Archive for: December, 2010

‘The Social Network’ judged best picture by Los Angeles Film Critics Association

The Social Network

“The Social Network”, the film by David Fincher about the story behind social media site Facebook, was named the best picture of the year by the Los Angeles Film Critics Association. Fincher won the honor for best director in a tie with Olivier Assayas, who helmed the terrorist film “Carlos”. Colin Firth was best actor […]

U.S. trade deficit cut down as dollar weakens and exports surge

U.S. Trade Deficit

Surging exports to meet gaining foreign demand and the weak dollar have helped trim down the U.S. trade deficit to a nine-month low. The Department of Commerce announced on Friday that the trade deficit in October stood at $38.7 billion, significantly lower than the $44.6 billion gap recorded in September. Exports of American goods, led by […]

Liver damage prompts Pfizer to pull back new blood pressure drug

Liver Damage

Liver damage has been noted during the clinical trial of the new Pfizer blood pressure drug Thelin, prompting the pharmaceutical firm to withdraw it from the market. Thelin or sitaxsentan, was available in Australia, Canada and Europe and was medically indicated to lower blood pressure in the pulmonary artery. Pfizer, based in New York City, […]

Rolaids recall issued by Johnson & Johnson after foreign particles found in chews

Rolaids Recall

Rolaids soft chews are being recalled by manufacturer Johnson & Johnson after it received multiple complaints from consumers of finding foreign material such as wood and metal in the antacid chews. The products covered by the recall are Rolaids Extra Strength Softchews, Rolaids Multi-Symptom plus Anti-Gas Softchews and Rolaids Extra Strength plus Gas Softchews. In […]

High-speed rail projects to be given to more willing U.S. states

High-Speed Rail

High-speed rail projects which were allocated with a $1.2 billion fund by the federal government will be given to states who are more willing and ready to undertake such an infrastructure plan. States like Ohio and Wisconsin, which elected Republican governors who opposed the projects, were originally among the states who stood to benefit from […]

Claims for unemployment benefits declined last week, U.S. Labor Department says

Unemployment Benefits

Unemployment benefit claims have dropped more than expected last week according to the latest weekly report released by the Labor Department. For the week ended December 4, jobless claims dropped by 17,000 to 421,000. The claims forecast was between 436,000 and 438,000 and a dip of 13,000. In another sign that the job market is […]

Jim Morrison of “The Doors” granted posthumous pardon

Jim Morrison

Jim Morrison, the frontman and vocalist of the 1960s rock band “The Doors”, on Thursday was granted a pardon for his conviction of an indecent exposure charge more than 39 years after his death. Band member and keyboardist Ray Manzarek said that Morisson was “just doing a mind trip – as they would say – […]

Retirement savings not nearly enough for most Americans

Retirement Savings

The retirement savings of middle-class Americans are not nearly enough to sustain them when they enter retirement age. The survey issued by Wells Fargo & Co. on Wednesday revealed that most Americans feel a $300,000 retirement fund will be sufficient for them. But they have only saved $20,000 on average, or just seven percent of […]

Newborn deaths in France much higher than what public data shows

Newborn Deaths

Newborn deaths in France have been found to be as much as five times higher than what official statistics say, a French team of scientists have said. The study by the National Institute of Health and Medical Research authored by John Cook and Anne Tursz looked at data from 26 French districts covering the period […]

Leonardo DiCaprio woman assaulter sentenced to two years in prison

Leonardo DiCaprio

Leonardo DiCaprio’s attacker was sentenced to two years in jail for slashing the face of the Hollywood actor with a piece of glass at a party in 2005.  Aretha Wilson had pleaded no contest to the charge of assault with a deadly weapon. Judge Patricia Schnegg of the Los Angeles Superior Court took into account […]

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