeouts (230), innings (233 2-3), complete games (five) and shutouts (three) — pitching through an abdominal injury most of the way.

"I am not a self-made man by any stretch of the imagination," Dickey said. "The height of this story, it's mind-blowing to me, it really is."

A member of the 1996 U.S. Olympic team and a first-round draft pick out of Tennessee, Dickey was devastated when the Texas Rangers reduced their signing-bonus offer from more than $800,000 to $75,000 after they discovered during a physical that he was missing a major ligament in his pitching elbow.

Undeterred, perseverance got him to the big leagues anyway. When he failed, the knuckleball brought him back.

Among those he thanked ceaselessly for helping him on that long and winding road to success were all his proud knuckleball mentors, including Charlie Hough, Tim Wakefield and Hall of Famer Phil Niekro.

"It brings a real degree of legitimacy I think to the knuckleball fraternity and I'm glad to represent them and I'm certainly grateful to all those guys," Dickey said. "This was a victory for all of us."

Dickey said he received 127 text messages and 35-40 phone calls in the moments immediately following the Cy Young announcement.

The only call he took was from Niekro, a 318-game winner from 1964-87. The first texts Dickey responded to were from Wakefield and Hough.

"Most well-deserved," Niekro said in a comment provided by the Hall of Fame. "I'm super proud of him, as a pitcher and as an individual."

Dickey has one year left on his contract at $5.25 million and New York general manager Sandy Alderson has said signing the pitcher to a multiyear deal is one of his top offseason priorities. Alderson, however, would not rule out trading his unlikely ace.

"I believe the Mets are going to be a lot better and I want to be part of the solution," Dickey said, adding that he hopes the sides can strike a deal and he'd be happy to end his career in New York.

"I want to be loyal to an organization that's given me an opportunity," he said. "At the same time, you don't want to be taken advantage of. I've been on that side of it, too, as a player."

Price went 20-5 to tie Jered Weaver for the American League lead in victories and winning percentage. The 27-year-old lefty had the lowest ERA at 2.56 and finished sixth in strikeouts with 205.

Verlander, also the league MVP a year ago, followed that up by going 17-8 with a 2.64 ERA and pitching the Detroit Tigers to the World Series. He led the majors in strikeouts (239), innings (238 1-3) and complete games (six).

Price tossed 211 innings in 31 starts, while Verlander made 33. One factor that could have swung some votes, however, was this: Price faced stiffer competition in the rugged AL East than Verlander did in the AL Central.

"I guess it's a blessing and a curse at the same time," Price said. "There's not an easy out in the lineups every game. It feels like a postseason game."

The No. 1 pick in the 2007 amateur draft out of Vanderbilt, Price reached the majors the following year and has made three straight All-Star teams.

Despite going 19-6 with a 2.72 ERA in 2010, he finished a distant second in Cy Young voting to Felix Hernandez, who won only 13 games for last-place Seattle but dominated most other statistical categories that year.

The two MVP awards will be announced Thursday. Verlander's teammate, Triple Crown winner Miguel Cabrera, is a leading contender in the American League.

NOTES: The last AL pitcher to win back-to-back Cy Youngs was Boston's Pedro Martinez in 1999 and 2000. San Francisco RHP Tim Lincecum did it in the National League in 2008-09. ... Price and Dickey became the fourth pair of Cy Young winners born in the same state, according to STATS. The others were Jim Lonborg and Mike McCormick in 1967 (California), Viola and Orel Hershiser in 1988 (New York) and Pat Hentgen and John Smoltz in 1996 (Michigan). ... Niekro and his brother, Joe, both finished second in Cy Young voting, as did fellow knuckleballer Wilbur Wood.

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GOP-led states start warming up to health care law

WASHINGTON (AP) — From the South to the heartland, cracks are appearing in the once-solid wall of Republican resistance to President Barack Obama's health care law.

Ahead of a federal deadline Friday for states to declare their intentions, Associated Press reporters interviewed governors and state officials around the country, finding surprising openness to the changes in some cases. Opposition persists in others, and there is a widespread, urgent desire for answers on key unresolved details.

