Monday, January 09, 2012 5:00AM
On today?s "Dating for Dollars" show, Relationship Expert Dr. Michelle Callahan shares her top tips for online dating safely.Now, as mentioned on the show, Dr. Michelle Callahan shares her recommendations for how to find love online and how to make it work.?
Take a look at her Top 10 Dos and Don'ts of Successful Online Dating...
Stocks drifted higher Monday in a fourth consecutive listless session. Traders waited for corporate financial results to start rolling in so they could look for clues about the economy.
In the unofficial kickoff to earnings season, Alcoa, considered an economic bellwether because so many companies use its products, said it lost $34 million from October through December because of lower demand for aluminum.
The loss amounted to 3 cents per share. Analysts surveyed by FactSet, a provider of financial data, had expected a loss of 2 cents per share. Alcoa said revenue was $6 billion, compared with an estimate of $5.7 billion.
The results were released after the market closed for the day. Alcoa stock finished up 2.9 percent, the biggest gain of the 30 companies in the Dow Jones industrial average. It was little changed in after-hours trading.
The Dow closed up 32.77 points, or 0.3 percent, at 12,392.69. The broader Standard & Poor's 500 index gained 2.89 points, or 0.2 percent, to 1,280.70. The Nasdaq composite index rose 2.34, or 0.1 percent, to 2,676.56.
Stock trading has been subdued in recent days. The Dow's high and low were only 75 points apart Monday. In all of 2011, trading was that narrow on only 26 days. In the final five months, the average daily swing was 249 points.
The broader market has been calm, too. The S&P rose 19 points Jan. 3, the first trading day of the year, but has risen or fallen by less than four points each of the following four days.
Volume was light Monday, as it has been all but one trading day this year, at 3.28 billion shares. Last year, about 4.3 billion shares changed hands on an average day.
Other markets were fairly quiet. The yield on the 10-year U.S. Treasury note fell to 1.96 percent from 1.97 percent Friday.
Analysts think profit growth slowed for U.S. multinational companies from October through December because of weaker demand overseas. Europe is on the brink of recession, and China's explosive economy is cooling.
Quarterly profits for S&P 500 companies will probably only grow at half the rate of the previous three quarters, said Sam Stovall, chief equity strategist at S&P's Capital IQ. The companies generate about half their revenue overseas, he said.
The U.S. is in a "half-speed recovery, and that probably isn't enough to offset the weakness in Europe and Asia," Stovall said.
Many analysts expect materials companies such as Alcoa to suffer as developing nations expand more slowly. Government-funded construction booms had driven up prices for metals and other basic products.
"China, India, Latin America ? that's where those companies have been really driving sales in the last few quarters," said John Butters, senior earnings analyst at FactSet.
He said investors should pay close attention to what companies say about their overseas sales for clues to their future performance.
Analysts with S&P Capital IQ took a brighter view of the materials sector. They said in a note to clients that rising prices for steel, gases and chemicals will help offset declining global demand.
Another reason to expect slower profit growth: The results for the last three months of 2011 will be compared with the last three months of 2010, which are not as easy to improve on as results from earlier in 2010.
In early 2010, the U.S. was just emerging from its deepest recession in decades. Changes in the economy since late 2010 have been less dramatic, so the comparisons are more challenging, Butters said.
European markets closed lower Monday. French and German leaders met to craft the regional fiscal treaty that they agreed to pursue last year. It was their first crisis summit of the year.
The treaty would strengthen controls of spending by the 17 countries that use the euro. Excessive borrowing by nations such as Greece and Italy has hurt the European economy and roiled the financial industry.
About two stocks rose for every one that fell on the New York Stock Exchange.
In other corporate news:
? Netflix Inc. shot up 13.8 percent after the company made its debut in Britain and Ireland. The stock has gained 28 percent this year, best in the S&P 500. Netflix traded above $300 last summer, then plunged to $62 after the company surprised customers with a price increase.
? CareFusion Corp. plunged 8.6 percent, the most in the S&P 500. The company, which makes medical equipment, announced preliminary results that were weaker than analysts had expected.
? Inhibitex Inc., which makes medicine to treat hepatitis C, soared 140 percent after Bristol-Myers Squibb said over the weekend that it would buy the company for $2.5 billion. Other developers of hepatitis C treatments followed the rally. Idenix Pharmaceuticals Inc. jumped 37 percent, and Achillion Pharmaceuticals Inc. added 22.7 percent.
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Follow Daniel Wagner at http://www.twitter.com/wagnerreports.
