Eurozone slides back into recession

The Eurozone is back in a recession, its first in three years, as gross domestic product for the debt-plagued 17-nation bloc contracted 0.1 percent in the third quarter from the earlier quarter.

In the second quarter, the currency collective tightened 0.2 percent, according to the official European Union statistics agency, Eurostat. Two consecutive quarterly slips make a recession.

Compared with a year earlier, GDP is down 0.6 percent. Eurostat said last month that unemployment in the bloc was at a record high of 11.6 percent. Protests and strikes rippled across Europe on Wednesday.

Growth in core countries such as Germany and France couldn't counteract the plunges in long-struggling, austerity-bound nations such as Spain and Italy. Portugal took an especially nasty 0.8 percent dive.

Even countries that had been expanding took a dive, with the Netherlands experiencing a 1.1 percent squeeze and Austria contracting 0.1 percent. Germany saw its growth slow to 0.2 percent in the third quarter from 0.3 percent in the second.

France, however, reversed a string of flat or down quarters with 0.2 percent expansion.

The wider, 27-member European Union escaped recession, its GDP advancing 0.1 percent in the third quarter after tightening 0.2 percent in the second. In Britain., fresh off the Summer Olympics, the economy boomed 1 percent after a 0.4 percent drop.

A separate Eurostat report Thursday showed annual inflation in the euro-currency area down to 2.5 percent in October, from 2.6 percent the previous month.

In a speech Thursday, European Central Bank President Mario Draghi urged governments to avoid tax hikes in favor of spending cuts as a strategy for fiscal consolidation. He also stressed the need for "calm pragmatism going forward.

"It is essential that all parties involved in Europe's large and complex path of reforms stick to their commitments," Draghi said.

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Food truck owners suing city

Greg Burke, owner and operator, of Chicago Schnitzel King, stands next to his food truck after he announced a lawsuit over city restrictions on food trucks. (Heather Charles, Chicago Tribune / November 14, 2012)

By Kevin Pang




Tribune reporter

3:53 p.m. CST, November 14, 2012

Calling Chicago's food truck ordinance "less than advertised," two local food trucks filed a lawsuit Wednesday with hopes of repealing key provisions of the recently passed law.

The suit, filed in Cook County Circuit Court, aims to strike down two parts: 1) A requirement that food trucks stay at least 200 feet away from a brick-and-mortar restaurant, with violators fined up to $2,000, and 2) The provision that G.P.S. devices be installed in food trucks operating in Chicago.

Two food trucks — Schnitzel King and Cupcakes for Courage — are parties to the suit filed by the Virginia-based Institute for Justice, which describes itself as a "leading legal advocate for the rights of entrepreneurs."

Greg Burke, owner of the Schnitzel King truck, said his business has been "scraping by paycheck to paycheck" since the ordinance passed Chicago City Council in July. He said the law has limited the few places he could park, especially within the Loop.

—Kevin Pang

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Adobe says user forum was breached, takes site offline

BOSTON (Reuters) - Adobe Systems Inc shut down a website where customers share information about using its Connect online conferencing service after the software maker discovered it had been compromised in a data breach.

The company, whose software is frequently targeted by computer hackers because it is widely used to publish digital documents, said on Wednesday that it would reset passwords of the approximately 150,000 members of the site, Connectusers.com.

Adobe said its Connect web conferencing service and other company sites were not breached.

News of the breach surfaced on Tuesday when a hacker claimed in a posting on the Internet to have stolen log-in credentials of 150,000 Adobe customers and partners.

The hacker, who claimed to be from Egypt, released 644 records from the site, including emails, saying the release was done to point out that Adobe is slow in fixing security problems.

The hacker also promised to release data stolen from Yahoo Inc. A Yahoo spokeswoman did not respond to a request for comment.

The Adobe breach was discovered a week after Russian security firm Group-IB said it had uncovered a flaw in Adobe's Reader software that criminals are currently exploiting to attack PCs by infecting them with malicious PDF documents.

