'Dollar Menu' sparks McDonald's rebound









McDonald's took Wall Street by surprise Monday morning, with a November same-store sales report that beat expectations and showed particular strength in the U.S. business.


The news follows a weak performance in October that had some investors speculating about the future of the world's largest restaurant company.


The Oak Brook-based burger giant reported U.S. same-store sales up 2.5 percent on the strength of its breakfast business, value offerings, beverages and limited-time offers like the cheddar bacon onion sandwich. In Europe, same-store sales grew 1.4 percent, and 0.6 percent in the chain's Asia/Pacific, Middle East and Africa division.








Overall, same-store sales increased 2.4 percent, beating various expectations for a roughly flat performance.


McDonald's has taken a tough stance on slipping U.S. sales as revived rivals like Wendy's and Burger King crank out new premium and value products. Days after releasing a report that showed October's rare drop in monthly same-store sales, McDonald's said its U.S. president, Jan Fields, had resigned and would be replaced by Jeff Stratton, who had been the company's global restaurant officer.


"We are strengthening our focus on the global priorities that are most impactful to our customers — optimizing our menu, modernizing the customer experience and broadening accessibility to our brand to move our business forward," McDonald's CEO Don Thompson said in a statement.


While the sales report is likely to be a boost for the fast-food chain, investors don't expect company performance to return to normal levels until early 2013.


"One month does not a trend make … but it's a nice sign to see them rebound after a horrible October," ITG Investment Research analyst Steve West said.


Analysts expect volatile industry sales in the coming quarters as countries around the world grapple with economic woes and high unemployment. Profits could get squeezed as diners shop around for deals and restaurants respond by keeping prices down.


"We are concerned about the margin outlook in this more promotional environment," said Lazard Capital Markets analyst Matthew DiFrisco.


McDonald's "ramped up its value messaging, focusing heavily on the Dollar Menu to help drive traffic," Jefferies & Co restaurant analyst Andy Barish said in a research note.


The company has been promoting both the Dollar Menu and its Extra Value Menu, which includes offerings like 20 Chicken McNuggets for $4.99, to lure diners.


Baird analyst David Tarantino raised his fourth-quarter earnings estimate by a penny per share Monday morning following the sales announcement. He wrote that while company performance "could remain soft" through the first quarter, "the November sales report supports our thesis that McDonald's can achieve better performance in 2013 as a whole, with results aided by planned initiatives (including increased emphasis on value plus premium offerings across markets), fewer cost pressures, and less negative currency translation."


McDonald's shares closed up 93 cents, or 1 percent, at $89.41.


Reuters contributed.


eyork@tribune.com


Twitter @emilyyork





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Off-duty police officer shot









A 34-year-old Chicago police officer was shot twice during an attempted robbery early Monday morning, but the veteran officer's wounds did not appear to be life-threatening, authorities said.


The officer, who has been with the department for 10 years, sustained gunshot wounds to the chest and wrist, Chicago Police Department Superintendent Garry McCarthy said.


The officer's wrist was broken, but the bullet that struck his chest inflicted only superficial damage, the superintendent said.





"He's obviously shaken up, [but] he's in good spirits," McCarthy said, after visiting the officer at Advocate Christ Medical Center in Oak Lawn. "Right now it's as good as it could possibly be."


The shooting happened about 12:30 a.m. in the 6300 block of South Nashville Avenue, Chicago Police Department News Affairs Officer Hector Alfaro said.

The officer, who was off-duty at the time, fired in self-defense during and may have struck his attacker, McCarthy said.


Officers launched a massive manhunt after the shooting but did not immediately take anyone into custody.


"We're going to catch the guy [who did this]," McCarthy said.  "We're going to hold them accountable."


Several family members joined the officer in the hospital after the shooting, the superintendent said. The officer, whose name has not been released, also received a visit from Rev. Daniel J. Brandt, the police department's chaplain.


