Breaking Business News

Board approves News Corp split into two entities

WASHINGTON - Rupert Murdoch's News Corporation Friday announced the planned separation of the $76-billion conglomerate into two distinct publicly traded companies, with one to be renamed 21st Century Fox and the publishing firm to retain the News Corp brand. The split has been formally approved by the Board of Directors. The Company announced appointments to the Boards of Directors of both ...
China to allow US auditors access to records of Chinese firms

BEIJING - Chinese regulators Friday announced that they have signed a memorandum of understanding with their US counterparts giving American authorities increased access to documents from Chinese audit firms. The signing of the MOU between China Securities Regulatory Commission (CSRC), the Ministry of Finance (MOF) and the US Public Company Accounting Oversight Board (PCAOB) is a significant ...
Croatia looking to oil exploration in Adriatic Sea to revive economy

ZAGREB/LONDON - Croatia, soon to become the 28th member of the European Union,- is looking to undiscovered oil and gas fields in the Adriatic Sea to revive its ailing economy, according to the country's president. Ivo Josipovic told CNN that Croatia is searching for partners in the energy sector to help reveal oil and gas "green fields" in the waters that separate the Balkan nations and ...
Amazon ventures into fan fiction promotion

WASHINGTON - Amazon, the largest online retailer of books, movies, music and games, Friday offered its Kindle e-book platform to fan fiction authors to sell some of their work. Fan fiction is literature inspired by popular books, shows, movies, comics, music, and games. Publication outside of blogs and online fanzines is often difficult because of copyright issues. Amazon Publishing has ...
China central bank report promises financial sector reforms

BEIJING - China is planning to steadily push forward market-oriented reform in its interest rates and exchange rates mechanisms this year as part of the financial sector reforms to better serve the real economy, a central bank report said on Friday. The "China Financial Stability Report (2013) released by the People's Bank of China stressed that it would be steadily promoting the interest ...

Movie Review

Meet the Parents [DVD]

For Greg Focker (Ben Stiller), the earnest, put-upon hero of Meet the Parents, absolutely nothing goes right from the very beginning. First of all, his attempt to propose to his girlfriend, Pam (Teri Polo), is interrupted by a cell phone call from Pam's sister, Debbie (Nicole DeHuff), that she just got engaged and will be getting married in two weeks. Greg decides to hold off on ... ...

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Royalty Pharma takeover bid fails to find Elan ecceptance

DUBLIN/ WASHINGTON Ireland-based biotechnology firm Elan Thursday rejected Royalty Pharma's increased $6.4 billion takeover bid, shortly after the U.S. firm cut the acceptance bar for its latest offer to 50 percent plus one share. Royalty raised its hostile cash bid to $12.50 per share on Monday, from $11.25 previously, but made the new offer conditional on Elan shareholders rejecting, at a ...
UK urged by IMF to bring forward high value spending

LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...
Shareholders are flexing muscles over issue of high executive pay packages

A consultant advised shareholders to vote “no” this year on Coca-Cola CEO Muhtar Kent’s $30.5 million pay package. The company responded with a plan to cap bonus awards if stock returns are ...
Top UCSD center named Qualcomm Institute

A University of California San Diego institute that's emerged as a leader in finding better ways for people to communicate, stay healthy and protect the environment was named Friday after its largest benefactor, chipmaker ...
Stocks to Watch Stocks to watch Tiffany United Natural Foods

SAN FRANCISCO (MarketWatch) -- Tiffany & Co. and United Natural Foods will be among the stocks to watch Tuesday after the three-day holiday ...

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Reported in the press

We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.

Barack Obama

The U.S. president was speaking on his administration's counter terrorism policy.

Hotel Review

Hilton San Diego Airport/Harbor Island

The hotel is easy to locate although coming off Highway 405 South there is no indicattion that the Downtown exits ...

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Record Your Vote

The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?

Sierra Leone Times

Sierra Leone Times – Independent Sierra Leone News Source

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Security Council welcomes agreement by Guineans to resolve differences peacefully

29 April 2013 150 The Security Council today welcomed the joint declaration of non-violence signed last week in Conakry between the main Guinean stakeholders in which they committed themselves to resolve all differences exclusively through peaceful means.

In a statement issued to the press, the 15-member Council also welcomed the declaration by President Alpha Cond233; whereby he expressed his readiness to ensure the transparency and the credibility of the electoral process, and committed himself to accepting the results of the upcoming legislative elections.

In March, protests in the West African nation related to the polls led to several deaths and hundreds of injuries. At that time, both Secretary-General Ban Ki-moon and the UN human rights office appealed for calm amid the violence and urged political actors in Guinea to pursue dialogue to create conditions for peaceful elections.

The Council, which was briefed last Thursday on the situation in Guinea by Under-Secretary-General for Political Affairs Jeffrey Feltman, expressed its concern over the "volatile situation" in the country.

"The members of the Security Council deplored the violent incidents that occurred during the demonstrations in Conakry on 25 April 2013, which resulted in the death of one person and injured a number of others. ...