Hostess, union fail to reach deal









Hostess Brands Inc, the bankrupt maker of Twinkies and Wonder Bread, said on Tuesday that it failed to reach a deal in mediation with the Bakery, Confectionary, Tobacco and Grain Millers Union.

The company, which operates three facilities in Illinois, including in Schiller Park and Hodgkins, said it will have no further comment until a hearing scheduled for Wednesday before the U.S. Bankruptcy Court for the Southern District of New York.

A representative of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) did not immediately respond for comment.

The ailing company, which also makes Wonder Bread and Drake's cakes, went to bankruptcy court on Monday to seek permission to liquidate its business, claiming that its operations were crippled by the bakers' strike and that winding down was the best way to preserve its dwindling cash.

But Bankruptcy Judge Robert Drain of the Southern District of New York urged the sides into a private mediation, prompted by a desire to protect the more than 18,000 jobs at stake.

The 82-year-old Hostess runs 33 bakeries, 553 distribution centers, about 5,500 delivery routes and 527 bakery outlet stores throughout the United States. Bakery operations ceased last week, though product deliveries to stores continued in order to sell already-made products.

The company has blamed union wages and pension costs for contributing to its unprofitably. Hostess Chief Executive Gregory Rayburn has also said the company's labor contracts have deterred would-be bidders for the company and its assets.

Aside from its unionized workforce, analysts, bankers and restructuring experts have said that a fleet of inefficient and out-of-date factories has also eaten up costs. They have said the brand names were likely to be more valuable once they were separated from the factories and sold to non-union competitors.



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1st quarter: 49ers 10, Bears 0








The immediate futures of the Chicago Bears and San Francisco 49ers were in the hands of backup quarterbacks after first Jay Cutler and then Alex Smith were ruled out of Monday night’s pivotal NFC battle at Candlestick Park because of concussions.


Second-year man Colin Kaepernick, starting for the 49ers in place of Smith, looked good early. He hit tight end Vernon Davis on a three-yard touchdown pass to put San Francisco ahead 10-0 with 6:14 to play in the first quarter. The TD was set up when Kaepernick connected with receiver Kyle Williams -- son of White Sox executive Ken Williams -- on a 57-yard pass play.


Kaepernick also sparkled on the game's opening drive. He directed a nine-play, 68-yard march that resulted in a 32-yard David Akers field goal and a 3-0 lead with 10:37 to play in the quarter.

Veteran Jason Campbell was informed he would have the starting nod for the Bears midway through last week. His first drive wasn't so successful: a three-and-out that ended with Campbell being sacked on a third-and-2 play.


The stakes for the Bears were high: With the Green Bay Packers (7-3) nipping at the Bears’ first-place standing in the NFC North, Monday night’s outcome took on added ramifications.

The last time the Bears beat the 49ers in San Francisco, Mike Ditka was the coach, Walter Payton was leading the ground attack and 350-pound defensive tackle William Perry was unveiled as a backfield threat. The Bears were 0-7 at San Francisco since then.

Times have changed since that 26-10 Bears win in 1985, but the stakes remain just as high.

Bears offensive coordinator Mike Tice knew he would be challenged to devise plays that exploited Campbell’s strengths and created a healthy balance that would showcase running back Matt Forte.

“He has played before ... watching him in practice he brings tremendous poise and leadership to the guys. The guys have rallied around him,” Tice said of Campbell. “He has had two good, rhythmic days of practice. I like the things he’s doing. Certainly he has his thoughts on things that he likes in the plan and things that he doesn’t like in the plan. As always, we try to communicate with our players as best we can to make sure we’re out there trying to call things that they feel good about, that they can execute properly. We probably just haven’t called enough of those type things."
 
The Bears entered Monday night’s game 2-2 in prime-time games this season. Both of those wins were on "Monday Night Football" against Dallas and Detroit.
 
Under coach Lovie Smith, the Bears entered 9-2 (.818) on "Monday Night Football," including wins in seven out of their last eight.
 