The law that Republicans have derided as "Obamacare" was devised in Washington, but it's in the states that Americans will find out if it works, delivering promised coverage to more than 30 million uninsured people.

States have a major role to play in two of the overhaul's main components: new online insurance markets for individuals and small businesses to shop for subsidized private coverage, and an expanded Medicaid program for low-income people.

Friday is the day states must declare if they'll build the new insurance markets, called exchanges, or let Washington do it for them. States can also opt for a partnership with the feds to run their exchanges, and they have until February to decide on that option.

Some glimpses of grudging acceptance across a shifting scene:

— One of the most visible opponents of Obama's overhaul, Florida Republican Gov. Rick Scott, now says "if I can get to 'yes,' I want to get to 'yes.'"

Florida was a leader in the failed effort to overturn the law in the Supreme Court, and a group formed by Scott ran TV ads opposing it before it passed Congress. But the governor told the AP this week he wants to negotiate with the federal government to try to help the nearly 4 million uninsured people in his state.

— In Iowa, GOP Gov. Terry Branstad says he is postponing a decision because Washington has not provided enough information about key details. But his spokesman, Tim Albrecht, said Iowa is exploring a partnership exchange that could include several states. Albrecht said they're confident they can get to a state option if needed.

Ohio, like Florida and Iowa a state Obama carried in the election, is leaning toward a partnership with the federal government despite GOP officials' continued misgivings about the law.

— In Mississippi, Republican insurance commissioner Mike Chaney formally notified Washington on Wednesday that his agency will proceed with a state-run exchange, disappointing GOP Gov. Phil Bryant, who remains staunchly opposed to Obama's law.

Chaney, too, says he wishes the law could be repealed, but he worries that "if you default to the federal government, you forever give the keys to the state's health insurance market to the federal government."

As for trying to fight the feds, Chaney observed: "We tried that 150 years ago in the South, and it doesn't work."

— In New Mexico, the administration of Republican Gov. Susana Martinez had been quietly working to put the law into place as the political storm swirled. With a fifth of its population uninsured, the state is planning to run its own exchange.

"The party is over. The opposition is over," New Mexico Human Services Secretary Sidonie Squier told the AP. "Whatever states didn't think they were going to do it, I think they're going to have to do it whether they like it or not. It's a done deal now."

Policy experts in Washington are noticing the shift.

"I think it's a very practical decision for states now," said Alan Weil, executive director of the nonpartisan National Academy for State Health Policy. "We are going to have a significant number of states running their own exchanges, a significant number where the federal government is running the exchange, and a significant number of partnerships. The bottom line is we are going to have to figure out how to make all three models work."

Although the public remains divided about the health care law, the idea of states running the new insurance markets is popular, especially with Republicans and political independents. A recent AP poll found that 63 percent of Americans would prefer states to run the exchanges, with 32 percent favoring federal control.

The breakdown among Republicans was 81-17 in favor of state control, while independents lined up 65-28 for states taking the lead. Democrats were almost evenly divided, with a slim majority favoring state control.

There are several potential benefits to a state operating its own exchange, experts say.

The biggest advantage may be that states would be more closely involved in coordinating between the exchanges and Medicaid programs. Because many people are going to be going back and forth between Medicaid and private coverage in the exchanges, states would probably be better served by a hands-on role.

States can also decide whether to allow open access to all insurers, or work only with a panel of pre-screened companies that meet certain requirements.

Also, the exchanges will offer coverage to people buying in the individual and small business markets, areas that states have traditionally regulated. Without a state-run exchange, states could be dealing their own regulators out of the equation, as Mississippi's insurance commissioner Chaney noted.

When the legislation was being considered in Congress, Democrats in the House wanted to have a national exchange administered by the federal government. But they lost the argument with their centrist Democratic counterparts in the Senate, who wanted state exchanges in order to preserve a state role.

