Wall Street Week Ahead: Attention turns to financial earnings

NEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street.


The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal cliff" worries, have started to get back into the markets.


Equities have risen in the new year, rallying after the initial resolution of the fiscal cliff in Washington on January 2. The S&P 500 on Friday closed its second straight week of gains, leaving it just fractionally off a five-year closing high hit on Thursday.


An array of financial companies - including Goldman Sachs and JPMorgan Chase - will report on Wednesday. Bank of America and Citigroup will join on Thursday.


"The banks have a read on the economy, on the health of consumers, on the health of demand," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.


"What we're looking for is demand. Demand from small business owners, from consumers."


EARNINGS AND ECONOMIC EXPECTATIONS


Investors were greeted with a slightly better-than-anticipated first week of earnings, but expectations were low and just a few companies reported results.


Fourth quarter earnings and revenues for S&P 500 companies are both expected to have grown by 1.9 percent in the past quarter, according to Thomson Reuters I/B/E/S.


Few large corporations have reported, with Wells Fargo the first bank out of the gate on Friday, posting a record profit. The bank, however, made fewer mortgage loans than in the third quarter and its shares were down 0.8 percent for the day.


The KBW bank index <.bkx>, a gauge of U.S. bank stocks, is up about 30 percent from a low hit in June, rising in six of the last eight months, including January.


Investors will continue to watch earnings on Friday, as General Electric will round out the week after Intel's report on Thursday.


HOUSING, INDUSTRIAL DATA ON TAP


Next week will also feature the release of a wide range of economic data.


Tuesday will see the release of retail sales numbers and the Empire State manufacturing index, followed by CPI data on Wednesday.


Investors and analysts will also focus on the housing starts numbers and the Philadelphia Federal Reserve factory activity index on Thursday. The Thomson Reuters/University of Michigan consumer sentiment numbers are due on Friday.


Jim Paulsen, chief investment officer at Wells Capital Management in Minneapolis, said he expected to see housing numbers continue to climb.


"They won't be that surprising if they're good, they'll be rather eye-catching if they're not good," he said. "The underlying drive of the markets, I think, is economic data. That's been the catalyst."


POLITICAL ANXIETY


Worries about the protracted fiscal cliff negotiations drove the markets in the weeks before the ultimate January 2 resolution, but fear of the debt ceiling fight has yet to command investors' attention to the same extent.


The agreement was likely part of the reason for a rebound in flows to stocks. U.S.-based stock mutual funds gained $7.53 billion after the cliff resolution in the week ending January 9, the most in a week since May 2001, according to Thomson Reuters' Lipper.


Markets are unlikely to move on debt ceiling news unless prominent lawmakers signal that they are taking a surprising position in the debate.


The deal in Washington to avert the cliff set up another debt battle, which will play out in coming months alongside spending debates. But this alarm has been sounded before.


"The market will turn the corner on it when the debate heats up," Prudential Financial's Krosby said.


The CBOE Volatility index <.vix> a gauge of traders' anxiety, is off more than 25 percent so far this month and it recently hit its lowest since June 2007, before the recession began.


"The market doesn't react to the same news twice. It will have to be more brutal than the fiscal cliff," Krosby said. "The market has been conditioned that, at the end, they come up with an agreement."


(Reporting by Gabriel Debenedetti; editing by Rodrigo Campos)



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Durant's 42 helps send Lakers to 6th straight loss


LOS ANGELES (AP) — Kevin Durant hit a 3-pointer in the final second of the first half and did a full reverse somersault to celebrate a 16-point lead. The Thunder were running the Lakers out of their own building, and not even Kobe Bryant could stop them.


Oklahoma City is again clearly among the best teams in the Western Conference, and the struggling Lakers may not have enough time left in the season to join them.


Durant scored a season-high 42 points, Russell Westbrook had 27 points and 10 assists, and Oklahoma City easily sent the short-handed Lakers to their sixth straight loss, 116-101 on Friday night.


Kevin Martin scored 15 points and hit three 3-pointers for the Thunder, who romped to a 27-point lead in the second half. Oklahoma City has won seven of nine, while Los Angeles is on its longest skid since March 2007 while playing without injured stars Dwight Howard and Pau Gasol.


Oklahoma City (28-8) matched the Clippers for the NBA's best record — and the Thunder made it look easy with a virtuoso game from Durant, who had 38 points midway through the third quarter.


"Coming in here, it's tough to win no matter what," Durant insisted after the Thunder coasted down the stretch. "We did a great job of just playing together at both ends of the floor all night and not taking those guys lightly. They've got two of the best players in the world out, so we just wanted to come out and have a good game."


They had a bit more than a good game. Durant hit four 3-pointers and his usual array of athletic shots whenever he wanted, while Westbrook finished three rebounds shy of a triple-double while playing less than 35 minutes.


The Thunder only had three scorers in double figures, but that was more than enough.


Westbrook, a Los Angeles native, has little sympathy for the Lakers.


"They're not done. They have a lot more games left, and I'm pretty sure they're going to find a way to get it together," Westbrook said. "Our job is to worry about our team and our organization. It wasn't easy. I just think we did a good job of playing team basketball defensively, and it showed. Kevin took control most of the game."


The Lakers (15-21) hadn't lost this many consecutive games since the year before they acquired Gasol and embarked on a run to three straight NBA finals. With Cleveland and Milwaukee visiting over the next four days, the Lakers have a chance to get competitive again — but they're facing an uphill climb just to get into playoff contention.


"I told the team, the biggest thing is our season starts Sunday," coach Mike D'Antoni said. "We've got to make a run. We've got one shot at it, and everybody needs to get ready mentally and physically. From there on, we can't make any more false steps. That's just how it is. We put ourselves in this ditch, and we're the only ones that can get it out, and hopefully we can get some guys back and start our season Sunday."


Bryant scored 28 points and Antawn Jamison added 19 against Oklahoma City, but Los Angeles looked lost and overmatched in its third straight game without Howard and Gasol.


The Thunder eliminated Bryant and the Lakers from last season's playoffs in five games, and Los Angeles has shown few signs of being able to compete with the defending conference champions this season. Injuries aren't the only problem, but Howard likely is out for at least another week with a shoulder injury, while Gasol still hasn't been cleared to return from his concussion.


"We're just very frustrated and upset about what we're going through right now, and how we're playing," Bryant said. "We're going to have to make some big adjustments if we're going to be successful. We gave up about 120 points tonight, and a lot of them were just layups and easy looks at the rim."


Steve Nash had seven points and seven assists in a quiet 30 minutes for the Lakers, who announced during the second quarter that backup big man Jordan Hill likely needs season-ending surgery on his left hip. Metta World Peace added 12 points, going 1 for 9 on 3-point attempts.


"We showed some fight, but we just were a little overmatched," Nash said. "They're bigger than us at almost every position. Kevin got hot, and we couldn't contain him in the second quarter. As the game wore on, I just think the difference in depth and quality took over."


NOTES: Before the game, Bryant and his wife, Vanessa, announced they've called off their divorce proceedings. Vanessa Bryant filed for divorce in December 2011. ... The teams meet again at Staples Center on Jan. 27. Oklahoma City also visits to face the Clippers on Jan. 22. ... Charlize Theron, Adam Sandler, Robin Thicke, Floyd Mayweather Jr., Mehmet Oz and Chad Johnson watched the game from courtside.


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Saudi execution: Brutal and illegal?






STORY HIGHLIGHTS


  • Saudi authorities beheaded Rizana Nafeek, a Sri Lankan woman

  • She was convicted of killing a baby of the family employing her as a housemaid

  • This was despite Nafeek's claims that the baby died in a choking accident

  • Becker says her fate "should spotlight the precarious existence of domestic workers"




Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of 'Campaigning for Justice: Human Rights Advocacy in Practice.' Follow Jo Becker on Twitter.


(CNN) -- Rizana Nafeek was a child herself -- 17 years old, according to her birth certificate -- when a four-month-old baby died in her care in Saudi Arabia. She had migrated from Sri Lanka only weeks earlier to be a domestic worker for a Saudi family.


Although Rizana said the baby died in a choking accident, Saudi courts convicted her of murder and sentenced her to death. On Wednesday, the Saudi government carried out the sentence in a gruesome fashion, by beheading Rizana.



Jo Becker

Jo Becker



Read more: Outrage over beheading of Sri Lankan woman by Saudi Arabia


Rizana's case was rife with problems from the beginning. A recruitment agency in Sri Lanka knew she was legally too young to migrate, but she had falsified papers to say she was 23. After the baby died, Rizana gave a confession that she said was made under duress -- she later retracted it. She had no lawyer to defend her until after she was sentenced to death and no competent interpreter during her trial. Her sentence violated international law, which prohibits the death penalty for crimes committed before age 18.


