Exclusive: Google Ventures beefs up fund size to $300 million a year

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Ex-oil man to be next Anglican leader: UK media

LONDON (Reuters) – A former oil executive who went to the same exclusive school as Prime Minister David Cameron will shortly be named Archbishop of Canterbury, spiritual leader of the world’s 80 million Anglicans, British newspapers said on Thursday.

Justin Welby, 56, the Bishop of Durham, who has had a meteoric rise up the Church of England hierarchy since quitting the world of commerce in 1992, will be announced as the next archbishop as early as Friday, the reports said.

The nomination follows weeks of speculation that the Church body assigned to elect the future archbishop was split over choosing a reformer or a safe pair of hands to maintain the status quo.

Cameron’s spokesman said an announcement would come “soon”.

Welby, who went to the same exclusive school, Eton College, as Cameron, London mayor Boris Johnson and Princes William and Harry, has already accepted the position, according to the Daily Telegraph.

Bookmaker William Hill stopped taking bets on the future archbishop after a run of bets on Welby on Tuesday.

“In the space of less than an hour we had to cut the odds three times, so took the decision to close the book as we know a decision is already overdue and it seems word may have leaked out,” the bookmaker said in a statement

Welby will replace left-leaning incumbent Rowan Williams, who has said his successor as head of the global Anglican Communion will need “the constitution of an ox and the skin of a rhinoceros”.

Welby is widely reported to be against gay marriage but broadly in favor of the ordination of women bishops, two of the most divisive issues in the communion.

The new archbishop will earn about 74,000 pounds ($ 120,000) a year. He will have lodgings in the Old Palace in Canterbury, southeast England, and the historic riverside Lambeth Palace in London. His tenure will last until retirement at 70 or until he decides to move on.

(Reporting By Alessandra Prentice; editing by Steve Addison/Maria Golovnina)

Celebrity News Headlines – Yahoo! News

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Recipes for Health: Cabbage, Onion and Millet Kugel — Recipes for Health

Andrew Scrivani for The New York Times

Light, nutty millet combines beautifully with the sweet, tender cabbage and onions in this kugel. I wouldn’t hesitate to serve this as a main dish.

 

1/2 medium head cabbage (1 1/2 pounds), cored and cut in thin strips

Salt to taste

2 tablespoons extra virgin olive oil

1 medium onion, finely chopped

1/4 cup chopped fresh dill

Freshly ground pepper

1 cup low-fat cottage cheese

2 eggs

2 cups cooked millet

 

1. Preheat the oven to 375 degrees. Oil a 2-quart baking dish. Toss the cabbage with salt to taste and let it sit for 10 minutes.

2. Meanwhile, heat 1 tablespoon of the oil over medium heat in a large, heavy skillet and add the onion. Cook, stirring, until it begins to soften, about 3 minutes, then add a generous pinch of salt and turn the heat to medium-low. Cook, stirring often, until the onion is soft and beginning to color, about 10 minutes. Add the cabbage, turn the heat to medium, and cook, stirring often, until the cabbage is quite tender and fragrant, 10 to 15 minutes. Stir in the dill, taste and adjust salt, and add pepper to taste. Transfer to a large bowl.

3. In a food processor fitted with the steel blade, purée the cottage cheese until smooth. Add the eggs and process until the mixture is smooth. Add salt (I suggest about 1/2 teaspoon) and pepper and mix together. Scrape into the bowl with the cabbage. Add the millet and stir everything together. Scrape into the oiled baking dish. Drizzle the remaining oil over the top and place in the oven.

4. Bake for about 40 minutes, until the sides are nicely browned and the top is beginning to color. Remove from the oven and allow to cool for at least 15 minutes before serving. Serve warm or at room temperature, cut into squares or wedges.

Yield: 6 servings.

Advance preparation: The cooked millet will keep in the refrigerator for 3 to 4 days and freezes well. The kugel will keep for 3 days in the refrigerator. Reheat in a medium oven.

Nutritional information per serving (6 servings): 195 calories; 7 grams fat; 1 gram saturated fat; 1 gram polyunsaturated fat; 4 grams monounsaturated fat; 64 milligrams cholesterol; 23 grams carbohydrates; 4 grams dietary fiber; 148 milligrams sodium (does not include salt to taste); 10 grams protein

Martha Rose Shulman is the author of “The Very Best of Recipes for Health.”