Despite signs of movement toward going along with implementation of the overhaul, some major Republican-led states are holding fast. In Texas, the election results did not change any of the opposition to expanding Medicaid or to setting up insurance exchanges. The same holds for Louisiana, South Carolina, Missouri, Kansas and others.

"Adding more people to an already sinking ship with money that is either being borrowed from China or coming out of taxpayers' pockets is bad policy and bad for Texans," said Catherine Frazier, spokeswoman for Gov. Rick Perry. Twenty-seven percent of that state's residents are uninsured, the largest percentage for any state.

Many Republican state officials complain that the Obama administration simply hasn't given them enough information. Indeed, several major regulations affecting the exchanges have yet to be released. But that doesn't seem to have stopped states that made an early decision to proceed.

Virginia, a Republican-led state that voted for Obama on Nov. 6 and also elected a Democratic U.S. senator, is among those defaulting to Washington. But a spokesman for Gov. Bob McDonnell said things may change.

"This is not a final decision," said Jeff Caldwell. "The fact is, states still need far more information before any final decisions can be made on behalf of Virginia's taxpayers." The final call, he added, belongs to the state Legislature.

___

Associated Press writers Gary Fineout and Kelli Kennedy in Florida, Grant Schulte in Nebraska, Ann Sanner in Ohio, Jeff Amy and Emily Wagster Pettus in Mississippi, Barry Massey in New Mexico and Chris Tomlinson in Texas contributed to this report.

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Holidays become a cable TV industry

NEW YORK (AP) — If the holidays still seem a long way off, you clearly haven't done much television channel surfing lately.

The Hallmark channel has already begun two months of wall-to-wall holiday programming. Lifetime has ramped up its seasonal selections with 10 new made-for-TV movies, the first one airing last weekend. ABC Family's annual "25 Days of Christmas" programming isn't enough, so they do a "Countdown to 25 Days of Christmas," starting Sunday.

This is in addition to all the old favorites, from Charlie Brown to Frosty the Snowman, that will fill broadcast network schedules during the next month. An already popular television genre is growing in power, judging by the 22 new movies Hallmark and Lifetime are rolling out between them, and a new Disney holiday musical.

"This is a strategy that developed naturally from demand," said Rob Sharenow, executive vice president of programming at the Lifetime networks. "It's really giving people what they want."

A sneak preview of the movie "Christmas Song" on Hallmark Nov. 3 was a hit that left the network second behind ESPN in cable viewership at that time, the Nielsen company said. Hallmark's 2006 movie, "The Christmas Card," is still the network's most-watched original movie and will be repeated again this season.

"Others try and emulate and replicate and copy what we do, but because of our brand, no one can do it like we do," said Bill Abbott, president and CEO of the Hallmark Channels.

Lifetime's aggressive investment makes it the relative newcomer in this area. The longtime maker of TV movies that appeal to women is coming off its biggest success in years, October's "Steel Magnolia" remake with Queen Latifah, which surprised even network executives with its potency.

Its movies feature Mira Sorvino, Shelley Long, George Wendt and Lea Thompson. Wendt and Long play Mr. and Mrs. Santa Claus as they're about to meet their future daughter-in-law, Ralph Macchio is a former dance champion who comes back to win a Christmas Eve dance contest, and Thompson is featured in "Love at the Christmas Table."

Happy endings abound. Don't expect any holiday shootouts.

Beyond the new originals, Lifetime is airing more than 50 seasonal films, the biggest commitment in its history.

"In the times we're in, people want to feel good," Sharenow said. "People are definitely gravitating toward feel-good escapism and having fun and that's what these movies do. They're like little Christmas gifts."

Hallmark, part of a company that also sells Christmas cards, is a natural for holiday programming. This is the fourth year that the network essentially shuts down its regular programming for two full months to devote itself to the genre. The holiday focus began on Nov. 9 and ends Jan. 2.

There's a risk both in overkill and having fans get out of the habit of watching the network's regular shows, Abbott said, "but we have found over the years that our viewers really look forward to it and really want it."