Rizana's fate should arouse international outrage. But it should also spotlight the precarious existence of other domestic workers. At least 1.5 million work in Saudi Arabia alone and more than 50 million -- mainly women and girls -- are employed worldwide according to the International Labour Organization (ILO).


Read more: Indonesian maid escapes execution in Saudi Arabia






Again according to the ILO, the number of domestic workers worldwide has grown by more than 50% since the mid-1990s. Many, like Rizana, seek employment in foreign countries where they may be unfamiliar with the language and legal system and have few rights.


When Rizana traveled to Saudi Arabia, for example, she may not have known that many Saudi employers confiscate domestic workers' passports and confine them inside their home, cutting them off from the outside world and sources of help.


It is unlikely that anyone ever told her about Saudi Arabia's flawed criminal justice system or that while many domestic workers find kind employers who treat them well, others are forced to work for months or even years without pay and subjected to physical or sexual abuse.




Passport photo of Rizana Nafeek



Read more: Saudi woman beheaded for 'witchcraft and sorcery'


Conditions for migrant domestic workers in Saudi Arabia are among some of the worst, but domestic workers in other countries rarely enjoy the same rights as other workers. In a new report this week, the International Labour Organization says that nearly 30% of the world's domestic workers are completely excluded from national labor laws. They typically earn only 40% of the average wage of other workers. Forty-five percent aren't even entitled by law to a weekly day off.


Last year, I interviewed young girls in Morocco who worked 12 hours a day, 7 days a week for a fraction of the minimum wage. One girl began working at age 12 and told me: "I don't mind working, but to be beaten and not to have enough food, this is the hardest part."


Many governments have finally begun to recognize the risks and exploitation domestic workers face. During 2012, dozens of countries took action to strengthen protections for domestic workers. Thailand, and Singapore approved measures to give domestic workers a weekly day off, while Venezuela and the Philippines adopted broad laws for domestic workers ensuring a minimum wage, paid holidays, and limits to their working hours. Brazil is amending its constitution to state that domestic workers have all the same rights as other workers. Bahrain codified access to mediation of labor disputes.


Read more: Convicted killer beheaded, put on display in Saudi Arabia


Perhaps most significantly, eight countries acted in 2012 to ratify -- and therefore be legally bound by -- the Domestic Workers Convention, with more poised to follow suit this year. The convention is a groundbreaking treaty adopted in 2011 to guarantee domestic workers the same protections available to other workers, including weekly days off, effective complaints procedures and protection from violence.


The Convention also has specific protections for domestic workers under the age of 18 and provisions for regulating and monitoring recruitment agencies. All governments should ratify the convention.


Many reforms are needed to prevent another tragic case like that of Rizana Nafeek. The obvious one is for Saudi Arabia to stop its use of the death penalty and end its outlier status as one of only three countries worldwide to execute people for crimes committed while a child.


Labor reforms are also critically important. They may have prevented the recruitment of a 17 year old for migration abroad in the first place. And they can protect millions of other domestic workers who labor with precariously few guarantees for their safety and rights.


Read more: Malala, others on front lines in fight for women


The opinions expressed in this commentary are solely those of Jo Becker.






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14-year-old boy killed on West Side









Two gunmen shot a 14-year-old boy several times Friday night as he stood on his porch, leaving him to die in the front hallway of his Humboldt Park home, authorities said.


Two male shooters opened fire about 11:50 p.m. in the 2400 block of West Augusta Boulevard, striking the boy multiple times in the chest, Chicago Police News Affairs Officer Amina Greer said.


Immediately following the shooting, a car sped down the street in reverse and took off, a neighbor said.





It appeared the boy managed to take a couple of steps before collapsing. When paramedics arrived, he was lying just inside the home, bleeding from several bullet wounds, police said. He died at the scene.


Police found blood on the front steps and more than half a dozen shell casings on the sidewalk.


The high school freshman had been talking on a cellphone in front of his home just moments before shots rang out, his stepmother said.


The shooting may have been gang-related, police sources said. Family and friends on the scene, however, said the victim avoided gangs and spent his free time listening to music and riding his bicycle.


The boy would have turned 15 on Tuesday, said his stepmother, whose name - like that of her stepson - the Tribune is withholding pending notification of additional family members.


"Now he's not even going to see his 15th birthday," his tearful stepmother said.


Neighbors returning home stared at squad cars and crime scene tape blocking the street of two- and three-story brick homes.


On the sidewalk near the crime scene, the father of one of the boy's friends sobbed as he paced near a group of somber teenagers.


When a neighbor asked him what had happened, his answer was brief.


"A little boy just got murdered," he said.


asege@tribune.com


Twitter: @AdamSege
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Obama, Karzai accelerate end of U.S. combat role in Afghanistan


WASHINGTON (Reuters) - President Barack Obama and Afghan President Hamid Karzai agreed on Friday to speed up the handover of combat operations in Afghanistan to Afghan forces, raising the prospect of an accelerated U.S. withdrawal from the country and underscoring Obama's determination to wind down a long, unpopular war.


Signaling a narrowing of differences, Karzai appeared to give ground in talks at the White House on U.S. demands for immunity from prosecution for any American troops who stay in Afghanistan beyond 2014, a concession that could allow Obama to keep at least a small residual force there.


Both leaders also threw their support behind tentative Afghan reconciliation efforts with Taliban insurgents, endorsing the establishment of a Taliban political office in Qatar in hopes of bringing insurgents to inter-Afghan talks.


Outwardly, at least, the meeting appeared to be something of a success for both men, who need to show their vastly different publics they are making progress in their goals for Afghanistan. There were no signs of the friction that has frequently marked Obama's relations with Karzai.


Karzai's visit came amid stepped-up deliberations in Washington over the size and scope of the U.S. military role in Afghanistan once the NATO-led combat mission concludes at the end of 2014.


"By the end of next year, 2014, the transition will be complete," Obama said at a news conference with Karzai standing at his side. "Afghans will have full responsibility for their security, and this war will come to a responsible end."


The Obama administration has been considering a residual force of between 3,000 and 9,000 troops - far fewer than some U.S. commanders propose - to conduct counterterrorism operations and to train and assist Afghan forces.


A top Obama aide said this week that the administration does not rule out a complete withdrawal after 2014, a move that some experts say would be disastrous for the weak Afghan central government and its fledgling security apparatus.


Obama on Friday left open the possibility of that so-called "zero option" when he several times used the word "if" to suggest that a post-2014 U.S. presence was far from guaranteed.


Insisting that Afghan forces were "stepping up" faster than expected, Obama said Afghan troops would take over the lead in combat missions across the country this spring, rather than waiting until the summer as originally planned. NATO troops will then assume a "support role," he said.


"It will be a historic moment and another step toward full Afghan sovereignty," Obama said.


Obama said final decisions on this year's troop cuts and the post-2014 U.S. military role were still months away, but his comments suggested he favors a stepped-up withdrawal timetable.


There are some 66,000 U.S. troops currently in Afghanistan. Washington's NATO allies have been steadily reducing their troop numbers as well despite doubts about the ability of Afghan forces to shoulder full responsibility for security.


'WAR OF NECESSITY'


Karzai voiced satisfaction over Obama's agreement to turn over control of detention centers to Afghan authorities, a source of dispute between their countries, although the White House released no details of the accord on that subject.


Obama once called Afghanistan a "war of necessity." But he is heading into a second term looking for an orderly way out of the conflict, which was sparked by the September 11, 2001, attacks on the United States by an al Qaeda network harbored by Afghanistan's Taliban rulers.


He faces the challenge of pressing ahead with his re-election pledge to continue winding down the war while preparing the Afghan government to prevent a slide into chaos and a Taliban resurgence once most NATO forces are gone.


Former Senator Chuck Hagel, Obama's nominee to become defense secretary, is likely to favor a sizable troop reduction.


Karzai, meanwhile, is eager to show he is working to ensure Afghans regain full control of their territory after a foreign military presence of more than 11 years.


Asked whether the cost of the war in lives and money was worth it, Obama said: "We achieved our central goal ... or have come very close to achieving our central goal, which is to de-capacitate al Qaeda, to dismantle them, to make sure that they can't attack us again."


He added: "Have we achieved everything that some might have imagined us achieving in the best of scenarios? Probably not. This is a human enterprise, and you fall short of the ideal."


