Demi Moore Is Dating Harry Morton

01/12/2013 at 10:50 AM EST

Demi Moore and Harry Morton

Craig Barritt/WireImage; John Shearer/WireImage

Demi Moore has a new love interest.

The actress and restaurant owner Harry Morton have been on several dates in recent weeks, including one to the South Beverly Grill in Beverly Hills, according to a source.

"Demi was very giddy during her date with Harry," says the source. "She was really into him and seemed to very much enjoy his company."

Moore, 50, and Morton, 31, have also hung out together at Moore's Beverly Hills home, the source adds.

In November of 2012, Moore and ex Ashton Kutcher announced the end of their marriage. He filed for divorce in December and has been dating his That '70s Show costar Mila Kunis.

Harry Morton, who founded Pink Taco restaurant chain, dated Lindsay Lohan in 2006 and was linked to Jennifer Aniston in 2010.

A source told E! Online, who first reported the news, "They are just getting to know one another ... [Moore is] in a really good place at the moment and is hopeful about the future."

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Flu season puts businesses and employees in a bind

WASHINGTON (AP) — Nearly half the 70 employees at a Ford dealership in Clarksville, Ind., have been out sick at some point in the past month. It didn't have to be that way, the boss says.

"If people had stayed home in the first place, a lot of times that spread wouldn't have happened," says Marty Book, a vice president at Carriage Ford. "But people really want to get out and do their jobs, and sometimes that's a detriment."

The flu season that has struck early and hard across the U.S. is putting businesses and employees alike in a bind. In this shaky economy, many Americans are reluctant to call in sick, something that can backfire for their employers.

Flu was widespread in 47 states last week, up from 41 the week before, the Centers for Disease Control and Prevention said Friday. The only states without widespread flu were California, Mississippi and Hawaii. And the main strain of the virus circulating tends to make people sicker than usual.

Blake Fleetwood, president of Cook Travel in New York, says his agency is operating with less than 40 percent of its staff of 35 because of the flu and other ailments.

"The people here are working longer hours and it puts a lot of strain on everyone," Fleetwood says. "You don't know whether to ask people with the flu to come in or not." He says the flu is also taking its toll on business as customers cancel their travel plans: "People are getting the flu and they're reduced to a shriveling little mess and don't feel like going anywhere."

Many workers go to the office even when they're sick because they are worried about losing their jobs, says John Challenger, CEO of Challenger, Gray & Christmas, an employer consulting firm. Other employees report for work out of financial necessity, since roughly 40 percent of U.S. workers don't get paid if they are out sick. Some simply have a strong work ethic and feel obligated to show up.

Flu season typically costs employers $10.4 billion for hospitalization and doctor's office visits, according to the CDC. That does not include the costs of lost productivity from absences.

At Carriage Ford, Book says the company plans to make flu shots mandatory for all employees.

Linda Doyle, CEO of the Northcrest Community retirement home in Ames, Iowa, says the company took that step this year for its 120 employees, providing the shots at no cost. It is also supplying face masks for all staff.

And no one is expected to come into work if sick, she says.

So far, the company hasn't seen an outbreak of flu cases.

"You keep your fingers crossed and hope it continues this way," Doyle says. "You see the news and it's frightening. We just want to make sure that we're doing everything possible to keep everyone healthy. Cleanliness is really the key to it. Washing your hands. Wash, wash, wash."

Among other steps employers can take to reduce the spread of the flu on the job: holding meetings via conference calls, staggering shifts so that fewer people are on the job at the same time, and avoiding handshaking.

Newspaper editor Rob Blackwell says he had taken only two sick days in the last two years before coming down with the flu and then pneumonia in the past two weeks. He missed several days the first week of January and has been working from home the past week.

"I kept trying to push myself to get back to work because, generally speaking, when I'm sick I just push through it," says Blackwell, the Washington bureau chief for the daily trade paper American Banker.

Connecticut is the only state that requires some businesses to pay employees when they are out sick. Cities such as San Francisco and Washington have similar laws.