Hallmark's original movies are premiering every Saturday and Sunday night heading into Christmas.

With titles like "Hitched for the Holidays," ''A Bride for Christmas," ''Matchmaker Santa," ''Come Dance With Me" and "Love at the Thanksgiving Day Parade," the focus is pretty clear.

While confident of the programming strategy's ultimate success, Abbott said it is clear that Hallmark has more competition. "We sleep with one eye open," he said.

ABC Family's holiday focus is primarily on movies that started in theaters, like "Home Alone" and "Elf." Its own production is "The Mistle-Tones," about a woman who creates her own Christmas singing group after being turned down for a spot in a well-known group.

The network's "countdown" programming includes the premiere of the movie "Home Alone: The Holiday Heist" on the Sunday after Thanksgiving.

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Eurozone slides back into recession









The Eurozone is back in a recession, its first in three years, as gross domestic product for the debt-plagued 17-nation bloc contracted 0.1 percent in the third quarter from the earlier quarter.

In the second quarter, the currency collective tightened 0.2 percent, according to the official European Union statistics agency, Eurostat. Two consecutive quarterly slips make a recession.






Compared with a year earlier, GDP is down 0.6 percent. Eurostat said last month that unemployment in the bloc was at a record high of 11.6 percent. Protests and strikes rippled across Europe on Wednesday.

Growth in core countries such as Germany and France couldn't counteract the plunges in long-struggling, austerity-bound nations such as Spain and Italy. Portugal took an especially nasty 0.8 percent dive.

Even countries that had been expanding took a dive, with the Netherlands experiencing a 1.1 percent squeeze and Austria contracting 0.1 percent. Germany saw its growth slow to 0.2 percent in the third quarter from 0.3 percent in the second.

France, however, reversed a string of flat or down quarters with 0.2 percent expansion.

The wider, 27-member European Union escaped recession, its GDP advancing 0.1 percent in the third quarter after tightening 0.2 percent in the second. In Britain., fresh off the Summer Olympics, the economy boomed 1 percent after a 0.4 percent drop.

A separate Eurostat report Thursday showed annual inflation in the euro-currency area down to 2.5 percent in October, from 2.6 percent the previous month.

In a speech Thursday, European Central Bank President Mario Draghi urged governments to avoid tax hikes in favor of spending cuts as a strategy for fiscal consolidation. He also stressed the need for "calm pragmatism going forward.

"It is essential that all parties involved in Europe's large and complex path of reforms stick to their commitments," Draghi said.



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Obama: No evidence of security breach in Petreaus scandal












President Barack Obama said Wednesday he has seen no evidence that national security was threatened by the widening sex scandal that ensnared his former CIA director and top military commander in Afghanistan.

In his first postelection news conference, Obama also reaffirmed his belief that the U.S. can't afford to continue tax cuts for the wealthiest Americans, a key sticking point in negotiations with Republicans over the impending "fiscaPresident Barack Obama said Wednesday he has seen no evidence that national security was threatened by the widening sex scandal that ensnared his former CIA director and top military commander in Afghanistan.









Facing questions from reporters, Obama also reaffirmed his belief that the U.S. can't afford to continue tax cuts for the wealthiest Americans, a key sticking point in negotiations with Republicans over the impending "fiscal cliff." He said, "The American people understood what they were getting" when they voted for him after a campaign that focused heavily on taxes.

And he defiantly told critics of U.N. Ambassador Susan Rice, a potential candidate to lead the State Department, that they should "go after me" — not her — if they have issues with the administration's handling of the deadly attacks on Americans in Benghazi, Libya. His words were aimed at Republican Sens. John McCain and Lindsey Graham, who have vowed to block Rice's potential nomination.

The president addressed those topics and others for about 50 minutes in his first news conference since he won re-election last week. His party also picked up seats in both houses of Congress, but the president refrained from claiming a broad mandate, other than for protecting middle class families.

