Olympian Pistorius charged with murder


PRETORIA, South Africa (AP) — Paralympic superstar Oscar Pistorius was charged Thursday with the murder of his girlfriend who was shot inside his home in South Africa, a stunning development in the life of a national hero known as the Blade Runner for his high-tech artificial legs.


Reeva Steenkamp, a model who spoke out on Twitter against rape and abuse of women, was shot four times in the predawn hours in the house, in a gated community in the capital, Pretoria, police said.


Hours later after undergoing police questioning, Pistorius left a police station accompanied by officers. He looked down as photographers snapped pictures, the hood on his gray workout jacket pulled up, covering most of his face. His court hearing was originally scheduled for Thursday afternoon but has been postponed until Friday to give forensic investigators time to carry out their work, said Medupe Simasiku, a spokesman for the prosecution.


South Africans were shocked at the killing. But while Pistorius captured the nation's attention with his Olympic dreams, police said there was a history of problems involving him.


There have "previously been incidents at the home of Mr. Oscar Pistorius," said police spokeswoman Brigadier Denise Beukes. Police in South Africa do not name suspects in crimes until they have appeared in court but Beukes said that the 26-year-old Pistorius was at his home at the time of the death of Steenkamp and "there is no other suspect involved."


"Yes, there are witnesses and there have also been interviews this morning," Beukes told reporters outside the gated complex where Pistorius lived. "We are talking about neighbors and people that heard things that happened earlier in the evening and when the shooting took place."


Pistorius' father, Henke, declined to comment when contacted by The Associated Press, only saying "we all pray for guidance and strength for Oscar and the lady's parents."


Neither Pistorius' agent Peet van Zyl nor coach Ampie Louw could be reached while Pistorius' own cellphone went straight to an answerphone service.


Pistorius' former coach, Andrea Giannini, said he hopes it was "just a tragic accident." Gianni said he believed that Pistorius had been dating Steenkamp for "a few months."


"No matter how bad the situation was, Oscar always stayed calm and positive," Giannini told the AP in Italy. "Whenever he was tired or nervous he was still extremely nice to people. I never saw him violent."


Pistorius owned guns and tweeted a photo of himself at a shooting range in November 2011, bragging about his score.


"Had a 96% headshot over 300m from 50shots! Bam!" he tweeted.


Police said that earlier reports that Steenkamp may have been mistaken for a burglar by Pistorius did not come from the police. Several local media outlets had initially reported that the shooting may have been accidental.


Beukes said there had been previous incidents and "allegations of a domestic nature" at the home of the Olympic star and double-amputee runner, who is one of South Africa's and the world's most famous sportsmen and made history at the London Games last year by being the first double-amputee runner to compete at the Olympics.


"I'm not going to elaborate on it but there have been incidents (at Pistorius' home)," Beukes said.


Capacity Relations, a talent management firm, earlier named model Steenkamp as the victim of the shooting. Police spokeswoman Lt. Col. Katlego Mogale told the AP that officers received a call around 3 a.m. after the shooting.


A 9 mm pistol was recovered and a murder case opened against Pistorius.


Pistorius enjoyed target shooting with his pistol and an online advertisement featuring him for Nike read: "I am a bullet in the chamber." An article in January 2012 in The New York Times Magazine described him talking about how he pulled a pistol to search his home when his alarm went off the night before an interview. At Pistorius' suggestion, he and the journalist went to a nearby target range where they fired at targets with a 9 mm pistol. At one point, Pistorius told the writer: "If you practiced, I think you could be pretty deadly."


Asked how often he went target shooting, Pistorius replied: "Just sometimes when I can't sleep."


On Thursday, Mogale said when police arrived at Pistorius' house they found paramedics trying to revive a 30-year-old woman, who had been shot four times. Mogale, who was speaking to the AP from the scene, said the woman died at the house.


Police have still not released the name of the woman, but the publicist for Steenkamp confirmed in a statement that the model was dead.


"We can confirm that Reeva Steenkamp has passed away," Steenkamp's publicist Sarit Tomlinson said. "We are in communication with people on the scene, please wait for official statements, as there is too much speculation at this moment in time. We will provide further information as soon as we are able to provide accurate information as to what transpired.


"Our thoughts and prayers go to the Steenkamp family, who have asked to have their privacy respected during this difficult time, everyone is simply devastated. She was the kindest, sweetest human being; an angel on earth and will be sorely missed."


