Bertarelli defends Alinghi engine to trim sails LE BOUVERET, Switzerland ? Alinghi boss Ernesto Bertarelli has defended the use of an engine his team put on its catamaran to trim the sails during the next America’s Cup. The Swiss tycoon says the rules don’t exclude the use of an engine for that purpose, adding that the idea
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Alinghi boss Ernesto Bertarelli defends use of engine on boat to trim sails for America?s Cup
US proposal to rein in swimsuit technology passed ROME ? A proposal from USA Swimming to rein in swimsuit technology has been approved by FINA’s technical congress. The new rule states: “No swimmer shall be permitted to use or wear any device OR SWIMSUIT that may aid his speed, buoyancy or endurance during a competition,” with the
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USA Swimming proposal to rein in suit technology passed by FINA?s technical congress
WASHINGTON – Bruce Springsteen, U2, Metallica and Stevie Wonder are among the music world’s biggest stars who are set to perform at two New York City concerts in celebration of Rock n’ Roll Hall of Fame’s 25th anniversary. The shows, which will be held at New York City’s Madison Square Garden, will be taking place on
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Springsteen, U2 among stars to perform at Rock n? Roll Hall of Fame anniversary shows
MELBOURNE – Cricket Australia CEO James Sutherland has praised Australian captain Ricky Ponting for his handling of several tense situations during the Lord’s Test. Sutherland emphasized that he was not questioning whether England captain Andrew Strauss had caught the ball cleanly off Phillip Hughes, but wanted to know why it was not referred to the third
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Cricket Australia chief praises Ponting for role in tense Lord?s Test
Deutsche Post Q2 net profit falls 71 pct to euro66M FRANKFURT ? German mail and logistics company Deutsche Post AG said Thursday its second quarter net profit fell 71 percent on weaker sales and one-time effects like bad debt, partly due to the insolvency of department store operator Arcandor AG. Bonn-based Post, whose operations include global shipper
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Deutsche Post second quarter net profit falls 71 percent to euro66 million; sales fall 17 pct
Credit Suisse reports 29 percent rise in Q2 profit ZURICH ? Swiss bank Credit Suisse Group on Thursday reported a 29 percent increase in second quarter net profit after a strong performance in its investment unit drove up core revenues. The net profit of 1.57 billion Swiss francs ($1.41 billion) compared with 1.22 billion francs in the
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Swiss bank Credit Suisse reports 29 percent rise in Q2 net profit to 1.6 billion francs
Porsche SE says CEO stepping down STUTTGART, Germany ? The supervisory board of Porsche Automobil Holding SE said Thursday it has voted to accept the resignation of CEO Wendelin Wiedeking with immediate effect. The statement came after an all-night meeting on the future of the company where the board agreed to seek a capital increase of at
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Porsche Automobil Holding SE says CEO Wendelin Wiedeking to step down immediately
Book: “Listening to Grasshoppers: Field Notes on Democracy”; Author: Arundhati Roy; Publisher: Penguin-Books India; Price: Rs 499 By Madhusree Chatterjee Man Booker winning author Arundhati Roy takes a probing look at the underbelly of the world’s oldest democracy in her new anthology of essays “Listening to Grasshoppers: Field Notes on Democracy” published this week. “By
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Arundhati Roy takes a hard look at democracy (IANS Book Review)
National Australia Bank raises $1.6 billion SYDNEY ? National Australia Bank Ltd., the country’s largest lender by assets, said Thursday it raised 2 billion Australian dollars ($1.6 billion) by selling shares at a discount in a move to strengthen its balance sheet. The Melbourne-based bank on Wednesday offered more than 93 million new shares at AU$21.50 each,
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National Australia Bank raises $1.6 billion in share sale to institutional investors
WASHINGTON – Colombian singer Shakira has said that her latest album was created to distract her fans’ attention away from the recession. The ‘Hips Don’t Lie’ singer insists that her latest musical offering, ‘She Wolf’, was designed to help her fans forget about the world’s current financial crisis and enjoy themselves. “It’s a very electronic album.
