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UPDATE 1-Lawsuits over Wachovia collapse thrown out

wachovia NEW YORK, A Manhattan federal judge has dismissed three shareholder lawsuits accusing Wachovia Corp and its former executives of lying about the bank’s exposure to risky mortgage loans, which caused its near collapse.   “Bad judgment and poor management are not fraud, even when... [Read More]

Afrojack feat Eva Simons – Take Over Control OUT NOW

The brand new video from Ministry of Sound, this is Afrojack feat Eva Simons – Take Over Control, and it’s out now!  ...

Watson, Haddin guide Oz to 7-wicket win over new zealand

Shane Watson Openers Shane Watson and Brad Haddin hit half centuries to take World Cup holder Australia to a resounding seven-wicket win over New Zealand on Friday. Chasing New Zealand’s 206 all out, Watson struck 62 from 61 balls and Haddin hit 55 from 50 to help Australia to 207-3 with 16 overs... [Read More]

UN Security Council struggles over action in Libya

libya-map An emergency session produced no action, not even a legally binding resolution: only the Council’s weakest form of expression, a press statement. Here at the UN, however, Western diplomats were flush with the triumph of finally getting the Council to address at least one of the revolts... [Read More]

Two and a Half Men cancelled over Charlie Sheen’s rant

Two and a Half Men Bad news for fans of Two and a Half Men sitcom.Warner Bros has cancelled the show citing the behaviour and remarks of series star Charlie Sheen.According to the Hollywood Reporter, the move comes after Sheen ranted about the show’s creator Chuck Lorre in a radio podcast.Sheen... [Read More]

After violent clashes broke out between pro and anti Hosni Mubarak supporters over the president’s refusal to step down immediately, leaving at least three people dead and over 600 others injured in Cairo

Tahrir Supporters of Hosni Mubarak on Thursday fired at anti-government protesters in the Egyptian capital’s Tahrir Square, killing at least six people, as violence escalated just a day before the opposition’s proposed massive rally to oust the embattled president.Still reeling from Wednesday’s... [Read More]

The names of 2,000 secret account holders in Swiss banks, including individuals and corporates from the UK, Asia and the US, were on Monday handed over by a former banker to WikiLeaks.

rudolf-elmer The names of 2,000 secret account holders in Swiss banks, including individuals and corporates from the UK, Asia and the US, were on Monday handed over by a former banker to WikiLeaks. Rudolf Elmer, a former employee of Switzerland-based Bank Julius Baer, said these rich account holders... [Read More]

Renault to file charges over secrets leak

renault09 Renault says a spy network has stolen secrets relating to electric vehicles but the French government has shied away from pointing the finger at China. The French carmaker will file charges this week, possibly on Tuesday, against three executives suspended a week ago on suspicion of passing... [Read More]

Shocking! Over 215 million children work as labourers!

01child14 ‘Our greatest natural resource is the minds of our children.’  — Walt Disney Today, December 2, is the International Day for the Abolition of Slavery.This day recalls the date of the adoption of the United Nations Convention for the Suppression of the Traffic in Persons... [Read More]

President Lee Myung-bak on Monday condemned North Korea’s deadly shelling of a South Korean border island as an “inhumane crime”

Delivering a televised speech to the nation, Lee offered a rare public apology for the government’s much-criticized response to a rain of North Korean artillery shells on Yeonpyeong Island near the tense Yellow Sea border on Nov. 23. President Lee Myung-bak speaks in a televised speech. The president... [Read More]

Lakers begin season with a peppy rally and a win over Rockets

Shannon Brown, Steve Blake come off the bench to spark a 112-110 victory over Houston. Pau Gasol has 29 points and 11 rebounds while Kobe Bryant adds 27 points. The ring ceremony was dramatic and emotional, as such things often tend to be, but the Lakers weren’t done providing the crowd with its... [Read More]

President Hamid Karzai had said that he received “bags of cash” from Iran and the United States.

27sld1 The White House on Tuesday said it does not indulge in cash transactions in Afghanistan and all its assistance to the war-torn country is accountable to the Congress, after Afghan President Hamid Karzai had said that he received “bags of cash” from Iran and the United States. “We... [Read More]

U.S. swimmer’s body to be handed over to U.S. authorities

U.S. Swimming Federation authorities expect to receive the body of Fran Crippen Monday. The star open-water swimmer died Saturday during the last leg of the Marathon Swimming World Cup in the United Arab Emirates. “In respect for his memory” the International Swimming Federation (FINA) cancelled... [Read More]

French protesters block airports, clash with police amid tensions over raising retirement age

Workers opposed to raising France’s retirement age have blocked access to airports in Paris and around the country, while hooded youths smashed store windows amid clouds of tear gas. Riot police in black body armor on Wednesday forced striking workers away from blocked fuel depots in western France,... [Read More]

Sachin: Hard work is not over yet

sachin Sachin Tendulkar, who completed his 48th Test century against Sri Lanka believes that there is still a lot of work that needs to be done in the second Test match. Tendulkar said that the conditions were ideal for batting but with increasing humidity and body cramps, it was tough for him to concentrate... [Read More]

Despicable Me Takes Over the Weekend Box Office with $60 Million

It was another solid weekend for Hollywood, with a slew of studio blockbusters keeping audiences entertained (and in air-conditioned theaters) in this post-July 4th weekend.  The box office estimates for this weekend’s top five films come from Hollywood.com‘s own Paul Dergarabedian,... [Read More]

Toy Story 3 is an overwhelming success

toy story Animation, particularly when it comes out of the Disney/Pixar stable, is one of those areas of filmmaking that regularly inspires the phrase “They don’t make them like they used to.” In the case of Toy Story 3, however, it’s more accurate to say, “They have never... [Read More]

Serpentine sees red over pavilion

he pavilion opens to the public on Saturday The Serpentine Gallery’s summer pavilion, designed by world-renowned French architect Jean Nouvel, has been unveiled. The huge red geometric structure is the 10th commission in the London gallery’s annual architectural series. It is filled... [Read More]