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By Rex Crum, MarketWatch
SAN FRANCISCO (MarketWatch)?Apple Inc.?s chief executive Tim Cook took a 99% pay cut in 2012, while Netflix Inc. CEO Read Hastings saw his salary doubled for 2013.
The big shifts in compensation, reflecting a year of upheaval for the companies, were detailed in filings that Apple /quotes/zigman/68270/quotes/nls/aapl AAPL -1.06% ?and Netflix /quotes/zigman/87598/quotes/nls/nflx NFLX -1.29% ?made with the U.S. Securities and Exchange Commission late Friday.
/quotes/zigman/68270/quotes/nls/aapl AAPL 509.59, -5.47, -1.06%Apple?s disclosure came as part of the company?s proxy report, issued ahead of its annual shareholders? meeting set for Feb. 27, 2013. Apple said that in 2012 it cut Cook?s pay by 99% in 2012 from what he earned in 2011.
However, the reason Cook?s pay package was so much lower than last year was because Apple didn?t give its CEO a stock award in 2012. Cook still earned $1.36 million in salary, plus a cash bonus of $2.8 million, giving him a total salary of $4.16 million for the year?a 51% increase over what he earned a year ago.
Apple?s year proved to be one of the most-trying in recent times for the company. The company?s stock price has risen almost 26% this year, closing Friday at $509.5 a share. But that level is also down by nearly 28% since Apple?s stock hit an all-time high of $705.07 a share on Sept. 21.
Cook, who became CEO in 2011 shortly before the death of Steve Jobs, has this year overseen the release of two new versions of the iPad, the iPad Mini, new Mac desktop and laptop computers, and the iPhone 5.
However, Apple suffered a black eye when it replaced Google Maps on the iPhone and iPad with its own Apple Maps application, and was widely criticized for the app providing wrong directions and locations. In October, Scott Forstall, Apple?s senior vice president for iOS software, resigned from Apple following the Maps debacle, and John Browett, who had been head of Apple?s retail operations for just six months, was let go by the company. Read more about Apple's executive shake-up.
Netflix?s Hastings, meanwhile, will see his pay doubled in 2013, compared with what he earned in 2012.
In an SEC filing, Netflix said Hastings will get a salary of $2 million, plus a bonus of $2 million in stock options next year. In 2012, Hastings earned $500,000 in salary and $1.5 million in Netflix stock options.
Hastings and Netflix weren?t without their own drama in 2012 following what had be a brutal second half of 2011. During this year, Netflix?s share price has risen almost 29%, to close Friday at $89.33. However, like Apple, Netflix?s stock has been trimmed significantly since reaching its year-to-date high point of $133.43 on Feb. 7.
Among the issues Hastings faced in 2012 was continued backlash over Netflix?s 2011 moves to separate its DVD-rental and video-streaming service offerings, which resulted in a 60% price increase for customers wanting to keep both services. During 2012, Netflix also had to trim forecasts for its video-streaming subscriber growth, leading Wall Street to raise concerns about Netflix?s business prospects.
Also, late in the year, Coinstar Inc.?s /quotes/zigman/63447/quotes/nls/cstr CSTR +0.18% Redbox, which runs a nationwide line of thousands of DVD-rental kiosks, said it and Verizon /quotes/zigman/262341/quotes/nls/vz VZ -1.33% ?would launch a beta version of their video-streaming service by the end of December. The service, meant to challenge Netflix?s market position, will start a $8 a month, a price comparable to Netflix?s streaming-only service option. Read more about Netflix and the Redbox challenge.
/quotes/zigman/68270/quotes/nls/aapl
US : U.S.: Nasdaq
Volume: 12.38M
Dec. 28, 2012 4:00p
Market Cap$478.41 billion
/quotes/zigman/87598/quotes/nls/nflx US : U.S.: Nasdaq
Volume: 1.58M
Dec. 28, 2012 4:00p
/quotes/zigman/63447/quotes/nls/cstr US : U.S.: Nasdaq
Volume: 391,049
Dec. 28, 2012 4:00p
Rev. per Employee$806,583
/quotes/zigman/262341/quotes/nls/vz US : U.S.: NYSE
Volume: 9.08M
Dec. 28, 2012 4:01p
Market Cap$122.22 billion
Rev. per Employee$589,154
Rex Crum is a reporter for MarketWatch in San Francisco. Follow him on Twitter @mktwcrum.
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The Gadsden flag, which flew proudly over the 2010 midterm elections, now lies in tatters ? rent by internal disagreements, losses among its most visible standard-bearers and a growing sense that the tea party movement, which once looked like it could transform American politics, will soon be nothing more than a blip in the country?s collective memory.
The movement?s journey from boom to bust is the story of American politics writ large. The tea party?s ups and downs (in 2012, mostly downs) highlight some of the key forces shaping today?s battles ? from the fissures that threaten to destroy the Republican Party to the perils of a leaderless or multi-leader effort to the difference between proving a point and winning.
No one person more embodies the fruitful-turned-fractious relationship that the tea party has enjoyed with the political world (and itself) than the man whom the movement made speaker of the House after the 2010 elections: John Boehner.
Fueled by the grass-roots energy and, in some places, anger of tea party members, Republicans gained more than five dozen House seats in 2010, a sweep that put Boehner ? an institutionalist?s institutionalist ? at the top of a GOP he didn?t really recognize anymore.
For the first two years, Boehner was a SINO (Speaker in Name Only) as he regularly saw his legislative and political goals upended by the purists in his party who regarded compromise as capitulation. The debt-ceiling fight of 2011 was a sign of things to come for Boehner. The speaker engaged in long and serious talks with President Barack Obama aimed at not simply raising the country?s debt limit but also addressing our long-term budget problems. But as it became clear that Boehner was going to have to give to get, the tea party crowd in the House, who saw the debt ceiling vote as a chance to tie the government?s purse strings, made clear that they wouldn?t be going along to get along.
Then came the 2012 elections, a rebuke of the tea party?s ideas and leaders. Sensing an opportunity to wrest control of his party, or at least the House GOP, back from the fringe, Boehner went on offense. He kicked Reps. Tim Huelskamp (Kan.), Justin Amash (Mich.) and Dave Schweikert (Ariz.) off plum committees after the election, insisting that they had been insufficiently loyal to the party leadership on key votes ? the most notable of which was on the budget proposal put forward by Rep. Paul Ryan (Wis.), the vice-presidential nominee.
Stories of Boehner?s re-emergence were crafted, citing his renewed power over his Republican colleagues and using the tea party committee purge as example No. 1. Emboldened by his newfound strength, Boehner set out to show some force in his negotiations with Obama over the ?fiscal cliff.? He introduced ?Plan B,? a bill that would preserve the George W. Bush-era tax cuts on everyone except those making $1 million or more a year, and he held a 51-second news conference pledging that it would pass the House and daring the president to ignore it.
