French troops deployed in last Mali rebel strongholds


DOUENTZA, Mali/PARIS (Reuters) - French troops seized the airport in Mali's northern town of Kidal, the last urban stronghold held by Islamist insurgents, as they moved to wrap up the first phase of a military operation to wrest northern Mali from rebel hands.


France has deployed some 4,500 troops in a three-week ground and air offensive to break the Islamist rebels' 10-month grip on major northern towns. The mission is aimed at heading off the risk of Mali being used as a springboard for jihadist attacks in the wider region or Europe.


The French military plans to gradually hand over to a larger African force, tasked with rooting out insurgents in their mountain redoubts near Algeria's border.


Defense Minister Jean-Yves Le Drian said French forces using planes and helicopters defied a sandstorm late on Tuesday to capture the airport but had been prevented by the bad weather from entering the town itself.


"The terrorist forces are pulling back to the Adrar des Ifoghas mountains which are difficult to access," Le Drian told a news conference. "There is support from Chadian and Nigerian troops coming from the south."


The deployment of French troops to remote Kidal puts them in direct contact with pro-autonomy Tuareg MNLA rebels, whose rebellion last year was hijacked by the Islamist radicals. Le Drian said France had established good relations with local Tuareg chieftains before sending in troops.


MNLA leaders say they are ready to fight al Qaeda but many Malians, including the powerful military top brass in the capital Bamako, blame them for the division of the country. They view Paris' liaisons with the Tuaregs with suspicion.


French and Malian troops retook the major Saharan trading towns of Gao and Timbuktu at the weekend.


There were fears that many thousands of priceless ancient manuscripts held in Timbuktu, a UNESCO World Heritage site, might have been lost during the rebel occupation, but experts said the bulk of the texts were safe.


The United States and European governments strongly support the Mali intervention and are providing logistical and surveillance backing but do not intend to send combat troops.


The MNLA rebels, who want greater autonomy for the desert north, said they had moved fighters into Kidal after Islamists left the town earlier this week.


"For the moment, there is a coordination with the French troops," said Moussa Ag Assarid, the MNLA spokesman in Paris.


A spokesman for the Malian army said its soldiers were securing Gao and Timbuktu and were not heading to Kidal.


The MNLA took up arms against the Bamako government a year ago, seeking to carve out a new independent desert state.


After initially fighting alongside the Islamists, by June they had been forced out by their better armed and financed former allies, who include al Qaeda North Africa's wing, AQIM, a splinter wing called MUJWA and Ansar Dine, a Malian group.


RISK OF ATTACKS, KIDNAPPINGS


As the French wind up the first phase of their offensive, doubts remain about just how quickly the U.N.-backed African intervention force can be fully deployed in Mali to hunt down the retreating al Qaeda-allied insurgents. Known as AFISMA, the force is now expected to exceed 8,000 troops.


Foreign Minister Laurent Fabius said France's military operation, codenamed Serval (Wildcat), was planned as a lightning mission lasting a few weeks.


"Liberating Gao and Timbuktu very quickly was part of the plan. Now it's up to the African countries to take over," he told the Le Parisien daily. "We decided to put in the means and the necessary number of soldiers to strike hard. But the French contingent will not stay like this. We will leave very quickly."


One French soldier has been killed in the mission, and Fabius warned that things could now get more difficult, as the offensive seeks to flush out insurgents with experience of fighting in the desert from their wilderness hideouts.


"We have to be careful. We are entering a complicated phase where the risks of attacks or kidnappings are extremely high. French interests are threatened throughout the entire Sahel."


An attack on the In Amenas gas plant in Algeria earlier this month by Islamist fighters opposing the French intervention in Mali led to the deaths of dozens of foreign hostages and raised fears of similar reprisal strikes across North and West Africa.


NEED FOR RECONCILIATION


The French operation has destroyed the Islamists' training camps and logistics bases but analysts say a long term solution for Mali hinges on finding a political settlement between the northern communities and the southern capital Bamako.


Interim President Dioncounda Traore said on Tuesday his government would aim to hold national elections on July 31. Paris is pushing strongly for Traore's government to hold talks with the MNLA, which has dropped its claims for independence.


"The Malian authorities must begin without delay talks with the legitimate representatives of the northern population and non-terrorist armed groups that recognize Mali's integrity," French Foreign ministry spokesman Philippe Lalliot said.


After months of being kept on the political sidelines, the MNLA said they were in contact with West African mediators who are trying to forge a national settlement to reunite Mali.


"We reiterate that we are ready to talk with Bamako and to find a political solution. We want self-determination, but all that will be up to negotiations which will determine at what level both parties can go," Ag Assarid said.


There have been cases in Gao and Timbuktu and other recaptured towns of reprisal attacks and looting of shops and residences belonging to Malian Tuaregs and Arabs suspected of sympathizing with the MNLA and the Islamist rebels.


(Additional reporting John Irish and Emmanuel Jarry in Paris, David Lewis and Pascal Fletcher in Dakar; Writing by David Lewis and Daniel Flynn; Editing by Pascal Fletcher and Rosalind Russell)



Read More..

Wall Street advances as defensive stocks extend rally

NEW YORK (Reuters) - Stocks advanced on Tuesday, led by defensive sectors, in a sign the cash piles recently moving into the market are being put to use by cautious investors to pick up more gains.


