Bolshoi’s artistic director attacked in Moscow






MOSCOW (AP) — The artistic director of the Bolshoi Theater‘s ballet troupe was attacked with acid in Moscow and his eyesight is threatened, the theater said Friday.


Sergei Filin, a 42-year-old former ballet star, was approached Thursday night by an unknown man who splashed acid on his face as he got out of his car outside his home in central Moscow, Russian television reported.






Bolshoi spokeswoman Katerina Novikova, who visited Filin at the hospital Thursday night, told The Associated Press that his condition is stable but his eyesight is threatened.


Filin was appointed artistic director of the Bolshoi‘s ballet company in March 2011. He danced for the Bolshoi on and off from 1988 to 2004 when his sustained a severe injury onstage.


The theater’s director general Anatoly Iksanov told Russia’s Channel One that he believes the attacked is linked to Filin’s work.


“He was a man of principle and never compromised,” Iksanov said. “If he believed that this or that dancer was not ready or was unable perform this or that part, he would turn them down.”


Several stars at the Bolshoi including Nikolai Tsiskaridze, one of its most celebrated dancers, have complained about what they call Filin’s unfair treatment of dancers at the Bolshoi.


Entertainment News Headlines – Yahoo! News





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Which Tax Haven Is Right for You?






Once confined to a few tropical islands riddled with yachts and flashy drug dealers, the tax haven market has morphed into a sprawling tableau of low-tax zones that cater to wealthy individuals and multinationals. For the uninitiated, an abbreviated catalog of haven types.


Businessweek.com — Top News









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MoneyTV with Donald Baillargeon, 1/18






LOS ANGELES, CA–(Marketwire – Jan 18, 2013) – Obama’s assault politics, solar breakthrough, frack water cleanup, STEM education, fuel cells, reverse mortgages; this week on MoneyTV with Donald Baillargeon. MoneyTV is the internationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with company CEOs, providing insights into their operations and outlooks for their futures.


Free information packages from the featured companies can be requested by sending an email to [email protected]






The television program can also be viewed online immediately at www.moneytv.net.


Featured companies on this week’s program include:


XsunX Inc. ( OTCBB : XSNX ) CEO Tom Djokovich announced the company has begun the final phase in preparing their CIGSolar System for client demonstrations and mentioned a video demonstration will be available in the coming weeks.


Neah Power Systems, Inc. ( OTCBB : NPWZ ) CEO Chris D’Couto provided an update of recent company activity and a look forward.


OriginOil, Inc. ( OTCBB : OOIL ) CEO Riggs Eckelberry announced the company was taking its frack water cleanup technology on the road for demonstrations in Texas.


PCS Edventures, Inc. ( OTCQB : PCSV ) CEO Robert Grover announced a prestigious addition to the company’s board.


The Mortgage Minute Guy Roger Schlesinger discussed the advantages of reverse mortgages.


MoneyTV debuted in 1996 and is broadcast internationally in more than 180 million TV households in over 75 countries.


A complete menu of TV listings is available at the MoneyTV web site, http://www.moneytv.net


MoneyTV Executive Producer and Anchor Donald Baillargeon is also the host of MoneyRap Radio, http://www.moneyrap.com and the daily television program Global Financial News Minute with Donald Baillargeon.


MoneyTV with Donald Baillargeon television program, Copyright MMXII, all rights reserved. MoneyTV does not provide an analysis of companies’ financial positions and is not soliciting to purchase or sell securities of the companies, nor are we offering a recommendation of featured companies or their stocks. Information discussed herein has been provided by the companies and should be verified independently with the companies and a securities analyst. MoneyTV provides companies a 3 to 4 month corporate profile with multiple appearances for a cash fee of $ 11,995.00 to $ 17,250.00, does not accept company stock as payment for services, does not hold any positions, options or warrants in featured companies. The information herein is not an endorsement by Donald Baillargeon, the producers, publisher or parent company of MoneyTV.


