“Lincoln,” “Les Miserables,” “Playbook” lead acting nominations






LOS ANGELES (Reuters) – Hollywood‘s actors cast their net wide on Wednesday, nominating performers from big awards contenders “Lincoln” and musical “Les Miserables” for Screen Actors Guild honors while also singling out the likes of Denzel Washington and Javier Bardem.


“Lincoln,” “Les Miserables” and comedy “Silver Linings Playbook” led the nominations for the SAG awards with four apiece, including the top prize of best movie ensemble cast.






Joining them with two nominations each were the cast of Iranian hostage drama “Argo” and, in a surprise choice, British comedy “The Best Exotic Marigold Hotel.”


The awards from the Screen Actors Guild are among the most-watched honors during Hollywood film awards season leading up to the Academy Awards because actors make up the largest voting group when the Oscars come around in February.


SAG voters focus on performances rather than directing and writing, meaning that action and effects-heavy films like “The Hobbit” are usually sidelined.


Consequently, SAG largely shunned the expected Oscar contender “Zero Dark Thirty” about the U.S. hunt for Osama bin Laden, giving it just one nomination for Jessica Chastain’s performance as a CIA agent.


But the latest James Bond blockbuster “Skyfall” made it onto SAG‘s list, with nominations for its stunt ensemble and Spanish actor Bardem’s supporting turn as blond-haired villain Silva.


Other perceived Oscar-worthy movies, including slavery era Western “Django Unchained,” went unmentioned, while cult drama “The Master” had just one nomination – for actor Philip Seymour Hoffman.


Nicole Kidman made the best supporting actress list for her turn in the steamy but little-seen independent movie “The Paperboy,” while Britain’s Helen Mirren was recognized for her portrayal of Alfred Hitchcock’s long-suffering wife in “Hitchcock.”


The SAG awards will be given out in Los Angeles on January 27 in a live telecast on the TBS and TNT networks.


Golden Globe nominations are announced on Thursday and Oscar nominations will be revealed on January 10.


‘LINCOLN’ PICKS UP STEAM


“Lincoln,” director Steven Spielberg’s well-reviewed film about U.S. President Abraham Lincoln‘s battle to outlaw slavery, has been picking up multiple accolades from U.S. critics in the busy Hollywood awards season.


On Wednesday, it brought SAG nominations for lead actor Daniel Day-Lewis and supporting actors Sally Field as his wife, and Tommy Lee Jones as powerful Congressman Thaddeus Stevens.


Hugh Jackman was nominated for best actor while Anne Hathaway is in the race for her supporting role in the movie adaptation of hit stage musical “Les Miserables.”


Other actors nominated on Wednesday included the stars of quirky comedy “Silver Linings Playbook” – Bradley Cooper, Jennifer Lawrence and Robert DeNiro. John Hawkes and Helen Hunt also have a stake, for playing a disabled man and his sex therapist in heart-warming independent movie “The Sessions.”


“Being recognized by your peers is something I could only dream of happening and to be included in this group of actors is not only humbling but quite frankly, surreal,” Cooper, a first-time SAG nominees, said in a statement.


Washington, a two-time Oscar winner, was nominated for playing an alcoholic pilot in “Flight,” a role that has been largely overlooked in early critics award.


Perhaps the biggest surprise on Wednesday was “The Best Exotic Marigold Hotel,” the story of a group of elderly Britons who retire to a ramshackle Indian hotel.


The film, which boasts a strong British cast including Judi Dench, Tom Wilkinson and Bill Nighy, had two nominations – best ensemble and best supporting actress for Maggie Smith.


Smith also was nominated in SAG‘s television category for her role as a sarcastic countess in period drama “Downton Abbey.”


The popular British show was among the picks for ensemble acting in the TV category.


Other TV drama nominations went to the casts of “Boardwalk Empire,” “Homeland,” “Mad Men” and “Breaking Bad.”


In TV comedy, old favorites “30 Rock,” “Glee,” “The Big Bang Theory,” “Modern Family,” “Nurse Jackie” and “The Office” were nominated for their ensemble casts.


(Editing by Xavier Briand and Bill Trott)


Movies News Headlines – Yahoo! News


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Lilly plans another study for Alzheimer’s drug






INDIANAPOLIS (AP) — Eli Lilly‘s experimental Alzheimer’s drug has flashed potential to help with mild cases of the disease, but patients and doctors will have to wait a few more years to learn whether regulators will allow the drugmaker to sell it.


