Interpublic exits Facebook
















(Reuters) – Interpublic Group of Cos said it sold its remaining investment in Facebook Inc for $ 95 million in cash.


Interpublic said it expects to record a pre-tax gain of $ 94 million. It had recorded a pre-tax gain of $ 132.2 million for the third quarter of last year from the sale of half of its 0.4 percent stake in Facebook.













Interpublic paid less than $ 5 million for the stake in 2006.


Shares of Facebook, which debuted with a market value of more than $ 100 billion in May, have lost nearly half their value since then on concerns about money-making prospects.


“We decided to sell our remaining shares in Facebook as our investment was no longer strategic in nature,” Chief Executive Michael Roth said in a statement.


Interpublic also authorized an increase in its existing share repurchase program to $ 400 million from $ 300 million. The company repurchased shares worth $ 151 million, as of September 30.


Shares of the company were up 1 percent at $ 10 on the New York Stock Exchange on Tuesday.


Facebook shares were marginally up at $ 23.00 on the Nasdaq.


(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Joyjeet Das)


Internet News Headlines – Yahoo! News



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Do You Recognize January Jones?







Style News Now





11/20/2012 at 10:00 AM ET











January Jones Brunette
Splash News Online


She’s been a blonde and a redhead, so it was only a matter of time before January Jones experimented with a brunette hue.


The actress debuted a new hairstyle on Monday, while out in Los Angeles with her son, Xander. The Mad Men star looked cute and casual, wearing a blue sweater, slim jeans and Rachel Zoe Collection boots with her new ‘do.


Jones, normally a blonde, experimented with “rose gold” highlights in March before going totally red for a role in June, later returning to blonde. No word yet on why she went brunette — possibly for another role? — but with winter looming it seems like the perfect seasonal change. Tell us: Do you like Jones’s brunette ‘do? Or do you prefer her as a blonde? 


PHOTOS: SHARE YOUR THOUGHTS ON STAR HAIRSTYLES!




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New push for most in US to get at least 1 HIV test

WASHINGTON (AP) — There's a new push to make testing for the AIDS virus as common as cholesterol checks.

Americans ages 15 to 64 should get an HIV test at least once — not just people considered at high risk for the virus, an independent panel that sets screening guidelines proposed Monday.

The draft guidelines from the U.S. Preventive Services Task Force are the latest recommendations that aim to make HIV screening simply a routine part of a check-up, something a doctor can order with as little fuss as a cholesterol test or a mammogram. Since 2006, the Centers for Disease Control and Prevention also has pushed for widespread, routine HIV screening.

Yet not nearly enough people have heeded that call: Of the more than 1.1 million Americans living with HIV, nearly 1 in 5 — almost 240,000 people — don't know it. Not only is their own health at risk without treatment, they could unwittingly be spreading the virus to others.

The updated guidelines will bring this long-simmering issue before doctors and their patients again — emphasizing that public health experts agree on how important it is to test even people who don't think they're at risk, because they could be.

"It allows you to say, 'This is a recommended test that we believe everybody should have. We're not singling you out in any way,'" said task force member Dr. Douglas Owens of Stanford University and the Veterans Affairs Palo Alto Health Care System.

And if finalized, the task force guidelines could extend the number of people eligible for an HIV screening without a copay in their doctor's office, as part of free preventive care under the Obama administration's health care law. Under the task force's previous guidelines, only people at increased risk for HIV — which includes gay and bisexual men and injecting drug users — were eligible for that no-copay screening.

There are a number of ways to get tested. If you're having blood drawn for other exams, the doctor can merely add HIV to the list, no extra pokes or swabs needed. Today's rapid tests can cost less than $20 and require just rubbing a swab over the gums, with results ready in as little as 20 minutes. Last summer, the government approved a do-it-yourself at-home version that's selling for about $40.

Free testing is available through various community programs around the country, including a CDC pilot program in drugstores in 24 cities and rural sites.

Monday's proposal also recommends:

—Testing people older and younger than 15-64 if they are at increased risk of HIV infection,

—People at very high risk for HIV infection should be tested at least annually.

—It's not clear how often to retest people at somewhat increased risk, but perhaps every three to five years.

