Head of Microsoft’s Windows unit steps down
















(Reuters) – Microsoft Corp said the head of its flagship Windows division and the driving force behind Windows 8, Steven Sinofsky, will be leaving the company with immediate effect, days after the software giant launched the Surface tablet.


Sinofsky, who presented at the launch of the Windows 8 operating system in New York City last month, will be succeeded by Julie Larson-Green, who will head the Windows hardware and software division, the company said in a statement.













Tami Reller will remain chief financial officer and chief marketing officer and will assume responsibility for the business of Windows.


Both executives will report directly to Microsoft CEO Steve Ballmer, Microsoft said.


At the launch event in October, Sinofsky and his team showed off a range of devices running Windows 8 from PC makers such as Lenovo Group Ltd and Acer Inc, but devoted most of their energy to the second half of the presentation and the Surface tablet, the first computer Microsoft has made itself.


(Reporting by Sakthi Prasad and Nicola Leske; Editing by Edmund Klamann)


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Glitch prevents trading in over 200 stocks on the NYSE
















NEW YORK (Reuters) – NYSE Euronext on Monday suspended trading in over 200 stocks on the New York Stock Exchange due to a technical problem with a server, though the stocks in question were still trading actively on other markets.


There will be no closing auctions in the affected stocks, and a list of the official closing prices for the securities, based on the consolidated last sale, will be distributed via email and NYSE’s website, the exchange operator said.













NYSE first alerted traders it was having problems with one of its cash equity matching engines at 9:38 a.m., and it said it would not publish quotes on a total of 216 stocks, including CVS Caremark Corp and Lazard Ltd .


Nasdaq OMX Group , BATS Global Markets and Direct Edge exchanges stopped sending orders to the NYSE, declaring “self help” against the exchange.


“Orders were coming in, but those who were issuing the orders were not getting their confirmations or their reports, so we felt it was best to zero it out, if you will, and then to suspend trading of those stocks on our market,” said Rich Adamonis, an NYSE spokesman.


NYSE said that any open orders should be considered canceled.


Adamonis said the server issues were still being investigated at around 3 p.m., but said they came as the issues were being moved over to a new trading platform.


NYSE is in the process of moving all of its markets – including bonds, options, futures and cash equities – in the United States and Europe to a universal electronic trading platform.


The New York-based company’s European markets have been fully integrated with the new system, and the exchange is now in the process of moving over its roughly 3,800 U.S. cash equities issues to the new platform, with about 800 having been migrated so far, Adamonis said.


The migration will continue to be rolled out through the rest of the year, he added.


(Reporting By John McCrank; Editing by Leslie Adler)


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General investigated for emails to Petraeus friend
















PERTH, Australia (AP) — In a new twist to the Gen. David Petraeus sex scandal, the Pentagon said Tuesday that the top American commander in Afghanistan, Gen. John Allen, is under investigation for alleged “inappropriate communications” with a woman who is said to have received threatening emails from Paula Broadwell, the woman with whom Petraeus had an extramarital affair.


Defense Secretary Leon Panetta said in a written statement issued to reporters aboard his aircraft, en route from Honolulu to Perth, Australia, that the FBI referred the matter to the Pentagon on Sunday.













Panetta said that he ordered a Pentagon investigation of Allen on Monday.


A senior defense official traveling with Panetta said Allen’s communications were with Jill Kelley, who has been described as an unpaid social liaison at MacDill Air Force Base, Fla., which is headquarters to the U.S. Central Command. She is not a U.S. government employee.


Kelley is said to have received threatening emails from Broadwell, who is Petraeus’ biographer and who had an extramarital affair with Petraeus that reportedly began after he became CIA director in September 2011.


Petraeus resigned as CIA director on Friday.


Allen, a four-star Marine general, succeeded Petraeus as the top American commander in Afghanistan in July 2011.


The senior official, who discussed the matter only on condition of anonymity because it is under investigation, said Panetta believed it was prudent to launch a Pentagon investigation, although the official would not explain the nature of Allen’s problematic communications.


The official said 20,000 to 30,000 pages of emails and other documents from Allen’s communications with Kelley between 2010 and 2012 are under review. He would not say whether they involved sexual matters or whether they are thought to include unauthorized disclosures of classified information. He said he did not know whether Petraeus is mentioned in the emails.


“Gen. Allen disputes that he has engaged in any wrongdoing in this matter,” the official said. He said Allen currently is in Washington.


