Global News

"All good things come to an end! Given the circumstances, it may hold true for Fox, ESPN and Turner but certainly not for Major League Baseball."

"British-American musician Saul Hudson, better known by his stage name Slash, on Tuesday received a star on the Walk of Fame. Unveiling his star Hudson said that he have been a been a part of the Hollywood fabric for a long time and being appreciated by the city of Hollywood is a huge honor for him. He thanked everybody for the honor."

"Trelleborg Sealing Solutions introduces the unique Rubore® composite technology to its product portfolio. Focusing on automotive applications, the innovative manufacturing process allows the development of components that offer significant weight-savings and unrivalled total cost reduction. "

"Reality television show 'Big Brother' has come under the scanner of Britain's television regulator, OFCOM after a flurry of complaints against the British version of the show."

"Tony award winning actress, Nina Arianda, who shot to fame by playing Vanda in the sex comedy 'Venus In Fur', may play the part of the late rock singer Janis Joplin in the biographical movie directed by Sean Durkin, a spokesman for the director said on Tuesday."

"One of the most destructive factors affecting the lifestyles of a large number of people reported by Entertainment news channels is alcoholism and is responsible for more than 33,000 deaths per year in UK alone as it consequently leads to liver damage. It also affects the metal health of the people who are addicted to the habit. People who have such a lifestyle find themselves going into regular isolation and depression. The other factors recounted on paid press release distribution are saturated fat consumption and consumption of soft drinks on regular basis. They are also affecting the lifestyles of many young men and women. "

"Bankrupt aircraft maker Hawker Beechcraft Inc said it was in exclusive talks with a Chinese aerospace firm Superior Aviation Beijing over a sale of the company for $1.79 billion."

"Looks like comedian Ricky Gervais' new talent could not get the eyes rolling unlike his acting skills. The painting by the actor could not find any suitable buyer when it went under hammer in Inverness, Scotland on Saturday. 'The Officer' star donated the canvas depicting the New York skyline backed by a flame red sky to sell at the charity auction in order to raise some cash for Maggie's Caring Cancer Centres."

"Alcoa Inc reported second-quarter earnings and revenue that beat analysts' estimates after an increase in orders from the auto and aerospace industries."

"Hip-hop star Missy Elliott has become embroiled in a legal battle over a luxury sportscar,Lamborghini. Hip-hop star Missy Elliott is in trouble with law over a luxury sportscar. According to the rapper, she bought a Lamborghini for $376,000 from car dealership in the US in 2011 and handed over $30,000 and her $85,000 Bentley as a down payment. But, the new car was never delivered to her."

"Actress Julianna Margulies is facing a lawsuit from her former management team amid allegations she reneged on a deal to pay them commission. 'The Good Wife' actress, Julianna Margulies, is being sued by her former representatives amid allegations that she defaulted on the agreement that made it perquisite on her part to pay 10 percent commission to her agents for any deal they brought to the actress."

"After giving birth to twins and hitting the studio for recording her new song, singer Mariah Carey is looking forward to a much needed break this summer. The singer and her rapper hubby Nick Cannon are renting a vacation home in The Hamptons in Long Island, New York for $150,000-a-month."

"Valuing emerging biotech or healthcare companies exclusively based on past performance is like valuing an MBA prospect by little league performance. From developing a blockbuster product (good) to product recalls (bad), revenue can take off in any direction for healthcare. At the same time, my research has shown that the positives outweigh the negatives with a strong margin of safety. Thus, the industry, as a whole, appears to be trading well below intrinsic value - an opinion that is shared by the Russell 1000 Value Index Fund, whose 2nd largest holding is in healthcare."

"R&B singer and rapper Chris Brown scored his first British number one album on Sunday as his new release 'Fortune' span to the top of the UK charts. "

"Academy award winning actress Angelina Jolie, who endeared herself to the Bosnian masses with her directorial debut 'In the Land of Blood and Honey', was made the honorary citizen of Bosnia. The former UNHCR Goodwill Ambassador received the honor at the the 18th Sarajevo Film Festival on Saturday."

"Samsung Electronics Co is planning to release a tablet featuring Microsoft Corp's (NASDAQ: MSFT) Windows RT software when the operating system is launched. Windows RT devices are likely to be released in October but Samsung has already made a handheld computer built on this device that works on ARM Holdings Plc (NASDAQ: ARMH) technology."

"The US dollar advanced the most against the euro in 10 months as the ECB said that the euro region still faces risks. It is felt that the interest-rate cuts by ECB may not be enough to control the debt crisis in the euro bloc. "

"A boardroom coup at the newly merged utility company led to the ousting of CEO Bill Johnson and the appointment of Jim Rogers, who was at the helm of Duke before the merger. Progress Energy's directors have severely criticized the move. "

"UK's Serious Fraud Office said that it will now be investigating the Libor scandal, widening its scope and opening the potential for criminal charges against individuals."

"The shares of Acme Packet Inc dropped 16 percent as it forecast quarterly results that fell far short of expectations, amid a broad selloff in the technology sector. It said that lower forecast was the result of continued weakness in its North American business."