Marketwire News Archive – Yahoo! Finance





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Chinese, U.S. data push global shares to twenty-month high

LONDON (Reuters) - World shares hit a 20-month high on Friday as encouraging data from the United States and China boosted prospects for the global economy, while the yen hit new lows ahead of next week's Bank of Japan meeting.


China's economy grew at a slightly faster-than-expected 7.9 percent in the fourth quarter of 2012, the latest sign it is pulling out of a post-global financial crisis slowdown that produced its weakest year of economic growth since 1999.


The positive news came on top of strong U.S. labor and housing market reports on Thursday, providing fresh impetus to a recent strong and broad financial market rally.


MSCI's index of leading world shares <.miwd00000pus> was at it highest level since May 2011 at 551.90 points as trading got underway in Europe and after Tokyo and Hong Kong stock markets surged and the S&P 500 in New York hit a five-year high.


"We've got good numbers out of China, we had some good numbers out of U.S. yesterday ... The general sentiment is pretty good," said Neil Marsh, strategist at Newedge.


"There will probably be some phases of consolidation as we go forward, but the markets remain pretty resilient. More people are putting their cash to work now in riskier assets like equities, and there is no sign of that stopping at the minute."


European stocks opened higher, with London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's DAX <.gdaxi> up between 0.2 and 0.3 percent <.l><.eu><.n>. The region's data highlight of the day comes from British retail figures.


Industrial commodities jumped, leaving platinum and palladium near multi-month highs hit on Thursday, while oil prices edged up, with U.S. crude up 0.1 percent at $95.61 a barrel and Brent futures adding 0.2 percent to $111.27.


YEN SLIDE RESUMES


The strong U.S. data and mounting expectations for more aggressive easing by the Bank of Japan (BOJ) next week lifted the dollar to its highest since June 2010 of 90.21 yen, and the euro to its peak since May 2011 of 120.73 yen.


The single currency was steady against the dollar at $1.3378.


Expectations that the new Japanese government will pursue massive fiscal spending and push for more aggressive BOJ easing to drive Japan out of years of deflation and economic slump have spurred heavy yen selling since November.


Sources told Reuters the BOJ will at its January 21-22 meeting consider removing the 0.1 percent floor on short-term interest rates and commit to open-ended asset buying until the 2 percent inflation target is reached.


In bond markets, German two-year government bond yields rose 0.25 percent to near their highest in nearly 10 months, with traders citing growing concerns in money markets over early bank repayments of three-year European Central Bank loans.


Banks can start making repayments on January 30, and the ECB will publish how much will be repaid then on January 25. A larger-than-expected repayment of around 400 billion euros would effectively tighten conditions and push up interbank rates.


(Reporting by Marc Jones; Editing by Will Waterman)



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Manti Te'o girlfriend's death apparently a hoax


SOUTH BEND, Ind. (AP) — Not long before Notre Dame played Michigan State last fall, word spread that Fighting Irish linebacker Manti Te'o had lost his grandmother and girlfriend within hours of each other.


Te'o never missed a practice and made a season-high 12 tackles, two pass breakups and a fumble recovery in a 20-3 victory against the Spartans. His inspired play became a stirring story line for the Fighting Irish as they made a run to the national championship game behind their humble, charismatic star.


Te'o's grandmother did indeed die. His girlfriend, Lennay Kekua, never existed.


In a shocking announcement Wednesday night, Notre Dame said Te'o was duped into an online relationship with a woman whose "death" from leukemia was faked by perpetrators of an elaborate hoax. The goal of the scam wasn't clear, though Notre Dame said it used an investigative firm to dig into the details after Te'o disclosed them three weeks ago.


The hoax was disclosed hours after Deadspin.com posted a lengthy story, saying it could find no record that Kekua ever existed. The story suggests a friend of Te'o may have carried out the hoax and that the football player may have been in on it — a stunning claim against a widely admired All-American who led the most famed program in college football back to the championship game for the first time since 1988.