Challenger and others say attitudes are changing, and many companies are rethinking their sick policies to avoid officewide outbreaks of the flu and other infectious diseases.

"I think companies are waking up to the fact right now that you might get a little bit of gain from a person coming into work sick, but especially when you have an epidemic, if 10 or 20 people then get sick, in fact you've lost productivity," Challenger says.

___

Associated Press writers Mike Stobbe in Atlanta, Eileen A.J. Connelly in New York, Paul Wiseman in Washington, Barbara Rodriguez in Des Moines, Iowa, and Jim Salter in St. Louis contributed to this report.

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Wall Street Week Ahead: Attention turns to financial earnings

NEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street.

The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal cliff" worries, have started to get back into the markets.

Equities have risen in the new year, rallying after the initial resolution of the fiscal cliff in Washington on January 2. The S&P 500 on Friday closed its second straight week of gains, leaving it just fractionally off a five-year closing high hit on Thursday.

An array of financial companies - including Goldman Sachs and JPMorgan Chase - will report on Wednesday. Bank of America and Citigroup will join on Thursday.

"The banks have a read on the economy, on the health of consumers, on the health of demand," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.

"What we're looking for is demand. Demand from small business owners, from consumers."

EARNINGS AND ECONOMIC EXPECTATIONS

Investors were greeted with a slightly better-than-anticipated first week of earnings, but expectations were low and just a few companies reported results.

Fourth quarter earnings and revenues for S&P 500 companies are both expected to have grown by 1.9 percent in the past quarter, according to Thomson Reuters I/B/E/S.

Few large corporations have reported, with Wells Fargo the first bank out of the gate on Friday, posting a record profit. The bank, however, made fewer mortgage loans than in the third quarter and its shares were down 0.8 percent for the day.

The KBW bank index <.bkx>, a gauge of U.S. bank stocks, is up about 30 percent from a low hit in June, rising in six of the last eight months, including January.

Investors will continue to watch earnings on Friday, as General Electric will round out the week after Intel's report on Thursday.

HOUSING, INDUSTRIAL DATA ON TAP

Next week will also feature the release of a wide range of economic data.

Tuesday will see the release of retail sales numbers and the Empire State manufacturing index, followed by CPI data on Wednesday.

Investors and analysts will also focus on the housing starts numbers and the Philadelphia Federal Reserve factory activity index on Thursday. The Thomson Reuters/University of Michigan consumer sentiment numbers are due on Friday.

Jim Paulsen, chief investment officer at Wells Capital Management in Minneapolis, said he expected to see housing numbers continue to climb.

"They won't be that surprising if they're good, they'll be rather eye-catching if they're not good," he said. "The underlying drive of the markets, I think, is economic data. That's been the catalyst."

POLITICAL ANXIETY

Worries about the protracted fiscal cliff negotiations drove the markets in the weeks before the ultimate January 2 resolution, but fear of the debt ceiling fight has yet to command investors' attention to the same extent.

The agreement was likely part of the reason for a rebound in flows to stocks. U.S.-based stock mutual funds gained $7.53 billion after the cliff resolution in the week ending January 9, the most in a week since May 2001, according to Thomson Reuters' Lipper.

Markets are unlikely to move on debt ceiling news unless prominent lawmakers signal that they are taking a surprising position in the debate.

The deal in Washington to avert the cliff set up another debt battle, which will play out in coming months alongside spending debates. But this alarm has been sounded before.

"The market will turn the corner on it when the debate heats up," Prudential Financial's Krosby said.

The CBOE Volatility index <.vix> a gauge of traders' anxiety, is off more than 25 percent so far this month and it recently hit its lowest since June 2007, before the recession began.

"The market doesn't react to the same news twice. It will have to be more brutal than the fiscal cliff," Krosby said. "The market has been conditioned that, at the end, they come up with an agreement."

(Reporting by Gabriel Debenedetti; editing by Rodrigo Campos)

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India Ink: Insurgents in Jharkhand Plant Bombs Inside Dead Bodies

Maoist insurgents in Jharkhand state have started to hide explosive devices in the bodies of their enemies, police officials said, a new tactic in the long battle between Indian security forces and the insurgents.

