Bullying study: It does get better for gay teens

CHICAGO (AP) — It really does get better for gay and bisexual teens when it comes to being bullied, although young gay men have it worse than their lesbian peers, according to the first long-term scientific evidence on how the problem changes over time.

The seven-year study involved more than 4,000 teens in England who were questioned yearly through 2010, until they were 19 and 20 years old. At the start, just over half of the 187 gay, lesbian and bisexual teens said they had been bullied; by 2010 that dropped to 9 percent of gay and bisexual boys and 6 percent of lesbian and bisexual girls.

The researchers said the same results likely would be found in the United States.

In both countries, a "sea change" in cultural acceptance of gays and growing intolerance for bullying occurred during the study years, which partly explains the results, said study co-author Ian Rivers, a psychologist and professor of human development at Brunel University in London.

That includes a government mandate in England that schools work to prevent bullying, and changes in the United States permitting same-sex marriage in several states.

In 2010, syndicated columnist Dan Savage launched the "It Gets Better" video project to encourage bullied gay teens. It was prompted by widely publicized suicides of young gays, and includes videos from politicians and celebrities.

"Bullying tends to decline with age regardless of sexual orientation and gender," and the study confirms that, said co-author Joseph Robinson, a researcher and assistant professor of educational psychology at the University of Illinois in Urbana-Champaign. "In absolute terms, this would suggest that yes, it gets better."

The study appears online Monday in the journal Pediatrics.

Eliza Byard, executive director of the Gay, Lesbian & Straight Education Network, said the results mirror surveys by her anti-bullying advocacy group that show bullying is more common in U.S. middle schools than in high schools.

But the researchers said their results show the situation is more nuanced for young gay men.

In the first years of the study, gay boys and girls were almost twice as likely to be bullied as their straight peers. By the last year, bullying dropped overall and was at about the same level for lesbians and straight girls. But the difference between men got worse by ages 19 and 20, with gay young men almost four times more likely than their straight peers to be bullied.

The mixed results for young gay men may reflect the fact that masculine tendencies in girls and women are more culturally acceptable than femininity in boys and men, Robinson said.

Savage, who was not involved in the study, agreed.

"A lot of the disgust that people feel when you bring up homosexuality ... centers around gay male sexuality," Savage said. "There's more of a comfort level" around gay women, he said.

Kendall Johnson, 21, a junior theater major at the University of Illinois, said he was bullied for being gay in high school, mostly when he brought boyfriends to school dances or football games.

"One year at prom, I had a guy tell us that we were disgusting and he didn't want to see us dancing anymore," Johnson said. A football player and the president of the drama club intervened on his behalf, he recalled.

Johnson hasn't been bullied in college, but he said that's partly because he hangs out with the theater crowd and avoids the fraternity scene. Still, he agreed, that it generally gets better for gays as they mature.

"As you grow older, you become more accepting of yourself," Johnson said.

___

Online:

Pediatrics: http://www.pediatrics.org

It Gets Better: http://www.itgetsbetter.org

___

AP Medical Writer Lindsey Tanner can be reached at http://www.twitter.com/LindseyTanner

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Asian shares advance after U.S. jobs, ISM

TOKYO (Reuters) - Asian shares climbed to 18-month highs on Monday after U.S. data showed some promise of a credible recovery but not strong enough to threaten the Federal Reserve's easing plans, while momentum also gained on firmer manufacturing data from Europe and China.

The yen took a break from heavy selling against the U.S. dollar and the euro, but fell to its lowest since August 2008 against the Australian and New Zealand dollars early on Monday on confidence of bold monetary support from the Bank of Japan to overcome the country's stubborn deflation.

More confidence in global economic recovery underpinned oil and copper prices while weighing on safe-haven assets, pushing 10-year U.S. Treasury yields to a nine-month high and 10-year Japanese government bond yields to a three-week high.

European markets are likely to inch higher, with financial spreadbetters predicting London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's DAX <.gdaxi> would open up by around 0.1 percent. U.S. stock futures were little changed, pointing to a steady open on Wall Street. <.l><.eu><.n/>

The MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> rose 0.6 percent.

"Prices of risk assets are generally expected to face upward pressures," said Naohiro Niimura, a partner at research and consulting firm Market Risk Advisory. "While risk appetite is returning, prices may become top-heavy for some commodities markets where the relative strength index suggests an overbought territory under the current economic environment."

Brent crude eased 0.2 percent to $116.48 a barrel but held above $116, near a more than four-month high, as data from top consumers United States and China reinforced a view that the global economy was headed for a modest uptick this year.

"We are now seeing a consistent story of moderate growth in the U.S. and China, which is supportive of oil prices in general," said Ric Spooner, chief market analyst at CMC Markets in Sydney. "This will probably be a week of consolidation."

