Wall Street ends slightly higher, helped by acquisitions

NEW YORK (Reuters) - The S&P 500 eked out a small gain for a third straight session on Thursday, helped by a flurry of merger activity, though investors see no catalysts to lift the market further with major averages near multi-year highs.


The market's slowed advance took the S&P 500 to its highest intraday level since November 2007 on Wednesday. While the index notched its third straight day of gains, none was more than 0.2 percent.


Shares of H.J. Heinz Co jumped 20 percent to $72.50 after it said Warren Buffett's Berkshire Hathaway and 3G Capital will buy the food company for $72.50 a share, or $28 billion including debt. Berkshire's class B shares rose 1.3 percent to $99.21.


Also supporting the market was data showing the number of Americans filing new claims for unemployment benefits fell more than expected in the latest week. The CBOE Volatility index <.vix> fell 2.4 percent, dropping to 12.67.


"While I'm not bearish, I don't see many upside motivations at these levels," said Donald Selkin, chief market strategist at National Securities in New York, who cited the low level of the VIX as a sign the market was overbought.


Equities have struggled to break above current levels where they have been hovering for almost two weeks. The S&P 500 is up more than 6 percent so far this year.


"We need to digest some of our gains to go higher, but people are so eager to buy on the dips that we're not even seeing dips anymore. People are just chasing the market higher," said Selkin, who helps oversee about $3 billion in assets.


Stocks fell earlier after a report the euro zone's gross domestic product contracted by the steepest amount since the first quarter of 2009. In addition, Japan's GDP shrank 0.1 percent in the fourth quarter, crushing expectations of a modest return to growth.


The Dow Jones industrial average <.dji> was down 9.52 points, or 0.07 percent, at 13,973.39. The Standard & Poor's 500 Index <.spx> was up 1.05 points, or 0.07 percent, at 1,521.38. The Nasdaq Composite Index <.ixic> was up 1.78 points, or 0.06 percent, at 3,198.66.


Constellation Brands soared 37 percent to $43.75 after AB InBev's deal to take over Mexican brewer Grupo Modelo was revised to grant Constellation perpetual rights to distribute Corona and other Modelo brands in the United States. U.S. shares of AB InBev gained 5.1 percent to $92.77.


American Airlines and US Airways Group said they plan to merge in a deal that will form the world's biggest air carrier, with an equity valuation of about $11 billion. US Airways shares fell 4.6 percent to $13.99.


Weakness in Europe contributed to a 5 percent drop in revenue from the region for Cisco Systems , which nonetheless beat estimates as it reported its results late Wednesday. The company's shares dipped 0.7 percent to $20.99.


General Motors Co reported a weaker-than-expected fourth-quarter profit, also citing bigger losses in Europe alongside lower prices in its core North American market. The stock was off 3.3 percent to $27.73.


Only five more stocks rose than fell on the New York Stock Exchange, while 51 percent of Nasdaq-listed shares closed higher.


Volume was light, with about 6.36 billion shares changing hands on the New York Stock Exchange, the Nasdaq and NYSE MKT, below the daily average so far this year of about 6.48 billion shares.


(Editing by Nick Zieminski and Kenneth Barry)



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The Lede: Teenager Killed as Bahrain Marks Protest Anniversary

Video posted on YouTube by activists in Bahrain showed a man confronting riot police officers after a young protester was shot and killed in the village of Al Daih on Thursday.

A Bahraini teenager was shot and killed during clashes with the kingdom’s security forces on Thursday, as protesters marked the second anniversary of the start of their movement calling for reforms on the Arab island.

Both rights activists and the interior ministry reported the young man’s death in the village of Al Daih, outside Manama, the capital. The Bahrain Center for Human Rights posted an image of a death certificate online that said Hussein Ali Ahmed, 16, was killed at 8:30 a.m. on Thursday by gunshot.

The rights group also added the young man’s name to a list of 88 fatalities since the protest movement began two year ago. According to the center, whose founder and current president have both been jailed for their part in the protest movement, 88 people have died since Feb. 14, 2011, including three police officers.

After the young man was shot, local activists uploaded graphic video and distressing photographs of the frantic attempts to save his life, despite a gaping wound in his chest.

One image posted online later was said to show the dead boy’s blood on a man’s shirt.