"I'll say this: God is good," Brandt said afterward. "It could have been a lot worse."



asege@tribune.com


Twitter: @AdamSege





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Syrian Rebels Now Have a Tank Powered by a Playstation Controller






As Syria‘s rebels work to overthrow the tank-equipped Assad regime, they’ve learned that it helps to have tanks of their own. They deserve bonus points for integrating video game technology. This is no exaggeration. Have a look at the opposition forces’ “100 percent made in Syria” armored vehicle, the Sham II.


RELATED: What Dennis Kucinich Really Said in Syria






Named for ancient Syria and assembled out of spare parts over the course of a month, the Sham II sort of rough around the edges, but it’s got impressive guts. It rides on the chassis of an old diesel car and is fully encased in light steel that’s rusted from the elements. Five cameras are mounted around the tanks outside, and there’s a machine gun mounted on a turning turret. Inside, it kind of looks like a man cave. A couple of flat screen TVs are mounted on opposite walls. The driver sits in front of one, controlling the vehicle with a steering wheel, and the gunner sits at the other, aiming the machine gun with a Playstation controller.


RELATED: It’s Never a Good Idea to Put Your Torture Victims on YouTube


Sham II is heading up to the devastated city of Aleppo to join the combat forces there. Meanwhile, rebel forces continue to close in on Damascus and Assad’s shrinking regime. Diplomats have already begun to speculate about what the Syrian president’s next move would be. We do know that Assad has been exploring the option of seeking political asylum in the Middle East or in Latin American. However, it looks more likely that Assad and his cronies will retreat to the Alawite-controlled mountains on Syria’s Mediterranean coast. The only other alternative — chemical weapons attack notwithstanding — would be for Assad to stay in the palace and fight to the end. And can you imagine standing helpless as a fierce machine like Sham II roared up the palace steps? Run, Bashar. Run.


RELATED: The CIA Is Guiding Weapons into Syria


Gaming News Headlines – Yahoo! News


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Gabrielle Aplin tops UK charts with Power of Love






LONDON (Reuters) – English singer Gabrielle Aplin scored her first British number one on Sunday with a cover of the Frankie Goes To Hollywood hit “The Power of Love”, the Official Charts Company said.


Aplin climbed to number one from sixth place with the song, which first entered the charts in 1984 and is the theme for a Christmas television advert for British retailer John Lewis.






In the album charts, Olly Murs, a former runner-up in television’s X-Factor talent contest, held on to the top spot with his release “Right Place Right Time”, but saw his “Troublemaker” slip to third place in the singles ranks.


American singer Pink was the week’s highest climber in the singles top ten, jumping to eighth place from number 26 with “Try”.


(Reporting by Tim Castle; editing by Jason Webb)


Music News Headlines – Yahoo! News


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A Breakthrough Against Leukemia Using Altered T-Cells





PHILIPSBURG, Pa. — Emma Whitehead has been bounding around the house lately, practicing somersaults and rugby-style tumbles that make her parents wince.




It is hard to believe, but last spring Emma, then 6, was near death from leukemia. She had relapsed twice after chemotherapy, and doctors had run out of options.


Desperate to save her, her parents sought an experimental treatment at the Children’s Hospital of Philadelphia, one that had never before been tried in a child, or in anyone with the type of leukemia Emma had. The experiment, in April, used a disabled form of the virus that causes AIDS to reprogram Emma’s immune system genetically to kill cancer cells.


The treatment very nearly killed her. But she emerged from it cancer-free, and about seven months later is still in complete remission. She is the first child and one of the first humans ever in whom new techniques have achieved a long-sought goal — giving a patient’s own immune system the lasting ability to fight cancer.


Emma had been ill with acute lymphoblastic leukemia since 2010, when she was 5, said her parents, Kari and Tom. She is their only child.


She is among just a dozen patients with advanced leukemia to have received the experimental treatment, which was developed at the University of Pennsylvania. Similar approaches are also being tried at other centers, including the National Cancer Institute and Memorial Sloan-Kettering Cancer Center in New York.