U.S. data out on Friday showed payrolls rose modestly last month, with upward revisions for November and December, while the Institute for Supply Management said its index of national factory activity rose to its highest since April.

China followed with positive news over the weekend, saying growth in its official purchasing managers' index (PMI) for the non-manufacturing sector ticked up in January for the fourth straight monthly rise, confirming the world's second-largest economy was showing a modest recovery.

Australian shares <.axjo>, however, lost their grip on early gains to end 0.3 percent lower, pulled down by weaker-than-expected housing data, slow job advertising and technical resistance. They jumped 0.9 percent to a 21-month high on Friday.

NIKKEI MAY BE PEAKING

Japan's benchmark Nikkei stock average <.n225> rose 0.6 percent after climbing to a fresh 33-month high earlier as the yen declined. The index climbed for a fifth straight day. <.t/>

Nikkei has been moving in tandem with the yen's two-month-long losing streak with investors eyeing the change in the BOJ's top personnel in April for clues to the likely extent of the bank's reflationary measures.

"The Nikkei may be nearing its peak for now as we may get a specific name of the most likely candidate for the next BOJ governor soon. That may provide an opportunity to close long dollar/yen positions, while a firming yen will then likely spur investors to book profits on Japanese stocks," said Tetsuro Ii, the chief executive of Commons Asset Management.

The dollar eased 0.2 percent to 92.64 yen after scaling its highest since May 2010 of 92.97 on Friday, while the euro fell 0.3 percent to 126.26 yen, still near its loftiest since April 2010 of 126.97 touched on Friday.

In early Monday trade, the yen plunged to its lowest since August 2008 against both the Australian dollar, at 96.78 yen, and against the New Zealand dollar at 78.74 yen.

The euro inched down 0.1 percent to $1.3628, off Friday's 14-1/2-month peak of $1.3711 hit after data showed euro zone factories had their best month in January in nearly a year.

On Friday, the dollar index measured against a basket of key currencies fell to a 4-1/2-month low of 78.918 <.dxy>. The index was up 0.2 percent on Monday.

As economic optimism rose and concerns about the euro zone's debt difficulties eased, investors took on more risk.

Research provider TrimTabs Investment Research said on Saturday investors poured a record $77.4 billion in new cash into stock mutual funds and exchange-traded funds in January, surpassing the previous monthly record of $53.7 billion in February 2000.

With the rise in equities on recovering appetite for riskier assets, safe-haven appeal waned, pushing up yields of U.S. Treasury bonds. The U.S. 10-year Treasury yield hit a nine-month high of 2.052 percent in Asia on Monday.

A weekly gauge of sentiment in the Japanese government bond market deteriorated sharply, remaining in negative territory for a fifth straight week as rising global appetite for risk sapped demand for bonds, the latest Reuters poll showed on Monday.

(Additional reporting by Ramya Venugopal in Singapore; Editing by Eric Meijer)

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India Ink: Newswallah: Long Reads Edition

As pilgrims flock to the Maha Kumbh, a mass gathering in which Hindus travel to bathe in the confluence of the Ganga and Yamuna rivers, Soma Basu and Bharat Lal Seth examine the impact on the rivers and the surrounding areas. In their article in Down To Earth magazine, Ms. Basu points out that the large number of people drawn to the event help cause water pollution and demand a large number of resources such as waste disposal, sanitation facilities and basic amenities like food, water and electricity. She writes that despite the authorities’ claim that they are prepared for the pilgrimage, the region remains ill equipped to deal with such crowds.

In the second half of the piece Bharat Lal Seth writes that while temporary measures are taken to clean the Ganga during the festival, the river continues to stay dirty through the rest of the year. He writes, “Maha Kumbh is no Olympics, which leaves behind a legacy of infrastructure. Come March 10, the tents, stalls, offices, ghats and pontoon bridges will be dismantled. The 100 million people will leave behind a mountain of waste, excreta and plastics for the residents of the host city and downstream villages to deal with, for long.”

In Foreign Affairs, Sumit Ganguly analyzes the Congress Party’s decision in January to elevate Rahul Gandhi to the position of party vice president, a role that did not previously exist. The role, he argues, is an attempt to solidify the Congress Party’s position before the national elections in 2014. Mr. Ganguly suggests that as the Indian democracy matures and the Indian electorate demands a meritocratic leadership, this decision might backfire on the Congress.

In keeping with the dynastic politics that have dominated the Congress, the piece argues that Rahul Gandhi has long been groomed to take over the party’s vice presidency, while others among the party have been discouraged from attempting to take the Congress’s top position. However, Mr. Gaguly notes that if the party operated in a democratic manner internally, it is unlikely that Mr. Gandhi would have worked his way to the top position. He points to Mr. Gandhi’s ineffective public speaking, unremarkable career in parliament, inability to lead the Congress to victory in regional elections and lack of engagement with contemporary issues as evidence for this argument. “In the end, the party that has placed all its bets on him could well discover that his dynastic halo has less appeal in India’s evolving political order than it expected,” writes Mr. Ganguly.