The tangled email scandal that cost David Petraeus his CIA career and led to an investigation of Gen. John Allen has disrupted Obama's plans to keep a narrow focus on the economy coming out of the election. And it has overshadowed his efforts to build support behind his re-election pledge to make the wealthy pay more in taxes in order to reduce the federal deficit.

Obama said he hoped the scandal would be a "single side note" in Petraeus' otherwise extraordinary career.

Petraeus resigned as head of the CIA last Friday because of an extramarital affair with his biographer, Paula Broadwell, who U.S. officials say sent harassing emails to a woman she viewed as a rival for the former general's affection. The investigation revealed that that woman, Jill Kelley, also exchanged sometimes-flirtatious messages with Allen.

Obama brushed aside questions about whether he was informed about the FBI investigations that led to the disclosures quickly enough. White House officials first learned about the investigations last Wednesday, the day after the election, and Obama was alerted the following day.

"My expectation is that they follow the protocols that they've already established," Obama said. "One of the challenges here is that we're not supposed to meddle in criminal investigations and that's been our practice."

Turning back to the economy, the president vowed not to cave to Republicans who have pressed for tax cuts first passed by George W. Bush to be extended for all income earners. Obama has long opposed extending the cuts for families making more than $250,000 a year, but he gave into GOP demands in 2010 when the cuts were up for renewal.

That won't happen this time around, he said Wednesday.

"Two years ago the economy was in a different situation," Obama said. "But what I said at the time was what I meant. Which was this is a one-time proposition."

The president and Congress are also seeking to avoid across-the-board spending cuts scheduled to take effect because lawmakers failed to reach a deal to reduce the federal deficit. Failure to act would lead to spending cuts and higher taxes on all Americans, with middle-income families paying an average of about $2,000 more next year, according to the nonpartisan Tax Policy Center.

Obama said he was "open to new ideas" but would not allow current tax rates to continue for the top 2 percent of wage earners, drawing a line for Republicans who say they will not tolerate any tax rate increases. Asked if the tax rates for the rich had to return to Clinton-era levels, Obama indicated he was open to negotiations.

Looking ahead to his second-term agenda, Obama pledged quick action on comprehensive immigration reform, but said climate change would be a tougher slog. There was little action on either issue during his first term.

Obama said he expected that a comprehensive immigration reform bill would be introduced "very soon after my inauguration." The White House is already engaged in conversations with Capitol Hill.

He said the legislation should make permanent the administrative changes he made earlier this year that allow some young illegal immigrants to remain in the country legally. He said that the overall bill should include a "pathway to legal status" for the millions of immigrants who are in the U.S. illegally but haven't committed crimes unrelated to immigration.

On climate change, Obama said he would soon start conversations with Congress and industry to sound out their positions.

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Facebook stock jumps as share lockup expires

SAN FRANCISCO (Reuters) - Shares of Facebook Inc jumped as much as 11.2 percent on Wednesday, as investors breathed a sigh of relief that expiring trading restrictions on a huge block of shares did not trigger an immediate wave of insider selling.


"While the lockup is expiring, there is nothing requiring anybody to sell," said Tim Ghriskey, chief investment officer at Solaris Group in Bedford Hills, New York. "Given the low price, these long-term holders are deciding to hold the stock, and that is lifting it here as the fear of the expiration subsides."


Roughly 800 million Facebook shares were eligible for sale on Wednesday after restrictions on insider selling were lifted on the biggest block since Facebook's May initial public offering.


The lockup expiration greatly expands the 921-million-share "float" available for trading on the market until now.


"We've seen this before with other lockups. People sell them leading up to the lockup period expiring, and then they have a bit of a relief rally," said Ryan Jacob, chief executive of the Jacob Funds, which does not own Facebook shares.


In August, shares of the online reviews website Yelp Inc surged by more than 20 percent on the day that insider trading restrictions expired. That stock's rally was boosted as short-sellers scrambled to cover their positions when the expected flood of selling failed to materialize, say analysts.


