Nokia Siemens to close German services unit: sources


FRANKFURT/HELSINKI (Reuters) - Nokia Siemens Networks' (NSN) German services unit faces closure and 1,000 jobs are at risk as Nokia and Siemens shake up the joint venture, two sources said.


One of the people familiar with the situation said the closure would be effective by the end of 2013 and will be announced on Wednesday during a meeting at which workers will be told a crucial contract with Deutsche Telekom will not be extended.


The Mobile telecoms equipment joint venture is cutting costs and plans to shed a quarter of its staff and sell product lines to focus on mobile broadband. The program is expected to yield about 1 billion euros ($1.31 billion) in cost savings by the end of next year.


The telecoms equipment market is going through tough times with stiff competition from Chinese peers Huawei and ZTE as the major telecoms operators postpone investments, faced with shrinking markets due to the weak economy.


France's Alcatel-Lucent has also said it will cut costs and jobs to survive stiff competition and weak demand.


NSN Services Gmbh, which generates under 100 million euros in annual sales and employs about 1,000 people, provides network operations and management services and also includes Vodafone among its customers.


Deutsche Telekom sold the unit to NSN five years ago, when the two companies also agreed on a 300 million euro services contract that now will not be renewed, according to the sources.


NSN, which declined to comment, has said such services, often provided on older overhead cable networks, are not considered core operations, and it exited a similar business in Brazil earlier this year.


Verdi union representative Mike Doeding said that a meeting to update workers about next year's plans was scheduled for Wednesday, adding he had no idea about what message to expect from management.


"If they are to close the unit it would be an outrage," Doeding said.


Deutsche Telekom referred requests for comment to NSN.


On Monday, NSN said it was selling its optical fiber unit to Marlin Equity Partners, resulting in the transfer of up to 1,900 employees, mainly in Germany and Portugal.


NSN had 60,600 employees at the end of the third quarter.


($1 = 0.7650 euros)


(Reporting by Harro ten Wolde and Maria Sheahan in Frankfurt, Tarmo Virki and Terhi Kinnunen in Helsinki; Editing by Louise Heavens and Hans-Juergen Peters)



Read More..

Chiefs had given counseling to Belcher, girlfriend


KANSAS CITY, Mo. (AP) — Kansas City Chiefs officials knew that linebacker Jovan Belcher and his girlfriend were having relationship problems, and the team provided the couple with counseling in an effort to help, a police official said.


Belcher fatally shot Kasandra Perkins, 22, at their Kansas City home Saturday before shooting himself in the head in the Arrowhead Stadium parking lot in front of team officials who were trying to stop him, including general manager Scott Pioli and head coach Romeo Crennel.


Police Sgt. Richard Sharp told The Kansas City Star for a Tuesday story (http://bit.ly/SDwg9m ) that the couple had been arguing over relationship and financial issues for months and that the team had been "bending over backward" trying to help them. Sharp didn't specify how long the couple had been undergoing counseling.


When Belcher arrived at Arrowhead on Saturday, he encountered Pioli in the parking lot and told him the assistance the team had offered hadn't fixed the couple's problems and now "it was too late," police told The Star.


Pioli tried to persuade Belcher to put down his gun as Crennel and linebackers coach Gary Gibbs arrived at the scene.


Belcher thanked the men for everything the team had done for him and asked if Pioli and team owner Clark Hunt would take care of his daughter, The Star reported.


After that, Belcher reportedly said, "Guys, I have to do this."


"I was trying to get him to understand that life is not over," Crennel said Monday. "He still has a chance and let's get this worked out."


When Belcher heard police sirens approaching, he knelt behind a vehicle and shot himself in the head.


Investigators believe Belcher killed himself because he was distraught over shooting Perkins, Sharp said.


"He cared about her," Sharp said. "I don't think he could live with himself."


The night before the killings, Perkins had attended a concert downtown with friends and Belcher had been out at the Power and Light District, police said, while Belcher's mother was watching their 3-month-old baby. Detectives don't know exactly what the couple was arguing about but The Star reported that Belcher was upset that Perkins had stayed out so late.


Autopsies with toxicology tests were performed on both bodies but it could be weeks before results are known, police said.


Police spokesman Darin Snapp said Monday that Belcher's mother was given temporary custody of the couple's daughter.


Read More..

