Riccardo Muti a $2 million man for CSO









You can't put a price on genius. But when it comes in the form of a world-renowned maestro, the bill usually tops $1 million.


The Chicago Symphony Orchestra is no exception: Superstar conductor Riccardo Muti earned about $2.2 million in salary, performance fees, and recording and broadcast fees in 2011, his first full calendar year with the symphony, according to a CSO estimate provided to the Tribune this week -- the first time Muti's annual pay has been made public.


CSO Association President Deborah Rutter said Muti, who became CSO music director Sept. 1, 2010, "has brought to the CSO and Chicago a musical genius and charisma that has transformed the musical landscape of our city and the classical music world."





Contributions and ticket revenue reached all-time highs this year at the CSO.


"The musicians continue to be head over heels in love with their music director," Rutter said, "and we have seen that pride extend throughout the city."


Conductors' responsibilities vary widely from city to city and from conductor to conductor. For example, Muti's predecessor, Daniel Barenboim, earned $1.9 million in his last full tax year, 2005, but some of that payment was for work as a soloist. In addition to conducting the CSO, Barenboim, who left the CSO in June 2006, was also a renowned pianist.


San Francisco Symphony conductor Michael Tilson Thomas earned $2.41 million, and the Metropolitan Opera paid conductor James Levine $2.06 million in tax year 2010 (which lasts from mid-2010 to mid-2011). Orchestras in Boston, New York and Philadelphia also paid out more than $1 million to conductors that year.


Los Angeles Philharmonic conductor Gustavo Dudamel earned $985,363 in salary and benefits for tax year 2010, also his first full year.


Muti's contract runs through August 2015. When he missed five weeks of concerts in late 2010 and early 2011 due to illness, he continued to receive his music director salary but did not receive performance fees.


Oak Park-based arts consultant Drew McManus said Muti's pay is "entirely in line with comparable budget size orchestras."


McManus said that in an ideal situation the benefits of a good maestro more than pay for its cost, since "that artistic momentum will help ticket sales, donations, and — especially important for an orchestra of the CSO's size — (attract) national sponsors."


Whether that happens, he said, is "the $2 million dollar question, and it really depends on each individual group."


Rutter said Muti's arrival "has bolstered earned and contributed revenues for the CSO."


Like many orchestras around the country, the CSO faces some financial difficulties, including two straight years of operating losses and a 48-hour musician strike in September.


The current base salary for CSO musicians is $145,860, a spokeswoman said. Principals can make well over $200,000 with benefits, tax forms show.


Muti's job entails conducting 10 weeks of subscription concerts per year (about one third of the CSO's season) as well as domestic and international tours. His compensation includes performance fees paid for all such appearances. (Conducting the CSO at Ravinia is not part of his job.)


The maestro also participates in auditions and appointments to the orchestra and in "community engagement programs," according to a CSO statement, and he is responsible for programming decisions and "the overall artistic vision for the institution." A spokeswoman noted that Muti donates his performance fees for two concerts per year back to the CSO.


Tribune Newspapers' Mike Boehm contributed.


hgillers@tribune.com


Twitter @hgillers





Read More..

Palm Springs Fest gives Robert Zemeckis’ awards campaign a boost












LOS ANGELES (TheWrap.com) – Robert Zemeckis has been named Director of the Year by the Palm Springs International Film Festival, making the “Flight” director the latest awards hopeful to be honored by one of the two big January film festivals that double as campaign stops on the awards circuit.


The announcement by Palm Springs organizers came one day after the Santa Barbara Film Festival declared “Silver Linings Playbook” star Jennifer Lawrence the Outstanding Performer of the Year.












Palm Springs holds its awards gala on the first Saturday of the new year, which this year falls on January 5, two days after Oscar polls close. Santa Barbara spreads out its awards over a two-week period in late January, after Oscar nominations are announced but before final voting begins.


