Wall Street edges lower on earnings, China data


NEW YORK (Reuters) - Stocks fell modestly on Friday, a day after the S&P 500 rose to its highest level in five years, as a weak outlook from Intel was weighed against encouraging data out of China and a fourth-quarter profit at Morgan Stanley .


The Dow Jones industrial average <.dji> was down 6.68 points, or 0.05 percent, at 13,589.34. The Standard & Poor's 500 Index <.spx> was down 2.60 points, or 0.18 percent, at 1,478.34. The Nasdaq Composite Index <.ixic> was down 10.63 points, or 0.34 percent, at 3,125.37.


(Reporting by Angela Moon; Editing by Bernadette Baum)



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IHT Rendezvous: Skiing vs. Snowboarding: What's the Coolest Mountain Sport Now?

In his New York Times travel article “Has Snowboarding Lost Its Edge?” Christopher Solomon examines why boarding has “lost its mojo” over the last several years. He writes:

One reason may be that snowboarding simply doesn’t have the rebel cachet that it once did. Skiing has appropriated everything from snowboarding’s swagger to its trendy clothing to technology like fat skis. Simply put, it’s cool to be on two planks again.

Chris’s article talks about the waning of snowboarding in the United States. The sport caught on later in Europe, where the picture now, he tells us, is more nuanced:

Traditional Alpine countries like France, Switzerland and Germany have seen sales from manufacturers to shops drop 15 percent over the last two seasons, thanks in part to aging riders stepping away from the sport, said Remi Forsans, an industry veteran and editor of BoardsportSOURCE, which covers Europe and Russia. But snowboarding is still growing among the youth of Russia and former Eastern Bloc countries, where the sport is still relatively fresh, Mr. Forsans said. Worldwide, snowboarding remains “more or less stable,” he said, with about 27 million snowboarders worldwide.

So what are the cool kids doing on skis these days? The answer is, everything boarders can do and more. The trends are as varied as the gear ski manufacturers are dreaming up every season. Specially designed skis were invented years ago to allow skiers to create their own versions of spectacular snowboarding events like half-pipe, big air and boarder cross. Fatter, longer, heavier skis have made it possible for back-country free skiers to trace faster, more direct lines down the slope and do better airborne tricks. The latest trends in this vein are “rocker skis,” bent upward in a bow shape, and the ever-increasing number of niche ski companies like White Dot and black crows.

Back-country ski mountaineering, or ski touring, until recently seen as an activity for grizzled, old-school mountaineers, has reemerged as an extreme activity for a younger crowd. Ski-touring gear, originally designed to facilitate uphill walking and climbing as well as the occasional trip down the mountain, has been reoriented toward more thrilling descents: The skis are fatter and more versatile and the clothing is more fashionable. The activity even has an updated name — free ski mountaineering — and a poster boy: Glen Plake, who became famous in the 1980s for pounding moguls and heli-skiing down impossible cliff-like faces. Mr. Plake can now be seen in a more mellow yet thoroughly modern context climbing the pointy peaks around Chamonix, France, in the latest touring gear.

If you are tempted by the video above, be aware that though the evolution of skis and other equipment has opened up the mountains to more people of all levels, none of the dangers have changed. Many dozens of people around the world die in avalanches, falls and other alpine accidents each year. Hire a professional with local knowledge and take all of the precautions he or she recommends. If you are not convinced, read this piece by John Branch.

Has skiing eclipsed snowboarding for good? Have you tried free ski mountaineering? What are your views on the future of winter sports? Let us know in the comments space below.

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Mo. lawmaker wants tax on violent video games






JEFFERSON CITY, Mo. (AP) — A Republican lawmaker from rural Missouri bucked her party’s anti-tax bent on Tuesday and called for a sales tax on violent video games in response to a deadly Connecticut school shooting.


Rep. Diane Franklin, of Camdenton, said the proposed 1 percent sales tax would help pay for mental health programs and law enforcement measures aimed at preventing mass shootings. The tax would be levied on video games rated “teen,” ”mature” and “adult-only” by the Entertainment Software Rating Board, the organization in charge of rating video games.