CDC says US flu season starts early, could be bad


NEW YORK (AP) — Flu season in the U.S. is off to its earliest start in nearly a decade — and it could be a bad one.


Health officials on Monday said suspected flu cases have jumped in five Southern states, and the primary strain circulating tends to make people sicker than other types. It is particularly hard on the elderly.


"It looks like it's shaping up to be a bad flu season, but only time will tell," said Dr. Thomas Frieden, director of the Centers for Disease Control and Prevention.


The good news is that the nation seems fairly well prepared, Frieden said. More than a third of Americans have been vaccinated, and the vaccine formulated for this year is well-matched to the strains of the virus seen so far, CDC officials said.


Higher-than-normal reports of flu have come in from Alabama, Louisiana, Mississippi, Tennessee and Texas. An uptick like this usually doesn't happen until after Christmas. Flu-related hospitalizations are also rising earlier than usual, and there have already been two deaths in children.


Hospitals and urgent care centers in northern Alabama have been bustling. "Fortunately, the cases have been relatively mild," said Dr. Henry Wang, an emergency medicine physician at the University of Alabama at Birmingham.


Parts of Georgia have seen a boom in traffic, too. It's not clear why the flu is showing up so early, or how long it will stay.


"My advice is: Get the vaccine now," said Dr. James Steinberg, an Emory University infectious diseases specialist in Atlanta.


The last time a conventional flu season started this early was the winter of 2003-04, which proved to be one of the most lethal seasons in the past 35 years, with more than 48,000 deaths. The dominant type of flu back then was the same one seen this year.


One key difference between then and now: In 2003-04, the vaccine was poorly matched to the predominant flu strain. Also, there's more vaccine now, and vaccination rates have risen for the general public and for key groups such as pregnant women and health care workers.


An estimated 112 million Americans have been vaccinated so far, the CDC said. Flu vaccinations are recommended for everyone 6 months or older.


On average, about 24,000 Americans die each flu season, according to the CDC.


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


A strain of swine flu that hit in 2009 caused a wave of cases in the spring and then again in the early fall. But that was considered a unique type of flu, distinct from the conventional strains that circulate every year.


__


Online:


CDC: http://www.cdc.gov/flu/weekly


Read More..

Royal pregnancy highlights succession issues


LONDON (AP) — The business of monarchy has always been stacked in favor of men. Not any more — or so the British government promises.


The first child of Prince William and his wife Kate will be born a king or a queen in waiting, under changes to succession rules designed to overturn centuries of tradition and give royal daughters the same rights as sons.


Deputy Prime Minister Nick Clegg pledged Tuesday that the law on succession would be changed at the "earliest opportunity." He said "whether the baby is a boy or a girl, they will have an equal claim to the throne."


"Born to rule, be it a boy or a girl" proclaimed the Daily Mail, which noted that the baby had "already made royal and constitutional history" even before it is born.


Not so fast, caution others.


A royal saga needs a touch of uncertainty, and experts point out that despite politicians' promises, the law giving males primacy in succession has not yet been changed — and the clock is ticking.


"We know that the wishes of politicians are written in water," said royal historian Robert Lacey. "Law only becomes law when the law is made — and the law has not been made."


Meanwhile, the Duchess of Cambridge — the former Kate Middleton — was "continuing to feel better" Tuesday as she spent a second day in a London hospital being treated for acute morning sickness, St. James's Palace said. Photographers and camera crews from around the world camped outside, eager for news on the royal pregnancy. Officials said earlier the duchess was not yet 12 weeks pregnant.


Congratulations poured in from around the world at the good news, which follows Kate and William's lavish royal wedding in 2011 and Queen Elizabeth II's Diamond Jubilee celebrations this year.


Officials say Kate and William's baby will displace Prince Harry, William's younger brother, as third in line to the throne — and the child will stay there, even if she is a princess who later acquires a younger brother.


For centuries, preference was given to male heirs, so a first-born princess would be leapfrogged in the succession by a younger brother. As a result, there have been some 40 kings of England since the Norman Conquest in 1066, but only seven queens.


Last year, the leaders of Britain and the 15 former colonies that have the queen as their head of state informally agreed to establish new rules giving female children equal status with males in the order of succession — something that will require legal changes in each country.