"This is incredibly embarrassing to talk about, but over an extended period of time, I developed an emotional relationship with a woman I met online," Te'o said in a statement. "We maintained what I thought to be an authentic relationship by communicating frequently online and on the phone, and I grew to care deeply about her. "


However, he stopped short of saying he had ever met her in person or correcting reports that said he had, though he did on numerous occasions talk about how special the relationship was to him.


"To realize that I was the victim of what was apparently someone's sick joke and constant lies was, and is, painful and humiliating," he said. "In retrospect, I obviously should have been much more cautious. If anything good comes of this, I hope it is that others will be far more guarded when they engage with people online than I was."


Word of the hoax spread quickly and raised questions about whether the school somehow played a role in pushing the tale.


Notre Dame athletic director Jack Swarbrick said at a news conference that Te'o told coaches on Dec. 26 that he had received a call from Kekua's phone number while at an awards ceremony during the first week of December.


"When he answered it, it was a person whose voice sounded like the same person he had talked to, who told him that she was, in fact, not dead. Manti was very unnerved by that, as you might imagine," Swarbrick said.


Swarbrick said the school hired investigators and their report indicated those behind the hoax were in contact with each other, discussing what they were doing.


The investigators "were able to discover online chatter among the perpetrators that was certainly the ultimate proof of this, the joy they were taking," Swarbrick said. "The casualness among themselves they were talking about what they accomplished."


Swarbrick said for Te'o "the pain was real."


"The grief was real. The affection was real," he said. "That's the nature of this sad, cruel game."


Swarbrick added: "Nothing about what I have learned has shaken my faith in Manti Te'o one iota."


Swarbrick said Notre Dame did not take the matter to the police, saying that the school left it up to Te'o and his family to do so. He added that Notre Dame did not plan to release the findings of its investigation.


"We had no idea of motive, and that was really significant to us. ... Was somebody trying to create an NCAA violation at the core of this? Was there somebody trying to impact the outcome of football games by manipulating the emotions of a key player? Was there an extortion request coming? When you match the lack of sort of detail we lacked until we got some help investigating it with the risk involved, it was clear to me until we knew more we had to just to continue to work to try to gather the facts," Swarbrick said.


The Deadspin report changed all that.


Friends and relatives of Ronaiah Tuiasosopo told Deadspin they believe he created Kekua. The website said Te'o and Tuiasosopo knew each other. Attempts by The Associated Press to reach Tuiasosopo by telephone were unsuccessful.


As for Kekua, Deadspin said she does not have a death certificate. Stanford, where she reportedly went to school, has no record of anybody by that name, the website said. Deadspin said a record search produced no obituary or funeral announcement. There is no record of her birth in the news.


There are a few Twitter and Instagram accounts registered to Lennay Kekua, but the website reported that photographs identified as Kekua online and in TV news reports are pictures from the social-media accounts of a 22-year-old California woman who is not named Lennay Kekua.


Te'o talked freely about their relationship after her supposed death and how much she meant to him.


In a story that appeared in The South Bend Tribune on Oct. 12, Manti's father, Brian, recounted an anecdote about how his son and Kekua met after Notre Dame had played at Stanford in 2009. Brian Te'o also told the newspaper that Kekua had visited Hawaii and met with his son. Brian Te'o told the AP in an interview in October that he and his wife had never met Manti's girlfriend but they had hoped to at the Wake Forest game in November. The father said he believed the relationship was just beginning to get serious when she died.


The Tribune released a statement saying: "At the Tribune, we are as stunned by these revelations as everyone else. Indeed, this season we reported the story of this fake girlfriend and her death as details were given to us by Te'o, members of his family and his coaches at Notre Dame."


The week before Notre Dame played Michigan State on Sept. 15, coach Brian Kelly told reporters when asked that Te'o's grandmother and a friend had died. He said Kekua had told Te'o not to miss a game if she died. The linebacker turned in one of his best performances of the season and his playing through heartache became a prominent theme during the Irish's undefeated regular season. He finished second in Heisman voting.


"It further pains me that the grief I felt and the sympathies expressed to me at the time of my grandmother's death in September were in any way deepened by what I believed to be another significant loss in my life," Te'o said in his statement.