The rating board classifies games as “teen” if they contain violence, suggestive themes and crude humor. The popular music game “Guitar Hero” has a teen rating and would be taxed under Franklin’s plan. Another popular title, “Call of Duty,” has a mature rating and also would be subject to the sales tax. “Mature” games are deemed suitable for people 17 and older and may contain intense violence and gore.


“History shows there is a mental health component to these shootings,” Franklin said, referring to the Sandy Hook Elementary School shooting that killed 20 students and six adults in Newtown, Conn., and the Aurora, Colo., movie theater shooting that left 14 dead.


Franklin’s plan is the latest in a string of measures proposed in response to recent mass shootings. Another Missouri Republican has filed a measure that would allow teachers to carry guns in the classroom. On the national level, Vice President Joe Biden is leading an effort to reduce gun violence and is expected to reveal recommendations Wednesday that include steps to improve school safety and mental health care, as well as address violence in entertainment and video games.


Franklin’s proposal already faces opposition from the Entertainment Software Association, which represents companies that publish computer and video games.


“Taxing First Amendment protected speech based on its content is not only wrong, but will end up costing Missouri taxpayers,” the association said in a written statement.


Tax increases typically are a hard sell in Missouri. This past November, voters rejected a proposed tobacco tax increase for the third time in a decade, choosing instead to leave the state’s cigarette tax at the lowest level in the nation. Republican legislative leaders and Democratic Gov. Jay Nixon both have taken stands against tax increases.


Other proposals to tax violent video games failed in Oklahoma in 2012 and New Mexico in 2008. In Oklahoma, Republican state Rep. William Fourkiller had proposed a violent video games tax to combat childhood obesity and school bullying, but his plan failed to make it out of a committee.


Other non-tax efforts to curb the effect of violent video games also have fallen short. U.S. Sen. Jay Rockefeller, D-W. Va., put forward a measure last year for the study of the impact of violent video games on children, but it failed. A California law banning the sale of violent games to minors was struck down by the U.S. Supreme Court in 2011.


The Entertainment Merchant’s Association sent a letter to Biden last week urging him to look elsewhere when it comes to his plans on gun violence.


“Make no mistake: blaming movies and video games is an attempt to distract the attention of the public and the media from meaningful action that will keep our children safer,” wrote the merchant’s association, a lobbying group for the home entertainment industry.


Others, however, have criticized the video game industry and its role in mass shootings.


“There exists in this country a callous, corrupt and corrupting shadow industry that sells, and sows, violence against its own people,” National Rifle Association Executive Vice President Wayne LaPierre said at a December news conference.


Franklin said she hopes her bill will “start a discussion” on the relationship between violent games and mental illness. Franklin, who has a granddaughter in kindergarten, added she is concerned about the safety of schools and universities in the state.


In 2008, there were 298 million video games sold in the U.S., generating $ 11.7 billion in revenue. Six of the 10 best-selling games included violence, and four carried a “mature” rating.


Franklin’s bill was formally introduced Monday and must be referred and approved by a committee before being considered on the House floor.


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Simon Cowell Signs The X Factor's Fifth Harmony






People Exclusive








01/17/2013 at 09:00 AM EST







Simon Cowell (center) and Fifth Harmony


Scott Kirkland/Picturegroup


Fifth Harmony and One Direction have a lot in common.

Both groups auditioned as five individuals before being put together by The X Factor mentors. Both groups went on to place third on their seasons. And, now, both groups have been signed by their X Factor mentor Simon Cowell.

"I knew from the girls' first performance at the judges' homes that we'd done the right thing," Cowell, in an exclusive statement, tells PEOPLE of Fifth Harmony. "The chemistry between the girls both on stage and off is fantastic, and they are incredibly talented."

Fifth Harmony's Ally Brooke, 19, Camila Cabello, 15, Normani Hamilton, 16, Dinah Jane Hansen, 15, and Lauren Jauregui, 16, developed a loyal fan base of "Harmonizers" during the Fox reality show's second season and have now signed a recording deal with Cowell's Syco Music and fellow X Factor mentor L.A. Reid's Epic Records.

