Storm over Depardieu's 'pathetic' move

STORY HIGHLIGHTSRussian President Vladimir Putin has bestowed Russian citizenship on actor Gérard DepardieuFor Depardieu, a public war of words erupted, with many in France disgusted by his moveDepardieu more than anyone, represents the Gallic spirit, says Agnes PoirierMajority of French people disapprove of his action but can't help loving him, she addsAgnes Poirier is a French journalist and political...

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Venezuela searches for fashion boss Missoni’s plane

CARACAS/MILAN (Reuters) – Venezuelan emergency services mounted a sea and air rescue mission on Saturday after a plane carrying fashion executive Vittorio Missoni went missing off the coast of Venezuela.The plane carrying Missoni, 58, his wife, Maurizia Castiglioni, another couple and two Venezuelan crew members disappeared after taking off from the resort of Los Roques, an archipelago off the coast...

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"Cliff" concerns give way to earnings focus

NEW YORK (Reuters) - Investors' "fiscal cliff" worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week. Financial results, which begin after the market closes on Tuesday with aluminum company Alcoa , are expected to be only slightly better than the third-quarter's lackluster results. As a warning sign, analyst current...

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SAP CEO says China to become as important as U.S.: paper

FRANKFURT (Reuters) – German business software maker SAP sees potential for one million new customers in China, five times the number it currently has world-wide, German weekly paper Frankfurter Allgemeine Sonntagszeitung said.“China will be as important for us as the United States,” SAP’s co-Chief Executive Jim Hagemann Snabe told the paper, according to an advance extract.Snabe said SAP wants to...

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Reduce Over-Inflated Costs in Business Saving Time and Money

SOUTHBURY, CT–(Marketwire – Jan 4, 2013) – The day-to-day expenses of running a business, no matter what size, can very much affect the bottom line of any company. Decreasing the cost of over-inflated products and services is the mission for the cost-cutting experts with Expense Reduction Coaching® (ERC) serving business communities nationwide.“The sole purpose for our coaches is to assist companies...

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Saban: Alabama players must put aside 'clutter'

MIAMI (AP) — Days after team leaders held a players-only meeting, Alabama coach Nick Saban says the Crimson Tide's performance in Monday's BCS championship will show a lot about whether his players have put aside the "clutter" that comes with their success.Saban spoke Saturday at media day for the title game, which pits No. 2 Alabama against No. 1 Notre Dame. Alabama is favored by more than a touchdown.Saban...

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Myanmar: Evolution, not revolution

Tourists walk around the Shwedagon Pagoda in Yangon in April. The tourism industry is set for expansion.STORY HIGHLIGHTSMyanmar is undergoing incremental change, welcomed by all, says Parag KhannaBut he says people still tread lightly, careful not to overstep or demand too muchMyanmar has survived succession of natural and man-made ravages, Khanna addsWith sanctions lifted, foreign investment is now...

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Adele’s “21″ scores again, beating Swift for 2012′s top album

LOS ANGELES (Reuters) – British singer Adele‘s Grammy-winning “21″ scored a rare feat in 2012 as it topped U.S. album sales for a second straight year, beating out U.S. country-pop star Taylor Swift‘s “Red, Nielsen Soundscan said on Thursday.It was the first time a single album had been a top-seller for two years in a row since Nielsen began tracking album sales in 1991, the organization said.But...

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Wall Street mixed following jobs, ISM data reports

NEW YORK (Reuters) - Stocks firmed on Friday after a jobs report showed the pace of hiring met expectations by easing slightly in December, but gave indications of momentum in the labor market recovery. The market also reacted modestly to data from the Institute for Supply Management, which showed the U.S. service sector grew at its fastest pace in 10 months in December, boosted by a...

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Christmas updates to shine light on UK retail prospects

LONDON (Reuters) – The prospects for consumer spending and the broader British economy will be in focus next week when a host of retailers, including Marks & Spencer and Tesco, report Christmas sales figures.Many store groups found the going tough last year as consumers fretted over job security and a squeeze on incomes.With wage rises failing to match inflation and another round of government...

