Jewel to close 3 stores -- in Chicago, Aurora, Niles









Jewel-Osco plans to close three stores by April 5, the company has confirmed.

According to a company spokeswoman, Jewel has decided not to renew the leases of its stores at at 1270 N. Lake St., Aurora, which will close Feb.15., and at 8203 W. Golf Rd. in Niles, and 3940 E. 106th St., Chicago, which will both close April 5.

Some 300 employees will be affected, but they will have the opportunity to transfer to other locations, the spokeswoman said.

The decision comes weeks after Jewel parent Eden Prairie-based Supervalu said that it will sell the chain and four others including Albertsons to Cerberus Capital Management. The deal is scheduled to close this spring.

In an internal memo obtained by the Tribune, Jewel President Brian Huff told employees that "this decision was necessary to ensure our continued strength in challenging times," and "is not a result of or related to the recent transaction between Cerberus Capital Management and Supervalu."

eyork@tribune.com | Twitter: @emilyyork



Read More..

Defendant's teen lover: She forced me to help attack her ex









Sandra Rogers convinced her 17-year-old lover to help her in the 2003 sledgehammer attack of her ex-husband and his new wife by threatening to tell his 14-year-old girlfriend – her daughter – about their affair, the now-26-year-old man testified Monday at Rogers’ trial in Lake County.

Jonathan McMeekin testified that the woman he referred to as “Sandy” allowed him to move into her home – and sleep in the same bed as her daughter Robin – when Robin was 13. He said Sandra Rogers bought him gifts including football cleats; let him use her car, though he didn’t have a license; took him out to dinner; and bought him marijuana.

“She would cook for me, clean, do my laundry, give me lunch money, those kinds of things,” McMeekin said. “She told me that I owed her.”

Nearly a decade after he pleaded guilty to attempted murder for his part in the near-fatal attack in Lincolnshire, McMeekin was on the stand Monday as a witness against Rogers, now 56. Rogers had also pleaded guilty in 2004 to the attack the previous year, but she was allowed to retract her guilty plea and stand trial in the case.

Authorities assert that McMeekin and Rogers drove together to her ex-husband's home in the middle of the night on May 19, 2003, broke in and surprised the couple in bed. Rogers struck both of them over the head multiple times with a sledgehammer, nearly killing the couple, prosecutors say.

Rogers’ lawyers have attempted to show that the it was Robin Rogers who participated in the attack with McMeekin, not her mother. They have cited statements that Robin Rogers made about wanting to kill her father; she denied that those comments were serious, and prosecutors chalked them up to harmless teenage rebellion.

In his testimony, McMeekin said Sandra Rogers had her own motives: She was distraught over her ex-husband regaining custody of their two daughters, and child support payments had stopped, McMeekin said Monday. Also, Sandra Rogers told McMeekin she feared she was going to be arrested because she allowed her daughter to continue to see McMeekin against her father’s wishes, he testified.

McMeekin said he smoked pot and drank eight to 12 beers before Rogers told her of his plan.

“She started talking about how she didn’t want to be arrested the next day,” he said. “She started talking about Rick, how she wanted to kill him. She said if I didn’t go with her, she would tell Robin that we had sex together.”

McMeekin testified that, after the pair arrived at her ex-husband Rick Rogers’ townhome that night, Sandra Rogers pulled out two ski masks from behind the seat, McMeekin said. She also pulled out a sledgehammer and tried to hand it to McMeekin, but he refused to take it, he said.

McMeekin took the stand Monday dressed in a navy blue prison jumpsuit, his legs shackled. He had initially told police that he acted alone and, after giving a detailed statement, led police to a river near the beaten couple's home, where a hammer and bloody clothing belonging to McMeekin were found. Several months later, McMeekin told police that Sandra Rogers orchestrated the attack and wielded the hammer.

Also taking the stand Monday was Rick Rogers’ wife Angela Gloria, who said she remembered going to bed at about 9:30 or 10 p.m. on the night of the attack. The next thing the now-46-year-old woman remembered is waking up in a hospital and talking to her priest.

“I called myself Peanuthead,” said Gloria, who still has visible scars on her face from the attack. “I had an indent on the side of my head. I looked like Frankenstein.”

Gloria’s speech is labored and halting, and she said her short-term memory is damaged. She had to re-learn how to walk, she said.

McMeekin is expected to continue testifying Tuesday.

Read More..