The S&P 500 is on track to post its best monthly performance since October 2011 and its best January since 1997 as investors poured $55 billion in new cash into stock mutual funds and exchange-traded funds in January, the biggest monthly inflow on record. [ID:nL1N0AX45Q] The Dow Jones industrial average has been flirting with 14,000, a level it hasn't seen since October 2007.


Shares of Amazon.com jumped nearly 7 percent in extended trade after the world's largest Internet retailer posted fourth-quarter revenue that jumped 22 percent to $21.27 billion. The stock closed down 5.7 percent at $260.35 in regular trading.


Among rising defensive shares, which are companies relatively immune to economic swings, were drugmaker Pfizer , up 3.2 percent to $27.70 after posting earnings and AT&T , 1.6 percent higher at $34.68.


"Cyclical were moving very nicely, now you see balance with some of the defensive. Many managers use that as an internal hedge in equity portfolios," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.


She said the market is cautious ahead of Wednesday's statement following the Federal Reserve's two-day meeting. In addition, defensive stocks would hold up better if Friday's payrolls report surprises on the downside.


The S&P hovered near 1,500, and market technicians say the benchmark is at an inflection point which will determine the overall direction in the near term.


"The public is pouring in now," said Carter Worth, chief market technician at Oppenheimer & Co in New York. "It reflects complacency and that typically leads to hubris, and hubris leads to trouble. Everyone's buying."


The top performing sectors on the S&P 500 were healthcare <.spxhc> and telecom services <.splrcl>, so-called defensive sectors, both up more than 1 percent.


The energy sector also advanced, on the back of strong earnings from Valero Energy Corp and a hedge fund move to break up Hess Corp to boost investor returns.


Valero shares jumped 12.8 percent to $43.77 and Hess gained 9 percent to $68.11.


The equity gains have largely come on a strong start to earnings season, though results were mixed on Tuesday with Pfizer rising but Ford Motor Co down after its report.


Both companies reported profits that topped expectations, but Ford also forecast a wider loss in its European segment. Ford dropped 4.6 percent to $13.14 as one of the biggest percentage losers on the S&P 500.


The Dow Jones industrial average <.dji> was up 72.49 points, or 0.52 percent, at 13,954.42. The Standard & Poor's 500 Index <.spx> was up 7.66 points, or 0.51 percent, at 1,507.84. The Nasdaq Composite Index <.ixic> was down 0.64 points, or 0.02 percent, at 3,153.66.


Thomson Reuters data showed that of the 174 companies in the S&P 500 that have reported earnings this season, 68.4 percent have been above analyst expectations, which is a higher proportion than over the past four quarters and above the average since 1994.


Disappointing outlooks from Seagate Technology and BMC Software pressured their shares. Seagate lost 9.4 percent to $33.91 and BMC fell 6.3 percent to $41.71.


D.R. Horton Inc's quarterly profit more than doubled as it managed to sell more homes at higher prices, leading the No. 1 U.S. homebuilder to forecast a good spring selling season. The stock jumped 11.8 percent to $23.82.


U.S. home prices rose in November to rack up their best yearly gain since the housing crisis began, a further sign that the sector is on the mend, but consumer confidence fell to its lowest level in more than a year in the wake of higher taxes for many Americans.


(Reporting By Angela Moon; Editing by Nick Zieminski)



Read More..

A-Rod implicated in PED use again as MLB probes


NEW YORK (AP) — Alex Rodriguez was ensnared in a doping investigation once again Tuesday when an alternative weekly newspaper reported baseball's highest-paid star was among a half-dozen players listed in records of a Florida clinic the paper said sold performance-enhancing drugs.


The Miami New Times said the three-time AL MVP bought human growth hormone and other performance-enhancing substances during 2009-12 from Biogenesis of America LLC, a now-closed anti-aging clinic in Coral Cables, Fla., near Rodriguez's offseason home.


The new public relations firm for the New York Yankees third baseman issued a statement denying the allegations.


The newspaper said it obtained records detailing purchases by Rodriguez, 2012 All-Star game MVP Melky Cabrera, 2005 AL Cy Young Award winner Bartolo Colon and 2011 AL championship series MVP Nelson Cruz of Texas.


Cabrera left San Francisco after the season to sign with Toronto, while Oakland re-signed Colon.


Other baseball players the newspaper said appeared in the records include Washington pitcher Gio Gonzalez, who finished third in last year's NL Cy Young Award voting, and San Diego catcher Yasmani Grandal.


Biogenesis, which the New Times said was run by Anthony Bosch, was located in a beige, nondescript office park. The former clinic is no longer listed as a business in its directory,


"There was a flier put out by the building management a couple weeks ago. It was put on all the doors and windows of all the offices," said Brad Nickel, who works in a group cruise planning company on the floor above where the clinic was located. "It just said this guy's not really a doctor, he doesn't belong here, he's no longer allowed here, call the police or the building management if you see him."


David Sierra, who works in his aunt's real estate office in the same building, kept a picture of the flier on his iPhone. He recognized the doctor in the picture from passing him in the hallway.


Sierra said while he never recognized any of the clients at the clinic, "there were always really nice cars in front — I'm not talking just Mercedes. Range Rovers, Bentleys."


The New Times posted copies of what it said were Bosch's handwritten records, obtained through a former Biogenesis employee it did not identify.