Lilly said Wednesday that it will launch another late-stage study of the drug, solanezumab, no later than next year’s third quarter. The company’s stock slipped in midday trading.






The Indianapolis drugmaker said in August that the intravenous treatment failed to slow memory decline in two late-stage studies of about 1,000 patients each. But scientists saw a statistically significant slowing when they combined trial data. Pooled results found 34 percent less mental decline in mild Alzheimer’s patients compared with those on a fake treatment for 18 months.


Researchers also saw a statistically significant result when they examined a subgroup of patients with mild cases of Alzheimer’s disease.


Lilly will attempt to confirm that benefit in the new trial before it seeks U.S. regulatory approval, something analysts widely expected the drugmaker to do after it announced the initial results.


The additional study could help Lilly build a better case with U.S. regulators. But it will likely take a few years to learn the results. Researchers will have to measure over time a patient’s rate of cognitive decline, which involves the ability remember things.


Citi analyst Andrew Baum said in a research note the study will likely be completed by the second half of 2015. He expects the drug, if approved, to launch in 2017.


Eli Lilly and Co.’s share price fell $ 1.60, or 3.2 percent, to close at $ 49. It’s still up 16 percent since the company announced the initial results in August. Baum said Wednesday’s news helped shake out some of the “false hope” for a near-term approval of the drug that had inflated the stock price.


Drugmakers have tried and failed for years to develop successful treatments for Alzheimer’s, and patients and doctors are anxious for something that can slow its progression.


Solanezumab was one of three potential Alzheimer’s drugs in late-stage testing. Bapineuzumab, being developed by Pfizer Inc. and Johnson & Johnson’s Janssen Alzheimer Immunotherapy unit, gave disappointing results in two studies last summer.


A pivotal study of the third — Gammagard, by Baxter International Inc. — will wrap up at the end of this year. Results are expected in the first or second quarter next year.


Solanezumab binds to beta-amyloid protein, which scientists believe is a key component to sticky plaque that basically gums up the brain of a patient with Alzheimer’s disease. The drug is designed to help the body remove the protein from the brain before it can form that plaque.


Current treatments like Pfizer Inc.’s Aricept try to control symptoms of the disease. Analysts have said a treatment that does more than manage symptoms such as memory loss, confusion and agitation could be worth billions of dollars in annual sales. But drugmakers first have to spend a massive amount on testing and clinical development to produce such a drug.


“When you go for the blockbuster, you have to pay for the blockbuster, either in money or time,” WBB Securities analyst Steve Brozak said regarding Lilly’s announcement.


More than 35 million people worldwide have dementia, a term for brain disorders that affect memory, judgment and other mental functions. Alzheimer’s is the most common type. Many Alzheimer’s patients typically live four to eight years after diagnosis, as the disease gradually erodes their memory and ability to think or perform simple tasks.


In the United States, 5.4 million people have Alzheimer’s, which is the country’s sixth-leading cause of death. The number of Alzheimer’s patients in the U.S. is expected to jump to 16 million by 2050, and costs for care are expected to skyrocket.


___


AP Chief Medical Writer Marilynn Marchione in Milwaukee contributed to this report.


Diseases/Conditions News Headlines – Yahoo! News


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White House, Boehner quietly swap fiscal cliff offers


(AP Photo/J. Scott Applewhite)(AP Photo/J. Scott Applewhite)


President Barack Obama and Republican House Speaker John Boehner spoke Tuesday after privately exchanging a new round of rival proposals for keeping the economy from tumbling off the "fiscal cliff" on January 1, aides to both men told Yahoo News. The fresh discussion signaled a welcome bit of movement in negotiations that had appeared stalled for several days.


"The Speaker and POTUS (the President of the United States) spoke by telephone this evening," a White House official said on condition of anonymity. A Boehner aide said the White House had presented a new offer on tax cuts and revenue increases on Monday and that Republicans had returned with a counter-offer on Tuesday.


The White House refused to offer details about its proposal. But the Boehner aide said the new offer brought Obama's initial demand for $1.6 trillion in new tax revenues down to $1.4 trillion.


The step would still require raising tax rates on wealthier Americans, something Boehner has previously rejected. Obama has said any final deal must raise tax rates on the richest Americans.


Boehner spokesman Michael Steel confirmed that the Speaker's office had returned a counter-offer to the president but would not disclose many specifics.


"We sent the White House a counter-offer that would achieve tax and entitlement reform to solve our looming debt crisis and create more American jobs," Steel said.