—Women should be tested during each pregnancy, something the task force has long recommended.

The draft guidelines are open for public comment through Dec. 17.

Most of the 50,000 new HIV infections in the U.S. every year are among gay and bisexual men, followed by heterosexual black women.

"We are not doing as well in America with HIV testing as we would like," Dr. Jonathan Mermin, CDC's HIV prevention chief, said Monday.

The CDC recommends at least one routine test for everyone ages 13 to 64, starting two years younger than the task force recommended. That small difference aside, CDC data suggests fewer than half of adults under 65 have been tested.

"It can sometimes be awkward to ask your doctor for an HIV test," Mermin said — the reason that making it routine during any health care encounter could help.

But even though nearly three-fourths of gay and bisexual men with undiagnosed HIV had visited some sort of health provider in the previous year, 48 percent weren't tested for HIV, a recent CDC survey found. Emergency rooms are considered a good spot to catch the undiagnosed, after their illnesses and injuries have been treated, but Mermin said only about 2 percent of ER patients known to be at increased risk were tested while there.

Mermin calls that "a tragedy. It's a missed opportunity."

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Wall Street edges up as bargain hunting offsets HP, France

NEW YORK (Reuters) - Stocks inched higher on Tuesday, reversing earlier declines after bargain hunters stepped in to buy beaten-down shares and offset the impact of Hewlett-Packard's accounting charge and France losing its triple-A credit rating.


The S&P 500 briefly dipped below its 200-day moving average at 1,382, but recovered to trade slightly above the key technical level, which is seen as a support mark.


Stocks rallied for the last two days on optimism that Washington politicians could agree on a deal to avoid the U.S. "fiscal cliff." But the gains followed two weeks of sharp losses.


"We got into a very oversold condition on just about any indicator and then you had intraday reversals in just about all the indexes," said Jeffrey Saut, Raymond James Financial's chief investment strategist in St. Petersburg, Florida.


Shares of McDonald's shot up 1.3 percent to $86.11, leading the Dow industrials' slim advance.


Moody's Investors Service cut France's sovereign rating by one notch to Aa1 after the market's close on Monday, citing an uncertain fiscal outlook as a result of the weakening economy.


While the move was expected after Standard & Poor's made a similar downgrade in January, it was a reminder of the headwinds buffeting the global economy and the danger of contagion by the euro zone's debt crisis.


Hewlett-Packard Co shares tumbled 10.5 percent to a 10-year low at $11.91 as the computer and printer maker swung to a fourth-quarter loss. The company said it took an $8.8 billion charge related to its acquisition of software firm Autonomy, citing "serious accounting improprieties.


A bright spot for the economy came in data showing U.S. housing starts rose to their highest rate in more than four years in October, suggesting the housing market's recovery was gathering momentum. The PHLX housing sector index <.hgx> jumped 2.4 percent, led by PulteGroup Inc , up 4.8 percent at $16.67.


The Dow Jones industrial average <.dji> was up 10.34 points, or 0.08 percent, at 12,806.30. The Standard & Poor's 500 Index <.spx> was up 2.17 points, or 0.16 percent, at 1,389.06. The Nasdaq Composite Index <.ixic> was up 3.41 points, or 0.12 percent, at 2,913.48.


The S&P 500 index had fallen 5.3 percent between election day two weeks ago and the start of the rebound as angst over a possible U.S. budget deal drove investors to sell stocks and limit the impact of expected tax increases on capital gains and dividends.


President Barack Obama and congressional leaders hope to start serious negotiations after the Thanksgiving holiday on Thursday to avoid the "fiscal cliff," a series of mandatory tax hikes and spending cuts that would go into effect early next year - if a deal is not reached - and could push the U.S. economy back into recession.


(Additional reporting by Chuck Mikolajczak Editing by W Simon, Kenneth Barry and Jan Paschal)


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Palestinian Death Toll Rises as Israel Presses Onslaught





GAZA CITY — The top leader of Hamas dared Israel on Monday to launch a ground invasion of Gaza and dismissed diplomatic efforts to broker a cease-fire in the six-day-old conflict, as the Israeli military conducted a new wave of deadly airstrikes on this besieged Palestinian enclave including a second hit on a 15-story building that houses media outlets. A volley of Gaza rockets fired into southern Israel included one that hit a vacant school.