Rodriguez appears 16 times in the documents it received, the paper said, either as "Alex Rodriguez," ''Alex Rod" or the nickname "Cacique," a pre-Columbian Caribbean chief.


Rodriguez admitted four years ago that he used PEDs from 2001-03. Cabrera, Colon and Grandal were suspended for 50 games each last year by MLB following tests for elevated testosterone. Responding to the testosterone use, MLB and the players' union said Jan. 10 they were authorizing the World Anti-Doping Agency laboratory outside Montreal to store each major leaguer's baseline testosterone/epitestosterone (T/E) ratio in order to detect abnormalities.


"We are always extremely disappointed to learn of potential links between players and the use of performance-enhancing substances," MLB said in a statement. "Only law enforcement officials have the capacity to reach those outside the game who are involved in the distribution of illegal performance-enhancing drugs. ... We are in the midst of an active investigation and are gathering and reviewing information."


A baseball official, speaking on condition of anonymity because he was not authorized to make public statements, said Monday that MLB did not have any documentation regarding the allegations. If MLB does obtain evidence, the players could be subject to discipline. First offenses result in a 50-game suspension and second infractions in 100-game penalties. A third violation results in a lifetime ban.


Rodriguez is sidelined for at least the first half of the season after hip surgery Jan. 16. A 50-game suspension would cost him $7.65 million of his $28 million salary.


"The news report about a purported relationship between Alex Rodriguez and Anthony Bosch are not true," Rodriguez said in a statement issued by a publicist. "He was not Mr. Bosch's patient, he was never treated by him and he was never advised by him. The purported documents referenced in the story — at least as they relate to Alex Rodriguez — are not legitimate."


Jay Reisinger, a lawyer who has represented Rodriguez in recent years, said the three-time AL MVP had retained Roy Black, an attorney from Rodriguez's hometown of Miami. Black's clients have included Rush Limbaugh and William Kennedy Smith.


Bosch did not return a phone message seeking comment.


MLB hopes to gain the cooperation of Bosch and others connected with the clinic, another baseball official said, also on condition of anonymity because no public statements on the matter were authorized. In order to successfully discipline players based on the records, witnesses would be needed to authenticate them, the official said.


Players could be asked to appear before MLB for interviews, but the official said MLB would be reluctant to request interviews before it has more evidence.


Rodriguez spent years denying he used PEDs before Sports Illustrated reported in February 2009 that he tested positive for two steroids in MLB's anonymous survey while with the Texas Rangers in 2003. Two days later, he admitted in an ESPN interview that he used PEDs over a three-year period. He has denied using PEDs after 2003.


If the new allegations were true, the Yankees would face high hurdles to get out of the final five years and $114 million of Rodriguez's record $275 million, 10-year contract. Because management and the players' union have a joint drug agreement, an arbitrator could determine that any action taken by the team amounted to multiple punishments for the same offense.


But if Rodriguez were to end his career because of the injury, about 85 percent of the money owed by the Yankees would be covered by insurance, one of the baseball officials said.


The Yankees said "this matter is now in the hands of the commissioner's office" and said they will not comment further until MLB's investigation ends.


Gonzalez, 21-8 for the Washington Nationals last season, posted on his Twitter feed: "I've never used performance enhancing drugs of any kind and I never will, I've never met or spoken with tony Bosch or used any substance provided by him. anything said to the contrary is a lie."


Colon was not issuing a statement, agent Adam Katz said through spokeswoman Lisa Cohen.


"We are aware of certain allegations and inferences," Cruz's law firm, Farrell & Reisinger, said in a statement. "To the extent these allegations and inferences refer to Nelson, they are denied."


Sam and Seth Levinson, the agents for Cabrera, Cruz and Gonzalez, did not respond to emails seeking comment. Greg Genske, Grandal's agent, also did not reply to an email.


Cruz and Gonzalez had not previously been linked to performance-enhancing drugs. Cruz hit 24 home runs last year for the Texas Rangers, who says they notified MLB last week after being contacted by the New Times.


The New Times report said it obtained notes by Bosch listing the players' names and the substances they received. Several unidentified employees and clients confirmed to the publication that the clinic distributed the substances, the paper said. The employees said that Bosch bragged of supplying drugs to professional athletes but that they never saw the sports stars in the office.


The paper said the records list that Rodriguez paid for HGH; testosterone cream; IGF-1, a substance banned by baseball that stimulates insulin production; and GHRP, which releases growth hormones.


Rodriguez's cousin, Yuri Sucart, also is listed as having purchased HGH. Sucart was banned from the Yankees clubhouse, charter flights, bus and other team-related activities by MLB in 2009 after Rodriguez said Sucart obtained and injected PEDs for him.


Also listed among the records, according to the New Times, are tennis player Wayne Odesnik, Cuban boxer Yuriorkis Gamboa and Jimmy Goins, the strength and conditioning coach of the University of Miami baseball team.


Odesnik, who lost in the first round of qualifying for this year's Australian Open, is a former top-100 player who was suspended by the International Tennis Federation after Australian customs officers found eight vials containing HGH in his luggage when he arrived in that country ahead of a January 2010 tournament. He denied using HGH and never tested positive for it. What originally was a two-year ban was cut in half because the ITF said Odesnik cooperated with its anti-doping program.


Mia Ro, a spokeswoman for the federal Drug Enforcement Administration in Miami, said she could not confirm or deny the existence of an investigation into Bosch or the clinic.