In a deeply personal essay in Open, Rahul Pandita writes of the impetus behind his memoir, “Our Moon Has Blood Clots,” which talks about the exodus of Kashmiri Pandits in 1990.  Speaking of his horrific memories from the time, he talks of the forced removal of Kashmiri Pandits from their homes and the experiences they faced in refugee camps. While the pain of the experience has never left him in the 23 years he has been in exile, Mr. Pandita writes that in the last few years he has become angrier over his fate because the story of the Kashmiri Pandit has been marginalized. His said his desire to write the memoir was fueled by his anger over the denial his community faced about the events leading up to the exodus.

The piece describes the events of the night of 19 January 1990 as experienced by Mr. Pandita. He writes:

“Ask any Kashmiri Pandit — any — who left the Valley in 1990, about the night of 19 January 1990, and he will tell you the same story. Of how Muslims from his neighbourhood assembled in mosques, intimidating him and his family with scary slogans. Of how it happened not in one locality or street, or one district, but in the entire Valley at the same time.”

Speaking of those who have tried to suppress the point of view of Kashmiri Pandits, Mr. Pandita says that as in any genocide, the witnesses play a crucial role in shaping public discourse. When the witnesses manipulate the facts for fear of reproach, truth is compromised. He concludes, “There will be some who will live in permanent denial, but the world will overwhelmingly learn and believe and not be able to disregard our story. The war may end, but it won’t be won against us.”

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Meet the Man Who Designed BlackBerry’s New Phones

When BlackBerry set out to design the phones that would take the company into the next decade, it faced a big challenge. The flagship device of the new BlackBerry 10 platform needed to simultaneously satisfy what today’s customers want in a smartphone while at the same time stay true to the essence of BlackBerry — which, if the company’s market over the last few years is any indication, customers didn’t want.

The man tasked with redesigning BlackBerry phones was Todd Wood, the company’s senior vice president of design. Leading industrial design at BlackBerry since 2006, Wood is a veteran of industrial design, previously doing design work for Nokia and, before that, Nortel. Mashable sat down with Wood this week while he was in town for the BlackBerry 10 launch.

[More from Mashable: Here’s a Mysterious Image From BlackBerry’s Super Bowl Ad]

Wood speaks with the same thoughtfulness of other design leaders, such as Apple’s Jony Ive, but with none of the showiness. He’s been with BlackBerry (formerly Research In Motion) for long enough to see its fortunes rise and fall. As he describes the Z10, you feel that he’s heard enough praise and criticism about BlackBerry’s products that it all just bounces off.

[More from Mashable: Don’t Hold Your Breath for More BlackBerry Tablets]

When I bring up the BlackBerry Storm — the company’s previous (failed) attempt to create a touchscreen phone — Wood doesn’t bristle or even acknowledge the disaster it was. He simply describes certain design elements that a similar to the BlackBerry Z10, BlackBerry’s new flagship phone. And he makes them sound kind of cool.

“There’s still the ‘waterfall’ that was pronounced on Storm — these flowing surfaces,” Wood says as he points to the top and bottom of the Z10, which are ever-so-slightly sloped. “We’ve brought that with the margins [on the Z10], but it’s very subtle. There are some principles that we carry forward, but nothing’s been cut and pasted.”

As CEO Thorsten Heins described at the launch, BlackBerry faced a decision three years ago: adopt someone else’s mobile OS or go it alone. It opted for the latter, acquiring QNX software in 2010 and adapting it to build first the PlayBook, then BlackBerry 10.

Completely switching mobile platforms was risky and extremely challenging, but it was also a huge design opportunity, says Wood.

“We were starting the platform from scratch. We wanted to build on the design DNA [BlackBerry] had, and we wanted to keep certain attributes — the fit to face, fit to hand — the general comfort of the device, the build quality of the device.”

No Home Button

Key decisions about the device itself depended on how the software worked. There’s no home button on the Z10, for example — a user controls basic functions (like switching between apps) via gestures, such as swiping up from the edge of the screen.

Much of the design was influenced by the need for easy, one-handed operation.

“How can you design a system where you could multitask more elegantly?” Wood asks, rhetorically. “It’s not unlike shuffling cards. And we started to realize you can really do that with one hand and one thumb.

“Almost every phone has a UI paradigm of ‘You go home to go somewhere else.’ Here you can flow from app to app.”

Soft Touch Backside

The phone has a semi-rubberized back, a material that BlackBerry refers to as “soft touch.” The company has used it before — in the trim of the latest Bold smartphone, for example. But in the Z10, Wood’s team added a perforated pattern.

