Israel hits Hamas government buildings, reservists mobilized

GAZA/JERUSALEM (Reuters) - Israeli aircraft bombed Hamas government buildings in Gaza on Saturday, including the prime minister's office, after Israel's cabinet authorized the mobilization of up to 75,000 reservists, preparing for a possible ground invasion.


Israeli planes shattered the office building of Prime Minister Ismail Haniyeh - where he had met on Friday with the Egyptian prime minister - and struck the Interior Ministry.


Loud explosions regularly rocked the densely populated Palestinian territory, sending plumes of smoke billowing into the sky. The occasional hiss of outgoing rocket fire showed Islamist militants were pursuing their defiance of the assault.


Despite the violence, Tunisia's foreign minister arrived in the coastal enclave on Saturday in a show of solidarity, denouncing the Israeli attacks as illegitimate and unacceptable.


Officials in Gaza said 41 Palestinians, among them 20 civilians including eight children and a pregnant woman, had been killed in Gaza since Israel began operations four days ago. Three Israeli civilians were killed by a rocket on Thursday.


Israel's military said its air force had hit at least 180 targets since midnight, including a police headquarters, government buildings, rocket launching squads and a Hamas training facility in the impoverished territory.


A three-storey house belonging to Hamas official Abu Hassan Salah was also hit and completely destroyed early on Saturday. Rescuers said at least 30 people were pulled from the rubble.


"What Israel is doing is not legitimate and is not acceptable at all," Tunisian Foreign Minister Rafik Abdesslem said as he visited Haniyeh's wrecked headquarters. "It does not have total immunity and is not above international law."


Israel launched a massive air campaign on Wednesday with the declared aim of deterring Hamas from launching cross-border rocket salvoes that have plagued southern Israel for years.


The Palestinians have fired hundreds of rockets out of Gaza, including one at Jerusalem and three at Tel Aviv - Israel's commercial centre. Jerusalem had not been targeted in such a way since 1970, and Tel Aviv since 1991.


Although there were no reports of casualties or damage in either city, the long-range attacks came as a shock and advanced the prospect of an Israeli ground invasion into Gaza


"This will last as long as is needed; we have not limited ourselves in means or in time," Foreign Minister Avigdor Lieberman told Israel's Channel One television on Saturday.


Hamas says it is committed to continued confrontation with Israel and is eager not to seem any less resolute than smaller, more radical groups that have emerged in Gaza in recent years.


The Islamist Hamas has ruled Gaza since 2007. Israel pulled settlers out of Gaza in 2005 but has maintained a blockade of the territory.


EGYPTIAN PEACE EFFORTS


Prime Minister Benjamin Netanyahu held a four-hour strategy session late on Friday with a clutch of senior ministers on widening the military campaign, while other cabinet members were polled by telephone on increasing mobilization.


Political sources said they decided to more than double the current reserve troop quota set for the Gaza offensive to 75,000. It did not necessarily mean all would be called up.


Three soldiers were lightly hurt by fire from the Gaza Strip on Saturday, the army said.


Egyptian Prime Minister Hisham Kandil paid a high-profile visit to Gaza on Friday, denouncing what he described as Israeli aggression and saying Cairo was prepared to mediate a ceasefire.


Egypt's Islamist government, which took power after free elections following an uprising that ousted veteran autocrat Hosni Mubarak, is allied with Hamas but also party to a 1979 peace treaty with Israel.


"Egypt will spare no effort ... to stop the aggression and to achieve a truce," Kandil said.


A Palestinian official with knowledge of Cairo's mediation efforts said on Saturday that Egypt was pursuing a truce.


"Egyptian mediators are continuing their mediation efforts and these will intensify in the coming hours," he told Reuters.


In a further sign Netanyahu might be clearing the way for a ground operation, Israel's armed forces decreed a highway leading to the territory and two roads bordering the enclave of 1.7 million Palestinians off-limits to civilian traffic.


Tanks and self-propelled guns were seen near the sandy border zone on Saturday, and around 16,000 reservists have already been called to active duty.


The Israeli military said some 367 rockets fired from Gaza had hit Israel since Wednesday and at least 222 more were intercepted by its Iron Dome anti-missile system.


