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Board approves News Corp split into two entities
WASHINGTON - Rupert Murdoch's News Corporation Friday announced the planned separation of the $76-billion conglomerate into two distinct publicly traded companies, with one to be renamed 21st Century Fox and the publishing firm to retain the News Corp brand. The split has been formally approved by the Board of Directors. The Company announced appointments to the Boards of Directors of both ...
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China to allow US auditors access to records of Chinese firms
BEIJING - Chinese regulators Friday announced that they have signed a memorandum of understanding with their US counterparts giving American authorities increased access to documents from Chinese audit firms. The signing of the MOU between China Securities Regulatory Commission (CSRC), the Ministry of Finance (MOF) and the US Public Company Accounting Oversight Board (PCAOB) is a significant ...
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Croatia looking to oil exploration in Adriatic Sea to revive economy
ZAGREB/LONDON - Croatia, soon to become the 28th member of the European Union,- is looking to undiscovered oil and gas fields in the Adriatic Sea to revive its ailing economy, according to the country's president. Ivo Josipovic told CNN that Croatia is searching for partners in the energy sector to help reveal oil and gas "green fields" in the waters that separate the Balkan nations and ...
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Amazon ventures into fan fiction promotion
WASHINGTON - Amazon, the largest online retailer of books, movies, music and games, Friday offered its Kindle e-book platform to fan fiction authors to sell some of their work. Fan fiction is literature inspired by popular books, shows, movies, comics, music, and games. Publication outside of blogs and online fanzines is often difficult because of copyright issues. Amazon Publishing has ...
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China central bank report promises financial sector reforms
BEIJING - China is planning to steadily push forward market-oriented reform in its interest rates and exchange rates mechanisms this year as part of the financial sector reforms to better serve the real economy, a central bank report said on Friday. The "China Financial Stability Report (2013) released by the People's Bank of China stressed that it would be steadily promoting the interest ...
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Movie Review
Friday the 13th Part V: A New Beginning [DVD]
Among fans of the long-running slasher series, Friday the 13th Part V: A New Beginning is generally considered the weakest entry. Of course, to some people, choosing the worst Friday the 13th film is like looking at a barrel of rotten fru ... ...
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Royalty Pharma takeover bid fails to find Elan ecceptance
DUBLIN/ WASHINGTON Ireland-based biotechnology firm Elan Thursday rejected Royalty Pharma's increased $6.4 billion takeover bid, shortly after the U.S. firm cut the acceptance bar for its latest offer to 50 percent plus one share. Royalty raised its hostile cash bid to $12.50 per share on Monday, from $11.25 previously, but made the new offer conditional on Elan shareholders rejecting, at a ...
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UK urged by IMF to bring forward high value spending
LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...
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As grocers restaurants bicker many U.S. menus still lack calorie counts
The Food and Drug Administration hopes to have the regulations in place later this year. Restaurants would likely have six months from then to ...
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Stalking the wildly cute koala
Opening just in time for Memorial Day weekend, the San Diego Zoo's new Conrad Prebys Australian Outback exhibit has twice as much space as the old koala exhibit, with room for bulldozing wombats, cackling kookaburra and snoozy wallabies. Not to mention more koalas and many more places to watch them do what koalas ...
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Slacker Internet radio picks up the pace
Internet radio outfit Slacker detected a touch of gray in its service last year. The retro/biker dashboard player for Web and mobile listeners essentially had gone unchanged since the San Diego company was founded in ...
They said it
We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.
Barack Obama
The U.S. president was speaking on his administration's counter terrorism policy.
Hotel Review
Le Meridien Dubai
I had taken a rental car from Abu Dhabi and driven up to Dubai, a trip of about 140 kilometres. ...
Keep readingHave Your Say
The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?
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- Padres Pregame Hoping to stay hot in Arizona
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- UNLV to face Arizona at home after deal falls apart to move football game
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- Keep drones in the air as long as terrorists target U.S.
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- $2.6 mn necklace spirited away at Cannes Film Festival
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- Brad Pitt follows Gwyneth Paltrows dads advice
- Beyonce creates fashion range for website
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