"I am enormously grateful for the support of my family, friends and Notre Dame fans throughout this year. To think that I shared with them my happiness about my relationship and details that I thought to be true about her just makes me sick. I hope that people can understand how trying and confusing this whole experience has been."


Te'o and the Irish lost the title game to Alabama, 42-14 on Jan. 7. He has graduated and was set to begin preparing for the NFL combine and draft at the IMG Academy in Bradenton, Fla., this week.


"Fortunately, I have many wonderful things in my life," he said in his statement, "and I'm looking forward to putting this painful experience behind me as I focus on preparing for the NFL draft."


Read More..

Did Scientology ad cross line?




The Church of Scientology is also at fault for thinking the advertorial would survive The Atlantic readers' scrutiny, Ian Schafer says.




STORY HIGHLIGHTS


  • The Atlantic published and pulled a sponsored Scientology "story"

  • Ian Schafer: On several levels, the ad was a mistake

  • He says the content was heavy-handed and comments were being moderated

  • Schafer: Experimenting to raise revenue makes sense, but standards should be clear




Editor's note: Ian Schafer is the founder and CEO of a digital advertising agency, Deep Focus, and the alter ego of @invisibleobama. You can read his rants on his blog at ianschafer.com.


(CNN) -- "The Atlantic is America's leading destination for brave thinking and bold ideas that matter. The Atlantic engages its print, online, and live audiences with breakthrough insights into the worlds of politics, business, the arts, and culture. With exceptional talent deployed against the world's most important and intriguing topics, The Atlantic is the source of opinion, commentary, and analysis for America's most influential individuals who wish to be challenged, informed, and entertained." -- The Atlantic 2013 media kit for advertisers


On Monday, The Atlantic published -- and then pulled -- a story titled "David Miscavige Leads Scientology to Milestone Year." This "story" went on to feature the growth of Scientology in 2012.



Ian Schafer

Ian Schafer



Any regular reader of The Atlantic's content would immediately do a double-take upon seeing that kind of headline, much less the heavy-handed text below it, shamelessly plugging how well Scientology's "ecclesiastical leader" Miscavige has done in "leading a renaissance for the religion."


This "story" is one of several "advertorials" (a portmanteau of "advertising" and "editorials") that The Atlantic has published online, clearly designated as "Sponsor Content." In other words, "stories" like these aren't real stories. They are ads with a lot of words, which advertisers have paid publications to run on their behalf for decades. You may have seen them in magazines and newspapers as "special advertising sections."


The hope is that because you are already reading the publication, hey, maybe you'll read what the advertiser has to say, too -- instead of the "traditional" ad that they may have otherwise placed on the page that you probably won't remember, or worse, will ignore.



There's nothing wrong with this tactic, ethically, when clearly labeled as "sponsored" or "advertising." But many took umbrage with The Atlantic in this particular case; so many, that The Atlantic responded by pulling the story from its site -- which was the right thing to do -- and by apologizing.


At face value, The Atlantic did the right thing for its business model, which depends upon advertising sales. It sold what they call a "native" ad to a paying advertiser, clearly labeled it as such, without the intention of misleading readers into thinking this was a piece of journalism.


But it still failed on several levels.


The Atlantic defines its readers as "America's most influential individuals who wish to be challenged, informed, and entertained." By that very definition, it is selling "advertorials" to people who are the least likely to take them seriously, especially when heavy-handed. There is a fine line between advertorial and outright advertising copywriting, and this piece crossed it. The Church of Scientology is just as much at fault for thinking this piece would survive The Atlantic readers' intellectual scrutiny. But this isn't even the real issue.


Bad advertising is all around us. And readers' intellectual scrutiny would surely have let the advertorial piece slide without complaints (though snark would be inevitable), as they have in the past, or yes, even possibly ignored it. But here's where The Atlantic crossed another line -- it seemed clear it was moderating the comments beneath the advertorial.


