Obama to nominate John Kerry to be next secretary of State









WASHINGTON – President Obama will nominate John F. Kerry, the five-term senator from Massachusetts, to replace Hillary Rodham Clinton as secretary of State, White House sources confirmed, choosing a longtime political ally who shares much of his foreign policy worldview and is likely to sail through confirmation hearings.


Obama settled on the 2004 Democratic presidential nominee shortly after the wrenching withdrawal of Susan Rice, his envoy to the United Nations, as the top candidate for the post. He delayed the announcement to avoid interfering with national mourning over the mass slaying at an elementary school in Newtown, Conn.


Kerry, 69, has chaired the Senate Foreign Relatons Committee since 2009. His selection gives the White House a veteran foreign policy hand who has demonstrated his willingness to work with Obama’s inner circle of advisors over the last four years.





The Cabinet position will give Kerry a decorated Vietnam veteran who later helped lead veterans opposed to the war, a career-capping assignment that he has long sought.


But it also risks the loss of what has been a reliable Democratic seat in the Senate. Democrats control the Senate by a 55-45 margin but face midterm elections in two years that could sharply narrow those numbers.


Scott Brown, a Republican who lost his Senate seat in last month’s election but remains popular in the commonwealth, could run again in a special election next year. Several Democrats have indicated interest, including Edward Kennedy Jr., son of the late senator.


Rice withdrew her name from consideration on Dec. 15 after a tenacious campaign by Republicans who said her public comments misled the country after armed militants killed four Americans at the the U.S. diplomatic mission in Benghazi, Libya, in September.


Kerry was the only other leading candidate for the post, and his nomination is expected to easily win Senate approval. Several GOP lawmakers who led the opposition to Rice, including Sen. John McCain (R-Ariz.), urged Obama to choose Kerry instead.


White House officials concede they owe a special obligation to Kerry for all he has done for Obama in politics and diplomacy. In 2004, when Kerry was running for president, he chose Obama to deliver the keynote address at the Democratic National Convention, providing the obscure state senator from Illinois an invaluable introduction to American voters.


Republican hawks could raise questions about Kerry’s resistance to U.S. military intervention abroad in some conflicts. And a group of Vietnam "swift boat" veterans who opposed his presidential campaign have vowed to voice their objections again.


Kerry has shared Obama’s interest in trying to talk without preconditions to adversary regimes, and he shares Obama’s desire to shift the U.S. military from the grueling ground wars of the last decade to a “light footprint” abroad.


Kerry “would much rather solve problems by negotiations and diplomacy than by war,” said Jonah Blank, a former Kerry aide and South Asia specialist. “He’s seen war: He knows it ain’t pretty, and very often it doesn’t work.”


At the beginning of the Obama’s first term, Kerry sought to help the White House work out a broad Mideast peace deal with Syrian President Bashar Assad – a mission that continues to come under strong criticism by Republican hawks.


Kerry also acted on Obama’s behalf as a diplomatic middleman in sensitive talks with Afghan President Hamid Karzai, and helped sooth relations with Pakistani leaders after a period of intense turmoil.


Kerry, whose father was a foreign service officer, has traveled widely and has shown himself willing to take on the wearying drudgery of diplomacy. Also like Mrs. Clinton, he has shown an ability to talk to foreign leaders as fellow politicians, a valuable asset.


Another arguable advantage: Kerry, a tall man with a stentorian voice and what is sometimes described as a patrician bearing, looks and sounds the part of America’s top diplomat.


Rudy DeLeon, a former Senate Democratic aide and Pentagon official during the Bill Clinton administration, said Kerry will come to the job well versed on the issues and with relationships that will be valuable to the White House.


“The Senate is going to be a key participant in much that the administration does on foreign policy, so his relationships there will be an asset,” said DeLeon, now with the Center for American Progress, a Democratic-leaning think tank. “And he has ties to world leaders from China to the Middle East.”


