Futures retreat on Greek deal impasse; U.S. data on tap

NEW YORK (Reuters) - U.S. stock index futures retreated Wednesday after international lenders were unable to agree on emergency aid for Greece, and ahead of data on the U.S. labor market and consumer confidence.

For a second week, euro zone finance ministers, the International Monetary Fund and the European Central Bank failed to agree on how to make Greece's debt sustainable, which is necessary before the next cash infusion can be made to the fiscally beleaguered nation.

The FTSEurofirst 300 <.fteu3> edged up 0.06 percent at 1,095.13.

Investors will also look to weekly initial jobless claims at 8:30 a.m. ET for signs of improvement in the labor market. Economists in a Reuters survey expect a total of 410,000 new filings compared with 439,000 in the prior week, when a surge in claims was linked to the impact of superstorm Sandy.

At 8:58 a.m., information services company Markit releases U.S. flash Markit Manufacturing PMI for November, expected to show a reading of 51, unchanged from October.

The Thomson Reuters/University of Michigan Surveys of Consumers release the final November consumer sentiment index at 9:55 a.m. Economists in a Reuters survey expect a reading of 84.5 compared with 84.9 in the final October report.

"The market has shifted into Thanksgiving mode, while waiting for more news from Greece - after three positive sessions coming off the low, the market is looking for the next driving theme which could be today's economic numbers," said Andre Bakhos, director of market analytics at Lek Securities in New York.

The S&P 500 <.spx> had risen for three straight sessions as rhetoric from Washington did little to erode investor optimism of a deal to avert the "fiscal cliff," a series of tax hikes and spending cuts which will go into effect in the new year and threaten to derail the nation's fragile economic recovery.

Still, earlier gains on Tuesday were mostly erased as Federal Reserve Chairman Ben Bernanke cautioned that the central bank lacked the tools to cushion the U.S. economy from the impact of the cliff in a worst-case scenario.

"Investors are ignoring the elephant in the room in the form of the fiscal cliff and much of the recent strength stems from hopes of a benign resolution; however, until a deal is actually done, it could come back to haunt at any time," said Bakhos.

Shortly after at 10:00 a.m. the Conference Board releases its report on October leading economic indicators. Economists in a Reuters survey forecast a 0.2 percent rise compared with a 0.6 percent rise in September.

S&P 500 futures shed 0.1 point and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures fell 2 points, and Nasdaq 100 futures added 1.75 points.

Volume is expected to be light ahead of the Thanksgiving Day holiday on Thursday.

The National Labor Relations Board (NLRB) said it was unlikely to decide, before Thursday's holiday, on Wal-Mart Stores Inc's push to stop protests and rallies outside its stores. This was a blow to the company's attempt to avoid major protests at its stores on "Black Friday," the day after Thanksgiving and the busiest shopping day of the year.

Deere & Co slipped 1.2 percent to $85 in light premarket trading, even as the agricultural equipment maker reported higher fourth-quarter earnings.

Business software provider Salesforce.com Inc beat Wall Street expectations for the third quarter and maintained its earnings outlook for the rest of its fiscal year despite the uncertain economic outlook.

Asian shares fell after the failure to reach a deal on another bailout for Greece, a day after Federal Reserve Chairman Ben Bernanke highlighted the dangers of a U.S. fiscal crisis.

(Editing by Bernadette Baum)

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Clinton to Visit Middle East in Effort to Defuse Gaza Conflict

PHNOM PENH, Cambodia — President Obama sent Secretary of State Hillary Rodham Clinton to the Middle East on Tuesday to try to defuse the conflict in Gaza, the White House announced.

Mrs. Clinton, who accompanied Mr. Obama on his three-country Asia trip, left on her own plane immediately for the region, where she will stop first in Jerusalem to meet with Prime Minister Benjamin Netanyahu of Israel, then head to the West Bank to meet with Palestinian leaders and finally to Cairo to consult with Egyptian officials.

