Kings' Stanley Cup Saturday highlighted by banner raising













Kings and the banner


The Kings and their fans watch the Stanley Cup banner get hoisted to the rafters before their season-opening game against the Chicago Blackhawks on Saturday at Staples Center.
(Wally Skalij / Los Angeles Times / January 19, 2013)





































































Seconding the Stanley Cup emotion ...


Harnessed for more than seven months, Kings fans were able to unleash those feelings Saturday with the raising of the Stanley Cup banner at Staples Center.


Hall of Fame announcer Bob Miller was the master of ceremonies and started off the proceedings with the line: “Welcome to Championship Saturday … the day you’ve been waiting for.”





The banner was raised at 12:22 p.m., slowly going up into the rafters with the Kings players on the ice tipping their heads back to watch the slow progression. 


Involved in the proceedings were former Kings Rogie Vachon and Marcel Dionne, as well as three members of the Greene family from Newtown, Conn., honoring the memory of their daughter Ana Marquez-Greene.


Six-year-old Ana was among the victims of the shootings at Sandy Hook Elementary School. Her older brother, Isaiah, an 8-year-old youth hockey player, was on hand for the banner raising with his parents.


The Kings players also received their shiny Stanley Cup rings from Nancy Anschutz, the wife of team owner Phil Anschutz of AEG. Receiving the loudest rounds of applause were goaltender Jonathan Quick and Coach Darryl Sutter, who was rewarded with a contract extension earlier this week.


ALSO:


49ers' Michael Crabtree is focus of sexual assault case


Raiders reportedly hire Greg Olson as offensive coordinator


Manti Te'o talks to ESPN, says he was not part of girlfriend hoax






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Raspberry Pi creator says sequel unlikely in 2013







Raspberry Pi’s $ 35 Linux-based computer is a runaway success. Creator Eben Upton told ZDNet in a recent interview that his team thought they would sell 1,000 units when they were designing the mini PC, but sales have now topped 700,000. ”We honestly did think we would sell about 1,000, maybe 10,000 in our wildest dreams,” Upton said. “We thought we would make a small number and give them out to people who might want to come and read computer science at Cambridge.” On a slightly disappointing note to those hoping for an upgraded model in 2013, Upton said in the interview that the company has no plans to launch a sequel to the latest Raspberry Pi “Model B” this year.


[More from BGR: BlackBerry 10 browser smokes iOS 6 and Windows Phone 8 in comparison test [video]]






This article was originally published on BGR.com


Linux/Open Source News Headlines – Yahoo! News





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AP Source: Lady Gaga to perform at inaugural ball


WASHINGTON (AP) — Watch out Beyonce (bee-AHN'-say) and Katy Perry. There's another diva set to perform during the inauguration festivities — Lady Gaga.


A person familiar with the inauguration tells The Associated Press that the pop star will perform at Tuesday's ball for White House staffers. The source spoke on condition of anonymity because that person wasn't authorized to publicly reveal the information.


The staff ball is typically a private affair. During the last inauguration festivities, Jay-Z reportedly performed at it.


According to one attendee, Jay-Z rapped a riff on one of his hit songs, "99 Problems but George Bush Ain't One," to the delight of the throngs of young staffers who worked to elect Obama in 2008.


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Personal Health: That Loving Feeling Takes a Lot of Work

When people fall in love and decide to marry, the expectation is nearly always that love and marriage and the happiness they bring will last; as the vows say, till death do us part. Only the most cynical among us would think, walking down the aisle, that if things don’t work out, “We can always split.”

But the divorce rate in the United States is half the marriage rate, and that does not bode well for this cherished institution.

While some divorces are clearly justified by physical or emotional abuse, intolerable infidelity, addictive behavior or irreconcilable incompatibility, experts say many severed marriages seem to have just withered and died from a lack of effort to keep the embers of love alive.


Jane Brody speaks about love and marriage.



