Dec
22

Red Hat shares up on acquisition and 3Q results

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Red Hat Inc.‘s shares jumped Friday on the software company‘s solid third-quarter results and plans to acquire cloud-based software company ManageIQ.THE SPARK: Red Hat said late Thursday that it would buy privately held ManageIQ for $ 104 million in cash.The Raleigh, N.C., company also reported that it earned 29 cents per share for its fiscal third quarter on an adjusted basis, up a penny from the...
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Ashton Kutcher files for divorce from Demi Moore

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LOS ANGELES (AP) — Ashton Kutcher filed court papers Friday to end his seven-year marriage to actress Demi Moore.The actor's divorce petition cites irreconcilable differences and does not list a date that the couple separated. Moore announced last year that she was ending her marriage to the actor 15 years her junior, but she never filed a petition.Kutcher's filing does not indicate that the couple...
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Afghan leader: Foreigners to blame for corruption

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KABUL, Afghanistan (AP) — Afghanistan's president has charged the countries that fund his government and military with enabling the widespread corruption that undermines his efforts to establish rule of law in the war-wracked country.Afghan President Hamid Karzai said in a nationally televised speech Saturday that the Afghan government has been making strides in cleaning up corruption within its own...
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AP IMPACT: Big Pharma cashes in on HGH abuse

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A federal crackdown on illicit foreign supplies of human growth hormone has failed to stop rampant misuse, and instead has driven record sales of the drug by some of the world's biggest pharmaceutical companies, an Associated Press investigation shows.The crackdown, which began in 2006, reduced the illegal flow of unregulated supplies from China, India and Mexico.But since then, Big Pharma has been...
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NRA move exposes deep divide on guns

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WASHINGTON (Reuters) - Any chance for national unity on U.S. gun violence appeared to wane a week after the Connecticut school massacre, as the powerful NRA gun rights lobby called on Friday for armed guards in every school and gun-control advocates vehemently rejected the proposal. The solution offered by the National Rifle Association defied a push by President Barack Obama for new...
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Dec
21

Insiders steal a march in leak prone Asian markets

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SINGAPORE (Reuters) – When South Korean automaker Hyundai Motor Co announced last month it had overstated the fuel efficiency levels on around one million of its cars in the United States and Canada some investors were left fuming more than others.Some had already sold their shares before the announcement on November 2. The stock fell 4 percent on November 1 with about 2.2 million shares changing...
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Marilyn Monroe subway grate photo on view in NYC

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NEW YORK (AP) — A famous image of Marilyn Monroe with her skirt billowing atop a New York City subway grate is on display in a picture-perfect spot: outside the Times Square subway station.The supersized version of Sam Shaw's well-known picture is part of an exhibit. The exhibit also features eight of Shaw's other Monroe pictures, on view inside the 42nd Street-Bryant Park station on the B, D, F,...
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AP PHOTOS: A photo journey through N.Korea

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PYONGYANG, North Korea (AP) — My window on North Korea is sometimes, quite literally, a window — of a hotel room, the backseat of a car, a train. Fleeting moments of daily life present themselves suddenly, and they are opportunities to show a side of the country that is entirely at odds with the official portrait of marching troops and tightly coordinated pomp that the Pyongyang leadership presents...
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AP IMPACT: Big Pharma cashes in on HGH abuse

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An Associated Press investigation shows that a federal crackdown on illicit foreign supplies of human growth hormone has failed to stop rampant misuse, and instead has driven record sales of the drug by some of the world's biggest pharmaceutical companies.The crackdown, which began in 2006, reduced the illegal flow of unregulated supplies from China, India and Mexico. But since then, Big Pharma has...
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Boehner suffers major 'fiscal cliff' setback

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House Speaker Rep. John Boehner, R-Ohio, speaks to the media about the fiscal cliff at the U.S. Capitol in Washington. …In a stinging setback for Republican House Speaker John Boehner, a lack of support from inside his own party for his “fiscal cliff” fall-back plan forced him late Thursday to cancel a much-trumpeted vote on the measure.“The House did not take up the tax measure today because...
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