Twenty-four hours later, Boehner released a statement admitting defeat. Plan B never made it to the House floor. The speaker and Majority Leader Eric Cantor, of Virginia, couldn?t come close to securing the votes required.
The defeat was spurred by the tea party, which saw Boehner?s plan not as a way to put political pressure on the president but as an unnecessary sacrifice of a core principle. That principle? It?s never OK to raise taxes on anyone. As Boehner?s strategy sunk, and with it, his power as speaker, it was the lawmakers he had punished who celebrated most heartily.
?Republican leadership thought they could silence conservatives when they kicked us off our Committees,? Huelskamp said in a statement after Plan B?s demise. ?I?m glad that enough of my colleagues refused to back down from the threats and intimidation, thus preventing the Conference from abandoning our principles.?
Huelskamp?s victory, of course, was Pyrrhic. With Boehner marginalized, Obama and Senate Majority Leader Harry Reid, of Nevada, have been left to sort out a fiscal cliff deal ? one that almost certainly will be worse for Republicans than what Boehner proposed.
- ? -
It wasn?t just in legislative battles where the tea party proved a point but lost the fight in 2012.
Indiana?s Senate race showed the promise and peril of the movement. Sen. Dick Lugar, who was first elected in 1976 and had been easily re-elected since then, faced a primary challenge from his ideological right from state Treasurer Richard Mourdock, a little-known but decidedly more tea-party-friendly candidate.
Lugar?s problems weren?t solely ideological ? he didn?t live in the state, rarely visited it and ignored advice from national party strategists to take Mourdock?s challenge seriously. But the sense that he tended toward moderation and, gasp, occasionally supported Obama on matters of foreign policy, didn?t sit well with the GOP primary electorate.
Mourdock summed up his view of government succinctly the day after he beat Lugar. ?I don?t think there?s going to be a lot of successful compromise,? he said on CNN. ?I hope to build a conservative majority in the U.S. Senate so bipartisanship becomes Democrats joining Republicans to roll back the size of government.?
He never got a chance to see that vision realized, because of a bit of political hara-kiri he committed in a late-October debate with Democratic Rep. Joe Donnelly. Asked about abortion, Mourdock paused, then said that ?even when life begins in that horrible situation of rape, that is something that God intended to happen.?
Days later, Mitt Romney carried the Hoosier State by 10 points, but Mourdock lost to Donnelly by six points ? a defeat that establishment Republicans immediately used to argue that the tea party?s political compass was either badly miscalibrated or nonexistent.
Mourdock?s win-then-loss epitomized the tea party?s steep decline, but he was far from the only GOP candidate who sacrificed victory at the altar of ideology. Rep. Allen West, running in a swing district in Florida, spent time speculating about how many communists there might be in Congress. (Eighty-one, in case you were wondering.) When asked about his feelings on abortion, Rep. Joe Walsh, running in a Democratic-leaning, suburban Chicago district, insisted that ?there is no such exception as life of the mother.? (He lost by nine points.) And a tea party heroine and former presidential hopeful, Rep. Michele Bachmann (Minn.), was re-elected by just over 4,000 votes against an unheralded Democratic challenger in a suburban Twin Cities district that leans heavily Republican.
The tea party didn?t catch a single break in Election 2012. Take Missouri, where the defeat of Todd ?legitimate rape? Akin in the Senate race was laid at the feet of the tea party. The problem with that theory? The major tea party groups had backed Akin?s primary opponents; he won on the strength of his support among social conservatives.
- ? -
Beset by challenges on all sides, the tea party needed a leader. Instead, in early September, it got an attempted armed coup ? a truth-is-stranger-than-fiction scenario in which former Texas congressman Richard Armey tried to seize control of FreedomWorks, a pillar of the movement. (Armey brought an aide with a handgun holstered at his hip to the FreedomWorks headquarters as he attempted to take over. And no, that is not a joke.)
Armey?s mission came up short ? he took $8 million to part ways with the organization (not a bad consolation prize) ? but that it happened at all exposed the tea party?s fractures to a wide audience.
At the heart of the schism was the question of whether this outsider movement should acclimate itself to the establishment it rebelled against a few years ago. Could the tea party come in from the cold and enjoy the warm embrace of acceptance, or at least tolerance, from the mainstream GOP? And if not, how could it survive without national leaders to help it become something more than an insurgent effort? In other words, the tea party needed a second act but had no director. And no one could even agree on what the script should be. The result? Chaos.
- ? -
If the tea party was the bright, shiny object that the political world gazed at in amazement in 2010, by 2012 it looked like a toy that had been discarded as a child moved on to bigger and better things.
To be clear: All wasn?t ? and isn?t ? lost for the tea party. While 2012 was far from its best year, the movement again proved its ability to influence Republican primary fights. Can you imagine Herman Cain as a relevant force in the presidential race without the power of the tea party?
And yet, its success also showed its limitations in 2012. Mourdock won?t be in the Senate next year. Nor Allen West in the House. A movement can become something bigger only if it understands the difference between winning a battle and winning a war ? or between a moral victory and an actual one. The tea party won a few of the former in 2012 but almost none of the latter.
For failing even when it seemed to succeed, the tea party had the worst year in Washington. Congrats, or something.
Chris Cillizza is a political reporter for The Washington Post and anchors the Fix blog.
Source: http://bangordailynews.com/2012/12/30/opinion/the-worst-year-in-washington-the-tea-party/
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NEW YORK - The NHL and the players' association are ready to get back to the bargaining table.
There were no formal negotiations Sunday, but all signs pointed to talks on Monday in an effort to end the lockout and save the season.
"There will be no further face-to-face meetings today," the union said in a statement Sunday. "The plan is for the sides to meet tomorrow."
Those would be the first negotiations since the sides met with a federal mediator Dec. 13.
The league and the union had informational discussions ? by conference call and in meetings ? with staff members that lasted much of Saturday and concluded Sunday. Those talks were spurred by the nearly 300-page contract proposal the NHL presented to the union Thursday.
All games through Jan. 14 have been canceled, claiming more than 50 percent of the original schedule. The NHL wants to reach a deal by Jan. 11 and open the season Jan. 19, with a 48-game schedule.
Bargaining sessions with only the NHL and union haven't been held since Dec. 6, when talks abruptly ended after the players' association made a counterproposal to the league's previous offer. The league said that offer was contingent on the union accepting three elements unconditionally and without further bargaining.
The NHL then pulled all existing offers off the table. Two days of sessions with mediators the following week ended without progress.
