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  • 2.7 mn Jeeps to be recalled by Chrysler over concerns on fuel tanks 2.7 mn Jeeps to be recalled by Chrysler over concerns on fuel tanks

    NEW YORK - Chrysler avoided a showdown with the US government by agreeing to recall 2.7 million Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions. Chrysler said it recognised the matter had raised concerns for customers The US company said it had resolved its differences with the National Highway Traffic Safety Administration (NHTSA). The recall affects ...

  • Dalian Wanda Group to buy UK yacht maker and hotel property Dalian Wanda Group to buy UK yacht maker and hotel property

    LONDON - China's largest premier commercial property and entertainment conglomerate, Dalian Wanda Group Wednesday entered into 320million pounds definite acquisition deal with leading British yacht company, Sunseeker International Ltd, under which Wanda will acquire a majority shareholding of 91.81% in pre-eminent luxury motor yacht manufacturer. Under the agreement, the remaining 8.19% ...

  • Settlement monitor faults four largest US mortgage servicers for lapses Settlement monitor faults four largest US mortgage servicers for lapses

    WASHINGTON - Four of the largest U.S. mortgage servicers, including Citigroup Inc (C). and Bank of America Corp., have failed to adequately upgrade their treatment of customers in danger of foreclosure, according to a court-appointed monitor. Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have failed to adhere to some of the new standards set out in a landmark settlement meant to ...

  • Lundbeck and several drug firms fined for pact to delay generic drugs Lundbeck and several drug firms fined for pact to delay generic drugs

    BRUSSELS - European Union in its first case over pay-for-delay deals that held back sales of cheaper generic drugs Wednesday fined Danish pharmaceutical company Lundbeck 93.8 million euros and imposed fines totaling 52.2 million euros on several other producers of generic medicines. The European Commission, the EU's antitrust regulator, said the companies had reached agreements that may ...

  • Spain urged to pursue further reforms to generate growth and jobs Spain urged to pursue further reforms to generate growth and jobs

    MADRID - Spain risks high joblessness and sluggish growth for years unless its government together with Europe takes "urgent action' to generate growth and jobs, the International Monetary Fund stated Wednesday. "While there are signs the economic contraction may end soon, the outlook remains difficult," IMF said in its annual assessment of the Spanish economy. "But unemployment remains ...


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Last Updated on June 19, 4:35 PM CDT
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Movie Review

Tie Me Up! Tie Me Down! (¡Atame!)

Near the middle of Pedro Almodovar's "Tie Me Up! Tie Me Down!," a young man tells the object of his affection, "I'm 23 years old, I have 50,000 pesetas, and I'm alone in the world. I'll try to be a good husband to you, and a good father to your kids." It's lines like this that make this deranged black comedy work despite its shortcomings because you never have any doubt that he means it. It's humo ... ...

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  • Yahoo follows Facebook and Microsoft in publishing US govt sought snoop data

    Internet corporation Yahoo has followed the league of technological companies in publishing reports about 'snoop data' requests made by the US government. According to the Guardian, Yahoo has revealed that it had received 12,000-13,000 requests, inclusive of criminal, Foreign Intelligence Surveillance Act (FISA), and other requests by the government between 1 December 2012 and 31 May ...

  • Nation’s biggest mortgage lenders failing terms of settlement

    The nation’s five biggest mortgage lenders have largely satisfied their financial obligations under last year’s $25 billion settlement over mortgage abuses, helping hundreds of thousands of families keep their homes. But four of the five have yet to meet their commitment to end the maze of frustrations that borrowers must navigate to modify their loans, according to a report ...

  • Kentucky leaders Urban Outfitters wont sell shot glasses flasks that look like pill bottles

    FRANKFORT, Ky. -- Retailer Urban Outfitters Inc. has responded to a multi-state campaign and stopped selling flasks, shot glasses and pint glasses that look like prescription pill bottles, political leaders in drug-plagued Kentucky said Wednesday. The state's top leaders, including Gov. Steve Beshear and Republican U.S. Rep. Hal Rogers, chairman of the powerful House Appropriations ...

  • Kim Thompson co-publisher of Fantagraphics Books dies

    SEATTLE -- Kim Thompson, co-publisher of influential Seattle-based publisher Fantagraphics Books -- known for celebrated alternative comics, graphic novels and comic strip anthologies -- has died. Fantagraphics announced Thompson's death Wednesday, four months after he was diagnosed with lung cancer. He was 56. Fantagraphics Books has been publishing alternative comics and graphic novels ...

  • MediciNova gains 31 percent

    I wrote about MediciNova yesterday . Today the market reacted to the news of positive preliminary clinical data for its drug ibudilast, being tested for methamphetamine addiction. Shares of MediciNova surged 31 percent Wednesday, closing at $3.37, up 80 cents for the ...

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