The Tidiness Cult

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The Tidiness Cult
Bigger, Better
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A Japanese woman’s manifesto on decluttering
becomes a global publishing phenomenon ARENA | D1
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*****
FRIDAY, FEBRUARY 27, 2015 ~ VOL. CCLXV NO. 47
WSJ.com
HHHH $3.00
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FCC Sets
New Era
Of Net
Oversight
Presidential Hopefuls Put in Face Time at Key GOP Gathering
What’s
News
Business & Finance
T
he FCC voted to regulate
broadband providers as
public utilities and overruled
two state laws that made it
harder for cities to offer their
own Internet service. A1
BY THOMAS GRYTA
 Standard Chartered CEO
Peter Sands will step down and
be succeeded by ex-J.P. Morgan
executive Bill Winters. C1, C2
 Kohl’s and Penney said
sales rose last quarter as traffic
increased and shoppers spent
more money on each trip. B1
 Sears plans to split off as
many as 300 of its stores into a
separate company by June. B2
 IBM said it would shift $4
billion in 2015 spending to
cloud, analytics, mobile, social
and security technologies. B1
 Nasdaq neared a record, rising 20.75 points to 4987.89 as
Apple shares rebounded. The
Dow lost 10.15 to 18214.42. C4
 The consumer-price index
fell in January in the first yearover-year dip since 2009. A2
 U.S. steelmakers are slashing prices as the strong dollar
helps spur a flood of imports. B3
World-Wide
 The Islamic State militant
who appeared in several hostage-beheading videos was
identified as a British man
long known to authorities. A6
 The U.S.-led coalition carried out five airstrikes on an
area in Syria where Islamic
State is believed to hold over
250 Christians hostage. A7
 UnitedHealth is imposing
tighter controls on hysterectomy coverage after debating
the use of morcellators. A1
 House GOP leaders unveiled a plan to keep the DHS
funded for three weeks and
avoid a partial shutdown. A3
 A federal jury found a bin
Laden aide guilty of conspiracy in the 1998 U.S. Embassy
bombings in East Africa. A3
 The U.S. intelligence chief
predicted Russia-backed rebels
would continue their advance
through Ukraine and said he
favors arming Kiev’s forces. A7
 Ukraine’s army said it would
start pulling back heavy weapons from the front lines of its
conflict with the separatists. A7
 An Argentine judge rejected allegations that President Kirchner plotted with
Iran to cover up Tehran’s role
in a 1994 terrorist attack. A12
 Susan Rice, who has criticized Netanyahu, will outline
Obama’s stance on Iran nuclear
talks before a pro-Israel lobby. A7
 The Senate judiciary panel
backed Lynch to be attorney
general, sending her nomination to the full chamber. A4
 Died: Irving Kahn, 109,
one of the world’s oldest
professional investors. C3
CONTENTS
Books............................... D2
Business News B2,3,5,6
Global Finance............ C3
Heard on the Street C8
In the Markets........... C4
Opinion..................... A9-11
Sports.............................. D8
Technology................... B4
Television...................... D6
Theater........................... D7
U.S. News................. A2-5
Weather Watch........ B6
World News..... A6-8,12
>
s Copyright 2015 Dow Jones & Company.
All Rights Reserved
CONSERVATIVE FANS: At a meeting of the Conservative Political Action Conference, an attendee holds photos of possible presidential candidates. A4
Suspects Led Low-Key Lives
Secret Service first
spotted Web postings
that led to terror
arrests of Brooklyn men
Lakeisha Bailey first met Abror
Habibov in 2007, when he bought
her a drink at a Virginia nightclub.
“He was calm, collected, laid
back, very generous,” she said. “A
gentleman.”
They were married the following year in a small courthouse
ceremony. They lived a normal
life in Hampton, Va., Ms. Bailey
said, going bowling, to movies
and local restaurants.
