Stars salute MusiCares honoree Bruce Springsteen


LOS ANGELES (AP) — Be it concert or charity auction, Bruce Springsteen can bring any event to a crescendo.


Springsteen briefly took over auctioneering duties before being honored as MusiCares person of the year Friday night, exhorting the crowd to bid on a signed Fender electric guitar by amping up the deal. The 63-year-old rock 'n' roll star moved the bid north from $60,000 by offering a series of sweeteners.


"That's right, a one-hour guitar lesson with me," Springsteen shouted. "And a ride in my Harley Davidson sidecar. So dig in, one-percenters."


That moved the needle past $150,000. He added eight concert tickets and backstage passes with a bonus tour conducted by Springsteen himself. That pushed it to $200,000, but he wasn't done.


"And a lasagna made by my mother!" he shouted as an in-house camera at the Los Angeles Convention Center cut to his 87-year-old mother Adele Ann Springsteen.


And with an extra $250,000 in the musicians charity's coffers, Springsteen sat down and spent most of the evening in the unusual role of spectator as a string of stars that included Elton John, Neil Young, Sting, Kenny Chesney, John Legend, Faith Hill and Tim McGraw, Patti Smith, Jackson Browne took the stage two nights before the Grammy Awards.


"Here's a little secret about Bruce Springsteen: He loves this," host Jon Stewart joked. "There's nothing he'd rather do than come to Los Angeles, put on a suit ... and then have people talking about him like he's dead."


Alabama Shakes kicked things off with "Adam Raised A Cain" and over the course of the evening there were several interesting takes on Springsteen's voluminous 40-year catalog of hits. Natalie Manes, Ben Harper and Charlie Musselwhite played a stripped down "Atlantic City." Mavis Staples and Zac Brown put a gospel spin on "My City of Ruins." John added a funky backbeat to "Streets of Philadelphia." Kenny Chesney offered an acoustic version of "One Step Up."


Jim James and Tom Morello burned through a scorching version of "The Ghost of Tom Joad" that brought the crowd out of their seats as Morello finished the song with a fiery guitar solo. And Mumford & Sons took it the opposite way, playing a quiet, acoustic version of "I'm On Fire" in the round that had the crowd leaning in.


Legend offered a somber piano version of "Dancing in the Dark" and Young shut down the pre-Springsteen portion of the evening with a "Born in the USA" that included two sign-language interpreters dressed as cheerleaders signing along to the lyrics.


"John Legend made me sound like Gershwin," Springsteen said. "I love that. Neil Young made me sound like the Sex Pistols. I love that. What an evening."


Springsteen spoke of the "miracle of music," the importance of musicians in human culture and making sure everyone is cared for. And he joked that he somehow ended up being honored by MusiCares, a charity that offers financial assistance to musicians in need run by The Recording Academy, after his manager called up Grammys producer Ken Ehrlich to seek a performance slot on the show in a "mercenary publicity move."


In the end, though, he was moved by the evening.


"It's kind of a freaky experience, the whole thing," Springsteen said. "This is the huge Italian wedding Patti (Scialfa) and I never had. It's a huge Bar Mitzvah. I owe each and every one of you. You made me feel like the person of the year. Now give me that damn guitar."


He asked the several thousand attendees to move toward the stage — "Come on, it's only rock 'n' roll" — and kicked off his five-song set with his Grammy nominated song "We Take Care Of Our Own." At the end of the night he brought everyone on stage for "Glory Days."


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Follow AP Music Writer Chris Talbott: http://twitter.com/Chris_Talbott.


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Rosenthal: Chevrolet restores style to Impala name








Because a brand embedded in our subconsciousness can find a space in our garage, the Impala endures.


About 16 million Chevys named for an African antelope have hit the road since 1958. And even though the one you recently returned to the airport rental lot bore little resemblance the one whose "giddy-up" the Beach Boys sang of a half-century ago, General Motors is betting the bloodline still can claim hearts.


A revamped 10th-generation 2014 model is now on display at the just-opened 105th Chicago Auto Show as a prelude to its dealership debut in a few weeks, a bid to re-establish its good name.