The Bears were 7-3 last season when Cutler went down with a broken right thumb. With Caleb Hanie and Josh McCown at quarterback, the Bears lost five of their last six to finish 8-8 and out of the playoffs.
 
“Last season, I remember, I was at Oakland,” Campbell said earlier this week. “Similar situation. We were having a winning season, I break my collarbone. And then Chicago comes to us to play us and I was at that game when it was pretty much a field goal blast. So, I understand the importance of it. At the same time, you know, it comes in a situation where it is the tough part of our season. You know, like I said, it’s the San Francisco 49ers and we just got to be ready. I understand a year ago what happened. I do know that. At the same time, I’ve got to do what I got to do.”
 
Smith said he was more confident this year with Campbell as a veteran backup to Cutler.

“We didn't handle last year well,” Smith said. “Of course, it's documented we didn't. That's why we went out and we felt like we've upgraded the position. I know guys have a lot of confidence in Jason. He's played a lot of football, started a lot of games. So we're hopeful.”

fmitchell@tribune.com

Twitter@kicker34






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Aussie rockers AC/DC’s music to be sold on iTunes
















NEW YORK (Reuters) – AC/DC‘S entire catalogue, including 20 studio and live albums and three compilations will be available on iTunes for the first time worldwide, Columbia Records and Apple said on Monday.


Until now the Australian heavy metal group that was formed by two brothers, Angus and Malcolm Young, in 1973, had refused to put their music on Apple Inc’s online music store.













“AC/DC’s thunderous and primal rock and roll has excited fans for generations with their raw and rebellious brand of music, which also resonates with millions of new fans discovering AC/DC everyday,” Columbia Records and Apple, said in a statement announcing the deal.


“Their growing legion of fans will now experience the intensity of AC/DC’s music in a way that has never been heard before,” they added.


The group’s 1976 debut album “High Voltage,” its classic “Back In Black” and 2008′s “Black Ice” are among the albums available on iTunes.


All the of music has been mastered for iTunes and fans can download entire albums or individual songs.


(Reporting by Patricia Reaney; editing by Paul Casciato)


Music News Headlines – Yahoo! News



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Really?: The Claim: Eye Problems Can Cause Headaches in Children

Really?

Anahad O’Connor tackles health myths.

THE FACTS When a child complains of frequent headaches, many pediatricians order an eye exam. “In some pediatric ophthalmology practices, it’s a daily occurrence,” said Dr. Zachary Roth, a resident in ophthalmology at Albany Medical Center in New York.

Often, a child may experience headaches while reading or doing schoolwork, leading parents to think the child needs glasses. But are eye problems really a cause of childhood headaches?

In a recent study, Dr. Roth and his colleagues examined 158 children under age 18 who were referred to ophthalmologists for frequent headaches. Then, they evaluated the children’s medical records and looked at the results of earlier vision exams.

Ultimately, the researchers could not find any significant link between headaches and diagnoses of vision problems. In three-quarters of the subjects, the headaches went away over time, both in those who received new glasses and those who did not.

The study, which was presented at a recent American Academy of Ophthalmology conference, was not designed to look for causes of the headaches. But there were “quite a few” children with family histories of migraine, Dr. Roth said. Sinus problems and stress headaches also appeared to be common issues, he added.

“I think the take-away message is that it’s very unlikely for headaches to be caused by an eye problem,” he said. “The experience of all the ophthalmologists we talked to is that it almost never seems to be related to the eyes, so it’s probably more fruitful to investigate other causes.”

THE BOTTOM LINE Vision problems are often blamed for childhood headaches, but in reality, the two are rarely related.

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Best October in 6 years for area home sales









The Chicago area's housing market last month regained the momentum it lost in September, resulting in more homes being sold than in any October since 2006.

Sales of existing single-family homes and condominiums in the nine-county Chicago area totaled 8,326 properties in October, according to figures released Monday by the Illinois Association of Realtors. While below some of the monthly sales totals recorded earlier in the year, the volume was an increase of 11.3 percent over September and 44.1 percent higher than the 5,776 homes sold in October 2011.

