Archive For April 2009

Rock ‘n’ roll movie “Boat” just barely stays afloat

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Richard Curtis’ new comedy “The Boat That Rocked,” about the pirate radio stations that sprang up briefly in the United Kingdom in the 1960s, is like a long, slow cruise where all the fun is in the exotic ports of call but life on board is pretty dull.

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Metallica sidelining bass player at rock induction

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Nobody’s more surprised that Jason Newsted will be playing again with Metallica this weekend than … Jason Newsted.

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Madonna says following rules in Malawi adoption

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Madonna is “not skirting any legal issues” in her bid to adopt a young girl from Malawi, her spokeswoman said on Tuesday amid criticism the U.S. singer is receiving special treatment in the southeast African country.

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TV drama “ER” draws last breath after 15 years

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Groundbreaking hospital drama “ER” draws its last breath this week after 15 years of blood, sweat and tears that changed storytelling on U.S. television and put fictional County General Hospital on the world’s stage.

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Borders’ Q4 net income dives, expects weak 2009

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Bookstore chain Borders Group Inc said on Tuesday quarterly earnings plunged 57 percent and predicted a weak 2009, but it still beat Wall Street earnings expectations with the help of deep cost cuts.

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Honda to cut North American production, worker pay

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Honda Motor Co Ltd said on Tuesday it would cut production in North America by 62,000 vehicles by shutting down factories for 13 days starting in May and said it would cut pay for salaried and factory workers.

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Fed’s Plosser says bank must be proactive on rates

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Philadelphia Federal Reserve President Charles Plosser said on Tuesday he is cautiously optimistic that the U.S. economy will start to grow again in the second half of 2009, breaking out of a lengthy recession.

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Alcoa stock up on upgrade, takeover speculation

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Alcoa Inc rebounded on the stock market on Tuesday, a day after tumbling 14 percent and a week before it reports fourth-quarter results, and analysts said an upgrade by Deutsche Bank and a report suggesting Alcoa might be a takeover target of mining group BHP Billiton contributed to the stock boost.

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GM sees bankruptcy risk

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General Motors warned on Tuesday there was a rising chance it could file for bankruptcy by June as Fiat and Chrysler executives met in a race to complete a tie-up the U.S. government has said Chrysler needs to survive.

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Pakistan Taliban claim responsibility for Lahore raid

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Pakistani Taliban leader Baitullah Mehsud said Tuesday his group had carried out an assault on a police academy in the city of Lahore in retaliation for U.S. drone attacks on militants in Pakistan.

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