I say “embers” because the flame of love — the feelings that prompt people to forget all their troubles and fly down the street with wings on their feet — does not last very long, and cannot if lovers are ever to get anything done. The passion ignited by a new love inevitably cools and must mature into the caring, compassion and companionship that can sustain a long-lasting relationship.

Studies by Richard E. Lucas and colleagues at Michigan State University have shown that the happiness boost that occurs with marriage lasts only about two years, after which people revert to their former levels of happiness — or unhappiness.

Infatuation and passion have even shorter life spans, and must evolve into “companionate love, composed more of deep affection, connection and liking,” according to Sonja Lyubomirsky, a professor of psychology at the University of California, Riverside.

In her new book, “The Myths of Happiness,” Dr. Lyubomirsky describes a slew of research-tested actions and words that can do wonders to keep love alive.

She points out that the natural human tendency to become “habituated” to positive circumstances — to get so used to things that make us feel good that they no longer do — can be the death knell of marital happiness. Psychologists call it “hedonic adaptation”: things that thrill us tend to be short-lived.

So Dr. Lyubomirsky’s first suggestion is to adopt measures to avert, or at least slow down, the habituation that can lead to boredom and marital dissatisfaction. While her methods may seem obvious, many married couples forget to put them into practice.

Building Companionship

Steps to slow, prevent or counteract hedonic adaptation and rescue a so-so marriage should be taken long before the union is in trouble, Dr. Lyubomirsky urges. Her recommended strategies include making time to be together and talk, truly listening to each other, and expressing admiration and affection.

Dr. Lyubomirsky emphasizes “the importance of appreciation”: count your blessings and resist taking a spouse for granted. Routinely remind yourself and your partner of what you appreciate about the person and the marriage.

Also important is variety, which is innately stimulating and rewarding and “critical if we want to stave off adaptation,” the psychologist writes. Mix things up, be spontaneous, change how you do things with your partner to keep your relationship “fresh, meaningful and positive.”

Novelty is a powerful aphrodisiac that can also enhance the pleasures of marital sex. But Dr. Lyubomirsky admits that “science has uncovered precious little about how to sustain passionate love.” She likens its decline to growing up or growing old, “simply part of being human.”

Variety goes hand in hand with another tip: surprise. With time, partners tend to get to know each other all too well, and they can fall into routines that become stultifying. Shake it up. Try new activities, new places, new friends. Learn new skills together.

Although I’ve been a “water bug” my whole life, my husband could swim only as far as he could hold his breath. We were able to enjoy the water together when we both learned to kayak.

“A pat on the back, a squeeze of the hand, a hug, an arm around the shoulder — the science of touch suggests that it can save a so-so marriage,” Dr. Lyubomirsky writes. “Introducing more (nonsexual) touching and affection on a daily basis will go a long way in rekindling the warmth and tenderness.”

She suggests “increasing the amount of physical contact in your relationship by a set amount each week” within the comfort level of the spouses’ personalities, backgrounds and openness to nonsexual touch.

Positive Energy

A long-married friend recently told me that her husband said he missed being touched and hugged. And she wondered what the two of them would talk about when they became empty-nesters. Now is the time, dear friend, to work on a more mutually rewarding relationship if you want your marriage to last.

Support your partner’s values, goals and dreams, and greet his or her good news with interest and delight. My husband’s passion lay in writing for the musical theater. When his day job moved to a different city, I suggested that rather than looking for a new one, he pursue his dream. It never became monetarily rewarding, but his vocation fulfilled him and thrilled me. He left a legacy of marvelous lyrics for more than a dozen shows.

Even a marriage that has been marred by negative, angry or hurtful remarks can often be rescued by filling the home with words and actions that elicit positive emotions, psychology research has shown.

According to studies by Barbara L. Fredrickson, a social psychologist and professor at the University of North Carolina at Chapel Hill, a flourishing relationship needs three times as many positive emotions as negative ones. In her forthcoming book, “Love 2.0,” Dr. Fredrickson says that cultivating positive energy everyday “motivates us to reach out for a hug more often or share and inspiring or silly idea or image.”