Earlier Tuesday, the Speaker himself complained that Obama hadn't been specific enough about the spending cuts he was prepared to embrace as part of a broader deficit-cutting plan.


"Let's be honest, we're broke," Boehner said on the House floor. "We're still waiting for the White House to identify what spending cuts the president is willing to make as part of the 'balanced approach' that he promised the American people."


Also Tuesday, Democratic Senate Majority Leader Harry Reid warned it was unlikely that lawmakers and the White House would be able to forge a compromise in time for Christmas, raising the prospect of a high-stakes game of chicken through the end of the year.


"It's going to be extremely difficult to get it done before Christmas -- but it could be done," the Nevada Democrat told reporters. "This is not something we can do easily, at least as far as bill drafting goes. But until we hear something from the Republicans, there's nothing to draft."


Reid's comments reflected the sense of gloom across the Capitol in recent days about prospects for averting automatic across-the-board tax hikes and painful government spending cuts that, together, could plunge the economy in a new recession. Those measures will take effect January 1 unless Congress acts.


Obama had no public appearances Tuesday. His spokesman, Jay Carney, acknowledged the White House was deliberately being "incredibly opaque" about the behind-the scenes negotiations.


"If it weren't for the broader interest here, which is in trying to allow some space for the parties to see if they can achieve a compromise, you know, I'd be spilling my guts from here," Carney said.


At their weekly party lunch meetings on Capitol Hill, senators complained about the secrecy surrounding the talks.


Alabama Republican Sen. Jeff Sessions said Boehner "doesn't have my proxy" in cutting a deal with Obama.


"I've been elected, I've got a responsibility to make an independent determination of these matters," Sessions said.


Why the secrecy? Republican Senator Rob Portman of Ohio told Yahoo News "you need to build a level of trust first by not having it negotiated in the media." "You need an opportunity, particularly with the president and Republican congressional leaders, to talk about some very tough issues," he said.


Still, he said, "they can't expect those of us who going to ultimately decide what happens in the senate to vote on it without having a full understanding and input."


For Senate Budget Committee Chairman Kent Conrad of North Dakota, a Democrat who is retiring, the problem is less the back-room dealing and more the posturing for the cameras. "It's the same old lines over and over. How about just going into a room and getting a deal?" he said.


For his part, Republican Senate Minority Leader Mitch McConnell tried to steer the focus back to his party's preferred terrain: Spending cuts. He listed a series of programs he considered wasteful, citing government promotion of a videogame that allows teens "to relive prom night."


"Get this: Taxpayers also just spent $325,000 on a Robotic squirrel named RoboSquirrel," he said. "The president seems to think that if all he talks about are taxes, and that's all reporters write about, somehow the rest of us will magically forget that government spending is completely out of control, and that he himself has been insisting on balance."


The Republican push came as party insiders privately acknowledged that they've placed themselves in a significant PR bind by insisting that tax cuts for middle class earners can only be extended if they are preserved for wealthier Americans as well. Obama wants to tax rates on income above $200,000 for individuals and $250,000 for families, a position Boehner and other Republican leaders have rejected.


"We're terribly weak on this, the tax component," said one congressional Republican.



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Corruption probe shrouds Quebec in new darkness






MONTREAL (Reuters) – Half a century ago, a new crop of Quebec leaders sparked the so-called Quiet Revolution to eradicate the “Great Darkness” – decades of corruption that kept Canada‘s French-speaking province under the dominance of one party and the Catholic church.


The revolution’s reforms, including cleaning up the way lawmakers were elected and secularizing the education system, seemed to work, paving the way for decades of growth, progress and prominence as Canada emerged as a model of democracy.






Fifty years later, a public inquiry into corruption and government bid-rigging suggests the province’s politics are not as clean as Quebecers had hoped or believed.


Since May, when the inquiry opened in Montreal, Canadians have been getting daily doses of revelations of fraud through live broadcasts on French-language television stations. Corruption involving the Mafia, construction bosses and politicians, the inquiry has shown, drove up the average building cost of municipal contracts by more than 30 percent in Montreal, Canada’s second-largest city.


Last month, Montreal Mayor Gerald Tremblay resigned as did the mayor of nearby Laval, Gilles Vaillancourt. Both denied doing anything wrong, but said they could not govern amid the accusations of corruption involving rigging of municipal contracts, kickbacks from the contracts and illegal financing of elections.