Adobe spokeswoman Wiebke Lips said the company is still reviewing that report, though it has not yet received samples of malicious code discovered by Group-IB.

(Reporting By Jim Finkle; editing by John Wallace and Leslie Adler)

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Marlins' latest payroll purge prompts fan backlash

MIAMI (AP) — The attendance-challenged Miami Marlins have antagonized fans yet again by deciding a low-budget team is good enough for their new ballpark.

A blockbuster trade sending three stars to Toronto could save Marlins owner Jeffrey Loria $150 million, which prompted a backlash from South Floridians angered by the team's latest payroll purge.

"Everybody in the world wants to talk about the Marlins and the fact they're now a Triple-A team," said city commissioner Marc Sarnoff, who was an opponent of the ballpark project. "The Marlins have lost pretty much all credibility with fans. Even if this trade is a positive move from a baseball standpoint, it won't be viewed by the general public as a positive move."

Miami traded All-Star shortstop Jose Reyes, left-hander Mark Buehrle and right-hander Josh Johnson as part of the deal, which awaited final approval Wednesday pending physicals for the players.

Loria declined to discuss the trade with reporters as he passed through the hotel lobby at the owners meetings in Chicago.

"Not today, boys," Loria said. "If you haven't figured it out yet, I'm not going to figure it out for you."

The trade sent several of the Blue Jays' best young players to Miami, but that wasn't enough to mollify many Marlins fans. Radio talk show host Jeff DeForrest fielded calls from irate listeners shortly after news of the trade broke Tuesday.

"The next move obviously is to have Fidel Castro throw out the first pitch next year," DeForrest said. "That's the only way they could alienate the fans more than they have."

Castro became a source of acrimony last April, when Marlins manager Ozzie Guillen's praise of the former Cuban leader infuriated team supporters. That was shortly after the new ballpark opened in Miami's Little Havana neighborhood, and attendance never recovered from the tempest.

Management had projected the rebranded team would contend for a playoff berth and draw nearly 3 million fans, but instead the Marlins staggered to a last-place finish in the NL East and attendance barely topped 2.2 million.

With revenue falling short of projections, Loria decided to end the franchise's brief era of big spending. The players traded by the Marlins have combined guaranteed salaries of $163.75 million through 2018, including $96 million due Reyes. The deals he and Buehrle signed when they joined Miami a year ago were heavily backloaded.

Salaries for 2013 include $13.75 million for Johnson in the final year of his contract, $11 million for Buehrle and $10 million for Reyes. The net in guaranteed salaries coming off Marlins' books is expected to be $154 million, which does not account for any cash that may be involved in trade.

Three years ago, the Marlins reached an agreement with the players' union to increase spending in the wake of complaints team payroll had been so small as to violate baseball's revenue sharing provisions. But the trade with Toronto leaves the Marlins with an estimated opening day payroll of $34 million, which would be their lowest since 2008. Oakland had the lowest payroll in the majors last year at $53 million.

Of the lineup that took the field for the festive first game in the new ballpark less than eight months ago, only two players remain — Giancarlo Stanton and Logan Morrison.

Stanton tweeted that he was angry about the trade and changed his Twitter photo in an apparent protest, swapping out his Marlins uniform for a black shirt.

"I'm not saying fans can't be upset," Morrison tweeted to his 123,000 followers. "I'm saying I'm not going to get upset. I can't control it. So don't expect me to be upset."

Fan ire was targeted primarily at Loria and team president David Samson.

"People are steamed," DeForrest said. "To dump the whole team is mind-boggling, but nothing is surprising with these two guys."

Many fan complaints involved the ballpark project, which was financed mostly with taxpayer money as Loria and Samson promised a new era with higher payrolls and more competitive teams.

The ballpark is state of the art, but the team has started looking like the same old Marlins.

"This," Sarnoff said, "has taught many who voted for the stadium a lesson: When you go into a public-private partnership, know your partner."

___

AP Sports Writers Ron Blum in New York and Jay Cohen in Chicago contributed to this report.

