Investors face another Washington deadline

NEW YORK (Reuters) - Investors face another Washington-imposed deadline on government spending cuts next week, but it's not generating the same level of fear as two months ago when the "fiscal cliff" loomed large. Investors in sectors most likely to be affected by the cuts, like defense, seem untroubled that the budget talks could send stocks tumbling. Talks on the U.S. budget...

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BBC Leaders Have Harsh Words for Own Corporation

LONDON (AP) — The BBC is a bloated, top-heavy, and poorly-led corporation staffed by dull executives — and that's just what the company's leadership says. In 3,000 pages of emails and interviews published Friday, the BBC's top officials have harsh words for the institutional culture of their respected media group, whose reputation has been tarnished by a pedophilia scandal. Leading...

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Music Mogul Clive Davis: My Lucky Life

By Kevin O'Donnell 02/22/2013 at 10:00 AM EST On a late January afternoon, Clive Davis is sitting in his wood-paneled office in Sony Music's Manhattan headquarters. Soon he'll be off to catch the opening night of his pal Barry Manilow's new Broadway show. But right now he's gazing at his wall, which holds photos...

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Govs to hear Oregon health care plan

SALEM, Ore. (AP) — Oregon Gov. John Kitzhaber will brief other state leaders this weekend on his plan to lower Medicaid costs, touting an overhaul that President Barack Obama highlighted in his State of the Union address for its potential to lower the deficit even as health care expenses climb.The Oregon Democrat leaves for Washington, D.C., on Friday to pitch his plan that changes the way doctors...

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Wall Street rebounds as technology stocks gain

NEW YORK (Reuters) - Stocks advanced on Friday, rebounding after two days of losses, led by gains in technology stocks after better-than-expected earnings from Hewlett-Packard. The benchmark S&P 500 <.spx> has shed 1.9 percent over the past two sessions, its worst two-day drop since early November, putting the index on pace for its first weekly decline of the year. The retreat...

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Police Replace Pistorius Detective in Embarrassing Setback

PRETORIA, South Africa — The South Africa police replaced the lead investigator in the Oscar Pistorius homicide case on Thursday after embarrassing revelations that he was under investigation himself for seven criminal charges of attempted murder. The decision by the national police commissioner to remove the investigator, Hilton Botha, was the latest in a series of abrupt twists and setbacks...

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Prince Harry Rekindles Romance with Cressida Bonas: Report

By Tim Nudd 02/21/2013 at 10:50 AM EST Prince Harry and Cressida Bonas Bauer-Griffin; Splash News Online Has he found his princess this time?Prince Harry has reportedly rekindled his romance with Cressida Bonas, a British model and society girl with whom he was briefly linked to last summer,...

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Wall Street falls after raft of weak data

NEW YORK (Reuters) - U.S. stocks declined on Thursday as a ream of weak economic data did little to assuage some investors' concerns that the Federal Reserve may rein in its economic stimulus measures and amid uncertainty over ongoing budget talks in Washington. The number of Americans filing new claims for unemployment benefits rose last week and consumer prices were flat in January,...

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IHT Rendezvous: True or False? The Tussle Over Ping Fu's Memoir

Did Ping Fu, a prominent Chinese-American businesswoman and author of a recent memoir, “Bend, not Break,” make up her horrible experiences during the 1966-76 Cultural Revolution in order to gain United States citizenship? Did they help her become an American by claiming political asylum?That’s what her critics, many of them fellow Chinese-Americans, say. It’s an accusation that can stick. As a recent...

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Why Miranda Lambert's First Rescue Dog Won't Tour with Her Anymore

People Pets 02/20/2013 at 10:45 AM EST Miranda Lambert with her six dogs Courtesy Miranda Lambert Miranda Lambert has no shortage of groupies when she takes her act on the road. But there's one special fan she won't be seeing anymore when on tour: her dog Delilah."Delilah...

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