Tomlinson said Steenkamp, known simply as Reeva, was one of FHM's (formerly For Him Magazine) 100 Sexiest Women in the World for two years running, appeared in countless international and national advertisements and was one of the celebrity contestants on Tropika Island of Treasure, filmed in Jamaica.


On Twitter, she tweeted messages urging women to stand up against rape alongside her excitement about Valentine's Day. "What do you have up your sleeve for your love tomorrow?" she tweeted. "It should be a day of love for everyone."


Mogale and Beukes said the victim's family had not yet identified the body.


Pistorius made history in London last year when he became the first double-amputee track athlete to compete in the Olympic Games, propelling him to the status of an athletics superstar.


Having had both his legs amputated below the knee before his first birthday because of a congenital condition, he campaigned for years to be allowed to compete against able-bodied athletes. Having initially been banned because of his carbon fiber blades — which critics said gave him an unfair advantage — he was cleared by sport's highest court in 2008 and allowed to run at the top events.


He competed in the 400 meters and on South Africa's 4x400 relay team at the London Games, making history after having his selection confirmed on South Africa's team at the very last minute. He also retained his Paralympic title in the 400 meters in London.


South Africa's Sports Confederation and Olympic committee released a statement on Thursday saying they had been "inundated" with requests for comment but were not in a position to give out any details of the shooting.


"SASCOC, like the rest of the public, knows no more than what is in the public domain, which is there has been an alleged fatal shooting on the basis of a mistaken identity and an apparent assumption of a burglary," the South African Olympic committee said. "The organization is in no position to comment on the incident other than to say our deepest sympathy and condolences have been expressed to the families of all concerned."


The International Paralympic Committee also said it wouldn't comment in detail apart from offering its condolences to the victim's family.


"This is a police matter, with a formal investigation currently underway," the IPC said. "Therefore it would be inappropriate for the IPC to comment on this incident until the official police process has concluded. The IPC would like to offer its deepest sympathy and condolences to all families involved in this case."


South Africa has some of the world's highest murder rates, with nearly 50 people killed each day in the nation of 50 million. It also has high rates of rape, other assaults, robbery and carjackings.


U.N. statistics show South Africa has the second highest rate of shooting deaths in the world, second only to Colombia.


___


Imray reported from Cape Town, South Africa. Associated Press writer Michelle Faul contributed to this report from Johannesburg.


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Africa 'must think big for its children'




Children at school in the Mukuru kwa Njenga slum in Nairobi, Kenya.




STORY HIGHLIGHTS


  • New report shows that policies across Africa are helping children's development

  • But laws must improve to help children reach potential, says Catherine Mbengue

  • Scrapping fees in Malawi saw entry to primary school jump from under 50% to 99%

  • At secondary level, education in much of the region is deeply limited, Mbengue says




Editor's note: Catherine Mbengue is a Trustee of the African Child Policy Forum (ACPF) and former senior UNICEF Official. Here, she writes about a new report -- "Children's Chances: How Countries Can Move from Surviving to Thriving," released by Harvard University Press on 13 February 2013.


(CNN) -- Africa has always been a continent of contrasts. And the latest findings from an amazing team of international researchers show that when it comes to providing our children with the best chances in life, Africa once more presents a very mixed picture.


In a new report, never-before-available comparative data on laws and public policies in 191 countries, covering poverty, discrimination, education, health, child labor, child marriage and parental care, reveals how millions of children across the world face conditions that limit their opportunities to thrive and reach their full potential because of governments failure to act.


This new research aims to broaden global attention from solely survival to children's full and healthy development. It comes at a critical time as the global community is looking to set new goals and agree on what all the world's nations will strive for in the so-called "post-2015" agenda following more than a decade of efforts focused around the Millennium Development Goals (MDGs).



Catherine Mbengue

Catherine Mbengue



Children's opportunities are not just shaped by parents and families, but also by national action in the form of laws and public policies.


This may involve removing tuition fees, ensuring inclusive education for children with disabilities, enforcing minimum age requirements for labor, age restrictions for marriage so girls might have a better chance to stay in education, or assisting parents to be able to earn enough to support their children and have the time off from work they need to care for their children's health and education.


Read more: Africa grows, but youth get left behind


And as the new analysis confirms, marked strides have been made across sub-Saharan Africa in areas central to our children's healthy development.




Primary education is tuition free across the majority of the region (in 36 of the 41 countries with available figures) and 13 countries have removed charges for secondary education.