Tremblay has not been charged by police. Vaillancourt’s homes and offices have been raided several times by Quebec’s anti-corruption squad, which operates independently of the inquiry, but no charges have been filed against him either. Police said the raids were part of an investigation but they would not release further details.


“Quebecers lived for several years under the impression that they had found the right formula, that their parties were clean,” said Pierre Martin, political science professor at the University of Montreal. Now, he said, “people at all levels are fed up.”


The inquiry must submit its final report to the Quebec government by next October. It has exposed practices worthy of a Hollywood noir thriller – a mob boss stuffing his socks with money, rigged construction contracts, call girls offered as gifts, and a party fundraiser with so much cash he could not close the door of his safe.


“Even though we are in the early days, what is emerging is a pretty troubling portrait of the way public contracts were awarded,” said Antonia Maioni, director of the McGill Institute for the Study of Canada in Montreal.


Quebec’s Liberals, the force behind the Quiet Revolution, launched the inquiry as rumors of corruption swirled. The government then called an election for September, a year ahead of schedule, in what was seen as an attempt to stop damaging testimony hurting its popularity.


The tactic did not help. Jean Charest’s Liberals lost to the Parti Quebecois, whose ultimate aim is to take the French-speaking province, the size of Western Europe, out of Canada.


‘IT WASN’T COMPLICATED’


According to allegations at the inquiry, the corruption helped three main entities: the construction bosses who colluded to bid on contracts, the Montreal Mafia dons who swooped in for their share, and the municipal politicians who received kickbacks to finance campaigns.


In Quebec, the Mafia has been dominated by the Rizzuto family, with tentacles to the rest of Canada and crime families in New York and abroad. But recently the syndicate has been facing challenges from other crime groups in Montreal, according to the Toronto-based Mafia analyst and author Antonio Nicaso.


The reputed godfather of the syndicate, Vito Rizzuto, has been subpoenaed to appear before the commission, but the date for his testimony has not been set.


The hearings have zeroed in on four construction bosses and how their companies worked with the Mafia, bribed municipal engineers and provided funds for mayoralty campaigns in Montreal, the business capital for Quebec’s 8 million people.


“It’s not good for the economy,” said Martin. “It’s not good for any kind of legitimate business that tries to enter into any kind of long-term relationship with the public sector.”


Quebec’s anti-corruption squad has arrested 35 people so far this year, staging well-publicized raids on mayoral offices and on construction and engineering companies. The squad has arrested civil servants and owners of construction companies, among others.


“I now must suffer an unbearable injustice,” Tremblay said in a somber resignation speech earlier this month after a decade as mayor of Montreal, saying he could not continue in office because the allegations of corruption were causing a paralysis at City Hall.


Some of the most explosive allegations at the inquiry, headed by Quebec Superior Court Justice France Charbonneau, came from Lino Zambito, owner of a now bankrupt construction company, and from a top worker for Tremblay’s political party, Union Montreal.


Zambito, who is seen as one of the smaller players and who also faces fraud charges, described a system of collusion between organized crime, business cartels and corrupt civil servants, with payments made according to a predetermined formula.


“The entrepreneurs made money, and there was an amount that was due to the Mafia,” Zambito told the inquiry. “It wasn’t complicated.”


Zambito said the Mafia got 2.5 percent of the value of a contract, 3 percent went to Union Montreal and 1 percent to the engineer tasked with inflating contract prices.


Tremblay did not respond to emails requesting comment on the allegations of corruption at city hall.


A former party organizer, Martin Dumont, alleged the mayor was aware of double bookkeeping used to hide illegal funding during a 2004 election.


Dumont said the mayor walked out of the room during a meeting that explained the double bookkeeping system, saying he did not want to know anything about it.


Dumont also described how he was called into the office of a fundraiser for Union Montreal to help close the door of a safe because it was too full of money.


“I think it was the largest amount I’d ever seen in my life,” Dumont said at the inquiry.


GOLF, HOCKEY, ESCORTS


The inquiry also saw videos linking construction company players with Mafia bosses. In one police surveillance video, a Mafia boss was seen stuffing cash into his socks.


A retired city of Montreal engineer, Gilles Surprenant, described how he first accepted a bribe in the late 1980s after being “intimidated” by a construction company owner. Over the years he said he accepted over $ 700,000 from the owners in return for inflating the price of the contracts.


Another retired engineer, Luc Leclerc, admitted to bagging half a million dollars for the same service. He said the system was well-known to many at city hall and simply part of the “business culture” in Montreal. He also got gifts and paid golf trips to the Caribbean with other businessmen and Mafia bosses.


