The Time Zynga’s CEO Almost Cried to Save His Failing Business

With the company stock at less than $ 3 per share and having just announced recent lay-offs including the loss of its COO, you might verge on tears too while making a plea to the one man who could save your ailing gaming company. So, when put that way, maybe it’s not so that embarrassing that “tears nearly welled up” in Zynga CEO Mark Pincus‘s...

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Irish rally for government action on abortion

DUBLIN (Reuters) – At least 5,000 people marched to the offices of Ireland‘s socially conservative prime minister on Saturday to call for clearer guidelines on abortion following the death of a woman denied a termination.It was the largest of a wave of protests across Ireland in recent days in response to the death of 31-year old Indian woman Savita Halappanavar...

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Ikea ‘regrets’ forced labour use

16 November 2012 Last updated at 11:34 ETIkea has said it “deeply regrets” the use of political prisoners as forced labour in communist East Germany by some of its suppliers. The Swedish furniture giant asked accountants Ernst & Young to look into the matter, dating back 25-30 years.The study indicates that political...

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Israel hits Hamas buildings, shoots down Tel Aviv-bound rocket

GAZA/JERUSALEM (Reuters) – Israeli aircraft bombed Hamas government buildings in Gaza, and the “Iron Dome” defense system shot down a Tel Aviv-bound rocket on Saturday as Israel geared up for a possible ground invasion.Hamas, the Palestinian Islamist group that runs the Gaza Strip, said Israeli missiles wrecked the office building of Prime Minister Ismail...

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Ruckus Wireless prices IPO at high end of range: market source

(Reuters) – WiFi products maker Ruckus Wireless Inc priced its initial public offering at $ 15 per share, the high end of its expected price range, a market source told Reuters.The company, which is backed by Google Inc‘s Motorola Mobility LLC and venture capital firm Sequoia Capital, raised $ 126 million by selling 8.4 million shares. Ruckus...

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Tired after cancer treatment? Walking may help

NEW YORK (Reuters Health) – People who have been treated for cancer often have lingering fatigue, but a new analysis of more than three dozen studies suggests regular walking or cycling might help boost their energy.Patients’ long-lasting tiredness has been blamed both on the cancer itself, including cancer-related pain, and on the effects of treatments...

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Asian stocks mixed on Europe, US woes; Japan gains

BANGKOK (AP) — Asian stock markets were mixed Friday after data showed Europe slipped back into recession and several big U.S. retailers disappointed investors with weak forecasts.The European Union‘s statistics agency said Thursday that the combined economy of the 17 countries that use the euro contracted 0.1 percent in the third quarter from the previous...

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France urges Mali to step up talks with rebels

PARIS (AP) — France‘s president called Thursday for stepped-up talks between Mali’s government and any leaders from its breakaway north “who reject terrorism,” even as African nations geared up for a possible military operation against Islamic extremists there.President Francois Hollande‘s comments suggested a growing openness to dialogue with the extremists,...

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RIM CEO sees new BlackBerry powering growth

WATERLOO, Ontario (Reuters) – A new line of BlackBerry 10 devices will provide Research In Motion with a framework for growth over the next decade, offering long-term value for unhappy shareholders, Chief Executive Thorsten Heins said on Wednesday.In an interview with Reuters, Heins said RIM had identified $ 800 million of the $ 1 billion of savings...

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Public Health Service Aids Hurricane Sandy Relief

The U.S. Public Health Service has begun its third week assisting with Hurricane Sandy relief in New York City. Rapid Deployment Force 1 (RDF-1) assumed command of the medical special needs shelter at Brookdale University Hospital and Medical Center late yesterday afternoon from RDF-2. RDF-2 arrived in New York City on Oct. 31 and immediately set up a...

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French CEOs: ‘Help!’

When some German politicians called on French President François Hollande recently to step up the pace of economic reform in France, Finance Minister Wolfgang Schäuble sprang to Hollande’s defense in Berlin, saying it was wrong to call Europe’s second-largest economy the “sick man” of the region.The heads of France’s biggest companies do not agree. Over...