Speaking at a news conference in Cairo, where the diplomatic efforts were under way, the Hamas leader, Khaled Meshal, suggested that the Israeli infantry mobilization on the border with Gaza was a bluff on the part of Prime Minister Benjamin Netanyahu of Israel.


“If you wanted to launch it, you would have done it,” Mr. Meshal told reporters. He accused Israel of using the invasion threat as an attempt to “ dictate its own terms and force us into silence.”


Rejecting Israel’s contention that Hamas had precipitated the conflict, Mr. Meshal said the burden was on the Israelis. “The demand of the people of Gaza is meeting their legimitate demands — for Israeli to be restrained from its aggression, assassinations and invasions and for the siege over Gaza to be ended,” he said.


The Hamas Health Ministry said Monday evening that a total of 100 people had been killed since last Wednesday morning, when Israeli airstrikes began following months of Palestinian rocket fire into Israel.


While it was difficult to tell how many of the dead were militants, since Hamas’s own fighting brigade and the other factional groups are secretive, the ministry said they included 24 children, 10 women and 12 men over 50 years of age, who were presumably not involved in combat. Islamic Jihad announced on its Web site that five of its fighters had died, and at least a 15 of the dead were well-known members of Hamas’s Al Qassam Brigades, which leaves  34 men whose status is unknown. Hamas health officials said 850 had been wounded, 260 of them children, 140 of them women and 55 men old than 50.


Three people have been killed so far in Israel, all civilians, in a rocket strike that hit an apartment house in the southern Israeli town of Kiryat Malachi last Thursday morning. The Israelis have said at least 79 Israelis have been wounded and that Gaza rockets have reached as far north as Tel Aviv.


The latest Gaza casualties — 19 people reported killed since midnight local time — included Palestinians killed in strikes by warplanes and a drone attack on two men on a motorcycle, the Health Ministry said. Another Israeli drone attack killed the driver of a taxi hired by journalists and displaying “Press” signs, although it was not clear which journalists hired it, Palestinian officials said.


On Sunday, Israeli forces attacked two buildings housing local broadcasters and production companies used by foreign outlets. Israeli officials denied targeting journalists, but on Monday Israeli forces again blasted the Al Sharouk block, a multiuse building where many local broadcasters as well as Britain’s Sky News and the Al Arabiya channel had offices.


That attack, which struck a computer shop on the third floor, sparked a blaze that sent plumes of dark smoke creeping up the sides of the building. Video footage showed clouds of smoke billowing.


An Israeli bomb pummeled a home deep into the ground here on Sunday, killing 11 people, including nine in three generations of a single family, in the deadliest single strike since the latest conflict began. Members of the family were buried Monday in a rite that turned into a gesture of defiance and became a rally supporting Gaza’s militant Hamas rulers.


A militant leader said Tel Aviv, in the Israeli heartland, would be hit “over and over” and warned Israelis that their leaders were misleading them and would “take them to hell.”


Israel says its onslaught is designed to stop Hamas from launching the rockets, but, after an apparent lull overnight, more missiles hurtled toward targets in Israel, some of them intercepted by Israel’s Iron Dome defense system. Of five rockets fired on Monday at the southern Israeli city of Ashkelon, four were intercepted but one smashed through the concrete roof at the entrance to an empty school. There were no reports of casualties. Other rockets rained on areas along the border with Gaza.


Fares Akram and Jodi Rudoren reported from Gaza City, and Alan Cowell from London. Reporting was contributed by Isabel Kershner from Ashkelon, Israel; Ethan Bronner, Myra Noveck and Irit Pazner Garshowitz from Jerusalem; Rina Castelnuovo from Ashdod, Israel; Peter Baker from Bangkok; and David D. Kirkpatrick from Cairo.



