Source: http://news.yahoo.com/canada-first-quarter-gdp-seen-short-central-bank-211351376--business.html
Friday, May 25, 2012
Canada first quarter GDP seen short of central bank forecast
OTTAWA (Reuters) - The Canadian economy probably expanded at a significantly slower rate in the first quarter than the Bank of Canada had predicted in January, and in fact its spare capacity may have risen, a Reuters survey of analysts showed on Friday. The median forecast of an annualized growth rate of 1.8 percent compared with the central bank's 2.5 percent forecast and matched the lukewarm fourth quarter rate. The Bank of Canada has estimated that the growth in economic capacity rises by 2 percent a year, so any economic growth below that rate means a wider output gap. ...
The golden days of air travel: How glorious were they?
How glorious were the golden days of air travel? CNN.com's five-week series "The Traveler's Psyche" explores what we miss about air travel & why they went away. 
Source: http://rss.cnn.com/~r/rss/cnn_latest/~3/BGhrW3lB9ME/index.html
Canada's Flaherty says rising confidence important
TORONTO (Reuters) - Canadian Finance Minister Jim Flaherty said on Friday that rising consumer confidence in North America is a more important economic signal than the recent depreciation of the Canadian dollar. "I think consumer confidence is what's important," Flaherty told a reporter from Business News Network television when asked which of the two trends is a more accurate indicator. "If the range of movement of the dollar is relatively minor, I'm not terribly concerned about it because we see some fluctuation like that from time to time and year to year. ...
Source: http://news.yahoo.com/canadas-flaherty-says-rising-confidence-important-172549940--business.html
Mayor of West New York arrested for hacking a website calling for his recall
When a political rival sets up a website demanding your recall as mayor, what do you do? Well, if you're Felix Roque, the 55-year-old mayor of West New York, New Jersey, you have your son Joseph hack the recall site and then threaten … Continue reading
Android, iOS gain share in Q1 as Symbian, BlackBerry plummet
Google’s Android operating system and Apple’s iOS platform showed big market share gains in the first quarter of 2012 as Symbian and BlackBerry shipments plummeted. Market research firm IDC on Thursday published its global smartphone market share report for the first quarter of this year, and Google’s Android was far and away the biggest winner in terms of year-on-year shipment gains. According to IDC’s study, Android shipments during the quarter totalled 89.9 million units, up a staggering 145% from 36.7 million in the first quarter of 2011. iPhone shipments were up 88.7% over the first quarter last year to 35.1 million units, giving Apple 23% of the smartphone market in the first quarter compared to Google’s 59% share. “The popularity
Source: http://news.yahoo.com/android-ios-gain-share-q1-symbian-blackberry-plummet-114521942.html
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Polish flag carrier emerges from turbulence
The Polish government's loss-making national flag carrier, LOT Polish Airlines, has been on the block since it lost more than $260 million in 2008. But now, as it emerges from the red, a deal may be on the horizon. 
Source: http://rss.cnn.com/~r/rss/cnn_latest/~3/7foUU8Kn76Q/index.html
Top horse trainer suspended by Calif. racing board
Doug O'Neill, the trainer of Triple Crown hopeful I'll Have Another, was suspended 45 days after one of his horses had an excessive level of carbon dioxide, but the punishment won't start before the Belmont Stakes.
Source: http://sports.yahoo.com/news/calif-racing-board-suspends-trainer-225942213--rah.html
Developments in Oracle vs Google legal case
Oracle Corp. had accused Google Inc. of patent and copyright infringement. Much of the dispute is over Google's Android, the mobile operating system that now powers more than 300 million smartphones and tablet computers.
Source: http://news.yahoo.com/developments-oracle-vs-google-legal-case-212239825--finance.html
Celebrity hair stylist Vidal Sassoon dead at 84
LOS ANGELES (Reuters) - Vidal Sassoon, hair stylist and fashion world pioneer who created a natural look in the 1960s and built a multimillion-dollar business on his name, died on Wednesday after a long battle with leukemia. He was 84. Sassoon died at his home in Los Angeles surrounded by loved ones and his wife of 20 years, Ronnie, his family said in a statement. "He will be greatly missed," they said. ...