Mr. Habibov, an Uzbeki citizen,
didn’t drink, and he never talked
about religion, she said. “I never
knew him as Muslim. He never
Tighter
Control for
Women’s
Procedure
BY JENNIFER LEVITZ
AND JON KAMP
The nation’s largest health insurer is imposing tighter controls
on its coverage for hysterectomies after more than a year of
debate over a medical device that
was found to spread hidden cancer in some women undergoing
the procedure.
As of April, UnitedHealth
Group Inc. will require doctors to
obtain authorization from the insurer before performing most
types of hysterectomies, according to a bulletin sent to physicians and hospitals.
The decision marks another
blow to the tool known as a laparoscopic power morcellator,
which cuts up and removes tissue
through small incisions in the abdomen. Until recently, morcellators were being used in thousands
of laparoscopic hysterectomies every year to remove benign
growths known as fibroids. Fibroids can be hard to distinguish
from a dangerous form of cancer,
uterine sarcoma, which can’t be
reliably detected before surgery.
Morcellators, which typically
use a fast-spinning blade, can
spread the malignancy and
worsen the outcome, the U.S. Food
and Drug Administration has said.
Only vaginal hysterectomies
performed on an outpatient basis won’t require prior approval.
The method, in which the uterus
is removed through the vagina
and no morcellator is used, has
long been considered the least
invasive and cheapest option yet
is used in only 15% to 20% of
cases, according to federal data
and studies.
The move by UnitedHealth,
Please see INSURER page A5
did strike me as that way,” she
said.
She said their marriage fell
apart as Mr. Habibov began
spending more time in New York
City, where he had business interests. By 2010, he stopped sending
money, then phone calls and
emails dropped off. “He just fled,”
Ms. Bailey said. “It was like he
didn’t exist anymore.”
On Wednesday, Mr. Habibov
was one of the three Brooklyn,
N.Y., men charged with conspiring
to aid Islamic State. Mr. Habibov,
30 years old, is accused by federal
prosecutors in Brooklyn of providing financial support for the
other men, two roommates—Abdurasul Juraboev, a 24-year-old
Uzbeki citizen, and Akhror Saidakhmetov, a 19-year-old citizen of
Kazakhstan—who authorities say
planned to travel to Syria to join
By Joseph De Avila in
Newport News, Va., and
Rebecca Davis O’Brien
and Pervaiz Shallwani
in New York
the militant group.
Ms. Bailey said she was
shocked by the news of the arrest
of Mr. Habibov, who filed for divorce last year, and by his alleged
radicalization.
“Did he change over time?” she
said. “Because that’s what I’m
thinking: Did something change
him?”
The alleged aspirations of the
roommates began to take shape
last August, when Mr. Juraboev
threatened President Barack
Obama on an online Uzbek-language message board, drawing
Please see ARRESTS page A6
HO/Agence France-Presse/Getty Images
 KKR has retained advisers
to help Samson deal with the
debt load the energy firm
took on in a 2011 LBO. C1
Composite
 An Argentine debt sale
collapsed after creditors
seeking payment on defaulted
bonds blocked the plans. C1
‘Jihadi John’
The masked Islamic State
militant who appeared in
videos beheading hostages
has been identified......... A6
 Heard on the Street.................... C8
IN SPAIN, HUGO CHÁVEZ LIVES ON
Far-left movement tied to late Venezuelan leader gains clout, challenging mainstream
BY DAVID ROMÁN
MADRID—Late in his presidency, Venezuela’s Hugo Chávez told a Spanish professor he was “very much heartened” by a
youth-led movement that briefly occupied
central Madrid to protest corruption and
government-mandated austerity. What recession-racked Spain needed, he said, was
“a true democracy” to replace its “capitalist” system.
His guest, Juan Carlos Monedero, said
during their televised chat that he couldn’t
agree more. Venezuela is a model of Socialist revolution, he told Mr. Chávez, and “Europe is starting to look at your example.”
Nearly four years later, Mr. Chávez is
dead and Venezuela is mired in economic
turmoil. But in Spain a new far-left party
led by Mr. Monedero and others with ties
to Mr. Chávez’s movement has surged to
the top of opinion polls less than a year
ahead of national elections, challenging decades of moderate governance by mainstream parties. The party, Podemos (Spanish for We Can), proposes to expand the
powers of the state in some of the ways Mr.