Obama made clear that unless the Afghan government agrees to legal immunity for U.S. troops, he would withdraw them all after 2014 - as happened in Iraq at the end of 2011.


Karzai, who criticized NATO over civilian deaths, said that with Obama's agreement to transfer detention centers and the planned withdrawal of U.S. forces from Afghan villages, "I can go to the Afghan people and argue for immunity" in a bilateral security pact being negotiated.


Addressing students at Georgetown University later in the day, the Afghan leader predicted with certainty that the United States would keep a limited number of troops in Afghanistan after 2014, in part to battle al Qaeda and its affiliates.


"One of the reasons the United States will continue a limited presence in Afghanistan after 2014 in certain facilities in Afghanistan is because we have decided together to continue to fight against al Qaeda," Karzai said. "So there will be no respite in that."


Many of Obama's Republican opponents have criticized him for setting a withdrawal timetable and accuse him of undercutting the U.S. mission by reducing troop numbers too quickly.


Karzai and his U.S. partners have not always seen eye to eye, even though the American military has been crucial to preventing insurgent attempts to oust him.


In October, Karzai accused Washington of playing a double game by fighting the war in Afghan villages instead of going after insurgents who cross the border from neighboring Pakistan.


In Friday's news conference, Karzai did not back down from his previous comments that foreigners were responsible for some of the official corruption critics say is rampant in Afghanistan. But he acknowledged: "There is corruption in the Afghan government that we are fighting against."


Adding to tensions has been a rash of deadly "insider" attacks by Afghan soldiers and police against NATO-led troops training or working with them. U.S. forces have also been involved in a series of incidents that enraged Afghans, including burning Korans, which touched off days of rioting.


(Additional reporting by Roberta Rampton, Mark Felsenthal, Jeff Mason, Phil Stewart, Tabassum Zakaria, David Alexander; Editing by Warren Strobel and Will Dunham)



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Stock futures flat ahead of Wells Fargo earnings


NEW YORK (Reuters) - Stock index futures were little changed on Friday, a day after the S&P 500 hit a five-year high and ahead of earnings from Wells Fargo, the first big bank to report this season.


The Japanese government approved a massive $117 billion of spending to revive the economy in the biggest stimulus since the financial crisis, a move that boosted optimism about the global outlook.


Basic materials shares could be hurt after China's annual consumer inflation rate picked up to a seven-month high, narrowing the scope for the central bank to boost the economy by easing monetary policy.


S&P 500 futures dipped 1 point and were slightly below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures fell 7 points, and Nasdaq 100 futures added 1 point.


American Express said it would cut about 5,400 jobs, or 8.5 percent of its workforce, as it restructures its business and pays legal bills.


Boeing's 787 Dreamliner jet suffered a cracked cockpit window and an oil leak on separate flights in Japan on Friday - the latest in a series of incidents to test confidence in the new aircraft. Shares fell 1.4 percent to $76 in premarket trading.


Best Buy shares fell 1.7 percent to $12.00 in premarket trading after it reported flat holiday sales at established U.S. stores.


The U.S. Commerce Department releases November international trade figures at 8:30 a.m. ET (1330 GMT). Economists in a Reuters poll expect a trade deficit of $41.3 billion in November against a gap of $42.24 billion in October.


At the same time, the Labor Department releases import-export prices for December. Economists forecast a 0.1 percent rise in imports and an unchanged reading for exports.


Federal Reserve Bank of Philadelphia President Charles Plosser speaks on the economic outlook before the New Jersey Economic Leadership Forum at 9:30 a.m. ET (1430 GMT).


(Reporting by Rodrigo Campos; Editing by Bernadette Baum)



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Browns name Rob Chudzinski new coach


CLEVELAND (AP) — The Browns hauled their coaching search to Arizona and back. They talked to high-profile college coaches, NFL assistants and a fired pro coach who took a team to a Super Bowl.


None of them was hired.


Instead, Rob Chudzinski became their pick.


With no experience as a head coach at any level, Chudzinski was hired Thursday night by the Cleveland Browns, the team he cheered for as a kid. This is Chudzinski's third stint with the team, but this time around he's the guy in charge.


Chudzinski, who spent the past two seasons calling plays as Carolina's offensive coordinator, is the Browns' sixth full-time coach since 1999 and 14th in team history.


Just as it appeared the Browns might be going in another direction, the team selected the 44-year-old Chudzinski to revive a team that has made the playoffs just once in the past 14 years.


Chudzinski will be introduced Friday at an 11 a.m. news conference, where owner Jimmy Haslam and CEO Joe Banner likely will be asked how they selected Banner after speaking to at least seven other candidates and flirting with Chip Kelly before he returned to Oregon.


"Chud," as he's known to players and friends, Chudzinski worked as the Browns' tight ends coach in 2004 and was their offensive coordinator in 2007, when the team won 10 games — their most since an expansion rebirth in 1999.


A lifelong Browns fan who grew up in Toledo, Ohio, Chudzinski replaces Pat Shurmur, another first-time coach when he was hired, who was fired on Dec. 31 after a 5-11 season. For the past two years, Chudzinski has worked with talented Panthers quarterback Cam Newton and resuscitated Carolina's offense, which was one of the league's worst before he arrived.


When Haslam and Banner embarked on their coaching search as 2013 began, the pair vowed they would wait as long as necessary to find "the right coach" for Cleveland. They promised to give their new coach final say over the roster and planned to pair him with an executive to help pick players.


Chudzinski wasn't seen by many as an option.


And then he became the choice.


Chudzinski interviewed with the team on Wednesday, when the club also visited with Cincinnati defensive coordinator Mike Zimmer. Chudzinski appeared to be a long shot for the job, not because he wasn't qualified, but because it was thought Haslam wanted to make a big splash with his first coaching hire.


However, Chudzinski wowed Haslam and Banner during his meeting and the team decided it was time to end its search in its second week.


It's not yet known whom Chudzinski will bring in as coordinators. There are reports he may hire former San Diego coach Norv Turner to run his offense. Chudzinski worked for Turner with the Chargers.


In his first season in Carolina, Chudzinski turned Newton, the No. 1 overall draft pick, loose and the Panthers set club records for total yards (6,237) and first downs (345). Carolina also scored 48 touchdowns after getting just 17 in the season before Chudzinski arrived. The Panthers jumped from last in the league in total yardage to seventh, the biggest improvement since 1999.


Following the season, Chudzinski interviewed for head coaching jobs with St. Louis, Jacksonville and Tampa Bay before returning to Carolina.


In getting the Browns' job, Chudzinski was picked over Zimmer, Montreal Alouettes coach Marc Trestman, fired Arizona coach Ken Whisenhunt and Cardinals defensive coordinator Ray Horton. Whisenhunt was in Cleveland for a second interview on Thursday, and appeared to be the front-runner. The Browns also were expected to interview Indianapolis offensive coordinator Bruce Arians.


Newton continued to develop in his second season with Chudzinski, and the QB's development may have helped his case since the Browns are hoping Brandon Weeden will improve this year after his uneven rookie season.


After his first stint on Cleveland's staff, Chudzinski spent two seasons as San Diego's tight ends coach, working with perennial Pro Bowl standout Antonio Gates.


Taking over the Browns' offense in 2007, Chudzinski helped the Browns go 10-6. They barely missed the playoffs, but four players, including quarterback Derek Anderson, made the Pro Bowl. However, in 2008, the Browns struggled on offense and a six-game losing streak led to a 4-12 finish and Romeo Crennel's firing.


Chudzinski's hiring may not be popular with Cleveland fans, many of whom at fantasies about Nick Saban or Jon Gruden or Kelly brining his supersonic offense to the NFL.


But his selection is in keeping with at least one of Banner's past moves. When he was in Philadelphia's front office, Banner went outside the box and hired Green Bay assistant Andy Reid, a relative unknown who spent 14 seasons with the Eagles.


Now that they've got their coach, the Browns can focus on finding a GM to replace Tom Heckert, fired after three seasons.


___


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


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Chevron sees higher fourth-quarter profit as output rises






(Reuters) – Chevron Corp , the second-largest U.S. oil company, said on Thursday its fourth-quarter profit would be “notably higher” than the previous quarter as oil and gas output bounced back and it booked a $ 1.4 billion gain on an asset transaction.


Chevron is also preparing to bring its refinery in Richmond, California, back to full production this quarter, after the crude unit of the 245,000-barrels-per-day plant was badly damaged in an August fire.