“Our goal is to have a cure, but we can’t say that word,” said Dr. Carl June, who leads the research team at the University of Pennsylvania. He hopes the new treatment will eventually replace bone-marrow transplantation, an even more arduous, risky and expensive procedure that is now the last hope when other treatments fail in leukemia and related diseases.


Three adults with chronic leukemia treated at the University of Pennsylvania have also had complete remissions, with no signs of disease; two of them have been well for more than two years, said Dr. David Porter. Four adults improved but did not have full remissions, and one was treated too recently to evaluate. A child improved and then relapsed. In two adults, the treatment did not work at all. The Pennsylvania researchers were presenting their results on Sunday and Monday in Atlanta at a meeting of the American Society of Hematology.


Despite the mixed results, cancer experts not involved with the research say it has tremendous promise, because even in this early phase of testing it has worked in seemingly hopeless cases. “I think this is a major breakthrough,” said Dr. Ivan Borrello, a cancer expert and associate professor of medicine at the Johns Hopkins University School of Medicine.


Dr. John Wagner, the director of pediatric blood and marrow transplantation at the University of Minnesota, called the Pennsylvania results “phenomenal” and said they were “what we’ve all been working and hoping for but not seeing to this extent.”


A major drug company, Novartis, is betting on the Pennsylvania team and has committed $20 million to building a research center on the university’s campus to bring the treatment to market.


HervĂ© Hoppenot, the president of Novartis Oncology, called the research “fantastic” and said it had the potential — if the early results held up — to revolutionize the treatment of leukemia and related blood cancers. Researchers say the same approach, reprogramming the patient’s immune system, may also eventually be used against tumors like breast and prostate cancer.


To perform the treatment, doctors remove millions of the patient’s T-cells — a type of white blood cell — and insert new genes that enable the T-cells to kill cancer cells. The technique employs a disabled form of H.I.V. because it is very good at carrying genetic material into T-cells. The new genes program the T-cells to attack B-cells, a normal part of the immune system that turn malignant in leukemia.


The altered T-cells — called chimeric antigen receptor cells — are then dripped back into the patient’s veins, and if all goes well they multiply and start destroying the cancer.


The T-cells home in on a protein called CD-19 that is found on the surface of most B-cells, whether they are healthy or malignant.


A sign that the treatment is working is that the patient becomes terribly ill, with raging fevers and chills — a reaction that oncologists call “shake and bake,” Dr. June said. Its medical name is cytokine-release syndrome, or cytokine storm, referring to the natural chemicals that pour out of cells in the immune system as they are being activated, causing fevers and other symptoms. The storm can also flood the lungs and cause perilous drops in blood pressure — effects that nearly killed Emma.


Steroids sometimes ease the reaction, but they did not help Emma. Her temperature hit 105. She wound up on a ventilator, unconscious and swollen almost beyond recognition, surrounded by friends and family who had come to say goodbye.


But at the 11th hour, a battery of blood tests gave the researchers a clue as to what might help save Emma: her level of one of the cytokines, interleukin-6 or IL-6, had shot up a thousandfold. Doctors had never seen such a spike before and thought it might be what was making her so sick.


Dr. June knew that a drug could lower IL-6 — his daughter takes it for rheumatoid arthritis. It had never been used for a crisis like Emma’s, but there was little to lose. Her oncologist, Dr. Stephan A. Grupp, ordered the drug. The response, he said, was “amazing.”


Within hours, Emma began to stabilize. She woke up a week later, on May 2, the day she turned 7; the intensive-care staff sang “Happy Birthday.”


Since then, the research team has used the same drug, tocilizumab, in several other patients.


In patients with lasting remissions after the treatment, the altered T-cells persist in the bloodstream, though in smaller numbers than when they were fighting the disease. Some patients have had the cells for years.


Dr. Michel Sadelain, who conducts similar studies at the Sloan-Kettering Institute, said: “These T-cells are living drugs. With a pill, you take it, it’s eliminated from your body and you have to take it again.” But T-cells, he said, “could potentially be given only once, maybe only once or twice or three times.”