Dr. Lyubomirsky reports that happily married couples average five positive verbal and emotional expressions toward one another for every negative expression, but “very unhappy couples display ratios of less than one to one.”

To help get your relationship on a happier track, the psychologist suggests keeping a diary of positive and negative events that occur between you and your partner, and striving to increase the ratio of positive to negative.

She suggests asking yourself each morning, “What can I do for five minutes today to make my partner’s life better?” The simplest acts, like sharing an amusing event, smiling, or being playful, can enhance marital happiness.


This post has been revised to reflect the following correction:

Correction: January 18, 2013

The Personal Health column on Tuesday, about making marriages last, misspelled the given name of a professor of psychology at the University of California, Riverside, who studies happiness. She is Sonja Lyubomirsky, not Sonya.

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Downtown L.A.'s edgy arts district is neighborhood in transition









When Gideon Kotzer set out to open a discount electronics store in the mid-1990s, he deliberately chose an old warehouse in the cultural middle of nowhere — the arts district of downtown Los Angeles, which charitably could be called sketchy.


Crazy Gideon's on Traction Avenue became an island of commerce in an area that saw little other retail activity beyond illegal drug sales. The store's remoteness in an otherwise unwelcoming warren of aging brick and concrete industrial buildings was central to Kotzer's business strategy.


"He bought that space with the mind-set that if people would drive to a desolate, faraway neighborhood, they wouldn't want to leave empty-handed," his son Daniel Kotzer said.








PHOTOS: A neighborhood in transition


Crazy Gideon's has closed, and its formerly shabby space in the 1917 structure is expected to open to the public again this year as an expansive brew pub serving house-made beer with meals. The upgrade is emblematic of changes going on throughout the arts district.


The neighborhood along the Los Angeles River east of downtown's Civic Center is drawing favorable comparisons to New York's meatpacking district, where trendy shops, restaurants, hotels and offices have taken over many industrial buildings that were strictly blue collar for decades.


The transformation has such momentum that some of the neighborhood's biggest supporters expect that it will be difficult to find artists in the arts district in another decade as gentrification drives up rents and pushes low-paid artists to cheaper locales.


But for now, the arts district is in a sweet spot of transition for many. Vegetable wholesalers and furniture makers share streets with top-flight restaurants and front-line technology and entertainment firms. Its walls sport elaborate murals — and foreboding razor wire.


"There are very rough patches," said architect Scott Johnson, who lives in a condominium on Industrial Street. "It's muscular. It's complicated. It's interesting."


Part of the appeal for Johnson, who lived in the meatpacking district in the late 1970s, is the roughness most suburbanites would find off-putting. He calls it "authenticity" in a time when "we're getting bombarded with fake stuff."


The spine of the arts district is Mateo Street, a truck-laden thoroughfare named after early landowner Matthew "Don Mateo" Keller. The district evolved from agricultural uses including Mateo's winery in the mid-1800s to being the city's industrial heart in the early 20th century.


One of the most ambitious private developments of that era was Union Terminal Annex, which was connected by rail to the city's seaport and was the second-largest wholesale terminal in the world. Two of the four large remaining buildings are occupied by clothing manufacturer American Apparel Inc., and the owners are improving and divvying up long-vacant remaining space for other business tenants including the makers of Splendid and Ella Moss apparel.


The advanced age of the neighborhood's buildings worked against the district in recent decades as businesses moved to more modern, efficient industrial properties elsewhere in the region. Those that remained often barricaded themselves behind tall gates and barbed wire as the area gained a reputation for crime and homelessness.


"There were drug addicts and prostitutes on the corner when we started," said restaurateur Yassmin Sarmadi, who began working on French bistro Church & State seven years ago. "Now limousines pull up on a regular basis."


Sarmadi opened her bistro in the former West Coast headquarters of National Biscuit Co., a seven-story factory built in 1925 that was renovated and converted to condos in 2006. She was attracted to the historic nature of the building, she said, and the fact that it was remote from the elite restaurant enclaves of the Westside.