Within the city of Chicago, 2,009 homes were sold in October, an improvement of 8.8 percent over September and up 53.1 percent from October 2011. Condos accounted for 60 percent of the city's sales volume.

The strong sales continue to remove excess inventory for the market, which is necessary before price appreciation can truly begin. The number of homes listed for sale is at its lowest point in five years, according to Midwest Real Estate Data LLC, the local multiple listing provider. 

Meanwhile, the number of pending home sales in the Chicago area, meaning properties that are under contract but the sales have not yet closed, totaled 10,364 in October, the highest it's ever been except for April 2010 when home sales were affected by federal homebuyer tax credit programs.

For the Chicago area as a whole, the median price of a home was $153,000, the lowest it's been since March but still ahead 2.1 percent from October 2011's $149,900.  Among local counties, DuPage County was one of those that saw double-digit, year-over-year monthly appreciation, rising 11.4 percent in October, to $195,000.

Within the city, the median price rose to $175,000, up 8 percent from a year ago but again, the lowest monthly price recorded since March. In the condo market, the median price fell 8.7 percent from September, to $210,000. However, that sum was a 13.5 percent increase from October 2011.

Last month, 43 percent of sales within the city were either foreclosures or short sales.


The median is the point at which half the homes are sold for more and half for less.

"There's a great deal of end-of-the year excitement," said Zeke Morris, president of the Chicago Association of Realtors. "Typically our numbers are down in the fourth quarter but we're beginning to catch up to other markets in Illinois."

Geoffrey J.D. Hewings, a University of Illinois economist, attributed the improved sales performance to a slowly improving economy, stronger consumer confidence and continued low mortgages rates.

The monthly average commitment rate for the benchmark 30-year, fixed-rate mortgage in the Chicago area was 3.36 percent in October, compared with 3.49 percent in September and 4.07 percent in October 2011, according to the Federal Home Loan Mortgage Corp. Last week, Freddie Mac said average mortgage rates hit a new all-time low in its weekly survey, of 3.34 percent for a 30-year, fixed rate mortgage.

mepodmolik@tribune.com | Twitter @mepodmolik



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Notre Dame No. 1 in BCS standings for first time


























































As the traditional "#1" sign shines above Grace Hall on Notre Dame's campus, the BCS standings made it official: The Irish are one win from a national championship berth.

Notre Dame is No. 1 in the BCS standings for the first time in school history, as revealed Sunday night. And with a win over USC and little other commotion along the way, the Irish all but assuredly would play the winner of the SEC championship game for the crystal ball trophy in January.

"Now we don't have to answer the questions about style points or politics or anything like that," Irish coach Brian Kelly said earlier Sunday. "We get a chance to play for the national championship provided we win this week."

Notre Dame took over at No. 1 in the BCS rankings with an average of .9973, followed by Alabama at .9333 and Georgia at .8763, at No. 2 and No. 3 respectively. In all likelihood, Alabama and Georgia will meet in the SEC title game and determine one of the national title participants.

Florida and Oregon rounded out the top 5, on the outside looking in for the moment.

"There's clearly a sense of pride and accomplishment that our football team is winning games," Kelly said. "I think that's what we're more focused on -- not on the No.1 but the consistency of our program is really what I think there's a lot of pride in."

bchamilton@tribune.com

Twitter @ChiTribHamilton




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Singing stars arrive for American Music Awards
















Pink on a song with Lauryn Hill? The pop star hopes so.


Pink said on the red carpet of the American Music Awards that she’d like to collaborate with the acclaimed singer-rapper.













Cyndi Lauper said her musical playlist includes Pink, Nicki Minaj and Carly Rae Jepsen‘s “Call Me Maybe.” Boy band The Wanted is excited to see “Gangnam Style” star PSY and Colbie Caillat wants to watch No Doubt rock the stage.


The stars walking the red carpet before the AMAs were ready to take their seats as fans. Arrivals included Taylor Swift, 50 Cent, Gloria Estefan, Ludacris, Kelly Rowland, Lady Antebellum, J. Cole, Luke Bryan, the Backstreet Boys and Linkin Park.