Both festivals jockey to assemble lineups of probable Oscar nominees, and both are lobbied by Oscar campaigners as they make their selections. The two festivals try to stagger their announcements so as not to compete with each other.


Besides Zemeckis’ award, Palm Springs has announced that it will honor Naomi Watts with the Desert Palm Achievement Award for Acting and Helen Hunt with the Spotlight Award.


In addition to Lawrence, Santa Barbara will give its Modern Master Award to Ben Affleck. Robert De Niro will receive the festival’s Kirk Douglas Award for Excellence in Film, an honor that is presented at a separate black-tie event in December rather than during the festival.


Movies News Headlines – Yahoo! News


Read More..

Medicare Is Faulted in Electronic Medical Records Conversion





The conversion to electronic medical records — a critical piece of the Obama administration’s plan for health care reform — is “vulnerable” to fraud and abuse because of the failure of Medicare officials to develop appropriate safeguards, according to a sharply critical report to be issued Thursday by federal investigators.







Mike Spencer/Wilmington Star-News, via Associated Press

Celeste Stephens, a nurse, leads a session on electronic records at New Hanover Regional Medical Center in Wilmington, N.C.







Centers for Medicare and Medicaid Services

Marilyn Tavenner, acting administrator for Medicare.






The use of electronic medical records has been central to the aim of overhauling health care in America. Advocates contend that electronic records systems will improve patient care and lower costs through better coordination of medical services, and the Obama administration is spending billions of dollars to encourage doctors and hospitals to switch to electronic records to track patient care.


But the report says Medicare, which is charged with managing the incentive program that encourages the adoption of electronic records, has failed to put in place adequate safeguards to ensure that information being provided by hospitals and doctors about their electronic records systems is accurate. To qualify for the incentive payments, doctors and hospitals must demonstrate that the systems lead to better patient care, meeting a so-called meaningful use standard by, for example, checking for harmful drug interactions.


Medicare “faces obstacles” in overseeing the electronic records incentive program “that leave the program vulnerable to paying incentives to professionals and hospitals that do not fully meet the meaningful use requirements,” the investigators concluded. The report was prepared by the Office of Inspector General for the Department of Health and Human Services, which oversees Medicare.


The investigators contrasted the looser management of the incentive program with the agency’s pledge to more closely monitor Medicare payments of medical claims. Medicare officials have indicated that the agency intends to move away from a “pay and chase” model, in which it tried to get back any money it has paid in error, to one in which it focuses on trying to avoid making unjustified payments in the first place.


Late Wednesday, a Medicare spokesman said in a statement: “Protecting taxpayer dollars is our top priority and we have implemented aggressive procedures to hold providers accountable. Making a false claim is a serious offense with serious consequences and we believe the overwhelming majority of doctors and hospitals take seriously their responsibility to honestly report their performance.”


The government’s investment in electronic records was authorized under the broader stimulus package passed in 2009. Medicare expects to spend nearly $7 billion over five years as a way of inducing doctors and hospitals to adopt and use electronic records. So far, the report said, the agency has paid 74, 317 health professionals and 1,333 hospitals. By attesting that they meet the criteria established under the program, a doctor can receive as much as $44,000 for adopting electronic records, while a hospital could be paid as much as $2 million in the first year of its adoption. The inspector general’s report follows earlier concerns among regulators and others over whether doctors and hospitals are using electronic records inappropriately to charge more for services, as reported by The New York Times last September, and is likely to fuel the debate over the government’s efforts to promote electronic records. Critics say the push for electronic records may be resulting in higher Medicare spending with little in the way of improvement in patients’ health. Thursday’s report did not address patient care.


Even those within the industry say the speed with which systems are being developed and adopted by hospitals and doctors has led to a lack of clarity over how the records should be used and concerns about their overall accuracy.


“We’ve gone from the horse and buggy to the Model T, and we don’t know the rules of the road. Now we’ve had a big car pileup,” said Lynne Thomas Gordon, the chief executive of the American Health Information Management Association, a trade group in Chicago. The association, which contends more study is needed to determine whether hospitals and doctors actually are abusing electronic records to increase their payments, says it supports more clarity.