The decision to dispatch Mrs. Clinton dramatically deepens the American involvement in the crisis. Mr. Obama made a number of late-night phone calls from his Asian tour to the Middle East on Monday night that contributed to his conclusion that he had to become more engaged and that Mrs. Clinton might be able to accomplish something.

With the Ban Ki-moon, the United Nations secretary general, also scheduled to arrive in Israel on Tuesday, a senior official in the prime minister’s office said Israel decided to give more time to diplomacy before launching a ground invasion into Gaza. But Israel has not withdrawn other options.

“I prefer a diplomatic solution,” Mr. Netanyahu said in a statement at the start of a meeting in Jerusalem with the German foreign minister, Guido Westerwelle. “I hope that we can get one but if not, we have every right to defend ourselves with other means and we shall use them,” 

“As you know, we seek a diplomatic unwinding to this, through the discussions of cease-fire,” Mr. Netanyahu added. “But if the firing continues, we will have to take broader action and we won’t hesitate to do so.”

About three hours before Mr. Ban was scheduled to meet Mr. Netanyahu in Jerusalem, sirens sounded across the city in the early afternoon announcing an incoming rocket from Gaza. The military wing of Hamas said it had fired at the city. The rocket fell short, landing harmlessly in the West Bank just south of Jerusalem, and the military said it landed on open ground near a Palestinian village.

The rocket attack on the city, which is holy to Jews, Muslims and Christians, was the second in less than a week. The earlier rocket on Friday landed in a similar location, the police said.

The Israeli military said that in the course of the morning its air force had struck at 11 Palestinian squads involved in planting explosives and firing rockets, as well as underground rocket launchers and a store of weapons and ammunition. The military said it had also used tank shells and artillery fire against unspecified targets in Gaza.  

The Health Ministry in Gaza said the Palestinian death toll had climbed by late Tuesday morning to 112, roughly half of them civilians, including children. Three Israelis died in a rocket attack last week.

After an Asian summit dinner in Phnom Penh on Monday night, Mr. Obama called President Mohamed Morsi of Egypt to discuss the situation, then spoke with Mr. Netanyahu and called Mr. Morsi back. He was up until 2:30 a.m. on the phone, the White House said. He consulted with Mrs. Clinton repeatedly on the sidelines of the Asian summit meetings on Tuesday.

“This morning Secretary Clinton and the president spoke again about the situation in Gaza, and the they agreed that it makes sense for the secretary to travel to the region so Secretary Clinton will depart today,” said Benjamin Rhodes, a deputy national security adviser to Mr. Obama. “Her visits will build on the engagement that we’ve undertaken in the last several days.”

Mr. Rhodes said, “Any resolution to this has to include an end to that rocket fire” by Hamas militants on Israeli communities, but “the best way to solve this is through diplomacy.”

He added, “It’s in nobody’s interest to see an escalation of the military conflict.”

Mrs. Clinton will not meet with Hamas representatives on her trip, but with the Palestinian leadership in the West Bank, which is at odds with the Hamas rulers of the Gaza Strip. “We do not engage directly with Hamas,” Mr. Rhodes said.

Instead, Mr. Obama is focused on leveraging Egypt’s influence with Hamas to press for a halt to the rocket attacks. “We believe Egypt can and should be a partner in achieving that outcome,” Mr. Rhodes said.

Mr. Rhodes reaffirmed that the United States supports Israel’s right to defend itself and said Mr. Obama did not ask Mr. Netanyahu to hold off a ground incursion into Gaza.

In Jerusalem, an official in the prime minister’s office said the country’s top nine ministers, who make up the inner security cabinet, held discussions late into the night on the state of the diplomatic efforts and Israel’s military operation in Gaza. The goal of the operation, Israel says, is to end years of rocket fire by Gaza militants against southern Israel.

Peter Baker reported from Phnom Penh, Cambodia, and Isabel Kershner from Jerusalem. Jodi Rudoren contributed reporting from Gaza City.