Panetta said that while the matter is being investigated by the Defense Department Inspector General, Allen will remain in his post as commander of the International Security Assistance Force, based in Kabul. He praised Allen as having been instrumental in making progress in the war.


The FBI’s decision to refer the Allen matter to the Pentagon rather than keep it itself, combined with Panetta’s decision to allow Allen to continue as Afghanistan commander without a suspension, suggested strongly that officials viewed whatever happened as a possible infraction of military rules rather than a violation of federal criminal law.


Allen was Deputy Commander of Central Command, based in Tampa, prior to taking over in Afghanistan. He also is a veteran of the Iraq war.


In the meantime, Panetta said, Allen’s nomination to be the next commander of U.S. European Command and the commander of NATO forces in Europe has been put on hold “until the relevant facts are determined.” He had been expected to take that new post in early 2013, if confirmed by the Senate, as had been widely expected.


Panetta said President Barack Obama was consulted and agreed that Allen’s nomination should be put on hold. Allen was to testify at his confirmation hearing before the Senate Armed Services Committee on Thursday. Panetta said he asked committee leaders to delay that hearing.


NATO officials had no comment about the delay in Allen’s appointment.


“We have seen Secretary Panetta‘s statement,” NATO spokeswoman Carmen Romero said in Brussels. “It is a U.S. investigation.”


Panetta also said he wants the Senate Armed Services Committee to act promptly on Obama’s nomination of Gen. Joseph Dunford to succeed Allen as commander in Afghanistan. That nomination was made several weeks ago. Dunford’s hearing is also scheduled for Thursday.


___


Associated Press writer Slobodan Lekic in Kabul, Afghanistan, contributed to this report.


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Australia’s INXS calls it quits as touring band after 35 years
















SYDNEY (Reuters) – Australian rock group INXS has called it quits as a live touring band after 35 years, thanking fans and honoring late frontman Michael Hutchence in a statement on Tuesday.


INXS, which sold more than 30 million albums worldwide, including more than 10 million alone of their 1987 breakthrough “Kick”, issued the statement after comments by band member Jon Farriss during a weekend performance sparked a frenzy on Twitter.













“We understand that this must come as a blow to everybody, but all things must eventually come to an end,” INXS members Tim, Andrew and Jon Farriss, Kirk Pengilly and Garry Beers said. “We have been performing as a band for 35 years, it’s time to step away from the touring arena.”


“Our music will of course live on and we will always be a part of that,” they added.


INXS was one of the biggest touring bands of the 1980s and 1990s, playing to 80,000 at Wembley Stadium in London and 120,000 in Rio De Janeiro.


But the death of charismatic lead singer Hutchence in 1997 was a major blow.


A U.S. TV talent show for a new frontman was won by Canadian J.D. Fortune, while Terence Trent D’Arby and Jon Stevens also had a turn at the microphone. Irishman Ciaran Gribbin was the last to take the role.


Farriss, the band’s drummer, set the Internet abuzz on Sunday night after he told the audience during a support performance for U.S. band Matchbox Twenty in Perth that it was the last time INXS would perform together. Saxophone player Pengilly later told a radio station the band was not breaking up.


The group declined to comment further on Tuesday.


(Reporting By Grace Williams, editing by Elaine Lies)


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Australia’s INXS calls it quits as touring band after 35 years
















SYDNEY (Reuters) – Australian rock group INXS has called it quits as a live touring band after 35 years, thanking fans and honoring late frontman Michael Hutchence in a statement on Tuesday.


INXS, which sold more than 30 million albums worldwide, including more than 10 million alone of their 1987 breakthrough “Kick”, issued the statement after comments by band member Jon Farriss during a weekend performance sparked a frenzy on Twitter.













“We understand that this must come as a blow to everybody, but all things must eventually come to an end,” INXS members Tim, Andrew and Jon Farriss, Kirk Pengilly and Garry Beers said. “We have been performing as a band for 35 years, it’s time to step away from the touring arena.”


“Our music will of course live on and we will always be a part of that,” they added.


INXS was one of the biggest touring bands of the 1980s and 1990s, playing to 80,000 at Wembley Stadium in London and 120,000 in Rio De Janeiro.


But the death of charismatic lead singer Hutchence in 1997 was a major blow.


A U.S. TV talent show for a new frontman was won by Canadian J.D. Fortune, while Terence Trent D’Arby and Jon Stevens also had a turn at the microphone. Irishman Ciaran Gribbin was the last to take the role.


