Jan
05

Storm over Depardieu's 'pathetic' move

STORY HIGHLIGHTSRussian President Vladimir Putin has bestowed Russian citizenship on actor Gérard DepardieuFor Depardieu, a public war of words erupted, with many in France disgusted by his moveDepardieu more than anyone, represents the Gallic spirit, says Agnes PoirierMajority of French people disapprove of his action but can't help loving him, she addsAgnes Poirier is a French journalist and political...
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‘McDreamy’ says he beat Starbucks for coffee chain

SEATTLE (AP) — “Grey’s Anatomy” star Patrick Dempsey may be the real “McSteamy.”The actor, who was dubbed “McDreamy” as a star of the hospital drama while his co-star was called “McSteamy,” may soon be serving hot, steaming cups of Joe.Dempsey won a bankruptcy auction to buy Tully’s Coffee, a small coffee chain based in Seattle. Among those he beat out is Tully‘s much bigger Seattle neighbor, Starbucks...
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“Cliff” concerns give way to earnings focus

NEW YORK (Reuters) – Investors’ “fiscal cliff” worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week.Financial results, which begin after the market closes on Tuesday with aluminum company Alcoa , are expected to be only slightly better than the third-quarter’s lackluster results. As a warning sign, analyst current estimates are...
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Pan Global Resources Inc. Completes Non-Brokered Financing

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan 4, 2013) – Pan Global Resources Inc. (TSX VENTURE:PGZ) (the “Company“) today announced that it has completed its previously announced non-brokered private placement (the “Offering“) and issued an aggregate of 2,747,500 units (the “Units“) at a price of $ 0.40 per Unit for gross proceeds of $ 1,099,000. The offering was oversubscribed by nearly 250,000...
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"Cliff" concerns give way to earnings focus

NEW YORK (Reuters) - Investors' "fiscal cliff" worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week. Financial results, which begin after the market closes on Tuesday with aluminum company Alcoa , are expected to be only slightly better than the third-quarter's lackluster results. As a warning sign, analyst current...
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Manziel leads A&M to Cotton Bowl rout of Sooners

ARLINGTON, Texas (AP) — At one point early in the Cotton Bowl, with "Johnny B. Goode" blaring through the stadium speakers, Heisman Trophy winner Johnny Manziel peeked up at the accompanying highlights on the huge video board hanging over the field.Texas A&M's exciting dual-threat quarterback known as Johnny Football sure puts on a show worth watching."Best player I've ever played. He does so...
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Jan
04

Myanmar: Evolution, not revolution

Tourists walk around the Shwedagon Pagoda in Yangon in April. The tourism industry is set for expansion.STORY HIGHLIGHTSMyanmar is undergoing incremental change, welcomed by all, says Parag KhannaBut he says people still tread lightly, careful not to overstep or demand too muchMyanmar has survived succession of natural and man-made ravages, Khanna addsWith sanctions lifted, foreign investment is now...
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Codeblack snags next Kevin Hart concert film, Summit plots July 4 release

NEW YORK (TheWrap.com) – Codeblack Films has acquired Kevin Hart‘s concert film, “Kevin Hart: Let Me Explain,” which Summit plans to release in theaters over the July 4 weekend.Hart’s 2012 tour spanned 10 countries and 80 cities, selling more than 540,000 tickets. He stopped at some of the world’s biggest venues, including Madison Square Garden and London’s O2 Arena.“Let Me Explain is my best work...
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Stock futures flat amid caution ahead of jobs report

NEW YORK (Reuters) – Stock futures were little changed on Friday amid caution ahead of a key jobs report and concern the U.S. Federal Reserve may end its asset-buying program.* The employment reading, to be released by the Labor Department at 8:30 a.m. EST (1330 GMT), is likely to point to modest economic growth despite uncertainty in recent months over a fiscal crisis that continues to dog the U.S....
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Global Equity Markets Reflected Positive Returns on First Trading Day of 2013 After Russell Global Indexes Post Strong Gains in 2012

SEATTLE, WA–(Marketwire – Jan 4, 2013) – The U.S. equity markets showed positive returns on Wednesday, January 2nd 2013 as reflected by the Russell U.S. Indexes, the day after U.S. Congress passed a resolution to avert the so-called “fiscal cliff.” The Russell 1000® Index of large-cap U.S. stocks reflected a daily return of 2.5%, led by the Technology (3.1%), Financial Services (2.8%) and Consumer...
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Wall Street opens a tad higher after jobs data

NEW YORK (Reuters) - Stocks opened slightly higher after a key U.S. jobs report showed the pace of hiring by employers had eased slightly in December but gave signals of some momentum in the labor market's recovery since the 2007-09 recession. Though the data showed lackluster economic growth was unable to make a dent in the still-high U.S. unemployment rate, it calmed fears about the...
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Oregon runs past K-State 35-17 at Fiesta Bowl

GLENDALE, Ariz. (AP) — As Oregon coach Chip Kelly was about to receive the massive Fiesta Bowl trophy, Ducks fans inside University of Phoenix Stadium started a chant of "We want Chip!"Whether he returns or not is up in the air.If Kelly does head to the NFL, this was a great send off.Sparked by De'Anthony Thomas' 94-yard touchdown return on the opening kickoff, No. 5 Oregon turned the Fiesta Bowl...
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Jan
03

Why U.S. lives under the shadow of 'W'

Julian Zelizer says former President George W. Bush's key tax and homeland security policies survive in the age of ObamaSTORY HIGHLIGHTSJulian Zelizer: For all the criticism Bush got, two key policies have survivedHe says fiscal cliff pact perpetuates nearly all of Bush's tax cutsObama administration has largely followed Bush's homeland security policy, he saysZelizer: By squeezing revenues, Bush...
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Springsteen to be honored as MusiCares person of the year

(Reuters) – U.S. rocker Bruce Springsteen has been named MusiCares‘ 2013 Person of the Year in recognition of his artistic achievements as well as his philanthropic work, the Recording Academy said on Wednesday.Springsteen, 63, will be honored at a February 8 gala in Los Angeles hosted by comedian Jon Stewart and held in conjunction with the annual Grammy Awards, the recording world’s most prestigious...
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The Fiscal Cliff Deal and the Damage Done

Ordinarily we call a deal in which neither side gets what it wants a victory for democracy. Shared sacrifice produces moderation and probity. But any process in which the Speaker of the House tells the Senate Majority Leader “Go f-‍-‍- yourself,” as John Boehner instructed Harry Reid at the height of fiscal cliff madness, deserves just a bit of examination.The Jan. 1 deal, which Wall Street cheered,...
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