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McDonald's sales drop, first time since 2003

McDonald's Corp. says a key sales figure fell in October, marking the first monthly drop in nearly a decade for the world's biggest hamburger chain.

The company, based in Oak Brook, says global revenue at restaurants open at least 13 months fell 1.8 percent for the month. The last time it dropped was in 2003.

The figure is a key metric because it strips out the impact of newly opened and closed locations. The figures are a snapshot of money spent on food at both company-owned and franchised restaurants. They do not reflect corporate revenue.

The fast-food chain says the figure fell 2.2 percent in both the U.S. and Europe. In the region encompassing Asia, the Middle East and Africa, it dropped 2.4 percent.

After years of outperforming its rivals, McDonald's has seen sales slow recently amid intensifying competition and a persistently weak economy. To rev up sales, the company has been working to emphasize value in markets around the world.

In the U.S., for example, McDonald's is stepping up advertising for its Dollar Menu after its attempt to market an "Extra Value Menu" for slightly higher prices fell flat. But the company said Thursday that the efforts were offset by "modest consumer demand" and competition.

In particular, McDonald's is facing stiffer competition from longtime rivals Burger King and Wendy's, which are both in the midst of reviving their brands with new ad campaigns and improved menus. Taco Bell, owned by Yum Brands Inc., is also enjoying growth with the help of new offerings such as it Doritos Locos Tacos and higher-end Cantina Bell bowls and burritos.

Additionally, people are increasingly flocking to restaurants such as Chipotle Mexican Grill Inc. and Panera Bread Co., which offer better quality food for a little more money. Still, McDonald's said it would remain focused on underscoring its value message in the U.S.

The same was true for Europe, where McDonald's gets 40 percent of its business. Amid the region's ongoing economic uncertainty, McDonald's said it would offer new meal combinations at various price ranges and continue remodeling restaurants.

In the Asia, the company said it plans to differentiate itself with menu offerings tailored to local tastes.

McDonald's shares were down 61 cents at $86.23 in premarket trading. CEO Don Thompson had warned last month that sales were trending negative for the month.

MCD Net Income Quarterly data by YCharts

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'THE BEST IS YET TO COME': OBAMA IN VICTORY SPEECH

His lease renewed in trying economic times, President Barack Obama claimed a second term from an incredibly divided electorate and immediately braced for daunting challenges and progress that comes only in fits and starts.

"We have fought our way back and we know in our hearts that for the United States of America, the best is yet to come," Obama said.

The same voters who gave Obama four more years in office also elected a divided Congress, sticking with the dynamic that has made it so hard for the president to advance his agenda. Democrats retained control of the Senate; Republicans kept their House majority.

It was a sweet victory for Obama, but nothing like the jubilant celebration of four years earlier, when his hope-and-change election as the nation's first black president captivated the world. This time, Obama ground out his win with a stay-the-course pitch that essentially boiled down to a plea for more time to make things right and a hope that Congress will be more accommodating than in the past.

The vanquished Republican, Mitt Romney, tried to set a more conciliatory tone on the way off the stage.

"At a time like this, we can't risk partisan bickering," Romney said after a campaign filled with it. "Our leaders have to reach across the aisle to do the people's work."

House Speaker John Boehner spoke of a dual mandate, saying, "If there is a mandate, it is a mandate for both parties to find common ground and take steps together to help our economy grow and create jobs."

Senate Republican Leader Mitch McConnell had a more harsh assessment.

"The voters have not endorsed the failures or excesses of the president's first term," McConnell said. "They have simply given him more time to finish the job they asked him to do together" with a balanced Congress.

Obama strong in battleground states

Obama claimed a commanding electoral mandate — at least 303 electoral votes to 206 for Romney — and had a near-sweep of the nine most hotly contested battleground states.

But the close breakdown in the popular vote showed Americans' differences over how best to meet the nation's challenges. With more than 90 percent of precincts reporting, the popular vote went 50 percent for Obama to 48.4 percent for Romney, the businessman-turned-politician who had argued that Obama had failed to turn around the economy and said it was time for a new approach keyed to lower taxes and a less intrusive government.