"Put simply, if the Duke and Duchess of Cambridge were to have a little girl, that girl would one day be our queen," Prime Minister David Cameron said at the time.


Months passed with little progress. But the prospect of a royal birth next year seems to have focused political minds, at least somewhat: Clegg announced Tuesday that all 16 nations had now formally agreed to change their laws.


Clegg also said a Succession to the Crown Bill would be introduced in Britain's House of Commons as soon as the parliamentary schedule permits.


"Notwithstanding a few parliamentary turns of the wheel, this is now going to happen," Clegg said, adding that "the old-fashioned rules ... have been swept aside."


In Britain, implementing the new rule means changing bits of several key constitutional documents, including the Bill of Rights and Coronation Oath Act of 1688, the 1701 Act of Settlement and the 1706 Act of Union with Scotland.


Lacey said if it is not done by the time the baby is born, uncertainty is bound to remain. A first-born girl could find her younger brother challenging her for the throne on the grounds that the law had not been changed at the time of her birth.


And what if Kate has twins? Experts say the firstborn will be the heir — but things could get complicated if the succession rules are not changed before the birth.


"Say they have twins and a girl comes out first and 20 years later the boy turns out to be the more attractive character," Lacey said. "People will say that at the time the law meant the boy should have inherited."


Rebecca Probert, a professor at the University of Warwick's school of law, said there are other issues that the law should address to bring the monarchy up to date.


British monarchs are banned from marrying Roman Catholics, but not members of other faiths — something Clegg said the new law would change.


An heir also cannot marry without the monarch's permission, and can't marry in a civil ceremony — even though Prince Charles, William's father, did just that when he wed his second wife, Camilla Parker Bowles, in 2005.


Probert said it's important "to have a clause in there confirming that monarchs are able to marry in the same ways that are open to their subjects."


But she thinks that may prove too complicated for lawmakers in the short term.


"They might decide in the interests of time to stick to the single issue of gender and leave the rest to a more convenient time — which tends to be never," she said.


___


Jill Lawless can be reached on http://Twitter.com/JillLawless


Read More..

Baxter to buy Gambro for $4B









Healthcare products maker Baxter International Inc. said on Tuesday that it would buy privately held Swedish dialysis product company Gambro AB for about $4 billion to expand its kidney therapy portfolio.

Baxter, whose shares were down 1 percent, will finance the deal with debt and cash. The deal marks Baxter's biggest acquisition since Chief Executive Robert Parkinson took the helm in 2004.

Baxter manufactures kidney dialysis equipment, drug infusion pumps and blood therapy products. The Gambro acquisition will round out Baxter's renal business, which accounted for almost one-fifth of the company's 2011 revenue of $13.89 billion.

Gambro is one of the largest makers of equipment for hemodialysis, which is generally performed in a hospital or clinic. The dialysis from Baxter's machines is called peritoneal and can be performed at home.

Gambro's sales have been flat to weaker in recent years, undermined partly by capacity constraints, but Baxter executives voiced confidence during a conference call with analysts that the business can be turned around.

"This is a very large global market and...it's going to continue to grow over the long term," Parkinson told analysts.

"At the end of the day, this is an acquisition that is not dependent on any one pathway for value creation. It is not dependent on a major new product launch or technological advancement, and is not dependent on commercial assumptions that our overly optimistic. This is an acquisition that is dependent on execution," he said. "This is something we know we can do and do well."

He said the planned acquisition did not represent a change in the direction of the company, which also makes drug infusion pumps and blood therapy products.

Shares of Baxter were down 1.1 percent at $65.11 near midday on Tuesday on the New York Stock Exchange. The deal is expected to close in the first half of next year.

TOO PRICEY?

Some analysts said they were concerned by the price tag and that the company will scale back its share buyback program in order to acquire Gambro.

"I think the deal makes sense. I think it does fit well with their existing renal business and I think there probably are synergies, but at the same time it is a lot of cash they are paying for this thing. They are taking on a significant amount of debt," said Michael Matson, an analyst at Mizuho Securities USA.

The Gambro deal marks further consolidation in the kidney dialysis market, where Gambro and Baxter compete against companies including U.S.-based DaVita HealthCare Partners Inc. and Germany's Fresenius Medical Care AG & Co. KGaA .

Analyst Kristofer Liljeberg of Sweden's Carnegie investment bank said the Gambro deal would give Baxter the No. 2 clinical dialysis position, behind Fresenius.

