WASHINGTON — President Obama’s finance team is offering corporations and other institutions that contribute $1 million exclusive access to an array of inaugural festivities, including tickets to a “benefactors reception,” a children’s concert, a candlelight celebration at the National Building Museum, two reserved parade bleacher seats and four tickets to the president’s official inaugural ball. ...
Exclusive: Google to replace M&A chief
Labels: TechnologySAN FRANCISCO (Reuters) - Google Inc is replacing the head of its in-house mergers and acquisitions group, David Lawee, with one of its top lawyers, according to a person familiar with the matter. Don Harrison, a high-ranking lawyer at Google, will replace Lawee as head of the Internet search company's corporate development group, which oversees mergers and acquisitions, said the source,...
Rolling Stones hit NY for 50th anniversary gig
Labels: LifestyleNEW YORK (AP) — "Time Waits for No One," the Rolling Stones sang in 1974, but lately it's seemed like that grizzled quartet does indeed have some sort of exemption from the ravages of time.At an average age of 68-plus years, the British rockers are clearly in fighting form, sounding tight, focused and truly ready for the spotlight at a rapturously received pair of London concerts last month.On Saturday,...
Dec
07
Job Growth Is Steady Despite Storm and Fiscal Impasse
Labels: WorldA Lower Than Expected Jobless Rate: The U.S. Labor Department reports a sharper increase in job creation than economists had been expecting.Shaking off the effects of Hurricane Sandy and the looming fiscal impasse in Washington, the economy created 146,000 jobs in November, well above the level economists had been expecting. Source: Bureau of Labor Statistics The report released Friday by...
Italian tax police visit Facebook's Milan offices
Labels: TechnologyMILAN (Reuters) - Italian police have been carrying out checks at the Milan offices of Facebook to assess whether it regularly declared its income in Italy, an investigative source and the U.S. company said on Friday. Italian officials have stepped up their efforts to collect taxes in recent months and have already targeted other big corporate names such as Google to check whether they...
Hospital: Nurse involved in Kate hoax call dies
Labels: LifestyleLONDON (AP) — A nurse who fell victim to a prank telephone call seeking information about the pregnant Duchess of Cambridge has died, the London hospital where she worked reported Friday.The King Edward VII hospital said nurse Jacintha Saldanha took the hoax call by two Australian radio disc jockeys who impersonated Queen Elizabeth II and Prince Charles early Tuesday to elicit private information...
Dec
06
Resignations Continue in Egypt as Tanks Deploy Around Presidential Palace
Labels: WorldCAIRO — Resignations rocked the government of President Mohamed Morsi on Thursday as tanks from the special presidential guard took up positions around his palace and the state television headquarters after a night of street fighting between his Islamist supporters and their secular opponents that left at least 6 dead and 450 wounded. The director of state broadcasting resigned Thursday,...
Apple's market cap falls below $500 billion as shares keep falling
Labels: TechnologyNEW YORK (Reuters) - Apple's market capitalization fell below $500 billion on Thursday as shares of the world's most valuable listed company continued to slide after suffering their worst one-day decline in nearly four years. Shares of Apple Inc fell to as low as $518.63 on Thursday, declining nearly 10 percent for the week. But for the year, the stock is still up more than 30 percent....
Individuality takes center stage at Grammys
Labels: LifestyleFun. helped break up the sound of dance and electronic music on Top 40 radio with its edgy pop-rock grooves. Frank Ocean made a bold statement in R&B — with an announcement about his sexuality and with his critically revered, multi-genre album, "channel ORANGE." And Mumford & Sons continued to bring its folk-rock swag and style to the Billboard charts with its sophomore album.They all were...
Extended Use of Breast Cancer Drug Suggested
Labels: HealthThe widely prescribed drug tamoxifen already plays a major role in reducing the risk of death from breast cancer. But a new study suggests that women should be taking the drug for twice as long as is now customary, a finding that could upend the standard that has been in place for about 15 years. In the study, patients who continued taking tamoxifen for 10 years were less likely to have...
