Oil prices in the world market jumped on Thursday on the back of a decrease in new weekly claims for unemployment benefits and a weak US dollar. Light sweet crude for October, New York’s main contract, was up 84 cents to $73.36 per barrel as it recovered from three-month lows, while Brent North Sea of […]
The judge handling the case of Lindsay Lohan ordered the Hollywood celebrity to undergo more therapy sessions and program meetings designed for her complete recovery and to close a three-year-old drug suit. The actress would also be allowed to resume working after spending a month in jail and rehab. The 24-year-old Lohan was ordered by […]
Chinese player, Yao Ming, All-Star center of the NBA’s Houston Rockets, has been cleared by team physician Tom Clanton to resume basketball-related activities after determining that his surgically repaired foot has fully healed. Yao’s foot injury and subsequent surgery prevented him from playing last season. His team was confident then that Yao can fully heal […]
The National Institutes of Health (NIH) announced Tuesday that some research using stem cells would continue, but new studies would be suspended following a ruling made Monday by a federal judge. The decision blocks President Barack Obama’s order in 2009 to increase funding for embryonic stem cell research. “I was stunned, as was virtually everyone […]
Existing home sales plummeted by a record 27 percent in July as the benefits of the tax credit by the government weakened, showing that unemployment threatens to slow down the US economic recovery. The National Association of Realtors announced today in Washington that sales of homes were recorded at 3.83 million, its lowest pace in […]
A portion of some 160 tons of meat delivered to Walmart stores nationwide has been recalled because they were found to be contaminated with Listeria, a deadly bacteria. They were sourced from Zemco Industries of Buffalo, New York by Walmart for their deli sandwiches. “The problem was discovered as a result of a retail sample […]
Golf star Tiger Woods returns to competition and looks to regain his stature in the PGA Tour this week at the Barclay’s tournament, his first after being divorced with his wife after six years of marriage. Woods has recently signed his divorce papers with former wife Elin Nordegren, and he now sets his focus to […]
Google and Like.com, a shopping web site, both announced Monday that the search company has bought Like.com, which uses visual search technology to allow customers shop online by looking at pictures of shoes, clothing, bags, or similar items. The details of the transaction were not disclosed. In statement via email, Google spokesperson Andrew Pederson said, […]
Brunette beauty Jimena Navarrete of Guadalajara, Mexico won the Miss Universe beauty pageant at Las Vegas on Monday. The 22-year old beat out 82 other contestants from around the world. She was the first of five finalists to answer a question in the most nerve-wracking portion of the show. Wearing a red one-strapped gown, she […]
Devastated by floods, Pakistan is facing tough choices in deciding how to allocate increasingly dwindling financial resources, said an International Monetary Fund official on Monday after the first day of economic talks with government officials. It was clear that the floods will have a “major and lasting impact” on the economy of Pakistan, said Masood Ahmed, […]
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