Gilles Vezina, who is currently suspended from his job as a city engineer, concurred.


“It was part of our business relationships to get advantages like golf, hockey, Christmas gifts” from construction bosses, he told the inquiry in mid-November.


The gifts didn’t stop there. Vezina said he was twice offered the services of prostitutes from different construction bosses in the 1980s or early 1990s, which he said he refused.


The accusations are jarring for a country that prides itself on being one of the least corrupt places in the world, according to corruption watchdog Transparency International. But experts say corruption in Montreal was something of an open secret.


“The alarm signals have been going off here for 20 years and no one has done anything,” said Andre Cedilot, a former journalist who co-wrote a book on the Canadian Mafia.


Quebec’s new government has introduced legislation tasking the province’s securities regulator with vetting businesses vying for public contracts and allowing it to block companies that do not measure up.


Anti-corruption activist Jonathan Brun was not optimistic.


“You’ve got to use modern technology,” said Brun, a co-founder of Quebec Ouvert, a group that wants to make all information about contracts freely available rather than asking regulators to oversee individual companies. “You’ve got to change the entire system if you really want to fight corruption.”


(Writing by Russ Blinch; Editing by Janet Guttsman, Mary Milliken and Prudence Crowther)


Canada News Headlines – Yahoo! News


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Obama election tweet most repeated but Olympics tops on Twitter






(Reuters) – An election victory tweet from President Barack Obama — “Four more years” with a picture of him hugging his wife — was the most retweeted ever, but the U.S. election was topped by the Olympics as the most tweeted event this year.


Obama’s tweet was retweeted (repeated) more than 810,000 times, Twitter said as it published a list of the most tweeted events in 2012. (http://2012.twitter.com/)






“Within hours, that Tweet simultaneously became the most retweeted of 2012, and the most retweeted ever. In fact, retweets of that simple message came from people in more than 200 countries around the world,” Twitter spokeswoman Rachael Horwitz said.


Twitter users were busiest during the final vote count for the presidential elections, sending 327,452 tweets per minute on election night on their way to a tally of 31 million election tweets for the day.


The 2012 Olympic Games in London had the most overall tweets of any event, with 150 million sent over the 16 days.


Usain Bolt’s golden win in the 200 meters topped 80,000 tweets per minute but he did not achieve the highest Olympic peak on Twitter. That was seen during the closing ceremony when 115,000 tweets per minute were sent as 1990s British pop band the Spice Girls performed.


Syria, where a bloody civil war still plays out, was the most talked about country in 2012 but sports and pop culture dominated the tally of tweets.


Behind Obama was pop star Justin Bieber. His tweet, “RIP Avalanna. i love you” sent when a six-year-old fan died from a rare form of brain cancer, was retweeted more than 220,000 times.


Third most repeated in 2012 was a profanity-laced tweet from Green Bay Packers NFL player TJ Lang, when he blasted a controversial call by a substitute referee officiating during a referee dispute. That was retweeted 98,000 times.


This was the third year running that the microblogging site published its top Twitter trends, offering a barometer to assess the biggest events in social media.


Superstorm Sandy, which slammed the densely populated U.S. East Coast in late October, killing more than 100 people, flooding wide areas and knocking out power for millions, attracted more than 20 million tweets between October 27 and November 1.


European football made the list of top tweets when Spain’s Juan Mata scored as his side downed Italy 4-0 in the Euro 2012 final — sparking 267,200 tweets a minute.


News of pop star Whitney Houston‘s death in February generated more than 10 million tweets, peaking at 73,662 per minute.


Romantic comedy “Think Like a Man” was the most tweeted movie this year, topping “The Hunger Games”, “The Avengers” and “The Dark Knight Rises.”


Rapper Rick Ross who notched his fourth No. 1 album on the Billboard 200 chart this year, was the most talked about music artist.


(Editing by Rodney Joyce)


Internet News Headlines – Yahoo! News


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“Hobbit” actor McKellen has prostate cancer






LONDON (Reuters) – “The Hobbit” actor Ian McKellen said in an interview published on Tuesday that he had had prostate cancer for the last six or seven years, but added that the disease was not life-threatening.


McKellen, 73, played Gandalf in the hit “Lord of the Rings” movie trilogy, and reprises the role in three prequels based on J.R.R. Tolkien’s novel “The Hobbit”.