"It was far more exciting for me to be in a place that wasn't already 'there,' so to speak," Sarmadi said.


She lives in the arts district and enjoys the company of artists who are neighbors, but knows that the march of prosperity will make it hard for some of them to stay. It may take 10 more years to become as affluent as once-lowly Venice, Sarmadi said, but gentrification will come.


"I think it's inevitable," she said. "It brings a tear to my eye, but it's also progress."


Guiding change is Tyler Stonebraker, who helps young businesses such as film and television production company Skunk set up shop in old warehouses and factories.


Stonebraker's real estate firm Creative Space caters to creative companies that consider nontraditional offices essential to their identities and part of their appeal to desirable workers in the millennial generation.





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Andrea Alarcon resigns powerful L.A. Board of Public Works post









Los Angeles Board of Public Works President Andrea Alarcon announced Friday that she is resigning from her post, and she apologized for what she described as "the missteps of my past."

Police have been investigating Alarcon, 33, on suspicion of child endangerment after her 11-year-old daughter was found unattended at City Hall on the night of Nov. 16. She also is facing separate child-endangerment and drunk-driving charges in San Bernardino County.

Alarcon, an appointee of Mayor Antonio Villaraigosa, did not mention either incident specifically in her announcement, saying instead that she had learned "difficult lessons."

"I understand and have prayed deeply on the gravity of my actions. I have profound regret for the missteps of my past and apologize to the Mayor, Council, Department of Public Works, the city family and the residents of Los Angeles," she said in a statement.


"I am grateful for the difficult lessons that I have learned and am now healthier and stronger," she said. "Through this experience, I have been reminded of my most important job -- being a mom. I look forward to the next chapter in my life dedicated to my family and my daughter. I ask that our privacy be respected as we continue to heal. It has been an honor and privilege to serve this great city."


Alarcon went on a leave of absence in the wake of the incident in November, saying she was seeking professional help.








Los Angeles County Dist. Atty. Jackie Lacey's office determined that the matter being investigated by the Los Angeles Police Department did not rise to the level of a felony and forwarded the case to City Atty. Carmen Trutanich. Trutanich's office said recently it would likely send the matter to state Atty. Gen. Kamala Harris because Alarcon, as a city employee, is a client.


Alarcon’s father, City Councilman Richard Alarcon, said his daughter did not receive a special severance package and was under no pressure from Villaraigosa to leave her $130,000-a-year post.


"As a father, it gives me pride to know when your kids make a misstep, they can recover," he said. "And as a father, I'm relieved that she's getting out of the glass house and I'm very excited about her future.”


Alarcon's last day of city employment is set for Wednesday.


Villaraigosa said in a statement that Alarcon was "tireless" in her work at the Board of Public Works, which handles such issues as trash pickup, street repair, sidewalk maintenance and sewer systems.

"I am encouraged by her commitment to addressing personal issues that have surfaced in recent months and know that she is already on a good path forward," the mayor said.





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In Which Actual Joe Biden and ‘Onion’ Joe Biden Pal Around on Reddit and Twitter






The Onion‘s brilliant creation, “Diamond” Joe Biden, stopped by Reddit, in character, for one of the site’s signature Ask Me Anything sessions on Friday afternoon. And, hey, look who asked something over Twitter just as the AMA began:



Q for @reddit AMA with my @theonion pal: A Trans-Am? Ever look under the hood of a Corvette? #imavetteguy –VP twitter.com/VP/status/2923…






— Office of VP Biden (@VP) January 18, 2013


So that happened, and it’s so beyond meta that our heads hurt. It confirms that the vice-president (or at least his office) is aware of his satirical alter-ego: the foul-mouthed, Trans-Am-driving, skirt-chaser known to hundreds of Onion articles. And, of course, “Diamond” Joe answered:


RELATED: The Real Joe Biden vs. The Onion’s Joe Biden: A Quiz


So why would Actual Joe Biden indulge the funniest incarnation of the Uncle Joe Biden whom the Internet loves so much? Maybe he thinks he’s funny! After all, Actual Joe Biden is pretty funny himself, and “Diamond” Joe’s answers on Reddit this afternoon didn’t disappoint. Some highlights:


RELATED: The Gingriches Endorse Meryl Streep; Alec Baldwin’s Mayoral Two-Step


And another:


RELATED: How Joe Biden Stages Those Average-Joe Pictures… in Pictures


8eade  4f2570aadcda87ffa174c9e396a9a743 640x138 In Which Actual Joe Biden and Onion Joe Biden Pal Around on Reddit and Twitter


One more:


8eade  d8f4bc9006a58d7fb7023f4b958f4ba5 640x137 In Which Actual Joe Biden and Onion Joe Biden Pal Around on Reddit and Twitter


And, yes, there’s a theme here:


8eade  95a4b46ca936267d4f43e3122923cd2d 640x188 In Which Actual Joe Biden and Onion Joe Biden Pal Around on Reddit and Twitter


Social Media News Headlines – Yahoo! News




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Winfrey's Armstrong interview seen by 3.2 million


NEW YORK (AP) — Oprah Winfrey's interview with Lance Armstrong is more than an illustration of a hero athlete tumbling from the heights. It's also a pivotal moment for a famous media figure trying to climb the ladder back up.


Winfrey's OWN network is showing signs of life after a rocky start, and the Armstrong interview offered a chance for many more viewers to check it out. The former Tour de France cyclist admitted to cheating with performance enhancing drugs throughout his career during the first half of the interview Thursday night.


That program was seen by a total of 4.3 million viewers in Thursday's back-to-back airings, OWN said Friday. But it drew only 3.2 million viewers in its first airing, an audience that fell short of OWN's most-viewed telecast: an interview Winfrey conducted with the Whitney Houston family last March following the singer's death the previous month.


The second half of the Armstrong interview is to air Friday night.


The interview "showcases the No. 1 asset this network has over everybody else — and that's Oprah Winfrey," said Erik Logan, co-president of the network with Sheri Solata. It also showcased about everything else; OWN relentlessly advertised its programming on just about every commercial break.


Winfrey, who hosts "Oprah's Master Class," ''Oprah's Life Class" and a weekly interview show on OWN, attended a real-life television management class over the past three years. The network launch at the dawn of 2011 came during the last season of Winfrey's popular syndicated show, and that proved to be a major strategic error.


The daily talk show gave Winfrey's fans their Oprah jolt, and they had little reason to watch the Oprah Winfrey Network. Winfrey wasn't much of a presence there, anyway. She was concentrating on making sure her syndicated show went out with a flourish.


OWN flailed for direction with little-noticed celebrity reality shows featuring the Judds and Ryan and Tatum O'Neal. A Rosie O'Donnell talk show was an expensive flop.


Discovery Communications, which sunk a reported $250 million into OWN, told Winfrey she needed to be more involved with OWN, on and off screen. In July 2011, she became CEO as well as chairwoman of OWN, replacing Christina Norman.


"The initial expectations for this network turned out to be unrealistic," said Brad Adgate, an analyst for Horizon Media. "Oprah wasn't on camera. The shows weren't all that good. The network got raked over the coals. People thought the network would be doing a million viewers (on average) and it's doing a third of that."


The Discovery networks save money by sharing services, yet OWN had set up its own fiefdom. That ended. Discovery brought in its executives to take over legal and business affairs, and OWN laid off one-fifth of its staff last March. To the outside world it looked like a sinking ship, while to Discovery the ship was being righted.


"We were always a lot more confident internally than it looked externally," said David Leavy, chief communications officer for Discovery.


Like all cable networks, OWN has a dual revenue stream with advertising income as well as payments from cable and satellite operators to carry it on their systems. In its early days, OWN was operating on fees negotiated for its predecessor network, Discovery Health. Now much larger fees negotiated specifically for OWN are kicking in, many of them at the first of this year. Discovery says OWN will turn profitable this year.