In another, a woman pushed a shopping cart filled with spent tear gas canisters fired at protesters during the clashes in the village.

Maj. Gen. Tariq Hassan Al Hassan, Bahrain’s chief of public security, acknowledged the death of a “rioter” in a statement that blamed protesters for “several incidents of violent attacks on police officers, attacks on citizens, destruction of property and blocking of roads.”

The police chief’s statement also defended the actions of his officers as necessary since the presence of protesters on the roads of the kingdom impeded the flow of traffic.

Police responded to restore order and clear roads. Traffic flowed freely in the vast majority of areas throughout the day.

When necessary, the police employed proportionate force to disperse violent crowds. Most incidents involved small groups of rioters who were quickly dispersed before they could amass into larger groups. During some of these dispersals, several police officers were injured. Some were injured severely and required hospital care.

The most violent group amassed at around 8 a.m. in the village of Daih, where 300 rioters assembled to attack police, who were deployed in the area, with rocks, steel rods and Molotov cocktails. Warning shots were fired but failed to disperse the advancing crowd who continued their attack. Officers discharged birdshot to defend themselves. At least one rioter was injured in the process. A short time later, a young man was pronounced dead at Salmaniya Medical Center.

The statement said that the death would be investigated and conveyed the police chief’s condolences to the family, while adding that he had “advised young men to avoid taking part in violent street activities and riots,” the day before.

International human rights groups have criticized Bahrain’s use of force in its crackdown on dissent.

Ahmed Al-haddad, who handles international relations for the Bahrain Center for Human Rights, posted an image on Twitter of what he said was an Italian-made shotgun used by the security forces to fire at demonstrators.

Thirteen of the country’s most prominent dissidents remain in jail after being convicted by a military tribunal of trying to overthrow the government. As our colleague Kareem Fahim reported last month, a court upheld their sentences of between five years and life in prison for their leadership roles in the protest movement.

The protests and clashes before and after the fatal shooting in Al Daih were extensively documented in photographs and video posted online by activist bloggers. In several photographs, protesters could be seen holding up cameraphones as they marched.

Mazen Mahdi, a Bahraini photojournalist, wrote on Twitter that he and other photographers were briefly detained while covering the protests.

Video posted online by activists later on Thursday showed the street fighting between rock-throwing protesters and officers who fired tear gas, shotgun pellets and stun grenades. Another raw clip showed a tense confrontation after the fatal shooting between an emotional man and riot police officers.

Activists posted more video online late Thursday that appeared to show the protesters regrouped on the streets after dark and chanted, “The People Want to Topple the Regime!”

Video posted online by activists in Bahrain appeared to show protesters on the streets of Al Daih on Thursday night.

Clashes south of the capital, in Sitra and Nuwaidrat, were also documented on video by activists calling themselves the Media Center for the Revolution in Bahrain (who add titles to their clips and what seems to be introductory music copied from videos posted online by The Associated Press).

In the video from Sitra, a police vehicle appeared to catch fire after protesters hurled Molotov cocktails at it.

The group’s footage of a clash in Nuwaidrat showed small numbers of protesters and the security forces facing off across flaming barricades

The monarchy’s police force continued its aggressive use of social media to combat perceptions that its use of violence in response to protests is disproportionate. The official interior ministry Twitter feed on Thursday featured two video clip uploaded to a police YouTube account on Thursday of “thugs” hurling Molotov cocktails at officers. One of the clips was recorded last week, the police said, the second was undated.

The police did not explain why these previously recorded video clips were not posted on YouTube until the day of the protest movement’s anniversary and did not immediately reply to a request for comment from The Lede.


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Amazon shares climb on Kindle e-book optimism






SAN FRANCISCO (Reuters) – Amazon.com Inc shares climbed more than 4 percent on Tuesday after an analyst note fueled optimism about the company’s Kindle e-book business.


The e-book market is a lot bigger than previously thought, and owners of Kindle e-readers and tablets are reading more e-books, Morgan Stanley‘s Scott Devitt, a leading Internet and e-commerce analyst, told investors in the research note.






Devitt estimated worldwide e-book unit sales of 859 million in 2012, up considerably from a previous estimate of 567 million. With almost 45 percent of the e-book market, Amazon likely sold 383 million e-books last year, compared with an earlier estimate of 252 million, the analyst added.


