More From IBT Staff Reporter
Asian shares fall as Fed rally runs out of steam
Asian shares fell on Wednesday as a rally fueled by speculation that the Federal Reserve may signal further moves to support the struggling U.S. economy swiftly petered out, while gold rebounded from its sharpest one-day slide in 18 months.
Aug 24, 2011
George Michael Reveals Secret Split from Longtime Partner
Singer George Michael told fans that he has split with longtime partner Kenny Goss. The couple went their separate ways more than two years ago but kept news of their separation under wraps.
Aug 24, 2011
Moody's cuts Japan rating one notch
Moody's Investors Service cut its rating on Japan's government debt by one notch to AA3 on Wednesday, blaming a build-up of debt since the 2009 global recession and the revolving-door leadership that has hampered effective economic strategies.
Aug 24, 2011
Number of Women Working in TV Takes a Tumble, Study Says
The job market might be tight for everyone, but when it comes to women working in the television industry, times are especially tough.
Aug 24, 2011
New MSNBC host Al Sharpton speaks out about new gig
When MSNBC CEO Phil Griffin announced Tuesday that Al Sharpton would be taking over the 6 p.m. slot with the new show Politics Nation, he spoke about the decade-long relationship he has developed with the minister and civil rights activist.
Aug 24, 2011
Ben Affleck a triple threat in Line of Sight
Ben Affleck is attached to produce, star in and direct Line of Sight, a thriller now in development at Warner Bros., TheWrap has confirmed.
Aug 24, 2011
Lady Gaga gets drawn into The Simpsons
If Lady Gaga's public persona seems a little cartoonish already, you haven't seen anything yet.
Aug 24, 2011
Disney axes Marvel's marketing department: report
Entertainment conglomerate Walt Disney Co axed Marvel Studios' marketing department as it seeks to cut film costs in a move that comes right after the company showcased The Avengers, Marvel's first movie under Disney, at their fan D23 convention over the weekend, Bloomberg said.
Aug 24, 2011
Stephen Malkmus' 'Mirror' defies nostalgia
When Pavement reunited for a series of major shows in 2010 after splitting a decade earlier, frontman Stephen Malkmus indicated that it was a one-time affair, and nothing he's said since has afforded any more hope to the indie nation that continues to venerate the '90s band. End of the asphalt -- for real? Apparently.
Aug 24, 2011
AEG Enters Competition with Live Nation Ticketmaster
Anschutz Entertainment Group, a behemoth in the world of sports and entertainment events and venues, has officially entered competition with Live Nation’s Ticketmaster in the ticketing market.
Aug 24, 2011
U.S. authorities arrest man in 1999 Canada slaying
A truck driver featured on the America's Most Wanted TV show has been arrested in California over the 1999 killing of his ex-girlfriend in Canada, U.S. authorities said on Tuesday.
Aug 24, 2011
Ben Stiller Wins BAFTA/LA's Britannia Award for Comedy
The British Academy of Film and Television Arts Los Angeles has named Ben Stiller recipient of the Charlie Chaplin Britannia Award for Excellence in Comedy, BAFTA Los Angeles announced on Tuesday.
Aug 24, 2011
Edward Zwick to direct Legendary East's first project
Edward Zwick has signed on to direct Legendary East's first project, The Great Wall, the company said Tuesday.
Aug 24, 2011
Larry Flynt offers Hustler Apparel to The Situation
Typically, Larry Flynt spends most of his time, effort and money getting people out of their clothes. In the case of Mike The Situation Sorrentino, he'll make an exception.
Aug 24, 2011
Real Housewives of New York City's 5th season delayed
These are uneasy times for Bravo's Real Housewives reality-TV juggernaut.
Aug 24, 2011
Dwayne Johnson and Jerry Bruckheimer team with NBC
NBC can smell what the Rock -- and Jerry Bruckheimer -- are cooking.
Aug 24, 2011
Tony Bennett, MTV to pay tribute to Amy Winehouse
Tony Bennett will pay tribute to late singer Amy Winehouse during a special segment of the 2011 MTV Video Music Awards on August 28, the network announced Tuesday.
Aug 24, 2011
Quake Bolsters Calls for Public Safety Wireless Network
Disruption of cell phone service by a rare East Coast earthquake on Tuesday prompted renewed calls for Congress and regulators to provide a dedicated wireless network for emergency workers.
Aug 24, 2011
Exclusive: Apple readies cheaper iPhone for growth markets
Apple Inc will release a cheaper iPhone 4 within weeks, jeopardizing profit margins to win lower-end customers from rivals such as Nokia in China and other emerging markets.
Aug 24, 2011
Strauss-Kahn Sexual Assault Case Dsmissed
A New York judge dropped all criminal sexual assault charges against ex-IMF chief Dominique Strauss-Kahn on Tuesday, leaving him free to return to Franceand rebuild a shattered career.
Aug 23, 2011
Rare Strong Quake Rattles U.S. East Coast
A strong earthquake rattled the U.S. East Coast on Tuesday, sending tremors as far as Canada, shaking the nation's capital and scaring thousands of office workers who fled onto the streets.
Aug 23, 2011
Virginia Earthquake Rocks East Coast August 23, Second Fukushima Averted
The August 23 Virginia Earthquake, the most massive earthquake to hit the East Coast in 67 years, made the United States question the safety of its nuclear power plants Tuesday. The earthquake, a 5.8 on the Richter scale, was only a few miles from the North Anna nuclear power plant.
Aug 23, 2011
Indian Government Seeks Compromise with Hazare
The Indian government Tuesday stepped its up efforts to end national anti-corruption protests led by an activist's hunger strike, but the first meetings to broker a truce ended without result.
Aug 23, 2011
‘Hot Sauce’ Mom Convicted of Child Abuse
An Alaska woman who punished her adopted son with hot sauce and cold shower was convicted of one misdemeanor count of child abuse Tuesday.
Aug 23, 2011
Oil Price Outlook sours, Citi Sees 20 pct Fall
Several major banks cut sharply their oil price forecasts on Tuesday, with Citigroup saying that even if the United States printed more money, oil would stay depressed by weak economic growth and fresh supplies from Libya.
Aug 23, 2011
Asian Shares Rise on Hopes of More Fed Support
Asian shares rose on Wednesday as speculation the Federal Reserve may signal further moves to support the struggling U.S. economy sustained a modest rebound from this month's sharp sell-off.
Aug 23, 2011
Samsung targets emerging smartphone markets
Samsung Electronics unveiled on Wednesday four new smartphone models under its flagship Galaxy line to expand it to the mid to low-end segment and grow in emerging markets, as bigger rival Apple prepares a cheaper version of the iPhone 4.
Aug 23, 2011
Moody's Cuts Japan Rating by One Notch to AA3
Moody's Investors Service cut its rating on Japan's government debt by one notch to AA3 on Wednesday, blaming large budget deficits and a buildup of debt since the 2009 global recession.
Aug 23, 2011
Climate Scientist Cleared by NSF, No Evidence of Misconduct
The National Science Foundation said that they found no evidence of research misconduct from Pennsylvania State University climatologist Michael Mann. The climatologist is being simultaneously attacked by climate change skeptics urging him to decrease emission of greenhouse gases.
Aug 23, 2011
FDIC has to face $10 billion WaMu-related lawsuit
A federal judge ruled that the Federal Deposit Insurance Corp has to face a $10 billion lawsuit tied to the failure of Washington Mutual Bank.
Aug 23, 2011
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