"The fact that we're being given the opportunity to make music that we want feels like a dream we never want to wake up from. I literally have to pinch myself," says Cabello, who is known to fans for her signature hair bows.

The group's debut album will be executive produced by Julian Bunetta (whose credits include One Direction, Boys II Men and Leona Lewis), but the girls seem most excited to be reunited with each other in the recording studio after being apart for the holidays.

"I am going to have a blast working with my girls," Brooke says. "I promise we are going to bring it."

One of Fifth Harmony's most memorable performances was a cover of Ellie Goulding's "Anything Can Happen" – and how true that is, given what has taken place for a group of girls who, less than a year ago, were total strangers.

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Large study confirms flu vaccine safe in pregnancy


NEW YORK (AP) — A large study offers reassuring news for pregnant women: It's safe to get a flu shot.


The research found no evidence that the vaccine increases the risk of losing a fetus, and may prevent some deaths. Getting the flu while pregnant makes fetal death more likely, the Norwegian research showed.


The flu vaccine has long been considered safe for pregnant women and their fetus. U.S. health officials began recommending flu shots for them more than five decades ago, following a higher death rate in pregnant women during a flu pandemic in the late 1950s.


But the study is perhaps the largest look at the safety and value of flu vaccination during pregnancy, experts say.


"This is the kind of information we need to provide our patients when discussing that flu vaccine is important for everyone, particularly for pregnant women," said Dr. Geeta Swamy, a researcher who studies vaccines and pregnant women at Duke University Medical Center.


The study was released by the New England Journal of Medicine on Wednesday as the United States and Europe suffer through an early and intense flu season. A U.S. obstetricians group this week reminded members that it's not too late for their pregnant patients to get vaccinated.


The new study was led by the Norwegian Institute of Public Health. It tracked pregnancies in Norway in 2009 and 2010 during an international epidemic of a new swine flu strain.


Before 2009, pregnant women in Norway were not routinely advised to get flu shots. But during the pandemic, vaccinations against the new strain were recommended for those in their second or third trimester.


The study focused on more than 113,000 pregnancies. Of those, 492 ended in the death of the fetus. The researchers calculated that the risk of fetal death was nearly twice as high for women who weren't vaccinated as it was in vaccinated mothers.


U.S. flu vaccination rates for pregnant women grew in the wake of the 2009 swine flu pandemic, from less than 15 percent to about 50 percent. But health officials say those rates need to be higher to protect newborns as well. Infants can't be vaccinated until 6 months, but studies have shown they pick up some protection if their mothers got the annual shot, experts say.


Because some drugs and vaccines can be harmful to a fetus, there is a long-standing concern about giving any medicine to a pregnant woman, experts acknowledged. But this study should ease any worries about the flu shot, said Dr. Denise Jamieson of the Centers for Disease Control and Prevention.


"The vaccine is safe," she said.


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Online:


Medical journal: http://www.nejm.org


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Wall Street hits five-year high at open on data, eBay


NEW YORK (Reuters) - Stocks hit a five-year high at the open on Thursday after better-than-expected results from online marketplace eBay and as data showed first-time claims for unemployment benefits dropped to a five-year low.


The Dow Jones industrial average <.dji> gained 31.80 points, or 0.24 percent, to 13,543.03. The Standard & Poor's 500 Index <.spx> gained 3.67 points, or 0.25 percent, to 1,476.30. The Nasdaq Composite Index <.ixic> gained 12.66 points, or 0.41 percent, to 3,130.20.


(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)



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IHT Rendezvous: What to See in 2013

This time of year, museums around the world herald their major exhibitions. Here is a selection of those opening in the first half of 2013 that promise food for thought and feasts for the eyes, listed in the order in which they will open their doors.

Montreal Peru: Kingdoms of the Sun and Moon
An array of 370 paintings, sculptures, gold and silver ornaments, photographs and videos, covering 3,000 years, from the Pre-Columbian era to the Indigenous movements. Montreal Museum of Fine Arts. Feb. 2-June 16.

