HAVANA (AP) — Cuban lawmakers are holding the second of their twice-annual sessions with a year-end report expected on the state of the country’s economy.Legislators are also to approve next year’s budget.Cuban leaders have sometimes used the parliamentary gatherings to make important announcements or policy statements.Observers will be watching for word on the progress of President Raul Castro‘s...
Dec
12
Fandango launches Oscar-themed web series with Dave Karger
Label: TechnologyLOS ANGELES (TheWrap.com) – Fandango is elbowing into the Oscar horse race.The movie-ticket seller launched its first original digital video series Wednesday, “The Frontrunners,” which will cover the major contenders for the top awards. The show will feature conversations with a star-studded group of Oscar hunters that includes Richard Gere (“Arbitrage”), Amy Adams (“The Master”), Hugh Jackman (“Les...
Rock legends take to New York stage for storm Sandy victims
Label: LifestyleNEW YORK (Reuters) – Bruce Springsteen, the Rolling Stones and Alicia Keys were among the musical stars headlining an all-star benefit concert for victims of Superstorm Sandy on Wednesday, in what producers promised was “the greatest line-up of legends ever assembled on a stage.”Organizers said the “12-12-12″ concert at New York‘s Madison Square Garden was being distributed to nearly 2 billion people...
California governor treated for early-stage prostate cancer
Label: HealthSACRAMENTO (Reuters) – California Governor Jerry Brown is undergoing treatment for early-stage prostate cancer with an excellent prognosis for recovery, and the 74-year-old Democrat is expected to keep up a full work schedule, his office said on Wednesday.“Fortunately, this is early-stage localized prostate cancer, which is being treated with a short course of conventional radiotherapy,” Dr. Eric...
Fed ties rates to jobs recovery, adds to stimulus
Label: BusinessWASHINGTON (Reuters) – The U.S. Federal Reserve, announcing a new round of monetary stimulus, took the unprecedented step on Wednesday of indicating interest rates would remain near zero until unemployment falls to at least 6.5 percent.It was the latest in a series of unorthodox measures taken by central banks around the world to battle erratic, sub-par recoveries from the financial crisis and recession...
The Hobbit: Richard Armitage Talks Preparations For Playing Thorin Oakenshield
Label: WorldBritish actor Richard Armitage admitted it wasn’t a walk in the park to play a J.R.R. Tolkien character in Peter Jackson’s reimagining of “The Hobbit,” the first installment of which is on its way into theaters.Upon touching down in New Zealand, where the trilogy was shot, the cast had a lot of character preparation to do.PLAY IT NOW: Martin Freeman Discusses The Hobbit’s ‘Good Chemistry’ & Playing...
Dec
11
Panasonic may sell Sanyo digital camera business: source
Label: TechnologyTOKYO (Reuters) – Panasonic Corp may sell its Sanyo digital camera business to Japanese private equity fund Advantage Partners by the end of March, a source familiar with the plan said.A final decision on the sale will be made by the end of the year, the source said on condition he was not identified.Advantage Partners will pay several hundreds of millions of yen for the business, which makes digital...
QLT’s experimental eye drug could be worth “hundreds of millions”
Label: Health(Reuters) – Canadian eye drug developer QLT Inc’s synthetic retinoid program, an experimental treatment for some inherited eye diseases that can cause blindness, could be worth “hundreds of millions” of dollars, the company‘s chairman said.Several potential buyers have approached QLT for the program — its only remaining product after it sold its eye drug, Visudyne, to Valeant Pharmaceuticals International...
Oil price rises on Fed stimulus hopes
Label: BusinessBANGKOK (AP) — The price of oil rose Wednesday as investors anticipated that new measures to perk up the U.S. economy will be announced at the end of the Federal Reserve‘s policy meeting.Benchmark crude for January delivery was up 8 cents to $ 85.87 per barrel at midday Bangkok time on the New York Mercantile Exchange. The contract rose 23 cents to finish at $ 85.79 per barrel in New York on Tuesday....
Corruption probe shrouds Quebec in new darkness
Label: WorldMONTREAL (Reuters) – Half a century ago, a new crop of Quebec leaders sparked the so-called Quiet Revolution to eradicate the “Great Darkness” – decades of corruption that kept Canada‘s French-speaking province under the dominance of one party and the Catholic church.The revolution’s reforms, including cleaning up the way lawmakers were elected and secularizing the education system, seemed to work,...
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