As The Washington Post reported, The Atlantic marketing team was carefully pruning the comments, ensuring that they were predominantly positive, even though many readers were leaving negative comments. So while The Atlantic was publishing clearly labeled advertiser-written content, it was also un-publishing content created by its readers -- the very folks it exists to serve.


It's understandable that The Atlantic would inevitably touch a third rail with any "new" ad format. But what it calls "native advertising" is actually "advertorial." It's not new at all. Touching the third rail in this case is unacceptable.


So what should The Atlantic have done in this situation before it became a situation? For starters, it should have worked more closely with the Church of Scientology to help create a piece of content that wasn't so clearly written as an ad. If the Church of Scientology was not willing to compromise its advertising to be better content, then The Atlantic should not have accepted the advertising. But this is a quality-control issue.


The real failure here was that comments should never have been enabled beneath this sponsored content unless the advertiser was prepared to let them be there, regardless of sentiment.


It's not like Scientology has avoided controversy in the past. The sheer, obvious reason for this advertorial in the first place was to dispel beliefs that Scientology wasn't a recognized religion (hence "ecclesiastical").


Whether The Atlantic felt it was acting in its advertiser's best interest, or the advertiser specifically asked for this to happen, letting it happen at all was a huge mistake, and a betrayal of an implicit contract that should exist between a publication of The Atlantic's stature and its readership.


No matter how laughably "sales-y" a piece of sponsored content might be, the censoring of readership should be the true "third rail," never to be touched.


Going forward, The Atlantic (and any other publication that chooses to run sponsored content) should adopt and clearly communicate an explicit ethics statement regarding advertorials and their corresponding comments. This statement should guide the decisions it makes when working with advertisers, and serve as a filter for the sponsored content it chooses to publish, and what it recommends advertisers submit. It should also prevent readers from being silenced if given a platform at all.


As an advertising professional, I sincerely hope this doesn't spook The Atlantic or any other publication from experimenting with ways to make money. But as a reader, I hope it leads to better ads that reward me for paying attention, rather than muzzle my voice should I choose to interact with the content.


After all, what more could a publication or advertiser ask for than for content to be so interesting that someone actually would want to comment on (or better, share) it?


(Correction: An earlier version of this article incorrectly said native advertising accounts for 59% of the Atlantic's ad revenue. Digital advertising, of which native advertising is a part, accounts for 59% of The Atlantic's overall revenue, according to the company.)


Follow @CNNOpinion on Twitter.


Join us at Facebook/CNNOpinion.


The opinions expressed in this commentary are solely those of Ian Schafer.






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Bigelow directs “Zero Dark Thirty” torture critics to Washington






LOS ANGELES (Reuters) – The director of Oscar-nominated thriller “Zero Dark Thirty” on Wednesday defended the film’s depiction of torture in the hunt for Osama bin Laden, saying criticism would better be directed at the U.S. officials who ordered such policies.


Writing in the Los Angeles Times, Kathryn Bigelow said she personally opposed any use of torture, but said it was a part of the decade-long hunt for the al Qaeda leader that the film could not ignore.






“Those of us who work in the arts know that depiction is not endorsement,” Bigelow wrote of criticism of the movie’s torture scenes from Washington politicians, the media and human rights groups.


“I do wonder if some of the sentiments alternately expressed about the film might be more appropriately directed at those who instituted and ordered these U.S. policies, as opposed to a motion picture that brings the story to the screen,” said Bigelow, who won two Oscars in 2010 for her Iraq war movie “The Hurt Locker.”


“Zero Dark Thirty” was nominated last week for five Academy Awards in February, including best picture, screenplay and actress for Jessica Chastain.


But Bigelow was overlooked in the directing category in a snub that many Hollywood awards watchers attributed to weeks of negative publicity over the film.


A group of senators in December chided distributor Sony Pictures in a letter, calling the film “grossly inaccurate and misleading” for suggesting torture helped the United States capture bin Laden in May 2011.


Actor David Clennon, a member of the Academy of Motion Picture Arts and Sciences that selects Oscar winners, has urged fellow members not vote for the movie, accusing it of promoting torture.