New York Gutai: Splendid Playground
They hailed the beauty of damaged or destroyed works of art. For two decades (1954-’72), the Japanese collective’s paintings, performances, installations, sound, kinetic and light art, and experimental film defied the social and artistic conventions of the postwar years. Solomon R. Guggenheim Museum. Feb. 15-May 8.

Brussels Neo Rauch: The Obsession of the Demiurge: Selected Works, 1993-2012 A realistic yet surrealistic visual idiom: Mr. Rauch’s “enigmas without answers” betray the influence of comic strips and Pop Art. On view, about 70 puzzling paintings and drawings created since 1993. Bozar. Feb. 20-May 19.

London Barocci: Brilliance and Grace Discover Federico Barocci (1535-1612), a painter of altarpieces and a few easel works, patronized by the Pope, the emperor and the king of Spain in his day but overlooked in later centuries. Fourteen altarpieces, four portraits, drawings and oil sketches The National Gallery. Feb. 27-May 19.

Tokyo Rubens: Inspired by Italy and Established in Antwerp
After eight years in Italy (1600-08), studying Titian, Caravaggio and Carracci, Rubens (1577-1640) returned to Antwerp to run a large studio. On display: works from his Italian days, works in collaboration with other masters and works created in his studio under his supervision. Bunkamura Museum. March 9-April 21.

Madrid El Labrador Small floral still lifes and bodegónes, or depictions of food and kitchen implements, by Juan Fernández, a Spanish painter of the first half of the 17th century, better known as El Labrador, whose reputation went well beyond Spanish borders. Museo del Prado. March 11-June 16.

Paris Eugène Boudin: Au Fil de ses Voyages A long-overdue homage to Boudin (1824-98), the “king of skies,” according to Corot. Boudin’s outdoor, light-filled scenes painted sur le motif, contributed to the dawn of Impressionism. In the display, 60 oils, watercolors and drawings. Musée Jacquemart-André. March 22-July 22.

Madrid Dal­í After Paris, the paintings, drawings, sculptures and films by the provocative and imaginative master of showmanship travel to Madrid. Museo Reina Sofí­a. April 24-Sept. 2.

Tokyo All You Need Is Love: From Chagall to Kusama and Hatsune Love, modern and diverse, inspires 100 works by about 50 international artists − Constable, Rodin, Dalí­, Chagall, Kusama, Othoniel, Shilpa Gupta and Zhang Xiaogang, among many others. Miku Mori Art Museum. April 26-Sept. 1.

Canberra Turner From the Tate: The Making of a Master
The donation to the British nation by Turner (1775-1851) of the paintings exhibited in his lifetime were supplemented by the contents of his house and studio after his death. About 40 oils and 70 works on paper, from large watercolors to intimate sketches. National Gallery of Australia. June 1-Sept. 8.

Kobe, Japan A History of Impressionism: Great French Paintings From the Clark More than 70 paintings that Sterling and Francine Clark acquired while living in Paris. The 21 early Renoirs are complemented by paintings by Monet, Degas, Manet, Pissarro and Sisley. Next stop: Shanghai.Hyogo Prefectural Museum of Art. June 8-Sept. 1.

Moscow Pre-Raphaelites Recently seen in London and Washington, a survey of the creativity of the rebellious 19th-century brotherhood that admired art created before Raphael. On show: paintings, sculptures, photographs as well as textiles, stained glass and furniture. The State Pushkin Museum of Fine Arts. June 10-Sept. 30.

London Ibrahim El-Salahi: A Visionary Modernist
About 100 paintings and drawings by the Sudanese artist (born 1930). Proof of the fruitful integration of traditional African, Arab and Islamic visual sources. Tate Modern. July 3-Sept. 22.

To find out more about exhibitions in cities you’ll be traveling to this season, check the IHT’s interactive Global Arts Guide.

What museum and gallery shows are you looking forward to this year? Tell us in the comments space below.

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Missouri Lawmaker Wants Violent Video Games Taxed






A rural Missouri lawmaker wants her state to tax certain video games to help curb gun violence. The Associated Press reports state Rep. Diane Franklin, R-Camdenton, believes a 1 percent sales tax on video games rated teen, mature and adults only would help finance mental health programs aimed at reducing gun violence such as the recent mass shooting at Sandy Hook Elementary School in Newtown, Conn.