A network still needs viewers to sustain itself, and there are some signs of life there, too. OWN's prime-time audience averaged 310,000 in 2012, up 30 percent from 2011, the Nielsen company said. Isolate the last three months of each year and the increase is 61 percent, even more among the target of middle-aged women.


OWN is carving out a small niche where it hadn't expected.


The Saturday night lineup of "Welcome to Sweety Pie's," about former Ike and Tina Turner backup singer Robbie Montgomery's soul food restaurant that she operates with her family, and "Iyanla: Fix My Life," an advice show with inspirational speaker Iyanla Vanzant, represent the most successful non-Oprah shows. Another new program, "Six Little McGhees, which follows the life of an Ohio couple with sextuplets, is also on the Saturday lineup.


The shows have drawn an audience of African-American women put off by more youth-focused programming on networks like BET. OWN's audience is roughly one-third black.


OWN recently reached a deal to develop scripted programming with Tyler Perry, the creative force behind movies like "Madea's Family Reunion" and the TBS series "Tyler Perry's House of Payne."


Winfrey was known for attracting stars and confessions on her syndicated show — remember Tom Cruise's couch jump? And even before landing the Armstrong interview, Winfrey has delivered the goods as an interviewer on her Sunday night show, "Oprah's Next Chapter."


Her talk with David Letterman that aired earlier this month was one of the most remarkable interviews the reticent CBS host has ever given. Besides last year's interview with the Whitney Houston family, high-rated episodes of "Oprah's Next Chapter" have featured Rihanna, Usher, Pastor Joel Osteen, the Kardashians and Steven Tyler.


The Armstrong interview aired before the usual Sunday night time slot partly because it was considered newsworthy enough to rush, but also because Winfrey had scheduled and promoted a talk with Drew Barrymore for Sunday.


Considering many viewers still have to search to find the network on their cable system, that's a particularly strong lineup for OWN. She's more competitive with the much bigger broadcast networks than could have rightly been considered.


The impact of the Armstrong interview won't be known for a while, Logan said. Winfrey has called it the biggest interview of her career and it has already drawn more attention to OWN's content than anything else so far. Removing the stench of failure in itself would be a big step.


The interview could also help OWN reach the 20 million or so cable and satellite subscribers across the country that currently don't have it on their systems, Adgate said.


"They'll be calling their cable operators and saying, 'How come I'm not getting this?'" he said.


___


Television Writer Frazier Moore in New York contributed to this report.


___


EDITOR'S NOTE — David Bauder can be reached at dbauder(at)ap.org or on Twitter(at)dbauder.


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Flu Season ‘Worse Than Average,’ Officials Say





This year’s flu season is shaping up to be “worse than average and particularly bad for the elderly,” Dr. Thomas R. Frieden, the nation’s top federal disease-control official, said Friday.




But the season appears to have peaked, added Dr. Frieden, the director of the Centers for Disease Control and Prevention, with new cases declining over most of the nation except for the far West.


Spot shortages of flu vaccine and flu-fighting medicine are occurring, but that reflects uneven distribution, not a supply crisis, federal officials said. They urged people seeking flu shots to consult flu.gov and doctors to check preventinfluenza.org for suppliers.


Vaccine-makers will ultimately be able to deliver 145 million doses, 10 million more than projected earlier, the officials said. The Food and Drug Administration has allowed the maker of Tamiflu to release 2 million doses it had in storage.


The older Tamiflu is perfectly good, said Dr. Margaret A. Hamburg, the commissioner of the F.D.A., who joined Dr. Frieden on a telephone news conference. “It’s not outdated, it just has older labeling,” she said. “Repackaging it would take weeks,” she added, so her agency told the company not to bother.


Weekly recorded deaths from flu and pneumonia are still rising, and are well above the “epidemic” curve for the first time. But how severe a season ultimately proves depends on how long high weekly death rates persists. Flu deaths often aren’t recorded until March or April, well after new infections taper off.