The University of Miami said it was conducting "an intensive review" of the matter but did not identify Goins by name.


Goins was "very surprised" to learn of the allegations raised by the New Times, according to a statement from Michelle A. White, of the Coral Gables law firm of Fenderson & Hampton, which said it was representing him.


White would not comment on whether Goins was a patient of Bosch but added that Goins "has done nothing improper either personally or as a representative of the University of Miami," and denies any allegation or inference of wrongdoing.


___


Associated Press writers Jennifer Kay in Coral Cables, Fla., and Curt Anderson in Miami, and AP Sports Writers Howard Fendrich and Tim Reynolds contributed to this report.


Read More..

Chevron Paid $10 Million in Claims Following Refinery Fire






Chevron U.S.A. has paid approximately $ 10 million in claims to compensate area hospitals, affected community members and local government agencies since its August fire at a refinery in Richmond, Calif., according to an update by the company released this week.


* On Aug. 6, 2012, a fire broke out due to a piping rupture at the oil refinery in Richmond, the report stated. Due to a high level of sulfur dioxide released with the emission, residents of Richmond, San Pablo and North Richmond were advised to stay indoors until the fire was controlled.






* Other materials released into the air from the fire include methane, non-methane hydrocarbon, hydrogen sulfide and nitric oxides.


* The Contra Costa Health Services website reported that a large number of people sought medical attention at local emergency rooms, mostly for minor complaints of nose, throat or eye irritation and respiratory issues. Three individuals were admitted to the hospital, Chevron stated.


* Some minor employee injuries were also reported with the incident, including burns, abdominal discomfort, respiratory irritation, blisters and bruises, the company stated.


* Air sampling in the surrounding area on Aug. 7-8 showed that the concentrations of hydrogen sulfide, sulfur dioxide and carbon monoxide were below detection limits, the company stated.


* According to the company, a claims process was established in order to compensate community members for medical and property expenses that occurred because of the fire. As of Jan. 21, the company says about 23,900 claims have been initiated and it has paid $ 10 million in compensation.


* Chevron stated this week that its investigation of the incident is ongoing and that it is working with multiple governmental agencies to discover what caused the leak in the piping system that led to the fire.


* The Associated Press reported in early January that federal investigators believe that firefighters may have accidentally damaged the pipe while trying to put out a small flash fire that had been caused by a leak in the line. The larger damage in the pipe would have released more gas, and could have led to the larger fire.


* According to Reuters, Chevron — the second-largest U.S. oil company — is planning to bring the Richmond refinery back to full production this quarter. Even though it posted decreased refining input in the third quarter of last year because of the fire, the company’s worldwide output was the was the highest it has been since mid-2011 at the end of the year.


Energy News Headlines – Yahoo! News





Title Post: Chevron Paid $10 Million in Claims Following Refinery Fire
Url Post: http://www.news.fluser.com/chevron-paid-10-million-in-claims-following-refinery-fire/
Link To Post : Chevron Paid $10 Million in Claims Following Refinery Fire
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Is the U.S. getting Egypt wrong again?




Egyptian riot police stand guard as people protest against Egypt's President Mohamed Morsy in Cairo on December 29, 2012.




STORY HIGHLIGHTS


  • National protests against Morsy set for second anniversary of Egypt's revolution

  • Cynthia Schneider: U.S. out of step, underestimates the anti-Morsy sentiment

  • She says proponents of secular democracy think the U.S. backs Muslim Brotherhood

  • She says massive protests will show U.S. needs to align itself with the popular will




Editor's note: Cynthia Schneider is a professor in the practice of diplomacy at Georgetown University; dean at the School of Diplomacy, Dubrovnik International University; and a senior nonresident fellow at Brookings Institution. She is also a former U.S. ambassador to the Netherlands.


(CNN) -- Protests planned around Egypt -- particularly in Cairo's Tahrir Square -- on the second anniversary of the January 25 revolution are expected to be an explosion of dissent, revealing the deep divisions in the country between President Mohamed Morsy and the Egyptian people.


Opposition to Morsy's authoritarianism is broader than the world recognizes. In making accommodations for Morsy's government, the United States is -- once again -- out of step with the Egyptian people.



Cynthia P. Schneider

Cynthia P. Schneider



Egyptians may not know exactly what they want, but they know what they don't want. Although an effective political opposition has yet to coalesce, Egyptians from all sectors of society are united in their refusal to accept another repressive regime.


Egypt is on a collision course. An ever growing, if periodically discouraged, portion of the population opposes the government and Morsy's Muslim Brotherhood, and supports the revolution's goals of social and economic justice, accountable government, and basic freedoms, including freedom of expression and protection of minorities. Yet the government is moving in exactly the opposite direction, with its authoritarian control over political, social, and religious life.


The government's investigation of the wildly popular "Egyptian Jon Stewart" Bassem Youssef -- charged with insulting Morsy and undermining his command -- and the forced "retirement" of respected journalist Hani Shukrallah, editor of state-owned Al-Ahram's English-language website, are just two very public examples of the vice tightening on freedom of expression.



In fact, the Arab Network for Human Rights says about 24 lawsuits for insulting Morsy have been filed against journalists and activists since his election in June.


The regime is trying to put the revolution genie back in the bottle. But it is clamping down on a population that has discovered its voice. In opposition to this repression, Egyptians at all levels are increasingly engaged in politics.