Four Iron Domes were deployed initially and a fifth was rushed into action on Saturday, weeks ahead of schedule. The army said it was placed in the Tel Aviv area, showing Israel's concern for the safety of its heavily populated coastline.


Netanyahu is favored to win a January election, but further rocket strikes against Tel Aviv, a free-wheeling city Israelis equate with New York, and Jerusalem, which Israel regards as its capital, could be political poison for the conservative leader.


OBAMA REGRET


U.S. President Barack Obama commended Egypt's efforts to help calm the Gaza violence in a call to Egyptian President Mohamed Mursi on Friday, the White House said, and underscored his hope of restoring stability.


In a call with Netanyahu, Obama discussed options for "de-escalating" the situation, the White House added.


Obama "reiterated U.S. support for Israel's right to defend itself, and expressed regret over the loss of Israeli and Palestinian civilian lives," a statement on the call said.


Israel Radio's military affairs correspondent said the army's Homefront Command had told municipal officials to make civil defense preparations for the possibility that fighting could drag on for seven weeks. An Israeli military spokeswoman declined to comment on the report.


The Gaza conflagration has stirred the pot of a Middle East already boiling from two years of Arab revolutions and a civil war in Syria that threatens to spread across borders.


"Israel should understand that many things have changed and that lots of water has run in the Arab river," Tunisia's Abdesslem told reporters in Gaza.


It is the stiffest challenge yet for Mursi, a veteran politician from the Muslim Brotherhood who was elected this year after protests ended Mubarak's 30-year rule in 2011.


Egypt's Muslim Brotherhood are spiritual mentors of Hamas, yet Mursi has also pledged to respect Cairo's peace accord with Israel, which is seen in the West as the foundation of regional security. Egypt and Israel both receive billions of dollars in U.S. military aid to underwrite their treaty.


Hamas fighters are no match for the Israeli military. The last Gaza war, involving a three-week long Israeli air blitz and ground invasion over the New Year period of 2008-2009, killed more than 1,400 Palestinians, mostly civilians. Thirteen Israelis died.


U.N. Secretary-General Ban Ki-moon is expected to visit Israel and Egypt next week to push for an end to the fighting in Gaza, U.N. diplomats said on Friday.


Hamas refuses to recognize Israel's right to exist. By contrast, Palestinian President Mahmoud Abbas, who rules in the nearby West Bank, does recognize Israel, but peace talks between the two sides have been frozen since 2010.


Abbas' supporters say they will push ahead with a plan to have Palestine declared an "observer state" rather than a mere "entity", at the United Nations later this month.


(Additional reporting by Maayan Lubell and Ori Lewis in Jerusalem; Writing by Crispian Balmer and Jeffrey Heller; Editing by)


Read More..

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)


Gadgets News Headlines – Yahoo! News



Read More..

It's a Girl for Chad Lowe




Celebrity Baby Blog





11/17/2012 at 12:20 AM ET



Tamera Mowry-Housley Introduces Son Aden
Chelsea Lauren/WireImage


It’s a girl for Chad Lowe.


The Pretty Little Liars star and wife Kim welcomed their second daughter on Thursday, Nov. 15, the actor announced via Twitter.


“It’s a girl!!! And she’s as beautiful as her mommy and [3½-year-old] big sister Mabel,” Lowe, 44, writes. “We are blessed!”


The couple, who married in August 2010, announced the pregnancy in June.


“I’m trying to bank some sleeping hours, which is a little tough,” Lowe joked to PEOPLE last Saturday, sharing that his wife was due to deliver this week.


– Sarah Michaud


Read More..

EU drug regulator OKs Novartis' meningitis B shot

LONDON (AP) — Europe's top drug regulator has recommended approval for the first vaccine against meningitis B, made by Novartis AG.

There are five types of bacterial meningitis. While vaccines exist to protect against the other four, none has previously been licensed for type B meningitis. In Europe, type B is the most common, causing 3,000 to 5,000 cases every year.

Meningitis mainly affects infants and children. It kills about 8 percent of patients and leaves others with lifelong consequences such as brain damage.

In a statement on Friday, Andrin Oswald of Novartis said he is "proud of the major advance" the company has made in developing its vaccine Bexsero. It is aimed at children over two months of age, and Novartis is hoping countries will include the shot among the routine ones for childhood diseases such as measles.

