Michelle Obama on Inauguration President Barack Obama

ET's Rocsi Diaz sat down first with First Lady Michelle Obama at the Kids' Inaugural Concert to discuss a variety of topics from her new hairstyle and birthday celebration to Lance Armstrong.

RELATED: Actors Who've Played Presidents

Mrs. Obama debuted her shoulder-length bob with eye-level bangs via Twitter on her birthday, Thursday, January 17, and she told Rocsi that Dr. Jill Biden may have had an influence on her.

"I've been coveting [Dr. Biden's] bangs for four years," joked Mrs. Obama, quipping that they're "the bang sisters." She also revealed that husband President Barack Obama gave her a "beautiful necklace" as a recent birthday gift.

On the topic of Lance Armstrong's interview with Oprah in which he admits to doping, Mrs. Obama said, "I didn't even get a chance to see it. It's a sad situation for everyone who's watching ... I think we have to remember all the people that have been helped and who will continue to need the help of [The Livestrong Foundation]. We should focus on making sure that cancer survivors and people dealing with the disease have the kind of support, medical and research, that they need to deal with the situation. We can't lose sight of that accomplishment."

Rocsi will present at tonight's Kids' Inaugural, which marks the latest efforts by the First Lady and Dr. Jill Biden's Joining Forces initiative to urge Americans to support our troops, and our Gold Star and Blue Star families.

The First Lady described the event in a video message, explaining that it's about "celebrating who we are as Americans and the people who make our country great -- our men and women in uniform, our military spouses, and our amazing military kids. So it's no surprise that when Jill and I decided to host this event, everyone wanted to join us -- from Katy Perry to Glee, from Nick Cannon to Usher. They know that military kids serve this country right alongside their moms and dads, and we’re really looking forward to celebrating our military families this weekend."

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The ungodly gross-out epic H’wood’s A-list wants to forget

You’d think a movie starring Hugh Jackman, Kate Winslet, Naomi Watts, Halle Berry, Richard Gere, Liev Schreiber, Uma Thurman, Emma Stone, Jason Sudeikis, Elizabeth Banks and Terrence Howard — just to name a few — would have a prestigious December release date, a splashy premiere and a shot at the Oscars.

So why is “Movie 43” getting dumped — quickly and quietly — in theaters this Friday?

“The studio is not hiding it,” says producer Peter Farrelly. “We knew it would have to find its audience, and believe me, it will.”

Even if half of Hollywood is running the other way.

“Movie 43” was 10 years in the making. It’s the brainchild of Farrelly’s longtime producing partner Charlie Wessler, who wanted to make a “Kentucky Fried Movie” for the modern age.

No studio would touch it. Nor would a certain segment of the A-list: Farrelly says that when he approached George Clooney about playing himself in a sketch (the gag: George Clooney is bad at picking up women), Clooney told him, “No f--king way.”

None of the stars has promoted the film on talk shows or in magazines — which only generates more curiosity about what may the weirdest theatrical release ever.

Judging from the trailer, it’s not hard to see why most of the cast is keeping their distance. A loose assemblage of self-contained comedy sketches, “Movie 43” features Anna Faris as a young woman asking her boyfriend “Will you poop on me?”; Berry shoving her breasts in a bowl of guacamole; Jackman and Winslet on a first date, with Winslet distracted by the balls hanging from Jackman’s chin; Stone and Kieran Culkin fighting over who gave whom STDs; Gerard Butler as a leprechaun who threatens to cut off Johnny Knoxville’s “balls and feed ’em to ya!”

“I just want to reinforce that the movie wasn’t an attempt to shock,” says producer John Penotti. They did, after all, cut a sketch about necrophilia.

“That’ll be on the DVD,” Wessler says.

Initially, Trey Parker and Matt Stone — creators of “South Park” and “The Book of Mormon” — were involved, but they dropped out. So did the famed Zucker brothers (“Kentucky Fried Movie,” “Airplane!”).

“I pitched this thing to every studio,” Wessler says. “Every executive. Nannies at parties.”

Farrelly remained the biggest name on the project; in the mid-’90s, he and brother Bobby were responsible for hits such as “Dumb & Dumber,” “Kingpin” and “There’s Something About Mary.”

