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31 December, 2010 05:00 Society  
News: Mars Exploration Rovers Update: Spirit Perseveres Struggles, Opportunity Digs Marquette Island and We Look Back

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Brits effectively spend 50 days earnings a year paying off interest on their debts, according to research by unbiased.co.uk.

“As a nation we will spend the first 50 days of 2010 just to earn enough money to pay off the interest on our debts,” the financial advice site said.

That means it took until Saturday 20th February before anything earned by UK consumers could be used to reduce their debts...

  
02 March, 2010 23:22 Entertainment  
Chynna Phillips withdraws divorce papers
Chynna Phillips filed for divorce Friday, weeks after checking out of a facility to treat anxiety, then withdrew the papers this week. (PEOPLE.com) -- Chynna Phillips has withdrawn divorce papers she filed against husband Billy Baldwin.

"They're not getting divorced," says her manager Lizzie Grubman. "She filed and withdrew...

  
02 March, 2010 21:48 Companies  
Student loan provider offers online savings
NEW YORK (CNNMoney.com) -- Students can now pay their college loans and save with Sallie Mae.

The largest U.S. student loan company took its first steps into retail banking Tuesday with the launch of two new online savings accounts.

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The Wilkes-Barre, Pa.-based company said it will offer high-yield savings accounts with a 1...

  
02 March, 2010 21:43 Companies  
Oscar fans may lose in Cablevision-ABC fee dispute
NEW YORK (CNNMoney.com) -- Some New Yorkers hoping to watch the Oscars could see black screens instead of golden statues on Sunday.

This week Disney and Cablevision began warning the cable operator's 3.1 million New York-area subscribers that their ABC station may go dark Sunday, Mar. 6, at 12:01 a.m. because of a fee dispute.

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The Academy Awards broadcast, one of television's most-watched live events, is set to air on ABC that night...

  
02 March, 2010 20:59 Money  
GM shuffles sales leaders for 2nd time in 3 months

By Tom Krisher, AP Auto Writer

DETROIT — When Ed Whitacre Jr. took over as General Motors' CEO in December, he told reporters that executives wouldn't have long to show results.

He meant it.

GM announced sweeping changes in its sales and marketing operations on Tuesday, splitting the two functions after Whitacre combined them in December and shuffling executives across the company's operations...

  
02 March, 2010 20:51 Entertainment  
Best supporting actor goes to...
Christoph Waltz has found success this awards season for his work in "Inglourious Basterds" but does he fit The Frisky theory? (The Frisky) -- The way I see it, this year's Best Supporting Actor race is between two actors--Christoph Waltz, who won both the SAG and Golden Globe for his role in "Inglourious Basterds," and Stanley Tucci, who was the one good part of the fairly universally panned "The Lovely Bones...
  
02 March, 2010 20:34 Economy  
Senate panel mulls consumer protection deal
WASHINGTON (CNNMoney.com) -- The Senate might break its impasse on financial overhaul if it moves forward with a proposal that would put a consumer financial protection watchdog inside the Federal Reserve.

But such a move could water down the impact of a such a consumer watchdog, especially when compared to the stand-alone agency first proposed by President Obama...

  
02 March, 2010 20:31 Politics  
Clinton promises solidarity with quake-damaged Chile

U.S. Secretary of State Hillary Clinton, left, talks with Chilean President Michelle Bachelet in Santiago, Chile, on Tuesday. Santiago, Chile (CNN) -- U.S. Secretary of State Hillary Clinton arrived Tuesday morning in Chile, bringing with her more than two dozen satellite phones and a pledge of U.S. commitment to the earthquake-damaged nation...

  
02 March, 2010 19:58 Companies  
Postal Service to shed another 30,000 jobs
NEW YORK (CNNMoney.com) -- The U.S. Postal Service said on Tuesday that it would reduce its workforce by another 30,000 positions and slash overtime this year in an effort to reduce costs.