"It's always been a great brand name," Russ Clark, director of Chevrolet marketing, said alongside one of the made-over Impalas on the Auto Show floor at McCormick Place. "In fact, when we did research on the name, we found Impala is one of the strongest in terms of consideration and favorable opinion of any name in the industry. A lot of that is heritage. A lot of it is the fact that people say, 'I know people who have had them, and everybody loved them.'"


The brand has been ubiquitous for decades, even if you don't remember the Beach Boys immortalizing the vintage growl of a "four-speed dual-quad Posi-Traction 409" or how Robert Blake's 1970s TV tough guy Baretta drove a rusted-out Impala from '66, the era when Chevrolet could move about 1 million Impala sedans and station wagons a year. My own first car was a four-door V-8 '72 Impala, a powerful and roomy hand-me-down whose weather-beaten body — like the brand's identity — clearly had seen better days by the late '70s and early '80s.


More recent Impalas have hardly been the stuff of song, and it's hard to imagine them inspiring nostalgia. They've been too dully utilitarian to be iconic.


Nonetheless, although sales have slowed, it has been the overall best-seller among big sedans. Three-quarters of those sales have been as fleet vehicles for corporate salespeople, government agencies and rental companies. That means the premium has been on space, reliability and keeping costs down rather than the kind of panache and extras that might foster pride of ownership.


The goal of this Impala overhaul in both four- and six-cylinder iterations — drafting on similar nameplate revivals for models such as Ford's Taurus, Dodge's Charger and Chrysler's 300 — is to flip that 75-25 ratio of fleet sales to retail on its head.


"It makes perfectly good sense on General Motors' part to finally put some style back in the Impala," auto industry analyst Art Spinella, president of CNW Research, explained. "If you have a great brand name, to almost toss it off, treat it as an orphan and send it off to the fleet sales department with bland styling and cheap interiors, that's a disgrace. What they've done is kind of salvage themselves with this.


"It's finally dawned on General Motors that you can sell a consumer car to fleets, but you can't sell a fleet car to consumers. You always keep fleet cars (looking) relatively obscure and you keep the price way down, and that's what General Motors had been doing for years to keep the (Impala sales) volume up. Now they're taking another look. I don't think they've necessarily gone far enough, but it's a step in the right direction."


To wander through the vast Auto Show, which runs through Feb. 18, is to be reminded of how deeply many of us connect to vehicles, starting as children playing with toy trucks and cars. There's a teenage rite of passage when car keys and a license expand the world. Certain makes and models mesh with what played on their radios, the places traveled in them, the stage of life they marked.


That emotional bond doesn't form so easily with a mere box with wheels.


"What was it that made us fall in love with cars in the first place?" Henrik Fisker, executive chairman and co-founder of high-end hybrid carmaker Fisker Automotive, asked the crowd at Thursday's Economic Club of Chicago luncheon. "It struck me that most of us, when we really start to get our heart pumping about cars, it's usually not the cars of today. It's usually the cars of the '50s and '60s."


Road salt, slush and rain were my old '72 Impala's kryptonite. In time, its front bench seat reclined like a La-Z-Boy whenever I hit the gas because the floor beneath had rusted through. Whatever my affection for the vehicle, I could see the road we were on — literally and figuratively — both looking ahead and glancing down.


Thirty years after I traded it in for a sporty red Pontiac with seats that reclined only how and when I wanted, I would not have expected my old flame to generate much heat.


Carmakers, like most marketers, know that even when a brand is disconnected from what it once represented, it still can resonate. The new Impala is neither the muscular car of old nor the generic conveyance of late. Yet Impala means something to would-be buyers, and good or bad, it gives them something to measure this latest version against.


"They have equity in the name and you never get rid of a brand that has a good reputation," Spinella said. "Some people will buy it because it's an Impala. Some people won't. But they'll look at it because it's an Impala and they remember the Impala. It's easier to reintroduce a name than to introduce a name nobody knows."


I can still remember driving around with my friends with no particular place to go, a song on the radio about a horse with no name. If there was a tune about a nameless car, I don't recall it.


philrosenthal@tribune.com


Twitter @phil_rosenthal






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Blizzard packing more than 2 feet of snow reaches East Coast









A powerful storm expected to bring driving winds and more than 2 feet of snow to the Northeast, along with the potential for coastal flooding, touched down early Friday morning, canceling thousands of flights in its wake.


