Filmmaker cries censorship as Italy political documentary blocked

ROME (Reuters) – A British filmmaker said on Friday he was a victim of censorship after a leading museum cancelled the Italian premiere of the documentary “Girlfriend in a Coma”, which is highly critical of Italy‘s political and economic situation.The museum where the film was to have been shown on February 13 cancelled the showing and said it could not be held until after the country’s elections...

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"Great Rotation"- A Wall Street fairy tale?

NEW YORK (Reuters) - Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights. That sounds good, but there's a snag: The evidence for this is a few weeks of bullish fund flows that are hardly unusual for January. Late-stage bull markets...

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China poised to control strategic Pakistani port

KARACHI, Pakistan (AP) — China is poised to take over operational control of a strategic deep-water Pakistani seaport that could serve as a vital economic hub for Beijing and perhaps a key military outpost, according to officials.The construction of the port, in the former fishing village of Gwadar in troubled Baluchistan province, was largely funded by China at a cost of about $ 200 million. It has...

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Touch Down! Market Watchers Hope to Score Financial Advice From the Super Bowl Outcome

TORONTO, ONTARIO–(Marketwire – Feb 2, 2013) – Investors and football fans will be tuning in to the Super Bowl this Sunday, hoping the “Super Bowl Indicator” continues its uncanny ability to predict bearish and bullish stock market trends for the year ahead. The Super Bowl Indicator (SBI), a calculation for stock market performance based on the winning team, has been regarded as a way to predict...

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NFL's Goodell aims to share blame on player safety

NEW ORLEANS (AP) — NFL Commissioner Roger Goodell wants to share the blame."Safety," he said at his annual Super Bowl news conference, "is all of our responsibilities."Not surprisingly, given that thousands of former players are suing the league about its handling of concussions, the topics of player health and improved safety dominated Goodell's 45-minute session Friday. And he often sounded like...

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Hillary: Secretary of empowerment

Girls hug U.S. Secretary of State Hillary Clinton during a 2010 tour of a shelter run for sex trafficking victims in Cambodia.STORY HIGHLIGHTSDonna Brazile: Clinton stepping down as Secretary of State. Maybe she'll run for presidentShe says as secretary she expanded foreign policy to include effect on regular people She says she was first secretary of state to focus on empowering women and girlsBrazile:...

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Roseanne Barr to Star in, Produce New Series for NBC

NEW YORK (TheWrap.com) – NBC is betting on the up-again-down-again Roseanne Barr, signing the television icon to an overall deal that calls for her to develop a show she will star in and produce for the network. She will executive produce the series with Steven Greener, with whom she collaborated on “Roseanne’s Nuts” for Lifetime.As part of the deal, Barr also will guest star in a three-episode arc...

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Nasdaq rises one percent, Wall Street extends rally

NEW YORK (Reuters) - U.S. stocks hit five-year highs and the Nasdaq rose 1 percent on Friday, after jobs and manufacturing data showed the economy's sluggish recovery is still on track. The Dow Jones industrial average <.dji> gained 135.05 points, or 0.97 percent, to 13,995.63. The Standard & Poor's 500 Index <.spx> rose 13.85 points, or 0.92 percent, to 1,511.96. The...

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Barclays chief to waive his bonus

1 February 2013 Last updated at 07:14 ETThe chief executive of Barclays bank, Antony Jenkins, is to waive his bonus for last yearHe said it would be wrong for him to receive a bonus, given what had been a “difficult” year for Barclays.It is thought Mr Jenkins was in line to receive about £1m of a potential maximum entitlement of £2.75m.Mr Jenkins took over as chief executive last August, just as Barclays...

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Tax Time Is ID Theft Time

The Internal Revenue Service began accepting 2012 tax returns this week, sending thousands of individual taxpayers and tax professionals to their computers to fill out forms and then e-file them.You, however, are an electronic tax-filing holdout. You’ve heard the reports about all the tax-related identity theft. So you’re still sending Uncle Sam your tax data on paper.You might want to reconsider.Yes,...