Novartis said the immunization has had side effects such as fever and redness at the injection site.

Recommendations from the European Medicines Agency are usually adopted by the European Commission. Novartis also is seeking to test the vaccine in the U.S.

Read More..

Shares flat as data offsets "cliff" hope

Whoa, trouble in TriBeCa! It seems that the tony downtown Manhattan neighborhood's two most famous residents, The Adventures of Rocky & Bullwinkle actor Robert De Niro and Beyoncé's husband Jay-Z, recently had something of a public spat. Well, it was actually more one-sided than a spat, as De Niro did most of the talking, scolding Jay for not returning his calls. ...
Read More..

Egypt in Gaza truce bid as rocket jolts Tel Aviv

GAZA (Reuters) - Egypt tried to open a tiny window to emergency peace diplomacy in Gaza on Friday, but hopes for even a brief ceasefire while its prime minister was inside the bombarded enclave to talk to leaders of the Islamist Hamas movement were immediately dashed.


Prime Minister Hisham Kandil visited the Gaza Strip officially to show solidarity with the Palestinian people after two days of relentless attacks by Israeli warplanes determined to end militant rocket fire at Israel.


A Palestinian official close to Egypt's mediators told Reuters Kandil's visit "was the beginning of a process to explore the possibility of reaching a truce. It is early to speak of any details or of how things will evolve".


Israel undertook to cease fire during the visit if Hamas did too. But it said rockets fired from Gaza hit several sites in southern Israel as he was in the enclave and has begun drafting 16,000 reserve troops, a possible precursor to invasion.


Tanks and self-propelled guns were seen near the border area of Friday and sirens sounded again over Tel Aviv, after witnesses in Gaza saw a long-range rocket launched. Israeli police said it landed in the sea off Israel's commercial centre.


A Hamas source said the Israeli air force launched an attack on the house of Hamas's commander for southern Gaza which resulted in the death of two civilians, one a child.


Israel's military strongly denied carrying out any attack from the time Kandil entered Gaza, and accused Hamas of violating the three-hour deal.


"Even though about 50 rockets have fallen in Israel over the past two hours, we chose not to attack in Gaza due to the visit of the Egyptian prime minister. Hamas is lying and reporting otherwise," the army said in a Twitter message.


Kandil said: "Egypt will spare no effort ... to stop the aggression and to achieve a truce."


At a Gaza hospital he held the bloodied body of a child. He left the Gaza Strip after meeting with Hamas leader Ismail Haniyeh, the enclave's prime minister.


Palestinian medics said two people were killed in the disputed explosion at the house, one of them a child. It raised the Palestinian death toll since Wednesday to 22. Three Israelis were killed by a rocket on Thursday.


The Palestinian dead include eight militants and 14 civilians, among them seven children and a pregnant woman. A Hamas rocket killed three Israeli civilians in a town north of Gaza, men and women in their 30s, hitting their apartment.


GERMANY BLAMES HAMAS


The Gaza conflagration has stoked the flames of a Middle East ablaze with two years of Arab revolution and a civil war in Syria that threatens to engulf the whole region.


German Chancellor Angela Merkel called on Egypt to use its influence on Hamas to bring the violence to an end, her spokesman said, adding that Israel had the "right and obligation" to protect its population.


"Hamas in Gaza is responsible for the outbreak of violence," Merkel's spokesman Georg Streiter told a news conference. "There is no justification for the shooting of rockets at Israel, which has led to massive suffering of the civilian population."


Chief Palestinian peace negotiator Saeb Erekat, whose efforts to achieve a treaty with Israel are scorned by Hamas as treason, said Palestinian President Mahmoud Abbas's "efforts are focused on one thing: deescalate the violence and save lives in Gaza. That's what we're hoping for."


"No amount of pressure can stop our efforts at the United Nations" to obtain a General Assembly vote at the end of the month granting observer status to the Palestinian territories, including the Gaza Strip, West Bank and East Jerusalem, he said.


Hamas rejects the diplomacy of Abbas outright. But Erekat said: "It is our brothers' and sisters' blood. This is no time for internal squabbles or pointing fingers."