Obama has let slip to aides that he has sometimes found Kerry long-winded. Still, it is clear Obama is comfortable working with him and Kerry has won points by being a good partner to Clinton.


One issue for Kerry will be whether he becomes frustrated with how the administration’s foreign policy has been highly centralized in a small team around Obama.


But foreign policy experts believe Kerry -- like Clinton -- will be willing to take orders from the West Wing as long as he believes his views are being considered.


Kerry is less interested in management, and is likely to need a strong deputy with management skills to oversee running of the State Department.


Kerry’s accomplishments as committee chairman include legislation he pushed, with ranking member Richard Lugar (R-Ind.) and House Foreign Affairs Committee Chairman Howard Berman (D-Valley Village), to restructure and expand aid to Pakistan. Kerry was also an important advocate for the New Start nuclear arms reduction treaty with Russia.


Secretary Clinton has indicated that she is willing to remain in her post beyond Obama’s inauguration if necessary. But the selection of Kerry may make that unnecessary.


paul.richter@latimes.com





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Investors shed shares of Blackberry maker






NEW YORK (AP) — Shares of Blackberry maker Research in Motion slumped more than 16 percent Friday with future revenue coming into question and a declining number of subscribers.


RIM’s stock jumped initially Thursday when the Canadian company released better-than-expected third-quarter results and a stronger cash position.






Shares reversed course during a conference call later, when executives said that the company won’t generate as much revenue from telecommunications carriers once it releases the new BlackBerry 10.


RIM’s stock had been on a three-month rally in which the stock more than doubled from levels not previously seen since 2003.


“Despite a solid quarter, the stock is trading down due to the introduction of a lower enterprise service tier and fears that RIM will not receive monthly services revenues for consumer BB10 subscribers,” said Jefferies analyst Peter Misek. He thinks RIM has offered carriers a lower-priced option in exchange for a bigger purchase commitment for the new device. He kept his “Hold” rating.


Sterne Agee analyst Shaw Wu kept maintained a “Neutral” rating on the stock, but lowered his earnings estimates, saying he continued to be concerned about RIM’s ability to compete with Apple and Google.


Shares of Research in Motion Ltd. fell $ 2.29 to $ 11.83 in morning trading.


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Country singer Tate Stevens wins Fox's 'X Factor'


NEW YORK (AP) — Tate Stevens, who was mentored by music exec L.A. Reid on the second season of "The X Factor," has won the Fox singing competition.


The 37-year-old country singer from Belton, Mo., beat runner-up Carly Rose Sonenclar, a 13-year-old schoolgirl from Westchester, N.Y., and teenage girl group Fifth Harmony on the finale that aired live Thursday night.


Stevens wins a $5 million recording contract.


More than 35 million votes were cast by viewers after Wednesday's performance show.


Besides Reid, judges this season included Demi Lovato, Britney Spears and series creator Simon Cowell.


Thursday's show was also the grand finale for Reid. Earlier this month, he said he wouldn't be returning to "The X Factor" next year. No replacement has been announced.


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Stocks fall sharply after Republicans cancel vote









Stocks fell on Wall Street Friday after House Republicans called off a vote on tax rates and left federal budget talks in disarray 10 days before sweeping tax increases and government spending cuts take effect.

The Dow Jones industrial average was down 106 points at 13,206 after the first hour of trading.

The Standard & Poor's 500 index was down 12 points at 1,431. The Nasdaq composite index fell 32 to 3,018. All three indexes are still positive for the week.





The House bill would have raised taxes on Americans making at least $1 million per year and locked in decade-old tax cuts for Americans making less. Taxes will rise for almost all Americans on Jan. 1 unless Congress acts.

House Speaker John Boehner had presented what he called "Plan B" while he negotiated with the White House on avoiding the sweeping tax increases and spending cuts, a combination known as the "fiscal cliff."

But Boehner scrapped a vote on the bill Thursday night after it became clear that it did not have enough support in the Republican-led House to secure passage. He called on the White House and the Democratic-led Senate to work something out.