“What makes the American Music Awards special is the fans choose the winning artists,” said Chester Bennington of Linkin Park, who is nominated for favorite artist alternative rock and will perform at the show.


Carrie Underwood arrived in a magenta dress and Kerry Washington was in a banana Stella McCartney number Sunday. Heidi Klum and Ginnifer Goodwin were also on the scene.


Along with Rihanna, Minaj is the top nominee at Sunday’s American Music Awards, but the rapper-singer isn’t concerned with her four nominations.


“I don’t do music for awards,” the 29-year-old said in an interview. “It’s so crazy because people always have to remind me that I’m nominated for an award when I go to award shows.”


“I know they’re going to come. I’m sitting here looking at my awards right now,” she continued with a laugh. “I never stress it. I think of myself as ‘I’ll have a career long enough to get all those different awards.’”


In the pop/rock category, Minaj is up for favorite female artist and album for “Pink Friday: Roman Reloaded.” She’s also nominated for favorite artist and album in the hip-hop/rap category, two awards she won last year.


Minaj isn’t up for the night’s top award, though. Rihanna, Maroon 5, Drake, Katy Perry and Justin Bieber will battle it out for artist of the year.


But the American Music Awards are all about performances, and Sunday’s show will be no exception. Taylor Swift and Carrie Underwood will perform. Justin Bieber will share the stage with Minaj. Ludacris and Chris Brown will perform with Swizz Beatz. And Stevie Wonder is set to provide the soundtrack for a tribute to the late Dick Clark.


“I’m really going there to perform ‘Freedom,’” Minaj said of her new single. “I’m very, very proud of the record and I’m happy that people are going to get to hear it. I’m performing a hip-hop song on the AMAs, and I think . that’s just a big look for hip-hop.”


Rae Jepsen, Kelly Clarkson and Usher are also among those set to sing during the three-hour program, which is to be broadcast live on ABC.


Other multiple nominees include Usher, Bieber, Drake, Maroon 5 and One Direction, who have three nods each. Perry, Underwood, Brown, Clarkson, Pitbull, fun., Gotye, J. Cole and Luke Bryan are all double nominees.


American Music Awards nominees were selected based on sales and airplay, and fans chose the winners by voting online.


The 40th anniversary show will also include the tribute to Clark, its creator.


“Dick changed the face of music back in the late ’50s,” producer Larry Klein said. “Dick is the one who made rock ‘n’ roll acceptable to come into people’s homes… We’re paying tribute to Dick because of the legacy that he’s left everybody and also the creativity of what he did on this show.”


___


AP Entertainment Writer Sandy Cohen contributed to this report from Los Angeles. Follow (at)APSandy’s American Music Award updates at www.twitter.com/APEntertainment.


___


Online:


http://beta.abc.go.com/shows/american-music-awards


Entertainment News Headlines – Yahoo! News



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Daniel Stern, Who Studied Babies’ World, Dies at 78


Dr. Daniel Stern, a psychiatrist who increased the understanding of early human development by scrutinizing the most minute interactions between mothers and babies, died on Nov. 12 in Geneva. He was 78.


The cause was heart failure, said his wife, Dr. Nadia Bruschweiler Stern.


Dr. Stern was noted for his often poetic language in describing how children respond to their world — how they feel, think and see. He wrote one of his half-dozen books in the form of a diary by a baby. In another book, he told how mothers differ psychologically from women who do not have children. He coined the term “motherese” to describe a form of communication in which mothers are able to read even the slightest of babies’ emotional signals.


Dr. Stern, who did much of his research at what is now Weill Cornell Medical College and at the University of Geneva, drew inspiration from Jay S. Rosenblatt’s work with kittens at the American Museum of Natural History in the 1950s. Dr. Rosenblatt discovered that when he removed kittens from their cage, they made their way to a specific nipple of their mother’s even when they were as young as one day old. That finding demonstrated that learning occurs naturally at an exceptionally early age in a way staged experiments had not.