Oscar night to have something for everyone, producers say






BEVERLY HILLS (Reuters) – With a high five from 9-year-old actress Quvenzhane Wallis, and a pledge that Oscar night will have something for everyone, the Academy Awards kicked into high gear on Monday at a luncheon for more than 160 nominees.


Jennifer Lawrence, Steven Spielberg, Jessica Chastain, Naomi Watts, Joaquin Phoenix, Kathryn Bigleow, Anne Hathaway and Denzel Washington were among the Oscar-nominated actors, directors and producers who mingled over cocktails and lunch at a Beverly Hills hotel before gathering for the traditional group photo of the Academy Award class of 2012.






“Beasts of the Southern Wild” newcomer Wallis, the youngest actress ever to be nominated in the lead actress category, slapped hands with Academy of Motion Picture Arts and Sciences President Hawk Koch as her name was called to join her peers for the annual photo ahead of the February 24 ceremony.


“Argo” producer-director Ben Affleck, riding high after his Iran hostage thriller took its third major award at the weekend, shrugged off being overlooked in the Best Director Oscar shortlist.


“I feel honored to be here. It’s a big party,” Affleck told reporters, adding, “I’ve had many, many nights watching (the Oscars) from home.”


Craig Zadan and Neil Meron – who will be producing the three-hour Academy Award telecast for the first time – said performances by Barbra Streisand, Adele and Norah Jones, along with special tributes to Hollywood musicals and 50 years of James Bond movies, should give the ceremony wide appeal.


The popularity of many of the nine Best Picture nominees should also help bring in big audiences at home and abroad, they said.


“It has been a great year for movies. The movies are very competitive and they have done great box office. So we feel there is more interest this year than perhaps previous years, ” Zadan said.


“Life of Pi,” “Lincoln,” “Argo,” and “Django Unchained” have made more than $ 150 million each so far at the North American box office alone, while “Silver Linings Playbook” and “Zero Dark Thirty” have grossed more than $ 70 million each.


Last year’s Best Film winner, black and white silent movie “The Artist,” took just $ 44.7 million at the box office in the United States and Canada, even after the boost from its five Oscars.


Zadan and Meron reminded the nominees that the Oscar telecast was seen by an estimated one billion people in more than 200 countries, and urged them to keep their acceptance speeches short and sweet.


“Please speak from the heart and not from a piece of paper,” Zadan told the nominees. “Be remembered for eloquence and passion.”


The Oscars is being hosted for the first time by provocative “Family Guy” creator Seth MacFarlane. But Meron and Zadan said they had no worries about MacFarlane and his reputation for risqué comedy.


“Seth has been at every production meeting. We have been collaborating on everything, so we are not going to be surprised by anything,” Zadan told reporters.


(Editing by Sandra Maler)


Movies News Headlines – Yahoo! News





Title Post: Oscar night to have something for everyone, producers say
Url Post: http://www.news.fluser.com/oscar-night-to-have-something-for-everyone-producers-say/
Link To Post : Oscar night to have something for everyone, producers say
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Well: Expressing the Inexpressible

When Kyle Potvin learned she had breast cancer at the age of 41, she tracked the details of her illness and treatment in a journal. But when it came to grappling with issues of mortality, fear and hope, she found that her best outlet was poetry.

How I feared chemo, afraid
It would change me.
It did.
Something dissolved inside me.
Tears began a slow drip;
I cried at the news story
Of a lost boy found in the woods …
At the surprising beauty
Of a bright leaf falling
Like the last strand of hair from my head

Ms. Potvin, now 47 and living in Derry, N.H., recently published “Sound Travels on Water” (Finishing Line Press), a collection of poems about her experience with cancer. And she has organized the Prickly Pear Poetry Project, a series of workshops for cancer patients.

“The creative process can be really healing,” Ms. Potvin said in an interview. “Loss, mortality and even hopefulness were on my mind, and I found that through writing poetry I was able to express some of those concepts in a way that helped me process what I was thinking.”

In April, the National Association for Poetry Therapy, whose members include both medical doctors and therapists, is to hold a conference in Chicago with sessions on using poetry to manage pain and to help adolescents cope with bullying. And this spring, Tasora Books will publish “The Cancer Poetry Project 2,” an anthology of poems written by patients and their loved ones.

Dr. Rafael Campo, an associate professor of medicine at Harvard, says he uses poetry in his practice, offering therapy groups and including poems with the medical forms and educational materials he gives his patients.