The impact was clear as Chevron’s average U.S. refining input of 702,000 bpd in October and November was down 226,000 bpd from the second quarter – the last period when Richmond was fully running throughout. The San Francisco Chronicle said this week that Chevron aims to restart the crude unit in February.


On the upstream side, Chevron’s average U.S. production of oil and gas from wells rose to 676,000 bpd in October and November, compared with a hurricane-depressed average of 637,000 bpd for the third quarter.


Worldwide, Chevron’s output reached its highest since mid-2011. The company produced the oil equivalent of 2.66 million bpd in the first two months of the quarter, up from an average 2.52 million in the third quarter – when it was curbed by maintenance in the UK and Kazakhstan.


Shares of Chevron rose 0.8 percent to $ 111.33 in after-hours trading, when the company’s quarterly interim update was released, after closing up 0.8 percent in the regular session.


Before the update, analysts had expected a net profit of $ 3.00 per share for the fourth quarter, according to Thomson Reuters I/B/E/S, up from $ 2.57 in the third quarter and $ 2.58 in the fourth quarter a year before.


Chevron got no help from oil prices in the quarter, with an average Brent oil price of $ 110 per barrel that was basically the same as the previous quarter and up just $ 1 per barrel from a year before.


The $ 1.4 billion gain stemmed from a deal with Royal Dutch Shell Plc , announced in August, in which Shell swapped interests in two fields off Australia for Chevron’s holdings in the Browse liquefied natural gas project.


(Reporting by Braden Reddall in San Francisco; Editing by Gary Hill, Leslie Adler and David Gregorio)


Energy News Headlines – Yahoo! News





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Why global labor reforms are vital






STORY HIGHLIGHTS


  • Saudi authorities beheaded Rizana Nafeek, a Sri Lankan woman

  • She was convicted of killing a baby of the family employing her as a housemaid

  • This was despite Nafeek's claims that the baby died in a choking accident

  • Becker says her fate "should spotlight the precarious existence of domestic workers"




Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of 'Campaigning for Justice: Human Rights Advocacy in Practice.' Follow Jo Becker on Twitter.


(CNN) -- Rizana Nafeek was a child herself -- 17 years old, according to her birth certificate -- when a four-month-old baby died in her care in Saudi Arabia. She had migrated from Sri Lanka only weeks earlier to be a domestic worker for a Saudi family.


Although Rizana said the baby died in a choking accident, Saudi courts convicted her of murder and sentenced her to death. On Wednesday, the Saudi government carried out the sentence in a gruesome fashion, by beheading Rizana.



Jo Becker

Jo Becker



Read more: Outrage over beheading of Sri Lankan woman by Saudi Arabia


Rizana's case was rife with problems from the beginning. A recruitment agency in Sri Lanka knew she was legally too young to migrate, but she had falsified papers to say she was 23. After the baby died, Rizana gave a confession that she said was made under duress -- she later retracted it. She had no lawyer to defend her until after she was sentenced to death and no competent interpreter during her trial. Her sentence violated international law, which prohibits the death penalty for crimes committed before age 18.


Rizana's fate should arouse international outrage. But it should also spotlight the precarious existence of other domestic workers. At least 1.5 million work in Saudi Arabia alone and more than 50 million -- mainly women and girls -- are employed worldwide according to the International Labour Organization (ILO).


Read more: Indonesian maid escapes execution in Saudi Arabia






Again according to the ILO, the number of domestic workers worldwide has grown by more than 50% since the mid-1990s. Many, like Rizana, seek employment in foreign countries where they may be unfamiliar with the language and legal system and have few rights.


When Rizana traveled to Saudi Arabia, for example, she may not have known that many Saudi employers confiscate domestic workers' passports and confine them inside their home, cutting them off from the outside world and sources of help.


It is unlikely that anyone ever told her about Saudi Arabia's flawed criminal justice system or that while many domestic workers find kind employers who treat them well, others are forced to work for months or even years without pay and subjected to physical or sexual abuse.




Passport photo of Rizana Nafeek



Read more: Saudi woman beheaded for 'witchcraft and sorcery'


Conditions for migrant domestic workers in Saudi Arabia are among some of the worst, but domestic workers in other countries rarely enjoy the same rights as other workers. In a new report this week, the International Labour Organization says that nearly 30% of the world's domestic workers are completely excluded from national labor laws. They typically earn only 40% of the average wage of other workers. Forty-five percent aren't even entitled by law to a weekly day off.


Last year, I interviewed young girls in Morocco who worked 12 hours a day, 7 days a week for a fraction of the minimum wage. One girl began working at age 12 and told me: "I don't mind working, but to be beaten and not to have enough food, this is the hardest part."


Many governments have finally begun to recognize the risks and exploitation domestic workers face. During 2012, dozens of countries took action to strengthen protections for domestic workers. Thailand, and Singapore approved measures to give domestic workers a weekly day off, while Venezuela and the Philippines adopted broad laws for domestic workers ensuring a minimum wage, paid holidays, and limits to their working hours. Brazil is amending its constitution to state that domestic workers have all the same rights as other workers. Bahrain codified access to mediation of labor disputes.


Read more: Convicted killer beheaded, put on display in Saudi Arabia


Perhaps most significantly, eight countries acted in 2012 to ratify -- and therefore be legally bound by -- the Domestic Workers Convention, with more poised to follow suit this year. The convention is a groundbreaking treaty adopted in 2011 to guarantee domestic workers the same protections available to other workers, including weekly days off, effective complaints procedures and protection from violence.


The Convention also has specific protections for domestic workers under the age of 18 and provisions for regulating and monitoring recruitment agencies. All governments should ratify the convention.


Many reforms are needed to prevent another tragic case like that of Rizana Nafeek. The obvious one is for Saudi Arabia to stop its use of the death penalty and end its outlier status as one of only three countries worldwide to execute people for crimes committed while a child.


Labor reforms are also critically important. They may have prevented the recruitment of a 17 year old for migration abroad in the first place. And they can protect millions of other domestic workers who labor with precariously few guarantees for their safety and rights.


Read more: Malala, others on front lines in fight for women


The opinions expressed in this commentary are solely those of Jo Becker.






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Boeing Dreamliner hit by two more mishaps in Japan









Boeing Co.'s 787 Dreamliner jet suffered a cracked cockpit window and an oil leak on separate flights in Japan on Friday -- the latest in a series of incidents testing confidence in the sophisticated new aircraft.


All Nippon Airways Co said a domestic flight from Tokyo landed safely at Matsuyama airport in western Japan after a crack developed on the cockpit windscreen, and the plane's return to Tokyo was cancelled.


The same airline later said oil was found leaking from an engine of a 787 Dreamliner after the plane landed at Miyazaki airport in southern Japan. An airline spokeswoman said it later returned to Tokyo after some delay. No one was injured in either incident.








The world's first carbon-composite airliner, which has a list price of $207 million, has been beset by problems this week. Some analysts say these are normal teething issues as a new plane enters service under close scrutiny. Others say the incidents could erode public confidence in the aircraft.


The 787 Dreamliner will undergo a comprehensive review of its critical systems by regulators, the U.S. Department of Transportation said Friday.


The review of the jet will include design, manufacture and assembly, after a series of problems in recent weeks, including a battery that caught fire on an empty 787 parked in Boston on Monday.


The agency said it plans to announce more details at a press conference Friday at 9:30 am ET.


U.S. regulators have raised questions about the plane's reliability on long transocean routes, the Wall Street Journal reported.


The 787 Dreamliner made its first commercial flight in late-2011, after a series of production delays put deliveries more than three years behind schedule. By the end of last year, Boeing had sold 848 Dreamliners, and delivered 49.


Earlier this week, a battery fire caused damage to an empty 787 jet operated by Japan Airlines while it was on the ground at Boston airport. The next day, another JAL 787 spilled 40 gallons of fuel onto the taxiway at the same airport after a problem that caused a valve to open, forcing the plane to delay its departure. On Wednesday, ANA cancelled a domestic Dreamliner flight due to a brake-control computer glitch.


Boeing's top Dreamliner engineer, Mike Sinnett, was rolled out midweek to defend the 787, saying the plane's problem rates were no higher than with Boeing's successful 777 jet.


SPIDER WEB CRACK/


ANA said crew noticed a spider web-like crack in a window in front of the pilot's seat about 70 minutes into Friday's flight, which was close to its destination.


"Cracks appear a few times every year in other planes. We don't see this as a sign of a fundamental problem" with Boeing aircraft, a spokesman for the airline said.