“Soft touch is a special coating that we use,” he explains. “It provides grip, and it’s very silky. What we did was add some microtexture to it, which is something that you don’t notice until you pick the phone up and run your hand across it. It’s a nice subtlety.”

Button Shapes

If you’ve ever thought the physical buttons on Samsung’s phones felt cheap, or the iPhone’s too bland, you’ll appreciate RIM’s contoured buttons for volume and media playback. The volume buttons have a slight notch on one side, and the play/pause button has a small upraised piece — all detectable by touch.

“We wanted to keep them really precise and clean,” says Wood. “We sculpted the keys so it’s always really apparent without looking, almost like braille, exactly where you are.”

Font

Wood also played a role in choosing the system font for BlackBerry 10, which is called Slate. Designed by Canadian Rod McDonald (who also designed the font for Maclean’s, one of Canada’s top national news magazines), BlackBerry chose Slate for its legibility, Wood says.

“Slate really works for screen and print, so we decided to adopt it. When you have such a high-res display, you get really accurate letterforms. When you have a really great font design, that improves productivity. You’re not squinting, and letters are not misinterpreted.”

The Q10

Of course, Wood also led the team that designed the Q10, the BlackBerry 10 phone with a physical QWERTY keyboard, coming about a month after the Z10 debuts. Although the Q10 borrows more design DNA from the BlackBerry of old, BB10 afforded some big departures as well.

For starters, the Q10′s keyboard is straight whereas most previous BlackBerry phone keyboards had a curve to them — which even led to the company calling one of its product lines the Curve.

“That is a big change,” Wood says of straightening out the keyboard for the Q10. “It was very logical, but also it signals ‘This is different.’ And there’s no performance tradeoff with it being straight — we’ve measured it.”

Besides being straight, the keyboard is larger than the ones on previous BlackBerry phones.

“What allows us to get that extra size is we’ve replaced the home key, the back key and the send/end keys, since everything in BB10 is controlled by gestures and direct manipulation of the data. Without the curve, each key is the same size, and they’re 3% larger.”

The Red LED

No BlackBerry phone would be complete without the trademark — and at times notorious — blinking red LED that indicates a message is waiting. Wood says the attribute is hard-wired into BlackBerry design at this point and at no point did the company consider ditching it.

“That’s probably the strongest, most iconic element of the DNA we carry forward,” he says. “It’s origins were ‘Let’s save on battery life,’ and it continues today. For us, we call it the spark, or the splat. It’s a hallmark of BlackBerry it makes some people excited, and it makes some people neurotic, but it’s up to end users to manage that.”

How do you like the design of BlackBerry’s new phones? Let us know in the comments.

BONUS: BlackBerry Z10 Review

Click here to view the gallery: BlackBerry Z10 Review

Lead image by Nina Frazier, Mashable

Images by Nina Frazier, Christina Warren and Pete Pachal, Mashable

This story originally published on Mashable here.

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Busy Philipps Feels No Pressure to Bounce Back After Baby

David Livingston/Getty

Busy Philipps may be willing to dish out style advice to fellow expectant mamas — but she’s not about to start breaking out the postpartum weight loss lectures.

Currently pregnant with her second child, the Cougar Town star admits that while her celebrity status opens her up for public scrutiny, she’s not planning a big bounceback after baby.

“Like most things in this business, I think that you have to do what’s right for you and you can’t be too concerned about what some magazine is going to write about you,” Philipps, 33, tells HuffPost Celebrity.

“We’re in a business where a lot of people are blessed with pretty incredible bodies, that they work hard for or comes naturally, and not everybody has the same body.”

According to Philipps, staying healthy is priority during pregnancy and women “should be given a break” when it comes to packing on the extra pounds — especially by those dubious doctors!

“It’s interesting when people make comments about celebrities’ weight gain or lack of weight gain as if they’re a medical professional that’s treating that celebrity,” she notes. “Like, ‘This doctor does not treat Jessica Simpson, but thinks her weight is unhealthy.’ If you don’t treat her, then how do you know?”

After the arrival of daughter Birdie Leigh, now 4, the actress took her time regaining her post-baby bod — a journey, she says, lasted almost a year — preferring to instead instill a positive attitude (and approach) in her little girl.

“I wanted to be healthy for her and have a healthy body image so that she hopefully grows up to see that her self worth isn’t defined by how thin she is,” Philipps explains.

“Thrilled to be expecting another baby with husband Marc Silverstein, Philipps wasn’t sure if expanding their tight-knit trio was even in the cards for the couple. No one, however, was more ecstatic over the news than the big sister-to-be, whose wish is finally coming true.

“My daughter is very excited … it’s actually something that she has asked for for quite some time,” she says. “My husband and I were on the fence about whether or not we were going to add to our family, but now that we’re on our road, we’re really excited.”