Facebook shares were up 10.3 percent at $21.90 in heavy mid-day trading on the Nasdaq, off an earlier high at $22.09.


"I'm sure we're seeing some selling from guys whose shares are unlocking, but the supply is not nearly as much as everybody expected," said Arvind Bhatia, an analyst with Sterne, Agee & Leach.


The world's No. 1 online social network became the only U.S. company to debut with a market value of more than $100 billion. But its value has dropped nearly 50 percent since the IPO on concerns about money-making prospects over the long term.


Insider trading lockup provisions started to expire in August, and the rolling expirations have added to the pressure on the stock.


Restrictions on insider selling have expired in waves. A limitation on more than 200 million shares expired on October 29.


COST OF SHORTING


Pivotal Research Group analyst Brian Wieser said he did not expect Facebook insiders to sell all of their shares as the lockups expired.


"I would expect heavy volumes over the next few weeks, but not undigestible volumes," said Wieser. By his estimate, roughly 486 million of the nearly 800 million newly freed Facebook shares will be sold.


There is some evidence the heavy interest in "shorting" the stock was dissipating, given the poor performance since it first sold shares in May. Investors who believe a stock will fall can bet against it by shorting the stock - that is, borrowing it and selling it in the hopes it will decline.


According to Markit, a financial information services company, about 28 percent of the shares available for short-selling were being borrowed for that purpose, down from a high of more than 80 percent in early August.


Similarly, SunGard's Astec Analytics, which also tracks interest in shorting, noted that the cost of borrowing Facebook shares is down more than 50 percent since the beginning of the month.


"Everything would seem to indicate the market is losing its appetite to short Facebook," wrote Karl Loomes, market analyst at Astec.


The cost of shorting Facebook has declined to 0.18 percent on an annualized basis, Astec said on Wednesday. By contrast, shortly after the IPO, the cost to short the stock ranged from 40 percent to 50 percent annually.


"It's become somewhat of a controversial stock. It always adds fuel to the fire if you have a sizable short position," said Stephen Massocca, managing director at Wedbush Morgan in San Francisco.


"But the unlock is not new news. It doesn't mean everyone is going to sell, and it doesn't mean every order is going to come in today."


Facebook, with roughly 1 billion users, has faced a tough reception on Wall Street amid concerns about its slowing revenue growth and nascent advertising efforts on mobile devices.


But the company delivered better-than-expected third-quarter results on October 23 and revealed that 14 percent of its advertising revenue is now from mobile ads, reassuring some investors it was beginning to figure out how to earn money from smartphone and tablet users.


"They had a pretty good quarter. I think a lot of investors, though, are waiting to see some consistency in the results," said Jacob.


Several members of Facebook's senior management have sold millions of dollars' worth of shares in recent weeks through pre-arranged stock trading plans as lockup restrictions expired.


Chief Operating Officer Sheryl Sandberg has sold roughly 530,000 shares this month, netting just over $11 million, though she still owns roughly 20 million vested shares in Facebook.


In August, Facebook board member Peter Thiel sold roughly $400 million worth of Facebook stock, the majority of his stake, when an earlier phase of lockup restrictions expired.


Facebook's 28-year-old chief executive, Mark Zuckerberg, has pledged not to sell any shares before September 2013.


(Editing by Jeffrey Benkoe, Matthew Lewis and David Gregorio)


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Roethlisberger has rib injury too, out vs. Ravens

PITTSBURGH (AP) — Ben Roethlisberger's sprained right shoulder is just the start of his problems.

The Pittsburgh Steelers quarterback said Wednesday he also dislocated a rib while getting sacked in the third quarter of Monday night's win against Kansas City. Roethlisberger sprained the SC joint in his shoulder on the play but says the rib issue is a bigger concern.

Roethlisberger said doctors are concerned the rib could cut into his aorta. He's already been ruled out of Sunday's game against the Baltimore Ravens. Backup Byron Leftwich will start in his place, though Roethlisberger doesn't believe the injuries will end his season.