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Toshiba's Excite X10 Tablet is only .3 inches thin and 1.18 lbs. heavy but comes with a heavy price tag: $530 for the 16GB version and $600 for the 32GB version. While not dissimilar in pricing strategy with the iPad, it still costs $130 more than the Sony Tablet S and other just as capable Android tablets. It seems like a price drop is inevitable here.
Aside from the bloated price tag, the Excite, which is coming in the first quarter to the US, is the same tablet we previewed in September of last year: a 10.1-inch, 1280x800 resolution screen, a dual-core 1.2 GHz TI OMAP4 CPU, 1GB RAM, and Honeycomb 3.2 (upgradeable to Ice Cream Sandwich), dual cameras and 8 hours of battery life. A solid Android tablet! But how fast will the price drop?
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MOSCOW ? Police in a provincial Russian city say an 18-month-old child was swept into the underground municipal sewage system when a sidewalk collapsed because of a ruptured pipe.
The mother, a 26-year-old policeman's wife, was pushing the child in a stroller in the city of Bryansk when the ground caved in underneath them.
Police say the woman was rescued, but the child was swept away by the current into a collecting tank for the sewage system and was presumed dead.
Investigators say they are working to determine the cause of Sunday's accident, but suspect faulty construction of the system may be to blame.
Underground pipes carrying hot water occasionally burst in Russia, causing the ground above them to suddenly collapse to the peril of those walking above.
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Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/AC6ccpMWmOM/story01.htm
(Reuters) ? MF Global's bankruptcy trustee, Louis Freeh, has refused to turn over some documents to the Commodity Futures Trading Commission (CFTC), which is investigating what happened to an estimated $1.2 billion in missing customer funds, the Wall Street Journal said.
Freeh, a former director of the Federal Bureau of Investigation and who represents MF Global's parent company, has asserted attorney-client privilege in deciding not to release certain documents to the CFTC, according to his office and people familiar with the matter, the Journal said.
The dispute is complicating efforts to learn how the firm lost the customer funds and to return the money to its owners and could slow the investigation, the Journal said, citing people familiar with the investigation.
A spokesman for Freeh's office told Reuters that the trustee's team was cooperating with regulators, law enforcement and Congressional committees and is not aware "that our initial desire to preserve the attorney-client privilege has hampered their respective investigations.
"To the extent that the authorities express concerns to us that the effort to preserve the attorney-client privilege is hampering their investigations, we of course would be willing to discuss the issue with them and be inclined to waive privilege," the spokesman said.
A spokesman for the CFTC declined to comment the Journal on the story.
The CFTC could not be reached by Reuters for comment after U.S. business hours.
Separately, the New York Times said CFTC is scrutinizing whether CME Group's efforts to verify the safety of customer funds were sufficient. The newspaper cited people briefed on the matter.
CME, which also served as MF Global's primary regulator is the operator of the main exchange where the commodities brokerage firm conducted business.
CME could not be reached for comment after U.S. business hours.
(Reporting by Rachana Khanzode in Bangalore; Editing by Matt Driskill)
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FRIDAY, Jan. 6 (HealthDay News) -- About 200 million people worldwide use illicit drugs each year, and use is highest in wealthier nations, a new study shows.
The researchers also found that the burden of health problems caused by illicit drug use in developed countries is similar to that caused by alcohol, but much less than that caused by tobacco.
Experts in the United States weren't surprised by the numbers, and said that more needs to be done to reduce Americans' dependence on illegal drugs.
The study "serves to confirm something addiction experts have known for some time -- that the extent of illicit drug use and abuse in developed countries like the United States has reached epidemic proportions," said Dr. Jeffrey T. Parsons, a professor in the department of psychology at Hunter College, in New York City.
The analysis of available data from a team of Australian researchers estimates that there are up to 203 million marijuana users, anywhere from 14 million to 56 million amphetamine users, 14 million to 21 million cocaine users, and 12 million to 21 million opioid users around the world.
The researchers also estimate that there are 15 million to 39 million "problematic users" of opioids (which include prescription painkillers such as Oxycontin or Vicodin), amphetamines or cocaine, and 11 million to 21 million people who inject drugs worldwide.
Marijuana use appears to be highest in Oceania (Australia/New Zealand), with up to 15 percent of those aged 15 to 64 using the drug, according to estimates made by the UN Office on Drugs and Crime. Amphetamine use was also highest in Oceania (2.8 percent of this age group), while use of heroin and other opioids was highest in the Near and Middle East (up to 1.4 percent). Cocaine use was highest in North America (1.9 percent).
There is no gold-standard method for estimating the true number of illicit drug users and no one method is ideal for all drugs or all countries, said Louisa Degenhardt, of the National Drug and Alcohol Research Centre at University of New South Wales, Sydney, and the Burnet Institute in Melbourne, and colleague Wayne Hall of the University of Queensland Centre for Clinical Research in Brisbane.