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Apolo Ohno Blogs About the 'Hardest Week' on Dancing with the Stars






Only on People.com








11/19/2012 at 11:45 AM EST







Apolo Anton Ohno and Karina Smirnoff


Craig Sjodin/ABC


Apolo Ohno is a former Dancing with the Stars champion, winning the coveted mirror-ball trophy in season 4 with Julianne Hough. The ice-skating Olympian is now blogging for PEOPLE.com about competing with Karina Smirnoff in the all-star season.

It felt good not going home on Tuesday, but at the same time, I never want to see anyone else go home either. Everybody's dancing so well and you become friends with everybody on the show during the time you're there. You cheer everybody on and you watch them grow as dancers and as people.

Now that we've made it to week nine, oh, man, I'm dying. Not really, but for me this is by far the absolute hardest week I've ever had on Dancing with the Stars. We have big top jazz, which is a dance that I know zero about. I've never done it before on the show, and I don't think we've ever seen it before on the show.

Our choreography is super intense, different, unique, fun, almost Cirque du Soleil-like a little bit. It's crazy. There's so much content in it. I feel like I need another two weeks just to work on that dance. Then we also have the rumba, which we haven't even started yet.

I can't control the outcome of the show. The fans have carried us this far, which has been an absolute blessing. But I take every week on the show as if it's my last. The only thing I can control is how much time, energy and effort we put into each week. Who cares about the scores? Who cares if somebody dances better? Doing my very best is rewarding internally.

I think voters know that we work extremely hard and we have fun. I hope that, especially over the past couple of weeks, people have been able to see how much in character we get. It's acting, it's fun, it's theatrical, it's emotional, it's physical. It's all in one package.

Looking back on the season thus far, I had no idea the competition was going to be this difficult. I knew there were going to be challenges, but I didn't know they were going to be this big. Every single week has been a true test for me to really dig deep and find what is possible beyond just the dance floor.

Luckily, Karina [Smirnoff] has been there as an absolutely incredible teacher who is so passionate and so into giving her best. That's what it takes. I feel like we've overcome so many challenges so far. I feel like we are champions already, regardless of what happens in the next couple of weeks. I feel like that's going to show when we dance on Monday. We are truly going to push the boundaries this week.

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EU drug regulator OKs Novartis' meningitis B shot

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

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

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

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

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

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

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Wall Street bounces on budget talk optimism, housing data

NEW YORK (Reuters) - Wall Street bounced on Monday as investors were heartened by signs of progress in talks to resolve the fiscal crunch and data that showed the recovery in the housing sector was gaining strength.


The major indexes climbed more than 1 percent after tumbling in recent weeks on nervousness over when and if Washington will come to an agreement to avoid the series of tax and spending changes that will start to come into effect in the new year.


Over the weekend, leading Democratic and Republican lawmakers expressed confidence that they could reach a deal to avert the "fiscal cliff", even as they laid down markers on raising taxes and spending cuts that may make any agreement more difficult.


"What you're seeing today is an oversold bounce in the market," said Michael Sheldon, chief market strategist at RDM Financial in Westport, Connecticut.


"This could last for a few more days, but ultimately we'll need to see what type of legislation or forward progress comes out of Washington."


Stronger-than-expected earnings from Lowe's and Tyson Foods, as well as encouraging housing data also contributed to the market's advance.


U.S. home resales unexpectedly rose in October, while separate data showed homebuilder sentiment rose to its highest level in over six years in November.


The PHLX Housing Index <.hgx> rose 1.7 percent.


The Dow Jones industrial average <.dji> gained 163.07 points, or 1.30 percent, to 12,751.38. The Standard & Poor's 500 Index <.spx> rose 21.52 points, or 1.58 percent, to 1,381.40. The Nasdaq Composite Index <.ixic> climbed 46.51 points, or 1.63 percent, to 2,899.64.


The S&P 500 was approaching its 200-day moving average around 1,382. Rising back above the key technical level could provide additional support for the index.


Shares of Lowe's Cos Inc , the world's No. 2 home improvement chain, jumped 6.3 percent to $33.99 after the company reported higher-than-expected quarterly profit and raised its full-year sales forecast.


Tyson Foods Inc likewise beat expectations and gave an upbeat forecast, sending its stock up 8.5 percent at $18.32.


Intel shares erased earlier losses to trade higher after the company said its chief executive will retire in May. Intel was up 0.9 percent at $20.37.