“It’s always striking to me how they want to talk about the poems the next time we meet and not the other stuff I give them,” he said. “It’s such a visceral mode of expression. When our bodies betray us in such a profound way, it can be all the more powerful for patients to really use the rhythms of poetry to make sense of what is happening in their bodies.”

On return visits, Dr. Campo’s patients often begin by discussing a poem he gave them — for example, “At the Cancer Clinic,” by Ted Kooser, from his collection “Delights & Shadows” (Copper Canyon Press, 2004), about a nurse holding the door for a slow-moving patient.

How patient she is in the crisp white sails
of her clothes. The sick woman
peers from under her funny knit cap
to watch each foot swing scuffing forward
and take its turn under her weight.
There is no restlessness or impatience
or anger anywhere in sight. Grace
fills the clean mold of this moment
and all the shuffling magazines grow still.

In Ms. Potvin’s case, poems related to her illness were often spurred by mundane moments, like seeing a neighbor out for a nightly walk. Here is “Tumor”:

My neighbor walks
For miles each night.
A mantra drives her, I imagine
As my boys’ chant did
The summer of my own illness:
“Push, Mommy, push.”
Urging me to wind my sore feet
Winch-like on a rented bike
To inch us home.
I couldn’t stop;
Couldn’t leave us
Miles from the end.

Karin Miller, 48, of Minneapolis, turned to poetry 15 years ago when her husband developed testicular cancer at the same time she was pregnant with their first child.

Her husband has since recovered, and Ms. Miller has reviewed thousands of poems by cancer patients and their loved ones to create the “Cancer Poetry Project” anthologies. One poem is “Hymn to a Lost Breast,” by Bonnie Maurer.

Oh let it fly
let it fling
let it flip like a pancake in the air
let it sing: what is the song
of one breast flapping?

Another is “Barn Wish” by Kim Knedler Hewett.

I sit where you can’t see me
Listening to the rustle of papers and pills in the other room,
Wondering if you can hear them.
Let’s go back to the barn, I whisper.
Let’s turn on the TV and watch the Bengals lose.
Let’s eat Bill’s Doughnuts and drink Pepsi.
Anything but this.

Ms. Miller has asked many of her poets to explain why they find poetry healing. “They say it’s the thing that lets them get to the core of how they are feeling,” she said. “It’s the simplicity of poetry, the bare bones of it, that helps them deal with their fears.”


Have you written a poem about cancer? Please share them with us in the comments section below.
Read More..

Boeing asks FAA to allow Dreamliner test flights









Aerospace giant Boeing Co. has asked the Federal Aviation Administration to let it begin test flights on its grounded 787 Dreamliner passenger jet.

The new plane has been grounded since Jan. 16 by the FAA because of numerous incidents and high-profile fires involving the onboard lithium-ion batteries. Investigators around the world are looking into the matter.

The company disclosed its request for in-flight testing Monday in an email.

“Boeing has submitted an application to conduct test flights, and it is currently under evaluation by the FAA,” said Marc Birtel, a company spokesman, who would not comment further.

The FAA is reportedly looking into Boeing request, but would not comment.

The 787's battery systems were called into question Jan. 7 when a smoldering fire was discovered on the underbelly of a Dreamliner in Boston operated by Japan Airlines after the 183 passengers and 11 crew members had deplaned at the gate.

The National Transportation Safety Board is examining what went wrong. On Friday, the NTSB released its seventh update on the investigation into the lithium-ion battery systems. It said it has begun CT scanning the battery cells to examine their internal condition.

In addition, the NTSB disclosed that a battery expert from the Department of Energy joined the investigative team to lend additional expertise to ongoing testing.

In a separate incident Jan. 16 involving a 787 operated by All Nippon Airways in southwestern Japan, smoke was seen swirling from the right side of the cockpit after an emergency landing related to the plane's electrical systems. All 137 passengers and crew members were evacuated from the aircraft and slid down the 787's emergency slides.

The Japan Transport Safety Board, the country's version of the NTSB, is heading the investigation into All Nippon's emergency landing and reported fire.

No passengers or crew members were reported injured in the incidents. But the recent events have become a public relations nightmare for Boeing, which has long heralded the Dreamliner as a forerunner of 21st century air travel.

The 787, a twin-aisle aircraft that can seat 210 to 290 passengers, is the first large commercial jet with more than half its structure made of composite materials rather than aluminum sheets. It's also the first large commercial aircraft that extensively uses electrically powered systems involving lithium-ion batteries.