A Cairo cab driver -- ever the measure of popular sentiment -- recently debated the failings of the Constitution with a passenger. After reaching the destination, the driver leapt out, grabbed a dogeared copy of the Constitution he kept in the front seat, and pointed to a passage to prove his point to his passenger.


The December demonstrations against President Morsy and the Muslim Brotherhood-backed Constitution, which attracted an even broader segment of the population than those who stood in Tahrir Square in 2011, revealed the broadening chasm between the regime and the people in Egypt.








Assembled outside the Presidential Palace were old and young, veiled and unveiled, rich and poor. Whether they arrived in chauffeur-driven cars or whether they marched from Cairo's outlying shantytowns, the hundreds of thousands joined together in their refusal to accept a state that squashed the dreams of the revolution and dictated political, social, and religious behavior.


Many call the second wave of the revolution in the fall of 2012 the "Mothers' Revolution." Parents and grandparents went into the streets to protest the divided loyalties in their families between the Islamists (Brotherhood or Salafis) and those supporting a democratic, secular Egypt. In Egypt, secular means freedom from state control of religion, not nonreligious.


The clash between these two visions of Egypt -- secular with freedom and social justice, or a religious state run by the Brotherhood with its version of Sharia law -- played out inside families and on the streets.


Soldiers protecting the Presidential Palace during the December demonstrations were moved to tears when an Egyptian woman, referring to Morsy, shouted at them, "Why are you protecting this man who is pitting Egyptians against each other?"


Mohamed El Gindy, a successful businessman who opposes Morsy and spent much of December camping in Tahrir with the young revolutionaries, has experienced this division within families firsthand. A relative who had joined the Salafis informed him that the extreme Islamist group had put El Gindy at No. 5 on its "hit list," which is widely believed by Egyptians to exist. The relative was unapologetic until El Gindy told him that he might as well put El Gindy's mother on the list, too, since the octogenarian also had joined the street protests.


Egypt and its families may be divided, but on one subject, all are united -- in the belief that the United States is supporting the Muslim Brotherhood-dominated government.


Visible in the throngs at the December demonstrations were signs opposing Qatar and the United States -- yes, the U.S. and Qatar were lumped together as supporters of the Muslim Brotherhood regime.


"This is such a historic opportunity to restore the image of the U.S., but instead it is putting itself in the same position as Qatar. ... And this from President Obama -- so disappointing," Riham Bahi, a professor at American University in Cairo, said, reflecting views heard repeatedly last December in Egypt.


Opposition leader and blogger Bassem Sabry was even more blunt: "With the Constitution in play, you are subsidizing an Islamist state." Sabry said he was always pro-U.S. "until the revolution."


In addition, the Pentagon plans to proceed with the delivery of 20 F-16 jets to Egypt, a step that looks to Egyptians like a vote of confidence in Morsy. Unchanged since the revolution, U.S. aid policy toward Egypt still makes the military alliance its priority.


Two years after the Egyptian Revolution, the U.S. government finds itself again backing an authoritarian regime against the popular will. As January 25 approaches, with massive protests planned against Morsy's government, this is a precarious position for both the U.S. and Egypt.


In his second term, Obama should adopt a more agile and informed policy toward Egypt, one that matches the words often heard from the White House -- "The United States always has stood with the Egyptian people" -- with action.


Follow @CNNOpinion on Twitter.


Join us at Facebook/CNNOpinion.


The opinions expressed in this commentary are solely those of Cynthia Schneider.






Read More..

Teen girl killed, boy wounded in shooting near high school









A 15-year-old girl was fatally shot and 16-year-old boy wounded about three blocks from King College Prep on the South Side this afternoon, authorities said.


The shooting occurred around 2:20 p.m. in the 4500 block of South Oakenwald Avenue, police said. A 16 year-old boy was shot in the leg and a 15-year-old girl was wounded in the back, police said, citing preliminary information.


The Cook County medical examiner's office has been notified that the girl died.








The girl, who was not yet identified by authorities, was a sophomore at King high school, friends said. The boy also is a student at King, they said.


One of the teens was taken in serious to critical condition to Comer Children's Hospital, according to Chicago Fire Department spokesman Will Knight.


The other victim also was taken to Comer and police at first believed both victims' conditions had stabilized by a little after 3 p.m., said Chicago Police News Affairs Officer Veejay Zala.


At Comer this evening, a group of young people sat and stood inside the entrance to the hospital's emergency room, along with the principal of King high school.


Friends of the slain girl said King was dismissed early today because of exams, and students went to the park on Oakenwald--something they don't usually do.


Friends said the girl was a majorette and a volleyball player, a friendly and sweet presence at the school.


Neighbors reported hearing shots about 2:20 p.m. Neighbors said students from King hang out at Harsh Park, 4458-70 S. Oakenwald Ave., and that students were there this afternoon before the shooting took place.


Desiree Sanders said she heard six gunshots and called 911 after a neighbor told her that some teens had been shot.


Chicago Police crime data show no serious crimes happened in the 4400 or 4500 blocks of South Oakenwald Avenue Dec. 19 to Jan. 20.


“It’s a great neighborhood. Nothing like this has happened since I’ve been here,” on the block, said Roxanne Hubbard, who has lived in the neighborhood for 19 years.