Obama's re-election assured certainty on some fronts: His signature health-care overhaul will endure, as will the Wall Street reforms enacted after the economic meltdown. The drawdown of troops in Afghanistan will continue apace. And with an aging Supreme Court, the president is likely to have at least one more nomination to the high court.

The challenges immediately ahead for the 44th president are all too familiar: an economy still baby-stepping its way toward full health, 23 million Americans still out of work or in search of better jobs, civil war in Syria, an ominous standoff over Iran's nuclear program, and more.

Sharp differences with Republicans in Congress on taxes, spending, deficit reduction, immigration and more await.

And even before Obama gets to his second inaugural on Jan. 20, he must grapple with the threatened "fiscal cliff" — a combination of automatic tax increases and steep across-the-board spending cuts that are set to take effect in January if Washington doesn't quickly come up with a workaround budget deal. Economists have warned the economy could tip back into recession absent a deal.

Despite long lines at polls in many places, turnout overall looked to be down from four years ago as the president pieced together a winning coalition of women, young people, minorities and lower-income voters that reflected the country's changing demographics. Obama's superior ground organization in the battleground states was key to his success.

'You have made me a better president'

The president's victory speech — he'd written a concession, too, just in case — reflected the realities of the rough road ahead.

"By itself the recognition that we have common hopes and dreams won't end all the gridlock, or solve all our problems or substitute for the painstaking work of building consensus and making the difficult compromises needed to move this country forward," Obama said.

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Move over, Obama; Twitter had a big night too

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CBS’s ‘Elementary’ gets prized post-Super Bowl slot

LOS ANGELES (TheWrap.com) – CBS’s freshman Sherlock Holmes drama “Elementary” will get a big boost in February, when it airs following Super Bowl XLVII, the network said Monday.

The series, which stars Jonny Lee Miller and Lucy Liu, delivers a modern-day take on the Sherlock Holmes saga, with both the detective and his sidekick Watson living in contemporary New York.

The special episode will air Sunday, February 3 at 10 p.m. ET/7 p.m. PT, following the network’s post-game coverage.

The series, which also stars Aidan Quinn, has already proven to be a hit for the network, regularly winning its Thursday at 10 p.m. timeslot. “Elementary,” which premiered September 27, has averaged a 3.5 rating/10 share in the advertiser-cherished 18-49 demographic, and 14.2 million total viewers.

Even so, the exposure that a post-Super Bowl slot provides certainly can’t hurt. The second-season premiere of NBC‘s “The Voice” after the Super Bowl, meanwhile, scored the highest ratings of any entertainment telecast since 2006.

“The Voice” scored a 16.3 rating in the key demo and 37.6 million total viewers overall. It was the best rating since a 16.5 for “Grey’s Anatomy” after the Super Bowl on ABC in 2006, and provided a welcome boost for fourth-place network NBC. The show was up 47 percent in the demo and 40 percent in total viewers over the episode of “Glee” that aired after the Super Bowl on Fox last year. (“Glee” scored an 11.1 and 26.8 million total viewers.)

The ratings victory gave “The Voice” a huge start to its second season. It spent much of 2011-12 neck-in-neck with the Wednesday night edition of “American Idol” to be the highest-rated show on television after “Sunday Night Football.” “Idol” ultimately beat “The Voice” on Wednesdays, but just barely.

The Super Bowl is typically the most-watched program of the year, and this year’s game set a record as the most-watched television program in U.S. history, with 111.3 million total viewers.

TV News Headlines – Yahoo! News

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Recipes for Health: Sweet Millet Kugel — Recipes for Health

Andrew Scrivani for The New York Times

Millet, a light, fluffy gluten-free grain that is a good source of magnesium, manganese and phosphorus, lends itself beautifully to both sweet and savory kugels. In fact, this kugel turned me into a millet convert.