On the later flight, the ANA spokeswoman said she could not specify how much oil leaked from the engine. Later on Friday, ANA - which, with JAL flies 24 of the 49 Dreamliners delivered to end-December - launched its maiden service between Tokyo's Narita Airport and San Jose, California with the Dreamliner.


Jun Akiyama, a plane enthusiast who was taking photos at the airport ahead of the San Jose departure, said: "It's worrying. If there was a major accident lives would be at stake, and these defects are only increasing fears."


But Yasushi Uesaka, a systems engineer from Osaka who was also taking pictures nearby, played down the incidents. "When new things come out, there will naturally be defects. That a lot of these defects didn't occur during flight means they're not too critical, I think."


In India - where state-owned Air India has taken delivery of six Dreamliner jets and has more on order - a senior official at the aviation regulator said there was concern at the recent spate of Dreamliner glitches. The Directorate General of Civil Aviation has not ordered any Dreamliner checks for now, but is waiting for a safety report from the U.S. National Transportation Safety Board, the official said.


Air India spokesman K. Swaminathan said the airline's debut Dreamliner flight to Paris on Thursday went without a hitch.


FUEL SAVINGS


One of Boeing's chief innovations with the 787 is its use of electrical power to run on-board functions such as hydraulics and air conditioning, instead of relying on heavier pneumatic systems used on other planes. The weight savings make the 787 more fuel efficient, a big advantage for airlines battling high jet fuel costs.


To power the electrical system, the 787 uses generators attached to the plane's engines, which produce about 1.5 megawatts of power, enough to power about 300 hot water heaters. The system uses high-voltage distribution panels and powerful batteries, such as the one that caught fire in Boston on Monday.


Makoto Yoda, president of Japanese battery maker GS Yuasa Corp, which makes the Dreamliner batteries, said his company was looking into Monday's fire, and was sending a team of engineers to cooperate with the U.S. investigation.



 
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Rights group warns of worsening Pakistani sectarian violence


QUETTA, Pakistan (Reuters) - Violence against Pakistani Shi'ite Muslims is rising and some communities are living in a state of siege, a human rights group said on Friday, warning that sectarian violence will only get worse a day after 114 people were killed in bombings.


Most of the deaths were caused by twin attacks aimed at members of the Muslim Shi'ite sect in the southwestern city of Quetta, near the Afghan border.


"Last year was the bloodiest year for Shias in living memory," said Ali Dayan Hasan of Human Rights Watch. "More than 400 were killed and if yesterday's attack is any indication, it's just going to get worse."


A suicide bomber first targeted a snooker club in Quetta. A car bomb blew up nearby 10 minutes later after police and rescuers had arrived.


In all, 82 people were killed and 121 wounded. Nine police and 20 rescue workers were among the dead.


"It was like doomsday. Bodies were lying everywhere," said police officer Mir Zubair Mehmood.


The banned Sunni group Lashkar-e-Jangvi (LeJ) claimed responsibility for the attack in a predominantly Shi'ite neighborhood where the residents are ethnic Hazaras, Shi'ites who first migrated from Afghanistan in the nineteenth century.


The bombings underscored the myriad threats security forces face from homegrown Sunni extremist groups, the Pakistani Taliban insurgency in the northwest and from nationalist groups in resource-rich Baluchistan province, of which Quetta is capital.


Shi'ite leaders said they wanted the military to take control of Quetta to protect them and they would not allow the 82 victims of the twin bomb attacks to be buried until their demands were met.


The burials had been scheduled to take place after Friday prayers but the bodies would remain in the mosque until the Shi'ites had received promises of protection.


"We won't let them be buried unless the army comes into Quetta," said Maulana Amin Shaheedi, who heads the Shi'ite Majlis-e-Wahdatul Muslameen, an umbrella organization formed in 2008 to unite Shiite organizations and clerics.


The paramilitary Frontier Corps is largely responsible for security in Baluchistan province but Shi'ites say it is unable or unwilling to protect them from the LeJ.


"STATE OF SIEGE"


The LeJ wants to impose a Sunni theocracy in U.S.-allied Pakistan by stoking Sunni-Shi'ite violence. It bombs religious processions and shoots civilians in the type of attacks that pushed countries like Iraq close to civil war.


LeJ leader Malik Ishaq was released last year after spending 14 years in jail in connection with dozens of murder and terrorism cases.


The roughly 500,000-strong Hazara people in Quetta, who speak a Persian dialect, have distinct features and are an easy target, said Dayan of Human Rights Watch.


"They live in a state of siege. Stepping out of the ghetto means risking death," said Dayan. "Everyone has failed them - the security services, the government, the judiciary."


Earlier on Thursday, a separate bomb killed 11 people in Quetta's main market.


The United Baloch Army claimed responsibility for that blast. The group is one of several fighting for independence for Baluchistan, an arid, impoverished region with substantial gas, copper and gold reserves.


Baluchistan constitutes just less than half of Pakistan's territory and is home to about 8 million of the country's population of 180 million.


In a separate attack on Thursday, in Mingora, the largest city in the Swat valley in the northwest, at least 21 people were killed when an explosion targeted a public gathering of residents who had come to listen to a religious leader.


No one claimed responsibility for that bombing. Swat has been under army rule since a military offensive expelled Pakistani Taliban militants in 2009.


Sectarian attacks in Pakistan have risen even as overall deaths from militant violence have fallen over the past two years. But Pakistan's security forces and its overburdened justice system are struggling to cope.


Human rights groups say the government must investigate whether some of the groups have links to elements within Pakistan's security services.


The LeJ has had historically close ties to elements in the security forces, who see the group as an ally in any potential war with neighboring India.


The security forces deny any such links.


(Reporting by Katharine Houreld; Editing by Robert Birsel)



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US STOCKS-Futures gain as China data points to growth


NEW YORK (Reuters) - Stock index futures rose on Thursday, alongside other risk assets, as stronger-than-expected exports in China, the world's second-biggest economy, raised hopes for a more robust recovery in the global economy this year.


Data showed China's export growth rebounded sharply to a seven-month high in December, a strong finish to the year after seven straight quarters of slowdown, even as demand from Europe and the United States remained subdued.


Adding to the bullish sentiment, Spanish benchmark government bond yields fell below 5 percent to a 10-month low on the back of a strong bond auction that raised more than the target amount.


"The market's more positive and it owes a lot of that to the Chinese economic data," said Art Hogan, managing director of Lazard Capital Markets in New York, adding that the success of the Spanish auction was also of note.


S&P 500 futures rose 4.2 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 25 points, and Nasdaq 100 futures added 5 points.


Traders await the Labor Department release of first-time claims for jobless benefits for the latest week at 8:30 a.m. ET (1330 GMT). Economists in a Reuters survey forecast a total of 365,000 new filings compared with 372,000 in the prior week.


The Commerce Department releases wholesale inventories for November at 10:00 a.m. ET (1500 GMT). Economists expect inventories to rise 0.3 percent, against a 0.6 percent increase in October.


Several Federal Reserve speakers are due to speak Thursday, including Kansas City Fed President Esther George and St. Louis Fed President James Bullard. Market participants are likely to pay close attention to their remarks following indications, in the minutes of the latest Fed meeting, that the Fed may halt its highly simulative asset purchases this year. The program has been one of the pillars of the strength in the equity market.


Shares of upscale jeweler Tiffany dropped 8.5 percent to $57.90 in premarket trading after it said earnings for the year through January 31 will be at the lower end of its forecast.


Molycorp shares dropped 6.4 percent to $10.10 in premarket trading after the company said revenue and cash flow would be lower than expected this year due to lower rare-earth prices.


Duke Realty Corp stock fell 1.9 percent to $14.29 in premarket trading after the company announced late on Wednesday an offering of 30 million shares.


(Reporting by Rodrigo Campos)



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Junior Seau had brain disease CTE


Junior Seau, one of the NFL's best and fiercest players for nearly two decades, had a degenerative brain disease when he committed suicide last May, the National Institutes of Health told The Associated Press on Thursday.


Results of an NIH study of Seau's brain revealed abnormalities consistent with chronic traumatic encephalopathy (CTE).


The NIH, based in Bethesda, Md., conducted a study of three unidentified brains, one of which was Seau's. It said the findings on Seau were similar to autopsies of people "with exposure to repetitive head injuries."


Seau's family requested the analysis of his brain, which was overseen by Dr. Russell Lonser.


Seau was a star linebacker for 20 NFL seasons with San Diego, Miami and New England before retiring in 2009. He died of a self-inflicted shotgun wound.