The market opened sharply lower, then recovered some ground in mid-morning trading after Boehner told reporters that he was still open to talks with President Obama to get a deal done. The Dow had been down as much as 154 shortly after the opening bell. Before the market opened, stock index futures suggested that the Dow could lose as much as 200 points when trading opened.

"It's all `fiscal cliff' related," Sal Arnuk, a partner at Themis Trading. Arnuk said the initial sharp drop in the market might have been an overreaction. "It's not a surprise that they weren't able to come to an agreement. I don't think most of Wall Street anticipated that they would come to an agreement."

Technology stocks were among the hardest hit in early trading. Tech stocks in the S&P 500 were down 0.9 percent as a group. Apple, the most valuable company in the country, fell $4.27 to $517.46.

It was not the first time that Wall Street worried about the "fiscal cliff" talks.

On the day after the election, when voters returned divided government to power, the Dow dropped 312 points. On Nov. 14, when President Barack Obama insisted on higher tax rates for the wealthy, the Dow dropped 185 points.

Stocks closed sharply lower Friday in Asia after House Republicans canceled their vote. The Nikkei index in Japan fell almost 1 percent, and Hong Kong's Hang Seng Index dropped 0.7 percent. Stocks were also lower in Europe.

In the bond market, the yield on the benchmark 10-year U.S. Treasury note fell 0.06 percentage point to 1.74 percent, an indication that investors were moving money out of stocks and into ultra-safe government bonds.

The price of oil fell $2.02, or 2.2 percent, to $88.12 per barrel.

Among stocks making big moves:

— Walgreen slumped 98 cents to $36.57 after the nation's largest drugstore chain filled fewer prescriptions and absorbed costs tied to acquisitions and Superstorm Sandy. The results were worse than financial analysts had been expecting.

— Blackberry maker Research in Motion dropped 15 percent, or $2.14, to $11.81 after the company said it won't generate as much revenue from telecommunications carriers once it releases the new BlackBerry 10.

— Nike jumped $5.32 to $104.32 after the world's largest athletic gear maker said strong demand in North America led to a 7 percent increase in revenue in the three months ended Nov. 30, balancing out economic weakness in Europe and a slowdown in growth in China.

— Micron Technology dropped 8 percent, the biggest decline in the S&P 500 index. The semiconductor maker reported a loss late Thursday as weaker demand for personal computers and an oversupply of certain chips hurt its sales. The stock was off 55 cents at $6.24.





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Fearful 'end of world' calls, emails flood NASA as Dec. 21 nears









If there's one government agency really looking forward to Dec. 22, it's NASA.


The space agency said it has been flooded with calls and emails from people asking about the purported end of the world — which, as the doomsday myth goes, is apparently set to take place Friday, Dec. 21.


The myth might have originated with the Maya calendar, but in the age of the Internet and social media, it proliferated online, raising questions and concerns among hundreds of people around the world who have turned to NASA for answers.





Dwayne Brown, an agency spokesman, said NASA typically receives about 90 calls or emails per week containing questions from people. In recent weeks, he said, that number has skyrocketed — from 200 to 300 people are contacting NASA per day to ask about the end of the world.


"Who's the first agency you would call?" he said. "You're going to call NASA."


The questions range from myth (Will a rogue planet crash into Earth? Is the sun going to explode? Will there be three days of darkness?) to the macabre (Brown said some people have "embraced it so much" they want to hurt themselves). So, he said, NASA decided to do "everything in our power" to set the facts straight.


That effort included interviews with scientists posted online and a Web page that Brown said has drawn more than 4.6 million views.


It also involved a video titled "Why the World Didn't End Yesterday." Though the title of the video implies a Dec. 22 release date, Brown said NASA posted the four-minute clip last week to help spread its message.


The website addresses several scenarios — the possibility of planetary alignments, total blackouts, polar shifts and "a planet or brown dwarf called Nibiru or Planet X or Eris that is approaching the Earth and threatening our planet with widespread destruction" — but comes to the same conclusion.