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Blake Shelton Has Unforgettable Night on The Voice

TV Watch

The Voice

By Julia Haskins

11/20/2012 at 08:15 AM EST

Cassadee Pope (Blake Shelton inset)

Tyler Golden/NBC (2)

It was a night of creative growth on The Voice Monday, as the top 10 wowed the coaches in unexpected ways.

"This may be the best episode of The Voice we've ever had," Blake Shelton said. But it was the top talent among the remaining handful of singers that really gave his statement weight.

Christina Aguilera and Shelton kicked off the night with "Just a Fool," a duet from her new album Lotus, which ushered in rousing performances from each team.

Melanie Martinez, the eccentric star of Team Adam, pleased fans with her offbeat take on the White Stripe's "Seven Nation Army." Cee Lo Green called her performance "one of the coolest things that's happened this season." It even had Shelton feeling envious. If there was one singer who wasn't on his team that he could coach, "It's you, Melanie," he told her.

Dez Duron took a grown-up approach to his choice of song with Nina Simone's "Feeling Good." "I'm so happy that you brought not only your stage presence to the table, but you dug deeper," his coach Aguilera said. "You made everyone's heart melt tonight."

Green's Trevin Hunte set out to show that he could go beyond ballads with Usher's "Scream," and the bold move paid off. Coupled with a sublime gospel choir, Hunte's moving vocals won over his astonished coach. "It was so sweet to me. It makes me cry," Green said.

Shelton hinted at an important development with a Tweet early in the night. "One of the biggest nights of my career on The Voice tonight for a couple reasons... Watch," he said.

His own Cassadee Pope had the honor of singing "Over You," the song Shelton and wife Miranda Lambert co-wrote about his late brother. Pope faced a big challenge, but the tenderness of her voice and the energy in her performance had Shelton on his feet in standing ovation.

"Ladies and gentlemen, you're looking at an artist standing up there," he said of his singer who had just honored his brother with her performance.

The Voice returns Tuesday night with the elimination round.

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New push for most in US to get at least 1 HIV test

WASHINGTON (AP) — There's a new push to make testing for the AIDS virus as common as cholesterol checks.

Americans ages 15 to 64 should get an HIV test at least once — not just people considered at high risk for the virus, an independent panel that sets screening guidelines proposed Monday.

The draft guidelines from the U.S. Preventive Services Task Force are the latest recommendations that aim to make HIV screening simply a routine part of a check-up, something a doctor can order with as little fuss as a cholesterol test or a mammogram. Since 2006, the Centers for Disease Control and Prevention also has pushed for widespread, routine HIV screening.

Yet not nearly enough people have heeded that call: Of the more than 1.1 million Americans living with HIV, nearly 1 in 5 — almost 240,000 people — don't know it. Not only is their own health at risk without treatment, they could unwittingly be spreading the virus to others.

The updated guidelines will bring this long-simmering issue before doctors and their patients again — emphasizing that public health experts agree on how important it is to test even people who don't think they're at risk, because they could be.

"It allows you to say, 'This is a recommended test that we believe everybody should have. We're not singling you out in any way,'" said task force member Dr. Douglas Owens of Stanford University and the Veterans Affairs Palo Alto Health Care System.

And if finalized, the task force guidelines could extend the number of people eligible for an HIV screening without a copay in their doctor's office, as part of free preventive care under the Obama administration's health care law. Under the task force's previous guidelines, only people at increased risk for HIV — which includes gay and bisexual men and injecting drug users — were eligible for that no-copay screening.

There are a number of ways to get tested. If you're having blood drawn for other exams, the doctor can merely add HIV to the list, no extra pokes or swabs needed. Today's rapid tests can cost less than $20 and require just rubbing a swab over the gums, with results ready in as little as 20 minutes. Last summer, the government approved a do-it-yourself at-home version that's selling for about $40.

Free testing is available through various community programs around the country, including a CDC pilot program in drugstores in 24 cities and rural sites.

Monday's proposal also recommends:

—Testing people older and younger than 15-64 if they are at increased risk of HIV infection,

—People at very high risk for HIV infection should be tested at least annually.

—It's not clear how often to retest people at somewhat increased risk, but perhaps every three to five years.

