Thousands of Russians Rally Against Adoption Ban





MOSCOW – Thousands of Russians marched on Sunday in condemnation of the Russian Parliament’s move to ban adoption of Russian children by American families, an event dubbed a “March Against Scoundrels,” where participants chanted, “Take your hands off children,” and carried posters showing the faces of lawmakers stamped with the word “Shame.”




Marchers flooded tree-lined boulevards for many blocks on a bitterly cold day. The police estimated the turnout for the march, which was sanctioned by city authorities, at 9,500; a group of activists who made a count told Interfax that there were about 24,000 participants.


The sight gags and clever slogans of last year’s anti-government rallies were gone Sunday, and many participants had emotional answers for why they came to march. Many questioned the moral principles of a ban on adoptions by Americans in a country with so many children in foster care or orphanages.


“Even I can’t afford to adopt, and I’m supposedly middle class,” Yekaterina Komissarova, 31, said, adding that perhaps the issue angered her so deeply because she was the mother of two children.


Another marcher, Tamara Nikolayeva, 62, raised her voice to a near-shout as she accused Russian leaders of using orphans as pawns.


“They have decided to settle a score by using children, and it’s shameful,” Ms. Nikolayeva said, as her friends gathered around, nodding their encouragement. “O.K., maybe at some point, it will be better not to give our children away; we should take care of them ourselves. But first you have to make life better for them here. Give them a chance to study. Give them a chance to get medical treatment.”


The adoption ban has underlined a growing division in Russian society, as the government has embraced conservative rhetoric tailored to voters in the heartland, and turned away from prosperous city-dwellers who have mobilized over the Internet. State-controlled television has regaled Russians with reports of American parents who abuse or neglect Russian children, and a top official derided the marchers as “child-sellers.”


“I am especially surprised to see people gather at such a large action in support of American business — because for them, our children, Russian children, are factually, let’s put it this way, an object of trade,” said Yekaterina Lakhova, the United Russia lawmaker who sponsored the ban, in an interview with Kommersant FM radio station shortly after Sunday’s march began.


“Economically developed countries – and we do not consider ourselves a third-world country, we are in the top 20 – do not give up their children to foreign adoption as much as we do,” she said. “Excuse me, but in the past years, we have given the United States a small city with a population of up to 100,000, that is how many children we have given up to foreign adoptions.”


President Vladimir V. Putin approved the adoption ban in late December, as part of a broader law retaliating against the United States for the so-called Magnitsky Act, an effort to punish Russian officials accused of human rights violations.


Russian leaders have complained bitterly for years about light sentences handed down in cases where American adoptive parents abused or neglected children adopted from Russia, and named the ban after Dmitri Yakovlev, a toddler who died of heatstroke in Virginia in 2008 after his adoptive father left him in a parked car for nine hours.


But the decision has proven divisive in Russia, even within government circles. More than 650,000 children live in foster care or orphanages in Russia, of whom about 120,000 are eligible for adoption. Many children in orphanages are sick or disabled, and most have little hope of finding permanent homes.


“We hope that these people, who came out to express their opinion, are aware of the plans of our nation’s leaders to bring order to the adoption process, and the implementation of a range of measures aimed to improve the lives of orphans,” Dmitri S. Peskov, the Kremlin press secretary, said.


The protesters on Sunday, however, were not likely to be convinced. One woman carried a sign that read, “Stop the repressions, you’re making revolutionaries out of us.” Many said they support the Magnitsky Act, which was passed by the American Congress late last year, as a way to hold Russian officials accountable for crimes that would otherwise never be punished.


“I truly think they have lost touch with society, and they use these laws to divert society’s anger toward ‘our enemies,’ the Americans,” said Boris Komberg, a physicist who was distributing a poem he had written about the adoption issue.


Yelena Rostova, 61, said anger over the ban had crystallized in the two weeks that followed its passage and caught the authorities by surprised.