He joins a list of several dozen football players who had CTE. Boston University's center for study of the disease reported last month that 34 former pro players and nine who played only college football suffered from CTE.


"I was not surprised after learning a little about CTE that he had it," Seau's 23-year-old son Tyler said. "He did play so many years at that level. I was more just kind of angry I didn't do something more and have the awareness to help him more, and now it is too late.


"I don't think any of us were aware of the side effects that could be going on with head trauma until he passed away. We didn't know his behavior was from head trauma."


That behavior, according to Tyler Seau and Junior's ex-wife Gina, included wild mood swings, irrationality, forgetfulness, insomnia and depression.


"He emotionally detached himself and would kind of 'go away' for a little bit," Tyler Seau said. "And then the depression and things like that. It started to progressively get worse."


He hid it well in public, they said. But not when he was with family or close friends.


The NFL faces lawsuits by thousands of former players who say the league withheld information on the harmful effects concussions can have on their health.


Seau is not the first former NFL player who killed himself, then was found to have CTE. Dave Duerson and Ray Easterling are others.


Duerson, a former Chicago Bears defensive back, left a note asking for his brain to be studied for signs of trauma before shooting himself. His family filed a wrongful death suit against the NFL, claiming the league didn't do enough to prevent or treat the concussions that severely damaged his brain.


Easterling played safety for the Falcons in the 1970s. After his career, he suffered from dementia, depression and insomnia, according to his wife, Mary Ann. He committed suicide last April.


Mary Ann Easterling is among the plaintiffs who have sued the NFL.


"It was important to us to get to the bottom of this, the truth," Gina Seau said, "and now that it has been conclusively determined from every expert that he had obviously had it, CTE, we just hope it is taken more seriously.


"You can't deny it exists, and it is hard to deny there is a link between head trauma and CTE. There's such strong evidence correlating head trauma and collisions and CTE."


Tyler Seau played football through high school and for two years in college. He says he has no symptoms of any brain trauma.


Gina Seau's son, Jake, now a high school junior, played football for two seasons, but has switched to lacrosse and has been recruited to play at Duke.


"Lacrosse is really his sport and what he is passionate about," she said. "He is a good football player and probably could continue. But especially now watching what his dad went through, he says, 'Why would I risk lacrosse for football?'


"I didn't have to have a discussion with him after we saw what Junior went through."


Her 12-year-old son, Hunter, has shown no interest in playing football.


"That's fine with me," she said.


Read More..

Terror group fills Syria rebels' space






STORY HIGHLIGHTS


  • U.S. declared a key opposition group in Syria a terrorist organization

  • New report says it is the most effective group in the opposition, with 5,000 fighters

  • Nada Bakos: The group has ties to al Qaeda but also seeks to provide social services

  • She says the chances are slim that it could be persuaded to give up radical goals




Editor's note: Nada Bakos is a former Central Intelligence Agency analyst.


(CNN) -- In the midst of the struggle against Bashar al-Assad's government stands Jabhat al-Nusra, recently designated by the U.S. State Department as a foreign terrorist organization.


A new report by the Quilliam Foundation in London says the organization is the most effective arm of the Syrian insurgency and now fields about 5,000 fighters against the Assad regime.


Practically speaking, the terrorist designation means little that is new for the immediate struggle in Syria. Shortly after al-Nusra claimed credit for one of its early suicide bombings in January 2012, the Obama administration made known al-Nusra's connection to al Qaeda in Iraq, a group with which I was intimately familiar in my capacity as an analyst and targeting officer at the Central Intelligence Agency.



Nada Bakos

Nada Bakos



The administration's position was reinforced when Director of National Intelligence James Clapper one month later testified in front of the Senate Armed Services Committee that "...we believe al-Qaeda in Iraq is extending its reach into Syria."


Analysis: Study shows rise of al Qaeda affiliate in Syria


Al-Nusra is filling a power vacuum through charitable efforts to galvanize local support and generating influence among Syrians. In light of al-Nusra's influence in Syria, the real question is not so much about the scope and scale of al-Nusra currently, but rather how should the United States respond to its rise, particularly after al-Assad's eventual exit?



Historically, the U.S. government seemed to believe that as soon as people are given the chance, they will choose and then create a Jeffersonian democracy. Then we are surprised, if not outraged, that people turn to organizations such as Hamas, Hezbollah or the Muslim Brotherhood in electoral contests. These organizations often provide the basic necessities that people need to survive: food, water, medical care, education and security.


As ideologically distasteful as we might find them, they are often doing things corrupt, weak or failing governments do not: providing the basic necessities that people need to survive (let alone create the conditions that enable people to aspire to thrive).


Why does al-Nusra keep quiet about its ties to al Qaeda in Iraq? The documents pulled from the Abottabad raid that killed Osama bin Laden shed light on his awareness that the al Qaeda brand had been deteriorating.








Bin Laden urged regional groups, "If asked, it would be better to say there is a relationship with al Qaeda, which is simply a brotherly Islamic connection, and nothing more," according to CNN. Bin Laden and Ayman al-Zawahiri had criticized the Jordanian-born founder and leader of al Qaeda in Iraq, Abu Musab al-Zarqawi, for his killing of civilians and lack of political acumen to win public support.


Talk about al Qaeda seems distant. It was a bogeyman made real in 1993 when it unsuccessfully attacked the World Trade Center and terrifyingly tangible in 2001 when its operatives succeeded in destroying the twin towers and expanded their attacks to the Pentagon and the air over Pennsylvania. Its looming shadow has since faded from the public eye, particularly with the death of bin Laden. Its vision and ideology, however, continue to have a strong appeal.


Now that al Qaeda central has a less visible role, what makes players like al-Nusra and al Qaeda in Iraq threats? Even today, after Zarqawi's death, al Qaeda in Iraq has managed to continue to wreak havoc in Iraq and in the region through an autonomous, adaptable structure.


Al-Nusra has declared itself a player in the fight for a global jihad, a bold statement for what is today a localized group . Even small groups, however, have the potential to disrupt regional stability and complicate America's pursuit of its national security objectives—a fact I learned firsthand tracking and trying to stem the rise, influence and efficacy of al Qaeda in Iraq in the aftermath of the U.S. invasion of Iraq.


Zarqawi, until his death in 2006, was able to confound U.S. forces and attack Jordan by attracting recruits from North Africa (including Libya), Central Europe, Jordan and Syria.


Some of Zarqawi's earliest recruits were veterans of the Syrian Muslim Brotherhood, an organization that lashed out against the Syrian government during the 1980s. Captured records from a raid near the city of Sinjar, Iraq, indicated that during the 2006-2007 time frame, 8% of al Qaeda in Iraq operatives were Syrians. The percentage likely ebbed and flowed as the group formed, became influential and waned, but it suggests that there was no shortage of recruits amenable to engage in religious conflict in Syria as recently as 5-10 years ago.


The most striking thing about the captured records, however, is that it appears almost every foreign fighter entering Iraq to join al Qaeda in Iraq came through Syria. As a targeter, I can tell you that facilitation networks are key: they are the means by which groups such as al Qaeda in Iraq are funded, supplied and sustained. During the Iraq war, Zarqawi's top aides in Syria played a critical role in recruiting, funding and operational planning outside Iraq.


One of the things U.S. officials and the international media should watch for is how al-Nusra uses its terrorist designation: If it seeks to use the declaration to burnish its jihadist credentials, it might be able to bolster the image of the organization in the eyes of the extremist community and parlay that recognition into larger, or steadier, streams of funding—a development that will make the group more viable over the long-term or allow it to expand its operations or influence in the short- to mid-term.


An important differentiator between al Qaeda in Iraq and al-Nusra is one of its tactics: Zarqawi made a practice of indiscriminately killing Iraqi civilians, effectively terrorizing the Iraqi population, especially the Shiite minority. Zarqawi, despite identifying with al Qaeda, had a much thinner theological basis than al Qaeda central.


Key figures at al Qaeda central such as bin Laden and Zawahiri argued with Zarqawi over his tactics, complaining that alienating mainstream Muslims would not help achieve the over-arching goal of instilling Sharia law.


Al-Nusra is using some of the same tactics as al Qaeda in Iraq (e.g., suicide bombings, kidnappings and car bombs), but it appears to be trying to strike a balance Zarqawi was unwilling to make: Not only does it seem to be avoiding alienating—if not antagonizing—the larger population, but it also is providing the people of Syria with a range of goods and services such as food, water and medical care—basic necessities that people need to survive in the best of times, let alone when their country is in the throes of a civil war.