As a matter of policy, Chicago Board of Education officials refuse to confirm whether any child is a student at Chicago Public Schools because a policy on student identification passed by the board several years ago has never been implemented.


Tribune reporter Liam Ford contributed


chicagobreaking@tribune.com


Twitter: @ChicagoBreaking





Read More..

Sixty-five people executed in Syria's Aleppo: activists


BEIRUT (Reuters) - At least 65 people were found shot dead with their hands bound in the northern Syrian city of Aleppo on Tuesday in a "new massacre" in the near two-year revolt against President Bashar al-Assad, activists said.


Opposition campaigners blamed the government but it was impossible to confirm who was responsible. Assad's forces and rebels have been battling in Syria's commercial hub since July and both have been accused of carrying out summary executions.


U.N.-Arab League mediator Lakhdar Brahimi told the U.N. Security Council "unprecedented levels of horror" had been reached in Syria, and that both the government and rebels had committed atrocious crimes, diplomats said.


He appealed to the 15-nation council to overcome its deadlock and take action to help end the civil war in which Syria is "breaking up before everyone's eyes".


More than 60,000 people are estimated to have been killed in the war, the longest and deadliest of the revolts that began throughout the Arab world two years ago.


The U.N. refugee agency said the fighting had forced more than 700,000 people to flee. World powers fear the conflict could envelop Syria's neighbors including Lebanon, Jordan and Turkey, further destabilizing an already explosive region.


Opposition activists posted a video of at least 51 muddied male bodies alongside what they said was the Queiq River in Aleppo's rebel-held Bustan al-Qasr neighborhood.


The bodies had what looked like bullet wounds in their heads and some of the victims appeared to be young, possibly teenagers, dressed in jeans, shirts and trainers.


Aleppo-based opposition activists who asked not to be named for security reasons blamed pro-Assad militia fighters.


They said the men had been executed and dumped in the river before floating downstream into the rebel area. State media did not mention the incident.


The British-based Syrian Observatory for Human Rights, which says it provides objective information about casualties on both sides of Syria's war from a network of monitors, said the footage was evidence of a new massacre and the death toll could rise as high as 80.


"They were killed only because they are Muslims," said a bearded man in another video said to have been filmed in central Bustan al-Qasr after the bodies were removed from the river. A pickup truck with a pile of corpses was parked behind him.


STALEMATE


It is hard for Reuters to verify such reports from inside Syria because of restrictions on independent media.


Rebels are stuck in a stalemate with government forces in Aleppo - Syria's most populous city which is divided roughly in half between the two sides.


The revolt started as a peaceful protest movement against more than four decades of rule by Assad and his family, but turned into an armed rebellion after a government crackdown.


About 712,000 Syrian refugees have registered in other countries in the region or are awaiting processing as of Tuesday, the U.N. refugee agency said.


"We have seen an unrelenting flow of refugees across all borders. We are running double shifts to register people," Sybella Wilkes, spokeswoman for the U.N. High Commissioner for Refugees (UNHCR), told Reuters in Geneva.


The United Nations said it had received aid promises ahead of a donor conference in Kuwait on Wednesday where it is seeking $1.5 billion for refugees and people inside Syria. Washington announced an additional $155 million that its said brought the total U.S. humanitarian aid to the crisis to some $365 million.


Aid group Médecins Sans Frontières said the bulk of the current aid was going to government-controlled areas in Syria and called on donors to make sure they were even-handed.


MISSILES


In the eastern city of Deir al-Zor, insurgents including al Qaeda-linked Islamists captured a security agency after days of heavy fighting, according to an activist.


Some of the fighters were shown carrying a black flag with the Islamic declaration of faith and the name of the al-Nusra Front, which has ties to al Qaeda in neighboring Iraq.


The war has become heavily sectarian, with rebels who mostly come from the Sunni Muslim majority fighting an army whose top generals are mostly from Assad's Alawite sect, an offshoot of Shi'ite Islam. Assad has framed the revolt as a foreign-backed conspiracy and blames the West and Sunni Gulf states.


Fighting also took place in the northern town of Ras al-Ain, on the border with Turkey, between rebels and Kurdish militants, the Observatory said.


In Turkey, a second pair of Patriot missile batteries being sent by NATO countries are now operational, a German security official said.


The United States, Germany and the Netherlands each committed to sending two batteries and up to 400 soldiers to operate them after Ankara asked for help to bolster its air defenses against possible missile attack from Syria.


(Additional reporting by Sylvia Westall in Kuwait, Sabine Siebold in Berlin and Stephanie Nebehay in Geneva; Editing by Andrew Heavens and Robin Pomeroy)



Read More..

S&P 500 eases, ends longest winning run in eight years

NEW YORK (Reuters) - The S&P 500 eased slightly on Monday after an eight-day run of gains, while the Nasdaq edged higher as Apple shares rebounded.


The index remained above 1,500, however, after closing above that level on Friday for the first time in more than five years. The S&P 500's eight sessions of gains was its longest winning streak in eight years.


Caterpillar shares helped limit losses on the Dow industrials even as the company posted a 55 percent drop in quarterly profit due to a charge connected with accounting fraud at a Chinese subsidiary and weak demand among its dealers. Caterpillar's shares, down 2.2 percent in the past three sessions, rose 2 percent Monday to $97.45.


"I think this multi-year high is really something that's in play both for shorter-term traders and with folks with money on the sidelines," said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama.


