WASHINGTON (Reuters) – The acting head of the U.S. Justice Department’s Antitrust Division, Joseph Wayland, will step down as of November 16, a department spokeswoman said on Thursday.No one has been named to be the acting assistant attorney general for antitrust, said the spokeswoman, Gina Talamona.
The position has...
Nov
10
Justice Department antitrust chief Wayland to step down next week
Label: Technology
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Mick Jagger’s love letters to singer Marsha Hunt up for auction
Label: Lifestyle
(Reuters) – Love letters written by Rolling Stones frontman Mick Jagger to American singer Marsha Hunt, discussing poetry and his personal turmoil, will hit the auction block next month.Hunt, with whom Jagger had his first child, Karis, told Britain’s Guardian newspaper she was selling the letters, written in July and August 1969, because she had been...
States given more time to work on health exchanges
Label: Health
WASHINGTON (Reuters) – The Obama administration gave states extra time to work toward setting up new health insurance exchanges on Friday, days after President Barack Obama‘s re-election ensured the survival of his healthcare reform law.The move is seen as a concession to dozens of states that delayed compliance with the Patient Protection and Affordable...
Chevron appeals against freeze
Label: Business
9 November 2012 Last updated at 19:55 ETTwo Argentine subsidiaries of the oil company Chevron have appealed against a court order freezing up to $ 19bn (£11.9bn) of their assets.
A judge issued the order as part of an environmental damages claim in Ecuador.Chevron has been ordered to pay $ 19bn for polluting land in...
Twin explosions strike southern Syrian city
Label: World
BEIRUT (AP) — Syria‘s state-run news agency says two large explosions have struck the southern city of Daraa, causing multiple casualties and heavy material damage.SANA did not immediately give further information or say what the target of Saturday’s explosions was.
The Britain-based Syrian Observatory for Human Rights...
Nov
09
Icahn says has mulled Netflix takeover, no decision made
Label: Technology
(Reuters) – Activist investor Carl Icahn, who holds an almost 10 percent stake in Netflix, said on Thursday he has considered a hostile takeover bid for Netflix, but it was uncertain he stood a chance of acquiring the Internet streaming service.Asked by TV network CNBC whether he would “go hostile” on Netflix, Icahn said, “The thought had certainly entered...
Achilles Had Only 2 Heels
Label: Health
Recently, I came across the headline “Scientists Find Achilles’ Heel of Cancer Cells”, describing the discovery of a histone deactylase (HDAC11) as a novel target for cancer therapies. I was irritated by the metaphor of Achilles’ heel, because it implied that this was the lone vulnerability of cancer. I was also embarrassed by the fact that I used the...
HSBC investigates alleged loss of client data in Jersey
Label: Business
LONDON (Reuters) – HSBC, Europe’s biggest bank, said on Friday it was investigating the alleged loss of data for clients in Jersey but had not been notified of any investigation by tax authorities.The Daily Telegraph has reported that British tax authorities were examining details of more than 4,000 UK clients of HSBC in Jersey after a whistle-blower handed...
Assad says will live and die in Syria
Label: World
DOHA (Reuters) – President Bashar al-Assad said he would “live and die” in Syria and warned that any Western invasion to topple him would have catastrophic consequences for the Middle East and beyond.Assad’s defiant remarks coincided with a landmark meeting in Qatar on Thursday of Syria’s fractious opposition to hammer out an agreement on a new umbrella...
Nov
08
DoubleLine’s Gundlach says Apple may drop to $425/share: CNBC
Label: Technology
NEW YORK (Reuters) – Apple shares could come under further selling pressure and drop to $ 425 a share over the next year on lack of innovation, said Jeffrey Gundlach, chief investment officer and chief executive officer of DoubleLine Capital LP.Gundlach, who recommended betting against Apple in mid-May at the Ira Sohn Investment Conference in New York,...
Ex-oil man to be next Anglican leader: UK media
Label: Lifestyle
LONDON (Reuters) – A former oil executive who went to the same exclusive school as Prime Minister David Cameron will shortly be named Archbishop of Canterbury, spiritual leader of the world’s 80 million Anglicans, British newspapers said on Thursday.Justin Welby, 56, the Bishop of Durham, who has had a meteoric rise up the Church of England hierarchy since...
Novartis says may have 14 new blockbuster drugs by 2017
Label: Health
ZURICH (Reuters) – Novartis could produce 14 or more new big-selling ‘blockbuster’ drugs within five years as it bets on cancer, heart and respiratory treatments to fill the gaps left by expiries on current patents, the Swiss firm said on Thursday.Like many of its rivals, Novartis is facing headwinds as some of its top earners lose patent protection, particularly...
Stock futures rise after selloff, data on tap
Label: Business
NEW YORK (Reuters) – Stock index futures rose on Thursday ahead of job market data a day after major equity indexes posted their largest drops in months.Equities slumped more than 2 percent Wednesday as investor focus returned to Europe’s economic troubles and as the electoral victory by President Barack Obama turned markets’ focus to the looming “fiscal...
Ghana building collapse traps dozens, kills 1
Label: World
ACCRA, Ghana (AP) — A five-story shopping center built earlier this year in a bustling suburb of Ghana‘s capital collapsed Wednesday, killing at least one person and leaving several dozen people trapped in the rubble, authorities and eyewitnesses said.Rescue crews used cranes to try and remove debris from the top of the building amid fears that machinery...
