Michael Costigan Lands two-Year, First-Look Deal at Sony Pictures

LOS ANGELES (TheWrap.com) – Sony Pictures Entertainment said Tuesday that it has entered into a two-year, exclusive first-look agreement with producer Michael Costigan and his company COTA Films.The deal reunites Costigan with Sony Pictures, where he previously worked for nine years and served as a production executive. Costigan then served as president of Ridley and Tony Scott‘s Scott Free Productions...

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Stocks end higher for sixth straight week, tech leads

NEW YORK (Reuters) - The Nasdaq composite stock index closed at a 12-year high and the S&P 500 index at a five-year high, boosted by gains in technology shares and stronger overseas trade figures. The S&P 500 also posted a sixth straight week of gains for the first time since August. The technology sector led the day's gains, with the S&P 500 technology index...

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Norway's Svindal wins downhill at Alpine worlds

SCHLADMING, Austria (AP) — Aksel Lund Svindal of Norway won the men's downhill title at the Alpine skiing world championships Saturday after a powerful run down the Planai course that no one came close to matching.Watched by 33,000 spectators, Svindal kept a near-perfect line down the icy and bumpy 3.33-kilometer course despite foggy conditions that caused problems for several other skiers.The Norwegian...

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Why I dread Chinese New Year

Kids see Chinese New Year through rose-tinted glasses.STORY HIGHLIGHTSZoe Li: As an adult, Chinese New Year is an annual nightmareIt's a time when relatives have the right to be judgmentalSuperstitious Chinese New Year foods often aren't that tasty(CNN) -- For me, Chinese New Year used to be fun.When I was a kid, I was excited during Chinese New Year when I got lai see and I could stay up late. I...

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NBC’s ‘The Office’ to get send-off on May 16

LOS ANGELES (Reuters) – Emmy-winning comedy “The Office” will pack up its pencils and staplers after eight years with a one-hour finale on May 16, U.S. broadcaster NBC said on Thursday.Producers have promised that the episode will tie up several loose storylines on the workplace mockumentary, which debuted on U.S. television in 2005 as an adaptation of the British series of the same name created by...

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Wall Street opens modestly higher after data

NEW YORK (Reuters) - Stocks opened slightly higher on Friday after a trio of positive economic data points, and further gains were expected to be modest with the benchmark S&P index near five-year highs. The Dow Jones industrial average <.dji> was up 18.97 points, or 0.14 percent, at 13,963.02. The Standard & Poor's 500 Index <.spx> was up 3.05 points, or 0.20 percent,...

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Utility: Bad device caused Super Bowl blackout

NEW ORLEANS (AP) — A power company says the cause of the Super Bowl blackout was a faulty device that had been installed to prevent a failure of electric cables leading to the Superdome.Officials of Entergy New Orleans say the device, called a relay, had been installed to protect the stadium from a cable failure between the company's incoming power line and lines that run into the stadium.Company...

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Bring drones out of the shadows?

STORY HIGHLIGHTSJohn Brennan's confirmation hearing is a chance to ask about drone program, author saysSarah Holewinski: Brennan is one of a few officials who knows full story on dronesShe says senators need to ask about damage drone program does to civilians, U.S. reputationHolewinski: CIA should hand over drone program to Defense DepartmentEditor's note: Sarah Holewinski is executive director of...

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The Wanted take music to television with E! reality show

LOS ANGELES (Reuters) – After storming the U.S. pop charts with their infectious dance songs last year, British-Irish boy band The Wanted are set to invade television screens with a new reality show on the E! channel this summer, the network announced on Wednesday.“The Wanted Life,” co-produced by Ryan Seacrest Productions, will follow the band members as they move into a house in the Hollywood Hills...

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Wall Street opens flat after claims, sales data

NEW YORK (Reuters) - U.S. stocks opened flat on Thursday after a trend gauge in weekly jobless claims signaled modest economic improvement and retailers posted mixed monthly sales. The Dow Jones industrial average <.dji> was down 11.06 points, or 0.08 percent, at 13,975.46. The Standard & Poor's 500 Index <.spx> was down 0.67 point, or 0.04 percent, at 1,511.45. The Nasdaq...

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