If this becomes a trend, it might signal that al-Nusra aspires to be more like Hezbollah or Hamas, organizations that defy neat categorization based on the range of social, political and military activities they engage in and the resultant legitimacy they have in the eyes of their constituencies.


In the Syrian uprising, the opportunity for meaningful U.S. intervention might have passed: Exhaustion from operations in Iraq and Afghanistan have taken their toll on the U.S. military, have taxed the national treasury, and sapped political will, especially as the state of the economy remains at the center of the debate in Washington.


Our absence from the fight is going to cost us if the al-Assad regime fails, leaving rebel groups like al-Nusra dictating the direction, pace and scope of a new Syria.


Given that managing affairs in the Middle East has never been one of our strong suits, the question at this point should be how can the United States, particularly the Department of State, best engage groups that might be inimical to U.S. values but necessary to our interests in the Middle East? For that, I am not sure there is a clear or simple answer.


One opportunity would be if the United States uses its designation of al-Nusra as both a stick and carrot, cajoling and encouraging it to enter into mainstream politics when (or if) the Assad regime falls.


My read of al-Nusra, however, is that, like Zarqawi, it does not aspire to be a political player and is unlikely to settle for a political role in the new government. Instead, it may aim to play the spoiler for any transitional government and use its resources and political violence to empower and encourage other like-minded extremists. With time and opportunity, al-Nusra could not only add to regional instability in the Middle East, but also rekindle global jihad.



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The opinions expressed in this commentary are solely those of Nada Bakos.






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Car stolen from parking lot with 18-month-old inside













Kimberly Delgado


Kimberly Delgado
(Provided photo / January 10, 2013)



























































Police are searching for an 18-month-old girl who was left in a running car that was stolen from a parking lot in Bensenville early Thursday morning.

The mother had left Kimberly Delgado in a black Buick while she went into an apartment building at 940 W. Irving Park Road in Bensenville around 12:40 a.m., according to Bensenville Police Chief Frank Kosman.

"A subject walked out the foyer and walked directly to her car parked directly in front of the foyer. . .and drove away," Kosman said.

Kosman said he had no reason to believe the man knew the child was inside. Police described him as Hispanic, 5-foot-4, 35 to 40 years old, heavy build, black hair, dark complected and wearing a red sweater.

Kimberly was described as about 2 feet tall and weighing 25 pounds. She was wearing a pink and black hat, pink and brown jacket, black pants and pink shoes, according to an Ambert Alert that has been issued.

The car has an Illinois license plate, L548500.

pnickeas@tribune.com
Twitter: @peternickeas






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NATO official says more missiles launched in Syria


BRUSSELS (Reuters) - A short-range ballistic missile was fired inside Syria on Wednesday, following similar launches last week, a NATO official said on Thursday.


The official condemned as "reckless" the missile launches, which U.S. officials called an escalation of the 21-month-old Syrian civil war when their use was first spotted last month.


"The use of such indiscriminate weapons shows utter disregard for the lives of the Syrian people," he said.


The official said NATO had detected the launch of an unguided, short-range ballistic missile inside Syria on Wednesday, following similar launches on January 2 and 3. All the missiles were fired from inside Syria and landed in northern Syria, he said.


The description of the missiles fits the Scuds that are in the Syrian military's armory, but the official said NATO could not confirm the type of missile used.


The NATO official was responding to a report from a Syrian opposition activist living near the Qaldoun army base, 50 km (30 miles) north of Damascus, who said four large rockets, apparently Scuds, were fired from the base overnight.


NATO has agreed to send Patriot anti-missile batteries to protect its member Turkey from possible missile attack from Syria.


(Reporting by Adrian Croft; editing by Rex Merrifield and Sebastian Moffett)



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Global shares buoyed by Alcoa earnings, dollar gains on yen

LONDON (Reuters) - World shares staged a modest recovery from two days of losses on Wednesday after aluminum giant Alcoa opened the U.S. earnings season with an optimistic outlook for world demand.


However, with European and British central banks due to hold policy meetings on Thursday, the same day Spain will test demand for its debt and China releases its latest trade data, investors were in a cautious mood.


Alcoa, the largest aluminum producer in the United States, rose 1.3 percent in after-hours trade after it reported a fourth-quarter profit in line with Wall Street expectations and revenues that beat forecasts.


The results lifted Asian stock markets and pushed Europe's FTSE Eurofirst 300 index <.fteu3> up around 0.2 percent in early trade, leaving the MSCI world equity index <.miwd00000pus> up 0.1 percent. London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's DAX <.gdaxi> were flat to 0.2 percent higher.


U.S. stock futures were up 0.15 percent, suggesting a firmer start on Wall Street. <.l><.eu><.n/>


Corporate profits are expected to be higher than the third quarter's lackluster results, but analysts' estimates are down sharply from where they were in October.


"Expectations are quite low going into the earnings season as we saw a lot of downward guidance in the past few months. There is potential for an upside surprise to come through," said Robert Parkes, equity strategist at HSBC Securities.


SOVEREIGN DEBT TEST


In European fixed income markets German Bund prices dipped slightly as investors prepared for the government's auction of 5 billion euros' worth of new five-year bonds following successful debt sales in Austria, the Netherlands and Ireland on Tuesday.


Investors were also looking ahead to Spanish and Italian bond auctions on Thursday for the new year's first test of market appetite for peripheral euro zone debt.


The Spanish auction could also provide clues on the timing of a much anticipated request by Madrid for fresh financial aid from the ECB. [ID:nL5E9C46KK]


The dollar meanwhile climbed against the yen, moving back towards a 2-1/2 year high hit last week, on expectations of a much bolder monetary easing from the Bank of Japan at its next meeting later this month.


The U.S. currency was up 0.7 percent at 87.61 yen, above a near one-week low of 86.82 hit earlier in Tokyo.


"No one is going to want to be short yen going into the BOJ meeting," said Derek Halpenny, European head of FX research at Bank of Tokyo-Mitsubishi.


Sources familiar with the BOJ's thinking told Reuters the central bank was likely to adopt a 2 percent inflation target at the meeting, double its current goal, and issue a statement with the government pledging to pursue bold monetary easing steps.


The BOJ will also consider easing monetary policy again this month, probably through a further increase in its 101 trillion yen ($1.2 trillion) asset buying and lending programme, the sources said.


The euro held steady against the dollar at $1.3080, with most analysts forecasting the European Central Bank will keep interest rates on hold on Thursday, though some believe rates will be cut later this year.


CHINA DEMAND EYED


Brent crude oil slipped around 0.3 percent to below $112 per barrel as the market awaited the latest trade data from China, the world's biggest energy consumer, due on Thursday.


"What we're seeing in the oil markets is the cautious sentiment playing up ahead of some key economic events this week," said Ker Chung Yang, senior investment analyst at Phillips Futures in Singapore.


However, iron ore jumped to its highest since October 2011, stretching a rally that has lifted prices by more than a third since December as China replenished stockpiles and as supply in the spot market remained limited.


Iron ore, a raw material used to make steel, has now risen 83 percent since falling to below $87 in September.


(Additional reporting by Nia Williams and Atul Prakash; Editing by Will Waterman)



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Judgment day for Bonds, Clemens, Sosa at Hall


NEW YORK (AP) — Judgment day has arrived for Barry Bonds, Roger Clemens and Sammy Sosa to find out their Hall of Fame fates.


With the cloud of steroids shrouding many candidacies, baseball writers may fail for the only the second time in more than four decades to elect anyone to the Hall.


About 600 people are eligible to vote in the BBWAA election, all members of the organization for 10 consecutive years at any point. Results were to be announced at 2 p.m. EST Wednesday, with the focus on first-time eligibles that include Bonds, baseball's only seven-time Most Valuable Player, and Clemens, the only seven-time Cy Young Award winner.


Since 1965, the only years the writers didn't elect a candidate were when Yogi Berra topped the 1971 vote by appearing on 67 percent of the ballots cast and when Phil Niekro headed the 1996 ballot at 68 percent. Both were chosen the following years when they achieved the 75 percent necessary for election.


"It really would be a shame, especially since the other people going in this year are not among the living, which will make for a rather strange ceremony," said the San Francisco Chronicle's Susan Slusser, president of the Baseball Writers' Association of America.


Three inductees were chosen last month by the 16-member panel considering individuals from the era before integration in 1946: Yankees owner Jacob Ruppert, umpire Hank O'Day and barehanded catcher Deacon White. They will be enshrined during a ceremony at Cooperstown on July 28.