Dr. Frieden said the season appeared to resemble the “moderately severe” season of 2003-2004, which also had an early start and was dominated by an H3N2 strain. In such seasons, 90 percent of all deaths occur among those over 65. Flu hospitalization rates are “quite high” now, Dr. Frieden said, and most of those hospitalized are elderly.


Last year’s flu season was unusually mild. At the end of the season last year, 34 children had died.


So far this year, the C.D.C.'s count of pediatric flu deaths, which includes premature infants and teenagers up to age 17 — has risen to 29, although this is acknowledged to be an undercount as it is only of lab-confirmed influenza cases reported to the agency.


Henry L. Niman, a flu-watcher who follows state death registries and news reports, counts about 40 pediatric deaths so far and predicted that the total would ultimately be close to the 153 of the 2003-04 season, but much less than in the 2009-2010 “swine flu” pandemic, when 282 children died. That flu was a strain never seen before and many more children caught it. The elderly had surprising resistance to getting it, presumably because similar flus that circulated 40 or more years ago had given them some immunity. But among those elderly who did catch it, the death rates were high.


Dr. Frieden suggested that the elderly avoid contact with sick children. “Having a grandparent baby-sit a sick child may not be a good idea,” he said.


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Wall Street clocks third straight week of gains









NEW YORK—





Better earnings from General Electric and Morgan Stanley helped the stock market inch higher Friday, as major indexes closed out their third straight week of gains.

GE led the 30 stocks in the Dow Jones industrial average after the conglomerate reported stronger quarterly earnings, thanks to orders from Brazil, Angola and other developing countries. Profits increased at all seven of its industrial segments, including oil and gas, energy management, aviation and transportation. GE climbed 74 cents to $22.04.

The Dow gained 53.68 points to end at 13,649.70.

The Standard & Poor's 500 index rose 5.04 points to 1,485.98, while the Nasdaq composite fell 1.30 points to 3,134.70.

Even though investors had plenty of news to digest, trading was largely quiet. “Earnings always matter,” said Rex Macey, the chief investment officer of Wilmington Trust Investment Advisors in Atlanta. “But just because we're in the middle of earnings season doesn't mean we're going to get huge market moves.”

This earnings season is off to a good start so far. Of the 67 companies in the S&P 500 that have reported, 43 have trumped analysts' estimates.

Solid results this week from JPMorgan Chase and others, along with encouraging news on housing and employment, pushed the S&P 500 index to its latest five-year high.

Morgan Stanley's earnings surged across its many business lines, as more companies hired the investment bank to help it raise money and line up mergers. Morgan Stanley gained 8 percent, rising $1.63 to $22.38.

Intel, the world's biggest chipmaker, said late Thursday that fourth-quarter net income fell 27 percent. A growing preference for smartphones and tablets, instead of personal computers and laptops powered by Intel chips, have made investors wary of the company's stock. It lost $1.43 to $21.25.

Norwegian Cruise Line soared 30 percent in its first day of trading, the top performance of the three companies making their public debut on Friday. Five companies raised a total of $1.8 billion through initial public offerings this week, making it the best week for IPOs since early October, according to the data provider Ipreo.

American Express fell 96 cents to $59.78. Hefty charges tied to the credit card issuer's plan to cut jobs and reorganize some business lines hurt results, and revenue fell short of estimates.

Analysts forecast that companies in the S&P 500 will report a 4 percent increase in fourth-quarter earnings over the same period the year before, according to a report out Friday from S&P Capital IQ. They say banks and other financial firms should have the strongest profit growth of any industry. Technology companies like Intel are expected to struggle.

Among other companies in the news:

— Capital One lost 7 percent after reporting revenue and earnings that fell short of analysts' estimates. The bank and credit-card company also lowered its forecast for revenue in the months to come, and many brokerages quickly responded by cutting their outlook for the company's stock. Capital One sank $4.60 to $56.99.

— Life Technologies, a maker of genetic testing equipment, soared 11 percent following reports that it's considering putting itself up for sale. The company's board said it has hired Deutsche Bank Securities and the investment bank Moelis & Co. Life Technologies' stock jumped $5.82 to $60.79.

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