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  • China gives Dreamliner seal of approval China gives Dreamliner seal of approval

    China has told Boeing it can once again offer its 787 jets for commercial use. The Chinese government has granted the craft an airworthiness certificate. Some of the country's major airlines are currently updating their older planes to meet growing passenger demand. Chinese airlines, including Hainan Airlines and its rival China Southern Airline, have already ordered ten 787s each. ...

  • Delta to fly shuttle with Virgin Atlantic Delta to fly shuttle with Virgin Atlantic

    Delta Airlines will enter into an agreement with Virgin Atlantic for a shuttle service between New York's JFK T4 and London Heathrow Terminal 3. While approvals still need to be received from the EU, Britain and the US, the airlines have every intention of starting the service as soon as possible. The joint Delta / Virgin shuttle will mean the companies can coordinate schedules, network ...

  • New Jersey officials find bad liquor New Jersey officials find bad liquor

    Twenty-nine New Jersey bars and restaurants have been accused of selling unadulterated liquor. According to Gawker, bars have been selling mixtures that include cheap booze, while labelling them as premium products. At one bar, a bottle, being sold as scotch whisky, was found to contain rubbing alcohol and caramel colouring. In another, premium liquor bottles were refilled with tap ...

  • Ex-CEO gets red carpet at Procter Gamble Ex-CEO gets red carpet at Procter Gamble

    The former CEO for Procter Gamble is making a return to the company. A.G. Lafley has been recalled in a surprise move to replace current CEO Bob McDonald, effective immediately. McDonald, who will retire June 30th, has served as CEO since 2009. Lafley, 65, will also take on the titles of President and Chairman. He will be required to improve the results of the world's largest ...

  • Dubai debt to be called in Dubai debt to be called in

    Dubai is currently facing the maturity of some near-term debt which was taken out during pre-crisis years. The total debt amounts to 100 percent of its gross domestic product. The International Monetary Fund has told AFP it believes Dubai can manage the obligation but will have to be careful to pro-actively manage the process. Dubai restructured billions of dollars of debt in 2009 when ...


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Movie Review

About Schmidt

About Schmidt

Some people have been describing About Schmidt as a black comedy, and while it does have its share of darkly comedic moments, overall it is an earnest existential drama about a 67-year-old man trying to come to grips with the meaninglessness of his life. I suspect that people want to view it as a black comedy because it was directed by Alexander Payne and cowritten by Payne and Jim Taylor, ... ...

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  • China gets blame for intellectual theft

    Intellectual property theft is supposedly costing the United States more than US$300 billion each year. A study in the US has shown this is equivalent to all US exports to Asia. The 11-month study by a Congressional Commission found that software and other product theft was on an unprecedented scale. Commission co-chair Jon Huntsman, the former US ambassador to China, told reporters the ...

  • Venezuela to meet toilet paper demand

    The Venezuelan government has vowed to end a toilet paper shortage in the country. With the commodity in high demand, Venezuela's National Assembly has said it will agree to the importation of 39 million rolls of toilet paper. Toothpaste and soap are also on the Venezuelan shopping list following a chronic shortage brought on by currency controls, which have restricted the landing of ...

  • Powerful women join Forbes list

    Forbes has listed the world's most powerful woman for 2013 as Angela Merkel. She has become Forbes' number one for the 8th time. This year the list featured 8 heads of state, including the German Chancellor. Other women listed were two new billionaires to the list, women's clothing designer Tory Burch and Spanx's Sara Blakely, who both own their own companies. They were two of 24 ...

  • Italian watchdog says Vatican Bank has improved

    The Vatican Bank has been the subject of a 10 page report from its newly formed financial watchdog agency. The report has revealed that there were some attempts last year to use the bank to launder money. In 2012 there were six suspicious transaction reports, two of which were passed on to Vatican prosecutors for investigation. Autorita Informazione Finanziaria, the watchdog, was ...

  • Brussels Probes Apple’s iPhone Tactics

    Brussels is investigating whether Apple is muscling out rival smartphone makers from the European market with anti-competitive iPhone sales tactics and technical restrictions on the handset, according to documents seen by the Financial Times. The scrutiny adds to the pressure Apple is facing from government regulators, coming in the week that US senators questioned Apple chief executive Tim Cook ...

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