However, in its first week of nationwide release, the movie topped the North American box office on Sunday, taking in $ 24 million.


Bigelow said her personal belief was that “Osama bin Laden was found due to ingenious detective work. Torture was, however, as we all know, employed in the early years of the hunt. That doesn’t mean it was the key to finding bin Laden. It means it is a part of the story we couldn’t ignore. War, obviously, isn’t pretty, and we were not interested in portraying this military action as free of moral consequences.”


“Bin Laden wasn’t defeated by superheroes zooming down from the sky; he was defeated by ordinary Americans who fought bravely even as they sometimes crossed moral lines, who labored greatly and intently, who gave all of themselves in both victory and defeat, in life and in death, for the defense of this nation,” she concluded.


(Reporting By Jill Serjeant; Editing by Doina Chiacu)


Movies News Headlines – Yahoo! News





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Safety fears hit more Dreamliners









Leithen Francis, Aviation Week: ‘Some 787 operators will ask for compensation from Boeing’



Boeing’s troubled 787 Dreamliner continues to face problems as more global regulators and airlines grounded the plane on safety concerns.


The Federal Aviation Administration (FAA) ordered US airlines to stop using 787s temporarily after a battery fault caused an emergency landing in Japan.


Airlines in Chile and India quickly complied by grounding their Dreamliners.


Boeing said that it stood by the integrity of the 787.


A string of issues have raised questions about the 787′s future.


In recent weeks Dreamliners have suffered incidents including fuel leaks, a cracked cockpit window, brake problems and an electrical fire. However, it is the battery problems that have caused the most concern.


On Wednesday, an All Nippon Airways (ANA) flight made an emergency landing because of a battery malfunction. That caused them to ground all 17 of their Dreamliners and Japan Airways followed suit.


The FAA said that airlines must demonstrate battery safety before flights can resume.


‘Every necessary step’


The FAA added that it had alerted the international aviation community of its airworthiness directive so that other authorities could take parallel action to cover the fleets operating in their countries.


Leithen Francis, from Aviation Week, said that could mean more bad news for Boeing in the coming days.


“When the FAA issues an airworthiness directive civil aviation and airlines around the world have to follow the FAA airworthiness directive, particularly in regards to the 787 because it a US-designed and developed aircraft,” he told the BBC.


Boeing said it supported the FAA but added it was confident the 787 was safe.


Continue reading the main story

Dreamliners in use


  • Air India: 6

  • All Nippon Airways (Japan): 17

  • Ethiopian Airlines: 4

  • Japan Airlines: 7

  • LAN Airlines (Chile): 3

  • Lot Polish Airlines: 2

  • Qatar Airways: 5

  • United Airlines (US) 6

  • Total: 50

Source: Boeing



Chief executive Jim McNerney said: “We will be taking every necessary step in the coming days to assure our customers and the travelling public of the 787′s safety and to return the airplanes to service.


“Boeing deeply regrets the impact that recent events have had on the operating schedules of our customers and the inconvenience to them and their passengers.”


Boeing shares closed down more than 3% on Wall Street on Wednesday.


Complying airlines


United Airlines, the only US airline currently operating Dreamliners, said it would immediately comply with the FAA’s directive and would begin re-accommodating customers on alternative aircraft.


Chile’s LAN announced it would suspend usage of its three Dreamliners in co-ordination with the Chilean Aeronautical Authority.


Indian aviation regulators also complied by ordering Air India to stop operating its 787s.


“The FAA has issued an advisory to ground the Dreamliners. We took a decision after that,” said director general of civil aviation Arun Mishra.


“As of now there is no clarity on when the Dreamliners will be back in service. Boeing has to satisfy everyone with safety standards.”