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Judge tosses anti-paparazzi counts in Bieber case

LOS ANGELES (AP) — A law aimed at combating reckless driving by paparazzi is overly broad and should not be used against the first photographer charged under its provisions, a judge ruled Wednesday.

Superior Court Judge Thomas Rubinson dismissed counts filed under the law against Paul Raef, who was charged in July with being involved in a high-speed pursuit of Justin Bieber.

The judge cited numerous problems with the 2010 statute, saying it was aimed at newsgathering activities protected by the First Amendment, and lawmakers should have simply increased the penalties for reckless driving rather than targeting celebrity photographers.

Attorneys for Raef argued the law was unconstitutional and wasn’t meant to protect the public.

“It’s about protecting celebrities,” attorney Brad Kasierman said. “This discrimination sets a dangerous precedent.”

Prosecutors argued that the law, which seeks to punish those who drive dangerously in pursuit of photos for commercial gain, could apply to people in other professions, not just the media.

“The focus is not the photo. The focus is on the driving,” Assistant City Attorney Ann Rosenthal argued.

While the media is granted freedom under the First Amendment, its latitude to gather news is not unlimited, Rosenthal argued.

“This activity has been found to be particularly dangerous,” she said of chases involving paparazzi.

Raef still faces traditional reckless driving counts and has not yet entered a plea,

Prosecutors claim he chased Bieber at more than 80 mph and forced other motorists to avoid collisions while trying to get shots of the teen heartthrob on a Los Angeles freeway.

The chase prompted several 911 calls from scared motorists and led to Bieber being pulled over.

Rubinson cited hypothetical examples in which wedding photographers or even those rushing to do a portrait shoot with a celebrity could face additional penalties if charged under the new statute.

Rosenthal also argued that the judge should look at factors specific to Raef’s case, not hypothetical scenarios.

Kaiserman said the ruling only applies to Raef’s case but could lead to the law being struck down if prosecutors appeal.

___

Anthony McCartney can be reached at http://twitter.com/mccartneyAP

Entertainment News Headlines – Yahoo! News

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Ireland probes death of ill abortion-seeker

DUBLIN (AP) — The debate over legalizing abortion in Ireland flared Wednesday after the government confirmed that a woman in the midst of a miscarriage was refused an abortion and died in an Irish hospital after suffering from blood poisoning.

Prime Minister Enda Kenny said he was awaiting findings from three investigations into the death of Savita Halappanavar, a 31-year-old Indian woman who was 17 weeks pregnant. Her case highlighted the legal limbo in which pregnant women facing severe health problems can find themselves in predominantly Catholic Ireland.

Ireland's constitution officially bans abortion, but a 1992 Supreme Court ruling found the procedure should be legalized for situations when the woman's life is at risk from continuing the pregnancy. Five governments since have refused to pass a law resolving the confusion, leaving Irish hospitals reluctant to terminate pregnancies except in the most obviously life-threatening circumstances.

The vast bulk of Irish women wanting abortions, an estimated 4,000 per year, simply travel next door to England, where abortion has been legal on demand since 1967. But that option is difficult, if not impossible, for women in failing health.

Halappanavar's husband, Praveen, said doctors at University Hospital Galway in western Ireland determined she was miscarrying within hours of her hospitalization for severe pain on Sunday, Oct. 21. He said over the next three days, doctors refused their requests for an abortion to combat her surging pain and fading health.

The hospital declined to say whether doctors believed Halappanavar's blood poisoning could have been reversed had she received an abortion rather than waiting for the fetus to die on its own. In a statement, it described its own investigation into the death, and a parallel probe by the government's Health Service Executive, as "standard practice" whenever a pregnant woman dies in a hospital. The Galway coroner also planned a public inquest.

"Savita was really in agony. She was very upset, but she accepted she was losing the baby," he told The Irish Times in a telephone interview from Belgaum, southwest India. "When the consultant came on the ward rounds on Monday morning, Savita asked if they could not save the baby, could they induce to end the pregnancy? The consultant said: 'As long as there is a fetal heartbeat, we can't do anything.'