On Monday, rebels killed nine Central Reserve Police Force paramilitary soldiers and three villagers in an ambush in the Karmatiya forest area of Latehar district, about 150 kilometers (90 miles) southwest from the state capital of Ranchi, said state police chief Gauri Shankar Rath. After the insurgents retreated into the woods, the Central Reserve Police Force on Wednesday found the body of Babulal Patel, 29, a constable, with stitches in his abdomen, he said.

His body was flown to Ranchi by helicopter and taken to the Rajendra Institute of Medical Sciences for an autopsy. When the doctors saw the stitches, they grew alarmed and called the top security officials, Binay Kumar, a doctor there, said.

Using X-rays, members of a bomb disposal squad detected an improvised explosive device, or I.E.D., in the soldier’s stomach. With the help of doctors, it took over two hours for the bomb disposal unit to remove the explosive and defuse it outside.

“The I.E.D. connected with detonator batteries and a small solar panel weighing about 2.45 kilograms was extracted with utmost care from the body of the security personnel,” said Dr. Kumar. “Even a small mistake or a little pressure could have exploded the bomb device, triggering a major casualty inside the hospital,” he said. “The abdomen was stitched with surgical precision.”

A similar I.E.D. had detonated when the security personnel, along with some villagers, had removed the body of another colleague in the forest area. Three villagers were killed in that explosion on Wednesday.

Jharkhand’s police chief, Mr. Rath, said this was the first time the Maoist had used bodies as booby traps.

“With this inhuman act, the Maoists have now made it clear that they do not have any regard for human dignity, values and human lives,” said Mr. Rath. “This incident has crossed all limits of cruelty. We’ll definitely retaliate when the time comes.”

Mr. Rath called the Maoists’ most recent attack on security personnel “well planned.”

The state police official said the Maoists had ambushed the security forces under the leadership of Deo Kumar Singh, also known as Arvindji, considered among the top 10 Maoists commanders in Jharkhand and Bihar. “He has executed several deadly operations in the past,” Mr. Rath said.

Latehar’s superintendent of police, Kranti K. Garhdeshi, said that Mr. Singh also was an expert in I.E.D.’s and landmines.

In the past decade, hundreds of security personnel and civilians have been killed in battles with the Maoist insurgents in Jharkhand. The Indian prime minister, Manmohan Singh, has declared the insurgents the biggest internal security threat in India.

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BlackBerry Z10 shown off in leaked marketing materials

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Alicia Keys, Brad Paisley, Katy Perry & More Set for Kids' Inaugural Concert

By Andrea Billups

01/11/2013 at 10:30 AM EST

Alicia Keys, Brad Paisley and Katy Perry

Jeff Kravitz/FilmMagi; Gatty; Splash News Online

Talk about a lot of talent in one place!

The Presidential Inaugural Committee announced Friday that Usher, John Legend, Stevie Wonder, Alicia Keys, Brad Paisley and Katy Perry will be performing for the Kids' Inaugural Concert, set for Jan. 19 in Washington, D.C., in advance of President Barack Obama's being sworn in for a second term.

The kids' concert continues a tradition started by First Lady Michelle Obama and Vice President Joe Biden's wife, Dr. Jill Biden, four years ago during the President's first inaugural celebration.

Events will also feature Nick Cannon, fun., Marc Anthony, Smokey Robinson and members of the Glee cast, among others yet to be announced.

Already announced was that Beyonc é, James Taylor and Kelly Clarkson will perform at the inauguration ceremony Jan. 21 on the West Front of the U.S. Capitol.

Beyoncé makes a return trip to star in Obama's inaugural festivities after serenading the President and First Lady during their first dance at the Neighborhood Ball in 2009 with the Etta James classic "At Last."

This time around, the PIC is hosting two official balls: the Commander-in-Chief’s Ball for members of the U.S. military, and the Inaugural Ball, which brings members of the public together with local leaders.
 
 

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Lung cancer scans backed for older, heavy smokers

The American Cancer Society says there now is enough evidence to recommend screening certain older, heavy smokers for lung cancer.