Blizzard warnings were in effect from New Jersey through southern Maine, with Boston expected to bear the brunt of the massive storm that could set records. The day began with light snow and winds that were due to pick up with much heavier snowfall by afternoon.

Officials urged residents to stay home, rather than risk getting stuck in deep drifts or whiteout conditions.

Boston and surrounding communities said schools would be closed on Friday, and city and state officials told nonessential city workers to stay home. Businesses were urged to let staff work from home or shorten schedules.

"Accumulation is expected to be swift, heavy and dangerous," Massachusetts Governor Deval Patrick told reporters. "I am ordering all nonessential state workers to work from home (Friday). I am strongly urging private employers to take the same precautions." Officials across the region echoed his recommendations, telling residents to prepare for any power outages and consider checking on elderly or disabled neighbors who might need help.


In New York City, still not fully recovered from the effects of October's devastating Hurricane Sandy, officials said they had 1,800 Sanitation Department trucks equipped with snow plows ready to be deployed. In New Jersey, also hit hard by Sandy, state officials expected major coastal flooding, high winds, and possible blizzard conditions in the northeastern section of the state.








"This is a dangerous storm, and we ask motorists to be careful while driving. There is also the potential for downed trees and wires because of wind conditions," said Colonel Rick Fuentes, director of the New Jersey Office of Emergency Management. "(The) evening commute will be treacherous throughout much of New Jersey."

The National Weather Service, warning of a "major, maybe even historic, snowstorm," said Boston and much of New England could get up to three feet of snow on Friday and Saturday, its first heavy snowfall in two years. Winds could gust as high as 60 miles to 70 mph. If more than 18.2 inches of snow falls in Boston, it will rank among the city's 10 largest snowfalls. Boston's record snowfall, 27.6 inches, came in 2003.


Cities from Hartford, Connecticut, to Portland, Maine, were expected to see at least one foot of snow. Airlines have already canceled nearly 2,500 flights for Friday, according to website FlightAware.com, with the largest number of cancellations at airports in Newark, New Jersey; New York City; Chicago and Boston.


"This is really serious," said FOX CT meteorologist Joe Furey. "This is a storm that can cripple all of southern New England," Furey said. "A blizzard is not about the amounts of snow. A blizzard is about sustained winds or frequent gusts of 35 mph or higher over three hours or longer."


Boston's Logan International Airport warned that once the storm roars in, all flights would likely be grounded for 24 hours.

United Continental Holdings Inc, JetBlue Airways Corp and Delta Air Lines Inc all reported extensive cancellations.


ECHOES OF '78


For some in the Boston area, the forecast brought to mind memories of the blizzard of 1978, which dropped 27.1 inches, the second largest snowfall recorded in the city's history. That storm started out gently and intensified during the day, leaving many motorists stranded during the evening commute.

Dozens of deaths were reported in the region after that storm, many from people touching downed electric lines.

Officials warned of a high risk of extensive power outages across the region due to the combination of heavy snow and high winds. Residents were also at risk of losing heat at a time when temperatures would dip to 20 Fahrenheit (minus 7 Celsius).

Across the region, store shelves were picked clean of food and storm-related supplies such as shovels and salt as residents scrambled to prepare.

Some big employers said they were considering pleas by officials to let workers stay home, including State Street Corp, one of Boston's largest employers in the financial sector.


Reuters and the Hartford Courant





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Fed still gauging extent of hacker breach, FBI on case


Feb 7 (Reuters) - The U.S. Federal Reserve said on Thursday it was still working to determine the extent its computer systems had been breached by hackers, adding that the incident was the subject of a criminal probe by the Federal Bureau of Investigation.


"We are in the process of a comprehensive assessment to determine what information might have been obtained in this incident," said Federal Reserve spokesman Jim Strader. "We remain confident that this incident did not affect critical operations of the Federal Reserve."


The online intrusion, which has embarrassed the U.S. central bank and raised questions about the effectiveness of its security, was publicized on Sunday by activist group Anonymous.