Together, these staffing reductions will result in cost savings equivalent to eliminating 50,000 full time positions, according to chief financial officer Joseph Corbett...

  
02 March, 2010 19:50 Companies  
New no. 1. Ford sales top GM, Toyota
NEW YORK (CNNMoney.com) -- Recall-plagued Toyota Motor reported a 9% drop in U.S. sales in February, but it appears other automakers didn't gain as much from Toyota's problems as expected.

Even Ford Motor, which posted strong sales to vault ahead of Toyota and GM to claim the market lead in the U.S., said it didn't believe its gains were a result of Toyota's problems...

  
02 March, 2010 19:02 Economy  
Obama pushes home efficiency rebates
NEW YORK (CNNMoney.com) -- President Obama was stumping once again Tuesday for his plan to reimburse homeowners who invest in energy efficiency and create jobs.

But the president's plan offered less money than had been previously hoped.

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'It's going to be politically difficult to get this done," Obama said at a speech at Savannah Technical College in Georgia...

  
02 March, 2010 17:53 Football  
Pompey face new hurdle in survival battle
Portsmouth manager Avram Grant has had to endure a season disrupted by financial woes off the field. (CNN) -- Portsmouth are facing a fresh legal hurdle in their battle for survival after being placed in administration.

A High Court judge in London Tuesday ordered a hearing to be convened in two weeks time to ascertain whether the administrator Andrew Andronikou was validly appointed...

  
02 March, 2010 17:42 Politics  
Bunning: Talks under way on jobless benefit standoff

Sen. Jim Bunning says that if the benefits are so important, senators could find a way to fund them. Washington (CNN) -- Embattled Sen. Jim Bunning, R-Kentucky, said Tuesday that he is involved in discussions to help end a stalemate over the extension of unemployment benefits for millions of jobless Americans.

Asked whether senators are close to finalizing a deal, Bunning said, "We're trying...

  
02 March, 2010 17:38 Technology  
Skype on TV: Has the videophone finally arrived?
(CNET) -- The imagined inventions of Victorian-era French novelist Albert Robida may be coming closer to reality.

Who, you ask? Robida was an illustrator and writer for popular science-fiction magazines, and is sometimes compared to Jules Verne. In his 1890 novel "Le Vingtieme siecle. La vie electrique," he described something called a "telephonoscope...

  
02 March, 2010 17:32 Autos  
Toyota to let U.S. unit order recalls
NEW YORK (CNNMoney.com) -- Toyota executives told lawmakers Tuesday that its U.S. and Canadian divisions will have more authority to decide when to issue a recall as the automaker faces mounting pressure from Washington over its recent safety problems.

Toyota has recalled millions of vehicles worldwide for problems related to sudden acceleration, which have been blamed for several accidents resulting in injuries and death...

  
02 March, 2010 17:28 Autos  
New # 1? Ford sales top GM
NEW YORK (CNNMoney.com) -- Ford Motor reported a big increase in U.S. sales in February, although weaker results at rival General Motors raised doubts how much other automakers were benefiting from recall problems at Toyota Motor.

Ford reported a 43% jump in sales compared to a year earlier, which was the worst month for the industry in 19 years...

  
02 March, 2010 17:12 Entertainment  
Lady Antebellum, Miranda Lambert lead ACM nominations
Lady Antebellum leads the pack for the Academy of Country Music Awards with seven nominations. (PEOPLE.com) -- It looks like it'll be ladies' night at this year's Academy of Country Music Awards.

Lady Antebellum joins Miranda Lambert, Carrie Underwood and Taylor Swift as leading nominees for the ceremony airing April 18 on CBS from Las Vegas and hosted by Reba McEntire for the 12th time...

  
02 March, 2010 16:45 Entertainment  
Lady Gaga says she is single -- and celibate
Lady Gaga sports a sheer ensemble to MAC cosmetics' Viva Glam event, but says she is currently celibate. (PEOPLE.com) -- Lady Gaga has made an art form of skimpy outfits, but at the moment it's all for show. The pop star says she is currently single and celibate.