The $6 million budget was funded by Relativity Media, which is also distributing the film. Other potential backers, Farrelly says, “didn’t believe it could happen — a movie with Kate Winslet for $6 million.”

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Investors await word from Apple

No company today elicits such devotion and dedication among its customers and shareholders like Apple. The fervor felt by Apple fans for its products, its leaders and its business underscore the company’s technological eco-centric strategy. While that loyalty has made for rich rewards over the long term, it will mean very little to a myopic stock market when Apple reports its latest financial results Wednesday.

When a company so dominates a business like Apple does, it is subject to plenty of rumors, especially when that company, like Apple, is disciplined to not respond to speculation. There have been a series of anonymous and Wall Street analyst worries floated in the past quarter centered on the iPhone 5. First were concerns Apple couldn’t get enough supplies to build the phones fast enough. Then there were hints Apple cut its supply orders, suggesting slower sales.

Apple optimists have been quick to defend the company even as its stock has fallen from $700 to around $500 per share since September. The stock drop has come even as Apple probably sold a record number of iPhones and iPads during the holiday quarter.

No doubt Apple will trumpet its financial prowess on Wednesday. And it should. After all it generates more than $500 million dollars a day. But the short-sighted stock market has been conditioned to expect big numbers. Therein is the challenge for Apple: incubating such devotion without inflating expectations.

Tom Hudson is anchor and managing editor of Nightly Business Report, produced by NBR Worldwide and distributed nationally by American Public Television. In South Florida, the show is broadcast at 7 p.m. weekdays on Channel 2. Follow him on Twitter, @HudsonNBR.

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King’s son brings message to South Florida

The past few days have kept the eldest son of Dr. Martin Luther King Jr. busy. He’s been to at least three states to carry on his father’s message: ending violence and learning from historical wrongs.

In a Fort Lauderdale Baptist church early Friday, he delivered another directive:

“A nation is judged on how we treat our most prized possession,” Martin Luther King III said. “And our most precious resource, I think, is our children.”

King served as the keynote speaker at the ninth annual Martin Luther King Jr. inspirational breakfast hosted by the YMCA of Broward County.

More than 500 gathered inside the First Baptist Church on Broward Boulevard, selling out the $2,500 per table event, to honor King’s legacy.

“My concern was that it would not be reduced to a day of relaxation,” said King III. “We have to look at this as a day on — not a day off.”

The Rev. King, a prominent civil rights leader, was born this week 84 years ago. He lead peaceful protests and bus strikes working for racial equality until his 1968 assassination.

The younger King told the South Florida audience about spending his youth at the local YMCA in Birmingham, learning to swim and working out with his dad.

“Those were wonderful experiences, experiences that I will never forget,” he said.

Like his father, King III has been a fighter for human rights, justice and non-violence in the United States and abroad. He also served as the Southern Christian Leadership Conference’s president, a position his father once held.

During his 2009 inauguration, President Barack Obama declared the holiday honoring King should be spent as a national day of service.

At Friday’s event, 15 youngsters from the Lauderhill YMCA were honored for their service to the community. The young friends managed to clean up a popular overpass and get rid of gangs who were harassing children.

They called their project “Own the Overpath.” The idea started when 14-year-old Kervens Jean-Louis was attacked by a gang on a fenced in walkway that spans the Florida Turnpike while coming from the YMCA, based at Boyd Anderson High School. But Jean-Louis didn’t back down.

He and other students mobilized and launched a campaign to clean-up the area surrounding the “overpath.” The youngsters made a formal presentation to the Lauderhill City Commission and Florida Department of Transportation officials.

Now, there is a $400,000 project in the works to install more lights on the bridge to increase visibility. The city broke ground in November.

“I learned that when you speak out loud it makes a difference,” said Jean-Louis.

For Jean-Louis, speaking loud meant going back to the bridge to warn others of the dangers of traveling across it at night.

He will spend this upcoming Saturday as a volunteer, painting and cleaning up a garden.

“Now I tell others what’s going on and how they can help out,” he said, much like the man they had all come to honor.

After the youngsters were honored, King III left the crowd to ponder a final thought: “We can either be a thermometer or a thermostat.”

A thermometer, he explained, takes the temperature while a thermostat regulates the temperature.