The integrity of the Fed's systems is vital to ensure confidence in its ability to securely transmit highly confidential information, including communications about U.S. monetary policy and the banks that it supervises.


The Fed statement on Thursday was its first explicit acknowledgment that it did not yet know the extent of the security breach. Cyber-security specialists say it takes time to thoroughly investigate a stealthy intrusion by skilled hackers.


Anonymous claimed that it had published personal information from more than 4,000 U.S. bank executives gleaned from a password-protected Fed website.


The website, called the Emergency Communication System (ECS), exists to provide bank contact information in the event of a natural or other disaster. It is managed by the St. Louis Federal Reserve Bank.


A message sent by the Fed to ECS users and obtained by Reuters on Tuesday warned that personal information, including mobile and business telephone numbers, email and business addresses, had been obtained by the online intruders.


Strader said it was possible that more information might still be released by the hackers, but declined to spell out if data from a site other than the ECS had been obtained.


"This incident is the subject of an active criminal investigation with the FBI and we cannot comment further," he said.


The Fed also declined to comment on when the attack took place, how long it took for the breach to be discovered and what type of system or vulnerability was exploited.


A review by Reuters of the code on the ECS site home page shows it runs on ColdFusion, a program used to build websites that software maker Adobe Systems Inc patched in mid-January to repair several critical security flaws.


The company said hackers could take advantage of those bugs to break into computer systems, access restricted files and take control of affected servers. ((http://www.adobe.com/support/security/advisories/apsa13-01.html))


WARNINGS OF WEAKNESS


The Fed's inspector general recommended in a 2012 audit published in November that the central bank implement a security review process for third party systems located outside its system. The Fed was not immediately able to clarify if the ECS website breached by Anonymous fell in this category.


The information published by Anonymous so far has not ruffled feathers among the bankers affected.


"It hasn’t been much of a hassle," said Jo David Cummins, president and CEO of Community First Bank of the Heartland in Illinois. "The information that was on the contact system was the same thing that was on my business card, so it wasn’t like it was anything that could do any harm to me or the bank."


The hacking claim was made via Twitter over an account registered to OpLastResort, which is linked to Anonymous, a loosely organized group of hacker activists who have claimed responsibility for scores of attacks on government and corporate sites over the past several years.


OpLastResort is a campaign that some hackers associated with Anonymous have started to protest against the government's prosecution of computer prodigy Aaron Swartz, who committed suicide on Jan. 11.


Swartz was charged with using the Massachusetts Institute of Technology's computer networks to steal more than 4 million articles from JSTOR, an online archive and journal distribution service. He faced a maximum sentence of 31 years if convicted.


Cyber-security specialists said they assumed the Fed is under constant attack from hackers, including by state-sponsored online snoopers, and that most strikes go unreported.


In a rare admission, the Cleveland Fed confirmed in 2010 that it had been attacked online. Cleveland Fed spokeswoman June Gates said a test computer was compromised, but the hacker failed to access any Fed information. The incident came to light when the crime was prosecuted in a New York court in November 2010.


(Reporting by Alister Bull in Washington, Jim Finkle in Boston and Rick Rothacker in Charlotte, N.C.; Editing by Phil Berlowitz, Tim Ahmann and Andre Grenon)


((alister.bull@thomsonreuters.com)(+1-202-898-8329)(Reuters Messaging: alister.bull.thomsonreuters.com@reuters.net))



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Illini buzzer-beater upsets No. 1 Hoosiers, 74-72


CHAMPAIGN, Ill. (AP) — At this rate, no one will want to be No. 1.


Indiana became the fifth straight top-ranked men's college basketball team to lose, falling to unranked Illinois 74-72 on a buzzer-beater by Tyler Griffey on Thursday night.


The senior forward took an inbounds pass with 0.9 seconds to play and made a wide-open layup. And, just like that, the Hoosiers — who moved into the top spot by beating then-No. 1 Michigan just a few days ago — went down.


Indiana coach Tom Crean, whose team has been No. 1 for a total of seven weeks this season after opening there, doesn't know why the top spot is suddenly so hard to hang on to.