The first of those, “The Hobbit: An Unexpected Journey”, recently had its world premiere in New Zealand, where it was shot under the directorship of Peter Jackson.


“I’ve had prostate cancer for six or seven years,” McKellen told the Daily Mirror tabloid. “When you have got it you monitor it and you have to be careful it doesn’t spread. But if it is contained in the prostate it’s no big deal.”


His representatives in London were not immediately available to comment on the interview.


“Many, many men die from it but it’s one of the cancers that is totally treatable,” added McKellen, one of Britain’s most respected actors who is also well known in Hollywood for appearances in the X-Men franchise.


“I am examined regularly and it’s just contained, it’s not spreading. I’ve not had any treatment.”


He admitted he feared the worst when he heard he had the disease.


“You do gulp when you hear the news. It’s like when you go for an HIV test, you go ‘arghhh is this the end of the road?’


“I have heard of people dying from prostate cancer, and they are the unlucky ones, the people who didn’t know they had got it and it went on the rampage. But at my age if it is diagnosed it’s not life threatening.”


“The Hobbit” opens in cinemas later this week.


(Reporting by Mike Collett-White)


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Boehner stands firm but hopeful on “fiscal cliff” talks






WASHINGTON (Reuters) – House of Representatives Speaker John Boehner offered no concrete signs of progress on Tuesday on the “fiscal cliff” talks but said he remained hopeful that both sides would reach an agreement by the end-of-year deadline.


Amid signs the White House and Boehner‘s office are making headway in the talks, Boehner repeated his now-familiar call for President Barack Obama to offer a new proposal to avert the automatic steep tax hikes and spending cuts set for the end of the year unless Congress intervenes.






“I’m an optimist. I’m hopeful we can reach an agreement,” Boehner said on the House floor.


While Boehner demanded more specific spending cuts from Obama, White House spokesman Jay Carney said the administration had submitted extensive proposals to reduce spending but Republicans had not offered specifics on increasing revenues.


“There is a deal out there that’s possible,” Carney told reporters. It could include reduced spending, more revenues and tax reform as long as Republicans accepted higher tax rates on the wealthiest Americans, he said.


“We do believe the parameters of a compromise are pretty clear,” Carney said.


The pace of staff-level talks has quickened since Boehner met on Sunday with Obama at the White House in a meeting that the Republican described as “nice” and “cordial.”


But Senate Democratic leader Harry Reid said it would be difficult to reach an agreement before Christmas.


“Until we hear something from Republicans, there’s nothing to draft,” Reid told reporters, referring to writing legislation based on a deal. “It’s going to be extremely difficult to get it done before Christmas.”


The two major elements of the fiscal cliff are broad spending reductions starting January 1 and tax cuts that expire at the end of the year. Economists have warned the fragile economy could slip back into recession without a deal.


Obama and Boehner have exchanged opening proposals aimed at cutting deficits by more than $ 4 trillion over the next 10 years, but they differ on how to get there.


Obama and Democrats demand that tax rates rise for the wealthiest 2 percent of Americans. Republicans want existing lower rates continued for all brackets and prefer to raise more revenue by eliminating tax loopholes and reducing deductions.


Republicans also want deeper spending cuts than those sought by Obama and fellow Democrats, particularly on social entitlement programs like the government-funded Medicare and Medicaid healthcare plans.


Stocks rose on Tuesday, with the S&P 500 reaching its highest close since Election Day. Markets endured a sharp selloff after the November 6 re-election of Obama, as investors focused on the fiscal cliff concerns.


“I guess in our own dysfunctional way, there is progress,” said Frank Davis, director of sales and trading at LEK Securities in New York. “Since conversations are occurring, it clarifies at least they are taking some action. My personal gut is they’ll jostle this into the holiday week and try to do a last-minute push.”


FRAMEWORK FOR A DEAL


While senior figures from both parties caution they are far from a deal, a softening of partisan rhetoric in recent days and the increased frequency of talks has created speculation that negotiations are going well.


If there is a fiscal cliff deal, congressional leaders will have to decide the most efficient way to move the controversial legislation forward. Aides said those decisions had not yet been made as negotiators were still focused on the elements of a possible deal and would then figure out the legislative vehicle to carry out any fiscal cliff measure.


The most frequently discussed scenario on Capitol Hill involves Democrats getting the higher rates on the top earners in exchange for significant concessions on reducing costs in entitlement programs.


The two parties could then work together next year on comprehensive tax reform aimed at creating more revenues, in part by eliminating some tax breaks.


