Monday 31 October 2011

Wall Street spooked but seals historic October

NEW YORK - October is somewhat cursed for the stock market — the Crash of 1929, Black Monday in 1987, a slow-motion meltdown in 2008. This time, the demons made a last gasp, but Wall Street still managed to break the jinx. Stocks had their best month in almost a decade, rising from their low point ...


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Posthumous Amy Winehouse Album set for December Release

A new album of previously unreleased studio tracks by the late Amy Winehouse is scheduled for release in December, according to a story on MTV.com. The album titled Lioness: Hidden Treasures is scheduled to be released on Dec. 5 and will contain 12 songs, according to the MTV report. Winehouse died ...


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Before scandal, Gupta was role model for middle-class India

MUMBAI (Reuters) - Before Indra Nooyi became CEO of PepsiCo Inc or Vikram Pandit took the reins at Citigroup Inc there was Rajat Gupta, the original "global Indian" who was the first to head a major Western business. More than 17 years after first being elected head of McKinsey & Co, the management ...


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Get Ready for Higher Restaurant Prices

By Anna-Louise Jackson and Anthony Feld - Fri Oct 28 17:22:44 GMT 2011 Restaurants are poised to raise prices as Americans become accustomed to more expensive food at grocery stores. U.S. consumers paid 2.6 percent more at eateries in September than last year, while food prices at supermarkets were ...


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Turkey wants Afghan-Pakistan summit to reduce mistrust

Turkey hopes talks it is hosting between the presidents of Pakistan and Afghanistan in Istanbul on Tuesday will reduce their deep mutual mistrust and begin a new period of cooperation between the two neighbors. Bilateral relations have been marred by accusations that each is helping militant enemies ...


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MF Global is first big US victim of Europe crisis

WASHINGTON (AP) -- The European debt crisis has claimed its first big casualty on Wall Street, a securities firm run by former New Jersey Governor Jon Corzine. MF Global Holdings Ltd., which Corzine has led since early last year, filed for bankruptcy protection Monday. Concerns about the company's ...


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  • Europe's debt crisis drags down US stocks


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Expert testifying for Michael Jackson's doctor acknowledges Murray didn't follow protocol

LOS ANGELES - The doctor charged in Michael Jackson's death says he hasn't made a final decision about whether or not he will testify in his own defense. Dr. Conrad Murray told Superior Court Judge Michael Pastor that he has thought about whether to testify and has consulted with his attorney. But ...


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Papandreou Calls on Greeks to Back EU Debt Accord in Referendum

Nov. 1 (Bloomberg) -- Greek Prime Minister George Papandreou said voters will give him support to forge ahead with economic reforms as he pledged a referendum on the European Union’s latest accord on the nation’s financing. “For the new agreement, we must go to a referendum for Greeks to ...


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Horn: 'It'll take a while' before the common man starts to miss the NBA

Catch SportsDay On Air twice per week on Fox Sports Southwest, when Dallas Morning News experts discuss hot sports topics from the Cowboys, Mavericks, Stars, Rangers and colleges (check out TV listings for air times). Here are a few highlights from Monday's episode featuring Kevin Sherrington and ...


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MF Global files for bankruptcy, undone by Europe's financial crisis

A major Wall Street trading firm run by one of the most storied names in finance became the first major casualty of the European financial crisis. MF Global filed for Chapter 11 bankruptcy Monday after sustaining big losses on its holdings of debt issued by Italy, Spain and other troubled European ...


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Former Gov. Corzine's Wall Street firm under investigation; hundreds of millions of dollars in question

Federal regulators are investigating whether hundreds of millions of dollars have disappeared from client accounts at a Wall Street firm run by former Gov. Jon Corzine, according to media reports published tonight. MF Global Holdings, a large commodities brokerage firm Corzine took over last year ...


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Samsung’s 3Q: 5 Things to Learn

The third-quarter results Samsung Electronics Co. – South Korea’s biggest company by far – released on Friday showed that, despite a 23% drop against last year’s record 3Q performance, things are mostly going well. The biggest surprise came not from the results themselves but from the way ...


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NHL Capsules

NEW YORK (AP) - Ryan Callahan scored twice in New York's three-goal second period, and New York shook of a blown lead and raced past the surging San Jose Sharks 5-2 on Monday night. The Rangers (4-3-3) led 2-0 in the first period but squandered it to the Sharks, who were trying to complete a sweep ...


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  • PITTSBURGH, Pa. - Matt Cooke scored his team-leading third goal of the season and the Pittsburgh Penguins raced past the Florida Panthers 4-2 on Tuesday night. Pascal Dupuis ...
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Obama passes physical exam, is "tobacco free"

U.S. President Barack Obama passed his latest physical check-up with flying colors and is now "tobacco free," a medical report showed on Monday. "The president is in excellent health and 'fit for duty'," his physician, Dr. Jeffrey Kuhlman, wrote after conducting Obama's physical examination last ...


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Wednesday 26 October 2011

House to repeal law withholding contractors' taxes

WASHINGTON—Against a backdrop of thousands of government contractors underpaying their taxes by billions of dollars, Congress decided in 2006 to start withholding 3 percent of the contracted price until taxes owed are paid. It never happened. Five years later, both parties and President Barack ...


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Saturday 22 October 2011

Libya’s liberation day - Chicago Su

Libyan women and children welcome revolutionary fighters returning from Sirte at Al Guwarsha gate in Benghazi, Libya, Saturday Oct. 22, 2011. Libya's new leaders will declare liberation on Sunday, officials said, a move that will start the clock for elections after months of bloodshed that ...