Also on the ballot for the first time are Sosa and Mike Piazza, power hitters whose statistics have been questioned because of the Steroids Era, and Craig Biggio, 20th on the career list with 3,060 hits — all for the Houston Astros. Curt Schilling, 11-2 with a 2.23 ERA in postseason play, is another ballot rookie.


The Hall was prepared to hold a news conference Thursday with any electees. Or to not have one.


Biggio wasn't sure whether the controversy over this year's ballot would keep all candidates out.


"All I know is that for this organization I did everything they ever asked me to do and I'm proud about it, so hopefully, the writers feel strongly, they liked what they saw, and we'll see what happens," Biggio said on Nov. 28, the day the ballot was announced.


Jane Forbes Clark, the Hall's chairman, said last year she was not troubled by voters weighing how to evaluate players in the era of performance-enhancing drugs.


"I think the museum is very comfortable with the decisions that the baseball writers make," she said. "And so it's not a bad debate by any means."


Bonds has denied knowingly using performance-enhancing drugs and was convicted of one count of obstruction of justice for giving an evasive answer in 2003 to a grand jury investigating PEDs. Clemens was acquitted of perjury charges stemming from congressional testimony during which he denied using PEDs.


Sosa, who finished with 609 home runs, was among those who tested positive in MLB's 2003 anonymous survey, The New York Times reported in 2009. He told a congressional committee in 2005 that he never took illegal performance-enhancing drugs.


The BBWAA election rules say "voting shall be based upon the player's record, playing ability, integrity, sportsmanship, character, and contributions to the team(s) on which the player played."


"Steroid or HGH use is cheating, plain and simple," ESPN.com's Wallace Matthews wrote. "And by definition, cheaters lack integrity, sportsmanship and character. Strike one, strike two, strike three."


Several holdovers from last year remain on the 37-player ballot, with top candidates including Jack Morris (67 percent), Jeff Bagwell (56 percent), Lee Smith (51 percent) and Tim Raines (49 percent).


When The Associated Press surveyed 112 eligible voters in late November, Bonds received 45 percent support among voters who expressed an opinion, Clemens 43 percent and Sosa 18 percent. The Baseball Think Factory website compiled votes by writers who made their opinions public and with 159 ballots had everyone falling short. Biggio was at 69 percent, followed by Morris (63), Bagwell (61), Raines (61), Piazza (60), Bonds (43) and Clemens (43).


Morris finished second last year when Barry Larkin was elected and is in his 14th and next-to-last year of eligibility. He could become the player with the highest-percentage of the vote who is not in the Hall, a mark currently held by Gil Hodges at 63 percent in 1983.


Several players who fell just short in the BBWAA balloting later were elected by either the Veterans Committee or Old-Timers' Committee: Nellie Fox (74.7 percent on the 1985 BBWAA ballot), Jim Bunning (74.2 percent in 1988), Orlando Cepeda (73.6 percent in 1994) and Frank Chance (72.5 percent in 1945).


Ace of three World Series winners, Morris finished with 254 victories and was the winningest pitcher of the 1980s. His 3.90 ERA, however, is higher than that of any Hall of Famer. Morris will be joined on next year's ballot by Greg Maddux and Tom Glavine, both 300-game winners.


If no one is elected this year, there could be a logjam in 2014. Voters may select up to 10 players.


The only certainty is the Hall is pleased with the writers' process.


"While the BBWAA does the actual voting, it only does so at the request of the Hall of Fame," said the Los Angeles Times' Bill Shaikin, the organization's past president. "If the Hall of Fame is troubled, certainly the Hall could make alternate arrangements."


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Star Hackers: Scientists Hold 1st Astronomy ‘Hack Day’






Astronomers have a “Big Data” problem. While telescopes around the world record reams of data every day, researchers struggle to manage this surplus of information. But there is a change brewing within the astronomy community, one where researchers  assume many different roles: astronomer, hacker and communicator.


DotAstronomy, a community that bridges the gap between science research and computer coding, hosted the first “Hack Day” exclusively for astronomy in the United States, last month at the Bit.ly headquarters in New York.






The Dec. 15 event was co-sponsored by Bit.ly and Harvard‘s Seamless Astronomy Group. Participants had a single day to tackle a problem within astronomy data. The day was split into three parts: presentations of tools that some participants have been working on, hack time, and presentations of the day’s accomplishments. 


Participants came from all over the tri-state area to learn from other astronomy hackers and work on joint projects. Most of them were either professors or graduate students from NYU, Harvard, Yale or CUNY, but there were others from non-astronomy backgrounds as well. 


Many of the tools presented were frameworks to make astronomy data more manageable, often with a heavy community and open-source aspect.


For example, there was Astropy, a community-driven astronomy package; Planethunters.org, where public online users can hunt for exoplanets; the yt-project, a community-driven platform that transforms data into breathtaking graphic models, to help researchers ask better questions from their data; and an API (an interface between a user and a site’s database) where you can easily look up any celestial object’s spectral data from archives of the Sloan Digital Survey.


Hacking and camaraderie


After the main presentations, everyone grabbed a quick lunch and circled the whiteboard to pitch their hacks. They then split into groups and started exchanging ideas, debugging, and scrawling flow charts or models. Practically all the participants were acquainted with Python computer coding, but still, the best hackers quickly stood out, and many clamored for their aid. [5 Threats That Keep Security Experts Up at Night]


Demitri Muna is one of those hackers. He runs an online forum and workshop called SciCoder, teaching scientists how to efficiently work in Python. Muna is working toward a SciCoder book, which will include a free PDF for the astronomy community.


Muna worked during the hack day with Kelle Cruz from the American Museum of Natural History department of astrophysics and others to create a “SQLite” database to store brown dwarf star data that they could distribute to members’ email accounts.


“Astronomers are dealing with an embarrassment of riches in the volume of data at our fingertips, but most still work with the same tools and file formats from 25-30 years ago,” Muna said. “These tools are increasingly unable to scale to handle the data we now have. I strongly feel that better, not just more, investment into software development needs to be made in our community.”


Different worlds


In our age of social media, it’s not just about getting the data, but making it fast and convenient to use. However, many of the online tools that house the necessary astronomy data are scattered in terms of compatibility, programming interface capability, naming conventions, units used, and descriptive data. Astronomers typically have to write the same code over and over again to customize it on a case-by-case basis.


“One problem is that every sub-community [in astronomy] handles data differently, and the tools they might use are different,” said Lia Corrales, a grad student at Columbia University. “I’m working to make cross-communication between different databases easier. I work with X-ray data. I’d like to put all of [the] data together, find all the quasars and say something about the dust around each one. I’ve wasted a lot of time in the past writing the cross-communicating code manually. I learned a lot from that experience but also to never do it again.” 


Adric Riedel, a researcher at the American Museum of Natural History, said that his current dataset was taken from the SuperCOSMOS Sky Survey, which was photographed in the 1950s; researchers are still getting new things out of it. “We need to work smarter and take advantage of tools that others have built.”


David Hogg, an astronomy and physics professor at NYU, worked on a paper predicting the distribution of stars that have transiting exoplanets based on data from NASA’s Kepler planet-hunting space telescope.


“Kepler has been very generous with their data and astronomers have just started asking questions about it,” he said. “We’re guessing [based on observations] that the numbers of one-, two-, and three-planet systems puts a strong constraint on the true numbers. What we really want to do has to be simplified if we are going to finish it in one day.” [Gallery: A World of Kepler Planets]


Unfortunately, the paper wasn’t completed by the end of the Hack Day, but his group put together a literature review and a graph to model the assumptions about the data.


Hack Day results


Chris Beaumont, a graduate student from Harvard, worked on a project to speed up plots and models in Python. He used OpenGL, a platform used for 3D game graphics, to leverage its processing power and resolution. The results shown, at the end of Hack Day, were quite amazing. He’s now planning to create full-featured code for others to use.


And Megan Schwamb, who is part of the Planethunters.org team, created a new API for the site that retrieves data about possible planets orbiting binary stars.


One the most unconventional hacks attempted to take down and expose the flaws of MAST (Mikulski Archive for Space Telescopes), carried out by Micha Gorelick, a data scientist at Bit.ly.


Gorelick found that when MAST data parameters are entered to find celestial objects, the program didn’t check what type of data was being requested. This could lead to the ability of hackers to insert their own database commands to manipulate the catalog. Afterward, he contacted the folks at MAST, and they are currently addressing the issue.


Overall, the Hack Day was a success, according to those involved, not only because of the projects completed, but because of the discussions and information sharing that the event sparked.


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