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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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Movie Review
Grown Ups
Watching Grown Ups is much like watching someones terrible home movies: It is obvious that the people on screen had a grand ol time and enjoyed themselves immensely while the camera was rolling, but that sense of fun not only fails to translate into a pleasurable viewing experience for ... ...
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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 ...
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Downtown East in Minneapolis poised for second chance
The $400 million project and the $975 million stadium now in the works have created a buzz that maybe -- finally -- Downtown East will attract residential development that could help transform the area in a way that the Metrodome never did more than 30 years after its ...
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China sees wider role for private business
Chinese Prime Minister Li Keqiang reacts at the end of a press conference after the signing ceremony of several agreements between Switzerland and China, in Kehrsatz near Bern, Switzerland, Friday, May 24, 2013. Chinese Premier Li Keqiang is in Switzerland to seal a free trade pact with the Alpine nation ? the first comprehensive agreement his country has reached with a major western economy. Li ...
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St. John’s sells NYC campus
St. John’s University agreed to sell its lower Manhattan campus to a group including developer Steven Witkoff and property investor Fisher Brothers, which plan to build condominiums there. Selling the property at 101 Murray St. will give the university a "major infusion of capital," President Donald Harrington said yesterday. Proceeds will be used for student financial aid, ...
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Kid gloves for hedgie
Women working in the hedge-fund world know how hard it is for them to get ahead.That could explain why so few of them were willing to speak out against hedge fund legend Paul Tudor Jones, whose recent comments that having babies turns women into lousy traders kicked off a storm of controversy on Thursday. Hedgie women sprang to the defense of Jones, 58, who founded Tudor Investment Corp. in ...
Making headlines
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
Crowne Plaza, Los Angeles International Airport
I needed a hotel overnight near LAX and decided on the Crowne Plaza, a 4 star recently-renovated business class hotel ...
Keep readingRecord Your Vote
The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?
San Jose Sun
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U.S. Markets
- $2.6 mn necklace spirited away at Cannes Film Festival
- Heart healthy lifestyle may help protect kidney patients from dying prematurely
- Jitendra Singh urges states to take action to curb illegal practices in sports
- Sports Minister lauds amputee Everest climber Arunima Sinha
- Racist Oz broadcaster Morrow spared the sack but banned from marquee events this season
- Heart healthy lifestyle may help protect kidney patients from dying prematurely
- Drug target to boost bodys natural flu killer identified
- Boys stem cells successfully treat cerebral palsy
- Turning off technology hours before bedtime promotes sound sleep
- Breast cancer cells release protective proteins that suppress tumour growth
- Boys stem cells successfully treat cerebral palsy
- Russia’s Birth Rate up 5.6 in 2012 - Health Minister
- Minister Calls For Involvement Of Society At Every Level During 66th World Health Assembly
- States settle with Cigna over long-term disability insurance
- Court upholds retroactive Medi-Cal cuts
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