TEL AVIV


Air raid sirens wailed over Tel Aviv on Thursday evening, sending residents rushing for shelter, and two long-range rockets exploded just south of the metropolis. The location of the impacts was not disclosed.


They exploded harmlessly, police said. But they shook the 40 percent of Israelis who, until now, lived in safety beyond range of the southern rocket zone.


"Even Prime Minister (Benjamin) Netanyahu was rushed into a reinforced room," said cabinet minister Gilad Eldan.


Just as in late 2008, Israel's demands that Hamas and other militants stop firing rockets at southern towns appeared to be being ignored, and the fire was increasing.


The last Gaza war, involving a three-week long Israeli air blitz and ground invasion over the New Year period of 2008-2009, left more than 1,400 Palestinians dead, mostly civilian, and killed 13 Israelis.


THE MESSAGE


"If Hamas says it understands the message and commits to a long ceasefire, via the Egyptians or anyone else, this is what we want. We want quiet in the south and a stronger deterrence," Israeli vice prime minister Moshe Yaalon said.


"The Egyptians have been a pipeline for passing messages. Hamas always turns (to them) to request a ceasefire. We are in contact with the Egyptian defense ministry. And it could be a channel in which a ceasefire is reached," he told Israeli radio.


Tunisia's foreign minister was due to visit Gaza on Saturday "to provide all political support for Gaza" the spokesman for the Tunisian president, Moncef Marzouki, said in a statement.


On Israel's side of the border there were signs of possible preparations for a ground assault on Gaza. In pre-dawn strikes, warplanes bombed open land along the fence, in what could be a softening-up stage to clear the way for tanks.


The United States asked countries that have contact with Hamas to urge the Islamist movement to stop its rocket attacks.


EGYPT ON THE SPOT


Hamas refuses to recognize Israel's right to exist. By contrast, Abbas, who rules in the nearby West Bank, does recognize Israel, but peace talks between the two sides have been frozen since 2010.


Abbas's supporters say they will push ahead with their plan to become an "observer state" rather than a mere "entity" at the United Nations later this month.


Egypt's new Islamist president, Mohamed Mursi, viewed by Hamas as a protector, led a chorus of denunciation of the Israeli strikes by allies of the Palestinians.


The conflict poses a test of Mursi's commitment to Egypt's 1979 peace treaty with Israel, which the West views as the bedrock of Middle East peace.


The Muslim Brotherhood, which brought him to power in an election after the downfall of pro-Western Hosni Mubarak, has called for a "Day of Rage" in Arab capitals on Friday.


The Israel Defence Forces (IDF) said they had targeted over 450 "terror activity sites" in the Gaza Strip since Operation Pillar of Defence began with the assassination of Hamas' top military commander on Wednesday by an Israeli missile.


Some 150 medium range rocket launching sites and ammunition dumps were targeted overnight, the IDF said.


"The sites that were targeted were positively identified by precise intelligence over the course of months," it said. "The Gaza strip has been turned into a frontal base for Iran, forcing Israeli citizens to live under unbearable circumstances."


(Additional reporting by Ori Lewis, Ari Rabinovitch, Jeffrey Heller and Crispian Balmer in Jerusalem; writing by Douglas Hamilton; editing by Philippa Fletcher)


Read More..

Sina banks on Weibo but weak fourth quarter guidance spooks investors
















(Reuters) – Chinese Internet company Sina Corp said its fourth quarter will be hit by a softer economy and posted weaker-than-expected sales guidance, despite a stronger revenue contribution from its hot microblogging platform Weibo.


Shares in Sina fell 7 percent after it forecast adjusted net revenue of $ 132 million to $ 136 million in the current quarter, below analysts’ expectations for $ 151.9 million according to Thomson Reuters I/B/E/S.













Sina, which makes most of its revenue from online advertising both on its website and Weibo, is facing stiff headwinds as firms slash advertising budgets due to a worsening economic outlook.


“We are going to see a weaker quarter for advertising overall in the fourth quarter,” said Charles Chao, Sina’s chief executive on an earnings conference call. The firm forecast Q4 advertising revenues would rise 6-8 percent from a year earlier.


Chao said Weibo contributed 16 percent to total revenue in the third quarter, up from 10 percent in the previous quarter. The platform, which is very popular with white-collar workers, university students and celebrities, had 424 million registered users at the end of the quarter, up from 368 million three months earlier.