—Women should be tested during each pregnancy, something the task force has long recommended.

The draft guidelines are open for public comment through Dec. 17.

Most of the 50,000 new HIV infections in the U.S. every year are among gay and bisexual men, followed by heterosexual black women.

"We are not doing as well in America with HIV testing as we would like," Dr. Jonathan Mermin, CDC's HIV prevention chief, said Monday.

The CDC recommends at least one routine test for everyone ages 13 to 64, starting two years younger than the task force recommended. That small difference aside, CDC data suggests fewer than half of adults under 65 have been tested.

"It can sometimes be awkward to ask your doctor for an HIV test," Mermin said — the reason that making it routine during any health care encounter could help.

But even though nearly three-fourths of gay and bisexual men with undiagnosed HIV had visited some sort of health provider in the previous year, 48 percent weren't tested for HIV, a recent CDC survey found. Emergency rooms are considered a good spot to catch the undiagnosed, after their illnesses and injuries have been treated, but Mermin said only about 2 percent of ER patients known to be at increased risk were tested while there.

Mermin calls that "a tragedy. It's a missed opportunity."

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S&P 500 index futures rise briefly after data

NEW YORK (Reuters) - S&P 500 index futures briefly edged higher on Tuesday after data showed housing starts rose to their highest rate in more than four years in October.

S&P 500 futures were last up 0.3 point. Dow Jones industrial average futures trimmed declines but were still down 8 points, while Nasdaq 100 futures added 1.25 points.

(Reporting By Leah Schnurr; Editing by Kenneth Barry)

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Gaza Clash Escalates With Deadliest Israeli Strike

Bernat Armangue/Associated Press

Smoke rose over Gaza City on Sunday, as Israel widened its range of targets to include buildings used by the news media.

CAIRO — Emboldened by the rising power of Islamists around the region, the Palestinian militant group Hamas demanded new Israeli concessions to its security and autonomy before it halts its rocket attacks on Israel, even as the conflict took an increasing toll on Sunday.

After five days of punishing Israeli airstrikes on the Hamas-controlled Gaza Strip and no letup in the rocket fire in return, representatives of Israel and Hamas met separately with Egyptian officials in Cairo on Sunday for indirect talks about a truce.

The talks came as an Israeli bomb struck a house in Gaza on Sunday afternoon, killing 11 people, in the deadliest single strike since the conflict between Israel and Hamas escalated on Wednesday. The strike, along with several others that killed civilians across the Gaza Strip, signaled that Israel was broadening its range of targets on the fifth day of the campaign.

By the end of the day, Gaza health officials reported that 70 Palestinians had been killed in airstrikes since Wednesday, including 20 children, and that 600 had been wounded. Three Israelis have been killed and at least 79 wounded by unrelenting rocket fire out of Gaza into southern Israel and as far north as Tel Aviv.

Hamas, badly outgunned on the battlefield, appeared to be trying to exploit its increased political clout with its ideological allies in Egypt’s new Islamist-led government. The group’s leaders, rejecting Israel’s call for an immediate end to the rocket attacks, have instead laid down sweeping demands that would put Hamas in a stronger position than when the conflict began: an end to Israel’s five-year-old embargo of the Gaza Strip, a pledge by Israel not to attack again and multinational guarantees that Israel would abide by its commitments.

Prime Minister Benjamin Netanyahu of Israel stuck to his demand that all rocket fire cease before the air campaign lets up, and Israeli tanks and troops remained lined up outside Gaza on Sunday. Tens of thousands of reserve troops had been called up. “The army is prepared to significantly expand the operation,” Mr. Netanyahu said at the start of a cabinet meeting.

Reda Fahmy, a member of Egypt’s upper house of Parliament and of the nation’s dominant Islamist party, who is following the talks, said Hamas’s position was just as unequivocal. “Hamas has one clear and specific demand: for the siege to be completely lifted from Gaza,” he said. “It’s not reasonable that every now and then Israel decides to level Gaza to the ground, and then we decide to sit down and talk about it after it is done. On the Israeli part, they want to stop the missiles from one side. How is that?”