A group of corporate leaders urged a fiscal cliff compromise that would include both higher taxes and spending cuts, but it did not take sides on whether the revenues should be from raising taxes on the wealthiest, as Obama wants, or from limiting deductions and closing loopholes, as Republicans want.


“For far too long, political paralysis has fueled global uncertainty that discourages businesses from investing and hiring new workers,” the CEOs said in a letter sent under the umbrella of the Business Roundtable, a non-partisan group that promotes business.


Complicating the talks is the looming need for an increase in U.S. borrowing authority that Obama wants before Congress wraps up for the year. Without the authority, the government will hit its $ 16.4 trillion borrowing limit by year’s end and run out of steps to stave off default by mid-February.


Obama has asked for the power to raise U.S. borrowing authority without legislation from Congress in hopes of avoiding another confrontation with Republicans like the 2011 showdown that led to an embarrassing downgrade of the U.S. credit rating.


Also in the mix is a payroll tax “holiday” set to expire, which, if not extended, will quickly reduce the take-home pay of a large segment of the U.S. workforce.


The holiday, now in its second year, has been providing workers with an average of about $ 1,000 a year in extra cash. Significant divisions remain on the payroll tax question in part because it funds the Social Security retirement program.


The payroll tax is paid by employers and employees each at a rate of 6.2 percent of wages, up to a maximum of $ 110,110. The holiday, enacted in 2010, reduced the rate by 2 percentage points on the portion paid by the worker.


Democratic Representative Chris Van Hollen said Republicans were coming around on the tax-rate hikes on the wealthiest Americans and there was a good chance of resolving that soon. But the other things might have to wait, he said, mentioning the budget cuts and the payroll tax.


If not complete by January 1, he said, “my belief is you would get it done very soon” after the New Year, noting that the government has some flexibility on withholding taxes that could limit the immediate hit to taxpayers while negotiations continued into 2013.


(Additional reporting by Rachelle Younglai, Kim Dixon, Steve Holland and Matt Spetalnick; Writing by John Whitesides; Editing by Alistair Bell and Eric Beech)


Health News Headlines – Yahoo! News


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Obama blasts Michigan right-to-work bills


President Barack Obama at the Daimler Detroit Diesel plant in Redford, Mich., on Monday. (Jason Reed/Reuters)


President Barack Obama traveled to the Daimler Detroit Diesel plant in Redford, Mich., Monday to issue a speech on the economy, pressure Republicans in Congress to raise taxes on the nation's top earners, and highlight Daimler's new $120 million investment in the plant.


But it was the president's criticism of Michigan's right-to work legislation that stole the show for the audience of Daimler union employees.


"What we shouldn't be doing is trying to take away your rights to bargain for better wages," the president told the audience, which immediately roared with cheers, applause and whistles. "These so-called right-to-work laws, they don't have to do with economics, they have everything to do with politics." They're about "giving you the right to work for less money," he added, noting that Michigan's history shows how unions have helped "build a better America."


New state right-to-work legislation, which forbids requiring all employees who benefit from a labor contract to pay union dues, is scheduled to move through the Michigan Legislature for final action this week. Republican Gov. Rick Snyder has pledged to sign the final version.


Activists have mobilized against the legislation, which they view to be an anti-union effort, resulting in a state Capitol lockdown last Thursday.


The president's comments Monday were his first public statements on the situation in Michigan.
His appearance was pegged to Daimler's announcement of its investment in the Detroit Diesel plant, which created 115 good, new "union" jobs, the president said. "That's great for this plant, good for this community, but it's also good for American manufacturing."


The president highlighted the plant as a symbol of how American manufacturing and auto industries are rebounding and growing in the new global economy.


"The competitive balance is tipping a little," the president said.


Obama appealed to the audience, which he characterized as middle-class, on the issue of the "fiscal cliff" by warning that the average middle-class family stands to pay $2,200 more in taxes next year if the automatic spending cuts and tax increases go into effect Jan. 1.


The president said America will head into a "downward spiral" if this happens, and placed the onus once again on Republicans to resolve the crisis by agreeing to raise taxes on households making more than $250,000.


"We've got to get past this whole situation where we've manufactured crises because of politics," Obama said.


Obama met Sunday with House Republican Speaker John Boehner, the GOP's lead voice on "fiscal cliff" negotiations, but no details of that conversation have been offered.


White House spokesman Jay Carney, during Monday's briefing on Air Force One en route to Michigan, also would not reveal any information. "I won't characterize yesterday's meeting or other conversations, but the president does believe we can reach an agreement," Carney said.