A person familiar with key points of the offer told The Associated Press that the league proposed raising the limit of individual free-agent contracts to six years from five ? seven years if a team re-signs its own player; raising the salary variance from one year to another to 10 percent, up from 5 percent; and one compliance buyout for the 2013-14 season that wouldn't count toward a team's salary cap but would be included in the overall players' share of income.
The person spoke on condition of anonymity because details of the new offer weren't being discussed publicly.
The NHL maintained the deferred payment amount of $300 million it offered in its previous proposal, an increase from an earlier offer of $211 million. The initial $300 million offer was pulled after negotiations broke off this month.
The latest proposal is for 10 years, running through the 2021-22 season, with both sides having the right to opt out after eight years.
If this offer doesn't quickly lead to a new collective bargaining agreement, the next round of cuts could claim the entire schedule.
The NHL is the only North American professional sports league to cancel a season because of a labor dispute, losing the 2004-05 campaign to a lockout. A 48-game season was played in 1995 after a lockout stretched into January.
It is still possible this dispute could eventually be settled in the courts if the sides can't reach a deal on their own.
The NHL filed a class-action suit this month in U.S. District Court in New York in an effort to show its lockout is legal. In a separate move, the league filed an unfair labor practice charge with the National Labor Relations Board, contending bad-faith bargaining by the union.
Those moves were made because the players' association took steps toward potentially filing a "disclaimer of interest," which would dissolve the union and make it a trade association. That would allow players to file antitrust lawsuits against the NHL.
Union members voted overwhelmingly to give their board the power to file the disclaimer by Wednesday. If that deadline passes, another authorization vote could be held to approve a later filing.
Source: http://www.startribune.com/sports/wild/185219752.html
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A long-lost relative of the reclusive heiress Huguette Clark, who could have inherited $19 million of her $300 million fortune, has been found dead under a Union Pacific Railroad overpass in Wyoming.
Children sledding found the body of Timothy Henry Gray, 60, Thursday afternoon in Evanston, a small mining town in southwestern Wyoming near the Utah border. The coroner said it appeared he died of hypothermia. The low temperature that day was 10 degrees, and had hit zero in the previous week. Lt. Bill Jeffers of the Evanston Police Department said there was no evidence of foul play, and Gray was wearing a light jacket. Gray's siblings said they hadn't heard from him since their?mother's funeral in 1990, when he disappeared without a word.??It wasn't clear whether Gray was living under the overpass, where transients have been known to camp.
Tim Gray was an adopted great-grandson of former U.S. Sen. William Andrews Clark, known as one of the copper kings of Montana, a banker, a builder of railroads and the founder of Las Vegas. The senator's youngest daughter, Huguette Clark, was a recluse who died in 2011 in New York City at age 104, after living in hospitals for 20 years while her palatial homes sat unused. Gray was her half great-nephew.
In her will, Huguette Clark left no money at all to her family, leaving it instead to?her nurse, goddaughter, attorney, accountant, hospital, doctor, favorite museum and various employees, as well as? to an art foundation to be set up at her oceanfront estate in Santa Barbara, Calif. ?None of her relatives had seen Clark in at least 40 years, though some had been in touch with her through holiday cards and occasional phone calls.
Nineteen of Clark's relatives have stepped forward to challenge her will in a New York court. A public administrator joined the challenge on behalf of Gray. When lawyers tried to find him to let him know about the Clark estate battle, they found his belongings had been abandoned in a storage locker, according to court records, and private investigators were not able to find him.
If the relatives win their court challenge, Gray's estate would be entitled to about $19 million before taxes, or 6.25 percent of Clark's copper mining fortune, which has been conservatively estimated at $307 million by the administrator of Huguette Clark's estate. If Gray, who apparently had no spouse or children, died without a will, his share would be divided among his siblings.
Gray was not using the money he already had. The coroner said Gray's wallet contained a cashier's check, from 2003, for "a significant amount."
Gray's older brother, Jerry, said Tim had worked as a cowboy and lived in the Rocky Mountain states.?"He was homeless essentially. If we had proper mental health services in this country, we could have been notified and known to do something."
Huguette Clark attracted the attention of NBC News in 2009 because of her vacant but well-manicured mansions and questions about the management of her money. The battle over her estate could go before a jury in 2013, though settlement talks have begun.
The archive of Clark stories, photos and videos is at?http://nbcnews.com/clark/.
Do you have information on the Clark family?
Reporter Bill Dedman is?co-authoring a nonfiction book about Huguette Clark and her family. If you have documents or information, you can reach him at?bill.dedman@msnbc.com.
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MEXICO CITY (AP) ? Mexico City lawmakers have approved prison terms for animal cruelty, previously considered a civil offense sanctioned with fines and detentions.
The capital's legislative assembly unanimously agreed that people who intentionally abuse and cause animals harm will face up to two years in prison and pay up to $500. If the animal is killed, they can face up to four years in prison and a $2,000 fine.
Antonio Padierna, president of the assembly's law enforcement and justice committee, said late Friday that if animals are killed for food, the death must be quick and not cause pain.
The lawmakers agreed current administrative laws weren't doing enough to end animal cruelty. In Mexico City, animals are sometimes killed by being burned, beaten or shot.
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TEMPE, Ariz. ? Michigan State labored on offense throughout the first half, unable to get anything going on the ground, in the air, anywhere.
For a team that had lost five games by a combined 13 points during the regular season, it was starting to feel familiar.
The Spartans changed their luck by turning to brutally effective running back Le'Veon Bell in the second half, setting up Dan Conroy for another game-winning kick in a bowl game.
Bell ran for 145 yards and a fourth-quarter touchdown, Conroy kicked a 47-yard field goal with 1:01 left and Michigan State rallied to beat Texas Christian 17-16 in the Buffalo Wild Wings Bowl on Saturday night.
"With so many close games and losing like we did during the season, to have one go our way was definitely sweet," Conroy said.
It wasn't always pretty for the Spartans.
Michigan State (7-6) managed 76 yards of offense during the first two quarters as TCU bottled up Bell.
The 237-pound junior started to wear down the Horned Frogs in the second half, grinding out 107 of his yards on a 32-carry night.
Behind Bell, the Spartans went on the longest drive in their bowl history in the third quarter, marching 90 yards to set up freshman Connor Cook's 15-yard touchdown pass to Aaron Burbridge.
Michigan State then recovered a muffed punt by TCU's Skye Dawson at the 4-yard line midway through the fourth and Bell scored two plays later by racing around left end for a 14-13 lead.