Continue reading the main story

Dreamliner’s problems


15 January: ANA flight NH 692 from Yamaguchi Ube is forced to land shortly after take-off due to battery problems. The airline grounds all its 17 Dreamliners. Japan Airlines follows suit, grounding its fleet of seven 787s


11 January: ANA reports a crack in the window on the pilot’s side of the cockpit on a Tokyo to Matsuyama flight. It causes no problems but the return flight is cancelled. The same airline says another Dreamliner flight is delayed due to an oil leak from a generator inside an engine


9 January: ANA cancels a 787 flight from Yamaguchi to Tokyo because of a brake problem


8 January: Japan Airlines cancels a Boston to Tokyo flight after about 40 gallons (151 litres) of fuel spills


7 January: An electrical fire breaks out on board a Japan Airlines Dreamliner shortly after it lands in Boston, following a flight from Tokyo


13 December: Qatar Airways grounds one of its 787s after several manufacturing faults cause electrical problems


4 December: A United Airlines flight is forced to make an emergency landing in New Orleans because of an electrical problem



All together with the Japanese airlines, who are the Dreamliner’s biggest customers, four-fifths of the 787s in use are now not flying.


Mr Francis said this could have an effect on airlines currently considering ordering 787s, causing them to choose rival Airbus’ A330 instead, which is a comparable aircraft and a proven product.


Under investigation


Late on Wednesday, the FAA said it would work with the manufacturer and carriers on an action plan to allow the US 787 fleet to resume operations as quickly and safely as possible.


“The in-flight Japanese battery incident followed an earlier 787 battery incident that occurred on the ground in Boston on January 7, 2013,” the regulator said.


“The AD (airworthiness directive) is prompted by this second incident involving a lithium ion battery.”


It said the battery failures resulted in the release of flammable electrolytes, heat damage, and smoke, and the cause of the failures was under investigation.


“These conditions, if not corrected, could result in damage to critical systems and structures, and the potential for fire in the electrical compartment,” the FAA said.


BBC News – Business





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Futures signal mixed Wall Street open

LONDON (Reuters) - U.S. stock futures pointed to a mixed open on Wall Street on Thursday, with futures for the S&P 500 rising 0.1 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures falling 0.1 percent.


Airlines scrambled on Thursday to rearrange flights as Europe, Japan and India joined the United States in grounding Boeing Co's 787 Dreamliner passenger jets while battery-related problems are investigated.


Earnings reports from major U.S. companies such as Citigroup , Intel , Bank of America and BlackRock , due later in the day, will be scrutinized for hints about the market's near-term direction.


First-time claims for jobless benefits for the week ended January 12 are due at 1330 GMT. Economists forecast a total of 365,000 new filings, compared with 371,000 in the previous week.


The Commerce Department releases housing starts and permits for December at 1330 GMT. Economists in a Reuters survey forecast a total of 903,000 permits in December, compared with 900,000 in the previous month.


Top executives at Goldman Sachs have been considering deep cuts to staffing levels and pay for at least two years, but feared too many layoffs would leave the firm unprepared for an eventual pickup in business, people familiar with the bank said.


Shares in Dutch telecoms company KPN rose more than 4 percent on Thursday after a report that U.S. peer AT&T is looking at an acquisition in Europe, including KPN and UK carrier Everything Everywhere.


AT&T is considering buying a telecoms company in Europe to offset growth constraints in its home market, the Wall Street Journal reported, citing unnamed people familiar with the company's thinking.


Taiwan Semiconductor Manufacturing Co Ltd reported a 32 percent rise in fourth-quarter profit as its cutting-edge technology keeps it ahead of rivals in the mobile gadget boom.


Philadelphia Federal Reserve Bank releases its January business activity survey at 1500 GMT. Economists forecast a reading of 5.8, versus 4.6 in December.


The pan-European FTSEurofirst 300 index <.fteu3> was flat in morning trading on Thursday.


The S&P 500 ended nearly flat on Wednesday as solid earnings from two major banks and a bounceback in Apple shares offset concerns about a lower forecast for global growth in 2013.


The Dow Jones industrial average <.dji> was down 23.66 points, or 0.17 percent, at 13,511.23 on Wednesday. The Standard & Poor's 500 Index <.spx> was up 0.29 points, or 0.02 percent, at 1,472.63. The Nasdaq Composite Index <.ixic> was up 6.77 points, or 0.22 percent, at 3,117.54.


