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Business News
Markets await Bernanke as central bankers gather (Reuters)

Chairman of the Federal Reserve Ben Bernanke testifies before the U.S. House Financial Services Committee on Capitol Hill in Washington July 16, 2008. (Larry Downing/Reuters)Reuters - Federal Reserve Chairman Ben Bernanke tackles financial stability in a key speech on Friday but economists doubt he will provide solid clues about future policy action to calm the credit crunch.


Fannie and Freddie debt gains, deep share dive abates (Reuters)

A home that has been foreclosed and repossessed by the bank up for sale in Burbank, California, July 20, 2008. (Fred Prouser/Reuters)Reuters - Investors' growing belief in the likelihood of a federal bailout of home-funding giants Fannie Mae and Freddie Mac triggered a rally in the debt prices of the two companies on Thursday while a steep fall in their shares prices abated.


Oil up 5 percent on global tensions, soft dollar (Reuters)

An oil tanker nears the Trans-Alaska Pipeline Marine Terminal in Valdez, Alaska, August, 9 2008. (Lucas Jackson/Reuters)Reuters - Oil prices rose nearly 5 percent on Thursday, the biggest percentage gain in more than two months, driven by rising tensions between the United States and energy behemoth Russia.


Three big banks settle with NY state over ARS (Reuters)
Reuters - New York Attorney General Andrew Cuomo on Thursday said Merrill Lynch & Co Inc , Deutsche Bank (DBKGn.DE) and Goldman Sachs have agreed to settlements regarding their auction rate security sales practices.
FINRA probes 40 firms on auction rate securities: source (Reuters)
Reuters - Financial industry enforcement agents will review the auction-rate debt operations of about 40 firms industrywide starting next week, sources familiar with the investigation said on Thursday.
Trends & Innovations - Wednesday (Investor's Business Daily)
Investor's Business Daily - The proportion of working-age Americans facing medical debt rose to 72 mil or 41% last year, up from 58 mil or 34% in '05, according to a new survey by the nonprofit Commonwealth Fund. About half of those facing health debt have up to $2,000 in bills, while 12% have more than $4,000 in debt and another 12% have more than $8,000. The survey also found most of those with medical debt said they had exhausted their savings, with some also tapping into credit cards, home equity or cutting back on food or heat to cover health care costs.
Nicole Kidman and Keith Urban welcome daughter - 08, Jul 2008

LOS ANGELES (Reuters) - Oscar-winner Nicole Kidman gave birth on Monday to her first biological child, a daughter named Sunday fathered by her husband and country music star Keith Urban.



LOS ANGELES (Reuters) - Oscar-winner Nicole Kidman gave birth on Monday to her first biological child, a daughter named Sunday fathered by her husband and country music star Keith Urban."Earlier this morning, Nic gave birth to our beautiful baby girl, Sunday Rose Kidman Urban," the New Zealand-born, Australian-bred Grammy winner announced on his Web site."We want to thank everybody that has kept us in their thoughts and prayers. We feel very blessed and grateful that we can share this joy with you today," Urban said.A statement issued later in the day by Kidman's New York-based publicist said the infant was delivered in the United States and weighed 6 pounds, 7 1/2 ounces (2.93 kg) at birth."Husband Keith was by Nicole's side, and mother and baby are very well," the spokesman, Allen Eichhorn, said.Kidman, 41, who was born in Hawaii but raised in Australia, married Urban, 40, in Sydney in June 2006. The following October he checked into the Betty Ford Clinic for a three-month stint in rehab for substance abuse.The actress announced she was pregnant with their first child in January 2008 and was withdrawing from what would have been her latest film, "The Reader."Kidman and former spouse Tom Cruise adopted two children during nearly 10 years of marriage that ended in divorce in 2001. She had been pregnant once before with Cruise but suffered a miscarriage.Kidman and Urban, both Australian citizens, met in January 2005 at an awards dinner held by the Australian government in Los Angeles honoring the two of them. 





(c) 2008 Reuters
TAGS: Living and lifestyle
Other news from Entertainment category:
  1. Just a Minute With: Steve Coogan for "Hamlet 2" - 22, Aug 2008

    LOS ANGELES (Reuters) - British comedian Steve Coogan's specialty is over-the-top characters. In Britain, he gained notoriety as radio personality Alan Partridge, and in the United States, he currently appears in Hollywood action flick send-up "Tropic Thu

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  2. Gary Glitter leaves Bangkok for London - 22, Aug 2008

    BANGKOK (Reuters) - Disgraced rock star Gary Glitter left Bangkok for London where he is due to arrive on Friday, an airline official said.

