Legendary pop singer Whitney Houston was found dead Saturday at a Beverly Hills, California, hotel, officials said. She was 48. The entertainer, whose incredible talent was discovered at an early age, was pronounced dead at 3:55 p.m. (6:55 p.m. ET) at the Beverly Hilton hotel despite resuscitation efforts, a police spokesman said. Beverly Hills Police Lt. Mark Rosen said there were "no obvious signs of criminal intent" and that the cause of her death is being investigated. Houston's bodyguard found her body, said Courtney Barnes, publicist for hip-hop artist Ray J, who was dating the pop diva. According to her official website, Houston sold ...
Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan. The corporation - once a Web powerhouse but now agonizing over a range of options to revive flagging growth - on Tuesday said it appointed former Rovi Corp CEO and International Business Machines Corp veteran Alfred Amoroso and ex-eBay COO Maynard Webb as independent directors. Yahoo's board has come under fire from investors impatient with the company's persistent inability to effect a turnaround, and frustrated with the apparent indecisiveness of stakeholders over ...
Chancellor of the Exchequer George Osborne has vowed to fight an "anti-business culture" in Britain, warning that a row overexecutive pay and bonuses threatens the country's fragile economic recovery. "Let me say something about the row over bonuses and pay," Osborne said in a speech to the Federation of Small Businesses. "Of course rewards for failure are unacceptable -- and those who believe in the free market are the first to say so. But a strong, free market economy must be built on rewards for success." The Labour Party has heaped pressure on the ruling coalition to curb excessive pay for top executives, using a House of Commons debate to demand the return ...
Japanese Prime Minister Yoshihiko Noda said on Tuesday he is resolved to settle a longstanding territorial dispute with Russia at an annual rally calling for the return of all four Russian-held islands off Hokkaido in northern Japan, the Kyodo news agency reported. "We'll continue to make steady and determined efforts to move ahead with negotiations," Noda said, stressing the need to sign a peace treaty with Russia. The four islands - which Russia calls the Southern Kurils and Japan calls the Northern Territories - has been the subject of a territorial dispute between the two nations since the end of World War ...
Amanda Knox's Italian lawyer has filed an appeal of her slander conviction in Italy, a Knox family spokesman inSeattle said Monday. In October, an Italian appeals court overturned the young Seattle woman's murder conviction in the 2007 death of her British roommate in Perugia. But the same court upheld Knox's conviction for slander — for falsely accusing bar owner Diya "Patrick" Lumumba of involvement in the slaying. Lumumba was freed after two weeks in prison for lack of evidence. Knox later said she was "manipulated" during her lengthy police interrogation. An appeal of the slander conviction was filed Monday, Knox family spokesman Dave Marriott confirmed. He doesn't know when the Italian ...
The Dutch railway will remain 'vulnerable' during wintry weather but Dutch Rail (NS) and track operator ProRail did not help matters during the current cold snap by the late introduction of schedule adjustments to cope with the conditions, transport minister Melanie Schultz van Haegen told parliament in a briefing on Tuesday. The NS and ProRail assumed on Thursday of last week that there would be three to five centimetres of snow. When the forecast was increased on Friday morning to between 10 and 15 centimetres, it was too late to change the timetables automatically, Schultz van Haegen told parliament. Drivers and conductors ...
Greece can leave the eurozone without damaging monetary union, European digital affairs commissioner Neelie Kroes says in an interview with the Volkskrant on Tuesday. Kroes, a member of the Dutch ruling right-wing Liberal party VVD, is not a supporter of Greece exchanging the euro for the drachma, but says: 'It is absolutely not a case of man overboard if someone leaves the eurozone.' The commissioner is very critical of the new Greek government and says they are not fulfilling their promises. 'Too few spending cuts, too little restructuring,' she says. She says the Greeks should follow the example of Italy where the new ...
Mitt Romney hopes his presidential campaign hasn't ignored Rick Santorum's aggressive attacks for too long, as caucuses in Colorado and Minnesota on Tuesday could reshuffle the race for the Republican presidential nomination. Santorum largely bypassed Florida and Nevada to blanket the two caucus states with criticism of Romney and lay the groundwork among conservatives who have great sway in the process. RivalNewt Gingrich praised Santorum's strategy as shrewd even as he signaled he had no interest in exiting the four-way race, which also includes Ron Paul. "I think that Santorum's going to have a pretty good day," Gingrich told reporters on the eve of the caucuses. "He targeted differently than I ...