"I can't answer that. I'm not sure," Crean said. "I just know that these games are 40-minute games. We played at a high level for most of the game."


The Hoosiers (20-3, 8-2 Big Ten) were in charge until the final 3 1/2 minutes when the Illini (16-8, 3-7 Big Ten) finally put together a run to take and then retake the lead.


"I know this: When we turn the ball over, we're not very good," Crean said. "And the biggest difference tonight was 28 points off turnovers to our 16."


Hoosiers guard Jordan Hulls said flatly that the top rank had nothing to do with Thursday's loss, even for a team that some worried might be looking past unranked, slumping Illinois to a meeting Sunday with No. 10 Ohio State.


"We just didn't execute when we needed to," he said.


If Indiana falls from No. 1 on Monday, No. 2 Florida might not be a candidate to replace the Hoosiers after the Gators' loss this week to Arkansas. That could put No. 3 Michigan back on top if they can make it to Monday without a loss.


For the Hoosiers, nothing could have been worse than the way Thursday's game ended.


With 0.9 seconds, Griffey left defenders Cody Zeller and Christian Watford behind on an inbounds play from the baseline, took the pass from Brandon Paul and delivered the uncontested buzzer-beater.


The shot sent hundreds of students onto the court, though they waited as officials checked the replay to make sure the clock hadn't beaten Griffey. Once the basket was upheld, Paul and fellow guard D.J. Richardson hugged and teared up in relief.


Illinois had endured an awful run since starting 12-0. The Illini had since lost eight of 11 and fallen to 10th in the 12-team Big Ten.


Griffey, who had struggled as bad as any Illini player, seemed surprised at how easily the winning shot came.


"I just made a simple curl cut and left two guys behind me, and Brandon got off a heck of a pass," he said. "Zeller and Watford were both right in front of me and just kind of stayed there."


Crean said the play was a lot like the other breakdowns in the Hoosiers' game that let Illinois climb back from a 12-point halftime deficit.


"We didn't communicate," he said.


Indiana's loss drops them into a three-way tie for first in the Big Ten with Michigan and Michigan State. The win moves the Illini up into a ninth-place tie with Iowa but, more importantly, provides a potential lifeline ahead of a meeting Sunday at No. 18 Minnesota.


"It was good to get back to having that toughness and togetherness and trust that we needed," Illinois coach John Groce said.


Illinois also added a plank to what may be one of the oddest resumes of any team in the country trying to make the NCAA tournament. Illinois has lost to Purdue, Northwestern and twice to Wisconsin. But coming into Thursday night, the Illini had already beaten three teams now in the top 15: No. 6 Gonzaga, No. 10 Ohio State and No. 14 Butler.


Before Thursday, Illinois hadn't beaten a No. 1 team since a win over Wake Forest in 2004.


Richardson had 23 points for Illinois, Paul had 21 and Griffey finished with 14 points and eight rebounds.


Zeller led Indiana with 14 points, while Will Sheehey had 13, Watford 12 and Hulls 11.


Indiana shot 50 percent from the field (25 of 50), 52.9 percent from 3-point range (9 of 17) and 93 percent from the free throw line (13 of 14). The Hoosiers led by an eight- to 10-point margin for most of the second half.


When 6-foot-11 Nnanna Egwu fouled out with just under 5 minutes to play, Indiana appeared in control. Watford made both free throws and, at 69-59, the Illini looked done.


But Richardson went on a one-man run, first burying back-to-back 3-pointers and then hitting a midrange jumper on the run to tie it at 70 with 1:17 to play.


With the clock under 30 seconds and the game tied at 72, Indiana had the ball for what would have been a last shot but Victor Oladipo coughed up the ball. Richardson picked it up and tried a breakaway layup that Oladipo just swatted out of bounds to set up the final play.


Groce credited Richardson for providing a spark.


"I thought he was absolutely terrific on both ends of the floor," Groce said. "He battled, he fought."


Griffey was benched several weeks ago after a blowout loss at Wisconsin. On a team that had lost its shooting touch, the senior forward had especially struggled. And, though one of Illinois' bigger players at 6-9, he wasn't adding much to the inside presence the Illini desperately needed.