The Pennsylvania researchers said they were surprised to find any big drug company interested in their work, because a new batch of T-cells must be created for each patient — a far cry from the familiar commercial strategy of developing products like Viagra or cholesterol medicines, in which millions of people take the same drug.


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Huppke: Don't be afraid to hire people with disabilities








One of the best experiences of my life was watching Jamie Smith, a young man with autism, leave his routine in Chicago, travel to the Special Olympics World Games in the chaotic Chinese city of Shanghai — and succeed.


Jamie's success — managing in a foreign country and bringing home a silver medal — was the result of one thing: hard work. And I've yet to meet a harder worker than him, or a person who more appreciates the opportunities a job presents.


Our workplaces have grown diverse, but jobs remain far too scarce when it comes to people with autism or other intellectual disabilities. Unemployment rates vary depending on the study but hover around 80 percent, and people with disabilities who do get jobs are routinely paid less than other workers. A stigma surrounds people with disabilities, and employers fear that accommodating workers from this demographic might be cost-prohibitive.






Fortunately, some progress is being made.


Walgreen Co., for example, has for years welcomed workers with intellectual disabilities. In 2007, it opened a distribution center in Anderson, S.C., with the goal that people with disabilities would make up 33 percent of the staff and be paid and treated the same as any other employee.


That number now tops 40 percent, and the company opened a similar center in Connecticut in 2009. It also has begun a separate program that recruits people with disabilities to work in Walgreen stores.


The results, according to Deb Russell, a manager in the company's diversity and inclusion department, have been statistically excellent. Turnover among employees with disabilities is 50 percent lower than that among nondisabled employees, and accuracy and productivity measurements are the same.


"People think accommodations will be expensive and daunting," Russell said. "What we found, especially on the accommodations front, is that it's minimal. Over the thousands of people we've had in the distribution centers, we've spent less than $50 per person. A lot of the time, all the accommodation they need is an open mind."


She said that more than 100 Fortune 500 companies have toured the South Carolina facility to learn more about the program.


"We've been so proud to see quite a few companies coming out recently with programs that are similar to ours," Russell said. "They take what we're doing and make it their own."


What's important to realize is that when Walgreen and other companies hire people with intellectual or other disabilities, they aren't doing it as an act of charity. They're doing it because the people they're hiring are good employees who help the company make money.


Scott Standifer, a University of Missouri researcher who studies employment issues affecting adults with autism, said he's encouraged to see large companies such as Walgreen, AMC Theatres and the investment firm TIAA-CREF, to name a few, aggressively employing people with disabilities.


"For decades the employment specialists who work with people with disabilities have been saying things like, 'These people are very dedicated; they will really love the work; they'll be very loyal employees,'" Standifer said. "The business community knows these agencies are trying to sell their clients, they're trying to convince the businesses to hire them, so they're skeptical. And there hasn't been any data to really back up their claims.


"But now we've got some large corporations who have invested and are evaluating their disability employment projects and are able to talk to other corporations as corporate peers. It's one thing to have job developers coming and saying these people are good workers, give them a chance. It's another to have Walgreens say, 'We are making more money by hiring these folks.'"


Standifer wrote a paper titled "Adult Autism & Employment: A Guide for Vocational Rehabilitation Professionals," which provides a wealth of information for employers, from advice on interviewing people with autism to explanations of the disability. That paper can be found at: tinyurl.com/autismemploy.


He also said he hopes to see more coordination between people in the autism community and an employment resource found in every state — the vocational rehabilitation agency. This agency, overseen by the federal Rehabilitation Services Administration, focuses on finding jobs for people with physical disabilities, often veterans.


But Standifer believes these agencies may be better equipped than state groups to assist people with autism and other intellectual disabilities.


"It's hard for anybody to find a job," he said. "But these state agencies (that work with people with intellectual disabilities) don't have the 80 years of history that the vocational rehabilitation program has. One of the things that I'm excited about is that the autism community, as they start to understand vocational rehabilitation, will also start to lobby for increased vocational rehabilitation funding."