Amazon’s broader strategy is to sell mobile devices at or near cost and make money when consumers use the gadgets to buy digital content, including e-books, music, videos, apps and games.


Devitt said on Wednesday that the strategy may be working with e-books, one of Amazon’s oldest digital categories.


“We initially assumed that early adopters of eReader devices would be avid readers and, therefore, the marginal buyer would read less,” Devitt wrote.


However, data from a recent Amazon presentation show that consumers who bought a Kindle in 2011 read 4.6 times more e-books, on average, in the 12 months following their gadget purchase, compared with the 12 months before getting the device, the analyst noted.


Similar data from 2008 show consumers reading e-books 2.6 times as much after their Kindle device purchase, on average, according to Devitt.


The success of Amazon’s Kindle business is important because it is more profitable than some of the company’s other operations, Devitt said.


The Kindle business, which includes the gadgets and related digital content sales, generated about 11 percent of Amazon’s sales last year and 34 percent of the company’s consolidated segment operating income, or CSOI, Devitt estimated. The CSOI is a closely watched measure of Amazon’s profitability.


“The Kindle franchise is a profit pool that subsidizes investments in other growth initiatives,” Devitt wrote.


Amazon shares rose 4.1 percent to $ 269.30 in afternoon trading on Wednesday.


(Reporting By Alistair Barr; editing by Gunna Dickson)


Gadgets News Headlines – Yahoo! News





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Carly Rae Jepsen Reveals Why She's Heartbroken on New Single 'Tonight I'm Getting Over You'






Only on People.com








02/13/2013 at 04:45 PM EST



Heartbreak was far from the theme of Carly Rae Jepsen's catchy, career-launching Grammy-nominated radio hit, "Call Me Maybe" – but in her latest single, the starlet touches on romance gone wrong.

Reliving the past failed relationship that inspired "Tonight I'm Getting Over You," Jepsen, 27, recently explained at PEOPLE's pre-Grammy soiree at Sayers Club in Hollywood, "As an artist, it's fun to explore [my] many sides and sort of go through my experience with love in a more personal way. I hope you haven't experienced it, but I certainly have had that relationship that is on-again, off-again and good and bad."

The singer – who has most recently been dating fellow musician Matthew Koma – goes on to say, "With this particular song, it was sort of that decision that even though [the relationship] is hot and cold, sometimes you've got to move on."

Jepsen, who performed a soulful, acoustic version of the typically upbeat song at the party, sings in the lyrics, "We're not lovers, but more than friends. Put a flame to every single word you ever said. No more crying to get me through. I'll keep dancing 'til the morning with somebody new. Tonight I'm getting over you."

Says Jepsen of the Max Martin-produced tune: "I think it's important to have a bit of a connection to a song that you sing, and there's going to be some grittiness behind it, because otherwise it doesn't come across as sincere. So I do think I tap into those memories in a certain way, but it doesn't make me feel sad. It just makes me feel a little contemplative and in the moment."

The man behind the music has not been revealed – and Jepsen says with a laugh, "It's probably for the best" that he doesn't know it's about him.

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Clues to why most survived China melamine scandal


WASHINGTON (AP) — Scientists wondering why some children and not others survived one of China's worst food safety scandals have uncovered a suspect: germs that live in the gut.


In 2008, at least six babies died and 300,000 became sick after being fed infant formula that had been deliberately and illegally tainted with the industrial chemical melamine. There were some lingering puzzles: How did it cause kidney failure, and why wasn't everyone equally at risk?


A team of researchers from the U.S. and China re-examined those questions in a series of studies in rats. In findings released Wednesday, they reported that certain intestinal bacteria play a crucial role in how the body handles melamine.


The intestines of all mammals teem with different species of bacteria that perform different jobs. To see if one of those activities involves processing melamine, researchers from the University of North Carolina at Greensboro and Shanghai Jiao Tong University gave lab rats antibiotics to kill off some of the germs — and then fed them melamine.


The antibiotic-treated rats excreted twice as much of the melamine as rats that didn't get antibiotics, and they experienced fewer kidney stones and other damage.