Lack of data also means there are no estimates of the extent of use, or the health effects, of Ecstasy; hallucinogenic drugs; inhalants; or non-medical use of benzodiazepines such as valium or anabolic steroids.
The study, published Jan. 6, is the first in an addiction series appearing in The Lancet.
The toll on human health from illicit drug use is enormous. According to the investigators, the most recent (2004) data from the World Health Organization suggest that illicit drugs caused 250,000 deaths that year, compared with 2.25 million deaths from alcohol and 5.1 million deaths due to tobacco.
Years of life lost because of illicit drug use were 2.1 million, compared with 1.5 million for alcohol. That's likely because drug deaths generally affect younger people while deaths from alcohol (and tobacco) tend to affect middle-aged and elderly people, the researchers said.
Illicit drug use also caused 13 million years lost to disability (disability-adjusted life years, or DALYs).
Wealthy nations, including the United States, are lagging in efforts to beat back the scourge of drug abuse, experts said.
"Unfortunately, the U.S. has made little progress in the prevention and treatment of drug abuse in the past decade," Parsons said. "More research is needed on effective educational and prevention programs designed to reach young people before they begin to use/abuse illicit drugs," he added.
And expert Dr. Marc Galanter said that "it is important that we call attention to very serious drug abuse problems that still exist in the United States. For example, we are seeing recent increases in abuse of painkillers in the United States, as well as the abuse of MDMA [Ecstasy] by adolescents and young adults. Abuse of these particular drugs is not prevalent in less industrialized countries."
Galanter is director of the division of alcoholism and substance abuse at NYU Langone Medical Center/Bellevue, and a professor of psychiatry at the NYU School of Medicine, in New York City. He said that while drug abuse remains at serious levels, "we have made great progress in treatment in many areas, particularly, in the early recognition of alcohol abuse and alcoholism by the general public. This has led to people seeking help before problems become much more serious."
Still, Galanter said, "much more, however, needs to be done."
The new study also "puts substance use in a societal context," noted Dr. Bruce Goldman, director of Substance Abuse Services at the Zucker Hillside Hospital of the North Shore-LIJ Health System, in Glen Oaks, N.Y. "Social norms have a very powerful impact on drug use patterns," he said, and "we need to create norms where substance use and availability, especially for young people is not acceptable."
More information
The U.S. National Institute on Drug Abuse has more about drug abuse and addiction.
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CNBC's Jane Wells looks at Sauder Woodworking, an Ohio furniture maker that is among the leaders in green technology and ready-to-assemble furniture.
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Business & financial news headlines from msnbc.com
Source: http://video.msnbc.msn.com/cnbc/45876089/
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'You ain't gonna hear that music on that mixtape or this album,' Tip tells MTV News of his family-man side.
By Rob Markman, with reporting by FLX
T.I.
Photo: MTV News
There are two sides to T.I., and ever since his 2003 breakout track "T.I. vs. T.I.P.," the Atlanta rap star has been exploring this duality. With the premiere of his new VH1 reality series "T.I. & Tiny: The Family Hustle," T.I. is showing yet another side — the family man. So how does he balance it all?
"That's when I go home," T.I. told MTV News of his role as a husband and father. "You ain't gonna hear that music on that mixtape or this album."
On New Year's Day, T.I. dropped his F--- da City Up mixtape, and next up is his eighth solo album, Trouble Man. Tip, who has never shied away from putting his street persona on display, makes it clear that there is a distinct line between "T.I. the rapper" and "T.I. the father figure." What fans see on TV isn't necessarily what they'll get when they listen to his new records.
"When I go home, that's who I am, what you see on the show. Now, what you're gonna hear through them records is when I hit the streets, when I'm out movin' and groovin' — this is the person that must maintain this personality because it's a cold world out here," he said. "At home, I could be Mr. Harris or Daddy or whatnot, but when I'm out here in these streets it's gonna have to be Tip because that's what it takes to make it out here."
What do you think of T.I.'s persona on "T.I. & Tiny: The Family Hustle"? Tell us in the comments!
Source: http://www.mtv.com/news/articles/1676761/ti-work-life-balance.jhtml
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Before becoming the Anaheim Angeles, the Southern California ball club was known as the California Angels. This NEW ERA 59Fifty fitted cap sports a Cooperstown color combination made up of a Red visor, Grey visor and Navy logo and NE insignia. Expect to also find a White stroke around the Angels? logo as well as the MLB logo on the back. Pick it up now at www.surfdome.com.