– Anya Leon

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New rules aim to get rid of junk foods in schools

WASHINGTON (AP) — Most candy, high-calorie drinks and greasy meals could soon be on a food blacklist in the nation's schools.

For the first time, the government is proposing broad new standards to make sure all foods sold in schools are more healthful.

Under the new rules the Agriculture Department proposed Friday, foods like fatty chips, snack cakes, nachos and mozzarella sticks would be taken out of lunch lines and vending machines. In their place would be foods like baked chips, trail mix, diet sodas, lower-calorie sports drinks and low-fat hamburgers.

The rules, required under a child nutrition law passed by Congress in 2010, are part of the government's effort to combat childhood obesity. While many schools already have improved their lunch menus and vending machine choices, others still are selling high-fat, high-calorie foods.

Under the proposal, the Agriculture Department would set fat, calorie, sugar and sodium limits on almost all foods sold in schools. Current standards already regulate the nutritional content of school breakfasts and lunches that are subsidized by the federal government, but most lunchrooms also have "a la carte" lines that sell other foods. Food sold through vending machines and in other ways outside the lunchroom has never before been federally regulated.

"Parents and teachers work hard to instill healthy eating habits in our kids, and these efforts should be supported when kids walk through the schoolhouse door," Agriculture Secretary Tom Vilsack said.

Most snacks sold in school would have to have less than 200 calories. Elementary and middle schools could sell only water, low-fat milk or 100 percent fruit or vegetable juice. High schools could sell some sports drinks, diet sodas and iced teas, but the calories would be limited. Drinks would be limited to 12-ounce portions in middle schools and to 8-ounce portions in elementary schools.

The standards will cover vending machines, the "a la carte" lunch lines, snack bars and any other foods regularly sold around school. They would not apply to in-school fundraisers or bake sales, though states have the power to regulate them. The new guidelines also would not apply to after-school concessions at school games or theater events, goodies brought from home for classroom celebrations, or anything students bring for their own personal consumption.

The new rules are the latest in a long list of changes designed to make foods served in schools more healthful and accessible. Nutritional guidelines for the subsidized lunches were revised last year and put in place last fall. The 2010 child nutrition law also provided more money for schools to serve free and reduced-cost lunches and required more meals to be served to hungry kids.

Sen. Tom Harkin, D-Iowa, has been working for two decades to take junk foods out of schools. He calls the availability of unhealthful foods around campus a "loophole" that undermines the taxpayer money that helps pay for the healthier subsidized lunches.

"USDA's proposed nutrition standards are a critical step in closing that loophole and in ensuring that our schools are places that nurture not just the minds of American children but their bodies as well," Harkin said.

Last year's rules faced criticism from some conservatives, including some Republicans in Congress, who said the government shouldn't be telling kids what to eat. Mindful of that backlash, the Agriculture Department exempted in-school fundraisers from federal regulation and proposed different options for some parts of the rule, including the calorie limits for drinks in high schools, which would be limited to either 60 calories or 75 calories in a 12-ounce portion.

The department also has shown a willingness to work with schools to resolve complaints that some new requirements are hard to meet. Last year, for example, the government relaxed some limits on meats and grains in subsidized lunches after school nutritionists said they weren't working.

Schools, the food industry, interest groups and other critics or supporters of the new proposal will have 60 days to comment and suggest changes. A final rule could be in place as soon as the 2014 school year.

Margo Wootan, a nutrition lobbyist for the Center for Science in the Public Interest, said surveys by her organization show that most parents want changes in the lunchroom.

"Parents aren't going to have to worry that kids are using their lunch money to buy candy bars and a Gatorade instead of a healthy school lunch," she said.

The food industry has been onboard with many of the changes, and several companies worked with Congress on the child nutrition law two years ago. Major beverage companies have already agreed to take the most caloric sodas out of schools. But those same companies, including Coca-Cola and PepsiCo, also sell many of the non-soda options, like sports drinks, and have lobbied to keep them in vending machines.

A spokeswoman for the American Beverage Association, which represents the soda companies, says they already have greatly reduced the number of calories that kids are consuming at school by pulling out the high-calorie sodas.

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Follow Mary Clare Jalonick on Twitter at http://twitter.com/mcjalonick

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"Great Rotation"- A Wall Street fairy tale?

NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights.

That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January.

Late-stage bull markets are typically marked by an influx of small investors coming late to the party - such as when your waiter starts giving you stock tips. For that to happen you need a good story. The "great rotation," with its monumental tone, is the perfect narrative to make you feel like you're missing out.

Even if something approaching a "great rotation" has begun, it is not necessarily bullish for markets. Those who think they are coming early to the party may actually be arriving late.

Investors pumped $20.7 billion into stocks in the first four weeks of the year, the strongest four-week run since April 2000, according to Lipper. But that pales in comparison with the $410 billion yanked from those funds since the start of 2008.