“They expected that, as usual, we would swallow it, keep quiet,” Ms. Rostova said. “We have had two weeks to think about this law, and not everyone understood right away, but as time passed, people realized what it means to leave invalids, sick children, in Russia, where there is no help. Everyone knows what kind of medicine we have here.”


A poll released in December by the Public Opinion Foundation showed that 56 percent of Russians approved of the adoption ban.


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Facebook tests $100 charge to message Zuckerberg






NEW YORK (AP) — Would you pay $ 100 to message Mark Zuckerberg? Facebook says it’s testing some “extreme price points” to let users pay to have their messages seen by people who are not their friends.


The tech blog Mashable reported early Friday that some users trying to message Zuckerberg are offered the option to pay $ 100 to ensure that their missive reaches the Facebook CEO’s inbox. Without paying, the message would likely end up in Zuckerberg’s “other” message folder, an oft-overlooked purgatory between the spam folder and the inbox.






Facebook says it’s testing the “extreme” prices to “see what works to filter spam. The company is also testing a service that lets people pay $ 1 per message to route communications to non-friends’ inboxes.


Zuckerberg has more than 16 million followers on the site.


Social Media News Headlines – Yahoo! News





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Taylor Swift, Marie Osmond Draw Love, Laughs from Readers This Week















01/12/2013 at 08:30 AM EST







Taylor Swift and Rachael, Gabriel and Marie Osmond


Steve Granitz/Wireimage; Courtesy R&C


What's on the minds of PEOPLE readers this week? We love receiving your feedback, and as always, you weighed in with plenty of reaction!

From Marie Osmond's happy news to pregnant Kim Kardashian's real estate moves to Taylor Swift's love life, check out the stories with the top reactions on the site this week, and keep clicking on the emoticons at the bottom of every story to tell us what you think! 

LOLAs she sings about her love life and its mishaps, readers laughed out loud at yet another public break-up for Swift, 23 – this time with One Direction's Harry Styles, 18. The high-profile couple, who connected in November and then were seen cuddling and kissing from New York to the Caribbean to the ski slopes, reportedly called it quits after a Virgin Island trip went sour.

WowBut it wasn't all LOLs for Swift this week. Emerging from her break-up with Styles, she made a bold statement on the People's Choice Awards red carpet. Decked out in a white Ralph Lauren Collection gown, with a plunging bodice, smoky eyes and sensual Christian Louboutin heels, Swift turned heads and signaled that she was not a victim of heartbreak.

LoveFor Marie Osmond, Christmas Day brought a huge present brimming with love. Her daughter Rachael, 23, a costume designer, married fashion designer Gabriel Krueger, 22, in a cabin in Park City, Utah, prompting a joyous Osmond to tell PEOPLE that she'd "never seen Rachael look happier." Readers shared in this Osmond story of love and family.

AngryIf reader's weren't shocked enough by their surprise baby news, Kim Kardashian and Kanye West continued to draw their ire with news that they purchased an extravagant $11 million Bel Air, Calif., mansion. As Kardashian, 32, negotiates her drawn-out divorce from basketball star Kris Humphries, 27, she and West, 35, continue to globe-trot along as they prepare to play house in a 9,000-square-foot Italian-style villa that a source says offers them privacy.

SadThe international fashion world was rocked and readers were saddened by news last week that Vittorio Missoni, 58, the commercial and marketing director of the Missoni fashion house, went missing while on holiday in Venezuela. As the search continues for Missoni's missing twin-engine plane, which went off radar and never arrived at its destination, his family said they remained hopeful that somehow, he and his wife and another couple they were vacationing with, would be found alive.

Check back next week for another must-read roundup, and see what readers are reacting to every day here.

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Flu season puts businesses and employees in a bind


WASHINGTON (AP) — Nearly half the 70 employees at a Ford dealership in Clarksville, Ind., have been out sick at some point in the past month. It didn't have to be that way, the boss says.