Despite the progress his father saw in his lifetime, and the decades since his death, there is still much work to be done, King III said.

“I always come with a heavy heart in January,” he said. “Because we have not fully realized the dream.”

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Twitter co-founders move Obvious Corp into spacious new digs

SAN FRANCISCO (Reuters) – Evan Williams and Biz Stone, the co-founders of Twitter, have leased three sprawling floors in a historic downtown San Francisco tower for their low-profile start-up incubator, The Obvious Corporation.

Obvious said Friday it leased 75,000 square feet at the busy 760 Market Street location – known as the Phelan Building – in one of the city’s larger commercial real estate deals in recent months.

The downtown space will be able to hold roughly 500 employees and signals ambitions at Obvious, which was re-constituted when Williams and Stone both left Twitter in 2011.

The incubator, with no more than two dozen employees, has mostly stayed out of the press except when it unveiled two new blogging platforms called Medium and Branch last September.

Although still thinly staffed, Obvious’s new space is larger than start-up Pinterest’s recently inked lease in the city.

“We need the right space from which to grow the Medium team and position Obvious to focus on bringing our new ideas to life,” Obvious CEO Williams said in a statement Friday about the new lease.

The company will occupy the seventh, eighth and ninth floors of the triangular building, which wraps around a central courtyard, said Jenny Haeg, a real estate agent who has brokered leases for Square Inc, Dropbox, Airbnb and other large tech startups.

(Reporting by Gerry Shih; Editing by Bob Burgdorfer)

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Drew Barrymore on Oprah's Next Chapter

Drew Barrymore opens up about her complicated childhood and the lessons she's learned when it comes to being a new mother on Oprah's Next Chapter, and we have a sneak peek!

Pics: Celebs and Their Cute Kids

Marking the first time cameras have ever been allowed inside her home, Drew also talks to Oprah about her new marriage to Will Kopelman, shares details about their newborn baby Olive, and reveals the story behind why her mother did not attend her wedding.

Related: Drew Barrymore's Daughter Olive Lands First Cover

Oprah's Next Chapter with Drew Barrymore airs Sunday at 9 pm ET/PT on OWN.

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An infantile spectacle

Rich Lowry

President Obama set a new standard for stupidly exploitative White House events by appearing onstage with children to unveil his gun-control proposals.

He quoted from the kids’ letters. He invoked their Solomonic authority: “Their voices should compel us to change.” He signed executive orders as they gazed on adoringly. He hugged and high-fived them.

No doubt every parent thinks his or her little Johnny or Sally is the next James Q. Wilson. That doesn’t make it so. Some of the wisdom that the president shared from his adorable pen pals was, “[I] want everybody to be happy and safe,” and “I feel really bad.”

News flash: Kids don’t want bad things to happen. This would be a genuinely useful insight . . . if we could write public policy in crayon. The White House event smacked of the old unilateral disarmament campaigns of the 1980s when we were supposed to abolish nuclear weapons because they scared youngsters.

We can assume that the kids onstage with Obama don’t have a fine-grained sense of the limits of gun control or a proper regard for the Second Amendment. That’s OK, though — neither does he.

It can’t be said that using kids as props was beneath the gravity of occasion, since the occasion was all about feel-good PR and make-believe. For all the emphasis on stopping another Sandy Hook, Obama didn’t offer any gun-control proposals that would do it.

The president plugged for a universal background check. Adam Lanza’s mother, who owned the guns he used on his rampage, passed a background check. James Holmes, the Aurora, Colo., shooter, passed two background checks. So did the Virginia Tech shooter (although he shouldn’t have).

The president wants a new assault-weapons ban. He told of how another school shooting happened in California while networks were broadcasting a Joe Biden news conference about his task force. He didn’t mention that the shooter used a shotgun, not an assault weapon. He could have said that there was yet another recent shooting at a Kentucky community college. The shooter used a semiautomatic pistol.

During his remarks introducing the president, Biden invoked Colin Goddard, a survivor of the Virginia Tech shooting in the audience. Seung-Hui Cho shot him four times. Not with an assault weapon. Cho perpetrated the worst school shooting in U.S. history with a semiautomatic pistol.