Farriss, the band’s drummer, set the Internet abuzz on Sunday night after he told the audience during a support performance for U.S. band Matchbox Twenty in Perth that it was the last time INXS would perform together. Saxophone player Pengilly later told a radio station the band was not breaking up.


The group declined to comment further on Tuesday.


(Reporting By Grace Williams, editing by Elaine Lies)


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Belize wants to quiz anti-computer virus guru McAfee in murder probe
















BELIZE CITY (Reuters) – Police in Belize want to question U.S. anti-computer virus software pioneer John McAfee in connection with the murder of a neighbor he had been quarrelling with, but they say he remains a person of interest at this time and is not a suspect.


McAfee, who invented the anti-virus software that bears his name, has homes and businesses in Belize, and is believed to have settled in the country sometime around 2010.













“He is a person of interest at this time,” said Marco Vidal, head of Belize’s police Gang Suppression Unit. “It goes a bit beyond that, not just being a neighbor.”


Police officers were looking for the software engineer, said Miguel Segura, the assistant commissioner of police.


Asked if McAfee was a suspect, he said: “At this point, no. Our job … is to get all the evidence beyond reasonable doubt that Mr A is the one that killed Mr B.”


“He (McAfee) … can assist the investigation, so there is no arrest warrant for the fellow,” added Segura, who heads the Criminal Investigation Branch.


McAfee’s neighbor, Gregory Viant Faull, a 52-year-old American, was found on Sunday lying dead in a pool of blood after apparently being shot in the head.


McAfee has been embroiled in controversy in Belize before.


His premises were raided in May after he was accused of holding firearms, though most were found to be licensed. The final outcome of the case is pending.


McAfee also owns a security company in Belize as well as several properties and an ecological enterprise.


Reuters was unable to contact McAfee on Monday.


Segura said McAfee had been at odds with Faull for some time. He accused his neighbor of poisoning his dogs earlier this year and filed an official complaint.


“There was some conflict there between (them) … prior to the death of the gentleman,” Segura said. “But those dogs didn’t have a post mortem to see if the toxicology would confirm what type of poison, if any.”


McAfee previously accused the police Gang Suppression Unit of killing his dogs during the May raid.


McAfee was one of Silicon Valley’s first entrepreneurs to amass a fortune by building a business off the Internet.


The former Lockheed systems consultant started McAfee Associates in 1989, initially distributing its anti-virus software as “shareware” on Internet bulletin boards.


He took the company public in 1992 and left two years later following accusations that he had hyped the arrival of a virus known as Michelango, which turned out to be a dud, to scare computer users into buying his company’s products.


(Reporting by Simon Gardner and Gabriel Stargardter in Mexico City and Jim Finkle; Editing by Kieran Murray and Todd Eastham)


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Arseus makes three acquisitions, sees more this year
















BRUSSELS (Reuters) – Belgo-Dutch medical supplies firm Arseus has made three acquisitions in drug compounding and plans to announce more by the end of the year as it seeks to benefit from a growing trend of pharmacists mixing their own medicines.


The firm, which also sells dentist chairs and surgical equipment, said on Tuesday it has made acquisitions in Brazil, Colombia and Scandinavia worth around 16.5 million euros ($ 21 million) in total.













The firm is the only real global company that supplies ingredients for compounding, meaning it has become the consolidator in the sector.


“There are lots of opportunities and we are involved in numerous processes now, so we hope to announce a little bit more before the end of the year,” Chief Executive Ger van Jeveren told Reuters in a telephone interview.


He said the company has 75 million euros in cash that is still available for acquisitions.


Arseus said the three added companies would generate a combined annual revenue of 12 million euros, with a 25 percent core profit margin.


The acquisitions are to be consolidated from Nov 1. ($ 1 = 0.7867 euros)


(Reporting By Ben Deighton; editing by Philip Blenkinsop)


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Microsoft Shows Its Windows Chief the Door
















Fresh off the release of Windows 8, Microsoft (MSFT) has decided to part ways with its Windows chief.


Microsoft issued a press release late Monday evening, saying that Steven Sinofsky, president of the Windows Division, will leave the company, effective immediately. Sinofsky had spent close to 25 years at Microsoft and developed a reputation as someone who could oversee large, complex software projects and bring them in on time—or whatever counts as on time in Microsoft land. Before shepherding products such as Windows, Windows Live, and Outlook.com, he oversaw many iterations of Office.













The big knock on Sinofsky was his often-prickly nature. He wasn’t seen as a team player within Microsoft and was instead known for protecting his fiefdom. That approach doesn’t go over well at today’s Microsoft, which needs to prove that Windows is just one piece of a larger collective that includes phone software, online services, and entertainment products delivered via the Xbox. Sinofsky also proved reticent to speak with the press and was barely heard from as Windows 8 hit the market late last month.