"If people had stayed home in the first place, a lot of times that spread wouldn't have happened," says Marty Book, a vice president at Carriage Ford. "But people really want to get out and do their jobs, and sometimes that's a detriment."


The flu season that has struck early and hard across the U.S. is putting businesses and employees alike in a bind. In this shaky economy, many Americans are reluctant to call in sick, something that can backfire for their employers.


Flu was widespread in 47 states last week, up from 41 the week before, the Centers for Disease Control and Prevention said Friday. The only states without widespread flu were California, Mississippi and Hawaii. And the main strain of the virus circulating tends to make people sicker than usual.


Blake Fleetwood, president of Cook Travel in New York, says his agency is operating with less than 40 percent of its staff of 35 because of the flu and other ailments.


"The people here are working longer hours and it puts a lot of strain on everyone," Fleetwood says. "You don't know whether to ask people with the flu to come in or not." He says the flu is also taking its toll on business as customers cancel their travel plans: "People are getting the flu and they're reduced to a shriveling little mess and don't feel like going anywhere."


Many workers go to the office even when they're sick because they are worried about losing their jobs, says John Challenger, CEO of Challenger, Gray & Christmas, an employer consulting firm. Other employees report for work out of financial necessity, since roughly 40 percent of U.S. workers don't get paid if they are out sick. Some simply have a strong work ethic and feel obligated to show up.


Flu season typically costs employers $10.4 billion for hospitalization and doctor's office visits, according to the CDC. That does not include the costs of lost productivity from absences.


At Carriage Ford, Book says the company plans to make flu shots mandatory for all employees.


Linda Doyle, CEO of the Northcrest Community retirement home in Ames, Iowa, says the company took that step this year for its 120 employees, providing the shots at no cost. It is also supplying face masks for all staff.


And no one is expected to come into work if sick, she says.


So far, the company hasn't seen an outbreak of flu cases.


"You keep your fingers crossed and hope it continues this way," Doyle says. "You see the news and it's frightening. We just want to make sure that we're doing everything possible to keep everyone healthy. Cleanliness is really the key to it. Washing your hands. Wash, wash, wash."


Among other steps employers can take to reduce the spread of the flu on the job: holding meetings via conference calls, staggering shifts so that fewer people are on the job at the same time, and avoiding handshaking.


Newspaper editor Rob Blackwell says he had taken only two sick days in the last two years before coming down with the flu and then pneumonia in the past two weeks. He missed several days the first week of January and has been working from home the past week.


"I kept trying to push myself to get back to work because, generally speaking, when I'm sick I just push through it," says Blackwell, the Washington bureau chief for the daily trade paper American Banker.


Connecticut is the only state that requires some businesses to pay employees when they are out sick. Cities such as San Francisco and Washington have similar laws.


Challenger and others say attitudes are changing, and many companies are rethinking their sick policies to avoid officewide outbreaks of the flu and other infectious diseases.


"I think companies are waking up to the fact right now that you might get a little bit of gain from a person coming into work sick, but especially when you have an epidemic, if 10 or 20 people then get sick, in fact you've lost productivity," Challenger says.


___


Associated Press writers Mike Stobbe in Atlanta, Eileen A.J. Connelly in New York, Paul Wiseman in Washington, Barbara Rodriguez in Des Moines, Iowa, and Jim Salter in St. Louis contributed to this report.


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Wall Street Week Ahead: Attention turns to financial earnings

NEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street.


The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal cliff" worries, have started to get back into the markets.


Equities have risen in the new year, rallying after the initial resolution of the fiscal cliff in Washington on January 2. The S&P 500 on Friday closed its second straight week of gains, leaving it just fractionally off a five-year closing high hit on Thursday.


An array of financial companies - including Goldman Sachs and JPMorgan Chase - will report on Wednesday. Bank of America and Citigroup will join on Thursday.