(Editing by Kenneth Barry)


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Susan E. Rice Caught Up in Furor Over Benghazi


Mary Altaffer/Associated Press


Hillary Rodham Clinton and Susan E. Rice listening to President Obama at the U.N. General Assembly in September.







WASHINGTON — Susan E. Rice was playing stand-in on the morning of Sept. 16 when she appeared on five Sunday news programs, a few days after the deadly attack in Benghazi, Libya, that killed four Americans.








Chris Hondros/Getty Images

Ms. Rice at a news conference in 2010. The ambassador to the United Nations, she is seen as President Obama’s favored candidate as the next secretary of state.






Secretary of State Hillary Rodham Clinton would have been the White House’s logical choice to discuss the chaotic events in the Middle East, but she was drained after a harrowing week, administration officials said. Even if she had not been consoling the families of those who died, including Ambassador J. Christopher Stevens, Mrs. Clinton typically steers clear of the Sunday shows.


So instead, Ms. Rice, the ambassador to the United Nations, delivered her now-infamous account of the episode. Reciting talking points supplied by intelligence agencies, she said that the Benghazi siege appeared to have been a spontaneous protest later hijacked by extremists, not a premeditated terrorist attack. Within days, Republicans in Congress were calling for her head.


In her sure-footed ascent of the foreign-policy ladder, Ms. Rice has rarely shrunk from a fight. But now that she appears poised to claim the top rung — White House aides say she is President Obama’s favored candidate for secretary of state — this sharp-tongued, self-confident diplomat finds herself in the middle of a bitter feud in which she is largely a bystander.


“Susan had a reputation, fairly or not, as someone who could run a little hot and shoot from the hip,” said John Norris, a foreign-policy expert at the Center for American Progress. “If someone had told me that the biggest knock on her was going to be that she too slavishly followed the talking points on Benghazi, I would have been shocked.”


At the United Nations, and in posts in President Bill Clinton’s administration, Ms. Rice, who turned 48 on Saturday, has earned a reputation as a blunt advocate, relentless on issues like pressing the government in Sudan or intervening in Libya to prevent a slaughter by Col. Muammar el-Qaddafi.


She was a Rhodes scholar, has degrees from Stanford and Oxford, a Rolodex of contacts and a relationship with Mr. Obama sealed during his 2008 campaign. So her ascension to lead the State Department would be less a blow for diversity — she would, after all, be the second black woman named Rice to hold the job — than the natural capstone to a fast-track career.


Yet the firestorm over Benghazi raises more basic questions: Is Ms. Rice the best candidate to succeed Mrs. Clinton as the nation’s chief diplomat? Does she have the diplomatic finesse to handle thorny problems in the Middle East? And even if Mr. Obama gets the votes for her confirmation, has the episode so tainted her that it would be hard for her to thrive in the job?


Ms. Rice’s supporters say she has compiled a solid record at the United Nations, winning the passage of resolutions that impose strict sanctions on Iran and North Korea. Diplomats praise her energetic negotiating style, though her peremptory manner has bruised some egos. But even those who back her tend to emphasize factors like her ties to Mr. Obama, an advantage that Mrs. Clinton, for all her celebrity, did not have.


“Given that he’s probably the most withholding president on foreign policy since Nixon, if anyone can get him to delegate, not dominate, it’s Rice,” said Aaron David Miller, a longtime Middle East negotiator now at the Woodrow Wilson Center. “That would be good for her, and for our foreign policy.”


While some in the State Department are wary of her, recalling her blustery style as assistant secretary for African affairs in the Clinton administration, Ms. Rice has a core of support among Mr. Obama’s aides, particularly those who worked with her on the 2008 campaign. They insist that Benghazi will not derail her chances. Some analysts said Mr. Obama’s defense of her at a news conference last week was so impassioned that he had left himself little room to put forward an alternative, like Senator John Kerry of Massachusetts.


Still, other longtime Washington observers question if Mr. Obama would risk a battle over his secretary of state when he needs to cut a deal with Republicans on the budget and taxes.


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EU drug regulator OKs Novartis' meningitis B shot

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

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

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

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

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

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

Read More..