He added: “If they stop the aircraft from shooting, Hamas will then stop its missiles. But violence couldn’t be stopped from one side.”

Hamas’s aggressive stance in the cease-fire talks is the first test of the group’s belief that the Arab Spring and the rise in Islamist influence around the region have strengthened its political hand, both against Israel and against Hamas’s Palestinian rivals, who now control the West Bank with Western backing.

It also puts intense new pressure on President Mohamed Morsi of Egypt, a former leader of the Muslim Brotherhood who was known for his fiery speeches defending Hamas and denouncing Israel. Mr. Morsi must now balance the conflicting demands of an Egyptian public that is deeply sympathetic to Hamas and the Palestinian cause against Western pleadings to help broker a peace and Egypt’s need for regional stability to help revive its moribund economy.

Indeed, the Egyptian-led cease-fire talks illustrate the diverging paths of the Muslim Brotherhood and Hamas, a Palestinian offshoot of the original Egyptian Islamist group. Hamas has evolved into a more militant insurgency and is labeled a terrorist organization by the United States and Israel, while the Brotherhood has effectively become Egypt’s ruling party. Mr. Fahmy said in an interview in March that the Brotherhood’s new responsibilities required a step back from its ideological cousins in Hamas, and even a new push to persuade the group to compromise.

Reporting was contributed by Ethan Bronner, Irit Pazner Garshowitz and Isabel Kershner from Jerusalem, and Peter Baker from Bangkok.

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Wii U Launch Day: Everything You Need to Know

For Nintendo fans, the big day has arrived. Nintendo‘s newest console, the Wii U, began selling at midnight on Sunday morning across the United States.

[More from Mashable: Meet the Super Fan Who Waited in Line for a Month for a Wii U [VIDEO]]

The Wii U boasts high definition graphics and an innovative, new tablet controller called the GamePad. The GamePad can act as a second screen, either mirroring or displaying asynchronous content from the console. The GamePad can also function without the television even turned on.

Nintendo hosted a launch event at its Nintendo World store in Rockefeller Center in New York on Saturday night. Some fans had been lined up for a week or longer to pick up a console, and as the countdown ticked down to midnight, the line wrapped around the building. The event was attended by Nintendo of America President Reggie Fils-Amie, who addressed the crowd, as well as other Nintendo executives.

[More from Mashable: Marijuana Vending Machine Maker’s Stock Skyrockets and Everybody Freaks Out]

But demand for the console may not reach the insatiable levels of the 2006′s Wii launch, which sold out in stores across the country preceding the holidays. At 11:30 a.m., a Nintendo World employee said they still had consoles in stock, though there was a line of 30 people outside. Mashable was able to pick up a Wii U in a Brooklyn Target with no lines at 9:30 a.m.

We collected peoples’ photos and tweets of their experiences waiting in line across the country with Storify.

We want to hear your stories. Are you picking up a Wii U today? Drop a note in the comments or tweet a picture with the hashtag #wiiulines.

Assassin’s Creed III

A version of the latest chapter in the Assassin’s Creed saga, a week after it was released on other console.

Click here to view this gallery.

This story originally published on Mashable here.

Gaming News Headlines – Yahoo! News

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Adele's Son Is a Cutie, Says Alan Carr

By Simon Perry

11/19/2012 at 09:00 AM EST

Adele and boyfriend Simon Konecki have been lying low since she gave birth to a son last month, enjoying the early days with their child away from the spotlight. The private singer hasn't even revealed her little boy's name to fans.

But a close pal, comedian Alan Carr, is reporting from the frontlines of Adele's new life as a mom.

"All I'll say is I have seen Adele's baby and he's such a cutie. She's doing great, she's glowing," he tells The Sun.

"Because we're friends, people will ask me on the red carpet if she's breast feeding or using a breast pump," he continues. "Well, I think that's f––ing disgusting. This is a young girl. I'm not going to talk about her breasts."