Bargain hunters lifted Apple after the tech giant's stock dropped 14.4 percent in the previous two sessions. With Apple's stock up 2.3 percent at $449.83, the iPad and iPhone maker regained the title as the largest U.S. company by market capitalization as Exxon Mobil fell 0.7 percent to $91.11 and slipped back to second place.


On the down side, Boeing fell 1.4 percent to $74 on worries about the potential hit from delays in its 787 Dreamliner program.


The Dow Jones industrial average <.dji> was down 14.05 points, or 0.10 percent, at 13,881.93. The Standard & Poor's 500 Index <.spx> was down 2.78 points, or 0.18 percent, at 1,500.18. The Nasdaq Composite Index <.ixic> was up 4.59 points, or 0.15 percent, at 3,154.30.


Investors poured $55 billion in new cash into stock mutual funds and exchange-traded funds in January, the biggest monthly inflow on record, research provider TrimTabs Investment Research said.


"What we have seen this year is, it appears the individual investor is allocating some 401(k) money to equities. Hopefully that's a decision that will be with us for a while," Hellwig said.


Data on Monday pointed to growing economic momentum as companies sensed improved consumer demand.


U.S. durable goods orders jumped 4.6 percent in December, a pace that far outstripped expectations for a rise of 1.8 percent. Pending home sales, however, unexpectedly dropped 4.3 percent. Analysts were looking for an increase of 0.3 percent.


Corporate earnings so far have mostly been stronger than expected. Thomson Reuters data showed that of the 150 companies in the S&P 500 that have reported earnings so far, 67.3 percent have beaten analysts' expectations, which is a higher proportion than over the past four quarters and above the average since 1994.


After the bell, shares of Yahoo rose 4.4 percent to $21.21 following the release of its results.


During the regular session, Hess Corp shares shot up 6.1 percent to $62.48 after the company said it would exit its refining business, freeing up to $1 billion of capital. Separately, hedge fund Elliott Associates is looking for approval to buy about $800 million more in Hess stock.


Stocks have also gained support from a recent agreement in Washington to extend the government's borrowing power. On Monday, Fitch Ratings said that agreement removed the near-term risk to the country's 'AAA' rating.


Volume was roughly 6.1 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion.


Decliners outpaced advancers on the NYSE by nearly 4 to 3, while advancers beat decliners on the Nasdaq by about 7 to 5.


(Additional reporting by Rodrigo Campos; Editing by Jan Paschal and Nick Zieminski)



Read More..

Woods wins at Torrey Pines for 8th time


SAN DIEGO (AP) — Tiger Woods was so good for so long at Torrey Pines that it didn't matter how bad it looked at the end.


In a finish that was fitting for such a long and exasperating week, Woods built an eight-shot lead with five holes to play on Monday until he lost patience with the slow play and started losing shots that only determined the margin of victory.


Despite two bogeys and a double bogey in the final hour, he closed with an even-par 72 for a four-shot victory in the Farmers Insurance Open.


"I'm excited the way I played all week," Woods said. "I hit the ball well — pretty much did everything well and built myself a nice little cushion. I had some mistakes at the end, but all my good play before that allowed me to afford those mistakes."


He won for the 75th time in his PGA Tour career, seven behind the record held by Sam Snead.


Woods won this tournament for the seventh time, and he set a PGA Tour record by winning at Torrey Pines for the eighth time, including his 2008 U.S. Open. Woods also has won seven times at Bay Hill and at Firestone.


Torrey Pines is a public course that he has turned into his private domain.


"I don't know if anybody would have beaten him this week," said Nick Watney, who got within five shots of Woods when the tournament was still undecided until making three bogeys on his next five holes. "He's definitely on his game."


It was the 23rd time Woods has won by at least four shots on the PGA Tour. Defending champion Brandt Snedeker (69) and Josh Teater (69) tied for the second. Watney had a 71 and tied for fourth with Jimmy Walker.


It was a strong statement for Woods, who was coming off a missed cut last week in Abu Dhabi. This was the second time in his career that Woods won in his next tournament after missing the cut, but this was the first time it happened the following week.


Abu Dhabi is now a distant memory. The question how is what kind of season is shaping up for Woods.


"I think he wanted to send a message," said Hunter Mahan, who shares a swing coach with Woods. "I think deep down he did. You play some games to try to motivate yourself. There's been so much talk about Rory (McIlroy). Rory is now with Nike. That would be my guess."


The last time Woods won at Torrey Pines also was on a Monday, when he beat Rocco Mediate in a playoff to capture the U.S. Open for his 14th major.


Of all his wins on this course along the Pacific, this might have been the most peculiar.


Thick fog cost the tournament an entire day of golf on Saturday, forcing the first Monday finish in tournament history. Woods effectively won the tournament during his 25 holes on Sunday, when he turned a two-shot lead into a six-shot margin with only 11 holes to play. CBS Sports wanted to televise the final day in late afternoon on the East Coast, but it still went long because of the pace of play.


It took Woods about 3 hours, 45 minutes to finish his 11 holes on Monday. His 19-hole win over Mediate lasted 4½ hours.


As much as Woods got off to a good start, equal attention was given to slow play, an increasing problem on the PGA Tour.


"It got a little ugly toward the end," Woods said. "I started losing patience a little bit with the slow play. I lost my concentration a little bit."