Boeing's lithium-ion batteries are made in Japan by Kyoto-based GS Yuasa Corp.

ALSO:


British troops use mini-drones to find targets on the battlefield


Airbus snags deal worth $9 billion, including order for 787 rival


Sea Launch mission fails; rocket, Intelsat satellite crash in ocean





Read More..

Ravens stave off 49ers' rally to win Super Bowl 34-31









NEW ORLEANS – The Ravens were almost done in Sunday by a reign delay.

A power outage at the Superdome halted Super Bowl XLVII for 34 minutes casting the stadium into a twilight-like darkness and allowing the reeling 49ers to regroup with almost a full half remaining.






Despite an impressive power surge by the 49ers, however, the Ravens were able to hang on for a 34-31 victory, hoisting the Lombardi Trophy for the second time in their history.

"It's never pretty, it's never perfect, but it's us," said Ravens coach John Harbaugh, whose team had lost four of its last five regular-season games before going on a marvelous run that included knocking off the Colts, Broncos and Patriots to reach the biggest stage.

Even before the ball was kicked off, the game made history. For the first time, brothers stood on opposite sidelines as head coaches. John's younger brother, Jim, coaches the 49ers, making Sunday's victory somewhat bittersweet for the Ravens coach.

"It's tough," John said. "It's very tough. It's a lot tougher than I thought it was going to be. It's very painful."

Most excruciating for the 49ers was how close they came. The game essentially ended on a goal-line stand, with three incomplete passes by the 49ers from the Ravens' 5 inside the final two minutes.

Second-year quarterback Colin Kaepernick, who showed incredible poise for a player with just 10 career starts, failed to connect with Michael Crabtree on three straight tries. On the last, Jim Harbaugh complained angrily that cornerback Jimmy Smith had held Crabtree, but officials were unsympathetic.

"There's no question in my mind that there was a pass interference and then a hold on Crabtree on the last one," the 49ers coach said.

The 49ers are now 5-1 in Super Bowls. By winning, the Ravens improved to 2-0 in the marquee game, becoming the only NFL team with multiple Super Bowl wins and an unblemished record in the big game.

"Lord knows, this season, it was tough, it was rough, I'm just ready to kick my feet up," said an effusive Ravens safety Ed Reed, a New Orleans native who said he felt like leading a parade "all the way up Poydras," the street that runs past the Superdome.

Reed intercepted an overthrown Kaepernick pass in the first half and grabbed a piece of history. It was the first time a 49ers quarterback had been picked off in the Super Bowl, with Joe Montana and Steve Young accounting for 17 touchdown passes in the previous five appearances.

Kaepernick completed 16 of 28 for 302 yards, with a touchdown and an interception. He also ran seven times for 62 yards and a score.

The star quarterback Sunday was Ravens quarterback Joe Flacco, who threw three touchdown passes and was named the game's most valuable player.

"I think we gave the country a pretty good game to watch — not to our liking necessarily — but that's the way it goes sometimes, and that's the way we do things," said Flacco, who completed 22 of 33 for 287 yards with a passer rating of 124.2.

The game was a masterpiece for the Ravens' Jacoby Jones, who grew up in New Orleans.

First, he had a 56-yard touchdown in the second quarter that had to have countless fans rewinding their DVRs. He slipped past cornerback Chris Culliver and caught a slightly underthrown bomb, turning with his back to the goal line to grab the ball, then falling to the ground. Untouched, he immediately popped to his feet, spun away from a defender, then beat Culliver again to the end zone.

That was just one of Culliver's travails on a very bad night for the young corner, who found himself in hot water earlier in the week when he said on a radio show that he would never accept a gay teammate.

Keeping up with Jones wasn't an option, not after he took the opening kickoff of the second half and returned it 108 yards for a touchdown, setting a Super Bowl record and tying the NFL record. Jones' return took a mere 11 seconds. Not bad for a guy in pads who had to dodge defenders along the way.

Before most of the lights ringing the field went out, the Ravens had built a 28-6 lead. But after the delay, during which players stretched in the surreal half-light, the 49ers answered with a 23-3 run.

With their red-and-gold-clad fans roaring their approval, the 49ers just missed a chance to forge a tie at 31 with 10:04 remaining, after Kaepernick ran for a 15-yard touchdown, the longest scoring run by a quarterback in Super Bowl history. But his conversion pass to Randy Moss was incomplete, however, leaving the Ravens to cling to a tenuous two-point lead.