TCU (7-6) still had a little life after blowing a 13-point halftime lead, moving just far enough to set up Jaden Oberkrom for the longest field goal in the bowl's history, a 53-yarder that put the Horned Frogs up 16-14 with 2:42 left.
They just left Michigan State too much time.
Starting at their own 25-yard line, the Spartans moved 45 yards in eight plays, setting up Conroy for his second game-winner in a bowl after beating Georgia with a 28-yarder in the third overtime of the 2012 Outback Bowl.
Michigan State's defense held after that, sending the Spartans to their second straight bowl win after three consecutive losses.
"There was no doubt in my mind that after so many losses in similar fashion that we were going to come out on top in this one," Spartans linebacker Max Bullough said.
The Horned Frogs shut down Michigan State's offense in the first half and did just enough when they had the ball to put together three scoring drives.
In the second half, TCU couldn't get anything going against the Spartans' defense ? 84 total yards ? and its defense gave up the long scoring drive in the third quarter, along with the game-winner in the fourth.
Trevone Boykin threw for 201 yards and an interception on 13-of-29 passing for the Horned Frogs.
"A little bit empty feeling inside because we felt like we left a lot on the field," TCU coach Gary Patterson said.
TCU and Michigan State came to the desert with an awful lot of similarities.
The Horned Frogs opened their first season in the Big 12 with four straight wins before losing four of their final six games. Michigan State started 4-2, then lost four of six down the stretch.
Michigan State had the nation's fourth-best defense and was 10th in scoring defense during the regular season. TCU was 18th in total defense and 10th against the run.
Michigan State quarterback Andrew Maxwell was up-and-down in his first season as Kirk Cousins' replacement, throwing 13 touchdown passes and nine interceptions. Boykin took over after four games for Casey Pachall, who was suspended and later left the team, and threw for 15 touchdowns and nine interceptions.
The biggest difference between the teams was Bell.
He ranked third nationally with 137.3 yards rushing per game and had 1,648 on the season, second-most in Michigan State history and 242 fewer than TCU had as a team.
Early on, the Horned Frogs gave him nowhere to go.
Filling holes inside and stringing plays out toward the sidelines, TCU stuffed the bruising Bell on nearly every touch, holding him to 38 yards on 11 carries in the first half.
Of course, it didn't seem to matter what Michigan State did. The Spartans had 29 yards on 12 plays in the first quarter and weren't a whole lot better in the second, with Maxwell throwing two near-interceptions on consecutive passes and an ill-advised trick play that probably should have resulted in a turnover, too.
The Spartans still seemed to be stuck in the ruts in the third quarter before grinding out a 14-play scoring drive led by Cook, who replaced Maxwell for the second time in the game. They had their biggest play on a floating pass from Bell to fullback TyQuan Hammock (29 yards), then Cook threw his first career touchdown pass, a 15-yarder to Burbridge on a crossing route that cut TCU's lead to 13-7.
"I thought Connor did a good job on the 90-yard drive, gave us a little momentum," Spartans coach Mark Dantonio said.
TCU didn't exactly have its way with Michigan State's defense in the first half and missed some chances to build a bigger lead.
The Frogs started gashing the Spartans for decent-sized chunks with their option midway through the first quarter, setting up Matthew Tucker's 4-yard touchdown on an end-around.
Boykin had an impressive off-the-back-foot throw to freshman Kolby Listenbee for 59 yards on the last play of the first quarter and nearly had a 19-yard touchdown pass to open the second, but LaDarius Brown was bumped and dropped the ball in the end zone. Oberkrom followed with a 47-yard field goal and added another from 31 yards after Boykin hit Josh Boyce on a 61-yard pass to put TCU up 13-0 at halftime.
The Frogs couldn't keep it up in the second half.
With Michigan State clogging the running lanes and chasing Boykin around, TCU had 30 yards of offense in the third quarter and continued to struggle in the fourth. The Horned Frogs did manage the short scoring drive to set up Oberkrom's late field goal, but ended up going backward on their final drive after Conroy's kick.
"What I thought happened in the third quarter was Michigan State dialed up the heat and we didn't have an answer," Patterson said.
Michigan State did ? for one of the few times this season.
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Source: http://www.huffingtonpost.com/2012/12/30/michigan-state-tcu-bufallo-wild-wings-bowl_n_2382873.html
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By The Associated Press
NEW YORK?? A woman is in custody in the death of a man who was shoved in front of a speeding subway train, and she "made statements implicating herself," New York City police said Saturday.
Detectives questioned her but aren't releasing the 31-year-old suspect's name until she is formally charged, NYPD spokesman Paul Browne said in a brief statement. Among other things, investigators were arranging for witnesses to positively identify the woman in custody as the attacker, police said.
Sunando Sen, a 46-year-old Queens resident who was born in India and ran a printing shop, died Thursday night when a woman who had been muttering to herself on a train platform in Queens suddenly knocked him on the tracks as a train entered the station.
The woman fled after the attack. Police released security camera video showing her running from the station.
The attack was the second time this month that someone was pushed to their death in a New York City subway station. A homeless man was arrested in early December and accused of shoving a man in front of a train in Times Square. He is awaiting trial, and claimed he acted in self-defense.
Further details on how police managed to identify the suspect in Sen's death were not immediately available.
Investigators had been following up on tips from people who had seen the security video and were checking homeless shelters and psychiatric units in an attempt to identify the woman.
It was unclear whether she had any connection to Sen. Witnesses told police the two hadn't interacted on the platform as they both waited for the train.
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Congressional leaders took an optimistic tone from an afternoon meeting at the White House, and Senate Minority Leader Mitch McConnell said he was "hopeful" he and Majority Leader Harry Reid could hash out a deal on Saturday to avert the year-end fiscal cliff.
Reid, McConnell and House Speaker John Boehner's office all said that the consensus from the meeting was that the Senate needs to take the next steps in any deal.?
Reid called the meeting "constructive" and said he "hopes it produces something constructive." He said the Senate would be out of session on Saturday so he and McConnell could hash out a deal.
President Barack Obama did not offer a "new" proposal in the meeting, contrary to McConnell's expectations.
Rather, Obama reiterated previous positions on income-tax rates and other components of the cliff.
He asked Congressional leaders at the meeting for a concrete counterproposal, which Reid and McConnell will try to do on Saturday. If no agreement is reached, he will ask for an up-or-down vote on his own plan in Congress.
At 3:10 p.m., Obama began his meeting at Reid, McConnell, Boehner, and House Minority Leader Nancy Pelosi. It ended at 4:15 p.m, the White House said.
Check the blog for a full recap of the day's events.
Via host David Gregory:
Here's a link to our coverage.
On the Senate floor a few minutes ago, Reid said that the Senate will be out of session tomorrow while he and McConnell work out a proposal.