"I haven't got time to spend on the road to get to know anyone," she told reporters Monday at MAC cosmetics' Viva Glam event in London, reports the UK's Mirror...

  
02 March, 2010 15:36 Football  
Capello denies World Cup hopes blighted
Capello had to field repeated questions about the Terry affair in his pre-match media conference. (CNN) -- England coach Fabio Capello says the continued furore over John Terry's private life will not affect his side's preparations for the World Cup finals in South Africa later this year.

Strict disciplinarian Capello stripped Terry of the captaincy last month following newspaper revelations of an alleged extra-marital affair with the ex-partner of his international and former Chelsea teammate Wayne Bridge...

  
02 March, 2010 15:21 Personal Finance  
Should I fire my financial adviser?
(Money Magazine) -- Question: Last year I put my money with an adviser for an annual fee of 1% of assets and told him my only criteria for evaluating him will be whether he beats the market. I have refrained from telling him where to invest, when to invest, etc. as I view that as his job. He "got into the rally late" last year and underperformed the broad indexes by 10% to 12%, although we did have a decent fourth quarter...
  
   

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23 February, 2010 16:52   
Bank news: Brits work 50 days to pay off interest on debts
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

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Brits effectively spend 50 days earnings a year paying off interest on their debts, according to research by unbiased.co.uk.

“As a nation we will spend the first 50 days of 2010 just to earn enough money to pay off the interest on our debts,” the financial advice site said.

That means it took until Saturday 20th February before anything earned by UK consumers could be used to reduce their debts...

  
23 February, 2010 22:46   
Health: Janka claims giant slalom crown as Miller bombs
HEALTH
Janka claims giant slalom crown as Miller bombs

Swiss Carlo Janka clears a gate during the Men's Vancouver 2010 Winter Olympics Giant slalom event at Whistler Creek side Alpine skiing venue. Janka on Tuesday added the Olympic giant slalom crown to his world title on a day when American Bode Miller failed in his bid to set Games history...

  
24 February, 2010 01:43   
Fashion: The Future Of Fashion, Part Three: Hedi Slimane
Style File

The Future Of Fashion, Part Three: Hedi Slimane As we enter a new decade, the fashion business, like the rest of the world, is encountering significant economic and technological change. In this new series, Style.com’s editor in chief, Dirk Standen, talks to a number of leading industry figures about the challenges and opportunities that lie ahead...

  
15 February, 2010 13:08   
IT: Twenty-four mobile operators link up for single platform handset deal
Tag Internet
Twenty-four mobile operators link up for single platform handset deal Twenty-four mobile phone operators, including AT&T, Vodafone and China Mobile, announced at the Mobile World Congress Monday plans to build a single platform for popular applications that allow users to play games and read news on their handsets...
  
24 February, 2010 02:46   
Culture: Ben Kingsley gambles on success in Bollywood debut
CULTURE - latest culture news report, from movie to literature. View exclusive videos, interviews of celebrities and musicians
Ben Kingsley gambles on success in Bollywood debut

British actor Ben Kingsley (pictured in 2009) this week makes his debut in a Bollywood film, nearly 30 years after his Oscar-winning performance in "Gandhi" catapulted him to worldwide fame. The 66-year-old plays a brilliant mathematician, Perci Trachtenberg, in the thriller "Teen Patti" (Three Cards) who meets a reclusive fellow academic, Venkat, at a London casino...

  
23 February, 2010 17:57   
Autos: Spyker finalise 400 million dollar Saab purchase
Tag auto industry
Spyker finalise 400 million dollar Saab purchase Dutch sports car maker Spyker now owns Saab, the former brand of US auto giant General Motors. The transfer of ownership took place on 23 February in a deal worth worth around 400 million dollars

 

AFP - Dutch sportscar maker Spyker said Tuesday it had finalised the purchase of Swedish carmaker Saab from General Motors...

  
   
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