 

2/3 cup millet

2 tablespoons unsalted butter

2 cups water

Salt to taste

1 cup cottage cheese

3 eggs

1/4 cup low-fat milk

1/4 cup mild honey or agave nectar

1 teaspoon vanilla extract

1/4 teaspoon freshly grated nutmeg

1/2 cup (3 ounces) diced dried apricots

1/2 cup (3 ounces) raisins (or omit and use all apricots)

Finely grated zest of 1 lemon

 

1. Heat 1 tablespoon of the butter or oil over medium-high heat in a heavy 2- or 3-quart saucepan. Meanwhile, bring the water to a simmer in another saucepan or in the microwave. Add the millet to the heavy saucepan and toast, stirring, until it begins to smell fragrant and toasty, about 5 minutes. Add the boiling water and salt to taste, and bring back to a boil. Reduce the heat to low, cover and simmer 25 to 30 minutes, until the liquid in the saucepan has evaporated and the grains are fluffy. Transfer to a large bowl.

2. Preheat the oven to 350 degrees. Butter a 2-quart baking dish. In a food processor fitted with the steel blade, blend the cottage cheese until smooth. Add the milk, eggs, vanilla and nutmeg and blend until smooth. Scrape into the bowl with the millet.

3. Stir together the millet and cottage cheese mixture. Stir in the apricots, raisins and lemon zest. Scrape into the prepared baking dish. Cut the remaining butter into small pieces and dot the top of the kugel with them. Bake 40 to 50 minutes, until the kugel is set and beginning to color on the top.

4. Remove from the heat and allow to cool for at least 15 minutes (longer if possible) before serving. Serve warm or at room temperature.

Yield: 6 to 8 servings.

Advance preparation: This will keep for 3 or 4 days in the refrigerator. It’s best if you warm it up, either in a low oven or in the microwave.

Nutritional information per serving (6 servings): 306 calories; 8 grams fat; 4 grams saturated fat; 1 gram polyunsaturated fat; 2 grams monounsaturated fat; 105 milligrams cholesterol; 50 grams carbohydrates; 4 grams dietary fiber; 149 milligrams sodium (does not include salt to taste); 12 grams protein

Nutritional information per serving (8 servings): 229 calories; 6 grams fat; 3 grams saturated fat; 1 gram polyunsaturated fat; 2 grams monounsaturated fat; 79 milligrams cholesterol; 37 grams carbohydrates; 3 grams dietary fiber; 112 milligrams sodium (does not include salt to taste); 9 grams protein

Martha Rose Shulman is the author of “The Very Best of Recipes for Health.”

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U.S. Cellular exiting Chicago market

U.S. Cellular said it intends to close its retail stores here after a transition period. (U.S. Cellular / November 7, 2012)

Tribune staff report

6:58 a.m. CST, November 7, 2012

U.S. Cellular said it is selling its Chicago, St. Louis and central Illinois markets, as well as three others in the Midwest, to subsidiaries of Sprint Nextel Corp. in a $480 million deal.

The sale includes PCS spectrum and approximately 585,000 customers, or about 10 percent of U.S. Cellular’s total customer base.   

Upon completion of a transition period, the majority of the company’s retail stores, engineering and business support in these markets will be closed, the company said. The Chicago-based company said it will transition its Bolingbrook customer call center operations to an existing vendor partner, effective Jan. 1.

However, U.S. Cellular said it will continue to have more than 1,400 associates in the Chicago area at its Chicago headquarters and additional facilities in the surrounding suburbs.

U.S. Cellular hopes the sale will allow it to increase focus on markets where it has strong positions and streamline operations to increase overall efficiency and effectiveness, according to a statement released Wednesday morning.
 
“Our customer-focused business model is possible because of the dedication of our passionate associates,” U.S. Cellular CEO Mary Dillon said in a statement. “Given how these decisions affect associates, they were not taken lightly."

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Heated fight for presidency goes to voters

President Obama and Republican challenger Mitt Romney both made their final pitch to voters in the last hours before election day. President Obama spoke in Iowa. Romney spoke in New Hampshire.

Two fierce competitors who've given their all, President Barack Obama and Republican Mitt Romney now yield center stage to voters Tuesday for an Election Day choice that will frame the contours of government and the nation for years to come.

After a grinding presidential campaign that packed suspense to the finish, Americans head into polling places in sleepy hollows, bustling cities and superstorm-ravaged beach towns deeply divided. All sides are awaiting, in particular, a verdict from the nine battleground states whose votes will determine which man can piece together the 270 electoral votes needed for victory.

