CNSNews.com was launched on June 16, 1998 as a news source for individuals, news organizations and broadcasters who put a higher premium on balance than spin and seek news that’s ignored or under-reported as a result of media bias by omission. Original post on cnsnews.com Comments on reddit.com
SEATTLE (Reuters) – Microsoft Corp Chief Executive Steve Ballmer is not the right leader for the world’s largest software company but holds his grip on it by systematically forcing out any rising manager Original post on reuters.com Comments on reddit.com
Luka Rocco Magnotta was chosen in the annual poll of the country’s newsrooms by The Canadian Press. Original post on theglobeandmail.com Comments on reddit.com
The leading federation for organized labor has sent a stern cease-and-desist letter to Original post on huffingtonpost.com Comments on reddit.com
Hostess Brands Inc., the bankrupt maker of Wonder bread and Twinkies, said it will fire more than 18,000 workers and liquidate after a strike crippled operations. Original post on bloomberg.com Comments on reddit.com
The maker of Wonder Bread and Ding Dongs announced it would close its plants after being crippled by a nationwide strike. Original post on wsj.com Comments on reddit.com
From Yahoo! News: (Reuters) – Pfizer Inc said it would buy privately held-NextWave Pharmaceuticals for $255 million, gaining access to the company’s attention deficit hyperactivity disorder drug, the first once-daily liquid medicine approved to treat the condition in the United States. NextWave’s shareholders would also be eligible to get up to $425 million based on certain sales milestones. Pfizer said it was exercising its option to acquire NextWave under an agreement signed in the second quarter, under which it had made an option payment of $20 million…. Original post on yahoo.com Comments on reddit.com
After historic Internet protests in January the SOPA anti-piracy bill was defeated. However, this week several reports have pointed to a rather unfortunate SOPA comeback. Not in Congress, but as a nasty cryptovirus that locks up people’s computers and accuses them of distributing copyright infringing files. Infected users can get their data back after a payment of $200 – at least, that’s what the virus makers promise. Original post on torrentfreak.com Comments on reddit.com
Wait, a Chinese company making computers in the U.S.? Yeah, you heard that right. Read this article by Brooke Crothers on CNET News. Original post on cnet.com Comments on reddit.com
Seven rent-to-own companies and a software maker are settling charges with the Federal Trade Commission that rental computers came with spyware that has Original post on wired.com Comments on reddit.com
PESHAWAR, Pakistan (Reuters) – A Pakistani minister offered $100,000 on Saturday to anyone who kills the maker of an online video which insults Islam, as sporadic protests rumbled on across parts of the Original post on reuters.com Comments on reddit.com
(Reuters) – Sany Heavy Industry Co Ltd <600031.SS>, a major heavy machinery maker controlled by one of China’s richest men, is asking its lenders to waive a financial covenant on $510 million of Original post on reuters.com Comments on reddit.com
From Yahoo! News: Federal authorities have identified a southern California man once convicted of financial crimes as the key figure behind the anti-Muslim film that ignited mob violence against U.S. embassies across the Mideast, a U.S. law enforcement official said Thursday. Original post on yahoo.com Comments on reddit.com
Dan Lyons, creator of the Fake Steve Jobs blog, explains why he thinks Apple has become boring. Original post on bbc.com Comments on reddit.com
More than a dozen lawyers who took on Big Tobacco have filed 25 cases asserting that manufacturers like ConAgra Foods and PepsiCo are misleading consumers and violating federal law. Original post on nytimes.com Comments on reddit.com
As a fresh torrent of money floods into their market, app makers are getting paranoid, constantly on the lookout for dirty tricks that can pump up traffic and user growth at strategic times, hoodwinking investors and corrupting app-store leaderboards. Original post on wired.com Comments on digg.com
Soda and candy makers seek to end a program that keeps U.S. sugar prices high by restricting imports. U.S. growers say the farm bill, up for renewal, is vital. Original post on latimes.com Comments on reddit.com
Skechers agrees to pay a $40 million fine over Original post on cnn.com Comments on reddit.com
Volkswagen AG’s Audi unit says it will buy Italian motorcycle maker Ducati Motor Holding SpA from Investindustrial Group. Original post on businessweek.com Comments on reddit.com
The maker of lean beef trimmings donated more than $500,000 to Iowa Republican candidates over the past decade and was the top agricultural contributor to the governor’s latest re-election bid, records show. Original post on desmoinesregister.com Comments on digg.com
This is troubling on so many levels. The maker of the Avastin cancer drug is currently warning doctors and hospitals that a fake version of the drug has been found, and it’s really hard to tell if you might have the fraudulent version. Original post on theatlanticwire.com Comments on reddit.com
Though the Dodd-Frank Wall Street reform act was passed way back 2010, much of the law remains to be implemented. One reason for the lag between passage of laws and their implementation is that when federal agencies propose new regulations, they are required to first seek public comment. Original post on time.com Comments on digg.com
Anonymous activists have become terrifying to the powers that be, despite (or perhaps because of) their apparent disorganization and probably in excess of their actual capacity. Original post on alternet.org Comments on digg.com
The Food and Drug Administration approved the first drug that treats cystic fibrosis by addressing an underlying cause of the disease. But the medicine, called Kalydeco, will cost nearly $300,000 a year. Original post on npr.org Comments on reddit.com
Hostess Brands, the baking company known for sweet treats like Twinkies and Ding Dongs, filed for bankruptcy on Wednesday, just three years after emerging from an earlier restructuring process. More
Rest easy, Twinkie lovers: Hostess Brands, the storied American manufacturer of snack cakes, filed for Chapter 11 bankruptcy Wednesday, but said it will continue to churn out Ho Hos, Ding Dongs and other iconic products. More
Hostess Brands, the maker of Twinkies and Wonder Bread, is seeking bankruptcy protection, blaming its pension and medical benefits obligations, increased competition and tough economic conditions. More