In short, NASA says, "the world will not end in 2012."


"Our planet has been getting along just fine for more than 4 billion years, and credible scientists worldwide know of no threat associated with 2012," the website says.


The Griffith Observatory will also be trying to debunk doomsday predictions. It announced plans to stay open late Friday evening — until one minute past midnight — to "demonstrate that claims regarding the Maya calendar, planetary alignments, rogue planets, galactic beams, and other related phenomena have no basis in fact."


A few years ago, NASA suspected that it might have to create such a campaign when the idea of the world ending began "festering," Brown said. The apocalyptic action movie "2012," released in 2009, didn't help, he said.


"We kind of look ahead — we're a look-ahead agency — and we said, 'You know what? People are going to probably want to come to us' " for answers, Brown explained. "We're doing all that we can do to let the world know that as far as NASA and science goes, Dec. 21 will be another day."


As for Saturday, when the questions — not the world — end: "I wish it was tomorrow."


kate.mather@latimes.com





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Facebook predicted to overtake Google in mobile display ad revenue this year






Shares of Facebook (FB) have begun to rebound since the company’s disastrous initial public offering this past May. After opening at $ 38 per share the company’s stock plummeted into the mid-20s over the summer months and eventually fell to a low of $ 17.55 in early September. Since then, however, Facebook shares have begun to bounce back after the company posted better-than-expected results in the third quarter. While Facebook stock is still down more than 25% on the year, it is rising steadily as analysts and investors become increasingly bullish about the company’s future as a leading advertising platform.


[More from BGR: BlackBerry 10 browser smokes iOS 6 and Windows Phone 8 in comparison test [video]]






According to a new report from eMarketer, Facebook is predicted to surpass Google (GOOG) in mobile display advertising in 2012. Google is expected to generate $ 339 million in mobile ad revenue this year, a significant increase from previous estimates of between $ 45 and $ 100 million. The research firm notes that Facebook is expected to capture an 18.4% share of the mobile display ad market in the U.S. this year, compared to Google’s 17% share, which is down from 23% in 2011.


[More from BGR: New iMac early adopters upset that they can’t run Boot Camp]


“Major ad publishers are strengthening their offerings much faster than previously expected,” said Clark Fredricksen, vice president of communications at eMarketer. “I don’t think anybody thought after the second quarter that Google and Facebook would be in position that they are now in the mobile ad marketplace.”


The company’s mobile ad revenue is expected to more than triple by 2014 when it will reach an estimated $ 1.2 billion. The firm predicts that Facebook and Google will continue to battle for the No.1 spot in the mobile ad market over the next few years. Facebook is expected to increase its lead to 25.2% in 2013, compared to Google’s 19.6% share. Google is estimated to bounce back in 2014, however, with a market leading 23.1% share, ahead of Facebook’s 22.7% share.


Despite the impressive numbers, eMarketer notes that mobile still represents a small slice of the total advertising market. In 2012, only 2.4% of total ad spending in the U.S. is expected to go towards mobile ads, but the market is expected to reach an 11% share by 2016 when it surpasses both radio and print spending.


This article was originally published by BGR


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Study: Solo stars at higher death risk than bands


LONDON (AP) — Rock 'n' roll will never die — but it's a hazardous occupation.


A new study confirms that rock and pop musicians die prematurely more often than the general population, and an early death is twice as likely for solo musicians as for members of bands.


Researchers from Liverpool John Moores University studied 1,489 rock and pop stars who became famous between 1956 and 2009 and found they suffered "higher levels of mortality than demographically matched individuals in the general population."


American stars are more likely to die prematurely than British ones.


Lead researcher Mark Bellis speculates that could be because bands provide peer support at stressful times.


The research was published Thursday in online journal BMJ Open.