He made bogey from the bunker on No. 14. He hooked a tee shot off the eucalyptus trees and into a patch of ice plant on the 15th, leading to double bogey. After another long wait on the 17th tee, he popped up his tee shot and made another bogey. With a four-shot lead on the 18th — Kyle Stanley blew a three-shot lead a year ago — he hit wedge safely behind the hole for a two-putt par.


Woods finished on 14-under 274 for his 14th win in California, and 11th in San Diego County.


"I think a win always makes it special, especially the way I played," Woods said. "To have not won would have been something else because I really played well. Playing the way I did for most of this tournament, until the very end, the last five holes, I felt like I should have won this tournament. I put myself in a position where I had a big enough lead, and that's basically how I felt like I played this week.


"I know I can do that, and it was nice to be able to do it."


Like so many of his big wins, the only drama was for second place.


Brad Fritsch, the rookie from Canada, birdied his last two holes for a 75. That put him into a tie for ninth, however, making him eligible for the Phoenix Open next week. Fritsch had been entered in the Monday qualifier that he had to abandon when the Farmers Insurance Open lost Saturday to a fog delay.


Woods was so far ahead that he would have had to collapse for anyone to have a chance, and that never looked possible.


Even so, the red shirt seemed to put him on edge. It didn't help that as he settled over his tee shot on the par-5 ninth, he backed off when he heard a man behind the ropes take his picture.


Woods rarely hits the fairway after an encounter with a camera shutter, and this was no different — it went so far right that it landed on the other side of a fence enclosing a corporate hospitality area.


Woods took his free drop, punched out below the trees into the fairway and then showed more irritation when his wedge nicked the flag after one hop and spun down the slope 30 feet away instead of stopping next to the hole.


He didn't show much reaction on perhaps his most memorable shot of the day — with his legs near the edge of a bunker some 75 feet to the left of the 11th green, he blasted out to the top shelf and watched the ball take dead aim until it stopped a foot short. A two-putt birdie on the 13th gave him an eight-shot lead, and then it was only a matter of time — a lot of time — until the trophy presentation.


Before anyone projects a monster year for Woods based on one week, especially when that week is at Torrey Pines, remember that no one else in golf — not even McIlroy — is the subject of more snap judgments.


Woods, however, likes the direction he is headed, especially with his short game.


"I'm excited about this year. I'm excited about what I'm doing with Sean (Foley) and some of the things that I've built," he said. "This is a nice way to start the year."


Woods is not likely to return to golf until the Match Play Championship next month.


Read More..

Hess exits storage, refining; fund may seek board seats






(Reuters) – Hess Corp on Monday announced plans to sell its oil storage terminal network and exit the oil refining business, after activist hedge fund Elliott Associates said it was considering nominating directors to the Hess board.


Hess’ decision to become predominantly an exploration and production company is similar to the strategy employed by others such as ConocoPhillips and Marathon Oil , which spun off their refining operations in recent years.






“Hess is now facing some activist shareholder interest. In order to deflect or preempt pressure from Elliot, Hess announced it will be becoming a pure E&P company,” said Pavel Molchanov, an oil analyst for Raymond James.


Molchanov said the move to simplify Hess’ asset base should be appreciated by investors. Hess shares rose 6 percent in afternoon trading.


Hess has been shifting away from refining since early last year, when the HOVENSA refinery, a joint venture between Hess and Venezuela’s PDVSA, was closed. Chief Executive John Hess has said the company’s strategy is to focus on lower-risk, higher-return assets like its position in the Bakken oil shale in North Dakota.


Hess said in a statement on Monday that it received a letter from Elliott late last week saying the hedge fund might buy more than $ 800 million of Hess shares, or a roughly 4 percent stake.


Such a purchase would make Elliott one of the top three shareholders in Hess, according to Thomson Reuters data.


Elliott also said it was considering nominating candidates for election to the Hess board at the 2013 annual meeting.


Hess said it has not had any discussions with Elliott and does not know the hedge fund’s intentions.


The oil and gas producer said its plans to sell 20 oil storage terminals and close its money-losing New Jersey refinery will free up $ 1 billion of capital.


The Port Reading refinery, which will be closed by the end of February, incurred losses in two of the past three years.


“By closing the Port Reading refinery and selling our terminal network, Hess will complete its transformation from an integrated oil and gas company to one that is predominantly an exploration and production company,” John Hess said.


U.S. gasoline futures rose following news of the planned closure of the 70,000 barrel-per-day refinery, which raised concerns about dwindling fuel supplies on the U.S. East Coast.


Nineteen of the Hess terminals up for sale are located along the East Coast and have a combined storage capacity of 28 million barrels. The other terminal, in the Caribbean, has a capacity of 10 million barrels.


Hess has retained Goldman Sachs as financial adviser for the terminal network divestiture.


Shares of New York-based Hess were up 6.2 percent at $ 62.55 in afternoon trade on the New York Stock Exchange.


(Reporting By Michael Erman and Thyagaraju Adinarayan; Additional reporting By Anna Driver in Houston; Editing by Sriraj Kalluvila and John Wallace)


Energy News Headlines – Yahoo! News





Title Post: Hess exits storage, refining; fund may seek board seats
Url Post: http://www.news.fluser.com/hess-exits-storage-refining-fund-may-seek-board-seats/
Link To Post : Hess exits storage, refining; fund may seek board seats
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..