Israel bombards Gaza Strip with nearly 200 airstrikes

GAZA CITY, Gaza Strip — Israel bombarded the Hamas-ruled Gaza Strip with nearly 200 airstrikes early Saturday, the military said, widening a blistering assault on Gaza rocket operations to include the prime minister's headquarters, a police compound and a vast network of smuggling tunnels.

The new attacks, which Gaza officials say left 10 dead, followed an unprecedented rocket strike aimed at the contested holy city of Jerusalem that raised the stakes in Israel's violent confrontation with Palestinian militants and extended the battlefield.

Israeli aircraft also kept pounding their original targets, the militants' weapons storage facilities and underground rocket launching sites. They also went after rocket squads more aggressively. The military has called up thousands of reservists and massed troops, tanks and other armored vehicles along the border with Gaza, signaling a ground invasion could be imminent.

EPA

A Hamas security guard inspects the rubble of the destroyed office of Hamas Prime Minister, Sheikh Ismaeil Haneiya, in Gaza City today.

Militants, undaunted by the heavy damage the Israeli attacks have inflicted, have unleashed some 500 rockets against the Jewish state, including new, longer-range weapons turned for the first time this week against Jerusalem and the Tel Aviv heartland. Following those attacks, the military deployed an Iron Dome rocket defense battery in central Israel on Saturday. The system, devised precisely to deflect the Gaza rocket threat, was deployed two months earlier than planned, the Defense Ministry said.

Ten people, including eight militants, were killed and dozens were wounded in the various attacks early Saturday, Gaza health official Ashraf al-Kidra said. In all, 40 Palestinians including 13 civilians and three Israeli civilians have been killed since the Israeli operation began.

The violence has widened the instability gripping the Mideast. At the same time, revolts against entrenched regional regimes have opened up new possibilities for Hamas. Islamists across the Mideast have been strengthened, bringing newfound recognition to Hamas, shunned by the international community because of its refusal to recognize Israel and renounce violence.

A high-level Tunisian delegation, led by Foreign Minister Rafik Abdessalem, drove that point home with a visit to Gaza on Saturday. The foreign minister's first stop was the still-smoldering ruins of the three-story office building of Gaza's prime minister, Ismail Haniyeh of Hamas.

"Israel has to understand that there is an international law and it has to respect the international law to stop the aggression against the Palestinian people," Abdessalem told The Associated Press during a tour of Gaza's main hospital, Shifa, later Saturday. He said his country was doing whatever it can to promote a cease-fire, but did not elaborate.

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Jolly holiday shopping season already underway

Lilian Stoppa and Renata Rosa stepped out of Target in Midtown Miami with a cart piled high with holiday gifts.

Landing in Miami on Thursday morning for a five-day shopping spree, they already had spent $800 by mid-afternoon on presents for family members: toys for Rosa’s daughter, beauty items for Stoppa’s mother, plus lots of other stuff.

“This is just the start,” giggled Stoppa, 30, who works with Rosa, also 30, at a Sao Paulo telecom company. Their next stops: Sawgrass Mills, Aventura Mall and Bal Harbour Shops, if their money holds out. “We came to Miami to shop because it’s very much cheaper than in Brazil.”

Tourists like Stoppa and Rosa are exactly the reason retail experts predict Florida’s holiday shopping season will see its highest increase since the recession.

Across South Florida, stores are getting a head start on the holidays in hopes of cashing in. Sales are already underway everywhere from Neiman Marcus and Nordstrom, to Macy’s, Toys“R”Us and Anthropologie.

The Florida Retail Federation forecasts that Florida will see a 5.2 percent jump in holiday spending from $55 billion in 2011 to $58 billion this year, marking the highest percentage growth predicted since the economic slump began. Pre-recession, retail sales peaked at $54.3 billion in 2006.

“All of the indicators point to what we believe will be a very robust holiday shopping season,” said Florida Retail Federation President and Chief Executive Rick McAllister.

That also translates into more than 42,000 new retail jobs, he said.

Buoyed in large part by tourists and snowbirds, Florida is expected to outpace the nation in spending for the holiday season, as it did before the recession.

This year, the National Retail Federation is predicting holiday spending nationwide to rise 4.1 percent. On average, consumers are expected to spend about $750 each.

Economists point to strong consumer confidence as a major factor contributing to a stronger shopping season.

“By and large the consumer is very confident right now, and that usually leads to spending,” McAllister said.

Other indicators also point to a healthy season. ICSC, a trade association for the shopping center industry, this week released its ICSC-Goldman Sachs 2012 Holiday Spending Intentions Survey, which found that 19 percent of consumers plan to spend more, and 5 percent substantially more, on holiday gifts this year versus last year. It was the highest percentage of consumers reporting they intend to increase spending over the previous holiday season since ICSC began asking the question in 2004.

