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Business News
Oil slumps on easing storm worry and dollar (Reuters)

A New York City cab driver fills his taxi up with gas at a Hess station in New York July 2, 2008. (Shannon Stapleton/Reuters)Reuters - Oil tumbled more than $5 on Tuesday, pushing losses so far this week to about $10, as forecasters said an Atlantic hurricane would steer clear of offshore oil platforms and the greenback gained against other currencies.


Alcoa's profit off but tops forecasts (Reuters)

People leave the Alcoa Business Services Center in Pittsburgh, Pennsylvania, February 13, 2007. (Jason Cohn/Reuters)Reuters - Aluminum producer Alcoa Inc on Tuesday posted a smaller-than-expected drop in second-quarter profit, lifting its shares, as higher aluminum prices and sales volumes offset higher costs.


Anheuser-Busch sues InBev over takeover attempt (Reuters)

Bud Light and Budweiser beer is shown in a cooler at the Toluca Mart liquor store in Los Angeles, California June 16, 2008. (Fred Prouser/Reuters)Reuters - Anheuser-Busch Cos Inc sued InBev NV in an effort to stop its Belgian-Brazilian suitor from taking any more steps to replace the U.S. brewer's board of directors, which had rejected a $46.3 billion takeover offer from InBev.


Stocks rise on banks and lower oil (Reuters)

Traders work on the floor of the New York Stock Exchange, July 8, 2008. (Brendan McDermid/Reuters)Reuters - Stocks rose in another turbulent session on Tuesday as a pullback in oil prices eased worries about consumer and business spending, while financial shares gained after the Fed chairman said he may keep open a lifeline for banks.


Traders plead guilty to foreign exchange scam (Reuters)
Reuters - Two currency traders pleaded guilty on Tuesday to defrauding investors, admitting their firm engaged in almost no trading and that they misappropriated money from investors and used it to buy luxury homes and cars, federal prosecutors said.
Paulson says U.S. home foreclosures to stay high (Reuters)

Treasury Secretary Henry Paulson gestures during a joint news conference with Britain's Chancellor of the Exchequer Alistair Darling at Lancaster House in central London July 3, 2008. (Dominic Lipinski/Pool/Reuters)Reuters - U.S. Treasury Secretary Henry Paulson said on Tuesday that home foreclosure starts may hit 2.5 million this year, many of them the borrowers' own fault for taking out loans they couldn't afford.


Sex and The City quartet back with movie - 13, May 2008

LONDON (Reuters) - Carrie, Samantha, Charlotte and Miranda are back -- The "Sex and the City" TV stars took to the big screen on Monday with the world premiere in London of their tales of love and high fashion in New York.



By Douglas MacLaurinLONDON (Reuters) - Carrie, Samantha, Charlotte and Miranda are back -- The "Sex and the City" TV stars took to the big screen on Monday with the world premiere in London of their tales of love and high fashion in New York.The film takes up four years on from where the hit series left the sassy singletons, who were so blatantly honest in their desire to have "sex like men" but also lusted as much for a new pair of Manolo Blahnik heels as they did for the perfect beau.The stars were greeted by hordes of screaming fans in London's Leicester Square where Sarah Jessica Parker said "This is a movie for all genders, gays, straights and everybody in-between.""Men are not vilified. It's a movie for everyone," she told Sky News.Parker, who plays Carrie and is also a producer of the film, said she had been working on the project for 2-1/2 years. But getting everyone together again was not easy.There were reports that when talks about a film began, Kim Cattrall, who plays Samantha, had demanded more money and creative control."It was a really hard time," said Cattrall, who at the time was in the midst of a divorce. Her father had also just been diagnosed with dementia."I needed to spend time with my real family and I'm really glad that I did because in the four years, you know, coming back, I think the film is where it should be," Cattrall told Reuters in New York before the film's London launch. 





