Archive For October 2009

GM to close Saturn as sale to Penske collapses

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General Motors Co will close Saturn and wind down its dealership network after a deal to sell the faltering brand to Penske Automotive Group collapsed, the automaker said on Wednesday.

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BofA CEO Lewis out by year’s end, search on for successor

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Bank of America Corp Chief Executive Ken Lewis, whose handling of the takeover of Merrill Lynch & Co drew scorn from prosecutors and investors, will retire by year’s end and his successor is yet to be determined, the bank said on Wednesday.

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“Thomas” buys ticket to big screen

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All aboard! Thomas the Tank Engine is heading back out on the tracks.

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Dennis Hopper hospitalized with flu-like symptoms

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Dennis Hopper, the Oscar-nominated actor and star of movies including 1969’s iconic “Easy Rider”, was hospitalized in New York on Wednesday with flu-like symptoms, said his representative.

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Daniel Craig, Hugh Jackman sell out on Broadway

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Hugh Jackman and Daniel Craig, best known for playing big screen action heroes Wolverine and James Bond, have drawn record ticket sales for their play “A Steady Rain,” but it drew mixed reviews on Wednesday after opening night.

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After outcry, France changes tone on Roman Polanski case

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France’s government changed its tone on Wednesday on the arrest of Roman Polanski for having sex with a 13-year-old girl, describing the charges as serious after initially rushing to the film director’s defense.

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Pay or be blamed for son’s death, Travolta told

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Actor John Travolta testified in a Bahamian extortion trial on Wednesday that he was told that unless he paid $25 million, stories would be sold to the news media implying his son’s death was intentional and he was to blame.

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Distracted driving blamed for 5,800 U.S. deaths

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Transportation Secretary Ray LaHood Wednesday called distracted driving a serious epidemic with more than 5,800 annual U.S. traffic deaths tied to motorists who failed to keep their eyes on the road.

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Jobless rates rise in all U.S. cities in August

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Unemployment rates rose in all cities across the United States in August from a year earlier, with 16 recording jobless rates of 15 percent or higher, according to the Labor Department.

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U.S. officials worry about homegrown terrorism plots

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Top Obama administration officials on Wednesday said recent arrests in alleged bombing plots highlight the challenges they face combating “self-radicalized, homegrown extremists” as well as foreigners in the United States determined to carry out attacks.

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