"The banks have a read on the economy, on the health of consumers, on the health of demand," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.


"What we're looking for is demand. Demand from small business owners, from consumers."


EARNINGS AND ECONOMIC EXPECTATIONS


Investors were greeted with a slightly better-than-anticipated first week of earnings, but expectations were low and just a few companies reported results.


Fourth quarter earnings and revenues for S&P 500 companies are both expected to have grown by 1.9 percent in the past quarter, according to Thomson Reuters I/B/E/S.


Few large corporations have reported, with Wells Fargo the first bank out of the gate on Friday, posting a record profit. The bank, however, made fewer mortgage loans than in the third quarter and its shares were down 0.8 percent for the day.


The KBW bank index <.bkx>, a gauge of U.S. bank stocks, is up about 30 percent from a low hit in June, rising in six of the last eight months, including January.


Investors will continue to watch earnings on Friday, as General Electric will round out the week after Intel's report on Thursday.


HOUSING, INDUSTRIAL DATA ON TAP


Next week will also feature the release of a wide range of economic data.


Tuesday will see the release of retail sales numbers and the Empire State manufacturing index, followed by CPI data on Wednesday.


Investors and analysts will also focus on the housing starts numbers and the Philadelphia Federal Reserve factory activity index on Thursday. The Thomson Reuters/University of Michigan consumer sentiment numbers are due on Friday.


Jim Paulsen, chief investment officer at Wells Capital Management in Minneapolis, said he expected to see housing numbers continue to climb.


"They won't be that surprising if they're good, they'll be rather eye-catching if they're not good," he said. "The underlying drive of the markets, I think, is economic data. That's been the catalyst."


POLITICAL ANXIETY


Worries about the protracted fiscal cliff negotiations drove the markets in the weeks before the ultimate January 2 resolution, but fear of the debt ceiling fight has yet to command investors' attention to the same extent.


The agreement was likely part of the reason for a rebound in flows to stocks. U.S.-based stock mutual funds gained $7.53 billion after the cliff resolution in the week ending January 9, the most in a week since May 2001, according to Thomson Reuters' Lipper.


Markets are unlikely to move on debt ceiling news unless prominent lawmakers signal that they are taking a surprising position in the debate.


The deal in Washington to avert the cliff set up another debt battle, which will play out in coming months alongside spending debates. But this alarm has been sounded before.


"The market will turn the corner on it when the debate heats up," Prudential Financial's Krosby said.


The CBOE Volatility index <.vix> a gauge of traders' anxiety, is off more than 25 percent so far this month and it recently hit its lowest since June 2007, before the recession began.


"The market doesn't react to the same news twice. It will have to be more brutal than the fiscal cliff," Krosby said. "The market has been conditioned that, at the end, they come up with an agreement."


(Reporting by Gabriel Debenedetti; editing by Rodrigo Campos)



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IHT Rendezvous: Hostages Caught Up in France's African Intervention

LONDON — The widespread satisfaction expressed in France at the government’s decision to intervene militarily against Islamic militants in Mali was tempered on Saturday by news of a failed overnight French hostage rescue mission on the other side of Africa.

After reports emerged from Somalia of a helicopter-borne commando raid in the south of the country, Jean-Yves Le Drian, the French defense minister announced that a hostage was believed to have been killed by his captors in an operation in which a French soldier died and another was missing.

The hostage, identified as Denis Allex, was a French secret service agent who had been held by Somalia’s Islamist Al Shabab militia since 2009. His captors, who may have seized the missing French soldier during the raid, claimed Mr. Allex was still alive and they planned to put him on trial.

Mr. Le Drian said there was no connection between the military operations in Mali and Somalia. The hostage rescue mission would have happened earlier, he told a news conference, if the conditions had been right.

However, news of the Somali raid prompted speculation that the action might have been prompted by France’s concern that its Mali intervention would spur retaliation against its citizens held captive in Africa.