Groce said that, even after he benched Griffey, he never gave up on him.


"I just have told him numerous times here I believe in him," the first-year Illinois coach said. "I do."


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Southern diet, fried foods, may raise stroke risk


Deep-fried foods may be causing trouble in the Deep South. People whose diets are heavy on them and sugary drinks like sweet tea and soda were more likely to suffer a stroke, a new study finds.


It's the first big look at diet and strokes, and researchers say it might help explain why blacks in the Southeast — the nation's "stroke belt" — suffer more of them.


Blacks were five times more likely than whites to have the Southern dietary pattern linked with the highest stroke risk. And blacks and whites who live in the South were more likely to eat this way than people in other parts of the country were. Diet might explain as much as two-thirds of the excess stroke risk seen in blacks versus whites, researchers concluded.


"We're talking about fried foods, french fries, hamburgers, processed meats, hot dogs," bacon, ham, liver, gizzards and sugary drinks, said the study's leader, Suzanne Judd of the University of Alabama in Birmingham.


People who ate about six meals a week featuring these sorts of foods had a 41 percent higher stroke risk than people who ate that way about once a month, researchers found.


In contrast, people whose diets were high in fruits, vegetables, whole grains and fish had a 29 percent lower stroke risk.


"It's a very big difference," Judd said. "The message for people in the middle is there's a graded risk" — the likelihood of suffering a stroke rises in proportion to each Southern meal in a week.


Results were reported Thursday at an American Stroke Association conference in Honolulu.


The federally funded study was launched in 2002 to explore regional variations in stroke risks and reasons for them. More than 20,000 people 45 or older — half of them black — from all 48 mainland states filled out food surveys and were sorted into one of five diet styles:


Southern: Fried foods, processed meats (lunchmeat, jerky), red meat, eggs, sweet drinks and whole milk.


—Convenience: Mexican and Chinese food, pizza, pasta.


—Plant-based: Fruits, vegetables, juice, cereal, fish, poultry, yogurt, nuts and whole-grain bread.


—Sweets: Added fats, breads, chocolate, desserts, sweet breakfast foods.


—Alcohol: Beer, wine, liquor, green leafy vegetables, salad dressings, nuts and seeds, coffee.


"They're not mutually exclusive" — for example, hamburgers fall into both convenience and Southern diets, Judd said. Each person got a score for each diet, depending on how many meals leaned that way.


Over more than five years of follow-up, nearly 500 strokes occurred. Researchers saw clear patterns with the Southern and plant-based diets; the other three didn't seem to affect stroke risk.


There were 138 strokes among the 4,977 who ate the most Southern food, compared to 109 strokes among the 5,156 people eating the least of it.


There were 122 strokes among the 5,076 who ate the most plant-based meals, compared to 135 strokes among the 5,056 people who seldom ate that way.


The trends held up after researchers took into account other factors such as age, income, smoking, education, exercise and total calories consumed.


Fried foods tend to be eaten with lots of salt, which raises blood pressure — a known stroke risk factor, Judd said. And sweet drinks can contribute to diabetes, the disease that celebrity chef Paula Deen — the queen of Southern cuisine — revealed she had a year ago.


The National Institute of Neurological Disorders and Stroke, drugmaker Amgen Inc. and General Mills Inc. funded the study.


"This study does strongly suggest that food does have an influence and people should be trying to avoid these kinds of fatty foods and high sugar content," said an independent expert, Dr. Brian Silver, a Brown University neurologist and stroke center director at Rhode Island Hospital.


"I don't mean to sound like an ogre. I know when I'm in New Orleans I certainly enjoy the food there. But you don't have to make a regular habit of eating all this stuff."


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Marilynn Marchione can be followed at http://twitter.com/MMarchioneAP


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Alicia Keys, Bobby Brown perform at Will.i.am show


LOS ANGELES (AP) — Fergie may have been absent — but the Black Eyed Peas were joined by another female diva onstage: Alicia Keys.


Keys sang "Where Is the Love" with the pop-rap group at will.i.am's charity event Thursday night at The Avalon Hollywood in Los Angeles. British singer Estelle also sang Fergie's portion of "The Time (Dirty Bit)."