Although there is little disagreement over the potential benefits of electronic records in reducing duplicative tests and avoiding medical errors, critics increasingly argue that the federal government has not devoted enough time or resources to making certain the money it is investing is being well spent.


House Republicans echoed these concerns in early October in a letter to Kathleen Sebelius, secretary of health and human services. Citing the Times article, they called for suspending the incentive program until concerns about standardization had been resolved. “The top House policy makers on health care are concerned that H.H.S. is squandering taxpayer dollars by asking little of providers in return for incentive payments,” said a statement issued at the same time by the Republicans, who are likely to seize on the latest inspector general report as further evidence of lax oversight. Republicans have said they will continue to monitor the program.


In her letter in response, which has not been made public, Ms. Sebelius dismissed the idea of suspending the incentive program, arguing that it “would be profoundly unfair to the hospitals and eligible professionals that have invested billions of dollars and devoted countless hours of work to purchase and install systems and educate staff.” She said Medicare was trying to determine whether electronic records had been used in any fraudulent billing but she insisted that the current efforts to certify the systems and address the concerns raised by the Republicans and others were adequate.


Read More..

Starbucks sells $7-a-cup coffee

Starbucks serves up $7 cup of coffee. (Source: WPIX - New York)









Coffee aficionados have a difficult decision to make: Spend $7 on a full lunch or on a single cup of Starbucks coffee?

The brew in question: The Seattle giant’s new Costa Rica Finca Palmilera, its most expensive offering ever and also one of its rarest. The coffee is part of the company’s Reserve line and costs $7 for a grande cup.






An 8-ounce package costs $40. The uber-premium beans and brew are available only in 46 Starbucks stores in Portland and Seattle, as well as a licensed store in Idaho and Starbucks’ Roy Street Coffee & Tea offshoot in Washington.

There are more than 11,000 Starbucks stores nationwide.

Online, Starbucks has already sold out of a similar offering – the Costa Rica Tarrazu Geisha, listed on the website as having “rose petal aromas with ripe banana and subtle red current notes and silky mouth feel." The 450 half-pound bags of beans available were snapped up within 24 hours of being offered Nov. 8.

Both kind of beans are known as Geisha heirloom varietals, named for the village in Ethiopia where they were first discovered before making their way to Central America in the 1950s.

Starbucks justifies the high price by explaining that Geisha plants don’t produce many cherries, making the beans extremely rare and also full of concentrated flavor. This is the company’s first go-round with Geisha beans.

Now Starbucks is working through 3,800 pounds of Finca Palmilera beans, which feature notes of white peach and pineapple, spokeswoman Alisa Martinez said.

“It leaves a tingly, kind of light feeling,” she said. “It’s a very exquisite coffee.”

But try telling that to the consumers pranked by comedian Jimmy Kimmel this week, who set up a fake taste test in Hollywood asking people to distinguish between standard coffee and what was supposedly the “Finca Palmilera” brew. Turns out, both cups contained the same basic Joe.

“I feel like this is a test to find out just how stupid we are,” Kimmel said on his show. “Although, while it’s ridiculous to spend $7 on a cup of coffee, it’s actually not that much more ridiculous to spend $4 on a cup of coffee.”

Read More..

Powerball sales 'blistering' as jackpot hits $500 million









The Illinois Lottery says Powerball tickets are selling at a "blistering" pace as the jackpot reached $500 million.


Over a 30-minute period around the middle of the day Tuesday, the Illinois Lottery sold more than $200,000 in Powerball tickets across the state.


Lottery officials expected the pace of sales to increase even more ahead of tonight's drawing for the largest jackpot in Powerball history.











A $656 million Mega Millions jackpot set a world lottery record in March. That prize was split three ways. One of the winning tickets was held by Merle and Patricia Butler of Red Bud in southern Illinois. The retired couple took home nearly $119 million.


