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  • New US meat labeling rules upsets Canada New US meat labeling rules upsets Canada

    OTTAWA - Canada has threatened "retaliatory measures" against the United States move changing the so-called country of origin labeling that would track beef and hogs through the meat processing and distribution systems, stating that it is discriminatory, a view shared by the World Trade Organisation. On Thursday, the United States Department of Agriculture issued a final modification to its ...

  • Twitter beefs up security with two-step login Twitter beefs up security with two-step login

    NEW YORK - Aiming to tackle recent high-profile breaches, popular micro-blogging site Twitter is introducing an optional two-step login for users to beef up security. The new system would try to ensure "it's really you" when a user signs in to Twitter, which transmits some 400 million messages a day. The move follows recent attacks into the twitter accounts of news organisations' such as ...

  • Royalty Pharma takeover bid fails to find Elan ecceptance Royalty Pharma takeover bid fails to find Elan ecceptance

    DUBLIN/ WASHINGTON Ireland-based biotechnology firm Elan Thursday rejected Royalty Pharma's increased $6.4 billion takeover bid, shortly after the U.S. firm cut the acceptance bar for its latest offer to 50 percent plus one share. Royalty raised its hostile cash bid to $12.50 per share on Monday, from $11.25 previously, but made the new offer conditional on Elan shareholders rejecting, at a ...

  • Wockhardt shares plunge 20 pc on USFDA import alert Wockhardt shares plunge 20 pc on USFDA import alert

    MUMBAI - Shares of Wockhardt, one of the leading Indian pharmaceutical and biotechnology companies, witnessed a sharp fall of 20% to Rs. 1,315 ($23.61) on the Bombay Stock Exchange(BSE) on Thursday after the US FDA published an import alert on one of its three manufacturing facilities near Aurangabad. The import alert, 'detention without physical examination of drugs from firms which have ...

  • 2 Ford units to be shut in Australia in Oct 2016 2 Ford units to be shut in Australia in Oct 2016

    MELBOURNE - Ford Motor Company Wednesday announced plans of closing its local manufacturing operations in Broadmeadows and Geelong in October 2016 thereby forcing 1,200 people out of work. Spelling the end of the iconic Ford Falcon in the country, Ford Australia president Bob Graziano announced that the carmaker would shut its Victorian facilities in October 2016, bringing an end to nearly ...


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Movie Review

Chicken Run

There is just something about chickens that makes them inherently humorous. Perhaps it is the way they walk, or the absurd manner in which they hold themselves. Perhaps their shape--that large, round, feathered body supported on tiny stick legs--just makes them look ridiculous. After all, why else would Gary Larson have used so many chicken jokes in his "Far Side" cartoons? ...

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  • UK urged by IMF to bring forward high value spending

    LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...

  • Chidambaram says U.S. Federal Reserves statement misunderstood calls for calm

    Finance Minister P. Chidambaram on Thursday sought to calm stock markets in India after Federal Reserve Chairman Ben Bernanke suggested bond purchases could be scaled back if the U.S. economy improves. Addressing a news conference here, Chidambaram said fears that the Federal Reserve would start reversing its U.S. monetary stimulus programme were being misunderstood in stock market and investor ...

  • Jersey Shore Open for Business

    Market Data Terms of Service Global Business and Financial News, Stock Quotes, and Market Data and Analysis © 2012 CNBC LLC. All Rights ...

  • Despite Overseas Weakness US Durable Goods Rise

    Orders for long-lasting U.S. manufactured goods rose more than expected in April, a sign of resilience in the factory sector despite belt-tightening in Washington and weakness in overseas markets. Durable goods orders, which range from toasters to aircraft, increased 3.3 percent last month, the Commerce Department said on Friday. The department also revised prior readings for orders to show a ...

  • Finally Clarity From the Fed Or Not

    Quantitative Easing ). The Fed also released the minutes of its last meeting--just hours after his testimony Wednesday. So the message should be crystal clear, right? The Fed MAY be willing to reduce, ...

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