Advertisers, like luxury brands, that traditionally don’t advertise with Sina’s main portal website flocked to Weibo to test out the social platform, Chao said.


There were about 230,000 Weibo advertising accounts in the quarter, and Sina was in the process of rolling out a online payment system and new Weibo advertising product to increase monetization at the end of the fourth quarter.


“We believe a ‘promoted feed advertising’ will become one of the major forms of (Weibo) advertising going forward,” said Chao, adding that the product will be effective also on mobile platforms, allowing Sina to tap into Weibo’s growth on mobile devices.


Q3 PROFIT BEAT


For the third quarter, Sina’s net profit was $ 9.9 million compared with a loss of $ 336.3 million a year earlier, and slighly ahead of analysts’ expectations of $ 7.5 million.


Sina’s quarterly advertising revenue rose 19 percent to $ 120.6 million, while non-advertising revenue rose 9 percent to $ 31.8 million.


The company started monetizing Weibo by offering special services to business accounts and selling VIP memberships to regular users earlier this year.


For its mobile-value-added-services business, Sina said it expects revenue to continue to decline due to new regulatory policies.


The company was also affected by a spat between Japan and China over islands in the East China Sea as Japanese automakers cut back on advertising in China. Chao said he expected the impact to last into the fourth quarter.


“It did have an impact on our third quarter as well as our fourth quarter. We did see cancellations from customers related to Japanese automobiles in the month of September and it impacted the fourth quarter (too),” Chao said.


Sina shares fell 6.74 percent to $ 49.52 in extended trading. They closed at $ 53.10 on the Nasdaq on Thursday.


(Additional reporting by Aurindom Mukherjee in Bangalore; Editing by Sriraj Kalluvila and Richard Pullin)


Internet News Headlines – Yahoo! News



Read More..

Matthew McConaughey Is Dreaming of the Perfect Cheeseburger















11/16/2012 at 09:40 AM EST



Matthew McConaughey has dieted himself down to skin and bones for an upcoming movie, but when the five-week shoot is over, he's gunning for one thing: a po boy sandwich.

But if that can't be found, McConaughey, 43, says that he'll settle on a perfect cheeseburger, describing his decadent post-weight-loss meal down to the condiments.

“I will have some 70 percent beef, 30 percent fat ground beef, maybe a half pound cheeseburger with another three types of cheese," McConaughey, who is starring in the independent film, The Dallas Buyer's Club, tells Hitfix.com. "I'll prepare it all and I'll make sure that it takes three hours just to prepare."

The Texan also envisions just how he'll dress the long-awaited burger, and he plans to spare no calories.

"I'm going to have buns with butter on both sides, toasted and grilled," he said. "I'm going to melt the cheese on the top bun, Hellmann's Real Mayonnaise. I want kosher dill pickles sliced nice and thin, diced white onions, slightly grilled until they get almost hard, and some thin jalapeno slices. And then I'm just going to sit back and let the [expletive] just drop on the ground."

For now, though, the Magic Mike star reveals that he has gone from 170 to 143 pounds in his physical transformation. He is famous for his fitness and says while he's still doing some cardio, the trick to dropping the pounds at his age is all about diet. He's lost so much now, however, that he says he's not so hungry.

"Your organs and muscles shrink, your organs shrink and my stomach has shrunk as well," he reveals. "So, as much as I can't wait to have that cheeseburger on the day [shooting ends], it'll probably be damn hard to eat the whole thing."

Read More..

Booze calories nearly equal soda's for US adults

NEW YORK (AP) — Americans get too many calories from soda. But what about alcohol? It turns out adults get almost as many empty calories from booze as from soft drinks, a government study found.

Soda and other sweetened drinks — the focus of obesity-fighting public health campaigns — are the source of about 6 percent of the calories adults consume, on average. Alcoholic beverages account for about 5 percent, the new study found.

"We've been focusing on sugar-sweetened beverages. This is something new," said Cynthia Ogden, one of the study's authors. She's an epidemiologist with the Centers for Disease Control and Prevention which released its findings Thursday.

The government researchers say the findings deserve attention because, like soda, alcohol contains few nutrients but plenty of calories.