Dr. Stern videotaped babies from birth through their early years, and then studied the tapes second by second to analyze interactions between mother and child. He challenged the Freudian idea that babies go through defined critical phases, like oral and anal. Rather, he said, their development is continuous, with each phase layered on top of the previous one. The interactions are punctuated by intervals, sometimes only a few seconds long, of rest, solitude and reflection. As this process goes on, they develop a sense that other people can and will share in their feelings, and in that way develop a sense of self.


These interactions can underpin emotional episodes that occur years in the future. Citing one example in a 1990 interview with The Boston Globe, Dr. Stern told of a 13-month-old who grabbed for an electric plug. His alarmed mother, who moments before had been silent and loving, suddenly turned angry and sour. Two years later, the child heard a fairy tale about a wicked witch.


“He’s been prepared for that witch for years,” Dr. Stern said. “He’s already seen someone he loves turn into something evil. It’s perfectly believable for him. He maps right into it.”


Dr. Stern described such phenomena in 1985 in “The Interpersonal World of the Infant,” which the noted psychologist Stanley Spiegel, in an interview in The New York Times, called “the book of the decade in its influence on psychoanalytic theory.”


In recent years, Dr. Stern ventured beyond childhood development to examine the psychology of how people thought about time. In one experiment, he interviewed people in depth about a single brief moment at breakfast and found that it took them a full hour to describe all that went through their minds in 30 seconds. This resulted in the 2004 book “The Present Moment: In Psychotherapy and Everyday Life,” which called for people to appreciate every moment of experience and discussed the nature of memory.


In 2010, he published “Forms of Vitality: Exploring Dynamic Experience in Psychology, the Arts, Psychotherapy and Development,” which used new understandings of neuroscience to explain human empathy.


Dr. Stern, who wrote hundreds of scientific articles, also painted, wrote poetry and had friendships with important artists. He gave Jerome Robbins, the choreographer, the title for his “Dances at a Gathering.” His friend Robert Wilson, the avant-garde director and playwright, said Dr. Stern’s slow-motion baby films helped inspire his seven-hour “silent opera,” “Deafman Glance.”


“So many things are going on, and the baby is picking them up,” Mr. Wilson said.


Daniel Norman Stern was born in Manhattan on Aug. 16, 1934. He graduated from Harvard and completed his medical degree at the Albert Einstein College of Medicine. After conducting psychopharmacology research at the National Institutes of Health in Bethesda, Md., he did his residency in psychiatry at the Columbia University College of Physicians and Surgeons. He later trained as a psychoanalyst at the Center for Psychoanalytic Training and Research at Columbia.


Dr. Stern is survived by his wife, a physician who collaborated on much of his research; two sons, Michael and Adrien; three daughters, Maria, Kaia and Alice Stern; a sister, Ronnie Chalif; and 12 grandchildren.


Dr. Stern pointed out how the evolution of the human body bolstered mother-child interaction. He noted that the distance between the eyes of a baby at the breast and the mother’s eyes is about 10 inches, exactly the distance for the sharpest focus and clearest vision for a young infant.


“Her smile exerts its natural evocative powers in him and breathes a vitality into him,” he wrote. “It makes him resonate with the animation she feels and shows. His joy rises. Her smile pulls it out of him.”


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Investors rush in to rent out foreclosures









The foreclosed home on Kenmore Street in Aurora was an outdated, unkempt eyesore until crews arrived this fall, performing thousands of dollars of work to make it attractive and modern, inside and out.


But it wasn't until workers walked across the street to ask for some water that neighbors Mario Cervantes and Oralia Balderas-Cervantes learned that a corporation, not a consumer, had bought the house, intending to turn it into a rental property. Despite being landlords themselves, the couple aren't sure they like the idea.


"If it's going to be a company that is watching out for the community, yes," Cervantes said. "If it's going to be a company that is watching out for themselves, no."





Added Balderas-Cervantes: "I'd rather see a homeowner. A lot of renters don't care. It's like renting a car versus buying a car. It's different."