"I'm not sure you want to take a couple of weeks and extrapolate it into whatever trend you want," said Tobias Levkovich, chief U.S. equity strategist at Citigroup. "We have had instances where equity flows have picked up in the last two, three, four years when markets have picked up. They've generally not been signals of a continuation of that trend."

The S&P 500 rose 5 percent in January, its best month since October 2011 and its best January since 1997, driving speculation that retail investors were flooding back into the stock market.

Heading into another busy week of earnings, the equity market is knocking on the door of all-time highs due to positive sentiment in stocks, and that can't be ignored entirely. The Standard & Poor's 500 Index <.spx> ended the week about 4 percent from an all-time high touched in October 2007.

Next week will bring results from insurers Allstate and The Hartford , as well as from Walt Disney , Coca-Cola Enterprises and Visa .

But a comparison of flows in January, a seasonal strong month for the stock market, shows that this January, while strong, is not that unusual. In January 2011 investors moved $23.9 billion into stock funds and $28.6 billion in 2006, but neither foreshadowed massive inflows the rest of that year. Furthermore, in 2006 the market gained more than 13 percent while in 2011 it was flat.

Strong inflows in January can happen for a number of reasons. There were a lot of special dividends issued in December that need reinvesting, and some of the funds raised in December tax-selling also find their way back into the market.

During the height of the tech bubble in 2000, when retail investors were really embracing stocks, a staggering $42.7 billion flowed into equities in January of that year, double the amount that flowed in this January. That didn't end well, as stocks peaked in March of that year before dropping over the next two-plus years.

MOM AND POP STILL WARY

Arguing against a 'great rotation' is not necessarily a bearish argument against stocks. The stock market has done well since the crisis. Despite the huge outflows, the S&P 500 has risen more than 120 percent since March 2009 on a slowly improving economy and corporate earnings.

This earnings season, a majority of S&P 500 companies are beating earnings forecast. That's also the case for revenue, which is a departure from the previous two reporting periods where less than 50 percent of companies beat revenue expectations, according to Thomson Reuters data.

Meanwhile, those on the front lines say mom and pop investors are still wary of equities after the financial crisis.

"A lot of people I talk to are very reluctant to make an emotional commitment to the stock market and regardless of income activity in January, I think that's still the case," said David Joy, chief market strategist at Columbia Management Advisors in Boston, where he helps oversee $571 billion.

Joy, speaking from a conference in Phoenix, says most of the people asking him about the "great rotation" are fund management industry insiders who are interested in the extra business a flood of stock investors would bring.

He also pointed out that flows into bond funds were positive in the month of January, hardly an indication of a rotation.

Citi's Levkovich also argues that bond investors are unlikely to give up a 30-year rally in bonds so quickly. He said stocks only began to see consistent outflows 26 months after the tech bubble burst in March 2000. By that reading it could be another year before a serious rotation begins.

On top of that, substantial flows continue to make their way into bonds, even if it isn't low-yielding government debt. January 2013 was the second best January on record for the issuance of U.S. high-grade debt, with $111.725 billion issued during the month, according to International Finance Review.

Bill Gross, who runs the $285 billion Pimco Total Return Fund, the world's largest bond fund, commented on Twitter on Thursday that "January flows at Pimco show few signs of bond/stock rotation," adding that cash and money markets may be the source of inflows into stocks.

Indeed, the evidence suggests some of the money that went into stock funds in January came from money markets after a period in December when investors, worried about the budget uncertainty in Washington, started parking money in late 2012.

Data from iMoneyNet shows investors placed $123 billion in money market funds in the last two months of the year. In two weeks in January investors withdrew $31.45 billion of that, the most since March 2012. But later in the month money actually started flowing back.

(Additional reporting by Caroline Valetkevitch; Editing by Kenneth Barry)

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India Ink: Selling ‘Midnight’s Children’ in India

“Am I allowed to mention the Rushdie word?” quipped the historian and author Tom Holland at the recently concluded Jaipur Literature Festival. Mr. Holland was speaking of Salman Rushdie’s 1981 novel, “Midnight’s Children,” a book he called a contemporary classic.

His comment alluded to the political baggage attached to Mr. Rushdie in India, the country of his birth, because of his novel “The Satanic Verses,” which is banned in India and sparked a death threat against him from Iran in 1989. Last year, Mr. Rushdie canceled a scheduled appearance at the Jaipur Literary Festival because of an assassination threat against him in connection with the book.

Controversy over Mr. Rushdie flared up again this week, as he came to India to promote the film “Midnight’s Children,” directed by the award-winning filmmaker Deepa Mehta and based upon Mr. Rushdie’s acclaimed novel by the same name. Beginning on the eve of India’s independence from British rule, “Midnight’s Children” follows the country through its early years as a new nation through the lives of the children born at the stroke of midnight on Aug. 15, 1947.

