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  • New US meat labeling rules upsets Canada New US meat labeling rules upsets Canada

    OTTAWA - Canada has threatened "retaliatory measures" against the United States move changing the so-called country of origin labeling that would track beef and hogs through the meat processing and distribution systems, stating that it is discriminatory, a view shared by the World Trade Organisation. On Thursday, the United States Department of Agriculture issued a final modification to its ...

  • Twitter beefs up security with two-step login Twitter beefs up security with two-step login

    NEW YORK - Aiming to tackle recent high-profile breaches, popular micro-blogging site Twitter is introducing an optional two-step login for users to beef up security. The new system would try to ensure "it's really you" when a user signs in to Twitter, which transmits some 400 million messages a day. The move follows recent attacks into the twitter accounts of news organisations' such as ...

  • Royalty Pharma takeover bid fails to find Elan ecceptance Royalty Pharma takeover bid fails to find Elan ecceptance

    DUBLIN/ WASHINGTON Ireland-based biotechnology firm Elan Thursday rejected Royalty Pharma's increased $6.4 billion takeover bid, shortly after the U.S. firm cut the acceptance bar for its latest offer to 50 percent plus one share. Royalty raised its hostile cash bid to $12.50 per share on Monday, from $11.25 previously, but made the new offer conditional on Elan shareholders rejecting, at a ...

  • Wockhardt shares plunge 20 pc on USFDA import alert Wockhardt shares plunge 20 pc on USFDA import alert

    MUMBAI - Shares of Wockhardt, one of the leading Indian pharmaceutical and biotechnology companies, witnessed a sharp fall of 20% to Rs. 1,315 ($23.61) on the Bombay Stock Exchange(BSE) on Thursday after the US FDA published an import alert on one of its three manufacturing facilities near Aurangabad. The import alert, 'detention without physical examination of drugs from firms which have ...

  • 2 Ford units to be shut in Australia in Oct 2016 2 Ford units to be shut in Australia in Oct 2016

    MELBOURNE - Ford Motor Company Wednesday announced plans of closing its local manufacturing operations in Broadmeadows and Geelong in October 2016 thereby forcing 1,200 people out of work. Spelling the end of the iconic Ford Falcon in the country, Ford Australia president Bob Graziano announced that the carmaker would shut its Victorian facilities in October 2016, bringing an end to nearly ...


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Movie Review

Summer of Sam [DVD]

Summer of Sam [DVD]

"Summer of Sam" finally lost me about two-thirds of the way through. As everyone probably knows, the "Sam" of the title refers to "Son of Sam" David Berkowitz, the serial killer who terrorized New York for more than a year in the late 1970s, stalking people and shooting them with a .44-caliber handgun because, as he claimed at the time, his neighbor's dog told him to. ...

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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 ...

  • Movers Shakers Friday’s movers Abercrombie Sears not in fashion

    Bootstrapping for start-ups When start-up financing is scarce, entrepreneurs should look to bootstrapping. Angel Investor Dale Murray explains what it is and how to attract ...

  • Bond Report Treasurys move higher as investors buy cheap

    NEW YORK (MarketWatch) -- Investors bought back into Treasurys Friday after a substantial selloff this week, helping the safe-haven debt hold onto gains after a manufacturing report on orders for long-lasting big-ticket items came in better than ...

  • Metals Stocks Gold futures retreat pare gains for the week

    SAN FRANCISCO (MarketWatch) -- Gold futures posted modest losses on Friday, paring their gains for the week after a nearly 2% climb a day prior, as investors grew wary ahead of a long U.S. holiday ...

  • Wall Street drops on uncertainty

    "We've had some volatility this week that we really haven't experienced in a month or so, so it's got a little bit of uncertainty here," said Joe Bell, a senior equity analyst at Schaeffer's Investment Research in ...

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