Obama has more options for getting there. So Romney decided to make a late dash to Cleveland and Pittsburgh on Tuesday while running mate Paul Ryan threw in stops in Cleveland and Richmond, Va. Obama opted to make a dozen radio and satellite TV interviews from his hometown of Chicago to keep his closing arguments fresh in voters' minds.

"I feel optimistic but only cautiously optimistic," Obama said on "The Steve Harvey Morning Show." ''Because until people actually show up at the polls and cast their ballot, the rest of this stuff is all just speculation."

Romney also reached out on Ohio drive-time radio, where he said told voters to remember as they go to the polls that the country is hurting financially under Obama's policies. "If it comes down to economics and jobs, this is an election I should win," Romney told Cleveland station WTAM.

Vice President Joe Biden and his wife, Jill Biden, were among the first voters Tuesday in at a polling place in Greenville, Del., Biden's home state. Smiling broadly, Biden waited in line with the other voters and greeted them with a handshake. Outside he sent a message to people across the country who may encounter crowded polling places. "I encourage you to stand in line as long as you have to," he told television cameras.

Both sides cast the Election Day choice as one with far-reaching repercussions for a nation still recovering from the biggest economic downturn since the Great Depression and at odds over how big a role government should play in solving the country's problems.

"It's a choice between two different visions for America," Obama declared in Madison, Wis., on Monday asking voters to let him complete work on the economic turnaround that began in his first term. "It's a choice between returning to the top-down policies that crashed our economy, or a future that's built on providing opportunity to everybody and growing a strong middle class."

Romney argued that Obama had his chance and blew it.

"The president thinks more government is the answer," he said in Sanford, Fla. "No, Mr. President, more jobs, that's the answer for America."

With both sides keeping up the onslaught of political ads in battleground states right into Election Day, on one thing, at least, there was broad agreement: "I am ready for it to be over," said nurse Jennifer Walker in Columbus, Ohio.

It wasn't just the presidency at stake Tuesday: Every House seat, a third of the Senate and 11 governorships were on the line, along with state ballot proposals on topics ranging from gay marriage and casino gambling to repealing the death penalty and legalizing marijuana. Democrats were defending their majority in the Senate, and Republicans doing likewise in the House, raising the prospect of continued partisan wrangling in the years ahead no matter who might be president.

If past elections are any guide, a small but significant percentage of voters won't decide which presidential candidate they're voting for until Tuesday. Four percent of voters reported making up their minds on Election Day in 2008, and the figure was 5 percent four years earlier, according to exit polls. In Washington Lee High School in Arlington, Va., hundreds of voters were in line shortly after the polls opened at 6 a.m. and had to wait over an hour to cast their ballot.

By contrast, Election Day came early for more than a third of Americans, who chose to cast ballots days or even weeks in advance.

An estimated 46 million ballots, or 35 percent of the 133 million expected to be cast, were projected to be early ballots, according to Michael McDonald, an early voting expert at George Mason University who tallies voting statistics for the United States Elections Project. None of those ballots were being counted until Tuesday.

The two candidates and their running mates, propelled by adrenalin, throat lozenges and a determination to look back with no regrets, stormed through eight battleground states and logged more than 6,000 flight miles Monday on their final full day of campaigning, a political marathon featuring urgency, humor and celebrity.

Obama's final campaign rally, Monday night in Des Moines, Iowa, was filled with nostalgia. A single tear streamed down Obama's face during his remarks, though it was hard to tell whether it was from emotion or the bitter cold.

Team Obama's closing lineup included Bruce Springsteen, rapper Jay-Z, singers Mariah Carey, Ricky Martin and John Mellencamp, the NBA's Derek Fisher and actors Samuel L. Jackson and Chris Rock. Springsteen, who hitched a ride aboard Air Force One for part of the day, even composed an anthem for the president, rhyming "Obama" with "pajamas."

"Not the best I've ever written," the rocker confessed.

Obama, making his last run for office at the still-young age of 51, was tickled to have Springsteen along as his traveling campaign, telling the crowd in Madison, "I get to fly around with him on the last day that I will ever campaign — so that's not a bad way to end things."

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