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NBA union head Hunter placed on indefinite leave

NEW YORK (AP) — Billy Hunter is being placed on an indefinite leave of absence as executive director of the NBA players' association, following a report that was critical of his leadership and decision making.The union is forming an interim executive committee and advisory committee, president Derek Fisher says in a statement released Friday.Fisher pushed for the outside review of Hunter and the union,...

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Fear and loathing in Egypt's Port Said

Behind the maskScales of justiceMoment of truthFans celebrate Armed and readyRally at the clubPortrait of the deadACABDown with MorsiArmy in controlPort Said women protestAl Masry ultrasThe sound of machine gunsAftermathProtestShots firedEmpty standsHarrowing reminder<<<123456789101112131415161718>>>STORY HIGHLIGHTSChaos erupted in Egypt after 21 people were sentenced to death following...

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ABC orders pilots for “Big Thunder” drama, Gothic soap opera

LOS ANGELES (TheWrap.com) – ABC has ordered pilots for the dramas “Big Thunder” and “Gothica,” the network said Tuesday.“Big Thunder,” which is written by “Ice Age” writer Jason Fuchs (pictured) and executive produced by Chris Morgan (“Wanted,” “The Troop”) follows a brilliant doctor in late 19th century New York whose family is given a once-in-a-lifetime opportunity to relocate to a frontier mining...

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Wall Street flat after mixed data; Qualcomm lifts Nasdaq

NEW YORK (Reuters) - Stocks were little changed on Thursday as investors mulled a mixed bag of economic data, though earnings from Qualcomm helped lift the Nasdaq. Data showed the labor market improved modestly; the number of Americans filing new claims last week for unemployment benefits rose, beating expectations and bouncing off five-year lows in the prior week. That comes...

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Banks pay for ‘swap’ mis-selling

31 January 2013 Last updated at 08:32 ETFour banks will now compensate tens of thousands of small businesses who were mis-sold complex insurance deals, says the Financial Services Authority.In a pilot study, the FSA found that 90% of deals sold to “unsophisticated” customers broke at least one rule.Some 40,000 “interest rate hedging products” (IRHPs) have been sold to small businesses since 2001.Last...

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49ers' Culliver apologizes for anti-gay remarks

NEW ORLEANS (AP) — San Francisco 49ers cornerback Chris Culliver apologized Thursday for anti-gay comments he made to a comedian during Super Bowl media day, saying "that's not what I feel in my heart.""I'm sorry if I offended anyone. They were very ugly comments," Culliver said during an hour-long media session. "Hopefully I learn and grow from this experience and this situation."He said he would...

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Spielberg seen winning director Oscar for “Lincoln”

LOS ANGELES (Reuters) – American filmmaker Steven Spielberg is clear favorite among the public to win the best director award for his film about President Abraham Lincoln at the Academy Awards this year, a Reuters poll showed on Wednesday.While the race to win best film at the February 24 ceremony was shaken up by “Argo” stealing the thunder of “Lincoln” at two award ceremonies last weekend, the best...

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Wall Street edges higher, Amazon offsets GDP

NEW YORK (Reuters) - Stocks were flat on Wednesday as an unexpectedly weak read on fourth-quarter economic activity was offset by strong results at Boeing and Amazon.com. Equities continued to shrug off negative news, with the S&P 500 staying above 1,500, a level that market technicians call an inflection point that will determine the overall direction in the near term. ...

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US economy in surprise downturn

30 January 2013 Last updated at 09:27 ETThe US economy unexpectedly shrank at an annualised rate of 0.1% in the fourth quarter of 2012, initial official estimates indicate.If confirmed, it would be the first contraction logged by the US economy since the 2009 global recession.The world’s largest economy grew 3.1% in July to September.The fourth quarter period was dominated by the “fiscal cliff” –...

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