The study is based on interviews with more than 11,000 U.S. adults from 2007 through 2010. Participants were asked extensive questions about what they ate and drank over the previous 24 hours.

The study found:

—On any given day, about one-third of men and one-fifth of women consumed calories from beer, wine or liquor.

—Averaged out to all adults, the average guy drinks 150 calories from alcohol each day, or the equivalent of a can of Budweiser.

—The average woman drinks about 50 calories, or roughly half a glass of wine.

—Men drink mostly beer. For women, there was no clear favorite among alcoholic beverages.

—There was no racial or ethnic difference in average calories consumed from alcoholic beverages. But there was an age difference, with younger adults putting more of it away.

For reference, a 12-ounce can of regular Coca-Cola has 140 calories, slightly less than a same-sized can of regular Bud. A 5-ounce glass of wine is around 100 calories.

In September, New York City approved an unprecedented measure cracking down on giant sodas, those bigger than 16 ounces, or half a liter. It will take effect in March and bans sales of drinks that large at restaurants, cafeterias and concession stands.

Should New York officials now start cracking down on tall-boy beers and monster margaritas?

There are no plans for that, city health department officials said, adding in a statement that while studies show that sugary drinks are "a key driver of the obesity epidemic," alcohol is not.

Health officials should think about enacting policies to limit alcoholic intake, but New York's focus on sodas is appropriate, said Margo Wootan, director of nutrition policy for the Center for Science in the Public Interest, a public health advocacy group.

Soda and sweetened beverages are the bigger problem, especially when it comes to kids — the No. 1 source of calories in the U.S. diet, she said.

"In New York City, it was smart to start with sugary drinks. Let's see how it goes and then think about next steps," she said.

However, she lamented that the Obama administration is planning to exempt alcoholic beverages from proposed federal regulations requiring calorie labeling on restaurant menus.

It could set up a confusing scenario in which, say, a raspberry iced tea may have a calorie count listed, while an alcohol-laden Long Island Iced Tea — with more than four times as many calories — doesn't. "It could give people the wrong idea," she said.

Read More..

Stock futures point to flat Wall St open, Wal-Mart lower

NEW YORK (Reuters) - Stock index futures pointed to a flat open on Thursday, with investors finding few reasons to buy after weak results from Wal-Mart Stores Inc and rising tensions in the Middle East.


Futures were off their highs of the session, continuing a trend of equities having difficulty holding onto gains.


Wal-Mart fell 2.9 percent to $69.25 in premarket trading after reporting third-quarter revenue that missed expectations. The company said economic conditions pressured customers' spending.


"This is troubling because it flies in the face of other retail data we've seen lately, which has been positive," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh. "There's not much out there convincing investors that things are getting any better."


Discount retailer Target Corp rose 1 percent to $62 before the bell after it reported profit that beat expectations.


Futures fell on economic data, which showed a spike in weekly jobless benefits claims, though consumer prices came in as expected with a 0.1 percent increase. The government said claims totaled 439,000 compared with expectations of 375,000 and reflected the impact of superstorm Sandy.


A regional gauge of manufacturing in New York state slowed for a fourth straight month in November but was stronger than analysts' expectations.


S&P 500 futures fell 1.8 points and were 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 25 points and Nasdaq 100 futures rose 5.75 points.


With Wednesday's drop, both the Dow and Nasdaq ended at their lowest levels since late June. The S&P 500 is down 5.1 percent in the six sessions since election night. Wednesday marked the benchmark index's lowest close since July 25.


Investors may seek bargains at these levels, and a round of stronger economic data could prove to be a catalyst, but many analysts say strong gains may be hard to come by until at least one of several global macroeconomic headwinds go away.


Overseas, Israel launched a major offensive against Palestinian militants in Gaza, killing the military commander of Hamas in an air strike and threatening an invasion of the enclave. Egypt said it recalled its ambassador from Israel in response.


"Nothing over there seems stable, and investors are concerned other countries could be pulled into the conflict. You're going to see oil jump on that threat," Forest said.


President Barack Obama Wednesday reiterated his position that marginal tax rates would have to rise to tackle U.S. deficits. Taxes on capital gains and dividends could rise as part of the negotiations, pushing investors to sell this year and pay lower taxes on their gains.


(Editing by Kenneth Barry)


Read More..