In addition, virtually all sub-Saharan African countries (45 of the 46 countries with data) guarantee paid maternity leave (although of these 23 provide less than the 14-week minimum established by the ILO), and 41 of 45 countries have recognized the need to provide income support during periods of unemployment (although this largely does not cover the informal economy).


And progress in improving children's chances does not necessarily rely on the ability to open large purses. Some low and middle-income countries have made impressive advances for children.


Kenya, for example, makes education compulsory for 12 years, longer than all other countries in the region, including those with a higher GDP, and it has a higher minimum age for full-time work than its neighbors.


Elimination of schools fees in Malawi in the 1990s has led to a jump in primary school enrollment from under 50% in 1991 to 99% in 1999.


Read more: Elite boarding school aims to create Africa's future leaders


Madagascar provides not only paid maternal leave, but also paid leave for children's health and family needs. Progress is clearly possible when there is political will.



There remains substantial room for policy advances to transform the lives of older children, youth and the poorest.
Catherine Mbengue, Trustee of the African Child Policy Forum



But there remains substantial room for policy advances to transform the lives of older children, youth and the poorest. At secondary level, educational opportunities in much of the region are deeply limited -- and limiting. A greater proportion of countries in sub-Saharan Africa than in other regions -- some 61% -- begin charging tuition fees before the end of secondary school.


When we look beyond the issue of accessibility to the quality of education our children receive -- after all it should be fit for purpose -- the region has among the lowest education requirements for teachers, with 50% of countries requiring lower secondary school teachers to have completed no higher than a secondary education (so teachers have barely more education that their students).


Plus, while policies in the formal economy are relatively strong in terms of supporting families, those in the informal economy remain unprotected.


Despite the fact that many countries have set a minimum wage, in 6 countries this wage is just $2 per day or less -- and in 20 others is between $2 an $4, leaving even a family of one adult and one dependent under the $2 poverty line. How can we expect children to thrive given this reality?


What this kind of comparative data and analysis allows us to do is see more clearly where progress is and isn't occurring.


It is only when we begin to call out country's names -- the leaders and the laggards -- that we'll see all children count on having a childhood where they can go to school and not labor full-time, a childhood free of marriages that require them to parent before they have grown up themselves, getting the education they need to find work that will lift them out of poverty, and not facing discrimination based on their gender or ethnicity.


Africa should be a region that has high ambitions for its children and demand that the post-2015 development agenda is one that thinks big for our children and their chances.


Read the report and stay up to date on Twitter #kidschances.


The opinions expressed in this commentary are soley those of Catherine Mbengue






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A Minute With: Michael Haneke and the story behind “Amour”






LOS ANGELES (Reuters) – Austrian director Michael Haneke said his stark drama “Amour,” which has scored a surprising five Oscar nominations including for Best Picture, was inspired by his own experiences dealing with an aged aunt facing death.


The unflinching take on devotion, growing old and illness has also picked up Oscar nominations for Best Director, Best Original Screenplay, Best Foreign Film and Best Actress for Emmanuelle Riva‘s performance as bed-ridden Anne.






Haneke, who is also known for 2001′s “The Piano Teacher” and 1997′s “Funny Games” and its 2007 Hollywood remake, is the favorite to win the Best Foreign Film award for which he was nominated in 2010 for “The White Ribbon.”


Haneke, 70, spoke to Reuters from Madrid, where he is directing the Mozart opera “Cosi Fan Tutte,” about the film, what it would mean to win an Oscar, and his future plans.


Q: What do you make of some of the critics who, in their praise, have called the drama a horror film for its graphic portrayal of the end of life?


A: I believe that it has been a bit exaggerated how the film has been portrayed. The film is shocking, but the truth is always shocking. It’s no walk in the park, but it’s difficult and serious, and that makes it contemplative. I assume that I have an adult audience and that they’ll understand the situation. The film shouldn’t be a distraction (from life) – as many films are – but the film is also not meant to shock.


Q: What intentions did you set out with?


A: I wanted to make a film about how we deal with the suffering of the people that we love. I could’ve certainly made a film about a couple married for 40 years with a child who dies of cancer. That would only be a tragic, singular case and less representative. But we all grow old and nearly all of us get sick and that subject matter is more general and concerns nearly everyone one of us.


I’ve also heard in the reception to the film from people that have said it’s just like what happened to me and my family. Indeed, that crosses generations as young people live through how their grandparents die or become ill or simply suffer, and now their parents are in the same situation. It’s a matter that affects everyone.


Q: Did you have an inspiration for the film?