Powerball has not had a winner for two months, and the pot has already grown by nearly $175 million due to brisk ticket sales after no one won the top prize in Saturday's drawing.


The next drawing for the prize on Wednesday night would dish out a whopping $327.4 million and counting if paid as a lump sum. Alternatively, the $500 million can be paid out in an annuity over three decades.Powerball is sold in 42 states,Washington, D.C., and the U.S. Virgin Islands.


There have been nearly 300 jackpot winners over the past 20 years, taking home payouts of over $11.6 billion.


Among dreamers across the nation lining up at an Arizona grocery store in Tucson for a shot at Wednesday's prize was metal shop worker Errol Simmons, 54, entrusted with a list of lucky numbers by a dozen or so co-workers.


"I've got to get this right," he said as he checked through the list. "I don't want to be the guy who lost us half a billion dollars because I couldn't count.


"If we win, I'll buy a new truck," he said. "For each day of the week."


Looking sharp in a blue pin striped suit, Portland, Oregon, financial adviser Aaron Pearson, 36, said he was taking care to pick his own numbers for the first time - although he was unsure what he would do with the huge jackpot should he win.


"I have no idea. I'd invest it and live off of it. I'd give to charities. I'd start a foundation," he mused.


The chance of winning the jackpot are about one in 175 million, compared to about one in 280,000 for being struck by lightning.


Despite the long odds, the record payout has drawn interest from around the world, said Mary Neubauer, a spokeswoman for the Iowa Lottery, where Powerball is based. Lottery officials have received calls and emails from people outside the United States asking if they can buy a ticket from afar. They cannot.


"Sales across the country are just through the roof. It means lots of people are having fun with this, but it makes it difficult to keep up with the (jackpot) estimate."


The previous top Powerball prize of $365 million was won in 2006 by ConAgra slaughterhouse workers in Nebraska.


Associated Press and Reuters contributed



Read More..

Van Gogh, John Lennon letters coming to NY auction












NEW YORK (AP) — An upcoming auction of over 300 historical documents includes rare letters written by Vincent van Gogh, George Washington, John Lennon and other iconic figures.


The property of an anonymous American collector is being offered by Profiles in History in an online and phone auction on Dec. 18.












Among the highlights is a two-page letter from Washington to an Anglican clergyman.


Another top item is a signed van Gogh letter, written in 1890, to Joseph and Marie Ginoux, who were proprietors of the Cafe de la Gare in Arles, France, where the Dutch post-impressionist artist lived for a time.


Each of those letters is estimated to bring $ 200,000 to $ 300,000.


A handwritten letter from John Lennon to Eric Clapton has a pre-sale estimate of $ 20,000 to $ 30,000.


The collection will be exhibited Dec. 3-9 at Douglas Elliman’s Madison Avenue art gallery.


Washington‘s letter was written on Aug. 15, 1798, to the Rev. Jonathan Boucher, amid an undeclared naval war with France. Washington thanks Boucher for sending him his “View of the Causes and Consequences of the American Revolution,” a book of 13 discourses Boucher preached.


“Peace, with all the world is my sincere wish, I am sure it is our true policy — and am persuaded it is the ardent desire of the Government,” the former president and Founding Father wrote.


In a Jan. 20, 1890, four-page letter, handwritten in French to his friends Monsieur and Madame Ginoux, van Gogh wishes the ailing proprietress a speedy recovery.


“Illnesses are there to make us remember again that we are not made of wood,” the artist wrote. “That’s what seems the good side of all this to me. Then afterwards one goes back to one’s everyday work less fearful of the annoyances, with a new store of serenity.” Van Gogh died less than seven months later.


He suffered from acute anxiety and bouts of depression throughout his life. Madame Ginoux and the cafe were frequent subjects of his work.


The eight-page letter from Lennon is a draft he wrote to Clapton on Sept. 29, 1971, and signed “John and Yoko.” The whereabouts of the final version is unknown.


