Jan
19

Te'o tells ESPN: Not involved in creating hoax

NEW YORK (AP) — Notre Dame linebacker Manti Te'o insisted he had no role in the bizarre hoax involving his "dead" girlfriend and told ESPN on Friday night that he was duped by a person who has since apologized to him.In an off-camera interview Friday with ESPN, Te'o said Ronaiah Tuiasosopo, a 22-year-old acquaintance who lives in California, contacted him two days ago and confessed to the prank. Deadspin.com...
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Why Africa backs French in Mali

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WGA’s new media nominees include “Dexter,” “Walking Dead” projects

LOS ANGELES (TheWrap.com) – The writers of projects based on cable TV hits “Dexter” and “The Walking Dead” were among the nominees for outstanding achievement in writing for new media and videogames announced Wednesday by the Writers Guild of America.John Esposito was nominated for “The Walking Dead: Cold Storage” and Scott Reynolds was nominated for “Dexter Early Cuts” in the derivative new media...
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Fed ‘underestimated 2007 crisis’

18 January 2013 Last updated at 15:02 ETThe US Federal Reserve may have underestimated the looming 2007 global financial crisis, released transcripts from its meetings that year have shown.The documents suggested Fed Governor Ben Bernanke wanted to hold off from addressing rising panic in the markets.He said in December of that year that he did not “expect insolvency or near insolvency among major...
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Why New Credit Card Regulations Can Make Or Break A Small Business

By the time you read the words “business credit card laws,” you might very well be half asleep and no one would blame you. The thing is, small business owners need to know what’s going on in the credit card world if they want to maximize profits and ultimately avoid going belly up.In the PastYou see, small business credit cards are essentially living in the past. Because they aren’t covered by the...
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Wall Street Week Ahead: Earnings, money flows to push stocks higher

NEW 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...
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Jan
18

Armstrong admits doping: 'I'm a flawed character'

CHICAGO (AP) — He did it. He finally admitted it. Lance Armstrong doped.He was light on the details and didn't name names. He mused that he might not have been caught if not for his comeback in 2009. And he was certain his "fate was sealed" when longtime friend, training partner and trusted lieutenant George Hincapie, who was along for the ride on all seven of Armstrong's Tour de France wins from...
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U.S. 'needs tougher child labor rules'

Cristina 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...
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Bolshoi’s artistic director attacked in Moscow

MOSCOW (AP) — The artistic director of the Bolshoi Theater‘s ballet troupe was attacked with acid in Moscow and his eyesight is threatened, the theater said Friday.Sergei Filin, a 42-year-old former ballet star, was approached Thursday night by an unknown man who splashed acid on his face as he got out of his car outside his home in central Moscow, Russian television reported.Bolshoi spokeswoman Katerina...
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Which Tax Haven Is Right for You?

Once confined to a few tropical islands riddled with yachts and flashy drug dealers, the tax haven market has morphed into a sprawling tableau of low-tax zones that cater to wealthy individuals and multinationals. For the uninitiated, an abbreviated catalog of haven types.Businessweek.com — Top NewsTitle Post: Which Tax Haven Is Right for You?Url Post: http://www.news.fluser.com/which-tax-haven-is-right-for-you/Link...
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MoneyTV with Donald Baillargeon, 1/18

LOS ANGELES, CA–(Marketwire – Jan 18, 2013) – Obama’s assault politics, solar breakthrough, frack water cleanup, STEM education, fuel cells, reverse mortgages; this week on MoneyTV with Donald Baillargeon. MoneyTV is the internationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with company CEOs, providing insights...
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Chinese, U.S. data push global shares to twenty-month high

LONDON (Reuters) - World shares hit a 20-month high on Friday as encouraging data from the United States and China boosted prospects for the global economy, while the yen hit new lows ahead of next week's Bank of Japan meeting. China's economy grew at a slightly faster-than-expected 7.9 percent in the fourth quarter of 2012, the latest sign it is pulling out of a post-global financial...
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Jan
17

Manti Te'o girlfriend's death apparently a hoax

SOUTH BEND, Ind. (AP) — Not long before Notre Dame played Michigan State last fall, word spread that Fighting Irish linebacker Manti Te'o had lost his grandmother and girlfriend within hours of each other.Te'o never missed a practice and made a season-high 12 tackles, two pass breakups and a fumble recovery in a 20-3 victory against the Spartans. His inspired play became a stirring story line for...
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Did Scientology ad cross line?

The 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...
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Bigelow directs “Zero Dark Thirty” torture critics to Washington

LOS ANGELES (Reuters) – The director of Oscar-nominated thriller “Zero Dark Thirty” on Wednesday defended the film’s depiction of torture in the hunt for Osama bin Laden, saying criticism would better be directed at the U.S. officials who ordered such policies.Writing in the Los Angeles Times, Kathryn Bigelow said she personally opposed any use of torture, but said it was a part of the decade-long...
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Safety fears hit more Dreamliners

17 January 2013 Last updated at 00:20 ETPlease turn on JavaScript. Media requires JavaScript to play. Leithen Francis, Aviation Week: ‘Some 787 operators will ask for compensation from Boeing’Boeing’s troubled 787 Dreamliner continues to face problems as more global regulators and airlines grounded the plane on safety concerns.The Federal Aviation Administration (FAA) ordered US airlines to stop using...
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Futures signal mixed Wall Street open

LONDON (Reuters) - U.S. stock futures pointed to a mixed open on Wall Street on Thursday, with futures for the S&P 500 rising 0.1 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures falling 0.1 percent. Airlines scrambled on Thursday to rearrange flights as Europe, Japan and India joined the United States in grounding Boeing Co's 787 Dreamliner passenger jets while...
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Jan
16

Lance Armstrong may not be done confessing

Lance Armstrong may not be done confessing.His interview with Oprah Winfrey hasn't aired yet, but already some people want to hear more — under oath — before Armstrong is allowed to compete in elite triathlons, a sport he returned to after retiring from cycling in 2011. In addition to stripping him of all seven of his Tour de France titles last year, anti-doping officials banned Armstrong for life...
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