Will.i.am's TRANS4M benefit show — which assists his i.am.angel foundation — also featured Bobby Brown and Ludacris, who both earned roaring cheers from the crowd of several hundred.


Will.i.am. said at the end of the evening that he raised $3.3 million.


"We're having fun, but we're also collecting funds," he told the crowd.


Will.i.am introduced Grammy-winning Keys to the audience saying: "Are you ready for a strong woman?"


The R&B singer performed "Girl on Fire" and "Try Sleeping With a Broken Heart."


Brown sang his jams "Every Little Step" and "Tenderoni." He performed at the same event in 2011, as will.i.am and Taboo of the Peas worked as his background dancers. They did the same Thursday night.


He told will.i.am in between his set that he was proud of the musician and his charity work.


The Peas closed the night with the massive hit "I Gotta Feeling."


___


Online:


http://iamangelfoundation.org .


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Follow Mesfin Fekadu on twitter.com/MusicMesfin


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McDonald's January sales down 1.9%









McDonald's January comparable sales fell 1.9 percent, due to weakness in the Europe and Asia, the company said Friday. 

The Oak Brook-based burger giant warned during its fourth-quarter earnings release that sales at restaurants open more than one year would be down. But analysts polled by Consensus Metrix had expected a decline of 1.1 percent.

Of greatest concern to Wall Street, same store sales in Europe declined to 2.1 percent. The company cited particular weakness in Germany and France despite solid growth in the U.K and Russia. Europe is the chain's largest market.

Comparable sales fell 9.5 percent in McDonald's Asia Pacific Middle East and Africa division, for which the chain cited weakness in Japan, and declines in China, attributable to a calendar shift in the Chinese New Year, and the ongoing fallout from a poultry crisis.

In the U.S., comparable sales rose 0.9 percent. McDonald's cited popularity of its core menu and moving the grilled onion and cheddar burger onto the Dollar Menu.

Total sales rose in January 0.3 percent, or 0.7 percent adjusted for the impact of currency.

While McDonald's expects sales to improve later this year, the worst isn't over. The company said it expects a 3 percent hit to February sales as a result of a shorter month in 2013.

"While January's results reflect today's challenging environment and difficult prior year comparisons, I am confident that our unwavering commitment to delivering an exceptional restaurant experience will enhance our brand's relevance and drive long-term results," McDonald's CEO Don Thompson said in a statement.

eyork@tribune.com | Twitter: @emilyyork

Reuters contributed to this report.

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Ex-L.A. police officer suspected in cop killing, other slayings

A manhunt is under way for a double murder suspect, himself a former LAPD officer, after three officers were shot overnight, one fatally.









A massive manhunt is under way for a double murder suspect in California, himself a former Los Angeles police officer, after three cops were shot overnight, one fatally.


The suspect was already wanted for allegedly killing the daughter of a former Los Angeles Police Department captain as well as the woman’s fiance in Irvine, Calif., over the weekend.


The three new shootings occurred in Riverside County, Calif. One LAPD officer was grazed east of Los Angeles, in the area of Magnolia and the 15 Freeway in Corona, law enforcement sources said. Then sometime later, two Riverside Police Department officers were shot in Riverside. One of those officers died, sources said.








Police have launched a manhunt for the suspect, Christopher Jordan Dorner, 33.


Police said they are searching for Dorner, whose last known address is in La Palma, and said he drives a blue 2005 Nissan Titan pickup with California license 7X03191. He is described as a 6-foot tall African American man weighing about 270 pounds, with black hair and brown eyes.


Anyone with information is asked to call a tip line at (714) 724-7192.Irvine police on Wednesday night named  Dorner as the suspect in the double slaying in the parking lot of an upscale Irvine apartment complex Sunday. Officials warned that Dorner is armed and dangerous. Law enforcement sources said police have placed security at the homes of LAPD officials named in the manifesto and believe Dorner has numerous weapons.


In the online postings, according to the Los Angeles Times, Dorner specifically named the father of Monica Quan, the Cal State Fullerton assistant basketball coach who was found dead Sunday, along with her fiance, Keith Lawrence.