(Reporting by Atul Prakash; Editing by Catherine Evans)



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Lance Armstrong may not be done confessing


Lance Armstrong may not be done confessing.


His interview with Oprah Winfrey hasn't aired yet, but already some people want to hear more — under oath — before Armstrong is allowed to compete in elite triathlons, a sport he returned to after retiring from cycling in 2011. In addition to stripping him of all seven of his Tour de France titles last year, anti-doping officials banned Armstrong for life from sanctioned events.


"He's got to follow a certain course," David Howman, director general of World Anti-Doping Agency, told the AP. "That is not talking to a talk show host."


Armstrong already has had conversations with U.S. Anti-Doping Agency officials, touching off speculation that the team leader who demanded loyalty from others soon may face some very tough choices himself: whether to cooperate and name those who aided, knew about or helped cover up a sophisticated doping ring that Armstrong ran on his tour-winning U.S. Postal Service squads. Former teammate Frankie Andreu, one of several riders Armstrong cast aside on his ride to the top of the sport, said no one could provide a better blueprint for cleaning up the sport.


"Lance knows everything that happened," Andreu told The Associated Press. "He's the one who knows who did what because he was the ringleader. It's up to him how much he wants to expose."


World Anti-Doping Agency officials said nothing short of "a full confession under oath" would even cause them to reconsider the ban. Although Armstrong admitted to Winfrey on Monday that he used performance-enhancing drugs, Howman said that is "hardly the same as giving evidence to a relevant authority." The International Cycling Union also urged Armstrong to tell his story to an independent commission it has set up to examine claims that the sport's governing body hid suspicious samples, accepted financial donations, and helped Armstrong avoid detection in doping tests.


Winfrey wouldn't detail what Armstrong said during their interview at a downtown Austin hotel. In an appearance on "CBS This Morning," she said she was "mesmerized and riveted by some of his answers." What had been planned as a 90-minute broadcast will be shown as a two-part special, Thursday and Friday, on Winfrey's OWN network.


The lifetime ban was imposed after a 1,000-page report by USADA last year outlined a complex, long-running doping program led by Armstrong. The cyclist also lost nearly all of his endorsements and was forced to cut ties with the Livestrong cancer charity he founded in 1997. The damage to Armstrong's reputation was just as severe.


The report portrayed him as well-versed in the use of a wide range of performance-enhancers, including steroids and blood boosters such as EPO, and willing to exploit them to dominate. Nearly a dozen teammates provided testimony about that drug regimen, among them Andreu and his wife, Betsy.


"A lot of it was news and shocking to me," Andreu said. "I am sure it's shocking to the world. There's been signs leading up to this moment for a long time. For my wife and I, we've been attacked and ripped apart by Lance and all of his people, and all his supporters repeatedly for a long time. I just wish they wouldn't have been so blind and opened up their eyes earlier to all the signs that indicated there was deception there, so that we wouldn't have had to suffer as much.


"And it's not only us," he added, "he's ruined a lot of people's lives."


Armstrong was believed to have left for Hawaii. The street outside his Spanish-style villa on Austin's west side was quiet the day after international TV crews gathered there hoping to catch a glimpse of him. Meanwhile, members of his legal team mapped out a strategy on how to handle at least two pending lawsuits against Armstrong, and possibly a third.


Former teammate Floyd Landis, who was stripped of the 2006 Tour de France title for doping, alleges in one of the lawsuits that Armstrong defrauded the U.S. government by repeatedly denying he used performance-enhancing drugs. The False Claims Act lawsuit could require Armstrong to return substantial sponsorship fees and pay a hefty fine. The AP reported earlier Tuesday that Justice Department officials were likely to join the whistleblower lawsuit before a Thursday deadline.


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Jim Litke reported from Chicago, Jim Vertuno from Austin, Texas. Stephen Wilson in London and John L. Mone in Dearborn, Mich., also contributed to this report.


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