The society is releasing new guidelines Friday for annual CT lung scans. But they are only recommended for people ages 55 to 74 who have smoked a pack of cigarettes a day for 30 years or the equivalent, such as two packs a day for 15 years. Research shows that screening these people can cut the risk of dying of lung cancer by 20 percent.

Whether screening would help others is not known, so scans are not recommended for them.

Before patients decide whether to be screened, the guidelines say they should have a frank talk about risks and benefits with their doctors.

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Wall Street dips on Wells Fargo, Boeing; S&P up on week

NEW YORK (Reuters) - Stocks dipped on Friday after a record profit at Wells Fargo failed to attract buyers and Boeing shares were pressured by two further problems with its new Dreamliner aircraft.

The benchmark S&P 500 index fell slightly but was still up on the week and just a few points shy of a five-year high set Thursday.

Wells Fargo , the first major U.S. bank to post earnings this season, reported a record fourth-quarter profit as it set aside less money to cover bad loans and made more fees from mortgages. Its shares fell 2 percent to $34.70, erasing Thursday's gains but up 1.6 percent on the month.

Shares of Dow component Boeing fell 2 percent to $75.49 after a cracked cockpit window and an oil leak on separate flights in Japan added to other mishaps earlier in the week and to safety concerns about its new 787 Dreamliner. The US Department of Transportation said the jet would be subject to a review of its critical systems by regulators.

"The market is giving up a little of its rise yesterday," said Peter Jankovskis, co-chief investment officer at OakBrook Investments in Lisle, Illinois.

He said declines in Wells Fargo and Boeing were pressuring the overall market, but the consolidation around current levels showed the market remained resilient.

The Dow Jones industrial average <.dji> fell 21.54 points or 0.16 percent, to 13,449.68, the S&P 500 <.spx> lost 3.54 points, or 0.24 percent, to 1,468.58 and the Nasdaq Composite <.ixic> dropped 4.23 points, or 0.14 percent, to 3,117.53.

Best Buy shares rallied after its results showed a bit of a turnaround in its U.S. stores, though same-store sales were flat during the key holiday season. Shares were last up 12.2 percent at $13.70.

Basic materials shares were pressured after China's annual consumer inflation rate picked up to a seven-month high, narrowing the scope for the central bank to boost the economy by easing monetary policy. The S&P basic materials sector <.gspm> fell 0.7 percent.

Dendreon Corp shares jumped 18.2 percent to $6.03 after Sanford C. Bernstein upgraded the stock to "outperform" from "market-perform" and said the drugmaker could be one of the best performers in 2013.

U.S.-traded shares of India's No.2 software services provider Infosys Ltd jumped 18.3 percent to $51.98 after the company raised its revenue forecast.

(Editing by Bernadette Baum)

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Way of the World: Economists, Consensus and Healthy Debates

SAN DIEGO — This is a tough time for experts. Empowered by the Internet and embittered by the sour economy, many people doubt the wisdom of expert elites. Journalism sometimes casts further doubt by seeking polarized positions that can draw an attention-grabbing debate, or by taking refuge in he-said-she-said accounts to avoid the harder job of figuring out who’s right.

Now one tribe of specialists — economists — is striking back. Concerned that the great unwashed have come to see all economic proposals as being equally valid, the University of Chicago Booth School of Business has led an effort to figure out what economists agree on, where they diverge and how certain they are about their views.

To do that, the Booth school called on reputable economists to join its panel of experts. Each week, the panelists are asked whether they agree or disagree with a particular economic idea.

“Among practicing economists, it is understood that the media and the political process paints economists as more divided than they are,” Anil K. Kashyap, a professor of economics and finance at the University of Chicago and a leader of the project, explained. “It is more sensational and maybe makes for better reading to have point-counterpoint. It seemed reasonable to provide some context. There’s a lot more settled issues than most people have a sense of.”

Dr. Kashyap cited as an example the gold standard, the monetary system in which the standard economic unit of account is a fixed weight of gold. “The gold standard is an insane idea,” he said. “I don’t know of any reputable economist who thinks it is a wise idea, but it got a lot of real political traction.”