Meanwhile, McConnell said "we had a good meeting down at the White House."
"We are engaged in discussions, the majority leader, myself and the White House in the hopes that we can come forward as early as Sunday and have a recommendation that I can make to my conference and the majority leader can make to his conference," McConnell said.
From a readout provided by Boehner spokesman Brendan Buck:
?At the top of the meeting, the Speaker reminded the group that the House has already acted to avert the entire fiscal cliff and is awaiting Senate action.? The leaders spent the majority of the meeting discussing potential options and components for a plan that could pass both chambers of Congress. The Speaker told the President that if the Senate amends the House-passed legislation and sends back a plan, the House will consider it - either by accepting or amending. The group agreed that the next step should be the Senate taking bipartisan action.?
She called it "candid" and "constructive," according to Pergram, and said that Boehner reiterated he won't move on a deal until the Senate acts.
They both did not speak to reporters. Pelosi had trouble finding her car.
Still no word on Senate leaders.?
From Politico:
At the meeting, Obama is expected to make what the White House considers a scaled-back offer ? one to raise taxes on income over $250,000, extend jobless benefits, delay automatic defense and domestic cuts and patch the alternative minimum tax, sources say. Raising taxes at that level is a nonstarter for Republicans, who want far more in spending cuts.
Dow finishes the day down more than 158 points. Nasdaq 25.6 points. S&P down 1.11 percent.
He is reiterating previous positions ? taxes go up on income above $250,000 and extension of unemployment benefits.
An administration official confirms that he's at the White House for an unrelated meeting.
According to the White House pool report.
Hmm.
Per CNN's Vaughn Sterling.
Here's a photo of his car's arrival, via Politico's Donovan Slack:
Republican Sen. Bob Corker suggested at a press conference that today's meeting at the White House is "more for optics" than anything substantial.
"Every American should be disgusted with all of Washington," Corker said.
Corker also signaled another potential debt ceiling fight early next year.
It would include an extension of Bush-era tax rates on income below $250,000.?
It would also prevent the expansion of the alternative-minimum tax and halt a cut in Medicare payments to doctors, as well as extend unemployment insurance benefits.
And it would "delay or replace" some of the spending cuts.
Via CNBC's John Harwood:
According to Bloomberg, it will avert some of the tax hikes and spending cuts scheduled to hit via the fiscal cliff.
On the Today Show this morning, Sen. Chuck Schumer (D-N.Y.) expressed some optimism that a deal could get done before the deadline.?
?I am hopeful there will be a deal that avoids the worst parts of the fiscal cliff, namely taxes going up on middle-class people,?? Schumer said. ?I think there can be, and I think the odds are better than people think that there could be.??
Schumer pointed to two things for his optimism: The fact that McConnell and Obama are talking for the first time, and that Boehner is back at the table.?
"The fact that he?s come back and the four of them are at the table means to me, we could come up with some kind of agreement that would avoid the main parts of the fiscal cliff, particularly taxes going up on middle-class people," Schumer said.
Source: http://www.businessinsider.com/fiscal-cliff-december-28-obama-congress-face-deadline-2012-12
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After going through the state of Linux distributions handling SecureBoot, UEFI-guru Matthew Garrett confirmed via his blog that Linux on the Microsoft Surface is likely a lemon.
The challenge with loading Linux (or any non-Microsoft operating system) on the new ARM-based tablet is that while it implements UEFI SecureBoot, it doesn't have the "Microsoft Windows UEFI Driver Publisher" key. This is the key used to sign Windows drivers and other non-Microsoft software (e.g. the signed Linux UEFI boot-loaders). Microsoft meanwhile has its own private key and this is the only UEFI SecureBoot key present on the Surface. Without the Surface having the "Microsoft Windows UEFI Driver Publisher" standard key, it's simply not a matter of having OS boot-loader be signed already to have support for this tablet. Microsoft only wants its OS on their tablet.
The Microsoft Surface tablet is based upon NVIDIA's Tegra 3 (T30) SoC with quad-core ARM Cortex-A9 1.3GHz processor, 2GB of RAM, storage capacities of 32GB or 64GB, and runs the Windows RT operating system. Being based upon the common NVIDIA Tegra 3 SoC, the hardware itself isn't too attractive or unique. You can already find plenty of other Tegra 3 tablets on the market capable of running Android/Linux like the ASUS Eee Pad Transformer Prime, Google Nexus 7, Lenovo IdeaPad Yoga 11, and NVIDIA's Cardhu reference tablet.
As Matthew mentions in his post, loading Linux or any other operating system to this first-generation ARM-based Microsoft Surface tablet would likely involve finding a vulnerability within the device's firmware in order to execute arbitrary code.
Source: http://feedproxy.google.com/~r/Phoronix/~3/lD20QHL8It0/vr.php
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The $50 million Lady Luck Casino Nemacolin will open in summer at the Fayette County resort. This depicts the exterior of the former Wildside arcade, where the casino will be located. Source: Isle of Capri Casinos Inc.
Published: Friday, December 28, 2012, 8:58?p.m.
Updated 5 hours ago
A hotel at The Meadows, a casino in Fayette County and new games are on tap for Western Pennsylvania gamblers in 2013.
Regulators will award the license for the state?s 13th casino, as gambling industry leaders hope Americans have enough confidence in the economy to keep the slots spinning and the cards turning.
?We?re a discretionary income business,? Rivers General Manager Craig Clark says of casinos in general. ?We?re one of the first to be cut? when people have to reduce their spending.
In the first 11 months of the year, Pennsylvania casinos generated $2.9 billion in gambling revenue, an increase of 4.7 percent from the total through November 2011. With an eye toward increasing that figure again in 2013, casino executives plan new offerings to attract new players and keep familiar faces returning.
Lady Luck Casino Nemacolin will open in the summer at the Fayette County resort, says Isle of Capri spokeswoman Jill Alexander. Isle of Capri, which operates 15 casinos in six other states, will manage Lady Luck.
It will have 600 slot machines and 28 table games but no poker room, Alexander says. The casino will have 450 employees.
Lady Luck Nemacolin will be a resort casino, meaning it will be open only to hotel guests and to people making a $10 purchase, such as food, a souvenir or a gift card. Managers of existing Western Pennsylvania casinos say they don?t worry about competition specifically from Lady Luck.
?Nemacolin will have some minor effect, but I don?t think it will be dramatic,? says Sean Sullivan, vice president and general manager at The Meadows Racetrack and Casino in North Strabane. ?It?ll be attractive to certain types of players.?
Clark sees Nemacolin as more of a destination location, while most Rivers customers come from Allegheny County.