"I think in the longer-term, the ambition is to try to challenge Fresenius," Liljeberg said.

However, he said, Gambro, which is owned by Swedish investment holding company Investor AB and its partly owned private equity company, EQT Corp., had been struggling in recent years with slow growth and price competition.

Liljeberg said the deal was a good one for family-owned Investor, which controls several of Sweden's top companies. Since they bought Gambro, Investor and EQT have sold off its clinics and a blood component business.

A GROWING MARKET

More than 2 million patients globally are on some form of dialysis, and that has been increasing more than 5 percent annually, in part because of the rising rates of diabetes and hypertension.

Excluding special items, Baxter expects the Gambro transaction to reduce earnings per diluted share by 10 to 15 cents in 2013 and be neutral or add modestly to them in 2014. The deal is expected to close in the first half of next year.

Excluding the impact of special items and estimated amortization of intangible assets, the company said the deal should not affect earnings in 2013 and add 20 to 25 cents a diluted share in 2014.

Baxter said it expected the deal to add to earnings per diluted share, excluding special items, after 2014.

The suburban Chicago company said it expected over five years to increase sales by 7 to 8 percent, excluding the impact of currency fluctuations, on a compound annual basis, with earnings per diluted share, excluding special items, rising by 8 to 10 percent.

"Companies like Baxter can unlock a fair amount of value when they find strategic use for their overseas cash," said Piper Jaffray analyst Matt Miksic.

Indeed, Baxter said it planned to finance the deal with cash overseas. Multinational companies that have large international sales often have difficulties moving that cash back to the United States where they can put it to use.

J.P. Morgan was Baxter's financial adviser for the deal.

Read More..

Last-minute postponement of federal trial involving Burge













Jon Burge at sentencing


Jon Burge arrives for sentencing in January 2011. He was convicted of lying under oath about police torture.
(E. Jason Wambsgans, Chicago Tribune / December 3, 2012)





















































A federal trial over allegations that former Chicago police Cmdr. Jon Burge and other detectives covered up information that would have exonerated a man who spent 26 years in prison for a murder he didn’t commit was postponed today at the last minute.

U.S. District Judge Elaine Bucklo made the surprise announcement at about 10:15 a.m. as a jury was about to be picked.

Bucklo said the trial was postponed until Dec. 17 “due to issues that need to be resolved.”

Over the weekend, attorneys for Burge and the four detectives asked the judge to hold settlement discussions with the lawyers on both sides of the case. Attorneys for Alton Logan opposed any delay in the trial.

The trial stemming from Logan’s lawsuit would mark the first time in two decades that Burge, the disgraced former police commander, will testify in court about one of the numerous civil lawsuits filed against him.

Though he is expected to plead the Fifth Amendment, he will testify by way of videoconferencing from a federal prison in North Carolina, where he is serving a 4 1/2-year  sentence for lying about torture and physical abuse by his crew of detectives.

Logan, though, isn’t alleging he was beaten into confessing to murder by Burge and his men, but rather that they concealed evidence, even from Cook County prosecutors, that would have exonerated him.

asweeney@tribune.com




Read More..

Nokia Siemens to sell optical networks unit

FRANKFURT (Reuters) - Mobile telecoms equipment joint venture Nokia Siemens Networks, which is focusing on its core business, is to sell its optical fiber unit to Marlin Equity Partners for an undisclosed sum.


Up to 1,900 employees, mainly in Germany and Portugal, will be transferred to the new company, NSN said on Monday.


The company, owned by Nokia and Siemens, has sold a number of product lines since it last year announced plans to divest non-core assets and cut 17,000 jobs, nearly a quarter of its total workforce.


Nordea Markets analyst Sami Sarkamies said he expected more divestments after the optical unit deal. This disposal was a small surprise, he said, because NSN needed some optical technology - where data is transmitted by pulses of light - for its main mobile broadband business.


The move may hint the company is preparing itself for further consolidation in the sector by cutting overlaps with other players, Sarkamies said.


The telecom equipment market is going through rough times with stiff competition. French Alcatel-Lucent is also cutting costs.


($1 = 0.7689 euro)


(Reporting by Harro ten Wold; Editing by Greg Mahlich and Dan Lalor)


Read More..