Retailers like West Elm are ready, beckoning gift givers. Stores are decked out with sparkly, eye-catching displays of items like candlesticks, ornaments and crystal paperweights.

“We’ve had lots of people shopping early, for several weeks,” said Ana Meza, an assistant manager at West Elm in Midtown Miami.

Without question, the holiday season is critical for retailers, a period when they typically generate 20 percent to 40 percent of the full year’s revenue.

This year brings an added bonus. With Thanksgiving falling early, the shopping season is stretched to 32 days, giving retailers more valuable time to rack up sales.

Shoppers like Jose Hernandez aren’t waiting for the last minute. Hernandez, who works as a civilian supervisor at the Naval Construction Battalion Center in Gulfport, Miss., and spends every other three months home in Miami, started his holiday shopping this week. He figures he spent $2,000 at Carter’s, GUESS, Marshalls and Target in Midtown, and plans to spend a total of $5,000 — up 40 percent from last year — before Christmas Day.

“The economy is going up,” said Hernandez, 44.

Yet experts say that many holiday revelers will avoid the stores all together, opting instead for online purchases.

Retail experts expect e-commerce to continue to post a dramatic increase this holiday season, up 15 percent. Though it still represents only about 5 percent of all shopping, online buying is the fastest-growing segment of the retail industry, McAllister said.

Many online sites are offering percentage discounts starting this weekend. Disney Store will offer a selection of “Magical Friday” deals on sale beginning Monday, at DisneyStore.com. Kohl’s is letting customers shop more than 500 “Early Bird specials” on Kohls.com starting Wednesday.

While apparel is expected to be the top category for purchases, gift cards are again projected to outsell any single article of merchandise. The National Retail Federation’s 2012 holiday consumer spending survey showed that 81.1 percent of shoppers will purchase at least one gift card, spending an average of $156.86 on them.

“Gift cards are the best invention ever,” said Jennifer Mayer, 44, a drug representative who has three daughters and lives in Miami Beach. “It’s not for everyone, but it’s great for those you don’t intimately know.”

This year, Mayer plans to buy gift cards at places like Starbucks, H&M, Forever 21 and Barnes & Noble.

“They’re great for bosses. They’re great for teenagers,” she said. “They’re a lifesaver.”

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Weather alert: Cool temperatures will stay into the weekend

Mild temperatures will continue into the weekend, with highs in the low-80s and lows in the mid-60s.

The weekend will remain partly cloudy, with a low chance of showers at 20 percent.

No advisories have been announced and wind will be low at 10 to 15 miles per hour each day.

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Sina banks on Weibo but weak fourth quarter guidance spooks investors

(Reuters) – Chinese Internet company Sina Corp said its fourth quarter will be hit by a softer economy and posted weaker-than-expected sales guidance, despite a stronger revenue contribution from its hot microblogging platform Weibo.

Shares in Sina fell 7 percent after it forecast adjusted net revenue of $ 132 million to $ 136 million in the current quarter, below analysts’ expectations for $ 151.9 million according to Thomson Reuters I/B/E/S.

Sina, which makes most of its revenue from online advertising both on its website and Weibo, is facing stiff headwinds as firms slash advertising budgets due to a worsening economic outlook.

“We are going to see a weaker quarter for advertising overall in the fourth quarter,” said Charles Chao, Sina’s chief executive on an earnings conference call. The firm forecast Q4 advertising revenues would rise 6-8 percent from a year earlier.

Chao said Weibo contributed 16 percent to total revenue in the third quarter, up from 10 percent in the previous quarter. The platform, which is very popular with white-collar workers, university students and celebrities, had 424 million registered users at the end of the quarter, up from 368 million three months earlier.

Advertisers, like luxury brands, that traditionally don’t advertise with Sina’s main portal website flocked to Weibo to test out the social platform, Chao said.

There were about 230,000 Weibo advertising accounts in the quarter, and Sina was in the process of rolling out a online payment system and new Weibo advertising product to increase monetization at the end of the fourth quarter.

“We believe a ‘promoted feed advertising’ will become one of the major forms of (Weibo) advertising going forward,” said Chao, adding that the product will be effective also on mobile platforms, allowing Sina to tap into Weibo’s growth on mobile devices.

Q3 PROFIT BEAT

For the third quarter, Sina’s net profit was $ 9.9 million compared with a loss of $ 336.3 million a year earlier, and slighly ahead of analysts’ expectations of $ 7.5 million.

Sina’s quarterly advertising revenue rose 19 percent to $ 120.6 million, while non-advertising revenue rose 9 percent to $ 31.8 million.