The Meadows
Officials are ?working tirelessly? on a hotel that will be connected to the casino, Sullivan says. He expects groundbreaking in the spring.
The hotel will have about 200 rooms. Although about 1,000 rooms are available in nearby hotels, Clark says an on-site facility is a ?critical component? for casino guests. ?Meadows Hotel? will be built below the south parking garage, in an area now used for bus parking.
Work also is to start in the spring for a retail development tentatively called ?The Street.? It will front on Racetrack Road and include shops, restaurants and a bank. Tenants might be announced next month.
Rivers
The casino recently remodeled its poker room and installed a new high-limit room.
Clark says Rivers? focus in 2013 will be on slot machines and promotions. The casino plans to add new slots and get new titles out faster. He says promotions will be bigger and more exclusive. The $300,000 ?mortgage mania? promotion in January offers to cover the winner?s mortgage payments for a year, up to $18,000, with secondary prizes of making car and credit card payments.
The casino will continue its emphasis on community involvement, he says. It will again be a partner with the Auto Show and plan a NASCAR event that will put winners in a NASCAR simulator.
?Our business is based in Pittsburgh and Allegheny County. We?re supported by the local community in a very significant way,? he says.
Statewide
A major decision for the Gaming Control Board will be awarding the license for a second casino in Philadelphia. Six companies are vying for the state?s last Category 2 license, which allows a stand-alone casino with up to 5,000 slot machines and 250 table games.
Although Pennsylvania appears to have replaced New Jersey as the No. 2 gambling states, it faces competition from expansion in New York, Massachusetts, Maryland and elsewhere.
The state Gaming Control Board will see that the approval process for new games is quick and efficient, a spokesman says. The board also notes that several casinos are adding entertainment and conference venues, hotels and additional restaurants.
Nationwide
Online gambling will remain the No. 1 topic. Supporters of federal legislation authorizing legal online poker pulled the plug on their proposal in mid-December, while pledging to try again in 2013.
A 2011 U.S. Department of Justice ruling says states may offer online games within their borders. Nevada has authorized operators of online poker site that are expected to begin operations this year, and Delaware seems poised to offer online slots as well as poker, roulette, blackjack and other games.
Last week, New Jersey?s Legislature approved allowing online versions of any game offered in Atlantic City casinos. The bill was sent to Gov. Chris Christie.
California and other states are exploring legalization of online gambling.
Mark Gruetze is administrative editor for Trib Total Media. He can be reached at 412-320-7838 or players@tribweb.com.
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So what happens if the Academy is too scared to cast Oscar ballots this year? It's not an entirely outlandish scenario, with the nominations less than two weeks away and reports screaming out of Hollywood that the awards' attempt at going digital may already be backfiring.?Both the?Hollywood Reporter?and?Deadline?have semi-detailed accounts today of the surprising flaws within the Academy's new online voting system, and both conclude that it's so worried about hackers rigging ?the Oscars that it's become difficult for the (increasingly aging) members to pick their actual favorites.
RELATED: And This Year's Oscar Nominations for Best Actress (Might) Go to...
The Academy enlisted Everyone Counts ? an electronic voting company whose clients include the U.S. Department of Defense and the U.K.'s Ministry of Justice?? back in January to help develop a secure system for voting online. Maybe too?secure.?Pete Hammond of Deadline?writes that the system is "so loaded with specific safeguards and military-type encryption methods?to keep hackers and imposters out that it is causing extreme frustration for some of those who have tried to vote." One member joked (we think) to The Hollywood Reporter's?Scott Feinberg that "it's easier to break into the CIA." Everyone Counts, as a CNN article about online voting in political contests?noted, "uses 'military-grade encryption' for its ballots, and can also provide a paper trail for clients who want it, [CEO Lori] Steele says."?
RELATED: And the Best Actor Nominations (Might) Go To...
Feinberg and Hammond both detail the new Oscar voting process, which includes forcing members to create an elaborate second password (beyond the one for main access to the Academy's site) and enter a security code that arrives via phone call or text message. Which sounds kind of like, say, resetting your online banking password, but?remember, as Feinberg notes, the?Los Angeles Times?found that 54 percent of Oscar voters are over 60.?Though certainly not all people over the age of 60 are computer illiterate, Feinberg himself pointed out in January that "the?full?story is that more than a few members don't even have computers and/or know how to use the Internet, which would preclude them not only from streaming screeners, but also from filling out an e-ballot." There have?been efforts to include voters who don't want to turn to the Internet, but now, amidst all the bubbling frustration, there's worry that some members will just give up altogether.?
RELATED: And This Year's Best-Picture Nominations (Might) Go to...
Voting for nominees closes January 3, and, as Hammond writes, the Academy is so secretive about this stuff that we may never get a good sense of turnout anyway. But we can't help but wonder: If the Oscar voting pool's?majority contingent of old white men gets diminished, does that mean some films could sneak to glory? Does it mean old white men-centric contenders for Best Picture like, say,?Lincoln?could suffer? Or could The Master, a favorite with the younger oddball set, or ? gasp! ? awards-season underdog?Beasts of the Southern Wild?break free? We'll just have to wait and count the e-ballots, we guess.
Source: http://news.yahoo.com/hacker-fears-seriously-messing-oscars-online-voting-180004688.html
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LONDON (Reuters) - Former Prime Minister Margaret Thatcher wrote an emotional letter to U.S. President Ronald Reagan during the 1982 Falklands War calling him the "only person" who could understand her position, formerly secret documents showed on Friday.
Newly declassified files from 1982 lift the lid on contacts between the two leaders over the crisis and reveal the extent of the pressure Thatcher felt she was under when Argentina invaded the remote South Atlantic archipelago to reclaim what it said was its sovereign territory, triggering a 10-week war.
In one file, the tough, outspoken Thatcher called the build-up to the Argentine invasion the "worst, I think of my life", while letters to Reagan from the time show her reliance on the U.S. president and their close working relationship.
"I am writing to you separately because I think you are the only person who will understand the significance of what I am trying to say," Thatcher told Reagan in one letter, saying the principles of democracy, liberty and justice were at stake.
Britain held its breath when Thatcher dispatched a naval task force to the British-ruled Falkland islands following the Argentine invasion. Despite losing several warships, the British eventually reclaimed the South Atlantic islands 74 days later. Some 649 Argentines and 255 British troops were killed.
Elsewhere, the files show that Thatcher stressed the special relationship between the two countries as she requested Reagan's help in a letter signed off with "Warm personal regards, Margaret".
"I also believe that the friendship between the United States and Britain matters very much to the future of the free world," she wrote.
The files provide a unique perspective on the first and only female British prime minister's personal feelings as she waged war against Argentina, contemporary records specialist Simon Demissie told Reuters.