Standifer also pointed out that study after study has shown employing people with disabilities saves the country money.


"It has turned out to be cheaper and better to do whatever it takes to get people with disabilities working," he said. "When you support that, they don't need as many other social services. They're not needing Social Security disability income and other things. It's cheaper, it's better and it's healthier."


And, dare I say, it's the way things should be. Our workplaces have always benefited from inclusion.


We should aspire to work alongside people with disabilities, not as an act of good will, but with the hope that we might benefit by learning from each other.


TALK TO REX: Ask workplace questions — anonymously or by name — and share stories with Rex Huppke at ijustworkhere@tribune.com, like Rex on Facebook at facebook.com/rexworkshere, and find more at chicagotribune.com/ijustworkhere.






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Cowboys' Brown dies in crash; former Illini teammate charged

RAW: Irving PD's Cowboys Josh Brent Press Conference (Posted Dec. 8th, 2012)









Dallas Cowboys defensive tackle Josh Brent was arrested for drunk driving and charged with manslaughter on Saturday after a car he was driving crashed and killed teammate Jerry Brown Jr, in the second tragedy involving NFL players in a week.

Police in the Dallas suburb of Irving said that Brent, 24, was driving at high speed on a state highway at 2:21 a.m. when the car slammed into an "outside curb, causing the vehicle to flip at least one time before coming to rest in the middle of the service road."

Brown, who had been in the passenger seat, was pronounced dead at a nearby hospital a short time later. Brent suffered "minor scrapes" and was booked into the Irving jail, where he remained on Saturday awaiting arraignment, police said.

"Officers at the scene believed alcohol was a contributing factor in the crash," police said, adding that Brent was given a sobriety test. "Based on the results and the officer's observations and conversations with Price-Brent, he was arrested for driving while intoxicated," Irving police spokesman John Argumaniz said at a news conference.


“I am devastated and filled with grief,” Brent said in a statement released by his agent Saturday night. “Filled with grief for the loss of my close friend and teammate, Jerry Brown. I am also grief-stricken for his family, friends and all who were blessed enough to have known him.


"I will live with this horrific and tragic loss every day for the rest of my life. My prayers are with his family, our teammates and his friends at this time."








Brown, 25, was a linebacker on the professional team's practice squad but had not played any games with the Cowboys. He had played in one NFL game for the Indianapolis Colts this season before joining the Cowboys.

Brown also played for the Hamilton Tiger-Cats of the Canadian Football League in 2011 and for two Arena Football League team, the Jacksonville Sharks in 2011 and the San Antonio Talons in 2012. Arena football is played indoors on a smaller field than NFL or Canadian outdoor football.

Brent, 24, has started in five games for the Cowboys and played 12 this season since regular starting defensive lineman Jay Ratliff was sidelined with injuries.

Dallas Cowboys owner Jerry Jones issued a statement expressing his condolences to Brown's family.

"We are deeply saddened by the news of this accident and the passing of Jerry Brown. Our hearts and prayers and deepest sympathies are with the members of Jerry's family and all of those who knew him and loved him."

Brent remained in jail on Saturday and his bond will be set at his Sunday morning arraignment, police said. The drunk driving charge was upgraded to intoxication manslaughter, a second degree felony which is punishable in Texas by two to 20 years in prison and a fine up to $10,000.

When police arrived on the scene of the accident after several 911 calls, part of the car was on fire. The 2007 Mercedes sedan was resting on its roof in the middle of the road, and Brent was dragging Brown out of the burning car, said Irving police spokesman John Argumaniz at a news conference.

Police believe, based on gouge marks and other physical evidence at the scene, that Brown was driving faster than the posted 45 miles per hour speed limit.

Argumaniz said the Texas police are still looking for witnesses to the crash, which did not appear to involve any other vehicles.

"There were people on scene," he said. "However, it's our understanding that no one saw what took place. They drove up after the accident."