The company started monetizing Weibo by offering special services to business accounts and selling VIP memberships to regular users earlier this year.

For its mobile-value-added-services business, Sina said it expects revenue to continue to decline due to new regulatory policies.

The company was also affected by a spat between Japan and China over islands in the East China Sea as Japanese automakers cut back on advertising in China. Chao said he expected the impact to last into the fourth quarter.

“It did have an impact on our third quarter as well as our fourth quarter. We did see cancellations from customers related to Japanese automobiles in the month of September and it impacted the fourth quarter (too),” Chao said.

Sina shares fell 6.74 percent to $ 49.52 in extended trading. They closed at $ 53.10 on the Nasdaq on Thursday.

(Additional reporting by Aurindom Mukherjee in Bangalore; Editing by Sriraj Kalluvila and Richard Pullin)

Internet News Headlines – Yahoo! News

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Ben Stiller Honored by American Cinematheque at Annual Gala

Ben Stiller was honored by the American Cinematheque at their annual gala on Thursday night for his contributions to the film world, and as his fellow celebrity cohorts celebrated with him, they shared what his fans may be surprised to learn about him.

"I think he's maybe a little bit more reserved in person than people would...think," said fellow actor Martin Short, "but he's astoundingly accomplished and very, very smart."

VIDEO: First ET Interview: Ben Stiller

Unlike his begrudged character in the Meet the Parents series, Stiller's friends all mentioned his kindness and intelligence. As his Little Fockers co-star Laura Dern revealed, Stiller is also quite the athlete.

"[He's] hilarious and [a] tender dad and really fun to be on vacation with, and an amazing athlete," she praised of the 46-year-old actor.

Fellow comedic actor Eugene Levy also highlighted a serious side to Stiller that many fans wouldn't expect given his many film performances.

VIDEO: Ben Stiller Talks Improvisation in 'The Watch'

"I think Ben has a very serious side as a person, as I do," the American Pie actor said. "I think that some people might find it odd to think that when you're in comedy, you're [not] funny every second of the day."

Check out the full video above to hear Stiller's thoughts on receiving the honor as well as his friends' favorite Stiller movies.

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Schumer: Online lottery for Obama inaugural tix

Sen. Charles Schumer says New Yorkers who want to attend President Obama's second inauguration can enter a statewide online lottery for tickets.

Schumer says his office has set up a website to register, with a random drawing set for Dec. 14. The deadline to enter is Dec. 13 and the free tickets are provided only through congressional offices.

The ceremony will be Jan. 21, Martin Luther King Day, at the Capitol.

Schumer is chairman of the Joint Congressional Committee on Inaugural Ceremonies.

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FDA probing if deaths are linked to energy shots

WASHINGTON --
The Food and Drug Administration is investigating reports of 13 deaths possibly linked to so-called “energy shots” and cautioning consumers to talk to their doctors before they take them or other energy drinks.

The agency has received 92 reports that cite illnesses, hospitalizations and deaths after consumption of a product marketed as 5-Hour Energy. The FDA has also received reports that cited the highly caffeinated Monster Energy Drink in five deaths and one non-fatal heart attack.

Agency officials said the reports to the FDA from consumers, doctors and others don’t necessarily prove that the drinks caused the deaths or injuries, but said they are investigating each one.

In a statement, FDA officials said they will take action if they can link the deaths to consumption of the energy drink. Such action could include forcing the company to take the drinks, often found at convenience store checkout counters, off the market.

FDA spokeswoman Shelly Burgess said the agency is cautioning consumers that these “energy shots” or “energy drinks” are not alternatives to rest or sleep.

“If someone is thinking about taking one of these products, they should consult with their healthcare provider to ensure that there are no underlying or undiagnosed medical conditions that could worsen as a result of using them,” Burgess said.

The agency doesn’t individually regulate caffeinated drinks or supplements such as the energy shots but can take action if they are proven to do harm. Makers of caffeinated alcoholic drinks took those products off the market in 2010 after the FDA sent the companies warning letters saying that combinations of caffeine and alcohol in the drinks were a public health concern and could lead to alcohol poisoning, car accidents and assaults.

5-Hour Energy’s small size can also be dangerous to consumers with underlying conditions because it’s easier to take several of them or mix them with alcohol. Though it is liquid, the 5-Hour Energy “shot” is marketed not as a drink but as a dietary supplement. FDA regulations require supplement manufacturers themselves to be responsible for products’ safety.

A spokeswoman for the company that makes the product, Michigan-based Living Essentials, LLC, says 5-Hour Energy is a “compact-sized energy shot intended for busy adults — it is not an energy drink, nor marketed as a beverage.”