"You really hear how personally strained she was, how surprised she was. Her voice really comes through - her sense of shock that she would have to send forces to the other side of the world," Demissie said.
"We get a sense that she is as decisive as ever and that is something which really appealed to the military officials close to her," Demissie said in reference to minutes from the War Cabinet meetings ahead of the crisis, which were also released on Friday.
CLANDESTINE HELP
Secret for 30 years, the files reveal Thatcher's political manoeuvring during other events in 1982, including the Iran-Iraq war, the imposition of military rule in Poland and the Israeli invasion of Lebanon.
They also show that British attitudes to its U.S. ally were less deferential than the prime minister's letters to Reagan suggest.
In a transcript of a telephone conversation between Thatcher and her foreign minister, the prime minister criticised Reagan's communication style, describing a message from the president as "so vague I didn't think it was worth reading when it came in at half-eleven last night".
In another file, she noted "the US just does not realise the resentment she is causing in the Middle East", while a Foreign Office briefing on Reagan described the actor-turned-politician as "knowing much less than he seems to".
However, one document showed how deeply indebted British officials felt to the United States for its "clandestine help" during the Falklands war; help that the United States was anxious be kept secret.
"The US have made it clear that they do not wish to reveal publicly the extent of the help with which they are providing us. They are very much worried about the effects on their relations with South America. We must accept this as a fact of life," a Ministry of Defence letter said.
The United States assisted Britain with intelligence and communications facilities as well as with military equipment such as munitions, the document said, confirming information already in the public domain.
Emblazoned with the words SECRET and CONFIDENTIAL, many of the 6,000 declassified files will prove a treasure trove for history students keen on ferreting out hitherto unknown details of the major political events of 1982, said records specialist Demissie.
"Everything comes out in the end," he said.
(Reporting By Alessandra Prentice; Editing by Andrew Osborn)
Source: http://news.yahoo.com/secret-uk-files-lift-lid-thatcher-reagan-falklands-000827419.html
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In this May 1944 photo provided by Yad Vashem Photo Archives, Jewish women and children deported from Hungary, separated from the men, line up for selection on the selection platform at Auschwitz camp in Birkenau, Poland. Johann ?Hans? Breyer, 87, of Philadelphia admits he was a guard at Auschwitz, but says he was never in Auschwitz-Birkenau, the part of the death camp used as a killing machine for Jews. World-War II-era documents obtained by The Associated Press indicate otherwise. Those files are now in the hands of German authorities, and could provide the legal basis for charging Breyer as an accessory to the murder of hundreds of thousands of Jews in the Nazi death camp. (AP Photo/Yad Vashem Photo Archives)
In this May 1944 photo provided by Yad Vashem Photo Archives, Jewish women and children deported from Hungary, separated from the men, line up for selection on the selection platform at Auschwitz camp in Birkenau, Poland. Johann ?Hans? Breyer, 87, of Philadelphia admits he was a guard at Auschwitz, but says he was never in Auschwitz-Birkenau, the part of the death camp used as a killing machine for Jews. World-War II-era documents obtained by The Associated Press indicate otherwise. Those files are now in the hands of German authorities, and could provide the legal basis for charging Breyer as an accessory to the murder of hundreds of thousands of Jews in the Nazi death camp. (AP Photo/Yad Vashem Photo Archives)
This image provided by the U.S. Department of Justice shows a copy of a World War II-era record of Johann "Hans" Breyer's employment as an Auschwitz camp guard. The document casts doubt on the 87-year-old Philadelphia man's story that he served only at Auschwitz I, a smaller camp largely for prisoners used as slave laborers, and never entered Auschwitz II, also known as Auschwitz-Birkenau, where about 90 percent of the 1.1 to 1.5 million Jews and others were killed in the camp. The files are now in the hands of German authorities, and could provide the legal basis for charging Breyer as an accessory to the murder of hundreds of thousands of Jews in the Nazi death camp. (AP Photo/U.S. Department of Justice)
BERLIN (AP) ? The case of an 87-year-old Philadelphia man accused by Germany of serving as an SS guard at Auschwitz has largely centered on whether he was stationed at the part of the death camp used as a killing machine for Jews.
Johann "Hans" Breyer ? while admitting he was an Auschwitz guard ? insists he was never there.
World-War II-era documents obtained by The Associated Press indicate otherwise.
The files provided by the U.S. Department of Justice in response to an AP request are now in the hands of German authorities, and could provide the legal basis for charging him as an accessory to the murder of hundreds of thousands of Jews in the Nazi death camp.
The retired toolmaker told the AP in September, when German authorities confirmed he was under investigation, that he was always at Auschwitz I, a smaller camp used largely for slave labor, and never entered Auschwitz II, also known as Auschwitz-Birkenau, where about 90 percent of the 1.1 to 1.5 million Jews and others killed in the camp were murdered.
The U.S. Justice Department documents tell a different story. One SS administrative document specifically notes that Breyer was an SS guard at Auschwitz II. Another indicates he served with a unit of the SS Totenkopf, or "death's head," that was assigned to guard Birkenau.
Kurt Schrimm, the head of the special German prosecutors' office responsible for investigating Nazi-era crimes, which has recommended charges be brought against Breyer in Germany, would not comment on specific pieces of evidence. But he said his office felt there was a strong enough evidence to prove that Breyer served in Birkenau.
"American authorities have been very cooperative in this case and have turned over a lot of evidence," he said.
Breyer did not respond to requests for comment; his attorney, Dennis Boyle, said that he was aware of the documents but would not comment on their possible significance. "We are continuing our investigation and have no comment at this time," Boyle said.
The U.S. Department of Justice used the documents as part of its unsuccessful decade-long legal efforts to have Breyer stripped of his American citizenship and deported. The U.S. case centered upon issues such as whether Breyer had lied on his immigration papers and whether he had obtained U.S. citizenship through his American-born mother. That legal saga ended in 2003, with a ruling that allowed him to stay in the United States, mainly on the grounds that he had joined the SS as a minor and could therefore not be held legally responsible for participation in it.
The German investigation, by contrast, tries to prove that Breyer was a death camp guard, and the documents are now being used to support that case.
The dossier is now with prosecutors in the town of Weiden, near where Breyer last lived in Germany. The prosecutors are reviewing whether there is enough evidence to charge him with accessory to the murder of least 344,000 Jews as Schrimm's office has recommended, and have him extradited from the U.S.
For decades after the war, German prosecutors were only been able to convict former Nazi guards if they could find evidence of a specific crime. But with the case of former Ohio autoworker John Demjanjuk, the legal thinking changed: Prosecutors were able to successfully argue that evidence of service as a death camp guard alone was enough to convict a suspect of accessory to murder.