Dec
05
Dave Brubeck, Accessible Jazz Innovator, Dies at 91
Labels: WorldHARTFORD, Conn. (AP) — Jazz composer and pianist Dave Brubeck, whose pioneering style in pieces such as "Take Five" caught listeners' ears with exotic, challenging rhythms, has died. He was 91. Brubeck died Wednesday morning at Norwalk Hospital of heart failure after being stricken while on his way to a cardiology appointment with his son Darius, said his manager Russell Gloyd. Brubeck would...
Apple shares tumble 4 percent in heavy trade
Labels: TechnologyNEW YORK/SAN FRANCISCO (Reuters) - Shares of Apple Inc tumbled nearly 4 percent on Wednesday, rounding off a bleak ten weeks for the most valuable U.S. company, with analysts citing factors such as increasing competition in the tablet market. The stock was one of the biggest percentage losers on the S&P 500, dropping 5.2 percent to $545.56 at one point as more than 17 million shares...
Let the debate end: Grammy noms anybody's guess
Labels: LifestyleNASHVILLE, Tenn. (AP) — It's a brutal year to be in the Grammy nominations handicapping game.Sure, there are a few safe bets. Mumford & Sons and Frank Ocean are expected to take a share of nominations when they're announced Wednesday night on national television during "The Grammy Nominations Concert Live!" in Nashville.And popular songs by Gotye, fun., Taylor Swift and Carly Rae Jepsen may land...
Well: New Meaning and Drive in Life After Cancer
Labels: HealthWhen people hear the words “You have cancer,” life is suddenly divided into distinct parts. There was their life before cancer, and then there is life after cancer.The number of people in that second category continues to grow. In June, the National Cancer Institute reported that an estimated 13.7 million living Americans are cancer survivors, and the number will increase to almost 18 million over...
Starbucks to Open Another 1,500 Cafes in the U.S.
Labels: BusinessNEW YORK (AP) — Another Starbucks may soon pop up around the corner, with the world's biggest coffee company planning to add at least 1,500 cafes in the U.S. over the next five years. The plan, which would boost the number of Starbucks cafes in the country by about 13 percent, was announced at the company's investor day in New York Wednesday. Taking into account Canada and South America,...
Dec
04
Egyptians Protesting Draft Constitution Are Met With Tear Gas
Labels: WorldCAIRO — Egyptian riot police fired tear gas Tuesday night at tens of thousands of demonstrators who were converging on the presidential palace in Cairo to protest the country’s new draft constitution, which was rushed to completion last week by an assembly dominated by Islamists. It was the first time that the government of Mohamed Morsi, Egypt’s first democratically elected president, has...
EMC, VMware to merge data and cloud app assets into new group
Labels: Technology(Reuters) - EMC Corp, the world's leading maker of corporate data storage equipment, and its publicly-traded subsidiary, software maker VMware Inc, are planning to merge their data analytics and cloud application assets, EMC said on its website. EMC said on Tuesday the companies expect to combine a number of divisions into the new group - called the Pivotal Initiative - by the second...
Fleetwood Mac readies tour and new music
Labels: LifestyleNEW YORK (AP) — Fleetwood Mac is heading back on the road, and that means the top-selling group will release new music — sort of.On its 34-city North American tour, which kicks off April 4 in Columbus, Ohio, the band will perform two new songs, and it could mean a new album will follow. Or not.Stevie Nicks recently sang on tracks that Lindsey Buckingham, Mick Fleetwood and John McVie worked on, calling...
Sign Language Researchers Broaden Science Lexicon
Labels: HealthImagine trying to learn biology without ever using the word “organism.” Or studying to become a botanist when the only way of referring to photosynthesis is to spell the word out, letter by painstaking letter. For deaf students, this game of scientific Password has long been the daily classroom and laboratory experience. Words like “organism” and “photosynthesis” — to say nothing of more...
Republicans Balk at Obama’s Short-Term Stimulus
Labels: BusinessWASHINGTON — Republicans and Democrats are struggling to find common ground on a long-term debt deal. But as economic growth has weakened this quarter, they are at odds over what the flagging recovery needs in the immediate future, too. The Obama administration is arguing that the sluggish economy requires a shot in the arm, and it included tens of billions of dollars of little-noticed stimulus...
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