What does the legislation propose?






House Bill 157 proposes to create “an excise tax based on the gross receipts or gross proceeds of each sale” of video games rated by the Entertainment Software Rating Board (ESRB). The tax also involves the “storage, use or other consumption” of violent video games in Missouri including “tangible personal property.” This means the tax could extend to memorabilia derived from the games such as toys, clothing and video game accessories.


How does the legislation hope to enhance public safety?


The law hopes to procure “new and additional funding for treatment of mental health conditions associated with exposure to violent video games… .” The revenue from the tax cannot be used to replace existing revenue already in place. Franklin deems the legislation “necessary for the immediate preservation of the public health, welfare, peace and safety.” Therefore, if the legislation passes it will go into effect immediately. There is no mention in the legislation as to how much revenue should be generated, nor does it say whether the sales tax is just on new merchandise as opposed to used games on the secondary market.


Have similar laws been considered before?


A similar proposal was struck down in mid-February in Oklahoma. Democrat William Fourkiller crafted legislation in 2012 that is very similar to Franklin’s idea in Missouri. A subcommittee struck down the bill by a 6-5 margin. Fourkiller, in defending the law , said it wasn’t a “magic bullet” but that Oklahoma had “to start somewhere” to curb childhood violence. Oklahoma also would have taxed ESRB teen, mature and adults only games at a rate of 1 percent.


Does the Missouri law have a chance to pass?


CNN notes a federal appeals court made a ruling in 2003 that video games are free speech protected by the First Amendment. Ironically, it was a federal case stemming from St. Louis County, Mo., that created the precedent for video games as free speech. Senior U.S. District Judge Stephen Limbaugh’s decision was reversed by an appellate panel. The ruling came shortly after the state of Washington banned the sale of certain video games to children under the age of 17. Gamasutra reveals New Mexico also tried, and failed, to pass a similar law in 2008.


What are Franklin’s credentials as they relate to the proposed bill?


Franklin was first elected in 2010 from Camdenton. She is a mother of two sons and served on Camdenton School Board from 1993 to 1999. She sits on the House Appropriations-Education committee. Franklin is a third-generation small business owner and comes from a farming family. Missouri Republicans currently have a veto-proof supermajority in the General Assembly. Camdenton is a small city of around 3,700 people near Lake of the Ozarks in central Missouri.


William Browning is a research librarian specializing in U.S. politics.


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American Idol Judges Predict a Girl Will Win This Season



Fans, keep your eyes on the ladies during the new season of American idol. That's the advice from several of the show's judges, who think a woman will win the singing competition this year.

"Girls, do not disappoint the Dawg. I think it's the girls' year," Randy Jackson tells PEOPLE of the new crop of contestants on the reality show, which premieres Wednesday (8 p.m. ET) on Fox.

"There are some talented boys, but I must say, I think the girls could really win one," he adds. "We haven't had a girl winner in so long."

Of course, some of the female Idol winners went on to have some of the most successful careers, including country superstar Carrie Underwood and the first-ever Idol winner, Kelly Clarkson.

New judge Nicki Minaj agrees that the women contestants really bring their A-game to the show. "The girls are exceptional. I mean, a girl will definitely win this year, I think," she says.

Minaj finds the ladies are "more seasoned, more poised, more professional" – and some of them combine that maturity with a great voice.

According to Keith Urban, the level of talent was so high overall this season that the judges struggled to figure out who should be cut.

"All four of us had the conversation, 'What are we looking for?' " he said. "Because we can't send two million people to Hollywood."

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ER visits tied to energy drinks double since 2007


SAN FRANCISCO (AP) — A new government survey suggests the number of people seeking emergency treatment after consuming energy drinks has doubled nationwide during the past four years, the same period in which the supercharged drink industry has surged in popularity in convenience stores, bars and on college campuses.