A-Rod needs hip surgery, will miss season's start

NASHVILLE, Tenn. (AP) — The New York Yankees say Alex Rodriguez will have surgery on his left hip and will miss the start of the season and possibly the entire first half.

Rodriguez has a torn labrum, bone impingement and a cyst, the team said Monday. The Yankees said he will need to follow a pre-surgery program over the next four-to-six weeks and the team anticipates he will be sidelined four-to-six months. That timetable projects to a return between the start of May and mid-July.

A-Rod had right hip surgery on March 9, 2009, and returned that May 8. The Yankees said this operation will be "similar but not identical."

Read More..

Palace says Duchess of Cambridge expecting a baby












LONDON (AP) — Get the nursery ready: Prince William and his wife Kate are expecting their first child.


St. James’s Palace announced the pregnancy Monday, saying that the Duchess of Cambridge — formerly known as Kate Middleton — has a severe form of morning sickness and is currently in a London hospital. William is at his wife’s side.












The palace said since the pregnancy is in its “very early stages,” the 30-year-old duchess is expected to stay in the hospital for several days and will require a period of rest afterward.


It would not say how far along she is, only that she has not yet reached the 12-week mark.


News of the pregnancy drew congratulations from across the world, with the hashtag “royalbaby” trending globally on Twitter.


Not only are the attractive young couple popular — with William’s easy common touch reminding many of his mother, the late Princess Diana — but their child is expected to play an important role in British national life for decades to come.


William is second in line to the throne after his father, Prince Charles, so the couple’s first child would normally eventually become a monarch.


In recent days, Middleton has kept up her royal appearances — recently playing field hockey with schoolchildren at her former school.


The confirmation of her pregnancy caps a jam-packed year of highs and lows for the young royals, who were married in a lavish ceremony at Westminster Abbey last year.


They have traveled the world extensively as part of Queen Elizabeth II’s Diamond Jubilee celebrations and weathered the embarrassment of a nude photos scandal, after a tabloid published topless images of the duchess.


Joe Little, managing editor of Majesty magazine, said the news bookended a year that saw the royal family riding high in popular esteem after celebrations of Queen Elizabeth II’s 60 years on the throne.


“We’re riding on a royal high at the moment at the end of the Diamond Jubilee year,” he said. “People enjoyed the royal romance last year and now there’s this. It’s just a good news story amid all the doom and gloom.”


Speculation about when the couple would start a family has been rife since their wedding.


William’s mother — the late Princess Diana — got pregnant just four months after her wedding in 1981. Diana reportedly suffered from morning sickness for months and complained of constant media attention.


“The whole world is watching my stomach,” Diana once said.


American tabloid speculation of the pregnancy has been rampant for months. One newspaper even cited anonymous sources talking about Kate’s hormone levels. Others have focused on the first signs of the royal bump.


The palace said the royal family was “delighted” by the news, while British Prime Minister David Cameron wrote on Twitter that the royals “will make wonderful parents.”


Whether boy or girl, the child will be next in line behind William in the line of succession to the throne, Cabinet Office officials have said.


Leaders of Britain and the 15 former colonies that have the monarch as their head of state agreed in 2011 to new rules which give females equal status with males in the order of succession.


Although none of the nations had legislated to make the change as of September 2012, the British Cabinet Office confirmed that this is now the de-facto rule.


On the couple’s recent tour of Malaysia, Singapore, the Solomon Islands and Tuvalu in September, William reportedly said he hoped he and Kate would have two children.


___


Associated Press writers Jill Lawless and Paisley Dodds contributed to this report.


Entertainment News Headlines – Yahoo! News


Read More..

US flu season starts early, could be bad, CDC says

NEW YORK (AP) — Health officials say flu season is off to its earliest start in nearly 10 years — and it could be a bad one.

The primary strain circulating is one that tends to cause more severe illness, especially in the elderly.

But officials with the Centers for Disease Control and Prevention said the nation seems to be fairly well prepared. More than a third of Americans have been vaccinated, and the vaccine is well matched to the strains of flu so far.

Officials said Monday that suspected flu cases have jumped in five southern states — Alabama, Louisiana, Mississippi, Tennessee and Texas. An uptick in flu reports like this usually doesn't occur until after Christmas.

The last time a typical flu season started this early was the winter of 2003-04.

Read More..