A closer look identified why: A particular intestinal germ — named Klebsiella terrigena — was metabolizing melamine to create a more toxic byproduct, the team reported in the journal Science Translational Medicine.


Previous studies have estimated that fewer than 1 percent of healthy people harbor that bacteria species. A similar fraction of melamine-exposed children in China got sick, the researchers wrote. But proving that link would require studying stool samples preserved from affected children, they cautioned.


Still, the research is pretty strong, said microbiologist Jack Gilbert of the University of Chicago and Argonne National Laboratory, who wasn't involved in the new study.


More importantly, "this paper adds to a growing body of evidence which suggests that microbes in the body play a significant role in our response to toxicity and in our health in general," Gilbert said.


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Wall Street pauses after rally to five-year high

NEW YORK (Reuters) - Stocks drifted in light volume on Wednesday, ending little changed, as investors remained cautious after the S&P 500 index briefly hit its highest intraday level since November 2007.


The S&P 500 was buoyed by General Electric after cable company Comcast Corp said it will buy from GE the the part of NBCUniversal it didn't already own for $16.7 billion.


Comcast's stock hit the highest since 1999 before closing up 3 percent at $40.13 and GE gained 3.6 percent to $23.39.


The S&P 500 is up 6.6 percent so far this year, partly due to stronger-than-expected corporate earnings and a better economic outlook. The Dow industrials is about 1 percent away from an all-time intraday high, reached in October 2007.


Volume has been weak in recent days with the S&P moving sideways around 1,520. The index is about 3 percent away from closing at a record high.


A scarcity of sellers after a consistent string of gains is a positive sign and shows the uptrend is intact, King Lip, chief investment officer at Baker Avenue Asset Management in San Francisco, said.


"Last year we had double-digit returns in the first quarter. It's fairly possible we can move higher from here," he said.


The Dow Jones industrial average <.dji> fell 35.79 points or 0.26 percent, to 13,982.91, the S&P 500 <.spx> gained 0.9 point or 0.06 percent, to 1,520.33 and the Nasdaq Composite <.ixic> added 10.38 points or 0.33 percent, to 3,196.88.


The S&P gained 12 percent in the first three months of 2012.


Deere & Co , the world's largest farm equipment maker, forecast a modest increase in sales this year despite the prospect of the biggest corn crop in U.S. history. The forecast fell short of analysts' expectations, sending shares of Deere down 3.5 percent to $90.68.


In extended trading, shares of technology bellwether Cisco Systems fell 2 percent after it posted results.


Dr Pepper Snapple fell 5.8 percent to $42.69 after it forecast profit for the current year below analysts' estimates.


Cliffs Natural Resources lost a fifth of its market value a day after the miner reported a quarterly loss and slashed its dividend by 76 percent. Its shares fell 20 percent to 429.29.


According to the latest Thomson Reuters data, of the 364 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.


About 5.9 billion shares changed hands on the New York Stock Exchange, the Nasdaq and NYSE MKT, below the daily average in February last year of 6.94 billion.


On the NYSE, roughly seven issues rose for every five that fell and on Nasdaq more than six rose for every five decliners.


(Editing by Kenneth Barry and Bernadette Baum)



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Kerry Says He Is Preparing Proposals on Syria Crisis





WASHINGTON — Secretary of State John Kerry said on Wednesday that he had ideas about how to persuade President Bashar al-Assad to agree to a political transition in Syria and planned to raise them on his first foreign trip this month.




“We need to address the question of President Assad’s calculation currently,” Mr. Kerry said after a meeting with Jordan’s foreign minister, Nasser Judeh. “I believe there are additional things that can be done to change his current perception. I’ve got a good sense of what I think we might propose.”


Mr. Kerry did not say what proposals he had in mind. He is expected to travel to the Middle East and Europe, but the trip has not been formally announced.


“I can assure you my goal is to see us change his calculation, my goal is to see us have a negotiated outcome and minimize the violence,” Mr. Kerry said. “It may not be possible. I am not going to stand here and tell you that’s automatic or easily achievable. There are a lot of forces that have been unleashed here over the course of the last months.”