"Again on Tuesday morning ... the consultant said it was the law, that this is a Catholic country. Savita said: 'I am neither Irish nor Catholic' but they said there was nothing they could do," Praveen Halappanavar said.

He said his wife vomited repeatedly and collapsed in a restroom that night, but doctors wouldn't terminate the fetus because its heart was still beating.

The fetus died the following day and its remains were surgically removed. Within hours, Savita was placed under sedation in intensive care with blood poisoning and he was never able to speak with her again, her husband said. By Saturday, her heart, kidneys and liver had stopped working. She was pronounced dead early Sunday, Oct. 28.

The couple had settled in 2008 in Galway, where Praveen Halappanavar works as an engineer at the medical devices manufacturer Boston Scientific. His wife was qualified as a dentist but had taken time off for her pregnancy. Her parents in India had just visited them in Galway and left the day before her hospitalization.

Praveen Halappanavar said he took his wife's remains back to India for a Hindu funeral and cremation Nov. 3. News of the circumstances that led to her death emerged Tuesday in Galway after the Indian community canceled the city's annual Diwali festival. Savita Halappanavar had been one of the festival's main organizers.

Opposition politicians appealed Wednesday for Kenny's government to introduce legislation immediately to make the 1992 Supreme Court judgment part of statutory law. Barring any such bill, the only legislation defining the illegality of abortion in Ireland dates to 1861, when the entire island was part of the United Kingdom. That British law, still valid here due to Irish inaction on the matter, states it is a crime punishable by life imprisonment to "procure a miscarriage."

In the 1992 case, a 14-year-old girl identified in court only as "X'' successfully sued the government for the right to have an abortion in England. She had been raped by a neighbor. When her parents reported the crime to police, the attorney general ordered her not to travel abroad for an abortion, arguing this would violate Ireland's constitution.

The Supreme Court ruled she should be permitted an abortion in Ireland, never mind England, because she was making credible threats to commit suicide if refused one. During the case, the girl reportedly suffered a miscarriage.

Since then, Irish governments twice have sought public approval to legalize abortion in life-threatening circumstances — but excluding a suicide threat as acceptable grounds. Both times voters rejected the proposed amendments.

Legal and political analysts broadly agree that no Irish government since 1992 has needed public approval to pass a law that backs the Supreme Court ruling. They say governments have been reluctant to be seen legalizing even limited access to abortion in a country that is more than 80 percent Catholic.

An abortions right group, Choice Ireland, said Halappanavar might not have died had any previous government legislated in line with the X judgment. Earlier this year, the government rejected an opposition bill to do this.

"Today, some 20 years after the X case, we find ourselves asking the same question: If a woman is pregnant, her life in jeopardy, can she even establish whether she has a right to a termination here in Ireland?" said Choice Ireland spokeswoman Stephanie Lord.

Coincidentally, the government said it received a long-awaited expert report Tuesday proposing possible changes to Irish abortion law shortly before news of Savita Halappanavar's death broke. The government commissioned the report two years ago after the European Court of Human Rights ruled that Ireland's inadequate access to abortions for life-threatening pregnancies violated European Union law.

The World Health Organization, meanwhile, identifies Ireland as an unusually safe place to be pregnant. Its most recent report on global maternal death rates found that only three out of every 100,000 women die in childbirth in Ireland, compared with an average of 14 in Europe and North America, 190 in Asia and 590 in Africa.

Read More..

Judge tosses anti-paparazzi counts in Bieber case

LOS ANGELES (AP) — A law aimed at combating reckless driving by paparazzi is overly broad and should not be used against the first photographer charged under its provisions, a judge ruled Wednesday.

Superior Court Judge Thomas Rubinson dismissed counts filed under the law against Paul Raef, who was charged in July with being involved in a high-speed pursuit of Justin Bieber.

The judge cited numerous problems with the 2010 law, saying it was aimed at First Amendment newsgathering activities, and lawmakers should have simply increased the penalties for reckless driving rather than targeting celebrity photographers.