Randy Quan, a retired LAPD captain, was involved in the review process that ultimately led to Dorner’s dismissal.


A former U.S. Navy reservist, Dorner was fired in 2009 for allegedly making false statements about his training officer.


Dorner said in his online postings that being a police officer had been his life’s ambition since he served in the Police Explorers program. Now that had been taken away from him, he said, and he suffered from severe depression and was filled with rage over the people who forced him from his job.


Dorner complained that Quan and others did not fairly represent him at the review hearing.


“Your lack of ethics and conspiring to wrong a just individual are over. Suppressing the truth will leave to deadly consequences for you and your family. There will be an element of surprise where you work, live, eat, and sleep,” he wrote, referring to Quan and several others.


“I never had the opportunity to have a family of my own, I'm terminating yours,” he added.


Quan apparently served as Dorner’s representative, according to the manifesto. Of Quan, Dorner wrote: “He doesn't work for you, your interest, or your name. He works for the department, period. His job is to protect the department from civil lawsuits being filed and their best interest which is the almighty dollar. His loyalty is to the department, not his client.”


In the document, he threatens violence against other police officers.


“The violence of action will be high.... I will bring unconventional and asymmetrical warfare to those in LAPD uniform whether on or off duty,” Dorner wrote.


In his manifesto, Dorner seemed to allude to the Irvine slaying.


“I know most of you who personally know me are in disbelief to hear from media reports that I am suspected of committing such horrendous murders and have taken drastic and shocking actions in the last couple of days,” he wrote.


“Unfortunately,” he added, “this is a necessary evil that I do not enjoy but must partake and complete for substantial change to occur within the LAPD and reclaim my name.”


Quan, 28, and Lawrence, 27, had recently become engaged and moved into the condominium complex near Concordia University, where they had played basketball and received their degrees, authorities said. Lawrence worked as a campus officer at USC.


Dorner’s LAPD case began when he lodged a complaint against his field training officer, Sgt. Teresa Evans. He accused her of kicking a suspect named Christopher Gettler. An LAPD Board of Rights found that the complaint was false and terminated his employment for making false statements. He appealed the action.


He testified that he graduated from the Police Academy in February 2006 and left for a 13-month military deployment in November 2006.


“This is my last resort,” he wrote. “The LAPD has suppressed the truth and it has now led to deadly consequences.”


Dorner said it was the LAPD’s fault that he lost his law enforcement and Navy careers, as well as his relationships with family and close friends. Dorner wrote that he began his law enforcement career in February 2005 and that it ended in January 2009. His Navy career began in April 2002 and ended this month.


“I lost everything,” he said, “because the LAPD took my name and knew I was innocent.”


Los Angeles Times and KTLA





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Greenlight's Einhorn sues Apple, says has "cash problem"


(Reuters) - Fund manager David Einhorn's Greenlight Capital sued Apple Inc, saying the company needs to do more to unlock value for shareholders.


Einhorn, a well-known short seller, is long Apple shares and said in a television interview on Thursday that while he admires the company, it has a "cash problem" that it needs to fix.


Greenlight filed suit in federal court in New York to force Apple to modify a proposal in its proxy, which Greenlight believes does not conform to regulatory rules.


Greenlight said it is opposed to the proposal, No. 2 on Apple's proxy, which the firm said would remove Apple's ability to issue preferred stock from its charter.


In a filing with the U.S. Securities and Exchange Commission, Greenlight said it was "dissatisfied with Apple's capital allocation strategy."


Apple could not be immediately reached for comment.


In a CNBC interview, Einhorn said shareholders would be happy to received preferred stock with a 4 percent yield.


Calling Apple shares "utterly misvalued" at current levels, Einhorn said the company no longer needs to grow at the near-triple digit rates of the past.


In a statement, Greenlight said it spent part of 2012 in discussions with Apple on the idea of perpetual preferred stock, but that the company rejected it last September.


"We understand that many of our fellow shareholders share our frustration with Apple's capital allocation policies. Apple has $145 per share of cash on its balance sheet. As a shareholder, this is your money," Greenlight said in an open letter to other investors.


(Reporting By Ben Berkowitz; Editing by Gerald E. McCormick)



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