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  • Libya's new rulers close in on Gadhafi clan


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Ohio governor signs order to crack down on exotic animals

COLUMBUS, Ohio -- Ohio's governor promised Friday to step up enforcement of the state's existing animal laws and pursue new ones to limit private ownership of dangerous animals. If an animal is seen being treated inhumanely, Ohio officials already have the ability to confiscate it and arrest the ...


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Thursday 20 October 2011

Stocks end mixed as Europe haggles over debt fix - AP

Stocks are closing mixed after reports that European leaders remain split over how to fend off a larger financial crisis in the region. The Dow Jones industrial average rose 37 points, or 0.3 percent, to close at 11,542 Thursday. The S&P 500 index rose 6, or 0.5 percent, to 1,215. The Nasdaq slipped ...


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Should you put money into this market?

The prospect of another market crash caused by a Greek default is keeping a lot of people on the sidelines. After the last crash wiped out nearly 50% of the stock market’s value, it is understandable why people are afraid to put money back into the market. The European’s are meeting this weekend ...


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Remains Found in Maryland Woods Confirmed to Be Missing 11-Year-Old Boy

ROCKVILLE, Md. -- The Maryland state medical examiner's office confirmed Wednesday that human remains found in a wooded area are those of missing 11-year-old boy William McQuain. The remains were found Tuesday morning in a wooded area near Clarksburg, Md., about 27 miles northwest of Washington, D.C ...


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Wheldon’s funeral set for Saturday

The funeral for two-time Indianapolis 500 champion Dan Wheldon, killed in a 15-car crash at a Las Vegas race last Sunday, will be conducted on Saturday in St. Petersburg, Florida. Susie Wheldon, the racer's wife and mother of their two children, released details of the ceremony and invited the ...


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Wildlife preserve owner was bitten by big cat, coroner says

ZANESVILLE, Ohio - The man who let loose more than 50 wild animals here was bitten in the head by a lion or tiger shortly after he died of a self-inflicted gunshot wound, the local sheriff said Thursday. A coroner found that Terry Thompson, 62, had a bite mark on his head from a large cat and the ...


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Hip NYPD officer's clothes grab online attention

NEW YORK—One New York Police Department officer keeping an eye on the Occupy Wall Street protest has caught the eye of the fashion police. Manhattan plainclothes Detective Rick Lee is gaining Internet fame for his un-stereotypical appearance. He dresses like a preppy college student or a professor ...


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Matthew Dowd: It’s the Values, Stupid: Why Character Counts in 2012

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U.S. seen struggling to win fight in Afghan east

It's known in milspeak as RC-East, the vast, rugged and mountainous east of Afghanistan, where battle-hardened insurgents vow to wait out U.S. military might and the final phase of the decade-long war in Afghanistan is likely to be decided. With a dwindling force, a ticking clock and a patient enemy ...


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Giuliana Rancic has double lumpectomy

LOS ANGELES, Oct. 20 (UPI) -- U.S. television personality Giuliana Rancic is recovering at home Thursday after undergoing a double lumpectomy for breast cancer, her husband said. Her surgery was performed Tuesday, husband Bill Rancic told NBC's Today show. She was out of the hospital and resting at ...


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Zanesville, Ohio big-game hunt sparks petition to protect exotic animals

In a hunt that began Tuesday night and upset animal lovers around the nation, Zanesville, Ohio sheriff deputies shot and killed dozens of roaming exotic animals, including 18 rare Bengal tigers, 16 lions, six black bears, two grizzlies, three mountain lions and a baboon. Only six animals were ...


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Internet Heat Triggers International Apparel and Textile Trade Service Outsourcing in China

HANGZHOU, China, Oct. 20, 2011 /PRNewswire via COMTEX/ -- According to the 27th China Internet Development Report published by China Internet Network Information Center, at the end of December 2010, the number of Chinese netizens had reached 457 million, an increase of 73.3 million compared with the ...


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Freed Palestinian prisoners back to daily life

KHAN YOUNIS, Gaza Strip - Freed Palestinian prisoners were treated as heroes on Thursday as they tried to settle back into daily life, days after their release in exchange for a captive Israeli soldier. One of the most prominent Palestinian among those released, Yehiyeh Sinwar, called on militants ...


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Dan Wheldon's death likely to loom over 2012 IndyCar season

ST. PETERSBURG, Fla. -- The death of two-time Indianapolis 500-winner Dan Wheldon on Sunday at Las Vegas Motor Speedway has, for a multitude of reasons, been especially hard to reconcile for those who knew, worked with or cheered for the popular 33-year-old. It doesn't figure to get easier, not with ...


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IndyCar Mourns Dan Wheldon, Danica Patrick Moves Forward: Fan Take

IndyCar driver Dan Wheldon will be memorialized at Conseco Fieldhouse in Indianapolis Oct. 23. Wheldon died in a fiery wreck Oct. 16 at Las Vegas Motor Speedway. The public can attend starting at 4 p.m. CT. The Indianapolis Star reports the Versus Network will carry the public memorial live on ...


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ASTA Offers New Booking Engine for IDE

For anyone attending ASTA’s upcoming International Destination Expo (Lima, Peru, March 1-4, 2012) selecting and booking their air, hotel or even pre- or post-tour option has been made easier, thanks to a new booking engine, that allows attendees to reserve all facets of their trip on one site ...


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