Microsoft’s chief executive officer, Steve Ballmer, said all the standard, polite things in the statement about Sinofsky’s departure. “I am grateful for the many years of work that Steven has contributed to the company,” Ballmer said. Julie Larson-Green, a Microsoft veteran, has been tapped to run Windows software and hardware engineering and will report directly to Ballmer.


Windows 8 is Microsoft’s biggest gamble in years. The software has a radical new interface that’s equal parts beautiful, playful, and confusing. It brings Microsoft into the modern era, giving the company something that can run on tablets, smartphones, laptops, and PCs.


Sinofsky had been put in charge of Windows to make sure that Windows 8 did not end up a mess. The software has received mostly favorable reviews to date, although Microsoft has failed to drum up a ton of early interest around its application store. Critics of Sinofsky can point to this as an example of his inability to play nice with others and drive partner support. Ultimately, he was the guy who delivered big, complex software programs and did it well—and this was not seen as good enough at a time when Microsoft needs plenty of diplomacy and crafty tactics to regain consumer interest.


“It is impossible to count the blessings I have received over my years at Microsoft,” Sinofsky said on his way out. ”I am humbled by the professionalism and generosity of everyone I have had the good fortune to work with at this awesome company.”


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Cost becomes bigger question in treating heart disease
















LOS ANGELES (Reuters) – The cost of treating heart disease has become a key factor in decisions by U.S. cardiologists grappling with the nation’s No. 1 killer.


Record prices for drugs and devices, reduced reimbursement by insurance plans and the looming full implementation of the healthcare reform law are convincing doctors to consider not only novel treatments, but also how to get the most bang for the buck.













The trend was reflected at the annual scientific meeting of the American Heart Association, generally a forum for groundbreaking research on medications and devices to combat heart disease.


The conference for the first time last year featured an entire session on the economics of healthcare, including a study showing that eliminating drug co-payments for heart attack victims significantly reduced the chance that they would suffer another major cardiovascular problem.


The 2012 meeting, held last week in Los Angeles, included several dual presentations with companion studies on the economic impact of a drug or therapy as well as its safety and effectiveness.


“We have an unsustainable economic model in healthcare delivery in the U.S.,” said Dr. Elliott Antman, professor of medicine at Harvard Medical School and chairman of the AHA Scientific Sessions Committee. “We all have to be conscious of ways we can be more cost efficient, and that includes understanding what the big breakthroughs mean in terms of cost.”


Heart disease is the leading cause of death for both men and women in the United States, accounting for one of every four deaths, according to the Centers for Disease Control and Prevention.


It also is very expensive. AHA estimates that annual U.S. medical costs of cardiovascular disease will reach $ 800 billion by 2030 – nearly triple the $ 272 billion spent in 2010.


“Rising costs of medical care make it very pertinent for us to assess value,” said Dr. Mark Hlatky, director of the cardiovascular outcomes research center at Stanford University.


President Barack Obama’s Affordable Care Act, which has now survived a challenge in the Supreme Court and a presidential election, is structured to reward quality of care, not the traditional fee-for-service model that can result in unnecessary treatment.


But the equation is not always simple.


One study presented at the AHA meeting showed that diabetics with diseased arteries not only fared better if they underwent bypass surgery rather than a less expensive stent procedure, but the surgery was also more cost effective.


Researchers, funded by the National Institutes of Health, found that up-front costs for bypass surgery and hospitalization were about $ 8,600 higher than costs for stent patients. But more stent patients either died or needed repeat artery clearing, while those who had surgery lived longer, higher-quality lives, resulting in lower, long-term healthcare spending for them.


Another study found that angioplasty to clear blocked arteries costs more at hospitals not equipped for emergency heart surgery, due mainly to follow-up costs. Elective angioplasty is becoming increasingly common at hospitals that do not conduct more complicated heart procedures.


“Surprisingly, there was no difference in procedure cost,” said Dr. Eric Eisenstein, lead author of the study and assistant professor of medicine at Duke University Medical School in North Carolina. “We did find a difference in follow-up cost.”


New research paid for by Johnson & Johnson, one of the makers of the new anti-clotting drug Xarelto, showed that the costs of a heart attack, angina, or chest pain go well beyond actual hospital care.