Demjanjuk always denied being a guard anywhere. He died in March while appealing his conviction on 28,060 counts of accessory to murder. Breyer, however, acknowledges that he served with SS Totenkopf guard units ? although not the one that served at Birkenau ? and was stationed both at Buchenwald, a concentration camp located in Germany, and Auschwitz.
"I didn't kill anybody, I didn't rape anybody ? and I don't even have a traffic ticket here," he told the AP in an interview at his home in northeastern Philadelphia in September. "I didn't do anything wrong."
He said he was aware of what was going on inside the death camp, but did not witness it himself. "We could only see the outside, the gates," he said. The interview was the only one Breyer has given to the media.
Breyer was born in 1925 in what was then Czechoslovakia to an ethnic German father and an American mother, Katharina, who was born in Philadelphia. Slovakia became a separate state in 1939 under the influence of Nazi Germany. In 1942, the Waffen SS embarked on a drive to recruit ethnic Germans there. Breyer joined at age 17 and was called up in 1943.
In testimony in 2002, he told the U.S. District Court in Pennsylvania that he had been sent to Auschwitz from Buchenwald in May 1944, then was given leave in August and returned home. He testified that he stayed in hiding in and around his home until the Soviet army closed in.
According to Breyer, the town's mayor provided him a letter asking for authorities to excuse his desertion because he had been needed on the family farm. Breyer testified that the letter worked with Nazi authorities, and that he was able to eventually rejoin his unit fighting outside Berlin in the final weeks of the war.
The documents, however, call his testimony into question, suggesting he was at Auschwitz through the rest of 1944 and into 1945, which would have meant he was there during the time some 426,000 Hungarian Jews were deported to Auschwitz, 320,000 of whom went directly into the gas chambers in Auschwitz-Birkenau.
A form from SS administrative authorities, filled out on Jan. 17, 1945 in Pressburg, which today is Bratislava, Slovakia, indicates that the previous day Breyer was there in person and applied for ? and was granted ? financial assistance for his parents' farm while he was away serving in the SS.
And it notes that Breyer at the time of the application was based at "Auschwitz 2."
In a 2002 case in the United States, the judge questioned the trustworthiness of the document ? noting among other things that the birthdates of both of Breyer's parents were wrong, and the size of his family farm was written down as double what it actually was. In his testimony, Breyer suggested the document was "a fraud."
But a court expert testified there was no evidence of a forgery. And U.S. federal prosecutors noted that Breyer's date of birth, date of induction into the SS, profession, parents' names and hometown are all correct. They also cited Breyer's first interrogation in 1991, when he told investigators he had gone home after "they granted me vacation end January '45" ? which fits with the timeline of the document.
In the current German case, Thomas Walther, a former prosecutor in Schrimm's office, said it was also plausible to think that Breyer would have made his parents seem older, and his farm larger, in order to bolster the case for receiving assistance.
If nothing else, he said, the document and other evidence raise enough suspicion for prosecutors to file charges.
"Where this evidence fits has to be decided at trial, regardless of what the U.S. judge said the German court needs to decide," said Walther, who is now in private practice and represents several family members of Jewish victims at Auschwitz who have joined the investigation as co-plaintiffs as allowed under German law.
Weiden prosecutor Gerhard Heindl, who is heading the current investigation, said he could not comment on any evidence.
Another document, an April 26, 1944 letter to the SS administration in Pressburg from the leader of the pro-Nazi Slovakian "Deutsche Partei," makes a case to have Breyer excused from his duties to help on his family's farm, noting that he was assigned at the time to the 8th Company of the SS Totenkopf in Auschwitz.
The 8th Company was stationed at Auschwitz II during the time Breyer is alleged to have been there, according to camp orders cited by Raul Hilberg in his book "The Destruction of the European Jews."
A U.S. Army intelligence file on Breyer, obtained by the AP, from a 1951 immigration background check also lists him as being with the SS Totenkopf in Auschwitz as late as Dec. 29, 1944 ? four months after he said he deserted. The Army Investigative Records Repository file was obtained by the AP from the National Archives through a Freedom of Information Act request.
"Clearly we can't say what the result will be at the end of a long presentation of evidence to a court ? that's not our job," Walther said. "But our contention is with this evidence the state prosecutors must file charges."
_____
Matt Moore contributed to this story from Philadelphia. Herschaft reported from New York
_____
David Rising can be reached at http//www.twitter.com/davidrising; Matt Moore at http//www.twitter.com/MattMooreAP; and Randy Herschaft at http://www.twitter.com/HerschaftAP
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FRIDAY, Dec. 28 (HealthDay News) For breast cancer patients prescribed tamoxifen to treat their disease, genetic traits affecting an enzyme in the liver are major players in determining the impact of the hormone therapy, new research suggests.
There?s been debate in the scientific world for years over the role of genetic differences in the enzyme, known as CYP2D6. An estimated 5 percent to 7 percent of European and North American women have a trait that prevents the enzyme from working properly.
?Our findings confirm that, in early breast cancer treated with tamoxifen, genetic alterations in CYP2D6 lead to a higher likelihood of recurrence and death,? Dr. Matthew Goetz, a Mayo Clinic oncologist and lead author of the study that reported the findings, said in a Mayo Clinic news release.
The researchers tracked two groups of women: postmenopausal women with primary estrogen receptor-positive breast cancer who received tamoxifen for five years, and those took got the drug for two years followed by another drug, anastrozole, for three years.
Among those who took tamoxifen for five years, those whose genetic makeup prevented the enzyme from being able to process things were 2.5 times more likely to die or have their cancer return than those whose enzymes worked normally, the investigators found.
However, genetic traits involving the enzyme didn?t seem to influence the fates of the women who switched to anastrozole, an aromatase inhibitor, after two years of tamoxifen, the study found.
?Switching from tamoxifen to an aromatase inhibitor may be one reason for the discrepant studies surrounding CYP2D6 and tamoxifen ? as information about whether a patient took an aromatase inhibitor after tamoxifen was not available in most of the prior studies,? senior author Dr. James Ingle, of the Mayo Clinic, said in the news release.
Goezt thinks the study findings confirm that women should switch from tamoxifen to an aromatase inhibitor, or avoid tamoxifen altogether, if tests show they have the genetic trait that limits the metabolizing process.
The study was released online in advance of publication in an upcoming print issue of the journal Clinical Cancer Research.
More information
For more about breast cancer, visit the U.S. National Library of Medicine.
Source: http://news.health.com/2012/12/28/genes-linked-to-effectiveness-of-tamoxifen-for-breast-cancer/
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