A: The story arose out of my family. My aunt killed herself at the age of 93 and before she did it she asked me whether or not I could help her. I loved her very much and to watch her suffer was very difficult, but I certainly couldn’t help her (kill herself) because I’d be thrown in jail. Personally, I don’t believe I could’ve done it anyway.


Q: Did you expect “Amour” to receive five Oscar nominations?


A: No, certainly not. I had hoped and figured … that one or another nomination would come our way but I was naturally, like many, pleasantly surprised.


Q: How will it be to be a star of sorts at the Oscars?


A: Star? Those who are invited are of course stars (laughs) … I certainly find it delightful to get dressed up with these people that the entire world knows and to compete alongside them. It’s quite enjoyable.


Q: What will it be like if “Amour” wins?


A: I’ll be happy. We’re happy about any prize but you don’t make films to win awards. Nonetheless, you’re certainly quite happy about the recognition. For the film, it also makes it possible for many more to see it. And each prize piques the interest of more people to watch the film.


Q: How much longer do you intend to keep making films?


A: As long as I can. I don’t know that answer. I could drop dead tomorrow or fall seriously ill. I’m no longer 25 years old but I don’t plan on calling it quits anytime soon, and perhaps that annoys someone somewhere.


(Reporting by Eric Kelsey, Editing by Belinda Goldsmith)


Movies News Headlines – Yahoo! News





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Wall Street up modestly, extends recent rally

NEW YORK (Reuters) - U.S. stocks rose modestly on Wednesday, putting the S&P near its highest intraday level in more than five years as the market's recent streak of slight gains on low volume continued.


Equities have been strong performers of late, buoyed largely by healthy growth in corporate earnings, with the S&P 500 gaining 6.5 percent so far this year. The Dow is about 1 percent from an all-time intraday high, reached in October 2007.


Those gains could leave the market vulnerable to a pullback as investors take profit amid a dearth of new trading catalysts. While analysts continue to see an upward bias in markets, recent daily moves have been small and trading volumes have been light, with the S&P near its highest since November 2007.


"There is a general upward bias, but right now we're at the top of the range we've been in, so we could struggle to advance further," said Paul Nolte, managing director at Dearborn Partners in Chicago.


The S&P 500 was well over its 50-day moving average of 1,460.92, a sign the market could be overbought.


Comcast Corp agreed late Tuesday to buy General Electric Co's remaining 49 percent stake in NBC Universal for $16.7 billion. Comcast jumped 6.3 percent to $41.41 as the S&P's top percentage gainer while Dow component GE was up 3 percent to $23.26.


Deere & Co reported earnings that beat expectations and raised its full-year profit outlook. After initially rallying in premarket trading, the stock fell 0.9 percent to $93.12.


According to the latest Thomson Reuters data, of the 353 companies in the S&P 500 that have reported results, 70.3 percent have exceeded analysts' expectations, above a 62 percent average since 1994 and 65 percent over the past four quarters.


Fourth-quarter earnings for S&P 500 companies are estimated to have risen 5.3 percent, according to the data, above a 1.9 percent forecast at the start of the earnings season.


The Dow Jones industrial average <.dji> was down 16.44 points, or 0.12 percent, at 14,002.26. The Standard & Poor's 500 Index <.spx> was up 1.12 points, or 0.07 percent, at 1,520.55. The Nasdaq Composite Index <.ixic> was up 4.32 points, or 0.14 percent, at 3,190.81.


The S&P was mere points away from 1,523.57, which would represent the index's highest intraday level since November 1, 2007.


Industrial and construction shares will be in focus following President Barack Obama's State of the Union address on Tuesday, during which he called for a $50 billion spending plan to create jobs by rebuilding degraded roads and bridges. He also backed higher taxes on the wealthy.


Yahoo Inc Chief Executive Marissa Mayer said Tuesday the company's search partnership with Microsoft Corp was not delivering the market share gains or the revenue boost that it should.


Retail sales rose 0.1 percent in January, as expected, as tax increases and higher gasoline prices restrained spending. Equities were little impacted by the data.


(Editing by Bernadette Baum and Nick Zieminski)



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IOC president Rogge to meet with wrestling leader


LAUSANNE, Switzerland (AP) — IOC President Jacques Rogge says he will meet with the head of wrestling's governing body to discuss ways the sport can fight to save its place in the 2020 Olympics.


The IOC executive board dropped wrestling from the program of the 2020 Games on Tuesday, removing it from the list of 26 sports at last year's London Olympics.


The decision, which still must be ratified by the full IOC in September, has been criticized by wrestling organizations around the world.


