Archive | April 9th, 2012

Copper prices drop on global economic concerns

NEW YORK – It has been reported that copper prices are falling sharply as signs of a slower global economy raise questions about future demand for the industrial metal. Copper ended down 2 percent Monday. Palladium and silver also fell. The U.S. Labor Department reported Friday that employers added 120,000 jobs in March, about half [...]

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Facebook to buy Instagram for $1B

MENLO PARK, California – It has been reported that Facebook says it will spend $1 billion to buy the photo-sharing software company Instagram. The deal comes days after the service began offering a version for Android phones. The payment will be in cash and Facebook stock. Facebook is expected to complete its initial public offering [...]

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West Indies vs. Australia Scoreboard

BRIDGETOWN, Barbados – Following the scoreboard at lunch on Monday on the third day of the opening test between West Indies and Australia at Kensington Oval: (Overnight 44-0) Ed Cowan c Baugh b Sammy 14 David Warner c Bravo b Sammy 42 Shane Watson not out 39 Ricky Ponting run out (Brathwaite/Baugh) 4 Michael Clarke [...]

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Gunmen kill 6 in sectarian attack in Pakistan

QUETTA, Pakistan – It has been reported that gunmen on a motorcycle opened fire on Shiite Muslims in southwest Pakistan on Monday, killing six in an apparent sectarian attack, police said. Three other Shiites were wounded in the attack on a shoe store in Quetta, the capital of Baluchistan province, said police officer Hamid Shakil. [...]

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Avon hopes it will get a makeover with new CEO

NEW YORK – It has been reported that Avon is hoping a new CEO can give it a much-needed makeover. The struggling cosmetics seller on Monday tapped long-time Johnson & Johnson executive Sherilyn S. McCoy as its new chief executive. The announcement ended a four-month search to replace embattled CEO Andrea Jung, who had come [...]

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'Lion King' is Broadway's all-time box office winner

NEW YORK – Yes, that’s right: a new king reigns on Broadway. Box office data to be released Monday show that “The Lion King” last week swiped the title of Broadway’s all-time highest grossing show from “The Phantom of the Opera,” The Associated Press has learned. The cumulative gross for “The Lion King” is $853,846,062, [...]

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Spain: How about making wealthy people pay for health care?

MADRID – It has been reported that Spain should consider making richer people pay for their universal health coverage, the country’s economy minister said Monday in another reflection of a government scraping and clawing for new sources of revenue. The ruling party quickly disavowed him, saying the official was only expressing a personal opinion. The [...]

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Obama joins families on annual Easter Egg Roll

WASHINGTON – It has been reported that in an annual family-friendly rite of spring, President Barack Obama and his wife Michelle kicked off the White House Easter Egg Roll on Monday, joining tens of thousands of youngsters and their parents in a day of racing, reading, sports and crafts on a breezy, sun-splashed South Lawn. [...]

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