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  3. Cigarettes in movies seen to cause teen smoking - 22, Aug 2008

    CHICAGO (Reuters) - Tobacco promotions and depictions of smoking in movies cause teenagers to start smoking, according to a sweeping report on tobacco in the media released on Thursday.

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  4. Gary Glitter back in Bangkok - 21, Aug 2008

    BANGKOK (Reuters) - Disgraced glam rocker Gary Glitter returned to Bangkok on Thursday after Hong Kong barred him from entering following his release from three years' prison in Vietnam for child sex abuse.

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  5. Madonna kicks off "Sticky & Sweet" tour - 21, Aug 2008

    LONDON (Reuters) - Madonna kicks off her "Sticky & Sweet" world tour at Cardiff's Millennium Stadium on Saturday, the latest test of her enduring appeal just a week after her 50th birthday.

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  6. New film by "Spirited Away" director wows Japan - 21, Aug 2008

    TOKYO (Reuters) - Japanese director Hayao Miyazaki of Oscar-winning animated film "Spirited Away" has captured the hearts of Japanese movie goers again, this time with a tale of a mermaid which will soon be seen around the world.

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  7. Disgraced British glam rocker back in Bangkok - 21, Aug 2008

    BANGKOK (Reuters) - Disgraced glam rocker Gary Glitter returned to Bangkok on Thursday after Hong Kong barred him from entering following his release from three years' prison in Vietnam for child sex abuse.

    More

  8. Superhero summer heads for $4 billion box office - 21, Aug 2008

    LOS ANGELES (Reuters) - Hollywood studios are nearing the end of their summer of superheroes with domestic box office receipts expected to roughly match last year's record $4.18 billion sum despite lower movie attendance.

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  9. Disgraced singer Glitter refused entry to Hong Kong - 21, Aug 2008

    BANGKOK (Reuters) - Disgraced British glam rocker Gary Glitter has been refused entry to Hong Kong after arriving from Thailand where he was also barred, a British foreign ministry spokesman said on Wednesday.

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  10. Rumer Willis joins the "family business" - 21, Aug 2008

    LOS ANGELES (Reuters) - When she first set foot on a movie set as a child, Rumer Willis, daughter of Demi Moore and Bruce Willis, knew she wanted to be a part of the "family business," even though she didn't fit the image of a Hollywood celebrity.

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Software News
Microsoft enlists Seinfeld for ad campaign: source (Reuters)

Jerry Seinfeld poses at the premiere of 'Bee Movie' in London December 6, 2007. (Anthony Harvey/Reuters)Reuters - Comedian Jerry Seinfeld will star in a $300 million marketing campaign for Microsoft Corp aimed at burnishing the image of its computer operating system, a person familiar with the effort said on Thursday.


Photosynth Stitches Photos Into a 3-D Web Canvas (NewsFactor)
NewsFactor - Microsoft's name has never been synonymous with photography, visual imaging or innovative online applications. But its release Wednesday of Photosynth -- a hybrid software/service that allows users to create 3-D environments by stitching multiple photographs together -- suggests the company has more than a few cards up its sleeve.
Apple tries to de-bug iPhone (USATODAY.com)
USATODAY.com - Apple acknowledged that a software update for the iPhone partly fixes the connection snags that have caused a global firestorm for the new iPhone 3G.
Salesforce.com stock drops on cautious outlook (AP)
AP - Salesforce.com Inc. kept its financial guidance within the range of analyst estimates Wednesday, disappointing investors who expected a more bullish forecast from one of the Internet's most popular software services.
Microsoft Eases Server-Virtualization Restrictions (NewsFactor)
NewsFactor - Microsoft has elected to jettison certain licensing restrictions that previously discouraged its customers from moving the software giant's server applications within a server farm at will.
Google Invites Security Researchers To Debug Android (NewsFactor)

A prototype of the Google Android mobile by Qualcomm is on display at the Mobile World Congress (formerly 3GSM World Congress) in Barcelona, February 11, 2008. (Albert Gea/Reuters)NewsFactor - In a move that could help it avoid an iPhone 3G-like software drama, Google wants bug hunters to test its Android mobile platform. On Monday, the Android Security Team posted a message to introduce itself to the security research and vulnerability communities.