Lennon writes candidly about his admiration for the great British guitarist and suggests forming a “‘nucleus’ group (Plastic Ono Band) . — and of course had YOU!!! In mind as soon as we decided.” He writes that drummer Jim Kelnter, artist Klaus Voormann, pianist Nicky Hopkins and producer Phil Spector “all agreed so far” to join.


“Anyway, the point is, after missing the Bangla-Desh concert, we began to feel more and more like going on the road, but not the way I used with the Beatles — night after night of torture. We mean to enjoy ourselves, take it easy, and maybe even see some of the places we go to! We have many ‘revolutionary’ ideas for presenting shows that completely involve the audience .”


Other luminaries whose papers will be sold include Lou Gehrig, Louis Pasteur, Sigmund Freud, Charles Darwin, Marie Curie, Giuseppe Verdi, Peter Tchaikovsky, Cole Porter, King Henry II and Napoleon I.


The December auction is the first of several sales that will be held over two years. The entire collection contains 3,000 items.


__


Online:


Information on how to bid is available on www.profilesinhistory.com.


Entertainment News Headlines – Yahoo! News


Read More..

The New Old Age Blog: Doctor's Orders? Another Test

It is no longer news that Americans, and older Americans in particular, get more routine screening tests than they need, more than are useful. Prostate tests for men over 75, annual Pap smears for women over 65 and colonoscopies for anyone over 75 — all are overused, large-scale studies have shown.

Now it appears that many older patients are also subjected to too-frequent use of the other kind of testing, diagnostic tests.

The difference, in brief: Screening tests are performed on people who are asymptomatic, who aren’t complaining of a health problem, as a way to detect incipient disease. We have heard for years that it is best to “catch it early” — “it” frequently being cancer — and though that turns out to be only sometimes true, we and our doctors often ignore medical guidelines and ongoing campaigns to limit and target screening tests.

Diagnostic tests, on the other hand, are meant to help doctors evaluate some symptom or problem. “You’re trying to figure out what’s wrong,” explained Gilbert Welch, a veteran researcher at the Dartmouth Institute for Health Policy and Clinical Practice.

For these tests, medical groups and task forces offer many fewer guidelines on who should get them and how often — there is not much evidence to go on — but there is general agreement that they are not intended for routine surveillance.

But a study using a random 5 percent sample of Medicare beneficiaries — nearly 750,000 of them — suggests that often, that is what’s happening.

“It begins to look like some of these tests are being routinely repeated, and it’s worrisome,” said Dr. Welch, lead author of the study just published in The Archives of Internal Medicine. “Some physicians are just doing them every year.”

He is talking about tests like echocardiography, or a sonogram of the heart. More than a quarter of the sample (28.5 percent) underwent this test between 2004 and 2006, and more than half of those patients (55 percent) had a repeat echocardiogram within three years, most commonly within a year of the first.

Other common tests were frequently repeated as well. Of patients who underwent an imaging stress test, using a treadmill or stationery bike (or receiving a drug) to make the heart work harder, nearly 44 percent had a repeat test within three years. So did about half of those undergoing pulmonary function tests and chest tomography, a CAT scan of the chest.

Cytoscopy (a procedure in which a viewing tube is inserted into the bladder) was repeated for about 41 percent of the patients, and endoscopy (a swallowed tube enters the esophagus and stomach) for more than a third.

Is this too much testing? Without evidence of how much it harms or helps patients, it is hard to say — but the researchers were startled by the extent of repetition. “It’s inconceivable that it’s all important,” Dr. Welch said. “Unfortunately, it looks like it’s important for doctors.”

The evidence for that? The study revealed big geographic differences in diagnostic testing. Looking at the country’s 50 largest metropolitan areas, it found that nearly half the sample’s patients in Miami had an echocardiogram between 2004 and 2006, and two thirds of them had another echocardiogram within three years — the highest rate in the nation.