Attorneys for Raef argued the law was unconstitutional and was meant merely to protect celebrities while punishing people who gather news.

"This discrimination sets a dangerous precedent," attorney Brad Kaiserman said.

Prosecutors argued that the law, which seeks to punish those who drive dangerously in pursuit of photos for commercial gain, didn't merely apply to the media but could apply to people in other professions.

Rubinson cited hypothetical examples in which wedding photographers or even photographers rushing to a portrait shoot with a celebrity could face additional penalties if charged under the new statute.

Raef still faces traditional reckless driving counts.

Prosecutors allege he chased Bieber at more than 80 mph and forced other motorists to avoid collisions while Raef tried to get shots of the teen heartthrob on a Los Angeles freeway in July.

Raef has not yet entered a plea in the case.

___

Anthony McCartney can be reached at http://twitter.com/mccartneyAP

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Corzine blamed for fall of MF Global

Poor management decisions by MF Global's former CEO Jon Corzine triggered the brokerage firm's collapse, while lax protections for customer funds contributed to the loss of an estimated $1.6 billion of customer money, U.S. congressional investigators have determined.

Evidence unearthed by the House Financial Services Subcommittee on Oversight puts the blame squarely on Corzine, the panel's chairman Rep. Randy Neugebauer, said in a preview of the report that will be released on Thursday.

"The responsibility for failing to maintain the systems and controls necessary to protect customer funds rests with Corzine," the report says. "This failure represents a dereliction of his duty as MF Global's chairman and CEO."

Corzine, a former co-chairman of Goldman Sachs who also served as a U.S. senator and as governor of New Jersey, has denied any wrongdoing.

MF Global filed for bankruptcy more than a year ago, as investors scrambled to pull out funds after revelations the firm bet heavily on European sovereign debt and after credit downgrades.

Regulators, prosecutors and lawmakers have been looking into the estimated $1.6 billion in customer funds revealed to be missing after the firm's collapse.

The House subcommittee said it has held three hearings, interviewed more than 50 witnesses and reviewed thousands of documents from MF Global, its regulators and other sources.

The report will show that risks were exacerbated by an atmosphere at the firm in which no one could question Corzine's decisions, the subcommittee said.

Corzine also kept his own trading activities out of the firm's risk management review process, the subcommittee said. The group said it also found that regulatory agencies had not shared crucial information with each other, and other problems.

A trustee liquidating the company's broker-dealer unit released a critical report in June that said that in his attempt to build the firm into a global investment powerhouse, Corzine failed to address growing liquidity needs.

A spokesman for Corzine did not immediately respond to a request for comment.

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U.S. Atorney: Ex-Dixon comptroller to plead guilty

Former Dixon comptroller Rita Crundwell leaves the Lee County Courthouse in Dixon after being arraigned on felony theft charges. (John J. Kim, Chicago Tribune / October 31, 2012)

Staff report

2:31 p.m. CST, November 13, 2012

Former Dixon comptroller Rita Crundwell plans to plead guilty Wednesday to a federal fraud charge that alleges she siphoned more than $53 million from the small northwestern Illinois city’s coffers, according to the U.S. Attorney's office.

The office released a statement saying Crundwell will change her plea to guilty at a hearing Wednesday morning before U.S. District Judge Philip G. Reinhard in federal court in Rockford.

It was unclear from the release how Crundwell’s guilty plea to the federal charge will impact separate state charges she faces for the same wrongdoing. She also faces 60 counts of theft tied to her alleged embezzlement from the city's accounts.

Crundwell is accused of stealing the money over two decades and using it to sustain a lavish lifestyle and a nationally renowned horse-breeding operation.

Federal authorities have auctioned off about 400 horses and a luxury motor home that Crundwell allegedly bought with the stolen city funds. If Crundwell is convicted, much of the money will be returned to Dixon – after the federal government takes its cut for caring for the horses for months.

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Exclusive: AMD hires bank to explore options - sources

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