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Shakira?s new album will perk up her recession-hit fans
Porsche board meets amid talk of takeover STUTTGART, Germany ? Porsche Automobil Holding SE’s supervisory board agreed early Thursday morning to seek a capital increase of at least ?5 billion ($7.1 billion), and threw its weight behind talks with a Qatar investment fund, a spokesman said. Porsche spokesman Albrecht Bamler said the decisions came after a special
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Porsche board agrees to seek a capital increase and supports talks with Qatar investment fund
WASHINGTON – Describing it as a “landmark event”, the US has said the end-user monitoring (EUM) arrangement agreed during Secretary of State Hillary Clinton’s visit has brought India into the nuclear non-proliferation mainstream. “It’s a very significant agreement,” State Department Spokesman Robert Wood told reporters Tuesday when asked to explain how the EUM for high-tech defence
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End-user pact brings India into non-proliferation mainstream: US
Honduras talks appear to fail as proposal rejected SAN JOSE, Costa Rica ? Talks on resolving the Honduran political crisis headed toward failure Wednesday when the interim government indicated it would reject a mediator’s final proposal for returning ousted President Manuel Zelaya to power. Zelaya, who is in neighboring Nicaragua, declared the mediation effort a failure and
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Mediator?s final proposal for Honduran crisis rebuffed, as talks end without agreement
ESPN bans NY Post reporters over Andrews video HARTFORD, Conn. ? ESPN banned staffers from the New York Post from appearing on any of its programming on Wednesday after the newspaper published photos this week taken from a video showing sideline reporter Erin Andrews nude in a hotel room. The Post published three images from the blurry
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ESPN bans NY Post reporters from its shows after paper publishes images from Andrews video
Obama: Banking system needs new regulation WASHINGTON ? President Barack Obama says the financial system has stabilized but needs new regulations to curtail behavior and practices that led to the meltdown that brought Wall Street to the brink of collapse. The president specifically mentioned regulatory changes that would require shareholders to have nonbinding votes on executive compensation
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Obama says financial system stabilized but needs new dose of regulation
Obama seeks to rally support for health care bill WASHINGTON ? Six months in office, President Barack Obama sought to rally support for sweeping health care legislation Wednesday night as Congress struggled to find agreement on a historic overhaul. He vowed to reject any measure “primarily funded through taxing middle-class families.” At a prime-time news conference, Obama
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Obama seeks to rally support for health care bill, defends decision to set mid-summer deadline
Obama: Health care bill key to economic recovery WASHINGTON ? President Barack Obama said Wednesday night that Medicare and Medicaid are the “biggest driving force behind” massive federal deficits, and must be tamed as part of any health care legislation. At a prime-time news conference marking six months in office, Obama said health care legislation was key
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Obama says health care bill key to strong economic recovery in prime-time news conference
Jackson doc lawyer: Police seek manslaughter link HOUSTON ? The Michael Jackson investigation took a stunning turn Wednesday as authorities raided the offices of the doctor who was with the pop star when he died and the physician’s lawyer said investigators appear to be building a manslaughter case.
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Lawyer for Michael Jackson?s doctor says clinic raid a search for evidence of manslaughter
A unique group of pint-sized heroes is ready to save the world. G-FORCE, the video game inspired by the highly anticipated feature film “G-Force” from Walt Disney Pictures and Jerry Bruckheimer Films, is available now at all major retailers. G-FORCE is available on Wii, Xbox 360 video game and entertainment system from Microsoft, PLAYSTATION 3 computer entertainment system, PlayStation 2 computer entertainment system, PSP (PlayStation Portable) system, Nintendo DS and Windows-based PC
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Disney Interactive Studios Deploys G-Force on Mission to Retail Shelves
Agents raid home of Grand Am driver Zogaib ORMOND BEACH, Fla. ? The homes of professional race car driver Henri Zogaib and his business partner were searched Wednesday by Florida law enforcement agents who are investigating an alleged $5.4 million Ponzi scheme that has also ensnared an unidentified NASCAR driver, authorities said.
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Agents raid homes of Grand Am driver Zogaib, business partner in probe of alleged Ponzi scheme
Report: Baby covered in rodent bites bled to death WESTWEGO, La. ? A 3-month-old suburban New Orleans girl whose body was covered with rodent bites bled to death before she was found in her crib, according to an autopsy released Wednesday. Westwego Police Chief Dwayne Munch said Natalie Hill had severe wounds on her nose and leg
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Autopsy: 3-month-old La. infant whose body was covered in rodent bites bled to death in crib
Report: baby found with rodent bites bled to death WESTWEGO, La. ? A 3-month-old suburban New Orleans girl whose body was covered with rodent bites bled to death before she was found in her crib, according to an autopsy released Wednesday. Westwego Police Chief Dwayne Munch said Natalie Hill had severe wounds on her nose and leg
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Autopsy finds 3-month-old La. infant whose body was covered in rodent bites died of blood loss
Obama to assail critics on health care overhaul WASHINGTON ? President Barack Obama sought Wednesday to cast the intensifying health care debate in terms that matter to ordinary people, promising to offer more savings, security and treatment to millions. Assailing his critics, he declared, “This debate is not a game.” In remarks prepared for the start of
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Obama to assail critics on health care, promising to offer more savings, security and treatment
Obama on health revamp: ‘This isnot a game’ WASHINGTON ? President Barack Obama sought Wednesday to cast the intensifying health care debate in terms that matter to ordinary people, promising to offer more savings, security and treatment to millions. Assailing his critics, he declared, “This debate is not a game.” In remarks prepared for the start of
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Obama urges faster action on health care overhaul, says ?this is not a game?
Armstrong’s return boosts Tour TV ratings in US NEW YORK ? Each morning of the Tour de France, an average of more than half a million Americans are tuning in to watch. Not surprisingly, Lance Armstrong’s return after missing the past three Tours has sent television ratings in the United States soaring
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Lance is back, and television ratings are up for the Tour de France in the United States
MMA star Barnett positive for steroids Former heavyweight champion Josh Barnett tested positive for steroids and was scrapped from the main event of the “Affliction: Trilogy” show on Wednesday, less than two weeks before he was scheduled to fight Fedor Emelianenko in Anaheim, Calif. The California State Athletic Commission denied Barnett a license to fight on the
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MMA star Barnett tests positive for anabolic steroid ahead of title fight
Video game group files lawsuit over CTA ad rule CHICAGO ? A trade group that represents software and video game publishers sued the Chicago Transit Authority on Wednesday, saying a rule barring ads on trains and buses for “mature” and “adults only” games violates the right to freedom of speech. “The CTA’s ordinance constitutes a clear violation
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Video game group files federal lawsuit over Chicago Transit Authority?s rule on advertising