In fact, for the six tests the study included, five were performed and repeated most often in Florida cities: Miami, Jacksonville and Orlando. “They’re heavily populated by physicians and they have a long history of being at the top of the list” of areas that do a lot of medical procedures and hospitalizations, Dr. Welch said.

But in Portland, Ore., where “the physician culture is very different,” only 17.5 percent of patients had an echocardiogram. The places most prone to testing were also the places with high rates of repeat testing. Portland, San Francisco and Sacramento had the lowest rates.

We often don’t think of tests as having a downside, but they do. “This is the way whole cascades can start that are hard to stop,” Dr. Welch said. “The more we subject ourselves, the more likely some abnormality shows up that may require more testing, some of which has unwanted consequences.”

Properly used, of course, diagnostic tests can provide crucial information for sick people. “But used without a good indication, they can stir up a hornet’s nest,” he said. And of course they cost Medicare a bundle.

An accompanying commentary, sounding distinctly exasperated, pointed out that efforts to restrain overtesting and overtreatment have continued for decades. The commentary called it “discouraging to contemplate fresh evidence by Welch et al of our failure to curb waste of health care resources.”

It is hard for laypeople to know when tests make sense, but clearly we need to keep track of those we and our family members have. That way, if the cardiologist suggests another echocardiogram, we can at least ask a few pointed questions:

“My father just had one six months ago. Is it necessary to have another so soon? What information do you hope to gain that you didn’t have last time? Will the results change the way we manage his condition?”

Questions are always a good idea. Especially in Florida.

Paula Span is the author of “When the Time Comes: Families With Aging Parents Share Their Struggles and Solutions.”

Read More..

Grim forecast for U.S., global recovery









WASHINGTON — In a grim new forecast, a leading international economic group sharply cut its outlook for U.S. and global growth next year and warned that the debt crisis in Europe and fiscal policy risks in America could plunge the world back into recession.


As it stands now, the industrialized world is looking at a muted and uneven recovery over the next two years, according to the Organization for Economic Cooperation and Development.


The Paris-based OECD projected gross domestic product across its 34 member nations — which include the U.S., Japan and the 17-nation Eurozone — to grow a sluggish 1.4% next year. That is down from 2.2% that the group had forecasted six months earlier.





Growth prospects in the U.S. also were slashed for next year. Experts at the OECD now see inflation-adjusted GDP, the broadest measure of economic activity, rising 2% next year in the U.S., roughly equivalent to this year and down from its earlier forecast of an increase of 2.6%.


The new projections are all the more sobering in that they are based on assumptions that Europe's debt crisis won't get much worse and that the U.S. won't go over the so-called fiscal cliff — a combination of more than $500 billion in automatic tax hikes and federal spending cuts slated to begin at the start of next year.


Quiz: How much do you know about the 'fiscal cliff'?


"If key adverse risks cannot be averted, and especially if the Eurozone crisis were to intensify significantly, the likely outcome would be considerably weaker, potentially plunging the global economy into deep recession and deflation, with large additional rises in unemployment," the OECD said.


The report, released Tuesday, is on the pessimistic side.


Although economists widely agree on the recession risks in the event that the U.S. isn't able to solve the fiscal impasse, a number of experts now say that the U.S. and global economies could see considerably stronger growth next year if Washington can reach agreement on tax and spending policies that avoid a big fiscal contraction in 2013.


"The economy in the U.S. is really poised to grow," said Bernard Baumohl, chief global economist at the Economic Outlook Group, noting that GDP growth in the U.S. could surge to a solid 3.5% or higher next year if the budget issues are resolved.


The latest forecast from the Federal Reserve, compiled in mid-September, sees U.S. GDP increasing 2.5% to 3% next year.


Baumohl's reasons for greater optimism include a recovering housing market, improving job growth and healthier personal finances, all of which should help drive stronger consumer spending.


Total consumer debt, which has fallen for four years, dropped by $74 billion to $11.31 trillion in the third quarter from the previous quarter, and it is now down $1.37 trillion from the peak in September 2008, according to a report Tuesday from the New York Fed.