The president called for a ban of magazines of more than 10 rounds (fewer than some guns have as a standard feature). This would have made a difference in Newtown only if you presume that Lanza, who knew his way around firearms, couldn’t have reloaded in the permissive environment of an elementary school without a guard.

Unfortunately, no one can write a law against mothers owning guns that one day might be turned against them by deranged sons who then commit horrific acts of murder-suicide. Shooting rampages are very hard to prevent because they are so often committed by disturbed young men without criminal records who don’t care if they are caught and usually want to die.

These are adult facts that don’t intrude on the childish world of White House policymaking. They must have eluded Biden in the course of his consultations with 229 different groups that just happened to result in recommendations from his task force that anyone could have predicted beforehand.

To justify any gun-control measure, no matter how ineffectual or symbolic, Biden talks of adopting an “if it saves one life” standard. If that really were the White House’s guiding principle — politics and the expense be damned — it would push massive stop-and-frisk crackdowns in the nation’s cities. It would take up the National Rifle Association’s proposal for armed guards at every school in America. But what it really wants is as much gun control as it can plausibly get in the aftermath of Newtown. As Rahm Emanuel might put it, never let a massacre go to waste.

There’s no reason for kids to see through it. Discerning adults should.

comments.lowry@nationalreview.com

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Norwegian Cruise Line launches strong IPO

Miami-based Norwegian Cruise Line joined its larger local competitors on Wall Street Friday in a strong debut.

Norwegian Cruise Line Holdings Ltd. raised nearly $447 million in an initial public offering of about 23.5 million shares and saw stocks sail 30 percent in trading.

Shares closed Friday afternoon at $24.79, up $5.79 from the $19 offering price set late Thursday night. That was above the range of $16-$18 that the company had expected.

“I think this was a classically beautiful IPO, albeit relatively small in terms of total dollars,” said Roderick McLeod, partner in the management consulting practice McLeod.Applebaum & Partners and a former cruise executive.

In regulatory filings, the company has said it plans to use proceeds from the IPO to reduce debt and pay expenses related to the offering. Norwegian is giving the underwriters a 30-day option to buy up to an additional 3.5 million shares.

Previously, the company was privately held in a partnership of Genting Hong Kong, with 50 percent of the cruise line, and private equity firms Apollo Management and TPG. Genting Hong Kong is a subsidiary of gambling and resort conglomerate Genting Group, which purchased the land currently occupied by The Miami Herald in 2011 for $236 million.

After the IPO, the three groups own a total of about 88 percent of the company’s ordinary shares.

Norwegian, with a fleet of 11 ships and three more on the way by the fall of 2015, has made its name by emphasizing a “freestyle” type of cruising that allows guests to choose from a variety of dining, entertainment and rooming options.

In an interview Friday morning, Norwegian Cruise Line President and CEO Kevin Sheehan said that the timing was right for the offering.

“It just seemed like a very logical time: We’re into 2013, we’ve got these beautiful new ships coming out soon and the marketplace is very excited about them,” he said. “The locomotive is moving and we’re at the tipping point with the brand.”

As the industry grows by just about 2.5 percent over the next five years, Sheehan said, Norwegian will grow capacity by more than 10 percent.

“It’s the double whammy,” he said. “Lower growth in the future with a phenomenal set of assets.”

He said the benefits of going public include raising capital, allowing the company to strengthen its balance sheet and putting it in the same playing field as its competitors. Carnival Corp., the world’s largest cruise ship company, and rival Royal Caribbean Cruises are both publicly traded. Carnival closed up about a percent at $38.58 Friday, while Royal Caribbean dropped just over a percent to $36.90.

“Now we’re out there and people can look at our results and the analysts can talk about us freely,” he said.

The launch capped years of attempts by Norwegian to go public, all abandoned for economic reasons.

Miami cruise expert Stewart Chiron, CEO of CruiseGuy.com, said the timing was good, with an industry performing well and a vastly improved company.

“I’m glad they finally got it done,” he said. “This was by far one of the important milestones that they wanted to cross.”

McLeod remembers an effort when he was president and chief operating officer at Norwegian that coincided with the stock market crash in October of 1987. He has also worked in senior positions at Royal Caribbean Cruises and Carnival Corp.