Rogge says he has been contacted by Raphael Martinetti, the president of international wrestling federation FILA. He says "we agreed we would meet at the first opportunity to have discussions."


Rogge says he was encouraged that FILA had "vowed to adapt the sport and vowed to fight to be eventually included in the 2020 slot."


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Why pope will long be remembered




Tim Stanley says Pope Benedict will be seen as an important figure in church history.




STORY HIGHLIGHTS


  • Timothy Stanley: Benedict XVI's resignation is historic since popes usually serve for life

  • He says pope not so much conservative as asserting church's "living tradition"

  • He backed traditionalists, but a conflicted flock, scandal, culture wars a trial to papacy, he says

  • Stanley: Pope kept to principle, and if it's not what modern world wanted, that's world's problem




Editor's note: Timothy Stanley is a historian at Oxford University and blogs for Britain's The Daily Telegraph. He is the author of "The Crusader: The Life and Times of Pat Buchanan."


(CNN) -- Journalists have a habit of calling too many things "historic" -- but on this occasion, the word is appropriate. The Roman Catholic Church is run like an elected monarchy, and popes are supposed to rule until death; no pope has stepped down since 1415.


Therefore, it almost feels like a concession to the modern world to read that Benedict XVI is retiring on grounds of ill health, as if he were a CEO rather than God's man on Earth. That's highly ironic considering that Benedict will be remembered as perhaps the most "conservative" pope since the 1950s -- a leader who tried to assert theological principle over fashionable compromise.



Timothy Stanley

Timothy Stanley



The word "conservative" is actually misleading, and the monk who received me into the Catholic Church in 2006 -- roughly a year after Benedict began his pontificate -- would be appalled to read me using it. In Catholicism, there is no right or left but only orthodoxy and error. As such, Benedict would understand the more controversial stances that he took as pope not as "turning back the clock" but as asserting a living tradition that had become undervalued within the church. His success in this regard will be felt for generations to come.


He not only permitted but quietly encouraged traditionalists to say the old rite, reviving the use of Latin or receiving the communion wafer on the tongue. He issued a new translation of the Roman Missal that tried to make its language more precise. And, in the words of one priest, he encouraged the idea that "we ought to take care and time in preparing for the liturgy, and ensure we celebrate it with as much dignity as possible." His emphasis was upon reverence and reflection, which has been a healthy antidote to the 1960s style of Catholicism that encouraged feverish participation bordering on theatrics.


Nothing the pope proposed was new, but it could be called radical, trying to recapture some of the certainty and beauty that pervaded Catholicism before the reforming Vatican II. Inevitably, this upset some. Progressives felt that he was promoting a form of religion that belonged to a different century, that his firm belief in traditional moral theology threatened to distance the church from the people it was supposed to serve.



If that's true, it wasn't the pope's intent. Contrary to the general impression that he's favored a smaller, purer church, Benedict has actually done his best to expand its reach. The most visible sign was his engagement on Twitter. But he also reached out to the Eastern Orthodox Churches and spoke up for Christians persecuted in the Middle East.


In the United Kingdom, he encouraged married Anglican priests to defect. He has even opened up dialogue with Islam. During his tenure, we've also seen a new embrace of Catholicism in the realm of politics, from Paul Ryan's nomination to Tony Blair's high-profile conversion. And far from only talking about sex, Benedict expanded the number of sins to include things such as pollution. It's too often forgotten that in the 1960s he was considered a liberal who eschewed the clerical collar.


The divisions and controversies that occurred under Benedict's leadership had little to do with him personally and a lot more to do with the Catholic Church's difficult relationship with the modern world. As a Catholic convert, I've signed up to its positions on sexual ethics, but I appreciate that many millions have not. A balance has to be struck between the rights of believers and nonbelievers, between respect for tradition and the freedom to reject it.


As the world has struggled to strike that balance (consider the role that same-sex marriage and abortion played in the 2012 election) so the church has found itself forced to be a combatant in the great, ugly culture war. Benedict would rather it played the role of reconciler and healer of wounds, but at this moment in history that's not possible. Unfortunately, its alternative role as moral arbiter has been undermined by the pedophile scandal. Nothing has dogged this pontificate so much as the tragedy of child abuse, and it will continue to blot its reputation for decades to come.


For all these problems, my sense is that Benedict will be remembered as a thinker rather than a fighter. I have been so fortunate to become a Catholic at a moment of liturgical revival under a pope who can write a book as majestic and wise as his biography of Jesus. I've been lucky to know a pope with a sense of humor and a willingness to talk and engage.