Reflecting these trends, the Conference Board said Tuesday that its latest survey showed consumer confidence at its highest level since early 2008, results similar to a survey by the University of Michigan.


American business sentiments, however, have been more cautious of late, and many companies have held back on making investments in recent months. But banks are generally in good shape, and big companies are sitting on mountains of cash and are expected to ramp up investments once the fiscal and tax pictures become clearer.


The OECD report nodded to these factors, but noted that the global recovery slowed markedly over the last year amid faltering confidence and weakening world trade, in part because of problems in the Eurozone, which contributed to an unexpectedly strong slowdown in developing countries such as China.


The 17-nation Eurozone will probably remain in recession well into next year, the OECD said.


Meanwhile, Japan, the world's third-largest economy, has fallen back into a downturn after a growth spurt last year aided by massive reconstruction spending following the earthquake and tsunami in March 2011. The Japanese economy is expected to move at a lumbering pace over the next two years.


The outlook for China, Brazil and India — three of the biggest developing economies, none of which is a member of the OECD — looks comparatively brighter:  Growth will probably accelerate next year and in 2014, with China, the world's second-largest economy, again leading the pack.


The OECD forecast sees China's GDP expanding 8.5% next year and nearly 9% in 2014 after slowing this year to about 7.5%.


Although far from immune from the troubles in the U.S. and Europe, which still account for much of the global demand for goods, China and other major emerging economies have more wherewithal to boost growth than their more-indebted developed counterparts by ramping up government spending and lowering interest rates.


The report notes that spending cuts throughout OECD member countries have taken a toll on economic growth, particularly in the Eurozone, where GDP growth for next year was slashed to -0.1% from a positive rate of 0.9%.


Many developed countries are now struggling with financial and economic challenges related to an aging population, large public debts and high unemployment.


Assuming Europe's debt crisis stabilizes, the Eurozone is forecast to recover in 2014. For OECD countries overall, GDP growth is projected to pick up in 2014 to 2.3%.


The U.S. economy is expected to outperform most other OECD nations in 2014, with its GDP stepping up to a more sturdy growth of 2.8%. That compares with the Fed's forecast of 3% to 3.8% growth in 2014.


Either way, U.S. economic growth isn't likely to come close to keeping up with the rapid advance of developing countries, notably China.


Last year, the U.S. accounted for 23% of the global economy, with the Eurozone and China tied for second, each with a 17% share each.


But by 2030, the OECD estimates, China's share of the global economy will rise to 28%, while the U.S. will slip to No. 2 with 18% of world GDP, and the Eurozone's share will fall to 12%.


don.lee@latimes.com





Read More..

'This is somebody's child killing another child': activist

Police are searching for a man who killed a 15-year-old girl on the South Side.The shooting happened on the 6900 block of South Campbell Avenue around 9:15 p.m. Monday.









A high school sophomore studying to be an architect was shot to death Monday night as she stood with friends in a backyard in the Chicago Lawn neighborhood on the Southwest Side, police said.

Fifteen-year-old Porshe Foster was standing with two other teens, 16 and 18, when someone walked up and opened fire around 9:20 p.m. Monday in the 6900 block of South Campbell Avenue, according to police News Affairs Officer Hector Alfaro, citing preliminary information.

Porshe was struck in the back and was taken to Advocate Christ Medical Center in critical condition, said Chicago Fire Department spokesman Larry Langford. She was pronounced dead there at 10:06 p.m., according to the Cook County medical examiner's office.

Police said the shooting apparently was gang-related but that Porshe did not appear to be the intended target. A red vehicle was seen driving around the block several times before the shooting, but authorities have not determined whether it was related to the shooting, police said.

No suspects were in custody this morning.


Along with the two male teens, Foster was also with her best friend at the time of the shooting, said her mother, Bonita Foster, in an interview Tuesday morning.


