19 January 2013 Last updated at 07:07 ETDVD rental firm Blockbuster is to close 129 more stores after it went into administration earlier this month.It had already given 31 stores notice of closure. The chain has 528 stores and employs 4,190 staff.Deloitte, the accountancy firm running Blockbusters, said 760 staff are now facing redundancy, but the closures are not taking place immediately.The administrators...
REPEAT: BMO Celebrates Grand Opening of Silverado Branch in Fast Growing Area of Calgary-Open Seven Days a Week
Label: WorldCALGARY, ALBERTA–(Marketwire – Jan 19, 2013) – BMO Bank of Montreal invites customers and members of the community to celebrate the grand opening of its new full-service banking branch, Calgary”s Silverado neighborhood located at 19369 Sheriff King St. SW, south of Spruce Meadows Trail in Calgary. The celebration will be held tomorrow, on Saturday, January 19, 2013.The branch, which offers customers...
Wall Street Week Ahead: Earnings, money flows to push stocks higher
Label: WorldNEW YORK (Reuters) - With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal. The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations. Sector indexes in transportation...
Fiery Orioles manager Earl Weaver dead at 82
Label: TechnologyBALTIMORE (AP) — Loved in Baltimore long after he ended his Hall of Fame career, Earl Weaver remained an Oriole to the end.The notoriously peppery Hall of Fame manager died at age 82 on a Caribbean cruise associated with the Orioles, his marketing agent said Saturday.The Duke of Earl, as he was affectionately known in Baltimore, took the Orioles to the World Series four times over 17 seasons but won...
Why Africa backs French in Mali
Label: LifestyleFrench-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensive French-led Mali offensive French-led Mali offensive French-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensive French-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensiveFrench-led Mali offensive French-led Mali offensive French-led Mali offensiveFrench-led...
Lance Armstrong biopic in the works from Paramount, J.J. Abrams
Label: HealthLOS ANGELES (Reuters) – Paramount Pictures and “Star Trek” producer J.J. Abrams’ Bad Robot company have purchased the film rights to a forthcoming book about cyclist Lance Armstrong’s fall from grace, according to a person with knowledge of the transaction.Armstrong, whose name and celebrity status helped build a multimillion dollar cancer foundation, admitted on Thursday that he used performance-enhancing...
Jan
18
UK retail sales fall in December
Label: Business18 January 2013 Last updated at 06:45 ETUK retail sales fell at a seasonally-adjusted 0.1% in December from the month before, official figures suggest.Compared with a year earlier, the quantity of goods sold rose a worse-than-expected 0.3%, according to the Office for National Statistics (ONS).This was the slowest annual growth rate for a December since 1998 – except for December 2010, when sales...
Wall Street edges lower after disappointing Intel results
Label: WorldNEW YORK (Reuters) - Stocks edged lower on Friday from a five-year high for the S&P 500 as a weak outlook from tech heavyweight Intel offset a better-than-expected quarterly profit at Morgan Stanley. But the S&P 500 was still on track to end higher for a third consecutive week. Shares of Intel Corp slumped nearly 7 percent to $21.11 a day after it forecast quarterly...
Hamilton: Armstrong must tell everything he knows
Label: TechnologyTyler Hamilton recognized what he saw during Lance Armstrong's televised confession to doping."He's broken. He's broken," Hamilton said in an interview Friday with The Associated Press. "I've never seen him even remotely like that. It doesn't please me to see that."Hamilton rode for Armstrong's U.S. Postal Service team during his first three Tour de France titles. Hamilton's public confessions to...
U.S. 'needs tougher child labor rules'
Label: LifestyleCristina Traina says in his second term, Obama must address weaknesses in child farm labor standards STORY HIGHLIGHTSCristina Traina: Obama should strengthen child farm labor standardsShe says Labor Dept. rules allow kids to work long hours for little pay on commercial farmsShe says Obama administration scrapped Labor Dept. chief's proposal for tightening rulesShe says Labor Dept. must fix lax standards...