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White House says Congress must raise debt limit

WASHINGTON (Reuters) – The White House said on Friday it is vital for Congress to quickly resolve future tax and spending feuds, and raise the U.S. borrowing authority to avoid economic uncertainty.“It is quite clear that the economy will be better if Congress does its job and does what it routinely has done historically which is raise the debt limit without problem,” Alan Krueger, chairman of the...

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Chiefs, GM Pioli part ways after 4 seasons in KC

KANSAS CITY, Mo. (AP) — Scott Pioli is out as general manager of the Kansas City Chiefs, who have been negotiating the past two days with Andy Reid to become their next coach.Pioli and the team "mutually parted ways," the Chiefs said in a statement Friday. The decision came after four tumultuous seasons marked by poor draft choices, ineffective free-agent moves, failed coaching hires and a growing...

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Why U.S. lives under the shadow of 'W'

Julian Zelizer says former President George W. Bush's key tax and homeland security policies survive in the age of ObamaSTORY HIGHLIGHTSJulian Zelizer: For all the criticism Bush got, two key policies have survivedHe says fiscal cliff pact perpetuates nearly all of Bush's tax cutsObama administration has largely followed Bush's homeland security policy, he saysZelizer: By squeezing revenues, Bush...

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“Hunger Games” and “Hobbit” most-anticipated films of 2013: poll

LOS ANGELES (Reuters) – This year will look a lot like 2012 at the box office, with “The Hunger Games” and Hobbits at the top of cinemagoers must-see lists, according to a survey by ticket-seller Fandango released on Thursday.The second installment in “The Hunger Games” trilogy, “The Hunger Games: Catching Fire,” which is set for a November release, topped the list as 2013′s most-anticipated blockbuster.The...

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Wall Street dips as profits booked after rally

NEW YORK (Reuters) - Stocks edged lower on Thursday as investors locked in gains after a rally Wednesday, which was spurred by a deal by U.S. lawmakers to avert a "fiscal cliff" of austerity measures that had been due to kick in this year. Losses were limited, however, by better-than-expected data that showed U.S. private-sector employers added 215,000 jobs in December. That was well...

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Weak December sales show shoppers under pressure

(Reuters) – Some major U.S. retailers had a tough December, with chains like Target and Family Dollar feeling the pinch as consumers were cautious in their holiday spending.The economy took a toll on shoppers in the most important quarter of the year for retailers. The holiday season was never expected to be stellar, but even the single-digit growth anticipated by chains and analysts came under pressure...

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N-able Technologies(R) Earns Title of Best Channel Vendor

OTTAWA–(Marketwire – Jan 3, 2013) – Building on its success, N-able Technologies, the global leader in remote monitoring and management (RMM) and service automation software, today announced it has been recognized by Business Solutions Magazine (BSM) subscribers across the value-added reseller (VAR) and managed service provider (MSP) community as one of the IT industry’s Best Channel Vendors for 2013.The...

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NHL negotiations go late. No union disclaimer

NEW YORK (AP) — Hockey players are sticking together as a union for now and are working long and late hours with the NHL to try to reach a new collective bargaining agreement to get the game back on the ice.The sides met in small groups throughout the day Wednesday and then held a full-scale bargaining session with a federal mediator at night that lasted nearly five hours and didn't wrap up until...

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Jon Stewart to host Grammy’s MusiCares tribute

LOS ANGELES (AP) — Jon Stewart is hosting the MusiCares salute to Bruce Springsteen.The Recording Academy also announced Wednesday that Elton John, Neil Young, Mumford & Sons, Sting, Mavis Staples and Kenny Chesney will be among more than a dozen performers who will help pay tribute to Springsteen during the Feb. 8 benefit concert, held in Los Angeles two days before the Grammy Awards.Springsteen...

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