On Wednesday, Mr. Rushdie was scheduled to attend a publicity event in Kolkata for the movie, along with Ms. Mehta. However, the visit was called off at the last minute, giving rise to speculation that the state government had canceled the visit because of pressure from Muslim groups.

On Friday, Mr. Rushdie said as much on Twitter. “The simple fact is that the Chief Minister Mamata Banerjee ordered the police to block my arrival,” he said. In a statement issued Friday, he clarified that he had been planning to take part in a session at the Kolkata Literary Meet, where he had been invited by the organizers to appear as “a surprise guest.” He also said that a police source had shared his itinerary with the press, thereby inciting trouble.

“What is happening in India nowadays is an accumulating scandal and a growing disgrace to this great nation,” said Mr. Rushdie in the statement. “I can only hope that the people of India have the will to demand that such assaults on freedom cease once and for all.”

However, Mr. Rushdie was able to attend the premiere of the film at Mumbai’s PVR Cinema in Phoenix Mills on Thursday. The theater was lined with nearly 50 police officers standing guard, and two truckloads of officers sat outside the gates of the mall complex.

The premiere was well attended by the actors in the movie, including Shriya Saran, Shahana Goswami, Kulbhushan Kharbanda and Rahul Bose, and they were in a celebratory mood.

“I think that this is a bit of good news that in the middle of dark times for our creative freedom that this film is releasing here,” Mr. Bose said at the premiere. “I am sentimentally invested in the movie because it’s a movie I was supposed to be part of in a production 15 years ago. That one was stymied at the last moment, but this one wasn’t. And I’m playing a small role, but it’s nice to be part of it.”

As the crowd vied to get a view of Mr. Rushdie as he entered, he gamely posed for photographs with fans and greeted friends and well-wishers. Also in attendance were the actress Nandita Das, the director and screenwriter Dev Benegal, the film director and screenwriter Sudhir Mishra, the cricketer Yuvraj Singh, the columnist Anil Dharker and the actor Arunoday Singh.

While film adaptations of books, particularly those considered classics, are always tricky, “Midnight’s Children” elicited a largely positive response. “I think Midnight’s Children is a pretty impossible book to make a film of, and this one is a fantastic effort,” said the Indian stage and film actor Gerson da Cunha after the screening. “I just hope that it works in India because, well, it is a difficult film.”

The performances by each of the actors drew wide praise from the audience, who clapped enthusiastically at the end of the film. “The search for identity as depicted by the actors was very touching,” said Dolly Thakore, a veteran theater actress.

“Midnight’s Children,” which had its worldwide premiere at the Toronto Film Festival in September, is opening in India in 250 theaters and 15 cities, a wider rollout than in Canada in November (120 screens) and in Britain in late December (180 screens). A release in the United States is slated for April.

Distributed in India by PVR Pictures, the film is opening across a “good number of screens,” said the company’s vice president of marketing, Arun Nair.

“As a nondubbed, nonaction film, it’s a big opening for an English film,” Mr. Nair added, noting in comparison that other similar English-language films, like last year’s “Killing Them Softly,” starring Brad Pitt, opened in only 75 screens. (Big-budget Hollywood movies, typically dubbed in local languages, open to much larger audiences. “The Amazing Spider-Man,” for example, opened in 1,250 screens while “The Avengers” opened in 1,100.)

While there was initially some uncertainty about the film finding a distributor in India, when PVR purchased the movie rights in October, Kamal Gianchandani, the company’s president, told Reuters that he was not expecting any trouble. “We don’t think the film is controversial,” he said.

Apart from the canceled Kolkata event, “Midnight’s Children” seems to have elicited a muted response from the public so far, which is surprising, considering Mr. Rushdie’s involvement and the book’s criticism of Indira Gandhi and her imposition of emergency powers in India between 1975 and 1977. Three years after the book was published, Mrs. Gandhi sued for defamation in Britain, over a single sentence that implied she was responsible for her husband’s death. The case was settled out of court, with Mr. Rushdie deleting the sentence.

The Congress Party, which reveres Mrs. Gandhi as an icon, has said nothing publicly. The film passed the censors without any cuts.

The movie was shot in Sri Lanka, somewhat secretly, said Ms. Mehta, who has been the target of protests by Hindu fundamentalists. “He’s got the Muslims, and I’ve got the Hindus,” she told the The Globe and Mail two years ago. Production was briefly interrupted because the Iranians protested, but was allowed to go ahead after the intervention of the Sri Lankan president. The filmmakers changed the title to “Winds of Change” for the remainder of the shoot.

A somewhat stealthy marketing strategy by PVR Pictures appears to have paid off for “Midnight’s Children,” which opened throughout the country Friday with little incident. “With Salman Rushdie, we did not want a repeat of Jaipur 2012,” said Mr. Nair.