Source: http://news.yahoo.com/celebrity-hair-stylist-vidal-sassoon-dead-84-001828124.html
Thursday, May 24, 2012
Fiat's Elkann gets behind the wheel for Mille Miglia
BRESCIA, Italy (Reuters) - John Elkann, the media-shy chairman of one of the world's biggest car companies, got behind the wheel and demonstrated his driving skills on Thursday in Italy's legendary four-day Mille Miglia rally race. The 36-year-old head of Fiat, which now control Chrysler and was founded by his great-great grandfather Giovanni Agnelli in 1899, will take turns driving a custom-made 1952 eight-cylinder Fiat 8V with his wife, Lavinia Borromeo, who also has a passion for iconic cars. ...
Source: http://news.yahoo.com/fiats-elkann-gets-behind-wheel-mille-miglia-070639433--finance.html
Golf-Harrington shows he is no banker from a bunker
VIRGINIA WATER, England, May 24 (Reuters) - PadraigHarrington has won three major championships but looked morelike a weekend hacker when he took three shots to get out of abunker at the second hole in the PGA Championship on Thursday. "I don't think I've ever done that before," the 40-year-oldIrishman told reporters after slumping to an openingfour-over-par 76 on a hot, sunny day at Wentworth. "My initial lie was good enough that I thought I could getit up and down. The last one was in one of my divots and I gotthat one out." Harrington, who won the British Open in 2007 and 2008 andthe U.S. ...
Source: http://news.yahoo.com/golf-harrington-shows-no-banker-bunker-165150617--golf.html
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K'naan makes songs in the key of love
His name means "traveler" and Somali-born poet, rapper and musician K'naan has certainly come a long way.
Source: http://rss.cnn.com/~r/rss/edition_entertainment/~3/V6R0hMr0yd4/index.html
Northern California man finds giant oyster
A northern California man who's been searching for years for a record-sized oyster appears to have found one.
Source: http://news.yahoo.com/northern-california-man-finds-giant-oyster-221039792.html
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Tech pressures Nasdaq in volatile trading
NEW YORK (Reuters) - Stocks ended slightly higher in a third session marked by late-day swings, but the Nasdaq fell after NetApp gave a weak revenue forecast, casting doubt on the outlook for tech spending. Major indexes were lower for much of the session, as investors found little reason to buy following three days of gains. In addition, economic figures suggested slowing demand in both Europe and the United States. However, Wall Street reversed course late in the session and the S&P extended its gains to a fourth straight day. Underscoring the vulnerability of U.S. ...
Source: http://news.yahoo.com/stock-index-futures-point-lower-start-085034606--finance.html
Lefty 'deserves Hall of Fame slot'
There is much debate in the world of golf as to whether four-time major winner Phil Mickelson deserves his place in the game's hall of fame, but journalist David Dusek is in no doubt.
Source: http://rss.cnn.com/~r/rss/edition_golf/~3/uxHPeEC5puU/index.html
Economy trudges along despite Europe turbulence
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits dipped last week and factory activity grew but at a slower pace in May, indicating the economy was plodding along despite growing headwinds from Europe. Though Thursday's economic reports were a bit lackluster, they offered no signs of deterioration in the world's largest economy as growth in countries like China slows and the euro zone edges towards a recession. ...
Source: http://news.yahoo.com/jobless-claims-little-changed-last-week-130611783--business.html
Europe's slump deepens, U.S., China lose momentum
LONDON/NEW YORK (Reuters) - The shadows over the global economy darkened this month as the euro zone's private sector contracted, U.S. manufacturing growth slowed and China's once-booming factories faltered, surveys showed on Thursday. In Europe, a downturn that started in smaller states on the euro zone's periphery is now taking root in the core countries of Germany and France, where tepid growth had been the main ballast of support for the euro area economy. "We are very much in a period of weakening global growth. ...
Source: http://news.yahoo.com/euro-zone-slump-deepens-china-falters-105637850--business.html
E-books spur reading among Americans
E-book users tend to read more often than people who read only print material, a new survey finds. A typical e-book user read 24 books in the past year, compared with the 15 books reported by typical non-e-book users.
Source: http://rss.cnn.com/~r/rss/edition_technology/~3/a1G9MhJ9Yg4/index.html
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Devils outlast Rangers, 5-3, take 3-2 series lead
The New Jersey Devils never could have imagined they would have a three-goal lead on the New York Rangers less than 10 minutes into Game 5 of the Eastern Conference finals at hostile Madison Square Garden.