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Female Vaccination Workers, Essential in Pakistan, Become Prey





LAHORE, Pakistan — The front-line heroes of Pakistan’s war on polio are its volunteers: young women who tread fearlessly from door to door, in slums and highland villages, administering precious drops of vaccine to children in places where their immunization campaign is often viewed with suspicion.




Now, those workers have become quarry. After militants stalked and killed eight of them over the course of a three-day, nationwide vaccination drive, the United Nations suspended its anti-polio work in Pakistan on Wednesday, and one of Pakistan’s most crucial public health campaigns has been plunged into crisis. A ninth victim died on Thursday, a day after being shot in the northwestern city of Peshawar, The Associated Press reported.


The World Health Organization and Unicef ordered their staff members off the streets, while government officials reported that some polio volunteers — especially women — were afraid to show up for work.


At the ground level, it is those female health workers who are essential, allowed privileged entrance into private homes to meet and help children in situations denied to men because of conservative rural culture. “They are on the front line; they are the backbone,” said Imtiaz Ali Shah, a polio coordinator in Peshawar.


The killings started in the port city of Karachi on Monday, the first day of a vaccination drive aimed at the worst affected areas, with the shooting of a male health worker. On Tuesday four female polio workers were killed, all gunned down by men on motorcycles in what appeared to be closely coordinated attacks.


The hit jobs then moved to Peshawar, the capital of Khyber-Pakhtunkhwa Province, which, along with the adjoining tribal belt, constitutes Pakistan’s main reservoir of new polio infections. The first victim there was one of two sisters who had volunteered as polio vaccinators. Men on motorcycles shadowed them as they walked from house to house. Once the sisters entered a quiet street, the gunmen opened fire. One of the sisters, Farzana, died instantly; the other was uninjured.


On Wednesday, a man working on the polio campaign was shot dead as he made a chalk mark on the door of a house in a suburb of Peshawar. Later, a female health supervisor in Charsadda, 15 miles to the north, was shot dead in a car she shared with her cousin.


Yet again, Pakistani militants are making a point of attacking women who stand for something larger. In October, it was Malala Yousafzai, a schoolgirl advocate for education who was gunned down by a Pakistani Taliban attacker in the Swat Valley. She was grievously wounded, and the militants vowed they would try again until they had killed her. The result was a tidal wave of public anger that clearly unsettled the Pakistani Taliban.


In singling out the core workers in one of Pakistan’s most crucial public health initiatives, militants seem to have resolved to harden their stance against immunization drives, and declared anew that they consider women to be legitimate targets. Until this week, vaccinators had never been targeted with such violence in such numbers.


Government officials in Peshawar said that they believe a Taliban faction in Mohmand, a tribal area near Peshawar, was behind at least some of the shootings. Still, the Pakistani Taliban have been uncharacteristically silent about the attacks, with no official claims of responsibility. In staying quiet, the militants may be trying to blunt any public backlash like the huge demonstrations over the attack on Ms. Yousafzai.


Female polio workers here are easy targets. They wear no uniforms but are readily recognizable, with clipboards and refrigerated vaccine boxes, walking door to door. They work in pairs — including at least one woman — and are paid just over $2.50 a day. Most days one team can vaccinate 150 to 200 children.


Faced with suspicious or recalcitrant parents, their only weapon is reassurance: a gentle pat on the hand, a shared cup of tea, an offer to seek religious assurances from a pro-vaccine cleric. “The whole program is dependent on them,” said Mr. Shah, in Peshawar. “If they do good work, and talk well to the parents, then they will vaccinate the children.”


That has happened with increasing frequency in Pakistan over the past year. A concerted immunization drive, involving up to 225,000 vaccination workers, drove the number of newly infected polio victims down to 52. Several high-profile groups shouldered the program forward — at the global level, donors like the Bill and Melinda Gates Foundation, the United Nations and Rotary International; and at the national level, President Asif Ali Zardari and his daughter Aseefa, who have made polio eradication a “personal mission.”