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Tech guru McAfee’s legal appeals win him respite in Guatemala






GUATEMALA CITY (Reuters) – U.S. software pioneer John McAfee, facing deportation from Guatemala to Belize to answer questions over the death of a neighbor, has bought himself some time with legal appeals, the Guatemalan government said on Sunday.


McAfee’s lawyers have filed a request with a local court to grant him leave to stay in Guatemala until his legal appeals against deportation have been settled, which could take months.






“The government of Guatemala respects the courts and we have to wait for them to make a decision,” said Francisco Cuevas, a spokesman for the Guatemalan government.


The government initially said it would deport him straight away after rejecting McAfee’s request for asylum on Thursday.


Guatemala has been holding the former Silicon Valley millionaire since he was arrested on Wednesday for illegally entering the country with his 20-year-old Belizean girlfriend.


Officials in Belize want to question McAfee as a “person of interest” in the killing of fellow American Gregory Faull, his neighbor on the Caribbean island of Ambergris Caye.


The court has up to 30 days to rule on his request, but McAfee’s lawyers said on Sunday they expect a ruling in the American’s favor as early as Monday.


“We are filing a series of papers with the court to attempt to keep me here long enough for the world to see the injustice of sending me back to Belize,” McAfee said in an online news conference on Sunday evening.


McAfee has been evading Belizean officials for nearly a month, saying he fears they want to kill him, and that he is being persecuted for speaking out about corruption in the country’s ruling party. Belize’s prime minister has rejected McAfee’s claims, calling him paranoid and “bonkers.”


McAfee’s attorney, Telesforo Guerra, said that if his request with the court is successful, McAfee would be allowed to stay in the country until the legal suits have been resolved.


His lawyers have filed several injunctions against government officials, alleging McAfee’s rights were violated because his asylum request was not given proper consideration.


McAfee said on Saturday he wanted to return to the United States, and Guerra said he had filed a motion that would require Guatemalan authorities to deport him there and not to Belize.


The eccentric tech pioneer, who made his fortune from the anti-virus software bearing his name, has been chronicling life on the run in a blog, www.whoismcafee.com.


(Editing by Dave Graham; editing by Todd Eastham)


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Obama takes his case to people for “fiscal cliff” deal






REDFORD, Michigan (Reuters) – Making no visible headway in direct talks with Republicans, President Barack Obama took to the road on Monday to apply pressure on his political opponents to agree to a “fiscal cliff” deal that would raise taxes on the richest Americans.


Wearing shirtsleeves with no suit coat and speaking in front of an array of auto workers, Obama plunged into his new campaign a month after winning re-election on a vow to raise taxes on the wealthiest and take care of the middle class.






Obama made his appeal in Michigan where his popularity is high due in part to the 2009 government bailout of the state’s auto industry. He won Michigan easily in the November 6 election.


Now, Obama is trying to convince Americans that congressional Republicans need to avert a year-end fiscal crisis by increasing taxes on people making more than $ 250,000 a year.


If no agreement is reached by January 1, Bush-era tax cuts on all Americans expire and spending cuts agreed to last year kick in, a scenario known as the fiscal cliff that could hurl the economy back into recession.


A typical middle-class family of four, Obama said, would see an income tax hike of $ 2,200 a year if no deal is done.


“How many of you can afford to pay another $ 2,200?” he asked workers at a Daimler automobile manufacturing plant near Detroit. “That’s a hit you can’t afford to take.”


Polling shows most Americans would blame Republicans if the country goes over the fiscal cliff, and pressure has been building from some Republicans for House of Representatives Speaker John Boehner to get an agreement quickly, even if it means tax hikes on the wealthiest.


Obama painted a stark picture of what would happen if bipartisan talks fail.


Consumer spending would go down because families would have less expendable income, meaning businesses would have fewer customers and the economy would go into a “downward spiral,” he said.


“There’s good news,” he said. “We can solve this problem.”


Republicans accuse Obama of not proposing sufficient cuts to entitlements, like the Medicare health insurance program for seniors, to make a tax increase more palatable to Republicans.


The two sides have hit back at each other with rhetorical broadsides and appear no closer to an agreement than they did a month ago. The White House and Boehner’s office held more talks on Monday.


The Michigan trip was Obama’s second to hammer away on the fiscal cliff theme, after a stop in Pennsylvania on November 30.


(Editing by Alistair Bell and Eric Beech)


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