Chávez did in Venezuela.
Rivals have seized on those ties to depict
Podemos as the ghost of Chávez, warning
that it would undermine Spain’s democracy
and economy with a regime of Chávez-style
authoritarian populism.
The party’s leaders deny that, describing
themselves as youthful insurgents against
an entrenched “caste” of corrupt, self-serving politicians.
Podemos’s rise from the political fringe
parallels that of Syriza, the leftist coalition
that upset establishment parties to win
Greece’s national election in January. Appealing to angry electorates afflicted by
high unemployment, both parties reject the
prevailing eurozone policies that require
harsh economic austerity to meet the demands of creditors. On Jan. 31, Podemos
gathered at least 100,000 followers in
Please see PODEMOS page A8
The Wannabe Buffetts: Smorgasbord
Of Followers Claim Billionaire’s Name
i
i
i
CEOs, Jay Z and the ‘Oracle of San Quentin’
want to be like world’s most famous investor
BY ANUPREETA DAS
A Sri Lankan-born venture
capitalist wants to be the
“brown Buffett.” Rapper and entrepreneur Jay Z called himself
the “black Warren Buffett.”
There are Buffetts of
Tanzania, India and
Spain—and a convicted
murderer known as the
“Oracle of San Quentin”
because of his reputation for stock-picking
prowess inside the California prison.
Since 2005, the
phrase “the Warren
Buffett of” has appeared more than 450 Warren
times in news reports.
There is a Warren Buffett of
gambling, wine, Irish property,
fishing, barges and jewelry merchandising. And no geographic
area seems too small for a Buffett, including at least one
apiece in Kentucky and Memphis, Tenn. (A female Mr. Buffett
is hard to find, though.)
As the returns of the world’s
most famous investor have
swelled, so has the number of
people who lay claim to Warren
Buffett’s name.
The 84-year-old billionaire is chairman of
Berkshire Hathaway
Inc., based in Omaha,
Neb. Since taking control of the company in
1965, Mr. Buffett has
produced an overall
gain
of
693,518%
through the end of
2013, trouncing the
Buffett S&P 500’s increase of
9,841%.
Saturday’s release of Mr. Buffett’s latest annual letter to
shareholders will mark 50 years
since he wrote the first one, and
more people than ever hang on
Please see BUFFETT page A5
P2JW058000-5-A00100-1--------XA
 Coca-Cola sold $9.5 billion
of euro-denominated bonds,
making it the latest U.S. firm
to tap the European market. C1
Andrew Harrer/Bloomberg News
 RBS said it would dismantle its global investment
bank, including cutting more
than 1,000 jobs in the U.S. C1
The Federal Communications
Commission set aside two decades of laissez-faire policy
Thursday to assert broad authority over the Internet, voting to
regulate broadband providers as
public utilities and overruling
laws in two states that made it
harder for cities to offer their
own Web service.
Both rulings were setbacks for
big telecommunications and cable
companies that have invested billions of dollars in their networks
and wins for Internet companies
that have enjoyed explosive
growth as people spend more
time online. The moves reflect an
evolution from regulators treating
the Internet as a technological innovation that needed to be nurtured to a powerful commercial
venue with rival constituencies
that need to be balanced.
The commission pledged to use
a light touch, and the immediate
practical effects of the decisions
are limited because companies,
regulators and users all agree in
principle that traffic shouldn’t be
blocked.
Still, the shift in philosophy
was notable, with possible implications down the road that are
hard to predict. It even drew
warnings from Google Inc., which
told the White House privately it
was making a mistake when President Barack Obama called in November for the approach the FCC
adopted on Thursday.
“The blessing and the curse for
the cable industry and the telcos
is they have an infrastructure
which is absolutely critical to the
economy, to education, to health
care—far beyond the original use
for which they built those networks,” said Blair Levin, who was
chief of staff at the FCC in the
Please see FCC page A2
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