The 49ers wouldn't score on offense again, and their only points came on an intentional safety by the Ravens in the game's final moments.

The game was a curtain-dropper for All-Pro Ravens linebacker Ray Lewis, who punctuated his career the way NFL stars John Elway, Jerome Bettis and Michael Strahan did — with a championship ring.

For the Ravens, the night was unforgettable.

Asked what he told his team before the game, John Harbaugh said: "I told them there's an old Motown song that says, 'There ain't no mountain high enough, ain't no valley low enough, ain't no river wide enough to keep us from winning this championship.' That's exactly what I said. It's a great song too."

Reed had another ditty in mind.

The All-Pro safety, having collected the crowning achievement of his storied career, cleared his throat, leaned into his microphone and crooned: "I've got two tickets to paradise …"

It was that kind of night.

sfarmer@tribune.com



Read More..

Is it game over for Nintendo?






The Wii U is a bust (so far). And the legendary gaming company’s future is looking increasingly bleak


Nintendo had no choice but to go all in with the Wii U, the newest in a long line of ostensibly childhood-defining game consoles. Unfortunately, the company also inherited the weighty expectations of the original Wii — which, if you’ll remember, became a surprise hit when it debuted in 2006, or just two short years after the world was first introduced to a little-known senator named Barack Obama. But ever since the Wii U hit store shelves last November, sales have been disappointing. Now the company is dramatically lowering its forecasts for the future. 






Initial sales figures indicate that Nintendo has so far sold just 3.06 million Wii U game consoles, and anticipates moving just four million Wii U units through March — far below previous estimates of 5.5 million, predictions that weren’t even that optimistic to begin with. 


Initial reviews of the Wii U were mixed. Yes, it’s fun. But the console failed to offer a compelling reason for consumers to free up dusty shelf space alongside their Xbox 360s or PlayStation 3s. Some critics say the console is confused, and Nintendo didn’t know if it was targeting mature gamers fixated on first-person shooter games like Call of Duty and Borderlands, or more casual fans like the original Wii did with its motion-sensing nunchuck. Further complicating matters is a nimble new mobile industry, dominated by non-committal, take-anywhere games like Temple Run and Angry Birds


“Nintendo needs a change in strategy,” Michael Pachter, a gaming research analyst for Wedbush Securities, tells The New York Times. Even though Nintendo is an instantly recognizable brand the world over, the company still doesn’t license its gaming titles for other platforms (ever see Mario on an iPhone?). To make matters worse, on Thursday, Nintendo president Satoru Iwata said that the company has no intention of lowering the price of its $ 300 flagship gaming system anytime soon. “We were already offering it at a good price,” he said. 


That means Nintendo, unless it releases a best-selling breakout title soon (Zelda, perhaps? Super Smash Bros. Brawl?), will continue on its path toward an increasingly dark future. The company already had its worst year ever in 2011. Dramatic restructuring seems imminent.


Consoles — compared to phones, tablets, laptops, and many other gadgets — have a much slower product cycle. Manufacturers only press “reset” every couple of years so that game-makers aren’t constantly readjusting to new hardware.


For quickly aging dinosaurs like Nintendo, that means more plodding along. More disappointing forecasts. More reluctant critics. More lost opportunities to earn the trust of lifelong fans. More, more, more. (Or for Nintendo, less, less, less?)


“People have to try it to see it is fun,” Iwata said of the Wii U. Undoubtedly, it is.


But unfortunately for Nintendo, “fun” just isn’t good enough anymore.


View this article on TheWeek.com Get 4 Free Issues of The Week


Other stories from this topic:


Like on Facebook - Follow on Twitter - Sign-up for Daily Newsletter
Gaming News Headlines – Yahoo! News





Title Post: Is it game over for Nintendo?
Url Post: http://www.news.fluser.com/is-it-game-over-for-nintendo/
Link To Post : Is it game over for Nintendo?
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