Elaine Lutz said the company is not aware of any deaths proven to have been caused by their product. She said the company’s website advises consumers to drink no more than two bottles of the shots per day, spaced several hours apart, and for new consumers to drink half a bottle to start.

The New York Times first reported that 13 deaths were linked to 5-Hour Energy.

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Six cows shot in the face and rump; angry neighbor accused

A Florida man is in trouble after six cows were shot in the face in Flagler County.

Justin Deloach is responsible, according to the state attorney’s office.

Two of the six Bunnell cows were badly injured, according to WESH.com.

Deloach told authorities he fired into the air to scare the animals after the cows broke through a fence and ate his horse feed.

But the bullets hit the cows in the face, rump and ribs and bled all over the field.

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Texas Instruments cuts 1,700 jobs, winds down tablet chips

NEW YORK/SAN FRANCISCO (Reuters) – Texas Instruments is eliminating 1,700 jobs, as it winds down its mobile processor business to focus on chips for more profitable markets like cars and home appliances.

Texas Instruments said in September it would halt costly investments in the increasingly competitive smartphone and tablet chip business, leading Wall Street to speculate that part of the company’s processor unit, called OMAP, could be sold.

The layoffs are equivalent to nearly 5 percent of the Austin, Texas-based company’s global workforce.

“A sale would have been better than a restructuring but a restructuring is certainly better than nothing,” Sanford Bernstein analyst Stacy Rasgon said.

TI has been under pressure in mobile processors, where it has lost ground to rival Qualcomm Inc. Leading smartphone makers Apple Inc and Samsung Electronics Co Ltd have been developing their own chips instead of buying them from suppliers like TI.

Instead of competing in phones and tablets, TI wants to sell its OMAP processors in markets that require less investment, like industrial clients like carmakers.

TI is expected to continue selling existing tablet and phone processors for products like Amazon.Com Inc‘s Kindle tablets for as long as demand remains, but stop developing new chips.

“This year, the Kindle runs on the OMAP 4 and next year’s Kindle is slated, we believe, for OMAP 5. We believe that program is well along to completion and do not expect that the termination of OMAP will disrupt those plans,” said Longbow Research analyst JoAnne Feeney.

Amazon had reportedly been in talks to buy the mobile part of OMAP.

TI said it expects to take charges of about $ 325 million related to the job cuts and other cost reduction measures, most of which will be accounted for in the current quarter. Its previously announced financial targets for the fourth quarter do not include these costs, TI said.

The company, which has 35,000 employees around the world, expects annualized savings of about $ 450 million by the end of 2013 from the action.

TI shares rose to $ 29 in after-hours trading after closing at $ 28.76, down 2 percent on Nasdaq.

(Reporting By Sinead Carew in New York and Noel Randewich in San Francisco; editing by Carol Bishopric)

Tech News Headlines – Yahoo! News

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Anderson Cooper Andy Cohen Gummy Python

ETonline's Jarett Wieselman had the pleasure of being Anderson Live's guest blogger of the day on November 14, a morning that delivered more than its share of laughs as Anderson Cooper's co-host, and B.F.F., Andy Cohen dished about Madonna concerts, the longevity of Psy, crazy-long Gummy Worms, Doomsday preparedness and the delicacies available at joint Olive Garden/Red Lobster restaurants.

VIDEO - On The Set of Anderson Live

And while you can watch all of those segments here, you can not find out anywhere else what happened during the commercial breaks!

As the pre-taped Adam Levine interview aired, Cohen and Cooper took turns posing for photos with audience members, autographing their respective books (plus one woman's girdle!) and participating in an impromptu Q&A session!

VIDEO - Anderson Cooper Loses It -- Again!

The audience questions covered everything from the guy's mothers (both are doing great, for the record) to Cohen's dream Real Housewives All Stars cast (Atlanta's NeNe Leakes, Jersey's Teresa Giudice, Beverly Hills' Lisa Vanderpump, New York's Ramona Singer & Miami's Adriana De Moura). One woman in particular got oodles of personal details out of the guys -- most notably about their endlessly intriguing circle of friends, which includes Sarah Jessica Parker, Kelly Ripa and Mark Consuelos.

When asked how they all met, Cooper said his introduction to Ripa came when he hosted Live! while Cohen met her at a party. As for the two guys, Cooper first said they were introduced decades ago when both were working in news, which drew a curious look from Cohen. "Is that what you're doing with?" he asked. That's when we learned the two guys were set up on a date years ago only to discover they had nothing in common before the date even began. "He's not my type," Cooper laughed.

Check out a delightful clip from yesterday's show above and click here to find out when Anderson Live airs in your area!

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