Jan
17
Housing starts climb to highest rate since June 2008
Label: BusinessWASHINGTON (Reuters) – Groundbreaking to build new homes accelerated in December to its fastest pace in over four years, supporting the view that housing is poised to provide a substantial boost to the U.S. economy.The Commerce Department said on Thursday that starts at building sites for homes surged 12.1 percent last month to a 954,000-unit annual rate.Data for U.S. housing starts can be volatile...
In the Garden: Camellias Ready for a Cold Snap
Label: WorldLog in to manage your products and services from The New York Times and the International Herald Tribune.Don’t have an account yet?Create an account »Subscribed through iTunes and need an NYTimes.com account?Learn more »NYT > Real EstateTitle Post: In the Garden: Camellias Ready for a Cold SnapUrl Post: http://www.news.fluser.com/in-the-garden-camellias-ready-for-a-cold-snap/Link To Post : In the...
Economy, eBay profit lift Wall Street to five-year high
Label: WorldNEW YORK (Reuters) - Wall Street rose on Thursday, with the S&P 500 hitting a five-year intraday high, on improved housing and jobs data as well as better-than-expected results from online marketplace eBay . The data showed the number of Americans filing new claims for unemployment benefits fell to a five-year low last week, while groundbreaking for homes rose to the fastest pace...
Hawaii hometown backs Te'o after girlfriend hoax
Label: TechnologyLAIE, Hawaii (AP) — People in the small Hawaii hometown of Manti Te'o are offering support for the Notre Dame linebacker, after the story of his girlfriend and her death from leukemia were revealed as a hoax.No one answered the door Wednesday evening and no one appeared to be inside the modest, single-story wood home of Te'o's parents, Brian and Ottilia Te'o, in the small coastal town of Laie on Oahu's...
Did Scientology ad cross line?
Label: LifestyleThe Church of Scientology is also at fault for thinking the advertorial would survive The Atlantic readers' scrutiny, Ian Schafer says.STORY HIGHLIGHTSThe Atlantic published and pulled a sponsored Scientology "story"Ian Schafer: On several levels, the ad was a mistakeHe says the content was heavy-handed and comments were being moderatedSchafer: Experimenting to raise revenue makes sense, but standards...
Singer Elton John a father for second time
Label: HealthLONDON (Reuters) – British pop star Elton John announced on Wednesday he had become a father for the second time after the birth via a surrogate mother of Elijah Joseph Daniel Furnish-John.The “Rocket Man” and “Candle in the Wind” singer and his partner David Furnish confirmed the news in a short statement on John‘s official website, which also provided a link to an article in Hello! magazine.“Both...
Jan
16
Blockbuster enters administration
Label: Business16 January 2013 Last updated at 11:45 ETDVD rental firm Blockbuster has become the latest UK High Street firm to go into administration after struggling against internet competitors.The chain has 528 stores and employs 4,190 staff.Deloitte, the accountancy firm which will now take over running the firm, said Blockbuster UK would keep trading while it tries to find a buyer.Music chain HMV and camera-seller...
Peace Country REA Members Vote to Sell to ATCO Electric
Label: WorldEDMONTON, ALBERTA–(Marketwire – Jan 16, 2013) – Members of the Peace Country Rural Electrification Association (REA) have voted 78 per cent in favour of selling their electric distribution system to ATCO Electric. The sale vote is the result of an ATCO Electric purchase proposal requested by the Peace Country REA Board of Directors and membership.The Peace Country REA is an amalgamation of 10 REAs...
Wall Street flat as Apple gains, Boeing weighs
Label: WorldNEW YORK (Reuters) - U.S. stocks were little changed on Wednesday as concerns about global economic growth and a drop in Boeing shares offset strong bank results and gains in technology stocks. Goldman Sachs shares hit their highest level since June 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses, while JPMorgan Chase said fourth-quarter...
Eagles get their man, hire Oregon's Chip Kelly
Label: TechnologyPHILADELPHIA (AP) — The Philadelphia Eagles have hired Chip Kelly after he originally chose to stay at Oregon.The 49-year-old Kelly becomes the 21st coach in team history and replaces Andy Reid, who was fired on Dec. 31 after a 4-12 season.Kelly, who was 46-7 in four years at Oregon, interviewed with the Eagles, Cleveland Browns and Buffalo Bills after leading the fast-flying Ducks to a victory over...
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