These include eight hostages seized in Mali and neighboring states by Al Qaeda in the Islamic Maghreb, one of the groups involved in last year’s Islamist takeover of northern Mali.

The decision of President François Hollande to send French forces into action in Mali to counter an offensive by Islamist militias that control the north of the country has been greeted with broad cross-party support at home.

Libération newspaper said it could represent a positive turning point in the presidency of Mr. Hollande, “who did not hesitate in the face of the very real risk of seeing the establishment of a terrorist state in the heart of the dark continent.”

Families of the hostages, however, expressed fears for the fate of their loved ones, with some demanding why military action to free them had not been taken earlier.

Jean-Pierre Verdon, the father of one captive, Philippe Verdon, told France’s RTL broadcaster: “Making war on terrorists is a matter for the state, but our obsession is the hostages.”

A leader of the regional Al Qaeda group last month accused France of blocking negotiations on a deal that would have led to freeing the captives.

Mathieu Guidère, a French academic expert on the region, speculated at the time that the government wanted to send a message to the militants that the capture of French citizens would not affect its foreign policy.

The government was trapped in an “infernal logic,”, according to Mr. Guidère, a professor at the University of Toulouse.

“The more the government declares it will intervene in Mali to support African forces, the more French citizens will be kidnapped,” he told Le Figaro in December. “If you want to fight terrorism, you don’t go about announcing it in advance.”

Before news came through of the abortive overnight raid in Somalia, the intervention in Mali had attracted support across the political spectrum in France.

Jean-François Copé, head of the center-right opposition U.M.P., said: “It was high time to act to prevent the establishment of a narco-terrorist state.”

François Fillon, a former U.M.P. prime minister said: “The fight against terrorism demands national unity beyond partisan differences.”

With Mr. Hollande now facing a second crisis in Africa, it is a political honeymoon that may not last.

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The Worst ‘Wheel of Fortune’ Player Ever






We realize there’s only so much time one can spend in a day watching new trailers, viral video clips, and shaky cell phone footage of people arguing on live television. This is why every day The Atlantic Wire highlights the videos that truly earn your five minutes (or less) of attention. Today:  


RELATED: Movie and Television Characters Need a Lesson in Talking Trash






If we’re ever on Wheel of Fortune we would hope that we were on with the worst players. In part, because deep down, we know we’d be pretty bad at it—all that pressure, all that Sajak, and Vanna staring at you with her vacant eyes… it’s just too much, really. But even we know Johnny Cash never made a song called “I Have the Wine.” 


RELATED: Proof Ceiling Cat Exists; 295 Movies Bring You ‘Baby Got Back’


RELATED: Behold the Power of ‘Gangnam Style’


Movies? We can explain:


RELATED: The Robot That Performs Gangnam Style Better Than You


RELATED: Catching Kangaroos Seems Pretty Easy; ‘The Dark Knight’ Goes Pee-wee


Oh, broadcast journalists, you may never know the pain of an embarrassing typo, but we don’t envy you. Not even one bit:


And, finally, this video makes us think of the time we were first introduced to after-work drinks. Which is where we will now be going. Enjoy!


Wireless News Headlines – Yahoo! News





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Ryan Gosling: What Makes The Star Who Has Driven Fans To Obsession Tick?















01/11/2013 at 10:00 AM EST



Hey girl, sometimes dreams do come true.

Last fall, officials at the Texas School for the Deaf in Austin hoped to entice Ryan Gosling to attend a charity fundraiser by posting an open invitation in the form of the flirty "Hey Girl" Internet meme that riffs on his don't-you-wish-he-was-your-hipster-boyfriend reputation.

The day of the event, Gosling shocked organizers by turning up – with Rooney Mara and Michael Fassbender, his costars in the untitled Terrence Malick film shooting in town.