If he wasn't what the modern world wanted -- if he wasn't prepared to bend every principle or rule to appease all the people all the time -- then that's the world's problem rather than his. Although he has attained one very modern distinction indeed. On Monday, he trended ahead of Justin Bieber on Twitter for at least an hour.


Follow us on Twitter @CNNOpinion


Join us on Facebook/CNNOpinion


The opinions expressed in this commentary are solely those of Timothy Stanley.






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Netflix, DreamWorks Partner for Original Kids Series






Days after launching “House of Cards,” Netflix is applying the same approach to children’s content. It’s teaming with DreamWorks Animation (DWA) (DWA) to create Netflix’s first original series for kids.


The series, “Turbo: F.A.S.T.,” is based on DWA’s movie “Turbo,” which is scheduled to open in theaters this summer. “Turbo: F.A.S.T.” will debut exclusively on Netflix in the U.S. and 40 other countries.






Netflix and DWA are not revealing the financial terms of the deal. But it doesn’t just include this new series. New movies from the studio will be available to U.S. subscribers starting with its 2013 films.


Like “House of Cards,” which was released as a full series on Feb. 1 for binge viewers, this is a big deal for Netflix: (Read More: Netflix’s ‘House of Cards’ Binge Strategy.)


Netflix is doubling down on kids content, investing to make itself a can’t-miss subscription for families. DreamWorks Animation content must be pricey — the studio spends years and well over $ 100 million to produce its feature films. But Netflix is building on its area of strength — it has a massive kids audience, streaming more than 2 billion hours of children’s content last year. Parents like Netflix’s easy way to find family friendly movies and shows on-demand and ad-free.


(Read More: Netflix Delivers Surprise Profit, Outlook; Shares Jump)


For DreamWorks Animation, it’s a much-needed new revenue stream.DWA shares have plummeted on reports that the animation studio could lay off as much as 20 percent of its staff. (Read More: DreamWorks Shares Fall After Movie Delay)


The company has struggled with incredibly volatile stock performance, which reflects the fact that it releases just a few films a year. The reports of layoffs come as the studio delayed release of “Mr. Peabody & Sherman” from November 2013 to March 2014. DWA has been working on more TV shows, but the nature of its premium digital animation means a long lead-time. The Netflix deal is yet another move to diversity revenue away from reliance on the box office just twice a year, and the resulting home video revenue.


For other tech news, see:


_ Spy Movie Staple, Apple Smart Watches May Arrive Soon


_ Models on Twitter: Tech Hits the Catwalk


_ Samsung Looks to Rival Apple’s Cool


More From CNBC


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Wall Street opens flat with Obama speech on deck

NEW YORK (Reuters) - Stocks were little changed on Tuesday, hovering near multi-year highs as traders awaited President Barack Obama's State of the Union address.


The economy will be one of the main topics of Obama's speech at 9 p.m. (0200 GMT Wednesday). Investors will listen for any clues on a deal with Republicans in Congress to avert automatic spending cuts due to take effect March 1.


The S&P 500 has risen in the past six weeks and is up more than 6 percent so far this year. Despite a dip in volume Monday and the sideways move this week the market is showing technical strength as it digests the recent gains.


"It's positive we haven't seen an urge to take profits after the run-up we had recently," said Peter Jankovskis, co-chief investment officer at OakBrook Investments in Lisle, Illinois.


He said it was natural for the market to be pausing amid a lack of major economic data points and with earnings season winding down, and markets will be attentively watching Obama's speech in Washington.


The Dow Jones industrial average <.dji> rose 7.6 points or 0.05 percent, to 13,978.84, the S&P 500 <.spx> lost 0.27 points or 0.02 percent, to 1,516.74 and the Nasdaq Composite <.ixic> dropped 1.41 points or 0.04 percent, to 3,190.59.


Coca-Cola Co shares fell 1.5 percent to $38.04 after the world's largest soft drink maker reported quarterly earnings that were slightly better than expected as strength in emerging markets offset a decline in European business.


Avon Products shares jumped 13.4 percent to $19.59 after the beauty products company reported a better-than-expected quarterly profit.


Goodyear Tire & Rubber shares fell 4.6 percent to $13.27 after it posted a stronger-than-expected quarterly profit but cut its 2013 forecast due to weakness in the European automotive market.


Michael Kors Holdings shares soared 12 percent to $63.82 after the fashion company handily beat Wall Street's estimates and raised its full-year outlook.