On a global scale, setbacks are not unusual in polio vaccination campaigns, which, by dint of their massive scale and need to reach deep inside conservative societies, end up grappling with more than just medical challenges. In other campaigns in Africa and South Asia, vaccinators have grappled with natural disaster, virulent opposition from conservative clerics and sudden outbreaks of mysterious strains of the disease.


Declan Walsh reported from Lahore, and Donald G. McNeil Jr. from New York. Ismail Khan contributed reporting from Peshawar, Pakistan.



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Waiting on fiscal cliff compromise, stocks meander









The stock market moved between small gains and losses in early trading Thursday. Uncertainty about the approaching “fiscal cliff,” just days away, was top of mind for many traders.

The House planned to move ahead on what Speaker John Boehner called “Plan B,” though President Barack Obama has threatened to veto it.

Shortly after 10 a.m. EST, the Dow Jones industrial average was up seven points at 13,259. The Standard & Poor's 500 was up two at 1,438. The Nasdaq composite index rose a fraction to 3,045.

Also at the forefront for many traders was the news that NYSE Euronext, the parent of the New York Stock Exchange, planned to sell itself to IntercontinentalExchange, an upstart and lesser-known exchange operator based in Atlanta.

NYSE Euronext's stock surged 31 percent, rising $7.40 to $31.45. IntercontinentalExchange fell $2.89 to $125.42. That signals traders think the proposed deal could be more beneficial to NYSE Euronext than to its potential buyer. The marriage still needs the approval of regulators, and it isn't clear if they'll offer it.

In Washington, the Republicans' proposal would raise taxes on the wealthy, something the Democrats have pushed for. But the plan also left in place budget cuts to the military and domestic agencies that Democrats have generally opposed.

If the Republicans and Democrats don't work out a compromise before the end of the month, the U.S. could go over the “fiscal cliff,” a reference to taxes increases and sweeping government spending cuts that would automatically kick in if no budget deal is in place. Some economists fear that would push the U.S. back into recession.

To be sure, many observers expect that a deal will be worked out ahead of the deadline — perhaps at the last minute, and with lots of political theatrics, but worked out nonetheless. In the meantime, the uncertainty has kept the market sluggish and indecisive for weeks.

Even without the complications of the fiscal cliff, the U.S. economy has been difficult to read, a pattern that continued Thursday.

The government said the U.S. economy grew at an annual rate of 3.1 percent over the summer, higher than the previous estimate of 2.7 percent. But the growth is likely to slow in the current quarter and early next year.

The government also reported that the number of Americans applying for unemployment benefits rose last week, a disappointment after four straight weeks of declines. But the four-week moving average of jobless claims, a less volatile measurement, fell.

A slate of companies reported earnings, with varied results:

—Darden Restaurants, the parent of Olive Garden and Red Lobster, slipped 78 cents to $46.03 after the company reported lower profit and revenue.

—Rite Aid, the drugstore chain, soared 10 percent, rising 11 cents to $1.15, after the company reported its first quarterly profit since 2007.

—Discover Financial Services fell $1.26 to $38.51. The company reported higher profit and revenue, but earnings missed analysts' expectations.

—Scholastic, publisher of the best-selling “The Hunger Games” trilogy, slipped 73 cents to $28.56 after reporting lower profit and revenue.

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Bork, whose failed Supreme Court nomination made history, dies









Robert H. Bork, who stepped in to fire the Watergate prosecutor at Richard Nixon's behest and whose failed 1980s nomination to the Supreme Court helped draw the modern boundaries of cultural fights over abortion, civil rights and other issues, has died. He was 85.

Son Robert H. Bork Jr. confirmed the death Wednesday. His father had a long career in politics and the law that took him from respected academic to a totem of conservative grievance.

Bork was accused of being a partisan hatchet man for Nixon when he fired Watergate special prosecutor Archibald Cox in the Saturday Night Massacre of 1973.

Bork's drubbing during the 1987 Senate nomination hearings made him a hero to the right and a rallying cry for younger conservatives.




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