Fears of an economic slowdown and bleak outlook were confirmed this week after latest economic reports showed a contraction in consumer spending and a bigger trade deficit. Morgan Stanley analysts downgraded their third-quarter estimate of consumer spending after data revealed that retail sales were down than expected for July. The trade deficit jumped a record-high […]
Scottie Pippen and Karl Malone were inducted into the Naismith Memorial Basketball Hall of Fame on Friday, enshrined individually and as members of the famed 1992 Olympic U.S. basketball “Dream Team”. Pippen thanked his “best teammate” Michael Jordan, while Malone in a tearful speech, thanked his mother who died seven years ago. “MJ, you have touched […]
Striker Mario Balotelli has finalized his huge-money transfer from Inter Milan to Manchester City by inking a five-year contract after passing a medical and physical exam. Balotelli, nicknamed “Super Mario”, had won his first Italian Cup in the 1-0 loss by Ivory Coast last Tuesday. The promising young striker had been a prospect of Manchester […]
A so-called “super bug” that originated from South Asia just claimed the life of a Belgian male, the first know fatality after infecting dozens of people in Australia and Britain. The unnamed victim was confined in a Pakistani hospital shortly after being infected and died in June in Belgium, a doctor in the hospital in […]
Former WWE Star, Lance McNaught, known as Lance Cade, passed away on Friday. McNaught was 29 years old and is survived by his two daughters and a stepson. Lance Cade had a promising career in the WWE before he faced some substance abuse problems. The cause of death has not yet been announced but some […]
Physicians delivered the good news to patient Ron Sveden — he did not have cancer. What they found instead inside his lung was a pea sprouting. “A couple days in a dark, wet environment, I’d sprout too,” Dr. Jeff Spillane said Thursday. “It definitely had a sprout.” The 75-year old Sveden had feared he had cancer […]
National Basketball Association (NBA) superstars Dwayne Wade, LeBron James, Chris Paul, and Carmelo Anthony joined other players in attending a meeting between the players and the NBA Thursday for a new collective bargaining agreement. Atlanta’s Joe Johnson and New Orleans’ Chris Paul, who is a member of the players’ executive committee, also attended the session. “It’s […]
A passenger aboard the plane described how flight attendant Steven Slater launched a profanity-laced tirade over the loudspeakers. The seat-belt belt flight was turned off and passengers hurriedly gathered their carry-on bags when the JetBlue flight from Pittsburgh landed in New York on Monday. Slater then announced over the intercom where the passenger who allegedly […]
“American Idol” winner and singer Fantasia Barrino left the hospital Wednesday after being admitted due to an overdose of “aspirin and a sleep aid,” her manager Brian Dickens said. In a prepared statement, Dickens added, “She has been lifted up by the outpouring of love and support from her fans.” The overdose happened on the […]
Major U.S. market indices plummeted on Wednesday following a prediction of a slowdown in economic recovery. The Dow Jones Industrial average dropped 265.42 points, or 2.49 percent, to 10,378.83, while the Nasdaq plunged 68.54 points, or 3.01 percent, to 2,208.63. Standard and Poor’s 500 index lost 31.59 points, or 2.82 percent, to settle at 1,089.47 […]
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