| Business News |
Ford posts $8.7 billion loss on truck slump
(Reuters)
 Reuters - Ford Motor Co posted a $8.7
billion quarterly loss on Thursday as it wrote down the value
of truck and SUV operations and cautioned that it did not
expect to see a U.S. economic turnaround until 2010.
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Dow Chemical second-quarter profit hurt by costs
(Reuters)
 Reuters - Dow Chemical Co posted
second-quarter earnings that fell short of market expectations
as its price increases did not completely offset a sharp spike
in energy and raw material costs.
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Nokia patent deal with Qualcomm boosts both stocks
(Reuters)
 Reuters - Nokia (NOK1V.HE), the world's top
cellphone maker, has ended three years of legal battles with
wireless chip developer Qualcomm and signed a patent
agreement that boosted both companies' shares.
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Wall Street extends drops after housing data
(Reuters)
 Reuters - Stock extended losses on Thursday
following a report that showed a steeper-than-expected drop in
existing-home sales in June, heightening concern about the
impact of the housing slump on economic growth.
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FCC has pact to approve Sirius-XM deal: source
(Reuters)
 Reuters - A majority of members of the Federal
Communications Commission have reached an agreement to
conditionally approve Sirius Satellite Radio Inc's
purchase of XM Satellite Radio Holdings Inc , a source
familiar with the agency review said on Thursday.
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New layoff filings jump as companies retrench
(AP)
 AP - The number of newly laid off people filing claims for unemployment benefits bolted past 400,000 last week as companies trimmed their work forces to cope with a slowing economy and fallout from a collapsed housing market.
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| Iraqi orchestra pushes unity in rare performance - 22, May 2008 |
By Michael Georgy
BAGHDAD (Reuters) - The national symphony orchestra hoped music would bring Iraqis into harmony in a concert on Wednesday which highlighted sectarian violence that has killed tens of thousands of people, including some of its members.
Before directing the rare public performance, conductor Karim Wasfi said his cellists and violinists could bring peace of mind to Iraqis, who face daily bombings and shootings.
"It's the best way to unite Iraqis," he said in the auditorium where Iraq's parliament meets in the heavily fortified government and diplomatic Green Zone compound.
"We want to help our politicians make peace."
It is hard enough for the Iraqi National Symphony Orchestra (INSO) to meet for practice sessions, let alone help unite Iraqis who face suicide bombings, shootings and kidnappings.
Some members have been kidnapped or killed in sectarian bloodshed, others have received death threats and 29 have joined the exodus of more than 2 million people who have fled Iraq.
It saw its music library and instrument store looted after the U.S.-led invasion to topple Saddam Hussein in 2003, and one of its main concert venues was destroyed by U.S. missiles.
The orchestra could not have drawn a big audience no matter how hypnotizing the concerto.
(c) 2008 Reuters
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| Other news from Entertainment category: |
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LOS ANGELES (Reuters) - Actress Gillian Anderson, best known for her nine-year stint playing FBI Agent Dana Scully on "The X-Files," will reprise her Emmy-winning role this summer in a movie sequel based on the wildly popular science fiction television se
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LOS ANGELES (Reuters) - Lawyers for Brad Pitt on Thursday threatened legal action against anyone publishing recent photographs they say were taken by paparazzi of the actor and his newly enlarged family at their French estate.
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LOS ANGELES (Reuters) - Television star Kelsey Grammer, best known from "Cheers" and his sitcom "Frasier," nearly died after suffering a heart attack last month, he told U.S. showbiz news program "Entertainment Tonight."
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NEW YORK (Billboard) - One rapper replaced another atop the U.S. pop album chart Wednesday, while the soundtrack to the new movie "Mamma Mia!" soared four places to No. 3.
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SAN DIEGO (Reuters) - Like wannabe Dark Knights answering the call of the "bat signal," throngs of grown men wearing tights and capes converge this week to revel in all manner of superhero lore and merchandising at the 39th annual Comic-Con Convention.
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LOS ANGELES (Reuters) - The script never got in the way of a good fight as comic actors Will Ferrell and John C. Reilly improvised their way through family warfare in the movie "Step Brothers," which opens on Friday.
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SAN DIEGO (Reuters) - Like wannabe Dark Knights answering the call of the "bat signal," throngs of grown men wearing tights and capes converge this week to revel in all manner of superhero lore and merchandising at the 39th annual Comic Con Convention.
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LONDON (Reuters) - A film inspired by the 2005 London suicide bombings that killed 52 people explores the mistrust they stoked between communities and how Islamist radicals threatened to drown out the voice of moderate Muslims.
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LONDON (Reuters) - Actor Christian Bale, star of the new Batman movie "The Dark Knight," on Tuesday denied allegations of assault made by his mother and sister after he was questioned by London police.
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LOS ANGELES (Hollywood Reporter) - Ever since Fox canceled Joss Whedon's 2002 series "Firefly," fans have groused that the network sabotaged the show's chances by airing its episodes out of sequence.
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