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Egypt recalls envoy to Israel after Gaza strike

CAIRO (AP) — Egypt has recalled its ambassador to Israel after an Israeli airstrike killed the military commander of Gaza‘s ruling Hamas.In a statement read on state TV late Wednesday, spokesman Yasser Ali said that President Mohammed Morsi recalled the ambassador and asked the Arab League‘s Secretary General to convene an emergency ministerial meeting...

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Zynga CFO David Wehner deflects to Facebook

NEW YORK (AP) — Zynga‘s finance chief is leaving the troubled online game company to join Facebook.San Francisco-based Zynga Inc. said Tuesday that David Wehner will take a “senior finance position” at the social networking company. His exact title will be vice president of corporate finance and business planning, Facebook said. Chief...

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Meningitis outbreak spurs calls to strengthen FDA

WASHINGTON (Reuters) – U.S. and state health regulators called on Congress on Tuesday to strengthen federal oversight of compounding pharmacies as lawmakers prepared for two days of hearings on a deadly fungal meningitis outbreak linked to a compounded steroid.But the main federal regulator, the U.S. Food and Drug Administration, said in a statement to...

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EU workers in austerity protests

13 November 2012 Last updated at 20:19 ETWorkers across the European Union are set to stage a series of protests against rising unemployment and austerity measures. The Day of Action and Solidarity calls on leaders to address growing social anxiety and abandon austerity measures.Some 40 groups from 23 countries are involved...

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General investigated for emails to Petraeus friend

PERTH, Australia (AP) — In a new twist to the Gen. David Petraeus sex scandal, the Pentagon said Tuesday that the top American commander in Afghanistan, Gen. John Allen, is under investigation for alleged “inappropriate communications” with a woman who is said to have received threatening emails from Paula Broadwell, the woman with whom Petraeus had an...

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Lockheed says cyber attacks up sharply, suppliers targeted

WASHINGTON (Reuters) – The Pentagon‘s No. 1 supplier, Lockheed Martin Corp, on Monday cited dramatic growth in the number and sophistication of international cyber attacks on its networks and said it was contacting suppliers to help them shore up their security.Chandra McMahon, Lockheed vice president and chief information security officer, said about...

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U2′s Bono to urge U.S. politicians not to cut aid programs

WASHINGTON (Reuters) – Irish rocker and anti-poverty campaigner Bono will appeal to Democrats and Republicans during a visit to Washington this week to spare U.S. development assistance programs from cuts as Congress tries to avert the looming “fiscal cliff” of tax hikes and spending reductions early next year.The U2 lead singer’s visit comes as the Obama...

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Nesquik Recall Q and A: Are Your Kids Safe?

Nestlé announced late last week a recall of Nesquik for possible Salmonella contamination. Promoted by the Nesquik Bunny, the chocolate milk flavoring is consumed primarily by children. Here’s what you need to know to make sure your kids are safe from this Salmonella risk.How Do I Know If My Nesquik Is Part of the Recall? The...

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Microsoft Shows Its Windows Chief the Door

Fresh off the release of Windows 8, Microsoft (MSFT) has decided to part ways with its Windows chief.Microsoft issued a press release late Monday evening, saying that Steven Sinofsky, president of the Windows Division, will leave the company, effective immediately. Sinofsky had spent close to 25 years at Microsoft and developed a reputation as someone...

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Canada seen needing to spell out rules for natural gas projects

CALGARY, Alberta (Reuters) – The fate of a handful of liquefied natural gas projects planned for Canada’s Pacific coast may depend on the Canadian government‘s willingness to spell out rules for foreign investment in the country’s energy sector, according to a study released on Thursday.Apache Corp, Royal Dutch Shell Plc, Petronas, BG Group Plc and others...

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10 things you need to know today: November 11, 2012

Emails from Petraeus‘ mistress triggered investigation, the BBC’s chief resigns, and more in our roundup of the stories that are making news and driving opinion1. BIOGRAPHER’S EMAILS LED FBI TO PETRAEUS AFFAIRPaula Broadwell, the woman with whom CIA Director David Petraeus had an extramarital affair, leading to his sudden resignation on...

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