She may be staying out of the spotlight but her latest song – "Skyfall," from the new James Bond film – has been a success on both sides of the Atlantic.

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EU drug regulator OKs Novartis' meningitis B shot

LONDON (AP) — Europe's top drug regulator has recommended approval for the first vaccine against meningitis B, made by Novartis AG.

There are five types of bacterial meningitis. While vaccines exist to protect against the other four, none has previously been licensed for type B meningitis. In Europe, type B is the most common, causing 3,000 to 5,000 cases every year.

Meningitis mainly affects infants and children. It kills about 8 percent of patients and leaves others with lifelong consequences such as brain damage.

In a statement on Friday, Andrin Oswald of Novartis said he is "proud of the major advance" the company has made in developing its vaccine Bexsero. It is aimed at children over two months of age, and Novartis is hoping countries will include the shot among the routine ones for childhood diseases such as measles.

Novartis said the immunization has had side effects such as fever and redness at the injection site.

Recommendations from the European Medicines Agency are usually adopted by the European Commission. Novartis also is seeking to test the vaccine in the U.S.

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Stock futures up on optimism over budget talk

NEW YORK (Reuters) - Stock index futures started a holiday-shortened week higher on Monday, with signs of progress in Washington talks to resolve the fiscal crunch lifting investors' mood.

Leading Democratic and Republican lawmakers expressed confidence on Sunday that they could reach a deal to avert the "fiscal cliff" even as they laid down markers on raising taxes and spending cuts that may make any agreement more difficult. European stocks also reacted by rising from a 3 1/2-month low.

Democratic Senator Dick Durbin said on CNN, "What I hear is a perceptible change in rhetoric from the other side."

Also appearing on CNN, Republican Representative Tom Price said, "Every member of our caucus appreciates that this fiscal crisis, this challenge that we have, is ever closer." Opinion polls show that Republicans would shoulder more of the blame if the country goes over the fiscal cliff.

"A deal that doesn't face healthcare spending head on and also raises taxes of substance with economic growth mediocre is not a good deal. This said, the markets will celebrate any deal in the short term but will likely deal with the economic consequences in 2013," said Peter Boockvar, managing director at Miller Tabak & Co in New York.

S&P 500 futures rose 7.4 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures added 61 points and Nasdaq 100 futures rose 16 points.

Investors awaited data on existing-home sales for October, due at 10 a.m. (1500 GMT). Economists in a Reuters survey forecast an annualized 4.75 million units, a repeat of the September total. Investors also eyed the November NAHB housing market index, also at 10 a.m. (1500 GMT).

Shares of Lowe's Cos Inc , the world's No. 2 home improvement chain, rose 4 percent to $33.35 in premarket trade on Monday after the company reported higher-than-expected quarterly profit and raised its full-year sales forecast.

Networking equipment company Cisco Systems Inc said it will buy privately held cloud networking company Meraki for $1.2 billion in cash as part of its cloud and networking strategy. Cisco shares were up 0.9 percent at $18.15 in premarket trade.

General Motors Co and its local Chinese partners, intensifying competition in China in the no-frills car market, on Sunday formally opened another plant for its low-cost Baojun brand. GM shares were up 1.1 percent at $24.10 in premarket trade.

Wal-Mart Stores Inc is taking its first legal step to stop months of protests and rallies outside Walmart stores, targeting the union that it says is behind such actions.

Citigroup Inc has agreed to pay $360 million to the brokerage estate of Lehman Brothers to resolve a dispute over $1 billion in collateral that the investment bank was forced to post in the days leading up to its bankruptcy in 2008. Citigroup shares were up 1.5 percent at $35.49 in premarket trade.

Online financial services company ETrade Financial Corp will shut down its British brokerage business as the company shifts focus back to its core U.S. operations, the Wall Street Journal reported, citing people familiar with the decision.

Hope that U.S. politicians would find common ground to steer clear of the "fiscal cliff" boosted stocks on Friday, though the gains were not enough to offset the week's losses.

(Reporting by Angela Moon; Editing by Kenneth Barry)

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