Source: http://news.yahoo.com/devils-outlast-rangers-5-3-3-2-series-030145563--spt.html
Sunday, May 6, 2012
Obama, Kimmel target Kardashian at Correspondents dinner
April 29 (TheWrap.com) - Lindsay Lohan may have gotten more attention than any other guest before Saturday night's White House Correspondents Dinner, but Kim Kardashian was the celebrity who took the most hits from the dais during the annual event. Host Jimmy Kimmel, for instance, remembered last year's dinner, which took place after President Obama had dispatched a team that would track down and kill Osama bin Laden. "If you're looking for the greatest threat to America right now, she's right there," he said, pointing into the audience. "She's Kim Kardashian. ...
Source: http://news.yahoo.com/obama-kimmel-target-kardashian-correspondents-dinner-020345792.html
Microsoft to offer $99 Xbox-Kinect bundle?
Buying a home video game console may soon become a lot more like buying a cell phone, according to a new report suggesting Microsoft is planning to offer a subsidized, $99 bundle including a 4GB Xbox 360 and Kinect sensor to anyone who commits to two years of a new, $15 monthly online service package.
Source: http://rss.cnn.com/~r/rss/edition_technology/~3/cImvH_kamwI/index.html
What Developers Are Saying About BlackBerry 10 [VIDEO]
ORLANDO -- Research In Motion finally gave developers a true taste of BlackBerry 10 this week, showing off many novel features of the company's latest mobile OS. Those developers like what they see so far, though they also want to see more from RIM.
Source: http://news.yahoo.com/developers-saying-blackberry-10-video-223840463.html
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US Wants to Steer Oil-Thirsty India Away From Iran - ABC News
 ABC News | US Wants to Steer Oil-Thirsty India Away From Iran ABC News Urging India to reduce the oil it imports from Iran tops US Secretary of State Hillary Rodham Clinton's agenda as she starts two days of talks with Indian officials. India has huge energy needs to fuel its rapid growth but has made some progress in ... US seeks Indian assurance on Iran as Clinton visits |
5 Webby Award winners to watch
The winners of the 2012 Webby Awards were announced on Tuesday.
Source: http://rss.cnn.com/~r/rss/edition_technology/~3/qGhcAK23Hzs/index.html
Saturday, May 5, 2012
Banking on Galaxy S III?s success, Samsung aims to sell 200 million smartphones in 2012
Following the announcement of its next-generation flagship Galaxy S III smartphone, Samsung?s mobile boss JK Shin has revealed that the South Korea-based consumer electronics giant has its sights set sky high in 2012. According to Shin, Samsung is looking to sell 200 million smartphones this year, increasing its share of the global market to between 23% and 24%, up from 21.1% in 2011, MarketWatch reports.�According to the latest numbers from market research firm Strategy Analytics, Samsung is well on its way to achieving the lofty goal; the firm estimates that Samsung sold 44.5 million smartphones into sales channels during the first quarter, pushing the company past Apple to become the No.1 vendor in the world. Shin also noted that the
Source: http://news.yahoo.com/banking-galaxy-iii-success-samsung-aims-sell-200-184051806.html
Warren Buffett plays down health concern
OMAHA, Nebraska (Reuters) - Warren Buffett tried to allay fears of Berkshire Hathaway Inc shareholders about the company's future after he was diagnosed with prostate cancer, and revealed that he recently tried to make one of the biggest acquisitions of his storied career. The question of who will succeed Buffett, 81, as chief executive became more of an imperative after Buffett disclosed the diagnosis on April 17. ...
Source: http://news.yahoo.com/berkshire-meeting-starts-ice-cream-singing-132830977--finance.html
Amazon Kindle Fire makes up half of all Android tablets sold in the U.S.
We all know that when it comes to tablets, it's the iPad that's been�smashing sales records since the first generation�came out in 2010. But if you only take�Android tablets into account, then it's the�Amazon Kindle Fire that's king. According to ? Continue reading
Slideshow: The wildest hats at the Kentucky Derby
A woman wears a fancy hat at Churchill Downs in Louisville, Kentucky before the 138th running of the Kentucky Derby, May 5, 2012. REUTERS/Jeff Haynes (UNITED STATES - Tags: SPORT HORSE RACING)Source: http://news.yahoo.com/photos/it-s-a-hat-spectacle-derby-slideshow/
Obama outlines case for re-election at first official campaign rally
President Barack Obama used the first official rally of his re-election bid to highlight the accomplishments made during his three and a half years in the White House, and to make a case for a second term in office. 
Source: http://rss.cnn.com/~r/rss/cnn_latest/~3/Sn-lczg4q7c/index.html
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