Of the Booth panelists, 93 percent disagreed that the gold standard could improve price stability or employment.

But that is an extreme example. A paper presented this week at the annual gathering of the American Economic Association investigated the survey results in greater detail. “Based on our analysis, we conclude that there is close to full consensus among these panel members when the past economic literature on the question is large,” the authors of the paper, Roger Gordon and Gordon B. Dahl of the University of California, San Diego, wrote. “When past evidence is less extensive, differences in opinions do show up.”

But the authors did not find an ideological bias in those disagreements: “There are certainly some idiosyncratic views expressed, but we found no evidence of different camps.”

Economists, these results suggest, seek to objectively establish the truth and have a widely agreed on body of knowledge about how the economy works. In an age when it can be hard to write the word “facts” without reflexively reaching for quotation marks, that is of some comfort. But this picture of consensus among experts comes with a few caveats.

One was articulated by Paul Krugman, a Nobel Prize laureate and New York Times columnist who was at the American Economic Association meeting. Mr. Krugman accepted the idea that economists share a wide body of agreed, objective and nonideological knowledge. But he argued that when it comes to one subset of issues — business-cycle macroeconomics, or how policy should respond to booms and busts — economists are both divided and biased. That matters, Mr. Krugman rightly pointed out, because outside the academy these are among the economic issues ordinary mortals care about, and fight about, the most.

The second caveat is that consensus may be more fleeting, and therefore less valuable, than the economic high priesthood might like to think. To his credit, Dr. Kashyap revealed two issues on which the economic conventional wisdom, and his own views, have changed since the financial crisis of 2008.

One is currency controls: “Having watched all this hot money flow into these markets, I am much more sympathetic to the desire to slow things down,” he said.

The second is whether central bankers should try to pop asset bubbles, an idea toward which Dr. Kashyap has softened. “I don’t think the conventional wisdom was very good on this and I was firmly in the consensus,” he said.

These shifts suggest that it is worth looking more closely at one clear subgroup among the economists in the University of California study. Dr. Gordon and Dr. Dahl searched for, and failed to detect, ideological bias or even the subtler influence of the very distinct intellectual traditions of top U.S. universities.

But they did pick up a clear difference between men and women. “Women,” they write, “tend to be more cautious in taking a stance.” For women making their way in the 21st-century world of work, that reticence is mostly a handicap — a willingness to admit to uncertainty is one reason women are paid less and can find it difficult to break through the glass ceiling.

For the benefit of the community as a whole, though, more female economists may be needed. The quest for objective economic knowledge is surely a good thing, as is the Booth effort to map what economists agree on and where they diverge. But given how profoundly and unexpectedly the world economy collapsed in 2008, maybe a little more womanly humility about that conventional wisdom would be a good thing, too.

Chrystia Freeland is editor of Thomson Reuters Digital.

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George Clooney Kicks Off a Tequila-Fueled Road Trip

Caught in the Act

01/10/2013 at 10:40 AM EST

George Clooney (left) and Rande Gerber

Seth Browarnik/Startraks

Tequila trip!

As part of the launch of his new spirit brand, Casamigos Tequila, George Clooney stepped out on Tuesday night to celebrate its launch at Rocco's Tacos in Ft. Lauderdale, Fla.

The Descendants actor was there with his fellow founders Rande Gerber and Mike Meldman to sample cocktails and mingle with locals.

"George and Rande did not separate the entire night. They both drank the Casamigos specialty cocktails being served," an onlooker tells PEOPLE.

The "really friendly" Clooney also took time to take pictures with "almost every attendee at the event," the source says.

"There was one woman taking photos with her iPad and George was helping her get the best shots – he kept calling her 'the iPad lady'!" the source adds.

The promotional tequila tour – which is expected to bring the actor to L.A., Las Vegas and Dallas – kicked off with a short film starring Clooney, Gerber, Cindy Crawford and Stacy Keibler. In the minute long film, the group of friends play musical beds after a night out of drinking Casamigos.

– Jennifer Garcia

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