Brent has been arrested for drunk driving before. While he was on the University of Illinois football team, he was arrested February 23, 2009, on a drunk driving charge, according to Champaign, Illinois, county records. He spent time in the county jail and was suspended from the team, according to local media reports. He eventually left school and was drafted by the Cowboys.


Brent and Brown were teammates at Illinois from 2007-09 under then-coach Ron Zook. Brent was suspended in 2009 after a DUI arrest.


An Illinois spokesman issued this statement: "This is a tragic story. Our thoughts and condolences go out to the Brown family."

Illinois coach Tim Beckman tweeted: "Sad News for the illini family today. Jerry Brown, former illini and current NFL player has passed away. Keep him in your prayers."


Former teammate Arrelious Benn tweeted: "Prayers go out to the family of my former classmate, teammate Former Illini Jerry Brown. RIP. #Illini" 



Tribune reporter Shannon Ryan contributed



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Top Google executive forced off Twitter












Working at Google (GOOG) has its benefits — for one thing, the company’s reputation as an innovator is nearly unmatched — however things aren’t always as simple as they look. After making a joke on Twitter about Microsoft and Nokia’s Windows Phone partnership, Google’s senior vice president of engineering Vic Gundotra was told to stop using the micro-blogging site. Gundotra had been using the social network since December 2007 and suddenly stopped in July 2011. It had been previously speculated that Google CEO Larry Page had told the executive to stop, however nothing had been confirmed until now. While speaking at the SMX Social Media Marketing conference on Thursday, Gundotra confirmed that his “boss” had asked him to stop using the service.


“I was asked not to do that by my boss,” he said, according to TheNextWeb. “I tweeted a tweet about two companies that went viral, went very very viral and made a lot of headline news. And honestly, I didn’t anticipate that my comments would be interpreted in the way they were interpreted.”












The tweet in question was posted on February 11th 2011 and quipped that “two turkeys do not make an Eagle,” a shot at Microsoft (MSFT) and Nokia (NOK) joining to release a new wave of Windows Phones.


Gundotra admitted that he still checks Twitter and Facebook (FB), noting that it is part of his job to keep up on innovation. He can predominantly be found using Google+ these days, however.


Get more from BGR.com: Follow us on Twitter, Facebook


Social Media News Headlines – Yahoo! News


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Rolling Stones rock Brooklyn at anniversary gig












NEW YORK (AP) — It sure didn’t feel like a farewell.


The Rolling Stones — average age 68-plus, if you’re counting — were in rollicking form as they rocked the Barclays Center in Brooklyn for 2½ hours Saturday night, their first U.S. show on a mini-tour marking a mind-boggling 50 years as a rock band.












And although every time the Stones tour, the inevitable questions arise, — whether it’s “The Last Time,” to quote one of their songs — there was no sign that anything is ending anytime soon.


“People say, why do you keep doing this?” mused 69-year-old Mick Jagger, the band’s impossibly energetic frontman, before launching into “Brown Sugar.” ”Why do you keep touring, coming back? The answer is, you’re the reason we’re doing this. Thank you for buying our records and coming to our shows for the last 50 years.”


Jagger was in fine form, with strong vocals and his usual swagger — strutting, jogging, skipping and pumping his arms like a man half his age. And though he briefly donned a flamboyant feathered black cape for “Sympathy for the Devil” and later, some red-sequined tails, he was mostly content to prowl the stage in a tight black T-shirt and trousers.


The band’s guitarists, the brilliant Keith Richards and Ronnie Wood, alternated searing solos and occasionally ventured onto a stage extension that brought them closer to the crowd. The now-gray Richards, wearing a red bandana, exuded the easy familiarity of a favorite uncle: “While we wait for Ronnie,” he said at one point, “I’ll wish you happy holidays.” Watts, the dapper drummer in a simple black T-shirt, smiled frequently at his band mates.


The grizzled quartet was joined on “Gimme Shelter” by Mary J. Blige, who traded vocals with Jagger and earned a huge cheer at the end. Also visiting: the Texas blues guitarist Gary Clark Jr.