“Controversies only create awareness for a film. What we were aiming for was ‘intent to watch,’ ” he said. “We avoided all controversy by keeping his plans in India under wraps. We targeted specific media, the six news channels and English-language press and specific cities.”

In Mumbai earlier this week, the venue for a promotional event for the movie was shifted from the Landmark bookstore at Infiniti Mall, in suburban Andheri, to south Mumbai’s National Center for the Performing Arts. Ashutosh Pandey, the chief operating officer of Landmark, said in a press release that the move was due to “security concerns.”

The new venue was the Little Theater, a 114-seater tucked inside the center’s compound, with plenty of police personnel and plainclothes officers in attendance. Anil Dharker, who heads Literature Live, a local literary festival, later said that he was asked to organize a new venue four days before the scheduled promotional gig. “I knew the N.C.P.A. would support it. I said, ‘We will keep it for people only I know.’ We sent out no invites.”

Mr. Rushdie may be the sharpest assessor of why “Midnight’s Children” appears to have avoided attracting the screaming hordes. Last March, he told a spellbound audience at a conclave organized by the news magazine India Today: “I have this theory that the Indian electorate is smarter than the politicians and sees through them. Yes, people can sometimes be whipped up, as they were by the religious extremists in Jaipur. But how many people? How big are these mobs? How representative are they? These attacks, whether upon my book or people’s films or plays or paintings or whatever, these are not things that come from the bottom up.”

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BlackBerry 10 installed base to reach 20 million in 2013, Windows Phone to reach 45 million

Despite showing clear promise and being a tremendous upgrade compared to earlier BlackBerry software, BlackBerry 10 didn’t receive the warmest welcome when it was unveiled earlier this week. At least one leading market research firm thinks BlackBerry (RIMM) has done enough to gain some good traction in 2013, however. ABI Research released new estimates this week projecting that the BlackBerry 10 installed base will reach 20 million by the end of 2013. The firm also says Microsoft’s (MSFT) Windows Phone platform, which struggled to garner interest in its early days, will see its installed base climb to 45 million by the end of the year.

[More from BGR: BlackBerry doesn’t need to catch up with Android and iOS overnight, it needs to live to fight another day]

“2013 should be seen as relative success for both Microsoft and BlackBerry,” ABI analyst Aapo Markkanen said. ”For the end of the year, we expect there to be 45 million Windows Phone handsets in use, with BlackBerry 10 holding an installed base of close to 20 million. Microsoft will also have 5.5 million Windows-powered tablets to show for it.”

[More from BGR: GS: Ignore the chatter, BlackBerry rebound is coming]

According to ABI, these figures will be “enough to keep developers interested” as the two companies battle for the No.3 spot in the smartphone war.

“The greatest fear for both Microsoft and BlackBerry is that the initial sales of their smartphones will disappoint and thereby kill off the developer interest, which then would effectively close the window of opportunity on further sales success. Our view is that the installed bases of this scale would be large enough to keep these two in the game,” Markkanen noted. ”It will definitely also help that both firms have actively kept the developers’ interest in mind while designing and rolling out their platforms.”

This article was originally published on BGR.com

Gadgets News Headlines – Yahoo! News

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Jenna Miscavige Hill Pens Revealing Scientology Book

02/01/2013 at 08:00 PM EST

Jenna Miscavige and her uncle David inset

Michael Murphree; Inset: Polaris

What was it like to grow up inside Sea Org, the Church of Scientology's most elite body?

In her memoir Beyond Belief, excerpted exclusively below, Jenna Miscavige Hill describes her experiences at the Ranch, a San Jacinto, Calif., boarding school for children of Scientology execs. The niece of church head David Miscavige, she was raised away from her parents, then worked within Sea Org until leaving Scientology in 2005.

Now living near San Diego, married to Dallas Hill and mom to their children Archie, 3, and Winnie, 10 months, she's telling her story, she says, to increase awareness about Scientology: "I realize every day how lucky I am to have gotten out." (When asked to comment on the book's portrayal of its members, the church stated they had not read the book but that "any allegations of neglect are blatantly false.")

Jenna's parents, Ron and Blythe Miscavige, high-ranking members of Sea Org, sent both Jenna and her older brother Justin to the Ranch. There, at age 7, in accordance with Scientologists' belief that they are "Thetans," or immortal spirits, Jenna signed a billion-year contract.

I tried to write my name in my best cursive, the way I'd been learning. I had goose bumps. Just like that, I committed my soul to a billion years of servitude to the Church of Scientology.

Sea Org was run like the Navy: Members wore uniforms and managed all aspects of the church. Married members couldn't have kids; those who already did sent them to be raised communally.

A Sea Org member was required to be on duty for at least 14 hours a day, seven days a week, with a break for an hour of 'family time.' I was too young to understand that seeing your parents only one hour a day was highly unusual.

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