Similar scenarios and concerns are unfolding across Chicago and in other markets hard-hit by the housing crisis. Well-capitalized, out-of-town private equity funds are scouring neighborhoods, paying cash for distressed single-family homes and renting them out. The opportunities are plentiful, enabling investment groups to profit from low home prices, rising rents and an increase in the number of potential renters.


The transactions are returning vacant properties to active use. But they also are stoking fears among neighbors and municipalities about the long-term effect of large, private investors — including many that are operating under the radar — in their communities.


"This scares the hell out of me," said Ed Jacob, executive director of Neighborhood Housing Services of Chicago Inc. "In this rush to say this is a new asset class, are we creating the next community development problem?


"You talk to them and it's all about neighborhood recovery. They all have the narrative down."


In April, housing research firm CoreLogic named the Chicago area one of the better housing markets for institutional investor funds. It cited the area's large number of foreclosures, which will increase the number of vacant homes, and the estimated rental income relative to the low cost of acquisition.


The general strategy of the companies is the same: buy low, make the necessary upgrades, fill them with tenants and then sell the homes in three to seven years. With companies and analysts anticipating projected returns of at least 8 percent, there also is talk of creating publicly traded real estate investment trusts.


"What this reminds me of is the dot-com boom," said Rick Sharga, executive vice president of Carrington Mortgage Holdings LLC, a California firm whose asset management arm is actively looking in the Chicago market. "That's what this feels like. Every investor in America wants to buy foreclosures and turn them into rentals."


Two statistics increasing that appetite are the homeownership rate and rental rates. Foreclosures, tight lending conditions and wary consumers have pushed down the nation's homeownership rate to 65.5 percent at the end of September, according to census data. Meanwhile, the percentage of vacant rental units has been on a steady decline since 2010 as more people opt for leases rather than mortgages.


Tighter inventories are pushing up rents. As of October, annualized rents in Chicago were up 7.7 percent, more than the national increase of 5.1 percent, online real estate site Trulia found.


But investors aren't flocking to all neighborhoods equally. Most want homes in desirable neighborhoods with strong area employment. They also look at the strength of local rules protecting landlords in disputes with tenants.


After vetting the tenant and securing a lease, property managers say they routinely drive by the homes and sometimes schedule inside inspections to protect their investment.


Weighing risks, rewards


It remains to be seen whether their expectations will be met. One problem with the business model is there's no performance track record to speak of. And as housing prices slowly recover, acquisition costs also will increase and cut into returns.


There also isn't any history on property management firms tasked with overseeing so many scattered-site rental properties. Any well-publicized mistakes involving poorly maintained properties or wronged tenants could taint investors' reputations.


That's one reason why big-name players are likely to avoid buying in neighborhoods where they fear a greater chance of eviction proceedings occurring.


"You make one mistake in those properties and you'll be toast," Sharga said.





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Summary: A look at the 4 new Kindle Fire models
















Amazon.com Inc. started shipping a large-screen version of its Kindle Fire tablet computer on Thursday, ahead of schedule. Here is a look at the new Fires announced in September:


— Kindle Fire, with 7-inch screen, 1024 by 600 pixels. $ 159, with 8 gigabytes of storage. Weighs 14.1 ounces. Battery life of 8.5 hours. Started shipping Sept. 14.













Kindle Fire HD, with 7-inch screen, 1280 by 800 pixels. $ 199 with 16 GB of storage or $ 249 with 32 GB of storage. Weighs 13.9 ounces. Battery life of 11 hours. Started shipping Sept. 14.


— Kindle Fire HD 8.9″, with 8.9-inch screen, 1920 by 1200 pixels. $ 299 with 16 GB of storage or $ 369 with 32 GB of storage. Weighs 20 ounces. Battery life of 10 hours. Started shipping Thursday.


— Kindle Fire HD 8.9″ 4G LTE Wireless, with 8.9-inch screen, 1920 by 1200 pixels. $ 499 with 32 GB of storage or $ 599 with 64 GB of storage. Can connect to AT&T Inc.‘s 4G LTE wireless network. Weighs 20 ounces. Battery life of 10 hours. Will start shipping Tuesday.


Gadgets News Headlines – Yahoo! News



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