Mr. Kerry made a similar statement during his Senate confirmation hearing last month. Despite his caution that progress might not be possible, the effect of Mr. Kerry’s comments was to heighten expectations for his trip. Mr. Kerry is also expected to try to make headway on the issues dividing the Palestinians and the Israelis and set the stage for President Obama’s trip to Israel next month.


Mr. Kerry’s comment on Syria came a day after Mr. Obama said little about the Syria crisis in his State of the Union address. In that speech, Mr. Obama said he would keep pressure on the Syrian regime, but he did not voice confidence, as he had in his 2012 address, that Mr. Assad would soon be forced to relinquish power.


Mr. Kerry said that Mr. Obama would begin by listening to Israeli and Arab leaders and would not be bringing a major new proposal.


“The president is not prepared at this point in time to do more than listen to the parties, which is why he has announced he is going to go to Israel,” he said.


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Stop blaming video games for America’s gun violence






Recently, America’s attention has been understandably focused on the potential causes of increased violence – especially gun violence – particularly among children and youth, and how to stop it. Alongside gun-control proposals, some of which President Obama is likely to highlight in his State of the Union address tonight, much of that attention has looked at the potential of violent video games to cause or exacerbate the tendencies of youth to engage in real, harmful violence.


While I applaud increased vigilance on the part of parents in supervising their children’s behaviors and pastimes, a child playing a violent video game does not necessarily increase the likelihood that he or she will engage in real violence at that age or later in life.






Various reports and commentaries have documented the fact that Sandy Hook shooter Adam Lanza’s video game playing included violent shooter games like Call of Duty, Counterstrike, and Starcraft. Some have cited that activity as a possible cause for his shooting massacre.


ANOTHER VIEW: Gabrielle Giffords and NRA are both right about one thing: US culture of violence


But if Lanza was playing Call of Duty 4, he was one of millions. On the Xbox 360 console alone, the game’s developer, Infinity Ward, has documented nearly 4.4 million online players, not counting players who use a PlayStation 3 or aren’t online. The statistics for Counterstrike are similar – an estimated 62,142 per day. And Starcraft is so popular in Korea, that it has professional leagues and an estimated online player population of around 50,000 each day.


Of those millions of players, few commit an act of violence, certainly not enough to say that, statistically, video game play is a principle cause – or even a significant cause – of real-world violent behavior.


So why are so many people blaming the video game industry?


It’s a phenomenon known as “cultural lag,” and it’s what causes us to be hesitant in adopting new technologies, trying new fads, and changing our social mores. Cultural lag can be a good thing – some new things are dangerous, come with high levels of risk, and can infinitely do more harm than good. But cultural lag also can inhibit the development of technologies and society because of irrational fears, which is what I’m seeing with recent criticism of the gaming industry.


Before video games, society blamed rock ‘n’ roll for violence and bad behavior among young people. Before rock ‘n’ roll, we blamed television. Before television, movies. Before movies, mystery novels, which were once known as “penny dreadfuls.” Before mystery novels, Shakespeare, who repeatedly was accused of producing violent, lecherous, and otherwise improper behavior in his audience.


In essence, as a society, we always will try to find out “why” bad things happen, but we aren’t actually very good at finding the answers. We look back at our past with rose-colored glasses and look forward into the future with trepidation.


We see our own childhoods as joyful and carefree, and when, as adults, we are exposed to the grim realities of our world, we wonder, “What happened?”. And then we try to explain the difference between the past that we remember and the present as we perceive it. When we do this, we very often look to technologies that did not exist 20, 30, or 40 years ago, and we think: That didn’t exist back then when things were “better,” therefore it must have some impact on why things have “gotten worse” now.


First of all, I am unconvinced that “things have gotten worse,” but even if we assume that they have, in blaming technologies like video games for real-life violence, we assume causation, where numerous studies show there is only correlation – at best. This is tantamount to assuming, as journalist Jeanine Celestin-Greer of Gamastura (a gaming journalism website) points out, that because Lanza drank Mountain Dew, Mountain Dew causes violent behavior.


In a recent article in The Chronicle of Higher Education, Christopher J. Ferguson, a psychologist at Texas A&M International University, claimed that the recent outcry against video games as the cause of “school shootings” in general is patently fallacious. He explains that among hundreds of studies on violence and video games, not a single one has proven conclusively a causal relationship between violent behaviors in the real world and violent video-game play. And yet, scholars and politicians who often have little to no experience playing video games themselves continue to suggest that this is the case.