(Reporting by Rodrigo Campos; Editing by Chizu Nomiyama, Kenneth Barry and Nick Zieminski)



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IOC drops wrestling from 2020 Olympics


LAUSANNE, Switzerland (AP) — IOC leaders dropped wrestling from the Olympic program on Tuesday, a surprise decision that removes one of the oldest Olympic sports from the 2020 Games.


The IOC executive board decided to retain modern pentathlon — the event considered most at risk — and remove wrestling instead from its list of 25 "core sports."


The IOC board acted after reviewing the 26 sports on the current Olympic program. Eliminating one sport allows the International Olympic Committee to add a new sport to the program later this year.


Wrestling, which combines freestyle and Greco-Roman events, goes back to the inaugural modern Olympics in Athens in 1896.


"This is a process of renewing and renovating the program for the Olympics," IOC spokesman Mark Adams said. "In the view of the executive board, this was the best program for the Olympic Games in 2020. It's not a case of what's wrong with wrestling, it is what's right with the 25 core sports."


Adams said the decision was made by secret ballot over several rounds, with members voting each time on which sport should not be included in the core group. IOC President Jacques Rogge did not vote.


Wrestling was voted out from a final group that also included modern pentathlon, taekwondo and field hockey, officials familiar with the vote told The Associated Press. They spoke on condition of anonymity because the voting details were not made public.


The board voted after reviewing a report by the IOC program commission report that analyzed 39 criteria, including television ratings, ticket sales, anti-doping policy and global participation and popularity. With no official rankings or recommendations contained in the report, the final decision by the 15-member board was also subject to political, emotional and sentimental factors.


The international wrestling federation, known by the French acronym FILA, is headed by Raphael Martinetti and is based in Corsier-sur-Vevey, Switzerland. Calls to the federation for comment were not immediately returned.


Wrestling featured 344 athletes competing in 11 medal events in freestyle and seven in Greco-Roman at last year's London Olympics. Women's wrestling was added to the Olympics at the 2004 Athens Games.


Wrestling will now join seven other sports in applying for inclusion in 2020. The others are a combined bid from baseball and softball, karate, squash, roller sports, sport climbing, wakeboarding and wushu. They will be vying for a single opening in 2020.


The IOC executive board will meet in May in St. Petersburg, Russia, to decide which sport or sports to propose for 2020 inclusion. The final vote will be made at the IOC session, or general assembly, in September in Buenos Aires, Argentina.


It is extremely unlikely that wrestling would be voted back in so soon after being removed by the executive board.


"Today's decision is not final," Adams said. "The session is sovereign and the session will make the final decision."


The last sports removed from the Olympics were baseball and softball, voted out by the IOC in 2005 and off the program since the 2008 Beijing Games. Golf and rugby will be joining the program at the 2016 Games in Rio de Janeiro.


Previously considered under the closest scrutiny was modern pentathlon, which has been on the Olympic program since the 1912 Stockholm Games. It was created by French baron Pierre de Coubertin, the founder of the modern Olympic movement, and combines fencing, horse riding, swimming, running and shooting.


Klaus Schormann, president of governing body UIPM, lobbied hard to protect his sport's Olympic status and it paid off in the end.


"We have promised things and we have delivered," he said after Tuesday's decision. "That gives me a great feeling. It also gives me new energy to develop our sport further and never give up."


Modern pentathlon also benefited from the work of Juan Antonio Samaranch Jr., the son of the former IOC president who is a UIPM vice president and member of the IOC board.


"We were considered weak in some of the scores in the program commission report but strong in others," Samaranch told the AP. "We played our cards to the best of our ability and stressed the positives. Tradition is one of our strongest assets, but we are also a multi-sport discipline that produces very complete people."


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What beats Grammy? Immortality













Legends beyond their own time


Legends beyond their own time


Legends beyond their own time


Legends beyond their own time


Legends beyond their own time


Legends beyond their own time








STORY HIGHLIGHTS


  • Bob Greene: Grammy nominated acts should remember the real prize comes later in life

  • He says at a hotel he ran into a group of singing stars from an earlier era, in town for a show

  • He says the world of post-fame touring less glamorous for acts, but meaningful

  • Greene: Acts grow old, but their hits never will and to fans, the songs are time-machine




Editor's note: CNN Contributor Bob Greene is a best-selling author whose 25 books include "When We Get to Surf City: A Journey Through America in Pursuit of Rock and Roll, Friendship, and Dreams"; "Late Edition: A Love Story"; and "Once Upon a Town: The Miracle of the North Platte Canteen."