“I think we’ve all kind of known this was coming eventually and some of us have known it’s coming for 25 years,” McLeod said. “It’s never too late to do the right thing; this is the right thing for them to do.”

The move is smart, McLeod said, for several reasons.

“In addition to improving their leverage, reducing their debt, this expands their strategic options,” he said. “This is a currency, and that can work for them in lots of different ways.”

This report was supplemented with information from the Associated Press.

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Senator Marco Rubio swears in Miami-Dade commissioner Rebeca Sosa on Friday

Miami-Dade Commissioners Rebeca Sosa becomes Miami-Dade commission’s first Hispanic chairwoman when she is sworn in on Friday by U.S. Sen. Marco Rubio.

Also being sworn in is fellow commissioner Lynda Bell, who is now the vice chair. Miami-Dade County Judge Gladys Perez will swear in Bell

The installation ceremony will be at 11:30 a.m. ceremony at the commission chambers at the Stephen Clark Center, 111 NW First St.

Elected in 2001, Sosa represents District 6, which includes areas of Miami, Coral Gables, West Miami, Hialeah and Miami Springs, as well as unincorporated zones.

Sosa’s office explained the Florida Senator is doing the honors at the historic swearing in because the two are long-time friends.

Bell who was elected in 2010 represents District 8, which encompasses a significant area of southeastern Miami-Dade, including the municipalities of Palmetto Bay, Cutler Bay and Homestead with portions of Kendall an the Redlands.

Sosa and Bell were elected to two-year terms in November.

The installation ceremony is open to the public.

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Ex-Red Sox pitcher Schilling puts bloody sock up for auction after video game company collapse

PROVIDENCE, R.I. – Former Boston Red Sox pitcher Curt Schilling — whose video game company underwent a spectacular collapse into bankruptcy last year — is selling the blood-stained sock he wore during the 2004 World Series.

Chris Ivy, director of sports for Texas-based Heritage Auctions, says online bidding begins around Feb. 4. Live bidding will take place Feb. 23.

The sock previously had been on loan to the National Baseball Hall of Fame and Museum. It has been at Heritage’s Dallas headquarters for several weeks and will be displayed at the auction house’s Manhattan office before it is sold, according to Ivy.

He said the sock is expected to fetch at least $ 100,000, though he described that as a conservative estimate.

“I do expect the bidding to be very spirited,” Ivy said.

Schilling’s company, 38 Studios, was lured to Providence, R.I., from Massachusetts with a $ 75 million loan guarantee in 2010. In May, it laid off all its employees and it filed for bankruptcy in June. The state is now likely responsible for some $ 100 million related to the deal, including interest.

Schilling also had personally guaranteed loans to the company and listed the sock as bank collateral in a September filing with the Massachusetts secretary of state’s office.

Messages left for his publicist were not immediately returned.

The bloody sock is one of two that sent Schilling into the annals of baseball lore in 2004.

The other was from Game 6 of the American League Championship Series, when Schilling pitched against the New York Yankees with an injured ankle. That sock is said to have been discarded in the trash at Yankees Stadium.

The one being sold is from the second game of the World Series, which the Red Sox won that year for the first time in 86 years.

Schilling has said he invested as much as $ 50 million in 38 Studios and has lost all his baseball earnings. He told WEEI-AM in Boston last year that possibly having to sell the sock was part of “having to pay for your mistakes.”

“I’m obligated to try and make amends and, unfortunately, this is one of the byproducts of that,” he told the station.

Brad Horn, a spokesman for the hall of fame in Cooperstown, N.Y., said the loaned sock was returned in December under the terms of the hall’s agreement with Schilling. The hall had had it since 2004.

The Feb. 23 live bidding will be held at the Fletcher-Sinclair mansion in New York City, now home to the Ukrainian Institute of America. The auction will feature other “five- and six-figure items,” including a jersey and cap worn by New York Yankees great Lou Gehrig, Ivy said.

Heritage last May auctioned off the so-called “Bill Buckner ball,” which rolled through the legs of the Red Sox first baseman in the 1986 World Series. Ivy said that item, like Schilling’s sock, was listed at the time as being expected to bring in “$ 100,000-plus,” but it was sold to an anonymous bidder for $ 418,000.

Gaming News Headlines – Yahoo! News

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