Americans need to stop trying to blame something other than ourselves for the increase – if there is an increase – in violent behavior.


Video games, music, television, movies, novels, and Shakespeare don’t cause violence. Mental illness, psychological abuse, and physical abuse cause violence. Ideologies that reward and condone aggression, particularly in men, cause violence. Global genocide causes violence. The only conclusive evidence we do have is that it is real-life violence that causes real-life violence.


As long as we, as a society, condone violence in the name of nationalism, continue to minimize domestic violence and rape, and promote aggression as ideal masculinity, violence will continue to be a problem in our homes, on our streets, and in our schools. Critics will argue that the imagery and plots of video games do just that – and in turn, perpetuate those behaviors. Yes, video games reflect some of these highly problematic aspects of our society that contribute to a tolerance of violence. Just like movies and books. But they don’t cause it.


Remove video games from the equation and you will still have a commensurate level of violence.


And yes, video games can influence ideology, but they aren’t the only – or even the predominant – influence on society or an individual. In fact, video games can influence our ideologies in as many if not more positive ways than they do negative ones. Many recent games actually encourage players to play non-violently and reward players for humane treatment and good judgment.


So while video games are influencing us, and sometimes through violent images and play, many of them are pushing us to criticize the very violence that some people seem to believe they are causing.


OPINION: 6 reasons why President Obama will defeat the NRA and win universal background checks


The dialogue we need to have is about real violence, not virtual violence, and I sincerely hope that America’s leaders recognize this as we move forward in addressing the problem.


Kristin M.S. Bezio is an assistant professor at the University of Richmond’s Jepson School of Leadership Studies. Her research explores the intersection of literature and leadership, looking at influences ranging from Shakespeare to video gaming.


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Gaming News Headlines – Yahoo! News





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Christopher Dorner, Fugitive Ex-Cop, in Gun Battle with Police: Report















02/12/2013 at 04:45 PM EST







Undated photo of Christopher Dorner


LAPD/AP


After an extensive and tense search, authorities believe they found fugitive ex-policeman Christopher Dorner in the Southern California mountains, where a gun battle reportedly broke out Tuesday.

It wasn't immediately known whether Dorner had been apprehended.

Dorner, wanted for allegedly going on a rage-filled vendetta that left three people dead and another wounded, was in a shootout with federal authorities in the Big Bear area, the Los Angeles Times reports.

Two officers have been wounded, a Los Angeles Police Department official tells PEOPLE. Their conditions were not known.

Dorner reportedly broke into a cabin and tied up a couple before stealing their car.

Authorities say Dorner's alleged wave of violence was retribution for having been fired from the LAPD in 2008 after making false statements. Dorner said he would stop the killing when the LAPD publicly proclaimed his innocence and restored his reputation.

Last week, Dorner allegedly fatally shot Monica Quan, 27, and her fiancé, Keith Lawrence in Irvine, Calif., in a vehicle at a parking structure. Quan was the daughter of a former LAPD officer who Dorner claims bungled his termination appeal.

After failing to steal a boat in San Diego, Dorner allegedly attacked more victims – this time, police officers. He allegedly shot at LAPD officers protecting one of his targets, grazing one officer in the head. Dorner was able to escape after shooting up the officers' car.

Thirty minutes later, he allegedly ambushed two officers at an intersection in Riverside, Calif., killing one of them and sending the other to the hospital.

Police then found Dorner's burned-out pickup truck and tracks leading away from the vehicle off a wooded road near Big Bear.

Story developing ...

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Pope shows lifetime jobs aren't always for life


The world seems surprised that an 85-year-old globe-trotting pope who just started tweeting wants to resign, but should it be? Maybe what should be surprising is that more leaders his age do not, considering the toll aging takes on bodies and minds amid a culture of constant communication and change.


There may be more behind the story of why Pope Benedict XVI decided to leave a job normally held for life. But the pontiff made it about age. He said the job called for "both strength of mind and body" and said his was deteriorating. He spoke of "today's world, subject to so many rapid changes," implying a difficulty keeping up despite his recent debut on Twitter.