From 2007 to 2011, the government estimates the number of emergency room visits involving the neon-labeled beverages shot up from about 10,000 to more than 20,000. Most of those cases involved teens or young adults, according to a survey of the nation's hospitals released late last week by the Substance Abuse and Mental Health Services Administration.


The report doesn't specify which symptoms brought people to the emergency room but calls energy drink consumption a "rising public health problem" that can cause insomnia, nervousness, headache, fast heartbeat and seizures that are severe enough to require emergency care.


Several emergency physicians said they had seen a clear uptick in the number of patients suffering from irregular heartbeats, anxiety and heart attacks who said they had recently downed an energy drink.


More than half of the patients considered in the survey who wound up in the emergency room told doctors they had downed only energy drinks. In 2011, about 42 percent of the cases involved energy drinks in combination with alcohol or drugs, such as the stimulants Adderall or Ritalin.


"A lot of people don't realize the strength of these things. I had someone come in recently who had drunk three energy drinks in an hour, which is the equivalent of 15 cups of coffee," said Howard Mell, an emergency physician in the suburbs of Cleveland, who serves as a spokesman for the American College of Emergency Physicians. "Essentially he gave himself a stress test and thankfully he passed. But if he had a weak heart or suffered from coronary disease and didn't know it, this could have precipitated very bad things."


The findings came as concerns over energy drinks have intensified following reports last fall of 18 deaths possibly tied to the drinks — including a 14-year-old Maryland girl who died after drinking two large cans of Monster Energy drinks. Monster does not believe its products were responsible for the death.


Two senators are calling for the Food and Drug Administration to investigate safety concerns about energy drinks and their ingredients.


The energy drink industry says its drinks are safe and there is no proof linking its products to the adverse reactions.


Late last year, the FDA asked the U.S. Health and Human Services to update the figures its substance abuse research arm compiles about emergency room visits tied to energy drinks.


The Substance Abuse and Mental Health Services Administration's survey was based on responses it receives from about 230 hospitals each year, a representative sample of about 5 percent of emergency departments nationwide. The agency then uses those responses to estimate the number of energy drink-related emergency department visits nationwide.


The more than 20,000 cases estimated for 2011 represent a small portion of the annual 136 million emergency room visits tracked by Centers for Disease Control and Prevention.


The FDA said it was considering the findings and pressing for more details as it undertakes a broad review of the safety of energy drinks and related ingredients this spring.


"We will examine this additional information ... as a part of our ongoing investigation into potential safety issues surrounding the use of energy-drink products," FDA spokeswoman Shelly Burgess said in a statement.


Beverage manufacturers fired back at the survey, saying the statistics were misleading and taken out of context.


"This report does not share information about the overall health of those who may have consumed energy drinks, or what symptoms brought them to the ER in the first place," the American Beverage Association said in a statement. "There is no basis by which to understand the overall caffeine intake of any of these individuals — from all sources."


Energy drinks remain a small part of the carbonated soft drinks market, representing only 3.3 percent of sales volume, according to the industry tracker Beverage Digest. Even as soda consumption has flagged in recent years, energy drinks sales are growing rapidly.


In 2011, sales volume for energy drinks rose by almost 17 percent, with the top three companies — Monster, Red Bull and Rockstar — each logging double-digit gains, Beverage Digest found. The drinks are often marketed at sporting events that are popular among younger people such as surfing and skateboarding.


From 2007 to 2011, the most recent year for which data was available, people from 18 to 25 were the most common age group seeking emergency treatment for energy drink-related reactions, the report found.


"We were really concerned to find that in four years the number of emergency department visits almost doubled, and these drinks are largely marketed to younger people," said Al Woodward, a senior statistical analyst with the Substance Abuse and Mental Health Services Administration who worked on the report.


Emergency physician Steve Sun said he had seen an increase in such cases at the Catholic hospital where he works on the edge of San Francisco's Golden Gate Park.


"I saw one young man who had mixed energy drinks with alcohol and we had to admit him to the hospital because he was so dehydrated he had renal failure," Sun said. "Because he was young he did well in the hospital, but if another patient had had underlying coronary artery disease, it could have led to a heart attack."


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