CBS’s ‘Elementary’ gets prized post-Super Bowl slot
Label: Lifestyle
LOS ANGELES (TheWrap.com) – CBS’s freshman Sherlock Holmes drama “Elementary” will get a big boost in February, when it airs following Super Bowl XLVII, the network said Monday.The series, which stars Jonny Lee Miller and Lucy Liu, delivers a modern-day take on the Sherlock Holmes saga, with both the detective and his sidekick Watson living in contemporary...
Pfizer returns EU selling rights on Auxilium hand-disorder drug
Label: Health
(Reuters) – Auxilium Inc ended a marketing deal for its hand-disorder drug with Pfizer Inc, regaining the rights to sell the drug in Europe, and pushed up its 2012 revenue forecast to reflect deferred revenue from the termination of the deal.Pfizer, which had the right to negotiate marketing other Xiaflex indications in the European Union, will return...
Markets brush off Obama win amid gridlock concerns
Label: Business
LONDON (AP) — The re-election of President Barack Obama gave markets a short-lived boost Wednesday, before concerns over his ability to get a budget agreement from a divided Congress and more grim economic news out of Europe turned sentiment around.Obama easily clinched a majority in the electoral college, holding on to a raft of key swing states in Tuesday’s...
Canada firms to capitalize on nuclear trade with India
Label: World
NEW DELHI (Reuters) – Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.Once implemented, the agreement will end a ban on nuclear cooperation Canada imposed in 1976 after...
American composer Elliott Carter dies at age 103
Label: Lifestyle
(Reuters) – Classical composer Elliott Carter, who twice won Pulitzer Prizes in a career that spanned more than 75 years, died on Monday in New York at age 103, music publisher Boosey & Hawkes said.Carter was awarded Pulitzer Prizes in 1960 and 1973 for string quartet compositions. He composed 158 works, including several at over 100 years of age....
St Jude device lowers blood pressure in small study
Label: Health
(Reuters) – St Jude Medical Inc said on Monday its procedure that deadens nerves near the kidneys helped lower blood pressure in a small study of patients whose hypertension could not be controlled with drugs.Patients in the study who were treated with the Enlightn renal denervation system saw an average reduction of 28 points in systolic blood pressure,...
Ahead of the Bell: Express Scripts plummets
Label: Business
NEW YORK (AP) — Shares of Express Scripts slid in premarket trading Tuesday after the pharmacy benefits manager warned that persistent high joblessness and economic uncertainty would make 2013 more challenging, and expectations of Wall Street analysts were too high.Pharmacy benefits managers, or PBMs, run prescription drug plans for employers, insurers...
Nov
05
Sharon Osbourne has double mastectomy
Label: Lifestyle
LONDON (AP) — Sharon Osbourne says she had a double mastectomy after learning she carries a gene that increases the risk of developing breast cancer.Osbourne told Hello! magazine that “I didn’t want to live the rest of my life with that shadow hanging over me.”
The 60-year-old “America’s Got Talent” judge, who had colon...
UK service sector growth ‘slows’
Label: Business
5 November 2012 Last updated at 05:56 ETActivity in the UK service sector grew at its slowest pace in almost two years in October, a survey has suggested.
The PMI services index from Markit/CIPS fell to 50.6 from 52.2 in September. Any score above 50 indicates growth.Growth in new business eased, while employment in...
Nov
04
Red Cross’ App Helps Sandy Victims
Label: Technology
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App Name: Hurricane by The American Red CrossPrice: Free
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Available Platforms: iPhone, iPod Touch, iPad, (requires iOS 4.2 or later), and AndroidWhat does this app do? Millions remained without power and the death toll in New York City topped...
AnnaLynne McCord to get “Scorned” With Billy Zane in new thriller
Label: Lifestyle
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LOS ANGELES (TheWrap.com) – AnnaLynne McCord is about to become a woman “Scorned.”“90210″ star McCord has signed on for the revenge thriller “Scorned,” alongside “Titanic” star Billy Zane and Viva Bianca from Starz’s “Spartacus.”
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McCord and...
Anorexic Bakes to Gain Control Over Food
Label: Health
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Camilla Kuhns of Kirkland, Wash., makes the best cookies in the world. Ask anyone but her.Kuhns is a 29-year-old anorexic with a penchant for baking. She has never tasted one of her own confections. Her younger brother, Seth, samples dough and final products to let her know if anything is off, and her mother, Ilene,...
Comet gift vouchers are suspended
Label: Business
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4 November 2012 Last updated at 04:33 ET
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Comet customer: “It looks like a plague of locusts have been inside [the store] and cleaned the place out”
The administrators of the electrical retailer Comet have suspended the use of gift vouchers at the stores.
The shops have been open as usual over the weekend since administrators were called in on Friday.
The Comet website has returned in a slimmed down form, confirming store locations and answering questions about the administration.
There has been no sign of heavy discounting so far, but the website said a sale would be starting soon.
On the question of gift vouchers, it said: “The administrators are currently considering the position in relation to gift cards and gift vouchers and at this stage they cannot be used to pay for items.
“The administrators are reviewing this position urgently.”
Holders of gift vouchers would usually be considered as low priority creditors to a retailer going into administration, and would be unlikely to be able to use their vouchers.
The exception is when a chain is sold to new owners, who might decide to accept them as an act of goodwill to prevent the brand they have bought being tarnished.
The new website explained on its front page that administrators from Deloitte had been appointed.
Its question and answer section said that people who were waiting for items to be delivered that they had paid for would only be receiving those items if they were already in stock at a delivery centre.
“Where the item for an existing order is not currently in stock, this delivery cannot now be made,” it said.
BBC News – Business
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