The top films at the North American Box Office






LOS ANGELES (Reuters) – Following are the top 10 movies at North American box offices for the weekend starting February 1, led by Warm Bodies at No. 1, according to studio estimates compiled by Reuters. 1 (*) Warm Bodies…………………………..$ 20.0 million 2 (1) Hansel and Gretel……………………..$ 9.2 million 3 (3) Silver Linings Playbook………………..$ 8.1 million 4 (2) Mama…………………………………$ 6.7 million 5 (4) Zero Dark Thirty………………………$ 5.3 million 6 (*) Bullet to the Head…………………….$ 4.5 million 7 (5) Parker……………………………….$ 3.2 million 8 (6) Django Unchained………………………$ 3.0 million 9 (10)Les Miserables………………………..$ 2.4 million 10 (11)Lincoln………………………………$ 2.4 million NOTES: (*) = new release


CUMULATIVE TOTALS: Lincoln…………………………………..$ 170.8 million Django Unchained…………………………..$ 151.0 million Les Miserables…………………………….$ 141.5 million Silver Linings Playbook…………………….$ 80.4 million Zero Dark Thirty…………………………..$ 77.8 million Mama……………………………………..$ 58.3 million Hansel and Gretel: Witch Hunters…………….$ 34.5 million Warm Bodies……………………………….$ 20.0 million Parker……………………………………$ 12.4 million Bullet to the Head…………………………$ 4.5 million






Hansel & Gretel: Witch Hunters” was distributed by Paramount Pictures, a unit of Viacom Inc. “Zero Dark Thirty” was released by Sony Corp’s movie studio. “Warm Bodies” and “The Last Stand” were distributed by Lions Gate Entertainment. “Bullet to the Head” was released by Warner Bros, a unit of Time Warner Inc “Django Unchained” and “Silver Linings Playbook” were distributed by Weinstein Co. “Les Miserables” and “Mama” were distributed by Universal Pictures, a unit of Comcast Corp.


(Reporting By Ronald Grover and Andrea Burzynski; Editing by Sandra Maler)


Movies News Headlines – Yahoo! News





Title Post: The top films at the North American Box Office
Url Post: http://www.news.fluser.com/the-top-films-at-the-north-american-box-office/
Link To Post : The top films at the North American Box Office
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Medicines Co. Licenses Rights to Cholesterol Drug



The drug, known as ALN-PCS, inhibits a protein in the body known as PCSK9. Such drugs might one day be used to treat millions of people who do not achieve sufficient cholesterol-lowering from commonly used statins, such as Lipitor.


The Medicines Company will pay $25 million initially and as much as $180 million later if certain development and sales goals are met, under the deal expected to be formally announced Monday. It will also pay Alnylam, which is based in Cambridge, Mass., double-digit royalties on global sales.


That is small payment for a drug with presumably a huge potential market, probably reflecting that Alnylam is still in the first of three phases of clinical trials, well behind some far bigger competitors.


The team of Sanofi and Regeneron Pharmaceuticals is already entering the third and final stage of trials with their PCSK9 inhibitor, as is Amgen. Pfizer and Roche are in midstage trials.


ALN-PCS is different from the other drugs. It uses a gene-silencing mechanism called RNA interference, aimed at shutting off production of the PCSK9 protein. The other drugs are proteins called monoclonal antibodies that inhibit the action of PCSK9 after it has been formed.


Alnylam and the Medicines Company hope that turning off the faucet, as it were, will be more efficient than mopping the floor, allowing their drug to be given less frequently and in smaller amounts.


But that has yet to be proved. No drug using RNA interference has reached the market.


The Medicines Company, based in Parsippany, N.J., generates almost all of its revenue from one product — Angiomax, an anticlotting drug used when patients receive stents to open clogged arteries.


Dr. Clive A. Meanwell, chief executive of the company, said that PCSK9 inhibitors are likely to be used at first mainly by patients with severe lipid problems under the care of interventional cardiologists, the same doctors who use Angiomax. “It really is quite adjacent to what we do,” he said.


The Medicines Company licensed Angiomax from Biogen Idec, where the drug was invented and initially developed under a team led by Dr. John M. Maraganore, who is now the chief executive of Alnylam.


“It’s a bit like getting the band back together,” Dr. Maraganore said.


Read More..

Battle between Cubs, rooftop owners is best viewed from sidelines








From the Super Bowl to the sandlot, just as surely as players give 110 percent, the math of sports is always suspect.


Sports isn't like other businesses. What other investment becomes more attractive because of its unpredictability? Revenue can always be accounted for, but what of ego, pride, loyalty, stubbornness or even the microns that separate a catch from a muff?


In no other industry does a perennial also-ran continue to see its value increase.






That's why it's a mistake to get too wrapped up in the dispute between the wealthy Ricketts family that owns the Chicago Cubs and the owners of buildings adjacent to Wrigley Field who have turned their rooftops into garish, outsize extensions of the bleachers?