Glencore and Xstrata agreed an all-share merger worth $90 billion (56 billion pounds) on Tuesday in the industry's largest ever deal, creating a commodities powerhouse spanning mining, agriculture and trading. Glencore, the world's largest diversified commodities tradinghouse, will issue 2.8 new shares for each Xstrata share in a deal they said was a "merger of equals." The ratio is a 15.2 percent premium to Xstrata shareholders compared with its share price last Wednesday before word leaked out about the merger talks, a joint statement said. "A merger between Glencore and Xstrata offers a unique opportunity to create a new business model in our industry to respond to ...
US White House hopeful Mitt Romney aims for another big caucus win in Colorado on Tuesday, as his well-oiled campaign machine works to cement his position as the Republican front runner in the US presidential race. Polls suggest he should triumph easily in the western US state -- where he scored 60 percent in 2008 -- although there is a tighter race in Minnesota, where last-placed Rick Santorum is hoping to snatch a win. Romney's main rival, former House speaker Newt Gingrich, is battling to stay in the race after two heavy losses in a row to the former Massachusetts governor, who ...
As Europe debates whether to apply a tax on financial transactions, a former Swedish finance minister says Sweden’s experience in the 1980s was so negative it repealed the tax as plunging trading volumes led to disappointing tax revenues. “The Swedish experiences were negative, both from the point of view of the state’s finances and from a general socioeconomic perspective,” former finance minister Bo Lundgren, 64,... [more]
The merger of Deutsche Börse and NYSE Euronext, which would create the world’s largest market operator worth over $17 billion (€14 billion), looks seriously compromised just weeks from an EU competition decision. With European anti-trust services setting conditions deemed unacceptable by executives, there is a growing chance that the tie-up putting the New York Stock Exchange under the same roof as the German market operator will... [more]
Police divers and rescue crews are circled around the wreckage of the cruise ship that ran aground off the Tuscan coast in an apparent search for the few dozen people who remain unaccounted for. Late Saturday a South Korean couple on their honeymoon were rescued when firefighters in the unsubmerged part of the Costa Concordia heard their screams. Crews in dinghies were seen Sunday morning touching the hull with their hands. They... [more]
Labour, the Socialist Party and the Green Left Party have launched a joint call for a higher tax rate on high incomes as part of a plan for “clever, solidary, green investments.” The party leaders launched their plea in Dutch daily de Volkskrant but did not indicate how much they wanted to raise the highest tack bracket, which currently stands at 52 percent. Recent calculations suggest an increase of just one percent could see the state... [more]
Germany displayed unflinching solidarity with its European partners after nine saw their credit ratings downgraded but did not let up the pressure for stricter policing of spending. Both Finance Minister Wolfgang Schaeuble and Chancellor Angela Merkel were at pains to reassure investors after France and Austria were stripped of their top triple-A credit ratings. They both sought to downplay the impact of Standard and Poor’s decision... [more]
Britain would have to re-negotiate its EU membership if Scotlandvoted for independence, senior EU sources told AFP as Scotland and England fight a high-stakes referendum battle. The possible break-up of the United Kingdom made international headlines this week when Scottish First Minister Alex Salmond and Prime Minister David Cameron clashed on a vote now set for 2014. Issues include whether Scotland would have to “exit and re-apply”... [more]
European leaders promised on Saturday to speed up plans to strengthen spending rules and get a permanent bailout fund up and running as soon as possible, a day after U.S. agency S&P cut the ratings of several euro zone countries’ creditworthiness. In a conference call with reporters and analysts after downgrading nine of the euro zone’s 17 countries, Standard & Poor’s said it saw continued risks from the debt crisis... [more]
German prosecutors have said that they feel they have grounds for a prosecution against Beate Zschäpe in relation to their investigation into the NSU neo-Nazi terror cell. “As a result of our further investigations, we are convinced that she was one of the founders of the terrorist association NSU and that she was involved with it up until the end,” Markus Köhler, spokesman for the Federal Prosecutors Office, said Saturday. The Zwickau-based... [more]
A number of attempted rapes against young girls have spread fear in Lund, in southern Sweden, and police now believe a single perpetrator lies behind all of the attacks. A young woman and several girls, some as young as ten, have recently been attacked in the city’s eastern area. Parents living in eastern Lund have been encouraged to walk their children to school and back, and police have increased their surveillance of the area. “We... [more]
Hollywood hearthrob Ashton Kutcher has invested in yet another Berlin start-up, taking a stake in event marketplace Gidsy. The company confirmed on Friday that it had closed its seed round and had secured funding from a number of investors, including Kutcher, who has already invested in Berlin-based companies Amen and SoundCloud. Founded by Dutch brothers Edial and Floris Dekker and Austrian Philpp Wassibauer in May 2011, Gidsy allows... [more]
