Hollywood actress and director Jodie Foster said that she is standing by her longtime friend Mel Gibson, inspite of the actor’s controversial racist remarks, profanity-laced tirade directed against his wife, and recent troubles with the law. Foster, who starred in 1994’s “Maverick” with Gibson, expressed her support for the beleaguered actor and director, who is […]
American scientists said on Sunday that their study found that a drug used to treat chronic obstructive pulmonary disease (COPD) may also be effective for asthma. The researchers, led by Dr. Stephen Peters of Wake Forest University Baptist Medical Center, said that a few physicians already prescribe the drug Spiriva to adults with asthma, but […]
The Federal Reserve would be holding a meeting on Tuesday to discuss the necessity of implementing additional steps to revive the faltering economy, but will likely delay making major decisions until the end of the year. It will be the last meeting of the Federal Open Market Committee before the Congressional mid-term elections, and given […]
Autumn is set to begin and several retail stores are already filling temporary jobs in preparation for busy shopping during the upcoming holiday season. Shops are expected to hire nearly 600,000 additional workers during the last three months of the year, according to new data from Challenger, Gray and Christmas Inc., a Chicago-based employment tracking […]
Lawmakers were warned on Thursday by Securities and Exchange Commission Chairman Mary Schapiro that proposals to get rid of new limits on public access to SEC’s files would impair the agency’s capability to regulate financial entities. Several bills currently pending seeks to eliminate a provision in the financial reform law that permits the SEC to […]
Celebrity Paris Hilton has avoided jail time and instead would serve a year of probation as part of a plea deal with prosecutors of her drug charges lawsuit in Las Vegas, according to David Roger, Clark County District Attorney on Friday. She was arrested in Las Vegas in August 27 and charged with drug possession. […]
NBA All-Star forward Dwight Howard of the Orlando Magic visited Haiti on Friday to see refugees and play basketball with kids. The United Nations Children’s Fund (UNICEF) and the Haiti Olympic Committee invited the player to come to the impoverished nation. Upon his arrival in the Caribbean country, Howard announced that he has put up […]
U.S. Treasury Secretary Tim Geithner said that the Chinese yuan is still undervalued and that the U.S. will continue to pressure China to let its currency climb faster. “The pace of appreciation has been too slow and the extent of appreciation too limited,” Geithner said in his congressional testimony yesterday. “We have to figure out […]
Claims about acne drugs such as Accutane that can allegedly cause depression may be overstated, since acne itself is linked to depression and suicidal thoughts, researchers said on Thursday. Norwegian researchers discovered that those with severe acne have two to three times the level of depression and suicidal thoughts than those who are not suffering […]
Following months of stalling, the United States Senate passed a small-business aid measure on Thursday that gives President Barack Obama an election year triumph but shows how tough it has become for lawmakers to work together to find ways to lift the economy and address unemployment. The bill was approved in a 61-38 vote, with […]
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