The study, led by Robert Page, a clinical specialist in the division of cardiology at the University of Colorado School of Pharmacy in Aurora, Colorado, found that every short-term disability claim for acute coronary syndrome cost employers nearly $ 8,000, and each long-term claim carried a price tag of more than $ 52,000.


Annual healthcare costs for each worker, including out-of-pocket expenses, totaled nearly $ 8,200 during the four-year period studied.


About half of all patients with acute coronary syndrome – a term used to describe conditions in which the blood supply to the heart is blocked – are working adults under the age of 65, Page said. That means the burden for their care will more likely fall on employers and employee co-payments rather than on the Medicare system.


The AHA estimates the rate of coronary heart disease in the United States will increase by 16 percent between 2010 and 2030.


Xarelto is one of three new blood-thinning medicines that offer potential advantages over older drugs to prevent strokes and other dangerous conditions caused by blood clots. Another is Pradaxa, made by Germany’s Boehringer Ingelheim.


“These drugs are expensive. They cost more than warfarin which is relatively cheap to use,” said Dr. Stuart Connolly, director of the cardiology division at McMaster University in Ontario, Canada. “Cost-effectiveness studies have been favorable. The reason is that even though purchase of the drug is not cheap, there are savings from preventing ischemic strokes.”


Even so, physicians can face significant hurdles to secure insurance coverage for patients they think need to be on a new, more expensive drug.


“It is a cost firewall,” Antman said, explaining that it can take considerable time for him to talk to insurance telephone operators, claims supervisors and, eventually, medical directors to secure coverage for a patient.


(Additional reporting by Bill Berkrot; Editing by Martin Howell and Leslie Adler)


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Clarke’s 218 puts Australia on front foot
















BRISBANE (Reuters) – Australia captain Michael Clarke scored a brilliant unbeaten double century to give the hosts a remarkable 37-run first innings lead on the fourth day of the first test against South Africa on Monday.


Supported first by a maiden century from opener Ed Cowan in a record stand of 259, and then by Mike Hussey‘s 86 not out, Clarke’s 218 helped lift Australia from 40 for three when he took to the crease on Sunday to 487 for four when stumps were drawn.













It was Clarke’s sixth test century, and his third double hundred, in the 15 tests since he was named captain last year in the wake of the Ashes humiliation and Australia’s quarter-final exit at the World Cup.


Although by no means a chanceless knock, the 31-year-old played with patience when South Africa’s vaunted pacemen got anything out of the Gabba track before punishing anything loose with some fine shot-making.


When he carried his bat back to the pavilion at the end of the day to the raucous cheers of a sparse crowd at the famous Brisbane ground, Clarke had faced 350 balls over 504 minutes and scored 21 fours.


“I’m very happy with that,” Clarke, who accumulated his 1,000 test run of the year during the innings, said in an interview on the boundary.


“I didn’t feel great at the start and I think Ed Cowan batted beautifully.


“We’re in a great position with a 30-odd lead. I’d like another 70 odd runs in the morning and then I want to have a crack with the ball. We’ll see what happens.”


Cowan departed for 136 in heartbreaking fashion just before tea, run out at the non-striker’s end when Dale Steyn got a finger to a Clarke drive that hit the stumps and the opener was caught out of his crease backing up.


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His partnership with Clarke was an Australian record for the fourth wicket at the Gabba, beating the 245 Clarke and Mike Hussey made against Sri Lanka in 2007.


Cowan’s wicket was the only wicket to fall on the day and Hussey started pouring on the runs as if determined to get the record back for his own partnership with his captain.


The 37-year-old bucked his poor recent form against South Africa by reaching his half century off just 68 balls with a drive through long-off and was closing on a century of his own when play ended.


It was Hussey’s cut four off Morne Morkel with which Australia overhauled South Africa’s first innings tally of 450 and put themselves in with an unlikely chance of even winning a test which lost an entire day to rain on Saturday.


Clarke’s negotiation of the “nervous nineties” for his century had been fraught and he was nearly run out going for a second run that would have brought him to the hundred mark.


There were no such jitters on his approach to the two hundred mark, which he passed by slapping the ball through mid-on for two runs before giving the badge on his helmet another kiss.


Cowan’s century was a retort to those critics who have consistently questioned his place in the team since he made his debut in last year’s Melbourne test against India.


The 30-year-old lefthander reached the mark two overs after lunch by pulling a short Vernon Philander delivery for four to the square leg boundary, beginning his joyous celebrations before the ball hit the rope.


South Africa’s number one test ranking is on the line in the series, which continues with matches in Adelaide and Perth after Brisbane.


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