The sense of nostalgia was heightened by projections on a huge screen of footage of the early days, when the Stones looked like teenagers. At one point, Jagger reminisced about the first time the band played New York — in 1964.


A carton of milk cost only a quarter then, he said. And a ticket to the Rolling Stones? “I don’t want to go there,” he quipped. It was a reference to the sky-high prices at the current “50 and Counting” shows, where even the “cheap” seats cost a few hundred dollars and a prime seat cost in the $ 700 range or higher.


From the opening number, “Get Off Of My Cloud,” the band played a generous 23 songs, including two new ones — “Doom and Gloom” and “One More Shot” — but mostly old favorites. The rousing encore included “Jumping Jack Flash,” of course, but the final song was “Satisfaction.” And though the song speaks of not getting any, the consensus of the packed 18,000-seat arena was that it was a satisfying evening indeed.


“If you like the Stones, this was as good a show as you could have had,” said one fan, Robert Nehring, 58, of Westfield, N.J., who’d paid $ 500 for his seat. “It was worth it,” he said simply.


The Brooklyn show was a coup for the new Barclays Center — there are no Manhattan shows. It followed two rapturously received Stones shows in London late last month. The band also will play two shows in Newark, N.J., on Dec. 13 and 15.


And just before that, the Stones will join a veritable who’s who of British rock royalty and U.S. superstars at the blockbuster 12-12-12 Superstorm Sandy benefit concert at Madison Square Garden. Also scheduled to perform: Paul McCartney, the Who, Eric Clapton, Bruce Springsteen & The E Street Band, Alicia Keys, Kanye West, Eddie Vedder, Billy Joel, Roger Waters and Chris Martin.


In a flurry of anniversary activity, the band also released a hits compilation last month with two new songs, “Doom and Gloom” and “One More Shot,” and HBO premiered a new documentary on their formative years, “Crossfire Hurricane.”


The Stones formed in London in 1962 to play Chicago blues, led at the time by the late Brian Jones and pianist Ian Stewart, along with Jagger and Richards, who’d met on a train platform a year earlier. Bassist Bill Wyman and Watts were quick additions.


Wyman, who left the band in 1992, was a guest at the London shows last month, as was Mick Taylor, the celebrated former Stones guitarist who left in 1974 and replaced by Wood, the newest Stone and the youngster at 65.


The inevitable questions have been swirling about the next step for the Stones: another huge global tour, on the scale of their last one, “A Bigger Bang,” which earned more than $ 550 million between 2005 and 2007? Something a bit smaller? Or is this mini-tour, in the words of their new song, really “One Last Shot?”


The Stones won’t say. But in an interview last month, they made clear they felt the 50th anniversary was something to be marked.


“I thought it would be kind of churlish not to do something,” Jagger told The Associated Press. “Otherwise, the BBC would have done a rather dull film about the Rolling Stones.”


There certainly was nothing dull about the band’s performance on Saturday, a show that brought together many middle-aged fans, to be sure, but also some of their children, who seemed to be enjoying the classic Stones brand of blues-tinged rock as much as their parents.


Yes, a Stone’s average age might be a bit higher than that of the average Supreme Court justice. (To be fair, the newest justices bring the average down). But to watch these musicians play with vitality and vigor a half-century on is to believe that maybe they were right when they sang, “Time Is On My Side.” At least for a few more years.


__


Associated Press writer David Bauder contributed to this report.


Entertainment News Headlines – Yahoo! News


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New Taxes to Take Effect to Fund Health Care Law





WASHINGTON — For more than a year, politicians have been fighting over whether to raise taxes on high-income people. They rarely mention that affluent Americans will soon be hit with new taxes adopted as part of the 2010 health care law.




The new levies, which take effect in January, include an increase in the payroll tax on wages and a tax on investment income, including interest, dividends and capital gains. The Obama administration proposed rules to enforce both last week.


Affluent people are much more likely than low-income people to have health insurance, and now they will, in effect, help pay for coverage for many lower-income families. Among the most affluent fifth of households, those affected will see tax increases averaging $6,000 next year, economists estimate.