Gosling happily mingled, took photos with a long line of excited parents and kids, and at one point, he "paid $50 for a $1 glow-in-the-dark cotton candy," says Anne Adams, executive director of the school's foundation. "He insisted on learning the sign for please and thank you so he could properly show his appreciation to the child. He deserves everyone of those 'hey girls!' "

And so the perennial Sexiest Man Alive-in-Waiting (hmm, someone should get on that) continues to perfect the art of Being Ryan Gosling. In the past year, the 32-year-old actor cheered on his mom at her college graduation, doted on his dog George and homeless pups at an Austin pet rescue group, honed his blogworthy biceps via Muay Thai kickboxing, and worked on four films, including the new thriller Gangster Squad.

But the guy who makes both double-breasted suits and tank tops look cool still struggles to wear the sex symbol thing lightly.

"You just try not to think about it, and you take advantage of the fact that you have these opportunities that you can control – who you work with and what you make," Gosling told PEOPLE at the Jan. 7 Gangster Squad premiere in Los Angeles.

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Flu season strikes early and, in some places, hard


NEW YORK (AP) — From the Rocky Mountains to New England, hospitals are swamped with people with flu symptoms. Some medical centers are turning away visitors or making them wear face masks, and one Pennsylvania hospital set up a tent outside its ER to deal with the feverish patients.


Flu season in the U.S. has struck early and, in many places, hard.


While flu normally doesn't blanket the country until late January or February, it is already widespread in more than 40 states, with about 30 of them reporting some major hot spots. On Thursday, health officials blamed the flu for the deaths of 20 children so far.


Whether this will be considered a bad season by the time it has run its course in the spring remains to be seen.


"Those of us with gray hair have seen worse," said Dr. William Schaffner, a flu expert at Vanderbilt University in Nashville.


The evidence so far points to a moderate season, Schaffner and others say. It looks bad in part because last year was unusually mild and because the main strain of influenza circulating this year tends to make people sicker and really lay them low.


David Smythe of New York City saw it happen to his 50-year-old girlfriend, who has been knocked out for about two weeks. "She's been in bed. She can't even get up," he said.


Also, the flu's early arrival coincided with spikes in a variety of other viruses, including a childhood malady that mimics flu and a new norovirus that causes vomiting and diarrhea, or what is commonly known as "stomach flu." So what people are calling the flu may, in fact, be something else.


"There may be more of an overlap than we normally see," said Dr. Joseph Bresee, who tracks the flu for the Centers for Disease Control and Prevention.


Most people don't undergo lab tests to confirm flu, and the symptoms are so similar that it can be hard to distinguish flu from other viruses, or even a cold. Over the holidays, 250 people were sickened at a Mormon missionary training center in Utah, but the culprit turned out to be a norovirus, not the flu.


Flu is a major contributor, though, to what's going on.


"I'd say 75 percent," said Dr. Dan Surdam, head of the emergency department at Cheyenne Regional Medical Center, Wyoming's largest hospital. The 17-bed emergency room saw its busiest day ever last week, with 166 visitors.


The early onslaught has resulted in a spike in hospitalizations. To deal with the influx and protect other patients from getting sick, hospitals are restricting visits from children, requiring family members to wear masks and banning anyone with flu symptoms from maternity wards.


One hospital in Allentown, Pa., set up a tent this week for a steady stream of patients with flu symptoms. But so far "what we're seeing is a typical flu season," said Terry Burger, director of infection control and prevention for the hospital, Lehigh Valley Hospital-Cedar Crest.


On Wednesday, Boston declared a public health emergency, with the city's hospitals counting about 1,500 emergency room visits since December by people with flu-like symptoms.


All the flu activity has led some to question whether this year's flu shot is working. While health officials are still analyzing the vaccine, early indications are that it's about 60 percent effective, which is in line with what's been seen in other years.


The vaccine is reformulated each year, based on experts' best guess of which strains of the virus will predominate. This year's vaccine is well-matched to what's going around. The government estimates that between a third and half of Americans have gotten the vaccine.