"I don't think so, I don't know though but I'm not a medical expert," Roethlisberger said. "I just know I'm going to do what I can to get back."

Roethlisberger added he's in considerable pain and has slept just four hours over the last two nights. He wore a black sling in the locker room to prevent the rib from moving around. Doctors are worried if the rib gets jostled before it heals it can cause internal bleeding.

"I can move (the arm) around, that's not the issue," Roethlisberger said. "Sometimes when I do move it the rib will kind of pop out of place again, which is pretty painful. I just try to keep it as still as I can for the most part."

The quarterback added the pain level is "nine on a scale of 1-10."

The Steelers (6-3) have won four straight to pull within a game of first-place Baltimore (7-2), but Roethlisberger left the 16-13 overtime win over the Chiefs in the third quarter after getting slammed to the ground by Kansas City linebackers Tamba Hali and Justin Houston.

The two-time Super Bowl winner underwent extensive testing Tuesday to determine the extent of the injury to his throwing shoulder. He was waiting further word on Wednesday about how to move forward because of the unusual nature of the injury.

"From what (the doctor) said he's trying to talk to experts because there is no case study over the exact same thing," Roethlisberger said. "From what I heard, from what he told me it was a 1998 rugby player or something."

Leftwich completed 7 of 14 passes for 73 yards after replacing Roethlisberger. He will be making his first start since 2009 when he played for the Tampa Bay Buccaneers.

The former first-round pick has been plagued by injuries the last two seasons and said he felt a little rusty after seeing his first regular season action in nearly two years, though coach Mike Tomlin anticipates the rust to wear off this week.

"I'll trust his assessment if that's his assessment, but I'm not overly concerned about it," Tomlin said. "We got a lot of ball in front of us this week. If he is the guy, he'll get a great opportunity to prepare and we'll expect him to play winning football."

The Steelers have managed to survive without Roethlisberger before. They are 7-5 in games without their franchise quarterback since 2005, including a 4-1 mark over the last two seasons. Roethlisberger missed the first four games of the 2010 season after being suspended for violating the league's personal conduct policy, but Pittsburgh started 3-1 behind Dennis Dixon and Charlie Batch, who will serve at Leftwich's backup on Sunday.

Batch filled in nicely last December when Roethlisberger was sidelined with an ankle injury, throwing for 208 yards in a 27-0 win over the St. Louis Rams.

Leftwich is 0-6 in his last six games as a starter, his last victory coming on Oct. 8, 2006 while playing the Jacksonville Jaguars, who selected Leftwich with the seventh overall pick of the 2003 draft.

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Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL

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Ireland probes death of ill abortion-seeker

DUBLIN (AP) — The debate over legalizing abortion in Ireland flared Wednesday after the government confirmed that a woman in the midst of a miscarriage was refused an abortion and died in an Irish hospital after suffering from blood poisoning.

Prime Minister Enda Kenny said he was awaiting findings from three investigations into the death of Savita Halappanavar, a 31-year-old Indian woman who was 17 weeks pregnant. Her case highlighted the legal limbo in which pregnant women facing severe health problems can find themselves in predominantly Catholic Ireland.

Ireland's constitution officially bans abortion, but a 1992 Supreme Court ruling found the procedure should be legalized for situations when the woman's life is at risk from continuing the pregnancy. Five governments since have refused to pass a law resolving the confusion, leaving Irish hospitals reluctant to terminate pregnancies except in the most obviously life-threatening circumstances.

The vast bulk of Irish women wanting abortions, an estimated 4,000 per year, simply travel next door to England, where abortion has been legal on demand since 1967. But that option is difficult, if not impossible, for women in failing health.

Halappanavar's husband, Praveen, said doctors at University Hospital Galway in western Ireland determined she was miscarrying within hours of her hospitalization for severe pain on Sunday, Oct. 21. He said over the next three days, doctors refused their requests for an abortion to combat her surging pain and fading health.