(CNN) -- Memo to Carly Rae Jepsen, Frank Ocean, Hunter Hayes, Mumford & Sons, Miguel, the Alabama Shakes and all the other young singers and bands who are nominated for Sunday night's Grammy Awards:


Your real prize -- the most valuable and sustaining award of all -- may not become evident to you until 30 or so years have passed.


You will be much older.


But -- if you are lucky -- you will still get to be out on the road making music.



Bob Greene

Bob Greene



Many of Sunday's Grammy nominees are enjoying the first wave of big success. It is understandable if they take for granted the packed concert venues and eye-popping paychecks.


Those may go away -- the newness of fame, the sold-out houses, the big money.


But the joy of being allowed to do what they do will go on.


I've been doing some work while staying at a small hotel off a highway in southwestern Florida. One winter day I was reading out on the pool deck, and there were some other people sitting around talking.


They weren't young, by anyone's definition. They did not seem like conventional businessmen or businesswomen on the road, or like retirees. There was a sense of nascent energy and contented anticipation in their bearing, of something good waiting for them straight ahead. A look completely devoid of grimness or fretfulness, an afternoon look that said the best part of the day was still to come.


I would almost have bet what line of work they were in. I'd seen that look before, many times.


I could hear them talking.


Yep.


The Tokens ("The Lion Sleeps Tonight," a No. 1 hit in 1961).




Little Peggy March ("I Will Follow Him," a No. 1 hit in 1963).


Little Anthony and the Imperials ("Tears on My Pillow," a top 10 hit in 1958).


Major singing stars from an earlier era of popular music, in town for a multi-act show that evening.


It is the one sales job worth yearning for -- carrying that battered sample case of memorable music around the country, to unpack in front of a different appreciative audience every night.


It's quite a world. I was fortunate enough to learn its ins and outs during the 15 deliriously unlikely years I spent touring the United States singing backup with Jan and Dean ("Surf City," a No. 1 hit in 1963) and all the other great performers with whom we shared stages and dressing rooms and backstage buffets:


Chuck Berry, Martha and the Vandellas, Jerry Lee Lewis, Little Richard, the Everly Brothers, James Brown, Lesley Gore, Freddy "Boom Boom" Cannon, the Kingsmen, the Drifters, Fabian, the Coasters, Little Eva, the Ventures, Sam the Sham. ...


Jukebox names whose fame was once as fresh and electric as that now being savored by Sunday's young Grammy nominees.


Decades after that fame is new, the road may not be quite as glamorous, the crowds may not be quite as large. The hours of killing time before riding over to the hall, the putrid vending-machine meals on the run, the way-too-early-in-the-morning vans to the airport -- the dreary parts all become more than worth it when, for an hour or so, the singers can once again personally deliver a bit of happiness to the audiences who still adore their music.


Greene: Super Bowl ad revives iconic voice


As the years go by, the whole thing may grow complicated -- band members come and go, they fight and feud, some quit, some die. There are times when it seems you can't tell the players without a scorecard -- the Tokens at the highway hotel were, technically and contractually, Jay Siegel's Tokens (you don't want to know the details). One of their singers (not Jay Siegel -- Jay Traynor) was once Jay of Jay and the Americans, a group that itself is still out on the road in a different configuration with a different Jay (you don't want to know).


But overriding all of this is a splendid truism:


Sometimes, if you have one big hit, it can take care of you for the rest of your life. It can be your life.


Sunday's young Grammy nominees may not imagine, 30 years down the line, still being on tour. But they -- the fortunate ones -- will come to learn something:


They will grow old, but their hits never will -- once people first fall in love with those songs, the songs will mean something powerful and evocative to them for the rest of their lives.


And as long as there are fairground grandstands on summer nights, as long as there are small-town ballparks with stages where the pitcher's mound should be, the singers will get to keep delivering the goods.


That is the hopeful news waiting, off in the distance, for those who will win Grammys Sunday, and for those who won't be chosen.


On the morning after that pool-deck encounter in Florida I headed out for a walk, and in the parking lot of the hotel I saw one of the Tokens loading his stage clothes into his car.


His license plate read:


SHE CRYD


I said to him:


"You sing lead on 'She Cried,' right?"


"Every night," he said, and drove off toward the next show.


The next show.


That's the prize.


That's the trophy, right there.


Follow @CNNOpinion on Twitter.


Join us at Facebook/CNNOpinion.


The opinions expressed in this commentary are solely those of Bob Greene.






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