To help finance Medicare, employees and employers each now pay a hospital insurance tax equal to 1.45 percent on all wages. Starting in January, the health care law will require workers to pay an additional tax equal to 0.9 percent of any wages over $200,000 for single taxpayers and $250,000 for married couples filing jointly.


The new taxes on wages and investment income are expected to raise $318 billion over 10 years, or about half of all the new revenue collected under the health care law.


Ruth M. Wimer, a tax lawyer at McDermott Will & Emery, said the taxes came with “a shockingly inequitable marriage penalty.” If a single man and a single woman each earn $200,000, she said, neither would owe any additional Medicare payroll tax. But, she said, if they are married, they would owe $1,350. The extra tax is 0.9 percent of their earnings over the $250,000 threshold.


Since the creation of Social Security in the 1930s, payroll taxes have been levied on the wages of each worker as an individual. The new Medicare payroll is different. It will be imposed on the combined earnings of a married couple.


Employers are required to withhold Social Security and Medicare payroll taxes from wages paid to employees. But employers do not necessarily know how much a worker’s spouse earns and may not withhold enough to cover a couple’s Medicare tax liability. Indeed, the new rules say employers may disregard a spouse’s earnings in calculating how much to withhold.


Workers may thus owe more than the amounts withheld by their employers and may have to make up the difference when they file tax returns in April 2014. If they expect to owe additional tax, the government says, they should make estimated tax payments, starting in April 2013, or ask their employers to increase the amount withheld from each paycheck.


In the Affordable Care Act, the new tax on investment income is called an “unearned income Medicare contribution.” However, the law does not provide for the money to be deposited in a specific trust fund. It is added to the government’s general tax revenues and can be used for education, law enforcement, farm subsidies or other purposes.


Donald B. Marron Jr., the director of the Tax Policy Center, a joint venture of the Urban Institute and the Brookings Institution, said the burden of this tax would be borne by the most affluent taxpayers, with about 85 percent of the revenue coming from 1 percent of taxpayers. By contrast, the biggest potential beneficiaries of the law include people with modest incomes who will receive Medicaid coverage or federal subsidies to buy private insurance.


Wealthy people and their tax advisers are already looking for ways to minimize the impact of the investment tax — for example, by selling stocks and bonds this year to avoid the higher tax rates in 2013.


The new 3.8 percent tax applies to the net investment income of certain high-income taxpayers, those with modified adjusted gross incomes above $200,000 for single taxpayers and $250,000 for couples filing jointly.


David J. Kautter, the director of the Kogod Tax Center at American University, offered this example. In 2013, John earns $160,000, and his wife, Jane, earns $200,000. They have some investments, earn $5,000 in dividends and sell some long-held stock for a gain of $40,000, so their investment income is $45,000. They owe 3.8 percent of that amount, or $1,710, in the new investment tax. And they owe $990 in additional payroll tax.


The new tax on unearned income would come on top of other tax increases that might occur automatically next year if President Obama and Congress cannot reach an agreement in talks on the federal deficit and debt. If Congress does nothing, the tax rate on long-term capital gains, now 15 percent, will rise to 20 percent in January. Dividends will be treated as ordinary income and taxed at a maximum rate of 39.6 percent, up from the current 15 percent rate for most dividends.


Under another provision of the health care law, consumers may find it more difficult to obtain a tax break for medical expenses.


Taxpayers now can take an itemized deduction for unreimbursed medical expenses, to the extent that they exceed 7.5 percent of adjusted gross income. The health care law will increase the threshold for most taxpayers to 10 percent next year. The increase is delayed to 2017 for people 65 and older.


In addition, workers face a new $2,500 limit on the amount they can contribute to flexible spending accounts used to pay medical expenses. Such accounts can benefit workers by allowing them to pay out-of-pocket expenses with pretax money.


Taken together, this provision and the change in the medical expense deduction are expected to raise more than $40 billion of revenue over 10 years.


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