The hospital declined to say whether doctors believed Halappanavar's blood poisoning could have been reversed had she received an abortion rather than waiting for the fetus to die on its own. In a statement, it described its own investigation into the death, and a parallel probe by the government's Health Service Executive, as "standard practice" whenever a pregnant woman dies in a hospital. The Galway coroner also planned a public inquest.

"Savita was really in agony. She was very upset, but she accepted she was losing the baby," he told The Irish Times in a telephone interview from Belgaum, southwest India. "When the consultant came on the ward rounds on Monday morning, Savita asked if they could not save the baby, could they induce to end the pregnancy? The consultant said: 'As long as there is a fetal heartbeat, we can't do anything.'

"Again on Tuesday morning ... the consultant said it was the law, that this is a Catholic country. Savita said: 'I am neither Irish nor Catholic' but they said there was nothing they could do," Praveen Halappanavar said.

He said his wife vomited repeatedly and collapsed in a restroom that night, but doctors wouldn't terminate the fetus because its heart was still beating.

The fetus died the following day and its remains were surgically removed. Within hours, Savita was placed under sedation in intensive care with blood poisoning and he was never able to speak with her again, her husband said. By Saturday, her heart, kidneys and liver had stopped working. She was pronounced dead early Sunday, Oct. 28.

The couple had settled in 2008 in Galway, where Praveen Halappanavar works as an engineer at the medical devices manufacturer Boston Scientific. His wife was qualified as a dentist but had taken time off for her pregnancy. Her parents in India had just visited them in Galway and left the day before her hospitalization.

Praveen Halappanavar said he took his wife's remains back to India for a Hindu funeral and cremation Nov. 3. News of the circumstances that led to her death emerged Tuesday in Galway after the Indian community canceled the city's annual Diwali festival. Savita Halappanavar had been one of the festival's main organizers.

Opposition politicians appealed Wednesday for Kenny's government to introduce legislation immediately to make the 1992 Supreme Court judgment part of statutory law. Barring any such bill, the only legislation defining the illegality of abortion in Ireland dates to 1861, when the entire island was part of the United Kingdom. That British law, still valid here due to Irish inaction on the matter, states it is a crime punishable by life imprisonment to "procure a miscarriage."

In the 1992 case, a 14-year-old girl identified in court only as "X'' successfully sued the government for the right to have an abortion in England. She had been raped by a neighbor. When her parents reported the crime to police, the attorney general ordered her not to travel abroad for an abortion, arguing this would violate Ireland's constitution.

The Supreme Court ruled she should be permitted an abortion in Ireland, never mind England, because she was making credible threats to commit suicide if refused one. During the case, the girl reportedly suffered a miscarriage.

Since then, Irish governments twice have sought public approval to legalize abortion in life-threatening circumstances — but excluding a suicide threat as acceptable grounds. Both times voters rejected the proposed amendments.

Legal and political analysts broadly agree that no Irish government since 1992 has needed public approval to pass a law that backs the Supreme Court ruling. They say governments have been reluctant to be seen legalizing even limited access to abortion in a country that is more than 80 percent Catholic.

An abortions right group, Choice Ireland, said Halappanavar might not have died had any previous government legislated in line with the X judgment. Earlier this year, the government rejected an opposition bill to do this.

"Today, some 20 years after the X case, we find ourselves asking the same question: If a woman is pregnant, her life in jeopardy, can she even establish whether she has a right to a termination here in Ireland?" said Choice Ireland spokeswoman Stephanie Lord.

Coincidentally, the government said it received a long-awaited expert report Tuesday proposing possible changes to Irish abortion law shortly before news of Savita Halappanavar's death broke. The government commissioned the report two years ago after the European Court of Human Rights ruled that Ireland's inadequate access to abortions for life-threatening pregnancies violated European Union law.

The World Health Organization, meanwhile, identifies Ireland as an unusually safe place to be pregnant. Its most recent report on global maternal death rates found that only three out of every 100,000 women die in childbirth in Ireland, compared with an average of 14 in Europe and North America, 190 in Asia and 590 in Africa.

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