In New York City, 57-year-old Judith Quinones skipped getting a flu shot this season and suffered her worst case of flu-like illness in years. She was laid up for nearly a month with fever and body aches. "I just couldn't function," she said.


But her daughter got the vaccine. "And she got sick twice," Quinones said.


Europe is also suffering an early flu season, though a milder strain predominates there. Flu reports are up, too, in China, Japan, the West Bank, the Gaza Strip, Algeria and the Republic of Congo. Britain has seen a surge in cases of norovirus.


On average, about 24,000 Americans die each flu season, according to the CDC. That's an estimate — the agency does not keep a running tally of adult flu deaths each year, only for children. Some state health departments do keep count, and they've reported dozens of flu deaths so far.


Flu usually peaks in midwinter. Symptoms can include fever, cough, runny nose, head and body aches and fatigue. Some people also suffer vomiting and diarrhea, and some develop pneumonia or other severe complications.


Most people with flu have a mild illness and can help themselves and protect others by staying home and resting. But people with severe symptoms should see a doctor. They may be given antiviral drugs or other medications to ease symptoms.


Flu vaccinations are recommended for everyone 6 months or older. Of the 20 children killed by the flu this season, only two were fully vaccinated.


___


AP Medical Writer Maria Cheng in London contributed to this report.


___


Online:


CDC flu: http://www.cdc.gov/flu/index.htm


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Wall Street to open firm after Thursday's gains, Wells Fargo results


NEW YORK (Reuters) - Stocks were set to firm at the open on Friday after the S&P 500 climbed to a five-year high a day earlier, as record profit from Wells Fargo failed to excite investors who awaited fresh trading incentives.


"The bigger news lies ahead of us in terms of earnings and also reports on Christmas sales, which seem to be poor so far," said Rick Meckler, president of investment firm LibertyView Capital Management in Jersey City, New Jersey.


Wells Fargo , the first major U.S. bank to post earnings this season, reported a higher fourth-quarter profit as it set aside less money to cover bad loans and made more fees from mortgages. While shares dropped 1.1 percent to $35 in premarket trading, the stock had climbed 2 percent Thursday ahead of the results, and is up 3.6 percent this month so far.


Best Buy shares were volatile in premarket trading after it reported flat holiday sales at established U.S. stores. Shares were last up 5.7 percent at $12.91.


Basic materials shares could be pressured after China's annual consumer inflation rate picked up to a seven-month high, narrowing the scope for the central bank to boost the economy by easing monetary policy.


Meckler said that in the absence of major news, the market will continue to absorb some of the money that comes in from institutional investors at the start of the year. This could give equities an upside bias.


S&P 500 futures were flat and were slightly above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures added 3 points and Nasdaq 100 futures rose 2 points.


American Express said it would take a $600-million quarterly charge relating to 5,400 job cuts and payment of legal bills, a move likely to halve its net income. Its shares dipped 0.5 percent in premarket trading to $60.51.


Boeing's 787 Dreamliner jet was dogged by further incidents that tested confidence in the new plane. It suffered a cracked cockpit window and an oil leak on separate flights in Japan on Friday. The US Department of Transportation said the jet would be subject to a review of its critical systems by regulators. Boeing shares fell 1.5 percent to $75.90 in premarket trading.


Dendreon Corp shares jumped 14.9 percent to $5.86 after Sanford C. Bernstein upgraded the stock to "outperform" from "market-perform" and said the drugmaker could be one of the best performers in 2013.


U.S.-traded shares of India's No.2 software services provider Infosys Ltd jumped 15.2 percent premarket after the company raised its revenue forecast.


In a move that could support US equities and boost the global economic outlook, the Japanese government approved a massive $117 billion of spending to revive the world's third-largest economy in the biggest stimulus plan since the financial crisis.


(Editing by Bernadette Baum)



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