If it's just money, there's a price — and if there's a price, there's a solution to be worked out. If it's a game, the drama is best enjoyed with healthy detachment because logic may or may not dictate the outcome.


Like a hockey fight, one or both combatants will eventually run out of gas, then will be penalized with the loss of time and opportunity.


"What we are trying to do is resolve this right now," Jim Lourgos, one of the rooftop club owners, said recently during a visit to Tribune Tower. "If you're in court on something like this, my feeling has always been that by the time you're in court, you've already lost."


Unless, say, you're trying to run out the clock. But enough with the sports metaphors.


At the center of this dispute, for those late arrivals to this fight, is a nearly 99-year-old ballpark long overdue for a rehab. Wrigley must be brought into the 21st century, in the interest of the team but also all those who benefit from its standing as a tourist magnet, including those peddling rooftop seats.


The Ricketts family is said to finally have abandoned its quest for taxpayer help in funding the project.


It is true other sports franchises in town have received taxpayer help to build facilities that enrich their owners, but every bad idea has to end somewhere. This would at last be consistent with the philosophy of patriarch Joe Ricketts, who has said he considers it "a crime for our elected officials to borrow money today to spend money today and push the repayment of that loan out into the future on people who aren't even born yet."


Rather than hitting up the cash-strapped city and state, the Ricketts clan instead wants help in the form of concessions such as a relaxation of landmark restrictions and city ordinances that limit such matters as the number of night games and ads in the ballpark. They also want to turn one of the streets into a pedestrian mall.


The rooftop interests, which kick 17 percent of their revenue back to the Cubs as part of a nine-year-old settlement with the team, are terrified the loosened restrictions will result in their views of the ballpark being blocked by advertising signs.


Never mind that Wrigley Field itself has many seats with obstructed views, thanks to support posts.


The rooftoppers have offered to put advertising on their building facades with the money going to the team and city. And they think they have leverage via the 2004 contract they signed with then-Cubs owner Tribune Co. (Yes, that's the same Tribune Co. that owns the Chicago Tribune and still has a small piece of the ballclub.) They think they can parlay this into an extension of their current agreement with the team to 2023.


But the contract allows that "any expansion of Wrigley Field approved by governmental authorities shall not be a violation" of the deal, which means if Mayor Rahm Emanuel gets behind the Ricketts, look out.


Rooftop owners talk about the taxes they pay, the people they employ, the money they've invested to make their businesses safe and viable, the character they add to the neighborhood.


The basic argument, however, still seems a little like when your neighbor with the big-screen TV decides to start watching with the drapes closed on what's become movie night at your house. It's bad form to complain that they not only shouldn't shut the drapes but should open the window and turn up the volume so you and the people in your living room you've charged $1 a head can make out the dialogue better.


At the same time it's hard to sympathize with the Ricketts family, which invested $850 million to acquire the team and ballpark, effectively creating a family trust that's a tax-efficient structure for protecting and eventually distributing wealth across generations. It's not as though these people didn't know Wrigley Field was in need of work or the deals in place with the rooftop clubs. They ought to be able to come up with the cash to make this happen, with or without advertising.


That deal is really something, though. For example, the contract calls for the Cubs to help hype them in a variety of ways, advancing the argument that the rooftop clubs are part of the appeal of Wrigley.


There's a requirement that "WGN-TV will show and comment upon the Rooftops' facilities during the broadcasts of Cubs games and the Cubs will request other Cubs television broadcasting partners to do the same." There's also a mandate for the team to "include a discussion about the Rooftops on their tour of Wrigley Field" and to include stories positive about the Rooftops in The Vine Line," the team's publication.


What you won't read in The Vine Line is that this fight, like the ballpark itself, is a fight over something that may increasingly be quaint in the coming decades. The Los Angeles Dodgers last week announced a $7 billion, 25-year deal for their own cable channel, following the example of the New York Yankees, which already have their own.


With that kind of money coming in via television, the pressure to make money from ticket sales may be relieved somewhat, turning the stadiums into glorified studios. But that may be too logical for sports. For one thing, it assumes that player salaries won't escalate in response as owners ditch their budgets in order to get an edge that may or may not materialize.


That's the thing about sports. You never know how the numbers will add up.


philrosenthal@tribune.com


Twitter @phil_rosenthal






Read More..