(c) 2008 Reuters
Other news from Entertainment category:
  1. Colombian hostage rescue heads to big screen - 09, Jul 2008

    LOS ANGELES (Hollywood Reporter) - Colombian movie director Simon Brand is teaming up with producers in Hollywood and his native country to bring to the big screen the story of last week's dramatic rescue of Ingrid Betancourt and 14 other hostages in Colo

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  2. "Generation Kill" tests appetite for war on TV - 09, Jul 2008

    LOS ANGELES (Reuters) - The team behind critical hit television drama "The Wire" brings the Iraq War into U.S. living rooms this Sunday in HBO's "Generation Kill," taking on what has proven to be a dangerous minefield for Hollywood.

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  3. Analysis lays odds on rookie TV shows - 08, Jul 2008

    LOS ANGELES (Hollywood Reporter) - The Fox thriller "Fringe" and CBS' sci-fi drama "Eleventh Hour" will be the highest-rated new shows next season, while NBC's "Kath & Kim" and CBS' "Worst Week" will prove to be weak links in their respective comedy b

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  4. Nickelback joins Live Nation in global deal - 08, Jul 2008

    NEW YORK (Reuters) - Canadian rock band Nickelback has signed a global recording, touring and merchandising deal with concert promoter Live Nation Inc that an industry source said was worth between $50 million and $70 million.

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  5. "Kinky Boots" marching to Broadway - 08, Jul 2008

    NEW YORK (Hollywood Reporter) - "Kinky Boots" could be strutting to Broadway.

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  6. "Hancock" joins legion of box office superheroes - 08, Jul 2008

    LOS ANGELES (Hollywood Reporter) - Welcome to the Summer of the Superheroes. The international appeal of Will Smith and the overseas market's fondness for action heroes saw "Hancock" open to a mighty $78.6 million from 55 territories during the weekend, a

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  7. Aussie singer Delta Goodrem heads for U.S. - 08, Jul 2008

    NEW YORK (Billboard) - When Delta Goodrem was cast in Australia's long-running serial "Neighbours" in 2002, the teenager didn't care for the "bad girl" character written for her -- and had the audacity to renege on the potentially career-making role.

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  8. Phish members jam together at Michigan festival - 08, Jul 2008

    ROTHBURY, Michigan (Billboard) - Phish fans, long hoping for a reunion of the defunct jam band, got their wish -- or at least a portion of it -- at the inaugural Rothbury Festival in Michigan on Sunday.

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  9. 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.

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  10. Osbournes head back to TV as variety show hosts - 08, Jul 2008

    LOS ANGELES (Reuters) - British rocker Ozzy Osbourne and his raucous family -- former stars of MTV -- are headed back to U.S. television as hosts of a prime-time variety hour in the works for the Fox network.

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Software News
EA says has complied with FTC request on Take-Two (Reuters)

College fullback Owen Schmitt (R), drafted by the NFL's Seattle Seahawks, and DeSean Jackson, a wide receiver drafted by the Philadelphia Eagles, play EA Games NCAA Football at the game-makers; studio in Burnaby, British Columbia May 5, 2008. (Andy Clark/Reuters)Reuters - Video game publisher Electronic Arts Inc said on Tuesday it complied with a regulator's request for more information on its Take-Two Interactive Software Inc bid, moving a step closer to buying its rival.


VMware shares plunge on CEO change, slowing growth (AP)
AP - VMware Inc. abruptly replaced co-founder Diane Greene as chief executive Tuesday and lowered its sales outlook, triggering alarms that pounded the business software maker's shares to their lowest depths since the company's lucrative public offering 11 months ago.
Microsoft Sets Hosted-services Pricing, Irks Partners (PC World)
PC World - Some Microsoft partners are less than thrilled by the company's push into a software-plus-services model, which will compete...
Irrigation Systems Soak up Top Prizes in Software Contest (PC World)
PC World - An irrigation automation system, developed by a team of Australian students, won Microsoft's Imagine Cup programming contest.
VMware warns on revenue, replaces CEO (Reuters)
Reuters - Business software maker VMware Inc warned on Tuesday that 2008 revenue growth will fall short of expectations and said it has replaced its chief executive, sending its shares tumbling 30 percent.
New Yahoo board might lure Microsoft back into talks (USATODAY.com)
USATODAY.com - Microsoft threw its weight behind investor Carl Icahn's effort to oust Yahoo's board next month, saying Monday that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another deal.