"This seemed to me a very brave, courageous decision," especially because older people often don't recognize their own decline, said Dr. Seth Landefeld, an expert on aging and chairman of medicine at the University of Alabama at Birmingham.


Age has driven many leaders from jobs that used to be for life — Supreme Court justices, monarchs and other heads of state. As lifetimes expand, the woes of old age are catching up with more in seats of power. Some are choosing to step down rather than suffer long declines and disabilities as the pope's last predecessor did.


Since 1955, only one U.S. Supreme Court justice — Chief Justice William Rehnquist — has died in office. Twenty-one others chose to retire, the most recent being John Paul Stevens, who stepped down in 2010 at age 90.


When Thurgood Marshall stepped down in 1991 at the age of 82, citing health reasons, the Supreme Court justice's answer was blunt: "What's wrong with me? I'm old. I'm getting old and falling apart."


One in 5 U.S. senators is 70 or older, and some have retired rather than seek new terms, such as Hawaii's Daniel Akaka, who left office in January at age 88.


The Netherlands' Queen Beatrix, who just turned 75, recently said she will pass the crown to a son and put the country "in the hands of a new generation."


In Germany, where the pope was born, Chancellor Angela Merkel, who is 58, said the pope's decision that he was no longer fit for the job "earns my very highest respect."


"In our time of ever-lengthening life, many people will be able to understand how the pope as well has to deal with the burdens of aging," she told reporters in Berlin.


Experts on aging agreed.


"People's mental capacities in their 80s and 90s aren't what they were in their 40s and 50s. Their short-term memory is often not as good, their ability to think quickly on their feet, to execute decisions is often not as good," Landefeld said. Change is tougher to handle with age, and leaders like popes and presidents face "extraordinary demands that would tax anybody's physical and mental stamina."


Dr. Barbara Messinger-Rapport, geriatrics chief at the Cleveland Clinic, noted that half of people 85 and older in developed countries have some dementia, usually Alzheimer's. Even without such a disease, "it takes longer to make decisions, it takes longer to learn new things," she said.


But that's far from universal, said Dr. Thomas Perls, an expert on aging at Boston University and director of the New England Centenarians Study.


"Usually a man who is entirely healthy in his early 80s has demonstrated his survival prowess" and can live much longer, he said. People of privilege have better odds because they have access to good food and health care, and tend to lead clean lives.


"Even in the 1500s and 1600s there were popes in their 80s. It's remarkable. That would be today's centenarians," Perls said.


Arizona Sen. John McCain turned 71 while running for president in 2007. Had he won, he would have been the oldest person elected to a first term as president. Ronald Reagan was days away from turning 70 when he started his first term as president in 1981; he won re-election in 1984. Vice President Joe Biden just turned 70.


In the U.S. Senate, where seniority is rewarded and revered, South Carolina's Strom Thurmond didn't retire until age 100 in 2002. Sen. Robert Byrd of West Virginia was the longest-serving senator when he died in office at 92 in 2010.


Now the oldest U.S. senator is 89-year-old Frank Lautenberg of New Jersey. The oldest congressman is Ralph Hall of Texas who turns 90 in May.


The legendary Alan Greenspan was about to turn 80 when he retired as chairman of the Federal Reserve in 2006; he still works as a consultant.


Elsewhere around the world, Cuba's Fidel Castro — one of the world's longest serving heads of state — stepped down in 2006 at age 79 due to an intestinal illness that nearly killed him, handing power to his younger brother Raul. But the island is an example of aged leaders pushing on well into their dotage. Raul Castro now is 81 and his two top lieutenants are also octogenarians. Later this month, he is expected to be named to a new, five-year term as president.


Other leaders who are still working:


—England's Queen Elizabeth, 86.


—Abdullah bin Abd al-Aziz al-Saud, king of Saudi Arabia, 88.


—Sabah al-Ahmad al-Jaber al-Sabah, emir of Kuwait, 83.


—Ruth Bader Ginsburg, U.S. Supreme Court associate justice, 79.


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Associated Press writers Paul Haven in Havana, Cuba; David Rising in Berlin; Seth Borenstein, Mark Sherman and Matt Yancey in Washington, and researcher Judy Ausuebel in New York contributed to this report.


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Marilynn Marchione can be followed at http://twitter.com/MMarchioneAP


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