She briefly remained conscious after the shooting and made it inside a nearby home before collapsing, her best friend told Bonita Foster.








After learning of the shooting when Porshe's best friend called Monday night, Bonita Foster rushed to Advocate Christ, but her daughter was pronounced dead shortly after.


Foster was a sophomore at Ace Technical Charter High School, where she played basketball and volleyball and was studying to be an architect, her mother said.


She leaves behind her parents, five older sisters and an older brother.


Bonita Foster asked for prayers for her family, and she urged anyone with information about the shooting to talk with the police.

“This thing has to be stopped,” she said. “It’s foolishness. The only thing that was accomplished is that you just ripped our hearts out of our chests. And for what?”


Community activist Andrew Holmes, who talked to the girl's family at the hospital, said the girl was with friends at the time of the shooting.

"They were in the backyard there, socializing there, and this individual came up, discharged the weapon, and the bullet struck here," Holmes said.

He said Porshe's mother has four other daughters "but this is the baby daughter. I spoke with the family this morning and it's real tough. . .This is somebody's child killing another child."

Anybody that knows any information, just turn this information over," Holmes said. "Someone that was in that crew knows who fired and discharged that weapons and took that young lady's life."



WGN-TV contributed


asege@tribune.com

Twitter: @AdamSege





Read More..

New Zealand becomes Middle Earth as Hobbit mania takes hold












WELLINGTON (Reuters) – New Zealand‘s capital city was rushing to complete its transformation into a haven for hairy feet and pointed ears on Tuesday as stars jetted in for the long-awaited world premiere of the first movie of the Hobbit trilogy.


Wellington, where director Peter Jackson and much of the post production is based, has renamed itself “the Middle of Middle Earth“, as fans held costume parties and city workers prepared to lay 500 m (550 yards) of red carpet.












A specially Hobbit-decorated Air New Zealand jet brought in cast, crew and studio officials for the premiere.


Jackson, a one-time printer at a local newspaper and a hometown hero, said he was still editing the final version of the “Hobbit, an Unexpected Journey” ahead of Wednesday’s premiere screening.


The Hobbit movies are based on J.R.R. Tolkien’s book and tell the story that leads up to his epic fantasy “The Lord of the Rings“, which Jackson made into three Oscar-winning films about 10 years ago.


It is set 60 years before “The Lord of The Rings” and was originally planned as only two movies before it was decided that there was enough material to justify a third.


New Zealand fans were getting ready to claim the best spots to see the film’s stars, including British actor Martin Freeman, who plays the Hobbit Bilbo Baggins, Hugo Weaving, Cate Blanchett, and Elijah Wood.


“It’s been a 10-year wait for these movies, New Zealand is Tolkien’s spiritual home, so there’s no way we’re going to miss out,” said office worker Alan Craig, a self-confessed Lord of the Rings “nut”.


The production has been at the centre of several controversies, including a dispute with unions in 2010 over labor contracts that resulted in the government stepping in to change employment laws, and giving Warner Brothers increased incentives to keep the production in New Zealand.


The Hobbit did come very close to not being filmed here,” Jackson told Radio New Zealand.


He said Warners had sent scouts to Britain to look at possible locations and also matched parts of the script to shots of the Scottish Highlands and English forests.


“That was to convince us we could easily go over there and shoot the film … and I would have had to gone over there to do it but I was desperately fighting to have it stay here,” Jackson said.


Last week, an animal rights group said more than 20 animals, including horses, pigs and chickens, had been killed during the making of the film. Jackson has said some animals used in the film died on the farm where they were being housed, but that none had been hurt during filming.


The films are also notable for being the first filmed at 48 frames per second (fps), compared with the 24 fps that has been the industry standard since the 1920s.


The second film “The Hobbit: The Desolation of Smaug” will be released in December next year, with the third “The Hobbit: There and Back Again” due in mid-July 2014.


(Editing by Paul Tait)


Movies News Headlines – Yahoo! News


Read More..